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^
inanctal
y
•
AN
ITER CHANTS*
HUNT’S
MAGAZINE,
% 3PrrIt'tg ^jewrjs^ajrcv,
REPRESENTING the industrial and commercial interests of the united states.
SATURDAY, FEBRUARY II, 1871.
VOL. 12.
CONTENTS.
Clearing: House^ Certificates'and
the Money Market
Mr. Boutwell and the People...
The Hudson River Railway Acci¬
dent
Cotton, 1870 and 1871
Philadelphia and Reading Rail¬
*
165
166
167
167
Changes
in
the
Redeeming
Agents of National Banks....
171
National Banks of each State...
Latest Monetary and Commercial
172
English News
Commercial and
News
172
Miscellaneous
175
170
THE BANKERS’ GAZETTE AND RAILWAY MONITOR.
Quotations of Stocks and Bonds
Money Market, Railway Stocks,
U. S. Securities. Gold Market,
Railway News
Foreign Exchange, New York
Railroad, Canal and Miscellane¬
ous Stock List
City Banks,PhilaaelphiaBanks
National Banks, etc
176
road..
THE COMMERCIAL
181
TIMES.
Commercial Epitome
182
Groceries
Cotton
183
185
Dry Goods
Breadstuff*
179
180
Prices Current
186
188
191
®l)£ CflrontcU.
TheOommercial and Financial Chronicle isissued
every Satur¬
day morning, with the latest news up to midnight of Friday.
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orTHB Commercial and Financial Chronicle, delivered by
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tooitysubsoribers.ana mailed to all others, (exclusive of postage,)
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Postage is 20 cents per year, and is paid by the subscriber at his own post-office
WILLIAM b. DANA,
f
WILLIAM B. DANA & OO., Publishers,
’
JOHN ft. FLOYD, jb. )
79 and 81 William Street, NEW YORK.
Post Office Box 4,592.
Mr. Alex. Holmes is
our
only travelling agent.*
outward flow of currency
in November, December and
January, the return current making itself felt here in April
or May.
Fourthly, there is always an active drain about
the 1st of April, caused by the temporary settlements
at that date m the country.
All these tidal movements of
currency are invested with special interest, and help those
an
THE CHRONICLE.
NO. 294.
intelligently forecast the future
loan market,
'There is an especial force in
the drain of October and April, when the money
market hereusually suffers no small interruption of its
equilibrium and ease. Had our monetary system its
proper
elasticity,
the
severe
stringency of the
spring and fall might be averted. Such, at least, is
the prevailing belief. And many expedients have been sug¬
gested to impart the needful elasticity to our currency ma¬
chinery. The Chamber of Commerce has under considera¬
tion a proposition to accomplish this object by an issue of
Treasury notes bearing 3*65 per cent, interest. These notes
are to be given out from the Treasury at par, and again
cashed there at par on demand. They are also to be
made bank reserve money, which would necessitate their
being a legal tender. A few millions of these notes, it is
persons
of the
who would
Said, would give an amazing access of elasticity to tloe
monetary circulation of the country, inasmuch as on a mod¬
erately tight money market the notes would go into the
Treasury for cash, and on an easy money market they
would spontaneously flow out.
That this method of con¬
ferring elasticity on the currency has some obvious merits
is not to be denied, but the experiment in its full details
THE CLEARING HOUSE CERTIFICATES AND THE MONEY MARKET. is too radical, and involves too much risk to be likely to
The withdrawal of 2\ millions of
Clearing House Cer¬ command much public favor. There is, besides this fatal
tificates has just - been announced, and there are several
objection to this scheme, that it contemplates an increase
related topics of interest which are
attracting attention in in the aggregate of legal tenders afloat, and Congress is
Wall street in connection with the
money market. For pledged against any such enlargement.
We suppose^
some
days an interruption has been observed in the however, that the object in view could be accomplished by
influx of National Bank notes to this
centre, and the tidal an issue of Clearing House certificates, which there is author¬
flow ot currency from the interior is
evidently checked for ity for without any new legislation. This issue might be
the moment. This is in some
respects a favorable indica¬ made to a sufficient extent to cover those certificates which
tion j as it shows that
currency is wanted in the interior, and have just been called in. The amount of these is 2£ ihilthat the business movements there are
developing a new lions, extending to No. 860 of those for $5,000, and to No.
and less languid activity.
The change is not sufficiently 758 of those for $10,000. These certificates will cease to
pronounced to form, as yet, the basis of any extended infer¬ bear interest on the 31st of March, just before the tidal
ences.
But these tidal movements of
money attract anxious movement of April 1 to which we have just referred.
observation, especially at certain periods of the year. For
Of course there would be no need for the issue of these
example, the grain trade of the West causes an outward new certificates except the monetary machinery should show
current of deposits and notes from the banks of this
city in signs of danger and undue activity. But it is no small pro¬
October, the currency being released and returning hither tection against financial perturbation if such aremied'
-/ is at
about the close of the year.
Next comes the pork crop, hand ready for use whenever it may be called
^
which makes its demand for currency in December, the exigencies of the money market.
For^ tF, restj
return current setting in this way about the Deeinning of there is no immediate apprehension,
jfye joan market
February, Thirdly, there is the cotton crop, which causes easy, and in the absence of any exterior and unexpected
The Publishers cannot be responsible for Remittances unless made by
drafts or Post Office Money Orders.
A neat file for holding current numbers of the Chronicle is sold at the
Volumesare bound for subscribers at $1 25.
office for 50 ct*.
The first and
second volumes of the Chronicle will be purchased by the
publishers at a fair
hoJever)
gl
THE CHRONICLE.
J66
causes
of trouble it will grow more
abundantly
capital, until the April drain sets
has
begun to pour out his
hoarded currency from the Treasury vaults, as was
urged upon him some months ago. The severest drain
of currency from the country to the interior is over and the
tidal flow is reversed.
Money is now coming this way.
Our banks hold currency enough and to spare. Soon we
shall hear the question of a Clearing House for the redemp¬
tion of bank notes eagerly debated, as always happens when
supplied
with
Boutwell
Mr.
in.
K
and more
of currency is, so to speak, in its spring
While then one is glad to see that the Secretary of
the rise of the stream
tide.
of public opinion in
it cannot but be ex¬
pected that 4he same enlightened policy of giving ease to the
money market will control his movements if, as sometimes
happens, the season of spring activity in business should
develop. next April some degree of monetary stringency.
The accumulation of currency in the Treasury during
the inactive intervening season of business will enable Mr.
Treasury has yielded to the force
regard to the hoarding of greenbacks,
the
\9\
let out his hoard when it
Boutwell to
will replenish the
depleted channels of the circulation, and if any further sup¬
ply is needed it will be easy for him to issue Clearing House
Certificates in place of those he is now retiring.
MR. BOUTWELL AND THE PEOPLE.
unimpeachable
fidelity of Mr. Boutwell fit him so well for the high func¬
tions of Secretary of the Treasury that the people generally
honesty, executive
The
m
industry, and
sympathy with the efforts which are on foot
It is true that his policy is in
several of its parts unpopular, and that the resolute perti¬
nacity with which he has urged injudicious propositions
have but little
for his removal from office.
than to his abilities as a financial statesman. Still his office is purely minis¬
terial. As the Head of a Department and a servant of the
people, he is bound to administer the laws, to obey Con¬
gress, and to carry out the policy prescribed to him, whether
he approves it or not.
The Treasury of this country has no
longer the vast discretionary powers which it wielded during
the war, and for a year or two afterwards.
With the
exception of the hoarded balance in the vaults of the Trea¬
sury, and the important functions which this balance exerts
in giving elasticity to the currency, and preventing alternate
stringency and inflation of credits at certain critical periods
does
more
credit to his conscious rectitude
«
.
* -
(February 11, 1871.
compensation to attract purchasers, Mr. Boutwell offers
these privileges:
First, The bonds are by law made paya¬
ble, principal and interest, in gold coin at the present
standard. This precaution against currency-depreciation is
given in the case of no other securities which have
been issued by the United States Government,
ever
or
by any prominent corporation in this country.
Secondly, the interest is payable quarterly instead of half
yearly ; and thirdly the bonds are absolutely exempt from
taxation by State, municipal or federal authority.
This last
privilege has not, we believe, been conceded before to any
species of property by our government or by any first class
foreign power. Whether the exemption from all taxes is
allowed by the Constitution of the United States has been
doubled, but in any case itiviolates a fundamental principle
of finance, and the spirit of our institutions forbids that a
precedent should be established for freeing any set of capi¬
talists or any species of property from the inalienable, para- •
mount and universal obligation to support the government.
As such a perilous experiment was ne /er by us resorted to
during the darkest days of the civil war, or in the severest
pressure to defend the government from destruction, the
question is asked whether it should be conceded now;
whether if conceded it can be or should be sustained inlaw,
and whether the saving of a few millions for four or five
years in interest could compensate for the risk of adding to
our unwieldy fiscal fabric a new element of disintegration,
discontent and danger.
Mr. Boutwell announces that he will receive proposals for
the following aggregates of bonds, of which the issue was
authorized by the act of last July : Four per cents, redeem¬
able after 30 years, 700 millions; four and a half per cents,
300 millions; five per cents, after 10 years, 500 millions.
Subscriptions will be opened at each of the Sub-Treasuries
in this country, and at suitable agencies in London and
Frankfort.
The subscribers must deposit two per cent
on enrollment and the rest of the purchase money on the
delivery of the bonds. Preference will be given in the
following order : First, to subscribers for equal amounts
of 4, 4\ and 5 per cents. ; secondly, to subscribers for equ al
amounts of 4-J and 5 per cents; thirdly, to subscribers for 5
Mr. Boutwell does not reserve to the Treasury as
per cents.
usual the right to reject any and all bids.
This important
privilege he will, of course, take care to secure. The bonds
are all to be sold at par in coin, and payment may be made
in any description of five-twenties at par.
These new bonds
have been so long offered without takers in this market
is but little remaining of the stupendous
which was formerly so much dreaded,
because occasionally it caused trouble during the' adminis- that we know not what reason Mr. Boutwell conceives
tion of one or two of his predecessors.
Mr. Boutwell himself to possess for supposing that they will find a better
He is said to be relying on the National
has shown indications of a desire to accommodate his manip¬ market here now.
ulations of the Treasury to the rules which ought to regu¬ Banks; but our banks throughout the country are all less
late them, although it had been better if his change of prosperous than they were, and such is the competition for
business that multitudes of these institutions have great
policy were less
tardy.
f
It is not certain whether Mr. Boutwell’s movement for re¬ difficulty to earn dividends.
Without a compulsion-law
funding the debt will lessen or augment his popularity, but passed by Congress obliging them to take the new bonds
he has considerable faith in the scheme; and on the 6th of does Mr. Boutwell suppose that the banks in the face
March he proposes to open books of subscription for the dwindling profits, will give up 8 or 10 millions of dollars
new bonds, both here and abroad.
A commission of one- a year of their interest ? Whether the banks have hitherto
half per cent is allowed by law for the conducting of the escaped their fair share of fiscal burdens, and whether
business; and if it were possible to negotiate the whole of they ought to pay as much as this in the shape of annual
the 1,500 millions of bonds, the aggregate commissions taxation is another question.
To set right such a wrong
another
would cost the country 7£ millions of dollars.
remedy could be chosen.
How much
But
Mr.
Boutwell we believe U also depending on a foreign
prospect there really is for the success of Mr. Boutwell’s
He has been persuaded that
new
loan may be inferred from the fact that he is not market for the new bonds.
allowed to offer the bonds below par in gold, although they foreigners are willing to buy them, and if so it will no doubt
bear interest at 4, 4^ and 5 per cent, while anybody can offer a fair opening for new business to such of our enter¬
buy our outstanding six per cent five-twenties for a lower prising foreign bankers as may be appointed agents for dis¬
price in the open market. As an extra inducement and posing of the securities and receiving subscriptions. But
of the year, there
fabric of power
#
*
,
*.
February
THE
11, 1871.]
gentlemen recommend their clients
six per cent, bonds below
par, instead of buying at par the new 4, ^ and 5 per cents ?
and why do they think that the new loan can be a success
with the embers of war stll smoking -in--Europe? These
questions, we presum*3, Mr. Boutwell has asked and has had
answered. We can understand and we heartily share his
anxiety to fund the debt at a lower rate of interestIt is a patriotic project to save, if possible 15 or
20 millions of dollars a year in interest alone.
But he
should remember two or three things. First, we have but
lately funded the debt in its present form, at a vast expenseSecondly, experience shows that such funding operations
derange and disturb business and inflict enormous losses on
the people by disorganizing the money market.
Inexperi¬
why do not these financial
abroad to buy our Five-Twenty
tell him that because there
is only an exchange of bonds and no new debt made that
monetary perturbation can result. But he must not
believe them. Thirdly, the loss of prestige, if the scheme
should fail, will embarrass, if not prevent, any new effort at
better time and in a more auspicious form. Fourthly,
the crude system of issuing time-bonds, like our outstanding
five-twenties and ten-forties, should be thrown aside as too
antiquated and expensive and too prejudicial to the borrower.
enced
or
designing men may
no
a
well established, that if we manage our
finances well, we shall raise any sum we want at 4 per cent
within five years from this time.
But our bonds on the
market, at home and abroad, are now so numerous that for
the present we cannot probably borrow any large amount
below six per cent. * In this state of things we can afford to
wait four or five years if euch a delay should be necessary
for doing well what Mr. Boutwell is so anxious to do imper¬
fectly and at once.
Our credit is now so
167
CHRONlOLE.
It finds
difficulty in paying the interest on its
no
cent, dividend to its stockholders. More
than that, it has, within a brief period, given its stockholders
an immense bonus and now returns them a high interest on
this new stock.
These facts are of much interest in this
connection, and suggest the inquiry whether so rich a road
or a
cash
is to be
eight
per
allowed to transport its passengers over any
.UI
Ul^.UL.1i!,
chasm
simple rail propped up on a few crumbling
of timber. These words are not exaggerations. Let
it chooses on a
sticks
any one who
will find that
thinks they are examine for
himself, and he
where there should be solid masonry there
are instead timber props,
and^where there should be iron
there is wood.
•
The time was when cheaply built railways^were a neces¬
„
had not and cbuld not command
and had not the travel or traffic
to support them if built.
Corduroy roads are frequently
required as a first step in progress, and for the same reason
and as a temporary measure a new country may submit to a
slightly built railway. But has not that period passed in
New York State, or at least with a road that can make its
stockholders such returns as the Hudson has been able to
make of late years ? It would of course call for a large
outlay to replace all these bridges; but are there not the best
reasons for the legislature saying that it
shall be done?
that some of these extra dividends shall be turned in to se¬
cure the safety of passengers ?
There may not be sufficient
virtue in any Assembly and Senate to give the people such
laws—we are not prepared to hazard an opinion on that ques¬
tion, as we know the purchasing power of these railroad
corporations—but as to its justice and necessity there can
sity in this country. We
the capital to build better,
be
doubt in any reasonable man’s mind.
In this connection we wish to speak upon
no
another point
which this accident suggests.
nracticeto have keroTHE HUDSON KITED RAILWAY ACCIDENT.
sene lamps in the cars, to be lighted evenings or in passing
The press and people are ever ready with their sugges¬
tions on the occurrance of a railway accident.
It is not sur¬ tunnels, and each of these lamps contains at least enough of
the oil to burn passengeis horribly, if it should be scattered
prising that these suggestions should be peculiarly abundant
in view of the painful experience of the past week.
But in the car, if not suddenly to tire the whole train. The acci¬
dents constantly occurring in households from the use of
how important is it that our views may be practical in
these oils is a warning of what may be expected to happen
order that they may have effect or be useful. It certainly
at any time on trains.
When the same article is used in
is not feasible to drive the oil business off our railroads;
large amounts and on cars in rapid motion, a lamp requires
nor to compel the cars to
stop every few miles; nor, in a
comparatively a small shock to break or overturn it, and that
word, to require anything of the company which will to any
which might and ought to be but a trifling incident of travel
great extent fetter commerce or travel.
could easily be turned into a painful or =even fatal calamity
In this case the real cause of the accident and also of its
the presence of this deceitful fluid.
most aggravating features are not far to seek.
They were byThe
problem of lighting, railway cars is not one.of such
and the same thing—a defect in the construction of our
difficulty as to excuse this practice. It may be true that
railroads, which can be very easily remedied. Suppose
the reservoir of illuminating gas now carried on some trains
the bridge where the accident happened had been made of
and on many steamboats is hardly safer than the oil itself.
iron and covered with an iron floor, could the broken axle
But there are railways, and among them some of our best
of the freight
train or the broken truck have caught
in the
beams of the bridge and thrown the cars over lines, on which large candles are used for lights, and nothing
else.
These answer all the purposes for which such lights
the other track ? or would the bridge have taken fire if
are needed, and they are entirely safe.
The difference of
thus constructed ? Then again if sufficient strength had
been given to this iron bridge to support any weight, would expense is but trifling, and is not to be set up as an excuse
for endangering lives.
We, therefore, claim that burningnot many of the passengers have been saved ?
As it hap¬
oils should be banished from our railroad cars ; and let the
pened, the worst feature was the fact that the bridge gave
community be assured that the horrors of death by fire shall
way and the cars were precipitated into the water. Many
not be brought upon them, as it may now be, by the slightest
could have been rescued from the fire if the cars could have
been reached; and probably the entire accident would have defect in railway materials, or the slightest carelessness in
which
requires notice, and
With several railroads
WMJI|liUyBHPUgaS!.^
bonds,
it is
a common
JL
one
,
cross
on
been avoided had there been
a
smooth flooring over the railway
officials.
the broken freight COTTON, 1870 AND 1871—THE RETROSPECT AND THE PROSPECT.
[communicated.]
car, in the same manner as it had been carried for many
At the beginning of 1870, and for some months thereafter,
hundred feet before i t reached the bridge.
Now it is no answer to this suggestion to say that it the supply of raw cotton to Europe, particularly the Ameri¬
would cost something to have such bridges- made.
The can portion, as subsequently developed, was widely under
railroad in question - is not a weak road-of sickly finances.'' -estimated. This eirtrr sustained high prices in the early
bridge of sufficient strength to
carry over
ij
[February 11, 1871.
THE CHRONICLE.
168
months, and perhaps contributed to the good demand for per cent, of the weight and 78 per cent of the value has been
goods which prevailed. Hence the year exported, and only 18£ per cent of weight, and 22 per cent
opened with middling upland cotton (Am.) at ll£d. in of value has been consumed at home.
The actual figures for 1869 were:
Liverpool, and No. 40 mule twist at 16Jd. in Manchester.
.700.098,000 pounds—value, £72,111 000
Cotton declined but slowly as the extent of the supply Exported
Consumed at home..
.130,000,000 pounds—value,
15,460^000
both cotton and
...
•gradually became apparent, holding an average price of —and for 1868
723.166,000 pounds—value, £72.052,000
about lid. for middling upland through the spring months, Exported
160,000.000 pounds—value,
19,665’000
Consumed at home:*
(The
figures
for
1870
have
not
been
received.)
lOffl. in May, and Of d. in June. Upon the declaration of
Of the exports of cotton cloth the average has been about
war
by France, late in July, there was a rush to sell, and
under it cotton fell to T^d. for middling uplands and other 72 per cent to warm countries, and consisted chiefly of light
fabrics.
In the last five years 27 per cent of the entire
qualities in proportion, causing immense losses to holders and
many failures.
From this extreme depression there was a export was to the East Indies alone. These proportions are
quick reaction to 9-J-d. in August and September, followed worthy of note in considering the character of the English
cotton trade and its prospects for the current year.
by a decline to 8£d. in October. In November, under the
The exports of plain and colored cotton goods to China in
scarcity of American cotton, middling uplands advanced to
1870 exceed those of 1869 by 32 per cent, and the average
9fd., after which came larger supplies and highly favorable
of the five years 1865-69 by 72 per cent, while those to
reports of the incoming American crop, causing a decline to
India in 1870 exceed those of 1869 by 21 per cent, and the
8fd.;at which price the year closed.
The previous year (1869) closed with small profits to average of the five years by 39 per cent. These exports of
1870 exceed those of 1861 (the largest in any one year
spinners, which were continued and increased in the first
seven months of 1870.
The average difference between before our war) by 68 per cent to China and 44 per cent
In 1861 the eastern markets were much over¬
the prices of middling upland cotton and No. 40 mule twist to India.
stocked ; ruinous losses were impending when our war
through the whole of 1869 was but 4d. per pound, affording
occurred to cut ofF cotton supply and impart high value to
a
profit only in the later months. In the first seven months
Then there had been a rapid increase
of 1870 that difference was 5£d., and for the whole year its goods on hand.
in the consumption of cotton and proauction of goods.
average was 5d., which though affording but a small enough
The cotton consumed in Great Britain was
profit, showed a wide margin of improvement upon any In 1850
905.600.000 lbs.
588.200.000 lbs. In 1858
976,600,000 lbs.
839,100,000 lbs. In 1859
previous year since 1861, in remarkable contrast, says one In 1855
‘
1.079,321,000 lbs.
In 1856
891,400,000 lbs. In 1860
1,007,400,000 lbs
writer, with the “ nine weary years ” during which “ the In 1857
826,000,000 lbs. In 1861
spinners saw their capital melting away under an almost —the increase in ten years, 1850 to 1860, being 83£ per
constantly losing businesss; so that at the close of 1869 cent.
the position of this great industry was deplorable.”
These
Leaving out of view the years 1862 to 1865 inclusive,
profits, with the present prospective increase under the note the increase in consumption since 1865 :
influence of cheapening cotton and a demand for the utmost In 1866
941,585,520 lbs.
890,700,000 lbs. In 1869
1,078,204,510 lbs.
In 1867
954,500,000 lbs. In 1870
.985,475,700 lbs...
production of the cotton mills, give promise of a highly In 1868
prosperous business in 1871, and have put in active opera¬
The eastern markets are reported to be again glutted with
tion nearly every available spindle.
With cheaper cotton, cotton goods. It is believed that the lower prices now
better and more substantial fabrics are produced, suited to
expected will cause their active distribution to consumers,
the home and continental demand, requiring the consump¬ and the demand in
England for export is unabated. Large
tion of more cotton.to the spindle and in the aggregate.
No profits are an incentive to an extension of business. It has
new cotton mills are building, and it was earnestly hoped
been suggested that although no new mills are building, the
that none would be built during the coming year to impair
existing machinery may be run on extra hours, even day
by excessive competition the good trade and prosperity now and night, employing double sets of operatives, if the market
in prospect.
shall make demand for the production.
While not impos¬
The statistics of cotton in Great Britain for the year are :
sible, such a policy is not likely to be followed. Past
Stock on hand Jan. 1, 1S7G
460,180 bales.
Imports from America (U. S.)
1,664,010
experience has often taught the lesson through impressive
44
India
1,063,540
Brazil
losses that over production of cotton manufactures soon des¬
402,760
Egypt
192^790
other countries
139,230—3,462,330 bales. troys profit, crowding the distributing markets and bearing
Total supply
3,922,510 bales. down prices of goods while enhancing the price of raw
Tak-.
for consumption in Great Britain
2,797,090
Taken for export from Great Britain
658,430—3,455,520 bales. material by its larger consumption, and giving good reason
Leaving stock on hand Dec. 31, 1870
446,990 bales. for the demand for higher wages and cause (or discontent
The average weight of bales imported in 1870 was 380 pounds,
strikes. The excess of the demand above the produc¬
making an aggregate weight of
1,315,397,730 lb and
The average weight of bales imported in 1869 was 354 pounds,
tion secures the profit, and it has been found wiser to reap
making an aggregate weight of
1,198,354,550 lb
the benefits of such a position rather than destroy it.
Be¬
Increase in 1870
117,043,180 lb
equal to 330,630 bales of the average weight in 1869, or sides, the ample stocks of English cotton goods in all markets
caution the exporting trade not to allow further large
9.77 per cent.
The average weight of bales consumed in Great Britain during
accumulations, especially when they see reason to expect still
1870
386 pounds, an aggregate of
1,078,204,510 lb
That of 1869
358 pounds, an aggregate of
Extra spinning time
941,585,520 lb lower prices in the ensuing months.
:
,
.
44
r
44
44
n
was
was
136,618,990 1b
Increase in 1870*
equal to 381,617 bales, of 358 pounds each (as in 1869), or
14r£ per cent, though it was but 8^ per cent larger than the
consumption of 1868. The export fell, below that of 1869?
133,420 bales, or 17 per cent.
* The British
consumption of 1870—1,078,204,510 pounds—was almost exactly
the same as in 1860—1,079,321,000 pounds—the largest ever known, which, with
that of 1861, almost as large, supplied the markets of the world at that date
with cotton goods to an excess threatening great losses, which were averted
by the occurrance of our war and
production of cotton goods and yarns in
Britain, taking the average lor the last five years, Sim¬
Of the whole
Great
the cotton famine.
is therefore doubtful.
The
cotton
statement for
1870 in all
Europe stands as
follows:
■
✓
Stocks
on
3,462,330 bales
*1,100,000 bales—4,562,330 bales.
Imports to Great Britain
Imports to continent
Total supply to Europe
!
Taken for consumption: Great Britain
44
44
Continent.
,
Stocks
587,000 bales.
hand in ports, January 1, 1870
on
hand, December 31, 1870
Consumption in 1869
Consumption in 1870
♦Not actual figures, but from
2,797.090 bales
5,149,330 bales.
*1,510,000 bales-^,307,090
bales.
*842,240 bales.
1,617,200,000 pounds (354 lbs. per
1,658,000,000 pounds (384 ft s. per
Liverpool estimates and partial statistics.
bale.)
bale.)
February 11,
THE CHRONICLE.
1871.]
169
settled, credits re-established, and capital brought back to
its old channels before the restoration can be complete. All
There \s some difference in the various estimates made of
this
time. It is, therefore, probable that even with
the supply of cotton for 1871.
The American crop is con¬ peacerequires
restored this month, the consumption of cotton on the
ceded to be much larger than the preceeding one,.and its
Continent
the first five months of 1871 will not ex¬
out-turn is set down at 3,500,000 to 4,000,000 bales.
See¬ ceed that ofduring
the last five months of 1870, and that the ag¬
ing the heavy weekly receipts, sustained and increasing
gregate of the whole year can but little exceed if it equal
since the first of December, few persons in this country now
that of 1870; for it must be remembered that the consump¬
estimate our crop below four millions bales. The consump¬
tion of cotton in France and Germany together has been
tion in this country is over-estimated in England, and it is
55 to 00 per cent, of the whole consumption in continental
assumed there that our planters will retain more cotton on
Europe during the last few years. But suppose the increase
the
SUPPLY.
The resulting estimate of our
to Europe from this crop is 2£ millions to 2f mil¬
plantation than usual.
export
for the Continet
shall
be
five per cent.
Then from these
bales. The larger quantity is generally regarded here premises we have for 1871 the following statement of what
can be :
as the
minimum, if there shall be demand for it.
The Stocks of cotton on hand in
*842,240 bales*
European ports January 1, 1871
’
2,750,000 bales.
movement of the India crop is hastened or retarded so much Import (available) from America
lions
India
by high or low prices, that the time and the extent of the
import from India are both quite uncertain. That it will
be small and tardy during the early part of the year, be¬
cause of the decline in prices, is generally admitted.
But
the crop in India is reported as a good one, yielding more
cotton from a smaller area than was produced last year,
while the cotton held over, in the Bombay Presidency
Madras, &c., from the last crop is estimated at 400,000
bales or more.
The supply obtainable by Europe in 1871
under the poioer of adequate prices, can he 300,000 to 500,000 bales larger than the imports of 1870.
What it will be,
is, of course, uncertain, and it is proper to say that cotton
existing, and ready for market, within call and obtainable
by steam transportation within sixty days, whether in
American or Indian ports, is practically a portion of the
visible
supply in its bearing upon prices.
Egyptian crop entering into the supply for 1871 is a
large and good one, estimated to exceed the preceeding one
by 50,000 bales or more. From ®ther countries there is
The
Egypt
Other countries—25 per cent
less than in 1870...
1,030,000
“
800,000
700,000
“
“
5,400,000
6,242,240 bales.
Supply available
—which, at an
pounds.
average of
Consumption (maximum)
In Great
Britain—12>£
410 lbs. each, will be 2,559,318,450
:
than in 1870
than in 1870
p. c. more
Continent—5 per cent more
lbs.
1.212.080,074
*608.832,000
lbs.
1,821,812,074
737,506,376
Leaving on hand, December 31, 1871
equal to 1,800,000 bales of 410 pounds each.
*
consumption on the Continent for 1870, and the stocks on the Continent
end of the year, are not the actual figures, aether have not been received,
The
at the
but are
computed from partial data and Liverpool estimates.
prices, or other reason, 600,000 bales of the
above accessible supply remains back in the producing coun¬
tries, the stock in Europe at the end of the year will still be
1,200,000 bales, to be further increased by whatever the
consumption shall fall short of the large quantities assumed
If from low
for it above.
REDUCED
PLANTING.
It has been assumed here and in
England that low prices
will materially reduce the area of cotton planting for the
supply is, however, so inconsiderable that an error of 25 next crop in this country. If so, it will be contrary to the
per cent, either way would not materially change the experience of past years.
The crop of 1850-51 was 2,454,result.
442 bales, the largest ever produced up to that date except
The average weights of cotton bales in the European sup¬ the
crop of 1848-49.
In 1S51-52 it was 3,126,310 bales;
ply of 1809 was 354 pounds (net). In 1870, by reason of in 1852-53, 3,416,214 bales. Under the sudden increase of
the larger proportion of American bales, it increased to supply from these two
large crops in succession; prices broke
384 pounds.
In 1871 r-assuming our present crop to be down to 5fd. lor Middling Uplands in Liverpool, and for
3,800,000 bales, and 2,750,000 bales to be exported, with an four years the average price in any one year did not rise
export near the close of the year, from the next crop, equal above 5fd., although the four crops next following 1852-53
to that for the same period in the last two years, the pro¬
were 3,075,000, 2,983,000, 3,665,000
and 3,094,000. The
portion of American in the import to Europe for 1871 will extent of the crops in old times was determined mainly
be still larger than in 1870, and will raise the average by the character of the seasons, and very little if at all by
weight to 415 pounds per bale, or to 410 pounds for the the prices. The lower the price, the more must be pro¬
whole supply for 1871, including the stocks on hand January duced.
Then there was no other employment for labor
1, 1871.
readily available. To a great extent it is so now among
the laboring people of the cotton growing States.
EUROPEAN CONSUMPTION FOR 1871.
Low
If we suppose every cotton spindle in Great Britain to be prices should and will lead to a larger planting of subsistance
employed at full working time throughout the year, and crops for economy and independence, not as a general thing
that the production is of heavier and coarser fabrics, to the at the sacrifice of cotton, but rather by greater industry and
extent of two numbers of yarn (say 6 per cent.) in the better management.
Labor will be cheaper and seeking
average of all, the consumption of cotton in Great Britain employment instead of being sought, and all experience
may be increased over that of 1870 by 12 to 13 per cent. teaches that labor seeking hire in “ hard times ” at low
Let us assume then that it shall be 12£ per cent, or one wages, is better and more effectively productive than when
eighth more than last year. The consumption on the Con" overpaid under great demand. -Already the large planta¬
tion system has given place largely to the small farm sys¬
tinent defies accuracy of computation, because of the uncer
tainties caused by the war.
tem, and thh tendency will continue. Tempted by the high
Suppose peace to be made within this month, then there prices at which the crops of 1868 and 1869 were sold, planters
will be at first the consequent condition more or less of made the crop of 1870 too costly by high wages, and by
stagnation. The waste or diversion of capital and skilled expensive and too often worthless commercial fertilizers and
labor cannot at once be made good to cotton manufacturing other outlay. The autumn, favorable beyond all precedent
or
any other business.
Commercial capital and credit are for the maturing and saving the crop, has added 20 or 25
necessary to life and activity in manufacturing enterprise, per cent, in its out-turn to the reasonable expectations of
and these have suffered seriously.
Bankruptcies must be the spring and summer; by the abundance of its success
no
reliable information.
Their contribution
to
the
whole
greatly reducing its value. The season of 1869 was highly
favorable; that of 1870 has suspassed it. In all the history
of American cotton growing the third progressively favor¬
unfavor¬
able.
A planting equal in area to that of 1870 may turn
out less than 3,000,000 bales, and the production in other
countries may be simultaneously discouraged by the pre¬
vailing low prices. It was a necessity of the case that a
period of very low prices must occur, low enough to dis¬
courage cotton production on a large scale in less favored
countries, and turn them back to the productions common to
them prior to 1861, before the old monopoly of the world’s
cotton supply could be restored and re-established in this
country, where the production is so favored by natural conditions that the monopoly, once fully restored, can be held,
against all competition, and thenceforward command in the
able
-
[February 11, 1871.
1HE CHRONICLE.
170
season
has
never
occurred.
The next may be
the ports indicate that plan¬
disregard all efforts to persuade them to self sacrifice.
large weekly deliveries at
The
ters
HOME
CONSUMPTION.
Consumption of cotton in the United States for the trade
year ending August 31, 1871, will not meet the expectations
generally held last summer. They were reasonably based
upon lower prices of cotton and consequent increase in the
production of heavier goods. But changes in the character
of cotton-mill products are made only to meet the demands
of trade, actual or expected. So far the light and medium
goods continue to pay best, and there has been no consider¬
change to coarser fabrics. Spinning machinery has re¬
ceived but little addition since last year.
The extraordinary
able
drought of last summer and autumn reduced cotton spinning
in New England materially ; (it was estimated, equal to
one-third of the full rate for two months, or one-fourth for
three months.)
The fall rains partly filled the streams,
prices.
furnishing a temporary restoration of full mill power, but
Any considerable abandonment of cotton culture just did not fill the springs and bogs, which are the feeders of
now, when the victory is so nearly won, would be unwise. those
streams, nor the lakes and ponds, which are their
Happily there is no danger of it. The general plan should reservoirs; consequently the effects of the drought recurred
be to secure first large food crops, and then to make all the
during the winter, and are still felt in many places, in the
cotton possible, whatever the present price.
Low prices ex¬ reduction of the spinning power. Doubtless the spring
tend consumption very rapidly, and one bad season would re¬
rains and melting snows will restore full power for the re¬
store good paying prices, while another abundant crop, if it
mainder of the year from April to September 1.
But the
should come this year, would settle the question of cotton
lost cannot be regained. Instead, therefore, of a consump¬
growing elsewhere.
tion of cotton in this country during the present year larger
than in the year ending August 31, 1870, as was anticipated,
PLANTERS HOLDING COTTON.
there is a strong probability that it will be less.
Last
The opinion has been expressed, and much advice has
year’s consumption, North and South, was less than 900,000
average
of years fairly remunerative
given that planters shall keep back a portion of the bales. In computing the supply of our cotton to Europe
present crop, in order that the portion marketed shall have out of this crop, the export was taken at 2,750,000 bales,
a better price.
The question arises, who will be benefited which would reserve for home use and for addition to stock
by such a policy if followed—the planters to whom the August 31, 1,250,000 bales if the crop turns out 4,000,000
advice is given, or the speculator who has bought the larger
bales, and 1,000,000 bales if the crop is only 3,750,000
part of his crop 1 If planters should, by general consent, bales, in either case a considerable excess upon home re¬
withhold until next season, say one million bales, and the
quirement.
“
B. F. N.
fact becomes known, doubtless the cotton going forward
PHILADELPHIA AND REAMG~RT1LR()\D.
would command better prices; yet not much, for the exist¬
The length of equivalent single track operated by this company
ence of the million bales being known, it matters little to
In 1809-70 was 1,108 miles, distributed as follows:
Double
Sidings and
Eurupcau npinucra -whether the cotton be in their ports
Single
Name of Road.
Laterals.
Track.
Track.
or on the plantation, except as the latter would relieve the
137.5
98.4
98.4
Philadelphia & Reading RR—Main Line
o.o
1.4
1.4
markets of the additional pressure which would be felt if all Northern Liberties & Penn. Township
2.1
21.5
been
si
I
if
|8
3
.
.
.
went
forward.
The
owners
American cotton which
of the two millions of bales of
planters have sold, and the
of the cotton of all other countries would get some
tage.
.
owners
.
.
advan¬
But the American planters who are invited to give
advantage, should see some benefit to themselves
before consenting to the sacrifice. To store up one million
bales of cotton, to be added to the weight of another crop,
in the season of 1871-72, even though that be a small one,
would be to doom the whole to low prices most effectually.
If the withholding sustained prices, it would in so far check
others that
.
.
.
“
Hope Branch u
Reading & Columbia RR....
insylv,
other countries. No, if the
supply for 1871 is excessive, the quickest remedy is in the
low prices which attend it. These drive consumption to the
.
Allentowm RR.
.
.
.
.
Union RR.
.
.
.
.
the surplus melts rapidly away, while
they reduce the world’s production, and these again lead to
better prices.
Planters need not assume speculative risks.
Following the rule of selling their cotton when ready for
market (except in times of panic cr other temporary depres¬
sion), they may rely upon it that consumers and speculators
will make demand for the cotton at prices quite high enough
for the relation of supply and consumption, and when, as
now, the production has suddenly outrun, in large measure,
the consuming power, the sooner the surplus is taken up and
distributed the better, though prices be distressingly low.
•
*
The
.
•
•
s
;?
[4
%
5.1
f
59.3
2.5
3.8
5.3
9.0
17.2
17.8
8.9-
3.0
63.6
j
0,0
3.8
11.0-
....
409.9
182.8
several roads here¬
Broad Mountain, the Mahanoy Valley,
the
Enterprise, the Shamokin and Trevorton, and the Zerbe Valley Railroads, the
company’s investments in which are now consolidated in the general account.
—and there are now under contract 42.1 miles, viz.: Perkiomen
Railroad, 7.0; Mount Hope Branch of Reading and
Railroad, 2.4; Allentown Railroad, 1G.6; Mine Hill,
hanoy and Shamokin Railroad, 1.5; and Pickering
road, 10.4 miles.
company
Columbia
4.2; Ma¬
Valley Rail¬
length of equivalent single track operated by
at the close of each of the last six fiscal years
1864-5.
289.0
428.5
Total (miles)..., 717.5
717.5
the
is shown
441.9
1867-8.
320.2
486.5
1868-9.
320.0
815.9
1869-70.
315.8
454.8
748.6
770.6
806.7
1,141.9
1,168.0
1865-6.
306.7
'
a
1.8
21.8
Mahanoy and Shamokin Railroad is a merger of the
The total
|
f5
14.5
0.3
25.8
9.1
0.1
575.3
575.3
tofore known as the Mahanoy and
'
12.7
10.7
63.7
1.0
Total
|
0.0
12.4
16.3
52.8
8.5
2.5
.
East Ms
|
o.*±
.
ylh
%
'
1.0
.
4.5
28.2
53.4
5.8
.
present, encourage planting in
utmost, and under it
40.7
39.5
36.0
.
the increase of
thus
11.0
12.8
53.7
1.7
16 7
3.4
Mt.
.
consumption which is promoted by low prices,
adding to the eventual accumulation, and would, for the
0.3
0-*
1.4
17.0
1.2
3dy]
Perkiomen RR.
1866-7.
334.3
833.7
^February llt
The company
Carbon to
171
CHRONICLE
THE
1871 ]
have also leased the Schuylkill Navigation (Port
Philadelphia, 108.23 miles,) and the Philadelphia, Ger¬
and Norristown Railroad, 20.22 miles, and the roads
leased and operated in connection therewith, 10.13 miles. The
lease of the railroad is perpetual (or for 999 years,) and pays to
2,578,250
Bonds, Schuylkill Nav
“
495,900
E. Pa. Railroad
S’k’gF’d. st’k & bonds.
Reserved Fund
mantown
$269,623 34, payable in quarterly instalments, March,
June, September and December 1, annually, and $8,000 annually
in like instalments for the maintenance of the corporation.
The
lease of the can d is also perpetual, and calls for the fixed sum of
$655,000, payable in quarterly instalments, January, April, July
and October 1, annually, and $10,392 53 annually in like instal
ments for the maintenance of the corporation.
The lease of the
canal is from July 11,1870, and that of the railroad from Dec.
1,1870. There was a loss on the canal to November 30, 1870, of
$11,973 88. The gross receipts thereon were (July 11 to Novem_
ber 30) $443,438 91, and the expenses $187,003 88.
Net earnings/
$256,485 03. Lease-rent (June 1 to November 30) $268,458
One hundred additional boats are being built and with these the
capacity of the canal will be increased to 40,000 tons per week.
the owners
Railroads (P.
Leb.
following is a summary of the locomotives and cars in use
1865.
254
Locomotive engines.
..
Freight....
..
1866.
207
1807.
208’
1808.
209
11,499
2,140
13,193
2,323
13,110
2,408
13,306
2,512
15,030
2,967
200
378
210
183
402
220
181
370
237
214
375
281
223
413
Real estate
Other railroads,
1,851,024
2,158,285
$19,843,029 $20,113,894 $10,410,303 $10,410,393 $19,410,893
1,994,968
1,913,725
1,736,464
1,032,964
685,045
*
“
5.487,700
4,928,061
3,765,774
3,765,774
3,765,774
3,588,962
3,311,746
2,405,275
2,405,275
2,086,156
stocks,
bonds, &c
Schuylkill Navigation
3,549,436
3.800,536
5,410,019
6,331,542
7,556,277
2,758,952
2,648,108
1,977,739
2,525,128
3,205,510
4,959,905
337,344
Steam colliers
Assets over liabilities..
Total
$32,577,548 $33,186,182 $35,253,553 $39,100,977 $46,094,501
The funded debt at the close of the years, as above, stood thus :
5
5
6
6
6
1782356—Tj-he
1865-66.
19,220
3,156
'289
•
$408,000
p. c. £ bonds, 1836-67
p. c. £ bonds, 1836-80.....
p. c. $ bonds, 1840-70
p. c. $ bonds, 1861-71
p. c. £ bonds, 1843-80
6 p. c. $ bonds,-1843-80......
6 p. c. $ bonds, 1844-80
6 p. c. $ bonds, 1848-80
6 p. c. $ bonds, 1849-80... .*.
6 p. c. $ bonds, 1857-86 (mg.)
7 p. c. £ bonds, 1836-72, 74,
and 77
6 p. c. $ bonds, 1868-03.
7 p. c. $ bonds, 1868-03
7 p, c. $ bonds, 1870-90
1870.
309
1869.
297
& R. &
Yal.)
Depots
Engines and cars
LOCOMOTIVE POWER AND ROLLING STOCK.
1,921,976
2,769,256
2,920,018
$32,577,548 $33,186,182 $35,253,553 $30,100,997 $46,094,601
Total
9l!
The
195,000
182,400
2,661,600
106,000
-
976.800
•
1866-67.
1867-68.
1868-60.
*
182,400
$
182,400
401,600
$
2.656,600
540,000
804.000
549,000
804,000-
101,000
100,000
"67, (MX)
$
182,400
182,400
381.800
102,000
106,000
976.800
549.800
804,000
101,000
106,000
976,800
1869-70.
'
100,000
976.800
976,800
549,000
804,000
101,000
804,000
540.000
101,000
67.000
67,000’
67,000
171.500
147,000
143,500
288,000
477.500
2,225,000
288,000
1,086,300
2.266,000
288,000
1,121.000
2,700,000
2,625,000
Total
$6,084,300 . $5,002,300 $6,379,800 $6,951,300
The three last named classes of bonds were issued for
$9,657,700
the con-
67.000
228.500
.
.
171,500
288,000
roads, and other works, completed and brought
operation during the last two or three years.
The Schuylkill Navigation loan is due—in 1895, $1,200,000 ; in
14,391 16,311 10,355 16,664 18,974 23,337
1913, $750,650 ; and in 1915, $621,600-total, $2,578,250 ; used in
This table shows an increase in five years of locomotives 55, or the
purchase of the franchise and works, real estate, engines and
21.6 per cent, and of cars 8,946, or 62.6 per cent.
cars, and coal barges of the company.
These bonds must not be
EARNINGS AND EXPENSES.
confounded with the proper issues of the Navigation Company.
The East Pennsylvania Railroad loan, $495,900, is due in 1888
The gross earnings were: From freight and tolls on coal,
$6,498,871 18, and on merchandise, $1,690,444 33; on passenger This is an assumed debt issued by the owners of said work.
NEW YORK MARKET PRICES OF STOCK.
travel, $1,205,539 07, and on mails, $34,241 51; expenses, &c.,
The following statement shows the monthly fluctuations of the
$142,271 26—making a total of $9,571,367 35.
The total expenses of working and repairing roads and ma¬ company’s stock for the last five years:
1870.
1860.
1868.
Passenger.
Cars,
Four-wheel.
116
446
struttion of
new
into
..
chinery was $4,769,174 88, or including drawbacks and allow¬
ances, including rents and ground rents, $628,883 86; dumpage,
&c., $151,282 38; taxes and insurance, $255,215 33, and profit and
loss, $120,910 12—a total of $5,931,466 51.
Deducting the expenses from gross earnings leaves $3,639,900 78
subject to the following charges : Renewal fund (5 cents per 100
tons on 1,154,638,155 tons transported one mile), $577,319 08;
interest on bonds, $517,747, and on bonds and mortgages,
1867.
1866.
....
108%@110%
June
@100%103X@106.Jk
100%@103
98 @103%
102%@104%
103%©109%
103%@111%
103%®107%100
January... 08 @,1073
February.. 97%®101%
March
96%@103
April
00 @106
May
105%©111%
July
104%@111%
August.... 110%®117%
September 112%@117%
October.. .115 @118#
N ovemb er.110% @117 %
December. 108 ©112%
101
©104%'-
95%©102%.
95 © 98%
94%@ 96%
91%@ 97%
92%@ 96
88%@ 04%
86%@ 91%
90 @ 96%
93% @106%
94% @107
88%@ 95
89%@ 95%
93% @100%
91 %@ 99%
96%© 99
98%
96%
90%@ 92%
93 ©
91 %@
01
95
© 97%
©101%
96%@100%
92% © 99%
95% @ 98
91
93
© 97%
@ 97%
95%@ 99%
97%@101%
-
93%@ 96
95%© 98%
96%@ 97%
96% @104%
100%@107%
106 @109%
93% @108
94%@ 97%
95% @ 97%
97%@101%
100% @102%
96%@X04%
Year... 96%©118%
94%®111%
86%@107
91 ©101% 93%@109%
$65,426,63; sinking funds, $68,600; new tracks and other new
work, $225,281 47, and July dividend, 5 per cent and tax,
$1,643,259 57—amounting altogether to $3,154,338 42; showing CHANGES IN THE REDEEMING AGENTS OF NATIONAL BANKS
The following are the changes in the Redeeming Agents of Nationa
an excess of income to the extent of $485,562 36.
These weekly changes are
"The total of the reserved fund at the close of 1869-’70 was Banks since the 2d of February, 1871.
furnished by, and published in accordance with an arrangement made
$1,851,023 58, from which the dividend of 5 per cent paid January, with the Comptroller of the Currency.
1871,was declared. The following statement shows full accounts
for five years:
-.
18G5-66.
1860-07.
18G7-68.
1868-60.
1860-70.
run by engines
Passengers
4.261,336 4,356,385 4,500,135 5,159,301 5,100,175
Missouri—
1,185.806 1.220,596 1,422,738 1,754,943
Palmyra
Coal, tons 2,240 lb
Materials, tons 2,000 ft.'...
•Passengers and freight,
tons 2,000 lb
3.714,684 3,446,826 3,574,874 4,239,457 3,750.990
226,896
242,526 220,046 337,117 203,578
Miles
1,444,257 1.273,644 1,104,575 1,527,760 2,034.030
1,037,121
Merchandise tons2.000 lb.
Passenger earnings
Merchandise
Coal
U. S. Mail
5,574,907
Miscellane’s
5,448,558 6,667,100
7,449,025
$1,026,217 $1,005,647 $087,606 $1,18-1,006 $1,205,539
1,579,623 1,690,444
1,421,530 1,525,551 1,415,723
.
ki
“
■
5,421,538
8,245,606 6,404,870 6.252,224
29,150
27,719
33,085
107,234
181,647
137,334
“
“
8,346,240
29,170
136,202
6,498.871
34,242
142,271
Bank
Bank
Toledo
Virginia—
Renewal fund, 5c. per
100 miles
Interest on bonds.
ton
Interest on
mortgages
and
bonds
Sinking funds
New works, &c
Total
$3,338,638 $3,150,837 $5,002,408 $3,639,901
$517,247
359,709
$408,577
356,844
$521,411
$603,479
433,380
$577,319
375,156
39,941
68,600
1,169,234
38,327
68,600
336,520
37,851
68,600
400,835
50,923
68,600
569,106
65,427
68,600
pay’ts from income. $2,151,731 $%298,877 $1,412,855
Balance of income
517,747
225,281
$1,725,488 $2,054,374
$2,529,587 $2,039,761 $1,737,982 $3,276,920 $1,585,527
5c.—5c.
Div’ds July and January..
5*—5*
5s.—5c.
5c.—5s. 5s.—5s.
*Paid in cash or stock, at the option of individual stockholders.
FINANCIAL CONDITION OF THE
The
following tabulation shows the financial condition
the close of the last past five official years:
of the
1866-67.
1867-68.'
1868-69.
Capital stock, common.$21,191,067-$22,304,301 $24,749,552 $27,471,300
prefer’d. 1,551,800■ 1,551,800
1,551.800 •• -1,56L800
Bonds, Phil. & R. R’d. 6,084,300 5,902,300 6,379,800 6,951,300
Mortgages on real est’e.
868,292
635,363
658,525 650,425
“
1869-70.
$28,849,800
1,551,800
9,657,700
1,110,027
Bank
of New
approved in addition to the Fourth
The Western National
more, approved in
Bank of Balti¬
addition to the
approved in addition to the Union
Bank
Ottumwa
National
York.
Ninth National Bank of New York.
National The National Park Bank of New York,
National Bank of Chicago.
The State National The Tenth National Bank of
Louisiana—
York.
Bank
New Orleans....
Pennsylvania—
Philadelphia
National The St; Louis National Bank, St.
Louis,' approved.
Bank
New
The NatT Security The First National Bank of
Yrork, approved.
Bank
New
L;st of National
New
The First
National Banks.
Banks organized since
Official No.
the 2d February, 1871 :
....
_
Winona Deposit National Bank, Winona, Minn. Authorized capi¬
tal, $100,000; paid in capital, $100,000.- Henry L. Lamberton, Presi¬
dent ; Izaak J. Cummings, Cashier. Authorized to commence business
February 3, 1871.
Lumbermen’s National Bank of Stillwater, Minn. Authorized capi¬
tal, $50,000 ; paid in capital, $50,000. Isaac Staples, President; Henry
W. Cannon, Cashier. Authorized to commence business February 3,
1871.
1784_The Bellefontaine
National Bank, Bellefontaine,
Ohio.
Authorized
capital. $100,000; paid in capital, $5-4,450. William Lawrence, Presi¬
dent; James Deister, Cashier.
Authorized to commence business
February 3, 1871.
COMPANY.
company at
1865-66.
Exchange
Bank
The Iowa
Iowa—
he Ocean
National Bank of New York.
The NatT
Weston.
Kansas—
Fort Scott
Earnings, less expenses.. $4,681,318
National
The First
Ohio—
West
National
The First
REDEEMING AGENT.
BANK.
NAME OP
LOCATION.
First National Bank
of Kewanee, Ill.
Authorized capital, $75,000;
paid in capital, $37,500. Elias Lyman, President; Truman B. Hicks,
Cashier. Authorized to commence business February 6, 1871.
First National Bank of Sigourney, Iowa.
Authorized capital.
$50,000; paid in capital, $30,000. Joseph Keck, President; R.
Rowland, Cashier. Authorized to commence business February 6,
j87l.
v
-
R.
Authorized capital,
Union National Bank of Oshkosh, Wis.
100,000; paid in capital, $55,750. D. L. Libbey, President; R. C.
IttsselL Cashier. Authorized to commence business February 9.1871*
CONDITION DECEMBER *8, 1870.
EACH STATE—THEIR
NATIONAL BANKS OF
reports of the National Banks of each State and
Comptroller ot the Currency for the following
redemption city at the close of business on Wednesday, the 28th day of
not included in the States of which they are a part:
RESOURCES.
We
indebted to the
are
Ne„
$11,307,250 35 $4,921,058
53
19,216 25
16,679 43 4,876.000
00
8,379,750 00
bonds to secure circulation.
475,000 00
ho us to secure depos’ts ...
470.000 00
108,100 00
bonds & securities ou hand.
397,800 00
272,211 24
bonds and mortgages
357,<>19 94
870, : 33 10
Due from redeeming ami reserve agents...
1,839.662 82
45,829 91
Due from other t ational banks
131,370 42
47,204 33
Due from State banks and bankers
4,870 83
131,769 57
Real estate, furniture and fixtures
228.343 44
36,t 34 97
Current expenses
42,901 94
38 25
Premiums
16,920 68
95,661 18
other
341,561
37
Checks and
cash items
Exchanges for clearing house
175,670 00
316,535 00
Bills of other national banks
37 00
Bills of State banks
123 00
14.547 69
Fiactional currency
37,555 91
40.681 47
discounts
Loan? and
-
Overdrafts
United States
United states
United Stales
Other stocks,
• •
Legal tender notes
Clearing house certificates
Three per cent certificates
Total
Capital stock
Surplus fund...
1.544,445 27
1,008,501 28
7,396, 02 00
Undivided profits
National bank notes outstanding
Stare bank note-? outstanding .,
Divideudr> unpaid
Individual d posits
J
: a
United States deposits
j
~
493,358
4,261,914
22,304
51,689
48.010 00
145,033 20
479,850 00
170,000 00
174,503
‘203,556
89,797
94,691
officers
Due to ua»io al banks ... ..
Due to State hank- and bankers
Notes and bills rediscounted...
Bills payable
98
172.971 15
43,545 16
1,169,585 01
1,659,929 15
28,665 51
61,852 75
127,316 41
185,653. 20
22 996 22
698,835 63
228,909 40
71,430 90
563.722 42
93 777 50
29,418 11
128.316 00
1,015,782 00
Exclusive of Boston.
00
97
69,734
87,161
37,255
13,699
4,610 05
New York
..
20.080.248
13.825,720
18,440,000
8,475,000
Specie. ..
Legal tended notes
Clearin'' House ceitiflcates
Three per cent certificates
232,079
348,738
168,815,061
244,011
Divid nd*
unpai <
Individual deposits
U. S. DepObits
Deposits of U. S. disbursing officers
Due to national banks
Due to State banks and bankers
Notes and hills rediscounted
1,024,516 00
41.1 00
2,193 00
196,642 16
496,700 61
2,333 00
55.722 95
70,024 08
66,426 17
36,719 93
3,259,629 88
25,062,082 00
12,368.950 00
17.273,094 00
232,085 00
134,711 94
28.814,946 00-
157,771 00
89,790 33
46,740,809 09
5,681,851 84
11,681.544 19
41,795,735 91
89.512 00
54,823 14
1,209.522 31
105,819 46
118,594 45
267,600 00
36.307 69
OURCES.
1,233.804 65
431,572 41
2,105,178 77
2.151,500
200,000
164,650
847,157
2,822,156
55
83
00
00
00
00
00
00
07
97
23,822,950 00
891,000
1,802,150
1,215,' i46
3.995,098
300,950 00
812,858 82
3,296,796 47
500.863 74
74,272 74
60.378 93
250,866 67
94,817 01
619,676 03
483,768 88
O'"'
811,056 00
4.799 00
151,274 79
128,231 72
577.528
235.974 00
39.061 51
322 00
77.027 30
9,932 67
1,122,455 00
1,933,966 00
4,311,592 00
200.000 00
655,000 00
1,116 00
147,044 51
295,000 00 '
1,087,850 00
1,437,219 83
195,550
.93,664
1,743,778
20,329 00
20,nl2 80
7,023,573 77
16,062,651 94
145,595 95
58,019.589 13
15,535,131 50
240,350 66
2.053.289 22
448,733 13
50.214 99
1.616.060 37
236.901 07
:
2,455,553 95
512.344 97
1,890,601
189,322
98,473
386,356
5,697,589
1,150.703
51
54.295 29
60.000 00
Baltimore.
Loans and discounts
$16,843,243
Overdrafts
3,974
U.S. bonds to secure circul’n..
7,982,000
U.S.bonds to secure deposits..
400,000
650
739,267
1,783,727
476.604
137,279
529.911
U.S.bond-*&secut’son hand..
Other stocks b’ nds&mort’s..
Due from red. & res. agents...
Due from other nai’l banks...
Due fm stute b’ks &b’kers..
Real estate, furniture, &c
00
00
46
65
47
23
01
100.520 39
26.518 75
81,362 14
items..
1,260,142 93
378.910 00
Exch’es forC earing House....
Bills of other national banks.
Rills of State banks
Fractional currency
856 00
9,134 13
193,457 07
2,456.089 00
....
'Legal tender rotes
(i earing Douse certificates....
Three per cent certificates....
128,000 00
890,000 00
Total
Washington.
42 $1,326,415 72
44
00
28,402 78
950.000
250.0 0
326.350
9.453
142.650
00
00
00
50
T»ue to nat onal banks
Due to State bnks & hankers..
Notes and bills rediscounted..
2,663,000
00
$3,130,258 28
200.0i 10
166,100
169,525
279,314
208.009
252,000 00
4.000 00
84.989 78
241*373‘66
100,780 00
273.324 12
290.695 99
00
00
93
89
62
285,096 00
520.517 00
67,813 19
19,811 89
45,881 80
26,253 38
44.517 00
2 929 00
85,215 00
1,271 00
22,601 34
26,360 89
894,081 00
15.279 92
29 244 84
$7,203,301 42
70
$2,539,250
50
$2,170,500 00
231,010 70
272,201 72
258.461 80
182.008 93
2,322,569
00
1,886,586 00
7\852 00
3,687,083 32
233,633 49
126,985 76
4,376 50
1,525,488 39
183,191 56
2,191,969 84
538*235*60
220,778 59
100,000 00
7,846 56
269,422 00
281,799
92
104.898 58
376,644 54
42,696 67
$34,421,648 09 $4,519,266 32 $10,226,625
2,148,664 20
82,699 01
82,853 46
111,123 32
86.649 76
f-8,847 44
100,000 00
18,612 31
65,105 37
418,074 00
375,000 00
80,000 00
30,000 00
799,658
6,658,745
49,257
22,711
8,156,110
1,120 00
78 $4,407,500 70 $7,390,181 65
$1.428,185 00
313,708 50
113,302 12
63
1,182,9:18 00
00
00
14,562 00
11,4:18 41
75
44
1,100,741 72
'
780,367 12
417,161 91
96,210 61
$2,348,217 50
401.906 09
260.581 48
1,775,668 00
11,798 00
48.102 02
2,304.4 0 22
35
68
23
•i9.329 85
47.6'>7 56
96.706 06
69
3,000 00
40,729 87
34.463
9.751
179.880
15.526
8.500 00
2.000 00
35 00
'
$28,277,380 78 $4,407,500 70 $7,370,181 65
S. Carolina.
Alabama.
Georgia.
$2,737,581 25
32,946 67
28,560 79
1,801,000-00
489,000 00
1.666*66
95.634 06
185.875 62
13,875 78
-46,249 36
69,661 61
100,000 00
61*, 100*66
206,126
237,708
151,972
110,844
49
75
20
22
$349,192 83
16,258 87
344,500 00
2r700 66
12,333 22
327,343 90
51,745 56
33,337 81
52,993 61
N. Orleans.
$1,910,253 96
1,258,666*66
82.102 98
94.823 85
99,358 43
190,369 99
189.644 97
53,6 3 31
28.952 70
72,431 96
29.872 09
18,452 95
106.124 72
23,676 80
64,o56 60
5,938 81
98,760 94
100,521 00
245,579 00
42,659 00
319,351 45
148,9-6 09
13,747 00
2,506 60
17,819 07
16,612 38
151,700 00
88.920 13
3,799 34
26,766 49
108,123 00
6,927 64
32,453 07
956,9.3 00
$1,506,325 47
$5,418,876 99
652,337 00
63,311 25
50,000 00
$3,804,121 64
$3,155,276 66 $6,654,410 14
LIABILITIES
540 00
36,715 72
00
2,297,158 32
26,060 66
19*5,666" oo
191,266 91
98,872 57
'
29.944 18
19,161 23
75,481 91
5a 845‘66
'
36:437 11
44.830 00
807,908 00
,
42,707 60
756,600 00
150,000 00
104,700 00
214,362 19
161,483 05
34,551 56
98,314 99
92,-918 12
76.353 03
134-651 19
17:949 91
34.895 55
$1,650,149 85 $1,800,549 09
33,162 78
200,729 72
803 00
7.925*27
N. Carolina.
2^,566 49
2,141,950 HO
$34,421,648 09 $4,519,266 32 $10,226,625
877,058 84
National bank notes ontsd’g..
7,032.969 00
State bank notc-s outstand’g..
127.687 00
Dividends unpaid
183.399 88
10,704,719 16
Individual deposits
deposits
Deposits of U. S. dis. officers..
93
75.590 12
51,860 42
6,257 44
84,935 62
65
54,895 81
.
U. S.
RESOURCES
W. Virginia.-
Virginia
$4,809,400
285,812 67
681,865 54
42.554 00
$9,000,000 00
$43,242,508 57 $79,164,904 06 $80,040,907 19
558.561 99
260,950 59
106,774 57
364.357 58
80.920 32
55.017 43
194,319 25
00
$10,891,985 00 $1,050,000
25 ,000 00
1,899,813 87
96.751 20
Capital Stock
Surplus Fund
Undivided profits
112,608 26
150,000 00
221.350 00
2,099 00
9,624 77
2,847 85
184,258 00
110.026 91
1,032,459 14
+
69
55
00
39,864 00
1,855,260
4.953,921" 80
258,376 17
2.100,00
80.917 09
197,797 43
92.122 20
43,943 16
128,202 84
19.738 59
' 3.014 50
36-624 27
165,753 00
1,354 00
^5,328 03
109,288 57
38,985,100 81
78,215 77
2.321,335 76
'412,282 84
Maryland
$3,046,671
26,722
2,008,750
421.531 96
23
00
1,930.090 00
5,410,000 00
+ Exclusive of the City of Baltimore.
Exclusive of Philadelphia and Pittsburg.
5.173 73
1,348.200 00
118,501 01
983,834 90
4,900,673 00
33.679 79
118,425 23
42.500 00
$2,070,373 27
60.901 76
139,778 89
377,784 57
*
1,448.085 78
703,760 47
584,235 49
Delaware.
78
61
00
103.962 69
17
10
51
7.405 00
164,183 10
22,814,821 19
69.222 51
211,055 69
394,838 99
00
91
33
349,85:* 94
238.184 94
752.922 91
971,760 41
110,632 00
00
74
69
11
4.169,324 43
225.000 00
00
00
80
87
1,484,582 08
231,868 65
460 37
7,673,500
756.469 44
326,262 11
1,0.55.418 80
133,078 45
184,693 40
8,962 70
13,2081200 00
2,062.627 23
1,114.585 07
1,195,497 82
2,655,669 14
$150,242,214 31 $44,020,471
58 $64,991,716 68 $127,309,233 66
t Exclusive ol New York City and Albanv.
Jersey.
305.000 00
130,598 70
615,520 27
35.988 68
14,838,002 21
426.409 00
210,279 50
37,133 46
83,942 27
13.512 83
100,381-78
32,094 23
10.967,950 00
11,411 13
$380,070,301 50 $15,865,496 71
Total
478.005*00
4:88.067 69
50
00
48
06
New
79,000 00
payable
Total
252,827 00
lijljos §
atiuna1 bank uoteB<mtstanding
State bank notes oi.Sfanding
payable
4,687,736 74
3,017,254 00
00 $16,382,150 00
00 $24,505,240
$2,650,000 00 $11,840,350 eo
&. 577.461 19
0,037,247 37
uon.noo oo
73
1,559,590 19
1,787,331 62
484,250 84
00
9,530,082 00 20,873,250 00
1,879.762 00
32,534,475 00
154.265 00
86,841 00
'
Bills
221.858 12
2,044,106 06
$73,435,000 00
.
Wfta^Wuv.v.-.v.v.-.v.v.v.v.v.v.v v.
...
752,703 89
35.252 8L
566,438 94
$43,242,508 57 $79,11,4,904 06 $80,640,907 19 $28,277,380
$380,070,301 50 $15,865,496 71 LIABILITIES.
Total
Specie
1,941, ' 96 78
694,279 40
P: tt sharer•
Pennsvlvania.* Philadelphia.
$13,926,313
$37,951,069
86
45
$5,867,253 14 $21,182,781 65 $35,989,364
45.992
7,170 86
253.309 12
57
2.349.719 91
90
Current expenses
Premiums
Checks and other cash
721.988 23
19^,258 98
810,995 31
226,326 84
2,184,839 13
212.298 68
$17,705,191 96 lo6,454,776 28
Albanv.
City.
78
00
00
84
*
4,290,446 44
1,994,765 62
00
00
70
93
72
691,016 76
108,762 87
3,506,527 82
5:84 -45 04
6,031,832 00 30, r-29,904 00
198,426 00
24,580 00
227,817 75
44,278 46
2,258,753 66 20,582,180 02
975 63
Loans and discounts
$169,066,253
*
130,218 69
Overdrafts
39,686,900
U. S. bonds to secure circulation
L. S. bonds to secure deposits
700.000
U. S. bonds ami securities on hand
8,234.300 00
Other stocks, bonds ana mortgages
5,671,502
Due from redeeming and reserve agents...
14,451,055 55
Due from otin-r national banks
Due from State hanks and ’tankers
2,3 9,204 03
R^al es’ate. furniture and fixtures,
7,838.780
Current expenses
Premiums
1.181.004
2,695.270 45
Checks a'd other cash items
Exchan-es for Clearing House
61,930,217 95
Hills of <*ther national banks
.*.
2,670,427 0 »
Bills of State banks
4,775 00
Fractional cmrency
329.752
Bills
'
1,570,500
1,342,050
3,163,049
7.795,251
1,961,656
789.366 93
409.579 65
160 00
165,162 72*
62,315 57
REf
Ctpital stock
I,27915380
2,109,980 39
18,994'97
520,000 00
925,050 00
260,000 00
143,300 00
276,776 03
7,957,720 03
3,888,856 80
93 00
07
00
$24,967,077 34 $12,595,055 49
.
00
90
6,071,750 89
634,988 98
77,5n2 67
13.131 61
91
43
82
198 40
Total
*
27,881,650 00
850,000 00
2,384,000 00
416,^39 06
00
00
Connecticut.
Island.
959,107 20
75,737 47
25,552 07
184.002 45
2,008,994 89
126.436 72
41,530 89
4,993,389
44
141
1143.547
A O RAV 61
~
Deposits of U. S disbursing
City
of Boston
35,041,450
1,235,000
2,646,900
914,740
6.854,900 00
300,000 00
Rhode
Massa-
chnsetrs.*
5,610,732 00
2,405,642 00
1,350,086 00
8,925,845 00
4,217,885 00
37,976 21
645,111 00
466,764 00
51,000 00
1,035, <56 00
650,odd"00
90,000*do
4 060,000 00
75,000"do
...
80,000 00
185,0( H) 00
5,000 00
49 $17,705,191 96 106,454,776 28 $150,242,214 31 $44,020,471 58 $64,991,716 68 $127,309,233 66LIABILITIES.
$24,967,077 34 $12,595,055
09
00 $20,364,^00 00 $25,056,820 00 $36,412,741
6,632,117 52
$4,835,000 00 $7,310,012 50 $39,222,000 00 $47,800,000
5,207,789
68
2,035,064
66
10,278,664 39
$9,125,000 00
9,-21,227 31
1,025,440 26
735,109 66
5,364,713 40
2,107,750 78
1,536,935 74
Specie
tt
December, 1870. The returns of the cities are
New
Ycrk stale t
$7,417,068 08 $51,805,231 29 $78,979,184 36 $23,331,933 61 $31,718,038 77 .$64,268,761 01
24,108 96
18,370 43
116,057 79 33,065,050
480,377 45
153,920 09
66,402 48
00
14,273,100 00 19,696,100 00
Yermont.
Hampshire
Maine.
[February 11,1871.
CHRONICLE.
THE
172
$1,081,100 00 $2,150,000 00
239,600 00
121,016 83
139,970 82
319,299 94
148,996 36
1,434,035 35
440,100 00
651,955 00
$850,000 00
69,759 89
'
$500,000 00 $1,400,000 00
107,100 00
14,569 69
167,513 96
103,552 91
1,044,156 00
272,098 00
’
**496
60
1,657,931 41
125,835 62
13,116 06
130,624 04
23,688 10
131,718 56
70 $7,203,301 42 $3,804,121 64
222 00
30,675 00
1,157,680 75
1,881,795 17
59,668 46
24,725
75,724
27,236
87,500
17
86
23
00
44,762 51
369,943 93
124,630 13
160 00
166*00
478,631 12
2,438,060 51
3,494 29
59,447 30
125,241*15
13
',705 37
75,925 16
$8,155,276 66 $6,654,410 14 $1,506,325 47
$5,418,876 6 9
THE CHRONICLE.
^February 11,1871 ]
173
RESOURCES
Loans
-
Overdrafts
U. s. bonds to secure circnln.
U. 8. bonds to secure deposits.
uther stocks, bonds & mort’s.
Due from red’g <fcres. agents..
.Duefrom other • at'l banks...
Due fn m Stare b’ks & b’kers.
Real estate, fur- iture * fix’s.
Current expense-*
Premia '-s
Cheeks and other cash items..
Exchanges for Clear. House.
Dills of other national banks.
Dills of Stare banks
Fractional currency
■Specie
-
3,752 66
47.857
3,039,800
50.000
2,700
1,600
476,138
164,223
254,011
137,512
34,744
95
00
00
00
00
79
26
42
22
69
108,590 31
13,190 94
128,551 00
32,216 71
11,787 02
525,000 00
175,000 00
200,000 00
50,000 00
4.050 00
800 00
25.878 90
u!s bonds&secu<’son hand,
76,024 94
917,000 00
50,000 00
56,769 55
66,686 45
14,217 73
41,320 25
35,591 43
9,193 22
7,844 97
58,807 00
25,436 23
3,039 43
169,089 35
942 21
880 72
11,106 38
5,679 61
1,356 il
3,410 65
245,939 00
28,569 00
489,976 00
207,645 00
18.148 78
13,984 78
17,679 55
1,875 65
127,616 62
1,909.800 00
207,629 07
14,394,700 00
350,000 00
216,820 49
115,277 15
585,000 00
1,028.000 00
539,615 02
2.585,887 58
618.968 11
430,746 85
221,054 03
86,451 30
79,207 19
111,204 82
1,013,911
132,538
48,127
331,219
57,050 00
149,729 67
17,000 00
162,295 72
45,960 04
457.279 42
54.995 83
22,35 * 18
3,113 39
7,895 96
38,9:18 96
3,501,500 00
2,271.000 00
944,000 00
300,000 00
29,000 00
7,000 00
518.291 67
334,520 70
144,050 74
208,407 48
246,450 00
41,246 77
1,024,999 81
209,742
168,047
164,713
86,781
65
09
36
45
06
85
14
57
183,829 50
13,075,300 00
515,000 00
466.600 00
240,710 79
1,894,743 72
416,409 62
165,097 63
800,513 82
10,078 35
143,418 64
63 760 01
101,280 33
162,307 35
182,197 00
154,459 00
871,977 00
00
39
40
00
00
10,209 00
68,435 31
139,063 98
2,136,242 00
35,000 00
$8,164,100 27 $2,623,739 91 $8,327,605 53 $48,073,448 72 $13,465,647 04 $10,089,400 52
$38,052,858 18
1,456 00
2.376 01
17,544 00
35 00
277,988 00
487,224 00
10.846 00
6,219 00
96,176
80,386
2,887,433
245,000
23,689 76
67,830 32
776,381 00
5,000 00
$643,786 04
Indiana.
$4,986,317 08 $17,664,239 56
606 82
8,360 84
$2,081,119 95
C1 eve I and.
$5,607,470 66
5,000 00
58,467 23
63,915 40
28 44
Legal tender notes
Three PerOsnt Certificates...
Total
Cincinnati.
Ohio.t
lenne*see.
$164,132 14 $3,198,382 70 $1,109,931 32 $3,289,379 76 $22,353,467 80
$634,155 65
and discounts
Louisville.
Kentucky.*
Arkansas.
Texas.
16
58
00
00
48.755 60
620 00
2,193
24,026
11,464
709,000
190,000
12,307 66
51 091 93
1,189,200 00
100,000 00
liabilities.
$525,000
50,499
78,748
426,353
Capital stock
Surplus fund
Undivided profits
N ti rial bau< notes outstd’g.
.State bank ivde* outstanding.
-
Due to National Dauks
.Due o State barks<te‘bankers.
00
$950,000 00 $2,252,600 00 $15,204,700 00 $3,500,000 00
3,313.914 21
566,778 50
146,879 33
241,538 09
00
252,730 72
249,259 08
2,380,654 00
127.767 48
62,590 27
28,163 25
2,019 33
50
43,202 75
264.858 09
802,999 00
1,595,093 00
755 00
2,825 00
1,916,447 04
29,852 72
8,150 01
132,131 86
885,339 90
14,315
Exclusive of City
19,044 67
1,008 00
2,904,806 87
108,577 74
86
31
00
78
04
00
299,639
109,543
334,148
283,387
128,138
62,489 27
3,304,555 02
1,008,504 19
11,487,358 00
1,614 00
74;615 34
7,777,859 22
265,455 64
72,410 80
137.525 50
261,960 42
00
10.130 00
2,185 00
3,410,014 16
as. 711 41
146,874 48
1,819.105
1,707,388 24
299,658 02
154,823 02
192,4 9 30
428.313 76
248,500 00
673 000 00
200,000 00
83,000 00
51,000 00
$2,623,739 91 $8,327,605 53 $48,073,448 72 $13,465,647 04. $10,089,400 52
$38,052,858 18
15
$8,164,100 27
*
366,948 06
103,472 07
3.53,493 93
2,973,780 00
14,570.965 86
126,350
2,750 00
$643,7t6 04
r$3,300,000 00 «113,527,000 00
66,482 00
•
50
13
159,542 79
156,102 44
299,194 22
2,750 00
$2,0'1,119 95
•
921.669 99
12,695,465 00
6,433
3,287,004
169,762 49
82,731 39
40,000 00
112,454 69
bids Rediscounted.
payable
Tots 1
*
$3,067,350
8,466 77
178,687 00
62
658,864 31
41,390 62
238,997 15
43,048 42
18,218 54
Deposits of U. S.l is. Officers.
Notes and
00
33.341 44
.
Dividends unpaid
(Individual deposits
United States deposits
Bids
$200,000
00
29
Exclusive oi Cities of Cincinnati and Cleveland.
of Louisville.
RESOURCES
Illinois.*
and discounts
Overdrafts.
U. S.b mds to securecircuI’ii.
U.S bonds to secure deposits..
U. '. bdsvsecurities on hand.
Other stocks, bonds Amort’s..
Dne trom redeeming agents. .
Dii'* irom other nat. banks
D ie from State bks & b’kers..
R *al estate, furniture & fix's..
Current expenses
Loans
$10,933,334 47
$15,935,982 58
271,673 86
85,463 34
5,506,600 00
7,027,500 00
.
...
Piemiums
Checks and other cash items..
Exc'n ges for Clearing House.
Dills of national banks .......
Dills of State banks
Fr ictional currency
Specie
Legal tender notes
Clearing House certificates
Three per cent
,.
certificates....
128,200 00
146,650 00
326,286 85
1,698,961 63
305.500 11
630.197 47
608,363 50
144,479 51
644,687 28
274,942 22
76,117 79
263.254 29
124,090 13
56,473 36
211,224 93
-
399,120 00
587.432 65
244.616 59
54.268 15
337,241 67
92,410 24
20.607 39
150.371 10
123,119
66
Towa.
Milwaukee.^
r
43,293 10
22,813 43
166.127 75
1,551,831 00
3,267,812 00
60.01)0 00
385.000 00
i
Missouri.?
$2,280,373 88
28,620 01
1,375,400 00
100,000 00
187,107 96
00
00
00
00
288,067 40
4,038,050 00
200,000 00
306.000 00
145,300 00
65,550 00
93,889 87
403,505 81
145,451 53
28
69
00
52
42
18
58,224 12
331,306
792,876
207,720
158,572
365,540
128,096
80,600 00
334,680 30
331,437 55
86
64
22
86
62
63
113,421 38
156.742 69
30,057 47
99,348 71
42.331 67
14.750 00
51,463 60
20,339 80
29,956 26
64,671 03
16.647 13
12.120 63
81.331 73
157,799 64
114,814 99
80,298
149,669
140,694
70,024
56,690
44,927
88,459 00
8,859 00
258,937 00
111,908 00
200,236 00
1.074 00
40 00
553 00
20,454 45
18,635 73
470,348 00
13,494 13
25,739 09
458,351 00
69.347 61
55,129 00
-
57 00
88 oo
59.150 54
104.210 22
Minnesota.
39
10,344
735,000
300,000
5,600
15,400
00
17
78
82
$6,094,304 19
$3,328,715 79
74,065 68
1,876,300 00
$1,687,410 06
34,198 57
86,953 40
94.766 92
...
361,849 00
136,800
74,663
497,191
234,658
13,000 00
366,776 26
66,190 44
-
11351.749 68
.$25,101,458 96
Total
50.000 00
20.750 00
175,118 64
668.720 80
1,949,144 29
588.709 72
278.877 58
$3,233,810 84 $3,058,444 54
59.854 69
28,415 79
1,223.800 00 1,979,250 00
100,000 00
250,000 00
$6,562,253 07
110,234 34
3,585,150 00
581.000 00
Wisconsin.±
Detroit.
Michigan.t
Chicago.
22.998 18
27,853 28
836,091 00
24.508 .‘18
4,698 64
21.045 84
5.733 98
45,455 07
60,955 35
510,286 00
451,104 00
387,427 00
1,136.010 00
30,000 00
60,000 00
35.000 00
15,000 00
10.000 00
16,215 68
101.186 16
160,249 16
60,987 13
37,683 51
10,000 00
•
$6,642,189 41 $7,096,559 17
$31,446,787 24 $13,245,700 66
$3,804,250 59 $14,377,329 42
$7,389,785 81
$5,781,790 79
$750,000 00
$4,035,333 00
$1,910,000 00
832,079 12
481.751 83
$1,442,800 00
179,511 74
91,900 97
297,634 98
282,524 58
242,320 34
651,080 00
3,480,126 00
1,578.795 00
1,175,218 00
LIABILITIES.
Capita' stock
Surplus fund
Undivide i profils
*
Vat’onal bank notes outstd g..
State hank notes outstanding..
D vidends unpa d
Individual deposits
deposits
Dep’sot U.s. disburs’g offic’s..
Dm* to Naiional banks
Du- to S ate banks & bank’s..
Notes and bills rediscounted...
U. S.
liiils
payable
Total
*
Exclusive of Chicago.
$7,554,255 00
1,779,289 45
$6,450,000 00
2,086,527 51
6,146,113 00
1,724 00
771,228 69
$1,750,000 00 $2,053,000 00
$4,174,815 00
383,000 00
291,984 82
403.773 92
1,007.677 25
1.195,595 09
394,819 13
4,825,424 00
3,049.873 00
1,050,457 00
1,674,018 00
4,931 35
7,937,503 78
386,662 02
3,517 OO
*0,545 4 OO
11,178,127 97
4,058,910 40
2,286,899 46
142,704 12
107,664 00
2,970.775 75
2,351,524 95
574,212 81
43,205 .00
5,849 70
239,843 67
11.639 31
38.649 54
310,035 24
220,342 23
109,226 99
8,302 20
39,431 55
27,400 00
5,000 00
$25,101,458 96
$31,446,787 24 $13,245,700 66
t Exclusive of Detroit.
9,1 so no
2,565.605 59
39.716 90
43.472 55
41,491 53
241,733 96
995 00
2.166 00
1,066 00
400 OO
198.778 55
228,822 31
305.691 41
5,03m ft
125,053 72
71,442 77
135,122 51
317.561 79
144,348 59
103,400 48
40,780 92
88,914 58
55.000 00
50,310
116,223
67,678
122,289
76,849 37
13
93
68
30 18
129.546 33
96
16,000 00
113,983 72
25.294 16
78,588 27
$3,804,250 59 $14,377,329 42 $7,389,785 81
$5,781,790 79
218,162 64
*
37,266 13
$6,6-12,189 41 $7,096,559 17
2,23?rMt ¥8
2,890$$) %
§ Exclusive of St. Louis.
X Exclusive of Milwaukee.
RESOURCES.
St. Louis.
Loins and discounts
Overdrafts
U.S. bonds to secure circul’n.
U.s. bonds to secure deposits
U S. bds&secnrit'es on hand
Other slocks, bonds* mort’s
Duefrom redeeming agents.
Due fr m other nat’1 banks
Duefrom State bks * b’kers
Ileal estate, furniture & fix’s
Current expeuses
$9,712,174 .30
45,090 37
4,010,850 00
91,950
66
1,322,947 53
678,934 83
146,140 97
257,970 28
427,111 01
138,412 27
175,886 81
d other cash i ems
51,390 61
Exchanges for Clear House.
296,221 26
200,405 00
5,725 00
11,560 62
64,925 6 >
Checks
a>
Bills of national banks.
Fractional currency
Specie..'!
Leoal tender notes
971,132 00
Kansas.*
Leavenworth.
Nebraska.
$390,455 96
$253,887 04
10,880 09
200,000 00
$917,365 70
36.548 57
240,000 00
100,000 00
14,250 00
35,421
40,819
63,624
9,227
22
51
83
11
24.235 65
10,392 09
10,11^ 34
21,513 42
Total
00
28
00
20
71
67
78
27,250 00
154,079 28
331,308 42
16,101 65
8,010 54
250,000 00
50,000 (X)
20,400 00
42,606 49
$616,848 65
28,327 86
354,000 00
150,000 00
126,300 00
18,840 62
$157,680 37
8,729 26
40,000 00
20,000 00
'
2,ooi 9i
28,990 75
334,151 91
884 36
101,993 07
17,711*77
27,305 79
132,304 48
27,899 77
95,253 55
11,412 08
1,700 00
5,167 25
58,449 00
30,322 01
7,070 28
15,786 37
8,306 15
25,520 48
26,799 93
13,0.50 90
2,656 76
9,046 15
24,350 00
25,515 00
26,280 00
27,000 00
37,582 00
14,830 00
5,052 86
3,928 43
10,315 35
1,050 10
19.222 49
9,855 92
3,520 88
38,136 87
3.891 14
20,385 76
5,252 12
19,040 70
116,670 00
110,423 00
129,761 00
131,936 00
207,650 00
$2,560,953 76
$1,158,891 09
$250,000 00
4,262 79
14 539 11
Idaho.
Utah.
$80,865 29
42,347 45
150,000 00
20,000 00
25,500 00
1.898 51
S3.682 05
21,869
2,466
22,089
2,057
$66,658 52
12,344 58
75,000 00
477 21
358 29
62,491 67
41
68
13,106 09
3,962 15
48
31
1,980 58
430 00
570 00
**••••••
800 19
280 00
38,600 00
4,109 25
45,121 00
12,775 00
28,198 00
$2,133,955 48
$366,711 84
$503,236 62
$278,202 0 9
$350,000 00
$100,(X>0 00
$100,000 00
$100,003 00
16,723 74
35,925 00
11,616 27
1,997 60
134,011 00
7,000 00
12,093 34
129,790 00
72,500 00
82,711 68
266,470 00
62,500 00
1,086,817 74
120,689 94
336,254’ 13
1,165,685 56
113,716 72
156,590 56
78,426 83
370,523 55
247,045 99
75,318 36
125,786 80
23,171 60
10,000 00
395,000 00
$19,003,859 14
7,000
50,007
102,274
75,489
18,998
43,356
14,363
281,000 00
450,000 00
$391,433 54
Montana.
Colorado.
49,773 65
Clearing House certific t,es..
Three per cent certificates..
200.000 00
24,693 29
Oregon.
$1,146,632 99
$1,183,333 87
LIABILITIES.
Capital stock
surplus fund
Undivided profits
...
National bank notes outsta’g
State bank notes outstanui'g
Div.dends unpaid
Individual deposits
United States deposits
Deposit- of U.S. Dis.Officers
Due to State banks&bankers
Notes and bills rediscounted
Bids payab e
Total
*
$6,610,300
623,221
,536,362
3,420,813
00
54
14
00
210,521 00
179,000 00
215,500 00
$200,000 00
5,000 00
62.160 17
10.000 (X)
535 00
21,385 82
3,447,702 99
698,785 54
734,309 50
706,272 32
2,204,151 29
$19,003,859 14
Exclusive of the city of Leavenworth,
34,321 08
59,513 87
26,214 62
$400,000 00
62,000 00
103,897 37
$250,500 00
21,736 59
471,433 71
90,730 27
98,260 00
262,316 94
52.868 64
35,099 96
302.919 80
6,113 89
14,920 60
8 407 81
5,058 08
•
420 00
105,469 20
103,916 18
6,450 12
10,990 69
3 817 21
8,159 97
12,732 82
82^404
73
68,462 90
925 81
90,526 38
1,515 26
7,589 00
16,666 66
......
$1,146,632 99
$1,183,333 87
$2,560,953 76 $1,158,891 09
$2,133,155 48
$366,711 84
$503,236 62
$278,2o2 09
BANK RESEMES.
of other matter compells us to omit our usual
We shall publish these returns in our
A pressure
table
next
of Bank Reserves.
number.
,
Commercial; Cnglisl) Neuie
Catest tUanetarp anO
EXCHANGE AT
K4TB9 OP
AND ON LONDON
|f<>NDON,
A
DATES.
LATEST
AX
EXCHANGE AT LONDON—
JAN. 27.
short.
Amsterdam...
Antwerp
Hamburg
3 months.
latest
DATE.
44
time.
Jan. 26.
Jan. 26.
11.17*@11.17*
25.32* @25.87*
short.
*
Paris
Nominal.
short.
Paris
Vienna... 3 months; 1*70 @13.75
Berlin
Frankfort
Jan. 26.
k
30
Petersburg
25.05
6.22*
119
it
Jan. 24.
Naples
New York....
Jamaica
Havana
Rio de Janeiro
Bahia....
Valparaiso....
Pernambuco..
Jan. 13.
Jnn. 6.
Jan. 9.
Jan. 3.
Jan. 4.
90
Dec.
4s. 5d.
4 p. c.
dis.
18.10* d.
ls.lOXd.
Bombay
Madras
Calcutta
80
60 days.
days.
44
109*
19 prem.
23*
23* @24
44*
23* @24*
44
44
44
4s. 6d.
60 days.
Singapore
Hong Kong...
Ceylon
Sydney
Jan. 26.
U. 10*tf.
* die.
days.
44
4k
4k
44
30
Dec. 6.
shirtings for future delivery until the end of February hare covered their im¬
id.
6 mos.
4.
mediate necessities, and -have secured enough of yarns to last them for a few
weeks.
The demand for export yarns has not been brisk to-day, and spinners have
found some difficulty in obtaining the prices which they asked.
Is. 1 U*d.
I0*ri.
1* p c.
16.
days.
[On account of the irregularity of the mails we have not re¬
our foreign letter, for some weeks, in time for our paper.
We hope its publication will not be interrupted hereafter.—Ed.
Chronicle.]
ceived
[From
our own
correspondent.]
London, Saturday, January 28.
during the whole of
the week, owing to the critical position of affairs at Paris.
To-day
the welcome intelligence has been received that the terms of an
armistice have been arranged, which are to apply not only to the
Business has been in
armies at Paris but
are
a
state of
mination of
suspense
to extend to the whole of
would indicate that both sides
are now
anxious to
France.
This
bring about
a ter
hostilities, and evinces a desire that the combatants
are
returning to the remunerative labors of peace. Intel
ligence has also been received from Berlin stating that Count
Bismarck is desirous of making peace with France on the basis o^
a cession to
Germany of Alsace and a portion of Lorraine. Thi
to non-combatants, is very satisfactory, as it was feared from tlie
tone of the German press, that the German authorities woulc.
desirous of
insist
cl
indeed,
no.vL<»lx
the line of the Meuse
only this week
spoken of as to form the future
boundary between France and Germany, so that all the strong
fortresses commenced by Vauban, and strengthened by modern
skill, would be transferred intact from French to German hands
If the Germans are content with Alsace and a portion of Lorraine’
and the razing of the fortresses which have been a threat to Ger¬
many, public opinion will, if I mistake not, support tlie demands
of the German Empire, in the event of France not acceding to
them.
To France, however, peace is becoming a necessity, and it
is but too evident that it is to the interests of Germany to bring
the struggle to a close.
If such can be obtained it will not be
too late to plant a considerable area of land with
spring crops, and
in the early summer some relief may be obtained.
But the losses
in live stock and in agricultural produce to France
during the
war have been so enormous that to
repair them in the course of a
few months would be impossible.
It is desirable, therefore, that
before the last opportunity for sowing for this year’s harvest, is
lost, the warriors of 1870 will have returned to their peaceful
was
avocations.
The horrors of the French Kevolution
minds of many, and
are
still uppermost
The re?>orted
a rise.
90 days.
52*@52*
3 months. 26.88* @26.87*
Milan
Genoa
and have apparently no faith in
capitulation of Paris on Wednesday gave an impetus to
prices for the time, and, although the surrender has not been confirmed, it is
now looked upon as all hut accomplished, and probably the announcement of
the actual fact would not stimulate prices much higher. Consumers of cotton
continue to supply themselves freely, and have paid full prices this week, hut
there seems to he rid speculative excitement whatever at present about the
Liverpool market, which is entirely under the control of spinners. The receipts
at the ports continue large, and the weekly shipments are ample.
The im¬
ports are freely offered for sale as soon as they arrive, and, indeed, are often
sold before arrival, so that consumers need not have the slightest fear of any
scarcity of cotton for many months to come. Both spinners and manufac¬
turers are so well engaged that they can dispense with fur'her business for a
few days without making any reduction in their prices.
Since last week there
has been less pressing for early deliveries, and manufacturers who have sold
buyers pay an advance with great reluctance,
30*
49* @49*
Cadiz.........
Lisbon
Assembly, and which might again lead to the horrors of 1792,
But the Parisians have of late shown more good sense; the
extreme Republicans are not popular, and any attempt at dis¬
turbance by them will, in all probability, be frustrated by the
energy and determination of the middle class. It is, however, but
natural that- much anxiety should be felt regarding the future of
France, and the success which will attend the establishment of
another Republic.
1 1
A fair amount of trade has been carried on in this country during
the week, and a continued absence of speculation has been appa¬
The dealings, therefore, have been of a strictly legitimate
rent.
character, and may be considered to have been attended with a fair
average profit.
The effect of the probable termination of the war
has been to give a healthier tone to business, but not to lead to
any natural increase in tlie volume of trade.
The following com¬
mercial report relates to Manchester:
124.25
44
14
@30*
BATS.
'11 17
13.07*
3 mos.
•
....
St.
»
44
Ik
13.l0ii@l3.30X
25.60 @27 50
it
....
EXCHANGE ON LONDON.
BATS.
TIME.
ON-r
[February 11, 1871.
CHRONICLE.
THE
174
in the
and the condition of tlie
consequently, have shown
more
disposition to operate, and as there is every probability
of France becoming a large customer, both here and in the
larger producing markets, the quotations are somewhat firmer.
An advance of about one shilling per quarter in prices has been
established, and a greater improvement is expected during the
next few weeks.
Regarding the growing crop the accounts so far
are not very encouraging.
In many places the plant looks yel¬
low and somewhat unhealthy, but if a seasonable Spring succeeds
so seasonable a
winter as we are now enjoying tlie check tlie
growth of tlie plant is now experiencing will prove of great ben¬
efit. An agricultural report from Yorkshire states that tlie present
is a very trying season for the farmer.
Since the end of Novem¬
ber, what with heavy rains, floods, and the long frost, all agricul¬
tural work has been at a stand.
The scarcity of food from last
year’s drought caused farmers to graze their seed fields late into
the autumn, and but a small breadth of wheat was sown, and
which, where now exposed, looks very yellow and sickly, and
where in the low country it has been flooded lias perished alto¬
gether. Tlie turnip lands have been husbanded by recourse to
Severe weather has again visited us,
Wheat has greatly improved.
Millers,
cake and linseed cake during tlie storm, but more sprirg
wheat will have to be sown than for many years.
The following statement shows tlie imports and exports of
corn
coroal
produce into and from
the United Kingdom for last week,
compared with the
and since the commencement of the season,
corresponding periods in lPGfi-’TO
-1870.
Wheat..
cwt.
Barley.-.,...
10,388
46,308
0;;t8
Peas
Beans
Indian
560 317
com
Flour
16,428
4,219
4,067
72,659
139
216
60
36,111
29,263
7,157
SINCE THE COMMENCEMENT OP THE SEASON
Wheat
cwt.
Barley
-
Gats
Peas
.Beans
Indian
Flour
11,353,215 1163,122
3,639,415
19,534
3,993,746 373,0-5
388,238
28,664
626,489
corn
7,605,340
1,980,617
1869.
,
Imports. Exports.
4,87531,508
415,232
,
Imports. Exports
1,338,774
2,034
11
240
213
270,229
357,441
84,883
57,583
409,072
227,431
807
(AUG. 28).
20.788.446
3,354,853
5,074.129
681,557
•v 61,278
110,230
6,170
24,884
6,583
942
9.076,076
3,061,154
5,656
7,844
There has been a slight tendency to firmness in tlie money
market.
Considerable quantities of gold continue to be sent
away to Germany, and should a peace be arranged, there is no
doubt but that the export movement will assume important pro¬
portions. France, unquestionably, will ask for a large loan,-of
which a large proportion will he reserved for this country, and
Germany
may require additional aid.
The prospect is, therefore,
that money will become dear.
The course of political events, and not trade, will, however,
determine the rates during tlie next few weeks. The quotations
are as follows :
consequently the future of France is still
1870.
1871.
1870.
1871
regarded with anxiety and distrust. Tlie riots, however, which
Per cent. Per cei
Percent. Per cent.
4 months’ ba’k bills 8*@3^
have taken place in Paris during the investment, few as they have Bank minimum
3 @...
2
2*@-..
6 months’ ba’k Dills 3*@3* 2*@8
Open-market rales:
been, have, it is satisfactory to notice, been put down by the 80and 60 days’ bills 3 @... 2*@.. 4 ami 6 trade bills.. 3*@4
3 ft3*
bills
3 @3* 2*@..
National Guards, and it is hoped, therefore, that when
foreign ^ months
The rates of interest allowed by the joint stock banks and dis¬
matters cease to occupy these kinds of Frenchmen, and home affair8
count houses for deposits are subjoined :
demand their most serious attention and consideration, the
1870.
1?71.
party
Joint stock hanks
2
1*
of order and of peace will be sufficiently supported to
prevent al] Discount houses at call
1*
..2
2*
1*
attempts at senseless popular outbreaks. Tlie extreme party at Discount house* with 7 days’notice
Discount house* with 14 dayd notice
2*
1*
Belleville, headed by Flourens and other Red Republicans, will, no
The condition of the continental money markets is naturally
doubt, attempt to disturb the public mind by urging on the people
According to the latest advices, the following were
| uncertain.
he necessity ol the Communes which are to overawe the
Nationa^ | the quotations at the leading cities:
..
.-
..
..
xl
,
-B’krate—
1870.1871.
At
2#
5
4#
3#
5
5
2# 6
Vienna
5
6
Berlin
5
5
Franki«>rt. 4
4
4
Amst’rd’m 5
Paris
...
1871.
Brussels
Madrid
—
5
4
3#
3#
6
-
■
2#
4
5
5
Feb. 1—Str.
r-Op,m’kt—»
-B’krate—<
1870. 1871.
<-Op. in’kt-
1870.
1871.
1870.
St. Peters
...
6
5
Co.:
Pixley &
GOLD
d.
s.
Bar
Gold
do
do
fine
do
Reflnable
do
Total since Jan.
Same time in
1870
1869
1868
The
—
—
been
—
8
3
73
76
(Ct—
Gold dust
Feb. 2—Str. Morro
09-16
(last price)., per oz. standard. 5 0#
1
5 grs. g’d (last price).per oz. st’d. no price. (?f,— —
..per oz. 4 10%
(last price) peroz.
Mexican Dollars
none here,
Spanish Dollars (Carolus)
peroz
none here.
per oz. —
Five fra’ c pieces...
neroz
'Quicksilver. £11 to £12 per bottle; discount 3 per cent.
In the Stock Exchange, speculators have refrained from oper¬
@ 5
5
Bar Silver Fine—
do
do containing
Fine Cake Silver
$3,405,521
$2,932,693
3 214 379
7 149 331
Feb. 3—Schr.
—
Same time in
1867
3,190.309
2,827,804
3,253,070
Iftfifi
1865
the past week have
basco—
Silver
Queen,
$8,120
8,196
Castle,
Havana—
Silver bars
—
3,000
Cleopatra, Ha¬
Feb. 3—Str.
Gold
Feb. 4—Schr. S. S. Bickmore,
Turk’s Island—
Silver.^
...
Total for the werk
500
170,558
$194,774
Total since Jannarv 1. 1871
largely, owing to the crisis in political affairs, but as the
likely to lead to a peaceful result, the markets have, been
500
$24,216
Previously reported
Same time in
1870
1869
crisis is
$3,900
vana—
To-
Retorno,
_
—
—
ating
193,565
$1,423,699
1,981,822
Aspinwall—
d.
8.
#7,600
Gold bars
Silver bars
Silver
d.
38,376
12,500
follows:
—
*
s.
Liverpool—
imports of specie at this port during
as
30,000
Foreign gold
Foreign silver
1,500
515,000
1, 1871
Jan. 30—Str. Ocean
—
<a>-
83,696
93,000
Cabello—
Total for the week
—
n% <&-
251,259
Previously reported
—
Doubloons... do
doSILVER.
United States gold coin
South American
<a-
9
—
peroz.
Spanish Doubloons
o
77
77
77
peroz.standard,
-
Porto
American gold....
Feb. 4—Str. City .of Antwerp,
Arroyo, P. R.—
d.
8.
Tbos. Dallett,
Feb. 4—Bark
Liver¬
Gold bars
Mexican silver....
British gold
;.
American gold....
Feb. 1—Schr. S. C. Evans,
Hamburg
,
Russia,
pool—
Silver bars
3*
2)6
burg....
burg.... 5 8
5% 7
I
j
There lias been a good demand for gold for export, but silver
is rather quieter, the continental inquiry having been satisfied.
In the rates of foreign exchange the variations are not important.
The following prices of bullion are from the circular of Messrs
Turin
175
THE CHRONICLE.
11, 1871.]
February
$2,030,238
600,794
in
Same time
1868
1867
155,514
decidedly firmer in tone. ‘Prices have improved during the week,,
but not to any great extent.
The following were the highest and tIn®filroad
and Broad
Management
the last number
of the Chronicle,
under miscellaneous items,
lowest prices of consols and the principal American securities on
was published a circular of Mr. Rufus Hatch, of 17 Broad street
each day of the week :
(not the firm of Fisk & Hatch, as some newspapers have errone¬
Monday. 1‘uesday. | Wed’ay. Tku’ay Friday. Sat’day
ously stated), in regard to railroad management, land grants,
'I
and directed especially against the Chicago and Northwestern
9!% -92# 92%-92% 92%-92%
92%-92%
-92
92%-92%
%
mi
Con-*ols....
91
-91
Railroad. This circular was by accident not inserted under the ,
90%
o;
%
-91%
90%
90%-90%
90%-90#
90% -mi
U. S. v 20 V 1882
89
89 -91
-91
-91
89
89 -91
-91
89
-91
A 80
heading
“ Banking and Financial,” where it would have
if. S. 5- 208, 18-4.
90 -90% 9 %-....
90
89 % -89
89%-89% 89%-90
to all our readers in its true character, as an advertisement regu¬
U. S. 5- 20s, 188.5
-89%
S9%-39%
59%-89%
33%
88%-S9%;
8'% -88% 88%-89
U. 8. 5- 2g8, 1837..
89 -89% 89%-....
larly ordered and paid for. Asa consequence of this omission we
83#--88% *8#-8S% 88%-.... |39 -89%
U. S. 1( -108 1901
find that our position in regard to this circular, and others
AtJanti c & i’tWest.
28
-29
28%-29# had been issued
CD
-28
*4
27#-2S# 28 -29
C‘>ns< I’d not t.b’d? 27
by the same party, has been entirely
18%-18% 18%-18%
18%-.... 1~%-19% 1"% -39
Eric 8! arc ■*($190).. 18/8 -19
stood, and that we have been supposed to endorse their conclu¬
lliq-liOl
res($100) 110 -11'* 1094-111% 110 -111 110* not no*-
Street Circulars.—
&c.,
"
appeared
...
,
“
.
.
.
•
..
which
misunder¬
contained in them, an
1
lllMjoi®-
>1
sions, or at least to approve of
inference which is far from the
the matter
truth. The most that.we have said
Morgan have issued to-day the prospectus of a loan of
at any time in regard to various circulars and pamphlets
£500,000 in 0 per cent, bonds for the United Canal and Railroad
to time in Wall street for speculative purposes, simply
Companies of New Jersey. The bonds are issued at 92 per cent. from time
The prospectus states that it may be mentioned as an evidence of amounted to this—that it seemed hardly fair to consider the publi¬
the value attached in the United States to this property, that the cation of a speculative circular per se a dishonorable
Pennsylvania Central Railroad Company lias recently offered to and that only when there was misrepresentation or
lease it in perpetuity, paying, in addition to the interest on the facts were these publications calculated to do harm
debt, a dividend of 10 per cent, per annum to the holders of depreciate the value of property. It appears, however,
upon
the common stock of the Companies.
This proposal is now un¬ hostility of leading bankers to these circulars is
tlie very exception which we have made—namely, that
der consideration.
contain false or garbled statements which are calculated to
The principal secured by the bonds is made payable at par in
1894, and the coupons for interest, at the rate of £6 per cent, per deceive parties not familiar with the true facts. It
most impossible for us to go through every pamphlet,
or
annum, will be made payable lialf-yearly, on the 1st of Septem¬
ber and 1st of March ill each year ; the first lialf-yearly payment hand-bill issued on the street, and sift out minutely the truth from
will fall due 1st September next.
All payments will be made in the error, but we most heartily concur with all respectable men
London, in sterling money, clear of all taxation in the United condemning every false or garbled statement made in
writing or verbally, for the purpose of damaging the true
States.
Messrs.
issued
transaction,
concealment of
and unjustly
that the
based
they do
greatly
would be al¬
circular
in
print, in
°£
Imports and
Exports for tiie
a
by true state¬
management, direct attention
to
stockholders by officers and
directors, or can show where tlie general public is being taxed
enormously to support a monopoly, we think that much liberality
should be shown toward the efforts made to accomplish purposes
which
hardly be considered other than useful, whatever may
ments
Week.—The imports this week
general mer¬
large .decrease in both dry goods and
chandise.
The total imports amount to $4,051,870
show
this week,
the previous week.
$2,630,581 last week,
and $5,134,499 the previous week.
The exports of cotton the past
week
18,909 bales, against 14,027 bales last week. The
following are the imports at New York for week ending (for dry
goods) Feb. 3, and for tlie week ending (for general merchandise)
FOR THE WEEK.
1861).
1870.
AT NEW YORK
1808.
2,496,120
2,448,7 6
General merchandise...
,
$5,230,347
$5,047,004
Total for the week..
Previously reported.. .
$2,843,545
$2,734,227
$2,598,208
Dry goods
3,494,973
$6,338,518
13,956,817
15,356,187
13,505,613
can
be the immediate
Tlie
of
port of New
February 7:
York to
specie
foreign ports, for the week ending
EXPORTS FROM NEW
Previously reported....
Since Jan. 1
.
WEEK.
'
1871.
1870.
1868.
1869.
$2,678,180
$2,660,313
16,578,713
14,777,193
$3,461,230
$4,727,384
$19,256,893
$17,437,506
$18,136,556
$26,068,147
-
For the week
YORK FOR THE
21,340,763
14,675,326
of specie from the port
4* 1871:
The following will show tlie exports
New York for the week ending February
Jan. 30—^-Str.
Liverpool—
Froneh gold
P>. 11 isli gold
British silver....’,,
Gold bars
./
Silver bars
American silver...
City of London,
Feb. 1—Str.
$7,800
14,040
2,900
3,700
138,348
Tybee,
of
$38,991
Porto
Plata—
,
American silver...
Feb. 1—Str.
doing it.
Rapids
and'Minnesota Rail¬
rail between
Railroad
170;
$18,552,617
$20,586,534
$20,295,335 $25,588,906
report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of tlie exports (exclusive of
our
from the
Cedar
road.—The completion of
Since Jan. 1
In
object of the party
Burlington,
this road was accomplished on Jan. 26,
the construction having been carried out with great energy. The
completion of this link shortens the distance of all
St. Louis and St. Paul fully 100 miles, as follows: St. Louis to
Burlington via Rockford, Rock Island and St. Louis
to
Monmouth, and Chicago, Burlington and Quincy Railroad from
1871.
Monmouth to Burlington, 200 miles; Burlington to Cedar Falls,
$1,475,634
3.176,242 Cedar Falls or Waterloo to Austin, 80; Austin to St. Paul, 100
miles—Total, 550 miles. We learn that the Company has made
$4,651,876 favorable arrangements for freight and passenger traffic
20,937,030 Chicago, , Burlington and Quincy" Railroad Company,
were
FOREIGN IMPORTS
gross abuse in corporate
violation of tlie rights of
some
some
against $9,705,704 last week, and $5,590,534
The exports are $4,051,870 this week, against
Feb. 4:
value
knowingly give
publicity to any such matters in these columns.
On tlie other hand, when a person can show up
MISCELLANEOUS NEYYfc.
AP.UllEIt lA'L AND
a.u(] Kha.lL not
or
Rising Star, Aspimvall—
Amorican silver...
10,223
::
10,600
with the
which
arrangements will add largely to the profits of tlie Burlington,
Cedar Rapids and Minnesota‘Railroad, as well as increasing its
traffic receipts. The Chicago, Burlington and Quincy Railroad
Company has further agreed to set aside 40 per cent of the gross
earnings realized from the business with the Burlington, Cedar
Rapids and Minnesota Company for investment at par in the bonds
of the Burlington, Cedar Rapids and Minnesota Railroad Com¬
pany. Much credit is due to the financial agents of the Company,
Henry Clews & Co. of this city, who, spite of all tlie .monetary
difficulties of the past six months, have continued to successfully
dispose of the bonds of the Company so well that, it is now stated,
only $400,000 in all remain unsold. These bonds are 7 per cent
gold first mortgage bonds on a completed road, amounting to only
$20,000 per mile (which has cost $40,000 per mile), and are for the
present offered at the original subscription price of 90 and accrued
interest in currency.
The
New
York Ufe Insurance
statement of this
columns to-day.
Company.—The annual
popular company will be found in our
The immense assets of the company, $15,878,517,
large and
FISK & HATCH,
January 1, 1871,
it has met with
their lives.
It will be observed that this is the twenty-sixth annual statement,
and from the length of time that the company has been in opera¬
tion it may be concluded that its average proportion of losses from
the death of parties insured, is as great now as it will be at any
future time, an important fact which does not apply to
which have been in operation but a few years. The list of direc¬
tors includes a number of the most esteemed business men of New
companies
"Xork, and its officers, Messrs. Morris Franklin and William H.
are well known among the leading insurance men of the
Beers,
day.
Insurance Company (Marine.)—The
known company will be found in our ad¬
Tlie Orient Mutual
statement of this well
vertising colums, to which the attention of shippers is particularly
directed.
Tlie total amount of premiums received during the year
1870 was $1,056,851 ; losses and expenses were $492,594; total
assets Dec. 31, 1870, $1,827,418.
The Orient includes among its
Bankers and Merchants,
its esteemed officers, Mr.
Eugence Dutilh, President; Mr. Alfred Ogden, Vice-President;
trustees many prominent shipping men,
and continues under the management of
and Mr. Charles
Irving, Secretary.
Henry Clews & Co., 32 Wall st.,
N.Y.—
Deposit accounts can be opened with us in either Currency or
Coin, subject to check without notice. Five per cent, interest will
he allowed upon all daily balances.
Checks upon us pass through
the clearing house as if drawn upon any city bank.
of
The Six
Company have an established character which renders .them
especially desirable for investments.
They are based on one of the most important and valuable rail¬
road lines in the world, fully completed, amply equipped, and
already earning large revenues, which must increase enormously
with the growth of the country it traverses and the development
of trade with Japan, China and Australia, a large portion of which
must find its way across
We issue Circular Letters of Credit for travelers, available in
the American continent.
Five-twenty Bonds (which are liable to be funded at
a low rate of interest within a short time) may exchange them for
Central Pacific Bonds, hearing the same rate of interest, and save
from 15 to 18 per cent, for reinvestment, while their security
Holders of
remains
They
several
as
reliable
before.
as
are dealt in at the New York
of the more important Bourses
Stock Exchange, and at
our
Exchange, make collections, receive deposits subject to check at
sight, allow interest on balances, and do a general Banking busi3
HGS8
FISK <fe HATCH.
all parts
of the world ; also Commercial Credits.
We make tele¬
graphic transfees of money to any distant point, and transact
every description of foreign hanking business.
We draw Bills of Exchange in sums from £1 upwards on
The Imperial Bank,
} T
,
Messrs. Clews, Habicht & Co.,( L'onclon-
Deposit payable
on
date, bearing interest, and available at all
demand
or at
O I V
fixed
money centres.
also Gold and Exchange.
Advances made to
our
dealers at all times
on
approved collater¬
als at market rates of interest.
Collections made in any part
BANKING
J at
$5 00
HxpreesCo
5
o
dem.
deni
Feb. 15.
Feb. 13. Feb. 7 to Feb. 13.
on
Feb 8.
M r. 1. Feb. 17
o
Mar. 2.
Friday Evening. February 10, 1871.
Money Market.—The extreme ease in money previously
The bank
of the funds
“
L'O.
<V
Books Closed.
noticed has still continued, until loans have been made as low as
3 per cent, on
government collaterals.
state¬
ment of
Saturday, 4tli inst., was favorable, particularly in
the gain of legal tenders, and indicated the release
locked up” some ten days before.
The returns showed an inr.rpafcA of $500,407 in loans,
a decrease of $1,186,872 in specie, a
decrease of $84,213 in circulation, an increase of $4,282,930 in
FINANCIAL.
NEW 7-30 GOLD LOAN.
Mnocno.
When
P’able.
on
Miscellaneous.
Merchants’ Exchange <te JNews Association
The
during the past week:
8
Washington cash
Sterling Fire
City Fire
Adams
it11c.
US.
Per
Cent.
Insurance.
New York Fire
of the world.
AND
1 1> K i\
a
The following Dividends have been declared
Company.
Orders executed for Governments and other investment secifrities ;
6 ftnk cx e’
vS. t) c
The Provincial Bank of Ireland, Dublin and branches
The National Bank of Scotland, Edinburgh and branches.
We issue Certificates of
We have
of Europe.
regular business upon the same basis as
Government Bonds, and buy and sell them as freely at current
market rates, and are prepared to furnish them to investors or
others at daily quotations.
We buy and sell Government Bonds, Gold and Coupons, exe¬
cute orders in miscellaneous Securities at the New Aork Stock
introduced them into
BANKING AND FINANCIAL.
—Banking House
Securities, 1
L
New York, Feb. 3, 1871.
)
Per Cent, Gold Bonds, of the Central Pacific Railroad
Bankers and Dealers in Government
No. 6 Nassau street,
remarkable growth
that prudent class of the community who insure
A. 8. HATCH.
FISK.
HARVEY
$6,569,716, and the
its receipts during the year 1870 amounting to
total amount now insured, as shown by its books
to be upwards of $111,000,000, all speak of the
of the company and of the great favor which
among
[February 11, 1871
THE CHRONICLE
] 76
an increase of $4,696,354 in legal tenders ; the net
result of these changes making Jthe banks $2,459,802 stronger
in tlieir excess over legal reserve —the whole amount of excess
over 25 per cent, of their liabilities being $18,632,785.
The comparative dullness in stock speculation is one cause of
the extremely low rates for money, as there is an unusually small
demand for call loans from that class of operators who have gen¬
deposits and
offer at par
the
and interest
Seven-Thirty Gold Loan
new
of the
erally seized
NORTHERN
PACIFIC
secured
RAILROAD
by first mortgage
on a
RAILROAD TWO THOUSAND MILES
and
LAND
GRANT
OF
COMPANY,
LONG,
on a
SIXTY-FIVE
MILLIONS
OF
ACRES,
being in all respects the safest, most profitable and
upon the periods of easy money to engage in specu¬
lative transactions of greater or less extent.
The larger amount of business during the week has been done
at 4 and 5 per cent., with exceptions yesterday and to-day as low
as 3 per cent., while on some old contracts 6 and 7 is still paid.
There seems to be every prospect of continued ease in the market
for some time to come, as there are not at the present moment any
indications of a largely increased demand for money, and any
turn in the position of foreign affairs can hardly be expected to
influence our market materially..
The following statement shows the present condition of the
associated banks, compared with the same date in the last two years :
Feb. 4,1871.
Loans and discounts
Specie
permanent security now in the market.
THE
PRINCIPAL
AND
INTEREST
are
PAYABLE
IN
GOLD.
For the fullest information address
Jay Cooke &
Co.,
$270,789,777
Feb. 5.1870.
$^64,514,119
20,238,573
38,997,216
31.704,129
Circulation
Net deposits
33,746,481
Feb. 6,1869.
$200,511,732
27,939,404
84,240,436
215.388.595
214,739,119
190,(02,899
Tenders
61,187,393
58,848,384
53.424,183
For commercial paper the demand has been good, with very
little paper offering.
Brokers report that they could easily nego¬
tiate a great deal more of first-class paper than they can now
obtain, and under these circumstances and the low rates for money
Legal
call, the fair quotable rate for first-class names is lower, and
may be given at 6(2)7 per cent.
The rates on second-class
paper are also lower, with comparatively little offering.
The
small demand for money to use in business enterprises is shown
on
by the unusually small amount of commercial paper offered for
At this time last year, when money was quoted at 6(27 per
cent., prime paper was quoted at 7(28.
sale.
Fiscal
Agents Northern Pacific Railway Co.
New York: Corner Nassau and Wall Streets.
^
Commercial, ilret class endorsed
“
“
“
“
“
60 davs
4 months.
....
Philadelphia: 114 South Third Street.
Washington: 452 Fifteenth Street.
“
“
“
single
“
Bankers’, first ‘class foieign
•
domestic
names
6 months.
per cent6 @7
7
7
@....
@8
60 days.
7 ©10
7X@12
go days.
6>$@ 7
7 @ 8
4to 6 months.
3 to 4 months.
United States
CHRONICLE.
THE
February 11, 1871.]
Bonds.—During the early'part of
the week the
business, but yesterday and to-day,
with increased purchases, prices have sharply advanced, and fivetwenties of 1867 are quoted at the close 110£@110±, against 1091last week.
Several influences have combined to produce this ad¬
vance in Government bonds.
In the first place the aspect of Euro¬
pean affairs is considered favorable to a permanent peace, and this,
in connection with the amicable negotiations now progressing
between England and the United States for the settlement of all
questions in dispute between the two countries, including the Ala¬
bama claims, has produced a more hopeful and settled feeling in
the financial markets at home and abroad than has been seen for
long time previously. A second and more immediate cause for
the advance is found in the action of Secretary Boutwell in adver¬
tising that subscription books for the new 5, 4^ and 4 per cent.
fundTng loan will be opened on the 6th of March proximo; the
market was strong on a moderate
a
effect of this announcement having been
the general impression that Mr
to strengthen prices under
Boutwell's efforts will be directed
towards bringing the price of five-twenties up to par in gold. As
to the success of the new loan, the more general opinion seems to
be that it has been placed upon the market prematurely, and that
the wiser course would have been to wait until our securities had
improved with the growing credit of our Government that a five
per cent, loan could be negotiated without difficulty at par in gold.
Whatever the result in the open market may be, it is to be hoped
above all things that no compulsory measures will be used to force
the new bonds upon the banks or other holders of five-twenties,
as no legislation could be more ill-advised than that which disre¬
gards the rights of parties who have entered into engagements
and assumed obligations relying upon the good faith of the
Government.
The demand has apparently been well distributed,
and sales have not generally been in large blocks; the German
bankers have purchased to some extent on small orders from
At the Treasury purchase of $2,000,000 on Wednesday,
abroad.
bids were made exceeding $7,000,000, but without causing any
subsequent weakness. A sharp demand for currency sixes, of
which the supply is quite small, has put the price up to 112$.
The following were the highest and lowest prices of leading
government securities at the Board on each day of the past week:
so
Monday,
Saturday,
Feb. 4.
■*118
113%
Feb. 6.
Tuesday, Wednesd’y Thursday,
Feb. 9.
Feb. 8.
Feb. 7.
Friday.
Fed. 10.
177
Saturday,
Monday,
Feb. 4.
N.Y.Cent&H.R
do
Harlem
Krie
scrip
Lake shore....
'Vahasli
Pittsburg
88% 89%
125%
21% 21%
do
Hook Islam
Fort Wayne...
St. Paul
d >
pref....
...
Ohio, Mlssissio
Central of NT.J.
Chic. & Alton..
do
do pref
Panama
C. & 1
<’ol.Chic.& I.C
Del.,Lack.,& V
Hann.t St. Jos.
do
pref
IlUn >is Centr’l
Mich. <"entral.
Morris <fc Essex
B..IIart. & Erie
Uni<>u Pacific.
Vest. 1 n. l el.
Mariposa pref..
Quicksilver....
98
94%
52%
....
75
pref
,
97%
93Y
52%
105
Northwest
....
84% 85
106% 107%
95
....
52% 5T%
74% 74%
34% 35%
101% 104%
117
934
88%
124%
214
0
83
IS%
93%
88%
122%
21%
98%
93%
86%
97
97%
133% 134
.
.
.
....
117
.
18% 18%
103% 103%
85%
86%
97%
•
.
2%
10
43
*8%
434
42%
46
Wells, Fargo..
39
67%
45
45
41
2%
19% 20%
9
43%
*41
104 11%
434
*67% 674
43
43%
*33
44
40
44
43%
44%
117
....
*118% 121
7-1
83
....
13%
Friday,
Feb. 9.
93%
89%
125
....
101
Feb. 10.
93%
90%
126
21% 22
98% 98%
98% 94
52% 52%
1034
75%
.
84%
106
95
53
S5
106%
-
....
53%
74%
74%
104
117
*119
“69
83
*18
102
86
104%
120 "
71
44% 444
*39
52%
94%
52%
95
95%
53% 53%
74% 74%
T5% 88%
194% 105%
U7% 117%
*120% 121
i8%
103
85%
97%
97%
*133
134"
133%
#
118
U7% 117%
89"
99
89%
*4
*2
2%
'2%
19% 20%
19%
45% 46%
41
94
12
19% ii%
12%
43
484
42% 43
67% 68
67% i.T %
44 4 45
444
44 4 44%
44% 41%
39% 41'
*39% 41s
....
94%
90%
126%
22%
98%
108% 1044
•5% 75%
85% 65%
106% 166%
...
*75
94%
90%
125%
21%
98%
94
*9-
...
89
*2
«...
in
*44
.
....
*117% 118%
20% 20%
20%
46%
94
.
97
134
•
89
2
....
82
....
133%
118%
...
70%
....
85
97
..
....
....
19%
46.%
9%
67%
*13%
b. 8
93% 93%
89% 89%
124Y
21% 21%
98% 99
93% 944
52% *2%
103% 104%
74% 75
34 % 85
1064 106%
944
53
53%
74% 74%
....
....
85%
..
F.
93%
....
18% 13%
103% 104
104
117%
88%
Feb. 7.
94
89%
89%
125
125%
21%
21%
98
93%
98%
93% 944
94%
52 4 52%
52
52%
*103% 104% *103% 104
74 %
74% 75
84% 84%
84% 85
106% 107% 106% 106%
95
94%
52% 53%
52% 53%
74
73% 74%
74%
35% 36
35% 36%
103% 104% *103% 104% 103% 104
117
*118
71
82
....
*1 >8
Pacific Man....
Adams Kvprss
Am. Merch. Un
(Tutted states.
*
94
125
Retding
Clev..U
93%
Tuesday, Wednesd’y Thursday,
Feb. 6.
....
....
70
*83% 34
18
103
86
....
98%
....
134
....
!!<% 117%
89
2
19%
45%
*8%
124
42%
67%
44%'
41
40
19%
46%
9%
13
43
....
45
444
This is the price bid and asked, no sale was made at the Board.
1870.
Central Pacific
$413,104
*524 iso
343*555
Chicago & A110n
Cleveland. Columbus, Cincinnati & Indianapolis
281,108
203,069
90,177
396,172
196,787
202,447
"270J48
Marietta & Cincinnati
Milwaukee & St. Paul
Ohio & Mississippi
Pacific, of Missouri
St. Louis & Iron Mountain
Toledo. Wabash & Western
Union Pacific
130 883
’**!.
396k00
245,981
212.005
126.218
92,181
257,663
528,529
365,174
*347,607
♦Approximate.
The Gold Market.—There has been some
speculative activity
theory which we have previously
European difficulties would lead to
important demand for export—a theory by no means encouraged
in gold based chiefly upon the
noticed that the adjustment of
an
from events which have thus far
transpired—and that a rise in the
premium would naturally follow. Upon this idea it is said that a
110%
clique recently operating for lower prices in stocks are now ex¬
1104
1114 111%
llo%
5-20*8,1865 “
109% 1104
109% 109% 1094 109%
109%
1003*
S-.’O’s, 1865 n “
pecting
a rise in gold.
On the other band the weight of opinion
5-20 S, 18'i?
109% 110%
‘
109‘4 1013* u>9% 109% 109% 109% 109% 109 4
with the foreign bankers seems to favor a lower premium, and it
109%
109%
5 20*8,1868
109%
110%
109%
110%
109%
“
1003/
109 % 109%
is supposed also that Secretary Boutwell’s efforts will all be shaped
109% 110
109% 110% 110%
109-4
10-40*8,
“
tii% iii% 111%
111%
111% 11'-%
*111% 111% 111%
Currency 6’s
so as to
keep down the premium for the purpose of equalizing the
This is the juice bid.and asked, no sale was made at the Board.
prices of gold and bonds. Exports of the week have not been
State and Railroad Bonds.—The list
of Southern State large.
At the Treasury sale on Thursday bids were made to the
Bonds has been comparatively dull, Tennessees, Virginias, North amount of $3,130,900. and nearly the entire $1,000,000 was awarded
and South Carolinas having been the principal features.
North to a leading stock brokerage house. Rates for carrying have
Carolinas, old and new, have advanced 2@3 per cent, under ranged all the way from 6 per cent, to- “ flat,” the rates to-day hav¬
reported speculative manipulations.
The latest repoits from ing been 2, 3, 3^, 4 per cent, and flat.
Alabama are very encouraging as to the prospect of payment of
The following table will show the course of the gold premium
interest on the endorsed bonds of the Alabama and Chattanooga
Railroad.
The Legislature appears to be decidedly in favor of each day of the week past:
Quotations.
action, which will maintain the financial honor of the State, and
losTotal
-Balances.LowOpenHighCurrency.
est,.
est.
Cold.
those best informed upon the subject anticipate that a resolution
ing.
ing.
Clearings.
1 IT %
$2,637,356
$56,859,0 K)
$2,319,245
111%
.111%
111%
Saturday, Feb
will be passed within a few days directing the immediate payment
112
1,952.395
.112
47,919,600
1,72",253
Monday,
“
111%
U2%
of the defaulted interest. The Pacific railroad securities have been TucmliVY,
1,54? ,036
31,720.000
1,371,997
111%
u?%
111%
.111%
Wedn’ilay, “
1.08.5,190
964,644
28,252,000
111%
111%
..111%
Hl%
Thursday, *
very strong 011 Centrals, which have advanced to 9o4@9?>.| on an
830,893
740.967
14,118,000
111%
111%
111%
..111%
Friday,
“
investment demand and purchases also by foreign bankers. Union
830,893
710.967
228,103,000
112%
111%
Pacifies have generally been firm, with Incomes as the chief Current weekr... ..111%
m%
1,619,673
218.631.000
1,437,180
111%
111%
..! 10%
110%
feature, prices closed as follows;
First Mortgages, 794{«)79f; Jan 1, 1871, to date. -110%
112%
111%
110%
Land Grants, 69?@70£ ; Incomes, 08(fi)69, and Stock, 19f(a)19£,
The general movement of coin and bullion at New York, in the
No further action is reported at Washington in regard to the
payment of interest, but it is expected that the committee will week ending Saturday, February 4, was as follows:
$1,423,699
In hanks Jan 28
$27,420,415 Withdrawn for export
report favorably to the roads.
Foreign imports
21,216 Gold receipts into Suh-Treas.. 3,527,0(2
The following are the highest and lowest prices of the most
26 233,573
Gobi paid out by Sub-Treas’y.
2,919,118 In banks Jan. 23
active State Bonds at the Board on each day of the week:
Receipts from California (ap¬
6*8. 1881 coup
5 <!0’s, 1862 coup
5 30*8.1861
“
.
.
.
nu%
*110% 110%
*1103* i:o«g
....
118%
1114
....
....
....
....
....
....
....
....
1134
1114 1U%
110%
no%
....
....
113% 1184
1114
110% 110%
....
....
113% 113%
1114
110%
110%
*109% 109%
1094 109%
109% 110
113% 114%
112%
110% 1114
11 %
•
....
....
....
....
....
....
....
*
t
_
1
'WS mm
OO 4
-rO-»
,
Sat u
6s Tenn..old...
6s
6s
Tenn, nea-...
N.Car., old..
68 N.Car., new.
6s Virg., old
6s S C, n, J & J
6* Missouri
....
TJn. Pac. 1st....
IT. P. L’d lit....
U. P. Income..
63%
*'-’44
25
59%
66
60
89%
79
*69
*64
*63
63
*47%
*4i
*
Feb. 6.
794
70%
70
63%
634
47%
•24%
*59% 59%
*89% 90
794
69
69%
67% 714
Tuesday, Wednesd’y, Thur sdav,
Fe
Feb. 7.
63% 63%
63%
47 '
25%
64
>
.
Feb 9.
"64
64%
8.
64
.
63%
63%
47% 43
....
•
•
•
•
•
•
•
•
59%
*89% 9-V
74% 79%
*70
‘70% 70%
•
•
•
•
59%
*89% 90%
79% 8)
....
*70% 70%
68
....
50%
26%
25%
65
64
50
*65
59%
65%
59 ^
90
90%
79% 79%
70
63%
....
....
asked, no sale was made at the Board.
Railroad and Miscellaneous Stocks.—There has
*
[
....
62%
Monday,
rday,
Feb. 4.
63
This is the price bid and
Friday,
Feb 10.
64
64%
976.161
proximate)
.
64% 64%
50
50%
28
28%
*65% 65%
59%
90%
79%
The
following
70
.
.
*68% 69 ‘
.
been but
bank. $31,184,331
witb-
185,606
drawals, &e
the quotations in gold for foreign and Ameri-
are
can coin;
American
gold (old coinage)
premium.
$4 86 (5) $ I *9
"4
....
....
$31,369,940 i
Total known supply
Total withdrawn and in
Excess of supply over
Sovereigns
Napoleons
German X thalers
Prussian X thalers
X guilders
:—
..
Spanish doubloons
..
i). c.
3 86 <$ 3 90
7 90
@ 8 !0
3 90 & 4 03
7 75
7 95
<g)
16 40 (5) 16 60
American silver (new)..
Dimes and halt dimes..
—
95%(fft
—
—
91
<<a
—
96%
95%
Five.francs
—
95 (<])
—
—
19
96
Francs
—
Prussian thalers
Specie thalers....
Mexican dollars..’
(<o
19%
4 75 «H 4 85
English silver
—
69%(3)
1 04 ($
......
Spanish dollars
Patriot doubloons
American silver (old
15 50 @ 15 65
coinage)
1(5)2 p. c. premium.
Time
the exports were 1,037,914 bales,
1 03
O)
—
70%
1 06
1 03%
2(5)3 p. c. premium.
South American dollars
par.
activity in the stock market, notwithstanding the extreme
ease in inone}', and it seems evident that the strong speculative
Foreign Exchange.—Rates have oeen very firm all the week
spirit which has characterized the dealings in stocks in times past,
and
hardly varied from 109|@1094 for bankers’ fiO day sterling.
is now wanting.
Either the confidence of outside buyers has been
To-day
a leading drawer was offering short sight bills at a frac¬
severely shaken, or else the cliques of prominent brokers and
tional decline from previous rates, but this was regarded as quite
speculators in the street fail to have the same power to combine
and not as an indication of any weakness in the
and put up prices, which they formerly had.
Prices have been exceptional
Commercial bills are scarce-and are selling very close to
firm and steady, showing a slight advance on most of the leading market.
favorites, and a larger advance on Ohio and Mississippi, and Han¬ best bankers. Cotton bills have not been very abundant, and
nibal and St. Joseph.
Union Pacific closes at 194 against 19 last indeed these bills except as they come through the Southern
week, having sold in the meantime up to 20f. Lake Shore was banks, are not now seen here in any large amounts. Our own
affoefed favorably by a report that the earnings for the months of bankers also purchase them largely in the Southern cities. Cotton
December and January were $370,000 larger than in the same exports of the week have been 95,982 bales, producing $5,96(1,000
months last year, though it does not appear that this report was in gold, against 64,188 bales in the same week last year, producing
official. The earnings of leading roads so far as reported for the $6,055,000 in gold. The* total imports of cotton from Sept. 1 to
month of January are given below and compare very favorably date have been 1,504.993 bales, which, at 15c. per pound and with
with the same month of last year, showing an increase in every gold at 110, would amount to $94,404,700 in gold; in the same
little
case.
The
following
were
the highest and lowest prices of the active
on each day of the last week:
list of railroad and miscellaneous stocks
last
season
which produced
$99,450,000 in gold, taking cotton at 25c. per lb. and gold at 120
of the case, these results are only approximate
From the nature
109
commercial
Paris (bankers).v..
Antwerp
....
Swiss
Amsterdam
Hamburg
Frankfort
Bremen
Prussian thalers
House
Receipts.
Total
*736,000
334.000
352,000
355.000
459.: )00
496.000
71%@ 72
Custom
at tile
79
72%<<?)
80
Balance, Feb. 3
Payment during week.
$65,183,638 00 $15,410,847 81
2,890,022 87
4,413,6S3 22
Balance, Feb. 10
$62,293,615 13 $10,997,164 62
72%
....
City
Tradesmen’s
600,000
Fulton
Chemical
300 000
Merchants’Exchange.... 1,235,000
1.500,000
800,000
600,000
200.000
600,000
Seventh Ward, National.
500,000
National
Butchers’
Mechanics and Traders’.
Greenwich
Leather Manul. National
6.078,411
482.612
3,011 518
62,272
3,306,061
2.391.700
1.999.300
592,204
51,300
30,800
443.990
4S6.776
251,900
195 7(0
301,67 2
52,787
849 233
2,929
262.018
169,098
493,000
1,105.700
955/00
985,582
3,113,698
1,287,523
22
2,000,000
Commerce
5,000,000
10,000,000
4.226.701
10,740,500
21,760,155
Broadway
1,000,000
5,961,390
2,284,257
3.651.300
1,947,610
178.3 0
8,071
105,300
5.214,407
1,767,324
1.982.300
1,56 >.020
274,400
State ol New York
American Exchange
1,090,000
1,000,000
Ocean...
Mercantile
Pacihc
422,700
2,000.000
Republic
450,000
Chatham
412,500
People's
North American..
Hanover
Irving
Metropolitan..
1.000,000
1,000,000
500.000
2.730.800
2.228,103
4,000.000
10,778,041
1,51-1,939
2.115,817
2,S93,0( 0
400,000
1,000.000
1,000.000
1,000.000
Citizens
Nassau
Market
St. Nicholas.
Shoe and Leather
Corn Exchange.
3,742
166,600
178,439
40,059
73,341
118,600
62.100
24.700
Grocers’
North River
East River
053,977
1,099,517
350,000
966.900
Manufacturers & Mer....
Fourth National
Central National
500.000
5,000,000
srMSB^ftoSsf.'
1,000,000
500,000
1,000,000
3,000,000
First National
Third National
New York N. Exchange*
Tenth National
Bowe^v National
New York County.......
German American
Bull s Head
300,000
1,000,000
250,000
290,000
1,000,000
200,000
Stuyvesant
.00,000
Eighth National
Americau National
250,000
200,000
Eleve ith Ward
500.00C
200,000
Germania
Manufactures & Builders
100 000
Capital.
Loans.
$750,000
1,500.000
$1/22,913
2,852,240
3/26,635
1,999/09
1/04,182
2,311.258
Inc..
Dec
Dec.
7 oans
Specie
Circulation
The
235,OCO
801,090
1,180,612
2.099,326
821,274
.3 8,819
1.711.400
1,197.000
2 527,0( 0
453.700
463.400
502.000
714.0(0
1.912.800
1,060,120
1,314,520
646,891
379.700
216,490
418,020
172,691
2/13/00
4,209,355
360,000
27.143
98,447
705,200
501,710
1,079,187
36.355
978,357
312,904)
1,915
11,000
2,800
274,500
2,900
677
1.177.400
159,800
1,165,700 2,855,400
14.320,500
9,526,010
3,686,10 ■
2,835.000
10,619,200
18,215,451
553/29
1,005,6.28
577.0; 0
v)
4,216,200
1.150,700
8,281,400
1,057,344
917,7< 0
2,727,160
700.000
266.500
905,600
225.000
179.500
233,090
1,642,890
5.355
456,213
507,068
770,940
709,807
792,000
1,015,504
3,097
‘
6,407
2,228
36,636
250,0 0
445,140
3,700
4 /00
,»t»,nOO
40»),3VU
1.304.OX)
1,059.400
1,003,0! 0
2,732, 00
526,715
758,970
2:0/8)
358,1 ;o
815/00
1,0)5,661
142,000
following are the totals for a series of weeks past:
27 420 445
32 049.804
31.988 274
31 818.842
Deposits.
$202,038,825
213,403,774
211,690,030
211.105,665
26,233.573
31,764,129
215,388.5.5
Circulation.
Specie.
Loans.
$26,358,191
28,990,404
Jan. 7.... $265,578,827
Jan. 14.... 269,211,022
Jan. 21.... 270,851,191
Jan. 28.... 270 280 370
Feb. 4... 270,789,777
28/20/95
$32,114,718
Philadelphia Banks.— -The following is
ot the Philadelphia National Banks for the
Legal
Aggregate
Tenders.
Cleaving*).
the
49. .74/57
49.491.039
54,187,593
average
Banks.
Philadelphia
North America
Jarm rs aiul Mech.
Commercial
Mechanics’
Bank N. Liberties.
Southwark
Kensington
Penn.
Wes ern
Manufacture!s’....
Bank oi Commerce
Girard
Tradesmen’s
Consolidation
City
Commonwealth....
Corn Exchange....
Uni n
Fi s(
Third
Four h
Sixth
Seventh
Loans.
Specie.
$1,500,000
$5,117,00’)
$115,000
1,000,0(H)
500,000
250,000
4,050,043
5,006,441
2,346,000
2,325,((00
2,402,000
1,358,056
250,000
1,12 -,426
2,000,000
810,000
800,000
1,368,388
1,386,800
1,681,000
816 886
55,922
186,349
16,600
29,550
4 000
30,168
4,810
4,000
3,079
500,000
400,000
570,150
250.0 0
1,000,000
200,000
300,000
3,723,000
1.469,355
1,181,491
15,051
48.00 )
4.974
10/00
400,000
1,176,115
in,197
300.000
500,000
300,000
1,000,000
300,000
200,(00
922/83
1.612,000
1,348,000
3/53,000
1,000,6:10
150,000
6S0,G49
531,000
250/00
911,000
....
65,000
6,6(0
98,000
63,0 0
72,000
1,020.576
1.613,464
699,000
414,0*0
576,000
3-39,032
287,000
207,010
268.611
365,000
256,930
681,000
390,857
244,355
4,461,497
1/90,000
3,355,251
1,141,4* 1
3,216,443
First
1,500,000
6(X),(XX)
2.0(X).(XX)
150.000
1,(XX) (XX)
Second (Granite)...
J
$1,000,000
788,400
709,241
612,900
Traders’
Tremont
Washington
City
E^gle
Exchange
Hide & Leather
Revere
y.....
355,066
222,778
211,400
299,0(0
946/00
326,253
201,423
136,000
1/8.), 000
450,000
213,0(0795,060
262,474
178,000
135,000
219,833
819,232
5,038,608
2,935,726
1,750/86
1,917/37
3,712 238
3,017,048
4.053,866
99,783
410,100
351,497
376,629
,
280,176
*,606.230
175,737
186.836
750,242
3-9,029
450,932
783,644
126,966
1,067,624
740,799
925,603
593,280
359,168
978,531
610,138
1,047/' 0
682,823
174 021
64 s 551
589 526
417.117
815,566
2,495,445
710,580
107,238
96.240
1,130, 01
173.500
2/92
92*1,417
1,760,138
900,918
30,286’
337.612
488.854
9'8,462
580,590
781.220
510,300
715,911
1,513 3*'8
884,640
2 304/58
401,317
1,071.290
793.010
1,801,251
2 2,342
4 8 s.888
27,833
117.651
563,953
14,175
214,5(0
233,011
126,421
2*/.731
227.902
407.393
6,65 4
.
169,585
175,391
871,266
614/42
1,3! 1,619
19s.Hl
2,387/70
3/31,744
'*'71.161
565,821
818,737
613,999
541,815
416 847
2,473
571.478.
570/11
418:718
829,001
153.465
15,205
200,406
83,455
40,676
241.S71
1,802,691
199 233
S6 4 004
64,798
200/391
266.0S6
211,735
127.132
159.778
1,824,166'
28/50
29,810
118,29L
34,85G
24,83)
234.285
239.092
56,052
321,848
2(X),(XJ0
110,S55
798 571
426.174
821,232
795/ 79
718.207
390.000
ICO,(XX)
538,258
115,723
$17.5;50,000 $112/78,740 $3,406/52 $12,771,165 $17,857,984 $21,769,239
Total
The deviations from
the returns of previous week are as follows:
Inc. $880,111
*'CC. 301,924
Inc . 116,318
Loans
Specie.
Legal Tender Notes
The following are
6.'
112/78,740
'
12,655/5)
12.771,165
s,1*8/76
3,406/52
=
series of weeks past
a
Deposits. Circulation
46. 35, f>0
2)/9l/>"!
2 4.169,239
47,857,984
Legal Tender.
Specie.
Hi,6 -7,431
Inc..1,062,834
Inc.. 111,546
Deposits.
Circulation..
comparative totals for
Loans.
Date.
n 3*
•
SOUTHERN SECURITIES.
These
Quotations are of tlie Less Active
not Given on
are
Brices
Securities wliicli
tlie Next Page.
Bros. & Co., 14 Wall Street, and A. C. Kaufman. Charleston,
(Many quotations are necessarily nominal )
by Lawrence
North Carolina.
City
Alexandria 6s
Atlanta, Ga,7s
Augusta, Ga., 7s,
bonds
58
60
bds
.
—
65
65
68*
42*
bonds
Memphis 6s, endorsed.......
Memphis past due coupons..
Mobile. Ala., 5s, bonds ....
Ss,
“
...
.
Montgomery Ss
Macon 7s,
(Nashville 6s
Norlolk 6s
01
05'
65
82
80*
60'
60
70
70
• •
Richmond 6s
Wilmington, N. C.,6s
“
78
80
.Jetersburg6s
82
62
65
71
72*
“
(
“
00
,
“
“
& Char. 1st M., 7s.
North Eastern 1st mtg. 8s...
“
2d
4
8s...
“
3d “
b’s...
“
by State of Tenn
Memphis and ('bio
10?
“
“
S!)
63
1st. end
Income.
“
stock
Macon and Aueusta bonds
“
*•
•
“
endorsed
Augusta stock...
“
«
<
*
90
94
86
80
Orange. «fc Alex. A Man,
Va. & Tenn lsts 6s
ids 6s
4th, 8s
“
Rich. <fc l
lsts
14
2d
Norfolk
7s
.
44
*•
44
.
1st
“ 8s
iu.
Is
consoF, 8b
68
79
66
50
65
60
38
68
65
42
84
74 J
87
84
85
2d
44
2d
“
m.
8s
m
7s
m.
Os
ss
44
3(1 m
Fre’ksbV A Poto. 0
44
4
1
“
44
44
44
T\
79
76
84)
73$
81
85
74
81
821
82
mi
90
16$
76
SS
80
90
‘i9i
62$
...
44
44
44
65
77
64
13
85
..
,
Mississippi Cent. 2d
‘
...
3d m. 6s........
4th m 8s
Petersburg 1 m 8s
Pichm. & Petersl). 1st
isiana.
ii'
guartM 60..
m.
.
Mississippi and Lou¬
70
...
^outhside, 1st mtg. 8s..
36
.
50
70
90
80
tsie’d 6s.
Pie byont bra’h
44
33
.
45
65
83
..
an\
“
.
80
35
4th. 8s
lord. int. 8s
“
44
76
50
15
15
3c
....
2nds, 6s
3ds, 0s
“
40
2dm 8s.
& Tena
1st?
Virginia Central lsts, 6s
35'
74
..
4tts8e,.'...
44
...
Savannah, Albany.& Gulf 7t
bonds, end. by Savannah..
Pensacola & Georgia 1st m7s
“
,
85
....
2ds6s...
Sds Ss....
“
Georgia.
Southwestern Kti., 1st mtg
.
Alex., Isis 6s,...
“
94
54
56
.
0s.
“
Montgomery and Enialla 1st
8s, gold bonds, endorsed by
85
State of Alabama
53
Mobile and Ohio. 2 mtg, 8s
53
Selma and Meridian 1st m. 8s 53
52
52
Virginia.
44
86
90
66
51
stock
Cheraw & Darlington 7s....
)lue Ridge, 1st Mortgage
..
Tennessee.
East 3 cun. <fc Virgini.-. 0s, end
Alabama.
“
stock..
Sparten - burg and Union 7s,
guar’d by State S. G
Orange
84*
Ask
(
South Carolina.
iCbarh, Go!. & Aug let d.,7t
Railroad Securities.
41
IstM.,-8s...
S. C
91
li. & Ruth.IstM.end
“
73
8s
olontg’ry & West“P. 1st, 8s..
.!'•)
Wiimmgton & Weldon 7s....
72* Savannah
72
75
59
60
60
Lynchburg 6s
*•
58
71
80
70
70
72
78
Ch’leston, s. C , 7s, F. L.
Columbia, S. C , 6s
Columbus, “ 7s,bonds
Fredricksburg 6s
As’
|Pid
Seeurlt e*.
Atlantic und Gull stock
,806
231 000
227.985
57,906
4.185,962
4,898,342
1,203,470
4,570,290
1,500.000
Broadway
Feb.
2,041,016
2,693,088
2.(XX).(XX)
200,000
1,000 .(XX)
security
j
2,276,890
2,260,962
1,875,679
1,000,000
1,500,000
1.000, Olio
1,000,000
1,(X)0,<XX)
1,500,(XX)
1,4G6,(X)2
6,115
688,191
3(X>.(XK>
2.000,000
1,0 ;0/(XI
Third
Bank of Commerce.
Bank of N. America
B’k of Redemption.
Bank of Republic...
Union
Webster
2,606,393
1,594,611
'
,600 (XX)
215,335
215/47
227,601
114,825
726,399
1,294;000
157,000
6.320,585
3.83-4 429
Macon and
408,000
737,000
1,780,441
50,226
440,217
138,334
371,113
2,(XX),(XX)
447/96
678.4-56
334.963
8,238/75
Mount Vernon
New England
North
Ole Boston
Shawmut
Shoe & Leather
State
Suffolk...
1,171,046
698,429
2,164.000
1,069 062
941,033
1,125.398
18.166
3.000,000
2(H),000
1 (XX),000
1,(XX),0<X)
900,(XX)
1.000 000
1,000.000
Merchants’
474,750
459,000
2,863.000
279.401
907.140
875.655
5-19,000
357,270
241,040
400.000
593,000
174,256
270,000
533,429
1/87.826
800 000
Massachusetts
Maverick
1,168,000
1,876,000
1,‘209,400
927/28
969,346
1,356/03
ai-l
349,667
136,437
92,714
124/62
41,647
45,479
14,802
607,549
50,000
13/97
132,667
160,145
58.649
condition
$3,696,000
3,030,117
35,951
8,667
356.006
11,800
L. Tender. Deposits.Circulat’n.
$1,403,000
563/36
581,5 0
1/38.117
2,030.617
Total net
Capital.
1,221.364
136.073
1 915.247
week preceding Mon¬
day, Feb. 6,1871 :
312,833
800,<X>0
$501,440,900
513211,409
563,638,414
514,091.855
598,827,937
$40,031,410
50/75,911
72 471
1,000,000
$4,232,930
696,354
....Inc
....Inc
431.097
2,716,689
1,457,276
600.000
750,000
M irket:
of previous week are as follows:
Net Deposits
31,386
Howard
26,233/1331,764,129 215,388/95 54,187,393
1,186,872 Legal Tenders
34,213
12,015
1,000,000
109,863
460,490
1,190,293
823,665
Globe
Hamilton
294.100
273,287
76,217
13 440
761.845
296,(XX)
454,500
240,567
1,000,000
29.3.900
957.700
304,713
1,011,385
1,011,700
2,45.-),004
1,731.620
513,614
172.148
Faneuil Hall
Freeman’s
200.000
258,119
176/00
5,772,0(0
4.693.400
4,698,100
786,800
1
00,000
765,000
832,300
422,000
214,000
591,300
2,800
45,800
9,166
1,349,010
2,508,817
622,236
$159,983
115,480
1,000,000
888,200
'186,056
1,127,000
000,000
1.000,000
$4,397
63,643
18,151
11,061
15,149
63,500
71,000
.Eliot
Everett
870,090
1,584,300
2,782,176
1
Continental
574.(00
60,830
4,926,500
$509,401
5.901,249
1,000,000
500,000
Boylston
Columbian
161,424
361,000
359,028
1/00.000
Deposits. Circula
$731,999
$477,051
Sneeie. L T. Notes.
Banks.
1,131,086
448,300
1,299,306
2.374.800
1,314,371
1,815,000
give a statement of the Boston
Clearing House, Feb. C, 1871:
we
Atlantic
779.700
282/30
4,650
mm
The deviations from the returns
8,491,150
1/>2,10(>
233,807
2,180
210,600 1,870,000
83.970.200 270,789,777
Total..
6,901,251
4,656.5(0
2,463,0 0
574.497
160,900
8,873
1.566.800
17,602/00
10,528,000
1,920,70-
775,467
139,922
3,946
514,200
740,100
849,900
5,735
62.700
186,691
96,00)
7 165,400
8,100,600
1/28,790
5.2S6.030
23,000
187,993
1,435,231 1,720,065
2,716,1(0
1,500.000 3,430,0! 0
2.604.100
1,000.000
2,000.000 4,385,303
Continental
2,197,900
750.000
Commonwealth
300,000 1.405.100
Oriental
400.000
1,551 680
Marine
1,006,'32
300.000
Atlantic
Importers and Traders’.. 1,500,000 10,219.700
2,000.000 16.056,501
Park
500,000 1,012.100
Mechanics’ Banking Ass.
300.000
400.000
90-9,000
785,035
477,500
4,700
811,639
128,200
5,935
4,000
287,199
9,970
3.00,432
636,279
236,581
859,933
819.837
1,318,782 4,396,59)
1,912.000
Banks.—Below
Boston
National Banks, as returned to the
827/68
582.900
3.6.900
142,884
911,403
183,862
476,606
Increase
...
1,050.342
192/71
2,072.836
240,500
589/00
800,000
32,000
Increase
Increase
Legal Tenders
Deposits
.*-.
632.250
..
Circulation
Atlas
Blackstone
Boston
4,122,383
2,447,755
1/.96.660
1.837.800
1,861 200
634,0(0
1,807,000
1,259,000
145,000
20.463
30,548
Increase..
The annexed statement shows the condition of the Philadelphia
Banks for a series of weeks :
Date.
Loans.
Specie. Legal Tender/ Deposits. Circulation
$1,071/28
$38,660,403
$10,813 2*2
$12,653,166
Jan. 2
$51,861,827.
1,465,341
13,005,116
40,270,35 4
10,812’<)8’>
Jan. 9
51,827,125
1,316,800
40,341.309
10>06« s
13,013,120
Jan. 16./.
51,151,660
13,07 ',754
40,492,258
10,809 795
1,026,951
Jan. 23
52,717,262
835/18
13.3(2.922
89/2', 6M
10/2 >4:8
Jan. 3*!
52,386/18
866,106
13/46,781
40,397,217
10.S42 926
Feb. 6:
53,018,868
Loans and
Legal
1 CirculaNet
Capital Discounts. Specie.
tion. Deposits.Tenders.
f 9.'3.H0
$3,000,000 $10060.390 $1,318,600 $892,000 $10,324,640
1.319,80(1
653,900
9,800 ' 6,068,900
2,050,000 5,518,800
1/56,7(0
877.800
4,959,0; 0
1,438,300
6.S06.200
3,000,000
37 .400
511,820
5,572,5(0 2.178,2(0
2,000,000 5.713.700
924.100
4.283.800
642,200
474,000
2,6.71,600
1,500,000
2,073,331
1,410
6,270,859
1,4 10,184
3,000,000 7,0sl,126
067,842
781.881
503,260
3,344.776
l,800,j00 4,214,150
75,000
4,092,438
1,000,000 5,701,512 1,586,899
691,185
128,649
767,839
1,919.128
i,000,000 3,186,695
501.175
192,360
1,568,252
2,048,102
Mechanics
Union
America
Phcenix
Increase
Specie
Banks.—The following’ statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business
on Feb. 4, 1871:
AVBRAGJt AMOUNT OF
>
Merchants’...
2,160,000
220,000
Capital
New York City
Banks.
New Yo*k
Manhattan
1,000,000
154,000
Loans
House and Sub-
$6,150,425 06 $2,890,022 87 $4,413,683
9,260,422 78
Republic..
213,000
578,000
412,W0
52,000
17,000
1,306,
$15,909,150 $53,018,868
$866,106 $13/46,784 $40,397,217 $10,842,926
The deviations from last week’s returns are as follows:
:
$3,175,218 73
62,008,419 27
$2,712,000
'.
®
36% ®
41%®
2,649.000
Total
-Sub-Treasury.
Payments.
Receipts.—
Gold.
Currency.
Gold,
Currency.
$528,549 31
$580,330 31 $1,042,366 54
f825,683 18
350,967 64
114,075 GO
186,894 67
427,308 25
259,721 34
268,967 59
262,207 22
452,654 87
293 628 05
262,312 42
391,747 09
3,314,626 10
383,227 79
139,178 17 2,536,486 26
499,497 77
444,330 62
1,063,122 55
1,423,138 97
578,327 57
Custom
Wednesday,
Thursday,
Friday,
36%
41%
79%
',9
4...;
6....
7....
8....
9....
10....
Security
36%
41%
41%®
follows
@
5.12%@5.13%
.
36%@
for the week
®
903,000
275,000
750,000
Eighth.....
Central
Bank of
5.07%@5.08%
5.06%@5.C7%
41%@ 41%
„
The transactions
Tuesday,
@ 109%
®
5.1x%@5.12%
41%® 41%
Treasury liaYe been as
Saturday, Feb.
Monday,
3 Days.
110%® 110%
60 Days.
109%® 109%
London bankers
[February 11,13? 1.
CHRONICLE.
THE
178
conv
....
-
.
85
82
94
’85
99'
...
78$
7s
-C;6b
884
QUOTATIONS OF STOCKS AND BONDS.
GENERAL
Bonds given on a Previous Page are not Repeated liere. Quotations are made
Wliatever tke Par may toe. Southern Securities are Quoted In a Separate hist.
Stocks and
Active
Tlie
Cent Value,
STOCKS and
Bid,1 Ask.
securities.
!
York Prices.
New
Gold Coin..
American
m*iu%
•
STOCKS AND
RAILROAD BONDS.
'
79
Iowa, 1st Mort
& Chicago Ex ended . 97%;
94
!
Galena & Chicago, 2d Mort...
975*1
Chic. R. Island & Pacific
Morris & Essex, 1st Mort
(101
do
do
2(1 Mort
I 95
Cleve. & Tol. Sinking Fund ..! 99
& So.
in
Galena
GOVERNMENTS.
previously quoted.)
6s, 1881s rey..
6s, 5-208, (1862 rey
J S
(i86 0 rey
5-203, (l-8o) rey
6s 5-208,
Tennessee
6s, old
do
do
.. —
new
108
107
10‘iGSTAi'E 'BONDS.
bonds....
64%
64%
64
G4%
65% j 65* [
Virginia6s, old .......
61^ f 61%
.Li
do new bonds
do
do registered old....! 49% o0%
do
do
• do
1866...
,
18'j<...
do
do
do
Bid. Ask.
SECURITIES.
|L
(Not
6s
.....
6« 5-209, (186d, new) rey
6s, 5-203, (1867) rey
6s, 5-20S, (1868) rey
5s, 1874,
5s, 1874, rey
5S’
179
CHRONICLE.
THE
11, 1871.]
February
81%
New Jersey Central, 1st Mort;
2d Mort.
do
do
99%
new bds.
do
do
Pitts, Ft. W. & Chic ., 1st M.... 102
2d Mort. 96
do
do
3d Mort. 92
do
do
do 8 p. c. eq’t bds
do
Clove. & Pitts., Consol. S. F’d. 80
100
do
do
2d Mort
97
do
do
3d Mort
79
do
do
4tli Mort
Chic. & Alton Sinking Fund.. my
do
do
1st Mortgage...
94
do
do
Income
Ohio & Miss., 1st Mortgage.... 97% ]
do
Consolidated.... 86%
Dub. & Sioux C., 1st Mort
90
81
98% Hartford
Boston.
& Erie, 1st M. (old) 7
do
IstM. (new) 7.
do
Old Col. &
do
....
98
♦
t
^
«...
...
*
7, ’86 87%
43%
t
t
104%
i%
....
97%
87 * (Fitchburg
do
do
l*i
139
140
151
_
88
bonds
new
24%
do
6s
do
7-30s
Ham. Co., Ohio 6p.c.
do
do
7 p.c.,
I
ongbds.
—
.
1
.
•
•
•
92%
...
91
.
.
93"
.
98
88
93
139% 140
28%
27%
Cincinnati.
136%1
.136
Lafayette!
& Lawrence
(Indianapolis, Cin. &
92%
90%
ntral Ohio
do
preferred....
....
24
1st M., unend., 6, ’90.
2d M., endorsed, 6,’90.
1 to5yrs.
14% ( Covington & Cin. Bridge
do
7s,
Manchester
(126
95
Cin., Ilam. & D., 1st M., 7, 80...
do
7s, endorsed.
9-i% (Peninsula RR Bonds
do
do
2d M.,7,’85...
j — 120
7s, Gold—
87% 87% Nashua & Lowell
do
50% ~0*i St. L. & Iron Mountain. 1st M.
of
Northern
New
do
do
3d M., 8,77...
Hampshire. .1 —
102%
North Carolina 6s, old ...
& St. Paul, 1st Mort.
42
39%
93
I
Cin.
&
&
L.
88
Indiana,
1st
M., 7
'Ogdens.
Champlain
(
do Funding Act, i860. 31
do
do
7 3-10
do
do
siy'
10S%T08%i
do
do
prof....
do
do
2d
M.,7,1877/.
92
)
do
do
1S68
92%
1st Mort..
do
do
28 I
28
95%;
'Old Colony & Newport
87
& Xenia, 1st M., 7, ’90.
do
do new bonds
I. & M. d
do
do
....,
121
121%: Colum.,
20% 21 I
Port., Stico & Portsmouth
do
do Special Tax
Dayton & Mich., 1st M., 7, ’81..
2d M
do
do
75
75
do
do
2d M.,7,’84..
; Rutland
| 45% 45%;
South Carolina 'S.........
do
preferred
'.
do
do
3d M.,7,’88..
do
do
new bonds. ... 59%! 59%' (Marietta & Cin.. 1st Mo
I
61% Chic. & Milwaukee'lst
.Milwaukee'lst
Mort.
61%
61V,
(
&
Canada
103%;
Vermont
do
To’do
dep.
bds,7, ’81-’94.
do
do
April* Oct... 90%
104%;
'
(1
Joliet & Chicago, 1st Mort..
Vermont & Massachusetts.,... “6"
Dayton & West., 1st M.,7,1905.
Missouri 6st\
89%f
Chic.
&
Gt
Eastern,
1st
Mort.
89%
do
1st M., 6, 1905.
do
Han. & St. Joseph.
do
& Ind.,
33% 83%
67
Uni. Chic.
Tiifl 1st
67% Col..
rtliir* At.
1st-. Mort....
Mnvfc
Philadelphia,
Ind., Cin.* I.af., 1st M.,7
Louisiana 6s
do
2d Mort
61%; 62
do
S3
85
do
i
new bonds
(I.&C ) 1st M.,7,1888
do
Pennsylvania 5s, 1877..
'103%
75 j .'Tol., Peoria & Warsaw, E, D..
85
i
do
Military Loan 6s, 1871104%
June., Cin. & Ind.. 1st M.,7, ’85.
do
6s, levee bonds
i
do
90
do
W. D.. 80%
106
68
Little
70
do
8s
do
Miami,
1st M., 6,1883 ....
!
do
Stock Loan, 6s,’72-’77|105% 107
...t
do
do
2d M..,(n
72%
do
do
68, ’77—’82i 106%
Cin, Ham. & Dayton stock.. ..
do
7s, Penitentiary
I [.New York & N. Haven Gs
'100 34"
109
101% Columbus & Xenia stock.
Philadelphia 6s, old
101% 101%
California 7s
(Boston, H. & Erie, guaranteed; 80%; 82
do
6s, new
Dayton & (Michigan stock
.
j 100%
;101%
Connecticut 6s...
liCedar Falls <fc Minn., 1st M
j
57
1(0%
Little Miami stock
War Loan
do
; Pittsburg Compromise 4%s. .. 72
“
i(Detroit, Monroe * Tol bonds. 92
100
j
do
do
5s
Rhode Island 6s
92%
j
72 j (Lake Shore Div. bonds
87
!
90
do
Funded Debt 6s...
Louisville.
Alabama 5s
TOO i [Cleve. * Tol., new bonds
I
do
7s...
do
8s
do
Louisville 6s, ’82 to.’HT.
i Cleve., P’ville & Ash., new bds.j 90
90
do
exten.
7s
....j
94
Water
do ' Ss Railroad bonds... j
do
6s, ’97 to’98
do
do
old bds.
75
58%1 60
16%,
90
Water 6s, ’87 to ’89..
Arkansas 6s, funded
do
'Alleghany County, 5
91
57
[Buffalo & Erie, new bonds
do
do
6s,
’85
Water Stock 6s, ’97.
do
do
7s, L. R; & Ft. S. iss.
St. L. Jacksonville & Chic, 1st!
60
Belvidere Delaware, 1st M., 6. 93%
Wharf 6s
do
do
7s, Memphis & L. R..,
'South Side Railroad bonds....I 88
89
i
do
do
2d M., 6.
89
90
do
do
7s, L.Ii.,P. B.& N.O.*
special tax 6s of ’89.
[Morris
* Essex, convertible...!
do
do
3d M.,6. 86
89
do
7s, Miss. One. & RR .
Jeff., Mad. & I,lstM.(T*M)7, ’81
i
do
do
construction.;
96%
Camden
&
Amboy,
6
of
’75
Ohio 6s, 1875
do
do 2d M.,7,1873
84%
92 x
101
[North Missoari, 1st Mortgage.'
do
6 of’83
I!
do
do 6s, 1881
65
do 1st M.,7, 1906....
do
do
! do
2d Mortgage.
101
93" 94
’i
do
6
of’89
do
do 6s, 1886
Louisv.
C.
& Lex., 1st M.. 7, ’97..
Jefferson RR, 1st Mort. bonds.
96
do
consol., 6 of’89..
.
Kentucky 6s
i
[Louis.
&
Fr’k.,
1st M., 6, ’70-’78..
86
108*
x
‘Cam. & Bur. & Co., IstM., 6...
llinois Canal Bonds, 1870
do
Louisv. Loan, 6.’81.
MISCELLANEOUS BONDS
95
TOO
96 | 97 j Catawissa, 1st M., i
do
6s coupon, ’77
L. & Nash. 1st M. (m. s.) 7, ’77..
Am. Dock & Iin. Co. 7,’86
100
62%
! Elm. & Wil’ms, 5s
do
1879
do
do Lor. Loan (m. s.16, ’Pfi-'87
.j Long Deck Bonds
...
92
(HO
Georgia 6s.
91^
•
Parkersburg Branch...
T
155
153
87
Cin., Sandusky & Clev. stock.
82%
.
155
77
79%
Concord
Connecticut River
90
91%
Connecticut & Passumpsic, pf.
Eastern (Mass.)
....120% 120%
Eastern in N. Hampshire
J
80
93
82>
90
....
Boston & Albany stock
Boston Hartford & Erie
Boston & Lowell stock
Boston & Maine
Boston & Providence
Cheshire preferred
93
,
44%
104
Vermont & Can., new, 8
Vermont & Mass., 1st M., 6, ’83.
100%
r
....
Ask
Bid
SECURITIES
Marietta & Cin., 1st M.,7,1891.
do
do
2d M.,7,1896.
Northern Cent., 1st M. (guar) 6
do 2dM., S. F.,6,’85
do
do
do 3dM., S. F., 6,190
do 3d M. <Y. & 0)6,’77
do
do
do Cons, (gold) 6,11.00
Pitts. & Connellsv., 1st M.,7, ’98
do
do
1st M., 6,1889
97
*
SI
Verm’t Cen., 1st M., cons.,
2d Mort., 7,1891
do
STOCKS AND
60
34%
Newport Bds, 6, ’76.
do Bonds, 7, 1377.. 102*;
Rutland, new, 7
95 >7
Bid. Ask.
SECURITIES.
8TOCKS AND
ot tlie Per
83
90
103
90
S5
75
91
86
82
87
102
88
90
72
90
85
95
...
82
82
92
87
S3
S2
85
85
75
70
1 82
60
]
85
1 88
104% 105
80
SO
90
85
82
81
62
84
74
65
80
57
84
87
35
30
....
105%
105
....
..
"
War Loan...
do
Indiana6s., War Loan.....
!
do
5s,
do
Michigan. 6s, 1873
do
6s, 1878
do
6s, 1888
do
7s, 1878
New York 7s, Bounty, re
do
7s,
do
cou.
do
6s, Canal, 18*2.
do
6s, 1873......
do
6s, 1874
do
6s, 1875
do
6s, 1877
do 5
6s, 1873
do
5s, 1874
do
5s, 18:5
TOO
I
Park 6s
do
-
do
7s
do
do
do
do
do
90
2d M.,'7,’75...
81%
80%
84%
85
88
84
96
86
83
95
76
78
do
(Leb. Br.) 6,’86
IstM. (Mem. Br) 7, ’70-’75.
91%,
89
78
90
40
87
lstMJLeb.br.ex)7, ’80-’85 76
Lou.L’n(Leb.br.ex)6,’93 59
j! do
do
Cons. M., 7, '95.!
90
! June., Phila., 1st M., guar.6, ’82.; 85 i
Consol. 1st M.,7,1898....
94
*
'Lehigh Valley, 1st M., 6,1373. J 99 %! 100% Jefferson., Mad. & Ind. stock.. 35
84
do 1st (new) M.,6,’94.
do
Louisv., Cin. * Lex., pref
do 1st (new) M.,6,’94.
• ) do
42
do
do
|
85
45
16%
77
84 C
86
93
93
..
'
.
..
85
88
93
85
28
..
Brooklyn 6s
dp
1
7s, 1880
do
do
77
79
77
96
98
94
TOO
CITY BONDS.
Wat r 6s
j
I Hunt.* Broad Top, 1st M„ 7...I
79%
96
(Central RR. of Iowa. 7s gold, . ••••
iClies. & Ohio RR, istM.,6,(gd)|
1
Ev. T. H. & Chic., 1st M.7s, g’d.i
:
:LiOuisv.&Nash.R, 1st M,cons.,7, ••••;90
:05;
common.
do
do
iLake
Shore
••••;
Little Schuylkill. 1st M.,7,1877.
Consolidated,
7...;
97%: .North
106
Osxiwlti
I
1 \TArtll Penrisvl.,
Ponncvl - 1st
Af A6,1880..!
1 QQA i 98
j
1 Gt M.,
Louisville & Nashville
11;
(Memphis City Bonds, 6s gold.. I
Chattel
do
Too
M.,
ll§.
10,1887.1
Montclair RR ol N. J. 7s, gold;
1105*
do
2d Mortgage, 7
,.i 95
St. Ijouie.
i 95%
105
|Mo. & Mont. RR, 1st M. 8s, gd.!
do
100
Funding Scrip, 7... — „ ■
St Louis 6s
..((Northern Pacific RR, 7-30 gold:
1105
JOIICreek&Alleg.R., 1stM.,7.
32
3o
Water 6s, gold.......
i Nashville & Decatur RR
i
105
92% iPennsvlvania, 1st M.,6,1 8P... —jf01%j
do
new...
1"5
J|N. <)., Mo. & Chat, RR, 1st M.8s(
2d M., 6,1875.;..il6‘2%! ••••[
(fo
100
do
Water & Wharf 6s...
iN. Hav.,Mid.& Wil. RR,7s...J
1(H)
do
Debentures,6, ’69-’71< 96
....
100 ‘
6s
do
Park
IN. Y & Osw.Mid.R,lstM.7(gd)
100
88
Phila, &Erie,lstM. (gold) 6, ’81} 93%; 93A(
do
Park 6s go7(l
(Port Royal RR7s
\
do
1st M. (cur.) 6, 81! 8
95
i
do
Sewer Special Tax 6s
92
103
92% ;So. & Nor Ala. RR, 8s, gd..
Snnbury & Erie 7s
97% \riil\rw.
!8t. Oot5. <s D«n. r:. li.lst,M.8Cgd)
North Missouri. 3d M., 7,1888..
Cmj
!i7 X
92% 93
A.
lo,
(West. Marvl’d RR endorsed 6s|
90
88
1st NT.(gold) 6, ’95
do
I
RAILROAD STOCKS.
100
do
100
do
6, ’71
1st M. (gold) 6, 1896
co
!
95%
(Not previously quoted.) |
100
do
98
6, ’80.
do
89
ist M.(Leav.Br.)7, ’96
do
166
100
Albany & Susquehanna
do
98
6, ’86. 104
do
Land Gr. M.. 7, ’71-’76
do
•!
>,
no
Chicago & Alton
98
Debentures, 6. 79
do
Inc. Bonds, 7, No. 16
do
..
do
94%/
j
W Union Tele. IstM..7 1875..
'NEW. OR RECENT LOANS.
i Bur. C. R. & M. RR, 1st M,7(gd) j
TOO
80
77
78
75
78
76
76
76
.
94
30"
C»4\
‘tlx
71%
71%
70%
96"|
..
3 year Assessment
’75,
ew York ‘6 per cent,
’76.
do
do
do
’78.
do
do
do
’87,
do
do
do
7’s
do
95"
70
10
71
*
24’
•..
do
do
do
do
100
98
98
100
102% 104
*20%jl21
preferred...
scrip
do
do
7, ’93. 105
26"
.
::::!
do
No. 11
do
do
stock
do
Denver Pacific RR & Tel
North Missouri stock
28
12
-
80%
(Chic. Bur & Quincy...
rSalWor
Westch. & Phil., 1st M„ conv, 7,
7s.
9
97"
Clev., Col.,Cin, & Indianap ..| 33% 84 t
do
do
2d M.,6,1878...
89
97
92
I
Chic.
&
*8%
Col.
Ind. -Central
I
West Jersey, 6,.18S3
91% 92
........
j
94
Dubuque & Sioux City
90
88
Erie Railway preferred—....
89
1st
’86
Cliesa.
&
Delaw.,
M.,
6,
do
real
Leading Sontliern
6s,
estate... 89
j
(Hartford & N. Haven
■ 63
—1 Delaware Div., 1st M., 6, ’78
do
Securities.
6s, subscription. 98
Long Island
2L
100
30
Lehigh Navigation, 6, ’73....
do
7s, 1876
84” 64%'
80 j 82
[Marietta
&
Cin.,
1st
preferred,
do
Loan of 1884, 6, ’!
9
Atlanta
bonds, 8s
do
7s, conv. 1876....
S9
49
do
do
2d pref.
do
- - Loan of 1897,6, ’!
89
Charleston
stock
6s
89%!
(lo
7s, 1865-76;
88
S8%;
82 | 85
Morris & Essex
100
98
do Gold Loan of’97,6,’97
7s, old
118% ill 9
Erie 1st Mortgage Extended..
! 82
79
79% Savannah
New Jersey
95
do Convert, of 1877,6, ’77
do
7s. new
125%j
126
(lo 1st Endorsed
81
51
I 5,5
95
(New York & Harlem...
94
Morris, 1st M., 6, 1876
Memphis old bonds, 6s
do 7s, 2d do
1879
j 51
50
’
( ••••
do
Boat Loan, S. F,. 7,
91% 91% iNew York & Harlem, pref
do
new bonds, 6s
do 7s, 3d do
*
80*
i 65
1883
75
60
84%'
(Ne
York
*
Haven......
j
w
New
‘43
(143%
84%
133
Mobile
6,1872.
5s
Schuylkill
Nav.,
1st
M„
do 7s, 4th do
82
1880
do
scrip,
80
do
2d M.,6,18-2.. 75% 75*
do
do
80%
do
8s
do 7s, 5th do
! 54
1888
75
|
90 i (New York, Prov. & Boston—
do
do Improv., 6,1870..
Buff. N. Y. & E. 1st M., 1877;
i
73
72
li«% 116%
consol. 6s
do
((Norwich & Worchester
Camden & Amboy stock
do
Hud. R. 7s, 2d M. S. F. 1883
71% | 72
26 !
73
22
70
TOO
do
bonds,
7s,
!|Ohio&
Mississippi,
preferred.
95
do
do
(Catawissa stock......
7s, 3d Mort., 1875
95
76% 76*
j
98
10s
....(
Rensselaer
&
Saratoga
do
101%
I
do
preferred
stock
do
.,..132
...J
Harlem, 1st Mortgage
56
90 i Rome, Watertown & Ogdens..
97
(Elmira & Williamsport
do
27%
Con. .\Pge & S’kg F’d.
j
31
v0
»
! St. Louis, Alton & T. Haute...
RAILROADS.
(Elmira & Williamsport pref.. 120 120%
Albany * Susqh’a, 1st b jnds.. 9i" 92
do
I
do
pref.
84
[Lehigh Valley
do
83
88
47^;:::
do
2d
do
..
87%
i'St.
Louis
&
Iron
Mountain—
Orange
&
Alex. RR 1st M. 6s..
’Little
83
Schuylkill
76
do' ‘
do
3d
do
.'.
104 1
103%
NT.
8s..
do
do
3d
Mine Hill * Schuylkill Haven.
Mich; Pent., 1st M. 3s, 1332..... 117% 120 i'Toledo.Wab & Western, pref.
S3
82
j
81%
Va.
&
Tenn.,
1st
M.
6s
MISCELLANEOUS STOCKS.
(Northern Central
(-hie., Bur. & Q. 8 p. c. 1st M... \ 109» 110%, American
( 38
90 |
89
4th Mort. 8s
Coal
do
Cl
25
{North Pennsylvania
Mich, So. 7 per ct. 2d Mort..... 96%.
93* Charleston & Sav. 6s, guar.... (0* * 65
93%
Consolidated
Coal,....;
100
99%
j
,1 3') {Oil Creek & Allegheny River. 124 124%
60
Mich. S. A N T. S. F. 7 p. c....
Cumberland Coal
do
7s...
do
97
63
Pennsylvania
96%.
60
,1 3)
Paejtic R. 7s, gnart’d by Mo...
56
56% Greenville & Col. 7s, guar
60
93% 93% Maryland Coal
[Philadelphia Erie
59
Central Pacific Bonds
1224
117
do
do
7s,
certif..
Pennsylvania
Coal
90
'Philadelphia & Trenton
S3
Union Pacific 1st Bonds
’.. 79% 79%
164 j 1
162
71
35
66
'Phila., German. & Norristown 102
do''
! Spring Mountain Coal
65
Land Grants, 78. 70
I South Carolina 6s (new),
Coal...-......;
wiikesbarre
19
■6S%
72
iPhila., MTlming. & Baltimore. 120
74
''.'do:
Income !0s... v.
70
125
! Canton Co
do
do 7s (new)..
106
42
Illinois Central 7 p. ct., 1875.
40
!U5V {West Jersey
do
do stock
Delaware & Hudson Cana'
97
94% !'6
.Chesapeake & Dela. Canal
Alton & T. II., 1st M
95
92"
Steanuhip
Atlantic
Mail
Georgia Bonds, 7s
Delaware Division Canal
98
81% 82. |
do
95
do
2d M pref
*5%
69 !
68*
do
stock
Mariposa
Gold.,
....
75 j
98
do
do
30
2d M.income.. 75
'Lehigh Coal and Navigation.. 30
96
Trustees
do
Certif....
1st
Central
Georgia,
Mort,
!
98
Morris
(consolidated)
Chic. & N. Western S. Fund.'.', 96%
16% >
....!
70
do
do
stock...
93
92
"
do
;
Quicksilver
preferred
72
do
do
Int. Bonds
preferred
70
iS..
16% 17
90 1 Wells Fargo scrip
do
do
Extn. Bds
106 T10
23%! .Schuylkill Navigat’n (consol), 34% 34%: Macon & Brunswick end.
Boston Water Power
79
do
j
do
do
pref.
75
do
1st Mort.. 92% 92%.
Boston.
Atlantic & Gulf7s consol...,
86
86%
'Susquehanna & Tide-Water... 98~"
Consol’d 7 p. ct .convertible
84
Montgm’v
&
West.
M.
8s.
Maine
6s
P.
1st
108
82
Man. & st. Jo. Land Grants...
|West Jersey 7s, Jan. & July...
80
i Mobile &" Ohio sterling
New
6s.
Hampshire,
do
105
76
do convertible
i05%
Baltimore.
do
8s, interest.... 75
do
Vermont 6s
99 V
Lack. & Western Bonds
25
23
•.
-..
RAILROAD BONDS.
N. Y.CentraL6s, 1883
do
Gs, 1887
.
.....
Tl]®
....
.
v
• 1
j140
‘
*
*
* -
(
..
...
.
....
j
•
. .
.
.....
.
r
t
t
i
.
j
_
..
100 %
99 *
91% 91%
Mel.. Lack. & Western, 1st M. 100
97
do
do
2d M..
lol. * Wab’h, 1st Mort. ext’d.
do
1st M St L div..
do
2d Mort
do
Equip. Bds
do
Cons. Convert.
Hannibal & Naples. 1st M
79%.
86
78
si
79
101
.....
Creat
Western, 1st M„ 1868...
do
A
.
do
Qmncy & Tol.,
1st
2d M., 1893....
i
82
80
6s, Jan., A.. J. &
Massachusetts 6s, Currency... 100%‘ 100%! [Maryland
do
6s, Defence....
do
6s, Gold
,101%
' Baltimore 6S of ’75
95%'
do
5s, Gold...
100%'
I
do
1834
Boston (>s
do
80
82 (V
81
87% '87%
M., 1388....
1st M., 1890
•
5s,
do
93%
gold
Chicago Sewerage
98
7s.
Mass., conv.,
i 98%
!
98%
Municipal 7s,....
Portland 6s—
Burlington & Mo. L. G., 7.
Cheshire, 6
:—
Cin., San.& Clev., 1st M., 7,
Eastern
'
95
91
|
i
’77.
6,1874...i!00
82
i
O..
6s, 1900
do
1890, Park 6s
do
Baltimore & Ohio 6e of ’75
(lo
do
do
do
do
do
(N.
• •
6s of ’80
6s of ’85
W.Va.)2dM.6s
do
.Central Ohio, 1st M., 6
8d M. 6s
103%
96%
do
do
stock
N. Orleans & Jacks., 1st M.
**’*](
do
cert’s,
do
8s.
8s.
!!!! i j
....
J1
—
91*
■
95
95*
i;
L
!!
& Tenn.,
East Tenn.
1st M
18
& Georgia 6s
ipliis & Charleston, 1st 7s..
2d 7s..
do
do
stock.
do
do
Memphis & Little
R», 1st M....
85
83
78
SO
80*
79
7S
6-1
82
72
39
68
|
79
Cfl
64
75
41
' 69
456..TThhee
Among the
<&fye R a i l to a 1} illonit or.
“
new
TABLES
1. Prices of the Active Stocks and Bonds are given in the
Bankerrf’ Gazette ” ante; quotations ot other securities will be found on the pre¬
ceding1
page.
comprises all Companies of which the stock is sold in any ol the
principal cities (except merely local corporations). The figures just after the name
of the company indicate the No. of the CHRONICLE in which a report <»t the Com¬
pany was last published. A star (*) indicates leased roads; in the dividend
x=extra; e—stock or scrip.
Tables of Railroad, Canal and Otlier Bonds
occupy in all, four pages, two of which will be published i = each number.
In
these pages the bonds of Companies which have been consolidated are frequently
the next page,
column
E'ven
of Consolidated
Thethe date
under the
name
Corporation.
in tlie
brackets
alter
at which
state¬
lmediately
the name
of each Company,
indicates
time given
In the “Interest Column” the abbreviations are as
and July ; F. & A-=February and August; M. <fc S.=
& O. April and October; M. <fe N =May and Novem¬
of its finances was made.
ment
follows : J. &. J.=January
March and September; A.
Q —J_=Quarterly, begi ning with
ber; J. &. D.=Juneand December
Q.—F.=Quarterly, beginning with February. Q.
January;
—M.=Quarterly, beginning with
March.
.
Table of United States and State
„
Securities will b
published monthly, on the last Saturday of the month.
Table of City Bonds will be published on the third Saturday
of each month. The abbreviations used in this table are the same as those in the
tables ot railroad bonds mentioned above.
The Siuking Fund or assets held by
each city are given on the same line with the name.
Beports of Railroad and other Companies
publish) <1 in itae Chronicle a8 Boon as; issued, ami indexed n the
table of stocks on the next page, as stated above in Note 8.
A com¬
plete record of these reports is thus obtained in a tile of this paper.
The Financial
are
r
The terms of the twenty years’ lease
by the Rutland Company to the Vermont
and Canada Railroads, were explained by
Governor Page. In the first pla-e the lessees guarantee the payment =
of the interest at seven per cent, of the entire amount of preferred
stock of $4,300,000; on $500,000 of the seven per cent, bonds of
1870, and on a like amount to be issued at eight per cent, making
a total from this source of $376,000 per annum.
The lessees also
guarantee the payment of interest on $2,700,000 common stock at
the following rates ; For the first year, nothing ; for 1872, one and
one-lialf per cent; for 1873 two per cent; for 1874 three per cent;
for 1875 five per cent; for 1876, 1877 and 1878 six per cent; for
1879 seven per cent, and at the rate of seven per cent for the re¬
maining eleven years. The steamer Oakes Ames is leased at the
rate of $10,000 per annum, and the lessees also pay $8,000 per
annum for supervision and organization.
The average yearly proceeds from these several sources is about
$171,000. This added to the proceeds from the preferred stock
makes the yearly rental due the Rutland Company about $547,000.
It is calculated that this sum, with the rental from the real estate
exempted, is equivalent to an average for the twenty years of six
per cent on the common stock, with a balance of about $12,000 as
security for this rent.
The Vermont Central issues to the Cheshire and Connecticut
River Railroads monthly orders, making the collections by them
on
northern freight payable directly to the Rutland Company.
These orders are equal*to $30,000 monthly on the Connecticut
River and to $10,000 monthly for the first two years on the Che¬
shire, and $20,000 thereafter. This security, is regarded as ample
in every respect for the prompt payment of the rent.—Daily Bul¬
of the roads operated
Central and Vermont
Stocks*
Canal and Other
Railroad,
ol
o'!
during the present month.
Petroleum* City
c»i tho-e
occasionally at
The Table
3
$194,110 for repairs on account of the great
stated that in
and Hart,
2. Bank and Insurance Stocks, mining.
Railroad and Gas Stocks* and Southern Securities
kinds which are least activ •, are all qu >ted either te^ulariy or
the end of “hanker-’ Gaze:te,” on a proviou- page.
on
miscellaneous items of expense are $336,800 for
rolling stock, and
freshets last year. The President also
accordance
with a stipulation with Messrs. Cheever
representing
the holders of the first mortgage bonds, the entire amount
those bonds had been paid, the last payment having been made
HOND
STOCK AND
[February 11, 1871.
CHRONICLE.
THE
180
[Pages 1 and 2 of Railroad Bonds have been crowded out this
by a press of editorial matter.]
Rutland Railroad.—The
annual meeting of the Rutland
‘
letin.
Railroad Company was held at Rutland, Vt., on the 26th ult.
Indianapolis,
Cincinnati
and
Lafayette.—The receivers of
The report of the President makes tiie following showing : Dur¬
this road have reported terms of compromise entered into between
ing the year the Directors had leased a section of the Vermont
and Massachusetts road for fifty years at the rate of $42,000 per themselves and the Whitewater Valley Co., looking to a.cancella¬
tion of the lease of the latter road now. held by the former. The
annum for the first five years, $48,000 for the next five, and $54,000 for the last live.
They had also leased the Vermont Valley agreement in substance is that the I., C. & L. Co. shall convey all
road of E. R. Birchard and John B. Page, who had been operating its rights, title and interest in the Whitewater Valley Road to the
under a private lease at the rate of $05,000 per annum for four and same, agreeing to operate it, however, Until May 1st, 1871, at,
one-half years and $72,000 per annum thereafter.
They had also which time the road and all equipments will be turned over to the
concluded negotiations for the lease of the Addison railroad as Whitewater Valley Company, as well as the net profits that may
soon as it shall be completed.
They further proposed to purchase accrue.
The Vermont Central Railroad—Has not yet. taken posses¬
the individual stock of the Burlington Steamboat Company.
The
other leases by the Company are of the Montreal and Platts¬ sion of the Rutland, the representatives of the contracting parties
burgh railroad, at $42,000 per annum and taxes, and the White¬ not as yet having come to a full agreement on some of the minor.
hall and Plattsburgh railroad, at $20,000 per annum and taxes. points involved.
The aggregate annual rentals amount to $169,000.
—It is stated in the Richmond Dispatch that orders have been
The opera¬
tions of the road for the year ending October 31, 1870, show the given to let.the whole line of the Chesapeake and Ohio Railroad,
not already under contract, on the 1st of April.
following result:
And it is further
Receipts
,$1,941,509 92 ordered by the board that, the road shall be in operation from the
Expenses
755.918 25 terminus at the junction of the Big Sandy river with the Ohio, to
Ne t ea rn i ngs
$285. S41 07 the Falls of the Kanawha, in July next.
week
■
montiilt
-Central Pacific—
1870.
0712 in.)
$413,104
Chicago and Alton.
1871.
1869.
1870.
1871.
(890 in.)
524,480
(431 rn.)
$343,181
(431 rn.)
$293,978
323,825
(465 in.)
394,176
315,098
488,331
633,758
388,726
328.390
345.832
768,719
729.274
783,099
:
807,815
; 777,183
|
L
Jan
..Feb..
..Mar...
..
..
344,366
331,653
$706,024
351,767
$401,275
753.782
858,359
319,441
645,789
449,654
218.C00
929.077
388.385
449.932
500.393
443.31 M)
507.900
529.512
462.100
556.100
597.000
241.101
240.0-16
200.109
274.021
249.355
319.012
1,177,897
tine..
1.080,946
2421,485
..July...
1.157.056
493,231
«501.049
1.246,213
498.035
-Auk....
Sept
1.037,973
506.623
1.305,672
828.447
746,800
612.805
468,212
397,515
'"488,658
..Oct..
1,371.780
1,275.171
1.371,780
7,983,513
4,681,562
1869.
t
Nov
..
386,598
Dec
..
4,831,731
..
$659,137
$654,587
524.693
663,391
644,374
Year..
..
597.571
(284 in.)
(284 ///.)
(284 in.)
98,275
104,585
101.379
100.216
110.213
Ja u...
Feb...
Mar...
$384,119
320,636
386,527
$337,992
00.298
April.
..May.
411.814
403.646
366,623
329,9.50
353,569
117,695
111.117
..June.
116.198
..July..
861..‘157
979.400
870.584
914.406^ 862.171
814,4132 841.990
129 096
142.014
135.376
129.306
111.127
118.407
132.998
153.531
114.023
696,6770 755,232
110,837
141,376
8,823,482 8,851,492
1,391,345
1,418,865
—N
/—Pacific of Mo.
(340 in.)
(393 in.)
1870.
(355 in.)
$196,787
245,981
$202,417
..
.
-Aug;.
1870.
(355 in.)
212.005
(210 in.)
$102,760
267.867
289.550
93.160
113.894
104.019
246.266
283,000
115,175
223,230
| 2-19,987
192,364 ^211,219
263,328
275,220 £300.971
343,194
116,242
107,524
122,000
218,639
I
200A49
292,803 £318,957
328,044 £.355,187
298,027 | 316,054
254,896 [250,471
.356,677
341,373
324,659
271,207
124,124
915,517 .3,188,137
3,479,776
1,343,632
127,069
121.791
119,073
319 573
284.150
3,280,420
^-Milwaukee fc St. Panl.1870.
1869.
(825 m.)
1871.
(936?/?.) (1,018 rn.)
*396,171
396,700
330.233
420,774
382,823
460.287
269.400
259.000
208.493
755,737
525.363
1,039.811
636.434
661.026
808.318
908.313
791.014
264.690
234.962
266.836
374.542
378.880
467.990
511.477
453.873
423.735
529,758
255,726
4,719,163
4,791,895
7,250,668
Jail...
$132,622
Feb...
127.817
175.950
171.868
157.397
154.132
144.164
186.888
July..
724,514
801.163
496.550
(282 in')
196.720
229,090
8,’l20’427
’
$284,192
$275,000
158.788
240,394
293.645
500,139
172,216
172,347
155,081
150,719
342,704
311,832
295.298
318.699
539,230
312,529
340,892
348,890
348.632
802.580
746.450
643.-158
167,305
450,246
310,800
*
322,756
(521 rn.)
365,174
$528,529
680.970
664,050
728,525
323.378
466.431
508.042
451.293
425.687
434,283
386,254
,‘482,838
4,252,342 4,426,429
7,522,112
470.720
Oct
.Nov...
.Dec...
204,552
189,351
168,559
163,284
422,368
152.909
137,794
2,014,542
1870.
(10:38 m.)
$152,392
175.453
..
-Union Pacific-
(521 m.)
202,238
Year
2,833,489
(521 in.)
Aug.
Sept...
..
196,207
239.161
377,000
586,342
(222 in.)
June.
1871.
(530 m.)
678.800
(210 in.)
April.
May..
1870.
(404 in.)
$213,101
-
-St. L, Alton A T,Haute.—v—1Toledo, Wab. * Western.--.
1869.
1870.
1871.
1869.
1870.
1871.
.
-Forth Missouri.-
326,891
490,772
448,419
Mar..
270,148
443.133
430.700
473.-546
Iron Mt.
1871.
380,430
412,030
(390 m.)
317,887
339.230
038.122
$454,130
,
(390 in.)
630,814
..Oct
..Nov...
..Dec...
Year
329.127
,
AI-
1871.
$201,500
406.283
363.187
..Sept...
...
218.234
253.005
270.933
294,874
.
ni.)
5,960,936
(251 rn.)
13 ',883
759,214
214,409
13,355,461
(251 ?//..)
..
(
[393,468
(251 in.)
$99,541
..
736.664
£ 581.155
**? 479.236
1,037,963
1871.
645,768
1871.
si 632,652»
~
........
Michigan Central.
696,228
841,363
-I
{523.841
JL455.006
1870.
$90,177
(520-90 rn.)
1,154,529
1869.
100.641
109.752
1870.
in.)
1871.
695,253
Ohio & TWi-aSissirpl
1 o~n
'
(
1870.
1869.
640.974
778.260
1869.
(340 //<.)
$ ISO, 366
216.080
221.459
1,140.145
845,708
—
-Mar’cttJ and Oiiic.tnnati—
(862 rn.)
709.044
568.282
..
| 432,492
3-10,350
1870.
1871.
(971 m.) (1107 m.)
2
(1,157 in.)
$892,092
830,286
351,044
...I
1870.
(1,157 in.)
1871.
1870.
(590 in.)
—Cler- Col. Cin
1870.
1,112,190
1 268,414
1.251,950
1869.
1871.
1869.
1,142,165
..April..
May...
J 395.014
RAILROADS.
-Chicago* Northwestern—> r-Chie..Rock T* and Pam'6«-
JUl h986
fllint ^Central.
<
|
343,555
OF PRINCIPAL
402,854
f
5
J&AKlNHNGrS
•
719.623
571.379
1871.
(10-38 m.)
CHRONICLE.
THE
11,1871.]
February
181
AND MISCELLANEOUS STOCK LIST.
a great favor by giving ns Immediate notice of any error discovered In our Tables.
RAILROAD, CANAL,
Subscribers
will confer
For a
gee
Out¬
ceding page.
Kail roads.
& Susquehanna*.
Allegheny Valley, .No. 2al
far
July, ’71
50
.
25,000,000
2,215,01)0
& July.
(June A Dec
Burlington and Missouri Iiiver .100j 1,252,500
1
3so,r>oo I
do
do
p ref. UN.) I
Camden and Anibov No. 250
do do scrip M joint Co.’s ’69
lOOj
A’70
and Atlantic, No. 251... 50)
do
-preferred.. 50
60
Cod, tan. 21
Catawissa,* No. 255
’Cape
50
preferred
50
Cedar Rapids and Missouri* —100
do
do pref.. ..
Cent.Goorgia A Bank. Co..\o.243100
Central of New Jersey, No. 2T0.. 10(4j
do
50]
50
preferred
Central Paciti • No. 28s
Charlotte, Col. A Aug., No. 257. —
Cheshire, preferred, Jan. 21......1(H)
5f0OO,O(H) Feb. & Aug.
,
do
pref
do
50
Dubuque and Sioux City*
1(H)
Eastern (Mass.). Jan. 21
1(H)J
Eas: Pennsylv m in, No. 255...'
50
East, Tenn. Va. & ueor, No. 2s'4.1(H)
Elmira & Williamsport,* No.255. 50
do
do
pref.. 50!
Erie, Jan. 28
loo
do preferred
Erie and Pittsburg,
Fitchburg.
Georgia. No. 259
No. 255
...
Hannibal and St. Joseph,
too
50
l(ju
.....100
Jan. 28:00
pref
do
100
Hartford A N. Haven, Jan. 21...100
do
scrip....190
d->
Honsatonic, preferred
1(H)
do
.
4,666,'■'00
15,000,(HH>
2,425,(XH>
Feb. A Aug.
June & Dec.
Jan. A July.
June A Dec.
4(H),(HH> June A Dec.
"s’
’70
Feb., ’71
Feb., ’i 1
Dec., ’70
Dec*., '70
Dec., ’70
Dec., ’70
St.
1.15
3M/i
s.
7,045,(HH) Mar. & Sept.
2.425.4(H) Mar. & Sept
jShamokin Valley & Pottsville*
Mar- <fe Sept.
Jan. & July.
J une & Dec.
J line A Dee.
April & Oct.
April A Oct.
’TO
Oct., ’70
'
ct.,
.....
Nov., ’TO
Feb. & Aug.
Feb.7
May & Nov.
Quarterly.
Quarterly.
Jan. A
July.
2,084.2(H) Feb. <fc Aug.
1,700,000 Jan. & JuljF.
1,316,9(H) April it Oct.
2,400,1 M).
Jan. it J uly.
Jan. it July.
2,(95,000 December
5,000,000 Jan. A J uly.
4,062,6(H) Jan. it July.
1,309,2(H) Jan. & July.
3,192.0(H)
500.(H H) May & Nov.
500,000 Jari. & July.
83,536,910 Feb. & Aug.
8,536.900
..
999 750
3,64(MKH) Jan. & July.
4,156,000 Jan. & July.
4,151,100
5,0-7,224
Quarterly.
4,800,000
3,000,000
2,000,(HH) Jan.& July
do
do
common ..! 2,029,778
Manchester & Lawrence, No. -47.100} 1 ,(HH.),IHH) May & Nov.
June it Dec.
Memphis and Charleston. N0.278.25! 5,312,725
Michigan Central. No.267
1(H)' 13,225,848 |.Iau. it July.
Milwaukee and Si. Paul. N>>. 2581(H) 11,4'2,661 i Jan. & July.;
January,
do
DM.) 10,124.903
■pref
3.856,450 fan. & July.
Mine Hill it Seh Haven* No. 255. 50
2,918,785
Mississippi Central
. 100j
Mobile it -iontg.pret
No. 283.. ..! 1,738.7(0
Mobile and Ohio, No. 259
100 4,269,820
June & Dec.
Montgomery -and West Point.. .100 1.644,104
Morris and Essex,* No. 250
50 8,352,800 Jan. & July.
720,000 May A Nov.
Nastiua and Lowell, Jan. ;1
100]
2,056,54t
Xashv. .v Chattanooga No. 220.100
& Aug.
Naugatuck. No. 195
1(H)] 1,818,9(H) Feb.
500,(HH) Jan. & July.
New Bed.& Taunton, J an. 21.. .100
1,800,(KH) Jan. & July.
New Hav. it North-amp., Jau. 21.100
New Jersey, No. 250
xOOi 6,250,(XH) Feb. & Aug.
493.9(H)
do
‘ scrip
New London Northern -/an.2l..lOQ 1,003,500 Jan. & July.
N. Y. Cent. & Hudson 1L.Jan.21.100 15,0 0,000 April & Oct.
30 April & <>ct.
do
do
certificates. .100 44,428,
New York and Harlem, Jan. 21.. 50
8,000,000 Jan. A July.
July.
do pref
50 1,500,000 Jan. &
do
New York A New Haven,Ntc2.'5.100 9,000,000 Jan. & July.
Jan.
&
July.
N. Y., Prov. and Boston Flo.229.100
2,000,000
300.500
Norfolk and Petersburg, pref... 100
137.500 Jan. & July.
do
do
guar. .1UU
1,361,300
do
do
ordinary
North Carolina. No. 267
100 4,000,000
Northern of N.M’inpshire,No.257100
3,068,400 June & Dec.
Northern Central. No.249
50 5,000 000 May & Nov.
898,950
Northeast. (S.Carolina). No.201 ..
155,(HH) May A Nov.
do
do
8
..
p.
c.,pret
North Missouri, No. 259
1(X 7,771,500
North Pennsylvania
50 3,150,000
Norwich & Worcester * Jan. 21.100 2,364,100 Jan. & July.
Jan. it July.
Ogdens. & L.Champ.*No.275....100; 3,051,800
April A Oct.
100
do
do
pref.
, 2,000,000
Ohio and Mississippi. No. 195.. ..100, 19,995,847
...
vr
„
,T
"3k
3%
2%
2K
"
Dee.
’70
2
Nov.,
Dec.,
Dec.,
Dec.,
Oct.,
'70
’10
5
Dec.,
Dec.,
Dec.,
Jan.,
1
4
50
|SchuylkilldoNavigat’n (consol.)*.
50
pref
’*2 9;
jSusquehanna & Ti i- Water
50
50
(Union, preferred
West Branch and 8 1 . uehanna. 50
UliNcellancoii*.
Coal.—American
25
Ashburton
50
Butler
1,
25
3K
4
7.<?
Feb., ’66
1^
’70
Dec., '70
Jan., '70
,
4
4
Aug., ’TO
Aug., ’70
Dec.. ’70
r»
•
3
'
Rec., ‘TO
8
Feb., ’71
Feb..
Mav,
Dec.,
Dec.,
Dec.,
’71
’67
A ug.,
’66
■4'
2
*<0
VA
'70
’70
’70
’70
Dec.. ’70
Jan., ’71
Feb., ’71
Flxpvpxs.—Adams
Xf-.v/.V.-iTitc’
A
as'.'
United States
"5'
Ti'iist—Fanners’
3
5
do
do pref
...1001
Oil Creek and Allegheny River. fOi
4,024,474
4,259,450 Quarterly,
100]
100
100
Loan & Trust. 25
National Trust
7
3>C
United States Trust
7.S.,
4*
Trust, certif.
do
Quicksilver preferred
common
do
8K
"5’
4
3
5
‘3
4
an.V ’71
5 s.
*70
Dec., *70
Jail.,
Feb., ’71
2 99V O’
100
1(H)
100
100
..
Jan., ’70
May, ’70
Jan., ’71
3>
's'
Dec.. *70
4
Jan., ’69
2
Jam, ’64
70
Tec..
Jan., ’71
Dec., ’70
Feb.. ’71
A Aug
S An
A Aug.
Feb., ’71
Feb., ’71
’67
Mav.
A Nov.
July, ’70
n
Feb.
eh. A Aug.
Feb., ’67
Feb., ’67
2.907,85)1
1,100,000
Jan. &
July.
Jan., ’65
1.500.000
2.500,000
Mar. A
Siq.t.
Mar., ’70
Dec., ’69
une A’ Dec
Jar.. A Jjilv.
J
500.000
9.fHH).(H)0
V’1*'*>
1
J
in.
396.(HH)
;
Nr.v., '69
A ug., ’66
Feb.., ’71
Feb!'
Jan. A July.
731 250
Nov., ’70
Jan.. *71
July,'
4,(HH1.(HH)
Jan. &
3.(H10 COO
5,(HH»,000
Quarterly.
4,000.000
20.000,000
1
i
l
1
’71
’71
Jan., ’71
Jan., ’71
.1;,
A Jnlv.
1,000.(HH) i.lan. & July.
2.800,000
1 OOO.(HH) May A Nov.
750,1 MX) Jan. A July.,
41,063,i(H)
85 Ct8.
5
0.1
| Feb. A Aug.
G(VH) (HH)
preqvuiaooutgslyi,n
fbtohuwpenreiicdles
The
Dec., ’70
Dee., ’70
■ *
1 .OOO.OD) [
3,100.000 I May it N V,
1,250.000 I Feb. it Aug.
2,000,000 Feb. A Aug.
1 2(H) (Hv
’69
July,
July.
Jan. A
950 0(H)
1
Quarterly.
ono.noo Jan. A July.
,000.000 Jan. A July.
ooo.onn Feb. A Aug. j
000,1HH) Jan. A July.!
1.500,(XX) Jan. A July.
’66
Jam, ’70
2
Mar .7’71
V*
Dec., ’70
Nov., ’69
2K
’67
"2 k
Dec.,
Sept.
Dec.,
Dee.,
Feb.,
Dee.,
Dec
,
,’69
’70
’70
’71
’70
’70
3
3
5
4
10
5
5
2,836,600
8
693.4(H)
Jan. A
2.324,000
4,300,000
July. ]
Nov.,.’70
Quarterly
BROOKLYN CITY
Otis, Broker in
PASSKNOEU 1!All.ROADS
Local Securities.
Xrc 2 paaesPAID.
1? F.xcli. Place OlYUiRNOS
previous
i AS T
] STOCK.
J’A11
9<X),(HH)
Bleecker street and Fulton Ferry.1
1(H)! 20a,(HX)
Broadway (Brooklyn)
KH)!2J(H),(HH) June. 1870...
Broadway and Seventh Avenue ..
KH' 1,500.1X10
£
Brooklyn City
KH)
KH).(HH) Oct.7 187(1..::’.
Brooklyn City and Newtown...-*..
O KH)
254.6(H)
Brooklyn, Prospect Park A Flatb. fc 1'H' 1 U.UH) j....
Brooklyn and Roekawav Beach...
£ KH) 9r'-).2U(i !....
Bushwick (Brooklyn)
1'H'- 1.1'657*1 *o ;!!!.
Central Park, North A East Rivers I a. n.H’ 51HI,(HH'
Conev Island (Brooklyn)
Mav, ’70. quarterly
HH L2DUHH)
Dry Dock, East B’dway A
1 (H’ l,lHH),(HHi
Eighth Avenue
,
•S nti 74S.'H’.0 Nov., ’70, semi-annual...
Forty-second St. A Grand St. )• erry a. 1'H i UO.lHHl
Grand Street A Newtown (B’klyn)
106.7'H1
1'H'
'
‘
~
,
!
Battery
Metropol 'an
(Brooklyn)
(Brooklyn)
Ninth Avenue
3A
Second Avenue
Sixth Avenue
Third Avenue
Van*Brant Street
2H
U-lB
2JH)2X16
N. Y. &
5
4
H
Jan.
)•'. b. A Aug.
175,(HHi ( Feb. A Aug.
4.3(H).(HX)
1.908.2U7 ; Feb. A Aug.
Prices by C.
Hudson Avenue
Dec.",*
3
July.
1
100:
4
4
4
4
5
4
3
’TO
ax
Feb.,
f.Ian. A July.
728.nHi
1.025.000
NAME OF ROAD.
Nov.,’70
Oct., ’70
Feb.
M»,
1.999. KH) ( Feb.
8,739X1-0 I Mav
15.'HH).(H'0
100
Car—Pullman Palace
5
■y
Jan.,
1(H)
100
Mining.—Mariposa Gold
Mariposa Gold, pref
do
July,' ’70
April*’70
Dec., *70
1(H)
and Trust ...KX)
New York Life
Union Trust
"4'
J
TTiiinn
sx
J nn.,
July.
Quarterly.
Quarterly.
100
10,000.000
1IW) 18,000,000
1S 0CH1 000 Jan. & July.
100 6,fHH).lHH) Quarterly.
Wells, Fargo & Co
Steamship— A11 an tic At ai 1
Pacific Mail, No. 257
3s.
^
Dec.
Power
,100
Brunswick City
Teleyra ph—W est. U n ion. No. 277.10G
acifi'- & Atlantic
2‘
5
VT
June A
;KH>
50
50
Boston AYater
3
Jan., ’71
Oct., ’70
Oct., ’70
Dec., ’70
D- c., ’70
July, ’70
Dec., ’70
Dec., ’70
and Hoboken... 20
50
Improvement—Canton
2
4A
’
Dec., ’67
.Tail., ’71
Nov., ’70
20|
50
Metropolitan
New York
Williamsburg
2H
June, '69
25
(Brooklyn)
Jersey City
Manhattan
5
’70
Nov'.,' ’70
KOj
Gas.—Brooklyn
Citizens
Harlem
Aug., ’70
D--C., ’70
Jam, ’71
50
10
KO|
Wyoming ATalley
’71
Aug.
100 10,25O,OTn>
500.iVH) ]
UO
50
WilKesharre
4
5
1(0
3.239.5r' I
1.633,851)
.
Pennsylvania
Spring Mountain
Spruce Hill
ex
g’d
’70
Sept., ’66
Sept., ’66
c\vyl<v»\<4 Ortol D'ri
yi
"sU
5
July, ’70
Dec.,
Dec.,
Dec.,
Dec.,
Central
Consolidation Md
Cumberland Coal it Iron
3K
Jan., ’68 J
Feb., ’71
Sept. .’67
Jan., ’66
50
3
Jan., ’71
Dec
Morris
(consolidated : No. 254...1(0
! do
preferred
1(H)
i
Pennsylvania
3*
July.
Jan. & July.
1.988.150
(Lehigh Coal and Nnv.,No. 256.. 50
iMonongahela Navigation Co
50
3%
5
May, ’68
1.365,600
3,93" <HH' Feb. A Aug.
1.314,180
100
;Delaware and Raritan
r*
Nov.,' '’70
Jau.
Feb.
J nn.
635,200
5,819.275
1(H)
(Delaware and Hudson
6 6.
’69
’70
’70
*71
1(H)
50
I Delaware Division*
*y
Jan., ’71
Dec., ’70
Feb.'
Annually.
869.150
50
I [Chesapeake and Ohio
r’d)
Dec., ’70
Jl.:
Fcl>.»t
57(0)50
5(*
No.252.1(H)
(Chesapeake and Delaware
3
5
4
3
13
(■
I ’ b
Oct.,
.
SH
’70
’TO
'70
Oct., ’70
Dec., ’70
Jan.,
Toledo, Peoria & Warsaw
no 2.7(H) .(HH)
do
E. D., 1st pref.no
do
1.7(H),IHH'
do
do
V. I)., 2d pref .100
1 ,(HH),(HH1
Toledo, "Wabash & AVest.No.255.100 1 t.7('0.DCi)
do
do
do pref. 1(H'
1 .(X'O.IHHi
May A Nov.
Union Pacific
36.745,0(H»
Utica and Black River, No. 252..100
1.666,1 HO Jan.A July
Vermont and Canada*
1(H) 2.500.0(H) June A Dec.
Vermont & Massaclni., Jan. 21..1(H)
2.860,000 Jan. A Jnlv.
Virginia and Tennessee
1(0 2.956.8(0
do
do
pref
100
555,500 Jan. A- Jnlv.
Western (N. Carolina)
KH' 2.227'COO Jan. it July.
West Jersey, No. 250
50 1,209 1 on Feb. A ug.
! i Worcester and Nashua, Jan. 21 .DM) 1,4(0.555 lan. it Jnlv
Da 11 a K
1.983.563 I une A Dec
3
’71
Nov., ’70
l eb., ’71
Oct.. ’67
Oct.. *70
J an. ’71
005.2**2
iTerre Haute and Indianapolis.. 50
"3'
May A Nov.
Aug., ’70
Dec., ”70
Dec., ’70
2,478.750
50
Syracuse, Bingli A N. Y,
5
5
5
5
4
4
Dec., ’70
Dec., 70
Dec., *70
1,786,8(H) I Quarterly.
1,500,000 ! May & Nov.
350,(HH)
5
i-t., ’70
.
|
2.010.0(H)
1(),(HH) (!(H
".1(H)
j South Vest. Georgia.* No. 220..1(H)
5
,
S
[Shore Line Railway
(South Carolina No. 243
j South Side (P. A L.)
'y
Dec.,* ’70
Sept ,70
Sept ’70
Jan., ’71
Dec.. •70
2.300 (H;0
ISanduskv, Mansfi’d it Newark*.UO
'Schuylkill Valley,* No. 255
50
3
3
j
3.000 (HV>
1,831,100
S*. 1 onis & Iron Mountain
St, Louis, Jacksonv. it Chicago*.1(H)
5
4 A
preferred
1(H)
Louis, Alton <t Terre Haute.no
do
do
do pref.no
do
'*3k
Nov!,'
No.235.1(H)!
Rome, Watert. it Ogd., No. 245. ,KH'|
Rutland, No. 248
l(0!
"5'
7 ’70
•LDHI.IHH)
817.100
3.000,1-00
’71
D c
Nov
,
Richmond A Petersburg
Dec.
Feb.’,'
.
(Richmond and Danville No. 235.KO
615,950
Huntingdon and Broad Top*.... 50
212.350 Jan. & July.
do
'
do
pref. 50
Feb. & Aug.
25,273,8(H1
Illinois Central. No. 248
1(H)
M ar. & Sept.
Indianapolis, Cin. A Lafayette.. 50 6,185,897 Jan. A July.
Jeffersonville, Mad. A ln.'Xo.227100 2,’•00,000
5,072,500
Kansas Paeilie
..
l,335 .(H HI
Lackawanna and Bloomsburg .. 50
Feb .& Aug.
35,000,0(H)
LakeSlio.A Midi. South. No.255.1(H)
8,739,siH) May & Nov.
Lehigh and Susquehanna
50 17,716,100
Quarterly.
Lehigh Valley, No. 255
50
Little Miami, No. 217
50j 3,572.4(H) Quarterly.
2,646,100
i
Jan.
& July.
Little Schuylkill.* No. 255
50
Long Island, No. 252.
50] 3,000,(XH) | Jan. & July.
848,7'H)
Louisv,, Cin. it Lex., prf No. 27(5 JO
do
50! 1,623.481 Jan. & July.
c mni'"'
Louisville and Nashville No. 2S1100j 8,681,5(H) Feb. & Aug.
Louisville, New’Alb. it Chicago. 00 2,800,000
100i 2,5(H),iHH) Jan. & July.
Macon and Western
Maine Central ...:
100} 1,611,5(H) Mar. & Sept.
8,130,719
Marietta it Cin., 1st prl. No.250 150
2d pref. .150] 4,460,368 Mar. it Sept.
do
do
Rate.
Dec., '70
No. 255... 5<)|
Philadel., Wilming. A Baltimore 50
Pittsb. A Connellsville, No. 255.. 50! i V)3'>‘>6
Pittsb., Cin. A St. Louis,No.255. 50] 2Y’: (HH)
do
do
do
prei. :(>| 3 000 00
Pitts., Ft.W. & C. guar*. No. 249.11X0 ioV.Cf>V)fH»
Quarterly.
Portland & Kennebec, No.253* .KH»] ’ r>Sl
>81 J(H>
1(M) Jan. A- July.
do
Yarmouth stock certificK'O]
20*>. ion April A Oct.
Portland, Saco it Ports No. 276.110] 1,500.MO June^A Dec.
Providence & Worees., Jan. 21..100] 2,0fH\(HH) Jan. A T'Jv.
(Rensselaer A Saratoga, No. 252 .1(H)] O.IHHHHHI Apr’
48,378,740
2.085,925 Jan. A July.
50!
DM)
100
Phil a.. Ger. A Norris.,*
3>i
Feb.',"’71
4,959.020 Jan. & July.
2.488,757
482.4(H) Feb. «t Aug.
3,7!1,K 6
7,(HH),(HH) Jan. it July.
83,493,8; 2 May it Nov.
6 .(H) 1,200 Jati. it July.
2.400,1 HX) Jan. A July.
30.401.6(H) Jan. it July
1,099.120 Feb. A Aug.
1,597.‘*50 April A Oct.
ii’kon’gL) Jan. A July.
No. 244
50]
Philadelphia and Erie,* No. 255. 50
do
do pref
50]
Philadelphia and Read. Feb. 11. 50
A
No.
255..
.100}
Philadel.,
Trenton.*
5
5
Dec.,’70
.
-
Pennsylvania
T
Dec., ’TO
Dec., ’TO
Dec., ’70
5,432,(XHl ;Feb. & Aug.
No. 263., 50
50 1,107,291
Delaw are, Lack. A: West. No. 255. 50 16,27 7,5(H)
452.350
Detroit and Milwaukee, No. 249. r-0
Dayton ami Michigan*
Delaware*.
4
5
3
May, ’70
.
Missouri) No. 256
3K
~T\
Dec., ’7')
and Syracuse,* No. 252
Pacific (Ol
Panama, No. 275
4
5
Jan.7’71
377, HH)
731,2(H)
915,577 Jan. & July.
1,159.500
2,2(HI,(HH) May A Nov.
KHij
50
50
.1(H>
281..KHHH'
50
.
I Oswego
■y
’70
’71
’70
’70
Oct., ’70
Sept
Jan.,
Dec.,
Oct.,
937,850
Chicago and Alton. No. 243
1(H)
do
do preferred... .1(N)
Chic., Burling. A Quincy. No.268.1(H)!-17.590,000
Chicago. Iowa and Nebraska*..
1,000,000
lllnpui/n urwl VnrMi lUPklV(\ ‘,*’73
1li(‘ 14,676,629
273.100
Chicago and Northwest. No.
do
do
pref.... 1(H) • 20,3 i(),293
,<HHI,000
Ubic., Koek Is. A Pae No. 263.. 1(H),
3,.')"(),(HH)
Cin., Ilamiltoji A Day tonXo.263.1(H)
382,600
Cin., Riclini. A Chicago*Nb.263. 50
Cinciu., Sand. A Clev., No. 278.. 50 2,9‘>7,8(H»
428,646
do
do
do pref. 501
1,676,315
Cincinnati A Zanesville, No. 2i6 50
11,620,000
Clev., Col.,Ciu.cA Ind. No. 253.. l(Hi|
Cleveland A Mahoning.* No. ‘47. 50j 2,056,750.
Cleveland and Pittsburg, Jan. 28 50] 7,491,58.8
Colmtj., Chic. & In. Ceil. ’No. 247.100 ll.KHQHH)
Columbus and Xenia*.
Concord
Concord and Portsmouth
Bonn A Passu vspsic. pi. No.
Connecticut River. Jan. 21
Cumberland Valley, No. 253
Last paid.
Periods.
Date.
Old Colonv it Npvjmrt, Jan. 21. l(*'|
•Orange, Alexan. A Manass
1(H)
....
■•
.
do
ptanding
DIVIDEND.
PAID
|
Central Ohio
explanation of Unstable,'
Raihrai/ Monitor, on thepre-j
ceding page.
Rate.
Date.
First div.
3,355,000
2,241,23(1 Jan. A J uly.
3.691.200
Atlantic and Cult
•••
• v,
2,494,900 Mar. ife Sep.
Atlan. A St. Lawrence* No. L>. J
1.232.200 plan. & duly.
Atlanta and West Point. N o. 219.. 1W
733,700 June & Dec.
Augusta and Savannah*
..1U0
April & Oct.
Baltimore and Ohio. No 250
U|0 ^1.267,^2
April A Oct.
.100!
1,650.00(1
Washington Branch*....
50
7,239,531
Parkersburg Branch
.100]
000,000 Quarterly.
Berkshire, Jan. 21....
..UHl! 19,411,6(H) Jan. A July.
Boston and Albany, Jan. 21.
l(H)i
800,000 May A Nov.
Bost., Con. & Mont. No. 273..
Boston, Hartford A Erie,No. 247.100}
Jan. & July.
Boston and Lowell, Jan. 21
500
Jan. A July.
Boston and Maine, Jan. 21....*...100
4,4ir,0(H>
Boston and Providence, Jan. 21.100
3,700,(H.H) oan.
Buffalo,New York ahd Eric*... 100
950,000
do
gtock
,
Albany
Camden
|
see
Periods.
ing.
Korafull
paid.
Last
stand¬
lull explanation o.f this table,
hailwuy Monitor ^ on the pre-
COMPANIES.
DIVIDEND.
Stock
COMPANIES.
V .KH'
£ KH*
ST KH1
« ire
l0o
PM.IHK797,3'*U
888. KH)
]
750,(HH) Nov.,’70, semi annual..,.
1,170,000 Nov., 70 ouaiterly
*/°)
75,000
»••••••••
••
HI*
THE
182
[February 11,1871.
CHRONICLE.
Leading Articles from New Vork.
exports of
&.)
c
£
a mm e r c
i a 1 @ i m 10.
The
following table, compiled from Custom. House returns1
exports of leading articles of commerce from the
shows the
York since January 1, 1871, to all the principal
foreign countries, and also the total export of the same articles
port of New
EPITOME.
COMMERCIAL
Piudat Nighp,
February 10, 1871.
general
The condition of the streets has not improved, and
The Trade
activity.
the ice in the harbor is
again
very
O
heavy and troublesome,
for export, prices ranging
lie. for low to fine leaf.
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owe.
duty paid. Manufactured Tobacco is quie*. In Pro¬
visions a good export demand, leading to some speculation,
has prevailed, but the close is rather quiet, with the prices
realized early in the week not fully supported. .Mess Pork
closed at 8^2 75@23 for New and Prime Mess; 822 50@
22 75- an advance in the latter description.
Lard in good
export demand at 13^c. for Prime Steam. Bacon doinobetter in sympathy, but not active; Western long and short
clear, llf@12c. Beef held for an advance, but quiet. But¬
ter and Cheese, though nominally unchanged, are
really
quite unsettled. Tallow has been active and firm.
In Oils the chief feature of the market has been a large
movement in Crude Sperm, early in the week, with' the
price advancing to 81 35, but the Oil market is generally
Naval Stores show a decided advance—Strained
Rosin at 82 65, and Spirits Turpentine 51@52c—mainly
the result of operations in Wilmington.
Petroleum has be¬
come dull and prices have needed to 25c. for Refined an 1
15c. in bulk for Crude.
firm.
Hides are slightly lower for gold, owing mainly to the
recent advance in the premium; dry
Montevideo/22-J-@
23Jc.. gold, and dry Buenos Ayres, 244@25c, gold, with
more doing.
Leather is dull. Skins qmet.
East India Goods have been quiet
an 1
unyhanov'd.
Metals irregular, with more activity reported in Pi<r Iron?
-Wool meets with a brisk demand
and stocks are comparatively small.
at full
‘
uo
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"vessel with.WheV
^
:
prices. ° Receipts
Freights have been dull, and rates for weight have declined :
Liverpool was taken to day at Od. by sail and 7d.
by steam, with C >tton rates weak at 5-10@|j. by sail, and
gtgj7-I6d. by steam. A notable transaction to-day was the
a
I *oS
!«
m
Wheat to
charterjof
•
o$ : : : :
rency-,
th os 3* ir
•'tXMG
.ions
* 3* oo rf
50eo>^.
>>
03 01
c?
3*
r-l
from 7 to 7£c. for lugs and 7f@
Seed Leaf,
^ 25 & g? 5? 3 § rfoiinv}
®.*®®o«eoa t-in ©© rf< tj< ri coui rr S5 35
«Tqo®<2
so"
of in th
30 co ofin
o' to t-TP
coi
^ ™
^
Tf*
OO GO
:
Ol TH
the contrary, has
been more active; the new crop, (1870), begins to come
forward, and the better assortments have attracted th.e atten¬
tion of buyers. The sales embrace 230 cases Pennsylvania
crop of 1870 at 224@25c.; 170 cases Ohio, crop of 1809, on
private terms, and about 120 cases wrappers in various lots,
at 35@05c.
Spanish Tobacco in good demand; sales 90
gma in uuiio, ana ouu bales at 85@8l 02^ cur¬
rtt
03 3* t»
O Tf O
os t-3*
in
greatly delaying shipping operations. It will illustrate,
however, the capacity of New York, as a great market, to
state that since the fall of Paris, there have been purchased
here ostensibly or really tor export, about a hundred thou¬
sand barrels of flour, twenty thousand barrels and tierces of
beef, and eight thousand barrels of pork, sufficient to feed
Paris for three months ; and that this large movement has !
scarcely done more than stiff n prices.
Colton has declined and Middling Uplands close at I5^c.,
with Low Middlings, March to June delivery, at 14§@15c*
Breadstuffs have been active and close somewhat firmer, in
some cases.
Extra State Flour, $6 93@7 10; New Spring
Wheat, 81,54@1 57 ; Mixed Corn, 83@84c.; prime Western
Oats, 67c.
Groceries at a slight decline in Coffees, Sugars and Molasses
have been more active; Rice firmer; an important auction
sale of teas went off at low prices.
Fruits without further
improvement. Fish firm. Whiskey dull. Hops* firmer, on
an export movement.
Hay declining.
Leaf Tobacco has become dull.
Buyers are not disposed
to increase stocks at present prices ; but rather wait for the
new crop to come- forward,
when better assortments will at
least be offered, if no lower p;icas accepted. The sales for
the week have been only about 400 hhds. of which one-half
since January 1
for the last week and
during the past week has not shown
o o
THE CHBONICLE.
1871.]
February 11,
183
!
From the foregoing statement it will be seen that,
compared
with the corresponding week ot last season, there is an increase in
the exports this week of 32,794 bales, while the stocks
to-night are
128,506 bales more 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 Feb. 3, the latest mail dates.
Wa
do not include our telegrams to-night, as we cannot insura the
Imports of Leading Articles.
following table, compiled from Custom House returns,
foreign imports of certain leading articles of commerce
this'port for the last week, since January 1, 1871, and for the
The
shows the
at
corresponding period
in 1870: iu nrivnn in nnptfl
f tt
rrm,A
week,
China, Glass and
EarthenwareChina
Earthenware...
........
Glass
Glassware
Glass plate
Buttons
Blea
827
6,353
55,887
66.776
3,868
1,152
1,887
1, 54
3,258
3,687
1,139
1,50.)
710
900
354
825
291)
1,169
Cochineal
Cream Tartar..
Gambier
Gums, crude—
Gum, Arabic...
Flax
Furs
Gunny
‘.12
47
1,205
130
201
22,000
8,358
9,411
5.100
417
300
8-16
1 83 u
25'
550
529
612
16,934
9,144
5.511
Hair
bales
.
Steel
5,296
C
47
175
Watches
Molasses
10,187
87,987
135,839
5,127
324
98
Wines, &c—
Champag’e.bks
’359
23,012
18,444
3,840
3,245
Wines
4,118
207
Wool, bales
report’d
by value—
Cigars
1370.
Virginia
65,522
134
Total last y*>ar
12,632
12,7(0
6,657
$37,843
Fancy goods....
64,041
93,6:3
2,817
19,730
9,689
15,495
101.601
25,348
147,641
63,326
26,655
989,167
4,960
1,748
Fish
Oranges
-
Nuts
143,241
51,980 211.354
171,499 1.468.211
3,813
Raisins
-
Hides undressed
Rice
Spices, &c—
Cassia
265
....
6,909
166,649
13,26 q
Manoganv
685
.-,c
...
....
10,479
20,609
14.437
5,198
5,316
3,834
36,295
30,273
6,367
15,889
17,831
2,034
Logwood
7,360
8,244
65,1 ?0
8,006
Receipts of Domestic Produce for tlie Week and s ince
January 1.
The receipts of domestic produce for tlie week and since Jan. 1,
and for the same time in 1870, have been as follows :
Ashes... pkgs.
125
720
Wheat .bus.
Corn
53,461
33,152
11*,616
337,105
283,561
591,821
215,851
Breadstuff’s—
Flour .bbls.
22,013
Oats
meal.bills
Cotton, bales.
..bales.
Hides ....No.
Hops.. .bales.
Leather .sides
Molasses bbls.
Nava: Stores-
Rosin
Tar
Cheese
Cutmeats
210,706;
949|
Eggs
632 [
Pork
30U
4,196
21.620
33 5 )4
10
177,056
17,221
381
54.842
4,618
56,085
5,266
320,508
29,213
4,9(36
4,694
8,750
Beef, pkgs
Lard, nkgs
42.2131
Lard, kegs
128,903 Rice, pkgs
27,972
16,006;
190
64
1
...1
('r/turpJib'.
Spirits turp.
.
124.9S11
O.
Hemp
954j
40,933
46,669
28,573
2,591
.
589
18,804
251
1,502
4,815
58,314
1,107
30,825!
v
Since
Same
Jan. 1. time ’70
320
2,571
322
283
3,357
15,547
13,246
8,982
6,428
61,537
62,84o
37,'ill
8,702
1,908
8,693
45,021
14,961
43,535
23,69s
19,970
10,287
23 873
19,062
3,288
2.941
19,007
2,072
54,592
2,827
4,351
21,449
1,901
8,982
920
3,749
2,511
12,035
3,225
6,(08
260
1.483
693
1,506
357
14.824
63,128;
42,989
20
201,251! 144,990
2,133
11,940
2319,556
ing
the closing quotations
are
was
per
lb.
Good Ordinary
Low Middling
107
Middling
618,175
551,289 531,039
974.726
181.206
:
12%®....
12%®....
14%®....
14%®....
15%®....
16%®....
®....
New
Orleans.
Mobile.
13%®....
14%@
15%®....
16
Good Middling
1,209
9,059
9,033
9,109
58,833
48,548
rseiow we.give me twui
this market each
Texas.
.
13%®...
14%®...
15%®...
13%®....
14%®....
15
®....
16
15%®....
®...
16^®...
16%®....
Kjulvw
wf wvV.1
/«lv«
-
wl
day of the past week
Total
sales.
3,179
10,1871.
1870.
67,666
51,301
19.762
9.588
7.345
Florida
North Carolina
5,960
Virginia
27,007
8,680
12,786
11.469
6,050
7,3791
Total receipts
Increase this year
|
For February,
bales.
cts.
2,109
900
5,100
1.933
6,521
98,544
Contin’t
G. Brit
New Orleans
21.963
Mobile
8,530
6.090
Charleston
Savannah
8,an
Texas
6,398
New York
14,836
1,626
Other p0'rt9............V
85,361
4,507
10,597
12,593
9,402
17,323
1,626
10,ii2
27,673
95,982
..258,250
1(604*993
63,188
1037,914
3.782
3,001
2,987
63.309
•
31,601
12,452
13,393
8.580
9
6,094
2,920
1871.
1870.
260,249
80,200
86,674
96,727
61,744
93,000
33,000
224.727
661,594
533,088
65,232
24,261
68,606
40.703
79,559
50,000
••
•
®....
Low'
Middling.
14%®....
14%®....
14%®....
14%®....
14%®....
14%®....
14%®....
14%®..
14
®....
13%®....
13%®....
13%®....
14 11-16
500
UX
For March.
400
14 9-16
3,800
1,600
7.000
1,200
14%
bale-!.
2,400....
100....
•
Middll g
15%®...
15%® ..
15%®.
..
15%®....
15%®....
15%®....
...14
15-16
•
....15%
15
13,900 total April.
li.000 total March.
For April.
400....
For
300.
2.400.
3,600.
2,400....
800.... ....14 13-16
14%
1,900....
1,700.... ....14 15-16
15
5,000
14 11-10
100....
143( 1
200....
...
15 1-32
15 1-16
14 13-io
11,700 total May.
1
For June.
May.
14% |
1415-16 |
200
400
15
700.
15 1-16
1,500.
15%
1,300.
15% '
15 3-16
4a).
600 buyers’ optiO;i
15%
1,600
1,100
1
(
15
P-1.
P-t.
15
15%
3-16
15%
3,300 total June.
For
200
July.
week of free on hoard have reached
of these sales are as below:
following exchanges
%c.
15%
15%
100.
cts.
.15 5-16
bales.
400..
500..
cts.
bales
1,300.
1,500
Tlie sales during the
hales. The particulars
100 f. o. b. Charleston
900
“
Mobile
The
cts.
.15
1,600
100 f. o. b. Savannah
500 “
New Orleans
p. t.
p.t#
have been made during tbe week :
paid to exchange 100 Feb.
for ICO May.
telegrams to-night
during a portion of the
Weather Reports by Telegraph.—Our
indicate continued rains over the South
Stock.
Total this Same w’k
1870.
week.
14%
400
....
for the week ending this evening reach a total of
95,982 bales, of which 68,309 were to Great Britain, and 27,673
to the Continent, while the stocks at all the ports, as made
up this evening, are now 661,594 bales.
Below we give the ex¬
ports and stocks for the week, and also for the corresponding week
of last season, as telegraphed to us from the various ports to-night.
Exported to—
.14*
14 9-16
9,000 total Feb’y.
1,879
161,095
62,551
13
12%®....
12%@....
12%®....
12%®....
12%®....
Good
Ordinary.
hoard,)
low middling or on
of the
814
12,913
3 354
Ordinary.
For forward delivery the sales (including 1,600 free on
have reached during the week 57,700 hales (all
the basis of low middling), and the fDllowing is a statement
sales and prices:
536
—bales.
2,94?
S,792
I
Friday
1870.
1871.
Rec’d this week at—
4,230
2,035
Tuesday.
The exports
694,883
229,083 1409,011
almost
week
951
1871.
1,246,743
1,494
3,812
•,978
21,000
improvement in tone.
of the
Ordinary
1,335
RECEIPTS
i.».
"ii
58,296
192,142
73,034
40,077
94,801
62,418
84,000
4,383
RECEIPTS
Total.
Total since Sept.
9,085
1178,434
Florida.
special telegrams received by us to-night from the
Southern ports, we are in possession of the returns showing tlie
receipts, exports, &c., of cotton for the week ending this evening
February 10. From the figures thus obtained it appears that tlie
total receipts for tlie seven days have reached 161,095 bales against
154,482 bales last week, 150,800 bales the previous week, and 146,887
bales three weeks since, making the total receipts since the first of
September, 1870, 2,510,651 bales against 1,933,834 bales for the same
period of 1869, showing an increase since September 1 this year of
576,817 bales. The details of the receipts for this week (as per
telegraph) and tlie corresponding week of 1870 are as follows :
Week ending Feb. 10..
21,336
20
Upland and
by
hales
181.037
229,059
fie OTi.
4,000
Friday, P. M., Feb.
New Orleans
Mobile
Charleston
Savannah
Texas
Tennessee. &c
118,755
2.133
21.02;
*
....! 1835.733 634,108 159,412
.
COTTON.
Rac’d this week at—
34,452
....
102.926
19.876
122,946 497,627
15,727 137,429
97,669
13,159
43,472 260,743
4,831
54.696
19,863 387,669
87,790
18,655
7,928
473
Starch
Stearine.
6,929
11.926
5
5,0931 Sugar, lihd8., &c..
357,873! Tallow, pkgs
9.183 Tobacco, pkgs...
Tobacco, lihds...
151
WnlsKey, uuia....
6,406 Wool, bales
47,674 Dressed hogs No.
5.1
Pitch.,
This
week.
Oil cake, pkgs....
Oil, lard
:2 47,183! Peanuts, bags..
256,98 L ] Provisions—
121,285
Butter, pkgs....
40)
Rye
Barley, &c..
Grass seed
beans
Peas
!
Same
time ’50.
Since
Jan. 1.
This
week.
1,494
Steek.
ern
Ports.
This depression in the earlier days
entirely due to the extremely large
receipts at the ports leading to a very general acceptance of larger
estimates of the total crop, and causing depression and lower
Saturday last there was an advance of -£c.,
prices at Liverpool.
and the market closed firm, but Monday this improvement was
lost.
Tuesday and Wednesday there was a further decline of ^c.
each day, hut since then there has been no change in prices, and the
feeling on the market has become better as the belief has gained
strength that the present armistice in Europe will lead to peace.
Offerings have been equal to the demand, but tlie assortment is
poor, good grades being scarce, and to obtain an even running
line of fine quality something over present rates would probably
have to be paid. For forward delivery the decline during the week
has been about the same as for spot cotton, with the sales large.
To-day at the opening there was an advance of l-16c., which was,
however, subsequently lost, and the close was, for February, 14f ;
March, 14f; April, 14£; May, 14 15-16; June, 15.' The total
sales of this description for the week, (including 1,600 bales
free, on board, but not including bales “Exchanged”) have been
57,700 bales.
For immediate delivery the total sales foot up
this week 19,530 bales, including 2,008 bales to arrive, of which
4,327 bales were taken by spinners, 1,038 bales on speculation,
14,065 bales for export, and 69 bales in transit.
The follow¬
some
76,129
20,243
Woods—
Cork
Fustic
657,414 373,187
North-
The market for the past week lias not been satisfactory—the
business has been small and prices l ave gradually weakened, the
close to-night being about ^c. off from last Friday—with, however,
Fruits, &c—
Lemons
1869.
j
39,129!
Total thisyear
1 TO—
Great
Other
Britain France Forign Total.
5.760}
Other ports
94.858
4,075
141,491
5,045
50,703
$ 3,372
1,203
Corks
32,159
EXPORTED SINCE SEPT.
262,810 220.637 121,702
251.637 170,392
84,510
525,580 352,957 217,271
134,514 134,049
49,865
106,970 ; 62,999 317,806
New York
Florida
North Carolina
21,433
by telegraph.
necessary
SETT-l.
756,997'
New Orleans
Mobile
Charleston
Savannah
Texas
Articles
105
-
16.6U5
11,515
29,593
36,155
Tea
Tobacco
Wasie..
339
63,356
1,427
33,926
347.970
SINCE
PORTS.
458
707
38,658
427,3S4
1,691
Ginger
Pepper
112 Saltpetre
415
obtain the detail
accuracy or
10,308
57,214
60,216
918,443 2,899,150
12,168
10,447
4,472
11,417
2,105
3,680
7,220
5,106
Jewelry
60,670
bags
59
5,194
Linseed
10,964
9,119
165,840
1,764
& bbls
57
Hides, &c—
Bristles
Hides, dressed.
India rubber
Ivory
Jeweiery, &c—
527
302
Sugars, boxes &
44
2,3oc
cloth
Spelter
61
255
954
292
'362
,
Hemp,
452
366
1,229
224
Indigo
Madder
Oils, essential..
Oil, Olive
Opium
Soda, bi-carb...
Soda, sal
Soda, ash
S2
12
....
Iron, HR bars.
Lead, pigs
81
550
powders..
Hardware
Same
time
1870.
RECEIPTS
Metals, &c—
Cutlery, .—
Tin, boxes
Tin slabs, lbs..
l,722i
2,409 Rag#
101,458 Sugar, libels, tee
1,4.9
Brimstone, tons
Since
Jan. 1,
week.
1871.
646
106,627
Peruvian
1 Vi onnr ? a a onnnifin/1 1
For
the
2,920
8,326
9i
bags
Coffee, bags
Cotton bales....
Drugs, &c.
Cocoa,
Bark,
1,009
319
Coal, tons
wVion nnt
Same
time
1870.
Since
Jan. 1,
1871.
For
the
cr&n
half the week. At
Savannah, Colum¬
bus Macon and Augusta, Georgia, and at Charleston and Nash
The thermometer has
ville it has rained from two to three days.
averaged at Charleston 52, Mobile 59, Montgomery and Macon 53,
Columbus 54 and Memphis 49. Our correspondents at Memphis
say that about three-quarters of the crop in that vicinity has been
past week. At Mobile it lias rained more than
Selina and Montgomery of the same state, and
marketed.
Cotton Planting- in the
6481
South
Cotton Spinning in
and
Europe.^—We give in our editorial columns a valuable communi¬
cation from a contributor whose initials are well known to the
trade, and whose opinion will always carry with. it great
And yet
there
weight
points with which we cannot entirely
are some
agree.
First. We do not believe that it is
tell them to put as
[February 11,1871
CHRONICLE
THE
184
good advice to the planters to
much land into cotton this year as last year. If
they can plant and raise it so that they w'ill be able to accept
5l@6d. per pound in Liverpool, and still secure a profit, then we
would certainly feel that they were safe in taking that course.
But if they hire their labor at the same rates given the last season,
1871.
Stock in Liverpool
bales.
Stock in London
Stock in Glasgow
Stock in Havre
Stock in Marseilles
Stock in Bremen
Stock rest of Continent
Afloat for Great Britain (American)
Afloat for France (American and Brazil)..
Total Indian cotton afloat for Europe
Stock in United States ports
Stock in inland towns
1870.
610,000
*352,000
75,322
106,593
300
300
44,700
6,600
5,500
25,000
85,450
6,100
4,500
35,000
379,000
1,318 *
177,000
32,149
103,399
533,088
89,107
661,594
129,066
108,836
1,544^415
2,027,479
indicate
an
increase
in
the
cotton
in
sight
to-night
and pay as much for the other expenses of cultivation, and find
of 488,082 bales compared with the same date of 1869.
next September that they have raised 4,000,000 bales of cotton, at
The exports of cotton this week from New Tork show an in¬
a cost of 5£d. on the plantation, and they can only get 5£d. at
crease since last week, the total reaching 18,909 bales, against 14,Liverpool, the consequence clearly is they are ruined, and the 027 bales last week. Below we give our table showing the ex¬
commission mercliauts who made the advances go down with ports of cotton from New York, and their direction for each of the
last four weeks ; also the total exports and direction since Sept. 1,
them.
We illustrated the result of an over supply of cotton, in 1870; and in the last column the total for the same period of the
the table we gave last week, and which we repeat below, showing previous year :
the average price of middling uplands at Liverpool for a series of ExporiNofCotton(i>aIe«i) from New York wince Sept. 1, 1870
years
before the war :
..
..
This table shows us
that
1853....
1854,...
1855....
1856
we must
oversupplied.
the market is
-5fd.
•.5fd.
.5fd.
.
.
.
.6ci.
1857.
1858.
1859.
1860.
.7id.
EXPORTED TO
.6±d.
6ld.
.54d.
expect low figures to rule if
“
Montgomery.
Selma
Mem pliis
Nashville.
..
..
..
..
..
.
..
1,837
2,604
2.995
2,885
18,979
4,116
39,547
2,221
2,168
3,102
2,555
16,422
3,045
7,584
1,066
1,156
1,897
1,015
10,836
2,895
5,761
2,035
13,460
17,165
12,925
7,835
29,491
5,165
34,814 129,066
21,958
16,745
108,836
13,205
16,667
10,498
10,775
48,969
2,306
1,330
2,041
984
17,726 312,268 155,705
5,533
381
17,726 317,806
156,086
....
13,794
13,641
8,611
....
....
0
Total French
1,100
Hamburg
692
388
1,792
388
Other ports
Total to N. Europe
.
336
Spain, Oporto and Gibraltar &c
5,381
14,970
2,582
1,183
17,646
35,284
•
•
2,215
•
2
1,809
..
2,217
1,809
18,909 337,669 201.793
14.027
14.1S-2
16.825
.
....
....
....
—
Grand Total
661
....
....
Total Spain, etc.
7.177
5,083
•
All others
17,732
522
225
161
•1
8,614
••
....
—
3
....
....
—
....
....
Bremen and Hanover
The following are the receipts of cotton at New York,
Philadelphia and Baltimore for the last week, and since
Boston*
Sept. 1*
1869:
j
BOSTON.
NEW YORK.
Philadelphia!
RECEIPTS FROM-
This
week.
New Orleans...
Texas
Savannah
Mobile
Florida
C oia.iL
Owi vllna
.
Virginia
North’rn Ports..
Tennessee. &c..
,Since
This
Sept. 1.
week.
3,125
77,083
1.128
17,648.
5.335-
79
i.yw
2,137
.
■
920 :
8,489
10.650
Total last year..
This
week.
Since
Sept
1.1
BALTIMORE.
Since
j Since j This
Sept 1.1 week. Sept 1.
!
10.916'
1,036;
1,330 23.062,
3,588
j
354!
3,128
529
10,063;
....
....
392
1,008
43,942
65
127.349
9.524
2,583
279
29.721.
1,344
44.193'
525
10,667 j
117,620
f
!
31.965
636,511
19,167
449,479 i
...
4,544
3,430
86
267
j
i
10,905
....
8,672
3,652
1,960 36,407
412
46
'
40 j
....
701
910
9,122
85]
....
{
:
r
93
104.576
Foreign
Total this year
2,067
136.539,
'250
North Carolina.
21,476
....
•
1
_
7,914 124,555'
8,431
114,651!
1,976
30,327
1,894 31,562
| 3,595
I
81,198
3,672 65,373
News.—The exports of cotton from the United states the
past week, a« per latest mail returns, have reach*d 81638 bales. So
jar as the Southern porta are concerned, these are the same exports
Shipping
reported bv telegraph, and published in the CoaoNiCLE last Fri¬
day, except Galveston, and the figures for that port are the exports for
two weeks back.
With regard to New York, we include the manifests
up to last Saturday night:
Total bales.
New York—To
Liverpool,
per
steamers City of London, 1,254
To Hamburg, per steamer Holsatia, 522..
To Antwerp, per barks Erna, 31
Seaman, 630
New Orleans—To Liverpool, per steamers St. Louis,
ending Feb. 10, 1871.-^Week ending Feb. 10, 1870-Receipts. Shipments. Stock. Receipts. Shipments. Stock.
5 301
21,368
22,795
6,131
3,093
2,288
..
)>rev.
year.
date
4.
Hftvro,..
Other French ports
Week
..
-
....
Total to Gt. Britain. 15,033
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night and for the correspond¬
ing week of 1870:
Macon.......
to
Feb.
13,794 13,641
15,033
Liverpool
Other British Ports
Movements of Cotton at the Interior Ports.—Below we
Columbus..
21.
Same
time
Total
Jan.
23.
Jan.
Jan.
14.
The consumption of cotton cannot
largely increased next year over the capacity of this year,
except by building new mills, and that is the work of months at
least, and in the meantime the planter has sold his crop at a loss.
Hence we think it is the part of wisdom both for the planters and
the commission merchants to let the extent of planting depend
upon the price ot labor, keeping in mind always that they must not
expect to market the next crop, if a large one, at a higher figure than
54@0d. at Liverpool. It is a very good idea to drive out foreign
competition with low prices, but if we ruin ourselves in the opera¬
tion, it does not seem to us desirable.
Second. Nor can we give entire assent to the proposition that
the consumption of Great Britain cannot exceed 12 per cent
increase over last year.
We look for 16@18 per cent increase
if the goods can be disposed of; that is to say, we think Great
Britain’s capacity is equal to that figure, and that her mills are
now running at that increased rate.
The weak point in cotton
now is the accumulation of goods in India and China, and the doubt
which exists whether, even at the present low rates, they will be
"distributed. But this question of consumption is becoming one of
minor importance, in view of the large crop which has been raised.
If prices have reached a low enough point to prevent free ship
ments from India, then the inquiry as to the possible consumption
of Europe will come in with much force.
Gunny Bags, Bagging, &c—There has been a better feeling
in the cloth market the past week, the trade having shown more
disposition to stock up, but the close is atrain
»metj since our insi are xou Dales to arrive per
Stratton Audly,
and 250 per “ Tantalon Castle,” both at 12^c. gold, in bond.
Holders ask 12^c. gold in bond to arrive, and 18£@19c. currency,
duty paid, for native, and 19c. for domestic. Bags are dull and
nominal at 16(ul7c. currency.
Hemp is quiet; no sales of Manila
are reported; in coin the quotation is about 10d@l0£ ; 600 bags
Jute is dull and without change
Tampico sold on private terms.
in price.
Jute Butts continue in active request, and sales are re¬
ported ot 600 bales on spot here at 4c., and 1,000 bales to arrive at
3^c. In Boston early this week 1,000 bales were sold to arrive at 3|;
later, 511 bales per “ Remington,” 625 bales (exchanged) per
Flying Foam,” and 500 bales per “ Prince Patrick,” all at 3$c.,
currency ; 350 bales to arrive per “ Prince Patrick,” at 3£c., gold,
650 bales per “ Manchester,” on private terms, and from store 500
bales at 4c., currency, duty paid.
..
e ND1NU
•
be
Augusta
.....
WEEK
1849...
.5|d.
1850... ...7K
1851...
.5fd.
1852... ...5fd.
4fd.
4fd.
6fd.
4fd.
Total
These figures
3,913
per
Hol-
ship
Blackwell. 3,576
To Cork, for orders, per bark Marblehead, 1,707
To Bremen, per ship Meggie, 2.542
To Barcelona, per brigs Maria Angela Seusat, 630
Maria Rosa, 460..
To Vera Cruz, per steamer Tabasco, 515..' .per brig J. M. Burns, 402...
per schooner Veloz Veracruzana, 500 half bales
Mobile—To Liverpool, per ships Ronochan, 3,496
Harmonides, 4,121.
.Oxford. 2,588..........
To Amsterdam, per schooner A Elwood. 1,360
Charleston—To Liverpool, per ships Eliza Everett, 2,358 Upland and
346 Sea Island
John O. Baker. 3,415 Upland, and 178 Sea Island..
To Gibraltar and a market, per schooner Nancv Smith. 1.450 Upland..
To Barcelona, per brigs Prudente, 475 Upland... .Bronte, 312 Upland..
Savannah—To Liverpool, per ships Arran, 3,041 Upland... .Lady Rus¬
...
—
522
661
7,489
1,107
2,542
1,090
1,167.
10,205
1,360
6,297
1.450
787
sell, 1,219 Upland and 200 Sea Island... Shandon. 2,194 Upland
Cheston, 2,747 Upland... .Calliope, 3.535 Upland and 184 Sea
Island... per barks Evening Star. 596 Upland... .Mary Lawton,
we gave it.
2,256 Ur land
Mary G. Reed, 1.794 Upland
per brig Lige
These totals show that the interior stocks have increased during
Houghton, 1,057
18,823
the week 4,756 hales (being now 20,230 hales more than for the
To Cork, for orders, per bark Carl Georg, 959.:
959
Texas—To Liverpool, per barks East Lomond, 1,727
same period of last year), while the aggregate receipts are 17,589
Emerald, 1,628. 3,355
To Amsterdam, per bark J. G. Norwood, 1.170
1,110
:.
bales more, and the shipments 18,069 bales more than for che
Norfolk—To Liverpool, per bark Amoy. 1,571
1,571
corresponding period of 1870.
Baltimore—To Liverpool, per ship Hooley, 1,264
1.264
To Bremen,
Visible Supply of Cotton.—The following table shows the •
per steamer Ohio, 1,438
1,438
Boston—To Liverpool, per steamer Batavia, 55.
55
quantity of cotton in sight at this date of each of the two past sea- j
Oar telegram
have been 4.447
from Nashville last week was incorrect—the receipts should
bales and the shipments 4,608 bales, and the stock the same as
.
Jas.
„
„
—
sons;
l
Total
81,638
arranged in our usual form,
particulars of these shipments,
The
follows:
are as
Liver¬
Cork. Bremen.
pool.
New York... ...17,726
7,489
N. Orleans...
Vera
Cruz.
1,090
1,167
Charleston...
Savannah...
..
Texas
...
Norfolk
...
Baltimore...
’787
959
18,82)3
3,355
1,571
....
....
1,438
1,450
....
....
.
....
....
....
.
....
....
1,170
....
....
-
55
Boston
....
Included in the above are
....
....
—
1,877
3,980
2,666
...66,785
Total
....
....
1,264
..
1,360
....
..
....
13,995
11,565
8,534
19,782
4,525
1,571
2,702
....
....
....
6,297
...
Total.
18,809
2,542
1,707-
...10,205
Mobile
Amster- Gibdam. ralter.
....
....
...
Barce¬
lona.
55
81,638
1,450
2,530
1,167
522 bales from New York to Hamburg and 661 to
Antwerp.
'
Gold,
has fluctuated the
the close was lllf.
Exchange and Freights.—Gold
112£, and
past week between 111£ and
Foreign Exchange market is
firmer. The following were
quotations: London bankers’, long, 109f(rt)109£; short,
110i@110|; Commercial, 109@109&. Freights closed at |@7-16d.
the last
by steam
and 5-16@fd. by sail to Liverpool.
By Telegraph from
Liverpool.—
Feb. 9, 4:30 P. M.—The market has ruled steady to-day, with
Liverpool,
The sales of the week, ending Feb. 3, were
66,000 bales, of which 16,000 bales were for export and 50,000 bales on specu¬
lation. The stock in port was 578,000 bales, of which 255,000 bales are
American.
Jan. 16.
Jan. 20.
Jan. 27.
79,000
7,000
11,000
545,000
88,000
31,000
95,000
19,000
8,000
66,000
16,000
566 000
578,000
255,000
Total sales..
Sales for export
Feb. 3.
most
supported.
Thurs.
Fri
7%@...
.‘..®...
7%®8
®
7%®8
7%®...
®
...®...
are
5,000
247,000
430,000
326,000
377,000
®
®
Markets.—loreference
Indian Uottom
kets.our correspondent in London,
®...
these
to
at about
writing under the date of Jan. 28,
following
Liverpool, Jan. 28.—The
Superfine
$ bbl. $6 00®
6,90®
Extra State—...
Extra
Western, com6 80®
mon to good.
Double Extra Western
7 25®
and St. Louis.
....®
Southern supers..
Southern,
extra and
6 85®
family
...,®
California
Rye Flour, super & extra 5 15®
4 20®
Corn Meal
:
/-Fafr <fc—> /-G’d &- -% —Same date 1869—
Mid.
Fair. Good.
g’d fair
fair.
80
23
20
30 -30 38 -46
23
M.F
Od. G Od. L.Mid. Mid. G. Mid. Mid.F. Md. L.M
^-Ord. & Mid—,
Description.
Sea Island....
....
Inland
Mobile
N.O. & Texas..
The
cotton
8*
7% 7 16-16 88 1-16
8-16*8%
7*
7*
7% 8
8
8%
7%
..
8 5-16
8*
8%
8 9-16 85^
11%
12
11%
12%
1113-16 12
1115-16 12%
12%
following statement shows the prices of middling discriptions of
at this date, compared with the four previous years :
1871.
23d.
1868. 1869. 1870.
Hid, Sealsl’d l8d. 23d. 20d.
Upland.
7%
11% 11%
Mobile..
Orleans.
8
11
11
8%
1867. 1868.
Mid. Pernamb 7%d. ll%d,
Egyptian. 6%
8 1-16
11 13-16 8 3-16
II 15-16 8 5-16
Broach...
Dhollerah
Since
the commencement of the year
tion and for export have been :
the transactions
8%
8%
on
Liverpool, Hull and
on
1871,
bales.
9,4.30
21,150
bales.
21,4DO
100
740
350
1.410
2,970
1,390
5,010
900
200
8,930
83,930
73,040
Brazilian
Egyptian, &c..
West Indian...
Bast Indian
..
Total....
to this date—»
1869,
1870,
spec,
bales.
American
14,880
447,300
658,430
American..bales. 43.230
5,800
Brazilian
2,240
Egyptian
...
...
West Indian.
East Indian.
..
Total.
3,320
5,090
70
20
610
15.830 10,820
53,130
181,010
5.560
16,950
560
210
5,720
31,170
3,970
89,360
3,050 29,700
7,920 94,950
68,080 18,950
1 mports—
To this
TO this
date
This
date
1870.
week
187L
137,874
34.751
300,683
.
American.....
Brazilian
Egyptian
9,114
16,4n7
West Indian..
424
East Indian...
12,527
Total
73,303
3,124,460
■"
Average
121,270
44,240
14,770
9,940
141,400
38,680 23,240
3,640 8,69.)
5,060 3,260
870 2,160
12,620 19,250
weekly
sales.
period
1870.
1871.
1870.
this
year.
4,100
840
Same
331,620 60,870 56,600
—Stocks
Same
Dec. 81,
date
This
1870.
1870.
day.
%
Total.
T-* 00 1- o
902,139
44,920
58,530
27,570
187,740
23,800
180,550
3,252,282
565,880
302,350
378,720
247.120
7,405
390,564
191,737
111,851
19,540
34,004
42,631
7,319
57,829
31,741
21,786
442,466
218,346
109,710
113,670
16,100
33,870
6,260
132,450
1,655,991
28,150
36,510
-Friday P. M.,
The market for Flour and Grain
on one
the past week has been
Flour has arrived but
ble, and closes quite unsettled.
An accident
February 10,1871.
of the Trunk
varia¬
sparingly.
railroads has kept hack supplies.
Extras on Wednesday
and Thursday at $6 80(3)7 00—mainly at $6 85@6 90—but at the
higher figures the demand was freely met, and no decided improve¬
ment could be
quoted. Holders, though firm, were more disposed
There
were
large purchases of Shipping
heretofore, advance
advanced. The medium and better grades of
Flour, $7 and upwards, have beenjdull, and,
to sell when their limits were
prices as bids were
State and Western
1
1
1
1
52®
58®
60®
75®
85®
1 55
1 60
1 80
1 80
84
85®
86
.
.
.
Rye
.
85®
95
1 10® 1 15
68
63®
9 95 Oats
Bariev
Malt
6 00
87® 1 15
.
....
95® 1 15
.
4 70 Peas, Canada
1 15® 1 35
.
EXPORTS FROM NEW YORK.
w
1871.
For the
Since
42,213
1.323
276.981
152,031
121,285
48,880
210,706
,
„
week.
Jan. 1.
27,812
924
195,903
10,742
1,006,907 135,555
8,212
128,562
1,212,257
40,968
Jan. 1.
227.006
week.
49.869
,
1870.
Since
For the
,
,
8,253
....
.
‘9
'
-.
2,634
467
7,454
976
by Mr. E.
the grain
mail dates
RECEliTIB
AX
'
Chicago...
Floor,
bbls.
Wheat,
bush.
(196 IbsA
(60 lbs )
27,178
256,310
8,930
179.501
29,705
13,539
57,665
25,174
20,800
.
Milwaukee
.
Toledo
Detroit....
.
.
Cleveland..
1 Qrra
a
JJJxaxj
5,425*
.
Barley
Oats.
bnsh.
Corn.
bnsh.
bnsh.
Rye,
.
bnsh.
(5«lbP.) i(321b*.) (48 lbs ) (56 lbs.
496,185
21.503
393,370
17,038
18,900
86,586
4,780
42,373
29,291
9,622
13,035
4,947
3,630
2,580
8,263
6,520
7,737
499
....
....
21,061
Totals
Previous week
84,777
539,350
148.502
50,280
404,043
046,996
62.509
104.397
36.765
20,466
Correspond’^ week, ’70.
68,564
74,467
50,806
71,575
406,944
235,318
251,840
184,612
266,222
584,889
561,361
150,481
110,203
45,216
154,695
15,535
52,960
14,988
22,765
’69.
’68.
’67.
“
“
673,489
171,459
51,330
21,912
8,371
10,171
♦Estimated.
Comparative
4, inclusive, for
Receipts at the same
four years :
Flour,'bbls
Wheat, bush
...
Corn, bush
309,940
690,799
315,020
2,164,040
1,838,403
2,621,085
3,190,646
1,009,455
1,311,632
3,815,976
188,0)18
133,163
812,661
206.148
89,022
67,211
183,114
75,501
6,213,783
8,735,020
7,139,463
Barley, bnsh
Rye, bush
...
1868-69.
1867-68.
2,524,103
2,607,846
3,235,068
2,619,610
bushels. 27,571,079
13,669,100
29.232,270
14,364,613
8,076,660
2,088,240
25.034,632
15,409,670
14,061,391
2,382,802
'896,584
1,724,271
25,386,672
17,151,311
11,613,511
1,631,362
1,223,079
54,658,357
59,612,766
57,005,935
9,912,892
Total
:
4,019,737
1,011,827
grain, bushels
56,184,635
SHIPMENTS FROM
CHICAGO, MILWAUKEE.
FOR
WEEK ENDiNG
Fb»nr,
met, and not, as
MiIp
Week
Week
Feb. 4, for four years:
1869-70.
Oats
Barley
Rye
TOLEDO AND CLEVELAND
4, 1871.
FED.
Wheat,
Corn,
bush.
bush.
45,583 385,049
ending Feb. 4, ’71.57,478
459.9.42
31,■504
ending iti. 28, ’71.61,.05
Week ending Feb.
6,222,00 g
1870-71.
bbls.
Corn
684,872
1, to and including
Flour
Wheat
956,496
164,723
550,367
grain, bush—.
1868.
1869.
1870.
Oats, bush
Total
1 to Feb.
315,405
2,935,691
...
ports from Jan.
1871.
-
And from August
8READSTUFFS.
.
.
White
....
949
124.981
215,851
22,013
At
29,894
Total
“
.
Corn, Western Mix’d
9 25 Yellow, new
247,188
40,933
5,*00
for
evening
*
Sales this week.
Ex- SpeculaTrade. port. "tion. Total.
21,620
283,761
591,826
400
..
.
The following tables, prepared for The Chronicle
H. Walker, of the New York Produce Exchange, show
in sight and the movement of breadstuff’s to the latest
142.700
1C5,UOU
The following statement shows the sales and imports of cotton
the week and year, and also the stocks on hand on Thursday
last:
SALES, ETC., OP ALL DESCRIPTIONS.
•
meal, “
4,196
Wheat, bush 33,152
Corn,
“ 118,616
“
Rye,
....
Barley, «fec “
4,900
Oats
u.K.ir.
1870.
bales.
15,530
11,842
337,107
C.
Aetna!
exp’t from
293
220
345
74
172
53,462
Flour, bbls..
6%
5%
specula¬
Jffl
2,685
102,650
68,080
19.550
other outports
to this date—,
1871.
1870.
bales.
bales.
7 10
—1871.
,
Same
For the
Since time Jan.
1. 1870.
week.
Jan. 1.
/—Actual export from
/-Taken
7 10
/
ll%d. 8
11
6%
ll
8%
8%
5%
5%
Red Winter
Amber do
White
White California
6 60
RECEIPTS AT NEW YORK.
,
1870
1869.
.$1 44®, 1 56
Wheat, Spring, bush
Flour—
the prices of American
are
comparatively light, and receipts small, at all points.
the closing quotations :
The following are
mm-
states:
Cotton
dull accounts from Liverpool which left
of the trade, but the depression has been
decided in Mixed and Yellow, White having been pretty well
Corn has declined under
the market in the hands
Wed.
Up. toarnve. ...®
and
•
„
7%®...
Orleans.. 8 ®... 7%®8
TT
E'tropkan
market.
Tuee.
300,000
290,000
Sat.
!
shippers reported their limits greatly
while the pressure to sell
increased. Speculators stepped forward to support the market
but prices gradually yielded until Red Spring sold at $1 51(3)1 53 ;
but at this point the speculative purchases were increased, and
some exporters began
to bring moderately forward by lower
freights. There is consequently a reaction, and new Spring sold
to-day at $1 54(3)1 56; Liverpool, by the absence of published
advices, being privately reported better, but it is thought the
movement is part of an effort to advance prices in the Chicago
Wheat has been excited ;
reduced, and millers did very little,
7%®7%
572,000
264,000
374,000
285,000
234.000
Uplands. 7 %®...
firm.
Mon
6,000
following table will show the daily closing prices of cotton for the week:
Price Mid.
was
7%®7 %
Total stock.,
Stock of American..
Total afloat..
American afloat.
The
and the close
Rye has been dull and drooping. Barley moved off pretty freely^
steady prices; two rowed State, 87@92c.; Western and
Canadian, $1(3)1 15. Barley Malt steady.
Oats have been active at a steady advance, and to-day prime
boat-loads of Chicago and Toledo sold at 66|@67c. afloat.
Stocks
speculation.
Sales on
prices irregular and drooping. Southern flours of the low
grades have been more active, and are a shade firmer. Rye Flour
and Corn Meal continue dull.
To-day the whole FlOur market
was less active, and the demand
for Shipping Extras partially
subsided, but on the large movement of the preceding days hold¬
ers were not disposed to give way, but rather to ask more money,
with
10,000 bales.
gales footing up
185
CHRONICLE.
THE
1871.]
February 11,
5, ’70.67,160
103,177
178,461
Oats,
bush.
42,288
55.671
40,069
Barley,
bush.
6,156
27,652
14,198
l6,751
Rye,
bnsh
<
1,102
.7,190
f February
THE CHRONICLE
186
Comparative Shipments
of flour and grain
1871.
1870.
1869.
bbls.
285,266
306,989
432,426
Wheat/
bush.
179,084
1.467,544
244,810
118,407
15,780
496,866
537,913
137,334
47,156
24,721
420,271
936,350
351,284
2,025,625
1,283,990
1,937,356
Oats...
Barley,
llye...
In store at Albany
In store at Buflalo
In store at Chicago
In store at Milwaukee
In store at Toledo
In store at Detroit
tin store at Oswego
In store at St. Loins
In store at Boston
In store at Toronto
In store at Montreal.,
Corn.
Com.
bush.
2,308.252
230,907
11,291
Jan. 1.
551,409
:
3,218,761 2,340,082
2,254,942
Jan. 28
Jan. 28.
374,449
116,206
Dec.
550,000
.
...
Jan. 1.
tin store at Philadelphia
tin store at Baltimore
Rail shipments for week
Jan.
1.
.
Barley
*504,387
186,753
257,200
33,915
20,157
50,000
86,176
29.882
383.709
50,672
10,376
4.885
82,600
40,156
106,627
5.985
15,155
299,428
203,926
350,000
58,000
175,000
146,520
45,583
380,049
42,288
Total in store and in transit Feb. 4,’71.10,541.552 44
44
Jan. 28,’71..10.706,403
“
44
J;in. 21,’71.10,241,547
44
“
Jan. 14,’71.10,243,497
“
44
Jan. 7,’71.10.623,a54
“
14
Dec. 31, ’70 11,341,193
44
44
Pec. 30,’69.12,423,117
44
“
Dec. 17,’70. 9,450,849
44
44
Dec. 10, ’70 10,095,446
44
44
Dec. 3, ’70. 8,489,857
89.715
618,381
7,955
150,000
894
-
-
34,321
96,541
1,400
private accounts from Europe are said to encourage the belief in a probable
demand from that quarter, while our own jobbers must soon begin to make
good the supplies distributed during the period they have been awaiting fre9h
arrivals. Latest accounts from Rio Janeiro are also considered strong, and
there is said to be very close calculations to find a margin on goods laid down
here at current values.
Ordinary roasting stock, or a nice prime bright
quality are still the favorites, though medium grades meet with a fair outlet.
The other leading coastwise markets have shown a fair degree of animation
and extreme prices were obtained, in some cases relatively higher than at this
100,000
30,000
27,652
The stock of Java in first hands has been increased somewhat by
not large by any means, and holders remain pretty firm
their views, insisting that full figures be bid before entering upon negotia¬
point.
recent arrivals, but is
in
Buyers, however, appear quite as indifferent and the call has not been
sharp, except for the ordinary lots from second hands.' West India
descriptions are in a somewhat doubtful state, scarcely any business doing in
large invoices, and indeed no great demand appearing except for the St.
Domingo suited to European markets. Holders, however, express themselves
full as confident as before, and few can be found placing their samples on the
market in search of an outlet. Sales of .21,428 bags Rio; 1,239 bags Santos ;
tions.
1,776,487 3,089,952 1,666,579
3.456,241 3,176.922 1,633,186
2,768,183 8.245.892 1,649,258
2,731,028 3,229,488 1,738,536
2,379,896 3.477.893 1,873,837
2,088,010 3,058,143 2,832,592
1,712,183 3,055.856 1,528,547
1,868,388 3.187,367 1,735,132
1,775,998 3.637.164 2,889,700
1,687,828 3,281.584 2,234 503
tEstimated.
49 boat loads of Barley afloat in New
of Wheat afloat in Chicago, and 250,000 bush wk eat afloat
weakness, the tone subsequently became
strong again and importers generally seem fully as confident as during the
month of January. All calls are met, to be sure, without any positive demands
for advanced figures, but the stocks keep at a pretty low figure, and the
bush.
1,605,635
Steamers via Aspinlast year.
COFFEE.
developing slight indications |of
11,980
179,885
6,847
25,241
157,066
10,325
69,894
Feb. 1.
Feb. 1.
5,975
248,561
Total.
9,203,691
3,193,195
been rather more active, and though at one time
The market tor Brazils has
27.509
5,905
4,350,447
1,639,214
2,053,858
1,520,333
The indirect importations, including receipts by P. M.
wall, have been 4.283 pkgs. since January 1, against 3,735
Oats,
bush.
18,520
Japan.
2,804,386
33,543
Green..
Black.
stocks in store a
Wheat.
bush.
United States (not
1 to date, in 1871 and lb70:
shows the imports of Tea into the
1871
1870
112,172
117,279
The Visible Sitply of Grain, including
the undermentioned places, February 4,1871:
In store at New York
and 1,762 packages.
The following taD.e
including San Francisco), from January
1868
Flour
31.093 pounds Japan, per “Lady Elizabeth,” from Shanghai; 734.215
pounds Green, and 70,649 pounds Japan, per “Dilpussund,” from Shanghai,
and
from the poets of
from Jan. 1 to Feb.
Chicago, Milwaukee, Toledo and Cleveland,
4, inclusive, for four four years:
11,1871.
very
York, 200.000 bush,
in New York.
2,000 bags Maracaibo; 1.350 bags Savanilla; 200 bags Costa Rica; 200 bags
Curacoa; 1,750 bags St. Domingo, and 5,000 bags the latter shipped from'first
hands. At Baltimore 15,362 bags Rio; at Philadelphia 3,350 bags Laguayra,
and at Boston 15,125 mats Java.
Imports of Rio this week have included the following cargoes: “Ludwig,”
GROCERIES.
Friday
Evening, February 10, 1871.
decided increase of the demand for any
class of goods and in some instances a slight falling off is notice
able, with the general tone of the market for groceries hardly so
firm as heretofore.
The concessions allowed, however, have been
light in all cases and holders appear to lose little if any confidence,
the modifications of values frequently arising merely from the
necessity of realizing on odd parcels from landing cargoes, the
arrivals of some goods showing an increase. Another quieting
influence is the fact that the January purchases and withdrawals
of invoices are now pretty well distributed and it will require
some little time to start up the fresh demand.
Most foreign
are
construed
the
advices
as favorable to
selling interest whether
received from producing districts or points likely to call upon our
market for supplies.
A small commission house is reported to
have failed during the week.
cutnes direct ror consumption, and the withdrawals from
bond, showing together the total thrown on the market for the
There has been no very
per
In Bags.
Stock
Same date
Imports
“
week, were as follows
Green
Japan
9.220 pkgs.
7,057 pkgs.
3,335 pkgs.
Various
8,392 pkgs.
Coffee, Rio.... 13,743 bags.
Java
Maracaibo..
3,224 mats.
:
Laguayra
..
Other
Sugar, Cuba..
Cuba
Porto Rico
1,440 bags.
1,897 bags.
8,809 bxes.
2,451*hhds.
Other.......
729 bags.
bags
Manila,&c,. 7,741 ba,
M7as’es,Cuba .1,335 hh
103*hhds.
agar,
Port
i Rico.
Demerara..
158*hhds
309*hhds
Other
16*
hhds
vvuci
iu imus,
*Hhds. include bbls. and tcs. reduced
1,865 hhds.
...••••
Imports this week have included 2 cargoes of tea, 19,397 bags
Rio, 24,325 mats Java, and 22,859 bags of other kinds of coffee,
-
and good receipts of sugar and molasses, including
Manila sugar.
The stocks in New York at date, and imports at the
13,384 hags
five leading
ports since Jan. 1, 1871, are as follows :
Stocks In New York
at date.
1870.
1871.
Tea
Tea
(indirect import)
Coffee, Rio
coffee, other
Sugar.
Sugar
Sugar
Molasses
pkgs.
bags.
bags.
boxes.
hhds.
bags.hbas.
Imports at leading ports
since January 1.
1871.
9,208,691
lbB.
10,046
30,321
37,275
27,006
46,201
328,407
7.498
245,878
12,138
81,414
47,510
16,127
4,283
1143,984
70,077
1870.
4,791,520
3,735.
166,605
29,233
41,161
36,IPO
20,218
69,873
6,639
25,814
104,457
26,946
TEA.
liberal movement reported in our last gave the trade a fair supply,
in connection with a desire among buyers to await the result of the
public sale has contributed to keep the market in a comparatively quiet con¬
dition. Still there was some call throughout, and a pretty good business
transacted, the wants of buyers as before requiring Oolongs mostly. Prices
are still quoted as quite firm and uniform, and it undoubtedly would be a diffi¬
cult matter to gain any positive concession, but the assortment is larger, prettywell distributed, and would-be purchasers have'a better opportunity for shop¬
The very
and this,
ping around in making selections, which gives them rather more advantage
than previous to the recent arrivals. The line trade has been a little dull,
though a few goods were distributed every day by most of the leading brokers.
The invoice sales embrace 6,180 Greens, 7,250 Oolongs, 700 Sonchongs and 5,000
Japans. The auction sale on Thursday was well attended and on the whole
satisfactory. The fine grades of Japans hardly sold up to expectations, but
the low qualities brought comparatively full prices. The balance of the offer¬
ing contained nothing particularly attractive.
Imports this week have included 29,747 pounds Black, 742,901 pounds Green,,
do., per ”E. IT. Hatfield;” 1,200 bags
New
York.
1870...
..•
Phila-
delpliia.
10,046
46,201
84.350
84.350
14.175
3,550
78,991
in 1870
Baltimore.
21.979
30.554
42,694
New
Savan.&
Gal¬
Orleans. Mobile. veston.
3,000
4,967
11,007
2.000
9,000
8,000
15.00)
7,5(0
3,000
31,095
Total,
53,499
79,376
143.9*4
1G6.605
3,945
10,800
stock at New York, Feb. 9, and the imports at the several
ports since January 1, 1871, were as follows;
to
x nr}
Tea, black....
steamer “Gulf Stream;” 190 bags
do., per “F. Jameson;” 900 bags do., “per Village Belle;” 913 bags do., per
“Isaac Oliver;” 830 bags do., per “Alfred,” and 14,628 bags of sundries.
The stock of Rio Feb. 9, and the imports since January 1,1871, are as lollows:
Of other Borts the
In
/—New York-N Boston
stock, import. import.
t 200
*24,235
*8,840
bags
5,518
14,150
import, import
TT
1,610
1,652
16,412
8,129
16,822
30,321
59,121
21,697
t
*
Includes mats, &c., reduced to
bags.
import.
t
t
to
i-i
c o
_
_
#
.
r|M
.
ff
1,159
....
233
.
_
-7
I
12,138
N. Orle’s
c-c.
.
■ftf
714
Laguayra.
Phil ad el. Balt.
O
4*
9,999
714
7,504
...
....
10
23.3
32
....
a
E-i a
70,077
29,233
t Aiao, 51,168 mate.
SUGAR.
The market for raws since our last has been rather slow, and lost tone
considerably, with prices lower and generally lacking strength. Some few
holders still feel confident, and are to a certain extent indifferent operators,
but there is enough willing to realize to keep all outlet supplied, and the
advantage for the time being is with the buyer. An absence of any further very
stimulating advices from Europe and a general contraction of the home demand
both from refiners and the trade have had a slightly weakening effect, but the
main cause of the depression is the appearance of the new
crop from Cuba,
which has come to hand with considerable freedom, and naturally induces
caution among those who have stock to secure, and the policy has been to
regulate purchases as closely as possible to actual wants. Importers have
developed no desire to force business on their fresh receipts, but were willing
to entertain anjr reasonable bids. Quotations have been somewhat irregular
of late, owing to the difference in the qualities^ the old crop being dry and hard,
and commanding about l-16@^c. more than the new sugars, which are wet
and heavy. Domestic goods are still on the market to a moderate extent, and
find a fair sale at about the former average of prices. On rc-fined goods there
has been some irregularity in price, with hards doing a little better than other
grades, but on the whole the tendency was rather downward. The general
demand proved fair, and as the production was moderate, stocks did not
increase, though with few exceptions refiners were enabled to meet most calls.
The transactions in raws include 1,400 hhds. Cuba. 550 hhds. Martinique. 600
hhds. Demerara, 600 hhds. New Orleans, 200 hhds. British clarified, 150 hhds.
various grades, 13,460 boxes Havana,6,000 bags Manila, 3,800 bags Pernambuco,
and| 945 hhds. Melado.
•
Imports at New York, and stock in first hands, Feb. 9, were as follows:
P. Rico,
Cuba,
Other Brazil,Manila,&c,Melaclo
Cuba,
Imports this week...
“
“
since Jan. 1
same
time,’70
Stock in first hands..
Same time 1870
“
'
“
1869
bxs.
11.1Q4
22,482
14,927
37,275
81,414
6.8&S
*hlids.
*hhds.
*hluls.
3,088
6,173
9,589
*550
1,329
7,067
4,467
829
27,006
47.510
15,376
bags.
batrs.
12.666
3,076
47,753
27,000
49,185
328,4^7
245,878
55,246
hhds.
1,854
2,682
3,283
817
41
MOLASSES.
The market for
foreign goods has been a little more active, but not to any
unusual extent, and there is still a lack of interest on the
part of buyers. The
old crop presents no attractions whatever unless offered at ruinously low rates
to present owners, and the receipts of new crop thus far have either came direct
to reflfaers or been held at rates far above bids for the quality, which was mostly
a Mhso© vado not required by either the trade or refiners just" at this season .
The only
the more
THE
1871.]
February U,
outright and positive demand is for choice and fancy grocery goods
so since all the best domestic has disappeared and as soon as anything
acceptable comes on the market a good trade at full prices
Some high testing clayed Cuba would also be acceptable,
may be looked for;
and probably com¬
active, the supply
store, at declining
prices, as the quality is poor and the desire quite general to quit stock at once
We are now receiving mostly frosted lots, and they must be sold low if at all,
rates. Domestic has been only moderately
and receivers pretty free sellers, both from pier and
mand extreme
larger,
hhds Cuba Muscovado (old crop), 100 hhds
transactions embrace 925
The
English Island, &c., and 2,000 bbls New Orleans.
The receipts at New York, and stock in first hands, Feb. 9, were as follows:
P. Rico,
*hhds.
Cuba,
*hhds.
Imports this
••
hands
“
Stock in first
0
same
“
“
“
same
time ’70
time ’69
Imports of Sugar dc
*hhds.
'344
3,711
8,969
time 1870
same
Demerara,
1,053
1,605
886
17
575
584
6,061
12,295
13,508
5,969
25,756
8,149
48
511
59
255
3.512
week
since Jan. 1
*«
N.O
bbls
Other
*hhds
2.5i -
-Molasses. —,
-*Hhds.—-
-Sugar.-
22,432
8,515
10,114
100
New York
Boston
Philadelphia...
Baltimore
New Orleans...
20,303
1.636
6,202
4,242
3,807
....
•Bags
1871.
16,472
1,746
15,981
60,419
2.424
206
2,036
4,869
4,433
4,350
1,791
1871.
1870.
73 385
5,624
997
7,702
13,900
9,470
171
3,820,547 22,238,259
*For Boston.
Rlo?Coffee.— Messrs. Wright & Co’s telegram, dated Rio Janeiro, Jan. 18,
1871, reports: Sales Coffee for United States since Jan. 6, 55,000 bags; ship¬
ments, 38,000 bags; loading, 35,000 bags. Price, 61250. Exchange, 24d.
Java Coflee and
the United States
Sugar.—The following shows the quantity afloat for
by the latest advices, and which have not yet arrived :
Coffee.
5.990
Bafnaguith
Jas. Duncan, for Portland
Becherdass
Ambaidass,
for Boston
September 30
November 13,
41,161
36,190
’
18
1870
13.189
3,505
5,780
3,188
684
20,218
Including tierces and barrels reduced to
6,639
104,457
69,873
25,314
In the way
26,946
hhds.
The jobbing trade has also been a little slow but in
email lots a fair amount of stock still goes out and dealers appear to retain
confidence on most goods, though Cassia if anything is again easier, and other
grades are without buoyancy. Nutmegs and Pepper are probably the strong¬
est in price, and few holders of these offer supplies with any freedom, but the
majority meet bids at full market figures without any great amount of hesita
8,000
8,500
Weekly
3d.—The
Sugar,—Havana, Febuary
Cuba
Report,
FRUITS, &c.
speculative demand noticed at the date of our last has subsided, and the
market is quite dull.
For Layer Raisins only a light jobbing trade is going on;
prices, however, rule very firm at the advance, and most holders are confident
of a further increase in value. Dealers are generally well stocked up for the
present, and most of them have goods to arrive which will be here before their
present supply is exhausted. Currants have met with a fair sale, both on spot
and to arrive, and rule about steady, but, with free offerings, are no higher.
Turkish Prunes are firm and meet with a steady but not large business; remain
ing firm at former quotations. Sardines are quiet but are held confidently,"espe¬
cially quarter boxes. Nuts sell moderately well to arrive, but are rather quiet
on the spot; prices for all kinds are firm.
Foreign Green are in good demand and firm in price. The supply of West
India is not over abundant, and these sell at higher prices.
We quote: Porto
Rico Oranges, $7@8 00 per bbl; Havana, $8 00 ; Baracoa Cocoanuts, $38@40 00
per thousand; Lemons, $3 75@4 00 per box for Palermo and Messina, and
Malaga at |2 75@3 per box; Palermo and Messina Oranges, $2 75@3 per box,
and Valencia $7 50@G OO pci
active demand for Apples, and prices are
higher than at the date of our last report. There is a good demand for both
pared and unpared Peaches, but transactions are restricted by the small stocks.
Sales of Eastern shore pared have been made as high as 26%c. for a lot. Old
are selling better if of very good quality, and are
largely mixed with new.
Blackberries have again become quiet, but have lost none of their firmness,
11c. is bid for prime. Pitted Cherries have met with fair sale, and full prices
have been obtained for prime dry, but lots of sugared have been sold at 16c.
Raspberries are in demand aud rule steady as formerly quoted. Plums sell
well.
Peanuts have ruled steady and moderately active; stocks are not
Pecans are quiet but remain as formerly quoted; last sale we
noted was at 14c for prime. Domestic Green Apples are selling freely and are
•till higher, the best selections bringing $5 50 per bbl. in lots. The South are
the largest purchasers, but the city trade is also good; fair selections sell at
$5 00, and mixed lots $4 75@5 00per bbl. Russetts begin to move and bring
accumulating.
quality. Cranberries continue
*9 00@10 00 per bbl. for fair quality.
about $,475@5 25, as to
slow of sale and prices
PRODUCING MARKETS.
Tea—The following shows the quantity of Tea afloat for the United States
a t late dates (not including San Francisco), and which has not yet arrived:
-CARGO.-
,
Bailing, 1870.
Aug. iff.
Sept. 17
Oct.
OctOct.
Oct.
Oct.
Oct.
1
3
5
8
20
24
Nov. l
Nov. i
Nov. 4
Nov. 5
Nov. 7
Nov. 7
Name oi
Vessel.
Louisa*
Union
Lizzie Iredale
McGilvery
Nesutan
Eleanor*
Amadine
N. B. Palmer.
Morro Castle.
Anglo Saxon..
Latona
Osceola
Marathon
The Cedars...
Black.
269,479
7,580
.
Shanghae....
Shanghae....
Amoy
34,624
580,603
.
Whampoa...
Foochow....
Amoy.
223,962
605,788
,
Shanghae....
Shanghae....
Shanghae...
Hiogo.
Min.
Whampoa....
Hong Kong.
Amoy
Shanghae...
Yokohama.,
.
,
,
Foochow...
Nov. 16
Nov. 18
M’ryWhitridge
Cleta.
Nov. 28
Nov. 29
Oec. 1
Oec.
3
Belle
Horatio
Argonaut
Abby Bacon..
Nightingale..
Jno.Wooster...
»
«
76,947
382,281
364 351
47,991
Whampoa...
*
«
Amoy
•
.•
224,831
.
Yokohama..
41,995
....
29,282
....
...
*
1,072,203
,
Whampoa...
•
* M
12,800
.4,724,134
.
.
....
1.640
....
198,927
....
•
.
•
•
.
•
•
•
•
•
•
•
732,595
....
423,332
•
976,880
•
*
,
•
•
v*
Total*
1.151
...
..
117
50
1.404
2,183
1,490
export ol the week to all countries
general movement at both ports has been as follows:
The
Exports since January 1
,
To
/—Rec’ts this we»>k—,
Hhds.
Boxes.
Boxes.
1871
1870
1S69
36,253
58.089
5,001
5,278
27,321
36,229
48,422
3,072
24,011
U.
S.
.—To all Ports.—,
Hhds.
Boxes.
.
Hhds.
[51,219
11,090
17,825
9,877
69,540
210,754
7,518
11,290
6,570
32,849
86,099
6,649
9,434
6,124
Stock at date.—>
Boxes.
Hhds.
118,325
New Orleans Molasses.—From the New Orleans Price Current of
Feb. 4 we learn: Molasses—Good descriptions have continued in request, and
have commanded higher prices, while poor qualities are rather
slow of sale.
and the market is bare, or nearly so, of Choice.
The supplies -were mostly disposed of on Wednesday and Thursday at 15@25c.
$ gallon for Inferior; 30@40c for Common; 45^51c for Fair: 52@,56c for Prime;
57®59c for Strictly Prime, and 60c for Choice. Yesterday the demand was good,
and the supplies were sold at the foregoing prices.
1870.
1869.
Receipts Molasges since Sept. 1, bbls
169.017
115,785
r
Exports coastwise, since Sept. 1,bbls
Receipts Sugar since Sept. 1, hhds
783,131
580,603
29,282
228,962
605,788
1,073,843
384.415
687,668
198,927
79,947
382,281
364,951
780,586
423,382
477,746
980,411
12,080
7,960
4,120
3,519
380,425
224,831
331.310
331,310
680,745
375.467
435,033
....
...
•
25,885
375,456
•
«
5,688,521
•
•
•
....
12,800
2,435,465 11,848,070
—
hhds
Exports Sugar since Sept. 1,
,
On
Righei.
Tea.
Duty paid-
Duty paid
Hyson, Common to fair
do
Superior to fine....
Ex. flne'to finest
do
Young Hyson, Com. to fair.
do
Super, to fine.
do
Ex. fine toflnestl
Gunp. & Imp., Com to fair.
Hyson Sk. &
do
do
Tw’kyEx. f. to lln'st
Uncol. Japan.Cora, to fair.,
do
Sup’r to fine...
H. Sk.&
55
45
60
©
85
75
@1 15
50
©
65
©
©
Ex. t. to finest.
do
55
Oolong, Common to fair....
do
Superior to fine....
60 @ 90
05 @1 30
do
Ex fine to finest....
Souc. & Cong., Com. to fair,
do
£,£rr.’Ttf niftst.
75
85 <gl 00
@ 45
Tw C. to fair. 40 @
52
fbSR
as
1,790
18,000
Quotations in First Rands
Lots Prices are a Fraction
Following are Ruling
tbe Purchase of Small
The
38,049
52,959
78,969
79,478
CURRENT.
PRICES
55
60
65
75
©1 05
© 60
@ 85
©1 80
© 60
©
©
©
60
70
80
52
65
95
59
90
-
Sup. to fine. 46
Coffee.
Rio Prime, duty
paid
do good
do fair
do ordinary
gold.
Maracaibo
gold.
Laguayra.
.............grad.
St Domingo, in bond....gold.
Native Ceylon
gold. 15%®16%
gold. 14^@15M
gold. 13%@14
Java, mats
and bags
“
Brown
gold. 13 @13%
gold. 19 @19% ! Jamaica
5
20%@22% 1
gold.
15%®17
@13%
@13%
14
14
9%@10
@14%
12
Sugar.
refining.... 8 @9
9%@ 6%
Cuba, inf. to com.
do
do
do
do
do
do
do
fair to
good refining....
prime
fair to good grocery....
to choice grocery...
centrifugal, hhds. &bxs.
Melado
pr.
moi asses
Hav’a, Box,D. S. Nos. 7 to 9...
do
do
do 10 to 12..
do
do
do 13 to 15..
do
do
r do 16 to 18..
.--@9%
9%@10%
10%@10%
Hav’a, Box, D.S. Nos. 19 to 20..
Havana, Rox, white.... .
Porto Rioo, refining grades...
do
grocery grades....
Brazil, bags.
Manila, bags...
1 White Sugars, A
9%@10%
4 @ 7
8%@ 9% j
do
S%@ 9%
9%@ 9% I
10%@10% I
11%@12
12 ©**>
9 © 9%
9\@*1
« @ »
a
B
do
Yellow sugars
Crushed and
12%@12%
granulated
1a
@13%
@14%
Powdered
MolasseM.
Cuba
1°@
English Islands...
25® 33
Muscovado....
-0©
Cuba Clayed
Cuba centrifugal
55@ 68
35© 58
IP gall.
New Orleans new
Porto Rico
lbs.’
269.479
255 886
376,906
.
435.033
•
.
...»
527,883
654,860
Shanghae...
•
706,512
....
Yokohama.,
Hong Kong.
•
29.231
....
477 747
.
•
19.075
384,415
•
3,531
Shanghae...
Nov. 24
N°v. 27
•
•
•
Japan.
lbs.
....
.
Nov. 10
•
•
159,835
.
Green.
lbs.
lbs.
From.
Foochow....
Hhds.
Boxes.
New York
Boston
New Orleans
ADVICES FROM
Date of
says:
firm since the date of our last, owing princi¬
pally to the still moderate arrivals of newT sugars from the country. Tne de¬
mand has been fair, but curtailed to some extent by the above mentioned
cause.
There are buyers for Europe as well as for the United States on the
market, who, however, meet, with the firmness of holders. Some of these
would not sell freely even at present prices, although the small decline re¬
ported per cable from New York last night may modify their pretensions.
Prices for No. 12, current class, have ruled at from 10j4@.10% rs. per arrobe,
closing firm.
Shipments this week from Havana and Matanzas have been as follows:
The market has continued very
Really Prime is very scarce,
The
easy,
61,826
5,990
f At Bermuda, discharging, January 11.
notice.
tion.
are
4,100
2,000
Borneo
Hazard
Aurelia, for Boston..
Susanna Johanna
piculs of 136 lbs
Total
of invoices the market has been very dull, and we learn of nothing
catse.
Domestic Dried have met with an
9,431
13,398
...
Not sailed at last dates.
SPICES.
sold worthy of
6,977
...
Navigator
November 20*
November 16
November 20
November 22
December 14
To
Total
136 lbs.
136 lbs.
tApril 9
Total
Sugar,
(pels.)
(pels)
Vessel.
Date.
*
imports of sugar (including Melado). and of Molasses at the leading ports
from January 1, 1871, to date, have been as follows:
-*Hbds.
1871.
1870.
5,051,542 26,520,911
12,598,280
9,053,081
3.500
The
,
Total exports to U.S. ports, June 1 to Dec. 12..8,871.089
Total exports to U. S. ports, same time 1869
9,359,631
4.500
1,420
3,257
2,065
Molasses at leading ports since Jan. 1.
,—Boxes.
1871.
1870.
187
CHRONICLE.
25
20
40
Rice.
Rangoon,
dressed, gold in bond 3 @ 3V |
7%@8%
Carolina (new).
Spliei.
Cassia, in cases.. .gold # ft.
Cassia, in mats...
do
Ginger, Race and Ar (gold)
do
Mace
Nutmegs,
casks.
do
cases
Penang....
34%
35%
11%
....@115
34
35
9
@
@
©
83
83
©
©
....
85
11%@
16%@ 16%
Pimento, Jamaica....(gold) - 8%@
do
in bond
do
8%@ '3%
! Cloves
do
12%@
.
do
in bond.... do
7%®
j
Pepper, in bond
(gold)
do Singapore & Sumatra
Fruits and Nats.
mat.6 00 ©
box.2 80 @
Layer, 1869, IP box
@
do
do
do
do
Layer, 1870, IP
Valencia,1# ft
13
London Layer
3 75
Cnrrants, new
# ft
Citron, Leghorn
39
,■
Prunes, Turkish,
old
Prunes, Turkish, new
Prunelles
Dates....
Bigs, Smyrna
Cherries German
@
@
@
©
@
@
©
9%@>
# ft. 13 ©
@
-11 @
'BrazilNuts
Filberts, Sicily
do
Barcelona
Raisins,Seedless,new V
10%@
African Peanuts
2 3.i@2
Walnuts, Bordeaux
10 ©
9% f Macaroni, Italian
12 <«»
Fire Crack, best No 1 IP box 3 50©
DOMESTIC DRrED FRUITS.
I
,
State
do
Western
,2* 1 Apples,
do
Southern,
22
8
"
I
do
do
prime
sliced
# ft*
common
16 ®
©
6%
4 ©
P
7 @
9%
THE
188
[February 11,1871. ^
CHRONICLE
production continues light, and a few weeks of active trade would,
scarcity of many prominent makes.
do
Ivica
Cherries pitted
....@ 18
18 (§>
Foreign
Goods.—The
trade in foreign goods is confined almost
is
®
do
Pecan Nuts
lb. 14
Sicily, soft shell., ....<§> 15
do
Shelled, Spanish. 90 ® 31
Hickory Nuts
$ bush 2 40 @2 75
wholly to. first hands, and is light in the aggregate. Package
do
32 @
Peanuts, Va.g’d to fncv do 175 @2 30
paper shell
Sardines
hi. hox. ...,@ 92
do
com. to fair do 1 25 @1
5g
buyers from other cities are in the market, and are buying moder¬
SardineB
do WiUg’d to best do 2 25 m
qr, box. ....@ 20
ate amounts of fabrics suited to the early trade.
There is still an
Grocers5 Drugs and Sundries.
absence of any demand for fancy fabrics or goods, especially
Alum
3M@
8X Ensom Salt*
a
Bi-Carb, Soda (Eng.)
4V Sic. Licorice
® If
adapted to the late trade, and the aggregate trade is by no mean s
Borax
30 @ 31
Calahra Imitation
21 ® 33
Sal Soda, Cask
2 ®
2% Madder
gold 11 ® 12H heavy. Ginghams are reported as selling moderately from first
Sulphur
8V@
I Indigo, Madras
gold 1 15 @1 2U
8 @ 16
Saltpetre
do
Manilla
!
gold. 80 ($1 ln>$ hands at about the same prices as were current ai the opening of
Copperas
1^@
I Cordage, Manilla, X and^. 19*0S
70 @ 73
1
do
do Large sizes. 19 ® 19
the Spring season last year.
Camphor, in bblB
There is no notable variation in the
Castile Soaps....,
11 ® llH I Sisal
<3
prices of any British fabrics as compared with those of a year ago
9
Canton Ginger
Almonds, Languedoc
do
Tarragona
Peaches, pared
00@ 9 50
19
do
unpared, qrs & hlvn
Blackberries
19M@
15 ®
8>$@
26
11M@
10K
12
20
it is said, cause a
...
..
,
...
Syrups.
..(Si
70
..®
54
90®
Wheatley. Williams A Co
Long Island
;
...
80®
SO®
Livingston
Williamson, Griffith A Co
43@
52®
..
..
..
..
..®
..
60® 1 15
60® 70
58®
65®
,
.
.
.
.
5“>®
55®
Booth & Edgar
.‘.
Hudson River
Ockerhausen Bros
.
.
.
.
.
63®
Wintjen, Dick & Co
..
..®
..®
THE
Moller, Odell & Co
60
50
70
..®
North River
■Wallace & Schomaker
Greer. Turner & Co
><a' hattxn
Pacific
At antic
Moller, Sierck <fe Co
Brunjcs, Ockerhausen & Co —
..
58
@
.
William Moller & Sons
Mathiessen & Wiecliers
,.®
54
70®
Havemever & Co
Canfield A Benner
C. w. Durant
Union
Frankly n
33®
.
.
.
.
notable
improvement in the Dry Goods trade
during the past week, hut the market has developed a better tone,
with more inquiry toward the close.
At the beginning of the
week there were only a few buyers in the market, and these
represented the heavy trade, buying chiefly full packages. Later,,
however, there have been more arrivals of smaller dealers, and the
demand for goods from jobbers has materially increased.
The
movements are light, and are still confined almost wholly to
domestic cotton goods, but there is decidedly more animation in
the trade, and the prospects are said to be favorable for an earlier
opening of the jobbing trade than jobbers have, for some time
past, expected. A majority of the arrivals, and the bulk of the
orders received thus far, have been from the South, though a few
Western package buyers are purchasing
The
cotton goods.
high rates for freight over the trunk lines running to
the
West, are delaying the trade with
that
section,
as, in view of
the facilities for rapid transportation,
deal
era there are
deferring their purchases in the hope that by
the time goods are actually needed to
supply the wants of con¬
sumers’ rates will be lower.
The Pennsylvania road, although
__
combined with the Erie and
charges,
New
York
Central in the advanced
are, we are informed,
“cutting” their rates in some
always resulted in breaking
up the combination, in the past, hopes are entertained by deal¬
ers that the
present agreement will he annulled soon.
instances, and
t1—,.4*
ers
as a
ci—
generally
similar
j—*.—v—
course
„„
n
has
otnnu-Biiii at tue
moment, and deal¬
preparing to open their spring stocks. The city
quiet as usual at this stage of the season. The
sale of winter fabrics is
over, and it is yet too early for any trade
in Spring goods.
retail trade is
French fabrics, it is” said, jjrices may open a trifle
Woolens meet steady sale, but are not especially ani
the heavy trade being well'supplied, while
the smaller dealers are not purchasing, as yet, to any extent.
The exports of dry goods for the past week, and since January
1,1871, and the total for the same time in several previous years,
are shown in the following table :
higher.
mated at the moment,
-FROM. NBff
pkps.
DRY GOODS TRADE.
no
some
YORK.
Domestics.
Frtoat, P.M., February 10, 1871.
There has been
but in
'
Ilavemeyer’e «fc Elder
New York Steam
Johnson & Sons
Moilers & Martens?
are
as
Domestic Cotton Goods.—The market has been
animated, in
consequence of an advance in several prominent makes of bleached
Total for the week..
Since January 1, 1871
Same time 1870
“
“
1869
“
“
1868
“
“
1867
“
“
1860
179
$19,227
2,461
221,907
126.920
.
.
.
.
.
Val.
998
957
1.025
585
354
405
105
463
212
102,688
56,701
....
9,473
few particulars
.
....
.
>
Dry GoodsVal
pk</s.
61
$9,563
.
.
74.471
10-1.389
FROM BOSTON
Domestics.
Pkgs.
38,866
m
356
125
201,835
1,937
....
....
121
4,864
of leading articles of domesti.
manufacture, our prices quoted being those of leading Jobbers :
Brown
Sheetings
and
Shirtings
are
in
relatively
fair
demand, and prices are stiffer, but remain without important
advance.
Amoskeag A 36 12$, do B 86 12, Atlantic A
36
13, do D 11, do H 12$, Appleton A 3 6 13, Augusta 36
11$, do 30 10, Bedford R 30 8$, Boott O Si 10$, Commonwealth
We
O
annex
27
8,
a
27 8, Great Falls- M 36 11 do S S3 10,
do 80 H>$, Indian Orchard, A
40 13,
Laconia 0 39, 12 do B 37 11, Lawience A 86 1!,
Grafton A
Indian Head
do O 36 11,
13.
36
36 11, do E 8* 12$, Medford 86 12, Nashua file
do 36 13, do E 40 16, Newmarket A 36 11, Pacific extra
36 12$, do L 36 11$, Pepperell 7-4 22$, do 8-4 25, do 9-4 27$, do 10-4
32$, do 11-4, 37$, Pepperell E fine 89 13, do 1136 12, Pocasset F 30
8f, Saranac fine O 33 11, do R 36 13, Stark A 36 12$, Swift,
River 86 9, Tiger 27 8.
Bleached Sheetings and Shirtings are in good request, and the
movements are heavy, while prices tend upward. We quote as follows:
Amoskeag 46 16$, do 42 15, do A 36 15, American A 36 12$, Andros¬
coggin L 86 15$ Arkwright WT 36 18, Baliou dr Son 86 IS, Bartlefts86 14$, do 33 13$, Bates XX 36 16$@ 1 8, Blackstone AA 36 14,
Boott B 86 18$. do O 30 11, do R 28 9, Clarks 36 171, Dwight D 40
18, Ellerton 10-4 45, Forestdale 36 15, Fruit of the Loom 86
36 16
15, Globe 27 7, Gold Medal 36 12$, Great Falls Q
Hill’s Semp. Idem 86 15, Hope 86 13, James 86 16, Lonsdale 36 16,
Masonville 86 16$@16, Newmarket 0 86 12$. New York Mills 86 21
Pepperell6-4 22$, do 10-4 87$. Tuscarora XX 36 18, Utica 5-4 25
do 6-4 82$, do 9-4 47, do 10-4 62$. W«ULwn X S9 Hj. do 42 15
auu o-*» zif, ao 9-4
32$, do 10-4 87$ Wamsutta 86 20.
Printing Cloths are moving less freely, and prices are a
point
Lyman 0
0 S3 11-},
<*--*
Inwer.
Orders for 64x64s, deliverable later in the season, have been
plaeed at 6fc.
Transactions in spot goods
are very
light at 7@7$c.
Prints are in better demand, though the trade 19 light for the season.
Prices are firm, as follows: American 11, Albion solid 11, Allens, 11,
do pinks 12, purples 12, Arnold 9, Atlantic 6, Dunnell’s 11, Hamilton
11, London mourning 10, Mallory 11$, Manchester 11, Merriraac D 11,
pink and purple 13$, do W fancy 12$, Oriental 11, Pacific 11,
Richmond’s 11, Simpson Mourning 10$, Sprague’s
fabrics and a prospective rise in the entire list.
pink 11$, do
Heavy sales of blue and White 11, do shirtings 10, Wamsutta 7$.
unbroken packages have been
made, both by agents and jobbers
Checks.—Caledonia 70 22$, do 60 24, do 12 26$, do 10 21, do 8 17
and the light stocks held
by the former at the time of our last doll 22,do 15 27$, Cumberland 13, Jos Greers, 65 15$, do 65 J8
report have been considerably lessened. Brown and bleached Kennebeck 20, Lanark, No. 2, 9$. Medford 13, Mech’s No. A 1 29.
Denims.—Amoskeag 26, Bedford 14$, Beaver Cr. AA 23, Columbian,
goods have been advanced in several instances and the
tendency heavy24, Haymaker Bro. 14, Manchester 20,Otis AXA 22$, do BB 20,
of prices is still
upward. Colored cotton goods have not begun
Corset Jeans.—Amoskeag 11$, Androscoggin —, Bates 9. Everetts
selling very freely as yet, but there is some improvement in the 15$, Indian Orchard Imp. 10, Laconia 11$ Newmarket 10.
Cotton Bags.—Ontario A $85@40 00, American $30 00, Androscog¬
general trade and certain fabrics are in good request. Prices rule
steady on all lines, but are always subject to a more or less gen¬ gin $37 50, Great Falls A $35 00, Lewiston $32 50, Stark A $35 00.
Brown Drills.—Atlantic 12$, Appleton 12$,
Amoskeag 13, Augusta
eral revision at the
opening of a season, and at present quotations 12$, Pacific 12$, Pepperell 18, Stark A 12$.
are in some instances nominal.
Prints are selling more freely,
Stripes.—Albany 8$, Algoden 16$, American 11-12, Amoskea?,
and the offerings of light
colorings are liberal. Prices are steady 19-20, Hamilton 19-2U,Haymaker 11 $(<2)12$, Sheridan A 10$, doG 10$,
Uncasville A 12-18, Whittenton A A 22$.
at our quotations, the
only change being Lodis, which were
Tickings.—Albany 8$, American 14$, Amoskeag AC A 30, dv
opened at 10$c, in an extensive assortment of styles.
A 24, do B 21, do C 19, do D 17, Blackstone River 14$, Conestoga
Woolen Goods.—The demand for
light weight woolens is extra 32 21, do do 36 25, Cordis AAA 24, do ACE 27, Hamilton 21,
only moderate at the moment, and is somewhat less than is usual Swift River 13$, Thorndike A 14, Whittendon A 22$, York 80 22$.
Ginghams—Clyde, 11$; Earlston, extra, 18 ; Glasgow,14; Gloucester,
at this season of the year.
The sales of this class of fabrics were 13
; Hadley, 14 ; Hampden, 15 ; Hartford, 18 ; Lancaster, 16 ; Lanca¬
unusually heavy during January, and tlie large buyers seem to be shire, 15 ; Pequa, 12$; Park Mills, 14: Quaker
City, 14.
well stocked up.
Mousseline Delaines.—Pacific 18, Manchester 18, Hamilton 18,
These dealers are consequently purchasing very
small amounts at present, while the trade with small dealers has Tycoon reps 23—27$, Pacific Mills printed armures 19, do Imperial reps
22$, do aniline 22, do plain assorted colored armures 19, do do
not begun.
The Western trade is kept back by high freights,fand Orientals
18, do do alpacas 21, do do corded do 22$.
the Southern trade is confined
to the
large dealers, who are taking
goods in the market is small
in the aggrogate, as
compared with the amount usually held at
this season of thejyear, but the assortment of
Jstyles is varied, and
buyers find no difliculty^in obtaing samples for selections, The
fair amounts.
The stock of woolen
do
Carpets.—Lowell
Company’s ingrain
quoted at $1 for super
days ; $1 15 for extra super,
and $1 42$ for three-ply ; Hartford Company’s $1 for medium super¬
fine ; $1 15 for superfine ; $1 42$ for Imperial
three-ply, and $1 50
for extra three-ply; Brussels $1 80 for 3 fr., $190 for 4
fr., and $2
fine, 2
or
mos.
5 fr.
credit,
or
less 2
per cent,, iO
are
@FedFRASER