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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

NEW

VOL. 22

YORK, FEBRUARY

12,

NO. 555

1876

Financial.

FinanciaL

Finanoial.
P.J Kbkbt, I>reild:

THB
(INCORPORATED NOVEMBER,

OinCE,

No. 1

WAIJL STREET,

sseiUYERs or

Tni:

States Bonds, Notes, Cnrrenoy

and National Bank Notes.

.n the highest style of the art with tpecial tafeguard! devised and patented, to prevent connterleitlDg

We

"hull

and alterations.

This Company engraves and prints bonds, postage
eiamps and paper money for varlona foreign
Goremments and Banking Instltntiona South
American, European, West India Islands, Japan, &c.

—

sell, on
Markitablk Stock* and Bonds
la our Banking Dkpartmcnt we

$5,000, at

I

&

Co.,

STOCK BROKERS,
30

RROAD

Stocks,

New York

Stock Exchange.

Special Attention

give

City,

NE\r TOKK.

Bonds and Government Securities bought

»nd sold at the

We

ST.,

1

Secnrltlea ef defaulted

which there

is

Railroads for

no reeular market.

QUOTATIONS FURNISHED.

i

AOOUBTUS

J.

Aug.
SO

BBOWH.

J.

WALSTOH

H.

BBOWK.

Brown & Son,

RANKERS,
Llbertr Street, New York.

Issue Bills Of Exchange, Travelers' and Commercial
Credits, also Telegraphic Transfers of Mouej, avail
able In the leading cities of Europe and the United
SUtes.
Deposit accounts received on favorable terms.
We Oder for sale a limited amount of

IVest Chicago

Park

T

&

F.W.

Gilley, Jr.
Co.,
BANKKRS AND BROKERS,

Co.,

London.
SIXTY PAV STKIILINO ON TUB

RANK, LONDON.

Samuel Shaw,
BANKER,
And Dealer In Commercial Paper,
6(( '\V.4LL NTRERT.
G. UUCKINGHAN, J

B.

tDWABD

ete'

B. UnDKKIIILL.

Buckingham& Undcrhill
(Members New York Stock Exchsngc.)
BROKERS IN

STOCKS, BONDS, OOLD,
AND OTHKR SECURITIES,

McKini

New Yor

Brot/iers

&

'

Co.

BA.VKERS,
47 MTall

New York. Albert

Box 4259.

Order 8 In Government Secnrltleo, Railway Shares
and i'>ond». exe<:ute<i etrlctly ou CommlsBtun, at the
New Yf rk Stock t-iohanire.
Particular attention nakl to Investments. Forelflrn
RxchauKC Bought anu Sold. Deposits received snhlect to slKht check, and interest allowed on daily
ualancei, according to the nature of the account.
Prompt, attentiou gwcn to Collectlona and Kemlttanees. Information concernlnR any eppcifled security
will be cheerfully furnished without charKe.
F.

W. GiLLKT. Jr..
Member N. Y. Stock Fxchange.
J.

Nklsoh Tappaw,

Sherman

<<tre«t.

New

York.

&

K.S, Gillkt.

Andrew

Gin

Grant,

Stuart
BANKERS,

DKAW

C.

&

Co.,

NEW YORK.

K.'lCHANOB ON

S'l'UAKT

ic

or

STOCKS AND BONDS,
Everv Monday and Thursdat, or

ALL POIHTS.

PINE STRRET,

PINE STREET, NEIV YORK.
or REGULAR AUCTION SALES

No. 43

SPBCIAL Salbs

OuxsAL Exchange and Favkins Busmas.
OoLLKOTIONS

H. Nicolay & Co.

stock Auctioneers and Brokers,

Special.

BANKERS,

DAVID
A

Munroe &

No. 8 Wall •itreot. New York.
No. 4 Post Offlse Square. Uoston.
CIIKQIJBH ANU U.\HLK mANSFlCU-i ON
iniJNKWR *: lut., PA KIN.
8TEKL1NU CHEQUKS ON
AI.EXA!VDKHS. CI'NIilFPES Sc CO.

64 BROADWAY AND 19 NEW STREET,
P. O.

34

I.

s National iianic, and Gllman, Fon A Ce.,
Wells. Fargo i Co.'s Bank. San ? rancleco.

No. 16 Wall Street,

MTASHINGTOM, D.

NKW ORI.BARS,

;

John

Per Cent Ronds,

Due 1890.

RAILROAn SKOVRITIRS.

166 ORAVIER STREET,

COURESPONDENTS.
Tradesmen

Cl»NSUl.iUATKU

CHICAGO HOUSE: HKNUT GREEN UUAUM & CO

TioN or

MERCHANT AMD BANKER,

for nou-resldenta.

HATCH.

ic

RANKERS,
Nassau Street, New Tork,

3PBCIAL ATTENTION GIVEN TO THE NKGOTIA

Charles G. Johnsen,

92,0,000.

•

.

(CoBNiB OP Wall Stbxkt.)

County and Tovrn Ronds, and

I

Cashier.

Special attention given to Collections, and to th
Investing of money ou Irst-cUsfl real estate secnrlty

Greenebaum Bros. & Co.,

State,

to

CoLLm*,

Ciboulab Notbs and Crsdits roi Tbatslbbs

H.

Edward C. Fox

all

receive deposIU

the rate of four per cent.

FISK

Cotnpany in any lawgMage.

VAN ANTTTERP, Pres't.
MACDONOUGH, VIce-Pres't.
A. I>. SHEPARD, Treasurer.
JNO. E. CVRBIER, Secretarr.

Com.issio.v,

and reinlttanceg subject to draft, and allow Inieresr,
to be credited mouthiy. on balances averaging, for the
montli.from ll.CWOto $5,000. at the rate of three per
cent per annum, and on balances averaging over

ContTnunicationa may he addre»8ed to thi4

J.
J.

be pleased to forolah Informatlin In
all matters connected ,^itli luvcitme&ta

GovernmeDt BondB.
We also buy and sell Gold and G.tT.D '"oup^n*.
COLi.EorDivisiirD!i,aud Town, County and Stats
CotrpoKS, &c.. and buy and

G.

Capital Stock,

New york

llou.

iu

BONDS,
POSTAGE AND REVBNtlE STAMPS,
OBBTIFIOATES, DRAFTS, BILLS OP EXCHANGE,
AND COMMERCIAL PAPERS,
BANK-NOTES,

We give particular attcDtlon to Oimor DiiLt;<os
IN UOTBRMMKNT BONDS AT CUBKB.VT UA8ERT RATKS,
andareprepareJ.at uU ttmcs, to buy ur t-cll to UrM
or saiall amcmts, to suit all cUsae* or Investoiti.
Orders by Ulsill or telegraph will receive rarcful altcfirefercDce to

PKwmfo op
STATE AND EAILROAD

Engrattttg Ain>

NEW YORK.

No. 5 .NASSAU ST.,

8.

OP DENVER, COLORADO.

BANKERS,

1859.)

NEW YORK.
(Tilited

& HATCH,

FISK

National Bank-Note Co.,

Dt.

The Exchange Bank

CO., LlTerpool,

Payable in London.

Advances Made on ConslKunsents.

Made on all othbb Days.

UPON ONE DAY'S NOTICE, WHEN Rt^ QUIRED
Our Established Custom 33 Years.
t»" Stocks and Bonds bought and sold at the New
York Stock Exchange, and at private sale, on commission.

tr Securities not dealt In
specialty with this house for

tm-

First-class Municipal

at the Stock Boards a

many

years.

Bonds, Kallrotd Bonds

and other Incorporated loans negouatea on
terms.

llbsral

:

THE CHIIONICLR

&

Drexel, Morgan

WALI. STBEET,
CORNER OF BROAD, NKW

&

Drexel

Co.,

Fiaancial.

VERMILYE &

CO.,

BANKERS,
YORK.

IGaiidlS Kaaanu

Drexel; llarjes &

Co.,

[Februaiy 12, 1876.

Financial.

Financial.

Co

New

street,

York.

DOMESTIC .^ND FOREIGN BANKERS

DKALEl;8 IN ALL ISSUES OF UOVKKN-MENT
BECURITIES.
NEW VOl'.K CITV
AND
BUOOKLVN BONDS.

Deposits received suliject to Drafl. Securities, Oolil,
Ac, DDUgbt and boM on Coininlstion. lui erect allowed
on .leposits. Forelgpi Kxchanire. Connnercial C edits.
Circular Letters lor Iravelers,
i;..ble Transfers.
av«l.able in all paita of the world.

UAILIVAY STOCKS, BONDS& GOLD.

No.

BouTH TniBD

31

Boulevard Bausamann

31

St.,

Paris.

PliiladclpUia.

Attorskts akd Aobnts of
& CO.,
ItJCfSsrs. J. M.

OLD BROAD

ST.,

WASH'S

LONDON.

3

Broad

St.,

JAS. A.

It. VEKMILYE,
TUOWBUIUUK.

EDMUND

D.

1

UANDOLI-U.
-WILLIAU

UOWKLL W. BIOKLKT
J.

BLACK.

Notes

&

Brothers

No. 59

Co.,

Amos

BenJ. U. bh-'rinaii,
Sam'l D. Babcock,
Martin Bates,

Isaac N. Phelps,

WALL

ST., N. Y.,

and lu pouiidH sterling for use lu any part of the
norld.

COMMERCIAL CKKDITS,
MAKK caulk TUANSKEUS of MONET BETWEES THIS COUNTUY AND ENGLAND, AND
DKAW BILLS OF KXCUANOE ON UKBAT
BHITAIN AND UtKLAND.
TIIKT ALSO ISSUE

&

G. C. Ward,
AGKXTS FOB

'VeW-YO^^

O0W\W^li.

'"//JIADEIPV^^^

charlciG.Landon,
?:dmuKd W.Corlles,

Koswell Skecl,
A. A. Low.
Adrian Uelln,

AOKNCr OF
OF

Canada,
STREET.
WA

WALTER WATSON, f*Bents.
.-.„,.
I

INGRAM,

LONDON AGENCY,

J.&W.

32 Lombard

Seligman

St.

& Co.,

45 Pall mall, London, England.
Issue ClliCULAK NOTES /J-M.'Q/ cAarffe, aTallable

Henry F. Spauldlng.

69 EXCHANGE PLACE,
COKNEU BROAD STREET, NEW \OVX..

Collections on

Payable In any part of Europe, Asia, Africa, Australia
and America.

Exckange and make telegraphic

53 EKChanKO Place,

AND DEALERS

IN

Mortgage Security Co.
OFFERS FOR SALE, AT PAR,

PER CENT TEN-TE.4K BONDS

SEVExN

UEAL

Points.

all

BiT

FIRST itlORTG AGES OfimrRUVED
ESTATi:.

GUARANTEED, PRINCIPAL AND INTEREST,

Receive. Deposit

BY

ITS

and Current Accounts on favorable terms, and do a
General London and Foreign Banking Business.

CAPITAL. STOCK OF

CO., Liverpool.
KING, BAILLIE
KING, KING & CO.. Bombay.
KINO, HAMILTON Sc CO., Calcutta.

Bonds
Interest Coupnns payable foml-annu lly.
registered to orde", or payable lo hearer at oplioa
Acciutdinte es'. la not requited to be paid by pur
chaper, the text-due Coupo.i beii't? stami ed no usic
denote th.it Interest begins at the d te of pu chase.
Pamphlet wlih luTl InfonuJtion will be sent oi
application to the Company's cilice,

M. K. Jesup, Paton &Co.

MOST CONSEllVATlVK

it.

#500,000.

A

43 Milk Street, Boston.

B

A N

KER

S,

New

York.

Sight.

Advances made upon Consignments to onr address
or to our Correspondents n Europe.
Investment Securities Bought and Sold.

&

Co.,

BANKERS

These Bonds are commended to the attention of
lNV.-81MliB, as they

th(
«-i

believed to be as perfect a security as c.in be obtained
The Usueof Bonds Is limited to one-half tne amuuni
of thesameelassof Bonds ever Usued under a like

Guarantee.

The security of each Bond is not conHued a to single
Mortgige, but extends over all the Mortgages ownei
by the Compa py. This company receive, no depo>lt8
f^uaraut esno othei securlileH. atjd lias no other debit
than Its bonds. Its Mortgages are of like ctiaractor t(
tliose which have been bousht lu the last twenty year
by Intllvldnals, Life Insurance companies and othf
Corporations, to the amount of mo'e than Fifty Mil
lions of Hollars, proving a most secure and satlsf actor;
liivisiment. The Loans are all upon Improved Farm
In some of the most fertile Western states, near thi
r.allroad8, with short and perfect titles, and uveiaf
less than JC50 each, upon property worth nearly fou
times their aiuouut. Experience has proved that we
seie-ted Morttaites upon tlilj class of properly ar
iaier than tliose upon city property, either In the Kae
or West. They aie nutatlccted by Fires, or by Buslnes
revulsions Principal and Interest arc more prompt
paid and upon the su cess of Agrkulture depend
that of almost every Industrial investment.

PINK STREET,

37

;

;

NEW

YORK,

HENRY SALTON8TALL.

SOUTHERN AND miSCELLAMEOU!!

President.

A. OSBORN, Treasurer.
VIOa-PKKBIDENTS;
Geo. C. Richardson,
Amos A. Lawrence,
Thomas Wigglesworth,
James L. Little,
Geo. P. Upliam.

FRANCIS

Receive the accounts of Interior hanks, bsnkerf,
corporationa and Merchanw.
Agents for the sale of City, (•oonl y, and Railroad
Bonds ; Issne Letters of Creilit fur foreign travel.

LONDON CORRESPONDENTS
CITY BANK, Tbipadneedl* Street.

GoSSLER

&

Co.,

HOUSK

IN

and

Henry

A: <:<)

Upham.

Chnrles L. Young.

Aj

COUKSKL;

^Pl
1^1

Hon. Henry W. Paine, Boston.
Simeon E. Bildwin,

New

Haven.

Cor. of Montague

&

Clinton

Brooklyn, N. Y.

sts.,

1500,000.

Company Is authorized by special charter toM
or guardian.
can act as agent In the sale or management of res
estate, collect Interest or dividends, receive reglstr
and transfer books, or make purchase and sale of U0>
eminent and ettier securities.
Keliglous and charitable Institutions, and person
nnaccustoiiied to tne transaction of business, will nn
this Company a safe and convenient depository fo
RIPLKT lit >PKS, President.
money.
'
This

as receiver, trustee
It

IIAMllURO.

Frothingham&Co

BANSEltS

J. B.

obltonsiall,

CAPITAL,

KUliOPK.

JOHN BERK.N ItiiKG, GOSSLUK

T. Jettorson Cooltdge,
John P. Putnam,

Benyon,

The Brooklyn Trust Co

OORRK'-rONDBNTS OF

liiternattonHl Itaiikof iiamburK
Loiiiluii, (Limited.)

12

1.

Charles L. Flint,

^C Stu^e Street

Pearl Street.

Alex.

directors:
A.

BO -TON,

NEW YORK,

AND BROKER?.

WALL STREET, NEW YORK.

CHAS. R. MARVIN,
EOSAE M. CCLLSN. Counsel.

Vlce-Pres

t.

TRUSTEES

'

Henry Sanger, Alex. McCae,
Rockwell,
Chas. R. Marvin, A. A. Low,
W.C. Klngsley,
Abm. B. Baylis, 8. B. Cbiltenden
John P. Kolfe,
Ihomaa Sullivan. Dan'l Chauacey, Edward Harvey,
H.E.Plerrepont, Joslah O. Low, James D. Flsb,
Alex. M. White,
John Ualsey,
,

Fl.st-Clas* Stock Privileges.
Buy and

Sell

Stocks on very moderate margin.

culars sent on application.

•

|

J. S.

DKAX^RS IN

ALL KINDS OF

SECURITIES,

for use against

trans-

California.

Levy & Borg,
BROKEIiS

EIWOLAIWO

SECURED

COMMERCIAL CREDITS

Execute Orders on the London Stock Exchange.

Issne Letters of Credit for Trarelers,

Bills of

THE NEW

Consignments of Merchandise.

131

BANKERS,

money on Europe and

1

I

Bills of Exchange bought and so'd. Commercial
Credits granted, Drafts on Canada Issued, Bills collect,
cd, and other Banking business transacted.

J.

Co.,

BANKERS,

$9,000,000 Gold.
"
8,128,626

Paid up,

WM.

&

King

8.

_

1-no.

harles G. Francklyn,
witH~ni II. Webb,
J. PlO! poht Morgan,
Perry U. Pync,
iharles Abernethy,

Martin Bates,
William Allen Ddtler,
P. Wallace.

Winslow, Lanier

I. I<

.....

AraosH.

William U. Appljton,
Gu tav Sihwab,

Make

W. Lane,

Jacob D. Verinllye,
Geo. Maccullccb Mlll^

Draw Exchange on Union Bank of London.
Accounts ol Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Drafts at

Merchants' Bank
62

Corlies^

Shermaa

Isaac N. Phelps,
Josluh M. Flske,

DnvldU.ws,

Henry

e ree

•

n B.

-nj iin

«,o8y«UNUTs.7»

No. 52 William Street,

NEW

YORK.
38 S-IATB STIUlKT. BOSTON.

Capital,

Edmund W.

B

Frederici' H.Cossitt,

BERING BROTIIERS & COMPAIVY,
62 WALL STREET,

Euo,

^

(b

g<UAUSTBCf;.

Grant

m

G.

li.

Frederick H. Cossln

Samuel D. Babcock,
Juualhan Thome,

In all parts of the world.

Issue, against cash deposited, or satisfactory guarantee
of repayment, Circular Credits for Travelei-s, In dollar i
for use
the United States and adjacent countries,

Draw

Jacob D. Vernillyc,

;

Brown

fers of

H. P. BAliCOCK. Secretary.

BOARD OF TRUSTKES.

AND DRAW EXcnANQK ON
Morton, Uosk & Co., - London.
PaBIS.
IIOTTINGUKR «& Co., - - - Amsterdam,
IIoPK & Co., -

S.

C.

J»mes

Money

lu this Institu-

HENP.Y F. SPAULUING. President.
Vice
BENJ. B. SUERJIAN.
FKEDEIiICK H. COSSIT T, j PrcsldenU,
I

;

jf

and advantuge

at rest, will find safety
tion.

DONALD MACK.\Y,
LATHAM A. FISH.

|

N. Y.

and Letters of
Credit for Travelers; also Commercial
Credits available in all parts of the World.
Negotiate First-Class Railway, City and
Slate Loans Make Telegraphic Transfers
Circular

Issue

Allows interei^t on deposits, returnable on demand,
or at specifted dates. Is a ithorlzed to act as Executor,
Ai-minlstrator, Guardian, Uecclver, or Trustete. Llkrwlie, 18 a le al depository for money paid Into Court,
or by yrder of any surroga'.e. ludiv. duals, Finns and
Sccletles secKlDg Income Irom money in abeyance, o--

XXECUTIVE OOMillTTEK:

Morton, Bliss & Co
Bankers,

nur AND SELL ON COMMISSION

Capital,* 1000.000.

I.NTERBST ON DRPOSITS.

MOROAN

a

No.

;

;

CIr

Wm.

B.

BUNKER,

BecreWiT

I

;

Fob) any 12, 1876.]

CHRONICLE.

iflE

FInanoial.

Ui

Jlnanoitl.

REAL ESTATE
MORTGAGE BONDS

FlnanoUl.

&

H. C. Williams

Co.,

DSALSt IX

INTESTMENT SECURITIES.

New York.

40 l¥all Street,

OUARANTKKD BY THE

DIALIEfl IX

Equitable Trust Co.,
$1,000,000 OAPFTAI..

CONSERVATIVE ISJVESTORS.

cet made

Individual

of

lliiblllty

the

DUUcer.

Stcond~Keci\ bond la secured by a Qrst mortgage of
rtu i*atRte of not leu than double Us vulne.
Thlrti—The prompt payiia-ut of both orlnclpal and
lnl«ruHt of every bond Is KUiiranteed by this Com|>any.
The Coiuimny KUiirHnlecliiij tnoKO Uoiiils recetvua no
depoiols, uweH no money, nixl Incurs no obllKatlons of
any churacter excent thuNc arising from such guaranty
thereby keeping lis whole ciuiltul of One Ml. Hon
Dollaro nnlmpalrod. TO MKKT AT AM.TIMKs the
prompt pavnient of both principal and Interest of
these Bonus.
All mortgages securing the ltnn<ls are formally approved by ihe following Kxecutlve Board
:

KDBEUT L. KKNNKUy, ADKIAN ISKLIN,
JAMKS A. K'.)'18KVKLT,
KUOKaK KKLLV,
WM. I4KMSKN.

SAHl'KL WIIXBTS,

JOHN

CIIAS. BUTI.KIt,

U.

MAXWKLL,

0D8TAV H. K1SSKI.L.
S -ven I'er Cent Interest payable senil aunuslly, and nre oUert-d for f^ale st i>iie
hundred and two and Int ro-t it the oUlee of the
HKNKV

e.

IIAVKN,

1 hese Hecurltles bear

& 54 William street.
lONATHAN EDWARDS. President.

Kqultahlj Trust

Compan/, Nos.

Sfi

Absolute Security usaiunt

I'ire

KalUvay Bouda

larly

We quote as foMowp—
a Minn.. Ist,
do

Cairo

do

&

Crnuda

THK SAKK KKKPINO OK VAMIA'-LKS

HKK AND

ISUKGLAlil'UOOP VAIJLIV,

IN

NoH. 71 & '.3 W. 23d Kt.
KVKlty /ACILIIY AFFOROKI) FOH UHh COSYKSIHSCKaml Privacy of kA[>\- PAlhO.\S.
l(l.L.\kmOW K. I'llUKISK, I'resiacDt.

TTHJl

Mlnneiota

IbI,

i8t. rcKlslered

Central RM. of Iowa, Ut
Clieaapeiike St Ohio, Ut.6g

do

»to
&.

Clilcatfo

CUninn

DutivUle

St

do

25

69X

Ut

S

la

3S

41
3J

Dubuque. Int
40
Vmcenncs. lat. Dllnnla DIv. 40
do
lit. indlaua Dlv. l\

Danville Urbaiia M. A Pckin, Ut
Xi
lIoustOD & Great NortliL-rn, Ut
^9
lloufitou Ac Texua teiiirul. ut, MmUi Line.
8>
do
do
Ut, WcBtern Kxt.
Flint & I'ere Murquetti', l»t, cent
KvunbvllleT. H. & Ctilengu, Ut
IS
Uriuid ICapldH &. Indiana, Ut, L U guar
100
4;')
do
do
l8t. KX. L. U.
IndlnntipoIU It & VVeslerri.l-t
SO
do
do
'M
lu
do
do
uc, Kxteniion.. 16
lulcrnatlonal ItK.. Ist
r,<)

m
m

Hanai)8raeifli:,Ut.

do
do
do

M

'•».

.t*.

nnfundud

1^..

No

do

New
New
New

Wiilnniuiilc,

Moble A C

drlean-*

Yo'rk

& OBwcgo

18

do

.

75

80
18
....

23

7

VI

5iK

3»
89
20
8>i

41
^i

do
I'aclflr, 7 3-lUrt. U*^
d(j
r-Kl lercd

2i

4
jj

I3

15
10

Webt Wisconsin, L.O.,Ut
.55
do
luterestpayhble in London. :.^

i2
fO
C)

I

do
.G.

lut,

W.

\i

n

.

,

«!

THK OITV OF NEW VORK,
con. IIKOADWAI'

J:

WAKKKN

PAID-UP CAPITAl,,
Invested In United States

SI..

Uoverument Bonds.

THREK PEK CEUT IntereH per annum
xutfjtt:t to check at fiifjlU.
touit PEli CEST Iittprent per annum

rni/a

BANKER AND

No.

AVALI.

12

on

nipt
on
ipecuU depoxits retmtiniui/ Hx munthH or longer.
Acts as 1 ru.tee tor usi ates.
D. K. MANOAM. President.

JOHN

C.

CimiKSUA-NK, SecreUry.

R. T.

Wilson

AND

UANKkKS

Co.,

5c

COMMISSION

Ooverumcnt

STREET,

and

The

nndcrslgned

and Bunds

Bought and Sold on Commission, and

hold

SALES

Securltiea, Gold, Stocks

Adolph Bcissevain

&

Co.

BANKERS
AND

oomnisfiiON merchants,
on Commlsglon American Securities
In Holland and oti.er Continental Markets.
Malt
Coll' ctlons throighout the Continent ol
Europe.
Make Payments on Letters of Credit to Travelers
and transact a general American Banking BnsUess.
Uefer by special permission to Messrs. Blake
Brothers & Co., Boston and New lorkt and to Messrs
B.* . Welsh, Philadelphia.
Hell

'

W

HUcellaneons »e
J ALDENNo.OAYLORU,
Wall
New ^ork. (P.O. Uoi
J*'

""t"'"".

St..

3.3

\fn). Special attention given lo St. Louis City and
County Bonds; Missouri Connty, City. Town nni:
Bcnool Bonds. Also, to the Bonds and f>locks of the

lolljwlng Itallroads
Atlantic A Pnclllc. Missouri
raclOc, South PacUlc, Kansas I'aciflc, Denver PaclOc,
North Missouri St. Louis Kanssa.CUyA Northern.
Mjera by P«nnhslan, to Measrs. ^t 8. SloboU A Co
:

VtBkrn.Naw York*

suns OP
Wanted

TO

$3.O00

for Applications

now

$150,000,

in Iiaud for

FIRST niOlirCiAUK

I.UAITS

liATKS OK IMTKiiKM'.

Juoert/ valuation reliable. And uot over 40 per c«d
pesc'jt uctual value reiulre'l

JOSIAH

n. RBRI*,

UOLD,

Street.
tadCitf

Martin Lewis,

BONDS

Room

43

3.

PINK

ST., N. Y.

DXALKK IN

Securities ol Solvent and Defaulted
KK« CO>s« also .StttCe, GUy »Bd

County Uouds.

TIMK LOANS NBOOTIATRl).

RBGULAR AUCTION

by permUaion to Messrs. M. K. Jesap, Pston
UeMm. Sotltt«r ft Co., New York
Jk Co., New Vorfc
Joti. M. Norrla, r-Bq., I'resldeot Klrst National Uauk.
Halthnoro Uoburt MU kle, l!:8>i., Caihier Ualos Nst'i
Bank, Baltimore.
Ilcfera

;

of all classes of

:

STOCKS AND BONDS,
WEDNESDAYS AND SATURDAYS.

ADRIAN
No. 7

H.

mVLLER &

PINK STREET,

NEW

SON,

YORK.

Banks, Bankers and Insurance Companies
wishing to parchaae OFFICE FUKNITORU, will Had
a line assortment, at prices to suit the times, at the
establishment of

T. O.

Knoblauch

&

AMSTEEDAM, HOLLAND
Buy and

St500,000
IN

20 Nassau

LOANS NEGOTIATED.
AGConots received and Interest allowed on balaacss
which may be checked for at sight.

Capitalists.

Thirty Tfars' ncqnnlntnnce with Oblcaffo
rcl«reDCti« of the Uiiiliest duncter.

At Auction.

;

To

AND FlKBT-CLAbS STOCK PRIVILEGES, BJUl H P
AND SOLD.

STOCKS

&

&

AT INVITINO

UKKCUANT

I.theral rash edvarces made on consl^nmentd of
Cotton and Tuhhccotoour address also to ourlrlenaa
lu Liverpool and Loudon.

eflecl, Ihe conipanymalntaintnt: fnnds in trust for
that purpose with
ROLLINS BROS.
CO.,
Cer. Wai:
Broad sW., Now York.

FIRST-CLASS CHICAGO PKOPERTY,

BUUKEl;.

STOCK'', BONDS,

KXCilANGE COURT.

•Z

The bonds will be re-pnrcluaed at same prioc at
any time within one yaar, and contract glTen to tltat

NUW VOUK.

lifOo^Uf

interest.

oir

John A. Dodge,

il,000,000.

iji

and

\\

7

Paclttc.

of Iho First Mortgage 7 per cent
gold hondB haying bean tieuetlatedin Eiiro|K- lately,
only the remaiulug portion of
180,000 of the
bond." are offerid, at au advance la the price to 96

58
17

5.1

10
9
50

I

do
Texas A

t200,000

Sil

PecrlH A Kock N'und U
Tort Ilunin A l.Hke Mlr-HBan. Ut
i;o' krord It
& St. ouiD, .»t
i-outtniu M(mie»ioia. Ui
St. Josi'idi A I), nvei ( I'y.Ut, K. D

^'««'«,7iiiiAj sm/lL'V,

....

40
18

2d.. .

Noithirrn

OP

41

16

n of the Erie Kallroad brancb to
lUckaQsack, aad continuous roadi.)

(i.'onsnllditl

SI

M

Ut

Street.

THE NEW JERSEY k NEW YOKK KR.

*

30

1-t

nORAN.

A.

40 IVall

....3.1

Mid. and

and October.

FOR SALE BY

DANIEL

m

.... 21

Ut

Jerney MidiHnd. 1-t

Interest April

\'i

15

JnieiL'st 8*

UOMDS.

31

!5

Moniclilr Ul^. of N. J ,Ut

Haven M. &

Principal duo 18^5.

\'i

'1

Prlncfpal dne IMS.

87
87
8S

73
ao

II

Nn.l(i
Lake Superior & MIhhIssipih, ut
LoKKirsporr. u & Smit!iw»*8'rrn, lat
Ml«80Uii Kana IK & (X4P, :st
Mobile «: Uli.o.iie lin^', ^''. «l h cf
do
do
SB «'jc-tf

ORK.

$50,000 BUFFALO CITY SEVEN PER CENT

m

Ut.7'. .1. St J.
du
.. Ti
l»i,6s,Fi'h & Aug., funded. 7*4
Int. ) H.J. A U.
da
.
71

do

January and July.

5ft

.

t

Ai
'H
88
6^

ICS

,

.

BROADWAY, NEW

$£0,ObO EOcnESTER CITY SEVEN PER
CENT WATER LOAN BONDS. laUcwt

87
32

dc

.

29

e.*)

m

81

i.7i.

.;

18

6j
^i
va
ifl

CitnHdH SuulUu'ii,

<'hlcaKO

Ni-'w

and Ijind Scrip for Sale.

..

Milwaukee Olv....

counon

tioutUurii, \%X,

dr)

Central Safe Deposit Co.

J.aii(lM

oi'

Fulton, isr

do

and

ToxoH

re^-

FINANCIAL AQKNT OK THE CITY OF HOUSol luterTON, riCXAS; And
Oar Ba»t* tNITBD STATES CBNTKNNIAl,
COMMISSIONER FROM TEXAS.
Uid. Aiked
Dir..
45
46
OFCICEB:

Special Braucli

a

Burl. C. U.

Ciiic.

Bn4

quoted, aad ttio8u ill Di^fnalt

iiesii.

liurclarit.

tOl!

not

('oiintf

Mniiicipul RoniN a Sp<>Httlty.

Stocks and other Secnrltles
New York Stock

Orders for

receive personal atteutton at the
Bxchanf^e. 4;uo<l

^(r«(— Tlier liave Hie

Toxas Htato, Railroad,

STATR, CtT\ 9e RAffliWAY BONDS.

TMKSK iiKAL KSTATR MOUTUAOl!) BONUS AUK
lUMMKNOKU TO TlIK ATTKMION OF
TllIC MOST

Chew,

C.

J.

BANKERS AND BR0KBR8.

35

Lichtenstein,

BANKERS,
Broad Street, New

York.

&lake Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letten Of Cred]!
on all p!loclpal cities of Europe.

SPECIAL PARTNER,

DEUTSCHE BANK,

CHARLES
4;

SBLLBW,

103 Falton

Berlin.

OTIS,

EXCHANGE PLACE,

City Railroad

and Gas Stocks,
8|i«<lalt7- (or

19 Tear*.

8«e aaouuoiu of " iiOcal SeooitUaa' la tU> pkpor

St.,

New Vork.

Fine Cylioder and Roll Desks a Specialty,

The First National Dank of Rochester,
located at hochesttr. lu the Mlato ol Indiana, ta
All Bote-holdt'nt and other
clo^lDK up Us «lldlr.-».
creditors or ^al(I -s-oclatlouare llierelore h«r«:ixnollned to nrf sent the notes, and other claims against the
C. CUPh LAND,
association tor payment.
President.
JaBttary 11. IW.

NOTICE.—

AKTUUU

N.-VTIONAL MARINE BANK
NOTICK.-THS
I'AUL, in the t-t.te ot Mmiicsots,

loKilcd at S .
cloBiUK units Hlljlrs. All i ote-holders huiI «)ther
eredlioia or said assodotion are, tlieretore, herehy
notined to present the notes and other claims acalnsc
I

Is

theasBocla loulorpaynicui.
o. B.
Dated December Slst, 1875.

„„.,.„. President.
„ ,, .
TURBKLL,

NOTICE.-THK KICI1I.%ND

NATIONAL BANK, located at ManiScld, In
the Slate ot Ohio, la closlDK up iu aBalra. All noteholder.- and other credlUra of sa d association are
therefore hereby notlAed to preaen; the noief, and
au,e, clatm. a^nst th.

"^^^X' 'flji^'^'^

Dated Dec. n.

1S75.

'

Caahder.

w

[February 12, 1876.

THE CHRONICLE.

FinanciaL

Insurance.

THIRTY-FIRST

I^Eir JERKf.Y niDLAND RAILWAY RE-OEGANIZATION COMMITTEE OF

ANNUAL REPORT

BONDHOLDER?.

OF THB

Liberty
First

NOS.

INSURANCE GOMP'Y,
OFFICE,
AND 348 BROADWAY.

LIFE

346

1876.

1,

H. P. Dkoheet, Secretary, 138 Chambers street.

TTNION PACIFIC RAltiROAU CO!HPAN?.— The annual meeting of the Btockholden
of the

of NetCa»Ii Assets, January

Pacific Uallroad.Company, for the cholca

Union

of Directors for the ensuing year, and the transaction

may

1,

legally

come before

the meeting, will be held>t the office of the Compaoy,
42 Equitable

No.

Amonnt

Second Mortgage,

1730,050

other holders to ]L,iii:ih'?m liy depositing
their bonds with Central Trust Co., No. 11 Nassau st.
D. B. HAL9TEAL), Chairman.
all

of any other business that

JAinJARY

21, 1875, at 87

already received fl.'ias^aw

Morteage Bonds and

request

NEW YORK

Meeting of October

street,—Having

$8T,145,T77 61

1875

REVENIIE ACCOIHNT.

March

8. I3T6,

BuUilng, Boston, on

at 10 o'clock,

WEDNESDAY:

A.M.

Stock transfer-books will be closed after
$6,069,002 81

Fremlama and annnities

1,870,658

Interest receivea and accrned

),661 15

$35,085,438 66

8ATDK-

SIDNEY DILLON,

DAY, February 26.

34—

K. H.

Boston. February

ROLLINS,

President.
Secretary.

4, 1876.

Pennsylvania Railroad

'"oHPAior,}
Trkasueer's Dkpabtjiic.nt,
>
ruiLAi'KLPllIA, February 2, 1876. V

DISBVRSEinENT ACCOUNT.
Losses by death
Dividends and returned premiums on canceled policies
Life annuities, matured endowments, and re-insurances
Commissions, brolcerages, and Agency expenses
Advertising and pliysician's fees
Taxes, office and law expenses, salaries, printing, &c

THE
N OTICE TO STOCKHOI.UEKS
TWO PKR CENT

$1,524,814 83
2,481,696 96

188,400 83

tlie

361,918 06
_.

8T,591 26

230,114

03—

4,918,535 97

930,106,902 69

„
at the offlce c
BAYAKD BDTLKK, Treasurer.

Stockholders.

Blank powers of attorney cai be had

Company.

the

r'HICAGOBCIRl.INGTON&aUINC

yj KAlLR'iAU COMPANY.— In coufornlty to the
provision of the Eight Per Cent Sinking Fund .'Uortgaa:e of tbls Company, sealed proposnls are Invited,
endorsed, "Proposals to Sell C. B. ij Q. Slnklnu' Fund
Bonds." and addressed to the undersigned, till Mou
day. February 2l8t ensuing. al 12 o'clock noon, to sell
to the Company, cue hundred and eighty-one, or anv
pait thereof, ot the Bonds secured under said morU
g .ge. for the purposes of the sinking fund.
By order of the Board or Directors.

ASSETS.
$1,768,291 3S
Cash in Trust Company, in bank, and on hand
Invested in United States, New York City, and other stocks (market

value, $7,633,244)

7,154,191 05

-

1,820,540 55

Real estate

Bonds and mortgages (secured by real estate valued at more than
doable the amount loaned, bnildings thereon insured for $15,717,000, and the policies assigned to the Company aa additional

JUUN

Boston, January

Loans on existing policies (the reserve held by the Company on these
,.
policies amounts to $4,090,586)
Qnarterly and semi-annual premiums on existing policies due subsequent to January 1, 1876
Preminms on existing policies in course of transmission and collection
(estimated reserve on these policies $320,000, included in liabilities)

WHETHER YOD WISH TO BUY OR SELL, WKl'^
TO

463,269 64

H ASSIZER &

27,11149

Accrued Interest to January 1,1876, on investments
Excess of market value of securities over cost

Casb Asset* January

80—

257,130

1876
APPROPRIATED AS FOLLOWS

due subsequent to January

30,166,902 69

$30,645,955 64
:

$303,165 00

1876

1,
Adjusted losses,
Reported losses awaiting proof cSsc
existing
policies
Reserved for re-insnrance on
; participating InBurance
at four pel cent Carlisle net premium; non-participating at five per

144,598 66

,

premium

28,146,298 91

$2,409,656 73

Divisible Surplus
the undivided surplus of $2,499,656 73 the Board of Trustees

has declared a Reversionary

Dividend, available on settlement of next annnal premium, to participating policies proportionate to their
of such reversion

may be used

Co.,

SI,

19 & 21 Nassau Street, New ITorfc.
TRANSACT a general banlfing business.
DEaL In Investment securities.
BUY all descriptions of DNCURRKNT Bonds, «l80

G. T.

81—

308,138

'

BANKER

Bonds KEPUDlATllU by CITIES and COUNTIES.

27,890,3% 44

Reserved for contingent liability to Tontine Dividend Fund over
and above a four per cent reserve on existing policies of that class

The cash value

Amy &

H.

479,052 95

1,

CO.,

No. 7 vrall Street, N. Y.

105,341 54

Agents' balances

contribntions to surplus.

Assistant Treasurer.

Railroad Bonds,

886,728 84

:

cent Carlisle net

N. DENISON,

20. 1876.

17,685,597 60

collateral security)

From

Board of Directors Ims this dny declHred
on
of
capital stock of the Company, cWar of all taxen.
payable on and afier February 29 to Btockholders, as
realBtered on the books at S P. M., January 31.
on February 2!i dividends will be p^ild to ladles only.
After that date they must await their turn with oihep

onAUTKRLY DIVIDEND

in settlement if the policy

Bonner & Co

BANKERS AND BROKERS,
No. 20 Broad Street, Ne-w ITork^

1

stocks. Bonds, and Government Securities bought
and sold on commission at the Hew Yora Stock Ei-

Dealers In all descriptions of
Secnrltles.

Bonds and Investment

j „
_
...
The correspondence of Bankers and Brokers tbrongb,.

out the country solicited.

holders so elect.

DURING THE YEAR, 7,029 POLICIES HAVE BEEN ISSUED, INSURING $21,964,190.

Fuudiug of Southern State Bonds.
of the following
We are prepared to fund Bondswith
their several

Southern States,

Funding

TRUSTEES.
MORRIS FRANKLIN,
DAVID DOWS,
ISAAC C. KENDALL,
DAIHEL S. MILLER,
JOHN MAIRS,
WILLIAM H. APPLETON,
ROBERT B. COLLINS,
WILLIAM BARTON,
LOOMIS L. WHITE.
WILLIAM

WILLIAM
F.

C. R.

A.

WANTED.

D.,

Louisiana State Bonds.
Cairo &, Fulton RK. First Mortgage llonds.
West 'Wisconsin RK. First Mortgage Bonds.

HENRY BOWERS,
SANFORD COBB,

EDWIN MARTIN,
JOHN

M.

FURMAN,

BEERS.

of Agencies.

CORNELIUS R. BOGERT, M. D.,) ^^^,^, Examiners.
GEORGE WILKES, M. D.,
CHARLES WRIGHT, M. D., Assistant Medical Examiner.
)

FOR

I

SAI.E.

Columbia Perm. Imp Sevens of 1891.
Kew Jersey & New York RB. Consol. Bonds.
New York ft Oswego Mid. RR. First Mortg. Bonds.
Central New Jersey Land Improvement Co's Stock.

DlBt. of

G. T.

President.

WILIilABI H. BEERS, Vice-President and Actuary.
THEODORE M. BANTA, Cashier.
O'DELL, Superintendent

S0U1H CAROLINA

lENNESSEE.
Alabama State Bonds.

OSGOOD,

MORRIS FRANKLIN,
D.

accordance

VIROISIA, LOUISIANA,

A.

SEYMOUR,
BOGERT, M.

GEORGE

H.

In

upon the moat reasonable terms

BOOTH,
CLAFLIN,

H. B.
J.

Acts,

possible:

BONNER

'i'HE

tc

CO.,

New York.
HERET"COPARTNERSHIP
Ilnniel
Waae and John
20 Broad

Street,

(i.
1tore exist Ini; b'tweeu
A. Dodge, doing business under the firm name

ALEXA!iDKK FROTHl.NGHAM i

0(1..

Is

this

of

day

dissolved by the death of D*niel O. Walte. John A.
Dodge succeeds to the business and Arm, and will
settle all business of said firm.— New York, January
81,1876.

HIRAM POOL. Administrator,
JOHN A. DODGE,
LYDIA JOSEPHINE WAITE,

Administratrix.

:

.

kmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

VOL.

SATURDAY, FBBttUAKY

22.

CONTENTS.

12,

1876

NO. 556.

exhibited a conservative spirit

on both

by conspicuous members

which has aided instead of dinturbing the
Congress and the State of Busi148
Railroad Earnings In January.
public
confidence.
We have more than onco called
ness
115 Latest Monetary and Commercial
Safeguards Against Inflation....
146
119
Knglish Kewa
attention
to
this point, and we are reminded of it by the
Government Liability fnr SecuCommercial end Miscellaneous
rities Surreptitiously Issued..
147
151
News
favorable impression which has been made during the
THB BANKERS' GAZKTTB.
present week by the speech of Mr. Blaine, in the House
Money Market, U. S. Securities,
guotatlons of Stocks and Bonds
1.5t
Railway Stocks, Gold Market,
of Representatives, on Thursday.
New York Local Securities
165
KorciiMi Exclianee. New York
Investment and Slate, City and
City Banks, etc
Whatever may be thought of the general tone of Mr.
158
156
Corporation Finances.
THK COMMBKCIAL TIMES.
Blaine's speech, two or three fundamental questions
Commercial Bpitome
160 Breanstufts
165
"°"o"--.
which he has raised should, undoubtedly, command the
IbO Dry Goods
165
attention of all classes of our people. First of all is the
question, so important to all business men, of the specie
TbK COMMKRCtAL AND FINANCIAL CHKONICLB M issugd Oil SotUT- standard. Many superficial people have thought, with
dill/ morning, with the latest news up to midnight
of Friday.
John Law, that commercial debts between nations and
individuals could be settled without any specie standard
TSBMS or SUBSCBIFTIOH-FATABLS III ADVANCE,
The Commercial and Financull CaBomoiJE, delivered by carrier to city by which to measure relative values. It was pardonable,
sabsnribers, and mailed to all others:
perhaps, a century and a half ago, for even an able
For One Year (including postage)
$10 2>
For Six Months
6 10
and
experienced banker like John Law to fall into such a
Subscriptions will be continued until ordered stopped by a wi-Ulen order
or at th« jnMication office. The Publishers cannot be responsible for Remitfatal error as this.
Financial science was then in its
tances unless made by Drafts or Post-Office Money Orders.
infancy, but it has since advanced with rapid strides,
AdTertlsemeuts.
Transient advertisements are published at 25 cents per line for each although it is even yet, like other branches of political
insertion, but when dctlnlte orders are given for five, or more, insert ions, a
liberal discount is made. No promise of continuous publication in the best
knowledge, very far from perfection. Still it has
Dlsce cau be given, asall advertisers must have equal opportunities. Special
Notices in Banking and Financial column 60 cents per line, each insertion.
thoroughly exploded this error and banished it from all
Iiondon Office.
Europe. Except in this country, there is not, we believe,
The Irfmdon office of the Chboniolb is at No. 5 Austin Friars, Old Broad
to be found in the commercial world any body of intelstreet, where subscriptions are taken at the following rates

THB CHRONICLB,

sides,

.

j

I

.

|

1

I

Annual Subscription to the Chronicle (including postage)
£3 is.
Six months' subscription
1
38.
WILLIAM B. dama,
WILLIAM B. DANA & 00., Publisher*.
JOHN o. FLOYD, JR. j
79 and 81 WilUam Street, NEW YORK.
Post Office Box 4 59*.
I

fy A

neat flle-cover is furnished at 50 cents ; postage on the same is 16
Volumes bound for subscribers at $1 60.
fc^ A complete set of the Commercial avd Financial Chronicle — July
1865, to date— is for sale at the office.
Also one set of Hunt's Merchants

cents.

Uasazink, 1839 to

1871, sixty-three

volumes.

^y The
Financial

Business Department of the Chronicle is represented
Interes'vS in New York City by Mr. Fred. W. Jones.

ligent

generation

how

seriously believe that the specie standard

so

it

will

many

individuals

It is

ness

one of the

men have

and to

THE STATE OF BUSINESS.

evils of

our financial system that busi-

acquired the habit of looking to Congress

a future

among

us,

possessing

intelli-

themselves to be the dupes of such fantastic theories.
this class

Mr. Blaine gives no quarter.

He

reveals to

us a law of finance as resistless and universal as the law
of gravitation, which acts

COiNCRESS AND

To

be a subject of curious investigation,

gence, patriotism and experience, could have allowed

To
among

men who

of monetary values can be dispensed with.

no.

Our

upon us whether w© wiU or
buying and

contracts, our obligations, our daily

by the standard of coin. " Let ns
not delude ourselves," he says, " with the belief that we
can escape the specie standard. It rules us to-day, and
selling, are controlled

work of
and of the money has ruled us throughout the whole legal-tender period,
market. For reasons which are discussed elsewhere, we just as absolutely as though we were paying and receivare inclined to hope that this bad habit, induced by our ing coin daily.
No nation has ever succeeded in estabwar finance, will soon be as little practiced among us as lishing any other standard of value; no nation has ever
it was 20 years ago.
Business in modern times depends made the experiment except at great cost and sorrow;
upon such a complicated mechanism of causes and eilectSj and the advocates of irredeemable money to-day are but
that it has risks enough of its own, and does not consent asking us to travel the worn and weary road traveled so
without serious damage that these risks should be supple- many times before a road that has always ended in
mented by others which are avoidable and needless. It disaster and often in disgrace."
its

daily debates for assistance in the

forecasting the future of business

—

therefore satisfactory to observe that the business
Next in importance to this principle, that the specie
community have complained less frequently during the standard is established and maintained in all commercial
present session and that, instead of mischief being the countries, even where it seems to be sat aside by the use
result of the discuaaion of our finances, there has becij of a depreciated currency, is another principle, on which
18

;

rHE CHRONICLR

14G
Mr. Blaine

is

even more explicit.

He

tells

[Febraijy 12, 1876.

accept very low rates of interest rather than submit to

us that to

attempt, as this country has done during nearly half a

the necessity of placing

generation, to set up an irredeemable currency,

into fixed capital,

is

to in-

it where it would be converted
and thus put beyond their control oa^
fl

'politic commercial evils of the demand.
and magnitude. The periodical reHere is one of the weik points in the financial situavulsions in trade, from one of which we arc now suffer- tion.
We have not yet sufficiently recovered from the
ing, are the direct and immediate consequence of our immense destruction of capital in the panic of 1878 to be
oe
vicious financial system, and these evils, it is to be able to endure the transmutation of floating fimds int
nt^j

troduce into the body

most

fatal virulence

I

might go on multiplying with resistless force,
except the causes which have produced them can be got

which is demanded for ou
growing industrj and commerce. It is true, that, as Md

fixed capital with the rapidity

feared,

We need not pursue the train of arguments by Blaine stated, our National wealth is increasing ano
which this principle was demonstrated. It was intended deposits are being heaped up in our banks and lending
to pave the way for the conclusion which every sound institutions, but we have not yet arrived at the advanced
currency man in all sections of the country will endorse, stage in the process of recuperation in which capital
rid of.

among the remedies for our financial troubles, the ready to take held freely of the various industries of th
resumption of specie payments must occupy the chief country that need it in fixed and permanent forms. li

that,

He

place.

other words, financial credit and confidence are wealf
and among the methods by which they receive strenj

says:

" Overtrading, the wild spirit of speculation, tbc undue expansion of credits, enormoua inveBtments in premature enterprises,
have worked out their legitimate and inevitable results, and with
a full volume of paper iiiuney the crash came prices have fallen,
settling day has arrived, paintul liquidation proceeds, and the
whole commercial and finaacial fabric is settling down on a solid
foundation. Experience convinces where precept, falls only on
deaf ears, and today we have men by the thousand longing and
asking for a return to specie, who, three years ajjo, would have
violently opposed it. To attempt now to build up business by
further inflation of the currency involves a theory so wild and
destructive that it requires a man of great nerve or of great ignorance to propose it. Indeed, the shock to confidence by the panic
of 1873 was so great, that many commodities, and especially many
fabrics, are below their normal price, and a firm, clear, decisive
step in the direction of a sound, redeemable currency, imparting
stability to our financial system, and confidence to the people,
would, in the judgment of our best merchants and manufacturr
erg, be followed by a rise in prices, by a quick and widespread
demand for labor, and by a generous and general revival of trade
and business throughout the country. And beyond that we
should enter upon an export trade in our fabrics such as we have
not dreamed of in the past. The time is ripe for it, outward
circumstances are all propitious, and it only remains for Congress
to give to the country a steady currency, and the abounding energy
and enterprise of our people will do the rest. There is not a
cotton plantation
in the South, not a grain or grazing farm in the
West
.—., not a coal-pit or iron-furnace in Pennsylvania or Ohio, not
a manufactory in New England, not a ship-yard on the Atlantic
coast, not a lumber camp from the Penobscot to the Columbia,
not a mile of railway between the two oceans, that would not
feel the quickening, gainful influence of a final and general
acquiescence in measures looking to specie payment. If the people of the United States were fully awake and aroused to their
interests, and could see things as they are, instead of increasing
the power o( Congress over the currency, they would by the
ehortest practicable process divorce the two, completely and for-

which we have been considering. The san
might be applied to foreign capital, which
always more accessible for fixed investments in propol
are those

principles

;

-

And

ever.

this can only be
of specie

by the resumption

The

-

tion as the general confidence rises to a higher level

financial circles.

exposition and defence

by Congressional

leaders

of such wholesome principles of finance as those referred

recent failures in this city and

and we learn that the general reports from the who^
tiofl
country show a slight increase in the aggregate of the
disasters over last year.

Still

there

nothing in this
multiplying

is

report to contradict the evidence which

Amidst much that

all sides.

is

is

discouraging there

abundant ground for confidence that the process
shrinkage is salutary and gives the promise of an earB
reaction and partial revival.

SAFEGUARDS AGAINST INFLATION,

We

.

done finally, effectually, irreversibly,
payment."

The

elsewhere have caused an uneasy feeling in some quarter

have
.

had frequent occasion
•

,

attention

tO

i

publS

direct

to

j

j.

-l

,.•

i.

by which Our

the practical safeguards

j

|

been protected of late against
These safeguards are of various kinds. Some
arise out of the abstruse and complicated principles
which control the effects of new currency laws, and
cause them at times to produce results the very opposite

currency system has
inflation.

of those intended.

A

conspicuous instance of this

5

supplied in the legislation of

favored by

last

year,

many paper-money men, but

la
is

which wa

has grievous!

disappointed their expeetations of currency expansio^

t9

Another class of safeguards are fourded upon tl
promote a staGeneral Garfield, in hia
one of the prime intelligence of the people.
conditions of that recuperation of commercial industry admirable essay on "The Currency Conflict," in t|fl
for which our people are so anxiously looking.
Atlantic Monthly, has shown how the sound viex^P'
It is easy to see how a favorable influence is ascribed prevalent throughout the nation before
1862, were
to the conservative movements of the public credit in eclipsed and darkened by the paper-money spectre,
and out of Congress. Capital is just now in an ex- which spread its gigantic arms over the West and
tremely sensitive condition. There is a great accumula- South. He, however, fails as it seems to us to bring

to, is

very salutary.

It is calculated to

bility of public confidence,

which

is

—

tion

of

idle

money

in

all

our

financial

throughout the country, and the difficulty
acceptable avenues for its safe employment.
tradictory

symptoms

institutions
is

to find

Two

con-

are thus visible in the loan mar-

—

out into a clear light the undoubted fact that throughout the war, as now, a very large majority of our

thoughtful
faith

have

citizens

specie

in

as

the

held

only

fast

safe

the

old

standard

is an abundance of unemployed capital await- of
value, and redeemable notes, jjayable in coin, as
ing borrowers, on the one side; and, on the other side, as the only paper currency which modern commerce
there is a vast array of suffering industries which are can safely use. Relying on this genera^ conviction of

ket: there

languid and prostrate, waiting for the capital, without the masses of our intelligent population, we have perwhich they cannot resume vigor and activity. Now, the sistently maintained that Congress, however much its
reasons

why

plentiful, are

capital cannot be had, although it
numerous; but the chief of them

members might, many of them, loiter or turn
would be steadily though slowly urged on by the

is

so

individual

all

is,

aside,

that our perishing industries require capital which they
can convert into fixed forms, while the capital offering

resistless

pressure towards the goal of specie payments.

a third class of safeguards which spring out
market refuses for the most part to be so of our popular institutions and are the natural growth
converted. The owners of this capital are willing to of our peculiar system of free government.
Of late

in the loan

There

is

THE CHRONICLE

February 12, 187JJ

The most
have been conspicuous.
found in the vote last Monday on Mr.
Casson's motion to suspend the rules, so that the House
of llepresentatives might vote separately on two resoThese resolutions
lutions touching specie payments.
were very simple. The first affirmed, " that the Constiseveral illustrations

recent, perhaps,

is

tutional authority of Congress

to

coin

money and

147

For the present, it appears that
remains to b« seen.
with good reason, an exemption
during the present year, from those peculiar evils which
the public expect,

currency

has

legislation

in

the

to

regulate the value thereof, and of foreign coin, does not

GOVERN.VENT LHBILITT FOR SECURITIES SURIEPTiTlUUSLT

iocludo the authority to issue the paper of the Govern-

ISSUED.

money, and in the judgment of the House the
Constitution nowhere confers on Congress the power to

ment

often produced

too

past.

as

issue in time of peace the promises or obligations of the

Government
The second

a legal tender in payment of debts."
declared, " that any legislation

as

resolution

touching the legal-tender currency of the Government
should keep steadily in view the resumption of specie
payment, and should tend to enhance the value of that
currency, for the redemption of which the faith of the
United States has been pledged to its citizens."

The United

Supreme

States

CJourt decided a case of

towards the close of the year,
defining the position of the Government on paying a
forged 7-30 note, and itn position also on paying one
which had been surreptitiously issued. Although this
class of security has now been paid off, the principles laid
down in the decision apply to some other issues of the
Government, and also to similar acts done by State and
city officials, and hence, if maintained, become of conconsiderable interest,

may seem strange that these simple siderable importance. The case arose out of the fact
meet with any opposition in the House, that the Assistant Treasurer in New York purchased and
where the sound-currency men claim a majority of redeemed before maturity eighteen of these notes, of Jay
between twenty and thirty votes. Still, Mr. Casson's Cooke <fe Co. After payment it was discovered that
motion was rejected. The rules were not suspended, the they "Were either counterfeit or possibly notes printed
vote being 140 to 90.
Many theories have been offered from the genuine plates but surreptitiously issued. Thereof this action by the House.
The true explanation, no upon the Government brought an action to recover back
doubt, is that which assumes that Congress has a whole- the money.
some dread of touching the sacred ark of the currency,
It is a well-established principle of commercial law
and that the Nation is almost as effectually protected that where an individual accepts forged paper purportagainst meddlesome legislation as if the currency ing to be his own, and pays it to a holder for value, he
question were, for the time being, withdrawn from the cannot on a subsequent discovery of his mistake recover
arena.
We have thus reached a point in the history of back the money paid. The idea which underlies this rule
the present era of greenback inflation, when, for the first is, that between two parties suffering loss the one must
time since the war, the Nation has begun to feel secure, bear it who is guilty of negligence.
We can readily see
and to be conscious that our cuiTency system was set- how the bona fide holder may be greatly prejudiced
tling down with some incipient firmness towards the solid by the acceptance and payment, if the money could bo
rock of specie payments.
If the efforts and sacrifices recovered back.
Hence, the law says that as a man
by which we have achieved so much towards resumption, must be supposed to know his own signature, he should
had accomplished for the country no more than be able to detect a forgery at once; when the demand is
this,
they would have been worth all they have made upon him he has the opportunity to examine the
At

sight

first

it

Tcsolutions should

cost.

In

vading

the

this

assurance,

whole

country,

which
that

is

rapidly

Congress

is

per-

signature,

and the Courts hold that

Any further delay

held protection.

in

sufficient for his

is

discovering the forgery

back
and
restrained
by new impediments and would be unnecessary and unreasonable; and therefore
powerful safeguards, so that the fear of currency pertur. such delay shows negligence, which throws the loss upon
bation from

this

cause need not at present paralyze the one

who

is

guilty of the negligence.

Another point which has been settled is that the Govour
citizens, we have the gratification of contemplating erniAent of the United States, ia its acts in connection
the fruit of much labor in the cause of currency with commercial paper, is subject to the same legal regurefoim.
When the Legal Tender act was passed in lations and liabilities and forfeitures that an individual is
1862 its opponents showed that it would introduce the subject to. That is to say, if it takes a promissory note

industry

and

fetter the

productive

currency question into politics.
elapsed since this prediction

energies of

Fourteen years have or

was made, and every

ses

it

bill of

exchange, and desires to charge the endorser,

must present

it

for

payment when due and have

it

of our wisest protested for non-pay ment in the regular form and way,
statesmen have agreed with Mr. Chase in the belief that or it will suffer the consequences of its negligence.
sion of

Congress has verified

it.

Some

be impossible, under our system of government, to
withdraw this delicate and difficult question of the currency from the troubled sphere of party political warfare; it does seem, however, as though the difficulty is
approaching its solution. President Madison used to say
that the mission of this country among the nations was
to show that that could be done which political wisdom
and experience had pronounced impossible. If, prior to
the resumption of specie payments, we can so far
withdraw the currency question from the arena of
party
politics
as
to
close
the door
effectually
upon all hope or fear of further inflation-, we shall
certainly do that which men of experience at home
and abroad have deemed beyond our power. Whether

it will

this

important safeguard can be kept up in the future,

Hence,

it is

exception

in

argued that

—unless there some special
—when the Government
is

particular

this

it acknowledges the
set up that it
subsequently
and
cannot
note as its own,
any more
paid,
money
back
the
and
recover
forged,
was

accepts and pays a treasury note,

Some

than an individual ean.

claim, however, that this

—that

the analogy does not hold
good, because no one has the power to bind the United
rule docs not apply

States to that extent.

Government

officers

strictly within the statute; outside of that

authority; and there

is

no authority

must act

they have no

in the statute for

paying any notes except specified genuine ones. If this
were an open question, we should incline to that view;
but this decision seems to settle the point definitely, that
when the proper officer has passed upon and paid such a

THE

148
note, the

money

the Government

c.-viinot

in

CHI10NICI.E.

be recovered back; thus placing

the same position and under the same

rules governing the acts of the individual.

The Court,

in this case, against

Cooke

&

Co., also

went

I

The opinion

I

says,

February

where no particular place

12, 1876.

is

specified

payable at the Treasury, and that
" seat of Government and in the Treasury
is at the
" Department. In this department the Secretary repre" sents the Government." Until such time, therefore, as
the Secretary has acted, or in due course of business
ought to have acted, there can be no such laches as wilt
charge the Government. In this instance the notes were
in the instrument,

it is

one step further and held that if the notes were not
counterfeit, but were printed from the genuine plates,
and in some way stolen and issued, the Government
could not recover back the money paid. This we should
also think was a very doubtful proposition if it were not delivered to the Assistant Treasurer in New York, on
for the authority of the present decision. We notice, different days between September 20 and October 8.
however, that Justices Clifford, Field and Bradley dis- The first suspicion in Washington with regard to their
sented, and that Justice Miller did not sit on the argument character was October 5.
All the notes were found and
or take part in the decision. How far, therefore, the returned to New York October 12, and the next day
principle of the decision will be carried, it is diflicult to Messrs. Jay Cooke & Co. were notified.
Under the cirsay.
The question before the Court would seem to have cumstances the Court holds that there was no unreasonabeen wliether securities of the Government, put in circu- ble delay, either in transmission to or return from the
lation fraudulently, are a claim against that Govern- Treasury department.
ment. Still, it may be said that this case does not decide
that point precisely, but holds, simply, that if the proper
officer of the Government should pay such a negotiable
RAILROAD EARNINGS IN JANUARY.
instrument so issued, it cannot recover back the money.
The
year
opens
very favorably with the railroads, anc
This view of the decision may be correct, and yet,
if we study the facts and the conclusions from those it will be seen by the table below that a large majoritj
facts, as the Court states them, it will be difficult to of the companies in the list show a material improve

I

It should be remembered that
were complete when issued.
That
is, they did not require any signature of
an officer,
as that was printed on; and as soon as they had
received the impression of all tlie plates and dies
necessary to pi-rfect their form, they were ready
for circulation and use.
Whether a coupon bond,
which is also negotiable and similarly executed, would
be held to come under the same rule, we do not undertake to say; and yet the general result of the reasoning
and argument in the opinion would include such bonds.

that

accept

these

7-30

view.

notes

is quite broad.
One part of it, referring to the objection of the Government that the act did
not authorize the Secretary to retire any notes except

In fact, the opinion

ment in their earnings for January, as compared wit!
the same month of last year. It may fairly be assumed
that operating expenses are at least as low as last year
and that net earnings therefore are considerably inc]-eased.
largest increase shown by any one road is that oi
the St. Louis Iron Mountain & Southern, being $101,411.
The earnings of this road, of the Missouri Kansas &

The

Texas, and of

all

the railroads which do a good share

o(

the overland cotton business, have unquestion.ably beer

by the large cotton movement up to this period
The Central Pacific railroad earned verj
nearly the same as last year, showing a difference of losf
assisted

of the season.

We

hardly
than $3,000 on gross receipts of $963,038.
look to see so large an increase this year in the earnings

Union Pacific roads, as they will do
they keep up their earnings to the
tion of the act. "In the prosecution of the war an ira- large figures of last year, when they were exceptionally
" mense debt had been contracted. To meet the pressing prosperous as compared with most of the railroads oi
" demands upon the credit of the Government, various the country.
" forms of securities had been put forth, some of which,
One of the principal influences of importance bearing
" like those now under consideration, would mature at upon the question of railroad earnings has been the prO'
such as were issued l-)y sonic authorized officer, in pursuance of law, staled that this was too narrow a construc-

of the Central and
sufficiently well if

" an early date, and sooner, perhaps, than they could be posed repeal of the granger laws in some of the
" met wimout the negotiation of new loans. In view of Western States, and particularly of the "Potter" law
" this possible contingencj'. Congress seems to have been in Wisconsin, as a bill to modify this is now pending ic
" desirous of meeting its obligations of this class when" ever they could be exchanged for, or retired with the
" proceeds of the sale of, certain specified bonds having
" a longer time to run. The object evident ly was to get
" rid of this species of debt, and we think the act may

the Legislature of that State, with a fair prospect that

A

it will be passed.
still more important influence,
however, and one having a more general bearing on

railroad traffic,

was the agreement among the

principal

roads for the maintenance of rates on a higher and more

" be fairly construed to authorize the retirement of all satisfactory basis. The annual reports which have been
" notes of this class outstanding which the Government published recently of a large number of the leading
" would be required to meet at maturity.'''' This last sen- railroads show that the cause of their small earnings last
tence indicates that this portion of the decision was

year was niore

based on the idea of the Government's

liability

loss of

these notes, however issued.

so,

If that

be

to

pay

the fact of

payment was not important on this branch of the case;
the Government was liable to meet them at maturity,
however issued; and hence, payment then was only
anticipating that liability.
But we pass from these points to the one other raised
in the decision, and that is, would payment by the Assist-

ant Treasurer in

deem

it

New York

estop the Government.

We

unnecessary to follow closely the reasoning on
sufficient

to

know

under the circumstances, the Court beld

^t

would

this portion of the case.

It is

that,

not.

be

in the

low rates received than

in a great

tonnage; and whether or not the expectation

fulfilled,

it

is

will

quite generally anticipated that the

railroad officers, having experienced the injurious effects

among themselves and cutting under in:
be more harmonious hereafter, and not indulgf
the expensive luxury of quarreling.
In some parts of the AVest the wagon roads hav£

of disagreement
rates, will
in

been so soft as to prevent cartage, and the railroac
freights have been smaller in consequence; this, and the
soft condition of corn, rendering it unfit for shipment
have reduced the earnings of the Keokuk and Des

Moines road.

:

rebraajy

THE

Ia7t5.]

12,

BAn^OAD BIRHINSS

A

Paclflc*
Central Pacific
ChieiKO Mil. & St. Paul
Chic
Cincinnati. Lafuyotte

DcnTpr

&

9iil,00O

West

ii^iMsaa Paclilc

&

Cincinnati
Vlichiijan Central
Marietta

KanHasA Texas

\Io.

&

MlH»i88i|ii)l
)hlo
.I'aclOcof Missimri*

Alton &T.U. (branches)
Louis. Iron Mt. & South. ..
L. Kans. City * Northern.
I.,ouls &Southpa8tern» ..

,«. L.,
HI.
5t.

4t.

.

'roledo,

& Warsaw

Pcona

»68,0il
964,938
466,101

A27,000
32,2SH
t24,19«
988,447
131,SS8
208,039
167,266
618,567
256,459
815,795
19J,8I2
89,^13
855,200
S<B,.M5
59,259
99,808

Kio Grande»

Central
ndlanap. Uldom.

Illinois

....

Tola!

Increase.
$18,S98

1875.

$71,799

&

&

:.,

CHRONlCUffi.

JAMCABY.

IN

1878.

Atlutle

—

;

.

Decrease.

$
«,938

60,899

33,7(10

1,584
'11,067

13.109
.'.ir7,a«

'B,rii

lltt,.^42

'i6°M4

l«V,7;i7

45,.102

152,805
500,902
1*1,099

14,4.01

64,.T<9

153,397

41,545

.17,201

1T,I«88

-.0^,088

101,411
86,447

62,0-8
71,487

27,771

2.')0,789

$4,796,487

2,828

$511,879
477,915

$4,317,572

I

Netincrease

anticipated, and, cooseqaently, coin has been
provincial circulatioii.

retnmlng from

During the early part of the week, the foreign axchanges were
and there was a inMlerate demand
for gold for export.
Money in the open market bad been obtainable at aa low a figure aa 3^ per cent, or
per cent below the
official minimum.
The state of the Paris exchange, however,
the quotation having fallen nearly to the point which wonld Imtd
to an export of gold,— and the possibility of Oermany taking
£500,000 for coinage purposes, caused a firmer tone to prevail, and
the banks and discount houses ceased to take bills at that low rate.
Such, however, is the abundance of mcney, or. In other words,
such is the scarcity of commercial bills, that the recovery has not
been very important, the best bills being still taken at 3} to 4 per
less favorable to this country,

H

17,665
5^,360

251, .196

149

$33,964

It
is
not considered probable that the
mercantile bills in circulation will speedily increase.

cent.
•

Three weeks only of January in each year.

t Includinj! $6,957

contractors' freight.

The following companies

hare

recently

raporttd

,tb«ir

earnings

for

Decamber

SR088 BABRINdS IH DXCKXBXB.
$152,584

$102,223

Increase.
$50,369

.

401..592

817.6.)7

83,936

P.

291,014
270,441
107,662

385,407
298,406
65,975

44,687

$1,223,193

$1,166,670

1875.

Mchlaon, Top. ASanta Fa
iouston & Tecis Central.

.

Mobile&Ohio
I'liiladelphia
it.

* S.

P.

C.

& Erie
& S. C. &

lit.

ToUl

1874.

94',.393

$178,881
856,621

1875.

\tcblsou. Top.

&

Santa Fe.

.

.

&

n. P.

S.

City

1874.
$1,250,806
2,391,016
826,304

$1,520,359

iloblle&Ohlo

1,914,.84J

&

S. C.

& St.P

817,478

Total

TO DKCEMBER

1

$4,312,179

$
27.966

"Jetlncroase

OROSa SARNINQS FROM JANDABT

Decrease.

$122,358

31.

Increa-e. Decrease.
$2«9,5i3
*
476,674
61,174

$4,468,136

$320,737

$476,074

Netdecrcase
$155,947
Net earnings of the ATchi^on Topeka &, Santa Fe Railroad during December
and for tlie year 18*5, compare as follows with the corresponding figures for
1874;

December.
I8'5

Incresbe

&

and expenses of the Houston
and 18?4, were as follows:

Karnlnj;.s
iber,

Whole year.

168,004
52,468

|l«4

1875

$821,6U8
693,161

$15,R36
$128,444
Texas Central Railroad In Decem-

December,

I

December,

1875.

broMearuinga
IKxpenfes

1874.

$101,592

$317,657

184,377

U-7,785

number

of

A few some-

what ominous

failures, to which I shall presently allude, have
taken place, and they have naturally had the effect of checking
any tendency to improvement in business. It is not, it may be
added, at all clear that any such tendency was apparent, but, in

any case, the effect of further embarrassments cannot be good.
These are general complaints about the condition ot both the
wholesale and retail trades. A very general opinion prevails that
there lias been but little gayety this season, the absence of whicli
must interfere sadly with certain branches of trade. But when
we consider that Peru and Spain have paid no dividends, and
that Turkey is only about to distribute a moiety of what she
owes in the way ot interest, it cannot be at all a matter of
if a very conviderable section of the community
is
compelled to enforce rigid economies.
The losses sustained
cannot be surmounted in a brief period. They have only been
just felt, for the dividends were only due at the commencement
of this month and, should Peru become a permanent defaulter,
many must suffer very seriously. Although, however, failures
are taking place, it is not believed there is anything disastrous
to apprehend.
Trade, though quiet, is being conducted, even if
with small profit, at least with but few losses, as a very cautious
policy is still pursued but as long aa the majority of the people
are exercising strict eonomies, and as long as failures of some
importance continue to be made public, a decided revival of

surprise

;

;

Net earnings
The Philadelphia

$217,215
$159,872
& Erie Kailroad Company reports Its net earnlm'S for IS'
It |1,13:.413, against $l,0b8,"86 in the year 1874, being aa increase
of $68,627.
The Mliisouri ICiusas Ji, Texas Railroad Company reports $160,04:) as Ita exlenses in

December,

vuiisi

m

AJkTBHOV

showing

1316,

UllllUl

L1

Its

net earnings to nave been $143,214.

UIIU >auii IIICIIIU I

MCID

<CI.Ill}IIBI)

BVGHANGB AT LONDON, AND ON LONDON
AT LATEST DATES.

BXCHANGK AT LONDONJANUARY 21.

EXCHANGE ON LONDON.

business

is

scarcely possible.

The demand
ate,

for money during the week has been very moderand the rates of discount are as follows:

Percent.

Bank

rate

Per cent

|

6

months' bank
months' bank

4

and

5

4

Open-market rates

3X®4
3X©4

:iaand 60 djys' bills
8 moaths'bilis

bills
bills

8<i<©4

3)<©4

6 month's' trade bills. 4

I

The

rates of interest allowed by the Joint-siocK
discount bouseA for deposits are as follows :

©4M

banks and
Per cent.

ON—

TIH3.

RATB.

Amsterdam...
short.
U>.0>/,@12.1>f
lutwerp
3 months. 25.:)7>i@a5.42>o',
lambarg
20.58 ©20.62
short.
25.10 ©25.25

TIMK.

Jan. 21.

short.

Jan.' 21.

lerlin

S8
20.58
20.

'rankfort

Petersburg
Udlz
t.

90 'days.

ii8bon

Ulan

30X@30>i
48 ©t8)i
52X@52>i

3 months. 27.60
....
27.60
27.60

ienoa.
ItiDles

ladrid

lew Vork ....
!iode Janeiro

©20.62
©20.62

Ik

3mo8.
short.

!

**

3mos.

(

Dec.

7.

60 days.
90 day8.

aliia

/uenoB Ayres..

Dec." 2.

48'55
4.85

27)<@27X
43 '@49ji<

I'alparalBO

'ernambaco
lontevidco.

Not! '27.

..

60 days.

'ilcatta

long Kong...
banghai
'enang
ingnpore..

U."9}id.
u. <iy,a.
is,

ny,(i.

6».

6>i<i.

'.

Ja'n."l3.

6me6.

Jan. n.
Jan. 13.
Jan. 20.

Dec.

9 n-lOd.
U. 9y,d.

ll.

4». 0%d.
it. Id.
4». IXd.

18.

Sa'.'uiid.

.

Jexandrla...

previous four years

Government

English wheat
Uld. Upland cotton

mx
£

1874.

1876.

1876.

£

£

£

26,172,662
4.854.011

16,528.012

20,.W6,5'i3

14,795,266
16,719,458

19,675,471
15.148,923
15,358,310

27,631,542
4,623.565
19.708.224

16,632,5-13

24.488,411
8,281,177
18,5i7,?5!
13.271,325
17,397,630

14,791,848

14,656,019

12,288.231

11,321,833

9,669,819

24,777 888

24,698,404
4 p. c.

23.073,396
3X p. c.

22,624,6.«
4 p. c.

21,981.619
5 p. c.

secnrities. :4,69e,099

Other securities
Eleaerve of notes and
coin
Ooln and bullion Ir
both departments
Bank-rate
Oonsols

3p. c.
92X
8d

66s.

10;<d.

..

Wi

3.9;4,9.'«

15,7SS.!.«n

17.094,0«4

91Hd.

92,ki

m».

55s. 9d.

9 15-16d.

8 l-16d.

44s. 6d.
7 11-16(1.

I^d.

ll«d.

6d.

448. li.

8 l-16d.

(Io.40mnle yarn fair Sd
quality

Is..
.

3J.
__

Is. 34.

Is.

Is. Od.

House return. 183.679.000 113.875,000 137.187,000 149,196.000 128.128,000
following are the rates for money at leading cities abroad
Bank Open
Bank Open

Clearinir
Ja'n'."l9.

Smos.

'96

Ji

The

LFrom our own correspondent.]

London, Saturday, Jan.

luUion having been

bullion the increase

is

Paris

4

Amsterdam

8V

8

Berlin

6

8
4.V
4

Frankfort
ViennnandTrieste..-..
Madrid, Cadiz and Barcelona
Lisbon and Oporto...
8U Petersburg

5
5

4
S

Hamburg

rate,

market

per cent, per cent.

Bmsaels.
Turin, Florence

ax
and

Rome

5

Leipzig

6

4X
4«

Genoa
Geneva
New York

6
4

4

.

....

5

«xa7K

6¥ ..-•
CalcntU
6©8
6
(
Copenhagen
SX
Constantinonle.
6X 6X
There has been a moderate demand for gold for export, and all
incoming supplies have been absorbed. About £300,000 is due
from Australia next week, and It is certain that this will also be
Iwger than bad been •ent abroad, Silver has been in improyed demand for IndU, and

augmented by £387,387, and the reserve of
and coin by £009,161. The demand for money exhibits a
urther reduction, there being a decrease o( £383,180 in the total
>f other securities,
and Government hag repaid £500,000 to the
Jank, being one-fourth of
the sum borrowed to pay the dividends,

lotes

rate, market:
per cent, per cent.

33, 1876.

The position of the Bank has further improved this week, the
Toportion of reserve to liabilities being now 39 per cent, against
i6i per cent, last week.
The changes since the date of the last
etum are generally of a satisfactory character, the supply of

n the iupply of

:

Circulation, Including
£
bank post bills
25.389.832
Public deposits
4,647.244
Other deposits
23.160,620

-

.

lombay

.

Upland cotton, of No. 40'8 Mule twist fair second 'quality
and the Bankers' Clearing House return, compared with the

3mos.
Jan."21.

©...

the average quotation for English wheat, the price of Middling

1872.

47X@47X

©.

4

114.60
20.38
S0.32
31 1-32

©27.65
©27.65
©27.65

!.'!!

4

Annexed is a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,

j

'ienna

3X@...
3X©...

Dlscounthousesatcall
Discount houses with 7 days' notice
Discount houses with 14 days' notice

12.05
25.15
20.15
28.20

short.

1

aa.45

BATI.

3mo8.

1

3 months. 25.37"^

Viris

Joint-stock banks

LATEST
DATK.

6

4

.

I
I

:

"

.

THE CHRONICLR

150

a considerable amount of business has also been done on Continental account but the Council bills on India having sold at
lower rates, prices have since become easier. Mexican dollars

I

Deduct exports of wheat and

are in fair

demand

for China.

Annexed are the quotations
SOLD.

Bar Gold, flno
Bar Gold, reflnable
Spanish Doubloona

&

South American Donbloons
United States Gold Coin

IMPOIITS

«. d.
...
....
....

per oz. BUndard. 17 n«®
per oz. standard. 77 9}^&
77 ID^a
per oz. standard
....
per oz.
peroz.

BarOold

Result

:

d.

_.

....

li5,07,S

43,931,830

40,758,418

38,8»3,865

4:i,3l6,987

61e. lOd.

57s. 3d.

458. Id.

47s. id.

AND EXPOKTS OF OBAIN.

:

d.

per oz. standard. Br, 3-16®
Bar Silver, Fine
per 07. standard.
Bar Sliver, con'ng 6 grs. Gold
peroz.
Mexican Dollars
per
oz. none here..
Bpanlali Dollars (Caroms)
Five Franc Pieces
•.••^•.••P*'^.°S
Qnickaiiver, £10 llis, to £11 per bottle. Disconnt. 3 per cent.

©

IMPOBTS.
1875-0.

....

The periodical sale of bills on India was held at the Bank of
England on Wednesday. The amount allotted was £700,000, of

Wheat

cwt. 24,801.281

Barley
Oats..
Peas

4,410, «6fl
4.188,001

1875

1874-5.

1873-4.

15,580,801
6,94i,C89
3,881,331

18,165, ^fO

2i,0O3,ii;i

3,613,978
3,497 ,2:!3
348,938

7.506,1)1.;

6*,G4J

Beans

(i;M,579
],438,6:)4

IndlanCom

7,984,3W

Jlonr

2..'>W,3(il

4,537,343
3.035,853

95»,(i50

-n.

4 025,54-i
6:10,24!

1,0:K,343

S,198,5(;8
6,69S,.353
8,307.0.39

«.5',8,(n)

;

S,7i6,ni

1

EXPORTS.

which £400.000 was to Calcutta, and £300,000 to Bombay. Tenders
on Calcutta at Is. 9 3-16d. received 18 per cent, and on Bombay at
9Jd. in

1S73-4.
1,506,560

The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest— vii.,
from September 1 to the close of last week, compared with the
corresponding period in the three previous years

peros.
8II.TBB.

Is.

l«7,3t>0

Average price of Eugiieh wheat for
the season

1874-5.

187S-3.

1875-6.
10C,198

flonr.

;

February 12, 1876.

Wheat

cwl.

91.601

10,208
103,009

Barley

OaU

fi."25

Peas
Beans

full.

rate of discount to 5 per

-

.

4,190
13.988
8.397

..

138,277
l:M,87»
47,518
10,162
1,048
32,731

115,441
4.-35

1.431,050
34,919
44,220
6,920
5(18

13,5.'

71.544
The Bank of Prussia has reduced its
9,1,31
72.510
2'J,083
........
....
The state of the Bank account fully justified
cent.
quantity of wheat now afloat to the United Kingdom
The
and, no doubt, the mercantile community were glad of the change, amounts to 1,233,000 quarters, against 1,613,000 quarters; ol
as trade in Germany is reported to be neither active nor remunerquarters, against 368,500 quarters and of Indiat

lodUnCorn
monr
that course,

I

barley to 06,500
corn to 80,730 quarters, against 140,600 quarters last year.
With regard to the wool trade, Messrs. Hoare and Hudson
remark that, since the close of last November-December sales
;

ative.

The

failure has taken place at

Lyons

this

week

of Messrs.

Cbarlron et Monier in the raw silk trade. The liabilities are
estimated at £300,000, and, in consequence of that stoppage,
Messrs. Gaury & Co., of London, have failed for £100,000. The
suspension of Messrs. Spotten & Co., of Belfast, also appears to
have created considerable difficulty with firms with whom they

business has been very quiet, and prices remain unaltered. Tliere
and foreign
are a few inquiries for new wools, both on home
public sa'e,
account, but as shipments are generally held for
Manufacturers' and
there is little or no business to report.

had business connections.

consumed, and are likely to be
foi
very small at the commencement of next sales, which is fixed
discount houses have been held this week, and they have passed off
anc
the 15th of February. The arrivals to date are Sydney
At the meeting of the London Joint Stock Bank Queensland, 3,737; Port Phillip, 11,911; Adelaide, 5,890; Van
satisfactorily.
the directors' report showed that, after providing for rebate, and Diemen's Land, 215 New Zealand, 3.092 and Cape,31,14l bales,
crediting the guarantee fund with £7,840 for six months' interest,
making a total of 44,986 bales. The quantity of wool estimated
the net profit for the half year had amounted to £132,311, of to be afloat is as follows: Sydney, 24,000 bales; Victorian, 131,000;
which £90,000 has been appropriated for a dividend at the rate of South Australian, 56,000; New Zealand, 3,000; and Cape. l.OOC
per cent, per annum, and £30,000 for a bonus of 7s. 6d. per

The

dealers' stocks are being freely

half-yearly meetings of several of the principal banks and

:

;

;

m

bales.

shire (together £1 10s. per share, equivalent to 10 per cent,
The
for the half year), leaving £3,311 to be carried forward.
guarantee fund now stands at £533,800. The " amount due by
the bank on current accounts, deposit receipts, circular notes and
acceptances," &c.,

is

£19,369,967

;

Business in the stock markets during the week has been verj
and the tone has been rather dull, though an improvement
has manifested itself in some departments during the last few
quiet,

days.

the "bills discounted, loans and

The half-yearly meeting
London and Westminster Bank was

inud
American railroad bonds have been in moderate deina
and the tendency has been favorable.

for investment,

other securities" represent £17,678,144.
of the shareholders of the

held on Wednesday, and a dividend of 7 per cent, for the half
year was declared. The report states that the net profits of the
half year have been £183,568 13s. 4d., and, after the payment of
the above dividend, the " rest" or surplus fund will amount to
£710,0a0 6s. The amount due by the bank on deposits, circular
notes', &c., is £38,774,117 10s. lid., the total of the bank's accep
tances being £1,335,939

28. Id.

Bills discounted, loans

and other

securities reach a total of £34,031,048 10s.

The corn trade has remained dull, and difficulty has been experienced in obtaining former prices except for the better qualiOwing to the recent depression in the trade,
ties of produce.
& Sons, of Liverpool, have been comKadford
Samuel
Messrs.
pelled to suspend payment. A meeting of creditors was held on

The

London, Saturday, January 39t|
dacSa
England have this week reduc
discount from 5 to 4 per cent. The alter-

directors of the fiank of

minirmim rate of
was fully expected, the rates of discount in the open market
per cent, below those current at the Bank of Eng
being about
their

ation

U

has. in consequence, been transacting very little
discount business of late, and it has reduced its terms with a view
The Bank return
to place itself in a more favorable position.
be allowed tc
also shows that it was Impossible for the week to
considerable
a
has
been
There
change.
the
making
pass without
the
return of notes and coin from provincial circulation, during
land.

The Bank

wtek.resulting in an increase of £809,943 in the

and the proportion of reserve to

total

which was
being an improvement
liabilities,

reserve,

last

week

rathei

of
39 per cent, is now 43i per cent,
more than 4 per cent. It is well known that the recent advance
demand for gold, anc
in the Bank rate was caused by the German
some exports which were made to Paris. Latterly, the de

Wednesday, at the offices of Messrs. Harmood, Banner & Son,
North John street, Liverpool, at which the liabilities were stated
Me8.srs.
to be £130,000, while the assets amounted to £154,000.
by
Radford offered payment in full in two instalments at three and mand has been very moderate, and, although tlie importations of
mint, yel
six months; but it was resolved, with a view of enabling them
bar gold have been absorbed on account of the German
to make the payments with greater certainty, that they should be there have been some arrivals of sovereigns from the continent
also,
three in number, and extend over nine months.
and these have been sent into the Bank. It is probable,
The last official return shows that in the 150 principal markets that during the next few weeks, the arrivals of coin from the
for coin,
of England the farmers delivered 43,4i3 quarters of wheat,
provinces will be on a considerable scale. The demand
average
against 67,083 quarters in the corresponding week of last year
owing to the slackness of trade, is decidedly below the
of the Haul;
and it is computed that in the whole Kingdom the sales amounted
is every reason to believe that the position
;

and there

to 173,6.')0 quarters, against 268,330 quarters, being a decrease of
94,680 quarters. Since harvest, the deliveries in the 150 principal

markets have been 925,577 quarters, against 1,330,613 quarters,
and in the whole Kingdom it is estimated that they have
3,703,300 quarters, against 4,946,500 quarters in
1874-75, being a diminution of 1,244,300 quarters. It, is estimated

amounted

to

that the following quantities of wheat and flour have been placed
upon the British markets since harvest
1875-6.

cwt
of wheat since harvest.... 21,801.581
2,570,361
Imports »f flonr since harvest
16,660,386
Sales of Knullsh wheat

ImDorU

ToUl

,,,,. ,441032,038

1872-3.

1874-5.

1873-4.

cwt

cwt,

cwt.

16,580,891
3.085,853
22,259,034

19,165,486
2,367,619
19,867,300

21,003,461
2,728. 114
19, 742.440

40,985,778

40,400,485

43,472,015

There is certainly nothing known ai
course, we arc
present calculated to make money dear, though, of
the coinage
as
long
as
perturbation
lial)le to brief periods of
this country
operations are in progress in Germany. As far as
no expecta
concerned, a very quiet year is anticipated. Tuere is
will continue to improve.

i.'

tha'
any speculative activity in trade, and it is very certain
witl
meet
will
soundness
undoubted
of
schemes
only fina,ncial
be one of much inac
public support. The year will evidently

tion of

the dis
caution and circumspection will be observed,
course
alternative
of
any
admit
to
asters of last year being too fresh
of money seeking
amount
considerable
a
be
doubt,
no
will,
There
to he of the firat
invegtment but the security required will have
tivity, as great

j

:

:

—

:

:

:

THE CHRONICLR

^4February 12, 187G.]

cUas, aa the invoBtiog public refute to look at anything of a
doubtful nature.

151
at

The money market Ua« been very quiet daring the week, but
>*
"
1M7
of the Bank rate to four i)er cent, there has a. B.10-40S
Nsw Sa
been no material alteration in the rates in the open market. The
Tbsquotations
supply of commercial bills is still very limited. Anuezed are
rcr coat.

3

months'

The

4

Pw cont.

I
|

4

monlhs' bank blU«

d months'

SXtiilX
3«4435i

bills

rates of interest allowed

4

and

hank

months' trade

6

HX'Stt^i

l>ill«

>i>i&'')i
bills...

3X®I
dis-

I'er cent.

iHdo...

Discount hoiisi-s at call
Discount houses with T days' notice
Discount houses with H days' notice

'i'A6A..
3 ^...

@...
at leading cities abroad
,

money

rates for

Open

3
'5

B«rlln

Krankfort

S
6

Vienna and Triese..
Madrid, Oadlx St Barrelonu
Lisbon and Oporto. ,.

Rome

3«

5
S

I.elpsig

Genoa

5
4

0.inevrt

5

em

4

3>4

—

d.

'.'-.I

4X
4

New York.
Calcutta

Copenhagen.

.

.

Jorn(n.\V. mlx.Hl
Peas fCan dian) W nuartcr

d.

a.

HO
H3

rionr(Western)
Vbbl
Wheat (Ked W'u. Bpr).Vctl 8.'t
"
(UedWlntur)....
"
(C»l. White club)" 10 5
(luarler 87
.)»

11

8

10
81

r,

d.

a.

U
83
118

II)

(1

21

U

M

.1'(

(fiJommeicial

aiii^

II

d.

s.

».

d,

rrl.
d.

UU
MO MO
83 8S H3
»8

10
87

M

6
U

<I8

10
87
JS

s.

»8

7

10
»7

«

'a

»

illisccUaucous Ncvwe.

Open

market,
percent, percent.
rate,

Turin, Florence and

3

f)

—

OoUon 3farktt. See special report of cotloa,
Liwrpool Breadstujfa Market.
Bat.
Men. Ta«s,
Wod.
Thar.

Liverpool

:

mu

....

:i

Bmssels

4

Amsterdam
Hamburg

.

Bank

rate,
market,
per cont. per cont.

Paris

lOl.H

'

Wm

W<i

Onitad Htatea new Bvos at Frankfort ^rere

...IOI>i

"»8

:

Joint-stock banks

Bank

too

>.

count houses for deposits are as follows

The following are the

WH
IMM

10«

FrI.
?4 I-IA

IM .t 10
»l .%-lli '14 } IS
Kir.^
im.'.
1057;
>o*<^
luS'i
ZI0b>4
lUKii
100
lOtf
106X

\n.y;

\Wi
IW

Thar.
«t

91 s-IS

i-lH

1118

I

by the joint-stock banks and

S-M

M

106X
(or

tJ.S.ncwnvcs

Bmfcrato
Open market rates
30 and CO days' bills

M

imtH

Wed.

Tae*.

M

S-l« 01 &-I6
94 5 lit
U^ 1(1
10.-';
a.8.6i(lS-»OB,)18«5,old.lor,;{

BJoce the reduction

the quotations:

Moo.

M

Ooneols for money
" account

6

Petersburg

—

lupunrs AND Exports roR tuk Wbbk. The Imports this
show an increase In both dry goods and Keoeral mer-

ireek

shandisn. The total imports amount to |S,i50,200 this week,
against $5,406,809 last week, and $.°),87U,.'i7li the previous week.
Theexportsamount to|;4,5.J7,37.') this week, against f.'5,fl98.;*90 last
week and .$5,070,730 tli« previous week. The exports of cotton
the past week were 9,7:!0 bales, against 10,10:i bales last week
The iollowine are the imports at New York tor week enuine (tor
Iry goods) Feb. o, and for the week ending (for general inurahandise) Feb. 4
roBitaa impobts at kiw vona roa thi weik.

5X 6
There has been a moderate importation of gold during the
week, aix)ut £300,000 Iiaving arrived from Australia. The whole
187.-..
1873.
1874.
187(1.
of the supply of bar gold in this market has been purchased for
|2,Slj,!;i5
|2,8'.il.711
J2..Wi,l)30
|2.4S.S03a
Dry goods
S,iai,7S.l
3,346,814
6,081,417
4.-2liS.170
export to Germany, but latterly sovereigns have been arriving in Qenoral merchandise...
moderate quantities from the Continent. The value of silver
5,9-2tl.1l»5
|5,929,84-2
Total for the week,.
t7,.-2n,C4i:
ow
,38,.W8,'.ii(7
S7,70(l,l«4
SMM5.5(I7
2.5,8:«.l-)7
continues to decline. There are large supplies offering, and, iu Previously reported....
|42,SS8.109
tSi.STS.ilO
131.761,013
Since Jan. 1
t3l,157,S74
the absence of any Indian demand of inaportance, lower prices
In onrraport of thedry goods trade will be found the imponsof
have to be taken, both for bars and Mexican dollars.
The low point to which the Indian eschauge has fallen has dry goods for one week later.
Thefollowing is astatement of tUe exports (exclusive of specie
attracted considerable attention of late.
The quotation is now fromthe port of New York to foreign ports, for the week ending )
only Is. 9Jd. per rnpee, and the Indian Government are losers by February 8
the low price current.
ZFOBTB TROV HEW TOBK TOB THB WIKK.
The slackness of our trade and the
1874.
187.'i.
1873.
18M.
abundant supplies of silver are obviously the causes of the low Portheweek
»4..1S4.576
15.357.750
$0,419,713
|4..'.;i7.:«5
8'..

:

|;ii.7.'.(i

It i.s estimated that the Indian Government lose £3,000 at each of their periodical sale of bills, for each

prices current for bills.

amount

Prevloasly reported

Since Jan.

St!,45;i,695

S2,4i3.4.3

132,673,403

|20.S06.0S1

S3,0JS,131

|2a,380,9

1

il

•K.OOO.MI
$29,558.31

i

of bills usually offered

The following will show the exports of specie from the port of
New York for the week ending Feb. 5, 1876, and since thf

Manager of the Co-operative
Bank the institution which introduced to public notice
the Keokuk & Kansas Railway
has been arrested on the charge
of obtaining money under false pretences. This company guaranteed depositors 18 per cent, interest per annum, and it is certainly

beginning of the year, with a comparison for the corresponding
date in previous years

decline of l-lCd. per rupee,

the

being £700,000.
Mr. Hichard Banner Oakley, the

—

Credit

—

Feb.

3—Str.

Kiisia

Feb. 5-Str. Perlere
Feb. 5— Str. Germanic

Ilambnrg

SUverbars

$11,801

London

Silver bars

:2n,!.Jt

Paris
Paris
Liverpool

"llverbars
Gold bars
Silver bars

Wl.OliO
.'ii.1-5

35,1 (10

Jilex lean silver

lo.uui

surprising that after recent experiences, persons should be lound

any way in an undertaking, the promises
which could not possibly be fulfilled. Mr. O.ikley and his colleagues have been lecturing in the smaller towns and villages of
the Kingdom on the excellencies of co operation, and he succeeded
willing to co-operate in

Total for the week
Previously reported

$387,7t7
l,i«ii-,u»9

of

to the

who

extent of extractinsr .£50,000 out of the pockets of those

certainly could not afford to lose.

No

one can, of course,
sympathize with persons who graspat 18 per cent, annual interest,
but to the extent to which Mr. Oakley is legally guilty, will
depend upon how far, in his cooperative system, depositors have
made themselves shareholders. A few days before the " bank "
broke, a lady deposited securities valued at £900, and another sum
of £100 has since been received.
These sums were employed to
pay out an execution and remunerate the clerks, only a few
shillings being found when the legal entry to the premises was
effected.

It

is

probable that on these two last transactions, the

prosecution will endeavor to establish the charge of fraud.

by Messrs. Foster & Braithwaite
and Messrs. Heseltine, Powell & Co., for |:! ,000,000 six
per cent consolidated mortgage bonds of the Pennsylvania
Railroad Company, the principal and interest being payable
in United States currency.
The price of issue is to be 85
percent, or £170 per bond of £300.
The prospectus states that
the bonds form part of a total of f.j.OOO.OOO, Issued in Philadelphia, of which $3,000,000 have been placed there as registered
Subscriptions

stock.

now offered are " to bearer." They are
same mortgage, and have precisely the same
the Consolidated Mortgage Sterling Bonds issued in

The

incladed in
secarity as

are invited

|.'i,000,000

the

London and now quoted 98

1,

1870

Same time in—

^

..$2.-253,8)6

•

Same time In—

I

$3,674,414

tl",672,3I7| :870
1869
.<i,5«8,12)
S.niS.lQiil 1868
l,3'J0,31:i
1867
4.310,6731 1866

1875
1874
1873
1872

,

4.11 1,*!*

I

8.79.;

1871

The imports

S3S

3.4ri6,816

I

3,568.168

of specie at this port during the past

week have

been as follows
Jan. 81— Brif,'Kiche...!

Lagnayra

Gold coin

$222

4— Brig Emily
Feb. 5— Str. Andes

Uelizo

Oonalves

Silver coin
Silver coin

300

:

Feb.

Total for the week
Prcvionsly reported
Total since

Same tune

$711
398,210

$893,1H2

.Jan. 1, 1876

in

1875
1874
1873
1872
1871

Iw)

I

Same time In—

1870
105,504|18«9
185,531
1868
113,48911867

$146,463

I

I

275,849

$J,»7l.(tt0
1,6.%,S62

«61.»'«
1B9,««»

I

—

The New York Life Insurance Company is out with its annual statement, showing rash as'ets on J,an. 1, 1870, to the
immense amount of $30,645,9)5. During 1873 its receipts from
premiums and interest were $7,939,661, and its divisible surplus
at the close of the year was $3,499,G.5<5, out of which a reversionary
dividend will be "paid to pulley holders available on the settlement of their next annual premium. The Company continues
under the able management of the same officers who have done
so much to bring it up to its present stale of prosperity.

— Edson's

Patent Street Sweeper, which is claimed to b« a
and can be worked with a single horse, is
manufactured and sold by Henry N. Stone, Esq., Boston.
superior machine,

—

to 99.

BuslUb iSarKet Reports— Per Cable.
Thedaily closing quotations in the markets of London and Liver.
pool for the past week have been reported by cable, as sh -wn in
the following

Total since January

summary

—

London Money and Stock Market. The bullion
has Increased £70,000 during the week.

in the

Bank

We call the attention of our readers to the advertisement in
our to-day's issue of Mr. John A. Dodge, 13 Wall street, banker
and broker in stocks, bonds, &c., on commission.

—

The .Ktna Insurance Company, of Hartford, shows a strong
statement, as us lal. On the 1st of January, 1876, the market
value of its assets was $6,793,649. The claims not due and unadjusted were $346,335. In the ufiy-six years of its existence losMI
have been paid to the amount of $14,500,000.

—

.

THE CHRONICLE.

162

ggukecg'

(H)t

Feb.

@aKtte.

NATIONAL B.INKS ORQANIZBD.

6s,5-Sfl's,1865
68, 5-20'b, 1865, n.

1.,

&
&
&
&
£

New

18T6.

J,821— First National Bank of Wilfon, North Carolina. Authorized capital,
$61,000; paid-in capital, $51,000. Willie D. Rountree, President;
John Hutchinson, Cashier, Authorized to commence business Feb.

•This

Isttae

Cleveland

&

I

1

Feb.

11 to

Mch.

1

1

68,

11.

114 V,

•urn

U7'/, •117

m%

ii-iy.

*my. 'imi

MH

:

—Amount

1.

Feb.

.

4

3

12JVJan. 29
Feb.

f

119^ Jan.

2
29

4

120XFcb.

11

118*; Jan. .31
6 13.)^ Feb. 10

1.

Conpoi
«...

Registered.
Feb. 7 $193,392,200
Jan. 2«

11

.

•mv

lira
liyl
119]
*12l|
1211
•123]
•123 J
•1161
1301
•1171
1178
•1253

and the amount of eacUj
were as foUowa

1876,

llS)ireb. 2
119Ji Jan. 29

3 :2i;i

reg. 122)i Jan.

Currency

8t,314.1!

11.705,050
33,369,450
69.531, COO
89,390,850

11,070,9.
118,535.41
143,1.32,11

8Sl.a31,K
2i.816,&

;4,6-i7,oi;o

141,708,550
.>i2.S59

219,222.100

71

S73,836,3J

64,62.3,512

Closing prices of securities in London have been as follows:

substantially unchanged siuce our last
Jan.

Feb.

28.

4

105 Ji

my,

money

;

mX

3

conp. .119Ji Jan.
coup. tl'iJi .Ian.
reg. lieji Fob.
conp. .118 Jan.
coup. 1165i' Jan.

53,funded, 1881

is quite easy, government bonds strong and
bonds and stocks somewhat variable, gold dull,
and foreign exchange stronger.
There was a little surprise at the bank statement last week,
which showed a decline in the surplus reserve, chiefly in consequence of a considerable increase in deposits; but this was not
regarded, upon the whole, a.i indicating any particular change in
the course of the money market, and the opinion is still general
that money is likely to be easy for some months to come, though
it is questionable whether there will be such a glut of money as
we had last year. On call loans the prevailing rates have been
3@4 per cent on government collaterals, and 4@.5 per cent on miscellaneous stocks. Prime commercial paper is in sharp demand,
and there has seldom been a time when there was a smaller sup
ply of choice paper offering. Merchants are disinclined to borrow
money to enlarge or push their business, and those having money

report

coup..l20Ji Jan.

3 122'i
10

5-20'8, 1364
coup
5-SO's, 18'»
coup. . Ilex Jan.
5-20's, 1865,new,coup..ll7
Jan.

58,10-40'8
58,10-40's

on dera.

FRIDAir. FEBRUARY 11, 1876—6 P. M.
money market and Financial Situation. — The finan-

situation remains

1881

68, 5-20'a, 1868

litaurance.

Xlie

reg..ll9Si; Jan.

6s,5-20's, 1867

Sterling Fire

cial

6i),lS81
6s,
63,
6s,
6s,

I

1,

Highest

Lowest.
:

Whek ttooKs Closed.
P'ablb. (Bays Inclusive.)
Hch.

IWX

Board

at ciie

Since Jan.

.

Railroads.
Pittsburgh, guar. (quar.).

Feb.

10.

12JX •122)^
122 if •I2z^
•lUV •114*—
•114V 1M|

m^ ma

in pri.ies since Jia. 1, 1876,

DIVIDBNDM.
PsR

Feb.

9.

\ii%

*114Ji

mx

bonds outstinding February

class of

Cbkt,

Feb.

*m^

once bid. no aau was made

The range

1876.

COMPAHT.

....

lUH

9,32;^National Bank et Oreensbarc, North Carolina. Authorized capital,
Jesse H. Lindsay, President;
$100,030; paid-in capita!, $60,000.
Julius A. Gray, Cashier. Authorized to commence busluesa Feb. 7,

recently been announced

8.

*i:4!i*iMj^
*in)j
"A-y,
*in}i
July. 119H *n9i( iw/.
Jnly. laix •12IK
July. 121X *i2iji *i-n%

*

1876.

The roUovlne Dividends hare

Feb.

7.

*i^y.
mx
lay, *my.

68,5-ao'8,1865 n.i.,coup.. Jan. tSs
1I9« ii\iy.
68,5-80's, 1867
reg. .Jan.
121 *f
68, 5-20'8, 1867.... coup.. Jan.
121
6s,S-20'B, 1668
*123
*lii.ii( •123 Ji •123
rer. Jan.
July. •1S.3
88, 5-20'8, 1868
coup Jan.
ii3 »\nji »!«i4f *1X'3
July. •1J3
58,10-40'B
reg. Mar.
Sept. nbs< iieji »imi ll6»iJ 116'^
*180
58,10-40's
coup.. Uar. &Sept. 119Ji •IWX 119>i •120
Ss, funded, 1881
ir,y. u-.i^'my. ^nn
reg . . Quarterly
117?^
58, funded, 1881, ..coup. ...Quarterly.
iiTx
injf
88 Currcncv
reg.. Jan.
July.
186X 125X 126X 125? J

York.
Authorized capiul,
$75,000; paid-in capital, $:6,000. Joseph R. Tharratt, rrejideiit;
Clark Dodse, Cashier. Authorized to commence business February

5,

Feb.

A Nov. •117X- •inx
coup., May & Nov. llV'/g inx
reg. Jan. & July
119Ji- •ii93i
.

1376.

3,

5

*m%
nn

&Nov.
May & Nov. •1I4K

States Comptroller of the Currency furnishes the
followinf; statement of National Banks organ'zed the past week :
2,31»— First National Bank of Winston, North Carolina. Autljorlzed capital,
|S>,10U; paid-in capital, $10,000. Joseph A. Bitting, President; J.
W. Alspaugh, Cashier. Authorized to comnieuce business Febraary
S,

conp.

&
Jan. & July.

6s. 5-«0'8, called b...reg. .May
68, 5-20's, called b.coup..
6s, 5-80'8, 18ti5
reg. May

Tbe United

3,830—First Naiiooal Bank ef Boonville,

Int. period.
reg.. Jan.
July.

6»,1881
88.1881

—

«

.

iFelraary 12, 18:6.

Feb.

,

11.

Range
—Lowest.

since Jan,

1,

r6.-l

Highesu

|

active, railroad

are, in

some

on sound

cases, inclined to let

collaterals, rather

than

it

lie idle,

to use

it

in

n,8.68,5-20's,1886,olrt..

0,8.68,

of

of the State of New York has sold $2,000,0
due in 1893, held by him in trust for the Bauat|
Debt Sinking Fund. The sale was made, on public tender, fo|
119 in Bounty 7's at par. The whole Bounty Loan matures o^
In trust for the Bounty Loan, which pays 7 pei
April 7, 1877.
cent, currency interest, he has received 6 per cent, gold on thj
Canal 6'b, and now sells them out at an advance of fully 10 p8|

The Comptroller

of Canal

Louisiana consols are not quite as strong. South Carolinj^
it is concluded that the interest will baj

and a comparison with 1875 and 1874:
1874.

Jan. 29.
P«b. 5.
Differences.
Feb. 6.
Feb. 7.
Loan«ui..,ill8. $26i,2in,C0G $266,067,400 Inc..t.3,860.400 $291,197,700 1277,337 100
Specie:
2i,481,700
i3,570,800 Inc.. 1,039.100
15,lti3.40a
33,220,700
OlrcnUtiOL....
I7,75T.10O
17.449.300 Dec
303,000
23,612,2(0
26,903,800
NetdopusilB.
220 0*3.000 224.519,100 Inc.. 4,485,200 2.33,123,200 239,958,800
Lefalteudcrs.
4^.ili^.UM
47.35j,2O0 Dec.
C7.J.80i)
67,275,400
59,052.900

country un;

among

firtreries,

,

irred,
1

have

all

Corporations of
cities

and in the

The Northampton Bank robbery
and the commercial failures which have
tended to shake confidence, and in New England
the buyers.

re is a greater inclination

than ever to invest in governments.

have been some sales by foreign bankers, and although
the margin between London and New York prices is not as
large as it was, at times, in January, there has still been profit
enough to admit of a considerable movement in this direction.
Here, there seems to be nothing for a corporation to invest in
T.iCi'd

that

really satisfactory, both as to soundness

and ready convertibility into money, except United States bonds.
We heard
the remark of one officer of a savings bank, that they would
have to buy governments if they paid 150 for them. This week,
five-twenties of 18G7, ten-forties, and particularly new fives of
1881, have been iu favor with purchasers.
Closing prices daily have been as follows:
is

!

paid on the 15th inst., according to notice.
Railroad bonds have shown a good business, with a tendencjj

towards higher prices. The Pacific bands have been mora freelj
dealt in at an advance.
The St. Paul and Northwest bonds have
been decidedly strong, in sympathy with the stocks, and th^

company sold to-day at 88
government bonds must naturally leai|
parties to look for other investments which pay a better interest
on their cost, and there seems to be reason why first-class rail-j
road bonds should sell at still higher prices than they have yes
Hannibal and St. Joseph 8 per cents fell off on reporta
reached.
that the company had not sufficient funds to meet all the intcrestj
maturing March 1
there have been no definite statements,!
however, and the weakness in stock and bonds is attributabla
as much to the lack of information about the company as to
consolidated 7's of the first-named

The continued advance

in

;

active business in

government bonds under the continued purchases of insurance

the Boston

consols are firmer, and

I

The weekly statement of the New York City Clearing-House
Banks, issued February .), phowed a decrease of $706,000 in
the excess above their 25 per cent, legal reserve, the whole of such
excess being |14,709,725, against |13, 505,735, the previous week.
The following table shows the changes from the previous week

companies, savings banks, trust companies, etc.
this class, both in New York, in other large

G'a,

cent, currency.

,

United Slates Ronds. —There has been an

H

Feb

;

—

1875.

106)i

:

some

£76,000 in bullion for the week the discount rate remaining
unchanged at 4 per cent. The Bank of France gained 19,125,000

-1876.-

S

xlOSJi Feb. 11
104i< Jan.. 13

will be due. TUe liabilities will amount to $.3,618,249, leaving a deficit of
$2,446,547. In January of 1318 the assets will amount to t1,318,tOJ li'ibiliti. s
due, $1,459,027, leaving a deficit t3,H0,3i5. The entire interest-bearing debt
of the State amounts to $22,908,000.

England statement on Thursday showed a gain of

francs in specie.

109'/,

106>i

:

exceptional cases sales have been

The Bank

1C9X
108
105 ?i

:06>i
lOSJi

Nashyjlle, Feb. 9.— The Comptroller has furnished the following Plate
ment of the financial condition of the State's assets Next January $1,201,701

loaned at 3 per cent
merchandise opera-

best paper has been sold at 5 to 5i per cent., and in
made still lower.

109>i
107"^

105«

Feb. ffl
Feb. 1
XOSH Feb.

3

State and Railroad Hond»._The business in State bond
has been moderate. Tennessees are lower, and the advices fron
The follo%viug
the State seem to be considered unpromising.
one of the press despatches

tions.

The

5-20'B, 1867

17.8,58, 10-40'8

HewSs

104)^ Jan..
107M Jan..

anything

else.

Daily closing prices of leading State and Railroad Bonds, and
the range since Jan. 1, have been as follows:
Feb.

Tenn.

63,
'I'euu. ss.

N.Car.
Vlrg.

5
•J5>i

old

new

Si.old....

«B,

*HH
'IT

conaolld '75

2d series. MIX
do
Mo.Si, long bonds 'lOi
Dlst. of Col. 3.65a.
71X
0. of N.J. 1st cons ill
U.Paclstts, gld 105K
C. B. & Q. cons. 7s

C.&N.W.Cp.gold

Wm
90

102X
ilj<

lOSX

90X

1. &P. l»t7l':09V "IM!,Krlelst 78,ext'd. "loex •li'SM
'98
L.S.&M.S.Vdc. cp "9;
M. Cent. cons. 78. •lO^H lOSX
M.&St.P.C.B.f.73 SIX
8ili
M. & Essex ist ni. "'.17
"llSJi

N.Y.C.&H.

&

litcj)

M. con«.

B. I.

Pitts, Ft. W.&C.l-t

St.L.

&I.M.l8tm

Un.Psc.

do

*Tbii

1st

68,gd

B.F
la

48

•44X
•17
•75
•45
'10-iH

72

lUX lU
1U.3X

-laOM
"SSX
'llaK '114,4

•l-.'0,'<

^m

1(6X
'103

90X
l(.9x
1(6
•98 V

103X
S5
117
l-JOX
9i
116

'SS

•9614

tea

1U3V

l'J3i<

wix

'K^ 'MX

the prlo« bid

j

10.

9.

7.

46
45
'17
•75i<
4i

C. 8.

O.

Feb. Feb.

Feb. Feb. Feb.

»5,S

•41

11.

]

.—Range since Jan. l,';6.*i»
Lowest.
Ulgbes

•4-J

1
1251 Jan. 11 46X Feb
13
Jan. 4 nx Jan. 19
76X Jai. :i9 76X Jan. 29
44
Feb.
4,iXFeb.
11
45 H
lOJX lOiX •:02x ;0O Jan. SllOSX Jan. «
IV4
TiH 7S
66X Jan. 211 73X Feb. 11
".11
Feb 7
IIOX
103X J >u. 13
106« •lOSH 104 Jin. ll|l08X Feb. 8
:06
•108
•103!, •108K 107!, Hn.
I'.lOiX Feb. a
90
»)
901,
Six J:"i. 3< 91 Jan. 28
Jan. V
•iU9X 109 H 1U9X 107X J< n. 8 110
Jan. 981108 Jan. 28
•!06>« •106 .j •;osx US
•93V •S8}i
I03H in!!([ im% loi" jai! ''Jm" Feb. 1
HI
85
E8
79X JM. SI 83 Feb. 11
•117
HI Jan. 4;il3 leb. IU
113
'iir
III
l;uW •laox 120 Jan. 15'iai Jan. li
;9
•9iV •.!-<l/
MX J^D- S 99X Feb. 31'
Feb. 8
T.lH 11 >, '115
114X -Jaa. Hi 116
93 >< •»0V mx 95 Jan. 4,100 Jan. 20

43
•17
"75
•45

•43X

•17

•75X

•41
•17
•7.iX

i

mx

'

IlMX
95*

lois.
1(6

no uti* W(i mad«

10) X

wx

st the

10;x Jan.

93X Jan.

Bosrd.

4iIlMX Fet>.
8!

W

Feb,

11

1.

V

—

H

.

X

:

'

"

.

—

Railroad and miseellaneoas Stocks. The Htock market
lina
been somewhat irre(?ular, and priceB variable.
Pacific
Mail, after tlie decline of last week, has remained comparatively Bteady, and
to day reached 3(!i.
Nothing now ha.s
been developed in regard to it. Lake Shore fell off on We<lnesday, in amseqncnce of the report from Chicago that there
had been a new disagreement among the trunk lines as
to
East-bound freights, and that their recent pooling nrriingonionts would be broken uu.
Michigan Central was also
influenced by the same report.
Uannlbal Si St. Joseph fell off to
on unfavorable rumors as to the company's
I8J-, yesterday,
linancial condition, with a recovery to 30 at the close to-day.
Inited States Express has been the most notable stock on the
hull side, and sold to-day up to 71}.
This Is said to be on the
expectation of the resumption of dividends.
The strongest of the

leading speculative stocks have been Northwest and St. Paul—
ilie.se on the prospect, which is reported to
be good, that the
Potter law in Wisconsin will soon be repealed.
Ohio & Misnif.sippi lias been steady, and its earnings for January show
a
conHiderable increase over the same mouth of 1875, the friends
of the road also claiming that, with the present freight rates, the
company can show much larger net earnings throughout the
year.
St. Louis & Iron Mountain stock has advanced to 25 on its
large earnings.
New Jersey Central declined sharply in conae(liK'iice of the unfavorable aspect of th*e anthracite coal trade,
and some large failures among dealers. At the close, prices were
generally strong.
'I'otal transactions of the week in leading stocks were
as fol-

lows:
Lake West'n Chic

Mall.

tVb.

5....

9.,

,

10

,

U.,

,

40,600
81,900
28,6)0

4,'200

46.3^)0
ar.rido

6.300

3S,400

»7,I0D
SS.OOO
39,400
80,400

5,600
5.2)0
lO.OOO
7.000
8.:M0
22,700

L^aoo
9,100

t

Oblo

ds

Sbore. Union. N'weit. Krle,

10,700
11,900
lO.BOO
9.200

.

Ml«s. St. PanI. pre!

1.700
1,500

900

7,900
9,40C
17,100
11.900

8,400

5,'iOO

M

3,100

S,.'500

1,3

213.300
494.BB5

149,300 60,fi00 10,100 55,200
837,871 149.9S0 780,C0O 200,000

Feb.;.

n.y.Cea.AU.K. •.]\\ in
Karlem
133H :36;4
grl8

leji

Lake Shore

16X

6.->J<

I5«J(

112

137

MlcliiKau Cent.

i%

Pacific uf .Mo..

e-iX

67>i

«0i,

61

S2>i

109S

'.0»)4

119

Ssn.ASC.Jos.

119

•80X

do.

do.

21

Panama
West. Un. Tel.
At. & Pao. Tel.

21

SIX
LS\ 6SV

pf.

Jt

108
59
81

ux

M%

31

31

17^

103V

lOSV

ll»

S»

59JJ

60
69
8S

66X

....

S5

—Lowest,
Jan.

.

N. Y. Cen.

& Hud. R

Hafiem

Ef«
UkeSliOre

.

1,

104Ji Jan.
130Ji Jan.

.

15i<Jan.

60% Jan.

Michigan Central

Wabash
Northwest

do
pref
Rock Island
8t.Panl

57
3

Jan

Jan.
Jan.
Jan.
104X Jan.

88X
66K

35X-Jan.

.no

pref
66Ji Jan.
Atlantic & Pacific pref. 4
.Jan.
Pacific of MiSBonri
11
Jan.
Ohlo& .vlissiBsippl
16Ji Jan.

Contralof New .Jersey. 103
Del., Lack. & WestBrn.lie
Hannibal A St. Jo
183^
do
pref. 26

Union Pacific
Col., Chic.

&

Jan.
Feb.
Feb.
Jin.

67!<'Jan.

I.C

3X

Jan.
Jan.
Western Union Tel
7-lJi Jan.
Atlantic & Pacific Tel..
18X Jan.
QaicksUver
17^ Feb.
nrcf
_ do
2.3X Feb!
PaclllcMall
34
Feb.

Panama

Adams Express

American Bxpress

17X

127

101 Ji .Jan.

57
United States Express. 5"

35

8,900
5,9C0

43,400
153,992 122,744
is

Jan
Jan.

42X
6iX 63 X
42

43

7ii

79X

2ix

nx

1(19

«:!<

68K 70
fDi 87X
tali

211

bSV
i>H

^%

28
68

1,

2.1

35 X

ll)9X
63

109^

•21

X

110

41X
80

5X

14

MX

22X

21X 22X

II

105 X 10:
116
117X

ISX 20

2-iX

30

6SX 63X
5X 5X
;3J><

130X
76K ;7x

25

•22

2'l"

33X 36X
llOX llOX

IIU

63X (3X
68X 6»
S7X 33

(*« 694<
S7X S7X

V

5X

35X S5X

«8X

5X

77X
fji JMii 20X
17V

76V
•2tlX

•16V

35X

42
79

4V 1335V

IS

6jX

62
7U

62X
71V

8tH 88V

Board

1875, to this date,

,1.
Whole year 1875.
-,
Hleheet.
Lowest.
Hlehcst
May 28 107K May 8
1143i Feb. 81100
140
Feb. Il|l27>f Jan. 12 138
Apr. 27
18
Jan. 26 12y Jane 21 85XMch. 29
esXJan. 17 61J<- Sept. 15 80X Jan. 4
63
Jan. 15 S3 Sept. 2r HiH lan. 6
OXJan. 22 2X Dec. 2 SIX Jan. 8
48V Feb. 11 33>i Oct
48J(.Ian. 4
64V Feb. 11 46 Oct. 9 62XJan. *
109>< Feb. 8 lOOXMay 28 lOHJi Ang. 19
43JiFeb. 10 28X June 12 40X Apr. 9
3 80
Feb. II 61
Mch. 1 67J< Dec. S8
3
7
Jan. 31
3V Dec. 7 18 Apr. 30
7 I5)i-Jan. 31
Apr. 30
7}i Oct. 23 55
7 24Ji Feb.
1
2
14Ji Sept 83 32V Jan.
11 109!< Feb.
9 99Jf Oct.
S 12.)
Apr. 27
11 120H Jan.
3 10«>fJan.
S 123
Apr. 27

1S76, to date.

!

ii^Jia. 31
33>4 Jan. 31

157i

74X Jan.

Oct

8

30V Mch.

17 36
Jan. 18 82V
bJiJan. 28
Jane 18 9V
3
136
Jan. F lioyjan. 21 172
80>^Jan. 31
Feb. 17 84J<

m%

Jan
18X Jan.

21.x

24;^ Jan.

S'%

Ian.

llOx Feb.
6:; "4 Feb.
71 3i Feb.
71 8814 Feb.

29

Nov.
Jan.
Apr.

Ang.
31
17X Oct H 29V Jan.
7
13
May 14 35 Jan.
8 20
July 16 44 Jan.
17 80:J< Feb. 10 45J< Apr.
11 98
Jan. 21101V Mch. 23
« 50
Junc25| 65 Jan. IS
11 41V Ans. Ill 65
Jan. 11
71
Aug. 28l 92V Apr. 30

of silver is much talked of at, present, in
regard to its bearing
upon specie re'umption, but it does not yet appear that any
practical advantage can be obtained from it.
On gold loans the

carrying rat>^s were 3, 2i,
Loans were also
3J, 1 and 3 per cent.
mn^eflat. Customs receipts for the week have been
|2, 207,000.
The following table will show the course of gola and operations of the Gold Exchange Bank each day
of the past week:

ttt ns.o .0

ni-i
Hi;i
Ui'4
11*5

3l,t8i,(ma

ti ,tTs,nt ii.stu.ug

l<l,7« 1,000

l.tM.IU
gSO.ON

l.4tS,M>|
1.071, «SI

K.M»,001

l.sn,B01

l.SSBJtT
«6l.4tt

m

)«,103.00a

n5<.»il|

U.SM.OOO

7M,SW

118

$IH,»0»,000 »

lUX

Il«

Jan.ltodate

113

11«X

Il.lJ llj

»lt,IM
•

'.>^.'W
...

..„

.....

Forel«nKxch.n8.._Kxchangehasl»enstrong,'andadranc<Jd
to-day to 4.90 for short sight sterling. Th« bond
Importers have
still been the principal purcliasers, and
the merchants have not
considerable amount of bills. The supply of commeri^uM?^
cial bills also appears to have been quite
moderate, and with
anything like an active inquiry prices moved upward
It is
.

reported that $450,000 in specie will be shipped
to-morrow
A
loan of |:i,0O0,0O0 of the Pennsylvania R. K. Co. is
reported' by
latest mail advices, as being offered in I.rf.ndon.
At the close
bills were firmly held, and prices on actual
business were near
the quotations of leading drawers, which were as
follows
:

Prime twQkere' sterling

'" 4'j4

Docaraentary commercial
.

...!;;.."....";.. 6

Feb.

5...
7...
8...
9...
10...
11

"

Receipts.

$190,000

..

48(1,000

..

M9,00a
422,000
197,000
360.000

.

Total
»,2u7,000
Balance, Feb. 4
Balance, Feb. 11

Ne«r

York

CItr

HouM

antTsab'

Sab-Treaanry.

,

..

.

mii
(suj
jgCJ
S5x2

..
9S)i4
at the Custom

.

The transactions tor the week
Treasurrhave been as follows:
Castom
Honse

f6

ITxy-''-

'"

'.'.'„

Frankfort {rtlchmarks)
Bremen (relchmarks)
Berlin (relchmarks)

M

at

4°asuA4 84W
6 H^jSJ 14^
6 Jjlas' uri

Parle(franc«)

Antwerp (francs)

Amsterdam (eiillden)
Hamburg (rcichmarks)

.

4 S9«a4 HI
4 ib eit

Good bankers' and prime com'l
Good commercial

Swies (francs)....

U

Fob.

.

Gold.

Payments.Cnrrency.

Cnrrency.

Gold

»rjl.l87 61 tl,0OB.9O9 87
76.3,508 00
761,408 22
990,584 32
l,779,09i 67
725,851 S3
685.250 65
217,700 00
88M70 82
411,-;65 68
389,130 02

465,060
573.132
1,204,189
66.%893

8,803,060 81

8,811,084 76

$670,6.32 05

33-2,126

5,490,968 65

47,1.34,015 43
46.B2fi,U31 15

75
59
25

30
83

J.">a3.«3 78
79<,74« 1«

1,952,815
936.15(1

i.097.8is

M
n
n

580,on 19
5,90o,803 71

37.055 473 93
36.689,838 87

Bauk»._Th«

lollowlng statement shows
New York City for th«
at the commencement of business on Feb. 6, 1876:
ATIKISB AMOCaT OF

th e condition of the Associated

week
Bek ending

Banks of

Loans and

BaNKS.

Capital.

New Fork

Manhattan <;o
Merchants*
Mechanics'

Union
America
Phranlx
City

Tradesmen's
Fulton
Chemical
Merchants' Kxch...

Pacific

Kepubllc

Chatham

6,126.J00
S,«37.700
6,S!1',200
8,70i,(jO'J

1,854,600
1,066.900

5.«,200

841,600
1.570.700
5^1,300

8«.i.-.00

1,46 .',000

se

219J

2U9.7UO

1.300

766 .9<«

l.'<2

117. '00

1,t3u,600
1.7:2, 00
l,.<>5,0lV

.6,T«1
10,300

V 4,900

1,368.600

8 IJ200

1,j3«,7(10

iX,9ixi
46,200
273,400
741.000
2,239.900
104.600

91.100
<3*.600
197.700
8(B.300
1.314.000
S,JOO,000
794.900

841.700
2.819.800
931,200
2.564.400
6.95(,0CO
9.365.0C0

.

81«.4Vl
3.016,100
i,o;o.oou
4,012,100
11,180.(00
2 .2.0,600
4,946.600

2,000,000
5,000,000
10,000,000
1,000,000
1,000,000
422.700
2,000,000
490,000
412,500
1.000,000
1.000.000

S,3:X),10C

722.9(10

li:.500

554,000
813,200
805.:oO
330.600
336,000

r2.s;3,oo()

Continental

1.60(),nco

Grocers'
North Ulver
Bast Ulver

:,ilO«,0OC

llO.iCfl

674AI0

137.2(1(1
2'r2.i'00

271.100
911.000

.32.900

.'!62.500

8,776,100
1.6(8.300

Sj.300
140,600

S3-I,2i]0

2,»0,l(0

1H.21'.

ODO

l.ltt!2,lU0
6.'9,6il0
!

60.900

SO-i.^OO
66'.lllU

431 .OCO
2h8.(tt)
707,3(41

99.100
130,11)0

416A1C

242,a»

634.000
186.600

5.100
96.000
507.000
3,392,400
65,'00
6.200
13.700
1I,*00
10,300
5S5.40O

5.W.1

00

4.158.3tO
1,995.90(1

I53,'(0
ISI.IVO
187,600
169,300
lBa.700
2,»65,-00

2.-00
344.9UU
80.100

1M.40O
40(JDOO

a.0M.70e
898,700
229.000

3,317.000
1,914,700
2,787,a00
3,589.600
1,172.600
2.;81.200
2,912.700

1,244.000

9J.60fl

151 .TO)
19..,70O

!,.335.VOO

41.000

2,740.800
2,493.900
4,286.300
2.831.100
3.124.900
1,405,930
1.361.200
15.412.100

444,600
4«.;i'0

S.l,i2.i'.«

2,3'23,400

I.

300,0(10

2.lW7.!iOO

216,4(10

500,000

1,900,000
2,000.000
500,000

00

7f2.S00
207,200
400

SOO.CCO
l.UOO.OOO
1,000,000
1,000,000
1,000,000
1,000,000

Importers'^ Trad'ri
Park
Mech. Bank'gAsso.

L.^aceoo
6,811,700

1.932,700

1,000,000

300,000
400.000

3.Q

1.389.40O
51S7II0

8,3r2,30tl

•r.i»
45O.10O

>6.1'0
Ml.lOO

15!,.

vofim

3.739, 00

501,600

800,000
600,000
200.000
600,000
800,000

tfiM
Sn.!IM

6,962,800
2.872,800
4,(61,300

8.;67,00O

62:1

UOB.

mjoc

4.619.500
6.736.700
s.iao.ioo

I.61.S.J00

Metropolitan

OrlenUl
Marine

795,-200

ClrcDlk.

|9,.<4O.10U

3,5 .•8.600

Kassan
Market
St. Nicholas
Shoe and Leather..
Corn Exchange

Irving

l,lJli,.3C0

1.2:7

3,621.800
5,56 ',700
8,297.bOO

Citizens

North America
Hanover

Legal
Net
Tenders. Deposits.

409,500
406,500
301.800

4<,000

t.

3.3;4,U00
1,316,400
2.615,900
3.457 .500
2,I4>,000

People's

Specie.

|-2..'>5«.000 |I.4I1.S(KI

3110,001'

Butchers'&Drovers'

American fixch'ge.
Commerce.
Broadway

H.9S2.W10

1,000.000
1,500,000

Mechanlcs&Tradert
Greenwich
Leather Mannf
Seventh Ward
State of N. Tork..

Olsconnts.

|8,OOU,0U0
2,050.000
3,000,000
],000,00(
1,500,000
1,000,000
1,800,000
1,000,000
1,000.000
600,000

Gallatin, National..

Mercantile

was as follows

Balance*
,
Oold.
CurrsDCT.

,

Clearlnsa.

lltx

42X 43X

2»
69

V

6X

6U

,

Clo«.
ll«Ji

Current week

•<H 64V
108X 109X

IJU

31X
.ex 7!X
M% '«%

at the

42H
63X

6X

107V 1I'9X
1I7X USX
18X 19

l.SO

was made

42

C5X
.^S

1U31. :09X

14
21J<

>
2

.30V
69

•

6

4SX 43X
78X 7«K
5S 5v

109V 109X
1I«X 119),
28 !<

ms

19V 60V

5X

.*•»<

Feb. 11.
113X 113X
119H 140
16V 16X

Total

.

given in

& Co
Snj-i Jan.
Tlie Gold Warkei.—Gold has been
without feature of importance, and unless there is an export demand for coin or soue
speculative movement on one side or the other, there seems to be
little prospect of any speedy change.
The excessive production
Wells, Parfco

Oaotatlona
Oiwn. Low. HiKb.
Feb. 5.. ..«(»« !I«K IKJi
"
Monday,
T ...11«^ lliK IU'4
"
Tiio«d«y.
8....118X IU% Iia
Wedne»d«r,
» ...I»« lltV UV4
"
Thursdar,
10....m;<
I1JJ< llt«
" Ji ...iw
Friday,
n»« in
Batnrdajr,

6.800

56,-300

65

6K

108V 109X

7»X
21s
nj.

3-V

109
59 )i

no

entire range from Jan.

64 V

61

6

5X

'»%

35X

:

BJ
LSII

7liX

X 23H

67X

61
•5
1311

17

'

17V

23
3IJ«

Tblsti the price bldand asked

The

2UH

IBV

S9S tO<

14S
22V

21

aiH
3^S

Wellt, Fargo.. •84X

18,1100

Feb. 10.
112X llSX
"138X 139X
1«X 16V

F. b. 9.
112 V 11.3
•137X 139

1»X

109V :t'9!<
llbV ;:»

68X tSV

20X iO^

n\

31

5
5
1?0
1£0
"fix 7«>i
2-iV 21.V

77

QalcksllTsr.,.. "l.><
do
pret. "33
Pacific Mall.... S4X

idarasKip ...
amerlcanKl..
OnUed States..

31

Hi

.'i^;

'ISO
7ii«

6H

21 '<

T.ii

UDlonl'acInc..
Ool.Uiuc.&l.c.

6IH

t>K

.1^ ."^
!S» 14 K

78

Onlo 4MI»8... SIX Zl
Ceotralo: N.j.M08« VJOV
0«1.,L.& West
IISV

M%

mv

US
H«

77

nv
»%

41V 4.'^
*3S< 63H
1U9
lU9ts
42

41« 4JX

14

IS7

I7X
tin

i7J<

41S 42«
62» 61X
108X 109X

ii'i
Tlii
6

'i6x
1
13

Feb. 8.
113X 114X

111

16V

WabMti
Rortbwest
iVH 41X
do
pref. fjv 93«
Mock Island .. 1U8)« lOSjj
.

4,-m

h».ve been as follows
Monday, Tnesday, Wednesday, Ttanriday
Friday,

dacarday,
Feb. 5.

Paul
uo
prel....
It.* Pac.pref

9,800

and lowest prices

daily highest

•t.

-7.700
9.800

li.600
9,3D0

total number of shares of stock outstanding
the last line, for the purpose of comparison.

.

8,1110

4,600

The
The

PanI

St.

153

Receipts.

Total..
54,9no
Whole stock. ..«00,000

:

-

THE CHRONICLE.

February 12, 1876]

PacMe

'

ioMe
Kt^tM
ifiOt

282,100

2,1'>5.000

117.80B
423.000
130.(«*
S,«0»
194 .9(0
'Kn,8«0
762.300

1,838.900

1.073^00
3.3(0.9(0
1,57S,400
S.086,600
1,154.100
2,O^6,3O0
18,492,800
15,890.900

4JM
4811.800

(jooi

W*.NO
480,2«0
(0,>00
312.100

los.iW)
S88.700
7Jl>.aOO

(91.800
604 .8(0
13,171.300

1.S48.9C0

l.l^OOO

6,4(>4.0CO

1,2.^6.1K10

451.000

1 .775,' 00
6.241.900
(.306.600

184,730

Manufact'rs'AMer.
Fourth National

350,00(1
.300.000
3,00(>,OOl

Central National...

2,000,000

Second N atlonal
Ninth National.

300,000

1,6M,000

l,500,coc

S.^M.-VlO

8!!'.206

l,793,«Ot.

50C,('0i)

.',2(3.100

SS7.2O0

747.500

1,000,00c
500,000
1.000,0(0
2.w,rcc
200,000

6,448.5(0
1.(41.110

9M,H0

1,346 000

r:s.9n

1.(23,11(10

l.Mi.OOO
i.2;oa»o

6.70O
301.500
3.100

4».4n)
J70.00O

170,4(0
306.000
S96,(T0

75«.8.I0

U'OCO

l.l'W.lOO
1,013,000

XII .000

1.074,000
2,915.900
1.811,.«0

152^500
5,400

4.57.*<l
5'.S.«00

...

First National

Third National
N. V. National

Bxch.

Tenth National

Bowery National ..
New York Co. Nat.
German American.
Dry Goods
Total

:6.9iT,6oO
T,l3I.U0C

1,000,000
1,000.000

3':,C00

135.™
89.100
45,l'«l

7.701*10

1S0.(W

J.(«!IO,400

1.577,100

$81 KJSK %i.•S.0»^.4l!^) 23.570.30r. 1 47^56.200 l224.SO9.10O »i:.44».90<l
deviations from the returns of the preriouB week are ss
follows:
.

.

..

The

Loans

In-. »S.«6n<C0;

Specie
Ijeral

renders

Inc.
Dec.

I.'IS9,1,«

The following are the totals
Dec

11..

Bee.

Inc.
_l>ec.

J4.4'.V2':<'

for a series of

r».tl<)

weeks

past
Airpregale
Clearings

Loans.

Specie.

Legal
Tenders.

M4.3ta.IOO

16..i3»,400

43,310. BOO

:ra.9<6.w«j

41.910 JWO
4O.74J.20O
39.921.900

200.640.300
3(MJ7-i.600

19.02^.100
13.990.70*
19.791J1D0

S4«.»;.ftt

3)..3J4.«00

21'l.>2il.2)0

IS.5H.gT0

mja-.t^t

<4..WS.5i0
46.367.900

2HX54JOI'

1S.915..600
17.S92.1""'
t7.7S7.!)0O

It...

26-).512.500

16.105.00

Iiec 24..

261.633.500

Dec. 31..

2»4.0«.500

.Ian.

J«3 011.(00

Jan. 16.. .

Ml.6S..lfO

16.759.900
20 2 3. it
21.149 600
2.JO..10<<

.Ian. it..
Jan. 29..
Feb 9..

tUSMJKO

22.n4.2no

2IU.20>M)0

2.',48l,700
'28.570,800

8..

Net Deposits
Clrcnlatlon

673,»t)i

26(.0«7.400

44,(130,000

47.396,2(10

Circu-

Deposits.

2m .216 .000

217.3 M.jnO
4!n.ie3 lOD
221.909,100

lation.
I9.11SJWI

17,149.300

4'..3

I4«.lt49

4O*J2V<0t

XitMl.7n
447.W.S00
149.484

«t

4B1.7n.42»
445J50.701

—
.

. .

.

. ..

H

.. ..

—

g

.

,.
.
,..

>THE CKROOTCLE.

154

..

iFobraary 12

.

.

1876,

GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
and

U. 8. Pond*

RaUroad 8toek» are quoted on a premoui page.

aeiivt

Bid. Aik.

SX0UII1TIB8.

Bid. Ask.

BXOimiTIXB.

nallroad Bondn.
tstock Kxcha7iae Prices.}
Albany & Suaq., iBt bonds. .

AUbuna 58, 1883.
do
do
do
do
do
do
,.>,
do

do
do

98,1988.
88,1886,
88,1888

do

Sa. &t

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

6b
AkTltanBaa 68,

do
do
do
do
do

...of 18W,

of 1893.

funded

7b,L.

11.

&

Ft. B. IBS

& L. li.
78,M188.0. &K. RlV.
MemptilB

78,

78, Ari. Cent. R.
Connecticut 68
Georgia 68
7b, new bonds. ..
do
do
78, endorsed
7b, gold bonds.
do
•-.
Indiana 58
Illinois 63 coupon, 1877...
1879...,
do
do
Warloan
do

Kentucky

101
1C2
ll'2

.02

102
102>i

m)^

WX
do new bonds
do
do new floating debt 43 J^
do
43S
78, Penitentiary
do
an
6b, levee bonds
do
33
do
88,
do
43 S
1875.
do
do
88,
12
of 1910.
SB
do
112
Michigan 68, 1878-79
104
68,1883
do
109
78,1890
do
lOUX
Missouri 6b. due m 1876
1877
do
do
io6>i
1878
do
d«
101
1879
do
do
111
1880
do
do
:o^M
1894-5
due
In
bondB
Funding
lK>ng bds. duo '81 to "91 Incl.. 102,

68, Canal Loan, 1^
do
1878,
do
do
68,
6b, gold reg. ...1887
do
coup.. 1887.
6b, do
do
loan.. 1883
do
68, do
do ..1891
6b, do
do
d» ..1876,
do
58, do
Morth Carolina 68, old, i.&3.
A.&o..
do
do
N. C.KB....J.&.I.

do

Bouth Carollna68
Jan.* July
do
April & Oct
do
Funding act,
do

lt2i

lOlJi

.

U

1866.

&

Indlanap.

Pittfibxirg, guar..

Dubuque & Sioux

City

Brie pref

& St. Joseph, prof
lUlnol^ Central
Indlanap. Cln. & Lafayette
Jollet & Chicago
Lonff Island
Marietta & Cln., Ist pref
do
2d pref
Uunnlbal

do

90
90

six
101
104

Minn., Ist mort

83

&

& W., let mort.,
2d mort..
Mich. So. 7 p. c 2d mort
Mich. S. & N. Ind., S. F., 7 p. c
do

* T*l. sinking

Cleve.

d«

do
Detroit,

Buif alo
Bullalo

fund...

new bonds

do

ClevcP'vlUe

& Ash.,

old bds

do new bds
Monroe & Tol. bonds
A Erie, new bonds

A

State T.lne 7s

Kalamazoo & W. Pigeon, Ist.
Lake Shore DIv. bonds
do
Cons, coup., 1st..,
76 X

68>.,

«>%
9.!'»

1

3

1501,

isos

40

.tO

101

102

special.

m"
m

7
'a
22
i-i%

do
do
do

Cons, reg., 1st
Cons, coup., 2d
Cons, reg., 2d

I'KX

S^l..

87)1
31
14
103

1065. 109

106
105
lOl
loo;^
104>,
lO'ih

lOi'

Cleve.

raiscellancons Stock*
American District Telegraph..
Canton Co., Baltimore
Cent. N. J. Land Improv. Co.
Delaware * Hudson Canal....
'

A'i'erican i:oai
ijoniwlldatlon Coal of iwd
Mariposa L,*M. Co., ajis*t paid

do prof

&

Iron

Maryland Coal
Pennsylvania Coal
Spring Mountain Coal

"

*

do
do

Col.. Chic.

do

3d

A

s.

mort
fund

4th mort
Ind. C. Ist mort.
'!(.

'..'d

mort..

Rome, Waterfn A Og.con.

m
49

115
|07

03

do
do
do
do

do
W.O..
do But. DlT
do 2d mort..
da i:au80l.7il

,,..

Oswego
Poughkeepsle Water
Eochcater City Water bda., '9S
Toledo T'SOb
...
Yonkera Water, due 1903
B>II,K0ADP.
Atchison * P. Peak, 68, gold..
Atlantic & Pacific L.G. 6a, gld
Atchison A Nebraska, 8 p. c.
Bur. A Mo. Ulv.,Land m. 7s...

& Warsaw

Grand Trunk

8s

103
106
107)4
103
106

25
30
30

36

Dodge

do

2d

m.

^^

7b,

69X
108

90
77

pref. stock

1st m. gld 7b.
Miss. Ist 78, gold.
Lake Sup.
Leav., Atch.
N. W. 7s, guar..
Gal. let m.,10e..
Leav., Law.
Logans., Craw.
S. W. 68,gl(i.
Michigan Air Line 8s
Moutlceilo
P. Jervls 78, gold
Montclair 1st 7s, gold

&

&
A

A

A

Mo,, IfjnsasATexaa

eoIU

191

78
83
81

F. L. bda.

bonds

7a,

6«,

10

TO

Orleans 58
.

68

Chatt. Ist

m.

8a.,

end..

Tenn. li. lat mort. 78.
do
'2d mort. 78.
Atlantic A Gulf consol
do end. Savan'h.
do
do
do stock
do
do
do guar,
.

,

2.V

40
35

Carolina Centra] let m. 68, g...
Central Georgia consol. m. 7'
stock
do
Charlotte Col. * A. Ist M. 7s,
stock...
do
do
Charleston A Savannah 6s, end
Savannah & Char. Ist m.7a,..
Cheraw & Darlington 78
East Tenn. * Georgia 6s
East Tenn. A Va. 6s. end. Tenn
£. Tenn. Va. & Ga. Ist m. 7b.
stock
do
do
.

Georgia RR.7B
stock
do

A Col. 7b, guar ....

Greenville

do

do

78, certlf...

Macon A Brunswick end. 7s..
Macon A Anguata bonds
do
do

do
do

endorsed...

stock

MemphiB A Charleston
do
do

Ist'ts.

2d 78..
stock
Memphis A Little Rod: l«tm..
MlBBlsslppl Central Ist .n. 78.

do

do

do

A

.

2dm.

do
Mississippi

88...

Tenn. 1st m. 7b.
do consol. 88

Montgomery A West

P. Ist 8s.

do
do Income
Mont. A Euf aula let 8s, g. end.
Mobile & Ohio sterling
do
do
do ex certlf
do
do 88, Interest
do 2dniort.8B
do
do
do stock

A Jacks. Ist m
do certlf 's Ss,.
A Chattanooga 6b...

N. Orleans

do
Nashville

Norfolk
do

A

13
14
14

100
96
100

50

96"
77)1
95

30
60
25
25"
15
46'

S3'

Petersburg lstm.8e

do
do

do

2dm.

76
8s

Northeastern, S. C, let m. 8b.
do
2d m. 8b...
Orange A Alexandria, Iste, 68..
.

do
do
do
Rlchm'd

do
do
do

2d6, 6s..
Sds, 8s.
4th8, 8a..
Petersb'g Ist m. 78.
Rich., Fre'kBb'g
Poto. 68

*

*

do

do conv.7B
Danv. let consol. 68...
Southwest KH. Ga , let m.
S. Carolina RR. ist in. 7s, new.
do
68
Rich,

75
80
80
40
S5
89
30
30

8s

consol. 68
do
bonds. 7b...
do
gold 78, quarterly
do
10s
do
to railroads, 68..
do
Norfolk 68
PeterBbnrg68

A
*

53
67

old

6e,new

do

New

...

do

equip

Shore Ri:.

Nashville

Ala.
Ala.

International (Texas) let g....
Int., H. &G. N. conv. 8s
Jackson. Lansing * Sag. Ss...
Kanaaf. Pac 7s, extension, gold
do
7s, land grant, gld

L. Ont.

Columbia, S.
Columbus, Ga.,
Lynclihurg68

Richmond

do
1st L.G. 7i
do
Ist ex L. G. 7e
Grand River Valley 88
Hous. & Texas C. Ist 78, gold..
Indlanap. & VIncen. let 78,gnar
Iowa Falls * Sioux C. Ist 7s...
IndlanapoIlB A St. Louis 7b
Houston * Gt. North. Ist 78, g.

do
IC9"

C, 78,
C, 6s

64)

100
104

8s
do
Augusta, Ga., 7a, bon^p
Charleeton stock 6b

CharloBtou. S.

66)4

93^
82S

....

savannah 78, old
do
78, new
Wilmington, N. C, 6b, gold....
do
do 8s, gold..
KAILROADB.

Evansvllle, Hen. & Nashv. 78.
Evanavlllc, T. H. * Chic 78, g.
Flint & Pere M. 78, Land grant.
Fort W., Jackson & Sag. 8s
Grand R. A Ind. let guar 78

AG. R. 88,guar

g..

CITIBS.
Atlanta, Ga., 7s

69)j

88

KansaB City & Cameron 10s. .,
Kan. C, St. Jo. A C. B. 8s of '85
do
do
do 88 of '98
KeokQk A Dee Moines lat 7a
do
1st coup, Oct., *76
funded Int. 88
do

2d, guar.
do
So'eaatern Ist 7s, gold

AI.Mt. (Ark. Br.) 7s,

Montgomery
70

.

do
7b,
do newjgid
do
63,gld,JnneADec
6s, do Feb. & Aug
do
do
78, 1876, land grant
7s, Leaven, br'nch
do
Incomes, No. 11..
do
do
do
No. 16..
do
Stock
Kalamazoo A South H. 8s, guar

A

end.,M. AC.RR.
do
Mobile 58, (coups, on)
88, (coupe, on)
do

Ist fe.

A Columbia 78

do

St. L.
St. L.

c,

& Newark 7a
A T. II. Ist.

Vandalia

Macon 78, bonds
MemphiB old bonds, 6s
new bonds, 6s
do

104
104

&P. lBtm.78,g

78

C. Bl. Ist mort. 108..

Texas State 6b, 1877
68,1891-2
do
78,gold
do
10s, of 18!M
do
lOs, pension
do

102
105
101
102
101

'20

78. gold...

106'

no

20
ii

57y

'.Brokers^ QuotattonH.'}

106K

92

Ft.

m

75

STATES.
Louisiana new conaol. 7s
South Carolina new cttnaol. 6a.

109

let 7b, 10 years
2d 7s, 20 years
Chicago. Clinton * Dub, 8b
Can. South, let m. g. 7b
Chic.
Oh. D.
v., I. div., let m. g. 7e.

&

4!>.

82

Sontliern Secnrltles,

23
Chic, Dub. & Minn. 8s...
Peoria & Hannibal R. 88..
101
Chicago & Iowa R. 88..,,
89
Auierican Central 88
101
Chic & S'thwestern 78, guar.
88
Chesapeake A 0. 2d m. gold
Col. A Hock. V. 1st "8, 30 years 96"

do
do

19
•23

—

100
106>.

,

Illinois

14

fO)

167

108

105
108
108
108
108
109
(M.dlv.),g. 78. 22)4
S9
Cairo
Fulton, 1st 78, gold
83
California Pac. BR. 78, gold. .
do
6s, 2dm.,
68'
Canada Sonthern 1st

Quincy

40

mort..

8p.

*

.

do
78
do
stock
West Alabama 8a, guar
PAST DtJK COUPONS.
Tennessee State coupons.
Virginia coupons...do
consol. co'up....
Memphis City coupons.,,

,...

,.,,.
,,,,
.,

'..

w
30

Southern Central of N. Y. 78..
Union & Logansport 7s
00
105K Union Pacific, So. branch, 68, g
106 >, Walklll Valley Ist 7b, gold....
106X Weet Wieconein 78, gold
WlBcouslu Valley 88

2dS.,do 78...
3dS.,do 8a..
4th S., do 88.
5th S., do 88.
6IhS.,do8s

do
do
do
do
do
Bur.,C.R.&M.
do
do
do
do
do

Kal., Allcghan.

i08X 110
102K

965.-

A

104
103

Water7a

do
121
113

Iron Mountain, letm.
do
2d a
Alton * T. H., let mort,.,,
do 2d mort. pref..
do
d>
do 2d mort. income

Belleville * S. Hi. R. 1st m. ss
Tol.. Peoria
Warsaw, K. D..

1P6
107

Evansvllle & Crawford8V.,7B..
Erie A Pittsburg let 78
do
do
2d 78

665,

62X

99

Indianapolis 7*30b
Long iBlanI City
Newark City 7B

do

;C4
106
93
:05
103
05
104
106
98

....

A

St. LoulB,

loey

'85...

Hartford 68

Jo.

do
do
98X Sandusky, Mans.

Denver Pacific 7s, gold
Denver * Rio Grande 7s, gold.

93);

&

Cleveland 7s
Detroit Water Works 78.
Elizabeth City, due '95...

do

let

St. L.

7s, sewerage
78, water
78, river Improvement
7e, varlouB

do
do
do
do

Dutcheee

IstCaron'tB

Pitta, consol.

do

.*.

so"

IOf

«E J'aClfiCOft

do

St.

do

.

.

W. A

99
68
98>i

ciTias.
Buffalo Water and Park
Chicago 6s, long dates

m.

Soutbcrn'.Minn. conetruc. 88.

101

he.

Bid. Alk

1st

J. let

"cwego

t-

SiOUXClty

(2iroker9* Qiiotatioiis.'i

Des Moines

m

do
do

mort

Albany, N. Y.,6e

Dan., Urb., Bl.

2d mort
Chic, 1st mort.
do 2d mort.

Rx.iiwO'

my,

Detroit, IiniBdale* In. RR.8B
Detroit * liav City 8e guar.
Detroit, Eel River & III. 8e. .
Det., Lane. & Lake M. let m. 8h

.

do
do

Ist

Soutn Side, L. I., Ist m. bonds.
sinking fund..
do
Western Union Tel., 190O.coup
iniKCCllaiieoiis I'lst.

*

Peoria, Pekln

Chic, Danv. & Vlncen's 78, gld 20
Connecticut Valley 78
Connecticut Western let 78.
70
Chicago * Mich. Lake Shore.
25

96V

.\tlantlc A Pacific land gr,
Sonth Pacific RU. bds. of Mo'
PaclflcR. of Mo., letmort.

1831
ISTi
78, 18i4
reg. 78, 1894

Gulf

Peoria* Rock I.78,gold
Port Huron A L.M. 78, gld, end
Pullman Palace Car Co. Btock.
bds, 8s, 4th series
do
Rookf 'd, R.I. A St. L. 1st 7b, gld

coup.

&
*

Harlem, 1st mort. 7.J .ioup
do
do
reg
ss'
North Missouri, let mort
Ohio & MlsB., consol. sink, fd 98H
93 )i
do
do consolidated
do
do 2d do
do
do 1st Spring, div.
Central Pacific gold bonde..
106>s
do San Joaquin br'nch 94
do Cal. A Oregon 1st., 91*
do
State aid bonds
do
L. G. bonde
»j'k
9'J
Western Pacific bonds
Union Paclflc, iBt mort. bonde 10456 lOIK
do
Land grants, 7s. loi;, 101)i
do
Sinking fund... 9:* 96

do
do

do
do
do
do

do
do

102

loey;
Marietta A Cln., let mort
108
Mich. Cent., consol. 78, 1902
do
Istm.Ss, 1882,f. 1,
do
equlpm't bonds...
New Jersey Southern, Istm. 7s
do
do consol. 7s
104
N.Y. Central 68,1883

Pitts., Ft.

....

Cumberland Coal

.

Sioux City, Istm.
do
2ddlv

do

..

.

do

large bcls

Indlsnap., Bl.

38

Saratoga
117
Rome, Watertown & Ogdens. ,•«
St. Louis, Alton & T. Haute.
do
do
do
pref U
nellcvllle & So. Illinois, pref
St. LoulB, Iron Mount. & South. 22
Haute
Terre
& ludlanapolls...
Toledo, Peoria & Warsaw
Toledo, Wab. & Western, pref

Warren

do

do
Cedar Falls

S8X

.

N Y., New Haven & Hartford
Ohio* MIsslSBlppl. pref
Pitts., Ft. W. & Chic, guar...,

&

do

.

MlBSOurl, Kansas & Texas.
New Jersey Southern

do

loik

laud grants
88, conv. mort..

A Hudson Canal, 1st m.,

do
do
do
do

A

Oewpgo A Rome 7b, guar

with int. certifa. 68
do
Central Paclflc 78, gold, conv.. 105
Central of Iowa 1st m. 78, gold 36
do 2d m. 7a, gold
do
lOi'
Keokuk* St. Paul 88... "
Carthagt^ * Bur. 88
&C 104
101
Dixon, Peoria & Han. 88.
104
O. O. & Fox R. Vailey88.

lOO:

101

& Erie, 1st m., 1877.

Dei.

S.

2dm. 10b.
do
o
N. Haven, Mlddlet'n &W.78..
N. J. Midland let 7a, gold
7b
d'l
2d
New Jereey & N. Y. 7a, gold.
N. Y. & Osw. Mid. Ist 78, gold.
do
2d 78, conv.
do
North. Pac. let m. gold 7 3-10«..
')mal a & Southwestern RR. t'

m

103
113

St. Jo.

Mo. R.,rt.

'91

*

101;

78,1880
7e,I8SS

do

&

MH

'•'J''

cous. mort. gold bds

78,

102'

135
110

1O6M

endorsed

do
do

4th
6th

117

101
109

7e of 1871
Ist con. guar

do

Dubuque*

MorrlsAEssex

Rensselaer

109X

104
do
6s, 1887
U'lX
do
68, real estate...
103H
do
6b, Bubscrlption
109
lOOH
do
7s, 1876
•.20
119>i
do
7b, conv., 1876
55
57S
do
Hudson,
A
1st m., coup, l20K
x93
9351
do
do 1st m., reg,. 115
73
Rndson R. 7b, 2d mi', f d. ISS. lii'A

Chicago & Alton
do pref
do
Chic, Bur. * Quincy

&

80

100

Central PftCiSc

Cleve., Col., Cfn.

bonds. 1900..
construction

2d mort., 78, 1879
3d do
78,1883

do
Han.
do

SiM

45

do
do
do
do

Bua., N. Y.

Railroad Stock*.

Cleveland

105
10214
100',

CCC.A

Long Dock bonds

.

lAcUve iwemoxMy quoted.)
Albany* Susquehanna

2d mort.
do
do
lnd'B.lstm.7e. S. F,
do
Coneol.ni. bonds
Del., Lack. * Western, 2d in.
do
do
78, cony,
MorriB * Essex, let mort
do
do
2d mort.

do
do
do
do
do
do

1^

1667..
do
do
do couBol. bonds
do exmatudcoup.
do conaol. 2d series
do deferred bonds...
District of Columbia 3.658

mort

St. Peters, Ist

Erie, let mort,, ex tended

54

103

do
do
do
do
do

l8t mort. 88,
Chicago Extended,
Peninsula, let mort., conv
Chic * Milwaukee, Ist mort..

8ICUKITIE8,

Wabash, 1st m. extend,
do
1st m.St.L. dIv
do
2dmort
do
equlpm't bds.
do
con. convert..

Long Island RR.,

98 X

.

*

Galena

do
do
do
do

17

ofl888. 33),
7b
do
nonf undable bonds. 4^^
do
Tennessee 68, old
11
do new bondB. ...
do
do new scries
do
do

Texas, 108, of 1S76...
Virginia 6b, old
do new bonds,
do

wax

.

S^
37>i
1866.

S. F. Inc. 68,'95

1085,

Iowa Midland,

Winona *

LandO, 1889, J.* J 37H
LandC,X889,A.&0. 37 li

do
do

08k
09

114
lie'
J., Ist m., new.
do
let consol
I07k no
do con. conv
93
& Wilkes li. con. guar.
Am. Dock* Improve, bonds.. 162K
ll:i
Mil. * St. Paul Ist m. 88, P. I)
do
do
2dm 7 8-10 do. 96
do
do
78.gold, R. D. 9j
do
do
iBtiSi do... 99"
do
do
lstm.,LaC.D.
99X
lBtm.l.*M.D, 92>6 93
do
do
do
Istm. I. &D.. 81
do
87
Ist m. H. * D
do
do
do
do
letm. C. *M. 34
96X
iBt ConBol. ... 87
do
do
97
do
do
do
2d m.
Chic. & N. Western Bink, fund. ;i'ik
;05
do
Int. bonds, 104
Ull>.
cousol.bds
do
95
ext'n bds
do
102K 104 1<
Ist mort..
do
do
cp. gld.bdB 90
89
do
reg. do
losy
93]

1U6

Island 6b

100
103
llt;<

do
do
Lehigh

A. & O.. 51
do
do
doconpoff..]. & J.. 42
do
do do oII.A. &0.. 41)
do
Funding act, 1866... 10
do
!IK
1868.
do
do
Newbonds.J.A,!.. 9
do
A. & O..
do
do
Special tax. Class 1.
do
Class 2.
do
do
Class 3
do
do
105
Ohio 6b, 1881
US
do 68.1886

Rhode

X

m., guar

Louis, Jack.

Central of N.

102«

Han. & St. Joseph, due 1876 ICO
do 1886 lo;
do
do
do 1887 101
do
do
Loan, reg I04M
New>4aYork Bounty
t\e\
fr\\\\
cout
-OUD. 104
ao
do

Nfo., let

& Chic, ist m
* (J. 8 p. c Ist m.
do consol. m. 7e
Chicago, Rft. Island & Paclflc
St.

03H

1892.

46

Chic, Bur.
do

93

68
68

Asylum or Unlvcrs., due

Louisiana*

13

nw'

.

guar.

A Minn, ist 7b, g

* Chicago, Ist mort

Jollet

78,L.U.,P.B.*N.O.

LoulBlana

do

may

ver cent value, whatever the •par

Hannibal A Naples, Ist mort..
Great Western, 1st mort., 1888.
do
2d mort., 1893..
Quincy A Toledo, letmort. 1890
Illinois & So. Iowa, let mort..
Lafayette, Bl'n A Miee..l8tm.
Han. A Central MIseourl, letm.
Pekln, Lincoln & Decatur, let m
Boston &N.Y. Air Line istm.
Cln., Lafayette & Chic, 1st m.

100
19
19

Chesapeake & Ohio 6b, Ist m,
do
do
ex couii
Chicago & Alton sinking fund.
do
do Ist mort
do Inceme
do

"

A

do
do
do
do

lOJX

...
...

* Erie, Ist mort

.

Bur., C. Rapids

"
Chat. K...

do
do

2d
3d

Boston, Hartf

K.'Mont.'&KuJUB
88,

do
do

tlie

BKOURTTIKB.
Tol.

State Bonds.

Prictt represent

,

—

5
4
7
5
I
3
6
5
4

.

II

THE CHRONICLE

February 12, 1676.]

NEW YORK LOCAL
Bank

SECURITIES.
Insurance Stock

Stock LUt.

(QnoUtlona by K.

DiTIDIMDS.

Capital.

KPAMiis.

i>sio«.

Capital.

J

Marked thui

(*>

are

Par

noCNatlonal.

America*
Ami^rlcan Bxctaange.
llnwory
Itrnadway
...

Amount

Periods.

s.ooo.UOd
9.000,000

80U.000
2,000,000
490,000
800,000
600,000

Chatbam
Chcmtcal
Oltlzons'
City

I

Uommerce

,

Arciiue*

5.000,000
1
1

Oreoawlch*
Grand Central*
OrocerB'
1

A Traders*.

AUB.2,

4

'!5.,.5
'74.. .4
Jan. 10,';6.2),
.Ian. a, '76...
Jan.3, ';6...S

Vii

J. 4.1.
J. 4. J.
J. 4 J.
J.
J.

«-J.

.July 1,19. 2X

200,000
200.000
lOO.OOO
300,000
000,000
100,000

J.

4

J.
.1.4 J.

y.'4',f!

Meclianlcs

Mech. Ilkf< Asso'tlon..
Mechanics & Traders..
Mercantile.
llercliants

Merchants' Kx
Metropolis*
Metropolitan
.Murray mil"
^Ja^'SaU*

w York
V York County

M.4N.

Gold Exchange*

500,000
1,500,000
1,000,000
400,000
900,000

ith

America*
Ulvei*

'.:utal'

mc

J.
J.

Produce'
Kepuliltc
St. Nicholas
Sovenlh Ward

Second
Shoe and Leather
Sixth
State of New

York

Tenth

1,00(1,000

Third
Tra.lesmen's

1,000,000
1,000,000
1,500,000

l^nlon

West Side'

8
4

7K
10
8
8
10
114

4

Q-F.
J.
J.

4

4

J.
J.

4J.
F.4A.
F.4A.
J

8
7
12
12
12
10
7

.Jefferson

Kings Co. (B'klyn)
Knickerbocker

!.'75...3

Ntv.

I,'75..4

Ian.

3, '76 ..4

Larayctte (B'klyn)

104

Lamar..

IISX

Oct.

i,':5. .4

Nov.

111. '75. .4

I.orlTlarrt

Manut'4 Builders*.
Manhattan
Mech.ATrad'rs'....
181

.Ian. 8, '78...
.Jnlyl,'7.'<...Jan. 3, '76.3>,
May, '73. ..5
.Ian. 8, 76.. 8
.Isn . 3, '76 3)4

80
99

Nov.l,"T5...3
Ian. 3,'76...5

126

1'38

3,'76...5

Feb.

S, '75..

Aug. 9,

75.

Pacific
85
100

87

11

1, '75. ..8
3. '76.. .7

Peter Cooper. ....
People's
Phonix (B'klyn) ..

J.

,Ian. 3,'7«...6

Produce Exchange

4

Jan.

J.

J.4J.
M.4N.

Nov. 10, '75..

?X

M.4N.
J.

.4

1. '75...

.Inly

J. 4 J.
.1.4,1.
J. 4 J.

B

4

Republic

105)c

liesolute

I

Kutgers'
Safeguard
Bt. Nicholas
Standard

1, '75. .5

.lao. 1,7«..4|

I

2,000,000
1J!00,000
320.000
1,850,000
386,000
4,000,000
2,t00,000
1.000,000
500,000
5,000,000
1,000.000

certlOcatCB..

4 Uoboken

Metropolitan
do
certiflcates.,.
do
b nJs
.,,
,

Y

Vassan. Brooklyn

do
„
Mew York

scrip
..„.

do
do
bonds.
Westchester County

.

Certificates

Bonds
Williamsburg
do
scrip..
Bieicker .?!.* f'uUonf'erri/—Hocii
1st mortgage
Bfnadient/ it Seventh /lr«— stock.

mortgage
Brootlifn Oily— stock
l8t mortgage
1st

100
lOOO
100
1000

Ut mortgage bonds

1000
100
:oo

40(],000

lOOO

800,000

Istmortgac, cons'd

mltthlh 4»«n(/(j— stock

mortgage

,t nrnii4 St /erry—stock,
mort gage
Central CroHs 'Jown- stock
1st mortgage
Mttilli Avenue— tiocK

rjdsi.
1st

•

1st iiiorti-'age
i't illitrtKJigi!

moricatre
O.ir.a. Convertlhle
:t<l

ItitHi Ar>e)l,lc- stock
Ist mortcage
Inlril /IcrjKie—stock.'

"••'niy-iMrd iiireet—*\jocic

Ut

'liortgiige

'This

comnk buows

J.

900.000
1,000,000
203,000
748,000
236,000
560.000
200,000

'75
'75

Oct.,

75.

Jan.,

4

J.

Jan.,
Jan.,

J.

4
4
4

J.

J. 4 J.
J.&D.
Q-F.
M.4N.

4
J. 4

J.

J.
.

J.

4

J.

J.4D
J.
J.

4

J.

Jan.,

100

1880

Jan., 76

92X

1884

F.4A.
A.40.
M.4N.

lOtt

750,000
415,000
2,000,000
2 000,000
600,000
250,000

.M.4N.

N(,-v..'75

HOC
last ttlvlitpgd

J

1890

Nov.,

•',!>

11190

Jan.,76

M.4N.

ue ttoctt, aUo 4ate of

lb7S.
1860.
1865-88.
1863.
1869
....1869.

Wafer loan
do
long

If
10
12
10

»,94a
19,931
82I,9<»
896,761
116,672
823,224

10
10
13
50

«

xo

Oct., 7'. 16
.7
Jan.,
Jan., To, .9
J*D.,'7i.H)

3

Jan., '79.1
Jan., 'It..
Jan., 76. .6
F, b.,76..9
Jan., 71. .9
Jan.,'76.lf

190
196

w

Jan. ,79. ,10
Oct., '79.10

"Him

io" Jan. .7«..9

itt"

129,796

20
10

Jan.,,•76. 10
Jan. ,76. 9
Jan. ,76.. 9

175

Jan. ,7«..5
Jan. ,'7*. .9

11«

Jan.,,79...
Jan. ,76..

l'2U

t32a,(l>I

10
10
10

90,658
t885,281
29,741
143,162
77,712

'.2

Kt

14,861

136.241
174,6;2
80,264
121,317
ai,443
79.363
169,417
67,23!(

115,712
187,759
815,753

ra,479
50,008
151,863
36,75(1

13
10

Jan. ,'16..

20

Jan.

US
20
10
10
16
10
10
14
30
10
10
20
to

Jan.,,76.,

121,476

234314
V.fiK

426,921
l'2ii,6i<0

890,139
165,216
211,544
132,708

-iept.„"75..5
.'76.1(1

170
110

.Ian.,,76,1(1

Jan.,,79.

.9

no

Jan. ,'76..B
Jan., 76.10
Jan. '!6..5
Jan. ,76..
,

IfO

,

Jan.,

,

'76,.

.Ian. , '76.20
•Ian. ,'76.10

Jan. ,76. .5
300
79

Jan., 76.10
Jan. ,76. .5
.I>n. ,79.10
I

iO

.Ian.,,76.1^

Jan. ,76..
Ian. ,'79.10
Aug. .75.10
Jan.,,76,
Jan.,.•.79. .9
Oct.,,"75. .9
Jan. ,79.10
Jan., 79.10

210
179

10
to
12

Jan.

aid"

196,001
•20,529

M

12

*

8I«,I89

lO
'20

iii"
jio'

,

20
20
19

936,2'22

12,i00
43,051
101,002
58,877
30,441
191,749

10
10

,'79.10

Jan ,76.10
.

140
100
iro
100

Jan.,,76.

IP
,lan..,'76. .5
Jan.,,'79. 5

Jan.,,79..
Jan.. 76. .6
Jan.,,79.
Feb., '76.111
20
12X Jan.,,76.7H
11

,

10

10

,

90.5!)7

t6l,408
121,506

Iff

Feb. ,'76..

ir«

.Ian. ,'76.9.6
Jan. ,76.7)4

10

Aug. ,'75.^
Jan. 79.10

UK

78,9(10

i\fm

20
30

165,369
153,966
246,825

16
10
20

tl62,'j60

iao"

iw"

,

Jan. '79.15
Jan. .76..
,

Feb...'76..

Pnicn

Hontba Payable.

5
6

5
9
6

7
6
5
6
7

Feb.,

May Aag.ft Not.

1877-80

9*

do
do
do
do

do
do
do
do
November.

IS-.7-79

lUt

18*0
1883-90

99

do
do

do
do
November.

May &
Feb., May Aug.&NoT.
May &

«
6
7

1
«
7

I

Feb.sMay, AnK.& Nov,

UayA

November,

do
do
do
do
do
do

do
do
do
do

1884-1911
1884-1900
1907-11
1877-98
1877-98
190t
190S
1878
1894-97
1876
1SS9

I87V90
1901
1888

do
do

70
100
lOU

..1852-87

187»-S1
18««
18>l

1

January

A July.

1869-71
do
1866-69.
Sewerage bond*
Assessment bonds... 1870-71.
Improvement bonds
186S-99,
Bergen bonds

January AJniy.
do
do
Jan., May, July A Not.

N

Bbmbs, Jr., Broker, 2K

flrooArlyn- rQnotatlons

by

Local Ininrovement—
City bonds

do
Park bonds

January and July.

January
do
do
do

100

Water losn bonds

140
110
85
lUU

Bridrebonda

do

Water loan
City konoi

00
do

KlnnCo.bondi
do
'All Brooklyn bonds Bat.
ilo

(ug'.nrliy of bondt.

var.
var.
var.

do
Consolidated
Westchester County........
JerKif Vity.

1873

1871
1876
1885
1888

J.
J.

14
10
19

171

xs

New

Nov.. 75

J an., 76

J.

1841-63.

do

18n
Nov., '75

4 J.

4
4
4

180

80

92,619
•4,183
10S,eS4
8I«306

York:

Street Imp. stock'

J.

Q-F.

Jan.,7«,U

Fcb.,'7«.l«

Bondadoe.

Market stock
Boldlers'ald fund
Improvement stock
do
do
Consolidated bonds

1888

Q.-F.

J.

'oi"

20

f8C

2t;t'.t

Rate.

Floating debt stock

18T2
,Ian.,76

.r.4D.

J.

27,478
I23,<;9

Jan., 76. '.0
Jan., 79. .5
Jan.,'7«..6

€[tr Securities.

do

NOV..75

150,000
200,000
150,000

10(1

4:4,009
lt»,I68

1854-57.
do
Croton waterstock. .1845-51.
..185-2-80.
do
do
Croton Aqued'ct stock. 1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds. .18.5.3-57.
do
..1653-65.
do
1870.
Dock bonds

'76

1,199,500

IOOO
100

800,000
200,000
200,000
200,000
200,000
204,000
150,000
150,000
200,000
1,000,000
500,000
200,000
200,000
200,000
200,000
150,000
600,000
200,000

o,m

256,690
Jan. .76.10
(»ver all liabilities. Including re-'nsurance, capital and protlt scrip
t Stock dividends of '25 per cent by the Hanover and Westchester, 30 per cent
by the Home, and 33)^ per cent by the St, Nicholas, have since been declared out
ot above net surplus.

New

76

4 J.

M.4N.
A.40.

8U,«01

IM,907

;an.,7(..9
Feb.,79.10
Jan., 76. to
Jan. ,76.. 10

30
20
20
20
10
10

IKTSHS6T.

188'J

Q-F.

1W),000

112
100

Oct., 75

y.i

209.8V4

80"

Dec.Tl.lS

'76.

7

4 J.

212..T73

210,000
390,000
800,000
200,000
200,000

250,000
250,000

Water stock

S

7.721

2<0,n!l
240,411

'76

J.
J.
J.

80
9
30

m

Jan. ,'76. .9
Jan.,7<..4
Jan., 76. .9
Jan., 76. .9

[Quotations by Daniki, A. Mobav, Broker, 40 Wall 8tr«et.]

F.4A.
J.
J.
J.

106,U<

Wl

'305"

Jan., 76

M.4N.
M.4N.

lOti

617,l«X)

138

Mijsn

21)0,000

WHllamsburg City.

Aug., 7.5.
Jan., '76.
Jan.. '76.
Sept 20,'75

M.4S.
M. 4 S.
J. 4 J.

797,320

•SnfKO

Oct.,
Oct.,

1000
10(0
lOPO
1000
IOOO
..!..,

Ut mortgage

t

100
IOOO
100
IOOO
100
1000
100
1000

F.4A.
J.& J.

900,00(1,

694,000
2,100,000
1,500,000
2,000,000
300,000
200,000

UrUriil Pic, \. ft B. ijluer— stock 100 1,8CO,000
'St mortgiipc
1000 1,'*0.000
ChrMopher vtlentk .SJreet— stock
650.000
V*H£!/t.ilandit Ilrook'n—ltt mort iooo
307,000
Dru nock, K, n. it Bn««ry— stock 100 1,200,000

Utmortgage
ApttiUi^stod

J.

1000,000

:o

Sfoinlinai/ (Bfooklt/n}— Block
8>'ook(!/n ,fe I7'(;ifer'«/t—stock..

Secon/l

4

4,000,000
1,000,000
625,000
466,000
53,000
21,100
1,000,000

,,

People's (Brooklyn)

ist

0.

TiiO,0C0

A.4

200,HI0
800,000

200,000
200,000
200,000
200,000
iWO.OOO
200,000
150,000

Tradesmen's
United States
Westchester

Last
dividend

a
10
lU

200,00(1

Star
Sterling
Stuyvesant....

Exchange Place.

47

....

Umgewood

.Ian. 3.76-. i
Jan. 3,76.. .5
tit

In
Nov.

4 J.

Keller

.Ian.2'74.2Mg

Par Amount. Periods

Gas Co (Bklyn....

Mnlual,*.

Hark

.July

Brooklyn Gas Light Co
do
Harlem
Jersey City
Manhattan

National
N. Y. Equitable....
New York Fire ...
N. Y. 4 lonkere.,

4 J.
,1.4 J.

[Quotations by Charles Otis, Broker,

Citizens'

(B'klyn).
Natisan (B'klyn)..

Niagara
North Klver

94y.

Ga« and City R.R. Stocks anil Bonds.
Gas Companies,

Merchants'
Metropolitan

Montauk

"kx
iio'

..an 3.'76.3K
.Iulyl3,'74.3X

8H

Mechanlcs'(Bklyn)
Irtcrcantlle

100

.Jan, 3. '76.. .6

an.

;

Lenox
Long l6land(Bkly.)

.Ian. 3,"76...4
Ian 3, '76.3>«
.Jan. 3, '78.. .5

BJM

160,000
500.000
200,000
200,000
200,010
•150,000
280,000
150,000
200,000
150,000
200,000
300,000
200.000
250,000
200,000
150,000
200,000
200,000
300,000
200,000
200,000
200,000
210,000
200,000
200,000
500.000
350,000
200,000
200,000
150,000
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000

lmporter8'4 Trad..
Irving

Jan'W.IJM
J»n..*H.3

15,484

3,(tl0,il00

Hope
Howard

.rulyI,'74.3K

.J.

200,000

Home

Nov.l,'75..6

4 J.

J.
.1.4 J.
J. 4 .1.
,1.4 J.
J. 4 J.
J. 4.1.

2,000,000
412,500
1,800.000
250,000
2,000,000
1,000,000
300,000
800,000
1,000,000
200.000
2,000,000

PhonU

Nov.

7X
10
9

.1.4 J.

tii.tm

irk

rcopies'

.Ian. 3, '76... 5

M.4N.

200,000
500,1100

'.0

II

J. 4,1.
J. 4 J.
,1.4 J.
.1.4,1.
A.& O.

3,l»IO,000

Nat. Exchange..

10

Ani{.10,"75..6
.Julyl,'75..3X
.Ian. 3, "76...
Ian. 3, '76...

M.4N.
M.4f..

Feb.l2,'74.3S
Jan.l0,'7.5...4

9
10

F.4A

1,'?S.,4

.lani'si'VeV.ie

SK

4 J.
J. 4 J.
J. 4 J.
J. 4.1.
J. 4 J.
J.

Kxcliange

Gebhard
German-American
Germania
Globe
Greenwich
Guaranty
Guardian
Hamilton
Hanover
HolTman

.Ian. 1, '76...
.Ian. 8, '76...

•jj--

F.4A.

500,|iOU

4.W,000
2.050,000
800,000
400,000
l,0OO.0OC
2,000,000
500,000
600,000
l,000fl0O
3.000,000
1,000,000
500,000
4,000,000
2U0,000
1,000,000

Manhattan*
Uanul. dc Mercfeants*.
Marine
Market

Mch.

Emporium
Farragut
Firemen's
Firemen's Fund
Firemen's Trust...

.laii/s, 'feV.'.i
.Ian. 8, '76...

8
14
10

,1.4 J.
4 J.

1,'75.,-5

.May, 1,'75...8
Doc. 1,^5.. 80

S

J.

Continental
Kagle
Umpire City

9, '75.. '
'74.
1, '74...,

May

Fire...

Jan.. 76. .9

2U^000

1.5SWI
800 JWO

Commerce

lm( psm. HM. Aak4

10
19
10

200

Commercial

ita

14

200,000

Columbia

Feb. I,

'io"

M.4S.

600,000

Not.
Oct.

4 M'lst'rt

i)«

jj,'.;7

54,38*

Broadway
City
Clinton

9I«

u» ua U7I

1,

M4,Ma
n,7M

Brooklyn
Citizens'

77H

I,

juiy'l."75.'.".'s
.Jan 8, '76.. 4

14
8

M.4N. a 2-8
A.4 0.
F.4A.
M.4N.
7
10
M.4N.
20
M.4N.
M.4N.

10i),0(0

Leal tier %(anul'actr8...
Loaners'*
Maimfctrers'A Build.'

.July

Amity
Arctic
Atlantic

Brewers'
115

PLUB,

200.000
200,000
400.000
200,000
200.000

.iStna

) Wkll Mr«et.)
UlTIOBHDl.

NiThua

Par Amoant. Jam.

Adriatic

I>lst«

Dai lit, broker,

B.

IKS.*

Bowery

J.

"ii^V
J. 4 J.

500,000
000,000

'76...

300

4 J.
F.4A.

coarAiiiBt.

American
American Ezch'e

.Ian. 2 '76.. 2S
.Ian. 3, '76...
Keh. 1,'76...
„'an. 10, 76 S\
.Ian. S. '76....S

J.

,1.4 J.

'500,000

Island City

Fan. S,

Q-F

I 500,1100

Irvlnif

..

iOUH

J.&

'aio,ooii

Be.'nianla*

ih

.Jan, 3, '76...'.

ev.ainos

W0,«00

Gallatin

rtti

135

.Odo.ixxi

MO.0O0

fourth

y.

Sept. I, '75..!
Jan. 3, "76...

&J

J. 4 J.
,1.4,1.

1,000,000
!»0,000
200,000
150,000
100.100

Uerinan American*..
German Exchange*..

^".

M. «B.
.1 .

10(I,0U0

Pnlton

'

lliX

1,000 000

Fifth

Importers'

IISH

.Ian. 3, '76.. 18

1,500,00(1

Carrency
Dry Goods'
BaatUlvur
Kloventh Ward*

Hanover
Harlem*

Nov.l,'7B,.,
Ian. 8, '70..

.1.4 J.

10,(XM).00<)

Continental
Corn KxohaniEO*

Klltti
Firiit

J.& J.
M.*N.
J.« J.

IM

;aio,ooo

liiucliar«4kDroTcr>.
Central

Askd

Bid,
IS'J

25U00U
00

Kead*

jliiH'a

LaitPald.

1873

1874

.Ian. 3,76...

1, OCXs-,

.

S

6
65
9
7
8
5
8

,

Hay

ft

4o

& July,

du
do
do
do
do
do
November.
do

1877
1899
1899-1902
1879-79
1878-91
ISOS
1876-1900
IT

all St.]

1876-80
188I-«S
1915-24
1900
1919
19CB-I9<«
1881-95
1880.4a

inc-w

KUd
IS*-

mn
n

100
112
102 ^
101
112
'101

m\
1(9
irj
102 ((

IMS

»7
102
97
lOS
105
114
106

»7
lOS
114
105
102
118
102
10R
114
113
1C5

1'3
109

198
118
101

93
96

97

lot
I0(

IW
iU4

102

M
lis

lOK
116
108 X

•

IM
lOS

101
1(8

IIIH
111

:ix
:r4
vt\
lOS

Ult

IIS

lOIH
I0<

:

.

—

THE CHRONICLE

156

balance to credit of revenue Nov. 1, 1874
Less deducted for sundry accounts deemed valueless at that date

STATE, CITY AND CORPORATION FINANCES.
" Investors' Supplement"

[February

Add

3nt)£6tmcnt0
The

:

.

1875, four
1875, four

8,
1,

Deduct for amount placed

The gross

REPORTS.

Lehigh Talley Railroad.
(For the year ending Nov. 30, 1875.)
The report says: The almost universal suspension of labor in
the coal regions tributary to our road, which began about Jan. 1,
and continued for mor» than six months, had the effect of
reducing to a considerable extent the business for the past year.
Of our total anthracite coal tonnage, 1,939,296 tons were carried
during the last four months, showing a capacity for a yearly tonnage of nearly six million tons with our present equipment. Our
toral anthracite coal tonnape for the past fiscal year was 3,277,527 tons; that for 1874 was 4,150, ^.60 tons being a decrease of
873,088 tons.
While the gross income (from all sources, including investments) has fallen off $18,899 42 from that for 1874, the operating
expenses have been reduced $208,556 44.
After charging all our expenses, interest on bonds, and dividends, the business of the year sliows a loss of $93,053 56, which
has been taken from our reserve fund.
At the close of our fiscal year (Nov. 30, 1875) our capital
account was as follows:

—

Prcfprred and common stocks (inclnding scrip
Sa: 098 897
Ms per ceut bonds (coupon and regist'd), due Ininstalmentp)
189S.
J6,000,000
Seven per cent registered bonds, da« in 1910
ti,OCO,0O0
Consolidated niongago bonds:
.

Sterline

.

$4,900,000
2,0(0,000

^o"!""'-Registered

»,9l:),(100

Ainni'y

316,000—11,129,000—88,189,000
$49,881,297

••
ui
J >..
,
,
Floating
debt, less cash on hand
... none.
It will be observed that a considerable increase lias been
made since last report in both our stock and bond accounts. Tbis
,

.^

was done by the

00—

631,863 «.

n

11.636,038

percent
percent
to

t460 970 OO
'..'.".

46U50 OO—

928,

.6oS

8713.:

renewal fund

175, OOffW

Leaving balance to credit of revenue Oct.

subscribers.

ANNUAL

9 400

From which deduct
Dividend Jan.
Dividend July

1876.

540 ' 663 30

Total

published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, aa only a sufficient nnmber is printed to supply regalar
is

12,

81, 1875

$.^38,608

K

I

compared with those of 1874, show an
increase of $104,475 83, or about
3i per cent, and the operating
expenses, taxes included, show an increase over those of 1874 by
receipts,

$28,861 50, or about 1-6 per cent. The passenger receipts were
than those of 1874 by $24,037 88. and tlie increased "receipts
from other sources were $128,513 71. The report says
Tlie
freight derived fpm the peninsula of Delaware and Maryland,
in
the form of fruit and other perishable commodities, was very
much larger than that of any preceding year. The quantity of
peaches alone moved by this company amounted to 9,077 car
loads, or 4,538,611 baskets, or about 72,000 tons, while of
other
perishable freight we moved 12,282 tons, of which 7,314 Ions were
berries alone.
The strawberry crop, which prior to 1871 never
exceeded five car loads per day, in 1875, at limes, amounted to
over 720 tons per day, requiring more than ninety cars to move it.
The earnings of the road from business other than local were
much reduced by the sharp competition carried on between the
trunk lines during much of the year, and the importance of fostering the local traffic of our own road and its immediate feeders,
to which your board has fcir many years been keenly alive, was
never before more plainly manifested.
The work of rebuilding the Sasquehamia Bridge in Iron has
been prosecuted as rapidly as was deemeJ necessary by our consulting and resident engineers.
^m\
In accordance with the practice of previous years, the costH
the above work, and some other outlay for construction or ^p'
traordiuary repairs, was charged to the renewal fund, set aside
for the purpose from the earnings of 1874, viz., *158,361 71.
At the beginning of the ye.ir there stood to the credit of this fund
less

:

the Slim of.

.

Balance October

$161,077 93

.

Expended and charged

to this

fund in

1875, as

above

158,361 71

31, 1875

$2,716 88

In view of similar work to be done in 1876 of a character not
properly chargeable to the current operating expenses of the
road, there has been re»erved frjm the net earnings of 1875 the
sum of $175,000, which has been added to the reiievral fund,
which now amounts to $177,716 22.
It seemed to your board expedient to purchase the New Castle
& Wilmington Railroad, which connects your road at Delaware
Junction with the New Castle & Frenclitown Railroa-i at New
Castle, distant a little more than six miles therefrom.
This r lad
since its construction had been worked by this company under a
lease, at an annual rental of 7 per cent upon $150,000, for which
price the lease secun d us the refusal of the purchase.
The purchase was consummated in May last, and, with the exception of a
few shares, this company now owns all of the stock of the New
Castle & Wilmington Railroad Company, the New Castle &
Frenclitown Railroad Company and the Southwark Railroad

negotiation, on satisfactory terms,of bondBissue-l
under our consolidated mortgage, and by the issue of additional
stock pro rata among our stockholders at par, made in April last.
The funds so provided have been applied to the completion of
the Easton & Amboy Railroad, the purchase of securities of companies owned or controlled by us, including Morris Canal bonds
due April 1 next, for additional equipment, &c., &c.
The first and second mortgage bonds of the Morris Canal and
Banking Company, amounting to $785,000, become due on April
next.
Ah lessees of the works of that company they will be
\
paid by us at maturity upon their presentation. In order to replace the.se securities in accordanje with the terms contemplated
by the lease, the Canal Company will create a new mortgige for
one million d >llRrs 'o cov^r tlicsp h mds and also their boa', loan.
Iho Easton & Amboy Railroad was opened for business about
Ihf" first ol Jul.v last as the New Jersey Division
of our road. To Company.
ili« end of oiir fiscal year we had expended upon
To provide for the purchase alluded to, as well as for the comits construction,
&e., $8,499,807 34.
The transportation receipts from that branch pletion of the second track and bridges, and for the payment of
to the same period, being for about five months,
amounted to $400,1.00 bonds of thi" company, falling dae April 1st. 1876, your

arly $550,000.
the 11 h of October last the Perkiomen Branch of the Retd
ing Railroad, connecting with our road near Allentown, was
iijiened. making a ni-w on let for Philadelphia business.
ui

On

The Pennsylvania and New York Canal & Railroad Company,
notwithstanding the prostration in the coal business with which
it also had to contend, has been quite successlul,
and tlje result
of its business for the Tear very satisfactory.
The total road receipts and expenses for the year were as follows:
From—

Gross Receipts

Expenses.

$4,425,009 86
1,10 ,:356 41

g"".'--

Vmiitit
Passengers, express and mail.
,„,''*"*'
1871

Decrease
Decreaee per cent

.120,189 11

$.016,49514

$3,262,8'il «7

6,759,39162

3,471,418 41

$718,895 58

$503,556 44
b-39

Philadelphia Wilmington

&

From

From
From

•.;;

of directors, in making their first report for the entire
to New Orleans, under one organization, submit
the following exhibits for the year ending June 30, 18^5.

The following statements show the coinparativa

1875.

$1,747,053 16
1 01! '08 67

$1,721,408 77
1,180,943 02
9,8-11 80
65,459 37
42,939 61

mails
miscellaneous

Total
earnings of

Add

New

46,947 85
60.378 33

Castle

&

$8 87^)148 44

.

Frenchto.wn RR.

'.

Total of both roads

Expenses
Karnings less pxpensea
gain from Delaware Railroad

Add
T^ J

.
.
.
,
Jicdnct, for
interest, ground rente,
of interest received

Neteaminga

io>;0 43

Tear

Passengers

2,Ifi2,:K7 01

U-S-Ma>'»

90,612 34

Express

00
5-3,05163
45,6i)0

Privileges
;

Gross receipts
Gross expenses

$3,232,159 f9

Netproflts

$1,561,084 60

$4,94B,8I2 6S
1,777,005 99

$3,046,171 08
1,805,857 49

$1,169

69
28

$1,210,?03 59
5,951 71

Receipts over cost of operating

$l,r0,fi40 97

$1,846,265 30

Interest on bonded debt
Taxes, law expenses, &c

126.800 91

141,490 37

$1,043,831 06

$1,104,764 93

ezcesi

1,671,135

O'J

1874-75.
$7li7,0.0 45
2,:28.5S6 66
10',«fl9 92
bfA66 67
17,! 23 93
6.8S3 12

$3,1S4,3'20 65
1,S8(',!n7

49

$1,363,943 1«

Gross expenses, including renewals, taxes, &c. for vear 1873,
were 51-70 per cent of gross receipts. Fur 1874-75, 57' i6 oercenl.
At the same rate per mile for the year 1874-75, as that for 1873,
the earnings would have been $4,138,919 15.
The net results of the past year's business may be thus stated:

$2,9.53,546 57
98,621 51

2-36

Year

187:3.

$880,586-1

J^reight

Other sources

results of bus-

year 1873, and in 1874-75:

70,094 84

'

l",404

etc., in

from Cairo

iness, in the calendar

1874.

'

I

The board

line,

Baltimore Railroad

passengers....
freight and express

Fromrents

St. Louis & Chicagro Railroa
Company,
NEW ORLEANS JACKSON & QRE.^T NOBTHEKN RA:

Orleans

MISSISSIPPI CENTR.^L RAILROAD).
{For the year ending June 30, 1875).

{For the year ending Oct. 31, 1875.)
The earnings of this road for the last two fiscal vears ending
October 31 were as follows

Trom

New

(LATE THE

HOAD AND

$8,038,173 55
8J6,60« 46
3a8,076 98

ir7y

board, in November, 1874, authorized the issue of $200,000 six
per cent bonds, payable in 1892, and in 1875 tlit-y authorized the
issue of $800,000 six per cent bonds, payable in 1900.
This last
issue was offered until October 1st, 1875, at par, in exchange for
the bonds falling due April Ist, 1876, and were so exchang.'d to
the amount of $239,000. The residue have been sold, for presen
len^
or future delivery, at an average price of a little above par.

,

«j 363.943

From which deduct
«] 2.3.5457 41
'879'616 61

II

^

'

1,515,134 02

Deficit—Balance to Dr. of profit and loss

$151. 190 8A

a

—

:

February 12, 1876.]

THE CHTlONi

The

|,R

157

report says
lagt year.
are now earning, not only enough to pay
" Besides the general stagnation of basiness
operating
throughout the expenses and Interest, but are
accumulating a Jurplu., and thi.
country, this company had, on the very threshold of their
fiscal
the result of a steadily increasing legititnato
bualneM
year, a badly damaged roadway of about 27 miles, broken
haV'
by every reason to congratulate ourselvos upon
our urewDt financial
crevasse in tho banlcs of the Mississippi River.
condition, and the prospect before us, and I
" Your property having suffered badly by two
have
no
heaiutlon
In
crevasses in three saving that, unleea gome
unforeseen mlgfortnne happens- we will
years, your board decided to overcomo the liability of
the com- aeon be able to pay dividends
again. Our road-bid. machinery
pany to such contingencies in the future. As t?ie leveft
of the rolling stock and everything connected wiih the
road is
JUisaiinppi liiver in Louisiana are now manapred, crevasicH
flrat'
are class oonilition, and not excelled by any line
in the country
likely to occur etery year.
The only practicable plan was to raise
I lie following is a statement
of the grogs earnlDga. runninr
the road-bed throu«h the lountry aflfected by crevasse
some expenses and net earnings of the LouigvilleA
twenty odd miles, from one to ten feet, with openings
Nashville Railroad
sufficient to Company, Including Nwhviile
&
Decatur and South and North
diBcliarge all the water that could reasonably be
expected would Alabama railroads, for the six
months
Irom
July 1 to December 81
be thrown upon the track by the breaking of the river
banks or i»J>. and a comparison with the correaponding
six months of 1874
levees.
Contracts were at once made with responsible
parties to
do all the work required, and tho track has been raised and
KarDlngs.
xpeaae*.
some •July to Dae ,1875..
9*,m«.Gm
$i.Ma>7S
15,000 lineal feet of bridgiog constructed. The work has
been July to Dec. 1874..
Mti,sai
well done, and has proved a great succegg, fully meeting
* our best
•ipectationg.
f«»7,MK
_+ii5i,'iio
"The extraordinary losses of the past year by crevasse and
Farccntage
nin*g ez|i.
floods must be provided lor by new loans.
The depression of •July
loeam'n
to Dec, 1875
trade and the loss ol business, following as a consequence
•! mjSri
sew
make
*
July to Dec, 1874
:::.:.::..;:;.:.:;::
your earnings inadequate to pay tho floating debt thus
«-70
created
Besides this demand, you will need money to buy more
new rails
${144,604
•December, 1875, estimated. tDecreaae. tiacrease.
and equipment for tho coming year.
have been assured of
sufficient help by prominent representatives of
'I he interest ou the
bonded
and
floating debt o( the game road
the Illinois Cen
tral Kailrnad Company, conditioned that we arrange
including guaranteed interest, and the October
(or tho reti*.
(1875) dividend on
ment of income acd equipment bonds of Mississippi Central the Nashville & Decatur Railroad stock for the same
six montha
Kailroad Company, a large portion of which are
amounted
to
showing
|910,000.
a
net
surplus over runninir exheld by the
Pennsylvania Railroad Company, substituting therefor series
penses and interest of $133,751.
B of
ike amount, being the second series of |25,000,000
The earnings, expenses and net eamlngg for October.
mortgage
NoT«m.
already authorized by your board to be issued. Series
A of tliig ber and December
mortgage covers nil tho other bonded indebtedness of the
Earnings.
Exaense*.
,(_.
Net
road
$1,458,000
and provides a suridus of $4,000,000 in class A bonds,
fSW.OiO
ttsi,«oo
{?i5
to be used '*'<
1,4MOCO
866,000
for the payment of the flnadng debt, and
9N,00«
improving your
property."

We

We

U

U

'•

miw

We

fNew bonds and

preferred stock

were

uthorized

See Chronicle, V. 22,

1876.

p. 111.]
BALANCl! SHBKT JDME

To construction and equipment
Tomaterialsonhaiid.....

1876.

30,

S

'.

Stocks and bonds, at par
Bills receivah'c, and other accounts
Mis-isfipiil
'ipiil Valley Company
J. Henry Schroder & Co., London

ivikh'tkoi

"..

Kin -iB i?
"'li';*^ 2i
i.'6\l 83
H.785 CO

Von Office Departmeut -Pott et Ante Bellvm.'.'.'
New Iron rails
Book accounu, New Orleans office

U5,!)5S i:
88,777 48

'.

.380,9r2 16

To expenditures—

Coupon

interest, including

Tennetsee Interest

m

txi 'sutni
,k3 28M,16S
4.

ToasBots-

preralnm on gold

57r,

*i 1(W

"

1,535,457 41

«1I6 540 57

.

lOft'si!
'

"

4i
IQ
79
1,841 16

'

i8

liiW

M 656

'

'

Total.
.

800,857 14

So7,028,3M 86

^!?"'"h"L°V'''T^"'
i-ess
held by tho company

'

;

come in and join with them by filing their bonds and
coupons in Court by the 15ih day of June, 1876. Only $1,200,000
in bonds and overdue coupons, or of either, will have
to be ac-

tually applied in payment of the bid.
The residue not nsed
in paying for the bid will be returned to the bondholders,
and
will stand as a debt against the State of Alabama as endorser.
411 the first mortgage bonds not paid into Court, numbered below
4720, will be entitled to their pro rata of the $1,000,000 received

from the State, as will also the residue of bonds and coupons not
consumed in paying ilie liid. The high-numbered bonds, that ig
to say, the bonds numbered above 4720, and known ag the

Cr.

By share capital—

Alabama & Chattanooga Railroad.—The varioug phases of
the litigation in regard to this railroad have been somewhat
" mixed."
The following statement of the course of Affairs up to
Jan. 25 is tolerably clear The road wag sold under a decree
of foreclosure and bid in by tlie truBtees,nnder orders of Court, for
$1,200,000, for the benefit of such of the first mortgage bondholdera
as
would come in and accept the bid by filing their bonds and overdue coupons in Court by the 11th day of January, 1876. This
was done by upwards of $3,500,000 bondholders, and a decree
has been rendered giving the road, subject to certain liens
and
Court costs, to them and to such other first mortgage bondholders

a^ would

n

7)'8'.8 s]

Interest, disconni, commissionsand exchanee.
Taxes, law expenses, .fee
General expenses. Mew York office
Discount on bonds
Contlngeat expenses.

OENBRAIi INVESTMENT NEWS.

January,

t3O,0CO,0O0
17 841 S'O

"

fraudulent issue," are allowed sg to the first mortgage, but,
to the doubtful phraseology of the agreement of settlement
between the State Cotnmiggioners and the bondholders, it is unDebt to State of Tennessee
lgS6
],379,C00
certain whether they will receive any part of the amount to be
First mortgag.s 1874
3SJ,ono
paid by tho State.
tirst mortgage, 18T9
;...
837 500
Mr. Robt. H. Smith, in Mobile, who represents the foreign bondFirst mortgage, 1834
337,600
holders and some of those in this country, writes to a banker ag
997,000
Second mortgage
Iggg
follows
1,997,000
.'..'.'...'.'...'.'.
ConsolidHtod gold mortgage
191S
3,7-^3,5
" I cannot now say what each bondholder will have to contribute
Income and equipment mortgage
...
]88l
5,000,000
Second mortgage scrip, 1st August
towards expenses, but an exact account of these expenses will be
1874
39% 115
N. 0.. .Tackmn tfe (?. A^ R. R Co.
sent each bondholder at the end of the suit, showing what his
First morlgH,5e
1836
3,911,000
quota of them will be. In the meantime it is usual for each bondSecond mortgage
jg'O
1,600,000
holder to send some small amount as a deposit to meet current
tonsolidated gold mortgage
1U12
8..55«,C0O
This has been done by almost all the bondS1,331,M5 00 incidental expenses.
By floating debtholders whom I represent, and if you conclude to send your bonds
Bills payable, demand loan'
pay roll', current accounts and
to
me
I
would
be ob'iged if you would send me about $50 for this
— ........^
_ coupons outstanding
I 923 087 "S
Bwik accounts. New York and connecting roads.. '......
purpose. The foreign bonoliolders have already sent $5,000 for
163
<wi,ioo
TOS os.
89
By revenue accountthis purpose, and other bondholders represented by me have sent
Net earniniis for the year
1
is^ 041 16
ik
l,3o.I,»4.)
amounts in proportion to the number ot bon<l8 they hold. These
By profit and lossGeneral account
amounts are inadequate to meet the demands for Court coats and
3, 180
other liens against the property, but what amount will be neces"^"^^
$37,028,aM 86 sary, and what each bondholder's proportion will
be, lam unable
at present to say.
The amounts advanced by any landholders to
LonlsTille & NashylUe.
meet these expenses will be a lien on the other bondholders'
(For the lix months ending Bee. 31, 1875).
The President has issued a financial statement for the last half interest in the property, to the amount of such bondholders' contributive share of the expenses."
of 1875, in which he says: While there haft been
a decrease in
The new trustees are iu full possession of the Alabama & Chatthe gross earnings of |57,506, there has been
a decrease in the tanooga Road and al< its appurtenances,
and Mr. C. P. Ball bM
expenses of $202,110, and an increase in the net earnings
of been appointed superintendent and general manager of
the road.
f 144,604.
No other changes have been mad-i thus far. Future appointments,
In cmsequence of the almost unprecedented
floods of July and
if any, will be made by Mr. Ball.
It is said that the new owners
August, which had so depressing an effiict on business generally,
of the road will expend quite an amount in making repairs and
and especially on rail.-oad traffic throughout the entire
country', in providing additional facilities for basiness.
we had to contend with the fact, and which has hardly ever
been
Alabama State Finances. The Governor of the State adknown before, that the navigable streams wer
during these
vises the ratificatloD'of the plan prooosed by the Commissionera
montlis, in a good stage of water, permitting
steamboats to comappointed to settle and adjust the State's indebtedness.
pete with aid compelling us to carry
The
freight at low rates, thus
Mobile Register summarizes the proposed arrangement as follows:
lurtlier seriously diminishing our
income.
The large increase in the net earnings is due, in part, to the (I.) Recognized direct debt
tll.in7,«W
(•i.) Recoitnized railroad direct debt
l,lU,On
great reduction that has bee.i made in the
expenses under the (.).) Contingent direct debt
l,5n.Cn
present management.
Up to October, there was a falling nflF in (4.) Indorsed rai road bonds
11,507.000
gross receipts, as compared with last vear;
3.094,000
but since that time (5.) Straight railroad bonds
bu Biness has steadily increased, and is largely in excess of
ToUldebt
$30,037,663
»12,15f,650 00

By funded debtMUsmippl Cenlriil Railroad Company.

owing

.

:

.

r-

— —

.'>3

—

,

—

:

:

THE CHUONICLE.

158

This debt, under the proposed adj astment, will stand thus
Amonnt to bo fiinilcd in 30-ycar bonds
$7,000,000
I,O0O,O;O
Bonds to A. AC. railroad
:

Bonds

be pubBtitutc-d for the 1 per cent Si,000 per mile Iwndf.
State 8 per cent curlificntcs
Non-intefo8t bearing State notes

596,000

to

1,000,000

40,OiO

Total

The

January
Interest
Interest

t!),638,000

payable on this debt for the
1877, will be:

in*,erest
1,

first

five

years after

on t8„S!).''.,i'0O at Sprrcent.
on $1,000,000 State notes..,

$l70,DiO
80,000

CorainiBsioners, so far as regards the Alabama & ChattaKivilroad, recommend that "we pay $1,000,000 in bonds
bearing 2 per cent interest for five years and 4 per cent for
twenty-five years, and time get rid of tho elephant. This arrangement retires $'J,000,000 of contingent debt.
Nothing is
done as to the other roads, as they are in a muddle of litigation
and can't tell who owns them."
The Commissioners say the revenues last year were $1,060,000,
and this year will probably be $1,040,000. Erpense of current
government was about $500,000. All the expenses for the current year and hereafter, under the present constitution, is set at
$798,280, leaving $311,730 to pay interest upon the various debts.

—From the N. Y.

live

k

Cincinnati Wiibasli
Michig'an.—Of this road, whose interest was passed on most of its bonds Jan. 1, 1876, the President,
''
at Wabasli, Ind , writes
By previous arrangement, a large
majority of the bondholders of this company consented to the use
of its revenues for the completion of the road to Ander.son.
Those who did not assent to this were promptly paid through
this office.

money

" R. GAnDNEii, President."

have just presented their
annual report, for the year ending Nov, 30, which is the regular
fiscal year of the company.
It is a report of great length, and
the following is a summary of receipts and payments:

Malls
Miscellaneous
Total earnings

BXPENDITURBS.

$i,78r,H:3 25

$:M9,aJ0 45
329,205 86
284.637 8S
305.721 24
41d,94S 42
212,148 tj3
67,128 B9

Paid

7 monllis

'

$712,102 71

$81,503 00
17,500

00-42,000 00

$2,187 00
729 00—

2,916 00

$4,250 00
1,750

00—

6,000

Om-

Net income above operating expenses and rents
Interest paid during the year, including interest

1"5,916 00

$566,186 71

accmed and

unpaid Dec. 1, 1874
956.230 47
Balance for tho year (deficit)
39J,043 76
Interest accrued to Dec. 1, 1875, and payable thereafter, $218,260 40
The increase in stock, debt and yearly interest charge, since
1870, is given as follows
Year.
Stock.
Debt.
Annual Interest.
:

1870
1871
1872
1878
1874
1S75....

4,01)8,1)00

09

4,2()-2,Ki)0 01)

4,-!62.600 to
4,'l9T,fOO 00
4,'.i97,li00

00

4,997,600 00

3.982,H£0
4,162,.W1
8,383,253
9,819,992
12.572,254
;4,859,»48

88
83
99
08
63
93

St. Joseph Railroad has occasion to use some
and will need more next year, for a variety of

&

this season,

I

:

$87,500 00
37,500 00—125,000 OD

Accrued 5 months
Portsmouth & Dover Railroad
Paid 7 months
Accrued 5 months
Wolfeborougli Railroad—
PaldOraonihs
Accrued 3 months
Nowburyport City RailroadPaid 8)i months
Accrued 3X months

World money column, which is among the
day in the fincncial line, we have ihe

JacIiSOnvillePensacoIa & Mobile.— A Tallahassee telegram to
the Florida Union announces that the Supreme Court of Florida
has decided the four million State bonds, issued by the State in
aid of the Jacksonville Pen3acola& Mobile Railroad, to be invalid.
The following are given as the leading points of the decision
"The State, under the act of the Legislature, occupied two relaThai as primary
tions, those of primary debtor and of trustee.
debtor, the State is not bound, but that as trustee site has tUe right
to seize and sell the road and apply the proceeds to the payment of
the State bondholders, they having advanced their money to the
railroad company, and the State holding the mortgage bonds of
the company for their benefit. The Court decided, further, that
the State could not become the purchaser at the sale, as that por
tion of the law which authorized this had been repealed by i
recent amendment to the constitution. The Court also held that
the franchise of a corporation could not be sold under execution.
The State, as trustee, can enforce its lien on the road and satisfy
the claim of the foreign bondholders, so far as the proceeds of the
sale go. The State is not liable further, nor can the people be
taxed for the bonds. The status of the case in the United States
Supreme Court is not changed. Holland bought nothing when
he bought the equity of redemption. Judgment ot the court below

Total operat'g eip'ees. $.',045,040 64

Net income above operating expenses
Rents paya' le to other companies
Portlaml Saco & Portsmouth Kailroad—

of the

purposes. The direction appeals to the stockholders for proxies
to be used at a special meeting, and we print the material jjart of
the proxy as the best indication of tlie purposes entertained
Proxy at any special meeting of stockholders of said company, to be called
for the purpose of authorizing the directors oi said company, from time to timo,
to borrow such sums of money, not exceeding tl,5i>i'.IHi(', as may be necessary
for the completion, equipment or repair of their railroad, and for the purchase
of steel rails, or for the funding of an.y floating debt, or for the making of any
addition or extension thereto, authorized by their ch«rter, or for the making
connection with any bridge by tunnel or otherwise, and to issue and dispose
of their bonds for any amount so borrowed, and t) mortgage their corporate
property and franchise, or any part thereof, to secnre the payment of any debt
contracted by the company for the purposes afore-aid, or any of tliem.
" In this scheme, we presume, the $2,800,000 of land notes which
the company holds will be made available as collateinl security."

directors

Locomotive power
Train expenses
Station expenses
General expenses
Insnrance and taxes

articles

following:
" The Hannibal

:

Fuel
Maintenance of way

—

& St. Josepll. Judge Dillon, in the United States
Circuii Court, on Saturday, granted a temporary injunction restraining the State Auditor from collecting State, couuty and
school taxes on the property of the Hannibal & St. Joseph Railroad Company, amounting to a large sum.

Cincinnati City Bonds.— In the Ohio State Senate, Feb. 9, a
issue $0,000,000 of bonds

RECEirTia.

40.

Hannibal

was passed to allow (liucinnati to
to complete the Southern Kailroad.

E.tpri!8Scs

—

^06,589

bill

$1,643.595 99
980,.')2j 06
60,%6 01
39,018 !i8
78,040 21

A. Tower.
Messrs. Baring Bros. & Co., in London, have issued a circular,
which is worthy to be framed and hung up in banking houses
generally, in which they give notice to those bondholders who
purchased the Eastern R. R bonds, negotiated by their house,
that they will protect such bonds and coupons, providing for
them as they respectively fall due.

;

Bl'ungivick & Albany.— The present owners of this road have
executed a mortgage for $1,000,000 upon the property, which has
recently been recorded in Ueorgia. The proceeds of the bonds to
be issued under this mortgage are to be used iu extending the
road from Albany, Ga., west by north to Eufaula, Ala.

Passengers
Freight

:

—

nooga

— The

The Committee of Investigation, provided for in the resolution,
was announced by the Chairmaa as follows Messrs. Seth J.
Thomas, George llipley, Qreeloy S. Curtis, P. G. Munroe and W.

Erie Railway. Hugh J. Jewett, as receiver, has filed his
Beginning the month with a cash
report for December last.
balance of $518,171 62, the receiver ends it with a cash balance of
$391,507 35; but during that month he paid off loans amounting
to $175,000, reducing to that extent the receiver's notes and certificates.
The freight receipts were $1,884,619 receipts on account
of passengers, $298,()43 55. All other receipts of the month
proper amounted to $67,504 64, making the receipts of the month
$3,350,766, against which were expenses proper of $3,167,703,
leaving $83,004 as apparently the net receipts of the month. His
payments have been, on matters arising under his own administration, $2,343,703 84, which includes the payment of the certificates mentioned above. On matters arising before the receivership, he paid $36,318 68, swelling his total payments to $3,378,921.
The receiver's certificates and notes have been reduced to

t'260,9 :o

The

Eagtcrn (Mass.).

[Februaiy 12, lb76.

I

affirmed."

20-3.785 67
255,fi48 18

Long Island Railroad.— In the suit of Buckley against Havemeyer and others, in which the plaintiff aouaht to restrain Henry
Havemeyer, John O. Havemeyer and others from resiirning their
position as directors iu the Long Island Railroad Company in
favor of persons controlling the other railroads of Long Inland,
Judge Barrett, in Supreme Court, Chambers, refuses to continue
the injunction. He says " It is explicitly denied that any agreement for such transfer has been made, and Mr. Henry Havemeyer states that no agreement has been made for the resigna-

354,-593 93
.143,219 77

612.047(8
966,2.10 47

At the annual meeting

of the stockholders there was some
animated discussion, and the following resolutions were passed:
Resolved. That the plan for extending and securing tho debts and liabilities
of the corporation at riHluced rates of interest, and providing for the management of Us affuir.-, adopted at a merting of the creditors held at Boston on the
15ih of Janusry, 1876. and now submitted to the stockholders in the report of
the Directors of this company, be referred to the Directors, with instructions

:

tion or election of directors.
The case, therefore, is not within
the principle laid down in Fremont against Stone. At present
there is no ground for equitable interference. It will be time
enough to proceed against the present or future directors when
they do some act prejudicial to the interests of the stockholders.
The motion to continue the injunction must be denied and the
temporary injunction dissolved with $10 costs."

to join in presentin,-

it to the Legislature for its action.
Rcoloed. That the Directors are hereby authorized to apply to the Legislature
for authority tolsf ue bonds, and make and execute a mortgage and conveyance
of the properly and franchise of this company, in trust, in order to secure its
debts and liabilities.
Jiesolveil, That the Directors of the Eastern Railroad Company are authorized, if, in their opinion, it shall become needful for the protection of the
properly of the eonmraiibn and of the rightsof the creditors, to mike applicatien for the benellt of tlie bankruptcy acts'of tho United States, and take such
other proceedings as the bankrupt laws may require in that behalf.
Resoltfd. That
be a committee to Investigate the affairs of the Eastern
Railroad Company for the last six year- past generally to inquire in respect
to all contracts and puri-hases made by the company, and whether any Director
had anv interest adverse to the coinpauy at the time of said purchase or
before and into the value of all lands and property of said company, with
authoriiy to send lor persons and papers, and make a report to this corpora-

Missouri Kansas & Texa.S.— It has been reported that a foreclosure must be had before the reorganization of this company
can be completed. Certain points as to the payment of part ot
the coupons due Ir.jm funds now in the Receiver'.-^ hands, and other
matters, were to be referred to the Court for adjustment. Tlie
foreclosure of the first mortgage is expected to come up at the
as
suoii
possible.
tion
as
March term of Court, in Missouri. Another report says that negoThe following were elected directors: Samuel C. Lawrence,' tiations with the company are to bo renewed with a view of makFrank Jones, J. S. Ludlain, G. S. Morrison, Onslow Stearns, James ing a compromise agreement wbich can be adopted.
W. Johnson, Benjamin E. Bates, John Cumm'ngs and George W. I Mobile Hi OlliO. W. B. Duncan, Esq., trustee and receiver
Qill,
of the Mobile and Ohio Railroad, in reply to an inquiry, whether
;

;

|

—

«

:

February

THK

12, 187f..)

1

(JHIIONICLE

169

" a funding scheme of gome kind might soon be laid before the
rASSENGERS AMD TORS Or VRUIUHT CAURIBD.
bondholders," wrote as follows
Tike total number of passengers carried was t3,Oi53IO, a de.
The past eimht months of our manafjement as trustees crease from the preceding year of 441,fllS. Ol these, 1,000,801
Firsl.
and receivers, have developed many and various defcc's and con- were passengers going to other Ktates, and l,C0lf,384 came into
Biderations which require delicate and timely adjustments; sqrious the State.
The number of those travelling on ^easoa tickets was
troubles would arise on all sides, should any degree of rough 5,574,130, a decrease of no less than 178,404 from the preceding
required
by
the
management
Time
is
to year.
baste be exercised.
There were 10,937,813 tons of frelgVt moved, of which
bring about the results now under process of solution, and our 8,000,567 tons— a decrease of 196,924— were brought into the
policy will be witli the sole view to the improvement of the State, and 1,416,308 tons a decrease of 4,500 tons
were carried
property and its business , that when a scheme of reorganization out of it. The total tonnage into Boston was 3,043,413 tona
over to the (decrease, 74,772), and 1,781,082 tons (increase, 94,521), were caris finally adopted we may be enabled to turn them
reorganized company in good and serviceable condition.
ried out of Boston.
The railing off in the total freight mileage
Second. The company itself looking to its reorganization has of tons of freight moved one mile was 6.5 per cent for 1874-5 aa
already suggested to the court the necessity of their deciding at compared with 1873-4, while the receipts from freight fell off 0.8
an early day upon the priorities and relative values ol the several per cent. The roads moved 1,097,000 fewer tons of freight, and
this will give the opportunity to any received $1,540,154 less.
liens againHt the company
contesting parties to urge their claims, should they make any, in
DIVIDENDS.
the most eflicieut and prompt manner, and it is hoped will avoid
Of the 63 corporations making returns, 20 paid dividends varyunnecessary questions being started by unscrupulous or design- ing from 1 to 10 per cent, and averaging on tlie entire etock of all
ing parties.
the dividend-paying roads 8'7 per cent.
Third.
In the meantime a scheme of reorganization must be
1874
1875
arrived at, based upon such safe and equitable grounds as will
No. Com- Amount
No. Com- Amuant
of .stork.
of 8tock.
panics,
panles.
assure its prompt acceptance by all the interests involved
when
Payinc 10 per cent dividends
glT.S&f.OCiO
7
8 iT.s&f.ociO
4
tHI,104,4<0
it will become the duty and pleasure of the trustees and receivers
800,100
»
e,iao;«)o
1
to surrender to the resurrected corparaiion, an improved properly,
11,100,000
i».s»,in4
4
capable of meeting faithfully all its future obligations.
7.805,700
»
4
«,8U.6M
:

—

—

—

—

—

—

.

.

,

,

—

5.14>i,'«0
3,4^O,('0O

Northern Pacific— Helena, Mon., Feb. 9.—The Legislative
Council of Montana has paHsed a resolution by a vote of 11 to 1
granting |3,500,000 to aid the construction of the Northern Pacific
Railroad west from Bismarck to Shields River, the westernmost
tributary of the Yellowstone.

—

Railroads of Massachusetts. The seventh annual report of
the Board of Railroad Commissioners has ju»t been presented to
the Massachusetts Legislature. The report is, as usual, a document of great ability and of general interest to all persons
studying the subject of railroads.
Among other matters of
importance discussed is that of the failure of the Eastern Riilroad, and the history of its decline will be read very carefully,
both here and abroad. The opening paragraph states that the
general and continued business depression incident to the financial

September, 1873, has made itself felt much more perceptibly on the Massachusetts railroad system during the last, or
second, year following the crisis, than it did during the first. The
following abstract is from the Boston Post :

1

i
1

80

The amount of railroad construction in Massachusetts during
the past year was 33'75 miles. The mileage of tracks within the
limits of the State

is

1,816,

and 440 of double track

main and branches,

—

miles of siding
the equivalent of 3,781 miles of single
•'501

track.

COST OP ROADS.
The average cost of the roads of the standard gauge is returned
at $57,307 64 per mile, exclusive of equipment, which has
amounted to an additional sum per mile of $7,774 47. The narrow
gauge roads are returned at $10,640 07 per mile, and $3,593 33
for equipment.
The average cost of an equipped road, irrespective of gauge, is returned at $64,057 06 per mile, but varies from
$98,600 19 (or the Boston and Albany, to $9,316 30 for the
Martha's Vineyard.
STOCK AND DEUT.
The 63 corporations included in the returns are represented by
$171,616,338 82 of securities, of which $118,361,285 90 are in the
shape of stock and $53,355,052 92 in different forms of indebtedness.
The amount of stock has been increased $1,194,487 83 during the year, and the indebtedness $4,797,714 37. Most of the
increased indebtedness has been incurred by tlie corporations
operating roads which terminate in Boston the Boston & Albany
having increased its debt over $400,000, the Boston & Lowell
$230,000, the Boston & Maine $274,000, the Eastern over $3,000,000. the Fitchburg $153,000, and the Old Colony $800,000. On
the other hand, the debt of the Boston, Hartford & Erie was last
year returned nominally at $2,500,000, and this year at $891,000.
;

BARKINGS.

COST OP OPERATION.
cost of operation has amounted to $9,339 38 on each mile
of road in use, varying from $17,135 13 on the Boston & Albany,
to $1,400 48 on the Springfield, Athol & Northeastern.
It has
consumed 70 per cent of the gross earnings, leaving a margin of
30 per cent as profit on the year's business.

NET INCOME.
income reported is $9,640,657 10, or 5.7 per cent
on the permanent investment that is, oo the value of the property as it stands on the books of the corporations.
This shows a
decrease of seven-tenths of one per cent from the previous year.
This sum was divided among the several corporations as follows
The

total net

—

:

companies with $7,708,272 permanent Investment
"
••
"
5.'*,755.5r,0
"
"
"
10
11,334.31.')
"
'•
"
i;
.39,395.395
"
"
•'
*
46,7)6,BW
"
"
"
15.693,049
13
l'

_1

W

$n6,63M(U

no net income,
had 8)f per cent or lefs.
had 3>i to 5^ per cent.
had b)( to T^
had 7J< to O-i

hail
•

had9Xt»lI>f

1

27

ar,i«7,«»

1

interest $3,153,863 waa paid, and the average rate was in the
neighborhood of 7 per cent, being $361,390 more than during the
previous year.

P.\RE8

The average

AND FREIGHTS.

freights, deduced from the returns of the
principal roads by dividing the total amounts received from each
source by the number of passengers and tons of freight carried
one mile, are represented in the fiUowing table, the returns for
the years 1874 and 1875 being placed in comparison
fares

and

:

^— Fai c»
Cents.
2 47

Boston & Albany
Boston &, Maine
Boston & Providence
Old Colony
Boston & Lowell
Fitchburg
El stern
Conncclicut River

2
2
2
2

8 30

209
220
..

New York Now Haven and

ilartford

Providence ,fc Worcester
Worcester & Nashua

;

82

8 59

373

S4

4- 13

11

4

18

-jI

2-07

2J1

2 85

2 75

400

s;«

3 63

2 52
3-46
2 95

3-2:1

8 "17

New Haven & Northampton
The most striking feature

1

aa

4-.W
2-85

2'32
2*63
2'97

—

1874.
1815.
CV'Uts. CentK.

5- 10
2- 10

188
234

,

^Freights

,

1875.
Cen'ji.

1874.

SM
3 60

1 5S
3 20

8M
4 04
4 04

413
2-78
8-97
4 10
3 46
2-91
4 14

in the year's business was, however,
the very low rate at which merchandise waa cirried for long distances, contracts being frequently male which did not bring to
the companies more than 3 mills per ton per mile, particularly on
Western-bound freights. On its through tonnage, accordingly,
the average charge of the Eastern road during the year was 1'93
cents per mile that of the Cheshire was 1'81 while that of the
Albany was as low as 1-17. Indeed, so low were the ratea, and so
uuremunerative was the business supposed to be, that several
corporations voluntarily withdrew from the competition.
;

;

STEEL RAILS.

As regards the

track, it appears that 1,040 miles out of 3,085,
or 34 per cent, this year, as compared with 39 per cent last, of the
entire main lines of the corporations are laid in steel an increase
of 156 miles over the amount reported last year.

—

—

St. Paul & Pacific. Earnings and expense's for
division for the year 1875 have been reported as follows

ToUl

earnings
Total expenses
earnings
Net
Gross earnings per mile
Net earnings per mile

".

the

first

:

1874-75.

1873-74.

$410,003 tO
401,9«.> 78
36,«07 42
2,129 01
112 00

JI92.670 03
415,6St 19
77,038 84

9192

2,.3S0

00

372 00
81.85

Toledo Peoria and Warsaw.— Mr. A. h. Hopkins, receiver,
filed his report of business in the months ol December and
January as follows
has

BaUnco Dec. 1
December reccipto
Jannary receipts
Disbursemr-nts in December

Disbursements in January

The

i,;«e,70()

As

Per cent, expenses

The total earnings for the past year amount to $33,589,485 68,
a falling off of $3,043,997 86, or 5.9 per cent from those of the
preceding year. The shief decrease was in freights, which fell
off $1,546,154 46, or 10 per cent.
There was also a falling off in
the receipts from passengers, which decreased $375,183 34, or 3.4
per cent, from the preceding year. Of the entire earnings, 44 per
cent was received from freight and 51 per cent from passengers.

1.07S,9G0

5,013.000
l,)lS.iOO
•7,000
!M3,305

«

S43,:)05
35..103,208

crisis of

RAILROAD CONSTRUCTION.

4

3
2

39,00
2,010.000
97.0

1

Balance on hand

$19,.i'>4 41

152,700 86
133.558 27—

305,613 64

18S.ft2iM»7
164, OSB 19—

303,315*6
$2,299 28

Pott says :" In reply to a
correspondent who asks for explanation of the rise in the stock
from 44, which was the price early in November last, we can only
say that there have been quietly-made purchases on the expectation that the company would resume dividends February 1. This
has not been done, but the time of resumption has been put
forward to May 1st; at least, the same people who expected
dividends February 1st are now confident that they will be begun
May lat. The depression in the stock was caused by the suspension of dividends about a year ago, the management, as we are
told, having concluded thatdividendsshouid not be paid until the
company had fully settled all its differenc'-b with the Erie Railway
Co., these differences having arisen under the old (lould-Fisk
management of the Erie. We are told that these are in process
of adjustment, and that the United States is to have a contract
with the Erie for its line, which will be advantageous to if. and
will enable it to earn as large dlvldeodsas it formerly paid."

United States Express.- The

.

:

THE

IHO

®

I)

(1

c

mm

c t c

i

a

CHItONICI.R

[Fek-uary 12, 1876.

COTTON.

® i.m e s

I

^

;

Friday, P. M., Feb.

COMMERCIAL EPITOME.
*

Bridat NiaHT. Feb.

h

11, 1876.

Thb Movement ok the

Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (February 11) the total receipts have reached 118,583

11. 1876.

There has been little if any Improvement in general trade this
week, although favored by the advancing season and by very
favorable weather, but there has been a smart revival of speculation in leading staples of domestic produce. Regular business
and manufactures also, do not, except in special cases or under
peculiar circumstances, make satisfactory returns, and there is,
theielore, a constant temptation to employ idle funds in specula

H

bales, against 131,379 bales last week, 152,359 bales the previous

week, and 143,071 bales three weeks since, making the total
receipts since the 1st of September, 1875, 3,184,766 bales, against
3,739,333 bales for the same period of 1874-5, showing an increase
since Sept.
for this

The

1875, of 445,533 bales.

1,

week

(as per telegraph)

details of the receipts

and for the corresponding weeks

of five previous years are as follows:

tions of various descriptions.

The market

hog products has been very

strong, aad at the
with an advance of mess
to $22.35 on the spot and $23 for May.
The advance at Chicago
has been even greater than here. There has been a Tcarked lall ingoff in the quality of the swine slaughtered. Bacon and cut
meats are higher from scarcity. Lard has also improved, but not
BO much as pork. Prime steam sold to-day at $13@13 06J on the
spot, $13 10 for March, and $13 43^ for May.
Beef and bftef
hams have also been doing better. Butter has been quiet, but
cheese is higher at 12@14c. for good to choice factories. The
exports of provisions from New York from November 1st to February 8th, inclusive, for four years, have been
close there

is

for

some excitement

Pork, bble
Beef, bblB. and tC8
Lard, lb8

187S-«.
65,069
37,268
35,849,151

BacOD, lbs

7I,758,>«)2

Butter, lbs

1,102,.3.38

Cheese, lbs
Tallow, IbB

12,983,413
13,181,209

Receipts this

1874-5,
49,448
43,711
54,3*6,870
78,155,140
1,148,479
7,514,031
11,427,070

New

1876.

79,632
30,364
50,176,482
98,626,854
765,189

1814

.ST5

1873.

1871.

1872.

Savannah
Galveston.
Indianola,

...

&c

56,746

35,485

55,1120

47..',91

35,163

10,8.30

11.983

10,042

11.930

7,98-!

6,367

8,9(1

9 324

9b0

731

9,410

18,346

1.5,5'.4

12,421

11,277

14.895

544

316

1,334

11,761

5,oro

8,895

11,760

67

19,762

6,895

9,588

15,154

27,001

J

.

>

11,102

5,603

8,'18<

8.649

5,531

12,78t

.

.

.

303

474

706

3.30

668

8H

1,099

2,.392

1.063

2,297

1,709

l,87i

Norfolk
City Point,

8,493

7,9.57

13,615

11.848

6,879

678

4S9

807

492

953

118,582

103,461

132,203

122,052

86,3.36

Ac

Total this week

i

',06

North Carolina

Florida

31,6.34

\

12,9ia

161,0M

1

Total since Sept.

59,501,313

1.... 3,184,766,2,7i9,233 2,826,407 2,50:,568!2.003,06:J!2,510,63I

93,34.3,892

The exports

week ending this evening reach a total of
127,504 bales, of which 79,209 were to Great Britain, 11,107 tol
France, and 37,138 to rest of the Continent, while the stocks agl

158.370
8,655,029
1,

11,586,051
18,152,695

;

Ac

Port Royal,

1872-8.
47.185

1873-4.

Orleans

Mobile

1.3,587,791

The number of swine slaughtered at the West this season is
down at 4,504,647 same time last year, 4,961,381 but the

set

week at—

in pork,

made up

;

swine are heavier this season than last.
Rio cofTee has declined |c., with fair to prime car^joes quoted at
16}@18c., gold Java is also quoted lower, at 23@25c-, and Maracaibo at 17@19c,, gold. Stocks of Rio embrace 235,000 bags
here, 130,400 at the South, and 41.800 afloat for the United States.
The stocks of mild grades are 49,100 bags and 113.000 mats,
most of the latter being Java. Rice has been dull. The auction

for the

this

evening are

now

stocks and exports for the week,

week

Below are thai

896,079 bales.

and also

for the corresponding!

of last season:

;

of teas yestt-rday

Kxported to
Feb.

Britain.

went

New

off at better prices, except for Japan.
sale
Sugars have further declined Jc, without leading to much busiFair to prime refining Cuba quoted at 7|@8c., and standard
ness.
crushed lOfc. The movement in raws has been as follows

Hhds.

Boxes.

475
9i6

13,451
9,33S
93,926
146,002

1,748

Charlo^tOQ

Savaonaa

;

New

week.

1875.

5,832

18.159

48,000

15,465

3,840

8,640

27.915

.

4,892

6,262

12,927

550

13,477

9,:M4

3,130

12.474

1,370

...

...

.

Stock.
1876.

1815.

30,388 391,922 292,01T
4,-365

71,523

63,30^

10,244

55,585

.58,4»

6,2eo

79,391

105. 14$

7,534

13,360

S0.059|

9,-38J

10.3,241

170.8151

22.054

13,57«

I

New Yoik

n,6S5

Norfolk

9,730

100

7,491

I

7,491
I

uf.her portsj.

There has been a moderate demand

:

Continent,

23,949

Qalvestont..

IcO

for Kentucky tobacco, and
prices are more steady at 4i@7c. for lugp, and 7|@15c. for leaf,
new crop; eales 500 hhds., of which 400 were for export, and 100
were for consumption. The quotations are for new crop. Seed
leaf has been in fair demand and prices are without essential
change; the sales embrace crop of 1873, 125 case.^ New England, at 12i@32ic., 60 cases Pennsylvania, at 7@15c. ; crop of
1873 and 1874, 200 cases Obio, at 7@0|c. and crop of 1874, SOO
cases
York, at 8@9ic., 300 cases Nbw England, at 7i<al2c.,
and 108 cases Pennsylvania, on private terms; also 200 cases
sundries at 7(g30c. Spanish tobacco has been more activ?, with
sales 901) bales Havana at 8Sc.@$l 05.
Hides have been in moderate demand, and prices are firm in
view of the small stock: Sales of dry Montevideo at 21c.; dry
California kips, to arrive, at 14|c. gold, and City slaughter ox
at 9c. currency.
Linseed oil has ruled a shade lower at 60@62c.

France

Same
week

'

Melado.

Bags.

670
655
6,754
33,247

4,586
5,983
13,910
31.620

Orleans*

Mo:iiIe

:

Receipts paft week
Sales pa.t week..
Stock Feb. 10, 1876
Stock Feb. 11. 1875

Great

11.

this

Total

Week ending

488

1,657

2,135

3.430

49,000

61,42d

37.128

127,504

71,406

1,079

£39,35«

Total since Sept.l 1.815,867 251,493 1415.167 1,882,527

11.545.12:}

.

week

Total this

79,269

11,107

yew

Orleans.—OxiT telearam lo-n'ght from New Orleans shows that (besldei
Hbore exporis) the ainout of eoftoii on shipboard and engaged for shipment a
that port Is as follows
For Liverpool, 71,0i0 iiales lor llavre, 50.0C0 halts foij
Continent, 58,000 hales for coa-twlse ports, 7,5'J<) bales; which, if deducted irora
the siocic, would leave 210,3U) balej icprcsenting the quantity at the ianalug and In.
presses unsold or aw.\iring orders.
t Galveston.— ur Galveston telegram shows (besides above exports) on shl.
hoard a' thut port, not cleared: tor Liverpool, 2),151 haleu for other forelBU,
10.612 bales; for coastwise p irts, 2,283 bales
which, if deducted from the siocli.l
'

:

;

;

;

;

;

would leave remaining 40,3:4 bales
I
i The exports this week under the head of "other ports" include from Baltlmorel
.,59.1 bales lo Bremen
from Philadelphia 168 bales to Liverpool and 362 bales tol
Antwerp.
;

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
_
in the exports this week of 56,098 bales, while the stocks to-nigh^

oils have been quiet and uoclianged.
Clover se'^d has
declined to 13^^14c. for Western and State, with more liberal
supplies. Whii<key has been variable, closing at $1 12.
Tallow
is quiet, at 9Jc. lor prime.
Stearine has sold more freely, at 13Jc.

Other

more than they were at this time a year ago.
table showing the movement of cotton J
the ports from Sept. 1 to Feb. 4, the latest mill dates:

are 56,836 bales

The following is our usual

at all
for prime Western.
The business in ocean freights has latterly been small, but the
BBOEIPTS
EXPORTED SINCE SEPT. 1 TO—
Coastreduced offf rin^s of room, botli berth and charter, has resulted
PORTS.
Wise
Stock.
Great
Other
in maintaining rates in a steady position.
Late engagements and
France
Total. Ports.
1874.
Britain
forei'n
_ 1875.
charters include
Grain to Liverpool, by steam, 7Jd cotton,
5-16(afd for compressed and uncompressed provisions, 338 6d@ N. Orleans. 954,637 745,021 343,0161158,430 120,275 621,771 100,223 386,246
35s per ton. (irain to Glasgow, by steam, 8iSt9d. Flour lo
285,179
253,493
92.074
72,114
88,399
6,024 27,6li0 105,828
Mobile ....
London, iiy sail, 28 6d. Grain to Cork for orders, 68 9d; privilege
3.'i0,686
362,718
88,009
58,289
98,514 43,013 60,318 191,935
Charlesi'n*
of the east coast of Irelsnd at 63 3d.
Refined petroleum to Bre- Savannah
417,795 481,357 123,843 26,0)5 111,016 259,891 103,742
85,661
men, 4s 3d ; do to the Baltic, 5s 3d. To-day there was a slightly Galveston*. 374,805 275,018 123,645 3,227 15,385 142.237 165,561 75,322
better inquiry, loth for berth and charter room, and rates were
152,248
New York.. 119,105 76.629 231,9561 1,760 40,213 373,928
quite steady. Grain to Liverpiol, by steam, 8d
do to Glasgow, Florida
10.1'.5
...m
10,332
10,332
by steam, 91 per 00 lbs. The nominal rates lor grain to Cork for
20,57"
77,5')3
N. Carolina
73,531
62,963
3,591
18,276
,..
2,301
orders wfre 6s 9.i@7s. Case oil lo Java, 35c, cold.
Crude or Norfolk*
31,229
331,190
300,966
71,902
1,817
73,719 277.880
refined petroleum in bbls, from Baltimore to the Continent, 5s 3d.
4->,pn4
37,300
64,273
....
65.134
10,801
The liusiness in naval stores during the past week baa bten Other port- 61,513
:::
small, yet prices remain about steady, owing to firm advices from Tot, this yr. 3,066,181
1136..598[210,33') 378,019 1755.023 902.609 '3ei,8;t)M
Wilmington. Spirits turpentine closesat3Gc, and common togood
Tot. last yr.
a.B.35,772 1078.719: t7B, 431 218..5fi7 1473,717 871.858 8't3.4J!»^"
strained rosin at $1 57^@$1 65.
Petroleum has rapidly declined,
under a dull market and discouraging advices from the wells.
• Under tlie head of C/i^rie-^tort la included Port Koyal, &c.; under tte hend of
Crude, in bulk, closes at 74c., and refined, in bbls., at 14c., lor ffa/oe.?!tonl3 Included Indiaiioia, &c.; under the head of Norfolk la Included City
Point, &c.

^1

:

;

;

.

;

1

.

—

February

deliveries. After 'Change, crude petroleum advanced to
with 7,000 bbls. foil at thij price. In wool there was a re.
ported sale of 500,000 lbs. Ohio fleece at 46c. Ingot copper re.
mains steady, with late sales of 800,000 lbs. Lake, at32Jc., cash.

These mail returns do not correspond precisely with the

8c.,

1

total of

the telegraphic figures, because in preparing them it is always,
necessary to incorporate every correctlou made at the porta.

February

—

:

.

Tlie market for cotton on the spot haa not been active the past
week, and yet a pretty fair business has been done, shippers and
homeapiuuerg having purchased moderately. On Tuesday, quo-

tations

were reduced

1-lOc.

made the day before

but

,

reduction had l>een actually

tlie

February contracts

for "short notices."

brought a thirty- second more on Tuesday than on Monday. The
market ruled weak, irregular aud dull on Wednesday, but yesterday bccanio more steady, in view of the smaller receipts at the
ports (beiDjf very small except at New Orleans) and steadier
accounts from Liverpool, with some revival of confidence among

A

on Tuesday that the
Agricultural Bureau had issued a statement adhering to its
January estimate of 4,050,000 bales as the aggregate crop,
To-day, prici's were l-16c.
but it proved to be unfounded.
higher, with a moderate general demand. For future delivery
the market has been feverish, the fluctuations being slight,
but the tone unsettled.
The advance in futures of 1-33
@l-16c., on
Tuesday, was aided, in a measure, by the
rumored Bureau report, above noted, but was more than lost
on Wednesday, to be again fully recovered on Thursday. The
receipts at tlie ports for the two days ending last night wera, notholders.

:

THE CHRONICLE

1876.]

I'J,

:.

.

report obtained

circulation

181

The Visfble Supply ov Cottok, as made np by cable and
telegraph, is as follows.
The continental stocks are the figures
of last Saturday, but the toUls for Great Britain ami the afioat
for the Continent are this week's returns, and conaequentlj
brought down to Thursday evening; hence, to make the totals the
complete figures for to night (Feb. 11), we add the Item of exports
from the tJnited States, including in It the exports of Friday
only

:

187tt.

Stock at Liverpool
Stock at London
Total Urea! Britain atock
Stock It Havre
Stock at Uaraolllei
Stock at Barcelona
Stock atHambare
Stock at Bremen
Stock
Stock
Stock
Stock

at

....

Amsterdam

Rotterdam
at Antwerp
at

at other continental port'.

1»75.
'08,000

1S74.

i«».

793,000

SM.OUO

441,0a*

69.000

1!M,750

I8),1U>

118,000

863.0CO

90i,730

801.750

Molooo

iOt.OOO

117,500

108,000

i06,000

4,760

10.250

S.600

18,000

88,000

48,000

89,000

48,000

19,900

18,000

19.000

18,000

41,7!0

4O,0CO

89,500

87.000

44,100

46,500

tt,VX>

84,000

15,000

:8,C00

81,000

7,000

18,350

4,C0O

13,3C0

89,000

18,290

14,000

84,000

87,000

418.600

806,780

808,830

487,000

Total Bnropean stocks
1,274,600
India cotton afloat for Europe.. .. 103,000
American cotton afloat for Europe 947,000

1,811.600

1,116.000

1,107,000

1W.000

140.000

Total continental

porU

193,000

withstanding the free arrivals at New Orleans, on'y about the
442,000
661,000
same as for the corresponding period last year. The falling off at Egypt, Brazil, &c.,afloat for K'rope 97,000
87,000
73,000
Savannah and Charleston was so marked as to attract much Stock lu United States porU
bW,079
839,853
840,808
attention, but the Gulf ports and the Xorthern ports showed
Stock in U. S. Interior porta
187,r66
l.')7,M0
1.53,096
figures very nearly up to la.st week, and in the aggregate there United States exports to day
»3,0J0
9,000
: 3,000
was a small excoss over last year. To day, there was a buoyant
ToUl visible supply.
haIea.3,03i,3.S5
8,!i56,S81
8.!)9«,9U8
openinjr, and prices advanced 3-ii2@ic., but the demand fell off
Of the above, the totals ur American aud other doacrlptlons arn 1
when the free receipts at New Orleans and Mobile became
American
known,' and prices receded iy2c.
Liverpool stock
..
432,000
8!i8,000
816,000
The total sales for forward delivery for the week are 109,400
Continental stocks
842,000
1-23,000
U8,000
bales, including
free on board.
For immediate delivery the American
afloat to Europe
947,000
442,000
eei,OaO
total sales foot up this week 6,S15 bales, including 3,147 for exDcUcdStateastock,,..,
896.079
8,19,29.)
840,806
port, 3,200 for con.suraption, 4L8 for speculation, and
in
127,75fi
i:i7,530
153,096
transit.
Of the above, 200 bales were to arrive. The following United States interior stocks...
UnitedStatesexpoits to-day
25.000
13,300
9,000
are the closing quotations

488,000
106.000
503,088

89,0tS
88.000
8.614,180

,

—

followf

I

117,000

in.ooo
4S8,0ai|

903,08

69,048

.

88,000

:

Nav ClasBlUcatlon.
Ordinary
Strict Ordinary

perl

ux®....

nv«....

ViH»....

12Ji®....

:2\'«....

Middling

ux®

13

Bood Middling

1.3K8...

13X»....
13X»....
U »....

Strict liVjd Middling

..

isxa....

"

MlddluilTKalr

®

tis<a....
15>i®,...

....

fair

9X

wx
UK

lOH®....
11 a....

Uow Mlddllutr
Strict Low .Middling

ToUlAmerlcan

Orleana.

9H®....

9X»....
loxa....
11
«....

Good Ordinary
Strict Good Ordinary

New

Alabama.

nplanda.

lUX

(a...

..

IIX

«...

»

i\H
vi^

9H

UH

a...
a...
®...

13

...

••..
®...

12

una....

UK

15X».-..

15X

a...

®.

13

13 3-18®...

3-16®..

13

®...
«...
«...
a...

13X
14X

it...

K

®.

13V

bales.VJ49,838

Sast Indian, Brazil,
Liverpool stock
London stock
Continental stocks
India afloat for Europe

Good Ordinary

TotalEast Indla.&c

9Y Low Middling
lt.';<

I

nf(

Middling

Below we give the gales ot spot and transit cotton and price of
Oplandu a,t titia market each day of the past week
:

PBlUrt».

8A.LltS,

New

.

Con- Spec- TranGood Low
Bxpt. anmp. ala'n tt. Total. Ord'ry Ord'ry. Mldl'g.

Ciaaatilcatlon.

Baiardai

330
SOU
4<3
sto

175
615
l.JU)
100

Monday
taaaday
Wednesdaj....

roui

563

11 1-16

Ill

915

11

'46

12)4

1,709

S^-16 10

m

1,211

"a

S91

606

SIS

1.703
Ifiii

3,117

3,260

4J8

~6i^S15

mnraday

9 9-16

8

9 7-16
9 7-16
9)4

4U0

1,358,180

361,000

370,000

406.000

388.000

69,000

134,750

185,790

193.000

190,500

185,751

190,893

340,000

105,000

180.000

140,000

198,008

57,000

37.000

73,000

106,000

l,16i.000

788,600

907.SG0

995,000

8,849,8:5

1,948,783

8,001,902

1,393,13

8.866,383

8,996,902

8,514,130

7X®7Xd.

8d.

9Xd.

1I«

I

Uood Ordinary

2,001,903

Bgypt, Brazil, &c., afloat

Total American
Strict

1.948,783

Ac.—

15-16
10 15-16
10 1",-U

Middling.

5-16 13 1-16
13

12 15-16
12 S-:6 12 15-16
12 3-16 12 15-16

11

....

....

....

Total visible supply. ...bales. 3,038..S36
Price Middling Uplands. Llverp'l. 6 7-16d.

These figures indicate an increase in the cotton in sight to-night
of 176,052 bales as compared with the same date of 1875, an
increase of 3.j,433 bales as compared witk the corresponding
date of 1874, and an increase of 518,305 bales as compared
with 1873.

—

At tue Interior Ports the movement that is the receipts
and shipments for tlie week and stock to-night, and for the
week

corresponding
statement:

....

of 1875

—

is

set out in detail in the following

Delivered on contract during the week, 2,500 bales.

tor forward delivery tlie sales (including
free on board)
have reached durinjr the week 109,400 bales (all middling or on
the basis of middliug), .and the following is a statement of the
sales

and prices

Aufusta.

:

For Marcb.

for Feljrnary.
bale*.
500

'.2

cts.
21-32

bales.

MX

l«H.ii.8th.l2Z0-)J

12 1316
ICO a.n.l<tll.l2 21-32

JTOnonot

23,700 total

900 B.n
.

\3%

13 9-16
13 19-32

1.100

ISK

900
20O
700
400

12 29-32

13 9-32

tout May.

13 27-32

IS 15-16
13 31-32
14

70O

5.100
6,900
3,100
3.100
1,900
4,300

900

6,200.

2,500

13 I3.su
IS 7-16
13 15-22

25,900 total April.

Shreveport, La
Vlckalj'g, Mlsa....
Columbus, Miss...
Eufaula. Ala

toUl July.

For August.

...13 25-32
2,600... ,, .13 1!-16
300.... ....18 C7-32

1.500
1,200

1,100...
13«
;,oo«.... .,..13 29-32

200

16,190

total June.

Total, old ports.

14 3-S2

14
14 1-32
14 1-16
11 3-32

800

3,700 total

JelTerson,

followini; will show spot quotations
bid for futures at the several dates named

mODLINa CFLIMDS— AMXBIOAH

May
July

14

Tfiinuj
Hareb
April

Angmt
g^MtPOt
Bales rniure.,.

Qold
;xcta«i(e.

13!

14 1-16
1.276

19300

Bat.
13 1-16
12 29-J2

Charlotte, N. C...
St, Louis, Mo
Cincinnati, O

18X
13 11-32

13 9-16
13 29-3J
14
568
19.500

oi.AsairioATioir.

Taea,

Wed.

Tbura.

12 15-1«

12 15-16
12 27-32
IS 1-32
IS 9-32

12
12
13
13

12X

1-16
9-S2
17-32
23-32
29-32

13
13
13
13

91)
25,8fO

3-32
11- :s
9-16
25-32
13 15-16
14 1-16
l.TOJ
12,900

ISV
13 23-32
13 '29-32
14

400
17,700

liiH
1,8,1

15-16
29-32
3-32

11-32
13 19-32

12 2>-32

13 31-32
14 1-1«
1.703
15.400

:ii2»
4"li<

3,749
2,186

482

Week

ending Feb.

12, 1875 .

Receipts. Shipments.; Stock.

18,932
10.939
7,634
9,891
8,863

3,8;8
t86

6.3,840

8,168

8,319
1,978

5,343
1,715
1.868
1,337
1,6.«
8.639
3,891

17.604
12,880
9,407
4,881
6,78«
69,374
17,696

894

1.017
10,700
1,562

951
1.407
14,095
1,897

18,495

24,766

137.756

18,631

83,426

137,680

1,000
1,699
5,163
5,584

79J
795
3.653
8,087

1,439
6,166
8,566

502

636

l.OM

985

1.359
1,377

3.259
4,007
1,302
3.76J
2,504

1,000
8,897
3,369
1.594

1,838
3.188
6.26»
2,906
838
3,090

1,166
183

an

486

687

447
1,858
7,548

993

5,44!>

ip97

4.260
2,268

763
664
383

576
349

1.129

1.109

315

833

1,C99
3.493
2.023

1.087
4.205
2,499

6.39

3,171
1,883
1.099

3,S<)0

1,803
8.142
2,353

87,369

39,902

74,102

16,849

18,990

69,095

45.864

64.668

301.858

39,476

48.416

206,636

a.<»

37,225
11,191

39.846
16,400

new

ports

The above

show that the old interior stocks have
week 6,271 bales, and are to-night 9,774
same period last year. The receipts at the
same towns have been 136 bales less than tlie same week last
totals

decreased during the
bales less than at the

18
27-,3J

1876.

:

and the closing price*

Mon.
12
18
IS
13
13
13
14

11,

Aug.

pd. to exch. 200 Feb. for July.

13 i-;»
IS
13 7-32
13 7-18
13 ;1-S2

.

Total, aU

The

Onmot

Texas j«^

Ga
Atlanta. Ga
Rome, Qa

Total,

The following exchange has been made during the week
l-!Bc.

.

Grlffln,

2,-.'0O....

:3^

Tenn

500

13X

,

Memphis, Tenn
Nashville,

770
462
545

.

Selma, Ala

1.500

6,100

ending Feb.

8,419

Dallac Texas..

IS U-l«
.13 23-32

200

IS 9-32
13 5-16
13 11-32

Qa

Columbus, Ga
Macon, Ga
Montgomery, Ala

14 1-32
14 1-16

Marcb.

For Jane.

lOOa. n...i2'29-92
100 DC not
29-32
thia weo:£ 512
IhW
.12 29-32
.TUO
.12 15-la
1,100
13

eta.

100

1S«

SOO

balea.

IS 17-32

13 21 82
13 11-16
13 28-32

1,700

For April.

12M
12K

UI.WO total Feb.

ISH

3,(X)0

2S,O0O

,^^,^j

l,10O.'.".'...12 27-82

S,MO

13 5-32
13 3-16
13 7-32

For July.
eta.

5,200
4.800
8,300
8.100
1,300

13%

2,700
3,600
EOO
lOU

aO

balea.

13 1-16
13 3-36!

»M

200 8. n. .,12 25-31
illU(.n.l2tb.l2 25-32
UIOB.n.lUin. 12 13-16

For May.

cts.
13 1-32

1.2U0
6.510
2.600
5,UX)

lOOa. n. 9ili..l2y
all 8.0. 7ih,.. 12V

lOOa.n

Week

Receipts. Shipments. Stock.

«^)i

FrI.
13
12 15-16

18X
13H
13 19-32
13 lc-l«
14

14S-3J
1.525
l!,lOO
113

t.H

year.

—

Bombay 9 aiPMBKTS. According to oar cable despatch received
to-day, there have been IG.OCMi bales shipped from Bombay to Oreat
Britain the past week, and 12,000 bales to theContinent; while the
receipts at Bombay during this week have been 2 (,000 bales.
The movement since the 1st of f anuary is as follows. These are
the figures of W. Nicol & Co., of Bombay, knd ai* brought
down to Tbursdajr, Feb. 10

—

^-3tupmontB this
Great
Con-

week^

Brltaln. tlnunt.
IB.DUO
la.iHK)
8,00(1
20.000
10,000
19,000

Total.
28,000
23,000

^SlilpmentB since Jtn.l-.
ConGreat
Britain, tlnent.
33 0JO
3J,000
95,000
51,000
31,000
63,000

'AOOO

Total,
71.000
146,000
9J,0OO

-

—

—

Kccelpt«.
blnce

This
week.
24,000
45,000
36,000

.lan. 1.

102,000
198,000
1!?9,000

From the foregoing it would appear that, compared with laat
bales this year iu the week's
year, there is a decrease of
shipments from Bombay to Europe, and that the total movement
since January 1

shows a decrease

in

shipments of 75,000 bales

compared witn the corresponding period of 1875.

—

.

THE CHRONICLE.

]62

1878
1876
1874

—

.(

.

[February 12, 1876.
Average thermometer

seventy-one hundredths of an inch.
kighest 75 and lowest 38.

53,

I

—

Augusta, Georgia. The early part of the past week we had
three rainy days, the latter part of the week being clear and
Total rainfall, one inch and nine hundredths. The
pleasant.
thermometer has averaged 48, the highest being 70 and the
lowest 31.
Charleston, South Carolina. It was showery at this place three
days of the past week, the rainfall reaching one inch and twentyThe thermometer has averaged 51, the higheight hundredths.
est being 73 and the lowest 34.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
give last yeaVs figures (Peb. 13, 1875) for comFeb. 10.

i

—

•I

has been much
Southwest during the past week, and the roads
We
which were bad in that section are much improved.
parison,
,-Feb. 12, '75.-,
,-Feb. 10, '76^
Oaheston. Texas.— It has been showery on one day of the past
Inch.
Feet.
Inch.
Feet.
week, the rainfall reaching nine-hundredths of an inch. In the NewOrleans.. Below high-watermark
9
8
4
9
20
9
11
33
Above low- water mark
interior the weatlier has been good, and roads are much im- Memphis
11
2
16
11
Nashville..... Above low-water mark
bagging
for
demand
proved. There is still an unprecedented
21
2
96
Shreveport.. ..Above low-water mark
28
3
2
41
Above low-water mark
and lies. The thermometer has averaged CO, the highest being Vicksburg
New Orleans reported below high-water mark of 1871 until
74 and the lowest 41.
zero of gauge was changed to high-water
Dry Sept. 9, 1874, when the
Indianola. Texas.— 'Vhejo has been no rain this week.
mark of April 15 and 10, 1874, which is C-lOths of a foot above
demoralgreatly
Labor
is
desired.
weather now is very much
1371, or 10 feet above low- water mark at that point.
The thermometer has averaged
ized by the impending election.
Imports, Stock and Consumptiox op Cotton in Europe.
We take the following figures from the annual circular of Messrs.
CO, the highest being 77 and the lowest 38.
Stolterfoht, Sons & Co., Liverpool, showing the import, stock and
Corsicana, Texas. Ice formed here one night this week, but
consumption of cotton in Europe for the years ending December
been
no
There
has
pleasant.
been
week
has
of
the
balance
the
See Chrohicle,
31, 1874 and 1875, expressed in 1,000a of bales.
The thermometer has aver- February 0, 1875, page 145, for previous report.
rain, and the roads are drying up.
,
1875.
1874.
aged 53, the highest being 78 and the lowest 20.
U.S. Bzl.W.I. E.I. Med.Tot'l. U.S. Bzl.W.I. E.I. Med.Tot.
We have had one cold day, but the rest of the Stock, Jan. 1
Dallas, Texas.
2:j4
599 97 1,050
386 99 57
475 87 1,104
81 39
week has been pleasant. The bottom roads are still bad, but Import to Dec. 31
!,055 251 3,708
Great Britain
1,958 498 118 1,041 300 3,915 1,859 424
4.12
251 90
805
229
710
23
335 49
8
elsewhere they are improving, as we have not had any rain
France
113 ..
182
168
09 ..
80
82 ..
..
Holland
during the week. Wheat crop is doing well. The thermometer
6J 10
147
3
2-J5'
90
1:J8
81 17 ..
Belgium
146
8
399
136
470
198
85
2.57
39
Germany
38
the
lowest
40.
being
and
78
has averaged 73, the highest
125 19
98
118
1441
Trieste
73^
23 23
3il
06
21
1
..
19
Jfcm Orleans, Louisiana. We had rain on five days of the
Genoa
199
17 S7
4
196
66
Spain
73 24 41
inches
and
seventy-two
hun.
two
reaching
week, the rainfall
Total bales
2,766 627 200 1,703 479 5,781 2,712 506 165 1,877 475 5,735
dredlhs. The thermometer has averaged 55.
Deduct intermediate
There was a frost here on Saturday last,
430
7
G71
iihretepm't, Louisiana.
100 14 20
9 24
435
9
556
shipments
79
and a light rain on Monday; the weather since has been very
Total bales
2,687 618 182 1,268 470 5,825 2,612 492 145 1,447 468 5,161
475 87 1,104
386 99 57
warm. Tlie road.t are now in better condition, and there is plenty Add stock from above 234 81 39 699 97 1,050
Total rainfall for the week eighteen hunof water to all i>oinl3.
Total supply
2,921 691 221 1,807 567 fi.S75 2,993 591 208 1,922 .5.55 6,268 i
357 96 1,052 J
465 89 45
475 87 1,
31. 386
99 57
dredths of an inch. Average thermometer 57, highest 79 and Deduct stock Di

Weather Repokts by TELEGRArn.— There

less rain iu the

I

—

—

,

,

I

,

—

'

—

'

—

lowest

i

33.

Vicksburg, Mississippi.

—The early part of

the past

week was

was clear and pleasant. Rainfall for
Average thermometer 50, highest 70 and

rainy, but tlio latter part

the week, one inch.

Total deliveries 2,585 600 161 1,392 480 5,171
Deliveries
671 292 3.224
.1,727 4.39 95
In Great Britain
689
3)1 47
6
214 91
France
.
75 ..
85 ..
161
1
llolianrt
.
94 ..
145
Belgium
34 17
24(1
142
471
44 38
Germany
»!)
19
118
Trieste
66
30
1
..
18 17
Genoa
168
Spain
03 21 23
3 58
tSnrpius of export-—
20 31
1
66
3
127
Great Britain
.

.

.

lowest 38.

—

Columbus, Mississippi. We have had warm, sultry, wet
weather the past week. The rainfall has reached seventy-five
hundredths of an inch, and the thermometer has averaged 03,

ranging from 48 to 75.
LiUle Rock, Arkansas. There were only three clear days the
past week, but there was no rainfall. The thermometer has
averaged 50, the extreme range being 30 to 75.
There has been no rain here during the
Nashville, Tennessee.
week. The thermometer has averaged 45, the extremes being

—

—

35 and 54.

—

Memphis, Tennessee. It rained slightly on two days, the rainfall reaching one hundredth of an inch, and the rest of the week
was cloudy. Average thermometer 51, highest 58 and lowest 44.
Mobile, AUibamn. It was showery two days and cloudy two
days the past week, the remaining three days being pleasant.
Average
Total rainfall, thirty nine hundredths of an inch.
thermometer 51, highest 70 and lowest 33.
Montgomery, Alabama. We have had warm^^sultry, wet
weather the past week. There was rain on three days, the rain,
fall reaching seventy one hundredths of an inch; and the thermometer has averaged 53, ranging fiom 30 to 75.
Selma, Alabama. On two days of the week we had rain, the
The
rainfall reaching seventy-three hundredths of an inch.
weather now is warm and sultry. Average thermometer during
the week, 50.
Madison, Florida. There was one rainy day here the past
week, the rainfall reaching fifteen hundredths of an inch. Average thermometer during the week 57, highest 70 and lowest 44.
Macon, Georgia. There were two rainy days here this week.
The thermometer has averaged 50, the extreme range being 27

—

—

—

—

—

to 72.

—

rained constantly one day of the week,
and was showery two days, the rainfall reaching one inch and
The thermometer has averaged 42, the
twelve hundredths.
highest being 58 and the lowest 31.
Columbus, Qeoryia. There was one rainy day the past week,
the rainfall reaching twenty- four hundredths of an inch. The
thermometer has averaged 57, the extremes being 34 and 72.
Savannah, Oecrgia. Three days of the past week were rainy,
\t\A the rest were pleasaut, the rainfall for the Week reaching
Atlanta, Georgia.

It

—

—

.

.

.

.

2,533 502 157 1,565 459 5,216
1,702 409

357
78
60
198

88

82
8

.,

..

9
18

3
29

28
61

a

..

23

34

46

19

1

|

662 260 3,115
2.35
93
715
225
147
.
142
817
3
143
2
390
129 20
149
23 22
75
17 67
195
.

67

2

1.35

Total deliveries. .2,535 BOO ItM 1,398 480 5.171 2,533 502 1S7 1,565 459 5,216,
Stock, Dec. Si226 86
673
7H6
286 64 11
275 82 25
330 74
Great Britain
81
3
208
118
France
33
7
7
65
6
108
8
8
29 ..
60
93
21
Holland
.
30 ..
..
63 ..
6 ..
13
5
6
1
..
Belgium
.
4 ..
..
1
..
11
..
48
39
20 11
6
Germany
.
20
4
7
8 ..
1
2
8
5
Trieste
3
8
1
<l
8
7
2 ..
4 ..
..
Genoa
1..
..'
5
20
1
4
60
18
1
4
46
20
Spain
18
5
.

. .

.

.,6

ToUlbales
Stock, Dec.

The weekly

99
264 109
.J86

SI, '71, '72

57
38

87 1.104
70 1,037

475
566

1875

1874

2,788
9,096
2,269

Trieste

48

357
767

96 IjCSt
TO 1,119

J
I

1874.

1875.

Genoa

1,S69

Spain
tSurpIus of export
Great Britain

3,2:31

1.442J
3,760

2,481

2,598

Total deliveries.. 99,480

100,:M8

59,904
13,760
4.327
4,173
7,500
8,666

Great Britain.. bales. 62,000
12,058
Franco,
3.096
Holland

Germany

71

two years have been as follows

deliveries the past

Belgium

45

465
163

j

]

1

Of the exports, those marked • were to France, Holland, Belgium, Germany, Trieste, Genoa and Spain, and are comprised in the imports to those
places
and those marked + were to the Baltic, etc.
The following statement gfives the general import, stock and:j
consumption of cotton, reduced to bales of the uniform weight of
]

;

400 pounds.
IMPORT.

U.S.

M.

1869
1870

bales. 1,5S3

2344
3.251
.?.... 2.125

Ib71

1872
1S73
1874... ... ...

8,71)8

8,949
8,867

1(,75

Brazil.

881
218
293
366
221
244
197

.W.

I.

93
80
116
112
97
93
74

E.

I.

1,588
1,057
1,313
1,462
1,092
1,164
1,331

Med.
598
5:i5

517
629
711
673
708

Total
4,137
4,2S4
5.490
4,6!M
4.897
5. 123
5,171

CO N8UMPTI0N.
1,613
2.305
8,131

1869
1870
1871

18?8
1873
1874

2,8.16

.

2,690
2.782
2,780

...

1875

273
21S
870
380
225
237
301

91

84
119
107
108
84
80

STOCK DECEMBEK
1869
1870...
1871 .

128
187

.

289
179

872
873

2W
4a3
DIO

.874

8TS
,

17

S*
45
27
32
39
as

1,603
1,154
1.054

),2M

600
519

497
629

4,183
4,255
5.07.

4,61)
4,93i

1,214
1,312
1,487

673

6S5
6S8

5.1(Vl

8
83

340
855

21

514

48
66
84
87
136

541
533
963

5,236

81.

24

732

21

641

29
23

425

124
144

I,04»

987
1,040

%,m

:

.

THE CHKONICLR

February 12, 181 6 J
With regard

to

:

coDsumption the same circular contains

tlie

followinj;:
rtisappolntlne ono In alnioet every '.)rancli of
iiiont of the princiiittl articles of Import ImvluK loft heavy Uxsei",
liiiBlnesH
Cotton has been no exeei»wiiilut tlie Mile ha« been a alow and dragj^lu;; one.
tlon. The innrket at the buKluJiInt; of the year opened with a brUk demand,
and prleen advanced In a phort time to Kil. for middling Orieauj, and maintained their value fully during the Bpriin', But early in Iho Bummcr the
demand tell oil', and In nplle of a crop considerably below that of the previous
year, prices fell slowly but steadily, and the import of cotton during the latter
part nf the year has been almost Invariably to a lof s. Various causes have
contributed to this bnd state of trade ; one of the chief, no douUt, was thu
general dislrust occasioned by the heavy failures In London and Manchester
during the summer. These principally affected the Eastern trade, and
materially curtailed the facilities for disposing of manufactures for the India
»nd China markets. The efl'ect of these failures, and of the developments
which have eincc^ taker, place In conueetlon wiih some foreign loanS, followed
by hn default of Turkey and Peru to provide the Interest on their debt Is.
however, gradually disappearing, and lu Manchester a more healthy feeling Is
thowli'g Itself.
Tub e<)Nsi!.«PTtoN of this country, which during the greater part of the
year wa-^ curtailed by Che above-named causes, now connnences to show signs
of a gradual Improvement. The ertocts of diminished supplies of goods In
many of the foreign markets is beginning to make itself feltbya uteady.
though still not very active d(unand in BAauchester, on the C?outinent and In
America. Two of tlieee producing centres, however, still show a reduction
for the whole year, the inii>rovemeiit having commenced too late to have any
ap|>reeiali!u etfect In counteracting the bad slate of trade during the earlier
part of the twelve months. Thus, the consumption of the United States is
less than it has been since 18i!(, and of tireat Britain since ISiO, but on the
cannot suppose that the
Contini«it the deliveries show some increase.
wants of the world are less, considering tlie comparatively low ievel to which
prices have lallen ; nor is it to be supposed that foreign or homo markets
were materially overstocked during tlie previous years, the production never
having been nnduly stimulated, and not having advanced nitti any uurea»nnmust ratiier look to the general st-ignatiou of trade, and
able rapidity.
the iiulisiiosition to provide for any but immediate wants. The Board of
Trade returns for the past twelve months, just Issued, show that all articles
of export have alike suffered, but the month of December already shows
symptoms of recovery in some important branches. It must be recollected,
besides, that the prices of coal, iron, cotton goods, and other articles are mate
rlally lower than during the previous years, and the actual falling oil' In
trade is not so great, therefore, as it seems to be.

Futures.

SATuanAT.— March-April delivery fhom

;

We

We

1674.

1875.

187J.

Total value of exports of British pro£-223,494,000
£219,558.000 £';55,lt)l,000
duce
£13,170,C00
£U,M6,000
£I5,89.-i,000
Cotton yarns
ai5
221
S15
in millions of p.3und8.
Do.
£58,5li5,000
£59,780,000
£61,468,000
Cotton goodf, valno
3.607
3,560
in millions of yards....
8,481
Do.
—Thus it will bo seen that the quantity of yarns, and of goods exported, fully
comes up to the yeur 1,S?3, though tlie value is considov.ibly less, and that even
with last ye.ir the comparison is considerably less unfavorable as regards
quantity than it is in values.
In Fkanos the cotton trade seems to flourish, and by all accounts spinners
That country has shown most marvellous powers of
tliere are doing well.
recuperation, aud is generally reported to be in a prosperous state, whilst, as
regards tlRi cotton industry, both fiduncrs* and manufacturers have found a
quick and protitable sale for their productions. From Gehmany the accounts
arealnoon the whole g<iod, *he exception being chietly from Au.stria. The Continental spinners have imported pretty freely during the i)ast seagon, and seem
disposed to continue to do so. A large proportion of Peruvian and Tahiti
cotton has found its way to Hamburg during the year, whore these kinds rcem
to be very much appreciated. BEumr.>i presents little noteworthy, and the
cotton industry seems to go on in a quiet and satisfactory way. Prom lIoLi,»ND the accounts are again unsatisfactory. The Eastern trade, on which
she largely dftt»ends for taking off her productioiis. continues in an unsatisfactory condition, and the cotton-manufacturing trade is languishing. The
Imporis of cotton both into Uoiiand and Belirium consist largely of transit
lots en route for Germany aud Switzerland; the apparent deliveries, therefore, are considerably in excess of the actual consumption, and the increase
this year arises from the fact of more cotton having found its way Into the
iuterior by these routes than i)revionsly. and this acconnts, too. for the apparent falling off in the Imports into Germany. The trade in Switzerlano, as
well as in Alsace and Lorraine, is favorably spoken of. In Spain a steady
business is doing, notwllhsianding the political distractions from which
The slock for the end of the year in the
that country suffers.
accompanying tahles is approximate only, as far as the different descriptions go, the total amount only having been furnished to us from Barcelona
to which onr flguresas usual alone apply. The import, however, Is correct

against 3.W7.'.I94 poods or

The

import of 1874
was 4,452,600 poods, which would m ke the imi)ort for the pist ye ir (on same
basis for the last throe months) 4,725, OCO poods. Of the above 11,258 bales
Egyptian and 20,6H1 bales Siirats were Imported into Odessa, and 872,S13 bales
Into dt. Petersburg and Reval.
1.3.1,184,544 lbs. In

1874.

—

GuNNV Bags,

B.^oqino, &c. Bagging has
mand during the, past week, and no round
disposed of only jobbing lots are moving.
ever, steady as to price, and are asking 13(((>l!fic.
;

total

Ijeen in small de-

parcels have been

Holders are, howat the close Bales.

and noiniaal. India, quoted at 9@!)i^c., Borneo, 12i@12J<5.
Bags are dull, with holders ijuoting l;5Jc. for 440s. Butts have
been in better sujiply, and buyers' demands have been filled with
some lots; about 1,500 bales in port unsold, which are held at 3}c.
Sales have been made of 1,000 bales to arrive, February and
March shipments, at 3ic. gold.
LilVBRPOOIi, Feb. 11.-4:30 P. M.— By CABLB FROM LIVERPOOL. The market has ruled steady today. Sales of the day
were 10,000 bales, of which 2,000 bales were for export and
speculation.
Of to-day's sales 7,000 bales were American, The
weekly movemeat is given as lollows
rule

'iuli

,

—

:

Sales of the week
Sales Aincricau

b«lo«.

Jan. 21.

Jin. »8.

62,000

64.000

4.

Feb. 11.

49,000

55,000

Feb.

40,0(10

Forwarded
of which eiporters took
of which spocalatore took

28.000
18,000
17,000
5,0O0
5,000
5,030
6,000
4,000
4,000
793,000
Total Btoclc
743,000
68.i,000
432.000
of which American
390,000
342,000
121,000
Total Import of the week
104,000
121.000
87,000
of which American
73,000
91,000
5,000
Actaalexport
6,000
6,000
318,000
388.000
Araountafloat
419,000
285 000
of which American
301.0(0
331,000
The following table will show the dally closing prices of cotton for the week
Frl.
time.
Wednes.
Thnre.
Tnes.
Satnr.
Mon.

ma.

upPdi. ..(a6'4

do Orl'ni.

..^

Ij-ie

21,000
5,000
6,000
703,000
356,000
101.000
69,000
7,000
893,000
312.000

..a* 7-16 ..&• 7-16

..S^K

.&i>H

.

m

7-ia ..i^ 7-ia

•W'^H

.&6H

.&»

7-16

..^^X

I»w

Mid. cUaw, 6 7-1M

If

required, 6 u-16d.
April delivery from Sav. or Cliu,, Low Mid. clau'e. 6X1L
April-May delivery from Sav. orChas., I.,ow Mid. clause, Ii7.|<id.
May June delivery from Sav. or Chas, Low Mid. clause, VVd.
Junc-.luly delivery from Hav. or Cb*<., Low Mid. clause, OtflM.
Jan. -Feb. shipmant from 8av. or Cba*., Ixiw Mid. claoM, by hII. If
required. G 7-16(1.
Feb.-March shipment from New Orlcang, Low Mid. clause, by ull, If
required. 6?id.
March April dellverv from Sav. or Cbas.. Low Mid. ciause, A 5 Iftd. hid.
June-July delivery from Sav. or Ohas., Low Mid. clause, 6Xd. bid.
TuiBDAY.— March April delivcy from Sav. or Chas.. Low Mid. cIuum!, tt,^d.
Miy-lnne delivery from Sav. or Chas.. Low Mid. cjause. «J<d.
Juae-July delivery from .Sav. or Chaa., l./>w Mid. clause. 6 w-lCd.
Wednesuay.— April-May delivery from Sav. or Chas., l>ow Mid. clanss, BVd.

MoaoAr.- March

bid.

June July delivery from Sav. or Chas.. I.,ow Mid. clause, O^d.
Feb-March shipment from Hav. or Chas.. Low Mid ctau'«e, 6 7-16(1,
MaKch-April shipment from Sav. or Cbsa., Low Mid. clause, OXd.
TitURSDAT.— None.
Friday.— Feb.-March shipment from Sav. or Chas., Low Mid. clanse, by ull,
6Xd.
April-May delivery from Sav. or Chas., Low Mid. clanse, 6'4d.
March-April delivery from Sav. or Chas., Low Mid. clause. 6>id. hid.
May-fune delivery from Sav. or Chas., Low Mid. clause, SXd bla.
July-August deliveryfrom Sav. or Chas.. Low Mid. clause. 6^d. kid.
Jan. -Feb. shipment from Sav. or Chas., Low Mid. dauae, by sail, 8 7-l6d.
bid.

The Exports of Cotton

from New York, this week, show a
decrease, as compared with last week, the total reaching 0,~;iO
bales, against 10,183 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 187.'); and in the last column the total
for the same period of the previous year.

New York inceSept.l, 18)C

Exports otCottan(baIeB)ft'oin

wnK HDina

.

both in the details and the total. In Sweden, sUhough the number of spindles
has increased during the past yenr, yet, owing to the heavy stocks l-.c:d by
spinners at the commencement of the year, and along contiuueddroughtwhicli
stopped many of the mills worked by water power, the import decreased from
about 190,000 cwts. of raw cotton in 1974 to about 117,00) cwls. in 1875. Trade
generally has been fairly remunerative for spinners, but the prospects lately
are not quite so promising, on account of the general stagnation of business.
In RiTs.^iA, the spinning business has been better than the weaving; the
former has done fairly well, but not the latter. The olllcial retunis of the
Import for the (Irst nine months of 1875 is 3,»"it,912 poods or 143,276,832 lbs.,

S»v. or C'lm.,

May-Iunn delivery from 8av. or Chw., I»w Mid. clauw, A »-l«d.
Juno-July delivery from Hav. or Chaa., I,«w Mid. cUine<-, 6Sd.
Feb.-March shipment from Hav. or Chu., Low Hid. clauM, by uil,

The p»8t yenr hae been a

I

lft3

Jan.

Jan.

19.

20.

Sams
Feb.

Fob.

9.

2.

period
prev'us

date.

year.

11,113

14,948

9,5^9

9,635

540,138
1,441

11,113

14,943

9,590

9,625

24r,»0

187.07J

5

1,765

4,021

1, 785

4,02i

100

19,5.59

10,993

Other British PorU

Total to Gt. Brltalu

Total
to

Havre

Ii7,0;»

Other French ports

lotal Frencb
Bremen and Hanover
Hamburg

600

l,ri41

51

19

463

7 927
l'A4i8

14,7«.'>

250
901

&69

3«,»04

27,478

375

Total to N. Europe.

1,419

SpalQ,OportoA01braltarftc
Allothers

57

Xota.1 Snaln. &:c

10

'«9

69

Orand Total

flOO

"59

1,750

409

....

283,6^

0.730

10,168

12,53«

10

218,583

The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1 '75
,

iniW TORK.

1

BOSTON.

1

PHII.AD(U>'IA

BALTIHOKI.

This Since
week. SopLl.

This Since
week. Septl

aaos'TBrBOKThis
week.

New

Orleans..

3,167
1.096
767

Texas ....,..,
Savannah

Since
Sept.

This Since
week. Septl.
1

1.

82,580

3,903

.50,.523

"406

66,112

Mobile

1,592

Florida
S'th Carolina
N'th Carolina.
Virginia
North'ra Ports
Tennessee, Ac

198
1.3T7
871

2,8M
16
7,0!,0

Forel^

6,113
3,f29
:6.ii5
1,592

6,6M
73,123
37,165
151,213

1,216

1

136.
'

'i)!

l!(if>6'5

2,9(17

126,465

2,721

42,8 4
53,850
44.413

l,.50O

4

10,266

C3
429
1,394

8,76«
18,416
45,176

331

8,8Gr

....
..•

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

1,S5'

6,541

"561

....

1,56;

00,8-48

Total this year

17,309

601,777

11,080 169,991

1.65!

33,5,S.3

2,785

84,491

Total last year.

15.789

5.36,645

15,873 17.1.410

1,S79

.37,491

S,99«

SiASa

News. — The

exports of cottoa from the United
Shipping
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
98,453 bales.
are the same exports reported by telegraj)!!, and published in
The Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
^^^^^ ^^^

Nkw York—To Liverpool, per
manic, 2,5H5 ...Parthl--,

steamers City of Brooklyn, 659

i^4^...

Ge^

.Egypt, 2,401 .... Montana, 3,038....

To Havre, per steamer Periere, 5
To Bremen, per steamer Oder, 100
New Orleans— To Liverpool, per steamers

9,635

5
100

Bolivar, 3,9J0
Bothnia,
i).70O
Royal Charter, 4,400
per ships Adolphns, 4.4^10
J.
W. Marr, 4,180. ...per barks Ocean. 2,451... Impcratore, 2.035

Vikingen, 1,8!»8
Cork, per ships Paul Boynton, 3,790.... Atlas, 1,8'20.. .per bark
Cap. Christiansen, 1.913
Tollavrc, per bark llirund'-, 1,881
To Bremen, per steamer Frankfurt, 3,239... .per bark Astronnm,

3(>,994

To

2,563

To Antwerp,

7,S2S
l,88!l

6,8St

J,C71
per bark Otteren, 1,671
717
n o Malaga, per bark Botrid, 717
per brig Joven
To (ienoa, or Barcelona, per bark Nomad, 1,40?*
t,9»
Antonio, 570
1,638
To Naples, per schooner .lohn F. Kranz, 1,638
1,625
MOBILI— To Cork or Falmouth, per bark A. O. Adams, 1.6iS
To Bremen, per ship Liizis C. Troop, 4,468.... per bark Aplurodlte,
•,158
.
t,«iq
..,..„.;.

:

:

,

:

.

THE CHRONICLE

1K4
Ohablbston— To Havre, per bsrk John Black. 1,760 Upland
To Bremen, per brig Nellio Crotby, 1,800 Upland
To Rotterdam, per barks Stor Johann, 1,150 Upland

The following statement shows the sales and imports of
week and year, and also the stock on hand on

Upland
Putchet, 760 Upland
per barks Mary Lawton, 2,4M Upland.
Ophir, 1,481 Upland.... Mand Helen. 2,010 Upland
To Bremen, per bark Mecnr, 4,050 Upland
To Amsterdam, per ship Lydia, 4,575 Upland
To Barcelona, per bark Rafael Pomar. 1,080 Upland
To Santander, per schooner James Slater, 600 Upland
Texas— To Liverpool, per barks Sylphiden, 1,2.30. ..Diana, 1,147..
..per schooner

Uli, 931

John

[February 12, 1816

cotton tor the

Saron, 100

To Barcelona, per bark
SiTANNAH— To Liveroool,

Thursday evening
.

last

:

BALES, ETC., Or ALL DBBCBrPTIOHS
Sales this week.
Bx- Speculaport
tlon. Total.
ALieiican. .bales 60,2:M
820
3,040
38.940
Brazilian
4,720
4,690
.

..

Proctor, 1,500

Sgyptian

Smyrna & Greek
West Indian....
Eastlndian

5,70J

80

,^
'^

„„

7,800

4,370

I
I

. . . . .

Total

340

^
5,360

69,180

Bre-Amster- Rot- Antpool. C«rk. Havre, men. dam. terdam. werp.Qenoa. Total.
""""

Liver-

6
1,889

7,52.3

Mobile

100
6,85J
6,753
1,600
2,050
1,678

1,6V5

Charleston

1,760

....

Savannah
Texas

6,913

Norfolk
Baltimore
Boston

3,684

4,8U

1,210

339
36
258

Philadelphia

Total

9,780
47,266
8,383
6,360
14.218

....

1,972

1,671

1,250

9.3,188

Brazilian

6,775
21,473
,35

Eaet Indian
Total

121,471

all

ressels carrying cotton

3,654 19,529

1,250

4,.576

news received to date of
from United States ports

98,453

1,97«

1,671

diaaatera, tic., to
:

New York, str., (Br.,) at Liverpool, Feb. 2, from New York, experienced heavy gales on Jan. 28 and 29, and had three boats and saloon
skylight smashea and fore scuttle washed overboard.
Kbnilwobth, str., (Br.,) from Philadelphia for Liverpool, was passed ashore
on the Miah Maull shoal, Feb. 2, at 2:30 P. M., by steamer Vindicator, at
New York on the 3d a heavy gale was blowing at the time, but she did
not make any signal for assistance. The Kennworth went to sea from
the Capes at 9:30 A. M. of the 3d.
Palebtinb, str., (Br.,) Owen, from Boston at Liverpool Feb, 4, experienced in
Ion. 30, a hurricane, in which she lost mainmast and foretopmast, had
decks swept, third and fourth officers disabled and several of the crew

CiXT OP

;

injured.
str., from GalvestoH, at New York, Feb. 1, reports, Jan. 29,
the machinery become partly disabled by the leaking
of the boilers; the remainder of the passag:e was made under canvas
until Jan. 31, lat. 37.57, Ion. 74.28, when she was taken in tow by steamer
City of Austin, from Fernandina and towed to port.
Statesman, str., (Br.,) Valiant, from New York, Jan. 21, which arrived at
Liverpool Feb. 7, had a large hole in her port bow, having been in
collision with steamer Mexican.
Besides the collision, the Statesman
struck the north head of the Woodside landing stage, and in docking
struck the Morpeth dock wall. The owners stale that the damages are
not very serious, the iron deck having saved her. The vessel made no
water, :ind the cargo was apparently not damaged.
JUTEKTA, ship, (Br.,) France, from Mobile for Liverpool, which put into Key
West Jan. 10. leaking badly, had effected the necessary repairs, and was
reloading her cargo of cotton Feb. 7.
Success, ship, from New Orleans for Havre, before rep»rted as aground on the
bar. South West Pass, was run into Jan. 31, by steamship Wimbleton
(Br.), from Penarth Roads for New Orleans, and so badly damaged as to
cause her return to New Orleans, for repairs.
Thhrese, ship, Shaw, from Mobile for Bremen, put into Falmouth, Feb. 7,

State of Texas,

lat. 34.33, Ion. 76.15,

for repairs.

D. H. Bills, bark, from New Orleans (or Havre, before reported as having put
into Key West, leaky, had nearly completed relsading, Feb. 2.
Rhone, brig, (Br.), from New Orleans for Bicmen, which put into Nieuwe

Diep, leaky, commenced repairing Jan. 21. The damaged portion of
her cotton, consisting of 168 bales, was to be sold at auction, Jan. 31.
H. Bakbh, schosner, at New York, Feb. 8, from New Orleans reports
Feb. 2, lat. 36, Ion. 73, had a heavy gale from
S W, lost and split sails

and sprung main boom.
Cotton freights the past

q i«n
^'™

6,960

18,390

34?,210 60,470

87,740

88,6;10

160,730

Stocks.

,

,

To

^llinin
P'"'"

10,910

3,890
33,040

,

Same

this

Dec. 31,

date

This

1876.
184,491
19,784
48,418
107
3,715
10,250

1875.
242,542
40,478
39,251
101

341.690
68.900
109,3t0

18,8%

10,360
151,320

1875.
1875.
375,260 286,720
64,030
a3.730
86,000
89,260
1,010 1
„ Q,n
'^'"'^"
18,520)
182,750 171,070

260,765

316,274

682,810

750,530

date

day.

1,230

5,(.0«

date

616,770

BRE ADSTUFPS.

3,684
1,880

New

Below we give

Smyrna and Greek
West Indian

35
258

50,559 10,358

61,600

1876.
45,670
12.970
7,5l0

7,6'.)9

1,491

Inclnded in the above totals are, from
Orleans, 717 bags to Malaga and
1,688 to Naples ; from Charleston, 750 bales to Barcelona ; from Savannah,
1,080 kales to Barcelona and 600 to Santander.

KuTH

American
Egyptian

are as follows
9,635
25,994

4,060

To this
This
week.

Sew York
New Orleans

12,520

Imports.

,

,

particulars of these shipments, arranged in oar usual form.

30

810

)

1875.
1876.
116,470 41,440
42. -.40 5,100
24,840 6,9t)0

13,240
11,050

680

Average

period weekly aalep.

this
year.
89,510

4,630
10

J

Same

Total

,

Trade,

To Cork, for orders, per bark Elinor, 1,210
To Bremen, per bark St. Olavei", 1,078
NoBTOLK— To Liverpool, per bark Stonewall Jackson, 3,(^
Baltimore — To Liverpool, per steamer Moravian, 2«4 and 55 bags
To Bremen, per ship Maryland, 117
per bark Preciosa, 1,374
Boston— To Liverpool, per steamer Siberia, 35
Philadelphia—To Liverpool per steamer IlllBois,2:8

The

.

W

week have been

as

FRIDAY,

P. M.,

February

11, 1876.

There has been a hardening market for flour throughout the
past week, but it has been more in sympathy with the upward
tendency of wheat than from any activity in the demand. Shippers took a few thousand barrels early in the week, mainly at
$4 40 for superfine, $5 10(35 25 for common extras, and $5 75(g
$6 for good do., but latterly there has been little inquiry from
any quarter; lience no important advance in prices can be quoted.
Production is still limited at all points, and in the past few weeks
a material reduction of stocks on hand has been effected. A
notable feature of the week's business has been free buying of
extras from Winter Wheat, which were at the opening of the
season classed as unsound and sent to store, in preference to
selling at the low prices then bid.
They have now been taken at
$5(a6 per bbl. Today there was a better export demand, with

common

sales of 4,000 bbla.

extras at $5

The wheat market has been more
and prices

o!

2035

25.

active for export and milling,

spring growths have advanced 3(a5c.

per bushel,

the greater improvement having taken place in the poorer quali-

which have for a considerable period been pressed on the
market, at disproportionately low prices. Foreign advices have
been more favorable, leceipts have been small at all points, and
there has been a brisk revival of speculation at the West, which
ties,

at the close

has extended to this market.

included rejected spring at $1

and Milwaukee,

at |1

05@$1

l(a$l 15 in store

1

The

07, No.

and

sales yesterday

Chicago

3 spring,

No. 2 Mil-

afloat,

waukee

at $1 26 in store (against $1 19 the lowest price of last
week), and No. 1 spring $1 36 afloat. Winter wbeats have been

quiet,

and show

little

if

any advance.

Today, the maiket was

firm, but quiet.

Indian corn has been active, and closes at some advance for
selling yesterday at 59ic. lor damp new mixed,

new mixed,

loUows

good do., and 62i(a65c. for new yellow, Jersey and
But the feature of the market has been the speculac.
c.
tion in good new mixed for February and March delivery at
BatDnUy...
..@5-16
1 comp,
11-16 1 eomp.
..@H ..
Monday....
@5-16
1 comp.
11-16 1 comp. ..
64J@65c., closing yesterday at 64ic. for February, and 64|c. for
Tuesday...
..05-16
1 comp.
11-16 1 comp. ,.
..
..@?i
Wednesday ..(^5-16
1 comp,
11-16 1 comp.
March, though the latter month had previously brought the most
@%
..
Thursday.
.@5-16
1 comp,
11-16 1 comp.
..©?<
..
..@X
,.
riday
Friday
comp.
0)
..
1
.(a5-16
1W6 1 comp. .. money. The offerings have been on a moderate sca'e from the
Market nominal
West, but supplies of near-by growth have increased. To-day
EoBOPKAN Cotton Markbts. In reference to these markets there was no particular change, except less activity.
our correspondent in Ijondon, writing under the date of Jan
Rye has been dull, drooping and unsettled. Canada peas have
31, 1876, states:
lilVEBPOOL, Jan. 19. The following are the prices of Ameri- been quiet and nominal. Barley has been active, but at irregular
prices, and the close is unsettled.
can cotton compared with those of last year:
Oats have been very firmly
,-Same date 1876.^ held, but sales have been quite slow, and the views of speculative
Ord.&Mid-^^Fr.cfcG.Fr.-> ^Q.&Fine-, Mid. Fair. GoodSea Island. 16
18
19
20
2i
holders have not been met. To-day prices were rather better.
18
21
26
-Liverpool.

Steam.
lam.

,

Sail,
d.

d.

—

—

Bremen.

Havre.
Steam. Sail,
.

c.

Steam.

c.

c.

-Hamburg.—.
Steam.

Sail.
c.

64i(964ic. for

Southern.

.

@%

.

Sai

.

&%

—

—

Florida do. 15)^
Ord.

Upland
UobUe.
Texas

...

N. Orleans.

16V

18

19

Mid.

G.M.

6Y

6H
6X
6K

6«
6%

OH

6 15-16

Q.O.

6^
5K

6
6

6X
6%

Hi
6«

21

m
7>i

17

18

Mid.F, Mid.

20

G.M. M.F.

>%

7 16-16 8}i
7 13-16 S
8}f
8

SH

commencement of the year the transactions on
and for export have been

Since the
spttcolatlon

:

•Taken on spec, to this date->

American
India, Ac.
1. India, &c.

Ttm.

Actual exp. from
Actual
Liv., Hull & other exp'tfrom
ontports to date—,

are closing quotations

ITloub.

No.2
Buper&ne State

&

ern
Kxtra State, &c
Western Spring
extras

Uraik.

Wbbl.JS 40a

4 15

353
10©

4 75
6 30

Wesl-

4

5

Wheat

doXZandZXX
XX

do winter wheat X and

5 OO® 6 35
5 60(3 6 75

25®

8 75
5 40i3 6 10
5

Wheat—No.3 sprlng.bnsh.tl 10®

1

22@

1

No.Sspring
No. 1 spring
Red Western
Amber do
White
Corn-Western mixed...
Yellow Western

1875.

1874.

1876.

1875.

City shipping extras..

bales.

bales.

bales.

bales.

bales.

5,310

32,300

7,010

4,959

5,268

240

168
417
9,167

360
112
476

3,100

2,120
720
16,190

150
180
110
3,060

407

430
230

trade and family
Oats— Mixed
brands
6 253 8 00
White
Southern bakers' and faBarley— Canada West...
mily brands
7 003 8 75
State, 2-rowed
Southern shipp'g extras.
5 603 6 76
State, 4rowed

11,236

9,060

"80,670

10,600

16,128

17,48»

..

1

1
1
1

Rye

City

Rye

4

flour, saperflne

Commeal— Western,
706,210

&c.

Oonimeal— Br'wlse. Ac.

2
3

663
8&3
SO®

4 90
3 25

3 60

BarleyMalt—State

.

...

Canadian
Feas-Canada.bond&free

16
28

1343 140

Southern new

1876,

Brazilian
Bf.'yptian. Ac.

W.

The following

^X

1

lo®
33®
40®
693
64®
60®
853
46®
49®
10®
82®

®

]

1
1

1

30
47
65
'1
78
65
90
50
53
SO
92

....

1063 130
1
1

30®
033

1
1

45
25

I

:

>

In breadatuffskt this

hu been as foli

market

lows

^—BlOSIPTaAT

M>W TOBS.

1878.

,

For the

BZPOBTS FBOll HBW TORK.——

^

*876.

2

.

For the
Since
Since
jHn. 1. Jan. 1. '75. week.

week.

,

1815.

,

For the
week.

Since
Jan.],

.

Since
Jan. 1.

Floor, hble.
C. moal, •'

B5,6fll

a.im

2(i,7K8

25,8.'J6

34,051
1,«17

S4i,«91

.

lfi,.V)6

i,Hl.<)

".7.00*

Wheat, has.

97,H()5

I,34(i,<l01

51.';,(i69

a81,ai(i

!,8t.),4.37

S0f,6Jl

171,360
6,460

1,702,418

2,90\907
5 718

173,611

1,787,955
15,887

!iii,«0*

1,481,150
1,735,054

70,M7

705 417
613,910

35.597

1,185

12,505

Com,

"

.

Rye,

"

.

Barler. "
Oate ..."

.

.

490,482

358,017

l'.l,744

101,631

183,096

....
....

7i9,0(j9

1.841

812,848

iJ,illH

9(1

The fnllowinf; tables ahow the Grain in sit^ht aud the moremeot of UreadatuSe to the latest mail daten:
aSCKIPTS AT LAKE AND RIVBK POIITB KOK THR WBBK BNDINO
FEB 5, 1876, AND I'KO.M AUGUST 1, 1«75, TO KEB. 5, 1876:
Wheat,

Flour,

bush.

bbls.
(196 lbs.)
54,644
29,647

At—
Chicago

Mllwaukoo

(60 lbs.)
196,044

4,8S9
*2,380

211,770
41,268
58,960
12,225

13226

4.3,865

1,285

7,820

76,231
81,967
62,620
111,774
91,556
53,188
87,314

599,9.37

Toledo

1.30

Detroit

CloToland
8t. Louis
Peoria
Dulcth

:

THE (mRONICLE.

February 12, 187d.J
The movement

—

.

Com,

Barley,
bush.

Oata,
bnsh.

bash.

(32 lbs

(58 lbs.)
482,611
7,490
79,416
10,865
4,299
292,620
94,800

)

112,.');i5

25,800
8,878
10,980

Kye.
bneh.

(48 lbs.) (58 lbs.)
104,795
7.389
36,.3;i0
4,491

24,547
3,600

12S

89,6.32

1,171

26,700

10,320

231,804
208,203
88,587
169,J02
192,073

S3 500

5,8.^0

65,578
50,400

165

domeitic goods, while the demand for Imported fabrica from first
hands has been lessened by Inrite public silea of allka, dreaa
goods, linens, &c. Large quantities of woolen gonde, tailors'
trimmings and clothing were destroyed by a fire in Broadway,
and the loss of woolens and clothing will probably exceed one
million dollars. The flannel commission house of Dale, Brothers
& Co., Boston, with a branch in this city, has suspended payment*

and gone into liquidation. One of the most interesting features
of the week was a peremptory auction sale of 2,000 pieoea
worsted suitings, being the production to date of Thomaa Dolan
&t'o Philadelphia. The sale was made by Towuaend, Monlant
& Co., and brought together an unusually large ctjmpany of
buyers, but the prices realized were very lew and unremuneratlve
,

the producers. The stoc*! of linen goods, white goods, Ac,
imported by George Hughes & Co., whose suspension occnrred a
few weeks ago, will be sold at auction next week by Field,
to

Morris, Fenner

&

Co.

Domestic Cotton Goods.— There has been a decidedly alug.
gieh movement in nearly all descriptions of cotton goods from
agenth' hands, but prices have been well sustained, except on a

Total
Previous week

27S,82I
239,987

971.423
912,838
678,343
589,121

few makes of bleached shirtings, which have been marked down
in order to meet the market.
Brown sheetings and drllla have
"
been in steady but limited request at unchanged prices. Colored
92l,.'507
31,8.50
432,587
"
a5,7!'l
174,3.">1
715,731
28,785
18r,752
"
cottons have been very quiet, and some makes of dyed ducks
46,030
15.264
453,313 ),a5r),626
179,044
Total Aug.
todate .2.B;18,427 41,750,211 24,503,520 15,604,328 5,436,016 l,3S0,r,IM have changed hands at a concession from former holding rates.
Same time 1874-5.. .2,993,:«8 39,176.68.i 23.933,349 18.317,166 4.869,617 S.W.eDO
Same lime 1873-4. .3,883.978 62,l;4.600 30,461,068 14,458,0lil 5,690,184 I,a5«,6ft4 Corset jeans and satteens have been in steady demand and firm_
Same time 187J-3. .2,o97,6J8 32,5kO,152 32.078,.678 13,526,511 6,984,358 1,205,378
Grain bags, warps and yarns were in light demand, and rolled
• Estimated.
jaccouels, glazed cambrics and silesias ruled quiet. Cottonades
Ship.ments of Flour and Grain from the ports of Chicago, continued to drag; aside from a few leading makes, such as New
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria aad
York Mills, Whittenion, York and Everett, Farmers' and MeDaluth for the week ended Feb. 5, and from Jan. 1 to Feb. 5,
chanics', etc., which were in moderate request. Print cloths have
Inclusive, for four years
<3orresii'ngweek,'76.

"

'74.
'73.
"(2,
'71.

654,506
662,066
1,319,216
560.224

2.35,671

28i,514

19,9)0
16,363
4 ,378

1

..

.

:

Wh

Flour,

Week—
Ffb.

5.

C.ir.

week

1876
Jan. 29, 1876
Cor. week 75
'74
'73
'72

Cor. wi'ek
Cor. week
for. week '71
Jan. 1 to Feb. 5, 1676.
Same time 1875
8"mp IJiiie 1874

R8,4-*3

307,376
229,287

1.3,2-30

2,14,039

96,933
89 384

441.',W

3."),809

3.1,486

49,9.35

.57,9i4
1,382,41.7

637,787
43.5,715

6S8,153
444,988

Sametimel813

at.

bush.

bbl".
77.734

140,8',)7

1,181,721
4,476.991
70.1,793

Corn,
bush.

Oats,
bush.

543,356
513,203
!)420M)
119,a39
197,gi8
307.187
598,706
3,446,710

132,191
129,4D7
161,723

Barley,
bush.
47,29".

88,120
52,397
8V58;j
48,802
46,074
12,115

113,,')90

169,143
'il,0J8

744,hS6
875,712
l,0i6,J44
977,060

1,327,757
1,159,012

14.2,57
.6,773
8,9;M)

32l),3.-)2

6,242
10,660

293,132

8';.9«i

485,1,')1

18,518
35,206

.5'!,0lt0

2,:5l5,';37

Eye,
hush.
11,3(5
9,116
9,286

361,718

AND ORAIN AT SBABOARO PORTS FOR TUB
WEEK ENDED FEB, 5, 1876.

RBCRIPT8 OF FLOUR

At—
NewTcrk
BosUm
Portland*
Montroalt
Philadelphia
Baltimore

Flour,

Wheat,

bbls.
6-,80J
81,I9j

bush.

6,6.-.n
.5,0(>1

15,620
1.1,881

NewOrlcane

•

Estimated.

Oats,
bush.

Bancy,
hush,

Rye,
bush

98 073

1!)S,621

72,491

68.O1JO

5,917

4,800
8.000
4,400
41.0)0
38.800

95,601
5,600
700
328,210

,16,400

4,786

1,200

611,91)0

21,470
19,628

....

700

177,289
179,141
193,741
1,228,396
1,458,664

106,086
239,756
53,722
792,810
203,477
767,887
466,688

7,817

16,389

....

Total
133.534
Previous week
158,370
Cor. week '76
14.5,in3
Total.lau. 1 todate.l.ror.Oli
Same time 1875
881.817
Same time 1874
1,3.30.614
SametimolB73
860,548

Corn,
bush.

198,073

1,38.1,109
99.5,403

242,0.50
1.6'I9,312

1,546,911
7,246,007

1.262

6,3.56,912
8.696,1.39

6.096,568
1,054,025

4,800
38,500

...

2.3,800

189,688

252,6li2

1,.'.3

1,5U0

2,126,047

1,92.5,786

1,761,025

3.1,39
3,9r,0
.39,0.33

22,658
114,743
11,895

t 11,100 bush, peas at Montreal.

The Visible Supply of Grain, compriBing

the stock in
granary at n.n principal points of accumulation at lake and
seaboard ports, in transit by rail, and frozen in on the New York
canals and on the lakes, Feb. 5, 1876
;

Wheat,
In
In
In
In
In

bush.

New

store at
York
(.tore at Albany
store at BnlTalo
store at Chicago
store at Milwaukee

6,369.611
8,000
l.:161.869

2,841,971
3,85.3,392

Instore at Duluth

ToUl

Jan. 29, 1878
Feb. 6 1875
,

Barley,

Rye,
bush.

bush.
465,265
296,000

36,767
31,270

1,197

65,01)0

4,500
28.335
75,660

120,000

243,530
61.135
25.000
82,583
77,844
214,819
4,680
15,950
50 i,0Ofl
55,000
132,198
200,000

14,000
28,967
1,318,818
23,073

13.5,7!)3

3'I8,132

496,56:1

288.915

153,032

1(8,049
250,000
428,789
9,586
986
548.696
217,267
390,000

15,102
60,000
541,578
48,847
113,225
1.100
26,616
385,000
840,860

1:9,136
6,913

89,867
29,000
23,091
140,810
16,831

57.5.53

352
1,218

4,000
2,600
11,325

413,479
285.225
182,037

807,376
666,614
200,000

51.3,356
....

....

160,425
8.541
25,000
4,000
47.295
60,000
140.000

17,119,181
16,991.979
12,118,577

4,716,143
4.250.692
6,028,816

8,038,803
3,090,087
2,524,111

2,198.112
2,098,015
1,754,993

Instoreat Bnltlmore
Rail shipments week

,

Oats,

bush.
922,536
97,000
86,011
466.129
104,318

666,.311

78.652

In store »t Toledo
In store at Detroit
iB store at Oswego*
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal,
In store at Philadelphia*

Onlikes and canals
Afloat at New York*

Corn,
bush.

11,8.30

'..

—

—

Cotton Sail
Woodberry and Druid No. 8
Mills and Kleetwiog.
No. 9
No.0
40
No.lO
No.l
88
Light duck
38
N0.2

No. 7.

Fbidat, P. M., Feb.

movement has been emphatically slow

houses, importers and jobbers alike,
and some disappointment is expressed at the backwardness of
busine.-a.
A break in prints has served to unsettle the market,
in

values

of

other

Ontario and Woodberry
Standard
In.
do
8 oz. 20

25
24
22

KX

USA

eo
do
do
do

17
20
19
28

oz.
oz.
oz.
oz.

22
24
29
St

Ontario TwlB,29in.

21

do

9
10
12
15

381n.

Ex twlB"Poltaem*s''

23
It

Cotton Yarns.
Kmpresj

Sargeant

8 to 12...

Pftndleton

do

I

.

I

of year with commission

aud has somewhat weakened confidence

do hpavy (9oz.)...
Mont. Ravens 29in.
do
40in.

11, 1876.

for the time

DucR.

Bi.ar(8oz.)S91n..

34
32
SO
28
26

No,4
N0.5
N0.8

THE DRY GOODS TRADE.
trade

prints ware marked down to 7c., and
Merrimack, Cocheco, Hamilton, Anchor and Knickerbocker shirtings were reduced to 6Jc. Garner's fancy prima were opened at
Ginghams were in fair desand.as
6ic., and shirtings at G^c.
were fancy cotton dress goods, and cotton hosiery was distributed
in liberal amounts.
Domestic Woolen Goods. The market (or men's wear
woolens was comparatively quiet, despite the large number of
buyers present from all the leading interior cities. Cassiijieres
moved blowly and in small lots, aud the sale of worsted coatings
was interrupted by an auction sale referred to above, which had
the effect of depressing values. Cloths aud doeskius remained
sluggish, but satinets were a trifle more active. Kentucky jeans
were in moderate request, but, as a rule, selections were made in
small parcels of the most popular makes. Low grade fancy overcoatings were ordered by the clothing trade to a fair aggregate
amount for future delivery. Worsted dress goois showed some
improvement, and fancy worsted shawls were placed in fair
parcels with country jobbers.
Foreign Dry Goods. The demand for imported fabrics from
first hands has continued strictly moderate, and activity has been
lacking in all departments of the trade. The auction rooms have
Leeu remarkably well patronized by city aud out-of-town buyers,
and several important lines of goods have been distributed
through their medium, although, in many cases, at very low
prices. Messrs. C. A. AufFmordt & Co. sold a line of about 1,500
pieces black, colored and fancy silks through Townsend, Montant
& Co., at fair prices, and large offerings were made of housekeeping linens and Hamburg embroideries with indifierent results.
Woolen goods for men's wear have been very much depressed,
and even thus early in the season some lines of worsted coatings,
&c., hive appeared at auction.
We annex prices ol a few articles ot domestic manufacture

ental and Hartel's fancy

No. 3

• Estimated.

The

—

been quiet but steady, at 44—30 days for extra 64s. Prints
moved slowly, and some agents, having become restive under
their accumulations, have reduced their goods ic. per yard, bu
without materially incrsaaing their di.^tribution. DUnnell's, Ori-

Fontenoy

M

)IXL «tol2

6 to 12..

do

I

XXX

M

do

Cotton Batts.
Dlrigo

H.rf
Irving

Granger

18
I

9
16
SS

I

I

I

Hanover
Logan
Jackson
Honest Injun..

10
18
20

Rock Island
I
I

I

Russian
Standard

12XlWyeming

..

IS

19

II

IS

—

— ——

I

.

Q

.

:

THE CHRONICLR

16«

Importations oC Dry Goods.
The importations of dry Koods at tliis port lor the week ending
Fob. 10, 187G, and the correspondini; weeks of 18"5 and 1874
have been as follows

:

HTSRXD rOE OOSSDHrTIOK »0R THB W»SK SHDIHO
-1874

Pke«.
Hanofactnresof wool... 1503

do
do
do

FEBIinART 10, 18'.6:
-1875
1S76
Pke« Value
Valne.

.

.

,

Valne.

.

$778,4fifi

1.405

$ri97,490

8.115

$749,954
685,955

781

f.67.5.'!0

602, BS
4:i9,SS4

bM

403,55:1

1,816
47 <

394,7v!4

silk
flax

.3il0,9ta

914

]8;,0BS

1,818

133.9«

1,815

ilBCcllanoons dry goodB.5,710
Total

1,208
6,055

26S,'.l(i

11,998

{8,741,110

Exports or IjeaaiUK Articles (roni Netv York.
The following table, compiled from Custom House returns
shows the exports of leading articles from the port of New
York since Jan. 1, 1876. to all the principal foreign countries,
and also the totals for the last week, and since Jan. 1. The
last two lines show <o<at oaiu«», including the value of all other
articles besides those mentioned in the table.

802,478

S'f

3-8,lH

5,260 $1,601,343

10,43.3 18,878,900

wiTttDBAwn rnoK wabebousk and thuowh ihto TBI iiAUKXT Duamo Tni
SAUE rKRion:
Manafactnres of wool
978
508
*S34,345
1479,264
850
1356,875
do
cotton.. 1,080
1.^9,898
MO
801,674
898
270,005
silk
119.a!i3
l.w,3:8
do
337
114
138
811,884
do
flaz
1,039
907
0«
! 44, 803
848.183
188,593
Ul8C«llancoae dry goods. 1,889

Total

Addcnt'dforconsumpt'n

54,014

1,150

25,29J

1,1^50

49,400

4,683 |1,S88,021
11,998 8 741,116

S,913
10,42)

1959,518

.3,4!1

1743,729

2,878,900

5,8«0

1,501,343

Total thrown nponm'k'l. 16.681 $4,031,137

840,574
166,833
281,147
47,874

silk
195
flax.... 1,141
MlBCellaneons dry goodf. 2,797

Total

e,O.Sn

Add ent'd for consompl

1)11.998

SA]IB PERIOD:
719
$121,269

279
335
93
470

$4.19,769

do
do

103,049
104,876
107,071
64,617

7,971

$1,814,997
2,744,116

Total entered ai the port 18,038 J3,9.69,113

9,150

$490,888

10,4W

2,S72,9uO

T*

—

§53

:|

:
;

6S3
804
56!
587

$871,617
203,251
278,915
140,308
29 939

8,685
5,360

1,601,313

:

ihU

at

o« LT

rc

-43 6-«

Iff

*
m ••
«
M

'^:o

•^'y
tj-

p

-T-a

soObJOtraw-^^^

01 CO CO

;siH

i? :5 ;i

:?

i

H"i"l

$9M,924

-

R

Imports or Ijeadlnz Article*.
The following table, compiled from Custom House
ehowB the foreign imports o( leading articles
1, 1870, and for the same period in 1875

rfs

* et te

-H
tt~«
» t- L:
o (O tc

IT*

7,915 $8,486,867

19,573 $3,773,788

Jan.

-SS

:

»ra

8,981 $3,844,078

14,-336 13,9.38,418

aHTBRSD rOR WARSnoUSINe DDRINS
llannfactnree Of wool... 1,031
cotton.. 846
do

I87t3.

Pices.

cotton.. 8,8 18
763

IFebraaiy 13,

'-Sio

'i-5i

'*

•

returns,
port since

:

[The quantity

is

given in packages when not otherwise specified.]
Since

Same

Since

Same

Jan.l,'"6.

time 1875

Jan.1,'76.

time 1876
It

China, Glass and

Metals,

China
Earthenware.

.

Glassware
Glass plate
Buttons
Coal, tons
Cocoa, hags..
CofTee,

3,638
2,048
38,79'

Qlass

bags

Cotton, bales. ...
Drngs, &c—
Bark, Pernviac.
Blea. powders...
Cochineal

3,698
765
586
3.S98
9i1
288,436
140

583
1,75)

4,173
8,647

53

10

5,8.37

1,83.1

418
968

472

Indigo

Madder

Guam

Tartar...

Gambler

Onm, Arabic...
Oils, essential..
Oil, Olive

Opium
Soda, bi-carb...
Soda, sal
Soda ash
Flax
Furs.
.

Gnnny
Hemp,

bales

Hides,

Ivory..

Jewelry,

164,577
5,463
128

Tobacco

Waste

8,048
8.951
9,387

4,415
271
5,877
6.553
7,164

2,ti00

Corks
Fancy goods

8-3,437

2,858
4,913

Fish

83,188

Fruits,

.

ta9,309
8,210

Ac-

Lemons

847
350

Oranges
Nuts

'387

414
19,877
74
721
5,785

43,505
135,-363

107,216
870,861

Raisins
Hides, undressed
Rice
Spices,

942, !43
35,87'

Ac—

Cassia

Ginger
Pepper
Saltpetre

...

Watches
Linseed
KolasBes

374
61
130,8J2
871

898

S

7,723
86,946
9,854
1,204,839
8,636

Cork
Fustic

Logwood
Mahogany

1,861

time in 1875, have been as follows

pkgs.

278

:!g

89,S01

54,409
4,688
115,408
6,3a3

40,680
4,903
87,688
16,898

.

Oats

Rye
Barley and maltUrass secd-baes.

Beans
Peas

bbls
bu>h.

696

795

pkgs.

358,,017
613, 669
2,905, 907
789, 009
5,,7;m
183,,096
23,,764
8,,500
18,,729
85..855
101,,737

73,052
306

26,950
875

bags,

13,-628

C. meal.... bbls.

Cotton

bales.
bales.

Hemp

No.

Hides

Hops

bales.

Leather. .. sides.
Molasses.... hhds.
Molasses.. bbls
.

13,434
3 8.3-36
90,786

140,413
220
439,110
16,438
567,335

29[8S6

Rosin
Tar

875.,806
3,,48)
,931

n,2o:

Pitch
Oilcake...

200
4,760
32,453
1,038

.ao

:"

-t-S?

'

""§

'S

one*

.

:S"

:

:S

:

iii
gs

i;

iro

OH
rs

:S

:

:§

:

:

t^^i
2
'^

9
a.

*

•

S

:

•

:sl=

-.58

oi

;

A

BM

ss

:*

:

is

-co
IJo

•

:8

1

•^JSgS^

w

e*5^

5g

-s^

.

.

Oil, lard..

Peanuts

ProvisionB
Butter ... .pkgs.

Cho-'C...
Oil

......

!l--ilt8

»!.'«»

Pork
Beef
Lard
Lard
Rice

kegs.
pkgs-

Starch
dtearine...

Sugar
Sugar
Tallow...

Tobacco

Naval Stores—
bbls.
Cr. turp
Spirits tarpon...

15

-.go

lis

:

time 1875

613,910
19.744
705,4 !
28.393

5

;Sg :§

:

••?•

for the

Jan.1,'76.

450,482

Corn

and

time 1875

1.340. -101
1,702,43')

:

:

.01

9.533
90,093
9,430

Jan.1,'76.

bbls-

IS

'ii

6,410
131,671
58,987
:fO,708
1,335,327
17,081

Same

bush-

::

$188,063
7,194
77,709
37,569

Since

Flour

:

8,249
3,264
7,118

Same

Wheat

:3

'O

.y-t^tO

4,377

Since

Breadstuffs

si

10,755
843,695
146,579

8,97«
15,569
184,940
16.515

receipts of domestic produce since Jan. 1, 1870,

Ashes

"

V

Woods

87,580

tnS

qj

9.3.822

Receipts or Domestic Produce.

The

«v-r

cii-*

i

52

845 Cigars

1,381

470

•—*

Articiee reported by

446
953

5,726

ISS*"*^

409
37S

CO

Champagne, bks.
Wines
value—

81

•o»«n'^

•

Wines, Ac

U9

107

..'..

2.3,085
3-il,702

Tea

48

Ac-

Jewelry

Sugar, hhds, tcs. &
bbls
Sugar, bxs & bags.

191

28,788

Bristles

Tin slabs, lbs...
Rags

6,3.7
83,664
1,784,055
14,618

Wool, bales

&c—

Hides, dressed.
India rubber

Tin, boxes

818
97

cloth

Hair

443

3,093

Spelter, lbs
Steel

675

3,680
8,846
601

91

Lead, pigs

1,0 lu

1,176
1,368
121,466
407

458

Hardwaic
Iron, RR. bars...

30,104
3,:e«

« -HOD I-

\sM.

Ac-

Cutlery

BartlicnvHire—

.sa;

:

HO

.

..bbls,
..hhds.
..pkgs.

.

Tobacco... .'.hMe.

Whiskey
Wool

..bbls.
.bales.
Dressed Hoirs. .No.
.

-

114,451
64,193
78,605
47,328
33,935
14,432
67,744
8,646
6,933
27,011
2,503
37
6,560
5,319
16.455
6,177
16,141
8,130
2.3,21

5,»11

103,166
21,C14
80,744
18,816
84,971
7,246
77,679
1,480
2,154
:8,oio
3,112
9,814
5.643
2,580
15,788
2.535
85,151
4,157
87,988

as*

c«

d -A
g-ao
qa

-Ml
"'

*

£»OT§5
.00—'«30-'

OtpOtj-

C jO
-ooo

»-«»- Tf

•-00

33-3 SI'S 'S'S MO

M«M^5S2

I

n « K

h
:i
;l
•

i;

i

i

i^

:•:£:
•

.

-a

.
i

i

=

;

•

I

J,

A aS

''

OS

.

8^
'^

u

">

"

-is
«

t)

y

B a

i

i
I

„

ST'ife'SH'sSsS
as:
«^
"

ff*ef>

V

»ft ifl

Ee
:b!

*
?
>>

—

February

UHK

1876.]

12,

9«

vn.

pot

BRBADSTUKFS-Seeapeclal report.
BOTTKR-(Whole««le Prlcet)—
Half flrkliia(l£Ml'u; co:n toael.ii n.

-Si

Wel»h tuhB,
lUirBrkliiKWeffn)

J!
1«

"

Welili tubB

CHKICSKNow Htate

factory, fnir to K'ood.li ft
••
WciIern,(fooa to prune

CUAL-

Aatliractto (by cargo)
Liverpool »(ar cannel
LlTarnooI lion»c cannal

Cutton 8ee'l,crnde
Olive, in casks » gall
Linseed, caska nn'l bbia
Menhaden, prime L, I. Bound
NcalBloot
Whale, bleached winter
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter

!H

A
a
®

S3
31

«

9>^^

11

do
do tair,
do
doKOOil,
40 prima, do
Java, mats and DaKS
NatlveCoylon

koIO.
gold.
KOld.
gold.

Coata Rica
Bolta

Sheathing,

ISU4

19

"

^
«

25
I93<

I7

i7H

»

19
Ij)*
19
19

•

is
17

IS

lb

IP

new (over 12

is

"
"
"

golil.

COPPKK-

"

os;

30

a,

&

&
a
9

Brar.lfiri'(OTer l«or,.)

"

22>i

Mackerel, No. 1, shore (new)
Mackerel, No. 1, Hay
Mackerel, No.J, ahorc (new)
Mackerel, No. 2, Bay......

a
a

18 (HI
I« OO

is oO

FLAX

North River, pr^mo

V »

15

FRDITBalalnBiSeeoioaa,

PrirM

/ftore
4 7S
pr. bbl 29 00

«eorgc'»andOran1 nank cod.pcwt

new

e
a

®
a

n

s
2-!

no

20

Oil

l^»yer,new
SuUanii,ncw

is

!lo

Valencla.ncw

to

lioose Muacatel,

new

»

Citron, Leghorn, new
PruneB,Tarklah
do
French, new
Oatea.ncw

'

*";

g

"

now

cianton Ginger
B rdlnee.li ht.hox

*

]\"
^ku

liVS
..„1
21

'

••
Sirdlnea,* qr BOX
Macaroni. Italian
Domestic Dried—
A>pieB,South. sliced, 1875 crop. JIB)
do
quarters
"
di
Slate, sliced
do
jlo quarters
lo
Western, quarters
Pnaches, pared Western
do Ga. goo I and prime
do
do nnpared, halves and nra,

[4

ii

9^3
ii

M

1"X«

"*

Ji

a

27

(a

;;;;

jj

Coarse
Barry

a
^

23

Blectrlc, Nos. I to S ^raln. In 1 lb sq. cana
Diamond grain. In lib cans
.,
Orange lightning. Nob. 1 to 7, in lib cana'.!!!!!
Bopernne eagle sporllnir. In la oval cans ....
Amerli-an Bt>ortlng, in lib oval cans
..

i
1

.

Orangeducklng, Nos. 1 to5. In lib cane
DnckShootlng, Xgs. lt)5,in6j<IbkegB
Eagle duck shootlns. Nos. 1 to 3. In «k lb k<'g8
Orange ducking. Nos. to 5. in 654 », kegs
1

3

3
3

.

Kagle luck shooting, N'oi. 1 to 3.
12H»> kegs,
Dock Shooting, Nos. 1 to 5 gr.,12Mtt5..
.. 7
Hazarl'sKentuckyriHe, in oval lib cans
lluponfs ritle Kg. F Fir, FFFg.llb cans..
Bupont's rifle, FFg.FFFg,6xlba
Hazard's Kenluckv rifle. FFFg, FFg, and Sea
Shoot ng Kg, 6k lb kegs

t

8

Amerloai. undreaaed
Itnssla, clean

185

M

a

YPH A N

»

ton.

2.<1

00

2100
16 00
29 SO

OLYPHANT

85

9133

Steel rails

63 OO

Cuba, contrlfngal and mixed, f
Cuba, clayed
..
Uab«, Mm., riflning grades..
dp
do grocery grades.
Barhadoes

"

om.

!

'
"

Demorara
Porto Rico
n. O.,

22
80
30

gal.
••

,

88
35
40
48

••

"
to choice

new

"

NAVAi, STORKS-

spirit!!

f)

bbl. 2

»
"

city

turpentine

*

"

67 to

a

ii
84
31
S3
40

low No. 2 to good No. J
low Pile to extra pale
wludowglais

.

"
"

"

12KJ

...'^l
2 00

a

85*49

gal.

Roatn. Btr«lned togoortstrd.* hTil.
low No. 1 to good No. I •
•

(-i

?•!

32
22
20
...

^8
PO

d.

x

..-

5^

<*

.,

a

'y.%

T

&

Co.,

Street,
MANUPACTUBER8 OF

OILS— SPERM, WUALB, ELEPHANT & LARD.
CANDLKS-SPERM, PATENT SPERM, PARAFFINE, ADAMANTINE, HOTEL AND
RAILROAD.
For Export and Jlome use.
PARAFFIN B OILS, WAX AND BEESWAX.

!!!

RICE!!!

...

....

....
....

(it

7Ha

Mayhew &

140 Front

19
*,

la

20

6

LB.

I'D

9

..

CLIMATES.

Dan Talmage's
109 Wall Street,

Sons,

New York.

Adger's Wbarr, Cbarleston.
10 ronti Street,

Co.,

New

S. C.

Orleans.

Giinpowder.
Si

GUNPOWDER

&.

Co., of Cbina,

New

Dupont's

York.

Sons, SPORTING, SHIPPING AND MIMNG

JUTE

ic

POWDER.

TARRED

DUPONT'S

Morris,

Tasker

Have maintained

1801

)

great reputation for 76 yean.

Co,, Celebrated EAGEE DUCKING,
Phlladelplila.
EAGLE RIFEE, and
Del.,

jiANUFAorrEitRa of

LAP-WELDED AMERICAN CHARCOAL

IRON BOILiER TUBES,

48
60

tlicir

Manufacture the

&

Pascal Iron Works,
Tasker Iron Works, Newcastle,

4.->

GUNPOWDER MILLS

(ESTABLISHED IN

WROUGHT IRON TUBES A FITTINGS
Water and
Steam and Gas Fitters' tiuppllet. Machinery
for Coal Gas Works, Cast Iron Water
and Gas Pipe,

DIAMOND GRAIN POWDER.
Tlie

most Popular Powder

SrORTl!«iG, MINING,

in Uso.

A.«),

SHiPPING AND BLAST

ING POWDEK,

of every description, for Gas, Steam,

Tar, Washington
Tar,W|, ,„^ton
Pitch

F.
fO
f5
44
32

a
a
»
«
a

asi

6
4

9)4

50

a

a
a
a
<4
a
a
a

5-18

AI.E

PROVISION DBALEIW AND MANUFACTUKEB
OF LARD OIL A D STEAKIMK.
NKW YORK.
E8TABLISHKD 1841.

ts

GANGS OF lUGGINO MADE TO ORDKU.
19S FRONT BTRBET NKW YORK.

Sheet, Russia, as to aaaort.. gold. fiib
lii
Sheet. Blnglc, double* treble, com.
4k
4)<(a
Balls, KngllBh gold, in bond. V ton. 35 00
S'S 00
do American
4.1
00
car.
48 UO

UOLASSRS—

...a

PURE LARD PACKED FOR

9 '"'«

FOR EXPORT AND DOIVESTIO USE

3? 5U

UK®
a
a

9),
9

CORDAGE,

26'1'y

..

82 50

OK
'K

SAIL

30 a

JEWELL,HARRISON
& COMPANY.

9J<

d.

m.

tt.

COFFEES AND TEAS.

manufactuheks of

Store PrtceH,
o
o
J
Bar,Swedes,
ordinary sizes. .V ton. 130 00 ai40 ro
«roli
77 50 ®l2-2 50

Hoop

a

a
®
a
a
26 a
26 a
19 a
IS A
....a
.« a
J7 a
27 a
n a

Henry Lawrence &

9
»

@

n.

1114 nrall St.,

a2i5 no
@140 00

a

rf.

Co.,
FRONT
STREET,
I&5
MPORTERS AND DEALERS

RXPRXSENTZD BT

MANIIiA, SISAL,
Pig, American. No. 1
Pig, American, 1.0.2
Pig, American, Forge
Pig, Bcotcb

lOV
l"*
I'X

Canton, China.

gold.aio 00 ,8225 00
• 26000 427500

'i"","

S),
Ifji

Hons Kong, Shanghai, Foochow

4-5
475

HAT-

614«

.

&

G. Arnold

COMillSSION MERCHANTS,

4 75

in 2}Ib kegs

Ilton. 190,10

L

62

2

<%

Commercial Cards.

45
2 62

Shooting Jg, IJHlb kees
Orang-r.ls, Kg, FFg, FF.'g. S5Ib ke»a ....!..
Hajari s Kentucky rifle, Fg, FFg, FFFg, 25B)

75

25
50

1

.

ViOlllb

Heavy gooilB. .« ton.
» tun.
Oil...

146

DupoDtVrme, FFe, FFFg. li><lb k'^gs
Hazard'e Ke .tucky rifle, FFFg. FFg, and Sea

SWoP'ns
UBMl- AND JUTEAmerlcan dressed

I.

Corn.b'lk&bgs. * tin.
Wheat, btilK& bags..
«i tee,
Beef
Pork .".". .'....•hhl,

70
70
44
4)
44
88
88
45
45

^n
JV

lOXO
10X4
10«9

43
42
55
86
27

STIAM

*»
» bbl.

Cotton
Flour

Sji

9X<9

gold.
.—

To LlVBRPOOL:

00
oO
00
70

1

B
a

"

*

FKKIOHTS—

8 00

8

V».
.*lb

Smyrna, unwashed

»2 50

va

a

8
.•@

,

BLASTrNG, FOR BAILROADS, 40.
Boda, any size grain. In 251b k?«
Saltpetre
do
do
SPOKTINO.

8K
^%

9Va
9X»
»*ia
9Xa

TeiaB.flne
Texas, medium

GtJNPOWDER-

•%

New York.

i>S

lOX

11

South Am. Merino, unwashed.
^_.
.... unwashed.
Cape Good Hope,

20

6

7V®

Medium

25*

'X

9'<'a

i

B.

9

SX'*
9J<a

'

Pine Street.

<t«>i

«)<

SKa

unwaahed

Superior,

7X
7H
7X

W. CORLIES,

E.

i SO

a

7

Extra, pulled
No.l. Pulled..
ip'
California. Spring
.. Clip—

16
12

merchants

Vokoliama and IIIoko, Japan.

6V

8

Amerlcan XX
American. Nos. 1 & 2..
American, Combing...,

9)|
9

coinraissiON

Co.,

13

'4%^

white

Western

s's

&

Smith, Baker

12

15K

8X9
8^4
6^9
<««
6Xa
7Xa
8Xa

do I0al2
do 1S(S15
do 16al8
do lii@iO

do
do
do
do
do

Prlmecity

wu

10
50

>'
21 00

«

8

v>

bxs

WOOL-

....»

,

rifle

&

TALLO^V—

law
11^

a
™

.VI

II

ev«

d.i
oifA
do
White extra C
do
Yellow
Other Yellow

8 00
22

a
a

WX&
Pv@
;0 «

'

Blackberries now
KaspberrloB. new
Cherrlea
Plams...,
,
SUNNIK8.— See roportuntiir

-u

•?'

]f

case".

cur

s 05

/a,

3

10.1 lb.

Porto Rico, reOnlng, com. to prime.
grocery, fair to choice.
do
Brazil,hag«,n. 8. Nos.9all
Java, do. D.S., NoB. 10812
Manila, super'or to ex. sup.
S.O..roflnod to grocery grades
iJ«)liiert— Hard, crnahed
Hard, nowdcrei
do granulaieu
do cut loat
Soft white, A. atanaara cenirit...

ioii

a
2
21wa
5 a

2 90
7

V

Uox,D.S.Noa.7i^

40
do
do
in
do

'

jov-a

new

16
21

Vark.

The .lonnine Trade ONLY Supplied

21 37 ><

6X»
6H^
47X4
Va»

"

» B.

Hav'a,

'

®

10

UKl-ISKeKNTKt) UY

V

lb.

Melado

am

SODA.
New

No. 11 Old Slip,

I4H*
1V«»

Cuba.lnl.tocom.reCr'ng ,,,.»i lb.
•
do falrtoioodreflnlng. .. •*
do prime, refining
"
good
grocery
to
lair
do
do centr,bhds.& bxs, Moa. eaiS

..

w"a

3

»
a
•
«

BUGAU-

17 OO

a

«

16 00
20 50
II 00
Ii 0)
24 50

"

...

Patna

'

or

8M

a

21 85

"

Oaroltna, fair to choice
LoulBlanii. good 10 prime
gold.
Rangoon, in bond

Molasses, hlida

FI9H—

"

•»
_

RICK-

ii\

a

"

Beef ha'iii!, Wcscrn
Bacon, CI y long clear

COTTON— Sec apocial report.

kega
Dopont'

"
"

llama. amoked
Lar', City steam,..

3j'

i^

American Ingot, Lake

MANUPACTURKR8 OP

95
07

1

Co.,

SUPER-€ARBO:VATE

165
I

&

John Dwight

5U
20
80

a

14
i

»bbl.

mess, now
Beef. extra mesp. "

31

61
1

ll^V'

mesa
Pork, extra prime
Pork, prime mcBS

18

2S

1

iVH

1.

"
"

I'ork,

na

11^4

"

90
06

I

1

5.5

«
a
a
«

puoviBions-

1!

i;><'4

"

tivia,

Laguayra
gt. Koiningo
Mvaullla

FiirJ,

70

161

"

Reflned. standard white
Kaphtha.Clty, bbls

i,^i/

l«ia

"

gold.
gold
gold.
gold.

liaracalbo

^

js

75

"

"
"

Bi:ol, plain

^ •'ft,

«l
60
4j
»^

1

Ca^ea

5 ^'>3 (00
lU UOd
15 004 17 00

Hlo, ord. car. 64}aayBantlgol(l.

Cttrrantp,

'
**

CSommeroial Cardi.

•»

a
a
a
a
•
•

51

'
"
"

VK

Crnde,lnbulK

13

OOFTKK-

do

gal.

PKTIWLKIIM-

S5

16
a
HH*

V

XM7

7y«

OILS-

PRICES OURKENT.
jlshks-

CH*BONI0LE.

OAKUM— navy to bcalqaallty,.,V

UENBUAli

do

S

.

1

S:h»

a
a

3 (0
1 75
S «!< »
7 CO

^

l 2.5

Oil,

2 25
2 12S

36
1

IMPROVED SUGAR .MACHINERY,
OFFlCK ANlTwAREUOnSE

»2K

8 00
1
«0
5 50
s lO

Jfcc,

&c.

:

*

NO. 15

GOLD STREET, NEW YORK.

Of all kinds and descriptions.
For sale in all parts of tlie country.
by

Bepreeented

F. L. Kneeland,
70 wrall Street,

NEW YOBK.

THE CHRONlCLfe

16

&

TH08. r. HILLBB,

Co.,

&

STATB STREET,

BOSTON.

Special attention paid to coIIpcUodp. with prompt
ratet» of exchauge on day of

remittances at current

IN GOVEKNMKNT 6KUURITIB8
City, CouDtv and Kallroad Bonds.

DBALEU8
Gold. StBtP.

&

Brewster, Basset

paynn-Bt.

„ . „
CdTeMDondents. — (Jerman American Hnnk, New
rovk; LoulslaTia National Bank. New Orleans; Bauk

James Hunter,
BROKER,

OONURKSS STREET,

Dealer in Coin, Southern Securities and Exchanee
Loans Negotiated. Advances made on Becorltiei
placed In my hands lor sale at current rates.

BoHton, niasa.
Dealen

Bonds, Qold and Commercial

In Btocks,

SAN FRANCISCO Office, 4iB California St.
NEWf YORK Agents, J. & W. Selii^an&Co.
Authorized Capital, Paid-up aud Reserve,

of Liverpool, Liverpool.

Co.,

BANKERS.
No. 96

W1LLIAH8. JNO. W. KILLBB

B. D.

Co., Anglo-Californian Bank
Thos. P. Miller
BANKERS,
(LIMITED).
Bj
MOBILE^ ALABAMA.
LONDON, Head Office, 3 Angel Court. VI

BANKKKS,

40

Western Bankeis.
THE

Southern Bankers.

Boston Bankers.

Chas. A. Sweet

[February 12, 1876.

Stocks, etc.. executed

Board

Orders executed on Commission at Brokers

(P. O.

InveBtment Securities constantlT on hxnc.

&

Parker
BANKERS,

Sam'l H. Kbsnedt,
Preldent.

Cobb,

AVesteru

Sell

aud

City

Cbas. L. C. dupdy,
Cashier.

&

Co.,

BOSTbN, MASS.

ST. LOUIS,
41T Olive Street,
1S~ Special attention given to the collects
HIIJNI«;IPAL BONDS.
.tioBir
Lienberger, I'res't Third NatIO
Win. H. Waters, PreBt Second Nat.
P. Curtis. Cashier Nat. Bank
of the State ot Mo., St. Louis: Wm. H. Thomji—
Cwshler Boatmen's Saving Bauk, St. Louis.

References—J.

(FOBMERLT LOVISIAKA STATE BANK.)

Kidder, Peabody

Transacts a General Banking Business. CollectioDS
free of charKC.
Especial attention gl' en to Collections, and Prompt
Remittances mad^. Exchange purchased on all points
In the United States and Canndx.
Sterling and francs bought and sold.

Bank,
Bank.

EXOBANQE
OK lK)»DOK, PABIS, AMD OTBXB CONTLHBKTAt

New York
Fhila.

Ofilce,

J.

A.

Orders

stocks and Bonds promptly executed at
New York Boards.

In

Wilson, Colston

&

Hilmers,McGowan&
BROKERS IN

CHICAGO, ILLINOIS,
BUYS AND SELLS CHICAGO CITY, COOK COUNTl
AND ILLINOIS AND IOWA COUNTY AND

TOWN

BONDS.

(P. O.

mercial

Wood &

BAIiTimORE.

BANKERS AND BROKERS,

specialty.

Correspondence solicited.
N. T. CoBKKspoNDEMTS—McKim Brothcrs

and Davidson

&

A

DEFAULTED MISSOURI COUNTY, CITT AND
TOWNSHIP BONDS MADE A SPECIALTY.

Capital, $600,000,

Houston,

Texas.

We give special attention to

collections

on

all accea-

Bible points.

Hutchms, P. W. Gray, A.J
Burke, Cot Ennls, W. M. Rice, C. 8. Longeope.

DIRECTORS: W.

WKKM8.

J.

BKNJ. A. BOTTS,

S.
B. 11.

Kountze Bros,

W. K.MoALPiNn.vlce-Pres

Pres't.

Kimball,

Cashier.

t.

N.O. Lauvb, Secretary.

Texas Banking & Ins. Co.
GALVESTON, TEXAS.
Caiib Capital,
DIRECTORS: J.

••--••

$300,000.

E. WalllB.M. Quln, E. S. Jenilson
8. Willis, T. A. Gary, W. K. McAlGeo. Schneider,
plne, 1). The Ayers, J. Bernstein, J. S. Grlnnan, C. L.
McKee.
Cleveland, Peter 11. KThard, J.
Special attention given to collections at all points
1"..

A

in tne State, aud remittances promptly made, without
any charge except custoniar rates of exchange.

B. B. Bbbkhsb, Pres't.

First

tVlLMINtJTON,
CoUecUouB maoc on

all

i».

Co.
Tork,

LONDON AND HANSEATIC BAJ
above class of Securities
enables us to be prepared to make cash bids by wire

Our long experience

In

(LlWTBD) -LON DON.
.

to parties givln'' full descrlpUon.

PER CENTS have never failed. Nothing but an earthquake can impair their absolute security; and as to
promptness, ask our New York Bank. Our paper is
always at par In New Tork. because always paid at
maturity. Have loaned millions, and not a doUar hat
»ver been lost.— For details address ACTUAR) of the
Central llllnolB
P. O. Box 657.

Loan Agency, Jacksonville,

Vice-President.

Preeldent.

German

Bank,
N. C.

parte of the United States

Cashier.

Savings Bank,

LITTLE ROCK, ARK.
CASH CAPITAL

CA^ Co.
BANKERS,
WALL STRKBT, NEW TORK.

4

Illlnolt

Wm. Kikten, Cbbxd T. Walkbb

Chab. F. Penzbl,

»50,000.

Transacts a general banlilng business, and makes colall points in the South and Southwest at
reasonable rates. Arcouuta of Banks, Bankers, Merchants and oti-.evs solicited.

Persons keeping accounts with us (currency or gold*
as they please same as with Cltj

may deposit and draw

banks, and will be allowed interest on daily balances
according to the nature of the account.
Orders for the purchase and sale of stocks, bonds
»nd gold wUI receive from us, personally, prompt and
»reful attention. P. O. Box 2.MJ.
W. TBASI
C. W. MoLBLLAK, JB.
A. M. KiDDBB.

lections on

Board OF DiKKCTOBS.—C. F. Penzel.Wm. Kirten,
JudgeU. M. Rose.Jno. E. Geyer.G. W. Johnson, Geo.
Kelchardt. J. K. Brodie. A. t^chader, Jno. G. Fletcher.
N. Y. CoBBBBPONDBSTB, Douiell.Lawson & Co.

A. K. Wai.kbb, Casbiet.

National

150

&

Pearl Street, New
AeBNTB FOB TUB

Da'

TWELVE

Correspondent

Willis,

S. D.

G. Amsinck

RAILROAD BONDS, STOCKS, MISCELLANEOUS
AND LOCAL SECURITIES, ETC.

While bonds and stocks are the footballs of brokers
the solid Illinois and Missouri TEN PER CiNTS
(semi-annually at the American Exchange National
Bank, New York) and our choice Kansas

DALLAS, TEXAS.

R.

Wood.

C. D.

A Solid Twelve Per Cent

Leonard,

BANKERS
New York

1

NEW YORK.

President.

Cashier.

Adams &

PINE STREET,

GOVERNMENT BONDS. STATE, MUNICIPAL
AND RAILROAD SECURITIES BOUGHT AND
SOLD ON COMMISSION.

mo,

Jones.

Southern Bankers.
THE CITY BANK OF HOUSTON,

B. F.

ST. Lovis,

Co.

Davis,

BANKERS,
31

Com-

hills.

Co.,

aud VIRGINIA SECOKITIKS a

I

BOX iMD

Special attention paid to the negotiation of

BANKERS AND BROKERS,
INVBSTMKNT

WALL STRKKT.

a

FOREIGN EXCHANGE AND GOI
64 W^all Street, New Vork.

Plilladelplila.
hePltllailelptilaand

Stocki

GAS STOCKS,
Dealer In Railroad snd Investment Stocks and Bonds

.BANKER

STREET,

M^NVr

"W A

Beers, Jr.,

Brooklyn

and The

Slaughter,

O.

STOCK BROKER,

No. 319

N. B. A.

California,

INDIANA.

Financial.

N. T.

Western Bankeri.

Austin J

Bell

Kdward

INDIANAPOLIS,

i

33 Wall Street.

Baltimore Baukers.

&,

CORKESPONDKNTS.
London— London Joint Stock Bank.
Paeis— Messrs. A.& M. Heine.
Nkw Tobk— The Bank of New York,

It

;

;

Smith & Hannaman]
INVESTinENT BROKE]

made

San J^'bancisoo— ihe Bank of
Nevada Bank of San Francisco.

CiTlXH OF EUBOPB.

Louis
Louis

St.
ft.

COMMBOIAL AHD CIBOHLAS LITIKBS OF CeKDIT
aaUXD ATAILABLK IN ALL PASTB OF THB WoBLD.

1!

ATTORNEY- AT LAW,

South-

State National Bank
OF NEW ORLEANS.

Conuty BoiidR.

upon the mo?t favorable term«.

T. K. Skinker,

81.)

& Co., New Tork;

Capital, $850,000. Limit, $1,000,000.

BKVONBHIKK STRKKT
BOSTON,

78

Bur and

•

Box

Refers to Henry Talmadge
ru Bank, Savaanah, Oa.

1,65 0,000.

FRED'K F. LOW,
f Mananers
IGNATZ STElNHART,!"'" * "•
LILIENTHAL. Cashier.

Sarannab, Georgta.

Auctions, and Frlvate Bale.

$6,000,000.

Transact a general Banking business. Issue Comm-rcial Credits and Bills of Exchange, available in all
parts of the world. CollectlonB and orders for Bonds,

P. N.

Address,

Paper.

-

-

Love

&

Co.,

BANKERS AND BROKERS,
ST. Locis,

no.

Cash advanced on Stocks and Bonds left for Sale.

MEN AND IDIOMS OF WALL STREET
Is a

new 73 page book

giving the highest and li.west

prices of stocks for 15years, complete list of defaulted
lailroads. Black Friday, sketches of leading operasuras ot
toi-s, and the method of dealing on small
money. Copies sent free lo any address. Oraers fo:
stocks and tto-.k privileges executed by mall and telegraph, collections made, money Invested, and infer

mation g

en by

JOHN HICKLINO
Bankers and Brokers,

&.

CO.,
H.Y.

K BROADWAY,

.

EWEN & TUTTLR,
BANKERS AND RHOKEItS,

Inleresi.

lell

and

New

!tl

Insurance.
**

WlLLum P. Tin-PLIt,
JOHN EW«K, Jl..
Member stock ft Oold Bxeti. Member Stock Kxcliange

63 Brand way

CuNARD

Street,

allowed on (tepoalta.

tVNOTICR.-Wlth the new of dlmlnlshlog the
chances of collision, the steamers of this line take a
specillud courne lur alt sl'uhous uf the year.

Member N. T. Stock Kxcbange.

&

Cooke

Colton,
NEW

YORK.

Do not A»mre your

&

Co.,

BANKERS AND BROKERS
Noa. 4

6 Broad Street,

&:

NEW

ongbt and sold

maU or

I

Java

'UuBsla

S

.

STREET

and marine Insnranre
and Scrip

Fire

etocll

"SPECIALITY."
;

Grant

CHAS. G. FItANCKLYN Agent.

& Company,
STREET.

No. 33 WAIil.

TRANSACT A GKNEKAL BANKING BIISUJKSS
STOCKS BOUGHT AND SOLD ON COMMISSION
OITBREST ALLOWED ON DEPOSITS.
R.8im)AllOKANT.

This Society, therefore, will either Isene pollde*
on tbe payment of uniform annual premlnnu, guaranteeing anpeeijied nnrentler value for every year in
It will furnish the PROTECTION OP LIPK

cash; or

ASSURANCE at

OR Liverpool,

TV ESD A Y

as follows:
Feb. 22, at 3 P.M.
Feb. 29,at8 A. M.
Marcm, at 3 P. M.
March 14, at 8 A. M

WYOMING
IDAHO
DAKOTA
WISCONSIN
MONTANA
NEVADA

March 21, at 2:30 P.M.
March i8, at 7 A. M.

Steerage, |26; Intermediate, ttO; cabin, (65 to |30,
accordluif to stute room, titeeraxe ofllce, No.29Bruad

way.

General

offices.

No.

63

GVION.

Treasurer.

For Plans, Rates, and Full Particnlars apply to

THE PROVIDENT SAVINGS LIFE
AitSURANCE SOCIETY,

Miscellaneous

BBTWKXN
(Q,

B

JOHN

XBNNBDT. HBXBT

S.

BANKERS AND

)

41

George A. Clark

&

Bro.

vessels

on

at

reduced

AND

Co.,

Flist-class, full-powered. Iron screw steamers,
Pier No. M, North River.

ALPS...

CLARIBEL
ATLAS
superior

In stock.

AGENTS FOR
Co.,
Co.,

Saratoga Vletorf MfK Co.

NEW YORK.
15
.1

BOSTON.
15 CBACHOIT
PHILADKLPHLA,
W. DAYTON, 230 CHiaTKtrr Stbmt.
WaiTX STallT.

Fenmary

15

March

1

HAYTI,
Febrnaryn
March »

first-class

fc

passenger aecoinmodatlou.
CO., Agents,
No. 56 Wall Street.

FOKWOOi &

Sterling

Stonlngton Steanisblp

Company, betiveen New York and

Reduction of Fare
Between
Between

NEW YOUKand PROVIDENCE to (3
NEW YORK and BOSTON to (4.

ST.

(direct).

Steamsnips ELKCTKA and GALAIEA leave Pier
». N. R., foot of Park Place, daily (except Sondays) at
Direct connection to Worcester and points beyond.
lelebls
via either Hue taken at lou est rates.
*
D. S. BABCOCK, Prealdent.

I-

L.

Silver

AND

Electro Plated Wa re
MAIDEN LANE, NKWTORK,

P'ine
No

3

Line.

FOR PROVIDENCE. NEWPORT AND BOSTON.
The elegant steamers RHODE ISLAND. sARRA
GANSET* and biONlNGTON. leave Pier 33, N. K.,
fool of Jay St., dally (except Sundays), at 4:30 P. M.
Through tickets to pi Incipal New Envland points at

PROVIDENCE LINE

Kllertoii Ne^v inillfs,

«*

Gorham Mf'g Company.

STEEL PENS.

offices of

Wooleu
.Tlfi;

EQQlp

from

R|{ depots and ticket oBicea. State- Rooms tecnred at
Westeott Kxpresi* Co. and atsi* Broadway.

Waahlnston milln,
Chlcopee

a ,i

Stonington

Street.

E.R.Mudge,Sawyer&Co
Burlliietou

IROK an

STEEL HAILS.

Boston.

Company.

Widths and Colors always

Daane

KINGSTON

Providence

Also, Agents

all

For

PIM,

STIUPES."

United State* BnntlnK
Nn. 109

.

kinds of

COTTON CANVAt,, FELTING DUCK, CAR COVER
ING, BAGGING. RAVENS DUCK, SAIL TWLN E8
*C. • ONTARIO" SEAMLESS BAGS,

supply

CAMBRIA IRON CORIPANT
of JOHNSTOWN, Pa., for the sale of tbeti

REPRESENTATIVES OF

BI-MONTHLY SERVICE TO JAMAICA, HAYTI,
COLOMBIA and ASPINWALL. and- to PANAMA and
South pacific ports (via Aspluwall.)

ANDES

COTTONSAILDUCK

full

draw Bills of Exchange on London.
Agents of the

For HAYTI, COLOMBIA. ISTHMUS OF PANAMA
and SOUTH PACIFIC PORTS (via Aspmwall).

ManufacturerB and Dealers n

A

Buy and sell itallroad Investment Secnrltlea.
Coupons and Dividends. Negotiate Loans

lect

meut

Atlas Mail Line.

Turner

Brinckerhoff,

"AWNING

ST.,

Jose*ph'Bachman &Sons,

337 and 339 Canal atreet,
NEW YORK.

all

Co.,

IflERCHANTS,

Agent, S5 Broadnraj.

miLHrARD'S HELIX NEEDLES.

And

&

BABHB*

All business relating to the Construction and
of Railroads nn lertaken.

LOUIS DE BEBIAN,

&

S.

New York.

rates.

Steerage, (26, with superior accommodation an<!
iBCludlng all necessaries, without extra ch trge.
Steamers marked thus * do uot carry steerage pal
sengers.

BAKBB. JOnH

CEDAR, COR. WILLIAM

this favorite route for tbe

Continent, (being more sontberly than any other,)
will sail from Pier No. 50 North River, as follows
Saturday, February 19
AMERIQUE, Ponzols
Saturday, March 4
LAKAYKTIE. Hellard
Saturday, March 18
LABRADOR, Sangller
PASSAGE
IN
GOLD
(Including wine,)
OF
PRICE
First cabin, f 120 and (110, according to accommodation. Second cabin. (W. Third, (W.

Heturn tickets

H.

Kennedy

S.

J.

NEW YORK AND HAVRE,
The splendid

Vico-Prea't and Actuary

President.

The Ueneral Transatlantic Company's
Mail Steaiusliips,

CALLING AT PLYMOUTH,

MiEO«llanecus.

re-

WESTERN UNION BUILDING. NEW YORK.
GEOHGB WALKER, SHEPPARD HOMANS,

O N L. V
Line
to France.
Direct

G, St. <7ohn Shepiklu.

ckAnu

l/y itself,

newable at ttie cloee of any year without further
medical examination.
These Plana are indorsed by leading Actnariet
and State Commissioners, and also by the "Society
for the Promotion of Life Insurance among Clergymen," James Brown, President; Iloward Potter,

Wall street*

A

actual current coetfor <Uath

and erpemes qf management, each year

(Via i^neenatowrn)
CARRYING THE UNITED STATES MAIL.

TiriLLIARIS

BANKKKS AND BKOKKUS,

merely for accnmulatloa.
Thi» Society recognizes the Policy-holder <u owner

of the Beterce.

RATES FOR PASSENGERS REDUCED.

onoe for tbe above Hec;ixltie9 or tbe
Cash
Will be eold on cnmrniaAion. at sellers option
paid at

8o<Atly teparaUt the Ineurance Pari of tht
the Rttert* or OtpoiU Part, wbidi

Premium from
latter ie held

LEATING PIER NO.M NORTH RIVER,

Dealer in

Invested In U. 8. Five-Twenty Bonds.

TM»

Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other parts on the Continent
and for Metllterrsneau ports. For freight and cabin
pasr.ftge apply ar the i'oiiipHny'H otilce. No. i Howling
Green; for steerage passage, at Ut Broadway, Trinity

Bailed,

.

^JKW YORK.

Guaranty Cash Capital, •135,000,

very low rates.

on comnilsslou. Orders by

66 WAI.I.

WESTERN UNION BUILDING,

1

telogrupli carefnlly attended to.

E

till

THK

Wed., Feb. 16 A-bysslnIa ..Wed., Mch. n
Wed., Feb. aa IJaya
Wed.. Mcn.2»
Wed.. Mch. 1 Algeria
Wed., April 5
Wed., Mch. B China
China
Wed. .April 12
Parthla
Wed., Mch. 13
Aud every following Wednesday and Saturday from
New York.
Steamers marked * do not carry steerage Basseogers.
Ratbb of Pabsabb.— Cabin, |8U, 910U itnd |l:lo gold,
according to accommodation. Tlcktts to Parlt. |15,
gold, additional. Return tickets on favorable terms.
Steerage tickets to and irom all parts of Europe at
Calabria

Gold and Miscellaneous Securities
strictly

Lift

Provident Savings Life
Assurance Society,

MAIL STEAMSHIPS.
BETWEEN NEW YORK AND LIVERPOOL,
CALLING AT CORK HARBOR.
FBOH NXW TOBX.
FXOM MBW TOKK.

BulldLng.

NEW YOKK.
Stocks, Bonds,

you have exBsiliMd
devited by Shii-pabd Bokajii

tbe
PLANS
Actuary, for

'

Stocks, Bonda. Gold, Foreign Exchange and Mltk
oellaneoui Securltlea boaght aud sold strictly on
L'ammlsaion.

Gargiulo

what you bay,

I

BANKERS AND BROKERS),
44 BROAD STREET,

aa you go, (Ct

!

the Outward PastiuKH fri'tii Qjcenstown to New
York or Huston. crossluK Meridian uf Ml at 43 Lat., or
nothing to tbe North ut li. On the Homeward Pas.
sage, crossing the Meridian of 9U at CI Lat., or nutbing
to tbe North of U.

TUB BRITISH AND NORTH AMEKICAM UOYAL
Fkzd. C. Colton.

Par

top wben yoa cheoae."
COMMON SENSE AND FAIR PLAY
IN LIFE ASSURANCE

Line.

On

Stocks, Uonda and Uold oe aommlaaloii

SIDNIT K. CnoKi.

.

Ocean Steamshipi.

Financial.

Bur and

.

THE CHRONICLE

February 12, 1876.]

ft«.

:

W. FILKINS, (}enanl Pais. Agent.

JtANUFACrrURERS"

WARKH0D8K,

JOSEPH OILLOTT
»1

John

Street,

Ne^

HENRY HOS, Sou Aonn

Sc

SONS

York.

:

:

'

[Februaiy i2, 1876.

CHE CHRONICLR
Insurance.

Insurance.

OFFICE OF THE

OFFICE OP THE

IcBuranoe.
OFFICE OF THE

ORIENT
Co

Insurance

Mutual

York, Sjlh January,

New

The following statement of the afl'aira
Company on the SUt day of December. )8r5,

187G.

$547,017 55

Dec.

3l8t

l-rcmiuma receivi-U durin«
endlDK 3Ist December, irtB

1871.. ..
tlie ye:ir

BROADWAY, COR. CEDAR

its

Charter

Premiums unearned

119

ST.

pub-

provlslona of

lished In conformity with the

Mutual Insurance Co.,
No. 01 Wl 1.1.1 AM ST.

Insurance Co.,

,

of this
Is

NEW YORK

MUTUAL

PACIFIC

.„

I.OIC.OBJ 4H

Nbw

Nbw York, January 15, 1876.
The Trustees submit the following statement of
the affairs of the Company, in conformity with the

SOth, 1870.

York, January

the

The following Sfiteitcnt of thl afl'airs of
Company is published in conformity w.th the

re-

requirements of the Charter:
Otttstan ling Premiums, January 1, 13:5
Premiums received during the year ....

quirements of Section Hot its Charter:
$88,973 19
Outstanding Premium January 1, 1P75
Premiums received from Jan. 1 to Dec.
'

$:,ac,i,70O 01

Total premiums

Earned premiums of the year
*''?3q}l 25
Losses and expensed
hiali-i
•»<
ai»,*ii J?
Ke-iusuranccand return prommms....

ASSETS,
3l8t

December,

1875.

Cash in Banks..,,.
••
United States Stock
and
Stocks of Slates and Corporations,

Loansondcmaud....

.......

.

-,

,

54J,461 .5
'''•"' "^^

Unsettled Accounts

$ 1 ,831 ,002 73
pay Six
The Board of Trustees have resolved to
Certlft-

or their legal reprecatcs, to the holders thereof,
next.
Bcnta'tives, on or after the Ist March
also resolved that the ontof the issue of
Btandlng Certlttcates of the Company
holders thereof,
1860 bo redeemed and paid to the
on or after 1st of
or their legal representatives,
will
March next, from which date interest thereon

The Trustees have

at the tmie

be produced
and cancelled.
cent already
In addition to a bonus of fifteen per
they have
paid in cash, on the Subscription Note?,

The

Btl

Certlttcates to

of payment,

dealers entitled
further resolved to return to the
the net amount of
to the same Fifteen per cent on
OecemEarned Premiums of the year ending 31st
on
for which Certificates will be issued

ses.

Expenses and Rebates,

Ac, during the same

The Company has
CashinBank

United Stales and other stocks
Loans on Stocks, drawing interest.

176,250 00

. ,

8f;,009

Certificates

Re-insurance and Claims due the Company, estimated at

SIX PER CE\T. INTEREST

A dividend

first

TEM PER CBN P.

is de-

.'iDAVI

I.

W.

William

,1EHI.U. I!EAI>,
IllOS 1!. MKUKIUK,
(lEO. A. MEVKU,

Ramsay Crooks,
Arthur B, Graves,

Gustav Schwab,
George H. Morgan.

,I.>II<I II.
>1

8. Wilson,
F. Couslnery,

EUGENE DUTIL3, President,
ALFRED OGDEN, Vice-President.
Charles Ibving, Secretary.
Anton Metz, AssisUnt Secretary.

Railroad Material,

Borden

&

ooniniissiON
70 & 71 West

E, P.

MYERS, President.
THOMAS HALE, Vice-President.
WILLOUGHBY POWELL, Secretary.
K.

of Messrs.

Locomotive

Works,

MANUFACTURERS OF
LocomotlTeii, Stationary Steam EnClnes, and Tools,
MANCHESTER, N. H.
GRETAS BliOOU, W. O. MEANS,
Buperlntendent
Uaucbetter, N. H.

Treasurer,
4« Water eu«et, Boaton.

B.

President.
Viee-Pres"t,

BLBECKEIt, Jn

,

DENNISTOUN. CROSS & CO.

and

British
Ins.

Co.,

LONDON AND KDINBIinGIi.
U.>JITED STATES BKANCH,
ixrilllam. Cor. Pine St., New York.

Capital paid up • OroKS Fire Reserve
Net lilfe A8«eta - -

We keep on hand

the largest slock of

m all kinds of new Printing
.

Geo. Bruce's Son

,

,

,

8c

Material.!

Co.,

No. 13 Cbambers Street, N. Y.

N B -The Stock

and Bond Tables of the

Commrk

AND FINANCIAL CaEOKIOLK, puhllBhed
Saturday ol each
plement to that paper, on the last pages,
are fet In
Lionth. and oeenpyingtwenty.Beveu
Patent Flguret
"rnce's Nonparler,No.K,wfth th
and Fractious.

Clii,

-

$10,000,000
3,700,000
13,300,000

~$iT,000,000

In a tup.

In

New

by Chicago Mnflagra
I'iie' Company's actual losses
tion In 1871 were $1,743,457 81.
losses
by Boston con>lagr>.
actual
Company's
The
tion in \va were »5U3.68« 46.
.
,
„k„„
Yet the Company paid these losses at Bight wlthoo
borrowing )r 8enii:g a single dollar of permanent Inthen
oivtdendB
to
regular
continued
vestments,
stockholders, and at the end of 1873 had entirely madi
losses of tliesi
UD (not In tbla country, however), thecommencing
18.^
two confla<ratlonB and all olhure,
with a Burpius over $100,000 larger than ever before.
,

n America, aesorted for fnEllsh, Frencli, Spanish
and Portuguese, which we sell In lots to suit purchasers, at low prices for cash.
„ .,
.,
deal

-

-

Gross Asiets held by Board of Management

PKINTING TYPES
We aUo

-

Total

TO PRINTERS.

BODS.

MANCHESTER

IsraeU'orse,

H. C, Von Post,
Gustav H. Kiseel.

OP

CUMBERLAND COALS,

FALL BIVKR LINE STEAMERS.

Richar.l Irvin, Jr.

Mercantile

PAH BIVER IRON WORKS COM'Y
CO..

bri.

U. Hulbert,
S. Wetmore,

Henry
Jacob

The North

LOTILI

York,

COIONY STEAMBOAT

Fa

THEO.

64

AND

Gerhard Janfsen,
John H. VMle
L. Bayaid Smith,
Charle..^ Limson,

For the convenience of its co>doincrs this Company has made arrangements to If sue Policies and
house
Ceriittcaies n.ayahle in London at the Iwnking

BORDEN MINING COMPANY,

NAILS, BANDS, HOOPS

of the Board,
Sccretar;

JOHN H LYELL,

Lovell,
New

By order

George Mosle,

,

AGENTS FOB

OI.l>

to he
interest thereon will cease. The Certificates
lo
presented at the time of payment and cauctUed

merchants
St.,

iht-lr

TB USTBBS.

GEO. W. SMIIH,
.T
S. H. nUvlUM,
CL \1!K,
lilCllARD P ISRIIFF,
BAIES.
LEVI
J MES L. HA III vWAY
Fi: .NKLII EKSnU,
SIEPHE V L MKRCH.\ST IOWN.-K>JU DAVIS,

JOHN

Imld.rs thereof, or

on and after TUK-iDAY, the
date all
8th day of February next, from which

Stephen Johnson,
Arthor Leary,
Henry Meyer,
Elward H. R. Lyman,
E. V. Thebaud,
Francis Hathaway,
Lloyd Aspinwall,

&.C.
L. K.

WM. BOBDKN.

i>aid to llie

EDWARD LARAQUE,

.1

liUrCE,

.

legal representatives,

that extent.

of the Board.

TH()M\S HALE,
G. D. H. UILLEsriK,
J OHM A llAldOW.
\MKS i:. T,AY LOR,
ALBEBI n.STU\NOE,
FR\N. IS PAY'SON,
1 HEO. W. .MOUUI3,
WM. A. H iLL,
AVALTEB H. LEWIS,
IIEMty 1) RoLPlI,

A.AirtlUSlUSLOW

C, L. F. Hose,

deemed and

TR US TEES:
JOHN K MYEKS,
II. B. CLAi'.lx,
A. a. niRSE8
yRASClS MtUAN,

Theodore J. Ralli,
Theodore Fachiri,

P. Cary, Jr.,
Carl Victor,

be

issued on and after Tnesday, the 4th day of April

By Order

on

entitled thereto for the

premiums

Theout»tandIiiarertUic..teNof ProliU
of tU« l««ue or 1SC2, and Fifty I'cr
Cent of tUe I. sue f 1863. will b.> re-

day of February next.

in Scrip of

of

April next.

on the amount of Earnel Premiums for the
year ending December 31st, 1375, which may be en-

James Brown,

Constantln Menelas,
Carl L. Recknagel,

„
w

certifiyear ending 31st December, 137.5, for which
Ist day of
cates may bo issued on and after the

on the outstanding

holders
Certificates of Profits will be paid to the
after
thereof, or their legal representatives, on and

Walter Wa'son,
Ernesto G. Pabbri,
Henry K. Spraguo,

William Pohlmann,
Charles LaUng,
Alexander Hamilton,

4,1.110

Interest on the outstivding
Profits will be paid on and aftir

the net earned

$1,002,3S1 15

Total Assets

Alex. M. Lawrence
Johns. Williams,
Frederick G. Foster,
John D. Dix,
Charles Mmizinger,

E. H. R. Lyman,
Henry R. Kunhardt,
John Anchindoss,
Lawrence Wells,

92 50J 4»

.

TUESDAY, the81h day of February, 1376.
Porly Per «'eiit Dividend is declared

7 2,078 21

titled to participate. Certificates for whicli will

Edward F. Davison,
Henry Be B. Ronth,

I

Six Per Cent

:.3

126,640 68

Premiums

clared

TS US TEES.

(U

7',

_-'.'-r'if $T«,7f«58

i.ls Rece.vnble.
Salvage, Re-insunince. Ini-urancit Scrip,
Accrued Interest and i t.er cUimsdue
the Company

2:5

432,467 50
.

M.28P 28

$H7I,428_9I

or after the 5th April next.
By order of the Board,

George Moale.

C""!" "' B'"'""

:

t7n.6.'>6 73

ber, 1875,

Secretary.

Loans on Slock and Cash
due the Company
RealEstate

Prcminm Notes and

Premium Notes and Bills Receivable..
Subscription Notes in Advance of

Tuesday, the

CHARLES IRVING,

U

the following Assets
$51,139

73

16, 932

The Company have the following Assets
00
United SUitPB Slocks
$5t:4.;J.'.0
Bink, City & otlier Stocks. 1-2.>,715 00

64,671 08

Return Premiums

$144. .W5 02

Losses and Expenses

701,332 50

period

HI
^|

Return Premiums

$819,3i7

le«8 Savings,

Paid for Lo

HULLS

off as earned, dur-

ing the period as above

of Assets

Scrip
percent Interest on the ontstaudini?

cease.

Total amount of Marine Premiums, $S97,1!K)
Cargo
This Comimny has ia-^iied no Policies, except on
and FieUihlfortlu Voyage.

Premiums marked

[

^11
have been issued upon Life
Risks, nor upon Fire Risks, uisconncctrd with Marine Risks.
Earned Premiuma to January 1, 1816 ... $301.0 J) 18

No Policies

BEliN TAKEN UPON
M NO RISKS HAVEOF
VESSELS.

J«.»J* "O

oi

$376.»W:t

808,517 67

inclusive

^'alnwl
6.iU,75i ou

Sub»cri))tion Notes, Bil s Ue(-clvable,
and L ncollected Premiums

Total amount

31, 13"5,

84

f
Jjj,;''!
.iUO,-UO

,

Annual Income of Fire Department alone

OTei

**Fffe'and Life Assets entirely dlsttnct-the one not
liable for the otlier.
_ ^„„ „

The company orgsnlied A. D.

1S09.

Commencec

bnslnoBi In this country A. D. 1867.
^.,_,
AeenolcB In most of the prlnclpa cities and tcwni
in the United States.

EZRA WHITE,
CHAS. E. WHITE,
SAIt. P. BLAGDKN,

1

\ Managers,
1

;

Fe'.ruaiy 12, 1876

inffRuNlCLK

IHfe.

J

Insurance.

V.l

Insuracoe.

Ootton.
LauHAN, AiaAHAii

OFFICE OF THE

MERCANTILE

OFFICE OP THE

WALL

»o. 3S

Co.

Insurance

ST.,

in conformity

84, 1870.

from

January, 1B7S, to 31at De-

l8t

Netv York.
Kichsnc* nalldlnKs, Llvorpool.

$224,717 79

Prenilumsrecelved from January

December

1,146,331 S2

3l8t, :8r5

Premiums on
l8t

off

January, 1S;5

Total

No

marked

Policies not

amount of Marine Premiums..

(i,3'JS,3»4 75

upon

paid

December, I87S

durin;;

(6,123,134 63

...

Paid Cash dividend to

The Company has the following Asset', vi?..:
United States and State of New York
Slock, City. Bank, and other Stocks.$10,314,9l0 00
Loant secured by Stocks, and other-

Ms*

S,5I4,S0J 00

Real Estate and Bonds and Mortgages

2117,001 00

and sundry Notes and Claims
due the Company, estimated at
Premlnm Notes and Bills Receivable.

4.'>t.0n 92

Interest,

$:!!i,000

3ti3,4J2

amount of Asaeta

40

$16,019,910 82

on the outstanding

on and after

Tuesday, the 1st of February next.

The outstanding certificates of the issue of 1872
will be redeemed and paid to the holders thereif,
or their legal representatives, on and after Tuesday,
the 1st of February next,

from v^hich date

est thereon will cease.

The

all inter-

certificates to

be pro-

duced at the time of payment, and cancelled. Upon
certificates which were Issued for gold premiums,

payment of

interest

and redemption

will

be

in

gold.

.
course of collection
Reiisurauce and Salvage due,
Sc ip of other Companies

A Senil-Annual
will

be paid

Dividend of

(5)

PEK CENT

and after Tuesday, February

Jones,
Charles Dennis,

W.

H. H. Moore.

Henry Coit,
Lewis Curtis,

NaaliTlUe, Tennessee.

John D. Wood,
Geo W. Hennings,
Henry Eyre,

'HKKltKNCK.-KiBST N tTiosiL Bake. Nasbtilli

James D.

Joseph

Fisii,

Slajjg,

Kllwood Walter,
D. Coldeu Murray,
Samuel L. Ham,
Bryce Gray.
N.'L McCieady,
William Nelson, Jr.,
Harold Oollner,
Josepi Willets.

Edward

Henry

Henry DeRivcra.

J.

Scudder,

Daniel T. Wille^.s,

Henry R. Kunhardt,
John S. Williams,
( harles Dimon,
Paul N. SpofTord,

James

Charles H. Russell,

Lowell Holbrook,
David Lane,

Doiig}as,

President.

MONTGOMERY, Jii., Vicc-Pres't,
ALANSON W. HEGEMAN, 2d V. Pres't.

James Q. De Forest,

Daniel 8. Miller,

Alexander V. Blake,
Charles D. Leverich,

Dkspard, Secretary.

Insurance Company

Agencies in

WILLIAM

all

comnissioN and

Thomas

Edmnnd W.

J.

D.

JONES,

Corlles,

John Elliott,
Samuel Hutchinson,
William H. Webb.
Presideat.

CHARLES DENNIS, Vice-President.
W. H. H. MOOKE, 2d Vice-President.

St.,

15-15.

Klre Insurance Lowest Rates.

Refkbbnces.— French
Wlllums, Ulaok
Co. ,5« Broad

ft

Travers. No.

wiiUam

ft Co., No. 1
St.: I'hlllp Henry,

17 WIlllaxA s«
st.; li.M. Waters

No. 138 Pearl
Adams ft Whitlock, No. 51 Hoath at.: Charles
Hyllestedft Ga.,No.7 Sooth William at.; Walter T.
Miller ft Co., tto. 5 Hanover St.; Dennis Perkins, No
in Pearl St.; Charles A. Boston, Mo. 141 Pearl st.
ft

Jr..

St.:

BLOSS & INCHES,
COTTON FACTORS

MeAlister

COTTON raBRCHANTS,
NEW YORK.

COTTON BUYKUS

ft

Wheless,

NASHVILLE, TENNESSKK.
Special attention fftren to Splnuen* orders.

i;3Jdence

Corre-

solicited.

HvrnuKHOss.—Third and Foortn National Bonks,
ind Pi >i>rl3tori of Tni Ckboniolb

9T Pearl Street,

H. Tileston

&

COTTON

GoinmssioN iherohants

Ootton.

Adam T.

Horace Gray,

109 IHorton,

CAPACITY, 12,000 BALES.

the Principal Cities In the U. S.

STEPHEN CltOWEI.I,, President.
CUOWELL, Secretary.

H.

Adolph Lemoyue,
Backett,

&.

ADD
ASISETS, July i7T875, $2,333,493.
INSURES COTTON AGAINST LOSS BY FIRE, GENERAL COMMISSION MERCHANTS
OVERLAND BY RAILROAD, and Marine by
128 Pearl Street, Neiv York.
Steamers to Europe.

Edward H.Skmker& Co.

Youngs,
C. A. Hand,
James Low,
John D. Hewlett,

Noa. 105, lOT,

aud 018, C30 & 022 AVaablngton
Rate or Storage,

Joslah O. Low,
WiUUun £. Dodge,
Royal Phelps,
F.

& Whitlock,
COTTON STORAGE

A. G.

C J.

WILLIAM WHITLOOK.

BtCnAKDS.

Richards

William B. Scott,

ELL WOOD WALTER,

s.

Robert L. Stuart,

James Bryce,
William Sturgis,

Jons

Merritt,

Western Union Telegraph Building,
ilroadivay, Cor. Dey Street, N. Y.

Frederick Chauncey,
Charles P. Burdett,
Francis Skiddy,
Robert B. Mlntnrn,
Chirles H. Marshall,
George W. Lane,

Irvine K. Chase,

Kobi rt L. Taylor,
William T. Frost,
William Watt,

Office,

Gordon W. Bnrnham,

^^^

cotton buyer,

OF BROOK liYlV.

J. D.

our market b> tclted

BLAUUUTEU * CO

Ne w Yo rk.

Ist

PHENIX

TRVSTBBS.

Id

o Messrs. NOItl'ON

i:efer

Samuel Willets,

of the Board,

H. GIIAPiVlN, Secretary.

Orders to purchase Cotton

77,915 00

Francis Hathaway,
Aaron L. Held,

the 4th of April next.

J.

and

TRUSTEES.

for the year

By order

Cotiou Factora,

VICK.SBURG, MISS.

1876.

James Freeland

Eggleston,

7,828 06

413,617 41

FIVE

&

Lamkin

448.459 00

to the stocl.holders or their legal repre

sontativo", on

Vfcr.

i'Hrtlcn'ar alt nttoii given to the execution oforde
for f uLtir«i coiitracD aud ihe |>archaHe of mercliaudtae

$1,028,525 65

Cent, is denet earned premiums of the Company

ending 3l8t December, 1875, for which
certifl^tes will be issued on and after Tuesday,

Will keepaccouiiiH with (;onnlry Itankt) and Bankflra,
m:ike coUit-tioiia, IfMK* ceitlfl ^ates of L>epuilt, and
111
to the HHle uitd purchiso of Uuiidt, Stocks

alie

Colli,

:—

United suites. State, B.ink and other
Stocks
Interest due on Investmeula
Premium Notes and Premiums In

A Dividend of Fortr P<r
on the

the following Assets

$80,670 18

certiScates of proSta will be paid to the holders
thereof, or their legal representatives,

00

$l37,39«i 11

2,070,360 !0

.

OaihinBank

AND

roiiiml>«lon racrchants^
123 PKARL STREET, NEW YOKK,

G«iierHl

Ist

The Company has

Jemison,
KBa8

B A N

stockholders

CashinBiinks

Per Cent Interest

&

Moody
17

87d,n0.'>

Paid Cash rebatcmont to dealers

Exi)cnse8. .$1,217,477 26

clared

$1,107,718 35

:

Aug.
$9,71i,058 Oi

Kelurnsof Premiums and

the

61,628 02

Net earned Premiums
Paid during same period Losses, Commissions, Expenses and

Orders I'rotnpily Killed. Lllicral Cuih Advances oa
CouHiKuiiieiiis lo rills .\Urket. New York and Liverpool.
sim!cIaI
Attenll n Kl'^en to Culleclloa and
rriiinrit IteuiUtituco mails on itlghl Kzeliaiige al Low'
est^ Kates.

$229,113 18

the

same period

Total

STRAND, QALVESTON, TEXAS.
$1,169,346 37

31st, 1875

.nKIICIIANTS,

COITIItll!«!(l«>N

;

ary, )8i5, to 31st

Mix

nary Ist to December
Less return Premiums

,

VOTTON FACTORS AND nKNRRAIi

_.... $l,.ni,0S9 11

Reinsurance, less Salvages

nor upon Fire disconnected with Marine Risks.
PremluniB marked oil" from Ist JanuLosses

Premiums

S,455,37i 87

Policies have been issued

Life Risks

Total

& Co

Hearne

Ist to

Amount of Premiums eirned f^om JantS.8400:i 83

PEARL STItKKT,

1.35

NCWGASS. UOSKNIiKlM ACQ.,

:

comber, 1875

±

138

with the provisions of the

1814

The Trudleefi, Id conronnity to the Charter of the
Company, suliiuit thj following Sta ement of ita
uStin on the .SIst December, I8;5
Fremiuni? received oo Marine Rittl^fl,

s

nBHOIIANTX,

tO.tl.tllSHIWN

Outstanding Premiums December 3Ut,

York. Jan.

BRO'S,

AND

charter

New

* Co.
MoDt|[Om«r7. Ala.

LiaaAa, Draa

Cotton Fa ct o r

Y.

JS.

Nkw Yobk, January 93, 1816
The following statement of tlio aflaira of Ihc
Company on the 3lBt day of December, 1875. is published

A Co.,-

Orleans, La.

LEHMAN

Mutual Insurance Co.,

ATLANTIC
Mutual

New

&

Co.,

CO.MMISSIOJJ MKltCHANTS,

60 Mone street, Newr York.

Orders In Futures execnted at N, T. Cotton Exchange.

OVBR

5,000 80I.D OF
INGERSOLL'S
UA2iV AND HORSE-POWEB PRESSES
Thej have a world-wide re, u tat Ion and aiuperlority
OTei an othen for balisK tuy. Cotton, Hags and all
othiTkiudB of muterUl. For price lUt and fnl tnfor*
matlcu call on or address tbe manofactiirtrB

INGERSOI«I«
Ulifi£M>OUrr

A BALSTON,

(City cf BrOOldys}, L, I.

J

.

THE CHRONICLR

Till

EDWABD

&

A.Va.

York.

(P. O.

Special attention paid to the execution of ordcra (or

purchase or sale of contracts for future delivery

made on consign

Box

BABCOCK

F.

B.

CO.,

Sc

LIVERPOOL.
AI.SZA.NDBB XAITLAHD.

HACUSBOBB

L. F. 8.

BOBBBT

L.

|

HAITLAND.

New York.

4858.)

Liberal Advances

Co.,

so 'Wall Street, New^ York.
MERCHANDISE DEPARTMENT.
Orders executed at the Cotton Exchanges in New!
Yorlf and l^iverpool, and advances made on ColloifeJ
and otiier Produce consit^ed to them or to their tliii»|
abroad.

BROAD STREET,

No. 39

advances

Co.,

&

Babcock Brothers

General CommlSBton Blercliants,

AND

liberal

&

COTTON FAfirOKS

General Oommlasion Iflerchanta.

of cotton.

DUXB.

AND

Cotton Factors

tlie

B.

BIOB^LBDt.

J..

Wright, Richards

New

Street,

JOHN

WBIeBT.

If .

Stillman,

SBAUBN'S BANK BUILDING,

No: 74 & 76 Wall

Cotton.

Cotton.

Cotton.

Woodward

fFebruftiy 12, 1876.

of Cotton,

made on Consignments

Robt. L. Maitland& Co.,

Wool, Hides. 4c., and upon shipments to our friends
In Liverpool

No. 43

and London.

BROAD STREET, NEW YORK.

ments.

&

Ware, Murphy

Bliss

Co.,

&

Cotton Factors,

Bennet,

Cotton Factors

inercliantii.

mkkchants,

• ommissioN

General Commissioi

Tobacco and

GENERAL

Advances made on ConslgnmentB to

AND

ȣNERAI COMMISSION MERCHANTS
YORK.

Special attention paid to th« exeenlloa of

Future

of Contracts for

orders

W.

31

solicit

Nenr York.

Street,

COTTON

consignments of

and orders for the

Advances made on consignments, and

Stone

Advances made on Consignments to

JAinRS FINLAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.

New

street,

SON, 64 Baronne

Yorlc,

Street,

ail

and Messrs. D. A.

Co., 51

OF THB

CELEBRATED "ARROW"

"TUe American Cottoii-Xle Company*
LIVERPOOL, ENGLAND.

New Orleans.

Robb &

&

80 Wall

Co.,

New

B. B. of the very best quality

W^ALL STREET,

and

Exchange on the CITY

H0TTEN(4nEE &

CO.,

jrlcks. Inclined

19 Sootb William
NEW YORK,

oominissioN

&

Co., Kremelberg, Schaefer

&

Co.,

NEW^ ORLEANS.

&

Kremelberg

mfrchants.

MADB rpON COTTON O0N8IQNED TO
Mesars. J. N.
dc Co.,
LIVERPOOL.

&

R. Smith

B.

Ztna

OOITIMISSION RIBRCHANTS,
44 BROAD STREET, BOSTON,

CAPITAL,

Ifork.

Liberal ftdrancea made on consignments. Prompt
?er8ouaI attention paid to the execution of ordera for
he purchase or sale of contracts for future delivery.

&

friends in

New York,

Havre and Bremen.

to

Jan.

LiabUitles

-

$3,000,000 0(

-

1, '76

-

...

-

§6,792,649 Ol
«246,3§5 5^

DE JERSEY & CO.
Walsh, Thomson

Wall
om

&

doston, Philadelphia, Liverpool,

pages, containing 14 engraved

Illus-

trations, with

INFORMATION FOR STOCK SPECULATORS.

Price

10c. ,

OFFICE,

173

BROADWAY,

N. Y.

JAS. A. AI.EXANDER, Agent.

cloth covers; paper covers free.
dc t!0..

TUIflBRIUKE

Bankers and Brokers,

J

Wail

London

<2^

Globe

Co.,

Street Caricatures.

A new book, 48

BRANCH

Liverpool Cf

SOUTH WILLIAM & 65 STONE STREETS,
Now York.

GAI.VESTON, TEXAS.
Consignments

Assets,

TIT

COTTON BROKERS,

Co.,

COTTON BUYERS,

Liberal Cash Advances on

HOUSES

NEW YORK.

inanchester and LlTerpooI,

AND

toe Laer

Insurance Compan'
OF HARTFORD.

Knoop, Hanemann & Co
62 EXCHANGE PLACE,

New

«c.

constantly

cominissioN merchants,

Co.,

COTTON
125 Pearl Street,

Stock

JOHN W. MASON & CO.,
43 Broadway, New v^rl

Co.,

I.OtJISVII.L.E, KY.
commissioN kierchants.

AOJTAjroBa

BFACH

Pines, Mlnln

Pnrpjses,

lengths are cut.

BAIiTiraORK.

i^treet,

RigKinir

hand, from whicn any deslr^

BANK, LONDON

1811.

E. Rogers

Hoisting

LarRe

PARIS.

Kremelberg & Co.,
commissioN and
NEW YORK.
cotton merchants.
Kremelberg
& Co.,
D.
YORK
NEW
ESTABLISHED
J.

Wm.

Ships,

for

suitable

isnspension Bridges, Guys, Der^

Ne'w York.

Bills of

York,

STEEL, CHARCOAL,

Peet,

Advances made on Consignments. Special atten
tion paid to purchases or sales of " Cotton futures.

}£WELL,HARRISON
& COMPANY,

yew

Wire Rope.

f

York.

St.,

Miscellane ous

,

No. 58

BANKERS AND COMMISSION MERCHANTS,
33 Nasiiaa Street,

SWKNSON,

M.

S.

BANKERS AND COMMISSION MERCHANTS

Co.,

TIE,

MANtlFAOTUBKD PY

GIVEN *

47 Broad Street, Newr York.

bought and

Vorls and Liverpool.

Adams &

_

NEW YORK FOR TUE SAL

SOLE AOENCY IN

COMMISSION MERCHANT

COTTON FACTORS

FINI.AY, KIUIR & CO.,
CALCUTTA AND BOMBAY.

Eakin,

Yt

made on consignments

information

WATTS &

Sawyer, Wallace

ITIessrs.

New

NEW

J
)

O.

Cotton Ties.

Also, execute orders for Merchandise through

old on commission in

fi.

of CottoQj
OrderH executed at the Cotton Kxchinee lor the pun
chase and sale of contracts for future delivery.

Brown'* Bulldlns",

attorded by our friends, Messrs. D.

IQessrs.

FOTUBE CONTRACTS FOB COTTON

1

,

Liberal advances

purchase or sale of future shipments or deliveries

oominissioN hierchants,
Hanover

Co.,

lilTRRPOOL,

Co.,

GENERAL

5

&

j

& 20 Exchange Plaee,|

W

W1L7.1.\MS & CO
GEO.
BanRers&C'omuiisslon Merchants,

Co.,

OHARLKBTON,

made on con-

6c

V F R P O O I.

I

Williams, Birnie
6S BeaTcr St.

&

C. Watts

signments.

Henry Hentz

I.

COMMISSION MERCHANTS,

Delivery.

for the purchase or sale of- contracts for fu'ure
Liberal advances

LONDON ANU

Special attention given to the execution of orders
for the purchase or sale

NEW

51 STONE STREET,

delivery of cotton.

New York.

131 Pearl Street,

St.,

N. Y.

Insurance Company,

™

45 William St.
Assets,

$26,74.0,105 70

In the U.

S.,

$3,000,00

1