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YOL. 26.
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THE
Mr. Wood’s New Tariff Bill
Economical Canal Management
and Low Tolls
The Freight Rate Imbroglio.
Financial Review of January.....
....
THE
CHRONICLE.
Latest Monetary and Commercial
English News
108
103
104
Commercial
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and
Miscellaneous
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Corporation Finances—
115
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THE
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120
123
| Dry Goods...i..
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..
Imports and Exports
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(Jljronide.
125
126
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MR. WOOD’S NEW TARIFF BILL.
On
Thursday the sub-committee presented the revised
bill to the Committee of Ways and Means, consolidat¬
ing the tariff duties in accordance with the principles
which were some time ago announced.
Although the
bill is
commonly known
Mr. Wood’s measure, because
devoting himself to
its elaboration, it must not be
forgotten that it is the
joint work of a number of men of experience and prac¬
tical knowledge.
Prominent among those who, with
Mr. Wood, have aided in
perfecting this tariff measure,
are the other
members of the sub-committee, Mr.
Gibson, Gen. Banks, Mr. Tucker, and Mr. Burchard.
The first of these gentlemen is
chiefly'responsible, we
believe, for that part^of the bill which relates to the
importations of sugar. Every detail, however, of the
measure as it stands has been
carefully examined and
revised by each member of the sub-committee of
five, sc
that the responsibility rests
equally upon every member,
vOf course it will not be
possible, in reviewing a docu
he has for
a-
-
as
-
-
m
NO. 658.
voluminous, to enter into all the objections or
Its details will,
come
up for future examination, when public opinion,
regarding the measure has been more distinctly devel¬
oped. There are, however, a few general facts to which
we will, at present, advert as useful and
necessary to be
kept in mind in criticising the bill.
In the first place it is a measure intended to raise a
large amount of revenue for the Treasury. Mr. Wood
ment
.
Money Market, TJ. S. Securities,
VTCLLIAM B.
mwmm........
—
SATURDAY, FEBRUARY 2, 1878.
C O NTENTS
The Commercial
--
so
commendations which it has evoked.
has called
into his counsels
a
number
of
Treasury
experts, and, from the most careful 'estimates which it
has been possible to make, the conclusion has been
reached that the bill
it stands will
produce a revenue
averaging $154,946,000 per annum, supposing that the
imports will equal the average imports of the past six
years.
In view of the present financial situation, the
first requisite of any measure proposing to revise and
consolidate our tax system, must of course be its pro¬
ductiveness to the Treasury. The public credit is now,:
or at least it
recently was, regarded at home and abroad
as established
upon so sure a basis, that the refunding '
of our whole public debt at a low rate of interest is a
mere
question of time. Apart from specific legislation*which
as
leave out of the account, in our present argu¬
ment, there is no basis to support the public credit com¬
we
parable to that of a well-supplied treasury. And, of
course, if our Treasury is to be amply filled from taxa¬
tion, the customs duties, which yield the larger half of
the revenue, must be so adjusted as to produce a
steady
and trustworthy
supply. To show how Mr. Wood’s hill,
estimated to yield 155 millions a year, will compare with
the customs laws of previous years, we
have compiled
the subjoined table of the amounts of revenue
yielded
every year since 1863 by the customs duties.
We have
also added the product of the internal revenue taxation
for each year, with some other facts designed to throw
light on the subject:
considerable time been
REVENUE FROM CUSTOMS AND INTERNAL REVENUE.
Net
Customs.
ordinary
Receipts from
loans and Treas-
Interest
Internal
Revenue.
reee:pts.
ury notes.
public debt.
1863....
$69,059,642
$37,640,787
$112,094,945
1864.
102,316,152
84,928,260
109,741,134
209,464,215
243,412,971
322,031,158
179,046,65!
176,417,810
194,464,599
180,048,426
194,538,374
206,270,408
*16,370,286
488,089,522
163,103,833
157,167,122
148,071,984
.130,956,493
309,226,813
519,949,564
266,027,537
191,087,589
158,356,460
462,846,679
376,434,453
357,183,256
895,959.833
..
1865....
1866
'
1867....
1868....
1869....
1870
.
.
1871....
1872
...
1873
...
1874
...
18?5....
1876....
1877...
’
184,899,755
113,098,153
374,431,104
130,642,177
364,394,229
123,729,314 % 322,177,673
299.941,090
102,409,784
110,007,493
284,020,771
116,700,732
290,068,584
118,630,407
281,000,642
-
$776,682,361
1,128,873,945
1,472,224,740
712,851,533
640,426,910
625,111,433
238,678,081
285,474,456
268,768,523
305,047,054
214,931,017
439,272,535
387,971,558
897,455,808
348,S7l,749
on the
$24,729,700
53,685,421
77,395,090
133,067,624
143,781,591
140,424,045
130.694,242
129,235,498
„
■
125,576,565
117,357,839
104,750,688
107,119,815
103,093,544
200,243,271
97,124,511
$2,360,830,170 $2,391,662,858 $5,005,949,960 $8,242,641,744 $1,588,279,433
THE CHRONICLE
104
point to which we would direct attention
is, that in all amendments to the bill, sound principles
and symmetrical adjustment should be, as far as possi¬
,
The second
measure
the most
[Von. XXYL
important principles, laid down in
fiscal science, both by Adam Smith and by other eco¬
nomic authorities. How far th e attempt b as succeeded, it
For example, it has been pointed out is, perhaps, premature to affirm. The bill has been pub¬
by our French importers that the bill, as it stands, will lished in full at this early stage of its progress, both to
make its provisions accurately known to the country
operate unfavorably to them and their friends. Some
of our own merchants and dealers are already beginning and to give time and opportunity for their examination*
to make similar complaints.
These hostile criticisms, for in the full light of public opinion, before the bill is
reasons above suggested, we do not here consider in reported to Congress by the Committee of Ways and
detail.
We only cite them in order to offer to the Means.
committee the suggestion that while the bill, in these or
ECONOMICAL CANAL MANAGEMENT AND LOW TOLLS.
some other of its minor details, may be attacked, and
The confirmation, on Wednesday last, of Mr. B. S. W.
may perhaps need pruning and trimming, the pruning
knife must be used only where it is wanted, and must not Clark, by the Senate of this State, by a unanimous vote,
as Superintendent of Public Works,
is an incident
destroy the symmetry and adjustment of the fiscal
which has special significance at the present time with
measure as a whole, or impair its power of yielding a
ble, preserved.
revenue
of 155 millions
a year.
reference to the future of the canals.
The unanimity of
Thirdly, we see from the above figures that the bill the vote, after the rejection of. two previous nomina¬
we are discussing embodies the great general principles tions, is a decided compliment, even his political oppo¬
which have been frequently advocated in this journal, and nents making no objection to him, perhaps in com¬
which have, to some extent, for years past, been applied mendable imitation of the course taken by him* when,
to our fiscal system, except for a brief portion of the entering upon his present position as Warden of the.
paper-money era, when they were temporarily lost sight Sing Sing prison, in selecting, upon business principles,of amid the troubles incident to our war finance. These a member of the opposite party for his assistant. Not
*
are, first, to regulate the incidence of all our very much has been heard hitherto of Mr. Clark, but
taxes in such a way as to cause them to fall chiefly upon what has been is to his credit ; his management of
distribution and consumption; and, secondly, to leave the the prison—that institution having for many years
principles
of production, especially that of the great
staples of the country, exempt from direct fiscal burdensThe growth of national wealth, as economic science has
abundantly demonstrated, requires for its best develop¬
ment that taxes should fall upon the processes of con¬
sumption and of distribution, because experience shows,
that the industrial organism will bear such taxes with
less harm, while taxes which directly attack production
are always peculiarly full of peril, and need to be watchfully guarded. It has been contended that this principle
is best complied with when a nation adjusts its revenue
system so as to derive its chief resources from customs
duties, and when the taxation is mostly levied upon the
products of other countries, leaving its own industries and
its productive powers, as far as possible, tax free. In
1866 one of the most notable applications of the prin¬
ciple was made, which swept from the statute-book war
taxes of this pernicious character to the amount of some
processes
■
200 millions.
Other reforms have since been introduced
from time to
time, and the work seems to be carried
political ” in management, and hence ineffi¬
expensive—attests his business capacity; and
his honesty and freedom from partisanship are affirmed
in the strongest terms by those who know him, some of
his warmest supporters for the position he has now
past been “
cient and
being Republicans.
special pertinence, to the canal question, of this
seemingly excellent selection arises "from the present
condition of the canals and from the fact that, the officer
obtained
The
of Canal Commissioner having
of them falls to the
been abolished, the charge
Commissioner of Public Works.
In
May last, it will be remembered, a large reduction in
tolls was made, and the decline which followed imme¬
diately, both in traffic and revenue, was urged as a
demonstration of the failure of the experiment, by the
high-toll men, who hold that the canal should
be managed
simply with the aim of yielding
the State some revenue.
But, as we attempted
to show last summer, this decline is by no means a
conclusive demonstration. Granting, for argument’s
sake, that the only reason for reduction of the tolls was
the probability of an increased traffic sufficient to offset
the effect of the reduction upon the receipts, and that
the canal carrying-trade has been suffering from the
by Mr. Wood’s bill.
This measure fully adopts the general policy of leaving
tax-free the great majority of our own productive
forces and of directing the taxation chiefly upon those
same causes which have affected other trade and net
parts of the economic and industrial system which can
best endure it. Without committing ourselves to all its from high tolls alone, it does not follow that the
worked a large effect in increas¬
specific details, we might easily show that no tariff bill reduction has not
presented to the Committee of Ways and Means for ing traffic, even though the actual volume of traffic has
declined. What the traffic and revenue without the
many years past has been less open to the charge of
imposing burdens upon production, or of attacking reduction would have been is an unknown quantity in
those sensitive processes by which the nation accumu¬ the problem, but an important one, and it needs to be
lates wealth and develops the most potent elements of made known before the low-tolls experiment is con¬
demned. It is true that in the four months following
material growth.
Finally, the bill has the merit of simplicity. It the reduction, extending to the beginning of the
reduces the number of taxable articles to about five autumn, there was a decline of $295,800 in receipts; but
hundred; it changes the ad valorem duties to specific for the last four, months of 1876, directly preceding the
duties, wherever the change can be made, and it will reduction, there was a decline of $142,623 as compared
reduce the cost of collection from $7,250,000 to with the previous year.
It is fuVther the fact that
$3 ,000,000 or less. If we examine its twenty-five sec- J traffic has been declining by all' routes, and that the
tions in the light of the accepted canons of taxation, railroads have lost more heavily than the canals.
we shall find that an evident effort has been made, and
Waiving this point, however, as one nearly impossible
of
determination—because, while it is not easy to definot without intelligent, broad views, to embody in this
forward
a
decided step-in advance
***;• V-V. *’j£
February 2,
v*f^^T'-';:V* --\■ VV.7 y7‘■v* <*>**•-
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nitely ascertain what have been the results of a given
course which has been followed, it is merely a matter of
opinion what the results
had not been
1U5
THE CHRONICLE
1878. J
would have been if that course
taken but some other had
been—the prac¬
question now is, what policy shall be followed with
regard to the canal. The toll-sheet of last year has
been adopted by the Canal Board and unanimously
agreed to by the Senate committee, with every prospect
of ratification by the Legislature; consequently, we
have to consider the so-called experiment of low tolls a
fixed fact for at least the coming season, and to act
accordingly. In 1876 the revenues were a little over
$1 ,300,000; last year they fell to a little over $800,000;
the Constitution stands in the way of a deficiency tax,
tical
limiting expenditures in* any year to
the amount of the
receipts of the previous one. The problem, there¬
fore, is, how to get along with the latter 'amount this
year; and while some do not hesitate to declare that
the canal must go into bankruptcy unless the people
consent to be taxed for its support, the chairman of
the Senate canal committee thinks that it can be
maintained for $500,000, and some of Mr. Clark’s
friends are sure he can do the work for even
less. He has certainly an opportunity to distinguish
himself by showing what can be done, and the past
management, during a period of inflated prices and
the long-uninterrupted power of a ring of plunderers,
cannot be taken as showing the minimum of expendi¬
ture which may be sufficient when the canal passes
under the control of a man who unites those rarities in
public office, business ability and stern honesty. If it is
true, as some of the quidnuncs at Albany think they
perceive, that “the political significance” of Mr. Clark’s
appointment is that it is a “ triumph ” for Mr. Tilden,
then there is another reason for gratification so far as the
latter gentleman is likely to be consulted by Mr. Clark,
or to influence him, or even to concern himself, in the
management, because there is probably no man in the
State so thoroughly familiar with and master of the
subject of the canals as Mr. Tilden, who has made it a
special study.
It is well to note here a point just made by Ex-Gov.
Seymour, who also has made himself familiar with the
gross
factor in the
warm
prosperity of the State, and hence he
is *
advocate of their retention.
impression mentioned actually operated
to divert freights from the canal it is of course impossi¬
ble to say; overestimating its effect to that end is very
natural to an earnest friend of the canal, under present
circumstances and yet it may have had some weight.
As to the value of the canal as a freight route hencefor¬
ward, probably not even those who consider it no longer
worth maintaining call in question its past usefulness
to the State, or impeach the reputation for sagacity of the
man who caused its construction; the freight remains to be
carried, at least in as great amount as ever, and if the
canal is less important to the State than it was ten years
ago, the reason can be only that it has failed in com¬
petition with the rail, and is no longer necessary. Now
this is a very large question, and whoever assumes to
How far the
presumption more plainly than
knowledge; the question is one yet far from settlement,
settle it off-hand exhibits
and there is not
a
fact in the case, even
the recent factS5
which does not, as it seems to us, bear at least as strongly
in favor of the water as of the rail, waiving entirely the
question whether it would be wise to
submit the traffic
of this State and port to dependence upon the
of rail which lies within the State. While
one
line
the rail
facilities have grown in every respect, from track to equip¬
ment, and the cost of moving freight over it has been
gradually diminished, the canal, on the contrary, has
been almost stationary, having had no considerable
enlargement in any respect; its width and depth, its
walls and locks, and its boats, remain nearly as formerly;
the locks,'which are practically a sort of stricture upon
traffic, and the old method of hauling, have set and still
set a limit to carrying capacity.
On the other hand,
while the railroad has been managed, in an extraordinary
degree, with the shrewdness, energy, and foresight
which distinguish private enterprises from public ones,
the opposite has been the fact with the canals; little
honest and well-directed effort has been expended upon
their improvement, and their maintenance has been
effected under one of the most astonishing systems of
public robbery. In a word, the rail has had everything
done to equip it for competition; the water-way has had
canals. He cites the fact that for the whole season of next to nothing, and has been barely kept from'deter¬
1877 the canal traffic showed an increase off 18,000,000 ioration. To undertake to give a verdict upon the
pounds over 1876, notwithstanding the decline in question of competition, would therefore in view of
these facts, be as presumptuous as it would be prema¬
receipts, while in rail freights there was no increase.
He adds the suggestive statement that he has had an ture and unwise. The problem is yet to be worked out,
extensive correspondence with Western shippers and and the indications are that it is really only beginning.
merchants during the past season, and has found prevail¬
TOE FREIGHT RATE IMBROGLIO.
ing among them a very general impression that the State
The rumors of “cutting” freights to the West, which
is about to abandon its canals altogether, and that they
consequently turned their thoughts from the canal to the have been floating about'for some two weeks past, have
railroads, being on the lookout for favorable arrange¬ taken definite shape so far as to direct the accusation of
ments with the latter, and neglecting to ship as much by bad faith and violations of compact, mainly against the
the canals as they otherwise would have done ; this erro¬ Grand Trunk and the Central railroads; and the special
meeting of the Chamber of Commerce on Wednesday
neous impression he ascribes to the provision of the Con¬
stitution authorizing the sale of the unprofitable lateral last, together with meetings of the trunk-lines officials
canals, which impression has been confirmed by numerous during the week, have put the matter into a shape so
articles in the Eastern press, ‘written in the interest of nearly definite that a concise statement of the nature of
the railroads, and predicting as well as advocating the the present position of this seemingly endless “war” will
abandonment of the canal as a relic
of the past, no longer be timely.
The “ pooling ” arrangement made last October pro¬
Seymour has no doubt that this false
impression in the West had much to do in preventing vided for the maintenance of specific rates on freight
the actual increase in tonnage in 1876 from being yet leaving New York, Boston, and Philadelphia, for
larger, and that the removal of it will be followed by a competing points in the West and Southwest, and,
much greater increase this year ; he is firm in the belief in the second place, for a joint apportionment of freight
that the .canals, particularly the Erie and Champlain, are to be carried, the agreement being that the “ pool ” com¬
to bejiereafter, asj they^havejjbeen §heretofore;ja prime missioner or arbitrator,* Mr. Albert Fink, should weekly
serviceable.
■.•is
-or-'
Mr.
10S
THE
CHRONICLE
[YOU XXVI,
order each road which had just been carrying more than ^primage,” so that 2,000 boxes of tin plate would cost
its proportion of any class of freight to retain enough of $320 89 to Chicago, $261 54 to Philadelphia or Balti¬
that class during the following week to offset the excess, more, $111 77 to Boston, and $359 62 to New York;
the line or lines short of their proportion of such freight after the present combination took effect, he added, the
being notified immediately to send for and forward the promise was that through rates should not be less than
The similarity of this arrange¬ the sum of the full ocean rate and the full rail rate to
ment to the latest coal combination is quite noticeable. the interior, but soon after the advanced through rates
The ingenious plan of transfer, it is now said, worked had been announced it was found that by the Grand
well enough as between the trunk lines themselves, but Trunk, and, later, by way of Portland and New Orleans,
not at all to the satisfaction of their northern connec¬ freight could be carried to the West at about the rates
tions, mainly so because the Central and Erie, which which prevailed during the summer. This complaint,
carried the larger part, diverted from their northern as made first, we commented on at the time, ascrib¬
connecting roads all the freight thus transferred to the ing the' trouble to the labored efforts to “ build
other members of the pool in pursuance of the equaliza¬ up ” Philadelphia and Baltimore as commercial cities,
tion. The roads thus disturbed, desirous of retaliating and arguing that the Central and Erie, under the
in some way, took advantage of the omission of the circumstances, took the only course which lay open, and
agreement to provide for rates from local points along did not harm New York by making it the point of
the lines, and cut their own rates enough so as to make, debarkation for merchandise which would otherwise
when added to the local rate to the 4“ billing point,” have gone by way of the other ports, but, on the other
a
figure below the through rate from the nearest hand, not only saved to the steamship lines interested
terminal point. The Grand Trunk made such contracts their trade in some measure, but did what was most
that freight could and did go West in large quantities by likely to checkmate the rival roads. The form which
way of steamer from here to Portland, and thence by the complaint now takes—as against the Grand Trunk,
rail; several Southern lines of vessels, to Charleston, Illinois Central and others, rather than against the New
Port Royal, and even New Orleans, cut into the compe¬ York roads—is itself confirmatory of the view we took
tition on St. Louis freight; and the rates westward from of the matter then. Ocean freights, however, did not
local stations on the Central were so reduced that goods form the. burden of the meeting so much as domestic
could be shipped from this city to such a station and ones, and the meeting itself, from. the circumstances
and the language of the call, was clearly intended and
re-shipped at a saving.
This is substantially the way the story is told, although understood as a remonstrance addressed to the Central,
it is beset with the usual contradictions, Mr. Vanderbilt whose representative present, Mr. Depew, expressed
himself flatly denying that his company has, “ by its concurrence with the action proposed, and affirmed in
treatment cf either local or through business, evaded in the most emphatic manner the community of interest
any manner its obligations or afforded the opportunity between the road and the metropolis. Being asked to
for it to be done,” and saying that “ it is impossible for explain the facts stated in a letter sent by a firm here
any shipper to send freight to any station on our line to the meeting, that they had just received orders from
and then re-ship it at an aggregate rate less than St. Louis to ship goods to Boston in care of “ Merchants’
the through rate from New York.” How much truth Dispatch” (meaning the Central), and that firms in
there is in the specific charges we do not undertake to western Massachusetts announce that they have ar¬
say, for one difficulty in this railroad warring is to ascer¬ ranged to ship to St. Louis at 60 cents, against $1*28
tain definitely any but the general facts. On Wednes¬ from New York, Mr. Depew said that the line at the
day last, a special meeting of the Chamber of Commerce end makes the rate and the intermediate one must take
what it can get, the question being whether the Central
was held to consider the subject, in obedience to a call
signed by a large number of the heaviest firms in the should drop the rates on nine-tenths of its business
sugar, tea, metal, dry-goods and other trades, which because it dropped on the one-tenth. The meeting took
averred that the Chicago merchant is charged by the no action, except to appoint a permanent committee of
trunk lines $1 per 100 pounds from here to Chicago for seven on railroad transportation, to inquire into the
a certain class of freight, while the same merchant “can whole subject.
Few subjects are more difficult than this to dispose of
ship the same goods over the same lines at 75 cents per
It seems clear, however, that talking about
100 pounds from Boston via New York, the lines bearing off-hand.
the expense of bringing the goods from Boston to New what the Central “ owes ” to the interests of this city
York, with the additional expense of transhipment in is wasting time, and that the subject needs to be put
this city;” upon this “basis of ascertained, facts,” the at once upon the plane of pure business. There can be
call proposed the consideration of the question “ whether no doubt of the sincerity of Mr. Vanderbilt’s profes¬
the great railroad trunk lines which hold their charters sions of his appreciation of the city’s interests, and his
from the Legislature of this State have the right to desire to further them, because as a manager who seeks
make rates which unjustly discriminate against the com¬ business success, and not out of generosity or local pride,
he cannot avoid thinking what he says.
merce of this city and grossly injure its mercantile
On the other
interests.”
hand,the force of competition, under the conditions hinted
At the meeting the expression of feeling was that the by Mr. Depew, is an element in the problem which can¬
causes of complaint are chiefly the special contracts now not be omitted and must not be forgotten, although
made with large shippers and the “unjust discrimina¬ there may be too large a notion prevalent of the inde¬
tions ” made against this in favor of other cities. A pendence of the Central. Still further, it is undoubtedly
member of the largest importing firm in tin plates true that the road has been and is hampered by its
brought up the complaint of last summer, that while insufficient terminal facilities here; comparison with
rates from Liverpool to Chicago and some other Western competing ports in this respect instantly illustrates this,
cities, on certain classes of goods, were 12 shillings and 6 and there has been quite too much disposition here to
pence per ton, to this city they were the same, with the rely upon natural advantages and the position already
addition of an old charge of 10 per cent known as gained.
goods thus held back.
r
f
.
Vr!
4
5
6
1
8
1
0
2
3
5
6
72
is that the Grand Trunk has
accepted the proposition of the other roads. to submit
all matters of difference to Mr. Fink as arbitrator. But,
of course, this can be regarded only as a truce, not as a
settlement, because the sources of disagreement remain
as before, and the continual difficulty hitherto has not
been to make an agreement, but to adhere to it. The
pooling arrangement which is now superseded by an
absolute arbitration was designed to maintain rates and
to prevent future warring, but it seems to have done
neither. The moral is easier to name than the remedy.
The original trouble is the lack of business enough to
employ all the carriers, as is strikingly shown by the
arrangement for putting them upon a pre-arranged
footing of equality, and dividing among them the busi¬
ness which is not enough for all, instead of letting each
take what falls to it in the ordinary course; practically,
however, each takes what it can get, and in the competition, which proves stronger than union, the successive
compacts have broken down. Until business can employ
03
all the roads more
<—6s, 1881—* r-5-20s, Coupon—i t—10"40fl—, 5s,’81. r-4*s,’91-> 4a, 6s,’99
Jan.
105* 106* 106*
106*
105*
105* .... 106*
105* .... 106*
....
....
13..
13
....
105* 108* 108* ....
1G3* 101*
105*
105* 103* 103* 101*
105* 103* 108* ...
....
....
....
....
....
.S
102* 105* 107* 106* 107* 105* 103* 103*
103
105* 10?*
105* 103* 103*
103
105* 103* ....
105*
103* 105* 108* 107* 107* 106* 104* 104
106* 104* 104*
107* 103 105* 108*
103
107
107* .... 103* 103* 1G3*
105* 109
106)4
106*
106*
.106*
106*
106*
106*
106*
106*
7...;...
8
...
cur.
coup. coup. reg. coup. cou.
Holiday
106*
1U6* 106* 102*
..106* .... 102*
106* 102*
11
....
102
102* 118*
102* 119*
If 2* ....
102* ....
.S
1C6* 106*
106*
106* 107*
17.......
106*
103
...
....
....
....
....
....
S
....
....
....
..
.
104
....
....
....
101*
104
104
103* 104
104* 104* ....
104*
..
.
.
103*. 103* 101*
10S* 106* 104
108
105* 103*
107* 105* 103*
108* 105*
165* 109* 108*
106* 106* 102* 105* ....
105* 108* 107*
106*
103* 106* 102* 105* .... 107*
....
102*
101*
104
...
107* 107* ....
106*
107* 108
108
108* 106*
108* 108* 106*
108*
103*
....
104
....
....
....
105* 108*
106* 106*
107* 107* 103* 105* 109
107
105*
107* 103
105* 108*
107* 107*
103* 105* 109*
107*
105* 109*
107* 107* 103
28
29......
103*’102*
103* 102*
104. 102*
108
105* 103*
107* 108
107* 106* 104*
104
107* 10?* 106
103*
107* 108
107*
102* 105* 10S*
1(5*
103* 105*
103* 105*
107
107
103* 105*
103*
106* 106* 103
21
£2
of agreement which shall be strong
enough to stand the cross strains, seems, we will not say
hopeless—because experience teaches much—but not very
hopeful. As respects the differences and adjustments, Mr.
Fink is to-day the formal manager of the associated
’•5 m 1887. 1868. reg.
'coup.
reg.
1...,
3
10
nearly to their full capacity, to sug¬
1878.
JANUARY,
CLOSING PRICES OF GOTEKNICENT SECURITIES IN
present position
The
....
103* 101*
103*
103*
103* 102
....
....
Openingl06* 106* 102* 105* 106* 108* 107* 105* 103* 103* 101* 118*
Highest. 107* 107* 103* 106 109* 103* 108* 106* 104* 104* 102* 119*
Lowest..106* 106* 102* 105* 106* 108* 107* 105* 103* 103* 101* 118*
Closing. 105* 106* 102* 105* 103* 107* 108* 105* 103* 103* 102
119*
1878.
COURSE OF GOLD IN JANUARY,
gest any sort
settle the
into
permanent peace,
be will certainly do himself honor and the business com¬
munity a vast service. The best counsel which can be
given, however, is to cultivate a spirit of concession and
If he
lines.
can
war
a
rushing off, under the universal pressure of hard
times, to charge the trouble upon some particular corpo¬
ration or quarter, this course naturally leading to retal¬
iatory blows which hurt all round and only retard the
most desirable settlement, the revival of business.
avoid
FINANCIAL REVIEW OF JANUARY.
retrospect for the month of January just closed is not satis¬
factory. The number of mercantile failures throughout the
country and the amount involved therein were large, and these,
together with the damper thrown upon business' transactions by
the silver discussion in Congress, contributed to make the month
A
a
Date.
i
Tnesday .
Wednesday.
ThnrRflAy...
Friday
Saturday.
Sunday
Monday....
..
..
|
Lowest. Highest. Closing.
Openig.
..
..
102*
8 102*
Tuesday
9 102*
Wednesday.
Thursday. ..10 102V4
..11 102*
Friday
.12 102*
Saturday
..
...
..
.
..
Sunday
....
.
102* 102* 102*
•
102* 102*
102* 102*
102* 102*
102* 102*
102* 102*
102* 162*
101*
101*
101* 101*
101* 101*
Friday
25
Saturday
26
Sunday
27
Monday
28
Tuesday
29
Wednesday... 80
Thursday... .31
January,
1878.
“
•
•
•
•
.....
,
101* ioi*
101* 101*
101* 101*
101* 101*
2$
following table will show the opening, highest, lowest and
closing prices of railway and miscellaneous stocks at the Now York
Stock Exchange during the months of December and January r
RANGE OF STOCKS IN DECEMBER AND
first ten days of
city bank state¬
ments showed a material gain in their reserves, both in specie
and legal tenders.
There was no great demand for investment bonds, and govern¬
ment securities were irregular under the influence of the return
of bonds from abroad and the varying prospects of the silver
bill at Washington.
A marked inquiry was noticed for small
lots of government bonds from parties who had apparently be¬
come discouraged with savings banks as a place to put money.
Speculative stocks were inactive and] prices generally about
m
!
The
rather gloomy one.
The money market relaxed, as usual* after the
the month, and during the last three weeks the
i
g
102* 102*
101* 102*
101* 102*
102
102*
101* 102
101* 101*
...
Openig. Lowest.
•
.13
Monday.... ..14 102*
Tuesday... ..15 102
Wednesday. ..16 101*
Thursday... .17 102
..18 102
Friday
Saturday.... ..19 101*
..20
Sunday
Monday.... ..21 ioi*
Tuesday.... ..22 101*
Wednesday. ..23 101*
Thursday... ..24 101*
|
,3
101* ioi* ioi*
101* 101* 102*
102* 102* 102*
102* ioi* 102*
102*
102* ioi* 102*
102*
1877. 107* 105* 107*
102*
“
1876. 113
112* 113* 113
102*
“
1875. 112* 111*.
102*
“
1874. no* 110* 112* 111
102*
“
1873. 112* 111* 114* ns:
■
“
1872. 109* 108* 110* no
102*
“
1871. 110* 110* 112* m*
102
“
1870. 120* 119* 123* Hai*
102
“
1869. 131* 134* 186* 138*
102
“
1868. 133* 133* 142* 140*
101*
“
1867. 132* 132* 137* 135*
101*
“
1866. 144* 136* 144* 139*
“
1865. 218*
234* 210*
101*
“
1864. 151*
159* 157
101*
“
1863. 133* 135* 160* 160*
101*
101* Since Jan. 1, ’78. 102* 101* 102* 101*
4 102* 1C2* 102* 102*
5 102* 102* 102* 102*
6
,,
.
i
Holi day.
2 102* 102* 102* 102*
1
3 102*
..
Date.
JANUARY.
v
steady.
Gold fell off to 101£ and
silver vote in the House.
afterward advanced to 102£
on
the
Foreign exchange was not active and the principal buyers were
of United States bonds.
the importers
CLOSING PRICES OF CONSOLS AND U. 8. SECURITIES AT LONDON IN JANUARY.
Consols U.S.
Consols U.S.
Date.
Jan.
“
“
“
“
41
5-20, 10-40 5s of New
1881. 4*8.
Money. 1867.
for
1
2 94*4
8 94 9-16
4 94 7-16
6 94 7-16
6
«
•
••
••• •
7 94 11-16
,V 8 95 1-16
9 95 5-16
“
10 95 5-16
M
11 95*
“
12 35
u
18
"
14 95 8-i6
15 95 8-16
**:
16 95 5-16
«4
J7 95*
18 95*
M
19 195 9-16
“
Holi day..
105* 107*
-
io3*
103*
105* 107* 105* 103*
105* 101* 105* 103*
105* 107* 105* 103*
"
•
<*
•
•
.
•
3....
a
.
•
-
3....
106* 108* 106* 104*
106*
106*
106*
106*
106*
108* 106* 104*
108* xl06 104*
108* 105* 104*
108* 105* 104*
108* 106 105
5-20, 10-40
Money. 1867.
“
“
“
“
“
“
"
21
22
23
24
25
26
27
28
29
30
5s of
New
1831. 4*s.
S....
Jan. 20
.....
105* 107* 106 101
104
105* 107* IC6
103 Ji 167* 106* 103*
106
107* 106*,104
106* 108
106*1104*
106* 108* 106* 104*
for
Date.
95 7—16
95*
107
107
109
109
106*
ios*
106 Hi 105*
95*
107* 109* 106* 105*
107* 109* 1(6* 105*
107* 109* 106* 105*
95 9-16
107* 109* 106* 105*
95 5-16
95 1-16
S....
95 11-16 107* 109* 106* 105*
95 7-16 106* 109
105* 104*
«
104
106* 108* 105
95*
“
31 95 9-16 166* 109* 105
104*
10b* 107* 105* 103*
Open, . 94*
Highest 95 11-16 107* 109* 106* 105*
Lowest 94 7-16 105* 107* 104* 108*
Closing 95 9-16 106* 109* 105 104*
“
“
•
•
Issh 95
94
«•**
11-16 107* 109* 106* 105*
7-16 105* 107* 104* 108*
Albany & Susquehanna.
73
Central of New Jersey..
13*
Chicago & Alton
78
Bur. C. Ran. & North..
15*
do
pref... 102
Chicago Burl. & Quincy 101*
Chicago MO. & St. Paul. 35*
Chicago & Northwest...
70*
35*
Chicago & Rock Island.
99*
do
do
do
pref.
pref.
Cleve. Col. Cin & lad...
Cleve & Pittsburg, guar.
Colnmb. Chic. <fc Ind. C.
Del. Lack. & Western...
65*
15*
16*
12
12*
102
100*
78
102
102*
37*
101
102*
76*
73*
33*
63*
36V4
33
61*
99*
31*
66*
101*
76*
4
50*
51*
10*
59
5
16*
1*
Panama....
125
Pitts. F. W. & Chic., guar 92
Rensselaer & Saratoga.. 95
..
16*
14*
78*
4
pref..
Pacific of Missouri
St. L. Alton & T. H
do
1
do pf.
St. L. Iron Mt. & South.
St. Louis Kans. C. & N.
do
do - pref.
St. L. & San Francisco..
Union Pacific
Wabash receipts
Warren
73
76
do
Og.
73
39
Morris & Essex
75*
New Jersey
New Jersey Southern....
2
N. Y. Cent. & Hud. Riv. 106*
New York Elevated
N. Y. N. Haven & Hart. 158
Ohio & Mississippi
8*
Rome Watertown &
'
11
4*
14*
7*
5*
23*
3*
67
Clos.
73
85*
Erie
10*
do Dref
23
Hannibal & St. Joseph.. 12*
do
do
pref. 26*
Harlem
146*
Illinois Central.
72*
Kansas Pacific
7*
Lake Shore & Mich. So. 62*
Louisville & Nashville.. 40*
Michigan Central
Mo. Kansas & Texas....
January.
December.—
.
Railroad Stocks, Open. High. Low.
23
12*
28*
147
74*
9
64*
76
3
7*
22*
11*
24*
141*
71*
7
58
75
17
36*
72*
77
100
102
36*
72*
35*
35*
62*
100*
100*
89
78
38
78
40*
54*
78*
73
22
22
12
26
12*
25*
12*
10*
2*3*
MX
141*
74*
7*
41
62
•
.
•
93*
95
11
4*
15
8
5*
8*
24
4
-
•
•
•
•
•
•
*
•
91*
95
11
14*
7*
4*
22*
15
64*
8*
•
•
4*
7*
4*
23*
3*
65*
•
•
91*
•
•
•
•
•
•••a
61
4
71
75
120
1*
104*
1*
MS*
1*
108*
.
,
100
75
1<X>
155*
8*
153*
155*
7*
7
14
15
•
•
•
•
•
•
•
•
-
•
•
•
••
4*
4*
16*
7*
4*
17*
7*
4*
4*
6
4
23*
2*
28*
20*
65
6
69
8*
1*
120
87
112
87
125 “
92
•
14
IK
1*
•
» •
•••
58*
8*
?
62
120
1*
124
125
•
•
24*
141*
75*
75*
15
1*
95
11
4*
3*
67*
16
•
3*
50*
9*
122*
75*
121
•
6*
59*
63
4
75
1*
-
•
•••
63
••
141
73
75*
7*
63*
7*
61*
153*
124
91
27
142
142
74
xl53*
15S* xl53
7*
8*
10*
125
72
10
«
16
99*
34*
22
8*
106*
17*
1*
9.**
22
106*
•
62*
8*
22*
8*
52*
1*
107*
35*
61*
34
78
69
34
51
3*
1*
104*
64*
100*
38*
3*
1*
2
37*
51
76
•
108*
68*
38
63
16*
77*
101
100
102
36
70*
2*
46*
7*
3
•
73*
13*
13*
75*
17*
18*
79*
101*
103*
39*
73*
13*
x6t*
41
65
5
•
OIob
75
74
16
3*
47*
•
Open. High. Low.
■
c
107
THE CHRONICLE.’
1878.]
February 2,
16*
2*
17*
64*
14*
73
73
•
a
as
• »*•
4*
17*
6
4*
20*
3*
E*
li*
78
CrntONlCLK
108
-December.-
28
77*
21
75X
Maryland Coal
145
Pennsylvania Coal
150
Mariposa L.&M
8%
8%
*o
prf
4%
5
Ontario Silver Mining.. 25%
30X
Quicksilver...
do
pref
Canton
New York Gab
Union Trust
86X
97*
87 X
45
51%
52*
20
20
20
•
120
350
75
.4.81
@4.
.4.81
@4.
!4.‘8i**@4!
4!84“<a4, 84*
.4.
.4.81
,4.81X@4.
.4 81X@4.
•
•
$1,985,175
$1,725,163
$1,504,923
2,793,655
$5,641,431
17,441,061
$4,298,515
16,332,091
$23,082,492
$20,636,666
$6,750,253
$5,406,869
22,294,115
$25,838,137
$27,700,984
•
•
:
•
105
-
•
•
•
4.83X@4.S4X
4.83X@4.84X
4 83%@4 84#
‘
13.132,930
14,231,815
"$16,744,402
$19,902,541
gold coin..
silver bars
silver bars
silver bars
silver bars
48,000
90,000
4.84x@4.85X
4 84*@4.85
Total for the week
Previously reported
4.S4X@4.S5X
...
Total since Jan. 1, 1878..
time in—
1H7R
JR7R
1874.
i«?a
English market Reports—Per Cable.
1872
markets of London and Liver*
pool for the past week have been reported by cable, as shown in
The imports of
been as follows:
the following summary:
London Money and Stoek Market.—The directors of the Bank
Jan. 21—Str. City of Vera
Jan. 21—Str. Saratoga.
Ths daily closing quotations in the
| 1871
44
account.. 95 9-16
UJMs (5-80s) 1867.... 107*
U. 8.10-40S
109X
BS Of 1881
106X
107X
106*
C10S>X
m%
105*
105%
1109
105%
104%
Mew4X»
Thur.
108X
106*
10ex
105
104 ]
104X
106
111869..
|i 1868
II 1867
j
d.
s.
flour (extra State)
Vbbl 29
Wheat (R. W. spring).p ctl 10
44
44
6
5
“113
(Red winter)
(Av. Cal. white).. “ 12 7
(C. White club)... 44 12 10
Corn (new W. mix.) 9 qnar. 28 0
FSas (Canadian) 9 quarter. 36 6
44
28 0
36
6
Tues.
s.
d.
29 6
10 5
11 3
12 5
12 9
28 0
37 0
Wed.
s.
d.
Tues.
n. d.
83 0
Wed.
Thur.
s. d.
6
29
10
11
12
12
23
37
29
10
11
12
12
28
5
3
5
9
0
0
37
Fri.
s.
d.
29 6
10 4
11 3
12 5
12 8
27 6
37 0
.
6
5
3
5
9
0
0
as
Beef (prime mess) 9 tc. ... 84
Pork (W’t mess)....9 bbl 56
Bacon(l’gcl. in.).... pcwi 3!
Lard (American)....
Cheese (Am fine)....
0
15 0
30 6
40 6
64 0
40 9
44
61
44
G
s.
83
55
30
40
64
d.
0
0
6
6
0
s.
Pri.
s.
d.
63 0
d.
83
0
55
30
40
64
0
6
0
55
£0
40
64
6
0
6
6
0
Liverpool Produce Market.—
a
Moein(commoni... ycwt..
d.
s.
8.
5
6
0
5
44
(fine)
" 44
10
Pstroleuin(reflned)... .9 gal
‘
10
Uns’dc’ke(obl). 9 tL. 9
ttmseed (Cal.) 9 qnar.
Sugar (No.12 D’ch std)
on spot, flcwi
Sperm oil
9 tun. .75
Whale oil
44 .35
Linseed oil..,.9 ton .26
Mon.
£.
s.
10 0
43 6
9 19
23 0
10 0
0 0
23
75 10
35 0
26 0
5
0
43
s.
d. £
0
6
0
C
C
C
9
10
10%
7%
40
Tallow(prime City).. 9 cwt. 40 6
40 6
25
Spirits turpentine
“ 25 6 25 6
London Produce and Oil Markets.—
Sat.
£ s d.
Wed.
d.
e.
5
6
0
10X
7%
“
(spirits)
Tues.
d.
d.
.
.
10)
43S
0
6
1
10
85 0
0
0
0
0
0
0
6
0
Wed.
£ s. d.
9
10
43
0
6
23
75 10
35 0
26 0
0
0
0
0
J
40
25
6
0
Tnnr.
£ s. d.
9 10 0
43 6
23
75 10
85 0
25 10
0
0
0
0
40
6
0
25
Frl.
s.
d.
9 10
<8
0
6
23
75 10
85 0
25 10
0
0
0
0
£
Commercial anb Miscellaneous News.
Imports and Exports for thb Wrrk.—The imports last
week showed an increase in dry goods and a decrease in general
merchandise.
The total imports were $4,298,575, against
$5,111,531 the preceding week and $6,242,767 two weeks pre¬
The exports for the week ended Jan. 29 amounted to
vious.
$7,032,949, against $5,866,962 last week and $5,098,167 the pre¬
vious week. The exports of cotton for the week ending Jan. 30
Wore 6,506 ^ales, against 8,072 bales the week before. The fol¬
lowing are the imports at New York tor week ending (for dry
goods) Jan. 24 and for the week ending (for genera) mer¬
chandise) Jao. 25:
periods have
$1,200
Foreign gold
gold
6,585
700
133
220
$675,502!
■...
$1,246,726
3f'8,210
132.822
94,712
116,939
197,189
Same time in—
1871
1870
1869...
1868
28
28.
u
29..:...
II
30
II
81
Feb. 1
the week at the Sab-Treasury
Currency.
$163,000
$620,497 93
750,511 02
357,000
117,000
209,000
137,000
1,062,252 19
$550,140 34
2,018,516 87
967,931 15
662,449 70
658,169 64
330,866 79
Balance, Feb.
123.452 19
211,387 68
870,072 84
‘
$1,309,000 $3,638,173 83 $5,188,074
Balance, Jan. 25
1
182,616
155,514
Gold.
•326.000
2,030,038
600,794
1867.
Customs.
as
$191,774
.
have been
Payments.
—*
Currency.
$411,783 62 $660,475 38
725,521 70 2,412,809 04
770,707 79
661,794 14
594,730 35
408,463 75
46L991 83
406,665 70
556,253 03
335,032 08
Gold.
49 $2,849,265 99 $5,456,972 42
102,438,074 96 33,874,660 38
103,226,982 80 35,605,806 25
The Coal Combination.—At the meeting of the Board of
Control on the 25th instant, in Philadelphia, there were present
Franklin B. Gowen, Samuel Sloan, George A.
Hoyt and A. J. Cassatt, Isaac J. Wistar, Francis S. Lathrop,E. W.
Clark, Dr. Linderman, E. P. Wilbur and John E. Gra6ff. _
The quotas for the first three months oi the year were settled,
and the banks for the deposit of the penalties named.
The fol¬
lowing is the Buhstance of the articles of association of the Anthra¬
cite Board of Control adopted for the year 1878:
First—That a board of control be established composed of a representative
of the seven companies signing the agreement. The board shall meet as often
as necessary, and shall elect a Pres-ident, Secretary and Treasurer.
The num¬
ber of votes cast shall always l:e in proportion to the percentage of annual
production alb wed to each company, so that the full vote ehall not exceed
100. An expert accountant is to be appointed to receive the reports of the
Thomas Dickson,
,
iox
7X
10*
?x
10*
40
25
6
6
s. d.
6
Tnur.
Pri.
d. s. d.
5 6
5 6
10 0
10 0
s.
.
.Amer. silver
.Amer. silver
Amer. silver
follows:
Total
I
0
0
...
Jan.
Liverpool Provisions Market.—
Thur.
.
3,214,879
7,149,331
3190.c09
1866
Cruz.
The transactions for
Mon.
s.
d
29 6
16 5
11 3
12 7
12 10
...
specie at this port during the same
Same time in-
Liverpool Breadstutf* Market.—
sat.
1,049,659
2,932,693
...
...
Total since Jan. 1,1878.
1977
1876
1875
1874
1873
1872
Liverpool Cotton Markit.—tiee special report of cotton.
160,000
$8,888
Frl.
106X
109X
105%
104%
36.900
.Amer.
95 13-16
95 13-16
95 9-16
1,200
2,000
$3,405 521
...
I| 1870
England, at their meeting on Thursday, fixed the minimum
nie of discount at 2 per cent.
The bullion in the Bank has
increased £154,000 during the week,
95 9-16
4,650
Same time in-
$971,491
1,866,039
9,804.323
2,660.508
7,402,782
1,540,301
Of
Wed.
$22,389,752
22—Schr. Carrie Saunders...Jeremie, Hayti...Amer.
23—Str. Scythia
Liverpool
Amer.
24—Str. Cimbria
London
Amer.
26 - Str. Germanic
Liverpool
* mer.
26—Str. Mosel
Southampton....Amer.
4!84X7t4’.85*
4.84X@4.£5X
*».84X@4.g5X
<2iiglial) Neroa
95X
95X
10**
17,442,673
16,854,592
$4,000
Same
Mon.
Tues.
95 11-16 95 7-16
95 11-16 95%
*
previous years:
ij
Hadji
Porto Cabello....Amer. gold coin.
Hadji
St. Johns, P. R . Mex.
doubloons..
Amer. silver coin.
Jan.
Jan.
Jan.
Jan.
Jan.
4.83X©4.8‘3
@4.83
$7,032,948
Previously reported..,.
Jan. 19-Str.
Jan. 19—Str.
4.83X@4.84*
S
1818.
$5,535,160
total8 for several
S
“ 27
1877.
$5,670,796
$3,811,473
$24,475,621
The following will show the exports of specie from the port of
New York for the week ending Jan. 26, 1878, and also a com¬
parison of the total since Jan. 1, 1878, with the corresponding
3 days.
“ 28.’.4.'82X©4!83"
“
29..4.82X©4.83
'•
39..4.82X@4.83
31..4.82V©4.83
THE WEEK.
For the week
Since Jan. 1
77%
4.83X@4.84X
4.88%®1M%
“ 25..4.82X©4.83
“ 26..4.82X@4.83
£ateat Jtlonetarg and Commercial
sat.
,
1873.
1875.
•
120
*
•
•
EXPORTS FROM NEW YORK FOR
1ft7?
Consols for money.. 95 9-16
3.916,268
3,421.694
19,087,884
.
Jan.29:
1878.
..
Range...4.81
•
•
75
78
.
“
4.83X@4 84*
4.83X@4, 84
4 88%m 84
m.
75
50
•
*
“ 21..4.81X@4.82
“ 22..4.81*@4.82
23..4.81^@4.82
“ 24..4.81*@4.82
4!84V@4 .85*4
4.84X(&4 .85*
4.84X©4 85*4
4.84X®4 85
4.84 @4 84V
4.84 ©4 ,84%
.4.si%m.
.4.8iX<&4.
•
•
•
•
“ 20
4.84%(&4 .85%
*4.‘8i*@4*.
•
83X
45
120
105
“ 19..4.81X@4.82
4.84 X©4 .85*
S
•
S2%
•
120
105
Jan. 18..4.81X@4.82
4.84X@4 .85*4
...
120
350
75
*
-
•
•
60 davs.
3 days
Holiday...
Q4. 82* 4.85*@4 .86
•
•
EXCHANGE FOR JANUARY,
bankers’ sterling
.4.81XS4.
.4.81*@4.
4.51X@4.
•
87X
51%
120
105
•
120
350
75
60 days.
.4.82
20
•
$3,062,042
our report of the dry goods trade will be found the imports
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 week ending
87X
52X
#
1877.
In
47
120
Previously reported....
16
51 %
United States Trust.... 350
Pullman Palace
75
Total for the week.
9%
1878
1876.
of
28
96%
49
#
75*
Since Jan. 1
88%
98 %
88%
97
49X
47
87
Adams Express
American Express
United States Express..
Wells Fargo Express....
Mel. & Him. Canal
78 X
WEEK.
1875.
3,688,211
General merchandise...
145
2
2%
25#
17*4
16
21%
Drygoods
21%
1«X
28%
MX
78%
9*
22*
20X
78%
9%
28
20*
28%
23X
79*
21X
Open. High. Low. Clos.
Low. Clos.
Open. High.
miscellaneous.
Pacific Mail....... ....
Atlantic & Pacific Tel...
Western Union Tel
FOREIGN INPORTS AT NEW TORN FOB THU
January.-
-
fVou XXVI.
different interests.
Second—The entire annual prodnetion
cable agreement. All the coal shipped
of coal shall be apportioned by
to the Pacific coast or to auy
.
ami-’
foreign
shall
country other than the West India Islands or the Dominion of Canada
not be included in the allotment or chargeable as such to 1 he interest
ehip7%ird— At the beginning of each season the yearly quota of each interest
shall be divided into such monthly quantities as said interest may desire, sub¬
ject to the general approval of the Hoard of Control.
Fourth—Each interest shall have the right to sell its quota in any manner
or at any price.
It is recommended, with a view of preserving harmony,
^
that the agents ef the different
constituting a coni exchange.
coal companies shall occupy one room,
thereby
' '
Fifth— Each interest shall pay weekly to the credit of the Board of Control
15 cents for each ton of coal produced. This is to constitute a fund, oat of
which the prescribed penalties of $1 25 shall be paid for every ton shipped in
excess of monthly quotas to those whose quotas are deficient.
All accumula¬
tions after payment of penalties incurred tube returned to the proper parties
•
of every three months. In lieu of the payment of 15 cents per
any interest may at its option furnish such securities as may
''"
\
‘ - •■ to the board.
at the end
ton,
be satisfactory
Sixth—Provision is made for the disadvantages of strikes to each particular
company, so that any interest suffering thereby, and not having received any
pern Ities for the amount of its deficiency during said strike may, at anytime,
make up the said deficiency of tonnage.
;
.,
Seventh—Each interest shall be chargeable with the several classes of coal
specially enumerated. The Lehigh Valley interest shall be responsible for all
.
.
_
,
•
if
-•
:>■:■;
~S
coal delivered by the
Lehigh Railroad to the
Lehigh Coal & Navigation Com¬
eanal.
iJEtytfWt—The allotment for the year 1878 is prescribed, the figures of
for transportation by
have
already been given.
Peoria & Bock
Gross
which
Island.—The following statement is made of
the earnings of this road for the period of
February 1,1875, to November 80,1877:
earning!
Expenses
Net earnings
109
THE CHRONICLE.
3. 1878.]
pany
? ?.
*
the receivership, from
1817.
1875.
11 months.
1876.
Fall year.
11 months.
$316,5*7
$325,266
$308,140
208,057
$108,469
259,877
$65,389
196,042
$112,097
Total.
$949,934
663,977
$285,956
Wilmington & Reading Railroad, extending from Birds*
Poplar Neck, in Bucks county, was sold in Philadelphia
this week for $6,000. The sale was made on the suit of F. EL
Sampson vs. Geo. Richardson and others, in the United States
Circuit Court for the Eastern District of Pennsylvania, and clear
of all incumbrances subsequent to the lien of a mortgage dated
July 6th, 1874.
the
b^ro to
—Mr. Frederick Taylor has been elected cashier, and M&
Frederick Butterfield a director of the Continental National
Bank. Mr. Butterfield is well known as a highly successful
merchant, and Mr. Frederick Taylor has been for many years
partner in the firm of Frederick Butterfield & Co., who
the
especially attended to its financial business. Each of these
Freights.—The meeting of presidents gentlemen will add greatly to the business and influence of the
or representatives of the trank railroads was held in New York
Continental Bank, whose staff now exhibits a strong list of active
this week. A long time was consumed in the effort to bring officers.
about an understanding and agreement between the Grand Trunk
—Messrs. Lehman Brothers, 133 Pearl street, New York, the
Railway of Canada and the B)ston & Albany Railroad, and to
re-establish some of the relations entered into in October last prominent cotton commission house, are the financial agents of
between the Western railroads.
The proposition submitted by the city of Montgomery, Ala., and are paying interest on the new
Mr. Hickson, of the Grand Trunk, for the settlement ot the dis¬ bonds of that city falling due in January, 1878, both those issued
in exchange for railroad bonds and those in exchange for market* k
pate between the Grand Trunk and the Boston & Albany Rail¬ house
bonds. They are also agents for the exchange of market*
road, was taken up, and Mr. Bliss, general manager of the Bos¬
house
bonds.
ton & Albany road, opposed a settlement on the basis of the busi¬
ness transacted in 1877, but expressed his willingness to leave
—The statement of the Liverpool & London & Globe Insurance
the matter entirely in the hands of Mr. Fink as arbitrator. This
Company to Jan. 1,1878, which will be found in another column,
.was eventually adopted, and a dispatch was sent to Mr- Hickson,
is eloquent in a few figures. The fire assets of the company are
of the Grand Trunk, January 30, proposing, with his assent, to
$7,963,445 and its total liabilities $2,841,420. The United States
-submit all matters of difference to Mr. Fink as an arbitrator, branch reports assets of $3,959,901; liabilities of $2,191,769;
without any reservation as to any basis heretofore insisted upon
surplus, $1,768,131. The total income in 1877 was $2,713,059;
by either company. Rates to be restored on the 1st of February, total expenditure, $1,603,916 ; surplus income, $1,109,142.
Vand until the award is made all companies to maintain rates
—The coupons of the Dakota Southern Railroad Company's
-under the direction of Mr. Fink ; the rates to be the same lrom
.New York, Boston, and New England points ; the award of the first mortgage 7 per cent bonds, maturing February 1,1878, will
.arbitrator, when made, to take eflect on the 1st of February. To be paid on and after that date at the Metropolitan National Bank,
Trank Line Railroad
which
proposal the following answer was
received :
in New York.
Montreal, January 30, 1878.
—The old New York Mutual (Marine) Insurance Company
with yonr desire that the result issues its annual statement for 1878, showing total receipts from
questions in dispate.
J. Hickson.
premiums in 1877, $293,435; losses and expenses and returned
As to west-bound freights, the Times report of the meeting premiums, $186,196. The company pays 6 per cent interest on its
outstanding scrip. The New York Mutual, under the presidency
says: “ There was some consideration of the expediency of re¬
ducing 'freight rates on west-bound traffic, and it was decided of Mr. John H. Lyell, and vice-presidency of Mr. Bleecker, is
that a reduction would be made in the course of two or three known as one of the most conservatively managed of our marine
weeks. The west-bound business having been disposed of, the companies..
:east-bound business was taken up, with a view to harmonizing
—The Merchants' Bank of Canada, whose New York agency is
-the conflict between the Western roads. Commissioner Guilford
now with the well-known firm of Jesup, Paton & Co., draw bills
presented his statement of the condition ot things in the West, on the branch of the Clydesdale Banking Company in London.
wliere he reported that he had been unable to enforce the pro¬
The acceptances of the Clydesdale Banking Company will rank as
visions of the compact. After an amicable discussion, it was
decided to adopt a plan somewhat different from the old one. prime in this market, and place the bills of the Merchants'
Hie general scope of the plan is to place greater power in the among the best offered in New York.
hands of the trunk lines, whieh are hereafter to act as one,
—The statement of the Home Fire Insurance Company should
threngh Commissioner Fink, who will receive from Commissioner have been noticed in the Chronicle of January 26. The exhibit
Guilford all complaints against offending roads, and direct how of the company on the first of January, 1878, muBt be exceedingly
chastisement shall be meted out.
The Grand Trunk is to be gratifying to its stockholders, showing as it does the large net
considered as one of the parties in interest, and is to be consulted
surplus of $1,016,703 over and above its capital of $3,000,000, and
whenever joint action or any action affecting their interests a reserve fund for re-insurance of $1,836,432.
The management
is to be taken. The General Manager of that corporation has of the Home—recovering directly from the great Chicago and
^expressed himself favorable to the adoption of equitable arrange¬ Boston fires, and getting so soon to its present Btrong position—
ments, and it is believed that it will join in the plan adopted is entitled to be considered most able and vigorous.
last night. If it should refuse to abide by the decision of the
—Messrs. Fisk & Hatch, as will be seen by their card on
trank lines and persist in making Independent rates, the trank
lines will meet the rates made by the Canadian road. No definite another page, propose to offer their services to all parties desiring
to take new 4 per cent United States bonds. We see every reason
time was fixed for the new plan to go into effect/*
to suppose that parties will find it much more convenient, and in
Valley, Of Virginia.—At the recent annual meeting it was the end more profitable to buy through this reliable firm than to
resolved to issue $2,000,000 in bonds, provided the resolution attempt to deal directly with the Treasury.
should be approved by the Finance Commissioners of the city of
—Messrs. A. H. Muller & Son sold the following at auction:
Baltimore, which holds $1,000,000 of the stock. The Finance
SHARES.
Commissioners have decided not to approve the issue, believing
SHARES.
20 North River Bank
62
100 Cumberland Coal & Iron Co.. 10
that circumstances at present are not favorable.
Warren RR. Co
7iJ£
200 Maryland Coal Co
8M 109
60 Lorillard Ins
90)4
! Wilmington & Northern.—The Circuit Court of the United
40 B'k of State of N. Y ...110@109)<
34 North River Ins
.120)4
20 Mecb. & Traders’ Ins
182)4
; States for the Eastern District of Pennsylvania has recently ren¬
Fire Ins
120)4
108H 403 Globe
dered a decision in the case of Peter Kemble/os. the Wilmington 100 National Fire Ins
Mun’pal Gaslight Co. of N.Y. 100)4
We accept the proposals, and sympathize
may be a permanent settlement of the
c
•
Bank
<
& Northern Railroad.
The first mortgage bondholders of the
Wilmington & Reading Railroad foreclosed
their mortgage and
.appointed a committee to buy the road and reorganize a new
company under the act of Assembly of 1861. The new company
was after
reorganization to issue to the old bondholders new
bonds secured by mortgage on the new company's property.
Alter the reorganization as the Wilmington & Northern Railroad
Company and the issuance of stock as required bylaw, Peter
j Kemble, a stockholder, filed a bill for an injunction to restrain
the company from creating the mortgage and issuing the bonds,
on the ground that there was no consideration given for the bonds.
.The Court—Judges McKennan and Cadwallader—decreed the
injunction, on the ground that the act of 1861 only authorized the
purchasers to receive stock for their interests in the new corpora¬
tion, and that no mortgage bonds coaid be issued under that act
except “ for a new and adequate consideration, which would go
to increase the available funds of the company.”
The form of
reorganization in the case of the Wilmington & Northern Rail¬
road has been the one generally in use in Pennsylvania for fifteen
years, and quite a number of existing railroad companies have
organized under it.
The Oil Creek & Allegheny River Rail¬
way Company was sold out and reorganized as the Pittsburg
Titusville & Buffalo Railroad Company, and it is stated that the
present Pittsburg Titusville & Buffalo sevens were issued under
just such an arrangement as the court has decreed against in
the Wilmington & Northern Railroad case.
Wilmington 8c Reading Branch*—The Reading branch of
100 Lorillard Ins
92
60 Broadway & 7th Av. RR.72)4@71)4
50
15 Sun Mutual Ins
36 Citizens’ Gaslight of B’klyn.. 82
10 Clinton Fire Ins
136)4
34 Metrop. Nat. Bank....
120 Mech. Nat. Bank
130
34 Gallatin Nat. Bank
121)4
83 Nat. Butch & Drovers1 B’k 83@90
166 Erie RR. Co. (pref.)
21)4
14 Home Ins
108)4
5 N. Y. Gaslight Co., $100each. 125
129)4(&128)4
BONDS.
$10,000 Consol. Coal
6s of 1897....
Co. 1st mort.
75
5,000 Houston & Texas Cent.
RK. 1st mort. main line 7s,
85)4
gold, due 1891
5,00) Ridgefield Park RR. 1st
10
mort. bonds
2,000 2d Av. RR.
mort. 7s, due
consol, conv.
1888..
.
93
2,COO City of Cincin. 7 3-10 per
cent bonds, due 1906, 100)4
75^
int.
136)4 £200 and
sterling Ohio & Miss. RR.
100 Greenwich Ins
265
consol. 1st mort. bond,
135 Firemen’s Fund Ins
50
dated 1867, redeemable 1898,
50 Hanover Fire Ins ~
183
with coupon due July, 1877,
20 Mech. & Traders’ Ins..180
attached
90
29 Home Ins
10324
$12,000
Arkansas
State
6s,
funded
40 Farragut Fire Ins
130
debt bonds
26@25)f
26 Nat. Butch. & Drovers’ B’k.. 87
Arkansas State 7s, levee
21 Long Island Ins
16024 7,000bonds
...
$X
62 Home Ins
108&106
..
200 Bank of the Manhattan Co... 140)4 12,000 Chic. & Can. So. RR. 1st
mort. 7a, gold.............. lSJf
40 Mech. & Traders’ Nat. B’k... 106)4
100 Bank of the Metropolis
89)4
—Messrs. A. H. Nicolay & Co, sold the following :
44ContinentalNat. Bank..'
100 Hanover Fire Ins
.
.
BONDS.
SH iRES.
1 M)J4
50 Nat. Park Bank
10 H >me Fire Ins
107)4
40 Mech. & Traders' Nat. Bank .110)4
15 Continental Nat. Bank
.. 77)4
60 Butchers’ A Drovers’ National
_
Bank..
10C@100)4
$10,000 Ind.
Bloom’gton & West.
RR. 1st mort 7s
28,COO Montclair & Greenwood
Lake RR. 1st mort. 7s, construction bond*1
17H
•-HF
Cincinnati, Ohio, ;
6 per cent gold bonds.
90
10,000 City of
THE CHRONICLk
110
®l)e Cankers’
No National Banks
ryoL. XZTL
bonds with the silver possibilities,
with their uncertainties.
On the
rather than savings banks
26th; Secretary Sherman
reported that subscriptions for $2,000,000 had been made to the
4 per cent loan.
Closing prices at the Board have been as follows:
©alette.
organized during the past week.
D IV IDBND8.
Int. period.
The following dividends have recently been announced:
Peb
Name
Company.
of
Cent.
Railroads.
Connecticut A Passumpsic, pref
Massawippi
Middlesex Central
New York, Providence A Boston (quar.).
North Pennsylvania (in scrip)
Springfield & New London
Chenango A Allegheny
2
2
Feb.
Feb.
$3
2#
Feb.
Feb.
Feb.
Feb.
Feb.
2
3#
10
Banks.
Bank of the Manhattan Co
Corn Exchange
National Bank of the Republic
Insurance.
St. Nicholas
miscellaneo ns.
Iowa Railroad Land Co. (quar.)
Pullman Palace Car (quar.)
When
Payable.
6s, 1881
reg.. Jan. A July. 107*
69, 1881..
coup...Tan. & July. 107#
6b, &-20S, 1865, n. i.. .reg. .Jan. A July. 103#
6s, 5-20s. 1865, n. i..coup. .Jan. A July. 103
6a, 5-208, 1867
reg..Jan. A July.*105#
6s, *>20s, 1867
coup. .Jan. A July. 105#
69,5-209, 1868.
reg..Jan. A July.*108#
6s. 5-20b, 1868
coup..Jan. A July. 109#
5a, 10-408
reg..Mar..A Sept.*108#
5s, 10-408
coup. .Mar. A Sept. 108#
5b, funded, 1881
reg.. Quar.—Feb. 105#
5s, funded, 1881... coup. .Quar.—Feb. *106#
4#s, 1891
...reg..Quar.—Mar. 103#
4#s, 1891
coup..Quar.—Mar. 108#
4s, registered, 1907
Quar.—Jan. 101#
4s, coupon, 19Q7
Quar.—Jan. 101#
6s, Currency, lS95..reg..Jan. A Jnly.
6s, Currency, 1898..reg.. Jan. A July.
69, Currency, 1897..reg.. Jan. A July
6s, Currency, 1898..reg.. Ian. & July.*120
6s, Currency, 1899..reg.. Jan. A July.*121
Books Closed.
(Days inclusive.)
1.
1.
1.
11. Feb. 4 fo Feb. 11.
25. Feb. 2 to Feb. 9..
1.
1.
4
5
3
Feb.
Feb.
Feb.
i. Jan. 27 to Jan. 31.
4 Feb. 1 to Feb. 3..
4
Feb.
1.
l
Feb.
r.
Feb.
15.
9.
*
FRIDATf FEBRUARY 1, 1878-5 P. ML.
Tlie
Honey
market and Financial
the President’s veto.
Jan.
30.
Jan.
29.
Jan.
Feb.
81.
1.
*107
106# 106# 106# *106#
*107# 106# *106# 106# *106#
103# *102# *102# *102# *102#
*103
102# *102# 102# 103
105# 105# 105# 105# *105#
105# 105# 105# 105# 105#
108# *108
108# 108# *108#
109# *103# 108# *108# 108#
108# *108
107# 107# xl05#
108# 103
105#
104#
106# 1C5#
104
103#
107# 108# 108#
"
104# 104# *101#
105# 105# xl04#
103# *103# *108#
103# 103# 103#
100# 101# 101
103# 103#
101# 100#
101# *101# *102
*12i“
102
*101#
!!
*120#
*121
in prices since Jan. 1, 1878, and the amount of each
class of bonds outstanding Jan. 1,1878, were as follows:
Situation.—The
largely concentrated on Wash¬
ington affairs, and the prospects of the ultimate passage of the
over
Jan.
28.
This is the price bid; no sale was made at the Board.
The range
attention of Wall Btreet has been
Bland silver bill
Jan.
26.
Range since Jau. 1,1878 ,—--Amount Jan. 1.—,
Lowest.
Highest.
Registered. ..Coupon.
68, 1881
5 107# Jan. 26 $194,024,500
88.711,850
..coup. 106# Jan.
69, 5-20s, 1865,new..coup. 102# Jan. 3 103# Jan.
47,046,950 69,856,400
106
Jan.
4
68, 5-20s, 1867
coup. 105# Jan.
98,587,400 212,029,800
6s, 5-30s, 1868
2 109# Jan.
coup. 106# Jan.
15,750,500
21.714.800
142,552,750
5s, 10-40s
..coup. 107# Jan.
7 108# Jan
52,013,550
5s, funded, 1881.... coup. 104# Feb. 1 106# Jan.
221,238,300 287,202.050
4#s, 1891
118,474,200
coup. 103# Jan.
81.525.800
2 104# Jan.
4a* 1907
61,044,400
13,855,600
coup. 101# Jan. 26 102# Jan.
6a, Currency, 1899....reg. L18# Jan.
8 119k Jan.
64,623,5121
In the meantime,
corporations are afraid to buy government securities ; insurance
companies and savings banks are afraid to make loans on mort¬
gage ; and all parties hesitate to lend money on any sort of time
obligation, payable a year or more hence in dollars, for fear that
the value of the dollar may be changed before the obligation
Closing prices of securities in London have been as follows:
The important event of the week was the passage of
matures.
Jan.
Jan.
Feb. r-Range since Jan. l, 1878.-%
25.
1.
18.
Lowest.
the Stanley Silver resolution in the House of Representatives,
Highest.
and the consequent sales of, and sharp decline in, government U. S. 6s, 5-20s, 1867
106# 107#
105# Jan. 2 107# Jan. 23
U. S. 5s. 10-40s
109#
108#
107# Jan. 2 109# Jan. 26
bonds here, and the rise in gold to 102£.
5s of 1881
106#
105#
104# Jan. 30 106# Jan. 15
Our local money market continues to work quite easily, and New4# percents
103# Jan. 2 105# Jan. 24
104# 105#
on government collaterals the rate for call loans is 4 per
cent,
State anil Railroad Bonds*—In Southern State
bonds,
and on stock collaterals 5@6 per cent. Prime commercial paper
Tennessees have recovered to 39 for the old, and 37 for new
Bells readily at o to 6£ per cent for really choice grades.
series. Alabama consols have sold at 4H@42£ for class A and
The Bank of England on Thursday showed a gain of £154,000 C. Louisiana consols are dull at 82£@83±, with sales of about
South Carolina consols are better at 57 to 65,
in specie for the week, and the discount rate was reduced to 2 $50,000 this week
on the hope that the Debt Commissioners will report favorably
per cent. The Bank of France lost 9,100,000 francs in specie.
on the whole issue.
The last statement of the New York City Clearing-House
Southern State and.railroad interest-paying bonds generally
banks, issued January 26, showed an increase of $1,458,275, in the advanced from 2 to 5 per cent daring the last month, on a home
demand from parties who have money to invest, derived from
excess above their 25 per cent legal reserve, the whole of such
the sale of cotton..
excess being $15,682,000, against $14,173,725 the previous week.
Railroad bonds remain firm on a moderate business.
The following table shows the changes from the previous
The list of securities sold at auction, usually reported in this
week and a comparison with the two preceding years:
place, will be found on the preceding page.
Closing prices of leading State and Railroad Bonds for three
1878.
1877.
1876.
weeks past, and the range since Jan. 1,1878, have been as follows:
Jan. 19.
Jan. 26.
Differences.
Jan. 27.
Jan. 29.
*
1
'
*
Loans anddis. $236,931,200 $238,404,300 Inc..$1,423,100 $253,156,100 $262,207,000
Specie
Circulation....
Net deposits..
Local tenders.
28,477,500
30,193,600 Inc,. 1,716,100
19,841,800
19,798,160 Dec.
43,700
205,972,300 207,171.200 Inc.. 1,198,900
37,189,300
37,231,200 Inc..
41,900
The statement of the
1878, has the following
National bank notes
passed
40,187,000
22,481,700
15,495,900
17,757,300
220,023,900
48,030,000
230,625,600
42,251,200
*
Jan.
18.
Jan.
Feb.
25.
1.
6s, old
Virginia 6s, consol
Tennessee
:
do
do 2d series... *40
District of Columbia, 3-65s 1924 *76#
*77#
Railroads.
Central of N. J. 1st consol.
65#
*65# *65
104
Central Pacific 1st. 6s, gold
"04# 104#
Chic. Burl. A Quincy consol. 7s ♦109# 109#
Chic. A Northwest’n, cp., gold
92#
93# *93#
Chic. M. A St. P. cons. s. fd, 7s
91# 93
107
Chic. R. I. A Pac. 6s. 1917
*106# 107
Erie 1st, 7s, extended...
♦111# 112
Lake Sh. A Mich.So.lst cons.cp ♦109V4 *109# *109
outstanding when act of June 20, 1874,
January 14, 1875
was
$349,894,182
1,967,263
National bank notes outstanding January 14,1375
$351,86!,450
Total redeemed and surrendered Jan. 14, 1875, to date.. $72,8 25,780
National bank notes issued between same dates
41,111,970
January 14,1875, to date
National bank notes outstanding at date:
Greenbacks retired under act of January 14,1875
Greenbacks outstanding at date
31,213,760
$320,647,690
$32,889,576
849,110,424
principal feature of the week was
the sharp decline in bonds on the heavy sales which were made
after the silver resolution passed the House.
These sales were
made in large part by the bankers having foreign connections, and
were supposed to be
against purchases made at the same time
ahrbad. It is possible, however, that a good part of the sales
were purely speculative or “ short” sales, and that no bonds were
simultaneously purchased against them in the foreign markets.
A recent issue of the 1Daily Bulletin thus referred to the mat¬
ter: “ The London market for bonds was unchanged; there is a
.profit of
per cent in importing them and the amount im¬
ported is apparently only restricted by the borrowing faci ities
tif this market.
The operation is this: the bonds are bought m
London by cable, and sold here the same day; they do not arrive
for ten days to two weeks; in the meantime, the sellers here
have to borrow them to deliver, and continue borrowers from
day to day until the London shipment arrives here; the trouble
now is that bonds enough cannot be borrowed in this market to
-anywhere near the amount that the bonds can be obtained in
Londop for sale hero,” Prices declined sharply, but have since
znade apartial recovery. There is still a good demand from old
cavings bank depositors, who have resolved to trust government
Lowest.
Highest.
8 83# Jan. 25
7 104# Jan. 3
4 39
Feb.
5 80
Jan. '29
76# Jan.
64# Jan. 29 67
103# Jan. 151105#
109
Jan. 2.109#
91# Jan. 14 93#
91# Jan. 5 93#
Jan.
Jab.
Jan.
5107
7.112
Michigan Central, consol. 7s... *106# 106# *105# 105# Jan.
*116
*117
*117
Morris A Essex, 1st mort
115# Jan.
119
119
Jan.
N. T. Cen. A Hud. 1st, conp... *119
118
Ohio A Miss., cons. sink, fond *98# 100
99# Jan.
*118
Pittsb. Ft. Wayne A Chic. 1st. *118
118# Jan.
107
•
•
•
•
•
•
106
110
109
•
8t. Louis A Iron Mt.. 1st mort. *105# *106# ♦x3# 104
Union Pacific lst.,68, gold..... 103# 104# 10*#
do
*95#
sinking fund....
95# 96
*
This
is
the price bid;
Railroad
and
no
1
*67
*40
*67
*40
78
*67
•
United States Bonds.—The
Range since J an. 1,1878.
82#
83# *81# 80# Jan.
*104# *105 *105 104# Jan.
*16
*17# *17
39
*35#
33#
33# Jan.
Louisiana consols
Missouri 6s, *89 or '90
North Carolina 6s, old
Comptroller of the Currency, February 1,
Increase from June 20, 1874, to
Decrease from
States.
Jan.
109#
115#
119#
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
14
29
25
80
29
17
1
21
19
5
1
30
100#
118# Jan. 15
106# Jan. 24
104# Jan. 29
96
Jan. 25
sale was made at the Board.
miscellaneous Stocks*—The stock
market
quite dull this week, notwithstanding the important
meetings of railroad officers. On Saturday, the 26th, the coal
road managers met in Philadelphia'and made their allotment of
coal production for the first quarter of the year.
It appears that
no agreement has been signed, but the present arrangement is
claimed to be as definite and practically useful as if it had been
formally signed. The meeting of trunk line officers in New
York was the most important event of the week, and resalted in
the reference to Mr. Fink of the points at issue between the
Grand Trunk of Canada and the Boston & Albany and New York
Central, with a proviso that rates should in the meantime be kept
up. The matter of rates on west-bound freights is also to be
adjusted. The meetings have been amicable, and as the ques¬
has been
tions acted upon involve more largely than any others the actual
prosperity of a majority of all the railroad stock sold at the
Stock Exchange, the results must be accepted as hopeful.
The temper of the market is
dull, although prices
remain,
The
as a
rule, quite steady.
exceedingly
daily highest and lowest prices have been as follows:
Monday, Tuesday, Wednw’y, Thursday,
Jan. 81.
Jan. 28.
Jan. 29.
Jan. 80.
17
17*
16* 16*
16
16*
15
15*
15
15
*14#
103* 1"8* 103* 108*
109* 103* 103* 103* 103 103
103* *
87*
88
87*
88*
88* 88*
37* 38* 36 * 38*
38* '89]
63* 69
68* 69*
68* 69
*
68 * 69*
69* 69>*
69* 69.
85 * 85*
85* 86*
84 * 85*
35
86*
86 * 86*
86 * 86*
62
62*
62* 62*
61* 62*
6!* 62*
62* 62*
62* 62*
99* 99*
99* 99*
98 * 99*
99
99*
99 * 99*
99* 99*
49* 60*
49*
50*
48* 49
49
43* 49
49*
48* 49*
50* 50*
50*
50*
49
*
50*
49* 50*
49* 50*
49* 50*
9*
9*
9*
9*
9*
9*
8*
9*
9* 9*
8*
9
*11
11* •11* 12
11* •11
*11* 11* 11* U* 11* U* 24 * 24*
25*
25*
24* 25
24* 24* 24* 24* 24* 24*
75
75* 75* 76*
74* -74 * 74*
*74 * 74*
74* 74*
61*
62*
61*
62*
61*
60* 61*
61* 62
61* 62*
61
61
•60* 60*
60* 60*
59* 60 *
60* 60*
60* 60*
•74*
75
74* 74*
74
74* 74* 75
74* 74*
74* 74*
105* 106
105* 10i* 104* 105* 105* 106
105* 105
105*106
•7
7*
7*
7*
7
7*
7* 7*
7*
7* 7* •....
28
23
22* 22*
•22*
23
22* 23
28*
28* 23*
121
M
Saturday,
Jan. 26.
Central of NJ
CMC. Burl .&Q
C. Mil. ft St. P.
do
pref.
Cblc. ft North.
....
pref.
do
C.B.I.& JPac.
Del.* fl. Canal
Del. L. * West
Brie..........
Han. & St. Jos
do
pref.
Ill. Central...
Lake Shore...
Michigan Cent
Morris ftEssex
N.Y.Cen.&H.R
OMo * Miss...
Pacific Mall...
Panama
123
16* 17
68* 68*
77*
77*
• ■ /B
• 1 /B
•120
•
...
16*
63
77*
100* 100* 100
American Ex. *43 * 49* *48*
United States. #46* ....
47
Adams Bxp...
"
-
—
Wells. Fargo..
UlCKSllver....
Quicksilver....
*
*83* 84
15* 15*
la*
do
pref. *30
This is the price
....
•118
123
15*
16
68
<7*
76*
68*
77*
• • /H
100* 100* 100*
49* *48
49*
47
47
47
•*’
» 33
84*
*15* ....
*30
123
16*
68*
....
S3* 83*
16
10
16
10
31* 31* #30*
48,141 46# Jan.
8,675 7# Jan.
435 10* Jan.
2,200 22# Jan.
3,095 73 Jan.
—
Hannibal A St. Joseph
do
do
pref
Illinois Central
•
182,155 59* Jan.
2,361 58# Jan.
Lake Shore
Michigan Central
Morris & Essex
N. Y. Central & Hudson River..
Ohio A Mississippi
Pacific Mail
Panama
Wabash stock
Union Pacific
Western Union Telegraph.
Adams Express
American Express United States Express
Wells, Fargo A Co
do
.
pref
jan.
1,855 71
7,698 104* Jan.
2,530 7 Jan.
2,000 21# Jan.
150 112
Jan.
14# Jan.
64* Jan.
75# Jan.
Jan.
98
47# Jan.
Jan.
48
82# Jan.
15# Jan.
Jan.
30
2,220
2,555
11,170
234
120
120
15
300
100
37,360
Jan. 26
“
21,4,0
28
29
30
31
“
“
“
Feb.
6,500
2,200
1
Total..
..
49,920
34,400
27,825
11,200
2,500
410
250
2,100
9,000
2,700
3,010
3,700
1,100
Saturday, Jan.
Monday,
“
Tuesday,
“
Wednesday, “
Thursday, “
Friday,
Feb.
....
Jan. .1,
Low. High
6
37#
94
118*
11
42#
820
125
40*
73#
43*
15
69#
82# 105#
25# 74#
30* 77
4* 15
37#
7
7
2
9
7
16
3
8
10
7
17
15*
33*
40#
79
45
73*
74#
92#
85# 109#
2# 11*
12* 26*
35*
51#
130
30
....
....
2
30
2
59#
73
56
91
84*
105
60#
59#
43#
9 36
2 I 81
5 ; 13
291 19*
90
24
45
5,200
300
8,675
n,i70; 41,825 2,361 43,141
151,031 494,665 337,874 153,992 187,382 524,000 780,000
.
1,862
1,708
8,395
200,000
The total number of shares of stock outstanding is given in
the last line, for the purpose of comparison.
The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below. The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “ Jan, 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the period mentioned
Whole stock
in the second column.
,
Latest earnings reported.
1877.
,
1876.
Jan. 1 to latest dale.
1876.
1877.
$296,313
1,424,31?
374,351
314.78 4
1,232,118 1,026,817
11,673
15,185
429,614
452,048
324,214
317,949
Atlantic ft Gt. West..Month of Nov.. $377,629
Central Pacific
Month of Dec... l,3i7,0U0
Chicago & Alton...... Month of Dec...
Chic. Burl. & Quincy..Month of Nov..
©akota Southern
Month of Dec...
Illinois Cen. (Iil.line)..Month of Nov..
Missouri Pacific
Mouth of Dec...
315.000
Mobile A Ohio
Month of Dec...
163,064
Nashv.Chatt. A St.L..Month of Dec...
50,853
New Jersey Midland..Month of Dec...
30,698
Pad. A Elizabethan...Month of Dec...
257,742
Phila. & Erie
Month of Dec...
69,392
St. Joseph & Western Month of Nov..
46.695
St. Paul & S. City
Month of Dec...
33,797
Sioux City&St.Panl. .Month of Dec...
Southern Minnesota..Month of Nov..
85,870
Month of Nov.. 1,115.009
Union Pacific
Atch. Top. ft S. Fe...lst week of Jan.
Bur. C. Rap. & North.3d week of Jan .
Cairo ft St. Louis
2d week of Jan..
Chic. Mil. & St. Paul.. .3d week of Jan..
Clev.Mt. Y. & D.,ftc..31 week of Jan..
Denv. ft Rio Grande...3d week of Jan..
Michigan Central...
8t.L.AS.E’n(StL.div.) 1st week of Jan.
“
^
(Ken.div.)..lst week of Jan.
w (Tenn.div.)..lst week of Jan.
Tol.Peoria A Warsaw..3d week of Jan..
Wabash.
3d week of Jan..
196,789
4,994,790
3,851,251 3,714,521
309,608 1,990,823 2,099,312
139,237 1,749,2:8 1,697,917
666,915
6S5,087
52,417
206,543
4,661,525
1878.
1877.
$35,825
$25,411
$35,825
108,179
4,730
451,000
19,316
39,719
497,510
270,688
$25,411
41,424
2,0’.0
191,000
6,196
13,113
2,853
13,100
8.296
181,484
96,593
28,000
148,086
35.791
31,409
21,206
35,321
33,530
107,731
38,668
118.695
42,453
3,465
9,359
<
107,800
73,036
29,800
11,981
6,128
2,451
88,559
105.5C8
78,277
6,468
37,877
23,009
54.501
3,136
15,400
102,692
68,512
23,550
12,569
6,662
2,719
18,075
66,130
79,660
90,969
87.234
142,570
42*453
3,465
29,163
[291,000
189,256
67,337
11,941
6,128
2,451
94,823
266,961
29.
30
31.
1.
Clearings.
101^ 101# $15,129,000 $1,848,26? $2,050,417
101* 101*
15,353,000 1,238.039 1,267,604
31,273,000 2,389,226 2,435,472
102# 102*
35,970,000 1,912,413 1,942,696
102# 102*
28,119,000 1,774,000 1,821,841
102* 101*
995,297
102
10-2
964,188
20,713,000
„
$146,557,000 $
101# 101* 102# 102
97,675,000 1,538,000
101# 101* 101* 101*
102* 101# 102* 102
following
are
49,5 9
7,445
217,40
16,978
27,896
399,359
165,165
75.600
64,404
108,086
123,169
54.5oi
3,136
36,655
291,040
174,731
65,800
12, .*69
6,662
2,719
56,764
210,675
1,560,684
quotations in gold for various coins :
$4 84
Sovereigns
Napoleons
@$4 89
3 86 @ 3 90
4 72 @ 4 78
X X Reichmarks....
3 90 @ 4 10
X Guilders
Spanish Doubloons. 15 60 Q, 16 00
Mexican Doubloons 15 50 @ 15 70
Fine silver bare
117*
11654®
Fine gold bars
pan®*prem.
Dimes A half dimes.
—
98*®
—
97]*
Large silver, *sA#s
—
96*®
—
97*
— 90
Mexican dollars...— 93
Five francs
English silver
Prussian silv. thalers
Trade dollars
®
®
—
—
93
94
4 75 ® 4 85
—
65
®
—
70
—
96#®
—
97
exchange.—Exchange has been somewhat variable from day
day, as the demand from bond importers affected the price.
To-day, exchange was weaker, and the leading drawers reduced
their rates to 4-82^ for bankers’ long and 4 84J for demand ster¬
ling. Actual business was at 4*81$@4*82 and 4*83f@4*84.
In domestic bills the following were rates on New York to-day
at the undermentioned cities : Savannah, buying par, selling 1-8
premium ; Cincinnati, quiet and steady, 100 discount @ par;
Charleston, easy, par @
premium ; St. Louis, 150 discount;
New Orleans, commercial 3-16 discount, bank par; Chicago, 80
discount, and Milwaukee par.
Quotations for foreign exchange are as follows:
to
-Feb. 1.-
80
@4.81
7954®4.80#
21*@5.18*
,22#@5.18#
.22# @5.18#
89*® 39#
94#@ 2454
"■
94*® 94#
94*@ 94#
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
..
(reichmarks)
(reichmarks)
Boston
b:nks for
Loans.
$
Aug. 13.
Aug. 20.
128,787,400
129.311.700
128,971,300
128.830.900
129,092,200
129,162,600
128.781.900
128.819.900
128.147.100
Sept. 10.
Sept. 17.
Sept. 24.
Oct. 1...
Oct. 8...
Oct. 15..
Oct. 22.,
Oct. 29..
Nov. 5..
Nov. 12.
Nov. 19.
Nov. 26.
Dec. 3..
Dec. 10.
Dec. 17.
Dec. 24.
Dec. 3i.
1878.
Jan. 7..
Jan. 14.
Jan. 21.
Jan.28.
following
are
the totals of the Boston
series of weeks past:
*1877.
Aug. 27.
Sept. 3..
94*® 94#
Hanks.—The
a
days.
®4.84#
4.83#@4.84
4.62 @4.88
4.81#@4.8S#
5.19*@5.16*
5.19*@5.16*
5.19*@5.16*
39# @ 40#
95 @ 951
95 @ 95#
95 @ 95#
95 @ 95#
4.84
81#@4.82
Documentary commercial
Paris (francs)
Hamburg (reichmarks)
Frankfort (reichmarks)
3
60 days.
St ®4.82*
Prime bankers’ sterling bills on London....
Good bankers’ and prime commercial
Good commercial
.
298,292 3,172,993 8,352,979
411,957
465,068
51,236
574,772
544,881
40,444
359.132
342,692
24,312
622,107
581.133
71,450
1,236,487 11,547,350 11,895,872
1877.
2d week of Jan..
Mo. Kansas A Texas..1st week of Jan.
Pad. & Memphis.
1st week of Jan.
SlL. A.AT.H.(brchsj.3d week of Jan..
St. L. I. Mt. A South.3d week of Jan..
St L.K. C. A North’n.3d week of Jan..
St. L. A S. Francisco .3d week of Jan..
$.
16,784,319 18,124,112
4,483,553 4,960,528
11,417,054 11,177.830
1878.
W’k end. Jan. 19.
Grand Trunk
Great Western........W’kend. Jan. 18.
Hannibal A St. Jo... 3d week.of Jan..
Indianap. BL & W..i.8d week of Jan..
Int. ft Gt. Northern.. 3d week of Jan.,
Kansas Pacific .......3d week of Jan..
The
Berlin
Del. A
Hud.
Erie.
800
1,920
210
1,005
935
1,300
600
5,100
1,330
101#
101*
101*
102* 102*
102* 101*
101* 101*
26.
28.
-Balances.Gold.
Currency.
Gold
Low. High Clos.
Bremen
follows
5,400
5,600
11,191
....
14
21
24
9
8
9
8
2
14
18
8
21
1
Op’n
101#
101*
101*
Current week..
Previous week.
Jan. I to date
48
43
•SO*
of gold and clearings and balances were as follows :
•Quotfitions,
•83* 34
*15* 16*
Highest
2 18# Jan.
2 103# Jan.
2 39* Jan.
30 73# Jan.
Jan.
4 38
30 61# Jan.
15 100* Jan.
5 52* Jan.
5 52* Jan.
Jan.
5 10
11
12# Jan.
Jan.
11 27
15 76# Feb.
15 63* Jan.
Jan.
3 63
5 75* Jan.
30 108* Jan.
16
8# Jan.
5 23* Jan.
Jan.
5 125
15 17* Jan.
Jan.
4 69
15 78* Jan.
8 100# Jan.
Jan.
14 50
Jan.
22 48
7 8?# Jan.
Jan.
26 16
5 31# Jan.
1,016
10,700
8.8C0
8,725
68
on
per oz.
The range
Whole
1878, to date.—. year 1877.
Mich. Del. L.
Cent. AW.
300 10,300
100 10,450
St.
North- Lake West’n
west. 8hore. Union. Paul.
°
■'
sharply,
Board.
Total sales of the week in leading stocks were as
'
1?
68
43
*47
81*
«30*
....
16*
76* 76*
100* 100*
the range in prices Bince
Sales
of w’k. /—■—Jan. 1,
Lowest.
Shares
2.748 13# Jan.
Central of New Jersey
Jan.
510 102
Chicago Burl. ft Quincy
41,8(5 36 Jan.
Chicago Mil. A St. Paul
aq
do
pref... 14.748 68* Jan.
Jan.
37,050 34
Chicago ft Northwestern
do
do
pref... 15,080 61# Jan.
3,0S5 98* Jan.
Chicago Rock Island A Pacific..
8,395 45 Jan.
Delaware A Hudson Canal
Delaware Lack. A Western
Erie
121
•118
123
120
120
16* 15*
*15* 16*
67*
67*
67* 68*
76* 77*
76*
77
•
••
100*
100*100* •100
48* 48*
*
48*
48
*47
48
47
47 '
84
83* 83* *83
15* .... *15* ....
-la*
bid and asked; no sale was made at tne
Total sales this week, and
1877. were as follows:
Quicksilver
Market.—Gold, after its decline to 101i, advanced
the Stanley resolution, to 1021, and closes to-day at
102. On gold loans the carrying rates to-day were 5, 4$y 4, and 3
per cent.
Silver in London is the same as yesterday, 5Rgd.@54d.
**lie Gold
....
Wabash, stock
Union Pacific.
VTCD*. Un.
VU. Tel.
liCli
West.
Ill
THE CHRONICLE.
2, 1878.]
February
127.402.700
126,852,800
126,497,500
127,388.103
129.127.700
129/08,800
129.445.100
128,034,700
127.951.900
127.699.700
123/30,400
127.723.900
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
$
$
$
$
38,032,036
23.500.600
49,845.300
6.359.300
1,827,100
39,564,014
49,454,000 23,475,800
6.436.600
1.693.500
36,250,619
6,619500
49,003,600 23.306.600
1,6*8,700
34,657,727
23,338,500
sUjwUIt 4 Uv
wU^OuOjwVv
49,261.700
6,761,50)
1.787.200
41,237,484
49,567,500 23,524,000
6.652.100
2.151.200
41,842,091
49,513,800 23,546,300
2.261.200 6.767.100
2,375,000
6.809.300 49.446.700 23.421.400 41,020,280
40,827,565
48.830.300 23,341,000
6.430.800
2,407,000
53,175,098
49.458.400 23,808,000
5,811 900
2.267.200
47,046,862
48.339.800 23.987.700
5.427.100
2,119,000
60,592,119
48.427.800 24,037,000
2;210,600 5,505,000
44,510,414
48.770.800 23,949,300
5.947.800
2.459.600
49,711,719
51,011,800 24,157,090
8.226.800
2.601.400
51,259,798
51.703.400 24,286.600
6.180.600
2,927,300
50,687,149
50.902.500 24,431,500
6,074,803
2.868.500
47,128,549
51.377.300 24.319.700
5,668,200
2.815.200
42,835,086
50.673.600 24.410.200
5.601.500
2.811.500
47,907.363
50.128.800 24.637.200
3,014,200
5.647.500
45,502,579
49.745.500 24.561.400
5.500.500
2,940,800
46,875,410
50.211.700 24,550,000
5,755,400
2.935.600
50.615.600 24.336.400 39,552,908
6,043,700
8,347,900
3
129,026,800
131,015,000
130,875,000
129,032,100
4.293.400
5,100,700
5.366.400
5,470,020
5.624.800
5,074,400
3.982.800
3.719.800
58,119,105
52,767,000 24,766,300
51,483,400
24,880,900
50,000,000
48.833,900
24.823,200
24.626,600
51 463.371
.
51,206,847
44,295,873
Philadelphia Banks.—The totals of the Philadelphia banks
follows: v
.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
Loans.
are as
1877.
Aug. 13.
Aug. 20.
Aug. *7.
Sept. 3 .
Sept. 10.
Sept. 17.
$
61,142,225
60,940.112
60,635,929
61,110,147
61,057,342
61,393,773
Sept. 24.
Oct. 1...
Oct. 8...
Oct. 15..
Oct. 22..
Oct. 29..
Nov. 5..
61,152,599
61,088,110
61,213,252
Nov; 12.
Nov. 19.
Nov. 26.
Dec. 3..
Dec. 10.
Dec. 17.
Dec. 24.
Dec. 31.
.1878.
Jan. 7..
Jan. 14.
Jan. 21.
Jan. 26.
59,943.506
61,013,149
60,812,307
60,731,184
60,221,t36
59,6»9.038
59,150.819
59,096,735
59,413,288
59,070,494
59,466,806
58,566.928
59,409,567
59.585,451
59.737,838
59,127,790
$
$
1,263,194
1,215,877
1,138,119
1,132,272
1,244,007
1,142,579
1,346,360
1,378,571
1,320,515
1,294,076
$
15 144,508
50,443,923 10,448,640
14,603,280
14,659,797
14,642,247
14,589,275
14,355,546
14,223,863
49,647,779
49,335,787
49,989,663
13,461,572
49,397,024
49,750,085
49,275,000
49,072,910
48,298,947
12,957,296
47.768.873
1,287,578 12,971,540
1,357,001 13,143,712
1,432,897 13,274,543
47,t 50,675
13,920,867
1.439,452 13,677,990
1.472,532 13,629,674
1,410,424 18,637,169
1,835,604 13,883,237
1,348,306 13,492,620
1,319,259 13,187,539
1,314,285 12,538,322
1,517,841 18,385,831
1,789,238 13,361,852
1,890,17? 13,230,655
2,014,689 12,941,827
2,076,102 12,930,413
48,047,266
47,635,097
47,901,443
48,267,785
47,813,9.7
47,852,227
47,633,389
46,746,387
46.402.873
46,162,612
10,453.248
10,489,830
10,403,113
10,536,776
10,524,262
10,552,608
10,579,169
10,576/00
10,605,836
10/91,169
10,628,601
10,623,795
10,657,276
10,676,728
10,713,565
10,702,400
10,771,718
10,779,196
10,848,315
10,886,705
47,247,944 10,921,256
47,197,084 10.910.639
47,014,740 10,975,584
46,418,848 10,990,448
$
40,020,300
30,266,461
30,087,802
28,7361,504
30,566,963
33,750,225
84,831,338
32,856,411
40,605,826
37,820,614
38,624,456
33,937,479
85,944,866
81,617,928
34,941,082
S3,674,910
28,274,523
37,540,759
82,691,358
35,182,847
28,454,192
37,329,846
36,360,675
39,389,558
29,473,861
THE CHRONICLE
112
BOSTON*
Banlis.—The following- statement shows the
York City
of New York City for the week
ending at the commencement of business on Jan. 26, 1878:
(Vol XXVI.
PHILADELPHIA, Etc.— Continued.
condition of the Associated Banks
Bid. Ask.
SECURITIES.
-AVERAGE AMOUNT OF
Circula¬
tion.
Net
Legal
Capital. Discounts. Spec’e. Tenders. Deposits.
Loans and
Banks
Sew
York
aohattan
8,000,000 6,360,300
8,083,500
2,050,0o0
3,000,000
2,000,000
1,200,000
3,000,000
1,000,000
Co...
.Merchants’
Mechanics’
Union
America
Phoenix
....
600,000
Pulton
Chemical
300,000
Merchants’ Exch. 1,000,000
Gallatin National
Butchers’* Drov.
1,5 0,000
500.000
Mechanics’ * Tr.
600,000
Greenwich
2 0.000
Leather Manuftrs.
600,000
Seventh Ward....
800,000
State of N. York.
800,000
American Exch'e. 5,000,000
Commerce
5,000,000 ‘ 13,422,500
Broadway
1,000,000
Mercantile
4,395,100
3,43:3,600
284,900
254,000
419.300
Chatham
450,000
3,066,600
64,600
297.400
423.200
23*,000
445.600
People’s
412,500
1,227,500
8.800
226.500
500,000
8,000,000
600,000
1,000,000
Market
1,000,000
St. Nicholas
1,000,000
Shoe and Leather, 1,000,000
Com Exchange.. 1,000,000
Citizens’
Nassau
1,250,000
Continental
Oriental
Marine
300,000
400.000
Importers’ *Trad. 1,500,000
Park
2,000,000
Mech. Bkg. Ass'n.
500,000
Grocers’:
300,000
North River
40 >,000
East River
350,000
Mannf’rs’ & Mer.
160,0(10
Fourth National.. 3,750,100
Central National.. 2,000,000
300,000
Second National..
Ninth National... 1,500,000
First National....
500,000
Third National... 1,000,000
N. Y. Nat. Exch..
800,000
250,000
Bowery National.
New York County
200,0*0
German American 1,000,000
45,000
252,000
2.200.200
666,803
450,660
1.687.600
3.286.400
1,096,100
893.200
5,400
1.490.600
351.600
490.100 3.745.400
425.500 1,931,000
1,907,0)0
13,889,000 1,397,000 1,173,000 10,153,000
1.851.700
71,900
403.300
1,702,300
28?,300
1.912.600
60,100
2.0o9,700
319.600 1,725,000
147.300
2,601,700
772.100
210.500
51.800
1,916,400
466.100 2.836.700
297,100
3,473,500
393,000 1.98M00
2,938.500 442.500
43.800
332.000 1.419.500
2,644,000
29,400
200,000
1.155.700
1.239,600
1,876.000
281.600
178,000
1,930,200
15,316,600 1,471,400 3,632,600 17,514.700
11,743.700 1.365.500 3,289,200 14,672,000
116200
541,400
23.800
685,500
120,800
557,200
4.300
660,900
181,000
683.300
16,000
875,600
602.900
169,000
7,200
733,500
61,300
81,600
519.900
501,800
998.400 1,789,300 10.959.400
13,401,200
274,000 1,466,000 5,807,000
6,807,000
597,000 2,218,000
2,097,000
469.500 3,076,700
200.400
4,251,200
884.800
8,341,300
7,900.800 1,159,000
730.200 5,923,800
876.500
5,993,000
215.500
748,500
1.049,800
64,500
233,000
819.900
2.300
1,075,400
1,210,100
819.800
1,064,400
358.500
433.200 2.185.600
2,184,900
84.300
456.400
122.300
1,756.500
4,841 700
447.700
71,400
2,247,000
179.700
3,900
307.500
497.500
354,30)
4.700
780,300
273,000
1,106,900
540,000
305,900
Ahg.ll.
Aug. 18.
Aug.25.
245.377.200
243.896.300
241.899.600
15,030,700
13.449.700
14,250,000
16,030,100
19,961,600
19,913,000
19.274.700
18,652,300
16.551.700
17,090,300
16.515.900
Sept. 1..
Sept.
Sept.
Sept
Sept.
243,776,703
213.920.800
8..
15. 243.795.600
22. 243.976.400
29. 241.847.800
Oct. 6... 238,470,900
Oct 13.. 238.229.600
Oct 20.. 238.183.800
Oct. 27. 236.287.400
Nov. 3
236.216.600
Nov. 10. 235,°66,800
Nov. 17. 286.306.300
Nov. 24. 235.829.800
Dec. 1.. 233.429.600
Dec. 8.. 238.578.200
Dec. 15. 237,5*4,000
Dec. 22. 239.764,203
Dec. 29. 239.173.600
1878.
Jan. 5.. 239,256,100
Jan. 12. 239.936.300
Jab. 19. 236.981.200
J*tn. 26. 238.404.300
.
17.322.400
15.935.900
13,764,500
19,45 i,800
19.767.800
18,324,000
18.995,000
19.566.800
19.674.800
22.122.400
1,054,800
1,482,000
270,000
715,800
450,000
783,000
268,400
225,000
180,000
340,062,240
344,75 ,974
420,915,000
400,793,928
397,270,385
379.235,69*
405,032,278
419,366.185
,428,818,637
435, 87,249
478,165,840
437,387,453
458.025,853
358,005,167
401,95:0.936
417,104,418
369,512,964
488,942,229
426,935,792
432,404,646
824,336,660
15.689.500
231.981.500
34,804,000 203,666,000
37,189,300 205.972.300
87,231,200 207.171.200
19,787,100 412,729,867
30,193,600
34,612,000
15,545.900
15.515.500
15,383.300
15,568,403
15.577.100
15.596.100
15,724,400
15,99 *,200
16,081,000.
16.238.300
16,726,000
17.156.800
17,720,200
17,844,900
18,10 *,500
18.110.300
18.208.300
18,676,700
19.293,90)
19.657.800
19,861.600
19.843.800
19,793, !00
Bid. Ask.
403,612.6:8
408,472.874
878,019,773
112
t
.
t
112*
•
4
•••
....
•
• •
•
Topeka 1st m.7s
Boston * Albany 7s
iS!*
6s
..
„
•
Bastern,Mass;.8><»«,iew.
Hartford A Erie 7s, new
Ogdensburg A Lake Ch. 8s...
A Newport 7»
.
•
•
• •
....
Rutland 8s,1st mort..
..
•
11*
..
Verm’t C. 1st m., cons. 7s, *86.
Vermont a Canada, new 8s..
Vermont A Maas. RR..6s
•
55
...
80
12
...
•
36
....
....
*
•
•
118**
2*
Cin. Sandusky A Clev
Eastern (New
10*
76*
99* 10<J
108* 109
55
55*
x
1
do
CANAL BONDS.
•
!!*.
j
i
sylvai
s
rlklU Nav. ist
m.
68, ’97.
2d
m.
6s. 1901
m.
6s, ’95. ..*
...
113
100
18
30
10
36*
....
^
21
t^t
41
57
38*
55
Norristown—
Northern Pacific, pref
North Pennsylvania
1902, J.AJ...
rfolk water, 8s
„
KAILBOAD STOCKS.
BAILROAD
Lehigh Navigation
'is* l'B*
Morns
do
pref
119* 126
do
do
58
•
•
6*
RAILROAD BONDS.
108* 108*
38
39
do
inc. 7s, end., ’
103
105
elvidere Dela. 1st m.,6s,c<
do
2dm. 6s.’8.. 102* 103
do
3d m. 6s, ’*7.. 95* 96
Camden & Amboy 6s,coup,’83 105
1103
do
6s, cour
109
do
mort. 6s, ’&
109*
Cam. A Atl. 1st m. 7s, g.f 1908 107
ioo
do
2dm., 7s. cur , vn 98
Connect!
*
103
68
Del. A Bound «r., ist, 78. ivw
East Penn. 1st mort. 7s, ’88 . 102
El.A W’msport, 1st m.t 7s, ’80 103
60
do
1st m., 5s,perp
con. m.,
6s,rg.,192
do
6s,< p.,19.
•
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do
do
109
115^
96
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.
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do
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Ggdensb. A L. Champlain
do
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pref.. 1U2
Old Colony
94* 94*
...
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8*
iio*
.
*
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18
111*
45
do
112
65
108
112
86
33
14*
’&*
SB*
14
14*
98
106
108
100
108
112
101*
V*
85
07
100
107
1st m., 1905 .
1st m. Us,:905
Ui* ID* »•
- •
(LAC.)
1st m. 7s,’88
fta
Ulntni
90
98
95
30
91
68
103
98
94
00
100
106
112
100
101
100
40
93
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92
90
80
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t 102*
+
t
Louisville 7s
do
6s, ’82 to *87
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do
do
do
do
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95
92*
105
6s, *97 to ’93
water 6s,’87 to ’89 +
water stock 6s,’97.t
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wharf 6s
noiJ
spec’ltaxCs of’89.+
90
106
Navy Yard6s,
M.AI.lstm. (1*M) 7b,’8lt
Perkiomen 1st m. 8s, coup.,’91
81
do
2dm., 7s...
104*
Phila. A Erie 1st m.6s, cp.i 8( 103
103
1st m., 7s, 1906....+
do
do
2d m. 7s,cp.t’98. 98* 99
Louisv.C.ALex. 1st m. 7s,’97.
Phila. A Read. 1st m.6s, W-'U. 102*
er pa»t-due c »upons
+ 101* 102*
do
do
Louls.A
Pr’k.,Louisv.ln,63,’8: 100 100*
nn
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do
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Br. 6s,’96
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Lon.In.
do
6s,’»3...t 98*
s
65
103
Consol. 1st m. 7s, ’98
l0i* 102*
Jefferson Mad. A ind
101* 103
Louisville A Nashville
48*
Louisville Water 6s, Co. 1907 + 9b
55
55
3 27
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7s, coup, off,
scrip, t882..... ....
Phila.* Read. C.A I. deb. 7< 2 40
do deb. 7s. coup. off.
do scrip, 1882
do m.7s, reg.Acp..’J
3,~
Phila. Wllm. A Balt. 6s, ’84
Pitts. Cln. A St. Louis 7s,! 0 82
l
Bhamokin V.A Pottsv. 7s, 1
Steubenv. A Ind. 1st, 6s, 1884. 91
97
Stony Creek 1st m. 7s, ifl
Sonbnry A Erie Ist m. 7t, ....
Union A Titus v. 1st m. 7s, ’90.r~
In default of Interest
1st m.
'
ST. LOUIS.
103
St.Lonls 6s,loi.g
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water 6s, golc
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27
•t 100
iio
104* 105*
107*
gen. m.6s,cp..l9i0 107
110
gen. m. 6s, ig.,1910 109
5*
-
85
53* 53*
112
.
18
25
m..guar.,’85,J<
92* *93
onneirsv.7s,’98,J<
Central 6s. ’85, JAJ !02* 103
68,1900. A.AO. 100 401*
91
92
6s, gla, 1900. J.AJ
103* 105
do
8. p.c. st’k, gaar
104* Little Miami stock
84
86
5
scrip...
Pa.A N.Y.C. A RR. 7s, *96- I9(k
Pennsylvania, 1st m:, cp..^.
108
109*
?
do
70
• ••
2106
109
VO)
W
2dm. 7s, cp., ’96. 113
AD If AAA.
100
30
106
1C*
105
6s, 1885, A.AO.
RR. 7'30s.*
6s, gold
6s. long...do
7s, lto5yrs..*
do
7 A 7*30s, long.t
A Cov. Bridge st’k, pref
Ham. A D. 1st m. 7s, '80
do
2dm. 7s,’85..
Ham. A Ind., 7s, guar....
A Indiana ist m. 7s... ...
do
2d m. 7s, *i7.
vjyinin. A Xenia, 1st m. 7s,
Dayton A Mich. 1st m. 7s, ’81.
do
2dm. 7s,’84.
do
3d m. 7s, ’83.
*
106* 110
-
do
do
*
120
—
do
7s
do
7*808
do
South.
do
do
Hamilton Co., O.,
0
104
Harrisburg 1st mort. 6s, '83..
H. A B. T. 1st m. 7s, gold, *90
do
2d m. 7s, gold, ’95
do
8d m. cons. 7s, *95*
IthacaA Athens 1st g d, 7s.,^ )
J unction 1st mort. 6s ’82. ...
do
2d mort. 6s, 19)0 ..
i.. Sup. A Miss., 1st m., 7s g.1
Lehigh Valley, 6s, coup., 1898.
do
6s, reg., 1893..
do
7s, reg., 1910-
*
88
CINCINNATI*
....
Dan. H. A
114
BONDS.
People’s Gas
iu6*
TjgX
104
106
7s, 1900
6s, 1909-1904....
new
115
117
3 H4
114
do
8s, 3'1. J. A J
Union RR. 1st, gna~., J. A J.
do
Can on endorsed.
MISCELLANEOUS.
Baltimore Gas certificates...
102
chat. m.f 10s, ’88
112
115
113
113
113
1st m., 890, J. A J..
do
107
do
2dm.,guar., J.A J..
5
2d m., pref
do
do 2d m.,gr. by W.Co.JAJ U4
do 6s. 3dm.. guar., J.A J. 107
Mar. A Cln. 7s, Vi, F. A A ... 84
32'
do
2d, M. A N
Susquehanna
• ••a
112* 112*
112* 113
.50
t>s. (Bim., gr.,
.
pref..
105
112
112
101*8 102
do
....
•
08
110
110
Parkersb’g Br. .50
Central
50
[arylani
50
Id
..
408* 110
Par.
ilo. ufi
120
60
35
50
•
MSS
Wash. Branch. 100
do
do
"7
ut
consol, pref....
57
• •
*86
50
60
30
do
126
West Jersey
*
.
do
6-, t890, quarterly.,
do
5s, quarterly. ...
Itimore 6s, »S84, quarterly.
do
68, :8S6, J.AJ
do
68,189,*, quarterly...
do
6s, park, 1890, Q —M.
do
6s, 1893, M. AS
do
6s,exempt,*9S,M.AS.
do
1900, J. A J...
9
125
Chesapeake A Delaware
Delaware Division
*61
100
66
try land 6s, defense, J.A J.. 108* 109
do
113*
6s, exempt, 1887 ... 112
16*
Phila.Wilmlng. & Baltimore.
Pittsburg Tltusv. & Buff
United N. J. Companies
....
59
90
15
-
45
49
50
100
14
m
Pennsylvania
;.
Philadelphia & Erie ...
Palladelphla A Read ng.
Philadelphia A Trenton
1
39*
43
43
47
93
13
Neaquehoulng Valley.
1
§*
4
89*
Ailnehlll
'88*
BALTIMORE.
‘30
do
pref..
Mt. Joy & Lancaster.
Huntingdon A Broad Top...
do
do pref.
Lehigh Valley...
Little Schuylkill
87*
cp off
scrip, 1832...
6s, imp *80
68, boat A car, 1913
7s, boat A car. 19 5
£
Susquehanna 6s, coup.. :9.8 .*
....
28*
7
85
32
95*
70
••»
•
do
,
do
Har. P.
do
do
couv., rg. ’82
conv.,g., rg.,’94
do
gold, V7....
do cons. m.7s, rg.J9U
i. boat loan, reg., (883.
107
•
100
do
pref
do
new pref
Delaware & Bound Brook....
East Pennsylvania
Elmira & Williamsport.......
do
RR., rg.,*9 102*
deb.,rg., 77
do
do
82
104
••«
•
105
no
Catawissa
Pennsylvania ..
Schuylkill Navigation
80*
2dm., 1902*...
do
do
81
•••
•
101
90
•
•
..
do
CO
...
8i
Nashua A Lowell
New York A New England...
Northern of New Hampshire 78*
126
Norwich A Worcester
Portland Saco A Portsmouth
ttaciand, common
do
preferred
Vermont A Canada
Vermont A Massachusetts...
Worcester A Nashua
'
over 112* 113* I
01
I
do
....
5
Fitchburg
Manchester A Lawrence
L04*
ns
105
*,*•
•
to’95 112* 113* C
Allegheny County 53, coup...
Allegheny City 7s, re*
Pittsburg 4s,coup., 1913.....
do
5s, reg. A cp., 1913.
73
Hampshire)...
v
108
1(5
..."
83* Conn. APassumpslc
Eastern (Mass.).
Boston A Lowell 7s
i08*
Boston A Maine 7s
ii'c^
Burl. A Mo., land grant 7s.... iio
do
Neb. 8s, 1891
no
do
Neb.8s,1883 .... 103*
...
Burlington A Mo. in Neb
Connecticut River
90
land grant 7s 83*
2d 7s
lan<? Inc. 12s. 10W
Old Colony
..
10
118
76
Concord
Portland 6s
do
Atchi on A Topeka
Boston A Albany...^..
Boston A Loweh
Boston A Maine.
Boston A Providence
do. 5s,gold
Chicago sewerage 7s
do
Municipal 7s
6a, In. Plane, reg.,1879 8$
•
STOCKS.
Maine lo.
New Hampshire 6e
Vermont 6s
Massachusetts 5s, gold
Boston 6s, currency
Atch. &
do
do
do
Bid. Ask.
SBCUKrTIBS.
BOSTON.
in
104
10-15, rtjg., 1'77- 82.
15-25, reg., 1832-’92.
do 6s, n., rg., prior
do 6s,n.,rg.,J895A
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
8XOUBITIK8.
11b
80
1st m. 6s, cp., ’96. 102
99
1st m. 7s, *97
85
nn. KR. 6s, :893...
6s P.B.,’96. 80
^
-
..
...
82*
53,094.800 215,431,603
52,696,006 213.414.600
50,789,000 213,026,300
48,130,600 209.450.700
45.303.900 210.574.100
44,045,900 208.582.400
42.454.400 206.724.100
41,975/00 200.771.200
41,402,000 197.853.400
40,3 6,800 197.171.600
35,949,300 195,561,503
39,235,100 191.848.700
39.531.900 192.364.900
33.503.400 113.557.300
39.332.900 196.501.500
39,949/00 195.234.900
40,579,800 196.961.500
S8,478,700 196,9 2.300
37.562.900 195.896.400
36,067,530 194.842.500
35,300,50) 197,711,800
25.207.500
27,091,200
28.477.500
cur., reg
new, reg., 189-M902
Philadelphia, 5s reg. .,
do
6fe.old.reg..
*
$
$
$
g’d, mt.,reg. or cp.
5s,
5s,
6s,
6s,
....
114* 115
CANAL STOCKS.
67,435,200 238,404,300 30,193,600 37,231,200 207,171,200 19,798,100
The deviations from returns of previous week are as follows:
Loans
Inc. $1,423,100 | Net Deposits
J...Inc.. $1,198,900
Specie
Inc. 1,716,100 Circulation
Dec.
43,700
Legal Tenders
Inc.
41 900 |
The following are the totals for a series of weeks pa-«t:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
BONDS.
5s,
West Chester
92,900
Total
1877.
Penna.
do
do
do
do
do
6a, goidreg......
7s, w’t’rln.rg. Acn
do 7s, str.tmp., reg.,’83-36*
198,000
1,048,000
2.700 N. Jersey 6s, reg. and coup...
701.100
do
exempt, rg. A coup.
233.500 Camden County 6s, coup
2.206.700
843.300
36,500 Camden City 6s, coupon
45 000
do
7s, reg. A coup.
1,542,000
237,000* Delaware 6s, coupon.........
9,446,. 00
5.770.400 2,066.9*0 Harrisburg City 6s, coupon ...
RAILROAD STOCKS.
893.700
3.275.700
133.200 Camden A Atlantic
3,022,600
do
do
pref
1.500,000
Irving
Metropolitan
625.200
1,090,000
Republic
North America... 1,000,000
Hanover
1,000,000
>80 600
2.544.700
1.921.200
Pacific
8,312.900
1,100
261,200
1.361.900
10.244,800
1,< 00.000
422,700
2,075,200
135,003
2,054,700
1,079,800
903,000
171,300
3.947.600
845,000
1.422.300
245.600
2*4,200
547.200
246.900
1,526,8)0
9,883.900 1,368,600 2,191,500
431.100
308,300
8,227,700
487.900
279.500
3,237,700
192,000
106,000
1,393,000
249,000
23,C00
1,526,000
198.600
789,100
334.100
578,800
2,321,800
164/00
83,000
922,700
413 500
393.200
1,874,500
11,459,000 2,338,000 1,350,000
995,503
123,400
C
\
\
PHILADELPHIA.
STATE AND CITY
39,000
7,500
7,998,830
5.389.500
7.165.700
5,(27,400
3.872.200
6.566.900
2,5*7,000
784.500
2.580.300
872,700 1,1(0,300
1.874.500 l,302.l>00
686,800
618,000
549.300
1,014,200
1,739,200 1,3 i 7,700
622,000
613,000
5,117,000
3,310,400
1,000,000
1,000,000
City.
Tradesmen’s
7,l81,9C0
3,503,800
4,265,100
7,611.800
2,25\000
$
$
$
$
$
Bid. Ask.
SECURITIES
•
•
• •
* 9 • •
(
S3
07
96
...
p.o
ao
3t. Louis
do
renewal,
sewer, g.
_
;i
m
SSf
IS] 105*
63, *9 ^S.f
-2-3.1
Co. new park,g.6s.1
.7s
cur.7s
.......t
..
St.L.ASanF.RR.bds, ser’sA 50
do
do
do B 82* 28
.
"56*
do
do
t And Interest.
do C 22*
XT. 8. active Bands
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
quoted on a previous page. Prices represent the per cent value, whatever
and Railroad Stocks are
Chicago * Alton 1st
State Bonds. AiaoAina 5a, 1883
do
5fl| 1886. •••«. .•
do
8s, 1886
do
8a, 1888. ...••••
Ch. R.
20
20
25
4
4
4
8s of 1892
8a of 1898
Arkansas 6a, funded.....
4o X L. R. & Ft. S. 1B8
do
Jo
* L.R.
T3 Memphis
do
7s,L.R.P. B.&N.O
7s, Miss. O.ifr R. B.
do
do
7s, Ark. Cent.
do
Connecticut 6s
109
105
102
Georgia 6s
do
7s,new bonds.... 100
do
7s, endorsed. ... 105*
7s,gold bonds...
Illinois 6s, coupon, 1879...
do
War loan..
Kentucky**.....
Louisiana 6s
do
68, new.
6s, floating debt
7s, Penitentiary
6s, levee
..
8s, do
..
8s, do 1875 ....
8s, of 1910
7s, consolidated
Is, small
do
do
do
do
do
do
do
do
do
105
101
101
101
50
50
50
50
50
50
50
do
do
do
do
Asylum or Un.,due 1892.
Funding, due 1894-5...
Han. & St. Jos., due 1886.
do
do 1887.
New York State—
88*
<s, Canal Loan, 18<8.. ..
6s, gold, reg—1887
6s, do coup.. !8S7
do loan...1883
do
do
1891
do
1892
68, do
do
.1898....,
do
5 orth Carolina—
68, old. J. A J
2
do
do coup,
do
do
..
J. & J....
..A.& O....
off, J. & J..
off, A. & O.
Funding act, 1866
rao
.
1868
1
Special tax, Class 1.
Class t
Class 3
Ohio 6s, 1881
do 6a,i886
Rhode island 6s
South Carolina 6s
Jan. A July
April A Oct
Funding act, 1866
Land C., 1389, J.A 3
Land C., 1889, A. A O....
78 Of 1888.....
Non-fundable bonds ...
Tennessee 6s, old.
do
6s, new
do
6s, new series..
•
Bens. * Saratoga,
10%
11*
10
0
9
2
2
11*
10
10
104
109
105
41
30
30
35
41
41
35
37
do
'
pref
Col. Cln. A I.
Cleve. A Pittsburg, guar..
Col. Chic. A I Cent
Dubuque A Sioux City. .
Cleve.
Brie pref
Harlem
*39
87
37
30
30
75
77
100%
33%
71
34%
72
Long Island....
Louisville * Nashville....
Missouri Kansas A Texas.
New JerseySouthern
J%....
100
New York Elevated RB.. 00
N. Y. New Haven A Hart 155%
12
Ohio* Mississippi,pref
13%
90
Pitts. It. W. * Ch., guar.
do
do
special.
Rensselaer * Saratoga
Rome Watertown & Og.
8t. Louis Alton &T.H...
3%
do
■14
pref. 12
Belleville* So. Ill.,pref. 4
Bt. L. I. M * Southern....
5
‘*0
8t.L. K. C. * North’n,pref
Terre Haute * Ind'polis .
United R.J.R. AC.
118%
Warren...,.
do
« t
..
miacel’oua Stocks.
District Telegraph...
19% 20%
Canton Co.. Baltimore....
Cent.N. J. Land * Im. Co.
American Coal
Consolidate Coal of Md..
Cumberland Coal * Iron.
Maryland Coal
Pennsylvania Coal
Bering Mountain Coal..
MariposaL. & M. Co..
do.
do
pref.
Ontario Silver Mining....
Railroad Bonds.
...
..
..
^
(Stock JSzcfiun.
e
_
,
..
Bur. C.K& North., ist5a..
Chssa * Ohio *s, 1st m.
do
ex couo
107
117%
107%
'94%
*97
-97
109%
1st coup..
!I12
do ' do
endorsed..
do
2d mort., 7s, 1879
do
3d
do
7s, 1883
do
4th do
78,1830....
do
5th do
7s, 1888
do
7s, cons., mort., g’d bds .
do Long Dock bonds
Buff. N. Y. * E, 1st.m., 1918..
Han. * St. Jo., 8s, conv. mort.
do
Cedar F. *
104
+ 103
do
2d dlv.
Minn., 1st mort..
do
lstm.8s. 882, s.f.
■
do
equipment bonds.
New Jersey Southern lstm. 7s
do
consol. 7s
do
N. Y. Central 6s, 1888
do
6s, 1887
do
68, real estate.,
do
6s, subscription
do * Hudson, 1st m., coup
do
do
lstm., reg..
Hudson B. 7s, 2d m., s.f., 1885
Harlem, 1st mort. 7s, coup...
do
do
7s, reg....
North Missouri, 1st mort
Ohio * Miss., consol, sink. fd.
do
consolidated
do
2d do
do
1st Spring, dlv..
Pacific Railroads—
Central Pacific gold bonds..
do San Joaquin branch
do Cal. * Oregon 1st
do State Aid bonds
do Land Grant bonds..
Western Pacific bonds.
Union Pacific, 1st mort. b’ds
do
Land grants, 7a.
do
Sinking fond...
-
*
Pacific R. of Mo., 1st mort...
do
2d mort
do
income, 7s.
.
do
IstCaron’tB
Penn. RR—
Pitts. Ft. W. & Chic., lstm..
do
do
2d m..
do
3d m..
do
Cleve. & Pitts., consol., s.f..
...
*
1
153
I
30%
}$h
03
St. L. * Iron Mou .tain, 1st mi
do
do
2d in..
3t. L. Alton A T. H.—
Alton A T. 11., 1st mort
do
2d mort., pref..
do
2d mort. Inc’me
Belleville * S. Ill.R. 1st m. ss
Tol. Peoria * Warsaw, E. D...
do
do
W. D..
do
do Bur. Dlv.
do
mo 2d mort..
Jo
d;> consol. 7a
Tol. * Wabash, 1st m. :xieuu
+
110
108%
100
94
•
•
•
•
•
•
•
•
X
‘03%
•
-
109%
97
90
••
110
110
97%
96%
-. .
105?
111‘
US
;o5%
19
1043$ 104%
°UK 87 i
100%
.....
40
1(H%
102%
20
10
'll
70
Indlanapoli A St. Louis 1st 7s
indianap. * Vlncen. 1st 7s, gr..
International <.Texas) Istg...
70
22
3
45
75
receiv’s ctfs.(labor)
do
(other)
27
24
30
30
82
40
50
90
90
35
80
80
80
34
40
37
30
.
7s, new
Wilm’ton, N.C., 6s, gold
do
8s,gold)
| coup
on.
•
•
07
95
•
90
95
102
100
38
38
65
75
RAILROADS.
Ala. * Chatt. lstm. 8s, end....
do Rec’ver’s Cert’s (rarJSos)
Atlantic * Gulf, consol
do
end. Savan’h.
Z
45
45
80
(9
7
20
79
JZi
05
82
40
40
101
50
71
• • •
Greenville * Col. 7s, 1st mort.
'65
do
<s. guar...
Macon * Augusta boads..
do
2d endorsed,
do
stock....
85
97
84
50
90
00
85
05
70
75
..
Memphis * Charleston 1st 7s..
93%
Memphis * Little Rock 1st m.
i
Mississippi Central 1st m 7s...
do
2d m. 8s ..
iMont. * Eufaula 1st 8s, g., end
Mobile * Ohio sterling %
*
do
cert. 6s
do
do
88, Interest
do
2d mort. 8s
N. Orleans *
90
1
34
2d
7s...
stock..
do
do
|5
25
88
U*
2d 7s, 1395..
97
68
33
82
35
20
20
stock
do
goar...
35
55
Carolina Central 1st m. 6s, g...
1.0
25
Central Georgia consol, m. 7s.
42
24
:
do
stock
49
Charlotte Col. * A 1st M. 7s.. 07
12
do
do
stock
100
Cheraw * Darlington 3s
80
East Tenn. * Georgia 6s
20
East Tenn. * Vs. 6s end. Tenn 85
100% E. Tenn. Va. * Ga. 1st m. 7s... 97
40
85
do
do
stock
ICO
78
Georgia RR. 7s
60
103
do
stock
.
3t*
a
do
do
07%
20
lnt. H. * G. N. conv. 8s
Iowa Falls* Sioux C. 1st 7s... +80
Jackson Lans. * Sag. Ss,lst m t91%
90
89
08
88
...
do
!00%
90
100
95
....
Norfolk 6s
109% iiq% Petersburg 6s
22
do
8s
20
100% 101% Richmond 6s
Savsnnah 7s, old.
50
t.
42
87
95
88
80
65
80
50
00
—
consol. 6s..
railroad, 6s..
wharf imp’ts, 7-30
in
•+
-
42
8*
88
do
do
do
iff*
Cln. Lafayette * Chic.. 1st m .
Col. * Hock V. 1st 7s, 39 years, 101
do
1st 7s, 10 years, 100
do
2d 78,20 years.. 90
51
Connecticut Valley 7s
10
Connecticut Western 1st7s...
Dan. Urb. Bl. * P. 1st m. 7s, g. 20
Denver Pac., 1st m.7s, ld.gr..g. 45
Denver * Rio Grande 7s, gold. *47
Des Moines * Ft. Dodge 1st 7s. 10
70
Detroit * Bay City 8s, end...
10
Dutchess * Columbia 7s
97
Erie * Pittsburgh 1st 7s.
do
.. con.
m., 7s.. 80
do
7s, equip...
Evansville * Crawf ordsv./Is.. 100
Evansville Hen. ft Nashv. 7s... 40
Evansville, T. H. * Chic. 7s. g. •50
Flint * Pare M. 8s,Land grant. *80
Fort W., Jackson * Sag. 8s, *89 10
Grand R.* Ind. 1st 7s, l.g., gu. 92
do
ist is, l.g., not gu. 82
do
1st ex 1. g. 7s. 40
t And ar.cnipJ iut*
*
Prlca nominal
Class C
...
...
88
72
Charleston stock 6s
!*
89
87
41
69
41
Charleston. S. C.. 7s, F. L. bds.
Columbia, S. C., 6a
Columbus, Ga., 7s, bonds
Lvnchburg 6s.Macon bonds, 7s
Memphis bonds C
do
bonds A * B
do
end., M. * C. RR
Mobile5s (coups, on)..
do
8s (coups, on)
do
6s, funded
Montgomery 8s.
Nashville 6s, old
do
6s, new
New Orleans prem. 5s
110
no
Chic. Dub. * Minn. 8s...
Peoria * Hannibal R. ..
Chicago * Iowa R. Ss8s.
American Central 8s....
do
do
do
59
50
50
83
do
waterworks
Augusta, Ga., 7s, bonds........
Sal. Allegan. * G. R. 8s, gr... 92%
+00
| Kalamazoo * South H. 8s, gr..
100
Kansas City * CameroD 10s... +98
r0
48
Kansas Pac. 7
60
00
do
15
12
do
104%
73
72
do 68, gold, J.*D., 1896
104%
88
do 6s, do F.* A., 1895. 90
90 7
32
28
do 7s, Leaven, hr., ’96..
100
11
do Incomes, No. n
87
10
do
No. 16
do
7
7%
do
Stock
55
Keokuk A Des Moines 1st 7s... 40
00
45
do
funded lnt. 8s
118
20
Lake Sup. A Miss. 1st 7s, gold. 15
25
Leav.
Law.
Gal.
1st m., 10a., 23
*
104
95
90
Long Island RR., 1st mort. ..
sv. * Nashv. cons. m. 7s.
104%
£0
do
2dm.. 7s. g..
33
82
Michigan Air Line 8s, 1890....*
45
Montclair A G. L.Ist
7
4
do 2dm. «s
103%
42
44%
Mo. K.& Tex. 1st 78, g., l904-’06
12
10
2d ra. Income
.
24
20%
N. J. Midland 1st 7s, gold ..
Ill
5
2
do
2d 78
..
x84%
90
tf. Y. Elevated RR.,lst in..... 80
7
6
N. Y. & Osw. Mid. 1st
m
*««%
57
55
45
30
consols, Class A
Class B
do
do
'
Grand River Valley 9i», 1st m*. +85
120% Houston &.Gt. North. 1st 7s, g. 83
Hous. & Texas C. 1st 7s. gold..
120
da
consol, bds.. 60
103
93
S*
100
70
91
40%
do
CITIES.
Atlanta, Ga., 7s
Chicago Clinton A Dab.
Chic. * Can. South ’.st m. g. 7s.
Ch. D. * V., I. dlv., lstm. g.7s.
Chic. Danv. * Vlncen’s 7s, gld
Chic * Mich. L. Sh. 1st 8s. f89.
Chic. * S’thwestern 7s, guar..
103%
30
10s, pension, 1894.. J.*J.
...
8ulncy
8s ...
Unofs Grand
* Warsaw
Trunk....
It5%
109
109
+
1908+
Dixon Peoria* Han. 8s.
O. O. A Fox R. Valley 8s
110%
109
68
55
30
101
65
South Carolina new consol. 6s.
102
LOO
Texas 6s, 1892
M.*S. 110
112
do 7s, gold, 1892-1910. J.&J.
113
do 7s,gold. 1904 ..J.*J...+ 111%
103% 104
do
112%
Atchison * Nebraska. 8 p. c...
Atchison * P. Peak, 6s. gold.. 30
Boston * N. Y. Air Line, 1st m 101
Bur. C. R. * N., 1st 5sfnew,1906 02
Bur. A Mo. Riv., land m. 7s...t 109 \
do
Sd S., do 8s...+ 109
do
4th S., do 8s...+ 109
do
5th S., do 38...+ 1109
do
6th S., do 8s...+ 109
Cairo * Fulton, 1st 7s, gold... 07
California Pac. RR., "s, gold .. fc 8
do
6s, 2d m. g. 75
Canada Southern, 1st m. coup. 63
03
do
do reg
01
Deb. certs
100
Central Pacific, 7s, gold, conv.
Central of Iowa lstm. 7s,gold. 30
0
old 7s
Chesapeake * 0.2d m., gold
Keokuk A St. Paul 8s..
^ A 101
85
&
90
30
30
70
97
90
Georgia 6s, ISTS-’SS
RAILROADS.
City,1st m.
78
91
40
05
50
20
20
72
25
*90
•00
88
STATES.
new
do
do
Oswego 7s
Rochester C. Water bds.,
Toledo 8s. 1877-’89
Toledo *-30s.
Yonkers Water, due 1933
13
77
Southern Minn. 1st mort. 8s...
do
7s. 1st
So. Pac. of Cal., 1st “A” 6a, g..
Tol. Can. So. * Det. 1st 7s, g.
Union * Logansport 7s
Union Pacific, So. branch, 6s,g
West Wisconsin 7s, gold.......
Wisconsin Celt., 1st, 7a
Alabama
Newark City 7s long
do
Water 7s, long...1
104% Carthage * Bur. 8s
109%
107%
Sandusky Mans, ft Newark 7s.
Sioux City * Pacific 6s
South Side, L. I., 1st m. bonds.
do
sink. fund...
15
Southern Securities.
(Brokers' Quotations.)
+
+
+
...
112%
uo
4 th mort
Col. Chic. * Ind. C., 1st mort
do
do
2d mort
Rome Watert’n * Og.,con. 1st
Bricey.i
Boston H, * Erie, 1st m..
da
guar.
bonds...
extended
Illinois Central—
Dubuque * Sioux
* I. Mt. (Ark. Br.) 7s, g.
8t. L. * San F., 2d m., class A.
class B.
do
do
do
class C.
do
South Pacific Railroad,lst m
;St. L. * So’eastern 1st Is^gold.
St. Louis Vandalia * T. H. 1st.
do
2d, guar
+
Poughkeepsie Water
do
do
Lake Shore—
Mich S. & N.Ind.. S.F., 7 p.c.
Cleve. & Tol. sinking fund.
39%
do
new bonds ....
38
Cleve. P’vllle & Ash., old bds
37
do
do
new bds
Buffalo * Erie, new bonds..
Buffalo ft State Line 7s
Kalamazoo ft W. Pigeon, 1st
Det. Mon. & ToL.lst 7s, 1906
Lake ShoroDIv. bonds —
do
Cons. coup.. 1st.
do
Cons, reg., 1st.
do
Cons, coup.,2d.,
do
Cons, reg., 2d....
Marietta A Cln. 1st mort.... ..
Mich. Cent., consol. 76,1902....
Indianap. Cln. A Laf
Joliet* Chicago
am.
80
90
103
3
141
Atlantic * Pac. Tel
Erie, 1st mort.,
1st. L.
+
Indianapolis 7-30s
Long Island City
Indianap. Bl. A W., 1st mort...
do
do
2d mort.
Railroad Stocks.
(Active previ'usly quot'd.)
Albany A Susquehanna...
Burl. C. Rap. & Northern.
Central Pacific
Chicago A Alton
7.1894
lstrezisiM.
dtf
small.,
registered x77$4
do
do
107%
1at conn. aru»"
Virginia 6s, old
6s, new bonds, 1666
6a,
do
1867
6s,consol, bonds..i. ... *07
6s, ex matured coup. ..
$5%
40
6s, consol., 2d series
6s, deferred bonds
District of Columbia 3.65s. x77%
’
reg.
-d
8d
do
do
51
Few bonds, J. & J
do
A. & O
do
do
Canal, lstm.,*84
do
1891
do coup. 7s, 1894
Albany A Susq. 1st
17
17
70
70
51
A.& O
100
94
83
90
90
1st con. guar.
do
.Rome W’town * 0g.istm.con.
107%
10^-
50
25
10
*30
Peoria * Rock L 7s, gold
Port Huron * L. M. 7s, g. end.
Pullman Palace Car Co. stock.
I
do
bds.. 8b, 4th series
Hartford 6s, various...
x
construction,
7s, of 1871 ...
+
17
V* *8“
South. Cent, of N. Y. 7s, guar.
do
7s, sewerage—.. ...+
do
7s, water
+
do
7s, river improvem’t
Cleveland 7s, long
+
Detroit Water Works 7s
t
1880-95
93% ElizabethdoCity, 1885-93
i05%
2d mort
bondB, 1900....
do
do
do
.
N.C.RR
x
Del. & Hudson
.
do
109%
Bid. Alt.
11%
;Peoria Pekin * J. 1st mort....
Miscellaneous List.
(Brokers' Quotations.)
Albany, N. Y.t 6s, long
93% Buffalo Water, long.
Chicago 6s, long dates
Morris * Essex, 1st. m
"
*80
2d mort
do
do
the par may bs.
(North. Pac. 1st m. gld. 7 &40*..
i Omaha * Southwestern RR. 8s
Oswego* Rome7s,guar ....
104
2d mort. 75
do
109
C. C. C. * Ind’s 1st m. 7s, S. F..
do
consol, m. boad6
100%
i07
Del*. Lack. & Western, 2d m...
do
7s, conv. 117
do
do
do
do
do
do
91
CITIES.
do
1st mort...
do
do
do
cp.gld.bds.
do
do
reg. do
do
Iowa Midland, 1st mort. 8s...
xl05
Galena A Chicago Extended.
i05
10
91
consol, sink, fd
2dm
Peninsula 1st mort..conv...
Chic. * Milwaukee, 1st mort
Winona * St. Peters. 1st m...
xioi
72%
Ex * Nov.,*77, coup,
do
equip’t bonds,
50
do
con. convert...
do Ex. Not.,’78,* prev’s
Great Western, 1st in., 1888.. 120
do
ex coupon .. x69
do
2d mort., ’93. 79
70
do Ex * Nov.,*17,coup. 08
85
82
Quincy * Toledo, 1st m., ’90.. 77
80
do ex mat. * Nov.,’n,eou.
Illinois * So. Iowa, 1st mort 100
85
do
ex coupon. ...
88
Han. * Cent. Missouri, lstm *82
Pekin Linc’ln * Dec’t’r.lst m
Western Union Tel., 1900, coup 107%
107%
do
reg.... 107
do
*
105
90
La C. D.
lstm.,I.& M.D.
1st m.,I. * D..
1st m., H. * D.
lstm., C. * M..
N. Western sink. fund.
lnt. bonds
do
consol, bds
do
ext’n bds..
do
da
do
25
83
81%
100
105
113
loo
1882 or ’83 102
1886 104
18<7
1888
1889 or ’9i 105
lo
..
aaouxrnxa.
Bid. Ask.
sacnjBmxs.
Tol.* Wabash,ex coupon..,
do
tstm.St.L. dlv.
do
ex-matured coup.
104%
1st m.,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Chic. *
Michigan 6s, 1878-79
do
6s, 1883....
7b, 1890
do
Missouri 6s, due 1878
do
do
do
do
do
id3%
Chic., Rk. Isl. & Pac do
S. F. Inc. 6s, ’95
do
8s, 1917, coupon, 100% 107
6s. 1917, reglst’d
do
112
Central of N. J., 1st m., new...
00
do
do
1st consol
04
do
do
con. conv....
37%
Lehigh A Wilkes B.con.guar
45
Am. Dock * Improve, bonds
Ch. Mil. * St. P. 1st m. 8s, P.D.
ioivjj
2d m. 7 3-lb. do
do
do
98%
1st 7s, gd , K.D
do
do
1st
7s
£
do
do
do
4
4
RB...
Ask.
107
Joliet * Chicago, iBt m....
La. * Mo., 1st m., guar....
105%
St.L.Jack.* Chlc.,lst m....
Chic. Bur. & Q. 8 p. c., 1st m.
do
do consol, m. 7s
90%
do
5s sink’g f*d. A.&O
8s,M.*E.RB;.
8s, Ala. St
mort.. „
income.
do
40
40
40
40
■"
Bid.
asotnunss.
Bid.
siouims.
do
do
113
THE G&J&ONIGLEL
1878.J
February 2,
ex
!Nashville Chat.* St.L. 7s....
Nashville* Decatur, 1st7s....
Norfolk * Petersburg 1st m.8s
do 7s
2d m. 8s
S.
C.,
1st
Northeastern,
m. 8s..
do
2d m. 8s..
Orange A Alexandria, lets. 6s.
do
do
2ds,6s..
do
do
do
'93
•
'
90
73
0
West Alabama
do
2d ra. 8s, guar..
lstm. 8s
PAST DUE COUrOIfS.
State coupons....
South Carolina consol
Tennessee
Virginia coupons
28
do
consol. couf»
Meranhls City Coupons
•
V V
.'O'*!
89
•••
95
8N
8
30
33
90
99
80
28
90
89
45
45
32
10
1C0
100
90
95
40
40
28
88
8“
88
80
* •
• •••
95
90
104
85
00
92
74%
75%
7s, 1902
78, non mort..
Charleston*Savan’h6s,end
05
90
••«
do mort. 7s 100
do
Rich. * Danv. 1st consol. 6s...
Southwest RR., Ga ,conT.7s,'88 96
80
S. Carolina RR. 1st m. 7s
stock.... .. .
savannah * Char. 1st M. 7s...
90
99
48
104
•
3ds,8s...t 42
4ths,8s.. 10
Richm’d * Petersb’g 1st ra. 7s. 1P4
Rich. Fre’ksh’g * Poto. 6s..... 95
do
do
do
90
37
Jacks. 1st m.8s.
Certificate, 2d mortg. 8s...;,
101
40
23
104
100
85
87
25
*25
25
20
67
97
102
102
20
SO
40
30
07
i4%
eai
•/ \.TT&%k
THE CHRONICLE
114
[Vot. XXVI.
LOCAL SECURITIES.
NEW YORK
Insurance Stock List.
Bank Stock Lilt.
(Quotations by tt. S. Bailey, broker. 85 Wall street.)
*
Capital.
Companies.
Marked thus (•)
not National.
are
%m
cu
100
American Exch.. 100
100
Bowery
Brewers’ & Gro’s’* 100
25
Broadway
10
Ball’s Head*
Butchers ADrov.. 25
too
Central
Chase.
25
Chatham
100
Chemical
25
City • • •••• ••»•»♦.••• 100
100
Commerce
100
iOO
Continental
Corn Exchange*.. 100
25
Bast River
Eleventh Ward*.. 25
100
Fifth
100
Fifth Avenue*
100
First
100
Fourth
30
Fulton..
50
Gallatin
Ger. American*.. 100
Ger. Exchange*... 100
100
Germania*
25
Greenwich*
Grand Central*.... 25
40
Grocers*
Hanover
too
100
Harlem*
Import. A Traders’ too
50
{rving
50
Island City*
Leather Mannf.... 100
Manhattan*
50
Mannf. A Merck*.. 60
Marine
10)
Market.
10C
Mechanics
25
Meek. BkgAsso... 50
Mechanics A Trad. 25
Mercantile
100
Merchants
50
Merchants’ Ex
50
Metropolis*
100
100
Metropolitan
100
Murray Hill*
Nassau*
100
New York
too
New York County 100
N. Y. Nat. Exch... 100
Ninth
100
North America*... too
North Rlvei*
5U
Oriental*
25
Pacific*
50
Park
100
25
Peoples*
Phenix
20
.
....
Jan 2, 73..3
6J
.
-
.
10
8
Jan.
8jXXv
i oo nnrf
750,000
1
600.000
500,001
1
000,001
’200,001
200,001
200,000
100,000
300.000
000,001'
1
100,000
1
500,001
’500.001
100, InO
600,000
190.001
400,000*
1.000,000
2000,000
500,000*
600,000
1,000,000
8,000, OCO
1.000,000.
500,000
3.000,000
200,000
1.000,000
3.000,000
200,000
300,000
1,500,000
1,000,000
400,000
300,000
422.700
2,000,000
412,500
1,000,000
250.000
1,500,000
1,000,000
100
300,000
too
300,000
Shoe and Leather. too 1,000,000
Sixth
100
200,000
State of N.Y
100
800,000
Third
IOO 1,000,000
<.
Tradesmen’s
40 1,000,(XX
Onion
50 1,200,000
West Side*
x 100
200,000
.
Q—J.
ii2
J. A J.
M.AN.
A. A O.
F. A A.
8
10
8
May.
City
...
Clinton
U9*
...
Columbia
J. A J.
452/00 J. A J.
12
10
7
10
9
10
6
10
8
8
8
301,200
939.,- 00
80,900
142 800 M.AN.
183,600 M.AN.
848,700 J. A J.
251,700 J. A J.
37.600 J. A J.
965,20) J. A J.
5.010 A.A O.
47,100 M.AN.,
737.600 J. A J.
90.70i> J. A J.
75.100
17300 J. A j.
60,500 J. A J.
19.600 J A J.
172,500 J. A J.
215,500 Q-F.
517,800 J. A J.
154,400 J. A J.
18l,«00 J. A J.
*
*
...
•
•• .
....
....
....
220*
....
Farragut
...
....
....
....
...
....
Jan.2, 73...7
Jan.2, 78...4
Jan.2. 78...3
14
10
i2
Jan. 2. 78...6
Feb. 9,
9
7*
7*
4
8
7
• • • •
...
•
....
...
...
•••
•
143
May 1,77.2*
Nov. 1,77 3*
•
July 2,77...3
3* Jan. 3,76.3*
Jan. 7,78...5
Oct. 1,75. .4
6* Nov.10,77.. .3
10
Jan.2, 78.3*
4
Jan. 2/78...4
10
3* Aug. 1,77..4
6
Jan.2, 77.. 3
7
July 5,77 ..3
July 1,74.3*
Jan. 2.73...5
Nov 1. 77...8
12
12
10
10
7
....
....
110
....
Nov. 1,77..S
Jan. 2.78 3>
....
•••
July 1/75..3*
Jan. 3, 76...5
.
12
12
12
10
78..4
75
....
....
32
Jan. 1,78.3* 1* 0
Jan. 2,78...4 13 J
5
8
10
3
9
S
8
8
10
8
8
10
114
77...3
Jan. 2, 78.3*
Mch. 1, ’75. .4
....
Jnly.lS’74.3*
Feb.4.78 ..3
F. A A.
F.A A.
J. A J.
J. A J.
J. A J.
J. A J.
M.&.N.
8
6
14
12
S
8
6
12
11
S
J. A J.
549,900 J. A J.
675,700 M.AN.
86,300 J. A J.
8
10
10
8
I-
4
Aug.13,712*
NovlO/77 3*
Jan. 2/T6.. 3
Jan. 2.73...4
Nov 1,77 ..4
10
9
8
78..4
Jan. 2,
100
15
Hanover
Hoffman
Home
50
50
100
25
50
50
100
30
20
40
50
100
25
50
25
too
100
25
50
50
50'
50
50
Hope
Howard
....
Irving....
..
115
SO
....
...
•
•
•
Lenox
....
•
Long Island(Bkly.)
130
Lorlllard
....
....
...
.
•
•
•
•
.
.
•
Manuf A Builders’.
Manhattan
..
....
110
....
Mech.ATrad’r*’....
Mecbanlcs’(Bklyn)
...
Mercantile..
Merchants’.
Montauk (B’klyn).
70
....
5?
Nassau
....
102*
New York Fire ...
N. Y. & Boston ...
New York City....
Niagara
North River
Pacific.......•«*•««.
Park
Peter Cooper.
...
98
10
68
.
.ft
107
■»
People’s
i
Phenix (B’klyn) ..
Produce Exchange
110
f_i
Relief
ISO
159
....
*1 * *
200,000
200,000
200,000
25
20
1000
50
20
50
100
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
do
eertlfi cates
Harlem
Jersey City A Hoboken
'.
Manhattan
Metropolitan
do
do
certificates
bonds
Yar.
Var.
2,000,000
1.200,000
Rate.
820.000 A.«fcO.
var
1000
100
1000
Dec.24 77
Jan. i5.7s
155
SO
3* Oct. 1,77.
93
3* Aug.1/77.
5
Jan., 7S
5
Novi, 77
95
180
205
131
100
100
85
5
June, 77.
1.000,000 M. A S.
500,000 J. A J.
3* June, 77.
3*
Quar. 2* Jan.15,78.
F.A A. 3*g AUg., ’c2.
Yar.
3
Jan. 15/78
M.AN. 3* Nov 1,77.
5,000/ 00
1 000,000
do
bonds
100
25
15
1,000.000
Nassau, Brooklyn
var
do
95
71X1,000
scrip
1*>0 4,000,000 M.AN. 5
New York
NOV 1,77. 1-20
10 1,000,000 J. A J. 3* Jan., 78
•20
People’s (Brooklyn)
10CC
90
ao
do
bond*
3-25,000 F.A A. 3*
var
do
do
certificates...
75
800.000 J/AJ. 3* Jan., ’77.
60
F.A
A.
Central of New York
75
466,000
3H Aug. 1,7?.
50 1,000,000 Quar.
2* July, 77. 110
Williamsburg
do
99
scrip.,« var 1000,000 J. A J. 3* Jan., 73.
1< o i.mooc M.AN. 2* Nov 20,77
65
Metropolitan. Brooklyn
1,0
90
Municipal
1,510,0 0
Mutual, N. T
-
•
t
«
•
•
ir
r
*
.......
[Quotations by H. L. Grant, Broker. 145
100
900,UUO
Bteecker 6t.dk Eultonperry—stk.
1000
1st mortgage
694,000
100
2,100,000 Q-J.
Broadway dk Seventh Ave—stk..
1st mortgage
1000
1,500,000 J. AD.
10
2,000,000 Q-F.
Brooklyn City—stock
1000
1st mortgage
300,000 M/AN.
100
200,OCO Q-J.
Broadway (Brooklyn)—stock...
100
400,000 A. AO.
Brooklyn <t Hunter's Pt—stock.
1000
1st mortgage bonds
800,000 J. A u.
100
Buehwick At. (B’klyn)—stock..
W0.100
1U0
1,800,000 jVa j”
Ventral Pk, N. dk E. River—stk.
1000
1/200.000 J. AD.
Consolidated mortgage bonus
100
1/200,000 Q-F.
Dry Dock, E. B. dk Battery—stk.
5C0 Ac
900.000 J. AD
1st mortgage, cons’d
Eighth Avenue—stock
1st mortgage
tUdSt. dk Grand St Perry—stock
1st
mortgage
Central Cross lovon- stock.
...
mortgage
Houston, West st.dkPavJ^y—eik.
1st mortgage
Second Avenue—stock.
1st
3d mortgage
Cons. Convertible
Extension.
Sixth Avenue- stock
tit mortgage
Third Avenue—stock
1st mortgage
....
this column
1/100,000
*
July, 1900
2* Jan., 78
7
June,1384
3* Feb., 78
7
Nov., ’SO
3
Jan., ’78
3
Oct., 76
7
'i
*»
**
7
6
7
5
7
X2’000
J. A J.
7
150,000
1,050,00)
200,000
750,000
415/XX)
A.AO.
2
7
7
1,199,500 Q.-r.
ALAN.
A.AO.
M.AN.
J. A J.
Q-F.
000,000 J/AJ.
600,000 J A J.
250,000 MAN.
’
103
103
62*
40
Dec,1902
92*
Feb., 78
June, ’93 100
Jan., 78
Jan., ’84 ioo
77
Nov,
April. ’93
Nov.,1904
115
105
50
90
12
Jniy.i894
Jan..
SO
78
so
May, ’83
7
Oct..
5
7
5
7
4
7
May, 77
July,1890
Nov., 77
125
New
40
|May, ’93
100
,
97
Aug., 76.. 5
Jan.. 78..5
45
55
5)
112
75
112
150
103
125,411
229.503
128,169
841,235
200,544
none
•
•
10
10
12
30
20
20
20
20
20
29
20
•20
18
15
6
10
10
10
11
20
MM>6
95
103
90
116
110
90
••*••«
150
105
ICO
......
•
...
.
.
60
160
130
135
160
85
110
95
156
.«•••
Jan.. 78.10
Jan ,‘ 78.10
Jan. ,73. .5
Jan., 78..8
125
Jan., 78..7
Jan., *78.10
Jan., 78..5
Jan , 78.10
Aug ,77..7
170
105
180
108*
190
150
Mill
••••••
•
65
July. 77..5
’.05
115
2UU
Jan.. 73..6
Oct., ’77. .5
Jan., 73.20
Jan.. 78.e HO
Jan.. 78.10 170
Jan., '73..6
Jan., 78.1V 145
.
2)
.
.
.
110
.. .. .
240
......
190
.
•••«•«
.
3* Jan.,’77 3*
Jan., *78..5
July, 77..5
40
July, 76. .5
12
13
Jan., 78..5
150
’
20
25
20
Jan., 78.10
Jan., 78..8
12* 13* 16
10
10
Feb., 78..4
11 6
t
July,’77,6*28
17* Jau./78.7*
12*
10
10
r
85
145
185
180
3*
10
10
10
„
155
87
95
...
..
..
..
<3*
.....
50
♦ V -
.
.
.
.
too
.
......
151.SS&.I10
77.457 ,10
• •
......
10
10
20
20
16
10
20
84
85
1854r-57.
Croton water stock. .1845-51*
do
do
..1852-60.
Croton Aqued’ct stock. 1865.
118
102
70
!03
pipes and mains...
do
......
Street.]
I'BICB
May A November.
Feb.,May Ang.A Nov.
7
6
7
6
Feb.,May, Aug.A Nov.
May A November.
....1869.
Consolidated bonds
var.
Street imp. stock*
..var
do
go
do
do
.......var.
New Consolidated
Westchester County.......
50
do
do
do
do
do
da
do
7
6 g.
6
7
do
7
Brooklyn—Local Impr’em’
City bonds
dO
Park bonds
Water loan bonds
Esi
Brldgebonds
Water loan.
t|
8*.
93
'
...
......
..
City bonds. *•
■Kings Co* bonds*. ...*.*
do
do
sesee
Park bonds *•••••*•••••«•
Bridge
•All Brooklyn bonds fiat.
100
105
shows last dividend on stocks, but the date of maturity of bonds
do
Kroner, 2*
do
do
do
do
do
do
May A November,
i
?
no
<16
January a Jfily.
do
Sewerage bonds.....
.1866-69.
Assessment bonds... 1870-71.
improvement bonds
Bergen bonds.,
.1868-69.
6
7
7
7
7
7
Askd
100
100
102
103
104
101
102
103
105
106
118
107
103
107
119
108
101
106
101
100
118
107
100
111
104
102
ies
1878
1894-97
1889
1879-90
1901
1888
1879-82
1896
1894
102*
102
108
106
118
105
113
109
105
105
109
107
wallst..)
101
1878-80
1881-95
1915-24
1903
1C4
116*
1915
116*
1902-1905
1881-95
1886-83
IV 0-85
106*
907-1915
B
118
113
;i3 ■
ns
103
108
no
106
10<
107
108
116*
1924
dO
Bid.
lu
1901
do
do
do
do
do
[Qnotatlons by C. Zabbiqkie. 47 Montgomery
Jersey VUy—
Water loan, long.. •••"••••
...........1869-71
do
.
130
do
do
do
do
do
do
1883-90
1884-1911
1884-1900
1907-11
1878-98
1877-95
1818-98
January * July,
..
a.
do
do
January A J uly.
Sg.
[Quotations i>y JN. r. SKKKB,.Jr.,
93
•esses
1890
I860.
1865-68.
Improvement
stock.... I8f»
v
Market stock
•♦•set
1878-80
1878-79
do
do
do
do
May A November.
Floating debt stock....
T
do
do
do
do
6
5
6
6
7
6
1575,
do
210
Payable.
1870.
..1858-65.
Dock bonds
75
Months
6
5
6
no
• •
•••»••
reservoir bonds
Central Patk bonds. .1853-57.
io
12
• •
100
125
125
95
•♦esse
Feb., May Ang.A Nov
stock
do
•••
165
125
-800
85
Jan., 73..5
10
12
11
10
10
12
30
20
•
•
Jan., 78..8
Jan., 78..5 100
90
Jan., 78..5
Jan., 78..3
Jan., 78..5 85
Jan., 73..6 125
Jan., 78..5
194,002
« * • • •
•
......
2)
65,715
130
m
.....
Jan.. 78.10
182,0S4
59,560
163,250
115
125
Sept.,77..B
20
3)
20
10
20
18
20
11
20
17
219,433
150.550
117
•••••«
......
12
7 70.106
3,270
80,981
140
•••«••
20
10
110.327
185,468
293,659
815.907
83.587
• -
130
145
200
Jan., 78.10
50
Jan.. 77..5
Jan..78.3*
Jan. 78.. 16 :i35
Jan., 78. 9 125
Jan., 78..5
Jan.,7 ..5 105
Jan., 78..5
Jan., 78..5 110
Jan., 78..5 ICO
Jan/, 78. .5 80
10
122,215
869,346
13,291
©
10
78.175
410.076
139.085
219.330
180
140
110
65
60
130
Jan., 73.15
i0
10
20
22,630
500,S91
175
3)
20
4)
5
10
20
10
10
10
!0
12
12
13
7157,018
York:
Water
96*
.s.es
ioo
40,293
188,366
109,41S
61,099
7117,568
204,836
65,593
159.503
132,772
Rate.
105
July ,1890
Feb
*78
55
’
40
212
**•
Bonds due.
’83
ft -
190
Interest.
67*'
April, ’e5
e • •
57
1C5
90
Feb., 73. .4
|20 lie ijan., 73.7 120
156,263 16
23
20 iJan., 73. 5 125
192,769 >10
140
251,337 114
116 16 1 Jan ,78. 6
114
10 |Jan„ 78..5 1(5
10
201.454 10
200
190
20
2) IJan., 78.10
406.550 112
nsurance, capital and scrip.
7 The surplus
aeuuctei, and the figures stand as actual net surplus.
£5
100
•
70
July, ’77..5
10
105,686
83
103
76
•
p|||.
50
Jan., 78..6
tContinental, 12*50; Standard, 12 48.
City Securities.
[Quotations by Daniel A. Mohan, Broker, 40 Wail
do
3
90
70
100
195
104
165
scrip is
represented by
133*
90 *
18S8
‘s" Jan.," 78
250/XX)
i
165
S5
UK)
93
170
210
Broadway.]
200,000 M.AN. 7
2
100
10.0
J. A J.
J. A J.
208,000
748,000 M.AN.
236,000 A.AO.
600,000
2*000,000
*......
Twenly-tJUraStreet—Bloc*...
1st mortgage
♦
100
1000
100
1000
100
1000
100
500
100
1000
1000
500 Ac
100
Tradesmen’s...
United States
10
145
.
f
O O O • t
D
Jan., ’78.. 5
12
1,002.784
200,000
200,000
150,000
250,000
300,000
250,000
25
25
25
li
50
Stuyvesant....
Jan. ,78.7*
11,484
57,663
142,297
509,394
200,000
200*000
200,000
100
Bid. Askd
*
5
3
1,850,000 F.A A.
886,000 J. A J.
4,000,000 J. A J.
2,500,000 M.A S.
Standard....
15
12
651,837
694,<800
135,042
317,639
200,000
300,000
25
KKI
25
50
KKI
Odt., ’77.10
Jan., *78 .5
Jan.. ’77 .3
Feb., 78 5
none
200,006
IOO
St. Nicholas
111,00-1
6,078
133,145
155,156
103,464
16,653
96,000
1.846
1,000,000
Ridgewood.
Star
Date. '
50
100
50
20
14
3
15
25
7755,290
510,165
350,000
200,000
200,000
150,000
150,000
25
25
100
20
t
Jan., 78..8
July, 77..5
Jan., 77..5
Jan., 78.10
Jan., 78.6-65
5
5
160.326
500.000
200,000
[Gas Quotations by George H. Prentiss, Broker, 30 Broad Street. ]
Par Amount. Period
100
100
100
100
Rutgers’....
Safeguard..
172,151
12,207
13,376
250,000
200,000
150,000,
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200.000
200,000
#f
Dec* *77.10
18
100
-
Feb.,77..5
Feb., 73.10
Jan.. 78.1C
Jan., 78.10
17* Aug’77.7*14
229.251
200,000
Resolute....
,
City Railroad Stocks and Bonds.
Gas Companies.
(B’klyn)...
10
20
5
20
20
1359,009
192,160
20C.PC0
70
July, 77..5
Jan., 73..5
Jan., 78..7
Jan., 78. .5
Jan., ’77. .4
Jan., 77..5
Jan., 73. .5
4
5
108,863
411,956
28,806
806,910
150,000
•37*
National
85
N. Y. Equitable....
....
x87
66
••
Kings Co. (B’klyn)
Knickerbocker.....
Lafayette (B’klyn)
Lamar.. 1
113
91
-
Jefferson
6-J
.
......
Importers’* Trad..
..
181*
•
Jan. 2,’77...8
Jan, 2, 78.. .5
Jan. 2,78...5
Jan. 1, 78...3
iGuardian
Hamilton
....
oan. 2,78...3 102
Jan. 2,78...4
Jan. 2,78...8
12/100
i
Guaranty
77,195
5,245
10,451
150,000
200,000
1,000,000
500,000
200,000
200,000
200,000
200,000
150,000
500,000
200,000
3,000,000
150,000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
10
15
15
10
50,116
7260,328
200,000
Price.
1377 Last Paid. Bid. Aakf
40.350
200,000
800,000
200,000
153,000
300,000
210,000
250,000
30
800,000
100
200,000
50
200,000
100 1,000,000
40
300,000
100
200,000
100
200,000
30
200,010
50
200,000
17
204,000
Dividends.
Jan. 1. 18741
1877.*
200,000
200.000
190
25
17
20
70
100
10
10
100
100
100
50
50
25
100
iGerman-American
Germania
i
(Globe
iGreenwich
....
....
jan.2,
Firemen’s .........
Firemen’s Fund....
]Firemen’s Trust...
Franklin
(
Gebhard
....
....
8
3
Exchange...,
....
Feb.l, 74...S 70
May li, 77..6
May 2, 77...6
NOV. 1,77..3 100
•
Fire....
Commercial
Continental.
Eagle
Empire City
Emporium
....
....
•
Commerce
....
•
...
*
^
F. A A
J. A J.
J. A J.
J. A J.
J. A J.
M.AN.
-
6
7
3
• •
10
J.
J.
75
Nov 1. 77...o
7* Oct.10,77.3*
S.
J.
235,000
133.10C
51.400
72,300
251.900
40 400
174.300
225.600
....
10
10
4
4
14
6.60C
Citizens’
Jan. 2.73...3 2t>0
93
7* Jan. 2, 73...3
140
*
•
*
81,000
Brooklyn
....
12
8
May.
M.AN. 100
2.050,01)1’ 1,056/00
.100
100
IOO
Gas and
7* July 2, 77...3
6
Juty 1, 76...8
10
Oct. 1/77.2*
+
J. A
J. A
M.A
J. A
....
a
Jan. 6. 75...3
Feb. 1,78...5
3
10
51,100 Q—J.
890,200
453,500
6 i5,70o
23,100
44,60c
53,700
11.400
700
50,500
180,900
12,100
1,545.300
137,200
18,200
*7fi
K
Broadway
....
Net sub
PLUS,
200,000
50
25
Brewers’ A M’lst’re
....
400.000
50
100
100
Bowery
....
.....
Nov. 1. 77..5
Jan. 7,73...4
7
8
10
8
7
791.400 F. A A.
43,40u J. A J.
50,100 J. A J.
129.600
100.000
500.000 1.052,500
....
200,000
200,000
25
100
Arctic
Atlantic
T
260/580 J. A J.
1,250,000
1,000 000'
350,000
200,000
150,00(
n
Jtr
T
20
8
Amity
•
2, 78.3* 100
....
Jan
...
....
• «.
Jan.2, 78...3
Jan. 1, *78 .23
10
100
s
20
9
600,000 175 200 T A .1
1,000,000 1.52L8CO Q—F
5,000,000 2,711,201 J. A J.
...
f
f
•
•
Sept.l ’75. .5
July 2. 77...4
T
,
Adriatic
iEtna.
American
American Exch’e..
«...
....
...
....
.....
Par Amount.)
I
Ask,
Jan. 2, *78..4 133
Nov 1,77.. 2 KO*
Jan. 2. 77.. 8
9
7
12
.
Bid.
Last Paid.
Period 1875. 1876.
|
Capital.
Companies.
*
8.000,000 1.665,900 J. A J. 10
8
5.000,000 1,379.200 M.AN.
250 000
211,700 J. A J. 12
900
150.0CU
1,000,000 1.239.5C0 J AJ. 24
200,000
19,bO(l M. A S. 10
500,000
82,200 i. A J. 10
8
2,000,00C
899,800 J. A J.
3)0,000
4,400
10
176,601
A
450,000
J.
J.
300,000- 3,097,800 Bl-m’ly 100
...
1
Price.
Dividends.
s-»
m3"3
Amount
America*
Produce*
Republic
8t. Nicholas
Seventh Ward...
Second
*
Pe«
g*ar
104
106
iw*
St., Jersey City.]
1UI
January A July.
January A Juty.
do
do
Jan., May, July A Novi
J. A J. and J A D.
January and Julv.
1895
1899-1902
1877-79
1891
.
It 9
100
118
109
1905
1900
105
102
no
101
1C9
no
109
FKBBUABY 2,
115
THE CHRONlCLfe
1878.]
and
Total bonded debt after the past-due income bonds and interest
Inoesimenia
the
AND
STATE, CITY AND
past-due coupons from consolidated bonds are funded into
4,217,C00
consolidated bonds.
-
Total
CORPORATION FINANCES.
$4,267,390
v
“Under the
plan for the refunding of the company’s indebt¬
dated
Supplement” is published on the last Saturday August 20th, 1877, and maturing January 1st, 1915, has been pre¬
of each month, and furnished to all regular subscribers of the pared, and a new deed of trust executed to the Farmers’ Loan and
Trust Company, of the City of New York, to secure the payment
Chboniclb. No single copies of the Supplement are sold at the
of the same.
The aggregate amount of issue provided for is
office, as only a sufficient number is printed to supply regular
which $1,400,000 have been used, as previously
$4,700,000,
of
subscribers.
stated, in connection with the assigned Tennessee debt, and
$2,436,000 set apart to provide for the redemption of the 1st and
ANNUAL REPORTS.
2d mortgage bonds now outstanding, under proper limitations
for securing their faithful application.
This leaves $864,000
with which to redeem the remnant of outstanding old consoli¬
Memphis & Charleston.
dated and income bonds and past-due coupons on the same, which
{For the fiscal year ending June 30,1877.)
will suffice for that purpose and leave a surplus of $307,000
The annual report lately issued is an interesting document, unappropriated.
as it gives an account of the important financial changes recently
Respecting the nature and terms of the lease previously
made.
After remarking upon the previous condition of the referred to, it may be proper to state that it would probably be
company’s finances and the impossibility of increasing the earnings more appropriately named if styled 'a treaty of friendly alliance*
sufficiently to provide for annual charges, the President, Mr. R. T. between the two companies, and from a brief synopsis of which
Wilson, says:
it will be found: 1st. The East Tennessee Virginia and Georgia
To meet the exigency thus presented, a financial operation Railroad Company is to operate your road at the cost and risk of
under which the debt due the* State of Tennessee could be the latter, but without charge or profit to the former for doing
bought, and the lien held by the State to secure it assigued to so, and account f6r and pay to the Memphis & Charleston Rail¬
individuals upon terms profitable to your company, appeared to road Company all net proceeds, first applying so much thereof as
be the only resource left it.
may be necessary to the payment of interest on your bonded
As you are aware, the board called a meeting of the stock¬ indebtedness, and in case of insufficiency cf net proceeds for that
holders, which convened on the 31st of May last, in the city of purpose, the East Tennessee Virginia & Georgia Railroad Com¬
Memphis, at which two measures for financial relief were submit¬ pany may advance the deficiency and charge interest on it at the
ted. The first looked to aid through the stockholders, which rate ef six per cent per annum, and if it fails to advance it and
failed, and the alternative, a lease of your road to the East Ten¬ permits a default in interest for one month, it works a forfeiture
nessee Virginia & Georgia Railroad Company upon terms stated
of the lease, provided all balances due East Tennessee Virginia
in a draft of the proposed lease, which was read to and approved & Georgia Railroad Company have been settled; and, 2d, the
by that convention, and in conformity with a resolution passed East Tennessee Virginia & Georgia Railroad Company must pay
by it, has been made and entered into between the two com¬ any balance of net income on the 1st day of October in each year.
panies, and, as was anticipated, the credit of your company was Provision is made for a preferential interchange of through busi¬
thereby so improved as to induce Messrs. A. Iselin A Col of New ness upon terms alike equitable and beneficial to both parties,
York, to buy from the State of Tennessee the debt and lien which and either party may cancel the lease by giving six months’ notice
it held against your company, which has been aesigned to the in writing to the other, and upon the further condition that if
Farmers’ Loan & Trust Company, under the provisions of a tri¬ the Memphis & Charleston road is the party giving the required
partite agreement between Messrs. A. Iselin A Co., the Farmers’ notice for a cancellation of the lease, in order to carry the can¬
Laan & Trust Company and the Memphis A Charleston Railroad cellation into effect it must first pay and discharge any advances
Company, bearing date August 21, 1877, to be held in force by which may be owing to the East Tennessee Virginia A Georgia
said Trust Company for the benefit of certain consolidated bonds, Railroad Company.”
Nos. 1 to 1,400, inclusive, which were given to the said Messrs.
COMPABATIVE STATEMENTS.
A. Iselin & Co. as additional security for the State debt, and in
Oros8
edness,
Tffie
a new
series of consolidated 7 per cent gold bonds,
“ Investors’
“
“
"
consideration of this delivery of bonds as additional collateral,
the said Messrs. A. Iselin & Co. stipulated that, upon the pay¬
ment
by the Memphis & Charleston
Railroad Company of the
$1,400,000 of consolidated bonds,
is made his duty to cancel the
assigned State debt and lien, without further consideration or
payment by the Memphis & Charleston Railroad Company; and
the said A. Iselin & Co. further stipulated to sell, and did sell,
and have delivered to the Memphis A Charleston Railroad Com¬
pany $700,000 of its outstanding 7 per cent consolidated bonds
for the sum of $14S,27o in cash.
This financial operation,
together with profits heretofore realized by the payment of inter¬
est to the State of Tennessee in Tennessee coupons in connection
with it, and together with profits resulting from the purchase
and payment by the company of $142,000 of Tennessee bonds
which it had borrowed, resulted in a profit to the Memphis &
Charleston Railroad Company of $1,033,921 in principal and in
an annual reduction of the interest charge of $51,277.
interest and principal of the said
the trustee is authorized, and it
**In addition to the reduction in our
indebtedness, just stated,
proceeds of $320,000 six per cent bonds of the Nashville
Chattanooga & St. Louis Railway, which were received in pay¬
the
ment for the sale
Earnings.
of the McMinnville & Manchester
and Winchester
reduce it, so that your aggre¬
gate indebtedness of all classes, over available assets, will stand
A Alabama Railroads will further
1877.
1976.
$392,734
$4C0,090
491,565
15,395
27,481
31,571
4 j.696
From
'
Miscellaneous.
Increase.
..
514,160
14,855
..
Decrease
$27,355
22,595
$540
18,211
6,998
38,564
2,599
2,599
....
' $73,010
$1,033,366
$961,350
Ordinary and Extraordinary Expenses.
Increase. Decrease.
For
1877.
1876.
$10,515
Conducting transportation
$783,558 $
$173,073
17,350
Motive power..
155,901
172,861
5,012
Maintenance of cars......
65,566
60,553
.
Maintenance of way.... .
General expenses.,
Construction and equipment.....
199,493
43,S9Q
7,397
23,480
4,530
221,979
47,821
25,832
18,434
$68,308
3,708
$170,435
195,338
$643,827
$712,U6
317,522
321,230
through freight for the last fiscal year are
Total Expenses
Net
earnings
earnings from
....
The
Previous year.
Decrease
The earnings
Last year
...
from local freight for same period was
this year
..
$24,903
$321,129
318,822
$3,806
Increase
EQUIPMENT.
$4,264,833 as of the first of July last, instead of $5,471,250, as
it appears from an analysis of the general balance sheet of the
TheToad equipment consists of the following:
30th June last, and the annual interest charge is reduced from which 26 are in good order, 6 in running order, 5 in
$367,224 to $298,542 per annum, without considering the* 6 condemned ; 4 sleeping coaches, of which 3 are in
premium on gold in either case, which makes but a very small and 1 condemned ; 12 first-class passenger coaches, of which
difference.
in good order, 2 in running order and 3 in
**Of the Nashville Chattanooga A St. Louis. Railway bonds class passenger coaches, 4 of which are in good
received for the roads sold, all but $110,000 have been disposed ning order, 4 in bad order, 1 condemned, and
as
at
43 locomotives, of
bad order and
good order
7 are
bad order; 14 secondorder, 4 in run¬
1 used
boarding
of, and it is hoped those remaining on hand can be marketed car on construction train ; 3 baggage and mail cars in good order,
built during the present year ; 4po3talcars in bad order; 1 pay
shortly.”
The following exhibit shows the indebtedness of the Memphis car in good order; 24 stock cars, 20 of which aTe in gooi order, 1
A Charleston Railroad Co. as it stands July 31,1877, after entries in running order, 2 condemned and 1 missing ; 434 box cars*of
for financial operation are carried into same :
which 277 are in good order, 74 in running order, 51 in bad order
DEBT.
and 32 condemned ; 94 platform cars, of which 85 are in good
Outstanding first mortgage coupons
$5,000 order, 24 in running order, 14 in bad order and 20 condemned ;
Outstanding second mortgage coupons
35,700
..7!
BiilspayabTe...
..'.i. "
14,416 65 coal cars, of which 35 are in good order, 22 in running order,
*
FLOATING
.......
Pay and material rolls
Vouchers
••• *
...
...
...
»•••••..
................ •
.....
.«.,«•
...
...
............
R.T. Wilson & Co. for $142,000 Tennessee bonds..1.....
Due to railroads
Interest accrued on first mortgages from May 1
.
Amount paid A Iselin & Co., for $700,000
consolidated bonds
;
30,904
13,307
1,026
66,691
7,340
14,700
148,275
$536,959
AVAILABLE ASSETS.
_
By $330,000 Nashville Chattanooga & St. Louis bonds (69#)
Other assets including balances due.
Total balance floating debt.
2 in bad order and 4 condemned.
The general balance sheet of June
30 is so materially changed
by the financial operations above noted that to give, it would
simply mislead. The construction and equipment account stands
therein at
$8,640,954.
/
.
>
r
Richmond & Danville.
V
(For the year ending September 30fA, 1877.
~ __
$322,400
The annual report just issued has the following:
64.169
The gross earnings of the Richmond. A Danville, and Pifid$386,569 mont Railroads were $909,317; ordinary expenses of maintenance*
$50,390 and operation, $502,838; amount expended in extraordinary in*.
$292,-
provements of property, $118,887; balance, net earnings,
591; amount received from interest on investments, $43,982;
North Carolina Rail¬
North Carolina Railroad total
of maintenance and operation,
total net revenues, $330,573.
Northwestern
road net earnings w^re $15,018,
earnings, $467,995 ; total expenses
$804,611; net earnings,
Total net earnings of all
Deduct interest on funded
$163,884.
$499,953
the roads
debt Richmond and
Danville
$239,641
23,135
total interest paid on Roanoke Valley Railroad bonds
225
amount of rent of North Carolina Railroad
260,000
“
interest on
“
*•
floating debt—
amount of rent of
“
Piedmont Railroad
Balance, excess of expenditures
on all lines for the year
and liabilities over earnings
following table exhibits
Philadelphia Railroad..
(For the year ended October 31,1877.)
The following is a summary of the road's business for the year
ending October 31, 1877:
EARNINGS.
114.714
1,000
Freight
Telegraph receipts
2,098
4,345
2,547
United States Mail
;
raceivable, as per Treasurer’s account
$932,274
Gross earnings
OPERATING EXPENSES.
Taxes and ground rents
Net addition to permanent
improvements
Ridley Creek iron bridge entered in revenue
Material on hand increased
58*55
Total outlay for
$192,180
15,480
10,000
:
account
1,789
$219,810
$112,964
the year
Net income
*
receipts from all sources were $332,274, and the total
ofdinary expenses, excluding taxes and ground rents, $178,760,
showing the operating expenses to be about 54 per cent of the
$
34,262 receipts.
16,637
Worcester & Nashua.
The total
Railroad-
1877..
$589,618
Freight earnings.
$612,637
214,675
82,004
Inc.
$23,019
Dec.
miscellaneous...
248,937
98,642
937,193
907,317
27,880
Carolina Railroad
492,339
38,775
4’>7,995
33,971
4,804
earnings
Mails, express and
(For the year ending September 30,
24,343
these statements that the total freight
earnings, as compared with last year, w ere increased on all lines
$15 ,937; the total passenger earuiDgs were decreased $55,399;
and total earnings from mails, express and miscellaneous were
decreased $17,566.
A material increase of through tonnage, though at average
rates less than those of the previous year, has yielded an increase
It will be seen from
The report to
the following:
increased
Of which the increase on through freights waThe mile tons on all lines for the year were increased.
..
390,086
Nashua A Roch. R R.
from freight traffic on all the lines for the year,
and tlis notwithstanding the large
diminution of tonnage from several classes of local traffic.
The
mile tons transported on the
Richmond A Danville road for the vear were
$1,789,800
1,000,000
99,618
114.933 Notes payable
2,068
26,493 Unpaid dividends—
4,713
1.025 Unpaid interest warrant*...
$2,021,546
Bills receivable.....
stock.
Sundry accounts
stated, of $15,937;
3,749,893
2,173,986
5,C63,413
non-production in 1876 of the usual crop of tobacco, the
agiiculturai staple produced along a large portion of the
line, has reduced materially the revenues from local traffic. The
reduction in tobacco freights alone being eleven millions of
pounds, and in gross earnings $36,013. Other local traffic has
been thus incidentally affected, and local travel reduced to an
amount lower than known at any time since the construction of
The
chief
shows
LIABILITIES.
ASSETS.
Iron and other
1877.)
the Massachusetts State Commissioners
Cost of road
Coat of equipment
Cost of viaduct
Cash;
of gross revenues
as
$207,674
Passenger fares
683,052
$83,093
■
West Chester &
Interest on bills
Danville Railroad is.. .55*29
1876.
Richmond and Danvil’e
Northwestern North
'
Rents
the decrease of earnings as com¬
pared with 1816:
Passenger
60,0C0
*
The ratio of working expenses on Richmond and
The ratio of working expenses on all lines is
The
[Vol. XXVI
THE CHRONICLE.
11(5
materials...»
475.300
25,517
64,145
Capital stock
Bonds payable
Tot, cap’l stock and debt.
it proflit
“ and
“loss..
Bal. credit
DISB URS EVENTS
INCOME.
220,868
$3,117,047
Total
$3,117,047
Total assets
$4,896,184
■
of operating road.. $339,979
passengers
$196,959 Expenses
66,500
freight
279,279 Paid interest ou bonds
1,006
9,0:8 Paid interest on notes
car service
United States mails
11,981 Paid rent of Nashua A Roch¬
ester Railroad
116,724
rent of property
5.784
Dividends on Nashua A Roch¬
Total
$524*801
ester R. R. stock
25,860
From
From
From
From
From
Bal. to credit
profit and loss
.
4,588
$528,883
Total income
The earnings and expenses of the Nashua A Rochester Rail¬
road are embraced in the foregoing statement. The net earnings
of the Nashua & Rochester Railroad the past year were $18,345
in excess of 1876.
the road.
As to financial transactions the president
“
In comparison with the condition at the
remarks:
GENERAL INVESTMENT NEWS.
close of the previous
year, it may be stated that of the matured bonds of the com¬
Boston Diyidend and Interest Payments.—Mr. Joseph G.
Bills payable Martin, stock broker, No. 10 State street, Boston, gives his usual
pany there have been presented and paid $12,700.
issued1 show an increase at the close of the year of $22,401.
monthly statement, remarking that ?'the Chelsea A Brookline
Accounts payable and pay rolls, a reduction of $20,265. Balances
Gaslight each paid 3 per cent early in January. The Norway
to connecting lines, Ac., a reduction of $39,502.
A balance of the Plains and Winthrop Manufacturing Companies not decided.
bonds of the Roanoke Valley Railroad Company, guaranteed by
Kearsarge passed. The Salem Gas Company pays 3 percent on
this company, to the amount of $9,500, have been purchased at a demand. The Central Mining C mpany (of Lake Superior) will
cost ot $4,190, and the guaranty of this company cancelled. This
pay an annual dividend of $5 per share, February 4, in New
discharges fully all liability of this company on>ccount of these York. The York Manufacturing Company has reduced its capital
bonds. Of the annuity to the State for this year, there is a bal¬ from
$1,200,000 to $900,000, and par value from $1,000 to $750.
ance unpaid of $21,222.
The balance due on Tredegar bridge The stockholders will receive a dividend of capital of 25 per cent
account has been reduced by payments $12,043.
Of the general
($250 per share) February 1. Certificates of stock must be pre¬
mort£ age gold bonds, there have been issued daring the year
sented to secure payment. Interest coupons on the Galveston
$178,000—sold at 80 net. The issue and sale of these bonds Harrisburg & San Antonio Railroad gold 6s of 1910 will be paid
were by the board deemed necessary and proper in payment for
February 1 on bonds presented
the office in this city, but they
the large extraordinary outlay made daring the year in the
are mainly held in New York or London.
Under the date of
Improvement of the roadway and property, chiefly new rails.
November 20,1877, the Atchison A Nebraska Railroad Company
the
Much of
roadway has been substantially and permanently
a plan of re-organization of its securities, by which the
impioved to such extent as will doubtless effect a material proposed
holders thereof will1 receive their first coupon interest on its n$w
economy in some of the heavy items of current annual expense.
bonds September 1,1878. The National Revere Bank has reduced
Daring the year 2,210 tons of new steel rails and 2,043 tons of its capital from $2,000,000 to $1,500,000, and will redeem, at par,
new iron rails have been put on the Richmond & Danville and
February 1, one share in four.”
“
Piedmond Railroad, with an
improved fastening, and a consider¬
Chicago & Lake Huron.—The receiver lately asked the
authority to purchase $8,000 worth
such points as most required it.”
of iron and $30,000 worth of ties, to put the road in good condi¬
GENERAL ACCOUNT, SEPTEMBER 30, 1877.
tion.
He states that arrangements tor traffic now being made
Dr.
$3,866,400 require the immediate improvement of the road bed.. Judge
To capital stock
Brown said that already receiver's certificates had been issued to
To balance due State of Virginia (annual payment of
508,486 the amount of $500,000 to $600,000 on this road, and he thought
$42,010)
3,370,300
To bonds outstanding
‘
it ought to be able to take care of itself for the next few months
To bills payable
295,968
at least.
Testimony was taken as to the necessity for new rails
To accounts payable
56,858
•**•
To pay rolls (month of September)
34,700 387,526 and ties to prevent accidents and less of life and property. Judge
Brown finally granted an order for the purchase of $8,000 worth
8,589
To interest doe on bonds unclaimed
of iron rails, and such ties as-are absolutely necessary, not exceed¬
21,222
To interest due on State loan
82,931
To bridge and track to Tredegar Works
,
ing $7,500 in value.
64,504
able amount of stone and
other ballast put in the road bed at
To Norin Carolinarailroad (rent)
To connecting lines, individuals,
Ac., balances..
United States Circuit Court for
165.013
mary
1877.
$8,297,726
Gross
Cr.
By cost of road and property
.
By Piedmont Railroad Company
By Piedmont Railroad stock
By Nonhwestern-N. C. Railroad stock and bonds'.
By Greenville county bonds
By Spartanburg county bonds
By supplies on band per Inventories;
By connecting lines, individuals, Ac., balances ..,
By profit and loss
By cash
$5,879,853
179,194
1,491,000
27,500
44,500-2,031,825
82,883
53,713
2CO,640
eaming3
Total expenses
Net earnings
Ioterest charges.........
289,631
Paul.—The following is a sum¬
Chicago Milwaukee & St.
of the year's business :
37,768
Balance
Seven per cent on
Sorplns
.....
.
Inc or Dec.
$8,064,171 Inc..
$3,574*460
*3,100.847
2,161,062
2.14(),871
4,953,824
859,213
$939,765
859,213
$574,375
$80,551
$1,433,589
preferred stock..
1876.
$8,114,894
4,540,438
\
Dec 7
$60,722
412,890
20,210
Cincinnati Hamilton & Dayton.—This company submitted
proposition to the Cincinnati Hamilton & Indianapolis bond¬
$8,297,726 holders a few weeks since, the substance of which is as follows:
254,553
48,610
a
February
Cincinnati Hamilton & Dayton will cancel and destroy
$700,000 Cincinnati Hamilton & Indianapolis bonds held by
it, and will also cancel the claim which it holds against the road
for $1,056,082, money advanced.
•
2. The holders of the $1,800,000 Cincinnati Hamilton & Indi
anapolis bonds to surrender one-half of their bonds; interest due
July'l, 1878, on the remaining $900,000, with all coupons there¬
after, to be promptly paid.
B The Cincinnati Hamilton & Dayton will pay the coupons due
January 1, 1878, ou the whole $1,800,000, one half in cash, on
the surrender of bonds as proposed, and one-half in note3 due
October 30, 1378, to be secured by deposit of the coupons with
The
1
the
•
trustees.
by an equal amount
agreement to be subject to
Hamilton & Dayton stockholders,
holders of $1,400,000
4. The $900,000 surrendered to be replaced
of 7 p©r cent preferred stock. The
the approval of the Cincinnati
and not to be binding unless approved by
BC.OA
of the Indianapolis bonds.
It is said that several of
117
THE CHRONICLE
2, 1878.
the largest holders of the
bonds have
agreed to accept this proposition.
Cincinnati Sandnsky & Cleveland.—A despatch from Boston,
January 31, says: “The second mortgage bondholders of the Cin¬
cinnati Sandusky & Cleveland Railroad to-day agreed to petition
for the appointment of DeWitt C. Browu as receiver of the road
in place of J. S. Farlow, resigned, and to fund the 6 per cent
interest coupons, commencing June, 1877, into a ten-year scrip,
bearing 7 per cent interest, in order to relieve the embarrassment
Year*.
1874
1815
1876
1817
.
.
Total
The net
.
Gross receipts.
$96,316,868 18
105,945,788 50
107,782.421 67
104,331,807 08
Net receipts.
$35,065,733 88
$414,387,081 27
$158,870,651 25
40,213,522 40
41,142,171 58
12,44.1,218 44
earnings for 1874 were 36 per cent of the gross ; for
39 per cent; and for 1877, 44 per
1875, 38 per cent; for 1870,
cent.
By the report it is shown that the gross
that portion
in Illinois and
of fore
gn
earnings of the roads
roads within the State
were •
$9,614,535
56,755,205
8,200.443
Passenger earnings
Freight earnlDga
From mail, express, etc.
Total net
$3P,579.184
24,343,885
earniDgs
Ordinary operating expenses
Total net
$15,226,208
earnings
During the year it is noted that nine companies disbursed
$7,800,793 44 in dividends, or an average of 4 53 per cent, on stock
amounting to $172,403,270. These nine roads have a bonded in¬
debtedness of $165,012,676.
The following table shows the stock and bonded and floating
debts of the fifty-one companies reporting:
$59,414,767 56
251,375,559 97
268,164,230 42
Preferred stock
Common stock
Bonded debt
Floa ing debt
6,198,209 71
,
$585,747,866"66
Total
of the road.”
mile of stock and bonded and floating debts is
Solicitor of the Great
$32,057.
from England with a
Of unfinished roads the report says —The companies projecting
proposition from the bondholders in that country. The Detroit and building roads report the following facts: Of projected
Tribune says: “It seems now to be practically conceded that the
roads there are 2,208 miles. There are favorable prospects of
Great Western proposition will be acceded to, because nothing
completing
1,136 miles of these roads, of which 150 miles have
else or better can be done, that the foreclosure proceedings now
been graded and sixty-eight ironed.
The srock subscribed
pendiDg in court will go forward to a speedy termination, and amounts to $3,963,050, and the stock paid to $1,544,878 89, of
that the road will be reorganized and pass under Great Western
which amount $1,272,720 78 have been expended in construction.
management within a few months at farthest. The proposition
brought over from England by Mr. Barker is in substance that
Mississippi & Tennessee*—This company recently cancelled
the Great Western Company will take the road and put on it a its debt to the State of Tennessee by the payment to the State
first mortgage to the amount of $2,000,000, out of the proceeds of Comptroller of $299,814 in State bonds.
which shall be paid the receiver’s certificates, the Oakland &
New York State Taxation.—The Sta e Assessors, James A.
Ottawa bonds, the Cleveland Rolling Mill's claims, and the other
Briggs,
Sterling G. Halsey and John S. Fowler, have submitted
claims which constitute a first lien upon the property. Then a
to the Legislature their annual report.
They refer again to the
second mortgage shall be executed to the amount of $3,250,000,
they
have
found
in
the
various
counties; the failure
inequalities
be
the bonds to
guaranteed by the Great "Western Company. of the
local assessors to ascertain the amount of personal property
These bonds are to be distributed among all the present bond¬
in the hands of individuals liable to taxation ; the general ineffi¬
holders, the first and second standing upon the same footing.
This would give the present bondholders of both classes 70 per ciency of the old statutes for the assessment of the real and
cent of the face of their bonds in new bonds guaranteed by the pfreonal property of persons and corporations; and the want of
just laws to regulate assessments, and the neglect of local asses¬
Great Western.”
sors in many districts to enforce the existing laws.
Erie.—Receiver Jewett's statement for November is as fol¬
RAILROAD ASSESSMENTS.
lows: Balance November 1, $641,332; receipts for the month,
In relation to railroad assessments, they say:
$2,072,120; disbursements, $2,256,404; balance December 1,
The land and superstructure of a certain railroad is assessed
$457,048. The disbursements were $184,284 in excess of the re¬ by some 300 assessors, andlt is not fair to presume that many, if
ceipts. The amount of Receiver's certificates outstanding De¬ any, are experts as fo the value of the road. It is scarcely an
cember 1 was $1,608,916, being a decrease of $353,230 during
exaggeration to say that the assessments are as unlike as the
the month.
complexion, temperament and disposition of the assessors. An
, the
county of
Fitchburg.—The annual meeting of stockholders was held in llustration : In the town of
assessed
at
is
Railroad
This
$507,000.
town
has
42.592
acres of
Boston this week. The following vote was adopted:
included).
The
per¬
land,
assessed
in
1876
$1,449,290
(railroad
Toted, That power is hereby given to the directors of this corporation to
sonal property was assessed $12,950. The population in 1875 was
do and perform any and all the acts, matters and things which the Fitchburg
Railroad are authorized to do by the 3d and 4th sections of the 401st chapter 5,487. Thus the railroad was assessed at more than one-third of
of the statutes of 1814, and any acts amendatory and confirmatory thereof.
the whole assessment of real estate in the town, and of course
The President stated that the directors had no intention of
paid more than one-third of all the State, county and town taxes.
increasing the capital stock at present, but before another annual Referring to the census of 1875, we find the following statistics
meeting it might be found necessary to do so.
n regard to this town: 4*85 persons to an inhabited house, 32,619
of improved land, 4,362 acres of woodland ; other lands,
acres
Illinois Railroads.—The report of the State Con missioners for
the year ending June 80, 1877, gives the figures quoted below, 4,021 acres ; cash value of farms, $2,845,705; farm buildings and
which differ materially from the report, taken from the Chicago dwellings, $1,348,565 ; total value of farms and buildings, includ¬
Times md published in the Chronicle of Dec. 1, 1877, on page ing dwellings, $4,194,270. Amount of sales from products of
farms in 1874, $237,523. This shows an income of nearly 6 per
533.
Pertinent to the late railroad strikes, the Commissioners give cent for farm products sold (amount consumed on farms not
the following table of average wages paid per' annum by the
ncluded), yet the railroad is made to pay more than one-third of
the ti x upon property that the owners and census enumerators
roads mentioned:
m the town valued at $4,194,270, products of which were 6 per
a 2
cent.
This single fact is good evidence that some change is
8
S
a
s
a
sis
necessary
in the law regulating assessments of railroads, as well
NAHB OT ROAD.
The rate per
Detroit & Milwaukee.—Mr. S. Barker,
Company, has recently returned
Western
.
“
,
a
©
©
«
%
£
A C
A
C.R.L AP....
L.S. AM.S
St. L. & S
Western Union
...
o
33
1
s*
0Q
as
.q
8
THE OVER TAXATION
$900 00 $400 00 $400 GO $300 00 $300 00
784 60
1,065 09
l,0l>8 00
831 48!
1,086 80!
531
600
561
517
548
60
2.
00
92
40
-
414 72
403 83!
480 oo;
373 20
487 711
390
361
860
355
408
324 66
318 60
540 00
316 65
379 57
66
89
00
68
11
From the rankB of the employees whose wages are given
above the strikers of last summer came.
The number of miles of road operated by the fifty-one railroad
companies reporting to this office is as
LENGTH Or WAIN
follows :
LINE AND BRANCHES.
Mainline
Branches
;
68
15,241*
Total miles
A
comparison of the receipts and expenditures
four years shows the following result.
; Gross and net receipts from 1874 to 1877,
*
11,097*
4,015*
The Grayville A Mat toon and the
OF BANES.
The Assessors call the attention of the Legislature to the
shrinkage of bank capital, as follows:
In the City of New York the amount of personal property
assessed in 1876 was $218,626,343. Of this, some $85,145,116 were
assessed as bank stock, leaving for other corporations and per¬
sons
$133,481,229.
/here is no difficulty in
ascertaining the
bank capital, but can any man tell the full and true
value of the stock ? Is it good public policy, is it judicious legis¬
lation to tax either National or State banks on anything more
amount of
5,267*
2,098*
* 68
than their capital, and if the capital has been impaired from any
ought not a corresponding deduction
taxation has already caused a redaction in bank
to
amount of $20,000,000, and if the surplus is to continue
assessment a further reduction may be expected to the great
1,433*
injury of our trade, commerce
In Illinois.
Total line.
Unfinished roads*—miles completed
other corporations.”
03
for the past
inclusive :
Chicago Millington and Western.
be made ? Onerous
capital
the
liable to
cause,
and manufactures.
PERSONAL PROPERTY.
We have heretofore called attention to
the inadequacy of exist¬
ing laws for the equitable assessment of personal property,
onr experience and observation incline us to the belief that
and
iff*
the
duty of the Legislature to
make the law in this regard more
all laws taxing the personal property of
individuals. As the law is now it is a matter for the taxpayer
to decide whether he will be subjected to a tax .on personal
property or not. He can evade ihe assessment without let,
hindrance, or penalty, if he chooses. The assessment of personal
property in many counties goes to show that in many cases the
■owner of personal property chooses not to pay tax thereon.
In
the counties named below the assessment per capita of personal
effective, or to repeal
property, deducting
each:
CO 50
49 40
58 50
Columbia
Dutchess
Erie
Orange
Queens
76 00
61 75
Steuben
Warren
Rensselaer
St. Laurence...
COMMERCIAL EPITOME.
Friday Night,
storm
the North
curred.
Our streets also are blockaded with the snow,
the movement of merchandise difficult. The agitation
which are now pending before Congress, to
snow
37 00
25
13
81
21
.
00
CO
60
30
YORK CITY.
laws of 1859, provides that real estate
shall be “assessed at the sum for
is at some recovery. New mess pork sold to-day at
$12 on the spot, and was held at $12 25 for February, March and
April, but the close was flat. Prime Western lard was down to
$7 65, spot and February, $7 75 for March, and $7 85 for ApiH,
but closed 5c. above these figures.
Bacon has been quite active
at 6c. for Western long and short clear together, on the spot and
for the last half of February.
Cut meats are in demand, and
more steadily held.
Beef has met with a fair demand at firm
prices, but beef hams are dull. Butter has ruled dull; but cheese,
though not active, has advanced to 13^@14c. for prime to
factories. Tallow has met with an active demand at 7f@7 ll-16c.
for prime.
to Jan. 23, 1877-8:
Winter-hog packing in the West, Nov. 1
but the close
ordinary circumstances sell.”
other parts of the State, at
which a creditor would take real estate to satisfy a debt due from
a solvent debtor.
The circumstances from 1863 to 1873 were very
different from what they have been since 1873, not only in the
City of New York, hut in all parts of the State. Why have two
rules of valuation, one for the City of New York and another for
the State?
Countries, January 1, 1877.—The follow
ing table, compiled by a venerable statistician, who has probably
had more experience in the preparation of railroad statistics
than any other man in America, is presented as an approximate
statement of the mileage of railroads in the world at the begin¬
Railroads of all
ning of 1877:—
United States.
Canada...
..
Mexico
Railroads.
Capital Cost.
Grand total
Per Mile
Total.
Miles.
$
77,470
4,148.060,799
4,929
317,795,468
4 3
38,816,154
$*
63,557
64,474
96.318
82,802
4,504,672,412
54,403
56
29
459
26
48
4.963,600
2,817,800
32,698.930
1,2'0,000
12,000,000
88,636
97,143
71,239
250,000
618
53,779,830
87,022
42
76
39
21
3,297,619
5,781,958
2,972,013
1,87.%000
'78,514
1,324
139,059,891
1,744
47
231
201,719,673
90,302,156
111,270,992
2,(91,658
14,529,701
5,967
5:3,009,701
96,029
16.872
12,721
3,291,073,889
1,453,719,201
195.061
Spain
4,112
Portugal
Belgium
375,454.374
55,561,976
2,208
North America.
Honduras......
Costa Rica
Cuba (Spanish)... .
Jamaica (British)...
Panama (Colombia).
Middle America.
Colombia,...
Ecuador
Ventznela
..
(British).
Brazil
Bolivia
Peru
Chili
1,466 >
,
South America.
Great Britain,
France
&c.
Holland
Denmark
Sweden
709
819
Norway
Russia
Germany..
Austria
Hungary
Switzerland
Italy...
Turkey
Roumania......
Greece
Europe.
Turkey in Asia
India (British)
Ceylon (British)
(Dutch)
Phillippines (Spanish).
Java
China
Japan
Asia.
Egypt
Tunis
76,078
76 205
65,476
105,030
115,671
92,42875.912
57,334
62,899
121,817
91,307
78,364
15 3,485
89,741
338,894,897
113,254,192
1,262
1...
41,154
-
2,517
3n&
13,229
18,471
6,*-79
3,967
1,841
4,849
71,315
62,108
61,519
58.406,976
156,325,836
22,231,397
902,469,151
1,779,2 0,604
679,152,022
305,225,772
90,922,4 i2
68,219
95,324
97,318
-
76,916
61,8)2
98.656
997
791
7
478,426.452
102,111,743
77,684.982
500,000
92,217
10,280,615,93?
111.483
249
20,817,610
6,937
546,824,335
9,987,370
17.226,916
8),605
78,^27
108,558
58.196
17,475,723
62,637
92
296
279
10
67
102,419
98,211
.71,429
200,000
20.0)0
4,187,500
62,5C0
7,530
616,719,454
77,774
1,163
72,022,2154
2,213/ 80
61,928
52,706
42
587
27,948.244
47,612
149
7,163,589
50.091
Namaqualand
93
813,619
Natal (British)
Mauritius
6
£53.845
8,749
43,131
66
1,657,595
28,145
2,106
112,577,836
53 456
554
298
702
327
38
167
579
43,485,676
78,494
61,013
2,6(5
183,273,154
Algeria (French)
Cape Colony (British)
Africa.
New South Wales
Queensland
Wic oria
-‘fionth Australia
Western Australia
Tasmania
New Zealand
Australasia.
Grand total..*..
Do. to
1877-’<8.
ISTe-’T^.
1876—’77.
Nov. 1 to
Jan. 23.
Nov. 1 to
Jan. 23.
Nov. 1 to
March 1.
No. 3,250,000
1,787,978
2,875.000
1,5 <3,418
2,291,065
1.810,243
5,037,978
4,453,418
5,101,308
'.
4,298.553
4,464,424
previous week
The following is a comparative summary
from October 27 to January 26, inclusive:
..
14,878,600
150,965,362
87,832,009
.
194,805
18,183,874
68.8-8 580
16,057,989
1.661,291
7,959,628
27,078,116
(P
,
16,324,648,324
Decrease.
Increase.
1876-’77.
187?-*78.
Pork, lbs
Bacon, &c., lbs
Lard, lbs
of aggregate exports
3,102,800
7,750,230
17,931,400
158,715,592
71,392,876
16,139,133
248,089,868
Total,libs
253,675,971
For the first week this season, an increase
shown, and it may he noted that
chartered in the past few days,
over last season is
five or six vessels have been
to load provisions for the
Continent.
977
Argentina
Paraguay........
Uruguay
principal points.
Estimated all other
'
Counirieb.
chofce
At six
Length of
making
of the bills
make silver coin a
legal tender and to reduce the import duties on foreign merchan¬
dise, are also disturbing elements which are felt more or less in
trade and manufacturing circles. Then, too, the late failures
and defalcations have unsettled credits. Altogether there is a
disposition to restrict operations and keep business within very
conservative limits. Our export trade continues good.
There has been much depression in pork and lard, under a
greatly increased production and a large accumulation of Btocks,
in the City of New York
which Buch property would under
There is no appraised value, as in
the other counties of
Feb. 1, 1878.
length experienced severe winter weather. A
has interrupted railway communication throughout
and West, and serious marine disasters have oc¬
We have at
10 50
Oswego
TAXATION IN NEW
Chapter 302, section 9,
15 42
25 50
34 £0
Onondaga
$102 50
Putnam
$11 00
Essex
42 80 Kings
49 (0 Monroe
17 00 Oniida
Cayuga
Chautanqua
Chenango
of
corporation, is given opposite the name
$25 00
Broome
Guiana
[Vol. XXVI.
THE CHRONICLE
118
Kentucky tobacco has
been only moderately active,
the sales
aggregating only 800 hhds., of which 350 for home
consumption and 450 for export. Prices are a trifle easier; lugs
quoted at 3@4jc., and leaf at 5@10c. Seed leaf, also, shows but
a moderate business, the sales of the week amounting to but 875
cases, as follows : 50 cases sundries, 5 to 16c.; 150 do., 1876 crop,
Pennsylvania, 9 to 20c.; 150 do., 1876 crop, New England, 9 to
20c.; 475 do., 1876 crop, Ohio, part 8@10c.; 50.do., 1876 crop,
Wisconsin, private terms. The movement in Spanish tobacco has
been decidedly more active, and includes 500 bales Havana at
80c.@$l 15, and 481 bales Yara, I and II cut, on private terms.
Iu coffees, either Brazil or mild grades, little of importance has
been done, and prices are not over and above steady; fair to
prime cargoes Rio quoted at 16£@18c., gold ; stock here, in first
hands, on the 30th ultimo, 103,133 bags. Rice remains very
steady, with a fair jobbing trade going on. Molasses continues
dull for foreign ; but domestic has sold fairly at 26@50c., the
latter for fancy. Frosted lots quoted at 23c. Refined sugars
have been rather quiet, but standard crushed is still quoted at
9£c Raw grades have been exceedingly dull, and more or’ less
easiness prevails:
Melado.
Boxes.
Bags.
Bhds.
for the week
Stock January
1, 1878
...
23,745
23,745
13,574
IS,574
16,301
16,301
Receipts since January 1, 1878
Sales since January 1, 1878./
Stock January 30,1878
26,018
Stock January 31, 1877
4,104
Business in ocean freights has been
...
...
7,247
13,297
13,218
7,326
5,397
very
112,601
232,380
260,585
84,396
17,357
13
687
645
35
1,004
fair ; rates for steam
moderate supplies,
and weak¬
W^eat to Liver¬
pool, by steam, 9£@10d.; cotton, £d.; provisions, 40@50s.; grain,
by sail, 7|d.; flour, 2s. 4£d.; cotton, 15-64d.; grain to London, by
steam, 9£d.; cheese, 45@50s.; flour, by sail, 2s. 3d.; grain, 5s. per
qr.; hops to Hull, by steam, fd.; flour, 3s. 6d.; do. to Bristol,
by eail, 2s. 6d.; and by steam, 3s.; grain to Cork, for orders,
5s. 9d. per qr.; barley to Cork, for Orders, 6s.; refined petroleum
to Liverpool, 3s. 6d. per bbl.; do. to east coast of Ireland, 4s.; do.
to Bremen, 3s. 9d.; do. to Stockholm, 4s. 6d.
To day, business
was limited, and rates unchanged ; grain to Liverpool, by sail,
7^d.; flour, 2s. 4|d.; cotton, by steam, £@9-32d.; wheat to London,
by sail, 5s. 2d. per qr.; grain to Penarth Roads, 5s. 4£d.; do. to
Lisbon, 14fc., gold, per bush.; no petroleum charters.
There has been little of importance done in rosins, and quota¬
tonnage have remained steady, owing to the
but those for sailing vessels have shown irregularity
ness.
Late engagements and charters include :
irregularity and easiness; common strained
$157i@l 60; good do., $1 62*@1 65. Spirits turpentine also
97,790 was quiet until the close, when a speculative demand set in,
49,107 about
2,500 bbls. were sold at 31c. Petroleum has latterly ex¬
43,716
47,662 hibited more steadiness, owing to firmer Creek advices; crude, in
46,767 bulk, 7i@7ic.; refined in bbls., for prompt delivery, at 12ic.
Ingot copper about steady, with 150,000 lbs. Lake sold at
68,771
cash. Grass seeds quiet at 8@8fc. per lb. for clover, and $1 85@
84,015
tions have shown
and
1 40 per
bush, for timothy.
17fc.,
W hiakey firmer at $1 09, tax paid.
TOE CHRONICLE.
&,1878.]
February
COTTON.
Friday. P. M., Febuary 1, 1878.
-The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.’ For the week ending
evening (Feb. 1), the total receipts have reached 159,186
bales, against 164,059 bales last week, 153,727 bales the previous
week, and 142,099 bales three weeks since, making the total re¬
ceipts since the 1st of September, 1877, 3,117,741 bales, against
3,144,189 bales for the same period of 1876-7, showing a decrease
since Sept. 1, 1877, of 26,443 bales. The details of the receipts
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows :
1878.
Receipts this week at—
re 77.
1875.
1876.
1874.
1873.
low middling and strict low
middling, were reduced l-16c., and
good ordinary and strict ordinary |c.; stained reduced 1-163.,
except for middling. * For future delivery, there have been
sharp. fluctuations on the variable and often contradictory
reports which have been reeived by cable regarding the political
and military situations in
Turkey.
Last Saturday was very
excited, a considerable advance being established at the close,
and Wednesday almost as much
depressed. The comparatively
large receipts at the ports have depressed the later months
more
than the earlier deliveries. "This was
especially the
case on
Wednesday. The improvement yesterday, in the face of
a decline in
Liverpool, was due to a combined effort by the spec¬
ulators for a rise, aided to some extent
by purchases to cover
contracts.
To -day there was a further advance, the later
reports
from Liverpool being more favorable.
The total sales for forward delivery for the week are
368,400
bales, including — free on board. For immediate delivery the total
sales foot up this week 3,503 bales,
including 69 for export,
3,434 for consumption,
for speculation, and
in transit.
Of the above,
bales were to arrive. The following tables
show the official quotations and sales for each
day of the past
00015698..172510)9,.123
New Orleans
64,815
16,097
18,403
2,568
14,617
13,286
Mobile
Charleston
Port Royal, Ac.
Savannah. &c
...
Galveston
Indianoia, Ac
Tennessee, Ac
City Point, Ac....
Total this week
*
9,818
35,795
60,832
11,753
6,533
2,613
12,706
11,220
157
12,005
12,230
62,057
48,689
11,341
10,726
12,006 i 11 OQA
j JLij.6^0
11,107
9,899
1,024
•
17,198
10,839
259
309
360
400
11,658
11,612
12,621
6,262
Florida
North Carolina
Norfolk
30,944
14,473
•••
15,858
19,560
15,495 v 14 kon
2,012 f 14,0,29
10,240
7,416
.
.
UPLANDS.
793
977
636
143
496
329
4,166
11,055
1,601
9,966
3,314
11,850
1,619
15,612
1,842
13,477
598
488
138,374
131,379
273
933
103,152
657
147,669
126,521
Total since Sept. 1.... 3,117,741 3,144,189 3,066,184 2,635,772 2,693,481 2,379,828
Ordinary
V lb.
Strict Ordinary
8*
ending this evening reach a total of
101,209 bales, of which 58,867 were to Great- Britain, 20,065 to
France, and 22,277 to rest of the Continent, while the stocks as
made up this evening are now 907,403 bales.
Below are the
stocks and exports for the week, and also for the
corresponding
week of last
season:
Exported to
Week ending
Feb. 1.
Great
Britain.
New Orleans*...,
France
35,566
4,700
2,510
.
Mobile.;
Charleston
Savannah, Ac....
•
Galvestont
•
•
•
New York.....'..,
Norfolk........
6,506
Other ports*
7,914
•
...
Total this week..
•
•
•
58,8o7
Same
Conti¬
this
week
nent.
week.
1877.
16,444
13,532
2,500
4,146
65,542
7,750
9,186
945
945
3,050
•
1,641
Total
•
•
•
1,121
•
•
•
•
2,762
6,508
•
•
•
•
•
•
•
•
•
•
•
•
*
•
•
•
604
....
20,065
•
•
•
Stock.
1878.
1877
45,614 364,781 281,035
11,627 71,534 71,695
9,179 70,545 52,897
20,171 99,719 68,885
23,110 79,035 91,222
7,553 135,400 264,230
3,639 32,368 20,167
5,490 54,000 36,000
•
8,518
22,277 ^101,209
126,388 907, 402
Total since Sept. 1 1,087,190 325,196 309,116 1,721,502 1,889,307
8*
9*
9*
9*
8*
8*
9*
9*
9*
Strict Good Ord’ry. 10 5-16 10 5-18 10 5-16
Low Middling
m
10*
10*
Strict Low Mlddl’g 10 15-16 10 15-16 101 5-16
Middling
“ 11*
11*
11*
Good Middling
11 *
11*
U*
Strict Good MlddTg 11X
11*
11*
Good
Ordinary
Middling Fair
The exports for the week
ALABAMA.
N. ORLEANS.
TEXAS.
Sat. Mon. Sat. Mon. Sat. Mon. Sat. Mon.
Jan .26. Jan.28. Jan.26. Jaa.28. Jan .26. Jan.28. Jan.26. Jan.28.
‘
2,694
15,128
3,858
159,186
week:
12*
12*
Fair
9*
9*
9*
12*
12*
8*
9*
10
10 5-16
10*
10*
in*
11*
11*
11*
11*
12*
T2*
11*
12*
12*
8*
!?*
10
10 7-16
10 7-16
11 1-16
11 1-16
11*
ii*
11*
11*
ti*
12*
12*
!2*
12*
10 7-16
10 15-16 11 1-16
2*
12*
8*
9*
10
10 7-16
10*
U*
n*
12*
12*
•
Tues Wed. Tues Wed. Tues Wed. Tues Wed.
Jan. 29. Jan.80. Jan.29. Jan. 30. Jan. 29. Jan.SO. Jan.29. Jan.SO.
Ordinary
V
Strict Ordinary
Good Ordinary
8*
a>.
8 11-16
9 7-16
9 13-16
9*
9*
Strict Good Ord’ry. 10 5-16
Low Middling.... . 10*
Strict Low MlddTg 10 15-16
Middling
U*
Good Middling
11*
Btrlct Good Mlddl’g 11*
Middling Fair
10 5-16
10*
10 9-16
12 3-16
12 11-16
n
11
11
12
12
Tb.
12*
12*
Fri.
Tb.
Ordinary
Middling
11 1-16
Middling Fair
12 3-16 12 3-16 12
12 11-16 12 11-16 12
11 1-16
11
892,181;
11*
10 15-1C
8*16
!«
11-16
11*
3-16 12*
11-16 12*.
8 13-16
9 9-16
10 15-16
8*
9 9-16
i-i6
10 7-16 10*
10*
10 11-16 to*
10 11-16
11 1-15 11
11
11 8-16 11*
11 3-16
11 9-16 11*
11 9-161
11 13-16
12 5-16
12 13-16
Tb.
11 13-16
It*
12*
12*
‘ 12 5-16
12 13-16
Tb.
Fri.
Fri.
Feb. 1. Jan.Sl. Feb. 1. Jan.Sl. Feb. 1.
y lb. 8 11-16 8*
8 11-16 8*
Strict Ordinary
9 7-16
9 5-16
9 7-16
9 5-16
Good Ordinary
9 13-16 9 11-16 9 13-16 9 11-16
Strict Good Ord’ry. 10*
10 3-16 10 *
10 3-16
Low Middling
10 9-16 10*
10 9-16 10*
Strict Low Middl’g 10*
10 13-16 10*
10 13-16
Good Middling
11 7-16 11 7-16 11
8trict Good Mlddl’g 11 11-16 11 11-16 11
8 13-16
7-16
Fri.
Jan.81. Feb. 1. Jan.Sl
8*
l!*
10 7-16
10*
10 9-16
to*
10 15-16
10*
11 1-16 11*
11 7-16 11*
11 I1-16 11*
12*
12*
Fair
8 11-16
9 7-16
9 18-16
8*
9*
9*
8 18-16
9 9-16
10 15-16
8 13-16
9 9-16
9 13-16 10 15-16 9
10 5-16 10*
10
10*
10 11-16 10*
10 11-16
11
10 15-16 11
1-16 11 1-16 11 3-16 11 3-16 11 3-16 11
7-16 11 7-16 11 9-16 11 9-16 11 9-16 11
11-16 11 11-13 11 13-16 H 13-16 11 13-16 11
3-16 12 3-16 12 5-16 12 5-16 12 5-18 12
11-16 12 11-16 12 13-16 12 13-16 12 13-16] 12
fi-u
9*is
13-16'
5-16
10^5-16
3-16
9-16
13-16
5-16
18-16
STAINED.
....
*
Sew Orleans.—Our telegram to-night from New Orleans snows that
(besides
shove exports) the amount of cotton on shipboard and engaged for shipment
at
that port is as follows: For
Liverpool,50,750 bales; for Havre, 89,750 bales: for
the Continent, 85,250 bales; for coastwise
ports,4,500 bales; which, if deducted from
toe stock, would leave 214,500 bales,
representing the quantity at the landing and in
presses unsold or awaiting orders..
t Gatoeston.—Our Galveston telegram shows (besides above exports) on shin,
board at that port, not cleared: For
Liverpool, 19,4°4 bales; for other
8,922 bales; for coastwise ports, 1,491 bales; which. If deducted from theforeign,
stock,
would leave remaining 54.128 bales.
$ The exports this week under the head of “other ports” include from Balti-
pore, 962 bales to Liverpool, and 604 bales to the Continent; from
o,437 qples to Liverpool; from Philadelphia, 515bales to Liverpool.
to-night
15,221 bales
The following is
are
Good Ordinary
Strict Good Ordinary
Low Middling
than they were at this time a year ago.
our usual table showing the movement of cotton
it all the ports from Sept. 1 to Jan. 25, the
latest mail dates:
more
SINCE SEPT.
PORTS.
N. Orleans.
Mobile
Charleston*
Savannah..
Other ports
Tot. this
yr.
Tot last yr.
"'
2,958,555
.
Other
wise
Total.
289,-293
-'V**
•
V*
•
•
•
Britain
54,841
408,729 79,097
408,396 105,285
424,933 100,736
81,683 152,987
16,647
101,456 26,301
426,329 96,074
75,697 83,203
•
•
•
•
forei’n
16,010 9,359
51,856 48,926
28,724 60,071
21,338 6,894
3,420 22,837
•
•
.
....
1,780 18,397
1,803
9,000
1,075
....
1023,823|305,131
80,210 145,618 69,242
179,879 97,678 69,581
194,080 176,647
91,606
128,968 139,667 74,521
179,244
133,893
9,586
46,478 5S.900 17,236
93,949 235,206
26,763
92,203
42,500
....
.
.
a
.
•
«
.
286,839 1620,293 984,912 878,490
8,035,815 1255,5*25 237,032 220,387 1762,924
918,250|
890,623
•Under the head of Charleston is Included Port Royal, Ac.; under the head of
Batoestonis included Indianoia, Ac.; under the head of Norfolk Is included City
Point
Ac.
These mail returns do not correspond precisely with the total of
4he telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
Vi The market for cotton on the Bpot has been quiet throughout
the past week. Quotations were on Wednesday reduced l-16c. to
11 l-16c. for middling uplands. An advance in gold and ex¬
,
change has
"
not enabled shippers to
~
.
do anything of
moment.
Stocks
continue comparatively small at this point. To-day, at the regu¬
lar weekly revision of quotations,
ordinary, strict good ordinary,
10
10
10*
1C*
11-16 8
9
7-16
1V-16 9
5-16 10
11-16
8*
7-16
9*
15-16
9*
5-16 10 5-16
MARKET AND SALES.
SALES OP SPOT AND TRANSIT.
Spot Market
Closed.
Ex¬
port.
Saturday.. Quiet, steady
Monday... Quiet, unch. quo.
Tuesday
Dull, unch. quo..
Wednesday Quiet, lower
Thursday.. Quiet, steady
...
..
Friday....*.. steady
35
31
....
\
FCmJBKS.
ConSpec¬ Tran¬
Total.
sit.
sump. ulate
69
572
65 i
493
680
507
530
«
-
3.431
•
•
•
•
•
•
•
•
•
+ +
-
f
r*
t
-
-
••
•
•
• •
....
«
•
• •
....
....
Sales.
572
632
493
715
541
530
57,800
3,503
368,400
;
Dellv.
erles.
74,200
600
61,2(0
100
400
53,300
56.100
65,800
400
-
1,500
For forward delivery, the sales (including
free on board)
have reached during the week 333,400 bales (all middling or on
tbe basis of middling), and the following is a statement of the
Stock
Ports.
772,649 329,799 180,928 109,555 620,283 123,630 363,145
9,566
110,218
359,985
75,479
'
France
Coast¬
937,380
292,599
359,056
53,687
N. Carolina
Great
TO—
1876.
336,692
Norfolk*..
1.
1
1877.
453,893
Galveston*.
New. York..
Florida
EXPORTED SINCE SEPT
8
9
9
10
8*
9*
9*
10*
Total
RECEIPTS
8*
....
Middling
Boston,
From the foregoing statement it will be seen that,
compared
with the corresponding
week of last season, there is a decrease
in the exports this week of 25,174 bales, while the stocks
Sat. Mon. Tues Wed. Tb.
Fri.
Jan.25. Jan.23. Jan.2). Jan.30. Jan.31. Feb. 1.
*■
3ale8 and prices:
For
baies.
200
200
800
100
200
800
100
2j0
January,
cts.
11-91
...11*92
11*93
e.n
11*96
.....11*96
s.n..
11*97
s.n. SC th. 11*98
12*04
1,600 total Jan.
For February.
1st.. 10- PS
100 s.n
200
600
10-58
10*59
10*90
100 b n. l«t. .10 91
100 s.n. 2d...10 91
200 s.n.
10*91
1 *91
400 S.n. 1st..If*92
20) s.n. 2d... 10*92
300
10*92
100 S.n.
10*94
500 8.n, 2d... 10*93
600
.......
.
10*1*3
2,400
.....10*94
4,000
biles.
c's.
100 8 n. *8t. .10*97
10), no no;ice to¬
day (1st)
1 *97
100 e.d. 5th .10*97
1.000.,
10*97
10*33
800 s.n. 1st.. 10*99
700
10*99
20) s.n. 1st.. 1*10
200 e.n. 21 ..11*00
200 8 n. 4th..110)
3,100
lt\0
600 s.n. fcth.. 11*01
6,000
..11*01
3.600
2,700.
4.900
4.000
100
no
11*02
1103
11*04
11*05
notice till
bales.
12.2)0,
5.700....
6,20)....
7.2C0....
4,200
5,100....
6,700....
8.700....
4,100....
2,900
3.7(0
..
...
142,200 total March.
For April.
3,100
2,100.
3,000.
900.
11,100.
For March.
5,000.
7,400.
1,200.
1.700
11*02
3,101).
day (31st).. 10*95
800 s.n. 4th. .10*95
3.600
11*08
9,200.
5,100.
1.809
5,500.
160 s.n
10*96
203 S.n. 1st.. 10*96
100, nouolice till
2d
10 96
10*96
800 S.n. 4th .15* ft
11*04
5,000
9,700...........11*05
7,000
11*06
1T07
11*08
6.400
1TC9
..’1-22
11-23
11*24
4)0...
notic i t: -
no
Ii*l8
11*.5
11-20
2.^00....
1,61)0
1.500
43.100 total Feb.
11*16
11*17
7,700...
4,600....
1,IC0.
.11*07
11*08
11*09
11*12
11*14
1 i* «4
...
80th........1105
2,*X)0
..11*06
300
cts.
-.
1.000.
bales.
3.300
500
3,600
2.S00
11*35
5.200
11*37
11*33
3,600
300.
For May.
.11*23
11*29
11*30
700
200
800
500
11*20
11*21
11*22
11*23
11*24
It*25
11*26
11*37
lt*28
11*29
11*31
1.R00
11*32
11*83
....11*34
......
11*36
..11*86
11*31
1,600
...11*89
,11*40
2.000
*2.3)0
600
.11*33
11*18
11*19
11*39
83,90) total April.
1,300..
11*15
.11*18
cts.
11*38
..11*84
11*35
800...........11*41
6U0
1.200
100
....11*42
11*44
11*45
11*46
1,10).
11*47
400
400
...11*49
600
1.100
11*48
11*50
11*31
ITU
iiicOKWXw,
007
THE CHRONICLE
120
For June,
eu
11*31
11'40
bale*
200
600
-
1*006
2*100
1,400
*
2,300
.8,500..
1*400
1,700
1,400
1,400
1,700
eu.
ll*ol
1,000
11*68
600
800
11*62
100
800
200
710
11 53
11*60
...11*61
11*62
:.W)
2.000
11*68
11*64
September,
For
eu.
11*70
11-71
11-72
bale*.
11*41
11,800 total Jolj.
11-42 81,000 total June.
11*48
For August.
For
July.
11-44
800
11*25
11-49
11-45
1,100
11*56
11-50
11*46
200
11-57
100
11*51
..11-47
600
11-58
1,300
11-52
11-48
1,400
11-39
400
11*53
11*49
1,000
11-60
11*55
11*50 2,000
700
11-62
11*51
11*52
11-53
11*51
ll*5>
600
900
700
800
800
900
bale*.
800
bale*.
800
400
600
U-63
1,800
11-66
100
11-67
1,000
...11-68
The above
cm
200
11*80
100
11*84
860
100
11*40
...11-41
total Sept.
7uu
-
[Vol. XXVI.
totals show that the old interior
stocks have
Increased daring the week 132 bales, and are to-night 46,976
bales more than at the same period last year.
The receipts at the
«ame towns have been 7,140 bales more than the same week last
year.
For October.
100
11-09
11-10
800
100
11-11
400
11-12
luO......... .11*13
ioe
u-15
100
11-13
11-20
600
100
11*24
Weather Reports by
Telegraph.—In the Southwest the
week, and as a result
weather has been much favorable the past
the roads in Texas are greatly improved.
Elsewhere it has been
quite rainy.
Galveston, Texas.—We have had sprinkles on two days, the
rainfall reaching ten hundredths of an inch. Roads are improv¬
ing rapidly, but require continuous dry weather. Planting preparations are being pushed forward. Average thermometer 67,
1,700....
11*57
highest
69 and lowest 42. The rainfall during the month has
1,800
11*58
100
11*67
400
11*59
been five inches and Beventy-eight hundredths.
160 total Not. |
100
ll*C8 16.000 total Aug.
700
11-60
lndianola, Texas.—The weather here has been warm and dry
all the week. Roads are better and ploughing has been resumed.
The following exchanges have been made during the wsek :
The thermometer has averaged 60, ranging from 48 to 73. There
*16 pd to exch. BOO Feb. for March.
I "82 pd to exch. ICO Feb. for April. >
•15 pd to exch. 5 f! Feb. for March.
I *16 pd to ex*, h. 200 Feb. for March.
has been a rainfall during the month of three inches and seventy•81 pd to exch. 800 Feh. for April.
| *27 pd to exch. 2C0 Sept, for August.
one hundredths.
•81 pd to exch. 500 Feb. for April.
| *27 pi to exch. 800 March for May.
Corsicana, Texas.—There has been no rain here this week.
The following will show the closing prices bid for future de¬
We have had beautiful weather, and ploughing is progressing.
livery* and the tone of the market, at three o’clock P. M. on the.
The thermometer hss ranged from 34 to 71, averaging 50.
We
several dates named :
have
had
four
and
ninety-one
hundredth
inches
of
rain
during
MTDDLIK0 TTPIONDS—▲XBBICM.N CUa.8SIPI01.TT0N.
Fri
Thurs.
Wed.
the month just closed.
Tues.
Mon.
Sat.
FrL
11-51
11*65
11*66
110
800
1,9<ju total Oct.
11-72
11*75
11*76 1
200
800
400
For November.
100
10-95
•
Market— Variable.
10 93
January
10*93
February
ins
March
11-27
April
May
June
August
September.....
October
November.....
Tranaf. order*.
Closed—
Gold..
Exchange
..
..
11-00
11-01
11-16
11*30
ill'4
11-05
11-22
11-81
11*50
•
10*88
11-47
11*87
11*00
11-63
11-69
11-74
11-41
11-21
11-02
11*10
11-55
ll-f3
11*68
11*41
11-20
li-co
11 06
11-50
11-56
11-63
11*35
11-18
10-97
11-00
1101
11-16
11-29
11-42
11-49
11-54
11-28
11-03
10-92
10-90
Pull.
ioi x
Firm.
101X
Steady.
101V
Quiet.
Steady.
4-80
4*80
11-40
11-52
11 60
11-61
11*57
1113
11-00
The Visible
11-11
11-25
4.8j
•
10-95
11-07
11-21
11*02
11-81
11-46
11*89
The continental stocks
it having been warm and dry
are
but far from good.
Small grains are promising.
continues even at this late date.
Average thermometer
11*12
11*27
11*10
-
Firm.
11*51
11*57
11*64
11*37
11 16
11*03
11-05
Steady.
102
4 80
102
4-81
by cable and
are' the figures
and the afloat
consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Feb. 1). we add the item of export*
from the united States, including in it the export* of Friday
of last Saturday, but the totals for Great Britain
for the Continent are this week’s returns, and
1878.
only:
641,000
15,253
Stock at Liverpool
Stock at London
Total Great Britain
stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental
ports..
35,250
556,250
816,250
155,000
3,750
28,000
7,000
33,500
24,250
165,500
8,500
9.000
3,500
5,500
8,750
7,000
1876.
1875.
743,000
72,250
773,000
126,250
815,250
217,500
899,250
4,500
10,250
60,000
50,000
12,500
40,500
49,250
1877.
781,000
3,000
56,000
15,000
40,250
55,500
during the week,
throughout. Roads
practicable,
Immigration
50,
highest 70 and lowest 35. Rainfall for the month of January
three inches and ninety-one hundredths.
Breriham, Texas.—The weather during the week has been
favorable and work actively resumed. Wheat is coming up well.
There has been no rainfall. There is increased small grain plant¬
ing.
Average thermometer 61, highest 74 and lowest 50. The
rainfall for the month is three inches and six hundredths.
New Orleans, Louisiana.—We have had rain on two days dur¬
ing the week, the rainfall reaching one inch and eight hun¬
dredths. The thermometer has averaged 54. We have had five
and forty-nine hundredths inches of rain during January.
Shreveport, Louisiana.—The character of the weather is retard¬
ing agricultural pursuits. Ploughing has been commenced by &
few, and will be general in a few days, if not prevented by
atmospheric perturbations. Average thermometer 52, highest
66, and lowest 38. The rainfall during the week has been one
Dallas,\Texas.—We have had fine weather
•
16*97
11 00
Supply of Cotton, as made up
telegraph, is as follows.
•
11*54
11*59
11*82
l'tt X
4 80
1 Oiii
4-9U
Higher
Steadier.
Lower.
10*67
Lower.
10*93
10*97
Easier.
Higher.
inch and ninety
118,250
15,500
42,030
45,030
15,250
11,750
10,500
14,500
4,750
14,000
hundredths.
Vicksburg, Mississippi.—Telegram not received.
Columbus, Mississippi—The rainfall during the
week has been
eighty-seven hundredths of an inch. *
Little Bock, Arkansas—The weather last week was fair,
excepting Saturday, when we had a light rain. Average
The rainfall was
mometer 52, highest 78, and lowest 27.
fifteen hundredths of an inch.
During the week just closed it
clouded Saturday, but Sunday and Monday were clear. Since
then it has been cloudy, with heavy rains and a slight fall of
sleet this morning.
The thermometer has averaged 51, the
highest being 82, and the lowest 29. The rainfall is two
ther¬
and twenty seven
inches
hundredths.
days of the
hundredths.
The
1,218,250
1,237,250
826,750
1,174,750
Total European stocks
and
the
low-.
192,000
84,000
119,000
72,000
India cotton afloat for Europe....
465.000 est 38.
568,000
549,000
American cotton afloat for Europe 578,000
43,000
75,000
77,000
23,000
Egypt, Brazil, Ac.,afloat for E’rope
Memphis, Tennessee.—It has rained on three days, the rainfall
921,569
830,753
892,781
907,402
Stock in United States ports
reachi g one and seventy-six hundredths inches, and the feat of
134,127
142,3:5
99,515
146,431
Stock in U. 8. interior ports
26,000 the week has been cloudy.
7,500
About all the crop in this section
33,000
29,000
United States exports to-day
has now been secured, and it is being marketed as freely as
3.064.846
2,912,358
2,907,446
Total visible supply.
baies.2,582,643
‘6*d.
7*@7Xd. the roads will permit. Average thermometer 49, highest t>2 and
6*d.
Price Mid. Uplands. Liverpool ...6 3-l6d.
lowest 34.
These figures indicate a decrease in the cotton in sight to-night
Mobile, Alabama.—One day this week has been showery, and
of 824 8 8 bales as compared with the same date of 1877, a it
ned severely one day, the rainfall rea hing one and fifty
decrease of 4S1/103 bales as compared with the corresponding hundredths inches; two days of the week have been cloudy and
date of 1876, and a decrease of 329,685 bales as compared three pleasant. The thermometer has averaged 54, the highest
with 1875.
beinur 72 and the lowest 41.
We h^ve had * rainfall during the
At the Interior Ports the movement—that is the reseipts past month of four and fifty-seven hundredths inches.
Montgomery, Alabama.—We have had rain on five days, but
and shipments for the week, and stock to-night, and for the
the wee^ closes there has been a favorable change in the
corresponding week of 1877—is set out in detail in the following weather. The th rmo ■ eter has ravged from 70 to 37, averaging
statement:
61. The rainfall has been two and forty-^ix hundredths inches,
Week
and during the month five and thirty-nine hundredths inches.
Feb.
2,
1877.,
ending
Week ending Feb. 1, 187a
Selma, Alabama.—The weather during the week has been very
Stock.
Receipts. Shipments. Stock. Receipts. Shipments.
bad.
It has rained on four days, and is now raining.
8,508
10,750
4,142
21,455
6,136
4,306
Madison,
Florida.—We have had rain on two days the earlier
Augusta, Ga
2.030
954
9,743
1,068
19.8i A
1,778
Columbus, Ga
portion
of
the
week, with a rainfall of one inch and sixty-five
2,161
9,283
1,034
8,367
1,971
1,594
Macon, Ga
600
447
but
the latter part has been clear and pleasant. The
hundredths,
6,14!
16,858
1,801
1,738
Montgomery, Ala..
1,157
3,999 thermometer has averaged 59, the highest being 66, and the
3,224
9,316
2,143
Selma. Ala.
22,416
52,795 lowest 52.
12,409
15.063
12,383 64,250
Memphis, Tenn
About all the crop in this section has now been mark¬
1,202
6,804
2,153
6,921
2,417
2,396
Nashville, Tenn...
eted.
99,515
33,077
2\678
29.018
28,886 146,491
Macon, Georgia—It has rained here on two days of the week.
Total, old ports.
The thermometer has averaged 51, the highest being 70, and the
590
577
691
645
2,281
1,051
Dallas Texas
2,205 10,166 lowest 82.
2,814
3,500
1,600
2,100
Jefferson, Tex. (<#*)•
8,553
7,423
7,918
Atlanta, Georgia.—It has rained steadily two days of the week,
12,395
2,975
4,360
Shreveport, La
4,292 the rainfall reaching one inch and sixty-four hundredths.
5,580
6,414
7,573
8,110
7,266
The
Vicksburg,Miss....
503
2.S48
994
1,816
5,082
719
270,500
Total continental porta
358,500
422,000
314,000
Nashville, Tennessee.—Rain has fallen on three
week, to a depth of one inch and eighty-nine
thermometer has averaged 45, the highest being 52,
..
ra
as
;
-
•
825
«.
Columbus, Miss....
Bufaula, Ala
520
182
944
197
2,790
1,383
1,728
8,529
6,042
8,607
1,275
Total, new ports
Total, all
Griflln, Ga
*
Atlanta, Ga
Rome, Ga
Charlotte, N.C
St. Louis, Mo.
Cincinnati, O
4,875
1,931
12,592
611
855
616
465
1,293
8,059
4>8
983
5,699
5,646
1,613
36,016
5,957
1,543
9,157
86,264
83,915
98,038
87,839
65,282
62,801
344,494
59,717
1,817
687
.
6,747
.
A975
.
1,063
3,030
1,086
1,188
929
10,327
4,396
33,282
39,482
83,725
13,619
72,559 182.240
th rmometer has
-
averaged 47, the extremes being
34 and 60.
Columbus, Georgia.—It has rained hqre steverely three days,
rainfall of three inches and fifteen hundredths.- The
with
ther¬
mometer has averagfd 49.
'1 here has been a rainfall during the
month of four inches and ninety-five hundredths.
8avannah, Georgia.—We have had rain on three days, but
the balance of the week has been pleasant." Average ther¬
mometer 56, highest 74, and lowest 42.
The rainfall has been
a
eighty-two hundredths of an
inch.
February
121
THE CHRuNICLEL
0, 187a J
DECEMBER.
Augusta, Ga.—The earlier part of the week the weather was
clear and pleasant, bat daring the latter portion we had heavy
;
Montgomery—
Rainfall—Inches
Thermometer—Highest.
high-water mark.
.Abovelow-water mark..
Memphis
Nashville.... .Above low-water mark..
Shreveport... .Abovelow-water mark..
Vicksburg... .Abovelow-water mark..
New Orleans. Below
.
25
31
1
0
..
days of rain
“
^Average...
inch thick
4
8
4
New Orleans—
Rainfall—Inches
Number
days of rain
...
Thermometer—Highest.
“
Lowest....
Average...
“
Columbus, Miss—
Rainfall—Inches
NTnnber days of rain
“
. r
Lowest..
“
Average
Heavy storm
..
...
314
-14
730
17*0
46-3
5*15
3*27
18
13
780
36*0
61*5
14
76*0
41*0
58*8
8*32
2*76
13
6
....
340
55*5
*44*0
48*1
519
350
8
“
Lowest....
“
Average
_
....
....
....
4*58
12
73-0
24*5
43-9
....
“
Lowest
....
....
“
Average...
....
.
^
„
...»
....
....
....
...
....
....
....
..
5*20
10
69*0
160
39*2
4*20
10
78*0
25*0
55*2
5*74
15
690
5*61
5*00
7
76*0
32*051*7
+
Vicksburg—
2*86
6
730
23*0
54*1
Rainfall—Inches
Number days of rain/.
Thermometer—Highest.
..
“
Lowest....
“
Average
...
25*0
56*8
Gale
10
13
79*0
-
13*5
41*2
Slight formation of ice December 1, 1877.
Vf. backing to W., velocity 36 miles.
4*75
■
on
78*0
33*0
53*3
f
the 29th, wind
"
N.
Wilmington—
Rainfall—Inches
of rain
Thermometer—Highest..
9
14
.
“
Lowest....
“
Average
...
3*20
8
770
180
51*8
5*48
613
Number days
730
25;0
69-6
....
*510
39*1
2*67
13
78-0
260
49-4
Shreveport—
Charleston—
Rainfall—Inches
Number days of rain
Thermometer— Highest. ..
a
Lowest....
“
Average
...
4*22
5-85
13
690
330
11
65*0
230
44-1
54-1
the 6th to 22d of December,
6th, 8th and 10th.
2-94
8
1*92
14
74*0
250
54*1
73 0
33 0
53*1
Frosts
during iirst half of
Nashville—
Augusta—
1877. Frosts on the Thermometer—Highest..
Lowest....
.
“
Thermometer—Highest.
..
Lowest....
Average. ..1
Frosts December 1st, 2d,
“
71-0
20*0
24*0
50*2
404
11
77*0
28*0
49*1
3*55
13
770
210
52*1
5-17
11
650
3-22
10
39-1
Average...
Little Rock—
Rainfall.. Inches
Nnmhftr
of min
Thermometer—Highest.
“
Lowest
*
“
3d, 9th, 10th, 11th, 12th, 13th and 15th,
51*2
41*0
29*0
55*0
0*74
9
64*0
6*0
30*8
4*55
11
73*0
12*0
49*2
2*00
4*50
..
-1
Average.
11
690
17*0
48*2
6*68
8
810
50*0
35*0
200
370
4*44
15
70*0
20*0
50*5
2*14
15
62*0
3*0
32*6
12*0
—
6*95’
-
15
77*0
33*0
53*0
month.
2*49
Rainfall—Inches
Number days of rain
“
Rainfall—Inches
Number days of rain
..
Lowest....
Average...
“
740
220
7
Thermometer—Highest.
9*54
13
79*0
2*38
8
70*0
17*0
3*75
Rainfall—Inches
Number days of rain
“
“
9*57
8
Fayette—
December 30,1877.
No rain fell from
4*96
10
Thermometer—Highest.
1874.
14
Ice one-half
9th and 10th 1877.
71*0
..
Rainfall—Inches
Number days of rain
1*94
11
590
11-0
33*6
71*0
34*0
54*3
the 1st and 2d.
on
Thermometer—Highest...
4-34
13
650
250
45*9
75*0
30*0
57 6.
Frosts December 1st, 2d 7th, 8th,
DECEMBER.
Norfolk—
3*01
10
4*17
14
73*0
26*0
44*4
73*0
260
54*3
“
December.—The following are the rain¬
fall, range of thermometer, &c., for December of the past four
These statements are all of them made up from the
years.
observations of the Signal Service Bureau, except for the few
places at which the Bureau has no station.
Rainfall—Inches
Number days of rain
Thermometer—Highest.
7*18
10
76*0
32*0
51*7
Average
2d, 3d, 7th, 8th, 9 th, 10th, 11th and 12 th. 1877.
Thermometer—Highest...
ts^Lowest....
Ineu
4
8
1875.
5*99
514'
15\
15
75*0
23*0
54*8
Lowest....
Number
Weather during
1876.
6*04
Mobile—
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or 16 feet above low-water mark at that point.
1877.
5*97
15
69*5
20*0
41*8
“
Rainfall—Inches
New Orleans
Stations.^
4*79
9
710
24*0
52*5
Drought from the 6th to 21st.
,
Feet.
8
29
8
11
34
1875.
“
...
•
Inch.
7
8
3
1876.
Frosts December 1st,
has ranged from 43 to 67, averaging 54.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o’clock
Jan. 31. We give last year's figures (Feb. 1, 1877) for com
parisoB*.
Feb. 1, 7J.—>
Jan. 31, *78.-*
Feet.
6
16
18
1874.
1877.
*
Number days of rain
The thermometer
*
i
Stations.
three day, the rainfall reaching one inch and thirty-four
hundredths. Planters are sending their crop to market freely.
Picking in this section is pretty well completed. Average ther¬
We have had a rainfall
mometer 49, highest 71 and lowest 34.
daring the month of four inches and fifteen hundredths.
Charleston, South Carolina.—We have had heavy rain on two
days, with a rainfall of three inches and sixty, six hundredths.
rains on
4*19
12
75*0
27*0
44*0
....
....
•
•
•
•
....
•
-
•
•
....
....
1877..
Memphis—
Atlanta—
Rainfall—Inches
NirmliAr rtavs of
“
Lowest
"
Average...
—
Savannah—
Rainfall—Inches
Number days of rain
..
Lowest....
Average
...
Frosts
6
6
600
140
400
66*0
210
550
4*81
13
650
200
44’9i
406
Thermometer—Highest.
u
3*44
rain
Thermometer—Highest—
u
3*90
12
710
290
551
1*41
8
800
1*66
11
760
370
54*6
11
620
290
500
250
56*0
Rainfall—Inches
Number days of rain
Thermometer—Highest..
“
“
“
Lowest....
“
Average...
Average
Heavy frosts
the 12th.
8
680
200
....
220
“
11
..
Lowest....
'
Average...
680
35*0
55*9
and 7th, 1877.
days of rain.
....
Number
....
Thermometer—Highest.
“
..
Lowest..
-
“
Average
..
...
.
2*94
3
72*0
27*0
45*6
6*92
9*71
13
73*0
40*0
61*6
18
72*0
39*0
59*5
-
-
Indlanola—
Rainfall—Inches
11
74*0
21*0
49*3
3*71
8
70*0
26*0
50*2
5*86
Thermometer—Highest.
5*54
and 9th, 1877. Light frost on
GALVE8TON—
t'
Rainfall—Inohes
Number days of rain
500
54-0
44*0
....
6-96
16
...
December 2d, 3d, 7th, 8th
Frosts December 1st
3*88
8
740
6*17
.
Lowest
“
560
8
Thermometer—Highest—
5*92
13
77*0
33*0
56*5
2*48
6
720
120
57*0
6*96
8
77*0
40*0
3*96
11
75*0
22*0
51*7
2*22
6
6*28
8
76*0
30*0
54*2
62*0
4*86
6 :
77*0
40*0
59*1
.
.....
..
Macon—
'
.
Thermometer—Highest.
..
“
Lowest....
**
Average...
—
m
1*63
511
511
Rainfall—Inches
Number days of rain
*
300
Decemberfc2d, 7th, 8th, 9th, 10th, 11th and 13th, 1877.
Columbus, Ga.—
Rainfall —Inches
Number days of rain
-
614
11
710
120
550
^
^
.....
.
68*0
160
380
680
210
490
...........
Thermometer—Highest.
“
«
“
..
Lowest....
Average...
.
..
Lowest....
“
*
74*0
260
58*0
3*42
0*65
Corsicana—
Rainfall—Inches
days of rain
Thermometer—Highest..
Number
“
Average...
...
3*32
9
74*0
Average...
Heavy thunder and rain storm December
aged cotton, and washed away bridges.
'
120
57*0
15*
75*0
32*0
51*1
3d, 1877, destroyed and dam-
-
810
28*0
58*0
....
290
57*3
....
7*79
8*51
7
11
74*0
24*0
53*7
4
72*0
9*52
X
79*6
Dallas—
35*0
59*1
Number days
3*17
5
of rain
29th to 31st Thermometer—Highest
Lowest
—
“
*490
44*9
;
304
13
78*0
27*0 J*
56*2
5*10
0*50
74*0
150
....
« mm m
....
....
....
....
....
....
....
*
“
,
1*80
Average—
....
10
75*0
25*0
55*2
....
,
1st to 7th, 1877.
s • • *
1
J
.•
7
-
Brenham^-
Rainfall—Inches
Number days of rain
Thermometer—Highest—
“
Lowest....
Severe frosts December lse and 2d, 1877.
.
Lowest....
-
“
Rilling frosts and ice December
days of rain
Thermometer—Highest.
_
■
.
Rainfall—Inches..
Number
-
770
18*0
60*0
Storms December 5,1877, wind 8. E. to 8. W.; from the
wind 8. W. to W. Heavy frosts on the 7th, 9th and 13th.
Saint Marks—
•
■;t
Jacksonville—
Rainfall—Inches
Number days of rain
.
4*09
*
Range.
5*07
7
73*0
39*0
.
...
....
•
•
*
•
....
....
....
....
....
....
....
Port Receipts and
Daily Crop Movement.—
comparison of the port movement
the weeks in different years do not
by weeks is not accurate,
Comparative
A
end on the same day of the
month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
RECEIPTS PROM SATURDAY, JAN. 26, ’78, TO FRIDAY, PEB. 1, ’78.
as
(VOL. XXVI]
187 .
THE CHRONICLE
122
while
27,750 bales.
Britain the past week, and 9,000 bales to the Continent;
the receipts at Bombay daring this week have been
The movement since the 1st of January is as follows. These are
the figures of W. Nicol A Co., of Bombay,
are
down to Thursday, Jan. 81:
Shfpm’ta this week—* ^-Shipments since Jan. 1.—* ,—Receipts.—*
Great
ConGreat
ConThis
since
Total.
week. Jan. 1.
Britain, tinent Total. Britain, tinent
19,000 39,000
114,750
10,000
9,000 19,000
58,000 87,750
7,COO
1,000
8,000
33,000 15,000
48,000 15,000
92,000
1876
22,000 21,000
78,000
43,000 18,000
From the foregoing it would appear that, compared with last
brought
and
.
of 11,000 bales in the week’s ship¬
total movement
New
of
10,000 bales,
Total.
All
Nor¬ ming¬
Char¬ Savan¬
Mo¬
Or¬
Days of
compared
witn
the
corresponding
period
of
1877.
others
ton.
folk.
ton.
leston nah.
leans bile.
week.
Gunny Bags, Bagging, Etc.—Bagging still rules very quiet
537
1,374 22,804 and
2,946 2,397 2,636
5,236 2,09?
there have been no large transactions that we hear of, the
5,531
Saturday
864
1,702 37,400 business being only for small lots.
There are orders in market
3,344
3,686
3,118
2,SOS
2,891
19,487
Monday
for standard at 10c., but this is below the view*’of holders, who
229
24,168
2,834
1,976
1,137
2,308
3,473
7,750 4,381
ask 10£@10fc.
Tuesday
Butts are ruling firm in price, and there is a bet¬
235
1,205 27,805 ter demand to be noted. The sales for January foot up about
2,835
2,673
1,776
808
1,838
16,434
Wednesday..
At the close,
18,514 9,000 bales on spot at 2£@2 15-16c., cash and time.
57
1,414
2,669 2,177 1,011 2,249
1,111
Thursday.... 7,S26
prices
are quoted at 2£@2 15-16c., cash and time, with but little
150 11,689
28,495 to be had at a lower figure.
518
2,292 2,382 2,087
The sales of parcels to arrive have
7,757 1,620
Friday
been 2,000 bales at 2$c. currency and 2$c. gold.
The stock in
159,186
20,263
1,572
15,128
13,286
64,815 16,097 13,403 14,617
Total
New York on February 1st was 5,300 bales and 800 in Boston.
Calcutta advices just to hand report the market firm and but
The movement each month since September 1 has been as light shipments expected to be made during the present month.
PORT
Wil¬
Gal¬
ves¬
year, there has been an increase
ments from Bombay to Europe, and that the
since January 1 shows an increase in shipments
....
•
follows
New York this week show a
compared with last week, the total reaching 6,506
bales, against 8,072 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
for the same period of the previous year:
Exports of CoUon(balee) from New York since Sent.l. 1871
The Exforts of Cotton from
:
decrease, as
Year
Monthly
Receipts.
September
October
November
December
January
beginning September 1.
1877.
1876.
1875.
1874.
1873.
1872.
98,491
578,533
236,863
675,260
901,392
787,769
500,680
169,077
610,316
740,116
821,177
637,067
134,376
536,963
676,295
759,036
115,255
355,323
576,103
184,744
444,003
811,668
530,153
524.975
444,05*2
707,168
669,430
822,493
900,119
689,610
WXXX ENDING
EXPORTED TO
Jan.
9.
2,253,305
Total, Jan. 31.. 3,089,246 3,101,969 2,977,753 2,550,727 2,560,517
Percentage of total port
61*71
72*94
71*05
67*31
76-82
receipts Jan. 31
.
This statement shows that up to
ports this year were
February 1 the receipts at
12,723 bales less than in
than at the same time in 1875.
above totals to February 1 the daily receipts
we shall be able to reach an exact comparison
bales
more
the
Other British Ports
1876 and 111,493
By adding to the
since that time,
of the movement
for ttie different years.
1876-77.
1875-76.
1874-75.
1873-74
1872-73.
2,601,289
18,523
16,245
15.3S4
12,671
12,891
13,218
2,340,686
16,371
2,106,675
26,517
1,858,349
20,878
31,240
25,033
1,688,875
15,228
15,529
21,631
18,760
1877-78.
Total to Dec. 31 2,399,636
Receipts Jan. 1
Receipts Jan. 2
Receipts Jan. 3
Receipts Jan. 4
Receipts Jan. 6
Receipts Jan. 6
Receipts Jan. 7
Receipts Jan. 8
Receipts Jan. 9
Receipts Jan. 10
Receipts Jan. 11
Receipts Jan. 12
Receipts Jan. 13
Receipts Jan. 14
Receipts Jan. 15
Receipts Jan. 16
18,351
30,235
18,957
31,491
20,055
S.
31,768
24,319
17,404
19,321
29.232
27,093
S.
8.
27,877
14,735
14,174
15,706
19,317
19,037
33,738
8.
16,553
24,043
23,366
14,705
13,599
17,767
17,212
26,386
21,971
27,986
18,523
14,389
S.
32,192
25,942
23,840
16,790
24,787
21,842
S.
S.
10,043
9,764
40,990
8.
19,702
19,911
11,478
22,417
21,188
23,116
22,961
18,026
26,877
14,495
7,568
.
13,845
“s.
13,640
S.
36,925
32,478
21,893
23,215
23,147
19,512
S.
24,391
•
20,164
15,122
10,041
17,361
18,978
8,906
S.
.
15,304
S.
39,225
25,946
26,007
22,314
32,021
23,718
32,468
22,523
28,311
20,477
18,178
20,963
16,2:4
39,941
18,047
S.
21,004
17,621
25,419
23,144
20,984
13,467
19,715
15,178
25,290
16,943
14,946
16,571
28,414
28,916
27,698
S.
28.421
31,977
16,074
22,468
17,9S7
3,089,246
Receipts Feb. 1
Total Feb. 1..
Receipts Jan. 17
Receipts Jan. 18
Receipts Jan. 19
Receipts Jan. 20
Receipts Jan. 21
Receipts Jan. 22
Receipts Jan. 23
Receipts Jan. 24
Receipts Jan. 25
Receipts Jan. 26
Receipts Jan. 27
Receipts Jan. 25
Receipts Jan. 29
Receipts Jan. 30
Receipts Jan. 31
Total Jan. 31.
S.
38,030
29,497
27,091
24,583
S.
8.
8.
8.
8.
26,408
26,943
26,005
27,701
19,8C5
22,043
20,056
14,922
11,093
20,899
24,293
16,847
13,385
23,928
8,101,969
2,977,753
2,550,727
2,560,517
23,495
23,463
20,601
11,093
3,117.741
3,125,437
2,998,354
2,561,820
Perct. of total port receipts
77*40
32,762
S.
7154
73*25
19,994
26,728
8.
2,560,517
67 31
•
rto&Gibraltar&c
r
Total
Spain, Ac......
The
•
•
•
•
•
•
•
•
• •
....
•
•
• •
200,433
7,143
159,493
207,575
3,SOS
5,109
....
115
•
•
*
m •
•
•
•
•
•
•
•
•
•
11,778
2,219
.
•
« •
•
•
•
•
....
•
*
•
• •
•
•
'266
200
...
225,744
185,750
6.5C6
8.072
12,860
22,837
*
9,048
2,248?
1,586
“
8.840
..
• • •-
5,109
8,420
•
....
•
587
8,572
of cotton at New York, Boston,
and since Sept. 1, *77i
This
week.
New Orleans..
TVrftll
5,909
2,041
Savannah.....
Mobile..
2,737
This
100,127
2,122
41,587
106,681
670
7,138
*454
Florida
8’th Carolina
fTth Carolina.
'
1,117
2,041
3,939
Virginia
North’rn Ports
Tennessee, Ac
Foreign
3,593
Tetal this year
21,831
Total last year.
28,141
4,603
83,716
38,099
123,087
10,398
57,280
2,493
567,071
•
6,624
22,573
-
629
•
•
•
• ♦ •
•
•
•
.
1,222
15,981
•
•
•
•
week. Septl
•
I77
•
• • •
•
•
44,359
58,763
8,847 61,004
11,961 201,110
1*792
•
..
• •
t
7C9
41,535
l,i99
612
12,007
14,619
981
29,718
*325
4*,i37
•
••*
l‘,988
3.334
Since
This
Since
This
Since
Sept. 1. week. Septl. week. Septl.
•
....
Shipping
Since
BALTIXOBB.
PHILADELP’lA
BOSTON.
NEW YOBX.
bece’ts prom
IS,802
3,826 102,066
2,169 35,505
’
9,436 175,537
676,272
2,262 36,048
News.—The exports of cotton from
3,113 '62,678
the United
week, as per latest mail returns, have reached
105,849 bales. So far as the Southern ports are concerned, these
are the 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 Wyoming, 142 ...Helvetia,
1.007—Batavia, 2,328 ...Germanic, 1,468 ...per ship James
States the past
Foster, Jr., 1,566..
„
Liverpool, per steamers Chilian, 4,4C0....Missis*
sippi, 4,680—Oberon, 2,380 and 13 bags Sea Island... Colombo,
New Orleans—To
4,400 ...Gresham, 2,250....McGregor, 2,650....per
4,435
°
To Cork, per ship William Donglass, 4.875
To Havre, per barks Hasne Seimer, 1.641... Lincoln,
62*20
ffojp Bqmbay to Great
1,585
157,908
Philadelphia and Baltimore for the past week,
2,271,804
to-tfight are
day of the month in 1877, and 119,387 bales more than they
were to the same day of the month in 1876.
We add to the last
table the percentages of total port receipts which had been
received February 1 in each of the years named.
Bombay Shipments.—According to oar cable despatch received
•
following are the receipts
year.
5=7
•
•
11,766
Grand Total
•
•
636
290
others
This statement shows that
630
•
Total to N. Europe.
prev’us
date.
•
•
298
Hamburg
the receipts since Sept. 1 up to
still 7,696 bales less than they were to the same
6,506
• •
•
Other ports....
2,258,305
17,999
7,187
•
•
•• •
•
to-day,there have been 10,QOQ ba}$p shipped
•
•
•
29.678
36,471
S.
290
24,300
23,218
18,438
13 376
37,400
24,168
27,805
18,514
Bremen and Hanover.
8.
6,506
298
•
792
21,516
21,977
25,171
15.328
7,187
792
Total French—
Jan.
30.
toeriod
Total
to
•
7,942
Britain 10,684
Havre
S.
27,532
27,333
22,604
•
•
•
Other French ports
27,874
22,732
59,697
15,319
25,314
24,782
21,333
Total to Gt.
16.
23.
•
• • •
•
Jan.
7,943
10,684
Liverpool
Jan.
Same
»
bark Trans-Atlantic, 649
To Ronen, per
_
To Dunkirk, France, per schr. Martha N.
To Rotterdam, per bark Imperator, 663
To Antw erp, per str. Llleton Castle, 2,391
Hail» 8*0
ship Cosmos
2,935.
*
..
...
bark Industrie, 667
Mobile—To Havre, per bark Rosa, 1,706.
.
Charleston—To Liverpool, per ship Princeport, 3,885 Upland and 379
Sea Island.
per barks Amelia, 2.(300 Upland and 96 Sea Island
Elvira Oamino, 867 Upland and 49 Sea Island..
To Cork, for orders, per bark Ausgar, 1.335 Upland
To Havre, per barks Fjelstadt, 1,619 Upland and 80 Sea Island....
Manuel, 1,818 Upland
To Genoa, per
.
....
6,506
25,099
4,875
4,578
- 649
3*0
668
2,391
667
1,706
7,226
1,385*
To Bremen, per bark Alpha, 1,5*5 Upland..
to Amsterdam, per bark Gleneida, 2,531 Upland
To Barcelona, per
1,625
3,531
...
brigs Luis, 460 Upland... Tres Doroteas, 720 Up¬
land....per schooner Thomas P. Ball, 1,813 Upland
2,493
Port JRoyjll—To Liverpool, per ship Alexander, 4,061 Upland.. :....
4,061
iuvannah—To Bremen, per steamer Consolation, 2,815 Upland....per
"
ship Alexandra, 3,1S15 Upland
8,000
bark Rath, 1,725 Upland
To Genoa, per
v
.
.per
brig Alice Bradshaw,
1,010 Upland.
- •
'Txtab—To Liverpool per steamer Australian, 6,919... .per
A*Childer,
3,735
.•••• • • • • •
bark Maggie
10,797
brie Bella, 1,881.... 8,303
721
Norfolk—To Liverpool, per steamer Mayaguez, 2,375
2,375
Baltimore—To Liverpool, per steamers Explorer, 604 ...Sardinian,
1,104....
I»f08
Boston—To Liverpool,'per steamers Bavarian, 3,661.... Istrian, 2,871....
Thursday.
Jan. delivery, 6K®3-32d.
Jan.-Feb. delivery, 6 l-16d. *
Feb.-Mar. delivery, 6 l-16dL
Apr.-May shipm't,
...
per
Massachusetts, 1,836
6,868
Philadelphia—To Liverpool, per steamer Illinois, 40 ...per bark Jas.
1,143
Wright. 1,103
Feb. delivery, 6 l-16d.
Mar.-Apr. delivery, 6 l-16d.
Mar.-Apr. delivery, 6 l-i6d.
May-Jnne delivery, 6Xd.
June-Jnly delivery, 6 3-16d.
Jan.-Feb. shipment, new crop, sail,
Apr.-May delivery, 6 3-S2d.
JuUe-July delivery, 6 5-820.
Feb.-Mar. shipment, new crop, sail*
6 5-320.
6tfd.
Friday.
Feb. delivery, 6 l-16d.
Feb.-Mar. delivery, 6 l-16d.
Feb.-Mar. shipment, new crop, sail.
Mar.-Apr. delivery, 6 l-16d.
Mar.-Apr. shipm’t, sail, 6 8-16d.
6)4 d.
Feb.-Mar. delivery, 6 l-16d.
Apr.-May delivery, 6 3-32d.
May-Jnne delivery, 6)4 d.
Jnne-Jnly delivery, 6 5-32d.
Jan. shipment, new crop, sail, 6#d.
Feb.-Mar. delivery, 6 l-32d.
Jan.-Feb. shipment, new crop, sail,
Mar.-April delivery. 6 3-32d.
Apr.-May delivery, 6)4 d.
May-June delivery, 6 6-32d.
Jan.-Feb. shipment, hew crop, sail.
6tfd.
Feb.-Mar. delivery, 6 3-32d.
6 3-32d.
Total
The particulars of
are as
••...105,349
......
these shipments, arranged in
follows:
Havre,
Bre-
Ac.
men.
Cork.
pool.
York... 6,506
-....
....
4,875
N ew Orleans.25,099
Mobile.....• ....
Charleston.. 7,326
Port Royal.. 4,031
8&VAQQ^< ••• ••••
10,797
Texas
Norfolk..
usual form,
1,385
and
....
..
••••
••••
•
Ant-
....
....
6,506
....
1,525
2,531
2,492
....
89,240
1.706
18,186
••••
••••
«...
••••
••••
4.061
•
• •••
••••
2,735
••••
....
663
....
...
2,391
....
....
....
667
....
....
3,303
721
••••
....
••••
••••
••••
....
. .••
••••
••••
• •••
....
••••
••••
••••
••••
••••
•
••••
• •••
....
8,735
14,821
2,875
1,70S
6.S68
• •••
....
*•••
....
1,113
6,003
Baltimore.... 1,708
Boston
6,868
«•••
. •••
«•••
Philadelp’a.. 1,143
••••
••••
«...
1,260 13^581
Total....65,783
Below we give
M46
2^1 27l92
3,194
3,402 105,549
all news received to date of disasters to vesgels carrying cotton from United States ports, &c.:
Fitzroy, str.(Br.), from New Orleans via Norfolk for Liverpool, which*rrived
January 8th, with cargo shifted andvessel listed, had cargo
restowed witubut dischargiu?, and proceeded on her voyage 15th.
Herman Livingston, str., from Savannah to New York, broke her shaft 40
miles north of Prying Pan Shoals and put back to Tybee Jan. 25
Rio Grande, str., from Galveston for. New York, sailed from New Orleans,
Jan. 25.
Baring Brothers, ship, Thorndike, from Norfolk for Liverpool, collided
with the Spanish steamer Ponce, in the Mersey, off Liverpool, Jan. 22.
The steamer was sank and two of her crew drowned. The Baring
Brothers was much injured and made water rapidly. She was towed up
the river and grounded.
She was entering the river in tow when she
was struck by the Ponce. A heavy fog prevailed at the time. ,Her cargo
will all be discharged in a damaged condition.
Haaret, bark (Nor.), Olsen, from Wilmington, N. C., for Bremen, arrived at
Dartmouth on Jan. 24, slightly damaged.
National Eagle, bark, Freeman, from Savannah, Dec. 16, for Liverpool, put
into Falmouth, Eng., Jan. 27, leaky.
Christie C. Colson, brig, from Mobile for Amsterdam, with cotton, put into
St. Thomas Jan. 12
leaky, and
was
discharged on the 18th.
pool.—Estimated sales of the day were 7,000 bales, of which
500 bales were for export and speculation. Of to-day’s sales
5,600 bales were American. The weekly movement is given as
follows:
Jan. 18.
Jan.11.
bales.
Sales of the week
60,000
Forwarded
8,000
Sales American
41.0C0
which
of
exporters took.
6,000
of which speculators took
1.000
Total stock
885,000
62,000
7,000
42,000
3,0C0
Jan. 25.
Feb. 1.
44,000
7.000
51,000
10,000
39,000
8,000
1,000
541,000
371,000
140,000
129,000
4,000
317,000
•
80,000
2,000
1,000
445,000
2.010
392,000
of which American
213,000
233,000
289,000
Total import of the week..
87,000
74,000
107,000
of which American
28,000
62,000
92,000
Actual export.
5,000
8,000
6,000
Amount afloat
358,000
415,000
389,000
of which American
833,000
386,000
365,000
285,000
The following table will show the dally closing prices of cotton for the week ;
Spot.
Satur.
Mon.
Wednes.
Thurs.
Tues.
Fn.
Mid. Upl’ds
®6X
„®6*
..®6*
..@6 8-16
..®6X
MicLOrrns
®$X
..<2W
..®6X
,.®8 7-16
....
•
are on
•
•
•
■
•
the basis of
Uplands, Low Middling clause, unless other¬
Saturday.
s
Jan. delivery, 6 5-32®3-16<L
Feb.-Mar.
Feb.-Mar. delivery, 6)£®5~82d.
Mar.-Apr. delivery, 6 5-32®3-16®5-32d
Apr.-May delivery, 6 3-16d.
May-June delivery, 6J£d.
Juue-July delivery, 6 9-32®5-16d.
shipment,'' new crop, sail,
7-32®*d.
Dec. shipment, new crop, sail, 6 S-!6d.
Feb.-Mar. shipment, new crop, sail,
6
6 7-S2d.
Monday.
Jan.
delivery, 5 7-32d.
May-June delivery, 6 9-32(®j£d.
Juue-July delivery, 6 5-!6d.
Jan.-9'eb. delivery, 6 3-16d.
Feb -Mar. delivery, 6 3-16d.
Mar.-Apr. delivery, 6 3-161.
Dec. shipment, new crop, sail, 6 7-32d.
Apr.-May shipment,
Apr.-May delivery, 6)*®7-32d.
shipment, new
Jan.-Feb.shipm’t,
crop, sail,
new crop, sail,
new
crop,
6 ll-32d.
Juue-July delivery, 6 ll-32d.
Dec.
d.
sail
Feb.-Mar. delivery, 6 5-32d.
Jan. delivery, 6 3-16d.
Steam,
d.
Saturday.
Monday..
—
—
Taesday.
Wed’day.
®£
Jan,-Feb. delivery, 6)tfd.
Feb.-Mar. delivery, 6^d.
Mar.-Apr. delivery, 65-3i(g^d.
Apt-May delivery, 6 3-16d.
May-June delivery, 6 7-32d.
Juue-July delivery, 6jfd.
Dec. Bhipm’t, new crop, sail, 6 3-16d.
—
Thur’dy..
Friday... —<2
Feb.-Mar. shipment, new crop, sail,
6 3-16d.
Wednesday.
;
jRf-^g^Praeut,
gall, 6 7-32d.
delivery, a 5 82d.
“•-Apr. delivery, 6*d.
.
6 3-16d.
.
Jan. delivery, 6#d.
Jan.-Feb. delivery, 6 3-320.
Feb.-Mar. delivery, 6 3-32d.
Mar.-Apr. deliv’ry4 6 3-32d.
May-June delivery', 6 5-320.
Jone-July delivery, 6 7-320,
Jmy-Aug. delivery, 6*d.
-
May-June delivery, 6 3-16d.
Apr.-May delivery, 6 5-32d.
Jan-Feb. shipm’t, new crop, sail,
.
.
Apr.-May delivery, 6 5-32d.
June-July delivery, 6#d. r
Jan.-Feb. shipment, new crop, sail,
6 5-32d.
Feb.-Mar. shipment, new crop, sail,
6 3-16d.
Jan. delivery,
6Xd.
—
Feh.-Mar. delivery, 6>f®3-32d.
Mar.-Apr. delivery, 6 3-32d.
Apr.-May. delivery, 6Xd.
Bail.
Steam,
c.
lA@X
11-16 cp.
11—16 cp.
11-16 cp.
11-16 cp.
11-16 cp.
% comp
Sail.
c.
11-15 cp.
Si
Si
Si comp
Si comp
—
M cp.
M cp.
Sail.
Steam.
c.
c.
c.
% comp.
Zi comp.
X cp.
% comp.
X comp.
X comp.
X comp.
X cp.
X cp
X cp.
BRE ADSTUFFS.
Friday, P. M„ Feb. 1, 1878.
The flour market
Tuesday there
for
generally quiet in the past week, but
was
was a
on
considerable business for export at $5@5 15.
Liverpool, etc., $5 50 for good do. for
LondoD, and $6@6 20 for fancy for the West Indies; and there
extras for
common
additional trade of this sort
Wednesday and Thurs¬
day, but with no other effect on prices than to give them a stead¬
iness which had been wanting.
Supplies are large at all points,
and the local trade buy only to supply immediate wants.
To¬
day, the market was dull and prices nominal.
was some
The
on
wheat market has been variable in tone,
fluctuations in
quotations
were not great.
though the
No. 2 Milwaukee sold
in considerable lines at
also, No. 3 to
some
$1 28@1 29, and No. 1 do. at $1 S2@l 33;
extent at $1 22(3)1 24, in store and afloat
Michigan and State declined to $1 42(3)1 43
red winter has been
nearly nominal at $1 34(3)1 35.
;
No. 2
The specu¬
lation in
early futures has been sluggish at prices slightly under
Receipts at the Western markets are greatly iu
of a year ago, but supplies show no important accumu¬
To-day, the market was dull, and spriDg growths weak,
spot values.
excess
lation.
but white rather firmer.
Indian
has
also been
quite variable in tone, with the
only moderate. Prices fluctuated but slightly, however.
Receipts at the West are less liberal, and supplies at this point
are quite moderate.
Leading prices yesterday were 47c. for No.
3 mixed, 56@57c. for steamer mixed and yellow, and 59@61c. for
prime old mixed, in store and afloat; for winter and spring
delivery, steamer mixed 55@56c., and No.. 2 new at 58c. The
supply of Southern corn somewhat increased and new Delaware
yellow met a steady sale at 56i@58ic. To-day, new was one cent
lower; No. 3 mixed, 46c. and steamer 54£@55c., and the latter
sold at 54Jc. for February and 54f c. for May; new No.
2,58cfc
for March and April.
Rye has been more active ior export to Germany at 71£c. for
No. 2 Western and 74@75c. for No. 1 State. Barley has also
been more active, mainly in prime two-rowed State, at
70c., and
feeding Western at 51@52c.
Oats have further declined, No. 2 graded going at 34|c^ for
mixed and 35c. for white.
To-day, the market was weak, but
without quotable decline.
The following are closing quotations:
com
demand
No. 2
Jan. delivery, 6 5 32d.
Steam.
Sail,
d.
comp
comp
comp
Flour.
6Xd.
Tuesday.
the past week have been as follows:
*
-Liverpool.
.—Havre.—, ,—Bremen.—» /—Hamburgh
choice white
•
Liverpool, February 1—4:00 P.M.—By Cablb from Liver¬
Futures.
These sales
wise stated.
Cotton freights
Bar-
Rotrd’m. werp. celona,Genoa.Total.
....
5,545
1,706
8,027
..»•
2,375
at Bermuda
Jnne-Jnly delivery, 6 3-16d.
Amsterdam
Liver¬
New
oar
safl,6Md
new crop,
Mar.-Apr. delivery, 6 3-S2d.
8,878
To Havre, per bark John C. Smith, 1,422
To Bremen, per brig Nord Deutsche, 721
A.
123
THE CHRONICLE
1878. |
February 2,
Grain.
f
« bbl.
|2 50§t 3 60 J Wheat—No.3spring,bush *1 20® 1 23
2
No.
Superfine State & West"
“ spring
*
1 25® 1 29
era....
4 20® 4 60
No. 1 spring
1 31® 1 33
3xtra State, Ac
Red Winter
5 00® 5 25
1 £2® 1 88
Western Spring Wheat
Amber do
J 35® 1 42
extras
4 !W® 5 35
White
1 35® 1 44
...
....
doXXand XXX.......
do winter X and XX..
do Minnesota patents..
City shipping extras
City
trade and, family
brands.
Southern bakers’ and fa¬
mily brands.
Southern shipp’g extras..
Rye flour, superfine
5 50* 5 75
5 10® 6 75
Corn—West'nmixed
Yellow Western, old
6 50® 8 60
5 10® 6 15
Southern, yellow,
Rye
6
Oats—Mixed
White
25® 6 50
5 75® 7 00
5 25® 5 60
3 50® 4 10
Oornmeal—western, Ac. 2 bC® 2 90
Corn meal—Br’wine. Ac.
3 15® 3 20
...
new..
(®
55®
70®
£8 a
Barley—Canada West...
State, 2-rowed
8tate, 4-rowed
Barley Malt—State
46®
.
....;
Canadian
Peas—Canada.bondAfree
61
....
58
75
85
84® -89
85® 1 00
65® 72
78®
62
65®
85
1 00® 1 IQ
85® 1 0&
The movement in breads tuffs at this market has been
iowB:
as
toU
[Vol. XXVI,
THE CHRONICLE.
n
«
18*78.
J
CPorthe
l.
J Same
>
time
Since
1877.
week.
Jan. 1.
Flour, obis.
S6.S27
C. meal, “
-4,570
Wheat, bus. 921,100
Corn,
" . 616,736
857,351
fe
3,42:1,180
1,429,478
192,253
12,869
249,446
791,797
474,057
492,529
18,585
.
“
Bye,
Barley. “
OatS...“
.
.
.
38,448
459,162
14,552
61,648
191,201
49,972
271,330
1878.
Since
For the
>
r
| week.
45,268
192,614
16,695
4,464
829,658
3,192,008
1,030,676
29,585
88,159
8,557
81,409
118,595
17,727
891 403
1877.
Since
For the
,
nesday 10,000 pieces of £
Jan. 1.
week.
Jan. 1.
wholesale buyers were. of a hand-to-mouth character. There
were some events of importance in the auction rooms. J On Wed-
tom.
sxpobts non waw
UOKrTS AT I*w YORK.—
34,996
101,824
1,917
9,371
171,860
964,997
309,965 1,023,403
26,004
18,020
68,671
87,300
878
6,798
worsted coatings, and 600 pieces of 6-4
diagonal cloakings of the manufacture of Scheppeis
Brothers were offered at public sale and attracted a good com¬
pany of buyers, but the prices obtained were generally low, and
a portion of the duplicates remained unsold.
On the following
day 1,200 cases of Lowell, Lancaster and Monadnock wide sheet¬
all-wool
Grain in sight and the move,
ings were presented for public competition, and the entire offering
mail dates:
was disposed of at rather low average prices.
1
RECEIPTS AT LAKES AND RIVER PORTS FOR THE WEEK BNDTTvG
Domestic Cotton Goods.—The exports of cotton goods from
[jAN. 26, 1878, FROM DECEMBER 31 TO JAN. 26, AND FROM
this port for the week ending January 29 reached 2,376 packages,
AUG. 1 TO JAN. 26.
Barley,
Rye. which were shipped as follows : Aden, 1,673 packages; Great
Oets,
Com,
Wheat,
; Flour,
bush.
bush.
bush.
bush.
bush.
bbis.
Al—
(196 lbs.)i (60 lbs.) (56 lbs.) (82 lbs.) (48 lbs.) (56 lbs.) Britain, 237; Venezuela, 168; Brazil, 108; Dutch West Indies,
39,560
140,451
232,563
411,894
43,945
524,194
Chicago..;
10,360 69; Hayti,59, and the remainder, in relatively small lots, to other
8.01G
75,170
28,150
696,140
Milwaukee
55,436
400
3,023 markets. Brown sheetings and drills were in moderate request
15,131
250,724
440
96,403
Toledo
12,706
19,64?
10,793
129,125
5,857
Detroit
and steady, but bleached shirtings ruled quiet, and outside makes
16,500
64.300
13,600
1,386
Cleveland
45,366
104,778
205,907
126,506
17,305
St. Louis
were somewhat irregular in price.
Denims and dyed ducks
11,445
12,600
62,300
77,900
3,200
Peoria..
2.4CO
7,650
continued
in
fair
request, and leading makes are firmly held
59,394
Duluth"
because
the
of
light
supply. Tickings, cheviots, and cottonades
70,038
479,119 286,713
126.769 1,648,567 1,029,028
Total
630,684 272,980 100,594 were severally in limited demand. Piques and quilts were in
12S,9rU 1,5.9,409 1,624,219
Previous week
62.4S8
215,543
125,0,10
278,198 1,040,214
81,969
Corresp’ng week,’77.
19,940 comparatively good request, and some makes met with liberal
239,937 206,203
912,858
’76..
654,506
81,637
244,668 sales.
773,133
Print cloths were less active than when last reported
Tot Dec. 31 to Jan.26 447,192 4,737,122 3,857,666 1,599,421
477,944
249,189
903,045
313,781 1,597,398 4,712,766
Same time 1877
95,711
669,929
upon, but prices were fairly maintained on the basis of 3 9-16c.>
386,670 3,053,278 4,216,962 1,041,277
Same time 1876
149.493
386,678 3,983,833 4,595,300 1,363,345 636,299
Same time 1875
cash, offered, and 3fc., less one per cent cash, asked for extra 64i
TotAug. I to Jan.26.3,320,881 48.222,413 38,917,282 14,010,980 .,261,993 2,271.505
.2,986,963 30,992,411 43.382,667 11.917,832 6,947,794 2,026.673 64s, and 3£c., cash, for 56x60s. Prints continued inactive, but
Same time 1877.
Same time 1876
2,562,196 41,150,276 23,532,097 15,324,507 5,201,412 1,857,094 ginghams were in fair request.
Same time 1875
2,914,738 38,514,569 22,235,036 13,081,485 4,771,032 834,235
Domestic Woolen Goods.—There was a comparatively slow
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
movement
in men’s-wear woolens from agents’ hands, and busi.
RIVER PORTS FOR THE WEEK ENDED JAN. 26,
AND FROM DEC. 31 TO JAN. 26.
ness was light with the cloth jobbers. Cassimeres were delivered
Corn
Rye
Barley,
Oats,
Wb^at,
Flour,
to the clothing trade on account of previous orders to a moder¬
bush.
bush.
bush.
bush.
bush.
bbis.
12,486
103,479
836,961
870,610
121.563 1,164,980
ate aggregate, but new transactions were few and unimport¬
Jan. 26, 1878
67,809
18,052
192,503
684,988
639,250
ICO,*50
Jan. 19, 1878
ant.
Cloths and doeskins were lightly dealt in, but ruled
12,065
380,923
150,865
68,650
114,610
89,634
Cor. week ’77
9.71*
68,^20
513,203
129,497
229,287
83,483
Cor. week ’76
Worsted coatings were in fair request for small
65,722
160,422
17,530 steady in price.
£53,400
161,176
81,791
Cor. week *75
87,146
16,658 selections, but cotton-warp worsteds were dull and unsettled by
208,657
131,310
632,146
101,988
Cor. week ’74
82,574 the auction sale referred to above. Cheviot suitings and coatings*
676,534 301,995
Tot. Dec. 81 to Jan.26 414,220 3,437.ti90 1,981,772
73,191
502,936 255.299
499,278 1,681,854
336,691
Same time 1877
59,385 met with fair sales.
612,433 2*8.057
Kentucky jeans exhibited rather more ani¬
Same time 1876
460,053 1.075,091 2,903,354
£0,676
710,969 240,235
927,6S2 1,773.277
362,485
Same time 1875
and
mation,
medium weights were disposed of to an increased
RECEIPTS OF FLOUR AND GRAIN AT 8BABOARD PORTS KOH TUB
aggregate; but satinets were relatively quiet. Flannels were
26.
WEEK ENDED JAN. 26, 1878, AND FROM DEC. 30 TO JAN.
Baney,
Rye,
lightly dealt in, and blankets were almost neglected ; but ingrain
Oats,
Corn,
Flonr, Wnea%
bush.
bush.
bnsh.
bash.
bush.
bbis.
Atand tapestry Brussels carpets were in fair request.
Worsted
44,650
156,372
15,334
532,820
749,062
85,640
New York
33,327
171.410
21,822
dress goods were a trifle more active, but shawls and skirts
2-1,600
20,891
Boston
The
following tables show the
Breadstuff's to the latest
ment of
.
.
•
•
.
mm
•
•
•
...
....
....
.,
..
•
mm
.
..
Portland
Montreal
Baltimore
New Orleans
12,971
15,38)
18,479
9,040
Total
165,891
Philadelphia
;
43,200
31,100
405,500
10,000
53,236
.
500
•
.
IS,434
12,760
29,203
45,966
99,997
99,172
214.160
67,689
51,642
673.819
4,418,375
385,812
6,336.392
4,162,921
793,327
806.317
873,489
562.886
1,501,239
l,z88,212
1,049,137
1,259,923
31,221
736,744
5,865,893
5,110,001
590,780
204,572
686,721
149.755
18,708
of
In.store at New York
flnatore at Albany.
In store at Buffalo
In store at Chicago
AflaatfM Chicago
In store at Milwaukee
.In store at Duluth
:.
In.Store at Toledo
.In store at Detroit
In 6 tOr 6^1 t-O 8 W6g G. • •«•••«•«.
‘In store sLKt. Louis
In sfore at.Boston
in storejat Toronto
In store at Baltina ace
Rail shipments, week,,
Est. afloat in New York
bush.
bush.
857,666
3.800
29.500
629,667
1,480,450
315,482
648,470
325,397
5,800
198,229
116,871
34,700
403,900
331,900
331,318
5.978
157,000
51.686
715,000
225,000
341,503
256.741
961,910
59,394
268,948
396,961
.
175,000
4,022
20,342
133,628
435.968
1,164,980
210,000
10.26S.974
Jan. 19, 1878
....'.....,,..10,190,018
Jan. 12, 1878.,..
9,230.5S9
Jan. 5. 1878...,.,..
0.691,790
Dec, 29. 1877.....
..10,191,121
Dec. 22, 1877
10,540,117
984,723 271,804
452,100
76,303
216,396
32,034
745,090 189,617
58,003
.4
,
47,100
-
-
*
#
*
386,961
200,000
576,000
5,817,483
14.403
9,363
•
•
•
•
•
....
18,0*0
43,718
4,446
.
.
.
.
•
.
84,151
18.2C6
224,781
45,844
5,457
2,946
8,900
425,000
....
•
47,238
10,775
•
i
.
9,800
30,000
73,223
105,429
11,218
237,176
1,150
121,421
550,000
89,285
64,264
92,194
555,157
870,640
6,529.670
5,663,730
6,129.282
6,14)9,796
5,952,763
...11,921,143 12,359,483
•
^
.
.
.
.
.
m
•
«
•
•
•
....
...
....
....
No 5
No. 6
No. 7
No. 8
No. 9
..
.
....
...
_
.
•
...
|
54,831
2,353
3,028
American
19
19
19
23
21
21
22
;
Atlantic
Casco
Lewiston
Franklinville..
Montaup
4,540,812 591,440
4,422,876 7C6.897
4,46-,962 703,870
4.548,000 678,361
4,55* 689 660,380
4.482,733 1.087,149
THE DRV GOODS TRADE.
Friday, P. M., Feb, 1, 1878.
been light during the past week with the package
houses, and there was little, if any, improvement in the jobbing
trade. In exceptional cases the larger Western and Southwestern
jobbers bought considerable quantities of domestics, which they
were enabled to forward at low rates of freight by lines of railload leaving Boston*; but as a rule transactions^on^the part of
....
.^..
.*
21
20
10 OZ
12 oz
..
15 oz••*•••
Ontario Twls, 8 Jin.
do 30in. (8oz.ex ql)
8x twls*‘Polhec □V’
.
...
.
...
Ravens
Bear (8oz.) 29 in..
do heavy(9oz.)...
Extra heavy bear..
Mont. Ravens 29in.
do
40in.
50
Granger
60
50
50
Ontario A
do
B
do
C
00
PowhattanA..
do
B..
do
Q..
50
50
Amoskeag.....
AM.
do
17
15
Boston
Beaver Cr,AA.
do
BB.
do
CC.
8#
14#
Columb’n h’ybro
do XXX brn
16
13
11#
....
13
15
17
•••
19
23
26
17
15
10
14#
22
J. & P. Coat’s
Clark, John, Jr.
Pliila A
do F..
do C
Stark A
do C 3 bush
do
2# bush
57#
57#
67#
.
«
9
7
7
Androscog’n sat.
Canoe River....
Clarendon
Hallowell Imp..
.......
*•*
•
Cotton.
35
Spool
Holyoke
30
Home... ....
Hall & Manning
King’s 3 cord
35
\ 32#
.
Merrick
42#
Stafford
35 •;
WiUim’nticCcd
do
3 cord.
57#
45
82#
8#
brown
50
00
»
16
Amoskeag
do
00
50
50
50
..
Corset Jeans.
Hamilton
24
27
S2
24
32
28
Denims.
Thorndike A..
10#
Carlton
14 •
Everett..
15# •Uncasv’e CCA.
16 *
20
York
Lewiston
Warren AXA.i 14#-15
Otis AXA....~. 14#-15
do
BB.... 13 -13#
13 -13#
do BB
do
CC.
UK-1*
11 #-12
do CC
Pearl River..
16# Gold Medal...
10
Haymaker....
Palmer...
♦
brooks
Greene&Daniels
21 50
23 00
27 50 '
82 50
21 50
26 00
31 oa
.
»
Clark’s,O.NT
T Business has
Ravens
Greenwood’s (8oz.)
12,466
....
...
9 oz....
Greenwood’s (7oz.)
29
28
27
25
24
23
22
Woodberrv and Ontario
U.8. A. Standard 23# in.
8 >*z
15
Bags,1
Amoskeag
3,476,47S 4.622,630 754,592
3,278,296
3,096,347
8,586,085
3,351,452
3,535,366
3,158,306
....
a
.
108,479
850,060
No, 1
No. 2....
No. 3
No. 10.....
Cotton sail twine
Light Duck-
No. 0
No, 4..
....
.
443,200
Druid
and
Mills.
bnsh.
bush.
1,534.859
106,900
49,603
408,116
In store at hfpatreal
In store at Philadelphia
inatoto at -Peoria
In store at Indianapolis
In store at Kansas City
bush.
2,15*1,236
Sail Duck.
19
Cotton
Woodberry
Rye,
Barley,
Oats,
burg embroideries were presented in the auction rooms, and low
grades were distributed to good advantage; but fine
qualities dragged, and in some cases sold low. Linen goods were,
also offered at auction and housekeeping makes realized fair
and medium
prices; but handkerchiefs were apparently in little demind.
We annex prices ot a few articles of domestic dry goods
Grain, comprising the stoc&s in
principal points of accumulation at lake and
and in transit by rail, Jan. 26, 1878, was es
Corn,
continued quiet with importers
nearly all descriptions of foreign goods, but values were steadily
maintained on the most staple fabrics. Large quantities of Ham¬
in
....
....
241,380
Wheat,
Jan, 27, 1877
i
2,600
305,771
follows:
Total
258,250
remained quiet.
Foreign Dry Goods.—Business
600
2,039,830
1,584,673
1,151,743
Supply
The Visible
^granary at the
.seaboard ports,
656,100
15,250
1,053,818
1,222 983
161,230
114,921
..
49,200
203,600
....
163,879
Previous week
Cor. week ’77
Dec. 38 to Jan.23...
Same time 1877
Same time 1876
Same time 1875
..
400
3.236
1,400
1,090
354
30,000
8.540
—
•
* •
do
sat....
....
Kearsarge, sat...
9
do brwn&b!k ]£ 9#
8#
10
8
Ind. Orch.Imp..
»
Laconia..
Manchester
.
~
**
8#
8#
Nanmkeag sat..
9#
Newmarket
Peppejell, bles..
do
Rock port
sat...
Suffolk. *«•«*.•».
8
V ’’-A '•
THE CHRONICLE
1838.]
February 3,
.
imporlatlous of Dry tiooda.
The importations of dry goods at this port for the week ending
Jan. 31, 1878, and for the corresponding weeks of 1877 and
1876, have been as follows:
31, 1878.
SMTSBSD rOB CONSUMPTION BOB THS VIII INDIN6 JAN.
1876
.
1877Value.
Pkgs.
,
Pkgs. Value.
Mandf actures of wool... 1,079
f526,066
do —
cotton.. 1,443
452,066
do
539,343
silk
648
do
flax
1,146
290,844
Miscellaneous dry goods. 562
160,072
897
1,710
745
1,687
•*
$439,592
723
587,635
1,443
555,019
354,580
159,215
585
994
702
806
4,830 $1,963,391
Total..-
1878
v
Pkga. Valne.
5,845 $2,096,041
$353,811
462,534
125
Exports *>f Leading Articles from New York,
The
following table, compiled from Custom House returns,
shows the exports of leading articles from the port of New Tork
to all the
principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jan.
1,1878
and 1877.
The last two lines show total value*, including the
valne of all other articles besides those mentioned In the table.
dwt*^r?Oiwt*3>Oi~*^-o>t-OTHoio>Oanxiioi--.ao(nZo>33iQjD«Q'<i(Q'«i'^.»
5 Scr®®50<"?»-• o«o35goo*so»•.*»qoooSo jo —• *30**®* —<©ot,2ot>
430.825
**
®
<=1
188,758
165,032
*»
»"•
•
>o
•
•
f*
*S5
si
■
n
4,447 $1,600,460
Withdrawn prom wabbhoubb and thrown into ton xabkit during thb
SAMI PBBIOD.
Manufacturesof wool—
412
$ib),500
do
do
cotton..
551
silk..;..
131
do
flax
676
181,266
142,973
136.963
570
22,470
Total....
2,340
Add ant’d for consumpt’n 4,880
7,220 $2,633,568
7.379
Miscellaneous dry goods.
Total throws upon m’k’t.
$139,499
102,516
114,796
74,37*2
310
395
127
456
24,783
1,358
30,750
$474,072
2,096,041
2,646
4,447
$483,915
1,600,460
389
328
99
487
231
$159,580
$6*,177
1,534
1,968,391
5,846
100.541
$2,576,113
3
124,879
86.251
fJ
.SSSS
: :
:
7,093 $2,084,375
:83S :S
: :S
o
—
21
?SSSteS*SSS :
:
oj
33 w
•*
□RING SAMI PBBIOD.
Manufactures of wool.... 541
:
do
' * ' cotton.. 469
$210,239
dO
silk
93
do
flax..... 160
Miscellaneous dry goods.2,£68
103,756
39,959
Total...
3,821
Addent’dforconsumpt’n 4,880
$519,629
410
391
100
*244
114
138,835
*
26,840
7,383
$514,376
2,096,041
8,886
4,417
$182,935
108.709
94,931
«
135,876
59,505
■3
-S3SS
:
t-
.
no
.
*
•
of
:S :SSS .<*>...
.fe
: :3;3SSS2SaSS
:
.
.
-r •
'
.
•«
O'©
W
.co
•
•
•
<n
•
•
iO
•
•
tr
7,104 $2,610,416
Since
Same
Since
Jan. 1,’78 time 1877
•
«
»
973
24,081
2,588
2,624
€0*2
619
678
620
Oocoa bags..
Coffee, hags
1,282
114,996
158,152
213
457
Cotton,bales....
Qambier
Qum, Arabic....
Indigo
1,987
65
895
3iC09
2.721
117
330
891
323
794
109
137
—
2,130
5,446
6.396
'
slabs,lbs...
12,910
256,092
77,046
4,665
Sugar, bxs A bags.
•
•
75
Wines, Ac—
6.S81
7,575
Champagne,bk tf.
Wines
*019
Wool, bales
Article* reported by
value -
2,100 Fancy goods
5,221 Fish..,.
55,103
61,387
306
551
137
185
•
580
786
Corks
9,959
..
6,947 Hides, undressed..
Rice
Hides, Ac—
88
Bristles
Hides, dressed..
India rubber
Ivory
Jewelry, Ac.—
Jewelry
469
77
490
3,5S3
4,818
142
147
169
Watches
•
215
49
23
18,549
3,000
1,422
510
Molasses
11,196
8
285.740
same
.
.
.
£5 :
?o'
a-
: :
jSS
: :
.0*00
©
•
•
>'•
....
>
.......
-co
,
4,725
10,993
2,238
$
72,886
8,185
56,702
26,833
22,708
.....
cn
6,600
25,968
8,619
WoodsCork
Fustic
82,199
34,382
1,570
79,7.7
3,906
47,974
1,734
Logwood.;...
Mahogany....
*
3,703
Since
Jan. 1,’78
Ashes
pkgs.
Breadstuffs—*
Flour.... ..bbls.
Wheat
bush.
Corn
“
Oats
“
...
Rye...;.... “
Barley A malt “
Grass seed...bags
Beans..... bbls.
Peas
bush.
Corn meal., bbls.
Cotton
bales.
Hemp
Hides
Hops
No.
......
Leather
255
32,819
”
357,351
8,428,180
1,429,478
414,057
39,448
•
.bbls.
20
pkgs.
192,253 Oil, lard... ..bbls.
249,446 Peanuts
bags.
791,707 Provisions—
Butter
492,539
pkgs.
29,30)
49,972
489,162
*71,330
16,170
27,542
8,228
25,262
13,585
8,686
39,058
116,093
1*2,868
108,246
*93
111
bales.
251,829
13,707
sides.
853,158
42,329
Pitch
Oil cake
Cheese
Cutmeats..
“
“
Eggs
“
Pork
Beef
Lard
Lard
Rice
Starch
Stearine
.*
2*1,108
kegs.
pkgs.
...
“
bbls.
hhds.
Tallow,,,,,,pkgs.
Tobacco
-100 Tobacco..,., hhds.
2,715 Whiskey
.bbls.
19,325 Wool
bales.
1,610
$
399
6,397
38,326
t,955
...
7,078
72,1^8
63,0 6
144,73-1
22,727
£6,881
“
Sugar
619
•
«
“
278,915
5,601
295,382 Sugar
250
Naval Stores—
.
:
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Since
Same
Jan. 1,’73 time 1877
1877
398
00;
ir *•:
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•-p co
2
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o* eo
,
2
folio ws:
Same
time
:gg
iSSSSoiSSsiSS
.
s- • • v
2,172
4,251
33.419
as
:
*
* * *#fos ■
5
s
•
:8i
10
Ginger
Pepper
Saltpetre
period of 1877, have been
©5
s*
107,423
5,222
The receipts of domestic produce since January 1, 1878, and
the
»to
e*
Receipts or Domestic Produce.
or
ph
’ - s5
'
•'
a •
OH
Spices. Ac.—
Cassia..
to<~0
.
«
•
•©
17,807
18,3*9
114,578
122,331
87,70
119,601
87,896
249,389
914,055 1,224,867
12,655
6,949
Oranges
......
oj
s
&
Lemons
Nuts.
Raisins
•
o
*
4,930 Fruits, Ac.—
3*21
502
•
Hemp, hales
Tin
Cigars
93
....
55
2,687
3,721
60,639
94,941
1,04».71S 1,228,999
8,076
7,442
Tin, boxes
•
•
•
...
*
:
:
232,430
Steel
lO
•©
*
Same
$
97,742
2,930
Soda,sal..;
Bair...............
Spelter, Tbs
892 Tobacco.,
1,652
2,198
•
c«v«
•
88
2,809
Lead, pigs
1,260 Sugar, hhds, tea. A
1,431
Madder A Ext.ol
Oil, Olive.......
Opium..... ....
Soda, bi-carb....
Soda ash
Flax
Furs
Gunny cloth
Hardware
Tea
Blea. powders...
Cochineal
Cream Tartar...
t+
no
357
36
4,022 Paper Stock
5,772
Coal, tons..
Linseed.....
*
.©
♦
«-•
:gg£ : .8 :::::: -g
i a*.!
53
Jan.1,’78 time 1877
Cutlery.
1,52
25,961
.
...
; : ;-ho
644
51
18,233 $2,181,917
[The quantity is given in packages when not otherwise specified.]
2,026
•
•
•
following table, compiled from Custom House returns,
shows the foreign'imports of leading articles at this port since
January 1, 1878 and for the same period in 1877:
Earthenware—
China...-.
Earthenware...
Qlass...........
Glassware
Glass plate
Buttons
eo
gg
;
oo
«
o»©t«o
c*
•l-
The
China, Qlass and
55
m
oT • • •
-
v
$581,457
1,600,460
Leading Article*.
Import* of
§35
o<5
®-c^
H
t»
oo
8,701 $2,488,020
Total entered at the port.
129,347
59,157
29,418
1,259
5,845
1,968,391
431
400
114
558
$173,294
123,159
4,827
113,196
2,381
20,189
1,140
7,936
78,379
12,321
127,941
8.893
22,412
4,651
39,266
3,986
22,027
1,812
24,502
91
6
4,€85
8,776
9,204
4,374
5,674
13,727
4.036
13.100
^(ScT
O”
■«oh
'—of
*
COS*
V
‘g'
o®*.t*gs<
•
:«
5
•
‘,-J
S*o
23
—
:
*
•«*
|83
•
«
oo
co"*2
gs • •
^
»o r? co
.OCOOoo
-2
.eo«co©
*0
•ooJ5
*o“
3
1©
:ii i :8«:
■
8
•
:
Ctt
>—•!£>
;
.No ■co^l75noa»>^n'»—<
.coo
n tqt
;o» ©eoeo°.°o
o’ c-’ £>r2
®
'
•
•
jS®*
®
*©2
90
;
oo
ra
*2^*
;
”
"
~
««
t»n>
n
5,182
2,892
2,944
gig :5JS5
2,192
a
o
11,924
1.176
16,506
4,101
21.706
-
iajutsssl
f
SALTPETRE-
GUNN IKS.—See report under Cotton.
tiENKRAL.
HAY-
ASHES—
Pot, first sort.
9 ».
BRSADSTUFF8—See special report .
building MATERIALS—
Brick*—Common
Croton
Gsmeni—Rosend&ie
V bbl.
Lime— Rockland, common....V bbl.
Rockland, flnl&hlng;
Russia,clean..;
Manila
Sisal...
1 00
ft 27 00
ft
L 1C
....
ft
23 00
80
ft
Pine, shipping, box
do tally boards, com.to
Oak......
Black walnut
Spruce boardB A planks,
Hemlock boards, each
35 09
•
16
30 00
Maple
»M.ft.
Mails—10@60d.ccm,fen. A sh.V keg
Clinch, 1 * to 3 in. A longer
....
4 25
....
.
Cutsplkes, allsizes
73
5j
6
Amer.,No.1,in oil
Western factory,good
do.... cnr.
Savanllls,
do.... gold
Wet Salted—Buen. Ay, selected ”
so
u
20
2j
23
@
@
*3
3
3
3
Egg ....335
1U @
12*@
@
ken.
15 @
$3 25
3 25
12*
12
COFFEE—
....
3 75
3 50
....
....
60and90days.gld.va
gold. ••
gold. ‘
Hlo. ord. car.
do fair,
do
do good,
do
da prime,
do
...
21
17
gold.
16
Mftrftc&ibo
ljaguayra
gold.
COPPER-
_
"
16*3
COTTON—See special report.
DRUG Si* DYRSAlum, lump. Am....r.
V 1b cur.
gold.
Argols,crude
26
17><
2*3
2*
20
2iv
25
tartar,
powdered
Cubebs, East India
Cutch
Gambler.
Ginseng
.......
00
i3 25 3 IS 50
59 ft
62
4a ft 55
25*«
c*r.
*
... .«
gold5*®
-cur. 1 .0 @ 1 20
paste,Sicily
17....ftft 18
"'*
Glycerine, American pure
licorice paste,Calabria
Licorice
“
“
,
...
...........
ldcorlcepaste,Spanish,solid., .gold
Madder, Dutch..
Madder,French. E.X.F.F
Nutgalls,blue Aleppo....
cur.
Oil vitriol (66 Brimstone)
“
,
bond),gold.
Prussiate potash,yellow, Am..cur.
Quicksilver
gold.
Opium,Turkey ....(In
Quinine
cur
Rhubarb, China .good to pr.... “
8al soda, Newcastle.. V100 ®, gold
8hell Lac, 2d A 1st English..Vft.cur.
8odaash
V 100 ft .gold
wugar of lead, white, prime. V ft cur
Vitriol, blue.common
TI3H—
Gr’d Bk.A
—ft
....@
—ft
....ft
.. .ft
...
2
1*«
4 .>7*ft 4 62>
24 @
48 @ 50
ft 3 00
....ft
—
117*3
17 @
21
162*© 173
@
• •••ft
George’s fnew) cod.V qtl. 4 00 ft 5 50
Mackerel,No.l.vf.shore......pr.bbl.
Mackerel, No. 1,-Bay...
•
Mackerel,No.2 Mass.shore (new)
Mackerel, No. 2, Bay «••#•••a*••••«••••
^RaisL&s,Seedless......
per 50lb.frail
do
Layer, new..
do old
Loose.new...* ■«»••••••••••••••
do
Valencia,
do
new..................
Currants, new
do
Citron, new • •• *«•••#•%«••; «•«•••••••••
Frtni68iTurkisli fnew)•••••••• •••••••
(lo
Ra*os
yr6iich«
«•••••« *«••••• •••••«••
....
Figs,layer........
...
Canton Ginger,wh A hf.pots.V case.
bsrdlBS^, V half box............ «...
Sardine*. V quarter box
“
Macaroni, Italian.......• Vl®^
Dried—
Apple?, Southern, sliced:
V®
OO
ao
quarters
do
State, sliced, new
do
do quarters, r*w
Peaches,pared,Ga g’d to cb’ce new)
do
unpared, halve# aod qrs...
Blackberries, bags aad bbls. (new).
Km (i be Ties
Cherrle*. ary mixed and new wet...
Domestic
Pmms. S ate
».••••••••••
Wnortltsberrlea..
••••
**»
*•••
4 20
1 65
ft
ft
0
d
ft
ft
....
....
...
••••
1
75*
87*
VlOOlbs.gold
ft
11*©
534ft
7*ft
6 50
30
20*©
m. A1....
26
ft
ft
13*3
12*ft
29
•••
grocery
grades.
'
Demerara
Porto Rico
N. O., com.
.
....V bbl.
Tar, Washington
Tar, Wilmington
Pitch, city
*’
,
Spirits turpentine...:
Rosin, strained to goodstrd.V bbl.
low No. 1 to good No. 1
“
•*
low No. 2 to good No. 2 **
••
low pale to extra pale.. “
“
•*
**
windowglass..
NUTS—
5*ft
4 ft
6*@
6 ft
8 ft
3Jfft
9 ft
24 ft
12 ft
14j
30 ft
35
4*
10*
11*
12*
10*
V gal.
n
“
*«
M
u
**
Neatsloot.N o.l to extra
Whale,bleached winter
Northern
Sperm,crude.....
Sperm, bleached winter
Whale, crude
Lard oil. Nos. 1
PETROLEUMCrude, in bulk.•••»••••»•••••». V
Cases
Refined..
gal,
•
•
Naphtha, City,
bbls
PROVISIONS—
Beef hams,Western
» •
••
•<
••
..
66
bush.
Bt. Martin
sack.
SEEDSI
**«••••• •• V
Clover, New York
Timothy
Canary, Smyrna
State.
.9 *.
ft
ft
Western, thin
bush.
A
•
••it•t
Canary, Sicily
Casary, Datch
Hemp, foreign.. •*•••••••••*• •#••••••
Flaxseed, Ameriosn, rough,..,
Llmeed, Calcuaa
V 56 Um gol<i
Linseed Bombay
V Cf a gold
1 40
M^l
• Ml
...
•••<
ft
^
ft
ft
^
ft
ft
@
27
87
47
Nominal.
ft
26
40
ft
ft ’ 57
67 ft
82
24 ft
8?
87 ft
45
52 ft
62
65 ft
85
23 ft
25
82 ft
49
44 ft
»
IS ft
20
21 ft
28
Nominal.
SO
47
•*
fillers, ^4-*75..
75
fine.................
V ‘
gold, V ton.
.
oblong (Dorn.) cur “
Superior,
ft
18*®
21
ft
85 00
ft
ft
8U)0
V®
Extra,Palled
No. 1, Pulled.•. ...
California. Spring Clip-
87
fc3
48
86
ft
ft
ft
18
ft
ft
unwashedlaoosoooosooatoo*
Interior..•.........
Burry
South Am. Merino,
unwashed
-
Cape Good Hope,unwashed*.*.#.,,
Texas, fine. Eastern.
Texas, medium.
?X
9
1 45
l 63
....
American,Combing.
Fair
MM
50^
ft
ft
ft
80
40
5
21
WOOL—
American XX
American, Nos. 1 A 2
• • ••
37
....
Eng.wrappers’74-’75
do
OILCAKE—
City, thin oblong, bags,
«*
6*
35
2 59
14**
22
Extrafinetofinest
^
ft
17*3
14*3
5 87*
Manufac’d.ln
bond, black work
*•
••
bright work
....
ft
*.••
ft
cur.V®
Sup.to fine
Havana, com.to
11 ID
26
7 1-16
‘ft
assorted lots, ’74-T5
Tara, assorted
11 *75
•
7*©
••••ft
Pa.
7
89
»••••••
•
ft
ft
5 35
5 75
Bnp.toflne
•«
.ft
....ft
“
Ex.fineto finest...'.
Choicest
Seed leaf—New
....
66
7
6
Ex.fineto finest..,,.....
Choicest.................
TOBACCO—
lugs, heavy
Kentucky
><
leaf.
ft 18 50
ft
ft
10
9*3
....
ft 7*67*
9>.
7* ft
.
13 00
16 50
6
6
4*®
Oolong, Common to fair,**.
do
Superior to fine
do
Exfineto finest,........«...
do
Choicest.. «.
Bone. A Cong., Com .to fair. •........
/
do
Sup'rto fine
do
Kx.flnoto finest
•
_
Western.
©
”
**
”
“
8*ft
8* ft
Uncolored Japan, Com. to lair
do
Sup’rtoflne
do
Hx. fine to finest
17*
11*
6*@
ft
to fair
%
8*ft
Hyson Skin. A Twan. com. to fair.
do' Bnp.toflne
do
do
do
Ex.fineto finest
7*
••••O
....
••• • • •
Turk’s Island
Clover,
7 ft
15*@
....
V ®
•
do
do
41 ft
45
1 !0 ft 1 20
64
63 ft
45
43 ft
65 ft
90
65 ft
67
60 ft
65
1)1)1* IX
“
.... ft
PorXf DQicsSf spot#••#•••• # •••••• V
Pork,extra prime......... ....
Pork,prime mess, West
Beef, family mess
Beef, extra mess, new....
9*ft
9* ft
....a
'*
Imperial,Com.to fair.........
103 ft 106
1 25 ® l 28
52 ft 60
,
^
do
do
do
do'
do
.
"
"
and 2
.
ft
• •• •
8unpowder.com to fair.
8*3
OAKUM—Navy,U.8. Navy A best V®.
Linseed, casks and bbls
Menhaden, crqde Sound
9
.
*'
Superior to fine
Extra fine to finest
Choicest
Young Hyson,Com.to fair
do
Super.to flue
do
do
do
2 25
4ft
10 ft
11 ft
5 ft
Brazil
Filberts, Sicily
Walnuts, Naples
Pecan....
OILS—
Cotton seed, crude
Olive, m casks V gall
Hyson, Common
2 37*
V lb.
Almonds, Jordan shelled
TEA—
2 25 ©
2 37*3
2 12*3
Si ft
1 57*ft
1 85 ft
1 70 ft
2 75 ft
4 50 ft
"
7*ft
6*ft
ft
6*ft
.....Vbxg d.
Plates.char.terne
80
25
•"
to prime
5
gold. V®
“
English,refined
Plates,I. Cf.,iJoke
35
2»
7*®
'
....•««*»«..«»«,
...
Straits
“
**
ft
7*3
7*@
..
.
V ®.
Out-of-town
Banca
•••»•#•••«r
Mus.,refin.gr’ds,50 test.
6*«
....ft
....ft
“
Prime city
14
10*
11*
6
.. .
“
TIN—
Cubft}cl&y^d
9ft
.........
TALLOW —
27
<7
MOLASSES—
SALT—
18* j
ft
6*
6*ft
“
“
“
White extra C
FxtraCuo
Yellow C
Other Yellow...
Molasses sugars
....ft
ft
1 07
9*ft
10*ft
.ft
**
14
cut loaf
ft
Store Prices,
14*®
If
**
"
......
400
1 C6*ft
“
"
'*
Rpflned—Hard, crushed
Hard,powdered.
do granulated...
Coffee, A, standard..
off A
do
RICE—
Carolina, fair to prims.
Louisiana, fair to prlm<
Rangoon, In bond
Patna, duty paid...
14*«
Melado...............• ....
Manila, sup. and ex. sup
Batavia. Nos. 10@12
Brazil, Nos. 9@ll
21
390
“
“
Ceatrlfugal, Nos. 7@13
do
60
cur.
Good refining
...a
820
400
....ft
V gall.
Prime
;
Porto Rico, refln . fair to prime
Boxes, clayed.Nos. 10@12
cur. 4 00
¥ n>.
hide,h.,
Hams.smoked ..
Lard, City steam,
*
5 H9
9
Feir
...
50 ft
00 ft
60 ft
refining.... V ®.
7. “
iDferior to common
45 00 ft 47 00
•6
1
SUGAR-
3
2 5-10ft
5ft 28-10
Texas, crop
do
do
Barbadoes
*•
American blister
American cast, Tool
American cast spring
American machinery
American German spring
ton.180 00 @132 50
V lb.
common
•*
English machinery
English German,2d A 1st quality
17 00
26 50
P>Hces%
NAVAL STORES—
roll......V®..cur
@.
**
Camphor refined....
29 ©
Castor oil,E.I. Inbond. VgaL.gold.
90 a
Caustic soda
V 100 ft
4 U*ft 420
Brimstone, Am.
Cream
19 00
18 00
rough.........................
Slaughter crop.
Oak. rough
Cuba,
i6*ft
“
28 @
Argots,refined
Arsenic,powdered
“
i*©
Blcarb. soda,Newcastle.V 1001b “
8 90 ft
Blchro. potash
12*3
Vft cur.
VICO ft. **
1 45 3
Bleaching powder
Brimstone. 2nds A3rds,per ton.gold.21 00 ft 27
Chloratepotash........... “
Cochineal,Honduras, sliver...
Cochineal,Mexican.....
V ton. 18 00 ft
17 00 ft
16 DO ft
23
50 ft
Store
**
... @
• •-•3
,
Braziers’(over 16 oz.)
American Ingot, Lake
Pig, American,No.2
Pig, American, Forge
Pig, Scotch
Domestic, common
Bar (discount. 10 p, c.)
”
“
Sheet
_
Sheathing,new (over 12 ozj
Pig,American, No. 1
LEATHER—
Hemlock, Buen, A’res, h.,m.A 1. V ®.
"
California, bM m. A 1
“
...gold.
gold.
Savant 1 la
Costa Rica
8
8
I
t
••
46
••••••••••••
STEEL—
IRON--
II*
38
ft
ft
14
English,cast,2dAlstqnallty V»gold
English, spring,2d A 1st quality.. “
English blister,2d A lstquallty.. *•
ft
Ordinary foreign
gold
8t« xlomingo
87
Carthagena, pressed
Nicaragua, sheet
Nicaragua, scrap
Mexican, sheet
Honduras, sheet
LEAD—
(a.
•#«••-«
••«••••*•■•
Whiskey, Scotch
84 ft
Guayaquil, pressed, strip
Panama strip
Steel rails, American
18*@
•
•
do
Irish
Domestic liquors—Cash.
Alcohol
10*ft
11
Sheet, single,double A treblh.com.
3*ft
4
V ton, cur. S3 00 ft 36 00
Ralls, American
ft
S
86
—gold.—
V gall. 8 75 ft 17 00
4
C8 ft 800
••
Brandy, foreign brands
Rum—Jam., 4th proof
St. Croix,Sd proof
Ain
v* Ui
90
86
14*®
Cloves.......
do stems
SPIRITS—
31 ft
88 ft
£6 ft
85 ft
35 e
88 ft
26 ft
Hoop, *x.N0.22t0lAl*x.l3A!4 “
..gold.V®
Sheet, Russia
l'Xft
.........»..............
Pimento, Jamaica
-
....
ft
30 ft
....ft
Nutmegs,Batavlaaad Penang
48
Scroll....
ft
ft
...
•*!»•••••••
Mace...........
31
ft
6
Whiskey
Bar, Swedes,ordinary sizes.. V
....ft
gold. “
gold. *‘
Java, mats
Native Ceylon
Mexican
$3 25
u 25
335
3 75
3 50
....
....
SSi
....
55 @3 60
S 10 @3 12*
Btove... 8 75
Ch’nut.. 3 50
ft
5 87}
8*ft
Calcutta.
do
2 ft
Esmaralda, pressed, strip
Sched.
Port
John^t’n.
Sched.
Weehaw-
....
....
ft
11
13
Batavia.«•••••••»..
do
Ginger, African
5 ft
3 @
INDIA RUBBERPara, coarse to fine
Liverpool gas cannel
10 003 11 00
Liverpool house cann el
12 50ft 18 00
Ahtctbacitx—The following will show prices at
last auction or preseDt FCheduie rates:
Penn.
D.L.&W.
D.&H. P.AR. L.AW.
st’mb.. $8 25
Grate... 3 25
Pepper, Batavia
V tt.gold
do
Singapore
do
white........«...............
Cassia, China Lignea
10 ft
Vft.
CropoflS77
Crop of 1978..
Olds, all growths
COAL—
Sched.
Auction.
Weehaw- Dec. 28.
ken.
Hoboken.
13
6
....ft
5 62* 3
cur.
SPICES—
7*3
9*®
9*ft
do.... “
California,
do....
“
Texas,
do.... cnr.
E.I.8tock—Cal. kips.slaught. gold
Calcutta kips, dead green...
*’
Calcntta, buffalo
“
Para,
1 75
10 ft
10*3
V®
to prime.. •*
**
..
Matamoras
75
100 ft.gold.
Foreign
HOPS-
gold.... V 100 ®. 1 70
BUTTER—-ZVeu?—( Wholesale Prices)—
Dairies, pails,g’d to choice State V®.
25
West’nfact’y, tubs, g’d toch’ee “
12
H*1 firk.,tubs,State,f’r to prime “
20
"Welsh tubs. State, com. to p’me M
19
Paris white. Ena.,
do
Dry Salted— Mara’bo,as they run **
00
40
23
75
....
SPELTER—
19 ft
16 ft
....ft
....ft
....a
in* ft
"
do....
Matamoras.
83
oil ¥5
Lead.wn., Amer.,pure dry
line, wh.,Amer. ary. No. 1
Faints—Ld..wh.Am,bure. In
CHEESE—
State factory, fair to choice
35
2
5
4
2
5 lift
4*®
ft
....
None.
None.
4 50 ft S 80
ft 6 00
Domestic, common
California,
18
@
@
@
@
@
@
M
Re-reeled Tsatlees
Re-reeled Cotngoun
@275 00
20 ft
Dry—Buenos Ayres,solected.V®gold 20
ft
Montevideo,
do....
”
19*3
Corrientes,
do....
**
18*3
Rio Grande,
do....
**
19 ft
Orinoco,
do....
**
...
30 00 @100 00
28
22 @
each
270 00
**
“
......
Jute.....
ft 22 00
ft
13
@ 40 00
a 33 00
V M. It. 3> 00
Aftht flfOO*l>aa >>>«>>»>»»>•»*»«*#• >*>>
“
Vft
..
“
Nitrate aoda
SILK—
Usual reel Tsatless
Usual reel Taysaams.
HIDES—
1 00
ft 70 00
00
18 00
g’d,each.
25
70
ft
,
Refined,pure....Vft
*«,,S
Crude.................per 100 lb.gold 5 75 ft «66’*
V ton. 175 00 @215 00
130 00 @135 00
.gold.205 90 @210 00
Italian
Lumber—Plne,g’d to ex.dry.V M It. 45
Zlnc.Wh..
HEMP AND JUi’EAmerican dressed
American undressed...
bard,afloat..V M 2 53 ft 6 25
7 uO O 9 OJ
Philadelphia....
8dfine...
4*
4*ft
65
V 100 ft
North River shipping
PRICES CURRENT
^
[Vol. xxvi.
THE CHRONICLE,
126
*
Eastern.,.:
Smyrna.unwashed....... .....gold.
FREIGHTS—
'i— stxaM.—,
To Liverpool:
V 3»
V bbl.
Cotton........r.•
Flour
Heavy goods.
.V ton.
Corn.blkAbgs.V bn.
Wheat, bulk A bags..
Beef..,..
V tee.
Pork
,......Vbbl.....
s.d. *. a.
.i.‘ ft *
4 0 ft....
87 6
10
10
70
. 8 3
©45 0
ft....
@....
®«6
ft....
St
d.
...
SAIL.—#
8, d,
ft* comp
2 4*ft ....
22 6ft 80 0
7 ft ...»
7*3 ....
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S #I
4 til
;
....
@FedFRASER