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"THU
■j.
C.S
Paniiat, and §asutaact |outwal
tetttt, $0mmtmal ®im^, failwag
NEWSPAPER,
AND COMMERCIAL INTERESTS OF THE UNITED STATES.
A WEEKLY
A
REPRESENTING THE INDUSTRIAL
ROB’T
Bank of the
JAY
STREET,
RICHMOND, VA.
Sterling Exchange, Gold and Silver, Bank Notes,
State, City, and Railroad Bonds and Stocks, &c,
bought and sold on commission.
Deposits received and Collections made on
No. 1014 MAIN ST.,
all accessible points in the United States.
N. Y. Correspondent, Vermilyh
PHILADELPHIA)
J ay
on
Nathan Hi lies,
Benjamin Rowland, Jr.,
Samnel A. Bispham,
Edward B. Ome,
William Ervien,
Osgood Welsh,
Frederic A. Hoyt,
STREET,
BILLS OF EXCHANGE ON LONDO
New York.
William H. Rhawn, President,
Late Cashier of the Central National Bank.
Mumford, Cashier,
Late of the Philadelphia National Bank.
of Merchan¬
Dupee, Beck & Sayles,
STOCK
Washington.
In connection with
BROKERS,
ton
Washington.
NATIONAL
'
OF
WASHINGTON,
D. H. COOKE (of Jay, Cooke & Co.),
WM. S. HUNTINGTON, Cashier.
Government Depository and
Western Bankers.
BANK
Pres’t.
Financial
Gilmore, Dunlap & Co.,
108
York, Mr. H. C. Fahnestock, of our Washing¬
will be resident partners.
We shall give particular
SALE,
Agent of tke United States.
attention to
business' connected
with tke several departments of
Government.
Full information with regard to
at alt times cheerfully furnished.
tke
Government loans
T. H. McMahan & Co.
NOTES, and all kind® of
;nd remitted for on
Checks
on
Exckange.
.
Lewis Worthington,
J.W. Ellis, Brest.
Cashier.
Theodore Stan wood,
GALVESTON, TEXAS.
Special attention given to Collections of all kinds,
having prompt and reliable correspondents at all ac¬
points in the State, and
REMITTANCES PROMPTLY MADE IN SIGHT
EXCHANGE AT CURRENT RATES.
cessible
Y.-Brest
NATIONAL BANK
THE FIRST
Of Cincinnati.
Collections made on all points
and promptly remitted for.
WEST and SOUTH,
Capital *iock,
$1,000,000. Surplus Fund, $950,000.
REFER to
Direct., rs.—John W.Ellis, Lewis Worthington, L.
Bank, Howes & Macy, and Spofford, B. Harrison, William Glenn, R. M. Bishop, William
Co., New York.
Second National Woods, JameB A. Frazer, Robert Mitchell, A. S
-
National Park
Tileston &
Bank and J. W. Seaver, Esq., Boston. Drexel A
Co. and D. S. Stetson & Co., Philadelphia. T. F.
Thirkield & Co., Cincinnati. Third National Bank
and Jos. E. Elder & Goodwin, SL Louis. Fowler,
Stanard & Co, Mobile. Pike, 'Lapeyre & Bro.,
New Orleans. Drake, Kleinwcrth<fc Cohen, Lon¬
don and Liverpool. ’
George Butler,
*
.
*
•
BANKER AND COMMISSION MERCHANT,
GALVESTON, TEXAS.
(Established in 1847.)
Collections promptly attended to and remitted for
by Sight Drafts on Messrs. Duncan, She.man & Co.,
.
Bankers, New York.
JSeferences in New York .-—Duncan Sherman & Co;
I. H. Frothingham, Esq., Pres’t. Union Trnst Co.;
Moms-Taylor, Esq.;-ft. H. Lowry, Esq., Pres’t.
B&nk of Republic;'Henry Swift « kCo.; H. B.
•
.
'
-CiaflUACto.
Offlcsla Hew York No. 71 Broadway.
JAY COOKE & CO.
Jones & Co.,
STREET, NEW YORK.
Ray, Given & Co.,
NEW OR¬
43 CARONDELET ST.,
LEANS. *
day of payment.
FOR SALE.
.
33 BROAD
accessible points
UNION BANK OF LONDON.
COMMISSION MERCHANTS
and Dealers in Domestic and Foreign
BANK
of National
and gold, and to all business
BANKING HOUSE OF
GOVERNMENT BONDS,
COLLECTIONS MADE at all
orders for purchase and sale of stocks,
Given,
GOLD, SILVER, UNCURRENT
Dealers in
attention to the purchase,
D. A. Given, of Watts, Given & Co., Paducah, Ky.
L). W. Jones, of Boyle Co., Ky.
L. M. Flournoy, Pres’t Commercial Bank of Ky.
N. S. Rat, late Cash’r Com’l B’k of Ky., Lebanon, Ky
CINCINNATI, OHIO.
We boy and sell all classes of Government
securities on the moat favorable terms, and irive
Ohio,
and EXCHANGE Of GOVERNMENT SECURITIES oi
Banks. +
~
March 1,1866.
West Fourtk Street,
110
Sc
Philadelphia and
House, and Mr. Pitt Cooke, of Sandusky,
bonds
HENRY SAYLES
JAMES BECK,
DUPEE,
JAMES A.
houses in
Washington we have this day opened an office at No.
Nassau, corner of Wall Street, in this city.
Mr. Edward Dodge, late of Clark, Dodge & Co.,
all issues; to
STREET, BOSTON.
our
1
New
Travellers
Credits for the use of
No. 22 STATE
_
Street,
,
ALSO ISSUE
Travellers’
abroad.
Sts.,
Street,
Opposite Treas. Department,
CO., PARIS.
Commercial Credits for *he purchase
dise in England and the Continent
Co.,
&
BANKERS,
Pklladelpkla.
AND
JOHN MUNROE A
COOKE.
Fifteentk
114 STATE
William H Rhawn.
V <
Cooke
No. 114 Soutk 3d
& Co.
Page, Richardson & Co
BOSTON,
liberal terms.
Joseph T. Bailey,
especial
( PITT
,
J
and
Banks
to
DIRECTORS:
FIRST
(H.C. FAHNESTOCK,
< EDWARD DODGE,
EDW.
.
Cor tier Wall and Nassau
Eastern Bankers.
services
its
Joseph P.
i
>
)
$500,000
Capital—
Bankers
COOKE,
WM. G. MOORHEAD,
H. D COOKE,
BANKERS AND BROKERS
Republic,
809 <fc 811 CHESTNUT
T. BROOKS
Co.,
H. Maury &
R.
National
BOB’!
JAS. L. MAURY.
H. MAURY.
Bankers and Brokers.
Bankers.
Southern
Southern Bankers.
Offers
NO. 76.
SATURDAY, DECEMBER 8, 1866.
VOL. 3.
‘
-
Orders for the purchase or sale of Government
Securities, Stocks, Bonds, and Gold,
promptly executed.
Interest allowed on Deposits, subject to cheques
at sight. , .
Special attention given to the Foreign Exchange
Business.
Given, Jone* & Co. are prepared to
draw Sterling Rills, at sight or sixty days, on
the Bank of Liverpool, in so ms to suit purchasers. >
The New Orleans House Will make
Collections in that City and at all accessible
points South, and remit pn
the day of payment.
We refer to Bank of America and National
Bank of State of New York, New York City, and
to aBy of the Kentncky Banks.
Winslow.
Edward P. Tebson.
Edward M. Tesson.
Tesson, Son & Go.,
Jacquelin & De Coppet,
NO. 26 NEW
Railroad Stocks,
bankKbs,
(No. 45 Second Street, corner of Pine), \ *
ST.
Bonds,
Gold, and
LOUIS, MO.,
-
Founded in 1847, under the Style oi
Tessen Sc Pahjen.* ?
•
*
J B. Chaffee, Pres.
H. J. Rogers,
FIRST
V.
'
J
RANH
U. ». j
$500,000
Paid 1r Capital•
iHWjOOO
Transact e
emmet ef
Blake and F, Sts, DENVER COLORADO.
-
I
i• *
"
•
• i
ON COMMISSION.
" Henry De Coppet,
Gelston & Bussing,
j- DESIGNATED DEPOSITORY or THE
*
*
JoAn H. Jacquelin. **
:
Of ^Denver,
Author IxedCapltal*?*
^
Government Securities,
BOUGHT AND SOU)
'
PresTTg&>. T. Cuu^'Cashier.
NATIONAL
STREET, N.Y.
BROKERS. IN
-
p
STOCK!, BONDS)
NO. 87 WALL
.
AND GOLD.
STREET, NEW YORK.
.
■
-
[December 8,1866,
THE CHRONICLE
706
-
-
-
■
-
-
■
—
Bankers and Brokers.
National Bank.
$5,000,000
Capital
NASSAU STREET,'N.
E. COR. PINE
All the Government Loan*
No. 5
Sherman & Co., New York;
Refer to Duncan,
Franklin Bank,
H. Maury & Co.,
Richmond, Va., Charles D. Carr & Co. Augusta, Ga.
best terms.
Jackson Brothers,
DEALERS IN
STOCKS, BONDS, GOLD, Sc
GOVERN¬
SECURITIES,
MENT
No. 19 Broad
Street, New York.
Winslow, Lanier & Co.,
WHEELOCK, President.
WILLIAM H. SANFORD, Cashier.
at Sc 29 Pine Street,
New York.
DRAW ON LONDON AND PARIS,
MOBILE AND
No. 240
BROADWAY.
1866, at the Planters’ and Mechanics’ Bank,
Issue Circular Letters of
Designated Depository of the Government Bank¬
Dealers'Accounts solicited.
D. L. ROSS, President
J. ri. Stout, Cashier.
Resolved,
BANK.
BROADWAY, NEW YORK.
NATIONAL
able in all
Interest
Resolved, That we proceed to the election of a
Board of Trustees for the Savannah and Charleston
Railroad
Company, now organized, to consist of five
members.
foregoing resolution, the following
gentlemen were appointed Trustees of the
Company: George W. W illiams, Esq.; J. Reid
Boylston, Esq., William S. Hastie, Esq., Johns.
Ryan, Esq., of Charleston; and Dr. F. T. Willis,* of
Savannah, Ga.
On motion the meeting adjourned.
Credit for Travellers, avail¬
parts of Europe.
Allowed on Deposits.
C.
POWELL, GREEN Sc CO.
& Commission
Bankers
88
Pott, Davidson & Jones,
MERCHANTS,
BROAD STREET, NEW YORK.
Stocks, Bonds and Governments bought
exclusively on Commission.
and sold
(Messrs. Brown Bros. & Co.’s new building),
59 & 61 WALL STREET, NEW YORK.
Buy and sell Stocks, Bonds, Gold and
Gorernment Securities.
Accounts of
OF
OFFICE:
Corner
Heath &
B. C. Morris &
GOLD, RAILROAD & MINING STOCK BROKERS
13 Broad
Son,
Securities,
Railways,
Deposits received, subject to Check, and
Drake
T. W. B. HUGHES.
Brothers,
STOCK BROKERS AND BANKERS,
NO. 16 BROAD STREET, NEW YORK,
Dividends and Inte rest collected and Invest¬
ments made.
Petroleum,
Orders Promptly Executed.
Albert H.
different Stock Boards.
STOCK
Nicolay,
AUCTIONEER,
AND BROKER,
Collections made In all tlte States and
Canadas.
BANKER
NO. 48 PINE STREET, NEW YORK,
For the more thorough protection of all—both
Broker and “ Principal ”—our business will be con¬
ducted entirely on the basis of Certified Checks
none given or received unless certified.
To more fully enable us to carry out this principle,
(Established 15 years.)
Government Securities, Gold, City, County and
State Bonds, Insurance, Bank, Railroad, Gas-light,
Telegraph, Express, Mining and Petroleum Stocks
and Bonds, Ac., Ac., bought and sold at all the
Stock Boards, at Private Sale and Public Auction,
No Stocks
purchased or sold
‘‘dpi ion.”
lor
on
th above requirements
prompt attention.
will receive special
on
commission.
\£T A large variety of Securities, always en
hand for sale, at the lowest rates for Investmonts.
issues Life Endowment and Paid-
Policies, in various fohns, and at rates as favor¬
as
is consistent with security.
DIVIDENDS, ANNUAL AND IN CASH, which
be used In payment of Premiums, or on PaidPolicies, as an ANNUAL CASH INCOME TO
may
up
THE ASSURED.
Attention is called to the
INSTALMENT
FEATURE,
securing to the beneficiaries Annuities for any num¬
ber of years after the death of the assured.
RICHARD A. McCURDY, Vice-Pres’t
SHEPPARD HOMANS, Actuary.
ISAAC ABB ATT,
JOHN M.
f Secretaries.
STUA&T,
P.
P-
Oldershaw,
ACCOUNTANT,
62
BROAD
STREET, NEW
ana
References
STEWART BROWN,
Schuyler Skaats BROKERS,
& Bros.,
BANKERS A STOCK
Have removed to
Sosaim Sxaats,
Adjusted.
:
C. S. BODLEY,
S. L. M. BARLOW,
DAVID WALLACE,
C. H. HARNEY,
McANDREW & WANN.
E. S. Thackston,
REM OV A L.
19 Broad Street Sc 57 Exchange
YORK,
Books Examined. Accounts
*
*
Out-of-town orders solicited, and those complying
w
This Company
up
or
Mining, Insurance Stocks and Scrip Miscellaneous
shares of a 1 descriptions, bought and sold at the
ble amount at time of leaving order. Receipts
such deposits given until stocks are delivered.
$I7>3*6>OOI 83*
Interest
allowed.
-
Draft.
although starting with a sufficient capital, all parties
giving orders for stocks, of whatever description or
amount, will be required to cover same with proba¬
1, 1866,
Street, New York.
Bny and Sell on Commission Government Securi¬
ties, Gold, Railroad, Bank and State Stocks and
Bonds, Steamship, Telegraph, Express, Coal, Petro¬
leum and Mining Stocks.
Currency and Gold received on deposit subject to
STOCK COMMISSION HOUSE,
NO. 17 WILLIAM STREET.
Government
Cash Assets November
able
Bought and Sold on Commission.
Orders Promptly Executed.
WINSTON, President.
DEALERS IN GOVERNMENT SECURITIES,
Member of N.Y. Stock Ex.
Bonds, and Gold
Liberty Street.
Hughes,
BANKERS,
BANKERS AND BROKERS,
Government Securities, Stocks,
Broadway Sc
E. S.
A. HAWLEY HEATH.
STREET, NEW YORK.
NEW YORK.
Interest allowed on depos¬
its, subject to check at sight. Telegraphic quota¬
tions famished to correspondents.
References: James Brown, Esq., of Messrs.
Brown Brothers & Co.: John Q. Jones, Esq., Pres¬
ident of the Chemical National Bank; James H.
Banker, Esq., Vice-President of the Bank of New
BANKERS AND COMMISSION
NO. 85 BROAD
Company
Banks, Bankers, and Merchants receiv¬
ed on favorable terms.
Wilson, Callaway & Co.,
John Bryan & Co.,
Mutual
Life Insurance
York N. B. A.
MERCHANTS,
No. 44 Broad Street, N. Y.
Government Securities, Stocks, Bonds, and Gold
bought and sold on the most liberal terms. Mer¬
chants, bankers, and others allowed 4 per cent on
deposits. The most liberal advances made on Cot¬
ton, Tobacco, <fcc., consigned to ourselves or to our
correspondents, Messrs. J. K. GILLLAT A CO., of
Liverpool.
HASTIE, Chairman.
FORD, Secretary.
The
BANKERS AND BROKERS,
RICHARD BERRY. President.
ANTHONY HALSEY, Cashier.
Committee purchased the
Railroad, now organise
Company, to be called the Savan¬
nah and Charleston Railroad Company, and that the
capital stock of said Company be one million of dol¬
lars, divided into ten thousand shares of one hund¬
J. DRAYTON
ftOi’O.OO.
400, OOt
CAPITAL
SURPLUS
mo¬
1'hat the Bondholders who have signed
the authority by which the
Charleston and Savannah
WM. S.
291
when, on
benefit of this class of Bondholders,
tion, it was
named
ers’ and
The Tradesmens
the Com¬
previously appointed reported that they had
purchased at the public sale on the 20th inst. from
the Trustees of that Company the Charleston and
Savannah Railroad and all its appurtenances for the
mittee
Under the
NEW ORLEANS.
$1,000,00 0.
Capital
meeting of the Second Lien First Mortgage
Bondholders of the Charleston and Savannah Rail¬
road Company, held at Charleston, November 28,
red dollars each.
BANKERS,
and Canadas.
WILLIAM A.
Tenth National Bank.
At a
Company.
themselves into a
of Government Bonds—
City and Country accounts received on terms mes
favorable to our Correspondents.
Collections made in all parts of the United Stata
Railroad
DEALERS
IN FOREIGN A DOMESTIC UXCHNGE, SPECIE,
BANK NOTES, STOCKS, AND BuNDS.
$3,000,000.
Has for sale all descriptions
Charleston, S. C.,
Drexel & Co., Philadelphia; The
end Johnston Bros., Baltimore; R.
BROADWAY.
Capital
Broad Street,
BANKERS Sc
Central National Bank,
318
Charleston & Savannah
STREET. Especial attention paid to Collections.
for sale.
Collections made for Dealers on
Miscellaneous.
Conner & Wilson,
Bankers and Brokers.
Fourth
==—=*=
=
=====
-
'■
-
■
Place.
Ba*VXtt91CSir Sxaatp,
\
Tobaeco, Note and Exchange
:
.
•
•,
No. 12 OLD SLIP, cob.
Broker.
..
WATER ST.
NEW TORE.
n
December
THE CHRONICLE.
8,1866.]
MORTGAGE
FIRST
OF
wi’uan fl
707
BONDS
Miscellaneous.
L.
P. Morton &
Co.,
TI1E
RANKERS,
CENTRAL PACIFIC RAILROAD CO.
SO Broad
i
•
.
OF
CALIFORNIA.
First
Street, New York.
Offer for Sale the
Mortgage Convertible Bonds
of the
Interest at the rate of Six per Cent, per annum, payable
Semi-Annually,
on
ST.
LOUIS, JACKSONVILLE
CAGO RAILROAD
the First days of January and July.
'
Prinoipal and Interest payable in U. S. Gold Coin in the
City of New York.
REDEEMABLE
IN
Issue, $7,335,000.
of Government Tax,
Payable semi-annually on 1st April and 1st
October, in New Yoi'k.
*
In Coupon Bonds of $1,000 each.
Limited to
The Bond* have Thirty Years to run, and are secured by a First Mort¬
age, constituting an absolute prior lien on that portion of the Road, Equip¬
ments, Franchises, and Entire Property of the Central Pacific Railroad
Company, located in the State of California, and extending* from Sacramento
City to the California State Line, forming a part of the GREAT PACIFIC
RA8LROAD ROUTE, adopted and aided by the UNITED STATES GOVERN¬
MENT.
The amount of these
First
Mortgage Bonds to be issued per mile,.is
limited by law to the amount of United States Bonds allowed and issued to
aid the construction of the Road, and the Mortgage by which they are se¬
cured is declared by Act of Congress to constitute a lien prior and superior
to
that
(in amount equal to this First Mort¬
gage) is economically and judiciously "applied to the construction and equipment
of the road, together with nearly $7,000,000, received from Stock Subscriptions
and other sources. The First Mortgage therefore amounts to but about 35 per
cent, of the actual cost and value of the Property which it covers.
The road is now completed, equipped and running from Sacramento City to
Alta, a distanoe of 73 miles, and the earnings tor the three months ending August
1st, were as follows, viz.:
$65,115 83
May, 1866
“
July
67,429 78
“
...
GOLD.
earnings are steadily increasing, and are estimated at over $100,000 in
gold for the month of August—the official report for that month not having been
The
received at this date.
The construction of the road is
going vigorously forward—24 miles additional
being nearly ready for the cars—and it will' probably be in full operation to
the
City—during the summer of
1867, when its earnings must be very large, as the entire trade of Nevada, and a
large proportion of that of Utah, Idaho, and Montana must pass over its line.
It has been shown by reliable statistics that in 1863 over $13,000,000 in Gold
was paid for freighting goods from California to Nevada alone.
This part of the Great Pacific Railroad Route is destined to be one of the most
profitable lines of railroad in the world, and its First Mortgage Bonds are among
California State Line—156 miles from Sacramento
the best secured and most desirable investments
ever
offered.
Over $1,000,000 has already been expended in grading
which the road is now running, and the iron is bought and
beyond the point to
paid for sufficient to
lay the track the entire distance to the State line.
The Road has been completed and equipped thus far without the sale of a single
dollar of its First Mortgage Bonds, and they are now offered to the public for the
first time, after the earnings of the Road have reached the sum of $.100,000 pei^
month in Gold, only about twenty-five per cent, of which is required for operating
expenses.
The Bonds
are
offered at 95 per cent,
and accrued interest from July 1st, in
be forwarded to us direct, or through the principal Banks
and Bankers in all parts of the country.
Remittances may be made in drafts on New York, or in Legal Tender Notes*
National Bank Notes, or other funds current in this city, and the Bonds will be
forwarded to any address by Express, free of charge. Inquiries for further par¬
ticulars, by mail or otherwise, will receive punctual attention.
Currency.
Orders
may
Fisk &
Hatch, Bankers,
Street, N. Y.
Securities received at the full market price in
No- 6 Nassau
ii
This Road is located in
—All kinds of Government
of the most
one
densely
The Company have completed and in
operation
ninety miles of road, and are constructing sixty
miles, which wUl be completed within twefre
months.
Under a perpetual agreement this line has been
connected with that of the Chicago and Alton Rail¬
road Company, thirty miles from St. Louis, and on
completion of the work now in progress will connect
with the same road one hundred and twenty-six
miles from Chicago. Under this agreement a bonus
of ten per cent, is paid to the St. Louis, Jackson¬
ville and Chicago Company, on all. traffic delivered to
the C hicago and Alton Company, and harmonious
action in conducting the traffic upon the two lines is
effectually secured.
FIRiST MORTGAGE BONDS
ST. PAUL AND PACIFIC kAILROAD COMPANY
of Minnesota. Interest at Seven per cent., semi¬
annually, first January and July, free from Gov¬
ernment Tax, in the City of New York.
Principal
payable in 1892.
The road runs through one of the beet portions of
the State, and has been completed to St. Cloud,
e
ghty miles, at an exoense of over $3,000,000.
THESE BONDS ARE ONLY $10,u00 PER MILE.
Government Bonds at the highest market price will
be received in payment. For particulars apply to
TURNER BROTHERS, Bankers.
Corner Nassau and Pine Sts., New York.
PER
SEVEN
CENT.
FIRST
/
MORT¬
GAGE BONDS
-OF THE
-
Missouri Railroad Company.
North
l
'
We offer for sale the Seven Per Cent. First Mort
gage Bonds of the North Missouri Railroad Com
pany, having thirty years to run. Coupons paya¬
ble in New York on January 1 and July 1, in eaoh
year.
Before accepting the agency for sale of these
bonds, we made careful inquiry into the condition
and prospects of the road, which was examined by
Mr. Wm, Milnor Roberts and others, on our behalf,
and their highly satisfactory report enables us to rej
commend the bonds as first-class securities, and
safe and judicious investment.
The proceeds of these bonda ($6,000,000 in &1I)1H-,
be used in extending a road, already completed 170
miles into North Missouri, to the Iowa State line,
where it is to connect with the railroads of Iowa,
and also westward to the junction with the Pacific
Railroad (at Leavenworth) and other railroads lead¬
ing up the Missouri River, so that the mortgage of
$5,000,000 will cover a complete and well-stocked
road of 889 miles in length, costing at least $10,000,000, with a net annual revenue after the first year
$1,500,000, or a sum nearly four times be
yond the amount needed to pay the interest on these
bonds, the income of the road of course increasing
of over
every year.
The Railroad connects
with its
est
sas
the great City of St. Louis
200,000 inhabitants, not only with the rich
portions of Missouri, but with the States of Kan
and Iowa and the great Pacific Railroads.
The flrsi
remainder
500,000 have been sold at 80 cents,^and the
offered at fc5 cents. At this rate
are now
they yield nearly 8# per cent, income, and add 80
per
cent, to principal at maturity.
Any further inquiries will be
office.
answered a on
JAY COOKE & CO.
United States Petroleum Company,
No. 38 Pine St., New York, Nov. 20, J866
1
f
NOTICE.—THE TRUSTEES OF THE
UNI lED STaTES PJH.TROLKUM COMPANY have
I HIS DAY declared a Dividend of TWO PerCent.
for the month of November inst., payable on and
after Saturday, December 1. The transfer books
will be closed on Monday, the 26ih inst, and reooened on Monday, December & By order,
•
y
P. G.
UNION
PENNING, secretary.
NAVIGATION CO., NO. 9
Street, New York, November
is hereby given that the Board of
Company have this day declared a
South William
23 1866.—Notice
Directors of this
quarterly dividend oi FIVE PER CENT-, payable
at the office of the Company on and after December
5th.
The transfer books will be closed Monday, the
24th instant, and remain closed until December 6th.
By ordea of the Board of Directors.
*
JOS. Bi CHAPMAN,
txchaage for tko above Bonds.
*900,OOO,
per mi'e.
populated and most highly productive sections of
85,000 00
IN
$15,000
OF THE
of the United States Ooverement.
The aid received from the Government
Jud©
1 89 4.
Interest Seven per cent., Free
PRESENT ISSUE OF BONDS
Amount of
dr CHI¬
CO.,
Secretary,
708
Bankers and
Brokers.
Bankers and
Whittingham,
W. H.
EXPRESS,
OTHER STOCKS.
Commission.
Quotations and sales li?ts furnished daily on
cation. Orders promptly executed.
appn
At
C. Graham,
A.
70
NEW YORK.
Days; also, Circular Notes
Letters of Credit for Traveler^ Use, on
Sight or Sixty
(58 Old Broad
STOCKS AND
8 BROAD
STREET, NEW YORK,
VARIETIES.
BANKERS,
ST., NEW YORK.
Orders for stocks, Bonds, and Gold Promptly exe¬
cuted. FOUR PER CENT. IN 1BREST ALLOWED
on deposits subject to check at sight.
LETTERS
For the use of Travelers abroad and in the United
States, available in all the principal citieB of the
Negotiate
NOTES.
Bonds
OF CREDIT,
world; also,
of Good Hope,
the United States.
and Loans for
Cars, etc.,
and undertake
all business
In Southern
New
STREET,
5 NEW
&
York.
Southern Collections.
Harrison, Garth
& Co.,
RANKERS,
NEW STREET, NEW YORK.
Goddiu A Apperson,
Harrison,
Bankers and
RICHMOND,
Collections made on
Keep constantly on
Locomotives,
Steel Ralls,
UNITED
connected with Railways.
Brownell & Bro.,
BROKERS,
STREET, NEW YORK.
RANKERS A
28 BROAD
Stocks, Bonds, Government
Securities, and Gold
Bought and Sold exclur-ively on commission.
Accounts of Banks, Bankers and Individuals
received on favorable terms.
References :
J. H. Fonda, Pres. Nat. Mech. Banking Ass. N.Y.
C. B. Blair, PreB’t. Merchants’ Nat. Bank, Chicago.
Drake Klein wort&Cohen
LIVERPOOL.
The subscriber, their representative ana Attorneys
in the United States, is prepared to make advances
on shipments to Messrs. Drake, Kleinwort & Cohen
London and Liverpool, and to grant mercantile
credits upon them for use in China, the East and
LONDON AND
Indies, South America, &c. Marginal credits
of the London House issued for the same purposes.
SIMON DE VISSER,
West
1st, 2d, A 3d series
Loan.
LIBERAL ADVANCES MADE ON GOVERN
MENT STOCKS TO BANKS AND BANKERS
New Y6rk State
Edey & Co.,
BANKERS A BROKERS,
HAVE REMOVED FROM NO. 30 TO
No. 36 Broad Street, Office No. 16.
DEALERS
IN
GOVERNMENT AND
OTHER SECURITIES.
deposits of Gold and Cur¬
rency, euoject to Check at Sight. Gold loaned to
Merchants and Bankers upon favorable terms.
69
Exchange Place, New
Compound Interest Notes of 1864
i860 Bought and Sold.
L. S.
Watkins,
BROAD STREET, NEW
York.
Taussig, Fisher
BANKERS AND
DEALERS IN
OTHER
Collections made in all parts of the
/ and British America.
United States
REMOVAL..
Bankers upon
favorable terms.
AMERICAN
NO. 7 RUE SCRIBE, PARIS
parts of Europe, etc.,
Jones &
etc. Also
Commission.
MOORE,
BANKERS,
No. 14
Wall Street, New
York.
D. C. & R. H.
DEALERS
BROKERS
'
In Foreign
Exchange, Bonds, Notes,
&cM See,
81
U.
IN
STREET,
FOURTH NATIONAL
UNDER THE
Buy
PINE
STREET,
Fisk,
SECURITIES;
S.
NO. 16 NASSAU
and Sell at
BANK,
Market Rates:
U. S. 6? of 1881.
U. S. 5-20 Bonds.
U. S: 10-40 Bonds.
U. S. 7-30 Treasury Notes.
U. S. Certificates of Indebtedness.
U. S. Compound Interest Notes.
And all classes of Government Securities.
Lawrence
Brothers
&
subject to check at sight.
John Cockle & Son,
24 Broad St.
orders for the' Purchase or
Federal, and Rail¬
And promptly exeente
Sale of Gold, State.
Bay and Sell at Market Rates Government Securi¬
ties, of all issnes, and exeente orders for the pur*
chase and sale of STOCKS, BONDS, and GOLD.
Interest allowed on deposits of Gold and Cur¬
BANKERS,
Co.,
BANKERS,
STREET, N. Y
NO. 16 WALL
GOVERNMENT SECURITIES,
rAND OTHER STOCKS, BONDS, &o.,
bought and sold on Commission for Cash Only.
.
Deposits received subject to check at sight, «
with Banks.
r
DEWITT C. LAWRENCE,
Member New York Stock Exchange.
*
NEW YORK.
References.—Moses Taylor: John Monroe A Co;
Make collections on favorable terms,
C. Savage, U.S. Appraiser; W. Cockle, Peoria, HI.;
And promptly execute orders for the Purchase or
Sals of Gold, State, Federal and Railroad Securities. Hon. F. E. Spinner, Treasurer U. S. Washington.^
and allow interest on daily balances,
subject to Sight Draft.
Make {Collections on favorable terms,.
Stocks, Ronds,
Gold, bought and sold on
COMMERCIAL PAPER AND LOANS OF GOLD
AND CURRENCY NEGOTIATED.
NOS. 12 NEW Sc 14 BROAD STREETS.
Gilliss, Harney & Co.,
Buy and Sell at Market Rates.
ALE UNITED STATES SECURITIES.
Solicit accounts from MERCHANTS, t ANKERS
tad others, and allow interest on daily balances,
•abject to Sight draft.
Solicit accounts
in a
Westervelt,
ADAMS, KIMBALL Sc
Market Rates,
STATES SECURITIES.
from MERCHANTS, BANKERS,
Buy and Sell at
BANKERS Sc BROKERS,
and
York.
ALL UNITED
Comrercial Credits
Government Securities,
BROKERS,
Broad Street, New
road Securities.
AND
No. 8 WALL STREET, NEW YORK,
Issue Circular Letters of Cred l tor Travelers
& Co.,
and others,
John Munroe Sc Co.,
BANKERS,
rency,
Have Removed to No.
& No. 6 WALL
SECURITIES.
Interest allowed upon deposits of Gold and Cur¬
rency, subject to Check at Sight. Gold loaned to
Merchants and
No. 32
STREET.
GOVERNMENT AND
No. 94 BROADWAY
YORK,
RANKER,
And Dealer In all Classes of Govern*
ment Securities and Gold.
A
YERMILYE Sc CO.
Co.,
Lockwood &
Interest allowed upon
NO. 11
7 per cent. Bounty
.
°
Barstow,
STOCKS
STATES
0 Per Cent Bonds of 1881,
6 Per Cent 5-20 Bonds of 1802,
0
- “
“
1864,
0
“
“
1865,
5 Per Cent 10-40 Bonds,
7 3-10 Per Cent Treasury Notes,
6 Per Cent Currency Certificates.
BANKERS.
J. L.
York.
hand forof
immediate delivery a
issues
INCLUDING
Brokers,
Southern points.
BANKERS.
Wall Street. New
No. 44
Railroad Co’s.
Co.,
&
Vermilye
VIRGINIA.
a1! accessible
COMMERCIAL CREDITS,
For use in Europe, east of the Cape
West Indies, South America, and
Jesup & Company,
Contract for
Iron or
AND CIRCULAR
CIRCULAR NOTES
RANKERS AND MERCHANTS,
84 BROADWAY.
BROKER,
Securities and Bank Bills.
BROADWAY
No. 18
E. Milnor,
STS.,
issue
AND
BANKER
80
M. K.
Q. Bell,
Edwin
RANKERS,
CORNER OF PINE AND NASSAU
H. Cbugeb Oaklet.
H. Burns,
Walter
BROKER.
BANK
SOUTHERN
Charles
Levi P. Morton,
& Co.,
Duncan, Sherman
Telegraphic orders executed for the Purchase and
Sale of Stocks and Bonds in London and New York.
Street,
RANKER AND STOCK
of
Europe and the
J. Van Schaick,
38 Broad
principal towns and cities
East.
Available in all the
No. 4 WALL
LONDON,
BANK OF
UNION
& Co.,
Warren, Kidder
SECURITIES,
GOVERNMENT
Street, London,)
AND THE
,
DEALER IN
Foreign and Domestic
Exchange,
Southern Bills on London and Paris,
Bill* on Memphis, New Orleans and Mobile.
BONDS
ON. COMMISSION,
BOUGHT AND SOLD
ALL
"
STREET.
BROADWAY A 18 NEW
and
BURNS A CO.,
MORTON,
L. P.
BROKER,
BANKER AND
& Co.,
Satterlee
EXCHANGE
STERLING
AND GOLD
RONDS
Bought and Sold on
BROAD STREET,
30
AND ALL
Sc Co.,
BANKERS,
MINING,
TELEGRAPH,
RAILROAD,
Brokers.
Bankers and
Brokers.
L. P. Morton
Broad Street,
No. 8
[December 8,1866.
CHRONICLE.
THE
CYRUS J. LAWRENCE,
JOHN R. CECIL,
-late Butter,
WM. A.
fULSim
Cecil, Rawson A •*
n'HB
gSanto’ teeth, (Kuramemat limes, Railway
A
Poaitse, and Insurance journal
WEEKLY NEWSPAPER,
REPRESENTING THE INDUSTRIAL AND
COMMERCIAL INTERESTS OF THE UNITED STATES.
SATURDAY, DECEMBER 8,
VOL. 3,
*
1866.
NO. 76.
for the four subsequent months
main point of Mr. McCulloch’s
THE CHRONICLE.
report, so far as it refers to the years 1865-6, we published
The Financial Year
7^9
News
713 with our comments a few weeks
ago, from an abstract of the
Duties on Wool
710 j Department Reports
718
The Piers of New York
711 ! Latest Monetary and Commercial
official figures obtained from Washington. We have only to
| English News
723
Commercial and Miscellaneous
THE BANKERS’ GAZETTE AND COMMERCIAL TIMES.
add to what was then said, that the report fully confirms the
729
Cotton
Money Market. Railway Stocks,
730 impression which was formed of it in anticipation.
Tobacco
The whole
U. S. Securities, Gold Market,
Breadstofis
731
Foreign Exchange, New York
nation has a right, we think, to express gratification at the
Groceries.,
732
City Banks. Philadelphia Banks
733
National Banks, etc
724 Dry Goods
734 financial strength and skill which has been elicited during the
sale Prices N.Y. Stock Exchange
727 Imports
Prices Carrent and Tone of the
Commercial Epitome
728
Market
735-86 greatest and most costly struggle that history records—a war
past fiscal year, as well as
ending 31st of October. The
the
CONTENT8.
....
THE RAILWAY MONITOR
737
Railway News
Railroad, Canal, and Miscellaneops Bond List
738-39
monetary resources were put to a severer
I Railway, Canal, etc., Stock List. 740 than any modern nation was ever called to bear.
Insnranee and Mining Journal... 741
| Advertisements
705-08, 742-744
For how do we stand at its close? Let us glance
in which
AND INSURANCE JOURNAL.
our
moment at our
debt,
our
tax and our currency.
strain
for
a
The lowest
CljronicU.
point at which we estimated a year ago that the National
It has never
Commercial and Financial Chronicle is issued every Satur¬ debt would be arrested was 3,000 millions.
day morning by the publishers of Hum’s Merchants’ Magazine, reached 2,800 millions.
Our taxes have been productive
urith the latest news by mail and telegraph up to midnight
of Friday. A Daily Bulletin is issued every morning with all beyond anticipation, and yielded last year a larger sum than
?he Commercial and Financial news of the previous day up to even England or France have raised in the same time.
So
the hour of publication.
overflowing is our exchequer that we have actually paid off*
206 millions of our debt, and in 14 months we have re¬
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE.
The
*.
The Daiit
duced its aggregate
m&ilod to all
$12 00 gust, 1865, when it
without. The Daily
Commercial and Financial Chronicle, with
Bulletin, delivered by carriers to city subscribers, ana
others, (exclusive of
postage)
The Commercial and Financial
Bulletin, (exclusive of postage)
Chronicle,
For The Daily Bulletin, reithout The
Chronicle, (exclusiveof postage)
Commercial and Finanoiai
10 °0
5 00
Canvassing Agents have no authority to collect money.
Postage ps paid by subscribers at their own post-office. It is, on the Chroni¬
cle, 20 cents per year, and on the Daily Bulletin $120 in advance.
WILLIAM B. DANA & OO, Publishers,
60 William Street, New York.
Files for holding
Price $1 50.
the Chronicle or
touched its highest point, to 2,551millions
when it is at its lowest.
.
As to our currency, there is reason for similar satisfaction
with what has been done.
We well remember the lugub¬
now,
rious
the
eight extra pages in the present
Chronicle. This addition enables us to
Our readers will find
publish in full this morning the Reports of the Secretary of
Treasury and the Comptroller of the Currency, without
encroaching upon the other departments of the paper. We
are sensible of the cordial appreciation which has ensured
the
the Chronicle, and respond to it by
sparing neither expense nor effort in supplying a complete
commercial and financial record for present use and future
such
of Au¬
prophecies which declared and repeated that our paper
values were all unreal, that the edifice of our national wealth
was unsound, and would suddenly crumble to dust and pass
Bulletin can be had at this Office. away when we least expected it. Our paper currency was
to depreciate, and our greenbacks to become as worthless as
CHRONICLE SUPPLEMENT.
number of the
from 2,757 millions at the end
great success to
reference.
assignats or the
continental shin-plasters.
How oppo¬
During
the past year it is computed that we have added to our Na¬
tional stores of material riches an aggregate of no less than
6,000 millions of dollars.
*
Moreover, our currency is appreciating.
We have made
steady progress towards specie payments.
It is true the
progress has been slow, but it has been safe. And, what is
of the very highest moment, it has been made without a panic
in business, or oppression and suffering among the people.
How much the volume of the currency has been lessened in
th9 last twelve months may be seen by comparing the fig¬
given in Mr. McCulloch’s report last year with those
he gives now.
On the 31st October, 1865, the currency
amounted to $929,757,080. This aggregate was distributed
follows: Greenbacks and fractional currency $454,218,038, National and State bank no*®* $270,000,000, interest
site and how
satisfactory have been the real
facts.
a
ures
THE FINANCIAL YEAR.
Treasury which,
been presented to as
Congress, offers in an official and compendious form such a mul¬
titude of important facts that we publish to-day a double sheet, bearing notes $205,549,042.
At present the outstanding currenoy is reduced to $885,in order to give these papers to our readers for permanent future
reference,. We have here the halance sheet of the nation for 295,935, which, as will be seen by the official tables, is disThe annual report of the Secretary of (he
with the accompanying documents, has just
1
[December 8,1866.
THE CHRONICLE
710
=
tributed
follows:
as
$417,783,795; National and State bank notes, $320,000,000;
interest-bearing legal tenders, $148,512,140..
We have been thus
because this
details,
are making
particular in specifying the
safe conservative progress
which we
specie payments has been much underestimated. It
that the volume of our paper money has been
reduced 44 millions within twelve months.
But this is not
all. The compound interest legal tenders have virtually
ceased to act as money. The only monetary function they
perform now is that they are held by the banks as part of
their legal reserve, and even this function they w ill probably
not retain very long, as Mr. HooperV bill, if it passes Con¬
towards
will be
DUTIES ON WOOL.
Greenbacks and fractional currency,
seen
In
an
published not long since, we exhibited the
had always attended the efforts of our wool-
article
failure which
we
prices for their staples, by a system
The statistics we then gave were
practical evidence to the truth of the theory so generally re-,
cognized in Europe that high import duties on the foreign
staple were always prejudicial to the interests of the local
wool-grower. Since then we have further confirmation of
the views then presented in the gloomy accounts which are
coming in on all sides from wroolen manufacturers. Many
have entirely stopped their looms, while those who continue,
do so on half or three-quarters time only.
In fact, so great
prostration has not been known since the financial crisis of
growers to obtain higher
of protective legislation.
will prohibit it. The extent of reduction which the
*
currency will sustain when the 148 millions of these com. 1857.
We have now before us a pertinent appendix to this state
pound notes shall finally cease to act as money is variously
estimated. But it must not be forgotten in our calculations of affairs, in the shape of a series of resolutions passed by
relative to the contraction movement as it is now going on. by the National Wool-growers Association on the 14th of
Naturally dissatisfied with the present condi¬
But we do not wish to pursue this argument further. last month.
Enough has been said to show that whether we regard our tion of their staple, they look for relief in an extension of the
national debt, our taxes, or our currency, there is abundant system which has, in great measure, brought abou'; the very
troubles of which they complain. They demand the passage
reason for every patriotic citizen to be thankful to that bene¬
ficent Providence to wrhom is due the honor of alJ our pro¬ of the new Tariff Bill, now before the Senate, which increases
the duty upon foreign wool to about 70 per cent.
We have
gress and of all our achievements.
From what has been said it will be sufficiently evident already referred to the low prices ruling in this country for
that we do not agree with Mr. McCulloch in some of his domestic wool under former high tariffs, and showred how
views.
We do heartily assent, however, to the remedies he immediately a decline in prices followed such increased tariff.
recommends to Congress relative to the financial evils which But cur wool-growers appear to insist upon a further trial of
gress,
expedient; and it may be well, therefore, for us to look
galling for the moment is taxation.
experience of other countries, where wool-growing and
wool-consuming are important interests.'
Our taxes have been laid without much regard to any
Theories similar to those now held by our wool-growers
other rule than that of necessity.
We had to raise a
threaten
the
us.
Of these evils the most
to the
large revenue, and we were tempted to take it where prevailed in England until 1842, when Sir Robert Peel pro¬
we could the most
easily find it. The consequence has posed and carried “free wool’ without.opposition. Manu¬
Domestic wool ad¬
been that we have dried up and trampled out many fertile facturers and farmers alike applauded.
This must be corrected. A vanced and sold freely, owing to the great stimulus which
sources of national "wealth.
second trouble is that our internal revenue taxes, many production received from Peel’s measure; but this was only
of them, do not pay the cost of collection. Look, for example, after long trial of the other system.
From 1803 to 1818
at the multitude of irritating taxes included in Schedule the duty was about Id. per * pound;
the importations
A. Last year how much did this host of offensive inquisi¬ averaged about eight million pounds per annum, while
torial imports bring into the Treasury l
They yielded no the price of South Devon clothing wool ruled in the neigh¬
borhood of 2s. In 1819, however, the almost prohibitory
more than, $1,692,791—a sum not so large as Mr. McCul¬
popularly reported to have sacrificed by his manipu¬
lations of the gold market.
These taxes, and all such un¬
productive exactions, should be sw7ept at once from the
statute-books. Again, there are a number of taxes which
take out of the pockets of the people many times the amount
they bring into the coffers of the Government. And a still
larger number of duties offer a premium to perjury or
check the growth of individual and national wealth, or re¬
strict new inventions and improvements in processes of
manufacture. It must be observed, however, that the most
noisy and unfortunate of bad taxes are not always the worst.
There are some very mischievous and exhausting taxes
which cannot find a voice until the time for reform is almost
loch is
gone.
In Mr.
McCulloch’s recommendations relative to
traction of the volume of the circulating money we
duty of 6d. per pound was levied, the sole object of which
was to add, as wras imagined, to the revenue of the landed
large wool-growers, the business being
The effect was immediate upon the ar¬
ticle so “ protected.”
It declined 6d. per pound, and ruled
steadily at the decline, say at about Is. 6d. per pound, until
1825, when the duty was again put at a penny. Nor did the
high duty arrest the importation; it steadily increased, and
reached in 1824 twenty-two million pounds. But to avoid
details, it is sufficient to state that from 1820 to 1840, when
wool was protected in England, prices ruled 50 per cent.
lower than during the succeeding twenty years of free wool,
say from 1840 to 1860; and the following table, which
comes nearer to our own time, shows the beneficial develop¬
aristocracy, who were
one of much profit.
the con¬ ment of the trade under the present system. It covers the
heartily price of English combing wool and the importations offoreign
coincide, and his remarks relative to the redemption of Na¬ during the past nine years :
Price.
Imports.
tional Bank notes constitute one of the ablest and most ex¬ Year.
99,300,446
13#d.
1856
.
...
Year.
1860
1861
1862
1863
1864
Price.
..
21d.
Imports.
128,663,127
144,212,842
165,542,492
177,377,664
206,473,045
99,263,001
19
21^
been written on the subject. 1856
113,195,724
14X
1857
23X
109,518,382
19
His plan for the issue of bonds, the principal and interest of 1858
28
116,655,797
19
1859
which shall be payable in Europe, does not appear to us
In France the same efforts were made, followed* by pre¬
practicable. If there were no other objections against the cisely similar results. In 1820 the Government of the Re¬
plan, it would be sufficiently impeded by the conviction storation became seized with the idea of building up a French
which seems to prevail almost universally, that such an issue
landed aristocracy, in imitation of that of England. To ac
would be as inimical to the interests of the United States as
complish this, laws were passed “ to increase the value of
it is contralto established policy and to former precedents.
haustive
arguments that has
....
....
....
■
....
..
..
..
December 8,
711
THE CHRONICLE.
1866.]
produce of the soil.” In accordance with this policy,
foreign wool was heavily taxed by different measures, until
in 1826 the duty stood at 33 per cent., and so remained for
the
of tons,
the principal part of which is sent to
foreign countries.
other parts of the
Union and to
following exhibit will give a correct idea of the volume
foreign trade. The valuation of imports received here, as
The
of
the profound consternation of the authors
made at the Custom House, for the last five years, amounted
result aimed at failed to be attained.
in 1861 to $214,197,866; in 1862 to $174,652,317 ; in 1863
Domestic wool decreased in value. A memorandum drawn
to $187,614,577; in 1864 to $218,125,760, and in 1865 to
up with great care by a Mr. Seydoux, a recognized authority,
stated the matter in this wise: “ Domestic wool, instead of $224,742,419. Our exports for the same year amounted in
1861 to $145,683,451
in 1862 to $142,931,151 ; in 1863 to
increasing in value with the tariff, has followed the inverse
;
$220,465,034 ; in 1865 to $208,progression. After striking the great blow of 1826 (increas¬ $216,371,843 in 1864 to
ing the duty) the parties interested expected a great rise in 630,282.
For the nine months of the present year, ending on the
wool.
Profound error! Prom 1826 to 1832 the average
30th of September, the imports amounted to $235,738,667 ;
prices of our wools were 50 per cent, below those of 1819
to 1826.”
Nor did these excessive duties check the impor¬ and the exports to 6198,285,000. A comparison of statistics
shows that New York actually receives more than three-fourths
tation of foreign wool.
On the contrary, it continued to in¬
crease, until in 1835 it had reached 3,520,000 lbs.
In that of the total imports of the country, and that more than halt
of all our exports are shipped from this port alone; while a
year the duty was reduced from 33 to 22 per cent.; and do¬
mestic wool immediately improved.
Prices from 1835 to similar proportion of the domestic trade of the country is also
carried on here.
The accommodation of traffic is therefore
1841, when the duty was again reduced, kept six to eight per
cent, above the preceding period.
This reduction of duty vital to the best interests of the whole country, and demands
the first care of the Legislature.
Neglect in this particular
continued, until in 1856, it stood at five centimes the killowill tend to drive trade elsewhere, and compel the establish¬
gramme, or say half a cent, per pound on common unwashed
nine years. But to
of the measure, the
wool; and ten centimes, or say one cent per
We believe
.
no
pound on fine.
our
ment of
another centre for commerce.
Yet, in the face of these facts, the piers and wharves
cannot forbear submitting to our New York have been suffered to go to ruin to an extent
alteration has since been made.
In this connection we
of
al¬
surpassing belief. Attention has been repeatedly called
wool-growers, an extract from testimony given on this1’ sub¬
to the fact, but has thus far resulted only in disclosures, with¬
ject in France during the time we have been citing. It ex¬
out the adoption of any proposition for remedy.
In March,
actly expresses our own condition to-day. “ The home pro¬
duction is not sufficient for the daily increasing wants of our 1863, a committee of the Board of Aldermen of this city made
a report on the subject, in which is the following declaration :
manufacturers, nor does it afford the requisite varieties.
The city of New York, the first in the Western hemisphere, the
Every check thrown in the way of industry diminishes its third in the civilized world in the point of population and wealth, and
activity.
As soon as our manufacturers cannot procure possessed of commercial advantages, as a city, far superior to any in
either hemisphere, is not in /possession of a single wharf or pier that is
foreign wool they decrease their production, because they not built of wood in the most imperfect manner—mere temporary struccannot find at home the required qualities ; and the French tures, and every one of them a positive detriment to the navigation of
the waters of the surrounding rivers, and likely to result in the destruc¬
wool, which they would have used to mix with the other, tion of the unrivalled natural facilities of the harbor.”
most
“
lies about in the
markets.”
made
be adduced, and which they
than any theories which may
but go to illustrate.
of the
Whole number of piers
heads
Number in good order
“
in fair order
THE PIERS OF NEW YORK.
“
importance to the countjy at large, and especially to
State, of the commerce of this port, is universally known
The
this
The
and felt.
Commissioners of Pilots of New York,
December 20, 1864, makes the following enumeration
piers and wharves, and their actual condition :
report to the
A
the practical mind
Facts like these serve more to convince
general tendency of trade hither has been
“
inquiry whether it is not necessary to perfect and extend
them for its accommodation.
Si
The
receipts in tons, at the port of New York, of the
produce, via the Erie Canal, for the last year, was
articles of
as
follows:
Tone.
Flour..
Wheat.
Maize..
Bariev.
Malt...
-
staple
Tons.
|
99,372 1 Oats...
.296,218 Rye...
...
.
...217,000 Butter....
33,800 Lard
1,362 Cheese
Wool
.
.
.
...
.
.
...
87,000 1 Pork
..
10,000 j Bacon..
•..
In these few articles we have a
Tone.
920
1,001
8,809
342
636
total sent to New York, by
alone, of 1,226,120 tons, not including the numberless
other articles, nor a vast tonnage by sloops, barges, etc., from
river
*...
with holes in
they
loads of
ing
152
5
Number
u
planking.
“
101
40
Since that time several of
that
Number need
- 4
’ 5
;
dirty
steady for mauy years, and the magnitude of that trade has be¬
purposes
come such as to tax our facilities, and make it a matter of
grave
and bulk-
“
patches in plank¬
piers partly settled
need entire rebuilding.,
need partial rebuilding..
need
general repair—
the piers have partly
fallen,
66
26
17
22
22
so
Two have given way with
merchandise on them ; and very few are fit for the
for which they were built. The system is one which
are
rendered! useless.
when New York was a
to the present time. The
detentions to vessels are long and mischievous. Ships are de¬
tained many days before they can discharge their cargoes;
there are no warehouses where goods may be loaded and
transhipped without leaving the pier ; it is necessary to re¬
move everything by carts; meanwhile river thieves have an
ample field for remuneratively plying their vocation.
The corporation of New York owns sixty-four of these
wharves andvpiers and one side of thirty-seven more. There
are also twrenty-six ferry slips.
The remainder are owned by
individuals and corporations. These questions of ownership
have been allowed to obstruct legislation and other action, till
the necessity for positive measures has become imperative and
answered very well many years ago,
small place; but is not at all adapted
Albany and other places. But in addition to these shipments
inevitable.
by river are the receipts by the different railroads, amounting
As before stated, the continuance of trade at this port de¬
in ftjund figures to about 800,000 tons by the Central Rail¬
road of New Jersey, 900,000 tons by the New York and Erie pends upon having a suitable system of docks and warehouses,
for it is as impossible to secure or retain commercial power
Railroad, and 250,000 tons by the Hudson River and Harlem
without them as for merchants to obtain and carry on business
Railroads, a large portion of which is distributed by water
without stores or offices. Other nations have long been awake
over the country.
Besides these also are the cotton, tobacco,
to this subject.
The French Government, in 1784, expended
rice, sugar, and other products received bv way of the Atlantic
fifteen millions of dollars for 6uch structures at the single port
seaboard—making an aggregate of about four or five millions
^
[December 8,1866.
THE CHRONICLE.
712
In our report of the dry-good* trade will be found the importifCf dry
Cherbourg, and Napoleon III. has since expended money goods for one week later.
without stint for their repair and enlargement. England also
The following is a statement of the exports (exclusive of specie) from
found it necessary to take action in the matter during the lat¬ the port of New York to foreign ports, for the week ending Dec. 3 :
EXPORTS FROM NEW YORK FOB THE WEEK.
ter years of the eighteenth century, and an act of Parliament
1863.
1864.
1865.
1866.
took control of the river fronts of London, for the purpose of For the week
$3,505,610
$1,880,303
18,840,220
$3,480,885
of
securing the establishment of a more perfect system. Objec¬
tions were made that were apparently unanswerable: the
pleas were interposed that personal and municipal rights
would be sacrificed; and it was shown that thedocal authori¬
ties had the necessary powers for the construction of the pro¬
posed new works. But the requirements of public necessity
transcended the apparent importance of the arguments made
by the authorities and citizens of London ; and the leading
statesmen of the United Kingdom were compelled to adopt
the new policy. Since that time the expenditure of Great
Britain for her docks has exceeded two hundred millions of
dollars. The benefits which have been thus secured are be¬
-
yond computation.
We evidently need similar measures at the port of New
York. The Legislature should hesitate no longer.
Some
claim that the matter is clearly within the province of Congress,
and longer delay on our part will be likely to attract the at¬
Here the principal rev¬
tention of the General Government.
enues from customs are collected, and it is the wisest policy,
accordingly, to adopt measures for its increase. A more per¬
fect system of wharves, piers and warehouses would effect this
beyond peradventure; it is claimed that the powers conferred
by the Federal Constitution for the regulation of commerce
embrace the conferment of authority for establishing new sys¬
tems and structures.
We deprecate any such action on the
part of the National Government, and would obviate its like¬
lihood by doing for our commerce what the interests of our
citizens so evidently demands.
The prosperity of this port being then dependent vitally
upon a perfect system of piers and w harves, it is sheer folly
to make them dependent upon the fiscal management of the
city. Whether they yield any revenue at all is a matter of
secondary consideration. Accommodation for our traffic is
to be secured first of all.
We want a plan which shall en¬
sure us piers capable of accommodating a commerce of at
least five times the volume of the trade which we now enjoy,
with docks and wharves affording the most ample facilities
for lading and unlading.
A plan which would effectually
supersede the necessity of warehouses at a distance from the
shore, and at the same time facilitate the landing and transhipment of goods, add to the dispatch of trade, protect from
the risk of fires by tha adoption of metallic structures, do
away with river thieves, as well as a large part of the ex
pense of cartage, would go very far toward quadrupling or
quintupling the business of this port and its capacity for
commercial purposes.
The Senate of the State has
already given attention to the
171,903,037
Since January 1
$160,390,899 $198,503,869 $160,805,868 $175,383,922
In the commercial department will be found the official detailed
statement of the imports and exports for the week.
The value of exports from this port to different countries (exclusive
of specie) for the past week, and since July 1, is shown in the follow¬
156,886,289
Previously reported
ing table:
France
Holland &
July 1,1866
$2,249,618 $34,995,264
27,979
812,706
3,512,723
2,107.750
4,815,397
31,484
83%580
3,298,444
18,666
1,434,876
116,907
Germany...
199,583
Other N.Europe
Spain
Other S. Europe
East Indies
China
Australia
Br.N A Colonies
The
‘
This
Since
This
Belg.
156,965,648
‘
~
week.
To
Great Britain...
196,623,566
6,750
l,(»lr»,983
37,647
68,667
Since
July 1.
$3,684,372
week.
To
Cuba
$138,759
Hayti
47,521
90,015
Other W. I
Mexico
New Granada...
.'28,293
3,169,597
870,311
1,944,513
348,390
451,481
1,450,837
1,393,319
839,752
58,869
87,974
31,296
22,682
Venezuela
Br. Guiana
Brazil
Other S. A. ports
All other ports.
i(U54
283,602
2,290,875
following will show the exports of
ending Dec. 1, 1866 :
specie from the port of New
York for the week
Nov. 28—St’m’r Persia,
“
$75,777
Gold bars
Liv’l—
Spanish doubloons. $147,988 Nov. 30—Steamer City of Washington,
LiverpoolGold bars
70,000
Gold bars
126,685
Mexican gold
30.000 Nev. 30—S. Teutonia, Hamburg30—Steam. Ville de Paris, Havre
Foreign silver
513
Spanish doubloons. . 48,200
Silver & gold bars.
87,044
“
“
Total for the week
636,571
,49,864
Previously reported
57,981,877
30—S. Bremen, Bremen—
“
....
“
1,000
German silver
For Southampton—
Same time in
1865
1864
1863
1862
1861
1860
1869
Treasure
$27,314,593
45,546,385
42,424,162
65,763,909
3,343,237
42,046,8-6
67,804,733
from
Total since Jan.
Same time in
1868
1,1866
58,568,448
$24,191,786
38,299,187
35,826,454
26,579,877
37,082,081
23,638,008
23,776,661
1857
1856
1856
1854
1863
1852
California.—The steamship Arizona from Aspin-
wall, Nov. 24, arrived at this port Dec. 2.
The following is her treasure
list:
FROM SAN FRANCISCO.
Duncan, Sherman & Co....
Third National Bank, N. Y.
T. & W. Seligman & Co....
Panama Railroad Co
W. Schall&Co
$32,224 87
Eugene Kelly & Co
Wells, Fargo & Co.
Lees & Waller
D. H. Temple
58,500 00 j
106,125 12 j
7,061 76
$201,500 00
26,000 00
Schepeler & Co
74,700 00 F. Probst & Co
25,899 51
67,084 27
700 00
v
100 00
500,000 00
Order
$1,127,856 03
Total
FROM A8PINWALL.
Bishop & Co
$820 00 |
Wells, Fargo & Co
685 00 •
Muller & Houghton.
700 00 j
Total tiom both sources
James
$3,943 00
$6,148 00
$1,134,033 03
Ribon & Munoz
Total
'_^„
The
beeu
as
receipts of treasure from
follows
California since January 1, 1866, have
/
:
To date.
Steamship. At date.
b92,365
$685,6ie Juue20.Arizona
1,485,314 July 2.N. Light... .1,617,899
2,430,198 July 9.Ncw York..1,429,833
3,879,266 July 21 .Arizona... .2,051,456
5,088,319 July 31 .H.Chaunceyl,655,481
6,567,602 Aug.21.Nor. Light.3,091,601
Mar.12.New York. .1,425,553 7,983,155 Aug.31.Arizona/...1,386,058
Mar.23.Arizona
389,837 8,372,992 Sept, 9.H. Chaun’y. 1,669,359
Mar.31.H.Chauncey 673,615 9,046,607 Sept 19.New York. .1,215,073
Oct. *1.Arizona ....1,109,537
Apr. 9.New York.. 729,862 9,776,469 Oct.
12.H. Chaun’y.1,136,093
Apr.20.Arizona .... 809,459 10,585,901 Oct. 20.Oc’n
Queen.1,428,703
May 1.Costa Rica.,1,318,271 11,904,199 Oct. 31.Arizona....
1,228,869
May 9.New York...1,072.820 12,977,019
Nov.
May 21 .Arizona... .1,276,505 14,253,524 Nov. 9.HChauncey 555,776
20.Oc’nQueenl,113,615
May 31. Costa Rica. 324,552 14,578,077
tp.
To date.
j
Date.
16,420,346
Jan. 12.New York ..$685,610
Jan. 19.H.Channcey 799,706
Feb. 1.Atlantic.... 944,878
Feb. 9. New York. .1,449,074
Feb.21 .H.Chaunccyl,209.048
Mar. 5.Costa Rica..1,469,286
June 9.New York..
949,906 15,527,984
18,038,242
19,468,077
21,519,536
23,175,019
26,266,615
27,652,616
29,322,034
30,537,107
31,646,647
32,781,740
34,210,444
35,439,813
35,995,089
37,108,704
Dec. 2.Arizona.. ..1,127,885 38,236,589
United States Mint for November.—The "following is the officflhl
subject, and a committee appointed by it has held several statement of deposits and coinage at the Mint of the United States,
sittings in New York and Brooklyn, taking testimony upon Philadelphia during the month of November, 1866, by which it will be
the subject.
We trust that their report will enable the mem¬ seen that the coinage was greater in that month than it has been since
bers of the Legislature to take an intelligent view of the
November, 1861 :
whole subject.
deposits.
We want a new system which will do away
Value.
Value.
with the present objections, and be adequate to the wants of
Gold deposits
$2,9G9,163 931 Silver deposits and purch. ,$55,317 70
our commerce.
The present rickety contrivances of two
Total deposits
.. $3,015,481 63
centuries’ standing must be abandoned.
COINAGE.
GOLD
London letter this week will be
found
on page
COMMERCIAL AND MISCELLANEOUS
Denomination.
723.
No. of pcs.
Double Eagles...
NEWS.
192,570
Value.
,
I Denomination. No. of pcs."
$2,015,400|Fine bars
pute at
tne
and
Exports
for the
Week.—The following are the im¬
New York for week ending (for dry-goods)
(for general merchandise Dec. 1 :)
week ending
FOREIGN IMPORTS AT NEW
1863.
HryfOOdS
General merchandise
Total for the week
Previously reported
8teee Jaaaary 1
$1,093,412
2,386,342
$M79,754
166,063,367
$169,543,121
Nov. 80, and for
YORK FOR THE WEEK.
1864.
1866.
$270,344
1,797,990
$2,068,384
$3,689,996
3,203,225
SILVER.
$6,793,221
60,700 00
1,152 22
101,400
9
101,409
$51,852 32
$11,250] Three Cent pieces 375,000
10,400|Five Cent pieces.2,272,000
$11,250 00
113,600 00
Fine bars
,
Total
COPPER.
1866.
$902,839
2,024,841
$2,927,680
183,605,475 278,038,191
$196,398,356 $190,398,696 $275,965,871
194,830,022
$6,194 29
192,579 $2,057,694 29
Total
Half-dollars
Imports
9
Value/
Cents
Two Cent
pieces.
1,125,000
520,000
Total
f
4,292,000 $146,600 00
RECAPITULATION.
Gold Coinage.... 102,579
Silver
do
101,409
Total N#, ot piece*
....
$2,057,694 291 Copper coinage.. .4,292,000 $146,500 03
51,852 32|
4,495,988 $2,255,946 61
w
REPORT OF THE SECRETARY OF THE
Bonds, 6 per cent, acts July 21,1841, and April 15,1842
Treasury notes, 6 per cent, acts Dec. 23,1857, ana March 2,1861..
Bonds, 5 per cent, act September 9, 1850 (Texas indemnity)
Treasury notes, 7-80, act July 17,1861
Certificates of indebtedness, 6 per cent, act March 1, 1862
Treasury notes, 5 per cent, 1 and 2 year, March 3, 1868
Compound Interest notes, 6 per cent, act June 80, 1864
Bonds, 6 per cent, act March 3, 1864
United States notes, acts July 17,1861, and February 12, 1802
United States notes, acts Feb. 25, July 11,1862, and March3,1868.
Postal currency, act July 17, 1862
Cash in treasury, increased
/.
TREASURY.
Treasury Department,
)
Washington, Dec. 3,1866. j
conformity with the requirements of law, the Secretary has the
honor to make the following report ;
In his report under date of the 4th of December, 1865, the SecIn
estimated, according to the data furnished him by this De¬
partment and by the other Departments, that the expenditures of
the Government for the three-quarters of the fiscal year ending June
30,1866, would exceed the receipts ^112,194,947 20. The result
was widely different.
The receipts exceeded the estimates $89,905,905 44 ; the expenditures fell short of the estimates $200,529,235 30.
The following statement exhibits the items of increase of receipts
and decrease of expenditures in comparison with the estimates :
Statement of the estimated and actual receipts and expenditures of the
United States from October 1,1865, to June 30, 1866.
retary
Excess of
receipts.
$32,037,068 55
32,140 40
Estimated.
Actual.
$100,000,000 00
600,000 00
176,000,000 00
30,000,000 00
$132,037,063 55
48,286,126 90
1,943,642 82
18,285,125 90
1,943,642 82
$305,500,000 00
$396,405,905 44
67,168.515 44
$89,905,905 44
67,158,515 44
$372,658,515 44
$4i2;58I,420 88
632,140 40
212,607,927 77
.
Direct tax
1865,.
Cash balance Oct. 1,
Civil service
$2,508,551
1,195,505
188,708,286
8,197,283
$30,485,500 55
$32,994,052 38
12,256,790 94
,
Pension and Indians
War Department
Navy Department
Interest on public debt
11,061,285 79
119,080,464 50
26,802,716 31
96,894,260 19
307,788,750 57
36,000,000 GO
96,813,868 75
of the public debt for the
to October 31, 1866 :
Amount of public debt, June 30, 1866
crease
.
S3
15
07
69
including cash balance
Excess of receipts over estimates
Estimated expenditures
Actual expenditures
Actual expenditures
$89,905,905 44
200,529,235 30
"
$290,435,140 74
statement of receipts and expenditures for the
68
03
12
42
91— 558,032,620 06
$1,273,960,215 20
Redemption of public debt
For
For
For
For
For
41,056,961 54
the civil service
$620,821,725 61
284,449,701 82
43,324,118 52
debt. 183,067,741 69
620,750,940 48— 1,141,072,666 09
Leaving a balance in the Treasury on the first day of July, 1866. $182,887,54911
The following is a statement of the receipts and expenditures
the quarter ending September 30, 1866:
for
RECEIPTS.
Balance in Treasury, agreeable to warrants,
$182,837,549 11
July 1,1866
Receipts from loans
,
174,011,622 24
60,843,774 24
228,399 72
340,454 89
99,166,993 98
* 7,981,764 24—158,561,386 57
Receipts from customs.
Receipts from lands...
Receipts from direct tax
Receipts from internal revenue
Receipts from miscellaneous sources
465,460,557 92
w
EXPENDITURE.
For the redemption of the public debt
For the civil service
For pensions and Indians
For the War Department .
For the Navy Department
For Interest on the public debt..;
243,782,833 44
11,898,736 44
11,78': ,975 60
13,833,214 03
7,878,609 17
83,866,399 99—828,041,768 73
Leaving a balance in the Treasury on the first day of Oct. 1866, of $142,418,789
19
exhibits the items of increase and de
public debt for the fiscal year ending June 30,1866:
The following statement
crease
of the
Amount of public debt, Jane
Amount of cash in Treasury
30, 1865
Amount of public debt, June 80, 1865, less
Amount of public debt, June 30,1866
Amount of cash in Treasury
$2,682,698,026 50
858,309 16
cash in Treasury—$2,631,734,717 88
$2,788,425,879 21
132,887,549 11
Amount of public debt, June 80,1866, less cash in Treasury—
Net decrease...
/
.
$2,551,424,121 20
$99,114,208 90
was
caused
as
follows, by payments :
1841, and
$14,500 00
Bonds, 6 per cent., act Jan. 28, 1847
1,672,450 00
Bonds, 6 per cent., act March 31, 1848.617,400 00
Bonds, 5 per cent., act Sept. 9, 1850, (Texas
indemnity)
*•
175,000 00
Bonds, 5 per cent., act March 3,1864, (Tenforties)
.
149,750 00Treasury notes, 6 per cent., acts Dee. 23, 1857, and March 2,
1861
>.
Temporary loan, 4, 5 and 6 per cent., acta Feb. 25, March 17,
July 11, 1862, and June 30, 1864
Certificates of indebtedness, 6 per
2,629,100 00
6,150 00
75,172,997 76
cent., acts March 1,1862,
26,209,000 00
500,000 CO
11,200 00
and two year, act March 3,
July 17,1S61
10,500,000 00
3,
82,237,250 00
‘ 3,804 00
1865....
United States notes, acts July 17,1861, and
United States notes, acts Feb. 25, 1862,
March 3,1863
Postal currency, act July 17,1862
Feb. 12, 1862
July 11, 1862, and
Gross decrease
From which deduct for increase
10,691,779 00
691,031 75
$208,662,312 51
of debt and de¬
of cash in Treasury :
Bonds, 6 per cent., July 17, 1361
,...
$7,050,000 00
Bonds, 6 per cent., act March 8, 1865
101,738,500 00
Bonds, 6 per cent., acts July 1, 1862, and July
2, 1864, issued to Central Pacific Railroad
'
Company, &c., interest payable in lawful
crease
18,852,416 91
pensions and Indians
the War Department
the Navy Department
interest on the public
■
Compound interest notes. 6 per cent., act June 30, 1864
Treasury notes, Seven-thirty, acts June 30, 1864, and March
$3,076,012 09
712,851,553 05
and de¬
48
:
Treasury notes, Seven-thirty, act
2,217,782 94
179,046,651
665,031
1,974,754
309,226,813
67,119,869
00
$2,650,533,330 10
1863
$868,809 15
1865, including trust fund
Receipts from loans
Receipts from customs
Receipts from land
Receipts from direct tax
Receipts from internal revenue
Receipts from miscellaneous sources....:
debt, Oct. 31, 1866, less
and March 3,1863
Treasury notes, 5 per cent., one
included in the above balance
25
08
00
130,326,960 62
-
April 15,1842
.
Making balance, July 1,
Treasury
Which decrease
less than estimated
00
$2,631,761,081 82
Amount of cash in
Bonds, 6 per cent., act July 21,
484,853,462 64
284,324,227 34
The following is a
fiscal year ending June 30,1866 :
Balance in Treasury, agreeable to warrants,
July 1.1865
To which add balance of sundry trust funds not
34
Net decrease.
$462,564,420 88
372,658,515 44
including cash balance
Estimated receipts,
00
$2,783,425,879 21
- 132,887,549 11
Amount of public debt, June 30,1866, less
ca«h in Treasury
Amount ot public debt, Oct. 31, 1866
$2,681,03G,%d
Add amount of old funded and unfunded debt
included in debt of June 30, 1866, not in
statement
114,115
$200,529,235 80
$284,324,227 34
61
four months from June 30, 18G6,
cash in Treasury
Amount of public
cash in Treasury.
RECAPITULATION,
Actual receipts,
following statement exhibits the items of increase
The
SO,391 44
$484,853,462 64
200,441 00
32,068,760 00
2,884,707 88
1-2,029,239 96
301,329,271 33
$200,009,626 74
Deduct deficiency in estim’te
for interest on public debt
1,551,000 00
$31,196,387 28
Amount of
Actual.
84,743,940 00
Net decrease
EXPENDITURES.
Estimated.
380,750 00
89,381,000 00
38,884,480 00
Gross increase
37.607,927 77
Excess of
estimates.
$116,139 77
2,200 00
283,000 00
Gross decrease...
$332,525,658
From which deduct for increase, by— ,
Bonds, 6 pc, acts July 1, 1862, and July 2, 1864, issued to Central
Pacific KR. Co., Ac., interest payable in lawftil money
$4,784,0C0
Treasury noies, 7-30, acts J une 30, 1864, and March 8,1865, inter*
est payable in lawful money
,
184,641,150
Temporary loan, 4, 5 and 6 per cent, acts July 11,1862, and June
SO. 1864
30,459,135
Gold certificates, act March 8.1863
4,949,756
Fractional currency, act March 8,1863
....
10,713,180
Bonds, 6 per cent, act July 17,1861
$146,060
Bonds, 6 per cent, act March 8, 1864
3,882,500
Bonds, 8 per cent, act June 30,1864
8,211,000
Bonds, 6 per cent, act March 8,1865
103,542,500-115,782,050
RECEIPTS.
Internal revenue.
Miscellaneous
follows, by payments und increase
This decrease was caused as
of cash in Treasury :
^Department Reports.
Customs
Lauds
713
THE CHRONICLE.
1806.]
December 8,
2,650,588,380 10
31,196,887 28
money
Gold certificates, act March 3,1863
Fractional currency, acts March 3,
,
1863, and
June 31, 1861
Cash in Treasury, deceeased.
3,840,000 00
183,800 00
1,203,165 12 ' ‘
2,560,588 49— 109,538,103 61
$99,114,208 90
Net decrease
The
following statement exhibits the items of
increase and de¬
of the public debt from the highest point August
to October 31,1866 :
Amount of public debt August 31, 1865, as per
statement
$2,845,907,626 56
Amount of old funded and unfunded debt....
114,115 48
crease
31,1865,
$2,846,021,742 04
Amount of cash in
88,21?,055 13
Treasury.
Amount of public debt August 81, 1865, less cash In Treasury.
Amount of public debt Oct. 81, 1866, as per
statement
2,681,636,966 84
Amount of old funded and unfunded debt....
114,115 48
$2,757,803,686 91
2,681,751,081 82
Amount of cash in Treasury
Amount of public
:..
130,326,960 62
debt, October 81,1866, less cash in
Net decrease
Which decrease was caused as
Treasury 2,551,424,121 20
206,879,565 71
follows by payments and increase
of cash in Treasury :
Bonds, 6 per cent, act January 28,1847
Bonds, 6 per cent, acts July 21,1841, and April 15, 1842
Bonds, 6 per cent, act March 81,1848
Bonds, 5 per cent, act March 3, 1864
Bonds, 6 per cent, act September 9,1850, (Texas indemnity)....
Treasury notes, 6 per cent, acts Dec. 23,1857, and March 2. 1861.
Temporary loan, 4,5 and 9 per cent, acts February 25, 1862, and
$1,672,450 00
144,039 77
617,400 00
1,700.750 00
* 455,000 00
8,200 00
THE CHRONICLE.
714
-
.Tune SO, 1864
Certificates of Indebtedness, 6 per cent, acts March 1, 1862,
March 3, 1863
Treasury notes, 5 per cent, one and two years, act March 3,
and
62,146,714 27
'84,911,000
31,000,000
Treasury notes, Seven-thirty, act July 17,1861
295,100
Compound interest notes, 6 per cent, act June 30, 1864
68,512,020
Treasury notes, Seven-thirty, net June 30,1864, and March 3,1865 105,985,700
United States notes, acts July 17,1861, and February 12, 1862...
134,610
United States notes, acts Feb. 25,
1863
1862, July 11, 1862, and March
3, 1863
Postal currency, act
July 17, 1862
Suspended requisitions
00
00
00
00
00
00
.42,830,174 00
3,029,739 63
2,111,000 00
$405,653,897 67
Increase of cash in
42,108,905 49
Treasury
$447,662,803 16
Gross decrease
From which deduct for increase
:
$114,750 00
Bond*, 6 per cent, act June 30, 1864
8,211,000 00
Bonds, 6 per cent, acts July 1, 1862, and July 2,
1864, issued to Central Pacific Railr’d Company,
&c., interest payable in lawful money
8,624,000 00
$241,283,237 45
$206,379,665 71
Net decrease
These statements
are
in the
highest degree encouraging.
They
and they
clearly indicate the patience of the people under self imposed bur¬
dens, and their unwillingness that this debt should he a perpetual
are
conclusive evidence of the greatness of our resources,
incumbrance upon the country.
It is not expected, nor is it perhaps desirable, that the same rate
A considerable diminution of
of reduction should be continued.
taxes was
at
effected by the amendments of the
taxes,
and
a
internal revenue law,
A further diminution of internal
modification of the tariff, which will doubtless lead to
the last session of
report, although indorsed in the House of Representatives
by a nearly unanimous vote, were not sustained by corresponding
legislation. Instead of being authorized to reduce the paper circu¬
lation of the country, according to his recommendations, the amount
of United States notes which he was permitted to retire was limited
to $10,000,000 for the six months ending October 12, and to
$4,000,000 per month thereafier. In the meantime, the reduction
of these notes and of the notes of the State banks, has been nearly
balanced by the increase of the circulation of the National Banks ;
and specie commands about the same premium it did when the last
Treasury report was prepared. Having been thus prevented from
taking the first important step toward a return to specie payments,
in that
Secretary has mainly directed his attention to measures looking
increase of efficiency in the collection of the revenues, to the
conversion of interest-bearing notes into Five-twenty bonds, and to
a reduction of the public debt.
What has been accomplished in
these respects, and is not already understood by the country, is ex¬
plained elsewhere in this report. The Secretary has also deemed it
to be his duty to use such means, within his control, as were, in his
judgment, best calculated to keep the business of the country as
steady as possible, while conducted on the uncertain basis of an
irredeemable currency. To accomplish this, he has thought it ne¬
cessary to hold a handsome reserve of coin in the Treasury. For
doing so, he has been criticised by many very intelligent persons,
some of whom have condemned the policy as involving a heavy loss
to the country, in the way of interest; others have objected to it
as a failure on his part to avail himself of means within his control
for reducing the price of coin, and thus approximating specie pay¬
ments ; on the contrary, not a few have pronounced all sales of gold
by the Government unwise, on the theory that if the coin received
from customs, and not required for the payment of interest, should
be permitted to accumulate until it should reach about the same
proportion to the outstanding United States notes that, in former
days, the coin in the vaults of well-managed banking institutions
sustained to their immediate liabilities, specie payments might be
resumed, without a reduction of the currency, and without regard
to the condition of trade between the United States and other
the
to
Bonds, 6 per cent, acts July 17 and Aug. 5, 1861..
Congress.
reduction of customs duties on many articles, will be required, in
order that production may be increased and new life infused into
certain branches of industry that are now languishing under the
burdens which have been imposed upon them. But, after the proper
a
reductions shall have been made, the revenues will
doubtless be sufficient, if the Government shall be economically ad¬
ministered, to pay the current expenses, the interest on the public
and necessary
debt, and reduce the principal at the rate of from four to
five mil¬
lions per month. In order that this may be done, however, there
must be no additional donations to railroads, no payments but in
the fulfillment of contracts, and no unnecessary expenditure of
[December 8, 1866.
an
nations.
Under these circumstances,
feeling sensible of the great responsibility of his position, the Secretary has deemed it safer and better
for the country, to act according to the dictates of his own judg¬
ment, carefully regarding the condition of the markets and of the
Treasury, rather than to take his direction from those who, how¬
ever intelligent and able, were under no official-obligations to the
Government, and might be less accurately advised in regard to the
actual state of its financial affairs. He has regarded a steady mar¬
ket as of more importance to the people than the saving of a few
millions of dollars in the way of interest; and observation and ex¬
perience have assured him that, in order to secure this steadiness in
whatever. With proper economy in all the
Departments of the Government, the debt can be paid by the gen¬
eration that created it, if wise and equal revenue laws shall be en¬
acted and continued by Congress, and these laws are faithfully en¬
forced by the officers charged with their execution. That it is the
will of the people that it should be paid, and not perpetuated, is any considerable degree, while business is conducted on a paper ba¬
clearly indicated by the favor with which its rapid reduction during sis, there must be power in the Treasury to prevent successful com¬
the past year has been regarded. The idea that a national debt can binations to bring about fluctuations for purely speculative pur¬
be anything else than a burden—in which there are some compen¬ poses.
He has also been clear in his convictions that specie pay¬
sations, but still a burden, a mortgage upon the property and in¬ ments are not to be restored by an accumulation of coin in the
dustry of the people—is fortunately not an American idea. In Treasury, to be paid out at a future day in the redemption of Gov¬
countries in which the public expenditures are so heavy or the re¬ ernment obligations; but rather by quickened industry, increased
sources are so small that no reduction of their public debts is
production and lower prices, which can alone make the United
practicable, and where national securities become monopolized States what they ought to be—a creditor and not a debtor nation.
capital in the hands of moneyed aristocracies, who not only absorb These views explain the course that has been pursued with the gold
the means, but give direction to the sentiment of the people, public- which, during his administration of the Department, has come into
debts may be regarded as public blessings ; but no such fallacy will the Treasury. He has permitted it to accumulate when the use or
ever be countenanced
by the free and intelligent people of the sale of it to accumulate when the use or the sale of it was not ne¬
money lor any purpose
United States.
cessary
Nothing in our history has created so much surprise, both at
home and abroad, as the reduction of our national debt. The won¬
der excited by the rapidity with which it was created is greatly ex¬
ceeded by the admiration of the resolution of the taxpayers them¬
selves that it shall be speedily extinguished.
The conviction is be¬
coming fastened upon the popular mind that it is important—for
economy in the national expenses, for the maintenance of a true
democracy in the administration of the Government, for the cause
of good morals and of public virtue—that the policy of a steady
annual reduction of the debt should be definitely and inexorably es¬
tablished. Nothing short of this, and that economy in the national
expenditures, which will render it practicable, will reconcile the
people to the burdens of taxation. A national debt must ever be
a severe strain
upon republican institutions, and ours should not be
subject to it one day longer than is necessary. To the perpetuation
of the existing debt of the United States there are also, it may be
proper to remark, serious objections growing out of the circum¬
stances under which it was created.
Although incurred in a great
struggle lor the preservation of the Government, and therefore
especially sacred in its character, its burdens are to be shared by
those to whom it is
a
reminder of humiliatiou and defeat.
It is
exceedingly desirable that this, with other causes of heartburnings
and alienation, should be removed as rapidly as possible, and that
all should disappear with the present generation, so that there may
be nothing in the future to prevent that unity and good feeling be¬
tween the sectious which are necessary for true national prosperity.
The Secretary regrets, notwithstanding the large reduction of the
national debt, and the satisfactory condition, in other respects, of
the National Treasury, that little progress has been made since his
last report toward specie payments. The views presented by him
for paying Government obligations, or to prevent commer¬
cial panics, or successful combinations against
and he has sold whenever sales were necessary
the national credit,
to supply the Treas¬
ury with currency, to ward off financial crisis, or to save the paper
circulation of the country, as far as practicable, from unnecessary
and damaging depreciation. For making sales he
respon¬
sible. If, in conducting them, any favoritism has been shown, or
if the interests of any particular class have been especially regard¬
alone is
ed, it has been without his knowledge, and in violation of his in¬
structions. He has not the slightest reason to suppose, however,
judiciously.
remark that his
opinions have undergone no change in regard to the importance of
a restoration of the specie standard, or the means necessary to effect
that they have not been conducted honesty, fairly and
It may be hardly necessary for the Secretary to
he has not been understood as enter¬
taining the opinion that a reduction of the currency would of itself
necessarily bring about specie payments, although the chief and
essential means to effect the desired result. He regards a redundant
legal tender currency as the prime cause of our financial difficulties,
and a curtailment thereof indispensable to an increase of labor
and a reduction of prices, to an augmentation of exports and a
diminution o imports, which alone will place the trade between
the United States and other nations on an equal and satisfactory
footing.
In order that his views on this point may not be misapprehended,
the Secretary trusts that he will be pardoned for referring (even at
a risk of a repetition of what he has heretofore presented in other
communications to Congress and in other ways to the country) to
certain laws, well understood, but too often disregarded, which reg¬
ulate international trade and control the movements of coin^* We
haye traveled so far from the specie standard, and are also blinded
it.
He trusts, however, that
.
December 8,1866.]
THE CHRONICLE.
in regard to our actual financial condition and our relations with
other countries, by inflated and irredeemable
currency, and by the
exportation of our securities, that frequent recurrence to inexorable
commercial and financial laws is necessary.
Ever since trade commenced between the
people of different na¬
tions, gold and silver have been the only reliable and recognized
of value and medium of exchanges. While in their inter¬
nal trade other representatives of value have, to a greater
or less
extent, been used by all nations, money made of these metals has
measure
been
pronounced by the judgment of the world the only currency
necessary for a uniform and universal cir¬
culating medium. From this judgement there is no appeal. Not
only is it the true and universally acknowledged measure of value
and medium of exchanges, but by its
regulating flow, it indicates
possessing the attributes
the condition and the results
of trade between different nations.
Water does not more naturally seek a level, than does
specie flow
from one nation to another for the payment of balauces created
by
unequal exchange of commodities. Trade between nations is
generally and chiefly conducted by an exchange of their produc¬
tions ; but as these exchanges are never
exactly equal, there are
constantly occurring balances to be paid in something else; and, in
their payment, nothing but the precious metals is a
legal tender.
It is this necessity for paying balances in coin which
regulates the
an
trade of nations. It is this great commercial and financial law
which makes the nation that sells more than it
buys the creditor
nation, and the nation that buys more than it sells the debtor na¬
tion, and recognizes no medium but coin in the payment of bal¬
ances, that determines the question of the
ability of the United
States to resume and maintain specie
payments. If the balance is
in our favor, or if not in our favor, if the balance
against us is so
small that it can be paid without an
exhausting drain upon our
precious metals, specie payments can at once be resumed. Such,
unfortunately, is not the fact. Notwithstanding our heavy exports
during the past year (that of cotton having been 650,672,820
pounds, or nearly 1,600,000 bales, a quantity greater than our en¬
tire crop of the present
year), the United States are largely a
debtor to Europe. *
stimulates
716
imports, and thus cripples home industry.
Nothing is
certain than the fact that there can be no
permanent resump¬
tion of specie payments in the United States until the balances be¬
tween them and other nations shall be made
easy by an exporta¬
tion of commodities,
including the products of the mines, equal at
least to our importations, and until
more
provision shall be made for re¬
turning bonds, or for preventing their return at unpropitious times.
This state of things, it is conceived, cannot be effected without a
change in our financial policy.
There being but one
universally recognized measure of value,
and that being a value in itself,
costing what it represents in the
labor which is required to obtain it, the nation that
adopts, either
from choice or
temporary necessity, an inferior standard, violates
the financial law of the world and
inevitably suffers for its viola¬
tion.
An irredeemable, and
consequently depreciated currency,
drives out of circulation the
currency superior to itself; and if
made by law a legal tender, while its real value is not
thereby en¬
hanced, it becomes a false and demoralizing standard, under the in¬
fluences of which prices advance in a ratio
disproportioned even to
its actual depreciation.
Very different from this is that gradual,
healthy, and general advance of prices which is. the effect of the in¬
crease of the
precious metals
The coin which is obtained in the
gold and silver-producing districts, although it first affects prices
within such districts, following the course of
trade, and in obedience
to its laws, soon finds its
way to other countries, and becomes a
part of the common stock of the nations, which, increasing in
amount by the regular product of the mines, and in
activity by the
growing demands of commerce, advances the price of labor and
commodities throughout the commercial world.
Thus, the pro¬
ducts of the American, Australian, and Russian mines tend first to
advance prices in their respective localities, but the
operation of
trade soon distributes these
products, and enterprise everywhere
feels and responds to the increase of the universal measure of value.
All this is healthful, Decause slow,
permanent, atid universal. The
coin produced in aDy country will be retained there no
longer than
its productions and sales keep the balance of trade in its favor. As
soon as it becomes
cheaper (if this word can be
properly used in
regard to the standard of value) in the country in which it is pro¬
duced than in other accessible countries, or rather when it*will
purchase more in other countries (adding interest, the cost of trans¬
portation, duties and other necessary expenses) than in that in
which it is produced, or when it is required to
pay balauces to
other countries, it flows to them
by a law as regular and as certain
it was eighteen years ago.
a3 gravitation.
Hence, although the precious metals are produced
During the fiscal year ending June 30,1866, the United States inconsiderable
quantities in but a few countries, they, affect the
imported :
prices in all. Not so with a paper currency, which is local in its
Foreign merchandise free of duty
$58,801,769 use and in its influence. Its
Foreign merchandise paying duty
advantages, when convertible, are ad¬
368,508,061
mitted ; for, if convertible, although it swells the volume of cur¬
$427,309,810 rency, it rather increases
enterprise than prices. Its convertibility
Of foreign merchandise there was
re-exported :
prevents expansion, while its larger volume gives impetus to trade
Free of duty.
$1,907,167
and creates greater demand for labor.
DutiaDle
But when a paper cur¬
9,434,263
rency is an inconvertible currency, and especially when, beiug so,
Total (mixed gold and curreney value)
11,341.420
it is made by the sovereign
power a legal tender, it becomes pro¬
Which, reduced to curreucy value, was equal to
10,263,233 lific of mischief.
Then spec ie becomes demonetized, and trade is
Total net imports foreign merchandise, valued in
uncertain in its results, because the basis is
gold
fluctuating ; then pri¬
$417,046,677
Imports, specie
$10,329,156
ces advance as
the volume of currency increases, and require as
Of which there was re-exported
3,400,697
they advance further additions to the circulating medium; then
Net
A few facts will
put us right on this point. Between the year
1848, when gold was first discovered in California, and the 1st of
July, 1866, the product of the gold and silver mines of the United
States was about $1,100,000, nearly all
of which has gone into the
world’s general stock ; and it is not probable that the
amount of
gold and silver now in the Touted States is very much larger than
imports, specie
6,928,459
Total net
imports, foreign merchandise and specie
$423,975,036
During the fiscal year ending June 30,1866, the United
States exported domestic merchandise,
currency
value, $468,040,903, reduced to gold value
$333,322,0S5
Specie exported
82,643,374
Total domestic exports, valued in gold
Apparent balance of trade, valued in gold
But these
415,965,459
%
$8,009,577
figures, taken from the reports of the custom houses,
do not present the whole truth.
For many years there has been a
systematic under-valuation of foreign merchandise imported into
the United States, and large amounts have been
smuggled into the
country aloDg our extended sea coasts and frontiers. To make up
for under-valuations and
smuggling, and for cost of transportation
paid to foreign shipowners, twenty per cent, at least should be
added to the imports, which would make the balance for the
past
year against the United States nearly $100,000,000. It is evident
that the balances have been
largely against the United States for
some years past,
whatever may have been the custom house returns.
On no other ground can the fact be accounted
for, that a very
large amount of American bonds is now held in Europe which are
estimated as follows, to wit:
United States bonds.
state and municipal bonds
Railroad and other stocks and bonds
,
'
'
It is
$360,000,000
150,000,000
100,000,000
$600,000,000
evident, from these figures, that the balances are against
ns, and, chiefly by the exportation of our Government
bonds, are
being temporarily and iraprovidently arranged; temporarily, be¬
cause a large
portion of these bonds have been bought on specula¬
tion, and will be likely to be returned whenever financial troubles
in the countries in which
they are held shall make it necessary for
the holders to realize
upon them, or whenever satisfactory profits
can be made
by returning them, which will be when they nearly
approach their par value in coin ; improvidently, because
thay are
being purchased at very low prices, and because their exportation
speculation becomes rife, and “ the few are enriched at the expense
of the many;” then industry declines, and
extravagauce is wanton ;
then, with a diminution of products, and consequently of exports,
there is an increase of imports, and higher tariffs are required on
account of the general
expansion, to which they, in their turn,
give new stimulus and support, while the protection intended to be
given by them to home industry is in a great measure rendered in¬
operative by the expansion. This, notwithstanding our large reve¬
nues and the
prosperity of many branches of industry, is substan¬
tially the condition of the United States, and the important ques¬
tion arises, What are the remedies ?
With entire deference to Congress,
they are to be found—
the Secretary suggests that
First—In
compelling the National Banks to redeem their notes
cities, or, what would be better, at a single city.
Second—In a curtailment of the currency to the amount required
by legitimate and healthful trade.
Third—In a careful revision of the tariff, for the purpose of har¬
monizing it with our internal taxes—removing the oppressive bur¬
dens now imposed upon certain branches of industry, and relieving
altogether, or greatly relieving, raw materials from taxes, in order
that the product of labor may be enhanced and
production and
at the Atlantic
exportation increased.
Fourth—In the issue of, bonds, payable in not over twenty years
bearing interest at the rate of not over five per cent., payable
in England or Germany, to an amount sufficient to absorb the six
and
per cent, bonds now held in Europe, and to meet
for actual and permanent investment; and—
the demand there
Fifth—In the rehabilitation of the Southern States.
utility of compelling National Banks to redeem
First—The
their notes at commercial centres, as well as at their own counters,
is apparent. The object of Congress, in the establishment of the
National
Banking system was to furnish the people with a solvent
of uniform value throughout the United States. The
solvency of the notes of the National Banks is secured by a deposit
of bonds with the Treasurer at
Washington ; but, as the Banks
currency
-
THE
716
in
places difficult of access, a redemption of their notes at their re¬
spective counters is not all that is required to make them through¬
are
scattered throughout
the country,
and many of them are
It is true that the notes
all public dues, except
out the United States a par circulation.
of all National Banks are receivable for
duties upon imports, and must
Banks which issued are unable to redeem
be paid by the Treasurer in case the
them, but it will not be
of Banks, although perfectly solvent, but
claimed that the notes
situated in interior towns, are
of banks in the seaboard cities.
practically as valuable as
well-managed banking insti¬
accounts and balances in
some of the Atlantic cities, this hardship would be found upon trial
to be imaginary rather than real.
But if it should be a hardship, it
would be a necessary one, and the interests of the banks must bend
to the interests of the people.
Beside, without such redemption,
there will be practically none at all, at least until specie payments
are resumed ; and when there are no redemptions there is always a
constant tendency to inflation and illegitimate banking. The fre¬
quent aDd regular return of their notes is needed to keep the busi¬
of the banks in a healthy condition, and thus invariably proves
less advantageous to the stockholders than to the public. Un¬
less the banks shall be compelled to redeem in Uuited States notes,
many of them will neither lend their influence in favor of a return to
specie payments, nor be prepared for them when, without their
agency, specie payments shall be brought about. If the determina¬
tion of the question was left to the Secretary, all the banks would
ness
no
r
the notes
remote banks thus to redeem
It may be urged that, to compel
would be a hardship ; but as very few
tutions in the United States fail to keep
demanded end received
payment of dues. This subject, of course,
the earnest and careful consideration of the distinguished gentleman
at that time the financial minister of the Government, who caused
to be prepared and submitted to Congress a bill “ to
a na¬
tional c frrency secured by a pledge‘of United States bonds,
to
provide,Tor the circulation and redemption thereof,”
provide
and
which, after
having been carefully considered and thoroughly discussed, became
law
the 25th of February, 1863. Prior to the passage .of this
act, issues by the Government bad been authorized, and a large
amount of Government notes had been put in circulation. But
there is nothing in the acts authorizing their issue, or in the com¬
on
a
in the discussions in Congress, to
justify the opinion that they were intended to be a
culation. On the contrary, the provisions in the law for their con¬
version into bonds, and the arguments of the advocates of their
Issue, afford ample evidence that they were regarded as merely ternporary, and justifiable only by an emergency which it was
nothing else could adequately meet. Had it been proposed
munications of the Secretary, or
these notes
should be
a
permauent cir¬
permanent circulation
supposed
that
take the place of
and
that the
proposition
National
Banking system prepared by its author, nor adopted by Congress,
destroy the State Banks, nor to divert capital from banking, but
rather to compel all banking institutions issuing notes as money to
them, beyond any conceivable contingency, by deposits with
the Treasurer of the United States ; thus, without the agency of a
National Bank, providing a national currency which would save the
Government and people from losses, of which there was constant
danger, from a local aud unsecured circulation. The national bank¬
New York, the acknowledged commercial ing system was intended, while not invading the rights of the States,
required to redeem in
metropolis of the Union. The designation of that city as the re¬
deeming point for all Natioual Banks would not only give absolute
uniformity to their circulation, but would so facilitate the assorting
and returning of notes that practical and general redemption would
be enforced.
It is certain that this will not be done under the ex¬
isting provisions of the law ; it is not certain that it will be, unless
all banks shall bo compelled to redeem at a single point. This
might be objected to by the banks in other Atlantic cities on the
ground that it would aggrandize New York at their expense. But
New York is already the financial and commercial emporium of the
Union. Most of the interior banks keep their chief balances in that
city, because they are more available and valuable there than else¬
where, and in compelling all the banks to redeem at the metropolis of
trade, Congress would be only yielding to an unwritten but
ling law to which statutes should conform. The course of trade com
pels, and will compel, those National Banks whose business is
upon the products of the country (and these must always constitute a
majority) to keep their chief balances in New York, whether
redeem there or not.
If exchanges between that city and other
cities should be in favor of the latter, the redemption by their batiks
would be made at their own counters, and no sacrifice but that of
local pride would be iuvo?yed in their being required by law to re¬
be
[December 8,1866.
CHRONICLE
bank notes, there is good reason to suppose
would have had few, if any, advocates.
Nor was the
to
secure
nor
interests, to furnish the people with
circulation. The United States notes were
damaging private
nent paper
meet a temporary
a perma¬
intended to
the emergency
Secretary was not the advocate of the National
Banking System,rand claims only the credit of having used his best
efforts, as Comptroller, to put it into successful operation. But he
has
hesitation in pronouncing it a vast improvement upon the
systems which it superseded, and one admirably adapted to our pe¬
culiar form of Government. There are substantial objections to all
banks of issue, and if none existed in the United States, it might
be very questionable if any should be introduced ; but having taken
the place of the State Banks, and furnished as they do a circulation
control¬ free from objection as any that is likely to be provided, the Sec¬
retary is of the opinion that the National Banks should be sustained,
based and that the paper circulation of the country should be reduced,
by compelling them to retire their notes, but by the withdrawal
„
they of the United States notes.
"
'
emergency,
and to be retired wlen
had passed.
The present
no
as
not
the saving of interest which
of its own currency, nor of
regarded by the people; but
than counterbalanced by
deem at the common centre.
When New York shall be a debtor
Government by failing to pay
city to Boston and Philadelphia, the notes of the Boston and Phila its notes according to their tenor, by the bad influence of this vol¬
delphia banks will go home, and not to New York, for payment. untary discredit upon the public morals, and the wide departure
What is required is an active, regular and actual redemption of the which a continued issue of legal tender notes involves, from past
notes of all the National Banks.
To effect this, local pride should usages, if not from the teachings of the Constitution itself. * The
be sacrificed and minor interests should be disregarded.
What is Government cannot exercise powers not conferred by its organic
said upon this subject by the Acting Comptroller of the Currency law or necessary for its own preservation, nor dishonor its own en¬
is fully endorsed.
gagements when able to meet them, without either shocking or de¬
The second remedy suggested is a curtailment of the currency.
moralizing the sentiment of the people; and the fact that the indefi¬
The views of the Secretary upon the question of a reduction of nite continuance of the circulation of an inconvertible but still legal
the currency have been so frequently expressed, that it is only ne¬ tender currency is so generally advocated, indicates how far we
cessary now to consider whether the curtailment should be of the have wandered from old landmarks, both in finance and ethics. The
United States notes or of the notes of the National Banks. On this views of the Secretary on this point were so fully expressed in his
subject his opinions have undergone no change since he communi¬ former report that jt is not necessary to restate them. It is suffi¬
cated them in his report as Comptroller of the Currency. Banks cient to say that his opinions are unchanged, and that reflection
of issue, organized under State laws, have been in existence ever and observation during the past year have assured him of their cor¬
since the formation of the Government. By the decisions of the rectness.
Anxious as he is to lighten the public burdens and
highest tribunals of the country, their constitutionality has been af reduce the public debt, he does not hesitate to advise that these
firmed, and they have become so interwoven with the business of the notes be withdrawn from circulation, and that the furnishing of
country, and such large investments have been made in them, that what paper currency may be required be left to corporations,
their destruction would involve consequences of a very serious char¬ under existing laws, and such amendments of these laws as experience
acter.
Whether or not the country would have been more pros¬ may dictate for the better protection and advancement of the public
perous without them—whether the stimulus they have given to interest. How rapidly they may be retired must depend upon the
enterprise and the facilities they have extended to trade have or effect which contraction may have upon business and industry, aod
have not been counterbalanced by the artificial prices which they
be better determined as the work progresses. The reduction could
have created, and the actual losses which the people have sustained
probably be increased from four millions per month, as contemplated
by the crisis they have occasioned, and by their suspensions and by the act of April 12,1866, to six millions per month for the
failures—it 13 too late to consider. When the National Currency
present fiscal year, and to ten millions per month thereafter, with¬
Act was passed by Congress, State Banks were in full operation, out
preventing a steady conversion of the interest-bearing notes
and not les3 than four hundred millions of dollars were invested in into bonds, or injuriously affecting legitimate business. No de¬
them as capital. In some States, by judicious legislation and care¬ terminate scale of redaction would, however, in the present con¬
ful management, they had afforded a local circulation satisfactory dition of our affairs, be advisable. The policy of contracting the
and safe. In other States, where no reliable security, or insufficient circulation of Government notes should be definitely and unchange¬
security, had been required for the protection of the public, and ably established, and the process should go on just as rapidly as
their management had been confided to incompetent or dishonest
possible without producing a financial crisis, or seriously embar¬
hands, there had been numerous failures, and heavy losses had been rassing those branches of industry and trade upon which our revsustained by the holders of their notes.
enues are dependent.
There is a great adaptability in the business
Soon after the commencement of the rebellion, it became apparent of the United States, and it will easily accommodate itself to any
that a heavy national debt Vras to,
created, the interest and prin¬ policy which the Government may adopt That the policy
cipal of which could only be paid by^general system of internal cated is the true and safe one, the Secretary is thoroughly convinc¬
taxes, involving a necessity for a circulating medium equal in value ed. If it shall not be speedily adopted and rigidly, but judiciously
throughout the*country, and safe for the Government to receive in enforced, severe financial troubles are in store for us.
The Secretary is not unmindful of
results to the Government by the use
the favor with which this currency is
all considerations of this nature are more
the discredit which attaches to the
can
indi- ‘
I860.]
December 8,
'■**■**
'
.
-* ■
The Secretary
THE
’J •
cordially approves what
”‘
'^0-' * ‘
is said by \"_3Acting
in his report, in regaru to the
importance of furnishing the people of the Sout^ with the
bank-note circulation which their business may require, aad agrees
with him in the opinion which he expresses of the beneficial re¬
sults* political, financial and social, to be effected by tfc organiza¬
tion of National Banks in the Southern States, but Ik* cannot re¬
commend an increase of the bank-note circulation of tfte country
beyond three hundred millions of dollars, and hopes that the ne¬
cessities of those States may be supplied rather by a reduction of
the amount awarded to other States, than by an increase of the
volume of currency.
The third remedy suggested is a revision of the tariff for the pur
pose of harmonizing it with internal taxes, a reduction of taxes up¬
raw material, &c., &c.
Th8 66th section of the act entitled “ An act to reduce interna
Comptroller of the Currency,
717
CHRONICLE
internal federal taxes and business was conducted
specie basis, may be insufficient, injudicious and
A large revenue is at present indispensable for the payment
now.
of the ordinary expenses of the Government, the interest upon the
public debt, and for a gradual and regular reduction of the
pal. Free trade, although in accord with, the principles
Government and the instincts of the people, eanuot be adopted as
there were no
injurious
upon a
princi¬
of the
anything like its pres¬
shall be no
commodities between the
Duties
but also for the
protection of those home interests upon which heavy internal taxes
to be assessed. The question now before the country is there¬
fore
of adaptation, rather than principle. How shall the neces¬
sary revenue be raised under a system of internal and external taxes
without sustaining monopolies, without repressing industry, without
taxation/’ &c., approved July 13,1866, provides : “Thatthe Sec- discouraging enterprise, without oppressing labor ? In other words,
retary of the Treasury is hereby authorized to appoint an officer iD how shall the revenue be raised in a manner the least oppressive to
his department, who shall be styled “ Special Commissioner of the the people, without checking the prosperity and growth of the
Revenue,” whose office shall terminate in four years from the 30th country ? The Secretary is not disposed to discuss the question in
day of June, 1866. It shall be the duty of the Special Commis¬ this report. This will, it is expected, be done elaborately and
sioner of the Revenue to inquire into all the resources of nationa' thoroughly in the report of the Commissioner, lie desires, how¬
and the best method of collecting the revenue ; the rela
to call attention to a few important* facts in regard to some
tion of foreign trade to domestic industry; the mutual adjustment branches of business in the United States, the consideration of,
of the system of taxation by customs and excise, with the view o
which may tend to give a proper direction to the public mind upon
insuring requisite revenue with the least disturbance or inconve¬
question so absorbing and important.
nience to the progress of industry and the development of the re¬
No single interest in the United States, fostered although it may
of the country ; and to inquire, from time to time, under be by legislation, can long prosper at the expense of other great
the direction of the Secretary of the Treasury, into the manner in interests.
Nor can any important interests be crushed by unwise
which officers charged with the administration and collection of the
unequal laws, without other interests being1 thereby prejudiced.
perform their duties. And the said Special Commissioner For illustration : the people of the United States are naturally a
of the Revenue shall, from time to time, report, through the. Sec¬ commercial and maritime people—fond of adventure, bold, enter¬
retary of the Treasury, to Congress, either in the form of a bill or prising'^ persistent. Now, the disagreeable fact must be admitted,
otherwise, such modifications of the rates of taxation, or of the that, with unequalled facilities for obtaining the materials, and with
methods of collecting the revenues, and such other facts pertaining acknowledged skill iu ship-building—with thousands of miles of sea=
the trade, industry, commerce, or taxation of the country, as he coast, indented with the finest harbors in the world—with surplus
may find, by actual,observation of the operation of the law, to be products that require in their exportation a large and increasing
conducive to the public interest.”
tonnage—we can neither profitably build ships nor successfully
On the 16th of July last, Mr. David A. Wells was appointee
compete with English ships in the transportation of our own pro¬
Special Commissioner of tbe*Revenue, under the authority above ductions. Twenty years ago it was anticipated that ere this the
recited, and he was instructed to proceed at once to perform the Uuited States would be the first maritime power in the world.
contemplated work, giving his chief attention to the tariff, with the Contrary to our anticipations, our foreign commerce has declined
view of ascertaining what modifications are required to adjust it to nearly fifty per cent, within the last six years.
The tonnage of
the system of internal taxes,- stimulate industry, and make labor American vessels engaged in the foreign carrying trade which en¬
policy as long as the public debt exists in
magnitude. The long-hoped-for. period when there
legal obstructions to a free exchange of
United States and other countries is still far in the future.
upon imports are not only necessary for revenue,
a
ent
are
one
on
•
revenue,
ever,
a
sources
or
revenues
to
productive.
tered United States ports was:
ability displayed by Mr. Well3 in the performance of
la I860
la 1865
as one of the commissioners for the revision of the internal
In 1866
'
revenue laws, and the heartiness with which he is prosecuting his
The tQDnage of such vessels which were
investigations, give the best assurance that he will perform
work in a manner creditable to himself, and satisfactory to Cong¬ States was :
ress and the people.
The Secretary addressed to him on the 14th In I860
...
day of September, 1866, a letter, from which the following
ex¬ In 1865
In 1866
tracted : “ In view of the fact that the revision of the tariff is cer¬
more
The
duties
his
,
the
is
tain to engage the attention of Congress at its next session, I con¬
sider it especially desirable that the Treasury Department should
be prepared to furnish as much information pertinent to the sub¬
ject as can be obtained and collected within the limited time avail¬
able for the necessary investigations.
You are, therefore, hereby
requested to- give the subject of the revision of the tariff especial
attention, and to report a bill which, if approved by Congress, will
be
substitute for all acts imposing customs duties, and which
n
a
will render the
administration of this branch
of the revenue system
simple, economical, and effective.
discharge of this duty, you will consider the necessity of
providing for a large, certain and permanent revenue, recollecting
the fact that the existing tariff has proved most effective in this di¬
rection. You will therefore endeavor, first, to secure for the Gov¬
ernment a revenue commensurate with its necessities ; and, second¬
more
“
In the
tons. 6,921.266
2,943,661
3,372,060
cleared from the United
tons. 6,165,924
3,025,134
3,383,176
The tonnage of foreign vessels w’hich entered our ports was:
I860
Vr:: k .,.. .tons* 2 853,911
:
1865
...8,216,WT
In 1866
34,410,424The tonnage of foreign vessels which were cleared was :
,
...tons, 2,624,005
In I860
1865
•;
3,595,128
. ... 4,438;384
In 1866
It is true that a large proportion of this diminution of shipping
and ship-building was the effect of the war. The srreat destruction
of merchant vessels by rebel cruisers not only induced sales to neu¬
trals, but discouraged building. After the war. however, the scar¬
city of American vessels ought to have produced, and, but for a
redundant currency and high taxes, would have produced activity
in
ship-yards and a rapid increase of tonnage ; but this has not
In
In
;
In
our
The prices of labor and materials are so high that
such modifications of the tariff laws now in force as ship-building cannot be made profitable in the United States, and
will better adjust and equalize the duties upon foreign imports with many of our ship-yard3 are being practically transferred to the
the internal taxes upon home production?. If this last result can British Provinces,
It i3 only a "few years since American ships
be obtained without detriment to the revenue, by reducing taxation were
sought after, on account of their superiority and cheapness ;
upon raw materials and machinery of home productions, rather and large numbers of vessels were built iu Maine and other States
than by increasing the rates of imports, it would, in my opinion, on foreign account, or sold to foreigners, while, at the same time,
by decreasing the cost of production and increasing the purchas¬ our own mercantile marine was being rapidly increased. Now
ing power of wages, greatly promote the interests of the whole many of our ship-yard3 are abandoned, and in others very little
country.”
activity prevails. It is true there has recently been some increase
There is no subject which has in times past provoked so much in our foreign tonnage, but a good part of this iuerease is apparent
discussion, and in regard to which opinions have differed so widely, only, and is the result of the new rule of admeasurement. It is an
as the tariff.
It has been a standing matter of sectional and politi¬ important truth that vessels can be built very much cheaper in the
cal strife for nearly half a century, and the sentiment of the people British Provinces than in Maine. Nay, further, that timber can in regard to it is still quite as much divided as when the discussion be taken from Virginia to the Provinces, and from these Provinces
of it commenced. Always a complex and difficult question, it is to England, and there made into ships which can be sold at a pro¬
particularly so at the present time. ■ Prior to the rebellion it had fit ; while the same kind of vessels can only be built in New Eng¬
no relation to internal taxes, for thi3 form of federal taxation was
land at a loss, by the most skillful and economical builders. But
then unknown to our people. It had little connection with the cur¬ the evil does not stop here; if the only loss w>us that w’hich the
rency, for, until the year 1862, although the banks had repeatedly country sustained by the discontinuance of ship building, there
suspended specie payments, specie wa3 the only, legally-recognized would be less cause of complaint. It is a well established genera 1
standard of value in the United States. Now the question of the fact, that the people who build ships navigate them, and that a
tariff is to be considered iu connection with a permanent system of nation which ceases, to build ships ceases, of eonsequeuce, to be a
internal taxes and a depreciated, but it is hoped a temporary legal- commercial and maritime nation. Unless, therefore, the causes
tender currency. It is obvious that a scale of duties upon imports which prevent the building of ships in the United States shall cease,
which might have been sufficient, judicious, and beneficial, when
ly, to propose
t
-v.g;
been the case.
718
THE CHRONICLE.
[December 8,1866.
the
foreign carrying trade, even of oar own
yielded to other nations. To this humiliationproduction, mast be amount of the five-twenties now held in England and
and loss the
upon the
of the United States
people continent, has been returned to the United
ought not to be subjected. If other branches real
States in the form of
of industry are to
capital. But if this were not a true statement of the
prosper, if agriculture is to be
case, the
profitable, and fact exists, as has been
manufactures are to be
already stated, that some three hundred and
extended, the commerce of the country must
be restored, sustained
fifty millions of Government bonds not to mention State and rail¬
and increased. The United
States will not road bonds aud other
be a first-class
securities—are in the hands of the citizens of
power among the nations, nor will her
other indus¬ other
trial interests continue
countries, which may be returned at any time for sale in the
long to prosper as they ought, if her com¬ United
merce shall be
States, aDd which, being so held, may
permitted to languish.
seriously embarrass
our efforts to return to
The same causes—a
redundant curreucy and
specie payments. After giving the subject
vent
pre
shipbuilding, tend to prevent the buildinghigh taxes—-thateven careful consideration, the Secretary has concluded that it is advisa¬
of houses and
of manufactories.
ble that he should be authorized
So high are
to issue bonds not
prices of every description that men than
having
hesitate to build
twenty years to run, and bearing a low rate of interest, more
dwellings as fast as they are required, and thus able in
pay¬
rents are so advanced
England
as to be
oppressive to lessees, and the healthy cents, now held or Germany, to be used in taking up the six per.
growth ol towns and cities is retarded. So
abroad, and in meeting any foreign demand for in¬
it is in regard to manu¬
vestment that may exist.
factories. Mills which were built
The question now to be considered is
before the war can
ably, but so expensive are labor and materials that be run profit¬ not bow shall our bonds be prevented from
going abroad, for a
new mills can¬
not be erected and
large amount has already gone, and others will follow as
put into operation with any
long as
prospect of fair re¬ our credit is good and we continue to
turns upon the
investment, unless upon the expectation that taxes for in
buy more than we can pay
will remain as
aDy other way, but how shall they be
they are, and prices be sustained, if they are not ad¬
prevented from being
vanced.
thrown upon the home
The same causes are
market, to thwart our efforts in restoring
injuriously affecting agriculture and the specie standard. The
other interests which it is
not
Secretary sees no practical method of
necessary to particularize. It is every¬
where observed that
existing high prices are not only oppressing the doiug this at an early day, but by substituting for them bonds
masses of the
which, being payable
people, but are
principal and interest in
growth, and prosperity of the seriously checking the development, likely to be returned when their return is the Europe, will be less
least desired. The
country. It is not denied that the holders of our securities
losses which the
in Europe are now
country has sustained of able-bodied men
subject to great incon¬
war is one cause of
by the venience and not a little expense in
collecting their coupons; and
existing high prices; but mainly they are the it is
result ot a redundant
supposed that five per cent, or perhaps four and a half
currency and high taxes.
per
To raise the
cent, bonds, payable in London or
large revenue which is uowt required,
Frankfort, could be substituted
by systems of for our six per cents, without
internal and external
any other expense
duties, which, working in
neither repress
harmony, shall States than the trifling commissions to the agents to the United
industry nor check enterprise, and which shall be so the
through whom
devised as to make taxation bear
exchanges might be made. The saving'of interest to be thus
most heavily
upon those who are effected would be no
most bent fitted
inconsiderable item; and the
by taxes and by the debt which renders taxation
advantages of
having our bonds in Europe placed in the hands of actual investors
necessary, requires great practical
knowledge and wise statesman¬ is too important to be
ship. 'i his subject, always an
disregarded.
interesting one to the heavily in¬
debted nations of
Europe, has become, as one of the results of the of Fifth—The fifth and last remedy suggested is, the rehabilitation
the States
war, deeply interesting to the
receutly^in insurrection.
people of the United States. The
In alludiDg to this subject, the
Secretary does not, as before stated, intend to discuss
Secretary feels that he steps upon
it, but he dangerous ground, and that he
ventures to
suggest that the following general
may be charged with introducing a
principles, some of political topic in a financial
which have been acted
report; but, in his opinion, there ishio
upon by Congress, and the correctness of all
of which has been
question now before the country more
proved by other nations, may be
important in its bearings
safely adopted upon our finances than the political and
as a guide to the
legislation that is now required:
consequently industrial
status of the Southern States.
First—That the fewest number of
Embracing, as they do, one-third
articles, consistent with the
amount of the revenue to be
raised, should be subjected to internal part of the richest lands of the country, and producing articles of
great value for home use and for exportation to other
taxes, in order that the system
may be simple in its execution, and their
countries,
as little offensive and
position with regard to the General Government cannot re¬
annoying as possible to the tax payers.
main unsettled, and their industrial
Second—That the duties upon
pursuits cannot continue to be
imported commodities should cor¬
seriously disturbed, without causing such a diminution of the
respond and harmonize with the taxes
upon home productions ; and duction of their
pro¬
that these duties should not be
so
high as to be prohibitory, nor to and render still great staples as must necessarily affect our revenues,
build up home
monopolies, nor to prevent that free exchange of relations with more unsatisfactory than they now are, our trade
commodities which is the life of commerce.
Europe. As long as the present anomalous condition
Nor, on the other hand, of these States continues—as
should they be so low as to
long as they have no participation iii
seriously impair the revenues, nor to the Government, to the
subject the home manufacturers, burdened with
support of which they are compelled to
heavy internal taxes, contribute—it is idle to
to a
competition with cheaper labor and larger
expect that their industry will be restored
capital which they or their productions increased. On the
may be unable to sustain.
contrary, there is reason to
apprehend that until harmonious relations again exist between the
Third—That the raw materials used in
ing, and which are to be largely eubancedbuilding and manufactur¬ Federal Government and these States, the condition of their indus¬
in value by the labor trial interests will
which is to be
become day by day more uncertain
expended upon them, should be exempted from taxa¬
and unsatis¬
tion, or that the taxes upon them should be low in
factory. There will be no real prosperity in these States,
and con¬
comparison with sequently no real
the taxes upon other articles.
prosperity in one-third part of the United States,
This is the policy of other
enlight¬ until all possess again equal privileges under the
ened nations, and it is believed
that the diminution of direct revenue
Constitution. Can
the nation be regarded as in a
which it would
involve, if adopted by the United States, would be of so
healthy condition when the industry
more than made
large a portion of it is deranged 1 And can the labor
up by the augmented value which it would
ques¬
give to tion at the South be settled as long as the
labor, and by the increase of
political status of the
productions and of exports which South is unsettled ? Can
would be sure to result from it.
the national credit be elevated
It should be
and the
constantly borne in public debt be
mini, that taxes upon raw materials
rapidly * reduced Unless the Southern States
directly
production, and thus tend either to reduce the increase the cost of shall largely contribute to the public revenues, and can such con¬
product of labor or tributions be relied
to prevent
upon as long as they remain in their
exportations to foreign markets.
present
disfranchised condition? Will the
Fourth—That the burdens of taxes should fall
tax-payers of
chiefly upon those tinue to be patient, unless their burden of taxation the North con¬
.whose interests are
can be lessened
protected by taxation, and upon those to whom
the public debt is a source of
by being equally shared by the people of the South ?
wealth and profit, and
Regarded
lightly upon thus as a purely financial question, the relation of
the laboring classes, to whom
taxation and the debt are without so
these States to
the Federal U nion is an
many compensatory advantages.
exceedingly
and as such it demands the calm andinteresting and important one,
The next of the series of
careful consideration of Con¬
proposed remedies is an issue of bonds, gress.
bearing interest at the rate of not exceeding five per cent, and
The Secretary has thus
pay¬
able in Europe, to an amount
presented in such manner as his
sufficient to absorb the six
pressing
per cent, official duties would permit, his views of
bonds in foreign hands, and
the financial condition of
supply the European demand for Uni¬ the
ted States securities for
country, the causes of trouble, present and
permanent investment.
No one regrets remedies for the
prospective, and the
same.
If these remedial measures shall
more than the
Secretary, the fact that so large an amount of our
be approved
bonds is held abroad, or the unfortuuate
by Congress, and enforced by appropriate
condition of our trade that dent that
legislation, he is confi¬
has transferred them thither.
specie payments may be resumed
The opinion that the
country has bearing notes are retired, which must be by the time our interestbeen benefitted by the
done in less than two
exportation of its securities, is founded upon
the supposition that we have received
years, and probably will be in a much shorter
real capital in
period.
These measures look to an increase of
exchange* for
them. This supposition is, to a
labor, and consequently of
great extent, unfounded. Our
production—to a fulfilment of obligations
bonds have gone abroad to
by the Government and
pay for goods, which, without them, the Banks—to a
reduction of the public debt at the
might not have been purchased. Not only have we
same time that
taxes are being equalized
exported the
aud lessened—to lower prices, and
surplus products of our mines and our fields, with no small amount
appa¬
of our manufactures, but a
large amount of securities also, to pay rently harder, but really more prosperous times—to a restoration of
for the articles which we have
specie payments without the financial troubles which
purchased from other countries. a
usually precede
That these purchases have been
resumption after a long period of suspension
stimulated and increased
by the Secretary does not mean to assert that the and inflation. The
facility of paying lor them in bonds, can hardly be doubted. Our
adoption of all these
importation of goods have been increased by nearly the amount of measures (although he regards each as important) is absolutely
the bends which have been
exported. Not one dollar in five of the necessary to return to specie paymeuts, nor that other remedies may
not be adopted
by Congress to rescue the country from
impending
•
-
;
,
■
.';„c
./_
-
/'V
-.xr >$*
«
'
-S'-'
December 8,
THE
I860.]
CHRONICLE.
financial troubles. He presents, as he considers it to be his duty to
do, his own views, and asks that they may receive careful considera¬
tion, and be adopted if they commend themselves to the wisdom of
Congress, and rejected if measures better calculated to secure the
desired end can be devised. The most sanguine and hopeful must
The
expenditures
are
estimated
For the civil service
For pensions and Indiana
For the War Department,
including
foi bounties
For the Navy Department
For ieterest on the public debt
perceive that the business of the country cannot for a much longer
time be run upon the present high level with safety.
The specu¬ Leaving a surplus
lative interest,
large and powerful in itself, i9 receiving daily new
accessions of strength by the increase of individual credits; and
when speculators and debtors control the financial policy of the
country, a financial collapse is inevitable. These untoward and
dangerous influences can now be resisted, and the true interests of
the people require that they should be resisted promptly and de¬
cisively.
Unsatisfactory as is, in many respects, our condition, there is
cause for congratulation that we have thus far escaped those severe
financial troubles which usually befall nations at the close of expen¬
sive and protracted wars.
With our vast resources and the buoyant
and persistent energy of a free people, Jt will be our own fault if we
do not escape them altogether.
The Secretary has pointed out the financial dangers around and
before us, in order that they may be considered and avoided before
they culminate in general disaster. Strong as is his conviction
that we have been for some time, and still are, moving in the wrong
direction, and that much of our prosperity is unreal and unreliable,
his confidence in the ability of the country to right itself speedily is
719
penditures of
as
follows
:
$50,067,342 08
25,388,489 09
■...
$64,000,000
.
of estimated receipts
over
110,861,961 89
30,251,605 26
133,678,243 00estimated
$359,247,641 32
ex¬
$85,752,358 68
In regard to the commercial intercourse between the United
States and British America, the Secretary adheres to the
general
opinion expressed in his report of 1865, that until our revenue sys¬
tem is fully revised and
adjusted to the financial situation of the
country, this subject should not to be placed beyond the control of
Congress, but should be left to concurrent legislation and such
regulations as the Treasury Department may be authorized by law
to prescribe.
Another reason for arrangements thus flexible is pre¬
sented by the uncertainty of the political situation of British
America.
The scheme of
confederation, which proposes to transfer
questions of revenue and external trade to a single central authority,
has not been adopted, and the opposition
to the measure may pre¬
vail with the new ministry of England, either to modify
materially
the terms of the Quebec convention, or to subject the whole measure
to the hazards of a popular vote in the Provinces.
However the political problem may be solved, it is not
unlikely
that when the United States shall have simplified
existing methods,
and reduced existing rates of taxation, so as to receive the
largest
unshaken. We have but touched the surface of our resources—the
amount of revenue with the least burden to industry, British America
great mines of our national wealth are yet to be developed. The will be prepared to undertake a system of
experiences of the past four years have only assured us of our along,the channel of the St. Lawrence andpublic improvements
strength. It is only necessary that our true situation be understood British America to the Pacific coast, which, through Northwest
by the financial ne¬
in order that the proper remedies may be applied. There is no in¬
cessities attending its adoption and the administration of a federal
surmountable obstacle in the way of restoration to perfect financial
government, will suggest a Zollverein, or a complete assimilation of
health, without the painful trials to which it is apprehended we must excise and
custom duties on each side of the northern frontier.
At
first be subjected. To be a co-worker with Congress and the people
present, inaction upon this subject would appear to be the true
in effecting this most desirable result has been, and will continue to
policy of the United States.
*
*■
*
*
*
be, the highest aim of the Secretary.
*
*
*
*
*
*
*
*
After a careful survey of the whole field, the Secretary is of the
The Secretary is under obligations to the officers and clerks of
opinion that specie payments may be resumed, and ought to be re¬ the Department for the
very satisfactory manner in which, with few
sumed, as early as the first day of July, 1868, while he indulges the
exceptions, they have during the past year performed their import¬
hope that such will be the character of future legislation, and such ant and
responsible duties.
the condition of our productive industry, that this most desirable
Hugh McCulloch, Secretary.
event may be brought about at a still earlier day.
Hon. Schuyler Colfax,
•
The following is a statement of the public debt, June 30, and
Speaker of the House of Representatives.
October 31, 1866, exclusive of cash in Treasury :
,
.
iV
Denominations.
Jume 30,1866.
$171,219,100 00
Oct. 81, 1866.
$171,069,350 00
6.042,000 00
9,882,000 00
722,205,600 00
Bonds, 10-40’s, 6 per cent, due in 1904
Bonds, Pacific R. R.6per cent., dme in 1895
823,944,000 00
-•
Bonds, 5-20’s 6 per cent, due in 1882, 1884
and 1885
Bonds, 6 per cent., due in 1881
Bonds, 6 per cent., due in 1880.
265,317,700
18,415,000
20,000,000
7,022,000
Bonds, 6 percent., due in 1874
Bonds, 5 per cent., due in 1871
Navy pension fund, 6 per cent
Total
00
00
00
00
265,324,750
18,415,000
20,000,000
7,022,000
11,750,000
00
00
00
159,012,140 00
806,261,550 00
148,512,140 00
724,014,300 00
$983,587,281 80
$888,560,181 80
presented
$559,000 00
$384,000 00
presented
3,815,675 80
:
7-80Treasury notes, due in 1867 and 1868.
Total
7,742,800 00
Bonds, Texas indemnity, past due, not
Bonds, Treasury notes, &c., past due, not
Bonds, Treasury notes temporary loan,
certificates of indebtedness, &c., past
due, not presented
36,604,909 21
.
Office
Comptroller of
Sir
tional
$4,374,675 80
In
Or- Clos g
or
States and Territories .ganOper- Capital ized. clos’d. ation.
paid in.
61
61
Maine
$9,085,000 00
39
39
New Hampshire
4,715,118 07
39
39
Vermont
6,310,012 50
62
62
Rhode Island
20,364,800 00
1
Massachusetts..
208
207
79,982,000 00
81
1
82
Connecticut
24,584,220 09
313
5
308 116,267,941 00
New York
54
54
New Jersey
11,233,350 00
202
201
2
49,200,765 00
Pennsylvania*..
32
32
12,590,202 50
Maryland
1
11
11
Delawaie
1,428,185 00
6
5
District of Columbia.
2
1,550,000 00
20
20
2,500,000 00
Virginia
15
15
West Virginia
2,216,400 00
Ohio
136
ll5
i
21,804,700 00
i
71
Indiana
72
12,867,000 00
82
82
Dlinois
11,570,000 00
•
•
•
•
t
$120,176,196 65
indebtedness, past due, not
presented .7.
26,391,000 00
Total
$146,567,196 65
United States notes
Fractional currency
Gold certificates of deposit
.
$400,891,368 00
27,070,876 06
10,713,180 00
$438,675,424 96
$428,680,775 33
$2,783,425,879 21
132,687,649 11
Total
$390,195,785 00
27,588,010 33
10,896,980 00
$2,681,636,966 34
130,326,960 62
;
Total debt
Cash in Treasury
The
Secretary estimates that the receipts for the three quarters
ending June 30,1867, will be as follows :
Receipts from customs
Receipts from lands
Receipts from internal revenue.7.7
Receipts from miscellaneous sources
The expenditures, according to
For the civil service
For pensions and Indians
For the War Department, .including
000 for bounties
For the Navy Department
For interest on the public debt
Leaving
a
500,000 00
186,000,000 00
20,000,000 00— $316,5^0,000 00
37,405,947 39
12,262,217 21
receipts for the next fiscal
estimated
as
follows
79,330,856 04
year
ending June 30, 1868,
:
From customs
From internal revenue
*
From lands...
*19® ®i$99Uwi99W mw*,,,,
ex¬
.
,
are
•
•
6,411,000
14,144,610
64,270,300
19,471,500
75,970,400
10.324,150
43,324,360
10,052,760
1,348,200
1,442,000
2,397,000
2,236,750
20,771,900
12,400,850
10,818,400
•
43
Wisconsin
Iowa
Minnesota
Kansas
Missouri
,
Kentucky
Tennessee
North Carolina
South Carolina
Arkansas
Alabama
Utah..,
Oregon
Texas
Nevada & Montana
..
15
4
17
35
10
3
3
3
2
9
5
2
2
3
1
1
4
2
42
l
37
37
46
l
T
-
-
-
2
.
45
15
4
15
15
10
3
3
8
2
9
5
2
2
3
4,985,010 00
2,935,000 00
3,697,00 > 00
1,660,000 00
325,000 00
4,079,000 00
2,840,000 00
4,313,600
2,848,750
3,680,150
1,682,200
332,000
2,903,100
2,645,000
00
00
-
1
100,000 eo
548,700 00
235,000 00
2
1,096,790
150,000
59,500
65,500
1,124,000
228,600
126,000
179,500
262,600
44,970
88,500
75,000
1,305,500
309,000
140,000
.
150.000 00
1
4
18,875,230
1,306,200
853,000
134,0 0
00
00
00
00
500,000 00
20 >,000 00
500,000 00
,
-
10,888,280
9,448,415
8,778,900
2,512,750
3,204,895
1,484,000
269,000
2,712,490
2,311,270
180,00J
1,700,000 00
1,800,000
200,000
350,000
150,000
1,700,000
370,750
*
4,121,253
5,670,800
12,369,860
56,740,570
17,177,450
67,185,485
9,030,745
38,099,640
8,746,450
1,179,800
1,276,600
2,044,900
1,980,650
2 0,000
304,000
50,000
100,000
403,500
195,000
727.000
337,750
166,000
1,663
16 1,647 $417,245,154 07 $332,467,700 $292,671,758
From the number of banks organized, heretofore stated to ba
$145,000,000 00
265,000,000 00
1,000,000 00
35,000,090
Michigan
Georgia
23,144,810 31
105,551,512 00- $237,169,143 96
•
issued.
$7,451,820
4,727,000
.
,
-
Mississippi
58,804,657 05
m
~
Colorado
$15,000,-
m
Circulation
deposited.
$8,396,250
~
Louisiana
Nebraska
his estimates, will be—-
surplus of estimated receipts over estimated
penditures of
The
$110,000,000 00
Bonds
<
.
m
•
Temporary loan, ten days’ notice
Certificates of
$36,988,909 21
ths
the
compliance with the provisions of section 61 of the Na¬
Currency act, I have the honor to present through you to the
Congress of the United States the following report:
Since the last annual report sixty-two (62) National Banks have
been organized, of which fifty-one (51) are new associations, and
eleven (11) are conversions of existing State Banks to the national
system, making the total number organized up to October 1, one
thousand six hundred and sixty three, (1,663.)
The following table will exhibit the number of banks, with the
amount of capital and circulation in each State and Territory ;
:
..
Total
of
Currency,
Washington, 1866.
00
$1,327,407,100 00
$8,290,941 80
1868
\
00
$1,210,221,800 00
$8,908,341 80
9,415,250 00
Bonds, 6 per cent., due in 1868
Bonds, 6 per cent., due in lt:67
Compound interest notes, due in 1867 and
REPORT OF THE COMPTROLLER OF THE CURRENCY.
•
and 1896
$436,000,000 00
sixteen hundred and
sixty-three, should be deducted sixteen, leav*
V,.,
<
rf*-;
*'«*
sp.-«
^-:
ff\
ing the number
in active operation sixteen
hundred and forty-
seven.
ded
The banks to be
are
the following-:
ORGANIZATION SO
THEIR
COMPLETED
AS
TO
COMMENCE
BUSINESS.
The
The
The
The
Lansing, Michigan.
First National Bank of
of Penn Yan, New York.
Second National Bank of Canton, Ohio.
Second National Bank of Ottumwa, Iowa.
First National Bank
BY
SUPERSEDED
SUBSEQUENT
WITH
ORGANIZATIONS
SAME
THE
The First National
The First National
IN
TIIE
HANDS OF
The First National Bank of Attica, New York.
The Venango National Bank of Franklin,
The Merchants’ National Bank of Washington,
District of Co¬
national system.
The bank cir¬
States in January, 1862, was one hundred
eighty-four millions of dollars, distributed as follows :
States
$144,000,000
*.
...
Subsequent to this date no
lumbia.
the Southern States.
40,000,000
further returns were received from
Immediately following the suspension of specie payments there
expansion of bank note circulation, which reached, in Jan¬
uary, 1863, in the Northern States alone, two hundred millions of
dollars, making an increase in one year of fifty six millious. Re.
lieved of all liability to redeem, the evident tendency of the banks
was to still greater expansion.
No reliable returns later than
January, 1863, are accessible ; but the prevailing tendency of the
times towards inflation, and the great temptation to banks to avail
themselves of the opportunity to put in circulation very largo
amounts of their notes, without any restraints in the way of re*
demptions, would favor the opinion that this was not the" highest
point reached by the circulation of State banks. The forty mil¬
lions of currency in the Southern States may now be added, giving
an aggregate of two hundred and forty millions State bank circu¬
lation, which has been in great part replaced by national currency.
Without making any invidious comparisions, it is no injustice to
say that the substitution of a currency based upon United States
was an
AND
CLOSING UNDER
THE
THE
PROVISIONS OF SECTION
42 OF
ACT.
The First National Bank of Columbia, Missouri.
The First National Bank of Carondelet, Missouri.
The First National Bank of Leonardsville, New York.
The National Union Bank of Rochester, New York.
The Pittston National Bank, PittstOD, Pennsylvania,
consoli¬
National Bank of Pittston, Pennsylvania.
Berkshire National Bank of Adams, Massachusetts, consoli¬
dated with the First
dated with the First National Bank of Adams, Massachusetts.
The Fourth National Bank of Indianapolis, Indiana, consolidated
with the Citizens’ National Bank of Indianapolis, Indiana.
An abstract, by States, of the quarterly returns made to
office for the quarters ending January 1, April 2, July 2, and
ber 1, 1866, with a detailed
of the condition
at the close of the last quarter, is herewith submitted.
A statement showing the names and compensation of the clerks
and employes, and the total expenses of the
this
Octo¬
of each bank
"statement
bureau for the fiscal
Two banks which had given notice of going into liquidation un¬
der section 42 of the act, prior to the date of the last report, have
paid over to Treasurer of the United States the amount of their
outstanding circulation in lawful money and taken up the bonds
which they had on deposit with the Treasurer for the security of
year
This statement shows an increase of something more than one
hundred millions of national currency ; but during the same period
national banks which have been converted from State banks have
retired fully fifty millions of their State circulation, making the ac¬
tual increase in the volume of currency only about fifty millions.
To correct a misapprehension which exists in the minds of many
that the entire amount of national circulation issued has been
added to the volume of currency, it may be well to take into con¬
sideration the amount of State bank circulation at a period just
Northern and Weatern
Southern States
Pennsylvania.
The
Increase of circulation issued
and
RECEIVERS.
66,947,750
101,834,Qt8
deposited to secure circulation
culation of the United
Bank of Norwich, Connecticut.
Bank of Utica, New York.
$21,516,667
Increase of capital paid in
Increase of bonds
prior to the inauguration of the
TITLES.
CLOSED
[December 8,1866.
THE CHRONICLE.
720
NEVER
;
ending June 30, 1866,
is also appended.
such notes, as follows, viz :
The First National Bank of Columbia, Missouri, $11,990.
The First National Bank of Carondelet, Missouri,
These banks are now closed.
$25,500.
Daring the pa9t year the First National Bank of Leonardsville,
and the National Union Bank of Rochester, New York,
have voluntarily given notice of going into liquidation as required
by law.
The First National Bank of Leonardsville has a
New York,
$50,000
Capital of
Bonds deposited
60,500
45,000
Circulation.. Jl
The National
Capital of
Bonds deposited
Union Bank of Rochester
has
a
$400,000
bonds, secure beyond any contingency, for the miscellaneous issues
banks, has done much towards sustaining public confi¬
dence, and preventing distrust and possible financial disaster.
of State
REDEMPTION. k
stands provides for the redemption of national
in the cities of St. Louis, Louisville, Chicago, Detroit,
Milwaukee, New Orleans, Cincinnati, Cleveland, Pittsburg, Balti¬
more, Philadelphia, Boston, New York, Albany, Leavenworth,
San Francisco and Washington. An amendment to the law was
The law as it now
currency
proposed during the last session of Congress, requiring all Na¬
tional banks to redeem either in Boston, New York or Philadel¬
phia, but was postponed until the present session. Some system
of practical and effective redemptions is desirable for the preserva¬
tion of a healthy currency, and as a safeguard against redundancy.
Under the existing requirements, thirteen hundred and twenty
banks out of sixteen hundred and fortj'-seven voluntarily redeem
in New York, Boston and Philadelphia. The banks represent two
hundred and forty millions of currency, of which three-fourths are
redeemed in New York.
The same arguments urged in favor of requiring redemptions in
these three cities would, if carried to their logical conclusion, estab¬
lish the expediency of requiring redemptions at one
central point.
bank in the United States is obliged
neces¬
250,000 sities of business to keep an account in New York by the clearly
city;
Circulation
192,500
showing the current of trade and the tendency of money, and afford¬
The Merchants’s National Bank of Washington and the Venaning evidence that New York is the great commercial and financial
go National Bank of Franklin, Pennsylvania, having failed to re¬ centre.
■
*
•
deem their circulating notes when presented for that purpose, have
A currency of uniform value in all sections of the Union is of
been placed in the hands of receivers as required by law. The cir¬
the highest importance to the' commercial and industrial interests of
cumstances attending the failure of these two banks were fully in¬
the country. The notes may be of uniform design and have the
vestigated and reported by a committee of the House of Represen¬ same ultimate security, but these conditions,, though steps in the
tatives during the last session of Congress.
The receiver of the First National Bank of Attica, New York, right direction, will not compass the end in view, unless the notes
are available at par for the payment of debts and settlement of
has brought his labors nearly to a close, and a dividend will be
balances at the financial centre.
declared to the general creditors of the bank on or about the first
Banks of issue are a necessity of our financial system, recog¬
of January, 18C7.
The bonds deposited to secure its circulating nized, encouraged and protected by the Government for the public
notes, namely, $31,500 of six per cent, and $18,500 of five per
good. In return for privileges conferred they should be required
cent, bonds, were sold at public auction in the city of New York
to make their issues conform to the demands of trade.
The de¬
on the 8th day of October last, in accordance with the provisions
mands of trade require currency that will pay debt3 at the centre
of section forty-eight of the Currency act.
The net amount real¬ of trade. If the banks do not furnish a circulation that will eonized from the sale was $51,556 25. Of this sum, $44,000 was de¬
form to this standard, their issues will be depreciated and the loss
posited with the Treasurer of the United States for the redemp¬ will fall upon the business of the country.
tion of the outstanding circulation of the bank, and, under in¬
The question is whether this tax shall be borne by the people,
structions of the receiver, $7,556 25 was paid into the treasury,
while the banks reap the profit, or whether the banks shall perform
according to the provisions of section fifty of the act for the bene¬ their whole duty by famishing a currency which shall be available
fit of the general creditors of the bank. The amount of outstand¬
for the payment of debts everywhere, and thus complete the condi¬
ing circulation redeemed to October 1 was $5,320.
tions necessary for a “ uniform value.” This question is one of
With these exceptions, the national banks throughout the Uni¬
ted States seem to be in a sound and healthy condition, as evi¬ growing importance, and one that presses for an early eolation.
National banks in Boston, New York and Philadelphia recognize
denced by their quarterly reports to this office, verified by careful
their obligations to meet every demand in lawful money of the.
examinations made by agents appointed for that purpose. Their
United States, whether it be gold and silver or legal tender notea.
total resources on the 1st of October last were $1,525,493,960 ;
their liabilities to the public for circulation and deposits were They are obliged by law to receive in payment of debts the notes
of evesy
$1,024,274,386 ,* leaving a surplus of $601,221,574 for capital tomers toother National bank ; but they cannot compel their cus¬
receive the same notes for their balances due from the
and earniDgs, which are likewise a pledge for the payment of all
banks; and here lies a difficulty which will subject the banks in
debts to the public.
those cities periodically to very great embarrassment.
The increase of ‘capital, bonds, and circulation of national banks
The tendency of mosey to accumulate in these centres of trade
fox the year ending October 1, 1866, has been as follows;
Every national
.
December 8,
I860.]
THE CHRONICLE
721
—except at certain seasons of the year, when it is needed to bring garded as unsafe. Conservative banks should not countenance or
forward the products of the Middle, Western and Southern States aid
speculation; aud New York City banks, made by law the
—is a fact which cannot be questioned. These banks are
obliged custodians of the available jneanfr for redeeming the circulation of
to receive all that is offered, but cannot
pay it out. An escape from all the banks in the United States, should be the most conservative
this dilemma may be found in either of three different ways.
First, of all banks. They should not be allowed to jeopardize the funds
the banks may be relieved from the obligation to receive this cur¬ of the
country banks by loaning them for speculation, and they
rency in payment of debt9; or, secondly, national currency notes would not, if they were not
obliged to pay interest on them. Stop
may be made a legal tender from the bank to its customers; or the payment of interest, and the
temptation to make improper use
else, thirdly, national currency may be kept at par by redemption of such funds is removed.
at the great centres of trade.
The only way in which the evil in
question can be reached, if it
Without discussing the
expediency of acting in accordance with can be remedied at all, is by a law prohibiting every national bank
either of the two suggestions first named—because the first method from
paying or receiving interest on bank balances, and the pro¬
would leave the currency in a worse condition than it now is, a-id
priety of sach a law is recommended to the consideration of Con¬
because the second method would be
arbitrary, and would place gress.
national bank notes on a par with United States notes, the
necessity
Concurrently with a practicable system of redemptions, a gradual
for which is not apparent at this
juucture—the natural and most reduction of the volume of legal-tender notes would operate bene¬
feasible method would seem to be that
requiring the banks to keep ficially upon the character of the national currency, by
checking its
their own issue at par by redemptious a3 above stated.
expansion beyond the necessities of business. If legal-tenders were
Under existing circumstances this
requirement cannot be onerous; reduced to such an extent that the amount in circulation should not
lawful money, which now stands as the
representative of specie, as exceed the sum required to perform the functions of lawful
money
the agency of redemptions,
being materially in excess of the cur¬ as the substitute tor specie, redemptions would be more
stringent,
rency to be redeemed, would make the inauguration of a system of and banks would be
compelled to regulate their issues by the de¬
central redemption feasible and practicable to an
exceptional de¬ mands of trade.
gree. Four-fifths of the banks have voluntarily recognized the pro¬
A law enacted during the last session of
Congress provides that
priety and expediency of such a course by selecting their redemp¬ the Secretary of the
Treasury may diminish the volume of the
tion agencies in New York, Philadelphia and Boston. Justice re¬ United States notes
in circulation, not to exceed four millious
of
quires that those banks which are willing to conform to the highest dollars in auy one month.
Taking four hundred millions as the
standard should be sustained ; and this can be done
effectually only point Irom which the diminution commences, a regular reduction of
,by requiring all to place themselves on the same ground. It is lour millious each month would leave at the
expiration of two years
questionable, however, whether this object would be best attaiued three hundred millions of legal-tender notes
inexistence; or one
by the plan proposed in House bill No. 771, which was postponed dollar in lawful money for the
redemption of each dollar of uational
to the present session.
This bill provides that every bank shall re¬ currency authorized. This ratio would
hardly render redemptions
deem its circulating notes at an association in one on the seventeen
sufficiently stringent to produce much effect on bank circulation;
cities named in section thirty-one of the
currency act! but that each but if this poiut could be reached by the expiration of one
year, the
bank in those cities shall redeem in New York,
effect would be more
Boston, its
and the notes of every other
Plfilmlelphia,
decided.
or
month would beat the rate of one hundred and
bapj^pr which
may be the redemption agent. The object of the 125t provision thirty three thousand dollars
per day; but if bankers should see the
indirectly to compel every bank to redeem either in New York, means for the redemption of their issues
Philadelphia or Boston; not so indirectly, however, but that its two hundred and sixty thousand dollars diminishing at the rate of
per day, they would natu¬
purpose is perfectly evident, and therefore open to every objection rally and unavoidably curtail their circulation
to the lowest
that would be urged against a direct
poiut
requirement of law to that their busiuess would permit, and the benefits arising from a
practical
effect.
system of redemptious would begin to be realized.
In recommending redemptions in New York, there is no intention
This proposition is based
upon the presumption that it will be
to ignore the claims of any other section of the
the policy of the government to withdraw all its
country. There are
notes issued for
cities of great commercial importance in the Middle, Western, and circulation as fast as it shall
have the power to do go. The fact is
Southern States, whose financial interests demand consideration. not overlooked, however, that an
opinion prevails to some degree
The notes of banks located in those cities are,
by the provisions of adverse to this view of the case. It is frequently and
strenuously
the law as it now stands/redeemable in New York, and the man¬
urged that the government should keep its notes in
circulation, and
agers of those banks would not have it otherwise. If the law did thus have the use of so much
money without interest.
not require it, they would voluntarily redeem there.
It is proposed very briefly to consider this
The proposed
question. United
amendment only requires all other banks to do the same
thing. It States notes originated in the necessities of the government, not in
will give those cities and the banks in those cities a
currency that the necessities of trade and commerce. Their amount was
regulated,
is worth par in New York, instead of a depreciated
currency tnat not by the business necessities of the country, but
by the necessities
would be a continual clog upon all business operations.
of a great emergency, and was
only limited by reaching the max¬
If any particular section is not tributary to New York the fact imum of
expenditure during a time of war. The amount issued was
that the banks of that section are required’to redeem in New York
entirely arbitrary, so far as the business interests of the
will not make R tributary, but will make such
country
redemptions easy and were concerned, and altogether in excess of the demands of
trade,
in nowise burdensome. The commercial importance of
any place as i3 evident by the high prices borne by every kind of
commodity,
will force its own recognition ; money can be drawn from it
only and from the surplus of money subject to the control of speculators.
for the payment of its debts. Trade flows in natural
channels, and This currency cannot contract or expand from natural causes. It
money goes with it; wherever trade centres, there money will accu¬ was issued to save the country from
bankruptcy during a protracted
mulate sufficiently lor its wants.
struggle with armed rebellion, and can only be contracted by legal
If money is arbitrarily concentrated contrary to this
principle, it euactment of Congress. There is no element about it in
will flow back again, just as water will find its level. If the
sympathy
argu¬ with the commercial and industrial interests of the
country.
ment against redeeming in New York is based
The power of issuing notes to circulate as
upon the prepond
money
eratiDg importance of any other place as a centre of trade, it ceases to be placed at the mercy of political parties in a is too dangerous
government like
to be an argument, as, in the natural order of
things, the circula our3, and is fraught with possibilities of corruption jiud disaster cal¬
tion issued by banks in that place will be worth more ut home than
culated to excite the gravest upprehension iu the minds of
prudent
at any other point, and will
go home for the payment of balances men.
Having served the purpose lor which it was called into ex¬
rather than to New York lor redemption ;
consequently there will istence, provision should be made for its withdrawal.
be no hardship in the requirement.
If the argument is not based
On the other hand, banks are in direct
sympathy with trade, de¬
upon that assumption, it is an argument for the other side of the
pendent upou it for their profits ; they meet its wants by discounts
question : for if it is a hardship to redeem iu New York, the hard¬ uid by furnishing a circulating medium ;
currency i3 issued in ex¬
ship is evidence of the necessity.
cess of the demand, it is
immediately returned for redemption, and
If all national banks are required to redeem their issues in New contracts and
expands as trade requires. In a word, banks are
York, reciprocal obligations wili be imposed upon the banks of that amenable to the laws of trade, while the
government issues are not.
city. The balances kept in those banks will amount, in the aggre¬
Furthermore, the banks have rendered important aid to the
go¬
gate, to a very large sum, and there will be competition between vernment throughout the war, and
they have been largely instru¬
them for the accounts of the country
banks. Such competition al¬ mental in developing our national resources and
ready exists, and has led to the dangerous practice of paying inter¬ national wealth. The managers and stockholders increasing our
comprise a large,
est on
deposits. This practice is condemned by all prudent bank useful and public-spirited class in the community,
numbering over
ers; but where one does it others must do it, or lose the accouuts 200,000 citizens.
During the past year they have loaned to the
of good correspondents.
business of the countryman average of #600,000,000.
They now
A bank that pays interest on current balances is
obliged to keep boW one-fourth of the entire indebtedness of the United States.
its funds in constant use, or lose
money. Iu order to do this, loans They have redeemed and returned to the treasury of the Uuited
payable on call are made upon collateral security of more or less States over fourteen millions of mutilated
legal-tenders, and have
value; and there is so much competition for such loans that it has redeemed twenty-five millions of 7 30
coupons, to the very great
the effect to lower the standard of
security required. Everything convenience of both the public and the Treasury Department.
which causes extraordinary facilities iu
monetary transactions tends They have been instrumental in placing in the bands of the people
to produce excitement,
overtrading and speculation, sure to bring more than eleven hundred millions of Uuited States securities.
■, compensation sooner or later, if not checked,
in pressure, distress They have received and disbursed from the revenues seventeea hun¬
and disaster. Loans of this
description are made chiefly to specu¬ dred aud seventy-four millions of public moneys tree of expense to
lators, and that is reason enough why the practice should be re¬ the government.
*■ "
it
is
own uotes
Four millions per
»
THE
722
transporting and concentrating for disbursment this
without the agency of National banks,
uot less than three millions
The expense of
immense sum by ordinary means,
would have been, at a moderate estimate,
of dollars.
The net loss sustained by the
From this
«
statement it will be
evident that
which have secured the right in
Tbe second objection is this; that, granting the right of Congress to
withdraw circulation, as above stated, the plan is impracticable as a
of present relief, owing to the impossibility of securing the re¬
withdrawing it from .banks
rency by
strict conformity
government through the failure of two
banks, which were depositories of public moneys, will probably not ex¬
ceed six hundred thousands dollars, or about one-thirtieth of one per
cent, of the total amount involved, and about one-fifth of the amount it
would have cost the government to do the business without the aid of
the banka.
[December 8, 1866.
CHRONICLE.
to law.
measure
National banks, although
profit, yet
government and to
organized and managed by individuals for their own
are ca¬
pable of rendering important services both to the
the public, and have demonstrated their entire willingness to
such service ; and that if losses have occurred to the Government
perform
through their agency, the amount is small compared with the outlay
that would have been necessary to carry on the business without them
the necessary time.
circulation, are scattered
and from St. Lawrence
what banks the notes are is¬
sued, and, there being no established system of redemptions, they are
not and will not be returned to the bank of issue until they become so
mutilated as to make them difficult to circulate.
The second plan suggested is, by an increase of the amount of circu¬
lation to be issued. This plan is met by the assertion that it would
tend directly to a further jpflation of the currency. But this objection
may be obviated by proper care in so adjusting the increase that it
shall not at any time, or in any month, exceed the amount by which
legal-tender notes are diminished. If the proper mission of legal-tenders
fully understood, and the necessity of placing our currency on a
permanent basis—either of specie or legal-tenders, which stand as the
substitute for specie—were properly appreciated, there would be no
difficulty in providing for the proper reduction of the volume of legaltenders so as to leave room for a very moderate increase of national
currency, and yet secure a net reduction in the whole volume of the
currency.
The well-known views of the Secretary of the Treasury on this sub¬
ject, based upon the soundest principles of financial policy, only need to
be seconded and carried out by Congress in order to make the plan
suggested entirely safe and feasible.
r Bearing in mind the regular monthly reduction of legal tenders at
the rate of four millions per month, as provided for by law, an increase
of national currency not to exceed twenty-five millions, to be issued at
the rate of one or two millions per month, would probably meet all the
wants of all the States for two years to come.
As this seems to be
the only practicable method for the accomplishment of what is gener¬
ally admitted to be a desirable end, it is respectfully recommended to
the favorable consideration of Congress. If, eventually, the amount of
national currency thus increased appears to exceed the requirements of
the country, the system of redemptions recommended will unerringly
correct the evil, and ultimately bring about that equalization of National
currency among the different States and Territories which cannot be
of a .sufficient amount of circulation within
National currency notes, when once put in
from the Atlantic coast to the Rocky Mountains,
to the Gulf. No one ever looks to see by
turn
were
DISTRIBUTION OF THE
„
CIRCULATION
AUTHORIZED BY LAW.
of March 25,1863, provided for an apportionment of
to the several States and Territories as follows :
fifty millions according to representative population,
and fifty millions according to banking capital re
The original act
the National currency
one
hundred and
and
one
hundred
and business.
This requirement was repealed
the distribution to the discretion
sources
,
3,1864, which lefi;
By the amendment of March 3, 1865, the clause requiring an appor¬
tionment to be made was reenacted, but at the same date an amend¬
ment to section 7 of the Internal Revenue Act provided that all existing
State banks should have the right to become National banks, and shoulc
have the preference over new organizations up to the 1st day of July
1865.
These two amendments were not in harmony; for, if the apportion
made as required by the amendment to section 21, the State
ment
banks then in existence could not have been converted without exceed
ing in many instances the amount of circulation apportioned to the
different States. But, as it seemed to be the intention and policy of the
act to absorb all existing banking institutions, rather than to create new
banking interests in addition thereto, the Comptroller of the Currency
construed the amendments as to permit the conversion of State banks
by the act of June
of the
Comptroller of the Currency
was
so
action was to make a very un¬
equal distribution of the currency, some of the States receiving more
than they were entitled to by the apportionment, and leaving but a very
limited amount to be awarded to the Southern and some of the Western
without limitation.
The effect of this
States.
control of the currency
banking interests, it
bank facilities
in a condition
to avail themselves of the privileges granted in the National Currency
act at the time when they were offered, and when it was still possible
to obtain them, are now left almost entirely destitute of currency and
banking facilities. This deficiency is the occasion of great incouveni
and loss to the people of those states, and it is very desirable, for
Now, as the government has assumed entire
country, involving a direct supervision of its
becomes the duty of the government to provide adequate
to all sections. The states lately in rebellion not being
of the
ence
it should be supplied.
to all sections of the country, particularly to
the Northern States, that the South should be supplied with all the fa
cilities necessary for the production of the great staples of that sec¬
tion, because the export of these staples would reduce the exportation
many reasons, that
First. It is important
of gold.
eSecond. Although, to a limited extent, means
alists from other sections for the productions
effected
by immediate
and arbitrary measures.
AMENDMENTS.
and restrictions contained in the Na¬
compliance with which is essential to the
safety and success of the system. The Comptroller of the Currency is
expected to see that all the provisions of the law are enforced, but in a
majority of instances is left without the power to compel obedience in
case of persistent neglect or wilful disregard of the law on the part of
the banks. To remedy this defect certain amendments are sugge°ted :•
First—An amendment to section 18 authorizing the appointment of
receiver, whenever satisfactory evidence is furnished that any associa¬
tion is not carrying on the proper business of banking ; that any of its
reports required by law have been false or fraudulent; that its funds
have been wilfully misapplied by the officers or directors in violation of
law, or that it has committed any act of insolvency.
Second—An amendment to section 29, extending the provisions con¬
tained therein, so that the limitation to one-tenth of the capital shall
apply to all liabilities for money loaned or deposited, except balances
due from one national banking association to another. Large amounts
frequently placed in the hands of private bankers, ostensibly in the
regular course of business, but really, in a majority of instances, because
private bankers, not beiug restricted in their operations by law, are able
to offer greater inducements for the use of money; or, as is not unfrequently the case, private bankers have secured a controlling interest in
bank to divert its funds from legitimate banking, and use them in
speculation, <fcc. Every national bank that has failed may trace its ruin
to excessive deposits with private bankers and brokers, and there is
urgent necessity for such an amendment to section 29 as will prohibit
this practice.
Third'— An amendment to section 34 doing away with quarterly
statements, and requiring monthly statements, showing the condition of
each bank in detail. The present monthly statements are much too
vague and general to be of practical benefit, while the quarterly reports
There are many requirements
tional Currency Act, a strict
a
are
supplied by capit¬
of this region, yet the sup¬
ply is not equal to the demand, and foreign capitalists are thus enabled
to gain entire control over a very large proportion of valuable products,
yielding large profits to themselves, and leaving the country barely the
cost of the production.
This state of things naturally causes much dis¬
content and dissatisfaction among the producers.
Third—Prosperous industry is the most speedy and certain remedy
for the existing evils in the Southern States.
It will allay bitterness of
feeling, dissatifaction with the results of the war, and promote content¬
ment among the people.
The assistance that could be rendered for
the promotion of this end by local banking associations would be im¬
portant both in character and extent.
Besides, a community or iden¬
tity of financial and pecuniary interests would bring into exercise an
required, coming at comparatively long intervals and upon certain
element of great power for the assimilation of the aims, purposes and
specified days, enable banks to prepare for a good exhibit upon those
hopes of all the people of qll the States.- The extension of the Na¬ particular days. If detailed reports were required monthly the pre¬
tional banking system throughout the entire Union would bring about
paration on the part of the banks to make a good showing would be
such
identity of interest in the credit of the Government, and of the almost constant, and the Comptroller of the Currency would be enabled
entire system of banks, as would secure the active and zealous co-opera¬ to exercise much greater vigilance in carrying out the provisions of the
tion of all sections toward the preservation of such credit unimpaired. law.
Two methods have been suggested by which the Southern States can
Provision should also be made for the collection of penalties imposed
be supplied with banking facilities.
One is by an equalization of the for delinquencies in making reports, and for the disposition to be made
circulation already authorized by law among the different States and of the funds arising from such penalties when collected.
Territories. To this plan there are two serious objections : First, the
Fourth—An amendment to section 38, providing that where the
question arises as to the right of Congress to rescind any portion of the capital stock of an association has become impaired by losses or other¬
contract made with National Banks at the time of their organization, by wise, it shall be the duty of the directors to reduce the nominal capital
abrogating or restricting any of the rights secured by them in compli¬ and the circulation of the bank in such an amount as may be necessary,
with the law. It is true that Congress expressly reserved the right
to represent the actual capital of the association, as provided in „
at
time to “ amend, alter, or repeal ” the National Currency Act. section 13 of tbe act, or, upon a vote of the stockholders owning twoThe^ct of February 25, 1863, under which quite a number of banks thirds of the capital stock of the bank, to make a pro rata assessment
organized, was repealed by the Act of June 3, 1864. But the re\ upon the stockholders for an amount sufficient to make up the loss sus¬
pealing act contained this saving clause: “ Such repeal shall not affect^ tained ; and in case of failure to do one or the other within thirty-days
any appointment made, acts done, or proceedings had, or the organiza¬ after the amount of the loss is ascertained, the Comptroller of the Cur¬
tion, acts, or proceedings of any associations organized, or in process of rency may appoint a receiver to wind up the affairs of the bank.
organization, under the act aforesaidthus recognising the principle
Fifth—An amendment to section 59, making it a penal offence for
that the repeal should not affect any rights secured under, the former
any person to have in his possession, with intent to pass or utter, any
act.
alse, forged or counterfeit national bank note and requiring every
It is not proposed to enter into any elaborate argument upon this national banking association to cause every counterfeit note that may
question, but merely to suggest the donbts which may arise in connec¬ be presented at its counter to be stamped with the word “ counterfeit.
tion with any legislation looking to an equalization of the national cur¬
are
a
now
an
ance
so as
any
were
l
December 8,
Hie forms for these
provide for redemption in New York city, in
deemed
circulating notes to
bauking facili¬
points
the
proposed.
27
CEREALS, AUGUST
PRICKS OF
amendments, and for such changes in the law as
may be necessary to
or
the cities of New York, Boston and Philadelphia as may be
most expedient, and to provide for the issue of
banks that may be organized in states unsupplied with
ties, are not reported ; but the views expressed upon those
are
•submitted for such action as may be judged best adapted to secure
ends
723
THE ClIRQNICLE.
1866.].
Aug. 27. Nov.21. Adv.
8. '
Aug. 27. Nov.21. Adv.
S.
S.
8.
"
“
old.... 41@48
white,
new.
40@50
“
“
old.. 41©54
Foreign, red
45@53
white... 50@61
,
“
Scotch, feed...
“
8.
8.
52®66
56®67
56@70
58®72
55®68
62®75
Eug,, red, new.... 40@47
“
21.
AND NOVEMBER
WHEAT.
potato
19
19
20
18
Irish, black
“
...
white...
Foreign
14
..
..
..
..
8.
8.
24®31
22@32
5
6
5
5
5
42® 45
48@52
2
3
8.
8,
20®26
25@30
18® 20
19® 27
19®27
80®36
21 @25
22@32
BEANS.
15
Mazagan
...
Pigeon
BARLEY.
..
...
41®43
45®49
I have only to state that the national banking system Malting
PEA9.
30@32 36®56 14
3
33@50
5 Grey
36®37
fully inaugurated and in successful operation. The first bank Grinding
29@31 32®36
2
40@43
5 Maple
39@41
S8®43
33@37
was organized in June, 1863.
There are now in active operation six¬ Distilling
4
White
41@45
MALT.
38®41
teen hundred and forty-seven, with an aggregate paid in capital of four Pale
FLOUR.
14
74®82
59®68
7
7
64@57
hundred and eighteen millions, which is owned by two hundred thousand Brown
47®50
59@63
62®56
|I Town made...
9
44®51
34@42
OATS.
Country
stockholders. The system has the confidence of the people, because it
10
6 1 French & Spani’h 37®40
45@50
20®25 21® 31
furnishes a currency of uniform value in all parts of the country. It English, feed
6
6 | American
27@3li
24©30
28® 36
potato... 24@30
has superseded all existing state banking systems, and places the entire
It does not, however, appear probable that wheat will rise 'much
control of the cuirency of the country in the hands of the federal gov¬
ernment. It has proved, during its three years of existence, a most higher in price. The supplies afloat are rapidly increasing, and I have
important auxiliary in the financial operations of the Treasury Depart¬ been informed, this afternoon, that the quantity of Black Sea wheat,
ment.
afloat, is not less than 700,000 quarters. It is also asserted that the
A system that has grown into such magnitude in so brief a time, in
volving interests so vast and so vital to every portion of the community, supplies which had been directed to Marseilles will be ordered to Eng¬
demands a careful consideration and deliberate action. It may not be land ; consequently, the prospect as to future supplies from the East
perfect, for it was devised by men, but it embraces all the best provi¬ has much improved. There is also more satisfactory intelligence at
sions and safeguards of the banking systems of the several states, and
hand from your side, and the announcement that California has a sur¬
experience and careful study have developed but few defects.
H. R. Hulburd^
plus available for export of 10,000,000 bushels ha9 created a favorable
Deputy and Acting Comptroller of the Currency. impression. These facts, and, in the main, they are undoubtedly correct #
Hugh McCulloch, Secretary of the Treasury.
demand that millers should pause and consider whether it i9 necessary
to give a further advance; and although it seems probable that a
further improvement of Is. or perhaps 2s. per quarter will be estab¬
Catest fllonctart) anir Commercial (ffnglislj Netos.
lished, the trade will undoubtedly display much caution in making
In conclusion,
f now
...
...
-
...
*=
*
..
•>
..
...
...
.
KATES OF EXCHANGE AT LONDON, AND ON
AT LATEST DATES.
LONDON,
sales.
A
new
Russian loan for £6,000,000 at 86,
with five per cent, inter¬
*
est per annum
EXCHANGE AT LONDON—
NOV. 20.
EXCHANGE ON LONDON.
LATEST
ON—
Amsterdam...
Antwerp
Hamburg
TIME.
RATE. -
DATE.
short.
11.15K@11.16X
3 months. 25.42K@25.47X
it
13. 8%@13. 9%
(ft
25.37X@2o.42X
short.
25.15X@25.22X
3 months. 13. 0 @13.10
Vienna
6.25 @ 6.26X
Berlin
(ft
St. Petersburg
30X@ 30%
(ft
Cadiz
4SX@ 48X
90 days.
Lisbon
51X@ 51*
3 months. 27.10 @27.20
Milan
27.10 @27.20
Genoa
((
27.10 @27.20
Naples
Paris
Paris
(ft
.
(ft
New York....
Jamaica
Havana
Rio de Janeiro
Buenos Ayres.
—
-
—
—
Valparaiso....
.—
Pernambuco..
Singapore
—
60
days.
((.
Hong Kong...
Ceylon
Bombay
(ft
ft(
(ft
Madras
Calcutta
Sydney
—
ftft
30
days.
—
—
—
—
4s. 5Xtf.
4s. 5%d.
1 p. c. prem.
lsiixm
lsllXd@
lslixd@
1 p. c.
—
—
—
dis.
Nov. 20.
-
((
TIME.
3
days.
(ft
ftft
ftft
a
(ft
ftft
—
—
Nov. 20.
—
Nov. 10.
—
—
3 mo’s.
—
—
3 mo’s.
RATE.
11.77X®
25.20 @
13.6 @
25.20
25.28
~
—
—
—
—
31X
53X
—
—
Messrs. Barings, and at
scrip, this evening, closes at lf@l$ premium.
Money market is in rather an uncertain position. The advance
in cereals of all descriptions lead many to suppose that there will be a
drain of coin in payment for wheat and other grain. That this will be
the case, seems scarcely to admit of a doubt. The exchanges, with re¬
gard to Russia, are evidently turning that way, bills on Russia, as well
as on Italy and Austria, having, during the present week, been in much
greater request. On the other hand, the demand for remittances to the
East has fallen off.
This was especially the case at the sale of bills on
India at the Bank to-day, the quotations having been reduced to the ex¬
tent of 1@1^ per cent. The silver market is very flat, with a tendency
to lower prices; fine bars, however, are still quoted at 60|, and Mexi¬
can dollars at 4s. llfd. per ounce.
There is no demand for shipment
to the East, and as regards the Continent, the inquiry has certainly
abated. During the present week, there has been a good demand for
The
—
3 mo’s.
has been introduced here by
Amsterdam by Messrs. Hope. The subscriptions have been large, and
there is no doubt that more than the amount asked for will be obtained.
—
154
Nov. 19. 60 days.
(ft
Oct. 24.
2% p. c. prem.
(4
Oct. 18.
27X@ftft
24X@25X
Oct. 25.
(ft
Oct. 14.
49X@ftft
Oct. 3.
44X@(ft
Nov. 1.
25X@25X
6 mo’s. 4s. 5Xd.@4 6X
Oct. 5.
(ft
4s. 6Xd.@—
Oct. 25.
(ft
Oct. 1.
2%@3 p. c. disc
ftft
2s. 0Y%d.
Nov. 9.
ftft
2s. 0%d.
Nov. 6.
(ft
2s. 0XdNov. 8.
Sep. 30. |30 days. 2X P- c. prem.
The
money,
and the supply seeking
diminished to
some
employment m the discount market has
extent; hence, the
regards the best paper, rule as
quotations are firmer, and, as
under :
Per Cent.
Per Cent
[From our own Correspondent.!
London, Wednesday, Nov. 21,1806.
30 to GO days1 bills
3 mouths’ bills
*
3X@3%
3X@—
4 & 6 months’ trade
4 & 6 months’ bank
bills....
bills....
4
4
05
@4#
Since the date of the last return, large sums of bullion have been
prominent feature of the present week is an advance of 5s. per
quarter in the value of wheat throughout the country. The trade were' paid into the Bank of England, and there have been no withdrawals
in a very considerable measure, prepared for this rise ; consequently, at for export
To-night’s statement, which will not be made public until
the Corn Exchange, itself, no surprise has been occasioned. The advance, to-morrow evening, will most probably show an increase of nearly
however, is an important one, because it is not only considerable, but is £500,000 in tl\e supply of bullion. As, however, we shall require large
on a
price already high. The state of this day’s market does not admit sums of money to pay for corn, it seems a fortunate circumstance that
of the assertion that we are likely to see ease in this department for bullion has accumulated so freely in the Bank vaults during the last
some time to come.
Holders of all descriptions of wheat were very few weeks.
The rates for money on the Continent have not changed during the
firm in their demands, and the full rates of Monday were not only main¬
tained, but a further advance of Is. per quarter was in several instances present week. The quotations at the leading cities are as under :
Bank
Open
Bank
Open
established. The rise in the price of wheat since harvest may be
market.
rate.
market.
rate.
$ c.
$ c.
$c.
averaged at 17s. 6d. per quarter; on some descriptions, indeed, the ad¬
$ c.
6
Turin
2X
3
At Paris
vance is as much as 20s. per quarter ; produce, which, on the 27th of
3
2X
Brussels
5
5X
Vienna
4
August last, sold at 45s. per quarter, having realized 65s. per quarter
8
Madrid
5 adv
3%@4
Hamburg
3X
to-day. The accompanying table shows the actual advance in the value
3X
Frankfort
10
7
St. Petersburg...
5
5
Amsterdam
of cereals sinbe harvest. The 27th of August has been selected, for on
The advance in the price of wheat, and the introduction of the new
that day, there was the first considerable supply of new English wheat
on sale, and the trade was then characterized by great depression.
The Russian loan, have been productive of a le99 favorable feeling in the
advance, indicated in the last column, relates to the finest qualities; Consol market. Prices have shown signs of weakness, and have, in
but it should be observed that extreme prices have not been quo ted, and fact, slightly declined; but the changes are not important. The public
therefore although the rise is very great, the figures are rather below have not made any considerable investments. The highest and lowest
than above the mart. In support of this, I may mention that the finest prices on the days stated are subjoined :
red foreign wheats, viz., Rostock, have sold at the very high price o.:
Monday. Tuesday. Wed’day.
For the three days ending Nov. 21.
71s. per quarter; but the leading factors, who have assisted me greatly
90X@X 90 @X
Consols for money..
^ 90X@X
in compiling accurately the statement subjoined, are of opinion that the
American securities have been dealt in to a moderate extent. Yes¬
average top price of red foreign wheats is not more than 68s. per
terday, United States Five twenty bonds were firmer at 70|@i, but
quarter. I have, therefore, given that quotation. The statement is as
the market to-day is rather weaker. Erie Railway shares have ruled
follows;
The
-
'
—
....
..
..
....
...
ft*
—
((
—
....
....
THE CHRONICLE.
724
firm, and the market closes with
The
firm appearance.
Government, State, Ac., bonds sold at the Regular Board, daily, last
week, are given in the following statement:
Atlantic and Great
Western consolidated mortgage bonds have been in active request, and
the quotations have dai'y improved.
In Illinois Centrals only a mod¬
erate business has been done.
United States Five twenty bonds leave
a
Sat.
U. S. 6’*, 1881. $15,000
U.8 6’a (5-20’s). 149,000
U.S6’s (old)
U.S 5’8 (10-40*)
6,000
70$ to 7C$, Atlantic and Great Western debentures 69$ to 60$*
do. consolidated mortgage bonds 42$ to 43$, Erie Railway shares 60 to
61, and Illinois Centrals 78£ to 79. The latest prices from the Conti¬
nent are:
From Amsterdam 74 1-16, from Frankfort 76, Berlin 76$,
off at
and from
U.SS’s (old)
U. S 7-30 note*.
State
Wed.
Thnr.
$47,000
612,500
$7,000 $50,000 $2*4,000
279,000 237,500 1,573,500
•
•
•
11,000
•
128,000
•
92,000
Week.
.
....
.
2,000
3,'00
107,006
8,000
16,000 122,500
633,600
77,500
....
....
63,600
118,500
4,000
9,000
4,000
*
•
•
10,000
41,000
.
....
75,000
•
.
.
98,000
166,000
87,000
••••
„
20.000
27,000
62.000
6,000
40,000
44,000
74.000
4,000
.
....
107,000
....
1,000
6,000
....
Virginia 6’s
City Bonds, vi*:
Brooklyn 6’s
....
King’s Co. 6’*..
5,000
.
.
.
^
.
„
.
.
.
.
85,000
87,000
8,000
....
4,000
9,0- »0
45u,00Q
87,000
1,000
103,500
288,000
7,000
..
in the following statement:
Fri. 30.
Sat. 1.
Mon. 8.
89%
70%
89%
70%
X88%
77
46
77
United States Sixes
-
Fri.
bond*, viz.:
N. Y. State 7’a.
N. Carolina6’s.
Tennessee 01*..
closing quotations for Consols and the designated American secu¬
in the London market daily since our last have been as shown in
III uois Central shares.
Erie Kai way shares...
185,000
2,000
14,000
•
•
Missouri 6’s
New York 0’s
Eutfiisli Market Report*—JL'er Cable.
Tues. 4.
76%
45%
45%
88%
70%
77%
47%
88%
70%
77%
70%
46%
(Five-twenties) of 1865
71
77%
quoted about
are
73,500
6,000
6,000
6,000
....
5,000
Railroad Bonds, viz:
Various
80,000
88%
47
....
....
N. York 0’s
Wed. 5. Thur. 6.
16,000
....
89,000
•
•
•
192,500
29,000
.
one
Friday, P. M., Dec 7,1?66,
lower than the series of 1862.
The
Tues.
$75,000
Kentucky 6’s
The
rities
Mon
$30,000
212,501)
California Ts
Hamburg 68.
'
[December 8,1866.
The Money Market.—The market has ruled, upon the whole,
Liverpool Cotton Market has been generally steady throughout
quiet, the exchanges at the Clearing House having shown a large
reduction from the average of November. The dulness appears to
changed. New Orleans Middlings are quoted at 14@l4$d. per pound.
be chiefly traceable to the recent flurry in the market, which has at
The total sales have been 63,000 bales this week against about 70,000
the same time caused a curtailment of stock speculation, and left
ba’es the week previous.
the banks with diminished resources for leading. The withdrawal
Breadstuff^ at Liverpool have bpen easier, and closed on Thursday
fiat, with a slight fall in prices. Mixed Western Corn is quoted at 39s of currency into the Sub-Treasury leaves the banks, for the present,
with a diminished* amount of plain legal tenders in their vaults.
6d per quarter.
Indeed, from the last statement of the Associated Banks, it appears
Provisions are flat. Pork still continues its downward tendency.
Tallosv is dull and irregular. Petroleum is nominal at Is. 6d. per that eight of the banks hold a legal tender reserve below the limit
of 25 per cent, required by law, the deficiency ranging from $48 000
gallon for white.
The Manchester market is quiet and unchanged.
to $417,000.
The aggregate of legal tenders held by all the banks^
however, exceeds the legal requirements by about one million dol¬
i^BCSgSS====!==========
=====
lars ; but as a very large proportion of the reserve consists of Clear¬
ing House Certificates and Compound Notes, neither of which are
the week, and on Thursday was somewhat active ; but prices have not
.
...
&f)e Bankers’ ©alette.
DIVIDENDS,
We give in our Bulletin from day to day lists of bonds, Ac.,
dividends declared.
These tables will be continued daily, and on
lost, and
Saturday
have been published through the week in the Bulletin
morning such
as
will be collected and
published in the Chronicle.
Below will be found those
published the last week in the Bulletin.
PAYA&Lifi.
BaTK
NAME or OOMFAHT.
Railroad.
Boston ALoweli Scrip...
do
do
WUKN.
*81
cash
BUSINESS
BOOK* CLOSED.
o’t.
r.
AT
WHERE.
Jan. 1.
82 Milk st. Boat Dec. 6 to Jan. 1.
THE
STOCK
BOARDS.
The following shows the description and number of shares sold at the Reguax and Open Boards conjointly on each day and for the week ending on Friday:
Sat.
183
Bank Shares
Mon.
Tues.
106
42
Wed.
190
Thnra. Fri’y.
863
Week.
15
904
Railroad shares, vis.:
100
100
Chicago A Alton
200
Chicago, Burlington AQ
7
Chicigo A Great Eastern
100
100
Chicago A Northwestern. 8,600 19,400 84,675 26,564.11,600 11,700 112,539
Chicago, K. Iel. & Pacific.
Cleveland, Col. A Cinciu.
Cleveland & Pittsburg....
Cleveland nnd Toledo
Del. Lackawana A Wes-’n
Erie Railway
1,600
60
2,900
9U0
1,200
2.300
1.300
5,200
8,000
200
200
—
8,300
Hannibal & St. Joseph
Hudson River
Illinois Central
15,700
19,100
42
212
4,200
1,800
1,700
2,100
17,500
8,800
9,105
61,205
•
.
200
.
.
%
•
•
....
300
•
700
1,700
200
....
•
•
200
.
275
2,400
5,200
100
800
7,600
16,700
"600
'sbo
’eoo
350
1,100
*100
8,100
2,014
2,900
8,396
1,705
..
New York Central
New York A Ntw liaven
Ohio <£ Mississippi (.$100)
Panama
Pittr-., Ft. Wayne A Chic.
70
2,4t0
2,?00
1,700
7,600
St. Louis. Abon A T. H
1,400
90
—
Reading
25
....
2,300
5,900
Btouington
Toledo, Wabash A West’n
175
600
400
1,600
8,760
8,400
•
-
-
•
•
2,300
5,300
100
•
....
800
600
....
4,500
•
23
700
800
•
810
.
•
....
2,450
300
....
-
1,566
6,800 10,500
....
....
2,200
2,800
•
8,700
....
....
....
200
650
•••
280
Mil. A Prairie du Chien
Milwaukee A Si. Paul....
7,600
60
....
....
1,100
Michigan Central
Michigan Souib.rn
2,300
30
200
250
•
6,400
1,000
11,100 13,200
....
Indianapolis A Cin...
4,200
90
3,500
30
.
.
.
600
.
100
600
49,200
100
'
2,150
14,215
117
9,750
390
14.600
88,250
1,000
175
...
....
1,900
Miscellaneous shares, viz.:
Coal, Butler
Cumberland
Del&w’e A Hud. Can
Wilkesbarre
“
“
44
Mining, Mariposa
44
44
*
Rutland Marble
60
....
Zand, Bos’n Water Power
Brunswick City
100
Cantou
Telegraph, 44 est’n Lnion.
V\
44
(Russian)
Steamship, Atlantic Mail..
Pacific Mail...
S. Am. Nav. A
M. R.R
44
44
44
44
-
American
Transit, Central American
600
600
600
400
*400
*800
*500
•
• •
800
•
•
•
210'
•
8,' 850
800
170
830
1,200
....
60
#•••
200
....
645
10
100
235
400
•
• •
•••
•
•
•
•
* •
....
900
67
600
1,460*
2,760
*200
1,400
4,905
•
•
6
• •
6
••
* • • •
...
•
•
•
100
100
1,210
800
45
200
86
150
850
1,762
880
200
8,577
200
200
200
400
1,260
60
U
172
10
41
278
•
200
....
•
•
m
•
...
100
27,150
8.600
....
ICO
800
750
100
100
....
....
100,
4,100
200
15
....
7,000
100
Union Nav.
Express, Adams
....
8,300
44
44
160
....
100
•
....
8,100
U00
.
....
....
800
Quicksilver
•
100
‘266
600
•
t.
• •
•
258
200
• •••
• • ••
82
200
available for disbursements, the reduction in the reserve necessitates
a conservative course with reference to loans.
It is apparently due
to this feature of affairs
that, while the demand for loans and dis¬
counts Is
dull, and the banks
sections
than
receiving more currency from other
they are sending South, the rate of interest remains
firm at 6@7 per cent, on Stock Collaterals, with rare exceptions at
5 per cent, on Governments.
'
!
Discounts are dull. Owing to the protracted duloe33 of trade
generally, there is very little paper offering for sale. Prime bills,
however, are in demand at 6j@7 per cent., with rare exceptions at
6 per cent., for 2 or 3 months* dates.
The following are the quotations for loans of various classes:
Call loans.....
Loans on bonds A mort..
Prime endorsed bills, 2
months
are
Per cent.
6 <& 7
6 @ 7
0
<a
—
Per cent.
Good endorsed bills, 3 A
4 months
do
single names
Lower grades
.
6%@ T
7
@ 8
8
@10
United States Securities— National securities continue in
active demand
from home investors.
The downward
tendency of
frighteu some
timid holders to exchange them for Governments, which, from their
stability during the recent unsettled condition of affairs, appear an
especially desirable form of investment. The favorable exhibit of
the condition of the National finances presented in the report of the
Secretary of the Treasury has also had a tendency to attract atten¬
railroad and miscellaneous stocks has the effect to
tion towards this class of securities.
The
foreign movement in bonds ha9 been nominal. Prices, at
sufficiently near to those current here to hold
transactions either way in abeyance. The advance of Five-twenties
to 71, reported this morning, notwithstanding the downward ten¬
dency in gold, has caused a firmer feeling on these bonds, and they
London have ruled
close at 108$.
'
Five-twenties of
1865, new issue, are especially active, under the
idea that being the security into which Seven thirties are to be
converted they must become the consols of the United States.
These bonds have advanced $ during the week, closing at 108$.
Other bonds and Treasury Notes close at about our last quota¬
tions.
The total transactions in Governments at the Stock
Exchange
nearly double the amount of those of last week.
of the 2d series Seven-thirties be¬
come payable.
The following are the closing prices of leading securities, com¬
pared with preceding weeks:
are
On the 15th inst. the coupons
1?
v'rv
f jf
/ ; \
1
Nov. 2. Nov. ft. Nov. 16. Nov 23. Nov. 80. Dec. 7.
J13
118
112%
11*%
114%
114%
XJ. 8. 6’s, 1881 coup
U. 8. 5-20’s, 1862coupons.x.c.110%
..x.c. 107%
U. S. 5-20’s, 1864
44
•X.C. 107%
U. S. 5-20’s, 1866
44
110%
F. S. 5-20’s, 1865, N. iss.
100%
U. S 10-40’8,
U* 8 7-80’s 1st series
105%
U. S. 7-30’s 2d Series
U. 8 7-80’s 3rd series..,
105%
...
110%
107%
107%
106
..
105%
...
Railroad
106%
107%
107
108%
108%
99%
105%
104%
100
105%
100%
105%
105%
104%
108%
100%
106%
105%
105%
107
107
100%
107%
105
105%
market still
fewer inside
Jane
108%
105%
Miscellaneous Stocks.—The stock
and
There are
feels the effects of the crisis of last month.
The totals of each class of securities sold in the first eleven months
108%
106%
108%
106%
106%
107%
109%
110
•
..
of the year are
$4,827,200
8,846,500
$3,340,100
2,591,900
March
8,931,300
8,006,700
April
5,798,300
8,002,700
3,739,650
2,258,250
May
on
October
November..
10,282,300
8,337,550
,
112,530 shares for the week, or
boards. Erie also
has been more active, the board sales for the week amounting to
61,205 shores. Michigan Southern and Reading range next in
order of activity.
ferred at both boards amount to
one-fourth the whole business done at the
especially dull, the total sales amounting
only 1.210 shares. The low price at which coal is selling has a
tendency to depress the value of this class of stocks, in mining
shares the chief activity has been in Mariposa, the total transactions
reaching 27,150 shares. The preferred stock closes at an advance
Coal stocks have been
to
of 41 per cent, upon our last quotations.
The aggregate sales at both jboards, for the
401,049 shares, against 423.295 for last week.
The following are the closing quotations at the
day, compared
Oct. 28. Nov. 2. Nov. 9.
61
69%
67%
66
65%
53%
57
63
65%
31
29%
31%
120
118%
119%
85
84
85%
125
125%
117
117
115%
Quicksilver......
Canton Co.
Mariposa pref....
New York Central
•
Reading
Mich. Southern..
Michigan Central
Clev. and Pittsb.
Clev. and Toledo.
92%
‘92%
120
57%
80%
109%
109%
Northwestern....
preferred
Rock Island
Fort
Nov. 16. Nov, 23. Nov. 80. Dec. 7.
‘—
Wayne
125%
..
•
•
111%
111%
126%
71%
71%
lii%
110%
81%
112%
85
79%
110%
84%
113%
112%
83%
87%
112
52
45
73
41%
70%
102%
74%
106%
106%.
*
Wed.
51%
70%
103*
104%
103
119
106%
105
119
118%
transactions in
Fri.
Week.
Mon.
106
42
190
368
16
904
31,720
63,495
71,339
83,801
62,936
48,984
160
100
7,500
4,500
4,450
500
1.660
336
750
41
852,275
1,210
30.850
4,260
6,163
5,877
650
.......
200
.
100
-
1,800
3,7«'0
8",900
300
900.
600
1,200
655
300
967
620
16
850
830
6
335
1,962
5
62
182
200
Regular Board..
Open Board... .
16,488
19,900
28,286
41,800
25,676
29,721
26,236
56,100
40,942
64,000
31,800
30,1()0
167,349
233,700
Total current w’k.
Previous week
86,388
76,446
70,086
81,776
10i,268
94,942
95,073
61,521
56,336
401,04 >
Th’v’g
61,525
423,295
“
Mining
Land "
“
elegraph “
Steamship14
Express “
’.i
4‘
Transit
At
At
1,255
1,480
310
200
781.240
10,622,840
12,056,150
781,900
1.236.600
1,614,000
1,633,000
5 5,700.
455,500
993,000
1,986,990
2.934,000
2,792.300
879,200
1,234,700
1,365,600
12,279,450
12,078,760
14,765,500
16.544,750
12.739,850
17,012,550
Boards,” in the neAt
previous page.
The Gold Market.—Gold continues to exhibit
steady down¬
tendency. The demand for customs duties is very light, the
customs receipts averaging about 1± millions per week, with the
prospect of a continuance of that rate to the close of the year. Ad¬
a
ward
large increase in the shipments of
cotton, which causes a postponement of the expectation that the
condition of the foreign exchanges might require an early export
of specie.
At the same time, it is very generally supposed that
the Secretary of tho Treasury will sell gold to provide for the in*
interest on Seven-thirties maturing this month and next, and also
to enable him to retire 4 millions of greenbacks on each month as
authorized by law.
Upon this assumption, it is naturally con¬
cluded that the course of
the premium must tend activly
downward. Rumors have prevailed during the week that the Gov¬
ernment has sold gold, which, however, are unfounded.
The pros¬
pect of an amicable settlement of the arrangements for withdraw¬
ing the Freuch forces from Mexico, and the apparent disposition of
the English Government to adjust the Alabama claims upon a
satisfactory basis, have a tendency to weaken the premium. The
price to-day closes at 1334.
The following have Deen the highest and lowest quotations for
gold on each oi the last six days:
v
Lowest. JTierheat.'
Lowest. Highest.
vices from New Orleans report a
,
Dec.
Dec.
Dec.
141% Dec.
141^iDec.
141%|Dej.
140$*
140%
140%
1
3
4
5
138%
i
6
139*
13S%
77.
'[’he transactions for last week at the Custom
Sub-Treasury were as follows :
Uuscom lione.
Receipts.
$168,933 13
264,571 63
Nov. 26
“
27
28
“
44
Dec.
House and the
Sub-Troasnry
,
Payments.
Receipts.
$4,845,819 00
$5 489,719 42
174.99i 62
1.4.4.961 67
2,8^4.919 84
2,553.453 *3
2,761,372 90
$1,173,546 29
$15,277,323 00
morning of Nov. 26
;
$15,094,432 31
102,638.160 15
240,583 34
201,477 23
Total
Balance in Sub-Treasury
140*
139%
138%
1,475,991 57
7,655,15 1 66
525,338 15
333.930 86
.=■
80
1
$H7,732.6D1 48
Deduct
Thurs.
$12.155,7C$
9,822.000
888,700
to the tables headed “ Business at the Stock
oi^each day of
183
Sat.
Coal
31%
110%
Tues.
ehares
“
“
46
$3,035,500
1,692,100
$952,900
1.691.500
2.903.600
1.674.500
Total
amount.
2,576,400
15,253,100
For the details of the week’s transactions, the reader is referred
....
following statement shows the volume of
shares, at the regular and open boards conjointly,
the week closing with this day’s bu-iness :
Railroad
'•
8 %
111
The
Bank
•
43%
112%
14
122
•
•
....
72%
113
92%
'119%
57%
79%
110%
109% •
124%
94
120%
68%
80%
•
122
123%
113%
85%
US'
•
27
113
109%
"78
•
•
44%
45%
24%
54%
28%
111%
91%
93%
115*
66
46
51
,
Erie
Hudson River....
Illinois Central
regular board to¬
with those of the six preceding weeks:
Cumberland Coal
u
week, amount to
Bonds.
2,198,750
2,577,000
2.425,350
2,703,250
2,973,550
:
RR. & other
Bonds.
State, &c
2,485,250
10,476,250
10,987,850
6.451,800
preparing to turn the large “ short ” interest to account.
The principal activity continues to run on Northwestern, especially
on the common stock
the aggregate sales of the common aud pre¬
over
7,463,800
July
Augast
September
considerable. The market i3 probably considerably over
the result of this tendency; and there are combinations
as
—Governments
,
Bonds.
Notes.
January
February
been more
sold,
shown in the statement which follows
1866.
the street: while there is less disposition on the part
of brokers to transact business on margins. The uncertainty as to
the future course of the money market, and the firmness of the
banks in maintaining the present comparatively high rates of interest*
has a tendency to encourage operations iu favor of lower prices*
and transactions run chiefly in that direction. The predominant
disposition to sell has casued an average decline in railroad stocks
of 1^@2 per cent., while in miscellaneous securities the fall has
speculators
725
THE CHRONICLE.
December 8,1866.J
payments during the week
15,277.328 00
^
$102,455,273 48
182,895 69
uu-ln led
Total amount of Gold Certificates issued, $1,635 000.
iu the receipts of customs were $131,000 in goid, and $1,042,546
Balance on Saturday evening
Deereaee during the week
*•
Gold Certificates.
The following table
in
shows the aggregate transactions at
Treasury since Sept. 1 :
the Sub*
Changes in
Sub-Treasury
»
Balances.
Receipts. Balances.
Dec. $13.712,CSS
$34,094,678 $82,294,5)2
$3,199,168 $17,807,365
2.26^,452
Inc.
19,0>9,718
8....
84,563.995
3,222,265
16,820,266
2.520,848
“
Inc.
21,563.121
87,048.843
15...
3,105,457
19.047.272
Inc.
“
6,77:,256
12.453,160
93,857,100
22....
2.399,270
5,680,903
44
Dec.
6.014,268
87,8)2.831
29....
19,223.924
25,238,>92
2,876,717
Inc.
2.445,769
Oct. 6....
2,266,334
7,766,499 10,212,269 9n,2S8.<»0l
5,769,0*8
*4
Inc.
13,681,534
96.057.619
13....
7.912,486
2.546,361
Inc.
5,23:.985
44
18.703,774 101.290,653
20....
8,470,788
2,629,828
44
Dec.
506,608
27....
2,460,880
19,082,535 18,575,927 100,781,026
Dec.
14,394.303
Nov. 3....
34.527,538 20,133,229 86,389,713
2,262 774
Inc.
44
5.418,051
10
2, 55,292
28.749,895 34,167,947 91,807,769
Inc.
4.560£07
17....
1,901,529
16,6p5,487 21.165,69* 96,367,967
44
Inc.
6,270,192
25,035.903 102,638,169
24....
18,765,711
1.624,704
Dec.
182,895
Dec. 1...
15,094,432 102,455,273
1,173,516 1 5,277,328
has ruled dull during the
Foreign Exchange.—Exchange
Weeks
Custom
Ending
6ept 1....
Honse.
,
Payments.
“
85,982
The transactions in shares weekly since the commencement of
September are shown in the following statement:
ending Regular
Friday.
Board.
Sept. 7
107,208
Sept. 14
133,403
Sept. 21
189,497
Sept. 28.
198,822
Week
Open
Board.
165,050
150,914
223.170
245,400
386,276 454,600
284,213 292,580
299,236 365,030
Oct.
5
Oct. 12
Oct. 19
f
Regular
"Board.
290,988
...343,038
219,824
255.433
Both
Boards
629,293
675,339
540,359
638,683
576.793 Nov. 30
192,545
230,750 423,295
664,266 Dec. 7
167,349 233,701 401,040
Both
Week ending
Friday.
272,8 Oct. 26
Boards.
284,317 Nov. 2
412,667 Nov. 9
444,222 Nov. 16
840,876 Nov. 23
Open
Board.
338 305
332,301
3-'0,535
383,250
349,156 387,550
736,706
The following is a summary of the amount of Government bonds
and notes, State and City securities, and railroad and other bonds,
sold at the Regular Board on each day of the past week :
Mon.
Tnes.
Wed.
Thur.
Fri.
Week.:
Sat.
CT. S. Bonds.... $169,000 $253,500 $276,000 $637,000 $236,000 $290,500 $1,912,000
63,600
92,000 118.500
16.000 122,5Q0
538.600
17. S. Notes...:. 126,000
State* Cityb’ds 166.000
69,000 137,000 204,000 . 274,000 179.000
S09,000
73,500 16,000
39 000 29,000
192.500
Railroad Bonds
5,000
30,000
‘
381,100 578,500 975,500 616,000 621,000 3,55?,11)0
338,000 669,550 444,000 Th’g. 433,500 2,155,55.>
The totals for the six last weeks are shown iu the following
statement:
Total Cur. w’k*.
Previous week..
Week
ending
Friday,
Nov.
Nov.
2
9
Nov. 16
Nov. 23
Nov. 80....
Dec. 7
$381,000
870,500
Governments
*
Notes.
Bonds.
$1,762,000
$650,800
,
2,369,100
1,847,800
2,920,6:0
1.031,000
1,912,000
807,600
446,400
960,500
825.550
538,600
State &
City.
$403,500
Railroad
Bonds.
Total
amount.
$350,500
$3,166,800
4,334,700
820,000
511,900
868,000
658,000
538,000
855,100
161,000
141,000
4.410,150
2,155,550
909,000
192,500
3,552,100
2,663,200
44
week. Rates, however, were firm, until after the middle of the
week, upon the announcement of large shipments of cotton
been made at New Orleans, produced a general weakness in rates,
and bills were offered freely this afternoon at
per cent, below
the rates asked for Wednesday’s steamer. The supply of city bills
is limited.,
having
for the several classes
foreign bills, compared with those of the three last weeks :
The following are the closing quotations
,
of
j Nov. 23.
107%® 108#
Nov. 16.
London Comm’l.
do bkr8’//i0
do shrt
do
Paris, long
do short.......
Antwerp
Swiss
Hamburg
Amsterdam.....
Frankfort
Bremen
Berlin
, -
107%® 108%
109 ® 109%
108%® 109%
5.17%®5.16%
6.13%@
6.17%®5.16%
6.13%@5.12%
5.22%@5.!8%
5,22%@5.18%
36%@ 36%
41%@ %
41 %@ %
79 @ 79%
5.20 @5.18%
5.20 @5.18%
86%@
....
41%® 41%
72%@ 72%
r
4l%@ 41%
79 @ 79%
72%@ 72% '
Dec. 7.
108%® 108%
109%® 10*'%
109%® 110%
5.15 @5.13% 5.16%@5.15
5.12%@5.11% 6.1^%®5.’.2%
109%® 109%
109%® 110% - 110
109%® 110
....
Nov. 80.
108%® 108%
® 110%
5.20 @5.17%
6.20 @5.17%
* 36%@ 36%
41%@ 41%
41%@ 41%
79 @ 79%
72%@ 72%
5 20 @5.17%
5.20 @5.17%
86%@ 36%
41%@ 41%
41%@ 41%
79 @ 79%
72%@ ....
[December 8, 1806.
THE CHRONICLE
726
banks have increased $383,558. The National circulation shows
Banks.—The following statement shows the
the State circulation a decrease of
a decrease of $40,733, and
condition of the Associated Banks of the City of New York tor the
$2,212.
week ending with the commencement of business on Saturday,
The following are the footings, with those, of the two previous
New York City
Dec. 1,1866 :
Average amount of-
,
deposits.
$860,047
5,828,753
6,51)8,588
5,518,287
4,305.696
444.166
9,217,£S3
4,372,093
$3,665,761
746,490
4,626,112
5,403,2.9
1,517^840
297.003
230,400
558,770
4,192,314
1,367,400
2,500
Broadway
Ocean
Mercantile
Pacific
Republic
Chatham
People’s
Hanover
Nassau
Market
St. Nicholas
Shoe and Leather..
Corn Exchange ...
Continental
Commonwealth
1,685,278
1,417,980
43,633
356,229
632,935
1,038,322
148,977
76,588
47,938
16,993
385,313
201,228
112,133
20,000
349,298
292,568
197,350
236,658
1,492,020
13',829
4,473
23,531
143,937
99,078
54.432
63,834
30,324
141,915
72,463
9,802
2.885.450
1,318,921
1,882.115
1,478,016
Marine
92.574
22,586
12,883,780
1,412,449
1,018,668
1,560.616
Bull’s Head
National...
313,088
1,204.156
2,731,643
3,192,698
1,493,710
4,246,084
1,767,501
1,224,270
1,030,299
739,867
931,441
401,772
24,1866
1, 1866
24,1866
1,18G6
Specie
Dec.
Inc..
Circulation
5.930,885
399,273
322,304
739,199
594,598
1,254,500
1,374.239
3,728,600
3,546,497
2.331,032
2,0411.152
1,042,745
264,000
682,000
775.262
1...
8
15...
22...
..
44
44
29...
5...
12...
19...
26...
Nov.
...
...
...
...
...
...
...
44
...
...
...
3...
Dec.
Loans.
507,450
1,278,577
4,369,311
18,059,196
1,471,543
1,415,524
378,179
1,331,197
3,657,096
2,972,088
833,523
293,370
7,021.129
2,636,904
2,666,550
1,607.975
1,009,964
850,835
788.153
297,957
1,417,201
269,401
1,414,251
715,437
616,040
22,000
167,456
$20S,8S9,177 $61,4S5,45S
$917,436,876 85
649,081,442 35
26,294,868 39
19,868,687 45
week are as fol.
..Dec. $4,525,807
..Dec.
Legal Tenders
873,796
32,431
follows with the returns of previous
Sept. 1- $26i>,3yy,oo7
Sept. 8.. 268,941,668
Sept.15.. 270,806,504
Sept.22.. 272,177,166
Sept.29.. 269,807,383
6..
13
20.
27..
3..
10..
17..
24..
1..
.
274,210.161
276,443,219
279.135,796
274,725.456
271,790,435
275,698,2S8
273,338,390
267,920,415
263,011,668
CIrcula
cion.
Legal
Aggregate
Bposlts.
Deposits. Tenders. Clearings.
$6,381,600 $27,807,834 $225,191,282 $92,622,808 $586,864,052
7,455,910 28,506,288 225.107,991 90,194,254 591,403,135
7,357,369 29.360,371 224,814,647 90.773,232 667,299,212
7,662,611 28,770,381 224,394,663 90,428,189 605,290,424
7,643,960 29.213,950 223,336,785 87,826,021 575,724,324
6,203,698 29,302,358 228,484,370 85,339,679 829,081,759
5,576,002 30,176,908 226,858,897 83,189,422 770.359,908
7,371,487 30,415,240 225,083,853 78,625,469 824,721,933
7,848,239 30,243,437 223,840,572 78,064,925 762,264,041
9,1*6.623 30,466,207 224,841,695 74,990.842 761.934,453
13,145,381 30,968,940 226,325,317 71,512,495 776,604,839
15,511,121 31,233,502 221,892,500 68,120,361 842,575,299
15,202,865 31,361,418 213.414,984 62,359,254 917,436,876
14,957,007 31,393,849 208,889,177 61,485,458 649,081,442
Specie.
Banks.—The statement of the Boston National Banks,
returned to the Clearing House Dec. 3, presents some interesting
Boston
also indicating
towards a contraction in that department, which now
be the general policy of many banks which ha*e hereto¬
features, still showing a
tendency
appears
to
large amount of loans, but
accommodations to a point threatening consid¬
monetary pressure. The total
loans returned is $99,446,866, which shows a reduction
fore extended their
erable inconvenience in times of
amount of
nearly half a million ($451,61)6-) since last week. Legal tender
deposits have, however, decreased in a still greater pro¬
portion, the former ($16,640,798) showing a decrease of $1,262,of
notes and
($41,089,645) showing a decrease of $1,558,350
Specie has increased $32,297 ; amounts due from
banks Jiave increased $426,479, and amounts^dae^to other
965, and the latter
since last week.
Legal
BANK
/
(Marked thus * are
not
STOC K
weeks
Circulation.
,
State.
$344,773
356,075
351,401
336,465
343,408
340,977
337,656
334,172
332,453
330,275
328,319
324,435
323,076
National.)
o
2
Amount.
320,864
LI ST
Friday.
Dividend.
Capital.
Companies.
Periods.
Bid.
Ask.
138
138*
Nov. ’66
5 114
114*
July ’66
July ‘66
July ’66
July ’66
July ’66
July ’66
July ’66
6
6
5
Last Paid.
eucn
161,604
1,625,135
weeks:
other
24...
..
.
1,633,200
1,261,154
1,719,697
1,953,727
Deposits
245,858
The several items compare as
a
44
...
America*
America (Jer.
City)
American
American Exchange.
Atlantic
Atlantic
(Brooklyn)
Bowery
Broadway
Brooklyn
Bull’s Head*
Butchers & Drovers
Central. .-
Central
(Brooklyn)..
Chatham
Chemical
Citizens’
City
City (Brooklyn)
Commerce
Commonwealth
Continental
Com Exchange*
....
Croton
Currency —
Dry Dock*
East River
Eighth
Fifth
First
First
(Brooklyn)...
Fourth
Dec. $4,90S,717
as
...
.
17...
Oct.
1,678,985
1,579,000
the returns of the previous
Loans.....
r
..
totals for a series of
412,852
436,000
lows:
Oct.
Oct.
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
Dec.
U
2,633,388
1,647,461
20,000
14
44
103,503
18.440
3.
10.
Sept.
323,076
Deposits. National.
Specie. Tenders.
$95,387,8G8 $264,863 $22,071,251 $39,856,550 $24,240,925
94,878,709 314,204 21,580,730 39,149,497 24,295,875
94,788.268 328.830 20,303.416 38,357,208 24,345,328
93,825,673 316,771 20,977,954 40,014,1S9 24,344,545
93,676,888 277,806 21,037,S80 42,095.214 24,238,047
94,708,912 250,638 20,612,639 43,098,520 24,329,124
95,039,305 240,417 19,801.819 43,330,226 24,339,751
95,464,225 219,302 19,700,205 44,303,573 24,459,495
95,381,855 250,516 19.654, &36 44,694,104 24.443,519
95,720,044 432,369 19,889,005 44,117,030 24,511,200
98,537,998 443,892 19,140,829 44,954,478 24,402,311
99,622,706 486,164 18,035,014 43,543,251 24,416,151
99,898,562 569,205 17,908,763 42,647,995 24,633,970
601,502 16,640,798 41,089,605 24,593,237
Loans.
219,464
773,341
12,824,631
12,452,992
4,650
7,115
following are the comparative
The
44
2,SS6,257
912,100
10,932
16,155
24,593,237
320,S64
Circulation (State)
1,119,216
502,652
230,665
4.343.5S1
447,644
796,284
268,317
41,089,605
Circulation (National)
486,164
18,835,014
13,867,028
15,491.640
43,543,251
24,416,151
324,435
569,205
17,903,763
12,205,266
14,381,529
42,647,995
24,633,970
12,631,745
14,765,087
banks
Deposits.
44
986,642
97,974
76,549
5,515
6,918
Due to other
44
1,165,393
78,963
Legal tender notes
Due from other banks
2,383,999
1,100
270,000
926,096
Specie
$41,900,000
99,622,706
$41,900,000
99,898,562
$41,900,000
99,446,166
601,502
16,640,798
Loans
Nov. 19.
Nov. 26.
Dec. 3.
Capital
5.027,115
21,101
97,860
Clearings for the week ending Nov.
Clearings for the week ending Dec.
Balances for the week ending Nov.
Balances for the week ending Dec.
The deviations from
774.225
3.946,334
6,082,370
7,913,459
8,314,S67
161,547
$263,011,668 $14,957,007 $31,393,849
JTotals
1,055.219
593.501
2,575.060
248,333
1,258,603
708,291
National....
Dry Dock
976,020
2,942,435
283,500
11,877
1,044,536
Tenth
363,112
328,204
245,918
623,808
333,i
210,!
19.554
statements:
280,794
504,998
1,119,377
6,234,480
2,586,261
3,504,125
Third National....
N. Y. Exchange...
17,805
265,000
98,399
929,803
1,167,907
1,685,353
757,028
1,000, IKK)
307.441
83,983
1,506,756
First National
11,479
550,296
241,927
562,913
7,013
15,476,581
Central
Second National...
Ninth National...,
756,6S4
917,373
674,169
67.337
14.568,25*1
1.228,974
Fourth National...
512,400
2,713,948
689,812
20,836
6,146
5,225,443
Traders...
Park
Mech. Bank’g As’n
Grocers’
North River
East River
Manuf. & Merch’ts
127,827
24,4S0
4.779.450
.
482,272
7.090
4.063,237
.
800,000
697,939
130,496
5,419.500
Oriental
9S7,843
5,657,415
900,000
48,971
10,863,598
1,266,063
2,281,742
2,639,068
2,782,026
Citizens’
242,946
175,000
5,170
178,143
176,992
9,719
1,025,507
1,074,747
2,743,944
928,378
5,577
239,142
1,748.000
Metropolitan
453.894
498.597
249,626
36,928
21,438
2.601.182
Irving
715,800
18,984
18,153
1,501.469
3,305.070
9,062,263
3,524,692
2,791,887
1.917,267
2,162,264
5,003,135
60.404
2,790,970
North America....
292,755
46,860
143,041
526,804
2,184,095
5,404,412
3,658,179
2,621,187
2,363,544
1,956,808
1,142,028
3,443.243
1,293,575
5,110,473
11,304,373
23,595,283
8,563,088
3.514.181
3,628,507
1,820,758
5,031,584
1,872,011
1,347,894
Fulton
Chemical
Merch’ts Exchange
National
•.
Butch. & Drovers..
Mech’s & Traders..
Greenwich
Leather Manufact's
Seventh Ward
State of N. York...
American Exc'ge..
Commerce.
12,779
459,470
881,271
2,907,222
Tradesmen’s
Tenders.
$8,774,646
3,418,949
Croton
tion.
483,214
872,743
$8,029,198
City
Atlantic
Imp. <fc
Net
Specie.
$3,498,521
discounts.
Banks.
New York
Manhattan
Merchants’
Mechanics’
Union
America
Phenix
Legal
Circula¬
Loans and
Fulton
Far. &Cit.(Wm’bg)
100 3,000,000 Jan. and July
25
100,000 Jan. and July
100
600,000 Jan. and J uly.
100 5,000,000 May and Nov...
100
300,000 Jun. and July,
50
500,000 Jan. and J uly...
100
250,000 Jan. and July..
25 1,000,000 Jan. and July..
50
300,000 Jan. and July...
50
200,000 .Quarterly,
^00.000 Jan. and July
25
100 3,000,000 May and Nov
200,000 Jan. and July .
50
25
450,000 Jan. and July ..
100
300,000 .. Quarterly,
25
400,000 Jan. and July...
100 1,000,000 May and Nov...
50
300,000 Jan. and July...
100 10,000,000
100
750,000
100 2,000,000
100 1,000,000
100
200,000
100
100,000
30
200,000
50
350,000
100
250,000
100
150,000
100
600,000
100
100
30
20
5
July ’66
July ’66
July ’66
—
4
12
5
..4
5
._.
.
6 111
July ’66
July ’66.
July ‘66
July ’66
6
8
5
Nov. ’66
6
Ju y
’66
’66
’66
’66
’66
5
5
July
..Quarterly
Jan. and July... July
Jan. and July... July
Jan. and July... Juiy
Jan. and July... July
’66
’66
’66
’66
’66
10
3*
4
5
5
May and Nov...
Jan. and
111%
6
July
July
July
Aug.
Jan. and July. .
Jan. and July...
Jan. and July...
Feb. and Aug...
127
Nov. ’66.
Nov. ’66
6
5
117%
11
ni%
100
m%
5
100
10
July... July ’66..;.... 10
5,000,000 Jan. and July... Julv’66
600,000 May and Nov... N v. ’66
5 110
5
5
160.000 Jan. and July... July’66
5 107* 108
1,500,000 Apr. and Oct... Oct. ’66
6
25
200,000 Apr and Oct.. Apr. ’66
5
50
300,000 Jan. and July... July ’66
July ’66
6 112 112
100 1,000,000 Jan. and July
Hanover
5 115
100 1,500,000 Jan. and July... July ’66
Importers & Trad..
5
50
500,000 Jan. and July... Jan. ’66./.
Irving
6
50
600,000 Feb. and Aug... Aug. ’66
LeatherManu fact’ r s
5
50
400,000 Feb. and Ang.. Aug. ’66
Long Isl. (Brook.) .
5
50 2,050,000 Feb. and Aug... Aug. ’66
Manhattan*
5 too.
30
252,000 Apr. and Oct.. Oct. ’66
Manufacturers’
109
July ’66
5
500,000 Jan. and July...
Manufac. & Merch.*. 100
6
100
400,000 Jan. and July. July’66
Marine
5
July ’66
100 1,000,000 Jan. and July.
Market
.5 112
25 2,000,000 Jan. and July. July ’66
Mechanics’
’66
6
Mechanics’ (Brook.).
50 600,000 Jan. and July. July ’66
115
5
600,000 May and Nov,.. Nov.
Mech. Bank. Asso...
50
Nov. ’66........5
600,000 May and Nov...
Mecban. & Traders’.
25
Nov. ’66
5
Mercantile
100 1,000,000 May and Nov... June ’66 .......5 114 118
Merchants’
50 3,000,000 June and Dec.
5 114
Merchants’ Exch....
50 1,235,000 Jan. and July... July ’66
July ’66
6 180%
Metropolitan
...
100 4,000,000 Jan. and July. July ’66
5 104 106
100 1,000,000 Jan. and July ..
Nassau*...
121
July ’66
5
300,000 Jan. and July...
Nassau (Brooklyn) . 100
5 107* 108
Oct. 66
National
50 1,500,000 April and Oct..
5
New York
100 3,000,000 Jan. and July... July ’66
9
200,000 April and Oct... July ’66
New York County.., 100
6
300,000 Jan. and July... July ’66
NewYorkExcbanger 100
118
5
Ninth.
100 1,000,000 Jan. and July... July ’66
5 112
North America
100 1,000,000 Jan. and July... July ’66
5
North River*
60 400,000 Jan. and July... July ’66
..4 103'’
Ocean
50 1,000,000 Jan. and July... July ’66
5 130
300,000 Feb. and Ang... Aug. ’66
Oriental*
50
Aug. ’66
5 160
422,700 Feb. and Ang..
50
Pacific
’66
“ 150
Park
100 2,000,000 Jan. and July... July ’66
5
July
Peoples’*
26 412,500 Jan. and July... July ’66
4 108"
Phoenix;...
20 1,800,000 Jan. and July...
Ang. ’66.. .5&5ex 115 117*
Republic
100 2,000,000 Feb. and Aug... Aug.’66
5
St. Nicholas’
100 1,000,000 Feb. and Ang... July ’66
in"
Seventh Ward
100 600,000 Jan. and July.. Nov. ’65
5 109}£
Second
115
100 800,000 May and Nov .. July ’66
5
Shoe & Lealher
100 1,500,000 Jan. and July/ Nov. ’65
6 105"
200,000 May and Nov... Nov. ’66
Sixth
100
5 06 109
State of New York.. 100 2,000,000 May and Nov... July ’66 .......5 107
Tenth
100 1,000,000 Jan. and July... July ’66 ... . ..6
Third.
100 1,000,000 Jan. and July... July ’66
7% 143*
40 1,000,000 Jan. and July... Nov ’66
Tradesmen s.
.....
...5
1,600,000 May and Nov...
Union
50
'July *’66
8%
Williamsburg City*. 50 lGOG OOOfJan. and July..
100
Gallatin
Greenwich*
Grocers’
.......
-
....
....
.
727
THE CHRONICLE.
8,1866J
December
EXCHANGE.
IREPRESENTED BY THE LAST SALE REPORTED OFFICIALLY ON EACH DAY OF THE WEEK ENDING FRIDAY, DECEMBER 7.)
NEW YORK STOCK
SALE-PRICES AT THE
SECURITIES.
STOCKS AND
American Gold
|
Railroad Stocks ;
188
registered.
registered.
x
CJnited States 6s, 1867...
'
do
do
6s, 1868
coxipon.
113
do
do
6s, 1868
113% 113
113 1113
do
do
6s, 1881
coupon.
100 x 104% 108%
da
do
6s, 1881
registered. ios% 108% /
108% 107%
106%
68, 6-20s
coupon.
do
do
do
do
6s, 5-20s
registered.
106% 106% 106%
106% do
coupon
do 68, 6-20a (2d issue)
lt)7
do
6s, 6.20s
do
do
registered 107% 107%)
107% [107%
do
do
6s, 5.20s (3d issue)
coupon
do
6s, 5.20s,
do
do
registered 108% 108% 109% 108% 108%; 108%
do
do
5.20s (new issue)...
. coupon.
♦.... registered
do
do
5.20s
do
do
do
6s, Oregon War, 1881
do
do.
do
6s,
do.
(J yearly).
5s, 1S71
coupon.
do
do
do
do
5s, 1871
registered.
do
do
5s, 1874
coupon.
do
do
5s, 1S74
registered.
100
100% 100%
do
do
5s, 10-40s
coupon.
do
do
5s, 10-40s
registered.
do
105%
do
6s, Union Pacific R. R... (cur.).
-05% 105%
do
7-30s Treas. Notes
1 stseries. 105% 105% 105% 105% 105% 105%
do
do
do
do
do do
2d series. 105 105% 105%
105%
do
M series.
do
do
do do
Chicago and Alton.
1°]>
State:
preferred
Chicago, Burlington and Quincy
Chicago and Great Eastern
^
Chicago and Milwaukee
Chicago and Northwestern
preferred
do
do
Chicago, Rock Island and Pacific
Cleveland, Columbus and Cincinnati
Cleveland and Pittsburg.
Cleveland and Toledo
Delaware, Lackawanna and Western
do
preferred
Hudson River
Illinois Central
Long Island
McGregor Western
do
do
do
do
do
Registered, 1860
6s, coupon,
do
do
96
Kentucky 6s, 186S-72
Louisiana 6s
Michigan 6s
do
do
do
do
68,1867-77
5s, 1868-76
78, State Bounty
North Carolina 6s
6s.
do
90%
RR.)..
92%
917
92%
92
93%
93%
Reading
93%
St. Louis,
do
x
55%
56%
do
Ohio 6s, 1S70-75
'
do 6s, 1881—S6...........................
Rhode Island 6s
Tennessee 68 1868
do
6s 1890
do
6s, (new)
53%
69
70%
70%
45%
45%
100
Consolidated
Spring Mountain
Spruce Hill
Wilkesbarre
Wyoming Valley
(Brooklyn)
Harlem..v.
Hoboken
Jersey City and
Manhattan
Metropolitan
New York
Williamsburg
Improvement.—Boston Water Power
Brunswick City
Canton
-
United States
Western Union
Western Union,Russian
Steamship.—Atlantic Mail
& Co
Mining.—Mariposa Gold
Mariposa
preferred
Minnesota Copper
New Jersey
Consolidated Copper
Quartz Hill
Quicksilver
Rutland Marble
Smith and P&rmelee
42%
102
43%
106
110%
37%
43
44%
50
.. .
95
1877...
102
111
| 71
89
89
82%
93
93%
93
mortgage...
do
and Western, 1st mort
do
2d mort.
102
97%
92%
ICO
100
do
Consolidated and Sinking Fund
do
2d mortgage, 1868
Hudson River, 1st mortgage, 1869
do
2d mortgage, (S. F.), 1885
do
8d mortgage, 1875
do
convertible, 1867
30%
47%
45
300
100
103
100 171
McGregor Western, 1st mortgage
Marietta and Cincinnati, 1st mortgage...
47%
100
100
100
81%
Ohio and
25
10
and Western Bonds
85
(112
29%
12%
81%
30
46% 46% 46% 44%
|
Pittsburg, Ft. Wayne and Chicago, 1st mort..,
do
do
do ° 2d mort... I
31% I
do
do
do
3d mort...
St. Louis, Alton and Terre Haute, 1st mort
do
do
2d, pref
do
2d, mcome.
do
do
do
43%11 Toledo and Wabash, 1st mortgage, extended.
12%
do
no
96
90
90
92
97%
97%
•
105%
do
2d mortgage
Mariposa (Gold) lgt mortgage
97%
97
75
,
21
110
Mississippi, 1st mortgage
,
12%
44%
110%
96%
Peninsula, 1st mortgage
50
100
Lackawanna
Michigan Central 8s, 1869-72
8s, new, 1882
do
do
47
47% 46% 43% 46% Michigan Southern, Sinking Fund
do
do
2d mortgage, 7s
96% 96% 96% 96% 97%
do
do
i Goshen Line, 1868.
103
105
170
171% Milwaukee and Prairie du Chien, 1st mort
170
173
173
Milwaukee and St. Paul, 1st mortgage
110% 110% 111
110%
2d mortgage
do
do
23
Mississippi and Missouri, Land Grants....
Morris and Essex, 1st mortgage
.4....;
New York Central 6s, 1883
do
do
6s,1887...
do
do
7s, 1876
do
do
7s, convertible, 1876....
75% 74% 75
.
do
do
»7s,1865-76....
81
82
81%
102%
99
Illinois Central 7s, 1875.
46
30%
31%
7%
....100 111
Mar. Railway . — 100
1 ransit.—Central American...;
... .100
Nicaragua......
100
Trust.—Farmers’ Loan and Trust
25
New York Life and Trust
.100
Union Trust
—.... 100
United States Trust
100
Rxpress.—Adams
100 82
American
500
Merchants Union
100
United States
— 100
Wells, Fargo
05%
263
Hannibal and St. Joseph, 1st Mortgage...,
Harlem, 1st mortgage, 1569-72.
25
20
50
20
100
Extension. 100
Pacific Mail
S. Am. Nav. &
105$
28%
29%
Great Western, 1st mortgage
do
do
2d mortgage.
100
Cary
Telegraph.—American
29%
do 3d mortgage, 1883
do 4th mortgage, 1880
do 5th mortgage, 1888
Galena and Chicago, extended
do
do
2d mortgage
50
100
50
.50
20
100
100
•
-
117%
29%
29%
Erie, 1st mortgage, 1868
do 2d mortgage, 1879
100
50
50
100
100
10
100
100
110% 110%
113% 113%
117%
mortgage, conv..
do
4th mortgage..
and Toledo, Sinking Fund....
do
155%
68
68
do
do
do
71
69%
do
^
Cleveland
Delaware, Lackawanna
100
Hudson
Hampshire and Baltimore
Lehigh & Snsquehanna...
Pennsylvania
Schuylkill
Gas.—Brooklyn
Citizens
do
do
preferred....
Railroad Ronds:
Cleveland and Pittsburg, 2d
3d
do
do
100
50
50
.100
100
..100
70%
Extension...
1st mortgage
consolidated
Chicago and Rock Island, 1st mortgage..
Chicago, R. I. andrPacific, 7 percent
do
do
do
,
Central
Cumberland
Delaware and
Western
Chicago and Milwaukee, 1st mortgage....
Chicago and Northwestern, Sinking Fund....
do
do
Interest
New York 7s
do
6s
6s
do
56
70%
70
100
50
Chicago and Alton, Sinking Fund
do
do
1st mortgage,."
do
do
Income
Chicago, Burlington and Quincy, 8 per
Chicago & Great Eastern, 1st mortgage
70
-.
Ashburton
Butler
56
100
100
^
cent...
Shares :
99
Alton and Terre Haute.
do
preferred. 100
do
Atlantic and Great Western, 1st mort
Buffalo, New York and Erie, 1st mort,
Central of N w Jersey, 1st mortgage
70%
69% 70%
69
:
Stonington
Toledo, Wabash and
56%
55%
56
55
110%
79%
79%
100)105%]106 112% 111%
12%
40
601112
.100
and Chicago
Second avenue
Sixth avenue
107%
(new).'
Miscellaneous
Goal.—American
12%
112% 113
82
bl% §0%
100
Indiana.
100
guaranteed. ..100
Pittsburg, Fort Wayne
93%
100
Bonds
Virginia 6s, coupon
Municipal:
Brooklyn 6s
do
6s, Water Loan
do
6s, Public Park Loan
do
6s, Improvement Stock
Jersey City 6s, Water Loan
88
do
preferred
do
Morris and Essex
*
New Jersey
'
New York Central
New York and New Haven
New Haven and Hartford
:
Loan
0s
7s, War Loan, 1878
Minnesota 8s
'
:
Missouri 6b
do
6s, (Hannibal and St. Joseph
do
6s, (Pacific RR)
New York 7s, 1870
20%
7% 117%
100
100
100,
..100 112%
100|H7
100
Norwich and Worcester
100
Ohio and Mississippi Certificates
I 29%
do
do
do
preferred....
Panama..
100
1860-62-65-70.
War Loan
Indiana bs, War
do
’79, after
do 1877
do 1879
84%
113% 112
112%
144% 144%
72% 72% 71% 71% 71%
83% 83%
56%
114
Milwaukee and Prairie du Chlen
100
do
do
1st pref.. .100
do
do
do
do
2d pref... 100
Milwaukee and St. Paul
100
•
(new)
Illinois Canal Bonds, I860
109
83%
84%
85%
do
do
7s
110
112
86%
100
100
Cincinnati, 1st preferred
do
2d preferred
Michigan Central. 4
Michigan So. and N.
51% 49% 51% 51%
44% 48
70% 70%
72% 68% 69% 70
104% 104% 103% 103% 103%
50
100
50
100
Indianapolis and Cincinnati
Joliet and Chicago
do
35
100
100
100
100
60
50
100
100
Harlem
Marietta and
110%
134
100
100
100
100
100
100
50
50
50
Hannibal and St. Joseph
do
do '
preferred
118
109
*. .100
Erie
do preferred
Connecticut 6s
do
do
do
itelifomia 7s
Georgia 6s
100
100
100
Central of New Jersey
Prig
hurt.
Wed. |1
Tue«.
Saiur. | Mon
SECURITIES.
STOCKS AND
Eri.
141% 140% 14'I % 138% 138% 138%
Coin (Gold Room)
National:
Thurs
Wed.
Tues.
Satur.iMon.
76
I 43 N
75
728
THE CHRONICLE
&l)e Commercial ©tmeo.
©
ness
cannot
further
be written
3
Dec 1.
22,933
55,032
6,917
Nov. l.
10,924
Beef, tierces and barrels
Pork, barrels
Tobacco, foreign, bales
Tobacco, domestic, hogsheads.
Coffee. Rio, bags
Coffee, other, bags
Coffee, Java, mats
62,297
9, 00
61,101
24,052
6,300
*3
41,324
46.645
68,2a
108,445
•
•
Molasses, hogfheads
Molasses, barrels
Hides, No
•
•
•
7,915
•
.
•
•
fr*
35.127
26.133
115,000
60,707
9U,137
9,458
18.054
603
8,6C0
13,800
3,500
44,650
14,292
16,216
•
6,350
11,038
•
tiled.
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7,000 bbls. Refined in bond have been taken for export, mostly
at 80£@32c. for Standard White.
Oils are generally lower.
East India Goods are firm, and Manilla Hemp has advanced
to 12c., gold.
Metals have been dull, and Pig Iron may be
called a dollar, currency, per ton lower.
Fruits and fish have declined, with more
activity. '
Foreign Dry Hides declined on Monday last fully lc., gold’
per lb., with large sales; but since then have shown more
moderate business.
Leather is
quiet. Tallow has been declining, under pressure to sell.
Whisky remains nominal.
Wool shows very little improvement in demand, but
prices
are
strengthened by a prospect of higher duties on imported
•
CO
crj
.
GO
Freights have been moderately active.
%
following table shows the exports of leading articles of com¬
merce from the port of New York
since July 1, 1866, the principal
ports of destination, and the total since January 1, and for the same
period in 1865. The export of each article to the several ports and the
total export for the pent week can be obtained
by deducting the amount
ia the last number of the Chronicle from that here
given ;
•
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wools.
The
.
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co
i-t3o
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some
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cf •
toco_r-icochmia^c3
^-To tT- cfr-Tto'
ri
TH
•
■•vqo^ti .3cg»g5lriT-tt.55IHS0tci-oc0 70 50Tj'Q0cs>«^t
ie•
co^to
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t*«JJ
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e»
Petroleum has further declined, but at the concession
:
—
o»
ilsiSi geo^t-g ;8fc-
Ol Cl
•
hog products, prices have slightly
llc.@ll£c.
per lb.
The pork packing season has fairly opened at the
West, but progresses very slowly.
Live Hogs are selling in
the Western markets at 5^@5^c. per lb.
Prime Lard 11 @
ll£c. New Mess Pork $18@18 50. Cheese has been taken
freely for export, sales embracing about 20,000 boxes, for the
English market, mostly prime dairies, at 12@14c., with some
factory made at 16c.
Naval Stores show a decline of 10c. per
gallon in Spirits
Turpentine, 50c. per bbl. for Common Rosin and $1 per bbl.
very
*
c$
re-
lines of Beef and Prime Pork for the French forces in Mexico.
Bacon moves sparingly as yet.
Cumberland cut
•
:|§ j
^
~
: : :88 : :S3“88
S iO
‘
■PM
C3
Tobacco remains dull.
a
00
«
Breadstuffs have
declined, but the concession has led to more activity. In
Lard, especially, the export demand has been active, and
some 2,500 bbls. and tcs. have been taken
; also, considerable
steadiness, but with
•
s
§
3,118
13,401
have shown
In Pork, and some other
«
:S l *:*5r*s*« :§ j j i»S j
ef tJ
x»T
g
w
.
vival of demand.
•
«
to
•
12,111
10,848
»
*S • *
18,990
16,748
....
: :8Sg :§ : :
T-I
-ioc-O
•
iIi|SSg|| :g : :g
CQ
13,500
6,720
36.900
•'#
a
rs
17,869
1,400
6,760
“
CO
2,903
....
C
•
■
J. S
8,389
3,263
1,501
3,127
:§ :S :
:
«
ISO,000
622
9,670
7,34 J
,
™
287,900
17,014
13,232
8,625
Tar, barrels
.33
*
4,302
4,356
361
Spirits turpentine, barrels
Is
32
111,500
2
£
603
90.000
Crude turpentine, barrels
*
S
•
'*fs-i's'i"s-s8's‘“a2¥s's'§'
ri
28,885
54,750
65,885
8,067
•
66,280
*.
Rice, E. I., cleaned, ba<rs
Rice, E. I., unci aned, bags
Rice, Carolina, tierces
Gunny Cloth, bales
Gunny Bags, bales
Linseed, bags
Saltpetre, bags
Jute, bates
Manilla Hemp, bales
.
67,700
17,739
Pe roleum, ernde. barrels
Petroleum reff ed, barrels
CottoD, bales
Rosin, barrels
O
|
83,352
10,697
44.447
•
S'-
6,676
37,159
49,750
Sagar, hogsheads
Bngar, boxes
Sugar, bags
MeJado, hogsheads
S1.6S7
eo
'
«
40,718
41,351
25,380
39,517
33.767
35,000
cf
•
1865.
Doc. 1.
,
co
a -i
o
than
-1866.
«
x52$295£2®«e■*«ce• •*S'»cC?S2flO*,,,*opi-<90C*c'oo»©i-i®»fc--ceo .-^ec*-©
*Q
c:« c? 25 g> co
—'CO-rc-E
§§
B
•2
moderate, and no marked
improvement is looked for till after the 1st of January.
The following is a statement of the stocks of
leading
articles of foreign and domestio merchandise :
more
;sgiSis!§Ig£g!tsiS!2 :§sis
rffSfSfgSSg ' '8* 5“|g'S|SSS|g|'|S|' 'Eggi
~
o
slight improvement in trade. After a
period of great dulness, covering several months, the require
ments for
consumption begin to assert themselves. Still, busi¬
a
:
h
Fbidat Night, Dec. 7.
There is
*8
©
| |2
OQMMERCIAirriPITO^T™^
[December 8,1866.
;
s*»
--•wg3S
•
sj e
.
© fe*©
a
e *
Lb
o
Wi
S
DgO I
fc"3 B-o
*
“ fl
a«9 o
T1J3 t)
®
I
5.
u:
!
■
So©
&
December 8, 1866.]
THE CHRONICLE.
Imports of Leading Articles.
September I
now amount to 159,853 bales, against 306,629
bales last year. Below we give our usual table of the move¬
ment of Cotton at all the
ports since Sept. 1, showing at a
The
following table shows the foreign imports of certain leading
articles of commerce at this port for <he week ending Nov. 80, since Jan.
1, 1866, and for the corresponding period in 1865:
[The quantity is given in packages when not otherwise specified.]
For
the
week.
43
Since
Jan. 1,
1866.
5,551
3.253
420,665
30
15,820
647,486
Buttons
Coal, tons
Cocoa, bags...
Coffee, bags ..
Cotton, bales.
Drugs, &c.
Bark, Perxiv
....
Blea
1,677
667,455
29,448
4,767
17,749
8,932
2,148
1,126
15,600
1.071
1,152
Cochineal...
...
Gambier....
24,098
13,731
Gums, crude
Gum, Arabic
Indigo
Madder..
5,554
49,485
22,035
Brimst, tns.
2,817
6,349
8,393
87,248
785
Opium
Soda, bi-carb
Soda, sal....
8oda, ash...
135,071
85,613
37,311
9,337
4,469
24,495
4,739
110,260
Flax
Furs
Gnnny cloth
.
Hair
Hemp, bales..
Hides, &c.
Bristles
2,399
Hides,dres’d
10,859
23,319
India rubber..
Ivory.
Jewelry, &c.
Jewelry
1,304
734
Watches....
Linseed
Moissses
Metals, &c.
Cutlery
1,104
230,163
123,440
Stocks at Dates mentioned.
219,428 199,848
422,073 194.543
Spelter,lbs.109,219 9,554,634 2,731.900
Steel
4,234 181 361
82.475
Tin, bxs.... 13,100 762,330 577,202
Tin slabs,lbs 34,33 » 6,379,513 6,328,117
Rags
1,548
41,562
30,474
Sugaf, hhds '
tcs&bbls.. 2.541 366,670
277.675
Sugar,bxs&bg 17,894 373,^35 381,068
Tea
2,590 673,484 622,707
Tobacco
931
21,125
28,706
Waste........
184
14,061
11,778
83,315
Logwood...
2,824
Receipts and Exports or Cotton (bales) since Sept« 1, and
time
1S65.
4,781
Iron.RRb’rs
777
Lead, pigs.. 13,483
94.464 Woods.
Fustic
142,396
6,267
glance the total receipts, exports, stocks, &c.:
Same
4,502 Champ, bkts 1,226 106,915
59,679
663
2,504 Wines
363,741
108,898
86,433 Wool, bales...
194
55,422
55,572
923 Articles reported by value.
62.152 Cigars
$2,957 $1,227,336 $833,462
13,420 Corks
1,167
158,121 133.260
27,403 Fancy goods.. 60,651 4,000.628 2.926,554
10,673 Fish
28 659
810,127 878,061
6,362 Fruits, &c.
Lemons
3,575
4,215 486.827
250,223
2,789
Oranges.... 3,473 301.870 317,614
27,240
8 6,962
68,702 Nuts
968,834
Raisins
47,936 952,346 776,363
1,332 Hides,undrsd. 160,932 6,205^682 4.805J33
5,898 Rice
730,4181,027,282
24,301 Spices, &c.
Cassia
2,224
11,202 143,976 212,290
Ginger
46,166
48,401
610
Pepper
230,386
111,364
897 Saltpetre
144,159
93,727
7,637
3.980
Oils, ess ...
Oil, Olive...
For
Since
the Jan. 1,
week.
1866.
101
12.514
4,015
6,040 Wines &c
4,189
...
Hardware...
3,571
298,562
1,996
p’wd’rs
Cr Tartar
Same
time
1865.
Mahogany
EXPORTED SINCE SEPT. 1 TO—
RBC’D
PORTS.
N. Orleans, Nov. SO.
Charleston, Nov. 30.
Savannah, Nov. 30..
Texas, Nov. 30
New York, Nov. 30*
Florida, Nov. 30+....
N. Carolina, Dec. 7.
Virginia, Dec. 7
Other p’ts, Dec. 7*.
[Of the items left blank in 1866
This
week.
Ashes, pkgs...
no record was
Since
Same
Jan. 1. time’65
,
Rosin
4,856
Tar.
493
40
Corn
Malt
25
4,155
6,280
•
•
•
•
602,95(521,559,63815,073.680,Oil, Petroleum. 22,2931,002,513 £03,830
620
187,3401,141,482 804,050 Peanuts, bags.
14,405
....
20,879
Provisions—
478,492
Barley.
633.289 4,353,018*2,831,215
Grass seed...
2,013 134,9*25
Flaxseed....
234
65,430
12,961
....
Beans
Peas
C. meal,bbls.
C.meal.bacrs.
Buckwheat &
B.W. flour, bg
Cotton, bales
Copper, bbls
Copper, plates.
..
843
30,851
1,986
6,557
46.241
269,645
192,953 +290,155
258,705
....
910 80.604
19,770 699,318
699,3/8
64
306
....
.
215,540
2,796
64,594
96,295
900
100,123
7,781
3,574
73,967
96,725
85
Beef, pkgs.
Lard, pkgs...
Lard, kegs...
..
•
•
•
.’
Stearine.
week
bbls
Tallow, pkgs..
25
260
5,188
6,1S2
..[Tobacco, pkgs.
8,586
161,816
62,516
724
41,1002,178,940 2,0l0,300j Whiskey, bbls.
4,385
Wool, bales.
Dressed Hogs,
6,819
pigs.
Molasses, hhds
841
& bbls
Naval Stores—
Crude trp,bbl
18,473
No
....
Rice,
9
739
Spirits turp.
35,961
56,007
Including barley malt.
990
28,801
bush
632,665
The
•
22,706
»
>
20,212
•
6,219
following
New Orleans
Mobile
Charleston...;^..
Savannah,
Total this week.
The total
3,301
1,000
1,942
1,761
16,827
3,923
....
'
462
....
•
•
•
•
•
i
burg.
515
Total.
8,899
1,761
515
•
•
•
m
9
•
•
•
....
•
•
•
•
•
•
•
•
•
•
••*
•
•
•
Ml
....
:
N. Orleans
Mobile. & Texas
; 30
31
31.82
82
S3
Florida.
80
81
32
83*
35
bales
-
34
85
35
36
87
Teutonia, 515.
4C6
i
.
To Hamburg per steamer:
Total bales
* 615
Below we give our table showing the exports of Cotton
from New York, and their direction for each of the last four
weeks ;
also the total exports and direction since September
1, 1866; and in the last column the total for the same period
of the previous year :
*
Exports of Cotton (bales) from Newlfork since Sept. 1,1860
Same
time
Total
Nov.
Novv.
Nov.
20.
27.
*
4,322
8,803
8,578
124
Liverpool
Other British Ports
41
.
Total to Gt. Britain..
4,446
8,844
Havre
Dec.
to
prev.
year.
date.
22,533
foreign exports from the United States since
7,898
...
....
8,578
7,898
305
ports
.
..
V*
305
....
692
—
..
....
692
^
Spain, Oporto and Gibraltar
184
124,445
8,706
67,966 128,151
1,584
8,828
....
....
....
1,584
8,326
406
615
294
446
8,201
1,974
1.259
3,893
203
89
....
740
781
....
67,782
80
801
480
....
Europe
80
....
....,
9a
5,241
5,$73
....
795
169
795
....
169
All others
Total
Spain, etc —
....
Grand Total
5,138
9,430
9,818
8,899
75,723
l
6,887
Receipts of cotton at the port of New York for the week
Sept. 1:
and since
This
From
New Orleans
Texas... f
Savannah...
Mobile
Florida
Since
week.
Sept. 1.
Bales. Bales.
4.567
45.726
6,600
4,163
2,054
11,495
626
1,315
20,306
4,911
895
9,633
Norfolk, Baltimore, &c.. 3,018
Per Railroad
8,132
39,4y0
>
This
Since
week. Sept. 1.
Bales. Bales.
From
South Carolina
North Carolina
19 8 5
Foreign...!
Total for the week
Total since Sept. 1
925
8.006
406
•
steamers: Persia 1,085; Tarifa 1,231: 'Etna 786; City
635; Scotland 2,0j9; City ot New York 1,808. Per
ships Storer 250 ; Universe 249. Total bales
7,898
To Bremen per steamer: Bremen 806; per barque Edward 100. Total
Ham-
400
400
•
•
•
....
»
•
•
31
32
Bremen and Hanover
1,000
1,942
462
•
•
.
•
To Liverpool per
of Washington
«
406
8,843
•
•
,
Total to N.
....
•
Exports of Cotton from New York the past week amount
8,899 bales, of w hich 7,898 were to Liverpool, 80 to
Havre, 515 to Hamburg, and 406 to Bremen, as follows :
follows:
80
....
•
12,£93
receipts of Cotton the past week at all the ports
60,843 bales, against 62,989 bales the previous
week, making the total receipts since September 1, this year,
457,762 bales, against 616,003 bales for the same period in
1865. The exports from all the ports for this week show a
decrease, the total reaching 22,533 bales, of which 16,827
bales were to Liverpool, 3,923 bales were to Havre, 462
bales to Bordeaux, 400 bales to Barcelona, 406 bales to Bre¬
925
.
6,173
13.
amount to
7,»98
226,082 454,878
.
4,813
1,640
75,723
•
to
The
Liverpool.
159,853
.
WEEK ENDING
Friday, P. M., Dec. 7,1866.
.
9,250
•
Upland.
$ ft 30
Middling
COTTON.
Baltimore.........
3,186
8,167
•
•
Good MMdli
Middling...
Other French
BarceIona. Bremen,
261
79,756 180,426
21,836 53,865
30,019 11,124
49,464 16,107
6,420 18,843
115,000
6,477
611
11,898
20,212
$60,000
53,917
12,407
801
the closing quotations
are
Other ports
New York......
•
PORTS.
about 12.500 bales.
EXTORTED TO
+ Including bags reduced to barrels.
BorHavre. deaux.
f •
STOCK.
NORTH.
....
....
rough,
—Exported this week to
2,015
«
180,836 19,767
Total French
as
•
Good Ord i nary
Low Middling...■-.
16,686
Hamburg,
•
2,925
Hamburg
men, and 515 bales to
•
.
....
16,049
6,477
11,898
Ordinary
93,280 65,505
118,717 131,915
81,769
•
-
457,762
are
3,967
....
26,485 Tobacco, hhds.
Lead.
•
7,739
2,020
Spelter, slabs..
Sugar, hhds &
2,918
Hemp, bales...
Hides, No
16,427 359,341
18,955
nops, bales.^..
125
Leather, sides
147,935
121,904
939
903
Eggs
713,730 Starch'
6.687
20.562
6.421
113
27
Grease, pkgs...
Cut meats...
605,760
100,410
24,376
307
16,604
16.604
1,253
Driedfrmt.pkgs
....
429.332
692.956
10!.086
2,270
....
•
14,648
1,170
44,272
2,877
99,843
Pitch
Wheat, bush.914,9305,142,884 8,623,820 Oil cake, pkgs
Oats
.533 568 7.937,726 9,279,425! Oil, lard
Rye
Since
Same
Jan. 1. time’65
373.312 125.021
33,739 18,163
11,606
20
8,147
4,813
1,640
67,966 1,684
Total.
week has been fairly active, with no
important variation in prices. A steady export demand has
been the main feature. Spinners are
doing but little, being
supplied principally from the Southern markets. There is less
money pressure upon receivers of cotton, and they are carry¬
ing the increasing stocks with more ease. The sales of the
since
made.]
This
week.
90
16,5 5
5,395
Breadstuff's—
I
Flour, bbls.. 109,5882,563,3133,394,665
7,
for’gn.
The market the past
Receipts of Domestic Prodace for the Week, and since
January 1.
The receipts of domestic produce for the week ending Dec.
Jan. 1, and for the same time in 1865. have been as follows:
France Other
64,802
Total
177,544
217,326
115,289
Great
‘Britain
1.
196,538
71,669
42,192
Mobile, Nov. 30
8HIP-
m’ktsto
SINCE
SEPT.
66,159
153,159
7,229
729
16,774
57
.
19,770
173,797
The
following are the receipts of cotton at Boston, Phila¬
delphia and Baltimore for the last week, and since Septem¬
ber 1:
-•
*
4
♦
The receipts given for these ports are only the shipments from Tennessee
Kentucky, &cM not otherwise enumerated.
+ These are the receipts at all the ports of Florida to November 80, except
Apalachicola, which
X Estimated.
are
only to November 8.
THE
730
/—Boston.—,
Philad’phia.—>
Last
Since
Sep. 1.
17,988
week.
192
Sep. 1.
week.
1,110
New Orleans
Texas
....
4,744
533
775
Savannah
Mobile
Florida
11,428
36
....
13
47
South Carolina
North Carolina
Virginia
New York, <fcc*
Tennessee, Kentucky,
«fec...
1,260
1,782
1,173
1,341
16,928
•
•
.
«.
.
,
,
618
207
4
....
....
-
•
1,008
•
•
•
....
52
426
558
•
3,471
•
•
•
•
....
•
....
....
3,484
233
506
,
....
....
.
.
3,613
88
2,806
•
73
105
,
Sep. 1.
....
....
....
2-%
5,219
2,909
....
2,728
e
•
....
....
....
60,618
7,229
370
Date. Rec’ts. Sales. mends. Stock.
3,148
2,096 1,500 1,076
Oct. 5.
“
2,620
12.
2,663 1,153 3,851
44
2,608
19.
2,986 1,177 2,666
“
6,401
26.
5,395 2,086 1,599
4;667 2,191 5.854 5,651
Nov. 2.
44
7,409
9.
5,096 3,472 4,1)35
“
16.
6,882 1,400 3,673 10,618
.
.
this week from either Bos¬
ton or Philadelphia.
From Baltimore 025 bales wrere ex¬
ported to Liverpool, per steamship Carroll.
The Crop.—We have nothing new to report with regard
to the crop. The season for picking is now about over through¬
out the cotton-growing States, and we shall soon know the
result. Estimates differ as to the total yield, the extremes
being from l£ millions to about
million bales. The former
figures indicate the Southern view, and about 2 million bales
would indicate the more generally recent estimate at the
There
are no
exports of cotton
.
.
.
.
.
“
23.
44
30.
5,.*;83
4,899
.
.
5,901
10,105
1,879 3,880
11,124
1,900
-
gold.
%@%@-
%@%@%@—
145@148
14S@150
146@14S
%@%@—
1
@—
1
@—
1 @—
1 @-
%@%@%@%@-
@32
%@__
_
147@149
146@148
147@149
145@147
143@145
%@- 143®145
%@—
@-
Price
York.
pool.
@36%
@36%
@-
36
36
32
31
32
To New
T
To Liver¬
Price of
mid.
38 @39
35 @36
39 @40
36 @-
Ship-
•
Reshipments.
*
TTtOM
fA.
11,819
931
but the mar¬
quotations nominal.
Charleston, Dec. 1.—The [receipts for the week ending Nov. 30
amount to 4,899 bales, against 5,388 bales last week. Shipments for this
week amount to 3,880 bales, against 5,901 bales last week, of which
1,942 were to Liverpool (per ship Ida Lilly), 1,612 were to New York,
88 to Boston, 75 to Philadelphia, and 163 to Baltimore. The receipts,
sales, and exports for a series of weeks, and the stock, price of middling,
rates of freight to Liverpool and New York, and price of gold at the close
of each week since Oct. 5, were as follows:
Freight for Upl’d—>
"
bales 6,698
Total receipts
Since
Last
week.
Receipts from—
Since
to 1,098;
The sale? this week are increased, amounting
ket closes without animation, and the
.—Baltimore.—,
Last
[December $, 1866.
CHRONICLE.
but has shown
improvement in the
in the demand, and
middlings were quoted at 23£, but ou Friday the improvement was
lost in consequence of the decline at Liverpool. The receipts show a
falling off. Freights are lower. Sterling 60 day bills close at $6 65 to
$6 70.
Savannah, Dec. 1.—The receipts for the week ending Nov. 30 were
North. The receipts at the ports are now quite liberal, but
6,460 bales, (of which 382 were from Florida) against 7,047 bales last
very little is being exported, and stocks are therefore decidedly week. The shipments this week were 5,944 bales, of which 1,761 were
the increase, now amounting at all the ports to 454,S'/6 to Liverpool per bark Thomas Fletcher 3,583 were to New York, and
600
to Boston. Below we give the receipts, shipments, prices, <fcc.,
bales.
The market has not been active during the week;
considerable firmness. On Monday, the news of an
Liverpool market caused a considerable increase
on
were
Dec. 1.—The mail returns for the week ending
show the receipts to be 28,836 bales, against 27,703 bales last
Nkw Orleans,
for
Nov
week.
The shipments for the last week were 16,316 bales, of which 3,301 bales
to Liverpool per ship Abbotsford, 3,843 to Havre per ship Fannie
Larrabee, 400 to Barcelona per brig Ioven Joaquim, 462 to Bordeaux
per bark Bordelaise, 5,393 to New York, and 2,917 to Boston. Stock on
series of weeks :
a
.
_
_
_
__
Price Mid.
Stock.
Receipts. Shipnfs.
_
@39.
38
36 @37
3,296
12
3,726
5,509
5,939
36 @37
19
4,991
4,154
5,346
36
35 @35%
26
8,858
4,644
9,560
Nov. 2
3,505
14,224
8,169
33%@34
9....
7,614
31 @32
6,958
14,880
31 ©32
16
8,496
6,170
17,206
hand Nov. 30 was 180,426 bales. The receipts, sales, aud exports for
7,047
8,562
23
15,691
31%@32
series of weeks, and the stock, price of middling- rates of freight to
30
6,460
5,914
16,107
Liverpool and New York, and price of gold at the close of each week
The transactions have been very limited through the week, sellers
since Oct. 5, were as follows:
Freights
being disposed to withdraw their stocks rather than submit to any
To Liver-To New
Price
Rice
decline in price. At the close the market under the influence of the
pool.
York.*
gold.
30
2,847"
5
Oct.
“
3,274
...
44
were
44
“
a
44
,
,
.
Stoek. Mid.
83,839 40®— 9-16®% 1® — 147%®147
9-16®%
93,398 40@— 9-16®% 1® — 148%@149
1® — 147%@148
19
99,991 38®39
1®
112,521 37®38 9-16®% 1® — 148 @148%
26....
— 147%@148
Nov. 2....
126,215 37@38 9-16®—
o
25 662 17,850 16,145 137,561 nominal.
%@9-16 1© —
16"." 24,968 9,210 17,457 147,328 nominal. X®?-™ *© “
>>©9-16 1© —
23
27 703 15,900 10,667 166,022 34©—
22,400 imig 130,426 33®30.;;;
*©9-10 u@- uomSales. Exp.
9,410 17,000
10,400 3,103
16,500 14.000 11,731
21,500 16,550 10,443
22,019 19,500 8,502
Date.
Rec'pe.
5.... 7,5ii6
Oct.
“
12,662
12
“
*
news
By steam.
The transactions .in cotton
the sales having amounted to
in sympathy with the
of lower
buyers being
advices
Liverpool was depressed,
quotations at
unwilliug to operate, and the prices were nominal.
Liverpool Cotton Market, Nov. 21.—Although telegraphic
from New York report a further decline in the value of cotton,
receipts at Southern ports for the last week of 48,000
no
during the week have been more liberal,
22,400 bales. Prices, however, are lower
decline in New York and dullness at Liverpool.
Ordinary closed at 26@28, good ordinary 29@30, low middling 31(5)32,
and middling at 33. Sterling exchange is quoted nominally, 148@148£
for bill of lading bills, 149(5)151 for commercial, and 152(5)152^ for
and
bales, further
decline has taken place in the value of cotton at Liverpool. There is,
however, but little business doing, and the quotations tend downwards.
The total sales, since Friday morning last, are estimated at about 44,000
bales. The imports have been 25,000 bales, of which about one-third
from the
are
United States.
-i ->✓*«-»
-4 .«**> a
h on**
Annexed are the prices current:
H orn* i
x
1CC9 i OA4
1863.1864.1865.1866.
Pernambuco
27% 24% 19% 14%
Egyptian
26% 23 18 11
20
14% 14
9
Broach
Middling
1863.lS64.1865.1866.
42 34 25
Sea Island.... 39
Upland
27 24% 19% 14
Mobile
27% 25
19% 14%
•»r *
i
-iu*
Orleans
.
1.—By mail we have received one week’s later dates
from Mobile. The receipts for the week ending Nov. 30 were 9,640
bales, against 10,193 bales last week, and the shipments were 3,461
bales, of which 1,000 bales were to Liverpool, 383 bales were to New
York, 1,066 bales to Boston, and 1,002 bales to New Orleans, leav¬
ing the stoek on hand aud on shipboard, not cleared, of 63,365
The following are the weekly receipts, sales, and exports for a series of
weeks, and the stock, price of middling, rates of freight to Liverpool
and New York, and price of gold at the close of each week:
r-—Freight
*
To
To New
The
P. M., Dec. 7.
Friday,
from all the ports this week show
of crude tobacco and a
exports of Tobacco
in the shipments
further decrease
a
9
14% 14
20
Dhollerah
TOBACCO.
Mobile, Dec.
bales.
..
14%
27% 25% 20
bank.
,
manufactured, the total for the week be¬
ing 1,603 hhds., 586 cases, 53 bales, 460 pkgs., 136 hhds.
stems and 106,571 lbs. manufactured, as may be seen in the
slight increase in
Price of following:
Manfd
,
Pkgs. ,—Stems
lbs.
Stock* mid. L’pool. York.
gold.
Hhds. Case. Tierc. Bals. &bxg. bales, hhds.
103,814
143 @144 Exported from
22,350 37®— % 1%@
28
136
23
260
611
23,270 37©— X 1%@ X 150 @151
2,757
• 42
750
28,656 37@— X 1%@ X 147*®148* Baltimore
327
...."
25
320
185
Boston
26
32,861 .35®— X Da® X 146 @148
105
6
Nov. 2
35,431 35®— X 1%® X 145 @147 Portland
9
39,477 3‘@34#% 1%@ X 145 @147* New Orleans
106,571
16
46,151 30@31 X 1%® X 143 @145
460
136
53
586
1%@ « 139 @140
X
1,603
23
47.176 31®
95,975
68
240
140 @142
30
146
1*@
X
1,126
1,877
30
53,365 31@
Below we give our usual table showing
The market, the first four days of the week, has shown considerable
of Tobacco from all the ports of the United
activity at higher rates, middlings on Tuesday touching 32^ : but
last two days the demand has fallen off and prices are lower, on un¬ direction, since November 1 :
favorable advices from Liverpool, the market closing same as last week.
Exports of Tobacco from the United States since Novem¬
ber 1, 1866.
Sterling exchange closed at 148@150.
,
,
Galveston, Nov. 24.—We have received one week’s later statement by
Cer’s &
,—Stems—* Pkgs. Manfd,
lbs.
Cases. Bales, tcs. Stps. hhds. biiles. & bxs;
mail from Galveston. The receipts for week ending Nov. 23 were 3,572
To
Hhds.
115,206
141
167
1,422
Great Britain
bales, against 4,064 last week, aod the shipments were ody 753
63,410
422
179
437
2,903
4,682
of which 737 were to New York, and the balance to New Orleans. Germany
Belgium
'. 130
36,411
Below we gi?e the receipts, sales, and shipments for a series of weeks, Italy
1,138
2,205
and the stock, price of middling, rates of freight to Liverpool and France
150,644
31,546
New York, and price of gold at the close of each week;
□pam
50
50
800
Mediterranean
Price of
Receipts. Sales. Exp's.
3,086 8,650 3,891
2,847 3,800 1,927
7,366 2,350 2,580
8,6S0 4,300 3,875
7,393 4,900 4,823
9,100 4,950 5,054
9,866 4,200 3,192
10,193 5, 25 9,168
9,640 5,150 3,451
Date.
Oct. 5
“
32
44
19
44
44
“
....
..
....
....
..
•
•
.
•
••
...
..
-
....
....
..
•
.
✓4
....
..
....
.
the total exports
States, and their
the
bales,
W*
Ain
...
-
,
4—Receipts-^
1866.
Date.
690
5...
Oct.
it
746
12...
3,214
8,928
19... 1,419 3,561
26... 1,663 5,524
2... 2,119 5,778
9... 4,419 4,950
44
44
Nov.
44
h
*«
lb... 4 064
23... 3,572
44
*
1865.
Specie.
Exp.
Stock.
6
6,427
1,195
6,181
7,592
8,111
8
1,494
71
3,072
10,159
11,506
8.967
46
15.524
5,432
753
*8,843
Freights.
-
»
Africa
China, India, &c.
Australia...:
B. N. Am. Prov..
South America...
West Indies
East Indies
.
.
Per steamer.
Mexico
All others
,
...
...
Austria
Price
gold.
143®145
150® —
145@148
%@
145@148
%@...
26®..
1 ®% 147@150
%@...
25@..
%®.. 147®149
%@...
25®
%@... 1%@..146%@147%
22%@23
22%®.. 13-16®% 1%@..138 @140
Price To Liver- To New
York.t
mid.*
pool.
%@9-16 1 @%
£4@25
%®9-16 1 ®%
23@24
1 @%
%@...
26@27
•
14
291
4i
.
.
56
5
13
156
73
244
•
•
T’l since Nv.l,’6612,153
51
.
168
1
79
555
.
•
-
.
.
,
,
,
• •
.
.
.
•
.
•
•
.
113
589
•
•
,,
••
389
831
...
...
...
31
1,000,115
46,058
10,493
46,145
...
;
.
•
•
•
...
,
,
•
•
...
4,197
•••
mm.
i
30,172
1,218
141
"7!
422
.
•
...
• • •
313
' 50
T79 1,482
1,530,513
Kentucky.— At Louisville the
sales for the week were 161 hhds.
following table indicates the ports from which the
above exports have been shipped :
Tc«. &
Bxs. & ^-Sterns—. Lbs.
From
Hhds. Cases. Bales. crnB. Strips, pkgs. hhds. bis. mant’d.
New York
4,927 3,275 1,064 141* ... 364 318 179 1,527,472
Baltimore
2 180 ...
3,041
6,035
3
Boston----.
370
797
905 154 ...
...
Portland
20
14
319
The
Receipts.
Hhds..
.
.
Boxes
For the
week.
287
116
.
On the
801
New Orleans.
Other porta
731
THE CHRONICLE.
8,1866.]
December
offerings
market has been rather quiet,
Stock on hand, 4,838.
For the From
week. Apr,
Apr. 1. time ’65.
20,673
20,960
13,632
13,74S
Hhds..........
221
Boxes
861
Same
24,204
34,46
23,983
33,591
good qualities. The
4th, the market rather firmer for all
were
Exports.
,
.
Same
From
The
light and principally trashy and nondescript
leaf. The
Sales 14 hhds. at
Total since Nov. 1.. 12,153
4,197.1,213 141
...1,482 558 179 1,530,513 @2 90, 12 at $3(5)3 95, 9 at $4@4 85, 7 at $5@5 90, 8 at $10@10
2 at $ll@ll 60, 4 at $12@12 75, 4 at $13@13 75, 2 at $14@17 26.
The market this week for low grades Kentucky has been
breaks amounted to 77 hhdB
,
with lS rejections.
$2
75,
Missouri.—At St. Louis, on the 4th iust., the market was very dull,
moderately active—about 400 hhds. being taken for export— at quotations: Common lugs, 2|c.fair and good do from 2$@8f c.;
at 4@5^c., but the local trade has been doing very litlle, the prime do from 4@5c.; common leaf from 6@7c.; factory-dried leaf from
local sales being only about 100 hhds. medium and prime 6@ll|c.; medium dark fillers from 5@7^c.: medium bright do from 12
good
qualities at 14@18c. Seed leaf tobacco has also been very @20c.; black wrappers from 10@16c.; lb. and fine leaf from 16@30c.;
and fancy bright do from 35@75c. per
f
*
quiet. The sales have been principally for export, embrac¬
New Orleans.—The market for the week ending Dec. 1 was rather
ing 175 cases Ohio, 6c.; 300 cases Old Ohio, 8£e.; 93 cases
quiet. The inquiry was fair for export, but no considerable transac¬
Ohio, private terms. For the local trade the business has tions were effected, and only a few hhds. were taken for consumption.
been light; 23 cases old State sold at 5-Jc., and some small We quote: Low refused 3$@4^C-,good do. 5@5I, common leaf 6@T$,
lots of State and Connecticut at our quotations.
Nothing fair 8(5)10, good 11(5)12, fine 13@16, choice eel. 15(5)20, cutters* and
has been done in foreign tobacco, manufactured is very quiet. balers 20(5)25. Receipts for the week 69 hhds. Exports for the week
18 hhds. to Bordeaux, and 39 hhds. to Liverpool—total 57.
Stock on
KENTUCKY LEAF (HHDS.).
hand 5,236 hhds. Inspections since Sept. 1, 13,810 hhds.
Ky. Light H’vy West.
Ky. Light H’vy West.
& Cl’ksv’le.
Leaf.
1 eaf.
& Crkev’le.
Virginia.—At Richmond late quotations are still sustained. The
11c ©12# 15 @17c
Good Leaf. . 13 ©15
Common Lugs.. 4c© 4#c.
— @ —
breaks at the Tobacco Exchange for the week ending Dec. 1 amount to
18 @20
Good
do
5 @ 5#
5c © 7c.. Fine do
16 @18
21 ©22
167 hhds, 19 tierces and 74 boxes. Common lugs, light weights, per
Common Leaf.. 6 @ 7#
7#@10# Selections...
100 lbs. $3 50(5)5, good shipping lugs, good weights, $6(5)9 60, good
Medium
8 ©10
11 @14
do
..
..
working, good weights, $9 50(5)12 60, common shipping leaf $11@
fine extra shipping and twisting $18@22, fine manu¬
facturing $23(5)28, extra manufacturing $30@45, common fancy wrap¬
(BOXES).
SEED LEAF
sweet
4#© 6c
N. Y. State.—Fillers
Ohio.—Good running
Conn.—Prime wrappers
45 ©60c
Average “
30 ©45c
Com.
“ to b’d’rs 16 ©25c
Fillers
10 @12c
N. Y. State.—Wrappery lots. 12 @20c
Running “ . 7#@12c
7#©10c
5 © 7c
lots...
Average
14, good $15@20,
...
old, $50(5)75, good old $100(5)176.
continue moderate, and the stock
Fillers
3 © 5c
remaining in factors hands from the poor assortment, offers restricted in¬
manufactured.
ducements for selections, it being principally composed of common,
West. & City. Virginia.
West.. & City Virginia.
Tax paid.
though there are some old crop offering, embracing all grades from com¬
Tax paid.
>
mon *o fine.
Navy # lbs. and lbs.—
The demand is fair for export to fill up the vessels now
Black work.—5s, 10s, # and # lbs.—
Common
30 @ 40
30 ® 40
Common
3Uc@ 40c 30c© 40c
loading, and the sales reported amount to ‘200@300 hhds., at prices •
Good and fine 60 © 72
60 @ 70
Medium
45 @ 55
45 © 55
within our range below. We notice the receipt of several hhds. of new,
In bond
Good and One 60 © 72
60 @ 70
Black.—Common. 23c© 25c 20c@ 22c
the leaf being of good texture—ripe, and in excellent condition, promis¬
Bright work.—# lbs. and lbs.—
G’d & fine 27 @ 30
25 @ 30
Common
35 @ 45
35 @ 45
ing well for the crop. New ground leaves are scarce, and mostly com¬
Blight.—Common 25 @ 35 25 @ 35
50 © 60
Medium
50 @ 60
mon, selling at previous quotations from $3 upward.
G’d & fine 50 @ 75
There is nothing
50 © SO
Good and fine 75 @1.00 75 @1.15
doing in Kentucky. Of Ohio we report sales of 300 hhds. comprising
FOREIGN.
1 50@3 00 common to fine,' within our range. Inspections this week, 659 hhds*
Havana.—Fillers—Common. 75© 80 Havana.—Wrappers
7G©1 05 Marylaud, 39 Ohio, and 11 Kentucky—total 709 hhds
Good..... 80© 95 Yara
Cleared same
Fine.....
95@1 10
time 749 hhds. to Havre, and 1 to Liverpool. Maryland, frosted to com¬
mon, $2 60(5)3, do. sound common, 3 50(5)4, do. good common, 6(5)5 50t
MONTHLY STATEMENT OF SroCKS OF SPANISH TOBACCO.
Yara,
Sagua, Cienfu’s, do. middling 6(5)8, do. good to fine brown 10(5)15, do. fancy 17(5)25, do
Cuba,
Havana,
bales,
bales.
bales.
bales.
bales.
upper country 8@30, do. ground leaves, new, 3(5)5. Ohio, inferior to
694
116
8,390
Stock Nov. 1,1866...
good common, 4(5)6, do. brown and spangled 7@l2, do. good and fin®
869
1,624
Iitceived since.
red and spangled 18(5)17, do. fine yellow and fancy 20(5)30 per 100 lbs
3
Fillers
@5c
pers,
6 @12c
-Running lots
Penn.-
Maryland.—At Baltimore, receipts
,
/
,
....
....
,
,
-
“
“
....
Total
Sales & reshipments
Stock Dec. 1,1866
Same time 1865
Same time 1864
DOME8TIC
547
...
5,244
OF
528
9 8
152
30
25
20,376
3,647
5,000 to 7,000 hhds., are still included in the stock above.
Manufactured Tobacco.—The market has been quiet the past week,
but without any quotable change in prices. We reuew previous range
846
25
25
16,729
as
18,286
1,037
19,323
3,490
6,110
434
From
....
Baltimore
New Orleans...
Other
The following are
for the past week:
...
FiumeAus. 14
Malta
52
Gibraltar.. 100
Africat.... 57
...
..
.
•
•
•
•
16,479
136 37,264
•
•
•
...
exports in this table to
t Also 28 boxes.
•
•
•
•
M m
25,612
1,904
3,478
17
44
3,917
19,793
from New York
YORK.*
NEW
hhds.
N.
British
A. Prov..
Cuba
cases,
12
•
»
•
.
.
Other W.
Indies...
7
•
•
•
.
.
....
.
Hayti
Cent. Am.
^
...
Total for week.
•
.t
96
•
16,207.
3,193
•
•
...
•
7
91
•
546
277.
163
24
17
...
Bremen.... 360
•
pkgs.
15,725
1,556
2,446
1,707
OF TOBACCO FROM
Stems, Mfd.
61
•
the exports of tobacco
7
extra fine
90@$1.10, Navy—pounds and halfs 65@72.
BREADSTUFFS.
hhds.
478
257
86
EXPORTS
2
Good bright
little out of con¬
of condition,
qualities,
range from 20(5)50, Black sweet i lb, sound 65@70, and as to condition
down to 20 cents.
Western.—6’s and 10’s—common to best 50@7o, half lb. do (dark)
65(5)70, do do (bright) 80(5)96, Pounds, common to good 60@80, doj
r-T’l sin. Nov 1-^
hhds.
3,586
724
Total
\
follows:
Virginia Pounds.—Fine bright per lb. $I.00@1.25,
sound 90(5) 1.00, Medium bright sound 80@85, Fine a
dition 65(5)70, Common sound 55(5)60, Other
out
1. 1866.
<—Previously—s
pkgs.
13,261
1,126
^This week—x
hhds.
pkgs.
430
2,464
70
20
77
197
1,032
20
ed from
York this week, and since
SINCE NOVEMBER
....
Ohio, &c
The
21,687
37,159
51,482
•
RECEIPTS AT NEW YORK
*
4,958
Warehouse, Dec. 1,1866
receipts of tobacco at New
have been as follows:
.
6,544
1,686
»••••
Total stock
Same time 1865
Same time 1864
Hamburg
19,270
1,106
5
...
Total
Delivered since.,..«•••••••«*.
Stock in the Brooklyn Inspection
London....
Glasgow
ports
Md.,
Brooklyn inspection- -Stock Nov. 1,
Received since
Liverpool.
68,753
41,004
Stock in warehouse
)
.
27,749
Note.—The re-inspections and shipments coastwise since January 1, estimat
Cleared for foreign
Hhds.
25
Hhds.
933
65
Total
Delivered since
Virginia
Total
Hhds.
Ohio,
Vir.&N.C,
Stock Nov. 1,1866—
Received since
The
709
45,444
Hhds.
26
4
Ky.
Nov. 1,
^
shipboard not cleared., hhds. 22,600
Total
TOBACCO.
Hhds.
*
Stock Dec. 1,1866
1,1S66—Stock in warehouse and on
Inspected this week
,
Inspected previously
1,131
22
....
STOCK
TOBACCO STATEMENT.
43
Jan.
8,820
...
1,563
116
94
to Nov. 30, ’66 1,194
.
•
Stems, Mfd.
hale. hhds. lbs;
•
.
25
.
•
.
...
•
•
•
3
5
...
..,
..
•
...
•
•
•
Argentine
Republic
...
611
...
260
•
•
•
•
•
•
1,258
•
•
•
•
13
•
28
15,052
8,136
136
103,814
European ports are made up from the manifests,
_
%
New York, Dec. 7,1866.
The market has been very irregular |and unsettled. The
decline in gold, increased supplies, and dgll accounts
the cable from the English markets, have had a
by
depressing
speculative holders have been compelled to
influence, and
give way.
Flour has arrived in liberal quantities,
but rather below
of last season. There have been some addi¬
tional sales of Extra State for British markets, at $10@10
the average
little speculation; but other grades
and heavy, and the revival of de¬
mand for choice family flours was quite temporary. Yet
there is very little flour offering.
The stock, about 400,000
bbls., is mostly held above the market.
Millers every¬
where are reducing their operations, and the flour, if sold,
could not be replaced, except at much higher prices than are
25 per bbl., and some
have ruled extremely dull
now
current.
and local
Southern millers have purchased moderately; but there
Wheat has
and
been taken to some extent for export,
732
THE, CHRONICLE.
*
l* W:
-is 'r>*
-
has been
life to the
no
in flour, the offerings are
disposed to sell, except so much as
may be necessary to meet pressing financial necessities. The
Western markets rule very strong, although water navigation
Holders
closed.
But,
f ornia wheat sold at S3 35@3 38.
Corn has been panicky.
Money pressure
more
are
At the decline there is
an
active
resumption of export to Great Britain. The shipments of the
past three days amount to about 200,000 bushels.
Oats have been drooping; a few loads have been taken for
British markets. Barley has received an unexpected support
in a demand for the French army in Mexico, which has taken
•bout 100,000 bushels.
Rye has been quiet. About 40.000
bushels Canada peas have been taken for the British market
at $1 40@1 42£, in bond.
STOCKS OF GRAIN
Nov. 26.
Wheat, bush
Corn, bn eh
O ate, bush
Rye, bosh...'
Barley, bush
The
following
are
per
Western Yellow
Western White
Rye
Oats, Western cargoes...
Jersey and State
Barley
Malt
.
Peas, Canada
NEW
..
60®
64®
65
85® 1
1 25® 1
1 40® 1
2 00® 2
28
40
60
SO
62
follows:
as
YORK.
2,535,140
.*..
163,100
3,450
246.990
4,546,080
20,658,8 0
Corn, bnsh
Rye, bash
FOREIGN
EXPORTS
FROM
NEW
872,215
160,830
182,970
386,895
YORK
Flour, C. meal, Wheat,
bbls.
427
fit. Britain, this week..
“
“
since July 1
37,021
416
1,599
bush.
Corn,
bush.
37,778
at
7*993 6,630,489
40
243,565
370,867
1,600
July 1 142,976
Tide-Water.—The
follows:
1S64,
Canal opened,
1865,
April 30.
Flour, bbls
Wheat, bush
Corn, bnsh
Barley, bnsh
1,129,200
9.281,900
2,852,000
11,273,000
692,200
*
Oats, bush
Rye bush
Malt, bush
Flour and Grain Trade
1866,
May 1.
May 1.
863,800
8,404,500
17,313.100
14,803,710
399,900
6,821,700
23,496,100
4,000,900
254,332
251,366
3,424,516
537,522
1,445,928
285,930
95,982
2,485,691
1,883,195
1,699,317
2,239,560
744,434
157,408
1,302,393
630,256
827,558
284,430
19,133
40,304
Total grain, bush
6,739,878
January 1st to December
1863.
Flour, bbls..
.
.
.
Oats, bush
.
Barley, bush
Rye, bush
Peas, bush
341,128
2,395,264
81,347
108,008
895
5,412,333
*■
4,831,045
6,587,527
1 st in the years indicated :
1864.
•
1865.
1866.
1,974,874
1,732,507
1,287,582
20,909,885
20,028,937
7,226,183
630,352
422,309
17.526,337
10,327,095
27,778,465
10,167,712
1,665,326
l,li'3,60»
127,122
:
.
•
82,912
11,968,127
19,512,131
8,349,831
805,161
804,140
59,435
49,287,666
40,703,876
41,493,825
•
•
•
672,347
1,406
From
341,920
34,9511,617,410 -23,282
33,489 264,623
5,0 0 338,584
695,785 262,851
705,605
1,860,587 1,114,810 3,387,055 J 23,282
909,005
.-
6,800
29,800
Europe.
From East Indies.
16,000
From other ports.
:
884
28
28
2,290
COFFEE.
Cofff.e has been inactive, and as stocks
vices of large shipraeuts, prices are lower
no tales reported from
first hands until
about 4.000
bags Rio
was
made
on
dull and quotations are nominal.
The receipts of coffee this week
accumulating, with ad¬
There were
Wednesday, when a sale of
private terms. The market closes
are
and declining.
have been 27,165 bags, against 8,222
bigs the previous week, and the total stock in first hands is reported
at 79,887 bags, against 64,826 last
week—showing a considerable in*
crease.
The latest advices from Rio Janeiro by
telegraph also report
the amount afloat and loading for the United States at 91,900
bags;
54.400 for New York, and 87,600 for other ports, the latest advices
by
mail are given below.
The particulars of receipts are as follows : Of
Lord Baltimore, 8,790 per Guiding Star, 8,800
Rio, 5.000 bags per
per Lubeck—oi other
sorts: 1,000 Bahio per Guiding Star, 5,442
Ceylon, per Francis Mills;
167 Savanilla per Kenneth, 9,075 Maracaibo
per Teresa.
At Baltimore the Eleanor, 4,000 bags, Francis Jane, 3,815
bags, and
Mindorah 8,678 bags have arrived from Rio Janeiro.
The
receipts for the week, and stocks of coffee in first hands (Dec. 4,)
follows:
AT
YORK.
NEW
OF
RIO
IN THE
Re’d this Stock in
week, fi’t hands
Brazil
Juva
bags 18,090
Ceylon...,.,..
Philadelphia...
1,204
2,580
2,896
7,938
6,442
Maracaibo....
“
9,07^
Laguayra......
“
“
St.
New York.,..i
3,931
“
“
Singapore
Domingo..
Other...
Rec’d
for w’k.
50,987
Baltimore
“
.....
“
8EVFRAL PORT8.
17,090
60,987
11,493
Savannah..
6,000
Mobile
New Orleans
Total
10,851
Stock in
fi’t hands
4,000
:...
28,583
61,987
Rio
Janeiro, Oct. 29—The stock of Coffee on hand is 90,000 bags,
against 110,000 bags Oct 9. Exchange on London 24f@25j.1
The following vessels are reported sailed, cleared and
loading for the
United States since Oct 9, which have not yet arrived:
Sailed.
Date.
Vessel.
Destination, bags
Oct. 12—Favoriten. .New York.. 8,200
“
“
“
“
“
Vessel.
Psyche
13—Mary Block
“
Eiche
18—Albert
“
Eaglet
2,540
2,300
19—Zingara
New Orleans 3,400
19—Domitila. ..New York
3,356
22—Lisette
“
“
“
“
4,300
3,800
8,800
5,000
4,500
“
4 500
MoseB
Rogers
Campanero
Parthian
Jno.
Welsh, jr
Philadelphia. 4,000
.
New York.. 4,500
Sales from Oct. 9 to Oct 23
Channel and North
Mediterranean
4 800
“
Svick Williams... ..Mobile. ... 34,000
M.
..
New Orleans 000
Cleared.
For United States
“
Wayfare
22—Najade...,.New York.. 2,900
Cleopatra
Destination, bags
.New York.. 4,000
Germania
New Orleans 3.2 0
22—Artistic....
44
800
22—Amazon. ..Baltimore... 3,886
Loading.
Rosiilie..
Commodore
Aries
4,500
2,900
Savannah... 2,800
were:
.bags 58,400 Other Ports
Europe.... 66,600
14,200
Cape Good Hope
“
44
Total
5,600
2,800
187,600
*
2,319,637
10,366,578
11,740,242
414,960
pxgsof a’l sorts.
662,01)0
84,600
8,239
1866.
2,090,584
are
From G’t Britain.
55.845
SUGAR.
Raw Sugar has been
but prices have declined
more
active than any other article io the trade,
a cent since last Friday.
The sales of
sugar include 2»760 hhds. Cuba
boxes Havana.
Refined
raw
Wheat, bush
Corn, bush
Total grain, bttsH.
1865.
lbs.
30,476
200,670
53,166
106,200 250,768
201,892
1,150,411
Total
“
275,185
....
Twankay
Hyson skin
Hyson
Young Hyson..
889,000
470,930
Peas, bush.
Congou & Son..131,239
Pouchong
Oolong & NiDg.578,937
“
1864.
Quotations
-IMP’TS ATN. Y. A BOSTON..
Direct
Indirectat New AtNew
At BosYork,
York.
ton.
>
/—To Atlantic ports.—> To San
Since Junelto Same Franlast rep’t.
Sep. 1. in ’65, cisco.
lbs.
lbs.
lbs.
pkgi
“
1863.
Rye. bush.
—SHIPMENTS PROM CIIINA AND JAPAN.
1,307,800
9,687,300
1,031.400
491,500
stand still
a
later.
The following table shows the shipments of tea from China and
Japan
to the United States, from June 1 to
Sept. 27, 1866, xnd importations
at New York and Boston since Nov. 1 :
6,004.800
9,581,600
of Buffalo.—The
following will show the
receipts of flour and grain by Lake and Grand Trunk Railway, for the
month of November, iu the
years indicated :
Flour, bbls
business in first hands is at
e
no
Oats,
delirery of breadstuff's at tide-water
by the canals of this State, for the season, to 30th Nov., have been as
And from
very
bush.
13,125
26,837
'600
57,228
We*t Indfe«. this week.
518
3,412
3C0
‘
44
since July 1 112,333 43,950
1,200
4,660
17,906
Total Export, this week
538
6,472
41,072 15,742
43,378
13,695
“
“
since July 1
368,240 72,612
268.019 24,042 6,792.221 389,943
44
since Jan. 1,’66.. 851,715 137,966
8^9,513 223,242 10,863,918 1,135,101
u
“
same time 1865..1,263,443 110,742
2,068,114 155,496 3,552,321
70,816
Receipts
.;■■ >1.11
wholly nominal, and the market do-es dull.
Imports of Tea for the week have been, only S72 pkgs per Queen
from Liverpool, 68
pkgs per Celia from London. Dates from China are
are as
Rye,
bush.
43,857
Br»N. A. Col. this week
since
bbls.
3,394,665
270,155
8,623,820
15,073.680
S04,050
2,831,215
9,279,425
495,990
1,087,685
4,797.795
7,565,590
Barley, <fec., bush
Oats, bush
“
3 00® 3 35
1 07® 1 10
1 10® 1 11
1 10® 1 11
l 00® 1 20
-1866.-1865.For the w’k. Since Jan. 1. For the w’k. S’e Jan. 1.
Wheat, bush
I
decline to add to their present stocks.
shown a further decline in every article in
Japans
2 80® 2 90
Corn, Western Mixed....
AT
I....
little trade fn second hands, and they, in turn,
The market has
the trade, and the
tendency is to still lower prices.
causes
$1 90® 2 35
2 00® 2 30
@
io breadstuff^ at this market has been
Flour, bbls
Corn meal, bbls
44
8,217,800
Spring
bushel
White beans
RECEIPTS
..I
The absence of demand from the country
Gunpowder
White
6 00® 7 25
,
Grocery trado has been unusually quiet during the
week.
entire
Imperial..
Amber do
super¬
movemeut
31,000
7,960,700
Milwaukee Club
Red Winter.
meal, Jersey and
Brandywine
6 25® 5 60
The
'65,000
22,500
:
Chicago
Wheat,
Donble Extra Western
and St. Louis
12 50®16 00
Southern supers
11 00@12 75
Sonthem, fancy and ex. 18 00®16 00
Canada,
common
to
choice extra
...®
Corn
Dec. 8.
the closing quotations
9 50® 11 00
fine
Nov. 26.
64.000
Total bushels
Shipping R. hoop Ohio. 10 25® 11 25
Extra Western, com¬
mon to good
9 60® 12 00
Rye Flour, fine and
STORE.
Malt, bush..
Peas, bush.
Flour, Superfine.. $ bbl $7 60® 9 80
Extra State
IN
Dec. 8.
1,049,800 1,138,200
2,930.900 2,969,000
1.984,000 2,071,000
396,500
437,100
1,513,600 1,516,500
......
Friday, P. M., Dec. 7.
The
market; and there the demand for consump¬ hands, but L
tion has been transferred.
■■■
has compelled
TEA.
The supplies at Balti¬
Teas have been very quiet, and the transactions are of but trifling
liberal, at much lower importance. ' A few hundred half chests are reported sold by second
The stock is large.
and other Southern markets
rates than this
i>
as
The
large realizing.
[December 8, 1866.
ja. H’
GROCERIES.
not
are
receipts of wheat at Milwaukee for the twelve
days commencing Nov. 22 were only 375,000 bushels, against
1,140,000 bushels for the same time last year. White Cali*
8
*
market, and prices have with great
difficulty been supported.
limited.
i
*
sugar
and Porto Rico, and about 1,700
ia dull and lower, the market closing
quiet.at our quotations.
The imports of sugar for the week have been less in hhds., Ac^ and
also in boxes, than last week. Included among them, however, were
28,320 bags of Manila.
The receipts for the week, and stocks on hand, are a» follows:
8*.
THE CHRONICLE.
‘
Hhds.
879
226
Cuba
Indies.
Other West
Ti’ces. Bbls.
60
90
i. .1
Boxes.
8,914
899
1
Bags.
Brazil
Manila
4681
28,820
Total receipts
1,105
*
419
204
61
2,728
Last week
Stocks on hand
Stock Nor. 1,1885
6
8,214
28,820
25,541
115,516
65,826
4,672
61,841
64,570
43,228*
28,886*
Spices.
Cassia, in mats>.gold
Ginger, race and African.
Includes puncheons, tierces, casks, tfhd barrels reduced to hhds.
New Orleans, Dec. 1.—The market .has been steady
Sale3 have been made at 8@ 12c. for inferior to choice—and
and firm
yesterday
prices were firm, with sales of about 250 hhds at 4@4 fcent higher for
Fair, fully Fair and Prime. Sales of the week h&ye been about 1,426
hhds. Molasses declined early in the week 5(3)8 cents per gallon, but
has fully recovered again, and closes at our last week's quotation of 40c
@70c for inferior to choice. Sales has been about 3,750 bbls.
The receipts and exports of sugar and molasses have been as fol-
(gold)
Nutmegs, No.l....(gold)
/——Receipts
*
a
Shipments—*
*
Sugar, hhds.. 1,683 4,609
201
do bbls...
Molasses ,bbls 4,306 11,890
....
(gold)
*71®
do Bunch
Currants
Sardines..
Figs, Smyrna
Brasil Nuts....
.
3
B>
8@12
14Qtf®141
40@T0
Havana, Dec. 1.—The market for clayed sugar has been somewhat
excited by
cable news from London announcing a rise in sugar, anc
large purchases were made at 8@S} rs. per arroba for No. 12 a9
basis.
It is difficult now to obtain good lots of No. 12 to 14, as hardly
some
28
<2
or.
go
box
d « lb
,18 Ik-19
IT
IT
12
8
Drikd Fbuit—
Dates
Apples
Almonds, Languedoo
do
do
do
Sardines
do
—
Filberts, Sicily
Walnuts,
Citron, Leghorn
Prunes, Turkish
$ fi>
10
new....
14
50
Blackberries
Black Raspberries
Pared Peaches
Provence
Sicily, Soft Shell
Shelled
Unpealed do
Cherries, pitted,
$ box
$ hf. box
THE DRY GOODS TRADE.
gold.
per
lb.
«♦
20®
Fruit.
Price of
Prices
Same
Since Same
1805. Week. Sep. 1. 1865.
1311
95
618
2,939
«
789
722 [
273
480
4,806; 1,119 3,812
«U®
I Cloves
Raisins, Seedless. .$ icask 8
do Layer i ew .$ box 3
lows:
This Since
week. Sep 1.
I Pimento, Jamaica, (gold)
22
92
92
Mace
Fbidat, P. M., Dec. 7, I860.
The dry goods trade has been very steady and uniform is
tone since our last report.
The meeting of Congress had the
effect to allay any fear of immediate monetary difficulties by
reason of its action, without
materially renewing business
activity. There has been through the week only a moderate
trade doing, but there is a good ..egree of firmness among
one third of the stock of sugar left is in first hands.
The market closes
holders of goods, &nd, with the lighter production, stocks are
very firm at 84@8l rs. for No9.il to 12.
Shipments to United States have been 18,814 boxes, against 4,865 not accumulating to any extent. At the close. there is a
last week, and to New York 6,812 boxes, against 2,309. Shipments
slightly-increased demand reported, looking in part to the
were as follows:
holiday trade. Business in the’interior and westward is re¬
- 0,812 Baltimore
New York
6
2,482 Pensacola
New Orleans
ported as improving, notwithstanding the continuance of the
Boston
1,316
3,200
The following will show the receipts, exports and stocks at Havana very mild weather.
Woolen goods are rather better from the
and Matanzas:
lighter production and the approach of the season for the
0
Rac'd this r-Expts to U. S.-%
Stocks
»—Total export—*
There is but very little decided change in
Y^ar.
week.
week. Since Jan. 1. week. Since Jan. 1. boxes. Spring trade.
1866
to notice. Agents are generally holding above the
1,322
13,814
418,164
83.384
1,847,717
67,349 prices
1865
450
457,655
10,370’
1,485,111
47,802
530
126,280
15,541
1,271,095
114,458 prices asked by jobbers, and the details below are from the
actual sales of goods, principally by jobbers.
JMuscovadoes.—There is nothing doing here for want of stock. In
Matanzas the stock of old is being shipped to New York.
Qood
The following table shows the export of domestic cottons
refining is quoted at 7$ rs per arrobe.
Receipts, exports end stocks at Havana and Matanzas are as follows : find dry goods from New York and from Boston :
a
....
....
«—Receipts—,
For
week.
25
Year.
1865
1864
/—To TJ. States--,
/-Total exports—, Stocks,
for w’k. s’ce Jan. 1. for w’k. s’ce Jan. 1. hhds
686
64,755
636
78,790
1,585
,
•
76
/-N. York.—* /—Boston—*
Exports—
<
Since
Jan. 1.
43
66,233
210
28
83,953
81,815
*92
66,011
1,022
MOLASSES.
Molasses has been in better request,
but the liberal receipts have de¬
pressed prices somewhat, and most sales are made still below our quo
tations. The sales include 2,000 hhds. of all kinds, the market clos¬
ing quiet.
The receipts of Molasses this week have been 1,222 hhds., against
969 last week, and 1,159 bbls. of New Orleans against 317 last week.
Receipts for the week and stock Dec. 4
are as follows :
/-Stock on h’d-s
—Receipts this week—
hhds.
Hhds. Punch’s. Ti’ces. CaBks. Bbls.
bbls.
—.
Cuba
Porto Rico
Other b oreign.
New Orleans...
145
•
••••
•
Total
Last week
1,222
922
27
65
.
»
♦3,500
J
•
1115
....
173
190
620
.
44
379
....
*5.000
....
.
....
27
•
Includes puncheons, tierces, Ac.,
543
....
....
190
•
*
•■•••
•
•
•
817
800
*8,600
*4,000
1,159
....
800
100
reduced to hhds.
SPICES.
Spioes have been also inactive, with
prices
are
lower and not
very
only
a
light jobbing trade, and
firm.
FRUIT.
dull. The stocks are considerable, and still accurau1 a ting, and prices are lower and still nominal. The reported sales are
insignificant.
'
*
Fruits
are
very
Tea.
/-Duty pa'd
—1
80 @l 05
HysoU, Common to fair
do
Superior to fine.... 1 16 @t 85
...
Ex fine to finest. ..1 40 ®l 65
Y’gHyson, Com. to fair ... 85 @1 10
/—Duty
do
do Ex f. to fln’st
Unool. Japan, Com. to fair.
do
do
do
do
Super, to fine..I 16 @1 40
do
Ex fine to finest. 1 45 @1 75
Ctanp. & Imp., Com. to fairl 00 @1 15
do
Sup. toflne.l 25 @1 fO
do do Ex, f. to finest. 1 16 @1 9!)
H. 8k,fcTw’fcay,u, to fair
60 ® 7"
do
do Sap. to fine 75 ® 80
~
.
85
90
Snp’rtoflne.l 00
Ex f. to finestl 10
Oolong, Common to fair..
85
do
Superior to fine.. .1 10 ®l
_
do
Ex fine to finest
1 40 ® l
Souo. & Cong..
Com. to fair70 ® 60
Sup’rtofine. 90 ®l 05
do
do
.
5
7»
Exttofineatl 25 ®1 50
pkgs. casea. pkgs. ca’es j
To
'
Liverpool
Glasgow
38
0
11
15
Havre
New Grenada..
Dn’sh W. Ind..
Cuba...
Venezuela
Africa
Domes- Dry Domes-Dry
tics.
G’da. tics. G’ds.
G’ds. ‘
pkgs. cases, pkga. ca’ee
Total this w’k.
“
since Jan. 1.
4
510
523
....
65
9,280
..
Same time’65.
194
“
“ 1800.81,637
6
4
Brown Sheetings
and
Shirtings have met with but
..
..
..
a
4,267
388
88,648
..
..
moderate de
manufacturers
are
very
fine.
Standard goods
are
generally held by
agents at 22@224 cents, while jobbers are selling them at £1@214
cents; and, as there is some discrepancy in agents’ and jobbers* prices,
we give those at which goods are actually sold in this market.
Atlan¬
tic N $ are sold at 124, Massachusetts 0 do 164, Indian Orchard L do
16, Suffolk do 16, Knox B do 15, Boott H do 154, Pepperell N do 17,
Indian Head do 184* Atlantic V 7-8 19, Pacific do 18. Tremont E do
16, Bedford R do 144, Boott O do 19, Iadian Orchard W do 17, Massa¬
chusetts E do 19, Pepperelf O do 19, Indian Head 4-4 214, Wachusetts
do 21,
Princeton A do 21, Pacific extra do 214, do H do 214, do L do 20,
Atlantic H do 214, do A do 22, Lawrence E do 194, do 0 do 21, do F
do 19. Stark A do 21, Amoskeag A do 21, do B do 21, Medford do 20,
Pittsfield A do 18, Kennebec do 14, Roxbury A do 20$, Indian Orchard
B do 18, Broadway best do 19, Sussex F do 19, Newmarket A do l9,do
C do 21, Nashua D do 20, Pepperell F do 22, Great Falls M do 19, do S
do 174. Suffolk It do 19, Exeter A do 19, Laconia O 9-8 214, Pequot do
26, Indian Orchard A 40 inch 224, Nashua 5-4 85,Naumkeag W do 324,
Utica do 424, Pepperell 9-4 624, Monadnoc 10-4 70, Pepperell do 774,
Utica 11-4 $1 10.
Bleached Sheetings a$d Shirtings are rather irregular in demand J
and prices are less steady than for brown. Some leading makes art
held above the market from scarcity, but lower grades are rather weak
The following are prices at which goods are sold in this market at tbii
time. Pearl River three-fourths wide sell at 124, Kingston do 144,
Boot R do 15, do H do 16, Lawrence H do 16, Globe AAA 7-8 164,
Ne w bury port do 184, Rockdale do 17, Waltham X do 21, Putnam B
do 16, Amoskeag Z do 18, Harris AA do 18, Lawrence G do 18, Great
Falls M do 19, Lyman Cambric do 20, Sh&fford do 19, Lawrence L do
Bennington C do 19. James 80 inch 19, do 88
inch 19, do 83 inch 21, Webster 4-4 10, Bartletts do
254, Bates BB do 274, Constitutional do 17, Indiau Grove do 18, James
20, Lawrence A do 21,
lava, mats and bags
Native Ceylon
. — •
gold 35 fib
19 ® 21
Newburyport do 244, Indian River X do 22, AttawauXX do 224, Lawrence B do 24, Fountain do 23, Hope do 25, Tip
Laguayra.
17|® 19
ikir to g. ovgc>ea
16j® I6f Top do 29, Btacbstooe do 25, Bennington B do 25, Franklin do 25, Amoe.gold 17 ® 17* St Domingo
beag A do 29, BootB do 26, Forestdate do 29, Masonville do 30, do XX
Sugar.
do 324, Androscoggin L do 29; Lonsdale do 29, Wauregan do 31, do F
do
do 18 to 15 11 ® 11
do
Porto Rico
V lb Pi® m
do
do 16 to 18 12i® 1 i do 214, Bates XX do 33, Arkwright do 29, Lyman J do 35, Wamsutta
do
Cuba, inf to com. refining
9 @ Pi
do 19 to 20 18f® 141
H do 374, do O do 374, Atlantic Cambric do 374, Lonsdale Cambric do
do
do
do fair to good
do'
f I® l14
do
white
do
do fair to good grocery... 104® 11
131® 14; 40, Hill do 28, Amoskeag 42 inch 30, Cbickopee 42 inch 28, Waltham
Loaf.. ^ i01
do pr. to choice do
Hi® 14
42 inch 264, Dwight 9-8 35, Wamsutta do 424, Lyman R 5-4 24, Naum® 1-H
do centrifugal
£4® ll Granulated
do ilfclado
keag W do 30, Boott W do 30, Nashua do 324, Home do 35, Bates do
6 ® 7| Crushed and powdered...... .. ® l'i
® Hi 324, Wamsutta do 474, Amoskeag 46 inch 324, Mattawamkeag 6-4 45,
Hav»a, Box. D. S Noe. 7to 9 9 ® 10 White coffee, A....
131®
do ;
do
do 10 to 12 101® 1 I Yellow ooffee
Pepperell do 45, Oneida do 45, Utica do 524, Waltham 8-4 624, Pep¬
Hclaues.
perell do 624, Pepperell 9 4 80, Utica do 95, Phoenix 10-4 70, Monad> 0
47
New Orleans
$ galL 75 ® 94 j do ,Cl*7ed*ftv««~* *•*•**•
nock do 724, Baltic do 80, Bates do 80, Waltham do 85, Allendale do
62
vrto Rico ....>w.
Vi.......Vi. 43 ® 70 I English
80, Pepperell do 90, Utica do 81, Maatabesic U-4 874, Pepperell do85,
Muscovado..48 ® (0 f '
do
do
do
do
good
ikir.........
gold id ® 184
gold 17 ® 1)<
ordinary.......... gold
lf4
*.
17 449
Maracaibo
.
.
...
....
...
c
•
••«•••a
Steam do 244,
gan
.
..
-
mand,but the stocks of prime and standard makes are rather smali.and
inch 21, Bartlett 81
Coffee.
Rio,prime,dutypaid ...gold 1$4®
To
/-N. York.—* /-Boston-.
j
Domes- Dry Domes-Dry
tics.
G’ds. tics. G’ds. |
Ticks have been unusually quiet during the week in both agents and
jobbers* hands, and prices are without decided change. Amoskeag A C
A sell at 62 cents, do A 46, Amoskeag B 41, do D 30, do C 36 ; Pem¬
berton A A 42^, do red stripe 82$, Brunswick 22, Blackstone River 25,
Hamilton 87$, do D 32$, Somerset 20, Thorndike 28, Pearl River 60,
Oriental 45, Harvest 38$, Hancock A A 85, Pittsfield 14$, Easton A 23,
do B 21, Bunkerhill 30, York 52$, Omega B 87$, do A 60, do C 27 b
Cordis A A A 47b Imperial 35, Boston A A 39, Lehigh Valley A 22$,
do B 20, do BC A 22$, Swift River 25, Pacific 80, Winnebago 13$,
Baltic 15b, Oirard 37$, Hampden Oo. 30, Albany 15.
Stripes are in only light request, but at essentially last weeks’ prices.
Amoskeag stripes sell at 34 and 35 cents, Whittenton A A 35, do A
8-3 30, do B B 25, Pittsfield 3-3 14, Pemberton Awn 47b, Haymaker
28, Everett 27-inch 26, Massabesic 6-3 3S, Andover 25, Harvesters 3-3
22@27, do 6-3 22@27, Chester Dock 23, Blackstone 23$, American 22
@28, Eagle 19, Hamilton 31@19, Arkwright 23, Easton 21, Jewett
City 22(§23, Sheridan G 21.
Checks are also quiet but uniform in prices. Park Mills Red sell at
25 cents, Lanark 4x2 17b, Lanark Fur 18$, Union 50 4x2 37b, do 50
2x2 37$, do 20 4-2 35, do 20 2-2 85, Caledonia 35, do 29, Lancaster fur
18, Kennebeck 85, Wamsutta 20, Farmers A Mechanics 30, Star No.
800 16$, do No. 800 2-2 22b, do No. 900 4-2 26, Cameron No. 90 22b,
do No. 80 20, Miners A Mechanics 32.
Denims and Cottonades are also inactive excepting a light call for
Cottonades for manufacture into Spring Trade clothing. Amoskeag
Denims sell at 42 cts, Haymaker 28-inch 30, do brown 30, York 28-inch
41, Warren brown 27-inch 25, Boston Manufacturing Co 29-inch 25, Union
80, Monitor 21, Manchester Co. 27, Clark’s brown 27b,Suffolk 27, Marl¬
boro 22, Arlington 32$, New York M 23,Fort Moultrie 32, Tremont 29,
Whittenden dAt Cottonades sell at 81 @39 cents, Farmer’s and
Mechanics Cassimeres 65, Pemberton dAt 50, Rodman’s Ky J 47b, Plow,
present holders do not appear disposed to accept any considerable re¬
daction, hence the limited basinets doing. The chief transactions have
been for the Indian market. As compared with last week, Madapollams, printers and shirtings up to 9 lbs. are 3d. per piece lower, 10 lb.
shirtiogs show a fall of 6d., 11 lb. do. 9d., and 12 lb. do. 9d. per lb., as
compared with the same period.
London Wool Sales.—The advance in the price of wheat, and the
limited demand for goods, have caused these sales to progress quietly.
Sydney wool, owing to the small supply on offer, has realized an ad¬
vance of $d. to Id. per lb.; but Cape wool, of which the greater propor¬
tion of the present supply consists, is selling at a decline from last series
of sales of $d. to quite Id. per lb.
Wool and Woolen Goods in the Manufacturing Districts.—The
wool trade throughout the country is heavy at drooping prices, but
woolen goods, although in limited request, are comparatively firm in
value.
IMPORTATIONS OF DRY GOODS AT THE PORT OF NEW YORK.
The
importations of dry goods at this port for the week ending Dec.
corresponding weeks of 1864 and 1865, have been r.e
6, 1866, and the
follows:
New York Mills 62$.
in some demand for export and immediate home
L A Anv. 50, Everett 62b
Brown Drills are
[December 8,1866.
THE CHRONICLE.
734
consumption. Winthrop selb at 19 cents, Amoskeag 23, Laconia 23,
Androscoggin 15, Minerva 19, India A 24, Pepperell 25, do fine jean 24,
Stark A 23, Bennington 22$, Globe 20, Massachusetts G 20, Wood¬
ward duck bags 32$, National bags 37b, Stark A do 37b
Print Cloths are more active than last week at about 12$ cents for
64x64 square cloth.
Prints are very firm in agents hands, but rather inactive. The job¬
bers have considerable stocks on hand, and with a light demand
prices are not as firm. Jobbers are selling at the following prices:
American 17$, Amoskeag dark 16$, do purple 17$, do pink 18$, do
shirting 16$, do palm leaf 17$, Merrimac D dark 17$, do purple 17$,
do W dark 19, do purple 20, do pink 20, Sprague’s dark 18, do purple
19$, do shirting 19, do pink 19$, London Mourning 16$, Simpson Mourn¬
ing 18$, Amoskeag Mourning 16$. Garners light 18$, Dunnell’s 17$, Arnolds 15, Gloucester 16$, Wamsutta dark 14, Pacific dark 18, Cocheco 19,
Lowell 15, Naurakeag 14$, Hamilton 18, Victory 14, Empire State 11$,.
1 864.
,
Value.
Pkgs.
Manufactures of wool... 415
$94,594
40
do
cotton.,
11,220
32
do
silk...,
28,123
flax.... 356
do
94,419
Canton Flannels are
dull for all kinds.
.
Total
,
.
WITHDRAWN
68
797
112,0-18
3,615 $1,304,647
2,055
$738,208
INTO
MARKET
DURING
231.948
218
$257,130
THE
89
106
41
112
3
$61,723
10,361
15,934
36.101
36,942
$35,256
34,794
57,529
351
$160,764
1,304,647
3,615
Total thrown xpon mak’t 1,380
$418,191
3,966 $1,465,411
470
$142,098
54,173
74,083
878
1,123
$346,483
788,208
63,432
12,702
2,055
2,933 $1,134,696
DURING THE SAME PERIOD.
455
517
$238,018
$16,753
270
603
200,067
3,547
ENTERED FOR WAREHOUSING
26
455
28
Manufactures of wool...
do
cotton..
silk ....
do
do
flax
Miscellaneous dry goods.
40
10
6
32
26
Total
Add ent’d lor
114
910
Total entered at the port 1,024
$308,704
consumpt’n
27,602
101,520
16,948
1,154
1,629
3,615
$51,574
257,130
....
$212,305
91,984
122,132
183,401
34,200
$534,155
1,304,647
2,691
2,055
$644,022
788,208
6,662
8,487
16,175
are en¬
than most other
quiet but steady in both price and the
demand. Washington Glased Cambrics sell at 14$, Victory H 13, Vic¬
tory E 14, do high colors 14$, Hudson M 12$, Fox Hill 11, Superior
11$, Smithfield 13, Waverly 13$, English Paper Cambrics sell at 20,
White Rock 18, Masonville 19, Warren 18, Lonsdale Silesia9 set all 23
cents, Victory 22$, Indian Orchard 22$, Ward 22$.
Woolen Goods are rather better from the stopping of some mills,
and the short time of others, but there is still a dull and nominal mar¬
ket for all kinds of goods except a few leading makes wanted for im
mediate consumption, and such goods as are suited to the spring trade.
The latter are in improved demand.
American Printed de Laines are very quiet but prices are steadily
held. All dark Delaines sell at 25 cents, Hamilton Co 25, Manchester
dark 25~, Pacific dark 25, Armures dark 27, High colors 28, Pacific
Merinos 46, Mourning 25, Shepherd checks 25, all wool 42$, Shirtings 30.
Linseys are in small stock and quite steady.
Washington Lindseys
sell at 35 cents, Park 45-inch 36, do 35-inch 27$, do 60-inch 37$, do 70
inch 62$, do 75-inch 57$, Kensington 26, Union cotton and wool 25,
are
Park Mills No. 65 65-inch 42$, Todd’s 32$, Black Rock 30.
Ladies Sackings are steady at last weeks prices. Leicester f 1.65,
Middlesex 1.56, Garibaldi rep. 1.50, Excelsior 1.50, Raritan rep 1.60,
WEEK
SPECIE)
ENDING
AT THE PORT OF NEW YORK FOR THE
NOVEMBER
30, 1866.
[The quantity is given in packages when not otherwise
Pkgs. Value.
Pkgs. Value.
InstrnmentsPaper
China, Glass & E.
_
Ware-
China
457
:....
Bottles
Earth’nw’e...914
Glass
4,738
Glassware.. .306
Glass plate... .74
$32,850
768 Optical
5
37,506 Jewelry, &c.—
11 25,285
10,908 Jewelry
26 61,055
9,970 Watches
11,040 Leather, Hides, &c.—
Drugs, &c.—
20
7,339
167
Bristles
3.294
2.883
Hides, dress
4,341
Brimstone,ts.750
19,380
Analine
Camphor
Phnllr
15
ed
Brandy
"..300
2.295
2,304
3,213
Cordials
98
65
60
1,049
Gums, crude. .95
2,2<8
Wines....... 663
2,448
2,263
17,339
do
Glue
Arabic. 40
131*
Isinglass..
Insect
Indigo
powder..
54
Leeches
Lie root
Madder
Champagne',
baskets... 1,226
4,406
1,123 Metals, &c.—
11,602
Brass Goods.. .9
1,674
Chains&|anchl34
7,114
3,244
787
5,526
125
853
110
2,513
23,754
74
4,897
386
Manna
Oils, ess
do linseed.. 125
do olive
431
Paints
Potash, hyd
..
.5
Prus..l0
26
Rhubarb
do
13,186
2
Bronzes.-.
Iron, sheet,
1,229
7,006
1,822
278
807
bars
tons
Steel
15,778
Ind.
..42
19,758
Citron
1,725
1,113
4,564
4,215
Currants
Dried fruit
Market, London Wool Sales
reference to these markets, our London correspondent writes
etc.—In
Lemons
I...
Nuts
5
4,234
2,008
2,652
5,750
1,383
73,072
Oranges
Prunes
Plums
Raisins
Sauces and pres.
Other...........
•Total.,*,
27,240
3,473
857
886
2
7
3,391 34,874
7
166
rubber. .505 47,031
4,947
1,701
Tin, bxs...l3,100 87,916
.900,
34,330
5,982
Zinc
801,746 45,542
1
Wire....
91
Spices—
..
11,202
Cassia
Mace
' 582
335
Mustard
Nutmegs
w
47,935 Stationery, &c.—
6,163
..66
12,957
1,770* Engravings... 13
Paper hang’g. ..2
Perfumery...976
Pipes —
Rags
1,548
Books
10,764
3,752
42,286
17,173
.
204
8,583
4,177-
52,264
6,835
2,997
9,471
Stationery
Seeds
Soap
2,406 6,209
Sugar, hhds, tes
and bbls.. 2,541 137,746
Sugar, boxes
and bgs. 17,894
Trees & plants..
Tea...
2,590
Toys.
...64
88,570
417
33,176
3,188
931
184
20,791
Wool, bales.. 194
5,462
Tobacco
Waste
Other
3,877
3,919
1,801
3
Ivory..
M achinery... 103
Marble and man.
No
Molasses ..1,681
Oil paintings.53
Salt
109,219
Tin slabs
Fruits, &c.—
active.
49,439
Silverware ....4
Furs, &c—
Furs
Per caps
lbs
576
779
Grain....,
Grindstones....
211
Spelter,
4,978
Cocoa, bgs... .30
8:38
Coffee,bgs.. 1,677 22,293
Fancy goods.... 60,651
Feathers
1,735
Firecrackers.... 12,812
Flax.
17
3,239
Fish
28,659
Hemp
Honey
4
Other
1,167
3,972
26
43,546
5
3,117
Corks
Clocks
11,856
Nickel
Old metal
Verdigris
809
2,957
9,957
1,273
Needles
steady and uniform at previous quotations.
Foreign Goods have been rather quiet during the week.
The ab
sence of auction sales and the mild weather has cansed less activity
There is, however, at the close, a slightly better demand for goods look
ing to the holiday trade, and fashionable styles of dress goods are fairly
.-...14
Cigars
Coal, tons..3,253
Cheese...
2,491
3,217
974
tons
1,504
129
Clay
Hair
Haircloth
Lead,pigs .13,483 75,627
Metal goods ..27 10,694
.400
Sponges
1,119
48 11,532
1,659
Gunny cloth..62
Iron, other,
9,015
840
Boxes
Buttons
777
tons
1,385
do
sal......31
ash....202
do
do
caustic..70
Senna
1,016
Bags:
785
Iron, pig,
Iron, R. R.,
Soda,bicarbl,970
119
3,237
14,905
Guns
25
Hardware.... 101
6,475
7,942
1,245
605
55 21,540
Cutlery
Vermillion.. ..27
Manchester, Nov. 21.—Both for yarns and cloth the market is in a
most inactive state, and prices are decidedly lower in all cases. The
pffsrs made by buyers are, in fact, at greatly reduced rates; but at
Other
MiscellaneousBaskets
9
481
Gin
Rum
Sumac
follows:
7,229
1,330
Cream Tartar.38
Cochineal
5
Galls
1,818
1,400
1,016 Liquors, Wines, &c.—
442
Ale
106
1,215
100
17,323
3,106
Willow
160,932
ed
42
lbs
Hides, undress¬
.
600
Logwood, M.
71,673
140
Ammonia sal.. 30
Blea Powder.224
Alkali
specified.]
Pkgs. Valne.-
1,663 Other
7,9G5 Woods2,449 Cork
Mathematical.2
Musical
31
Glenham 1.56.
Manchester Cotton Yarn and Goods’
4,746 $1,432,230
IMPORTS
AND
(OTHER THAN DRY GOODS
4,953
2,605
American Linen is
82
730
5,244 $1,838,802
__
The low grades
102,464
205,791
322
165
63
229
99
.
32,062
$161,061
257,130
22$, Tremont 12$.
284,953
77,570
910
Total
Addtent’d forconsumpt’n
Androscoggin sell at 14$ and 15 cents. Bates cold 15$,
Naumkeag 21, Pepperell 28, Naumkeag satteen 25, Laconia 21, Amos¬
keag 21, ;Newmarket 16, Lewiston 15$, Indian Orchard 16, Berkley
as
243,701
1,263
WAREHOUSE AND THROWN
FROM
Manufactures of wool... 147
do
cotton.. ‘ 30
do
silk ...." 21
do
flax .... 137
Miscellaneous dry goods. 135
goods.
Cambrics and Silisias
$234,035
133,370
$466,472
743
251
THE SAME PERIOD.
tirely nominal. Ellerton N, Bro. sell at 40, do O, do 38$, Laconia do
80, Slaterville do 24, Hamilton do 30, Suffolk do 23, Rockland do 17,
Amoskeag A, do 39, Naumkeag do 27, Tremont do 24, Scotts extra do
22$, Ellerton, N, Bl 42$,doO, do 40, do P, do 35, Salmon Falls do 32$
cotton
487
458
100
713
1,140
-
28,774
910
Miscellaneous dry gooas.
prices are lower.
Caledonia (new)
20, Roanoke 18.
Middlerex do 15, Naumkeag do 28, Nashua A 24.
Corset Jeans are more steady and in better demand
,
,
Lancaster 19.
►^Domestic Ginghams are in very light request and
Lancaster sells by jobbers at 23$ cents, Hartford 18,
21$, Glasgow 22, Clyde 17, Berkshire 23, German
Bates 23$.
ENDING DECEMBER 6, 1866.
1 865.
1 SCO.
,
Value
Value.
Pkgs.
Pkgs.
ENTERED FOR CONSUMPTION FOR THE WEEK
...
7,751
1,344
$8,0*4,84\
December
the duties noted
discriminating duty of 10 per
cent, ad val. is levied on all imports
under flags that have no reciprocal
treaties with the United States.
On
all goods, wares,
Cardamoms and
and mer¬
the duties imposed on any such
articles when imported directly from the
place or places of their growth or produc¬
tion ; Raw Cotton and Raw Silk excepted.
The tor in all eases to be 2,240 lb.
ad val.
Pot, 1st sort., ? 100 ft) 9 75 @ ....
Pearl, 1st sort
@14 00
Beeswax—Duty,20 $ cent ad val.
American yellow. $ lb
40 @ 41
Bones—Duty: on invoice 10 ? ct.
Kio Grande shin $ tonSo 00 @35 00
Bread—Duty, 30 $ cent ad val.
? ft)
Pilot
@
6f
5}
Navy
@
Crackers
7 @ 14
..
Breadstuff*—See special report.
50
22 00 @21 00
@75 00
Philadelphia Fronts
Bristles—Duty, 15 cents; hogs hair
1 ? lb.
Amer’n,gray &wh. $ ft) 75 @ 3 00
Butter and Cheese.—Duty: 4
cents.
Firkins
Reserve—Firkins
States —Fir-
Western
42
43
@
88
85
■V^elsh tubs, second
quality
North Pennsylvania —
Western
55
50 @
35 @
88 @
N. Y State—Fresh palls
Firkins
Half firkin tubs...
Welsh tubs, prime.
kins, yell >w
Firkins,md quality
Cheese—
Factory Dairies
do
West,ru
Farm Dairies
do Western
do Common
82 @
34
@
35
2) @
55
32
@
26 @
..
15
14
14
14
10
@
@
@
@
@
•
•
27
17
16
17
16
14
Candles—Duty, tallow, 2}; sperma¬
ceti and wax 8; stearine and ada¬
mantine, 5 cents ? ft).
Sperm, patent,. ..? ft)
50 @
Refined sperm, city...
40 @
Stearic
30 @ 81
Adamantine
i'2}@ 23}
Cement—Rosendale.?bl .. @
Chains—Duty, 2} cents $ ft).
One
8|@
inch & upward? 2)
00
9
25 $ ton
bushel;
bituminous, 40 cents $ 28
Coal—Duty, bituminous, $1
of 28 bushels 80 ft) to the
other than
bushel.
Liverpool Orrel. ? ton
bushels of 80 ft) ?
@14 50
of2,240 Jb.......
Liverp’l House Cannell5 00 @17 00
Anthracite
8 00 @ 9 fcO
Cocoa—Duty, 5 cents $1 tt>.
Caracas
(in bond)(gold)
? lb
17}@
Maracaibo do ..(gold)
.. @
Guayaquil do ...(gold) 15 @
Coffee.—See spec al r.port.
ISi
1*5}
Copper—Duty, pig, bar, and ingot,
2}; old copper 2 cents <&ft>; manu¬
factured, 35 $ cent ad val.; sheathing
copper and yellow metal, in sheets 42
inches long and 14 Inches wide,
weighing 14 @ 34 oz. $ square foot,
3 cents ?
ft).
@
Sheathing, new..$ ft)
Sheathing, yellow
@
Bolts
&
Braziers’
Baltimore
Detroit
..
@
43
82
43
43
28
28}@
Portage Lake
28 @
Cordage—Duty, tarred,8; untarred
Manila, 2} other
? ft).
Manila,
untarred, 3} cents
$ ft)
Tarred Russia
Tarred American
Bolt Rope, Russia.
..
23 @
..
@
@
@
Corks—Duty, 50 $ cent ad val.
Regular, quarts? gross
Mineral
Phial
65 @
50 @
12 @
10 cents $ lb;
@
@
@
@
3m
15 @
@
22 @
Alum
Annato, fair to prime.
Antimony, Regulus of
..
Argols, Crude
Argols, Refined
Arsenic, Powdered....
87}@
8»@
25 @
80 @
@ 2
Assafoetida
Balsam Copaivi
Balsam Tolu
Balsam Peru....(gold)
Crude
..
•.
19
Cat, Wild
do Cross
*'do Red
do Grey
Lynx
Epsom Salts
44
•
Ginseng, South&West,
Gum Arabio, Picked..
Gum Arabic, Sorts...
Gum Benzoin.. .(gold)
Gum Kowrie
60
85 @
70 @
Gamboge
o»
80
45
66
@
@
82 @
@
89 @
55
37
27
42
..
India
.
@
80 @
65
23
40
60 @
90
75 @
00
@
@
@
25 @
41 @
24 @
65
42
25
84
(gold)
Tragacanth, Sorts
Tragacanth,
@
40
55 @
..
...
w.
(g»ld)
Hyd. Potash, Fr. and
(gold) 8
Eng
Iodine, Resublimed... 6
Ipocacuanna, Brazil... 4
flakey
Jalap
Lac Dye
Licorice Paste,Calabria
2
70
40
Manna,large flake.... 2
*
Madder,Dutch. .(gold)
Nutgalls Blue Aleppo
50
25
40
30
7
7
0o
45
75
@
@
@
@
@
@
dh
Oil Anise
8
Oil Cassia..
4 50 @
Oil Bergamot
5 75 @
Oil Lemon
(gold) 2 95 @
Oil Peppermint, pure. 5 00 @
75
.
.
.
5
3
5
80
25
50
@
....
Oxalic Acid
41 @
..
Phosphorus
Prussiate Potash
Quicksilver
@ 1 00
42 @
95 @
00 @ 8 50
20
@
10}
10|
8
Opium, Turkey.(gold) 6
Rhubarb,China.(gold) 8
Salaratus
SalAm’iuac, Ref (gold)
B^SodihNewoMtlo,.,
..
..
.
..
.. @
50
85 @ 40
50 @ 7 50
2)
16 @
10 @
20
5 00 @ 8 00
10 00 @50 00
3 00 @ 5 00
I 00 @ 8 00
75
Musk rat,
Otter
5 00 @ 8 00
10 @
15 @
Opossum
30 @
Raccoon
Glass—Duty, Cylinder or
;
40 @ 1 10
40 @
83 @
10 @
/
00
00
00
00
40
80
75 :
Window
Polished Plate not over 10x15 inches,
2} cents $ square foot; larger and
not over 16x24 inches, 4 cents $
square foot; larger and not over 24
cents $ square foot;
above that, and not exceeding 24x60
inches, 20 cents $ square foot; all
above that, 40 cents ? square foot;
Axes—Cast
steel, best
p er doz
ordinary
Carpe > ter’s ’Adzes,....
15 @
brand-
do
13
24
@
25
$5 less 20 #
Cotton Gins, per saw.
Narrow Wrought Butts
Cast Butts—Fast Joint.
s
w
Loose Joint.
List 5# dis.
List 10 #aiv.
List.
List 25 #adv.
Hinge*,Wrought,
„
Door Brits, Cast Bbl... L‘st 20 # dis.
Carriage and Tire Bolts List 40 # dis.
Door Look 3 and Latches List 711 dis.
Door Knobs—Mineral. List 7*# dis.
‘‘
Porcf-lain
Li-4 7* < dis.
Padlocks
New List 20*7} # dis.
.
.
Locks—Cabinet, Eagle
-
5 <adv
List 10 # dis.
“
.
Q
Stocks and Dies.Li4 85 # dis.-
Screw Wrenches—Coe’s
List 20 % dis;
,
L<st56@60*dis.
$ ft) 24 @
2° PJV®
Sin ths Vis-s
..
Framing Chisels—Old List 25 iadv.
Hrmer do ib sets.
List40£adv.
to
do
handled,
insets
List40jtadv.
Augur fi^ts
List 20 % dis.
Short Augurs,per dz.NewList 10# dU.
^n*rr ido'
Cut Tacks
List 10# dis.
List 65&10 # dis.
List 55 # dis.
Cut Brads
Bivet , Iron
List 25*80 # dis.
Screws American.. .List 10&2*# dis.
do
English
List 20 # dis.
Shovels nnd Spades...
List 5 # dis.
Horse Shoes
7}@
8J
List 30@ 35 #tdv
Planes.
Hay—North River, in bales? 100 ft>s,
for shipping
1 00 @ 1 05
Hemp—Duty, Russian, $40; Manila,
$25; Jute, $15; Italian, $40; Sunn
and Sisal, $15 ? ton; and Tampico,
1 cent ? ft).
Amer.Dressed.? ton 880 00@S90 00
Undressed.. 290 00@300 CO
do
375 00@885 00
Russia, Clean
teold)100 oo@i8612
oo
ft)..(gold)
@
••
^
Manila..?
..
8I#al
.
(gold)
Pi@
....
Hide*-Duty, all kinds, Dry or Salt¬
ed and Skins 10 ? cent ad val.
Dry Hides—
19 @
21
Buenos Ayres? lbg’d
do
Montevideo
vm
do
....
18
do
Rio Grande
Orinoco
California
18 @*
gold
California, Mex. do
Porto Cabello
do
Vera Cruz
do
..
Tampico
...
.4.
do
do
Wet Salted Hides—
Texas
Bue Ayres.?
Rio Grande
California
ft) g’d.
....
do
do
Western
Coutry sl’ter trim. *
cured.,
City
do
do
Upper Leather Stock—
B. A. & Rio Gr.
@
1S*@
@
16
12} @
14}@
14}@
11 @
..
..
@
@
1. @
11 @
li
^
14
15
15
12
,
,
n
9}
12*
12}@
@
IP*
28
80
..
13
Kip
? ft> cash.
@
29 @
80
Sierra Leone.... do
unpolished Cylinder, Crown, and
19 @
2J
Common Window, not exceeding 10x^
Gambia & Bissau do
15 inches square, 1}; over that, and
? gallon.
Honey—Duty, 20 cents
not over 16x24, 2; over that, and not
Cuba (duty paid) (gold)
over 24x30 ,2}; all over that, 3 cent§
85 @
? gall.
87}
? ft).
Hops—Duty: 5 cents ? ft).
American Window—1st,2d, 3d, and 4th
70
Crop of 1866
? ft)
40 @
qualities.
45
do of 1865
20 @
(Subject to a discount of 25@35? cent.)
Foreign
40 @ 55
6x 8 to 8x10..$ 50 ft 7 25 @ 5 50
8x
to 10x15
7 75 @ 6 00
Horns—Duty, 10 ? cent, ad val.
9 25 @ 6 50
llx.4 to 12xlb
Ox, Rio Grande...? C 14 00@
9 50 @ 7 00
12x19 to 16x24
Ox, Buenos Ayres
12 00@ 14 00
18x22 to 20x30
11 75 @ 7 5000
India Rubber—Duty, 10 ? cent
20x31 to 24x30
14 50 @ 9
ad val.
24x31 to 24x36
16 00 @10 00
Para, Fine
? ft)
87
^
25x36 to 30x44
17 00 @11 00
Para, Medium
65 @
80x46 to 32x48
18 00 @12 00
Para, Coarse
60 @
"
32x50 to 32x56.
20 00 @13 00
Above
24 00 @15 00
Indigo—Duty free.
Bengal
(.old) ?tt) 1 00 @ 65
English and French Window—1st, 2d,
85
75 @
Oude
(gold)
3d, and 4th qualities.
65 @
90
Madras
(gold)
(Single Thick)—Discount 25@39 ?cent.
65 @
10
Manila
(gold)
6x 8 toSxl0.?50 feet 7 75 @ 6 00
80 @
15
Guatemala
(gold)
8x11 to 10x15
8 25 @ 6 50
70 @
90
Caraccas
(gold)
11x14 to 12x18......... 9 75 @ 7 00
Iron—Duty, Bars, 1 to 1} cents ? lb.
12x19 to 16x24
10 50 @ 7 50
Railroad, 70 cents ? 100 ft); Boiler
20x31 to24x80
..15 50 @12 00
and Plate, 1} cents ? ft); Sheet, Band,
24x31 to 24x36
16 50 @13 00
Hoop, and Scroll, 1} to If cents ? ft>;
13 00 @15 00
24x36 to 30x44
Pig, $9 ? ton; Polished Sheet, 3
80x45 to 32x48.
20 50 @16 00
cents ? ft).
.24 00 @18 00
82x50 to 32x56
on
42
Gum, Myrrh, Turkey.
..
x39 inches. 6
@
@
7}-a
oz.
Gambier
Gem Gedda
Gum Damar
Gum Myrrh,East
95
11
80
Extract Logwood
Senegal
@
76
pale
Mink, dark
Marten, Dark
@
..
00
50 @
2 i>0 @ 4
5 00 @20
2 00 @ 5
3 00 @ 6
do
@
@
@
@
15 @
Cutch
Gum
Gum
Gum
Fisher,
Fox, Silver
.
..
Hardware-
60 @ 1 00
50 @ 75
Badger
80
00
75
85
2
29
Cochineal, M exic’n(g’d)
Copperas, American...
Cream Tarar, pr.(gold)
Cubebs, East India....
do, French, EXF.F.do
Bleaching Powder, 80 cents ? 1001b;
Ww<l
10 cents V ft; Crude
-• »
35
@
@ l
@ l
13}
Beaver,Dark..? skin 1 00 @ 5 00
50 @ 3 00
do
Pale...
Bear, Black
5 00 @i2 00
3 00 @ 8 00
do brown
6
..
70
Peru, 50 cents ? ft); Calisaya
Bark, 80 $ cent ad vaL: Bi Carb. Soda,
14; Bi Chromate Potash, 3 cents ? ft);
8
22
? ft)
ters
Fralts—See special report.
Furs—Duty, 10 $ cent.
Cardamoms, Malabar.. 8 00 @ 3 25
Castor Oil Cases $ gal 2 65 @ 2 70
60
50 @
Chamomile F i ow’sf ft)
£3 @
31
Chlorate Potash (gold)
9
Caustic Soda
*4®
97 @ 1 00
Cochineal, Hon. (gold)
Flowers,Benzoin.$
$ ft)
Jersey
Ammonia,
22
Balsam
25
5m
.....
;
87}
4}
..
53
Hair—Duty fr**.
RioGrande,mixed? ft)
Buenos Ayres, mixed .
Hog, Western, unwash.
No.1.40 00 @42 00
Herring, Scaled? box.
Herring, No. 1...
Herring, pickled ?bbl. 5
Flax—Duty: $15 $ ton.
do House
Licorice, Paste, Sicily.
and Regnlus,
cent ad val.;
Balsam Copalvi, 20; Balsam Tolu, 30;
45
4}@
Licorice Paste Spanish
Solid
Licorice Paste, Greek.
20; Antimony, Crude
10; Arrowroot, 30 ?
8}
Salmon, Pickled,
00 @42 50
••
Sporting, in 1 lb canis¬
Fish—Duty, Mackerel, $2; Herrings,
$1 ; Salmon $3; other pickled, $1 50
? bbl.; on other Fish, Pickled, Smok¬
ed, or Dried, in smaller pkgs.than bar¬
rels, 50 cents $ 100 ft).
$ cwt. 6 50 @ 7 25
Dry Cod
Pickled Scale...? bbl
@ 6 50
Pickled Cod
? bbl. 7 25 @ ....
•Mackerel, No. 1, Mass
shore
19 CO @ ....
Mackerel, No.l,Halifax
@18 00
Mackerel, No. 1, Bay..18 *0 @
Mackerel, No. 2, Bay..17 00 @17 50
Mackerel, No. 2, Ha axl7 00 @18 00
Mac’el,No.3,Mass. l’ge ... @14 50
Mackerel, No. 8, H’fax 14 15 @15 00
Mackerel, No. 8, Mass
@
$
i9
Drags and Dyes—Duty, Alcohol,
2 50 per gallon; Aloes, 6 cents $ ft);
Alum, 60 cents $ 100 ft); Argols, 6
cents $ ft); Arsenic and Assafoedati,
4
90
11}
23
38
7j@
@
6 @
84 @.
(gold). 41
Brimstone, Am. Roll
? ft)
Brimstone, 1 lor Sul¬
phur
Camphor, Ct-itde, (in
bond)
(gold)
Camphor, Refined
Carbonate
in bulk
26
85
..
ton
Cantharides
•
7 50 @
Rifle
34
85
Feathers—Duty: 30 $ centad val.
Prime Western...? ft)
95 @ 1 00
70 @
Tennessee
75
50 @ 2 75
46 @
48
Bi Carb. Soda, New¬
castle
Bi Chromate Potash...
Brimstone
•
..
2
Berries, Persian
Bleaching Powder
Borax, Refined
•
45
@
@
@
50 @
40 @
52 @
50 @
12 @
Woods—Duty free.
Cam wood., (gold)? t’nl90 0G@200 00
Fustic,Cuba
...30 Of @81 00
Fustic, Savanilla(gold)22 50 @23 CO
Fustic, Maracaibo do.83 00 @ ...
Logwood, Cam.(gold).25 50 @
Log wood, Jamaica.... 14 50 @15 00
Limawood
..(gold)
.. @67 50
^
51
.
@
Dye
$ cent ad val.; Pruss. Potash, Yel¬
low, 5; Red do, 10; Rhubarb, 50cents
$ ft): Quicksilver, 15 ? cent ad
val.; Sal Airatus, 1} cents ? ft); Sal
Soda, } cent $ ft); Sarsaparilla and
Senna, 20 $ cent ad val.; Shell Lac,
10; Soda Ash, 4; Sugar Lead, 20cents
$ ft); Sulph. Quinine, 45 $ cent ad
val.; Sulph. Morphine, $2 50 $ oz.;
Tartaric Acid,20; Verdigris, 6 cents
? ft); Sal Ammoniac, 2u; Blue Vit¬
riol, 25 $ cent ad val.; Etherial Pre¬
parations and Extracts, $ 1 $1 ft); all
others quoted below, free.
..
30
80
@
@
.
feent4 ad val.;$Opium, $2 50; Oxalic
cid,
cents
ft); Phosphorus, 20
Acid, Citric.... (gold)
Alcohol
$ gall. 4 70
Aloes, Cape
$ ft) 2j
75
Aloes, Socotrine
24
18
45
35
3
30
Gunpowder—Duty, valued at 20
cents or less ? ft), 6 cents $ 9), and
20 $1 cent ad val.; over 20 cents VI
ft), 10 cents ? ft) and 20 $ centad val.
Blasting(A) $ 25ft) keg .. @ 5 00
Shipping and Mining.. .. @ 5 50
45
Duck—Duty, 30 $ cent ad val.
Ravens, Light. .? pee 16 00 @18
Ravens, Heavy
20 00 @
Scotch, G’ck, No. 1 ?y.
@
85 @
Cotton,No. 1.... ? y.
Ipecau-and Jalap,
50; Lie. Paste, 10; Mgnna, 25; Oil
Anls, Oil Lemon, and Oil Orange,
50 cents; Oil Cassia and Oil Berga¬
mot, $1 $ ft); Oil Peppermint, 50
24
Cotton—See special report.
*
Acid..(g’ld)?ft)
Verdigris, dry a ex dry
Vitriol, Blue
Tart’c
limed Iodine, 75;
Ashes—Duty: 15 $ cent
hard, .per M.12 50 @13
Copperas, 4; Cream
Geeda and Gnm Tragacanth, 20 $
cent ad val.; Hyd. Potash and Resub¬
Anchors—Duty: 2* cents ? lb.
Ol 2091b and upward? ft)
9}@
..
(80?c.)(g,ld)
Sugar L’d, W’e(goid)..
Snip Quinine, Am $ oz 2
Sulphate Morphine.... 7
Cutch, 10; Chamomile Flowers, 20
? cent ad val.; Epsom Salts, 1 cent
? Ib* Extract Logwood, Flowers
Benzola and Gamboge, 10 $ cent.;
Ginseng, 20; Gum Arabic, 20 $ cent
ad val.; Gum Benzoin, Gum'Kowrie, and Gum Damar, 10 cents per ft);
Cum Myrrh, Gum
Senegal, Cura
dition to
Croton
Shell Lac
Soda Ash
$1 gallon; Chlo¬
Caustic Soda, 1};
Tartar, 10; Cubebs,
.
Seneca Root
$ ft); Caster Oil, $1
this
side of the Cape of Good Hope, a duty
of 10 Ver cent, ad val. is levied in ad¬
Common
Senna, Alexandria..
Senna, Eastlndia
Cantharides, 50 cents
rate Potash, 6;
Citric Aeid, 10;
chandise, of the growth or produce of
Countries Fast of the Cape of Good
Hope, when imported from places
Bricks.
Sarsaparilla, Mex
$ ton; Flor Sulphur,$20 ? ton, and
15 $ cent ad val.; Crude Camphor,
30; Refined Camphor, 40 cents 38 ft).;
Carb. Ammonia, 20 $1 cent ad val.;
below, a
40 @
33 @
Sarsaparilla, Hond
$10
Brimstone, $6; Roll Brimstono,
PRICES CURRENT.
pg" In addition to
735
TflE CHRONICLE.
8,1866.]
-i
Groceries—See special report.
Gunny
cents or
Bags—Duty, valued at 10
less,
£ square yard, 3; over
10, 4 cents $ ft)
Calcutta, light & h’y #
25
Gunny Cloth—Duty, valued at 10
cents or less
24} @
? square yard, 3; over
10,4 cents $1 ft).
Caloutta, standard, y’d
.
39}@
Pig, Scotch,No 1.
? ton 52 00@ 55 00
Pig, American, No. 1.. 5u 00@ 51 00
Bar, Swedes, assorted
sizes (in gold)
95 00@;00 00
' Stork Prices—,
Bar Swedes, assorted
„
„
,
sizes
Bar,English and Amer¬
ican, Refined
115
do
do Commonl05
do
@170 00
736
THE CHRONICLE.
Scroll
US 00@'95 00
Ovals and Half Round 140 00@1'0 < 0
Band
@14.5 00
Horae 8hoo
140 00@iro u0
Rods, 5-8@3-16 inch ..1 0 00@175 00
Hoop
ISO 00@-2l5 00
$ ft
1«$
21®
21
Nail Rod
Sheet, Russia
Sheet, Single, Double
and Treble
6]-@
Rails, Eng. (g’d) $ ton 50 0, @
do
9
..
65 00® 90 00
American
Ivory—Daty, 10 18 cent ad val.
East India, Prime #ft 8 z @ 3 76
fc^East Ind , Billiard Hall 8 50® 4 50
Afrioan, W. C., Prime 8 25® 3 00
African, Serivel.,W.C. 2 00® 2 50
Lead—Duty, Pig, $2 # 100 lb: Old
Lead, 14 cents $ ft ; Pipe and Sheet,
*4 cents $ ft.
Galena
$ 100 ft
@
Spanish
(*o d) 6 6 : @ 6 75
r German
(g.d!) 6 62 @ 6 75
English...,
(gold) 6 16 @ 7 1*4
..
s
Bar
.net
Pipe and Sheet
@10 00
@10 75
..
net
do
do
No. 1
6 00 ® 7 50
Pale and Extra
84
S’*
Oak, Slaughter, light.
middle
do
do
do
do
heavy,
do light Cropped....
do middle do
do
do bellies
42
....
45
5j
....
1:1
3
Heml’k, B. A.,«fcc..l’t.
•
@
@
@
@
@
@
@
9
44
50
60
51
21
82
middle.
3-i@
834
heavy
Califor., light.
do
do
do
do
do
do
do
do
85 @
86
31
do
do
.
80
do middle.
do
heavy.
do
Slaugh.iu rough
Oak, Slaugh.iu rou.,rt
do
do
81
21
3<J
83
38 @
du poor
85
80
25 @
dam’gdall w’g’s
do
do
@
@
@
@
2* @
21 @
middle
do
do
heavy.
do & B. A,
824
34
‘29
81
83
Orino., etc. l’t.
do
@
3:4®
45
8»
@
.vi
81
and heavy
oeucad val.
JLlme—Duty: 10
Rookland, com. $ bbi.
..
@ 1 70
do
heavy
@ 2 20
Lumber* Woods, Staves.etc.
—Duty : Lumber, 20 18 cent ad val.;
Staves, 10 $ cent ad val.; Rosewood
and Cedar, rax a.
Spruce, East. 18 M it 21 00 @ 23 00
40 00 @ 10 00
Southern Pine
„
White Pine Box B’ds So 00 @ 82 00
White Pine Merch.
Box Boards
38 00 @ 83 00
Clear Pine
So 00 @100 00
Laths, Eastern. $ M
Poplar and Whi e
4 25 @
wood B’ds & Pl’k. 55 00 @ 65 0J
Cherry BMs & Plank 80 00 @ 90 00
Oak and Ash
60 00 @ 65 00
Maple and Birch
...
Black Walnut
85 00 ® 40 00
100 00 @120 00
STAVES—
White
oak,
pipe,
exLa..
18 si.
do
do
do
do
do
pipe, culls
®160 OO
®2o0 00
@200 00
®l2» 00
®100 00
®175 00
®140 00
@110 Of
® 6*) 00
@130 OC
® 90 OC
.
nhd., extra,
hhd., heavy
hhd., light,
hhd.,culls,
bbl., extra,
bbl., heayy.
bbi., light.,
do
do
®?00 00
@250 00
®200 0G
pipe, heavy
pipe, light,
-
do
do
do
do
bbl., culls..
Red oak, hhd., h’ vy.
do
„
hhd., light..
HEADING —White
oak, hhd
Mahogany,
®150 00
Cedar*
Rose*
Wood—L>uty free.
Mahogany, St. Domin¬
crotches. $ ft.,
go,
do
St. Domingo,
ordinary logs.
do
Port-au Platt,
crotches
do
Port-au-Platt,
logs.
do
do
do
do
-
Nuevitas....
Mansanilla
..
7
10
30 @
40
12 @
16
!6
16
15
12 ®
Mexican.....
Honduras
10®
(American wood)..
Cedar, Nuevitas
14 ®
14 ©
do
do
do
Mansanilla..
Mexican
Florida. $ o. ft.
Rosewood, R. Jan $ ft
l*
10
60
5
4
Bahia
do
50
®
12®
@
@
®
®
@
20
15
15
14
00
8
6
ft.
Cut,4d.®t>0d.y 100 ft 6 75 ® 7 00
Clluoh
Horse shoe,
® 8 50
fd (8d)$i ft
Copper
28 @
48®
Yellow metal
Zinc
3-' @
..
..
..
20
spirits of
®
Naval
Stores—Duty:
turpentine 3t cents # gallon; crude
Ttrpentlne, rosin, pitch, and tar, 20
tt cent ad val.
Turpent’e, f ..^28)ft 6 75 ®
Tar, Am riot.
....
bbl 2 50 ® 3 25
Ft eh
@ 5 tO
4 25 ®...,
TanJ5ToJ...4 75 ® 5 60
common
....
114
Cake—Duty: 20 $ cent ad vai.
City thin obl’g, in bbls.
$1 ton.55 00 ® ....
do
in bags.54 OO ® ...
West, thin obl’g, do 53 00 ® ....
Oils
Japan, superior
Duty: linseed, flaxseed, and
rape seed, 23 cents; olive and salad
oil, in bottles or flasks, $1 : burning
fluid, 50 cents 18 gallon; palm, seal,
and cocoa nut, 10 fl cent ad val.;
sperm and wbale or other fish (for¬
eign fisheries,) 20 $ cent ad val.
Olive, quarts per case
@
do in casks.$ gall.. I 75 @ 1 76
Palm
$ ft • • @
11
Linseed, city... ^ gall. 1 83 @ 1 40
Whale
1 y0 ® 1 25
Sperm, crude
....
unbleach. 2 90 ®
1 35 ® 1 40
do
Lard oil
Red oil,
Straits
2 65 @
....
oity distilled
90®
.
I 10 ®
Paraffine, 23 — 80 gr..
45®
Kerosene
..(free).
54®
do
do
do
do
do
do
do
r
on
!
6'»
66
ochre, ground in oil, $150
UK)
ft; Spanish brown 25 $ cent ad vfl*
China clay, $5 $ ton; Venetian red
and vermilion 25 $ cent ad val.;
white chalk, $10 $ ton.
Litharge, Amer.. .$ft
12-®
Lead, red, American.
12|®
do white, American,
pure, in oil
..
® 15
do white, American,
dry
®
do
gr’; In oil.Tp ft
Spanish brown, dry $
10®
12
8®
10
9
Venet,red(N.f!.)^cwt 3 25 @
in bond
....
30 ®
....
81
11
•
® 2 40
l:j@
13
m
18 pkg.
240 ft bgs.
do
....
do
do
76 ®
70 ®
00
9i>
70 ®
80
ginia & S. Y.
@
26 ®
@
.
80
58
Medium
..
48 ®
80 ®
do
85
@
®
Fine
do
....@
..
Fine....
Medium.
Common
do
do
do
do
@
TO
30
12
g.nia&N.Y..
824®
^Medium
28 ®
25 ®
86
30
26
....
00
.
00
20 00 ®30 00
Penn,
do -8 00 @25 CO
do
do
Common Cigars.. ...,18 10 @25 00
16
-
Whalebone—Duty: foreign fish¬
ery, 20 p c. ad val.
South Sea
$ ft
North west coast......
Ochotsk
Polar
....
-
....
4 90®
5 0
Hiv. Pellevoisin do
4 9 ®
4 85®
5 00
Alex. Seignette.
Arzac Seignette
J. Romieox....
Other Rochelle,
4 85®
4 90’
4 95
4 8f ®
4 95
do
do
do
do
4 75^
4 25®
4
Rum—Jamaica ..do
St. Croix
dGin—Differ, brands do
4 2£@
8 5'®
2 90®
6 00
3 60
8 50
do
4 00® 4 90
Sherry
do
do
65®
1 16®
6 00
48
8 00
1 20
8 00
Madeira
do Marseilles
do
do
4 00®
....
D m’c—N.E. Rum.cur. 2 45®
Bourbon Whisky.cur. 2 4u@
Corn Whisky ( nb nd)
4i®
Wines—Port..... (gold) 2 Of®
Burgundy Port
2 60
« 00
1 10
75®
76® 1 10
1 ’>5® 1 75
do
dry.... do 110® 150
Claret, in fihds. do 8* 00®15U 00
d •
Malaga,sweet
do
Sherry
do
in
cases
Champagne
<o
.
2 ‘.£@ 30 00
do
.
do 11 00® 25 00
....
Wire—Duty: No. 0 to 18, uncovered
$2 to $3 6 18 100 ft, and 15 18 cent ad
val.
No. Oto 18 ..**..10 A 5
No. 19 to 26 .... 25 &5
No.27 to 86 .... 80 & 6
$ ct iff list
18 ct. off list.
18 ct off Hat-
Telegraph, No. 7 to 11
Plain
$ ft
9 ®
10
costing 12 cents or les
18 ft, 6 cents $ ft; over 12 and not
W ool—Dnty:
more than 24, 7 cents • over 24 and
not over 82,10, and 10 18 cent ad val¬
orem ; over 82,12 cents $ ft, and 1
18 cent ad valorem; on the skin, 20
Amer., Sax. fleece 18 ft
do
full bl’d Merino.
f0 ®
4 and 4 Merino..
40®
50 ®
do
48
Extra, pulled
40 ®
£0®
Superfine.
1, pulled
California, unwashed...
No.
20
pulled......
80®
.
..
S. Amer. Mestiza, unw..
do
common,unw.
Entre Rios, washed
unwashed....
do
8. American i.ordova
18 @
28
®
22®
....
24
46
40 ®
..
Donskoi, washed
42 ®
@
15 ®
46
®
40
25
25
Persian
African, unwashed
....
washed
8
Mexican,unwashed..,.
Smyrna,unwashed ....
do
@
2) ®
.2s ®
27 ®
82 ®
Peruvian, unwashed...
do
£Q
4»
40
25
45
32
81
80
84
Si) ®
common....
do
do
Texas
65
58
45
65
®
80
25
20®
•
22®
25
85 ®
washed
45
Zinc—Duty: pig or block, $1 50 9
100. fts.; soeets 24 cents $ ft.
Sheet
18
lJ % 13J
I'reights-
To Liverpool:
Cotton
#3ft
Flour
^..18 bbl.
Petroleum
d.'
s.
d
s.
8 16®
4
@ 2
@4
..
Heavy goods.. .$ ton 15 00 ®
Oil
0
0
...
@20
Corn, b’k&bags $ bus.
Wheat, bulk and bogs
Beef
18 tce*
Pork
bbl.
0
5
..
@
@
• *
@30
..
..@2
0
Oil
@25 0
Flour
.
18 bbl.
@19
Petroleum
@5 0
Beef
@8 6
18 tce.
..
Pork
bbl.
*,.@2 6
Wheat.
$ bush.
@
*_
04
Corn
@
6 •
To Glasgow (By Steam) :
Flour
..
18 bbl.
@2 0
Wheat
$ bush.
...
@
0
.
60 ®
20 ®
10 ®
Common
....
@
5 15® 10 50
(fh ....
5 0® 7 00
..
Heavy goods... 18 ton '8 9 @20 0D
@
....
@
@
....
..
@ 1 50
...
..
5 20® 10 00
do
To London:
Wrapper
9
Linseed,Am.clean$ltee .... ®
do Ain. rough ft bus 8 10 ® 8 20
do Oaloutta
.gold % 60 ® ....
nominal.
90 ® 05
...
....
18 has 4 25 ® 5 00
12
heed and Havana,per M55 00 ®S0
Cleav Havana,
do
@.
<1 > Connecticut Seed. 25 00 ®45
New York Seed, Conn.
Seeds—Duty; linseed, 16 eta; hemp,
4 cent 18 Oh; canary, $1 $1 bushel of
60 ft; and grass seeds, 30 $1 cent
14 ®
®
Cigars (domestic),
..
Timothy,reaped 18 bus 8 2» ® S 76
5 0 ii/A to 00
5
Navy fts — Best Vir-
52
50
®
45
12
5 ®
bright
do
do
do
..
® S 25
2 85 ® 3 00
4®
12
fts(Virglnia)—Ex.flne,
Saltpetre—Duty: crude, 24 cents;
refined and partially refined, 3 cents;
nitrate soda, 1 cent $1 &>•
Refined, pure
$
16
®
soda..,...gold
..
bright
Onondaga.com.fine bis. 2 50 @ 2 60
do
do 210 ft bgs. 1 90 ® 2 0>
do
do
^ bush.
42 ®
45
Fine screened
17
22
44 ^
124®
74^6,
8®
do
do
Medlam..
Common..
do
do
fts (Western)—Ex.flne,
® 2 75
50 ®
43 @
104
8 ®
18 &
}4 fts—Best
@
ooarse
4 ®
Leaf.
do
Salt—Duty: sack, 24 cents $ 100 ft;
bulk, 18 cents $ 100 ft.
Turks islands 18 bush.
66 ®
5T
....
25
10s and i2s—best Vir¬
Rice—Duty: cleaned 2| cents $ ft.;
paddy 10 cents, and nncleaned 2 cents
# ft.
Carolina....* $ 100 ftIO 00 ®U 00
-Vorthingt’s
do
do
18 cent ad val.
Terne Coke.... 10 00 ®L0
Foreign.
Mrvana,Wrap.(d’ty pd)
Havana, ass. (duty i ’d)
Havana, fill, (duty p’d)
Yar.i, asswrt.(da y p d)
Cuba, assort (duty p d)
Manufactured, (in bond)—
124
11 ®
a &
1-1
I. C. Coke
10 25 ®13 00
Terne Charcoal 13 50 ®14 00
& N.Y.. Fillers.
& ' .Y.. Wrap ..
& N.Y., R. lots.
& OLlo, Fi lers..
& Oho, Wrap .
Penn. & Oh o, R. lots..
....
Liverpool,gr’nd$ sack 2 00 ®
do fin ,Ashton’s(i’d) 2 75 ®
18
1H®
ionu
19 (0 ®
Cadiz
15
Hi®
Con".
Conn.
Pe n.
Penn
0
20 00 @20 50
@
Shoulders,...
12®
Seed
17 00 ®22
new
'174
edium ro Go d
Mne to Select
bacon, and lard, 2 ts $ ft.
18 ft
Canary
®
Lugs and Com. Leaf..
Beef, plain mess $ bbl.. 12 00 ®>s on
^ ft
domestic...
ad valorem.
® 2 50
mess,
do
Valparaiso, unwashed..
Provision**—Duty: beef and pork,
ad vaL
Clover
19*
Tobacco—Duty: leaf35cents 18 ft;
and manufactured, 50 cents 18 ft.
Cigars $1 per pound and 50 per cent
5 (0 ® 5 50
...
Calcined, eastern^ bbl
Calcined, citv mills
Crude
Nitrate
19 ®
154®
do
do
do
....
do
F.F
^ ft.
18 ft (gold)
234®
21 ®
(gold)
21
English...
(gold)
..
®
21J
Plates,char. I.C. 18 box 18 5o ®'4 01
25®
27
Roslduum
$ bbl. 4 50 ®
Planter ParK—Duty: lump,free;
calcined, 20 $ cent ad vaL
Blue Nova Scotia1^ ton
... ® 4 60
Solar
®
®
Banca
Straits
Vaptba, refined.
dne,
..
cent ad val.
Plate and sheets and
terne plates, 25 per cent, ad val.
40
Petroleum—Duty: crude,20 cents;
refined. 40 ents $ gallon.
Crude,40@47grav.$gal. *0 ®
Refined, free
50 ®
do
..
Tin—Duty: pig,bars,and block,15#
....
Lard,
€0
Tea*.—See special report
...
Old
prime, do
.
..
try and city $ ft...
3 50
Carmine,city made$4 0)16 OO @20 1)0
China clay
$ *on29 00 @ ....
Chalk
18 bbL 5 00 ®
Chalk, block
ton
@23 00
Chrome yellow. ..18 ft
15 ®
4Q
do
do
.
Amerioan, prime, coun¬
....
Renault & Co..
J. Va>Btl A Co.,
Jules Robin....
Marrette & Co.
5 20® 10 50
5 -0® 10 50
5 15® 10 50
5 00® 10 00
5 0® 10 50
(gold)
Hennessy
(gold)
Otard, Dup. &C0M0
Finet,Castil.&Co.do
Whisky—8. & Ir.
@
@
59 @
®
Tallow—Dnty: 1 cent $ ft.
80®
American....
?ork, mess,
55
44
60
@
Sumac—Duty: 10 # cent ad val.
Sioily
18 ton.. 150 00 ®225 00.
.
extra mess.
,
American, spring
English, spring
Vermllion.Chincse^ft 1 40 @ I 45
do
Trieste
1 10 ® 1 15
do
Cal. & Eng
1 85 ® 1 50
do
,
,
59
57
Chagres ...gold
Puerto Cab^foM
.
12
100 ft
I 50 ®
do
gr’dinoil.^ ft
8 ®
Paris wh., No.l^loOft 8 ?5 ®
lams,
#
Steel—Duty:, bars and ingots, valued
at T cents ^ ft or under, 24 cents;
over 7 cents and not above 11, 3 cis
18 ft; over 11 cents, 3J cents 18 ft
and 10 $ oent ad val. (Store prices.)
English, cast, 18 ®>
181®
21
Ochre, yellow, French,
dry
18 *00 ft 2 50 ® 3 50
1 ct:
@
<&
Spices.—See special report
134
10 ®
dry, Ns. 1
White Nova Scotia
62
87
@
German
do white, American,
No. Lin Oil
do
.
VeraCruz .g«>ld
do
Zinc, white, American,
do
..
Spelter—Duty: in pigs, bars, and
plates, $1 50 $
fts.
Plates, foreign $ ft gold
6®
38 ft ;
puie,
85
Madras,eac cash
Castile
J. A F. Martell
50
cent ad val.
white lead, red
$ cent ad vaL
Brandy—
L ger fn-res ...
do
Othor br’ds Cog. do
Pellevoisin freres do
A. Seignette
do
.
(7*.
ad
cen
$1 18 gallon, $118 gal'
over
United V. Prop,
Vine Grow. Co.
Soai>- 'Duty: 1 cent 9 ft, and 25 18
lead, and litharge, dry or ground in
oil, 3 cents $} ft; Paru white and
whiting, 1 cent $ ft; dry ochres, 56
cent*
100 ft: oxidesofzinc, if cents
$ gallon and 25 $>
Ion and 25
4) @
Tampico. ..gold
Matamoras.gold
Pr.yta
gold
do
do
50 cents
valorem;
31
..
Cape
Cssh
Deer,SanJuan^ftg »ld
do Bolivar ...gold
do Honduras..gold
do Sisal
gold
do Para
gold
95
....
f*aints—Duty:
-
45
gallon*, other liquors, $2.50 Winks—
Duty: value net over 50 cents 18 gal¬
lon 20 cents 18 gallon and 25 ^ cent
ad valorem; over 5 and not over 100,
@
85 @
@
Buenos A...go d
Vera Crux .*.old
do
....
u0
....
40
Goat,Curacoa^ ft g-11
•
refined winter.. 1 8> @
@
Skins—Duty: 10 $ oentad val.
....
do
10 00 ®ll
China thrown
-
•
11 fto ®iJ 60
Medium
ao
East India,dressed.... 9 0 • ® 9 75
Molauei.-see special report.
Nails—Duty: cut 14; wrought 24;
horse shoe 2 cents
All thrown silk.
18 cent.
Taatlees, No. 1 @3.^ft 12 60 ®18 00
Tavsaams, superior,
No. 1 ® 2
11 50 ®12 f 0
do medium,No.3®4 9 00 ®10 50
Canton,re-reel.No 1®2 9 50 ® 9 75
35
OH
Hams
25 ®
0,®
Ilf
^sik—Duty; free.
67
.
mid.
do
65®
g.
Oakum—Dnty fr.,18 ft
do
Leather—Duty: sole 35, upper SO
V cent ad val.
r-*oash.$ ft.
Shot—Duty: 2| cents fi ft.
Drop and Buck... ^ ft
10|®
8 00 ®!l ro
(280 lbs.)
Spirits turp., Am. $
[December 8,1866.
Wines and Liquor*—Liquors
—Duty; Brandy, first proof; $8 par
..
Corn, bulk and bags..
@
6
1)^ bbl.
..@40
Heavy goods..ft ton.- 20 0 @25 0
..
Petroleum (sa
Oil
Beef
Pork
To Havrs :
Cotton
Hops
-
..
18 toe.
V*>bL
..18 ft
.....
•
@30
..
.
..
Beef and pork.. $
Meaaurem. g’ds
bbl. 100®
ton 1U CO @
Wheat, in shipper’s
..
bags
18 bush.
@
Flour
Petroleum
bb
Lard, tallow, cut mt
etc...
9 ft
▲shea* pot and. pear I
0
@6 0
..@8 0
$
$
4® •
.
-
....
@
@
..
..
.. .
..
....
.
I®
8 @
.*
10
December
tance is .80 miles.
®l)t ftaflroay Jttonitor.
McGregor
November.—The following are the
been published :
Earning# for
Railroad
Western
Milwaukee and Prairie du
Milwaukee and St. Paul
1866.
1865.
$112,966
1,005,679
331,006
32,973
214,854
36,938
226,840
Chien..
327,926
19,718
39,588
61,770
Minnesota
416,690
70,258
.
.
Michigan Southern
Western Union
Dec.
Inc..
$25,945
165,315
Inc..
10,202
Dec.
Inc..
Dec.
Inc..
Dec.
Inc..
3,965
18,014
18,791
19.870
78,382
8,488
immense wire struc¬
ture, stretching over the Ohio River from Cincinnati to Covington,
was formally opened to pedestrians on the 1st inst., and in a few
days will be so far completed as to admit of the transit of car¬
riages. Its cost has been about $1,750,000. The main strand, from
centre to centre of towers, is 1,057 feet, and the total length, in¬
cluding approaches, 2,250 feet; weight of wire used, 500 tons, and
quantity of lumber, 500,000 feet; height of bridge above low water,
Cincinnati and^
Covington Bridge.—This
100 feet.
Railroad.—This pro¬
ject is about to be realized, and the work will be speedily com
menced. The road begins at Lawrenceburg (there connecting with
the Indianapolis and Cincinnati Railroad), and following the river
bank through Aurora, Rising Sun, Patriot, Vevay, Madison and
Jeffersonville, terminates at New Albany. As contrasted with the
present route by the Ohio aud Mississippi and the Jeffersonville
Railroads, the saving in distance will be very material, and greatly
facilitate the trade between Cincinnati and Louisville.
McGregor Western Railroad.—The extension of the Mc¬
Gregor Western Railroad to Cresco, a station in Howard County,
celebrated on the 20th ult. This makes the finished sections of
the road a total of 66 miles from the Mississippi River. From
Cresco to Owatona, on the Minnesota Central Railroad, the dis¬
Cincinnati,
Madison and New Albany
was
and will be completed next Fall. Be¬
already in operation. The
completion of this line will draw into Milwaukee and Chicago the
products of one of the finest agricultural regions of the West.
Chesapeake Bay and Potomac River Tide Water Canal.
—Such is the title of a new project for connecting the Chesapeake
and Potomac. According to the report of the engineers, the pro¬
posed canal will extend from Washington to Annapolis, a distance
of 37 miles.
By the coast line the distance between the two places
is 190 miles, and, hence, the new liue will make a saving of 153
miles, and from 24 to 26 hoars to all the Eastern markets ; while the
cost of transportation from Cumberland to New York will be less
by 25 per cent., to Philadelphia by 35 per cent., and to Baltimore
by 34 per cent., than by the Baltimore and Ohio Railroad. As
contrasted with the cost of the present water lines from Cumber¬
land to the Eastern markets, it will cheapen transportation by 10 to
12 per cent. The size of the canal and locks are to be the same as
those of the Delaware and Raritan canal (passing vessels of 270
tons). The work will cost $3,850,000. '
Central Ohio Railroad.—This road has been leased to the
Baltimore and Ohio Company for 5-20 years, and was taken pos¬
session of on the 1st inst. The Central Ohio Company will receive
35 per cent, of the gross earnings for the first five years, aud 40 per
cent,
and St. Paul the line i3
thereafter.
Central Pacific Railroad.—The Central Pacific
California is complete to Cisco, 93 miles east from
City, and 12£ miles from
the summit of the Sierra
1804
(280 to.)
$280,503 $210,171.
(280 to.)
(257 to.)
$100,991
154,418
flffi 195,803
162,723
178,786
275,282
299,063
258,480
322,277
355,270
335,985
409,250
401,280
1206,090
£224,257
312,165
354,554
320,879
357,956
2,770,484
3,840,091
Erie
Railway.1865.
1864.
(657 m.)
,
207,913 ..Feb..
304,885. ..Mar..
270,889. .April.
833,432. ..May..
368,273. .June.
326,870. July
381,559. ..Aug..
318,549. ...Sep..
347,085. ..Oct...
.
307,919
236,824
307,803
262,015
(657 m.)
v„
,
.
—
1,114,508
1,099,507
1,072,293
1,(HI,975
994,317
1,105,364
1,301,005
1,222,568
3,224,909
1,334,217
porated May 1, 1849, as the Southbridge and Blackstone Railroad,
was completed and commenced operations
from Southbridge Vil¬
lage to its junction with the main line at East Thompson on the
9th ult.
(797 m.)
Jan
..Feb...
..Mar...
..
.
983,855.
1,256,567 1,070.434.
1,458,455 1,153,295. .April..
1,333,461 1,101,66S. ..May ..
1,177,372 1,243,142. .June...
1,202,180 1,203,462. .July...
1,331,046 1,290,310. Aug ..
1.336.615 1,411,847 ..sep—
1.438.615 1,480,261. ..©cY...
947,146
(524 m.)
..Nov...
Dec—
1,522,472
1,429,765
$256,600
(524 m.)
$363,996
304,445
338,454
380,651
267,126
315,258
278,891
358,862
402,219
407,107
448,934
411,806
366,301
413,974
365,160
351,489
387,095
301,613
418,575
486,808
524,760
495,072
4,120,153
4,826,722
351,799
..
Year
(468 to.)
$290,676
457,227
|C11,297
588,066
525,751
532,911
606,640
625,547
075,330
701,3 a
691,556
914,099
1865.
1866.
(52-4 m.)
$314,598.
*
.
fan.
.
283,177. •Feb..
412,393 Mar..,
409,427, ’April..
426,493. ..May...
392,641. .June..
338,499. ..July...
380,452. .Aug*..
429, 191. ...Sep...
_
...Oct....
.Nov...
500,404.
416,690.
—
.
..Dec...
.
584,523
712,495
795,938
858,500
712,362
580,968
7,129,406 8,489,063
840.354
.
.
.
..Feb...
..Mar...
474,738.
654,890.
606,078. .April..
672,628. ..May..
644,573. .June..
554,828. J uly-.
641,848. Aug, .
661,608. .Sept :.
—
-
416,588
459,762
423,797
•
.
.
Oct. ,.
Nov ..
Dee • ««.
* -Year
(708 to.)
$582,828... Jan..
512,027 ...Feb.
516,608
406.373
460,573
510,100
423,578
617,682
678,403
586,964
799,236
661,391
657,141
747,469
739,736
641,589
643,8S7
603,402
618,088
7,181,208
.
1864.
(251 m.)
115,135
88,221
140,418
186,747
212,209
139,547
113,399
168,218
178,526
149,099
117,013
$96,672
74,409
89,901
87,791
93,763
94,375
93,078
76,248
107,525
104,698
115,184
125,252
116,495
116,146
..Year
..Jan..
84,897. .Feb..
72,135. ..Mar..
108,082. .April.
267,488. ..May..
262,172 June
170,795. ..July..
116,224. ..Aug..
150.9S9. ...Sep..
286,133. ...Oct...
244,854 .Nov..
.
226.840
.
•110,664
..
.Dec...
Wear..
1,985,571
147,485
160.497
169,299
234,194
203,785
202,966
1204,726
177,625
173,722
162,570
218,236
269,459
222,924
208,098
'
1,038,165
105^707
1,224,056
.
.
2,535,001
$79,735
95.843
132,896
123,987
127,010
156,338
139,6? 8
244,1x4
375,534
.
84,264.
82,910.
82,722.
95,664.
106,315.
96,(23.
106,410.
278,848
348.802
338,276
271,553
265.780
263,244
346.781
408,415
410.802
405,510
376,470
April.
.May..
June.
.July.
.Aug..
Sep..
108338
.
..Oct..
.Nov..,
Dec..
150,148..
—
..
—
.,
..Year
.
..Year..
4.874,534
221,670
.Nov:.*.
220.209
Dee,...
265,154
$378,981
s; 375,534
f 361,610
(247,028
2,050,823
2,926,678
.Year
*
837,168
343,738
366,198
336,882
324,986
359,665
429,188
493,648
344,228
837,240
401,456
366,663
329,105
413,501
460,661
490,693
447,669
328.869
3,970,946 A,$04,546
3,311,070
—
Mississippi.—*
1865^
r41866.
(340 TO.l
$259,223 $267,541
289,139 1 246,169
313,914 326^38
(840
271,527
290,916
804,463
349,285
344,700
850,348
372,618
412,558
284,319
3,793,005
277,423
283,130
253,924
247,262
305,454
278,701
310,762
—
—
—
Western Union.
1864.
1865.
I860.
(242 TO.) (484 to.)
$144,084 $226,059 Jan...
194,167 .Feb...
139,171
256,407 ..Mar...
155,753
270,300. Aj»rH..
144,001
138 738
316,433. May...
194,511
1866.
1865.
(285 m.
(285 m.)
$306,324 $282,438
279,137
266,798
$252,435
.Jan.
Feb..
.Mar..
1865.
(271,798
—
Michigan Central.—
$90,126.
—
239,088
—
220,138
1864.
.
1,402,106
217,941
223.846
(285 TO.)
.
.Oct
—
243,417
243,413
2,512,315
..
1866.
—
170,879
202,857
193,919
208,514
210,314
214,533
264,637
212,171
248,292
220,0-2
201,169
(204 in.) (204 m.)
$173,557 $168l7a
180,140
151,93
222,411
167,007
173.732
196,154
215,784
198,082
246,627
196,138
226,047
189,447
.—-Ohio A
-Milwaukee & St. Paul—
1864.
I860.
1864.
I860.,
(340 to.)
(234 to.)
(234 to.)
(234 TO.)
$210,329
$51,965
$98,181 $131,707. .Jan..
260,466
122,621 ..Feb.
46,474
86,528
309,261
124,175 ..Mar..
64,993
95,905
269,443
121,904 April.
83,702
106,269
224,957
245,511. ..May..
203,018
131,648
223.242
242,560. .June.
126,970
237,562
268,176
209,199 ..Jnly.
251,9; 6
99,662
302,596
188.223. ..Aug...
86,4 2
241,370
332,400
275,906. ...Sep..
164,710
S(:0,841
278,006
416,138 ...Oct..
221,638
395,579
346.243
327,926 ..Not..,
198,135
346,717
275,950
..Dec...
129,227
171,125
(242 TO.)
.Jan...
.
167,301. .April..
168,699. ..May...
167,(199 June..
July..
166,015
222,953 .Aug...
..Sept...
162,694
2,084,0741 2^90,698
96,908
96,453
1864.
..Feb...
192,138. ..Mar...
202,771
157,786
149,855
155,730
144,942
218,236
90,576
—
-Toledo, Wab. A Westem.1866.
1865.
(210 to.) (210 TO.)
$170,078 $178,119.
155,893
153,903
.
-
...
.Year
(251 to.) (251 m.)
83,993
78,697
91,809
L., Alton A T. Haute.—.
1866.
(210 TO.)
$100,872
1865.
686,074... Aug..
551,021 ..Sep..
639,195....Oct...
...Nov..
—
—
...Dec..
70,740
106,689
146,943
224,838
217,159
170,555
228,020
810,594
.Oct
Nov
Dec
.
.
—
a
St-pt...
.
o
.1 line..
J uly...
Ai g...
.
201,779
72,389
$121,776.
May.;.
.
270,073 £ 331,006
507,830.. .May
$98,183
74,283
396,050
422 124
307,523
$77,010
560,025. .June.
467,115. ...I uly.
$102,749
April..
2J4, 2
310,413
78,607
—
.
3,313,514
—
-Marietta and Cincinnati.—«
516,822...Mar..
406,773.. April.
1864.
742,**.
1866.
(708 m.)
$571,536
628,972
616,665
'—St.
186(5.
—
(708 m.)
$327,900
*
>
290.642
257,230
197,886
3,095,470
..Year..
1865.
821,818
244,121
306,231
389,489
321,037
..Dec..
.teb
March
264,605
336,617
.
7,960,981
234,612
Jan....
.
183,385
246,331
2S9,403
196,580
(204 m.)
$139,414
I860..
1865.
1864.
(228 to.) (238 in.
$305,554 $241,395
243,178
224,980
271,140
331,494
324,865
.
546,609
1,711,281
..Year
—
(468 to.) (468 m.)
$690,144 $555,488. ..Jan...
678,504
857,583
733,866
637,186
646,995
923,886
RAILROADS. and Pittsburg.
.—Cleveland
175,482
JH3,150
1&5,013
198,679
.
Mil. and Prairie du Chien.-^
1866
1865.
1864.
(234 TO.)
(234 to.)
(234 to.)
-Pitt8b., Ft.W.,AChicago.-*
1864.
702,692
767,508
946,707
$158,735
6,329,447
■
1865.
747,942
(228 in.)
.
branch, incor¬
Erie Railroad.—The
Boston, Hartford and
..Jan..
.Feb..
..Mar..
.
Nevada. The
level of the
sea.
405,634
623,744 .
518,736 . .April.
735,082 ..May..
922,892 .June..
77 -,990. ..July
778,284 ..Aug..
989,053 ...Sep..,
1,210,654 . ...Oct..,
.Nov..,
1,005,680
Illinois Central.
.
1864.
585,623
(930 m.)
$523,566
1864.
1866.
—
13,429,643 15,434,775
N. Indiana.-^
Mich. So &
«
6,114,566
..Year..
$984,837 $1,001,007 $1,187,188.
934,133
468,358
669,605
729,769
716,378
663,401
.Nov..
.Dec..
.
(860 TO.)
$541,005
482,164
499,296
(800 to.)
$273,875
317,839
390,355
421,363
466,830
565,145
480,710
519,306
..Jan..
Railroad of
Sacramento
terminus is 5,911 feet above the
elevation of the present
COMPARATIVE MONTHLY EARNINGS OF PRINCIPAL
^-Chicago and Rock Island.
Chicago & Northwestern
1866.
1865.
1864
1866.
Chicago and Alton.1866.
1865.
1864.
1865.
,
these
the road between
The construction of
points is now in progress*
tween Owatona
returns so far as they have
Railroads.
Chicago and Great Eastern
Chicago and Northwestern
Chicago and Rock Island
737
THE CHRONICLE.
8,186&]
825 191. .June..
304,917. -July..
396,248. .Aug...
349,117. Sept....
436,065., .Oct
.
Nov...,.
Dee
..Year..
»
$30,840
(157 o>.) (177 TO)
$43,716 45,102
37,265
32,378
36,006
39,299
41,450
48,359
68,118
50,308 ?
49,903
60,566
33,972
63,862
-'82,147
68,180
6'».862
75,677
48,338
86,9 3
102,686
85,506
60,b98
84,462
(140 to.)
37.488
4 2 038
66.871
92,713
64,942
61,77A
37,,r
42,195
387,078
669,388
100,302
70,258
-
[December 8,1868,
THE CHRONICLE.
738
RAILROAD, CANAL AND MISCELLANEOUS BOND LIST.
INTEREST.
DESCRIPTION.
placed aft r the
Company shews the total
N. B.—The
sums
’3©
Amount
outstand¬
name of
Funded Debt.
FRIDAY-
B.—The enms placed after the
of Company shows the total
Funded Debt.
%
<
M
1,000,000 7 J’ne & Dec. : 1896
Mortgage (gold coupons)
($30,000,000):
1st Mortgage, sinking fund, (Pa.)
$2,500,000
Ap’l &
1877
do
2d
do
do
1,000,000
{1882
do
1st Mortgage, sinking fund, (N. Y.) 1,014,000
11879
Detroit and Milwaukee ($3,500,000):
let Mortgage, convertible.-.
do
2d
1st
Atlantic A Gt. Western
Oct.!
do
1881
do
do
{1876
Jan. & July,11883
800,000
2d
1st
2d
Mortgage, sinking fund, (Ohio) 4,000,000
1st
Mortgage S’k'g Fund (Buff, ex
do
do
)
Consolidated Bonds
Atlantic A SL Lawrence ($1,472,000):
Dollar Bonds
4,000,
2,000,
.
7
13,858,000
Sterling Bonds
988,000
484,1)00
Baltimore and Ohio ('$10.112,584):
1,000,000
Mortgage (S. F.) of 1834
do
do
1,225.000
433,000
1,000,000
500,000
689,500
do
Blossburg and Corning ($150,000):
Mortgage Bonds
Boston, Cfonc. A Montreal ($1,050,000):
1st Mortgage
)
f
do
Sinking Fund Bonds
($400,000):
2d Mortgage
Mortgage
Buffalo and State Line ($1,200,000):
1st Mortgage
Erie and Northeast
Camden and Amboy ($10,204,463):
Dollar Loans
Dollar Loan
Consoldated ($5,000,000) Loan....
Atlantic ($983,000):
364,000-j
1st
2d
do
1st
($1,509,000):
600,000
Mortgage W. Div
E. Div
mortgage..’
J’ne & Dec. 11867
M’ch & Sep11885
Feb. & Aug'1877
May & No
vJ 1871
Feb. &
Aug
do
income
Chic., Burl, and Quincy ($5,754,406):
do
inconvert..
Bonds, (dated Sept. 20,1860).
Chicago and Ot. Eastern ($5,600,000):
Chicago A Northicest. ($12,020,483):
Preferred Sinking Fund
1st Mortgage
Interest Bonds
Consol. S. F. Bonde. conv. till 1870
Extension Bonds
Chicago, Rock Island A Pacific:
1st Mortgage (C. & R. I.)
1st
do
(new)
Cine., Ham. A Dayton ($1,629,000):
2d Mortgage
New Bonds
Cincinnati A Zanesville ($1,300,000):
1st Mortgage
Cleveland, Col. and Cine. ($475,000):
May & Nov. 1877
Jan. & July 11893
Ap'l & Oct. 1888
3,525.000
3,169,000
Jan. &
'
July 1883
do
M’ch &
rationing ($1,752,400):
1st
1st
98* ioo
102
9 3* 94
1st
91* 93
1.250,000 7*1 Feb. & Aug 1885
1885
3,600,000 7 |
do
756,000 7 ! May & Nov. 1863
2,000,000
Quarterly 1915
Feb. & Aug j 1885
484,000
100
90
90
!
1,250,000
500,000
83*
85
102*
Jan. &
lo
244.200
do
648.200
900,000
500,000
Feb. & Aug 1880
do
1874
1,129,000
1,619.500
1,108,124
M’cb & Sep 1873
do
!l875
Jan. & July 11892
Dividend Bonds
8 anbury and Erie Bonds
Cleveland A Pittsburg ($3,880,848):
>.
Sinking Fund Mortgage
Mortgage Bonds of 1866
Connecticut River ($250,000) :
lit Mortgage
Conn, and Passumpete R. ($800,000):
Mortgage
—
2,081,000
300,000
do
2d
do
8d
Toledo Depot Bonds
Delaware ($500,600):
l*J^Mortgage, guaranteed
:
Deux., Lacfca. A Western ($3,491,500):
1st Mortgage, sinking fund
2d
do
°
Laekawannaand Western
Des Moines Valley ($2,088,000):
Mortgage Bonds
8
Jan. &
July
M’ch &
600,000
April & Oct
96*
‘
do
do
6
May & Nov.
6
May & Nov
7
April & Oct
225,000
7
May & Nov.
2d
.....77!
do
Goshen Air Line Bonds
Milwaukee A Prairie du Chien:
1st Mortgage, sinking fund...
Milwaukee and St. Paul:
,740,000
Ap’l & Oct 1887
100*
Mortgage, sinking fund...
Mortgage
do
..
Mississippi and Missouri River:
..
1st Land Grant
2d
do
do
.
1
1890
7 Feb. & Aug 1883
do
1883
2,362,800 7 Feb. & Aug 1892
300,000 7 May & Nov. 1888
85
Jan.
65
1,092,900
Feb. & Ang. 90-’90
June & Dec. 70-’71
314,100
681,000
399,000
&July 1885
Apr. & Oct. 74-’75
Feb.
&Aug.
4
Jan. & July 1867
do
1881
18do
18—
900. GOO
98
800,560 7
Feb. &
Dollar, convertible
100*
Mortgage
do-
....
865,000
2.258.500
651,000
1874
18-
Ang 69-72
April & Oct |4882
May & Nov 1885
do
1877
Feb. & Ang 1868
402,000
Jan. &
July 1891
4,600,000
1,500,000
Jan. &
July 1893
8,612,000
695,000
May & Nov. 1877
3.500,000
May & Nov. 1915
Morris and Essex:
1st Mortgage, sinking
•
1877
2.242.500
4.253.500
Michigan Central, ($7,463,489).
100
•
1883
May & Nov.
283,000
2,622,000
642,000
'169,500
Jan. <fe July 1875
M’ch & Sep 1881
Jan. & July 1871
*
100
1,000,000
,
Mich. 8. A N. Indiana: ($8,537,175)
1,500,000
600,000
•
1873
1,294,000
1st
2d
«...
903,000 7 May & Nov. 1872
7 Jan. & July 1869
1,938,000
1,100,000 Loan Bonds
400,000 Loan Bdlids
1st Mortgage (P.& K.RR.) Bonds..
2d
do
(
do
) Bonds..
July 1875
106
1,000,000
...
Ap’l & Oct. 1904
Jan. &
....
500,000 6 Jan. & July 1870
270,500
500,000
...
1870
1861
1862
800,000 6
230.000 6
260,000 6
1st
J’ne & Dec. 1876
Sep 1878
96
1874
960,000
Memphis A Charleston:
Mortgage bonds
Cumberland Valley ($270,500):
Mortgage Bonds
Dayton and Michigan ($3,782,430):
1st Mortgage
1882
Sinking F’nd do
250,000
105
1873
1,300,000
Mortgage
103
April & Oct
July
Maine Central: ($2,733,800)
Jan. & July 1885
do
1886
103
1870
do
1,465,000
.*
Mortgage
90*
°
do"
800,000
McGregoi' Western:
1st
78
103
1875
1890
8 Jan. &
..
95
U
•In
1876
do
500,000
Memphis Branch Mortgage
Marietta A Cincinnati ($3,688,385):
Mortgage,
ito and Hocking Valley mort
Cleveland and Toledo ($2,746,280):
.
1870
1875
7
Extension Bonds
)
Louisville and Nashville ($3,297,000):
1st
1st
do
187,000
.
-Mortgage
iy
..
640,000 7 May & Nov. 1881
:
Long Island ($932,000):
July! 1890
1869
1869
1885
1875
1867
•
•
600,000 7 Jan. & July 1866
Little Miami ($1,400,000):
1st Mortgage
Little Schuylkill ($960,000):
1st Mortgage, sinking fund
May & Nov 1893
475,000
July 1877
:b. & j
do
ae & I
364,000 10
Lehigh Valley ($1,477,000):
1st Mortgage
18S5
....
600,000 7 Jan. & July 1866
Kennebec ana Portland ($1'280,000):
1st Mortgage
2d
do
3d
do
La Crosse A Milwaukee ($1,903,000):
1st Mortgage, Eastern Division....
do
2d
do
May & Nov 1880
1,300,000
58*
89
....
7
Mortgage
1st mortgage...'
....
7
-
Joliet and Chicago ($500,0001:
1st Mortgage, sinking fund
Joliet and N. Indiana ($800,000):
!
July 1898
6,000,000
Mortgage
Jeffersonville ($621,000):
73
....
71* 72*
:
Mortgage
Jan. & July 1870
do
1896
Jan. &
6,837,000
2,896,500
2,563,000
Indianapolis and Cine. ($1,362,284)
1st Mortgage
Indianapolis A Madison ($640,000):
U8S3
...
95
1876
600,000
600,000
do
..
112
in
99
100
1868
1888
1893
do
523,000
,
do
....
1876
1,087,500
1,000,000
192,000
Mortgage, convertible
92*
1883
2d
do
Indiana Central ($1,254,500):
1st Mortgage, (interest ceased)
2d
do
Feb. & Aug 1873
M*ch & Sep 1864
do
1875
je
Glev.,Pain. A Ashtabula ($1,500,000):
1st
do
1,907,000
Illinois Central ($13,231,000):
Sep {1890
Jan. &
& ~ '
927,000
do
2d
Ap’l & Oct. 1895
850,000
re
2d Mortgage
3d
do
convertible
4th
do
”
3,890,000
110,000
sinking fund
103
97*
1883
Huntingdon A Broad Top($l,436,082):
1st Mortgage
1st
519,000
1,397.000
do
do
Convertible
July '75-’80
2,000,000
Mortgage (consolidated)
2d
3d
1st
1st
2d
3d
Rlinois and Southern Iowa
2.400.000
Chicago and Milwaukee ($2,000,000)
1st Mo
April & Oct
191,000
Sterling
Redemption bonds.
Jan. &
680,000
Mortgage
($7,762,840):
Mortgage
.......
fund
99*
July 1870
Jan..&
Hudson River
Aug 1870
May & Nov. 1875
5,600,000
1st Mortgage
Cleveland
1st Mort;
Aug 1882
May & Nov. 1875
700,000
Mortgage
do
sinking
Housatonic ($191,000):
Feb. &
1,100,000
Mortgage (Skg Fund), pref....
1st
1st
2d
101
;oo
1881
1883
New Dollar Bonds
96
4 v v
....
Feb. &
u.
.
1870
8,487,750
633,600
Harrisburg A Lancaster ($700,000):
95
July
Jan. &
1,000,000
1,360,000
Hartford A New Haven ($927,000):
1st Mortgage
:
Hartf., Prov. A FishkiU ($1,936,940):
*
1883
April & Oct 1880
June & Dec 1888
M’ch & Sep 1875
927,000
Mortgage
1882
600,000
Mortgage (S. F.)
($927,000):
Convertible Bonds
...
do
926,500
Great Western, 111. ($2,350,000):
1st Mortgage West. Division
do
East.
do
2nd do
do
do
*
Hannibal A St. Joseph ($7,177,600):
Land Grant Mortgage
95
....
May & Nov. 1876
M’ch & Sep 1879
6,000,000
4,441,600
convertible
do
Grand Junction
Feb. & Aug 1865
1865
do
1889
do
Chicago and Alton ($3,619,000):
do
do
do
July 1S73
8,000,000
4,000,000
convertible
84
Aug 1874
Jan. &
8,816,582
Sterling convertible
($149,000) :
149,000
Mortgage
Gal. A Chic. U. (incl. in C. A N. W.):
1st Mortgage, sinking fund
1,968,000
2d
do
do
1,086,000
7,336,000
1,500,000
Bonds
Mortgage Bonds
Trust
,
do
4th
6th
Jan. & July|’70-'79
do
1870
of Cal. ($8,836,000);
do
do
3d
460,000 7 {Feb. & Aug 1890
800,000 7 {Mav & Nov 1890
M’ch & Sep 1865
800,000
Cheshire ($600,000):
1st
let
2d
1st
2d
....
1872
July
1,000,000
Mortgage
($22,370,982):
Mortgage
....
82
698,000 7. Ap’l & Oct. 1888
Williamsport ($1,570,000):
1st
do
Convertible
1st
1,700,000 6 {Feb. & Aug 11883
867,000 6 May & Nov. 1889
4,269,400 6 i J’ne & Dec. 1893
909.000
Central Pacific
Pennsylvania ($598,000) :
Erie Railway
500,000 7 {Ap’l & Oct. 1866
400,000 7 iJan. & July; 1870
Mortgage
do
do
739,200;
Sinking Fund Bonds
Elmira A
Ja Ap JuOc 1867
Jan. & July 1875
do
: 1880
2,000,000 7 ' J’ne & Dec. 1877
380,000 7 .May & Nov 1872
141,000
Mortgage
Central Ohio ($3.673,000):
1st
1st
2d
East
420,000
....
1863
1894
Jan. &
Feb. &
660,000
do
ao
Jan. & July
do
300,000
2d section
do
Eastern, Mass. ($1,798,600):
Mortgage, convertible
400,000 6 Jan. & July 1879
Catawissa ($141,000):
1st
75
490.000 7 {Jan. & July 1873
493,000 7 Ap’l & Oct. 1879
Mortgage
Central of New Jersey
Aug 1876
....
1st Mortgage
let
2d
150,000
200,000
Mortgage Bonds
Buffalo, N. Y. and Erie ($2,395,000):
Camden and
Feb. &
Erie and Northeast
do
Boston and Lowell
784,000
Mortgage, 1st section
1st
1st
SO
1866
1S78
May & Nov.
1875
1864
ubuque and Sioux City ($900,000):
700,000
2,500,000 6 Ap'l & Oct. 1885
do
let
Ap’l & Oct.
do
1st Mortgage
80
1895
1,128,500
Belvidere Delaware ($2,193,000) :
1st Mort. (guar. C. and A
2d Mort.
8d Mort.
do
1855
Bdlefontalne ($1,745,000):
let Mortgage
2d
May & Nov.
X}
Im
E2, Bid.
1,000,000
Detroit, Monroe A Toledo ($734,000):
80
Ap’l & Oct. 11884
1850
1853
do
do
do
do
Payable.
$2,500,000
■eg,
a y
Railroad:
Railroad t
ilexandria and Fredericksburg:
do
ing.
name
FRIDAY.
IS
Amount
outstand¬
N.
-d
Payable.
ing.
INTEREST.
DESCRIPTION.
33
at
April & Oct 1893
do
....
...
lio" iir
96
90
96
90
108
....
98
92
8)
6)
....
1883
(
fund
•
•
•
•
739
THE CHRONICLE.
8,1866.]
December
V5=
RAILROAD, CANAL AND MISCELLANEOUS
INTEREST.
| Amount
f<
placed after the name of outetanding.
Company show the total Funded
Description.
'
Description.
T3
T3
Debt.
sums placed after the name of outetand*
ing.
Company shows the total Funded
3
Debt.
*
300,000
(assumed debts)
Bonds of August, 1859, convert..
Sink. Fund B’ds
Bonds of 1865
New York and Harlem ($6,098,045)
1st General Mortgage
Nxork and New Haven ($2,000,000)
Mortgage Bonds
—
Boston ($232,000):
Northern Central ($5,211,244);
State Loans.......
Sinking Fund....
($151,400)
Northern New Hampshire
Plain Bonds
North Carolina:
Mortgage Bonds
Chattel Mortgage
borth- Western Virginia :
1st Mortgage (guar, by Baltimore)
2d
do
(guar, by B. A O. RR
3d
do
do
(do
do
3d
(not guaranteed)....
do
borwich and Worcester ($580,000) .*
General Mortgage
Steamboat Mortgage
Ogdensburg andL.G%am.($l,494,000)
1st Mortgage
Ohio and Mississippi ($3,650,000):
1st Mortgage
2d
do
( W.D.)
Oswego A Rome ($350,000).
1st Mortgage (guar. byB. W. A O.
Feb. A
Aug
140,000
Jan. &
July
6,917,598
2,925,000
165,000
663,000
1,398,000
604,000
1,088,000
1,000,000
Mortgage, guar, by Mo.
do
Feb. A Aug
do
do
W.):
....
91
July
July
April & Oct
1880
1887
1,500,000
1,000,000
Jan. & July
do
do
500,000
500,000
100,000
do
Jan. A
July
92
•
• •
•
2d
3d
1886
1885
1,494,000
do
...
May A Nov.
1st
2d
do
1st
July
Jan. &
Mortgage
Vermont and Massachusetts /
1916
Jan. A
Vermont Central ($8,500,000) :
99*
1874
350,000
July
aranteed)
delphia ($962,300)
1st Mortgage (convert.) Coupon .
2d
do
registered
Western (Mass.) (6,269,520):
Sterling (£899,900) Bonds.
1st
Westchester
....
....
2,283,840
sterling :
Central ($575,000):
575,000
..
do
5,200,000
5,160,000
2,000,000
200,000
1,000,000
500,000
Convertible Bonds
Reading and Columbia:
1st Mortgage
Rensselaer <ft Saratoga consolidated:
1st Mort. Rensselaer A Saratoga .
1st Mort. Saratoga A Whitehall....
1st Mort. .Troy, 3. & Rut. (guar.) .
R. Water, and Ogdens. ($1,60 <,908) :
1st Mortgage (Potsdam AWatert.)
2d
do
(Watertown A Rome)
Rrutlandand Burlington ($3,257,472);
1st Mortgage
2d
do
Sacramento Valley:
....
Dollar Bonds
1875
1872
Western Maryland :
1st
do
, guar
ork A Cumberland
81* 81*
1st
2d
July 1880 102* 305
97*
April & Oct 1875 97
1875
do
July 1876
•
Jan. & July
do
April A Oct
Jan. & July
do
do
do
do
June & Dec
1867
•
700,000
Feb. *
200,000
Cent.):
•
*
.TI
94
1480,000
Jan. &
July 1870
1,391,000
June * Dec
1894
900,000
2,600,000
1,000,000
1,600,000
162,356
600,000
Feb. & Aug
do
1866
1884
1875
1876
1865
1874
Sep.
1882
Jan. & July
do
1863
1867
June & Dec
Jan. & July
1861
1867
Mar. &
120
121
37
41
July 1883
May & Nov 1876 103*
Jan. A
600,000
Feb. &
399,300
654,908
Jan. &
4,319,520
850,000
Aug
1875
July 1873
April & Oct 1878
April & Oct
do
’68-’71
1875
1890
696,000
200,000
Jan. &
do
175,000
26,000
600,000
May & Nov 1870
Jan. A July 1871
.
uly
1890
96
1877
do
Jan. A
2,000,000
4,876,000
1,699,600
Ja
July
1886
Ap JuOc 1870
1890
1885
do
Jan. A
July 1878
Mch A
Sept
1870
762,000
161,000
Jan. A July
do
1865
1668
414,168
2,667,276
i
Loan of 1871.
Loan of 1884
Mch A Sept
do
1870
1884
Jan. A
750,000
York :
1st Mortgage (North Branch).
st
& zhuylkill Navigationj
1st
....
do
April A Oct 1876
590,000
May A Nov.
686,500
*
iisguehanna and Tide- Water:
6
1,764,330
8 980,670
Improvement
88
•
Mortgage
2d
Mch A
Jan. A
Sept 1872
July 1882
May A Noy. 1870
Jan. A July
do
do
1865
1878
1864
May A Nov.
1883
450,000
Jan. A
July
1878
750,000
Jan. A
July
1878
1,000,000
....
1,100,000
325,000
Jan. A
July 1886
Jan. A
July
1884
Jan. &
July
April A Oci
13*8 .
600,000
Jan. A
July
1881
600 000
Feb. A Aug
3871
500,000
500,000
i.
June A Dec
Tau. A July
1878
1879
2,000,0091 7 Olay A Nov.
lb$7
1.000,000
'
1st
ri(Pa.):
Mortgage
1st
Mortj
l
....
}
July 1875
Mch A Sept 1888
1888
do
1876
do
P
to:
Wng
>rtgage
cellaneons
mlW<
!!."
800,000
Mch A
Sept 1879
....
400,000
840,000
500,000
May A Nov. 1890
1890
do
1880
....
800,000
800,000
Jun. A Dec. 1874
Mch & Sept 1880
1,800,000
987,600
Feb. A Aug 1863
do
1863
c
....
do
,...
Bonds
1st Mo:
Mining:
ortgage;
a
M
1st:
2d
1,500,000
2,000,000
do
**
M
~
....
....
400,000 10 Jan. & July 1875
•
•
•
1st
2d
52
....
•
1st Mort
P)mn
1st
1 24*
123
t
a
Mortgage
do
H
lit Mortgage cony
h:
bit.
66
1876
2,500,000
Maryland Loan
Coupon Bonds
Priority Bonds,
98
July 1876
182,000
Mortgage Bonds
rtgage
1 \nn
nsylvania A New
1890
829,000110 Feb. & Aug
75
75
Jan. * July 188r?
Apr. & Oct. 1885
May & Nov. 1875
641,000
je, sinking fund.
‘Pennsylvania:
Mortgage Bonds....
Mortgage Bonds
Feb. A Aug 1881
1881
do
1881
do
do
Jan. * July
300,000
300,000
650,000
200,000
1 {orris.
1912
1884
1,000,900
250,000
140,000
May & Nov.
800,000
1st
Interest Bonds
104
Semi an’ally 1912 100
1912 96* 97*
do
Jan. A
1666
Sept
Hudson:
J
....
1884
1,438,000
April & Oct 1876
2,356,609
fortgage Bonds..*..
1st
*elat
Mo
94"
Aug 1889
Jan. A July
1871
Mch &
1
April A Oct
July
....
May A Nov. 1868
Feb. A
Jan. &
Canal
Preferred Bonds
*
July
Jan. & July 1866
68-74
Various.
60,000
take and Delaware :
...
(land Loan guaranteed
...
ing Bonds,
1867
1880
1870
95~
1871
1880
1880
f
1886 110
1886
Jan. A
Aug 1872
....
July 1865
Jan. A
forth.
...
Mortgage
1st
April & Oct 1877
April & Oct 1881
April A Oct 1901
teed...
do
Guaranteed (Baltimore) Bonds.
Jan. &
Jan. A
Mortgage
1st
Sept 1884
Mch A
1875
550,600
Mortgage
Verm. Cen. A Verm. A Can. Bonds
Warren ($600,000)
April A Oct 1870
do
Feb A Aug
Jaly
2,000,000
1,500,000
do
do
July 1872
Jan. A
Jan. &
1,290,000
600,000
180,000
;
Troy Union ($680,000) :
Mortgage Bonds
1874
April A Oct 1869
h
do
do
Convertible
•
Feb. A Aug 1870
2,900,000
760,000
Sinking Fund Bonds (T. W. &
Equipment bonds
Troy and Boston ($1,452,000) ;
1st Mortgage
93
116
1873
300,000
1900
3875
1,400,000
&
100
84
71
July 1S92
May & Nov
1st Mortgage
;
Terre Haute A Lndianapoiis{$Qtofffl!i):
1st Mortgage, convertible
Third Avenue (N. Y.):
1st Mortgage
Toledo, Peoria and Warsaw
1873
2,500,000
360,000
Jan. &
2,621,000
let Mortgage
Racine and Mississippi (W. Union):
1st Mortgage. ..
Raritan and Delaware Bay:
ndDelai
1st Mortgage, sinking fund
2d
do
L
....
1896
50,000
Feb. * Aug
1st Moi
Toledo Wabash and West ($6,653,868):
1st Mort. (Toledo & Wabash)
1st do
extended)
^oledo and Wabash)
do
2d
"abash and Western
2d
do
ov
...
Mar. A Sep.
Quincy and Toledo:
do
Mortgage
Syra. Bing. andN. Y. ($1,695,191):
April A Oct
4,980,000
nttsburg and Steubenville:
let Mortgage
Mortgage
1st
93
Jan. &
2,000,000
1,070,000
Sterling Loan
95
1894
1894
600,000
Domestic Bonds
Staten Island:
...
April A Oct
Jan. A
800,000
c
($791,597) :
South Carolina:
101
98
do
July
July
1,029,000
Mortgage
Pb'g, Ft. W. and Chic.: ($12,573,500)
2d
-
...
Jan. A
Jan. A
Philadelphia and Erie ($13,000,000):
1,000,000
1st Mortgage (Sunbury & Erie)...
5,000,000
1st
do
(general)
4,000,000
do
2d
(general)]
PhUadel., Oermant. A Norristown ?
183,000
Convertible Loan
Philadelphia A Reading ($6,900,663):
408,000
Sterling Bonds of 1836
182,400
do
do
do
2,856,600
Dollar Bonds of 1849
106,000
do
do
1861
1,521,000
do
do
1843-4-8-9......
976,800
Sterling Bonds of 1843
564,000
Dollar Bonds, convertible
60,000
Lebanon Valley Bonds, convertible
Philadelphia ana Trenton ($200,000):
200,000
1st Mortgage
PhUadel., filming. A Baltimore:
616,000
Mortgage Loan
Pittsburg and Connellsville :
400,000
1st Mort. (Turtle Cr. Div.)
1st
1-
1894
7 April*Oct.
7 ’
Sandusky. Mansfield and Newark :
1st Mortgage
Second Avenue:
1st Mortgage
*
ShamoUn V. A Pottsville
May & Nov.
981,000
201,600
IstMortgage
100
May A Nov
Feb. ArAug
1,500,000
2,500,000
1,150,000
.......
92
106
108
109
8
Aug ’73-’78
do
Pennsylvania ($16,750,124):
2d
93
93
...
Semi an’ally
do
1,700,000
do
2d
92
May & Nov
Feb. A
do
mortgage.
94
June A Dec
2,200,001
2,800,000
Sandusky and Cincinnati:
1st Mortgage (extended)
...
232,000
416,000
846,000
sterling
1st Mortgage
2d
do
3d
do
Akron Branch: 1st
..
May A Nov
149.400
*
,
Pacific, (8. W Branch):
Peninsula {Chic. A N.
!
■
St. Louis, Alton A T. H. ($6,700,000):
1st Mortgage
2d Mortage preferred
2d
do
income
*
St. Louis, Jacksonville db Chicago:
1st Mortgage
2d
do
St. Paul A Paiific of Minn : 4
*
1st Mortgage (tax free)
;
...
1,139,000
1st Mortgage
%
July
485,000
1861
1SC8
225,000
Oswego ana Syracuse ($311,600):
1st Mortgage
2d
do
2d
do
,
PhUa. and Balt.
1st Mortgage
Jan. A
339,000
Mortgage Loan
North Missouri:
1st General Mortgage ($6,000,000)
North Pennsylvania ($3,105,786).*
1st
$500,000
1,000,000
Mortgage
Panama:
1st Mortgage,
1st
do
do
2d
450,000
200,000
M’ch A
Jan. A Ju
3,000,000
1,000,000
Consolidated Mortgage
2d Mortgage
Jan. & July 1876
•
Feiry Bonds of 1853
New London Northern ($140,000));
1st General Mortgage
New York Central ($14,627,443) :
Premium Sinking Fund Bonds ..
Bonds of October, 1863 (renewal)
Real Estate Bonds
Subscrip. Bonds (assumed stocks)
N: Y.Prov. and
1st Mortgage
it
Railroad:
New Haven A N. London ($766,000):
1st Mortgage
3d
do
N. Haven A Northampton ($650,000).’
1st Mortgage
New Jersey ($805,000):
Mortgage Bonds
Payable.
^
Railroad:
Naugatuck ($300,000):
1st Mortgage (convertible)
3d
ti
Amount
The
M
<3
Payable.
TSXDA.T
INTEREST.
FRIDAY
1,
Cj
The sums
BOND LIST (continued).
82*
88
•
• • •
66*
RAILROAD, CANAL,
Companies.
AND MISCELLANEOUS
out¬
roads,
Periods.
standing.
|Last p’d
Marked thus (*) are leased roads,
standing.
and have fixed incomes. — .
[Bid. Ask
60
50
BostonlOO
100
.100
50
100
50
Norwich and Worcester.... —100
Ogdensburg So L. Champlain.. .100
New York and Harlem
do
Dreferred
New York Proviaence So
Ninth Avenue
Northern of N ew Hampshire..
Northern Central
North Missouri
North Pennsylvania
Oct...l*
153,000
100 11,522,150 Quarterly.
50 1,919,000
do
preferred
50 2.494.900
Atlantic So St. Lawrence*
100 13,188,902 April and Oct Oct...4
Baltimore and Ohio
100
April and Oct Oct...5
Washington Branch*.. .100 1,050,000 Feb. and Aug Feb..3
4.434.250
Bellefontaine Line
100 997,112
Belvidere, Delaware.
100 600,000 Quarter^. yet.AX
Berkshire*
100 250,000 June & Dec. June .2%
50
Blossburg and Coming*.
Boston, Hartford and Erie
100 8,500,000 Jan. and July July. .4
1,830,000
Alton and St Louis*
Atlantic & Great Western
500
100
100
100
1 0
Brooklyn Central
100
Brooklyn City..
10
Brooklyn City and Newtown.. .100
Buffalo, New Yori^ and Erie*. .100
Buffalo and State Line
100
O&mden and Amboy
100
50
Camden and Atlantic
and Lowell
and Maine
and Providence
and Worcecter
Broadway & 7th Avenue
Boston
Boston
Boston
Boston
2,100,000
492.150
Catawissa*
preferred
preferred... .100
Chicago Burlington and Quincy.100
Chicago and Great Eastern
100 4,390,000
1,000,000
Chicago, Iowa and Nebraska*.. .100
2,250,000
do
Chicago and
Chicago and
Milwaukee*
Northwestern
100
13,160,921
12,994.719
100
pref. .100
do
do
3%
Jan. and July July. .3*
Feb. & Aug. Aug. .5
130* 130*
Feb. and Aug Aug..5
681,665 Jan. and July July .3*
1,150.000
28)4 28*
2,200,003 Feb. & Aug
130
10,685,940 Quarterly. Oct.. .2% 64
2,085,925 Jau. and July July. .2% 108
109”
1,783,200 Mar and Sep Sep.. .5 109 111*
2.425.400 Mar and Sep. Sep.. .5
131
10,193,010 May & Nov. Nov. 5
35’ 35
100
Chicago and Alton
146*
682,600
100
100
Central of New Jersey
Cheshire (preferred)
Feb. and Aug Ang..
12
378,455
60
50
50
Cape Cod
Jan. and July -July. .5
Jan. and July July. .5
Jan. and July -July. .5
Jan. and July July..5
1,000,000
366,000
850,000
2,200,000
4.5 *3,800
preferred.. 50
do
do
4,076,974
3,160,000
4,500,000
Jan and
July Inly. .5
51X
June <fe Dec. Dec. ’66.7
6,500.000 April and Oct
Oct...5
51*
69 X
70
103* 103*
Chicago, Rock Island So Pacific.100
Cincinnati and Chicago Air LinelOO 1,100,125
Apr and Opt. Oct...5
Cincinnati, Hamilton & Dayton.100 3,000,000
470,000
Cincinnati,Hamilton & Chicago.100
I0J
111
Cincinnati and Zanesville....... 100 2,000,000 Feb. and Aue Aug. .4
Cleveland, Columbus, & Cincin.100 6,000,000 May So
Nov. Nov. .4
1,036,000
50
Cleveland & Mahoning*
Jan. and July July.. 5
Cleveland, Painesrille So Ashta.100 5,000,000 Jan. and July Jan. ’65 5 *3* 83*
Cleveland and Pittsburg
50 5,403,910 April and O'ct Oct...8 "!-2 112*
Cleveland and Toledo...
50 4,841,600 Quarterly. Oct... 2*
Columbus So Indianapolis Cent.100
Jan. and July July. .5
Columbus and Xenia*
50 ‘i.490,800 ay
Nov 4
Concord
50 1.500.000 Jan. and N ov July.. 3*
and July
Concord and Portsmouth
100 350,000
Coney Island and Brooklyn
100 500,009 Jan. and July July. .3
Con’ticut and Passumpsic.pref.100 1,514,300 Jan. and July July.. 4
Connecticut River .
100 1,591,100
Covington and Lexington
100 1,582,169
2,384,931
Dayton and Michigan
406,132 Jan. and July Jan.. .3
145
10,247,050 Tan. and July July. .5
Delaware, Lacka., So Western .. 50
1,550,050
Des Moines Valley
100
Detroit and Milwaukee
100 952,350
pref.
do
do
March
Jan. and
Mar 7s..
pref... 100 5,253,83f
Haven
100 3,000,000
do
do
Housatonic
do
Hudson
preferred
River,
.i
100
820.00C.
Vermont and Canada*
Vermont and Massachusetts...
Warren*
Western (Mass)
Western Union (Wis. So Ill.)
Worcester and Nashua.*.
100 1,180,000 May and Nov
100 6.563.250 April and Oct
111
Huntingdon and Broad Top *... 50
do
do
pref. 50
120* 120*
494,380
117*
87*
Feb. and Aug Aug. .5
Mar.
Sep. Sen .4
Jan. and July July.. 3
Jan. aud'Jhly July. .4
“
50 1,997,309
Oct. '.AX
Chicago*
—100 1,500,000 Quarterly.
Kennebec and Portland (new).. 100
835,000
Lackawanna and Bloomsburg.. 50
600,000.
do
do pref. 50
Oct...2*
Lehigh Valley
50 6,632,250 Feb. and Ang Aug... 2
Lexington and Frankfort
Little Miami—
kittle
Schuylkill*
50
Juneand Dec Dec. .4
2,646,100 Jan. and July July.. 2
Aug. .2
1,852,715
1,109,591 Feb. and Aug Aug. .2
5,527,871 Feb. and Aug Ang..3#
2,800,000
50
50
50
100
Island
Loatsville and Frankfort
Louisville and Nashville
Louisville,New Albany So Chic. 100
100 1,500,000 Apr and Oct April.3
Macon and Western
kong
.100 1,600,000 May and Nov
75 1,141,650
Jan. and
1,575,963
8,228,595
5,104,050
10 1,025.000
June
Central
Cumberland
Citizens
Harlem
Feb. and Aug Aug.. 3
Feb. and Aug Aug. .8
Feb. and Aug Aug.10
May and Nov Nov. .5
Feb. and Aug Aug. .5
Feb. and Aug Ang..5
1.250. on:
25 2,000,000
20 1,000,000
644,000
50
New York
Feb. and Aug
Feb. and Aug
Jan. and July
'.
Williamsburg
5
Cary (Boston)
79*
70*
100
98
54
68
116
81*
125
Merchants’ Union
United States
65
46
68
55
70
154
75
64*
61
Ang.....
Ang....
July. .4
150*
124
144
148
260*
46
80*
Jan. and July July...
Jan. and July Jan. 2.
46*
97
46*
97*
75
75
SO
Quarterly.
Quarterly. Aug. 3.
Quarterly. Aug. 3.
Quarterly. Aug. 8.
100 10,000,000
100 4,000,000
Wells, Fargo & Co
Transit.—Central American
.Nicaragua
Steamshij).—At]antic Mail
Pacific Mail
Union Navigation
54*
30*
10.000,000
500 3,000,000
100 20,000,000
100 6,000,000
American
.
100 1,000,000
100 4,000,000
100 20,000,000
100 2,000,000
25
Quarterly.
Quarterly.
Quarterly.
Trust.—Farmers’ Loan So Trust. 25 1,000,000 Jan. and July
New York Life So Trust.... 100 1,000,000 Feb. and Am?
Union Trust
100 1,000,000 Jan. and July
United States Trust ....
100 1,000,000 Jan. and July
Mining.—Mariposa Gold
100
Mariposa Gold Preferred.. .100
aoxjj
54*
45*
100
Express.—Adams
1?0
110*
100
r
26*
34*
14*
14
300,000
12,000,001*
United States
100 3,000,000
Western Union
100 28,450,000
Western Union,Russ. Ex.. 100 10,000,000
Telegraph.—American
115
90
July 20
100 4,000,000
100 1,000.000
Boston Water Power
Brunswick City
56*
25*
24*
50 4,000,000 Jan. and July July. .5
100 2,800,000
50 1,000,000 May and Nov May....
750.000 Jan. and July July.. 5
50
Improvement.—Canton 100. (16J pci) 4,500,000
iii*
87
20 1,000,000
boken
Metropolitan
39
22
67
155
56*
5,000,000
100
Manhattan
36
9
5,312,725
110
6,9 42,866 Jan. and July July. 5
79
9,381,800 Feb. and Ang Aug.. 3*
1,089,700 Feb. and Aug Aug. .5
do
do
guaran.100
60
Milwaukee and Prairie Du ChienlOO 3,014,000 Feb. and
98
Aug Ang. .4
do
do
lstpref.100 3,082,000
97
Feb. and Aug Ang. .3)4
do
do
2d pref. 100 1,014,000
53*
Milwaukee and St. Paul
100 1,000,000 Feb. and
Ang Aug. S* 67)4
2,400,000
do
100
preferred
Jan. and July July. .4
Mine Hill & Schuylkill Haven.. 50 3,708,200
80
3,500,000 Feb. and Ang Aug 3%8.
Morris and Essex
50
600,009 May and Nov Nov. .4
Nashua and Lowell
100
Aug.. 7
100 1,100,000 Feb. and Aug June. 4
Naugatuck
500,000 June and Dec
New Bedford and Taunton
100
56*
150
Quarterly. Oct... 5
1,250,000 Jan. and July Jan..10
50
Jan...5
10 1,000,000 Jan. and July
Apr. and Oci
100 2,175,000
(Brooklyn)
Jersey City So H
100
Michigan Central
100
Michigan Southern and N. Ind..l00
June. 8
50 3,200,000
Pennsylvania
Spring Mountain.
Spruce Hill
Go#.—Brooklyn
Nov. .4
Jan...2
1,500,000 Feb. and Aug Aug.. 3*
2,000.000
6,000,00(
2,000,000 Jan. and July Jan...5
7 26
50
100
..100
100
Consolidation
1/8
88
59
July July.. 5J
317,050 January
preferred
100 1,175,000 Feb. and
Schuylkill Navigation (consol.). 50 1,908,207 Feb. and Aug Aug..6«.
Aug Aug..6
do
preferred. 50 2,888,805
Susquehanna and Tide-Water.. 50 2,051,000
50 2,787.000
Union
1,100,000 Jan. and July Jan... 5
West Branch and Susqnehanna.lOt
Sept.. 4
750,000 Quarterly.
Wyoming Valley
.. 50
7*
Memphis and Charleston
June and
do
.
733,538
New Haven, N. Lond., So Ston .100
Naw Haven and Northampton.. 100 1,010,000
New Jersey
50 5,000,000 Feb. and Aug Aug..5
700,000 Mar and Sep. Sep...4
New London Northern — .... 100
Hew York Ooetnl
100 24£91,OQO Feb. and Ang Aug..8
50
100
Wyoming Valley
30
June and Dec Dec ..3*
Jan. and July Jan ..4
100
Dec Dec...4
Jan. and July July..l* 67
1.408.300 Jan. and July July.. 3 145’
5.627.700 Jan. and July July. .5
50
Miscellaneous.
Coal.—American
42
72
Nov. 3*
.100 2,860,000
Wilkesbarre
McGregor Western*
100
Maine Ce itral
10C' 1,447,060
Marietta and Cincinnati
50 2,029,778
do
do
1st pref. 50 6,586,135 Mar. and Sep Sep.,3*
do
do
2d pref.. 50 4,051,744 Mar. and Sep Sep..3s
Manchester and Lawrence.....
274.400
811,660
100 2,860,000
Lehigh Navigation
Morris (consolidated)
514,646
50 3,572,400
41
50 1,633,350
100 10,000,000
,.100 2.298.400
Delaware Division
Delaware and Hudson
Delaware and Raritan
July July.. 6
Quarterly.
984,700 May and Nov
607,111
.25
25
Chesapeake and Delaware
Chesapeake and Ohio
93
Joliet and
Jan. and
Canal.
Ashburton
190,750 Jan. and July July. .3*
Central
100 23.374.400
Indianapolis and Cincinnati..., 50 1.689.900
Indianapolis and Madison
100 412,000
407,900
do
do
pref.. 100
Illinois
Jeffersonville
Oct...3
Nov. .4
Oct. .4
1,200,130
1.929.150
1,170,000
1,700,000
1,700,000
1,000,000
2,442,350
Wrightsville,York& Gettysb’g* 50
Quarterly.
Fee. and
Quarterly.
106’
90
Oct...3
795,360
Syracuse, Binghamton So N. Y.100
Terre Haute & Indianapolis.... 50
Third Avenue (N. Y.)..
100
Toledo, Peoria, and Warsaw.. .100
do
do ' lstpref.100
do
do
2d pref.100
Toledo, Wabash and Western.. 50
do
do preferred. 50
Troy and Boston
100
100
Troy and Greenbush*
Utica and Black River
100
July July. .4
July
Aug Aug.. 2%
28*
Jan. and
Elmira and Williamsport*
50 500,000 Jan. and July July.. 3* 42
July
do
do
pref... 50
71
71*
Feb.. 4
So
Erie
100 16,570,10(1 Feb. & Aug. Feb. .3* 83
84*
Feb.
Aug.
8,535.700
do preferred—:
. ..10o
600,000 Feb. & Aug. Ang. .5
Erie and Northeast*
50
Jan. and
3 114*
Fitchburg
100 8,540,000 May and July July...3%
Nov Nov.
4,366.800
56”
Georgia
100 l,900,00u
100
Hannibal and St. Joseph
64
Hartford and New
Quarterly.
117* 118
100 5,819,275
South Carolina
100 1,500,000
Sioux City—.. .100 1,673,641
do
pref.. ..100 1,987,351
do
Eastern, (Mass)
100 3,155,000
Eighth Avenue, N. Y*
100 1,000,000
500,000
Elmira, Jefferson, & CanandagualOO
500.000
May. 6
5,000,000 Irregular.
5,085,050 Jan. and July July. .4
1,500,000 Jan. and July July. .4
1,755,281
Ask
Last p’d. Bid.
Periods.
103*
3,068,400 May and Nov Nov..4
4.518.900 Quarterly. Oct...2
2.469,307
37
39
3.150.150
2,363,600 Jan. and July July. .5
75”
3,077,000
356.400 Apr. and Oct Oct...4
do
preferred.100
28* 28*
Ohio and Mississippi.
100 19,822,85L Jann
Jan ..7
79*
lary.
2,950,500
do
preferred.. 100
103”
id
Jan. and Jul] July. .4
Old Colony and Newport
100 4,8:9,760 Feb. and duly Aug..4
Aug
482.400
Oswego and Syracuse
i. 50
Pacific of Missouri
100 3,581,598 Quarterly. Oct...6 260
7,000.000
Panama (and Steamship)
100 20,000. UUU May and Nov Nov. .4
54* 54*
Pennsylvania
50 218,100
Philadelphia and BaltimoreCentlOO
31* 81*
Jan...3
5,069,450 Jan. and
Philadelphia and Erie*
50 20,240,673 Jan.and July July..5 130* no*
July
60
Philadelphia and Reading ..— 60
Apr. and Oct Oct...5
116
Phila., Germant’n, & Norrist’n* 50 1.476.300
Oct...6
317”
uarierly.
Phila., Wilmington So Baltimore 50 8.973.300
1,774,623
Pittsbnrg and Connellsville
50
Quarterly. Oct. ..2* 104* 104*
103
Pittsburg, Ft. Wayne & ChicagolOO 9,312,442 June and Dec June.3
1,500,000
Portland, Saco, & Portsmouth. 100
1,700,000 Jan. and July July. .4
Providence and Worcester
100
Raritan and Delaware Bay
100 2.520.700
800,000 April and Oct Oct...4*
Rensselaer So Saratoga consol.. 100
Oct ..3
Saratoga and Whitehall
100 500,000 April and Oct Oct.. .8
April and Oct
Troy, Salem & Rutland
100 800,000 Jan. and July July. .5
Rome, Watertown So Ogdensb’glOO 1.991.900
Rutland and Burlington
100 2,233,370
87* 37*
St. Louis, Alton, & Terre HautelOO 2.300,000
May. .7
68*
do
do ' pref. 100 1,700,000 Annually.
St. Louis, Jacksonville & Chic*lC0
Sandusky, and Cincinnati
100 2,989.090 Feb. and Ang Ang. .3
393,073
pref.100
do
do
862,571
Sandusky, Mansfield & NewarklOO
Saratoga and Hudson River.... 100 1,020,(K)0 Jan. and July July.. 2*
Schuylkill Valley*
50 576,050
and Oct
Second Avenue (N. Y.)
100 650,000 Apr. and Aug Aug. .2
869,450 Feb.
Shamokin Valley So Pottsville*. 50
Sixth Avenue (1^. Y.)
•.
100 750,000 Quarterly.
100
Dubnque and
100
and New Haven
TBID.-
Dividend.
Stock
out¬
New York
Railroad.
STOCK LIST.
Companies.
ntXDAT.
Dividend.
Stock
Marked thus (*) are leased
and have fixed incomes.
do
[December 8, 1866.
THE CHRONICLE.
740
uartzHill Gold...
nicksiiver
tland Marble
Smitb So Parmeiee Gold..
25
100
,.
103* i04
Dec... 6
Dec...5
July..4
Ang....
July .4
July 5
5,097,600
5.774.400
1,000,000
10,000,000 Jan. and July Jan.. 6
1,000,000 MayandNov. Nov 6
25
SO 7,500,000
171
100
180
*
171*
110
165”
150
13
31
31*
44
.
12*
44*
December 8,
CHRONICLE.
THE
1866.]
INSURANCE STOCK LIST.
PETROLEUM STOCK LIST.
Bid. Askd
COMPANIES.
Allen Wright
Bemis Heights
par
Bennehoff Ron
Bergen Coal and
Oil
Hammond
■
10
5
10
.
....
4 0C
10
Brevoort
Brooklyn
5
Bradley Oil
.
.
.
25
1 35
75
2
2
....
Empire City....
-
•
•
•
25
....
.
....
....
....
.
.
“i2
.
Commerce
.paid 3
Adventure
ACtna
.
Arnold
1
•
•
•
.
•
•
17%
.
.
.
.
.
....
....
•
55
.
4 25
.
24% 47 50
,
.
"
20%
.
.
.
75
»
•
•
•
.
1%
1%
3%
4
•
1
.
.
.
.
.
10
•
•
1
Evergreen Bluff..
5%
•
.
.
6%
Ridge
2%
1%
%
5
Knowlton
....
.
.
•
„
.
•
•
...
....
....
....
.
.
.
.
.
.
.
•
-
.
-
•
-
•
*
.
....
•
.
.8
...
Winthrop
•
4%
•
50
.
•
,
.
,
.
.
1 75
....
Capital $1,000,000, in 20,000 shares.
t Capital $500,000, in 100,000 shares.
Capital $200,000, tn 20,000 shares.
Capital of Lake Superior companies generally $500,000, in 20,000 shares.
Alpine
American Flag
Atlantic & Pacific
Bates & Baxter
Benton
Boh Tail
50
5
.
,
....
—
.
....
2 45
80
10
.
,
2 00
—
.
...
2 is
3 75
10
.
Boscobel Silver
Bullion Consolidated....
Burroughs.
10
par
Bid. Askd
40
50
50
00
50
CO
Hiawatha
Hibbard
Holman
50
55
1
2
4
3
1
3
1
2
LaCrosse
Liberty
—
—
2
22
Hope
25
85
Keystone Silver
Kip & Buell
—
Liebig”
9
85
....
30
1 00
9
1 OC
1 50
86
1 CO
—
2 70 Mill Creek
Church Union
29
35
Montana
5
Columbia G. & S
Montauk
—
Col. G.& S. Ore separating
10 1 25 1 75
20 New York
Consolidated Colorado.. —.■
10
11
—
Consolidated Gregory.. .100 10 35 10 45 Nye
60
—
25 2 60 8 65 Oak Hill
Corydon
45
50
25 Ohio & Colorado G.&S. —
Crozier...:
9
14 Ophir
1
—
Downieville
Pah Ranagat Cen. Silver — 2 60
10
Eagle
—
...
«
•
•
....
•
)
Phoenix t
311.976
50
244,066
173,691
154.206
20
Br’klyn. '50
998,687
188,170
50
457,252
208,969
100
Resolute*
Rutgers’
100
25
25
25
206.909
150,580
138,902
1,277,564
50
Standard
Star
50
100
Sterling *...;...
100
Stuyvesant
25
Tradesmen's
25
26
Washington
50
Washington *+.. ..1oo
Williamsburg City.50
Yonkers & N. Y.. 100
230,903
->
«
.
«
«
.
.....
►
„
•
w
-
*
‘
107
...»
•...
....
«...
,
....
,
,
....
•
.
....
.
.
.
•
• •
.
.
•
.
.
-
....
.
....
....
....
.
•
.
.
.
...
.....
.....
...
July ’66 .6
May
C
Ang ’66 ..5
July ’66 .5
July’65 ..6
July’66.8%
....
.
....
«...
....
....
.....
....
....
.
Julv'66 ..4
f
<
.
July’66
July'66
July’66
July ’66
Jnly ’65
July *66
July ’65
July ’65
.
.
150
Aug. ’66. .5
....
«...
....
....
,
.
•
167
..5
.5
.
..5
•
.6
.
•
•
•
....
«...
....
..5
.6
...
.
.6
.6
.
.
Feb.’65 ..5
Aug.’66.3%
Aug. ’66..5
Sep. ’66.. .4
....
•
.
.
•
.
...
•
.....
.
..
.
....
....
....
....
....
July ’66-.. 5
July ’65 ..4
July ’66 ..4
....
....
July ’66 ..5
July’66 ..5
Jnly’66 .5
•
-
•
.
Jan.’66..5
Julv ’66..5
•
.....
July ’66 5
July ’65 .5
....
•
•
*
•
....
....
......
....
•
.....
•
-
•
•
•
•
•
•
....
•
.
«
•
•
•
....
.
July ’66 ...6
July'66 4
July’66... 5
July’65 .10
....
do
do
Feb. and Ang.
Jan. and Jnly.
do
do
do
Feb. and Ang.
do
Jan. and July.
Feb. and Aug.
Jan. and Jnly.
do
217,S43
200,000 177,915
208,049 Feb. and Ang.
200,000
150.000
142,830 Jan. and July.
do
250,000 350,412
569,623 Feb. and Ang.
400,000
287,400 581,689 F°b. and Ang.
150,000 *151,539 Jan. and July.
do
550,301
500,000
July ’66..8
July ’66 ..6
July’65 ..5
July ’66 .6
Aug.’66... 6
July’66 ..5
July’66 ..5
Apr. ’66..4
July ’66 ..5
July’66 ..6
July’66 ..5
Aug. 66..4
....
....
•
•
,
L.
•
•
•
•»
«...
•
•
•
•
•
•
•
•
•
•
.
...
•
•
July ’65 ..5
July ’66 ..5
.
194,317
m •
....
Ang. ’66. .5
Jnly.
222.199 Feb. and Aug.
)
Jan. and July
> 1,175,565
do
)
601,701
)
385,489 April and Oct.
do
1
229,729
North American*. 50
North River
25
25
Pacific
Park
100
Peter Cooper
20
People’s
235,518
1
1
3 35
Niagara
•
....
v
228,644
1,192,303
150,646
216,184
..7)4
New Amsterdam.. 25
United States
50
211,178
1,322,469
National
Security *t
—
2
282.35
197.633
150,135
Metropolitan * +... 100
Montauk (B’!yn). ..50
Nassau (B’klyn)... 50
St. ^Mark’s
St. Nicholast
—
par
704,303
Mechanics (B’klyn) .60
100
Mercantile
Mercantile Mut’l*tl00
Merchants’
50
Republic*
STOCK LIST.
Companies.
Bid. Askd
Companies.
1,182,779
25
Manhattan
100
Market*
100
Meehan’ & Trade’. 25
Lorillard*
Reliei.
GOLD AND SILVER MINING
260,264
1
Long Island (B’kly).50
Equitable
....
•
\
Dec.’65...5
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Jan. and
346,426
129,644
100
25
N.Y.Fire and Mar.100
.
....
'
Knickerbocker.... 40
N. Y.
.
.
....
3 25
....
.
.
2 00
•
.
.
....
1 50
1 25
3 13
....
.
....
....
....
....
."... 30
....
....
-
....
.
....
1
25
Lafayette (B’kty)..
....
Aug. ’65. .4
do
1,024,762
do
195,571
245,984 March and Sep
359,721 Jan* and Jnly.
do
279,864
do
f
161,252
1
....
....
„
100
Lamar
Lenox
,
7 75
.
100
King’s Co’ty(Bklyn)20
.
.
.
.
indemnity
Jefferson
....
-
Import’ & Traders. 50
Irving
....
.
....
5
Keweenaw
•
....
)
)
50
100
Humboldt
International
•
....
'
19
10
33
Huron
Indiana
Isle Royale*......
•
....
St. Clair
St. Louis
St. Mary’s
5%
Salem
%
Seneca
Sharon
%
13 50 13 75 Sheldon & Columcian.21
1
South Pewabic
2
South Side
Star
8
Superior
21
Toltic..
1%
2 25 2 50 Tremont
Victoria
1%
6
39 00 40 00 Vulcan
1
4 00 Washington
West Minnesota
2%
3
Winona
.
1
•
6 25
7 25
.
...
•
)
••
....
»
Sep. ’66... 6
do
do
do
207,345
do
2,485,017
do
252,057
do
349.521
do
201,216
do
1 8,82*
138,166 Feb. and Aug.
)
50
Howard
...
Jan. 66...5
Aug. ’66...5
do
163,860
450,295
258,214
100
Hope
«...
4 00
50 '29 00
00 9 00
July ’66...
July ’66.. 4
228,12- Feb. and Ang. Aug ’66..5
186,170 April and Oct. Apr. ’65..5
172,318 Jan. and July, July ’66 3%
•
15
50
Home
....
...
...
....
....
Hungarian
00
•
12
3
1
Rockland
.
...
./.17%
Hope
.
•
•
do
215,079
149,755 May and Nov.
229,809 Feb. and Aug.
592,394 Jan. and July.
195,875 Jan. and July.
8,177,437 Jan. and July.
Harmony (F.&M.)t 50
50
Hoffman
40 00 40 50
10
Resolute
....
Jbanover
....
..
Quincy*
11 50
....
....
2
•
....
•
Hilton
•
1 00
Providence
....
....
...
•
....
—
9%
8% 43 00 43 50
2
....
....
.
.
25
50
Guardian
Hamilton
Hanover
«...
....
Princeton
.
.
5%
•
.10%
Pontiac
....
....
Flint Steel River.
Greenwich
Grocers’
•
•
...
Portage Lake
....
.
....
Excelsior
Pittsburg & Boston..
....
.
•
•
•
Trust.. 10
25
50
100
50
Globe
50
Great Western**.. 100
...
•
s
•
•
.
Gallatin
Gebhard
Germania
•
.
....
.
.
•
.
.
....
....
.
Everett
•
....
1%
Empire
•
•
.
Davidson
Edwards
•
....
8%
Dudley
Eagle River
•
..
.
....
.
•
17 00
00 15 00
...
.
...
.
Delaware
Dev n
Dorchester
•
.
....
—
2%
.
.
2 50
25
•
—
1
.
.
.
....
4
.
,
...
....
—
Dana
.
Firemen
Fulton
.
«
.
140,324 Feb. and Ang.
230,3 2 Jan. and July. July'66 .6
do
July ’66.3%
149,024
do
July’65 .5
156,063
1
Firemen's
17
Firemen’s Fund... 10
....
2%
Central
Concord
Copper Creek
Copper Falls
Copper Harbor...
Dacotah
1
.
•
30
Exchange
....
•
....
.
.
Caledonia.
*
....
....
....
.
Hudson
Hulbert
Humboldt
•
....
....
4#
13% 11 00
Franklin
French Creek....
Girard
Great Western...
Hamilton........
Hancock
....
50
Excelsior
.
.
.
40
100
Eagle
.
.
.
....
•
2
Canada
.
....
Atlas
Aztec
Boston
•
•
....
....
—
Bay State
Bohemian
.
•
(Alb’y).100
Empire City
•
.
.
.
....
....
•
Anita
.
....
1
17
Amygdaloid
paid 1
Lafayette
•
....
6 25
1*
.*
American
•
....
2
Lake Superior
6
Madison
Mandan
4%
Manhattan
6%
Mass
Medora
1%
5
Mendotat
Merrimac
6%
1
8
Mesnard
Milton
1%
11 50 Minnesota
National
5% 10
2
1 00 Native
1
7 75 N>inmkeng
*
80 New Jersey Consol... .lu
New York
4
4 63 North Cliff
11%
North western
.11
Norwich
10
Ogima
.50
Pennsylvania *
Petherick
5%
3% 28
85 Pewahic
8
.15
Phoenix..:
T
3
Algomah
•
.
....
25%
Albany & Boston.
Alfouez
•
11
(N.Y.). .100
Commercial
50
Commonwealth... 100
Continental *
100
Corn Exchange... 50
Croton
100
Bid. Askd
•
•
123,577 Jan. and July July’64 .,4
do
Jnly’66 .10
878,440
814,787 Feb. and Ang. Ang. 5 p. s.
do
Ang. ’66 6
231,71)3
391,918 Jan. and July. July’64.8%
do
July ’66.. 6
212.594
440,870 Feb. and Aug. Aug. 6 .5
244,296 Jan. and July. July’66 ..5
268,893 April and Oct. Oct. ’66...6
1,199,978 Jan. and July. July '66 ..7
86 ,970 Mar^h and Sep Mar. ’64..5
168,32 Jan. and July. July’64 ..5
861,705 April and Oct. Oct. '66..6
212,145 Jan. and July. July’66 ..7
do
July’66... 5
258,054
100
100
Commerce
paid.
'■
70
Columbia*
4 30
Bid. Tju
Sale.
••••••««•••
do
241,521
20
Clinton
8
3 50
Companies.
Bid. Askd
Companies.
25
17
100
City
....
COPPER MINING STOCK LIST.
^
25
Bowery
Broadway
Brooklyn
Central Park
Citizens’
1 20
30
10
.10
Union
2
United Pe’tl’m F’ms....
10
United States
10
Venango (N. Y.)
....
....
....
1ft
10
Second National
Shade River
-
•
....
75
Rynd Farm
-
5 40
12
5 00
Oceanic
Pit Hole Creek
....
25
....
5
6
5
5
1
223.775 Jan. and July.
205,976 Jan. and July.
440,603 Jan. and July.
213,590 Jan. and July.
501,543 Jan. and July.
253,232 Feb. and Ang.
824,456 March and Sep
200.362 May and Nov.
181,052 Feo. and Ang.
320, ill June and Dec.
248,392 Feb. and Aug.
Adriatic
J£tna
Last
Periods.
Assets.
25 $300,000
50 200,000
50 200,000
American*
200,000
American Exch’e. .100
Arctic
50 500,000
Astor*
S5
Atlantic (Br’klyn). .50
Baltic
25
Beekman
25
•
—
N.Y,Ph. &Balt.Cons—
....
T
•
•
....
Mountain Oil
Natural
N. Y. & Alleghany
New York & Newark...
N. Y. & Philadel
_
20
Buchanan Farm
10
Central
100
Cherry Run Petrol’m..
•
—
Ivanhoe
Manhattan
4 75
10
5
10
Bllven
20
par
HamiltonMcClintock.. -
.
.
participating, and (t)
write Marine Risks.
Bid.
Companies.
DIVIDEND.
L, 1865.
Marked thus (*) are
•
•
•
•
*
....
....
•
•
«
«...
.
....
....
.
•
•..
.
.
.
....
92%
«•
•
•
*
....
....
•
•
•
....
•
• ••4.
Jan ’66..5
July ’65 .5
July’66.3%
Juiy’66.3%
Aug. ’66. .5
*•
•
....
.
•
•
•
•
•
•
•
•
•
•
....
•
Aug. ’66..5
Aug. ’66 .5
Feb.’66.3%
July ’66 A5
•
•
•
!••••
....
.....
July ’66 .5
—
.
Feb. ’66..4
July‘66. .5
«...
July’66.. 5
105
.....
Aug. ’66..5
Aug.’66...2
July ’66 ..5
July’66.. .5
.
....
115%
.....
.....
•....
....
...
....
.
ADVERTISEMENTS.
.
....
.
—
....
.
.
.
.
.
'
Echla
—
•
.
.
.
4 00
—
—
....
G, & S. Ore separating.
Gold Hill
Gunnell.’...
3 25
4 25
....
.
Gilpin
—
.
First National
FaU River
TERMS FOR
,
....
.
4 00
93
—
..,.........
.
.
.
«
4 TO
96
1 60
2 75
People’s G. & S. of Cal. 5
Quartz Hill
25
10
Rocky Mountain
Smith & Parmelee
Texas
Vanderburg
Vasquez
6 75
20
—
2 80
6 00
6 95
ADVERTISEMENTS.
Steamship Companies...'.. 743
Commercial Cards.
Insurance.
INDEX
—
Bid. Askd
TO
Commission Merchants.......
MISCELLANEOUS STOCK LIST,
Companies.
The rate for advertising in the Chronicle is 15 cents a line for each insertion
A discount on this rate will be made when the advertisement is continued
for three months or more.
8
79
—
Bid. Askd
Drugs
Dry.Goods
.7)3
.
744
Guano
Copake Iron
Foster Iron ;
..;
Lake Superior Iron.
Bucks County Lead
Tudor Lead
par— ■2 75
Saginaw. L. S. & M.. ..25
i 32
Wallkill Lead
—
Wallace Nickel
—
5
par
..
Dehbo Lead
.......
Manhan Lead
PhtnikLead..,u...
Iron Tank storage..
5
....
•
• « •
*•* *
S.TT
mttr
'
» *
Rutland Marble
Long Island Peat
*
■
•
•
•
•
i.
Russell File
Savon de Terre
......,25
"3*95
—
6
—
•
A
-
'
-
5
3 00
i
35
743
Express Company
Holiday Goods
743
Pens
4 05
5 00
25
743
.743
Metals........
(Gillott’e)
Railroad Iron
Stationers..
Tobacco broker:
;...«^
743
743
748
706
*742
Fire
743-4
743
Cotton Duck
CO OPANIKS.
ADVERTISING.
,
706-2
Life*
marine
and Inland
Navigation
742
.Financial.
Bankers and Brokers in N.Y ..705-6-8
Bankers and Brokers—South
705
“
“
West
Miscellaneous Financial...
.
.
705
..: 707
Bonds, Dividends, &c
707
Steam
748
Miscellaneous.
Engines
Lawyers (Southern)
74$
(December 8,1866,
THE CHRONICLE.
742
Insurance.
Insurance.
Insurance.
OFFICE OF
Marine & Fire Insurance.
METROPOLITAN INSURANCE CO.,
BROADWAY, NEW YORK.
NO. 108
$1,000,000
Cash Capital
Assets Nor. 1,1865, over
1,600,000
This Company insures at customary rates of pre¬
mium against all Marine and Inland Navigation Risks
on Cargo or Freight; also against loss or damage by
Fire.
If Premium* are paid in Gold, Losses will be paid
in Gold.
The Assured receive twenty-five per cent of the net
profits, without incurring any liability, or, in lieu
thereof, at their option, a liberal discount upon the
premium.
AH losses equitably adjusted and promptly paid.
Scrip Dividend declared Jan. 10.1855,
FIFTY PER CENT.
JAMES LORIMER GRAHAM, President,
ROBERT M. C. GRAHAM, vice President.
JAMES LORIMER GRAHAM, Jb., 2d V. P.
Hhhbt H. Porter, Secretary.
BROADWAY,
No. 119
INSURANCE COMPANY.
Million Dollars,
($1,000,000.)
One
Capital,
Cash
INSURANCE.
FIRE AND INLAND
HASTINGS, President
Ballard, Secretary.
A. F.
Frank W.
Queen Fire Ins. Comp’y
OF LIVERPOOL
COMPANY.
-
Subscribed Capital
Paid up Capital dr
-
Surplus
£2,000,000 Stg.
£1,885,220 Stg.
$1,392,115
-----
GEORGE ADLARD, Manager.
The Mutual Life Insu-
Company insures against Marine Risks on
Vessels, Freight, and Cargo; also, agalnai Inland
RANCE COMPANY OF NEW YORK,
Navigation Risks.
CASH
ASSETS, Sept. 1st, 1866, over $16,000,000 00
FREDERICK S. WINSTON, President.
premium in gold.
R. A.
EDWARD P. ANTHONY, Vice-Pres11
Isaac H. "Walker,
Risks; nor upon Fire Risks
nected with Marine Risks.
McCURDY, Vice-President.
sTUAkT.
M
Actuary, SHEPPARD HOMANS.
Sec'y.
Niagara Fire Insurance
COMPANY.
COMPANY.
Returns of Premiums and
$1,866,699
ORGANIZED APRIL, 1844.
...
SURPLUS, JANUARY 1st, 1865
$1,000,000
270,353
equitably adjusted and promptly paid.
Chartered I860. ~ Cash Dividends paid in 15 years,
258 per
cent.
JONATHAN D. STEELE, President.
P.
.
NOTMAN, Secretary.
Stock, City, Bank and other Stocks, $4,823,585 06
Loans secured by Stocks, and
wise...
Dividends
Bonds
profits, have amounted in the aggregate to
One Hundred and Twenty-one and a
halier cent.
NO. 175
the
the stockholders.
This Company continues to make Insurance on
Marine and Inland Navigation and Transportation
uuka, on the most favorable terms, including Risks
CASH
payable in Gold or
Currency, at the Office in New York, or in Sterling,
Office of Rathbone, Bros. & Co., iu Liver-
f°0l‘
$500,000 O
205,989 83
SURPLUS, Jan. 1st, 1866
$705,989 83
TOTAL ASSETS
Merchandise of all kinds, Hulls, and Freight.
Co.,
BROADWAY, N. Y.
CAPITAL,
RUDOLPH GARRIGUE, President.
Policies Issued making loss
at the
other¬
r
3,830,350 00
Mortgages,
221,260 00
Interest
Stocks,
and Mortgages and
on
other
estimated at
144,964 43
do
rency
8,283,801 96
80,463 00
Bank, Coin
do U. S. Treasury Note Cur¬
810,551 78
$12,199,975 17
Six per cent Interest on the outstand¬
ing certificates of profits will be paid
to the holders thereof, or their legal representatives,
on and after
Tuesday the Sixth of
February next.
Fifty per cent of the outstanding certificates
Germania Fire Ins.
dividend to dealers, based
principle that a ^lasses of risks are equally
profitable, this Company will hereafter make such
cash abatement or discount from the current rates,
when premiums are paid, as the general experience
o underwriters will warrant, ana the nett profits remaining at the close of the year, will be divided to
on
on
of the issue of
For the past nine years the cash dividends paid to
Stockholders, made from ONE-THIRD of tne net
tt
has the following As¬
sets, viz.:
United States and State of New York
Total Amount of Assets
CASH CAPITAL,
Losses
has paid to its Customers, up to the
present time, Losses amounting to over
EIGHTEEN MILLIONS OF DOLLARS.
The Company
en
$992,341 44
NO. 12 WALL STREET.
STREET, NEW YORK.
Assets, Jan. 1st, 1866
Instead of issuing
paid during the
$3,659,178 45
period
Premium Notes and Bills Receivable..
The Mercantile Mutual
OFFICE No. 85 WALL
t
$6,764,146 38
1865 to 31st December, 1865
Cash in
INSURANCE
discon-
Loans, sundry notes, re-insurance
and other claims due the Company,
s—(ISAAC ABBATT.
Secretaries,
}■ J0HN
Life
Premiums marked off from 1st Janu-
Real Estate and Bonds and
paid in gold will be entitled to a return
$8,952,471 53
amount of Marine Premiums..
The Company
This
MOSES H. GRINNELL, Pres't.
2,019,324 73
Expenses
$2,716)424 82
DIVIDEND THIRTY PER CENT.
Premiums
Totai
same
Y.
Policies not marked off
No Polices have been issued upon
Losses
way, N.
on
January. 1865
ary,
WILLIAM H. ROSS, Secretary.
-
1st
Special Fund of $200,000, deposited in the Insur¬
ance Department at Albany.
49 WALL STREET.
-
Premiums
•
(insurance buildings,)
ASSETS) Dec* 31) 1865
Trustees, in Conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 31st December, 1865:
Premiums received on Marine Risks,
from 1st January, 1865, to 31st De¬
cember, 1865
$8,933,146 86
The
AND LONDON.
Authorized Capital
JANUARY 27th, 1866,
NEW YORK,
United States Branch* No. 117 Broad¬
Mutual Insurance
Sun
The Atlantic Mutual
Security Insurance Co.,
JOHN E.
1864, will be redeemed and
paid to the holders thereof, or their legal repre
sentatives, on and after Tuesday the Sixth
of February next, from which date interest on
the amount, so redeemable, will cease. The certifi
cates to be produced at the time of payment,
cancelled to the extent paid.
Thirty-five Per Cen
A dividend of
declared on the net earned premiums
of the
Company, for the year ending 31st
December* 1865*
for which certificates will be issued on and after
Tuesday the Third of April next.
By order
the Board,
KAHL, Secretary.
J. H. CHAPMAN,
Secretary.
TRUSTEES.
Aaron L. Reid,
Joseph Walker.
TRUSTEES:
Ellwood Walter,
D. Colden Murray,
E. Haydock White,
Freeland,
Samuel Willets,
James
Robert L. Taylor,
William T. Frost,
William Watt,
N. L. McCready,
Daniel T. Willets,
Henry Eyre,
L. Edgerton,
Cornelius Grinnell, Henry R. Knnh&rdt.
g, E. A. Schleicher, John S. Williams,
Morgan,
William Nelson, Jr.,
er.
Joseph Slagg,
Jas. D. FishT
Geo. W. Hennings,
Francis
Charles Dimon,
A. William Heye,
Harold Dollner,
Hathaway, Paul N. Spofford.
ELLWOOD WALTER, President
CIIAS.
C. J.'Dbspabd,
NEWCOMB, Vice-Prest
Secretary.
COMPANY,
No. 46 WALL STREET.
Jahvary 1st 1866.
capital
Surplus.
1
$400,000 00
156,808 98
$566,803 98
24,560 00
Gross Assets
Total Liabilities
BENJ. ». WALCOTT.
President,
1, IUWCT Uxi, Secretary.
OFFICE, NO. 92 BROADWAY.
Cash Capital-
-
-T
.
$200,000 OO
.
252,559 22
Assets, March 9, 1866 -
Total Liabilities Losses Paid In 1865
-
-
-
-
-
26,850 OO
-201,688 14
This Company Insures against Loss or
Fire on as favorable terms as any other
Damage by
responsible
Company.
Hanover Fire Insurance
Cash
Hope
Fire Insurance Company,
...
ONLY FIRST CLASS RISKS SOLICITED.
Board of Directors:
HENRY M. TABER,
JOSEPH FOULKE,
STEP. CAMBRELENG,
THEODORE W. RILEY,
JACOB REESE,
JNO. W. MERSEREAU,
D. LYDIG SUYDAM,
WILLIAM REM8EN
HENRI’S.
JACOB
THOS. P. CUMMINGS,
ROBERT SCHELL,
WILLIAM H. TERRY,
FRED. SCHUCHABDT.
JOSEPH GRAFTON,
L. B. WARD,
JOSEPH BHiTTON,
AMOS BOBBINS,
LEVEBICH.
REESE, President
QBA9. J>. HA5TSH0JWB, JMcrttary.
Wm. Sturgis,
John D. Jones,
Charles Dennis,
Henry K. Bogert,
W. H. H. Moore,
Joshua J. Hen try,
Henry Coit,
Wm. C. Pickersgill,
Lewis Curtis,
Charles H. Russell,
Lowell Holbrook,
R. Warren Weston,
Royal Phelps,
Dennis
Caleb Barstow
A. P. Pillot
William E. Dodge
Geo. G. Hobson,
Perkins,
Joseph Gaillard, Jr.
J. Henry Burgy,
Cornelius Grinnell,
C. A. Hand,
B. J. Howland,
Benj. Babcock,
Fletcher
Westray,
Robt B. Minturn, Jr.
Gordon W, Burnham,
Frederick
Chauncey,
David Lane,
James Low
Jame9 Bryce,
Georg
Leroy M. Wiley,
Daniel S. Miller.
William H. Webb.
Stephenson,
JOHN D. JONES, President,
CHARLES DENNIS,
W. H. H.
Vice-President
MOORE, 2d VIce-Pres’t,
j. d. mnrura«
m nwF-’t.
-
THE CHRONICLE.
December 8,1866.]
“
Steamship and Express Go’s.
NATIONAL STEAM Atlantic Mail
.wwwr
Navigation Co.
POOL, CALLING AT QUEENSTOWN.
Leaving Pier No. 47, North River, as follows:
SCOTLAND
Sails Saturday, Sept. 22
ENGLAND
“ Saturday, Sept. 29
“ Saturday, Oct. 6
HELVETIA (Ogilvie)
“ Saturday, Oct. 13
Cabin passage, $100; Steerage, $30.
Steerage passage tickets, to bring parties from
Liverpool or Queenstown, for $36 in currency.
Through passage to Paris, Antwerp, Hamburg,
Bremen, &c., at low rates.
Drafts issued for any amount, payable at any Bank
In Great Britain or on the Continent.
For Freight and Cabin Passage apply at
ERIN
COMPANY, 57 BROADWAY.
Tickets, at the Passage Office oi
The Office of the
And for Steerage
the^pKnpany, 27 Broadway, and 275 Pearl street,
near
Cotton, Produce and Provision*,
40
and 53 NEW ST., N. Y
Reference,
Telford & Bodley, Bankers, N. Y.
Sailing on the 22d of every month.
Capt. L. F. Timmerman.. .Oct. 22.
America, Capt. E. L. Tinklepaugh. Nov. 22.
Guiding Star, Capt. W. C. Berry
Dec. 22.
South
GUANO.
These fine steamers sail on schedule time, arriv¬
ing at St. Thomas 29th, and making connection with
steamships of the French, Spanish, West India, and
Royal Mail Companies, to and from all ports of the
West Indies and Spanish Main.
Arrive at Para, Brazil, 8th; Pernambuco, 15th;
Bah a, 17th; and Rio de Janeiro, 20th.
Connecting
thence by semi-monthly steamers to Montevideo and
2,000 tons No. 1 Peruvian Guano.
1,200 tons Braces Concentrated Fertilizer.
2,500 tons Swan Island Guano.
600 tons Coarse Ground pure Bones.
For sale in lots
Counsellor and Attorney at
or passage,
GARRISON & ALLEN, Agents,
W. J. HURST, Manager.
No. 6
Bowling Green.
Particular attention
And Carrying the United
Slates Mail.
LEAVE PIER NO. 42 NORTH RIV¬
ER, FOOT of Canal street, at 12
o’clock
Hst of every month
the 1st, 11th, and
wnen those dates fall on
noon, on
(except
attended to.
zanillo.
Baggage checked through.
allowed e*ch adult.
An experienced Surgeon on
GOODS, PERFUMERY,
board.
Cotton
Medicines and
L
BETWEEN
TION
THEODORE
NEW-
SIA via PANAMA.
Panama, New-Zealand and Australian Royal
Mail Company dispatch a steamer on the 21th of
each month from Panama to Wellington, N. Z., and
the Australian Colo ries, connecting with the steamer
of the Pacific Mail Steamship Company leaving
New-York for
month. First
Aspinwall (Colon) on the 11th of each
and second class passengers will be
conveyed under through ticket at the following
59
Broad
New-York to ports
Fares payable in United
Special steamers run to the newly-discovered gold
of Hokitika, New Zealatd.
Children nnder three years, free; under eight
years, quarter fere; under twelve years, half-fare;
male servants, one-half fare: female do., three-quar¬
ters
fare; men servants
do. in ladies’ cabin.
A limited quantity of
ETC.,
Middle
berthed forward,
women
merchandise will be con¬
yeyed under through bill of lading.
For further information, application to be made to
the Pacific Mail Steamship Company, No. 59 Wall-st,
Or to CHARLES W. WEST, Agent,
No. 23 William-st., New-York.
others should tend
1
Weights,
Sc
Corner
CO.,
James A. Robinson,
CALORIC
Steam
Engines,
-
IH Duane St., Cor, Hudson, N«w York.
YOUR
CUSTOM
a
,
^Texas.
SOLICITED BY
Francis &
Loutrel,
MANUFACTURERS.
FOR EXPORT AND DOMESTIC
192 FRONT
45 Malden
We
MANUFACTURERS OF CORDAGE
USE,
STREET, NEW YORK.
Lane, New York.
supply everything in
our
Professional and Private use, at
receive prompt attention.
Files of this
line for Business,
Low Prices. Orders
Paper Bound to Order.
BLANK BOOKS.
STATIONERY.
ENGRAVING.
Metals,
THOS.
J.
PRINTING,. AC., AQ
POPE, 92 John Street.
Cooper &
Pig Irons, Ingot Copper,
Spelter, Tin, Antimony, &c., Old and New Railroad
Iron, Bloom Irons, Car Wheel Pig Irons.
Sheridan,
26 EXCHANGE PLACE,
Corner of William St
Anthracite and Charcoal
JOSEPH
GILLOTT’S
STEEL
OF THE OLD STANDARD
Railroad Iron,
AMERICAN AND FOREIGN*
Steam and Street
Roads,
SIXTY-SIXTH ANNUAL DISPLAY
GOOD AND CHEAP, from No
TRADEMARK:
GILLOTT,
JOSEPH
BIRMINGHAM.
With
Designating
Numbers/
by
JOSEPH GILLOTT Sc SONS.
No. 91 John st., New-York
>
HENRY OWEN. Sole Agent.
-
Albro’s
Of
Fancy Goods, Rich Bohemian Glass, China, Brom
Clocks. Berlin Iron, Terra Cotta and Cabinetwure, Smokers Requisites, Morocco
Bags, Portemonnaies,J*paand
Toilet
QUALITY.
JOSEPH
Or Descriptive
TRADEMARK: GIL LOTT. Name and Desig
WARRANTED. Dating Number
For sale
S. W. HOPKINS Sc Co.,
69 & 71 Broadway.
Carved Wood
PENS
NEW SERIES,
700 io No. 761.
FOR
Oilcloths,
MANUFACTURED BY
*
Articles,
Articles,
and the
ST. GERMAIN STUDY LAMP.
Also, Toys and Games, comprising all that is nov
and suitable for Holiday Presents, and of as large
variety as can be found in the city, at
HINBfCH’S,
Milla, Pumps, Cotton Gins, Holsters, and Genera
Jobbing.
T
City.
J New 0rlean8> L*-
T. H. McMahan & Gilbert,)
J. S. Sellers
Co..
f
J. W. & T. P. Gillian, Houston,
Henry Lawrence & Sons,
ENGINES
PORTABLE AND STATIONARY
New York
STATIONERS. PRINTERS AND BLANK-BOOK
NOW READY.
description. Also for the collection of notes,
drafts, and bills, bills accompanying goods, &c.
'4
Co.,
Hon. J. H. Reagan, Palestine, Texas.
Judge G. F. More, Austin, Texas.
of Beaver.
Gold, Sliver, Jewelry, and Merchandise
of every
:
Galv<^on, Texas,
Holiday Goods
ERICSSON
J. H. Brower &
H. B. Clifford,
Campbell & Strong,
by the
forwarding of '■
Southern Texas.
Burtis, French & Woodward,
Duck,
HARNBEN EXPRESS, 65 Broadway.
as they have unsurpassed facilities for the rapid and
safe
or
J. M. Ward well,
William N. Clabk, Jr.
FOR SALE BY
Bankers, Merchants, and
Street, Galveston, Texas,
a
REFERENCES
in New-Zealand, or
and
The above rates include the transit across the
Isthmus of Panama, and the first class fares are for
forward cabins of the Australian steamer: after
region
ETC.,
POLHEMUS
Street,
Melbourne, $34G to $364 for first-class,
$218 to $243 for second class.
cabin, latter $25 additional.
States gold coin.
Strand
MANUFACTURERS AND DEALERS,
AND AUSTRALA¬
YORK
COUNSELLOR AT
Is prepared to attend to, and collect promptly, all
Claims or other busines s committed to his charge in
William A. Gei.latly.
and
.
LAW.
A LARGE STOCK ALWAYS ON HAND.
COMMUNICA¬
The
rates: From
to Sydney or
All Widths
farther information, apply
V A
Glenn,
AND
,
One hundred pounds
office, on the wharf, foot of
Canal street, North River, New York.
S. K. HOLMAN, Agent.
STEAM
Marsh
New York.
Joseph H Westerfield.
William H. Schieffelin,
STREET,
RICHMOND,
ATTORNEY
170 & 172 WILLIAM ST.
Attendance free.
For passage tickets or
at the Company’s ticket
11 3 MAIN
INDIGO, CORKS, SPONGES,
FANCY
Carrington,
ATTORNEYS AT LAW,
IMPORTERS AND JOBBERS OF
Sacramento.
Departures of 1st and 21st connect at Panama with
for South Pacific ports • 1st and 11th for
Central American Ports. Those or 1st touch at Man¬
Ould &
SCHIEFFELIN BROTHERS A CO.,
81st—New York, connecting with
steamers
Campbell & Strong, New Orleans.
SUCCESSORS TO
NOVEMBER:
1st—Arizona, connecting with Golden City.
11th—Henby Chauncby, connecting with St. Louis
by permission to—Louis Dupleix, Natchi¬
toches, La.; Hon. John L. Lewis, Minden, La.;
Cards.
D RU G S
Claims
care.
against the United States Government promptly
W. H. Schieffelin & Co.
Sunday, and then on the preceding Saturday), for
ASPINWALL, connecting, via Panama Railroad,
with one of the Company’s steamships from Panama
for SAN FRANCISCO, touching at ACAPULCO.
Law,
paid to the Collection of C aim
and all other business entrusted to his
Refers
Commercial
California,
Myers,
NATCHITOCHES* LA.
information, of freights
Apply to
THROUGH LINE
wanted, by
C.
H.
Buenos Ayres.
For further
as
GEO. E. WHITE Sc CO.,
150 Front St.
PACIFIC MAIL STEAMSHIP COMPANY’S
To
apd~42 BROADWAY
North America,
Fulton.
.
COMMISSION MERCHANT
IN
FOR ST. THOMAS AND
BRAZIL.—REGULAR UNITED
STATES MAIL STEAMERS.
TO LITER-
STEAMERS WEEKLY
B o s t w i c K,
J. A.
Steamship
Company,
(LIMITED.)
*
Commercial Cards.
Steamship and Express Co.’s.
WERCKMEISTER’S,
150 Broadway* (np stairs)
York.
WISNER
H.
TOWNSEND,
AT
Elizabeth, New Jersey*
ORDERS TAKEN FOR THE NEW PATTERNS AT
Late
No. 20 Reads
Street, New York,
-
,/iw
"y.
S
'
f V.
f.f'S-f";1"''
[December 8,1866.
THE CHRONICLE.
W
-
»
_
_
•
,
Brand &
S. H. Pearce & Co.,
I
OUed
Agents for the sale of
Imitation Oiled Silk.
costa but half as much as
appearance
BURLAPS,
real silk, which it equals in
Patent
FLAX SAIL DI CK, AC.
invented.
the most economical collar ever
Lindsay, Chittick & Co.,
COMMISSION
AND
A
End, Glasgow.
Jr.
CLARK,
Mile
MERCHANTS,
British
PARASOLS,
IS UNSURPASSED FOit
Staple,
THOS.
White
97 FRANKLIN
ORRELL
Delivered from yards in New York
For Grate Fires.
and
CLOAK TRIM¬
Brooklyn,
samples of
C. E.
NOVELTIES JUST RECEIVED.
Caldwell &
Thorburn,
COTTON
FLAX THREAD
SPINNERS,
SHOE
THREADS,
ETC.
MACHINE THREADS,
95 CHAMBERS
South¬
-
— —
-
COMMISSION
58 BROAD
E.R.Mudge,Sawyer&Co.
AGENTS
FOB
Oiler for
P.
VICTORY MANUF.
Nos. 43 A 45
own
American
and other first-class
Merrill, Jr.,
.
CO.,
MILLS,
WHITE STREET.
,
Established under Southern auspices,
to build up
GENERAL COMMISSION MERCHANT
30 NEW STREET & 38 BROAD
STREET,
the Industrial & Plant¬
ing Interests of the South.
With
Goodman & Merrill,
corporate powers and privileges more exten¬
ST., NEW YORK.
Tracy, Irwin & Co.,
NO. 400 BROADWAY,
or
Goods,
including a superb stock of
DRESS
s
Southern Real Estate
mission.
*
Messrs.
Bought and Sold
on
MOBILIER of France, will, through
ted at all important
GOODS,
AHD/
HOSIERY and WHITE GOODS.
‘*
.
*
*
*
^'
*
2d.— Trust and
Collection and Adjustment of
George S. Mandeville, Esq., New Orleans.
Hon. Milton Brown,
Mobile.
-
£
A. F.MERRILL, Jn.,
86 New
3d- Insurance
,
Street, New York City.
Accounts.
.A
4th.—Immigration, Labor and Lands.
5th.—Transportation.
6th.—Railroads, Mines, and Manufactures.
CENTRAL OFFICES :
40 4c 42 Broadway, New
,
Addison, Esq., Baltimore.
2
Savings.
Mercer, New Orleans.
Ogden, Fleetwood & Co’, Chicago.
D. B. Molloy, Esq., Memphis.
Messrs. Porter, Fairfax tk Co., Louisville. Ky.
Francis 'urget, Esq., Natchez, Miss,
H. B. Plant, Esq., Augusta* Ga. ,
following
-
Banking and Loans.
REFERENCES:
Messrs. Crane, Breea & Co., Cincinnati.
A. E. Addison, Esq., Virginia.,
Geo. S. Cfimeron, Esq.. South Carolina.
Hon. W. B. Ogden, Chicago. - -
and
1st.—Produce and Factorage.
Duncan, Sherman & Co., New York.
W. Mead
points in the United States
Departments:
U, A. Murdock, Esq., New York.
W. R Dixon, Esq., Pres. Hoffman Ins. Co., N.Y.
Dr. W. N.
branches loca¬
Europe, conduct its business under the
’
Com¬
...
IMPORTERS AND JOBBERS
'
consignments of Cotton, To¬
......
Umbrellas & Parasols,
Foreign and Domestic Dry
on
bacco, and otcer produce.
Machinery and Agricultural Implements of every
description supplied,
MANUFACTURERS OF
49 MURRAY
Advances made
FONCIEK AND
sive than those of the CREDITS
NEW YORK CITY.
DOUBLEDAY A DWIGHT,
Industrial
Agency.
SUCCESSOR TO
*
STREET,
NEW YORK.
Formerly of Mississippi
CHICOPEE MANUF. CO.,
MILTON
NO. 47 BROAD
MERCHANTS
Distilleries. Kentucky.
BURLINGTON WOOLEN CO.,
i
COMMISSION MERCHANTS,
sale, IN BOND, fine BOURBON and RYE
A.
SLIP, NEW YORK.
STREET, NEW YORK,
WHISKIES, from their
WASHINGTON MILLS,
Merehants,
Sawyer, Wallace & Co.,
DISTILLERS
—;
■■■
20 OLD
AND
Mills at Patterson, N. J.
v-
J. M. Cummings & Co.,
STREET, NEW YORK.
FACTORS,
General Commission
LINEN THREADS,
CALDWELL,
AND
NSW YORK.
Consignments of Cotton and all other
ern Prodneta Solicited.
Morris,
Successors to BREWER &
'
109 WALL STREET,
Co.,
Va.
B. C. MORRIS. JR.
SAM'LB. CALDWELL.
COMMISSION
MERCHANT,
Barbour Brothers,
McIlwaine &
of Petersburg,
Martin & Tannahill,
of Petersburg, Va.
AND
SHIPPING
MERCHANTS
PRODUCE AND PURCHASE
OF MERCHANDISE GENERALLY.
No. 79 Front Street, New York.
FOR THE SALE OF
H. J. PAR11ELE A BRO.,
32 Pine Street, N.Y.
MINGS,
Invites the attention of the trade to his
COMMISSION
LIVERPOOL,
FROM
IMPORTER AND MANUFACTURER OF
LADIES9 DRESS AND
&
Coal.
Franklin Street,
McIlwaine
Co.,
Tannahill,
STREET, NEW YORK.
BEST ENGLISH CANNEL A
Julius Garellv,
Best of references given if required.
PARIS,
NO. 7 RUE SCRIBE,
STREET, NEW YORK,
150 A 153 DUANE
Consignments of Cotton, Wocl, Hides, <tec.,
solicited.
COMMISSION MERCHANTS,
Linens, Ac., Ac.,
STREET, NEW YORK.
receive prompt at¬
45 CLIFF
tention.
&TREET, N.Y.
Lane, Lamson & Co.,
Goods,
Irish and Seotch
Hardware,
All orders entrusted to him will
RUSSELL, Sole Agent,
88 CHAMBERS
r
Merchant,
and Commission
HAND AND MACHINE
Goods,
Dress
No. 101
CO’S.
,(of the late firm of Neilson
Importer and Dealer in
SEWING.
And Fancy
STREET, NEW YORK.
Cash Advances made on Consignments
Jeremiah M. Ward well,
Wardwell & Co.)
Spool Cotton.
JOHN
Commission Merchants,
40 BROAD
Street, New York.
24 Walker
FACTORS
AND
General
UMBRELLAS A
Slaughter & Co.,
COTTON A TOBACCO
MANUFACTURERS OF
Reversible Paper Collars,
IMPORTERS
Norton,
Ellis, Knapp & Co.,
of the
Ky.
B. H. Wisdom,
Late Cash. Bk. Tenn.
T. J. Slaughter,
Late of St. Louis, Mo.
BAGGING,
superior finish, and
and durability.
Agents for the sale
Ex. Norton,
Late of Paducah,
AC.
LINENS,
WHITE
EXCHANGE PLACE),
Jacob Heald & Co., Lord & Robinson, Baltimore. Tannahill, Mcliwaine & Co., New York.
WILLIAM GIHON & EONS’
Silk,
Our “Imitation” has a very
Clothing Trade.
Jobbing and
HANDKERCHIEFS,
SILK AND COTTON
(Offices, for the present, 63
BALTIMORE, MD.
Referbypermissionto Messrs.
In full assortment for the
and Manufacturers of
Lynchburg, Va.,
COMMISSION MERCHANTS,
For the sale of produce and purchase
of merchandise generally.
SCOTCH LINEN GOODS,
IRISH A
CHINA SILKS,
EUROPEAN AND
Late of
STREET.
55 MURRAY
Importers of
Wilson, Son & Co.,
Gihon,
Commission Merchants,
mporters A
No. 353 BROADWAY,
?
Commercial Cards.
Commercial Cards.
Commercial Cards.
'‘ifei"1
York.
Prospectus and'Circulare win hemaileduponapplication to Central Office.
.
@FedFRASER