Full text of Commercial and Financial Chronicle : February 13, 1875, Vol. 20, No. 503

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

HUNT’S

§kwisijnijre¥,

^

AND COMMERCIAL INTERESTS!

REPRESENTING THE INDUSTRIAL

JF THE UNITED STATES,

NO. 503-

SATURDAY. FEBRUARY 13, 1875.

20

VOL

MAGAZINE,

MERCHANTS’

currency, and for the resumption of specie payment on
the 1st of January, 1879.
The bill proposes to enact
the following provisions:

CONTENTS
THE CHRONICLE.
Mr. Kelley and Fiscal Reform..
The Sinking Fund Protection
Bill

Specie in the United States
Railroad Earnings for January.

149

LatestMonei , v and Commercial
English N .**•

150

Commercial

151
153

News

THE BANKERS’

153

Miscellaneous
.

155

GAZETTE.

That the Secretary of the Treasury shall cause to be prepared
bouds ot the United States bearing interest at the rate of three
and sixty-five one hundredths per cent, per annum, the interest
thereon to be payable semi-aunually or on demand as hereinafter

provided, and that any holder of legal-tender notes of the United
States, on presenting to the Treasurer of the United States, or any
Assistant Treasurer thereof, such notes in sums of not less than
161 $50 ora multiple thereof, shall receive said bonds in like amount
in exchange therefor, and that when any person shall demand of
THE COMMERCIAL TIMES.
the Treasurer of the United States, or any Assistant Treasurer,
169
164 Dry Goods
Commercial Epitome...
170
Prices Current
Cotton
redemption of any ot said bonds, the said Treasurer or Assistant
168
Breaastufls
Treasurer shall pay the principal of said bond or bonds, with
accrued interest thereon, in said legal tender notes, and such
Assistant Treasurer shall forthwith cancel and forward the bonds
thus redeemed to the Treasurer of the United States, in such
manner as may be prescribed
by the Secretary of the Treasury,
The Commercial and Financial Chronicle is issued on Satur¬
and the said Treasurer of the United States shall cancel said
day morning, with the latest news up to midnight of Friday.
bonds so redeemed by bim, and it shall be the duty of the Sec¬
retary of the Treasury to apply not less than seventy-five per
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE.
cent, ot the legal tender no es of the United States received in
The Commercial and Financial Chronicle, delivered by carrier to city
exchange for said bonds to the purchase or redemption of any
subscribers, and mailed to all others:
bonds of the United States, the interest on which is payable in
For One Year (including postage)
$7C 21
For Six Months
6 1)
gold, outstanding at. the passage of this act, or of gold wherewith
Subscriptions will be continued until ordered stopped by a written order to redeem such outstanding bonds as he may, under existing
or at the publication office.
The Publishers cannot be responsible for Remit¬ laws, call for redemption.
tances unless made

Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks, National

Banks, etc
| Quotations of Stocks and Bonds
I New York Local Securities
Investment and State, City and
| Corporation Finances.
I

156
159
160

<2U)e <211) ionic If,

by Drafts

or

Post-Office Money Orders.

Transient advertisements

published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions, a
liberal discount is made. No promise of continuous publication in the best
place can be given, as all advertisers must have equal opportunities. Spec al
Notices in Banking and Financial column 60 cents per line, each insertion.
are

London Office.
The London office of the Chronicle is at No. 5 Austin Friars,

street, where subscriptions ait taKen at the following rates:
Annual Subscription to the Chronicle (Including postage)
Six months’
WILLIAM B.
JOHN e.

subscription

DANA

■4

FLOYD, JR

;

Old Broad

£2 2s.
1 3s.

WILLIAM B. DANA & CO.. Publishers,
79 and 81 William StiW NEW YORK.
Post Office Box 4 592.

C3F" A neat file-cover is furnished at 50 cents; postage on the same is 20
Volumes bound for subscribers at $1 50.
A complete set of the Commercial and Financial Chronicle—July,
1865, to date—is for sale at the office. Also one set of Hunt's Merchants’
Magazine, 1839 to 1871, sixty-three volumes.

cents.

The Business Department of
Financial Interests in New York City

which
public attention, is by no means new in
its fundamental principles, which have been proposed
many times before, and have been as often rejected as
unsound and impracticable.
In what way this project,
were it practicable, could contribute
either ‘*to aug¬

(he Chronicle is represented among
by Mr. Fred. W. Jones.

commend it to

ment

are

the

to increase the

public debt.

revenue

objects of Congress just

now
and to reduce the interest on

the

revenue

or

to

diminish the burdens of the

people,” Mr. Kelley would have no

small difficulty to

The scheme consists of three parts.

show.

First, it pro¬

of greenbacks. This
the finances of the
Secondly, it would repeal the section of the last

poses to issue an unlimited amount
is its chief expedient for aiding

country.

January, 1879, for the resumpspecie payments. This is a logical sequence

finance bill which fixes 1st

tion

MR. KELLEY A\’D FISCAL REFORM,
Two of the chief fiscal

bill, though it has some novel features

This

Advertisement*.

of

from the first
we are

to

proposition.

increase

our

For there is no doubt that if

paper currency we

must put off

Thirdly, Mr. Kelley proposes to stop all
attempts to substitute silver coins for the fractional cur¬
rency now outstanding.
As to the first branch of this
threefold scheme, it has the misfortune to reach quite
beyond the powers of Congress in time of peace. The
act of 14th January, 1875, fixed the maximum of the
greenback issues at 382 millions.
Congress having
established that maximum by a solemn act of legislation,
the limit is fixed, and cannot be changed, except by way
resumption.

A bill aiming to accomplish this
purpose has just been introduced into the
House of Representatives by Mr. Kelley of Pennsyl¬
vania.
Its professed claim to consideration is that it
neither imposes new taxes nor sanctions any commis¬
sions to Syndicates for refunding the securities of the
The plan is self-acting, and in this respect
government.
it is compared to the celebrated act of 1844, contrived
by Sir R. Peel for the Bank of England. Mr. Kelley’s of further reduction.
The Federal Constitution gives no power to Congress
bill proposes to repeal the sixth section of the act of
June-20, 1874, which limits the circulation of United to issue legal tender money except in time of war and
States notes to $382,000,000 ; also to repeal the first and for war purposes.
This cardinal principle of our national
third sections of the act of January 14, 1875, which polity is so well established, and has so often been im¬
desirable

provide for the issue of silver coins instead of fractional plicitly affirmed by



the Supreme Court of the United

150

[February 13, 1875.

THE CHRONICLE

demonstrate its
mentioned, Con¬
gress had prescribed by law no new limits to the green¬
back issues. These limits were fixed at 400 millions by

States, that we need not here stay to
truth.
Prior to the aet of 1875 above

a

surplus to carry out the provisions of the recent
No such needless surplus is here contem¬

Finance law.

plated. The proposed taxation is to raise money for the
Sinking Fund, and for that alone. As the statutes con¬
the war legislation of 1862 and 1863, as was observed by trolling the Sinking Fund have been much discussed of
late, and as by some persons they seem to be misunder¬
Chief Justice Chase in the case of the Banks vs. The
stood, it may be well for us to understand exactly the
Supervisors (7 Wallace 26). Within these bounds the
present state of the law.
greenbacks were limited during the period of 13 years,
It is commonly supposed that there is but one statute
from Feb., 1862, to Jan., 1875.
on the subject, and that Congress has never passed any
After the close of the war the only legislation compe¬
amendment to the law of 25th February, 1862, which
tent to Congress in regard to_ greenback issues was for
first created the Sinking Fund.
This is an error. Two
their withdrawal. In other words. Congress had the
subsequent laws were passed, the last of which, in sec¬
power to diminish the aggregate below 400 millions,
tion 6 of the act of 14 July, 1870, is of the chief import¬
but it could not increase the aggregate beyond 400 mil¬
ance for the present purpose.We will examine these
lions.
By virtue of this power the maximum was re
three statutes in order.
duced 15th January to 382 millions, and when Congress
As already stated, the act of 25 February, 1862, origi¬
again assumes fro regulate or disturb the limits of the nated the
Sinking Fund. It created a war debt of $650,greenback issues, the change must involve a further 000,000, for the security of which it provided that the
diminution.
As the limit was lowered from 400 mil¬
customs duties should be paid in coin.
This coin was
lions to 382 millions, so hereafter it will be lowered from
directed to be used for three purposes only. *First, to
382 millions to some smaller aggregate.
These princi¬
pay the interest on the public debt.
Secondly, for “ the
ples being so well established, we need not examine Mr. purchase or payment
of one per centum of the entire
Kelley’s ingenious expedient of intervertible bonds, debt of the United States, within each fiscal year after
which he regards as an infallible specific against the in¬
the first day of July, 1862, “ the bonds to be set apart
flation of prices by excessive issues of greenbacks.
If as a sinking fund, and the interest upon them to be
Mr. Ivellev’s unlimited issues of new greenbacks cannot
in like manner applied to the purchase or payment of
be had, we need not follow him in his futile attempts
the public debt as the Secretary shall from time to time
to prevent their natural and necessary consequences.
direct.” Thirdly, the residue of the coin received for

is stopped by the barrier of
the Constitution, it is of little consequence how Mr. Kel¬
ley would check the inundation if he could be permitted
As the flood of paper money

to

let it in upon us.
The best part of

customs

ury

duties

was

directed “ to be

paid into the Treas¬

of the United States.”

contemplated the creation of
a Board of Trustees or Managers, who should be em¬
powered and commissioned to carry into effect its pro¬
visions.
No such Board was created, and the law was
a dead letter until Congress, by joint resolution of 17th
March, 1864, gave the Secretary of the Treasury per¬
mission to sell gold from the Treasury, but added a pro¬
viso that “ the obligation should not be impaired to
create the sinking fund, as provided in the act of 25th
February, 1862.”
Congress passed no further laws about the sinking fund
during the war, and no actual steps were taken by the
Administration to establish any board for the manage¬
It is evident that this law

Mr. Kelley’s bill is that which
coinage. Our people do not wish to
spend 40 millions of dollars in the work of substituting
silver coin for their fractional currency. Mr. Kelley has
also some excellent ideas as to the importance of pro¬
tecting the money market against such troubles as are
inseparable from incessant changes, arbitrary power, and
unlimited authority in the Treasury.
To these sound
views, in all probability his self-acting scheme for regu¬
lating the currency, owes its origin. '
But in guarding against a single foe he would let in a
legion. Much as the public wish to lighten their fiscal ment of any#such fund. During all this time the coin
burdens, and to diminish the interest on the national debt, received for customs duties was paid directly into the
they are too intelligent to pursue that object by the delu¬ Treasury, and was used for the ordinary disbursements
sive path of paper money, even had not that path been
of the Government.
On the 12th May, 1863, Mr.
closed by the Federal Constitution.
Boutwell, who was then Secretary of the Treasury, pur¬
chased one million of bonds for the sinking fund at 83’22
THE SINKING FUND PROTECTION BILL.
in coin. This was the first transaction under the Sinking
The last of these transactions took place
The Committee of Ways and Means have just re¬ Fund law.
ported their new bill for the protection of the Sinking- under Mr. Kichardson, on the 24th September, 1873.
Fund. The difficulties which obstruct legislation on the The bonds purchased during the interval of nearly four
subject are certainly perplexing. The bill would scarcely years and a half amounted to $323,253,800, and cost in
have been proposed at this late period of the session if the gold about $307,702,207.
Since September, 1873, no
bonds have been purchased for the sinking fund, inas¬
Secretary of the Treasury had not pressed it very ur¬
gently upon the attention of the Committee. Under this much as the Treasury has had barely sufficient revenue
pressure there seemed to be no alternative but to refer the to meet its other disbursements, the surplus last year
whole question to Congress, in whom the supreme re¬ amounting to no more than $2,344,882.
We are now prepared to examine the third law which
sponsibility rests. The proposition of the Committee
as
expounded by Mr. Dawes in the House on Thursday was passed to regulate the sinking fund. It is extremely
is simply to fulfil the obligations incurred to the public important, and constitutes the 6th section of the
creditor under the Sinking Fund law. For this purpose funding law of 14th July, 1870. This law was passed
35 millions of dollars are computed to be necessary, and when Mr. Boutwell, after carrying on his bond purchases
^axes to that amount are proposed in the bill. The during fifteen months, had accumulated about 131 mil¬
Committee thus meet the objection to which we referred lions in the sinking fund.
By this statute, which is as
last week, lhat jmblic opinion would refuse just now to follows, Congress required these bonds to be cancelled,
sanction any new taxes for the mere purpose of creating instead of being allowed to accumulate as before :
refers to the silver




February 13,
Sec. C.

THE

1875]

And be it further

CHRONICLE. ~

151

/

If

in excess of our exports?

enacted, That the United States bonds production and imports

truth in the statements published, we have
purchased and now held in the Treasury in accordance with
the provisions relating to a sinking fund, of section five of the accumulated
many millions during that time, while our
act entitled “An act to authorize the issue of United States notes,
visible supply has decreased. But let us look at the sub¬
and for funding the floating debt of the United States,” approved
February twenty-fifth, eighteen hundred and sixty-two, and all
ject more closely.
other United States bonds which have been purchased by the
The Banks of the United States on the 1st of January,
Secretary of the Treasury with surplus funds in the Treasury,
and now held in the Treasury of the United States, shall be can¬
1860, (not including California,) held in specie $83,594,celed and destroyed, a detailed record of such bonds so canceled
and destroyed to be first made in the books of the Treasury 537, and on the 1st of January, 1S59, they held $104,Department.
537,818, or say for the two years an average of $94,000,Any bonds hereafter applied to said sinking fund, and all other
During the same period the balance in the Sub
United States bonds redeemed or paid hereafter by the United 000.
States, shall also in like manner be recorded, canceled tnd
Treasury was about five or six millions. Ilence we have
destroyed, and the amount of the bonds of each class that have
a visible supply, say in 1859, of about $100,000,000.
As
been canceled and destroyed shall be deducted respectively from
the amount of each class of the outstanding debt of the United to the amount then in the hands of the people, no accu¬
States.
On a previous occasion we esti¬
In addition to other amounts that may be applied to the rate data can be given.
redemption or payment of the public debt, an amount equal to mated it at one-half the bank circulation; which, being
the interest on all bonds belonging to the aforesaid sinking fund
on the 1st of January, 1860, $207,102,477, would make
shall be applied, as the Secretary of the Treasury shall from time
to time direct, to the payment of the public debt, as provided for
the supply of specie in the States outside of California
in section five of the act aforesaid.
And the amount so to be
at about $200,000,000;
The director erf the Mint in 1861
applied is hereby appropriated annually for that purpose out of
the receipts for duties on imported goods.
estimated the stock of coin in the country at $275,000,Such is the past legislation in regard to the sinking 000.
We do not know how he made up his estimate,
fund. Two questions arise in regard to it. First, has but we believe it included California.
Secretary Chase,
the sinking fund been abandoned ? To this we reply in in his annual report of 1862, gave $210,000,000 as his
the negative.
Franee and England have each in turn opinion of the supply.
What has been the movement since 1859 ? The con¬
given up their sinking funds ; but the United States has
not as yet even proposed to adopt such a policy.
In¬ tribution of the mines for the years 1848 to 1873, both
deed, there is no doubt that if the sense of our people inclusive, has been compiled by Urofessor Rossiter W.
could be taken on this subject there would be an'
Raymond, U. S. Commissioner, and there appears to be
almost unanimous opposition to abandon the security no reason for questioning his figures; for 1874 the state¬
so solemnly given by three successive statutes, except in¬
Co. is generally accepted
ment of Messrs. Wells, Fargo
deed some equivalent support could be added to sustain as authority. Using, then, these returns as the basis of
the credit of the Government.
It is not pretended that our examination, we may obtain the following as the
any such equivalent can be given. .We may dismiss, the production of gold and silver in the United States
therefore, the hypothesis of abandoning the Sinking since Jan. 1, 1860 :
Total.
Silver.
Gold.
Fund. It remains that this fund should be kept up by
46.150,000
150,000
46,000,000
taxation. We by no means approve of the details of I860
45,000,000
2,000,000
43,000,000
1861
43,700.000
4,500,000
Mr. Dawes’ bill, but if it is rejected the obligation of 1862
o9,200,000
there is any

.

providing a'substitute, and of devising some other expe¬
dient of equal value for protecting the credit of the
Treasury, will return with new force in the next session
of

Congress.

40,000,000
46,100,000

1861
Total to Jan. 1,

1805

1865

of specie from this port, and the
decrease in the amounts held by our banks and SubTreasury, are looked upon by some as indications of a
speedy exhaustion. Without doubt the demonetizing of
gold and silver in any country always has a tendency to
drive the precious metals away from that country ; their
use is much restricted, and their relative value—that is,
their value as compared with ordinary commodities—
depreciates, so away they go to a better market. Still,
our production of gold and silver is large, and we can
The recent exports

1868...'

$26,150,000
11,250,000

$240,450,000

35,750,000

66.000,000
65,500,000
01,750,000
71,750,000

35,681,411

74,401,055

1, 1865.... $160,169,644

$194,931,411

$655,101,055

1,’75. $674,469,644

$221,031,411

$895,551,055

1872

1873
1874*

Total Jan.,’60 to Jan.

detailed

23, 1875, page

60.000,000

62,500,000

1871

The

13,500,000
12,000,000

64,475,000
63,500,000
65,225,000

16,000.000
22,000,000

187C

Total since Jan

10,000,000

13,000,000

1S69

*

57.100,000

53,500,000
51,725,000
48,000,000
49,500,0()0
50,000,000
43,500,000
36,000,000
36,000,000
38,719,644

1866

UNITED STATES.

48,500,000

53,225,000

1867

SPECIE IN THE

8,500,000

11,000,000

$214,300,000

1863

,

statement for 1874 will be

25 750,000

found in the Chronicle,

January

79.

frequently included is the
amount emigrants bring with them. We have on a pre¬
bear a very considerable drain.
No doubt it is desirable vious occasion given our reasons for considering, the
that we should keep our supply at home, preparatory to
commonly received estimates on this point, exaggera¬
returning to a specie basis, and such would be its natural
tions. For instance, we find it stated in a speech made
tendency were there any indications that we seriously in the Senate in 1868 that $160,000,000 had been brought
entertained any such purpose. In that case everything
into the country in the pockets of emigrants during the
would adjust itself to that end, precisely as is now taking
previous eight years. When we consider, on the one
place in France.
hand, the ease with which bills of exchange are obtained,
But our present purpose is not a discussion of these
and on the other the large number who come expecting
questions. We desire simply to bring together a few to find immediate employment, and requiring assistance
figures, the most of which are familiar to our readers, to if
they do not, we cannot but think that our former
show that we have even now, notwithstanding our loose
figures of an average of $25 each must be taken as more
and lavish policy, a very considerable reservoir of pre¬
than covering the supply from that source.
To balance
cious metals to draw from.
Where it all is, may be a
this there are from thirty to fifty thousand of our people
question for future examination; and yet, even if we every year
who make a tour of Europe, and take with
should not make that point clear, it by no means weak¬
them not less than $150 each in coin; while many others
ens the results our figures reach.
We might ask, where
carry small sums into Canada, making in the aggregate
is to-day the supply of the last two years—that is, the




One other source

of supply

152

THE

[February 13,1875,

CHH0N1CLK

Taken together, then, we be¬ able supply now on hand can be determined. Some
nearly balance one another, portion of the above has been manufactured during the
that it is not necessary to bring either into the account.
fifteen years under review, but precisely what portion
As to the foreign movement of coin and bullion during cannot be definitely stated.
It strikes us, however, that
the period under review, the official figures show a total very wild guesses are current on that subject.
We
of exports amounting to $1,041,049,142, and of imports have seen estimates published as high as $20,000,000
amounting to $246,689,204. The statement in detail is per year. The only proper basis for an opinion is the
as follows:
census returns, and those figures are more likely to be an
over statement than an under statement, as the inclina¬
Specie Exports and Imports from .Tune 30,1859, to Jane 30,1874.
EXPORT
DOMESTIC PRODUCT.
tion of every man is to magnify his business when
Coin.
Bullion.
describing it to another. We do not, however, find the
Year.
Gold.
Silver.
Gold.
Silver. precise figures we need in the census. The jewelers^
1860
$26,0 33,678
$30,913,173
silversmiths, &c., are put down as using material of a
1861
10,4 88,590
13,311.280
certain value.
What proportion of that material was
1862
*17,7 76,912
*13,267,739
44,608,529
11,385,033
$86,148,921 $2,502,551 $10,985,703
$836,387 gold and silver is not stated, and we have had to obtain
Total to 1865
$185,056,630 $2,502,551 $79,862,928
$836,387 outside information to determine that question ; that is
35,023,856
1,685,676
14,440,865
674,880
49,395,993
1,683,059
20,731,473
10,832,849 to say, the total material being given, what proportion
1867
22,362,035
2,892,990
13,867,641' 15,853,530 would be
gold and what proportion precious stones, <fcc.
1863
23,841,155
2.536,506
44,390,003
12,978,311
1869
14,858.369
899,763
13,584,407| 13,573,427 With this
explanation, we give the actual figures of total
.1870
3,554,329
12,768,501
15,812,103! 11,748,864
2,535,765
55,491 719
9,089,959; 17,285,916 material of all kinds
used, as per census of 1870, with
1,691,081
7,986,145 ' 22,729,657
40,391,357
35,661,863
1,674.442
8,810,175' 27,759,066 our own estimate thus made
up of the portion of that
3, *78,543 j 22,498,782
28.766,943
4,555,418
Total from 1860
1 +524,167,269 26,211,580 +211,905.399' 156,771.669 material which was gold and silver:
very considerable item.
lieve these movements so

32541768811

a

,

472566888111
7

24781

OF

|

.

.

&

Total

*

Gold only.
+ In 1860, ’61 and ’63 the
do not separate them.

gold Includes gold and silver

EXPORT

OF

FOREION GOLD

as

the official tables

Bullion.

Year.

Gold.

1860

Silver.

$1,448,007
1,992,443
4,395,252

1861
1862

Gold.

J

Silver.

Total Export
of Coin
and Bullion.

$621,773

42,826'

$51,181

2.322,996

$35,093

6,700

$66,546,239
28,164,835

40,092;
550!

$8,065,107

33,449:

1,145'

$15,183,795

$91,330

721,865
2,256,529
3,076.286
5,703,873
6,128,518
9,213,829
11,934.099
5,744,003
10,232,556
5,508,785

1,900:

$119,706}

$301,151,866

1,396,934}

Total to 1865...

44,812,0691

76 003,138

$17,498,539:
1,799,142'

1,036,989}

2,796,951
4,070,678;

7,541.576'
5,015,575

2,104,530’

1,166.478|
384,677

Total from 1860
*

32,854

...

54.348,184

.

94,508
19,146

75,325
18,939
169,068
233,174

86,044,071
60.868,372
98,784,102

2.682

....!

,...|
164,033
85,795
25,000

58,155,666
98,411,988
79,877,5214
84,608,514
66,630,405

893,722

1,041.049,142

39,778
|

•U80

284,296

57.138,380

Copper coin included.
IMPORTS.

Coin.

Bullion.

Total Coin
and Bullion.

Year.
Silver.

IGold.

Gold.

Silver.
■

$2,015,595

$5,541,406

$493,187

$499,943

13,588,052

283,855

40,908

12,497,283

1860
1861
1862

2,258,433
4,004,031

1,4.1c,728

112,498
249,608

3,651.31+
8,664.134
Tot d to 1865...

1866

$8,550,135
14.025,313
16,415,052

1,879,222
2,512,635

49,536

9,584,105

66,716

13,115,612

$40 416.381 $13,959,852 $6,335,690
753,211
5.092,24f
22,761

$978,301
1,352,077
43,654
61,998
90,410
55,142
162,432
105,836
380,909

$61,690,217

6,969,712

15,053,221
6,952,90"
13,241,63£

li;376,19l

1,872,127

2, .‘144,661
4,983.611
5,360,515
5.620,166
14,199.797
14,288,627
4,645,322
12,326,775
8,114,086

971,129

1,971,645
1,784,536
890,930
68 *,760

7,225.377

10,329,156
22,070,475
14.188,368
19.807,876

26,428,179
21,270,024
13,743,689
21,480,934

$15,501,845

$5,010,000

Pens and

Plated

64,156,611
105,396,541

6,169,276
3,493,561

3,771,981

900,000
150,000
50,000
10,000
3,000,000
400,000

Watches

36,887,640

*1,407,645
1.993,223
1,394,824

$500,000

...

pencils
Spectacles and eyeglasses, steel and gold....
Jewelry

Estimated

1,222.428
332,729
181,740
183,830
9,187,364

gold leaf and foil

Silverware
Coin.

silver.

Census 1870.

Manufactures of

SILVER.

AND

Gold and

material used.

...

ware

...

Total

.

..

'

If there is any reliance to be placed in the returns for
this department of the census—and we know no reason
for

questioning them—the amount of gold and silver
1869 (the year the
census covers) could not exceed five
million dollars. In
I860 the total would be considerably less ; hence, if we
put the average for the fifteen years at $4,000,000, we
think we shall not underestimate the actual consumption
during the period in question.
which entered into manufactures in

We thus reach the conclusion that the stock of coin
and bullion in the United States

the first of

January,
(not counting the supply in California in 1860) must
have been about $250,000,000, or say fifty millions of
dollars more than in 1860, Avith the prospect of receiving
on

1875

about 75 millions from the mines this year.
For those who believe that there is no specie
States except what is in the banks and
this further fact will be of interest,

in the
in the Treasury,
that

since

the

of

July, 1878, the receipts from the mines with
471,715
imports have up to January 1 been about $40,000,000
28.454.906
837,683
more than the exports, and yet the visible supply is con¬
Total from 1860
137,182,044 1 86,588,703 18,378,300 4,540,157
246,689,204
siderably less, as may be seen from the following state¬
In addition to the abov e, very possibly there were ex¬ ment.
The imports and exports for the last six months
ports of specie direct from the South during the war, but of 1874 are only for New York, as the complete figures
the amount thus going out of the country must have are not
yet made up:
been trifling, and would not materially affect the result.
Receipts from mining for eighteen months, being the whole of
We have, however, divided all of the above tables with
of 1874 and the half of 1873
$110,278,000
Imports fiscal year ending June 30, 1874
28,454,906
the year the war closed, so that any who desire may
Imports six months ending January 1, 1875 (N. Y. only)
3.896,921
5,7u6,174
7,345,251
7,139,854
17,888.468

1873

1,177,387

1,372,207
1,542,593
1,614,669

first
the

......

make deductions from the movement since that date.

The conclusions will

be found to be

quite similar to
those we have drawn.
Collecting together, then, the
foregoing items, the following result appears to be
reached:
Specie in the Atlantic States in 1869
rnports during same period
Total supply to Jan. 1, 187 >

Total

surplus

.

301,191,117

One further deduction must be matje before the avail¬




Excess of

In

$1,342,240,259
1,041,049,142

Exports of specie for the fifteen years

imports eighteen months
Exports fiscal year ending June 30, 1874
Exports six months ending Jan. 1,V75 (N. Y. only)
Total exports eighteen months
new

98,233,967

*

$41,393,860

.

27,950,086

.

87,507,402

Treasury, June 30, 1873
Total visible June 30,

1873

January 1, 1875
Treasury, January 1, 1875

In banks,
In

$66,630,405
31,603,662

supply over exports in eighteen months

Visible supply—
Iu banks, June 13, 1873..

$200,000,000
895,551,055
246,689,204

Received from mines since

$142,627,827

Total from mines and

Total visible January 1, 1875
Decrease in the eighteen months.,,

$115,457,498
22,436,761

82,587,449
$105,024,210

10,483,278
\
V

153

THE CHRONICLE

1875.1

February 13,

that in visible supply there was a de¬
of ten million dollars, while in the new supply

[From our own correspondent.]
London, Saturday, Jan. 23, 1875.

The above shows
crease

the market there was an increase of thirty-five
millions, after allowing nine millions for manufacturing
thrown on

'

purposes.

RAILROAD EARNINGS IN JANUARY.

have

railroad earnings for January

The returns of

-

Money continues in abundant supply

and, in the

market

open

nearly one per cent,
beneath those current at the Bank of England; but the directors
of the Bank have decided on making no alteration in their rates
of discount. The minimum quotation remains, therefore, at four
per cent. Alter making two successive reductions of one per
cent., it is no doubt judicious on the part of the Bank authorities

the rates for the best three months" bills are

to pause, more especially as the exchanges are less favorable to
few and straggling. We only notice three roads us, and as there is an increasing demand for gold for export. We
in the list whose stock is dealt in to any considerable all know that the close connection between the principal money
extent in this market.
All the roads, except three, show markets, and the magnitude of the operations now conducted,
a decrease in their traffic of greater or less
importance, lead to speedy changes, and the Bank directors must, therefore
be accounted prudent in delaying for the present any further
and it appears fromthis exhibit that the opening month

been

has not been promising. The severe weather
and prevailing quiet in business, as well as the lower
freight rates,, have apparently been the chief influences
affecting railroad business, and it is hoped that all of
these will be of temporary duration.
of the year

EARNINGS

RAILROAD

1875.

IN JANUARY.
1874.

$105,436
890,000
33,790
116,542

Burlington, Cedar Rapids & M.
Cm., Lafayette & Chicago
Indianap. Bloom. & Western..

135,008

4,835
35,253
10,273
8,535
7,612
50,333
19,048
21,848

131,110

162,737
216,000
249,250

International & Gt. Northern.
Kansas Pacific.Missouri. Kansas & Texas....

41,442

151,795
145,281

122,575

Indianapolis, Cin. & Lafayette

$2,867

$

848,558
38,625

Central Pacific

Ohio & Mississippi.
St. Louis, Alton & T.H.(main)
branches
do
do
St. Louis, Iron Mt. & Southern
St. Louis & Southeastern

Increase. Decrease.

$108,303

266,333

.....

170,349
■

268.298

...

....

57,131
266,395
*62,088
71,437

99,724
38,608
250,074
77,273
96,794

16,321

£2,566,265

$2,691,123

$76,288

77.876
”

Toledo, Peoria & Warsaw

18,525
•

.

15,185

.

25,357

$201,146
$124,858

Net decrease
*

Three weeks

extremely quiet, and until the relations between em¬
ployers and employed become more satisfactory, there will be
but little dispositiod shown to embark in large contracts, for fear
that some trade dispute should prevent them being executed.
Business in Spring goods ought now to be assuming a considerable
degree of activity ; but, as yet, no animation has been apparent,
purchases being effected with considerable caution. It is probable,
judging from the present appearance of affairs, that the season
for Spring goods will pass by without any special feature pre¬
senting itself. Those—and they were many—who, as one of the
results of a bountiful harvest and of a heavy fall in the price of
wheat, looked forward to a more prosperous and active trade#
have, thus far, been greatly disappointed.
The supply of money seeking employment being largely in
excess of the demand, the rates of discount are easy, as follows:
remains

The

GROSS EARNINGS IN

1874.

Fe..

298,406
62,171

Atchison Tcpeka & Santa
Denver & Rio Grande

Total
Net increase

....

$1,389,954

.

EARNINGS FROM JANUARY

6,922

247,538

50,868
10,802
138,327

51,369
758,832

1

$1,252,428

Fe..

3,842,067

10,559.880

10,266,104

(excluding D.&R.G.) $16,144,728

$16,112,942

$366,934

.

764,522

$335,148

earnings of these roads were as follows :
-Twelve months.—,
December.-

Atchison, Top. & Santa
Denver & Rio Grande

Fe.. $52,468
13,989

Indianap. Cin. & Lafayette
Philadelphia & Erie

.

54,370

164,425

1873.

1874.

1873.

1874.

$32,449

37,638

$482,342

$693,327
702,013
1,068,786

9,013

61,155

428,756

®ngltsl) Nctt0

.Cutest Ulonetart) anir (ttaiumerrial
RATB8 OF

335,148

•

•

$31,786

Net increase

The net

.

EXCHANGE AT LONDON, AND ON
AT LATEST DATES.

EXCHANGE AT LONDON—
JANUARY 22.

.

Per cent

a

statement showing the present

LONDON

Circulation, including
bank post bills
Public deposits
Other deposits
Government securities.
Other securities
Reserve of notes and
coin
Coin and bullion in
both departments....
Bank-rate

13,925,669
15,981,360

14,696,099
16,632,583

13,289,047

14,791,S48

14,556,019 12,288,231

11.321,838

23,073,396
3% p. c.
92%d.

22,524,638

24,255,864
4,360,836
20,194,659 23,160,520

TIME.

-

21,782,952 24,777,888 24,698,004
4 p.
3
92%d.

Amsterdam...

Antwerp
Hamburg
Paris
Paris
Vienna
Berlin
Frankfort

short.
11.14%@11.15%
3 months. 25.42%@25.47%
20.68 @20.73 j
short.
25.12% @25.22%
3 months. 25.42% @25.47%
•

....

•

•

•

•

Cadiz
90

Lisbon

days.

3 months.

Milan
Genoa

l(

1%

Naples
New York
Rio de Janeiro

•

..

Bahia
Buenos Ayres..

•

•

.

•

44

•

•

•

Jan. 22.
44

••

•

••

110.50
20.45
20.45

,

.

•

•

.....

'

•

.

s

©

Jan. 15.
Dec. 17.

60
90

days.

$1 86%

days.

26%@26%

•

•

.

•

.

.

*

,

• •

'

•

Montevideo...

Bombay...

^

60

days.

Calcutta
Hong Kong...
3

0

id%<f.

is.
Is. 10% d.
4s.
0 %<L
5s. 6 %d.

^

^

Jan. 14.
Jan. 11.
Jan. 7.
Jan. 7.

....

6 mos.
•

•

«

•

....

....

•••'

Jan. 12.

3 mos.

.

.

Is. 10% rf.
Is. 10% d.
4s.
5s.

2y,d.

8%<L
....

....

4s.

....

Alexandria....




....

0%cL

55s. 8d.

92% d.
55s. 9d.

4 p. c.

92% d.
44s. 6d.
7 ll-16d.

62s. 6d.

The

for money at the

following are the rates

abroad:

3%
8%

5

Frankfort
Vienna and Trieste....
Madrid, Cadiz and Bar¬

4%
4%

4
3%
4

4%

Open
market
per cent, per cent,
rate,

Turin, Florence

Oporto..

and

12.96%

4%
4%
3k
4%
4%

5
6

Rome

Antwerp
Bremen

3%

Leipzig

5
5
5

Genoa
Geneva

Copenhagen
6@5
6
New York.
4
4
Calcutta
St. Petersburg
5% 5%
Brussels
4
3%
The supply of bills upon Continental cities
celona
Lisbon and

leading cities
Bank

market,
per cent, per cent.
rate,

4
3%

ll%d.

149,196.000

5@5%

4

5@5%
5@5%

6%

.

being very small ^

Paris,

gold has been lately purchased for transmission to
the rates of discount on this side tend strongly downward
there is some reason to believe that the demand will increase.
There is also an improving inquiry for the means of remittance
to India.
India Council bills have realized an advance of l-18tli
the rupee, and the value of silver has had an upward tendency.
The following prices of bullion are from Messrs. Pixley & Abell’s
some

....

....

92% d.

English wheat
52s. 9d.
8 l-16d.
10% d. 9 15-16d.
Mid. Upland cotton....
8 l-16d.
No.40 mule yarn fair 2d *
la. 3d.
Is. Ik'd.
Is. 3d.
quality
Is. l%d.
Clearing House return. 65,466,000 108,679,000 112,875,000 137,187,000

and

•

Valparaiso

.

....

Pernambuco..

Shanghai
Penang
Singapore

25.16

44

48% @48%
52% @52%

28.00@28.10
28.00@28.10
28.00@28.10

3 mos.
short.

<<

20.69 @20.71
32 9-160-11-16

11.82
25.14
20.25
...

....

•

•

•

•

•

3 mos.
short.

•

•

11.32% @11.37%:
20.68 @20.73

St. Petersburg

U

short.

c.

p. c.

2% p. c.

Hamburg

DATE.

Jan. 22.

24,486,411

Bank Open

RATE.

£

26,172,662 26,528,012
3,924,933
4,854.041
8,282,177
18,577,751 20,586.533 19,675,471
13,270,325 14,795,266 15,148,022
17,397,530 16,719,458 15,359,310

25.389,832
4,647,244

Berlin

ON

1874.
£

1873.
£

1872.
£

£

Consols

Paris
Amsterdam
TIME.

position of the Bank

England, the Bank rate of discount, the price of Consols,
quotation for English wheat, the price of Middling
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and the Bankers’ Clearing House return, compared with the
four previous years :
1875.

EXCHANGE ON LONDON..

LATEST

RATE.

3 @....
3 @. ..
3%@ ...
3%@....

Jointstockbanks
Discount bouses at call
Discount bouses with7 days’notice
Discount bouses with 14 days’notice...

1871.

60,979
293,776

St. P. & S. O. & S. C. & St. P.
Union Pacific
Total

$

376.959
3,506,919
825,501

Philadelphia & Erie

•

Decrease.

$12,179

$1,240,249

count houses are as

banks and dis¬

of

Increase.

1873.

3%@...

allowed by the joint-stock
under :

The rates of interest

bills

the average

31.

TO DECEMBER

3%@...

days’ bills

months’bills

Annexed is

$229,841
$229,841

$1,160,113

1874.

Atchison Topeka & Santa
Denver & Rio Grande

$

$22,922

23.071

897,159

Union Pacific

Decrease.

Increase.

$79,303

$102,225
29,993

Philadelphia & Erie
St. P. & S. City & S. C. & St. P.

DECEMBER.
1873.

3%@8%
6 months’bank bills.
3%@3%
4 and 6 months’ trade bills. 3%@4
4 months’bank

4

Open-market rates:
3

following earnings for December, and for the
twelve months ended Dec. 31, have lately been given out
by the respective companies:

Percent.

Percent.

Bank rate
30 and 60

only of January in each year.

of this country, however

The trade

downward movement.

as

circular:
Bar Gold
Bar Gold,
Bar Gold,

s.

GOLD.

....peroz.
fine
refinable

Spanish Doubloons
Doubloons
United States Gold Coin

South American

standard.

per oz standard.
peroz. standard.

Per oz<
Per oz.
peroz.

77
77
77

d.
s. d.
9 @ ...
9 <a ....

11%®
...

73
76

8
4

@
@

@

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

....

154
Bar Silver, Fine
Bar Silver, containing
Mexican Dollars

4 9% @ ....
4 10 1-16© ....
4 8% © —

per oz. standard.
do.
peroz — do.

5 grs. Gold.per oz

per oz..nnne here
per oz.. none here

Spanish Dollars (Carolus)
Five Franc Pieces

STERLING BONDS.

AMERICAN

8. d.

d.

8.

SILVER.

[February 13, 1875,

CHRONICLE

THE

Redm.
.1910

ST

certs, (a),

..1890
.1874
1.1902
1.1903
,.1876
.1895
,.1902

7s.
do.

Grant & Sampson was brought to
a close on Monday last, the jury finding a verdict for £500 against
the Times tor libel. The jury were also of opinion that Baron
Grant had not influenced Mr. Sampson to write the articles com¬
plained of. In spite, however, of this verdict, Mr. Sampson
the Times have conferred a great benefit upon the community in
exposing a great swindle, for which benefit the Times has
honor of paying £500 and the costs of a protracted suit. The
case has excited more than ordinary interest from the fact that
The action of Rubery vs.

Do.

Illinois

sinking fund, 5s
Illinois Missouri & Texas 1st mort.

Lehigh Valley consol, mort. liA,”
Louisville & Nashville, Gs
Memphis & Ohio 1st mort. 7s

;t

in

M

has been somewhat

but
Spanish stock is still rather firm, notwithstanding that there is at
present but little hope of the public creditors being paid. United
States Government securities have not varied in price to any
important extent, but Erie and Atlantic and Great Western securi¬
Turkey and Montenegro;

Union Pacific Railway, Omaha Bridge, 8s..
United New Jersey Railway and Canal, 6s

moderate
securi.

92 %@ 92%
1381 197 ©108
1382 103%@104#

United States, 6s
Do
5-20 years, 6s
Do
Do
Do
Do
Do
Do
Do

6s
6s
6s

1867,1371,346,350 iss.
5s

funded, 5s
10-40, 5s....
Louisiana, old, 6s
Do
Do
Do
Do

new,

1884
1885
1885
to Feb. 27/69, Gs.1887
1874
1881

Virginia stock 5s

20
25
101
99
99
99
99
99
40
33
1905 47

,,

funded 6s

BONDS AND

AMERICAN DOLLAR

Atlantic & Groat
Do
Do

Atlantic

Western 1st M.,

SHARES.

$1,000, 7s...1902

2d mort., $1,000,
3d mort., $1,000

7s..1902
1902

7%@

8)4

8%@
47

@ 89

Cent.Raihvay).19!1
mort., 6s
1896

85
85

@ 87
@ 87

85
85

@ 87
© 87

(Tunnel) 1st mortgnge, 6s,

California & Oregon

Div., 1st.

1892

gold bonds, fis

1875

1875

countersigned by Union Bank of London
Do preference, 7s
Do convertible gold bonds, 7s
Do 1st mortgage, 7s
Do 2d mortgage, 7s
Do 3d mortgage, 7s
Galveston & Harrisburg, 1st mortgage, 6s
Illinois Central, $100 shares

1904
1897
1879

1883

1911
Do
6s
1875
1875
Do
7s
1891
Marietta & Cincinnati Railway, 7s
Michigan Cent., Sinking Pund, 1st mort, 8s
1882
Missouri Kansas & Texas, 1st mort., guar, gold
1904
bonds, English, 7s
Mississippi Central consol, gold bonds, 7s... .1912
New York Boston & Montreal, 7s
1903
New Orleans Jackson & G.N. con. gold bds, 7s 1912
New York Central & Hudson River mortg. bonds..
Pennsylvania, $50 shares

7s

Do.
1st mort., 6s
Philadelphia & Reading $50 shares
Pittsbnrg Fort Wayne & Chicago

*

1890
18S0

equipment

Co.). 8s
7s
Union Pacific Railway, 1st mortgage, 6’s

bonds (guar, by Pennsylvania
Union Pacific Land Grant 1st mort.,

60
55

....©

Do

New York Central $100 shares
Oregon & California, let mort.,

@ 84
@ 65
@ 60
26%@ 26%

82

1889

1893

....

@ 46
@ 65
....© ...
© ....
....© ....
73 @ 75
87 @ 89
..,.© ....
88 @ 92

44
63

...

@101

99

..©

.

@ 48

43
•

•

....

.©

•

....

....©
44 @ 46

© 65
©

...

.

.

..©

....
....

.©

..

•

.

.

....

@ 48

43

.

....

@

....

•

©

103

,

.

,

,.©

—

@106

10i%@105%

@106
@104

104%

a. 105%
@104
.©
60 @ 64
96 © 97
81 © 83

103

....

60
96

81
87
94
96
92
61
55
98

© 64

© 97
@ 83
© 89
© 95
© 93
@ 93
© 63

.©

103

.©

...

93%@ 90%
87 @89
98 @100

103

.

© 93
© 98

92%@ 93%
61 © 63
55 © 65
98 ©100
79 © 81
101 @103
87 © 88

@ 65
©100
79 ©181
101 @103
88 © 89
...

,

.

92
96

@105
@105

.©

....

93%@ 94%
87 © 89.
98 @100
80 @ 82
07%@ 98%
©105
@ 90
©
96 @ 98
83 @ 85
100 @102

10 4
89

99%@1<)0%
@ 92

91

91
95
95

83
101

@ 93
© 97
@ 97
@ 85

@103
97%@ 98%
93
@ 94
84 @ 86
95
92

103
103

@ 97
@ 94
@105
©105

January, 1872, to January, 1874.
Rothschild & Sons have introduced a new loan of
£5,000,000 for Brazil, the whole of which was rapidly
The subscription list was, in fact, only.open for one day.
price of issue is 96.}, and the rate of interest
per
annum.
It is not stated for what purpose the money is required.
The debt of Brazil will now be nearly £20,000,000.
Messrs. Louis Cohen & Sons announce that they are authorized
by the San Paulo and Rio de Janeiro Railway Company to
subscriptions to an issue of £600,000 six per cent,
bonds of £100 each, redeemable at par in thirty years. The price
of issue is 96 per cent.
The city of Ancona, in Italy, has come forward for a loan
£145,500 in £20 bonds, which are to ba issued at £15 8s. each.
bonds are to bear 5 per cent, interest per annum, and are to be
redeemed at par in fifty years.
The weather has continued very mild, and the wheat trade has
remained dull—a further decline of Is. to 2s. per quarter having
taken place.
The supplies, actual and prospective, are large, aud
if the growing crops make satisfactory progress, there
appear to be no hope of any improvement.
Feeding
ever, are dear—the supplies coming to hand being quickly
disposed of. This, of course, is due to the scanty
grass
last year, and to the diminished importations of Indian corn.
quantity of wheat now afloat is estimated at
against l,512,83(Fquarters lagt year.
The following figures show the imports aud exports of cereal
produce into and from the United Kingdom since
from September 1 to the close of last week, compared with the
corresponding periods in the three previous years :
*Ex 5 coupons,

Messrs.

5

subscribed
The
cent, per

receive
debenture

of
The

The
1,623,040 quarters,

IMPORTS.
1874-5.

cwt. 15.580,891

Wheat

6,942.689
3,881,331
830,642
959,650
4,537,343
3,085,853

Barley
Oats
Peas
Beans
Indian Com

Flour

....

101%@102%
92 @ 93
21 @ 23
49 © 50
92 © 96
49 © 50

97
84

@ 99
@ 86

97
82

@ 99
© 84

83

@ 85

8%

@ 85

1873-4.

18,165,486
3.513,978
3,497,232
348,980
2,198,568
6,698,353

2.367,639

c

1872-3.
21,003,461

7,506,607
4,025,642
620,243

1,032,348
9,558,974

1871-2.
19

325,048

4,651,959
3,809,180
427,477
1,552,430
8,452,683

2.762,114

1,458,495

115,441

1,709,726

4,735
25,042
3,185

4,688

EXPORTS.

...

...

101%@1G2%
92 © 93
23 @ 25
50 @ 51
92 © 96
5C @ 51

...

....©
....©
72 @ 74
87 © 89
....©
88 © 92
99 @101

.'...©

Gs

do.

do.

....

63

105
105

63
30

harvest—viz.:

© 84
@ 65
55 @ 60
26 @ 26%

82
60

,,,

.

do.

.1896
1894
1901

....

.

yield of

@ 49

87

Do.

.

.

would
stuffs, how¬

9%

@ 49
© 89

Detroit & Milwaukee 1st mortgage, 7s
2d mortgage, 8s
Do
Erie $100 shares




@ 46
@ 19

87

do

mortgage

20
25
99
99
99
99
99
40
33
47

@105
..
@ ...
@
© ..
@30
@35
@ ...
@101
@101
@101
@101
@101
@45
@ 30
© 49

47

(guar, by Pennsylvania &No.
Central Pacific of California, 1st
Do

@ 45
@ 18

43
16

....

mort., 7s —1905
Potomac (Main Line) 1st mort, 6s.l911

Mississippi & Ohio, Con.

Baltimore &

....@

102%@i02 =

44
17

@
@
@ 30
@ 35
@103
©101
©101 '
@101
@101
@101
@ 45
@ 36
@ 49

1875
1888
1894
1900
..1889
1891
1891

5s

Do

....

©

.

5s
5s
5s

*6s
New

105%@106%
107%@108

102%@102%
104% @105

Cs

5s

Do

—@

....

107)* @108

1904 104%@105 " 104

levee, 8s....
do 8s
do 6s
Massachusetts, 5s
Do
Do
Do
Do
Do

107%@10S
105%@106%
107%@108

92%@ ....
@108
@104

107
103

@

•

80 © 82
99 @100
104 @'.05
89 © 90
© ...
95 @97
83 @ 85
100 @102
99%@100%
91%@ 92%
91 @ 93
95 © 97
95 @97
83 @ 85
101 @103
97%@ 93%
Do.
gen. mort., 1874, scrip, 0’s
93%@ 94%
South & North Alabama bonds, 6s
84 @86
•
St. Louis Tunnel 1st mort. (guar, by the Illiuois
& St. Louis Bridge Co.) 9s
1838 95 @ 97
94 @ 96

dull and lower. The first mortgage bonds of the
leading American railroad companies have been in
demand,and the quotations have ruled firm. The following were
the closing prices of consols and the principal American
ties compared with those of last week :
Jan. 16.
Jan. 23.
Redm.
CoiiboIs

6s

19:2
1901
Milwaukee & St. Paul, 1st mort. 7s
.1902
Canada R’way, guar, by the Dela¬
New York &
ware & Hudson Canal scrip, 6s
1904
N. Y. Central & Hudson Kiv. mort. bonds, 6s.. 1903
Northern Central R’way, consol, mort., 6s
19G4
N. Pac. R’way, 1st mort. Land Grant, 7 3-10 ... 1900
Panama general mortgage, 7s
'
1897
Paris & Decatur
1892
Pennsjdvania 2d mort. 6s
.,
,...1875
1910
Do.
general mort. 6s.
Do,
consol, sink’g fund mort. 6s... .1905
Perkiomcn con. mort. (June ’73) guar, by Phil.
& Reading, 6s
.'
1913
Phil. & Erie 1st mort. (guar. by Penn.RR.) 6s.. 1881
Do.
with option to be paid in Phil., 6s ...
Phil. & Erie gen. mort.(guar, by Penn. RR.)6s.l920
Plnl. & Reading general consol, mort. 6s
1911
Do.
imp. mort., 6s
1897

been produced by the

ties have been

.18)1

7s..

@ 10
©
@ 68
© 35

8

@ 10

.© ....
63 @ 68
30 © 35
.© ...

,

irregular,
but, on the whole, British railway shares have been firm in value.
■

.1875

8
...

.

would

tone has

.

Do.

have

foreign stocks rather a dull
dispute now existing between

1900
.1900

1st mort.g
1st mort. 7s.
2d mort., 7s
do.
Central, redemption mort., 6s..

Illinois & St. Louis Bridge

Solicitor-General what

In

.1903
,.1902

Do. second mort, 7s
Gilman Clinton & Springfield

could have been

terminated long since.
Business in the stock markets

7s.,

.1910
,.1902
.1909

,.1875
1.1920

of money had

a

& Minnesota,

Chicago & Alton sterling consol, mort., os
Chicago & Paducah 1st mort. gold bonds,1
Cleveland, Columbus, Cin. & Ind. con. me

moderate fortune, and asks the
thought of him if, after twenty-eight years hard
work, he had retired in thiftless indigence. The proprietors of
the Times are mortified at the disclosures that have been made,
and in a leading article say that if they had had any idea of what
was going on, Mr. Sampson’s connection with the Times
acquired

......

Burlin (ton Cedar Rapids
Cairo & V incennes, 7s

been paid by Grant & Sampson, and
amounting in one year to not less than £5,000. \ It is well
known that the late city editor of the Times has retired from his
post with a fortune. The Solicitor-General, in his speech, spoke
of him as a millionaire; but Mr. Sampson asks in tlio public
prints on what authority he makes so bold an assertion. He
admits, however, that with all family means to help him, he has

v

6s..
6s

Do
Do.

and
the

large sums

Jan. 16.
88 @ 89

Jan. 23.
© 89

88

CWt.

Wheat

Barley
Oats
Peas
Beans

-.

.

..

138,277

138,879

47,518
10,162
1,048
32,734
30,405

1,431,050
31,919
46,060
7,129
538

728

13.259

9.180
57.337
1,484
14,033

71,604
32,686
9,637
74,316
The official returns lately published show that in 1874 we im¬
ported 41,479,460 cwt. of wheat into the United Kingdom, of
which as much as 23.048,552 cwt. were from the United States.
We also received 6,229,608 cwts. of flour, about a moiety of which
Wheat and flour to¬
came from the above-mentioned country.

Indian Corn
Flour

gether show, therefore, a total of 47,709,068 cwt.,

against 49,955,890

155

THE CHRONICLE

February 13, 1878.]

EXPORTS FROM NEW

1873. The imports of barley have increased from 9,232,485
cwfc. in 1873 to 11,379,736 cwt. in 1874; of peas, from 1,211,068
cwt. to 1,808,980 cwt.; but in Indian corn there is a decrease of
about 1,000,000 cwt., and in oats and beans of about 1,500,000
cwt. The estimated value of our imports of cereal produce in
each of the last three years was as follows:
..

.

Oars
Peas
Beans

1873.

1874.

£23,446,689
4,010,314
4,801,118
522,932
1,265,784
C,621,720
5,819,197

£ 25,201,062

£51,510,784

£50,730,178

1,186,056
8,696,362
4,092,189

Indian corn
Flour

£50,988,741

Total

Eitsrlisli Ularlcet

5,266,096
5,118,785
841,044
1,118,193
7,484,173
5,709,820

Feb. 3—Steamer Java
Feb. 4—Str City
Feb. 4—Steamer

Feb. 6—Str City of

Money and Stock Market.—65’s and 67’s advanced ^
Monday, which was maintained throughout tho week.

The bullion in the Bank of

Thnr.

Toes,

92#
92%

92%

92#

92,#

92#

92#

93

107#

107#
107#
105#
102#

107#
107#
105#
102#

107#

105#

102#;

....

Liverpool Cotton Market.—See special report of cotton.
lower.
Sat.
s.

$ bbl 21
spr)..% ctl 8
“
9
(Red Winter)
(Cal. White club) “
9
(W.in’d) n’w $ quarter 36

Flour (Western)
Wheat (Red W’n.
“
“

Cora

Peas(Canadian).. $ quarter 43

d.
0
7
7
6
0
0

Mon.
8.
d.
21 0
8 7
9 7
9

6

36
43

0
0

21
8
9
9
35

0
6
7
6

42

6

9

9

6
0

35
42

6

21 0
8 5
9 3
9 5
34 3
42 6

lower.
Sat.

Beef (mess) new $ tee
Pork (mess) new $bbl...
Bacon (long cl. inid.)$ cwt

**

Lard (American)
Cheese(Amer’n fine)

...

“

d.

77

6
0
6
6

80
46

63
69

6

Mon.
8.
d.
77

80
46
63
70

6
0
6
6

0

Tues.
8.
d.
77 6
80 0
46 6
63

70

3
0

Wed.
8.
d.

Thur.
8. d.
77 6
79 0

77
80
46
63

6

0

46
63

70

0

70

0
3

$1,867,994

1, 1875
I

Same time in—

0
0
0

Fri.
d.

8.

6

77
77
46
63

6
0
0

70

0

Liverpool Produce Market.—Tallow has fallen from 42s.
opening price, to 41ai. 6J. at the close to- night.

9,804,323
$11,672,3x7
$4,211,332
8,793.388
3.466,816
3,568,168

have

Vera Cruz

Silver
Gold

$9,00
1,000

Savauilla
Vera Cruz

Gold
Gold

8,541
COO
$14,141

3d.^

132,322

Previously reported..
Total since Jan.

$146,463

1, 1875.

Same time in1874

Fri.
s. d.

Liverpool Provisions Market.—Cheese advanced early in the
week to 70s., at which price it closed.
Pork, bacon and lard are

8.

62,896
5,000
7,500

35,117

bars
Liverpool.. ..Silverbars
Gold

Total for the week

Thur.
s. d.
0
21
8 6
9 7,

9,400

450.000

Liverpool....Mexican silver
Silver bars

$3,508,125
9,045,102
I,o20,3l8
4,310,673

Liverpool Breadstuffs Market.—This market closes dull and
Wed.
8. d.
21 0
8 6
9 7
9 6
35 9
42 6

gold caiu..

232,500

Feb. 1—Steamer Claribel
Feb. 2-Steamer Cuba

quotations for United States 6s (1862) at Frankfort were;
6s(5-203) 1862
93%
98#
98%
....
98#
98#

Tues.
s.
d.

Silver bars

beenas follows:
Feb. 1—Str City of Mexico

93

Tbs
IT. S.

American gold
..Silver bars

$5,000
5,000
10,000
20,000
148,000
196,500
300,000
187,650
45,924
47,506

I 1869
11868
1872
j 1867
1871
I 1866
1870
3,674,414 |
The imports of specie at this port during the past week

107#
107#
105#
102#

107#
107#
105#
102#

London

1874
1873

f>2#

Mon.

92%

J. S. 6s (5-20s,) 1865,old.. 107#
“
“
1867
107#
U. 3.10-108
105#
New 5s
102#

Liverpool

Paris

Total since Jan.
Same time in—

Fri.

Sat.

92#

Havana

Previously reported

England has decreased £467,000
Wed.

account

Maracaibo,...American gold coin..

Total for the week

during the week.
....

gold coin..
Spanish gold
...
American gold
American gold
Silver bars..

Cienfuesros.. .American

of New York.. .Havana
Ilolsatia
Hamburg..

Feb. 6—Steamer Republic

coin..

American silver coin.

Gold bars
American

London

“

Ponce, P. R... American gold

Reports—Per Cable.

shown in the following summary:

Consols for money..

Vineyard

Fob. 1—Bark Cleom
Feb. 1—Schr Louisa Wilson
Feb. 2—Steamer Columbus

closing quotations in the markets of London and Liver,
pool for the past week have been reported by submarine telegraph

oil

19,074,471

date in previous years:
Feb. 1—Schooner

The daily

as

1875.

$4,382,576

23 023,181
26,453,695
22,423,475
Since Jan. 1
$24,382,644
$32,673,403
$26,806,051
$28,380,931
The following will show the exports of specie from the port of
New York for the week ending Feb. 6, 1875, and since the
beginning of the year, with a comparison for the corresponding

Previously reported....

£26,046.876
6,194,155
4,212,086
561,007

•

1874.

$6,219,713

1873.

$5,357,750

$5,303,173

For the week

1872.

Wheat
Barley

YORK FOR THE WEEK.

1872.

cwt. in

1873.
1872

$105,504
135,531
113,489

275,649

1871

Same time in1870
1869
1S68
1867

$2,271,620

1,630,362
261,380
159,664

Western Union Telegraph.—The World says this company
$4,500,000 seven per cent currency bonds maturing Nov. 1

has

Morton, Bliss
$1,000,The
loan,
the income
into
The price obtained

next. The company has negotiated through Messrs.
& Co. a loan of $5,000,000 in six per cent gold bonds, for
000 of which payment will be made April 1.
new
besides retiring the maturing bonds, will restore to
account about $250,000, of the $750,000 that have been put
the new building in excess of building loan.
for the new bonds is about 95 in currency ; and the arrangement
is cheaper for the company than
seven per

currency

bonds.

extending the

—The bonded indebtedness of Texas, as shown by the
the State Treasurer, is $3,C35,4o3; taxable property

cent

report of
in 1872,

$207,000,000; in 1874, *241,841,860 ; estimated true value for 1875,
$275,000,000. The population is estimated by some to have in¬
Fri.
Thnr.
Wed.
Tues.
Sat,
Mon.
creased during 1874 over 200,000. According to this it appears
8. d.
8.
d.
8. d.
8. d.
s. d
8.
d.
that Texas, in her increase of wealth and population, is among
5 9
5 9
5 9
5 9
5 9
Rosin (common)... $ cwt.. 5 9
the most progressive States in the Union.
17 0
0
The State has a pub¬
0
17 6
17
17
17 0
17 0
fine
9#
lic domain yet unappropriated of about 79,000,000 acres of land,
9#
9#
0#
9#
9#
Petroleu»ii(reflnod)... tfga!
9
9
9
9
9
9
besides a permanent school fund of over $2,500,000 in cash and
(spirits)....
41 6
41
6
42 0
42 0
42 0
rallow(American)... ) cwt. 42 3
interest bearing assets, and 20,000,000 acres of land located in
37 0
0
37
37 0
37 0
37 0
37 0
Oloverseed (Am. red),
26 0
26 0
different counties of the State. The interest on State, city and
26 0
26 0
26 0
26 0
Spirits turpentine...,
county bonds of the State of Texas has been promptly paid at
London Produce and Oil Markets.—There is no change to
maturity, so far as we are informed, and owing to the rapidity
note in these prices.
with which it is increasing in population and wealth, they should
Fri,
Thur.
Wed
Tues.
Mon.
Sat.
improve in value as desirable investments. Attention is directed
d.
£ 8. d. £ 8. d. £ 8. d.
d.
£ s. d. £
£
to the card of Mr. Win. Brady in our advertising columns, offer¬
l:1 5 0
5 0
0 11
5
5
0
0
11
5
11
11
Lins’d c’ke (obi). $ tn 11 5 0
59 6
59 6
59 6
59 6
59 6
59 6
ing for sale Texas State bonds. Mr. Brady is an old resident of
Linseed (Calcutta)....
Texas, identified with business interests in the State, and will
Sugar(No. 12 D’cli std)
23 0

the
*

U

“

•

“

(

»

it

-

i

s.

s

23
106 0
30 10

23
0
0 106 0
0 30 10
25
0

0
23
o :106 0
0 30 10
25
0

23 0
0
0 0 10 0
0 106
0 30 10 0 30 10
25
25 0
0

cheerfully give any information on Texas affairs.
—We have received from Messrs. Thomas Denny & Co., bank¬
Whale oil
“
25
Linseed oil....^ cwt.
ers and dealers in investment securities, 39 Wall street, circulars
in regard to the bonds of the Pacific Railroad of Missouri, and the
stock and bonds of the St. Louis Alton & Terre Haute Railroad.
COMMERCIAL AND MISCELLANEOUS NEWS.
A statement of earnings, expenses, and net prollts of each of the
above roads is given in the circulars, and by the figures it appears
Lu pours and Exports for the Week.—The imports this that the Pacific of Missouri should have au annual net surplus of
week show a decrease both in dry goods and general mer¬
$782,500 above all interest on its mortgage. A detailed descrip¬
chandise. The total imports amount to $5,926,495 this week, tion is given of tlie securities of the St. Louis Alton
Terre
against $6,750,253 last week, and $6,079,348 the previous week* Haute Company, and an exhibit of earnings showing a surplus bal¬
The exports are $4,3S2,576 this week, against $5,679,073 last week, ance of $G4,519 above all interest payments. Messrs. Denny &
and $3,611,472 the previous week. The exports of cotton the Co. will furnish the circulars on application.
—The thirty-eighth report of the City Bank, London, was made
past week were 9,385 bales, against 5,772 bales last week. The
following are the imports at New York for week ending (for at a general meeting of the shareholders, held on the 19th of
dry goods) Feb. 4, and for the week ending (for general mer¬ January. After providing for interest on current accounts, on de
chandise) Feb. 5 :
posit accounts, and for bad and doubtful debts, the gross profits,
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
including £3,557 ls.2d brought forward from preceding half year,
1872.
1873.
1874.
1875.
Dry goods
$3,352,748
$2,583,030
$2,845,195
$2,891,711 were £64,090 17s. 6d. Provision being made therefrom for cur¬
General merchandise...
3,316,812
5,084,447
3,034,784 rent expenses and rebate on discounted bills not due, the direc¬
6,243,375
tors declared a dividend at the rate of £10 per cent, per annum,
$5,929,812
$7,929,642
$5,926,495
Total for the week..
$9,5h6,123
36,393,267
25,645,597
25,638,137 free of income tax, and carried forward to the next account
Previously reported....
29,834,001
£3,905 12s. Id.
$33,575,239
$31,764,632
Since Jan. 1
$39,430,124
$42,328,109
—The attention of investors is called to the six per cent gold
In our report of the dry goods trade will be found the imports of bonds of the city of New York, offered, as per card in our to day’s
issue, by the old and reliable house of George K. Sistare. These
dry goodsfor one week later.
The following is a statement of the exports (exclusive of specie) bonds are current in the leading financial markets of Europe, and
should command the favorable notice of investors desiring a
23
0
30 10
25

on spot, $ cwt
$ tun! 06
Sperm oil

o.

0
0
0

weekending

fromtheportofNew York to foreign ports,for the
Eeb. 9;

'




0
0
0

•

security of this class

2. 12—NFarstional

Feb.

NATIONAL BANKS

ORGANIZED.

Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
Bank of McMinnville, Tenn. Authorized capital. $50,000; paid
in capital, $45,500.
, President; Philip H. Marbury, Cashier.
The United States

business Feb. 4, 1875.
National Bank of McKeesport, Penn. Authorized capital, $50,000;
paid in capital, $36,000. William Whigham, President; Thomas
Penney, Cashier. Authorized to commence business Feb. 10, 1875.

Authorized to commence

The following

DIVIDENDS.

Dividends have recently been

announced :
When

Per

Company.

Books Closed.

P’able. (Days

Cent.

inclusive.)

Feb.

Feb.

Feb.

Feb.

Feb_

6.

Int. period.
reg.. Jan. & July
coup...Jan. & July

<Sa?ette.

<£{)e Hanker©’

*

[February 13, 1875

THE CHRONICLE.

156

8.

9.

10.

11.

12.

119% 119#
*120M *120#

6s, 1881
6s, 1881
6s, 5-20’s, 1862
reg. .May & Nov.
6s, 5-20’s, 1862
coup.. May & Nov
6s, 5-20’s, 1862,Called Bds ..May & Nov.
6s, 5-20’s, 1864
reg. .May & Nov.
6s, 5-20’s, 1864
coup. .May & Nov
6s, 5-20’s, 1865
reg. .May & Nov,
coup...May & Nov
6s,5-20’s, 1865
68, 5-20’s, 1865, n. i., reg...Jan. & July
6s,5-20’s,1865 n. i.,coup.. Jan. & July
6s, 5-20’s, 1867
reg., .Jan. & July
6s, 5-20’s, 1867
coup.. Jan. & July
6s, 5-20’s, 1868
reg.. Jan. & July
6s, 5-20’s, 1868
coup . Jan. & July
5s, 10 40’s
reg.. Mar. & Sept
5s, 10-40’s
coup.. Mar. & Sept
5s, funded, 1881
reg ..Quarterly,
5s, funded, 1881, ..coup.,...Quarterly
6s, Currency
reg.. Jan. & July

*116

*116

*116
*116

*116

117# *117# 117# *117# *117# *117#
*117# *117# *117# *117# *117# *117#
*119% *119# *119# 119# *119# *119#
120
*119# *119# 119#
*119# 120
*118# *118# *118# *118# 118# 118#
118# 118# 118# 118# 118# 118#
*119# *119# *119# *119# 119# 119#
*119# *119# 119# *119# 119# 119#
*119# *119#
*119# *119# *119# 120
*120
*119# *119# *119#
*119# 120
*114# 114# 114# *114# 114# *114#
*117
117# *117# *117# 117# 117#
*115
*115# 115# *115# 115# 115#
115# 115# 115# 115# 115# 115#
119# 119# *119#
119# *119# 120
,

This Is the price bid ; no sals was made at
The range in prices since Jan. 1, and

*

Railroads.

3%
5

Cleveland & Pittsburg, new, guar.

3

Insurance.

Sterling Fire

Miscellaneous.

American Coal Company

on

Mch. 10 Mch. 1 to Mch.

IK

(quar.).

Mississippi, pref

Ohio &

Mch. 1 Feb. 11 to Mch. 1
Mch,- 1 Feb. 19 to Feb. 27

of Maryland

Friday,

Tlie

Money

siderable discussion was

raised to-day in banking circles

the amount of each

class

outstanding Feb. 1, 1875, were as follows:
,—Range since Jan. 1.—. -—-Amount Feb. 1.—
Coupon.
Lowest.
Highest. Registered.
$
3
6s, 1881
reg..118 Jan. 5jll9# Feb. 3 $193,267,800 89.468.550
6s, 1881
coup.. 118# Jan.
8il20# Feb.
8,358,050 102,758,71 0
6s, 5-20’s, 1862
coup
114# Jan. 2116# Feb.
26,020,950 32,971,S5u

10

M.

6s, 5-20’s, 1864

coup..

6s, 5-20’s, 1865
coup..
6s, 5-20’s, 1865, new,coup..

Financial Situation.—Con¬

Market and

the Board.

of bonds

dem.

February 12, 1875—6 P.

119# 119# 119# 119#
120# 120# 120# *119#
116# *116# *116# *116
*116# 116# *116# *116

6s, 5-20’s, 1867
6s, 5-20’s, 1868
5s, 10-40’s

coup..
coup..
...reg..
5s, 10-40’s
coup..
5s, funded, 1881.... coup..

by a

116 Jan. 11 118 Feb.
118# Jan. 8; 120# Feb.
117# Jan. 8 119# Feb.

33,771,600 118,762,750
57.553,850 145,109,250
88,280,450 222,342.300
14,069,500 23,404.500
141,278,750
53.288.550

9 120# Feb.
9 120 Feb.
1 116# Jan.
4 1l7#Feb.
2116 Jan.
4 120 Jan.

118# Jan.
118 Jan.
113# Feb.
115 Jan.
113# Jan.’
117# Jan.

29
dispatch from Washington to the Wall Street News Agency,
12
169.536,35 0
stating that “ the Deputy Comptroller of Currency and members
29 197,661,550
reg.
30 64,623,512
of the Banking and Currency Committee hold that under the 6s,Currency.
State and Railroad Bonds.—The market for Tennessees
new currency bill the retirement of eighty percent ot greenbacks
has been depressed by the discouraging advices from Nashville,
and there is a general feeling that the failure of Tennessee to
commences immediately, irrespective of the amount of national
continue the payment of her interest would be the most damag¬
bank circulation outstanding. Neither does the withdrawal of
ing blow to Southern State bonds that has happened for a long
national bank circulation by banks count against any additional
time.
There is some demand for Louisiana bonds from the State,
issues which may be made to banks already established, or that
and Georgia bond's are also in good demand from parties at home,
and are at present about the strongest of the Southern list.
New
may hereafter be established.”
Orleans city is not now paying her interest, and we are informed
We believe it had generally been supposed that no withdrawal
that coupons since December are overdue.
of greenbacks would be made until the whole amount of national
Railroad bonds have been particularly active on Union Pacifies,
bank circulation outstanding exceeded the former prescribed and tlie sinking fund bonds advanced to 86^; the other Pacific
limit. The section of the law applicable to this subject is as fol¬ issues have also been dealt in to a considerable extent. Among
lows

and holders in

bonds, prices are generally lower,
dined to sell at what they can get,.
The
the first mortgages on parts of the
road are to hold a meeting on the 13th to
method of proceediug. The St.
held. The new eight per cent, equipment
Central road have been admitted to tlie call

the defaulted

:

United States,
national banking
banking association
may increase its circulating notes in accordance with the existing law, with¬
out respect to said aggregate limit, and new banking associations maybe
organized in accordance with the existing law, without respect to said aggre¬
gate limit and the provisions of the law for the withdrawal and re-distribution
of national bank currency among the several States and Territories are
hereby repealed, and whenever and so often as circulating notes shall be
issued to ar.y such bank association, so increasing its capital Or circulating
notes, or so newly organized as aforesaid, it shall be the duty of the Secretary
of the Treasury to redeem the legal-tender United States notes in excess only
of $300,000,000 to the amount of 80 per centum of the sum of national bank
notes so issued to any such banking association, as aforesaid, and to continue
such redemption as such circulating notes are issued until there shall be out¬
standing the sum of $300,000,000 of such legal-tender United States notes, and

Sec 3. That Section 5,777 of the Revised Statutes of ths
limiting the aggregate amount of the circulating notes of
associations, be and is hereby repealed, and each existing

bondholders of some of
Toledo Wabash & Western
consult as to the best
Louis Division bonds are firmly
bonds of the Michigan

Exchange.
The

at the - Stock

,

tlie prices of certain leading se¬
accrued on each to date, or accord¬

following table shows

curities, less the interest

only telegraphic, and the actual decision arrived at may be
explained much more fully by the mail reports.
The loan market has continued very easy at 2, 2£ and 3 per
cent, on call loans, and 44(5)6 per cent, for prime commercial

the cost of a $1,000
year on this cost;
realized
accumulation of principal
provided interest was
re-invested semi-annually immediately on .its payment. In the
case of gold bonds, the price is first reduced to gold and all the
subsequent figures given in gold, as this is tlie simplest method.
For the purposes of the calculation it is merely assumed that the
value of the principal will remain unchanged, and that the bonds
can ultimately be sold at tlie same price for which they are pur-,

paper.

chased.

no more.

It is too soon to pass

judgment on the matter yet, as

tlie report

is

house

offer, this week, by a banking

We have heard of an

Int.

$500,000 on
of the present year.
Cable despatches from London, on
loss of £467,000 for the week in the

paid.

Thursday, reported a further
bullion of the Bank of
England, the discount rate remaining unchanged at 3 per cent.
The Bank of France gained 72,041,000 francs in specie ; the total
subscriptions to the City of Paris loan of 250,000,000 francs
reached the enormous figures of forty-two times tlie amount
offered,

or

U. S. bonds of 1881, 6’s gold
do.
5-20’s of ’07, 6’s gold
do.
ten-forties, 5’s gold
do.
Pacific issues, 6’s cur
In. Y. State Bounty Loans, reg. 7’s
N.Y. Cen. & Hud. RR. mortg. 7’s..
Erie RR. 1st inort. 7’s, 1879
Cen. of N. J. Mort.b’ds ’90, 7’s

York City Clearing
of $3,087,400 in
the whole of
$12,907,000, against $15,994,400 the previous
changes from the previous week
1873:

1875.
Feb. 6.

Jan. 30.

,

Differences.

1874.
Feb. 7.

1873.
Feb. 8.

$286,452,800 $291,107,700 Inc. $4,744,900 $277;237,100 $293,939,000
Specie
17,180,800 15,162.400 Dec. 2,018,200 33,220,700 19,035,400
Circulation....
2.3,801,800 23,642.200 Dec.
159,600 26,903.800 27,520,600
Net deposits.. 236,191,200 238,123,200 Inc. 1.932.000 239,958,800 220,299.200
Levaltenders.
57.861.600 57.275.400 Dec.
586,200 59,052,900 45,107,700
United States Bond*.—Government
securities have been
fairly active, closing on most of the issues at a fractional decline
from the prices of last week.
The higher price of gold has
changed the relative positions of tlie home and foreign markets,
and the foreign bankers have at times been purchasers here.
Closing prices of securities in London have been as follows :
Lofans anadis.

Feb.
5.

Feb.
12.

107#
107#

107#
107#

105

105

102#

102#

107#
107#
105#
102#

Jan.
29.

U. S.6s, 5-20’s, 1865, old
U.S.68, 5-20’s, 1867
U. S. 5s, 10-40’s
New 5s

Closing prices




..

Since Ja a. 1, 1875.

,

Lowest.

daily have been as follows :

——>

Highest.

107# Jan. 2 108
107# Jan. 12 108
104# Jan. 20 105#
102# Jan. 16 103#

Jan. 30
Jan. 4

Feb.
Jan.

Consol. 7’s..
Chic. &R’k Isi. 1st m. 7’s
Chic.&N. West. lstm. 7’s, 1885...
do
consol, mort. 7’s gold....
Cen. Pne. 1st, m
<vnld
do
San J. Val. 1st m. 0’s g..
West. Pac. 1st m. 6’s gold
Un. Pac. lstm. 6’s gold
do.
land grant 7’s
do.
sink, fund 8’s
Fort Wayne 3d m. 7’s
Ohio & Miss. lstm. consol. 7’s..
do
do 2dm.
do.
7’s...
do.

The last weekly statement of the New
House Banks, issued Feb. 6, showed a decrease
the excess above their 25 per cent, legal reserve,

.

Int.

Pr’ees Cost of
‘
flat.’ $1,000
Feb 12 bond.

per
year.

Accumlation.
Princ. and Int

y’rs. 10 yrs

5

-

10,500,000,000 francs.

such excess being
week.
The following table shows the
and a comparison with 1874 and

usual term, “fiat.” Also

bond ; tlie per cent of interest
per
and wliat would be approximately the
and interest in five years, and in ten years,

and foreign connections, to loan
government collateral, at 4 per cent., for the balance

having both domestic

to tlie

ing

6
2

*

*5*76
*5*76
*5 00
5*04

J.&J. *104# *$1,041
J.&J. *103#
*1,038
*1,000
M&.S. *100
1,188
J.& J
118#
1,057
J.& J. 105#
J.&J.
1,035
M.&N.
103#
1.087
F.tfcA.
108#

*720
*762
*811
910
823
990
982
790

J.& J.
A.&O.

98#
79

6'42
6*79
6*60
714
*10*11
*7-11
*8'33
*7-89
*7*40
7 69

.

-

6sTenn., news...
6s N. Car.,old....
6a N. Car.,new...
6a Virg., consolld

do

Feb.

Feb.

i).

8.

9.
45
•27
*U

-10.
*45
*27

•57

*57

45
*27

*12#
*57#

45#
*27
’57

2d series.

*13#

*30#
5sS.C., J. & J.... *30# *30# *30#
97
96# *96#
6s Mo. long bonds
97#
*112#
N.Y. C. & II. Ist7s *111# *111# •112
C.Fac.,gold 6s...
97# 97# 97# 97#
93#
93#
93#
Un Pac.. 1st 6s...
93#
‘93
93# *93
do
L’dGr’t7s *93#
85
33# * 84
do
S.F. 8s..
83#
100 ^ *105#
#05
Erie 1st M.7s
*105
N. J. Cen. 1st 7s.. *108# *108# *103# *103#

-

bid,nosatewas

•

•

range

,

11.
45
27
*13

57#
*30#
*96#
113
*97

12.
*44

Lowest
Jan. 27
..

44

*7

*57#

55#

Jan.
1
Jail.
Jan. 26

*30#
*96#

31

Feb.

*

♦

ft

27
16

....

7t
14

94# Jan.
111# Jan. 18
92# Jan. 6

Highest.

93#
*93#

madeatthe Board.

5

55# Jan.
29
Jan.
Jan.
16

18
7

57# Feb.

11,

Jan. 27
97# Jan. 28
Feb, 2
113
98# Feb. 3
94# Feb. 3
93# Feb. 3
86^ Feb. 11
Jan. 21
105

96#
6
Jan.
90
93#
8
Jan.
*93# 90
5
Jan.
86
80#
86#
Jan. 11
“105# *105# 101
*109
*108
107# Feb. 1 109#
7 107
Jan.
*107# *107# *107# *107# 106#
Ft Wayne 1st 7s. *107# *107
5 107#
Jan.
105
107
106# *106# 106# *106
Rock Tsld 1st 7s... *106#
81
80# Jaa. 22 82*
82
82#
82#
82#
C. & N.W. gold 7s *82#
♦This is the price

.

1,989
1,989
1,989
1,989
1,989

*1,343! *1,806
1,410
1,989
1,479:
2,189
1,410
1,989
1,410,
1.889
1,410
1,989

Infold.

Feb.

.

1,410
1,410
1,410
*1,410 *1,989
*1,343 *1,806
*1,843 *1,806
*1,313: *1,806

Daily closing prices of a few leading bonds, and the
since Jan. l,have been as follows:
—Since
Feb.
Feb.
Feb.

1,989
1

e

1,410'

•

9-75

7-07
7 14
8'86

1,806

1,410

0 79

*81o

*

•

....

980
*693

99

1,343'

1,410

6*60

1,032
1,060

103#
quar.
106
J.& J.
98
F.&A.
r. & D. *69#
*81
J & J
A. AO. *72
J.& J. *76#
J.& J. -*82#
91
A.&O.
M.&S.
82#

*$1,343
..
*1,343 *$1,806
*1,280 *1,638

Jan.

20

1

Railroad and miscellaneous Stocks.—The stock market
has been irregular, and the tendency in most cases has been

Board as to the regulation of
do, the past two weeks, with

the unsettling of brokers’ business.
Union Pacific has lately been about the strongest of the list, in
consequence of good earnings in 1874, and the company’s proposi¬
tion to settle with the Government, by paying $500,000 per year,
to be held as a sinking fund against the company’s obligations
held by the United States, which forms a second lien on tlieroad.

Monday,

Feb. 6.

Feb. 8.

N.Y.Cen.&H.R. 101
*193
28%
72%
Wabash
15%
Northwest
44%
do
pref. 58
Rock Island
103%
St. Paul
36%
do
nrel....
57%
At.& Pac.,pref.
....
Ohio & Miss...
28

Harlem
Erie....Lake Shore....

...

101%
128%
27%
72%

101%
128%
28%
73%
16

Han. & St. Jos.
Union Pacific..

39
8

68.14%

45% 44%
58% 57%
104% 103%

36%
57%

37%
58

27% 28%
108

108

109% 109%
21

21

39%

21%
39%

-10%

8

m

.

.

Tel.
Tel.

#

pref.
Pacific Mall....
do

*31
*39

32

32

Quicksilver....

43

United States..
Welle, Fargo..

This is the price

bid and asked

The entire range

39

; no

N. Y. Cen. & Hud. K...101
Jan. 7102%
Harlem
127.% Jan. 12 129
30%
27% Feb.
Erie
80%
72% Jan.
Lake Shore
21%
Wabash
12% Feb.
do
56
pref.
Rock Island
102%
Si. Paul
34%
do
pref
..
55
Atlantic & Pacific pref. 14
Ohio & Mississippi
26%
Central of New Jersey .105%

Del., Lack. & Western.106%
Hannibal & St. Jo
18%
36
Union Pacific
4%
Col., Chic. & I. C.
110%
Panama
70%
Western Union Tel...
!9
Atlantic & Pacific Tel
.

,.

.

32
36

Quicksilver

pref

do

*

41

Feb.
Feb.

Jan.
Feb.

Feb.

Feb.

Jan.
Jan.

Jan.

Jan.

82%
.

.

.

.

68%
56%

85%

Jan.
Feb.
Jan.
Jan.
Jan.
48% Jan.
62% Jan.
105% Feb.
12 39% Jan.
12! 59% Jan.
12' 17% Jan.
28' 32% Jan.
5408
Feb.
2!lu9% Feb.
22

26

Jan.

Jan. 18; 41% Feb.

61 35

121 44

Jan.

Jan.
37% Feb.

follows:

-Whole year 1874.
Lowest.
Highest.

95% May 19 105% Mch.
118% Jan. 7 134% Feb.
26
Dec. 10 51% Jan.
67% June 19 84% Jan.
18% Dec. 29 55% Jan.
34% July 15 62% Jan.
51
Sept. 10 78% Feb.
92% June 19 109% Feb.
31% May 18 49% Jan.
4S
May 5 74% Feb.
Feb.
10% Sept. 3j 22
21% June 17 36 Jan.
3 409% Feb.
98
Jan.
2 112% Feb.
99
Jan.
22% Sept. 7] 34% Jan.
23
June 17! 38% Mch.
8
Sept. 3 32% Mch.

Feb. 10j 9% Jan.
Jan, 21 114% Jan. 2 101
Jan. 15; 79% .Tun. 2 68
Jan.
6| 29% Jan. 15! 14
Feb.
Feb.

36

36

81
31%
*102
105
63% *63%
57
56%
85
85%

sale was made at the Board

-Jan. 1,1875, to date—
i
Lowest.
Highest

Northwest

89

from Jan. 1,1874, to this date, was as

43

Feb.

....

41

42

Apr. 20418
Apr. 24i 83%
Aug. —j 20
6: 22% Apr. 28: 36%
June 29! 48
7j 29
33% Dec. 21J 51%
1 -> I 92% Jan. 13420
loi 58% Jan.
2 65%

11
18
15
16

16
9
9
9
10
9

16
10

10
10

12
30
30

Jan. 9
Dec. 10
Nov —
Nov. 24

Nov. 27

Sept. 30
Nov. 13
98 Jan. 2 400 Jan.
Dec. 1
62% Jan. 7j 65 Jan.
60
Jan.
Sept. 28i 73 Feb. 9
United States Express. 56% Feb. 10i 65
69% Jan.
5| 84 Nov. 30
Wells, Fargo & Co
79% Jan. 8| 85% Feb
The Gold market.—Gold has been strong and tolerably steady

Pacific Mail
Adams Express.
American Express

30% Feb.

10

throughout, the highest price of the week being 114$. There
to be a divided opinion as to whether the late rise in gold
is mainly due to clique influences or to natural causes, but how¬
ever this may be, a tendency has been shown this week by those
having occasion to use gold, to keep a supply in hand to provide
against a possible scarcity. Aside from speculative influences,
the late firmness lias undoubtedly been assisted by an idea quite

seems

in

a

manner

altogether satisfactory; the

468,000
418,000

29

827,574 85

502,200 00
704,000 00

413,000

1,090,577 27

3,545,714 90 5,870,361 50

45,708,373 90 47.358,963 06
44.464,588 39 49.034,703 18

Currency.

$609,366 91
703,606 65

92
65
27
01

422,232
2,474,582
381,911
197,800

4,789,500 41

$643,004 69

1,063,572 83
893,880 47
732,095 00
362,059 30
500,034 59

4,194.646 38

City Banks.—The following statement

shows

of New York City for the
business on Feb. 6. 1875:

Circula¬
Net
Legal
tion.
Tenders. Deposits
Capital. Discounts. Specie.
$456,600
$8,000,000
$9,987,SOJ $2,485,600 $1,153,200 $9,6' >3,000
9,700
3.887.400
665JOO
399,300
6.117.400
2,050.001
705.300
7,20h,000
628,000
663.400
8,000,000 10,200,100
Merchants’
359,700
5.319.500
201.900 1,055,500
7,297,101
2,000,000
Mechanics’ *
270,000
4.224.200
],536,7UU
220,100
5,078,300
1,500,000
Union
1,200
1.375.100
1,053.200
7,096,000
а,235,500
3,000,000
America
454,900
3.219.700
3.7,400
722,000
4.185.600
1,800,000
Phoenix
7.116.800
S.098,000
1,401,900
б,013,500
1,000,000
City
745.000
2.178.900
295,500
231.400
3,63*2,600
1,000.000
Tradesmen’s
1.414.100
486.400
230.900
1.731.300
600,000
Fulton
6,526,000
1,469,400
333,200
8.104.100
300,00U
Chemical
430,800
3,334,990
738.400
44,200
8.885.100
Merchants’ Exch’ge. 1,000,000
893.800
475,000
2,014,000
28;\200
3.936.900
1,500,000
Gallatin, National..
221,000
457,000
1.674.400
46,000
2,355,000
800,000
Butchers’&Drovers’
192,300
1.203.100
297.600
20,400
1.839.600
600,000
Mechanlcs&Traders
121.600
2,700
1,001,300
1.003,200
200,000
Greenwich
250,900
3,007,500
562.100
447,300
3.224.600
600,000
Leather Manuf
172,600
209.500
1,038,000
56.400
1,173,200
300,000
Seventh Ward.... .
3.822.400
459.100
5.173.700 - 356,i 00 1,167,600
2,000,000
State of N. York..
798^200
2,530,300
8.956.900
824.700
12,259,500
5,000,000
American Exch’ge.
2,508,500
8.114.200
2.522.700
576,200
10,000,000 20,011,300
Commerce
8) 8.30C
885.100
3.648.100
79.100
5.947.900
1,000,000
Broadway
463,200
499.700
3.147.900
105.700
3.990.100
1,000,000
Mercantile
700.100
2.219.600
10,000
2,220,000
422,700
Pacific
796,766
874.700
876,100
3,579,(00
5,060,200
2,000,000
Republic
920,000
138.100
li 9,000
3.482.800
3,122,SCO
450,000
Chatham
216.600
5,500
700
1,1'7,200
1.340.400
412,500
People’s
317,000
2.283.400
77.100
2.639,60C
1.000,000
North America
289,000
932,200
3,657, SU0
56,700
4,010.100
1.000,000
Hanover
513,000
176,700
2,b89,000
35.900
2,822,000
500,000
Irving
8,025,000
1,071,000
322,000
2,186,000
1,000,000 12,338,000
Metropolitan
133.800
530.300
1.576.300
24.800
] ,595,600
600,000
Citizens
3.900
271.600
2.305.800
47.200
2.412.300
1,000,000
Nassau
225,000
352, SCO
1.398.900
89.900
2.961.900
1,000,000
Market
728.900
1.311.600
282,000
101,600
2.716.900
1,000,000
St. Nicholas
786.400
550,.SOU
2.963.600
75.400
4,352,310
1,000,000
Shoe and Leather..
4.900
358,000
33.900
1.538.300
2.962.400
1,000,000
Corn Exchange
560.100
2.843.500
618,000
84,500
3.662.300
1,500,000
Continental
4,000
210.100
1.261.600
6.000
1.641.600
300,000
Oriental
305.900
500,000
2,241,600
113,500
2,574,500
400.000
Marine
481.400
4J29.200
17.612.700
176.800
Importers’* Trad’rs 1,500,000 15.875.400
829.800
4.593.700 18.581.500
400.800
16.526.300
2,000,000
Parle
205,000
297,100
999,800
75.200
1,166,000
500,000
Mech. Bauk’g Asso.
645,100
142,900
4,700
755,400
300,000
Grocers’
721.500
210.800
972,500
14,300
400,000
North River
189,300
591,000
162.500
946.200
20.200
350,000
East River
598.000
174,(00
1,200
725.200
300,000
Manufact’rs’* Mer.
2,797.200
16.338.700
3 690,900
177.600
5,000,000 21.171.700
Fourth National....
6,468.000 1,451,000
2,036.000
61,000
7,063,000
2,000,000
Central National...
266,000
415,000
1,682,000
300,000, 1,969,000
Second National....
546.800
7.265.400
275 900
2.245.100
6,772,TOC
1.500.CGC
Ninth National. ...
143,400
6,867.000
2,099,500
575,500
5.324.600
5oc,ooo
First National
49,400
6,028,700
1,704.200
804,900
4,093,900
1,000,000
Third National
260,700
253.300
1,032,100
15,000
1,464,100
500,000
N.Y.National Exch.
858 400
696,900
165,400
86.400
1,849.400
1,000,000
Tenth National
201,000
960.500
250,0(0
2,5(10
1,214,000
250,000
Bowery National...
180,000
1.001,000
38,0(0
200,000
1.109,000
200,000
York Co. Nat.
New
813,800
4,439,500
3)'3,500
5,099,200
2,000,000
German American.
1,8( 6,500
377.600
16.400
2.227.600
1,000.000
Dry Goods

Banks.
New York
Manhattan Co

$
$....
2,077,253 2,418,392

.

$15,162,400 $57,275,400 f2SS,123,200

$31,435,200 $291,197,709

Total

Same as last week. No report this date.
The deviations from the returns
follows:

$23,642,200

*

Loans

Specie
Legal Tenders
The following are
Nov. 14..

Legal

Tenders.

Blackstone..
Boston

Freeman’s.'...

229.994,20 0

24 S32.500

49.470,300
47,9g! ,700
47.163.400

»,643.600
50.821.100

231.613.800

Aggregate

Clearings.

24.968,000

53.301.900

227.352.700
222.767,300
219,632,100
218,408,000
215.707.800
213,889,600

50,221,700

55.271.900

56.830.600
57.861.600
57,275,400

15.162.400

Capital.

$750,000
1,500,000
2,000,000
l ,000.000
600,000
200.000
500,000

the

Loans.

$ t.540,600

3,175,800
4.338,600
2.252,500
1.745.900

602,200
2,604.100
2.044.400

2.593,100
907.800

1,000,000

3,064.800
1.727.100
2,350.2(0

800,000

1,000,000
500.000

800,008

800,000

236.897.50(1
237.146.800
235.191.200

238,123,2(0

24.SC4.300
24,731,600
24,610.1(H)
24,622,600
24,4-17.600
24.288.900
24,153,500

1,821,600
2.429.60G
994,1(0
1.597,200
2,107,400

450.809.151

532.154,098
889,193,019
530,030,508
464.782,383
452,850,412

23.801.800
2 3,642,20 0

407,720.865

393.250,635

549,740,704
499,067.583
459,493,415
436.580,082

539.951.440

of the Boston
Monday,

Clearing House on

Specie. L ,T. Notes

$7<K)

700
31,900

15,800
32,600
....

942,100

400,000

1,000.000

221.469.200

24.854,100
26,012,600

give a statement

we

returned to

750,000
Howard
Manufacturers.

lation.

57.504.400

1,000,000
1,000,000
1,000,000
Everett
Faneull Hall..

of weeks past
Clrcu-

Deposits.

59.525.100

Banks.—Below

Atlas

Market

586.200

the totals for a series

14.218,800
13.P19.500
13.397.100
17.974.000
23.222.100
23.490.600
20.985.200
17.180.600

National Banks, as
Feb. 8. 1875 :
Banhs.

Inc. $1,932,000
Dec.
159,6(0

17,380.900
17,329.300
14.467.200

Nov. 21... 283.819.500
Nov. 23... 282.275.800
Dec. 5
286,063.000
Dec. 12.... 281.903.300
Dec. 19.... 285,409.800
Dec. 26.... 283.665.300
284.209.300
Jan. 2....
Jan. 9.... 236.157.900
282 972,700
Jan. 16—
284,328.500
Jan. 23.. .
286,452.800
Jan. 39....
Feb. 6... 291,197.700

Atlantic

previous week are as

16.888 200

283.788.100

Boston

of

Net Deposits.
Inc. $4,741,900 Circulation
2,018 200

Dec.
Dec

Specie.

Loans.

principal cause

assigned is the general desire to hold gold, which we refer to
below.
With this purpose, it is understood that bills have been
sold very freely, and it is also reported that some of these were
borrowed bills, and sold now with the express object of obtaining
gold. Nominal rates of leading bankers have been largely re¬
duced, and rates in second hands are still lower, bankers’ sterling
bills having sold to-day at 4.82$@4.83 for 60 days, and demauc
bills at 4.86ta;4.86$. Nominal quotations are as follows:




650,575 30
404,564 32
736,779 00

596,000
371,000

47
61
01

AVERAGE AMOUNT OF

Exchange.—The exchange market has been much
demoralized, and it is hardly possible to account for the weak¬
ness

Payments.

$956,406
1,188,321
669,859
1,137,642

$547,596 28

and Sub

Loans and

..

Foreign

6

Nbw York

,

114% $370,558,000
114% 471,381,000
114%

@5.18%
@5 13%
5.15 @5.13%
41 %© 41%
95% © 95%
95%© 95%
95% @ 95%
95%@ 95%
5 15

Gold.

Currency.

Gold.

the condition of the Associated Banks
week ending at the commencement of

-Quotations.
Total
Balances.—
Open- Low- High- Clos¬
Gold. Currency.
est.
ing.
est. insr. Clearings.
114
114% 114% $73,290,000 $2,105,140 $2,516,255
Saturday, Feb.
66,939,000 2,305,600 2.645.636
114% 114% 114% 114%
Monday,
52,913,000 1,798,564 2,061.738
9
414% 114% 114% 114%
Tuesday.
68,816.000 2,499,776 2,872,964
10 ...114% 114% 114% 114%
Wednesday,
48,770,000 1,489,146 1,679,565
11.... 114% 114% 114% 114%
Thursday,
59,800,000 1,697,500 1,973,419
12 ...114% 114% 114% 114%
Friday,
Uurrentweek
114% 114
114%
112% 112% 115%
Previous week
Jan. 1,1875, to date...112% 111% 115%

5.15

94%
94%
94%
94%

Receipts.

House

Receipts.
$350,000

Total
$2,616,000
Balance. Feb. 5
Balance. Feb. 12

generally prevalent that the stock of gold held by the banks
and by the Government was small, and that an increase in the
demand might lead at any time to materially higher prices. The
idea of a “ gold famine” has also been stimulated by newspaper
articles and by general talk on the subject. On gold loans the
rates to-day were 1 and 2 per cent, for carrying, and also “ flat.”
Time loans of gold are quoted for 30 days $@f for use, 00 days
7-16@9-16, 00 days to 4 months, |@|, 0 months £@$, and 1$@£ for
the balance of the year 1875.
Customs receipts of the week
have been $2,61G,000.
The following table will show the course of
gold and
operations of the Gold Exchange Bank each day of the past
week:

4.84%®4.85%

The transactions for the week at the Custom Rouse
Treasury have been as follows:
Custom
-Sub-Treasury.-

Tuesday. Wednesday, Thursday,
Friday*
Feb. 9.
Feb. 10.
Feb. 11.
Feb. 12.
101%
101
101% 101% 101% 101
*101% 101%
129
*127%
127% 127% >127
28
28
28%
2S%
27% 27%
27% 28%
73% 73%
72% 73%
73% 73%
73% 73%
12% 13%
15
12% 14
16
12% 15%
44
43
43% 44%
44% 44%
44% 45%
56
57
56
57
58
56% 58
58%
104
104
103% 103% 103% 103% 102% 103%
85
86%
34% 35%
35% 36%
3«% 37
55
55
57
56
55% 56%
*57
58%
14% 11%
27
27%
27% 27% f 27% 27%
27% 2S%
*107% 108% *107% 108% 107% 108% 407% 108
109% 109% 109% 109% 409% 109% 109% 109%
20
20
*19% 20%
21
21
19% 20%
40%' 41
40% 40%
40% 41%
40% 40%
5
5%
6%
6%
7%
111% 112
*173
114
113% 113% 113 113
72% 72%
72% 73
72% 73%
72% 73%
23% 23%
25
24% 24%
~
*24
24% 24%
35
*30
*31
31
34% *30
*30

3i%
33
80% 33%
31%
34% 84%
400
'100% 102% *100%
*99% 100
64
63% *63
*63
*63%
(41% *63%
56 % 57%
*56%
57% 57% *56% 57%
*34% 85% *84%
*85% 85% *85%

34% 34%
*99%
63% 63%
57% 57%
*85% 86

Adams Exp....
American Ex..

*

28%
73%
16%
45%
58%
11)4
87
57%

8%
in
112
*113% 114
72% 73%
72% 73%
21
24
23% 23%

Col. Chic.& I.C.
Panama
West, Un.
At. & Pac.

128%

15%

28%
Central o: N.J.M07% 108
Del., L.& West *108% 109
21%

101%

94%@
94%®
94%®
94%®

Hamburg (reichmrks)

Frankfort (reichmarks)
Bremen, (reichmarks)
Prussian (reichmarks)......

days.

4.86%®4.87
4.85%@4.86

5.20 ©5.16%
41%® 41%

Swiss (francs)
C
Amsterdam (guilders)

72£@73.
sissippi Railway has declared out of earnings of past six months
a dividend of 34 per cent on its preferred stock payable March 1.
The daily highest and lowest prices have been as follows:
Saturday,

3

days.

4.83*®4.84
4.82%©4.83
4.81%® 4.62%
5.20 ©5.16%
5 20 @5 16%

Antwerp (francs)

Telegraph has been quite steady, and closes at
Wabash and C. C. & I. C. are lower. The Ohio & Mis¬

Western Union

February 12.60

Prime bankers’ sterling bills.
London good bankers’ do....
London prime com. ster do..
Paris (francs)

The disagreement among members of the
commissions, has had something to

towards lower prices.

157

THE CHRONICLE.

13,1875.]

February

4,000
....

82,100
11,600
79.100

2,000

24',700

$71,400

$491,700

94,000
243,200
117,700
28,000

1.012,000

63.000
91.900
1( 8 000
148.800
84.800
66.900

160,000
69,(00
207.500

882.900
1.746.100
641.500

293,300
592.500
947.100
791.800
822.500

539.900
1.204.500
546.600
935.600

$422,900
764,200
736.800
539.900
490,500
163.800
147.2Cn

786.4(0
535.4P0

795.00U

113.10,1

4tO,9oy
345.700
227.800
443.»on

65*400

878.900
825.200
590.100

66,400
161,400

605.500

1.127.500

844,Oon
389, OoU

79.900

26,000

102,300

7,500
51,500

148

9og

3,000,000

300,000
1,000,000
1,000.000
900,000

England

North
Old Boston
Shoe * Leather
Suffolk
Traders
Tremont

3.426.900
2.112.000
4,064,500
4,854*100
1.423,800
5.321.100
2.029.200

1,000,000

1,600.000

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

city
Eagle
Exchange
Hide & Leather

1,000,000

3,077.300
1.474.700
2,064 /00

200,000

Security
Union
Webster

1,000.000
1,500,000

*

181.800
130.1(0
87.000
109 000

17,U0
1,300

2,581,000

2.536.500
716,9(0
"

110,000

Total
f50.050.00C 1131,358.500 $2,076,600 $9,547,200
The total amount “due tootherBanks.” as perstatementof

Decrease.
Increase.

ogal Tenders

.1

a

..

..

1.263,600
1.147.4U0
1,181,500
2.4-18.300
2,472,500
2,346.100

126,279.000
128.637,600
128.7)8,900

130,731,900
181,10*, 100
130.594.800
180,405,700

Jan, 25
Feb.
Feb.

Specie.

Loans.

Date.
Dec. M
Deo. 21
Dec. 28
Jan. 11
Jan. IS

1
8

2.096.700
.

2,076,600

do

485,000

Decrease.

18,300

series of weeks past:

LegaiTender.
8,744,6(0
8,835.700

Deposits. Circulation
24.469.600
52,695,000
24,435.80
52.309,400
52.213,100

9,186,000
9,436, • 00

54.873.6C0
54.300,6' 0
53,235,700
54,738,400
51,533,100

9,350,400
9.256,900
9,372.200
9,547,200

24,302,200

24,555.400
24,6(0.50°
24,433,900
24.311.300

24,293,000

Capital.
Banks.
$1,500,000
Philadelphia
North America
1,000,000
Farmers and Mech. 2.000,U00

Loans.

$5,560,000
4.928.000
5,642.500
2/65,000
2,090.000

„

If,-'
il,.

Commercial
Mechanics’
BankiN. Liberties.

>i'

if*'"

810,000
800,000

Bpecle.

$38,000

500,000
250,000

2,747,000

outhwark

Kensington

250,000

1,030,113

Penn
Western

iM!--

500,000
400,000

1,213,220
2,303,130

't»

>Mf

Bank of Commerce
Girard
Tradesmen’s

Consolidation

City

ommonwealth....
orn Exchange....
Union
First
Third
Sixth
Seventh

ankof Republic..
ecurlty,

116,2(0
20,(X 0
8,152

$1,625,000
2 /00,000
1,784,200

$4,215,000
4,548,000
5.S50.100

656,000
474,751
453,000
477.549
188,0( 0

1,877.000

6,237
....

1.434,233
2.145,000
1,093,806
640.607

1.000

283.585

793,050

707

3,839,000
1,426,003
1,130,331

287,399
1,049,000
413,000
237,621

2X89.643
1,518,800
729,972

8.000

39,000

*196

400,000

1.451,050
807,276

500,000

1,945,000
1,6U',00P
4,093.000

20,000

500,000
1,000,000
300,000
150,000

.

974,956
600.000
555,000
555,000

1,053.000
1,053.000

275,000
750,000
1,000,000
250,000

4,541.000
4,541.000

5.060,000
2.060,000
661,000

•

157,7(0
211,600

182,000
270,000
355.200
212,735
450,000

167,957
881,000

998,912
564,969
1.913,000

383 000

1,369,000

1,599,000

4,36 \0OO

293,000
.90,000
1!",000

8,4,000
780,000

683,604

256.8:0

441,000
285.000
8->2.000

135,000
219,30

9*. i 6U

2,000

32 .’,000

1.119.000
393,000
136,000

27,COO
S50

3,978,000

286.4.-0
563.000

913 000

786,009

412,000

180,000

$59,101,613 $377,051 $17,144,185 $18,600,473 $11,395,217
.The deviations from the returns of previous week are as follows:
Loans
Inc. $101,405 i Deposits
Dec. $716,005
Inc. 11,374
Specie
Dec. 111,803 I Circulation

T otal

$16,435,000

*

11,3701
Notes
Inc.
following are the totals for a series

Legal Tender

The

Loans.

Date.
Dec. 14

Dec. 21
Dec. 28
Jan. 11
Jan. 18
Jan. 25
Feb. 1
Feb. 8

..

..

.

..

.

..

—

.

61.047.473
60,349,785

59.882,204
59.621.422
60,087.330
t9.515,706

(9.303,018
59,101 6:3

Specie.

217.900
223.362
21 J,5 !3
495.955

488,3)5
529.297
43S 859

317,051

13.811.813

4S.952.280

14.239 619

46.106 352

11,317,890

46,010,813
47,336.480
49,290 815
49.448,502
49.316.483

15.141.951

16,191,031
17.116/61

17,132,815

48 600.478

17.144,185

11,333,904
11,349,790
11,405,905
11,416,592
»1.4

39 576

11.40! ,469
11 383 343

11.395,217

BANKING AND FINANCIAL
PER CENT. BONDS.

A limited amount for sale

by

KUHN, LOEB & CO.,
Bankers, 31 Nassau street.

RAILROAD BONDS.—Whether you wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N. Y.
ADVANCES
Made

on

Cotton in store.
R. M. WATERS & CO.

STOCK

PRIVILEGES.

As a matter of gain and safety, “Puts,” “Calls” or “Double Privilege”
contracts arc used in stock speculations by the largest operators, and very
large sums are often realized from moderate investments.
THEY COST FROM $50 TO $3C0.
Contracts negotiated through us are obtained at the best rates in the market
and on responsible parties.
WE ISSUE A PAMPHLET FREE,

explaining the various modes of operating, also showing how large profits
are realized from moderate risks.
All persons having any interest in making
Any information relating to stocks cheerfully
money should send f«r a copy.
furnished, and how the fluctuations of the market may be best taken advan¬
tage of. Address, for particulars,
TUMBRIDGE & CO., Bankers and Brokers
2 Wall street, corner Broadway, N. Y.
THIRTY-DAY STOCK PRIVILEGE

QUOTATIONS,

(By J. Ilickling & Co , Brokers, 72 Broadway, New York.)
Calls. Spreads,
Puts,
Jau. 30, 1875. Pats. Calls. Spreads. 1
1
1
1 Lake Shore....
1
West’n Union
1%
1
Ohio & Miss..
1
1
Pacific Mail...
1
1
Union Pacific.
1
Wabash
1A
Subscribe for the Wall Street Review. Price, $1 50 a year.




51

conv , ’82
conv.
g,’94.

BONDS.

101
:oo
too
107

do reg

do

105

6s.l90C
do
1890 Park 6s
do
Baltimore & Ohio 6s of ’75
do
6s ol ’80..
do
do
do
6s ol’85
Central Ohio, 1st M.,6
Marietta & Cin., 1st M.,7,1891
do
do
2d M.,7,1896
Norfolk Water 8s
North. Cent. 2d M., S. F.,4, ’85.
do
do 3d M., S. F.,6,190(
do
do Id M. (Y. & C)6,’77
do Cons, (gold) 6,1900
do
Pitts.* Connellsv.,1st M.,7, ’98
do
do
1st M., 6,188!
West Md, lstM., endorsed, 6. ’(K
do
1st M.,unend..6,'SO.,
do
2d M„endorsed,6,’90.
Baltimore & Ohio stock

■a*

Allesrhany City 6s
Pittsburg 4s...
do
do

101 k

102

6s, new

.

101k

59

76>;

5s
7s

t(3%

New Jersey State
Camden City 7s

103
UK)

6s, Exempts

Parkersburg Branch
Central Ohio

BATLROAD STOCKS.

do
pref
do
new pref
Elmira* Williamsport
Elmira* Williamsport
East Pennsylvania

37

i

do

Minehtll
Norristown

56%

Pennsylvania

,

pref....
Pennsylvania
do

8chuylklll Navigation

do

Jeff., Mad. &

*>4k
• •••

do
new 7s, 1900
*08
Connecting 6s 1900-1904
^
Dan., II. & Wilkes, 1st m„7i',*87 f*
Delaware more. 6s, various.... f®
East Penn. 1st nort.78,’88
IffEl. & W’mspoit, 1st m, 7s.’SC. jiff'%

5s,nrrp'

:00k
;0bk
100 “
53k
95

95 k
108

62 i

54k

90
69

108k 104
103
108k

96k
96k
102

Little Schuylkil List M.. 7,1677.
ioik
North Penn. 1st m, 6s, ’85
106
2dm. 7s, ’96
do

108,chat.m.,’77 . 104
mort. 7s, 1903 l»2k
Tr.’HS.

100k
'00

45k

2d M.,7,1877..

st’k guar

59

I,lstM.(I*M)7, ’81

2d M.,7,
1st M.,7,1906....
LoulBV.C.&Lex.,l8tM.,7, ’97..
Lou is. & Fr’k., 1st M.,6, ’70-’78..
do
Louisv. Loan, 6.’81.
L. & Nash. 1st M. (m.s.) 7,’77..
do Lou. Loan (m.s.)6, ’86-’87
do
do -(Leb.Br.)6,’86
do
do

IB-

j
Cape May & Millville 7s
Catawissa, 1st M. conv.,’82....'

cr n.

100k

LOUISVILLE.

Cam. & Atlan. 1st m, 7s, g. 1903 Iff*
do
2d m, 7s,’80....'1(2

.

92%

31*

Louisville 6s, ’82 to ’87
do
6s, ’97 to ’98
Watei 68,’87 to ’89..
do
do
Water Stock 6s,’97.
Wharf 68
do
do
special tax 6s of’69.

do

gen.

91%

Cincinnati Gas, stock

....

Is E. Ext.,19.0
Inc. 78 end,’94...
Belvidcre Delaware.lst m ,6,’ll
do
2d M. 6s,’85
do
do
do
3d M. 6s,’81
Camden & Amboy. 6s, ’75....
do
do

do
do

99

100k 101

7-308..

do
8 p. c.
Little Miami stock

do
pref
RAILROAD BONDS.

Oil Creek & Ala. R

94*'

iColum.,* Xenia, 1st M.,7, ’90.
Dayton* Mich., 1st M.,7 81..
do
2d M.,7,’84..
do
131
;
do
do
3d M.,7 ’83..
do To’do dep.bds,7,’81-’91
53k
;Dayton & West., 1st M.,7,1905.
do
do
j
1st M.,6,1905
[nd., Cin. & Laf., 1st M.,7
do
(I. &C) 1st M.,7,1886
51%
Little Miami, 6,1883
Cin, Ham. & Dayton stock....
Columbus & Xenia stock
Dayton & Michigan stock....

Lehigh Navigation
Morris

do

104k

94%

56k

CANAL STOCKS.
Delaware Division

-

do

,

2J k

Philadelphia * Erie
Philadelphia & Reading
Philadelphia * Trenton
United N. J. Companies
West Chester new, pref.consol
West Jersey

do

104

33% !

Northern Central
North Pennsylvania.
OH Creek & Allegheny River

Harrisburg 1st mort. 6s.’83...
H. & B. T. 181 mort. 7s, *90
do
2d inort. 7s, ’75...
do
3d m. cons. 7s, ’£5.
Ithaca & Athens g. 7s, ’90
Junction 1st mort. 6s, ’63
2d
do
1900...
do
Lehigh Valley, 6s, 1898
do
do
do reg, 1898
do
do
7s, 1910
do
do
do
con. m. 68, 1923
do
do
6s, current v.

102k
95k

Cin.,Ham. & D., 1st M., *, 80...
do
do
2d M.,7, '85...
do
do
3d M., 8,77...
i;Cin.. Ham.* Ind.7s guar
10k !Cli*. & Indiana, 1st M., 7

Nesquehoning Valley

do
6s,’83
6s, ’89
do mort. 6s,’89...

.02%
uok
101

Cincinnati Southern RR. 7.30s
Ham. Co.,Ohio 6 p. c. long bds.
do
do
7 p.c.,1 to5yre.
lg bds, 7 & 7.30?
do
do
Cin. & Cov.Bridge stock, oref
do
bonds, short
do
bonds, tong.

pref..

Little Schuylkill

do
Jo

103

Cincinnati 5s
do
63...;,
7s
do

2ik
43 k'

Huntingdon & Broad Top ..
do pref.
do

do

9uk
77k

CINCINNATI.

48k

Allegheny Val. 7 3-lOs. 1896

so

preferred

do

Camden & Atlantic
do
do
pref
Catawlssa

90

93*

...

91

Harrisburg City 6s

95%

BALTIMORE).
Maryland 6s, Jan., A., J. & U..
106
do
6s, Defence
103
103%
Baltimore 6s of’75
102%
do
1884

6s,’67, 5-10,1st...
107k
10-15, 2d...
do
15-25. 8d... no* til j
do

Philadelphia 6s, cli

100 k

look

gold, ’97

Susquehanna os

too

Pennsylvania5s, coup

87
95

Morris, 1st M., 6,1876
do
2d M., 1876
do
boat, ’85

PHILADELPHIA,

do
do

80

’77

do
do
do
do

Lehigh Valley

:
of weeks pastCirculation
Deposits.
LegaiTender

CINCINNATI MUNICIPAL 7 3-10

do
preferred
Vermont & Canada
Vermont & Massachusetts
Worcester & Nashua

do

25

iuik

UX)k
Lehigh Navigation 6s. ’31
1(W
do
RR,’97.... 95

Rutland common

205,635

-

CANAL BONDS.

Chesapeake & Dela. 6s, ’82....
Delaware Division 6s, ’73

Hampshire..

STATE AND CITY

99
87

Wilming. & Read.,1st M.,7,1900 51k
13
do
do 2d Mort, 1902

Norwich* Worcester...,
Ogdens. & L. Champlain.
do
do
pret..,. 10
*
Old Colony
103
Port.,8aco & Portsmouth

do

600,000

757.607

Jersey 1st m. 7s, ’96
Western Penn. RK.6s, 1393....

West

Concord
Pennsylvania 6s, 1910
Connecticut River
60
Schuylkill Nav. let m. 6s, ’97..
Connecticut & Passumpslc, pf.
do
2d m., 6s, 190"
55k
Eastern (Mass.)
do
m. 6s.c..’95..
Eastern (New Hampshire)....
do
6s, imp., ’80.
127*' ;27X
Fitchburg
do 6e,boat&car,1913
145
136
Manchester & Lawrence
do 78, boat &car,1915
Nashua & Lowell..
do
scrip

514.400

3.017,000
1/20,000

417X74

5,000

300,000

782.000

1.000,000
615,000
473,430
436,000
210.367

9(7.225

75,519

$1,000,000

217.90

39

r

Deposits.<

795,546

250.000
1,000,000
200,000
300,000

250,000

Eighth
Central
t

l.:92,f*)l

....

L. Tender

89k

do
2d Molt.,7,1891.L....
Vermont & Can., new, 8s
95
Vermont & Mass., 1st M. 6,*83.
136
Boston * Albany stock
Boston & Lowell Btock
liik
Boston & Maine
156k
Boston & Providence
105
Burlington & Mo. In Towa
48
do
in Nebraska
Cheshire preferred
Cin. .Sandusky * Clev.stock.

Northern otNew

lroik
93

Pitts., Cin. & St. Louis 7s

Ogdensburg & Lake Oh. Ss
Old Col. * Newport Bds, 7, ’77.
Rutland, new 7s
Verm’tCen.,l8t M.,cons.,7,’86

$51.53),ICO $24,293.(00
Ftb. 8, Is $24,6^9,000.

86

Shamokin V. & Pottsv. 7s, 1901. 69
102
Sunbury & Erie 1st m. 7s, ’77.. 20 k
Sunburv & Lewiston 7s. I860..
United N. J. c-' ns. m. 6s, 91,. 99 k
78 ‘
Warren & F. 1st m. <s,’96
107
West Chestercons. 7s, ’91

60

1869..:
equipment 10s.
funded debt 7s

do

Philadelphia Banks.—The following is the average con¬
dition of the Philadelphia National Banks for the week ending
Monday, Feb. 8, 1875 :
Total net

-f

$

181.400

533.400

Decrease. $205 300

Increase. $952,800 1 Deposits
20,100 Circulation
175,000 1

Loans

Specie...

?i*'

Eascern Mass.. 7s
Ind. Cin & Laf.7s,

folJows:

week’s returns are as

The deviations from last

773.300
742.800
657. ICC

1'57,300
853,200

102

Burlington & Mo. land gi. 7s.. 102k 103k
100k
do
do Neb. 8s. 1894.
do Neb. 8s, 1883.
do

391.400

,010.800
1,9.0.600
1,0:9.500
t

212,600

300

759.600
800,000
435,90C

631.40C

106.700
329.300

loi*

91k
97k

10 Ik
Philadelphia & Reading 6s, '80 108
do
do
7s, ’93
do
deb. bonds,’93 79
106
do
g. m.Ts.c. 1911
do
do reg,!911 107
105
do
new conv. 7s, 1893
Phil.*Read. C.&I.Co.deb.7s’a2 86
do
mtg. 7s, ’92 93 89
17

Aich. & Topeka 1st m. 7s
do
land gt. 7s....
37**
d)
2d 7s,:
99k
land’s ii.e. 12s 99
do
106k 107
Boston & Albany 7s.
Boston & Maine 7s

709.600

703.800
2.165.500

do

Perkiomen 1st m.6s,’97
Phila. & Erie 1st m.6s, ’81
do
2dm. 7s.’88

99k

Portland 6s

574 900

836.600

173.800
318.00U

4,100
213,800
19,W0
186,500

653.900
654.800
168.300
562,7(K)

2.146.400
591.500

459.100

11.600

662.300
556.900

*io

103k

103W

M„6,1875.... 102k
99k
gen. m. 1910
gen.m., reg., 1910 101k
2d

do

lio *

1*3%

~9(T

Pennsylvania, 1st M.,6,1880...

1(2 k 102k

Massachusetts 6s, Gold
do
5s, Gold
Boston 6s, Currency
do
5b, gold • •••
Chicago Sewerage 7s
do
Municipal 7s

Ask

Oil Creek 1st m. 7s, ’82
Penn* N.Y.C.&P. R’96-1.7s.906 105 k

102k 102k

Maine 6s
New Hampshire,6s
Vermont

173 500

1.287.400
1,818.200
1,254,300

496,400
112,000
298.100
283,000

46io<36

4 960,600
8.238.900
4.990.100
904,500
2 605,2(0

911,500
783.300

3S4,60(i
810.500
H96.1U0
853.600

BOSTON.

Bid

SSOtJBITISS.

Bid. Ask.

8KCTJRITIXB.

484.600

1.247.800

429.9(0

55.600
231.600
53,100
1,800
4,100
110.600

2.899.700

1 000,000
1,500,000
2,000,000

Revere

7,900

5,725,906

1,500,000
500,000

783.100

PIHUOEbPUtA. B4LTHHIRE. &c.
34

172.700

1.233.800

66.700
81i,8U0
100,500

QUOTATIONS IN BOSTON,

245.600

1.487,200
762.300
613,100
313.400
56',600

225.900

*

25.7U0
123 SOO

1.423.700

1,000,000
1,000,000

Commonwealth

29.300

3,642.000

750,000

Washington
First
Second (Granite)...
Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
Bank of Republic...

11,000
21,800
25.000

3.465.200

891.800
893.800
1,651,900
1,136.9(0

73.900

154,5(0
29 *.000
317.800
293.900
233.300
1130.900

13,700
53,200
167.300

2,(39.000

2,000.000
1,500,000
600,000
2,000.000

State

317,700

3.560.100
2,970.300

1,000,000
1,000,000

Shawmut

699,190
6,929,UK)

191,900
1,254,700

3.500

1,363,600
10.41-,W0
642.30C
2.542.900
8.359,7(0

400,000

Maverick
Merchants
Mount Vernon
New

[February 13,1875.

THE CHRONICLE.

158

1

do
do
do
do

do
do

lstM. (Mem. Br)7,*70-’75

lstM.(Leb.br.ex)7. ’80-’85
Lou.L’n(Leb.br.ex)6,’93
Consol. 1st M.,7,1898
Jefferson.. Mad. & Ind... .
Louisv., Cin. & Lex.,pref..

do
do
common.
Louisville & Nashville.,
ST. LOUIS.
94k
8t Louis 6s, Long Bonds
* 101k
do
Water 6s gold
do
do (new)* 10* >k
do
North Missouri. 1st M.7s... .
At.* Pacific guar, land grants
• to
2d M
Pacific (of Mo.) 1st M. gld....
do
do
2d M. bds.
stock
do
do
....
Kansas Pacific stock
do
1st M gld 6s. J. & D..
do
do
do F.&A
...

102"

*

And interest.

95%

J59

THE m&ONK&B.

1876.]

February 13,

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
United States Bonds ana active Railroad Stocks are quoted on a previous page and not repeated here. Prices represent
cent value, whatever the war may be.
“ JV. T. Local Securities ” are quoted in a separate list.
Bid. Ask.!

SECURITIES.

Cumberland Coal & Iron

State Ronds.
Alabama 5s, 18S3
do
5s, 1886
do
8s, 1886....;

7s,L.R.,P.B.&N.O.
7s, Miss. O. & R. Riv.

7s, Ark. Cent. R.
California 7s
7s, large bonds
do
Connecticut 6s

...

-

25
10
10
10
10
10
113

do

do
do
do
do

do
do
do
do

do
do
Joliet &

90

29

31

101

100%

39V,
99

95 V

96 V

96%

do
1878. 113
1887. 113
gold reg
do coup.. 1887. 113
do loan.. 188.3 113
do
do ..1891.
do
do ..1875.
5s, do
do ..1876.
Carolina 6s, old, .1. <fc J..
6s,
6s,
6s,
6s,
6s,
5s,

27 V
28

do
do
do
do
Fudding act, 1866...
do
1868...
do
New bonds, J. & J.
do
do
A. &<>.. 13
do
do
Special tax, Class 1.
Class 2
do
do
3
do
Class 3.
do
100
Ohio 6s, 1875
104
do 6s, 1881
105
do 6s. 1886
104
Rhode Island 6s....
30
South Carolina6s
30 V
do
Jan. & July
30 V
do

.

6

Funding act, 1866

Land 0,1989, J. & J.
Land C.1889, A. & O.
of 1S88.
7s

ennessee

nonfundable bonds.
6s, old

do
do
do
do

do ex coupon
do new bonds
do
ex coup
do
do
do new series

Texas, 10s, of 1876
Virginia 6s, old
do
do
do
do
do
do

do new bonds, 1866...
do
do
1867..
do consol, bonds
do ex matu d coup,
do
do 2d series
do deferred bonds....

<

V

64
45
63
45

44
98
30
30
30

57V
54

Railroad Mocks.

(Active previously quoted.)
Alb my & Susquehanna

98

Cental Pacific
106
Chicago & Alton
do
do pref
108%
Chic., Bur. & Quincy
Cleve., Col., Pin. <fc Indianap.. 64%
Cleveland & Pittsburg, guar... 90%
53 V
Dubuque & Sioux City
Erie pref
Hannibal & St. Joseph,
Illinois Central

pref.

Indianap. Cin. & Lafayette..
Joliet & Chicago
Long Island...
Marietta & Cin., 1st pref
2d pref
do

Michigan Central

ioi v
95

8

Missouri, Kansas «fe Texas.

3
New Jersey Southern
N. Y., New Haven & Hartford. 138
Ohio & Mississippi, pref
Pacific of Missouri
Pitts., Ft. W. & Chic., guar...
do
do special..
111
Rensselaer & Saratoga

Rome, Watertown & Ogdens..
St. Louis, Alton & T. Haute...
do
do
do
pref
Belleville & So. Illinois, pref..
St. Louis. Iron Mount. & South.

15

Toledo, Peoria & Warsaw
Toledo, Wab.& Western, pref.
Migcellaiteoii* stocks
American District Telegraph..
Boston Water Power
Canton Co .Baltimore
Cent. N. J. Land Iinprov. Co..
Delaware & Hudson Canal
American Coal.
.•

59

ui‘

...

Consolidation Coal of Md




42

75*
85

ioi’

81V
83

108

7s, conv. 109 V 110
112%
Essex, 1st mort
104V
do
2d mort
98
do
bonds
construction. 97% 100
do
104
do
7s of 1871
105V
Erie, 1st mort., extended
do

do
endorsed
2d mort., 7s, 1879
3d do
78.1883
4th do
7s, 1880
5th do
7s, 1888
7s, cons. mort. gold

*

‘

67

T2V

103%
102

98%

hds. ioi*

Long Dock bonds
85
Buff., N. Y. & Erie, 1st m.,1877.
do
do
do
large bds .
I
105
Han. & St. Jo. land grants
i
do
do
8s, conv. mort... 82%
101
i Illinois Central, 7 p. c., 1875....

Dubuque & Sioux City, 1st m..
do
do
2d div.
Cedar Falls & Minn., 1st mort.
36
Indianap., Bl. & W., 1st mort..
do
do
2d mort.. .
ioi%
Mich. So. 7 p. c. 2d mort
106
Mich. S. & N. Ind., S. F., 7 n. c.
103
Cleve. & Tol. sinking fund—
101 %
do
do new bonds
100
Cleve.,P’ville & Ash., old hds.
do
do
new bds 1U1V
Detroit, Monroe & Tol. bonds.

do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

Land

m.

105V

9i”
ioi”

O. O. & Fox R.

105* ’

£

^

'Illinois Grand

-

jDan., Urb., Bl. & P. 1st m. 7s. g

94

20

98**
40
60
68
55

do
7s
St. Jo. & C. Bl. 1st mort. 10s...
do
do
8 p. c.
St. Jo. & Den. C. 8s, gld, AV. D.
do
do
8s, gld, E.D..

85

85
85
100
60

85*’
70
60
70
50
70

Atlanta, Ga., 7s
do
8s

78
82

.-

85

Augusta, Ga., 7s, bonds

Charleston stock 6s
Charleston. S. C., 7s,

55
70
62
70
74
74
50
48
U
45
47
65
80
70
40
52
87
40
43
42
68
70
85
85
85
65
80

F. L. bds.

rgbs

100V
67
80
70
70

60

60* *

7s, Donds—
MemphiBOld bonds, 6s
Macon

do
new bonds, 6s
do
end., M. & C. RR.
Mobile 5s
do
8s

Montgomery 8s
Nashville 6s, old

...

...

70

6s, new
New Orleans 5s
do
consol. 6s
32V
do
bonds, 7s

90

do

95
85

27V

ioi”

gold7s, quarterly

do
do
do

101
101
101
101
101
40
100

10s...*.
to railroads, 6s..

Norfolk 6s

Petersburg 6s
Richmond 6s

42V Savannah 7s, old

do
7s, new
Wilmington, N. C., 6s, gold....
do
do
8s, gold

ioi* *
95
43

42%

25
95
95
90

85

35

42

102% 108%
45

*

90* *
65

100
72
45

50

55

RAILROADS.

Ala. & Cliatt. 1st m. 8s., end—
Ala. <& Tenn. R. 1st mort. 7s...
do
do
2d mort. 7s

60*
100
70
70

Atlantic & Gulf, consol
do end. Savan’h.
do
do
do stock
do
do
do guar...
Central Georgia 1st mort. 7s... 100
do
consol, m. 7s. 86
60
do
stock
Charlotte Col. & A. 1st M. 7s... 62
do
do
stock
Charleston & Savannah 6s, end
Savannah & Char. 1st in. 7s....
Cheraw & Darlington 7s
East Tenn. & Georgia 6s
East Tenn. & Va. 6s, end. Tenn 65
E. Tenn. Va. & Ga. 1st m. 7s... 82
50
do
do
stock
-

II*

30*
60
65

85
80
84

82
100
70

Georgia RR. 7s
do
stock
Greenville & Col. 7s, guar
do
do 7e, certlf....
Macon & Brunswick end. 7s...
Macon & Western stock
Macon <fe Augusta bonds
do
do
endorsed....
do
do
stock
Memphis & Charleston 1st 7s..
do
do
2d7s...
do
do
stock
Memphis & Little Rock lstm..
Mississippi Central lstm.7s...
.

2dm. 8s....
Mississippi & Tenn. 1st m. 7s..
do
do
consol. 8s.
do

98

90

85**
85

97V
85

67
70
65

66

25

Montgomery & West P. 1st 8s.
do 1st end
do
do
do income
Mont. & Eufaulal8t 8s, g. end.
Mobile & Mont. 8s, gold, end..
Mobile & Ohio sterling
do
do ex certlf
do
do
do 8s, interest
do
do 2d mort. 8s
do
do stock
N. Orleans & Jacks. 2d m. 8s...

do certlf’b 8s..
& Opelous. lstm.8s
Nashville & Chattanooga 6s...
do
N. Orleans

Norfolk & Petersburg lstm.8s
do
7s
do
*7 V
do
do
2d m. 8s
100
Northeastern, S. C., 1st m. 8s...
100

90
52
42
62

20

•••«

10 i

30

102
88
64
67
85
62
70
90
T2
72

r.

T

Ft. Dodge 1st 7s.
33
107
'Detroit, Hillsdale & In. RR.8s.
Detroit & Bay City 8s guar
Detroit, Eel ftiver & Ill. 8s.
Det., Lans. & Lake M. 1st in. 8s
do
do 2d m. 8s
99V Dutchess & Columbia 7s
50
Denver Pacific 7s, gold
ioiv
Buffalo & Erie, new bonds
60
101
Denver & Rio Grande 7s, gold.
Buffalo & State Line 7s
95
Evansville & Crawford6v.,7s..
Kalamazoo & W. Pigeon, 1st.
85
loo*
Erie & Pittsburg 1st 7s
Lake Shore-Dlv. bonds..
75
do
do
2d 7s
do
Cons, coup., 1st... 100% 100V
100
do
do
7s, epuip
do
Cons, reg., 1st
60
9iv
Evansville, Hen. & Nashv. 7s..
do
Cons, coup., 2d
Elizabethtown & Padu. 8s, con.
do
Cons, reg., 2d
Evansville, T. H. & Chic. 7s, g. 80*
Marietta «fe Cin., 1st mort
Flint & Pere M. 7s, Land grant. 95
Mich. Cent., consol. 7s, 1902 ... 103%
58
113
Fort W., Jackson & Sag. 8s.... 60
do
1st mort. 8s, 1882..
103
Grand R. & Ind. 7s, gold, guar. 102
do
equipm’t bonds... 102%
85
41* Ngw
do
do 7s, plain
Jersey Southern, 1st m.6s
96
11
Grand River Valley 8s
do
do
consol. 7s
85
102
Hous. & Texas C. 1st 7s, gold..
New York & New Haven 6s....
80
98% 99V Indianap. & Vincen. 1st 7s, guar
N. Y. Central 6s, 1883
99V Iowa Falls & Sioux C. 1st 7s...
98)
do
6s, 1887
95”
Indianapolis & St. Louis 7s....
do
6s, real estate....
99 * Jackson, Lansing & Sag. 8s....
95
do
6s, subscription.
99% 100% Jack., N. W. & S. E.lstm. g.7s
do
7s, 1876
Kansae *00.78,6x161181011, gold
do
7e, conv., 1876....
do
7s, land grant, gld
65%'
do
7s, 1865-76
do
78,
do newigld
do & Hudson, 1st m., coup,
do
6s,gld, June & Dec 38
lliv
do
1st mort., reg... 111
do
6s, do Feb. & Aug 62V
47
Hudson R. 7s, 2d m. s. fd. 1885.. 106%
do
7s, 1876, land grant 92
31
cio
7s, 3d mort., 1875... 102%
do
7s, Leaven, br’nch 64
110V 111
101V Harlem, 1st mort. 7s, coup
do
Incomes, No. 11...
111
do
do
reg....... H0%
do
No. 16...
do
98** North Missouri, 1st mort
83% 84
do
Stock
99%
Ohio & Miss., consol, sink. fd. 99%
99
Kalamazoo & South H. 8s, guar
do
do
consolidated
*S2* Kal., Allegban. & G. R. 8s,guar
do
do
do
2d
97
Kal. & White Pigeon 7s
96%
76V Central Pacific gold bonds....
Kansas City & Cameron 10s...
do San Joaquin br’neh 85% 86%
Kan. C., St. Jo. & C. B. 8s of ’85
do Cal. & Oregon 1st., 84V 85%
do
do
do 8s of ’98
6
do
State aid bonds
Keokuk & Des Moines 1st 7s... 55
87%
138 V Western Pacific bonds
L. Ont. Shore RR. 1st ill. gld 7s.
69 V Union Pacific, 1st mors, bonds 93V 93%
Lake Sup. & Miss. 1st 7s, gold. 35*
Land grants, 7s. 93% 95
do
Leav., Atcli. & N. W. 7s, guar..
98 V
Income past due 100 '
do
86% Leav., Law. & Gal. 1st m., 10s.. is*
do
Sinking fund... 86
Louisiana & Mo. Riv. 1st m. 7s. 63
90
iPacific R. of Mo., 1st mort. ...
80* Logans., Craw. & S. W. 8s,gld. 25
do
| do
1st Caron’t B.
100
Michigan Air Line Ss
|
do
do
2d mort....
Montlccllo & P. Jervis-78, gold
Pacific R. 7s, guarant’d by Mo. 100% ioiv
25
Montclair 1st 7s. gold
|Pitts., Ft. W. & Chic., 1st mort. 107V log” Mo., Kansas & Texas
gold.. si*
do
do
2d mort. 103 V
Mo. R., Ft. S. & Gulf lstm. 10s.
i
do
do
3d mort. 101V
do
do 2u in. 10s.
do
Cleve. & Pitts, consol, s. fund. 103V 105* *
N. J. Midland 1st 7s, gold
102
do
do
3d mort
do
2d 7s
96
do
do
4th mort—
N. Y. & Osw. Mid. 1st 7s, gold,
61
Col., Chic. & Ind. C. 1st mort..
do
do
2d 7s, conv.
25
do 2d mort..
do
61V
do
West. Extension 7a
94
40
Rome, Watert’n & Og.con. 1st
N. Haven, Middlet’n & W. 7s..
91
111% St. L. & Iron Mountain, lstm..
66
North. Pac. 1st m. gold 7 8-10b..
do
do
2dm..
58%
do
Land warrants,... 28
m Alton & T. H., let mort........ 105 106
Des Moines &

,

82V

CITIES.

105
105
50

62%

50
50

94%

Columbia, S. C., 6i
Columbus, Ga., 7s, bonds.

.

Valley 8s.

85

Southern Securities.
-

7s— 102 V 103V

Trunk
Chic., Dub. & Minn. 8s... "e
r «
t~
Peoria & Hannibal R. 8s..
Chicago & Iowa R. 88....
American Central 8s
Chic. & Southwestern RR. 7s
Chesapeake & 0.1st m. gold 6s
r
do
2dm. gold 7s
!Col. & Hock. V. 1st 7s, 30 years
l do
do
1st 7s, 10 years
i do
2d 7s, 20 years
do
iChlcago, C. & Dull. 8s
'Chicago, Bur. & Quincy 7s
Chic. & Can. South. 1st m. g.7s
82V Ch. D. & V., I. div., 1st ill. g. 7s.
Chic., Danv. & Vineen’s 7s, gld
Cleve., Mt. V. & Del. 7s, gold.
Connecticut Valley 7s
83% Connecticut Western 1st 7s...
40
Chicago & Midi. Lake Shore.

102* *

36
70

Creston Branch 102
Charlton Branch 102
45
M. (M. div.), g. 7s. 99

iQuincy & Warsaw 8s

45

West Wisconsin 7s, gold.......
Wisconsin Valley 8s

30
42
72
45
106

2dS.,do 78.... 100
8dS.,do 8s.... 100
4thS., do 8s... 101
5thS.,do 8s... 101
101
6th S., do 8s.

Bur., C. R. &
(In Neb.), 1st conv..
iCairo & Fulton, 1st7s,gold...,
I California Pac. RR. 7s, gold...
do
6s, 2dm., g
Canada & Southern 1st 7s, gold
’Central Pacific 7s, gold, conv..
Land grant 6s,g
do
I Central of Iowa 1st m. 7s, gold
i
do
2d in. 7s, gold
do
Keokuk & St. Paul 8s...
'Carthage <fc Bur. 8s
©V
:
IMxon, Peoria & Han. 8s.
I Bur. & M.

100
75

90

Sandusky, Mans. & Newark 7s.
St. Louis, Vandalia & T. H. 1st.
do
do
2d, guar.
St. L. & So’eastern 1st 7s, gold.
St. L. & St. Joseph 1st Cs, gold.
Southern Central of N. Y. 7s...
65
Union & Logansport 7s
Union Pacific, So. branch. 6s, g
Walkill Valley lBt 7s, gold

.

76

96%

Morris <fc Essex

.

9

April & Oct

do
do
do
do
do

Peninsula, 1st mort., conv
Chic. & Milwaukee, 1st mort..
Winona & St. Peters, 1st mort. 82”
do
do
2d mort..
106
C.,C.,C.& Ind’8.1stm.7s, S. F.
Del., Lack. & Western, 1st m.. 102%
do
do
2dm... 110

do
do
do
do
do
do

55

• ■

1st ni. C. & M.
do
do
1st Consol.
do
do
78
2d m.
do
do
do
Chic. & N. Western sink. fund. 100
int. bonds, 99
do
do
consol.hds 90
do
do
ext’n bds.
do
do
1st mort... 98%
do
do
do
cp.gld.bds 81
do
do
reg. do
do
Iowa Midland, 1st mort. 8s
104
Galena & Chicago Extended...
102%
do
do
2d mort

do
Morris &
do
do
do
do

A. &■()..
N. C.RR
J. & J.
do
....A. & O..
do coup off.J. & J..
do
do off.A.&O.

do

•

95

RR. 8b .93

Oswego & Rome 7s, guar...
70
Peoria, Pekin & J. 1st mort.
Peoria & Rock 1.7s, gold
62”
Port Huron & L. M. 7s, gld, end 25*
do
do 7s, gold...
94*
Pullman Palace Car Co. stock.
do
bds, 8s, 4th series 92
10
T9% 83
Rockf’d, R. I. & St. L. 1st 7s, gld
95
65V Rome & Watertown 7s
Rome, W. & Ogdensburg 7s...
53V 57
40
Itondout & Oswego 7s, gold...
44
Sioux City & Pacific 6s
40%
62
70
South Pacific 6s, gold
77” T9% Southern Minn, construe. 8s... 40

Illinois & So. Iowa, 1st mort...

107

Chicago, 1st mort

Bid. Ask

SECURITIES.

Omaha & Southwestern

90

Quincy «fc Toledo, 1st mort. 1890

100V

..

do
do 1876.
do 1886. 95V
do
95 V
do
do 1887.
106 V 106%
New York Bounty Loan, reg
do
do
coup, 106V 106%
do
6s, Canal Loan, 1875.
do
6s,
do
1877.

do

1st mort
income

...

do
do
do

do
do
do
do
do
North

do
do

.

Funding bonds due in 1894..
96 V
Long bus. due ’81 to ’91 incl.
95%
Asylum or Univers., due 1892. 100
Han. & St. Joseph, due 1875
100

do
do

45

Alton & T. H., 2d mort. pref...
do
do
2d mort. Income
Belleville & S. HI. R. 1st m. 8s.
Tol.. Peoria & Warsaw, E.D...
do
W.D..
do
do
do Bur. Div.
do
do 2d mort..
do
do consoles
Tol. & Wabash, 1st m. extend,
do
do
lstm. St.L. div
do
do
2d mort
do
do
equipm’t bds.
do
do
con. convert..
Hannibal & Naples, 1st mort...
Great Western, 1st mort., 1888.
do
2d mort., 1893..

Lafayette, Bl’n & Miss., lstm.
Han. & Central Missouri, 1st m.
Pekin,Lincoln & Decatur, 1st m
Cin., Lafayette & Chic., 1st m.
Del. & Hudson Canal, 1st in., ’91
do
do
1884
Chicago, Rk. Island & Pacific.
do
1887
do
Central of N. J., 1st m., new... 109
104V Long Island RR., 1st mort
do
1st consol.... 104
do
106% i07% Nashville & Decatur, 1st m. 7s.
do
do
con.conv
101
South Side, L. I., 1st m. bonds.
Am. Dock & Improve, bonds.. 100
106
Western Union Tel., 1st m. 7s.
*1 U. V* (0 l
X uu 1 ID l 111* ODj A
XJ
90
miscellaneous Ll«t,
7 3-10 do.
do
do
do
86
Atchison & P. Peak, 6s, gold...
do
do
7s, gold, R. D.
87
Atlantic & Pacific L. G. 6r, gld.
do
do
lstin.,LaC.D,
79
77
1st m.I.&M.D,
Atchison, Ton. & S. Fe, 7s, gld.
do
do
80
Atchison & Nebraska, 8 p. c...
1st in. I. & D..
do
do
80
Bur. & Mo. Riv., stock
1st in. H. & D,
do
do

30*

1876.
1877..
1878.
1879.
1880.

42

ex

Bid. Ask.

SECURITIES.

Louisiana & Mo., 1st in., guar. 87V
St. Louis, Jack. & Chic., 1st in. 99
Clilc., Bur. & Q. 8 p. e. 1st m... 112V
do
do consol, m. 7s 102% 103%
106% 107

debt 27*
7s, Penitentiary
29
6s. levee bonds
8s,
do
8s,
1875..
do
..Of 1910..
8s
102
Michigan 6s, 1878-79
102
do
6s, 1S83
105
do
7s, 1890
ioo%
Missouri 6s, due in 1875
too
do

24%
30

coup ioi*'
Chicago & Alton sinking fund.
107

99

do new bonds
do new floating

do
do
do
do
do
do
do

guar....

do

ao

100
100
100

Kentucky 6s
Louisiana 6s

do
do

Bur., C. Rapids & Minn. 1st 7s, g
Chesapeake & Ohio 6s, 1st m...

86
76

War loan

do

do

do

91

.

6V

103

Boston, Hartf. & Erie, 1st mort

83*

do
do
do

do
2d
do ’3d

do
do

28

U2V

Georgia 6s

5%

6
do
do pref
17% 17%
Maryland Coal
248
210
Pennsylvania Coal
66
Spring Mountain Coal
Railroad Ronds.
108
Albany & Susq., 1st bonds... . 107%

3TV

89,1888
8s, Mont. & Euf ’la R.
8s, Ala. & Chat. K
8s
of 1892..
Arkansas 6s, funded.
do
7s,L. R. & Ft. S. iss.
do
79, Memphis & L. R.

7s, new bonds
7s, endorsed
78, gold bonds
Indiana 5s
Illinois 6s, coupon, 1877
do
do
1879

Mariposa Land & Mining Co...

38

do
do
do
do

do
do
do

Bid. Ask.

SECURITIES.

the per

1

t

86

60
90
80
58
50
75
81
88
90
15
85

85
70

50
65

82
62
10

65

12
65
85
74

82
67

• •

*

*

75
*

•

*

is
67
62
57
12
90
85
i

r

*

93
88

Orange &

Alexandria, lsts, 6s..

2ds, 6s..
3ds, 8s..
4ths, 8s..
75”
Richm’d & Petersb’g 1st m. 7s.
60
40
Rich., Fre’ksb’g & Poto.6s....
do
do conv.7s
85
Rich. & Danv. 1st consol. 6s...
25
m. 8s
Southside, Vu., 1st

35"
105
55

35
50

50*
45
20
25
8
5

80

do
do
do

do
do
do

•

2d in., guar. 6s.
3d m. Cs
4tli m. 88
Southwest RE. Ga , 1st in.
do
do
do

do
S. Carolina
do
do
do

stock

RR. 1st in. 7s, new.

6s....
7s
stock
West Alabama 8s, guar
PAST DUE COUPONS.
Tennessee State coupons
Virginia coupons.

J

86

do

82
92

88

85

2dm. 8s...

do

95

consol, coup

jMcmphl* City coupons

86

80

75

15

100
50

• •

60
25
80
74
70
65
62
18
95
90

7i

*

•

80

70
66

80
74
-

t

T

-

65
....

90
82
91
75
90
80
80
68
...

...

•

•••

85* * sr
50
55
10
65

48
80

88

60

55

60
12
75

52
40
85

[February IS, 1875

THE CHRONICLE.

160

SECURITIES.

NEW YORK LOCAL

Companies.

Insurance Stock

Stock List*

Bank

Net Sub

Capital.
Marked thus (*) are
Par Amount. Periods.
not National.
100
100
100
25
25
25
100

America*
American Exchange.

Bowery
Broadway
Bull’s Head*
Butchers & Drovers
Central

..

3,000.000
250,000
1,000,000

100
25
100 1,000,000
100 10,000.000

City
Commerce
Continental
Corn Exchange*
Currency

100
100

East River
Eleventh Ward*

rogo’ooo

Fourth
Fulton
Gallatin
German American*..
German Exchange*...
Germania*
Greenwich*
Grocers*

& J.
J. & J.
O
J

(top

160

500:000

100
30

5000,000

Hanover

Harlem*

Importers’ & Traders’.
Irving
Leather Manufactrs...
Loaners’*
Mauufctrers’& Build.*
Manhattan*
Manni. & Merchants*.
Marine
Market
Mechanics

50

1

Q—J.
J. & J.
M.&N.
A.& O.
F.& A.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
M.&S.
J. & J.
J. & J.
J. & J.
F. & A.
J. & J.
F.& A.
J.& J.
J. & J.
j & J
J & J.
M &N
M.&N.
M.&N.
J. & J.
J. & J.
J. & J.
J. & J.
A. & O.

600,000
500,000

100
:oo

p’OOO.OOO

100

200,000
200,000

’210,000

25

300,000

40

100
100
100
50
100
100
100
50
100
103
10c
25

Mechanics & Traders..
Mercantile
Merchants
Merchants’ Ex

Metropolis*
Metropolitan
Murray Hill*
Nassau*
New York
New York County
N Y.Nat.Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*
Nortu America*
.

Oriental*
Pacific*
Park

Peoples*
Phenix
Produce*

000.000

1

25
100
50
50
100
100
100
1(X)
100
100
100
100
100
100
100
50
25
50
100
25
20
1 nr.

’100,000
1

500,C00

*500.000
600.000

500,000
450,000

2.050,000
300,000
400.000
1 (MX) Oftf,

2000,ooo
600,000

1,000,000
3.000,OCO

1,000,000
500,000
4.000,000
290,000

&
&
&
&
&
&
J.&
J &
J. &

J.
J.
J.
J
J.
J.

500,000
500 0(10

1,500!000
180,900

1,000,000
400 (V'0

300,000

91
10

20
8
4
10
8
8
7
11
14

10

ii
10
’.0
7U
10
9
8

4

8
10
14

8
10
13

1.000,000

100
100
100
100
100
100

300:000
300.000

1,000,000
200.000

2,000,090
1.000.000
1,000,000
1,000,000
1,500,000
200,000

123

•

122
•

130

Jan.2

Commerce Fire....

Commercial

’75.2%

Continental.,...,..
Eagle
"Empire City

200

Jan. 2. ’75...S
Jan. 2,’75.. .4

IOO
154
123
87

•

Excnange
90

99
99
•

Farragut

215

.

..

•

Emporium

...

99%
•

.

••••••

145

ii9

110

Nov. 2,’74...4
Jan. 2. ’75...4
Jan. 2,15...4

119%
101

12
12
10
7

Feb.l ’75...3
Jan. 2,’75...6
)au. 2,’75...5
Jan. 2,’75.3X

8

8
3

»

8
7

8
7
12
12
12
10
7

12

12

12
3
8

9
8

Jan. 2. ’75.. .7
Jan. 2,'75...6
Jan.2, ’75...4

Nov.10,’74.. 4
2% Jan.2’74.2%g
8
Jan. 2,’75-..4
Jan. 2.*75.. .5
10
10
Nov 2, 74...5
8
Jan. 2, ’75...4

8
12
11
8

100

96%
......

.

...

Lenox

Lafayette (B’klyn)
Lamar.. \
Long Island(Bkly.)

Mercantile
Merchants’

...

.

....

.

.

145
98
.....

isi
116
.....

.

—

Mechanics’(Bklyn)
101.

,

.

112

Lorillard
Manuf & Builders’.
Manhattan

Mech.&Trad’rs’—

,

...

.

.

132%

40
50
100
25
50
25
100
100
25
50
50
50
30

Knickerbocker.....

109)4

Metropolitan
National
...

Niagara
North River

People’s
Plienix (B’klyn) ..
Produce Exchange
Relief

Rutgers’.......
Safeguard
St.Nicholas
Standard

and

Star

Sterling
Par Amount. Periods.

2,000,000
1,200,000

Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn...
do
certificates.
Harlem

300.000

A. & O.

1,850,000

F.& A.
J. & J.
J. & J.
M.&S.
J. & J.

100
25

Manhattan

5 000,000

386,000
4,000,000

2,800,000

certificates...

750,000

Mutual, N. Y
Nassau.

Brooklyn

do
New York

ico 4,000,000
10

1,000,000
300,000
400,000
1,000,000
1.000,000

‘56

Westchester County

Williamsburg
serin

Bleecker St.<t Fulton Ferry—stock

100

900,000

1000
694,000
mortgage....,
Broadway dk Seventh Are—stock. 100 2,100,000
1st mortgage
100C 1,600,000
10 2,000,000
Brooklyn City—stock
1000
1st mortgage
300,000
100
Broadway (Brooklyn)—stock
200,000
400,000
Brooklyn dk Hunter's Pt—stock... 100
1st mortgage bonds
1000
900,000
Atlantic Av , Brooklyn—1st mort. 500
115.000
2d
do
100.000
do
500
3rd
164,000
Central Pk, N. dc E. River—stock 100 1,164,000
1000
550.000
1st mortgage
2d
do
1000
600,000
650.000
Christopher dt Tenth Street—stock
807,000
Cmey Island dk Brook'n—ist mort 1000
Dry Dock, E. B. dc Battery—stock 100 1,200,000
900.000
Istmortgage. cons’d
100 1,000,000
Eighth Avenue—stock
1st mortgage
1000
203,000
42d St. tfc Grand St Berry—stock.. 100
750,000
1st mortgage
1000
220,000
Central Cross Town—stock
560,000
1st

-

1st

mortgage

Second Avenue—stock
1st

mortgage

2cl

mortgage
3d mortgage
Cons. Convertible
Sixth Avenue- stock
1st

mortgage

Third Avenue—stock
1st mortgage.

Twenty-third Street—stocK
mortgage
*

M.&N.

Q-F.
M.&S.
F.& A.
J. & J.
J. & J.

5
Jan., ,’75
2% Jan. 15. ’75
4
Oct., ’74.
4 ’ Feb.,
’75.
5
Jan
’75.

30,’74
Sept 22,’74
Dec.

10
5

fan..
’75
Jan. 4, ’75

2%
4
7
5

Nov.

1 ’74.

3)4 Jan.,
Jan
J&n

5
5

’75
’75

•

9f7om,

f

7
•
T

J. & J.
J. & J.

7
3
7
3
7
5

Q-F.

J. & J.
J. & J.
J.&D,
A.& O.
A.& O.
J. & J.

-

T

Askd

228
150
100

J. & J.

97
138
9S
93
90

*>
U

6

7
5

7

100
1000
50
1000
lOiO
100(1
1000
100
1000
100
1000
100
1100

97

98
105
135
100

lu

2(1

70
69

90x

63
85

95
195
102

T2%

2,000,000
600,000
120,000

J.&D.
F.&A.

A.&O.
M.&N.
M.&N.
J. & J.

Q-F.

J. & J.
J & J.
M.&N.

5

90x
155
100

85
95

7
4

SO

70

75

do

10
13
11
8% 8% 10
20
20
30
20
10
10
10
10
10
5
io 10
10
S% 10
13
5
5
10
10
10
10
10
10
10
5
10
10
10
4
io 10 10
10
11
12% 12% 15
50
29
23
22
10
8%
10
20
20
10
17%
10
10
8% 10
10
10
10
5
10
10
5
10
7% 10
9%
5
15
io
10
7
10
10
10
10
20
10
10
10
20
20
20
15
10
10
10
10
10
10
10
10
15
15
15
14
7° 10
10
5
10
10
10
18’ 20 20 20
10
10
10
10
5
10
5
11
17
20
7
10
10
4
20
20
20
12
20
20
25
20
10
5
12
20
20
20
20
16
20
18
16
10
10
10
3%
io 12 12
15
80
20
20
20
1 1
20
14
18
20
16
20
12
18
14
12
6
10
10
10
12

10.

5
5

-

9%

5

io 10
33,235 10
66,279 10% 15% 6

131,409 5
62,186 14
216,767 14
158.628 10

10
10

12
14
14

10

■*

T

11
11)
10

Jan., ’75 .7
Jan., ’75...5
Jan., ’75. .5
Jan., ’75..5

12

170
146
93

Jan.,’75.25
Jan,.’75..5
Jan.,’75..10
Jan.,’75. 5
Jan., ;75..5
Jan.,’75..5
Jan.,’75..5

113
245
120

* * V

■P ^

c5
110
85
110
SO
95
110
125
300
S3
160
100
80

Jan., ’75. .5
Jan., ’75. .6
Feb.,’75..5
Jan., ’75..5
Jan., ’75. .5
Jan..’75...8

...

88

340
166
•••»»•

.

103

-

105
105
85
150

Jan.,’75...6
Jan.,’75..6
Jan.,’75. .8

Sep.,’74,..5
Jan..’75.U'

Jan., ’75.10
Jan., ’75.10
Jan., ’75. .5
Jan., ’75. .5
Jan., ’75. >
Jan., ’75..5
Jan., ’75. .5
Jan., ’75. .7
Jan., ’75.20
Jan., ’75. .5
Jan.,’75..5

110

•

150
130
67
100

•

.

*

160

Jan.,’75.10

-

140
•

160
85
105
100
•200
105
90
180
70
162
ISO

•

•

#

Feb.,'75.5
Jan., *75,10
Jan., ’75.10

Jan.,’75..8
Jan., ’75.10

<3

»

170
190

80
•

«

•

•

•

210

120

85

85

■Tan., ’75..5

Jan., ’75..5

*

...

Jan., ‘75.10

J«n., ’75. .5
Jan., ’75. .5

•

•

90

’75..5
Jan., ’75.19
Jan., '75.10
Jan.,’75..6 100
Jan.,’75.10 195
Feb.,’75.10 155
75
Jan., ’75. .5
Jan.. ’75..5 110
Oct.,’’74. .6
Jan..’75.10 200
Jan., ’75 10
Feb..’75.10 201
Jan., 75.10 150
Jan.,

Feb., *75..5
Jan., *75..6
Jan., ’75..5

10
13
10
14
10

f

235
110

Jan.,’75..8

11
15
10
10
16
10
14

5

•

Jan,’75.4.80 110

Feb.',’75.10

.

*

85
75
120

Oct., ’75.15

*

106
210

200
207
160
160
140

Jan., ’75..5
Jan., ’75.10

20
10

20

47.779

32,893 10
43,4-17 10

104

O

,

***

200

*5“ io” jail., ’75. 5

10

15,799 3)4
165,316 16 * 20

t

.

,

.

.

75
180
95
115
115
90
85
150
140
160
165

185
120

•

•

* * •

•

•

.

•••

......

Price

7

99
97

101%

7

May & November.
Feb.,May, Aug.& Nov.
May & November.
do
dc

1860.

6

7

1863.

6

7

Consolidated bonds

var.

Street imp. stock'
do
do

var.
var.

7

1852-67.

6
7
7
7
7

Water loan
do

....1869.

1869-71

Sewerage bonds
1866-69.
Bergen bonds
1668-69.
Assessment bonds... 1870-71.

[Quotations by N.T. Berks,
Brooklyn-Local Improvem’t

City bonds

Kings Co. bonds
*

Jr.,
7

6
6

Water loan

do
do
Ex Jan. interest.

•

7
7
7
7

Bridge bonds

IOO"

Feb.,May Aug.&Nov.

6
7
6 g.
6

ioo
96

6
5
6
5

Improvement stock.... 1869

100
150

May & November.

1<J®
100
107
98
90

101%
101%

7

1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95

1863.
co

..

Ask

91
100

1865-68.

do

i

Bid.

Payable.

1870-80
1875-79

5
6
6

1852.
1870.

Market stock

Months

Feb., May Aug.& Nov.

5
6

..1853-65.

Citv bonds
do
Park bonds
Water loan bonds

1890

Jan.,’75

do

Jersey City:
100

1890

Feb., "75

57,888
18.493

250.000

Central Park bonds. .1853-57.

do

Nov,’74

7

14%
14'

is
20
14
20
17
10

11,634 ii” 10

200,000
150,000
250,000

New York:
Water stock
1841-63.
1854-57.
do
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ct8tock.l865.
do
pipes and mains
reservoir bonds
do

do

1873

Feb.'74
.1877
1876
1885
1888

96,107
183,209

Rate.

Soldiers’aid fund

OV.1,’74

7
2
7
7
7
7

14

20
13

Interest.

Floating debt stock

75

Q.-F.

20

105
70
75

City Securities.

do

60

J. & J.

20

72%
95
150

142

liabilities, Including re-insurance, capital and profit scrip.

Dock bonds

This column shows last dividend ©n stock*, also date of maturity of bond1,




70%

797:000
167,000
1,(99,500
350,000
200,000
150,000
399,r-00
750,000250,000
2,000,000

176,013
11,840

200.000

ioo

1877

N

10

70

10

Bondsdue.

Feb.,’75
Jan.,’75

111,467
255,684
131,379
184,417

250.706

100

1882
1890

7

Q-F.

Over all

350,000
200,000
200,000
150,000
150,000
1,000,000
200,COO
200,000
300,000
200,COO
200,000
200,000
200,000
150,000
200,000
200,000

85,087

260.705
74,470
18,336
87,540
26,101
137,086
190,248
46,539

120

75

J.&D
J. & J.
J. & J.
M.&N.
A.&O.

*

10

Jan.,’75..5
Jan.,’75..7
ii 14 Jan.,’75..7
10
Jan., ’75. .5
10
7% Jan., ’75..4
10
5
Jan., ’75..5
10
Jan.,’75. .5
10
20
Dec., *74.10
20
5
July, *74..5
20
20
Feb.,’75.10
20
30
Jan.. ’75.10
10% 17 Jan.,’75..10
Feb.,’75.10
14% 20
17
Jan., ’75. !0
10
10
Jan.,’75..5
3% 10

[Quotations by Geo. K. Sistare, 24 Nassau Street.]

152%

7
7

50

Williamsburg City.

17
12

5
14
6

270

35
F. & A.
M.&N.

Tradesmen’s
United States

10

Askd

ICO
94

Jan.,75
1838
1SS1
1834
1885

50

327,584

165

isi)

100

7
7
7
7

StuyveBant

53,082

147,745
35,438
77,573

125

1880
Jan.,75
1884
Feb ,’75
1872

200,000

’

225

.

..........

J.&D.

Bid.

•

mortgage

Minth Avenue—stock
1st

•

'

1,000.000
500,000

scrip....

People’s (Brooklyn)
do
do
bonds.
do

Q-J.

50
20
50
100

Jersey City & Hoboken....

Metropolitan
do

Q-F.

Rate.

Last
dividend.

25
25
100
20
20
50
100
100
100
100
25
100
25
50
100
100
25
25
25

Resolute

132

244,672

123,827
93,874
59,418
22,533

500.000

35
100
100
50

Pacific
Park
Peter Cooper

112,555
187,544
33,329
238,988
9,930
62,187
57,210
4,520

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

37)2

N. Y. Equitable
New York Fire
N. Y. & \onkers..

80,690
277,874
24,653

280,000
150,000
200,000
150,000

50
50

Montauk (B’klyn).
Nassau (B’klyn)...

Republic
Ridgewood

..

36,766
74,204

200,000
200,010
150,000

20

iis

140
140

.

Kings Co. (B’klyn)

City It.ft. Stocks and Bonds.
[Quotations t)y Charles Otis, 47 Exchange Place.]

Gas

50

ll 3
120
106

<

86,872

500,000
200,000
3,(00,000
150,000
500,000
200,000

30

•

.

••••••

3% Julyl3,’74.3%
8
Feb. 8,’75.,4
8
Feb. 8. ’75..4
3
Jan. 2,’75...3

8
3
6
10

15

Jefferson

•

69,113
13,049

200,000
150,000

Irving
......

891,016

100
50
50
100
25
50

1871 1872 1873 1874 Last Paid. Bid

20,349 10
27,093 10
50,131 10
137,974 20

70.493
15,645
1S8,‘248
257,122

Importers’* Trad..

a ur

Nov.2.’74,-,..5

210,000

21,755

Howard

139)4

10,462
214,850
224,865
227,332
193.994
93,640

150,000

Hope

12

6
5

.

200,000
300,000
200,000
200,000
153,000
300,000

150,000
100
200,000
100 1,000,000
50
500,000
50
200,000
25
200,000

Guardian
Hamilton
Hanover
Hoffman
Home

75

Jan.2,’75 ..5
’”74.

...

200.000

10
10

Greenwich
195

Feb. 10/75..5
Jan. 2,15. .3%
Jan. 2, ’75...5
Jan. 2,’75.. .5
Vnr, •)

Firemen’s
Firemen’s Fund....
Firemen’s Trust...
Gebhard.
German-American
Germania
Globe

127

400.000

250,000
300,000
200,000
200,000
1,000,000
40
800,000
100
200,000
ICO
200,000
30
200,000
50
200,000
17
204,000

Clinton
Columbia
......

200,000
200,000

15,285
6,598
200,533
45,287
4,585
15,193
48,768
318,257

200,000

100
20
50
25
100
25
17
20
70
:oo
30
100.
50
100

Broadway
Brooklyn
Citizens*
City

..

1874.*

200,000

100

Bowery

.

...

Ian.2, ’75. .4
Jan. 4, ’75.. .5 130
Oct. 1, *74. .4
Nov.lo,’74..4 198 %
Jan. 2, ’75...5 127
Jan. 2,15...7
Jan. 2,’75...4
May, ’73...5 113
Jan.2, ’75...4
Jan., ’73...3
Jan. 2,’75 ..4
July 1,14.3)4
Jan. 2.’75...6

3%
F.& A.
F.& A.
J. & J.
J. & J.
J. & .T.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.

4.’75...4
1, 75...5
July 1, *74...4
Jan. 2, ’75...4
Jan. 4, '75.3%

25
100
50

Brewers’ & M’lst’rs
300
119

3% Feb.12,’74.3%
Jan.10,’75.. .4

io

J
J.

140
100

9

8
10
8

J.

tU

-

....

Jan. 2,’75...7
Jan. 2, ’75...5
Jan. 2,’75.. .6

4

2-50 000

100

Jan. 1,

Adriatic
AEtna
American
American Exch’e..
Amity., r
Arctic..
Atlantic.....

......

i,’75...5
4, 75..-4

14
10
12

6

J
J.
J.

132
99

2,’75...4
2, ’75...5
1, ’7L.25
2, ’75...5

3
8

10
8

J.

2, ’75...5

f

May 1,’74...7
May, 1,’74..10
N ov.1,’74. .10
Jan. 2, ’75...5
July 1. :74...4
Sept.10,’74..4

7
10
20
10

10

J.
J.

’73...4

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.

iis

117*
••••••

8
11 2-3 Nov.2, ’74..-5
8
Oct. 10,’74...4
3
Feb.l, ’74...3

12
10
10
g

.

St. Nicholas
Seventh Ward
Second
Shoe and Leather
Sixth
State oi New York....
Tenth
Third
Tradesmen’s
Union
West Side*

148

Price.

Dividends.

plus,

Companies.

Julyl0,’73.3%

4

J. & J.
J. & J
J. & J.

106 2,000,000

40
50
100

4
10

10
20
10
8
8
14
8
12
7
10
10

Q-F.

422.700

2,000,000
412,500
1,800.000

Jan. 2,'75...5
Nov 2,14...4
Jan. 2, ’75..6
Jan. 2, ’75.. 12

Askd

Bid.

Oct.,
10

10
12
7
8
7
14
15
9
10
8
8

M.&N.

1,000,000
3,000,000
200,000

Republic

100

J.
A.
J.

J

350,000

8
12
24

24
16
10
8
12
100
10
20
8

J. & J.

200,000

)00

Fifth
First

J.

J.&
J. &
F.&
J. &

100,000
1,000,000

100
25
25

j.

Q-F.

1,500,000

100

....

Dry Goods*

North River*

j7&

J. & J.
450,000 J. & J.
300,000 ev.2 mos
600,000 J. & J.

25

Chatham
Chemical
Citizens’

Q—J.

300,000
800,000
2,000,000

10

10
8

M.&N.
J. & J.
J. & J.

Last Paid.

Par Amount.

j. & J.

5;000,000

1874

1873

Wall street

(Quotations by E. S. Bailey, broker, 65

Pbice.

Dividends.

Capital.

List.

7
6

do
do
do
do

do
do
do

do
do
do
do
do
do

do
do
do
do

do
do
do

do
do
do
do
do
do

January & July.
do
do
do

do
do
do

Jan., May, July & Nov.

1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82
18771899-1902
1872-79
1874-1900
1875-91

Broker, 2% Wall st.]

January & July,
do
do
do
do

qo

do

do
do
do
do
do
do

May & November.
4o
do

92
101
91

90

109

101%
91

96
109

*105
98

99

105
99
*101

109

101%

96

101%
105
96

*103

102
97
108
106
97
101
89
102
102
101
101

S3
99
99
99
99

*

1875-80
1881-95
1915-24
1903
1915
1902-1905
18S1-95
1880-83

1875-80

101%

104%

104
108
108
105
101
98
105
97

106
109
109
107
10d
101
106
100

tFlat.

1

THE CHRONICLE

February 13, 1875.)

1 noestmcnts
AND

5#-

EXPLANATION OF STOCK AND BOND TABLES.
of the most Active Stocks and Bonds are given in the “Bank¬

ers’ Gazette,” previously.
found on preceding pages.

Full quotations of all other securities will be

2. Government Securities, with full information in regard to each
ssue,.the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published in
The Chronicle on the first of each month.
3. City Bond*,
Gas Stocks, with

and Bank, Insurance, City Railroad and

quotations, will usually be published the first three

weeks of each month, on the page immediately preceding this.
4. The Complete Tables of State Securities, City

Securi¬

ties, and Railroad and miscellaneous Stocks and Bonds
will be regularly published on the last Saturday in each month. The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished
to all regular subscribers of The Chronicle.

Arkansas Finances.—Notice

is given to the holders of Ar¬

kansas State bonds as follows :
“Under a recent act of the Legislature

hypothecation of the 1868 and 1869 bonds, or otherwise, and the
receipt covered this note.”
As to the interest and sinking fund tax the Comptroller says :
This tax has realized $95,142 52 from the assessments of 1878
and 1874, of which $17,815 have been invested in bonds for the
sinking fund, and after the interest due to-day is paid, about
$30,000 will remain in the treasury, partly in cash and partly in
Comptroller’s warrants, and if the State tax proper is reimbursed
for its payment for school and seminary interest, $10,000 will
remain applicable to the payment of past due coupons upon
bonds hereafter exchanged.”
The details of the outstanding debt of the State are given in
the monthly tables of Tiie Chronicle.
—Messrs. L. P. Bayne & Co., bankers, 54 Broad street, still have
some of the six per cent gold bonds of the
State of Florida for
sale, which they offer at 80 and accrued interest.
Missouri State Bonds.—The Governor has just issued 300
funding bonds of $1,000 each, numbering from 401 to 700 inclu¬
sive, authorized by the act of March, 1874, which provides for
the issuing of funding bonds for the purpose of paying the State
indebtedness maturing during the years 1874 and 1875, so far as
the means otherwise provided by law for their payment shall
prove insufficient.
North Carolina Special Tax Bonds.—The special tax bonds of
North Carolina, issued to the North Carolina Railroad, have been
decided by the Superior Court of Wake Co. to be invalid, on the
ground, as near as we can gather from the rather indefinite state¬
ment of the case at hand, that the agent of the State exceeded
his powers in issuing the bonds before the performance of pre¬
cedent conditions by the railroad.
There are three classes of
these bonds dealt in on the New York Stock Exchange, but their
value is nominal, class three having been to-day quoted at 7 asked
and 3 bid, and classes one and two at 3 and 34 bid.
Our advices
do not indicate whether or no the decision applies to all three of
“

STATE, CITY AND CORPORATION FINANCES.

1. Price*

161

*
of Arkansas the under¬

signed have been constituted a Board of Finance for the State,
authority to correspond with the holders of the bonds of
Arkansas, in order to agree upon some uniform plan of consoli¬
dating and settling the just debts of the State. Holders of such
bonds will do a favor to the board by conferring with them at an
early day. All letters addressed to them on the subject will re¬
ceive prompt attention.
A. H. Garland, Governor, M. M. Rose,
G. N. Peay, State Board of Finance.”
Florida Finances.—The report of the Comptroller, Hon. C. A.
Cowgill contains the statements given below. Mr. Cowgill has these issues.
bestowed much time and labor in getting the financial affairs of
It is reported by a correspondent of the Augusta Chronicle that
the State into shape, and we believe that he has worked with
some such flaw has also been discovered in the Georgia indorsed
much integrity and ability : “ My former report showed that
bonds of the Macon & Brunswick Railroad.
The decision of the
$20,000 of the bonds of 1873 had been exchanged for bonds of North Carolina Court is in harmony with the recent Louisiana
1868, and the consolidation of the bonded debt has been partially decision
invalidating the State indorsed bonds issued to the New
accomplished by the further exchange of $171,900, making a total Orleans Mobile & Texas Railroad, and with that of a committee
of $191,900 of these bonds exchanged for old bonds with interest
on the validity of the
State indorsement of Alabama & Chatta¬
due thereon upon the first day of January, 1874.
There remain
nooga Railroad bonds, the principle announced being that when
to be exchanged bonds of 1857, held in trust by the United States
the liability of a State is concerned, the appearance of authority
for various Indian tribes, amounting, with interest,to $312,522.50.
and regularity of proceeding on the part of the agent is not suffi¬
There have been exchanged for Comptroller’s warrants under
cient to bind the State, but the conditions of his authority must
the provision of Sec. 3 of Chap. 1,979, $17,300 of these bonds.
be strictly pursued, and precedent conditions on the part of the
In January fourteen bonds were delivered to L. P. Bayne & Co.,
grantee literally fulfilled, or the State will not be bound.
(and with the proceeds twenty bonds of 1869 redeemed from Investors will see at a
glance the importance, under this ruling,
hypothecation,) which completed the amount sold to him, with of
obtaining the fullest information with regard to the circum¬
the exception of one bond, No. 280, which is .' till retained as
stances surrounding the issue of this class of securities, before
security for bond No. 153 of 1869, which was lost while in the
puting their money in them.—Journal of Commerce.
custody of Mr. Bayne.
Tennessee Finances.—The new Governor, Mr. Porter, says in
“On February 20, twenty bonds were sold to C. II. Foster, Trea¬
his message it is too late to discuss the wisdom of the policy un surer, for the Sinking fund.
der which the debt was created, but how to preserve the public
This makes $300,000 of these bonds which have been sold.
faith and credit without an increase of the public burdens is the
BONDS OF 1868 AND 1869.
During the past year twenty of the bonds of 1868 and 1869 question of the greatest concern to the taxpayers; the rate of tax¬
have been redeemed and fifty nine exchanged.
All the issue are ation cannot be increased without inflicting irreparable injury
now cancelled except fourteen.
upon the people, and while this fact cannot be questioned, it must
be understood that the people of Tennessee will never repudiate
Of these No. 185 of 1868 and Nos. 107 and 153 of 1869 have not
the legitimate debt of the State. The question was fairly pre¬
been presented, but Nos. 106 and 108 to 117 of 1869 are held by
Messrs. Baltzer & Taacks of New York, and have been presented sented to them during the late canvass, and they pronounced
against it. There is an imperative necessity for a prompt reduc¬
for exchange.
This has been refused, because a committee of the Legislature tion in the expenditures of the State Government. If this is done
of 1874 recommended ‘ that the Comptroller be directed to with¬ no doubt can exist of the ability of the State to meet promptly all
hold payment of the same*until they are properly accounted for.* its obligations.
Alabama & Chattanooga.—The sale of the Alabama & Chatta¬
I am, however, satisfied that these bonds were thrown upon the
nooga Railroad was postponed on the 2d inst. by special master
market by those having them in charge, and have passed through
commissioners until the second Monday of March next.
the bauds of several different bona fide purchasers, and now con¬
Atchison Topeka & Santa Fe. —The Treasurer has issued
valid claim against the State, and they will be exchanged
stitute a
the following circular to the stock and bondholders :
unless the Legislature directs otherwise.
The directors propose to publish a complete report of the con¬
“As the coupons detached by Gen. Littlefield from the 298 bonds
when he hypothecated them with Bayne & Co., had not been re¬ dition of your property as soon as the accounts for the fiscal year
turned to the State, nor the note given by Gov. Reed to Gen. Lit¬ ending Decembur 31, 1874, can be properly audited and reliable
tlefield for $134,795 54-100, and of certain other bonds some were estimates be ma<Je of the probable earnings and expenses of the
road for the present year. In the meantime, in answer to my let¬
known and others supposed to be in the possession of persons not
entitled to them, the Comptroller published a notice cautioning ters and personal inquiries from parties in interest, we take plea¬
sure in informing you that the floating debt is paid, excepting the
parties against purchasing such bonds, in order to protect the
current liabilities in Kansas, to meet which we have ample cash
State from any illegal claim.
“The thirty bonds payable to the South Florida Railway Com¬ assets in hand. Also, that the funding scheme has been already
so far successful that only about
seven per cent, of the coupons
pany mentioned in the advertisement were part of one million
remain outstanding ; and this amount is being daily reduced, as
dollars of bonds executed by Gov. Reed, July 1, 1871, intended to
aid the South Florida Railway Company in the construction of it becomes apparent to the holders that it is clearly for their in¬
terest to fund their coupons.
It is well known that the past year
their work, and were taken to New York by C. R. Alton, State
has been unfavorable to the agricultural interest in many parts of
Engineer, and $970,000 deposited with a Trust Company, and
$30,000 hypothecated for a sum of money used by Alton without the West, including Kausas. Notwithstanding this fact, our net
earnings and our cash receipts from the sales of land have
any authority of law.
Now, 970 of these bonds ($970,000) are in the treasurer’s office equalled our estimates made at the commencement of the year.
The future prospects of the company are favorable, and from
awaiting the action of the Legislature concerning their final dis¬
all the information in our possession we are encouraged to be¬
position and the proper method to secure to the State the repay¬
lieve that the company will hereafter meet its coupons at their
ment of the expenses incurred in obtaining possession of them.
“As to the thirty bonds not yet recovered, Mr. Yulee had suit maturity. The directors are now engaged in negotiations by which
instituted in New York for their possession, and I am informed we hope to secure the building of a road from Granada to Pueblo,
in Colorado.
Pueblo is situated on the Arkansas River, at the
by Mr. Dickerson that the State will soon obtain them.
Mr. Littlefield declined to deliver the note given to him by foot of the Rocky Mountains, and is destined, at no distant day,
Gov. Reed, but has made the following endorsement upon it: to become the most important city of southern Colorado.”
Boston & Albany Railroad.—At the annual meeting of the
I relinquish all claim against the State of Florida on account of
the within note, without prejudice to my rights against Harrison Boston & Albany Railroad Company, February 10, the directors
The President announced that while the reve¬
were re-elected.
Reed.
Signed,
M. S. Littlefield.’
nue of the company continued diminished, and until the business
r'Previous to this endorsement I had obtained from Gen. Little¬
field a receipt for all moneys he had loaned the State upon the of the country was in a better condition no further expenditures
with

“

“

“

“

“

“

“

“

“

“

‘




but they desired to
complete several works already under way, and for that purpose
asked the authorization of the issue of $5,000,000 in bonds.
There were bills outstanding at the time of making up the
annual report of $1,746,000, which sum had been reduced to
$1,300,000. Money was needed to pay these. A number of
bonds would fall due on the 1st of October, and money would
have to be provided for these.
They also desired to complete
the new station at Worcester, and the elevator at East Boston.
Two thousand tons of steel rails have been bought and paid for.
Eight thousand tons more would complete the entire track from
Albany to this city. The President thought that not more than
$2,500,000 would be needed at the outside to do all this. A vote
was then passed unanimously authorizing the loan.
Cedar Rapids & Missouri Railroad.— In the suit of this
Company vs. Courtright, the United States Supreme Court holds
that the act of Congress of May, 1856, granting public lands to

would be

[February 13,1875.

THE CHRONICLE

162
made,

or

improvements be begun ;

.

December

Local passenger
Foreign passenger
Conductor’s collection

aiding a railroad on a certain line, con¬
templated the sale by the company to be benefitted of a quantity
of the land before the completion of the road; and that, the line
of the road being fixed and the location of the alternate sections
thus becoming certain, the title of the State acquired precision
and at once attached to the lands.
Hence, the State having
made a grant of lands in aid of the construction of the Iowa
Central Air-line road, and that road having conveyed a portion of

compensation for
is good, notwithstanding the road was in no
part completed as provided by the State law, as against the
plaintiff, the company, who took from the State under a second
grant, the State having annulled the original one and assumed
possession and made a second grant to the latter company.
Chesapeake & Ohio Railroad.—The former bankers and
financial agents of this company, Messrs. Fisk & Hatch, have
issued a circular, urging upon the remaining bondholders who
have not yet assented to the funding proposals, the importance
of their doing so speedily.
They say that there are now pros¬
pects of a very much enlarged business and profits, provided the
company are left free to add the requisite facilities, equipments,
&e.
To accomplish these results, and to enlist capitalists in the
completion of the lines which are to connect the Chesapeake &
Ohio with Cincinnati and Louisville, and through them with the
entire West, it is an indispensable condition that the old disa¬
bilities growing out of the panic of 1873 should be first definitely
disposed of. It appears that a large majority of the creditors and
bondholders have accepted the plan of adjustment; but that a
minority have neglected to take action in the matter.
It is not easy to see that any better plans could be proposed for
the Chesapeake & Ohio Railroad than those of its present managers,
and as first mortgage bondholders preserve their ultimate lien and
do not surrender their coupons absolutely, it appears that their
in

interests would now
tion or inaction.

error, a

contractor, as

Local freight

Foreign freight
Continental line freight—
Express
Mails
Rents
Miscellaneous

164,029 10
34,421 29-431,178 57

15,205 95
21,338 99
18,000 00

14,856 49
21,000 00
6,238 93— 56,231 92

11,597 68— 66,142 62
$951,800 35
(57-92 p.c.) 551,313 92

$988,160 83

Operafg expen’s (64‘66

638,915 18

p.c.)

Net earnings.
Other expenses—
Taxes
Int. on bonds & float’gdebt
Loss on sale Harris'n Br.st'k

$349,245 65

$400,486 43

*8,135 55
+304,996 39
770 00—313,901 94

*19,291 51
+341,543 18
—360,834 69

$35,343 71

Surplus
Less deficit June 30,

1874

$39,651 74

„

,

9,590 51

$30,151 23

Surplus Dec. 31, 1874

In 1873, Indiana taxes were assessed annually in the Spring; in 1874, semi¬
annually, this accounts for the increase in 1874 over 1873.
+ For six months ending 31 Dec., 1873, no interest is charged on equipment
*

and funded interest bonds, the first
interest on these bonds is included

coupon

maturing March 1,1874. Six months

in the statement for 1874.

Counting out the deficiency of June 30, and the extra taxes
paid in the six months, the total surplus would appear to be
$50,807. One of the features of the report is an increase in local

through passengers
Lehigh Navigation Company—This company has, through
the agency of E. W. Clark & Co., sold oue million dollars of its
seven per cent, consolidated bonds, with the proceeds of which,
business, while the receipts from

passenger
were less.

-

means of the company, it is able to pay off its entire
floating debt, which for the last seven years has been borne as an

and other

the energies and prosperities of the company.
Hudson River.—This company is about
to begin the construction of an immense grain elevator, with a
capacity of 1,500,000 bushels, opposite the new cattle yards at
Sixtieth street, North River.
The cost is estimated at between
$300,000 and $400,000.
Occidental & Oriental Steamship Company.—A notice of
this company, which proposes to run a line of steamships between
San Francisco and China, was given in the Chronicle several
We quoted at that time from one of the daily
weeks since.
papers, and stated that the contract between this company and
the Pacific railroads had been signed.
It appears, however, that
this was premature at the time, and the Tribune now announces
that the contract between the several companies has just been
signed by Vice-President C. P. Huntington on behalf of the
Central Pacific Railroad, Sidney Dillon for the Union Pacific
Railroad, and David D. Colton for the Occidental & Oriental
Steamship Company. The steamship company is organized with
a
capital of $10,000,000, and by the terms of the contract the
Pacific Railroad agrees to raise $5,000,000, while Gen. Colton, on
behalf of his company, undertakes to furnish the remainder.
In
view of the consummation of the contract, the three White Star
steamers so frequently referred to as having been engaged, the
Oceanic, Belgic and Gaelic, have been secured, and it is expected
that they will soon be on their way to New York and China,
(’apt. George II. Bradbury, ex-President of the Pacific Mail
Steamship Company, it is understood, will be the China agent of
the Company, while Gen. Colton will administer the general
affairs of the Company from San Francisco.

incubus upon

be better served by funding than by litiga¬

Columbus Chicago &

Dec.

$268,770 67
57,339 24
15,708 45—341,868 36
347,916 37
188,744 99
53,399 19—590,060 55
14,086 59

Total earnings

ending

July 1st to
31st, ’74.
$276,507 29
60,680 92
17,290 95—354,479 16
332,728 18

July let to

Dec. 31st, ’73.

Earnings.

the State of Iowa for

it to the defendant
work done, his title

earnings and expenses for the six months
31, in 1873 and 1874, shows the following:

ment of the

Indiana Central.—W. R. Fosdick and

.!. A. Roosevelt, of New York, the trustees of the first consoli¬
dated mortgage of $15,000,000, were appointed receivers of the
franchise and property of the Cincinnati Columbus and Indiana
Central Railroad, in the United States Circuit Court at Indian¬

New York Central <fe

apolis, on the 4th inst. It is alleged in the suit that the ground
of complaint is the failure on the part of the company to provide
the sinking fund required by the terms of the mortgage, and
because the lessees of the road, the Pittsburg, St. Louis & Cin¬
cinnati Railroad Company, has given notice that it will not here¬
after operate the road under the leases, and that it will file a bill
in the United States Court to be relieved of obligation to operate
the road or pay the interest on the bonds under the lease,
Oil Creek & Alleghany.—The annual meeting of stock and
because of the failure of the Cincinnati, Columbus & Indiana
The annual
Central Road to comply with its covenants to fund the second bond holders was held in Philadelphia this week.
report, read by the president, Mr. John Scott, showed the follow¬
mortgage and other indebtedness into income bonds.
December 31, 1874 :
Detroit Hillsdale & Indiana.—This railroad, 65 miles long, ing for the fiscal year ending ASSETS.
extending from Ypsilanti, Michigan, to a junction with the Fort Construction and equipment
$9,G14,313 90
48,052 39
Wayne Jackson & Saginaw road, near Hillsdale, was sold at Materials oil hand..
50.258 66
auction on the 28tli ult., for the benefit of the first mortgage Contingent fund, bonds redeemed:
Due from agents
3,873 43
bondholders, for $16,000. This wipes out the stock and second Balance in hands of treasurer
45,404 06
Individuals and companies
59,983 98
mortgage, amounting to about $800,000. The amount of the first
104,421 02
mortgage is $1,152,000, and the road, it is said, was purchased by Titusville & Petroleum Centre Railroad Company
LIABILITIES.
an association of the first mortgagees, who will probably form a
Capital stock
*.
$4,959,450 00
stock company.
Elizabeth Lexington

railroad companies

Due other

;

110.995 77

Unpaid vouchers and pay-rolls
Miscellaneous liabilities
Profit and loss to balance

$10,000,832 22
.

The

earnings and .expenses of the road during the past year

with those of the previous year

compare

the joint decree of

pany,

notice is given by J. D. Howland, master in Chancery, that
April 26, 1875. The sale
personal property of the

company.

Decrease.

$651,925 78
163,946 69

$800,682 48
235,553 20

16,643 30

$145,756 70
71,606 51

4,260 39

7,294 42

3,034 03

$1,067,733 93

$220,882 24

$562,119 68

Leavenworth Lawrence & Galveston.—The first mortgage
bondholders are requested to send their names and addresses to
Suit for foreclosure
either of the Committee before the 16th inst.
has been commenced, and prompt action is needed to protect their
interests.
Mr. A. Corbin, No. 61 Broadway, is the member of the
Committee iu New York.

Indianapolis Cincinnati & Lafayette.—A comparative state¬




...

telegraph

Miscellaneous...:

$724,996 41

$162,876 73

$28-4,732 04

$342,737 55

$53,005 51

7,5:18 20

...
.

Total

Total expenses
Net

:

—,

$846,851 72

Passengers
Mail and

follows

16,180 66

Freight

Express

as

Earnings

1874.

the Circuit Court of the United States for the District of Indiana
and for the Southern District of Illinois, made in the foreclosure
suit of the Union Trust Company of New York against this com¬
he will sell the road in Indianapolis,
will include all the equipment and

3lp245 76
1,090,381 81

;

and to make and collect calls on the stock.

Indiana & Illinois Central.—By virtue of

3,680,000 00
136,755 88

Funded debt

& Big Sandy.—The Fayette County
(Ky.) Circuit Court has issued an injunction prohibiting the
company from issuing, selling or otherwise disposing of any of
the bonds of the company.
Also from releasing or surrendering
any subscription to the stock and from pledging or mortgaging
any property or franchises of the company.
The officers are
permitted to incur debts necessary for the operations of the road,

earnings

The report says:
It will be noticed that the

1873.

7,560 56

462 64

22 36

earnings decreased in 1874 as com¬
pared with 1873 $220,882 24, or 20 08-100 per cent, while the
expenses were decreased $102,870 73, or 22 40-100 per cent.
This redaction was made without causing any deterioration in
the quality or condition of the road, but, on the contrary, about
three times as much iron was laid in 1874 as in 1873, and the
“

track is

now

in fair order.

f

February 13,
“

The

falling off in earnings was

mainly in the early months of

the first five months being over $160,000
which seems to indicate that the

the year, the decrease in
of the' whole $220,000,

period of greatest depression has been passed, and that for
ensuing year an improvement may be expected.
“The interest on the Consolidated Mortgage Bonds falling

May 1 was

defaulted upon, there being no

from which it could be
On the 12tli of July,

paid.

the

due

funds in the treasury

1874, David McCargo was appointed by the
Court of Crawford County receiver of the company, and he has
“

operated the road with ability and economy. In view of a fore¬
closure of the Consolidated Mortgage, arrangements are being
made among all the parties in interest for a re-organization of the
company.

Notice of sale is given under a decree of the Supreme Court of
Pennsylvania, in the suit of William G. Fargo and William G.
Moorhead, trustees, etc. The decree was entered December 19,
1874, and the sale will take place on Saturday, the 15tli day of
May, A. D. 1875, at 12 o’clock noon, at the Merchants’ Exchange,
in Philadelphia.
The property will be sold subject to the three
prior mortgages.”
Pacific Mail.—The House of Representatives voted, Feb. 10,
to repeal the act of 1872 granting the additional subsidy to the
Pacific Mail Steamship Company, and directing the Postmaster“

General to annul the contract for
has been made with that company,
members

the additional service which
not more than

half a dozen

voting in the negative..

Pennsylvania Railroad.—This company has purchased sev¬
enty-five acres at Harsimus Cove, with a frontage on the
North River of 1,500 feet. Eighty feet has a depth of 3,140
feet, and the remainder of 1,400 feet.
The price paid was
000,000. A pier has been built 2,320 feet long and 20 feet wide,
which is used by the Central Stock Yard and by the Transit Com

abattoir. Wharves are being con¬
pier for shipping grain,*and it is
proposed to build a grain elevator with a capacity for storing
4,000,000 bushels, and for handling $1,000,000 per day.—-New
pany as a stock yard and
There is a covered
structed.

York "Times.
Railroad Freight Rates from the West.—A press
Chicago, Feb, 11, says: “ The freight war
on between the various lines leading from this city

dispatch from
which has been carried

to the East

ineffectual attempts at a
of all the lines leading
the Baltimore & Ohio Rail¬
road, to-day adopted the tariff suggested by the Baltimore &
Ohio, and pledged themselves in writing to maintain these rates
hereafter.
Although the new rates are higher than those charged
during the last few weeks, they are very reasonable for this
season of the year, and lower than they were during the last few
winters.
There were present at the meeting, beside the Chicago
has come to an end.
After numberless
settlement, the general freight agents
from this city to the East, including

the Pennsylvania
Erie Railroad;
Shore & Mich
igan Southern, and several other prominent Eastern railway men,
who used considerable moral suasion with their Chicago agents
to bring about an amicable settlement.
The new rates on fourth
class freight and grain—the principal freights shipped from this
city to the principal points in the East—are as follows: New
York, 40 cents; Philadelphia and Baltimore, 45 cents; Boston, 45
cents.
The rates from Toledo, Indianapolis, Cincinnati, St
Louis, Peoria, Louisville, Milwaukee, and common points will
agents, J. C.

163

iTHE CHRONICLE.

1875.]

McCullough, Vice-President of

Company; J. Vilas, General Freight Agent of the
Addison Hills, General Freight Agent of the Lake

tleman stated that there were a number of first
roads in the line representing various links in
The majority of these mortgages
not
at the expiration of six months after

mortgages on
the system.

could
be foreclosed, except
default, and the remainder
required 60 days’ notice. Among this latter class were such
roads as the Great Western of Illinois, which literally began and
ended nowhere, and if a link such as this were foreclosed, the
property would be almost valueless for railroad purposes, If the
affairs of the company were carried into the courts for adjust¬
ment, it was the opinion of Mr. Cox that the right of all creditors
would be protected, and, unless fraud was shown—which has
not been alleged—whoever was appointed receiver would doubt •
less be in accord with the general policy of the management. {So

concerned, Mr. Cox
generally being
harmoniously. The first
mortgages referred to by Mr. Cox are the Toledo & Illinois, $900,000; the Lake Erie Wabash & St. Louis, $2,500,000; Great
Western, west of Decatur, $4,000 ; Illinois & Southern Iowa,
$300,000 ; Great Western of 1859, $2,495,000 ; Quincy & Toledo,
$500,000 ; Decatur & East St. Louis, $2,700,000.
—A correspondent, who objects to the funding scheme proposed
by the company, suggests a different plan, which we give, as
representing the views of one of the parties interested. He says :
The following proposition would be liberal, I think, under

as the funding of past due coupons was
stated that the propositions of the directors were
acceded to, and all was progressing

far

“

the circumstances :
“1st. To pay the
line Toledo Wabash

interest on the first mortgage bonds main
& Great Western out of the first money

received.
2d. To get an extension of
second mortgages main line,
“

Western second.

six months on the interest of the
Toledo & Wabash second, Great

Consolidated Con¬

“
3d. To fund four years’ coupons on the
vertibles into eight-year scrip.
4th. To fund five years’ coupons on the gold
ment bonds into preferred stock.
“5tli. To fund the coupons on the leased lines
relative earnings of the roads.
Those
earn
to be paid as soon as possible ;

bonds and equip¬

“

which

according to the

their interest

those which do not to be

long as may be necessary.
“6tli. The floating debt to be funded into
at 85, or carried along as the holders see
for

as

need be felt on account

of it, as the road is

funded

the new gold bonds

tit. (No uneasiness

mortgaged for its full

and, as they could not get anything
remedy is to wait.)
The above arrangement would be liberal
value ;
“

by suing, their

and equitable to

the stockholders.”

Union Pacific.—The annual election for directors will take
place in Boston on the 10th of March. As to the company’s
proposed settlement with the U. S. Government, the Tribune
publishes the letter of Mr. Dillon, the President, as submitted to
Secretary Bristow, Feb. 10. The following are extracts:

Hon. B. II. Bristow, Secretary of the Treasury:
Sir: The existing relations between the
Railroad Company lire such as benefit neither party,

Government and the Union Pacific
and tend continually to
the injury of both.
The Government, in the prosecution of what it deems to
be its just rights, has instituted legal proceedings against the company for
claims of different origin and widely divergent characler, and those claims
are
about to undergo or have already undergone judicial determination.
Nothing can be more distasteful to this company than to have even the ap¬
pearance of resisting a just demand of the Government.
* * * *
The mortgage held by the Government, in its terms and by judicial decision
of the United States Circuit Court, cannot be enforced until the maturity of
the bonds, which is near the close of the present century. The bonds aro
accumulating an interest account, also uncollectable until the principal is due.
Principal and interest when due will amount to the very large aggregate of
be regulated on the above basis.
over $77,000,000, though the actual amount advanced by the Government was
Rockford Rock Island & St. Louis. — William N. Ferry, only $-27,230,512. For this very large amount the Government has only a
second mortgage, and if it be allowed to accumulate without any provision
receiver of the Rockford Rock Island & St. Louis Railroad, has
being made to meet it, the company will probably be utterly unable to pay it.
filed a report in the United States Circuit Court in Chicago, of
The Union Pacific Railroad Company proposes to pay into the Treasury of
the United States $500,000 per annum on each first, day of July, beginning
his receipts and disbursements during the month of January
with 1875,
1875.
His receipts have been $78,887, and expenses $76,290.9*2. each first and to continue this payment for twenty years and thereafter on
day of July the payment shall be $750,000. And the money so paid
In addition to this, he has paid $15,369.16 for old matters, and in shall be held by the Secretary of the Treasury as a sinking fund to the
now has on hand $25,435.29.
The receiver states that the road credit of the Union Pacific Railroad Company, specially devoted to the extinc¬
has been so long in operation without renewal, and the material tion of the Government mortgage, interest thereon at six per cent per annum,
lawful money, payable semi-annually and the accruing interest each half year
of which it is composed has become so much worn—both iron to be carried to the account of the sinking fund to the credit of the Union
and ties, and also the material of bridges—that when the frost Paeific Railroad Company. And this annual payment by the Union Pacific
Railroad Company shall be continued without delay or default until the
goes out of the ground in the Spring there will be the most amount to the credit of the company in the hands of the Secretary of the
serious danger of accident and loss.
In order to save the road Treasury shall be equal to the full amount of the Government mortgage reck¬
and protect its patrons, the receiver thinks that the company oned at simple interest to same date. The Government lien now existing to
security for
to
of
must have a total of $507,325 at once
The receiver concludes remain as sinking fund the dischargeshallthis obligation, and of be cancelled
when the
thus created
equal the mortgage the Govern¬
by giving the number of cars employed, showing that he has in ment reckoned at simple interest; at which time said sinking fund shall be
use
127 passenger, baggage and way cars, valued at about transferred to and shall vest in the United States. And this payment shall be
full discharge of all obligations due from the company to the Government.
$75,000 in their present condition, being sixty-five per cent, of in Should
this suggestion meet with your approval, I would respectfully re¬
their first cost.
quest on behalt of the company that you lay the matter before Congress with
Rome Watertown & Ogtlensburg.—The World says : “We sur-h favorable recommendation as you may deem expedient.
Wisconsin Railroad Law.—The memorial of the Chicago &
are authorized to state that the Rome Watertown & Ogdensburg
Railroad Company has negotiated $1,000,000 of its first mortgage Northwestern and Chicago Milwaukee & St. Paul companies
consolidated bonds through Messrs. J. S. Kennedy & Co., of this lately presented to the Senate of Wisconsin, stated that on the
city. The sale of these bonds places the company in funds to several mortgages and obligations assumed by the Chicago &
Northwestern Railway Company on the 565 miles it operates in
complete its line of road to the Niagara River, where it will
Wisconsin, the sum of $1,350,135.35 is annually required to pay
connect with the Great Western Railroad of Canada and the
the interest on the Wisconsin portion of the mortgages.
The
Canada Southern Railroad.
It is expected the work will be
earnings upon the 565 miles for the year ending December 31,
completed and the line ready for through business by the month
of October next.
We take iLthat “ through business” by this 1873, were $3,190,523.64, and the operating expenses $2,163,Jine will reach New York harbor over the Delaware Lackawana 578,21, leaving for interest payments $1,026,945.43, which was
& Western road, which already extends to Oswego. The prospect $323,189.92 less than the amount required to meet the interest.
The actual loss to the Milwaukee & St. Paul Railway Company
is, therefore, of a third trunk line through the State of New York.”
Toledo Wabash & Western.—It does not appear that all the by conforming to the Potter law for the months of October, No¬
vember, and December was $130,040.09, and the revenue derived
bondholders under the mortgages on the several divisions are
by the Chicago & Northwestern Company during October and No¬
inclined to aecept the company’s funding proposition.
The vember, 1874, from passengers, was 24 per cent.,and from freight
bondholders of the Great Western and the Illinois & Southern
26 per cent, less than would have been received had the fares and
Iowa are to hold a meeting on Saturday, 13th inst. On the other
hand a report in the Journal of Commerce, states that in an inter¬ freights been computed at the rates in force prior to October 1,
1874.
view with Mr. Cox, the.president of the Wabash road, that gen¬




.Exports of Leading Articles from New York,
The folio wingtable,compiledfrom Custom House returns,sho^g
the exports of leading articles from the port of New York since

®l)c Commercial Cimes.

,

COMMERCIAL EPITOME.
Feb. 12, 1875.
This is the result of
many unfavorable circumstances. In the first place, much uncer¬
tainty exists respecting the action of Congress upon tariff and
revenue bills.
This of necessity checks business. Then again
the weather has been intensely cold, causing a serious accumu¬
lation of ice in this and other Northern harbors, and snow storms
have delayed transportation by rail. A decline in gold and ex¬
change, and scarcity and higher rates of ocean freights have, in
conjunction with the ice, impeded the export movement very ma¬
terially. Thus every active, influence has been adverse to regular
business; only where some speculative influences have been at
work have any considerable transactions been noted.
Groceries have been quite unsettled. The reports from Wash¬
ington have indicated that the project to restore the duty on tea
and coffee would fail, and these articles have declined, closing
wholly unsettled. Holders of molasses and sugars have on the
contrary, been strengthened by the proposed increase of the im¬
port duty on these articles, but with pretty full stocks, and the
new crop
now coming forward, there has been no decided
advance in prices.
As the present Congress terminates on the
4th of March the matter of import duties will soon be settled for
F riday Night,

General trade is dull and

swine

anuaryl, 1875, to all the principal foreign countries,and also tbe

totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
those mentioned in the table.

unsatisfactory.

the present.
Provisions have been less active,
lost a portion of the advance noted

g -rji Zs
a c-

©

a

a

185,735
5,000,658

2

cf » -T'O o rTm oT
CO

I

TfCOH

■

10

M

®rfCI

■

CO O 05 o OO

O

CX CO 50

.

—.

5J.2

^ O 5) ci of
o

>

u

C_j

05 m

ab oo ‘".hjjo
co' *fof c-cfyf of r- so w c? o
Ola
C)nj
lO
t— o'

co

H35S

H

O)

0*00005

•'irOHOOrtr- OCO

■hOiStj 05

.H-TO5CCQ0O5H,—i
• GO'W h ,-h i-h
in CO

’hj*o'hh

O

co

‘cOr-C

t-T

■

sow

ih
> H

coc*o5C'3COHTro*i

•

f— —I
mt-

ice

mi-o-coc-fiMi

cT

05

n»

—

o l— co

.

.CO

no
CH

P oo
OS

'CH

U

O
Q) *H

•

oct- m
-m
©*

•

t-®

•

cow

•

•

^3

5£>05mT£Oa0C0
OO

.OH505050

50 5C CO

©5

I

aetoint-HO
t-o®OrtOOB
T-i1—* ^

■

*

Ml*

•

C* -T 0O

005 TJ1

C* GO

h

•

®

xxmco

•it*

h

oi

•

OO

•

•

con*

•

•

■*"
©*

©

•

•<
■:

toIs

.8

0

05

00 00

03

5,186,393

aj

.P

o

.2 oJ
P

5,059,535

— ao
*00 CO
c.

ooo

§

>o orc* QO iO

•

•

SO 50

r

fO*

1

marketed is nearly

up

.

.05 5500 000
• -r: f K rr oo -r
• co
o* o* o h

'£> Tf<
— o

.

©

foreign exports of the new crop from Nov. 1 to Feb. 0, from
principal ports, have been as follows:

00 t-

'

^ .j- _r

o

i
'

99,788.923

175,635,791

coo
TT to

■

ooeo

»o" of of

c;^
00 c*

xi a

.n* oo o* r- or> 05 ^
—

50,027,860

•*— o
• Y-<

o o

i

25

•

SrtMKfflrt

:S;

:

c;

40,005,148

224,663,251

O.*"

*

O-'OM’f.-tTf O,. -r f— in
.TrQCI-rHfll(J;W1l“5 0fflff!Cl5

o* o e*
O
C*

Decrease

62]844.468

C: W

•

.

K 0Q
^

The

1874-5.

•

O

•

a

to a

21,557,400
63,311,780
139,794,071

rr1

•

Md|:

*-•

1873-74.

kT

© o

full average.

New

fs.
CO

,

t—

rooctfcjoioococo^xncim h_ •«*.<?* o H_ri at
s

. OO

——.

,crT

H TT »-*

O

therefore, no great difference in the number of swine
deficiency in weight yet to be ascertained, although it is

Total, lbs

o m
<
CJt O AO <
m o ■

ifJcT

*H

H

269,039
4,790,446

5,124,018

Pork, lbs
Lard, lbs
Bacon, lbs

.

•

c--r

e*

goo

lO CC

CO

•

TO Oh

1872-3
No.

1873-4.
No.

stated that the weight of those now

the

J OO O of
CO
05

.

50 -r* o

There is,
but

—< t— "O
dOr-4

and “ hog products ” have

193,035
4,925,983

Total to February 6

> c* r- *
t
) 'Tf
) OO lO (

50 o* h

0LO*

]874-5.
No.

'.

22

'5

aS
U

last week. The number of
slaughtered for three seasons have been as follows:

Week ending February 6
Previously for season

[February 13, 1875,

CHRONICLE

THE

164

12,002,000

"

9,555,400
467,312

mo*
•oc*

cow

.03
mo

pork had sold at $19 25 on the spot, and $19 55 for
May. Lard has moved freely at 14 l-16c. for spot and February
and 14|c. for March, with some business for May at 14fc. ' Bacon
3
o
has been dull at 10i@10£c. for long clear. Cutmeats have been
2 ^
firmer, but with only a moderate sale. Beef has had a moderate Sza 3^”<1
o
00
sale at steady prices. Butter has been drooping, but cheese more
'M O
steady. Tallow sold at 8 13-lGc. for prime city, and stearine at
14±c. for prime Western. To day, pork was quiet and unchanged,
but lard firmer at 14£c., spot and February, and 14 3-16c. for
March. Bacon ■ also stronger, with sales at lO£@10§c. for long
clear and 10£c. for short clear. Butter more salable at 20@35c.;
and in cheese there has been a fair export movement this week
at 10@10ic.
Ocean freights have been firmer. Room is scarce, with vessels
on the berth, but
vessels for charter are in supply equal to the

.OO

■

n* oo co

•

-i

■

i-.no

—< o

o

H?!

•

o o

■

mess

®

S8S
mo*

of H

t—

oo«

.

n* eo

©

rx a

O O*

•

t-*

■

O

r-1

00 m m 50 {- o o
o* o m ot of o m m
cocoo

.

.oo

rf »—i

*-050

•

O ^
50 50

■
1

m co
t- H

.

00 O

•

00 -o

.

■-s

demand.

Our

harbor

is

now

almost inaccesible

to sail vessels.

Yesterday, the engagements embraced : Grain direct to tbe United
Kingdom,6s. 104d. Refined petroleum to the Baltic 5s. 3d. per bbl.;
and in cases to Odessa, 30c.
To-day, the market was dull and
rates weak ; to Liverpool, by steam, grain nominal at 10£@10£d.,
and cotton 5-16d.
The market for

Kentucky tobacco lias continued dull, but
prices are firm at 10£@13£c for lugs and 14@27£c. for leaf. It is
proposed to increase the tax on this staple. The sales for the week
embraced 450 birds., of which 300 were for export and 150 for
consumption. Seed leaf has been in moderate demand ; sales em
brace: Crop of 1872, 50 cases Connecticut at 8£@12c.; 61 cases
New York on private terms, and crop of 1873, 200 cases Connecti¬
cut at 12@50c.; 112 cases Ohio at 10£@12ic., and 200 cases Penn
sylvania on private terms ; also, 200 cases sundry kinds at 8tD55c.
Spanish tobacco has been quiet but steady ; tbe sales were 500
bales Havana at 874c.@$1.25.
Linseed oil has been in moderate demand and firm. Crude fisli
oils have been quiet. Hides have been quiet; dry Buenos Ayres

quoted at 244@26c., gold, and dry Texas at 22@22£c., currency.
Fish in fair demand for all descriptions.
Whiskey advanced to
$1.10 on the proposition to increase the excise. Clover seed has
been in good demand at ll£@ll£c. per lb.
Refined petroleum has experienced a decided " break,” caused
by tbe weak advices from tbe primary markets and a falling of]
in the demand from exporters.
Prompt delivery closes at 13£c.
Crude in bulk has followed, and is now wholly nominal at Gfc.
Rosins have continued throughout the week to be very
quiet, but
figures are sustained by the steady Wilmington advices. Strained
quoted at $2 10@2 15. Spirits turpentine also had been very
quiet, but about steady at 384c. Layer raisins firm.
Turkish prunes are weak, owing to large stocks ; quoted at 8£
@9^c. Ingot copper closed quiet, but firm, at 22c., cash, for lake;
other metals quiet; American rails sold early in the week to the
extent of 12,500 tons iron at $50 50, and 11,000 tons steel at
$74 50, currency, Hops and wool generally quiet, and without
new




feature.

l-l

OQ ©
M
*

■
■

■

.

—i

.

.

.f2

m

o o
<M O

occc
O* O* H

o

:

•h

•

oo o

<5

.CO

cotC5C5
lOr«

<cc m

O

J,

c»

t-

O

50

m'cJ

l&S

m >h
coo

Oca

D

mo

>m
—•

■

•

com h

8

rr

:p«arS«.3J

in
me*

ci

•

238 -8* :r£S8

m

iS*3 §
303 §

o

■

•

Seo
r-

t-

&e*

.05

05

O CO
■Or.

•

.oo

.-rfl
•

■

iy '

[-

JM*

.2- r.'(0
05 OO
C5©

m o

2•

.
•
•

CD lO t- ? °
• l- -O
»o^OCOO?5
.501(5*0 *r^O -COoShC-jSo
q*
CO 00.• c* o ^ O
07

•

.

•

c*

17

g;

S

,

*

O’-1":

co
CO

H

'

m
H

03

i£^0*2|C5cf'TH~
H
05

oT
T-.

05

o

‘S’4- s155

a

c*

of
®

n

j©

ri

3 3 O 3

-■

14 O 33

oo

« ® ao

®

00

X>

®

00

£==^
oS sJ aj c3^
2 Cue itxsa: 00 olg o o o o'
oo°o

a]

ic

-

©

:a

■

*£

loott-ggSgefSKH
C3000QtH55

00 00

i^o :

: :
"

o

©

H

H r-c

s

I

:

© ©

.

*4

5CJ

00 <

-fa « »-•Co OS >

'

P
O

.

)
■

3(D
44)

©
ao

© ^

0-*f © M
<

-3J0 efl

•

35

55

February 13,

i

1875.]

following table, compiled from Custom House returns
the foreign imports ot leading articles at this port since
Jan. 1, 1875, and for the same period of 1874 :
[The quantity is given in packages when not otherwise specified.]

The
shows

Since

Same

Since

Jan.1,’75.

Jan.1,’75. time 1874

Earthenware.

1,754
30,104

.

Glass
Glassware

3,166
1,176

Coal, tons
Cocoa, ba"8..
Coffee, bags

4,172

Cream Tartar...
Garabier
Gum, Arabic....
Indigo
Madder
Oils, essential..

1,233

4,913
1,381

69,717

Oranges

6,410
131,571
58,987

220,387

Raisins

840

180,708

8,162 iHides.

19,877

IRice

32
711

74
721

...

,

NutsV

14
344

444

179,434
300,272

29,804

2,629

Ginger

Pepper

9,533
90,093
9,430

13,379
4,160
15,664

Woods—
"rn
i Cork
155,146 1 Fustic

1,159

Receipts of

40,680

10,598

4,208

KXPORTKD SINOK

Mahogany

1874.

Charleston*
Savannah

54,213
120

receipts of domestic produce since January
the same time in 1874, have been as follows :
The

Galveston*
New York
Florida
No. Carolina,..
....

Same

Since

Jan.1,’75.,time 1874
26,980

707 Oil cake.... Pkgs.
795
468,390 Oil, lard....
358,C47
513,669 3,757,230 Peanuts.
Wheat
bush.
Butter
.pkgs.
2,905,907 1,334,808
Corn
Cheese...
729,009 1,045,743
Cutmeats
76,750
5,738
Rye
Eggs
183.096
140,888
Barley and malt.
Pork

16,366

j

840,806

include from Balti2,181 bales and
Antwerp.

843,543
228,327

301,330
47,874

322,667
512,009

141,6-10

10.175

i

34,966
341,599
27,609

For’gn

Total.

76,612
23,583
17,243
48,206

491,040
78,101
182,540

113,098
6,644
23,657
26,514

10.023

73,501
306,966

8KPT.1 TO —

Other

1873. Britain.j France.

745,021
258,493
3b2,71i
484,357
275,018
76,629

Other porta....

42,894

....

187,336
123,780
180,660

230,197
93,262

Total this year. 2635,772
Total last year.

j

Jan.1,’75. time 1874 |

...

Norfolk*

1, 1875, and for

1.
Great

New Orleans...
Mobile

1,798

37,628
16,898

j1 Logwood

8INOB 8BPT.

PORTS.

Domestic Produce.«

Same

839,253

1,535,511

dates:
BKOKIPT8

‘Spices, &c.—
!

75,000

83.794

71,406
1,515,123

10,7 0
229.267

170.245

17,021

315

87,580
1,261

Since

38.793

154

298
89
,

19,943

undressed.. 1,335,327 1,485,961
44,225

^Saltpetre

Jewelry

5^555

Cassia

30

Jewelry, &c.—

5,642
2,365

5,041 1

5,785

Iynry

$153,499

7,194
77,709
37,589

Lemons...

1,180

847
350
‘

$128,062

1,000 'Fancy goods..
2,692 Fish
2,943 Fruits, &c.—

2.858

105,401
5,356

by
..

10,058
5,393

besides the above exports

217; 079

Ell,523

66 .Corks

343

11,331
13.300

LW Our telegram from New Orleans to-night shows that
the amount of cotton on shipboard, and
engaged for shipment at that port, is as follows : For Liverpool,
54,000 bales; for Havre, 32,000 bales ; for Continent, 50,500 bales ;
for coastwise ports, 5,000 bales ; total, 141,500 bales ; which, if de¬
ducted from the stock, would leave 150,500 bales representing the
quantity at the landing and in presses unsold or awaiting orders.]
From the foregoing statement, it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 12,298 bales, while the stocks to¬
night are 1,553 bales less than they were at this time a year
ago. The following is our usual table showing the movement
of cotton at all the ports from Sept. 1 to Feb. 5, the latest mail

17,467

10,785
243,695
146,579
4,377

8,249
3,264
7,118

1,745 'Cigars

2',973

53,4s4
105,145
8U.059

5,582

bales

448

value

2,470

340,324
65,548
49,550
83,975
116,056
120,323
65,000

3,493

*
The exports this week under the head of “other ports”
tlmore 476 bales and 173 bags sea lslaud to Liverpool; from Boston
54 bags sea island to Liverpool; from Philadelphia 313
to

12,639

272

Wines
319
821 Wool, bales
217 Articles reported
125 ,
—

2,600

Hemp, bales
Hides, &c—
Bristles
Hides, dressed..

8,685

Wines, &c—
Champagne, bks.

....

472
218
97
120
845
81

Soda, bi-carb—
ftnrlfl sal
Soda ash
Flax
FnrR
Gunny cloth
JJflir

574
43

443
10

3,014
179.4J5

1 1,136.411

2,250

292,017
63,303

1874.

....

323^264

Tobacco
Waste

2,080

2,647

3‘,6’4

1875.

34,547

30,388
4,365
10,244
6,280
7,514
9,385
3,230

475

57,692

....

7,530
73,749

93,822
1,201839

615 Rags
163,934 Sugar, hhds, tcs. &
bids
Sugar, bxs & bags.
5,772 Tea

407

powders...

Blea.

875

.

1,368
121,466

Drugs, &c—
Bark, Peruvian..

86,946
9,854

Tin, boxes
Tin'slabs, lbs...

Total
Since Sept.

30,460

Contin’t

Totalthls 8amew’k
1874.
week.

2,1S9

4,980
3.790
7,534
6,412
2,887

Galveston
New York...
Other ports*

193

France

23,199
3,890

NewOrleans.
Mobile

30,051

Steel

4871

675

Week ending
G. Brit.
Feb. 12.

483

7,723

Scoek.

Exported to—

Same
time 1874

409
378

Lead, pigs
Spelter, lbs

821

1,04.0

season.

....

Hardware
Iron. RR. bars...

1,142
LS70
41,084
1,938

528

week of last

Charleston...
Savannah

Metals, &c.—
Cutlery

China, Glass and
Earthenware—

bales. Below are the
for the corresponding

made up this evening, are now 839,253
exports and stocks for the week and also
as

Leading Articles.

Imports of

165

CHRONICLE.

THE

2.496

9,667

262,056
135,943

4,022

24,515

12,749
49,158
52,933

11,699
45,575
88,825

1078,719

....

12694,202 ,972,108

Stock.

Ports.

101,542
122,709

126,879
141,703

209,197

1,050
3,533
14,103

Coast¬
wise

67,952

286,691
61,758

58,797
101,319
79,935

167,085
10^75
55,417
245,501

5,567
12,307

61,000

218,567

218,165

1473,717, 671,S58

833,459

261,534

176,431

1451,807

938,195

825,439

the head of
included City

*
Under the head of Charleston is included Port Royal, &c.; under
Galveston is included Indianola, &c.; under the head of Norfolk is

Point, &o.

the spot during the
early part of the week, and on Tuesday quotations were advanced
21,014
|c for good ordinary and low middling, new classification, but
80,744
the demand fell off, and the advance was .barely maintained.
18,816
34.971
15,095
23.764
Holders were offering good lines of cotton with more freedom,
Grass'seed.baes.
7,246
Beef.
11,021
8,500
77,672
Lard
but were not inclined to make any reduction in prices.
Stocks
16,253
12,729
Peas
bush.
1,480
Lard
.kegs.
35,475
25,855
C. meal
bbls.
2,154
begin to accumulate at this point, and under a decline in gold and
Pkgs.
184,067 Rice
101,737
Cotton
bales.
28,235
28,040
288 Starch
45
3,046 exchange, scarcity of freight room, the obstructions to the spin¬
3,112
350,000 ‘Stearine....
275,806
9,814
bbls
3,614 Sugar
3,424
Hops
bales.
’i96 ning demand growing out of the strikes and cold weather, and
5,843
..hhds.
377.69S Sugar
397.921
Leather. ...sides.
5,907 the steady receipts at the ports and the interior towns of the
2.580
19,591 jTaliow... . Pkgs.
17,207
Molasses., .bbls.
21,231
15,738
651
1,944 Tobacco
To-day, the mar¬
Cr. turp. ..bbls.
3,907 South, there is less confidence felt by holders.
2,535
.hhds.
7,663 Tobacco
4,830
Spirits'turpen...
25,775 ket was dull, and the sale of a short notice for February at 15fc
25,151
37,091 Whiskey...
51,867
Rosin
5.813
4,157
.bales
5.334 Wool
2.079
Tar
demonstrated the weakness of prices, but there was no reduction
67,992
37,982
42 Dressed Hogs. .No.
Pitch
of quotations.
For future delivery prices have fluctuated.
COTTON.
There has been a pretty strong party operating on the idea
that a reduced crop is assured; while those holding the
Friday, P. M., February 12, 1875.
opposite view have suffered such severe losses the past
By special telegrams received to-night from the Southern Ports, few weeks, and have been so often disappointed in the matter of
we are in possession of the returns showing the receipts, exports,
receipts at the ports, that they have lost courage. At the close
of Tuesday’s business, however, with more liberal receipts at the
&c., of cotton for the week ending this evening Feb. 12. It interior towns at the South, and some indications of compara¬
appears that the total receipts for the seven days have reached
tively free receipts at the ports for the remainder of the week,
103,461 bales, against 108,152 bales last week, 115,700 bales the the offerings on sale were increased, but they were quickly taken
previous week, and 101,69S$bales three weeks since, making the up, and the closing prices of Wednesday wrere the highest of the
otal receipts since the first of September, 18;4, 2,739,233 bales, day, and really higher than the prices accepted after ’Change on
Tuesday. But yesterday, with dull accounts from Liverpool, a
against 2,820,407 bales for the same period of 1873-74, showing a decline in gold, and receipts at the ports showing a material
decrease since September 1, 1874, of 87,174 bales.
The detail of increase over comparative dates, some weakness was developed,
though the faith of the operators for higher prices was by no
the receipts for this week (as per telegraph) and for corresponding

Ashes

•

pkgs.

875

5,911
103,166

..

...

*

..

.

•

6,584
92,947
43,894
81,476
20,602
31,926
3,909
45,182
5,786
4,929

The market ruled very

strong for cotton on

1

.

1

■

.

-

weeks of five

1871.

187*4.

1373.

1874.

1373.

at—
J

New Orleans
Mobile
Charleston
Port Royal, &c
Savannah....,
Galveston

bales.

731

18,3 Is
11,277

7.

Indianola, &c
Tennessee, &c

.'...

Florida
North Carolina
Norfolk

City Point,
Total this week
Total since Sent. 1...

316

5,<170

47,-791
11,930

57,920

10,0)2
9,324

l
’

15*,5i 4
11,393
1,394
8,835

2,u9.'

13,647

474

489

103,161

2,739,233

i

j

!

|

2,297 I
11,818 1
492 |

807

5,531
663
1,709
6,V79
933

' 122,052 j 86,235 j
| 2,501,568 I 2,093,033 |




7,379

7,395
5,960

6,05*9

814

533

1,879

1,933

J 12,913

6,521

161,095
2,510,651

1,933,831

ness

cent.
After
15 25 32c for

’Change there were sales at 15

23-32c for February,

and 16 13-32c for May.
The total sales for forward delivery for the week are 117,000
bales, including
free on board. For immediate delivery the
total sales foot up this weeks,468 bales, including 4,776 for ex
port, 1,923 for consumption, 1,266 for speculation and 503 in
transit. Of the above, 1,450 bales were to arrive.
The follow¬
ing are the closing quotations :
March, 16|@16 l-16c for April,

98,544

132,203 |
2.826,407

11,469

12,786

5,603

8,319

51,301

27,007
8,680

6,597

15,151

11,102 j

1870.

67,666
19,762
9,583

35,162
7,982

j

33J

706
1,063

7,957

^

10,153
11,760

!

New Classification.

reach a total
Britain, 3,014 to
while the stocks

exports for the week ending this evening
of 71,406 bales, of which 57,692 were to Great
France, and 10,700 to the rest of the Continent,
The

s

3i,185
11,983
8,941

1

shaken.

months

I

Received this week

To-day, there was some irregularity—the early
showing some recovery, but for Summer deliveries weak¬
was developed, but the decline in no case exceeding 1-32 per

means

follows:

previous years are as

Ordinary
Good Ordinary
Low Middling

Middling

Good Middling
Middling Fair.
Fair

per !b.

Uplands.
13

®...

14*®....
15 *®....
15*®...
16*®....
16*®...
17*©....

Alabama.
13

©....

14*®....
15*©....
15*®....
16*0....
16*®....
17*®....

New
Orleans.

Texas.

13*®....
14*®....
15*®....
16 ®....
16*®....

13*®...,
14*®...,
15*®....

17

@....

17*®....

16

@...,

16*®...,
17

®...,

17*®....

[February 13, 1875. J

THE CHRONICLE.

166

give the sales ot spot and transit cotton and price of the past week has been pleasant. The rainfall has reached
twenty hundredths of an inch, and the thermometer averaged 43.
Uplands
this market each day of the past week :
Augusta.—We had two rainy days the first of the week, the
PBIOK8.
SALKS.
latter part being clear and pleasant. The rainfall has reached
LOW
Mid
Good
New
Con- Spec- Tran¬
one
inch and thirty-eight hundredths. The thermometer has
Total. Ord’ry Ord’ry. Mldl’g. dllns
sit.
Classification. Exp’t. sump. ula’n
averaged 37.
15%
15%
150
14%
1,725
176
Saturday
1,409
Below

we

00 090.7171.6.13
263

363

333
335
51)5
119

215
403
110
330

681

59

2,507

Monday
Tuesday
Wednesday
Thursday

3)4
40
175

Friday

1,923

4,776

Total

'503

503

1,265

,

3,0 5
1,631
745
6:4

15%
15%
15%
15%

14%

15%
15%
15%
15%
15%

15%

....

....

....

14%
11%

1GCCCOaOJ

14%

11%

C
COO

1

8,463

....

delivery the sales (including
free on board)
have reached during the week 107,000 bales (all low middling or

following statement we have also received by telegraph,

The

showing the height of the rivers at the points named at 3 o’clock

iliis afternoon (Friday, Feb. 12)'.
We give last year’s figures
(Friday, Feb. 13, 1874) for comparison :
■Feb. 12, 1875.—.
Feet.

For forward

the following is a statement of

the basis of low middliug),and
the sales and prices :

on

bales.

For February,
bales.
ete.

cte.

15 21 32

1,500
1,400

15 11-16
15 23-32

2.800

15 13-16

1 (XX)

16 3-16
16 7-32

2 500
200

For March.
200
15 21-32

total April.
For May.

31 ,<300

15 11-16
15 23-33
15 V
15 25-32
15 13-16

8.600

1C 3-32
16%
16 5-32

10,000

16 5-16

900

16 15-32

16%

16 11-32

The following will
basis of low middling

eis.

17 1-16

800

7,300 total July.
For Au
200
200
800
400
200.

For June.
1.200
16%
100
16 21-32
800
16 21 16

1,000

16 23-32

500

16%

1 17-32
17 1-16
17 3 32

17%
17 5-32

1,300 total Aug.

6.700 total June.
For July.
16%
700

For
103

September.

16 9-16
16 19-32

200

16 29-32

300 total Sept.

16 15-16

show the closing prices each day on the
uplands (old classification) for the several

deliveries named:
Frl.

Sat.

15%

16%

15%
15 21-32
15%
16%

16 17-32
16 13-16
17 1-16

16 13-32
16 23-32
16 3L-32

11%

spot
February

On

17%

13 13-16
15 29-32

March

April
May
June

July
August

September....
Gold
Exchange
Bales spot
Bales future...

16 9-16

114%
4.84

114%
4.83*

Thurs.

Mon.

Tnes.

Wed.

15%

15%

15%
15%

15%

16%

16%

9-16
23-32
1-32
5-16

15
15
16
16

16%
16%
17 1-32
•

•

•

15 25-32
15 27-32
16 5-32

16 15 32
16 25-32
17 1-32
17 1-16

114%
4.83%

1,726

634

26.200

22,700

23.900

16 17-32

16%
17 1-32
17 5-32
•

•

2,032

15 23-32
15 13-16 * 15 25-32

114%
4.93%
3,055
14.S0O

•

•

•

114*
4.83%
1,634
16.7UO

16 7-16:

16*

16*
16 15-16

•

•

•

»

been

a

•

•

•

•

.

•

•

•

114%
4.33%

1 !4 *

745
21.800

624

Weather Reports by Telegraph.—Considerable
fallen in many

Frl.
15%
15 23-32
15 25-32
16%
16 7-16

17

17%

4.83%
7.900

rain has

sections of the South the past week, and it ha*

part of the time unusually cold, but

the roads would

to be improving in most sections.
Galveston.—It has rained hero on four days this week—two
days hard and two days showery, but as the week closes there is
a favorable change.
Plowing had begun in Southern Texas, but
was checked by Tuesday’s hard rain.
The rainfall for the week
is one inch and four hundredths, and the thermometer has aver¬
appear

aged 01—the highest being 07 and the lowest 35.
Indianola.—Rain has fallen on five days—one day hard and
four days drizzling, the rainfall being eiglity-nine hundredths of
an inch.
The thermometer has averaged 49—the lowest being 33
and the highest 72.
Corsicana, Texas.—It has been showery on two days this week,
the rainfall reaching eight hundredths of an inch.
Ice formed
in this vicinity on two nights, the thermometer averaging for the
week 40—the highest being 73 and the lowest 19.
New Orleans.—There has been a rainfall of three and eightyone hundredths inches the past week, rain having fallen on three
days. Average thermometer 43.
Vicksburg.—The weather the past week has been fair, rain
falling on one day to the extent of one and fifty-four hundredths
inches, and the thermometer averaging 45.
Nashville.—It rained slightly here on three days of the past
week, the rainfall reaching forty eight hundredths of an inch.
The thermometer has averaged 27.
Memphis.—We have had one rainy day the pa?t week, the
rainfall reaching one inch and one hundredth. The highest
range of the thermometer the past week was 40, the lowest 22,
and the average 31.
Mobile.—It rained severely one day, and was showery one day ;
the rest of the week being pleasant.
The rainfall was one inch
and sixty-five hundredths.
The average thermometer was 45,
the highest 05, and the lowest 28.
Montgomery.—There were two rainy days the earlier part of
the week, the latter part being clear and pleasant; the rainfall
reaching two and thirty-nine hundredths inches. Average ther¬
mometer, 41.
-was one rainy day the past week, the rest of the
being pleasant. The rainfall has reached one and eightytwo hundredths inches, and the thermometer has averaged 00.
Macon.—The leather here, excepting one heavy shower, has
been cold and dry, resulting in a better condition of the roads.
Average thermometer for the week, 42.
Atlanta.—No rain has fallen the past week. The thermometer
has averaged 32.
Columbus.—Rain fell on one day the past week, the rainfall
reaching one and ninety-three hundredths inches. The ther¬
mometer has averaged 45.
Savannah.—With the exception of one rainy day, the weather

Selma.—There

week




high water mark,

Memphis
Above
Above
Nashville.'
Shreveport.... Above
Vicksburg
Above

low-water
low-water
low-water
low-water

.

mark,
mark.

.

.

mark.
mark

.

.

9

20
11
21
28

o

ry

3

r-

Feb. 13, 1874.—>
Feet.
4
18
13
21
35

Inch.
0
6
«
6
6

Now Orleans reported below liigh-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed toj high-water
mark of April 15 and 16, 1874, which is 6-10tlis of a foot above
1871, or 16 feet above low-water mark at that point.

gust.

16 25-32

16%

1,200

•

16,600 total May.

16 1-16

7itKX)

8.900 total Feb.

1,200
2,700
8,000

16
16 1-82

2,700

15 25-32

1,100

April.

1,200

15*

700

For

17
17 1-82

16 7-16

2,600

34,300 total March.

15%

16 31-32

1,300
1,300

16 13-32

6 600

15%

...15 9-16

200
700

2,000

15 27-32

bales.
400

cts.

2,200

5,300

400

ano

bales.

New Orleans..Below

Inch.
<i
9
11

TnE

Dry Goods Trade

and

Cotton Spinning.—However

may endeavor to believe the contrary,the fact is beyond
dispute, that the cotton goods trade continues in a very unsatis¬
factory condition. This is the more surprising when we consider
the reduced production of the past four months. That we may
the better understand the situation, let us bring together the
facts affecting it.
1. It will he remembered that early in the fall efforts were
made to have all the Northern mills run on short time, but these
efforts were only partially successful. In October, November

much

and

we

December it

was

intended that there should be

a

uniform

mills, however, especially those at
Lowell, did not accede to the arrangement, and the reduction was
unequal in those which participated. Hence, the average falling
off in the consumption of cotton for all New England did not
reduction of one-third ; some

probably exceed 25 per cent for the three months.
2. Early in January most of the mills started to nominal full
time, yet many had not reached that condition when short water
interfered. The prolonged winter drought and extraordinary
freezing of the water courses have now so reduced the active mill
power, that it is said the average production of all the New Eng¬
land mil)s (including those run by steam) is less than two-tliirds
of full capacity. The two days’ thaw of last week (including
part of one day of rain) was followed so sharply by hard freezing
that the gain of water power in the mill streams was but slighti
and that quickly lost.
It may therefore be safely estimated that
for the past three weeks the running of cotton spindles in the
average throughout New England is reduced by lack of water,
by strikes and by voluntary reduction fully one-third of their
full capacity.
.

3. But the remarkable circumstance in

the situation is that not-

withstanding the production of cotton goods in the average, is
only two-tliirds of full capacity of spindles, while gold is
advancing, cotton advancing, money superabundant for good bor¬
rowers at low rates ;—notwithstanding
all this, the market
refuses to take even tlie reduced production, and some leading
styles of goods (New York mills and Wamsutta in the fine goods,
and others in more common sorts) are compelled to drop prices to
effect sales, and the mills that held surplus, say of 1,000 to 2,000
packages, not only fail to get the nominal advance of £c., but fail
to close out the whole of surplus when offering it at the lowest
Drives of December.
In a word, the condition of the people is
such that they will not take the production. How and when is
this to be changed ?
thus

Bombay Shipments.—According to our cable dispatch received
to-day, there have been 20,000 bales shipped from Bombay to
Great Britain the past week and 8,000 bales to the Continent,
while the receipts at Bombay during the same time have been
45.000 bales.
The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay
and are brought down to Thursday, Feb. 11:

^-Shipments this week—* —Shipments since Jail. 1Great
Britain.

1875
1874
1873

Con-

tineat.

Total.

20,000

8,000

19,000

10,000

28,000
29,000

27.000

4,000

31,000

Great
Britain.

Cou-

tinent.

Total.

95,000
63,000
72,000

51,003
34,000
28,000

116,003
97,000
100,000

Receipts—>
This

Since

week.
45.000

Jan. 1.

36,000
36,000

198,000
159,000
157,000

foregoing it would appear that compared with last
there is a decrease of '1,000 bales this year in the week’s
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 49,000 bales
compared with the corresponding period of 1873.
Gunny Bags. Bagging, &c.—There has been a considerable
speculative demand for bagging daring the past week and prices
have advanced, closing firm, with llf@12c. asked for prompt
delivery. The sales are 500 rolls in Boston at ll£c. cash ; 1,000
rolls, June or July, at 12c.; in this market, 500 rolls, spot, at ll^c.;
1,500 rolls, June, at 12c., and other reported sales, for future de¬
livery, of 2,000 rolls at 12@12£c. In bags there has been nothing
doing. Jute butts have been active and higher, as expected, on
the new tariff bill becoming a law. Sales the past week are 1,200
bales at 2|c., cash, and 2 9 16c., time, and one parcel at 2 13-16c.;
From the

year

February 18,

167

THE CHRONICLE.

1875.]

3,700 bales reported ex-Joshua at 2£c., cash, but this lot is
again offering on the market at tbe advance. The market closes

Exports of

18T4

Cotton(bales) from New York since Sept.l •

also,

9:16@2fc., time, with a possibility of buying some lots at 2|c.
Supply op Cotton as Made up by Cable and Tele¬
graph.—Below we give our table of visible supply, as made up
at

2

EXPORTED TO

night. The continental stocks are the
the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence to make the totals the
complete figures for to night (Feb. 12). we add the item of exports
from the United States, including in it the exports of Friday
only.

1875.

1874.

622.000

442,000
198,000

185,750

902,750
117,500
10,250
48,000

Stock at Barcelona
Stoca at Hamburg

610,000

29,000

12.0)0

Stock at Marseilles

807,750
103,000
9,500
19,000
25,509
61,250
21,500
12,500
24,000

Stock at Rotterdam
Stock at Antwerp.

14,000

Stock at other continental ports.

Feb.

3.

10.

9112

5,772

6,412

....

....

3.082
••

3,082

Total to Gt. Britain

Total to N. Europe.

50

1,211,500

Stock in United States ports
Stock

in

United States interior ports....

140,000

73,000
840,806

137,539

153,096
13,009

9,000

United States exports to-day

3,397

406,000
185,750

185,750

190,250

180,009

140,0'JO

73,000

907,500

995,000
2,001,902

Total visible

2,996,902

3,858

Col u mb u 8

886

Macon

851

Montgomery....

739

5,343
1,715
1,868
1,337

4,344

1,216

4,596
2,108

9,407

982

1,103

313

845

1,114
15,478
3,128

1,665
17,193
2,314

27,481
15,927
12,266
3,435
4,473
71,477
18,037

997

1,633

Memphis

9,319

Nashville

1,978

8,639
2,891

4,881
5,786
69,374
17,698

18,631

23,426

137,530

26,575

29,914

153,096

4,260
1,129
2,453
2,023

3,857

8.522

4,205

29,816

2,499

16,400

3,994
1,200
3,679
10,045

3,870

1,109

6,269
3,171

9,865

11,670

55,686

18,918

35,096

193,216

..

Selma

Total, old

Shreveport
Atlanta

St. Louis

Cincinnati

,

Total, new,.

..

28,496

Total, all...
|

y l/CL 1 £3 Cl HU VT U LX A U

than at
bales less than
The

3,265

2,302
9,968

15,449
16,349

16,940

43,585

45,493

U " ■ LJ V. 1 Vi. X ■ » UV11 u X u u w u u

the same week

exports o! cotton

46,854

196,681

u Mi » v ,vw 7 eOl S e

last year.

this week from New

York show an

compared with last week, the total reaching 9,385
bales, against 5,772 bales last week. Below wo 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 ex¬
ports and direction since Sept. 1,1874; and in the last column
the total for the same p3riod of the previous year,

increase, as




10,212

26 785

2,269

Virginia

3.557

1,480

North’rn Porte
Tennessee, &c

37,167)

831

•

..

....

121,408!
11,030!

2,090

1
3,893!

677

47.895'

2,897

79,526;

1,167

...

44,766'

500

62

889!

....

!

...

1,121

6,661
13,670
48,441

2,115
...

....

1,006

19,954

11,361

...

....

-1

760

i

....

...

....

20,6i2

,

4,050
....

....

...

....

,

-

....

1

Tdallast year.
shipping

l_©_

1,879

172,653!

779

536,645} j 15,873 ^5

15,789

V

i

26.018,

601.436! i 11,329

News.—The exports ol cotton from

37,494}

3,996 84,163

"• 2.914
24,6231

77.810

the United States

mail returns, have reached 112,267
ports are concerned, these are the
sameexnorts reported by telegraph,and published in The Chron¬
icle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total halos.

th6 past week, as per latest
bales. So far as tbe Southern

we

Liverpool, per steamers Castalia, 205... Cuba, 750
Republic, 903.. .City of London, 837. ..Spain. 2,024 and 76 Sea

New York—To

6,412
835
1,238

1,617

Island
per bark Olivia Davis,
To Bremen, per steamer Oder, 835
To Hamburg, per steamer
To Rotterdam, ner steamer P. Caland,

Klopstock, 1,238

900

900

Orleans—To" Liverpool, per ships John Rutherford, 2,958....
per bark Terzo. 3,258
.'
Circassian. 4,990
11,506
To Queenstown, per bark Delfino, 1,224
1,224
To Cork, per barks Leviathan, 981
W. II. Jenkins, 2,271—
3,252
To Havre, per ships Scotia, 3,563... Emma, 2,779 ...per barks
Agincourt, 8,953... Bristol, 1,685
11.9S0
To Bremen, per ship BeUravia. 3.756
3,756
To Reval, per ships Loreley, 1,530
per
Colonial Empire, 4,041

New

6,900
1,081
1,081
3,231
To Cork cr Falmouth, per barks Reformer, 3,135
Helen Angier
1.825
4,960
To Bremen, per bark Exile, 2,526
2,526
To Reval, per ship Canterbury, 3,890
3,890
Charleston—To Liverpool, per ship Kate Troop, 2,513 Upland....per
barks National Eagle, 3,483 Upland and 23 Sea Island .. Herbert
C. Hall, 1,814 Upland
Rome. 2,537 Upland and 46 Sea Island... 10,422
To Havre, per bark Brimiga, 2,103 Upland
2,103
To Bremen, per barks Everhard Delius, 1,785 Upland....Harzburg,
1,981 Upland
3,766
To Antwerp, per bark Proteus, 2,163 Upland
2,183
To Barcelona, per brigs Bella Dolores, 470 Upland....Chili, 476
Upland
946
Savannah—To Liverpool, per barks Champion, 2.230 Upland and 159
Sea Island
Lady Russell, 2.851 Upland
5,240
To Havre, per bark Columbus, 1,940 Upland
1,940
To Amsterdam, per bark Bel Stewart, 2,128 Upland
2,128
To Barcelona, per bark Marietta, 560 Upland
560
B. Hilton, 2,880....
Texas—To Liverpool, per barks Warrior, 2,038
Unicorn, 1.816
6,734
To Fleetwood, per bark Nora, 1,368
1,368
To Bremen, per bark Wentworth, 2,097
2,097
Ella S. Thayer,
Norfolk—To Liverpool, per ships Antoinette, 4,252
8,032
3,780..
Baltimore—To Liverpool, per steamer Frederico, 200.
200
Boston—To Liverpool, per steamer Helvetia, 297—Samaria, 310
607
207
Philadelphia—To Liverpool, per steamer Illinois, 207
343
merVaf "
bark Castor, 1,329

Malaga, in transit for Gibraltar, per bark Rosario,
Mobile—To Liverpool, per ship Pensacola, 3,231
To

.

To Antwerp, per

steamer

Vaderland, 343.

Total

The
are as

particulars of those shipments, arranged
follows:
Liver¬

New York
New Orleans
Mobile

6,412
11,206

Charleston
Savannah

10,422
.

Texas

Norfolk
Baltimore
Boston

3,766

....

...

1,368

1,940

52,291

14.607
19,420

9,868

2,128

10,199

8,032
200
607

343

5'0

2,128 2.526 10,790 112,26?
York 1,288 bales to Hamburg
to Queenstown and 1,081

1,368 8,212 16.023 12,980

Included in the above totals are from New
and 900 to Rotterdam ; from New Orleans 1,224 bales
bales to Malaga; from Charleston 946

bales to Barcelona.

39,399

3,890
2,183

2,097

207

Total

9.385

6,900

2,526

200
607

Philadelphia

2,103

dam. werp. Reval.Total.

3,756

....

5,240

6,734
8,a32

men.
835

3,252 11,980
4,960

3,231

112,267

in our usual form

Bre- Amster- Ant •

Fleet-

pool. wood.Cork. Havre,

d
the week 4,795 bales, and are to-night 15,566 bales less
the same period last year. The receipts have been 7,944

, | ^ ^yy y

during

800

665

15,144

W-

17,504
12,850

2,546

n !N GO C*

These figures indicate a decrease in the cotton in sight to¬
night, of 140,619 bales as compared with the same date of 1874,
and au increase of 342,153 bales as compared with the correspond¬
ing date of 1873.
Movements op Cotton at the Interior Ports.—Below we
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night, and for the corres
ponding week of 1874:
r—Week ending Feb. 12, ’75—■, r-Week ending Feb. 13,*74—*
Receipts. Shipments. Stock. Receipts. Shipments. Stock.

Augusta

208

412

2,514,130

8d.

7^®7^d.

13,756
3,540

73,376,

3,167

1,162,000
1.352.130

bales. 2,856,283

supply

5,285
2,751

This Since
week. Sept.l,

Since

1.732

Mobile
Florida
S’th Carolina
N’th Carolina.

BALTIMORE.

Sept.l.

1,270;
5.102!
93,030

106,000

1,948,783

This

week.

27,126

193,000

37,000

Since

Sept.l.

886

198,000
340,000

Brazil, dec.—

287,577

This

87,062,

325,000

131,750

East Indian,

Liverpool stock

218,582

9,385

week.

1,752

1.332.130

370,000

Total American

2,647

PHILADELPHIA

BOSTON.

Savannah

Total this year

2,001,902

United States exports co-day

10

...

Since

499

follows:

153,096
13,009

..

2,647

....

....

2,423

117,000
127,000
483,000
503,088
89,012
28,000

..

....

New Orleans..
Texas

Foreign

bales. 1,948,783

United States stock
United States interior stocks

16,729

10

Sept. 1.

This
week.

2,514,130

216,000
118,009
661,000
810,896

27,478

#

NEW YORK.

—

398,000
123,000
442,000
839,253
137,530
9,000

2,973

The following are the receipts of cotton at New York, Bosion,
Philadelphia and Baltimore for the last week.and since Sent.1/74:

89,042

American—

593

5.772

503,083

2,996,902
2,856,283
id'other descriptions ar

1,750

9.669

106,000

37,000
839,253

3,193

900

....

193.000
488.000

661.090

12,943

....

1,107,000

180,000
442,000

Egypt. Brazils, &c., afloat for Europe....

1,116,000

7,935

14.735

....

—

Total European stocks

4,022
10,993

Total

467,000

308,250

1,701

•

835

....

29,000
37,000

•

1.238

•

....

Grand Total

•

»

•

All others

64,000
7,000

6,234

•

....

....

148

8pain,Oporto&Gibraltar&c
Spain, Sec

260,266

....

50

206,000
13.000

137,072

...

148
•

reok’ts from-

303,750

409

Bremen and Hanover

Hamburg
Other ports

....

4,022

6,412

...

...

265

total French

260,266

....

409

....

year.

187,072

....

5,772

9,112

265

Havre
Other French ports

48,000
26,000
37,000

40,000
48,500
13,003
4,500

Stock at Bremen—
Stock at Amsterdam

Feb.

27.

Other British Ports

1873.

768,000
134,750

Jan.

20.

Liverpool

period
prev’us

Total
to
date.

Jan.

Visible

by cable and telegraph to
figures of last Saturday, but

Same

WEEK ENDING

bales to Barcelona; from 3ayamiah 560

Below we give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports :
Lessing, str. (Ger.), from New York, before reported aground on Juel’s Sand,
came off A.M., Jan. 17, and proceeded upwards.
St. Louis—The cotton forwarded to Liverpool per steamers Minnesota and

Wyoming ex-steamship St. Louis, from New Orleans for Liverpool,
reported as having put into Savannah, on fire, was low grade,
worth about £12 per bale. That in the worst order in the first lot
brought £9 15s. per bale. The average price realized for the whole ship¬

before

ment was

£10 10s. per

bale.

Vindicator, str., from New York for Philadelphia, arrived at Newcastle, Del,,
at 11*40 A.M., Feb. 7, cut by the ice, above the guards, and commenced
leaking at 7 A.M., 8th. She was discharged or 800 bales cotton, her
pumps keeping her free, and left A.M. 9th for Philadelphia,
the ice-boat, but was compelled to return to Newcastle.

in tow of

DiMModK, ship, Lincoln, from Savannan, at Havre Jan 21, experienced
seveie weather and lost jibboom.
Princeton, ship, Flagg, for Liverpool, cotton laden, which was set on fire at
South West Pass, below New Orleans, Jan. 12, by lightning, was on fire
in the hold agaid Feb. 8th, but it was extinguished with slight damage

J. L.

to 14 bales cotton.
She was towed back to New Orleans 9th.
Royal Alice, ship (Br.), at Liverpool Jan. 21 from New York, shipped a sea
during a gale 12th, which carried away part of bulwarks, stove in deck¬

house, &c.
Clifton, bark, (Br), from Galveston for

Fleetwood with cotton, before report¬

ran ashore on Roa Island, entrance to Piel Harbor, Jan. 20, having
lost anchor and chains and malnyard off Walney Island. She was got oft'
21st and towed into harbor. She encountered very severe weather in

ed,

the Atlantic, with heavy seas, which carried away pert of bulwarks,
started some of the covering board bolts, etc.
Olive Mount, bark, (Br), Jordan, from Norfolk December 10 for Liverpool,
before reported as out of time, arrived at her destination Feb. 5.

Taragona, bark (Span), Pascaul, from New Orleans December 13 for Barcelo¬
na, has been spoken, disabled.
Von der Heydt, bark, (Ger), Koepke, from Savannah for Helsingfors, is
reported by cable to be icebound at Swinemunde. The report that she
had arrived at

Helsingfors was premature.
Sibal, (Nor). The cotton saved from the brig Sibal, from Wilmington, N. C.,
for Liverpool, wrecked at Point Lynas, was sold at Liverpool January
20, and realized from £9 15s. to £11 7s. 6d. per bale.
Hamburg, Jan. 20—A lighter, laden with bales of cotton from one of the
Hamburg-American Company’s New York steamers, filled last night below St.
Paul’s. Most of the bales have been saved, and are lying in charge of the
Customs.

—Liverpool.
Sail.
Sail,
d.

Steam.
d.

„—Havre.—,

c.

-MX
-MX
.MX
.MX
,MX

.

.

%
%
%

Sail,

Steam.

c

c.

c.

-MX

%
y%

.

.

Sail.

Steam.

c.

c.

)£®9-32
Saturday... 9-32@5-16 X%9-32
Monday....9-323,5-16 X @9-32
&®9-32
.@9-32comp.
Tuesday
@5-16
.@9-32comp.
Wednesday ..@5-16
.@9-32comp.
Thursday.. ..@5-16
@5-16
Friday
.@9-32comp.
Market quiet.

Hamburg.—.

Bremen.

<

Steam. Sail.

comp. -MX
.comp. .MX

.

„

.

.

The

Mid’gUplands7%@7%
do

74,000
5,000

77,000
6,000

90,000
7,000
12,00 >

7,000

85,000
68,000

405,000
74,000
37,000

7.000

7,000

6,000

768,000
399,000

7 73,000

73,000
29,000
.

Orleans. ...@7%

Tues.

Mon.

...@7&
7%@9

Wednes.

.-.@7%
7%@8

.MIX'

7%®8

Thurs.

Fri.

7yamX
7?i@8

7%mX
7^©8

London, Jan. 23.—There has been a steady demand for cotton

throughout the week,
obtained.
stocks:

Annexed

are

and rather higher prices have been
the particulars of imports, deliveries and
1873.
Bales.

,

15,429

Imports, Jan. 10 to Jan. 21
Deliveries

,....

Stocks, Jan. 21

29,808
213,551

7 50

5 00® 7 25
City shipping extras.
4 85® 5 25
City trade and family
brands.
'
5 50@ 6 50

Corn meal—Br'wine. &c.

6 00® 7
5 00® 5
4 85© 5
4 10@ 4

new..

Rye
I

Southern bakers’and fa¬

mily Brands.
shipp’gextras..
Rye flour, superfine
Corn meal—Western, &c.

1 03
1 10
1 17
1 22
1 25
l 30
82
84
as
82

*82®
81@
92®

Yellow.Western

Southern,yellow,

..

5C
75
20
50

Oats—Black
Mixed
White

4 65@ 4 75

95
67
69

C5@
67®

70
68©
@
1 47® 152
1 22® 1 36
1 36® 1 25

Barley—W estcrn
Canada West
State
Peas—Canada

RECEIPTS AT NEW YORK.

1875.
s
Since
For the
week.
Jan. 1.

Flour, hbls.
C. meal, “

fol¬

as

,

*
1874.
For the
Since
Jan. 1.
week.

1875.
For the
Since
week.
Jan. 1.

,

>

468,390

32,964

212,846

25,855

35,475

2,843
201,621
322,602

17,002
1,481,150

44,138
2,079
607,475

291,160
17,466
4,016,125

1,735,054

384,375

1,372,258

30,830

104,215

2,525

10,995

Wheat, ous. 120.048
Corn,
“ . 758,965
Rye,
“ .
1.800
60,267
♦Barley “
Oats ...“
90,885

513,669 3,757,230
2,905,907 1,334,81)8
5.738
76,750

.

.

183,096
729,009

140.888
1,045,743

*90

1*165

12,505

In “ Receipts at New York’1 Includes also malt.
Tlie following tables show the Grain in sight
ment of Breadstuffs to the latest mail dates:
♦

FEB.

6,

AND FROM AUG.

Wheat
Flour.
bbl 8.
bueh.
(196 lbs.) (60 lbs.)

9,787

Chicago...
Milwaukee
Toledo
Detroit
Cleveland*
St. Louis
Peoria
Duluth.

2,987
26,894
1,800

6,250
67,163

29,400
....

36,668

Corresp’ng.4week ’74.

52.620
72,413
’73.
’72.
’71.
’70.

It

44

*

205,100
198,183
36.726
29.244

—

Total
Same
Same
Same

and the

move¬

lake and river ports for the week ending

receipts at

35,823

the past week, and
considerable further decline in the medium and better

.

3,819

.

Total
Previous week..

been dull during

1, 1974.

EXPORTS FROM NEW YORK.

,/

358,047

1875.

17,453
120,875

Since
Jan.

53,338

Bales.

Friday, P. M.. February 12, 1875

a

00@

do winter wheat Xand
XX

1874.

BRE ADSTTJFFS.

there is

5

Wheat—No.3 spring,hush.$1 00@
No. 2 spring
1 04®
No. 1 spring
1 14®
Red Western
1 18®
Amber do..
1 24@
White
1 24@
Corn-Western mixed,.... 81 @
White Western
83®
...

I

4 65® 4 95

extras
do XX and XXX

i 4

The market for flour has

15® 4 40 |
4 75@ 4 90

Wheat

Bales.

22,986
197,963

{

4

ern

Extra State, &c
Western Spring

7,000

407,000
427,000
210.000
263,000
298 000
following table will show the daily closing prices of cotton for the week:
Satur.

3aperfineStateaud West¬

,

114,000
8,000

769,000
408,000

Grain.

$ bbl. |3 65@ 4 00

No. 2

,

Feb. 12.

751,000
375,000
62,000
38,000

the closing quotations :

are

Flour.

•

Feb. 5.

355,000
231,000

following

•

Jan. 29.

360,000

The

•

Jan. 22.

9,000

Toledo mixed at 69c.

lows:

comp. .MX
MX
.comp.
MX
.comp.
..comp. .MX

..

pool.—The market opened with holders pressing sales, and closed
dull to-day.
Sales of the day were 12,000 bales, of which 2,000
bales were for export and speculation.
Of to-day’s sales 6,000
bales were American.
The weekly movement is given as
follows :

21.030

early in the week there
large sales of prime new mixed at 81c., after which the
market ruled £@lc. better, but with less doing. Arrivals by rail
have been pretty free, and the necessity of effecting prompt sales
has, in view of the obstacles to making deliveries caused by the
ice, compelled receivers to accept lower prices. Old corn is so
entirely nominal that we drop it from oar quotations. White
corn is scarce.
Receipts of corn at the We3t are smaller, and
there are indications of an effort to check the decine. To day,
there was a good business, at 8H@82c. for new mixed.
Rye lias been rather more salable at steady prices. Barley
has further declined, with moderate sales of Canada West at
$1 .50(9)1.52^. Canada peas have been dull.
Oats have slightly improved in business and prices, and yester¬
day choice white sold at 70c, and prime mixed at 63@69c, to
arrive and on the spot.
To-day, there were large sales of prime
has further declined, and

corn

The movement in breadstuffs at this market has been

Liverpool, Feb. 12.—3.30 P. M.—By Cable from Liver¬

Sales of the week
bales.
of which exporters took
of which speculators took
Total stock
of which American
Total import of the week
of which American
Actual export
Amount afloat
of which American

Indian

were

Southern

freights the past week have been as follows :

Cotton

[February 13, 1875.

CHRONICLE.

THE

168

111,774
91,556
53,188
87.314
97,752

1 TO FEB. 6.
Oats.

hush.

bush.

Rye,

.

bush.

hush.

(56 lbs.) (32lbs.) (481bs.) (56 lbs.)
3,952
83,880
28,880
304,132
1.075
8.140
15.640
15,920

120,657
15,426
9,100
82.568

138,320
....

678,343
1,489.312
589,121
550,224
921,507
715,731
174,351
453,313 1,055.626
538,133
484,109

662,066
942,371
1,319,216

Aug. 1 to date... 2,993,358 39,176,63 5
time 1873-74. ..3,883,978 52,134,600
time 1872-73....2.897,558 32.520,152
time 1871-72....2,035,812 30,755,465

Barley

Corn.

22,172
#

350

20,032
10,400
50,367
32,900

13,017
4,000
20,000
6,000

....

....

563

....

157.047

289,544
432,587

16,365
41,458
41,378

88,587

304.031

169,002
192,073
85,791

187,752
179,044
178,891

-

2,165
8,570

....

235,671

•

•

31,850
2S.785

15,264
14,292

46,030

45,237

23,933,349 1 3.310,156 4,859,617 850,600
30,451,068 14,458,061 5.690,184 1,256,602
32,078,578 13,525,571 6,984,358 1,205,378
31,399,034 16,867,486 5,277,003 2,150,558

Estimated.

grades, the low grades remaining scarce and comparatively
Shipments of Flour and Grain from the ports of Chicago,
steady. Lines of prime shipping extras sold early in the week
Milwaukee, Toledo, Detroit, Cleveland, St Louis, Peoria and
at $4.92£@$4.95, but have latterly been quoted at $4.80@$4.85 ;
Duluth, for the week ending Feb. 6, 1875, and from Jan. 1 to
but, as last week, the greatest depression was in bakers’ and Feb. 6:
Rye.
Barley,
Dais,
Flour, Wheat,
Corn,
family brands, probably not in a quarter of a century have Week ending—
bush.
hush.
hush.
bnsh.
hush.
hbls.
542.060
9,285
52,897
73.230
164,723
254,039
family hours been sold so low in this market; favorite patents, Feb. 6, 1875
17,530
160,422
81.791
161,176
65,722
Jan. 30, 1S75
667,400
St. Louis and Southern, have sold at $6.50@$7, and strictly hand, Corresp’ng week 1874
14,257
119,039
85,583
441,987
113,59096,933
5,753
169.443
48.HC2
197,888
140,897
Corresp’ng week 1873 89,384
some at $5.50@$G, and desirable at $5.25@$5.50.
The introduc¬ Corresp’ng week 1872 35.800
8,939
71,088
46,074
33,486
307,lh7
6,242
12,115
52,060
598,706
49,935
37,924
tion of the “ patent process” seems to have caused the production Corresp’ng week 1871
89,961
875,712
293,132
Total Jan. to date
435,715 1,181,721 2,315,337
of an undue proportion of the higher qualities of flour, by which
78,518
485,757
658.453 4.476,991 1,327,757 1,026,244
Same time 1874
7 09,793
35,206.
917,060
361,778
1,159,012
the range of prices, usually $4@$5 per bbl., is reduced to $2.50@ Same time 1873
444,988
67,563
551,883
203,342
199.755 2,510,855
Same time 1872
325,044
$3. Rye flour has been drooping and corn meal dull. To-day,
..

the market

was more

RECEIPTS OF

steady.

The wheat market has also been

dull, and prices

are




WEEK ENDING

lower for

Spring growths. Receipts at the Western markets have materially
fallen off, but there seems to be a pressure to reduce stocks on
hand. The export demand has been curtailed by the decline in
exchange, scarcity and high rates of ocean freights, and the ob¬
stacles to delivery, growing out of the accumulation of ice in the
harbor.
Winter wheats have remained comparatively firm. To¬
day, the market was stronger but quiet. No. 2 Chicago sold at
$1 04 in store.

FLOUR

AND GRAIN AT SEABOARD PORTS FOR THE

FEB.

G, 1875, AND FROM JAN. 1

TO

6.

FEB.

Rye,

Flour,

Estimated.

Oats,

Baney,

hush.

hush.

bush.

hush.

129,240

729,184

1,400

126,585
30,000

78,755
15,850
12,000

43,222

17.600

24,016

Baltimore
New Orleans

*

Corn,

hush.

55,5:38
22,451
10,800
7,100
14,360

Philadelphia

Total

Wheat,

hbls.

At—
New York
Boston
Portland*
Montreal

10,838
...

145,103

30,000
3,950
48,400
12,860
....

242.050

....

.

.

.

61,200

224.200

9,900
21,036

28,542

1,246,911

500
500

.

108,400

198,741

800
500

2.000

....

7,500
•

•

•

....

1,250

•

....

....

53,722

,

3,950

February 13, 1875.]
previous

125,140

week

THE

201,587 1,137,354

33,019
62,600
203,477

SurrLY

of

Grain,

6,350
18,906
22,658

767.887
466.888

114,743
11,895

373,63-1

222,122

846,625
291,897
week ’74
198,463
891.687
Total Jan. 1 to date. 881.847 1,530,262 6,356,912 1,458.664
Same time 1874
1,330,614 5.096,568 3,696,139 1,925,786
Same time 1873
660.548 1,054,025 2.126,047 1,761,025
Same time 1872
728,380
613,759 4.790,870 1,309,786
Cor.

The Visible

CHRONICLE

22,807

including the stocks

in

granary at cho principal points of accumulation at lake and
seaboard ports, in transit by rail, on the Lakes and on the New
York canals, was, on Feb. G. 1875:
'
Wheat
hush.
In store at New York
In store at Albany
In store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
In store at Oswego
In store at Boston
In store at St. Louis
In store at Peoria
In store at Toronto
In store at Montreal
In store at Philadelphia
In store at Baltimore

Barley,

Rve,

bush.

3,269,210

1,403,455

bush.
50,899

34,000
72,066

322,600
77,774

12,000

1,541,676

915,137
55,900
47,980
537,143

bush.
226.928

41,996

63,813

284,937
155,953

12,361
7,383

800,926

.

3,556,005
1,649,005

.

.

.

.

.

Oats,

bush.

24,000

.

Corn,

.

20,000
421,617

830,620
52,340

6,000

21,053

.

.

320,902
551.340

397.196

9,441

166,396

25,517
118,000
501,152
542,060
100,000

149.000

.

149,397
251,039

Rail shipments
Afloat In New York

110,000

5,326
2,722

437

27,808

93,935

161,788
42,963
9,113
2,507

213,250

medium-priced blacks and fancy silks. Linens move
steadily, a&d all of the more staple varieties are taken by local
and distant jobbers in fair aggregate amounts. White goods rule
firm at full rates.
The

importations of dry goods at this port for the week ending

Feb. 11, 1875, and the
have been as follows :
ENTERED POR

450

5,000

991

45.000

25,000

7,800

38,000
164,723
40,000

2,000
52,897
90,000

6,000
9,285
25,000

Total
.12,118,577
Total in store and in transit-

6,028,815

2,524,111

1,754,998

6.130,393
5,395,027

2,584,021

1,671,667
1,850,531
2,011,905
2,074.962
1,028,216

1873

<

,

,

PkgB. Value.
Manufactures of wool
2,283 $1,242,788
do
cotton..3,159 1,039,632
silk
flax

do
do
Miscellaneous

1,502

$772,466

2,218

*1875
*
Value.

Pkgs.
1.405

667,559
602,651

-

1749,954

2,115

585.955

550

403,553
330,962
202,476

946

821,555

753

1,787

474,287
237,223

1,815

439,224

1,298

5,710

262,216

5,055

dry goods. 977

9,152 *3,315,485

WITHDRAWN FROM

31, 1875.

FEBRUARY

1874
*
Value.
Pkgs.

11,998 $2,744,116

10,423 $2,272,900

WAREHOUSE AND THROWN INTO THE MARKET DURING THE
SAME PERIOD.

Manufactures of wool...
do
cotton.
do
silk
do

flax

.

.

.

.

Total

848
988
335
929
2.220

978

$472,264

850

322,209
311.423

1,080

301.674

237

218,960
51,395

1,039

211,88t
248,185
54,014

892
114
907

1,150

25,292

$1,28S,021
2,744,116

3,913
10,423

$959,518
2,272,900

1,289
4 623

5,320 $1,290,372
9,152 3,815,185

229,066
179,884

$356,275
270,065

$386,385

11,998

119.293

188,593

182,037

12,134,566

corresponding weeks of 1874 and 1873

CONSUMPTION FOR THE WEEK ENDING

Total

34,943
220,000
31,596
80,790

210,406

397,490
61,668

.

business for

56,-iii

129,704
30,934

170 000

249,995
425,000

169

30,
23,
16,
9,
February 7,
January
January
January
January

1875
1875
1875
1875
1874

.

.11,949,393
.11,919,675

16,621 $4,032,187

14,472 $5,105,857
2,499,529

4,969,115

2.557,123

4,866,983
5,566,488

2,613,113

182,727
193,673
309,666

Manufactures of wool....

.11,790,579
.10,911,842

2,738.010

there has been

a

fairly active during the past week, and

continued firm tone in all lines of cottons, which

strongly favoring sellers.
The short supply of water in
nearly all New England streams is having the effect of curtailing

are

production, and this is strengthening the market by cutting down
the supply of all makes and causing a real scarcity of some of the
principal marks. This has stimulated buyers to operate rather
more freely, though
they are not disposed to go heavily into
speculation. The Southern trade continue ratliei cautious in
their purchases, though buying to the full extent of present run¬
ning requirements. There is more liberality manifested in the
purchases of Western buyers, and some of the larger jobbing
concerns
have gone heavily into the more staple productionsThe jobbing sales are not very liberal as yet, as the severe cold
lias been the means of restricting the retailers from operating
freely while the prospects of a demand from consumers remained
so remote.
The severe weather of the past week has been a
damper on trade in all departments, but one which will be quickly
milder temperature.
Domestic Cotton Goods.—In the general market for cotton

recovered from with the return of

a

goods there has been continued firmness during the past week

193,371

77,938

J,l4l
2,797

Total entered

vVe

904
998

186.233
281.147

47,274

$121,269
103,049
104,876
107,071

54,617

7,971

$490,882
2,272,900

6,994 $1,280,360
9,152 3,815,485

6,030 $1.214 997
11,998
2,744,116

9,150
10,423

tbe port 16,146 $5,095,845

18,028 $3,959,113

19,573 $3,773,782

Total

Friday, P. M., Feb. 12, 1875.

The market has been

240,574

774

silk
flax

,

279
3:35
95
470

$459,769

846
195

.

cotton..

do
do
no

THE Day GOODS TRADE.

1,051

302

$398,190
306,173
304,688

.4,016

...

14,336 $3,232,418

DURING SAME FERIOD

El WAREHOUSING

at

annex

few

a

manufacture,

our

particulars of 'eading articles of domestic

prices quoted being those of leading jobbers:
Prints.

Ancona fancy....
do
specialties
do
shirtings..

8#
10
8

American
8#-9
do
gn & ogn
9#
do
pnk chks
9#
do
robes....
9#
Anchor shirt’s
8-8#
9
Albion solid
9
do
fancy
9
do
suiting....
Allens’ fancies...
8#
9
checks....
do
9
do
pink
do
cheviot...
8
do
shirtings

do
do

do
purples
Bristol fancies...
Cocheco fancies.,
do
pinks ...
do
purples...
robes....
do
do
shirtings,
do
sideb’nds

Conestoga fancies

8
9
10

9#
9#
8
9

shirting

9

.

do
do

purples.
shirt’gs.

Hartel*s fancies
Swiss....
do
do
ruby&bk
sol chks.
do
do
grn&oge.
do
do

palm
c.fcr pi’ks
..

Lancaster cam
Miners’ shirts
Manchester
robes.
do
Merrimac D fey.
do F pk&pur
do
G
do
robes..

“

shirtings
side b’n 1

do
do
do

Q.kr sty

frocks.,
dbl pnk
Simpson b. & w..
do solid blacks

9
9

935
8#

’

9#
9#

do
do

1
|

9#
9# I
1

.

do
do

.

Richmonds fane’s
do
purples

8

9
9

Peabody solid..

8#
8#

...

8#

mourn’g

mourning.

Oriental side band
Paciflc Mills

fi#

8#

Hamilton
checks
do
do
h’rcord.

7-7 #

Amoskeag

Carleton

Garner’s fancies..
do
purple..
Gloucester

9
10
9
10
9

9#
8
9
9
9
9

reds

purples,
pinks

9
9
8
9

936
9

9#

10#
8#
8#
9#
9#
9#

....

10

do

solids....

9

do

fancies
8#
chnz rbs.
9#
blne&wh
19#
robes... 9#-10

do
do
do.
do
do

.

shirtings.
Sonthbridge fan..
do
shirting
Wamsutta

....

..

Washington rbes.
do grn stripes
do pad’d fan.
do fancies
do fan & choc
...

8

8#
8

6#
9#

9-9#

Mallory pinks....
quotable changes. Brown goods are well reduced in Dunnell’s purples
do Swiss rub.
9
do
9#
buffs..
do
do "reen&or.
do
frock....
9#
do
checks.
stock, and many of the leading marks are selling “ at value”
do T’rkey red
do
h’rcord..
Freeman fancies
8#
7#
do palm robe
only, in the absence of stock for immediate delivery. The pro¬
9
checks...
do
rubv.
do
8#
9
do
9#
do Swiss do...
X# Oriental, D. fancy
duction is very much lessened by the low stage of the water in
purples...
10
do pink
do
frocks...
robes....
do
the New England streams, and the market for bleached goods is
10
9
do
do
purple...
pinks...
10
do
ruby
do
purples..
also affected.
The low prices at which some of the most popular
Tickings.
marks liaxe been placed has had the effect of clearing these
14
25
Cordis ACE... 32
22# Omega C.
nosk’g ACA.
do
B.
do
No. 1. 32
17#
A..
20
do
22#
goods out completely and left the market bare of these goods
A
No. 2.
18
do
20#
17
dc
B..
do
which are now only offering by the agents “at value” and cur¬
21
do
ACA... 30
No. 3.
17
15
do
do
C..
24
do
14
(lo
36
No. 4.
do
D..
do
13#
rent quotations are, therefore, mostly nominal.
34
12
do medal..
No. 5.
do
E.
do
!2#
Pearl Rive.*
11
20
22#
do
No. 6.
do awning
There has been no little excitement in prices on prints, and
18
Pemberton A A
No. 7.
19
25
do
do
do ACA
the market is very irregular. The strikes at Fall River have
14
B
do
Easton
7
Albany
E
do
13#
14#
| Hampden CC.. 30
given an impetus to values in print cloths,and the advance on BeaverCreek
Pittsfield
12
do
BB..
6#
Conestoga A p.
23
25
21
Roanoke
4-4
TRA
do
these goods has a tendency to force up prices on prints, though,
do
B p..7-8
22
do
7-8
16
do
A p.7-4
I Hamilton reg..
as yet the improvement in quotations has been mostly on fancy
10
D.
do
do
ex...4-4
13# Swift River.
Thorndike A..
24
10#
Lewiston A... 36
do
ex.. 7-8
lines rather than on standard fancies.
Colored cottons rule firm,
do
C..
20
19#
do
A.... 32
do Gld mdl
19
Willow Br’k No 1
and there is a fair business doing in all kinds.
18
do
CT.. 36
do
A.... 30
25
20
WhittentonXXX.
CCA
Methuen A A..
do
Domestic Woolen Goods.—The market is dull for the most
do
A.
do awning.
do
AA .7-8
,27#-30
if
SO
Minnehah i... ' 8
22# York
part, and is without notable change in quotations.
For fancy Cordis AAA. 32 21
21
32
do
do
....4-4
25
cassimeres the demand is very slack.
Clothiers are buying very
Cotton Sail Duck.
Ontario and Woodberry
26
sparingly, and the season is not far enough advanced for retailers Woodbcrry and Druid No. 8
USA Standard 28# in.
No. 9
24
Mills.
to make any
selections as yet. For worsted suitings there is a No. 0.
22
8 oz.
do
42
22
No. 10
9 oz.
24
do
40
moderate call, aud there is a prospect that these goods will be No, 1
10 oz.
26
do
38
No. 2..
Light duck—
wanted freely during the' coming season.
12 oz. 31
do
36
Bear (8oz.) 29 in..
Worsted dress goods No 3
18
15 oz. 38
do
34
do heavy <’9oz.)... 21
sell fairly, with prices ruling firm. Shawls and knit goods are No, 4..
Ontario Twls, 29in. 18
32
Mont.Ravens 29in. 20
No 5..
do
36in. 23
do
40in.
29
30
firm, and there is a fair call for the small offerings that are No. 6
Ex twls‘‘Polhem’s” 13
No. 7
‘ 28
making. Hosiery has sold to a fair extent at steady rates.
Stripes.
Foreign Goods.—The market is steady, with imports slightly Anchor
Thorndike A'....
14-15
12
Eagle..
B... .13# 14
do
Hamilcon...
14-15
11-12
exceeding those of last year. There is a little more animation in American
10-11
Lewiston A
I ITncasville A...
Amoskeag
13-14
tile market, with fair sales from first hands ot the more staple Arasapha
do
B....
12# ! Union
Massabesic
13-14
| Whittenton A..
Boston
qualities of goods. Dress goods are in fair request in heavy Cordis
Otis BB
12# |
BB.
do
awning .22#-25
C,..
do
14
varieties. Silks move rather slowly, though there is a moderate Colombian
with few




..

.

..

..

..

..

..

..

..

..

...

..

..

..

..

..

..

..

..

..

..

..

...

..

...

.

..

.

..

..

..

...

,

..

...

.

...

.....

...

...

170

Shlpplng

PRICES CURRENT.
l

@

.

6

Italian
Manila
Sisal
Jute

8 00

@

3 00

Croton

12 00

© 15 00

Philadelphia.

28 00

@ 32 00
@ 1 30
@ 135
@ 1 35
© 85 00
@ 25 00
@ 30 00
@ 75 00
© 60 00
@130 00
@ 26 00
@ 21 00

Cement—K >sendaie
Am«—Rockland, common

1 10
1 60
Lumber—Southern pine
25 00
White pine box boards
19 00
White pine merchan. box boards. 24 00
Clear pine
65 00
Rockland, finishing

50 00
100 00
22 00

Oak and ash

Blackwalnut....
8di

uce boards & planks
Hemlock boards & planks
18 00
Nails—10@60d.com,fen & sh.4P keg 3 40

5 25
5 85
3 83
11

Paints—Lead, white, Am,pure. In oil
Lead.wh., Amer.,pure dry
Zinc, wh.,Amer. dry. No. 1

•

7

.

•

•

“

—@
19

@

do....
Dry Salted—Maracaibo, do....

“
“

17

Para,

©
©

40
35
27

@

5
5
6
4

12 X®
25 @
05 ©
75 ©

gold.
gold.
gold..gold.

St. Domingo
Savanllla
Costa Rica

•

“
“
“
“

Slaughter

good <fc fine

Licorice paste, Calabria
Licorice paste, Sicily
Madder, Dutch

FLAXFRUIT—
Raislus.Seoaiess
do
Layer, new
do
Sultana
do
Valencia, new
do
Loose Muscatel, new
Currants, new

2

@
@

@

©
©

3 00

'.

4 50
6 50

10

.....

extra pale

TKA—
ilyson,

2 37>4

2
4
2
5

©
@
@
@

10
00
35

50

....

....©
©
1 25 @
1 4:>
©
175 ©
11

do

©

120

@

77

©
©

©
©
©

110

@

1 80

0

12X

fix©
7Y©

9
8

fix©

8Y
8X
fix

R
21
23

©

28

©

cur

i' 13

“

@44 00
@ 47 50

....

7L'@
©
@

<a 1.9 25
IPbbl.
“
15 25 @15 50
“
18 00 @
"
9 57 © 10 50
10 57 @12 07
“
20 00 © 21 fC
“

^ lb

i‘2

©

14 1-16®

Lsrd,steam

i-a

28
31

Rangoon, in bond

7X©
..

7X@

gold

@

Patna

@

.9

«X
33
2>

22

3 50
3 00

12x

..."

RICE—

23

©

11

...

©

....©
27 ©
19 ©

79*

PROVISIONS—

-

SALTTurks Island
S'. Mar tin’s
Liverpool .various sorts

SALTPETRE—
Refined, pure
Crude
Nitrate soda

25
30

48 sack.

65

28

32
N

42

67

84

42
62

87
£f

to fair

42

64

-=

©

160

©

©

Sx
8
2 75

7X
29
85
2 85

48 lb

gold

©

5X®
2.x©

12X

3

%

0

22

9 75

@ 10

8 75

©

leaf,

21k
25

9 t0

11X©
13X@

“

fillers,’7S.

Conn. & Mass,

25 @

^Tb

AmerleanXX
American, Nos. 1 & 2
American,Combing
Extra,Palled
No.l, Pulled
California. Spring Clip-

©
©
0

F7X®
17 0

bright work

WOOL-

^

85
7
18

leaf—Connecticut wrappers’78

@
@

51
54
57
46
:0

0
©
0

83 0

Superior, unwashed.

fO ©
w* 0

Medium ........,r
Coarse

25.0

Burry
South Am. Merino unwashed
Cape Good Hope, unwashed

?! 0

?4 ~
83

Texas, fine.
Texas, medium

fS

ZINC—
Sheet

15

gold.

Smyrna,unwached

9X&

$ it, gold, net

FREIGHTS—

—

To Livkbpoot,:
Cotton
...¥• lb.
Flour
in bbl.

Heavy goods. .48 ton.

hgs. $ bn.
Wheat, Lulk & bags..
Beet
4P tee.

Fork,,,

@

.

21 %

21

Oil
Corn b’lk &

“

47

Pennsylvania wrappers.’72
Havana, com. to fine
Manufac’d,in“bond, black work

Nominal.

,

37

gold.

"

Carolins, fair to cho'ce
Louisiana, fair to prime

?x
9

erold

Reef hams..
n .ms.smoked..

59
77
1 in

TOBACCOKentucky lugs, heavy.
“

Naphtha,City, bbls

x@

45

Plates. T.C.charc.oal
Plates, char, terne...

Seed

order
Refined, standard white

14
u

74

1 in

English

1 75 ©
2 ('0 @

Pork new mess..
Pork, extra prime
Pork, prime mess
Beet, plain mess, new
Beef, extra mess, new

49

Straits....

Crude in shipping

©
X©

82

Bnnca

40

PKTROLEUMCrude, in bbls

24

48
67

\

TIN—

1 15
15
70

y®

37

cur.

Sup’rto fine
Sup’
Ex. fine to flneBt...

do
do

■

8V

@

.

do -Choicest....,
Souc. * Cong..Com.

45

@

H'@ 8 13-16
©

Oolong, Common to lair***,
do
Superior to fine
do
Kx fine to finest

©
©

73^.3

Western

8

Ex.fine to finest

do

©

City,bag

9^@

do

Uncolored Japan,Com.to lair
do
Sup’rtotlne

©

seel, crude
Olive, in casks 48 gall....
Idnseed, casks and bbls
Menhaden, prime L. I. Sound
Ncatsioot. No. 1®?, city

s-x;©

Skln.& Twan.. com. to fair.
Sup.to fine
do
do
Kx. flneto finest

do

,

29

ccntrif..

Common to fair

KyBon

10!i
m

10^@

do Choicest...
Imperial. Com.to fair
i.o
Sun.to fine
do
Exlrafine tofinest

8^0
....©
13 ©

@

6k©
10 H@
10^@

Gunpowder, Com to fair
do
Bup.toflne
do Ex. fine to finest

f)TT. CAKE—

18
7 50
27
14 \

7
7

do
Superior to fire
Extra fine to finest
do
do
Choicest
Young Hyson,Com. to fair
Super.to fine
do
Ex. fine to finest
do
do
Choicest

©
@

2*25

Lard oil, Winter

"@

7X@

Western, 49 Tb

Sperm,crude
Sperm, bleached winter

@

■I ®
3 @

TALLOWPrime city. V *

....

Whale, Northern

GUVNTFS.—See report under Cotton.




pale...

73(@

Other Yellow

66

36>s@
2 05 @

Whale,bleached winter

8-X^

Plums

8

powdered

Yeliow

55

'©

Cotton

26!gd

Macaroni. Dalian
Domestic. Dried—
Ar»uies. Southern, sliced.
do
“
quarters.
d >
State,s’ic“ t....
do quarters
do
Co
Western, quarters
Peaches, nared Western
do
do Ga. iroo 1 & prime, new
do
<1 <
N. Ca'oiiua, prime. ...
do
unpared, halves and qrs. .
Blackberries
Raspberries, new.
Cherries, pitted, new

GUNPOWDER—
Shipping * 25 lb keg

No. 1
No. 2

45

OILS—

6 HCq

*

8 @
8 ><(@

Rico.refining.coni. to prime,
grocery, fair to choice..

do
granulated.
do
cut loaf
Soft white, A. standard
do
do
off A
White extra C

45

2 25 3
2 3'.X$

„

6 50
1400
n 50
1050
10 00

@

3 60

cur.

55

A'monds, Languedoc
Tarragona
do
do
Ivica
do
Shelled
do
Princess
OAKUM, navy lo best quality...* ft.

..

* case.

to choice... * gal.

Pecans
.'. Feanuts. Tennessee....
.do
Wilmington..
do
Virginia

;

@

15
25

6Y0
7^3

S^@
PK@
9%@
9v<@

Hard,

Filberts, Sicily
no
Barcelona.
Brazil nuts
Walnuts, Bordeaux
do
Naples...
do
Grenoble

12 k©

layers

....

grades.,...
Refined—Hard, crushed
Vlb

....©
©

Dates

machinery
German spring

Manila
N. O., refined to grocery

NUTS—

19

15

Oltron, Leghorn
Prunes, Turkish, new
do
French

^Iits, new, drums and
Canton Ginger
surdlnes, V hi. box.
Sirdines. ¥ or box

crop

@
@
@
@
@

“

00
00
01
50

„

@
@
@
@
@

.

do

40

“

6 00 @

r lb

North River

11 ©

Brazil,bags, D. S. Nos. 9011
Java, do. D.S., Nos. 10® 12

43
35
40

“

Store. Prices.

13
11
10
9

(ct

lb

li ©

cur

cast, Tool
cast spring

6X®

'

@
6>*@
4W@

Porto

@

©

“

!
6V,@
Madder,French
6^®
Nutgalls, blue A.leppo
14 ©
1
Oil vitriol (66 degrees)
2 @
Opium,Turkey,in bond
gold
@ 6 2
Prusslate potash,yellow
32b;@
3
Quicksilver
gold. 155 @ 15
Quinine
cur
<3 22
Rhubarb, China,good to pr....# lb.
40 @ 1
Sal soda, Newcastle
gold 1 55 @ 1 6
Shellac
"0 @
5
Soda ash, ordinary to good
gold 2 12X@ 2 2

George's and Gran 1 Bank cod
Mackerel, No. 1, shore, new
Mackerel, No. 1, Bav, new
Mackerel,No.2, shore, new
Mackerel, No. 2, Bay, new

8^

26X®
25X®
25

NAVAL STORKSTar, Washington
Tar, Wilmington
Pitch, city
Spirits turpentine
49 gall.
Rosin com. to good strain’d ^ bbl.

@

9

....

....

25 @

Sugar of lead, white
Vitriol, blue,common..
FISH—

6 cO

@
©

Barbadoes
Demerara
Porto Rico.
N. O., new, com.

....@

gold
"

5 9G

36

*X0

26

49 n gold

Hav’a, Box, D. S. Nos. i@9
do
do
do 10@12
do
do 1£@15..........
do
do
do
do 16©18
do
do lf@!0
do
do
do
white

6 87M

@

**

Cuba, clayed
Cuba, Mus., refining grades, .'0 test.
do
do
grocery grades.

1 6;> @
....@
18 @
18 ©

“

100 lbs, gold

MOLASSES—

33 @
8 @
....@

'*
gold.

@

Store Price*.

Cuba.lnf.to com. reftn'ng
do fair to good refining
do prime, refining
do fair to good grocery
do pr. to choice grocery
do centr.bhds. & bxs, Nos. 8@!3
Molasses, hbds & l)xs.

@125 00

Oak, rough
Texas, crop

3?X©

,

@

*6

“

blister

3 25
2 00

1 95
1 05

cur.

SUGAR-

@140 (0

80 00

Hemlock.Buen, A’res,h.,m.&l
California, h., m. & 1.
comm’n Hide, h., m. & 1
rough

?]X*
43 @

cur.

Ginseng,Southern

...330 00

Bar, 6heet &plpe.discount 10 V cent

1 50 @
23 X©

"

© 38 00

LEATHER-

77X®

“
**
•'
'*
“

Gambler
Ginseng, Western

American
American
American
American
American

Store Prices,

Ordlnary foreign

3
29 X®

gold.

Outch

...

nominal 33 00

Domestic

&
@

refined, city
bond, # gal..gold.

3 00

,

5 50
3 55

@
@
@

Melado

@
...0

“

3 75
3 15

English, soring,2d & 1st quality
English blister, 2d & 1st quality
English machinery
English German,2d & 1st quality....

LEAD-

i i5

l

W

English, cast,2d&lst quality

...

....@
17 @
27 @

gold.
“

....

15

Hoop
•
87 50 @135 00
li X®
Sheet, Ru.-sia. as to assort
gold.
‘5
4X©
Sheet, single, double & treble, com.
@ 0 00
Kails, new, English
gold
do new. American.
53 00
cur.
@

v.

Ciloratepotash
Cochineal,Honduras
Cochineal, Mexican
Cream tartar
Cubebs, East Indja

@

©
41
17
....@
gold.
3 61 @ 15 00

“
“

Whiskey

©

1 22 K
1 o**j<

38

stems

••

@ 28 00
@ 26 50
© 27 00

Scroll

@

12X®

STEEL—

27 f©
25 00
23 00

Bar, Swedes,ordinary sizes

24

V gaP

©

Pig, Scotch

@
@
@
2l\ a

12 oz;

Castor oil, E.l.in
Caustic soda

Jalap
Lac dye,

•

16X®

Brazlers’(over 16 oz.)
American Ingot, Lake
COTTON—See special report.

Cimphor

•

4 95

26

1 05 @

@

19 @
18 @

COPPER—

Brimstone,crude. In store....
Brimstone, Am. roll

....

45
25

'.

18X®

23X©

Gin
Domestic liquors—Cash.
A Icohol (88 per ct) C. &

16
13

@

13X©

8PIRITS—

13

62)i

25k@

Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix, 3d proof.

15
12

’

30
30

6

11X@
1 12X©

do

12

@

...

19 @

gold.

Arsenic, powdered
B1 carb. soda, Newcastle
Bi chro. potash. Scotch
Bleaching powder

..

32

Pig, American, No.l
Pig, American, No.2
Pig, American, Forge

5 15

!>s @
21 @
19 @

gold.
gold.

Argols,crude
Vrgols, refined

V lb

English

io>4@

gold.

.TV

"

Bavarian

13^@

gold.

DYES-

16
18X
16
13
11

11
!(>x@
14 @
....
@
12 @

75

7 37k

Nutmegs, Batavia and Penang
Pimento, Jamaica
Cloves

16

Belgian

nx@
lax©

gold.
gold.

Alum, lump

...

1

do
Calcutta...
Mace

@
@
@
@
@
@

18

.

gold

Cassia, ChinaLignca
do
Batavia
Ginger African

....

37X

gold. 7 12X©
cur. 6 S7X©

white

do

@
@

....

00

6 25
5 3'k
5 00
5 03

5 25 @
4 75 @
4 50 @
4

Pepper, Batavia
do
Singapore....

IRON--

Laguayra

DRUGS &

22

18

Crop of 1872

16
15

Liverpool house cannal

Bolts
8heathing, new (over

do....
do....

Cropof 1874
Crop of 1873

12 00
18 00

Java,mats and bags
Native Ceylon
Maracaibo

21X
24

HOPS-

C J AL—

do

24

....

Texap,
cur.
L. /. stock—Calcutta slaught... gold
Calcutta,dead green
“

27

14X3
@

do

do

California,

Calcutta.buffalo

13

A lotion sale of Scranton, Jan. 2.:

do good,
do prime,

...

...

*

2i

23X©

“
“
“
“
“
“
••

4H ft

Silesian
Domestic
SPICES—

@

do....
do
Matamorap,
do
Bahia,
do....
Wet Sailed—Buen. Ay, selected

7X

©

Tsatlee, Nos.l to 4
Tsatlee, re-reeled.
Taysaam, Nos. 1 & 2
Canton, re-reeled No. 1
8PELTEK-

23X©

“

do....

Chill,
Pernambuco,

15

fine

they run

12
2 00

@

20
20

••••

Welsh tubs,
“
Half firkins (Western)...
Welsh tubs
“

"

do....

Grande,

Maracaibo,
Bahia,

15

Halfflrkins(Eastern.)

do....

•

@

11X©
1 80

California,
Matam. and Mex, as

24 @
23X®

Rio

.

•

9X«

Zinc, wh.« Amer.,No.l,in oil
Paris white.Engllsh.'prlme gold...
BO TTKlt—(Wholesale ^Prices)—

do....

do....

■lljj

3
1
2
2

SILK-

2f>X
25X

©
@

Orinoco,

•

•

?5
25

"
M
"

Corrientee,

«...

•

'

Dry—BuenoB Ayres, selected, gold
Montevideo,
do....
“

6 25
•

@280 00
@ ....
gold.220 10 @ 230 00
•• 210 00 @280 00
^Ib “
7X©
8
*•
....@
5X
“
4H a
5X

HIDES—

3 50

@
@
@
@
@

^ Tb
@
Clover, Western
Timothy
^ bush. 2 80 @
Hemp, foreign
@
Flax, rough
2 23 @
Linseed,Calcutta V 56ibgold (time). ... . @

70

@

$ ton. 220 30

Russia,clean

BKEADSTUFF8—See special report.
BUILDING MATERIALS—
Bricks—Common hard, afloat,

65

HEMP AND JUTEAmerican dressed
American undressed

&ST1KSPot..

OOFFEEitto, ord, cargoes, 6O@90days,
do fair,
do

SEED—

HAY-

liENERAL

C IKES te¬
state factory, good to
State dairies, fine

[February 13,1875,

CHRONICLE

THE

4f*bbl.

8TWAM.

if. S. ft.
....@ 5-16
3 0 ©....
32 6 0 55 0
55 0 ©;...
S.

10X0...11' @....
8 0 0...
5 9 @....

*

M

—salt.-—
d.

....©
2 9
27 6

35 0

0
@
@

9 K*
5 9©
39 ©

52 6

Co.,

Ever ett &

Street, Boston,

E.R.Mudge,SawyerScCo
FOR

AGENTS

Bank,

City

LONDON, ENGLAND.

Burlington YVoolen Co.,

INCORPORATED BY ROYAL CHARTER, A.D. 1855

Chicopee Mfg Co.,

fc

Mills,

Ellerton New

AUGUSTINE HEARD & CO.,
Advances

The

Washington Mills,

AGENTS FOU

Victory Mfg Co.

Saratoga

made on consignments of approved mer
chandize.

(Corner of Finch Lane), Thread} needle Street.
fNo. .84 Old Bond Street
Nos 219 & 221 Edgeware Road.
BRANCH
2 Nos. 159 & lGOTottcnham Court Road,
OFFICES, 1
No. 25 Ludgate H 11.

.
BOSTON.
15 Chauncey St.

NEW YORK.
43 & 45 White Street.

JAPAN.

OF CHINA AND

Financial.

Commercial Cards.

Commercial Cards.

66, State

V

THE CHRONICLE.

February 13, 1875.]

HEAD OFFICE

PHILADKLFIIIA,
J. W. DAYTON, 230 Chestnut Street.

f

I Nc.7Lowndes

John Dwight & Co., Wright, Bliss Sc Fabyan,

Terrace,Knigthslu ’ge.

MANUFACTURERS OF

SUPER-CARBONATE of SODA
AND

York.
Trade ONLY Supplied

11 Old Slip, New

The jooomg

8c Co.,

Olyphant

MERCHANTS,

COMMISSION
Hons

Kong, Shanghai,

AGENTS

Foochow A

China,

York.

A TARRED

DOMESTIC USE,

Rock ports.

Otis Company

AGENTS FOR

VALPARAISO, CIIILI,
Messrs.

PREVOST

LIMA AND

WORKS.

PRINT

Sc

CO.,

Travelers’ Credits

A full

CHARLES

COMPANY.

City Railroad

PACKED

&

NEW YORK.

Smith, Baker Sc Co.,
COMMISSION

MERCHANTS

mid Hiogo, Japan.

Yokoliam

Pine

•

York.

New

PENS.
WAREHOUSE,

91 John




A

No.

33

1 Nassau

Street, New York,

(Corner or Wall
CHICAGO HOUSE:

Make

Street.)

HENRY GREENEBAUM & CO.

Commercial
leading cities of Europe and

Exchange, Travelers’ and

Credits, available in the
the United States.

BROKERS,

STREET.

YV ALL

Telegraphic Transfers ol money on Europe

DEPOSITS.

Deposit accounts received on favorable terms.
give special attention to the Investment of
money, upon mortgages on Improved Real Estate in
Chicago and vicinity, giving to capitalists, availing
hemselves of our services, safe and profitable invest¬

G. St. John Shefield.

ment^

TRANSACT A GENERAL BANKING
STOCKS BOUGHT AND SOLD

We

BUSINESS

ON COMMISSION

Ripley 8c Comp’y,

Hilmers, McGowan 8c Co

BANKERS A

IN

BROKERS

AND GOLD
New Yrork,

FOREIGN EXCHANGE

SONS

Street, New York.

HENRY HOE, Solb Agent

BANKERS,

Company,

64 Wall Street,

GILLOTT

Greenebaum Bros. 8c Co.,

and California.

R. Suydam Grant.

MANUFACTURERS’

incorporated loaus neg jtiated on liberal

Issue Bills of

INTEREST ALLOWED ON

STEEL

dealt in at the Stock Boards

terms.

Exchange ana Issue Letters of Liedit on all principal cities of.Europe.
Open Credits on Shangbae and Yokohama
Telegraphic transfer*', made
Special Partner.—DEUTSCHE BANK, Berlin.

BANKERS AND

CORLIES,
Street,

and other

Lichtenstein,

Draw Bills of

REPRESENTED BY

W

fTT Securities not

Street, New York.

Grant 8c

bought and sold at the New

and at private sale ou com in is

specialty with this house for many years.
First-class Municipal Bonds Railroad Bond*

BANKERS,
7 Broad

Years,

sion.

Knoblauch

PROVISION DEALERS AND MANUFACTURER
OF LARD OIL AND STEARINE.
ESTABLISHED 1841.

York Stock Exchange

“quotations of “Local Securities” in this paper

FOR

REQUIRED

Established Custom 22

7®'“ Stocks and Bonds

Stocks,

Thursday, cr

Made on all other Days,

DAY’S NOTICE WHEN

UPON ONE

Our

and Gas

CLIMATES.

AUL

Every Monday and

OTIS,

BONDS,

AND

Special Sales

PLACE,

47 EXCHANGE

AUCTION SALES
or

Specialty tor 19 Years.

JEWELL,HARRISON

OSEPH

PT* REGULAR

Street.

Duane

STOCKS

See

LARD

PINE STREET, NEW YORK.

No. 43

Company.
supply all Widths and Colors always in stock.

CATER A CO.,

with th

Nicolay 8c Co.

Stock Auctioneers ami Brokers,

Financial.

Special attention to everything connected
purchase and shipment of
Nitrate of Soda.

66>£

Albert H.

States Bunting

Advances made on

E.

DUCK, CAR COVER.

Also, Agents

LIVERPOOL, ENGLAND

w

The Ollicers

1NG, BAGGING, RAVENS DUCK, SAIL TWINES
&C. “ ONTARIO” SEAMLESS BAGS,
“AWNING STRIPES.”

LONDON, ENGLAND,

PURE

encashed when issued by Clients, and every description
of general Banking Business transacted.
and Clerks of the Bank are pledged not to disclose the
transactions of any of its customers.

n

And all kinds of

No. 109

Consignments of approved mer
;liandlse to the above houses.
Messrs. Prevost & Co., Iqulque, are prepared to giv

honored against

in London.
Mercantile and Marginal Credits ar
issued, as also Letters of Credit upon any leading
Commercial City.

Co.,

COTTON CANVAS, FELTING

IQUIQUE, PERU

Messrs. JNO. W.

Cheques and Exchange

approved previous or simultaneous Remittances.
Credits onened against First-class Securities negotiable

W. CATER, SONS A CO.,

Messrs. JNO.

Sc

ber in eacli year.

COTTONS AILDUCK

United

A

Accounts opened with approved American and other
Foreign Finns or Banks, at such moderate rates of
Commission as shall be considered consistent with
Bound mutual advantage.
The Interest upon such
accounts is calculated at current rates on daily bal¬
ances, and is made up ou the 30th June and 31st Decem¬

Hosiery,

BrinckerhofF, Turner

CO.,

KENDALL A

Messrs.

o

Troy Manufacturing Co.,
ORIENTAL

MERCHANTS,

Street, New York,

48 South

SECRETARY—C. J. Worth.

Lowell Hosiery Co.,

TO ORDER.

Chauncey,

COMMISSION

Esq.,

Joaquin De Mancha, Esq.,

MANAGER—Alfred George Kennedy.

Boston Duck Co.

Mills,

Manufacturers and Dealers

Fabbri &

:

Andrew Lawrie. Esq.,
| William Simpson, Ksq.,
Robert Llovd. Esq.,
I James K. Vauner, Esq.,
IVm.McArthur. Esq.,M.P., | George Young, Esq.

Otis Company,

Co.,- Cordis Mills,
Mills, Thorndike Co.,
Mfg, Co.,
Palmer Mills,

NEW YORK.

STREET

192 FRONT

Henry Vigors East, Esq., |

Demand

CORDAGE,
GANGS OF RIGGING MADE

S

.John .Jones. Esq., Chairman.
Henry John Atkinson, Esq | Win. MeNaughtan,

Franklin Co.,

Mfg. Co.,

Renfrew

Henry Lawrence of Sons,
8c
manufacturers
FOR EXPORT AND

170,000

-

Warren Cotton

104 Wall St., New

MANILA, SISAL, JUTE

600,000

-

-

D I R E C T O R

Columbian Mfg.

Represented by

-

-

FOR

Pepperell Mfg. Co.,
Bates Mfg. Co.,
Androscoggin Mills, Laconia Co.,
Putnam

<£1,200,000

-

-

-

-

Reserved Fund

PHILADELPHIA.

211 Chestnut street.

-

-

(60,000 Shares of £20 each).

Paid-up Capital

BOSTON

Continental Mills,

Canton, China.

OLYPHANT A Co., of

NEW YORK.

100 Summer street

SALERATUS,
No.

Subscribed Capital

71 & 73 Thomas street, )
and
y
117 & 119 Duane street, )

DEALERS

RAILWAY

(P. O. BOX 2,847.)

Special attention paid to the
mercial bills.

FINANCIAL AGENTS,

AND CORPORATE SECURITIES.

No. 32 Pine

negotiation of Com¬

*

Geo. B,

IN

Satterlee.

SI., New York.

THE CHRONICLE

vi

F inancial.

Dickinson

&

Financial

M.

K.Jesup, Paton &Co.
BANKERS,

St., Cor. Exchange Place,
No.

YORK.

KKW

Publication.

Co.,

BANKERS,
Broad

[February 13, 1875.

52 William

Street, New York.

Draw

Bonds

Securities, Gold, Stocks and

Government,

bought and sold strictly on Commission.
Accounts received and interest allowed on Balances
which may

be checked for at sight.

B. Dickinson.
Platt K. Dickinson. f
Member N. Y. Stock & Gold Exch’ge
Howard C. Dickinson,
Member N. Y. Stock Exchange

N. T.

Beers, Jr.,

BROOKLYN
■1%
Dealer in Gas,

Exchange on Union Bank of London.
Accounte ot Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Dp.afts at
Sight.
Advances made upon Consignments to our address
or to or Correspondents in Europe.
Inyestment Securities Bought and Sold.

NEW

STOCKS,

WALL STREET.

GEORGE

If.

Room 28.

J. Morse & Co.,
BANKERS,

Wall

No. 8

CONTENTS:;
Financial Review of the

Street, New York,

Issue Circular Letters of Credit for Travelers

BANK,

Unitcd

on

Mfg Co

John Ewkn, Jr.,
William P. Tuttle,
Member Stock & Gold Exch. Member Stock Exchange

Tuttlf,

Broadway and 21 New Street,

EXCHANGE

Buy and sell Stocks, Bonds and Gold on commission

ON

ment Bonds—State and

LONDON

BANKERS

44

BROAD

Mercantile Failures In

Co.,

Government

Dividend-Paying Railroads.
Railroad

STREET.

STREET.

The Agency and Correspondence of Private Firms
Banks, Corporations and Individuals solicited and
interest allowed on balances.
Collections made and purchases am sale of Gold
Exchange, Stocks, Bonds or Securities of any kind
carefully attended to.
Loans negotiated and Commercial Paper bought and
sold on commission.
We are also prepared to execute orders at the Cotton
*nd Produce Exchanges.

Investment* and

Compound

Accounts received and interest allowed
Which may be cheesed for at sight.

GENERAL COMMISSION MERCHANTS

United State Laud Grant*.

Itonds

Commission, and

on

NEW YORK.
134 Pearl Street.

BOSTON,

balances

AGENTS

Co.,
and

London, (Limited.)
OIIN

I N

E u K O P E

Macy,

(Formerly of the tlrm ot HOWES & MACY»)
MANAGER OF THE BANKING DEPARTMENT

Importers —Notice

MACY

€0.,

39 Nassau Street, New York.
Collections made ou all available points, with prompt

returns, upon favorable terms.
the
Orders executed for
purchase

and

sale of

Governments, Gold, Stocks and Bonds.
Intere tallowed on deposits at the rate of four per
eent per annum subiect to check at sieht.

Duncan, Mathews 8c Co.,
BANKERS,

PROMPT COLLECTIONS MADE ON ALT, POINTS

Deposits received subject to check at s'ght, and in¬
terest allowed on daily balances at the rate of four
er

cent per annum.

Liberal advances made on snipments consigned to
heir correspondents in all the

principal ports of Cuba
A specialty made of attending to the business of
Banks, Bankers and Merchants out of the city.

7

to

12

Per Cent.

We make a SPECIALTY of County, City and Sclioo
District Bonds, GUARANTEE LEGALITY of all
bonds sold, collect the coupons without charge, cr
take same as so much cash ou sales. |2f" Send for

price list.
THE LAW

MUNICIPAL,

BONDS

just published by our senior, should be in the handr
of all Interested in this class of securities.
umes, price $10.

Two Vol

W. N. COLER Sc CO., Bankers,




COMMISSIONS

17 Nassau StM New York

Investor*.—Showing the rate

A.

Speculation.
Cost

MACI’IIERSOX,

Money Market.—Prices of Calf Loans,

and Prime Commercial

STREET, —

-

Stock Commission and Banking

Business

Tumbricke 8c Co.,
Wall

AND

Street,

BROKERS.

New

York,

Buy and Sell Stocks on Margins or for Cash
PUTS and CALLS negotiated at the lowest
market rates;

and

Bullion—Ex*

and Production—Daily Prices of

Exchange

U. S.

$50 for 50 shares, $100 for
Thirty-two p tge explanatory pam¬

Prices 1857 to 1875.

Government Rond*-Prices 1850 to

1875.

Rond*—Prices 1850 to 1815.

Railroad

Bond*—Prices 1800 to 1875.

Railroad and

Miscellaneous Stocks—

Prices 1800 to 1875.

39

Paper, 1809 to lS’-o.

Gold

Movement* ot

State

BANKERS

for

Day.

Foreign

Francis T. Walker & Co.
—^—10

Stock

Carrying

Gold from 1%2 to 1875.

Francis T. Walker, Special. Josiah B. Greicxman.
Joun M. Clark, Member of Stock Exchange.

WALL

of

REASONABLE.

Broadway Sc 7 New St.

78

per

prices, ranging from 10 to 300.

ports, Imports

JOHN

Movement

Cotton
United
Cotton

—

and

crop ill

tli«

St»te*, 1873-4.

Spinning in the United States,

18 73-4.

European Cotton Con-u mption.

100 shares.

phlet mailed on application.
PRICE:

J. Hickling & Cu.,
BANKERS

OF

The

Bought, Hold. Loaned, and Borrowed
on FIVE per cent, margin.

Transact a General

William Sc Pine Sts., N. Y.

Cor.

FN

^1—/

to fifty years-

one

being compounded semi-annually.

Interest

One

T

$1 at different rates of annual

cent, per annum realized on securities, purchased

Stock

BERKN11EHG, GOSSLXCH Sc CO

OF

€ORLl£§,

interest

at various
.

HAMBURG.

Charles A.

Interest Table, showing the

accumulation of

Table for

FOB

International Bank of *» nmbiirg
HOUS K

Specula ion.

interest, for all periods from

70 State Street,

Gossler 8c

Earning* in 1874*

Railroad* in Default.

Securities, Gold, Stocks
on

1874.

MERCHANT

LOANS NEGOTIATED.

AND

Railroad Bonds—Railroad

State Finances and Defaults.

Liberal cash edvarces made on consignment of
Cotton and Tobacco to our addresB ; also to our lrlena
In Liverpool and London.

and

Peet,

AND

COMMISSION

AND

Bought and Sold

BANKERS

WALL

London—Money Market-

CO., PARIS.

R, T. Wilson &

luteresi allowed on deposits.

8c

-

and Miscellaneous Stocks.

BANKERS AND BROKERS,

Robb

in

Movements

Gold—Foreign Exchange—United States Govern¬

A. B. Lounsbkry,

Ewen &

Commerce—Bank

States

Financial Adairs

LONDON

Year 1874-

AND ON

MUNROE Sc

Member N. Y. Stock Kxch. Late Cash. Devoe

READY.

specialty.

a

BANKERS

CONSOLIDATED

New York.

58

NOW

John Munroe 8c Co.,

bb BROADWAY & 19 NEW STREET

No. 62

PRENTISS,
30 BROAD STREET.

_

«

H.J. Morse,

5.

YORK, BROOKLYN and JERSEY CITY GAS

Brooklyn Investment Securities

Railroad and Investment Stocks and

__

18 7

Gas Stocks.
STOCKS Bought and Sold by

Bonds.

H.

Financial Review-

7 2

AND BROKERS

In

Cloth,

------

----$2 00

To Subscribers of the Chronicle

-

-

-

1 50

BROADWAY,

Buy Stocks on margin and negotiate Stock Privilege*
on any part of 100 shares. A-48 page pamphlet cut tie "I
‘THE ART OF SPECULATING IN WALL STREET ”

explaining terms used and various^methods of operat- j
ing in stocks. will be »ent free to any address.

WILLIAM B. DANA & CO., PucLisiiKr?
79 & SI WILLIAM STREET,

Y,