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—

JHE

teniat

01ttlttt#

AND

HUNT'S MERCHANTS' MAGAZINB,
REPRESENTrNG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF

VOL.

SATURDAY, FEBRUARY

28.

CONTENTS.
and the Fandint;

Enrope

IW

Commercial

and

Miscellaneous

News

lia

107

THE BANKERS GAZETTE.

onoT

Market. IT 8. Securities,
Railway Slocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
Ill

Commercial
Cotton

BpKome

Qiiotattons of Stocks and Bonds.. 117
New York Locil Securities
118

investments, and Sute, City and
Corporation Finances
119

THE COMMKRaAL

Breadstofls

TIMES.

\ii\

Dry Goods

l.tt

Impoits, Receipts and Exports
Prices Carrcut ...

128

I

...

127
141
1J9

It is true that in

710.
its

final

only substituting one obligation for another;
but in the meantime the holders may have materially
changed, and the transfers of capital from one section or
result it

Kqti'ili/.ation of Boantl<*s
10S
Latest Monetary and Commercial
EnL'Hsh News
103

105

L'fc Ii.Hurance and ihe State
Bilvcr DL'inout-tixition as a Cause
of
BusiDcra
Bepr^sfion
In

UNITED STATES.

NO.

1879.

great financial disturbances.

THB CHRONICLE.
llr. ShermMi
Op«ratl<>nfl

1.

TIIE

is

country to another, may, in some instances, have been
very large.

For a moment consider what the operation really is^
not with this foreign Syndicate alone, but with our domestic dealers. It is well understood that at the time

when a bank or banker makes a purchase of any amount
money passes. For all the 150millions bought this month, not a dollar has changed
hands some book-keeping has been done, and that is
all.
The purchase is made by crediting the Government in the bankers' books with the amount of the purchase, less the commission, and by a charge in the Government books in the same amount, the bonds being left
with the Government as security for the fulfilment of
of the 4 per cents, no

SIxjc

dxroiiicle.

Thr CojrMKKCiAii AND FINANCIAL CnnoNiCLBw iuMzi OT)
day

moriiinij, wiih the latest

news up

to

;

Satur-

midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE:

ForOueYesr,
....
w.,^ .v»., v.i,„i..u.ng
(incloding (.ostage)
postage)
..
For Six Months
do
Annual tnbscrlption la Ixindon (Incladins postage)
Sixmos,
no
do
do

$10
tj

£2
1

20.
10.
Os.
78,

Sub^cnpli'ins will h3 continued until nrdcred stopped hy a written order, or
at (As puhUcatUni office. The Pnblishers cannot be responsible for Remittances
unless made by Drafts or P.st-Ofllce Money Orders.

London

OflBrr.
The London office of tjie Chroniclb Is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.

the contract.
In a word, it is a simple agreement totake the bonds, with a promise to pay for them three

months hence, when the corresponding call matures.
any one can readily see that if one hundred and
fifty millions of bonds were to be paid for in cash, each
thirty days, our money market during the time of payWILLIAM B. OAHa,
WIIXIAM B. DANA & CO., Fnbliahera,
ment would be convulsed, and business fearfully disJoan o. VLOTD, JR. f
79 fc 81 William Street, NEVT YORK.
Post Office Box 4592.
turbed.
Such an operation would mean a transfer to
0^ A neat aie-covor is furr:islicd nt .V) cunts; postage on the same is 18 the Government vaults of five millions of dollars each
cents. Volumes bound for 8 ib^cribers at $1 23.
1^' For a complete wit of the Cohxerciil avd Fivan'-ial Chronici.k— day, f»r one, two, three or more months (as long
July, 18m to dale—or of lIo.ST'a Mkbchantj' Maoazins, IJW lo lo"!, inquire
as the sales continue), and letting it out again only
t the office.
as the called bonds could be examined and paid.
Notice ti> Snb««rlber«.—The price for btndini; volnmea of the Furthermore, a very large portion of these
bonds are
CnRosicLE fslr months' numbers) has been reducei to $1 2). The pnblishere
have no agent who aolicits binding; from subscribers, and any person visi ing in Europe, and if the holders sent them here to collect,
them for the pu pose of such solicitation d ie< so entirely upon his own our
foreign exchange market would also be excited beauthority, and hhonlj not be uadersiood as tiavln^ a connection with the
yond precedent, natural forces being held in abeyance
publishing office.
under this unnatural demand, ending in the shipment of
MR. SHERMAN AND THE FUNDING
large amounts of gold, with what effect our readers can
AdvertfKeinenta.

Transient advertisements are published at 25 cents per line for eai-h insertion,
bat when dt(lnit<' orders are given for Ave. or more, insertioas, a liberal discount is made. No promise of continuous publication la the best pi ice <an be
ctven. as all advertise s must have equal opportunities. Special Notices in
Banking and Financial column GO ceii s per lin^. each insertion.

Now

I

'

OPERA TIONS.

understand without our discussing.

We last
tract

week referred to the effect of the new conmade hy Mr. Sherman with the Syndicate bankers

in preventing shipments of gold.
In view of the e.\tent
of the reoent calls of bonds, reaching one hundred

and

fifty

Btill

continuing

Thus

it

will

in operation

be seen

was adopted

why
;

the plan of payment

now

for during the time interven-

ing between the subscription arid the expiration of the
call, the purchaser can obtain the called bonds and

make payment in them in large or small amounts
and as often as he desires, thereby bringing within
comes increasingly evident that this arrangement
a small compass the amount left for final adjustwhich to-day we are able to give in full in another ment. But when with the 1st of January these
column was very timely. It only illustrates ai,'ain the sales began to increase so largely, the conditions changed
prudence and wisdom, which every one must admit again, giving new and further grounds for anxiety. Of
Secretary Sherman has shown, through all these bond course no purchaser, even while the transactions were
transactions.
Some of our readers may not have real- comparaiiyely small, could secure sufficient of the called
izfid, wli.at very c.ireful management the rapid negotiabonds to satisfy in that manner the whole of the
tion of obligations in such amounts requires, to prevent consideration, and therefore even then there would be

—

millions

on

this

the

month, with

same

liberal

the

purchases

scale,

it

be-

—

—

THE CHRONICLE.

106

[Vol.

XXVm.

which should at once be done to puih and facilitate the
exchange of bonds in London.
How wise Mr. Secretary Sherman's arrangement was
cash settlements would be proportionately increased.
And again, with the larsjer calls the number of bonds may be best understood by noticing how effectual it
coming from Europe would be and began to be de- was. Foreign exchange Aveakened at once. What the
cidedly more numerous, until it was seen that no favor- Syndicate is doing we do not claim to know, and
able trade balance could expect to meet the demands evidently the members of it do not mean we shall; but
from that quarter. Hence, the situation was seen to we haviB no doubt of this, their success has been such
have materially changed ; the very rapid funding in that they would find it profitable to sell exchange on
progress, so gratifying and apparnntly so full of promise London very freely if the occasion demands.
an amount left,
must be settled

at the expiration of his contract,
in

With

ca-b.

large sales these final

became a source of considerable anxiety,

to the country,

Mr. Sherman being brought face to face with the necesiiy for meeting these two threatening difficulties
distal banc J in oar money market and disturbance in the

A

foreign exchanges.

A

LIFE INSURANCE

careless observer will pass over these facts and in-

any one

fluences lightly; but if

less

cautious than our

AND THE

recent case before one judge of the

of this State,

upon a motion

STATE.

Supreme Court

to continue an injunction

from taking a certain
by an order from another judge pos-

for restraining a State oflSoial

present Secretary were at the head, there could easily be

course authorized

a feeling of alarm prevailing in the place of the connow felt. In fact, it has not been without some
anxiety that our more conservative classes have anticipated the day when liquidation was to begin, and yet they

sessing the

same

judicial

authority, revives, just as the

begins

fidenee

its work, a subject which
yearly demands the sort of treatment it yearly fails to
receive.
The case in question is a part of an old litiga-

Sherman has managed
with prudence the perplexities of somewhat similar situations, and may be fully trusted to do the same in this

tion concerning the disposition of the trust

rested in the assurance that Mr.

emergency.

Just

in this

connection will be seen the true

week (and which we give

legislative

session

fund held at
account of the policy holders of one of the
defunct 1 fe insurance companies of this city, and it ia
unnecessary either to follow out the phases of the con-

Albany

for

test or to state all

the facts. It is enough to say that,
two years ago, the holder of a policy matured by death
action
refunding of the National Debt," and which provides, began an
against the Superintendent
of
among other things, that, hereafter, any uncalled as well Insurance first, for the amount of her claim, and,
as oilied bonds can be used in making payments
a very next, to obtain a decree directing a proper distriwise ai d a very opportune provision, as it will go far bution of the trust fund.
This suit, in which the
towards facilitating settlements, and thereby help to plaintiff was successful, having been carried along for
technical reasons, the Superintendent
keep our money market undisturbed.
very recently
It was after considering the points above referred to applied for and obta'ned an order directing him to sell
that we expressed ourselves so decidedly last week in com- the securities and distribute the proceeds
upon this, the
mendation of the new Syndicate arrangement, and, per- other party obtained a temporary injunction, which has
haps, some of our readers will now be better able to under- just been made permanent.
But the matter has to go to
stand its present necessity. We have, of course, a trade the Court of Appeals before becoming a finality, and
balance in our favor, and a large one. The Bureau of although it may, when reached, establish an important
Statisiics has this week issuid its December figures,
the question at issue
so precedent and determine one point
force of the act passed last

another column),

entitled,!

"An

act

to

in

facilitate the

—

—

;

—

the extent of

measured, as we
EXWOB of

for the calendar year can be fully
have done in the following statement.

it

Illl|K)lt8

12.Moiitlm.

1877.

Gold

A

sil'r

Mercii'dVe.

Dbcember—
£xcc8H of imports.
ExcefiAof

$223,967

$

extK>i-t6..

El-hVEN lircV'dllloH ExoesK of imports.
Kxoesu of exporis.

$
35,128,527

ities

$
249,U3'-'

39,751,122

The bke deposit was
required of companies already existing, and all compa-

*i04,542.,'>7i $24,548,3X2 lio,()5(V,il2

nies have complied with it.
Although the deposit is
merely nominal in respect to the large ones in respect

'2(V9,Vl4,644

Total 12 montliK—
Bxoetui of liijportH. $I,')7'),173

pruviuua uiontlis

with the Insurance Department, as a guaranty fund

for the protection of the insured.

24V298,726 idbVsw'gbo

1,750,206

Bf" Corrections from new
toVal for

and w ill, therefore, however decided,
method of distribution.
The general law of 1(^63 require-^, upon organization
of a company, the deposit of $100,000 in specified securdistribute the fund,

leave untouched the

1878.
Ooldidsil'i .Morcliiindise.

goes no further than the right of the Supe'intendent to

ictnnig received by tto "'"tjuu
Bureau <,uhb>.o
oUanco the
me

—

to the great

mutual companies, being

less

than one-twen-

—

sliglilly.

tieth of one per cent of their liabilities
it has been
This siiows an excess of mero'iandise exports this
year of considerable importance in case of the many insolvof $3U4,542,000, against an excess of $140,000,000 last
ent ones, sometimes being nearly all the valuable assets
year.
But ob.serve that notwithstanding th s large
remaining. For example, the Security Company failed
merchandise excess in 1877, the movement in securiii.s
two years ago, leaving, against liabilities exceeding four
was such ihHt we exported in specie 124,548,000 in
millions, not quite two millions of assets.
Three-fourths
exce^8 of our specie imports. Just what the net
foreign of the assets were premium notes, each of which was
movement in s.ouriiies has been this year it is impossiperfectly good as against the particular policy concerned,
ble to tell ; but with the distress in E.igland,
and busi- but mere wasie paper for every other need ; the actual
ness prosi ration on the continent, and i.he
fluttering of cash WIS $2,163; the real estate,
securities, and mortfiteiliiig exchange a ound the specie
shipping point for gages (ihe deposit in Albany,
of course, being a part of
many weeks notwiihslnndiiig our large iradtT balance, it
them) were $;)93,874
while the demands already due
did not r.quire much wisdom to interpret
the situation weie $.60,000. The cash part of the assets was about
as one of great delic«y.
Add lo it, then, the call- U4 cents on the dollar of the reserve, and 13 cents on the
ing o( loi.ds at the rate of 150 millions
a month, dolar of all the cash ckiras, about one-half the policies
a considerable portion of which were in Europe,
and wj being cash ones; the matured claitns, if allowed to do
will easily see how imperative
it was that something so,
would have absorbed at once two-thirds of the cash
;

FiBROABT
aaaets,

1,

which

THE CHllONICLE

1870.J

assets

as the only practical and equitable method of disposing

were bat $396,037, against $4,164,783

of insolvent companies, and

liabilities.

It
cial

is

107

true that this

was an extraordinary case of

we

destruction, but

is

unnecessary to disonss

The

preference be given to one class of claimants.

the situa-

cite it as illustrating

it

that part of the subject now, except to insist that

finan-

no
snit

of a claimant on a matured policy of the Security pre-

tion which has often confronted receivers of failed life
a largo mass of future liainsurance companies, to wit
bilities on unmatured policies, not covered by adequate

Supreme Court,
The Court of Appeals

sented the question of priority to the

:

and preference was refused.

reasons, without
but leaving the decision against preference standing in force. Special laws have been passed,
as in case of the Eclectic, providing for an equitable
distribution of all assets, by direction of the court which
decreed the dissolution, and empowering the Superintliat
unnaturally,
their
first
businot
fund ? Reasoning,
tendent to surrender the guaranty fund for such parand
that
custody
of
assets,
the
all
the
in
ness was to get
those belonged to them, some receivers have demanded pose; but the Court of Appeals has decided that this
that fund from the Insurance Department, being also cannot be done, substantially on the ground, as we
influenced by the fact that if they were to attempt pay- understand it, that it would be an interference with
ment of matured claims in full the fund would be needed rights which have become vested under the general

dismissed

and a mass of claims already matured, without
funds to meat them. Three problems have at once been
presented
1, What shall be done with the matured
claims ; 2, how shall the other liabilities and interests be
disposed of 3, what shall be done with the guaranty
assets,

the appeal, for technical

passing upon

it,

:

;

But

for the purpose.

it is

Bupervision that the law

We

three problems.

is

statute.

part of the failure of State

Thus the matter stands unfinished. The State, after
hiving made it far too easy to organize companies, after
having failed to exercise any real restraint over the
unnecessary companies incited into existence by that
fatal facility, and after having ruthlessly destroyed some
companies which might perhaps have been saved had
ihe law permitted, has done nothing towards an equitable

entirely silent about all these

are informed that the State Attor-

ney General now holds that the Superintendent has
authority to dispose of the fund, but the law has conIt provides, simply, that the Department
ferred none.
shall receive and hold the securities, and, as we have
repeatedly shown, makes no provision whatever for the
As to the fund itself, settlement of the
disposal of insolvent companies.

affairs of the failed

Worse

companies.

any
have always refused to surrender it until so settlement at all, but has left the law as it was, the
ordered by competent authority; that suits have been companies meanwhile dragging along, year after year,
brought against them by receivers for its possession that in receiverships, to the consumption of all interests,
the question of the rights of creditors has been sub- without reaching a determination of any question
mitted to referees, but that the contest alluded to at the involved. The failure of State supervision seems to be
beginning of this article is only one step in the long con- almost complete, and the last step in its descent was the
test which has never been settled, although nearly thirty trial of the Superintendent, a year ago, for an admitted
oompanies have failed in this State during the last eight violation of law, and the refusal to remove him, for
it is

sufficient

to

than that,

say that the Superintendents, quite

has done almost

it

nothing

towards

justifiably,

;

considerations

years.

The mere custody

of the fund

is

plainly

may not prove

quence, the real question being the adjustment of the

Legislature

respective rights of matured and of unmatured claims,

subject of insurance as

Holders of the former
tracts, entitled

to

insist that

full

they are fulfilled con-

payment; but

it

is

plain

that,

neither in law (the law being silent) nor in fairness, can

j

of a

unless the Insurance

discreditable

We

sort.

some indications that the present

notice with pleasure

of moderate conse-

its

so recreant to duty on the

predecessors have been; bat

Department can be and

is

reformed

thoroughly, the recommendation of the Governor that

it

be abolished suggests the only course which the State
can now take, with any regard to its own dignity or to

one claim have preference over another. The obligation to pay a claim already matured cannot be greater the public welfare.
than to pay, or, more accurately, to be in condition to
pay, every other when it matures. To pay the former SILVER DEMONETIZATION AS
in full would deplete the available assets, leaving the
BUSINESS DEPRESSION

A CAUSE OB
IN EUROPE.

rest in the lurch, thus

preferring creditors in the

pronounced manner.

Matured

small in case of solvent companies, are paid

without prejudice to the rest

comes

—which
—the
is

;

question

is,

seriatim

but when insolvency

a financial inability

indefinitely

most

shall

to

l:iw, it

The

deposit

set

am

CuEONiCLE of Dec.
was adopted

in

14, 1878, that if bi-metallic

money-

the principal countries of America and

Europe, with free coiuing and the same relative value for it
adopted at. the rate of 15^ to 1, the price of silve, unless
share of
communication was interrupted, could never vary much

of claims,

?

should be remembered, was passed long ago
without any forecast of the future growth of the business.

simply a part of the reserve, required in
order that a new company shall have some suhstance in
it at the outset, and afterwards amounting only to this
is

:

a sequestration of

I

quite of Mr. Nourse's opinion, in his paper in the

continue so doing

on'e

because they happen to be matured, escape all
the li'ss; and, if not, how shall that loss be distributed

The

[Communicated.'J

claims, being relatively

from 60f pence per ounce, noiwitlistanding the London
Economist.
I

have never been able to understand the meaning of

the article in the Londun Economist of Nov.

16,

1878,

quoted by Mr. N., and, as far as I do understand it, ii is
at variance with the principles hitherto advocated by

from the com- the Economist.
pany'.H own handling.
It is no more the properly of one
Mr. N. believes that "the silver demonetization is
policy holder than of another; it is no more a guaranty of
"the major cause of the great business deprebsiou of
one obligation than of another; the very idea of its exist- ''
The South Sea
Europe." There are other oausei'.
ence implies that it is a part of what is to be iepl, not to
Bubble in England, the Liw Bubble in France, the
be spent, until the final settlement of the company's
English mania of 18'26, the Railroad mania, were acute
a pr.rt of its

reserves

affairs.
•

In previous articles

we have

set forth

what seems to

Thla commniilcntlon

to our readers, but

is

from a ContlnontiU writer very well known

lio witliliolds lila

niuue.

THE CHIIUNICLE.

108

[Vol.

behind of course, but
regular commerce,
mean
I
Commerce
away.
-passed
was not last•which is the distribution of commodities
the
ingly affected by them; the principles on which

long time, and

now

money enough

in

Tegular "merchant," and the banker standing beside him,
acted, were not altered.

of dollars,

tnaladief",

which

left their traces

—

per cent

3

We

1873.

?

XXV IlL

suppose there was
we have shown
cannot have decreased
I

believe

that on the highest estimate it
by more than 240 millions of dollars out of 3,600 millions

which

is

not quite 7 per cent.

the other hand, general consumption, meaning the
consumption of all articles, can hardly be larger in

On

But the American war of secession changed everyit was in 1S73 for the whole of Europe.
Cotton went up from 6d. to 30d.; a spirit of quantity than
thing.
or value, it may be -estimated at 20 or 25 per
^peculaCwn and gambling, assisted, ho doubt, by the In price
Wages are also much lower. The value of
less.
the cent
discovery of new gold fields, by telegraphs and
ever
rapidity of transport, sprang up, and which has lasted
the
altogether
since, pervaded everything and changed

fixed investments, loans, railroads, etc., etc.,

was
-way of doing business. This spirit of gambling
of
and
1S66
of
wars
the
fostered and stimulated by
of
way
foolish
the
by
least,
at
Germany
1870-71, and, in

ments,

handling the war contribution of 5 milliards. At about
the same time the laws governing limited concerns were
altered; most kinds of manufacturing, hitherto carried
on by individuals, were undertaken by companies; banking as well as production was extended far beyond the
power of absorption, even if consumption had continued

when

But, instead of progression,
manufactures declined rapof
kinds
consumption of
spending have been largely
of
means
one's
Every
idly.
reduced, be it by loans to insolvent countries, by bank-

money

fore the

of

all

ing, building, manufacturing, railroad and other swindles,
by increasing taxes, excessive luxury, the foolishness of

what

tion the insecurity created

some

we may

are called the working classes;

also

men-

the threats of socialists in

by
war with Turkey, the main-

parts of Europe, the

tenance of immense armies, etc.
Even if Germany had not touched its monetary laws,
the causes which I have tried to sketch would have

The so-called demone-

produced the present depression.

tization of silver has nothing, or very

little,

do wiih

to

it is

silver is not

demonetized

!

It

may be

was

than

in

is

How,
much less

1873.

about as much of it as there was
any rate when it was suf-

plentiful, or at

Even in Germany silver is not yet demonetized. About
400 millions of marks, in Prussian dollars of 3 marks,
are legal tender at the present day, and if part of them
are in the Reichsbank they perform the function of
as well as gold and note^.
Nowhere, says Mr. N., has standard silver coin full
money power, &c. I beg his pardon; there is no difference between gold, silver and notes at Paris, at Brussels
and here. The large quantities of gold lately gone from
Paris to London would prove it, if proof were necessary.
The par is 25 22j^f., exchange last week 25 33Jf.
So these of^rations could not have been made if any
premium had to be paid for gold in Paris.
That the variations of the gold value of the rupee
have been and are very inconvenient, no one denies, but

to say that they are the only or eve

i

the principal cause

of the unsatisfactory state of the trade between

England

an exaggeration. No doubt the gradual fall
the value of the rupee has caused a loss to the export

and India

is

so called

trade from England, but

—

import trade to some,

to the extent of the 1,600 millions of marks say 80
millions sterling coined in German gold; that is all.

—

wanted, there

it

less

scarce while, although

ficient?

in

it.

But

money be

and there-

for transaciions in such invest-

much, very much,

is

thpn, can

regular progression.

in

money required

it

must have benefitted the

not to the same extent.

if

If

must have been a net profit
What other silver has been demonetized? We. do not in the same proportion, though not to the same extent,
know of any. There are more 5-franc pieces in the when silver went up again from about 46d. to about 56d.
hands of the public, or as many as there have ever been Not the silver affair principally, but the cheating of the
«ince the end of the American war. Even the milliard Manchester people ia the quality of goods, and, much
(if it be so much) of silver in the Bank of France is not more than that, the doings of the Collyers and the houses
It is in circulation through the notes connected with the City of Glasgow Bank have made
demonetized.
representing it; it does exactly the same service as the India trade \yhat it is.
there was a net loss, there

gold.

Mr. Nonrse estimates the gold and silver money in
EqUALIZATION OF BOUNTIES.
Europe, in 1873, at 3,600 millions of dollars, since
Four years ago, the close of the Foriy-third Congress
increased by 200 millions of dollars total, 3,800 millions
of dollars, from which he deducts 950 millions of dollars was signalized by the passage, by an overwhelming
for demonetized silver, of which calculation the result majority, of what was known as a bill for the " equali-

—

•would be that the silver and gold coin in Europe has

zation" of bounties, which was quietly smothered in the
decreased 26 per cent. But we have shown that Ger- pocket of President Grant after the adjournment. Akia
many, at the outside, cannot have melted down more to that is what is known as the "pension arrears" bill,
than 1,600 millions of marks say 400 millions of dol- which was passed recently by the present Congress,
and France, &c., have coined, from 1874 to 1877, almost unanimously the dissentients in the Senate,
lars
at least 800 millions of francs in 5-franc pieces
say 160 strange to say, numbering only four and has received

—

—

—

—

So the amount of money in Europe,
even on Mr. N.'s theory, has not decreased, from 1873
to 1878, by 950 millions of dollars, but by 400—160=240,
from which you have to deduct all the gold coined in
Europe, if it should exceed the 200 millions of dollars
•estimated as an addition by Mr. N.
At iny rate, this
gold coinage will not have amounted to much less than
200 millions of dollars.
" Money is-scaree," says Mr. Nourse.
imillions of dollars.

Executive approval,

—

although

strongly

disapproved,
because there seemed to be no use in objecting. The
prior law on the subject was passed in 1873, and madfi
all pensions for injuries received in, or for death caused
by, the late war, begin at the date of death or discharge,

provided that application for the same was filed within five
years from the date
wise,

it

was

when

the right thereto accrued; other-

to begin at the date of filing the last evidence

necessary to establish it. The bill now passed repeals
be scarce, when discount in London has this limitation, and, of course, throws open a door of
long been at 2 per cent, in France 2 per cent also for a most acoommodating width to claims and claimants of

How

can

it

'

.

FEiinuART
thiH

1,

THE CHRONICLE

IS'O.i

character.

Tvfo ytars ago, the Congressmen

109

in

charge of the bill oatimated tlio amount rtquihilo for its
purpose at 18 millions; the I'l-nsion Oflico now thinks
fiO millions will be needed; Mr. Sherman's reported
It is safe to assume that the
estimate is 100 millions.
matters
is always the nearest
in
such
largest estimate

UtTKSttV 8«OHAi1UK Ar LONUOitl AND ON
AT VATKMt D«T1M.
HXUHANUK AT LONDON—
JANEAHYir

BXCHANOB ON

l.UNII«||

lAJJtDOV.

TIMB.

correct.

The

justice of claims for compensation for death or

disability caused in the

service

is

undeniable, and has

duty of making
provision arises. lii>t it has been discharged long ago, and
more than discharged. There must be some limitation
upon debts of this nature, and now, nearly fourteen years
after the war closed, considering the liberality of the law
and practice hitherto,it is no time to antedate at one sweep'
a class which may have been debarred before. Nor is the
antedating all, for, by the law, opportunity is also given
for claims ill-founded or even positively fraudulent. The
law principle which sets a limit of lime to the life of
ordinary del>is is that, the longer an obligation has stood
the more difHcult it is to test it by evidence; that whatever is valid at all cAn be brought into action within a
reasonable ])rescribed period; and that lo crowd the

never been called

in

question.

public tribunals with old cases
welfare.

Tlie

is

not for the general

The same reasoning properly

least this class of claims

applies to at

against the government.

valid ones could have been presented long ago, and

of no consequence to plead that there

where a

Ail
it is

may be cases
mnot be

limitation causes hardship, for laws c

made to nieec every case.
The buncombe known

as "political

considerations"

seems to be the only originating force of this bill.
Translated into the ordinary vernacular of every day, it
apjiarently means that each member of Congress supported it under the same feeling which has inserted in
nearly every poliiical platform during the last five years
a fervent gush of gratitude to the " soldiers and sailors,''

and under the belief that a largess of the public money
would help his popularity among his own constituency.
If votes were so given contrary to inward conviction, all
the worse. It is true that a legislator is expected and
chosen to " represent" his own constituency; but in view
of the general habit of testing each subject which comes
up, not by the question what its character is as affecting
the general welfare, but by the question what course
upon it will make popularity at home, is it not time to
begin teaching a higher standard of public duty
appropriation

is

made by

this bill,

and nothing

(it

?

No

Aro^lcrclHin.

Aiu-turdam

..

...

fbort.

U.iX

8 moa.

mji 2u.5x

Airwerp

Jan.

i&.5.'Xit«5M«

Ilnmbiire

Qio.m
aiiti

tii.nl

ti.ii

•hort.

Psriii

Taris

8 mos.

,

V euna

ar.ffdbf^nH
II.B) mill

MM OMM
®^u.ll>

nrrltn

Frankfort

io.at

*)

St. IVicrtburjf.

M 1^34 3 16

abort.

Jan.' 17.

»hori.

Jan.
Jan.

1'.

»hnrl.

17.

chtqai'8

Jan.
Jan.
Jan.
Jan.

17.
17.
17.

8 moa.
hurt.

I(.

8

12.10

81.48
ii.ilit
116

liO

mos.

88X

Smof.

t7.«

m daja.

S-.45
47 M)
4.86

«a4«V

4«

j.^ion"

IT.

AO dajra.

""'"

moj.

3

Jan. r.
Ian. 17.
Jan. 17.
Jan. 18.
Jau. 17.
Jan. IS.
Jan. Ih
Jan. 16.
Jan. 15.
Jan. 15.

v>.w 'S-isIs

aic.M

tt.UJ
ss.no

Naplei
Madrid

laiif.-a

a*ii>i

Vi'w Vork ...
Alexandria...

Uumoay

)

u '.'•aid.
u 7Hd.

dajB.

CalcaCU
BoDK Kong..
8h»nglial...

3

mux

ma9.

i».

St.

ea.

U. td.
M.tnn. ta..

IFrom onr own correapondenul

The drmaiid

for

London, Saturday, January 11. 1879.
money during the past week has been upon amore

very moderate scale, but

reluctance to lend has been.

evinced, reports having bsen circulated that further trouble in
the provinces is likely. It happily turns out, however, that the

imaginary; but, at the same time,
Thedirictora of

difficulty alluded to is entirely

the

p'^ocess of recovery is

the

Bank

severely checked.

England have made no change in their rate of
money have been steadily de-

of

discount; but the quotations for

The
and business ia now reported at 3| per cent.
exchanges are, of course, lees favorable to us; but gold continues to le received from Continental sources, and, Eotwithstanding the recent back (a lures, there is a tendency for Ciin toThe supply of gold held by
return from provincial circulation.
the Bank of Eugland ia as much as £:i8, 011,087, against £2 1,508,001 last year; while the total reserve is £10, G9J. 142, against
The circulation of notes is maintained at a high
£11.902,210

clining,

being

point,

as

much

"Oiher deposits" are

£33,508,812,

ss

against

against

£32,.544,5r9,

£i7,937,S87.

£3.),357,837

and

;

"other securities," £20,700,071, against £17,025,9GG in 1878. A
feature in the return is that the government his borrowed £3,500,000 to pay the dividends

;

but a large amount of taxation

now due, and sjpeedy re-paymems will be made.
The meeting of the shareboldera in the Union Bank

ot

is-

Londoa

has been hold this week, and has naturally been looked forward
to witli much interest, both by the proprietors and by the public.
The uaual dividend, has been declared, and the C'hairman has-

made the very satisfactory announcement tuat the bad debts during the half-year had not exceeded £300. He further observed
nor
that the bank had no large lock-ups of money, new or old
;

supporting any customer whose responsibility and standing it had any reason to consider doubtful. The ctsh reserves
a i.ounted to £3,777,000, and the money on call to about £1,5JO,000.

was

would The

it

directors consilered

it

prudent

to retain a larger reserva in

seem) can be paid under its authority until the deficiency cash than usual, which had been done without curtailing the
is remedied; but, of course, its effect will be to put into
There had, however, been some
usual advances to customers.
being, a mass of claims which must hereafter be recog- loss to the profit and loss account but the directors believed
nized and provided for.
How the money is to be raised that they must go for safely first and 'or profit afterwards. The
iuvestments were all immediately realizable in case of
whether by additional taxation instead of the reduction bank's
;

—

necessity; and, notwithstanding the prevalence of so mush disand timely, or by borrowing, or by the trust, the deposits entrusted to the bank by the public were
"re-issue" of legal tenders which the inflationists will about the same as they were six months ago.
take this opportunity to clamor for, or by some "fiat"
The question of the liability of shareholders in financial institatione is likely to ha once more seriously discussed, and an arguexercise of the imagined creative power of Congress
is
show that a limited
a matter of detail which nobody has taken the trouble ment has bee put forward of late tending to

now

desired

—

1

In fact, not only the method of solving
this problem, but the size of the problem itself, has been
conveniently left to the future.
To s.ay that voting
money in this way, not only without provision for raising
it, but without any knowledge within 50 millions
or so
to consider.

of

how

acterize

largo the
it

amount

is

to be,

is

reckless, is to char-

mildly.

bank

|75,rOO igBue of llobokpn City
per cent bonds, to fund
7 p»r cent bonds, was awarded to Mr. C. Zibriekie, of Jersey City,
«t 102 JS.

safer for a creditor than

an unlimited ons.

It

has long

been maintained that depositors would be unwise in trusting too
much to limited institutions but, at the same time, it must be
clearly seen that ihe enormous risks which shareholders incur
;

peojle'to transfer their money to
other investmentSk There is, therefore, a strong tendency for
the quality of the proprietary to fall away, 8.> that in the event
of disaster, it is quite likely that the proprietors of an unlimNo one likes to pay the
ited bank were mostly men of ttra».
are calculated to induce rich

debts

—The

is

ol

other people, and, consequently, the richer class, if it
know how great is the stake, and

invests in bankf>, will prefer to

accordingly. Th's is a po nt of very considerable import
ance, and will, no doubt, be we'l considered.
act

:

:

;

The demand for money during the week has been ezceedinglr
moderate, and short loans, on good Becurity, are negotiable at
very easy rates. The supply of mercantile paper in the discount
market is very limited, and the quotations for money are easy as
follows
Percent.
rate

5

Open-market rates
SOandSOdays' bills

3V®3%

Open-market rateB
Far cent
4 mouths' bank bills
8XS3^
6 months' bank bills
''<^!&3%
4 and 6 months' trade bills. 4 @5

iX&i>i
rates of interest allowed by the joint-stock banks and

discount houses for deposits are subjoined:
Per cent.

JointstocK banks
Discount houces at call
Discount noofed with 7 days' notice
Dlsconnt bouses with 14 days' notice

3U,
3i4

S%
3X

Annexed Is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of middling
npland cotton, of No. 40 mule twist, fair second quality, and the

Bankers' Clearing House return, compared with the four previous years.
1878.

ISIQ.

CircnlatioD, including
£
Dank post bl. Is
33.308,812
Public deposits
4,746.109
Other deposits
88.544.^79

1877.

1876.

£

£

1875.

£

£

27,t)8T,?67

28,'584,7';5

2-,96S.5fi3

26.621,011

4,«4.183

4,87.1,157

4,.^.S1,182

4,S6%939

19,W2,4I3

19,5<7,rT54

lp,-220,22i

18,7<i6,4'6

Other securiiies
Reserve of notes and

26.';()0,071

25,857,887
18.117,509
17,025,986

28,385.591

Government tecurities.

17,517,075

lli,288.9Hu
17,-377,241

15,343,772
15,824,771

10,e09,H2

11,90-2,316

14,694,91*

8,970,653

10,94),8IJ9

bolh departments ... 28,643,687
Propiirion f reserve

21,508,001

27,997,738

31,594,233

22,233,621

coin

Coin

and bullion

Tenders were received at the Bank of England on Wednesday
£490,000 in government bills on lodiir, of which £250,000 was
Tenders on both
allotted to Calcutta and £100,000 to Bombay.
There was no
Presidencies at Is. 6 13-16d. received in full.
allotment below that price.
for

The following

are the current rates of discount at the principal

foreign commercial centres

Bank Open

t

to liabllilies

Mid. Upland coiton...

Ko. 40

rate,

Bank Open

mark't.

p. c.

inmii

Brussels

8
4

Ameterdam

3X

4

4

Berlin

iV,
4J<
4>4
4>i

3«®1X

Pans

Hamburg
Frankfort
Leipzig

Genoa
Geneva

rate,
p. c.

p. c.
I

I

I

I

I

St.

Petersburg

Vienna and

Triesle..

33i

I

Madrid. Cadiz and Barceloua
Lisbrn and Oporto.. ..

4

6
5

©7
®6

4>i@5K

Calcutta

Copenhagen

4

p. c.

4X *h(a>iX

NewYork.

3X

mark't.

4KSS

6

4

4

mm mn

A

prominent feature on the Stock Exchange has been a demand
American funded five per cents and for several kinds of railroad
securities.
Prices have been rising during the week, and this
department of the Stock Exchange certainly presents a healthier
appearance than any other department. The aggregate business
passing in securities is very limited. There is very little speculation, and the banks give no encouragement.
There is, however, a large amount of unemployed money in the country, but
for

the prevailing distrust induces inyestors to await the progress of
events.

in

Bank-rate
Consols.,..
English wbeat,av.price

XXVIIL

[Vol.

3months'bills

The

,

THE (CHRONICLE.

110

Bank

:

.

44S4

39-59

iSii
5 p. c.

2 p.

3 p. c.

KH

95H

51s. 8d.
6 3-l(id.

6Jid.
8>4d.

miijo twist
10!<d.
Clearin/j House retum. 89,5l6,"0O0 100,834,000

5 p.

c.

4 p. c

c.

95K

93^

S2«

5l8. °d.

458. Id,

45s. Id.

6 13-t6d.

6 IS-lBd

7Xd.

UJ^d.
96,200,UC0

Is Cd.
1174 d.
98,310,000 111,887,103

There has been a somewhat better demand for wheat, and full
have been obtained both for home-grown and foreign
produce. The weather continues severe, and the navigation of
the Thames is much impeded by floating ice.
We have had
some very severe and boisterous weather round our coasts, and
the Channel passage betweei Dover and Calais has been difficult
but there has been, so far, reEarkable freedom
to accomplish
from shipwreck. Our prospective supplies of wheat are still
prices

;

The

produc'ng one good effect in stimulating a desire for opening up new markets.
Attention is
largely directed to Africa, and at a meeting held in Manchester
this week, the desirability of raising money to construct a line of
railway from Zinzibar to Lake Nyanza was discussed. There is
no doubt that a large trade could be done in cotton goods with
the natives of Africa, if greater facilities for trading were
Blackness of trade

On

afEorded.

is

this subject, a

correspondent of the Manchester

OxMTdian says
I have some information on which I can depend which tends
rather lo show that Mr. Bradshaw's movement" for developing
East Africa has been anticipated, and that the work will be
undertaken under influential and favorable auspices. More than
18 months since, nigotiations were opened by the promoters of
:

this prrject with the Sultan of Zanzibar, through whom alone
any scheme of a practical character can be carried out. His
Highness is well known to be a keen man of business and quite
alive to anything that concerns his interests and his power. He
*--has now an efficient force at his disposal, and he would proba-

bly use it, with firmness were any attempts made to obtain an
entrance to East Africa except under his auspices. His views as
to the measures to be taken have already been ascertained under
circumstances which leave no question as to the manner in

which any

practical

scheme would have

to be carried out.
It is
scarcely to be expected that, after the local support which he has
given to our anli-elavery policy. Her Majesty's governmeut would
permit of any attempt to act in contravention of the Sultan's
rights. It may be as well to mention that the railway question

ample. The following are the present stocks of wheat, flour and
Indian corn in London, compared with last year
:

Jan.

.

1,

1879.

,

.

Waterside

Annexed

Jan.

1,

1878.

,

Waters de

granaries. Bailways.
qrs. 308,131
Wheat
8,b7T
Flour
bills, 1,1,427
S50
FIbnr
fks.
4\1SS
81,160
Indiau corn, ..qrs. 110,614
2,571

granaries.

Railways.

qr8.551,'77
Flour
bbls, 6i.tiI8
Flour
sks. 37,422
Indian corn,. qrs. 45,164

60,798
2,466

Wheat

I

I

,

8,594

a return, compiled from official sources, showing
the estimated value of the importation of cereal produce into the
is

United Kingdom

during the first four months of the present
compared with the corresponding period in the three

season,

previous years:
1877-8.

187S-9.

£

1376-7.

£

£

1875-6.

£

Wheat

8,516,586

l:),S6n,6H9

Barley
Oats
Peas

2,21.1,997
I,5a4,!i80

S4U,7U

2.508,166
1,503,420
886,401

1815,080

677.!i.-.6

258 981
62i,483

2,822,268
2,105,7^8

S.IH.487

3,<^ln,:^5l

2,61 9,:S36

2,i84,42i

1,676.197

1.749,026

17.609,361

28,990.492

16,714,669

20,269,495

for cereal

produce

Beans
Indian Corn
Flour
Total

The

falling

this season,

being as

off,

its

1,7:11.731

piyments

therefore, in our

comparel with

much

6,500.079
2,044.942

predecessor,

is

11,789.:09
1,664,841
1,65S,1R2
231,r53
51t<.963

very considerable,

as £6,380,000, of which nearly £5.000,000 repre-

sents the reduction in the cost of wheat.
The following return shows the cauntries whence we derived
has been carefully considered by persoos competent to form an
opinion, and that the idea of a railway to Unyanyembe is our supplies of wheat and flour during the first four months of
regarded to be at least premature. It is considered that the first the present and last three seasons
object iu this proposal should be to develop existing trade, not
WHEAT.
by gr«at railway schemes costing immense sums of monev but
1878-9.
1876-7.
1875-6.
1877-8.
by improving existing facilities, assisted perhaps by shorter
Cwt.
Cwt.
Cwt.
Cwt.
3,i-72.633
road lines or the utilization of waterways. I send this informa- RusMa
3905,956
3,610.566
4,145,631
UnltedSUies
«.4
7,*i6,t76
8,596,906
9,057,
3,976,361
tion because I think it would be a pity were a considerable
British Norlh America
1.575,568
926,774
2,0:8,968
2,551,678
amount of public sympatby to be excited for an object in itself Oermany
2,J5',5i7
43,5,903
1,695,724
2,181,486
good and iu every way to be encouraged, but the success of France
bo,08ii
177
72,044
801,160
Chili
482,144
50,573
182,596
152,017
which IS likely to be jeopardized by the negotiations with the
Turkey,
Moldavia
and
Dultan as above described.
Wallachla
116,359
792,701
119,396
137,501
:

No demand

for gold for export is experienced from any
quar.
and rather coubiderable supplies have, in consequence,
been
sent into the Bank during the week. Silver has been in
luoder*te request on Austrian account, but there has been
no demand
for the East.
In the market for Mexican dollars there has
been
ter,

no change.
Pixley

&

The following

Abell's circular

prices of bullion are

from Messrs.

BOLD.

s.

per oz. standard.
per oz. standard.
ner oz

wSn^l3'?'y„;Ki
™'<?°'V"k?''''*
Spanish Doubloons
Bouth American Doubloons
United States Gold Coin

n^mr

Sarn,

German gold coin

..H'.l'.l'.'.iy.'.y^x

oz.'

77
77
7S
78
V6

76

ILVSK.
••
nSr I'ite ""*.•;• i
i

A-

British India

Other countries
Total

per cz last price.
per oz., none here.
Discount, 3 per cent.
.

QnicksUver, £«

7».

M,

O

toxa
St

9

(^
(^

»\&
i*<a
d.

last price.
R" °'~ standard,
peroz. standard.

T^'^"'*'°'''«^sr«. Gold

rhni.Tn^'n"""
ChlltanDoUars

d.
9

4»X@

@

50
i6k((A

...,©

....

4-,0.462

103,N47
896,311
67o,657

922,178
1,516.921
728.S00

1,462,154

2,157.189
569,072

17,120,14»

21,511,764

12,503,000

21,692,971

1,I1;JH,868

1,394.072

FLODB.

Germany
France
United States
Brltifh North America
Other countries

:

*

SS.»?.^

Bsypt

Total

108,311

3W,164

1,211.2.3!)

8l.3,6-i4

379.303
383,812
690,716

183.106
690,291

•M9,74i
806,734

468,0b5

82l,24«
606.163
788.860
187,649
331,044

2.558158

2,78\819

2,066,3)0

8,132,957

361,203

5:5,491

1:19,934

During the week ended January 6, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 37,891 quarters, against 29,765 quarters last year;
and it is estimated that in the whole Kingdom they were
151,600 quarters, against 119,000 quarters in 1878. Since harvest,
the sales in the 150 principal markets have been 1,043,384 quarters, against 850,369 quarters; and it is computed that in the whole

Kingdom they have been

4,173,200 quarters, against 8,441,500

J

:

Pkbrdary

1,

,

:

.

:

THE (^HRONKJLE.

1870.1

Ill

qaRrtera in (be correapondiD); period of iMt leasoD. Without
reckoning tlio Boppllvi (uroietied ex-graniry at tbe commt-nrc-

are looked forward

meol of tbe seiaoD, It ia eatlmated that tha lollonlog quintiili-a
of whrat and Hoar bave been placed upon the Briliih markolg

Tiie demand fur money during the week baa been exceedingly
moderate, aod the inquiry aeema to have fallen oS even •ioestbe
Biuk rate was reduced. The supply of bills Is veiy limited, and
seems to show a tendency to be further curtailed. The following are tbe present quotations fur money
rer cent. Open mnrlcet ratpi
Per nat.
— 4 mniiihr,' liai.k i>ill
Bank rate
J a9)i
42ft

•Ince barveat
1877-9.

1978-9.

cwt.

Import* nf wheat
Imuorla of Hoar

1878-7.

187B 8.
CWI.

cwt.

S,:fil,'49\

a8,:^3.1I)
s.nirtuii

13,781.108
» IM.V.'l

l!<,08l.600

H,«16.0.0

ir.ni,.ooo

13 818 738
4,114 417
l^.86l,l00

S9,8J'.&18
• 71,543

41.115,748

«

4it,llll.lSI

Rcialt
33,593,0S1
Aver. prIcBor EnK. wheat foraeaaon 4ia. 4d.

40,3iS,n3

18,S«/.4)I

bome-gruwn prodnco

8alea of

Total

Export* uf wbaat aod dear

Tbe

',9l,S9:i

bia. Id.

33.1 8.1,7

I8i

»l,MiO

32 561. « 17

4t.0l9.333
tSi. loa.

54:1,

47i).

lid.

anxioiy, as there

to

much

with

iotereit, if

not with

aome

a large floatinic debt to deal with.

Is

:

I

I

Opoii rnnrket rules:
3 and 6 dnya' bills
8 muiuha^ biila

8^1 M

I

i

6 moiiihA' hank bill-

a

|

4 uiid 8 mixitlia' Iradebllla.

3J<^

3(3)2

•HA^M
Contrary to ihe practice which has nearly always been ob.
served, tlie banks and discount houses are allowing oo!y 1^ per
<

abow tbe Imports and exports of cereal cent under bai.k rate, instead of 1 per cent, wlilcb depositoni
prodace into and from the United Kingdom since harvest, viz,
have hitherto received. It ia obvious, therefore, tliat the lenders
from tbe first of September to the close of last week, compared of m'ney are at the present time agreed upon tbe point that
with tbe corresponding period in the three previous years
it is not wU'i to cut thiols too line.
The following are the rates
followlnf^ flgurea

:

IHPORTS.

Wbaat

cwt

Barley
Data

Indian
floui

1877-8

PI
6,49M8«

S3,i3>,:ia
6,6 J8, ^4
4 6 •'S.SBO
8t0,«14
1,81<,373

4,g;i 488

Peas
Beans

Oom

1;!0.U99
638,1118

....

of interest for deposits:

1R7P-9.
lfi.f90

11,19:.8S«
»,761,»95

1878-7.
I3,7B4,a)8

83,843 ^38

5,S85,al

4,17",V2

,

ID 8,(i34

680.483
1

lO.nj.MM

18,879.; 16

3,016,634

»,i;4,52»

The meetings

1

8.414,417

axwJars.
Uliaat
Barley
Oats

cwt.

67,7.M
45,321

Puu
Beana
Indian
Ploor

78M86
7 4»0

771.425
24,3i4

.

1)0,8SJ
65,057

4). 175
19,l';8

S06.193
16,179

99.8«
t.Stt
4,168

15.^41

Olasf^ow Bank, and that not only will

8, ill

liONDON, Saturday, January 18, 1879.
the directors of the Bank of England lowered
their rate of discount to 4 per cent,
Tbe movement was fully

On Tbarsday,

anticipated, the open-market rates being !} p^r cent beneath
those current at the Bank, and the market still presents an easy
appearance. There seems, however, to be no expectation of any

badly during the last six months. If their business has been lees
extensive, they have obtained higher rates of interest, and this

has enabled them to pay dividends equal to those distributed in
the corresponding period of last year. There can be no doubt
that, painful as is the process, the trade of the country is
•

becom-

-

ing more sound and, as all raw materials continue very cheap,
while capital is abundant, we ought to begin to see gome indi;

cations of

improvement as the year advances.

But, for the pres-

ent, recovery

Is checked, not only by the difficulty and delay,
which are almost always experienced in escaping from a period
of distrust, but also by the disputes which continue to exist
between masters and men. The former are, in many cases,
of opinion that the men will have to return to the working
day

of ten hours; but the men resist.
A large section o'. the country still asserts that the cause of the
present dulness of trade is tho foreign policy of the
government.
The political situation in Europe, since the publication of the
Berlin Memorandum, has obviously had an adverse
effect

upon

the trade of tbe world; but that situation was not entirely
of the
present Ministry's creation. The policy of the
government has
had the support at all events of a large majority in Parliament,
and it cancot be said that it has been unsuccessful.
If the
Liberal party bad propounded a plan which was
calculated to be
more successful, the country would certainly have accepted
it,
bat they simply found fault, without pToposing a
remedy. Such
a course of action is not statesmanship.
We are now expecting
soon to see an end to the Afghan war, and
the country is in
hopes that on the re-assembling of Parliament
matters of domestic
Interest will be discussed.
This week's Bank return is favorable, and the
propirtion of
reserve to liabilities has improved from
2Si to 30j per cent, A
prominent feature in the return is a decrease of
£1,509,259 in
the amount of loans and discounts. There
has been a decrease
of £354,875 in the circulation of notes
and of bank post-bills,

and an increase

£534,693 in the supply of bullion. The
Iccreaae in the total reserve amounts, therefore,
to £903,030.
Government continues to borrow of the Bank, and there is a
decrease of £336,220 in public deposits-that is, in
the Treasury
*-'
balance- -notwithstanding (hat a large amount of taxation
is now
in coarse of payment.
The financial proposals for the new year
of

all

the bills unsettled by

them be paid in full in a month's time, but that they will have a
handsome balance to hand over to the liquidators.
Tbe only bank in which there is any large decrease in the
depisits received from the public is the London and Wcstmiaster, there being a fallinsr off of as much as £5,000.000.
There is
also a reduction in the amounts held by some of the other banks,

1.3,4H>(

improvement in the demand for money. Trade l-i still very
restricted, though certain branches report a somewhat better
feelinfir.
No attempt is being made at departing from the cautious policy which has so long been pursued, and it is quite
certain that Fpeculation will find no ebcouragement from bankers,
who are still reluctant to lend, except upon securities of indisputable soundness, Tbe banks have not, however, been doing

itji

of

man of tbe LonHon Joint-Stocc Bank said thai, as the London
agents, they had had considerable transactions wiih the City of

e<!,«09
9,s|,0

10,-1 1

51.6i3
10,9!0

t,VU

Oom

SI8,?01

5",3.1I
11.7.1S

2^
;

the shareholders in joint-stock banks rontiniie
to attract attention, but it is very satisfactory to no:ice that the
opinions elicited have been decidedly encouraging. The chair-

397 718

7,5S4,S'

1}f

UiicountuouatiHaicaii
Discoant hoaees with notice

4,II0,9''l

1.8 «,8

Percent.

,

Joint-atnck banks

but

it is

not considerable.

The Indian Exchanges show
and the price of

a very substantial improvement,

silver has, in consequence,

risen to SOJd. per
on Wednesday were quickly
disposed of, tenders on Calcutta at Is. 7 5-16d. receiving only 5
per cent, and on Bombay at Is. 7|d. In full. Thefe has been
scarcely any demand for gold for export, and further supplies
have been sent into the Bank. The stock held by the Bink of
England amounts to £29,183,380, against £24,582,994 last year.
"tum'Dg from provincial circulation, though in small
1 ^°'° '*
1"*°''''''SI' "» possible, however, that tbe return movement
^'°™ "^* provinces and Scotland may at an unexpected moment
"^*"™^ ^"S^ proportions, and the Bank would ihen be burdened
"'"^ * reserve which would itdicate that a want of enterprise
!
existed throughout the country.
Tbe circulation of notes is still

The Council

ounce.

bills offered

'

nearly £33,000,000, being about £5,000,000 in excess of ordinary
Sbouid these notes return, as well as the coin from Scotland, tbe Bank of England would show a position of great, but
years.

unwieldy strength.

Annexed are the
principal

closing prices of Consols and

some

Redm.
UnltedStates 6«

Do
Do
Do
Do

5-408.

..

Do

10-408,58
funded, 4>^8
48

88

Massacbaaetta 58

Do
Do
Do
Do
Do

58
S<
58
5«
5s
Vttginia stock Ss

Do
Do

isjs
1894
1900
1889
1891
I8SS

_

1906

85
80
55

88

New

funded fa...

AHEIUOAIf DOU.AB BOHDS ARD 8HABC8.
Albany A Sofqnehanna cona. mort. 78, Nos. 801 to 1,500, Incloeive, guar, by Del. A Had. Canal
1906
.Atlantic A Great Western let M., $1,000, 78
1901
Do
3d mort, $1.000, 78.
1908
Do
3d mort., $1,000
1901
Do l8t mort. TruBtees' certiDcatea

Do
Do

do
do

do
do
Atlantic Jilaalsj-lppl A Ohio, Con. mort, 78
190B
do
CommittcHof llondholdcnt' ctfs
Btltimore A Potomac (Main Line) lat mort, 8«
.. 1911
do
(Tunnel) let mortgage, 8a. (gnar. by
Pennsylvania A Nn. Cent. Railways)
1911
Rarl. Cedar Rap. A No. RR. ,>f Iowa, let mort.
Can*da Sr.aibern lot mori. new iseae, guaranteed for 10 yeara
8d
3d

from 187S by N. Y. Central

Do
no
Do

18.

!....1907
I875

Loaisiana Levee, 86

Do

Jan.

1S8!
1885
1887
1881
1904
isil

1867,68
fnnded, 5s

Do

Central of

of the

American securities

New Jeracy

shares
mort.. '8

corn*,

adjastmcnt boads
IDC

me booda

Central Paclflc of Call rornla, let mort.. 6e
DoCaliror.AOrciion Ulv.latmort.gld.bds,88
Do Land arant bondi*, 6!4.

1903

1899
1901
1908
1898
1894

c£^,^Zl'Sll.\Z'^^T^oit.r,6^i>i,:ii .:::::.::::::!^

96

S8
9

i
4
4

4

I

17

(

JO

i
c

5
IS j
SS i
90 f
88

f

74

C

'9
39
79
96
60

Q
fl

j

j
fl

lOtMf
9i

!?

*

f'g

:

—

..

:

——

.

THE CHRONK^LK

112

Jan.

Bedin.

^..

Del. AHud. Can. mortgaRO bonds, 79
1 »t mortgage,
mortffaffO. 7S
Detroit & Milwaiikee" 1st
2d mortKago, 8»
Do
Brie $100 shares
Do reconstruc'-ion Irasteee' aesMsru't, S' paid
do
$4 paid.
do
Do
Do preference, 79
Do recoDstniciion trustees' assessmt, IS oaid
rto
$2 paid
Do
Do convertible Kold bonds, 78
"8
certificates,
trastees'
reconstruclion
Do

tSIS
1815
loio

••

The following

Lioerpool Provisions Market.

19.

'p
@
@ 50

97
45
45

s.

Pork, Wes'em mess.^ bbl. 41
Bacon, longcl'r, new.^fl cwt. 25
"
-6
Bacon, short c.'r. new
tc. 72
Beef, |.rime mess, new.
cwt.
31
Lard, prime WfSt ...^
"
46
Cheese. .A,mer. choice.

^-js"

:r„,,S o2w
ii.3X@ 23Ji

3^
33

...

1904

(& 40

l>4<9 '">»

Petrol'm. ref. ^ gal. 9>i-9)<
......
Petrol'm, spirits "
.

^
Parl«

Bai.k

Open

rate,

market.

cent,
3

perct.

Bmssels

4

Berlin

4
4

Hambnrp
Frankfort
Leipzig

3!4

®3?i

3

4

Oenoa
Geneva

celona
Lisbon and Oporto

SJiSiJi
3Ji

Open

rate,

marktt.

...

4Ji

4X@1X

6
6

6
5

3>i
4

8

Copenhagen

4X

^-^

6

9

31
4o

9

31

9

46

im-nn

1877.

1373.

1879.

$1,591,9!0

$1,172,987

2,791,655

4,391,7.33

Total for the week..
Previously reported....

$5.IOi,3-)9

$5,641,411
17,441,161

$t,293,5;5

22,294,115

1B,3!2.091

$•1,364,720
11, 417,715

Total since Jan.

$a?,70.\9S4

#23,032.492

$10,838,666

$17,7151,435

1

.

$5.6;0,728
11,231,815

18J7.
$5,5i.5,lS0
16,'i5l.592

$7,032,913

Previouil J reported....

i7,14i,6r3

1879.
f.5,2i5.768
14,627,.i04

Total since Jan.

$19,902,511

$22,331,752

$21,475,611

$19,'Si,0?2

1S:6.

lti,Bia,50O

New York

3l,<20,9t2

ti0"),4a0

4S,6S5,'55
t84,331

059,OM

44,0!4,lli
100,198

parison of tlie total since Jan. 1,
totals for several previous years:

Result
40,127,371
Av. price of En;, wheat for aeason. 41s. Id.

41.781,521
Sis. Od.

33.6«l,!)r>9

43.!.18.!)41

48?. id.

468. 8d.

Wheat

1S73-9.
19.561,218
5,652,987
4,3«4,6?7

cwt.

Birley

Oais
Pjas
Bean*
Indian

54S:K3
11.(61.850
2,339,588

10,501.731
S, 53,961

';6'St87

com

I'lonr

:

Total since Jan.

4,2I.3,7I>1

1375-6.
24,801,231
4, 11 0,269
4,1»R,001

63) 8(4

63^..^•:9

14,r;81,2!3
5,47.5.1

4?

1.70^, :9!

!.4:J8,6i

14,176,651

cwt.

76!i,4S0

Bailey

68.219
4.%835

Oats
Peas
Beans

7.66.1

,

1

2,9)2

ludian corn

13ii,0

riour

10 2 8

Jan.

10:1.009

Jan.

Jail. 2b.

per oz
d. 5(i;i
OuutoiD ror uuuey
95 15-16

Jan 2;,
50X

.Im.

Jan.

23.

51 <
15-16 95'.i
account.. '5 15-16 95 15-16
O.S.6a (5-20S) 1887....!;!S'i
10;) )(
10S?i
n.8.10-40s
Ii7>f
107
107)u
V. 8. 5b of 1831
1:.7W
in:>i
107
U, 8.4J<Bof 1891
U8»i
lORJi
103;<
Erie com stocl:
27
26 Si
•27}i
IllinolB Cc'tral
S6V4
83
90
Pennsylvania
3.V4
35 X
35>f

Reading

Liverpool Uottm Market.
Liverpool Breadstuffs

—
—

Jan.

30.

2i><

27>,'

ta%

90«

13]^

i3>i

31.

Mod,
8.

A

23

Taes.
d.

B.

23

Wed.
B.

d.

23

ma
90
86 !i

Thnr,
rt.

•lo

"

Cal. club

miied soft,
do prime, new

•Corn,

old,

9

7

FrL
a.

6.

23

8

23
S2

3
H
6

7'"

i"h
8

9
qr,

'•

'fl

8 10

9
11

8 11
9 2
83
22 3

8

9

8 il
8 11
9
21
22

2

3

8 9
8
8 11

U

9
S3
22

2
3

3,32I,bO»

same periods have

Amer. silver
Liverpool
Puerto Cabello... Amer. silver
Amer. gold
Foreign gold
Bremen
..

21— Str. Santiago de Cuba ..Havana
!4— Str. Etna

Aux Cayos

Ainer. gold
Foreign gold
Foreign silver

Jan, 25-Slr. Ailfa
Jan. 25— Biig Emily....

Aepinwall

G

Total since Tan.

1,

Aepin'wall

.
.

18;9 ($531,463 silver

»i

6
9

8

11

8

11

9
2!
22

9

1

3

....

100
1.18)
116
ICO.OOO

772

...

18,467
6,760
6,900
18,709
2,919

Amer. silver
dd da«t
Amur, silver
Amer. gold
Amer. ei'ver
Amer. goH
Gild dust

liel.ze

2o— Sir. Acapulco

$100,000

Amer. siivi-r
Amer. silver
Amer. silver
Amer. gold

and $113,122 gold)

Same time

22,.'53l

S6a
815
416
420
1.700

380
$£82,539
4 12,251

$711,790

lu

$6r5.502

1872

$107,139

1,946,^26
893.2:0
13'.3i2
94.-; 12

1871
1870

8,o..o.ua8

llr;.939

1869
1863
1357

194,174

600.194
1

13.616

155,514

official statement of
Elevated Railroad Company for 1873 shows
ihat tlie ear'inBS of the road from June 5, 1878, to January 1,
1879, were i{638,759, the eipenees $339,670, leaving a net income
ot $349,189.
The capital slock of the company is $3,155,000:
tlie first mortgage bonds $3,000,000, and the second mortgage
bonds $4,500,000. The cost of the property and construction was
The road is equipped with thirty-five locomotives
li!lO,000,000.
and 100 passenuer cars. Tue projec'ed length of the road is
twfnty miles double track there urd actually built six and a half
miles. OlFicers of the company say it is expected to run trains
to the Eighth avenue station on the Fifiy third street branch in
two w ^k8. Connection at Ninth avenue is being made with the
New York Elevated Road, and ag Boon as stations are built the

Metropolitan Elevated U^iilrnad.— The

1

9
9

..

the Metropolitan

13

«.

Koeln

.

2rV

3i

1866

Bremen
Havre
St. Thomas

Anierique

.

—See special report ou cotton,

Sat.
d.

s.

.

Rhein
Neckar

Same time m

107
107

3,214.379
7.149,311

I

Jaa.

13^8.
1877
,876
1875
1874
1873

lOiJi

.

3.1'i0.309

Total for the week (?24i,027 sliver, and $36,512 gold)....
Previously reported ($33.5,441 silver, and $103 810 gold)

to
96 5-16
9i t-16

.

..

18';7

Jan.

Jan.

Market.—

Fl inr (extra State)... Vbhi. 23
Wheat, spring. No.* » 10 lb
"
do
do
No. 3
do
winter W. new *'
do
Southern, new. "
do At. Cal.' white.. '•
.

Jan.
oO

96 5-16
i5 l:j-16 96 5-16
103%
104
107
l''i7
107
lO'v'i
If.D
109

mi

&

59.

50H'

95 li-16

<-o

. .

1870
1369
1868

:

80— Str. Celtic
SO— Birk J^cud

daily closing quotations in the markets of

^Silver,

.... $?, 405,521
2.931.69.3

1871

I

$1,128,666

in

of specie at this port for the

follows

Jan. 2ij Str.
Jan. 21— Str.
Jan. 21 Str.
Jan, 21- Str.

of England, at their meeting on Thursday, reduced the rate of
discount at the Bank from 4 to 3 per cent. The bullion in the
Bank has increased £396,000 during the week.
Sat.
Mon.
Tnos.
Wed.
Thar.
Fil.

Phlla

1,649,301

I

t3;.6S3

I

t>een as

EnsllsU Market Reports— Per Cable.
London and
Liverpool for the past week, as reported by cable, are shown in
"the followins summary:
Jjondon Money and Stock Mark(t.—The directors of the Bank

The

7,401732

10.815
61,019

19,118

|

2,i60,.50i

The imports

4.^ll>l

.'>

35,960

2,303
1,000

1,090,983

and $41,343 gold)

Same time

'

H73

9 1,801

15.3:5
S18,:»l
16,;27

1879 ($1,084,323 silver,

1872

512.476

6,-25
4.190
11,990
8,397

1,

m—

$1,396,609
971,491
l,36b.0<9
9,8114 321

7,«Si,392
3,570,361

11,-iOI

$3,268
2',llS
5,' 00

,

1878
1877
1878
1875
1874

;',266,U31

804,049
2-, 397
t8,651
12,162
9,771

specie from the port of
1379, and also a com1879, with the corresponding

Total for the week ($32,631 silver, and $5,000 goldl
Previously reported ($1,031,610 silver, and $31,313 gold)

EXP0BT9,

Wheat

.

Same time

6,1153,147
4,71<3,853
S4.),HI9
1,62U,!;8J

for

—

IHrORTS.
187S-7.

show the exports of
the week ending Jan. 2.').
will

Corinto, C. A....Mex. silver dols..
Jan. 30-Str. Colon
Jan. ?5— Str. Neckar
Southampton
Me.^. silver dols..
Jan. 25 Sir. Ciiy of Vtra Cruz... Havana
Spai>. g'lid coin...
Jaa. 25— Brig Thetis
Curacoa
Mex. silver coin..
Silver coin

—

•with the corresponding period in the three previous years

1..

The following

The following figures show the imports and exports of cereal
produce into and from the United Kingdom sine; harvest viz.
from the first of September to the close of last week, compared

1877-S.
2!.011,Sni

1873.

1675-6.

1876-7:.

15,503,000

8X

-14

11

3,916,2)3

cwt

4MI-iJ,604

Pri.
d.

tl,7:.-i.ie3

24,«l,aai
iSTH.-Wl

Total...Hrports of wheat and flour

d.

&%

3,421,691

cwt

,t,lS8.%l

Thar.

8X- h«

NEW YORK rOR THK WBKK.

14,3Sn,S!8
2,«6.fi3t
17,7*4,100

-J.OS^.SSa
18,7:;2,00J

6

$1,9.3.5,17.5

Fortheweek

Bince harvest

34,0r,89l

ti

In our report ot the dry goods trade will ba found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from tlie port o: New York to foreign pins for the week ending
Jan. 33:
EXPORTS PROX NBW YORK FOR THE WEEK.

of wheat and flour have been placed upon the British maikets

ciwt

U

6

General merchandise...

DryGiods

quarters, against 3,o7o,500

19,2«l,il8

32
47

d

d.

8V

1876,

quartets in the corresponding period of last season. Without
reckoning the supplies furnished ex graniry at the uoramencement of the season, it is estimated that the following quantities

Imports of wheat
Imports of flour
Sales of home-gro .vn produce

n

7.)

Wed.

Tues.

d.
9
13-1

FOBKION IJtrORTS AT

quarters, against 134,000 quarters in 1878. Since harvest the
deliveries in the 150 principal markets have been 1,080,084 qrs,,
against 81)3,831 quarters ; and it is computed that in the whole

cw^

25
26
70

a decrease in dry goods and an increase in general merchandise.
The totai imports were $G 264,7i0, against $4,951,401 the preceding week and $3,^23,432 two weeks previous. The exports
for the week ended Jan. 23 amounted to $0,3.55,703, against
The
$5,950,319 last week and $4,247,380 the prjvioua week.
following are the imports at New York for the week ending (for
and
lor
week
ending
(for
Jan.
23
the
general
dry goods)
merchandise) Jan. 24:

;

187rT78.

6

B.

4)
as
26
70
31
47

—

any change in prices.
Durirg the week ended January 13, the sales of homegrown
wheat in the 150 principal marliets of England and Wales
amoutted to 37,400 quarters, against 33,472 quarters last year
and it is estimated that in the whole kingdom they were 149,600

1878-79,

25
26
7i

Fri.
d.

d.

s.

42
2i
26

Imports and E.icports pou the Week. The imports of
week, compared with tliose of the preceding week, show

The weather has been less severe, but it slill presents a wintry
The wheat trade, however, remains quiet, with scarcely
aspect.

kingdom they have been 4,323,000

6

Thar.

d.

6.

4!
36
26
71
32
46

last

@7
@6

4y.&i>i

Calcntta.

d.

©auxmcvctitl mxHW^isttllKMtoxxs %t\\is.

cent, T>err».
6
4,Vi@^

New York

3?i@3>4

4
4
4

Bank
St Petershnre
Vlennaond Trieste. ,..
Madrid, Cadiz and Bar-

i'miy,

9.

41

Mon

Sat.
d.

are the current rates of discount at the principal

foreign maittets

Wel.

Tues.

d.

8.

41

London Petroleum Market.

.;;;;«;;;•
<

d.

^

;•

—
Mon.

Sitt.

im 50

d-;"

...

[Vol. XXVIII.

;

Febrcaiit

1,

THE CHRONICLE

1870.]

Uiiychd thai tlm woik of
tr»ins will run to Kljjli'y tliird iitreet.
I' In eTpi'cird to Lave the
tliu coluiuuK U itdvnnclnK.
road rt-ndy for Inivfl to the lUrlrm River hy July 10.
Un the t'ltKt Hide ihH euulDeers are enga^fud In iiiBkiDgr the porlI ha
work of Uyiiig tli« foundntiuim will
tioni for llo plllam.
noon bif^lu. The route for the exiersion of the road from Morrin
and Church atni't l« »onili to HowliuK <Jreen. acn 8» Bro«dw«y,
erection

north tlirouBii Hcavor, I'l'arl and Now Uowt-ry strcelii, (.'hatliain
iqaare. Divl-ilon and Allen Btreotp, Kirat avenue, Tweuty-thlrd
The lt>n|;lh will
flirert and S-cond avenue to the Ilarleai River.
be eiglil miles. The complete circuit of the city will be made
when a connecting line, aa provided in the charter, is built from
Second aveiiue to Kiuhth avenue. The buildingn at the lower
end of Cluircli street have been purchared by the company, but
aome of the leaseb do not expire until May 1; go they cannot be
demolished before that time. The roadway on the east aide will
be heavier than that on the west aide, and will be arranged for
three tracks, tbe third one to he used for fast train:* or freight.
The Metropolitan Company will run trains from City Hall to
Chatham rquare on ihe f^aiue track as the Xew York Co., they
owning hair of the airuclure.

Philadolphia & Iteadin^.— For the month ofDdcember, earnings were as follows:
GROSS BECCIFTS.
Railroad

Canal

8Blo,s.,0

truffle
traffic

IO,Sifi

SleamcolliiTs

Blchmoiid coal iMrse:)

4H.0i9
li.t'i

,

Totil Railroad Co
Philadelphia Jb Reading Coal and Iron

tSSl.l.SS

Co

ToUlofall

$l..W4,0il.')

Mii.GII

1M,flii

$1,<58,S97

t».059,S7i

.WS.'.f*

64T,7ir
S8l.1o7
5 2,0iH

T0N-NA6E AND PAasENOERS.

Tons Of coal Carried
Tons of mer( haniiUo

carried

2^S,117
475^^04
ii,iji

Faaseng-re carried

ToosCoal

iDculliiTS

113

TicNNKKsiCK Raii.iiO.\i> BeNUR.— Soiti have betn inslitutrd in
Tenne-aee liy C. A. Stevens, • bolder of TeoDeaaee State bonds
nh.ch were Issued and loaned to railroads, under Iha laternal

improvement laws of that

The

State.

bears date Feb. II, 1^.53, which provides that
upon the grading and biidging of the rojd, by private subscription, th>^ State should loan its credit to the extent of ten thousand
dollars per mile, in the shape of bonds of the State. These liiuds
bear no mark of the road to which the same were issued, but
refer to the act under which they were Issued. The act required
the Comptroller to charge up the bonds to the roads, showing
the number, dale, &s. To indemnify the State against loss on
account of the Issuance of the bonds, It took a statutory mortgage
on the roails. The act required of the roads the paytnent rf the
semi-annual instalments of interest to the fiscal agent fifteen
days in advance of the maturity ol the coupons upon the State
bonds loaned to the company and it further required the roads
to pay annually in the bonds of the Stale a sinking fund of one
por centum pel annum on the amount of the bonds joined. Tliis
was increased It two per centum per annum l>y a subsequent act,
bearing date Feb. 21, 1850. In the original act ihe penalty for
nonpayment of interest and sinking fund was sequestration,
through the appointment of a receiver by the Uovernor. By act
of 18ia, ihe penalty for nonpayment of sinking fund wa<i foreclosure and sale of the road.
Under this and sub.^eqnent enabling legi.-^lation, the State soli
out sundry roads known as defaulting roads, to which had b^en
loaned about $10,000,000, through foreclosure suits instituted at
tile instance of the S'ate in tiie Chancery Court at Nashville.
The bondholders holding the bonds loaned to these roads were
made parties to thefe suits. Ths Court decided that they did not
liold a lien on tiie property, but tint the Hen tnken was personal'
to the State, aid no appeal was taken from ihese decrees.
Sales
were made under them which have stood lor about ten yeais
undisturbed.
The orginal act of Feb. 11, 1852, contained the following section of res?rved power to the State
" Section 12. Re It enacted that the State of Tennessee expressly reservrs
act

first

;

:

TONS OP 03AL MINKD.
.Sy Coal

Uy

and Iron Co

811.048

tenants

Total from lands and from leasehold estates

The

decline

due

re?eipt»,

361.83!)

6*,()85

:i8,%6

31l,7ol

4 0,7nt

is accounted for in the falling off in tonnage and
to the reatrictions of the coal association, wliich

€xpired wiiU that moiiih, and did not include December, 1877.
PltUbnrr & L^tke Krip.— This is the company that received
from the Lak.- Shore & Michigan Southern a subdcription or
(300,000 to ii8 capital stock. At the annual meeting on the 15th
Instant the report of the President, Mr. James 1. Bennett, wa.s
read, embracing the following statement of the aSairs ojf the
company up to January !, 1879:

Amonnt of cepital stock snbfcribed
AmuUDt of bunds aDtburizod
Total

$J.O0O.fO(J
S.Mfl.0.

$4,000,000

..

Received from capittl stock, bonds, etc
Bzpeoded on account uf coostrnction

KUht

of

$.3,413,;5i
$-3,546,818

way

»a7,f>74

Real esuts

i;-0.061

Eqalp:uetit

4.?1

lacioenulB

19

The passenger and

437

5bO-

Pittsburg Virginia & Cliarlestoii.— The annual meeting was
held on the 1.5tb. The following is an abstract of the annual
report presented by President John Scott:
Ofosscarnln-s
Xzpenses
..
Hetreceipti

fl.'.S.SiiS

I48j,70

.

50,2j8

in the net eainings,

compared with

last

year, of $C 'JlS, and a decrease in expenditures of ^7,339, or an
increase in net earnings of |14,189.
Passcn 2crs carried
•><;7 190

Tods

'.'.'..'.'.'..;".'........

if freight

l'.,o'.rk

Railroad Mo'lgages and Erinipment Liens.— In tUe United
StatesSupti me I ouri,argumi nts were recently heard in the three
cases of Huidekoper and others, all arixing nut'of the Chicag DnnTille & Viucennts for- closure suit.
They involved the question
whether a court of equity before which a foreclosure ult is
j

i

tried has discretionary power, without the consent of parties in
interest, to appropriate any of the proceeds of the sale of the
mortgagfd property 'o payment of unsecured debt existing wlien

a receiver
appointed, instead of first satiafying the claims
under the mortgage. The decisions in those suits will be looked
for with much interest.
i.-.

—

Attention is called to the advertisement of the first mortgage
^
7 per c- nt bonds of Mie Rochester & S:ate Lino Railway Company,
offered by Mes^r. Walstou H. Brows & Bro.
These bonds are a
first mortgage hen at the rae of $30,000 per mile, interest payable haifyearly.
I he
earnings of this road are reported already
beirg in excess of the interest on its bonded indebtednei-s, and
it promisex still belter results in the future, as the control has
recently pss>ed into rossersion of the New York Central. The
bonds are offered at 07^ and acctued interest.
.

8

Under this reserved authority the Legislature increased the
sinking (ucd to four per centum per annum, and passed other
measures for tlie relief and protection of the State; and, in order
to aid the railroads to repay indebtedoe.^.s due to the State
through means to be raised by the use of the iddividual credit of
such roads as could avail of it, the Legislature passed an act
on the 25ih of February, 1869, declaring it to be for the gi^neral
neifare of the State that the roads should repay indebtedness dae
to the State and, in order to enable tlie roads to raise the means
with willed to do so it was provided that they might issue their
own bond", and as fast us payment was made to tue State in its
own bonds, the company's bonds for a like amount should be
substituted.
Under this scheme of f ubstitutioo, the railroads
issued about $14,000,000, paying a like amount of State indebtedness to the Slate in its own bonds; each railroad bond bears the
following certificate of substitution as provided by law
Railroad Comnonv hisptld off the debt to the
"I certify that the
State of rennessee. which was cr -ated by the loan or the bonds of said State,
and for intere!»t tiiereon, and ih it this 'lond Is s'ecnred iiy a first mort^a^e. and
is ifnt-d under authority ol law. and takes the place nf the lien which was
(Signed)
held by Ihe State.
En. R Pehnebakbr,
;

:

3.418,851

and the engine-house at
The freight-car equipment has
The locomotive and passenger

freight station

Pittsburg are nearly completed.
been completed and delivered.
car equipment has been completed. Five of the locomotives
have been delivered, and the remainder, together with the passenger engines, will soon be received. The opening of the road
has been delayed beyond expectations, the heavy rains and consequent high water in ihci Ohio River having demonstrated tiiat
portions of the line f hould be made more secure by placing the
road-bed upon a solid rock foundation. This is bi ing done, but is
retarded by the exireme cold weather.
Every effort is being
nade to open the line for traffic at the earliest date practicable.

Showing an increase

the ri>:ht to <-nact by the L<-gU ature thereof, hereafter, all sach laws as luay
be deemed nece-sary to pr 'lect the interest of the State, and to secure the
Ptate ^y iust any loss in c-nsequence of the issuai cc of bonds niider the provi^ioas of tills act. but in such initmer as not to impair Ihe vested lights of
the stocliholders of the companies."

" Comptroller of the State of Tennessee."

that for payments thus made the State
should assign its lien on the railroads and tlie payment
should work a complete discbarge of all claims of the State
against the roads making it.
The Tennessee bondholders claim that the indemnity of the
State was taken for their benefit.
In the case of the Mobile &
Ohio Railroad Co., the Circuit Court of tiie United States decided
that the substitution acts were valid, and that the lien was personal to the State and not for the benefit of the l)ondholde-, just
as the Chancery Court at Nashville had previously decided.
Indeed, it is hard to see how any court can decide otherwise, as,
by the seventh section of the original act, payments to the sinking
fund were to be made not in the identical bonds issued to the
road, but in any Tennessee bondF; and the substitution acts did
not cbange the nature or kind of payment required under the
original act, but only accelerated it.
From the best legal opinion, we believe it is generally conceded the present suits will be harmless so far as their ultimatB
results agaiutt the railroads are concerned.

The law provides

—

—

The Dnnkcrt' Almanac and Rfgittcr for 1879 is now issued,
containing; full lists of the National Banks, State Banks and p:ivate bankers of every city and town in the United States ; the
president, cashier and capital of each bank, and the New York
correspondents tiie banks and bankers ef Canada and the British
I'rovincea ; alphabetical lists of cashiers and assistant caehieis,
Al.-io, a digest of the laws ot each
&c., &c.
State and Territory
relating to insolvency and assignments; the statutes of limitations
on notes, accounts, judgments, &c.; the interest laws and the laws
of grace on eight bills, &c. Price three dollars; forwarded to any
address on receipt of price.
I.
S. Ilomans, publisher, 39i
;

Broatlway,

— The

New

\ork.

Raiway Ag« Publishing Comoany,

of Chicago, has
book eu.itled Railw.^y L\w pon Railw.w Mbx.
This bandbiok, in the space of fifty page.", gives in convenienl
shape the principles of law applicable to the duties of a railroad
employee.
lis scope is limited t the duties iieriainiog to the
passenger business embracing o* aptera on " The Care of Passengers," " The Pdfsenget's Ticket," " Ejectment of Passengers," jec
issued a

liiile

>

:

THE OHRONICLE.

114

[Vol. XXVIII

EIGIITY-FOURTn CALL FOIl $20,000,000, DUE APHIL 24, 1879.
OoutWH nomls.—^Bf*, Nor. 5."..001 to 64.noO; SKiO. Nos 70.001 to
8.1.000: $500. Nos. 55,001 to 62,000; $ ,000, Nos. 73,001 to *86,000.
1

N.VTIONAL B.WKS OKGANIZBO.
The United Stales Comptroller of the Currency furnisUes the
followinfT Btateraentof natiojal banks orsanizod
Anihoriz^d _fnp.ital,
«,407— Cltiz-n'B National Bank of B>loit, Wifconsln.
H p. Taylor, Prcsiden ; Wi liaui
8'0,'00; pHirtio capiutl SSO.OCO.
"~
to commence bu^^iness .Jan. 2!, If79.
H. Baume, Cashier. Antho:izcd
:

.

:

When

Per

BonKft Closed

Cunt. Patablb (Days

Name or Cohpast.

&

Feb.
Ftb.

1.

common

.ian.

prcf

Jan.
Feb.

31.
31.

Mo. Rivir. com.
"

*'

Central Ohio,

"

Conn.

&

Illinois

(qaar.).

pref

1

3Ji

Papsnmpsic Rivers, pref

& St.

—

The Jmirnal of Comynerc says: " We have succeeded in obtaining the subjoinei abstract of the contract made on January 21
between the Secretary of the Treasury and a Syndicate of banKers
who expect to place four per cent bonds in Europe. It will be
observed tliat the present contract differs from those previously
made with the Syndicates in that this one requires the Government to ray the expense of the fiscal agency in I.ond n. Other
points of difference will also be discovered on examination of the

to Feb.

10.

Feb.

10.

document:
" The contritct was made Janu.ary 21, 1879, betwooii the Secretary of
tlic Tre,asui-y, .IS pMTty ot tlio first part, and Auiriist Ui-.linnnt & Co., on

1.

1.

Feb.
F.b.
Fib.

10.

Feb.

1

Feb.

10.

Fab.

1 to

1.

1.

Banks.

Nat.

Bank

of

tlie

Hepublic

Insurance.

Brondwy
St. Nicliolas

Feb.-

1.

Feb.

1.

Piil'iTKin

I'-l-cO

(qaar

j

r iqiiar

Feb.

1.

mau

ITKIDAY, J.1N.
The Money market and Financial

31,

;

Rose

feb 15

>

187»-S P. M.

—

!«ltaatlon The continned activity in government bonds, and the extraordinary
movement in speculative stocks, have been the leading features
The tone of unvarying buoyancy has been slightly
of the week.
checked by a sharp reaction in prices which took place on J uesday, and again on Thursday but (-till there is great strength in
the stock market, as a whole, and it is conceded that there is a
larger interest from outside parties, speculating on a moderate
scale, than there has previously been in years.
The money market works very easily, and rates on call are
generally quoted at 1 i to 2 per cent on Governments, and 3@3
on miscellaneous collaterals, although an exceptional advance to
5 and even 7 per cent was made near the close of business hours,
once or twice this week. On time loans, secured by collateral,
the rates are (ci3 per cent for 60 to 9 J days' engagements.
Prime commercial paper is in small supply at 3 i to 4 per cent.
The Bank of England reduced its discount rate on Thursday
to 3 per cent from 4, the previous figure, and the weekly statement showed a gain of £2a6,000 in specie for the week, and the
percentage of reserve to liabilities was 36f, against SIJ the prevThe Bank of France gained 5,45O,00J francs in the
ious week.
;

1

&

pa.yment

is applied.
" Tlie parties of the second p.art shall receive a coinniisslonot
of one
percent on all bonds t.aken uudirtho contract, nnd for each snni in excess
of ten millions taken they shall receive an additional cinnniission of onetent hof one per cent.
"The bonds to be subscribed for to be sent by theUuitcd States Government at its risk and expense to London; tlie Government to receive
there the coupons and called bonds receivable under the contract.
"The Secretary of the Treasury is to maintain an agoncv in London at
his expense—except that a 8ult;il)le room is to be furnished for the convenience of carrying out the contract.
"Tlie contract is to remain in force until June SO, 1870, unless sooner
terminated. While in force the Secretary shall not sell or deliver in
Europe to other parties any of the 4 per cent bonds. But this is uot to
prevent the early delivery in Euroiie of $3,(;00,0004s alroailv subscribed
for by other parties, and this sum shall be considered as part of the first
subscription iniwlc uuder this contract but no comniissious on this sum
are to be allowed."

U

;

Closing prices at the N. Y. Board have been as follows
Interest

week.

Period

statement of the New York City Clearing-House banks,
issued January 25, showed an increase of $2,873,250 in the excess
atove their 2.5 per cent legal reserve, the whole of such excess
being $17,2-0,000, against $14,412,750 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.

The

&

&

Co., of London; J.
\f. 8elij;niaii, of Selis?of N.'M. KotU.schild
Brotliers, of Lotulon Morton, Bliss & Co., vopresentinf? Morton,
Co., of London; and Drexol, Jlorfjau & Co., roiircseutiug J. 8.
Morgan & Co., of London; as parties of the sucond part.
" The particsof the second part scverall.y suhscribi'd on thn d.ite above
mentioned for $10,000,000 4 per cent bonds, and it is iiKreed tliiit unless
said parties of the second part shall subscribe for $'),000,000 each
ra<mtli,the party of the first part is authorized to terniinato the contract,
but the next subscription need not be niiide before April 1, 1879.
"The parties ot thisecondpart sliall pay parin United States gold coin,
or United States niatu.-ed coin coupons, coin ccrtificiilcs of d<!po8lt,
under tlie act of March 3, 18G3, or United States G per cent 5-20 bonds
called for rcdemptiou not later than the date of subscription to which
liolialf

miscellaneons.

Iowa R R. L nd Co

;

;

$10,000,000.

Lnuis, pref

Mas'awii'pi
Mi ril eex Central
N. Y. Prov. & Boston (Stonington), qnar

EIGUTY-FIFTIl CALL FOE $20,000,000, DUE APIilL 28, 1879.
Counon noii'Is.—SSO, 'flos. 04,001 to 70,000; $1(10. Nos. 85.001 to
100 000 $ 00. Nus. 02,001 to 09,000 ? 1 ,000, Nos. 80,001 to 100,000.

inclaslve.)

Railroads.
Cedar Rapids

ii>10,0O0,000.

Total, $Ui,000,O0O.
neaistererl 7{o»f?s.— $50, Nos. 2.5.51 to 2.S00; $100. Nos. 18,501 to
20 300: $500. Nos. 9,351 to 9,900; $1,000, Nos. 35,301 to 38,200;
$.5 000, Nos. 10,151 to 10,800; $10,000, Nos. 17,001 to 18,450. Total,

OlVIUUNWit.
Thefollowln? dlvidenrta have recently been announced

7i'oH(/s.-$5n, Nos. 2,271 to 2.5S0: $100. Nos. 10,401 to
IS.nOO- 85 O. Nos. 9.301 to 9.350: $1,0 O, Nos. 31.901 to 35,300;
$5,000. Nos. 8,301 to 10,150; $i0,0Ua, Nos. 15,401 to 17,000. Total,
/'ef/'isto-w<

last

1879.
Jan. 25,

Differ'nces fr'm

previous week.

1878.
Jan. 26.

1877.
Jan. 27.

Loans and dig. $234,416,200 Inc .$1,247,800 $238,404,300 $253,156,100
Specie
Circulation ..
Net deposits

.

Legal tenders.

17.431,700 Inc.
19.017.600 Dec.

87,100
450,000
:l 4,981. 200 Inc.
3.390,600
53,599.600 Inc. 3,633,800

Vnlled States Bonds. — The activity

30,193,600
19,798,100
207,171,200
37,231,200

40,187.000
15,493,900
230,625,600
42,251.200

6s,
68,
68,
6s,
63,
6s,
5s,
5s,
58,
58,

reg. J.
coup. J.
.1.

J
J.
J.
S.
8.

. .

4I28,

1891

coup. Q.-Mar.

reg. Q.-Jan.
4s, 1907
coup. Q.-Jan.
4s, 1907
J.
Gs, cur'cy, '95-99 reg. J.
.

This

is tlie

price bid;

&

no

Jan.

Jan.

J.an.

25.

27.

28.

29.

1

1

Jan.

Jan.

30.

31.

•10658 lOGM! lOOSs! 10638 •10638
•10658 •106 If! 10638*10638 •10638
101% •101% lOfs'lOl's 'lOl's
•101 '8
lOl^e -'.Ol?! •101% •101% 102
102ia!*102
102'»
10238*102 •102
•102 1*102
'102
•102
•10218 102
1047g 104% lOisel 10414 •10419*10419
105
*105 •104% 10438 lOtSg •105
IO5I4 •IO5I8 10478 •10438 lOSig 105
"10638 106 14 lO.iTg lOoTg lOGH 10614

J. *106i58
J. 106%
J. lOlSt

fund., 1881 -leg. Q.-Feb
fund., 1881. .coup. Q.-Feb.
reg. Q.-Mar.
4128,1891

*

in

&
&
&
5-20S, 1867...reg.
5-20S, 1867 .coup. J. &
.5-208,1868. ..reg. J. &
5-20S, 1868 .coup. J. &
10-408
leg. M. &
10-408
coui>. M. &
1881
1881

Jan.
j

•106
lOGie noGig

106
IOOI4
•100
-100
•og-^a
n20>£ »120l2 •12013 •120
lOliig

noo

sale

100
100

was made

governments has been

106
10618
'100
•100

•106

lOB

•lOUls •loeifi
'100 •100
'100 •100
•121
12116

at the Board.

—

State and Railroad Bonds. The dealings in State bonds
tip to the h'ghest point of the present active season.
'I'lie tendency to soli old issues of bonds has reached the ten-forties, and have been quite limited, and Louisiana consols close at Gl, after
even the tives of 1881, and prices were depre sed until active the announcement of the payment in New Orleans of one-half
the January coupon in cash, and the balanf^e in a 'ertiScate
buying of the latter bonds, to-day, caused a re action.
Railroad bonds continue strong as a general rule, although
The act approved January 25, entitled "An act to facilitate the
there ar.-i some exceptional fiuctuatioxss in price in sympathy with
refunding of the national debt," is as follows:
In the Pacific Railroad cases
" Tbat the Secretary of tlicTrcnsm-y is hcreliy authorized, in the process the temper of the stock market.
Of refunding the nuticuMi debt under existing laws, to exchaugedirectly, the Supreme Court decides that the Government claim for a perat par, the bonds of the United States bearing interest at 4 per centum centage of net -earnings applies only to that part of the road
per annum, authorized liy law, for the bonds of the United States comimportant
monly known as ttve-twcnties, outstanding and uncalled; and whenever which received the Government subsidy bonds an
point for ihe roads, particularly the Kansas Pacific and Central
all such five-twenty bonds shall have bccu redeemed, the provisions of
this section and all existing provisions of law .authorizing the refunding Pacific.
of the national delit sliall apply to any bonds of the United States bearMessrs. A. H. Muller & Son sold the following at auction:
1
ing Interest at 5 per centum iMsr annum or a higlier riitc, wbicli may be
redeemable. In any exchange made under the provisions of this section,
Honds.
Shares.
interest may be allowed on the bonds redeemed for a period of three 500 Brook'n City RR..150ia®150
$10,000 Warren RR. Co. Ist
months."
44ia
mort. cousol. bonds, due
3 Clinton Hall Asso
lomaioi
3.57
1905
10 Manhattan Life Ins
Under the provisions of this act the Department will exchange
Bro.adway
1
7th
Av.
L. I. KR. Co. (Glen
&
RR.
73
2,000
the 4 per centum consols of the United States for an equal amount
60 Citizens' Bank
lOdia
Cove Branch) 1st mort. Os,
of any outstanding and uncalled six per centum five-twenty bonds
90
due 18-^4
60 Eagle Fire Ins
202
I88I2
of the United States.
20 N. Y. Equitable Ins
8,000 HI. Cent. RR. 6 p. c.
series,
Ist
bonds,
10
N.
Y.
E(piitable
lOOiu
redeiup.
Ins
Secretary Sherman, in reply to inquiries as lo the further
107%
due 1890
5 Empire City Fire Ins
110
amount of 4 per cent bonds he is authorized to issue for refund98ia
26,000 Broadway <fe 7th Av.
5 Ridgcwood Ins
ing purposes, states that the acts of July 14, 1870, and January
06ia
10 New York City Ins
RR. iRt mort. 78, due 1884.
101-®100% and int.
105ia
10 Park Fire Ins
20, 1871, authorized an issue of bonds for refunding purposes of
10 Manhattan Fire Ins
20.000 Iloust. & Tex: Cent.
112
$1,500,000,000 that up to January 1 there had been issued under 210 Kings Co. Fire In8..16ial64%
RR. consol. mort. 88, due
those acts $853,200,000, leaving 4 per cents tj be issued to the
06%
10 Commcreial Fire Ins
133
1912
82
10 Produce Bank (old stock). 35
amount of $640,SOO,000. At the same time there were outstand217 U. S. Lite Ins. scrip
100 Chic. & Canada 80. RR .. 7I2
22,000 Houst. & Tex. Cent.
ing bonds and redeemable consols of 1865, $26,085,550
of 1867
61 Nat. Burglar & Theft Ins.
RR. (West. Div.) Ist mort.
2
$310,614,000; of 18(i8, $37,40.5,300; of 10-408, $194,.5(i0,300 in 104 Chic. & E;l8t. 111. RR
99i4®99'e
7s, duo 1891
17H!
all, $668,731,150.
It will therefore be seen that there is author260 Chic. & Can. South. RR... 714
3,500 St. Joseph & Pac. RR.
Itonds.
(formerly St. Jos. & Denv.
ity for the issue of 4 per cents sufficient to take up all the bonds
City) Ist mort. 78, all un$10,000 N. Y. City Accumul'd
redeemable before 1881, and an excess of $78,068,850.
25"«
debt 78, due 1886, 11278
paid coupons attached
The Treasury Department has issued the following caHs for
and int.
32,000 Windsor Hotel Co. 78,
five-twenty bonds of 1867.
inert, bonds, duo Aug. 10,
The denominations and numbers 8,000 Houst. & Tei. Central
10
RR. (West. Div.) Ist mort.
jgg3
{aheaj/i iruluaiee) of each class of bonds are as followe:
78, duo 1891
490 Sixth A.V.RR. scrip. .$855

—

;

;

;

981s

.'.

f

.

..

Fedroaat

1,

.

THE (IHKONICLK

1870.J

Closing prices of leadlnir State bonds for two wneka put. and
the range since Jan. 1, 187V, have been as follows:
8TATCS.

Jan.

Jan.

24.

31.

116

Total aalea this week, and the range in prioM for 1878
since Jan. 1, :871>, were as follows:

Hnnge since JttU. 1. 1870.
Lowest
Highest.

Sales of

T'ltO
N
I", old
Xi'iwu.^.-iff tin, old
VlTKliila (in, ooimol

<U

ilo
I'

60
61
103 «a 105

04^8

.

'10.'l>*

•10

36 >e

K«

bid

:

18\ Jnn.

20>«i

36

37

Jun.

:;anii<la

Lowest.

70 <a Jim.

R2

3

Jan. 24

,

Railroad and niaeelianeous Slocks. — The stock market
shown great activity, with a tone generally buoyant. On

Tuesday, and again on Thursday, there \va.s a almrp decline in
prices, which put n temporary check on the upward movement,
but at the close prices are agam strong, and buyers are confident.
As to tlio general situation of the stock market, it is apparent that
there arc numerous holders of stocks at present in the market
who have not been ther« before, or at least, not to any considerable extent, for a lung time {last, and these parties are all buyers
for a rise.
What the profrssionnl operators are doing it is not so
easy to determine, but it is fair to conclude that stocks which
these gentlemen purchased heavily at 20 per cent below current
prices they will part with, to some extent, and realize the handsome

now assured. In estimating the probable value of stocks.
•8 based on their earnings for the year 1679, we arn unable to see
that any greater profits can be expected than in 1S78.
It is true
that general commercial business should be decidedly improved,
and passenger tratlic increased, but for the great volume of freight
tonnage, it can hardly be larger mis year than last, nor can better
rates bo expected.
For such railroads as have materially changed their circumstances, as Erie with a third rail, an estimate based on the past
can not well be made. The coal stocks have been strong in spite
of a decline in coal ta near the lowest figures ever reached. The
following statement is issue<l by the Del. Lockawona & West.
Railroad:
profit

Mlscellanooiw.

Total

Erpfitsa.

1,884

6,.500,al4

Transportation
Coal

$4,005,916
6,677,703

$10,743,624
87,725

$14,482,784

$10,831,350
$3,651,434
411,965

Total

Net receipts
Less Interest on bonds
Total.
Bentols leased Hues to Dec. 31, 1878,

Jan.

1879

2,

$3,239,468

and paymente due
.\^....

3,198,759

.

Balance to income account.

$40,709

The St. Ix)uis Kansas City & Northern Railroad for
1878 made gross earning,-, of |;^,324,49.'5 operating
;

the year
expenses,

$l,976,9«5 net earnings. fl,.^47,50 J.
It is reported thnt the New Jersey Southern Kailroad will pass
into the hands of the New Jersey Central Company on a ninetynine years' lea.se, and that the papiers have been signed.
Total sales of the week in leiding stocks were as follow :
;

St. Paul
prof.

St.

Paul.

North- N'rthw. Del. L.
west.
pref.
AWest.|

1

35,560| 13,200| 31,200' 20,200
11,010 40,700, 35,200

35.734
64,050
38,200
62,100
34,000

.

Total

.

2,-,9,l}4l

.

Whole stock.

10,800
9,000
14.81)0

12,700

38,100
20,775

38,750
25,550
29,3001 31,050
16,910| 28,005

40,800, 41,360

54,800
63, too!
53,700,
35,800.
43,818:

63,170
75,350
53.100
61,900
36,295

Shore.

30,950
53,630
62,700
51.210
77,200
32,100

71,510 177,045!l78.755 292.318333.175 :f07.810

1.54.042 122.794 149.888121.5.2.561.524.000 771.077

The

total namber of shares of stock outstanding is
last line for the purpose of comparison.

The

Lake

,

Erie.

1

Jan. 25....
" 27....
"
28 . ..
"
29....
" 30....
"
31 ....

4^l4.l!(;ri

Jaa.ZS
OsBSlaSou'ta

Mondar,
Jan.

H.

rrtitv.
Jan. 31.

.

IJ-i.inil of N..)
Ctalc.A Alton.
Uhlc. Hurl.* 6.
C. Mil. A 8c. P.

do
Cblc.

*

do
C. K.

I.

I

Col.Cb.Al.C
Del.* U. CsDal
Del. Lack. « w

i^

...

do pref
Ban. « SC Jo..
do
pref.
Illlnola Cent
S4»,
Kan»4ii PaulQc
Lake Bbora
?:£>*
Michigan Cent 83H 87

OhloAMIsa...

Panama
P«U.PI.W*'\
.

.

St l,.I.M.ft'o.
Bt.L.R.C.a Mn
do
pref

Fatro TunnH.
Union PscIOc.

Wabash

..

Chicago

..

pref.

A Mortbw

. .

do
do pref
Clilc. Roeklsl.4 Piio,
Clev. Col. Cin. <Sc Jnd.
Clev. A. Pltl8h.,f:iiar.
Col. CUI('.>\i Ind. Cent
Del. 1^ JliidHoii ('anal
Del. Uii'k. &, Weatcni

Erie

do pref.
EluniilbalibSt. Jo.

do

do

pref.

Central

Illinois

KansnH Paclflo
Lake Shore
Mielilficnn Central
Missouri Kan. & Xox
Mofrfs & Kssex
N. V. Cent. & Ilud. R.
Oulo & MimLssippI .
P*«iHo Mall
.

Panama

& Chic.
& South.
4 North.

PitlK. Ft. W.
St. L. I. Mt.
St. L. K. C.

do

pref.

.Sutro Tiuuiol

Union P.aciUc

Wabash
Western Union

Tel...

09 >t
27 it
64
32 ><

114H
54T,

84\
55 >4

50^

79>a
08:% 122

04>t)

23
38 H
63 la 85
2ie

OH

343^
41

50''g

5508Jan. 27

4818 Jan. 311
Jan. 30
6 Jan.
4314 Jan. 24

m

27Sb Jan.

2.')

51>4Jan. 311
15>aJan. 20

10 40
2 89
21 13

Jan.
Jan.
Jan.
74^8 Jan.
00>4 Jan.

Bfa
221*

7"b
2l>a

38

10

le^s

30 21^ 41^
30 72% 87
28
4
12^
2«

2
e:\lJan. la

71^

581a

75

7H

2

80"4Jan. 27 67319 89
1 17 '4 Jan. 30 1033| 115
Ills Jan.
13 14
Jan.
2 126 JftU.
4 1071a Jan.
2 171a Jan.
9
Jan.
2 i:838Jan.
16
41a Jan.
31 681a Jan.
8 25 Jan.
7 1 03 14 Jnn.

24
24

«^

11*4

12ie

23''g

28 112
131
24 85
102
24
5
151%
25
7»8
3<a
30 19
26)a
3
5
18 61 14 73
27 12ie 23T8
30 75 14 102

Tlie latest railroad earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
Latest earnings reported
.-Jan. 1 to latest date.-v
1879.
1878.
1879.
1878.
$77,500 .$44,607 $129,500
S80.492
.

& S. F.2d wk Jan.
Bnr. C. Rap. & N.3n wk Jan.
Cairo & St. Ix)Uls.2d wk Jan.
CliicaKO A: Alton.. 3d wk Jan.
Cliic.
Ea.st. 111. .3d wk Jan.
Chic. Mil. & St. P. 3d wk Jun.
Clev. Mt. V. & D. .3d wk Jan.
Duliuque & 8.Citv.2d wk J.an.
Top.

Atcli.

cfe

Grund Trunk.Wk.ciid.Jiui. 18
Gr't Western. Wk.end.Jan. 24
Hannibal & St. Jo 3d wk .fan.
[ndlauap. Bl. &W.2d wk
Int. &Gt. North.. 3d wk
Ka:is!i8 Paclflc. .3dwk
Mo. Kans. & Tex .3d wk

26,097
3,482
92,390
18,107
138,000
7,112
17,332
176,526
82,923
33.120
23.974
40,807
38.093
47.389
4,896
2,724
14,300

41.424
2.011
73.010
17,086
191,460
6.468
22,611
181,484
122.340
29,644
32,352
31,410

79.169
6,736
247,247

391.000
19,177
29,139
484.641
287,224
91,340
45,261
97.370
121.889
126.573
9,544
5.996
33.650
241.879
180,209
18,976
10,765
4.654
70.833
206.196

108.179
4,781

218,504
450.828
19,588
3.5,852

497,510
419.623
91,467
55,179
87,235
142.570
144.196
12.103
7.041
29,180
290.038
189.256
22.334
12,760
5.515
94.823
266.961

Jan.
Jan.
Jan.
38.G(!8
Jan.
50,884
Pad.& Eli/,abetht.2d wk Jan.
6,461
Pad. & Memphis. .2il wk Jan.
3,376
St. I .A.&T.H.(brs)3dwk Jan.
9,352
St. 1 . Iron Mt. & S.3d wk Jan.
95,9<>0
107.814
K. C. & No..3dwk Jan.
St. 1
68.032
73,036
it. I,. & S.E.(St.L.I2d wk Jan.
8,808
10,353
(Ken.).2d wk Jan.
do
5.498
(i,633
do
(Tenn.).2d wk Jan.
2,412
3,064
Tol. Peoria & War. 3d wk Jan.
2.^.689
38,559
JVabasb
3dwk Jan. 76,869 103.308
Latest earnlnfirs reported.
)rted.
^^an. 1 to latest date.-^
Week or Mo. 1878.
1877.
1878.
1877.
Atl A Qt. West... November. $336,833 $377,029
$
$.
Atlantic Mia8.& O.Deccm'oer. 143.240
162,085 ],718,456 1.776.018
Bull. AMo.R.inN. November. 223.705
179,949 1,777.3S'2 1.236.632
Central Pacltlo... December. 1,138.000 1,3.54.882 17.612.534 17.050.976
Cliic. Hurl. «t Q... November. 1,290,032 1,232.118 13.042.978 11.517,139
Chir.ANortbwest. December. 1,01 8.8 to 928.747 13,818,818 12,131,135
Dal.ota Southern. December.
19.060
15,185
219.294
206,542
Deiiv. & Rio G... November. 117.805
80.083 1.033.490
700.238
Ga!. H. & 8. Ant .November
146,406 104.781) 1,148,209
912,063
Hiiu.st. & Tex. C. .December.
380,477 338,828
Miiliile & Ohio.. December.
284,224 313,621 1,901,993 1,989,454
Nio-Uv. Cb.& St.L. December. 149,552
163,064 1.631.681 1.749.209
Pnlia. & Erie
December. 223,303 237,742 2,921,060 3,172.91)2
Phila. <& Readint:. December. 881,6.56 1,304,004 12.809,144 14.396,342
St. Paul <fc S. CIt.v. November.
57.584
67.445
334.615
4I«8.3S7
Scioto Valley
November.
27,509
13,833
260,216
Siimx City it St. P.November.
40,017
49.251
351.668
.'J09.141
8i>Mtbern Mum... December.
55.740
06.976
643,081
639.085
t7ni<m PuoUlo
December. 854,155 793,083 12,723,879 12,493,834
.

—

.

—

,

Quotations for foreign exchange are as follows:

»«

PaellloUail...

P..

~4S>«

York and London. Nothing further has been definitely
rejjorted of the transactions of the Syndicate of foreign bankers,
but it is generally understood that they will certainly dispose of
enough bonds to prevent any serious disturbances of the exchanges. Today, there was more demand for bills, and bankers'
sixty-days sterling sold up to 4'85^, demand at 4'88, and e»blo
transfers at 4°89.

Cl«r. C. <:. A
CleT.AP..K<iar

Ho.K!in.«Tex

Quincy.

do

38

18>« 46H
aev ~"
85

How

l-sc

Mornta Emrx
N.T. C. A H. H.

do

88
117>«Jan. 2
48%J<tn. 28
85 la Jan. 28
05:^ Jan. 27
88>a Jan. 28
128 Jan. 27

ing to

pref.

Srte

46

Excbance. — Foreign exchange varies from day to day, accordtlte latest pliases in the movement of securities between

prff.

North

*

33>iiJan.

5,120 79>4 Jan.
3,413 Ill
Jan.
259,644 34^ Jan.
71,510 74 4| Jan.
177,045 40<^ Jan.
178.753 7e''B Jnn.
8,670 no Jan.
18,572 31^ Jan.
7,498 841a Jan.
3,400
5 Jan.
6,888 38 Jan.
292,318 43 Jan.
333.175 2
Jan.
17,700 37 Hi Jan.
4,200 13>4Jnn.
13,125 34 Jan.
17,300 80 Jan.
9>8 Jan.
4,500
307.810 07 Jan.
62,907 73:11 Jan.
53g Jan.
10,212
35,734 75>e Jan.
8.549 112i>sJan.
27,298
7% Jan.
1038 Jan.
8,000
100 123 Jan.
816 101 Jan.
1,943
13 Jan.
12.fOO
7 Jan.
29,000 251a Jan.
2^8 Jun.
0,637 5713 Jan.
70,100 L'OOs Jan.
101 .960 9438 Jan.

.

given in the

dally highest and lowest prices have been as follows:
Satardar.

71),4.".0

Low. High.

Jan. 28
Jan. 30
Jan. 28

Week or .Mo.

$14,121,798
360,985 Sundry expenses.

„

58:<l

Ciilo. .Mil. ,lt8t.

no talc was mode at the Board.

ft7,«l

N.J
A Alton

43>4 Jan.

Central of
(!liloiil,'o

klis

BeetipU.
Transportation
Ooal sales
,..

26,605

for

187B.

Highest.

Soutbern

C'lile. ISiirl.iJIi

•81>4

82

3-68B

Jnn.
Jan.
Jun.
Jan.

105

•74
•35

•74
•35

2(lit«rlea..
1.

•b'tji*

60

Jnii.
Jnii.

Kan en

1870.

1,

Week.
Bharoa.

.

1

Range since Job.

and

«

SW

lis

113^

Jaw. 31.

Prime bankers' sterling bills on London
Qoiiil bankers' and i>rlme commercial..
Good commercial
Documentary commercial

,f }^
'128

106

105

Pai'l^

lew i"K

88X

..

West. Un. Tel

* These are the prioea bid ana asked

(f

runes)

Ant werp (francs)
Swiss (francs)
1

«n<
"Jij

i?
no tale was made at the Board

.

Am.sterdani (frullders)
HaiiiburK (relcbmarks)
Praakfort (roichmarks)
Bremen (relohmarlu)
Berl in (relehmnrks)

60 days.

Demand.

4.34%<i4.83>«

4.87«*488>t

4.84>434.84\

4.87>4»4.87^i
4.86 •4.87

4.83 94.84
4.82<«94.83>a
5.20 »5.17ia
5.20 »5.17»a
5.20 a 5. 1 71a
401o9 40>4
Hfs* 9518
04''s3 95>e

04^83
n4T8»

95 >s
051a

4.8Slt*4.86^
5.17'ii*5.15

5.17ia*5.15
S.17>a»5.15
40^9 40>1

03>t* 9.)\
95i«» 05^
05>«» 9S\
95>a» 05H

)

)

.

.

.

—

.

Klc. -Ooiitluued.

KOSrON, PHIL \»Kl<P<*I.l.

aliowa the

The following Btaiemeat
York. CUv BanK»
xNew York City for f.e week
CondUiou of .he A.sBO=ia.ed B.nksof
on Jan. ~d, iSiJ
busiaess
of
commencemeot
enclia°; at the
AVEHAGB AMOUNT OF -

New

.

[Vol. XXVlir.

THE ('HRONICLE.

116

—M

.

.

Ask.

SEOURITIICS.

8KCUBITIES.

.

1

;

Legal
Specie. Tenders.

Loans and
Capital. Discounts.

Banks.

KcwYork
Manhattan Co. ...
Mechanics'
Merchjnts-

2,0ii0.000

Cnion
America

^-"^^^^

Phoeuir

1,0 0,000

City
Tradeemett'a

1,000 003

5,S35.40)
6.0:11,700
5,998,:j00

1,'00,0.10

6 0.000
Fulton
300 'JOO
..
Chemical..
Merchants' Erch. 1,000,000
Gallatin National 1,0C0,0J0

Greenwch

aOO.i'OO

610.000
2A),000

...

600,ii00

Leather Manf'rs.
Seventh Ward..
State of N. York.

300,1X10

gOO.iWO
5,000.000
B.OOJ.OOO
1,000,000
1,000,000

American Exhu'e

Commerce
Broadway
Mercantile

Bepnbllc

Chatbam
People's

North America..
Hanover

St.

2.814.100

l,3-«6O0
6, 8!),:iOO

600,(100
l.O.ifl.iioO

1,=8J,.SC0
l,952.10il

500,000

1,9.8,60)

1,000,0
^eather l.iOO.iOl

l,'.)ol,.03

294,-iOO
9,1,300

l,8-6,0i)0

673,000
184,50)
470,00
976,300

2,9J1,000
1,131,610
1, 04 400
4,S4-I :C0

4,12,40'

4 16,300

1,90'j

1<'.',00)

53,600

681,001

!,16-i.8X1
•i.SSi.OK)

l,.ViO.0l.0

!3.38S.«0

9:2,:«)0

4,9;6,ii00

!6.t,7.,-300

2,0)0.0 '0
500 00)
Afis'n

9.69«,7,I0

307,6 '0
70,600
5.000
50.000

4,965,700

13.633.l00
499,000
S81,300

87.2 Xj
98,2 ,0
2,463.850
1,741,000

Groci-rs'.

Norlh Klver
...

241.0,10
25i).000

t)90,«:10

011.5,0

Manuf'rs'A Mer.
Fourth National.

luO.OOO

3:M.;.0)

8.5 0,0,)0

13.753.000

7.^00
1,060 000
4S3,0Oa
48,000
111,400

203

853,400

8J7,4M

Central National.

2,0().i,(il.O

Second National.
Ninth National..

30;l,t00
75,i,(;00

r,213,0(Xi
l,«9S,ll,0
;J.37J,5)0

National...
Third National..
N. Y. Nat. E.Kch.
Bowery Nati.mal,

COO.IWO

7.8'.4

9S2,7il0
3(»,u(i0

5,anj,2()U

Fir:-t

NewYorkCounty
German Amerlc'n

250,000
2 0,00)
750.0JO

Chaae National..

3uO,0':iO

1,231.3DJ
1.177.100
1,123 9

1.957,00
2,128,700

IU.700
1-37,500
131,1)00

Specie
IJegal tenders

I

I

CmdenS

2,-3U8.ii(«
lO

Ui;0.6).i

774.100

1,081.91)

1

80

I

1

8,633,8)0

I

Specie.

Loans.

li.

13»,l-00

402,7-0
«i,9',6,l)O0

1,481,WM

650.1100
8-38.700

2.1,3,000

.()!),i),lO

3.2i7,8,X)

10,131,800

512,9011
43,

8,9,C0)

267.260

15),0jJ

Deposita. Circulation. A^g. Clear

S

t

t

i

t

S

244,;;.5,100

18.534,700

48,891,200

2l8,261,0-30

19,4;8,3,)n

,')30,877,7ftl

245,3;7,<00

1,'*,3?2,K00

2111,32-3,500
.

18,199.600

217,301,000
216,333,000

19,.)16.30O
19,t,17,S00

33t,60t),5tto

SepL

48,5:38,400
45,1)80,700

2i7.&S),900
2 8,634,3(K)

17,5<.9,700

13,991,100

19.377,500
19,513,100

21.
6.

Oct

1-J.

,

Dec.
Dec.
Dec.
Dec.

214,103,4iK)
'31O,011.'3OO

20-5,141.600
211,09j,7lX)

216.5i.)3,100

1.3,517,rOO

50,800
40,729,100

845,108,. 00
214,f.H,8U0
24n,2;4,'300

19.Hli0..300

3!l,9ti2,500

16.

2;j7,6l5,61X)

23.
30.
7.
14.
SI.
28.

23l.')17,7O0

21,414,400

4O,.38^,-;0O

231,43-,400

•3.-,9,7,J00

41,2r.'i,7O0

2:«,SI5,50()

20,16:.,

39,981,000

20;,058,000
206,134.400

20,9,1,510
20,314,100

4l-,478,^00
30,liO3.0OO
40,7d7, 00

Oct. 19.
Oct. 26.

Nov

4i,.3l)2,-300

43,'

2.
9.

a3-l,il,7,aO0

2:»,!l74,100

2.5,831,40C

40,219,(100

•3!6,i;:i,)00

]9.90l.:^00

4S-<,571,53:i

2111,737,000
209,75-3,100

!9,>.0.-),400

408,9 '3,4.5

19,909.400

460,37-^.73

2l7,18.,800

19,9,il.9O0

4n4,0:37.7J-3

206,797,-;0;)

20.U-i7,W)

368,2 8,050

20,i'83.200

436,IW5,-3-31

20,111,600
2 •,l)77,,i(M
W,.>76,700

3-1.1,741,510

20,98,6,200

19,845.800

411,5)8,790

20lj,4si,-3O0

17.341,6lX)

41,'32,600
45,0)5,100
49,9i«,600

-206,173,000

18,96;,I00

23:i,l'.8,400
23t,41(),-300

311,,=)90,600

19.783,0.10
19,76;,6lX)

48v32-3,519

17,131,700

53,5'09,6OO

214,981,-;00

19,017,600

507,3:31,749

4':4,41l,2;5

..

Navigation....

mort.Oj, WO.

Jo

*

.-^tl.

do

New

Vermontes

«a

flo

MaBsachusetts 5e, gold....
Uoatou 68, currency
do Ss.gold

Chicago RewemgeTs
do
Municipal 7a
Fortland 68
Alch. &, Tcpcka

new

Oraaba

&

S.

Western, 88

....

Ark. Valley, 78....
UQ% Pueblo*
Kulland83,:8t mort..

Vermont (It I'anada, new
Vermont A Mass. U..,G8
I

,

8b.

I9i»i.

7s

Ist

m.7B.

111%

Atchhon & Topeka
Bof-ton

&

107

107!^ Boston

A;

loy
118

Boston
U8^t Boston

do
land granl7B
do
M78
do
land Inc. Bs.
Boston ct Albany 7s
do
6s
Boston & Lowell 7i
Boston & Lowell 6s
Bo8ton& Maine T8
boston *-rrovldence 7i« ....

lUHiia

Burl.

Connecticut River
Conn. & PasBumpslc
Eastern (Ma88.l.
Eastern (New Uampsblrc)...
70?< Fltcbburg
Kan. City T.'p. &, WL-slern..
Manchester dc Lawrence....
Naeh'ja & Lowell
111^ 112

& Mo.,

land trrant 78. ..

do
Neb. 68
do
Neb.SB, I38i....
Conu. A Pa88UinpBlc.7h, 189.
Kastern, MaB8.,ii>«8, DOW. ..
FllChburg KIl., 6i!
do
7b
Kan. City Top. a W., Ts, Ist
do
do
7b, Inc.

K8

Albany
Lowel-

lla

107« 108
2J

30

Chesblrc preferred. ... ...
rwc. Cllntoi Uub. & Mln...
Cln. Sandusky & Olev

H

01!<

I3i)«i,a
58
..

llOU'llOU
....

110.

117K1U7.I.S

24

a-!

4»« 60

Concord

I....

Sew York A New

ii'A

N.

do
112>i

„„

l'0IO-'*H;-:i-,:

Kngland...

llOOJi
1

ii2«i

Cln.ft

101

Clu.

iii«

1

is, oo.

102

W

do reg., 189J..
m.,'.s, reg., 1910

con. m.,6a,r^., 1933

do

6s,

p.,l'J

m. 7i,

i

92

]

I

I

UH'

100
Vi

7

*

t

97

08

t

108

luu
118

no

-t

iia
110
100,^ 101

lilt. 7-3.08. t
6J, gold t

Ion?... + u5
to5yrs..tiioo

63.
1

7-SOa,

Ham. &

D. let

102
lOS

long.t 104

Cov. Rrlilge sfu, pref.

75

ni. 78, 'SO

101«

11.1
117

(<S

50

80

0.1
7.'

108
104
101>« 103

100
03

:»5

100
87
tsu

& Laf. 1st in. 7s ...
(I.&c.) Ist m.Ts.'Ss 93
do
lOO
Little Miami 63, 'cS
13
Uln. Haiu. dB Dayton stock.
Ind. Cln.

Columbus *Xeula Block

ll:l

11«
Ol>4'l03
I

101>s'lu2>i'

104

Dayton* Michigan stock..,. !8
91
». p.c. Bt'k,guaT
do
100
Little .Mliml Hock
1.01IISVII.I.E.

20
m
101

r-_3

So.

Louisville 78

107Hi

do
do
do
do
do
do

-3din. 7s, cp.. 96. 10.
do
do gen. m. 7B, cp., 1903 Ill)
do gen. m. 7s, reg., \W: 110
Creel! ist m. 78, coup., 8^ eo«'

rltlsO. Tluisv.

,..

.

I

on

U

J.

*d m. 73, '.7..
do
_
Colnm. .t X.'nla, ist in._ s .'90
Dayton & Mlcli. 1st m. Is.'Sl.
3d 111. 78, 'o7.
do
3;1 m. 73, 'lii.
do
Dayton* Weat. Istin., 'SI.. .t
.St in., 1905
do
Ist in.fa, :905
do

1

3

i

ITOX 103

.

3d lu. 7s, ^33..
do
Cln. Ila.n. & Ind,, 7s, guar....
Cln. & Indiana St IU. 73

. .

do
do
do
do

.

ou endorsed. io3
MISCBLLANEOrS.

do

m.7s, g)ld, 90, 100
3d m. 7s, gold, -to.
3d in. cons. 7b,
108
Ithaca* Athens 1st g 4. j8-, *
uueilou lit luurt. b; le.
2d mort. 6s, 19 X) ..
do
.Sup. *.M18S., ISi m..7.,g.'
Valley, lst,65, cp.. IsSl' 113

LeWgh

.

t^au

ClnclnualUs
7s
do
7-3.)S
do
Soutli.
do
do
do
Hamilton Co., O.,
-

,

do

r. Itt

13-iO. .1.4.0,

CINCINNATI.

Br., 18t, 7b. 1900 lUM
EastP.Min. let inort.78^ as

do
do

Coniiell8Vllle..50

Olllo ba,

'Baltimore tiae certllicates...
People's Gas

& Bound

&U.

&

B.,7a,cp.,
scrip

%

31

:

T
»8,'97to'9<
water63.'87 to'89 +
-water stock 68, 97.-t

wharf

10«
IDO

99

100
10»
100
100

6s

8pej'llax6sOf
Co.

'iS.T
99
190. t loSJi

water
lll»i:il7>s Lonl-vllle
Jea. M.Jtl.lBt m. (1JI.M) 7»,'8l i
Pennsylv., I8t m., be, cp., 80.. 103}, ;u4jj
JdUl., 18
do
gen. m. 6s, cp.. 19.0,
do
Ist in. ,7s, 1906. ..t
do
een. m, 6s, .g.,rJ,0. Il2-Xlll3>4 LonlBV.C.A
do
Leu. laim.:s.'97t
lU1903
rg.,
in
6
,
cons,
do
Fr'k.,Loill8V.ln,63, 8
L0UI8.&
103
cona.m. Bb. cp., 19(b,
do
Loulsv. &Na8hvllloSavy iardOs, rg,3l
do
-T
Leb Br, 6b, '86
Perklomen ist m.6.-i,couii., J. 70
IBtm.Leb. tlr.Eit.,73,'8().S5.t
PhlU. « Etlc 18tin.6a, cp.,-8l Uua 107
6s, 'j3.
do
Lou. In.
73, cp.,"" loa
lu;
3d
do
'OS
ni.'s,
iBt
Cousol.
PUlla.&Bead.l»tiu.63,'43-'4J. 102
JeHcrBon Mild. * lud stocK.
'-IS-.-l!
do
do
Louisville A Nashvl le Block.
2d m., 7a, p S: 112)i
do
KT. L.I>llIS.
dcben., cp.,'!i
do

P8.&N.y.0.4 RR.79,l»9i

99

T 102Ji

6a, '62 to '87..

li.s.

100
103

.

"vS

91
108
105

iv»ii
108

'

,

& Maine.
& Providence
jBurllngton & Mo. tn Neb...

117W

Bait.

Cliartl3raVal.,l3im. .*.9-'*'-

E1.& W'maport, ut m.,

&

RAILR 'AD n'NDS.

l»H

UnlonBR. 18l,guar.,J.&

m

new
do
Connectlne 6»,

Ptttaourg

"6
15
6
30
5

.

78, g., 1913 Uo
lat
2 1 in., 78. cur.. .9 lOJ)i

do

...

STOCKS.

9?^ 82M

-li;;

5«

112

.

Burllngt .n Co. 68. 97.
Catawl8Balsc,7s,conv., t3...
clut. m., 10a, 83 ,.
do

3i-n

117

78

Par.

...•..-

M.«M

.,

prei.,

North. Penn. Ut m.6s, cp,

aartford& Erie 78, new
)i<den8burg & Lake Cb.Ss..

113

113

w>%

Camden

CITIES-

SSCTTRrTIXB.

Oid Colony,

....

pref...

Little Bchuylkiu, Ist

.

114
114
115

2

1

10.1
1U7
63, 13S5, .\,*0.
do
W. Vi. 3d in..gnar..'S5.J4J 10')
Pltt3b.«.Connel)sv.7s.'«i,.'iJ 10-3^ 102H
Northern Central f's, 'ti,i, ..ftj loj 1107
135Ji 138
108
6a. IWO, .\..t()
do
20
do 63, gld, iDOO. .l.&J. Uiii «9
14
Can. Ohio 63, Ist ,ii„'9U,M,* S, 103
W.Md.es.lat m.,er.,'0O,.0.&J. io8 112
do l8t m., 890,0. it J .. l.)l 103MJ
112
108
do 2d m.,KUar., J. Jk J
18
8I>
73
50
do 21 m.,pref
51 Ji
123
do 3d m.,Br. oy W.Co..l.iJ lOO 110
J.
J.&
112
Kuar.,
too
6B,adin,.
do
t,7
.Mar. * Cln. 78. "03, K. & A ...
87M
"in
3H
2d,
*1J»
do
OH
83,31, O.&J
15
do

a

64«

H.

2,0,68-3,0)0

BOSTON.

13

3i"j,(j9j,l31

231,950,000

UaiiipBbtre 68

J

BATLROAD STOCKS.

u

8*8

42,314,8-2

18.
25.

Maine 6b

3^

35

5-'.i>"rP<.-;o!-'
Iliinlsburg Ist mort. 63, 8 „

4.
11.

Ask.

Hi

J.* J

Bait.* Ohio

,

Inc. 7s, end.. '91
do
Belvldere Dela. ;st m.,6a,1^3. 103
-3d iii.6d. 8i..)104
,'o
31 in. 63, 'i7.. 1100
do
&A,mboy 6 j,coup,'iMl0J
03, coiiD., 39 luo
do

[)..)

OTHER

&

lU
U6

l\-i

Wash. Branch. 100 12
do
4(<^| 60
ParkersO'g Br..ili
1
do
lolJi 102H
SO It
Northern Ccuiral
5>4
51*
Marylanl
1
Western
23;»
!*<
21
Central Ohio

KAII.ROAD BOND3.
AllegbenyVa...7M0s^lS9i^^^

393,M7,-5,2'03

.39,9:3,-j,20O

SBOUBITIBS.

4o>ii:

Susquehmaa

19,389,700

AJiD

35X SO

5

do

19,301, ((<)

39.55,400

HUOTATIONS IS BOSTON. PfllLADELPniA

SdmyUUl

Cam. &

1879.

Jan.
Jon.
Jan.
Jan.

Pennsylvania

Cam.

2- ,403,400

-303,6-35,600

19«),.I.
laOi,

114

112

6s.e<e:npt,'0S..\I.&S

Sorfollc water, as

Leulglil^avlgitloa
Morris
do pref

4--4,l49.9
4s2,-39;,9.0

2o,371,-300

•:03,200,;00

84

1121H:112H

&

do
do

CANAL STOCKS.
Chc8»pe-.ke* Delaware
Delaware Dlvla on

370.111,7rt^45:3,'-7l,361

24,141,110

00
20,8«,900

70}<

83
50
89
43
25

107Viiir9
112 1116
108
112
1'15
100
108 !l09
1 8>i|109

bs,
68,
6-,
5s,

6s, 8S6, .).s.J
6», :89',q.mrterly..,
63, p-arK, l!i90,y.—
S ,..
6s, ibOO, .M

41

M

pi.^t:

1878.

Oc'.

do
do
do
do

a4«

""l.tunore

Went Ulicster cousol.
Weat Jersey

180,000

Dec.

*

UnfteilN..I.Comp.nles

p

.,00)

10

•..35*,90C

lining.

-3r;8,-l0

•32

1,1'.9.4)0

pa.W

799.-30I1

Sept. 14.
Sept. 81.

Nov.
Nov.
Nov.
Nov.

Sortharn Pacific
Prel
d.
North Pcnntylvaula
Pm lusyl^a ila
pli,la,.clpUla* Lrle ...
PnilHdeiplila&Ucadng
phllBlelphla* Trenton

il

5,344,50'J
839,ti90

d feii-e, J.& J.
eteiipt, 1>87 ..
sail, qimrlerly.,
quarlerly
Baltimore 6,1. s..<i, qnirterly

Uaryjand
do
do
S3«
•
do

2JH

..

.

1,041.8:6

«'«

,

No,quelioulng Valley.
Sori-l«towu ,,

2,454,000
55.3,100 1,070,300
340.10)
41,600
J4i,O0O
28,1100
&74.f,00
l',6C0
3)3,20
101,10)
1:83,200
t0,900

Tenders.

am

2'j8.30,i

57,-<,3 10

following are the totals for a -series of weeks

34

SchuylalU

Little

^lO,,

bal'TIiTIoke:.

26>«

Har P. Mt. Joy * Lancagter.
"uutluidon « Broad Top
do pref.
do
Lehigh Valley

35().0l»S

63

ib2

.»TOCKS.t
.-Vtlautlc. .•
pvel
do

Rast Penusylvaiila
Ennl.a.<.Wlll..«n9port._.....

1

4.7IX)

7i>4

H3.')

do 6s, t)oai&car,r<.,l:):3
do 7s, boatAci>r..g.,:D 5
Susquehanna 6,^. coup.. 9,8.*

coupon
reg. <» coup 111>«

liJ,

iO'*n. ri'g..
68, coup.,

imi

91

SchuylK. Nav.lst in.lls.ri ,'9i.
3.i m.6s. reg., rJ07
do

—

3.!)IX)

447,0)

Morris, boat

Pennsylvania

Uo
CatawlBSa
pref.....
do
new pi-ef
do
Delaware s Bounl Brook....

309 OJO

?2 63).2).r

Circalatioa

lOOM 108

BAILKOAD

:

87,1W

City

do
do
do mort. go.d, '»7
do cons, in 7s, rg ,19i:

...

78,
..
68, coi-.pon..
U„rrlaburg City Ss, coupon..

deviations from returns of previous week are as follows
Tc. $3,390,600
Inc.. $1,247,800 Net deposita
inc..
Inc..

Ur.irap..rM.,'-«-M*

..

rg..'86
cp.,'i8
reB.,'8) 105
mort 'iU., ig..'9
m. .;.) V. g., r- g..'rfi

Delawae Division 6i,,
LeWgh Navlga in.,6j,

isii».

,,0 79,
I,.r6ey

es.g'.ld.reg

do

436,06n
174.UO0
216,8

CANAt. BONDS
& Dela 1st 6s,

Chesa.!.

ia«

cp.,

53, reif.

Delaw.'re

62,707,9)0 334,416,300 17,431,700 63,590,601' -314,\)81,S0u 19,617,600

Total

*

do
do

Camaen

5,400

ti7:.-i00

1,892.8

...

6s,rog.andcoup...
exempt, rg.* coup.
do
Camden County 6b, coap ....

N
^-

5i.5,100

3'l.700

571.80Q
421,800

(KX'

45flj'i66

6)7,000 2,454.000 10,003
1,7-3 ),-30O
358.000
130.900
1,983. -too
.^37,500
27,500
1.1 29 903
397,50,1
42,100
73 ,liO0
207,803
53,000
2.9J,,0)0
399,100
3."i.l00
2.17-',ii|i0
4i8,i0)
)39 5l0
849,0i0
2,'-25 300
lifi )0

3,481.50

.

MleglieuyClly'9,rej

892.800
179,500

600

,

Alleglicuy county 5i, coup..

l,li6f,10

1

l,31l,3!i0
•,30;4,000

East Kiver

185

117
93

86
87
lBim.78,'9i
11S« 125
West CheBter eons. 79, '9i
West Jersey 6s, deb., coup, ,'8 85
lOoMi
iBt m. 69, cp., '9^1
do
108
107
UO
lat m. 79, '9,t
do
Western Pcnn. uit, bs, -p :8*. ua
101
90
li.,'96.
68
P.
do

68.n., rg.,prl.rto 9-o 114M
iie,'^
6s,n.,rg., S95*0Ter

4-.,000

1,657.800

iiOO

30,!,O.J0

•

2j,7O0

30J.O0O
401.000

Irapurters'&Trad

The

9-34.900

3 .;07,..O0
3 5 5 100

Marine

I^ans

2,0.)9,9,;C

2,'W)
£99.000

731,-iOO

.

6s.old,reg

do
do
So

16OX 103)4

11.73
907.,.
3V..Ist m. 5<,'3)

ifii

It

Warren&K.

103
68,10-10, r,:g..l-77-«.
1333- 9-3 109
6», 15--33, reg,
reg.,l3.»
P!-<ne,
6<iln.

PhlUdelpftla, 5s res,

1 5Ji 105J{

.tt, 68, 1881.

Sunbury & Erie lel m. 78, '97
Texas & r«c. l.-t <n ,«<, g..!!!!-;
cona m.,6.'.g .19UJ
do
Inc&l gr ,7a 19 5
ao
Union & Tltuav. iBtm 78. 'iK.
United N.. I, con-, m. 6s. '91

23

8TATB AND cftv BOKD9.

196,00.)

1,^0.1,000
l.JJO.i^K)

.

Continenial
Oriental

The

-0

2,;04.4i0

3,-J08,30,)

SUib. Hhj.

114

Peuna.5s,g'd, :nt,reg.orcp
do 53, cur.,rei -jij-jATJ 111
do 5a,new.reg.,139W90-3

do
do
do

Ind.

"esH Stony Creek
7

.

Worcester* Naanua

447.100
132.a.U
3«),bOC

'0

918.303
987,"00

»2i,«00

1,900,-200

.

8,-.):i4,i)00

2,634.3
1,765 8

Oiii

ButHr.d,l>referred
Vermont* .MaBBachusotte..

7tti'6oO

2,iJj6,0,>0

IS.i^SOOT

Park
Mcch. Bkg.

7,3SO.700
2,18 1. -iOO
1,5.0.0J0

9,590,000
3.691,60

3,0U0,00IJ

Corn Exchange

2,li4-J,000

3j'0.7,.0

313.0C0
4i;400
101,100
10i.2l0
58 3)0
46,000

Nicholas

Shoeand

5,59 .',600

1,6 9,i;0a
716.80.1

1'J2,703

3.371.600

"onfa°ii'Sco'& Porismoatb
Pue .10 a \rl£ nsaj
......

&

Sti.uhenv.

91

I

909 5)0

5,1,93,2,00

100.000

Nassan
Market

00

15'4-W,70U

l,iO'),iKI0

Citizns'

8,22-*,^

1,95^,400

8.623.. 00

l,4ijl,0X)

.

1.012,000

41,000
7.500
83.0U0
44,5
182,00
1,100
2I9,03j

6,

1,9I0,0U,D

[,991.800

..

1,101.0.10

1 01, 100
5,411,400
(,181.400
5,065,400

l,t)lS,8j0

1.382,000

500,000

Irvin"
MetrSpolitan.

f

;081-i',000

42-3,700
I,500,(i00
450,0. '0
412,f.OO

Pacilic

S

3,8J«,*00
62,60) HOi*,:00
S.017.V03
555.000
i6 1,000
i.iiifilO
i,'b\~iO) l,0l7.30J 2,79 sOJO
2i;9,000
341,700
3,211,700
974,800
193,100
1,v:i;.2U0
9 !i -irM 1,5)3,900 1,744.403
5;3,700
207.700
8,160 900
328,300
78300
3.437,9J0
190,300
161,3)0
l.llt.lOO
2.'8.0,10
20,0)0
1.216,100
154,i00
18.900
-.9J,7cX)
400.',0)
361.000
2,46 1,700
257.500
53,400
S71,800
451,i»J
1-28,7110
I.<I0:,300

l-'^'-S^

Batchers'* Drov.
Mechanics' &Tr.

5:9,000
63a,O0O
b'M.OiO
647 000
243.000

8,38'i,0)0

2,000,000
2,i 50.H00
2,0,0,000

7s. '^pi.oR
.

Dc;j08it8.

tion.

»„„
l,35!i,8iO

*

$

Phll.&H.C.*! deb.

Northern of New Hampshire 125 12B«
do mort., 78, 131-3.;l.*;
N or * Ich « Worcester
13^! 13H Phlla. Wllm.«B,lt. 6s.'84
OKdeusu. >t L. Cuamplaln ...
Pitta.Cln.&St. I;. 7j,cou„'SC-pret..
55X 50
do
3hamik.n V.S Pott^v 79, 1901

Circula-

Net

13(,J^|13(;ji

118J4
Will

m

-I

I'OVj

lOOK

lO-?

107>S
104

Ij.i).

mi

aOl.

,

cps. 01..
do
do
Bcrlp, 18.-)3.
do
ln.m.7s, cp,1896
do
do cons. m. Is, cp., 191!.. 103 U03H
do eons. m. 7b, rg.,19-.l.. 103>^ ..,
do con3.'n.68,g.i.l9ll
do conv. 7s, 1993'
78, coup. off> '93
do
Phlla.4 Head. C.S 1. deb. 78,-j2

—

St.

St.

t
asii

100
100
100
100

•

In rtefsnit.

t

Pershsre,

Louie

68.

do
do
do
do
ao
Louis
do

t 107
ren.-wal, <old, 63. t ;u7
sewer, K. 6s, '9..3.3.t 107
Co. i.ew park,g.63.t 107
t 107
cur. 7b

Ill

water
do

B

bs.

..

,•:

gold
new.T 107

do

bridge anpr.. g. 6»

And Interest.

t J"?,
t 10 f.tt

.

.

Fkbbdaut

. . .

.

.

.

.

.

..

..

.

..

..

.

THE CHRONICLE

1870.]

1.

—

117

NEW

QUOTATIONS OF STOCKS AND BONDS IN
U. S. Bond* aikd aHit4 Railroad Slock*

qaoUi ob a prtvioiu

arti

Prints rtprtitiU tin per

paj«.

YORK.

miU m'ut, vhattttr

ttu

may hi.

par

RTATB BONDV.
•BODRInlt

A<k.

Bid.

do

!••>**

40
do
Zo
io
to
Jo

¥t.\m»
S. I9»

!•, M.AR. RR.
•«. Aln. * Ub. K
toot W*i
hot IM.... ..
An.«i!«<ui«.(uDdad. ...
do :>, I, K. * Ft. 8.1m

do
do
do
do

^

;>

'"

W)

M

S«orgl>

do

7s.new hondi....

do
do

^1,
7i.

endorsod. ...
(Old boQda...

coupon,

tlllaolila,

1879...

do Wiu- loan.
Kuitaok7l«

,

A
a

1I.U

103

}SSU
...

100

..:

new flotl'd dstil,
faniUnUdrr

••.lorn
8i, do
M, doira

...

8l, of ItlO
?•. contoUdftUd

SO

...

110
110

...

iiw
I'M

.

O*
115

103«
104

lOIH

IM

to.
to,
to,
to,

'M

10
10

•

•

•t

III

•••»

ll>

• •••

10

•

•»

•

>••

s

...

new koodi, 14N
do

isd:.

...

consol. bond*

do

•••

•»

•

*•*

M7

deferred bonds
D. o( ColomMa 8'«M, I9M.
do
BinaU
vii
107

11?

hm

to,

Ohio to, 1881
do i8M

mi
»A

8^3
«&
26
!»
IM
74

ex matured coap
to,eon>ol., Jdaeiiee

Ux, ClHi 1
do
Oluat
do
Clu<8

1(14

•

10

10
to

TjanMfMto.old
do
to, now
do
to, now iorlai.
Vlrglnlito. old

»

ll»

.

•p«elal

104

110

LandC. IM*, J.* J
Undi.' 18M, A.* a...
Tiof lUB
San-fandsbto bonds

uo

AO

lOtt*

100
107

•»-*

diatb Ctrollna M
Jko.A Jair
April M Ool
Pnnding *ct, t8M

,

IM

raadlng, due Xiil-i
aan.ABi.Jot.,duel3J«
do vat
do

.

to,old.J.«.I
do
A.* u
,
H.C. KR
J. •J...
do
.. ..A.AO...
do conp. off, J. * J...
do do off, A. «0..
rasdinz tnt, I8M
do
18W
Mew bonds, J. * J
do
A.

<I1N

unsiTia
Bud* Ulud to, cp.,

Alk.

Bid.

tti«c«—

M, go' I, re(
in;
ta,
do ROUP.. 1887.
to,
do lo>n...l8M
to
do do ..I881
to,
do do . IIM.
to,
do
do .I8H
fitVa Ctrollni—
.

«o«

«a, 1883
do
do
7>, 19W
MlMoarl6i,daal8iUortl3. ..
do
ia«
do
I8n
do
d)
do
do
I8«. ...
lS39or'9)....
do
do
jlvrlnm or Un., due 189^

e
4
lOS
1USS< loa

101

••,
7i,

M«« rork

48
<i
4H
48
48
48

7i,im«ll
tUatalgui ••, 1871-79

Blv

4
4

R

:

'at..
<>•

,

4
4

I..K.

I".
l>.
If.

*•*

•

»)'

jj.ii

COBDQCtlrtlt

•••

::::

•aotiaiTrai.

M

••.new

00
do
d«
do
do
do
do
do
do

A«k,

Bid.

L>altlkaft it.

TK

81)4

registered

RAILROAD AND niSOELIiANEOVS STOCKS AND RONOS.
R»lraa<l HtoeliLk.
JbsUt^prfi'wtty quoVdA
Aibaox A Susquehanna.
Borl. 0. Rap. n Northern.
.

BbMMCO A
Pakniiae

Harlem

A

joUet

XltoB, pref

*

..

A

Louis.

St.

Kli'vateu UK..
llav.'U ,t Hart.

140

145
102

llu.

Inieelaer

*

Saratoga
Iwme WaiJtrtown ft Od,
(, LoBli Alton A T. U.

do

do
do
Lake Shoro—
Mich 8. ft N. Ind.,

prer.

BellevllleASo. tll.,pret.

TerreHauti^A Ind'polls.
United M.J. U.*o.

Clere.

do

it'^S

,

4U)l

V,
«u-

u

I

AtlauLtc

iiSK'ns

mort.
i:o

S.F., 7 p.c.

—

A

Tei
Telegraph...

•.OS

SUM

30

30?;

1

American Coal
OoasoUdal'u Coal of Md..

Onmborland Coal

A

nev bds
new bonds.. jmjt

Oatarf

Bllrer Mining....

....

Railroad Bonds.

Jersey Southern iBtm.7p
otiso!. Ts, lQ}S.
do
N. Y. Central 6s, IBM

I

do
n» four ctnp
CJlcago A Alton isi mort.
do
Income.
d
Bink'g fund
iollec A Chlcago,;8t m.
•

35^
84
l!8
.•105

La. A Mo., IsL m., guar. :I07H
8t.l..Jack.A Chlclst m.l 10»H
Chlo. Bnr.A g. 8 p.c.latin •}»«!

do
do

conaol.m. 7i
ss sink, fun
1

Ch.Rk.l Al'..s
to, 19:7,

112

iV

'.03

do
do
do

f.lncjli>,'»5.

coupon

to.l9l7, reifUl'd
Krok.al) .M's.lst I g.fi.
88
Ventral ot iN . j ., tst m., tu :ii8
do
Isl conso'. ..
do
tsseaieJ
*»!«;

do
do
do

conv
aspcnicl

81« Si

.

u.

con«uai

assd led.

imp. bonds

I

do
do
sseute i.
Ch.Mll.A8t.l-. St m.'Js.i'.D
do
itdm.7a-iu, do
do
do
do
do
do
do
do
do
do

lBt7s,
Ist

t^
in., LaC.U.

.it.li

lsim.,l.ft M...
iBlin., 1. A U.
1st m.,H.
1st m.. c.

A

I>.

A M.

cunBul.sIuk.rij
ad

m

Ist ni.,7f,

&7
B7

us

I

I

80
OO

la4M, ....
100)j|....
ilOS
....
103 !1I0
i»^H io«)4

,

mort

.

I

I

111

106
119

cp^ld.bds.
reg.

A

1st ni.,
Mllw., lat

Winona A

conv.
mort.

8t. P., 1st m.
do
2d mort.
C.C.CAInd's lat m.7s.SF.
do
consol. m.bda
Del. Lack. A Weal., Id m.
do
7b, conv.
do mcrt.. Tb, lucr;

Bmgh.A

A

do
do
do
do
do

loe

ib7>J

.

.

PttUlnsuU

iiiu

101
114

114

103
•li*

do
do

'IW

N.v.

Col.

m

.

Del-AHud.Canal, lat

m.,'i.

tit ro.

.

St. L.

120
110

II

....
....
....

i

1

04

A Iron Mountain, lat m
do

A

Mm.

do
do

1 rl6« aoittlUAi.

man.

A

2dmort. Inc*mt
S. lIl.K.lst m. 8s
Warsaw, 1st S.L

1st w. D
do
ifuillogt'n tilv ...
do
2dnior>. 1^84.
do
»'onaol.7f, 1911
do
...
do P.Con.l(cpts,lat.E.I)
do
do
Ist.W.U
do
Bnr. U
("o
do 1st p -cf .inc for J M
do
do fo cona'd
.

Aud

I9t

111.

do

do

2

Clilc.
I

A

gold

.

do

78,

.

,

i

i»t

Grand River Valley
Hone.
Hous.

121

[nJ.

80

A

Texas

do
do
do
Bloom.

ex

I.

18,

West, dlv

A

123

do
118

M
113

83

'^

.

'It.L.ASo'easl. conB.7B,gold,'M
St.

....

Louis Vandalla

A

T. U.

1st.

do
M, guar
lOlH Sandusky Mans. A Newark :s.
South Side. L. 1., 1st m. bonds.
do
sink. fnnd...
40
04

...

....

....

avcru«d laierMt.

•SO

90
40

t»

4ontb. Minn. 1st mort.

IHq

price to-daj

;

7<i.

'

95
35
64
«0
78

f103

100
95
fI12)4 IIS

88

W
100

88
101

IIW

95X 90
i»
88

iOSM

00

»0

81
90
89

97
31
30
40
99
74
9i

8^

*Sd..

ilies« ate lateit

i

<

i»

uo
98
40
sa
ttS

92
S8
35
31

80
100
87

a(»

no

%
90

100
101

40
IU»

«

95
75

90
40

38
95

100
100

Little

Kock

80
7

5«

:....

A

Ist

Mlsafiislppl Cent. Ist in. *is
id mort., ex coupons....
Mlii'.A Tenn.lslin.8s, A.
Istniort., 88, B
Mobile A Ohio sterling 8s
Bterilng ex cert. 6s
8s, Interest
2d mort. 8s

^ew 1st mort
Now deben.ures

4S

37
102
ho

10&

Ill

Hit

87
70
70
00

^8

»»
74
74

S&

19

20

78
27

7»
20

N.u.AJacks. lstm.8«..

107

110

CertlQcate, 2d mort 8s.
.SMhvllle Chat. A St. L. 71
1st. Ss. Tonu.A Pac. i!r

101
94

Bi

l«t,6»,McM.M.W.*Al.Br
Nashville A Decatur 1st 7b
Norfolk A Petersb.lstmJIs
lEtmurt.7s
2dmort.8s

f5
104
103
100

I

|107

lOi

90

....

8s.

1(>5

110

2d mort. 8s
Grange AAlex'drls, lsts,6t

90
90
78

Norineaat., S.C., Ist

m.

.ds,6a
Sds,8s.

S'«)t

tUeh. Fred.

A Potomac <s.

mort. 7s
A Danr.

(Hell.

Ist consol.6r

iouthwest.,Ga..eonv 7s.14
.Sonthwestem, Oa., stock.
). Carolina RR. Ist m. Is.
7s, 19UI, low NOS
ts, non mort

MTannahAUhar.lstm. 7b

40

IS
100
100
81
100
82

20lOe.

93
30

9S
88
90

end.

6
80

40

West Als., 1st mort. 81....
adm.81. guar

108
108

110
11»

Tennessee State coupons..
South Carolina consol

15
40
90
78
26

77
36

Cna'aton

A Sav. (s,

.

lOi

74

HI

77

2d7s...

lttis.88

SV* ao

no
115

ACoL 7s, 1st m.
A Auff.Slendorsed
UeinptUs A Ctta'aton 1st 7»

^tock
.Uempn.
I

35
35
n-an 1l«

no

Greenville
73.gnar

j

00
lr«

38

IMacon

91

20

20
30

Ti
84

Stock
Georgia UK. 78

ilOU

8»

100

103

Kast Tenn. A uteorgla 68.
K. Tenn.A Va. »e.end.Tenn
B. Tenn. Va. A Oa. 1st. 78.

>

SO-

ao
100

86
65
75

Charl'te Col.A A., cons. 1*

iS3

oa

on.

do
do
2d 7b
Gheraw A Darlington ds.,

48

95
93
33
B8
85
7i
21

coup

Stock

78
105
101
93
45
41

103
90

(

(

Ala.AChat..Uec'sclfs ,vsr
Atlantic A (iulf, consul..
Conso!., end. by Savan'h
Carullna Cent. Isl m.68,g
Cent. Georgia cousol.m.?!

'^

SS

RAIT.HOADS.

I

78

t!0»
Michigan Air Line 8s, 1890
Montclalr A O. L.:at ;b, (newj.
»a
28
N.J. Midland ist 7s, gold
J, T. Elevated Ul!.,latm
K. Y. A <)3W. .Mid. 1st

.

102
OS
45
37
72

45.

107

gold

105

:Jdm., 78, g..

do recclv's ctfa.ilabor)
do
do
(otheri
Omaha A Southwestern Kit. 8s
Oswego A Rome 7s. guar ....
Peoria Pekln A J. 1st mort
Pnllman Palace Car Co. stock,
do
ods.. 88, sth series
St. L. A I. Ht. (Ark. Br.) 7s, g.
M. L. A Ban F., 2d m., olsaa A.
do
do class B.
do
do
Glass C.

88,

2&
26

102K

Wllm'ton,N.C.,68,g.

101
41

.

AG. N. conv. 88
A 8. SB, Ist :n .."while"
Kal. Allegan. A G. K. 8s, gr.
Kalamazoo A South H. 88, gr.,
KansadClty A Cameron lOs.
iteokuK A D.M., IstSsgr. R.I.
Long Island Kit., ist mort. ...
Lonisv. A NuBhv. cona. m. 7a.

liullroad. 68

I

7»
e»
'«»

55
^8
50
10

77
85
28
38
25
US
95

5e

Consolidated 68..

-tock

100
74
103
va

old

iNorfolk tta
IPetersburg 6s

6e

31
«9
87
C2

68,

l(»
50

',

new

1)3

Waco
consol. bda
West., Ist ...

68,

93

g, ,8.

?», ist m..
g., certs.
C. Ist 78, gold.

ut. N. l8t

.

10(1

:4«

A

.

HO

ioiH

IS?
40
38
100

notgu

Int. II.
.lack. L.

11^
III

H04

Indianapolis A St. Louis lat 7s
Indlanap. A VIncen. Iat78, gr..
International O'cxas) :8t (8. ..

HUM «ox
18

7ii

,

Jst'.a, l.g.,

SashvUle

100

,

NewOrleana prem.

44
02

g

m

I

«0«

..

.'Ja

lift

6
6
20

,.

I

I

30

guar

Cln. Lafayette & Chic, lat
Col. A Hock V. lat 7s, 39 years.
do
lAt 7s, 10 years.
do
2d 78, 20 years..
Dan. Urb.Bl.,* P. lstm.7s,g
Denver Pac., 1st m.7s, ld.Kr.jr.
Erie A Pittsburgh 1ft 78. ?. ...
^o
con.ui., 78..
do
78, equip...
„

^ew

"w

',0

funded

8s
,
![iIchmond 68
78, old
8S« [Savannah
7s, new

41

Inc. 7a.

gr., Cs,

1.

6b,

Momgomery, new 5s

US

32

mort?, 6s

dm.

S'thwestern

;

111

US
100
89

jn.St.V.& ^tlnneap., 6*,g,,new

do
do

9n

'i

t

East.

ill3H

2d mort., pref..

Belleville

A

lias

1!4(»
108

9^X roL Peoria *

.

—

U5

78,

100

10
10
to

A C. RK.
Comproail-te ...
Mobile ds (coups, on)
8s (coupoits on)
Endorsed. M.

;o3

104>,

Ist
Ist 7e,gold...

lllis'Kvausvlllo Hen. A NBShv.7s..
Rvansvllle, T. H. A Chic. 7b. g
i'llntAPere M. as, Land grant
Fort W.,,Iackson A Si
'4.)»;iii5
Grand H.A Ind. '.st 78 l-g.. gu.

li u
lOU
,
108)4 "".'S

ft PItu., consol.. i.f
iio
4tli mort....
Chic, ft Ind.
1st mort

A

103U 103

I

US
I

m

N. y. Air Line.

107?«'l0"isi Bvansvllleft Crawford8v.,7s..

IXb^
^

do

107

.

110>ii

2dm..
8dm..

St. L. K.t N. K'l K'e
R.,7a, "SS
St. 1.. Alton
T. H.,ist

78

104

t!00
111

,

101>t 10)

C,

75
7)

mis

68, adm.g.
„
.
i°,
Central
of Iowa Ut m. 7s, gold
Chtc. A (;an. South Istm.g. 7s

9iW

»7«

.'.'.".'

1963.'."

P. Peiik, 6>.gold

California Pac. RR.,

!0,.},;

107*6
»»J4

A

Boston

*

OalroA Fulton,

;liJ«,ts

••-

do
2d mon
107k IOTm; Itome Waterfn A Og.. con. Ibi

do
do 189
a*
1st extended
do
101
....
coup. It. lS9i loiv ia2u
do
reK. is, l.'<9> l"l-lj lO.'t,
do
do IstPartlv.c. s,1917 lo^M^os
do
res
Albany A Susij. 1st Uds
lOB
do
d dn.. lOS
d
8d bonds.
'

100

do

;-t,;B

2d mort..
bonds, 1900.
construcl'n
7s. of )87i
1st con. guar.

do
do

CleTe.

,

ICssex, 1st.

...

ts7

m.

PenniylTdnla KK—
ritU. Ft. W. ft Chic,

Jt

114

AtcliI«on

UOS)v'

Ist ra
6s, isr>..
c.fs.
1st m.. 6s, 1S96
1st

till

9U
.....

w

108
90
100
45

Ss.

bond J C
Bonds A anl B

116

Utt

now Memphis
:i2
i'»

KAILROADS.

I

do
do
wUhcoup.clfs.
do Ist, is, Lea.en.br.,'9i
do
wlthcoun cifs..... J40
do l8t,7%U.&L.O.D'd.'*j
81
do
with coup, ctfs ..
81
do Istm.. ?i, IM gr., •80.
do
wiih conp.ctfi"...
;itb
do 2i mort. .78. 183(1.
an
do
with coupon ctf t..
do Tnc. cp. No. uon 1916 14
do Inc. cp. No I6onl9I6
14
do Den.Dlv.Truit Ke *..
bOK
do Uetich^dcoup. do.

UH)

::.

Toledo 7-30B. ..
Yonkers Water, due

7

I

do

with roup.

<lo
I

Mil

1IH

los.w ibi^l Chtc.

SouthPa-^.of Mo.,

Kansas Pac,
I

l(«>j 101
102«'....
IIU
..

\imii
tl08

ii»
1'6

rioi

Niacon bonds, 7b

fl05« :08
...

tll3
tll3

Lynchburg

!]««

113
114
110
103

:l«i

.

exi'n bds..
1st

do
Iowa M!s!ind, :st m. 8s.
Ualeua A Chicago Kit

Morris

;

41J<i 47)i

108

,113

no8

7s

I

lat Spring, div.

do San Joaquin brar.ch
do Cal. ft Oregon Ibt
do Sttte Aid bonds....
do Land Grant bonds.
Western Pactflc bonds....
Southern Pac. of Cal.. l«t m.
Union Paclflc, ist mort. b'di
do
Land grants, ',s.
do
Sinking fund...
Pacific R. of Mo., Ist mon..
da
2d mort
do
Income. 7s.
do
litCaron'tB

I.AD.Kt

CMC. A N. West. sink, fd
do
Int. bonds.
do
coQsol. bdb
io
do
do
do

o<

114

7s, gold, 189M910. ..I.AJ
7s, gold. 1901
J.* J
IQs, pension. ISM.. J.AJ.

Atlanta.Ua., 7s

long

Works

M.4S.

4s, 1892

Augusta, Oa., 7s, bonds.
(Tbarleaton stock 6a
CbarleBton. 8. C, 7», F. L.
Columbus, Ga., Ta, bonds.

no->M\(n

'

80.

51
tli'3

CITIES.

long.... 1113

con.'iolldatcd

3d

115

1

iS?*

187>-'8<

Carolina con. Ss rgood>.
Rejected (best sort)

3.

Texas

Pongfilceepsle Water. . !.!!!!!' 111
.'."^iJS'^!' Kocliester C.
Water hd<.. 1903. tI12
2d
Toledo 88. wate, 1894- "SI ...
100

ion

Central Pacific gold bonds,

ailj'nilb., iCOa.

Ijehigh A v\
do
do
Am. Dock A

1

Railroads-

Pacific

sua

w
m

.

Uarlem, Ist luort. is.coup...
do
do
78. rog ...
Xorth Hlnsourl, Ist mort ...
iV. r. Elevatei Ki;.,'8t m., 190J
Ohio ft Miss., consul. slnK. ta.

Georgia as.
86!^

94

in

.

47
76
ta

....

C

lOM

;ios

hKltaiiimollR7.;lOs

.

1{

78,
7»,

SiUabeth City, ahort
do
long

I

103X 103J<

7fl,

''<'

Detroit Water

do
61.1387
n''7
6s, real estate...
•.iotii] ...
do
lUIH 100
do
6i. subscription,
do ft Hudson, Ist m.,coup
do
do
istm., reg. :iiii
...
Hudson R. Is, 2d m., B,f., issr ;iotfivl....
Cinada South.. Ist guar..
7-?i;' ^8j;;

71H1

STATES.
B,5i

Waterworks

sewerage
water
river Improvem't

LOMK Island City
Newark Clty7s long.
do
5l^ iiH Oswego 78 Water Js,

New

an

,.,

tfl,

Cleveland

li;;!

,

gua
m.

Mlnn.i!t £t.L.,tBt ts
ChesA. A ouio M. si

do
do

8t

7»

Alabama new consols. A..

74

8s

IIBJ,!

. .

8toc> Kxclian-je /Vice*
U. A Krip. l8t m..
do
Kuar. ...
Bn-.C. K* North., IH5S..

73
1S5

isi

IS.

..

(.Brotera' QuoiaUont.)

fl

"84

Albany, N. Y., 68, long
Buiralo Water, lone
ChlcngoSs. long dates

UWti

1st m. 89. >882, s.f.
do
do
equipment bonds,
Mo.K&T.,c-ns ass., 1C04-5-S.
2im.lnr.. 1911
Ai
H. ft Cen^.Mo Ist, X'SSO.

Bono J

eqlllp't tionds

ex coupon
Oreat Western, Ist m., 1888..
do
ex coupon

Mln

Tol.Can. S.ADet 1BX7«, g
Union A Logansport 7s...
Un. Paoinc. So. Br ,«b. g..

Wuiiih>n Secniitioa.

10»

83

Hartford ea.varloua

Metropalltai KIrv., U\. 1903.
Mich. Cent., consol. 76. 19ji^.

so

2d mort

CITIES.

S7

Cln. let mort
sterling

ft

ex.matnredcoup...

Kxteoded, ex coup.

iarokers' t^uoUiOoru.)

Con8.reg.,2d....

rto

I

I,

nUacellaneons LUt.

Cone. coup., lit. 110
I'.U
Cons, reg., Ut.
Cons, coap., 2d.. :i07

Uarletta

iron.

Maryland Coat
Penusylvanla Coal
Bprlug Mountain Coal...
MiTlposaL, A M. Co
do
do
pref.

liKoutli.

latm.St.l.. dlT

con. convert

losHi'ioJ
:ia>t 113

State Line li

do
do
do
do

I'tt.!.

Illstrlcl

JIDJ
110

exien<

isi lu.

ex coupon

do
2d mort.. '93
do
<x conpon
Qntncr A Toledo. Ut m., •»..
o
CI i-oup^n
,,,
llUnolB A So. Iowa, Iflt mort
do
ex coupon
Pekin LInc'In A Uec't'r.lst m
western Union Tel., ISOO.cp...
do
do
reg

107H

Kalamazoo ft W. Pigeon, iil (113
:U3
ft ToL.Ut 7a, 1906
113
Lake Shore Dtv. bondi

i»rof

Janlon Co., Ualtlinore

Brr.

1.!!!

Det. Mod.

do

Chic.

Krie,

ft
ft

do
do

103
103
85

Ash., old bde

ft

do

Buffalo
Buffalo

SO
100

..press...

ijd

'to

...
...

mort.

new boDda

Cleve. F'rlUe

Ail!ii[U T'cp-i'n
t.

lis

Tol. linking fond.,

ft

do

niscePoaa SCocka,
Av

A St. .Io., 8s, conv.

illl

ii«

Cedar K. * Minn., Ist inort..
Indlanap. Bl. «t W., in mort.

iH

. .

do

Am.

no

io;«

Cen.— Dab.*31<>m C .Utm
do
do
2d dlT.

Ul.

,

do
do
do
do
do

lOS^ilOOU

.

Oblo« UI«^I»lppM>nif
ptu. rt. w. A cii spec.

A WaSaali,,

Tol.

till)

.

( h.i'.

11B«

118

.

do
litres
Dfnr.ft KloUrando Ut ni.,19U0
Rne, tit inon., extended
do Vd do 71. \^,9
do Sd do 7ie 1888
do Hh do 7i, 18^.... ..
do 5th do Ti, 1883
do Ti con^. goM bonds, 192.
do LonffDoctc boadt..
Buff. N.T. A K. lit. m.. 1916.

Chicago

Mew York
R. Y. Now

* baii).,f*t--'*ii''<(U'*

* aaruusa, lit coup

Keua.

Sloox City.

L)nK IsUnd
Nashr.

Albany
81

PAST DPB OOITFONS

Virginia coupons
Consol. eoitn
Meninbls City coupons....

quoiAUooi uuwto

tbls

week.

10

e

.

..
.

.

THE CHRONICLE.

118

NEW YORK LOCAL
Bank

[Vol.

Insarance Stock

I'lTrDBNDS.

Surplus
dates.

Amount

are not Nai'l.

S

America*
Am. Exchange

3,000,000 1,413,700 .J.& J
5,000,000 1,157,000 M.4N

BroR'lwfly

1,000,000 1,1U5.4'
HB.OOO
800.000
2,000.000 S51.H00
15.800
800,000
450,000 1E9.000
SOO.OOO 3,iai,v00
l.',5,4i)0
000,000
1,000,000 1,413.5110
,000.000 Z.OiH.OOO
297,100
i,i;r)0.ooo
740,000
1,000,000

Butchei b'<!i Dr.
Central..

Chaee

Chatham
Citizens'

—

Commerce

ConllR^ntal
Oorn Exch'ge*.

BastRlvvT

First
Oallatln

1

German Am.*.
German P^xch.'

,000.000

61»,i)00

T.'JO.OOO

82,700
50,v00

200,000
200,000
200,000

Germanla*
Greenwh;h'
Grand Central •
Grocers*

Hanover
Imp.A Traders'

A,

M.&N.

700

16

10

8
8

8

,1-74,600

.

Aier.'

500.000

M.Tcaiitlle...,
Merchant-s*. ..

1,000,000
2,000,000
1,000,000
300,000

«5,»100

NI.&N.

59,300
17»,000

M.&N.
« &N.

(195,00

I.&

500,000
600,000

Merchants* Ex
Metropolis*.
Metropolltai

100,000

Nassau*

1,000,000
2,000,000

...

>. r. County.
N. Y. N. Elch
Ninth
No. America*.

200,000
300,000
750,000

North River".

240.000
300,000
428,700
100 2,000,000
Peoples" ....
25 412,500
Phenlx
20 1,000,000
Produce*. ..
100
108.300
Republic ....
100 1,500,00
St. Mlcholas... 100
1,000,1100
Seventh Aard loo; 300,000
Second
100 300,000
Shoe* Leather 100
1,000,000
Sixth
100 -^00,000
state of N. Y
100
HOO.OOO
Ihird
100
8'^2,700
Tradesmen's.
40 1,000?)00

Oriental*

75,801

l.ft

.7.

69,200

F.&

A.

41,5'JO

J.S

J.

Vl4,40i

Union

"

143,601

I.&

•nl

^

nil.

78.

en

'79. 6
.Jan., '79. 3Ji
July, '76. 3

"«'

Feb.,

8

7
"3

7
14

8

3
5

•74.
'78.

Nov.,

•78.

3

'-.7.

3

Jan

•79.
'7W.
•79.
'78.
•79.

7
4
3

,

Jan.,
Ian.,
Jan.,

12

Aug

•7-'.

,

5

8
10

3
9
8
8

Nov..
Nov.,
Nov.,
Jen.,

2

8

1§^

loo
...
50
Continental.,.. 100
40
Eagle
Empire City.... 100
100
I^mporlum
SO
Exciiange
50
p'arragut
17
Flremen^s
Firemen's Fund 10
Firemen's Tr .. 10
100
Franklin
German-Amer. 100
50
Oermauta.
50
Globe
25
Greenwich..
100
Guardian...

72

an
2
3«

Jan.,

4

'"n

,

Hoffman

I

an., '70.

Jan., '79.

Jan

Aug.

Lorlllard

Mech.&Trad'rs'
74>^

3

75

.fi

Jan.,

J.

'79.

Niagara
North lilver

2!-.,

.VI.&.N.

Nov.,
Jan.,

A, I.

I'ark

Peter Cooper...
People's
1

3X

December 6 for the National banks, and

Ga« and City Railroad Stocka and Bonds.
Par.

Brooslyn Gas Light Co
OiClZdng'OasCo (Bklyn)
do
«erti0cate8..".'."!
Harlem

,

„

'.

2,000,000

20 1,200,000

...'.'.

eertillcates.'.!.!!!!

_do
_
Sew York

.'.'.'.'."."..'."

'crIp. .'.'..'....
•

bonds

"lo

do

Central of

V

..!.

curtll^uates,

New York

Williamsburg
!!
do
scrip...!!!!!!!!"!
Metropolitan, Brooklyn
Municipal

A.4

3-iO,000

0.

«
5

8

Rutgers'
Saleguard

100

25

St. Nicholas....

Standard

25
60

Star
Sterling

100
100

Stnyvesant

i

an

Nov.,
Nov.,

Va

Jun.,

.

1.000

1,000,000 J.

ft

J.

M.4N. in

.S25,000

Var.
300,000 J.&J.
50
466,000 F.ft A.
50 1,000,000 Quar.
Var. 1,000,0011 J.* J.
100 1,000,000 M. 4N.
100 1,500,000

100
40
140
170
110
100
70
103
85
90
88
i5

.^ue.

700,000 .M.&N.
100 4,000.000 M.&N.

100

65

Feb.,

5

Jan.,

^

Ja'i!,'

i«

Aug.,

2

Jan.,

sn
2H

United states..
Wfstchester. ..

millamsbgCJ

25
25
25
10

83
78
85
65

an.,

Nov.,

110

•

Over

BUecter St.tt F'ttionterru—etk
lit mortgage
Broaitwau <t Sevent/i ^cc— stk'
Ist mortgage
9roottvn CVty— stock..
Ist mortgage
|<;o<Kiwajr

(

flroeJr/i/nj—Bto'cii.'

Brpoklun <t Hunter's ft— stock
Ist mortgage bonds.
Bufhwlck An. (fl-JJurD-sto'ck"
\jtnlral

n., .v.*

mver-,<K

Jf.

145

100
900,000 •! * J.
894,000 J. ft J.
lno 2,100,000 Q-J.

1,000

1,000 1 ,600,000 J.ftD.
10 2,000,000 Q-F.
1,000
800,000 M.4N,
100
Q-J..
»uu,uuo
800,000 w~'f
100
400,000 A. ft O.
1,000
soo.ooo'J.ft J.
100
600,0001
100 1,800,000 J. ft J.
1,000 1,200,000 J. ft D.

Broadway.]
July, '78'....

25

J'ly.inno' 92U 100
Jan.. '79 68
70
June. '84 100
102

Nov., '7.S 140
Nov., '801101
Jan., '791136
Oct.; '78

1888

Ja

^79

,

,

83

83
203
SOO
136

106

65

75
140

96
11»
io
106
80

160

90
ISfi

195
160
65

70
115
115
830
110
i25
120

50

176
118
110
96
140
135

including re-ins-jrance. capital and Fcrlp. t Inclusive of
Figure! with a minus sign before them show that the toapany to
impaired to tuat extent.
scrip.

Cltr Secnrltles.
LQaotatlons by Daniii. A. Uorak, Broker,

Wall Street.]

Bonds

Months Payable.

due.

Bid.

Ask

XitO York;

Water stock...
1841-83.
do
1854-57.
Croton waterstock. .1843-51.
do
do
..1352-«).

'eb..

do
do
do
do
.May 4 November.
-eb.,May Aug.4 Nov.
do
do
do
do

.

do
1-75.
Market stock
18K-68.
Impr^vementstock
1869
do
uo ....1869.
Consolidated bonds
Street imp. stock

var.
var.
var.

do
do
Consolidated

New

"Westchester

May Aug. 4 Nov
do
do
do
do

CrotoD Aqued'ct8tock.l865.
pipes and mains...
do
recervolr bonds
Io
Central Pai k bonds 1853-57
do
00
..1853-65.
Dock bonds
1870.

150

no

10

Interest.

180

May 4 November.

6
7
6

May

ft

Novo'nber.

do
do
do
do
do
January
do

7
«^'
7

County

do

do
do
do

do

4

July,

do

1878-1880 100
1878-1879 100

102
108

102

103
106
108

i.siKI

18S3-1S90 103

iaS4-U(n 104
1884-1900
1907-1911
1878- 1S9K
1877-1896
1901
1898
1891-1807
1889
1879-1890
1901
1888
1879-1882
1896
1891

no

119
109

107
101
100
118
107
118
106

103
:07
119
108
119
106

1'12
114
112
111
102i6 105

102

1(15

111

113
107

108

100
102
90

'..
ConsolldHti'd mortgage bon s
60
1902
Ori/ Dock, f. B. >*/(fi«eri,-stk
98
100 i,*.;oo.ooo Q-F.
Nov., ^78 ..„
Ist mortgagi-, cons'd
90
.
SOOftc
900.000 J.
Jui.e,'9S101
tAffflth 4fJ«n we— stock.
105
100 1,000,000 J. ft .1.
"T9
ist mortgaKe
Jao.,
203,000'j.ft J.
M.?(. * ffr.ind .St ftrru-iiici 1,000
Jac, '81
i'lo
100
748.000 M.&N.
Ist mortgage
Nov., '78
140
1,000
236.000
A.ftO.
CenlralCroHH 'ioton- stork"
Apr.,^9S
115
100
800.000
Ist mortgage
40
1,000
200.000 M. ft N.
llotuton. Vfti sl.it/^m.JP'y- stk
Nov'.'liioi 92« 96
100
850,000
Ut mortgage
10
20
soo
600,000'
J.
4
J.
'94
July,
Stcontt Avenua—tioei. ,
84
88
100 1,199,500 Q.-F.
Apr., '18
Sd mortgage
40
1,000
150.0001 A. ft O.
'85 85
Apr
Cnns. Convej-tljlc
90
1.000 1,050,000 VI. &N.
May, '88
ExienNloQ
76
tOOftc.
200,000 A. ft o.
ikxl^ Anen.te- stock...!!
Sept. .'81
75
100
750,000 M.4N.
May. -ni 82'j<
Ut mortgage
,..
75
1,000
41.5.000 J. 4 J.
Julj-, ^90 105
Third ^ceutM-'Stock'.
115
100 2,000,000 Q-F.
1st mortgage
'•V.,'78'll5
1,000
,000,000 J. 4 J.
July, '90| 97
7i~'.l</.i/>(r3fifre«tlilocx!!!'!'
ibo
100
600,000 J 4 J.
^ijt mortg avng.,'7«i 95
100
1.000
250.000 M.ftV.
'93 100
106
ThU col»,nn .hows last dividend
on »toct,. but the date of inatnrityof
t>onda.

&D

July, 7S. 5
65
28,316 10
10
10
200,000
July. 78. H«
13,981 14
25
15
800.000
Jau
15
15
400,000 1560.901 15
79. 7
Jan., 79. 6
73,779 10
10
10
200,000
617 8
Jiiy., '77. 4
8
4
800.000
Jnfy, 78. 5
78,642 10
10
10
200,000
nee, '78.10
80
20
800,000 416,561 80
F b., '79.10
20
20
200,000 .-07,980 80
.Jan., '79.10
20
153.000 209.786 80
20
.It.n.. '79.10
20
170
20
800,000 t4»S,4.S5 20
80
210.000 178.940 20
17HS Aug.. '78.6-72 125
145,7'.W 20
.lau., '79. 6
80
250,000
18
2,022 :o
July, '7-. 6
10
800.000
5
10
Jan.. '77. 5
65
10
200.000
5
172.204 20
'an., '79.10
133
26
200,000
26
80 11-45 1250 Jan., '79.8 83
tl008519
1 ,000,00
2«'n'
30
Oct., 78.10
300,000 517.088 ;w
20
102,483 14
106
200.000
14
'an.. ';9. 5
14
10
.Jan., '77. 3
50
200.000 —11,973 10
S
110,105 15
200.000
20
Feb.. '79. 5 113
15
Jan., •79.
180
200.000 164.588 i2n 15
15
-,n
90,569
19
204.000
IS
100
12
Jan., '7' 5
160,000 -13,886 10
10
luly, '77. 5
50
10
87,581 18
150,000
100
18
12
Jai., •79. 8
45
200,000 -12,6.;8
720,101
12'.
1,000,000
ib" 10
Jan., •79. 5
600,000 679,890
SO
I-O
30
Jan., '79 7
200,000 129,778
iO
80
115
.Ian.. '7i). 6
321,18
200.000
40
40
Jan., '79. 71,. 250
H3,29l
67
10
laii.. "'9. 31,
200.000
10
137,'^0'
20
150.000
iJan.
20
' n.. '7». 5
10
133
500,000 599,219
10
96,2-i3
10
200,000
Jan.. '79 5
10
1^'
10
8,000.000 1,179.04-i
Jan., '79. 6
10
1' 0.000
19.135
10
.Jan., '79. 3>4 60
10
14<,783
18
ll«
600.000
Jati., '79 5
12
108,807
12
200.000
Ian., '79. 5
95
12
41,216
10
200,000
Jan., 71.. 5
75
13
10
200,000 t298,081
ept. '78, 6
10
199,068
150.000
20
160
Jan., '79 10
20
21,6il8
10
280.000
70
Jau, '79. 5
10
162,77? 20
150.000
20
140
la 1., '79 8
20
126,421116
10
800,000
Jan., '<9. 5
10
61,864 10
150,000
10
80
Jan., •79 5
10
200,000 t2»4,7. 6
80
150
Jan., •79 8
80
81,567
80
800,000
10
Ian., •79. 6
10
11
200,000 201,431
133
Jan.. '79. R
18
250,000 2i7,-.!80
14
106
Jan.. •Ttt. 5
20
200,000 27-2,'iOl
80
IrO
.Jan., '79.10
SO
183,521
150,000
80
165
Jan., '79.10
80
51.:168
200,000
10
80
Jan., '79 .1
10
170.K08
180
200,000
135
.Ian., '79. 8
20
114.891120
200,000
20
106
Jao., '79. 6
18
184,751 20
200,000
85
20
.Ian.. '79.10
16
200,000 116.836 12
100
Jan., '79. 5
4
210,000 832,142 20
20
20
Ja ., '79.10 190
170,985 20
200,000
80
17
Aug.. '78. 7
19,!')50
200.000
'O'J
50.864 io
SOO.O'O
ib" ib" Jan., to! 5
60
500.000 432,403 10
10
no
12
Jan.. '79. 8
125,871 12
860,000
12
lOi
11
Oct., '78. 5
SO
200.000 418,974 30
20
Jan., •19.10
200 000 10(,f)90 20
20
ibb'
20
Jan., '79. 6
150.000 207,114 20
20
180
20
lau.. '79 10
118,290 20
150.000
20
115
18
Jan., '79. 6
050,319 15
20
1 000,000
lis
20
Jan., '79 6
11.201 5
200,000
.Iin.. '77. 8X 65
61,586 10
200,000
,s^
Jai., '79, 6
133,061 10
IKJO.OOO
10
TO
10
Ian., '79. 6
73,072 11
210.000
IS
90
12
Jan.. •79. 5
200.000 809.831 20
25
170
80
Jan., •79 10
119,0.37 12H i!>n 16
200.01
110
lai., •-19 8
200.000
19,411 10
10
Fe .., '79 6
10
200,000
169,443 1-8 11-65 1285 Ian., '79.6-23 IW
300,000
105
162,1 22 12!^ 15
17>s Jan., '79. 6
200,000
54,227 10
85
10
Aug.. '78. 6
10
200,000 150,216 20
20
Ja ., •79. 5
!6
150,000
181,242 20
135
85
Jan., •79 5
20
250,0110
837,990 18
•la
•79.
18
8
12b
18
1,,
300,1 00
196,307 10
10
10
Feb., •79. 5
260,000 414,028 20
80
20
au.. '79.10

all liabUiiles,

.

[QnoUtionsbyH. L. Qeaxt, Broker.

Bid. Ask.

135

.Jan.,

sm *ug.
in Jan.,

1,000

Bid. Ask.

Jan.,
Jan.,
Oct.,
Feb.,

1,000,000 M.&S.
5,000,000 Quar.
1,000,000 f.& A.
1.000,000 Var

r.

10
.

Var.
Var.

50 1,850 000 f.&A.
20
750,000 J.& J.
50 4,000,000 J.* J.
100 .!.500,000 •iI.&S.

25

People's (Brooklyn)..'.'!!

5"
ao

l.COO

Date.

Amount. Period.

""25

.

« .
Matual,N.
r
do
bonds.
ffassau, Brooklyn

100

100

Tradesmen's....

Sas Com-Ainxt.

lietropolltan

Republic

Rldgewood

Last Fall.

,f

50

Relief

Nov., '78. 5
Jai.,'79. 4

[Gas Quotations by George H. Prentiss,
Broker, 30 Broad Street,

& Hoboken

ICO
20
50

Phenlx (Bklyn 50
Produce Exch. 100

3

'78.

Jan., '79.

50
25
25

Pacific

Jan., '79. 4
Inly, '78. 3
•78. 3!« 101

.J.& J

Merchants'

National
87l|J
N. Y. Bqultahle 35
New York Fire 100
N. Y. ft Boston 100
New York city 100

3

an

3
4

Mi'ch'iC8'(Bkn)
Mercantile.,

Montauk fBkn)
Nassau (Bklyn) 50

4

8

^

Manul.4 Build.
Manhattan

120

3

'79.
'77.

T..

Lamar.
Lenox.
Longlsl.CBkn.)

4

luly, '78.

50
50
100
SO
20
40
00
100
25
50
25
100
100
25
50
50
60
50

Knickerboc.kei
LalayetteCBknl

,

Feb.,

25

Kings Cb.<Bkn)
120

'79. 8
uly, '74. St,

T.&.I.

100

Hope
Irving...
Jefferson

Feb.,'79. 2H

J.

Home
Importers'*

125

2H

'79.

50
50

Howard

6
4
4

15

..,

Hanover

3

'79.
.'an., '79.
Jan., ';9.

Jan., '7-'.
Fej.,'79.
Ja-., '77.
July, '77.
Jai., '79.

Hamilton

1876. 1876. 1877

I

.

8W

'7-1.

'79.
iiaii., '79.
Nov., '7S.
an., '79.

10
4

4

'78.
'77.

SO

Commercial

3H
3X

'76.
Jan., '79.
Jan., "79.

100

Commerce Fire

4
4

.'an.,

20
70

Columbia

an

J my, -75.

5

Citizens'

76)4
121

.May, '77. 6

Jan.,

17

11«K

79, 8

May,

7

50
26
26

Brooklyn
City
Clinton

228

r^
"e

Uowery
Broalway

Priob.

1,

1878.*

,

loo

Atlantic

12
Jan., '79. 5 400
6^^ Jan., •79 3
10
Nov., •78. 5
7 Oct, '78. SVs 130

10

loo

Amity

12

Jan.,

F.& A.
J.& J.

">a^!^''^

.^tna

American
,50
American Excb loo

id

F.&A.

.J.

4
3

»7fl.

Feb.

.

J.&

108

S

•79.

•Jan.,

32«.30n J. & J.
677,90S M.&N.
88,800 J.* J.

200,000

D^eriV?or'"t'he°st'a"t?

260.100

Q-F.
1.& J.

288.800
36,000
46,300
64,700
178,000
42,500
103.900

1,200,000

Vie.t81de*.,.,

Jersey City
Manhattan

July

Amount

ar.

Adriatic

126X

J.n., '79.25

10

147,400 .!.& J.

i

5

I«n., '79.

.

PacHc'
Park

3

•71).

10

43,800 1 & J
88,600 J.& J.
160,400 1.& J.

7011,000

4

'Tsl

Jan.,

10

J.

205,900 I. ft.J.
81,-00 I.& J.
too.eoo .).& J.
S2,700
34,600 m'.&'n!
6;i4,mo I.* J.

00

3,000,1

Hill*.

»7y

Nov,,

lan'.i

&A

2.6.10 I.& J.
73.800 .!.& J.
277.200 I.& J.
9i:7,9u0 I.& J.

100,000
400,0110

.Jan.,

Jan., '7S. 8
Jan., •7». a
Jan., '79.
3ii

100

iV&J.
I.* J.
J.& J.
.

2,0110,000

d«l

F.&

14,200
16,700
IH9,40o
1

A.&O
May,
May.

icn,(ioo

Mechanics'
Mech. Assoc'n.
Mech'lcs & Tr.

Of'

ii«

n8,0i)0 I.&.T
600,000
8,.'00
100,000
J. & J.
387,700 1 & •)
000.000
2,050,000 1,026,800 F.

Island City* ...
Leather Alanuf.

Yori-.

COMPANIXS.

Last Paid

T.'&J

411,700

300,000
,000.000
1,500,000

1

Irving

Murray

8
7
12

68

.

Fourth
Fulton

Manhattan*..

J.&J
l.&J

250,000
7,600 1.4 J.
100.000
41,5
150,000
Qi-J.
100,000 150,700
500,000 1,337,700
3,500,000 888,000 r.& J.
407,«iiO M.&N.
800,000

....

llih Ward'....
Fifth
Fifth Avenne*.

Manuf. &
Marine
Market

I.& J
I.& J.

ib
"l-m'ly 100
J.& J'
8
M.&N 20
l.dE J.
7
.!.& J.
8
F.&A 10
611,800 I & J

Chemical.

New

18- ,6:0

8."0,000

itreet.]

Dividends.

?urplu<>,

Period 1876. 1877.

Lint.

Bailiv, broker, 7 Pine

Net
'

Bowery

S.

'

at latest

MarK'dihusi*)

XXVriL

SECURITIES.

Stock List.

[Quotations by E.

City

.

"

(Quotations by N. T. Bkirs, Jr., Broker, 2s Wall
BrooktuH—Loa&l impr'txu'iClty bonds

do
bonds

Jaiuary
do
do

„

P. irk

Water loan

bontls

May 4

.,

do
do
Park bonds

do
do
do
Noveinbi'i

•U
January
do

..,;
"

*All Brooklyn bonds Hat.

July.

Io
Io
do

do
do
uo
do

Briil^ebonds
Water loan
City bonds
Kings Uo. bonds
Brldg-

&

.1.1

ft

July.

do

St.]

1879-1880 101
1881-1895 102
:915-1924 119
11 lU
1903
119
1913
1902-1905'loeH
1881-1895 ll'4
1S80-18HS 11 3
188I1-1H83 102
no
1924
1907-1910,108

!03

111

12W

120W

\fi
119
108
100
118

10U«

.

.

[Quotations byC. ZABnisKlE, 4;

Montgomery

St.,

jersey city.)

Jersej/ iMt/

Watei loan, long

do
1869-71
Sewerage bonds
1866-69.
Assessment bonds. ..1870-71.
Improvement bonds
Bergen iMinrts
iftaft-JW

January 4 July.
January Jt Juij
do
do
Jan., May, .Inly 4 Nov.
J. ft J. and J ft V.
I

l«n..".-.- ».>. .Ini.

1893

lOl

1,899 190?
1,S78 l.'<79

107
100
;.S7»-I8;9 100
1891-»4 1106
IM.in

!ni

102
108
101
101

107
lin«

—

:

VcBBOiJiv

1,

)

:

THE CHRONKJLE.

1879.J

Jjiiucstincnts

119

Total eTp«n>e«a«ahov«atated
Tor cent (7f) of mrolDg* allowed Ibarefur

f8^i*,M|

I/issfor 1878

t' 57,101

'.SS^M

IXMa(urls;7

STATE. CITT AND CORPORATION FINANCES.

In that abape.

ings.

ANNUAL REPORTS.

report concludes as follows: "No change has been made
capital stock or funded debt.
The aai'iuot
due the le.'ii'ee nn construction account has been increased $0,839
lor sundry cluiuiH paid
and of the total amount due on construelion acciunt
$l4iil6—:the sum of $3, 167 is payable in the preferred stock of tbe company at par, and the remainder, $11,679,
is payable in cahh.
The amount due the leasee on the rent account was increased
during the year $60,4-58 which was composod of
BllUpayalilc rot'red, leaviog this company wltbont any ilablllly of

The

amount of the

in the

Lonis TandiiUaA Tcrro llanto Railroad.

;

—

{For the year endin/j Oct. 31, 1878.)
From the nnnunl report we condense the following
During the lineal year ending Outober 31, 1878, the earnings and
•xpenf<e« aa reported by the Ifssee were
:

•

Qro<«Oiriiln«e

ti,(M,U3

Kliich nh'Mild he doducicd the anrouiit paid nn aoenaut n( (livitilon uf caralQiss wUh tbe Indlanapolla A
$II,«S96
..
8t. Lnala IIR.UO
Lbm m«u 't received on accoant of divirion uf carnlnga
*,8£0—
witb uiber compauiea

Frum

Barolntri on which rcnml ts to bo ompntel
Tbirtjr per ceiil of Ihie amonni. buing rental, la
Add laierect ou CUj ol Groeuvlile londs

fiai nature
Deficit lu runlal, snfflc

-t.RIi

Duo
Due

15:1

:

lyJ.O'X)
34,.'i9l

>,)88—

Le-vingsdellclt for the year, and advanced bjleatce.of

DrAdt roriifir
Ada deflcll lo November

349,113

$)),&S6

tniSSS
1st,

U77

29$,0S2

November 1st, 1878
fi38,688
or this deficit I'^Ol, 000 is compoaed of interest paid in 1874
on the income bonds, since exchanged for preferred stock.
Tbe following statement will show the earnings in detail, compared with last year
dcflcit to

:

BAENINBS.
1878.

Freight
Paaeengera

1877.

t« 8,730

$fllO,8U

SJii.W)

Increase. Decrease.
$l,P82
....

Bxnrees

3.V6M

872,539
31,508

Mails
Uitcellaneous

57,417

•i»,7ft3

1,«89

1,855

m

$1,069,143

$1,118,470

$59,081

Total

pay Interest on bonda

f. II.

T, U.

A
&

46,l5tl

**,*l*

uri'r thereto, not r>resented
R R. Co. 'or old calms I aid
R.K. Co. for advances on cent account

r.

4,866
11.679

I'^.OM

Total

$1j4.«40

additions to the cost of tbe property, as will be observed
by reference to the treasurer's balance i>heet, have been $3,839, of
which the sum of $7,693 was composed of claims connected with
the origin il construction of the road, leaving but $2,149 for new
construction expenditure, being this company's proportion of the
cost of the relay station at Bast St. Louisi.
No final decieion has yet been reached in the cont»8ted tax
cases referred to in the annual report for 1876, concerning which
the prospect is not altogether hopeful to the company. An appeal
to the legislature tor relief will probably be made at tbe present
session.

SBNERAL ACOOUNT,
Dr.
Cost Ol road and equipment $8,827,'09
S.OIO
City of Grfenvl'l- bonds.
5
Due by Cla> k county
975
ash
Income account, balance to

Cr.

stock. $2,376,950
Inaiallmenta pd
6,365— $8 3S3,316
Preferred stock
1,544,7(
PIret mortgage bondc
1,8»,000

I

debit

;

;

transportation

Maintei anceof way
Maiutei ai ce of eats

General expenaea

ToUl

The

,

1^78
$236,8)4

1877.
$102,; 60

i-5.:2ti

W,8i5

SS7,^ii

!40,6M

«2,&>>5

h2,b:6
21,618

-.{.'',000

$898,941

$845,140

Inereare.
$33,«77

Decrease.
$:o,ooj

4<,7!)4
•

80,090

• .

481

$60,800

resnit to the lessee in the operation of the road during the

year was as follows

OCT. 31, 1878.

Common

Second murtgaee bonds ..,
Coupon^, not p'esented
Coupons. «ae Nov. lat, 1878.

333,668

IS,Si6

decrease in the freight earnings was wholly the resnit ol a
reduction in the average rate received, equal to 14 06-100 per
cent, the average rate in 1877 having been 13 66 100 mills per
ton per mile, and in 1878 10 88100 mills, a reduction of 1 78 100
mills. Tbe average local ralp was 2 cents in 1877, against 1 75 100
cents per ton per mile in 1878 and the average competitive rate
was8(?5I0OmiU8 in 1877,a^;aiDst 8 03 100 mills in 1873. This
large reduction in rates would have produced far more unfavorable results had there not occurred an increase of 28,484 tons, or
4 51100 per cent, in the freight carried, with a largelyincreased
ton mileage of 8.104.6a5, or 10 01-100 per cent. The total of
tons carrifd was 659,705 in 1878, against 631.281 tons in 1877.
The increase in the toncage was whuUy in the foreign or competI'.ivH bu^ine!'s, which wbs augmented 46,897 tons, equal to a gain
of 21 43100 per cent.
On the other hand, the local tonnagd
decreased 17,912 tons, or 4 32 100 per cent, which was entirely in
the coal traffic.
Of the decrease of $46,136 in the pnssenger earsingg, $41.3)3,
or 18 13-100 per cent, occurred in the foreign or competitive
travel, and $4,803, or 3 1-3 per cent,in the local travel. The report
says: " This diminution in competitive travel resulted from the
annulliuir of the contract, on Frb. 1, 1878, with the Indianapolis
& 8t. Louis Kailroad Company, for the division of the business of the two roads, that comj any thereafter resuming the running of through paesenuer trains and from the termination, in
March last, of the arrangement with tbe Illinois Central Railroad
Co., by which tbe through line between St. Louis and Chicago
via EfBngham had been eotablished, the latter company deeming
it more to is interest to form such a line in connection with the
Wabaah Railway tin Tolono. Your road, bowever.slill continues
Vie leading passenger route between St. Louis and the Atlantic
eiil-B.and has eaUblished a gool freight line between St. Louis
and Chicago via Terre Haute. It is very doubtful whether the
travel between St. Louis and Chicago via Ef&ngham, although the
In* was only I,") miles longor than the Chicago & Alton liailroad,
eyer yielded any net return."
The followiug Btatemeni will show the expenses of the lecsee
doriog the yeir, compared with 1877:

Mwtvc power

3>,7M

I.

Doe T H.

<fe

I.

R R.

9,600,000
4,8t)5

9l,0CO

Co., for

cooatnctlon
r. H. A I. R.R. Co., for
rentacconnt

14,846

Due

The

OondacUng

'ind tixua

The

$131,930

Taxes...
Qancral exoenscs

ToUl

Coupons due

ill6,>!8

aom were

$21,738
to

:

fSi6,8<7

year'a charges against this
lotereatoa li-tmorlgaze bonds
Interest OS id murl£a,{e bonds

em

This leaves the floating liabilities 0.:tober 31, 1878, that were
payable in cash, as follows
Ciioponsdno NoTembcr lal. 1S73
$11,000

Sl,03l,i27

Total rcvenne

The

$i>>U^

It will have been noticed that the increaae lo the expen**! of
malutonance ol way amounta to $46,781, which is nearly tbe eqolralent of the increased loa^ in operating tbe road, and which iacludes large sums expended for the permaoeot improvement of
the I'loperty, to be hereafter referred to, and which ordinarily are
charged as additional con.itruc.ion. The amou it ol earnings
al>sorbed by expenses waa 84 57-100 per cent in 1478, againat 75
65-lUO per cent in 1877, an increase of
03-109 per cent of earn-

The iNVRSTOitB'HuppLBMKNT t» publiHhed on tbe lut Saturday
ofaaob monlti.and furntalied to all regular aobnorlberi ol the
Obhonici.B. No aiDf^le oopiea o( tho Surri.B»lBNT are lold at the
offlM, aa only a autflcleot number ia printi>d to supply rearular
labaeribxm. One number of the Sui'PI<kmknt, however, la bound
np with Tub KiNANOiaii Kbvibw iA.uoual),aad o«d be purchased

St.

iae,M8

Incrcaae

Total.

Total

$8,664,823

Troy

197,096

$8,664,883

&

Boston.
(For tfie year ending September 30, 1878
This company works a line from Troy, N. Y., to North Adams,
Mass., 47'51 miles, with a branch to Benningto.i, Vt., 5 38 miles,
making 52 89 miles in all. The figures below are from the
reoort to the State Engineer of New York for the year ending
September SO, 1878.
The stock and debt are as follows
:

Slock

$1,609,010

Funded d<bt

»,iT9,5fl0

4S6,0«

I'loating debt

$4,8^4.588

Total

Road and equipment
The earnings were

X,l!53,7eti
:

1876-77.
$1 7,405
350,<«0

l,i-71

»*.«-.7

48

$560,343

$5TO,-:61

ol

385,:g6

281.160

0-5

$S74,747

$<76,618

0^

$10,591
5,194

$10,608

0-1

'.

Total

Expensoa

Net earnings
mile
Net earnings per mile
Pir cent of exponsea
Orofia earninirs per

The

Per

$171,490
263.9-0

i<7:-7f>.

Pas^enjjcrs

Frelgnt
Other aonrces

50'9a

disposition of net earnings

was as follows

6-9
3-9

07
06

6,830
50'67
:

«n4,'MT

Net earnings
$8011715
30,o:8
Sl,5i5

InlcroBt

Dividends
RentalB,

Cei>t.

Ac

861^818

Ualance to f urplns fund

The

total

The

year.

$lt>483

earnings were but very slightly different from last
was increased $64,045 during the year.

floating debt

OENERAIi INVESTMENT NEWS.
Anthracite Coal at AnctioD.— The sale at auction on Wednesnav of 100,000 tons Scraotoo coal, by the Delaware Lickawaon*
and Western Kailroad Company, resulted in a decline in prices
compared with those obtained in December. There wa» an average decline of 31 cents per ton on egg and ol 23^ cents per ton on
stove coal, and the average on all the grades was $? SI per ton,
against $2 71^ at the December sale. The following shows the
prices obtained this week comparel with those received last

M

month

:

—

THE CHRONICLE.

120

Average

Prices.

Gr«le

2i),P00

Eves

80,000
40,(«0

«:ove
Chestnut

$^35®....

&

Santa

S!

8 40(aa 80
2 40@a 32X

S^i

32X

2

a?E@...
8 3534 40

7,0M

Atchison Topeka

price.

received.

ToTiB.
I.OCO

Fte>mer

Av. on
Dec. pale.
gi 42X
2 55

2 313i
2 '.5

2 bSJi
i iiS'i

39^

2 42)4

2

Fe— Denrer & Rio Grande.—

•Of the negotiations proceeding between these railroad companies,
in regard to the control of the Denver South Park & Pacific
Bailroad, the Ameiican Excliange recently reported:
" The first-named company on December 2?, 1678. entered Into an agreement
with \hc Debver & t^oiuh Park Railioad & Construction Compary and the
Denver south P.:rk & Pacific Kailroad, by which it obtained practical pospesThe a<rreement was subjutt to the ratificaLion of the
f ion of the la' ter road.
-bondholders of the Denver & Rio Grande Railroad Company, represented tiy
the assignee of the ieise of ihe road to the Atchison Topeisa & Santa Fe
Tlie qnestton of the ownership of the South Park & Pacific road
la a ve.'y important one to the Denver & Rio Grande bondholders, and Mr. L.
H. Meyer, the assignee, has. it is understood, declined to give his assent
without some proierting concession being eranted to Ihe bondholder?. A
formal demand for the guarantee of the bonded debt, principal and interest, of
Santa Fe Railthe Denver & Rio Grande Company by the Atchison Topeka
road Company was refused la:t weeit l>3f the latter coiporation, but it is
<;oi fifieuily amicipated by the representatives of the Denver & Kio Grande
interest that eventual y the suarantee will be given.
The contract al>ove mentioned provides for the purchase by the Atchison
Topeka & SanfaFe Railroad Company from the Denver & Souih Park Riilroad & Construction Company, which has charge of the building of the
Denver South Park & Pacific Railroad, at par and accrued Inteiest, of
$700,0(0 of the 7 pi r cent gold first moitgage bonds of the iast-named road.
The purchase money is to be deposited wiih the Farmers' Loan & Tinst Company of this city, and is to be applied, fr^t, toward the payment of the
outstanding indebtedoess of the construction company, and, stcond, to
complete the construction and equipment of the Denver South Park A Pacific
Railroad. The Atchison I'opeka & Santa Fe Company receives $700,000 of
Ihe capital stock of the Denver South Park & Pacific Company, in order to
maintain its control of that company. The issue of the first mortgag bonds
of the South Park &, Pacific company is limited to $1,800,00', the $700,000
bonds received by the Atchijon Topeka & Santa Fe being deemed canceled
.And destruyrd.
To Bu,irantce the construction of the South Park Railroad, $550,001 first
Tnortgage bonds of ihe com|)8ny are to be pledged to ihe Atchison Company,
and deposited with the Farmers' Loan <fc Trust Company. The contract also
provides thit whenever the Pueblo & Arkansas Valley Railroad (which practically is part of the Atchison Topeka & Santa Fe road) shall l)e extended
from is point of intersection with the Denver Sonth Park & Pacific road,
ntar Tioui Creek on the Arkansas River to Leadvlile, or any points oeyond
that place, the Sooit Park Cimpany shall have the right of joint trackage over
the extenflon upon the payment of a monthly rental of 8 per cent per annum
on one-half of the ac:ual cash co-t of the construction of the track bo far as
osed. The right of joint use of tiack upon the same lerms over any ex' eneions constructed by ihe Denver South Park & Pacific Cumpany connecting
with the Pueblo Jfc Arkansas Valley road is also confirmed to the Atchiscu
Topeka & Santa Fe Company. Ail extensions to the San Juan mining icion
by (ither Ibe South P-ark or the Pueblo & Arkansas Valley Company are'also
to be subject to the same provisions of the agreement, which are to be
perpetual. The tracks thus used in common are to be kept in repiir at the
joint expense of Ihe two contracting railroad companies, arcorrtini' to the
traffic of each company upon the tiacks so jointly used.
1 he cjntract also
provide* that unifiirm rates (hall be established for all competitive busini ss
wett of Denver and Pueblo, to be fixed by mutual agreement. The receipts
from all comp.iitivc bnsiness west of these places are to be pooled upon the
following basis: After deducting aud reservlns- to each railroad company 50
per cent of its respective receipts accruing by reason of suci bus ness the
remainder is to be pooled and divided m'lnthly, sliare and share alike,' and
any difl'erences due from the one road to the othe-, from any and every month s
receipts, is tii be accounted for and paid over within thirty days after the end
-of each month.
The pooling arrangement is to continue in force for twentyflve years from the date of the agreement. In conclcson it is stipulated
that
both the Pueblo & Arkansas Valley, and tne Denver Snu:h Park «fc Pacific
railroads shall be completed and equipped to the point of their junction near
Trout Creek on or before July 10, i879."

Company.

[Vol. XXV.IIr

Central Railroad of New Jersey.— This company applied to
have placed on the N. Y. Stock Exchange list their inc'ime
bonds, not exceeding $2,450,000 in amount, dated M-iy 1, 1878,
payable on or before May 1, 1908, with interest at the rate ot
seven per cent per annum, or whatever part thereof shall have
been earned, payable May 1 and November 1 in each year, and
not to be accumulative or cirried over from year to year. They
are registered bonds in sums of $1,000, $500 and $100, each
denomination numbered from 1 upward the exact amount that
They were put on
will be issued of each cannot now be fixed.
the list under " Income Bonds."
Ciiicago & Lake Huron. The Detroit Post and Tribune says
" A quiet fight for the possession of Chicago & Lake Huron re;

—

is progressing. Several parties are advertising
60 and 70 cents on the dollar."
Cliicago Milwaukee & St. Paul. The following is a summary issued lor the year 1878
CniOiGO MILWAUKEB ANH ST. PACL RAILWAY.

ceiver's certificates
for

them, and

offer

—

:

&

-

Boston Clinton Fitclibnrg & New Bedfird.— The contract
of lease to the Old Colony Company is to be submitted to the
stockholders of the two companies for ratification. The lease is
for 999 years, and the rental is to be 10 3-3 per cent of the gross
-earnings of the joint roads.
The Railroad Uazette»B.y a: " The company owns a line from
Fitchburg, Mass., to New Bedford, 9102 miles, with 34-31 miles
of branches, and leases the Framingham & Lowell road 3613
miles, making 1.51-4.5 miles in all.
This, added to the Old Colony's previous mileage, will give it 45908 miles, the greatest
length under one management in Massachusetts. The lease will
complete the Old Colony's control of the traffic of all that section
of Massachusetts to the eastward of the Boston & Providence
road, and in addition will give it branches to Fitchburg
and
Lowell, which may be profitably used to bring busines
to its

.Steamboat line to New York. It is understood that an
existing
contract for division of certain business with the Boston
& Proviaence will continue in force.
"The Boston Clinton Fitchburg & New Bedford has been built
op by the consolidation of several short roads, and has had
a
womewhat checkered history. It has a bonded debt of $3 IC'3 100
on which the annual charge is $206,960, and a floating' debt of
*bout f8o0,000. The earnings of the two roads last year
were as
lollows
:

^

Ol"!

,

&sr'°'"'
*^P*°**'

Colony.

B. C. F.

Neteainings

&N B
^-

*«o.5«

«i''^2Mf
'.-374,33^
glioiiii

•

Total

t3^OT«;o

163,317

2,038,235

$if,63l

Sl7oTv:5l

"Had

the lease been in force for that year, the 10'2
3 per cent ot
the joint earnings would have been |327,894, or
.$41,363 more
than the net ear:.ing8 of the leased road actually

were."

Burlington

&
A Missouri River

Missouri River in Nebraska—The Burlington
in Nebraska furnishes us the following
statement of land bnsiness done in the year 1878
:

^"'°'

South

PlatI lands being lands lying within
twenty miles
of line of B.
road
aai
Korth Platte lauds, being lands distant from Vho Vaiiroad

&M.

and from twenty

to fif.y

of,U.P,K.K.l«ndg,aut

Making

These

om

•*"'<»""-

o.n
*^.-85,8.2
».5 .-<n

'

miles from, and lying north

'..*

a total of

125,1-7

gjpg,.

5,. ,„.

iTTanTT^

sales are divided into the following classes

««Ie« for cafh and short credit
8.1c. on long c.cdit of ten lear.

.,......•..•.•.•.•.•.•.

*'''""''5"'

:

.^fo^'n

,^To'?.';

t^^:%\

*l;f,?,J.;j

:

1875.
$8,051,171

Grossearning^
Total expenses

4, 93,2,324

Net earnings

$.3,100,847
:J,1S1,098

Interest charges

Balance
7 per cent preferred stock
Surplus

,

1877-

1873.

$9,114,894
4,540,434

S8,4il,7B7
4.793,313

$-1,574,461)

$3,(159,451

2,110,871

8.178,4-a

$9:S9,765
S59,'213

$1,4.J3,?'89
8::9,ai3

$l,481,f3J
869.583

J8',55a

$574, 87S

$6-21,470

Dakota Sontliern Rtlilroail.— The following

a statement of
the earnings and expenses of this road for the year 1870
is

:

lieceipli.

Freight
Passengers
Mail

Expfnses.
$1112.003

|
I

4!l,0:!

4,405

Express
Other sources

I

?,0.U

Maintenance of way
Maintenance of cars

$J19,2S4

|

Total operating expenses. . . $11-3,938

Netearninas
Taxes accruing for 12 months
I n'erest on bonded debt

&

20,2:^6

41,427
10,9j7

l,-33

Total gross earnings

New

$10,315

T'ansportatiun
Miscellaueous

$106,357
$S,1S1
3^,050

rolling stock

4,757—

Balanc, surplus
Length ^f road 63^ miles (same as last year).
Pembina is a separate organization.

49,998
g.56,3J9

The Sioux City

letroit Grand Haven & Milwaukee.— This company, as
successor to the Detroit & Milwaukee, has executed the mortgages called for by the plan of reorganization. The first is for
$2,000,000, to secure that amount ot 40-year 6 per cent bonds,
and the second for $3,200,000, to secure the same amount of 5
per cent bonds. Both are dated Nov. 14, 1878, and the bonds
issued are to be guaranteed by the Great Western of Canada.

Eastern Sliore.— The Eistern Shore Railroad (.\Id.) will ba
Anne on Wednesday, the lOth

sold at public auction in Princess
of February, 1879.

—

Lafayette Mniicic and T!looming:ton. In the matter of the
decree of foreclosure against tliis road, the U. S. Circuit Court
has referred to a master for examination the question whethnr
the whole road can be sold as one property, in such a way as fully
to protect the rights of the holders of bonds secured by the
mortgage on the Western Division. There is no question as to
granting the decree, the only points being as to its form, and
whether the whole road shall be sold together. Railroad Gazette.

Lehigh

& Wilkes-Barre

Coal Company.— This company

applied to have placed on the N. Y. Stock ExchRuge List their
income bonds, issued and to be issued, amount $1,300,000, dated

May 1, 1878, due May 1, 1888, interest
Novembr 1, at the rate of seven per cent

payable

May

1,

and

per annum, if tlie inin the several years during which the
is runniiig to maturity enables it so to pay, or whatever
part thereof shall have been earned after paying the interest on
the now existing prior mortgage liens upon th>i siid property.
'1 hey are registered
bonds in sums ot $1,000, $500 and .$100, each

come
bond

of the said

company

denomination numbered from 1 upward; the exact amouat that
will be issued of each cannot now be fixed.
The New York
Stock Exchange Committee recommend that a portion of the
" Quotation List " be designated " Income Bonds, interest payable if earned and not to be accumulative," and that these bonds
be placed under that heading.

Lo^ansport Crawfordsville
Southwestern.— lu the foreclosure suit, the United States Circuit Court has decided that
the expenditures made by the receiver are a lien on the property
prior to that of the first mortgage bonds. lu this case the second
mortgage bondholders had brought a foreclosure suit, and a
receiver was appointed to take charge of the trust, pending 'a
final disposition of the case.
The first mortgage bondholders
were not made a party to the suit, and, when the receiver's bills
came in, filed objections to their payment. Judge Orumiuond
stated, as chancellor of a court having railroad property in its
custody, that in an exceptional case he would have power to
direct the building of a link, branch or extension of the road,
which would make it a valuable property where in its unfinished
state it was not, and charge the expense to the first mortgage
bondholders, although they were not a party to the suit and were
protetting against the improvement. In this case the receiver
built a branch road six or seven miles in length, under order of
the Court, and the expense was charged to the first mortgage
bondholders. He also purchased engines and rolling stock, and
improved the road-bed, all of which the Court held must be paid
for before the lien of the first mortgage was sati.sfied.
Judge
Druminond further stated that where receivers' oertificates were
ordeied to be issued for any specific purpose, the holder must
know that they were issued for that particular purpose. Whrra

&

—
IfBonuAiiv

THE CHRONICLE.

1870.1

1,

mnnxy in loikiird to a ri-celTpr without »pccl»l authority from the
•Court to borrnw, ihf claim will not be illowed provided that the
loaner can iraca hl« money directly Inio an Improveiiient of tlie
A pernon niuat ralJNry hiinnclf
road, the Cmirl will allow that.
of the ricuivei'a authority to borrow money, olae he loana at
hla own rivk
and If the money la ml«applled the (.'ourt can
;

:

afford hini

relief.

iio

IHomphlH City Pcbt.— The Tenncaaee LeKl"l*''>''8 passed two
Jan. 30, one repralinf; the charter of Meinphla, and the
other reniandio); it to the territory o( the State ard providiofr for
Both
it- local )(Overnment under the name of a taxing district.
This action
bills, it Is paid, will beaii^aei by Governor Marks.
is intended to wipe out the entire bonded debt of l>Iemphii<.
New York City nonds.--Comptroller K«IIy (jives notice that
mppllcalliin liitH been made to the Kinanco Department nf the City
of New York for the isaiie to the Manhattan HavinuH Institution
of duplicate certificates In place of tho^e which were stolen on
the 27th day of October, 1878. All persona havine olgeclions to
the Icsuo tliern)! are required to present the same in writlnjf to
the Comptroller on or before the 7th day of February, 187'.).
Ohio & Missls8lp|)i. Mr. John Kinp, Jr., receiver of ih" Ohio
billp,

—

.& Missiseippi Knilroad, tiled with the cleik of the United States
•Circuit Court lii-< report of moneys received and disbursed during
the month of December, 1878, as follows:
naosifTs.

Ct»h OQ hand DiT.

C.«h from

rial i<vn

t-JI2,1iii>

I

ncenta

Cash from cnntliiciors
Caah fio-n Indlv.duil*. R. R. Cos., et«
Caah frum express compinics

""

Total

JSI.SOl
4.SI9
41,5
71:;

8618,M;

DlfBUIUeXXNTS.
Voiiclioi-K

iiri.ir

V

to

Not.

la.

Pa;-

-ut to

An.:

884

ir, isr«

n

;

I.,;.

8ST.30I
120,140

IT, 1876

Nov. n, H7B

lucnl to .Vov.

Inti'.H

del, oi

*',t3'

1378

iiienll.iNov.

.

g!),<l95

iia. 1, 1879

40,606

ToUl

$648,547

Pacldc Knilroads.— The Supreme Court at Wa.shington has
week decided two of the main questions «t issue between the
compaoi's and the government. The Supreme Court has shown
Itself to be most impartial in i's decision of the Pacific railthis

road questions, and hitherto there has been som'i disposition to
Court for its rulings in favor of those corporations.
•On the very important questiou of the payment of interest due
the ifovernment, the Court held firmly that the laws bad clearly
given up the claim to current interest, and that no interest was
due until the maturity of the bonds in 1895-09. In other issues
the C^)urt has ruled squarelyin favor of the companies, without
Te((ard to popular clamor, wherever tbey had the l.iw on their
side.
Now, when the companies raise a decidedly technical
point that the roads were not completed so as to pay the government its percentage of net earnings until years after they began
to make net earniigs for themselves, the Court decides against
the companies. Again, as to what are " net earnings," the Court
fairly says that Congress having given first mortgage bondholders a priority of lien, their interest must be deducted before net
earnings can be estimated; but as to allowing the interest on all
junior debts and issues of bonds whatever to be deducted before
net earnings are calculated, the claim is denied. No jury of
twelve impartial and intelligent men could make a fairer decision
on the questions involved than the Suoreme Court bas just made.
From the associated prees despatches the following report of
the decirlon is given:
No. 7.38. The Union Pacific Railroad Company, appellant, r«
The United States. This was a suit brought by the Union Pacific
Kailroad Company in the Court of Claims to recover from the
Ucited States, under the acts of Congress of July 2, 1^6-t, and
March 3, 1871, one-half of the compensation due it for the transportation of mails, troops, supplies and munitions of war,
amounting in the aggregate to $800,000. An a defetse to this
suit, the government set up a counter claim under the sixth section of the act of July 1, 186'2, to five per cent of the net earnings
of said road from the date of its completion. November 0, 1S(>9,
to November C, 1874, amounting to $1,400,000. This claim the
Union Pacific Company resisted on the ground that its road was
not completed in 1809,88 alleged by the government, but in 1874,
and that the interest upon its iudebteduess, as well as its running
expenses, should be deducted from its gross receipts in
computing the net earnings upon which the United States was
entitled to receive a percentage. A trial in the Court of Claijis
resulted in a victory for the government, that Couit holding the
road was completed in 1809 and that the government wus
eniitled to receive the diiTfrenie between half compensation,
which it admitted was duo to the railroad company, and the
full amount of its counter claim.
From that decree the Union
Pacific Company appealed.
The questions presented to this
Court for decision are
Firtt—WUea was the Union Pacific Railroad completed?
Second— Wbtkl should be included in the words "net earuingt?"
criticite the

—

:

and
TAird— How and under what
Biad^?

This Court,

by

conditions are payments
to be
•

in a long and carefully
JustiC'^ Hralley, holds as follows:

—

prepared opinion, delivered

f^rit That, although In one sense of tho word a railroad is
jjever completed or never in such a way as to make further
improvements or greater perfection impossible, there is no reason
why the word " completed" should be construed to mean one
thinir in the fourth and fifth sections of the act of 180J and
another thing in the sixth section. If the road was cumpleied in
«ueh a stuje as to entitle the company to receive land grants and

121

sabildy bondi from the government, it was also ompleti la
aeh a aenie aa to entitle the governmont to demand and receira
five per cent nf its net earning*.
This conclusion \f, in th>' opinion nf the ('ourt, so obvloa* that
it needs no argument.
The findings of (act in the cmri below
I

show

that llm company, through its President, made affi lavit to
the completion of botti of the several sections of its road and Ita
whole line prior to November 6, IROO, and that upon the strength
of these representations, and of reports made by comrnlaaionera
appointed to examine the road, it waa accepted by the President,
and subaldy bonds and patents for land grants upon the whole
completed line duly issued to the company. The lattor ii thua
estopped by its own action from pleading incompletiao.
A
stranicer case of estoppel could hardly be prcwiated.
Second What should be included in the net earnings? Tba
Court hold.s, in reply to this question, that the earnings of the
road should include all sums receivable by the company from the
government for services rendered, but not the incimn or profit
derivrd from its lands that in computation of net earnings thers
should he deducted from this gross sum the necessary eipensea
of operation and all expenditures for ordinary improveiii'-nt and
repairs, but not expenditures arising out of the company'a
land depar inent nor Interest upon its bonded indeb'edneas. Tba
latter, the Court holds,
is not
properly chargeable agfcinat
riceipta
in computing net earnings.
While tlius decidinjr
against the company on this point the Court is clearly of opinion
Third That the net earnings thua computed are to be applied
first, to payment of the annual interest upon its first mortgage
bonds, and not to the payment of the five per cent claimed by toe
government. The Court holds this to be the legitimate efiect of
the government's waiver of its own priority.
Interest accruing
on the first mortgage bonds is as rightly payable out of the net
earnings as is the five per cent due the government. Tba net
earnings are the fund out of which both are to be paid; but if the
fund is adequate only to the payment of one the inter, st on the
first mortgage bonds has precedence
otherwise the whole gOTernment debt might be paid to the exclusion of tho first mortgage, whic*! is admitted to hive priority. Such a resuit would
be nyinifestly absurd. Tho government, however, may claim
that if tbere is not a sufScient surplus of net earnings in one
year to pay five per cent due for that year it may be carried over
to a succeeding year and taken out of the surplus thereof.
This
position the Court holds to be untenable. The statute mattes the
application an annual one. If the year produces net earnings
suificieot for the purpose the government gets its five per cent,
otherwise it does not, and there the ancouat ends. It was never
intended tna*. it should be carried over from one year to another.
In conclusion, theCourt, after directing some modifications in the
decree in the Court of Claims, sums up its decition of the princi" If, with these modifipal question In controversy as f dlows:
cat ens, it should be found that the net earnings iu any on year
were not more than sufficient to pay interest on the first mortgage bonds accruing in laid year, then the company will not bo
decreed to pay any portion of said five per cent of net earnings
for that year
but, if the net earnings were more than sutBcient
to pay such interest, the_eicess only will be subject, as far as it
will go, to the payment of said five per cent; but the company
will not be decreed to pay any more than said excess.
The
decree of the Court of Claims is reversed, with instructions to
enter a decree conforming hereto."
Justice Strong read a dissenting opinion for himself and Jaa-

—

;

—

—

;

'

;

tice

Harlan

The

suits of all the other Pacific roads

k

were similarly decided.

— A press despatch

from Danville, 111., Jan.
" The sale of $500,000 of the Paris & Danville Railroad
bonds, part of the assets of the Danville Banking k Trust Company, was to-day confirmed by the Court. The purchaser was
Mr. Charles Ridgley, of Springfield, who bought them in the
interest of the Wabash Railroad t'ompany, the amoun; paid
being $.52,500. This gives the Wabash Railroad Company full
control of the road, and it will be a feeder to the Chicago and
Eastern Illinois Railroad."
Paris

29, says

Danville.

:

—

Tennessee Finances. A report from Nashville says that it is
by many eminent lawyers that one State cannot sue another.

litid

now iprotosed to put this qufsiioo to test. A donation of
$100,000 in funded Ci.upon bonds of the State of Tennessee will
be ra;ide to a certain Southern State for the benefit of her charitable institutions.
It is understood that proceedings will then
be instituted by which that State will bring suit against Tennessee for the amount of these funded coupons held for such instiIt is

tutions.

—

A plan of settlement has been submitted
the bondholders by tlie company, viz.. to fund Jjie accrued interest on the second preferred bonds, the company to begin paymt-nt of interest on the who'e amount of the morlgnge and
funded interest. I'he original mortjraire was $000,0(10, the interWestern Maryland.

to

which up to January, 1873, waa $2u2.9u'5, making
The annual interest upon this amount would be
The company now pays interest on the first mortgage
$48,174.
bonds, unindorstd anl indorsed, amounting to $000,000, which
makes an annual interest of $30,000. The interest on the first
mortgage and the second preferred mortgage and funded interest
would thus amount to $84,174. By an adoption of thi- plan the
company guarantees the annual payment of this amount. The
Btltiinorr Sv,n says that the bondhoKlera seemed well disposed
toward the proposition, and there seems to be no doubt that this
p'.an, or one essentially the same in its details, trill form a basis
ot settlement which will result in the withdrawal of the TowThe City of Baltimore holds
sontown bill for foreclosure.
$178,500 of the second preferred mortgage, upon which there ia
accrued Interest amounting to $107,100.
.^

tst upon
$802.00.5.

5

..

-

:

THE CHRONJCLE

122

xxviiq

Vol-

O O T T O N.

CO AI ME kHaL^RIT^^

Frtd.^t, p. M., January 31, 1879.
Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening ^Jan. 31), the total receipts have reached 167 097
bales, against 148,648 bales last week, 113,613 bales the previous
week, and li 1,091 bales three weeks since; making the total
receipts since the 1st of September, 1878, 3,269,740 bales, against
3,117,741 bales for the same period of 1817-8, showing an increase
since September 1, 1878, of 151,939 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:

Tub Movement op thk

E.

Friday Night, January

31.

There is no interruption to the tteady improvement of trade,
although the last week of the month is usually a qaieione in
many branches of busiuejs. Values do not advance much, as yet.
but there is no decline, and such changes as do take place are for
the better. This remark applies not only to products of agriculture, but to imported merchandise, showing tha', the "purchasing

Receipts this w'k at

power' of the country is increasing. Much of the favorable tarn
of affairs is due to the restoration of confidence wliich has followed the quiet resumption of specie piymenta. Aiverse ii tiaences are believed to have exhausted themselves, but the reiurn

onnot

The market

64,81.')

18.70?
16,917

16,0!i7

Cliarleston

Port Royal, &c

b:;

savannah

for provisions

Galveston

&o
Tennessee, &o
Florida
North Carolina

Norfolk
City Point, &o.-

;

Total this

..

week

.

1877.

1870.

60,832
11,753
6.533
2,613
12.706

1875.

i.asi

2.,568

18,771
18,957

14,617
13,280

30,944
14.473
9,818
157
12,005
12,260

529

259

309

360

400

16,37H
2,601

11,658

11,012

12,621

6,262

4,94.5

14,856
2,633

2.6P4
15,128
3,868

4,166
11,055

598

488

273

167,097

159,186

138,374

131,379

10 ',152

Indianola,

;

,

50.07(>

Orleans
Mobile

expected to be rapid.
has been alternately firm and weak,
being entirely governed by the uovements of the Chicago opera
tors; toward the cloje the " bull " party manifested more life,
and in consequence the position here was firm, wiih prices somewhat higher. To-day, pork opened with a further advance,
which was entirfly lost at the close old mess, on the epoi,
quoted at |8 50@{8 02} new mess, |10 37^3 tlO 50 F-bruuy
old uiess quoted at |8 30;g$8 55; new mess held at $10 40 for
March. Lard was in full sympathy, opening higher and fiim,
abd closing weak at $G 60 for cash lots Februiry sold at f 6 77^
down lo $0 CO March, $6 87^ to |6 67^ April, at $6 95 to |() 87i.
Bacon has remained firm long and t'hort clear quoted here at
64@5Je. Cut meats equally firm, wiih a fair trade. Be>-f and
beef hams, while remaiuiug steady, have still been quiet. Buiter
has sold fairly, thou>jh at s ime decline. Cheese of the lower
grades has been in active export request and quite firm.
There has been a slight decline in Rio c iffee, attended with a
lair businehs
the quotations are now H@15|c. The arrival-*
have been pretty liberal, the City of Para alone brinf^ing -iS.OOO
bags. The market closes with a lair degree rf activi'y, but
prices are irregular the lower grades being the most waoted are
firm, while fair and erades above are somewhat depressed.
The
Stock to-night is 09,113 bags. Mild coffee has cootinued scarce
and firm, with a brisk demand both for first and second hand
invoices; Java has been especially firm. The molasses market
has been quiet and without new feature. Rice has sold fairly at
steady and unchanged prices. Raw sugar has been quiet and
lower; Centrifugal and the lower grades have continued to show
the most depressioj, and for tlie loraaer 7t3. is now quite an
extreme quotation for the highest grade.
of prosperity

1878.

1879.

New

13,403

793

35,795
11,107
9,899
1,024
17.106
10,889

11,2.>0

97

036

143

1,601
9,960

3,314
11,850

;

Total since Sept.

;

;

1.

3,269,740 3,117,741 3,144,189 3,066,184 2,635,772

;

The exports for the week ending this evening reach a total of
130,5)1 bales, of which 85,278 were to Great Britain, 27,5)9 to
Prance, and 17,731 to rest of the Continent, while the stocks as
made up this evening are now 823.19li bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season.

;

Jan. 31. Britain.

;

Hhds.

Boxes.

NorfolkOther*

11,738

Galv't'n-

.

1,8-27

f,6tiO

189.-J'

4-i9,647

8,151
1,:S9

week..

1.8i3
7,362

81,WS

15

Totslnce

Sales fiuco the I8t of January

41).5?5

10,76i
2tj,0ia

N. York.

6,051
7,093
9,730
3,172

Charl't'n

Savan'h.

Melado.

Stock.Ianunry
Block Jaiiuary

France.

21,7B8

Refined has sold fairly at last week's prices.

Sept.

6,271

1.

85,278

27,539

3,638

72,398

1,480
7,025
4,466
1,050

7,531
14,120
20,467

75

11.813

65,512 333,153 364,781
7,750 57,756 71,534
9,186 62,010 70,545
945 73,593 99,719
2,762 84,473 79.035
6,506 130.966 135,400
26,215 32,388
8.518 33,000 54,000

17,731

130,551

101,209 823,196 907,402

4 222

1157,122 271,871 535,421 1964,414 1721,502
this week Qtider the neatl of -'otner p i-ts" mclnrlf^, rrom

2.'-86

In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &

We

Lambert.

61)

Beaver street

On Shipboard, not cleared —for

,

;

;

:

Jan. 31, at-

;

dam, by steam,

8jd,; do. to Cork for orders, 4s. 10Jd.@5s. per qr.;
do. to the east coast of Ireland, 4s. 4id.@4?. 5id.(a4j. 6d.; refined
petroleum, in cases, to Alexandria. 28c.; do. to Java, 38c.; do. to
Seville and Cadiz, 24c.; do. in bbls. from Baitiinore to Bremen,
3b. _4d,@3H, 4id.
To-day, rates were easier and business slow

frain to Liverpool, by steam, SJSoJd., 60 lbs
do. by sail, 5d.;
o. to Glasgow, by steam, 6Jd.; do. to Avonmouth, by steam,
ejd.;
do. to Cork for orders, 5s. per qr.; do. to Naples, 5s, 1
id; naphtha
to Stockholm, 4s. 9d.; crude petroleum to Bordeaux, 33. 9J."
The market for naval stores has presented a much firmT and
more satisfactory lone to holders; the Southern advlc^B are firm,
with reports of an active export trade in r.isins, embracing
fully
20,000 bbls. good strained on the basis of $1 35 quoted here at
1
4,i@l
spirits
45
f
turpentine quoted here at 29ic
Petrol'fum
has been firm and advancing during the last day or so. In view
of the endeavors of the " short " inierea to cover
contracts refined, in bbls., sold early today at
OJe but closed lower at 9Ac
crude, in shipping order, 8i@8}c. Steel rails have been
quite'
active, 30,000 ions having changed hands at ajjout
$41 at the
mills.
American and Scotch pig iron is slow or sale and almost nominal in price at the close, 3,000 tons American No
2
were sold to the Elevated Railroad, at about $16
Ingot
copper has remained steady and quiet at 15Jc. Grass seeds
have
advanced, with brisk Bales of clover at
6I@7fc. for Western and
"''oice timothy held higher, at $1 40.
Whiskey decline
J,"
;

;

;

;

;

i

I

Mobile
Charleston

Tele-

Other ports

7,800
5,916
4,000
29,774
1,800
14,000

None

Total

63,290

20,010

Savannah
Galveston

New York

Other

i ranee. ForeiRu

New Orleans..

5,925
5,638
3,800
4,527

100

Coast-

j

wise.

Lea-vlng
Stock.

_
Total.
.

,

gram

not ro- oeived.
None.
26,925
24,976
250
29,800
3,500
48,404
2,.544
«4,100
200 None.
20,000
4,000
2,000

30,831
37,064
45.793
36,069
146,866
39,215

154,205

335,839

13,200
13,152
18,500
11,559

58,611

10,294

luoUuled lu thi.'i ainouiit tuore are 2,000 bales at froases lor lorolKU
ports, the destination of which we cauiiot learn.
•

From the foregoing statement
with the corresponding week of

it

compared

will be seen that,

last season, there is

an increast

in the exports this week of 29.342 bales, while the stocks to-night
are 81,206 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all

the ports from Sept.

1 to

RECEIPTS SINCE

Jan. 34, the latest mail dates:

EXPORTED SINCE

SEPT. 1

TO—

Ports,

Stock.

1878.

N.Orlns
Mobile.
Char'n*
Sav'h..
Galv.*

•

•

Liverpool.

;

07.

1878.

1

:

^

8TO0K.
1870.

Baltibal-^s to Llverpoo'; from Boston, 5,,S?l bales to Liverpool; from
PliUaielplu-', 1,011 odien > Ltve-p.)o' ;from Wilint tgtju,l,'ij5 oalej to ulverpaol;
from en*ficola, 7.^ biles to the C jiitine i .

beeu limited, the sales of the week amountioir to no more than
764 cases, as follows 144 cases, 1877 crop. New England, 7i@
25c.; 450 do., 1877 crop, Pennsylvania, 8@20c.; 140 do
1877 crop,
WiBconsin, part 8ic. and 30 do., 1877 crop, Ohio, 6c. The demand
lor Spaoifh tobacco has been exceptionally active, and the sales
are 1,250 bales Havana at 85o.(al|l 05, and 300 bales Yara, I. and
IL cntB, on private terms.
In ocean freights a very fair business has been effected rates
can be said to be generally steady, the one or two irregularities
that have occurred during the week being of slight importance.
Late engagements and charters include Grain to Liverpool, hy
sail, 5i@5Jd.; cotton, 3-16J.; do. by steam, Jd.; provisions, 30(3)
458. per ton
grain to London, by steam, 7d.; flour, by sail,
1b. 7id.; grain lo Glasgow, by stfa'm, 6id.; do, to Avonmouth,'
by steam, 6jd do. to Hull, by steam, 7d., 60 H B
do. to Rotter-

/•oft

1878.

The exnorts

•

more,

;

,

Same
Week

Tot. this

The general trade in Kentucky tobaaco is dull, but there has
been a fair demand to fill Regie contracts still the tales of the
week are only 600 hhds., of which 500 for export and 100 lor
home consumption. The possibility of a reduction in the tobacco tax keeps the general market quiet. Lugs are quoted at
2i@4ic., and leaf, 5@13c. The movement In seed leaf has also

;

this

Week.

Total

Continent.

Mobile..

Bags.

i».B3j

47,492

N. Orl'ns

2;9,i41

Receipts since the 1st of Jannary... -W.^i
89. 18!a
80, 1B78

EXroUTED TO—

Week
ending

N.York
Florida
N. Car.
Norf'k*
Other..

709,212
260,230
427,001
572,158
422,423
87,920
39.403
105,760
sgo.si."*

87,71(

This yr. 3102,64;

1877.

907,380
292,599
359,056
453,893
336,692
53,687
9,506
110,218
359,985
75,479

Britain.

France. JForelgn

220,413 lll,0V0;i46,135
23,354 17,401 16,905
106,885 45,134 113,145
146,170 20,248 153,027
127,310 35,828 33,315'
159,153
9,981 16,145
10,290
1,967
36,429
2,050 18,589
132,034
713
850
109,768
9,576

Total.

477,560 343,370
57,660 52,521
270,164 56,645
319,445 78,001
201,483 91,541
185,279 133,639
12.263
6,721
57,068
133,597 19.136
119.344 22,000

1071.841 244,332 517,687 1833,803 303.630

958.5.-5 '028 323 30-^.131 286,8591620,293 878.490
Unaer the uedd oi VhftrinAUj't is incluJed Port aoy il, Ac; un er tae head of

T,n»tvr,
•

Galvttun la lacluJe]
Point, «c.

Itiaioaula, &o.:

uidar tho he;id of Norfolk

Is

locIuJed City

e

«

.

—

..

:

THE CHRONICLE.

Fi iuir4.RTl, 16TO.I

123

The following exchanges have been made during the week:
Cotton on tho gpot lias boen very HparinRly ofTorod In the past
-19 p 1. to ex h. aoo Fob for Varcii.
18 pi. Inor-h. ron F«i. for Marrh.
week, notvtitliHtandiiiK a fiirthor nceumuliilion of iito<'.k.i in atore.
-32 pi to rich, mio
-47 pi. 10 aich. 400 Ha ch for Ja a.
r'-h ror Mav.
Buainewi haii cunMiii|iu>ntly liovu comparutivrly sniull. Th-re
-20 p1, log., h. Siio F,.b. f.ir Mareb.
-:7pi|.'o(ni-h 1.00' F h. forMaiah
ISpil. t och.^io Feb. r T March.
-M pd. to orb. .VM Fab, for Marek.
no change in priri-s until yKstorday, whun thnro wast a better
j
-17 pi. loi'tc-n. io<i a . for .M»rch.
-20 p >. lo «>eh. 400 F«
f..r Marc.
damand anl an ndvnncu of 1-lOc. tu Ujr. for luiddlinfr iipUnda.
-18 pi. to rich. 200 Fub. fur Mar h.
-04 pd. tuauB. 800 aari^h f
Htj.
To-day, thn market was dull and prioett noniiual. Fur future
The following will show tho closing prices bid and asked for
varial)!)),
with
delivery, tho Hpeculatlun was Hpirltluss, and prices
future delivery and the tone of the market, at 3 o'clock F. M.,
some irr«<Kul»ritv; and yi-t, in tho aggregate, the course of val on each day in the past week.
yesterday.
On
Saturtoward
close
of
tho
ues was improved till
MIDIlLINa UPLANDS— AMERICAX CLASSIFICATION.
day there wa.s some depression, under an increased movonuMit of
Liverpool,
but
staiistionl
rrports
from
tho
w(«ok
crop
and
the
Sat'dir nond>jr 'fsday. Wed. Thors. Fridar.
position was regarded as a very strong one, and tlio early decline
was nearly recovered. Monday's market wa6 nearly a repetition Marketr- Enaliir. Vurliiblo. Variable. Variable. Higher. Lower.
of that of Saciirday. On Tuesday ond Wednesday on early dfBill.
BUI. Atk
Ak. Bill Auk Hill. A-k am. A Ik. »M. Atk.
oUne was followed not only by a complete recovery, but a slight Jimimry.. 9 4^447 9-45917 9-463 19 9-49319
F(il»ruary 9-453 47 !)-4'l947 9-48® 17 9 48310 9.53S-H
advance was made at the close. On Wednesday, tho receipts at March. .; 9-0 1 » 65 9-0:ta01 9-65a0ii 90736 9-72373 9-643
the |K)rts and at the interior towns did not compare so favorably April
9-81 »82 9-80* - 9-88383 0-8 1 38 ^ 0-91302 9•al»9-96997 9-9rt»97 9-93399 10CI080I l'l-07308 9-96907
with bust year as wa-i expected. Still, tho strength of the market Miiy
lOOSai" 10-11312 10 i-.i»u lO-203'il 10-10311
Jmio
lo-o-oio
was regardi d as something remarkable, in view of tho dull for- July
10-17«19 10-18a'20 10-21322 l021-32:! 10 29331 10-20322
Yesterday, there was a general advance early in Aiigunt... 10-271»29 102S«30 1030332 10-30332 10 39310 1029331
eign advi- OS.
9-50
9-.W
the day, Liverpool have shown more steadiness at the (-lose. But Tr. onlers
950
950
O-.'iO
Qulec.
Closed— Steady.
Quiet.
Firm.
Dull.
Steady.
to-day, under sales to reali'^e, caused partly by tho increased re
ceipts at New Orleans and Memphis, tne advance of yesterday
Tub Visiblb Supply of CoxroN, as made up by cable and
was lust.
The total sales for forward delivery for tlie week are 291,400 telegraph, is as follows. The Continental stocks are. the figures
For immediate delivery the of lost Saturday, but the totals for Uieat Britain and the afloat
free on board.
bales, including
for the Continent are this week's returns, and conseqnentljr
total sales foot up this week 't.i'yi bales, including l.Vi'> for export,
8,070 for consumption, 5i7 for speculation and 700 in transit. Of brought down to Thursday evening; hence, to make the totals
the above, lOJ bales were to arrive. Tho foUiwlng tables show
the complete figures for to-night (Jan. 311, we add the item of
exports from the United States, including in it the exports of
the olBcial quotations and sales for each day of the post week:
I

>l

WM

•.

I

I

•

->

—

Jan. 25 to
Jan. 31.

UPLANDS.
Sat. ISon Toea

NEW ORLEANS.
Sat. Mod Taea

Ordlu'y.fllb

7*11

7»|«

7»in

7l»i(i

7"ifl

Btriotbnl..

8

8

8

Good Onl

8><i

SH)
8«»

8»s

8%

Friday only:

TEXAS.
Sat. flon.

Taea

7"i« 7"l8

711,8

Kifl

Kifl

711,8
H-S

8>fl

8»»
8»8
8l»18 8»»in 816,0
8tr. Q'd Oi-il 8i3ia 8i:>i« 8"l9 8"l« 8'»M
Low .Middif 9'ii 9li« 91,0 »»!« i>»l« 9-<,„ 93lR 93,8 93,8
9 '4
Bir. I.'vv Mid 9 '4
9 "4
9% 93s 938 938 93rt 938
Uidailii^'..
9»1«
9«18
9»,8
9'i,
9«,«
9»is
9'lg
Ooo<l.\Ii<l .. 9'',n 9-1|o 913,6 9iiT, 9i4,„ 915,8 915,8 yi4|8 9li,8
8U. U d .Mill lo:<ii lO^'li io-->,» ll>»li 10&,i 10*18 io»,i io»,; 105,8
11
11
Mldd'g Fall lO's
io-«
11
11
lO's
Fair...
Ui'is U"l» UU,« lli3,n'll"ifl!lU3iB 1113,8 1113,8 1113,8
.

n't

Hifl

8»H
81»,„

U

U

Wed

Th. Frl.

Wed Th.

7's

~7"l«

;

Ordln'y.«lb
BtrictOi^a.

Ooo<l Ord..

(IMOnl

Btr.

Low

Mid.ivi

Btr.l.wMid
MlddlliiK...

Ouud Mid
Btr. U'd Mid
.

Hldd'KFalr
Fair

7»R
8l,«

8
H-fl
83,8
8>iii
8»« 80R
SHi
8»i«
Sl»,„ 9
SiSie H's
H's
914
Oifl
93,
9»fl
91,
9>4
931,
O^^IA
9»i«
9"i«
9li«
9',
95«
94
9T«
H^i?, 10
913,, 9'«
lOU 10»ii 1038
lO^is 10>4
lu^g
1015,9 101»|« 11
ll=ll
1113,, 11 '9
ll"ia

Ordinary
Middling

83,6
8ii,6
9'l8

Iflddlliii:

HM

83,8

9'4
9^18
9»R

10
1038
111,8
ll-'l

83,6

9'l8

MAKKBT AND
SALIfS

aeOZ MARKET
CLOSED.

Ex-

^

j

.

7\

83,8
8ll,«

83,8

8ii>i„

9

9

»3,fl

9H

914
O'la

73i
SI4
83i
9ie

94

103^

lHio
11 '8

Frl.
73i

8\
91s

200

-lotal.

1,048

300

50.5

347

977
468
1,570

i'oo

Deliv-

n„i«.
Sales.

,

829

erieg.

42.700
45.800
30,900
38,900
32.500
55,800

900
300
300
300
300
200

700 5.102 294,400 2,300
For forward oelivery, tUo sales have readied during tha week
201,403 bales (all middling or on the basis of middling), and the
followint! is a statement of the sains and prices:
Total

1.1351 3.070

I

For JauUiirr.

CU.

Bale,.

X.n.iitb »4a
0-44
9-43
400.
»-4a
9-47
TOO .........
V-48
WO.

H«1e>.
3.300

000
2aUa.D.31.

t

nnlen.

9-.^s

2,800
2.800
4.90O
2.90O

9-90

100

S.OOO..

9-91
9-92
9-93

300

5.900
1.80J
1.000

9-W

200
700

900

...0-95

1,000

i.-oo
li.lOO

11,900

100 4--.1U
100 1.0. M.
8,300

la.lOO

M-44
9-41

lO.-'OO

9-4.1

U.700
4.800

9'(S

1.900.

9-4 ^
tt

9-411

SOOt.-.Sd.
100.. n ...

9 4A

iaoa

f.n.

9«»

•

9-47
9-47

aoo
t 400
900 s.o

.

t«t

iao-ji.3<i.

10na.n.:Ui
7,400

Wl : u.

^•n

bJoo..'.;.:.;;

t T0».
lOOl.B.Sd

9 47
9 47
9-47

»\7
UlS
9-4S
9-4S
9-49
9-49

400>.Il.r<l

7.D00

9'UO
9-01
9-62
9-03
O-IM
9-H5
9-60
9-8 7
0-8S
9'n9
9-70
9-71

9-4fl

U,IM0

9- SO

9-51

Apn

100
100
1.100
8,«'0
S.900

SJ»0
2.200
8.500

800

9-74
9-75
0-70

2,aw

1000

JOOI

1.200
1.100
1.300

.

O-71I

900

BOO

9-77
9-7S
1^79
9-80

35,800

1«0

^'OO

.•Vil9«2

100
2,200.

900
400

.

.

816.2.)0
165..500

815,250
217.500

3.000
56,000
15.000
40.250

33,.500
24.2.i0

4,.50O

60.000
15.500
42.000
45,000

55..500

8,500
3,500
7,000

9,000
5,500
8,750

15,2.50

358,500

422,000

11.750
10,500

Total continental ports

202,750

270,500

Total European stocks.. ..
India cotton alloat for Europe.
Amer'ii cotton alloat for Eur'pe
Egypt.Brazil.&catlt for E'r'pe
Stock In United St.atoa porta ..
Stock in U. 8. Interior ports.. .
United States ctports to-day.

G27.250
61,000
661.000
24,000

820,750 1,174.7.50 1,237,250
84.000
119,000
r2.000
519,000
5C8.0OO
578,000
•,i3,000
75,000
77.000
892.181
921.569
907,402
99,515
146,491
134,027
29,000
33,000
7,500

82:1,196

138,874
19,000

Total visible 8upi)Iy.bales.2,354,320 2,582,643 2,907,446 3,064,346
Of the above, tbe totals of American and other desorlptions are as
follows

American—

Liverpool stock
Coutliiental stocks

American

alloat to

Europe

UnltcdStatea stock
United Stiit«;a interior stocks. .
United States exports to-day..

257,000
163,000
661,000
823.196
138,874
19,000

371,000
218,000
578,000
907,402
146,491
29,000

529,000
201,000
549,000
892,181
99.515
33,000

390,000
224,000
568,000
921.569
134.027
7,500

bales.2,062,070 2,249,893 2,363,698 2,245,096
Total American
Eatl Indian, Brazil, tte.252.000 353,000
170,000
Llverpool atook
118,000
49,500
15.250
3 "1,250
72.250
Lond(m stock
97.500
198.000
Continental stocks
39,750
52.500
72,000
84,000
119.000
61,000
India afloat for Europe
75,000
24,000
23,000
77,000
Egypt, Bi-a7.il, &c., afloat
Total East India,
Total American

&c

292.2.50
513,7.50
332,750
819,250
2,062,070 2,249,89;i 2,363,696 2,245,096

2,354,320 2,532.643 2,907,446 3.064.316
Total visible supply
6i«d.
03,d.
o^aL
li'^ieil.
Price Mid. Upl., Liverpool....
Tliese figures indicate a di-.crease in the cotton in sight to-night
of 23S.32:J balea as compared with the same date of 1878, a
dicrease of 553, liO bales as compared with the corresponding data
of 1877, and a decrease of 710.020 bales as coiuparei with 187G.
At the I:^TKiiiOR Ports the movement that is the receipts
and shipments for the week, and stocks to-night, and for tho
corresponding week of 1878— is set out in detail in the following
8tat.oment:

—

Week ending Jan.

10-0

For Aa^na^.
800
600

Tool

100.
inc.

...

1006
1007

200

10-08
10-09

800
200

lOIO

10-17
10-41
10-J5
10-30
13-31

Week endloK

31, '79.

Feb.

1, '78.

Receipts |sblpra'ta stock.

100

100

800

10-31
10:f.i
10-3:1

10-:«
10-37
10-3S
10-40

8,400

For June.
300
10-Ofl

Augusta, Ga
Columbus, Ga

Stock.

4,306
1,778

Nashville, Tena..

3,802
3,462
1,044
2,912
2.335
16,532
2,478

5,292
4,260
16,694
1,470

20,347
13,436
4,734
8,605
7,782
73,016
10,954

1,738
2.143
15,063
2,396

0,136
95 4
1,971
1,801
3,221
12,333
2,417

Total, old ports.

32,015

36,316 138,874

29,018

23,836

SIireveiw>rt, La ..
Vii-ksburif, Miss .

1,164
1,575
5.577
5,700

645

1,051
1.600
2,975
8.110

2,281
3,500
12,395

Cohinibus, Miss..

690

994
941

1.817
5,699
5,616

5,082
4,87S
1.931
12,593
4,168
1,633
36.016
5,957

93,003

M.icon,

Oa

MontKomory, Ala
Ala
Memphis, Tenn..

Sf.lnia,

4,255
2,487
1,8.58

1,.594

21,4.55

19,804
8.387
16,358
9,316
64,250
6,921
1

16,491

l'>-88

10-87
10-28
10-30

B.700
0-81
For October.
9-2 1,400
7.700
10-08
tt-93
100
9-83
8,100
10-09
2.200
100
9^3
9--1!
1,100
9-84
2,900
10-10
2.^00.
100 •. . ai U-M
9-85
1,100
10-11
1,600
80O
otlce,Jan.27.
an. 27 t No notice, Jan. 28. ; No notice. Jau. 30. Clonottce.Ja-^.SO.
NouoUccJ

MOO

556.250
155,000
3.750
29,000
7,000

421.500
129,500
3.000
7.000
2,500
11,500
30.500
9,750
3.000
6,000

10-21

3,700

300.

10-05
..

100.

.:»»03

900
BOO

2.900

ajno

10-17
10-ls
10-19

100

For JulT.
9-88
9-91
9-M)
9-95
9-98
9-M7
9-9<
9-91

1,009

1,700.

ror

1876.

743.000
72,230

15,600

For May.

n-m

101,000

1877.

781,000
35,250

Receipts Shlpm'ts

71,700

1,500.

4,400
K,«00
B.aoo
3.800

^

Totivl Oroat Britain stock
Stock at Iliivro
Slock lit Miii-acillos
Stock at IJ;ii-ce:oua
Stock at H.unburg
Stock at Kn-iiimi
Stockat AiiiKtoidam
Stock !it Kottcnlam
Stock at Antwerp
Stock at other cuutl'ntal ports.

.

S

9-4.S

e.4oo
s^too

200

1018
lOlH

9-M

700
100

Itl.

800

9-07

OO

For Febrnarr.
800
Wll

900>.l.

10 13
10-14

300

For Marcl

tt-

1012

9-8
B«9

61.300

(.a. lit.

rin.

700
1,800
1,700

1,2.)0

»,700'

1.400.

Baloa.

9-.M
9-.M

9-,'i4

Via

9-4-j

Ol«.
9-86
9-87

1,700
2,S00

....

100

547

CI.,.
9-,'i4

1878.

541.000
15,250

49,500

SALES.

551

328
799
353

1879,
37.5.000

10

OF SPOT AND TRANSIT.

261
824

761

Vrl.

7^

93r
O^ia
958
»"}»
91*18 10
10«,8 1038
11
llUls
ll'»I« ll^B

Con-

293
24
172
140
430

.

Th.

8a«

83,8
81«18
91,8

Speo- Tranport.1 sump, urt'n
sit.

Quiet and steady
Men . Steady
Tiies .Dull
We»l .Quiet and steady
Thurg SK-iuly, bigber
Frt. .lOull
.

7llifl

)l lb.

Btrlct G(mk1

Bat

Wed

7\

nonlTuea Wed Th.

Sat.

Good Ordinary

Fri.

9

Uhe

u\

STAINED.

Low

1

7H

Stock at Liverpool
Stock at London

Dallas, Texas
JetTerson, Tex

Kiifunla,
Griflln,

Ala

708

614

2,435
2,385
1,027
7,339
5,013

2,616
1,794

1,670
3,633
7,712
5,279
2,997
3,492
2,229
6.316
5,780

949

746

6,242
4,920

34,037
8.109

2,790
1,383
1,728
8,529
6,012

29,673

32,061

36,261

33,915

65.989 220.935

65,292

62.801 214.494

1,567

890
3,060
4,22.i

1,473
1,323

1,401

Oa
Oa

Atlanta.

Rome, Oa
Charlotte, N.C...
St. Ix)uU, Mo

Cluclnnatl.O

,

,

2,100
4,360
7,266

719
520
182

197
3,607
l.'J75

7,.573

9-.'»l

9-M

Total,

new

Total,

all

p'rts

35,694
68,339

'

1

THE CHKONICLE.

12

The above totals show that tlie old interior stock« have
decreased during tlie week 3,<J71 bales, and are to-night 7.()17
ht receipts at the
bales les^ than at the same period last yeat.
same towns have been iJ.Gi7 bales m->re than the same week last
I

J ear.

—

RBCEtprs FROM THB PLWr.VTtoxs. Riferrinj ta our remarks
n a previous issue for an explanation of this table, we now bring
the figures down one week later, closing to-night:
RECEIPTS PItOH PLANTATIONS.

Stocbat Intcr'r Ports Rec'pts from Plant'ne.

Receipts at the Ports.

Week
end'^-

1876-7.

1876-7. 1877-3. 1878-9.

1S78-9.

lt77-8.

1876-7.

187'i-8.

1S78-9.

19,731

5.81.')

26.750

20,7611

16,449

9,»7i'

18.866

5.68>

88,7 fO

"

IS.

41.457

18.109

47,431

83,431

16,S7i

18,9.-1

41.457

ll,»3-2

47,431

"

20.

6S!,'.I9S

•i-i,W^

71,355

23,90)

15,104

86,377

6.',998

21,17;

74.3.55

"

87.

(•5,'-'4i

*S,123

98,861

38,-3;

20.510

3r,8:a

95,845

43 118 03.863

!82.19'J

70,040 130,990

8ept 6.

[Vol,.

XXVIIL

during the past week, tlie rainfall for month footing np
one inch and thirty-eight hundredths.
Selma, Alitbama.^ The weather has been warm and dry
throughout the week, no rain having fallen.
Madison, Florida. Telegram not received.
Mofon, Cfeorgia. Rain has fallen during the past week on one
The thermometer has ranged from 48 to 80, averaging 03.
day.
Columbus, Oeorgia.^-lt has rained here this week on two days.
The ihermome'.er has averaged 63. The rainfall is tliirty-seven
hundredths of an inch, and for the month of Januai^- two inchts
and nine hundredths.
Savannah, Otorgia.
have had no rainfall the past week,
the weather having been pleasant throughout. Average therrainfall

—
—
—

—We

mometer

highest 80, and lowest

(il,

—

4(i.

Augusta, Oeorgin. 'I he earlier part of the past week was
clear and pleasant, but during the latterportion we have had light
r^in on three days, the rainfall reaching thirty-one hundredths of
an inch. Planters are sending their cotton to market freely, and
preparations for planting are progressing well. Average ther-

:o,ow

130,990

57,- 48

29,72)

47,80S

122,199

"

11.

136,074 I09,8i,4

1^8,159

78,87;-

41,891

M,88i

136,074 109,261 148,153

mometer

•

1

.

15S,ft:0 '35,054

160 233

84,871

58,745

79,597

153,830 135,r51 160.833

•'

25.

174.617 15T,6i)9

168,236

Iii3,n4

a),374 97,-87

174.617 167,f09 163.S36

NOT.l.

Charleston, South Carolina.
There has been no rainfall here
during thi week. 1 he thermometer has averaged 00, the highest
be ng 80, and the lowest 47.

o=;.

4.

801,904 177,336

167,880

123,658 105.814 115,034

201,904 177,336 157,880

"

8.

211,810 1«8,^76

1SJ,S?4

1.8,111 186,620 H9,49S

211,810 198,776 188,874

"

15.

2O5,S0d 191,571

176,001

1,57,361 l:i-!,40) 174,581

805,60<i 194,571 176.001

"
"

sa.

8ll,.-8i

»n,980

181,376

180,519

89

204,SYS 172 2 6

184.6M

197,131 tl5;,0J2 in5.9i2

Dec.

3 ),941 !88,49ll

Si 1,823 306,9-1

I81,3;6

204.S79 178,216:181.685
lt7.735 174,365 820,718

C.

187,73i 174,365

280,748 813,7281 16H,073 836,380:

"

13.

1%.4)6 i 2,S05

8J0,.91

«4.l8i 185.665 859 VJH

193,43^ 202,30:. «0,391

"

SO.

171,f.9i. 2«,.'.94

201,858 81.5,615 2i6,559 8?0,»J7

"

57.

162,633 3 .'4,634

193,1(81

853,397 8Sl,8;^ 83t,«81

171,5% 8!1.594'204,812
162,633 83(,6M 199,S81
108,776 157,118 130,508

8.

115,i68 1;65,755

141.155

819.905 J53.839 381.634

"

10.

101, 13J 142,0:19

ni,o.n

•ii^,0O:

"

17.

11.5,016 153,737

113,613

814,057 837,380 i35,21'-

8».

lO'J, I4-:

148.64

l95,')88JjlJ.01.'i

31.

l.i<".*74 15'1,1-f.

1I.7.0J7

lti-2.210

Jan.

"
"

16l,0it

-31,293 853,617

218,535

211.491 8

in. 93

74,834 125,15'}| 9:3,101

106,065 153,787

P3,vOJ

9a,4;i. 161,059 133,997

125.^3S 159,18:

ll67,0'.-7

—

We.vtiiek Reports by Telegraph. Generally the weather
and the roads have continued to improve the past week, but
still,
in the southwest, notably over a good part of Texas,
there continues to be excessive rain and impassable roads. Our
Dallas, Texas, correspondent speaks of the immigration in that
section being very heavy this year.
We have had rain, drizzles and fog, on four
Galveston. Texas.
days but as the week closes there has been a favorable change in
the weather, with sunshine. The thermometer has averaged 01,
the highest point touched having been 71, and the lowest 51.
The rainfall for the week is thirteen hundredths of an inch, and
for the past month is four inches and fifty-five hundredths.
Indianola, 2'e.ms. — Kaiu has fallen on three days, drizzles, and
the balance of the week has been cloudy. Average thermometer 64, highesi 75, and lowest 53.
The rainfall is nine hundredths of an inch. 'I'he rainfall for the month of January is
ninet\'-tliree hundredths of an inch.
Corsicana, 2^exas.
ltha< rained liard on three days the past
week, the rainfall reaching three inches and eighty-two hundredths
Roads are impassable. The thermometer has ranged
from 51 to 78, averaging 6'J. 'I'here has been a rainfall during
January of seven and twenty-nine hundredths inches.
Dallas. Texas.
here has been rain on two days of the past
week, and roads are still bad but as the week closes there has
been a favorable change in the weather.
Immigration very
heavy average thermometer 62, highest 78, and lowest 50. The
rainfall for the week is one inch, and for the month four inches
and thirty-eight hundredths.
Brenham, Texas. Rain Las fallen during the Aveek on two
days, the rainfall reaching one inch and twenty hundredths.
Roads bal, but improving
he thermometerhas averaged 03,
the extreme range having been 50 and 78. The rainfall for January is two inches and ten hundredths.

—

;

—

—

I

;

;

—

'I

New

— Telegram not received.
Louisiana. — The weather during the

Orleans, Louisiana.

S/treveport,

week has

been very rainy and roads are in a bad condition.
Receipts onefifth in excess of last 5veek.
The thermometer has ranged from
50 to 76 during the week, averaging Oil. The rainfall has reached
two inches and fifty hundredths.

——

Vicksburg, Mississippi.
Weather report not received.
Columbus, Mississippi. 'I'elegram not received.
Little Hock, Arkansas.
It has been cloudy all the week, withrain on three days, the rainfall reaching four inches and thirteen
hundredths. The thermometer has averaged 53, the highest
being 69, and the lowest 29. During the month of January there
has been a rainfall here of five inches and ninety-nine hundredths.
Nashville, 'Tennessee.
It has rained on one day the past week,
the rainfall reaching sixteen hundredths of nn inch. The thermometer has averaged 50, the extreme range having been 29 and

—

—

74.

Metnphis, Tcnnes.ice.

— Telegram not

highest 79, and lowest 46.

—

—

A comparison

D'ys

Now

Orof
we'k leans.

Mobile.

Char- Savan- Galnah. veat'n.

Mou

7,830
7,4S0

2,063
3,801
2,919
3,085
2,909
3,302

Wil-

AH
luiugtou. others.

Nor-

leston.

4,350 2,337
5,034 4,501
Tues 10,31)8 4,227 3,425
Wed 7,431) 1,1G0 2,778
Thui 4,0G7 1,.593 1,990
Fri.
12,81)2 1,718 1,893

Sat..

folk.

Total,

028 2.122
931 4,379
590 3,830
531 4,431

1,774
2,790
3,331
2,780
I.ISS] 1,884
3,607: 2,297

3,226;

4,073
3,320
2.910

24,958
34,212
32,033
25,117
3,000 17,169
7.321 33,583

511

493

1

Tot.. .30,070 18,708,10,947 18,771

TliM

movement each month

Monthly
1878.

since Sept.

1877.

283,848
039,264
779,237
893,664
618,727

Sept'mb'r
October.

Novemb'r
Deoonib'r

January

3,090 33,092 107.097

18,95711,850
1

has beiu as follows:

Year Besinnins: September

Receipts.

.

98,491
578,533
822,493
900,119
089.610

1870.

230,808
673,200
901,392
787,709
500,680

1875.

109,077
010,310
740,110
821,177
037,0(!7

1.

1873.

1S74.

115,255
353,323
570,103
811,668
702,108

134,370
530,908
070,293
759,036
444,052

-|-

Tot. ye,ar

3,289,7403,089,240 3,101,969 2,977,753 2,550,72

Perc'tago of tot. port
receipts

2,560,317

i

'

1-08

70-82

71-03

72-94

67-31

This statement shows that up to Jan. 31 the receipts at the
ports this year were 183,494 bales more than in 1877 and 107,771
By addin{ to ilie
bales more than at the same tima in 1870.
above totals to Jan. 31 the daily receipts since that time, we shall
be able to reach an exact comparison of th3 movemeat for the
diflerent years.

1873-79.

1877-78.

1870-77.

1875-70.

1874-73.

1873-74.

r'iDec.31 2,031,013 2,399,030 2,001,289 3,340,08 b 2,100,073 1,838,349
18,3-23
20,517
20,878
18,351
10,371
Jan. 1....
9,014

" 2....
" 3....
" 4....
" 5....
" 6...T
" 7....
" 8....
" 9-...
" 10....
" 11....
" 12....

22,'227

" 13...
14....

23,732
22,120

15....

15,961

16....

15,902
22,115
20,397

"
"
"
"
"

17....

18....
" 19....
" 20....

" 21....
" 22
" 23....
" 24....

" 23....
••

received.

MoUle, Alabama.— \i has been showery one day, the rainfall
reaching three hundredths of an inch.
The weather during the
week has been warm, sultry and wet, the thermometer averaging
61, and ranging from 48 to 73.
The rainfall for the mouth ot'
January is seventy-eight hundredths of an inch.
Montgomery, Alabama. Tlie weather has been warm and dry
all the week', excepting one day, which was showery.
Average
thermometer C4, highest 75, and lowest 43. There has been no

—

00,

CoMP.vuATivB Port Rbceipts and Daily Chop Movement.
of tlie port movement by weeks is not accural ti,
as the weeks in different years do not end on the same day of the
We have consequently added to our other standing
month.
tables a daily and mouthly statement, that the reader may cousiantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
e ich port each day of the week ending to-night.
PORTREOKIITS FROM 8.\TIIRI>AY, .J.VN. 2.5. '79, TO FRIDAY. ,TAN. 31, '"9.

This statement shows us tliat the receipts at the ports the past
week were 167.097 bales, received entirely from plantations.
Last year the receipts from the plantations for the same week
were 1J9,18« bales, and for 1877 they were 12'),5a2 bales.

.

.

.

1

26...

" 27....
"
"
"
"

28....

29

...

30...
31...

Total....

36,437
14,949
8.

33,218
14,523
14,394
20,040
23,926
13,778
S.

8.

25,436
24,234
24,703
22,683
31,173
24,938

10,245
15,384
12,071
12,891
13,218

30,235
18,957
31,491
20,035
8.

31,703
24,319
17,401
19,321
29,232
27,093

B.

27,877
14,735
14,174
15,700
19,317
19,037

S.

33,73?
10.533
26,386
21,971
27,980
18,520

8.

21,013
23,366
14,705
13,.399

17,707
17,212

S.

8.

38,030
28,407
27,091
24,583
27,333
22,804

31,212
32,038
23,117
17,109
33,383

8.

23,144
20,984
13,467
19,715
15,178
25.290

37,400
24,108
27,805
18,514

31,977
22,463
17,937

8.

8.

.

8.

14,3.39

32,192
25,912
23,840
10,700
24,787
21,812

S.

S.

24,391
10,013
9,704
7,568
13,813
13,010

30,923

S.

32,47,'-

20,104
15,122
10,041
17,301
13,978
8,900

21,89;23,21-.

23,147
19,512
8.

32,403
22,523
23,311
20,477
21,001
16,943
8.

23,314
24,732
21,333
32,732
23,421
16,074
B.

27,701

8.

18,178
20,963
10.214
17,021
14,940
10,571
S.

27,532
13,370
19,805
22,043
20,056
14,922
11,093

31,240
25,033
S.

•10,990

19,702
19,911
11,478
22,417
15,301
S.

39,225
23,916.

20,007
22,314
32,021
23,718
8.

39,941
18,047
25,419
23,411
23,916
27,693
S.

30,171
26,403
26,913

26,005
19,994
20,723

3,269,740 3,089,246 3,101,968 2,977,753 2,530,727 2,500,517

Percentaf'0 of total
port reo eipts

71-08

70-82

71-05

72-91

67-31

:

FKBnuART

1,

THE CHRONICLE.

1870.]

Thli BUtoment show.s that the receipts since Sept. 1 up to
nnvr 1H'),4!)1 li^vlos more than they were to the same
day of the month in 187d, and 1«7,771 bales more than thoy
We add to tlie last
•ware to the sainu day of th« month in 1377.
table thi< peniontagos of total port reci^ipts which had been
received Jan. 31 in each of tlio years named.

To

—

.tccor.linsf to our cable despatch received
r I'M 8 NTS.
there liave been 1,000 bales shipped fr.>m Bombay to
Drilain the pas', wcelt and 2,003 bales to the Continent
the receips at Bombuy durina; this woetc have been 15,000
Thi moveni'mt since the l<t of .linuary is as follows.
figures are brouj^ht down to Thursday, Jan. 30.

HoMU.w S II
Ureat
while

;

'biles.

"These

Sblpmeuts
Brifn.

week

tbls

nent.

Shipments stnoe Jan.

|

_
,
Total.

Great Conti-

Grout

,

Britain.

Continent.

TbU

Total.

the foregoing it would appear that, compared with last
has been a desrtase of 16,009 bales in tlie weelt's shiptaents from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 40,000 bales,
compared with the corresponding period of 1878.

From

.year, there

—

Bagging continues in the same
B.\os, B.^QGiNo, &c.
noted in our last, and there is nothing new to reiwrt.
'J'he demand still continues to bo for small parcels only, with no
Prices are unchanged,
disposition shown to take large parcels.
liolders still quoting 8|(dl0c according to quality, but this is
nominal. Butts have been in fair demand, though no active
The transactions are moderate, and foot up
trade is note<I.
about 1,800@3,000 bales, at 3 5-l«@2|-. for ordinary quality.
also heard that a round lot of damaged was placed at 2 3-33c. At
the close the feeling is steady, with holders quoting SfiffiSic, as
(JnsNY

«iuiet state

,

We

Tj'!l«ted, l,6'.3

Tna BxPOKTS op Cotton from New York this week show a
.decrease, as compared with 'last week, the total reaching 4,223
Below we give oar unual
bales, against 13,015 bales last week.
table showing the exports of cotton from New York, and their
<llrectlon, for each of the last four weeks; also the total exports
«nd direction since Sept. 1, 1378, and in the last column the total
for the same oeriod of the previous year.
VorkslnceSeDl.l. 1878

WnK BMSIXS
Jao.
8.

"2^355

Urttrpool
•outer British Porta

Total to Gt. Britain

8,355

Jan.

Jan.
It.

22.

Tia'

1I,«0

4,»41

Jan.

11,270

7«

Hawt^
<Kh«r Frflnch porta

Samf
Total

period

to
date.

preyui

153,073
4,-«a

167!)08
1,586

3,172

•16;,3»

159,493

9,881

100

3,305
115

9,931

8,4)0

SCO

11,193
l,70i
635

11,778
2 21S

1,050

13,535

23,! 37

303

100

303

A«men and

Hanover

S88

S!2

443

S'SO

Hamltiirg

Votal to n. Earope.

3S3

8U

413

pala.OportoAQlbraltarAc
Alothers

"Total Spain,

year.

3,17J

8,3 iO

3,660

&e

Qrand Total

3.UH

4,754

lt.015

4.«i

....

189,501

185.750

lollowing are ttie receipts ol cotton at New York, iioBlou.
PhiladelDhiaand Baltimorefor the oast week, and since Sept. 1,'7S:
I'he

FHU.AI>ai,F'U

BALTIMOU.

BBca'Ta raoH

Tbls
week.
Ilew Orleans.

Sept.

4,298

Texaa

Thle Since ThU Since
week. Sept.1. week. Sept.1.

Since
1.

95.136
106.971

norida

l",S03

.B'th Carolina

2.4n3

M'th Carolina
Virginia
Jlorth'ra Porta
Tenneasee, Ac

?orelgn

l.OSO

9S0

12,875
10,037
35. 46 J

4,<9<i

lll,'2»:i

1,677

5.331

2,502

11.495
1,310

9»,424

1,81,5

3,4^

This Since
week. Sept.1

3,818
10,169

sa.iss
66,180
44,0 9

1,791

1,185

33,745

609
750

14.20;
10,f35
36,367

1,3S3

1,863

29,147

I0!66)

7

jeu

S3,U1

675,375

1.094 166,903

8,6S1

46,693

4,6J1 104,355

Total laat year.

11,831

567,071

11,961 201,110

i,169

25,,'W5

3,826! 102,066

Total thli

1,635

Nrws.— The

States the past week,
147, 7i7 bales.

80 far

•re tUe same exports

The

Chroniclb,

last

include the manifests
n<4;ht of this week.

exports of cotton from the United
as per latest mail returns, have reached
as the Southern ports are concerned, these
reported by telegraph, and published in
Friday.
With regard to New York, ne
of all vessels cleared up to Wednesday

.

Msw

.

I.49S

l,gW
Sjl-SO

i,a»J

»,«»

Sobaatiipo:. per uteamcr Trnfa (,'ar. 4.0)0 Upland
4,000
ilarcolona, tier oh' p Ang«IUa, '.'.AO'J Upland ...per bark" Anlanio
Bale', S-.tOO Uii'and ... e lr> Gn^l. 1,600 Upland. .. Marlt lannel.
per bilg I'rea Durbteaa, 730
823 Upland ...Isabel, !,000 Upland
Ui.laud
9,043
S,482
Savannah— To Liverpool, per biik L^df Dnffjrin, .(,48! Upland
4.39I
To Bremen, per Kill. Prmctoij; 4.11*1 Up and
i.'-M
To Am-tRrriam, per bark sra, -l.f-M Upiand
i24
To ("almade Mijorci, S21 U 'land
TaxAS— To Liverpool, p r phlp Nirtbumbria, 4,17) ...r«r barka Wet8.961
terhorn. 2.-61 ...omoj, 129/ ...Uiawa'ba, 1.230
To Cork, for orders, per bark Ma.;.ia9 llusj, 1,741
1,741
818
To Havre, per brig Met or, 843
HfiVi
To Bremen, per barks Wan erer, 1,501. ...Lufra. 1,558
l.iiOO
To Hambnrir, per na a Turl9l, 1.000
1,1S}
WiLMiNOTON— To Bremen per hark Kriatlne, 1.1 '0
per barks Wave
NonroLK— To Liverpool, p-r St am.r Oicero, 8,903
9,061
Queen 2509 ...Mai len City, 2,755
T.. llivre, psr bir'K 9au S.
BALTiMOFtE— To Liverpool, p

jjo.

113

:13

r eteumera Austrian (additional), 86....
8,491
Sarmatian. 1,385 ...Einsrdo i.o20
tjamarla, 200
BoBTu.N— To Mverp ul, per e earners Brazilian, 1611

..Illyrlan. 1.029...

Pembroke, V63

PniLAnBLPUiA— To Llverpoo per
,

4,r07

8t*»am''rB

Wingatea. 37 ...Pennsvlva357

nia.jcO..-.

U7.77I

Total

The particulars

of these shipments, arranged in oar usaai form,

are as follows
Bar'lnna

Havre Breand mfn

New
New

York... 3,173
Orleans. 28,72)
8.4.W
.Mobile
Charleston.... 1,-131
3,433
Savannah
Texas
3,961

ter-

Sebas- de Ma-

dam.

topDi.

j ircj.

aivl

4.^2
1,685

4,768

9,'6«
3,491
4.0'T
317
Philadelphia..

,-26

71,778
f,4J0

....

17,i)9«

...

4,00)

3,3'20

....

2,860

4.391
1.741

....

9,0

1.3

521
.'.''.'

818 4.059

%

l.IS)

Norfolk

Vera

rrioste.Cruz. To'al

I.OIO

....27,639 7,139

Wilmin»ton
Baltimore.

A-PalmiGenoi

Aras-

A

Ilara
MarLiverpool. Cjrk. seilles. burg.

..

.

113

ll.JKO
15,603
1,:S0

97:7

....

3,491
4(107

4,7tfa 1,836

14?,TI7

...

Bo-<toi

Total

7'.,030

....

....

337
1,74132,520 17,793

2,880

4,010 11,352

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, et<-.:
Athens, steamer, which arrived at Liverpool. Jao. 14, from Philadelphia, hid
encoun eted heavy weather on 9th. Hid one bo t carried aw.iy and
another daraajred.

Nw

Barnahd Castlk, St amer(Br), from
w, 8 fl'iated WKh assistance night

0-lean«f >rR'val, before reported,
of J^n. 9, wt h *nt dis -ha-i^in;;, and
S le arrived at
proceeded on the 10th, appirently wi hint d4ma>; t.
CopenhHgen. Jao. 12, wis examined by divers and fojnd to ba undamaged. She waa t'^ proceed on her vova^e ,T n. 1).
CiTT or Chesteb. steamer (Br.), Br .kt. from New Yor*', Jan ^^, for Liverpool, was passed Jan. 26 by th.^ steamer Britaunie, with rudder disabled and again on the 27th. '0 miles off Georg.;!* -^hoa s, hy s eam-h'p
California. Tbe City of .^he^ter returned to New York P. M nf the 23'h,
Eatz (Br.)— All the c >!ton about 700 hales, saved from the s earner Kite 'Br),
from Galveston for llavr , wrecked at B.rmuda. arrived at New York,
,Tan 37, In steamer Can>m-i.
Labtinoton, steimer (Br,), from Savannah for Revnl, wrecked at Bermnda,
Mosi. of ihecargj wll ba saven; ahon l.iM baloa
will be a tstal loss.
had been saved up t< Jan. 31. Tne .veithsr for f lU' or Bve diys prl«r
a;)
nnfavorai^le
for worki g on the wreck.
had b .'"n
to Jao.
Nio, Bteamer (Br.). Bambangh. loading cott m at Charie-t m fo. Barcelona, and
nn
mrd.
was dl^cove^ed lo ba on Area 9
b
with 3,700 hales Upland
,
Jan. 21. She was fllkd with water, and tue fire was extinguished on the
hy
yet k'own. The car.o U Insured in
injury
fire
not
25ih.
Kx ent of
i

foreign offlces. The di-cnar« of the lOtton was ommence) the ^ame
day 3,200 iiales h^ve been t ken oat, of whl h about l.;00 were souud.
Profontis, tteamer (Br.), Th .m on, which arrlv •d at Liverpool, Jan. 37,
from Norfo'k, had necks swept and lost starboard boats.
Tybke, steamer. Holmes, from Fernandina, at New York Jan. 30, put Into
oharl>-8ton Jan. 20th, with shaf' broken.
Mabii Fbkdkricke, 'bin (Nor ), from New Orleans for L v -rpo i', which pot
Into Key We.»t, June 17, in dis res-, and subs- q enily had her main aad
mizzen mast* torn out, w-s to he sold at auction Jan. 21.
AMA9TASIA, bark (-pin.), Abrisqucta, from Savannah for Perrol. Spain, put
into St. ihomas, .Ian. 1.% imriiaily disma ted and in a Inaky coudiiion.
for Bremen,
Blamkt Bkothees, b^rk (Dr.), Syman?, fr im Wilmington. N.
arrived at Crookhavcn, Jan. 3), with loss of rudder and otharWise
damaged.
C. W. CocHKANK.— The wreck, cargo, rigg'ng. Ac. of the bnmt bark C. 'W.
Cochrane, was adverts d to bo »o.d hy auction at Oalve t'n. Jan. 17.
Ju»t before the sale began the chief riepmy 0. S. .Marshal stepped In
and seized everything under a writ of seizure Ir m the U"it-d Statca
District Court. ni>on a libel flled by J. U Ilayden against the said vessel
Ou Jan. 31 wre k and caigo were sold at auction for
for salvage.
Disinct Court. The hn bronght
salvage, under order of the U.
rid for the cargo wai- 8 0,«O. > nd the '.i balea of
The
highest
9:5.
$:)
cotton already saved from the wreck were kuocked down at $I,000l
About ll.'OO was realiz d from the -ale of the tackle, utensils. *c.
at LIverpo .1, Jan. 14,
Jardine Brothers, bark (Br.), from Cnnrleston, s.
toucbeii on a rock oB the Skerries, lut apparently received no damage.
Ebistikb, bark (Nor.), for Bremea, I collision at Wilmington. N. C with
schooner John Douglass, had head gear carried away and buikwaika
;

.•*.

I

C

atove

In.

.

'

„..
Nahnt, (Swed.)— The difmasted Swodith bark Nannv, Anderaon, fram Charle ton, S. C, befire repor ed, was to wed Into Fleetwood, Jan. 15. by
•

the Liverpool lug Challenger.
bark, which arrived at Liverpool. Jan. t\ from Charleston. S. C.. In a
heavy e-le had wheelhonse, steering gear, and aft, r rail carried away,
and foresail, lower lopsali. and staysails blown away.
o wi
Sah Fernando, bark (Si>an ), whirh arrived at Liverpool Jan. 15. from BuUmore, had i.ut intoScatt.ry Roads; mastand rlggi g sal 1» be damaged.
KDa«N« Hai.1, brig, from New Orleans at Providence K. I. Jan. 84. had
heavy weather In the Gulf of Mexico, and oB Hait.ras on the 19lh and
20lh, encountered a heavy gale from the Ni-rth w.tn tremendoni cro»»
cea. was hove too 48 hours, nuring which the vess 1 p-ovecl heraelf an
excellent seahi«t and sustained o damage. On Jan. 13, 50 mile* N. by
Vi. from Man anillo reef, fel In with coiton but a short time In the
water, and sailed through itfor 2> miles; suppo-ed Iro u some vessel lost
on MantanlUo ; saw a wrecking schooner hove too picking It up.

Onco,

1

Total balca.
Liverpool, per ateamera Montana, 2.320. ..Parlhla, 533
per »hip Lake Snperlor, 330
..
3,172
To Briraen. per aieamer Neck-r, 550
'6.50
To Hamiinrg. per ateamur Hinder, 510
500
OBUKi.Na- To LWerpool, per Kienmera Chancellor, 5 S.'iS .. Horden,
4.612 ...TelesilU, 2,9.15
Consctt, 5,lOJ....Seinlr«mlde, 5,227
....perehipWalterD. Wallett, 8,291
23 '!»3

Naw YoBK—To

a^H

UpUnd

1

BHippiNQ

278
7,189

C

73

4'!,S2n

1,»>^2

4,974

'Savannah....
Mobile

«7,ll«t

AM

3,660

....

John

To
To

to quality and terms.

'tBzports ol CottonCbalesirrom Ketv

R]rRr4nn, 5,tTI...

4,')ti)

Jnllto, 501)

53,000
114,750
92,000

18.000 15.000
68.000 27,750
48,000 15,000

0,000
1870 1,000 2,000 3,0(W 12,000
1S78 10,000 n.ooo in.OOO 10,000 3B.O0O
1877 7,000 1,000 8,000l 33,000 15.000

thtmptoo.

VI.

To()e>inii, per bark A^ orl a, 7K3
per achr. John II. Krai.)! 2,491..
ToTrlisIc ppr bark A-mir 1,412
Ti> V«ra Cruz, pi-'r»tL-im r lihuriel. 1.328
..
Monii.K— T.i.Livorpiioi, p-r «hl;) Irnportc'r. ».9»9.. per bark Olytlo, 3,481
CUAiiLnsToN— Ti> l.ivfrp'>'>>, pi'r b irk rre^de May", 1,131 Upland ....
To Havre, per harkn Hj irke, 1,607 Upland and wl Set island

Blnce
Jan. 1.

Week.

No

S4I6

... II>-cUDOogi, 8,796. ...per barka Utelli, i.ltiC....
Watia, 3,8.'.7
Ti) Mttifli'llleM. per aiuimnr Martlniqne, 173....
To Urvmcii. p r nt am<:r Krankfort, 3,080
p^r fhlp Virginia, I.Vt
lo Bircolonii, p r bark* Prorprldad, 378....TI>a, 9v7 ...pvr brig

Ilurrr,

Minnie

Receipts.

1.

HaTro, per ahlpa

T.

•ti-nljfUt aro

to-day,

125

.

J

,

:

THE CHROISKJLK

126

Jan. IS.— Small qn«nlitiie of cotton were picked up In the Gulf Stream prior
to Jan. 18. oy small vcsfela belonging to Key We't.
Jan. 14.— Br pOlarabelle, O'ofigins, at Bdsion. Jan. 45, fiomCienfaegoa. reports
Jan. H^lat. 3.:4i, N lou. "i9, picked np adrift 6 balesof cottot— nomarks
viBlble.

Jan. 15.— Schooner Charlotte Jameson (of Rockland). Jameson, at New
York. Jan. 2<, from Matanzas, isports Jan. 15, off Savannah, picked up
;

two

mark' were visibl**.
Jan.— A large nnmher of bales of cotton were passed on the west

—

side of Ihe

apparently only a fhort time in the water, by the
Gulf Stream, Jan.
bark Atlantic (Dan.) frum Antwerp, at Daricn, Jan. 31.
,

week have been

Cotton freights the past

Satnrday.

«@S-33

Konday..

il®9-32

Tuesday..
Wed'day..
Thursday.

.

Sail.

— —

—

d.

d.

as follows:

—

.
Bremen.
Havre.
Sail.
Steam. Sail. Steaia.

Liverpool.

Steam.

.

e.

11-16
16
11-lS
11-16

cp.
cp.
cp.
cp.
ll-lii cp.
11-lS cp.

!i&«--.2

/— HambHre-%

Steam.

Sail.

c.

c.

11

J<@9-:)2

-@V4

—@X

—&ii
—&>i

—@)f
—@X
M.— By

K comp.
a COinp.
% comp.
X comp.
% comp.

comp.
comu.
comp.
Ji comp.
H comp.
% comp.

}i

%

}i

—
—

—
—

—

—
3» comp.
H39-3J
C.\blb PROM LlVBRLiverpool, Jan 31--4:03 P.
POOL. Estimated sales of the day were 10,000 bales, of which
Of today's sales
1,000 bales were for export and speculation.
8,300 bales were American. The weekly movement is given as

Friday....

.

—

follows:
Jan. 10.
Bales of the

week

Forwarded

Of which Americ.tu
Total import of the week
Of which American
Actital export

Amount anoat
Of which American

Jan. 24.

Jan. 17.

64,000
9,000
52,000
4,000
4,000
424,000
302,000
87,000
75,000
5,000
257,000
213,000

64,000
11,000
42,000
5,000
4,000
407,000
285,000
70.000
59,000
13,000
244,000
199.000

bales.

Sales American
Of which exporters took
Of which speculators took..
Total stock

The tone

Jan. 31.

64.000
8.000
50,000
4,000
4.000
387,000
273,000
35,000
28.000

9,000
37,000
3,000
3,000
375,000
257,000
40,000
20,000

8,000

4,000

292.000
252.000

351,000
317,000

4(5,000

for spots and futures, each day of
the daily closing prices of spot cotton, have boeu as

of the Liverpool

the past week, and

market

follows

Monday. Tuesdivy. Wedu'sdy Thursd'y

Saturd'y.i

Spot.

viod*t

Market,
12:30 P.M.

Moi'te

1<fre^.- quir, f eein-

but Dul', aal
not quota
easij
„-lei*,

qulry
ly supplied lyBupptled bly lower.

Mid. Upl'ds
Hid. Orl'ue.

5he

5^18
50i6

59i6

.

56l6

Market,
6,000
1,000

8,000
1,000

Ten'II 'g

oownwil.

Friday.

5'a

aid

Kl-^m

f'-ticttonal-

ly (Jearer.

5%

55,6

5»i8
Unch'.ig'd Uncli'ng'J

Unch'flg'il

Bales
Spec. & exp.

the market was generally dull, bat prices without quotable
decline.

The wheat market was dull and deproFsed, aad yet the decline
was but a fraction in the aggregate. No. 2 red winter receded to
|1 09i@$l 09}, on the spot and Feb., and $1 lOJ for March No.
2 amber, $1 07i@fl 07i, spot and Fe'o.; No. 1 white, $1 09i^
$1 lOJ, spot and March. Spring wheats were quite neglected,
until %\ 01 was the price accepted for a line of choice No. 2.
Foreign accounts have been unfavorable, and speculative confi;

bales or cotton.

Jan. 17.— Sch'ioner Rebecca Florence, Richads. at Boston, Jan. 23, from Old
Haib ir, Ja., reports: Jan. J", lat. 31, Ion. 79 passed aquintiiy of cotton,
app renty some time in the water. Picked up 5 bales, on whlth no

,

[Vol. XXVIII.

6,000

8,000
1,000

500

10,000
1,0.0

10,000
1,000

dence in the future of values has not been maintained, although
receipts at the West for the past month have been less than for
To-day the market was dull No. 2 red winter sold
Jan., 1877.
at $1 09J for Feb., and %\ 09i for March.
Indian corn was moderately active, and though at times prices
exhibited weakness, there is no material decline to note, and yesterday the market was firmer. There was, however, some irregularity as between old and new, the former showing the most
strentjth, as it btrcame comparatively Bcarce.
Rece pts at all
points are pretty liberal. To-day the market was dull and new
mixed lower. No. 3 selling at 44c., while old No. 2 brought 47@
The offerings of Southern corn continue limited.
47Jc. in store.
Kye has been quiet, but nomiual. Prices are pretty well supBarley has ruled dull, and to-day sold at about 5 cents
ported.
decline, to which we conform quotations.
Oats declined early in the week, owing to the dulness of trade,
and the close to day was flit, with No. 2 graded selling at 30fo.
;

mixed and 38c. for white.
The following are closing quotations

for

:

10^
65@

3
3 85

603

3 90

Dull, but
Btea 'y.

Dnll.

Quiet, bu
sieady

Qule\ but
steady.

City shippini: extras
Southern bakera' and family brands.
Southern Bhipp'ar extras.
Rye flour, superfine

4

7:@

Jan.-Feb
Feb.-Mar

d.

Deliver!/.

5i>ie

Mar.- Apr

5»i6

May-June

'.

2

.5%

June-July
Apr.-.May

S^jg

(19«lhf.)
*7,704
48,0 9
101

S's^j

Juno-July

5i I32

Sept. -Oct

539

July-Aug

Feb.-Mar
April-May

Delivery.

5%

Nov.-Doo.,Dec.,'79
n.op.,8l., omitl'd558

5' 5,2

Feb.-Mar., n. crop,
sail
57ig

|

51I33

5''i6'a>i332

Delivery.

Delivery.

Shipments.

June-July
Miiy-Juno

Feb.-Mar
Apr.-May

5832
Sois
S^s

Jiiuejiilv

May-Juue

51832

July-Aug

Jan
Feb. -March

May-Juue

Jau.-Fob.,n.

Jan.-Fcb

Apr.-May
June-July
Feb. -Mar

5%
Delivery.

5'%3
......

Mar.-Apr
April-May
Juue-July

.512

51I32

53g
5i5.j2

51730'

Jan
Jan.-Feb
Feb.-Mar
Mar.-Aprll

May-June

1

53g
SSg

5%
SiSgj
£>^

Apr.-May
June-July

|

JiUy-Aug

I

Mar Apr
Aug.-Sept

Delivery.
;...5ii,,

I

57,e
.59,g
.51*32
57,„al3 2

|
I

I
1

Fnb.-Mar
Mar.-Apr

r>3»

May-Juno

isi^,..

Juue-JUly

517,,
^^

5llj6

Fbidat.

p. M,,

f^®

Stite and Canada

1

11

48

47X
50
41
68><

5s *»
tiO
-.S® 31)^
33i 85
10 J 1 15
Si® S2
75^ 80

Out-— «ixed
White
Bariey— Canada SVest....
.•Mule, 4 rowed
State, 1 rowed
Peas— Canada bond&free

75®

Wheat,
bush.
(1,0

lbs.)

iiiMT

Corn,
bu-h.
(5»i

Oatg,
bush.

lb'.)

49;IOn

3:i),<)i11

MldO

111,751

1^0.;0)

13!<,lil2

18,4

Sll,0>7
8,00J

(321b8.1

93

ItiS.

14,701
7ii,' -Ml

301,453
2V),iu0

....

—

1,391,704

1,:i45.%2

1.2n,532

55

18,350
7,885
S.'iW
13.600
60,431
31,000

Barley,
bush.

Rye,
bash.

(48iba.) (68 lb«.)
i2,lh5
88,685
3ti,0J0
7,850
.

S55
945

..

6,051
2.H50
S9.365
21,^00
....

JacaarySI,

,

],04J,al4

420,7-iO

5,n'.4,13J

1,41',,188

517,1.^5

41 ,19J
311.781

5.:304,138
4,7:)7,'2J
i,5'i;,H9<

.1,857.6 16

l..')99,,4«3

336.B-.0

3.0M.478

4,714,706
IjilOilBJ

1,114;,,477

773.133
4:7,91 J
669,929

90i.,0)5

24% 26 6i..39^''9i 4', 21,541 18,2-0 |ii6
3.:ai,SSl 4^Wi,4l3 3J.n4.,-.'-2 I4.U10,,931
S.mS ..9 13 :JP,9Ji.lll 43.38 '.e 7 11,ii7 ,8ii
S.56<.19l> 41,150,476 41.534.097 15.3i),,5U7
3

.

1.29 ..01
1.0 9,o;8

278.191

1

btiis.

Same tim! 1177
Sametimel8;6

....

aS-.-iil

460,051

15.817
10,300
....

157.9;!4

64.392

111,813

5'J,689

28',7U

70,038
68.488
83 -.,677
34 1,'.«8
811.189

125,100

95,711

^..^Bs,9^l l,l9.i,n2i)
1, 9 1.1 4 i;7l.r05
t.,»47.7i4 4,046,n73

7,26

D,4U1,4U 1.357,094

Corn,
bu-h.

Oat«,
bu-h.

Bar'ey,

MB

^9J.,1^

1,M 4,774
l.N81.ii5(

67'i.Sl4

419,473
l,0.s,i,91

2,''0i.l5t

614,4;;!

3 1,3I7
301 kO)
a4',2.9
S78,0i!

-eflt.

2. 90,

bu-^^h.

5 4 9 6

Rye.
lush.
115,641

82,s;4
73,191
59,»83

Western lake and river

Rail shipments of flour and grain from

Jin

—

45. 1-79
4", 1 78
47, 187?

Jan.
Jan.
Jan. 28. 18T6..

Flour,
bills.

135.181
I'iK-Mi

p»B6l
72,688

Wheat,
iiii-h.

383.«i2
l,lni,9-U

U

',HM

79,555

Otis,

Corn,
bu-ii
57,'.,275

S:0.MO
.W .'< 3
418563

bu.'h.
2i-,44l
8 6 9'1
1

iP.S>5

8C3

5'

Barley,
bu^h.
1

Rye,
hu-h.

87. -"5

'-'4,984

3 479
«','5;l

14,166
14,0 5

99.588

14Bt7

of flour aud grain at seaboard ports for the week endlog Jau. 2o, 1879, and from Jau. 1 to Jau. 25.
Oats,
Barley,
Rye,
Corn,
Flonr,
Wheat,

Kecips

B..Blon
IWi).

414,20

W

bush.
1.71,913
3,117.00

pons.

New ^ork

market has been genera ly quiet in the past week,
but in prices ibere was some irregularity. Common extras, and
infactall grades below |4, were very firmly held, and met with a
moderate demand. The medium and better grades from winitr
wheat were also firm, being comparatively scirce but the products of spring wheat, unless well-known sbipp'ng brands, were
more freely offered, and prices were weak and irregular. To.day,
;

while
yelh.w Southern new.

Rye—Wextern

l,«4a, 6i

4i4,99r

At—

BREADSTUFFS.
flour

46 a
4rt®
4ii®

i9

81.9

....

e'ldiny

Delivery.

I

bU

®

44

2,new<5sold

3>6,,078
315,,110
479,119
21), 511

Jm. ItoJan. S5
^»m iimelSTS

Week

FlilDAY.
Delivery.

110,038
99,310
li«,769

Flour,

croi>,

sail

Delivery.

5B18
5Bi8
S'ir
55ia

IMls...
1877
1176

51I32

sail

57ib
SJa
59i8

Thursday.
Delivery.

Aus.lto Jin.25

Same litn
Same lime
same limt

Dec, now crop,

5's.'!3

:;

05®

1

N

do
do

Sliipments of flour and grain from Western lake and river
ports from Jau. 1 to Jan. 25.

Wednesday.
Jan

Coiresp'ne week, '77.
Tot Jan. 1 to Jan. 25..
Same time 187.S., , .,
same tim- 1877
Same time 1^76
Tot

Shipment.

1

June-July

S^ie

21.017
4,5!0

Corresp'njj week,'"8.

sail

52132
51732

85

6 nn

White

Corn— Weft'n mixed

oi->3a

Jan.-Feb., n. crop,

516.J2

51332®% Mar.-Ai>r
. . .

3,11i)

Peoria

TCESDAY.
Delivery.

5.2a

Onlota

Shipments.

May-Juno

59-52

Detroit.

Clevehind
St.Louis

Total
Previous week

Delivery.

5%2

Jan.-Feb
Mar. -April
April-May

Toledo

d.

Monday.
Jan

Milwaukee

5'a

51132'ai^ie

Delivery.

-1

76®

bhls.

At-

Delivery.

d.

. .

30

Wheit-No.Sspring.biisb. to 90a
93
No. -i pprintr.
1*9^101
R jected spring
75® 78
Keu and amber winter 1 0"i@l 03><
Ked winter No. 2
1 ODJfa

Receipts at lake and river ports for the week eniing Jan. 25,
1879, and from Dec, 31 to Jan. 23, and from Aug. 1 to Jan. '25:

fteady.

Satokday.
Delivery.

4

5 75
6 25

4 Ibiu 4 60
« en's 3 10
3 SO J i SO

Corn meal— Western, &c.
Corn meal— Br wine. tfcc.

Chicago

Jan

m

3

4

&

Floar,
I

The ao'ual sales of futures at Liverpool, for the 8.ame week, are gi vca
•clow. These sales are on the basis of Uplands, Low MUddllng clause,
BQless otherwise stated.

The

3 00

8"@
50®
50^
05@

3

tras

do XX and XXX..
Minnesota patents

]

May-Jime

Srain.

30®

do XX and XXX
4 lUS^ 5 75
do winter shipping ex-

Futures.

Market,
ket,
5 p..M.

:

Flour.
No. 2
^ bbl. $2
superfine State &, Western
3
Extra State, &c
3
Western auring wheat
extrns
3

I'ortianil
.M.Mitteal

PhilHdelphla
Baltimore

Now

Orleans

ToUl

bbls.
83..iW
16,618
1.5"0
6,1140

li,470
1S.415
1«,764

155,9^3

bu-b.

buph.

bush.

hu-h.

Tlii.iriO

44,,;i4l

91,199

36,750

IN. 125

17.'44)

44,5
5,1.0

8,-8ti

iV-.h^O

7.1,nl

31 ,-1 pO
|3),ui0

.Hi.7,:100

ll.COO
21.108

1,3.0,6.50

1,443,31

11/..4U

«5;.. 5
Previous wiiek
1, 41:1.004
I 9,'i«4
Corresp'ng weilc,'78. 165,891 1,053,116 2.031,8
Tot. Jan. 1 to Jan. 43. 5.'(1,28» 4,1 I4,1t6 8,9:1.181
67i,sl9 4,4t,S:l7i 6.31.i,3'2
Same lime 1^7l
6«4,U06 4.1t)4&4i
Same time 1877. .... Z*\-lt
873,139 1,50:,439 6,863.89j
Same time la76

19,

18
400

1,20;)

4,5

410
244,851

bush.

i

3,1100

14,500

L5ca

815,658
81 .-SOS

65 400
83,430

803,771

9.1,172

787,4.16
798.

241.613
510.780

80 1,3 '7
1,0I»,U7

Sl)4. i74

27

7.010

636,794

47,076
37,746
18,131

16 <M
4.%,9«S
99.1.97

31,481

.
.

Fbbbuaut

1,

THE (CHRONICLE.

1870.]

EzporU from nnldtd S'^'m sMboard ports kod from Montreal
iot week anding Jao. 'Z!>, 1^7ti
Fiioa—

WewVork.

yioar,

V» 1 1'»*

bbii.

ha«a.

83,0^

Buru>n

SSl.llt
....
....

..

Totii forireok..

7-,8i)!)

Samaihnuln I8T8...
From Nuw Orlcaof,

O.Wl
89,»)

tounh
6.8JS

«,UW

...

•••

•••

•

••••

••

2M,4n
iiOS,iii

;76SJO

HIT.il^

8,Ut

S'.O&S

S.H13

I,188,f.3

9M.791

6,01

6:l,'40il

19.IM

IM

.MM

lli.Oti

S.ltti

93,0U7

>U gui

JM

888,;»l

8>it,8ni

3

1,8«i,lU

1,)'4.4<il

71,
7«,1

Po»».

UMit

«8.91l

Prevliim week
T«o w.Mk> Kto

banh
«,*«

.

t87,»5J

3«l»
1.7M

Phll.<l.-lph;»

.

(^tW

WoQueai.
Balllmure

><ttiih.

60

Kye,
bu<h.

0»ti,

Corn,

4,I»I

Potllaail

38,1198 ba>b. corn, 9,S:0 baab. wheat,

and

sought

by interior buyers, and some (air salea were reportad
but tbe demand hai not yet beoms general.
KoRKio.-* Dry Ooods.— Thsre was a little more inquiry for
imported go^ds by buye'S from remote sections of the country,
but transactions were light in the aggregate amount. Droit
goods and silks ruled quiet, bn'. Hamburg embroideries, hosierj
and white goods, were diitributad in smill lots to a fair amount.
We annex prices of a few articles cf domestic dry gooda

New

1.0*7.081)

7,iH7,«ll
3,ail,3«n
IM),(iOO
eS'.lliS
!6l,98!l

Detroit.

Oaoeco

38,493

Boston

Kanaascity.

..

Baltimore
Rill hi pm^nt-, week
Afloat lu

New Yoik

ToUl

Albion solid

do
do
do
do

14,

28, 1878

....

(,7Som
im.iWS

SS.lXKi

36,474
4.1

23.618

148.W1
S'»

84,61.8
....

1«1,4J0

8,891

^OS'S
5i,-81

<4',«05

7.;W

...

«l'x

86«,204
839.02)

18', HO

3•^691

55

150,000

125,(MX/

«,«

....

12,777

3,149

S,1dl

SS'.241
2.i6,0. U

87,S4.'S

54,<»4
230,0

648.M4
275

10.5:i»18l

4.15,000

1,449.54J
1.475,i«

2,480,,'7S
2,516.4.15
3,641. .8'0

5,0H.ii5

•2,Bad.47<)
».-Oii,.1lO

5.254,J«4
6 4»8.'5I

l,4.">4,02<t

18.»«7oi

»,i|l.7:«
8.525.-19

)&9n

9.080.2

298«:4

S.MKi.liii

l.S^MSI

8.85S1«4

3,011. -Sii

5.70i,.'Sh8

l,6'Kt,8n

8,1;4,1S1
5,81?,4e3

£,443.41;
3,476,4:8

5.V0>.152

l,<0'.-2')

4.i2.',830

7i4,593

!:0

...I8.84S0 8
l(.W.VCao

1878

4,M9

»1»,8U

I».5!t3.4 3
l.S.O'0.»il

7, 187S

69,8S8
1,813

»,fi6'i,«5
<',«ti,18S

21, 1818

Sec

1

U;,i6l

616,918

10,2'i3,s7»

.^,0.10,11.1

5.n«4.8ro

1,64

!.•

The

31, 18:9

a!<pect of tbe

spring

considered very favorable,

stocks iu the band^ of di^itributorg are comiaratively small, and prices of nearly all textile
trade

is

low as

a liberal consumptioq^-Buyers
evince perftct confidence in the maintenance of piesen^values
but there is no tendt ncy toward spi culation, atd merchants as a
rule »eem dii-poted to follow ihe hand-to moaib policy that has
worked so well in past seasons. Ld'^je quaaliies of woolen.i
Ac, that were dauiaeed at the late Worth street fire were oflertd
in the auction rooms, nnd readiiy disposed ot at gt.od average
/abriCB are fo

t>f(

to insure

Freeman ruby
do Swiss do..
do pl.,ka
do robo." ....
do bUcks

....

SV

dii

yd. pliika..

6

do
do
do
do
do

ffreon Jk or.

6
9

blnu&whlt.

hlue&orgo

9S

double pluc

ages, including 1,814 to China, 6(i4 to Great Bii ain,

and huch colored cottons as denims, ducks, ticlts, cottonades and
cheviots weie in fair request at first hands.
Prices of beached
goods were uufettlefi, and while some of '.he most popular makes
in mirdium grades were suljcted to lower figcir-s, other main s
(which had been selling below their real value) were s iiihtly ad
vanced.
White goods, piques and quills were seveially in improved demand. Print rlo'bsc >n tinned firmat ab >ut 8f '., casli, for
64xGt', and 3c. for 56x60a but traD^actions wer only moderate.
Bpiing yles of laocy prints were opened y agents at S^'iic. for

5}i

i)i
8
....

6X
bH

....

Allcna* fancy.. ..
do frocka ....

5H
5^

do shep'rlpld
do solid black
Gord 'n fancy
do Khrtings.

S)i
5>i

Ilamillon fancy..
do checks
do robes ....

Sx
5^
OX

do
do
do
do
do
do
do
do

checks

....

5 it

db

pinks..

6)i

.

i)nff'

8-^H

6X
BX
BX
8X

.

rio

4X

do purples.
do rolies
do moil nfngj

shirtings..
frocks. . .
solids

do rnhy
do Swiss do..
do choc atpls
do rob s
do enens

6X

6J<

Knlckerb'ck'r fey

6X

BX

BX
6X

by,
5

Cen ral Ha^liirli;*
DnnnelPs fancy..
do checks.,
do hilrco-ds. ..
do e mtns....
do purj»les ..
do shirtings. ...
do i-ohes.
.

I

do
do

8
6
6
.^X

fio

Kruemau fancies

5

....

10

do XX:iO

SO
5!4

buffs

6

frock

5X

haircds..
do checKS
do purples....

5X

1

I

JX

I

8

I

...

5«

.

4X

Oriental fancy ...
do robes
do purple....

4JJ

.

BX

Card. re 2>

d
^trpes.
Myjtt- f.tncy.

6)4

6

5X

Mallory pinka

6
6

Edily-i« n-i fancy.
Kiiipire shiriinkft.

rGTiatls

do
do
do

7

J«
8
6
8
8

»

I

I

6X1
6X

»li

8
6

German u

staple!*..

grey-i

...

fx
!>*

5X
8X
5X
Sir

BX
5X

fMUcy.

do
robes ..
Waslilngton fa'cy
do ciioc lates
do robes. ...
do purples...
do greent& or.
di»
ruby
do Swi^s rub.
do t>id bl.<&w
do Tur.rd lob
do do nk pirls
do do I't plds
do do 3-1 pi'a
do do 3-4 cash
do do 1.8 pl'n

Winns

6

5

frocks....

Wamsutta

i

.a

R

nrlpes

8

8X
6X
5H

pinks....

do Grec'n grey
do solid i>lack.
do shipd plds.

5X
5

I

do pinks
Oonesioya fancies

...

tJulon mourning,

6
6

,

tiX

robes

do

4Si

Manchester fancy

do
Imperial
.... Merrimac U fey.
n
do shirting's..
li%
do robes
6
do Fpinkfks
B
do P purple..
an
do F checks*

.

indigo bl
grei-na...
rui>y

do

7X

5

.

dv

Steel River faucy.

Lodi fancy

b
b

shIrtiugB.

do fancy etap
iiouthbr.dgu f'ncy
do
shirting

6

.

5X

do foi lirds ,.
dj cretonnes.
no pel Giles ..
Cocheco rincy
do Btiirtiiigs..
do robes
do purples.
do cambrics..
.

6

do shirtings
do 9-Scamb..

Brighton suitings

do
do

do
do
do
do
do

i%

4X

Bristol fancies...
do c .mbrlrs. ..

5X
4\

Hartel's fanciex..
do Ger. phid.

....
.

3X

.

I

6
10!^

«

6X
SX

Sprague's fancy,

I

shirtings.

Albany
Bedford

5)4

I

fnrnilurea
Afhland f«ncy. .,

do
do

.

do stripes
Bx
do pnrples
5X
do hair cord..
6X1
BH Harmony fi.,cy ..

pink ch'ka
(iermaU!'.
puriiles

do red A b'ue
OerminB
Raven mourning.,
do tnlldi'lark
Simpson's sol bks
do bik & wh
do ahep plds
do silver ijrey
do haircl chv
do gra^a cluth
do suittni^s..

4X

.

SX

»trtpI-9 ...

Arnold's fancies..

do
do

5J4

stripes

...

Richmonde fane's
do chocolates
do robes.. ..
do dhi pinks,
do pink chka.
do pink Btrps
do a«t'd strps
do check-

....

6

...

so: Id col'r

Pe«b,idy solid

BhirtluKa..

do

»r

(ancv.

do

«x
»x
8
9

8
10
10
16

.,

do'iur rj 2 in

do

«x

29-in

10
15

I

TlckluBB.
Aniosk'g AUA.

.

do
do 4-4
do
A.. ..
do
B.. ..
do
C. ..
do
D.. ..
do
B. ..
do
F ..
do awning ..

34:i lo Clxli,

16G to Brxzil, 122 to United States ot Colombia, lUU lu Ilayii. and
smaller lots toother foreign markets. There was a large muvemeni
in leading makes of brown and bUached goods during the wetk,

do

do monrning.
do shirtings

Width. Price.

—

Paraaicfan-y.

S^
BX

prices.

Domestic Cotton Qoods. The exports of cot'.on goods from
this port during the week endin; January 38 were 8.272 pack-

5

Oloncestor

i

shirilngs..

6<(

SH

do shirtings..
no mournings
do Billd
do purple....
do Ocrman
do Uome&Ex

(

do

PaclBcllghiftmad
do dark Tncy
dn robes

.

6

6!4
8

Oriental rnbr

6

Garner's fancies..
do ihe ks
do rohcs
flo
pinks

6>rf

CruuBWic 'O'lds.
do -hi''liD!48.,

Tbere bas been a considerable influx of wbolemle bu]-erd the
past week, and tbe package trade in domestic goods was
drcidedly more active, but foreign goods remained quiet and
the job)>iD(; trade lacked animation.

grey*

Berlin solid colors
do foulard- .

THE DRY GODDS T lADE.
Friday, P. M.. January

5K
is

aeeraurkers
Ancoiia rancy

>0

l,7a2.')56

i)(

ailld black
ship;! plds

(

H

S8i,

cnl'rs
stillincK...

do bl'k & wh.
do fancy
do i!i'nAnr'i;e
American fancy..
do robes
do I'd. hecks.

MM'

a>t4MZ

;

:

()

40.414
IS.S.X
57.1B8
52,184
ll.TrO
S0,lu7

I18.8.'V2

M.5

4.M8
11154

«n.Sl«.8J<i
19,-.5I.5«0

18. 1879....
11, imo
4 1879
«", 187i

Dec.
Jan.

1,11 ,1»I

..

84.665
SS4.053

Pblladilpbla
Peoria.
Indl napnlia.

IRI.nno
J91 *H
1SJ,430

46,683

tii.M9

...

44i,0<l

1,3H
SMixt)
8»^4^8

44.69S

TvimiiU)

ir,9(10

1,0I.)I«

3110.709

Monir.«M18»

Jan.
Jan.
Dec.
D«c.

2,8I«.8-'S

410.UU0

„

fii.Louis.

Jan.

10.800
«»7.5iO

Iji4i

lor

Prints.

The

visible supply of gra'n, coiupriKioi; the stocks in grtLa»ty
principal puiuts of accuinulaiioa at lak^ and st-aboartl
York, Jan. 'Zrt,
porto, and in transit by rail and aUjai in
1870, was as (ollowg:
Barley,
Rye,
Corn,
Wbeat,
0«t»,
bnsx.
hn h.
burh.
bu»h
hnah.
In Stors at—
8»i,41l
7:S.nil
»,»«!. 130
B5 .8<a
Now York
8,«8,!01

127

connection

in this

bbla. flour.

ltl7

kt tbe

Albiny
Balblo
Chicago
Mliwankeo
Dnintn
Toledo

.

.

.

Width. Price.

15

Cordis

SO

do
do
do
dc
do
do
do
do

15
14
13

nx
•0^
lOH
15X

do prem A.4-4
do do B.4-4
do
ex. ..4-4
do
ex.. 7-8

doGld mdli-4
do
CC'A7-8
do
CT..4-4
do Penna. 38
do 7-8
do
do
AA 7-8
do FP
do
1I.....7-8

;

ACE.
No. 1.
awning.
No. i.
No. 3.
No. 4.
No. 5.
No. 8.
No. 7.
No. 8.

do

ConeslO|;a

do

18
17
16

Fal.s

do
do
d.

15

15

UK

AAA

AAA
AV
BB

m

4-4

20

do
7-8
Hethuen AA.. ..
do
ASA. ..

IT
II

14
13

Viunchaht... 7-^

18

..

i'H

Omega

..

10
9

14
16
18

,,

2J-2I

..
..

..

8X

..

^X

..

do
TT
do
D
Lewiston A.. 36
do
A.... 3i
do
A.... 30

I3X

.

U

.

.

io"
17
9

do

..

A

liamllion RT..

Width. Price.
Lancister

32
32

do
do
do
do

.

medal. 3i

do

...

AC A..
AC.V

A

u

Pearl Rive.-

13
12
10

Palmer
Pembertun A A

13^4

Swift River. .
Thorndike A..

do
do

IX
111

li
.34

82
36

..

B
E

15

13K

a
IT
15
IS

KX
ll^

1,X
..

8

..

do
R.. ..
Willow Br'k No I
York AAA
iiS
do

18

H

.4-4

•
>53tf

IB

Corset Jeana.

I

standards aud 4ic. fur SiixOOe, and a fair buxiness vraa reported in
these fabric as well as in shininifs.

—

DoMKBTic Woolen Goods
Tbe demand for men'swear
Woolene was somewhat checked by nnmernus sales of riaiuHg.-d
gords, which ciused miiiy hjyr'rs to defer tbrir purcli'vaes ol
regular goud--. There was, however, a lair ii q'tiry ly cloihi,-ie

and

cloib j'liibeis (or liglit-»i iglii

cheviots, which repul ed in

of sucb

fabrics

wer->

f.<ir

f,

n<y

>Ble^;

c»88iu!»-rfs, Muitinits

aud

made by a/eui«

and

in

c«>n^iderable d-liv- rii8

ez^cution of

for.iier

Worsted coating.-! were raihiir less active, but B'-^o
aia
to well in hand that prices <ire stvadily maintained,
Weeds aud
boys' ca.sfimer--s were iu imprnved rrquei', and there was a fair

orders.

.^MioskeaK

do

.

t

7X

1

.

.Aiidroscot;'n sat.
Cnnoe Itiver
Clanriidoii
Ilultowell lmt>.

6

KX
7

<

i

brown

Haiulltoii

,

Ind. Orch. Imp..

do
sat....
K'-ars.irgc. sat, ..
do lirwotfcb k
I.aconia

deinai d.

ibe

CMe

were in irr guUr
and on ihn whole lea- active than exp"ced, ai was aisj
wi.h eaiiuets.
Worsted dress (abricd have been more
for casliuierettes.

Keniuc'ty jeans

I

Newraark«*

t

Pepperell, blea..

do

....
I

7X
7X1

I

..

I

National

sat..

1

73(
7Vi

Manchester

Bat.

..

Kockp<irt

Sadulk

''X

Uenli
Amoakeag
do

It
IB

AM.

BoBlon
Beaver Cr.AA.
4"
BR.

s

HX

do
CC.
Colnmh'n h'y hro
do XXX brn

!

Carlton
Everett
Lewisl4in
Otis AXA

do

12
IU(i
l3
IS

Palmer

Caledonia,

do
Bcouomy
Far.

XX

.

MM

Far.AMlii.

X..

A Mm. No. 6

do

Mu. t

ii

lie

12V
10
.

,

Claeeka.
No T

11

do
d.i

11

'

do-C

liX
III

Thorndike A..
15

Pearl River

'

inq';iry

Nanmkeaf;

7
....

No. 8
No. 9

Park Mllls,No.5<i
No. SO
do

do

Ko.iO

15K

"X
UH
KX
15

llx

1»X

lOK

Uuraav'e (JCA.

I*

York
Warren AXA..
do
BB ..
do CC. ..
Gold Medal...

15V
11

ilay maker ....

Fa-k Mill ,No.80
No.M
do
do
No. in>
Prodigy
liewistea A.

IfX

——

,

, ,.

THE (MRONICLE.

128

Importattoiiii or Dry <iooit>.
of dry (roods at this port for the week ending
Jan. 30, 1879, and for the corresponding weeks of 1878 and 1877,
have been as follows
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING JAN, 30, 187^.

The importations

:

Xanafuctares of wool.,
cotton
do

do
do

887

tl39,69i

723

£8;,ti35

1,413

745

565,019
354,;80
159,215

5^6

1,667

Mlecell'neousdry goodf

SOS
5,815

Total.

Pkgs

Value,

1,710

filk ..
flax...

1879

1878.

1877
Pkgi..

Bni
I, OS

I

901

tiC3
82ii

70;

79B

3,%1

fl,600,4t0

4,417

j;2,096,041

Pkgs.

Value,

Vahw,

yvoz..

XXV

Receipts of Iieadlng Articles ot Domestic Produce.
The following table, based upon diily -eporls made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with tUe week for exports); also
the receipts from January
ponding period in 1878:

1,

1879, to thit day,

and for the corres-

J8<<(),341

368,188
S91,6C3
201,496
140,564

$1,404,092

Week encing
Jan. 28.

Ashes
Beans

bbls.
bbls,

Since Jan.

1,

Same lime
last year.

1879.

113
2,004

321
5,9; 8

bbls.
bbls.

88,318

htish.
liush.

703,000
ll,8l0
426,708
141,766
68,769
16,660
32. 1 48
1,860

2'9.5:i
11,574
1,966.450
40.563
956.346

2658,258-

Breadstuffs—

WITHDRAWK rROM WAREHOUSE AND THROWN INTO THE MARKET DUBINO
THE SAME PERIOD,

Manufactures of wool .
cotton
do
silk.,
CO
flax...
do
Mlsceir neons dry goodi

310
395

»1.S9,199

8f9

102,.'I6

29(1

114,7!()

121

124,879

67

•146.333
81,093
61,178

wa

456

8>,a-,i

4117

77,. 91

24,783

1,338

30,750

3,J23

25,263

359
328

1159,589

IfO

100,641

437
2)1

74,

Add ent' d f or cons'mp'u

l,5i4
5,845

2,096,041

S,P46
4,447

J<83,913
l,tOO,*60

4,5ei
3,907

331,099
1,401,092

Tot thr'wn upon mark't

7,3; 9

*2,570,113

7,093

$2^084,375

8,188

{1,785,191

Total

J474,07J

J9,%533
80,695
1G1.4I9

H6,876
59,6(0

517

4i,269

8581,457
1,600,460

1,333
8,907

$381,098

410

S173.294

311

100
214
114

123,169
129,317

4W

pilk ..
do
flax ..
do
Hlsceirneons dry good::

114

94,931

59,1,57

688

29,418

7,.303

To^al
Add ent'd for cons'mp*n

],259
5.845

8514.375

8,836
4,147

pon

451

13,283

$2,610,416

7,101

f 162,930
108,7119

»2,161,9n

6,240

M,182

1,404,092

1 1,788, 190

The following table, compiled from diatom House returns,
bUows the foreign imports of leading articles at this port since
January 1, 1879, and for the same period in 1878:
(The nuaorirv

»(*

tfivfto to

oacSai/es

Since
Jan, 1,

Same

18:9.

S:ime

time
1878,

1879.

1878.

Metals,

Earthenware—
China
Glassware
Glass plate
BlttOUB

644
8,0Jb
24,031
2,588

2,t<71

C>«1, tons

Cjcoa bags
Ooflee, bags

Dotion, balei
Drugs, AcBark, PeruTian
Blea, powders,.
Cochineal

Cream Tartar..
Gambior

Gnm,

622
1,288
8,112

Sodaasb

Ac-

....

5,617

8.721
94,911
l,0i;,718
8,076

m.m

slabs, lbs,,.

Paper Stock
Sugar, hhds,

tcs,

bbls

bxs

A bags.

Wines, Ac—
Champagne.bkt!.

Wines

575

1,431

Artidee reported by

.192

1,576
14B

137
value—
2,930 Cigars..
93 Corks

2,11(5

2.1:il

Fancy goods

5,136
6,i60

6,146

Pish

6,l»ti

Fruits,

2,5
442

3il

ficS

580

8,048

9,950

6..381

7,675
2,019

«
91.169

786

47,379
86,639

65.10!
61,337

25,439
160,957
96,401
126,08.
969,770
6,816

17,807
18i,3)l

S4,038
5,449
5I,42S
6,d79

S?,103
6,600
85,963

18,9:5
6,868

32,199
1.570
79 717
3,703

Ac-

Lemons

.

7B

3,68)
142

1J7

169

K,W.

4S
15,519

T,&

510

budh.

Oats
Barley and malt
Peaa
Cotton
Cotton feed oil

.,bush.

bush

Oranges
Nuts

Ginger
Pepper

87,71)7

87,t96
914,055
18,655

e,613

WoodsCork
Pnstic

Logwood
Mahogany

52,97.1

Exports of Provisions.

The following are the exports of provisions from New York,
Boston, Baltimore, Puiladflphia, Mon-real, Portland and New
Orleans for the week ended Jan. 25, 1879, and their distribution:

Liverpool

London
Bristol

Hamburg
Bulterdam

Brltich N A, Colonies...
Olher counlties,

Total week
Pfevioas week

,.

lbs.

lb=.

8,6(13, <6.

1,092,945

33).2a.'j

421,63il

1.507,976
300,875

165,640

1(15

61
15

87.<

l,')9..'-0l;

3.!fO

178

236. UOO

856,

670,700
1,4!8,920

1,379!
321,

100

West Indies

lbs.

41.

'869

Birdeaui
S"U(h and Cent. America

Tallow,

146,

Marstilles

B'rceiona
Continental Ports

Cheese,

483
810

s;

Antwerp
Havre

Bacon,

851
Id,
1

Br men

lbs.

2,3'2

i.asfl

Gia-^tow

I.ard,

13Pi

17; ,64(1

1,56:3,.38.

U2,8',6

688,100
60,6f0
61,300
4W,9J0

....

DS,oe;

57(1,

2!,8:«.

i',ii8

44F1

512,

98,69S

21,215

816

65

3,

6.596
7,159

2,60".

8,481

84,

1,578
1,700
108,887
i',7-S

3:;2.016

8,583

34,403

bags

Lead

2,S4

6.!i55

pigs

Molasses
Molasses
Naval StoresTurpentine, crude
Turpentine, spirits
Eo»in.

..bbls.

bbls.
bbls.
bbls.
bbls.
bbls.

Tar
Pitch

pkgs.

Oil, lard
Oil, whale

gall-*.

Peanuts

bush
pkgs

Beef
Cu^neats
Butter
Cheese

pb gs
pi^g*-

pkgs.
pkus.

EggLaid
Ltrd
Hogs, dressed

....(.bis.

tcs.&bbls.
kegs
No.
pkgs.
pkgs.

Sugar
Sugar
Tallow

,.

bbls.

hhds
pk^s.

Tobacco
Tobacco

bi=. and cases.

hhds.

Whiskey
Wool

bbls.
bales.

.'^,^50

6,.':97

20,876

33.3.'6

740
66

l.-'-iiO

5,185
514

21,813
1,110

2^..30I

2,726

8,427

7,073

1,955aa-

8S3

6.9

4,

25

;,4U6
63,988
31,6:«
83,088
2,836
30,210
139
6,915
1,649

691
13
2,966
8,260
3,079
422

8,4M
1,427

:l,l.Vj

£6,f81
4,6a7

164,;75

14-1,73.3

94,('62

60,364
9,186

7J.128
f3,C6S
82,727

91, ,',92

113,196-

13,563

2.6115

2,,)81

24,6.50

13,103
8,892

3,-.91

9,630
3,816

1,84.?
91.

422

1,737

4,635
8.77»
9,204
2.941

26,119
5,318

13,7i!T
4,03>i

7,632
9.978
7,9.-a

bbls

Corn meal

bbls,

bbls

W heat

bush
buih

Rye

bush.

Oa(8
Barley
Peas

bash
bush
bush
pkgs

Corn
Candles
Coal
Cotton
Dumestics

tons
bales

pkgs

Hay
Hops

bales
...bales

Nav-I Stores
Crude turpentine

bhls
bbls

Rosin
Tar

bbls.

bbls
bbls

Htch

cwts

Oilcake
Oils-

Whale
Sperm

10»
i%

430,3-0

155,214
893
13.202
2,527.137
211,612
13.709
1,207
81,906
1,3J1,2C6

i.in

4.-I81

1,;85
8,461
8,272
l.t02
l,:a9

3.7 6
8i.;7;

58,!55
9
3,836
403,748
13,250
8,092
1,187
.5,(13

'

4,413

bales

7,49!
5,»r4
.

9,939-

"ie9

i'.ni'i

6,691

3
32.927

375
5;4

42>

W,»51

131,153

19.951
78,109

Ut
i8.3na
134,9(0

80J

9i.6

SD

3,375,800

10,;07,90J

e,371,67«

bb's

18,897

18,280
19,001

18,0.14

685

3.187
3 532

and

3,741
4,278
87,804,

gals
gals
ga!s
gals

lbs.

Tohacca, manofactared
Wha>ebone.,.

50,995
l,G3a,678.

14,169

1,130
18,045.456

Tobacco, leaf

lll.,535

241

4,751

,

60O
16,095
3,192,008
el ,409
17,727

3,3 15
101

bbls.

,

10\614

1(,(j71
8,'-70

tler:es.
..... :i)B
....B>s
B>s.

...

Tobacco

last year.

12,601

gals.

Lard

35,634
aso

Same time

lbs,

BreadstufTs
Flour, wheat
Fliiur, rye

Butter

1,

1S79.

...

bbls.

Beeswax

Cheese
Lard
Rice

Since Jan.

bbls

Athes, pots
Ashes, pearls

44U,0UU

1,733.620
l,aS6,694

£99

],!31

Week ending

Tall.iw

1,551,722

42,?,a»-

corresponding period in 1878:

Cutmcats

l,894,89r.

_

Exports of L,eadlns Articles ot Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New lork of all leadinjj articles of domectic
produce for the week ending with Tuesday last; also the exportsfrom the Ist of Janua;y, 1879 to the tame day, and for ihe-

87,6'

6,8:6,897 15.300,895
9,;5),89; 17,477.50.

£53,168

6,f47

slabs

Spelter
Steariue.

Beef

1,756

18,794
9,331
13.70-

IgO

bbls.

Pork

Pork
Beef

2 412

I6,i:a

Provisions

99,100

26,208

1.3,685

hhds.

Oilcake

285,8,50

8,

166

151

bales.
bales.
sides

bags.

Linseed
Petroleum
Provisions-

7,9=0

'«!
1582
;i6i

3, -226

Flaxseed
Griias eeed.

Spiiita turpentine.

Pork. Beef,
bbls bbls,

To—

No.

bales
bbls

857,351

3,428,180
33,448
1,489,478
474,057
489,162
3.%3(2
116 09a

3;0.9.i4

266,700
31.312
10;,3jO
6,1- 51
2,0)5
21,384
19,492
6,e52
6,629
850,241

bush.

Hides
Hides

4.-.61

Jan. 88.
....

,

Saltpetre

M

«
57,742

4,4:)5

Ac—

3,53-.l

Ac-

8 753
.5,7)7

1,818

Raisins
Hides, undressed.
Rice
88 Spices,
4B»
Cassia

4^
S31

Watches

81,565
85,131
7,7CO
4J

12,910
256,092
77,046
4,6(5
76

t.3,416

Tobacco
Waste

502

813,7i6
9,916

A

Wool, bales

Jewelry ......
Ltiueed
IIoUMe3,

2?2.4,'0

S9,S

Bristles
Hides, dressed.

India rubber
Ivory
Jewelry,

77,-)18

Tin, boxes

cloth

Bemp, bales

357
86
2.S0J

3,009
117

6,7;;2

Hair
Hides,

1,652
S.la.
6i

962

Flax
Fart

Sanny

60
800

Tea

Maddet&Ezt.of
8oda, bi-carb...
Soda, sal

329

Hardwaie

213 Sugar,

141

Indigo

Opium

Cutlery

Tin

Corn

Rice

Spelter, lbs
Steel

111,996

3,924

Arabic...,

011,01iTe

5,77 j
1,282

time

Ac-

Lead, pigs

602
bl9

135
520
2.269
8,209
189,i49

Bpeclfled.l

Since
Jan. 1,

China, Glass and
Barthenware..
Glass

wnen not otherwise

Ej'o

Leather

191
274
103
215

Jlanufttctures of wool,
cotton
00

Tot'l entered at the

Corn meal

Hops

ENTERED POB WAREHOUSING DURING SAME PERIuD.

2.09J.041

Flour, wheat

Wheat

668,(17

1

1,389,041
4,642,461

81,310

S,91!>
7..557

47,718,632
8,0.8 801

47.479,97S>

5,-3a7,I()7

5,773,778
28,021.818

20,(^81.81O

40.',»(15

bbla.
D>g

739

1,835

1,738

1,872,301

6,853,T8

3,!.lil,.393.

hhds

21?

2,442
2,668

5.870
6.178

59,),n33

401.4.14
3i,S!8l

cases,
lbs

....lbs.

6';8

70,964
6,891

6,991

e
3
a

FkiiRTjAbt

:

THE

1879.]

Ji,

rflKlOHTB—

UBItBlBAl.

,— rraAH.

LITISPOOI,

1

OoroQ

PRICES OURKENT

<.

V
.«>

*

Pot, eiiticrt

».

*»

.•

.,

BOTi

UliKAUaTUFirs—SeasDacUl report.
BaTTKK-(Wholeia)e Prlcof)—
State, firkin*, goo'' tocholcc... VIb.
•*
Wesl'D crL'a.uery E*d toch
Walnb, State, Koodtoprloio.... "

16
31
14
*

•
•
•

It
IS

Bt>t« faotory,prlmetoi:holo«..,.|i*

7VI

9

Weiiora factory, g'a to choce.,

6

o

s

11

ft

tl^'

IIVS

l<H

do fair,
do Kood,
do prima,
Java, mat!

gld.|>»

do
do
do

NatlTat;oylai>

Mexican
Jamaica

golit.

•

sold.
gold.
gold.
xuld.

**

gold.

Itaracalbo

gold.
gold.

Lagnayra

gold

"

"
"

Uomtngo

'

II

CAPITAL,

«i

!6H
ISH

HAS SPECIAL FACILITIES FOR ACTING AS

Vi
18

n
IIH

»:
@J

vi

V

ton.

I< SO

•
«
a

a

*

lb.

Hoop, Xl.No.'iJtol*'.Xx 13*14
Sheet, Kuisla
Sheet, single, doable

gold
ft

American
Steel rails. American
Rails,

.

"

Cubs, Mas.,refln.gr*d8,50t6sl.
do
do grocery graCoi.
Barbadoes
Demerara
Porto Ulco
H. u., com. to prime

NAVAl^ 8TUKKS—
Tar, Wublngton

41

'*

.si

03

**

S3

*'

39

V

bbl. 2 00

"

Tar, WllmlngtOB

"
Pitch, city
Spirits turpentine
V gal.
Koaln. Btrslned togoodstrd.W bbl
" low So. 1 to g«od tlo. I "
••
low No. 2 to good I'o 3 "
**
low pale to extra p .le.. "

wlndowglass

*•

2.'

tt

1

60

....

S5
4 2S
'i

OIL8-

Cotton seed, crude
OIlTe, in casks «i|fsll
Linseed, casks and bbis
Menhaden, crude Sound
Heatsloot, No. toeitra
Whale, bleached winter
Whale, crude Northern
Bperm, crude
Sperm, bleached winter
Lard oil. 90S. 1 and 2

V

gal.
"^

1

"
"
"
"

1

**

"
"

1

i'2

CAKE-

thin oh1onir,bags, gold. V ton
Western, thin oblong (Dom.>cur "

FSTKOLKOM-

V giL

Crude.lnbulE

"

Cases

•*

ReSned
Kaph'ha.Ctty, bbls

"
Vbbl,
**

Pork, extra prime
Pork, prime mess, TT est

•'

"

p aln :neBs
Beer,exlra rnesn
S-iel,

"

V

lb

Hams. smoked

"

Lard. City steam

**

SnOARInfcrlor to commonrellnlcig„..|)
Ir

Good

reflnlHg
Klco. refli

•
a
a
a
A

a
a
a
a
a
a

24
-iz

iii

1

S]

115
El
.'0

W
49
»

—

IX

a

....
....

....

5

6<
6V
'%

MaiilU, siip.nn 1 ex. snp
llauvla. .Sob li<ai2

**

6

a

1*^

"

7K*

7"

Nns.9011
*^H«W— Hard, crushed
Hard, powdered
do graiiulatei
do cutloaf
Coflee, A. rtandard
do
oir A

'•

IJdl
fii*

(\
..

"
"
**

"

WhltoextraC
KxtraC

"
••

"c"
„
Tellow

••
'•

Molasses sugars

.,

TALLOW —

'*

»

Prlineclty

WOOL,—

».

V*
2

Calliornla. Spring

32
18

Interior

15

.Bnrry

1!

S>ath Am. Merino, unwashed
t;ape Good Hope, unwashed
Toxai, hue. Eastern
Texiis. medinm. Eastern

2>

:5
21

gold.

9)4
tl^
8><
',%

''A

.0
13

a
9
a
^
«
9
a
i^
a
«
a
a
n
a

M. CROSBY,
Treasurer

Allow Interest on

all

payments made befort

maturity of loans

GEOBOB H. HOLT,
Member N. Y. Stock Kxcbance.

BBC. W)l. BALLOtT.

Gco.Wui.Balloii&Co

.

CoBBBSPONDBNTs— McKlm Brothers ft r»^

Banlters.

Soiitliern

A. K. WAiJ»B,CashkB.

First National Bank,
WILiniNUTON, N. C.
Collections

made on

all

parts of the United Btate»

Houston,
We g]ve special attention

Texas.
to collections

on

all

acce»'

flbte points.

DiRBCTOun.— Benjamin A. Botts. Preset: C. 5. Ldur*
cope, W.J. HutJhlnp. F. A. Rice, C.C. Baldwin, W.B».
Botts, Rob't Brewster.
BKNJ. A. BOTTS, rrmfX^
B. F.

WEKMS.

Cashier.

WALL STREET,

12

DEVONSHIRE

rs
»l
17
)4

(0
^8
23
*2
11

ST.,

n ^. wrTT,TAV«. JKO, W. MZI.XJEV
CHAS. B. KILLKB.

Thos. P. Miller

&

Co.,

AN K ER8,
MOBILE^ ALAUAinia
b

Special attention paid to collections, with prOnipK
remittan':e8 at current rates of exchanK« on day o^

AND DE.ALBRS

BANr.ERS

CorreHpon dents. — German American Bank, Kew
Vork Louisiana Nattonttl Bank, New Orleans; BmiJc.
:

Of Liverpool. Liverpool.

Boaton,

Neiv York,

C. F. Pknzxl,
President.

IN

Municipal Bonds.

J
)

STATE BAKK,
Incorporated

)

C. T.

Isio. (

WatsKSB

Cailiier.

German Bank,
LITTLE ROCK, ARK.

Chas. A. Sweet

&

Co.,

STATE STREET, BOSTON.

DEALERS IN GOVERNMENT SECU.UTIKS, Gold
State. City.

County and Railroad Bonds.

Parker
B1NB.BRS,

Boy and

78

&

CAPITAL

25,000.

the.Metrnnollt.an Nallonat Bank.

John Dwight

County Bonds.

&

Co.^

MANUFACTURERS OP

Stackpole,

SVPER-C.'IRBOXATE.

DKVONSHIKK STRBKY
BOSTON,

Koll

976,000.,

(PAiD-m)

StntPLUS

Prompt attention gives to all bnslneas In our llae.
N. Y. CoKBEspoNDBNTS. DoBnell. Lawson ft Co.B»

BANKERS

40
S5
35
40
33
20

raOB. p. UILLKB,

;>tiyineiit.

8

1

t\®
23

$500 000.

STEPHEN

Loans made upon tike on Staple Merchandise
either npon tills of Lading or Warehouse Uecelpts.
Kxcu^NOB of Collateial,orprepiyment«In parto

maKone. t\

Superior, nnwashed
Fair

Smyrna, unwMheU

Si,-

4

^Hd
8 Id
'%a
la
txa

-il

Cup—

:

Sta

»i(t

bl
SO
IT

Kltrii, Pulled

Mo. 1, railed

3Ji

N. \

Capital, $500,000,

1870.

.......

WC'eDS RICK.

9
6'ii
r;^

a

»

Informaileo ta^-

alshed.

CORRESPONDENCE SOLICITED.

ft

•'

I.

:0 ^0
II 50

...

8

and

solicited

for entire loans allowed.

...a

—

Correspondence

THE CITY BANK OF HOUSTON,

POST OFFICE SQUARE,

BOSTON.

Fresldrat.
la),

....»

"

!8

CAPITAL,

)<

Brazil.

No.

riiartered In

"
"

Melado

.

1:1

....a

8

VIRGIN LA SECURITIES

and

tpecialty.

B. S. UiTRBuss, Prea't.

Massachusetts
Loan & Trust Company,

Its

<Ha
fi(»
7)0
4 »

Ceitilfugal, Nob. 7(813

Boston Banlters.

31

...a

—a
O
— o«

Co.,

AND BUOKKRS,
BALTIIt:.ORE.

BAMKlfRS

51)

GE

10 30

&

Wilson, Colston

165
4

«> S)
,...a 2: uo

a
9X»

Orders 1b Stocks and Bonds promptly execated sAi
the Philadelphia and New kork Boards.

INVESTMENT

Alex. McCue,
He:-:ry Banger,
Cliaa.U. Marvin, A. A. Low.
rhomas Bulllvan. Ahm. B. Baylls, Henry K.SheldnD
d. E. Pierrepont, Dan'l Channcey, John T. Mtirim,
^ex. M. White. Joslah O. Low. Kipley Korves.
Kdmun*! W. Corlles.
Austin Corb*n.
Wm. K, BUNKEK. SecrcUry

Rockwell,
JrtunP. Kelfe,

S^.y^.

PHILADELPHIA.

t.

J. 8.

ISO
v9^
143
2

Vlce-Prei

TKUSTKK8:

2 25
2 -.3

"
.

CUAS. K. MAEVIK,
KDOAS M. Cttllbn. Counsel.

Austin,

Bell

J.
STOCK BROKER,
»03 WALNUT PLACE (318 WALNUT

KIPbKY KOPKS,Pre8ldent.

•noney.

2'>

3i
35

••

tt.

fair to prime '•
Porto
"
Boxes.Cayid, Nos. 10®12

American XS
American, Nob. 1 ft
American, Combing

trator.

20

a

10 CO
10 10
15 (X)

**

Beef lia:'i»,We»t"rn
Bacon. Weft, long clear

»
a
^

i;

PIlOVISIONS—
Pork, new mess, spot

F

3!
l«
6'
27
eo
47
Si
95
44

GHy,

9

Ib authorieed by Bpecla) charter to ac t
trustee, guardl&.ii, executor or admiula-

It can act as agent In the eale or managemeDt of real
Mlate, collect Intetest or aivldeiidfl, receive registry
inc" transfer bookB, or iiibke purchase and sale of liov*
aruTv tnl and other aecurities.
Keligiouf and charitable Institnttons, and persone
anaccustomed to tne transaction of business, will find
this Company a sale and convenient depository for

....

a

•

Baitiinorc Banliers.

Pliila. Sc

This Cerapany

u receiver,

Hi\

«

2iO «
165 s

Investment Securities constantlrnn hanit.

& CUnton ttts.. Brooltlrn. N. Y.

Cor. of MoDtagne

Nominal.

"

Commented

Orders exeented on Commission at Brokers

The Brooklyn Trust Co.

ai3'j 50
5
2 S-IO

«fe

"

Dealers In Stoctu, Bonda, Gold and

Auctions, and Private Sale.

H. OGILVIE, Secretary.

J.

!6SI
is
2.'

wxe»

gal.

Boston, mass.

ts ro

«

a
OJ a
14 9
H g
2U
IS ®

CONGRESS. STREET^

No. 35

O. O. Williams.

5-lOa
5

f>1b

V

Cuba, clayed

Co.,

BANKERS,

aaper.

Samubl Willktb,
Wm. Whitkwbiout,
Geo. Cabot Wabd

M. MoLiAS,

Augustus Scubll,
E. B. Wesley,

treble, com.
t
SHS
:• ton, cur. 35 00
;6 CO

MOLASBK5—

•

2

•'

J'rcelOeiU.

EXECUTIVE COMMITTEE.
J.

atore fiicen.

Bar, Swedes, ordinary elie8..V ton. 130 00

KVSQ,

M. McLean, Ut Vice-President.
Wn. Wkit«wrioiit, id Vice Fieitdent.
J.

w

IS 90
14 fpO
19 3)

Fig, Scotcti

OIL

EDWAUU

Clearlng-Houue.

Kew

&

Scroll

&

Brewster, Basset
Stocltii.

Interest allowed on Deposits, which may be made
and wltlidrnwn at any time,
N. B.— Checks on this Institution nass through the

2 :0
i

....
....

a

plg,Amerlcan,No.l
Pig, American, ho. a
Pig, American, Forge

Boston, Mass.

$1,000,000.

.

.

LEGAL DEPOSITORY FOR mONEY.

8 ro

U

411
Bgg .. . J <0
1 ill
2 IS
2 9J
Cli'nnt... J (0
2 3- Ml 41)
....
2 CJ
" 4U cents additional for UellTery At
Tork.
W. quouttons are for Wilkebbarre coal.
S L.

Btove.... 2 SO

•

SIlfiraONS' B17II.DIN.a,

AatborlEed by law to act aa Executor, AdintulatraGuardian, Receiver, or Trustee, and Is a

DU
prices at

u>

M

-

Transfer Agent and
Registrar of

II

following will show
auction or pre e it 8chcluIerat<*R:
Fein.
U.L.SW.
I).41l.
5 L. * W.
Schedule.
Bohedule. Auction.
Uchednlc.
Jan. .9.
N. Y.
Port
» eehsw^eu.* Hoboken.
Uatbor.
Johnst'n.
|J 3t
i
3 89

rr

St.

s

00a

11

Anthracite— The

Qrate.... 4 ^0

STOCK BROKER,

YORK,

H

O

LlTerpoolgac cannel
Llvernool house cannel

Bt'mb...tMa

NEW

OF

tor.

C04Llast

EXCHANGE PLACK;

7

C. C. Jackson,

CO.

•

»X»
ID «
11
e
IS a

"
"

gold.
Bavanllla
gold.
CMUItIca
cold.
COTTUM— dee special report.
St.

13
IS
11
14

No.

BOSTON.

No. 73 Broadway, Cor. Rector

15V

!!<»<«

Vi

•
"

BANKER AND BROKK M^

*

UNION TRUST

15

....A

"
"

H. Peck,

F.

:

•

—^^i^—^^—^^——^^~

,

O'JFFKKKlo, ord.car

CX

Financial.

OUBKSK—
'"

•
a

iO U

A

fu

t

....«

'*^

#

"

Wcaierndary.falrto pr

f

i8

UbUtt ba|[i..
...ice.

d.

•.

Ill
33 « Mil
< ((t
ti(a) ...

Uorn.li'lkADKt. Vlin.
Wliiiat,

<>.

M

»bl.
tnn.

Boston Bankers.

tAit.-

.

•.

<l.

^(Ht-ii

».

«•

Flour
lioaTy<oo<li.

am

=
— ,—

(^HllONK LE.

>

•

Western City

and

SODA.
New Tork»
Old

»llp.

The Jobbing Trade

ONLY

No. II

Supplied.

C

,

THE (^HRONICLR

130

Insurance.

Publicaiions.

In§iirance.

THE

MARINE AND INLAND INSURANCE.
OFFICE OF THB

Review,

Financial

ORIENT

OFFICE OP THB

(ANNUAL.)

S

1

XIVIIL3

[Vol.

T'

AT

.

Mutual Insurance Co.

AN TI

L

Assets, 31st

December, 1§78,

§1,133,270 63.

Ready February

TRVSTEIES.

5. Mutual

Co.

Insurance

A YEAR BOOK
New

INFORMATION.

FINANCIAL

JDLercantlle Failures.

Bank Figures and

— Foreign

Commerce,

Trade

Loans and Com-

mercial Paper ?ince 1870.

Production, Exports and Imports of Qold and
Silver in the United States.

Movement, &c

,

in

London, 1833-1878.

New York, from
foreign Excltause—
Prices of Gold in

Methods

of Qaoiing.

Prices in

New York,

1862-1878.

same per'od

Tab

om of

Money

Accumu-

in a S» ries of Years.

Showing ihe Knte Per Cent realized on

e

Securities Purchased at different prices.

Stock Spt'cu'atiun in New York.
Table SUowiug the Interest Cost of Carrying

Vnlted States Debt and Securities—
ttie

United btates; Terms of Payment,

&c.

6th of

May

Btillroads

and

is

AND SHIP AGENTS.
lioston Agency,
1
l'Ot!ltRS,V

MUliKAY

J.
jO

Centbal Street.

elves a

to regular subscilbers of the CHEtuNicLB, and
no single ropies arr; sold. 0>.e number of the
is

bound up

In the

Fu<ancial Kicview,
cbaso a

idiigl.

eiiahiing parties to ptircopy in this form.

Price In Cloth

(2 00

lo.-uli-rnhersof lhl!COMl«B0IAI.I , _„
' "''
& Fl ANCIAL CUHOMIUUC
f

tVlLLIAM

UAAiA
PUBLISH ER8,
U.

&

Head

for which

B.

W

CO.,

D.ivld

Jamos Low,
Gorion *f. BurxkhAm.

Lue,

Wm.

Fr.incia Skiddy,

Adolph Lemoyn*',
'V::laui K. I^odg

Ji.aiah O.
,

F. Yuui:gs,

Royal

Broad

St.,

London.

St.,

N. Y.

Office

John

t'orlie",

Alexander V. Bake,
Char'.es H. Marshal
Robert T. Stuart,
Frt der ck Chauncey,
Wil iam B yce,
n'.',

William Degroot,

2.634.

&

Co.,

RBPBESKNTBD BV

CO., of China,
104 "Wall M., NewY»rk.

Brinckcrhoff,

&

i

Elliott,

Robert
Oeoige

BOSTON.

Box

OLYPHANT &

C. A.

Wil

Parker,

Lov.

Edmn^d W.

Mintara.
Laae,
James Q. DeFuresf,
Chnrles D. I«vsrich,
William H F eg.
Tboma-* B. Or>dd-iigton,
A. A. Raven,
K.

W.

Benjamin U,

Turner

Co.,

Manufacturers AOd Ift-hipm

id

COTTONSAILDUCK
And

all

kinac or

COTTON CANVAS, FKLTINO UtlCK, CAK CUVEfi
l»U, BAGUINO. RAVENS DUCK, SAIL TWINIB
•C. "ONTARUl' BKAMLIiBS BAUB,

"AWNTNG

Field.

H. H. MOOKE. vd Vice Pr.sident.
A. A. Raven, Sd Vice-Presideii^

W.

Wali.

Canton, Cblua.

STlilPKS.'

Aiao, Airenis

JONEf, President.
CHARLKS DENNIS, Vice-President,

BBNRir UEBBBRT,

m

Exchange Plane,

J. D.

OM

Jb!,

Hous Kons, sliansbai. Foochovr and

Piielpa;

Ch^ires P. U irdett,

Hewlett.

K

T

COMMISSION MERCHANT,

Stnigla,

Hand,
.m n. WeJ*.
Horici! Gray,

D

Jr.,
St.. K,

COMMISSION MERCHANTS,

Charles Denal^
Lewis Curti^'

H. H. Moore,
Charles H. Ruesell,

J..hn

Wall

Hong Kons.

UlHce,

Charles E.

W

Peter V.

81 IVllIIam Street, N. T.

Friare,

59

POMERoy

Post

Thomas

Air.^n'-y,

W.I'OVIKROV

Banking Corporation,

de-

14

n..race K. Thurber.

Ho.S AuBiin

6.

Hong Kong & Shanghai

H. CHAPMAN, Secretary.

J. D. Jones,

furnishird duiin^! the year only

fruTPLKHKNT, however,

Kew York

\

Olyphant

coinpu-te exhibit of State. Uity and Italinwd
itles, is

I8'i8,

(

Bong Koiig, Canton, Ainoy, Foorlioir
Suaus;lial aud HauKow, Olilna.

of the is8C»

cent,

IZT.h 184-2.

Russell & Co.,
com nil SSI ON 3IERCHA<NTS

TRVSTEBSs

Investors' SupplementThe iNVuSToita' buiTLKMKNT whlch

&

after

POLICIES

Commercial Cards.

their Securities—

dto

79

en and

AND ENDOWMENT

CASHMTS0YER$8a0OQ,O0O.

of tie Board,

J.

Bailroads uf the Uuiteu States.
Bailtoad Earnings.
Prices of Kallroad Bonds, 1873-1878.
Prices of Hailroad Stncki', 18«0-1878.

President,

F.S.WINSTON, PRESIDENT.
APPROVED DESCRI PTION OF

ORGANIZED APRIL

next.

By order

OGDE.V, Vice

be issued on and after Tuo.^ay, the

ci^itiHc tea will

Ettate Debts and Securities—
btate Ui-his and Iiniuuiiity trom Proseo.atlon,
Prices of Slate Securities. 1840-1878.

•'

nd ol'Thlrly per

for the year ending S\>t December,

Prices of U. S. Bonds, 1880-1878.

Seen

$13,3:0,408 16

will

DlTld4

George U. MO'gan,
L. M. Calvoc>«ros3i.
President.

ON TERMS AS FAVORABLE AS THOSE OF
ANY OTHER COMPANY.

9J

331 Ji

representatives,

LIFE

c'ared rn the net earned premiuiua of theOooipany,

Stocks.

DeDi of

ISSUES EVERY

assets, viz.:

be redeems 1 and piid to the holders
thereof, or theT legal repn eenta-ivee, on and efter
Tues'lay, the 4th of February n .'Xt, fr.im which date
all illlcre^t thereon wl 1 cease.
The certificates to
be prodU'^ed at iho ime of payment and CAncellod.

A

—

COMM

Tbe Outstanding Orrilflcates
'\

>8e,

Wilson,

F. Cou^incry.
G'istav Schw lb,

INSURANCE
OF NEW YORK.

Tu.sdiy, the 4lh of February next.
of 187

K

S.

mmmi

4,186,044 9i

.

lcg;i]

Wm

85,838,006 83

Bank

in

re FacUiri,

C. L. P.

C IAKLK3 IRVING, Secretary.
AN TON MU.Z, Asii atmt Socrjtary.

$2,018,784,45

Total amount of Assets

Theod

ALFRED

United States and State of New York
Stock, City, Bank and other stocks. 910,086,758
Loans secured by stocks, and otherwise
701,200 00
Real e^'tate and claims due the Company, estimated at
610,034(0
Premium Notes and Bills Receivable.
1,W9,8J9 r<

Cash

Chas. F. Zi nmermann,

y, Jr.,

Return- of Premiums and
Expenses. t8j9,U .0 58

thereof, or their

1870-1878.

ln*cre-t Table, J^howlnjj

,

EUGENIE nuriLH,

1,818,69T 36

the outstanding
certiUcatcs of profits will be paid to the holdirs

Principles Relatiut; to Investments.

lat

Ca

off

Six per cent. Interest on

Investments and SpeculationCompiund

mirked

policies not

The Company has the following

Gold and SIlTcr—

Prices,

F.

po'icies

.

Canals.

Tbe Money Market—
Inflaencea, and Prices of Call

W.

;

Betnrns.

Trunk Bailrosds and

of

its

t4,0O9,80« 47

have been issued upon
Life Risks nor upon Fire, disconnected with Marine, Risks
Premiums marked off from 1st January, lS78,tu 31st December, 1878 ...
Losses paid during the

Balance, U. S. Exports and Imports of Leading

Tonnage

Con<tantin MoLelis,
Carl L. Hccknagel,

De-

1878, to 31st

Total amount of Marine Premiums..

No

City— Bank Retnrne, &c.

Articles,

January,

1st

January, 1878

let

Currency Movements.

States

the

Lnwrenoe,

Walter Watso
^rne^t10. Fabbri,
Henry E. S rague,
John Welsh, Jr.,
Lewis Mori is.

Lawrence Wells,
Wil iam Pohimann.
Alexander Ilauiilt-'n,

1879.

December, 187S:

Slsl

Premiums on

Banking and Financial-

United

on the

from

London— Mt>ney Market and Bank
Comm errlal—

Jiihn D. Dix.
Charlea Muneinger,

Ctrl Vietor,
Ram •ay ';r 'Oks,
Arthur B. Grave?,
H. L. Chsa. Henauld,

cen.ber,lS78

— National

««,

Premiums received on Marine Bisks,

Retrospect or IS*8<

New York

York, January

The Trustees, in conformity to the Charter of
Company, submit the following Statement of
affairj

CONTENTS.

United dtatea

Alc>x,

E (ward F. Davison,
Henry f)eB. Kouth,
E. H R. Lyman,
Henry R. Kunhardt,
Hu'_'h Auchifictoss,

OP

M

George Mosle,

United States BnntinK Oompanr.

A

till

mpply

all

widths and colom alw.yi

Nn. 109 Dnane Street.

m

itook.