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

NEW

VOL. 22

YORK, FEBRUARY
Brown

THK

National Bank-Note Co.,
(INCORPOBATBD NOVEMBEB,

No. 1 'WALIi

18I».)

with $peeUil

»af4-

quarit derlged and pattnted, to prevent counter

In

m

the United sutes and adjaceut countries,
Hterting tor use In any part of the

pound9

The Exchange Bank
OP DENVBB, COLOBADO.
Capital Mock,

&

John Munroe

No. 8 'Wall Street, New York,
No. 4 Post Office Square. Boston.
CHEQUES AND CABLE TRANiiFEItS ON
niUNHWK Jk OO., f.lKiS.
STKRLlNa CHEQUES ON
ALBXANUKRS, CI'NLIFFBS * CO.

e Wall Street.

1NVEST3IENT SB0I7BIXIES
A

security effected
Commercial paper negotiated.

Wm.

HATCH,

FISK &

Pres't.

BANKERS,
NASSAU

No. &

We give partlcnlar
IN
,

ST.4

OOTKRSM KXT BONDB AT CUBRSNT

If A.RKKT

BROAD

Stocks,

ST.,

NETT YORK.

Bonds and Qovemment Securities bought

New Tork Stook Exchange.
Special AttentlOK to State,

and sold at the

We

give

•

Olty,

Conntr and Toivn Bonds, and

Secarltles of defaulted

wblcb there

Railroads for

no reealar market.

is

QUOTATIONS FURNISHED.

and remittances subject to draft, and allow Inierest*
to be credited raomh'y. on balances averaging, for the
month, from $1,000 to $5,000. at the rate of three per
cent per annum, and on balances averaging over
$3,000, at

AUenSTDS

J.

Aug.

BROWN.

J.

the rate of four per cent.

FISK

Wi.LSTON H. BKOWir.

Brown & Son,

BANKERS,
New

69 Liberty Street,

S.

G.

&

HATCH.

G. C. Ward,
AGBXTB FOB

York.

BPBCIAL ATTKNTION GIVEN TO THE NEGOTIA

(liemljers

S3 WALL aTRBET, NKW TOEE,
ts STATit aTRintr. boston.

RAILROAn SBCVRITIRS.

Charles G. Johnsen,
AlVD BAIHKER,

Sherman

&

OaiTBBal,

CoLLBcnoHft

C*.*

REW OKLBAIf*,

I.

A.

UNDBaaiLL.

B.

New York Stock
BROKERS IN

Eichtnge.)

AND OTHEK SECURITIKS,
New Yor".

No. 16 ITall Street,

&

W.

Co.,
Gilley, Jr.
BANKERS AND BROKEBS,

F.

64 BROADWAY AND 19 NSW STREET,
F. O.

New York.

Box 4SS9.

Order s in Government Securities, KallvsT Staares
and Bonils, eie.utea strlcll; on Commlsalun, at the
New Yr rk Stook Kxcbaoge.
Particular att''ntlon paid to iDTeatmenta. Forelan
Kxcliatige Bonsht and Sold. Deponits received subject to slifht cneck, and interest allowed on daily
balance'*, according to the nature of the account.
Prompt attention giveu to Cullec' ions and Remittances. Information CO' cernlng a' y speeUed security
will be cheerfully furnished without charge.

W. OlLLIT. JBj
Member N. Y. Stock Bzehange.
J.

«.8.eiiJ.BT.

NBLSoa TArrax, SpeclaL

Aindrew Stuart & Co.,
BANKERS,
34 PINE STREET, NEW YOBK.
DRAW EXCHANGE ON

C.

EZCHANSB AND PAVKINI) BvalHBSS.
ALL hOiBTa.

Samuel Shaw,
BANKER,

186 GRAVIKB STREET,

Grant,

BANKERS,
WASHINOrON, D.

EDWABD

STOCKS, BONDS, SOLD,

K.

BIRING BBOTHIEBS & OOmPANY,

TION OV

MERCHANT

4c

will be

in exciiaoge.

Buckingham& Underhill

reference to

COLLKOTDlTlDBNDS.and TowK. CouMTTand Stati
CouroNB, &c.. and buy and sell, oh Cohuission, all
Mabkxtablb Stock akd Bonds.
in onr Banking Dbpartm BUT we recelre deposits

INDIANA.
Wl»i;i>N81N,

G. BUOBIHSILAM, JB.

We

«haU be pleased to funilsli Information In
all matters connected viUi InTestments
Bonds.
QoTf^rnment
In
We also bay and sell Qoi^d and Gold rotiposs.

and

I

SATKB,

and are prepared, at ull times, to buy or «e11 In Urge
or small amounti, to salt all clastei of InvettorB.

II'Y

MlSKOUBi,
KANSA-*.
Railroad Bo i.da that bsTS a marketable rtlae

Dirkot Dbaliitq*

attentloa to

(

cities of the

ILLINOIS,

j

MICHIGAN,
received

NRW VOR&.

COUNTY,

I

lOvVA,

tlon.

30

FIitST CLAS-i

In all

TOWN BONDS, embrrcing allttaa large
lollowing States:
OHIO,
NKW YOKK,

Orders by mall or telegraph will receive careful atten*

STOCK BROKERS,

R. Utley,
NEW YOHK.

STREET,

PKNNSiLVANIA,

inACI>ONOi;GII, Vice.Pres>t.
A. D. SSEPABD, Treasurer.
JJiO. B. CVSttUKHf Secretary.

& Co

'

4 IITALL
DeaU

CIBOULAB NOTKS AND CRXDITS FOB TBATBLBBS

8Pa.CIALTr.

The luvestment of Tru«t or other funds on First
Mortftag

SIXTY DAV STEHLINO ON THE

CONSOLIDATED BANK, LONDON.

jr.

Edward C. Fox

'a

Maturin Ballou,

Co.,

London.

TAN ANTTTERP,

«StO,0)00.

Special attention given to Collections, and to tb
Investing of moaer on ir8t.ctass real estate security

;

Communleatiom may be addretted to tM*
Companif in any language,

H.

O. Collihs, Cashlsr.

THEY ALSO IS8U8 COMMEKCIAL CUEDITS,
CORRESPONDENTS.
HAKE CABLE TRANSFEB3 OP MONEY BETradesmen s National Bank, and Oilman, 8oa * Co.,
TWEEN THIS COUNTRY AND BNOLANO, AND
DRAW BILLS OF EXCHANGE ON GREAT New York Wells, Fargo * Co. Bank, Ban f ranclaeo.
BKITAIN AND IRKLAND.

alterations.

This Company engraves and prints bonds, postage
stamps and paper money for yarioas foreign
Governments and Banking Institntions—South
American, European, West India Islands, Japan, &c.

J.

ST., N. Y.,

8.

fornoD-resldentB.

Bnobatinq ahd Psntmia or
BANK-NOTES, STATU AND BAILSOAD BONDS,
POSTAGB AND BEVENtJB STAMPS,
OXBTIFICATBS, DRAFTS. BILLS OF SXOHANGi:,
AND COMMEBCIAI. PAPERS,

and

Co.,

world.

Oaited States Bonds, Notes, Cnrreaey
and National Bank Notes.

felting

&

F. i. Kbsbt, PrsaldsBt.

leine, against oasta deposited, or latUfactory goarantes
Of repayment. Circular Credits for TraTelers, In dollars

for use

STREET,

WALL,

556

Financial.

Brothers

No. S9

and

NEW VORK.

In the highest ntyle of the art

NO

1876

Financial.

Financial.

OZnCE,

19,

CO.
DAVID STUABT &London.

Llwerpool,

Pavable in

Adwaneee niade on Conalgnmente.

G. Amsinck
ISO Pearl

Street,

AABirrs roB

&

Co.,

New York,
tbb

And Dealer la Oonamerelal Papor, ot*.' LONDON AND HANSBATIC BAH!
(LnoTBDl.-LOMDOH.
•« WAbb STBBKT.

,

THE GHllONICLR

u

Financial.

Financial.

&

Morgan

Drexel,

Co.,

&

Ho.

31

j

TniBD

Sot'TB

Drexel, Harjes

Co.,
St.,

VERMILYE &
SECURITIES.

NEW yOUK

CITV

BROOKLYN BONOS.

DepoBlts received Bubject to Draft. Securlttes, Gold.
buiiglit aiiilHOld on t^oRiinlbilon. Interest allowed
OQ oeposit-'. Foreign K^cc-liange. Cninnieroia) C-edlls.

Ac,

Circular Letters
parts of tbe world.

for

'Iransft-rs.
all

Travelers,

Beoad

U.

VKUMILYK.

JAS. A. 'riiOWKRIIXJK.

bduund

d.

kandolpu.
WILLIAU

Credit

Notes

Circular

lii

I

Letters

Money

UOWRLL W. BICKLET

(N

o(

also

AND DRAW EXCHANGE ON
MoETON, liosK «fc Co., - London.

Hope

&

-

-

'VCVV-YOP^

... Amsteedam.

Co.,

^

^,j!WALNUTs.r.

O0W^\\Wh.

fHluoz\S'ii^

Merchants' ..Bank

'I

tav Scbwab,
D. %1'8,
Ma tbt BbtcB,
tVililam Allen Batler.
James P. Wallace,

Henry

King

S.

Co.,

6c

BlLs of Kxcbauge boaght and ao-d. Commercial
Credits granted, Drafts oa Canada issued. Bills collected, and otber Bauknu business transacted.
J.

INGRAM,

LONDON AGENCV,

& W.
J.

St.

& Co.

Seligman

S9 EXCHANGE PLACE,
COKNBK BROAD STRKBT, NKW iOKK.

Grant

COMMERCIAL CREDITS

SKCUliKIl

for Use Bgainsl

Collections on

all

Oeueral London and Foreign Banking Business.

KING, BAILLIE ic CO., Liverpool.
KING, KING «c CO., Boiubay.
KING, IIAiniLTON & CO., Calcutta.

Draw
fers of

Bills of

Ezchan^ and make telegraphic trans-

money on Knrope and

M. K. Jesup, Paton &Co.
BA N

KER

S,

New York.

No. S2 W^llUam Street,

Accounts 01 Banks, Bunkers aud others received
upon favorable terms.
Interest Allowed ou Balances Subject to Drafts at
Sight.

or to our Correspondents u Europe.

Bros.
BANKERS,

1

Lichtenstein,
BANKERS,

Broad

36

Issue Bills of Exctiantfe, Travelers' and Commerclnl
Telegraphic Transfers of Money, avail
able In tbe leading cities of Europe and the United

cities of

West Chicago Park 1 Per Cent Bonds,
Due 1890.

& Borg,

53 EKclianse Place,

BROKERS AND DEALEISS IN ALL KIN US 0¥

i^OUTilEBN AND mUSCULLA^BOUS

SECURITIES

N«w

o^B

43

Boston.

^treot,

IVIllk

1

ThefiC B' lids are coniiiienJed to tbe attenllou of the
MOST GOJiSKHVATlVK Ifi Vi-bX' <l;S, as they a e
bclU ved to be as pet-ftc't ft security as Ciin be oBfaMi^d.
Ihel'sue.of Bondvla hmUediu uii«obaIt ihe amuuiil
of the f>aine elassof Bonds ever hsued under a like

Guiirameei
Tli(i bccurity of eacbBond is II'Moiigi^r*. hut i-xtends over all
by the 0«mj>a. y. 'ibis t;ouipiin>
i

tioslngle
owuett

i

.-.., -lopu'iis,
uu mlier ilebrs

.

yuaraiit I'smi oitier BCcftrtTle*. m-u mti'tluiiiiai iWtrdi. Kfl UiuXtiflflrftBltrCTOt lltce Cflanurter to
tlioae wliu li luive ho-'n boui;ht in the bist twenty years
tiy IntWvld als. Life insuranee t'ompauies
ariif utlier
Gorporat oim. to the amount of ino e tbm Flfiy Millions of i'oltarf. prov uk a mutt secure aud satisfactory
'I

faler than those u..ou uliy propeitv. either lu the Faul
vv est. They are nt.tattected by Fires, or by Bustuea*
revnlMouB f rln. Ijial and interest are more promptly
paid; and upou ihe »u cess of A^rl ulture depeuai
ihat of almost eveiy industrial Investment.

or

;

HE^RY 8ALTON8TALL.

of Credit

President,

AmoB

A. 08BORN, Treasurer.
TIOK-PRKBIDKNTS:
Geo. C. Klchardson,
A. Lawrence,

James

L. Uctle,

&

A. I. Benyon,
Charles L. Klint,
Henry aaUoBaall,
Charles L.

PINK STREET,

;

NEW YORK,

Issue Letters of Credit for foreign travel.

LONDON CORRESPONDENTS
CITY BANK. Threadneedia Street.

NEW VORK.
134

BO-TON,
IC Sla.,e Street

Pearl Street.

GOSSLER

&

International

Bank

of

Co.,
Hamburg and

London, (Limited.)

Co.^

Vork>

HOUSK IN EUROPE,
JTQIIN BERKN BERG, GOSSLER dc CO
iUMBUBQ,

«l

Hon. Henry W. Paine, Boston,
tilmoon K. B>Udwln, New Haven.

Receive the account* of interior banks, b.Mikerr,
corporations and Merchants.
Agents for the sale of City, Connly, and Railroad

Bonds

T. Jeflerson Coolldgt,
John P. Putnam,

J. B. Upham.
Young.
0OUN8RL:

Co.,

BANKERS
27

Thomas WlRleawortb

Geo. P. Upham.
DIEJCOTOBS
:

Berlin.

The Brooklyn Trust Co.
Cor. of Montague

&

Clinton

CAPITAL,

its.,

Brooklyn, N. T.

1500,000.

Tills Company l« anthorlzed by special ctiarter to act
as receiver, truBlee or guardian.
It can act as agent in the Bale or management of rea

estate, collect interest or dividends, receive registry

and transfer books, or make purctiaaeandsaleof uoveminent and ether securitlei.
Religious and charitable institutions, and persoas
unaccuetomcd to the transaction of business, will nno
this Company a safe and convenient depository for
KIPLKT ROPES, President.
.
money.
'

CHAS. R. MARVIN, Vlce-Pres
Edoab M. Ccllsn. Counsel.
TRUSTEES:

OOKRE^PONDHNTS OF

BA.NKEHS,
4T Wall 9tre«t,

Accrmd

Europe.

Winslow, Lanier

Deposit accounts received on favorable terms.
We uiljr for sale a Urn' ted amount of

&

New York.

DEUTSCHE BANK,

States.

McKini

Coupnns payable reinl-annu )ly. Bnudf
to order, or payable lo Leurer at opt*»j.
Inle-esc Is not required lo be paUl by porc)ia>er, ilie Iicxt-Uue Coupoa h&va 8tam|.ud t<u tMltt
«««
denote lb it Interest begins at the d le of pu chasea
~
Pi-inphlet wiih fulllnform 'iton will be r
appUcatlua to the Gompany's udlue,
Interest

ri'Kl**tere<l

SPECIAL PARTSEH.

HKNU? GREENKUAUM & CO

Brothers

Street,

Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters
OB all pilDClpal

Cre.llts, also

e^vy

^^1
$500,000^

*KANGIS

(COBNIB OF Wall Stbibt.)

<"^11,

^^"^ff

be i.oana are all upon improved Farms
insonieof ihe most fertile Western :-tate?, near tlie
Uallroadm. with eliort and perfect titles, and avetage
less tliuii i;650 each, upon piorertv worth n'^arly fuar
Kxperlence has prov.d that Wf 1tiiiics tlie.r amount.
sole led MorttiigcB upon tliu class of properly are

&

& Co.,

Naaaan Street, Nenr York,

CHIOAttO HOUSK:

CAPITAL. SiTO€fi or

l.V' Btinent.

Knoblauch

California.

Greenebaum

ANP

GUAUANTKKi^. FJE^^^Cl^AL
BT ITS

A

Investment Securities Bought aud Sold.
Payable In any part of Europe, AatsrAirica, Australia
and America.

BY

FIRST iqORTG AGES Ol imPROVEO
KtEAL' ESTATE.

Receive, Deposit

Polnte.

Advauccs made upon Consignments to our address

Is8ae Letters of Credit for Trarelerg,

1^

OFFERS FOR SALE, AT PAR,

ConslKoments of Merchandise.

Draw Exchange on Union Bank of London.

BANEEBS,

K.

bitrles

SEVKN PER CENT JEN-YEAR BONDS

parts of the world.

f

32 Lombard

no,
G. Francklyn,
H. Webbt
Ji Plernont Moi'^ftn.
Percy U. Hyiiev
I

Mim.m

Mortgage Security Co.

45 Pall IQall, London, England.
Issue CIRCULAR NOTES fret.oj cAarffd, avallal)le

WALTER WATSON, (.„.„„
Agents.
WM.

Amos

THIS SIEIV flNtiLAiyn

BANKERS,

and Current Accounts on favorable terms, and do a

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

e ree W. Lane,
Jacob D. Vermllye,
Geo. MancuUcub Miller,
BoswelJ Skeol,
A. A. Low,
Adrian Isclln,

(.baries Aberuetby,
.Scnrr F. SfianhU^?.^

Make

Capital.

Paid

Corlles.

Sherman,

•

Isaac N. Pbelps,
Josiab M. Flake,
(Jliarle:ii G. Landon,
Kduuind W.Corlles,
Fn'deric'' H.Copsitt,
\Villlam H. Appl.tou,

Execute Orders on the London £tock Exchange.

Canada,
WALL STHEKT.

B-'iiJ'im'n B.

David

In all

aukncy ov

63

tuo,

Kdmund W.

Samuel D. Kabcock,
Junatban borne*

Gu

PaEIS.

-

li.

Frederlcic H. Cossltt,
Isaac K. Plielp*.

Martin Bates.

all parts of

4& Co.,

Auios

Jacob D, Vermllye,
lieuj. I!. Sherman,
Bubcock,

BLACK.

J.

)

BAIJCOCK. Secretary.
KXECOTIVB COMJIirTJih:
C. H. v.

;

IIOTTINGUER

F. SPAULDING, President.
B. SHHIiMAN.
Vice
FUKDKUICK II. OOSSITT, n'realdente,

BKNJ.

;

jf

HKNUY

BOARD OF TRUSTEES.

Commercial
tUe World.
Negotiate First-Class Railway, City and
Slate Loans Make Telegraphic Transfers
Travelers;

for

Oredits available

tion.

DONALD MACKAT,
LATHAM A. KISH.

j

N. Y,

St.,

and

Allows interest on deposits, returnable on demand*
or at specihed dateB. In aithorlzed to act as Executor,
At.iniulatrator. Guardian, liecelver, or Trustee. Llktwlte, iH a le al depoBltory Tor money paid Into Court,
or by order of any surn Kftie. Juiliv duals, Firuis and
SccleliuB seeking lucoinf; irum money lu auevHiire, or
at rest, will tiun safety and advautitge lu tliU lubtitu-

ON COMMI.SSION

Sani'l D.

gVJAU-STBQ.^
Issue

SK.I.L

RAILWAY hTOCKS, BON DS& GOLD.
WAFH'.V

Morton, Bliss & Co
3

BUr AND

INTRBKST ON DKPOSITO.

ATTORNKYS and AGKIiTS 07
mesars. J, S. VlOHtiMS Sc CO.,
No. 82 OLD b;{OAD ST., LONDON.

Bankbes,

Capital,* 1.000.000.

AND

|

available in

e^jij^ASSAUiSJi m. >/h£st '

DEALERS IN ALL ISSUES OF GOVERNMENT

Philadelphia.
Pari*.
DOMESTIC AND FOREIGN BANKERS.

t.'Mblfc

CO.,

16 and 18 Nassau street, Nciv l^ork,

& Co

Boulevard Bauaamaim

31

Financial.

BACKERS,

WAIiL STRKRT,
CORMER OF BROAD, NEW YOKE.
Drexel

[Februajy 19, 1876.

J. 8.

Rockwell,

t.

Henry Sanger, Alex. McCne,
Cbas. R. Marvin, A. A. Low,

W.C. Klugsley,
Abm. U. Baylis, S. B. Cliiltenden,
John P. Holfe,
nomas Sullivan. Dan'l Chauucey, Edward Harvey,
James U. Flab,
II E, Pierrepont, Josiab O. Low,
Ale^_M_. Wb^t^^^^^^^
Jobn Ualsey.
1

.

^^^^^

Febrnaiy 19, 1576.]

CHEON^QT^^

iflE

Financial.

Hi

Finanoltl.

REAL ESTATE
vIORTGAGE BONDS

Flnanoial.

&

H. C. Williams

Co.,

AuDiTOK's Orrios. Lkuslii. Feb. i,
the

WbU

$1,000,000 CAPITAI..
K KEAL KSTATK MOUTUAUK BONDS AKK
LOMMKNDKU TO THE ATTKNTION OF

ONSERVATIVK INVESTORS.
AfrM—They

I

iiullvldiiat

tlio

liiive

HahllUy of

the

HoonrfHl by a Urat mortgage of
|>8l ritHte of not li'sa tluiii doiiblo Kh vhIqc.
y/iir**— Tho iHuiiipt jmyiiu'iu of IkjIIi i)rlnclpal ami
lileri'Bt of rvri y bond \n nuiinititfM'd by this dumiiany.
The Company tfuiirauteelng tupHO Honda rectdvua wo
rjiosits. owes iM> money, and incurs no obli^aliunH of
iiiy chftractar exci^ut tbose arlslnK from audi gunranty
u-reby koeplnjr l*s whole cmnltal vC One MljIIou

Ha^iut—Kuch hoDil

\n

'

lollAT*
Iroinpt

nniniPUlred.TO MKKT AT ALLTIMK^ the
paynieul of buLU principal and Interest uf

Honda are formally aproved by the following Kxecntlve Board
:oBEBT L. KKNNKDY, AUKIAN ISELIK,
JAMKS A. U'JOSKVKLT,
\MITEL WILLKIS,
All mortKHgi'Mflt'cnrlnff the

:

KUUKaE KKLLY,
.JOHN D. MAXWKLL,
GUSTAV U. KISSKLL.

HEMSKN.
UUTLKKj
KNRY P. HAVKN.

iSi.

HAS.

bear S'.'veu Per Cent Interest payicmlaanually, aud are oUered for nale at one
uudred and iwo and Int^-rest it the otllce of the
QUltablu Trust Company, Kos. 52 & 54 William street.
.JONATHAN KUWAUDS. President.
1 he»e Securities
)lo

Burglars.

>ntral Safe Deposit Co.
the SAFK KKKPINO OF VAl.UAMI.KS IN
UliK ANJ) liUliOLAK-PKOOF VAULTS,
Nos. 71
73 W, 33d St.
VKRY FACII.IIY AFFORDnn FOtl '1 Hi, COAyjiSJfNVHaiia /^waci/ or -tADY PAIhOAi.

hi;

A

ULLIVOOD

K. 'rilUHNK,

President.

IHIl

Uood Railway Uuud«

Bxcbangu.

quoted, and thOHe

eat made a Special Rrancli ol
neaa,
Wegnotea«rollavs—

«

Burl. C. K.

Minn.,

do
Cairo

do

&

whleb are by their
Bid.

1st,

Minnesota DIr..

Milwaukee

Aak«d

a
M

;d
Uly.... 80

Fultou, lat

..

M
a

,, ,,

,,/.;.

it)

S7
ttSi
la
4t
3J

1
8S
Chit^auo Clinton & Duburiue. Ist
M
Chic. Dauvlllc
Viucennes, 1st, llllnAls UIt. M
S? Urbana
„
Danville
B.
.

Houston
Hoaston
.....

&

.

<»'• '>idl»o»

*

DIT.

Pekln, 1st
Ureat Northern, 1st

."1?.,

'^°

..

Lisa.

4U
6J
s;
85
34
TO

.

Western Ext.

1st,

rllntA I'ere Marquette, Ist, cons
BvanavllleT. H. k ChlCBBo,l8t

£ Indiana, tat. L. O .guar
ist. Ex. L. B.
1,''''
,.
..
Indianapolis B.
*^'i„
Western, 1st
do
do
8d

Grand Kaplds
.

.

„ ""

''''..

1st. rs.J. db
JJo. II
No. 16

4

Lake Superior &

da

&

Logansporl C

73

Southwestern.

Ji
7

28
la
53

Ist

& I'exas, Ist
tle-llng. 8s. wl n cf
do
8s ex-..f
Interest Ss

Missouri KansriS

Mobiles Ohio,

do
do
MontclalrKli.of N. J.lst
New Haven M. & Willluiaulle.

New Jersey Midland, l-t
New Orleans Mobile & C.l.t
New York & Oswego Midland

.',«

39
39
20

A

It

St.

I

I

18

i\

4
aa

"

ist. K. 1> ..
1st.
1>

W.

.

TBRBe PKH CEXT

Htl/»

fUllUflCU Ct:sT

«wku atpoHiu renuiinitiff

Actau Trustee

l,ilfn>:l

ittuiuhH

nt.r

annum on
annum on

I>.

MANOAM.Pretldent.
"""»"•

P..

JUBIIC. CKUI1C8HA.NK, Bccral&ry.

stock Aiiclioiicers

43 PIJVK

o.

er-

&Co.

and Urokerit,

STHEET,

NEW YORK.

BKOULAB AUCTION 8ALKS

The

nnderMgned

AND BONDS,

TOC'KS

AVery Montlai/ and Ttairsdau, or

MadB ON ALL OTHBB DATS.
ONK DAY'S ^OTICE, WHEN KKQDIKED

I'BOIAL SaLICS
jfOJI

^r

Custom 23 Yean.

B«tabliiihed

y^ BtocSs aud

Bonds

ork Stock Eichinge,

))ouglit

and

and sold at the

at pi Ivate Sile,

m

JOD.

W

SALES

7
;o

10
-a

or

all cluHBtia

ADRIAN
No. T

Id

Firsl-class .Municipal

Bond.s, Kallroad

on

PBNNSTLVaMA

TKKAHUKKH

BANKKKS
2

QUAllTKULY DIVIOKND

NEW

&.

SON,

YORK.

5c

Co.,

MEHCUANT

EXCHANGE COURT.

Liberal cash advances made on consignments of
Cotton and Tobacco to our address ; also to ourlrlenas

London.

Soverninent Securltlea, Gold, Stocks

aud Bonds

43

pine

Bought and Sold on Commission, and

NEGOTIATED.

Acconnts received and Interest allowed on iMlaoces
which may be checked for at sight.

WIIETHEK YOU WiSH TO BUY OK SELL.
WBITH TO

1IAS8I.ER & CO.,

dkalkr in
ecarltlea of

"K. CoN,

and Defaulted
Slate. City aud

Solvent

also
County llunds.
TIMF LOANS NKOOTIATF.I).

Banks, Bankers and Insurance Companies
wishing to purchase OFFICE FURNITURE, will find
a One as.ortnient, at prices to suit the Umes, at the
e.tabllahment of
•

)n »

Nn^rrtl

Immore-

•

"lewrs.

i„V,-r,''u

SojUi-rA Co., New York;
'^"" N«'to''»l Bank
IIS^'^S"'

of

S

TWO pSr CKNTon

TTNION PACIFIC RAILROAD COnFANY.— Tne annual meeting of

i

he stockholders

of Directors for the ensuing year, and the trankaction

may

of any other business that

legally

come before

the meeting, wilt be held'at the otllce of the

No.

42

Equitable BulKtng, Bos'.on, on
8. 1876. at 10

o'clock, A.

Company,

WBDNESOAYj

M.

Stock transfer-books will be closed after SATURSIDNEY DILLON, President.
DAY, February 26.
E. U. ROLLINS, SecretBTT.
BoBTox. February 4, 1876.

Trkasitby dbpabtubnt.
1
Orrioi or Couptroi lib cp thb CuBBaHOT,>
WASHlNoriN, February 1,1876. )

— 'i'ME CIK. CILA-riNO
NOTICE.
FIK8T NaTIKVAL BANK OF
NOTKS
of

tllH

IOWA, Ihe FOURTH NATIDNAL
HANK OF CHICAOO, ILLINOIS, and the MINKlia'
.NATI0N.4L HANK OF GEDKOE I'.iW.V, CuLn-

KAL>o. will be re leemed upon pre»entAtlou at the
Treasury of the Umted State. In the city of W'a hlng-

JOHN JAV KNOX,

toD,D.C.

Comptroller of the Currency.

The First National Bank of Rochester,
located at bochestrr. in the Btste of Indiana. >b
Al Dote-hold.rs and other
clo.lng up its sfiilr..
creditors or»ald s oclatlonaie therefore liereuynotlfled to present the notes, and other claims against the
AKTHUBC. COPi-LAND.
lorpsyment.
association
President.
January 11. 1376

NOTICE.—

Railroad Bonds.

Bonds

ST., N. Y.

}

18i6.

declsred a

BEDF»KI1.

liberal

Martin Lewis,

2.

the capllal stock of the Company. c1< ar o' all faxes,
payable ou and af er February 29 to slocknolilers, as
registered on the books at 3 P. M.. January 81.
UAYAnD BUXt-liU, Treasurer.

of

MULLER

AND COMMISSION

I.OAN«

y

rtuy

No. 7 IVall Street, N. Y.

Room S.

DEPABTMieXr.

8

of the UAlou Pacific Railroad Company, for the choice

PINE STREET,

m Liverpool and

OMPANT,!

U*ILItOAt>

'rtl ST CKMO..MKK«.-THa
NOTICE
Board of Diret-tors h^s this

March

SccurlUes not dealt In at the Stock Boards a
wltk tli s house for many years.

other Incorporated loans negotiated

H.

>

J

*

I

60"

WEDNESDAYS AND SATURDAYS.

'eclalty

1*"

I

.

\i

STOCKS AND BONDS,

New

on comnilS'

Assistant TreBsarer.

•^ 'I
TICK I. hereby given to the Stockh.jlders of the
Chicago * Allan Kallroad Co. that a cash dividend of
Iti'UU Pa:K CENT has this day been deuUred oa the
Preferre>l aud Common Stock of this CoTnpaur. pByableat ihe banking house ef Messrs. M.K.Josup. Paioa
*Co No.ria wiiiiio, itrggt.NewYark.uuthellr tday
of Marc next, t h>tld::rs who are regl.lerod as such
at the clo<<e or business hours .OQ the i6 h Inst., at
which time the Irai ster bo ks will be closed, and
re-opened for tra. sfer. on the 2d d^y of March next.
W><. H. LAKKABKF, Hecretary.

RKGULAR AOCTION

holil

R. T. Wilson

OF

DKNISON.

N.

1876.

Cbioaoo * Altox Kailboid Co..
Cuio
ic .ao. February » 1876.

n

15"

OH

Mbert H.Nicolay

J"UN

^<>TICET»SroCKiIUI.DBRS.— NO-

At Auction.

per
or tmii/er.

for est8tf«,

Boston,.January 20

PuiLA Kl-PHli. Ffbrua

United States Uoverumeot Boud*.

Paul
tiUerent per
eponiUnubjert to rhecfc at shiht.

confornlly to the
of thiiKliihtPer CentSlukUu Fund MortCompany, sealed pronoxls ar<! Invited,
endorsed.
Pr.nosals to Bell C. a. Jls II. slukinii Fund
Bonds." and addri'ssed to the underBinncd, till Mon
day. hebruaryaist ensuing, at 12 o'clock nnon. to sell
to the Company, tne hundred and clghty-une. or any
pa' c thereof, or the Bonds securi'd under sud mori*
g ge, for the purposes of the sinking fund,
Hy order of the Board of Dlr.ctors.
this

BONDS

and

Second Mortgage,

|7V),O0O

'•

ju"

55
10
9
50

M

all

"

46"

21, I8;j. at

provision

gage of

2(1

ouls. 1st

of October

already received |1,^.W)0

Mjrtcage Bonds and

ao"

itf

Ist

..'.'.'.'.'.."'.
West Wisconsin, L.G. ,1st
do
Interest payable In London.' 55°

STOCKS

atreet.— Having

w

41
41
ai

2j
as
86

Auditor.

KK-OUOANIZATIOM Cait.UlTT£K Of

8K
1st

.

WESTON,

IHIDI.AND RAIL-

nHIOAaOBITRI.INGTON*
OI/INCY
^J KAILR >AU COMPANY.-ln

BU
78

ao
13

any particu-

other holders to Join them by depositing
their bouds with Ceniral Trust Co.. No. 14 Nasiau st.
D. B. HALBTEAU. Chalruiao.
H. P. DxcBBBT. Secretary,
Chambers street.

115

IS
la

u

J B.

request

18

.71

Mississippi. Ist

pMrvbl^i

3^BW JERHtY
Liberty

M
4U
U

U

D.

made

SftS? /•

ifirst

N.. unfunded

*J.

Ist. 7«. J.
1st. 68. Feb

leruvt

is'

10

B||M^lBMMf

Bppro»«d rs«. m;

•

In sBld Clly. are hereafter piyabla at S4ld

WAY

81
87
ss
80
Ids

54

6U
75
do
.. Ti
Aug.. funded. 7a

*

bank

24

35

'". Extension..

.
International
Rli., 1st
Kansas PaclUc, 1st, 7s, U.

do
do
do
do
do

WO
.

.

',

BONDHOLDKR-i, Meeting

4ii

il

.'

& T«za< Ceolrai, Ist, Main

ilofkford

iji

w

'

&g
ftLM

.

lar

»)<

i,m

iut..i>ii.t,im.i4iof

1875, and all buud. ...... ^^»i.^uM of the Bta'.e, or any
county, ollr. towoshlp, preclnci, or school district la
the Sute. heretofore Iss led. or hereafter to bo Issued,

uul regji-

Our Hual-

1st.

Canada Southern, Ist.couiiou
do
1st, reBlttered
Central KK. of Iowa. 1st
Chesapeake & Ohio, 1st, 6i
To
do
?,i,7s
Chicago & Caniida Souther II, 1st
<""

"AQt provWIng for m.

in Default ot Inter-

Southern Minnesota. 1st
St. Josi-ph & I), nvercily,
do
do
TexHs & Paclflc.
O

liTUted

Biency

lu the city of .v,-w

do
do
ad
Northern Parlflc, 7 3-Mls. Isf
do
r'-Klftered
Peoria A Kock iK'and ls>
Port Huron & Lake Mlftilgiin. 1st

OF -rHE OITV OF NEW VOHK,
C01. BROADWAY A WAliUI'J.W SI.,
i»AID.UP CAPITAI^, $1,000,000.

llscsl

Others for «^«>itl(a auU oiliiir SocurlUa^
receive personal attention at th^' N.iv York Stock

aud

ibnolute Security u«:ain«t Vire

U

Toi k. has beta dealg-

of BBld stBte.la a icoriiaac* with the prarloens el as

Ik,

WHO Bonafl.

New

STATE, CITY& HAIL WAY UOtiOS.

larly

'tW. ilOST

(

Bsak of Koontae Brothers. iocBted at Ho.

street. In the City of

nated by the Oovernor of N»liraskaaslhe

DKALaas IN

Equitable Trust Co.,

t

ir.«.

HEREBY UIVBN THAT

pj^OTIOB II

BANESRa AND BRUKEBB,
49 Wall Street, New York,

UUAISANTKEO BY TUE

AoBsor roB Taa Statb or HMMtkiXA

FitoAi.

T. G.

SBLLBW^,

103 Fulton
Fln« Cyl Oder and

KsU Dmki

St.,

New Vsrk.

t Bptclslty.

OTICB.-THS NATIONAL MARINE BANK

located at 81. PAUL, in the bt»te ot Mlanesota,
IsclosiuiE units sttdlrs. All i.ote-holders snd t>tUer
CI editors of said assocUtton are, therefore, hereby
notitled to ptesant the notes aud other claims against
assocla loa for payment,
the aasoc.
i.
tne
^

^ TUBBBLI..

-

Dated December

IleBldeBt.

31st, 1875.

NOTICE .-T HE RICHL»N»

In
NATIONAL BANK, located at MansOeld.
A I notethe Slate of Ohio, is closing "P.ltsadalrs.
holder, and other ciedli.rs of ••"».»•?«'•''»? •'5
therefore herei.y nollfled <o ,P'e"°i '''• "i"/
a;her claim, against the «^^'^'_'^;

"*

J^^'^^"''

BeuaDec.n.Jsm.

'

'

"*•"*

:

TBE CHRONICI-R

IT'

[February

Financial.

Insurance.

THIRTY-FIRST ANNUAL

Kansas Pacific Bonds

REPORT

LAND UOHTQAaii U KU8, DUE MARCH

NOS.

INSURANCE GOMP'Y,
OFFICE,
AND 348 BROADWAY.

JANUARY

utfJCj'^&SB^'

Amoant «rNet Cash

H. G. STRBBINS

To

LIFE

'346

Assets,

JaBuary

1,

1,

$37,145,777 51

KEVBNUE ACCOUNT.

^soo,ooo
IKT.

SUMS OF
Wanted

1,870,658

84—

7,939,661 15

$36,085,438 66

DISBVRSBKIENT ACOOVNT.

Every valuation reliable^ and not
prese^it actual value requir*'.'t

JOSIAH

BONDS.

M

callateral security)

FOR SALE BY

4,918,535 97

DANIEL

:

*

THE NEW JERSEY & NEW YORK
(Ooneollditi n of the Erie liailroatl branch*

UAckessauk, aud cuuiIuuoub road^.j
of the First Mortgrage 7 per
gold bonds haTiug been negotiated iu Europe li
only the remaining portion of $180.0000
bonds are 6fl'ered« at an advance iu the price to

1,830,540 51

$200,000

and interest.
The bonds will be re-pnrchased at same pric
any time within one year, and cent ract given tn

885,738 83

the company maintaining funds in tros
ROLLINS BROS. & CO.
purpOM with

effect,

that
463,369 64

105,341 54

J.

37,111 49

Accrued interest to January 1, 187B, on Investments
Excess of market value of securities over cost

S57.180

86-

Adjusted losses, due subsequent to January 1, 1876
Reported losses avraiting proof, &c...
Reserved for re-insurance on existing policies ; participating iuEUrance
at four per cent Carlisle net premium; non-participating at five per

premium

$30,645,956 64

144,598 66

INVESTMENT SECVRI'nl
Texas State, Railroad, Connty
Texas Lands and Land Scrip for

81—

38.146,398 91

Board of Trustees has declared a Reversionary

TKU

H4.Vfi

S

may be used

in settlement if the policy-

BEEN ISSUED, INSURING $31,964,190.

TE E

MORRIS FRANKLIN,
DAVID DOWS,
ISAAC C. KENDALL,
DANIEL S. MILLER,
JOHN MAIRS,
WILLIAM H. APPLETON,

OFFIC
29

BROADWAY,

WILLIAM
H. B.
F.

C. R.

BOOTH,
CLAFLIN,
A.

SEYMOUR,
BOGERT, M.

D.,

OEORGE A. OSGOOD,
HENRY BOWERS,
SANFORD COBB,
EDWIN MARTIN,
JOHN M. FURMAN,

ROBERT B. COLLINS,
WILLIAM BARTON,
LOOMie L. WHITE,
WILLIAM

H.

mORRIS FRAIVKLHV,
O'DELL, Superintendent

TiK^W ITORB

Bonuer &

G. T.

€<

BANKERS AND BROKERS,
No. 20 Broad Mreet, rfevr Torb
chiuRe.
Dealers in

all

descriptions of Bonds and Invest

Seciiritlet

ThecorrespondeDceof Bankers and Brokers tbn
out the country Koliclted.

Fundi ug of Southern State

Bonti

We are prepared to fund Bonds of the folic
Souttiern StAtes, in accordance with their a
FundlDK Acts, upon the most reasoQabte t
possible:

VIRGINIA, LOUISIANA, S0U2H CAROLii
'lENNESSEB.
•

WANTED.
Alabama State Bonds.

BEERS.

Louisiana State Bonds.
South Carolina State Bonds.

Pregident.

H. BEERS, Tice-PrcKldent and Actuary.
THEODORE M. BANTA, Cashier.
D.

KS:

stocks, Bonds, and Government Securities Ix
and 8o!d on commlaslon at the New Voii Btocl

S.

J.

S

H'

TON, TEXAS And
LNITED STATES CENTBNNI.\L COMMISS
ER FROM TEXAS.

$3,499,656 73

7,039 POUCIBS

New ^

FINANCIAL AGENT OF THE CITY OF

holders so elect.

WHAAAM

Chew

sts.,

PKALKR IH

Dividend, available on settlement of next annual premium, to participating policies proportionate to their

YE.\R,

C.

Broad

;

308,138

Divisible Surplus

DURING THE

&

Municipal Bonds a Specialty.

$303,165 00

37,330,3% 44

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

Cor. Wai:

30.166,902 69

479,053 95

1876
APPROPRIATED AS FOLLOWS
1,

cash value of such reversion

niORAN

A.

$1,768,391 28

17,685,587 50

Loans on existing policies (the reserve held by the Company on these
policies amounts to $4,090,586)
Qnarterly and semi-annual premiums on existing policies due subsequent to January 1, 1876
Premiums on existing policies in course of transmission and collection
(estimated reserve on these policies $330,000, indnded In liabilities)

The

C

AprU and October.

Interest

Principal due 1805.

03—

7,154,19105

esute
onds and mortgages (secured by real estate valued at more than
double the amount loaned, buildings thereon insured for $15,717,000, and the policies assigned to the Company as additional

contributions to surplus.

Principal due 1903.

40 trail Street.

value, $7,633,244;

,

Stireet.

960,000 BUFFALO CITY SEVEN PER

361,918 06
87,591

ce.

$60,000 ROCHESTER CITY SEVEN
CENT WATER LOAN BONDS. Interes

133,400 83

180,114

over 40 per

H. REE1>,

January and July.

8,481,696 96

eal

the ondlvlded surpiui of $3,499,056 73 the

for

Thirty years' acquaintance with Chicago aad
references of the highest character.

$1,584,814 83

Cash In Trust Company, in bank, and on hand
Invested in United States, Nevf York City, ani other stocks (market

From

$160,0
band

in

ON

A SSETS.

cent Carlisle net

now

I

FIRST niOBTGAOi: LOAN

$30,166,902 69

Casb Assets January

TO

$2,000

for Applications

30 Nassau
S6,069,(!02 81

Advertising and physician's fees
Taxes, office and lavr expenses, salaries, printing, &c...

Capitalist

AT INVITING RATES OF IHTEBKST.

1S7S

LoaaeB by death
Dividends and returned premiums on canceled policies
Life annuities, matured endowments, and re-insurancea.
Commissions, brokerages, and Agency expenses

SOHii

4c

FIKST-CLASS CHICAGO PROPER'j

1876.

Fremlams and annnitles
Intereet received and accrued

Agents' balances

1.

BOUGUT nT

OF THE

NEW YORK

Oire

1'

of Agencies.

CORNELIUS R. BOGERT, M. D.,) „ ,, „
'Y Medical Examinerg.
GEORGE WILKES, M. D.,
)
CHARLES WRIGHT, M. D., AaaistaBt Medical Examiner.
,

Texas State Bonds.

FOK

SAIiG,

TlrelnlaCoufolldated Bonds.
Vi ginta Deferrtd Stock.
Chlcagro South Park Bonds.
Chicago West Park Bonds.
fi.

T.

RONNKR &

20 Broad

Streeli

CO.,

New

T.

:

xmtk
HUNT'S MERCHANTS' MAGAZINK,
AND COMMERCIAL INTERESTS OF THE UNITED

iEPRESENTING THE INDUSTRIAL
vol.

SA.TURDAY,

22.

FBBKUAKY

CONTENTS.
Advance inOoId

Europe
Bii'^lish

!73

News

173

Commercial Lnd MlscellaneoQB

News

175

THE BAMK£R8' GAZKTTB.
Market, U. 8. Securities,
Railway Stocks, Gold Market,

['iney

Sforek-n Exchange.
City Banks, etc

I

I

New York

Corporation Financea..

ia3

I

18J|

a powerful

is

clique

upward movement and have

180

and

to carry

it

on.

German demand

Breaosiufts

138
189

Dry Goods

activity,

and that

,

Secondly,

for gold
it

who have
capital

is

it

€\)xonxc[t

engineered the

enough
is

to sustain

it

affirmed that the

about to receive a new
shipment

will cause a considerable

of the precious metals from this side.

^\)t

by those

expect that the present advance in gold will be sustained and even exceeded.
For example, it is said that

178
179

TUS COHUSKUIAL TIHSS.
oramerclal JBpltome
otton

Several arguments seem to be relied upon

who

there

(^notations of Stocks and Bonds
Secnrlties
Investment and State, City and

New York Local

176

else-

where.

Latest Monetary and Commercial

uhllcltyand the Treasury Balaoce of Cash
00 Much Government
outjumptioc
of
Cotton
la

NO. 556.

19, 1876.

from the large export movement, which we report

THB CHRONICLB.
'be

STATES.

Thirdly, gold

is

there be any connot very plentiful for delivery, and,
siderable drain for exportation, the supply will be of
course restricted.
Finally, it is contended that the
if

j'auGOMMBRClAL AND FINANCIAL CHBONICLB M IMUSd On botUT'
day morning, with the latest newB up to midnight of Friday.
I

Treasury holds a very much smaller balance of coin than
has been commonly supposed. This doubt as to the real
carrier to dty
state of the Treasury balance has thus become a con(10 8'
6 10
spicuous element in the problem. To prevent the con*

ISBM8 or SUBSCSIFTION-FATABLX IB ADVANCE.
This Cohhercial and Financial Cuboniclb, delivered
ilbscrlbers, and mailed to all others:

by

For One Year (inclndlng postage)

ForSixMonths

I

Subscriptions will be continaed nntU ordered stopped by a written order
]^ at the publication office.
The Publishers cannot be responsible for Remit'inces unless made by Drafl» or Post-Offlce Money Orders.

AdTcrtlsements.
Transient advertisements are

published at 25 cents per line for each
orders are given for five, or more, insertions, a
promise of continnons publication in the best
(lace can be given, as all advertisers must have equal opportunities.
Special
[otices in Banking and Financial column 60 cents per line, each insertion.
Dsertion, but when definite
beral discount is made.

No

liondon

Ofliee.
of the Chbonicls is at No. 5 Anstin Friars, Old Broad

The London office
treet, where subscriptions aie ta'.ien at the following rates
Annnal Subscription to the Chronicle (inclndlng postage)
fiS ts.
Six months^ subscription
1
3b.
flLlUll B. DANA,
WILLIAM B. DANA & OO., Fnbllsbers,
j>BK 0. TlOYD, JR. (
79 and 81 William Street,
YORK.

I

I

I

Post

NSW

Omoi

Box

4 59*.

tinuance of this evil and of others of a more permanent

has been frequently urged in our columns
that the Treasury balances should be hereafter reported
This argument is elsewhere
in more complete detail
character,

it

discussed at some length in connection with Mr. Hewitt's
resolution.

As the reply of the Secretary was not very complete,
and as the public mind was considerably excited on the
subject, a second resolution was offered in the House of
Representatives, on Wednesday, by Mr. Sayler of Ohio^

upon the Secretary of the Treasury to report
within ten days the actual amount of gold owned by the
—
Government, available for the resumption of specie payments, after deducting the amount of gold certificates
on Government
among now outstanding, the accrued interest
bonds, and bonds called for the Sinking Fund. Abundant complaints have been made of this resolution, which
calling

CV A

neat file-cover is famished at 50 cents ; postage on the same is 16
.'nts.
Volumes bonnd for subscribers )|t $1 50.
0r* A complete set of the CommercAl and Financial Chroniols July
iti5, to date
is for sale at the office.
Also one set of Hunt's Mxboh ants
jiAeAnHK, 1839 to 1871, sixty-three volumes.

—

,

B^ The

Business Department of the Chroniclb Is represented
New York City by Mr. Fred. W. Jones.

iuanclal Interests in

TAB ADTANCB
I

IN GOLD.

Two questions have claimed attention for some time past,

'he first concerns the

has been ascribed to the persuasions of the gold sperudo not, however, find any decided conlators.

We

It is true that many aie
balance of gold is
Treasury
the
loudly declaring that

movements of the loan market, on firmation

'hich the opinions of financial

men have

differed some-

of this

charge.

apprehensions quite insufficient to pay all the maturing demands, and
money mar- that Mr. Bristow will have to go into the gold market
et are not to be realized, the public attention has turned before long to buy coin to meet the specie disbursements
way from this side of the financial future; and a second of the Treasury. But there is nothing new in this alle-

'hat.

rhich

As circumstances indicate
may have been entertained of

that

a close

3pic of interest has been found in the Gold Room.
For gation, for many unfounded similar rumors have been in
Jme time past rumors have been in circulation that a circulation for some time past.
86 in the gold premium would inevitably take place
Such are the chief reasons which are relied upon as
efore long
and various reasons were offered in support likely to stimulate a rise in gold. On the other side it is
;

But the public refused to give much affirmed that the Treasury, though not so amply supplied
and gold has thus far remained with coin as might be wished, has abundant resources to
^tremely steady.
Within a few days they have been meet all probable demands upon it. t'or example, the gold
viveU with new force, and they derive some support in the Treasury is reported »t 65 millions.
The maturf

this opinion.

eed to these predictions;

;

no

:

IHE CHRONICLE

3>fr

-«nP •P^fFebraary

19, 187(,

ing Treasury obligations on acconnt of called bonds, amount of silver. This accumulation, with other ciro.
as
we lately estimated, are all provided for, stances, has led to a general demand that fuller infor
except, perhaps, about two millions.
IlencB there tion should be published periodically as to the constilui
is
nothing
Treasury to pay out
for
the
of ot the cash balance, so that the people might know
its
gold balance on
hand but the outstanding much of it is in gold, how much is in silver, and
gold certificates and the accrued interest on the public much is in greenbacks. "We have frequently den
debt.
The first of these two items was 26 millions on strated the necessity and usefulness of such a de
the 1st Februai-y, and the second 20 millions.
But report, and on the 31st of January a resoluti^
1

1

neither of these amounts

is

likely to

be called for except passed in the House of Representatives,
complete statement.

Indeed, by the law of 3d March,
allowed to issue gold certificates to

after considerable delay.

1863, the Secretary

is

the extent of

per cent beyond his gold balance.

25

Moreover, that ofiicer has authority to i^isne five per cent
bonds under the resumption act of 1875 if any unforeseen necessity should arise to force him to resort to this
irregular procedure. The expedient has been sug'gested
in many quarters that Mr. Bristow should avail himself
of his powers under this provision of the law; that he
should

a considerable

sell

sum

of the

new

gold

fives for

and that he should in this way replenish his coin balance;
if needful with a view to the resumption of specie payments. The report of Mr. Bristow on these important
topics will be looked for with so much general interest
that it is hoped he will give such additional statements
in his monthly schedules of the public debt as will
render misapprehension more difficult, and will exhibit
in

the true state of

detail

Treasury

—both

in

the cash balance of the
greenbacks and fractional currency,

In compliance with this resolution, the Secretary
the Treasury sent, on the 10th of February, a docum

which reports the aggregate of cash in the Treas.
and at the several mints at $190,778,043. Of this
about 55 millions was in gold and 77 millions in gn
backs. Against the gold, however, there Were outstan<
gold certificates in the hands of the public, and agr
the greenbacks there were certificates of deposit isi
under sections 5,193 and 6,194 of the revised stati
i

The amount
greenback

its

reasons

we need

not

here

recapitulate,

the

people

generally do not expect any legislation on this Subject.
Hence, in the absence of any expansion and with the
forces of contraction in full operation as at present, the

deduction

is

made

that the gold

premium ought rather

to recede than to advance.

In addition to the foregoing arguments, there are a
number of minor reasons advanced on either side. In
the presence of such a complicated series of forces, it is
not easy to compute their final result. Hence there is

room

present form.
It gives

interest.

Still

official

the document

is

.statcmei

of consider

fl

the following figures

DETAILS or CASH IN THE CNITED STATES TBEASURT JANUARY SSiflB
1.

Minor coins

3.

Fractional currency

3.

National bank notes
.
Legal tender notes held on special deposit for the payment
of certiflcites of deposit issued under sections 5,193 and
5,194 of the Revised Statutes, and for the redemption of
notes of the national banks failed and in liquidation, and
for reducing the circulation
other legal tender notes

to stop this diminution of the outstanding currency are

For

certificates

Treasury does not appear from the

4.

'not generally regarded as likely to prove successful.

of neither the gold certificates nor of

is
reported; so that the
balance of gold or of greenbacks belonging to

bank notes and in coin.
A second argument against the continued advance of
gold is founded upon the contraction of the volume of
the greenbacks and of the national bank notes. The determined efforts making in Congress by the inflationists
in national

calling

5.

$74,

6,123,

^Hj
^Bl
6(i,*50.
17,*iOS,

41,H69,

7.

Gold coin
Gold bullion

8.

Silvercoin

11,502.

9. Silver bullion

4,146,

6.

10,-'54.

13.

Gold notes and cerllflcates
Coupons
Called bonds and interest thereon
Checks, funded loan of 1881

14.

Registered interest

15.

16.

Exchange drafts
One and two years' notes

17.

Redeemed

10.

11.
12.

8,rS7,
7,037,

t

11,311,
63,

mi.
350,
'

6,

certificates

70,

Vouchers, Speaker's certificates
Metal fund, in Mint currency
20. Unavailable
IS.

156,

19.

60.

916.

Total

The

$l'J0,r7f,

first

inference suggested Vjy this table

is

tt

similar statement in full detail should be issued e

And the
mischievous agitation which this uncertainty causes in month as an essential part of the monthly schedu
the business of the country offers us new illustrations of the public debt. One objection which has been
for the widest

diversity of opinion.

the evils of our paper currency, and new inducements to quently put forward when this proposition has
reform those evils as soon as we safely can.
urged is that the cash in the Treasury cannot be ana
cally reported without the aggregates of the banl
PUBLICITY AND THE TREASURY BALANCE OP CASH.
positories. But this difficulty is surmounted in the a
Some of the most important administrative reforms in report, and there is no reason why it should stand in
modern governments, during the present century, have way of a monthly statement. There are two ob>
been achieved as the result of publicity. Ever since the methods of overcoming the difficulty. Either the
foundation of the Government of the United States, this depositories could be left out of the account, and
wholesome principle has been applied to all its trans- balance could be struck without them, and the defici'
1

and especially to those of the Treasury. It is
impossible to overrate, in a popular government like
ours, the value of the expedient of publicity; and since

could

the Independent Treasury was established, some thirty
years ago, a full and frequent publication of the cash
balances in the Treasury vaults has been exacted by
law.
After our paper currency system was created,

from t
banks prior to the date of the document was the
January. The figures of that day are given as $10,
611.
Either of these methods is sufficientlj acci
for the pui-poses in view, and probably that adorte
Mr. Bristow is the best. Adding these 10 miliioi
the 190 millions above reported, we have {i tot
$200,918,654, of which sum, as we have said, 5.5 mill

actions,

the cash in the Treasury was ordered to be so reported
that the gold and silver coin should be distinguished

bte

supplied in a supplementary statement dev

exclusively to the

bank depositories and

their balai

or the same plan could be adopted which

statement before

from the greenback balance. Since the Resumption
act was passed, in ISYS, Mr. Bristow has accumulated,
under th« authority given ia that statute, a considerable or a

little

us.

The

latest

more than one-fourth,

is

reports

in gold.

is

seen

it

February

The next
mation

it

1875,

i)oint

THE CHRONICLE

li.6j

of interest in this scliediile

infor-

is tlie

Kuppiics as to Mr. liristow's transactions in

purchase of

H,

19,

lie

silver,

is

directed

"to cause to be coined

by the law of January
at the

denominations of

mints, silver coins of

t)ie

United
10,

cated by the Syndicate transactions,
reported to have been fully closed u\k

all

of which are

Stnte.f

25 and

.50

TOO MFirn CnVBINMEKT.

and to issue thcin in redemption
of an equal number and amount of fractional currency.
cents, of standard value,

And

171

to enable the Secretary of the Treasury to prepare

and to provide for the redemption in this act authorized
or required, he is authorized to use any surplus revenues,
from time to time in the Treasury, not otherwise appropriated, and to issue, sell, and dispose of, at not less
tlian par in coin, either of the description of bonds of the
United States described in the act of Congress approved

On Thursday, Mr. Howe,

of Wisconsin, presented a

petition to the Senate of the

United States, purported to
bo signed by citizens of Wisconsin, asking the passage of
a law requiring the Treasurer to pay to every man,

woman and

child residing in the country, without dison account of race, color or previous condition
of servitude, the sum of llO a week ; such sum to be
paid every Saturday night at the Postoffico nearest the
.Inly U, 1870, entitled 'An act to authorize the refund- residence of such person.
This little piece of pleasantry
ing of the National debt,' with like qualities, privileges would be quite amusing, if it were not that it reflects so
and exemptions to the extent necessary to carry this act truly the attitude of our people at the present
into effect,

tinction

and to use the proceeds thereof for the pur- time,

we may

men those
Public profession
the law, Mr. Kristow has accumulated fifteen mil- is certainly for retrenchment. Apparently, every one
lions of silver, of which eleven millions arc coin. wishes
earnestly wishes, reduced taxation.
Tlic press
To raise the funds necessary for this purchase, he has everywhere are daily holding up the outgoes for 1860
issued of the new fives 115,215,500. In other words, he has as our highest aim.
Those tables look well, and it
increased the funded debt by 15 millions for the sake of sounds well to come back among the small figures after
poses aforesaid."

In obedience to this recpiirement of

who

if

talk

the

allow

loudest

as

and

representative

most.

—

among

accumulating 15 millions of

revelling

nication to Congress,

seems to be a "kind of necesnity about it. Everyone's
income is shortened; business is unprofitable; enforced

silver.
In another commuMr. Bristow says that the proceeds
of these 15 millions of bonds have sufficed, not only to
pay for the silver which he has bought, but that there is a

the higher ones so long.

Besides, there

idleness is extending ; in a word, nine-tenths of the
This residue has been applied to people feel pinched, and retrenchment comes as a necthe retirement of legal tenders, as provided by the specie essity.
Resumption act. This last statement explains the reason
But notwithstanding these facts and i)rofes8ions, there
why the monthly decrease of the debt docs not always is, apparently, a universal desire to obtain Government

balance remaining.

keep pace with the retirement of legal tenders.
The law funds directly, or by indirection through Government
allows the Secretary to issue bonds at 4 or 5 per cent, work or an extension of Government powers.
In other
for the purpose of withdrawing greenbacks as well as of words, we profess economy, but are desiring prodigality.
purchasing silver. Mr. IJristow thus confirms what we Only see how this spirit is manifesting itself in that most

have more than once pointed out. As to the effects of
the law of January, 1875, discretionary powers are given
to the Secretary, which have never, since the war, been
confided to any oflicer of our Government, and which
find no precedent in the history of this country.

Thirdly, we see suggested in the foregoing report tha
method by which the Syndicate and the Treasury have
transacted their vast payments without disturbing the
iBoney market. The items numbered 1 1 and 1 2 are peculiarly instructive.

They

represent the sura of eighteen

objectionable of

all

and authority upon
have,

if

For

officials.

the wishes of these

new bureaus

new duties
we are to
gratified, two

forms, the conferring of

men

instances,

are

Washington; perhaps more, but only
two at present are " favorably mentioned." The popular feeling hitherto has been that there was already
more government there than desirable; certainly more
than we wanted to pay for. Besides, if there is to be
any considerable permanent decrease in expenses, it
must come mainly, not by multiplying, bnt by cutting
out some of the wheels which have been added to our
official machinery since 1860.
Lowering the pay for
in

which had been paid into the Treasury
without the use of a dollar in coin. These payments
have been made by the Syndicate in two ways
individual services is not the high road to retrenchment.
by
coupons bought up for the most part in Europe, and by Salaries may, and, in some departments,certainly will admit
called bonds purchased in this country and abroad.
In of pruning; and, in this connection, as a query or possible
the recent sensitive state of the gold market in Europe illustration, we would like to know why " compensation
and here, the foreign exchanges might have been very to Postmasters" reached in 1875 $7,049,935, against
much disturbed if the heavy transactions of the Syndi- $5,818,472 in 1874, and $5,725,468 in 1873, while
cate had been carried on altogether by gold coin passing to at the same time clerk hire for Postmasters increased
and from the Treasury. When the history of the Syn in a similar Ir'atib.'
But, although there is hern
dicate and its operations comes to be written, we shall and in the whole field of individual salaries, subject
see more of the judicious expedients by which tlie dis- for scrutiny, yet there can be
no sufficient remturbance of the foreign exchanges, formerly so much edy for present onerous expenditures, except by bringcomplained of, has been of late avoided.
ing the Government back, so far as our changed circumIt is to be regretted that the House of Representatives stances will admit, to its ante-war simplicity.
And yet,
millions in gold

—

has not called for

notwittistanding this evident truth, there

at such

evident effort being

its statements of the cash in the Treasury
a time and in such a form as that the details
should correspond with those of the monthly debt statement. At the close of this month this defect may be

obviated, and another statement required

March.
that
also

There would be this advantage

up to

1st

tion.

For

instance,

many

is

an equally

made by many in the opposite
we are told that now we are

direc-

erect-

would be highly approof priate and proper to have a Bureau of Architecture;

in such a report

ing so

public buildings,

that the extra expense

is

only

it

trifling, as

we

already sap-

would create a valuable precedent.
It would port
a Supervisor of Architecture; so a bill is
be more simple in form, as it would not be compli- introduced for the purpose. Does not onr true
it

.

THE OHTtONICLE

172

iFebruaiy 19,

JP

18'

instead of such additional burden, what is true of New York, is true of every other place.
hear it said that the South is asking for more than
bnilding mania should be at once checked,
doubt it. Besides, if the Govand our " Architect" receive an honorable discharge ? her share this year.
ernment
become
a general benefactor or an
not
is
going
to
would
But truly, say these same economists, you

interest

dictate,

We

that this

We

object to raising the head of our Agricu'tural Bureau to

almoner,

how much

better

it is

to build a Pacific Rail-

and making a separate road through the South and repair her broken down
Department of Agriculture, " for the Grangers demand levees, than to spend many millions more than necessary
it."
Perhaps we never appreciated the present Bureau, on a Post Office or Cust»m House building, dead
the dignity of a Cabinet

officer,

it seems to us that a less wise thought than the pro- property, generally only required for electing Congressposed promotion and enlargement has not lately been
But we are glad to see that there are members
suggested.
If the policy of the Bureau's existence were
Congress
who have decided opinions upon these subjects,
at issue, we should certainly question it, for we cannot
and
are
determined
to scrutinize every item of expense.
see that its duties are included within the objects for
Though
these
claims
have been poured in by thousands,
is
which our General Government exists. Then there

but

I

made but little progress. More are
coming, and, as the session advances, they will be supported by powerful lobbies. Economy will be opposed
by fair means and foul, by argumeat, by entreaty, and
thus far they have

Bureau, which is to have enlarged
powers and so we might go on and mention almost
every department as about to assume new duties, if the
desires of these men could be realized.
Why should
also the Educational
;

they not carry out this idea to its legitimate conclusion, by ridicule. Still we trust that the necessity of the
and extend Government Bureaus so as to have every country for reduced taxation will be kept in view and
It is a great pity that our
large interest represented. Then, when legislation was the required relief secured.

Government expenses could not be provided for by direct
and then each individual would know what
sentatives at hand to advise
or, in case the advice was
"
"
burdens
is carrying.
he
not taken, to act as head lobbyist and
regulate
such
legislation.
The railroad men, for instance, should cerCONSUMPTION OF COTTON IN EUROPE.
tainly have some standing at Court if the Grangers are
tfF
It is fitting, at this season of the year, to look a littH
proposed, the interest affected would have their repre-

taxation,

;

to organize a department.

And

then there

is

the great

into the past for help to forecast the future of the cotton

body of merchants entirely unrepresented, being damtrade. We have just produced a large crop and are about
aged constantly by inconsiderate laws. Or, take simply
making our preparations for another planting. What
the dry goods interest (an immense trade, if we include
are we to expect, and how much of our "cotton can the
manufacturers, agents, jobbers and retailers) why
world use, are, therefore, vital questions. The consumpshould it not be equally well provided for and have a
tion and production of previous seasons go far towards

—

representative in the Cabinet

?

To be

sure, this style of

furnishing an answer.

government would not suit our old, simple ideas of reIn the CuKONicLE, a year ago (February 27th, pages
publicanism and to advocate it, while at the same time
198, 199), we estimated the available supply and con^
calling for economy, is not only inconsistent but
of cotton in Europe for 1875 as follows:
fl
hypocritical.
And yet it would have its advantages, as sumption Supply.
rv,.,«,?»^
Balex.
Poundi,
we have seen. So let us then definitely adopt one or Stock in Earopean ports Jan. 1, S75
4!«.500,COO
,084,000
350.000
97,600,000
Stock held by epinners available for coDenmpUon.
the other course
either give up all idea, all pretense of
Probable import, all eorta
2,128,000,000
economy, and extend the sceptre over every interest, or
Estimated eapply
6,854,000
2,648,000,000
else stop at once this'expanding propensity, and endeavor
Estimated consumption
5,S03,000
2,130,000,000
honestly to decrease expenses by reducing our Govern- Probable excess to be beld in ports and by spinners
;

;

'

1

1

t

.

;

ment, as occasion

But

this

is

may

permit, to

its

simplest form.

not the only shape in which the disposition

to act, appears with

many

to be in direct opposition to

Dec.81,1875

518,000,000

1,851,000

We have now received the Annual Review
ton Trade for 1875, prepared by Mr.
Liverpool, whose statist

of the Cot-

Thomas

Ellison, of

accuracy is well established.
the profession to economize. Applications and claims
Its figures for the year, laken in connection with their
flow into Congress and find advocates daily for every
conceivable object.
Of course there is much to recom- report of October 1, 1875 (the close of the cotton season),
mend many of them, if our Government was really an are so complete that we reprint the principal items beeleemosynary institution. That the belief it is, has gained low and the larger part of their present circular in our
cotton report. From this Review we find the following
currency during late years is no surprise.
have been
of supply, consumption, and stock of cotton for
lavishing money upon every Congressional district, until figures
1875
in
all Europe:
now almost any wish in a community is thought to be
l-ial

We

reason enough

for

appropriating

the

desired

funds.

No

wonder, therefore, that the Grangers should think
they were entitled to a department to tell them what
kind of manures to use, and then to furnish them the seed.

Even here

in

New York

there are

cants and worthy objects.

many hungry

appli-

We

only want a million to
complete the Post Office building; from one to eight

millions for a

new Custom House one

;
or two millions
for quarters to store quarantined goods; three millions
for enlarging Spuyten Duyvil Creek, making it suitable

for the passage of large vessels; one million for another

Supply
Stock in ports Jan. 1,1875
Stock held by spinners Great Britain.
"
"
•Continent

—

. .

Imports— Great Britain
Continent

Bala.

Pounds.

1,084,000

422.500,000

250,000

97,600,000

125,000

12o,0003,001,820

2,523,460—

Total supply

6,625,880

3,184,075,000

6.859,230

2,702,075,000

3,513,620

2,158,718,000

1,345,660

543,Jf7,000

Acttial consumption.

Great Britain
Continent....

3,115,120

2,898,500—

Stock held by spinners and in ports Dec.
31,1876
• In their

Review

for Jan., 1S75, Messrs. Ellison

& Co.

said the spinners of

the Continent then held 110,000 bales more than the year before.

The Review does not distinguish between the deliverrevenue dock; one million for improving the channel of ies of cotton to the trade and the actual consumption on
the upper Hudson; in fact, a million each for almost the Continent, while carefully showing the identity of
every public work begun or in embryo, except the the two in England where the stock held by spinners is
Brooklyn Bridge, which seems to have no friends. And the same at the end as at the beginning of the year. But

:

Februaryll
in their

',

:

.

TITE CHRONICLE)

l&TG.J

&

October report, Messrs. Ellison

Co. gave the

results of an accurate inquiry into the proportions of de-

173

prevent it beioc lo but a want of cotton. If, therefore, tUa
supply is cut short, as at present anticipated, and as a redaction
to

the Btockj held by spinncrH and at

the portn
Kurope to
consumption on the Continent for a series of
U70 000 bales would be impossible, then the consumption murt
years, and we adopt the rate of actual consumption be chocked, and the qnestion ariani what price will cb«ck eooAll the other figures are from sumption — will it bo »d. or lOd. for middling American cotton ?
for 1875 as then given.
We now invite comparison of our esti- In 1871-72, when w« last experienced a short Bupply, American
Ellison & Co.
cotton rose from 7Sd. in July, 1871, to OJd. in February, 1872, and
mates made a year ago (February 27, 187ii), with the
in

of

all

liveries to

to tl{d. afterwards, Tthen

actual thus reported

»•
'
"• - '
" diroiiMe"
P»(
bales.

lotport

"

Totel supply
Oonsamptiiin

Slock— ports and

npiiinors'

6.6»),ono

5,ws,9%

ft.854.000

6,S;7,iM0

"

5,503, OCKi

0,513,6a0

"

1.«I,010

1,315,660

rection.

doubt if estimates of .such magnitude, made a year
in advance, were ever before so closely sustained by the
actual results; and we call attention to this comparison,
not to parade our own sagacity (for we know full well
the liability of the most careful and best informed to err
in estimates), but because we have been bitterly assailed
for several years by the newspapers at Liverpool, editorially and by their contributors, for our articles on European consumption. One of them attacked the very article of February 27, 1875, in terras which look so peculiar
reproduced at the present time that we give the criticism
below:

cottnu, as

we

liad

to
its

allude ajjain to the

previously pointed out

its

New

regards

publications aa

The

inaccuracies.

was

fatly

Estimates are only matters of opinion, always open
when erroneous, sure of ultimate cor-

to objection, and,

Wc

"We would have preferred not
York Financial Cuuonicle aud

the short American crop

realised."

Aelnal.

ou Tuesday by oue of our conteraporarieii
of an extract from that paper, and dated New York, February 27,
compels us, in justice to those who may hi misled by its serious
blunders, to refer once more to it; for, if anything were wanting
to prove the existence of that of which we are daily reminded,
viz., the existence of a powerful "bear ring" of cotton speculators in New York, it is the productions and publicationa of
such a periodical as tho New York Financial CiinosiCLE. * *
"The extract from the New York Financial Chroniclk of
the 2Tth of February last, alluded to above, is as follows :"
publicatiOD, however,

But

of facts,

statistics

either right or wrong.

been most obnoxious and the
since 1871-72.

or present,

p.ast

are

Tlie C!uko.M(.le's statistics have
cliief

objects of assault

We

And now how do we

stand?
are
not required to abandon or change our method or any of
the results obtained during these years, our consecutive
articles

being finally sustained and confirmed by the best
authority on the Cotton Trade in England,

statistical

whose conclusions are accepted by the Cotton Broker's

The divergence

Association of Liverpool as correct.

from our line of statistics, begun in 1871-72, is ended,
and the two lines have become essentially one again.
The ignorant presumption of the critic, whom we have
quoted, upon our article of February 27, 1875, is
sufficiently rebuked by the facts which so wonderfully
correspond to our expectation. The supply of cotton
was not "cut short;" the stock of cotton held by
spinners was increased and not diminished; consumption
was not checked by high prices, which did not go to
lOd. nor 9d., but only to 6|^d. for Mid. Uplands at the
end of the year.
But the main interest these figures possess is as a

As

guide to the future.

past consumption seems

above, the question of

.stated

now

be settled

in onr favor.
Here follows the extract, the substantial items of which We therefore reproduce our statement of spinning
we have given above after which the writer proceeds
spindles of 1875, and .add to them those of Messrs.

to

;

"It

often asserted, and with truth, that 'figures

is

maybe

prove anything,' and more especially when they are
arranged to arrive at a certain result which the writer desires.

made

to

This has too often been the policy

Chronicle

in tho past,

Co. for this year, being substantially in accord

— fSpinning SplnillM.-,

pursuedby the Financial
*

*

*

s

»

«

their figures if this season's supply to Europe,

»

we

to be now wrong 300,000 in their American
and about 300,000 in that of Brazil, Egyptian, East
India, &c.
In giving 2,800,000 *American as the supply to
Europe, they place it the same as that received from the last
crop of 4,170,000 bales and they also estimite an equal supply
from other countries ; whereas all reliable information here
points to 7.'>,000 less Egyptian, 75,000 less Brazil, and from 100,000
to 150,000 less from India than last year being received this
season in Europe.
" A blunder in the supply of some 600,000 bales is thus

Chronicle

find the

&

estimate,

CoMumplion for

,

Lbs.

and which has been frequently exposed

!» the press of this town.

"In giving

Ellison

with our own returns:

Oreit Britain.
Continent
Total

1816.

,

per

splnOle.

Iht. poinds.

39.132.000

38X

1,275,000.000

i>.22S,000

20,800.000

45)^

945,000,000

«,448,C00

58,522,000

....

2,220.000,000

5,676,000

1875.

1376.

36.500,000
1»,300,000

66.0:0.000

Tol.baltn.

not our purpose at this time to enter npon the
question of supply. The foregoing would appear to be
It is

the present spinning capacity of Europe.

;

***»*»

-•
*
*
*
apparent.
" It ia always better to make the data of cotton statistics the

October to the 30th of September, for then all the crops
have been dealt with. This is done by Ott Triimpler and other
authorities.
To enable our readers to judge this last production

tatest fUoiietarg an& (ttoinmerctal (Snglisl) iSciuj

RATES OP 8KOHANGB AT LOIVDON. AND ON LONbON

AT IiATBST DATES.

BXCHANGK AT LONDOU—
FBBHUART 4.

EXCHANGE ON LONDON.
LATEST
DATE,

1st of

of the

Financial Chkonicle

correctly,

we

place

it

alongside

and consumption of
endorsed by well-informed

present current estimates here of the supply

Europe for this year, and which

we find

authorities
Present
esttmate-i
current kerf.

Stock. Ut Oct., 1874, at ports sf
spinners

1,488,000
2,500.000
8,391,000

East India and other kinds

Stock, 1st Oct.,

esttmatea.

Europe and held ky

Imports— American
Total supply
Probable cousumption of Europe

" Financial
Chronicle"

same as

last year

6,879,000
5,700,000

1,334,000
•i,80O,C00
?,72O,0flO

6,854,000
6.50.1,000

1,361,000
and with spinners In Europe 67:>,000
" In placing the above figures against the estimate of that of
the New York Financial Chuonicle, we assume the consump'75,

at ports

Amsterdam... 3 months.
Antwerp

Samburg
Paris
Paris

short.

3

ail.75
20.59 320.63
20.59 S20.63
30«@.30J<
48wia<8

Berlin

frankfort ....
St. Petersburg
Oadii
90 days.
52»^2
Lisbon. ...
3 months. 27.65 S27.75
Milan
27.65 ©27.75
Qonoa

.

Rio de Janeiro
Bahia
Baenos Ayres..

Pemambnco

same as

last year,

because

we

....

short.
I

3mo8.

1

I

Feb.

14.30
20.39
20.39

4.

short.
{

•

1

7-M

,

I

....

i

3mos.
Feb.

5.

'80

Jan.

8.

todays.

48.es
4.88

days.

4)

d4»lt

43jr®43«

.

2£ontevideo...

Bombay

60 days.

Cslcatta

Singapore..
Alexandria....

to be the

12.05
2S.IS
20.15
25.14

short.

Smos.

Jan. 1.
Dec. IS.

Valparaiso

Hong Kong...
Shanghai

Europe

4.

I

@"li

Madrid

New York

Feb.
I

2T.B5- ©27.75
47

Xanles....

see nothing

*

ai2.3X

11.70

According to Ellison & Co. the actual import of American was 8,336,580,
and from " other countries " 2,688,750 bales, even the latter exceeding onr
estii^to in pounds.

tion of

months.

Vienna

12.3

»5..«>tf@S5.4S>f
20.59 ^20.63
25.10 ©25.25
25..37^a-:5.45

Is.
IS.

83<(*.®«<i

Feb. 8

8S(d.07<d.

Jan.
Jan.
Jan.

3«.

it.

K\d.
id.

Ii.

U.

Vi\<l.

4*.

Dec.' 29.

Feb.

«.

9ii<t.

9 &-16J.

4». 0>,-d.
5>. 7d.

Penang
.

U.

6m»s.

29.
20.
20.

Smoa.

OHd.&s<t.

:

.

:

:

.

The CHUONICLE

174
[.From oar

own

easy, the best bills being negotiated at 3f per cent.

discount,

of

quotation being

.

.

The

For the principal foreign stocks, however, there
has been a steady demand at improving prices. United State
descriptions have been in request for investment, and are highe
in price, while French and Italian bonds have also attracted atteni
Spanish are higher, owing to the success which has lately!
tion.
attended the Royalist forces, and Egyptian have been dailj
advancing in price. The Turkish market, however, has beenl
The first mort-^
dull, with very little business in progress in it.
gage bonds of he principal American railroad companies have been

|

4 luoniiis'

4
I

3«@.

bank

6

months' bank

4

and

bills

.^K®...

bills
.3Ji®...
6 monthii' trade bills. 4 @4>^

moderate demand for investment, and the variations in prices
have been mostly favorable.
The trade for wheat has continued in a very inactive state, but
there has been no material variation in prices. The arrivals of
home-grown produce have somewhat increased, but both quality
and condition are very poor. Hence, the better qualities of
foreign produce attract some attention and are steady in value
but no upward movement is perceptible. The weather has been
in

3>ia

The rates of interest allowed by the Joint-siocK banks and
discount housefl for deposits are as follows
Per cent.
Joint-stock banks
V^a."
call
hoases
at
Discount
n^'"
:

©•
&...

J
a

Discount hoases with 7 days' notice
Discount hoases with 14 days' notice

;

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

very mild, and there are apprehensions, not only that vegetation
will make premature growth, but that we shall have an unpro"

the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40'a Mule twist fair second quality.
and the Bankers' Clearing House return, compared with the
previous four years

1874.

1875.

1876.

£

£

£

£

25.666.325
11,773,5 .'6

26,396,375
6.081,109
17,709,893
13,897,455
16,981,323

46,728,816
4,320,731
18,281,250

27,504,180
5.126,«10
18,402.786
13,887.374
17,708,170

13,995,441

n,718,6J4
Other securities
Reserve of notes and
14,177,199
coin
Coin and bullion In
- both departments.... 24,180,249
8p. c.
Bank-rate
..
Oonsols
91Ji
568.01.
Knglishwheat
Mld.tTplandcotton .. 10 3-164.
No.40 mule yarn fair id

17.474,.56«

13,287,683
!9.324,896

• Prices

13,.^69.397

17,352,232

15,066,828

11,293,259

9,849,520

10,169,471

25..381,063

2-2„30.3,189

51,220,025

22,355,451
4 p, c.

3X

3Xp.

P- c.

9iii
563. 8d.
lOi.

3 p. c.
92 Ji

c.

92

much below

»65id.

offers

minimum

were declined.

I

fixed

mentioned

by the India Council, that the
last

week

Oats
Peas
Beans

4.506,329
710,069
1,624.364
3,778,785
2,844,389

that tach

fall

cwi.

Wheat

U.

S7.

the

4,751,-249

of a

l-16th causes a loss of .£2,000 to the Indian Government on the
total of £700,000, and it seems probable that the Government will

any material improvement upon that price will take
place for some time to come. There are ample supplies in the
The demand for India, China and Spain is now
market.
restricted, and is insufficient to take them quickly off the market;
but it is not improbable that in the event of the Indian Government
ceasing to draw bills on India, there would be more inquiry for
silver as a

if

means

The following

of remittance.

are the rates of discount at leading cities abroad

Bank

Bank Open
market,
per cent, per cent.

rate,

rate,

Parle

4

3«

Amsterdam

S

3

Oats
Peas
BeanB
Indian Corn
Floor

-

Berlin

4

2J<@3
2Ji@3

Frankfort
ViennaandTrieste..,.
Madrid, Cadiz and Barcelona
Lisbon and Oporto ...
St. Petersburg

4

Hamburg
4>i'

6

Rome

K
5

Leipzig

a%®3 Genoa

5

Geneva
New York

4

the quotations

5,318,7)2
3,299,766

6,')3,640
1,1 23,-387

10,186,898
3,0:«i,76»

..

116,0,'>8

1.458,417
49,403
56,161
7,517

141,697
146,677
51,020
10,946
1,048
32,731
61,683

5,S80.

26,786
4,011

732

f41
76,969
c2.169

13
11.1

1

week ending January 99th sho
wheat in the 130 principal markets
England and Wales amounted to 53,325 quarters. In the previon
week they were 40,536 quarters, and in the corresponding week
The

official

return for the

Since harvest the sales in the 150

of last year 54,.521 quarters.

have been 1,034,438 quarters, against 1,353,932
the corresponding period of 1874-5. In the whole
is computed that the sales during the week were

principal markets

quarters in

against 318,100 quarters

;

and, since harv.

been 4,097,750 quarters, against 5,415,700 quarters
1874-5. The following is an estimate of the quantities of wh
and flour placed upon the British markets since harvest:

they

ha-,-e

1874-5.

1S75-6.

cwt.

24,370,600

19,663,151
2,634,505
21,873,820

44,488,724

44,221,476

8,299,7.36

.4ii001,723

ii

'

1873-4.

cwt.
16,818,368

cwt.

Imports of wheat since harvest.... 26.717,349
2,844,389
Imports of flour since harvest
18,439.984
Sales of Enalish wheat

Deduct exports of wheat and Hour.
Result

106,009

173,382

4><

3H

..

1.540,613

..47,895,713

44,313,342

42,680,863

Average price of English wheat for
:7
theseason

458. Od.

628. Od.

Thedally closing quotations in the markets of London and Liver,
week have been reported by cable, as sh^wn in

pool for the past

Calcutta
.

47b. Od.

EasllaU MarKet Keporw— Per Cable.

3>i

the supply being considerably in excess of the demand.
The value
Prices have in consequence declined Jd. per ounce.
Annexed are
.ot Hexieaa dollars has had a downward tendency.
dall,

380,563
2,294,112
7,003,501
S.68J,505

1,033.6:10

that the sales of English

4Jtf

5X@7
.

4,019,487
8T7,862

market

Copenhagen
6
"e"
3K
5« 5X®6>i Constantinople...
There has been a moderate demand for gold for export, and ^
few parcels are understood to have been purchased on account of
.the German Mint. Imports and exports appear, however, to
diave been nearly equally balanced. Silver has continued very
4

-

Total

3X

and

187S-3.
22,633,661
8.116,570
4,321,443

;

Open

per cent, per cent.
Brussels
Turin, Florence

1873-4.
10,603,151
3.836,027
3,912,269

98,018
10,678
16,022
10,277
1,754
14.308
9.391

Barley

make no more offers until the sales can be effected with a profit. kingdom it
The price of bar silver is now only 5if d. per ounce, and it seems to 209,300 quarters,
be doubtful

1874-5.
!6,816,.36S
7,381,-263

BXP0KT8.

A prominent feature in financial circles during the current
week has been the decision of the Indian Government to make
no allotment of bills on India. It was formally notified that the
usual amount of £700,000 would be offered, but the tenders were
so

cwt. 28.717,349

Barley

Flonr

*l8. Od.
Is, Od,
Id.
re'turo 112,038,000 149,"3i2,0flb 136,358,000 149.600,000 125.440,000

January

187.'S-6.

Wheat

IndianCom

94>^d.

7Kd.

7Kd.

:

44s. -ii.

43b. Od.

633. 9d.

18. 3d.

House

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

is;3.

187S.

Clrcnlation, Incladtng
£
bank post bills
25.404,791
Public deposits
7,421.083
20,121.789
Other deposits

Caea?ing

pitious Spring.

:

Government secarities.

..
...

...

shareholders.

ply, as there are not yet even indications of improving trade. The
rates for money are now as under :
Per cent
rercent. Open-market ratns
rate

a
&

...

In the stock markets during the week there has been a greai
want of circulation, and the tone has been rather dull. Britisl
railway shares are mostly lower in value, the dividends recentlj
declnred having disappointed speculators, and, to some extentJ

proportion of reserve
in the total reserve, ihe result being that the
is now about 42^
cent,
per
week
last
was
which
43i
to liabilities
per cent. Complaints still exist of the great scarcity of bills, and
there is very little likelihood of any material increase iu the sup.

Open-market rates
bills
aOandeOdiys'
-7'
3 months' bills

d.

d.

per oz. standard.
per o?. siandard. 55 3-16®
peroz. ....
la
Mexican Dollars
peroz. none here., ,,
Spanish Dollars (Caroms)
...peroz.
•,
B^ve Franc Pieces
Qnicksllver, £11 per bottle. Discount. 3 per cent.

weekly return shows, however, that there has been some slight
securities"
increase in the demand for money, the total of "other
has
having been augmented by £587,847. The note circulation
been increased by £433,944, and there is a diminution of £310,291

Bank

d.

s.

&
®

peroz
peroz.
BII.VIIB.

directors

4 per cent.

still

d.

Bar Silver, Fine
Bar Silver, con'ng 5 grs. Gold

in their rates ot

England have made no change

minimum

the

The

8.

per oz. standard. 77 9X®
per oz. sUndard. 77 9XO
per oz. sUndard
77 llxa
per oz.
....

Bar Gold
Bar Gold, fln4....'
Bar Gold, reflnable
Spanish Doubloons
Sonth American Donbloone
United Stages Gold Coin

advance

Bank

[February 19, 1876.
eoLS*

corre8pondent.1

London, Saturday, Feb. 5. 1876.
been
very quiet, and the rates of dishas
market
money
The
period
count have continu«d with a downward tendency. At one
the open
of the week the best three-months' bills were taken in
market at 3i per cent., but since then there has been a slic^ht
upon that quotation. The rates, however, are still very
of the

.

the following

summary

London Money and Stock Market.— The bullion
has increased £370,000 during the week,
Tues.
Moo.
Rat
94 1-16
94 1-16 91 3-16
OoneolBtor money
"
94 3-16
94 5-16 94>i
account
0. 8. 68 (5-208,) 1865,old.l06
'1867

109X

a. S.10-408

1055i

New

106X

58

Thaqaotationa lor
O.S.newflvee

105%
109X
105Jf
106>i

lOiy,
10 IK
106

my.
United States new
lOlJi

Wed.

in the

Thur.

91 1-16 94 1-16
91.(<
9-tH
U>5Ji
lOSTi
109»i
109K
lOOJi
106H
106>i

m'A

fives at

Bank
Frl.

94V
94 ?i

106K
109X

I

106 Jf
lOOJi

Frankfort were

:

—

—

:

THE CHRONICLE

Febroary 19, 1876.]

Sama time In—

Liv»rpool Cotton ifrtr**!.— 3ee special report of cotton.

—

Lh&rptx^ Breadttujfi Market.

Mon.

sat.

.

d.

I.

«
B3
"!I8

(Cal.

Com (n.W.

White
nils.) «!

»

Peaa (Caiuiiian)

"

ciiib)

quarter
unarter

10

ti

SIT

H
b

.18

83
98

Mon.

Sat.

d.

a.

6

9't

U

91
83
63

59
60

6
o

9

Lwd (American)

li

6

Liverpool Produce Market.

—

RMln (common).
"

P»trolea.a( refined)....

¥ "a!

llj^

"

;9piilts)

London Produce and

24

6

B

Bi
S3
59
60

6

FrI.

d.

a.

6
«
B

93
82
53
59
60

d

I

new

Bane of

Tnmday

Int

(i

Frl.
a. d.

49

18-0

18

49

"K
9>i
B

44
60
21

B

44

10 10
50

of new
of April.

4lli

«crlj),

49

10)^
9
6

84

6

10 10

22

8

N«w

»
6

Interest

YOBK.
and Re-

demption paid 2ud
Tuesday In Pebrr 'ry.

6

M

6

28,

6

99909900990099009900
00 34 003400
003409
23
28

34

23 9

34

9

23

3

9

S3

acrlp,

of

5Ui

April.

1870
1871

1872
1873
IV74
1875
1876

of

New

Co., inaar-

1108,770
'863
18S4
1869
18««
1867

100,8W
98,810
S7.7<»
74,810
10",CiO

law

r8,480

1869
187U
1871

rx),7io

lfi7<

U.tW

a^08o
46,960

in4

S3

3

1863
1S64
1865
1867
1868
1869
1870
1871
1878
1873
1874
1875
1878

3

$8S,?.V)

181,160

18TJ

ujmt

1888
1869
18:0

>«8,0I7

new

Issue of

83.380
37,490
59,010
55,190
S6,0!0
50,060
47,110
as.eao

1st

68,1!'0

day In February. Kcdemptlon, .Id Tuesday In Feb'y. Issue

59,000

$630,300

Tuesday

scrip,
In April.

1869
1870

l5.-,840

116,490
74,770
47,810
88,400
88,980
19,000

1871
1878
1874

1876
1878

$698,737

Umo».
Interest 1st Tues-

of

new

scrip, lat of

March.

Interest Ist Tuesday in February,

anb iHiBCcUanjeoue News.

Pacific.
Interest and Redemption paid Itt
Tuesday In Pebru'ry.

89,44<'

Sun.

(jHoiuinccctal

new

$685,690

10>,-

44
60
24

10 10

50

82

6

2,099,000
$8,98.3,390

lnl«reMt

Wed.
Thnr.
Fr).
£ a. d. £ a. d. £ a. d.

d.

1876

&

18

60
6

IU,M7
ISI.879

In April.

CoMXEnciAi.
and Redemption paid 8nd
Tuesday in February.

6
d
q

d.

a.

acrlp,

a

Tlior,

d.

a.

l,7«).440

S88,»*» 1887
891.4981

Mntnal Marine InHnrance Companle*

Isane of new scrip.
Itt of April.

50
22

6

Wed.

•I.I».97S

I47,248il88e

York, outstandmg, 1876. Compiled by Ueo. E. Cook
ance scrip brokers, 49 Wall street
ATLiNTlU.
Obieht.
IntereHt ami
Re- 1873 $8,504,900
Intereat and
Redemption paid flriit 18:4
8,180,260 dempllou
pnld Ut
Tdeaday In February. 1875
8,198,230 of March. U>ne of

4

—

a.

50

",34 00

93
Si
53
59
80

9X

10 10

21

6

UK

Taea.

£

d.

9.

93

d.

45
60
24

»
6

10 10

»asar(.No.l2D'ch8td)
22 6
on spot,*) cwt
Stun. .9900
Siwrmoil
Lineoedoil....!gCwt.

6

a.

8

9><
fiO

£

d.

a.

II

d.

49

4'i

Mon.

Sat.

oil

16

Oil Markets.

L:ii8'dc'ke(obl).tptc.lU 10
[,ini)ecd(Calcatta)
50

Whale

D
III4

9X

ftllowf American)...* cwt. 45
Clo«-r9eed(Am.red).. " 60
'•
24
SDlrlti. tnrpentlne

£

a.

49
IB

16

'•

10
»7
38

Ttanr.

a.

Toea.

d.

a.

49

Vcwt..

.

.

(pale)

Wed.

d.

8i
53
59
80

8

Mon.

d.

itorip of the

98

«

10
iW
39

1

1

Irti*ue

Sat.
a.

»8

8
»

S7
39

d.

JSO

8S
98

8

FrI.
a. d.

«o
83 HU

«ao

Taea.

a.

inid.lnewWcwt
"
5(1
...
59
01ieo«e(Amcr'n line) "
Bacon(l.cl.

10

d.

a.

92
8«
53

10
21
39

a.

Bams tin* In—
SlSB.mlino
896,631 U6«

1875
1874
1873
1878
1871

—

Liverpool Provisions Market.

Ueer(mee8)Dcw9 tee
Pork (mefiii) new l^bbl...

9
B

a8

WO
83
»8

B

10
21

Thnr.

d.

t.

d.

t.

SJO

»bbl
rionr(We«iern)
VrbcaKKed W'n. Bpr).VcU
"
(Red Winter)....
"

d.

8.

Wed.

Tne«.

175

$67,650
.39,90)

$107,560

—

Import* and Exports for the Wbbk. The imports this
show a decrease In botli dry goods and ereoerKl mer-

1863

$78,710

18M

183,670
185.540

186S
1888
1869
1870
Irtl
1878
1878
1814
1879
1878

8-7,410

«1,1«0
6a,«!0
41,810
19.890
41,740
40.800
60,900
89,000

areek

The total imports amount to $.5,210,518 this week,
againBt la.T.IG.SOO last week, and $5,406,869 the previous week.
The exports amount to |3,440,39.5 this week, CKainst $4,.557,3T.5 last
week and .f.5,003, i!98 the previous week. Tlie exports of oottot
the past week were 5,080 bales, against 9,730 bales last week
The tollowlnsare the imports at New York tor week ending (for
dry tfoods) Feb. 10, and for the week ending; (for general merebaudise) Fub. 11
cliandiHe.

Sun

HIW

TOIIK FOB

TBI WICK.

18T).

1874.

Dry eooda
Oeneral merchandise...

15.01)5,815
6,268,523

$3,959,'. 13

1875.
12,763,782

4,912,590

3,8:18,146

1876.
12,425,267
2,785,251

Total for the week..
Previoualy reported....

{11.361,368
42,348.109

33,5?5,2;)9

$6,601,928
31.764,6)2

$5,210,518
34,157,274

$42,446,912

$38,366,560

$39,667,792

Since Jan.

$8,871,703

$53,692,477

1

mon

Tal mage's Sons, under date of Feb. 15, 1876,
" With limited receipts and liberal
the rice market
demand, prices continue firm, and all the probabilities favor
higher rates at no distant date. Prices are now lower by nearly
one cent per pound than at any time since before the war. except
for a few days in 1873, during the panic, and then, although
general depression prevailed in other lines, prices almost immediately re-acted.
The consumption of the present crop (Carolina
and Louisiana) has been over fifty per cent in excess of that of
last year up to eqnal date, showing plainly that, although not the
rice season, the demand has enlarged greatly with the cheapening
of prices. Tliere is now on hand of the crop about the same as
at equal period last year.

t,U:Hr,,fih9

$.3,953,534

2-i,3W,9 il

32,1)73,40?

26,806,051

$37,019,3)3

$3o,758,C:)3

Pcertoasly reported

Since Jan.l

HSW TOBK FOB TBB WBIK.

1873.
15,611,326

1874.

$:)4,0S2,237

1875

1873.
13.440,295
29.558,312

|3>,998.607

—

:

Feb. 7— Str. City of Brookiyn.. Liverpool
Feb. 9— Sir. Parthia
Liverpool

Silver bars
Silver bars

Am.
Feb,

10—Str, Wicland..

Ilambarg

$101,500
67,000
6,000
32.991

silver half-dels..

Silver bars

U.S. gold coin

London

American

65,0()0

silver coin.

Silver bars

Paris
I'sb.

10— Str. City otVeraCruz.Havana
12— Str. Celtic
Liverpool.

"lb.

12— Str. Donan

Pi'I).

Spanish gold
American gold coin..
hilverbara

American silver coin,
Sonthampton.. American gold coin.
.

.Mexican Sliver coin..

Bremen

Silver ore

Total for the week
Previously reported

$9.')4,204

Total since January

Same time

3,500
27,220
luO.OOO
200.000
93,000
1,000
250,000
4,000
2,693

2,253,836
1,

1870

in

$3,808,040
[

1875
1874
1873

$12,253,.3.32

|

Same time

In

:870

$1,.350.960
5,139,171

4.657,922 1869
9,804,904 1868
1,775,013 11867
5,481,227 1866

9.6,'>7.851

I

WI2
1871

4,085,813
3,'.65,901

I

The imports of specie at this port during the past
been as follows
Feb. 7— Str. Andes
...Port an Prince. Silver coin
Feb. 10— Str. AcapiUco
Aaplnwall
Silver coin
Goidcoin

week have

:

Bullion (gold)
Gold dust

Total for the week
PrevlouBly reported
Total since ^an.

1,

1876

$249
14,000
22,650
1,393
418

$39,204
398,982

^

—

1,,300

Sllverbars

$438,136

:

The Bowery Savings Bank has issued a handsome little
volume, neatly bound in cloth, giving a history of that prominent
corporation from its original charter in 1834 down to the present
time. A sound savings bank is one of the most important institutions of a civilized and thrifty community, and we would advise depositors to patronize those only which are willing to throw
full daylighi on their affairs.
The fifth annual statement of the Texas Banking and
Insurance Company, of Galveston, shows the following: Total
resources— currency. $729,910 47 gold, $20,774 71. Liabilities-

The loUowing will show the exports of specie from the port of
New York for the week ending Feb. 12, 1876, and since the
beginning of the year, with a comparison for the correspoadinp
date in previous vears

900,000
500,000

stock.

say of

:

BZPOBTS FBOH

.

— Messrs. Dan

In our raport of the dry goods trade will be found the importsof
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the weekending
February 15

Portheweek

.

do

International Ocean Telegrapli.— At a meeting held in New
York, .January 27tb, it was resolved that it was desirable to retire
the preferred stock, and that it should be exchanged for common
stock on the basis of three shares of common for two of preferred.
The subject was referred to the directors, with authority to secure
consent of holders ol preferred stock in writing, no exchange to
be made until the consent of 90 per cent of that stock is had.
The preferred stock is now $650,000 and the common stock $850,When the exchange is made there Will be $1,825,000 com000.

:

rOBIlSH IKPOBTa AT

•881,980
.$668,080

Great Western, capital stock
Mercantile
do

;

1

Capital stock, $300,000.
Due depositors, currency, $352,403 81 ;
gold, $18,948— total liabilities, currency, $729,910; gold, $20,774.
The earnings in 1875 were $213,793 currency disbursements,
$137,884 53— net earnings, $75,809 02.
;

—

The Chicago & Alton Railroad Company has declared a dividend of four per cent on both the common and preferred stock,
payable at the office of Messrs. M. K. Jeeup, Paton & Ck)., .53
William street. New York, on and after March 1. Transfer books
close February 16, and re-open March 2.
The Governor of the State of Nebraska has appointed tbe
well-known firm of Kountze Brothers, of this city, as fiscal agenta
for the State, and all coupons or bonds of the said State,
or any of tho counties, towns, cities, &c., contained therein, will
be paid at their banking house, No. 12 Wall street.
We call the attention of business honses to the advertisement
of Mr. T. G. Sellew, of 103 Fulton street. His establishment contains one of the largest assortments of fine desks and ofTicc furniture, to be fou.id in New Y'ork, all of which he is offering at
low prices, on account of the depressed condition of business.
—Mr, Maturin Ballou, of
Wall street, offera his services for
the investment of trust and other funds on fiist mortgage aecarity
he also deals in State, city and county bonds, and other
investment securities and commercial paper. We caii attentioa
to his card io oar to-day's issue.

—
—

;

THE

176

OHIIOIVICLE.

iFebraary 19

United State* Bonds—There has been an

NATIONAL BANKS OROANIZBO.
States Comptroller of tlie Currency furnishes the
following statement of Nntional liAnks offi^an'zed the past week
Authorized
•1.S3-1— Flemlm; County National Bank of FleininReburg, Kv.
:

capital, S50,tOO; imld-iu cipital, $.M),U0O. E. K. I'carce, Proaident;
Tno-». S. Andrews, Cashier. Anthorlzed to commence buoiuegs, Feb.
11. 1878.
S,844—Palmer National Bnnk, Massachnsettii.
Authoriz!!d capital. ^loMC:
paid-in capital, $19,4 (6. Marshall
French, President; Leonard
Uresn, Cashier. Authorized to commence bu^ines:* Feb. II, 1876.

W.

DIVIDENUM.
I

Salem

&

Lowell

i

Mch.

15;

4

Mch

1

3

itllatrellaueona.
American Coat

4

Feb

17 to

Mch.

1

|»ndem.|
iFeb. nj

l>i

Summit Branch

Mch.

FUIDAY, FEBRUARY

lo' Fob.

a to Mch. 10

1876—6 P. m.
The

finan-

markets this week have been characterized by extremely
easy money, much strengtli in government.? and other prime
Investment securities, irregularity in the movement of speculative
The greater constocks, and firmness in gold and exchange.
fidence in values of stocks and bonds seems to continue, and bo;h
the high-priced investment bonds and the lower grades of railroad
cial

mortgages, as well as many of the railroad stocks, share in the
advantage, and have been marked up to decidedly higher figures.
The more buoyant feeling has thus far been sustained by better
reports of railroad earnings the increase in receipts over the
corresponding periods of last year being pretty general on the
Western and Southwestern roads, and the percentage of increase
showing more than a mere nominal improvement.
We liave, by the latest English mails, the statement from
Messrs. Spackman & Sons' Circular, in Loudon, showing the
capital proposed to be raised by new companies brought out in
that city during 1875, new issues by previously existing com
panies, and foreign lor.ns introduced during the .same period.
They remark upon the small amount of the total as compared
with previous years.

—

New
by

uew
.

.

.

new

Of the

Loans.
£227,781,825

36,971,033
25,083,980
13,988,000

128.840,7(

29,140,000
14,000,000

by existing companies,

issues,

given

is

Foreign

Government

£«, 888,685

£44.181,tK)0
44,374,(44
80,5:2,480
7,44;j,O0O

analysis

bsucs

pre^'ion8ly

exisUug
companies.

companies.
1872
187S
1874
1875

the

following

:

Capital

Capital

Kailwaya
Telegraph

Mining
Financial..
Totals (i»cluding

The

foreign

other)

all

offered.

called up.

£10,445 OCO

£8,lt)7,8„0

1,110,000
l.OOJ.OOO

981,230

600,0.0

835,0,10
a8J,60i)

£13,998,000

£ll,02!,O5O

Government Loans introduced were;
Amonut

Issue

Loan.
Brazilian, 6 per cent
Russian, 4V4 per cent
Swedish, 4H per cent

Paid

of stock.

Price.
96V4
92
98Ji

tip.

£5,O0J,l-00

£4,825,000

8,000,ti00

7,360,000

1,000,000

937,600

£14,000,000

£13,;72,5O0

The following

shows the principal American companies
which offered loans during the year, though as to these it may
be stated that not the entire amount was placed;
list

Amount
'

„
Baltimore

offered.

.

& Ohio Railroad
Central Railroad of New Jersey
Chicago & .Mton Railroad
& Hudson

£1,300.000
'eooioio
201,000
400 000

Canal

Keokuk & Kansa." City Railroad
LeUgh Valley Railroad
Nortnern Central Railroad
Pennsylvania Railroad
United New Jersey Itailroad
Utica Ithaca

&

500000
.'

&

.

Canal

.

.

.........

Elniira Raihroad

8 000
'460'000

300 000
1,030^000

Total

local

600,000
200,000

..

Western Union Telegraph

Our

Feb.

Feb.

14.

1.3.

12.

Ui%

reg..Jan.& July.

6s,l8Sl
68.1831

I'M},'
*ia2>i
coup.. Jan.
July. lii;i 123
*I23,','
68, 5-20'8, called b...reg.. May &Nov. *ll4;i '1145^ 'IMJi
6s,5-20's, called b.coup..May
Nov. *lH}i *i:4^ 'IMJJ
6s, 5-20'8, 1805
re?.. May
Nov. *niy, 117 Ji *I18
6s, 5-2ii'8, 1365
conp..May
Nov. 117Ji 'H-Ji 1!8
6s, 5 2U'8,1S65, n. i., rcg..Jan.
July *119>^ 119^^*1191^
68,5-20'8,1865n.l.,coup..Jan.& July. 119H llOJi 180
68,5-20'8,lS67..
reg..Jan.
July. 122
12J)i 122»;
6s,5-20's, I867....coap. .Jan. <fc July. 121Ji 122),' 122%
6i<,5-80'8,lSB8
July.
*\2i^ *123)^
ror..Jau.
6s,6-20'8, 1368
coup Jan.
July. '123
*m}i
5s, 10 40'8
reg. Mar.ASept. 516Ji 117% »117}i
coup. Mar.
58, 10-40'B
Sept. 120X ISOM liOy,
58, funded, 1881
reg ..Quarterly. 118% 118)i 118%
118
Sd, funded, 1881, ..coup. ...Quarterly. 118%
«s Currcncv
reg.. Jan.&.Iuly.*125% 126% 126

&
&
A
&
&
&
&
&
&

la

the

Feb.

16.

17.

123}i
i33>^

123,ii

*m}i

llSSi *118
llbM '118

120%
!20

Feb.

1

91
118',
•lis'.

ni9%
120

'ISO
120

mx
mn

122% 122"f
122% :s2%
*153K *123>^ «lS8'i
*m'A*'^X 153?i *l8aS
118
US
118%
*mri 'UOy, I21V
118% 118^ 119

Wa

IWU

'This

Feb.

"

113!^

118=^

118%

126X

127

127

onea bid. uoaaKwai made at (he Board.

Closing prices of securities in London have been as follows:
Feb.

Feb.

Range
—Lowest.

Feb.

since Jan,

,

18.

11.

4.

1,

0. 8. 68, 5-20'B, 1835,

oJrt

U.S.6S, 5-20'8,t867

.

.

I

I

D. 8.5s, 10-40'e

HewSs

!

100%

105%

109i/s

!09Ji
108

105%

I

xl05%
106%

I

Highest'
t.
I

I06%Feb.
imx Jan.. SI 109% Feb.
106;^' xl05%Feb.ll
108«Feb.
106%
104% Jan.. 13' 106% Feb.
IdSK
109%

104J^Jan..

3l

I

—

1

II
1

10

M

State and Railroad Bonds. In State bonds the most ul
favorable occurrence was the postponement of interest paymen!
snt^T
by South Carolina on her consolidated bonds. The payment was
first postponed from Jan. 1 to Fob. 15, and is now further put off
The
till April 1, in consequence of the delay in levying taxes.
Charleston Courier thinks payment will certainly be made on the
The bonds have declined to 5G@,59. In Alabama
first of April.
a bill has been introduced providing for the exchange of bonds
according to the plan of the State Commissioners. Tennessee
bouds are sustained to some extent by a Baltimore demand.
Railroad bonds have been active and buoyant, and not a few
issues have sold at higher prices than they ever reached before.
All classes of bonds have shared in the general firmness, from
the high-priced first mortgage bonds of leading roads down to the
defaulted bonds which are selling between 30 and DO. In regard
to some of the latter, it is to be observed that the condition of
their affairs is bettor known as time goes on, and as an estimate
late
of their ultimate value can bo made with greater csrtainty, th'
The Pacific Railroad bo
is more iuclioation to deal in them.
have again been very strong, and the prices of some of th
have touched the highest point yet reached. Among the conspicuous bonds liave also been the St. Paul and Northwestern
issues, which have still further advanced under the favorable
prospect that the Potter law will be repealed, and on account of
the large increase in the reported earnings of tlie first-named

11

road.

The following securities were sold at auction by Messrs. A. H.
Muller & Son
;

Totals

Delaware

have been as follows:

Clo.iing prices dally

.

18.

The money Market and Financial Situation.

Capital
offered by

new Syndicate to dispose of $500,000,000 of the new
4A per cent bonds, provided they are authorized and run 30 yean,
as propose!.
osition for a

int. period.

;

RRllrnail*.
Boston Uevere Beach & Lynn (quar.)
Chicago A Alton, pref. and com

amount. The importations of bonds by foreign bankers have
been le.ts than in the previous week. It has been reported that
Messrs. Belmont and Seligman were in Washin»tou with a prop-

:

Pb»
WUEK MOOKB CLOSED.
Cbht. iP'ablb. (Daya inclnslre )

COKPANT.

1868, but the noticeable inquiry has been for currency sixes and
fives of 1881, dealings in the last named issue being of large

new

Feb.

recently been announced

active business in

government securities, and prices have again advanced materially.
There has been more demand for five-twenties of 1807 and

Tbe United

The tollowlne Dividends have

1876.

£8,590^

money market has been

decidedly easy, and the bulk
of business on call loans has been done at 3@4 per cent. For
prime commercial paper the demand is far ahead of the supply,
and the bottom price is 4J to 5.| per cent.
On Thursday the Bank of England showed a pain of £370,000
in bullion for the week, and the discount rate remained unchanged at 4 per cent. The Bank of France gained 18,470,000
francs in specie.
The Imperial Bank of Uermanv gained
4,063,^
•
000 marks.
The weekly statement of the New York City Clearing-House
Banks, issued February 13, showed an increase of $1,310,850 in
the excess above their 35 per cent, legal reserve, the whole of such
excess being $1G,010,.575, against $14,799,73.-), the previous week.
The following table shows the changes from the previous week
and a comparison with 1875 and 1874:
Feb.

U>aQsanadlB.

5.

-1876.Feb. 12.

1875.

Differences.

Feb.
run.

l:j.
13.

1874.

Feb.
ica

14.
14

$3(16.067.400 $266,656,700 Inc.. J4S9..S00 $293,111,200 $878 217 000
Specie..
23,570,800
24,504,600 luc.
93:^,800
15,894,300
30 687,300
gjrculatlon....
17,t49..100
17,293.600 Dec.
165,800
S;j,512,90O
26,895,600
NetdeposltB.. 254,509,100 525,588,500 Inc.. 1,049,400 2.38,M2,300 839,070 700
IiOfal tenders.
47.35,200
47.895,600 Inc..
539,400
56,647,400
59,872,100

Company of Baltimore
The Gaslight Company of Baltimore
Laclede Gaslight Company of St.. Louis
Buffalo Mutual Gaslign; Company of Buffalo
Hanover National Bank
Leather Manufacturers' National Bank
United States Trust Company of New York
Atlantic Dock Company

48 shares People's Gaslight
24
120
25
54
10
13
3
10
5

shares
shares
shares
shares
shares
tiiares

96%
176
'.

HOX
60
80
187

330%

shares
116
shares Bankers and Brokers Assoc'ation (50 per cent paid)
75
shares CoutineiUal Fire Insurance Company
126
20 shares Metropolitan Insurance Company
73
40 shares Firemen's Fund Insurance Company
91
30 shares Pennsylvania Coal Company
281
288@30."
U9 shares Manhattan Gislight Company
1 share Clinton Hall Association
4f
5'3 shares Nat'sau Bank
1
90"
100 shares Fourth National Bank
50 shares Natlenal Shoe and Leather Baak
145
70 shares Park Bank
127%®130
65 shares Bank of the State of New York
105
100 shares Bank of Commerce
115%
100 shares Gallatin Bank
132
50 shares Metropolitan Bank
126^
43 shares Contin-ntal Bank
80V4
60 shares St. Nicholas Bank
1SO@I80%
100 shares Mechanics' Banking Aeaociation
84%
60 shares Merchants' Bank
,
119H
114
5U shares Market Bank
65 shares Bank of the Manhattan Company
150
60 shares Bank of America
150X @16t
400 sharas Eleventh Ward Bank
76
100 shares Trademen's National Bank
143%
151%
55 shares Bank of America
3;) shares Knickerbocker Fire Insurance Company
130
100 shares French Manufacturing Company, $100 each
SI pcr share
2'*7^
50 shares Manhattan Gar-light Company
iW
SIO.OOO Third Av. Railroad 7 per cent, registered bonds
99{
$1,1 00 City of Railway, N. J.. 7 per cent, improvement bonds
81
$:i.lXX) Second Av. Railroad 7 per cent, consol. convertible bonds
33
$5,000 Chicago and Canada Southern Railroad first mortgage 7'8
89,000 N.O.. Mobile and Texas Railroad first mortgage bonds (Western
division), all unpaid coupons attached
$13 per bond

PI

Messrs. Albert

II.

Nicolay

&

Co. sold the following at auction

:

$5,0:0 Clover Hill Railroad 8 per cent bonds, dne 1890 (hypothecated)

January,

1876,

coupons on

$10,000 do, July, 1875, coupons

on

37%
36

U

.

.

F.brjiry

X

X

:

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

Fob.

!4.

15.
•4.1

Vi.

Two. M,

old

Tonu. 01. new ....
N.Car. «i,old....
VlFK. ii, consoltd

do

iidserlei.

•«i<

•u

•«)4

•7.1

•4,1

IS
4-1V

•7.1

•45 X

Win

Uo.4s,1onff bonds lo.'X
nut. or Col. 3 638.
7!,1<
C. of ."(..IlntcoHS •110
().P«c.,lst6»,gld 107
C. U. *jQ. cnna. 79

Fob

Feb.

48W
•H'V

•17
•7S
•41

n)i

Feb.

H

17.

4»

•4IK

Loirett.

•75

•45 V "<5H
•lOiH 'Miit

411

•10 J
74

I1"X

nox MOH

10<
1(H

108V

31

VVedneaday, •'
"
Thursday,

19

70X Jan.

Friday,

JP

17X Jan.
7«H Jiu
4«
Fob.
108X Jai.
71* Feb.

I«

Current week
Provloas wook

Feb

1

J«u. .S
«lX.ran. 41
lO^X •)»o- IsllMX

:o8«

M
«

H MIX

•

This

the orlcebld

Is

no

:

Kb.

MX

tm-a

MH

I

vis made

note

Railroad and MUcellaneoun Stockn.—TUe stock market
Imn generally been strong on a fair volume of business, tho

—

Ili:{h.

.

<;li)i..

Toial
Clu«rln<«.

J,'2h

..113>tf

.'.'?*<

'"•« ""»'

Currm
rrwiey.

Gold.

3»

I18X

113
ii3>i ii3!<
,

''."O.03J

8J0.»lJ

37.'W1.00
51,0X7,000

I.W8.1M

i.t71.TW

I.S1>I.I8I

l,tS3.!IOI

*».8S0,'iOO

1,350.2 :»

I,6M.«1T

111,902.00)

7aS,3W

9lt,1W

mx

Max

...lUJt iH)4 111^ lixt^

Forelicn

BalsnceaBalance*

,

IM..5U4

...inx
.113

IHX

Jnn.ltodate

113

III
113'i
ll2Si 113
ll2;i

Kxchanxe

IIS

So, Ml
MO.

IMX HSX ... .....
The exchange market has been

firm at
Steady prlct^s, ruling for aclual business a little bel»w
the specie
shipping p lint. The exports of coin are referred to in the
irold
market above. It is bulioved that tho movement of Uoltod
States bonds towards this »)untry his latterly been
of less
amount, but as there will probably ba very few railroad or other
Ixinds placed abroad this year, it is anticipated that
exchange
will rule firm unWss disturbed again by scarcity
of cash gold
here or some other speculative influence.
To day business was
dull on a basis of abrout 4.Wi for sixty dayg, and
4.8fl| for
demand, on actual transactions in piimo sterling bills.

Railroad EarnlUK*.— The

cho Board.

at

J

44

4av Jan

41
;00

MX
IMS

M3X

l'a(j«d«y,

4

m

m "MS

"

ri

.;an. 81

«oolrilon.

aien. C'>w.

4

11

177
,-;

I.

i«H 'a

•1?
•76

l.'.o.-,

Ulghou

I

li-i ,laii.

4>V

"U

mx

&

:

1

..

Saturday, Feb.
"
Mdiiday,

,lan.

4 IV

•4)X

•17
•75

— 'lanite sluice Jan.

71(1
74 X
I6
•l'C»< •111
!
lOdJJ
IW
101
J in. II 109
Feb.
18
i<
•II'SK •10»
•I0«V l«7x ) in. J lU'X Feb. A
(;.4N.w cp.goid HOH
DIH 9i
S 93
'^?3f
a-.X Jin.
Feb. 18
C. 8.l.iP.Ut7i •i0.1« •109X •111)
10!) 1<
lOJ
109)^ 107XJ>n. 8 110
.Ian.
7
•1(8
rcrleut 78. ext'd. •lOOX •:f«
•101
•10!
:ur
\M Jan 38i:i'8 Jail 2t
l,.S.*,M.S.adc.c|) •ar
•9SJ< •9a
•»J
•»8V •sax
M. c»Tit cons. 78. :<wv 103 « 101
101
•lOfV t03V 101
.rai. 7 101
Frb 1
M.*.St.P. C.8. f.7)
SD
8j
88k lii< J» I. SI 8JX Feb VI
H. * KmS 'X ;8t 111. ".17
•116
•116
117
117
•U«x III! Jar. •lilt tell. Ill
- .V.C.&H. litcjp
l-.'U><
lai'^ •iaox •iim
i.'i
•lilv IjU Jan. V U2 Jan. 7
>. 3d M.C<mi*. 8. r
•98 X
•.Hi;
»sx
•)s5
Jin, 8' 99X Feb
1
rm8.Ft.w.*o.i«t
111
M>X •115 IIIIX Jai. 1 116 Feb. 8
I..M. I8t
8t.L.
•Kd^
97
»;
iHX 9'i .lau. 4 lOJ Jan. 20
•97X
(jB.PaC. l8t68,Kd lUS
in\i 106
101»<
10) X io;x Jon
po». 16
do
8.F
•..7
9!
»3X 'J3
*eA
99^ Jan. t' »1 Fob. IS

78X

..

THE CHROxMCLR

1876]

19,

K

X

from January

totals

latest earnings obtainable,

1 to latest dates,

and the

are as follows:

Latest earn iags reported.

Jan.l to latest date.

,

18 "or
1875 or
18:8 or
1 873 or
exceptions being Western Union Telegrnpb and Pacific
„„...
stocks, after their largo advance of tlio past
*""
?'-•'=
«'«-58<
tI02.2t5
«I,S»0,.3B9
t!,t30,m
AH,''"..'i'Tp*
--<^rrT
"" '"
-Atlantic
"
week or two, have lately been quiet and pretty steady. No ro
& Ptcm"... J',"""','".
.3d week of Jan.
21.913
21,412
71,729
£8,081
Mii.ith of Doc
126.5.52
98,17T l,iU.im
ports of these associations are issued, and the public have no Canada Soutliern
Central Paclflc.
..Month of .Ian,
901,000
963,(138
961.000
«!n.MI
means of getting any definite information about them. The Chic. Mil. & St. P.. 8d wcok ot Pjb
12,5.010
74,(10,1
788,000
811,401
Imuling card of tho week has been the repeal of the Potter law in OlD.Iiafay. & Chic 1st week of Feb.
10 157
7,495
U.-ini
41.«8S
Denver*
RloO... Itft week of Feb.
7,34'i
Wisconsin the Vance bill for this purpose passed the House
6,«:i9
40,308
«<,«00
Hons. & Texa.H C 2 weeks of .Jan
138.(14
85, .'38
134,»M
8*.M6
last week, and in private telegrams this evening it is stated
rilinols
that
Central ... Minth of .Ian..
583,147
597,212
538,417
wt.nt
it was passed by the Senate to day.
This, together with the Indianap. Bl. & W, 1st week of Feb,
40,668
80.fl«3
174,054
I46,<«S
Ist week of Feb
large increa.-ie in earnings shown by the St. Paul road, have Kansas Paclflc
48.496
52,393
2i6.5:»
215,130
Keoknk&Di!8 M... .Month of Dec..
53,164
«7,;28
79J.782
716,185
made the two leading Western railroad stocks decidedly buoy
Marietta & Cln
Month of ,Ian..
167,2.50
1S«,805
167,*5«
152,808
ant, and their friends feel very confident that on the
Ist jveek of Feb
Ii3,442
preferred Michigan Ceniral
113,651
6(2,003
614,653
Kansas&Tex... latweekof Feb
stocks, at least, dividends will soon be ri-sumed.
53,%»
5.3,806
310,419
251,906
Western Mo.
Month of Dec. 291,014
3yi. i07
1,911,342 1,391,018
Union Telegrapli his been especially weak in consequence of the .VIobile ifc Ohio
Ohio & Ml89iesippi*. 1st wcok of Fob.
64.010
63,154
379,^05
319,830
reduction of rates between Xew York and a number of the
Pacillc of Missouri
8d week of Jan.
prin7 1,710
.53,598
191.812
153,897
Phil. & Erie
cipal cUies by the Atlantic and Pacific Company
Month of Dec. 270.441
298,406 3,385,897 3,106,919
in some quar
Rome, Water. & Og. Month of Jan..
80,788
67,501
ters this is said to b3 a temporary expsdieut "only,
80,718
«7,50«
to bear the
St.U AI.& T. H.hchs.
week of Feb.
7,364
13,149
46,677
70.350
Western Union stock. Pacific Mail has b en sold down still bt. L. I. Mt.<fc Southt Ist
iBt week of Feb.
62,600
80,954
41 t,8T0
881,743
further and touched 8:3| to day.
1st week of Feb.
,59,8,36
At the close of business ther<< St. L K. O. * N
44,684
306,371
252,672
St. I.. & Southeast... Month «f .Ian..
was a iirm tone, and prices at the Board advanced i to
8a.fr»2
81,584
80,842
84,536
i per St. Paul &S.City,&c. Month of Dec.
107,562
6i,»76
'
877,478
an,aoi
cent, in the last half hour.
Tol. Peoria&Warsaw M«nth of Jan..
99,a0i
71,437
99,208
71,437
Total transaotions of the week in leadin? stocks were as
fol* This yeir'a flgnres include the earnings of the Sprlnsfleld Division.
lows :
t High water nn five days, and no connection with Texas roads, are said to
Pacific
Lak« West'n Chic. &
Ohio St,
be the causes of the falling off in earnings d irinj tho llrst week of February.
St. Paul
Mall.
Shore. Union. N'west. Eric. Miss. St. P«nl. orcf
New ITorlx Oltr Banka. The following statement Bhowi
3C linn
a^\i\
n -^nn
/mn
n
<n
«
T
Peb- IS
.^sno
.36,900
ij,a»
9,700
5.900
8,100
9,400
9,300
the condition of the Associated Banks of New York City for th«
I*
5,800
21,700
11,600
6, -200
».3X)
5,500
25,5
5,100
15
2,^00
week ending at the commencement of businesi^ on Feb. 12, 1876:
17,300
8.5,800
18,500 12,900
5,8)0
12,100
3,200
"
16
24,800
50,300
dSSOO 17,100 1I,70J
5.000
-i,TaaAea XHorsT o»12,300
4,800
"
17
1.5,800
3.'),«no
Loans and
55,400
9,000 11,800
i;,-300
Legal
Net
Clrenlv
ir,.5jo
2,400
"
B&KKS.
Capital. Olsoonnta. Specie.
18
14.400
Tenders. Deposits.
14,800
tlon.
65,900
7,100 18,80)
9,60J
12,000
.3.001
New rork
»S,000,000
H,8SI.20C 32,307,000 |1,U».000
•9,078,6W
:ilanhattan
Co
2,050.000
6.856.«»
45;,100
i.m'K<i
5.151.900
Total
63,600 179,200

princii)al

The express

Mail.

%

-

•

—

.

.

;

.
,

.

.

.

;

.

1

*•

>t

.

.

. .

—

_

.

'

245,200

70,700

69,600

40,900

88,800

Whol«8tock. ..800.000.494,665 337,871 149,980 780,COO 200,000

The

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

The

daily highest

6«

5H

M. ft Pac. Tel. 20X 20X
Central of N.j. 107X '.'.i7Jf
C, -Mil.* St. P.
00
C,

prel..

&

North,

do

pref.

Cblc.

ISk.

64X

I.&p.. 109X 109X

Uol.CiUc.AI.C.
Del.,

L.

ft

5

?k-

West U7

ni'4

Krlo

•6«

Aao.ftSt. J08.
do.

do.

pf.

Bartem
Illhiois

Central

W

»llS8...

I'Mlflc Mall....

Pacincut Mo..

Panama

.

(Jnlcksllver.

. .

do

pref.

8t.L.,

I.jr&S.

8t.UK.C.&N.

W

SOX
143

m%

99X
66X
60*

.Mlch!(,'an Cent.
M.lf.cuu.ftH.K. .ISS
ft

l-'%
HJii

20

141

LakoSbore
Ohio

79«
43X
6IK

78
43 'i

«7>k
61

Zia
35V 31K
'.30

17

aa

130
17
23

W»b. ft
.
6X
Union Pacific.. •tax 68V
West. Un. Tel. 7!« 7;k

T.,

Adams Kxp

...

amorlcan Kx..
United State,!..
Wellt, Fargo..

mIk Ills

65
72J<
89

6

71

V

89>S

•This lathe price bid

in

F,!f
6

.

2(iX
4iH<

I8X 79 X

41X

43»i
61

MX
ma mx
1I7X mx
17
17X
20X 20^
30X 30V

5«
20X W3i
43

61
;i,5X

22«
33X 35X
WX 13V

5i<

KX nx

io^

wa

3'ix

aov

66X
60V

IHV

9

6

V

7MX
ViX

111!^
64 ?i 61
7i
76 X
89H 91

mn
ei

117X

2iH
3iX Six
ii;< 12V
22

22H
2-.X
29

"iia

67 X

UUX

117^ ;;7x

17

18

24K
29V

lUH

46

79X 79V
45X

44
65J«
109)(
'5

'\ua »^
99V 100 KO

22 X

111

Ftl

21V

....
17

21
23

6" 'i"
69V "0
76X

76,X

1!1V 112
6jX SIX
75
90

76

1.0

.

16.

Feb.

:7

6

5%

6X

,

IDS
19
lux
ima 107X 107X
44 X 46X
13X IS%
^in 8UX
78X 79V
48 K 45X
4SX 41
61V 67 X 65
66X
109V 111 H 109!, nCH
l»X

.

5

iH

I17X 117X
17X 18X
19X iux
29

145

6«X 67
61

13.

107V lOSX

!(I8

42-!,-

144
•J8

Feb.

6X

20X

'mx

14.

100

M%

m

iitx

17X
13

33V 35 W
12X 12X

21 X

118

iJi

U3

17X
•22H

17V

mx

19 V

2D

lOOX lOOX
«6X 6bX

60V

5V

6HV

74

76

112X

»IV «4V
i-4 75 X
S8
Six

69^
73X 74X

•63 ,X

685?

109X 109X
63* 65

73V
•i7

71

B9V

'

73X
iO'
65
73 X

5X

Leather Mannf

Seventh Ward
atateof N.York..
American Exch'Ke.

Commerce
Broadway
Mercantile
Paclflc

Bepubllc

Chatham
People's

North America

800.000
600.000
200.000
600,000
300,000

,...

Kassan
Market
Nicholas
Shoe and Leather.
St.

Oriental

Marine
Lmporters'ft Trftd*rs

Park
Mech. Bank'g Asso.

65x
75

38X S8X

has been more active and higher,
consequence of the shipments which have taken place
and the prospect that further considerable shipments will be
made in the imiiiediat-i future. About |1, 550,000 of gold coin
was sent out on Thursday, and it was intimated at one time that,
5"'" 'lis ruling rate of exchange, it appeared as if this shipment
"*'^® partly for effect.
This is not apparent, however,
A the
i.**°
and
conclusion is that the transaction was done in the regular
course of business, though with scarcely any margin for profit,
loday it was reported early that $800,000 would go out on tosteamers, but aftenvards this was said to have been
'"•"I'j"'^
"" *^" ^°''^ '''*°* ^^^ ^^^"^ to-day for carrying were
To
o
'.-'. ^, 3, 4, 3 and
Customs receipts of the week
3i per cent.
were $3,681,000.

show tlie course of gola and operathe 0old Exchange Bank each day of the past week:

Urocers'
North niver
East Klver
Manufact'rs'ft Mer.
Fourth National
Central National...
Second National
Ninth National. ...
Flrtt National
Third National
N.y. National Bxch.
Tenth National
Bowery National
New York Co. Nat.
,

1,183,500
867,600
926.400

5,(07.500
3,339.000
1,707,000
8.^35,500
3,607.300
3,872,400

267.30
132.000
535,700
39 ',700
310,000
59,100
10,800

1.7iM00
1.86I.4U0
740.600

1,61)1,300

1,367,000
1,151,400

l,9ii,lliO

7,41'2.300

5(11300

3,H5.0'J0
2.031.7UO
1 .379.000
1.184,500
706.100
2,929,000
818.500
3,809,600
7,656.000

884,:<00

317.(00
2<9..'00

1,8.53.300

les.aoo

733,200

450,000
412,500
1^)00.000

3,136,1100
l,331,6tl0
2.505 .ioc
3.596, too

44S.8(io

913.300

WS,400

6,18.500

1,81)2,200

u.no

8,313,600

814,300
199,200

513,300
908,500
820,200
272.200
401.000

3,477,*)C

5(10,000

2,081,000
12.727.01)0
1.614,4,10

1,500,000
2,000,000

76,600
379,100
SI 1.000

400

1,833^00
3.5'2,i)00

1,211.400

2.371J0O
116.10*
4a>.oao

1.636.4U0

.U2.100

4'),00«

25IAI0

2.'307.0(0

I'AGOO

503,800

1.876A)0

S,IW
I94.M0

7.S.1C0

'268,4110

1,»57,»0()

100.1100

93,100

768.300
253 .000
617.000
267.600

3.320Ae
1.5I6WD

TSt.KIO

8.386.8(10

901.601
4.009

tkl!i.4(IO

13i.21IO

256,400
5,00U
101,700
503,200

S,99«,W

375,(100

4.509.300
1.6:2.5(10
161.1110

9.(i37,<

ao.(o*

8M.1W

919,000

666.800

6353,500

1.•^S1,S00

1,521.000

S»!.C(0

8.273,300
l,i«<.10a
76 (.'200
1,II42J00
1.0(9,000

st4'.6a6

4O9.M,'0

2,97>>,500

6.100

3:4,400

1.531,100

1,000,000
1,000.000

i,oei,ouo
2,9(5,500
1,980,900

Ml .800

148.2|iU

B903C0
1S.S46.9«0
6,7t4,0(»
1 .824,100
t,»l4.a)0

»7.0DO

48030t

828.200
565.CU0
311.200

s.uajoo

300,000

1493W

:5,l'3,10(l

8.24S.90C
1.9U4.0OO
452 AlO
1.365,800

303,7(0
16>,9C0

4308

1.180.200
1.933,»00
1».-J02*)0

1S3.400
Mi.'XXI
158.400

2.aoo
246.800
3.200

Mfiiib

3,«7»,400
2.133.000

500,(00

1.2»0,l)(0

772.490
5.S06

3,389. 1 IX)

145,41X)

1,1,57,1'qc

408,000

8NJ00

7,.15«,O00

2,50,00 r

«7.«oa
>,«M.10O

3,<31.300
3.371,500

1,695.000
3,014.800

500,0(0

1.700
24«,300
eo,ico

00

907,100
174.000
:(,s5i,9ao

1,000,000

1W300

s<5.coa
1,335.000
373,100

1.3»i.5( u

6,588,9(0
1,451,010

464300
4S7.500
t4*.aoo

fl,i<2,:Q0

l,500,CCt
1, 000,00

•V.3»
4M,408

5.18'i,900

81.700
6,300
16,000
13.800
I2.ai0
557,100
51,000

900,000
300,000

86«.7W
270.0N

89,9CO
116,600
231.000
1,069,030
85,000

2.2!5,6oo
2.714.100
:.4»«.9«0
4.266.100
2.9)4.200
4.022.800
1.895.900
16.506.300
12.679.900
1,038.400
628,300
P60.COO

5.174.700
3.131.300
6.978,100
3,314,600

3oS.400
1,971.600
617,900
1,791,000
J17.200
474.700

9f..6o0

?,!18,5I

6.5'!9.200

1,355.600

4.9.1,-<,000

350,000
300,000
9,000,00t
2,000,000
300,000

German American.
Dry Goods

290300

2,000,000
5,000,000
10,000,000
1,000,000
1,000,000
422,700
2,000,000

;, 1100.000

.

768.500
3C6,300

4,710,000
8,434,900
3,606.3«i

S91.'00
1SS,200
l.CHl.SOO
2,031.000
1.986.5O0

300.000
400,000

'*"

7,978,500

3,8;i ,900
II.137.1'00
2 i.5o5.500

1.000.000

trying
Metropolitan
Citizens

uov

*he Gold WarkeJ—Gold

"ons of

Mechanlcs&Traders

1.50(1,000

and asKsi: no tale wai made at the BoirJ

table will

Butchers'&Drovers'

Continental

chiefly in

The following

Qallatln, National..

600,000
300,000
1,000.000
1,500.000

Corn Kxchange

:3JX13)
17X 17X
'.'.'.'.

25

..

31

31X

nx u

•

rradesmen'i
Fulton
Chemical
Merchants' Kxch.

23"

liJi

ii3X

«X

691^

America
PhcanU

1,0C0,000
aof,oco
1,000,000
1,000,000
1,000,000
1.000.000
1.000,000

2IK

t9f(

•lux

Si'V

115X 11«X

2}X 29V

OX

1I8X

•.... 145

tiOX
lis
22

13;
18
....

5X

29V 29V

3iX 3«X
12X 12X
'17
•22
•24

nx

5X

63X 66X
60
lis

130X 13)V

25X

UOXKIX

WX

•39X 100

na

45X 46
79X 80X
iJH IIV
6SV 'i7X

19
29

lOOX
67

1U7V lOTV

.

inx

145

Friday,
Feb. i8.

i9V i9v

5X

29
•....

tox 61X
Ilex 116V
2l9i

SX

3,000/100
2,000,00«
1,500,000
8,000,000
1,800,000
1,000,000
1,000.000

City

,

•130JI?

30

iilX
6

given

is

;

•....

31X 3^X

.Mechanics'
CTnlon

Monday, Tuesday, Wednesday Thursday

IWX U3X

ti

Uerchants'

and lowest prices h ve bein as follows:

Satarday,
Feb. li
At.A Pac.pref

29,800

15.3,992:22,741

ia*,7ao

i.wii'oo
1.307.000
189.0(0

M.N0
48,l.<00

4I.400

3«J31^
441.1(10

'321J0M
190.00*

(81 .03! JOO r336.55S.700 I24.304.60C 117.895.900 I3J3.558 JOO tl7.J9».!««

Total

The

deviations from the returns of the previous

week are

>•

follows
Loans
Specie
Legal Tenders

The following

Inc.
Inc.
Inc.

Soecle.

Jao.M...

2'2.-2ai3a0

2;,481,700

K.b

26«.0«7.4flO
26«,.VS(,7Sg

!.,.
12..

|

Net DepoalU
Clroolatlon

-Inc.
~l)«e.

»'^JS?
1S6.80*

J3<,4'<ol

are the totals for a serien of weeks paat

Loans.
Feb.

9489.3CO
983,800

Legal
Tenders.

Clrco-

Deposits.
«),U2i (00

2S>7.l.'son

44,(W)JOOO
47.356.200

221.509.100

24,IW,600

47,8»30«

J15.55«,5<10

laUor.
I^.^--""
1Z.«!.«»

I..a».5«9

Aggregate
Clearlan
JS'^S-iif.

V.i'S'Sl
4U.I56.99J

—

....

.

.

— ——

... ...
,. . .
.

—

. ..
...
...
..

.

..

THE CHRONICLE.

178

g

.. .
..

[Februaiy 19, 1876.

GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YOKK.
U. 8. Bond*

active Railroad Stoeks are quoted

ana

Tol.

Railroad Bond*.

state Bonds.

(Stock

Albany
do
do

ikUI>ama»8,1883..

lo

Ss.lSfM

do
do

9a;>«

new

lUl
lUl

I'onnfl

Indiana 5b
Illinois 6s

coupon,
do
do
War loan
do
Kentucky 6s

Lootstana 6s
do new
do

1"2>>

1R77
.879

m%
a
a
4i
43

78, Penllontlary....
68, levee bonds
do
88,
1875.
do
88,
of i»:o.
88

43k
14

do

a

11

Michigan 68, 1878-79
68,1888
do

116
101

68. due in 1876
lu;
1877
do
do
iGl
1878
d«
do
1003,
1879
do
do
M'H
1880
do
do
Funding bonds due In :891-5. M'/i lOSM
Long bdB. due '81 to "91 tncl.. ija 1C2>^
ABTlam or Unlvers.. due 1892

Mlrtonrl

ma

Han.

&

do
do

St.

Joseph, due

1876,

do
do

1886
1S87

do
do

icux
id;x

11'2

m%

Hew York Bonnty
68,
6s,
68,
6s,
68,
6b,
5s,

l^oau,reg
coup.
Canal Loon, 1377.
1878,
do
1887,
gold reg

do
do
do
do

105

loan.. 1883,
..1891.

..187f.
6s, old, J. ft J.

17

55
55
42
42

iOX

13«

9><
9
8>4

3

•

1

.

Jo. land grants
do 88, couv. mort...
Dubuque ft Bloux City, Ist m.

Han.
do

113

ft Bt.

do
Cedar Falls

do

Minn., 1st inort.
W., Ist mort.
2d mort...
do
do
Mich. So. 7 D. c. 2d mort
Mich. S. ft N. Ind.. S. F., 7 p. c
Cleve. ft T«l. sinking fund...,

d«

ofl888,

HW

.

Columbia 3.608..

7l)i

Chicago ft Alton
do pref
do
Chic, Bur. ft Qufncy

•.21).;

Cleve., Col., Cfn.

65 ><

Cleveland

l-i'A

Dubuque

ft Indlanap..
Pittsburg, guar..

ft

ft

Sioux City

do
do

ft

St.

Joseph, pref...
99* lOOX

lUinoU Central
lodlannp. CIn. ft Lafayette
J OUet ft Chicago
Lous Island
Marietta ft Cln., Ist pref
do
2d pref
Morris

ft

Essex

103!W lC4>i

Missouri, KansaB

ft

Texas.

.

i>;
New Jersey Southern
N Y., New Haven ft Hartford. 150X
Ohio ft MISBlsfilppI, pref
Pitts., Ft. W. ft Chic, guar. ..
103X •MX
90
do
do special.. 87

Saratoga
ft Ogdens..
ft T. Haute.
do
do
pref
Belleville ft So. Illinois, pref
St. Louts, Iron Mount, ft South.
Ten-e Uaute ft ludfanapolls...
Toledo, Peoria & Warsaw
Toledo, Wab. ft Western, pref.

KenBselaer

ft

Rome, Watertown

St. Louts,

Alton
do

do
do
do
do
do
do
do

do

6s,

.

,

subscription.

78,
ft

m

.'

.

f d. 1885..

Harlem, iBt mort. 7j .^oup
do
do
reg
North Missouri, Ist mort
Ohio ft Miss., consol. Elnk. fd
do
do
consolidated
do
do 2d do
1st Spring, div.
do
do
Central Paclllc gold bonds..
do San Joaquin br'nch
do Cal. ft Oregon iBt..
do
State aid bonds
do
L. (i. bonds
Western Pacific bonds
Union Pact&c, 1st mort. bonds
do
Laud grants, 7b.
Sinking fund..
do
.

.

&

Paclllc lan'lgr. m.
lili. bds. of Mo.

2-2X

of Mo., Istmort.

.
.

m.

i2ii'
119
.12

.

Louis, Validalia

do

Ist in. 88

Union
Uulon

West Wisconsin

'^Brokerx' Quotatxons:.)

8TATKH.
Louisiana new consol. 78
South Carolina new consol.

94

Indianapolis & St. Louis 78.
& Gt. North, let 78, g.
International (Texas) Ist g....
Int., H. & G. N. conv. 88 ..
Jackson, Lansing & Sag. 6s
ICanBat. Pac. 78, extension, gold
7s, laud grant, gld
do
do new gld
do
78,

38
102 >»

106% 105 \
102% 103
9!

m
sia

do
do

da

68,gld,

June&

& Aug

68, do Feb.
7s, 1876, land grant
78, Leaven, br'nch
IncomeB, No. 11..
do
No. 16..

68.

S'tS

88

Charleston. S. C, 78, F. L. bds.
Colmnbla, S. C..6S

Columbus, Ga., 78, bonds
Lyuchburges
ftfacon 7s, nonds
old bonds, 6b

new bonds, 6s
do
end.,M.&C. RR.
do
Mobile 58, (coups, onj
do
8s, (CO u ps. on)
Montgomery

Nashville

...

88

old

68,

li.

do
do

American District Telegraph..
Canton Co., Baltimore
Cent. N. J. Land Improv. Co..
Delaware ft Hudson Canal
A'Tnerican i;oai
Oon'^olldatlon Coal or Iwd.....
Mariposa L.ftM. Co., ass't paid

do

do pref

"

55
48
8
S

Cumberland Coal

ft Iron
Uar.yland Coal
Pennsylvania Coal
Spring Mountain Coal

n>4

122),'

66

8-1

88

53
67

57
72
62

75
80
80
40
S5
S9
80
30
10
70

...

80
10
S«
43

'5

SO

91

9.1

68

&

^
t>"

85

80
15
52
42

Chatt. lStin.8s., end...

do

&

1st mort. 78.,
2d mort. 78....
Gnlf consol
do end. Savan'U.
do stock
.

do

do

do

do
do

70
79
1

guar...

7b, certlf....
.

stock
Cbarleslou UtTs..

&

tO

70
^5
95

52
51
90

endorsed...

do
do

2d7d...

2d

H
«i

m. 8s....
Mississippi & Tenn. Ist m. 76.
do consol. 88.
do
88>
..*
Montgomery & West P. 1st 8a.
do Income
do
95
82>^ Mont. & Euf aula 1 st 88, g. end.

re

40

40
30

Richmond

to railroads, 68..

do

82

M

70

SJ

,

.

93

EU
40

Norfolk 66
PetersburgBs

10s

-iiock .
Memphis Little Rocl: Ist m,.
Mississippi Ceutral 1st .11. 78.

65
65

m

89

36
39
?6
36
75

do
do

't1

50
5

%
S3
VI

30
90
97
-3
60
10
40

96"
tl
75
90
90
lU)
83
69
F3
103

88
•0
19
8t
ao
12
66

67
£5
80
60
90

15

60
90
6<
•S
60

20

gij

40
Mobile & Ohio sterling
do ex certlf 40
do
do
25
do 88. Ii»terest
do
do 2d mort. 88.,...- 10
do
do stock
do
N. Orleans & Jacks, ist ni
do certlf'aSs,.
do
Nashville & Chattanooga 6s...
Norfolk & Petersburg 1st m. Se
7s
do
do
do
2d m.Ss
do
Northeastern, S. C, Ist m. 88.
2d m. 8s..
do

42
43
30

,

122

^

83

...
68, new
do
32
Orleans 58
39
consol. 68.
do
31
bonds, 76
do
gold 7b, quarterly Si
do

.

'

108K

New

,

IHIacellaneoas Stocks

103
IGO

V-

-.6

..

Augusta, Ga., 78, bonds
Charleston slock 68

Memphis

10»

lOl

OITIKS.
Atlanta, Ga.,7s

do

56

93

Texas State fis, 1877
66,1891-2
do
7s, gold
do
10b, of 1884
do
lOs, pension
do

do
do

118>b

96% 96K Houston

gold

78,

Soutlierii Securities,

Memphis A

1I6X

.68X 109

78

Wisconsin Valley 88

do
do

Sag. 88

,

Logansport

do

&
&

Grand R. & Ind. let guar 78
IstX. G.78...
do
iBt ex L. G. 7s
do
98X
Grand River Valley Sb
93
HouB. & Texas C. ist 7s, gold,
J9
79H Indlanap. &Vlncen.l6t 78, guar
Iowa Falls & Sioux Cist 78...

&

Paclllc, So. branch, 6s,
Walklll Valley Ist 78, gold

Macou & Brunswick end. 78.
Macon & Augusta bonds

Ist 78
do
2d 78
do
do
78, equip .....
do
Evanavllle, Hen.
Nashv. 78.
Chic. 78, g.
Evansvllle, T. H.
Pere M. 78, Land grant,
Flint
&.

*

EastTenn.* Georgia 6s
East Tenn. & Va. 68, end. Tenu
E. Tenu. Va. & Ga. 1st m. 76.
do
stock
do
Georgia RR. 7b
stock
do
Greenville & Col. 7s, guar

& Pittsburg

&

75

Carolina Central Islm. 68, g...
Central Georgia consol. m. 78. is
*3
stock
do
CbarlotteCol.A A. l8tM.78... tO
5
stock
do
do
Charleston & Savannah 6s, end 20
25
Savannah & Char. Ist m.78
Cheraw & Darlington Ts

EvansvllleA Crawford8V.,7B..

Fort W., Jackson

&i"

St. L.
St. L. ft

do
do
do

IWK Denver & Rio Grande 78, gold.
Erie

*s

573i

ft T. II. 1st.
2d, guar.
do
So'eastern Ist 78, gold.
I. Mt. f Ark. Br.) 78. g.
Southern Central of N. Y. 7b...

St.

Atlantic

do 2d m.Ss
do
DutcheesA Columbia 78
Denver Paclllc 78, gold

104
104
103
102

too

*- 't«wego 7s. gold..
Sioux City ft pacific Oo
Southern Minn, construe. 88.
7s..
do
St. Jo. ft C. Bl. Ist mort. 108.
do
do
8i). c.
Sandusky, Mans, ft Newark 78.

do

.

& Lake M.

*U

guar...

Ala.&Tenu. R.

Detroit, Hin8da]e& In. RK.88.
Detroit Altar City 88 guar
Detroit, Eel River & 111. 88.
Det., Lans.

19

2.«

Rv,u..M-*

Ala.

g. 7s.

.

U

SDK

bds. 88, 4th series
do
Rockf 'd, R. I. ft St. L. 1st 78, eld

.

l8t

40
30
4U

do
do
IstCaron'tB.
15
do
do
2d mort
14
do
Pitts., Ft. W. ft Chic, 1st mort 115
Stock
Orange & Alexandria, Ists, 6s.
14
do
2ds, 68.
do
107%
South
8s.
guar
do
do
do
&
H.
2d mort.
108K Kalamazoo
100
SdB, 88.
do
do
do
do 3d mort 103
96
Kal., Alleghau. & G. R. 8b, guar
4lhs, Ss.
do
Cleve. ft Pitts, consol. 8. fund. 109X 1093
do
Kansas City & Cameron lOe.
100
102)..
do
do 4th mort
Rlchm'd & Petersb'g Ist m. 78
50
Kan. C, St. Jo. & C. B. 88 of '85
56'
'98
Poto.
68.
&
Fre'ksb'g
56)4
do 88 of
Col., Chic, ft Ind. C. 1st mort.
Rich.,
do
do
d(,
do conv.Ts
18
do
do
i;d mort.
90
Keokuk & DcB Moines ist 78...
94
Rome, Watert'n ft Og. con. 1st 93
Ist coup, Oct. ,'76 75
7JW Rich. & Danv. Ist consol. 6s..
do
97 J^
Southwest RR. Ga Ist m.
funded Int. 6s 92M 95
St. L. ft Iron Mountalu, Ist m.
do
do
70
72
pref. stock... 25
2dD
do
80
S. Carolina RR. Ist in. 7s, new
68
1C9
Alton&T.H., Ist mort
106
do
L. Ont. Shore RR. ist m. gld 78.
76
do 2d mort. pref..
90
91
do
do
Lake Sup. & Miss. Ist 78, gold.
stock
do
74
do
d)
2dmort.!Lcomt 73:
Leav.,Atch.& N. W.Ts, guar..
Belleville ft 6. HI. R. 1st m. ss
9i
West Alabama 8s, guar
25
Leav., Law. & Gal. Ist m., 108.
PASr PUK COUPONS.
ToL.Feorlaft Warsaw, K.D..
90
Logans., Craw. & S. W. Ss.gid.
,5
ITenncssee State coupons
do
do
80
W. O.
Michigan Air LIneSs
do
Vlrgmia coupons
do Bnr. Dlv.
Mouticello & P. J ervlB 78, gold
consol. Qotip
do
do
do 2d mort..
Montclalr Ist 78, gold
40
Memphis City coopofl?
do
do conaol.Ts
gold
Mo., idin^nA & TexaB

Paclllc

Warren

86.,

H. Ss.
A.merTcan Central 88.
Chic. & S'thwestern 78, guar..
Chesapeake & O. 2d nt. gold 78
Col. & Hock. V. iBt 7a, 30 years
do l8t 78, 10 yearB
do
cio
2d 78, 20 years
do
Chicago, Clinton 4 Dub. 8i.
Chic. & Can. South, lat m. g. "s
I. dlv.,

Aijt

Savannah 78, old
do
7s, new
Wilmington, N.C.,68,gold..
do 8b, gold..,
do
KATLROADS.

Chic, Danv. & Vlucen'8 78, gld
Connecticut Valley 78
Connecticut Western Ist 7s.
Chicago & Mlcli. Lake Shore..
Dan., Urb.,Iil. & P. l8tm.78,g
Dee Mollies & Ft. Dodge 1st 7s.

95

conv., 1876....

Hudson, Ist m..coup.
do 1st m., reg...

Hannibal R.

& Iowa

Ch.D.& v.,

lOU)...

78,1876

.Vtlantic

.

06 )i

coUBOl. 7s

South PaclOc

.

106)4
106

equlpm't bonds...
Jersey Southern, Istm.'is
68,1883
68,1887
68, real estate.

88

.

f. 114

lBtln.8B, 1882,8.

&

Chicago

Ash., old bd8, l03>i
do new bds lOJX
ft Tol. bonds. lOOk 100 S,

Ist.

R. Valley 88

& Warsaw

Qnlncy
Peoria

do
Cons, coup., 1st... 104 Js
104
do
Cons, reg., Ist
96)4
Cons, coup., 2d
do
9e><
do
Cons. reg., 2d
107
Marietta ft Cln., let mort
103V
Mich. Cent., consol. 7s, 1902

Hudson R. 7s, 2d

Erie pref

Hlinmbal

85
3i

104X

do
105
101
101

S3Ji

* Fox

Grand Trunk
Chic, Dub. & Minn. 88...

Kalamazoo ft W. Pigeon,
Lake Shore DIv. bonds

N.Y. Central

Susquehanna

O. O.

Illlnofs

lOi
l03

New

ft

83),

Detroit, Monroe
Buffalo & Erie, new bonds
Buffalo ft State Line 7s

Railroad Stocks.
Central Pacinc

ft

do

Active previoufli/ quoted.)

Albany

ft

new bonds

do

Cleve., P'yille

no

2ddlv.

ft

Indlanap., Bl.

4*
nonfundable bonds
do
45\ 45
Tennessee 6s, old
<4iii ..:
do new bonds. ...
do
45
do new series
do
do
104
lire
Texas, 10«, of 1876
......... 37
Virginia 68, old.
do new bonds, 1866. .. 38
do
1867... 88
do
do
do
do consol. bonds
do
do ex matu d coup
do
do consol. 2d series.,
do
do deferred bonds..
do

I

m

80
Chic. , 1st
Ist m., *91 I13>i

,

VA

Island 68

District of

ft

Hudson Canal,

do
i8ri
luy
do
do coup. 76, 18M
do cuusol. in. 78 •.085,
do
I0i%
reg. 7s, 1894
do
Chicago, Rk. Island ft Pacific. iW
mort
1st
Long Island RU.
do
S.F. lnc.66,'95 99
113
South Side, L. I., Ist m. bonds,
Central of N. J., Ist m., new.
sinking fund.. 73
111
do
do
iBt consol
do
110
Western Union Tel., 1900.coup 98% 98 Si
109X
do con. conv
do
'J'J)4
JTIlxccllaneoiis Lilot
Lehigh ft WIlkcB U. con. guar.
(Mrokeri' Quotations.)
04>i
Am. Dock ft Improve, bonds.. 101
(IITIKS.
Mil. ft St. Paul iBt m. 8s, P. D.
ir6
1G4
2dm 7 310 do. 86), 93 Albany, N.Y., 6s
do
do
106
107
8«X Buffalo Water and Park
do
78. gold. It. D. 96
do
-.00
98
Chicago 68, long dates
do...
*.8t js £
do
do
.05
loi)
loiii
do
78, sewerage
lslm.,LaC.P.
105X
do
do
lO.i
do
105,.
iBtm.l.ftM.D. nx 93
7s, water
do
do
SO
do
7b, river improvement 106
106)4
1st m. I. ft D.. 89
do
do
f8
104
I),
various
do
78,
do
l8t m. H. *
do
106
CIeveland78
107
iBtm.C. AM. n\
do
do
Detroit Water Works 7s. ... 106H
iBt Consol. ... 88
do
do
99'
95
98
Elizabeth City, due '95
do
'2d m.
do
do
ll«
"
•'
'85
99
ICU
Chic ft N. Western sink, fund
104
Hartfordfis
Int. bonds, 104
106)i
do
do
103
consol.bds 102).. 104i Indlananolls7'30s
do
do
95
lOO"
Long iBlani City
ext'n bds
do
do
108
109
Istmort.. 103 •^
Newark City 7s
do
do
cp.gld.bds
WatcrTs
108)4 no
uo
do
do
103
92i Oswego
reg. do
do
do
95)5
106
Poughkeepaie Water
Iowa Midland, Ist mort. 8s
Rochester City Water bds., '93
107X
Galena ft Chicago Extended.. 109
102 V
103
Toledo 7-60S
Peninsula, Ist mort., conv
101
105
Yonkers Water, due 1903
Chic, ft Milwaukee, Ist mort..
HAILKOADP.
Winona ft St. PeterB, Ist mort. 85
70
2.1
Atchison & P. Peak, 6b, gold.. 20
3d mort..
do
do
25
gld,
M
F.
Atlantic
&
Paclllc
L.G.
6a,
109M
C.,C.,C.&lnd's.l8tm.7s.S.
20
80
Atchison ft Nebraska, 8 p. c.
Consol. m. bonds
do
lOS
Bur. ft Mo. Rlv.,Land m. 78
Del., Lack, ft Western, 2d m.
2dS.,do 78... KW
do
do
78, cony.
do
118
:i6>i
1(18
3dS.,do 8s...
da
Morris ft Essex, let mort
108), 110
4th S., do 88.. 108
do
2d mort.
do
do
do
5thS., do8B.. 108
bonds, 1900,. 102
do
do
10»
109
6ihS.,do88.
do
do construction
do
109!
Bur.,C.R.ftM. (M.dlv.),g.78. 22X 26
78 of 1871
do
do
70
Cairo ft Fulton, Ist 7s, gold ... 65
do
do Ist con. guar '.tj7 1G8
107
95
103)t California Pac. RR. 7s, gold... S,N
Erie, 1st mort., extended
68, 2dm., g
7U
endorsed
do
do
do
103'
70
Canada Southern iBt ra
do 2d mort., 78, 1879
1C4
with int. certifs.
do
78,1883
do 3d do
i01)i
78,1880
Central Pacific 78, gold, conv..
do 4th do
103
7s, 1888
Central of Iowa Ist m. 7s, gold
do 5th do
do 3d m. 7s, gold
do
do 7s, couB. mort. gold bds.
ioi'
Keokuk & St. Paul 8b
Long Dock bonds
90),
Carthape * Bur. 88
Buff., N. Y. ft Erie, Ist m., 1877.
o'^:
90X
do
do large bds
Dixon, Peoria & Han. 88,
do

Bonth Carolina 68
Jan.* July
do
April ft Oct
do
Funding act, 1866...
do
LandC, 1889, J.& J.
do
LandC, 1889,A.&o,
do
78

ft

do
do
do
do

.

.

do

Del.

.

North Carolina
A.&O..
do
N.C.KR....J.& J.
do
...A. ftO..
do
do
do coup off. J. ft J..
do
do do off A. ft O..
do
Funding act, 1S66...
do
do
New bonds. J. & J..
do
A.ftO..
do
do
Special ui, class 1.
do
Class 2.
do
do
Class 3.
do
do
Ohio 6s, 1881
do 68.1866

Rhode

lOix
IDl*

coup..l887<

do
do

Cln., Lafayette
102 >..

Rome's,

ft

ie-

Gulf l8t m. 10s

Peoria, Pekln ft J. 1st mort.
Peoria ft Hock 1.78, gold...
Port Huron ft L. M. 7s, gld, end
Pullman Palace Car Co. stock.

.,.

1U4

78.1890

Oswego

Han. ft Central Missouri, Istm
Pekin, Lincoln* Decatur, Istra
Boston & N. Y. Air Line Ist m.

.

donewflo^tincdoDl i3H

do
do
do
do
do
do

107

,

IHK

lioiirtB.

Iowa,

1st mort...
Lafayette. Bl'n ft MlBS., let m.

115

ft Chicago, iBl mort
Louisiana ft Mo.. lRlm.,guar.
St. Loula,.)ack.ft Chic. 1st m.
Chic, Bur. ft Q. 8 p. clstra...

1U6

endorsed
gold !)0nd8

"a,

IllinolB ft So.

JolU't

Conliectlcut 68
68
78,
78,

il

108X
lOlH

S. ft

<io
do
2d m. lOs.
N. Haven. Mlddlefn ft W.7b..
N. J. Midland let 78, gold
2d7»
do
New Jersey ft N. Y. 78, gold.
N. Y. ft Osw. Mid. Ist 7b, gold,
2d 78, conv.
do
do
North. Pac. Ist m. gold 7 3-lOs..
omal aft Southwestern KR.08

19
19
49

.

Chesapeake ft Ohio 68, Ist m..
ex coup
do
do
Chicago ft Alton sinking fund.
do Istmort
do
do luc«nic
do

Mo. R.,Ft.

Wabash, l8t m. extend.
do
1st m.St.L. dlv
2d mort
do
do
equlpm't bds.

do
do
do
do
con. convert..
do
Hannibal ft Naples, Ist mort..
Great Western, 1st mort., 1888.
do
2d mort., 1893..
Quincy ft Toledo, 1 St mort. 1890

Prices.)

bonds.

3d
do ...
do
3d
do ...
do
Boston, nartf. ft Erie, Istmort
guar
do
do
Bnr.,C.Rapld8ftMlnn.l8t78,g

.

do
-88,1888
do
„
do
88, Mont.ft Kuf'laB.
do
88, Aa. & Chat. H^.
1892.
of
do
88
of li'W,
do
Arkansas 68, funded. .•--„,
Ft.SlB?.
-8.L. R.ft
do
78, Memi>hlR &1.. K.
do
l8,L.n.,P.lt.,*N-l>.
do
78,Mll'B.(). & U. UlT,
do
78, Ari. cent. K
do
Ueorgla
do

Kxchangt

& Busq., 1st

ft

SBOrBITlSB.

Bid.

BIODRITIKS.

Bid.

SKOUBITIXa.

may

Prices represent th* ver cent value, whatever the par

on a previous page.

I

15

S
fS
12
16
93

February

5
4
7
6
S
55J4
»
54S

.,

.

THE CHRONiCLE

1876.

19,

5
5
B
b
8
9
5
6

NEW YORK LOCAL
Bank

IV

SKCURITIES.
Inaaranee Stoek

Stock liUt.

fQaoUtlom br

&

fl%.m«rlca*

3,0OO.0F0

J

'American Uxckange.

5MIO.0O0

M.*N.
J.AJ.

Bowery
*:iroaclWBy

3301XX1

800,000
U.IXW.OOO
150,W«1

Central

Chatham

.1

A

J.&

J
J.

Jan.

Cotntnerce

10,000.000

Ci)ntlrio:ital

1,500,00(1

Corn KxchanKe"
Currency

i,aio 000
lOO.OlM
1,000,000
850,000

Pry (tooiIh*
Kaat lilver
Sleventli Ward*
Fifth
Fifth Avenue*
Flrat

.1.*,!.
.1.4 J.

'200,0110

200,0011

Grocers"
rianover

300,000
000,000
100,000
500,000

100,l«(l
1

& Traders'.

1

btaodClty

lOtl.lXO

Leather Afanufaclrs..
Loaners'*
Uanufctrers'& Build.'
Manhattan'
Manul. & Merchants*
Marine
Market.
Mechanics

600,000

Ninth
North America*
North Rlvei*

J.*
A.&

Peoples*

PhenU
Produce'

RepnbUc
Second
Shoe and Leather
Sixth
State of New York...

Tenth
Third

Tradesmen's
Union
West Side*

^isotvoo
200,000

7U

Jan.

Jan.

Nov.

7X

151

57«

7X
10
8
9
10
114

J.
().

7X

Niv. l,'!.!;..*
Jan. 3. •76..
Jan. 3,'76....4
Ian S,'78.3>i
Jan. 3, '76...

7
12
12
12
10
7

104

93

30
99
iill"

i26'

Jan.

3.'76...5

Jan

S.'76.3X

14 '76..

3

Feb.
Feb.
July

12

Jan.

3. '76...

12
S
8

Jan. 3,76...

8, '75. 4

'82"

[(Quotations

by Charles

Otis,

4
4

3,'76...5'

l,'75..5l

Par Amount. Periods

Last

Jersey City

330.000
1,8.50,000

& Hobokeu

Metropolitan
do
certlUcates
do
b nJ8

Y

100

Nassau, Brooklyn

do

25

scrip

New York

do
do
bonds.
Westchester County

.

1,000,000
025,000
496,000
53,000
21,100
1,000,000

..

Certificates

Bonds

WUIlamsburg
do

386,000
4,000,000
3,f 00,000
1,000,000
500,000
3 000,000
1,000.000
7i'0,0C0
4,000,(XX)

People's (Brooklyn)

scrip

Biet'cher .sc.^t

1000,000

yaUonFerri/stock

900,000
694,000

mortgage
Bro<i(twaj/ tt Seventh AvestocTi
iBt morlKagc
Brooklyn ()iii^— stock..
iBt mortgage
Broiidwau iBrooUi/rD—ttocH
Brootli/n ,6 HuiUer'n Pt— stock...
1st mortgage bonds
^.eiarai I'ic, N. A K. River— Block
'stmortRHge
Ckri-topher ,t 'Unth Street— »%ock
mei/Ifiland (t Brooit'n— let morl

2,100,000
1,500,000
2,000,000
300,000
200,000
400.000
300,000
1,810,000
1,200.000

Ori/ Duck, A". B. <t Batter y—ilock

1,200,000

Istmorttragp, cons'd
Mttgh th Aoen ?/e— stock
1st mortga^jc
tldSI. (t flrand ,St ferri/— stock..

9(Xl.l«0

ist

lit

mortgage

Central CroHS
1st

.

'Joion--

stock

.

,

..

I'^iinti/.thtra Street—stocK
Ist mortgage

coiuiiu.

ihuws

'2.'i«,000

1,199,500
850,OIX)

mortgage

*Zhu

203,000
718,000

•-•07,000

,

wnlrrt Ave.iiue—stock
',st

1,000,000

AskO

&0.

'75.

Aug., "75.
Jan., '76.
Jan.. '76.
Sept 20,'7S

M.&S

last

dlvMead

200,000
150,000
617,000
750,000
415,000
2,000.000
2 000,000
600,000
250,000

J»n,.T6.:0

49,787
27,478
123,6:9
3«g.«0l
4,4,019
119.558

Jan..

Montauk

200,0110

National
N. Y. Equitable....
Now York Fire ...
N. Y. & ionkera..

200,000
200,000
210,000
300.000
300,000
600.000

lit

i»

tS3

103,1)54

lis

116

JaJi.,^*..*
K. b.,16..5
J»n.,'7e..5

119

WM
Its

»

Jan.,'•7«...«
Jan., "!6..6

\:i
lis

Jan., '•,t..5
cpt..,15..
Jan.. '76. U
Jan., "16..
Jan., "76. liJan., lt..
Jan., "16. .6
Jan., -76.10
Jan., 'H..5
Jan., •76.. '
Jan., '76.
Jan., "It. '40
Jan., 16. 10
Jan., •76
Jan., "76.10
Jan.. '7S..5
J*n., •76.19

6;,'23ti

115,712
187,759
315,753
1-2-2,4^9

5n,0(«
151.863
.»6,7W>

121,476
231,314
96,618
3i 0.385

W
156
ISO

30
ioo"
175
118
iii'

IS
130

206

i76"
110

HO
110

200
16
170

,Ian., •76. 1^

Jan.,

196,01^1

20,529
436,524
12n.»li

'76..

Ian., •76.10

?I0

Aug.. "15.10
Jan.. •76..

175

Jan.,' "16. .»

O

t.,

Jan

3,5(1,139

.

75.

.6
•76.1'J

Jan., "It.lC
Jan., •7t.I0

165,216
211,514
132.708
536,22!

1.50,000

80
106
147

10
Jan.. -It..
Jan., -71.10 lat
Jan., "76. b lis
Jan.,
Jan., "M..6 in
to
Jan., '111..

•.4,96)

.Jan., 76.10
Jeti., -7«.l?
.Ian.. 16
Jan., :6 5

12. l«

Kepubllc

00
300,000
300,000

Kldgewood

200.0(10

Hesolute
Rutgers'
Safeguard
St. Nicholas
Standard

200,000
200,000
200,000

68,877
90,441
191,749
90,597

3(X),000

t6 1,403

200,000
200,000
300,000
300,000
150,000
250,000
350,000

131,506
78,«HO
71,077
165.369
133,966
346,825
tl62,560
256,690

200,1

Stuyvesant
Tradesmen's
United States
W..stche«ter

Jan.,'7».ll'
Jbii..'76..iO
let., "79. 10

(3,007
135,79«
t839,C97
90,653
1885,281
28,741
143,1K2
77,712

1,000WI

I3»

i»'

Jan., "16.."
Jan ,-7«. .5

3-26,2-24

3.50.000

181)

MO

J»n„^•..6

91,940
19,931
522,ae»
898,751
116,673

200,000
200,000
150,000

175
120

Jaii.,'7« 10
.Un.,"i».7)<

8n,264
121,317
83,445
79.3«3
169,447

200,000
150,000
200,000
200,000
900,000

Jan. "76.5.60
0.;t.,TV15
Jan.. "6 .7

92.615
94,133

380,000
150,000
300,000
150,000
200,000
800,000
300,000

Mechanlcs'(Bklyn)
Mercantile
Merchants'
Metropolitan

Jan.."!"..
J.n.."lt.i6

u.axt

1S«,2«1

Mech.&Trad'rs'....

lii"

"ai"

"it. .5

43,051
101 ,002

140

mi
100
loa

6.

Jan.,
Jan.,

6.. 6
Isn., •76 .5

Feb., '76.15
Jan..'76.7^
"eb.. "76. .5

180
'

iso

Jan..'76.6.6
Jan.,''76.7H

Aug., '75 .5
Jan., 76.10
Jan., '76.1!

Jan

,

"T6..I'

Feb., •76

Jan.. 76.10

re-'.nsurance. capital and profit scrip
t Stock dividends of 25 per cent by the Hanover and Westchesttr, K) per cent
by the Home, and .TSX per cent by the St. Nicholas, have since been declared out
of above net surplus.

*'.6
,

Oct.,

F.&A.
J.&J.
J.&J.
M.&8.

Kb., "76. 10

IH.WI

174,6-,2

2.50,000

Phenlx (B'klvn) ,.
Produce Exchange

,Ian,.*76.l0

J an., '76.. -.0

3U».II*4

150,(XI0

'!50,000
WHllamshnrg City.
' Over all liabilities. Including

CStr Securltie*.
[Quotations by Daniel A. Mobak, Broker, 40 Wall Street.]

J.&J.
Jan., '76

J.

Jan.,
Jan.,

Bondidue.

&

76

yeiv York:
Water stock

J.

J.&J.
J.&J.
J.&J.
J.&J.
J.&U.
Q-F.
M.&N,
J.&J.

3
7

Jan.,
I

.,

1880

Jan., 76
1884

Nov.,15

IK

1873

101

Jan., 76
Oct., '75

J.&D
J.&

J.

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

&

F.&A.
A.&O.
M.&N.
M.&N.
J.&J.
Q-F.
J.&J.
J A J.

1877-80

96

97

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

IKT-Tt

lUI

Wi

96

Vt
105
10S

Floating debt stock.

Feb. .May, Aug.& Nov
May & Novc'nher.

Nov.,

'75

Water loan
do
long

'75

lOO

1873

Jan,, '76
1877
1876
1895
1889

100

1890

Nov.,

70
1(10

NOT..'75
"75

1)190

Jau.,'76

M.&N.

uo tieckt. Also date of a:a',artiy of ioiuH.

.

1863.

1869
....1869,

do
do
Nt.w Consolidated
Westchester County
Jerfiey VUy:

Jan.,

Nov,,

1860,
.
1865-6S,

.

Market stock
do
CO
Consolidated bonds
Street Imp. stock^

J.

<a.-F.
.1. &I).

May Aug.& Nov

1M1-6S.

Improvement stock....

j'.

«-F.

Months Payable.

1854-57,
do
Crolon waterstock..lEH.5-51,
do
..1852-60,
do
Croton Atiued'ct stock. 1865,
pipes and mains
do
reservoir bonds
do
Central Park bonds. .1853-57.
do
do
..1853-65,
Dock bonds
1S70,
do
l'-75.

Soldlors'ald fund

J.&J,
F.&A.
J.'&

Kate.

'76,

F.&A.
J.

Pwiox

iNTKHHaT.

100

J.

It,

110

Jan., '76

M.&N.
M.&N.

ax),ooo
797,320

Avenue— stocK

1st mortgage
Second Avenue— stoei
1st mortgage
2d mortgage
3d mortgage
Cims. Convortl lilc
HtAlh Avenue- stock...
Ist mortgage

650 000
307,000

A.

Bid.
*76

5(K),000

mortgage

illHth

Jan

l.'2CO,0CO

Manhattan

Mutual.N.

Jan.,

2,000,000

Builders'.

210,41:

212.J78

300,000
300,010

Manhattan

Star
Sterling

dividend.

p;

Brooklyn Oae Light Co
Citizens' Gus Co (Bklyn
do
certillcatcs
Harlem

',

Uellcf

Exchange Place.]

47

2(H>,000

Peter Cooper. ....
People's
1S2X

IJa.l. l.'7'i..4l

Broker,

Importers'* Trad.
Irving

Park

Ca« and CItr R.R. Stock* and Bonds.
Gas C0UPAXXB8.

150,000
500,000

Pacific

f6"
103

Jan.2'71.2><g

s

3,ltXI,000

Hope
Howard

Niagara
North P.lver

»ik

Julvl,'75...4

3, '76-.

150,000
500,000
200,000

(B'klyn).
Nassau (B'klyn)...

1,'V5...S

.Jan.

:w),ooi)
'J00,000

-

1(0
113

Dec.ai.lS

SlJOt

'200,000

'<«

;en.,*!t..9
Feb.,'76.10

2«t',BTl

1,000,000
500,000
200,000
300,000

Lenox

Ulli...!'
3, '76.. .5

Jan.
INov.

200,000
200,000
301,000
150,000
150,000

Manuf*

Yvh.
Jan.

Julyl8,'?4.3s

I'

Kxcnangu

Lorillard

Julyl,'74.8>i
Jaii.3. 7'i...6

8«

10
10

'200,000
300,0)10

LongIsland(BkIy.)

'73...
3, '76.. 3
3.'7fi3'?.'

Nov. 10. '75..

Kinplre City
EiTiporlum

Lamar..

1HJ4

"re.SH

Mav.
Jan.
J«n.

300,000

Knickerbocker

1,'75...7
3,

Kagle

DM. Aek4

Jsn.,*76..9

.

300,000
'200,000

1,000,000

Lafayette (B'klyn)

net ;,';5. .4
Nov. IO.'75..4
Jan 8, •76...5
July
Jan.

Fire...

Commercial
Continental

Jefferson
Kings Co. (B'klyn)

','75.,,

N3V.1,'75..5

10
9

8110,000

Home

3, '76...
8, '76...
3, '76,..

Jan.

in
10

Columbia

HotnnRll

10, '76. .4
10. '76..

July!,'7r>..3>i

......

City
Clinton

Hanover

Fe'.).12.'74.SJ4

Jan.
Feb.

9
10

IS,4W
106,<8<
390,175
7.771

Guaranty
Guardian
Hamilton

3, '76,..

Peltf.

Jan., *)•..»

200/100
810,000
300,000
300.000
159,000
900,000
310,000
350,000

M'lat'rs

Oebhard
German- American
Germanla
Globe
Greenwich

.;a.i!'3.''76.!!6

3K

.J.&.I.

2,000,000
1,000,000
300,000
300,000
1.000,000
200.000
a.ooo.ofo
1,000.000
1,000,000
1,000,000

Nicholas
Seventh Ward

Jan,

J.&J.

1,800.(HIO
2.50,000

St.

3, '76.. 3
Mel.. 1, '75..
Jan 1,'7«..

M.&N.

300,000
422.TU0
2,000,000
412,500

Park

«

'75..

;

I,n5..Sl.i

Um LMt

W'.OW

&

Karragnt
Firemen's
Firemen's Fund...
Firemen's Trust..

'71.. .8

Jan.

"ia"

J.& ,1.
J.&J.
J.&J.
J.&J.
J.&J.
Q-F.
J.&J.
J.&J.
J &J.
F.&A.
F.&A.
J.&J.
J.&J.
J.&J.
J.&J.
M.&N.
J.* J.
J.&J.
J.&J.
M.&N.
J.&J.

153
130

ITO U7I

Jan. ,'76. .5
JaD.,'n..4
Jen., It.,

Commerce

.Vanls.'ie.'.'.i

,I.& J.

500,IXXI

PaclBc*

Ucc.

.!.& J.

l,500,0f«
1,000.000
400,000

Oriental*

Miiy,

300,000
3UU.00U

1873

Jaa'M.13H

Brooklyn

Mnyl,'74...1

S
14
10

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

75..4

9,

Feb. 1,

20

J.&.l,

1,000,000
3,000,000
200,000
500,0fO

"..

ct

Araerlcaa Exch'e.

« Wall atreet.)

UlTIDIKDB.

lA.TM

CItlzeus*

80
139

75

Jan 3, *76.. .4
Nov. l,15.,-5

8
3
7
10

F.& A

2-'0,000

SewTork
New York County....
Y.Nat.ExchaDKC.
NY. Gold KxchauKO

"'io'
3

.I.&.J.
J.& J.
.1.* J.

1,000,000
3.tOO,0CO
1,000,000
600,000
4,000,000

•N

j.&.r.

'.J'

600.000

Nassau*

U'2-S

K.& A.

500,00(1

Hill*

8

M.&N.
A.4 0.
F.* A.
M.&N.
M.&N.
M.&N.
M.&N.

j','&

2,050,000
300,000
400,000
1,000,000
2,000,000

Julyl.

"ij'

M.&S.

W

Mercantile
Merchants
Merchants' Ez
Wetrepolls'
Uetrapolltan

U

.J.& J.
.J.* J.

500,1
4:,0,000

Much. UI(K Asso'tlon..
Mechanics & Traders..

7

.i:* J.

,I.&.I.

'500,000

Irvintr

.1.

y-J.

i'000,OOU

?UI,000

.1.*

y-J.

rKJO.iui

Greenwich'
Oranl Central'

.1.

«x>im

Broaiway

300

.'an. 10. 7«3>..

.I.*.T,
J. 4k J.

"900,000
1

,!.&

200,000

American

Brewers'

'76..

1,''T6...5

AlttM

Bowery

'7«..2.'i

Jan. 5. '76...
Feb. 1, 76.. .5
Julyl, '74...
Jan. 10,,'(«.2s
Jan. 3, ';8...4
Jan. :i, 7« ..8
Julyl. 78. 2>)

F.&A.

a>0,000
190,000
iuu,too
600,000
5 000,000

Konrth
Pulton
Oallatm
Oerinan American*..
German KxchauKO*..
Ge.'manla*

Feb.

3(10.000

Arctic
Atlantic

16...
'

Ian. 3,

AdrUtIc

Amliy

3. •1».. .5

Jan. 2

Q-K

l.tKXI.OOO

i,

•Ian.

.I.&.I.

31X1.000

Citizens'
City

Murray

.

115H

NSTMU*

PLUt,
Par Aniouut. Ja>. 1.
UTS.'

Askd

.Ian. 3, '70. .6
Jail . 3, 1J..1S
Sept.! .'75..
Jan. 3, '76... 5

ev. 2 inoB
UiW.OOC
J. A,).

Chemical

Importers'

Jan. 3, •7«...5
Nov.l. ^5...4

M. AS.

a»,oou

Head'
Butclior»*Oro»er»..

v^uIl'B

Harlem'

Bid.

iaT4

,1

l,OOu,00

-

.

.

Llat.

K. 8. Hailst. broker.

Capital.

^Marked tliiii () arc
ParlAmount. Perloda.
notNatlonal.

9

215
100
140
110

var.
var.
var.

1852.67,

Arooi:Ivn-[Qnotatlone by N.
Local ImprovementCity bonds
do
« .,...
Park bonds
-Water loan bonds
BrldfreboDdB
-vi(ater loan
City bonds ..
Klnffa Co. bonds
do
do

Brooklyn bonds Hat.

do
do
do
do

1890
188»-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
1901

IHR
do
do
do
do

do
do
do
do
do
do

do
do

Janoary

& July.

.,

do
1869-71
1866-69.
Sewerage bondi
Assessment bonds. ..1870-71.
Improvement bonds
Bergen bonds
lS68-«t.

•All

Feb.,

January & July.
do
do
Jan., May, July & Nov.

January and July.

Buns. Jr.,
January
do
do
do
do
ao
do

Hay &
40

1878
ie»(-»7
1876
1888
1879-90
1901
1888
1879-83
1896
1891

July,

du
do
do
do
do
do
November.
do

10!>i
:oi

igx

114
105

97
100
114

lUcS
101 >,

113
•:oi

103 )t
1(5
lit

IMS
K4),
1:8
lot

96
It

105
115
105
102
113
103
103
114
115
105
lOS
114
107

18

18T7
1898
1899-1902
1876-79
1876-91

100
100

97
106
101
10"

IMS

101

1(6

104

loss

1S76-1900

Broker. 3S Wall

&

lias

it.]

1876-80
1881-99
1915-2<
190S
1915
1«B-I90li
1881-95
1880-88

l37V«i

ICl
108

IIIH
111

1!1« 113
:m
104X
II

2\

105

100

104

1(8H

.

.

.

THE CHRONICLE.

IfeO

3 uu

e

s

t

in

c

uts

AND

STATE, C1T¥ AND CORPOBATlOiN FINANCES.
The

" Investors' Suppiemenl"

is

of each month, ani furnished to

published on the last Saturday
all

regular subscribers of the

Chbonici.e. Na single copies of the Supplement are sold at the
otfice, as only a sufilcient number 13 printed to supply regular
Bubscribers.

KECEIPTS.
RcceiTed Tor coal soH and delivered, earnings or canal boats,
rents and iulerest
$763,150 01
(.2,76ii 83
Coal on band, value
tSSB.OlG 83

.

and contingent expenses
Scrip and bond iuterest to March I, 1876

,.

Earnings of 1875
Surplus, Dec. 31, 1874....
Deduct dividend, March, 1876, of profits of 1874
Addearnliiffsof 1875

$27,536

41—

27,533 41

$264,150 46

GOAL SENT FROM UINES,

To
To
To

1875.

Baltimore
Canal

Totals

$330,545

January
Pebrnary.

March

Jnly

44,395 84
7,101 46
18,732 i>l
9,918 SI— 73b.!)O0 66

and

Present snrplns

August
September
October

$24,9)0
28,338
26,302
22,329
27,948
28.0f3
27,438
21,677
30,443
28,015
29,882
32,636

June

$89,016 30
$847,700 57
45,000 00—205,700 57
89,016 10

for depreciation on canal boats
other personal property

456,96101

31, 1875.

Kentucky

Tennessee

Division.
$280,305 14
279,6011;

Division.

$81,787

21

131,342 39

tons.

66.S.38

122,774

line of railroad

520
180,232

BALANCK SHEET. DEC. 81, 1875.
AmeU.
Liamuies.
$
Lands and realcft'eat mines. 1,542,365 Ca ital stock
Real estate at Jersey City
100,710 Unpaid dividends
Mine improvements
20,000 Dividiiud scrip...
Cash
46,916 First mortgage bonds
Wharf imp'vem t at Jersey C.
2,100 Mortgage on wharf property,

Mi seel' s.

Freight.
$78,179

Pa.''seng'r,

May

$891,716 87

Deduct allowance

Mnntlis.

November
December

April

—

$485,560 80
Canal and railroad Irannportation
Mining, superintendence, labor, &c
171,190 74
Shipping expenses, Alexandria, Baliimore and Jersey

Salaries, office

Louis

Division.
$616,986 41

Net earnings
160,024 37
703 97
9,555 18
OOXPARATIVE STATEMENT OP MONTHLY £ARNI.\6S FOR TUE ENTIRE LIME V%
THE FISCAL YEARS ENDING OCTOBER 31, 1K75 AND 18'i4.
Mail, Express and
1674-1875.

American Coal Company.

Taxes

OCTOBER
St.

Loss.

{For the year endiny December 31, 1875.)

City

fact, 1 have already arranged with the holders of about $56,000
of this indebtedness, secured by lien on cars, to surrender it at 20
per cent, discount, if paid during the coming year. I estimate
the net earningB for the year 1876 at about f340,000. This ia
based upon the fair crops of this year, our late restoration to a
share in through traffic, and the continuance of the running of
the road as part of a through line to Nashville."
EARNINGS AND OFEIIATINO BXFEN8ES FOR THE riSCAL TEAn ENDIKb

Gross earnings
Operating expenses

ANNUAI. REPORTS.

EXPENSBrt.

[Fek-a.ry 19, 1876.

Total.

$4,498

$102,f'«8

102.911

67,.o76

6.128
4,301
4,133
4,6:3
4,838
5,862
5.8 4
4.649
4,629
4,085
4,648

$6.32,351

$56,1P1

Ofi.lMl

.M,929
53,624
57,-i77

51,094
411,932
3li,060

3i,053
41,068
51,703

8I..'536

80.087
89,980
8.\935
7S,!24
6-,0!S
67,145
78,618
88,676
104,855

$1,019,077

X
{For the year endiny Sept. 30, 1875).

At the

close of the fiscal year, bept. 80, 1878, the debt of ths

company was

as follows

:

Balance of loan to State of Virginia
Other mortgage debt

$ 508,488 00.

Total mortgage debt ($23,820 per mile)
Floating debt
cnrront balanre^'. less assets on hand

$3,553.886 00
288,269 98

3.015,400 00

am

Total debt ($25,752 per mile)

$3,842,155 98

During the year an arrangement was made with the Pennsylvania Raflroad Company by which the Richmond & Danville

Company

is relieved from all collateral liabilities incurred on account of the Atlanta & Richmond Air Line road. The only outside liabilities of the company are as guarantor of $15,000 Roag
2,339
44," 81
oke Valley and $13,000 Northwestern North Carolina bonds,
114.500
the bonds issued under the mortgage of Sept. 1, 1873, have bed
recalled and the deed cancelled. Of the bonds issued under tfl
Personal property at mines.
Jersey City
87,867
50,000
Personal property at wharves.
4,014 Interest on scrip and bonds
general mortgage of Oct. 5, 1875, the board has disposed
Bills receivable.
toMnrch 1, 1876
18,506
7.076
$1,093,000 at 80, the floating debt having been largely reduo
Accounts receivable
108,056 Accounts T'ayable
18,210
from the proceeds.
CAual bouts and barges
51,090 Insurance fund
3,613
Advances on wharf property.
6,000 Surplus
264,130
Of the bonds issued in 1867, under the mortgage of that dalj
Office furniture
8.57
the sum ot $333,800 matured during the present year. 01 the
Value of coal on hand
62, 166
1,P99,652
$300,900 have been presented for payment, and such of them
pro-" r
1,999,652
have not been paid by the company have been satisfactorily proIt to..
to.
vided for by agreement with the holders, who are content
St. Lonis & Sontheastern Railway, St. Louis Division.
retain them, receiving prompt payment of the semi anau
{For the year ending October HI, 1375.;
interest.
A portion of the annuity to the State of Virginia
Mr. J. F. Alexander, Receiver of the St. Louis Division, hag the year has been paid since the close of the present fiscal yelj
made a report to the m' rtgajie trustees, from which we condense The whole f the interi-st on all other outstanding obligations!
the following. He says " The annexed statements, furnished by the company has been promptly paid at maturity from the or'
[>r^H
the Auditor, include the other two divisions and the totals lor nary revenues of the company.
the whole consolidated road, for the purpose of comparison with
The earnings were as follows
'
former years, as well as each division with the others but in
1874-75.
1S7S-7i.
speaking of the road in this report, the St. Louis division only is Passengers
$2,59,243 85
$2.50,012 88
666, -5,50 05
673,045 47
alluded to, except where other parts, or the whole road, are spec- Freight and other sources
ially mentioned.
By refereuie to these statements it will be
Total
90
$923.057 85
$925,798 ""
seen that the total earnings for the year were ?616,y8o 41, and Working expenses
599,610 22
697,682
thai the operating expenses amounted to $45(),961 04, leaving
Net earnings
$323,447 68
$328,110;
$160,024 37 as net earnings. This shows quite a decrease in
Notwithstanding the increase of tonnage, there has been
earnings as compared with previous years but this year was one
of remarkably light traffic among Western railroads generally, decrease in revenue, caused mainly by low rales caused by the
and particularly so for the Southeastern. J5y a combination of competition of the Washington City Virginia Midland & Great
the competing lines, this road was prohibited from doing sny Southern at Danville. A loss in business from the same caase
through bu.sintes, except at ruinous rates, during the whole of has been more than made up by the growth of local business and
this year up to the latter part of Sevitember.
The combination the through traffic from beyond Charlotte. The operations of the
was between the Louisville & Xashville Railway and the Nash leased North Carolina road were .as follows:
$593,429 68
ville & Chattanooga Railwiiy, each road being interested in lines Earnings ($2,661 per mile)
••
409,756 68
both north and south of Nashville. These difficulties have been B.tpenses (69.22 per cent)
met and parlisDy overcome by the most rigid economy in every
Net earnings (4821 per mile)
tl83,k73 00
department. While the gross earnings show a material falling
This shows a decrease of $.'55,584 71, or 33.8 per cent, in net
off, it wil! also be 8' en that the operating expenses were very
earnings from the previous year. During the year the ;j;aiige of
much reduced being about f40,000 less than for the year before. this line was changed to five feet, much to the convenience of this
The expenditures for improvements at East St. Louis and some company in working. The coat of the change was $53,76tf 44.
other necessary improvements during the year amounted to
Mississippi & Tennessee Railroad.
$45,733 55. Similar expenditures will not be rtquired again for
(For the year ending September 30, 1875.)
yeara to come.
"The order of Court appointlLg me Receiver authorized me to
The report says: The great decrease in our gross earnings wag
pay, out of net earnings, certain claims against the company for caused by the unusual short cotton crop of last season.
The
liens on real estate, engines and cars, labor, mAterials, supplies, cer- decrease in receipts of local cotton to Memphis Is 10,858 baSes,
tificates of indebtedness issued for labor, balances due other railand decrease from local points to New Orleans 1,353 bales, showroads, and overdrafts at bank
in all amounting to $389,839 54, as
ing a falling off in the cotton crop on line of road of 13,169 bales;
scheduled by the Auditor. During the year ^103,513 84 has been while there is an increase from our connection, in receipts at
paid on these claims. The balance unpaid could probably all be Memphis of 839 bales, showing a total decrease of 11,378 bales in
settled within the next year, if the whols of the net earnings receipts at Memphis.
could be used for that purpose; but in view of the fact that the
The shipments from Memphis to New Orleans show an infirst mortgage bondholders, not having received anything on
crease of 8,931 bales over the past year, but this cotton was
their past due interest, will probably insist on having a portion carried at a very reduced rate ot freight, in order to thoroughly
of the net earnings, after January 1, 1876, set apart for their establish our line and to meet the strong competition of the
benefit, leaving the remainder for taxes, necessary improvements river.
and the liquidation of these claims, it will take a much longer
The company sustained little or no loss by accident, and we
time to pay them off". It is thought, however, that most of them now find ourselves with oar roadway and equipment all in good
can be compromiBed and setthd at a coneiderable discount. In order.

$

i

,500,000

.

.

:

i

:

:

;

;

—

—

i

;

reanaiy

Th8 «roB8 carnioK" f»ra
(ipcratlni;

»l^l

«ouroo«_\c_f^^^^

:

*S?'?,'2
2lt.S78 I*

exponscs (IcM matetla' on hand)

Nut earning:

$211,33!J 71

(Oper-tiuij cx(iuuse<, 53

li>

per

cisDl.)

Operation!! of tiiis road durinjr the fiscal year wers as Jollows
"
"
Operating
Rrjxmei.
Earnings.
^li'.iWS 4S Conducting t'aueporuitton 863,975 M
powiT
Motive
7.'i.7'l8 6S
Kr«lght.

"-

;

Passonpcr

M;iiuleiiaiic» of cnrt»

Kxuru'«8...

d3,H47 ii
71.8BH B^

Mall

M lintename of

I'rlvilegM

DoScit in Invonto y

10.4^20

Total uxpcnuos.

»J44,57a tS

Total rucclpla

8455,910

...

.

way.

'...

This shona a decreaSK in gross earnings of $44,831 5), a decrease of $13,303 17 ia net earnings, and a decrease of 4>31,518 SO
in expenses of previous year.
have now on hand 13 locomotives, 1> of which are in good
order, 3 in ruaniug orJer, 1 in (shop f.>r Ijoilur and general repairs.
From the earnings of the road we have kept it in ^ood repair,
and made such additions aul improveiuauts as our reduced
havo paid promptly all interest oo our
income would permit
funded and Soatiug dubt, besidt^a having reduced our Uiatin^

W«

;

debt $37,030 39.

G-EtTERAL

INVESTMENT

They will proceed with the foraeloaare o£ the flr»t
cnnBoUdatud mong^ge la the usual manner. Before doia^ ihii,
liowuver, they amie that tUey are dvairoua of offeriog every
facility to the shareholdera of the Company to pay the proposed
assessment of the shares, and thus to enter Into the orgaDizatlonoo
a 1 asis which will not only reatore them to a proprietary iataresi
in the road, but will also increase the value of their bares,
as their payments will decrease the value of interest, and will
bring tha Company nearer to a dividend paying condition. If
the shareholders do not contribute to the reorganization of the
(Company, the road must be closed out In Ihe usual manner, and
they will lose all title to the property, as the mortgage bondholders cinnot be expected to sacrifice their own interests for psople
who will not make some effort to protect themselves.
The London Jluur has the following " We understand that
the assents given by the bondholders and sbrLreholders to Sir
I'Mward Watkin's scheme for the reorganization of this company
are as follows
tUe ocean.

—

& Wroat Western.—The London JVeim of the 23d
says: " At a meeting today of ihe firat mortgage bondholders
of the Atlantic & Great Wostorn UK. Co., tho following reeolu1st. 'That this meeting coa6rms the appointlions were pacsed
ment of the existing Firat Mortgage Bondholders' Committee,
and approves the measures they have taken on behalf of the
bondholders, and requests them to continue their services until
the reorganization scheme is carried through.' The following is
a list of the names of the Committee J. C. Conybeare, chairman
George T. Rait, T. B. Forwood, J. Lockington Bates, T. Sheliuerdine, John Caw, Jr., T. P. Qaskell, .lames Wilson, M. J.
O'Shaughnessy with powtr to add to their number. 2d. 'That
the necessary expenses incurred by the First Mortgage Bondholders' Committee iire a legitimate claim on the reorganization
trust funds, and subject to the approval of the trustees, be discharged.' 3d.
That this meeting approve of the revised official
scheme of arrangement, and request the committee to co-operate
with the reorganization trustees in an application to the Stock
Exchange for a quotation of the certificates to be issued by the
trustees in exchange for the bonds deposited with them.'
"A meeliiig was also held of all classes of bondholders of the
above coiupauy, when the reorganization scheme was approved,
and it was requested that the trustees should continue their
:

:

;

—

Anenta.
conaolidated mortga^^e bonda.
Morgan's sterling bonds
C'lnvertlblc gold bonda
3d consolidated mortgage bi»UU..

t«,»o,ooo out «f $ii,ane,(iM

Ist

tiSSM

cerv'ces."

California Pacific Exteiislon.— The Amsterdam committee
bondholders asks for deposits of bonds to carry out an
agreement with the Central Pacific, by which the latter agrees
to give $2,000,000 fl per cent, bonds with its own
guarantee for
the $3,600,000 Extension bonds.
of

Bellevue Gazette says that C.

Miller, ot Battle Creek, and Mr. Reed, of Cassopolis, have just
taken a contract to grade that portion of the gap between LanF.

sing and Vernon, the junction of the Detroit & Milwaukee Railroad, a distance of thirty miles.
They will commence operations
ahout April 1st, and expect to complete their work about May
15th, and the rails will be laid some time in July.
The Chicago

& Lake Huron Company

will complete the ten miles northeast of
Vernon, and expend about $.50,000 in new ties, rails and grading,
in improving the two divisions for through traffic from
Chicago
east.

Columbia.— The Senate Conference Committee, on

the disagreement of the two Ilouses on the bill to pay the interest
the S.Uo District of Columbia bonds, made a report on the 15th.
I'lie bill as perfected is as follows:
That the Commissioners of the District of Columbia aro hereby directed to
transfer to the Treasurer of tho United States, for the payment of
the interest
due the 1st of February, ISTIi, on the bonds of said District, issued under
the
provi-inuof the act ot Congress, approved June 20, 18T4, entitled
"An
act for
Mc u'ljvcrnment of the District of Colnmbia and for other purposes," the
sum
Mil -.wsiry 10 pay the same
from any unexpended appropriatlona heretofore
yy Congress, or from any reserves derived by taxation on the prsperty
or suHl District of Columbia, subject to the
reqnisition ot said Commissioners,
oxcludiuK funds raised for the support of public schools, provided that any
rurilier issue of 3.6S bonds, under or by vlrt»e
of said act of ConK>-oss, approved
hereby prohibited; and provided that said Commissioners
K i^^' ''
^re lierby
directed to discontinue all work and labor on streets, avenues,
^>riilgi?s. sewers, canals,
and structures of every kind, the payment for which
'j^to he made in 3.65 houds of the District of
Columbia ; and provided, fnrthsr,
mat so much of the Sixth section of said act of .June 20, 1874. as admits and
requires the First and Second Comptrollers
of the Treasury of the United
Btaes to audit and adjust the noating and unfunded debt
of the District of
• """' '"^'"^ certidcates therefor, be,
and the same is hereby repealed
. .'1!.
nut this proviso shall not prohibit the audit and
issne of certiflcatea for claims
lor work and labor
already performed, and materials fnrnlshed not, how^"<'<"'' '" 'he aggregate of certificates the sum of
$15,000,000, irclndi,y
.V
'"'^'^ already been converted Into 3.65 bonds of the District of

••

4.8(8,000
10.000,000
14,4O0,arO

I,MO,000
«,«I8,900
4i0,00O
3,099,100

Total

'
"

SAW.SIO
78,000,000

$1»7,6»S,»10

I10,6o9,100

—The

result, therefore, is that only aboat one-twelfth of the
several classes of securities have sent in their assents, and consequently Messrs. Miller and Fleming, representing the Dundee

bondholders, have

left for

New York

to

endeavor to arrange

some other scheme."

—

Receiver Qeo.
Cincinnati and Lexington.
his monthly report of the cash receipts, disbursements, etc. In compliance with an order of the court, he
also submitted an inventory of the property transferred to him
by the late receiver, the value of which amounts to $813,078 90.
The monthly report js as follows

LouisTille

MacLeod has

filed

:

HXCEIPTS FOR JANDABT.
Jan. 1 to cash on band from last montb
Jan. 31 to cash received during month

'

District of

:

Ordinary shares

Atlantic

& Lake Huron.— The

>

181

I'refereoca share*.

N£1\V3.

\iU.

Chicago

:

: .

THE CHUONICLE.

li76.]

Is^,

:

$S40,.)S7 T9

11<,98> 47

Total

$4«l,.')00

DISBURSEXXNTS FOR JAHCABT.
by caab paid out dnring the month.
By cash on hand

16

$106,386 98
a5i,9M S8

.Ian. 81

.

Total

$459,800 86

The following

a statement of the earnings and expenses
proper for December, 1875
ia

:

Gross earnings
Operating expenses

.

$98,907 58
65,814 33

.

.

Net earnings

$S8,&98 ib

Other necessary expenses and

8,940 50

liabilities

Net proceeds
$39,65! 15
The earnings, expenses and net profits of the several properties operated by the late Colonel Gill, receiver, from Sept. 21,
1874, to Dec. 3, 1875, inclusive, were as follows

—

Earnings of all line;
Operating expenses, ordinary
Cost ef ties and rails put In track

$1,396,886 11
$916,958 01
138,537 37—1,084.490 38

Net transportation earnings
State tax, rentals and guaranteea

Net

$34-1,846 03

'.8,33185

profits sf road

$349,814 18

The earnings, expenses and net profits for the year ending
Dec. 31, 1875, were
:

Gross earnings
Operating expenses, ordinary
Cost of lies and rails put in track

$1,183,961 97

$716,33 i 33
104,373

87—

Net Iranspirtation earnings
State tax, rentals and guarantees

830,594 69

til3,V>7 iS
76,993 33

'111

,.

Ket

;

Colu

h"""

^' fiat there shall be no Increase in the present amount of the
'"'^"''^dncss 9t the District of Columbia ; and any officer or person who
11
increase, or aid or abet in increasing snch total indebtedness,
11 P'i"'=""ly
h
snai bede-med guilty
of a high misdemeanor, and on convlotlun thereof
na tic punished by imprisonment not exceeding

i„?'i'7'P'i

h

I

exceeding $IO,COO.

ten "vcars and byline not

Erie Uailway.— Messrs. Rubert Fleming and O. G. Miller, the
( oaimitteeanpoiiited to represent
the London bond and etockholders of ttie Erie Railway Company,
arrived in this city last week.
The I'ribune reports Messrs. Miller and Fleming as saying that
the object of their mission
has been told in the report of the
meeting of shareholder?, heretofore publish* d. They aro to
*"*''''*

''""^'1* of reorganization proposed on the part of
'^VJ
Sir Edward
,in, with such alterations and modifications as
iliey may find necessary
to complete the plan snccessfully, and
without the delays and complications of correspondence across

W

—Bonds to be funded may be

sent to the
Commissioners at Mobile, or to W. H. Hays, Esq., No. 6 Broad
street. New York, who will receive the bonds for settlement.

Nashville Chattanooga & St. Louis.— The receipts and
expenses for January, 1876, as compared with the same month of
last year, and for the seven months ending with January, wereaa
follows
r-3even months endiog—
Jan

/—Month of January.^

i

1

$836,364 00

profits of road

Mobile City Bonds.

Receipts

Expenses

Neteaminga
Interest

accruing

.

31.

1875
$149,180

187B.

1875.

$17.3,3S5

11.5,954

100.085

$1,073,967
786,806

$1,018,347
59?.637

$33,336

$73,399

.356,160

458,730

1876.

on

bondeddebt
SorpluB

36,.')10

385,570

$36,789

$197,160

This shows an increase in net earnings in January of $40,033,
and for the seven months of $116,559.
New Orleans. The recent message of Gov. Kellogg makes

—

the following review of the city's financial condition
The financial condition of the city of New Orleans is such as to
render some legislative action imperatively necessary.
The
present city administrators, as far as I am able to judge, appear
to have labored to the best of their ability to establish economy in
the different departments of the government, but notwithstanding they have very largely reduced expenditures, the financial
• The quesembarrassments of the city have increased. »
tion now is, how to surmount present embarrf ssmenta and now
to carry on city government in the future in the most economical
:

and

efficient

manner.

The total bonded and fioating debt
OB June 30, 1875, was $38,388,900 80.
and personal property ia the

of the oily of

New Orleans

The taxable value of

city is $134,582,002.

real

1

:

THE CHRONICLE.

182

The delinquent taxes now due the citv for the last sir years
are $3,353,175 66.
The estimated revenues of the city from all sources, including
a direct tax of one and a half per cent, for the current year, are
12,319,183.
The adopted estimates of expenditures for the year equal the
amount of receipts, and leave unprovided for
Past due interest coiipor.H on city bonds, including December, 1875. $1,295,057
:

$1,450,000
Current interest on ciiy bond**, about
Less amount apprupriutcd under head of '* C ty debt, interest and redemption," presuniil ly in connection with
807,500
tlie premium boud plaa

of current interc't
on apportionment of Metropolitan police
Ueflciency on estimated cost of public schools

r>oficiency

di flclency for 18?6 to be provided for
a total exisllug dettciency for 1875 and 1876 of

$I,.398,770

Total

Making

1

19, 1876.

the funds in his hands, arising from the foreclosure of the
mortgage, whereby said bonds were secured, upon presentation
to him of the bonds held and owned by them respectively, at his
office, 34 Market street, Poughkeepsie, N. Y.
Rockford Rock Inland & St. Louis.- Mr. Henry W. Bishop,
Master in Chancery, has filed his report of the distribution of the
proceeds of the Rockford Road, in accordance with the terms of
the decree entered a few days ago. The clerk of the Court also
acknowledged having received from Mr. Bishop the sum of $553,431 S3 in cash also, coupons of tlie first series of bonds to the
amount of $20,535, coupons of the second series of bonds to the
amount of $34,235, bonds and past due coupons beloogine to the
first series to the amount of $3,739,120, and bonds and past due
coupons of the second series to the amount of .$3,558,933 50. The
report was ordered to be approved.
Soutii Carolina State Bonds.— It is reported from Charleston
that owing to unforeseen delays in the collection oftaves the
the
result of tardiness of the Legislature in passing the Tax bill
payment of interest on State bonds and stocks is postponed until!
April 1, with a probability that the payment will be made io the r
middle of March. The tax for interest has been duly levied, but J
taxes will come in slowly until the end of this month, when th«
time of collection expires.
;

$1.14i.50»
149,000
107, SiO

Hot deficit

[Febraary

8,693,777

Such an exiiibit carries with it its own moral. The city is in
solvent, and in my judgment the only course open is to address
itself, without unnecessary delay, to some adjustment of its obligations to its creditors, and to provide for a more economical
*
-»
*
administration of the government in future.
For the adjustment of the debt of the city, I recommend the
appointment of a board of five persons, who should be clothed, by
legislative enactment, with full power to negotiate with the
creditors of the city, to any equitable plan of compromise, either
by the premium bond pl^n or any other mode that may be determined upon, after a full conference with the representatives of
the bondholder.i, which agreement, when ratiKed by the City
Council, should be binding upon the city.
New Orleans Mobile & Texas— Louisiana Division. Mr.
F. M. Ames, Tru.stee, gives notice that bondholders who have
Bubfcribed or de^i^e to subscribe to the plan to purchase and
organize iv company, as proposed in his circular of Oct. 32, 1875,

—

are requested to meet, for the purpose of completing an organization, at the office of Messrs. Morton, Bliss & Co., New York City,
on Saturday, >Vb. 19, 1876.

—

—

I

—

Telegraph Rates Reduced. The war between the telegraphl
companies has broken out again, and the Atlantic and Pacifiol
Company reduced its rates from 10 to 20 per cent. The following!
are ilie new and old rates between New York and the pointsj

named
Philadelphia

New.

Old.

$0 25

$0 30

40

50

Buffalo

Louis
Rochester
OllClty

1 10

St.

to
50
75

t

40
60

New.

Old.

Albany

$0 30

$0 40

Boston
Chicago

25
80
80

Cincinnati
Cleveland

30

00
00

1
1

75

60

The Western Union Company followed with a

similar reduc-

tion.

Toledo Wabash & Western.— The chairman of the stock
Albany correspondent of the holders protective committee, Mr. O. D. Ashley, publishes a notice
Iribune »»ys: The exchange effected by Controller Robinson of to bondholders, in which he states
The " Foreclosure Committee" havinp: announced their plans, in the event
13,000,000 in securities of the Bounty Debt Sinking Fund for
property, we consider it
$2,380,000 in bounty stock, announced last week, was only the of succeeding the st' ckholders In the ownership of this
due to you to state that Ihc stockholders intend to oppose, in every leRal way
first of a series of transactions whereby the Controller expects to
In their power, the consummation of this great wrong. The protective comdispose of all the securities of the Bounty Debt Sinking Fund at mittee have secured the services of able csunsel, and have been assured that
the present high rates. These securities are in the following the grounds of deiense are tenable. A sale of the property under the forec'osure decree will involve a loss of the rights, franchises and privileges conclasses, omitting the two millions that have been already ncgo. veyed ti» the pre»»ent ct)mpanv by the con^olidation of 1865.

New York

State Bonds.

— The

:

tialed

:

State stock, 6 per cent., redeemable January 1, 1833
State stock, 6 per cent,, redeemable July 1, 1891
State stock, 6 per cent., redeemable July 1, 1878
Astor Slate tti>ck. 5 pi r cent., redeemable at pleasure
V. S. 6 per cent, resistered stock
U. S. 5 per cent. re;;i8tered stock
Westchester County bonds, 7 per cent., redeemable from
1876, to May 1, 1883

Total

$256,300 fO
1,686,900 00
35,000 00
516,744 09
2.301,5
00
2,030,000 90

M«y

1,

89,000 00
$6,885,444 09

The

Controller requires that none of these shall be disposed of
at a lower premium than was received in the former transaction,
19 per cent., and will pay for the bounty debt received in
exchange at the r.ite of 4 per cent, premium until the 1st of
April, and after that date at a premium of 3 per cent, only, inasmuch as the stock will then have only one year to run at 7 per
cent., and the deduction of 3 per cent, premium will leave only 4
per cent, interest on the investment, as low a rate as the State
can afford to receive. In case the negotiation is as as successful,
as in the present state of the market it seems very likely to be,
the premiums will probably reach the total of $1,300,000, which
will then reduce the debt, according to the figures of the last report of the ilontroller, to $700,000.
It ought to bo said here, however, that the Governor in his
message and the present Controller differ from Controller Hopkins on this point, holding that a certain share of the resources
he includes in his statement is not actually available for the purpose of reducing the debt, and believing thit a tax of one half of
a mill will be necessary to extinguish the debt, instead of onethird, as Mr. Hopkins stated.

—

in
C.

PaciHc of Missouri. A report in regard to this road, published
New York papers, says: "A number of capitalists, including
K. Garrison and A. M. Billings,

of

the People's (ias Light

Company, have succeeded in obtaining a controlling interest in
the first and second mortgage bonds of the Pacific Railroad Company of Missouri, and are also owners of the third mortgage
bonds of the sams company, and have begun proceedings to foreclofe the mortgages."

—

PIttsburgli & Nortliwestern. The Pittsburgh Ghroniek
says Tbe bonds and stock of this corporation are now being
placed on the market. The bonds bear 7 per cent, and have
thirty years to run. They are for $1,000 each and are based on a
first mortgage on the Hue of the road for $1 800,000.
Portland & Ogdensbur^.— The Portland & Ogdensburg
Railway Company have informed the City of Portland of their
inability to pay tiie interest on the $1,350,000 of bonds, issued by
the city in aid of the read, which will be due on March 1. The
road has not yet failed to pay its coupons, but in consequence of
the necessity for making a connection with the Vermont Division,
has pledged its earnings to a large amount, and asked the city to
take ctre of the coupons upon their own city scrip issued in aid
of the railroad. All the coupons on bonds sold by the company
will be paid.
:

& Eastern.— Mr.

Chas. Wheaton, trustee, gives
the holders of the First
Mortgage Bonds of the Poughkeepsie & Eastern Railroad Co,

Pouglilieepsie

notice that he will distribute

among

Of the $5,1 00,000 gold bonds. $51)3.000 were praciically given away to relieve
the company of a burdensome lease— not a dollar in money having been
received therefor, and $2,4!)7,{XW were pledged, and are still outstanding as
collateral s.-curity for lotus amounting to $;)02,000. The company thus received
in cash but $2,602,000 for $5,000,000, i r about 52 per cent of the par value
there )f. The disposition of some of those bonds is therefore of questionable
»

legality.

»

*

The stockholders have endeavored to obtain an equitable comuromise, and
have oflercd to attempt to raise more than $1,500,000 toward payment of thtj
floating debt and interest arrears, bnt the Foreclosure Committee have decline^
the proposition, and now nsk your approval of a measure which contemplator
the absolute extinction of $lli,000,(iOO stock, $600,000 equipment bonds,
lease obligations and contracts equivalent to interest on $4,;OD,000.
Under these circumstances the stockholders ask you toco-operate with tbe^
in resisting a decree of sale.

"

—

Pacific. The following are the earnings and expense
Union Pacific Railroad Company for the years ending Da
cemberSl, 1875 and 1874:

Union

of the

EARNINGS.

From—
Passengers
Freight
Mails and express
Miscellaneous
Total
Operating expenses
?urpl'.l8

1875.

$4,516,014 34
6,611,512 27
769,317 2:i
236,988 25

1874.
$3,952,8-^8 55

Increa»(j

$303,155!

5,664,73133
727,06177

D76,780

I

42,2M

,

215,228 47

«'.,759

$1!, 993.8:32 09
4.932,047 96

$10.5-59,880 12
4,652,384 95

$1,433,951 97
329,733 00

$7,011,781 14

$5,907,.565 17

$1,104,218 97

of operating expenses in 1875 "as 41 54-100
per cent., against 44 .5-100 in 1874, a decrease in 1875 of 2 51 100
per cent.
The holders of about $900,000 of
Wiliniugtoii & Reading
the $1,300,000 first mortgage bonds have agreed to join in the
plan for the purchase and reorganization of this road, i\nd have
deposited their bonds with the Fidelity Trust and Safe Deposit
Company, of Philadelphia. It is thought that others will come
The foreclosure of the first mortgage is to be pushed as
in.
quickly as possible.

The percentage

Wisconsin Railroad Law.— The following are the importan '
features of the bill now before the Wisconsin Legislature
repealing the Potter law:
"Sec. 11. The Chicago Milwaukee & St, Paul Hallway Company shall flic with
the Railr«ad Commissioner, before.the day when this act shall take eflect, the
regular publifhed schedule of their tariff rates lor the I transportation of
per-ons and property which was in force on their railroad on the 15th June,
1872, and that company and the Chicago & Northwestern Railway Comi>any
shall not demand, collect or receive a greater compt-nsation for the transportation of persons and property than is fixed in such schedule for corresponding
This provision shall apply 'o such lines of railroads as have been
dist mces.
built and put into operation by either of said companies and operated under
otherwise,
since the dale above mentioned provided that the
lease or
Chicago Milwaukee & St. Paul Railway Company and the Chicago & NorthKaihv.iy
western
Company shall sell, at all ticket stations on tlieir respective
also round-trip tickets
lines within this State, tickets for five hundred miles
good for first-class passengers, to and from any 8tati"n within this State, at a
uniform rate of 3 cenis per mile and provided, further, that no railroad corporation shall be compelled to accept less than 5 cents for transporwtion of
;

;

;

any passenger between any

poii-ts.

Sees. 1, 2, 3, 4, 5, 6, 7, 8, 13 and 14 of Chap. 273 of the Laws of 1874,
this is amendatory ; chap. 311 of the laws of 1874, entitled An act in
;' chap. 334 of the laws of 1875. entitled .Ki\ act to amend
to
railroads
riilation
chKpter 273 of the laws of loM, entitled 'An act relating to railroads, express
in the State of Wisconsin," and the first section of
companies,
and telegraph
chapter 113 of the laws of 1875, are hereby repealed.
.
.,
.
shall
be in force from and alter the first day of April, A.
"SBC. 13. This act

"Skc.

of

12.

which

D. 1878."

-

.

THE CHRONhl^

February 19, 1876.]

183

COTTON.
Fkiday. p. M.. Feb.

The MOVE.VBNT or the Crop,

COMMERCIAL EPITOME.
Friday Night, Feb.

18. 1876.

Trade has been dull and disappointing; the past week. Reducwhiuh have been made in prices of foreign inerchaudise and
domestic manufactures have not stimulated business and the
speculation, wliicli was ho ge neral in staples of domestic produce,
has been restricted to one or two articles. The slow progress
which Congress makes witli measures of finance anJ taxation,
upon which important intercs's turn, begins to excite some complaint, and altogether an unsettled feeling prevails. The weather
much of the time has been cold and blustering, in marked contrast with the spring-like temperature of last week.
Speculation in pork and lard has progressed with much activity,
and a ixaterial advance in prices has been realized. The packing
season at the West seems to have come to a premature end, from
the scarcity and high prices of swine. The loading grades of
pork are SOc^gf 1 per bbl higher, but for future delivery the close
is not much higher than last Friday
2,000 bbls mess sold today
»t $33 85(333 9o for March and April, and bids somewhat reduced at the close. Lard lias been very active, and sold to-day as
high as |13 50 spot and March $13 C0@13 62J for April $13 82 J
for May, and $13 90 for June, closing quiet. The speculation
has been aided by an active demand from refiners, and there has
been, also, an active demand from Germany. Bacon and cut
meats are higher, but not active. Beef is without further improvement. Butter and cheese have ruled steady but less active.
Tallow firm at 9i@9 5-16c. Stearine has advanced to 13i@13fc.
Coffees have been further reduced Rio, fair to prime cargoes,
16@17ic. Java, 23@35c., and Maracaibo, lOaiSic, gold, but
wUhout stimulating much business, and stocks have increased to
243,713 bags Rio, 140,078 mats Java, and 49,640 bags and mats of
other growths.
Rice has remained quiet.
Teas have been
moderately active, but dried fruits have ruled quiet. Molasses
has opened for the new crop of Cuba at 33c. for 50-te8t. Sugars,
though without quotable decline, have been weak; fair to prime
refining Cuba, 7^@8c.
standard crushed, lOfc.
tions

;

from the South to>night, is given below. For the week endlnf;
this evening (February 18) the total receipta liave reached 110.57$
bales, against 118,583 bales last week. 131,379 bales the previoa*
week, and 153,359 bales three weeks since, making the total
receipts since the Ist of September, 1875, 3,395,351 bales, against

same period of 1874-5, showing an increase

3,836,183 bales for the

since Sept.

week

for this

;

;

;

;

HhdB.
Receipts past week
Sales pa»t week..
Stock Feb. 17, 1876
Stock Feb. 18. 1875

Boxes.

]1,;«6
6,678
K,5»«.
29,317

Bags.

Mclado,
445

5.:M5

9,771

4,.Snn

,39,641

7.889
35,401

«(,ll.'>t;

2,t93

96,978

678

—

Hides have been quiet, but quotations are firm dry Montevideo sold at 21c., dry Rio Grande at 19c., gold, four months, and
city slaughter ox 9c., currency.
Linseed oil has continued in
fair jobbing demand at steady prices
quoted at 60c.@61c. other
;

;

;

oils quiet

and unchanged.

Whiskey has declined

(as per telegraph)

week at—

Ucceipts this

New

1876.

Orleans

Uobilo
I'orl

Uoyal,

;

Seed leaf has been less active, but prices
Crop of 1873, 187 cases New
England at 15c., 150 cases Ohio wrappers at 13c., and 84 cases
New York, on private terms and crop of 1874, 350 cases New
are steady

;

the sales embrace

:

;

York

at 8c.fiHlc.,

cases sundries at

mand, with

and 304 cases Ohio, on private terms also 200
7c.@25c.
Spanish tobacco has been in fair de;

sales 800 bales

Havana

at 88c.fa$l 15.

In ocean freights only a moderate business has been eflfected,

and notwithstanding the limited offerings of tonnage some concessions in rates have been granted.
Late engagements and
chatters embrace Grain to Liverpool, by steam, 7d.@7|d. do.
for next week, 8d. per CO lbs. provisions, 358.@40s. per ton cot:

by

Grain to London, by sail,
8d. flour, 3s. 6d.
rosin, 36. 4id.
hops, by steam, |d. Grain to
Glasgow, by steam, 8jd.@9d. tobacco to Bremen, by sail, 37s. 6d.
Refined petroleum to Antwerp or Rotterdam, 4s. 6d.@4s. lO+d.
the nominal rate for grain to Cork for orders was (is. 9d. To-day
there was a moderate business and late rates were retained
Grain to Liverpool, by steam, 8d. do. to London, by steam, 9|d.
do. by sail, 8d., and flour at 38. 6d.
No charters were made on
ton,

Bail, 9-32d.

;

Norfolk
City Point,

Total since Sept.

;

;

;

;

•

'Change.

Naval

stores

have latterly been more steady, owing to advanced
A moderate trade has been done.

advices from Wilmington.
Spirits turpentine, 36ic

In petroleum

;

common

to

good strained

rosin, $1

60@

or nothing has been done, but the
close was steady at 73c for crude, in bulk, and
13|^13ic for refined, in bl)ls.
Ingot copper remains steady, with sales latterly
of 300,000 lbs Lake at 32Jc, cash. Hops are rather quiet but
steady at 13(318c for State, 1875. Wool sella fairly, and holders
• re pretty steady in their views.
1

65.

little

67.T90

44,937

46.948

11,879

9,9S4

6,971

10,311

4,900

7,88J

9,730

8,410

S,S4I

7,«75

11,193

8,823

23,460

1S."1

«,986

8,K6.

8,584

6,775

ll,8S0i

813

1S9

4

8,569

16,804

17,191

ll.SIS

10,749

12,733

410

«»4

13,1S3

7,516

1,020 [
7,«J7

1B,5«

402

676

287

516

83«

4341

1,7:7

8,9,55

1.136

2,108

1,8«J

8,733.

8,918

7,104

11,689

10.819

6,859

669

4St

1,010

477

401

110,576

96,950

117,316

109,153

88,966

*c

Total thisweek

1871.

18TJ.

1873.

30,474

Florida

1.... 3,395.851

1

13,501:
'f

141,957r

8.a36,183 2,943,819 2,H0.520U (-91,196 l,«S3.S39i

this evening reach a total

of

117,847 bales, of which 60,455 were to Great Britain, 20,466
France, and 36,936 to rest of the Continent, while the stocks

as.

The exports

made up
stocks

week ending

for the

week of

evening are now 804,881 bales. Below are the
for the week, and also for the corresponding

this

last season:

Exported to
Feb.

Great

18.

Orleans*

24,6J6

6,706

Savannah

3,331

Qalvcstont

9,213

New York

4,683

Norfolk
Other portst

392,999

18,953

60,374

2.S449

1.980

4,094

1,041

73,897

8o.8B«

783

S,027

8,456

11,002

51,073

47,835

8,027

11,361

15,S23

74,438 1C3.«8«

5,042

15.139

11,374

65,758

74,379

397

6,060

7,li3J

102,676

179.S54

8,204

2,761

16.643

12,000

5,139

5.068

47,000

68,000

83,553 864,831

£35,219

881

500

60,455
1

1875.

1876.

1875

8,114

4,639

Total since Sept.!

A«w

week.

8,304

Total this week..

{

16.743

Moliile

Charleston

Continent.

[France

Britain.

this

Stock.

Same
week

Total

Week ending

New

to.

and exports

20,466

36,9i!6

:

17,847

1

277,255 450.398 !2,015,108 1.632.187

1.887,4.V>

Orleann.— Oar tcIesrBm lo-nlght from

Nfw

Orleans shows that (besides

c.\porl8) the ainou: of cotton on slilpboHrd ami ene«Ked for stilpnient at
Is a« follows
For Liverpool, ,S(I,0(XI i'ale» lor Havre, il.tt bales ; for

thut port

:

;

Continent, .1-1,01X1 bales for coastwise ports, 6,'>(X) bales; which, if deducted tronk
the stock, would leave 209,0C0 balei r.-preseullng the (luantity at the landing and In
prcsfcs unsold or awiiillnB orders.
t Galveiton.—Our Galveston telegram shows (besld-s above exports) on shipboard al thut port, not cleared: tor Liverpool, U,9(»i hales; lor other forelun.
s.*l. hali;s; for coastwise p .rts. 2,953 bales; which. If deducted from the aloe*.
;

would leave remaining

SD.lOi b.iles

t The exports this week under ihe head of "other poru" Include from Baltimore
39jbaies to Liverpool and 5(IU bales lo Bremen; from Boston i,l;3 halo lo Live
pool; from Philadelphia YOI bales to Liverpool; from Wllrauigiou 2,1J4 bales to
Liverpool.

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increoM
in the exports this week of 34,294 bales, while the stocks to-night
are 29,663 bales more than they were at this time a year ago.

The following is our usual
at all the ports

from Sept.

RECEIPTS
SINCE SEPT.

PORTS.

for compressed.

;

IBM

18'. 5.

10,674

,

;

;

;

weeks

48,4:9

&c

SavaiiQtih

•

150 for consumption.

details of the receipts

for the corresponding

•

above

Kentucky tobacco has continued in moderate demand, and
quotations are unchanged at 4Jc.@7c. for lugs, and 7ic.@15c. for
leaf, new crop
sales 500 hhds., of which 350 were for export and

and

of five previous years are as follows:

to $1 11, tax

paid.

The

1875, of 459,068 bales.

1,

;

;

18. 1879.

as indicated by oar telegram»

1875.

table

EXrOBTED SIMOE SEPT.
1.

1874.

Great
Britain

N. Orleans.
Mobile ....

1,011,4-33

780,506

536,009

2;o,47r.

87,609

Charlest'n*

356,983

372,.390

98.544

Savannah

showing the movement of cotton

Feb. 11, the latest mill dates:

1 to

France

Other

1

TO—

Coast-

wise

Stock.

Total.

Ports.

679,9-39

105,492

133,773

91,880

71.523

55,210

1P8.I97

90,318

i5,6R>

26,035 116,606

79,391

forci'n

3;5,977 I69,668'l3f,294
9,8841 36..300

44,413

391,922

..

457,-J05

502,703

1*5,770

278,411

112,404

Galveston*.

387,770

286,611

134,339

3,227

17,095

154.711

162,963

New York..

12(^,455

79,62)

241,580

1,765

40,313

283,658

....

Florida
N. Carolina

10,635

10,649

78,682

75,893

19,466

2,-301

21,766

63,739

8,635

390,370

31.'),4ia

79,393

1,817

....

81,210

874,331

86,458

69,133

45,067

54,273

....

12J7,000 556,789 41-1,478 1697,261

911.741

896,113

182,585 229.267 1548.634

906.122

840 014

Norfolk* .,
Other ports

Tot. this yr. 3,184,675
Tot. last yr.

73,360
168,244

10.635

2.7.39 S.^3 11.36.782!

i:,323

41,100

65,596

Under the head of C/iarfeAtonls included Port Koyal, &c.; under the head of
9a/v«At/>n Is Included Iadlano;a, Ac: under the head of Norfolk is Included Cliy
•

Point. &c.

These mall returns do not correspond precisely with the
the telegraphic figures, because in preparing

necessary to ineorporate sraiy correction

made

them

it

is

total of

always

at the porta.

:

;

.

—
:

.

THE CHRONICLR

181

[February 19, 18.6

1874.
1378.
1876.
1876.
The market this week opened with the appearance of consider"
632,000
773,000
498,000
843,000
able firmness for cotton on the spot. Gold and exchange were Stock at Ltverpool.
191,250
196,000
131,850
68,000
higher, and home spinneri seemed to be in want of stock. But Stock at Loudon
advices from Liverpool were dibappointiiig to holders, receipts
Total Great Britain stock .... 911,000
876,250
904,«o0
694,000
at Kew Orleans and Memphis were large, the stock at this Siock at Havre
108,750
198,000
S0S.750
118,750
point showed some accumulation, and receivers, in their desire to Stock at Marseilles
11,000
5,S50
10.250
12,000
effect sales, accepted on VVedneaday a reduction of ^c. to 13|^c.
Stock at Barcelona
28,750
49,000
63,000
70,250
for middling uplands.
But even at this reduction the market Stock at Hambnrs!
SO,0O0
29,000
If, 000
10,750
was weak, irregular and inactive, with Liverpool down to 0|d., Stock at Bremen.
85,000
87,000
42,600
38,350
and prices here relatively much above those current there. To- Stock at Amsterdam
65,500
63,000
47,000
43,000
day, quotations were reduced l-16c. for middling and above, and
22.730
7,000
Stock at Rotterdam
13,500
16,000
ic for the lower grades, while stained was marked down -^.(gjc. Stock at Antwerp
87,000
4,t00
12,500
13,000
For future delivery the market on Saturday last maintained tlie
25,000
.38,000
12,000
Stock at other continental port?..
11,000
upward tendency of the previous two days but on Monday took
460,000
321,250
319,230
a downward turn, which was continued with little interruption
415,500
Total continental ports
until the close of Thursday's business, when a reduction of about
1,154,000
1,193.503
1,228,500
Total European stocks
1,326,500
3-16c. from the c'osing prices of Saturday was established, the
303,000
2i3,000
148,000
summer months dropping below 14c. The decline in Liverpool India cotton afloat for Europe.... 113,030
539,000
587,000
511,000
has been the most active among the depressing influences, as it American cotton afloat for Europe 543,000
95,000
102,000
38.000
has greatly discouraged the hopes that have been entertained of Egypt, Brazil, &c.,afloat for E'rope 60,000
513,135
832,000
835,819
864,831
a reaction in that market. Today, the early months were again Stock in United States ports
90,783
146,348
130,510
123,139
down l-16((&i^c., and the later months about l-16c. off, wiih free Stock in U. S. interior ports
10,030
35,003
12,000
21,000
United States exports to day
selling for the spring moi.ths.
The total sales for forward delivery for the week are 138,500
3,593,918
.3,033,848
2,993,229
Total visible supply. ..bale8.3,051,370
bales, including 100 free on board.
For immediate delivery the
Of the above, the totals or American and other descriptions are as follows
total sales foot up this week G,l~)i bales, including 3,'tl6 for exAmerican—
port, 3,338 for consumption, 830 for speculation, and 568 in
175,000
387,000
418,000
481,000
transit.
Of the above, 100 bales were to arrive. The following Liverpool stock
125,000
189,000
129,000
223,000
Continental stocks
are the closing quotations
329,000
537,000
511,000
543,000
American afloat to Europe
,

;

:

New Classification.
Ordinary
strict Ordinary
(Jood Ordinary
Strict Good Ordinary

perlb.

9M

®

ux
ux

LowMlddllng

13 5-16

10

H

«

3-

16

13
IS
14
15

®.
a.

9 18

9?4

I

IPX

Below we give the

|

15

16*.

6
f
S 16

a.
a.
II

Middling

11 }i

and

transit cotton

Uplands at this market each day of the past week

New

Uonday

353

31i
769
368
295
315
370

2,416

2,3SS

...

429
'369

WedneBdaj....
Thursday...
Friday

9

Total

Delivered on contract during

and

price of

20
60

1,491
1,8

165
150

513

S13

68;
857

M

8 4

S36

583

|

12K
12X
uy,
:2«

11

9X
9K
»K
9M

11
It

10«
10«
lOX

9)»

13
13

13
Vi}i

liK

12>i
12

12 18-16

6,158

weelc, 5S7 bales.

tl.e

For forward delivery tUe sales (includiug 100 free on board)
have reached during the weet 138,500 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices
February.

bales.

12i

12%

1,300
1,900...
6,200

12 3:-32
13
13 1-32

300
5.200 total

SCO
5.600
8,400
4,800
2,300
8,500

Feb.

For March.
Sl,a)0
1.200
1,800
LIO-J
2,000
1,200

12

2532

1,100
1,600
1,700

.'.12 1.3-16

12 i7-32

UK

12 29-32
12 15-16
12 31-32
13
13 1-32
13 l-:6

4J0O
2.800
l,ISOa

800

March.

For April.

12 15-16

400..
200..
400....

5K

22,400 total

1 12 29-32

8.

13«

13
13 3-16

800

12 23-32
12 27-32

•™«-."-

ct'.

1,300
2,000

(I'.B.

2,400

2U0

600

13 1-16

133-32
137$
13 5-82
13 S-i6
13 7-32
1S>4
13 9-8
13 5-16
18 n-32

bales.

eta.

iOO
2,600
2,800
6,100
1.800
5,300
2,100
3,700
1,100

13 13-<i2

13 7-16
13 15-32

13K
2132

13
13 11-16

May.

For June.
800

135^
13 21-32
13 11-16
13 23-33

1.600

For May.
13 5-16
IS 11-82
13;,

EOO
200

l,OC(i

13V

f,4O0
1,300
2,000
2,000

For July.
13 2632
13 13-15
13 27-32
1314
13 29-32
18 15-16
13 31-32
14
14 1-32
14 1-16

400
3,100
1,100

700
800
1,600

400
900
200
200

9,400 total July.

13 9.16
13 ll)-:2

1,300

4,100
200

.13 ii-li

21,S0I total .luue.

13X

29,200 total

13X

33,100 total April.

4W.,

13 25-32
.13 13-16
13 27-82

Hor August.
13K

600
700
900

13 29-32
13 15-16
13 31-3;

1,100
1.500

200
800
500

H

14 l-3i
....14 1-16

UX

5,300 total Aug.
133-32
200
3,000
13H
sales during the week of free on board reached 100 bales;
the particulars of these sales are as below
Free onboard Philalelphia, iCU liUs.

The

;

The following exchange has been made during the week
AprU

10,000

bale8.3,359,070

3,035,739

2,006,348

1,441,918

359,000

355,000

395,000

33-3,000

68,000

131,230

194,350

196,000

192,600

195,350

190,850

335,000

113,000

823,000

148,000

303,000

60,000

58,000

108,000

95,000

792,E00

962,500

1,089,500

1,152.000

8,859,070

•1,035,739

3,006,318

1,441,918

Totalvisible supply. ...bales. 3,051,570

2,998,829

3.0.35,848

2,593,918

7K@7?id.

7%@8d.

9Xd.

&c

Total East India,
Total American

Price Middling Uplands, Liverp'l, 6 5-16d,

IOO

The following

will

(lor

y,

b.; lor

show

On spot

13

13

13

February

12 15-16
13>i

1.5

12 29-32
13 3-3S

March
April

ISK

June

13 19-^2
13 13-16

July

14

August

14 3-32

Bales spot
Sales future...

1,525

May

Gold
Kxchange..

..

17.400
113
4.84

13 8-32
13 7-16
13 21-32

13K
14 1-Si
14
1,19:
10.200
113
4. SI

ISU-S'
13 9-16
13 25-32
IS 3-32
14 3-32
1,626
T?,8(0

13
12 29-33
13 1-32
.

.

1

'J-3S

17-32

12K
12 29-32
18

13 5-33
13 n-32i

12;^
12 13-16

12X
13 5-32
13 13-32

13V

yi%

13 15-16

13 13-16

14

6,7il0

314
22.S0O

14 15-1«
637
32,500

11!'.4

nt%

113X

U3V

1.8:

(.8J

4.M

4.a4

13i^
13 15-16
14 1-16
r>!3

These figures indicate an increase in the cotton in sight to-night
of 53,341 bales as compared with the same date of 1875, an
inerea»e of 15,733 bales as compared with the corresponding
date of 1874, and an increase of 457,653 bales as compared
with 1873.
At the Interior Ports the movement that is the receipts
and shipments for the week and stock to-night, and for the

—

corresponding week of 1875
statement:

Week

—

out in detail in the following

ia set

ending Feb.

Week

1876,

18,

Augusta,

Ga

Columbus, Ga
Macon, Ga
Montgomery, Ala

458
423

615

.

Memphis, Tenn
Nashville, Tenn
Total, old ports.

.

Shreveport, La. ..
Vicksb'g, Miss.
Columbus, Miss..
Enf ania. Ala
Griffin, Ga...
Atlanta, Ga
.

new

Total,
Total,

ports

all

16,313
11,195
7,382
9,813

4,237

7,8:i6

886
1,083

485

4,!83
1,484
1,272
1,365
1,353
13,919
1,953

17,678
18,381
9,160
4,011

5.605
63,735
18,140

64.669

1,950

.7,633

1,172
8,280
8,394

30,339

25,602

123,139

18,498

35,618

130,510

472

843

1,286
2,680
5,435
9,898

429
616

1,033
4,293
4,887
S34
1,195

399
905

439

1,097
4,435
8,208

1,069
6,230
8,638

168

!i6

537
406
988

60T
473
733

9,816
8,570

-.903
1,989

89,732

34,576

79.263

18,554

50,071

50,078 1208, 447

37,052

..

..

1875 .

13, .14

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

1,291
1,643

19,

1,217
14,043
1,465

..

Texas

Jefl'erson,

6,420

518
871

Selma, All

Dallas, Texas..

2,310

ending Feb.

Receipts. 'Shipments. Stock.

Receipts. Shipments. Stock.

8,7';

8,164
3,428
1,274
8,693
2,435

592

I

1

!

29,133
11,7V2

1,608
3,811
2,039
1,101

2.997
2,436
279
571
297

712

970
1,919

193

743

874

1,429

510
1,136
8.410

1,-'51

3.6.6
1,138
1,047
38.699
17,305

1,188
3,387
4,826

.5,630
1

I

22,143

66,663

47,661

197,175

show that the old interior stocks have
week '1,567 bales, and are to-night 7|!!31
same period last year. The receipts at the
same towns have been 1,841 bales 7nore than the same week last
The above

;

Msy.
spot quotations and the closing prices
bid for futures at the several dates named
UIDDLING TJPI.Ai.DB—AIIBEICAlf OLASBIFtOATIOIT.
Wed.
Thars.
Fri.
Frl.
Sat.
Mon.
Tues.
Xc. pd.to etch.

totals

decreased during the
bales less than at the
year.

—

12.2S-S2
12 13-16
13 3-82
13 11-32
13 9-16
13 25-32
13 29-32

Bombay Shipments, According to lurcable despatch received
to-day, there have been 15,000 bales shipped from Boml)ay to Great
Britain the past week, and 13,000 bales to the Continent; wliile the
receipts at Bombay during this week have been 27,000' baleg.
The movement since the Isl of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought

857
39.400

down

12 13-16

113V
4.83X

Visible Supply of Cotton, as made up by cable and

The continental stocks are the figures
telegraph, is as follows.
of last Saturday, but 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. 18), we add the item of expor^.i
from the United States, including in it the exports of Friday
only:

85,300

eta.

bales.

13 17-32
18 9-16
18 19-32

:00

13 13-32
.18 7-16

1,600

Thb

1^,000

1

Tuesday

JTor
bales300
200
100

90,783

21,000

:

Good Low MidCon- Spec- TranClassUicatlon. Bip't. samp. ula'D
elt.
Total. Ord'ry Ord'ry. Mldl'g. dling.
Batarday

518,138

146,348

India afloat for Europe
Egypt, Brazil, &c., afloat

Low Middling

gales ol spot

8-33,000

i:30,5'.O

East Indian, Brazil, <tc,—
Liverpool stock
London stock
Continental stocks

®.

SIAINEB.

Good Ordinary
S trict Good Ordinary

8-35.319

123,139

12X

14 ,-!16

15

864,881

Total American

13
13 9- 16 ®.
13
1-16®.,

a...
a...

Ur.ited States stock

Un.ted States interior stocks
United States expoits to-day

10 «

riX
ViX

13 T-:6 a...
13 v.-ie»...

a...

13 11-16®...
1-16 a...
14 3-16
14 ii-168.... 15 1-16

:

lOX

..

15-16®....

9H

3X

an
ux &
a 15-us...

a...
®....

12X

U

Via

®.... iiM

vi

Strict Low Middling
Middling
Bood Middling
Strict Good Middling
Middling F»ir.....TT.
Fair

wa

..

Orleans.

®...
®...
@...
a...
®...

9K

a-.-a....

io)i

New

AJabama.

Uplands.

to Thursday, Feb. 17
r-snipments this week-,
Great
ConBritain,

1876
1875
1874

5.000
37,000
15,000

;

.-Shipments since Jan.
Great
Con-

tinent. Total.

Britain,

tinent.

12,000
8,000
8,000

17,000

43,000
4:3,000

4,3,000
-^3,000

138,000
79,000

45 000
45000
69,000
42,000

I

Total.
88,000
191,000

IM.OOO

—

,

Receipts.

Tilts

week.
27,000
56,000
34,000

smce
jan,

1.

129,000
2.94,000

198,000

the forearoing it would appear that, compare with last
year, there is a decrease of 28,000 bales this year in tlie week's
sbipmeots from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 103,000 bales
compared witn the corresponding period of 1875.

From

1

THE CHRONICLE.

Pebrjary 1\ 1876.]

Weather Reports bt Telkgraph. — The

weather durlog

the past week haH been as favorable aa usual at this season of
the year. PhiuterM aie miking fair progress in their preparatious for the next crop.
Tlio movenieut of the lal)oring class
towards the Southwest, which wiis so considerable last year, appears to be In progress again tliis season.
Oalveston, Texat.
Plowinghasgonorally begun. This has been
a most reinnrkal)Io winter ia this locality.
have not had a
particle of ice or even frost yet.
Oranges, figs, grapes, apples,
peaches, to a moderate extent, are still maturing.
It has rained
hard two days thin week, the rainfall reaching one inch and
forty-five hundredths.
Tiio thermometer has averaged (ia, the
highest being 74, and the lowest .IS.
indianola. Texas.— dtenersL] preparations for the new crop are
now being made.
are having too much rain. This week
there have been four showery days, the rainfall reacliing fiftylive hundredths of an inch.
The tliBrmometer has averaged 03,
the higlie.st being 78, and the lowest .50.
Corsicana, Texas.— Que day has been showery, but the balance
of the week has been pleasant
ihe rainfall reached only twenty
hundredths of an inch.
Demoralization among the laborers
consequent upon the election is now over, and plowing has fairly
begun. The thermometer has averaged 57, the highest being 78,
and the lowest 57.

—

We

We

;

—

Dalliis, Texas.
It has been warm and dry during the whole of
the past week, and the roads ara much Improved.
There is
lieavy immigration to this section, and it is augmenting largely
tlie labor force.
Small grains are very promising. The ther-

mometer has averaged

G3, tlie highest being 78, and the
lowest 34.
New Orleans, Louisiana.—
have had four rainy days the
past week, and a frost, though not a killing frost.
The rainfall
for the week is one inch and fifty -one hundredths, and the average

We

thermometer

<il.

6/t,reveport, LouisUin^.— The weather this week has been clear
and pleasant, without rain. TIxe thermometer his averaged 57,
the extremes being 79 and ;«).
Kiiceipts show a falling off froni
last week.
Sliipping facilities are excellent.
yieksburir, Mississippi.
Telegram not received.
Columbus, Mississippi. The thermometer lias averaged, during
the past week, 07, tiie extremes being 40 and 87.
Total rainfall
for the week forty hundredths of an inch. « As the week closes

—
—

there

is

a favorable cliauge in the weather.

Arkansas.— 'V\ie weather has Ijeen fair all the
week, except Monday, when wo had a Norther, with rain. Wo
continue to receive one to two hundred bales of cotton per day,
but of very inferior grade. Thermometer has averaged 53, the
highest being 73 and the lowest 33, and the rainfall has reached
one inch and sixteen hundredths.
NashviUe, 'lennessee. There has been no rain here this week.
The thermometer has averaged 41), the highest being 51) and the
Little Rock,

—

18o

Bllibo.v & Co. '8 Annual Ueview for 1875.— In our editorial
columns win bo found some re:narli6 upon the consamption of
cotton in Kurope.
Below we give copious extracta from Ellinou
Si (.'o.'s very interesting review for
1875, just received, which
will well repay study:

CONSUMPTION OK GIIE.W HIIITAIN.
deliveries for home consumption amounted to 3,115,130
bales, or 59,900 per week, as shown in the following statement:

The

Bales.

.,.,,,,,

,
.Slock hold by Hpuinora .l»t January
Slock In the ports Ist January

Import during the year
Total supply

Export diiriii),' the year
Stock held by spinners 8lBt December

riH<w

Total deduction

Leaving for actual consumption

i«ki

SmatAtlu
1.4Aj,ftMI.470

<,8l9.1i)0

I.KOS.ISi.ORO

708.810
125,000
87i,070

Stocks In the ports SIst December

Which compares

I'oiiiiil-.

I»,ooo
786,870
8,708,080

«I,«I!.(..VI

Hi
iT*

or.H

11

l!i4

8"0

I,904,2d0

ivrr.rw.s^o

3,115,130

1,230,888,h:o

as follows with the figures of the preceding

nine years:
lti75.... .... .).iii5,iao
1874 ... .... :1,«2N.1S»
1873... .... :i,*!,710

l,23\388,8noi I81O
l.aSB, 139,250
16«i;
1.216,149,9101 1888
1.175,345,250 1867
1,205.4.55,250 1868
I

1872.... .... a.aiK.iiao
1871.... ... 3.114.780

2,797,000

1,071,"60,7W

2,628,4tiO
2,801,1)40
2,555. 4!H
2,40fi.394

930,019,030
9J0,]UT.100

954 5 7,.'iOO
890.721,000

In order to give a correct comparison of the amount of cotton
consumed, wo have reduced the bales to tho uniform weight of
400 Iba. each, as follows:
Total in balefl Average
of 400 lbs.
per week.
1875
1874
1873
1872
1871

3,075.970

.59,100

Total in hales Average
of 400 lbs.
per week.

3,18.1.323

80,870

1870
:8»9

3.115,374

.•9,910

'.868

2.079,430
2.347.540
2.490.4'«

2.93-i,.3«3

56,510
57,950

1687
1860

2,226,8tO

3,013,638

2,S86,2!K)

.'iLsaO
4.5.140

47.890
45,899
42.820

As compared with 1874 the consumption of 1875 shows _
decrease of 1,710 bales, of 400 lbs. each, per week, or 3J per cent,
against an increase of 980 bales, or IJ per cent, in 1874 upon 1873.
The present rate of consumption is about 60,000 bales per week,
say 33,000 American, 13,000 Eist Indian, and 14,000 sundries.
STOCK IN GREAT BRITAIN.
The agjregate .ntock reiiiaining in the ports at the close of th'i
year is ofKcially declared to be 673,070 bales, including 616,770
Imles in Liverpool, against 786,370 and 684.710 bales respectivelv
at the end of 1874.
Subjoined is a comoaralive statement of the
stocks in tlio ports and in the hands of spinners on the 3l8t of
December, 1875 and 1874:
^lu the portB.^ -Held by spinners -,
Total.
.

,

,

1»75.

.\inerican

885,720
Brazil, Egypt, &c.., 101,320
East India, Ac
226,030

Total

671,070

lowest 39.

1874.

1875.

18?4.

1875.

275,000
HI, '00

65,030
40,000
20,000

68,000

20,000

35 ',720
201.320
246.030

125,0C0

798,070

3:S0,000

786,000

AVERAGE VALUE PER

125,000

LB.

OP

.37,000

1874.
S43,i:0O

218,000
350,0CO
911,000

I.UPORTS, &:.

Memphis, Tennessee.—'l'here Las been one rainy day, the rainThe average per lb. we estimate as follows:
fall reaching thirty hundredths of an inch.
1875. 1874. 187.J. 1872. 1871.
18:0.
186J.
The rest of the
1868.
1867. 1866.
d.
d.
d.
d.
d.
d.
d.
week has been pleasant. Average thermometer 45, highest 58
d.
d.
d.
Import
7 1-18 7^ 8H 9 5-16 8
5-16
9
111-16
lOK 13H
9X
and lowest -44.
Export.
6
6%
7
t
10
8 13-16
7Ji
8H
l:«
9X
Mobile, Alabama. Two days the early part of the past week Coiis'ption. 7;,
75i 8\- 9 13-16 8X 9 7-16 11 3-16 97{
lOK 14"
were showery and two were cloudy, but the remaining three
CONSCMITION OF EUROPE A>-D AMERICA.
days were pleasant. The rainfall has reached thirty hundredths
The total import into Europe in 1875 amounted to 5,535,380
of an inch. The thermometer has averaged 58, the extremes bales, of which 3,708,030 bales were received into British and
being 43 and 71.
1,817,350 bales into Continental ports.
Of the 3,708,030 bales
Montgomery, Alabama.—'Yhe first four days of the week were received Into Great Britain, 700,310 were re exported to the
lainy, but the latter part was clear and pleasant, the rainfall for Continent, making tho total supply to foreign Europe 3,533,460
tlie week reaching one inch and seventy-two hundredths.
The
The bales, and leaving 3,001,830 for British consumption.
thermometer ha.s averaged 59, the extremes being 40 and 78.
stocks at the close of the year showed a decrease of 36,430 bales
Helma, Alabama. Knin fell at this place on two days during as compared with those of twelve months previously, so that the
the week past, the rainfall aggregating one inch and tliirty-two deliveries were 5,561,700 bales, of which 3,115,130 bales were to
hundredths. The thermometer has averaged 51).
English, and 3 440,580 bales to Continental spinners.
The average weekly deliveries were, to English spinners,
Madison, Florida. Telegram not received.
Macon, Georgia. It rained here two days during the week. 59,900 bales, against 61,983 In 1874, and to Continental spinners
The thermometer for the same period has averaged 56, the 47,107 bales, against 45,939.
highest being 76 and the lowest 37.
Of the 700,000 exported from Great Britain, about 140,000 bales
The weather is favorable
for planters.
On the 13th inst, one of our cotton warehouses went to the Baltic, and we have advices of 433,000 bales having
was burned, causing a loss by fire of about 150 to 300 bales of arrived at Hamburg, Bremen, Rotterdam, Amsterdam, Antwerp,
Havre, Barcelona and Genoa. The remaining 133,000 consisted'
cotton.
Atlanta, Georgia.
Two days of the past week wore showery, of transit cotton forwarded through Dutch, Belgian German and
the rainfall reaching one inch and twelve hundredths.
The other ports, but respecting which we have not been able to obtain
the necessary details. In the table below the 140,000 bales to
thermometer has averaged 00, ranging from 40 to 74.
Columbus, Georgia. It was showery on two days this week, the Baltic and 133,000 to miscellaneous ports are included in the
the rainfall reaching one inch and two hundredths. Average 654,000 bales put down to Russia, &c.
The balance, 393,000
bales, was imported by Russia, Sweden, Italy, &c., direct from
thermometer 53, higliest 70, and lowest 34.
tSatannah, Georgia.— "HXwre were two rainy days here the the countries of growth, namely, 330,000 bales from America,
past week, but the rest of the week was pleasant. The rainfall 36,000 bales from the Brazils, 47,000 from Egypt, and 79,000
has reached one inch and ten hundredths, and the thermometer bales from India. (Those figures mako a total of 665,000 bales,
but 11,000 bales were re-exported acd included in the general
has averaged .58, the extremes being 43 and 80.
Augusta, Georgia.— It rained heavily on two days, the rain- imports into the ports named above.)
In 1874 the direct imports
fall reaching one inch and twenty nine
hundredths. The re- were 193,000 bales from America, 33,000 baffes from the Brazils.
mainder of the week has been pleasant, the thermometer aver- 33,000 from Egypt, and 79,000 from India,
aging 59, and ranging liom 85 to 78.
As stated in previous annual reports, it is not easy to trace tho
Charleston, South Carolina. On two days of this week it was ultimate destination of the cotton delivered from the various
showery, the rainfall reaching sixty-four hundredths of an inch. ports of the Continent. A portion of last year's imports into
Germany passed on to Russia. Much rf the'cottou put down to
1 ho ihenuometer has averaged 58, ranging from
44 to 73.
The following statement we have also received by telegraph Holland and Belgium pa.ssed through those countrie.=i to Germany,
showing tlie height of the rivers at the points named at 3 o'clock Austria, Alsace and Switzerland.
Feb. 17. We give last yexr'a figures (b'eb. 19,
The deliveries to American spinners. North and South, last
1875) for com-

—

.

.

—

—
—

—

—

—

parison.

,-Peb.l7 '76^
Feet.

New Orlasns.. Below high-water

Jjemphla
nMBTllle

marlt

Above low- water mark
Above low-water mark
»ttr8veport....Above low-water mark
Yiciubiirg ...Above low-wdter mark

4
33

Inch.
7

S

28

M

3

14

J

r-Feb. 13,'75.^
Feet.

Inch.

3
10

8
10
3
8
5

10
81
ar

season amounted to 1,190,000 bales, against 1,313,000 bales in
1874 and 1,301,000 in 1873, being a weekly average of 33,880
bales in 1875, against 35,350 in 1874 and 33,100 in 1873.
Tho number of spindles in the United States, according to
the valuable report published by the New York Financlal
CuRONicLE, is 9,53!),364, of which 9,057,543 are in the North
and 481,831 in the South,

SPINDLES AT WORK IN 1875.
of
So far as we have been able to ascertain, the number
spinning spindles in existence at the close of 1875, compared
with twelve months previously, was as follows
:

Klnsdom
ConUnent ^
TTnltpd

....
..•...

Dnued&tktevv.:;::-

..;:::::.:::

Total

1874-

1875.

GreatBritain

Continent
United Staies:.....;
Total

Per

.

ct.

diate requirements.

68,461,000

CO,.581,OJO

PBOBAULE REQUIREMENTS OP EUROPE POR 187G.
Under this head we have little to add to the remarks contained I
In
in our Annual Review for the season, issued in October last.
j

^m

45 6

1,306

35
_19-4

eiws

lOO^O

1874
Total. Per ct.
46
3,107
330
2,267

.

,

1>1 _21^
6,8J5

^imo

101.0

1873.

.

,

Total. Per ct.
48 6
3 108
l.WO
30 8

.

1800.

.

Total. P. ct.
2,817
.^
.Sf5
1,794

Ifl'

i^l?

^

6.3'J9

lOQ-O

6,699

«

Jl?
100-0

The stocks in the hands of English spinners are about the
same as last year. Continental spinners held only a bare work-

now

ing stock at the end of September, but they
of about 80,000 bales.

hold a surplus

THE COMPETITION OP EUROPE, AMERICA AND INDIA.
In OUT last annual report we pointed oat a feature in the
figures relating to the comparative consumption of Great Britain
and the Continent "worth the serious attention of those who
have been and are still directly or indirectly seeking to increase
the cost of production in this country," and for the benefit of the
same people we append the following account of the consuming
power of Great Britain, Continental Europe, the United States,
Hnd India, lor 1876, compared with 1800, premising that by India
we mean only the consumption by machine power in the Bombay
Presidency alone. The figures are in bales of the uniform weight
of 400 lbs. each:
,

Great Britain

Continent
United States

-^
1860.
P. ct.
Bales.
2.817,000 494

1,794,0,;0

315

1,088,000

191

,

1870.

,

Bales.
P.ct
3,167,(00 410
2,3S2,000 .33
1,441,000 201
164,000

23

Bombay

.

Increase.
Percent.
Bales.
370,000 13 1 131
568,00) sro)
.3.53,000
32 4V37B
164,000 ....)
.

1,4.>5,C00 25 5 -MS
1000
7,154,000 100
The average annual increase in six'een years is only 0'82 per
.<;ent for Great Britain, against 2'35 per cent for the remainder of
(t\ie world; that is to say, the consumption of the Continent,
America and India has increased almost three times as fast as
Not the least unpleasant feature of the
rthat of Great Britain.
.case is tliat the slow movement in Great Britain and the rapid
.movement in other countries has been most strikingly visible
.during the past three or four years. What may be in the future
lit is impossible to say, but it is very clear that Lancashire cotton
^Bpinne^s have now much keener and more successful foreign
•competitors to deal witli than they had only a few years ago.

5,699,000

Total

1

19,1150.000

a comparative statement of the relative positions
«f Great Britain, Continental Europe and the United States
The
tliree years and 1860.
< North and South) in each of the past
of
deliveries are given in 1,000.1 of bales of the uniform weight
400 pounds each. Tlie entire statement is based upon the details
Stategiven in the table under the heading of " A Comparative
ment of the Movements of Cotton in Europe and the United
States for the Years 1875, 1874, 1873 and 1860."
Total.
3,076
2.863

]

37,5c6,000

is

,

and somewhat timid manner. There is a disposition to speak and
write cheerfully, but there is an absence of healthy enterprise.
It is expected hat the low prices -will eventually bring about 1
something akin to activity, iSut at present there is no dispositioaj
to operate beyond the extent necessary to meet actual or imme-

1875.
.S8,12J.OOO
20 8 10,000

rnOPORTIONATE CONSUMPTION.
'Subjoined

[February 19, 1876.

rHE CHRONICLE

186

STATE OF THE CONTINENTAL TRADE.

The state of trade on the Continent in 1875 presented pretty
much the same features as in Great Britain. To importers of the
raw material the year was very unsatisfactory, and considerable
loss fell upon merchants in the leading ports; but spinners and
manufacturers did moderately well, except those spinners who
imported largely of the raw material in expectation of an activity
Taking
in trade and a rise in prices which did not take place.
the year round it did not realize the favorable anticipations current twelve months since.
In Frunce consumption again increased, and the year's results
were satisfactory, especially to manufacturers, though the profits
were not so large as in 1874. In Germany business was moderately active the year round; the demand kept pace with produc
tion, but no more; producers escaped working at a loss, but they
Trade in Alsace and Lorraine
did not make any great profits.
was fairly satisfactory. In Switzerland consumption was fully
maintained, but the demand was interfered with to some extent
by the disturbances in the East au important vent for Swiss
In Holland spinning was pretty remunerative, but manfabrics.
facturing was unsatisfactory, owing to the unfavorable state of
trade witli the Dutch East Indies the principal external market
No new feature was developed in
for Dutch cotton products.
Belgium; the consumption there is only small, the bulk of the
imports consisting of cotton in transitu. In Austria the profits
on spinning were very meagre, especially to those spinners who
held large stocks of the raw material at the opening of the year;
weaving was more remunerative. During the last three or four
months, business has been disturbed by tlie unsettled state of
home politics, and the threatening attitude of the Eastern quesOne feature of the year was an increase in the proportion.
From Italy
tionate production of the coarser counts of yarn.
the accounts are very satisfactory; both brandies of the industry
Condid very well, though weavers did better than spinners
sumption is increasing, and new machinery is consequently being
In Spain business was quiet but sound, the disput up.
turbed state of the country notwithstanding. Messrs. Canadell
and Villavechia, of Barcelona, estimate the increase in spindles
In Russia a full rate of consumption was
in 1875 at 100,000.
kept up, and trade was fairly profitable; the same remark applies
to Sweden; in both countries additional machinery has been

—
—

brought into use.

The generally disappointing character of the business results
of 1S75 causes the prospects for 1876 to be viewed in a cautious

that report we estimated the requirements of Great Britain for j
the season, ending September liOth next, at 1,305,000,000 lbs.
On the basis of this figure for the first nine months of 1876, and
an increase r^f 3 per cent in the rate of consumption for the last j
three months, the requirements for the year will be about 1,375,.
000.000 lbs., against a consumption of 1,330,388,000 lbs. in 1875.
The Continental consumption for the seasou we computed at
937,000,000 lbs. Adding 3 per cent for increase in the last three
months' of 1875 will give about 945,000,000 lbs. as the requirements for the whole year, against a consumption of 915,000,000
lbs. in 1875.
The following, therefore, is our estimate of the consumption j
of Europe in 1876:
f
Per week. J
Balec
Per cent.
Lbe.
,

]'

.

GreatBritain
Continent
Total

1,275,000,000
945,000,000

57.43
4J.57

3.228,000 of 395 lbs.
2,443,000 of 3-6 lbs.

2,220,000,000

lOO.OO

5,676,0..0 of 391 lbs.

i

62,07rl
47,019|
109,C

PROSPECTS OF SUPPLY FOR 1876.
Twelve months ago we estimated the import into Europe from
all sources for 1875 at 5,470,000 bales; the actual arrivals were
5,.525,000 bales, or only .55,000 bales more than our estimate.
There was a material deficiency in the imports from the Brazils,
West Indies, &c., but this was more than counterbalanced by the
excess in the arrivals Irom America, Egypt and India, owing
mainly to the extraordinary rapidity with which the new crops
of America and Esrypt were marketed the imports in the last
three months of the year being 680,600 American, against only
493,360 in 1874, and 213,900 Egyptian, &c., against 186,650 bales.

—

In our October report

we

estimated fthe probable import of

American for the season 1875-6 at 2,750,000 bales. This computation was based on the supposition that the crop would range
from 4,000,000 to 4,100,000 bales, or an average of 4,0-50,000
bales, and that American spinners would take 1,.300, 000 bales.
In the same report we stated that with an open winter the crop
might roach 4 250,000 bales. In some measure the winter has
approached the character of openness contemplated in our
October circular. Picking has been serioujly interfered with by
frequent, and at times, continuous rains, bun a large quantity of
cotton has been gathered that would not have been grown if the
frosts of October and November had been as severe and as widespread as in the corresponding months of the previous season.
This circumstance has naturally led to a general increase in crop
On the 1st of that
estimates since the beginning of November.
month the returns received by the Washington Agricultura
Bureau pointed to a yield of about 3,900,000 bales on the 1st
December, Mr. Dodge, the head of the department, guided by'
later information, and in anticipation of his closing report, statedand early in thei
that tlie yield would exceed 4,000,000 bales
current month (January), he gave 4,050,000 to 4,150,000 bales ai
*
* *
his final estimate.
;

;

The crop controversy of to-day presents almost precisely the
same features as twelve months ago. Again we hear of large
stocks in the plantations, which are to swell the receipts at the
ports in February; and again the reports of the Washington
Bureau and the Southern Cotton Exchanges are pooh-poohed as
pedantic and absurd. Again, therefore, estimates of yield are
wide apart; strict adherents to the last Bureau report confining
tlieir expectations to 4,100,000 bales, and strong believers in the
greater trustworthiness of private advices confidently looking for
In the midst of so much uncertainty,
4,400,000, or even more.
we shall adopt the medium figure of 4,250,000 bales, leaving our
readers to draw their own conclusions from the facts which we
ts
have placed before them merely premising that the recei])t8
during the coming four or five weeks will settle the questioi
whether the crop is to exceed or fall short of 4^ million bales.
Aside from the size of the crop, it is worthy of notice that it is
much lower in quality than the last, owing to tlie picking season,
though longer, having been much loss favorable than the last, in
consequence of the prevalence of rainy weather; and, whatever
may be the extent of the crop in bales, its yarn-producing power
The extent of the deficiency
will fall short of the previous one.
A reduction of 3
is variously estimated at from 3 to 5 per cent.
per cent from 4J millions would give a net total of 4,113.000
estimate
of 4,100,000,
bales, or about the same as the Bureau
which estimate, it is important to note, takes no account of the
extra percentage of dirt gathered with this season's crop.
Out of a total yield of 4,250,000 bales, American spinners will
Unless some material advance in
require about 1,300,000 bales.
prices takes place, about 40,000 or 50,000 bales will be added to
stock, leaving about 2,900,000 bales for export to Europe, or, at
the outside, say 2,925,000 bales, which, assuming the movement
of the 1876 7 crop to be as rapid as that of 1875-6, will be about
the extent of the import into Europe in 1876.
The year commences with 40,000 bales less afloat from India than
expect that the shipments will show
twelve months since.
decrease of from 80,000 to 100,000 bales, and, therefore, that the
import for the year will not exceed 1,435,000 bales, against
The supplies from the Brazils and mis1,563,000 bales in 1875.
cell.ineous sources have steadily diminished of late year.-", owing
to the fall in values, and we place the arrivals thence at about
the same as last year. The Mediterranean will probably give an
increase of about 80,000 bales, all Egyptian.

—

We

.
I

1

February 19, 187rf
The foregoing

:

.

'

THE CmtONICLR

]

187
TABX.

estimates compare as follows with the actual

figures of the previous three years:

AMerlcan

1875

1874.

J873.

2,92.V>00

2,&3fl,000

2,fi44,0l)0

.VtO.CWO

540,000
472 0:0
1*1.000
1,S«3,0I0

2,895.000
637,000
482.000

Brazilian

550,000

Mediterranean

West

Indian,

&c

1.35.000

1,445,000

East Indian

H-M,000
.w;,ooo

1112,000

1(11,000

1,439,000

l,2<)tl,00O

5,054,000

5,525,000

6,575,000

Total

The weight

1876.

1876.

of the import of each description

we

6,264.000

estimate oh

follows:
Balpf!.
2,9S5,(i00
S40,0(i0

American
Brazilian

Kgyptian,

Total

Pounds.

4.39

1,«?4,076,000

160
554

301,700,(01)

l:ir>,<m

2115

1,425,000

860

87,675.000
513,000,0(0

6,575,000

397

2,S15,8fl0,0C0

S6,4<l.l,Cfl

lb.

Germany and

tlolland

and Austria
Turkey
China and Houg Kong
lialy

British East Indies

Other countries
Total
Total value

-Tesra entUd necember SI,1874.
1873.
ISn.
it>.
t>.
n.

76.1
28.6
15.9
29.4
32.6
88,0

77.5
26.7
19.2
22.4

83.6
27.8
2n.9
18.2

88.1

K.a

UA

86.7

80.0

86.6

215.5

220.0
14.6

814.7

8:i.«
16.7

£

lai

1871.
ft.

85.3
!».«

»i.6
80.8
88.5
gi.a

1.5.9

W.8
l».l

84.8
iS.l
lin.5
18.

A

S.'iO.idO

Ac

WcBtlndies, &c
Kast Indian

Average.

To—

comparative statement of the movements of cotton in Rurope
and the United SUtes for the years 1875, 1874, 1873, and 18G0:

I

This prospective supply is slightly less than the estimated
requirements. Tlie important feature is that an American crop
of 4,250,000 bales is required to meet the wants of the world.
Such being the case, it may be taken for eranted that even
4,850,000 bales would not be too much to handle.
PROBABLE COURSE OP PRICES IN 1870.
With supply and demand at about an equilibrium, one would
not, under ordinary circumstances, look for any material variabut, as pointed out
tion in prices from the rates now current
in our October report, the market for two or three years past has
been under the control of extraordinary (last year very extraordinary) circumstances.
Even yet cotton is not on its own merits.
A protracted series of internal misfortunes, brought about by
over-production, aggravated by adverse external influences in the
shape of bad trade and 6nancial crisec in every important centre
of monetary and commercial activity throughout the world, have
so demoralized the business community that pessimism is everywhere rampant and we do not remember a new year which
opened so lifelessly or so utterly devoid of clieerfulness as has
;

;

upon which we are now entering. Look which way we will,
is not visible a single gleam of hearty hopefulness, and a
thoroughgoing optimist is quite a curiosity. Some day a great
ciiange will come, but when, it is impossible to say. So far as cotton
concerned, all that we have to say for the present is, that prices

tliat

there

-Deliveries for Consumption.-

Yearly Totals, in Thousands of bales.

Countries.

Weekly Averages,

In bales.
18T3.
1860.

1875.

1874.

1873.

1S60.

187.5.

1874.

3,tl6
607
205
Belgium
178
Germany
388
119
Trieste
(ienoa
73
Spain (Barcelona only). 192

3,221

3,181

6'9

520
180

59.9 '4
11,673
3.1M2
3,424

6I,»'<0
11,.327

GrcatBrltain
Franco
Holland

189

2.633
021
117
64

472

440

.3117

7,46i

116
65
193

I:W
72
172

77
78

i,na

2,2:11

10,115
3,463
2,481
8,461
2,500

106

1,404
3,092

6.54

6)7

409

3M

12,.577

1.250
3 711
12,250

3,808
9,019

Total for Europe.. 5,561

6,612
1,313

5,.3a8

4,321

1,190

1,201

978

& Am.. 6,761

6,925

6,5;3

.5,899

liussla,

&c.*

..

United States
Total Europe

Great Britain

Holland

60,083
11,942
2,260
],8St

6,804
1,488
1,?86
*,oau
6,211

1,8'!4

106.948 I07,92i 101,961
82,s(<4 85,250 23,090

88,077
18,80Si

189,826 1.}3,1?2 125,057 101,885.

1874.
I,2b4.0

1873.
1,213.2

1860.
1,126.9

18J5.

2)2.3
77.9
67.4
148.6
58.1
27.7
-67.2
256.0

289 7

20.M

2!)8

71.3
47.6
174.6

6:t.3
4.-1.6

809.7
48.3
ao.5

168.4
50.3
26.7

187.1
31.7
31.0

48

.59.11

464

.

.
.

Trieste

.

Genoa

.

Spain (Barceloni only)
Russia, &c.*

.

4.5.8

81.5
65.0
848.0

109.8

137.1

2,175.5

2,171.8

2,0.!1.4

1,»H.7

.582.4

.516.4

528.4

485.2

Amer.2,097.9

8,718.8

2..559.8

2,279.9

Europe

United States

&

s,.5rr

1875.
.1,230.3
.

Total Europe

8,519

^Deliveries for Consumption,^ St<x;k in the Ports"
Yearly Totals in MillioiiH of
December 81,
ponnds.
inTho usandsof balesw

Countries.

To'jil for

183
134

«1,2;«)

.

673
60
12
3

6
48

1874. 1873. isao.

780
li6
71
6

88
8
8
68

695

778
95
id

106

88
2
SO

12

43
8

10

11
19

8
fO

1,048 1,084 1,051

782
629

803

801

732

1,850 1,945 1,783 1,411

i.s

below the average cost of production that, consequently,
a sharp reaction must come and, therefore, that
.iliinnera and manufacturers will act wisely in not risking much
ill tlie form of
uncovered contracts for the forward delivery of
varus and goods.
Last year the average price of middling uplands was 7fd., but so low a figure would not have beeu witnessed if it had not been for the discredit and disorganization
which followed the Collie and other failures and unless some
:iri'

;

Soulier or later

;

flgures relating to Russia are exchfive of cotton received from
Bokhara. The 654,000 bales include 68,000 bales to Venice, Naples, Ac, and
24,000.to Lisbon, Malaga, &c.
*

The

An estimate of the weight and value of the total prmluotion of
cotton manufactures in Great Britain, with tlie cost of cottonconsumed, and the balance remaining for wages, all other
expenses, interest of capital and profits for each of the past four
years

•

;

unforeseen political or financial occurrence takes place, we shall
bo surprised if the average price for 1870 is not much higher
tlian the figure now current.
in the course of a few mouths the direction of the market will
lie guided in a great measure by the
cliaracter of the preparations for the new American crop.
Unless a material advance
lakes place in prices, we are satisfied that less land will be sown
this year tlian last.
Last year the average price of middling
upland from January to April was 7|d. per pound, and the most
prevalent opinion as to the future was that SJd. would be witnessed in the autumn, and yet only 1^^ per cent more land was
sown than in 1874, in which season 10^^ per cent less land was
sown than in 1873, although the average price of uolands from
January lo April was about 8d. per pound. The figures for the
past six seasons compare as follows

1678.

1873.

1874.

lb.

lb.

lb.

1875.
B).

Cotton consumed
Less waste in spinnins

1,175,345 0110 l,a'0.150,000 l,2ri6,189.0'0
134.965.000
163,230,000
I45,«O4,03fl

Yam produced
Exported in yarn

1,040,380,000 1,017,920.000 1,120.52.5,000 1,088890,000'

211,940,0(0

E.Kported in piece ffoods,
apparel <fcc
693,810,000
Retained for home consumption aud stock
129,600.000
Total as above
Declared value of

1

,23n,388,f 00

141,498,0lO-

814,687,000

220,599,000

215,490.0001

688,23.3,000

V20,0'»,000

71:),000,00O)

175,000,000

173,'26,000

160,400.0001

1,040,350,000 1,057,920,OOJ 1,120,525,(M0 l,088,89O,0Oi»

Yam ex-

porteil

£

£

£

15,8-i6.300

14 516,090

l»,J7tf,0CO

£

16,710,0«)

Declared value of piece goods
apparel. &c., exported ....
Estimated va'ue of home consumption, &c.

69,900,003

68,135,700

65,934, «!0

63,905,000

1.5,660,000

23,003,000

atX110,000

18,312,000

102,870000

104.61t000

10O.560,.53O

9.5.447.000

48,tt54,000

45,141,000

40,225,900

36,528,000

.54,216,000

59,171,000

00,334,020

58,921,000

:

Average
Seasons.
18TO-71
1871-72
1812-73

price.
Jan. to April.

ll>id.
IVtd.
11 l-16d.

Acres
Sown.

Average

Acres

price.

Seasons. Jan. to April.

8 8.55.545
7,744,0 7
8,694,071

187:i-74

..

1874-75....
18:5-76....

Sown.

9>id.
8d.

9,059,423
8,6n,iil3
8,753,464

V^d.

The average cost of producing cotton, for the entire South, is
probably less now than it was half a dozen years ago, owing
partly to the fall in the value of labor and partly to the increased
proportion of land sown in the more fertile and therefore less
expensively cultivated region in the Southwest (especially in
Texas, in which State l,iU4.000 acres were sown this season,
against only 713,000 in 1871, and 900,000 in 1870), but that preparation for a large crop will be mnde throughout the cotton region
at 6Jd. is, to say the least, highly improbable.
The following are the exports of piece goods and yarn to the
chief districts of the world, during 1875, and the corresponding
totals for the four previoiig yearii.
(The figures represent millions and tenths, viz :— 39.0 yards equal to 39,000,000 yards.)
PIECE ooona.
-Years ended December

To—
Germany and Ilolland
France
Portugal
(iibraliar and Malta
Italy and Austria

Torkey, Syria and Egypt
West and South Africa
British North America
UaitedStaies
West Indies and Central America
Brazils

1873.

1872.

1«

Yards.

Yards

Yards.

Yards.

Yards.

116.9
87.8
70.6
41.7
101.7
356.8
38 4

110.5
119.3
72.7
49.1
85 8
400.2

106.8
108.2

48 2

46.4
105.4
851.2
178.8

3;i.7

70.1

56.8
101.3
513.9
43.6
42.5
109.5
251.0

i:*).3

106.4
72.5
59.0
87.9
518.1
48.1

41.3
132.9
2.)2.B

VMM

1608

436.0
90.6

413.7
60.4

373.8
27.9

1,231.4
46,3

1,28.3.6

1,110.1

807.5

46.8
230.0

46.4
189.4

1P6.0
188.0
430.5
31.1
991.1
45.9
1S2.8

8,669.9
53.5

8,603.3
55.0

3,482.7
56.5

8,535.1
68,9

OiUer South American States
China and llohg Konu
Java nnil Philippine Islands
British East Indies

1 15.

Australia
Othar coDDtries

„ ToUl

TotaJvulue

1874.

79.8
1B5.9
196.8

. .

31,

1875.

£

1.59.1

ior.4
88.0
57.2
45.4
88.5

471.2
42.5
82.5
12:1.8

210.8
109.0
100.7
506.4

419
1,022.7
;i2.6

10U.3

3,410.9
53.0

Total value of goods pro-

duced
Cost of cotton consumed....

Balance left for wages, other
expenses, interest of capital

and

profits

The weight of yarns and goods produced, the quantities exported and consumed at home, and the slock ou hand at the close
of each year:
1872.

1873.

1874.

lb.

lb.

lb.

1875.
tt>.

stock on hand .January 1....
40,815,000
24,875,000
39,873,000
.39,801,000
Yarn and manufactures produced
l,04O,.581,n0O 1,017,920.000 1,120,555,000 1,088,890,000
Total supply

1,080,655,C03 1,102,795,000 1,160,400,000 1,188.691,000

Yarns and goods exported..
Estimated actual
sumption.

home

910,780,000

90J,92U,C00

946,599,000

929,490,000

145,000,000

160,000,000

174,030,000

105,000,000

con-

Total deliveries

1,055,780,000 1,062,920,000 1,120,599,000 1,091,490,000

Stock on hand December .31.
Stock of coltim held by the

24,875,000

.39,876,000

39,801,000

34,801,00

trade, Dec 31.....
Stock of cotton in the ports,
December 31 .. .

57,320,030

52,184,000

50,498,000

53,678,000

2W,207,000

2S3,405,rOO

299,036,000

272,234.000

307,402,000

37.5,464,000

889,8.35,000

360,103,000

Estimated total weight of
yams, goods and cotton, Dec. 31

Gunny

—

Bags, Bagging, &c. During the past week the market for bagging has ruled very (juiet, and no sales of any consequence have been consummated. Prices are nominally quoted at
13@13ic. At the close there are rumors of a sale of 2,500 rolls,
but we cannot vouch for its correctness. Bales are quiet and
nominal at 9(a9ic. lor India, and 12J@12}c. for Borneo. Bags
neglected and quoted at ISJc. for 440s. Butts have coiue to hand
in sufficient parcels to fully supply the wants of buyers, and
orders are scarce at the moment. Sales here and in Boston for
the week are 3,500 bales at 3i@3ic., cash and time, and at tlie
close holders are asking these figures.

:

.

^

IHE CHRONICLE

188

:

Feb.

Jan. SR.
Sales of the

week

64.000
40,0C0
21.000
5,000
0,000
roa.ooo
356,000
.
101.000
69.000
',000
..
393,000
312.000

bales.

Sales American
Forwarded
of which exporters took
of whlcli Bpecalatore took

Toul stock
American

Total Import of the week
of which American
Actual export

Amountalloat
of which American
Sales American

Feb.

4.

Feb. 18

11.

49,000

55,000

57,000

isiiido

M^OOO

ah'.ooo

5,000
4,000

n,OUO
5.000
193,000
43J.0O0
131,000
87,000
5,000
318,000
205 000

74:i,000
3<)0,000

104,000
l.'i.OOO

6,000
3S6.00O
301,010

(i.030

5,000
Sli.OOO
431,000
1-JiOOO
98,000
4,000
17.000

83,000

for the week
Tlie f oilowins table will show the daily closing prices of cotton
Fri.
Thura.
Wednes.
Tnes.
Mon.
Satnr.
Spot.
15-10
5-i«
•1»
Mid. Upl'ds. ..m Mli • (ae 7-16 ..m I-K . &6H
..@li«
..m»H
..@6«
..@6X
..©'Ji
do Orl'ns. ..@6Ji
Futures.
SATCRDiY.— ^pril-Mav aelivcry from Sav. or Clm9.,Low Mid. clnase, 6 t,;3S.
Jan -Feb. alipment from si.iv. or Chas.. Low Mid. clause, by oail, 6 l3-«'i;
MONPAT.— January shipment from Sav. or Chas., Low Mid. clause, by sail, If
required. 6 15-3;d.
.,,.„«,
^
,„,
February delivery from Sav. or Chas., Low Mid. clause, b ll-32d.
May-June delivery from Sav. or Chas, Low Mid. clause, B 17-3Jd.
TuisDAT.— February delive-y f om Sav. cr Chas.. Low Mid. clause, 6 S-l'id.
iv-Tune delivery from Sav. or Chas.. Low Mid. clausi;. 6Xd.
June-July d.Hlivery from Sav. or Chas.. Low Mid. clause. 6 9-16d.
Jan.-Feb. shipment from Sav. or Chas., Low Mid. clause, by sail, if
required. C 7-16d.
„. ,
„»,^i
April-May delivery from Sav. or Chas., Low Mid. clause. 8 7-16d.
Wbdubsdat.— May-June delivery from Sav. or Chas., Low Mid. clause, 6 7-16d.
,

M

,

June-July deliverv from Sav. or Chas., Low Mid. clause, 6 17-35d.
Feb.-March delivery from Sav. or Cnas., Low Mid. clause, 6Jfd.
June-July delivery from Sav. or Chas., Low Mid. clanse, 6! Jd.
July-August delivery from Sav. or Chas., Low Mid. clause, 6 9-lCd.
March-April shipment from Sav. or Clias, Low Mid. cbnse, by sail,
if required, 6Xd.
,,,,
,
Thursday.— May-June Uplands delivery. Low Mid. clause, b%iX.
June-July Uplands delivery. Lew Mid. clause. 6 7-16d.
.lannary Uplands shipment, 6 3-16d.
January Uplands shipment, Low Mid. clause, by sail, 6 9-32d.
January shipment from Mobile, Low Mid. clause, by sail. 6 ll-32d.
Feb.-March Uplands delivery from Savannah, Low MJd. clause, 6 5-3id.
March-April delivery, 6 7-3S!d.
Jnne-July delivery, 6 13 82d.
March-April Uplands delivery, Low Mid. clause, 6 S-16d.
May- June Uplands delivery, Low Mid. clause, 6 ll-3Jd.
FaroAY.— January Uplands shipment. Low Mid. clause, by sail, 6K<IMarch-April Uplands delivery. Low Mid. clause. 6>id.
May-June Upands delivery. Low Mid. clause, 6 ll-3Sd.
January— Up'ands shipment, 6>kd.
April-May delivery,' Low Mid. clause, 6JK'd.
May-June delivery, Low Mid. clause, 6 5 16d.
June-July delivery Low Mid. clause, 6\&.
Jan.-Feb. Uplands shipment. Low Mid. clause, by sail, 6 .3-101.
Feb. Uplands delivery. Low Mid clause, 6 l-16cl.
April-May Uplands delivery, Low Mid. clause, 6 3 IQd.
Feb.-March Uplands shipment, L iwMid. clause, by sail, 6)id.
,

,

from New York, this week, show a
decrease, as compared with last week, the total reaching 5,080
Below we give our usual
bales, against 9,7i^0 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1875; and in the last coluiun tlve total
for the same period of the previous year.
Bzporta of Cottontbales) from 'Sew VorU since Sept. 1 , 1 8TS

The Extorts of Cotton

Same

WEEK ENDING
Total

XPORTBD TO
Feh.

Jan.
26.

Feb.

Feb.

9.

16.

2.

period
prev'us

to
date.

Andiew

—

Lake Michigan, 2,807. ...Zealandia, 3,105
.Mugnnlin. 8,43o
per barks Vlri;en del
a9,28!i
Carmen, 2.l2n....Vesnvlo, 1.553.... David .Halcomson, 3,77ti
To flork. per ship Bonanza. 3,708
3,'i08i
per barks. Ruby. 2 914..
To Havre, per ship Oen. Shepley, 3.340
per schr. Georgetta
Embla, 1,761
Karsten Langaard, 1,95U
Laurence, 1.1S4
11,188
Constantia, 3,570... per bark
To Bremen, per ships Uhland. 2,701
Lovitt, 2.831...
4, 60..

..Duurobin,

Aus

7.31->

ralia. 1,041

To Antwerp, per barks Ergo, 1882 ...Ocean,
To Barcelona, per bark Maypf, 1,2!0
To Geuoa, per bark Proserpina, 2,192

Mobile — To Liverpool, per steamer Australian,

1.413

3,2S;

1,82

—

6,169

%,iV.

pej ships Royal

I

Dane, 4.933 .. Ironsides. 4.4
per bark West Derby.

To Havre,

S.tiOl ...per brig Osse
ship ,Tane Fisp^ 4,900
To Rega. per brig Atlantic. 910
To Barccio a. per steamer Rita, .',803
Chablkston— To Havre, per bark Bnlgin, 1.370 Upland

1,240

•,

To Amsterdam, per

4,1
I

X,i

1,

.

To Am^tei-dam, per bark Agnes, 2,640 Upland
To Gottenbnrg, per brig Bravo, 912 Upland
Toaport in the Mediterranean, per bark Lalia, 1,340 Upland
Savannah— To Liverpool, per barks Queen Victoria. 2,26') Upland.

8,6'
(ft:

1,3H

Lare. 3,168 Upland and 69 Sea Island

5,'

To Hull, per steamer KoUi, 4,780 Upland
To Cork or Falmouth for orders, per bark Kite Crosb.v, 2,650 Upland
To Bremen, per steamer Berlin. 5.010 Up and
Josef.i. 350 upland.
..
To Barcelona, per bri.^s Ana, 21)0 upland
TitXAS— To Liverpool, per steamer San Marcos,

4,7i
2,ft
.5.<iia

0.51

..per sbi,) .\rper bark Pallas, 959 ...per bri^ Kdna .M. G.e^'u y.

zi!la, 3,143

1.527.

6,7

Poinoni. i.l9l
ToFieetwood, per barks Milton. 1.374
To Cork or Falmouth for orders, per bark Amal, !.4JJ ..
To Amsterdam, per bark Bieistadt. 1,730
Wn.MiN(;T0N— To Liverpool, p t bark Juno, 1.189
Norfolk — To Liverpool, per ship Kate Prince, 4.481
To Cork or Falmouth for orders, per hark Mist otoe. 1'JT
Baltimore — To '*remen, per steamer Nurnberg, 10

2.5'«1
l.tOJ
1.731
I.I-'9

4.4-»l

3.001
ll»

.3.

>

PmLADELpniA — To Antwerp, per steamer Nederland,

362

H7,e

Total

particulars of these shipments, arrang-?d in our usual formj

The

are as follows
iviver-

pool.
4,583
29,289
15,465

New York
New OrUans
Mobile

Bre- .-^mster- .\nt BarceHull. Cork. Havre, men. dam. werp.
100
3,295
3,708 11,188 7,312
4,900
3,840
....

Charleston

2,li40

1,370

Savannah
Texas

8,650
1,400

6,497
6,776
1,189
4,484

Wilmi^igton
Norfolk
Baltimore
Philadelphia

5,040
r,730

3,657

100

67,aa3 4,830 10,763 16,398 12,452 9,270 3,657 4,570 137,624
Total
Included in the above totals are, from New York 397 bales to Hamburg from
2,1'.)2 bales to Genoa; from Mobile, 940 bales toRega; from
Charleston, 912 bale< to Gattenburg and 1,340 bales to a port in the Mediterranean from Texas, 2,563 bales to Fleetwood.
;

New Orleans,
;

Below we give

news received to date of disasters, &c., ti
from United States ports
ST4TE or Nevada, steamer (Br.), from New York, before reported in collision
all

vessels carrying cotton

1

:

Antwerp, had rudder twisted, rudder port bent, and foot of propeller
frame broken.
Progress, ship (1.619 tans, owned by Snow & Burgess, New York), Stevens,
from Galveston Jan. 6 for Liverpool, was abandoned at Sea Feb. 7. The
captain and crew arrived at Halifax on the llth. in schr. Esquimaux, from Gloucester for Halifax. Capt. Stevens reports Feb. 1. gales
com nencnd anl continued to the 6th. causing the ship to spring a leak,
and had from six to ten feet of water in the hold determined to make
for the nearest nort; but owing to the gales and cold was obliged to run
south until the Esquimaux hove in sight and rescued us, in Ion. 59 30,
When abanloned. the ship was unmanageable. Eight of the
lat. 42 41.
crew were sent to tlie hospital at Halifax, being badly frost-bitten before
at

year.

14,948

9,5-)9

9,695

4,581
100

241,719
1,644

194,187

14,948

9,59D

9,625

4,083

246,263

194,187

1,765

4,022

other British Ports

iFebruaiy 19, 1876.

The exports of cotton from the United
SlliPi'iNO Nkws.
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, those
137,634 bales.
are tlio same exports reported by telegraph, and published. in
The Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
New York— To Liverpool, per steamers City of Montreal, 1,77J.... Coltic, 9,r,61.... Calabria, 661.... Colombo, via Hull, 96
4,583
To Hull, per steamer Colombo, 100
105
J
To Hamburg, par steamer Wieland, 397
397 T
per shins
New Oklban;!— to Liverpool, per steamer Texas, 5,013

3:!i.000
;.'

.

—

Liverpool, Feb. 18— 3;00 P. M.— By Caulb fhom LivKnpooii.— Estimated sales of tlie day were 8,000 bales, of which
Of to-day's sales
1,500 bales were for export and speculation.
given as
4,700 bales were 4.merican. The weekly movement is
tollows

of which

:

..

:

Total to Gt. Britain

;

5

Other French ports

...

total Frencli

5

1,765

4,022

100
'397

19,659
8.334
12,4 18

11,513
14,735
1,750

397

40,301

27,998

leaving the vessel.

Bremen and Hanover
Other

51

67
49

250

463

901

569

600

po'rtB

Total to N. Europe.

100

10

Bpain,Oporto& Qibraltar&c

"59

Allothers

4C9

409
10
59
Total Spain, See
5,fi80
288,738
236,217
9,730
15,908
10,168
Grand Total
The following are the receipts of cotton at New York, Boston,

Philadelphia and Baltimore for the last week, and since Sept.

and some

Ji297, 0.8.

Feb.

This
week.

New

Orleans..

Texas
Savannah

4,310
73:1

2.097

Since
Sept.

BO8TOK.

j

This
week.

1

1.

86,899
67,246
68,269

Since
Sept.l.

1,150

7,263
3,829

Steam.

617

I6.7.12

BALTIMORE.

Saturday.

This Since
week. SepU.

This Since
week. Septl

Tuesday...

Monday.

130

Sail.
d.

'126

12^731

'281

10',5.56

1.52

....

731
1,073

8,918
17,148
46,249

2! 9

4,126

.

..@5-16

.

.

.

Florida
8'th Carolina
N'th Carolina.
Virginia
North'rn Ports

135
1,156

Tennessee, &r
Foreign

9,325

VoUl this year

81,171

623,943

Totallast year.

17.780

554,425

1,084

Wednesday

..@5-16
..@5-16
Tliursday..
..@5-10
Friday. ...
Market nominal.

8,027

314

1,316
1,026
1,938
2,260

1

43,880
55,788
48,643
4

....

1,909

28,157

6,9S1 176,952

1,435

36,018

8,495

86,986

9,381 184,771

2,464

39,958

2,532

86,705

..@«
..®«
..©«
..©«
..@V
..®X

,

Iiave been as follows

—

—Havre

Bremen.

,

Steam.

Kail.

c.

Steam.

c.

..©«
..®?<

.

1
1

..@%

..

1

®Ti

..

1

..

1

..

1

..©«

&%

-Hamburg.^
3team.

Sail.
c.

c.

..

:

<^

comp.
comp.
comp.
comp.
comp.
comp.

c.

11-16
11-16
11-16
11-16
11-16
11-16

1
1
1

1
1

1

Sail
c.

somp.
comp.
comp.
comp.
comp.
comp.

BREAD STUFFS.

...

6,686
71,279
38,249
153,240
6,8(0
135,780
1,500

©5-16

..(a5-16

1,592

Mobile

week

Liverpool.

1, '75

PHILADELP'IA
1

4,716 bales cotton, valued at
will foot up some $350,000.

14, leaking.

Cotton freights the past

d.

HKW YORK.

The cargo consisted of
The loss all told

beef.

Steamer Geo ^hattnck left Halifax on the 12th to search for the wreck,
as also a steamer from Cape Breton for the same purpose.
D. H. Bills, bark. Penny, from New OrleansUor Havre, which put into Ke;^
West, Dec. 8, in distress, having completed repairs,salled for destination'
Feb. 10.
Enterprise II.. bark (Dutch), from New Orleans for Havre, ashore on Colorado, had discharged 750 bales cotton Jan. 14, and the discharging was still
goingou.
Habby L. Whitton, brig. Rich, from Mobile for Barcelona, put into Norfolk

FRIDAY,

The

flour

P. M.,

Febniary

market has weakened somewhat

grades, and at a slight concession in the

common

in

the

18, 1876,

.

..
..
.

..

..

I

medium

shipping extras

from spring wheat, there was a good business for export, several
thousand bbls going off at |5 10@5 35, the higher price for
favorite

brands, delivered.

In other grades business has been

«

.

February

THE CHRONICLR

1876.]

19,

Some

moderate.

:

of tlia clioice family flours liftTe

become

scarce.

RIBOIUFTB

At—
NewYork

bnsinese for export, but at rather easier prices.

PorUand

and prices of spring growths
have receded 2c.@3c. p«r bushel. Shippers have been embarrassed by a scarcity and higher rates for ocean freights and a
ubsidence of speculation at the West has contributed to the reaction.
Receipts continue moderate at all points, and stocks are
lomewbat reduced. On Wednesday bids for No. 2 Milwaukee
were reduced to $1 33@$1 33} in store, and there were sellers at
duli,

OF rLOOR AND ORAIM AT SBABOAKD POBTe FOR THB

WEEK ENDED

There is a large supply of unsound extras from winter wheat,
and they have noId in the range of $4 60@li 50. Rye flour and
com meal are without new feature. Today there was a fair

The wheat market has been

189

Boston
Moulreal
Philadelphia
Baltimore

FEB.

Floor.

Wheat,

bbls.
47,888
17,671
8,676
5,4'4
15,540
15,806
11,996

bosh.
Ul.TlO
8,83i
tO.OOO
86,600

13, 187B.

Com,

Barley,

bash.

husb.

190,7SO

t,*M

8.15

4*,7M

17,100

400

?,n00
4U.500

tU)

1,000

400

....

M,800

85(1,400

85,8(10
....

478,900
86,021

3i,«00
4,000
89,168

122.850
863,648
133.534
198,078
132,553
831,441
Toul Jan. 1 todate.l,1v7,'!73 1.96v,9^4
Sametlmel875
1,001,400 1,761.703
Same time 1874
1, '84.368
5,001,081
Same time I«78
820,431
1,197,110
And 17,800 bush, peas at Montreal.

1,188.880

NewOrleani

Bye,
baab

Oats,

biub.
175,449
44,710
3,500

;

Yesterday, fair No.

spring sold at |1 31 in store choice
old No. 3 Milwaukae at |1 39 in store.
Winter wheats have remained steady. To-day, the market was dull a load of No. 3
|1 34.

1

;

;

Milwaukee sold

at f 1 35 afloat.
Indian corn has not varied to any great extent, and yet hna
latterly shown some depression under increased receipts at the
Western markets, dull foreign advices and higher ocean freights.

Prime new mixed receded to 63@63ic., spot and early delivery,
while other grades have been somewhat nominal. New Southern
has been in fair supply, at 63(a64c. Towards the close there
was some recovery of tone. To-day, there were buyers of prime
new mixed at 64c. on the spot, and 63}c. for March.
Rye has remained dull and nearly nominal. Barley has been

and the poor qualities are lower. Canada peas are dull
and unsettled. Outs have sold at a wide range of prices, but
choice qualities have brought very full prices, with a slight advance in some cases.
The demand has not been active, however.
inactive,

The following

are closing quotations

FI.0UB.

No.»

»

^t,

1

bbl. is

25a

^"'anperfine State &, 'Vfeil

„""'

'

85a
00©

4 65
5 85

4

gog

5 an

5

50^8

4

Ac

Bitra State,

S

Western Spring Wheal
extras

doXXandXXX
do winter wheat X and
,^ XX
Oity shipping extras.. ..
City trade and family

4 00

75

5 -25(3 8 75
5 40(9 8 10

ToUl

Prevlonaweek
week '75

Cor.

til.ogo
177,289
tai.iTi

l,.38il,10!i

1,040,688
8.874,887
7,3»7,674
4,376,706
3,596,851

1,4.^7,48>>

1,630,927
8,179,634
2,0«7,98i

7K,000

1,785

IM,a«M

7317

45.31S
8*8,810
888,8'0
312,988

8.818
40,773
V5,«I0
168,848

582,3511

U,I!M

Thb Visible HnrPLT of Grain, comprising the slock In
granary at t).o principal points of accumulation at lake and
seaboard ports, in transit by rail, and frozen in on the New York
canals and on the lakes, Feb. 13, 1876
Barley,
Oats,
Rye,
Wheat,
Com,
store at New York
store at Albany
store at Buffalo
store at Chicago
In store at Milwaukee
[n store at Ouluth
(n store lit Toledo
[n store at Detroit
[n store at Oswego •
In store at St. Louis
tn store at Peoria
[n store at Boston....
In store at Toronto
In store at Montreal
In store at Philadelphia
In store at Uiiltimorc
Rail shipments week
On lakes and canals
Afloat at New York
In
[n
[n
(n

hash.

bash.

bash.

bash.

bush.

5,157,463

908,818

855,618
91.000

477,788

86,011

180.678
489,870
165,778

88,857
30,400
8I.971
140,787
18,007

7,.:00

I..389,62S

8,953,861

8,90^878
78,858
496,563
190,906
210,000
433.909
10,879

865
597,939
347,867

....

83,967
1,618,745
85,487

3l<8,0a0

498.830
113,378

878,975
16,696
50,000

88,757
88,670

343,530
85.868
80.000
117,710
88,977
212,882
5.750
15,950

625,»<98

26,317
50,594
1.100
86,516

...

5,0(X)

182,:99
9,496
48,689
179,908
6,541

4,000
19,000
77,l>87

85*
1,316

..

48,800
375,793
565,544
400,000

67!:,850

.16,891.159
17,319,181
18,886,967

4,510.683
4,716,143
6,439,983

30,000
59.687
50,000
150.000

810,000
189,592
180,000

564,783
130,000
....

...

5,000
11,937

:

Ukain.
Wheat-No.8sprlng,bush.«l o&a 1 18
^o.Ssprlng
11183 186
No. 1 spring
..
1 30® 1 .w
Red Western
1 lo® 1 30

Amber do
White
Corn-Western mixed...
Yellow Western
Southern new
Kye
Oats— Mixed

1
1

Sad
40®

j
1

68«a
63ia

60®
85®
45®
49®
10®

Total
Feb.5. 1876
Feb. 13, 1875

:

8,987,.V)2

2,233,81)3

418.464

3,038,803
8,338,134

2,198,112
1,663,619

418,471»

169,880

• Estimated.

47
55
70
71
65
90
50
53
80
90

THE DRY aOODS TRADE.
Fbidat, p. M.. Feb.

18, 1876.

There has been comparatively little improvement in the trade
„White
Barley— Canada West... 1
1
this week, which is in a measure owinp; to unlavorable weather,
mily orar.da
7 00^8 75
State, 8-rowed
7.')®
southern nhipp'g extras.
5 .V)(a 6 75
which has retarded operations on the part of wholesale buyer*.
State. 4-rowed
®
Rye flour supcrUne
4 65a 4 90 Barley Malt—State
...
COa 125 A steady demand for moderate parcels of the most staple fabrics
Cornmeal— Western, <fcc. 2 ".i.'a 3 15
Canadian
1 2£®
40
Corn meal— Br" wine. Ac. 3 -lOQ 3 50 Peas-Canada, hond&free 1
00® 1 20 is, however, apparent, and dress goods, worsted shawls and cotThe movement in breadstuSsat this market has been as fol- ton hosiery have been more active in first hands. Foreign goods
lows
are dull and unsettled by important public sales of many descripRECEIPTS AT NEW YOBK.—
EXPORTS VROM NEW TORS.
tions of imported merchandise.
The feature of the week was a
1876.
1876.
-1875.
For the
Since
Since
For the Since
large auction sale of 800 cases linen goods and white goods of the
For the
Since
week.
.Jan. 1. Jan. 1. '75. week.
Jan. 1.
week.
Jan. 1
Flour, bbls.
importation of Messrs. George Hughes & Co., which attracted a
52,969
543,451
492,515
38,122
874,880
27,577
840,423
C. meal.
4,755
iJMl
28,957
3,658
20,224
1,314
!3.dl6
very large company of buyers, and the linen goods were disWheat, bus. 13,5,5i0 1,451,921
747,4)9
809,855 2,05:j,292
72,284 1,553,4M
"
Corn,
201,98> 1,904,481 8,498,815 141,114 1,909,039
tributed at very good prices. The suspension was announced of
346,079 2,061,133
Rye,
"
1,.354
21,098
6,000
16,387
Barley. "
39,334
"96 Messrs. Harris, Richmond & Shafer, importers and jobbers of
744.781
217,4.56
Oatt ..."
158,3<I0
766,300
799,S69
6430
240
4U787
12,745
tailors' trimmings, but arrangements are said to be in progress
The following tables show the Grain in sight and the move- which will enable the firm to continue in business. The jobbing
ment of Breadstuff's to the latest mail dates:
trade was a trifle more active, but complaints of the backwardBBnmPTS \T LAKE AND KIVBR PORTS FOR THE WKKK RNDING ness of the spring business were frequently heard.
FEB 13, 1876, AND PROM AUGUST 1, 1875, TO FEB. 13, 1876
Domestic Cotton Goods. There has been a steady althongh
Ploar,
Wheat,
Com,
Oats,
Barley,
Rye, moderate demand for staple gSods of all seasonable descriptions
bbis.
bash.
bash.
bash.
bush.
bush'
At—
(!96 lbs.) (60 lbs.)
(581b?.)
lbs
(48 Ihs.) (56 lbs.)
by Western and Southwestern jobbers, and some fair parcels of
brandd
6 25a 8 00
Sonthern bakers' and fa-

1

.

!

:

.

.

.

,

.
.

.

.

—

:

(.3-J

Chicago.

23,84}
89,981

Milwaukee
Toledo

ig.'j

Detroit

8,071

Cleveland
St. Louis
Peoria

8,386
18,626
1

975

DnlBth
Total
Previous week
Corresp'ng week, '75.

ToUl
same
Same
Same

88.418
76,231
57,159
"
'74.
126 817
'73.
81,157
"18
53,S53
"
"'l71,369
Aug. 1 todate .2, 720,90
time 1874-5
.3,051,817
time 1878-4
,3,515,6 5
time 1872-3. .8,991,715
.

-1

187,753

560,!f;0

226,l(i5

67,331
61,573
li.SbO
64,568
15,480

17,770
804,914
9,882
7,600
330,267
120,000

634,8i3

1,'251,403

599,9.37

97;.42.)
587,1.34

449,849
l,:ja0,0H4

703,058

1,

994.067
181,938

)

158,467
20,110
16,098
15,96*
12,760
96,082
107,800

421,261
279,821
379,048
372.026
472,488
258,775
228,681

67,710
53,700

8.216
3,186

179.357
234,604
41,743
178,248
195,591

l'J3,385
886,326
6T,610
3.37,762
6-1,366
41,.396
42,^18 i,036 85,7.54.!)iH lH,n25,.592 5.61.\373
39.675,4n4 24,521,083 1.3.596,1h9 4,901,360

and denims have been taken

Canafrom
this port footed up 690 packages
333 packages of which were
sent to Liverpool, 133 to Smyrna and 97 to Mexico. Brown sheetings and drills were in steady request and firm in agents' hands,
but bleached shirtings continued quiet, and Lonsdale, Blackstone,
Hope, Masonville and a few other less known makes were reduced
sheetings, drills

The export

for the

of cotton goods

—

.3,B0O

14,176
85,400

brown

dian and European markets.

14,771
2,641

83,945

37.928
23 500
7,229
46,658
44,412
30. 17

3

43.428
:,413,.V^2

&i7,Ha9
58,454,694 31,445,135 14,8.30,187 5,868,4.32 1,3(3,380
32,221,210 33,263,566 13,098,039 7,173,949 1,249,790

^c.

per yard, without materially increasing

their distribntioo.

Tickings, denims and cheviots were in rather better demand, but
sales

were individually

continued quiet.

light,

and dyed ducks, checks and stripes
moved steadily, and

Corset jeans and satteens

the light supply has given firmness to prices. Rolled jacconets
and cambrics lacked animation, and there was no movement of
of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St. Louis,
Cottonades
Peoria and importance in grain bags, warps, yarns or twines.
Uuluth for the week ended Feb. 13, and from Jan.
were decidedly more active, but. selection n were chiefiy restricted
1 to Feb 13
Indnsive, for four years
Print cloths were dull and nominally unto the best makes.
Wh-at,
Corn,
Oats,
Barley,
Rye,
Weekchanged, at 4|c. for extra 64x64 makes, on 30 days' credit, although
bblH.
bush.
bush.
bush.
bash.
bush.
Feb. 12, 1876
81,4.54
275,793
561.722
189,598
59,687
11,927
some cash sales were reported at 4c. Prints remained quiet and
Feb.5, 1876
77.734
307,376
543,356
132,
ll,3i5
47,893
Cor. week '75
Ii0,699
have accumulated to some extent in first hands, as is the case
287,816
477,3.'J3
187,717
35,788
7,137
Cor. week '74
101.860
462, 107
164,509
142,6n
12.013
94,870
with shirting styles. Plaid cotton dress goods were in brisk deCor.week'73
74 615
13i,045
4'*5.324
146,884
1.1.877
68,104
Cor. week '72
60411
44,921
488,455
10!,290
8'<,471
mand, and leading styles, such as those produced by the Bates,
11,953
for. week '71
49,105
44.821
354,483
45,810
12,940
6,738
Jan. 1 to Feb. 5, 1876. 18 .',211 '..658,260
Renfrew, Palmer, York, Carleton and other mills, are sold up to
4.011,4.32
9.34,228
.384.539
83,587
same time 1875
4C6,414 1,469,5)7 2,793,690 1, 018.4
:t;8,!i20
97,298
receipts.
Cotton hosiery oontinued active and firm at opening
8«itiB time 1874
760,313

Shipments of Flour and Grain from the ports

:

Ift'*

h»me time

1873

519,603

4,939,393
841,888

1,492,266

1,U4,:3«

1,168.865
1,183,944

5t^0,B87

423,882

90.563
48,483

rates.

.

^

)

.

THE CHRONICLE.

190

[Febraaiy 19, 1876,

Siiporla of l^eaaiiiK Articlea (ruiu INew kork.
The following table, compiled from Custom House reiurn?,
shows the exports of leading articles from the port of New
York since Jan. 1, 187(5, to all the principal foreign countries,
and also tlie totals for the last week, and since Jan. 1. The
lart two lines show totai oaiucs, including the value of all other
articles besides those mentioned in the table.
w^^ orfj'^Mi-vci'rtioait-M — o^ — •*t-2;'2?'S2^Sr"S'^*3 "**
3).,

—

Domestic Woolen Goods. The demand for men's wear
woolens has been sluggish and disappointing to holdera. The
larger clotliicrs
have been operating sparingly in sprin?;
fabrics, and unusual caution has been abserved by clot'i jobbers
iu making their selections. Cassimeres were in irregular deinaud
and, while the better grades were taken in fair amounts, low and
Worsted coatin;js of
qualities were almost neglected.
the best makes alone were fairly active and steady in price,
Kentucky jeans were moved in considerable quantities by means

medium

— OOOTOW

.2

of price coiicesfions on certain styles, and satinets were ia limited
request. Cloths and doeskins were more inquired for, and

5 ^ (^

X'

^ c» =^

•

t^ i;

SM

>ra

cc I-

«—

'

c-

= I-

5|a.

i-

-t

^. o -3 ji x^a=

T.Zi

"*'

•«'

— e o> ST - o
»=
=:,
« 2 tn ad jc'-^os^'t^'
t-_

-fj

«4

numerous small sales were efTected by leading agents. The
demand for overcoatings for next fall has been less active, and
few additional orders were placed by the clothing trade, most of
whom will probably carry over heavy stocks on account of the
mild weather, which has seriously interrupted sales. Worsted
dress goods and shawls were in improved request.
Foreign Dry Goods. Tliere has been a slow movement in

:3f$aSi:2SK3

2^o

§ ^ g gj

y

—

imported goods from first hands, but large sales of linen goods_
white goods, embroideries, silks, ribbons and millinery goods,
hosiery, &c., where fair avernge prices were realized. Staple
and fancy dress goods were in (air demand, but silks were leas
Damaskp, towelings, and a few oilier descriptions of
active.
housekoeping linens, were rather more freely taken by jobbers,
but clothing and shining linens and handkerchiefs remained
quiet. Kibbons were in improved request at about last year's
Woolen goods continued depressed in private hands and
prices.
White goods and real laces moved slowly. Kid
at auction.
gloves were in steady demand and firm.
\Ve annex prices ol a few articles of domestic manufacture
Colton BattR.

co9**5iio

•

.

-o tS '^

•

-OS

^ Pi

.**•

,-<

O!

•

ec^

*5
II

n
•

V

no

.a

•

no

:

18
9
16
23

Slf^;;::;:::;
Irving

Granger

Hanover
Logan
Jackson
Honest Injnn

I
I

I
I

10
18

Ilock Island

I

20

I

Russian
Standard

IJX

|

Wyoming

I

ITS

Pandleton

Sargeant

84

13.

I

do

•ii

.

Fontonoy

I

Btol3..
do

1-3

llXf, 6 to 12

24
24

XXX

I

in

12
C>

on -*

-^^

I-

(
•

Cotton Yarns.
Empres:! 6 to

S

a-

15
19

..

9

a

CO

'-C

<o

-fi

o

*H CO

^q

24
24

do

« », •«

o

Imp»rtaUouii of Drr Gooclo.
The importations of dry goods at this port tor the week ending

ft tn Oi t~ i.' en
-W —"KM?

9Z
"NT*

S

:S

•

as

Feb. 17, 187(), and the corresponding weeks of 1875 and 18i4
have been as follows
INTKItEU FOU COHSHMrTION »0R TU* WEEK SNDlNe FEBKUABT 17, 18'6:
:

.

1874
,
PligB. Value.
llanofactures of wool.... 1.447 $752,160
.

do
do
do

cotton.

Total

Pbc8

$923,853

],.361

$fi0.j,;C9

(KM''"

2.010

62!),:i39

724,7t9

l,-)Ot

8»,106

2."i7.777

3:33,359

226,786

1,1)23

224,263

1,8-5
7,06
7,06)

3.39,918
360,691
a6!),691

1

S '^S

13,720 $3,664,763

I

|

8,984 t2,6-H,493

6,752 12,774,379

^

.- lO e* (-

ow

,

Value.

1,77J

677.552

Hiecellanoooadry goodB.8,494

1S7B

,

2,195
9J4
836

71)7.224

890
975

nax

,

Value.

Pl:c«.

.2.178

Bilk

1875

,

9
p
.

J3

^

IT,.

*0

WITHSKAWN FROU WABSHOUBB AHD TUKOWN INTO THB HABKST DDRINS TBS
al

SAME period:
ManufaclurcBof wool....
cotton..
do
Bilk
do
flax
do
MisccUaneouB dry gooda.
Total

Addent'dforconsumpt'n

877
8.52

227
1,198

791

$890,906
238,013
233,442
242,471
67,739

$473,631
207,655

1,.3C6

694
72
717

73.111
l?i,:334

23,407

1,065

*-<

OD

'=

S

$224,5^2

543
640
115
690
801

180,700
115,896
13.3,757

43,691

8,945 $1,167,672
8,984 2.6J1,499

Total thrown ui'onm'k't. 12,929 $3,779,071

10,635 $3,724,449

16,414 $3,383,369

M

O.0O

2

«

so--

BNTBKED TOR WAREHOOSING DURING SAME PERIOD:
Manufactures of wool....

do
do
do

$418„520

927
418
112
412

cotton..

sUk
ttax....

Mlacsilaneons dry goods. 3,584
Total

iddent'dtorconsumKfii

5,483
8,981

801
478
202
691

2,212

$8S4,374

5.318

$920,877

12,774,279

1.3,7i'0

2,664,763

8,964 $3,658,653

19,0.38

$3,585,610

Iteceipts or Ooinestlc

Produce.
1,

1876,

Same

Jan. 1, '76. time 1875

Wheat

pkgs.

855

921

bills.

643,45!
1.18I,9S1

402,316

Corn

1,904,-I21

Data

766,300

Rye

21.09.

Barley and malt.
Urags seed.bai's.

Beans

tibis

bu h.
Peas
C. meal ..-bbls.

9.470
20,8 5
28.957
1 19,805
45
814,174
3,621
419,667

Hemp

bales,
.bales.

Hides...
Hops.. ..

.bales.

1.4,4.<3

sidr'S.

635,045

Cotton...

...No.

L(;ather.

Molasses.... hhd 8
bbls
Molasses.,

lUoio

Boein
Tar

6

355
315

35,571
1,700

31,103
879
7,198

13'i.l23

111,855
21.818

17,620
6'-l

6,477
69.278
2,452

.

.

Eggs....
Pork....
Beef. ..

81,658
91,937
59,334
37.567

0)

.coo

Silk

2"^

_2

.kegs.
.pkg».

Rice
Starch

.5,7i5

2.71 S

20.181
7.464

17,861
2.8i7
27.731

7,^193

31. I'm

ritearine...

ii,0J5

Sugar
Sngar
Tallow...

fi.680

75,538
2,966

.

.

bbls

37

.hhda
pkga.

.

Tobacco...

Ihhiis'

Whiskey.. .bbls
bales
Wool...
Dreased Hogs No.
.

.

18,.5.32'

I

9,0831
25,3281

g^

••"!

4,523
39.975

:

:

:

:pig

:SS

:§»

'"'

SMCO

8-l,!.73

20,359
40.668
7,609
91.140
1,189
2,370
31,76:
3,418
11.270
5.S69

n.o;o

.

Lard
Lard

Tobacco

.

80,37!
462
14,397

pkgs

Cutmeata

26.0.38

Naval Stores—
bbls.
Cr. turp.
Spirits lilt pen.

Same
time 1875

Oil, lard...,

.

:C,57i

351.627
V6,641
160,801
23
513,157

the

Since

Peanuts. .. ..bags
),4'18,R;6 Provisions.pkgs.
799.269
Butter
6,01)0
Cheese...
217,456

for

Jan.1,'76.

718, lih

744,781
34,790

and

Pitch

Oilcake
bubh.

167,532
63,477

6,';5J

16,801

receipts of domestic produce since Jan.
time iu 1875, have been as follows :

BreadstulTs—
Flour

196,.597

6J3
3,148

{836,367
2,621,499

150,0,53

The

Ashes

$310,255
1&3,01«

141

Total entered ai ILe port. 14,467 $3,457,866

Since

769
611
lt.7

$360,611
144,699
22!,187

131.499
151,353
105,600
26,345

\%t

,3:

^rii
'"CS
I

;%

S»

'

'

\^,v;

'«

•

Tf

CO*"

=*

eg

.^r

'-'

rfi

'"i.

(c

-<-«"'*«»

^ cT

c^*

00

m

or

cT

or .—

w?"i

t»' •-•

2

'-'

tb

B>
00 S)

»
JSfitf

aXi SI
%jo a

oca
\

'.

'.

I

X

'm

•

'•

"'•

&.!

'"^

\

i

o

:

!t<

it
BS

:

.

is
la a

.f-3

:-

:

\»
is
S5

\^%-.

|si lil^li lags
\

S - 2
ss:|
I

"=

r

III Kcan ts
if

.

.

THE CHRONICLE.

February 13, U76.]

UBNBRAIi
I'UIOKS OLJltuENT.

UU.8—

5

16.

Olive, 111 casks* gall
Linseed, casks and bills

O

H»lf (Irklns(WeM'il)
W«l«li tub«

"

'

TJ

<a

:T9

in

(^
ft

Id

u

"

NfV

atat« factory,

to f^ood.V

ftitr

ft

a

1IM9

13

"

Woilorfi,g»jo»l to prune

y.S*

11

COAI<—

Aottiraclto (by carKO)
Liverpool t;af cannel
Liverpool house cannel

llj
rOd
OUi

5

U?
15

Crnde,
Cases

ord. car. todays and ROUI.
do
do fair,
KOld.

do
do Kood,
do prime, do
Java. mats and baxB
Native Oey ion
Maracalbo
Laguayra

8 (JO

Ooeta Rica

••

Kold.
eold.
»olJ.

••

Bolts
Shoathinflr.new (overia oz;

1.')

1»

w
16
17

.?u

16 ox.)

American InKot. Lake
COTTON— See special report.

Id

\:^

i

a
a

IS

a

31

r$
i^

3i'

W a

H

(jii

«»

ib

do
4o
do

Sultana, new
Valencia, new.

"lo

new....'.'.'..*
per'l'b'

Prunes, Turkish
do
French,

new

Oatep.now
FliTB,

lOHa
7
t\
»
'ivS
.

cor'

•A

Tenn.,fiuarterB

i

a
a

@

new

Cherries

.....!..'.".
pioms
.;
QUNN-lKH.-aoe report under Cotton.

12X

1100

"

l.'OJ

'*

liS

i...» *.

_

"

...

.'id

.

300

.

(iraiiBc ughtiiiug, N08. 1 to j.'m
'iffiia'.;;'.;:::;:
Siinerft h; fairlc8porllnf,ln IB,
oval
American sporting. In in. <,val cans cans
"> "• I" I" cans.
H'''"i''^K"™V"'f'/"«1
l>nck S^huotlng.
s. I
5, in 65,11)
Kajlo duck .iH.otlig, Nos.'l to 3. Inkces
«5 'li-kem
Orarge ducklnu. .Vos. ItoS.lneu B.kcgs
Kagle Muck snooting. No.. 1 to s**)"' - '"'

«

:;"

U

no
"i

1

1

11

'3

in
;o
70
ij
II

17
«* 21

m

ft

S.

bxs

^

UK*

N0B.7®>
do ioal'2
do 18^15
do HOIS
do n&lO

b]^
iM.
^'H

SX
7«

at

7X
8S

6H5»

loxa
10s a
11

ICi
lOV
lOX
11«

a

9V4
.. a
9KS

'9X

9K

9«a8

V ».
9

Vtt

43

unwashed

Medium
Coarse
Bnrry
South Am. Merlnr, nnwathed

&
« a

®

26
26
19
15

(%

S3
32
22
20

?.
d.
s. rf.

tun.

Corn.b'lk ft bgB. ^ du.
Wliaat. bulk ft bacs.
** tee.
Beel
Wbh:
Pork

tt.
t1.

;*

'7

la

fi

JEWELL,HARRISON
& COMPANY.
PURE

is'
an

30
19

i:j

6

»....

f «*....

i

4

....

...

F.

Mayhew

LB.

ut

6

a

a
ft
«

17 6

Street,
MANUFACTUIiEllS OP

OILS— SPERM. WUALB, ELEPHANT
AFFINE, ADAMANTINE, HOTEL

PARAFFINK

!!!

SH

Comme rcial Oards.
George A. Clark & Bro.

OILS,

Shoot ng Kg. 6i<l»kcg8
I)up.;nf«

rifle,

FFt'.

•>

FFe ami's™
^' "''''™

Haz^Fri Kentucky" r'ile'.Vgt'FFg.'FFFirisii;
kegs
.

Dnpont'

rifle In 25I(.

kegs

HAY'"'l"'"'''HKMPANDJUTK-

....

^S,l\\lll

75

i;XB'','ed:-.;.-.-.-.'.-.'.^°.''- ',?S

Dan Tahnage's
109 Wall Street,

!4anua'.'.'.'.'.'.'.'.'.::;;;:;.';::-i,ii

.:

sisal

..

i:""

„
"

, 63
2

*
J "a
J if
'

AND

]niI.AVARD'.S IIULIX

337 an<l 339 Canal

NEW

93

«)

ton, 2S 00
yt np

I!". 20 00
29 50

a
S
a

•

'"

"
ZiTiii
"

Bar,8wede8,ordlnarysUeB..«lton.l3o'oo ^lio'Cb
77 50 ai^J 50
Hoop
82 50 Sl3^ Vj
BhPet,
si,''""

Rus^a.as toaBBort..gold'^'lh
*:Kia ''12
Sheet, single.double ft trchle.com.
"4ua
j%
KalI«,Kngllsh goli!. In boBd.¥ ton. 3^ 00 a 36 00
do American
- 48 00
car. 4S 00 a
Steel rails

65 00

MOLAS8K8—

a

"

Porto Rlno

"
"

'..'..

om. to choice new....
NAVAi^ STORKS—
H. o..

Tar, Washington
Tar, Wilmington

"

Dupont's
SPOUTING, SHll'l'IXG AND MINING

Co.,

POWDEU.

And all kinds of
COTTON CANVAb. FELTINO DUCK, CAR COVF.K
ING, BAOGINO. RAVENS DUCK, SAIL TWINES
4C. " ONTARIO" SEAMLESS BA08,

"AWNING

STIIIPKS."

Also, Agents

tTnited States Bniiting rompHiiy.
A

full

supply

all

Tin.

widths and colors always

In

stock

DUPONT'S

GUNPOWDKR MILLS

(ESTABLISHED
Have maintained

IN

1801

)

their greal ropiitation for'j years.

Mauulac

tire

the

Celebrated E.AGLE DUCHI.^G,
EAGLE RII'LE, and

DIAIHOND GRAI.\ PO^VBER.

109 Diiaiie Street.

E.R.Mudge,Sawyer&Co

•

...»hW.

low No. 2tog(,o1 So. J
low pile to extra pale..
wla(l«wgla I, ,,,

S. C.

nrleans.

The most Popular Powder

in Use.

A-SO,

<•

',

"

New

Htreet,

YORK.

COTTONSAILDUCK

"

Pitch, city..
"
.'.'."
Spirits turpentine
*f gal
Bosln, Btrnlned to goodstrJ.» hhl.
" low No. 1 ti go-id No. 1 •'

"

York,

GUNPOWDER

Manufacturers and Uealera n

67 GO

Cuba, centrl ruga] and mixed. v <ral.
Cuba, clayed
•

Cobs, Mnn., refining grsdep.,
do
do grocery grades.
BarhadocB
Demerara

&

!<

*

NEKDLGS.

Brinckerhoff, Turner

i?};s S3

J
I
5^^

tt

Pig, American, No. I
Pig, American, f, 0.2
Pig, American. Forge
Pig, BcotCB

Sons,

New

Qunpowdet

:::kok.^^o liSSB
^«"m |2-'5«2,

l',"„^r^S-''"'»«

'vte

s

a

1180.

RICE!!!

,,
V>

.

WlOIItt

AND

Adger'H Wbarf, <'liarle»tou.

,

FFFg. i;«n> k"gi

Jfc

WAX AND BKESWAX.

16 ContI Street,

Hazard's Ke tucky rliln,''FFi'i.
„ShootlnKKg,r.'!,lbk|..s.... *

LARD.
SPERM, PAR-

CANBLKS— SPERM, PATENT

•

3 3

&• Co.,

140 Front

RAILROAD.
For E3n>ort and Homo

2 6
v\
35
7
4

AND MAN IIFACTUBEB

OF LAKD OIL 4 D STEAIUNK.
NKW YORK.
B8TABLISHKD 1S4L

8*»....
6

PACKED FOR

CEI!?IATES.

FHOViSION DEALER?

d.

».

I.ARD

ALE

5-16

C* 3 3
l>

wn

Co.,

IK

.

tt.
».

...a
3
2S
50

a
(n
a
^

Jl
23

gold.

BTKAM.

.-

9H
43

S5
8«

w

Hope, unwashed

Texas, medium

a
«
®

&

COFFERS AND TEAS.

5-:6

fO
69
44
82

12

2

Smyrna, unwashed

9j,
9

(3

I

•'

New York.

lis FRONT STRKKT,
MPORTERB AND UKALERS

8

1%&

A

CO If LIBS,

.

Arnold

B. G.

VM
WH

a

Japan.

IIlo;:o,

UKPUfiUUNTKU BY

06K Pine Street.

SK*
7

Tokobama and
E. \t

^'«i»

7

X

Smith, Baker & Co.,
OOrainiSSION nERClIANTS

7«

a

ii'Xa

Prime city
Western

*

12<4
1.1

7X*

TALLOW-

Superior,

51)

13 5-16

\U

cut loat
Soft white, A Jtandara centrif...

du
oif
do
White extra G
Tetlow
do
Other Yellow

110

i& on

a

York.

.V)

7>.a
8

SODA.
New

No. 11 Old Slip,

The j oooing Tf«da ONLY Supplied

1; no

ISXS

grannlateu

do
do

11

a

15>4

'•

ToLitirpool:
Cotton
V r».
Flonr
» bbl.

.10

^.

or

ns

d

si^a
4>>a
6\r4

Oil

(train. In imcaiifl.

22 01

*•

beavygooilB. .vtnn.
»2

n

—
—

"

FREIGHTS23
2U

.

10

"

('ape Good
"Texas, fine

16

GUNPOWDEB—

8D*8TINO, FOB HArLKOADS, Ac.
C!„|«
Soda, ai y size grain, In 25tt k vs
baltpetro
do
do
Bi-ORTiNo.
.,,
.,
.
K
ectrlr
No?. 1 to ({raiii, in 1 » jq. <-•"»
i- cans.
I'Ismond

....0

mCKs, new
Beef, extra iiieBs. "
Beef hams, WeB*.orn
Ilacon,Cliy long clear

Extra, pulled
Not, Pulled
California. Spring Clip—

lOH

ii'S

1SH«

bbl. 22 70

fi

American, Nob. 1 ft
American, Combing

(10

a

nxa
IJ a
9? 2
*
V,
f: §

SUPER-CARBONATE

7«
20

KXilt

lOX

m

.

N

"

AmerlcanXX

22

;o
'i.va

."."*
do quilrters
Western, qu'irtcrs.
pared Wtistorn
do
do Ga.Kooland prlimi..."
do anpared. halvesandors
Blackberries, new
'10

7X«

WOOL-

II

ICX®

."'

1

t'ai-UeB.

RiispberrleB.

u

a

14

A)|)ies, South, sliced, 1875 crop 'em

1

5

l»

21

" •

Slate, sUci*

95

Manila, superior to ex. sup
N. O., refined to grocery grades.,...
Refined— II AT t\. crushed
Hard, powdcrerl

21«

..3

'i"r'a,i'

S.tdlnes.tlhl.box
SirdluM,
or box
Macaroni, Italian
Oomeuic Dried—

do
do
do

.

II

'"'

i:anton ainger

«,V'

i 117

Vft

lox

8«a

'*'
*

new

1

1

a

3(313

a

1.^

new

Citron, Lejfhorr,

a

2 85

'.'.""

Cjr rants, new

a

0«

6va

6 00
2 eu
3 05

Layer, new

Loose Muscatel,

W a

gi!

Co.,

MANUFACTimiSnS OF

1

white
Porto Rico, refining, com. to prime,
grocery, fair to choice..
do
Brazll,bagB.D. S. Nos.gail
Java, do. D.S., Nos. 10*12

5 7S
2°

ttalslns, aeeaiesB. new,i>er 50 lb. frail

D wight &

John

'•a

1

Pork, primp mess.... nominal.

Melado
Uav'a, Box.D.
do
do
do
do
do
do
do
do
do
do

a

IS

FRUIT-

25
ai
SO
20

"
"

MolaBses, hhds

a w
Sain
a Um

2« ou
|8 nj

1

'*

do iair togood grocerr..
», "No*.
Ni
do centr,h'hdB.& bxs,

'ii^ii

North Klver.pnmo

16!

1

"

Cuba,lnl.ta com. ref.?"if ....» ft.
do fair to kOod refining. .. '*
prime, rcftnlug.
do prin

a

. .

fLAX-

"

Lar', City steam,..

at

iri

tb

aeorgo's and Gran I Bank cod.pcwt
Mackerel, .No.l, sbore (new) pr. bbi
Mackerel, No. 1, llav
Mackerel, No. 'J, shore {n iw)
Mackerel, No. 2, Bay.

<^

BUQAU-

"
"

If

a

V

bulk

Hams, smoked

lAJlV

"
"

KOid

15

70

Biiel, piiiln

'*

«<old.
ffold.

In

Pork, mesa
Pork, extra prime

a

li>

"

Kold.

Saviinllla

BraKlers'fover

"

S'l

"

Oommeroial Cards.

U

O
a
a
A
a

"

PR0VI81OW8—

17 00

ll\3

"

jEold.
Kolrt.

iioininKO

Bt.

A

f)

Soand

Refined, standard white
Naphtha, City, bbis

UOFPKKttio.

92
20
GO
41

1

1«1

PKTKOLKIIM-

31
25
23

C'lKKRK-

I.

Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter

Bl(K.AI>3T()PPS-geisapacl*lr«port.

WclBh tuhB,

prlniflL.

>al.
'•

"
"
"

Noatsloot
Whale, bleached winter

....

BUTTBU-CWliok'Snlo rrlcoj)R4lf nrkliifl(KflBt'ro coin tosel.V A.

V

Cotton teed, crnde

Menhaden,

V

P'll

.

"
"
"

SPORTING, MINING, SlllPPIXG A.\D BLAST

AGENTS FOR
2

12X»

...

ioo

a
a

....»
1
CO
2 10
1 7S

350
7(XI

2 11

2 25
2 i!v<
S6>4
1 65
3 (II
1
SO
5 50
3 lU

JXC POWDEI!,

Waatalnston Ifllllii,
Burllnston Woolen Co.,
.lift; Co.,
ISc-iT inilU,
Saralosra Vlctary Ml'e; Co.
NEW YORK.
IK^STON.
45 WUIT« StkXKT,
15 ClIAUSCilY 61

Clilcopee

Ellertoii

43 ft

HHILAi)KLPHIA,
W. DAYTOS,
tBMmoT

m

SIMM,

Of all kinds an.l descriptions.
For sale in all parts of the country.

Bepreeonted

by

F* L« Kneeland,
70

WaU

Street,

HVW YOBK.

)

THE

192

&

THOS. P. nlLLBS,

Co.,

Co., Anglo-Californian Bank
(LIMITED),

Special atientlon pilil to collectlotiH. wltli prompt
renilttanceB at curreut rates of exchange on dtty of
paym^'nt.

I>KA1.K1;S
UN
GOVEJvNMK.NT l?hCUBlTlE8
Gold, Stat' Clly. <;ouiuy aiuJ l^allrowd Iloada.

&

—

<lerman American U»nk,
t
iTjMpondents.
fork; Louisiana National Bank:. :New Orleans;
of Liverpool, Liverpool.

,

I

Co.,

BANKERS.
CONGRESS STREET,

New

Bank

Commercial

Investment Secnrltles coneuntlv on banc.

&

Parker

•

Box

Cobb,

Co.,

ROSTON, MASS.
COUMSROLAL KHa ClROULAB LXTTBBB OP CKBDIT
BstTBD AVAtLABLX IN ALL PABT8 OF THB W0BI.D.
EXCaANBB
ASl> OTHBR CONTINBKTAL
*IS L'-IKDON, PaEIS,
OP KUROPB.

OlTlBi*

New

Caabier.

'..ODISIANA

STATX BaNK.)

FKED'K F. LOW,
*"'"*^"IGNATZ STEIN HART, 5tMiina.Pi-.
LILIENTHAL,

J.

Transacts a General Banking Business. Collectio-s
of charge.
Especial attention gi^ en to Collections, and Prompt
Remittances made. Exchange purchased on all points
In the United States and Canada.
Sterling and francs bought aud sold.

SLAUGHTER,

O.

CHICAOO, ILLINOIS,
BUYS AND SELLS CHICAGO CITY, COOiCCOtiNTi
AND ILLINOIS AND IOWA COUNTY AND

TOWN

VIRGINIA SECUBITIKS

&

Texas.
on

all acces-

^DIRECTOKS: W.
B. F.

Knnis,

WKKM8.

J. Hutchma, P. W. Gray, A.
W. M. Rice, C. S, Longeope.

BKNJ. A. B0TT8,

J

U

A

N K

p.

Pres't.

H. Kimball. Cashier.

Kountze Bros,

W. K.MoALPlNK.Vlcc-Pres
N.o. Laute, Secretary.

1.

OALVESTON, TEXAS.
DIRECTORS

.•-•..

$300,000.

J. E. WalUs. M. Quin, E. S. Jemtson
Geo. Schneider, B. S. Willis, T. A. Gary, W. K. McAlplne, D. The Ayers, J. Bernstein, J. S. G-innan.C. L.
:

Cleveland, Peter H. KThard, J. A McKee.
Special attention given to collections at all points
'n tne State, and remlttaiiceB promptly made, without
any charge except custoinar rates of exchanee.

B. E. Bbrbcbb,

First

Pres't.

WIIiiniNUTON, N.
OoUectlosi maae on

Our long experience In above class of Securities
enables ns to be prepared to make cash bids by wire
to parties givln^ full description.

alioayaatpar m'^evf York, because always paid at
maturity. Have loaned millions, and n^l a <ioflar hat
tver been lost.— For details address ACTUAR V of the
Central illtnois Loan Agency, Jacksonvlllo. lUlnoif
r, O.

Box

657.

Wm. Kirtkn, Cbkbd T. Walker

Chas. F. Psnzbl,
President.

Vice-President.

German

all parti

Bank,
O.

of tbe United Statei

Cashier.

-

Savings Bank,

I.ITTLB ROCK, ARK.
CASH CAPITAL

|50,000.

Transacts a genera] banking buslnegs, and makes cel>
lections on all points In the South and Southwest at
reasonable rates.

Accounts of Banks, Bankers, Mer-

chants and others solicited.

BoAEDCF DiRKOTOBB.— C. F. Penzel.Wm. Elrten,
JudgeU. M. BoscJno. E. Geyer.G. W. Johnson, Geo.
Relcnardt. J. K. Brodle. A. 8chader. Jno. G. Fletcher.
N. Y. CoEBBBPONDKNTs, Donnell.LawBon & Co.

A. K. Wai.kbb, Casblet

National

(P. O.

BOX

14,841

Special attention paid to the negotiation of

merclal

Com

bills.

PER CENl S have never failed. Nothing but an earthquake can impair their absolute security; and as to
proiijptnees.ask our New York Ba >k. wur paper !»

Texas Banking& Ins. Co.
Oaah Capital,

BROKERS IN

FOREIGN EXCHANGE ANU GOLD
54 Wall Street, New York.

TWELVE

S

Corresponilcnt

WiLUB,

RAILROAD BONDS, STOCKS, MISCtLLANEOUS
AND LOCAL SECURITIES, ETC.

Hilmers,McGowgn& Co

Wblle bonds and stocks are the footballs of brokers
the solid IlIinolB and Missouri TEN PER 0/ NTS
(semi-aDnually at the American Exchange National
Bank. New York) and our choice Kansas

DAI.L.VS, TI3XA.-«.

New York

mo

A Solid Twelve Per Cent

Leonard,
K

Co.,
,

Presidenl.

Cashier.

Adams &

ST. Lovis,

AL80,

stble poluts.

Snrke.Coi

Amy &

H.

19 Ss. 21 Naaaau Street, Nenr York.
TRANSACT a general banking business.
DEAL in Investment securities.
BUY all descriptions of UNCURRKNT Bonds, slBO
Bonds REPUDIATED by CITIES and COUNTIES.

DEFAULTED MISSOURI COUNTY, CITT AND
TOWNSHIP BONDS MADE A SPECIALTY.

Capital, $500,000,

collections

Make Paymenta on Letters or Credit to Travelers
and transact a general American Banking Buslress.
Refer by special permission to Messrs. Blake
Brothers & Co., Boston and New I ork, and to Messrs
B. & W. Welsh, Philadelphia.

BONDS.

BANKERS AND BROKERS,

Co,

Southern Bankers.

,

ISSION mERCHANTS,

BANKERS

a

THE CITY BANK OF HOUSTON,
N

Co.

AND

COItlia

Co.,

Correspondence solicited.
N. Y. CoBKEBpoNDBNTB—McKtm Brothcrs
and Davl>lson & Jones.

&

Sell on Comnjission American Securities
Holland and otl.er Continental Markets.
Mak'; Collections throughout the Continent 01
Europe.

BANKER

specialty.

We give special attenMou to

Boissevain

in

BAI^TimORE.

H OUSTO

Financial.

Buy and

BANKEHS AND BROKERS,
and

INDIANAPOUS, INDIANA.

BANKERS

Bank of New York, N. B. A.
San Franoisoo— Ihe Bank of California, and The

A

Orders In stocks and Bonds promptly executed at
he Philadelphia and Kew York Boards.

INVESTMENT

Smith & Hannaman,
INVESTmENT BROKERS,

Nkw York— The

Plilladelplila.

&

BONDS.

;

Adolph

CORRESPONDENTS.

IVdLNVT STREET,

Wilson, Colston

intJNlCIFAl.

Mo

to the coUectioB of

References— J. K. Lienberger. Kres't Third National
Bank, St. Louis Wm. H. Waters, Pres t Second Nat.
Bank, fct. Louis Edward P. Curtis. Cashier Nat. Bank
of the State ot Mo., St. Louis ; Wm. H. Thomson,
Citshier Boatmen's Saving Bank, St. Louis.

London— London Joint Stock Bank.
Paeis— Messrs. A.& M. Heine.

STOCK BROKER,

No. 319

ST. liOVIS,

AMSTERDAM, HOLLAND

Austin,

Bell

Cashier.

ATTORNEY-AT LAW,

made free

Western Bankers.

altimoro Bankers.

t

«i.

.

;

I'orU Ofllcr, 33 Mall street.

Fhila.

Bills of

^^ Special attention given

Nevada Bank of San Francisco.

B.

Issue CoroExchange, available in all
Collections and orders for Bonds,
Stocks, etc., executed upon the moft favorable terms.

and

41 T OIlTe Street,

State National Bank
OF NEW ORLEANS.
(FORMKELT

&

Co.

T. K. Skinker,

78

Kidder, Peabody

&

Seiisiman

$6,000,000.
1,55U,UU0.

parts of the world.

;

Capital, $850,000. Limit, $1,000,000.

Oountjr Bond*.

S.

-

York South-

President.

& W.

Fald-up aud Ui-aerve,

81.)

& Co,, New

Okas. L. C. dcput.

Sam'l H. Kknnbdt,

UKVONSHIKK STREET
KOSrON,
Buy and Sell Western City and

BASK.KUS,

(P. O.

Kef an to Beory Talmadge
rrn Bank, SavaBsah, Ga.

Agents, J.

-

P. N.

Board

Orders executed on Commission at BroKars

Office, 422 California 8t.

-

SaTannali, Georgia.

Aactlons, and Private Sale.

R,

NEW YORK

Angel Court.

Office, 3

SAN FRANCISCO

mi-rclal Credits

Address,

Paper.

Head

Transact a general Banking ouKiness.

KROKEU,

Dealer In Coin, Southern Securities und Exchange
Loans Negotiated. Advances made on Secarltle.
placed In my hands for sale at curreut rates.

KoBtou, niaaa.

LONDO.V,

Autliorlzed Capital,

ames Hunter,

J

Dealer! In Stocks, iSonUa, Gold and

&

]?fOBILE« ALAUAItlA.

.

No. 36

WILLIAMS, JHO. W. HILLBB

BANKERS,

STATE STREET,
H i» S T O N

Brewster, Basset

B. D.

Thos. P. Miller

BANKBK8,

40

Western Bankeis.

Southern Bankers

Boston Baubers.

Chas. A. Sweet

[February ln, l«.6.

CHROISIOJ.I^

Love

&

Co.,

BANKERS AMD BBOKEKS,
ST. Lotiis, no.
Cub adTincad on Btoeki and Bendi toft for Bait.

CA^ Co.
BANKERS,
WALL STREET, NEW VOHK.

4

Persons keeping accounts with us (currency or gold
please sxme as with cit}
banks, and will be allowed interest on dally balances
according to the nature of the account.
Orders for the purchase and sale of stocks, bonds
and gold will receive from us, personally, prompt and
Jareful attention. P. O. Box S.MJ.
W, TBASK
O. W. MOLXLLAH, JB.
A, M. KiDDBX.

may deposit and draw as they

MEN AND IDIOMS OF WALL STREET
IB A new 72 page book giving the highest and lowest
prices of stocks for 15 years, complete list of defaulted
TBllroaris, Black Friday, sketches of leading operatoi*,and the method of dealing ou email sums nf
money. Copies sent free lo any address. Orcers for
stocks and bto'tk privileges executed by mall and tele-

graph, collections made,
mation g en by

money

Invested, and Infor

JOHN HlCKIilNG
BwiJieri

Md

Broken,

73

&,

CO.f

BBO^DWat,

Jit.T.

:

;

:

;

THE CHRONICLE.

February 19, 1876.]

Miioellaneouf

Financial.

Railroad Material,

Williah P. Tuttli,
John Kwkk, Jr.,
Member Stock A Oold Kxch. Member Stock KxchHiice

TUTT L

EW KN &

K

,

BANKERS AND BROKERS,
Buj and toll Stocki, Boadt and
iQtereei allowed on depoilta,
Stdhit

MANUPACTVRKBIt or

VOLUME

LAP-WKLDBO AMERICAN CHARCOAL

IX.

IRON BOILER TUBES,

Uold os commlaaion

(Until January

Fud.

Cooks.

E.

Thk

1,

WROaOHT IRON TUBES A FITTINQS

FiNAMCntB.)

COLTeK.

C.

Member N. T. Stock Sxchange.

Cooke & Colton,
BANKERS AND BROKERS,

A JOURIfAI. OF FINANCE, OOytIdEROIAI. INTERESTS AND

REFORn.

POI.ITICAI.

44 BROAD 8TRKKT, NBW YORK.

Co.,

BANKERS AND BROKERS
Noa. 4

&

dlviduala

municipal

of

restrirtion

;

a.

CEDAR, COR. WILLIAM

41

and other corporations
and conduct of the civil service

railroad

6 Broad Street,

MBW YORK.
atrlotiT

paTmenta

ipecie

to

debts and taxes; honest dealing with

Bny and aell Railroad Inreatment Secnrltlea.
Conpona and DiTldenda. Xegotlate Loam
draw Bllla of Exchange on London.
Agenta of the

public.

mail or telecrapb oarefnlly attended to.

&

Grant

Formerly of

STREET.

TRANSACT A OBNERAL BANKINO BUSINESS

SUTDAU ORAKT.

4;

OTIS,

SZCUANGE FLACE,

S.

HALE.

CONTRIBUTORS

and Gas Stocks,

WH. BOBDBX.

coinin

Hon. Carl Schcbz, Ex-Seuator.
HoRAOB Whitk, formerly Editor Chicago

Hon. Dayid

Specialty (or 19 Years.
**

8L I/xAt Democrat.

ALLTN

70

of Bevenue.

FALL RIVER IRON W^ORKS COUPT
NAILS, BANDS, HOOFS

WALL 8TRBBT.

«X

of

Dealer in Railroad and Investment Stocks and Bondc

MiBceUaneons S«
JALDKNNo.OAYLORD,
Wall
New York. (P.O.Box
•

curltiea,

33

St.,

Special attention given to St. LouU City and
County Bonds; Missouri County, City. Town and
Hchool Bonds. Also, to the Uouds aDi! Stocks of the

Ifiii).

tollovln? lUllroads

:

Atlanlic

*

Pncltlc.

J. S.

the Census.

Moore, Author

The Parsee

Henry Lawrence &

AV.

Superintendent
Manchester. K. H.

G'.

MEANS,

Treasurer,
40

Water

Joseph Bachman

PUBLISHED EVERY THURSDAY.

tarred

sti set,

Boston.

& Sons,

REPRESENTATIVES OF

Gorham

Mf g Companys

ADDBKSS,

THE PUBLIC,

No. 71 Broadway, N. Y.

Olyphant & Co.,
commission MERCHANTS,

Hone KonK, Shanghai,

TO PRINTERS.
PRINVING TTPS8
new Printing

Materials

&

Co.,

te.

Sterling

St.,

Silver

AMD

Co., of China,

04 Wall

Fine Electro Plated Ware
3 MAIDEN LA MR. NKWYORK,

New York. No

Harrison, Bradford
STEEL PENS,

'^.

& Co

STEEL PENS.

No. 13 Chambers Street, N. ¥.
N. B — Tbe Stock and Bond Tablea of the Cohhxb
•lAL AND Financial Chkoniolk, pabllabed In a supplement to that paper, on the laat Saturday of each
Lionth, and occapylDgtwentV'Beven pages, are aet lo
omce'a Nonparlel, No. U, with th
Fatest FUtorea
and rnoUoM.

*

RlPBXSZNTID BT

1

n America, aisorted for ^nfflish, French, Spanish,
and Portuguese, which we selfln lots to salt purchasers, at low prices for cash.

Fooetaoiv

Canton, China.

OLYPHANT

keep on hand the largest itock of

Geo. Bruce's Son

4RETAS BLOOD,

Gkn. R. Brinkerhoff, Mansfield, Ohio.

Sons,

GANGS OF RIGGING MADE TO ORDER.
19-2 FBONT STRKBT
NEW YOEK.

deal In all kinds of

and Toola,
MANCHESTER, N. H.

Philadelphia.

POSTAOB FBBE.

CORDAGE,
FOR EXPORT AND DOMESTIC USE

we also

MANUFACTURERS OF
LoeomotlTca, Statlonarjr Steam Em*
glnea,

Henry Armitt Brown,

manufaotuxees of

We

Let-

Works,

Locomotive

ters."

PRICE, FIVE DOLLARS YEARLY.

Miscellaneous.

a:

of "

CO..

MANCHESTER

Superintendent

Missouri

Psclflc, South Pacific, Kansas Pacific, Denver Pacific,
North Missjuri. St. Louis Kacsaa Cllj A Northern.
Keters by (lermlssion.to Mesors. V/ 8. Nichols A Co
Ban^f'ni.Naw Vork'

manila, sisal, jute

late

RODS.

FALL RIVER LINE STEAMERS.

Prof. A. L. Perry, Williams.
Prof. F. A. Walker,

AND

OLD COLONY STEAMBOAT

W. G. Sttmnkr, Yale College.
Prof. Bonamy Price, Oxford.

Stocks,

nilNINO COMPANY,

Presi-

Prof.

GAS STOCKS,

Lovell,

siON ribrchants
Tl W^oat St., New York,

CUMBERLAND COALS.

Local Secnrltlea* In thla paper

Brooklyn

X, LOVBI.t

I s

ac

Wxlls, Ex Commissioner

Hon. Charles Francis Adams, Jr.,

Beers, Jr.,

&

Bqntp

AGENTS FOR

dent RR. Board, Mass.

N, T.

I..

BORDEN
a.

IRON an

Pa., for the sale of their

All boalnees relating to the ConatrucUon and
mentol Rallroada unlertaken.

Tribune.

City Railroad
See qaotatlonii of

of

Borden

O. St. John SHK7IKLO.

CHARLES

tlu

Doginess Mana^rer,

STOCKS BOUGHT AND SOLD ON COMMISSION
INTBRK8T ALLOWED ON DEPOSITS.
K.

JOHNSTOWN,
STEEL RAILS.

W. M. OROSVENOR,

Editor,

BANKBBS AND BKOKEBS,
33 tr A L I.

No.

COMPANY

CAITIBRIA IRON

Company,

ST.,

lect

or parties, but of the

on commlaaion. Ordera by

•

New York.

for the good, not of persons

Stock*, Bonda, Oold and Miacellaneoua Bocnrltlet

ought and aold

Ac.

GOLD STREET, NEIV YORK.
I0H« ZBitnDr. aaaBT . bakib. joaa babvb
S. Kennedy & Co.,
J.
BANKERS AND KIBRCHANTS,
i,

retarn

abolition of taxes for the benefit ot In-

&

IMPROVED SUQAR MACHINERY, Ac,
OFFlCK AND WARBH0D3K
No. 15

Advocates

Gargiulo

Of every deacrlption, for Qas, Steam, Water and
OU; Steam ana Gaa Flttere' Snppllet, Machinery
for Coal Gas Works. Cant Iron Water
and Oas Pipe.

:

Btocka, Bonda, Oold, ForelKO Kzchange and Miioellaneoas Secnrltlea boueht and aold itnctly on

CommluloD.

Co.,

(LIMITED.)
Pascal Iron Work*, i*hlladelphia.
Taaker Iron Work*, Nevreaatle, Del.,

THE PUBLIC

63 Broadnrar and 31 Neiv Street,

"I*.

&

Tasker

Morris,

A,o.

No. SOS,
FALCON,

Noa.

90. 98. 79, 1, etc.

lUBRAOINQ EVERY STTXE AND FINUB.
\, Tl '•>»» MrMla New Tvrk,

MANUFACTURjiHS' WAREHOUSE,

JOSEPH GILLOTT * SONS
»1

John

Street,

New Y«rk.

BENBY BOX, Sou AsniT

!

:

:

[Pebruaiy 19,1876.

CHROlNIGtR

jfHE

Insuranoe.

Insurance.

Ocean Steamships.

at> you go, get what yon boy,
t«p wriien yon cliooac."
Direct Line to France. COJUMON SENSE AND FAIK PLAY.
IN UFE ASSURANCE
General Transatlantic Company's
«•

Pay

•rhe

Do not Asfnire your Life till you have examined
PLANS devised hy^BBPPAiiD Uomans
the
Actuary, for

Mail Steamships,

NBW YORK AND HAVUB,

THE

(O. B.)

Provident Savings Life
Assurance Society,

favorite ronte for the
The
Contineut, (being more southerly than any other,)
will sail from Pier No. 50 North Uiver. as follows

aplendld vessels

AMKKIQUK, Poiizola
LAKAVRTTK. Jleliiiiil
LABKAAUU, Sangller
PKICK OK I'ASSAOK
nao anil

on

tlila

Saturday. Kcbiuary
Saturdoy, March

19

March

13

Satuiaiiy,

IN

4

TVBSTBRN VISION BUILDING,
NEW YORK.
Guaranty Cask Capital, $135,000,

O(ILI) (IncluUlug wine.)
acronllng to accommoda-

First cabin,
tion. Bcconil cabin. «Ti. Third, *1U.
Ketnm tickets at reduced rates.

f 110,

Steerage, tai, with superior accommodation ami
Including all necessaries, without extra ch iige.
Steamers marked thus ' do not carry slecrage pas
seugers.

Invested in U. S. Five-Twenty Bonds.
TlUi SocUlj/ aeparalis

DX; nEBIAN,
Agent, £5 Broadtvay.

LOCIS

latter is

Line.

the view Of dlmlnlahlug the
Chances ot collision, the steamers of this lino lake a
Bpeclhea courwe lor all aejisous of the year.
On the Outward Passage frcni Queeustown to New
York or Boston, crossing Meridian of 50 at 41 Lat., or
liOthlng to tlie North of 43. On the Homeward I'as•age, crossing tne Merldlau of 50 at 4;i Lat., or nothing
to the North ot ii.

THE BKITISH AND NOKTH AMERICAN ROYAL
MAIL STEAMSHIPS.
BETWEEN NEW YOUK AND LIVBKPOOL,
GALLINa AT COUK HAKIiOH.
FROM NKW YOKK.
PBOJI NKW TOBK.
|

.

1

I

owner

Socteli/ recognizes the Policy-holder as

cash; or

it

will furnish the

PROTECnON OF LIFE

at actual current cost for death claims

and erjienses of management, each year by itself, renewable at tlie close of any year wU/iout further
medical examination.
These Plans are indorsed hy leading Actuaries
and State Commissioners, and also by the " Society

Treasurer.

For Plans, Rates, and Full Particulars apply to

THE PROVIDENT SAVINGS

I.IFE

ASSURANCE SOCIETY,

WESTERN UNION BUILDING, NKW YORK,
GEORGE WALKER, SHEPPARD HOMANS,
Vlce-Pres't and Actuary

President.

WYOMING
IDAHO
NEVADA
DAKOTA
WISCONSIN
MONTANA

Feb,

SB follows

IK. at 3

I'.

:

M.

Feb. 29. at 8 A. M.
Marcli 7, at 3 P. M.
March 14, at 8 A. M.

March 21, al 2:30 P.M.
March 28. an A. M.

•

PASSENGKB3 REDUCED.

Steerage, $26; Intermediate, |10; Cabin, $63 to $30,
according lostrile roo '>. Steera:;" ofllie, No. 21 Broad
way. General olllcea. No. &J Wall atruet.

UriLLIAntS

OVLON.

Oi

IVIIlIaiii,

Atlas Mail Line.

Capital paid np - GroMM KIre IScxerve
Net Liile Atnoetn - -

Total

- $10,000,000

-....-.

Oroaa Assets held by Board of

York,

700,000
13,J00,U00

-

-

;j,

«27,000,00«

Management

lu

New

tl,600,l)UI.

conflagra
The Company's actual losses by Chicago
••
tlon lu 1871 were »1.713.157 81.
The Company's actual lossea by Boston conflagration In vrct were tsiis.iiso 46.
Yet the Company paid tlier.e lossea at atght withou
borrowing )r seliiiig a blngle dollar of permanent Inveatineuta, continued regular uividetids to their
stockholders, and at the end of 1373 had entirely made
'jp (not In this country, however), the loaaes iif these
two conflasratlons and all oihere. cominenciug 187J
wilh a surplus over $1U(I.(K)0 larger than ever hefore.

Flist-ciass, full-powered. Iron screw steamera, from
Pier No. M, North Biver.

For HAY 11. COLOMBIA, ISTHMUS OF PANAMA,
and SOUTH PACIFIC PORTS (via Aspmwall),
March 1
ALfS
March 15
ICTNA
For KINGSTON (.JAMAIC O and HAYTI.
•ATLAS
J!"<'SH
WarchSO
CLAKIBEL

$!,S63,70O 04

.

rite and Life Assets entirely dlsUnct— the one not
liable for the other.

The Company organized A. D.

1809.

Commenced

business In this country A. D. I8tt7.
Agenrtes In most of the prlnclpa cities and tcWBi
In the United Slates,

EZRA WUITK,

I

CILAS. E.

S-ManaRera.

P.

Subscription Notes, Bills Receivable,

WHITE,
BLAGDEN,

$1,851,062 73
Total amount of Assets
of Trnstees have resolved to pay Six
percent interest on the outstanding Scrip Certificates, to the holders thereof, or their legal repre-

sentatives,

on or

after the Ist

March

standing Certilcates of the Company of the iesae uf
1860 be redeemed and paid to the holders thereof,
or their legal representatives, on or after Ist of
March next, from which date interest thereon will

The

cease.

be produced at the time

Certificates to

of payment, and cancelled.
In addition to a bonus of fifteen per cent already
paid in cash, on the Subscription Note-i, they have
further resolved to return to the dealers enlilled
same Fifteen per cent on the net amount o f

to the

Earned Premiums of the year ending Slst December, 1875, for which Ceriiflcatcs will be issued on
or after the 5th April next.

order of the Board,

CHARLES IRVING,

USTBES.
Alex. M. Lawrence,
John S. Williams,
Frederick G. Foater,
John D. Dix.
Charles Munzinger,

Edward F. Davison,
Henry De B. Uouth,
K. II. R. Lyman,
lleniy K. Kunliardt,
John Auchincloss,
Lawrence Wells,

Walter Wa'aon,
Ernesto 0. Fabbri,
Henry E. Spraguo,

Charles Liiliug,

Alexander

Ilamiltr.n,

rons-tantin Menelas,
Curl L. Uecknagel,
W. F. Cary, Jr.,
Carl Vietor,

James Brown,
Theodore J. Kalli,
Theodore Fachlri,
C. L. F. Rose,

William

Gustav Schwab,
George H. Moi-gan.
Arl^ur.B. Graves,
EUQEPTE DIITILH, President.

ALFRED OGDBN,

Vice-President.

CiURLJis Ii VINO, Secretary.
AjiTON Mktz, .\s8i8laut Secretary.

Sun

Mutual

No. 37 Wall

l.NCOKI'OKAThl) »IAV

L(.SSE8 PAID HMCK HE OKOANlZATION OFTllb: COMPANY,

AMOUNT OF

1

«l84,3'2e 10

(dlr.-ci).
PUOVIMENC'E tllMK
KLKCTRA and UALA lEA leave

N

.

I{.,

foot of Park rlace. dai iy

Pier
(except sundaya)' at

Plrectconnecllon to Worcoater and polnta beyond.
either line taken at lowest ratee.
yieigblavU
"
D. S.

{.,

W, FILKINS, Qeueral

Insures

48,702 30

.

JC26.749 80
167.570 39

BABCOCK,

Puts, Aceut.

Prealdent.

MtRINK AND

against

19

IN-

LAND NAVI«ATIO> RISKS. Also,
FIRE RISKS on property in the City

Line.

and S.ONlNGTON. l.jave Pier S3. N. R.,
fool of Jay st..dally <eMi-plSniiilayb),at ):30P.M.
Through tickets lopilncipal Ncw)<neland points at
RIt. depots and ilcfci-t otticef. State- Hoonia secured at
offices of Wnstf'olt Express Co. and at S19 Itroadway.
27.

.

TotalAesets3l8t December, 1874.9784 3'20

NKW VOP.K and PROVIDENCE to $3
NKW VOUK ftud BOSTON to $4.

Stcamsnipa

$67S,047'.';0

Premium Notes not matnred and

Reduction of Fare

GANSKTl

York.
IM;.

ail..

other Assets

PP.O VI PENCE. SF.WP»)RT AND BOSl ON.
The elegant steamers KHoDFt ISLAND. .-ARRA

Co.,

Ins.

^«l•€•cl, :ve\v

Oiliest IHarlne Ids. Co. in ll:e Siatr of N. ¥.

U.S. Bonds
Cash on Deposit

Stonlnffton Steanislitp

FOR

Wilson,

S.

F. Cousiuery,

Ramsay Crooks,

.

between New York and

Stonington

Secretary.

Ofer Twenty-ScTcn MllUousof Dollars.
..$fil)0,('00 00
Capital .vtocb paid In.
Sarpluti SltitDeo., 18'74... U84 S'iG Il>

I

tto»tou.

Between
Between

next.

also resolved that the out-

The Trustees have

M

J>c

542,461 75
25,321 OK

The Board

superior flrst-clasa psaaeuger aeconimodatlon.
PIM, FOR WOO 1- & CO., Agenta,
Wfll Street.
No.

Provlileiicn
V'uinpaiiy,

;

i

Unsettled Acconnts.

^.ixiu,uua.

SAU.

$247,017 55
1,016,«I82 49

Total premiums

Annual Income of Fire Department alone over

BI-MONTHLY SERVICE TO JAMAICA, HAYTI,
COLOMUlAand ASPlNWALL.aad to PANAMA and
B>iUTH PAClKiC POBTo (I'la Asptnwall.)

Its

$1,0;9,014 05
Earned premiums of the year
572,Mia 74
Losses and expenses
21)8,413 47
Ke-lusnrauce and return preminms
AS.SETS,
3l9t December, 1875.
.-...•....
tSW 932 61
Cashin Banks
62(1,754 50
United Statea Stock
.].>(...:;
Stocks of States and Corporations, Stoa
322,594 68
Loans on demand

William Pohlmaun,

.

LKAVINQ PIER No. 46 NOKTU RIVKB.

UNITED STATES BRANCH,
Cor. Pine St., New York.

64

provisions of

Premiums nnearned3l9t Dec, 1874....
Premiums received during the year
ending Slst December, 1«5

Tli

LONDON AND EDINRDRGII.

1876.

Charter

George Mosle,

OF

(Via itneeiiKtonrn)
CARRYING THE UNITED STATES MAIL.

YoBK, 25th January,

lished in conformity with the

and

British

Mercantile Ins. Co.,

Liverpool,

TUESD A V

NKW

The following statement of the affairs of this
Company on the .3l8t day of December, 1875, Is pub-

By

The North

CHAS. G. FRANCKLYN Agent.

^^^FoR

Mutual Insurance Co.,

and L'ncollected Premiums \:—j^-¥-.
^•>..

ASSDKANCE

BulldJig.

FOli

held merely for accnmulatioA.

This Society, therefore, will either issue policies
on the payment of uniform annnal premiums, guaranteeing asiiecljled smrender value for every year in

Broadway, Trinity

-reeu; for steerage passage, at 111

RATES

Insurance Part of Ihe

.

I

Rossja

tlie

Mesene or Deposit Pari, which

for the Pim/totion of Life Insurance among Clergymen," James Brown, President J Howard Potter,

Wed., Feb. 23 Abyssinia . Wed., Mch. 22
Wed.. Men. as
Wed., Mch. 1 Java
Wed. .April 5
Wed.. Mch. 8 Algeria
China
Wed., April 12
Wed., Mch. 15 China
yarthia
And every following Wednesday and Saturday from
New York.
Steamers marked • do not carry steerage iiassengers.
Rates OF l'AS8AOK.--Cahln,t9), »iOO and »130 gold,
according to accommodation. Tick* Is to I'arls, |il5,
gold, additional. Uel.arn tickets on favorable lerina.
Steerage tickets to and tiom all parts of Europe at
very low rs-tes.
Througn bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other parts on the Continent
and fur Mediterrsnean ports. For freight and cabin
Saasage api)ly at the Company's oUlce, No, 4 Bowling
•

the

of the Restme.

H^NOTtCK.— with

.Tava~

from

I'rernium

This

CuNARD

ORIENT

NKW

BSTWSSN

CALLING AT rLl'MOUTri,

OFFICE OF THE

against

E

.

S

.

B

65 IVALIi

A I ^^
STREET

V

,

of New Tork and immediate viciuity.
Thla Company combines the atoik and mntaal
iyatema, parties having the option of participating
the profits, or maurlng on the itock plan at reduced

m

rates.

Dealer In

Fire

i^i;d
v.r*.

.>Jo

:

.

Loaaea on marine risks

IHarlne In«nrA|ire atoclc
and Scrip

Owb ptid
will be loia

at OBce for the above Secmities

on cQiomU^on,

ftt

Meaara.

when

,,r.ra.i.!«.««PECIAI.ITY.»»
;

or the

at the

banklnc

KLEINWOBT, COHEN *

CO.,

London,

desired,

W
ya

eelle;8 ((t>tlen.

made payable

honae of

JOHN

F.

PAULISON,

IHAAC H. WALKBK,

President.
Vlce-l"re»Uent,

:

:

THE CHKuNICLK

February l9, 1876.]

I

1

Insurance.

vii

Cotton.

Insuraooe.
Lkumam, Abraham

OFFICE OF THE

MERCANTILE

OP THE

OPJflOE

No. 3S TKALL, ST.,

Insurance

Co.

New

80, 1878

133

on the 3l»t December, 1815
Premiums received on Marine Risks,
from l9t Janiury, 1875, to 3l8t De-

Prcmiumaon

Policiea not

January,

l8t

Total

marked

off

8,«5,372 87

amount of Marine Premiums..

$1,895,394 75

No

Policiea have been iasncd upon
Life Rlska
nor upon Fire discon-

Kxclianite Hnllillnxa, l,lT«rpool.

Premiums received from January
December ^Ut, 1875

1,146,321 38

COTTON PACTOHN AND

STRAND, GALVESTON. TEXAS.
$1,169,346 37

31st, 1875

81,628 02

Net earned Premiums
Paid during same period —
Losses, Commissions, Expenses and

Onlors Pronii'tly Filled. Liberal Caali Advauccs on
Consignments to UilB Markta, New Vork and Liverpool.

Knceial

Atteiitl

Prouiut UeiulttaDue
$1,107,713 35

from !9t JanuDecember, 1873 ... $6,123,134 63
Losses paid during the

same period

$2,712,058 Oj

Paid Cash rebatement to dealers

Returns of Premiums and
Expenses. .8l,»17,477 S«

The Company has

The Company has
CashluBanks

$i5,000 00

General Coiniulaalon nerehanta,
123 PEARL STREET, NEW YOKK,

the following Assetp, viz.:

United States and State of New York
Sioek, City. Bank, and other Stock!!.$10,314,9«0 60

Loam

secured by Stocks, and other-

wise

!,514,SO0 00

Real Estate and Bonds and Mortgages

287,000 CO

and sundry Notes and Claims
due the Company, estimated at
Premium Notes and Bills Receivable.
Cash in Bank
luttrest.

cirtiflcates of profits will

308,402 40

the outstanding

on and

after

Tuesday, the 1st of February next.

The outstanding

certificates of the Issue of 1872

will be redeemed and paid to the holders thereof,
or their legal representatives, on aud after Tuesday,

Cotton Factors,
413,617 41

VICKi<BIIRG, miss.

77,915 00

Orders to purchase Cotton in our market solicited

Semi-Annual Dividend of FIVE (5) PBB CENT
will be paid to the stocUholUers or their legal rcpre
sentatlves, ou and after Tuesday, February lat

rw

COTTON BUYER,

TRUSTEES.
James Freeland
Samuel Wlllets,

Francis Hathaway,

Aaron L. Held,
John D. Wood,
Geo W. Henuiugs,
Henry Eyre,

Robert L. Tajlor,
William T. Frost,
n'illlam Watt,
James D. Fish,

Joseph Slagg,

Jo8ep:i Wlllets,

William B. Scott,
Henry DeRivera.

be pro-

duced at the time of payment, and cancelled. Upon
certificates which were issued for ^old premiums,

Henry

A Dividend of Forlf Per Cent,

is

J.

Scudder,

Henry R. Kuuhardt,
John S. Williams,
( harles Dimon,
Paul N. Spofford,
James Doug'as,

KKFKUKNCK.-FIBST N ATIOHAL BAHK, NASBVIiaa
JOHN

MONTOO.VIERY,

clared

A. O.

ALANSON W. HEQKMAN,

J.

H.

CHAPniN, Secretarr.

Jones,
Charles Deuuia,
W. H, H. Uoorc.

Rate of Storage,

Lewis Curtis,

Frederick Chauncey,
Charles P. Burdet',
Francis Skiddy,
Robert B. Miuturn,

Charles

Ch tries

Henry

Coit,

11.

Russell.

Lowell Hulbrook,
David Lane.

James Bryce,
Daniel

11.

Marshall,

George W. Lane,
Robert L Stuart,
James G. De Forest,

William Sturgis,

Alexander V. Blake,
Charlei D. Levericli,

Josiah O. Low,

Adotph Lemoyne,

9. Miller,

William E. Dodge,
Royal Phelps,
Thomas P. Youngs,
C. A. Hand,
James Low,

John D. Hewlett,
J.

D.

JONES,

Ailain T. Sackett,

Horace Gray,

Edmund W.

PHENIX

Fire Insurance Lowest Rates.

Ci>.,5e (trosd

&

Co.. No.

§3,333,403.
INSURES COTTON AGAINST LOS."i BY FIRE,

OVERLAND BY RAILROAD,

BLOSS & INCHES,
COTTON FACTORS
AVD

GENERAL COMMISSION MERCHANTS

and Marine by
Steamers to Europe.
Agencies in all thu Principal Cities in the U. S.

WILLIAM

128 Pearl Street,

STEPHEN CliOWELL,
R.

CltOWELL,

1

Kt.; I'lilllp

ASSETS, July iTTsTS,

McAlister

President.
Secretary.

&

ffetxr

Tork.

Wheless,

COTTON

oonmissiON itierchants

Cotton.

NASHVILLE, TENNESSEE.

Edward H.SkinkerSc Co.

Special attention given to Spinners' orders.

Corre*

Cadence solicited.
Hirv rixMOKB.— Tuird and Foarto National Banks,

1^

AND
COTTON iriERCHANTS,

COKimiS-SION

John Elliott,
Samuel Hutchinson,
William U. Webb.

CHARLES DENNIS, Vlcc-Presiden:.
W. H. H. MOORK, 2d Vice-PretldsDt.

15-15.

17 William s*..
nilliain St.; K.M. Waters
Heury, .jr.. No. \:i5 Pearl
St.; Arlams & Whitlock, No. 51 South St.; Charlea
Hyllesteajfc Co., No. 7 South William St.; Walter T.
Miller SCO., No. 5 Hanover It,; Dennis Perkins, No
117 Pei.rl St.; Lharlea A. Eastor,, No. 141 Pearl st.

WlliianM, Black

&

Insurance Company

Corlles,

President.

& 109 norton,
622 AYaahington St.,

Ukfkbkkoks.— Fr»nch&Traver8. No.

Western Union Telegraph Building,
Brovdnrar, Cor. Uey Street, N. Y.

Qoidon W. Bn-nham,

Sc

CAPACITY, 12,00O BALES.

2d V. Pres't.

OF BROOKLYN.

3. D.

& Whitlock,

Nos. 105, 107,

Office,

TRUSTEES.

WILLIAM WHITLOOE.

COTTON STORAGE

Jr., Vice-Pres't.

Despabd, Secretary.

of the Board,

BIOHAnps.

Richards

the 4th of April next.

By order

B.

and G18, 620

President.

for the year ending 31st

C. J.

Nashville, Temneaaee.

Merritt,
Daniel T. Wille's,

ELLWOOD WALTER,

de-

on the net earned premiums of the Company
December, 1875, for which
certifljates will be issued on and after Tuesday,

Irvine K. Chase,

1876.

gold.

all inter-

cert iflcatcs to

NORTON SLAUOUTKR A CO

Kefer lo Messrs.

Ne w York.

A

the payment of interest aud redemption will be in

The

Eggleston,

7,828 06

Edward

the Istof February next, from which date

&

Lamkin

418,459 00

Ellwood Walter,
D. Colden Murray,
Samuel L. H4nl,
Bryce Gray,
N. L McCready,
William Nelson, Jr.,
Harold Dollner,

i3t thereon will cease.

Win keep aonounls with Country Banks and Uankerl,
make cullnctious, tissue ceitlHi.'utes of Deposit, aaa
attend to the sale and purchase of Ijouds, Stocks
Coin, &c.
Particular att' nlion given to the execution of orde
for future coutrac.s aud the purcliase of merchaadlsa

$1,028,.525 65

be paid to the holders

thereof, or their legal representatives,

:—
$SO,676 18

United States, State, Bank and other
Stocks
Interest due on Investmeuta
Premium Notes and Premiums in
course of collection
Reinsurance and .Salvage due, and
Sc Ip of other Companies

8,076,360 tO

$10,019,910 82

Six Per Cent Intereat on

1

451,0)7 92

.

Total amount of Assets

$137,39(1

the following Assets

Jemisoni^-J

$229,118 18

Paid Cash dividend to stockholders
Ist

aud

Collecllun

BANKERS
A^D

olf

Aug.

lo

ou Btebl UxcliaiiKe at Low-

Moody &

873,605 17

nected with Marine Risks.

n Kl^eu

ina<lo

est Kates.

;

Reinsurance, less Salvages

ary, 1875, to 8l9t

,

'iKNp.RAIi

COinilll.N.SION i«ll{l«<;ilANTN,

.... $1,S71,03<< 11

uary Ist to December
Less return Premiums

& Co

Hcarne

1st to

;

Premlnma marked

PEARL STREET,

$224,717 79

1874

Amonnt of Preminms earned from Jan-

IS'TB

1.36

NEWOASS, KOHKNHKlM ACO.,

Total Premlnms

$5,840,O!l 83

A

in conformity with the provisions of the

aOalrn

cember, 1875

BRO'S,

N«w York.

Outstanding PremiiunB December Slst,
Jan. 24, 197G.
|The Trustee?, In conforuilty to the Charter of the
Onipauy, suhmit tho following Stalemeni of ita

Co.

AND
niRRCIIANTS,

CO.n.-UfSSION

charter

Ngw YoHK,

Odbb *

llootgaoiorT, Ala,

Cotton Factors

The following slatcment of the afialrs of the
Company on the 31st day of December, 1875, is published

Lcbmaii,

La.

Y.

IV.

Yokk, January

t Co.,

LEHMAN

Mutual Insurance Co.,

ATLANTIC
[utual

New Orleans,

97 Pearl Street,

COTTON BUYKKS
In

,t

Co.,

COMMISSION MKHCHANTS,

Ntreel, New York.
Fuuues executed at K. ?. Couou Exchange.

«0 Moue

Orders

&

TORE.

TUH CUBOKIOLB

OYBU
I

NEW

H. Tileston

lod Pt )l>rl4tOr8of

S,00« SOLD
NO ERSO LL S

OF

'

HA ND AND nOIiSK-FUWEK PRESSES
Tlto> hftve a world wide reputation anila«np(>rioriry
OTei all others for baliut; li..y, Cotiou* JCan and ail
otticr klntlR uf lUHierlul. For price llxt and rnl lufor*
mat!',!! call ou or ttiliiieBS the mauiifai lurers

ttKiU£NI*OU<T (CUT

U BrooUyn), U U

THE CHRONICLK

Yiii

DWABD M. K9ISHT.

&

tc

AVe.

Stillman,

7« IVall Street,

JOH»

New

York.

B.

DOI«.

SIOHABDS.

L.

& Co.,

Wright, Richards

SBAMBN-S BANK BUILDINO,
Noa. 74

Cotton.

Cotton.

Ootton.

Woodward

[February 19, 1876.

abroad.

AHD

AND

No. 89

Special attention paid to the execution ot ordert for

parchaae or sale of contracts for iature delivery
Liberal advances made on consign
ot cotton.

tlie

B. F.

(P. O.

Box

of Cotton,

made on Consignments

No. 48

Liverpool and London.

&

Bliss

Co.,

Cotton Factors

131 Pearl Street,

YORK.

Special attention paid to the execntloa of

dallverjr of cotton

made on

Liberal advances

.

for future

contracts

for the purchase or sale of

Future

GENERAL

&

C. Watts

S

Hanover

Street,

New

Xork.

31

LITEBPOOI.,
COTTON

and orders for the

Advances made on consignments, and
aSorded by our friends, Messrs. D.

FINI.A1f tc CO.,
LIVKRPOOL, LONDON AND GLASGOW.

raeesrs. JAITIRS

New

SON, 64 Baronne

all

New

WATTS b

Co., 51

GIVEN &

FaTUKB CONTRACTS FOB COTTON

New York and Liverpool.

Old on commission In

Eakin,

bought and

Adams &

Co.,

&

Robb &

Peet,

MANtJFACTDEKD BY

SWENSON,

M.

80 Wall

Wire Rope.

New

York.

JEWELL,HARRISON
& COMPANY,

York.

&

Schaefer
Co., Kremelberg,
NEW ORLEANS.

19 Snath William street,
NEW YORK,

oommiss ION mbrchants.
A«>VASnflie

UADB

BEACH &

Co.,

LIVKRPOOL.

&

B. R. Smith

Co.,

COTTON
OOnilfllSi^ION

Co.,

AND

New

York.

Liberal advances made on conalgnments. Prompt
personal atte»Uon patd to the execution of orders for
{be purchase or sale of contracts for future delivery.

toe Laer

&

Co.,

Liberal Caab Advances

Hew York,

Ktm ai Vr«m««.

on Consignments to our

doitoa, FbtladelpbU, Llrerpool,

any dcsl^

& CO.,

43 Broadway, Ne-w

v-»i

iETNA
Insurance Com pan]
OF HARTFORD.

CAPITAL.
A88et§,

Jan.

Liabilities

-

$3,000,000 OO"

-

1, '76

-

«6,'r92,64» 98

...

-

#246,385 50

COMMISSION MERCHANTS,
NEW

BRANCH
TORE.

OFFICE,

JAS. A.

113

BROADWAY,

ALEXANDER,

HOT78K8 IK

Liverpool

Manchester and Liverpool,

DE JERSEY

&.

Walsh, Thomson

&

CO.

SOUTH WILLIAM &

New

Wall

65

STONE STREETS,

pages, containing 14 engraved lUui-

^"in'kOWIATION for STOCK. srECULATORS.
Price lOc, cloth covers

pHper covers free.

TUMMRIURE
& f!"-*.
and Brokan, W»U
Bauktrs

Agent.

&

"I

& Globe

Insurance Company,

York.

Street Caricatures.

A new book, 48

London

N. Y.

Co.,

COTTON BROKERS,

COTTON BUYERS,

GALVESTON, TEXAS.

4 c.

constantly

WMCC

JOHN W. MASON

Co.,

Knoop, Hanemann & Co

MERCHANTS,

126 Pearl Street,

frltniU In

&

LOCISTILLE, KY.
COMMISSION MERCHANTS.

62 EXCHANGK PLACE,

44 BHOAD STRBBT, BOSTON,

Purposes,

Stock

hand, from

f

ine«, Mlnin?

lengths are cut.

TTPOK OOTTOW CONSIGNED TO

inesars. J. N.

.

&

Kremelberg

Large

LONDON

Exchange on the CITY BANK,
and HOTTKNGOER & CO., PARIS.

BALTIMORE.

E. Rogers

P

Bricks, Inclined

Bills of

RlgglBJ^

isuspension Bridges, Gnys, 0er

Kremelberg & Co.,
commissioN and
NEW YORK.
COTTON mERCHANTS,
& Co.,
Kremelberg
D.
NEW YOKK
ESTABLISHED
J.

Wm.

Ships,

for

BUitaiile

L

TVALIi STREET,

Advances made on Consignments. Special atten
feion paid to purchases or sales of " Cotton futures.

1841.

CHARCOAL,

SI'EEL,

B. B. of the very best qoalj

'Hoisting

83 Nassaa Street,

'"ew YnrU.

St.,

Miscellaneous.

BANKERS AND COMMISSION MERCHANTS

Ne^ir

TIE,

"The American Cotton-Tie Company",

Co.,

New York.

No. 68

SAl.»»
,

CELEBRATED "ARROW"
S.

47 Broad Street,

BANKERS AND COMMISSION MERCHANTS,

^

OF THE

COMMISSION MERCHANT

COTTON FACTORS

^

NEW YORK FOR THE

SOLE AGENCY IN

Also, execute orders for Merchandise through

meurs. FIN LAV, nVIR & CO.,
CALCUTTA AND BOMBAY.

m

LIVERPOOL, ENGLAND.

Orleans.

Sawyer, Wallace

>

Cotton Ties.

Information

York, and Messrs. D. A.

Street,

8. C.

Liberal advances made on consignments of Cotton.
Orders executed at the Cotton Exchmce lor the pur.
chase and sale of contracts for future delivery.

Brown's Baildines,

SaUclt consignments of

)

,

Bankers

CHABLEBTON,

Stone street.

Advances made on Consignments to

Co.,

65 Beaver .^t. Sc 20 Exchange Place,
GEO. W WILIIAMS & CO
^ YORK.
NEW
& Commission Merchants, >

Co.,

purchase or sale of future shipments or deliveries

MBRCHANTS,

COmitllSSIOIV

&

Williams, Birnie

COMMISSION MERCHANTS,

W.

con-

Co.,

6c

AdvBnces made on Consignments to

Special attention given to the execution of orders

Ignments.

Henry Hentz

Tobacco and General Commisala
Merchants.

Delivery.

orders

BROAD STREET, NEW YORK.

LONDON AND LIVERPOOL."

New York.

for the purchase or sale of Contracts for

NEW

UAITLAND.

Cotton Factors,;

Bennet,

OOMKIISSION MERCHANTS,

GENERAL COMKISSION MERCHANTS

MACLBH081

L. r. S.

L.

Robt. L. Maitland& Co.

Wool, Hides, Ac, and upon shipments to onr friends
In

CO.,

New York.

4858.)

Liberal Advances

XLEXAITDBB KAITUND.
BOBKBT

BROAD STREET,

GENERAL

61 STONE STREET,

BABCOCK &
LIYERPOOU

ments.

&

Orders executed at the Cotton Slxchanges In New
Liverpool, and advances made on Coltou
and other Produce consigned to them or to their dnr

General Commission Merchants,

General Oommieelon mCercbant*.

Ware, Murphy

50 TVall Street, New York.
MERCHANDISE DEPARTMENT.
York and

COTTON FACTORS

Cotton Factors

& Co.,

Babcock Brothers

;

!l

.„

•(.,!(,

„
T.

45 William St.
Assets, $26,740,105 70
In the U. S., $3,000,000