Full text of Commercial and Financial Chronicle : February 24, 1877, Vol. 24, No. 609

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HUNT’S

9

.

REPRESENTING

THE

MERCHANTS’

paper,

INDUSTRIAL

VOL. 24.

AND

COMMERCIAL INTERESTS OF THE UNITED STATES.

SATURDAY. FEBRUARY 24, 1877.
CONTENT8.
THE

CHRONICLE.
The Banks and Their War Taxes. 165 I Latest
Monetary and Commercial
Life In urance Insolvency, and
| English News
169
How

to

Dtai With It

166
168

Commercial and
Miscellaneous
Exporting Cotton Fabrics
| News
169
THE BANKERS’ GAZETTE.
Money Market, U. S. Securities,
1 Quotations of Stocks and Bonds. 173

Railway Stocks, Gold Market,
| Investments, and State, City and
Foreign Exchange, N. Y. City
179
Corporation Finances
Banks, National Banks, etc
IVi f
THE

Commercial Epitome
Cotton

COMMERCIAL TIMES.
182 I Dry Goods
182
186

Breadstnffs

{

187

Imports, Receipts and Exports... 188

©1)* (ttl)roniclc.
and

fixed and

news up

to midnight of

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THE BAKES AND THEIR WAR TAXES.
The first report
for 1877 has just

of the American Bankers’ Association
been issued. It contains, within the
space of less than fifty pages, a mass of useful statistical
and historical information as to bank taxation, which
will be found extremely useful to those
persons who
wish to obtain a complete knowledge of the facts. We
find from this pamphlet that the national taxes on the
hanking business were among the later expedients of
finance.

Prior to the autumn of 1863, no revenue
from the hanks was ever paid into the Federal
Treasury.
war

The

Raw materials
auction sales,

precarious incomes, the practice of the learned
professions and the slaughtering of cattle, the carriage,
of the physician and the silver
plate of his patients,
were

all taxed.

Marriages, bequests, insurances,

mort¬

almost every social luxury and commercial neces¬
sity were made the subjects of taxation, but for many
months the risk was not taken of
imposing fiscal bur¬
gages,

on

the hanks.

The earliest

revenue

recorded in

the

Financial Chronicle is issued

day morning, with the latest

NO. 609-

with burdensome and vexatious
imposts.
and finished
goods, legal writs and

dens

The Commercial

MAGAZINE,

Treasury from the hanking business is under the date
October, 1863. This revenue was collected under
the law of March, 1863, which was the first statute
imposing taxes on, bank deposits and circulation. A
year later, hank capital was made subject to taxation by
the act of June, 1864, which also increased the tax on
deposits. Since the passage of that act, the fiscal bur¬
dens of the hanking business have remained without
diminution. After the restoration of peace, 200 millions
of the war taxes were taken off.
Almost every branch
of

of business which

was

burdened with mischievous and

oppressive taxation applied for relief, and received it in
1865 and subsequent years.
The banks did not apply
for

a

remission of their taxes until about the time of the

panic of 1873. Since that disaster, the Treasury has
so ill supplied with funds that the
application has
been met, year after year, with the statement that great
as are the evils of bank
taxation, the Treasury is not in a
position to dispense with the revenue derived from it.
To meet this objection the pamphlet before us attempts
to show, first, that the Treasury can spare the revenue ;
and, secondly, that were this not the case, the bank
taxes ought still to he repealed.
To show that the
Treasury can spare the revenue, a quotation is made from
Mr. Secretary Morrill’s report, which states that the
sinking-fund law which is contained in the act of 25th
February, 1862, required that the public debt should he
reduced in the sum of $443,848,215 between July 1st,
1862, and July 1st, 1876. A reduction has been effected
during that period of $656,992,226. Hence it appears
that during the term of 14 years mnder review the pub¬
been

lic debt has been reduced

$223,144,011

more

than

was

danger of attempting to put taxes on the move¬ absolutely required. The Secretary concludes that as a
banks and on the passage of money from matter of fact all pledges and obligations of the govern¬
the lender to the borrower, has for centuries commanded ment to make provision for the sinking fund and can¬
universal assent wherever civilization and commerce have cellation of the public debt have been fully met and
advanced beyond their rudest stages. For a year or carried out. Indeed, we may go further than this, and
two after the outbreak of our civil war, duties and
say, in view of the figures just cited, that for several
taxes were laid upon nearly every taxable
commodity' years to come the payments to the sinking fund may, if
in the country.
Manufacturers employing millions of necessary, be suspended, inasmuch as the amount of 223
artizans and laborers, were impoverished and oppressed millions has been overpaid in past years.
ments of the




!

THE' CHRONICLE.

166

—-

[February 24, 1877.
■

■■

--

■

—-----

-

.-=a

Insurance law—which law, by the way, has stood
sinking-fund payments are to be suspended,
without material change since its passage in 1853—
we shall have, as has been shown by Mr. Secretary Mor¬
is, that it does not effectually provide for getting
rill, a surplus in the Treasury amounting to 2G millions
of dollars for the present fiscal year.
In view of these companies out of the field, although making it smooth
and easy for them to get in.
For the voluntary retire¬
facts, it is contended that the argument against bankment of a company there is only a single section ;
tax repeal, founded upon the wants of the revenue, can¬
and by the law, after the fact of insolvency is deter¬
not be sustained, inasmuch as there is no deficit in the
Bat if the

"

Treasury
more

But

;

but,

on

the contrary, there is a

dollars.
the Treasury less fully

surplus of

than 25 millions of
even

were

supplied for

decree of dissolution is entered, no pro¬
vision is made as to how and by wdiom the process of

mined and

a

dissolution and

closing shall be conducted.

Also, with

regard to amalgamations and transfers, the only au¬
thority for them is the single phrase, “ Every company
organized under this act shall have authority to re¬
insure any risk herein authorized to be undertaken.”
This means a permission to two or more companies to
jointly perform the specific act of dividing between
them a risk too large to be prudently carried alone.
It
undoubtedly was intended to apply only to individual
cases, not to cover
the transfer of policies in bulk
or
even
of a single policy entire, because to issue a
ried through our great cities, and made available in
every dwelling for domestic and industrial uses.
As policy and afterwards transfer it would be absurd.
water is thus distributed through the infinite multiplicity Plainly, “any” risk was meant, not “any and all
of pipes and reservoirs, so capital is distributed and risks;” yet amalgamations have no other color of law
than is afforded by a strained meaning of this provision.
collected by our banks. On the eve of some great
The theory of the law, as it has stood since 1853, was
emergency, requiring an extraordinary supply of water,

other disbursement except the sinking fund, and
were there any immediate demand for a large income
from Federal taxation, it is argued that bank deposits
are not a proper subject of taxation, and that if we
attempt to keep up our revenue from them in the pres¬
ent critical state of our industrial and financial system,
we
shall find the policy full of peril. The banks in
any commercial country have been compared to the
hydraulic works by which a supply of pure water is car¬
every

it would be
untold

a

very

disasters, to

short-sighted policy, productive of
disturb or weaken the hydraulic

that the watchfulness'of the
he has

no

matter how

official power

Superintendent—although

of interference whatever, no
reckless a company’s practice

flagitious or
needful for the coming emergency must come.
So, maybe, until it becomes impaired—could and would suf¬
fice to arrest the downward course before the impairment
in our financial system, we are on the eve of perils and
became serious.
This expectation was theoretically wellmonetary complications which may call for all the aid
founded.
No company becomes suddenly ruined, and a
and all the financial strength which our banks can give.
Hence, it is a policy both short-sighted and full of competent examination would have discovered the
danger—at this critical juncture when specie payments falsity of the returns and the fact of insolvency, in case
of the Continental and Security, almost as soon as the
are approaching, when
the industry and commerce of
the CDuntry are prostrate and need to be revived, when insolvency began, which was in each company at least
there are on all side3 so many promising indications of two years old at the date of its last annual statement.
revival—to weaken the banks just at the very moment Competent enforcement of its provisions might have
when they ought to be the strongest and the most neutralized the defects of the law; nevertheless, as lax
efficient. There is much force in this argument, though enforcement was one of the practical difficulties which
should have been foreseen and considered, the lack of
we fear that the present session of Congress is too far
advanced, and the pressure of other business is too suitable provisions for treating failures is none the less
system of the

city, by which the chief part of the water

urgent, to allow us to hope that much time can be
given to the discussion of the war taxes on the banking

business, by which so much harm is being done, not only
to the banks, but to the commercial and industrial
system of the country.
LIFE I\SURANCE INSOLVENCY AND HOW TO DEAL WITH IT
The condition of life insurance in this State has very

naturally attracted the attention of the Legislature, and
a variety of bills and resolutions on the subject are now
pending at Albany. The most important one, however,
and the one which has the best apparent prospect of

in some form, is that of Senator Tobey. Its
original provisions allowed (1) re-insurance of any
policy within sixty days after issue, or at any time sub¬
sequent upon first procuring the owner’s consent;
allowed (2) any company to re-insure any or all of its
policy obligations, upon first procuring the approval of
the Insurance Superintendent and the State AttorneyGeneral; allowed (3) a receiver to transfer any or all of
the policies to some solvent companj, at such percentage
of their face as the remaining assets might carry, upon
procuring the consent of a judge of competent jurisdic¬
tion, as well as of the two officials just named, and for¬
bade all re-insurance except as provided in the bill.
One evidently defective feature of our present Life
passage




a

serious defect.
It is not desirable to forbid

amalgamations, but it is
desirable to direct them. To unite two companies may
benefit all parties in interest by removing one set of
working expenses. But union with that motive is rarely
known; solvent companies do not readily come together;
the absorbing company is almost always no better than
the one absorbed, and often is the weaker of the two.
In an article published three weeks ago—the tables in
which may be profitably referred to in this connection—
we showed that only one company organized prior to
the end of the war has ever absorbed any other, and
that it afterwards fell itself, while of twelve companies
which have absorbed others only three remain in exist¬
ence.
Amalgamation is shown by experience to be like
taking a deadly although slow poison, and there are two
reasons why it has been ill-conducted thus far.
One is
that the strongest companies will not consent to take an
impaired one with its deficiency, and with its line of
inferior risks, which carry a high mortality rate; the
other is, that there are opportunities for private bargain¬
ing in the transfer. It is useless to smooth over the
disgraceful fact. The policy holders are neither con¬
sulted nor considered; the principal stockholders may
be consulted, but the immorality of a dollar of stock
disposing of thirty of assets is gross; sometimes the
transfer is a secret between two sets of officers until

February 24, 1877.]

THE

CHRONICLE'

fully concluded. There is opportunity, notwithstanding
deficiency, for a division of some part of the assets
during the process of transfer, and recent developments
compel belief that it is sometimes used. The result, of
course, is further impairment, and its inevitable issue is
bankruptcy, whether successive amalgamations •inter¬
vene or not; but to reckless
managers, whose motto is,
“after us the deluge,” the end is of no consequence, for
meanwhile they have their day.
The product of minus quantities is a minus quantity.
The weak might produce strength by union if they
could leave out their weakness ; but solvency cannot be
wrought out of insolvency.
Amalgamation, as heretofore conducted, is a downward step which brings no
relief, and can produce solvency only by reducing liabilities by “freezing out” policy holdeis.
Senator Tobey’s bill, above sketched, originally con¬
tained contradictory provisions, that numbered 2 as
sketched being inconsistent with that numbered 1 ; the
third section, containing specification numbered 2, has
now been stricken out, and the bill has been advanced to a
third reading, with a possibility of passage.
It ir,
founded upon a correct idea in that it recognizes the fact
of insolvency, in case that occurs, and proposes el pro rata
reinsurance, yet it is quite defective as it stands at pres¬
ent.
The first provision, prohibiting reinsurance of
single policies after 60 days, is really negatived by the
indefinite extension of the time predicated upon the
policy-holder’s consent, experience having shown—and
very notably by the nefarious practices of the Conti¬
nental agents who turned wreckers—that policy-holders
are practically helpless in
agents’ hands, and that their
consent can be procured to anything. We should prefer to
retain the section stricken out, permitting a solvent com¬
pany to retire under such safeguards as were mentioned^
but the bill is defective chiefly as relating to in-olvent
ones.
It contemplates reinsurance, in part or in bulk, of
the

o

an

insolvent

concern

by

of three State officials.

a receiver, 'pro rata, on consent
Of course, the first duty of the

solvent

companies is towards their own membership, and
they must be permitted to dictate the terms upon which,
if at

all, they will take ,the risks of the failed one.
having been concluded, the balance sheet
shows, we will assume, an impairment of one-half ; the
plan contemplates that the solvent company take the
assets and issue its own policies in exchange for the old,
at 50 cents to the dollar of the latter, the • new to con¬
tinue the same premium as before, although the insurance
is cut down one-half. In practice, this general rule
would vary with the particular case, and if the insured
were
still a good ,risk, and the policy not a very
old one, he might
prefer the alternative course
of
selling his old policy and starting anew.
Other practical difficulties would arise.
The solvent
company would of course depend upon its own exami¬
nation. It might without great difficulty concur with
the receiver in estimating the assets, but as to the
Examination

•

liabilities the trouble would be serious.

It would

cer¬

167

in average

vitality that

venture to

take them

a

at

conservative company cannot
over
twenty-five cents. The

company’s estimate might be mistakenly severe, or even
“sharp;” but if the receiver, with the concurrence of
the State officers, attempted to avoid a hard
bargain by
competition, the weakest companies, as now, would cer¬
tainly offer the easiest terms, and the result might be
an
exchange of failure for failure, in another manner.
At least, the danger would be that of
robbing the un¬
fortunate policy holder in the transfer, and, on the other
hand, of getting a better price but an unreal security.
Senator Tobey’s bill is right in
proposing to scale
down policies, when necessary, but it does not seem to
cover the whole case.
We would suggest, as an amplifi¬
cation, that a receiver, appointed only upon sufficient
notice, under salary and closely restricted as to expen¬
ditures, aud associated with the Superintendent in such
a manner as to secure
public confidence, have power to
manage the failed company by reinsuring its risks
if practicable, or if adjudged best for the interests
concerned, to close its business in the natural
way.
Under this plan ceasing to take new business,
working expenses would be reduced to the minimum ;
the policies could be scaled to the proper figure ; the
risks which chose to withdraw—probably the best risks
—could be suffered to do so, receiving little, if any*
surrender value ; all policy
holders, being officially
informed of the case, could be made to understand it at
its best and worst, and they would be set free at once
from panic and doubt, realizing that they were not in
the hands of those who would rob them; the simple
process of receiving premiums and paying claims could
go on economically ; the matter would be in experienced
hands, and the wreckers would find their occupation gone.
We hold that the relation of guardianship which the
State has assumed towards policy holders it has no
moral right to abandon or materially qualify so soon as
its own dereliction has permitted the guardianship to
become ineffectual to prevent insolvency on the part of
a company.
Having begun, it is bound to continue, or
else to give public notice and withdraw entirely and
finally from the attempt to supervise. And we are
regretfully compelled to say that if the session passes
without some useful legislation on the subject, Life
Insurance will have received a severe and untimely wound
in the house of those who are its constituted guardians
and should be its true friends.

EXPORTING COTTON FABRICS
It is very

evident that our material progress as a
nation, is intimately connected with the development of
foreign markets for our domestic productions. Since
the panic, investigation among producers has, under a
kind of necessity, taken that direction.
It is one of the
compensations connected with that disaster that we have
been forced by it to look beyond home consumption to
relieve the pressure of a production which had been

tainly not take the risks in bulk; it would probably overstimulated. And no feature in the industrial situa¬
subject them all to medical re-examination; many might tion is to-day more hopeful than the beginnings of a trade
never have been up to its
standard, and many origina Hy which have thus been worked up in many departments.
This is peculiarly true of cotton fabrics^
good might be by that time impaired; the process of dis
Even before
solution might have been rapidly lowering the average the war we had a very fair business with China and
vitality, because the tendency is for the best risks to India, but it was only in the coarser sheetings and drill¬
drop out at the first hints of impending trouble, while ings. That trade, as we know, was checked during the
the impaired ones remain. The condition might natu¬ war, but resumed again at its close, and is now on the
rally be, therefore, that although the assets are quite increase; while the medium and finer makes, which were
ample, according to all the rules, for reinsurance at say first sent to Great Britain in 1875, are finding their way
50 cents on the dollar, the remaining risks arc so low into many countries
where they were never sold before




I

168
and

.THE CHRONICLE

f^bra. ry 24, 1877.

their

quality is becoming known, the demand for No. 14 yarn, 2*85 yards to the pound. And further, as
them is steadily increasing. In this work, Mr. Edward the price of cotton declines, this
advantage increases,
Atkinson, of Boston, has been the leading spirit. He since the extra freight and other charges referred to, bear
first demonstrated, and then proved by actual expeii- a larger proportion to its original cost.
In the third column, under “ Other Expenses,” we in¬
ment, the feasibility of the movement, and has since
been foremost in taking advantage of the situation. clude supplies, power, &c. Here we have been in former
About the time the Centennial Exposition, at Phila¬ years at a considerable disadvantage; our coal, iron,
delphia, closed, he prepared sixty cases of samples of steel and gas have all been dearer. The recent rise in
American Cotton Fabrics, each case containing about two coal in England and the decline here, together with our
hundred varieties of goods, (the assortment giving a lower prices for iron, and the substitution of oil gas, have
complete exhibit of this branch of our industry) and gave very nearly equalized these expenses; while the fact that
these cases to the Foreign Commissioners who attended very many of our old established mills are run by water¬
the Exposition, thus sending them to every part of the power, but in Great Britain steam is almost wholly used,
world, to be exhibited in some permanent place as a more than makes good any disadvantage otherwise pos¬
sible.
standard of American goods.
Still, Congressional help upon one point becomes
But our object at this time was to call the attention of a necessary element.
Our wretched currency system
our legislators to the
strength and weakness of our posi¬ affects the price of each of these items, and is thus a
tion as an exporter of cotton fabrics, that they may help decided tax upon all our industries.
Until we actually
to develop the one and cure the other. We are enabled get down upon that solid basis, where a dollar is worth
to do this more fully, as Mr. Atkinson has
again a dollar and values become fixed and equalized by the
brought this whole subject before the public in a circular world’s measure of value, the productive power of the
issued the last of December.
We should remember that country is, to an extent, crippled and hampered.
Give
us such
the end sought, is an extremely important one.
legislation, then, as shall show that we are trav¬
Great
Britain exports annually, in value, about £75,000,000 or eling by a sure, well-defined road to the desired end,
#375,000,000 of cotton products, while we export say, in making it certain that having put our hand to the plow
value, about $7,000,000 of the same manufactures. But there is no looking back, and every industry will quickly
the conditions are now favorable for increasing
largely respond, each item in the expense account adjusting
our portion of this business.
The very hold we have itself at once to the new system. „ This is a point upon
secured during the last eighteen months is
proof of this. which the legislator can greatly assist our manufacturers
In fact the ventures made show that wherever quality is in their new field of enterprise.
The third division we have made above in the cost of
a consideration, there we can retain the
market, while
cotton manufactures, is labor.
in relation to certain countries we
We gave some figures on
possess in our position
this point in our Spinners’ Report for
1875, published
special advantages which should give us a monopoly
last January. The general impression has been that in
of the trade.
Very briefly we brought out these facts
this particular we are less
in our last Spinners’ Report of
favored, our wages being
a year ago, and it will
higher. But according to Mr. Atkinson this is not
require but short notice to make them evident here.
The first item in the cost of
manufacturing cotton wholly true. He says that from the data he has been
able to obtain, the wages of picker-tenders,
carders and
goods is the raw material. It is first in importance,
because in most descriptions of goods it makes about spinners are somewhat lower in Great Britain, but that
weavers earn as much in dollars there as with
one-half of the out-go, and in some much more.
us, and
That is
much more in the
to say, with cotton suitable for Print Cloth,
purchasing power of their money
Light Sheet¬
It should also be remembered on this
.subject of wages
ings, and Standard Sheetings, costing in the mill an
that our advantage in cotton would enable us to offset
average of 13 cents, the following would be the propor¬
tions of expense in making up price.
The waste of higher wages to a very considerable percentage. Besides,
it is not a question of lowest
cotton in manufacture is,
payments for labor that
(including about 5 per cent for
will tell in this contest. If it were, India could
quickly
baggingand bands,) 13 per cent net weights of cotton in
out-bid other nations.
On the contrary, experience
the cloth, or say 15 per cent gross
weights of cotton in
bales, which would make the cost of the cotton in the shows that those to whom we pay most—that is, those
as

cloth about 14*95 cents.

The labor which enters into

a

whose wages are even above the
be the cheapest. Furthermore,

market—usually prove to

with us the opening for
pound of cloth is about 2*8 mills per number, and the other
the self-made man is so wide and
easy of access that the
running expenses of mills, including current repairs (but
not including interest on the investment or
depreciation intelligent, faithful, industrious operative, virtually has
a
premium placed upon his excellence; and hence, we
of property) would be nearly as much more,
say 2*7 mills,
think that even if it could be shown that the
making labor and other expenses about 5*5 mills per
wages in
this
number. Hence, the cost per pound of cotton fabrics
country ruled higher, it would still appear that the
is paid for more and better
increase
named would be made up as follows:
work, with a result
Cost per Pound.
Cost per therefore, to say the least, in no degree less favorable.
,

Cotton Fairies.

Priatm? cloth..
No. 32
Light eheeting
No. 22
Standard sheeting..No. 14

This

*

Cotton.

yarn....
yarn....
yarn....

14 93
14’95
14’93

Labor. Other

ex.

Total.

yard.
4 65

8 96

8'64

32 55

6 16
3'92

5 94
3 73

27 05

6 75

22 65

7 94

We thus find the conclusion is inevitable from the

analysis we have made, that there is nothing in the cost
of the manufacture of cotton
goods wherein we stand

analysis shows how great a disadvantage any at a disadvantage with Great Britain; that is to say, we
disparity in price of cotton would be to the manufac. can put goods upon the market at least at as low a price
turer.
And yet we can put this cotton into our mills less as she can. One
point we have passed over for want of
than Eurtpe can put it into their mills
by as much as it space, and that is the difference in the tax laws of the two
costs them for ocean freight, insurance and the
charges countries. It is so broad a subject that it deserves and
of handling in their own
country. If you call this must receive separate treatment. It is only necessary to
difference at present one per cent
per pound, it would, say here that our policy or system is defective and needs
(other things being equal) give us an advantage of amendment, for it is far more oppressive to the manufac¬
about one-third of a cent a yard on Standard
Sheetings, turer than the system adopted in England. But waiving




February 24, 1677 J

THE CHRONICLE

question for the present time, we come to another
point which deserves special attention.
We refer to our navigation laws. Having goods to
sell at a price which would enable us to compete with
the most favored nation, is only one factor in the
problem. The next is, to have the facilities for laying
them down at a market where they are wanted, with as
little cost as our rivals for transportation. But to attain
this,—that is to secure the lowest possible freights,—we
must have, first, direct communication, and second, recip¬
rocal trade. If New York, for instance, were reduced
to the necessity of reaching Chicago by sending all its
merchandise in steamers to Boston, to be trans-shipped
there, an almost impassable barrier would obstruct our

The movement from the United States to these

this

trade in that direction.

Or

with

169

countries is

about 10,000,000

yards, against, as
above, from five to six hundred millions from Great
Britain. Thus we see while prices at the mills are in
our favor; while nearness to the market would
naturally
cause freights to rule in our favor; we are
following a
policy which puts us at a disadvantage in so many par¬
ticulars that we virtually shut ourselves out from this
now

lucrative trade.

Cateat filonetarn anh Commercial

(Sitglia!) Nero a

Bnsllih UarKet Reports—Per Cable,
The daily closing quotations in the markets of London and Liver¬
pool for the past week have been reported by cable, &b shown in

the following summary:

London Money and Stock Market.—The bullion
present com¬
England
haB increased £320,000 during the week.
munications, should New York suddenly cease to want
Mon.
Sat.
Toes.
Wed.
95 13-16 95 13-16
money..95 13-16 95 13-16
anything the West has to sell, the cars would either cease Consols for account..95
13-16 1)5 13-16
95 13-16 95 13-16
even

our

44

running, or else the freight charges on the merchandise
we sent there, must be high enough to cover all the
expenses of the train both ways.
Now these are very
simple, self-evident propositions, and yet we ignore them
iiYour policy. We have manufactured goods for sale?
and the world wants them at our prices; still, during the
past year we have been reduced to the necessity of
sending them to Liverpool (adding handling and freight
charges to the cost of the goods) to be distributed there.
They were cheap when they left our mills—cheaper than
English goods; when they reached their various destina¬
tions we could only boast of quality—not price. A large
portion of the world is much nearer to us than to Liver¬
pool. To supply it, therefore, we have the advantage
of shorter distance. But while the first buddings of a
trade naturally need special encouragement,—not only
every obstacle removed, but every facility granted,—we
do our best to suppress the incipient growth.
For
example, only see how many advantages the English
merchant

has

in

his trade

with Brazil.

First,—he

buy his iron ships at nearly one-third less cost?
a line of steamers requires one-third less capital
than it would require in the United States, permitting at
once lower freights. Second,—in Great Britain, ships are
exempt from taxation, and further than that, all the tea?
coffee, spirits and wines used on board are taken from
bonded warehouse free of duty. Third,—almost every¬
thing Brazil has to sell, except coffee, she can send to
England without any duty added; in America we like
our reciprocity all on one
side. Fourth,—Great Britain
subsidized all her steamship lines in their early existence,
and continued it until they had built up a paying trade;
thus they were, in a great measure, saved the usual sink¬
ing of large amounts of the companies’ money, insepar¬
ably incident to a new venture; and hence, again, the
capital which represents the steamship investment is that
much less than it would be here, and smaller freights
will pay interest on the investment. We must not be
understood by this as advocating the subsidy system.
Let us correct our navigation laws in the other particu¬
lars first, and leave the direct granting of pecuniary aid
for a final consideration. The above, however, is a fair
illustration of the spirit of the two governments. The
result of the English policy is well indicated by the fol¬
lowing statement of "the yards of cloth sent from Great
Britain to the undermentioned countries during the past
can

U.S.68
“

(5-20s,)’65(old)l05#
“

U. S. 10-408
New 5s......

1867... 109#
'. ..1(8#

105#
109#
1C 8#

107#

107#

The quotations
U. S.

new

fives

103#

..

W. Indies & Cen. America. “
Brazils

“

Others. American States.. “
Total




“

1875.

165,600,000
179,200,000 196,800,000
129,600,000 115,100,000
508,430.000

1874.

1873.

46,400,000 42,500,000
195,9J0,O3O 251,200,000 251,000,000
48,200,000

172,830,000
134,300,000

159,100,000
166,800,000

556,000,000 601,709,(00 619,400,000

105#
109#
108#
107#

109#
1C8#
107#

new

in the Bank of
Thnr.

Fri.

95 15-16 96 3-16
95 15-16 96 3-16
196
106

109#
103#
107#

myt
103#
io:#

fives at Frankfort

were :

103#

....

Liverpool Gotton Market.—See special report of cotton.

Liverpool Breadstufts Market.—
Flour (extra State)
$bbl 22
Wheat (R. W. spring).$ ctl 10

d.

10
10
10
24

6
0
8
7
10
6

Peas (Canadian) $ Quarter 36

6

44

(Red winter)... . “
(Av. Cal. white).. 41
44
(C. White club)... “
Corn(n.W. mix.) $1 quarter
44

s.

0
8
9
10 11
24 9
36 6

d.
79 0
67 6
41 0
51 6
72 0

s.

Beef (prime mess) . .# tc.
Pork (W’t. mess).... #bbl
Bacon (l’g clear inid.)$ cwt

Lard (American)....
Cheese (Amer’n fine)

60

44

0
(7 6
41 0
51 6

44

72

0

Liverpool Produce Market.—
Sat.
s. d.

Rosin (common)... tfewt..

(fine)
44
Petroleum(reflned)... .# ga!
“
44
(spirits)
rallow(prime City)..# cwt.
Cloverseed (Am. red).. “
44
Spirits turpentine

10 6
15
10#
41 0
75 0

5

6

10

6
15

0

31

72

0

75

31

50

5
10

10#
41
75
30

Fri.

50
73

Thnr.
d.

8.

6

5
10

6
15

6
6
15

10#

10#
41
75
28

0
0

0

0
0
0

d.

79
66
39
50
73

0
0
9
0
0

66
39

d.

41
75
28

0
0
0

79

Wed.
s.

15

0
0
0

s.

0
6

72

s.

10#
41

Thur,
s. d.

d.
79
0
66 6
40 0

Tues.
d.
5 6
10 6

Mon.
d.

s.

5 9

44

0
6

d.
24 0
9 11
10 8
10 8
10 10
24 9
36 6
8.

s.

41
50

Frh

d.
24 0
10 0
10 8
10 9
10 11
24 9
36 6

s.

Wed.

Tnes.
s. d.
79 0
67 0

Mon.

Sat.
d.

24
10
10
10
10
24
35

10
10

Thur.

d.
0
0
8
9
11
9
6

s.

10

Liverpool Provisions Market.—
s.

Wed.

Tues.
s.
d.
24 0

Mon.
d
24 0
10 0
10 8
10 8
10 11
24 9
36 6

sat.
s.

0
O
6
6
0

Fri.
d.

e.

5

6

10

6
15

„

41
75
29

Ml*
0
0
0

London Produce and Oil Markets.—
Mon.

Sat.

£

s.

d.

Lins’dc’ke(obi).^ tn. 9 i0 0
Linseed (Calcutta)
50 0
Sugar (No. 12 D’ch std)
on spot, $ cwt
30 0
Sperm oil
$ tun.. 89 0 0
“
35 0 0
Whale oil
25 6
Linseed oil....& cwt.
.

d.
9 10 0
50 0

£.

6.

Tues
£ 8. d.
9 10 0
50 0
30
0

30 0
89
35

0 0
35 0 0
25 6

89

0
25

0
0
0
6

Wed
£ 8. d.
#

9 10
50

0

39
0
0
25

0
0
0
6

89
35

0

Thur.
£ 8. d.
9 10 0
50 0

89
35

0
0
0
6

30
0
0
25

Fri.

£

s.

9 10
£0
30
89
36

0

0
25

d.
0
0
0
0
0
6

Commercial anO miscellaneous News.
Imports and Exports for the Week.—The imports this
week show an increase in both dry goods and general mer¬

chandise.

The total imports amount to

$7,022,002 this week,

against f ■4,570,886 last week, and $6,495,787 the previous week*
The exports amount to $4,670,161 this week,against $4,977,839 last
week, and $6,522,846 the previous week. The exports of cotton
the past week were 5,224 bales, against 6,559 bales last week.
The following- are the imports at New York for week ending (for
dry goods) Feb. 15, and for the .week ending (for general mer¬
chandise) Feb.16

:

FOREIGN'IMPORTS AT NEW YORK FOR THE

Dry goods.......

1875.

1876.

13’,7

$1,457,866

$3,653,653

$3,585,610
5,432,573

$2,789,090
4,232,903

$7,974,697

$ ',018,213

$7,022,002

38,366,569

39,667,592

34.149.165

$46,311,257

$18,686,005

$41,171,167

Total for the week.

$9 623.667

42,446,912

In

our

4,316,014

6,165,801

Previously reported....

’

$52,070,60)

Since Jan. 1

WEEK.

1874.

General merchandise...

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
of

Feb. 20:
EXPORTS FROM NEW YORK FOR THE WEEK.

Previously reported....

$4,345,950

$3,952,5S4

$3,440,293

32,673.108

26,803,051

29,558,312

"$17,019,358

$30,753,635

$32,998,607

The following will show the exports
New York for the week ending Feb.

Liverpool
Havana

$l,6tO,161

‘

33,890,437
$38,560,59ft

of specie from the port of
17, 1877, and also a com¬

parison of the total sinse Jan. 1 with the
for several previous years:
Feb. u—Str. Parthia
Feb. 14—Str. Columbus...,

1857.

1874.

1875.

1874.

For the week

Since Jan. 1.

Exported from Gt. Britain to— 18<v6.
yde. 34,ODD,000

British North America

105

for United States

and thus

four years:

same

corresponding figures
Silver bars...
U. 8. gold coin...

Span, donblcons.

$5,900
3.200
16,500

170

THE CHRONICLE

Feb. 15—Str. Colon
Feb. 15—Str. Oder

gold coin..

...Amer.
...

Silver bars
Mex. silver

300
55/00
15,000

Total for the week

Previously reported
Total since Jan.
Same time in—
1876
1675
1874

1, 1877.

$1,984 515
Same time in—

$5,539,988
12.765,171
5.104,800
10.538.0S7
2.131,979

1873
1872
1871

1870....
1869....
1868.
1867....
1866....

$4,872,642
5,352,493
10.592,115
4,508,322
4,326.099

..

6,171,274

The imports of
been as follows :

specie at this port during the same periods have

Feb. 12—Str. Colon

Aspinwall

$2,630

Gold coin
Silver coin
Gold bare
Gold dust

Feb.
Feb.
Feb.
Feb.
Feb.

12—Brig Eiche
12—Str. Oder
16—Str. Canada
16—Str. City of
1?—Str. Tyoee

Laguayra

8,072
-500

5,051
6,903
145,995
160,(00

f?..Gold coin

....Bremen
Bavre

Gold coin
Gold coin

Vera Cruz..Havana

Gold coin

St. Domingo

1,040
767
3,(57

Gold coin

Silver coin

•Total for the week

1334,014
1,884,117

Previously reported....
Total since Jan,
Same time in—
1876
1875
1874...
1873,.

1,1877

$2,218,131
317,293
914 439

,

J872

Same time in—
1871
1870
1869
1868
1867

Louisville Cincinnati &

...

\

$419,734
3.051.570

2,021,640
542,537

2fc'2,603

Lexington.

(For the year ending Dec. 31, 187G.)

earning*.
$1,130,534

Total, 1876
Tota', 1875
Tota', 1S74

r

Increase in 1376
Decrease in >876

Total

Net

operating
$797,5 5

tranp’n
earn’ga
$332,978

80.4,814
888,950

307,091
213,8.6

expenses.

1,116,905
1,102,807
13,628

Other
t

xpenses.

$67,329

77,789

25,587

Net
Profits.

$265,649
229,301

36,347

12,258

10,459

..

1876.

1575.

$4-0,887

$490,556
549,149
30.425

Mail

23,803

30,036
2,901
13,947

$1,130,534

$1,116,903

$11,576

$3,336

24.154

21,732

18,970

15,688
13,684

Telegraph
Miscellaneous

(including interest)

Total

..

OTHER

EXPENSES.

Construction & improvement
Rents to Pitts. Cin. & St. Louis Railroad
Rents to Eliz. Lex. & Big Sandy Railroad
Deficit Louisville Railway transfer
Deficit Newport & Cincinnati Bridge
State tax
Louisv. Cin. & Lex. Company’s expenses
Total
Les- profits on
Less profits on

Louisville Railway transfer
Newport & Cin. Bridge

....

....

....

821
....

15,184

16,856

1,991
$77,789
70)

....
....

holders, recovered judgment for $15,521 50

on unpaid coupons.
Court held that the trustees’ suit for foreclosure was, under
Minnesota statute, no bar to these individual proceedings.
assertion having been made in the Minnesota
Legislature
the Northern Pacific Company would complete the Brainerd
Branch, if allowed to do so, J. S. Kennedy & Co., agents for the
Dutch bondholders, wrote a letter in which they said : ** We

The
the
The
that

beg to state most emphatically that

no such proposition has ever
been made or discussed.”
*
*
*
“ The only
proposition
ever made
by the Northern Pacific Company was that they
would consent to our taking our decree, provided we would
agree
that after reorganization of the company
we would build the
Brainerd Branch, thereafter the line to St. Vincent, and lease
these pieces of road to the Northern Pacific
Company in per¬

petuity, or give them practically the control of the lines thus to
be built, and secure for them the right to operate and use the
branch line to St. Paul.
They have also demanded that we
would agree never to build the line from Breekenridge to Barnes
or Glyndon, or at least for a term of
years.
Failing in this, we
have always been given to understand that they would resist the
foreclosure suit to the last minute, taking advantage of every
possible form of delay, technical or otherwise, known to the

law.”

*

*

4,710

...

...

Total for the year
$77,789
On September 1, 1876, the Shelby Railroad was returned to
its original owners, reducing the miles of road operated by the
receiver (exclusive of the railway transfer) to 208 40 miles.
As
the operations for the years 1875 and 1874, heretofore
reported,
embraced the earnings and expenses of the
Shelby Railroad for

«lull year, tliai portion accruing to said Shelby Railroad from
Se^te nber 1 to close of the year has been deducted from the re¬
sults for 1875 and 1874 here reported, in order to exhibit a correct

comparison of results.
Memphis & Little Rock.—This road and its lands
remaining
unsold will be disposed of at public sale, in foreclosure, at Little
Rock, Ark., on the 27th of April.
Minnesota State Bonds.—The Chicago Tribune says : The

compromise offered the State of Minnesota by Mr. S. Chamberlain, the largest holder of its defaulted railroad bonds, was not
entirely satisfactory to all the members of the committee of the
Legislature having the matter in charge. Mr. Chamberlain has
made a concession of $250,000 on his
previous proposal, and has
written to the committee as follows from this city:
“I will
accept for each 7 per cent, bond surrendered $1,556 in new 6 per
cent, bonds, interest commencing June 1, 1877, or $1,600, interest
commencing January 1, 1878. In either case this is less than 50
per cent, of the amount legally due me, and a further concession
of about $250,000 upon the amount of
my claim.”
The bonds and interest now amount to $7,000,000, and Mr.
Chamberlain is ready to forgive the State more than $3,500,000

United States Land Grants.—By the courtesy of the Com¬
missioner of the Land Office, Hon. J. A. Williamson, the following
statement is furnished of all the lands certified to different rail¬
roads in the year ending June 30, 1876:
Alabama & Chattanooga....
2,188. Southern Minnesota
4,803,
South & N. Alabama
ml
3,107 Hastings & Dakota
480
Memphis & Little Rock..®.
7,897 Leavenworth Lawr. & Galv.
160r
Little Rock &Fort Smith®
61,727 Missouri Kausas & Texas.
84,249’
Cairo & Fulton
6.1,017 St. Joseph & Denver City...
128,376
8,677'
Burlington & Mo. River
280 Mo. Riv. Ft. Scott & Ju:f
Cedar Rapids & Mo. River..
406 Union Pacific
219,373
Dubuque & Sioux City
1,059 Kansas Pacific
63,665
Grand Rapids & Indiana....
2,002 Central Pacific
11,454
Chicago & Northwestern
2,251 Burlington & Missouri Riv.
340
Wisconsin RR. Farm. Mort.
Sioux City & Pacific
400
Land Co
40 Oregon Branch (Centr’l Pac.)
1,520
Wisconsin Central
600 Oregon & California
14,629
St. Paul & Pacific
&
Pacific
642
19,616 Atlantic
.

..

.

Minnesota Central
St. Paul & Sioux City
Lake Superior & Mississippi
Total

40

Southern Pacific

2,238
32,355

285.795

“

.

41,178
1.063,484

The following summary shows the total land grants
the United States Government for railroads and wagon
to Jane 30,1876:

made by
roads up

RECAPITULA’ ION.

■

Est.
States.
Illinois

quantity

in the grants.

Est quantity
which companies
will receive.

Acres

certified or
pa ented.

2,595,053-00

2,59%Q!3 00

Mississippi.

.......

Alabama
Florida.
f ou siana
Arkansas
Missouri
Iowa

.

..

.

2.062,210 00
3,579,120 00
1.578,720-00
4,978,149 14

'.

1,137,130-00

933,158-11

2,708,135-00
1,760,46:-00
660, «11 "7i)
2.753,171 "00

9.812,309" 12
1.760,468-39
1,072,405*45
2,368,494-13
1.824,253-39
3,855,129 24
3, vl 8.129-84
2,625,489" 2 i
6,437,582-92
4,176,156 82

1.949,175 00

Michigan

4,712,<80-29

Wisconsin
Minnesota
Kansas

4,215,327-76
3,343.125-75
3,558.452 69

9,992,041*95

7.876.638-95

9,370,000 00

4,947,C00-(0

..

3

55,717,011 *< 7

37,504.037-85

Cerporations—Pacific RRoads. 159,486,76S-00

150,281,766 00

215,203,807-97
302,93036
221,013-27
1,888,600'03

187,785,^53-85
302,930" 36

217,616,351-60

190,173,397-21

43,267,233 "93

6,859,544-55

4,569,120-44

4,007,590*75

W gon

oads-Wisconsin
Michigan.

Orego

.

...

i....

*,700,629 "72
8,339,490-75

42,060.120 47

221,01303

3 2,930 36
221 013-35

1,863,600-00

683,169 75

Deduct f or lands revcrtc d and

lapsed, and for lands declared
forfeited by Congress ...
Total

....2:0,756,807-05

185,604,276 77

39,259,643-13

Gold and Debt—An American Hand-Book of Finance.—
Messrs. S. C. Griggs & Co., of Chicago, have issued under this title
a neat little volume ot some 275 pages, of which Mr. W. L. Faw¬
cett is the author.
This work is not composed of theories of

finance, but embraces chiefly a compilation of facts in the moat
important fields of practical financial information, and whatever
of theory or principle is given is intended to be a deduction from
the

figures

as

recorded.

reference, and

as

The book is essentially a hand-book for

such may be found useful by many of our

readers.

—The Spencerian steel pens sold by Messrs. Ivison, Blakeman
Taylor & Co., 138 and 140 Grand street, are well known in count¬
ing houses, corporation offices and with professional men as
among the best in the market.
A trial of these superior pens
costs but 25 cents for a sample card of each of the fifteen num¬
bers, and with some of these grades hardly a person couli fail to

of this debt.
The St. Paul Pioneer-Press reports that the joint legislative
committee have reported a bill in accordance with the above,
which provides for an issue of six per cent, bonds to be issued in
lieu of the old bonds and then unpaid coupons to the amount of

be suited.

$1,600 for each outstanding seven per cent, bond and coupons, or
$3,640,000 in all in lieu of an outstanding indebtedness of some¬
thing over $7,000,000. The bill does not go into effect unless the
people shall ratify an act devoting the proceeds of the 500,000
acres of internal improvement land to the
payment of the princi¬
pal and interest.
Portland & Rochester.—The Maine SuDreme Court,on
applu
cation of the city of Portland and other bondholders, h$9
appoint,
ed Mr. George P. Wescott, President, as Receiver,

Belcher
9
Best & Belc. 33




*

...

EARNINGS.

Passenger
Freigl t
Express

St. Paul & Pacific—In the United States Circuit Court at
St. Paul, February 1, Wm. Welsh and R. Patterson, two bond¬

.

The receiver, Mr. Mac Leod, has issued a. condensed statement
■of earnings, expenses and net profits for 1876 :
Gross

[February 24, 1877.

California Mining Stocks.—The following prices, by telegraph,
nished by Messrs. Wm. W. Walceman & Co., 36 Wall street, N. Y.:

Alpha

20

Consol. Vir.. 47

Crown Point. 9
Eureka Cons. £0
Gould & Cur. 13
Hale & Norc. n

Justice

Kentuck..,..

Mexican.

...

13

7
18

are fur

j Savage

8

Sierra Nev...
(Silver Hill...

7
6

Caledonia.... 8
Ophir
25 '.Union Consol 9
California.... 46
Overman..-.. 85
Yel. Jacket . 14
Chol’r Potosi 66
Imperial .... 2
Ray’d & Ely. 6 I
California has deciared a dividend of $2 per share, payable Feb. 15, 1877,
California shipments so far on January account, to $1,313,067.
Texas SECURiTiEs.--Messrs. Forster, Ludlow & Co., 7 Wall st., quote:
State 10s, pens §102)^ 106 Dallas 10s...' 8Ttf
6s of 1892... §93
% S. Ant’io 10a. 90
10s, 1884..
Au&iniC?'.'. &5 •••• GH,&S,6s,g.

State 7s,gld
7s.g 30 yrs

§ With interest.

90
..

8T

Cl]

e

Cankers’ ©alette.

U. S.
U. S.
U. S.
New

week.

banks organized daring the past

No National

DIVIDENDS.
The

following Dividends have
Company.

U. S.

Rolling Stock (10

Cent.

shilling sterling per
FRIDAY,

Whe*
P’able

Hooks

(Days inclusive.)

a

Money Market

Feb.
16.

Feb.
21.

r—Range since Jan, t, ’?7.—%
Lowest.
1
Highest.

105%,
109%
110%

105%

106

109%
108%

109*4
108%

107%

107%

107%

105
Jan. 2| 106
Feb. 22
108% Jan. 21 110% Feb. 6
xl08% Feb. 16,1 110% Feb. H
xt06% Jan. 17! 107% Jan. 16

bonds

State

Railroad Bonds.—In

the largest

sjiade easier.

North Carolina old bonds are pretty steady on

be obtained from
Raleigh.

the prospect that some terms of settlement may
tlie State by the committee men from this city now at
The Missouri State fund commissioners will receive bids for the
sale of $588,000 of the bonds of that State, either
per cent

FEB. 23, 1877-6 P. M.

Situation.—In the
financial markets the weakness in gold and governments, and
the depression in speculative stocks have been the principal
movements worthy of special mention.
The largo falling off
in the gold premium, which has brought tlie price gradually
down to its present figures, has prepared the public mind for any
possible decline, and even at the lowest figures yet touched there
are parties who are still bears and who “ see no reason why gold
should not go down to par.”
The new resumption bill, reported from the Finance Commit¬
tee of the Senate by Mr. Sherman, has also been the occasion of
some talk, and has exerted an influence on the side of lower gold.
The principal sections of the bill are as follows :
Be it enacted, &c., That tne Secretary of the Treasury be and he is hereby
Tlie

58. 10-408
5s

Feb.
9.

jump in prices was in the Louisiana consols, which are dealt in
largely *>n speculation in New Orleans, and sold there to-day at
G3@63L making an advance of about 8 per cent from the lowest
price made here this week. Tennessees and South Carolinas are

Closed.

1

Mar.

share)

6s, 5-20s, 1865, old...
6s, 5-208. 1867 .......

State and

recently been announced :
Per

171

CHRONICLE

THE

February 24, 1877.]

and Financial

G

The City Comptroller of
5 gold, until April 4.
Brooklyn will receive bids till March 1 for $500,000 Brooklyn (>
per cent bonds for the Bridge, and $250,000 assessment fund
In Illinois a bill has been introduced in the Legislature
bonds.
providing for the assumption by the State of the debts of
counties, towns, and cities—amounting, as reported, to some
$40,000,000—and the issue of low interest bonds by the State to
replace the same, which State bonds shall be provided for byWhether it will become a law seems doubtful.
taxation.
In railroad bonds prices have generally been easier, in sym¬
pathy with stocks and gold. The Mississippi Central Railroad,
the northern part of the Illinois Central’s southern connection, is
noticed for sale under the consolidated mortgage on April 26.
In London, on the lGth, it was announced “ that the Erie Rail¬
authorized to issue, in a sum or sums not exceeding in the aggregate $100,00),way trustees have now obtained a majority of assents of the first
000, in redemption of an equal amount of United States notes under the
consolidated mortgage bondholders. The reconstruction scheme
authority of the acts of Feb. 25, 1862, July 11,1802, and March 30, 1863, coupon
In the Ohio & Mississippi matter, the hearing
is therefore safe.”
or registered bonds of the same description and character as those authorized
by the acts of July 14, 1870, and Jan. 20, lb71, redeemable in coin at the present of arguments on the petitions for a change in the receivership
standard value at the pleasure of the United States after 30 years fiom the
was postponed by the United States Circuit Court until February
date of their issue, ana bearing interest payable quarterly in such coin at the
23. From Washington, a press dispatch says : The Secretary of
rate of 4 per cent per annum; such bonds shall be in addition to the loan
the Treasury has decided that, until Congress further legislates,
authorized by the acts of July 14, 1870, and Jan. 20, 1871.
Section 2. That during any one year there shall not be issued of said bonds
he has no option but to apply the whole amount of earnings for
or redeemed of said notes more than $ 25,000,C00, nor more than $4,000,000
mail transportation of tlie Pacific railroads to the liquidation of
during any one month, and when said Treasury notes shall have been so
redeemed^they shall not again be re-issued, but shall be cancelled and de-troyed. the interest account of these roads, notwithstanding the Supreme
No commission in any form shall be paid for the exchange of the bonds issued
Court decision.
The accounts to December 31, 1876, have been
under the provisions of this act.
adjusted, and the following amounts credited to their interest
Tlie third section authorizes the additional issue of silver coin accounts
respectively : Union Pacific, $412,723 ; Central Branch
to an amount which will make the total, includ ng previous
Union Pacific, $11,840 ; Central Pacific, $578 989 ; Sioux City &
issues, not exceed $80,000,000.
Pacific, $14,671. The account of the Kansas Pacific Railroad has
Our local money market lias a superabundant supply of funds not been
adjusted, but there is a balance of about $375,000 due
offering on call, and rates are freely quoted at
@ 4 per cent.
that company for mails.
*
On Thursday the Bank of England report for the week showed
The following were sold at auction :
a gain of £320,000 in bullion, and the
discount rate remains
SHARKS.
SHARES.
31 St. Nicholas Fire Ins
9580 U. S. Fire Inn. Co
160
unchanged at 2 per cent.
"
12 Metiopolitan Ins
36
100 Bank of America
133%
The last statement of the New York City Clearing-House
20 N. Y. & Brooklyn Ferry Co.. 179
50 Merchants’ Bank
118%
hanks, issued, Feb. 17, showed a decrease oi $1,685,421 in the
45 Pennsylvania Coal Co
70 Manhattan Company... .131{&133%
200%
excess above their 25 per cent, legal
125 Nyack & Warren Gaolight
reserve, the whole of such
35 N. Y. Life Ine. & Trust.400@401
for
$500
110 Pacific Bank...
excess being $19,709,100, against $21,394,525 the previous week.
140@142%
BONDS.
24 Mcch. & Traders’ Fire Ins... 191%
The following table shows the changes from the previous
75 Pennsylvania Coal Co
200% $24,000 Chic. Danv. & Vincennes
week and a comparison \\ ith the two preceding years :
RR. (Ind. Div.), 1st mort. 7s,
8 City Fire Ins. Co
167%

68.5-20,

,

1817.
Feb. 17.

r

Feb. 10.

1870.
Feb. 19.

>

Differences.

52 Firemen’s Fund Ins. Co

$250,817,100 $259,051,400 Inc..$2,237,303 $268,011,400 $294,850,100
35,6.6,600
32,005,630 Dec. 3^51,'00 2<;,044.900 12,654,200
Circulation
1 5,554.70-0 Dec.
80,701
15,632,300
17.183,100 22,584,400
Net deposits..
232,035,100 232,658.800 Inc..
623,700 224,762.2X) 236,22)3,8:30
45,306,230 Inc.. "2,021,500 48,9o7,8 0 54,392,800
Legal tenders.
43,766,700

a

decided weakness in prices, and

securities have again

Tennessee 6s, old
do
- 6s, new
North Carolina 6-,

while the decline iu

main cause for this, it is evident that free
exerted a greater influence. Among
the German bankers, most of whom
are supposed to have gone short of the market with the expecta¬
tion of buying in at lower prices, either here or abroad.
Closing prices have b-en as follows :
gold is alleged as the

68,1881
6s, 1831

Called bonds

1867
1868
6s, 5-208,1868

Feb.

Feb.

Feb.

Feb.

17.

19.

20.
112
113

21

regv.Jan. & July.*112% 112%
coup., an. & July. *113% 113

old

*21*4

*18*4
*37%
106

72%

Feb.

Feb.
16.

*42%

*42%
42%
21%

*42

21%

112%

.....

,.

& Nov.*108% *KU% *108% *108*’
*108
& Nov.*R8% *108% *108%
*108%
109% 109%
& July. 109% *0 9% 109%
108%
& July.*103109%
& July.*112 i 112% 112*4 *111%

12*4:111%
reg..Jan. & July.*115% *115% *115% *115
coup..Jan. & July.*115% *115% *115% *115
109%
reg..Mar. & Sept.*110% 110% 110% 113%
coup...'an. & July.*112% 112%

58, 10-408
5e,10-40s...
coup..Mar.&Sfcpt.*114% *114% 114%
58, funded, 1881
reg..Quar.— Feb.*110% 110% 110%
Bs. funded, 1881... coup..Quar.—Feb. 110% llu% 110%
4%8, 1891
reg..Quar.—Feb. 106% 116% ....
4%s, 1891
coupa. Quar.—Feb.
6e, Currency
regl.Jan. & July. *123% 123% 123%
*
This is the price bid;\no sate was made at the Board.

109%

108%

*103
Morris & Essex, 1st mort
N. Y. Cen. & Hud. 1st, coup... ♦117
Ohio & Miss., cons. sink, fund *88
Pittsb. Ft. Wayne & Chic. 1st *119
98
8t. Louis & Iron Mt.. 1st mort

Michigan Central, consol. 7s...

108%
109

108%
111%
112%
*114%
114%
109%
113%
10*%

*

Cu
P

109%
106%

109%

122%

122%

Union Pacific 1st, 6a, gold

sinking fund....

do
*

This

is

104%
97%

42*4 Feb. 13 45 Jan. 11
43V4 Jan. 6
20% Jan. 18 2Jan.

71

*71

104
*112

117%
*88
*98
104
....

the price bid; no sale was rnaae at

Railroad and Miscellaneous

Jan. 16
Jan. 16 38
Jan. 23 106% Feb. 8
2 74
Jan.
Jan. 30

Jan. 5
Feb. 16 85
Jan. 12 108*% Jan. 26
109*4 Feb. 19 110% Jan. 29
64

106

2
2
2
8
Jan.
110
98
Jan. 30
Feb. 16
104
117*4 Feb. 5
118
Jan. 17

89% Feb. 17 93% Jan.
78
Jan. 26 86*4 Jan.
107% Feb. 23 110
Jan.
109
98
101
113

Jan. 15
Jan. 30
2
Jan.

104
Feb. 19
111
1 5% 115% Feb. 23
♦89
81% Jan. 4 88*4 Feb.
Feb.
Jan. 9 121
117
*119
97% Feb. ? 102% Jan.
103% 103 Jan. 9 104/3 Feb.
97
92% Jan. 2 98% Feb.
•

•

•

20
7
3
6
6

the Board.

Stocks.—All the activity in

speculation this week has been on the bear side, and at the
to-day prices were generally near the lowest point reached.
report of the Delaware & Hudson Canal Company, and the

106

»

42% Jan. 23

*37
*37% 38
*105% ♦105% 104

72%

Bonds for three
been as follows:’

Since Jan. 1, 1877.
.
Lowest.
Highest.

,

*78%

64
72
64%
Central Pacific 1st. 6s, gold ... *117% *106% 106%
*109% 109%
Chic. Burl. <fc Quincy consol. 7s
90%
91%
89%
Chic. & Northwest’n, tp., gold
83
83
82%
Chic. M. & St. P. cons, s fd, 7s
108% 108% 107%
Chic. R. I. & Pac. 1st, 7s
*110
Erie 1st, 7s, extended
Lake Sh. & Mich. So.2d cone.cp

112

111%
112%

*42

do
do 2d series..
Missouri 6s, long bonds
District of Columbia, 3-65s 1924
Railroads.
Central of N. J. 1st consol. ..

Feb.
S3.

Feb.
22.

May & Nov

reg/.May
1865
coup..May
6s, 5-208, 1865
6s, 5-20s, 1865, n. i...reg.. Jan.
6e, 5-20e. 1865,n.i..coup..Jan.
6e,5-20s,1867
reg.. Jan.
68 5-20s,

period.

*42%

Virginia 6s, consol

sales by speculators have
the largest sellers have been

Int.

Feb.
9.

States.

$5I@$61

80

weeks past,

..

Bonds.—Government

gold, per bond

170

Closing prices of leading State and Railroad
and the range eince Jan. 1,1877, have

Specie

United States

City Fire Ins. Co

5

1875.
Feb. 20.

Loans and dig.

shown

or

currency

close
The
brief
Lackawanna & Western Rail¬

issued by tlie Delaware,
variously received, some parties thinking that they
The range in prices since Jan. 1, 1877, and the amount of each
showed more real strength than had been supposed, and others
class of bonds outstanding Feb. 1,1877, were as follows:
that the reports, or at least the first named, showed some lack of
Amount Feb 1.
•Range since Jan. 1, 1877present available resources to meet current liabilities. Contrary
I
Lowest
Coupon.
Highest.
Registered
to general expectation, the United States Senate has revived the
17
21
$193,713,000
jll4% Jan.
6e, 1881
reg. 111% Feb.
20
old Pacific Mail subsidy of $500,000 per annum; but it is not
21
89,023
350
6s, 1881
coup. 112% Feb. 29 114% Jan. 19
81.802.950
18,633, K0
109% Jan.
believed that the House will agree to it.
One of the points this
68, 5-20s, 1865
coup. 105% Jan.
5
21 111% Feb
63,863,850 138,793.251 week was an order to show 'cause why a receiver should not be
68, 5-20s, 1865, new..coup. 108% Feb.
224.950
2)3
96
114
Jan.
214,397,800
6s, 5-20s, 1867
coup. 111% Feb. 21
11 117% Jan. 22
15,451,000
22,022,800 appointed for the Delaware & Hudson Canal Company, inadver¬
6s, 5-20s, 1863
coup. 114% Jan.
21 114% Jan. 27
141,983,9.30
tently granted in Chambers by Judge Donohue, and immediately
58, 10-408
reg. 109% Feb.
6
8
52,577,400 vacated when his attention was directed to it.
coup. 112% Jan. 21 114% Feb. 22 225
5e, 10-408
Considering the
041,250
an
112%
9
292,452,900
10-%
Feb.
5e, funded, 1S81.... coup.
immense interests involved and the sensitive condition of finan¬
2
23 103% Jan.
106
Feb.
33,643,'
50
4%s, 1891
reg.
10,*956,930 cial affairs, the transaction excited unfavorable comment. Under
4%s. 1891
coup.
61.62-3.512
3 123% Feb. 5
6e. Currency
reg. 121% Jan.
the severe hammering of the bears, and with the aid of
numerous rumors directed against different slocks, there were*
Closing prices of securities in London have been as follows:




summary

road,

«

,

were

172

me CHRONICLE.

heavy sales to-day, and

a decline in prices to the lowest point
One of the principal rumors was to the effect
that the Grand Trunk Railroad was cutting under on freight rates.

lately reached.

In Boston

notice

we

recently quite

stocks.
The

daily highest and lowest prices have been

do
pref.
C. K. I. ft Pac.
Del.ft B. Canal
Del. L. ft West

Erle
Han. ft St. Jos
do

..

Saturday.
Feb 17.
18
18%

pref.
...

Michigan Cent
N.Y.Cen.&H.R
Ohio ft Miss...
Pacific Mall
St. L. I.M.ft S.
St. L. & K.C.pf
Wab. P.C. R’ts
Union Pacific.
Wert. Un. Tel.
Adams Exp...
American Ex.
United States.
..

Monday.

13

46%
31%
48%
97%
48
65

10%
17%
46%

18%
46%
.32%
49%

11

11

•

•

55%
11
24
135

ll
23
135

/

135% 13 Ik
53
53%
51% 52*
44% 45
97% 98%
5%
5%
25% 25 Y
•

13
47

65% 66%
8%
8%

8%
•

52%
51%
«%

51%
50%
43%
96%
5%
25%

32%
51

67

8%
10%
23

135%
52

5*

•

•50

7%
65*

•

70

•

64%

6i
»x;02 103
53
58%
*49

50

50%
83% 83%

11

46% 47%
32% 31%

83% 83%

51% 53
1)9% 100

46% 50
60% 63%
7% 8*
9% 9%
22% 23
137% 13;%

10%
22%
137
52%

51%.
44%
93%
5%

E

52

o

4S%

51%
41* 41*
95*
5%
3*
25 % 26*

»
c

26
IL

•

•

65

-

•

•

•

•

•

•

6*
6*
64% 65

•

65

61% 66%
*102% 102%

65

66

*102% 103

57% 53
50% 50%

53
50

58
50
81

•

*33* 84%

sale was made at the Board.

no

week, and the range in prices since Jan. 1,

follows:

Atlantic & Pacific Telegraph
Central of New Jersey
Chicago Mil. & St. Paul
do
do

Chicago & Northwestern
do

.

,

pref...
pref...

Delaware <fc Hudson Canal
Delaware Lack. & Western

158, P46
17,355
1,100
1,600
2,593
1,204
166,on

Hannibal & St. Joseph
do

pref

Lake Shore...

Michigan Central

N. Y. Central & Hudson River..
Ohio & Mississippi
Pacific Mail
St.Louis I. M’ntain & South’n..
St. Louis Kan. City & North,
pf..
Wabash Receipts.i
Union Pacific
Western Union Telegraph
Adams Express
American Express •
United States Express
.

Wells, Fargo & Co

9,170
11,168
4,000
36,500
7,250
20,841
13,912
83.662

Erie

Harlem
Illinois Central

Whole

of w’k. ,—Jan. 1, 1377,
Shares
I
Lowest.

Chicago Rock Island & Pacific..

do

•

•

Sales

do

£2*

....

*6%

64*
63%

104

:

•

....

6 %

•

*57%

51

Total sales this

•

69%

68
104

’.04
58%

*

65

64%

•

.

11
18

1J%

7%

10%
23%
135%
*51%
51*
44*
97%
25%

*

....

*6%
64%
69%
103%
*57*

7%

•

2l%

10

50% 52%
64% 65%

25% -26*
m

20%

b* 52%
99% 103%

5%

....

♦This Is the price bid and asked

1554 Feb.

to date.—,

Highest.

Feb. 16 37%
17% Jan. 29, 21
46* Jan. k9 54%
30(4 Feb. 13 £7%
48*4 Feb. 17 58*
97* Feb. 17 102*
45
Feb. 13 74*
60% Feb. 23 77
7*4 Feb. 20: 10,%

Feb. 191141

'200

Jan.

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.

Jan.
Jan.

50*4 Jan. 311 65*4
48% Feb. 23 57%
31,565 41 % Feb. 23 50%
37,017 95% Feb. 23| 104%
5,850
5% Feb. 19! 7%
16,690 23% Jan. 12 26%
200

Jan.

9* Feb. 23 15* Jan.
22Vs Feb. 21 30 Jan.
135

11
24
6

Jail.

Jan.

Jan.

Jan.

Jan.
Feb.

Feb. 3 13
Jan.
Jan. 30i 25
Jan.
Jail. 17i 8% Feb.

Total

83

Feb.

8

89

Jan.

Currency.
$15,236.00' $1,228,706 $1,298,154
16 374,000 1,093, ’60 1,167,834
20,265,0)0 1,073,566 1.130,131
23.552,000 1,747,516 1,853,236

5 55
8 49*4

67

2

91

79

76%

Atch. Top. & S. Fe..Month of Jan
$126,651 $117,417
Bur. C. Rap. & North.2d week of Feb
15,594
20,349
Cairo & St. Louis.... 1st week of Feb.
5,803
4,561
Canada Southern.
Sd week of Feb..
41,813
41,794
Central Pacific...
Month of Jan... 1,125,000
994,33)
Chicago & Alton
21 week of Feb..
83,077
87,600
Chic. Bur. & Quincy.Month ot Dec...
826,120
823.468
Chic. Mil. & St. Paul. .2d week of Feb..
97,000
124,533
Chic. & Northwest..Month of Dec....
909,640
933,339
Chic. R. I. & Pacific.Month of Jan...
500,638
489,638
Cm. Lafay. & Chic., ,1st w-eckof Feb.
5.512
10,137
Clev. Mt. V. & Del.. .2d week of Feb..
6,263
7,225
Denver & Rio Grande.lst week of Feb.
9,4 8*
7,346
Hannibal & St. Jo.. .Month of Dec
158,812
15’,709
Houston & Texas C.. Month of Dec...
375,341
401,592
Illinois Central.
Month of Jan...
374,838
426,163
Do. Ia.leased lines.Monthof Jan
91,661
127,411
Indianap. Bl. & W...lst week of Feb.
21,282
4),667
Int. & Gt. Northern. .1st week of Feb..
34.636
2', 67
Kansas Pacific ......Month of Dec...
SK927
289,825
Louisv. Cin. & Lex..Month of Dec...
96,350
Louisv. & Nashville.July 1 to Fee. 31.
’,755,0 0 2,564 201
Mo. Kansas & Texas.2d week of Feb..
51.000
60,348
Mobile & Ohio
Month of Dec...
300.000
291,014
Nashv.Chatt. &St.L.Month of Jan...
150,466
173,385
Phi a. & Erie
Month of Dec...
298,292
2 0,441
Pad. & Memphis
Month of Jan...
15,110
21,502
Rome Wat. & Ogd .Month of Dec...
86 659
92,628
St-L. A.&T.H.(brchs) 2d week ol Feb..
10.676
Ilf5oo
St. L. I. Mt. & South.2d week of Feb..
111,10)
98,913
St-L. K.C.A North’n.lst week of Feb.
4*, 539
5,J,837
St. L. & Southeastern. 1st week of Feb.
22.708
19,826
St. Paul & S. City, &c. Month of Dec.
64,477
107,562
Tol.Peoria& Warsaw.2d week of Feb..
21,972
15,9 9
Tol. Wab. & West...Month of Dec...
377.221
359.281
Union Pacific
Month of Dec...
953,852
913,151
.

...

•

•

....

to

latest

1877 or
1876.

1876 or
1875.

$126,651 $117,417
104,156 * 133,104
24,002
180,322
1,125 00)

26,354
191,166

994,339
495,700
482,578
12,003.950 11,738,448
569,460
768,013
12,467,640 12,811,227
500,638
4*9,638
29,325
44,560
38,3-8
42,881
52,748*
41,025

1,92’,933

3.162,519
374,838
91,661
113,450
213,832
3.000.799

1,130,535
5.152,290
34 i,G93
2,993,598
150,466
3,352,978
15,1:o

1.66’,473
2,980,053
426,163
127,411
174,053
10'-*,613
3,3 3,760
1,116,906
4,806,542
370.767

1,914,342
173,385
3,365,896
27,502

.

.

.

,

.....

.

1,891,869

2,045,036

the quotations in gold loi foreign and

are

f4 85

..

@ $4 83
@ 3 94

3 87
4 73
3 90

X X Reichmarks....
X Guilders

@
@

4 80
4 10
g, 16 50
@ 15 63
@
122

Spanish Doubloons. 16 25

Dimes & half dimes.

—

94—

Large silver, %8&%s

—

94*@

Five francs

Mexican dollars.

.

-

English silver

Mexican Doubloons 15 50
Fine silver bars
121
Fine gold bars
par@*prem,

Prussian siIv. thalers
Trade dollars

95%
95%

—

—

93

@

—

95

—

98

@

—

99

4 83
68
99

@
@

—

—

4 85
70

@ —191

—

Exchange.—There is the same report of slack business in
foreign bills this week that we have noticed for some time
past.
Prices are off a fraction, and
except for the very moderate supply
of bills offering, prices would
probably go even lower. On actual
business to-day, prime bankers’
sterling was about 4.83 for 60
days’ and 4.84£ for demand.
In domestic exchange the
following were the rates on New
York to-day at the undermentioned cities:
Savannah, buying
selling £; Charleston, scarce, buying £ premium, selling ^ pre¬
mium; Cincinnati, steady, buying par, selling 1-10; St. Louis, 50
premium; New Orleans, commercial, 3-16, bank, £;
Chicago, 50
discount.
Feb. 23.

71,077

57,898

62’>.3 0
288.581
112,830

48*730

931,648

305,936
V 0,668
877,476

114 494

154 435

12,818,725 11,993,832

*

The earnings this
year are based on additional mileage, as the Trinidad
extension, embraced -m this year's figures, was not included
during corre¬
sponding time last year.
I'l&e Gold iMarUet.—Gold has
again shown weakness, and
after declining on

Wednesday to 104$, sold this morning at
104|, the lowest price yet made. Afterwards, on reports from
Washington that any resumption measure would probably not
be adopted at this session, the
price went up to 10o4 and
closed at 105.
On gold loans the terms were
3£, 2, 3, 2£, 1^ and
1 per cent, for carrying, and loans were also made flat. Silver
is
quoted in London to-day at
'Customs receipts of the week
at this port were $2,018,000.

60

Prime bankers’ sterling bills on London,
Good bankers’ and prime commercial
Good commercial
Documentary commercial
Pans (francs)

Antwerp (francs)

(guilders)
Hamburg (reichmark?)

40

The transactions for the
Custom
House

Receipts.
3544.000

Feb. 17
“

“
“
“

ween

at

5.18%'@5.!5%
5.1 is % @5.15%
49 %@ 4oyt
95
@ 95%
95 @ 95%
95 @ 95%
95
@ 95%

94%
91%

me (justotn

nous) ana

duo

Sub-Treasury.

$790,081 56

20
21
22

567,000
3i5,000

237,175 17
594,900 00
345,096 5!

23

296,000

395,962 46

New York

@4.84
@4.83
5.18% @5.15%

40%
94%
94%

Receipts.
Gold.
Currency.

/

266.0)3

Balance. Feb. 16
Balance, “
23

4 83
4.82

follows:

as

19.......

$2 018 000

@

94%@
94%@
94*4@
94%@

Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)

@4 85

4.83*4 @4.64 *4

5.20% @5.13%

Amsterdam

days.

4.81

5.20*@5.18%
5.20*@5.13%

,...

Treasury have been

3

4.80*4@4.81*4

Swiss (francs)

s

days.

4 82%^4.83‘4
4.82
@4 >2%
4.81 @4.82

..

Payments.

Gold.

$2)2,763 86

$311,476 68

89 U86 51

Currency.

$428,611 15

100,292 90
229,7 i0 80

745,41121
856,079 19

Holiday.
1,834,910 82

557,685 04

1,259,217 60

554,630 15
660,054 23

169,313 60

1,767,835 44

$2,413,215 70 $4,641,351 60 $2,070,041 58 $3,963,816 07
71.359,882 87 44.232,355 53
71.694,056 99 44,907,891 07

City

Banks*—The following statement shows
the condition of the Associated Banks of New York
City for the
week ending at the commencement of business on Feb.
17, 1877:
•AVEBA.eX AMOUNT OF

Jan. 1 to latest date

,

ls76 or
1875.

.....

55,871,030

......

The following
American coin:

Total

in the second column.

1877 or
1876.

.

105* 1)4* 105* 105
$132,298,00' $
$
'.05*1105* 10G
105* 122,456,000 1,353,342 1,437,225
107% U4* 107* 105

Jan. 1 to date

Sovereigns
Napoleons

•

Gold.

14**!'22

20% 109%
3 IS1/*1 46%
5 40% | 84*
23 31% 45%
23 55%: 67%
22 98*4;lll%
4 61% 125
13 64% 120%
22
7% 23%
5 10% 22%
5 18% 33%
27 130% 145
5 60% 103%
13 48% 68%
23 34% 65%
20 96
117%
5
6
24%
20 16% 39%
4 10
26%
13 22% 33

The latest railroad earnings, and the totals from
Jan. 1

•Latest earnings reported

Current week
Previous week

•

Balances.

,

Clearings.

3

2
Feb. 5 57% 74%
Jan. 22 63% 80%
Jan. 27 100
114

1,“05' 59% Jan. 15j 68
240,330 6 2% Feb. 20 78
85 100*4 Jan.
9:0 5
92 56* Jan.
2: 60% Feb.
256 43
Jan. 31! 59% Jan.
60

Low. High

3 21* Feb. 23

10

year 1876.

dates, are given below. The statement includes the gross earn¬
ings of ail railroads from which returns can be obtained. The
columns UDder the heading "Jan. 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the
report mentioned




•Quotations
Op’u Low. High Clos.
Saturday, Feb. 17
105* 105* 105% U’5*
Monday,
“
19
HD* 105'/, 105* 105*
2)....
Tuesday,
“
105* 105% 105* 105*
Wednesday, *\ 21
105,% 104* 105* 104*
Holi day.
Thursday, ' “ 22..,.
2i
Friday,
“
10431* 104* 105* 105
...

Feb. 23.

5

99%
57%

5%

Frldav,

Feb. 22.

18* 18*
47% 48
32% 33%

43

51%
43% 44%
96% 93%

5%
25%

Feb. 21.
20
21
11
12%

12%
13>;

52

follows:

as

Wednes’y, Thursday,

.0

50%

93

•

Wells, Fargo.. *83% 84

were as

13%
11*
17%
46%
32*
49%
93%
53 %
6-*%
7%
10%
22%
135%

11*

52

653?

'23

Feb. 20.

52
32%
43% 50%
98
9S%

93%
52%

8%

Tuesday,

Feb. 19.
18
18%

10% 11%

...

Harlem
Ill. Central
Lake Shore...

1876,

advance ia manufacturing

The following table will show the course of
gold and gold
clearings and balances each day of the past week:

...

At.&Pac. Tel.
Central of N J
C. Mil. ft St. P.
do
pref.
Chic. A North.

..^

an

(February 24, 1877

Banks.
New York.
Manhattan Co
Merchants’

Capital.
$3,000,000
2,050,000
3,000,000
2,000,00C
1,500,000
3,000,000

.

Mechanics’
Union
America
Phoenix

"

1,000.000
1,000,000
l.OOO.'JOO

City
Tradesmen’s
Fulton
Chemical
Merchants’ Exch...
Butchers’&Dro vers’
Mechanics ft Traders
Greenwich
Leather Manuf
Seventh Ward....
State of N. York..
American Exch’ge.
Commerce
Broadwa\*
Mercantile
Pacific
Republic
Chatham

$3.737,<09
6.315.200
7,625.8(0
6,709,600
4.234.70C
9.104.40U
3,235.000
5.120.600

3,197,400

600,000
800,000

Gallatin, National..

Loans and
! Discounts.

1,000.000
1,500,000
500,000
600.000
200,000
600,000
300.000
SlO.COJ

422.700
450.000

6,678.300
5.8:4.300
5 658.4(0
3.738,400
3.12!.408
3.763,000
4,127,1 00
1.9-8.400
1.53C.700
9.655,900
3,< 4S.9(0

7.500
192.400
166 000

554,i3(0
1.002,690
711,503

2.969.5(0
7?',3'Hi

1,'037.600

£67 9(0

999.000

797.000

50b .000

1.766.200

1,060.000
263.400

S.77«.nLO

1,151,500

3,360.400
4.172.000

525.300
£64,700
55,000

2.237.700
4 6.400
37'., 1(0
294."00

24,900

273.600

3,'9 7.500

5! 1,600

914,900
2.143.700
12.394.000

1(6,300
1.479.000

l,i05,(00

2.0:1,700

8,138,600

191.200

643.700
929.0(0
544,800

293,900

2.131.600
2.3-7,910

29. UO
516.500

50 (.600

2,9A4.2(Jd
1.343.200

299,000

£80.000

17,<50®

2,2.500
3.6,000

412,500

2.282.9‘JC

172,000

3.515.9C0

334.4(0

500.000

2,l’i8.00C

3.000,COO
6(30,000
l.UOO.OOO

11.569.000
1.579.300
2.25O.9J0

85,"90
1.199,(00
128.4(0
51.400
223.70C
159.3J0

300.000

400.000

Importers’* Trad’rs
Park
Mech. Bank’gAsao.
Grocers’
North River
East River
Manufact’rs’ ft Mer.
Fourth National....
Central National...
3econd National....
Ninth National.
First National
Third National
N.Y.National Exch.
Tenth National....
...

Bowery National....
New York Co.Nat..
German American.

Dry Goods
Total

1,500,000
2,000.000
500,000
300.000

2.6'3.309
2.0.6.100
4 212.000
2.904 500

25S.500
17.000
313.800

1,063.6u(i

100.000

407.390

1,500,CGC

500,000

1,2:2.400

402.100
US.4J0

1.299.200
1.751.3(0
16.497 6<(l
11 614.309

400,000
350,000
2,000,000
300,000

1,5 37.490

3-9.500
443.000
1,365,000
421/00
3o.).600
(5 >,100
823,400
462,000
8(9.100
442,(00
24. .700
237.6 C
3.558,30G

3.301,200

716.190
S25.7C0
797 a C

3,759 00(■

-

2 753.700

1.000,000

■

173,200
903,300
153.7 UO
253.600

1.000.000

1,000.000
i,oou,ooe
1,000.000
1,000,000
1,500,000

*

429.500

People’s

Citizens
Nassau
Market
St. Nicholas
3hoe and Leather.
Corn Exchange
Continental
Oriental
Marine

9-1.9 JO

......

Hanover

Irving.
Metropolitan

1,576.600

2,3J4,2< 0
243.5(0
232,900

19.(35.000
4.VS M00

1,500,000

Circnla*

1,42*,3U0

1.496.000
1.875,700
739,700

5,000,000
10,000,000
1,000,000
1,000,000

Legal
Net
8pecie.
Tenders. Deposits.
$2,913,600 $1,077,8(0 $lU,342.3lfc

945.7‘JO
7.5F7.00G
1.795.(100
5 901,400
5.3 1.000
6.33 ,9;c
l.< 31.3(0

16

2.611,900
899.300
45.U00

1,123.100

5,400

2,013.400
2.352.700
2,041.000

1J',116,0(0

210.300
501.300

562.9 0

1,517.600

555,700
225.100

74S 9.0
700.900

;,o:4,7oc

2, <31,5(11
l,:i93.(X)0

4,700
....

231.5 0
20.000

4^00

2-115.300
1.(31.400

146.00C
103.4l0
1?9.7'JG

1.535,0(0

291.400
85.700
18.(00
132.3(0
3.900

l.(37.SiO

17.100
61.500
1.3(11

4.0,5l 0
934,0(0
2b3.HX)
245.200
239,100
329,200
591.200
£60,100

450.0*0
271.090

3.337 0(0

679,SIX)

M.i'OO

36.500
45.(00
297J0U0

1.663.9(0
2 260.900
l.bS5.*i‘J3

871.K0

250,000

2,65‘:.09G
1,743.200

266,900

919,300
2.U9.9U0
9.501/'00
9.‘.41.600
3,459.100
3,2 0,900
2.171,300
2.311,1(0
2.991,700

179.8-JC

2d (00

500,4(0
4»2.0J0
98,000

3.407,590

?p<no

I.SU61O

664,8'JO

195.700
2.700

2 9.400

510.J10
366.0 0
371.4 0
1,547.2 0
l,;6V«dl

1,100

270,00C

8(3 9 J0

3,3*9,500

36 5,0

1,000,000
1,009.000

1,133.300
•

61.3(0

1 6: 9.30C

1.203.5(0

l ,890,000

1.S67.80U
19.(06,500
15.(9 ,500

1,000,000
300,000
5)0,000
2 <10,000

2,350.200

tlon.

$23,(00

162,4. 0
’3.6.7,0.0
6.929.010
2.025.(00
5 683 90C

468,700
60/00
306 0^)

62,900
%

•

•

• «

1.051,600
1,342,000
222.000
(30.0 JO

6,666.6,0
8.527,1(0

ibU,CO0

697.500
1.109.5 JO

137,00)

837.0 0

224,108
180,0U0

1,181,400
2.572 300

49.400

450.000

••»•••

1,232,700

$74.135.200 $259,054 4)0 $3.\C65.6(C J13.8J3.200 $232,053,300 $15,551,700

173

THE CHRONICLE

February 24, 1877.)

GENERAL QUOTATIONS OF STOCKS AND BONDS,
Quotations in New York represent the per c©nt value, whatever the par may be; other quotations frequently represent the proportion of par
The following abbreviations are often used, viz.: “M./’for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “end.,” for endorsed; “eon*./
for consolidated; “ conv.,” for convertible; “ s. f.,” for sinking fund; “ 1. g.,” for land grant.
Quotations in Now York are to Thursday; from other cities, to late mail dates.
Subscriber© will confer aflivor

by giving notice of any error discovered In these Quotations.

South Carolina—6s
6s

rog-.J & J 111% 11134

Gs, 1881
Gw, 1881
Called Bonds

...?

6s, funding act, 1866
6s, Land C., ’89
6s, Laud C., 1889

UNITED STATES BONDS.

Bid.

State Securities.

Ask.

Bid.

United States Bonds.

J & J
A & O

J & J
J & J
A&O

7s of 1888

6s, non-fundable bonds
Var.
coup..J & J 112*4 112%
6s, consols, 1893
J & J
reg
Tennessee—6s, old,’75-1900..J & J
do
coup
6s, new bonds, 1875-1900...J & J
6s, 5-20s, 1865
rcg..M&$* 108
6s, new series, 1914
J & J
108
6s, 5-20s, 1865
coup..M& N
Texas—6s, 1892
M&S
108%
reg. J & J
6a, 5-20s, 1865, new
7s, gold, 1910
M&S
109
108%
6s, 5-20s, 1865, new... coup. J & J
7s, gold, 1904
J & J
111%
6s, 5-20s, 1867
reg..J & J
J & J
10s, 1884....
6s, 5-20s, 1867
coup..J & J 111% 111%
10s, pension, 1894
J & J
115
6s, 5-20s, 1868..
reg..J & J
Vermont—6s, 1890
J & D
115
6s, 5-20s, 1868
coup..J & J
Virginia—6s, old, 1886-’95
J & J
5s, 10-40s
rog..M& S 109% 110
6s,
new bonds, 1886-1895...J & J
5a, 10-40s
coup..M& S 113%
6s, consol., 1905
J & J
reg.. Q—F 109% 109%
5s, funded, 1881
6s,
do
ex-coup., 1905...J & J
5s, funded, 1881
coup.. Q—F 109%! 109%
6s, consol., 2d series
J & J
106%
4*38,1891
reg.. Q-M 106
Gs. deferred bonds
4*28, 1891
coup.. Q—M
Gs, Currency
rcg..J & J 122 34
CITY SECURITIES.
STATE

Albany, N. Y.—6s

SECURITIES.

7s

Allegheny, Pa.—4s
Vario s
88, Mont. & Eufaula RR
8a, Alabama & Chatt., 1899. J & j

Alabama—5s, fundable

•
J & I
8s of 1892
2a of 1906, funded “A”
J& J
5s of 1906, funded, RR. “ B”....
.

Arkansas—6s, funded, 1899 ..J & J

6s, 1876-’90
Wharf 7s, 1880
Allegheny Co., 5s
Atlanta, Ga.—7s

34
r

17
35
42
25
8

36%

Do.

8s

Augusta, Me.—6s, 1887,
Augusta, Ga—7s

48

’

Ask.

35
35
35
45
45

35
2%
55

42%
42%
42%
92
106
107
100

42%
42%

J & J

70
90

96

1903

Certifs. of st’k (’28) 5s, at pleas

96
109
110
103

do

(’43) 6s,

do

Georgetown—Gen’l st’k, 8s, ’81.

..

6s, various
Board P.W.,ctfs.imp. 8s,’76-8...
Certificates, sewer, 8s, ’74-77
Water certificates, 8s, 1877
..

72

71*4
72%

97
97
97
100
100
93
100
99
75
90

95
96
90
97
96
70
85
96
85

100
95
45

94
35
96

101

East

Saginaw, Mich—8s
Elizabeth, N.J.—7s, imp.,’76-86. Var. t97% 100

Var. 95% 98
100
A&O 95
107%
Fall River, Mass.—6s, 1904.. .F& At 107
5s, 1894, gold
F&At 103% 103%
93
90
Fredericksburg, Va.—7s..
Galveston, Tex.—10s, ’80-’95 ..Var
100
Galvest’n County,10s, 1901.J & J 97
Grand Rapids, Mich.—8s, wat. A & O .06
Georgetown, D.C.—See Dist. of Col.
Harrisburg, Pa—6s,coupon
Var.
105
100
Hartford, Ct.—City 6s, various
115
PI 3
Capitol, untax, 6s
104
102
Hartford Town bonds, 6s
112
do
do
6s, untax... 110
42
55
Houston, Tox.—10s
44
35
6s, funded
Indianapolis, Iud.-7-30s,’93-99.J&J 105
102
Jersey City—6s, water, long, 1895.. 101
110
7s,
do
1899-1902
J & J 109
102
7s, sewerage, 1877-’79
J & J 101
102
7s, assessment, ’77-79. J & J-M& N 101
109
7s, improvement, 1891-’u4.:..Var. 103
106
7s, Bergon, long
.J & J 105
Hudson County, 6s
A&O 100 101
7s, funded, 1880-’95
7s, consol., 1885-98

67%
7%

102

J&J
J&J

Washington—10-year 6s, ’78..Var
Fund, loan (Cong.) 6s, g.,’92...
Fund, loan (Leg.)6s, g., 1902.. g

39

Various

95
95

do

56
42 34

102% 105
29
31
79
66 34

Dist. Columbia—
Consol. 3-G5s, 1924. coup
F &A
do
reg
Perm. imp. 6a, guar., 1891..J & J
do
7s, 1891
J&J

Market stock bds, 7s, 92
Water stock bds, 7s, 1901

Ask.

Bid.

Citt Securities.

106%

Various 108

112
71
91
J & J
J & J 94% 95
82
J & J 81
76
82
82
88
105
mun..F&At 104
85
Various 78
95
103

Austin, Texas—10s
Baltimore—6s, City Hall, 1884.Q—J 108% 109%
6s, water, payable at will...M&Nt 106*4 10634l
9
10934!
>
11
6s, Pitts. & Con’v.RR.,1886. J & J 109
6s, consol., 1890
9
Q—J 109% 10934!
10
6s, Balt. & O. loan, 1890
Q—J 109 109%|
6s, Park, 1890
Q-M 109 109%l
& j
6s, bounty, 1893
M& 8 109% 109%'
& I 111%
115
do
7s.M&S and J&D 106
*07
6s,
do
exempt, 1893... M & S 114
& O) 1113
108
Bayonue City, 7s, long
J&J 104
6s, funding, 1894
Delaware—6s
J & J 105
J & J 109% 109%
90
6s, 1900
J&J 109*4 10934 Lawrence, Mass.—6s, 1894. ..A& 01 108% 108%
Florida—Consol, gold 6s
J & I 75
100
95
95
Long Island City, N. Y
1
93
6s, West. Md. RR., 1902....J & J 93
101% 102%
5s, consol, 1885
Q—J{ 109*4 109% Louisville, Ky.—7s, long dates. Vart 102
J & I 106
7s, new bonds
104%
112
103
7s, short dates
Var.
6s, Valley RR., 1886
A & O 111
7s, endorsed
103%
6s, long
Var. t97% 98%
Bangor. Me.—6s, RR.,l890-’94.Var.1! 103
7s, gold bonds
Q- J 106*4
6s, short
Var t97% 98%
113
6s, water, 1905
J & Jltl03 105
8s, ’76, ’86
A & )!110
M&N1 103*4 108%
6s, E.& N.A. Railroad, 1894.J & Jf! 101% 102% Lowell, Mass.—6s, 1894
Illinois—6s, coupon, 1877
J & I!
95
6s. B. & Piscataquis RR.,’99.A&Ot|101% 102
Lynchburg, Va—6s
J & J 92
r 101
108
8s
..J & J 108
Bath, Me.—6s, railroad aid
r! 101
Var 101% 1021
Lynn, Mass.—6s, 1887
F&At 108*4 108%
Bay City, Mich.—8s
1
1103 105
Kansas—7s, ’76 to ’99
J & r 1100
83
82
Macon, Ga.—7s
102
Belfast, Me.—6s, railroad aid
M01% 102
Kentucky—6s
102
101%
H.—5s,
Manchester,
N.
1882-’85...t
Boston, Mass.—6s
106
105
6s, 189 f.
6s, currency, long, 1905
Var.till3%
Var.
8s, non-fundable
32%
61
Memphis, Tenn.—6s, old, C...J & J 29
6s, currency, short, 1880 ....Var.tll06%
New consol. 7s, 1914
J & r 596 s, new, A&B
J &J 22% 25
5s, gold, 1905
Var.t!H034
Maine—Bounty, 6s, 1889
J & > 11034 lilt
tno
111
War debts assumed, 6s, ’89. A &
Sterling, 5s, gold, 1893
A&O ti 103
40
30
do
6s, end., M. & C. RR.
111% 112*4
5s, gold, 1899
J&J U03
Maryland—6s, defence, 1893. J &
96
do
[ilwaukee,
Wis.—5s,
1
112
113
5s,
1902
A&O
gold,
^104
6s, exempt, 1887
J &
106
104
-s,
106*4 103% Brooklyn, N.Y.—7s, ’76-80....J & Jjl02
6s, Hospital, 1882-87
J &
108
105
J &
7s, water, 1902
108
110
7s, 1881-95
J & J|107
25
22
95
Mobile, Ala.—8s
J &
103
7s, Park, 1915-24
.....J & J1II6
5s, 1880-’90
Q30
25
5s
J
&
1061
J & J 116%
105%
7s, Water, 1924
Massachusetts—6s, 1877,gold.J &
50
43
111 - 111%
7s, Bridge, 1915
J & J|114
40
20
.J &
Montgomery, Ala.—8s...
6s, Water, 1902-5
J & J 107
:io3 105
5s, g., sterling, 1891
J &
80
70
Nashville, Tenn.—6s, old.
J&J 107
do
do
1891
M&
6s, Park, 1900-1924
1104 106
77%
70
6s, new
Kings Co. 7s, 1882-’89
do
do
1888
A & ►•riot 106
M & N 108
101
100
do
6s, 1877-’86
M&N 100
Michigan—6s, 1878-79
J & i 101
no
109
100%
7s,
101
long
Var.
N,
iBuffalo,
Y.—7s,
1876-’80....Var.
6s, 1883
J &
112
111
1113%
7s, 1830-’95
Var. 105
107% 108
New Bedford, Mass.—6s, 1893...
35
50
7s, water, long
Var. 1109
102
100
101
N.
Brunswick.
N.
J.—7s
6s,
Park,
1926
M&S
,
100%
Missouri—6s, 1877
J &
108
107%
102
Camden
Co., N. J.—6s, coup.
101*4
6s, 1878
J &
102
100
102
N.
Ct.—Town,
Haven,
6s,
Air
Line...
Camden
10534 106%
City, N. J.—6s, coup
Funding bonds, 1894-95
J &
100
98
108
Town,
6s,
war
loan
7s, reg. and coup
105%| 105%!
Long bds, ’82 to ’90
,J &
101
10,9
do
6s, Town Hall
Charleston, S.C.—6s, st’k,’76-98..Q-J 53
Asylum or University, 1892. J & 1105%'
113
112
7‘)
City, 7s, sewerage..
7s, fire loan bonds, 1890
Hannibal & St. Jo., 1886.... J &
105%!
J & J
101
100
do
6s, City Hall
do
7s, noil-tax bonds
do
1887.... J&
105%l
104
101
do
7s, Q’nnipick Bridge
Illll ! 1 ll %! Chicago, Ill—6s, long dates
N. Hampshire—6s, 1892-1905. J &
J & J, 199
New Orleans, La.—
New Jersey—6s, 1897-1902.. .J & ,T !*103 I 103
7s, sewerage, 1892-’93
J & Jtjl07
32
30
Premium bonds
7s, water, 1890-’95
J & Jf!l07
6s, exempt, 1877-1896
J & J *108 ! no
Premium
bonds,
drawn
numbers.
New York— '
7s, river impr., 1890-’95
J & J1 107
47
Consolidated 6s, 1392
Var. 42
7s, 1890-’95
:....J & Jlj 107
Bounty stock, reg., 1877
J & J
Railroad issues, 6s, ’75 & ’94..Var.
Certificates
do
past-due
bonds, coup., 1877. .J & J 101%:
| 19S%!100
Wharf impr., 7-30s, 1380. •..J &D '42“ "56"
Cook Co. 7s, 1380
106
108
M & Njtl04 ' *"
6s, Canal loan, 1877
All others sold on basis of prem’ms
do
7s, 1392
M&N 107
6s,'
do
1878
J & J 106
New York City—
Lake View Water Loan 7s
j 198
6s, gold, reg., 1887
J & J 120 124
103
Lincoln Park 7s
1 194
Q—F 1100 103
6s, water stock, 1876-80
6s, gold, coup., 1887
J & J 120
tioo
Park
do
1877-79
Q-F
Smith
6s,
120
7s,
&
J;
1876-’79....J
t96
6s, gold, 1883
J & J
West Park 7s. 1890
i t
5s,
do
1890
Q—F 1100 106
6s, gold, 1891
J & J 121
103
Os,
do
1883-90
Q-F
122
Cincinnati,
O—6s,
long
Various; 198
6s, gold, 1892.
A&O
106
103
6s,
aqueduct
stock,
’84-1911..Q—F
6s.
short
123
Various!
196
6s, gold, 1893
J & J
118
115
Various
1110
7-30s
7s,
pipes
and
mains,
1900.
.M
&
N
22 %L
N. Carolina—6s, old, ’68-’9S..J & J 21
109
108
Various'1108
6s,
bonds,
1907-’11.Q—F
7s
reservoir
22 %|
6s, old
A & O 21
"
5s, Cent. Park bonds, ’77-98.. Q—F 100
Southern RR. 7-30s, 1902.. J&J IS 103%
6s, N C. RR
J & J 67
1
Os,
do
do
’77-95.. Q—F 100 108
7-30s, new
|U02
6s,
do
A&O 67
119
118
do
Gs, g., 1906..M & N'1100
coup, oft'
6s,
do
J & J 45
108
107
1905
do
6s,
Hamilton
Co.
45
0.,*6s
|i*95
6s,
A&O
do
coup, off
101% 102
do
17
16
7s,
short
6s, Funding act of 1866
J & J
j 198
118
116
do
long 7s and 7-30s tl05
17
Gs,
do
1868
A&O 16
tlOl
12
Cleveland,
O.—6s,
long,
Various MOO
Gs, new bonds
J & J
105
104
...Various! 197%'
6s, short
6s,
do
....A&O 12
117
115
do
1879-90.
t
s,
VariousjtlOG
2%! 3 i 7s, long
6s, special tax, class 1
A&O
105% 106%
Various! 1103
7s, short
2%’
6s,
do
class 2
A&O
105
6s, street impr. stock, 1888.M & N 102%
Special 7s, I87G-’81
Yearly 1103
68,
do
class 3
A&O
2%!^ 3
7s,
do
do
’79-82.M & N 104 -107
Columbia, 8.C.—6s, bonds
Ohio—6s, 1881
J & J 104 I
114
113
6s, gold, new consol., 1896
Columbus, Ga.—7s, Various
Var.
6s, 1886
J & J 112 f
107
106
Westchester
1891
7s,
Co.,
*109
L01
I
Covington.
Ky.—7.30s.'.
Pennsylvania—5s, gold,’77-3.F & A
90
83
Norfolk,Va.—6s,
reg.stk,’78-85.J&J
8
s
93
101%
5s, cur., reg., 1877-82
F & A
103
96
coup.,
1S90-93
Var.
8s,
Dayton, O.—8s
6s, 10-15, reg., 1877-’82
F & A 101% ro2
8s, water, 1901
M&N 103 108*4
L11% Detroit, Mich.—7s, long
Var.
F & A no
6s, 15-25, reg., 1832-’92
104
100
Orange,
N.
J.—7s
Rhode Island—Gs, 1882-94... Var. 110
7s, water, long
Var.
7s, L. R. &Ft. S. issue, 1900. A
78, Memphis & L. R., 1899..A
7s, L. R. P.B.&N.O., 1900..A
7s,Miss. O. & R. Riv.% 1900. .A
7s, Ark. Central RR., 1900. A
7s, Levee of 1872
J
California—6s, 1893
Connecticut—6s, ’81-’94
J
6s, untaxable, 1885
A

&
&
&
&
&

1
1

.

8
8
8
3
8

■

r

•

...

101%!

....

1

....'!

*

Price nominal; no late transactions.




t Purchasers also pay accrued interest

In London

174

THE

[February 24, 1677.

CHRONICLE.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
For

Ask.

Bid.

City Securities.

Explanations See Notes at Head of First Page.
Railroad Bonds.

Bid.

Ask.

Cin. Ham. & D.—(Continued)Cin. II. & I., 1st M., 7s, 1903.J&J
Cin. Laf.& Ch.—1st, 7s,g.,1901.M&8
Consol, mort., 7s, g., 1914. ..J&J|
Cin. Rich. &Chic.—1st, 7s, ’95. J&J ’
Cin. Rich. & F. W.—1 st, 7s, g... J&I)|
Cin. Saiul’ky & Cl.—Os, 1900. .F&A05
t 05

Boston & Maine—7s, 1893-94 J&J tllO^
HIOI4 110%
Bost. & N. Y. Air L.—1st 7s.
100
Paterson, N. J.—7s, long
Var
87% ‘bo” Boston & Provid'd*—'7s, 1893. J&J t 115
J & I
Petersburg, Va.—6s
100
97
■Bruns’k & Alb.—1st, end.,Os, g.A&O no
8s
J & I
Buff. Brad.& P.—Gen. M.7s,’90.J&J
108
*52
97
00
8s, special tax
100
*97
05
Buff.Corry&P—1 st M.,7s,’80.J&J *50
Philadelphia, Pa.—5s, reg
J &
91
97
106% 107% B u ft’. N. Y. & Erie-1 st M. ,7s,’77. J&I)
5s, old, reg
J &
112
1121-2 Buff.N. Y.& Phil.—1st, Gs,g.,’90.J&J
6s, new, reg
J &
09
Bin*. C. R. & Minn.—1st, 7s, g.M&N
68
40% 44 ‘
OO
90
80
Mil. Div., 1 st M., 7s.g., 1902.F&A
24
*11 He 112
Pac. exten., 7s, g., 1909
7
15
J&J
Muse, exten., 7s, g., 1908.. .M&8
10
7s, street imp., reg, ’83-80 . ..Vai 109% 1101-2
0
no
t
Inc. and equip., 7s, g., 1904. J&D
Port Huron, Mich.—10s
1%
Portland, Me.—6s, Municipal..Var. f 103
103121 Bur. & Mo. R.—L’d M., 7s,’93.A&0 HO91-2 no
Conv. 8s, various scries
Railroad aid various
no
J&J tl08
jtlOl 102
It 101 102 | ! Bur.& Mo.(Neb.)—1st M.,8s, 94.J&J 110034 107
110
!
96
8s, conv., 1883
J&J t 95
| 109
18
Bur.&Southw.—1st M., 8s,’95.M&N
20
Providence, R.I.—5s, g.,1900-5. J&J 1107% 108
40
6s, gold, 1900
J&J
.Cairo & St.L.—1st M.,7s, 1901.A&O *30
Cairo & Vine.—1st, 7s, g.,1909. A&O 728
32
M & 8 1107’
6s, 1885
99
Califor. Pac.—1st M.,7s, g.,’89.J&J
99
77
80
Richmond, Va.—Os, old
J&J
2d M., Os, g.,end C. Pac., ’89.J&J
8s
J & J 1151-2 no j
70
103
33%
Rochester, N.Y.—Os, ’70-1902. Var. 101
Exten., 7s
J&J
118
7s, water, 1903
J &J 10912 111 !1" Camden & Atl.—1st, 7s, g., ’93..J&J no
29
2d mort., 7s, 1879
103
A&O 100
Sacramento, Cal.—City bonds, Os ..
1 Cam.&Bur. Co.—1st
Sacramento Co. bonds, Os
102
M., 6s,’97.F&A 100
t i'60 '
50
Canada 80.—1st M., 7s, g.,1900.J&J
Saginaw, Mich.—8s
Salem, Mass.—Gs, long
A&O 1107% i‘o*8
Cape Cod—7s, 1881
F&A tlOG 107
St. Joseph, Mo.—7s
Carolina Cent.—1st, Os,g.,1923. J&J
30
35
Var.
62*2 65
95
90
Bridge 10s, 1891
J & J
Carthage & Burl.—1st, 8s, ’79.M&N HOOI2 102
103
St. Louis, Mo.—Os cur., lg. bds. Var. 1102
Catawissa— 1st M., 7s, 1882..F&A noo
110
102
New mort., 7s, 1900
97
6s, short.
Var. tioo
F&A *95
107
Water Gs, gold, 1887-90...J & D tioo
60
Cayuga Lake —1st, 7s, gr, 1901. J&D
do
107
do (new), 1892. A&O tioo
Cedar F. &Miu.—1st, 7s, 1907. J&J
84
tl05i2 106%; Cedar R. & Mo.—1st, 7s, ’91.. .F&A 110014 100%
Bridge approach, Os
1st mort., 7s, 1916
Renewal, gold, Os
100*2
Var. tl05i2 100 isi
M&N tioo
106
96
Cent, of Ga.—1st, cons., 7s, ’93. J&J
98
Sewer, Os, gold, 1891-’93
Var. It 105
St. L. Co.—Park, Os, g.,1905. A & O 1104% IO512! Cent, of Iowa—1st M., 7s, g
32
35
105
| Cent, of N. J— 1st M., 7s, 1890.F&A 10412
Currency, 7s. 1887-’88
Var. 1104
85
St. Paul, Minn.— Gs, ’88-’90.. J & D
82
55
7s, conv
M&N
100
99
Consol. M., 7s, 1899
75
M&N
7s, 1874-90
Q—J :73
Am. Dock & Imp. Co., 7s
42
50
8s, 1889-90
Var. 102 *2 105
J&J
!
San Francisco—Os,gold,1888.J & J
30
Lu&W.Coal, cons.,7s,g’d,1900Q-M
Cent. Ohio—1st M., Os, 1890..M&S 10512 10534
7s, gold, City ami County... Var. ibo " 101
68
04
Savannah, Ga.—7s, old
Cent. Pac.(Cal.)—1st M., Os, g..J&J 10678 107)81
Var.
78 new
yar.
04
08
1
State Aid, 7s, g., 1884
..J&J 107
91
Springfield, Mass.—6s, 1905..A&O tl08i2 108 341 S. Joaquin, 1st M.,6s, g.l900.A&0
Cal. & Oregon, 1st, Os, g.,’88.J&J
90
78,1903
A&O 111412 II5121
85
Cal.& Or. C.P.bonds, Gs,g.,’92 J&J +93
95
Stockton, Cal.—8s
Land grant M., Os, g., 1890. A&O
Toledo, O.—7-30s, RR., 1900.M & N 100 10112
971-2)
West. Pacif., 1st, Os, g., ’99. .J&J 1001-2
8s, 1876-89
Var. 101% 104
100
8s, water, 1893 & ’94
ChaiTte Col. & A.—1st, 7s, ’90. J&J
Var.
72

Oswego, N. Y.--7s

105

tlOl

.

j.-.

_

.

7s, 1877
M&S
Consol, mort., 7s, 1890
J&I)
Cin. Wab.& Mich.—1st, 7s, ’91. J&J
Clev. Col. C. & I.—1st, 7s, ’99. M&N
Consol, mort., 7s, 1914
J&I)
Belief. & Ind. M., 7s, 1899...J&J
Clev.& M. Val.—1st, 7s. g., ’93. F&A
8. F. 2d mort., 7s, 1870.
M&S
Clev. & Pitts.*-4tli M., Os, 1892.J&J
Consol. S. F., 7s, 1900
M&N
Clev. Mt. V. & Del.—1st, 7s, g . J&J
Colorado Cent.—1st, 8s, g., ’90. J&D
Col. Chic. & I. C.—1st, 7 s* 1908. A&O
2d mort., 7s, 1890
F&A
Chic. & Gt. East., 1st, 7s,’93-’95.
Col.& Ind. C., 1st M., 7s, 1904.J&J
do
2d M., 7s, 1904.M&N

|

i'o'8'1

......

U11.& Logansp.,lst,7s,1905.A&O
T. Logansp. & B., 7s, 1884..F&A
Cin. & Clue. A. L., 1880-’90
Ind. Cent., 2d M., ’10s, 1882. J&J
Col. & Hock. V.—1st M., 7s, ’97. A&O
1st M., 7s, 1880
J&J
2d M., 7s, 1892.
J&J
Col. Spriugf.&C.—1st, 7s,1901.M&S
Col. & Xenia—1st M., 7s,1890.M&8
Conn. &Pas8ump.—M., 7s, ’93.A&O

...

..

•

.

00
80

80
90
1108 %> 109

Yonkers, N. Y.—Water, 1903

I

2d mort., 7s
C’hesa.& Ohio—1st, Gs. g.,
2d mort., 7s, g., 1902

i
1

i

Ala. Cent.—1st M., 8s, g., 1901.. J&J

25

Ala.& Chatt.—1 st, 8s.g., g’d,’99. J&J i

7s, receiver’s certificates

!

Ala. & Tenn. Riv.—1st, 7s

Alb’y & Susq.—1st M., 7s, ’88. J&J
2d mortgage, 7s, 1885
3d mortgage, 7s, 1881
Consol, inort., 7s. 1900

30
0
28
20
109
100

4

95

iii.V

East, exten. M., 7s, 1910
A&O ! 951-2
! 49
Income, 7s, cud., IS94
A
Amer’n Cent.—1st M., 8s,'78..J&J 11001-2
tlOOi-2
*>
Ark. Cent.—1st M., 8s, g., ’91. .J&J
29
Atch’Si& Pikes I’.—1 st,0s,g.’95M&N
Atch’n & Neb.—1st M., 8s, ’90.M&S
Ateh. Top.& S.F.—1st, 7 s. g.,’99.J&J
191%
>83%
!

t50
Land

*s

47

S. Ga. & Fla., 1st M. 7s. 1889.M&N
At.Miss.&Ohio.—Cons., g. 1901. A&O
Atlan.& Pac.—L. gr., Os, g.,’8s. J&J 1
1st M., Cent. Div.,#s,g.,’91.M&N
1st M., S. Pac., 1. gr. Os, g.,’88.J&J
Atl.& St. Law.—St’g 2d, Os .g.A&O

Bald Eagle Val.—1st M., 0s,’81.J&J
Baltimore & Ohio—Os, 1880...J&J

Os, 1885
6s,

g.,

Os, 1885

45

t!8
♦35
♦35
54

»>•>

40
40
59
05
70
83
32

,)o

(50
70

728*
10

25
20

jj
'j

721*2

:ioo

102

108 % 109
tno 1 111
♦110
Ill
♦no
111

g.

!

g’d, 1911. A&O 1 :93

80
100
100

M&S

i

95

I

95

!

!

!

_

j
100

Interest mort., 7s, 1883
Consol, mort., 7s, 1915
Exten. mort., 7s, 1885
1st mort., 7s, 1885

M^N

Q—F
F&A
F&A

Consol., gold, 7s, cp., 1902..J&D

♦102%! 10312
:93 j 95 i

Bellev.A S. Ill.—1 st, S. F. 8 s,’90. A&O
Belvidere Del.—1st M., Os, ’77. J&D
2d mort.,

i 40

t9714

do
do
reg
Beloit & Mad., 1st M., 7s,’88. J&J
Iowa Mid., 1st M., 8s, 1900. A&O
Gal. & Chic, ext., 1st, 7s,’82.F&A

Peninsula, 1st, conv., 7s,’98.M&S
Chic. & Mil., 1st M., 7s, ’98..J&J
Madison ext., 7s, g., 1911...A&O
Menominee ext., 7s, g., 1911.J&D
La C. Ir.& P., 1st M., 10s,’78. A&O
Northw. Un.,lst, 7s, g.. 1915.M&S
I Chic. & Pad.- -1st M„ 7s, 1903. J&J
Chic. Pek.& S.W.—1st* 8s,1901.F&A

90 is
80
81
82

......

.

■

•




i

..

89 %
i

1183“
67

|02
*80

*90
88
101
no

95
93

1F44
tioo
30

51*2
58
75
*00
*62
60

32
0
61
80
65
05

"95*
100
95

lOlia
100
90

60

t9934 100

32

90
103
77

35

i

1 st

*20

3812
100
*98
*97

100
98
108
100

30
42 J2

80
102
100
100

bo
103 ifl

M., branches, 8s, 1987.. .J&D

jDetr.&Milw.—1st M., 7s, ’75.M&N

2d mort., 8s, 1875
M&N
Det.& Pontiac, 1st M., 7s, ’78.J&J
do
3d M., 8s, 1880.F&A

70
40

751-2
42

1:51
35
465
20
30

*30

J30

40
70
30
......

40
40

70

ibiifl

103
100
00
103
18
107

9212
85

90
56

534i
80
103

65
106

106%
103

83
83
40
40
....

..

90

80
35
40

_

iob%:

1189
1189

95

1

•j

104
105

tTlie purchaser also pays accrued interest.

8s,

Equipment, 7s, 1890
A&O'
i Europ’n
& N.Am.—1st, Gs, ’89. J&J
biv Land gr., Os, g
M&S
I
Baugor & Pise. 6 & 7s, ’99...A&O

94

10512

$94

Dubuque& Sioux C.—1st,7 s,*83. J&J; 105
i
1st mort., 7s, 1894
J&J;
45
;Dub.& Soutliw.—1st M.,7s, ’83.A&Oi
Dunk. A.V.& P.—1 st,7s,g..l 900J&D i 100
13
Dutchess & Col.—1st,7s, 1908.J&J'
1041*2
East Penn.—1st M., 7s, 1888. .M&S:V104%
89
E.Tenn.Va.& Ga.—1st, 7s,1900.J&J
75
E. Tenn. & Ga., 1 st, Os,’80-80.J&J
75
E.Teun.& Va.,end.,0s, 1880.M&N
j Eastern', Mass.—7s,
5412
old
Var.
New M.,fund,, 3%s,g.,1906.M&S
t52%
Sterling, S. F., Os, g., 1893..M&S; t75
Elmira& W’msport—1st, 7 s,’80. J&J] 101
5s, perpetual
A&Oj 00
Erie Railway—1st M., 7s, ’97.M&N, 110%
J
2d mort., 7s, 1879
M&S) 1041-2
3d mort., 7s, 1883
M&S 104
4til mort., 7s, 1880
A&O) 102
5th mort., 7s, 1888
J&D: 1001-2
:
Sterling, 6s, gold, 1875
M&Sj 18L ■
1st cons., 7s, gold, 1920
i
J&Jj ;81
cons., 7s, gold, 1894
J&I); ♦38
j 2d
Debentures, 7s, g., 1903
Q—Jj :38
|
Long Dock mort., 7s, 1893..J&D] 1075s
Erie & Pittsb— 1st M., 7s, ’82.J&J 100
Cons, mort,, 7s, 1898
J&J| 80

97
83
107io
104 “
104 io
100
104
90 34
88

’

Price nominal; no late transactions.

& Bay C— lst,8s,1902.M&N
j Detroit
1st M.,
end. M. G\, 1902.M&N

::::::

00

2dM., 7s, 1880..A&O

do

II

9510
94

j
1

1113 *4' 11312 I Chic. R. I. & Pac—1st, 7s, ’90. J&J 107% i ds
tl05i2! 100 i S. F., income, Os, 1895
F&A 100
Boat. Clint.&F.—1st M., Os,’84. J&J '* t85
90
! Cliie.&S.W.—1st,7s, g. g’d,’90.M&N 1182%
1st M., 7s, 1889-90
t99
100 !
J&J
1st M., 7s, g., ’90, Ateh. Br.. J&D 1112%
N. Bedford RP., 7s, 1894....J&J
100 | Cm. & Indiana—1st M., 7s,’92.J&D
t95
80
91
Bost. Conc.& Mon.—S.F., 6s,’89.J&J>* tS7
90 i
2d mort., 7s, 1882-87
05
70
J&J
Consol, mort., 7s, 1893
t9 9
A&O
9912 Ciu. & Musk.Val.—1st. 7s,1901.J&J
Bost. Hart.& E.—1st, 7s, 1900. J&J
70
14%
j Cin. & Spriugf.—1st, 7s, 1901 .A&O
*82
1st mort., 7s, guar
15 i Cin. Ham.& D.—1st M., 7s,’80.M&N 102
105
Boston & Lowell—New 7s, ’92. A&O t 107% IO734’
2d mort., 7s, 1885.
99 ‘ 101
J&J
do 6s, 1879
A&O t* 100
3d mort., 8s, 1877
10038
J&D t
New Os, 1890
Consol, mort., 7s, 1905
J&J 1100%,
tl00% 101 %
A&O
*

A&O

Del.& Bound B’k— 1st, 7s,1905F&A
Del. Lack.& W.—2d M.,7s, ’81.M&S
Convertible 7s, 1892
J&D
Lack.& Bloomsb.,lst, 7s,’85.M&S

iio%! |

P. D., 2d M.f 7 3-lOs, 1898..F&A
f 8t. P.&Chic., 7s, g., 1902 ...J&J
;
Mil. & St. P., 1st M., 7s, 1893. J&J
do
2d M., 7s, 1884.A&O
I. & M., 1st M., 7s, 1897
J&J
I’a. & Dak., 1st M., 7s, 1899.J&J
Hast. & Dak., 1st M.,7s, 1902. J&J
Chic. & Mil., 1st M., 7s, 1903.J&J
i
1st mort., consol., 7s, 1905..J&J
Chic. & N.W.—S.F., 1st, 7s,’85.F&A

10312! 10412

Balt. & Pot’c—1st, Gs, g., 1911. J&J

1st, tunnel, 6s,

5%

3d mort., 7s, 1888

| Dot. Eel Riv. & Ill.—M., 8s, ’91..J&J
! Dot. Lans. & L. M.—1st, 8s, ’90.A&O
97%, I 2d mort., 8s, 1893
F&A

80

' Chester

95

A&O

do

7-4
:o
:4il.

I)avenp.& St.P.—1st,7s,g. 1911 A&O
Dayton & Midi.—1st M., 7s, ’81. J&J
2d mort., 7s, 1887
.M&S

Rio G.—1st, 7s, g.,l900.M&N
|j Den.&
Des M. & Ft. D.—1st, Os, 1904. J&J

90
78
90
85

75”

Danb’y & Norwalk—7s, ’80-92. .J&J
Dauv. IIaz.& W.—1st, 7s, ’88..A&O
Dan. Ur. Bl. & P.—1st,7s, g...A&0

j| Denver Pac.—1st M.,7s, g.,’99.M&N

,

11041-2

Atl.& Gt.West.—1 st,7s, g. 1902.J&J
2d mort., 7s, g., 1902
M&S
3d mort.. 7s, g„ 1902
M&N i
Leased L. rental, 7s, g., 1902.J&J
do
do 7s, g„ 1903.J&J
West. ext. certifs, 8s, 1870..J&J
do
do
7s, guar. Erie
Atl.&Gulf—Cons. M., 7s,’97...J&J
Consol. M., 7s, end. Sav

85
74

'*

85

Cumberl.val.—1st M.,8s,1904. A&O

i

99
80
30

I
198
99
Val.—1st M., 7s, 1872. M&N j *45
Chic. & Alton—1st M., 7s, ’93..J&J 110
•
Sterling mort., Os, g., 1903..J&,T:[10512j loo Jo;
A&O 100 id
Income, Vs, 1883....
Chic. B. & Q.- -1st, S.F.,8s, ’83.J&J
ioY>"
do 7**1890
J&J it 108% 109
901*2
Consol, mort., 7s, 1903
11 Oie
J&J 1109
.>;>
;
92
Bonds, 5s, 1895
J&I) | t90
102
Chic. & Can.So- 1st,7s, 1902.A&O
15
25
!
s
(’hie. Clin.& Dub.—1st, 8s, ’90.J&D
25
20
Chic. I)au.& V.—1st.7s.lv 1909.A&O
45
50
25
Ind. Div., 1st M., 7s, g.\ 1912.A&O
11
14 :
92
Chic. I)ub.& Min.—1st, Ss, ’90. J&D
20
25
s:h4 Chic. & Iowa—1st M., 8s, 1901.J&J t 84
85
58
( ’hie. Pa& Neb.—1st M., 7s,’88. J&J noo
104% Chic.&L. Huron—1st 7s, ’99..M&N
52
Chic.& Micli.L.Sh.—1 st, 8s,’89.M&S
too" 70 j
20
1st mort., 8s. 1890-’92
15
10.
Var.
11
Chic. Mil.&St. P.—P,D., 1st 8s.F&A 1141*2

10

1

A&O
.M&N !
A&O

’99.M&N

J&J
Va. Cent., 1st M., Os, 1880.. .J&J
do
3d M., Os, 1884...J&J
do
4th M., 8s, 1870 ..J&J
do
funding, 8s, 1877.J&J
Cheshire—Gs, 1890.'
J &J j
Os, 1880
J&J

i

85
75
25

80

Connecting (Phila.)—1st, 6s ..M&S

!

,7G

J&J
Cheraw & Dari.—1st M.,8s,’88. A&O

1

RAILROAD BONDS.

Conn. West.—1st M., 7», 1900. J&J

Ask.

ibb”

t85
g., Os, gold, ’89 J&J
Conn. Riv.—S.F. 1st M., Os, ’78..M&S 4101
74
Conn. Val.—1st M., 7s, 1901...J&J

Dayt. & West.—1st M.,6s, 1905.J&J
1st mort., 7s, 1905
J&J
|l Delaware—Mort., Os,g’d, ’95. .J&J

Consol., 7s, 1895

155

Massawippi,

•

......

Washington, D.C.—See Dist. of Col.
Wayne County, Mich.—7s
Wilmington, N.C.—Os, gold
8s, gold

Bid.

Railroad Bonds.

’87. J&J
Evansv.T.H.&Clii.—1st, 7s, g.M&N

Evansv. & Crawf.—1st, 7s,

Flint* Pere M.—lst,l.g.8s,’88. M&N
Cons. S. F., 8s, 1902
M&N

1st, 10s, ’88.M&N
Bay C.& E. Sag.—1st, 10s„82.J&J
Holly W. & M.—1st, 8s, 1901.J&J
Flushing & N. S.—1st, 7, ’89..M&N
2d mort., 7s
M&N
Cent. L. I., 1st, 7s, 1902
M&S
Cent, exten., 7s, 1903
M&N
Flint & Holly,

99
*75
*80
*30
*50
100
60
*65

102
80
90
35

80
80
77
65
20

r Ft. W. Jack. &S.—1st. 8s, ’89..J&J
|

*55

1 |Fram’gham& Lowell—1st, 7s, 1891

t70

80

;83

50
85

do

(notes), 8s, 1883
; Gal.Har.&S.A.—lst,0s,g. 1910. F&A
Gal.Hous.&II.—1st, 7s, g.,1902.J&J

'

“j
!

jI

J&J
Georgia RR.—7s, 1870-90
Gilman C1.& Sp.—lst,7s,g.l900M&S
Gr’n Bay& Min.—1st 7s,g.l900F&A
Gr.Rap. & Ind.—1st, l.g., g’d, 7s, g.
1st M.,7s, g., 1899
Ex land grant, 1st 7s,

J In Loudon.

A&O

’99

H In Amsterdam.

77
103
♦65
9S
80

9

105
70
40
104
80
90

Railroad Bonds.

Bid.

& Col.—1st M., 7s, guar. .
Bonds, 7s, not guar
Hack’s’k&N.Y. E.—1st, 7s,’90.M&N
Hannibal & Nap.—1st, 7s, ’88.M&N
Han. & St. Jo.— Con v. 8s, 1 885. M&ir

35
30
*30

! Ask.

Railroad Bonds.

I
Greeny.

1
i

1
1

45
S3
*40

lst.8s; 1892.F&A

1

85

100
87

J&J

House &Tex. C.—1st,7s, g.,’91. J&J
West. Div., 1st, 7s, g., 1891.. J&J
AVilP/i
.fc V • \V
iTWvX/ Av
fT •

y

1
Xotf

1

ir

^ • j

Cons, mort., 8s, 11)12
Hunt. & Br. Top—1st, 7s,
2d mort., 7s, g., 1895
Cons. 3d M. 7s. I85>r»

■j

jj
!

Sterling, 1st M., 7s, g., 1891.F&A

50

2d mort., 7s, 1896

...

63

do

Mo.

P

~\ (\u

1ut

conv., 8s,

Kails. C. & S. Fe.—1st, 10s. 90.M&N
Kansas Pae.—1st M„ (is,
1st mort., 6s, g., 1896
*J*

p

-I

t 111 D1

j

4

»ij

« f

j Equipment bonds, 8s, ’83.. .A&O
•j Gd. Riv. V., 1st 8s, guar.,’86.J&J
1

Mil. & North.—1st, 8s,
I Miss. Gen. 1st M., 7s,

..

70
70
97

(i
76
100

72

71

1st, (is, g., 1899. (U. P. 8.

101

30

m

o

Logansp. Cr.& S.W.—1st, 8s, g.Q—F
Louis’a & Mo.R.—1st, 7s, 1900F&A
Louisv. Cin.& Lex.—1st, 7s,'97.J&J
2d mort,, 8s, 1900
A&O
Louisv. & N.—Louisv. L., M. S., 6s..
Com 1st mort., 7s
A&O
2d mort,, 7s. g„ 1883
M&N
Louisville loan. Os, ’86-’87..A&0
Lcb. Br. ext., 7s, ’80-’85
,

*

Price nominal; no late




i

i

• •

4TA

4^

M&N

March

11

AAA \J A

LJ

1 Dj

JL U t) 1.

•..•••••••••A V.V 1 V

1074 108
106 34

7h

<r

.T&.T

1912

N.O.Mob.&Chatt.—1st,8 s,1915. J&J i
N.O.Mob.&Tex.—lstM.,8s,l 915J&Ji
1 N.Y.Bost.&M’nt.—lst,7s,g.,’89 F&A I
N.Y. & Call.—£ M., (is. g., 1901.M&N
1

1061-21
100

.

N. Y. Central & Hudson—
Mort., 7s, coup., 1903
Mort.,-7s, reg., 1903

97
35

58

......

114

Equipment, 8s, 1884

81V

Port

95
82

80
84
.

do

100

25
5
27
61

97
75

|

......

93
70
25
30
■

40
5
j

99
_

J&J
J&JI

1151-2 117
......

102
119
111 V
104
’105
107
45
47
15
18
25
55
50
75
10

182^4
1110
92
112
73
88
83

117

1L6
75
91

100
100
20

RomeWat’n&O.—S.F.,7s,1891. J&D
2d mort., 7s, 1892
J&Jj
Consol, mort., 7s, 1904
A&O:
Wat.& R., 1st M., 7s, 1880..M&3| *90
Rutland—1st M., 8s, 1902
M&N| 170
E(piipment, 8s, 1880
M&Sj *152
Equipment, 7s, 1880
M&Nj 147
92
Sandusky M.&N.—1st, 7s,1902. J&J;

85

7s, 1915

M&N

85
72
57
49
99

25

Savannah&Chas.—lstM.,7s,’89J&J

101

83 *4
111

94

Rkf’dR.I.&St.L.—1st 7s g.l918F&A

j

t

84

95
95
14

New mort.,

1

95
42

106V 107

not endorsed..

;Quiney&Wars’w— IstM.,8s,’90. J&J
Reading & Columbia 7s
Rens.&S’toga—IstM.,7s, 1921. M&N
llich’d&Dan.—C.M.,(is,’75-90. M&N
Piedmont Br., 8s, 1888
A&O
Rich. Fred. & Potomac—6s, 1875...
Mort, 7s. 1881-90
J&J
I Ric.li’d&Petersb’g—8s,’80-’86.A&O

90

55

do

*

91V

1100

j Pueblo & Ark. V.—1st, 7s, g., 1903.

95
103

1
20

*5
*97

Titusv.& B.—New

(Portrnd&Ogb’g—lst6s,g.,1900J&J
Vt. div., 1st M., 6s, g.. 1891..M&N
86 V
102
1 jPortl.&Roeh.—1st M.,7s,l 887. A&O
100
| Port Rojral—1st 7s, g., end. ’89. M&N

»>«>

*3

M&S

7s,’96F&A
Hur.&L.M.—lst,7sfg.,’99 M&N

1 Pitts.

95)1-2

J&J
..A&O

2d mort., 7s, 1912
3d mort., 7s, 1912

I

105

92

83

A&O

2d mort., 7s, 1913

{Pittsb.&Con’lls v.—1 stM.7s,’98.J&J
Sterling cons. M., 6s, g., guar.J&J
jPitta.Ft.W.&C.—IstM.,7s,1912. J&J

30

101
80

& £, (is, g„ 1908 . .J&J t57
guar M
7s, M)‘2. M&s
iPhil.Wil.&Balt.—6s, ’84-1900. A&O 1105

7s, 1893...J&J

iPitts.C.&St.L.—IstM.,7s,1900.F&A

*

A&Oi
Omiy Oh 1 S8‘2
N. J. Midl’d—1st M., 7s, g.,’95.F&Al
2d mort., 7s, 1881
F&A
N. J. Southern—1st M., 7s, ’89.M&N.

Cmm

1 ox

95
97
*18

26
12
80

20

94
102
105
30

G. s. f., $
( /Or.] &. I

81-2

! 1031-2
j
109341110
107 i
1074
N’burgh&N.Y.—1st M. 7s, 1888. J&J j
N. Lon.&North.—1st M.,0s,’35.M&S
10 1V
‘2d inert., 7s, 1892
J&Dj
10710
N 6.Jack.&Gt.N.—1 stM.,8s’86 J&Jj
1071-2
2d mort., 8s, 1890, eon
A&O
105 1
103

Subscription, (is, 1883
M&N!
25
Chas.&Sav., guar., ’6s, 1877.M&8
1121-2
Sterling mort.. (is, g., 1903... J&J :ii 11-2 105
F&A
Seab’d&Roan’ke—IstM.,7s,’81
101
N. Y. C., premium, (is, 1883.M&N
100
i
97
99
3ham.Val.& P.—1st, 7s, g.,1901 J&J
do
(is, 1887
T&D 101
*107hi 109 i
30
*20
F-du-L.—1st,7
s,’84
J&Dj
Slieboyg’n&
101
do
real est., 6s. 1883..M&Ni
1
114
*113
84
SiouxC.&St.P.—IstM.,8s,
M&N
1901
j
115
1121-2
Hud. R., 2d M., 7s., 1885....J&Dj
95
55
154
:93
Sioux
C.
&
Pae.,
M.,
6s,’9S.J&J|
1
1st
12114
1 N.Y.&IIarlem—7s,coup., 1900.M&N!
103 V 104
Shore
L.,
Conn.—1st
M.,7s,’30.M&S
121
1
M&N i
90
100
-■-•! 7s, reg., 1900
So.&N.Ala.—lst,8s,g.,end.’90.. J&J
*
5
i
N.Y.&Os.Mid.—1st M.,7s,g, ’91. J&Ji
91
$89
Sterling
mort.,
6s,
g
M&N
1
i>i*2
2d mort., 7s, 1895
M&N!
91 j 96
86
82
1 So. Carolina—1st M.,6s,’82-’83.J&Jj
N.Y.Prov.&B’n—Gem 7s, 1899. J&J*
52
151
90
I
1st,
sterl.mort.,
5s,g.,’82-’88.J&Jj
85
Norf’k&Petersl).—IstM.,8 s,’77. J&J i
8
J
45
II
1
Bonds, 7s, 1902, 2d mort.... A&Oj
85
1 nt. inert
7s 1 WT7
.T&.T
I 00
25

i

......

■

‘

..

1 0‘>

Newtown & FI., 7s. 1903 ...M&N
N. Y. & Roekawav, 7s, 1901.A&O
Smitbt’n &Pt, Jeff., 7s. 1901 .M&S

JL W V

....

90

Cleve. & Tol., 1st M..7s, ’85.. J&J
do
2d M.. 7s. lSSG.A&O
C’l. T. & Ash., 2d M.. 7s, '80..J&J
3d M ,7s 1892 A&O
do
Buff&E., new bds, M.,7s,'98. A&O
Bull. & State L., 7s, 1882....J&J

Lewis!*. & Spruce Cr.—1st. 7s.M&N
Lex’ton&St. L.—1st,(is, g., 1900J&J
Little Miami—1st M., 6s, 1883.M&N
L. Roek&. Ft.S.—lstj.gr.,7s ’95.J&J
L. Rock & Pine Bl.—1st, 7s, g. A&O

VO f

•Nashua & Low.—6s, g., 1.893.F&Aj 1101
Newark & N. Y.—1st, 7s. 1887.J&Ji
96
Now’k S’set&S.—1st, 7s. g.,’89.M&Nj
5)0
N.IIaven&Derbv, 1st M., 7s,’98. Var
N. II. & N’th’ton—1st M.,7s,’99. J&JI 100

*

Lehigh & Lack.—1st M.,7s, '97.F&A
Leliigh Val.—1st M.. 6s, 1898. J&D
2d mort,, 7s, 1910
M&S
Gem Mm s. f., 6s, g., 1923... .J&I)
Delano Ld Co. bds, end.,7s,'92 J&J

• )

!Nasli.Chat.&St.L.—1st,7s,1913 J&J
Nashv.& Decat’r.—1 st,7s,1900.J&J

85
80
Keolaik& Dos M.—1 st,7s,l 904. A&O
1
92
Funded interest, 8s, 188 4.. .A&O
Keokuk & St. P.—1st. 8s,'79. .A&O f 100 V 102

Lake Shore Div. bonds
A&O
L. S.& M. S., eons., ep., 1 at,7s. J&J
do cons., reg.,1 st,7s,l 900.Q—J
do cons., ep., 2d,7s, 1903..J&I)
do cons., reg.,2d, 7s,1903. J&D
L. Sup.& Miss.—1st, 7s. g.,1900.J&J
Lawrence—1st mort., 7s,1395.F&A
Leav. Law. & G.—1st, 10s, '99. J&J
South. Kalis., 1st M., 8s, 1892

Ol

Construction, 7sr 1889
F&A
General mort., 7s
A&O
Consol, mort.,7s, 1915.... ..J&D

.

50

|

193

guar.,

New convertible,

40

;Monticello&Pt.J.—1st, 7s,g.’90Q—J il.31.4
Morris & Essex—1 st, 7s, 1914. M&N

O

Laf. B1.& Miss.—1st, 7s, g.,’91.F&A
Laf.Munc.& Bl.—1 st,7s.g. 1901 F&A
T,nkp. Shove & Mich So
Mich. So.. 2d mort., 7s, 1877.M&.N
M. So.& N.I., S.F.,lst, 7s,'85.M&N

1

(old mort lsts)
: Mont.&Euf.—1st, eml.Ss, g.,’86 M&8

30
35

w

CCl 111

90
72
12
65
40

97 V 99
*97
984
*100
110
til
100 V 102
*60
70
40
50
-60
72
60
$55
83
88
55
60
103
103 V
94 V 95
100
104
*26
yl
90
41

j 2d mort.,

59

85
70
8
55
35
135
22
5
75

2d mort., 7s

40

30

•

.J&J
6s, g., 1920. J&J
iPhila. & Reading—6s,.1880
J&J
1st mort., 7s, 1893
A&O
Debenture, 1893
J&J
Mort., 7s, coup., 1911
J&D
Gold mort., 6s, 1911
J&D
2d mort., 7s, 1888

57

1U712

A&O

Interest 8s, 1883
2d mort., 8s, var

75
87
65

f. (j «/i/ JL Vv *.1

Br.)J&J

Mob.&Ohio—lst,ster.8s,g. ’83.M&N
VV

58
47

;Phil. & Erie—1st M., 6s, 1881.A&0

end. 8s, g.M'&N

Mob. & Mont.—1st,

;

C. M., guar.,P.&.R., 6g.,1913.J&I)
Petersburg—1st M., 8s, ’79-’98.J&J
! 2d mort., 8s, 1902
J&J

i

65

54

..

2d mort., 10s, 1890

83
63
16

+55

Income, (is
! Han. & C. Mo., 1st 7s, g.,’90.M&N
i Mo. F. Scott & G.—1 st., 10s, ’99.J&J

}

Peoria & Hannibal—1st, 8s, 1878.
Peoria Pekin & J.—1st, 7s, ’94. J&J
Peoria&R’k 1.—1st,7s,g.,1900. F&A
iPerkiomen—1st M., 6s, 1897..A&O

......

*

Mo. Kans.&T.—1st,7s,g.,1904-6F&A
2d mort., income

106

18634

Land 1 sf. mort., 7s <r. 1 SSO J&I
Land 2d mort, 7s, g., 1886 M&S
Leav. Branch, 7s, 1896
M&N
Income bds, No. 11,7s, 1916.M&S
do
No. 16,7s, 191 (i.M&S

F&A

M.Ouach.&Red R.—lst,7s,g’9().J&J

Navy Yard, (is, reg., 1881 ...J&J
Penn.&N.Y.—lst.7s,’9(i&190G.J&I

13

38
4.5
79
57
13
89
59

.

Cons, mort., 7s, g., 1912
M&N
Miss &Tenn —1st M 7s 1876.A&O
Cons, mort., 8s, 1881-’93
J&J

1

97
85
90

(it
55
85
......

1901... J&D
’71 84 M&N

2d mort., 8s, 188(5

|

/

*

g.,'95.F&A
J&D

68 ^
40
83

M&S

do
(is, reg., 1910.A&O
Cons, mort., Os, reg., 1905..Q—M
do
6s, coup., 1905..J&D

.....

*151
2d mort., 8s, 1879. M&S *150
do
Kulamazoo&S.IL,lst,8s,’90.M&N 175

*60
*60

K.O.Topeka&W.—1st M.,7s,g.,.J&J

95
88
80
70
45
84
27

•

,

..

Valley, 1st M., 7s, '93..F&A

•

......

*70
70

’(W IVT.frQ

.

■

'99

1874.J&D

j

1880

.

......

62V Mich. L. Shore 1st M., 8s, '89.J&J
62ig iMid. Pae—1st M., 7s, g., ’99. ..F&A

'

_

In At ('

4th mort., 8s,

.

85
76

......

92
112
92

<

Joliet & Chic.—1st M.,8s, '82.. J&J 108
Junction RR.(Phil.)— 1 st,(5s,*82 J&J *100
2d mort.,'6s, 1900
A&O 102
94
Kalamazoo Al.&. (0* R —l«t 8s J&J
82
ICal.& Schoolcraft—1st, 8s, '87. J&J
86
Kal.& Wh. Pigeon—1st,7s, '90.. J&J
Kails. C. St.Jo.&C.B.—Com, 8s.M&S
New cons, mort., 8s, 1898.. .F&A >.
*60
0. B. & St, Jos., 1st M.,7s, '80. J&J
Sf-

5514

•

Orange&Alex’a—IstM.,6s,’73.M&N
I
2d mort., Os, 1875
J&J
j 3d mort., 8s, 1873
M&N

.

-

J&J
mort., 7s, 1910
Ind’poiis& Mad.. 1st.7s,’81 .M&N

100
87

54-4
3d mort., 8s, 1890
J&J
99
92
Scioto & Hock.Val., 1st, 7s..M&N
1001*2
Balt, Short L., 1st, 7s, 1900..J&J *100

1

60

187
108
too
160
160

2d

iiioi-j

112 V

1112

Omaha&N W —1st 1 g
Omaha &S.W.—IstM., 8s, 1896. J&D

......

33
*50

T«j 1 Olili A AtH

J&D
M&S
, 7 3, g J&J

6s, 189o
7s, 1895

94
91

......

75

.

.Toff AT:ul At Tiwl

90

50*6

15
1st Spriugf. Div.,6s. 1895..M&N
80^ 85
Oil Creek—1st M., 7s, 1882...A&O
101
Old Colony—7s, 1877
F&A 11001*
105
1104

90

85

91
91

too
t90
88

Or. Alox.& M., 1st M., 7s. ’82.J&J
(Oregon & Cal. 1st M. 7s, 1890. A&O J25
98
109
Osw.&Rome—IstM.,7s,
j Cim & Balt., 1st, 7s, 1900
J&J 100 1001-2 iOsw. & Syracuse—1st, 7s,1915.M&N
’80.M&N
Marietta P. & Clev.—1st, 7s, g., ’95 114 6 ^2
111
jOtt. Osw. & Fox R.-M., 8s, ’90.J&J 1110V
U7 h
do
consol.7s-J&D
95
*20
I Pacific of Mo.—lstM.,Gs,g.,’88.F&A
(Marq’tto Ho. & O.—1st, 8s,’92.F&A
86
87
2d mort.,7s, 1891...,
90
J&J
80
1
Mar. & O., M., 8s, 1892
J&D
80
I
Car.
*30
6s,
g.
B.,
1st
mort.,
’93..
A&O
I Houghton & O., 1st, 8s, ’91...J&J
*20
1
Real
estate,
8s
M&N
Mass. Central—1st, 7s, 1893
35
85 ' Paducah & M.-lst, 7s,g., 1902.F&A
80
IMemp. & Charl’n—1st. 7s,’80.M&N
107
f
105
■Panama—Sterl’gM.,
7s,
g.
’97.A&O
62
55
2d mort., 7s, 1885
J&J
29
25
iParis & Danville—1st M., 7s .1903.
Mem. & L. Rock—1st, 8s, ’90.M&N
50
iParis&Doc’t’r—lstM.,7s,g.,’92.J&J t45
Mich. Com—1st M., 8s, 1882..A&O 112
90
(Paf’son&New’k—1st M.,7s, ’78. J&J
Consol., 7s, 1902
M&N 103% 101
90
183
jPekinL.&Dec.—lstM.,7s,1900.F&A
M.
Air
1st
Line, 8s, 1890...,J&J.
77 V
105
106
65
Pennsylvania—1st M., (is, ’80. .J&J
Mich. Air L., 1st, E.D.,8s, ’90.J&.J *163
76
106
1074
General
mort,
6s,
Q—J
coup.,1910
do
37
1st, W.D., 8s, 82. J&J
106 V 1074

.

Intern’] &Gt.‘No.—Jnt. 1st, 7s. A&O
Houst. & Gt. No.. 1st, 7s, g. .J&J
Conv. 8s, 1892
F&A
Ionia & Lansing—1st 8s, ’89. ..J&J
I’a Falls & Sioux (’.— 1st, 7s,’99A&O
Ithaca & Athens.—1st m., 7s,g.J&J
Jack. I,. & Sag.—1st, 8s, ’85....J&J
North Extern, 8s, 1890
M&N
M&S
Consol, mort., 8s, 1891
Jamcst.& Frankl.— 1st, 7s ’97.J&J
2d mort., 7s, 1891
J&I)
Jefferson—Ila wl’v Br. 7s, '87. .J&J
1st inert., 7s, 1889
J&J

12

jNorw’li&Worc’r—1st M., 0s.’77.J&J 1100

90

;98

M&N

90
15

84

991-3 Ohio&Miss.—Cons. S. F.7s,’93.J&J
Cons, mort., 7s, ’98
85
J&J
'
2d mort., 7s, 1911
86
A&O

198kj

Belfast & M 1st M (is ’90 M&N t
1 Mansi’. & Fr’ham.—1st, 7s,’89..J&J HOOI4
Marietta & Cim—1st M.,7s,’91F&A 106

j

......

1900.M&N

91

997e 100
......

lOgd’nsb’g&L.Ch.—Eq.8s,’78-’9.J&J
i S. F., 8s. 1890
M&S

90
96

1900.

!

*

2d mort., (is, g., guar.,

g.,

83
73
115
105

Sterling, S. F., 5s, g., 11)03..A&O T87 j 89.
Sterling, gen. M.,(is, g., 181)5.A&O ! 101 i 103
j
do
5s, 11)05
J&D
Ill. Grand Tr.—1st. M., 8s, 'DO.A&O ilOV 111
20
Ind’polisPd’m & VV—1st 7* ,r A&O
2d mort., 8s, 181)0
.J&J
Extens’n 1st M„ 7s, g„ 11)12.J&J
70
Ind’polis Ciu.& L.—1 st, 7s, ’97.F&A *65
7s, 189 D
J&I)
93
89
Tnd’apolis & Cim, 1st,7s,'88.A&O
64
(58ig
Ind’polis & St. L.—Lst,7s, 1919. Var.
53
-48
2d mort., 7s, 1990
A&O
77
Ind’apolis& Vim—1st, 7s,1908.F&A
.

bonds, 6s,

!

j

93

A&O

Illinois Central—(>s, 1890

i

84V

82
80
1JL «(WV-t
* \/1/ • UTA.
Vx-ll1
(58
A&O
’00..A&O *108
F&A 102
35
A&O

Extern

it

89

......

A&O i 184
Cons. 7s, 1912....'.
A&O I 134
tS9
Androseog. & Ken.,Os, 1891.F&A
188
Leeds & Farm’gt’n, (is, 1901.J&J
Androseog.,Bath l’n, (is, ’91.J&J 1 192
Portl’d & Kem, 1st, (is. ’83. . A&O
do
Cons. M., 6s .’95.A&0 139

i!

Harrisb. P. Mt. J.& L.—1st, (Is.. J&J loivios
106
Ha-rtf.Pro.v.*fe F.^-lst M.,7s,’7G.J&J 1 105
TTonsatoni<‘.—1st M., 7s, 1835 F&.A t 105
fis. IS SO

! North Missouri—1st M., 7s, ’95.J&J
981-2 [Northern Cent’l Mich.—1st, 7s
101
(Northern, N.J.—1st M.,7s,’78. J&J
90
|N’th. Pacific—1st,7.3s, g., 1900. J&J

iMacon & Brunsw.—1st, end.,7s.J&J
Maine Cent.—Mort, 7s, 1898...J&J 1

| 50

l ni

A AO

1VT 7d

1

107 V

J99
st’g, M.f (is, g.F&A ! 188
:L. Paducah & S.W.—8s, 1890..M&S 1 1132
iMacon & Aug.—2d, end.,7s,'79.J&J I 80

Ask.

Bid.

Ask.

M.& Clurk8V.,

48
50

1

Railroad Bonds.

Bid.

Louisv. & N.—(continued.)—
Leb. Br. Louisv. l’u, 6s. '93.. A&O
Mem.& 0.,stl., M.,7s, g., 1901 J&1) 1

45
35

Kails. C. & Cam., 1st, 10s,’92. J&J *1102 ! 107
1

TTarl &

First Page of Quotations.

Explanations See Notes at Head of

For

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL

Quincv * Pal..

175

THE CHRONICLE

14 187 ’.]

F. b uary

*■
*

4

V
~\

l

.TA-.I:

1803

|

!

j
I

ftn

North Carolina—M., 8s, 1878.M&Nj
| Northeastern—1st M., 8s, ’99..M&S*
2d mort,, 8s, 1899
M&S
j

100
! 109
i 75
8

j

8.534!
95
17

Od inert

96
20

J

Northern Cen.—2d M.,6s,
3d mart,, (is, 1900

i
)
197 | 98
|
90 V.
! North Penn.—1st M., (is,
82
1
2d mort., 7s, 1896
197 V 98 V'
Gen. mort., 7s, 1903
t97V 98 V
1

transactions.

t The purchaser also pays

95

1885.J&J i()5
A&O 103
IOOO.J&Ji 100
A&O *100
J&Ji

6s, g., coup.,
(is. e' reg.. 1900
Mort. bonds., 5s, 1926
Con. mort, stg. (is, g., 1904...J&J:

Con. mort.,

63
100

1885. J&J
M&N
J&J

187

107
112
107

accrued interest.

80
110
98
75
106

Bonds, 7s, non. mort
A&Oj
Southern of L. I.—M., 7s, ’79..M&S;
M&Sj
South Side, 1st, 7, 1837
do
S. F., 2d, 7s,1900.M&Nj
South Side, Va.—1st, 8s,’84-’90.J&Ji

1

2d mort., 6s,
3d mort., (is,

105
101
101
55
89
108
113

108

1884-’90
1886-’9()

J&Jj

...J&Jj

So.Cen.(N.Y.)—lst7s,’99,guar.F&A|
So. Minnes’ta—IstM.,8s,’78-88.J&J
So.Pac.,Cal.—IstM.,(is,g.,1905. J&J
Southwestern (Ga.)—Conv.,7s,1886
1

1

Muscogee R.R., 7s
Var.
Steubenv.&Ind.—IstM.,6s, 8 l.Var.

$ Iu Loudon..

U In Amsterdam.

30

94
60
80
60
44
100
59
90
90
80
80

95
70
87

"

50
63
95
95
95
82

„

176

TOE CHRONICLE
GENERAL
For

Railroad Bonds.

W.

i
l

D., 1st mort., 8

tL.Alfc.AT.H.—1st:
2d mort., 7s, 1894.

.

J

QUOTATIONS OF
Ask.

10
4

14
5

89
73

90

98

99

Cons, mort., 7s, g.
Ark. Br. 1. gi\, M.,
Cairo Ark. A T.,lt

T
1
L

I
)

1

do

i
1

*13814
if 2 8

)

*116

)

Cons., 7s.

65
59
*55
70
60
37
34
5
3
70
*40
105 V 107
100
*95
75
*65

iiio:%

Bonds of
T
)

Susp.B. AErie J unc.fiyr.Bing.AN.Y.—Is

-1st M. ,7s...

t]7%
197
100%

Terrell. A Iml.—1st

)

50
-85
100

Consol, mort., 6s, g
Tol.Can. S.AD’t.—Ist,7s,g.l90
Tol.P.A W.—lstM..E.D.,7s,’94
1st mort., W. D., 7s, 189(3..

)

"60

>

86
31

)

do
Cons. M.
Tol. Wab. AV.—If
2d mort 7s, 187

Cone, mort., 7s, 1907
2d cons, mort., 7s, g.,

k

1
J

Q-J

tax,

"

72

103
71

Quincy A Tol., 1st,'
L

)

*

do
Os, 1901
Cam. A Ami)., Os, 1883.
do

do

J32
§

Quincy.

100

do

Os, 1889..
mort., Os,

*

N. J. R. AT. Co., Os, 187

100
110
......

i

64 %

!

1037s
1 [Eastern (Mass.)
7
102 V 102 V [Eastern in N. IL.
97
97Js iElmira A Williamsport, 5
101

*99
70
*97
90

100

103 V Dubuque A Sioux City
.100
111
i j Cost Pennsylvania, leased
50 V
East Tennessee Virginia A Ga .100
40
.

Sink. F., 8s, g., 1894.
Om. Bridge, sterl. 8s,
Utah Cen.—1st M., Os. t
Utica & Bl’k R.—1st AI.,

.

j

!

do

Pref.,

Erie

Railway..
do
“ Pref., 7
Mort., 7s, 1891
'Erie A Pittsburg, guar., 7
100
Fitchburg
Verm’t A Can.—New M. 8s.
32 V 33 V Georgia Railroad A Bank’g Co .100
"20
.Missisaquoi, 7s, 1891.
Grand River Valley, guar., 5.. 100
Verm’tA Mass—1st M.,0s,’83. JAJ +not
104 V Hannibal A St. Joseph
-. .100
Conv. 7s, 1879
JAJ itt_.
104 V 105
1
do
Pref., 7. .100
do
7s, 1885
JAJ ! 1107
108
) Harrisburg P. Mt. J. A L., guar., 7.50

i

100

4V

.100
100
..50
7 ..50
100
.100

.

§23
§40
7%
47
113
73

x

2d mort.,'
Stanstead
Viek.AMeiv

10
3

2

1
1

j

Yirginia&Tenn.—M., Os, 1S84..JAJ

4th mort., 8s. 1900
Warren (N.J.)—2d M., 7s, 1900.
Warren AFr’kln— 1 stM.,7s,’96.FAA
Westeh’rA Phil.—Cons.,7s,’91. A
West’n Ala.—1st M., 8s, ’88.. .J
2d mort., 8s, guar., ’90
AAO
..

*81

"SO5}?

ft 2
81

iov

100
77
81
111
1121-2
87
92
87
92
85
90
107 V 108 V!
98
100
!

90

95

101
109
50
*165
102

;

103 V
ill
!

j
104
33
82
75

§54
100

100

12

do

Pref

50

§5

.100

51V

Ind’p’s.l’scd.

Joliet A Chicago, guar., 7

.100
Kalamazoo A. A Gr.R., guar., 6.100
Kansas Citv fit. Jos. A Conn. B:100
Kansas Pacific
100
Keokuk A Dos Moines, pref... 100
Lake Shore A Mich. So.7.
100
Lawrence (Pa.), leased, 10
..50
leaven worth T,n,w. A Gu-lv
100
..50
Lehigh Valley
Little Rock A Fort Smith
100
Little Miami, leased, 8
..50
Little Schuylkill, leased, 7..
..50
..50
Long Island
Louisville Cincinnati A Lex... ..50
do
Pref 9 100
Louisville A Nashville
100
Lykens Valley, leased, 10...
100
Macon A Augusta
1
Maine Central
TOO
Manchester A Lawrence.
100
Marietta A Cin., 1st pref
..50
do
2d pref
..50
Balt. Short Line, guar., 8
Cincinnati A Bait., guar., 8

.

30

4V
32
26 V

88 V
3V
70
100
76
116
39
Belleville A. So. Til., rvref
St. Louis Tron Af’n A. Southern
.137

Seaboard A Roanoke
do
ok in Val

52
50
4V

11

57

14
(;
8
52 V

....

purchaser also

pays

’^n

11V

§

inn

*23
10S

§17
90
5

CANAL

.

.

130
64
16
107
90

§*59
§43
^
3
65

Hudson—7s, 1891

Jas. Riv. A Kan.—1st M., 6s..

*75
77

JA.T

■

JAJ
JAJ
JAJ
AAO
AAO
MAN

......

86V
45
25
100
100

100
83
80

1894.MAS

CoflSpl. TllOl’t , 7« 191)
Louisv. A Portl.—3d mort.,
4th mort...

j

JAD

6s

loan,

reg.,

65
*50
30
3
80
52

Consol.. 7 3-1 Os

Schuylkill Nav.—1st, 6s,1897.0—M
2d mort., 6s, 1907
JAJ
.JAJ
Mortgage 6s, coup., 1895
6s, improvement, cp., 1880.MAN
MAN
6s, boat and car, 1913
7s. boat and car, 1915
MAN
Susquehanna—6s, coup., 1918.JAJ
.JAJ
7s, coup., 1902
Union—1st mort., 6s, 1883.. MAN
...

50
50
50

..

82

98 V 99
120 * 125

84

88

,

Pennsylvania—6s, coup., 1910.JAJ
1 Portage L.AL.S.Ship— 1st,10s gre’11
| 1st, 10s, brown

35
8
44 V
41
8V
2

100%

100

1885. AAO

New mortgage

32V
100%

105
106

(»s

i Morris—Boat

86%
55

90

6s, gold, coup. A reg., 1897. MAN

|

80 V

g., reg.,

85
84

97
94
95
86 V

reg., 1864.. -Q-J
Railroad 6s, reg., 1897
O—F
Debenture 6s, reg., 1877... JAD
Convertible 6s. reir.. 1862.. JAD

j

63
46
6
70

★

Lehigh Nav.—6s,

6s,

66V
18
107 V

BONDS.

7s, 1884
7s; 1877
Coupon 7s. 1894.
Registered 7s, 1694

do

6
G
7

no

1UU

Chesapeake A Ohio— 6s, 1870 Q —J
Delaware Division—6s, 1878 ..JAJ

j

17V
93
5V

6

1 nn
.........

25
110

100

.

fin

VY UK CMCI

Del. A

128 V 129

La

138
101
65
12

i nn

t* nnr

71
60
8
83
53 V
51
60
60
60
60

.

CANAL STOCKS.

Par.
...50 §
15
Delaware A Hudson
..100
50
lo
Delaware Division, leased, 8. ...50 §*...,..
45
Jainn.s Piyc.r A Kanawha
100
4
97
97 V Lehigh Navigation
...50 §20 V 20V
135 V
...50 V
Mondngahela Navigation
..100
Morris, guar., 4
150 V 152
do
..100 130
133
pref., guar. 10
...50 §
8
Pennsylvania
47
Schuylkill Navigation
4
§ 15
4%
do
do
§20 V 21
i>ref.... ...50
8V
§8
x05V 65 V Susquehanna
§

§18

50
25

Chesapeake A Delaware

......

......

J

accrued interest.

J In London.

...

...50,

;

Hampshire

§99
§64

Wilmingt’n A Weldon, leas’d, 7.100

70

-.

(jio

12V

inn

West Jersey
West. Mn.rvlnnd

40

§38

§12
*135

do
do
2d pref 100
Tol. Wab. AW. ,Pui\ Com. receipt s
100
Troy A Boston.
United N. Jersey RR A C Co
100
Union Pacific.. T
..100
Vermont A Canada, leased.. ..100
Vermont A Mass., leased, 5.. ..100
Warren (N. J.), leased, 7
Westchester A Pliila., pref...

65
113 V
78

29

4

10%

IFiO

50
....50
100

Syracuse, Bingli’ton A N. Y..

7V

99
37
35

44V

§10

50

Summit Branch, Pa
....50
Terre Haute A
100
Indianapolis
26
Toledo Peoria A Warsaw
..100
43 V
do
do
1st pref. 100

10

28

4278

1 nn

SI i;i in
A P
icnecrl <1
Pin
Shore Line (Conn.), leased, 8. ..100
South Carolina
100
100
Southwestern, Ga ,ruar 7

99
65

j

V*

I Tne

Sandusky Mansfield A N
Schuylkill Valley, leased, 5..

51V

*35

§42 V

St. Louis Kutisms (1 A North
1 nn
do
do
nrett.in inn

51V

26

990e

.

......

|




1

100

2 La
30

§35

99 V

50 46
leased
12
50
§3
Pittsburg Titusville A Buffalo.. .50
6V
§6V
Pittsb. Ft. W. A Chic, guar., 7.100
99 V 101
do
92
Special, 7.100
Portland SacoA Portsm.,l’sed 6 100 x45
47
Portsm’th Gt. Falls A Conway. 100
3
4
Providence A Worcester.
125
100 120
Rensselaer A Saratoga
99
-.100
101
Richmond A Danville.
4
100
6
Richmond Fred. A P
50
60
..100
do
94
do
96
guar. 6.. -.100
do
24
do
29
guar. 7.. ..100
Richmond A Petersburg
24
100
30
Rome Watertown A Ogdensb .100
15
25 Rutland
1
3
..100
do
7V
100
8
Pref., 7
do
Serin
inn
57 V 58
St. Louis Alton A Terre, Haute TOO
2V
do
<1(»
Pref inn
13
16

.

,

....

<-

..

Price nominal; no late transactions.

18V

47V

......

..

....

....50

Pref., 7..

Pittsburgh Cincinnati A fit. L

lllx
120

"IV
25

8
98

5V

Pittsb. A OonnollHviMe

....

50

.

1;il

.

5V

50

Phi In.. Aj TVaii inn
1H
Pliila. Gfinii’n Ar "Vim P«e/1 ID
Phi In.. YVilirmio-trm Ar Pu.lt.

38 V
96 V

1734
72

124

100
...50
.ft

Pref

do

......

......

-

do

17
71

•

50

Cliesan. A Del.—1st. 6s. 1886

7. .100

30
i
Wil.Col.AAug.—lstM.,7s,1900.JAD
Winona ASt.Pet.-- lstM.,7s,’87. .TAJ
80
r
2d mort., 7s, 1907
MAN
j
j
Ex., 1. g., mort., 7s,g., 1910.. JAD *183%
OWisconsin Cent.—1st, 7s, 1901. JAJ
25
Memphis A Charleston
Worc’r A Nashua—7s, ’93-’95.. Var. 1103
105
100
Michigan
Central..
j
Nash. A Koch., guar., Os, ’94. A AO
1901*2 91V! Mine Hill A S. Haven, leased.. ..50
Missouri Kansas A Texas
100
Mobile A Ohio
100
RAILROAD STOCKS.
Par.
Morris A Essex, guar., 7
..50
Albany A Susqueh.. Guar., 7. ..100
72
72
Nashville. Chat. A St. Louis... ..25
|j
o»>
Allegheny Valley
50
25
Nashua A Lowell
100
Atchison Topeka AS. Fe
100
15
15
100!
Naugatuck
Atlanta A West Pt
100
II Newcastle A B. Val., leased, 10 ..50
Atlantic A Gulf
100
1
10
j) Nesquehoning Valley, leased, 10.50|
do
Guar., 7.
100
30
1 i New Haven A Northampton
100
Atlantic A Pacific, pref
100
New Jersey Southern RR
100
Atl. A fit. Lawrence, leased, £. .100 $100
102
! N. London Northern, leased, 8. 100
!
Augusta A Savannah, leased.. .100
N.-Y. Central A Hudson Riv
100
Baltimore A Ohio
100 140
1 New York A Harlem
145
..50
do
Pref.,0
100 10.)
108
do
pref
|
Washington Branch
100 120
170
100
if N. Y. N. Haven-A Hartford
Parkersburg Branch
100
6
7
•] New York Providence A Bos... 100
Berkshire, leased, 7
100
78
82
.50
j North Pennsylvania
Boston A Albany
127 V Northern Central
100 127
Bost. Clint. Fitchb. A New Bed. 100
40
Northern New
100

Pref

Philadelphia A Reading

Tndianap’s Cin. A Lafayette... ..50
JeflTv. Mad. A

1AU

.

Petersburg
Philadelpiiia A Erie

33
40

22 V

TOO
100

do

„

......

^3
do

Illinois Central

Montg. & West Pt., 1st, 8s...,
West. Md.—End., 1st, Os, 90... JAJ
1st mort., Os, 1890
JAJ
End., 2d mort., Os, 1890
JAJ 107V 108 V
2d mort., pref., Os, 1895
JAJ j
82V 83 |
2d, end. Wash. Co., Os, 1890. JAJ 102
105
j
3d, end., Os, 1900
JAJ 107^2 108 V
West’nPenn.—1st M., Os, ’93. .AAO i
80
79
J
Pitts. Br., 1st M., Os, ’90
.TAJ !
80
79

West. Union RR.—1 st M. ,7s, ’9 6 F A A i
W. Jersey—Debent.Os, 1883..MAS
1st mort., Os, 1890
JA.T
Consol, mort., 7s, 1890
AAO
W. Wisconsin—1 stM.,7s,g.,’87.. JAJ
Wichita A8.W..-lst,7s, g., guar., 1902
Wil.A Weldon—8. F., 7s, g., ’90. JA.T

Housatonie
do
Pref., 8
Houston A Texas Central

* " Pref

Pennsylvania Railroad
Pennsylvania Company

12V

»

_

8

Ohio A Mississippi

Panama

70.
43
103V 105

Pref., guar., 8.50

Ask.

9V

..100
100
100
100
..100
50
100
100
50
50

A

■prAf

Colony
Oswego A Syracuse, gugr., 9
Pacific of Missouri. 1M

41

.100
of New Jersey
: Central Ohio
:. ..50
T
do
..50
Pref
37
.100
[Central Pari tie
Charlotte Col. A Aug
.100
.100 x38
{Cheshire, pref .
95
.100
Chicago A Alton
"do
.100 100
Pref., 7
99
.100 109 V
Chicago Burlington A
.100 xll9
{Chicago Iowa A Nebraska
55
177s
Chicago Milwaukee A fit. Paul .100
47 %
do
Pref., 7 .100
32 ®s
.100
Chicago A North Western
do
51V
Pref., 7 .100
65
99 V
.100
[Chicago A Rock Island
42
25
.(.’in. Hamilton A Dayton
.100
89
Cin. Sandusky A Cleveland— 50
$4V
i
do
Pref., 6.50 §31V
25
iClev. Col. Cin. A Indianapolis. .100
Clew A Mahoning Val., leased ..50
35
■Clev. A Pittsburgh, guar., 7... ..50
88
105 I Col. Chic. A Indiana Central.. .100
2V
73
I Columbus A Hocking Valley. ..50
16 1 iColumbus A Xenia, guar., 8.~..
99
.50
; Concord
51
50
75
1
Concord A Pnrtsnimitli.iniiLr..7 TOO 115
Connecticut A Passumpsic
.100
38
104V Connecticut River
.100 135
73 V
*50
Valley
80
do
*50
..50
Pref
80
60
IDanburv A Norwalk
..50
'Dayton"A Michigan, guar., 3V ..50 42

H09VU10V Delaware
"
X 1091*2 1101-2 Delaware A Bound Brook
104 V Delaware Lack. A Western
103

do

78V

100
39

inn

Old

[Cumberland

70

Ill. AS. Ia., 1st, 7s,

'78

..

t

2d, 7

§24

tvr/if

Ogdensburgh A Lake Champ

34
40
45
8
35
26

§7
§30

-rmw

Bid.

NorwiehAWorcester,leased,10.100 xl30V 130%

do

33
35
41

.

48
80V

do

66V

.

f
)
)

80
68
98

97 V
134 V 135V

i

[Central

75

Railroad 8tocks.
Northern "Pnniflc

.100
.100
.100
.100
.100
.100
..50
..50
..50
.100
.100

j Cedar Rapids A Mo
do*
Pref., 7

{Central of Georgia

Ask.

6.. .100

Burlington A Mo., in Neb

)

)
)

do
Pref.,
Boston A Lowell
Boston A Maine
Boston A Providence
Buff. N. Y. A Erie, leased

Camden A Atlantic
do
Pref
Catawissa
do
Old, pref
do
New, pref

H

Bid.

.100

Bost. Con. A Montreal

IIOI4

108

of First Page of Quotations.

Railroad Stocks.

>

i.

STOCKS AND BONDS—Continued.

Explanations See Notes at Head
Bid.

[February 24, 1877.

U In Amsterdam.

$ Quotation per share.

QUOTATIONS OF STOCKS AND BONDS—Continued.

GENERAL

Explanations See Notes at Head of First Page of Quotations*

For

1620
103
850
115

_

.

Augusta Cot. (Ga.)

101

100

1885. Ji
let, conv.,08,’97.J<!
let M., 7s,

Cumberl’d Coal & I.-

EquiL Tr.,real est. m
Ill. & St. L. Bridge—

100
70

75

99
94
tioo

101
97
102

Chicopee (Mass.) ..100
Coclieco (N.H.)
500
Collins Co. (Conn.).. 10
153
Columbus (Ga.)
120
Continental (Me.). 100
165
Dougl’s Axe (Mass) 100
Dwight (Mass.). ..500
102
Eagle & Plioe. (Ga.)
Erie & C. Car(M’h.)100
Everett (Mass.).... 100
Franklin (Mo.)
95
*90
100
*87*2 92*2 Granitev.Cot. (S.C.) 100
Great Falls (N. II.) 100
91
89
Hamilton (MasR.) 1000
100
Hartf. Carpet (Ct.)lOO
*97

3d, 7s, g., 1886.M&i
Tun’l RR.,lst,£,9s,£
Mariposa Gold L.&M.:
Cons. M., 7s, ’86. J&,
Merc. Tr. real eet. m...
N. Eng. M. Security 7

Pullin’n Palace Car—

4th do

Hill (Me)

90
95

*85

194

Jackson (N. HJ..1000
Laconia (Me)
400
Lancaster M.(N.H)400

105

10478
100

198

MISO’LLA NEOVS

STOCKS.

Amer. 88. Co. (Phil.)..
Atlan. &Pac. Tel. .100
Boston Land
10
Boston Water Power..
Brookline Land
5
Canton Co. (Balt.). 100

20„
4®8
5°8
3%

5
100
107
75

Mtg.SecurJBost.)

7,

Weils Fargo.

100

255e

102*2 102*2
58

50*2
83*8

84*4

1

155

150

20*2

21 *4

xl31
100 xll3Ms
Dorchester, Mass. .100 xl()()
Lawrence, Mass...100 xl24
88
Lynn, Mass., Gas..100
Maid. & Melrose... 100 x80
Newton* Wat’n ..lOOixllS

Chelsea G. L

Salem, Mass., Gas. 100 xl()4

Citizens’, Newark

Central of N. Y
Harlem, N. Y..

170

98
75
82*2
50
130

50

50

Manhattan, N. Y... 50

Metropolitan, N.Y.100
Mutual of N. Y
100
New York,N.Y.... 100

N. Orleans G. L. ..100

N.-Liberties, Phila..25
Washington, Pliila

Portland, Me., G. L.50
Richmond Co. (S.I.) 50

140
180
50

45

24 %
225
35
915
123
1000
20
81
15
71

1500

120
50
90
90
105
226
140

122
121
100
100
111
232
145

do

75

"75”
90
114

prof

St. Nicholas Coal... 10
S. Raphael Sil.,Mobile.
Sliainokin Coal
25

28

36

Westmoreland Coal.50
Wilkesb. Coal & I. .100

BOSTON

120

47e
5
8

155

200
35

13"
18

21
100

.....

Spring Mount. Coal.50
79

63
84

STOCKS.

Dairn
Dawson Silver
Duncan Silver
Franklin
Humboldt
Madison

Quincy

25
20
20
25
25
25
25
25
15
25
...25
25
50

15c.
10c.

6*8
13*2

6*4
1334

25

100

Orig.Coinst’k G&S 100

Seaton consol

Segregated Belch’rlOO

Sierra Nevada Silv. 100
Silver City
100
Silver Hill
100
Southern Star G&S100
Union Consol. Silv. 100
Yellow Jacket
100

Washington
Webster

125*2
105

114*2 114%
151
151*2
140

144

104*2 105

Brooklyn.

95s

Atlantic

20
7*i

Brooklyn
First National
Fulton

1330
1*4
2%
53g
1938

Commercial

Long Island
Manufacturers’.
Mechanics’

G78
14

95

105

175

185
100230
80
110
95
170

95
200
75
100
90
165
150

City National

..

Nassau

170

Brooklyn Trust...

1
6

178

Charleston.

63«
20*2
26*2
27*2

B’k of Chas.(NBA) 100
First Nat. Clias.. .100

People’s National. 100
People’s of S.C. (new) 2o
S.C. Loan & Tr. Co. 1 Oo
Union Bunk of S. C.5o

58
87*2
6

'

64
126

108
10
70
40

Chicago.
2*2
635g
9*2

Central National ..100
Commercial Nat... 100
Corn Excli. Nat.. .100
Fifth National
100
First National
100
German National. 100
Hide and Leather
Home National
100
Merchants’ Nat.. .100
Nat. B’k of Illinois. 100
Northwestern Nat. 100
Third National.... 100
Union National. ...100
Un.Stock Y’ds Nat. 100

/

*2
10*8
14%

...

BANK STOCKS.
Baltimore.
Bank of Baltimore 100

Bank of Commerce.25
25,
10
Citizens’

Chesapeake

Com. & Fanners’.. 100
Fanners’ B’k of Md.30
Farmers’ & Merch.. 40

Farmcrs’&Planters’25
First Nat. of Balt.. 100
Franklin
12*2
German American
Howard
1
Marine
30
10
100

130
11
28

135
12
32

110
32
42*2 45
35
37
125
130

First National
Fourth National..
German Banking Co..
Merchants’ National..
Nat. Bank Commerce.
1034 11*8 Second National
104
108
Third National
8
9
32
35
10 34
11
Cleveland.
117

People’s

25

Second National ..100
Third National
100
Union
75
Western
20

75
150
275
165
176
98
90
280
108
650
105
120
150

95
157

120
99

110

130

Cincinnati.

12*4
105

118*2 Citizens’ S. & L

ExelTge. 100 104*2 106*2

Commercial Nat
First Nat
Merchants’ Nat...
National City
Ohio Nat
Second Nat

..

20
140

25
150
96*2 98
64
62
34
36
.

100
100
100
100
100

130
116

Boylston

100

127*4

Atlantic
Atlas
Blackstone
Blue Hill
Boston Nat.

.

120

Broadway

100

94

100
100

172

City

100

Columbian

100
400
100
100

120
141

Commerce

Commonwealth
Continental

...

Eagle

100

Eleventh Ward
Eliot

100
100

Exchange

100

Everett.

100
100
100

jFirst Ward
100
j Fourth National. loo
.

.100
Globe. 1
.100
Hamilton
.100
Hide & Leather
.100
Howard
.100
Manufacturers’.. .100
Market
LOO
..

.

.2f)0
Massachusetts
10O
Maverick
60c. Mechanics’ (So. B.)100
2
Merchandise
.100
1
.100
1*2 Merchants’
1%
.100
25 1 Metropolitan
23
.100
50c. Monument
45 c.
.100
4
Mt. Vernon
3
.100
New England
14
12
North
100
43
North America... .100
5
4*2J
50
50c. Old Boston
25c.
.100
62*2C. 68 34c! People’s
100
50c. | Redemption
25 c.
.100
15c. Republic
10c.
18c.
30c.
50c.

114*2
106*4

Bunker Hill
Central

185*2 Freemans’
4
20c.
20c.

25

114*2 Superior.

185
32

334

10

Ridge

10

50

Rockland
25
International Silvcr20
iStar.
.25

Ophir Silver

Fancuil Hall
First National

MINING

Allouez
50
Calumet & Heela.. .25
25
Central—.*•

MGsnard
Minnesota
103*2 104*2 National
Osceola
131*2 133
105
106*2 Petlierick
Pewabie
40
45
43
Plienix
40
73

40

10

Quicksilver Min’g. 100

100

Mechanics’
Merchants’

*35

115

Marip’sa L.<fcM.CallO(H,
do
pref. 100^
Maryland Coal.... 100

Price nominal; no late transactions.




200

50

Pilot Knob I. (St.L)lOO

Leopard

Lucerne
10
Merrimac Silver
10
Mexican G. & Silv.100
Northern Belle
100

125
104

152
100
112
135
170

156
135
105
115
106
140

175

*100
*115
*150
*120
100 *125
90
100
100 *115

106
125
160
125
130
100
125

124

127

68

71
132
95
50
87
10O
158
127
69
157
122

100
100
100
100

Boston.

George’s Cr’k C’l (Md.)i

New Creek Coal

Tremont
Union

10^8
23g
17*4
5138
9%

11738 117*2
123*2 124

100
100
100
100
100

Trailers’

112*2

Cumberl’d Coal&I.lOO

Copper Falls

160

......

*

125
90
85
123
105
172
101
80
86
55
140

<150
22

178

Buck Mount’n Coal.50
Butler Coal
25
Cameron Coal
10
Clinton Coal & Iron.10
Consol.Coal of Md.100

114*2 N.Y. & Middle Coal.25
100*4 Pennsylvania Coal .50

135

St. Louis G. L
50
Laclede, St. Louis. 100
Carondelet..
50

Sau Francisco G L

133

*145

i 115

Mobile Gas & Coke....

600

48

Big Mountain Coal. 10

Locust Mt. Coal

50

National

25

10*2
36*4
18**8
934
46*2
71*2

8*8

Kossuth

Raymond & Ely.. .100
10
Joseph Lead
Savage Gold* Silv.100

MINING STOCKS.
Coal

100
100

21
10

160
145
201% 202:
122
121
120
120*4
155
144

St.

I

American

Julia Consol
Justice
Kentuck

Overman G. & S.. .100

COAL Sc HISCEL.

Cambridge, Mass.. 100

People’s, Jersey C
Louisville G. L

•24*2

215
30
Stark Mills (N.H.)IOOO 905
Tremont&S.(Mass)100 xl22
Thprndike(Mas8.)1000 850
12
Union Mfg.(Md.j...
Washingt’u (Mass.) 100 x75
12
Weed Sew. M’e (Ct.)25
69
Willim’tic Linen(Ct)25
York Co. (Me.)... 1000 1425

65*8

65

Boston Gaslight.. .500 812*2 815
East Boston
33
32
25
South Boston
120
100 xll8
Brookline, Mass... 100 x 115 115*2

Cincinnati G. & Coke.
Hartford, Ct,, G. L..25
Jersey C.& Hobok’n 20

90
100
80
111
89*2 90
xlOlO 1050
208
205
100
95
160
125
925
x400
405
550

89*2

Saudw.Glass(Mass.)80

26

GAS STOCKS.

Brooklyn, L. 1
25
Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklyn. 10
Williamsb’g, B’klyn 50
Flatbush, L. I
*
Charlest’n,8.C.,Gas.25
Chicago G.& Coke. 100

Henry Tunnel

Salmon Falls(N.H.)300

74
30

73
*20

100
100

Baltimore Gas
100
People’s G.L.of Balt. 25

Hale & Noreross. .100

Salisbury (Mass.).. 100

110

EXPRESS ST CKS
100

..100
11734 118*4 Grant
Granville Gold Co
475

Muscogee (Ga.)
Nashua (N. HJ....500 570
Naumkeag (Mass.) 100 112
N. E. Glass (Mass.)500 195

4
32

Exchequer G. & 8.100
Gould * Curry S..100

435

Pacific (Mass.)... 1000 xl925 1935
70
65
Penn. Salt Min. Co. .50
110
500 760 775x
107*2 Pepperell (Me.)
Portland Go. (Me.) 100
8
100
St. Louis Cot. (Mo.) 100

105

O. Dominion SS.Co.100
Pacific Mail SS. Co.100
Prod. Cone.L’d & Petr.
Pullm’n Palace Carl 00
St. Louie Transfer Co.
Un. Mining (Tenn.).lO
U. S. Mort.Co.(NY)100
West. Union Tel... 100

100

Langley Cot. (Ga.)
Lawrence (Mass.) 1000 xllOO
Lowell (Mass).....690 570
Lowell Bleacliery.200 350
Lowell Mach.Shop.500 600

15

Ill. & St. L. Bridge.100
Merc’ntile Tr.(N Y)100

85

700
84
Lyman M. (Mass.). 100 x82
138
Manchester (N.H.) 100 136
1000 xl080 1090
20*2 Mass. Cotton
Merrimack (Mass) 1000 X1260
478
160
xl57
5% Middlesex (Mass.). 100

50

Cary Impr,m’t(Boet.)5
Cent. N.J. L’d Imp. 100
Cin. & Covingt’n B’dge
do
do
pref.
Equitable Tr.(N.Y)100

100

Holyoke W. Power. 100

Western Union Tel.

Adame
American.
United States

—

Bartlett (Mass.)
Bates (Me)
100
Boott Cot. (Mass.) 1000
Boston Co.(Mass.)1000
Boat. Duck (Mass.)700
Cable S.Wire (Mass.j25
Cambria Iron (Pa.).. 50

96
58
25
75

194

Alpha Consol G&S.100

Belcher Silver.... 100
Bertha
860
Best & Belcher... .100
117
Bullion
.100
Caledonia Silver ..100
California
100
x94
95
100
1455, 1475 Chollar-Potosi
Cleveland Gold
10
1000
Consol. Imperial.. 100
715
x700
5
5*4 Consol. North Slope...
Consol. Virginia... 100
60
55
Confidence Silver. 100
xl05
Crown Point
100
740
725
6*4
67e Eureka Consol.... 100

96
86
Androscog’n (Me.). 100
..
94*2 95*2 Appleton (Mass.). 1000
Mort. 6s,g.,1904
105
Atlantic (Mass.)... 100
Un. RR.,lst, end.,Gs. *100
r

2d,end. 6s,g.M<S

1630

Ask.

109*2 110

.100
100
100
100
Security
1(K)
Sliawmut
Shoe & Leather... 100
100
State
100
Suffolk
100
Third Nat

Revere
Rockland
Second Nat

BOARD
Par

Am.But.HoleS.M. (Pa.)

Bid.

Bank Stocks.

Ask.

MINING STOCKS.

Amoskeag (N.H.) 1000

Consol. Coal-

Bid.

Miscellaneous.

AM.

STOCKS.

BONDS.

Canton (Baht.)—
£6s, g., 1904.
do

Ask.

1MAN UFACT’ING

>

N.E

Bid.

Miscellaneous.

Ask.

Bid.

Miscellaneous.

177

THE CHRONICLE.

Feb. nary 24, 18V 7. J

20c.

t The purchaser also pays accrued interest.

...

99*2
113*4
117
105

Hartford.

135
118

iRtna Nat
100
American Nat.. ...50
115
106*2 Charter Oak Nat. .100
122
City Nat
100
127*2 Connecticut River..50
Far. & Meek. Nat. 100
95
First Nat
100
175
Hartford Nat,
100
100
120*2 Mercantile Nat.... 100
National Exchange.50
143
100
113*2 Phoenix Nat.
100
117*2 State

105*4
113*2 114
48
111
176
119

Louisville.

49
112
178

Bank of Kentucky....
Bank of Louisville

119*oj ,Citizens’ National

135*2 136
204
85

205

86
99 lot 100

113
122
120

114
125
122
111*2 112

City Nat

Commercial of Ky
Falls City Tobacco....
Farmers’ of Ky
!
iFarmers’ * Drovers’..
I

First Nat

i German Ins. Co.’s

IGerman

! German National
114*4 11434
Kentucky Nat
98 34 99
| Louisville Ins. & B. Co
10934 110
Masonic
121
120
Merchants’ National..
—

147

150

[Northern
130*2 131
People’s.
104*2 105
140*4 140*2
93
92
182
180
122 34 123
141% L42
122*2 124
105
105*2

of Ky

Security

Third National
Western
West’n Financ’l C’p’n.

tin London.

127
80

103
115
5
91

91
102
113
111
110
114
120
175
101
111
125
10
102
125
89
110

128
81
104
116
IO
93
93
103
115
112
112
115
121
mo
102
112
I 127
15
103
......

90
112

99*2] 100*2

Mobile.

50
72*2J Bank of Mobile
First Nat
.....100
160
155
145
145*2 Nat. Commercial.. 100
Southern L’k of Ala25
131*2 L32
72*4

130
90
48
80
94
155
124
67
154
117

10
105
75
18

12
no
80
20

For

Orleans.

92*8 05
Canal & Banking.. 100
59^! 65
100
Citizens’
120
Germania Nat
100 115
100! 79 *8 81
Hibernia Nat

50

Lafayette

Louisiana Nat..
100
Mechanics’ & Trad..20
Mutual Nat. (new) 100;
New Orleans Nat-100

107
10
82

50

35

50
100

65

..

People’s
Southern
State Nat
Union

16

25

Workingmen’s

Bid.

Ask.

64
106
90
60
210
104
135
150
600
109
151
100
93
50
93
55
50
130
94
110
115
160
70
75
133

65
108
95
62
214
106
140
155
605
111
152
101
95
52
94

114
160
45

115
162
50

55
144
137

56
146
138

Bank Stocks.

50

City National

Citizens’ National..50
Diamond Nat
100

100
50

Duquesne Nat
Exchange Nat

Farmers’ Dep.Nat.100
Fifth Avenue
100
110
10*2 First Nat. Pittsb. .100
do Allegheny. 100
Ft. Pitt Bank’g Co.500
36*2 Fourth Nat........ 100
45
German Nat
100
do
66*2
(Allegli.).lOO
Iron City Nat
78
50
Marine Nat
50

100;

First Page of Quotations.

Explanations See Notes at Head of

Ask.

Bid.

Bank Stocks.

BONDS—Continued.

QUOTATIONS OF STOCKS AND

GENERAL

New

[February 24, lb77.

THE CHRONICLE.

178

Bid.

Ask.

92
145

150

Insurance Stocks.

Suffolk Mutual... .100

POO

Washington

100

Cincinnati.

Cincinnati
Citizens’
Commercial

20
25

100
20

Eagle

Enterprise

35

190
160

;N. Y. & Yonkers ..100
Niagara
50

106

Eureka.

20

Fidelity

20

20
20
Globe
20
Merchants’* Manuf 20
Firemen’s

Germauia

47
75
135
85
150
110
105
87*2 90
100
100
95
145
125
120
110
105
140
135
115
105
112
105
70
65
95
90
40
70
130

New York.

America
100
American Exch’gelOO
Bank.* Br’kers A. 100
Broadway
25
Butchers «& Drovers25

132

133

Metropolitan Nat... 50

109*2

110

80
201
122

Nat .B’k Commerce 100
Penn
100

201*2 People’s Nat

100

124

100

81

Second Nat

do
(Allegli.)lOO
Central National.. 100 101*2 101%
Shoe and Leather. 100
Chatham
25j 128*21129
1615 Smithfleld Nat....100
100 1600
Chemical
_

225
115

Third Nat
100
do
(Allcgh.)..50
Tradesmen’s Nat. .100

100

Commerce

25
100

220
113

Continental

100

110*2 H0%
70
70*2 ; Union Nat
135
134
United States

City

Citizens’

Corn Exchange ...1001
East River
25
25
Eleventh Ward
First National
100
Fourth National.. .100
Fulton
30
100
Fifth Avenue
Gallatin National ..50
German American 100
Germania—
100!
Gold Exchange... 100;

Portland, Me.
Cumberland Nat.. .40
103
Canal Nat
100
100
147*2 Casco Nat
First Nat
100
212*2 215
125
126*2 ! Merchants’ Nat
75
70
70%

.

100

Nassau
100
New York
100
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National. ...100

North America
North River
Oriental
Pacific
Park

100
50
25
50
100

People’8

25

Phenix

20

Republic

77*2

76*2

210
102
146

Merchants’ Exch’geSO

Metropolitan

225

100

100
.40
..50

50

Commercial Nat
50
Commonwealth Nat 50
Consolidation Nat..30
Corn

Exchange Nat.50
100

First Nat
100
Fanners’ &Mecli.N. 100
Girard National... .40

Kensington Nat

50

Manufacturers’Nat.25
Mechanics’ Nat....100
Nat. B’k Commerce.50
Nat.B’k Germant’n.50
Nat.B’kN. Liberties 50
Nat. B’k Republic.. 100
National Security. 100
Penn National
50

people’s
100
Philadelphia Nat.. 100

Second Nat
Seventh Nat
Sixth Nat
Southwark Nat

Spring Garden

100
100
100
50

Pittsburgh.
Allegheny Nat
50




Hartford, Conn.
Etna Fire...
100 245
Atlas Insurance... 100 '70
Connecticut .......100 113
Hartford..
100 230
National
100 160
Orient
100 120
Phoenix
100 195
55
Steam Boiler
50

..

140
116
128

Merchants’ Nat
100
Nat. B’k State Mo.. 100

12
75
60

Second National .100
St. Louis National.100
Third National
100

118
80

Merchants’, Old

...

100*2
101
105

84

122

100

131

130*2

260
190
83
62

275
200
86
67
36
60
68

48
66
125
168
170
133
135
66
68
60
66
2 8*2 29

117*2 1119

j Anglo-California
Bank of California 100
B’k of S. FraneiscolOO
First Nat. Gold
100
Grangers’ B’k of C.100
!

Merchants’ Exch.. 100

i Pacific

Pioneer L. A L. A .100
iSwiss-American
100

185

Pacific
25
Park
100
Peter Cooper....... 20

245
145
190

People’s
50
Plienix (B’klyn) ....50

ieo’

Produce
Relief

ExehaugelOO
50

Republic

100

Ridgewood

100

50
85

59
109
50

29
37

58
106

60
110
52
30
45
60

103
102
105
100
105
80
110

25

[Citizens’

20

Baltimore.
! Associate Firemen’s.5
Baltimore Fire Ins. 10
i Firemen’s Insur’ee. 18
Howard Fire
5

10

;Md. Mut’l Ins. A See 25
! Mercliants’ Mutual. 50
National Fire

10

Boston.
100
Alliance
American F. & M..100

(Boston...

100

I j Commonwealth.

. .100

[Dwelling House... 100
Eliot
Faneuil Hall
Fireman’s

100
100
.100

! Franklin

100

[Globe

100

i Clinton
;

100
30

Eagle
Empire City
Emporium

40
100
100
30
50

100
Gebhard
6*2 German-American 100
2 6*2 Germania
50
50
45*2 Globe
25
6*2 Greenwich
5*4 [Guaranty
100

5*2
25*2
44*2
6*4
5
54
24

62
10
15

12*2

7 ;>

122
144

145

100
116
145

75
146
87
67
145
127
90
145

x99
130
100* 130

100 x95

80
136

[Guardian

100

15
50
50
100

Hamilton
Hanover
Hoffman
Home..

80
125

100
135
135

.

[Lenox

100

25

[Long Isl’d (B’klyn).50
! Lori Hard.
25

j Manuf. * Builders’100
Manhattan

100

;Mcch. & Traders’.. .25
j Mechanics’ (B’klyn)50
Mercantile

Merchants’

50
50

30
Metropolitan
95*2 Montauk (B’klyn).. 50
82
Nassau (B’klyn).... 50

136*2 National

37*2

200

Philadelphia.

Citizens’

97

98

City Insurance Co..50
Enterprise
50

17*2

Eureka
Federal

30*2.
92
40
40

t Prices generally nominal; books

50

19

46

25
German-American ..25
Humboldt
50

50

City

17*2
39
25

I- 28

18

30

37
36
42
54
62

.50
50

15

40
40
43
58
65
58
17

62*8

64

100

82*8

85

17
75
88

80

Manuf. & Mereh’ts’ 50

Monongaliela
50
21*2 Nat. Allegheny
50
32
50
Pittsburgh
People’s of Pittsb..50
95
75

52
21
90
51
29
26
57
45
31
35
40
28
40

51
20
85
50
27
25
55
41
30
33

50

(Allegli.).. .50

German

Iron

45
72
20

100
50

Bon Franklin(Alleg)50
50
Boatmen’s
Cash
50

50

Pennsylvania

Union
Western

55*8

Richmond.

100

95

ioo‘

85
75
108

200
85
200
200
180
160
150

95’

223
210
190
170

City

25
Commercial
....100
Granite
Mereliauts’*Mech.lOO
Old Dominion
100

jPiedm’t * A. Life. 100

IRielim’d Fire Ass’n.25

25
100

Virginia F. & M
Virginia Home

Virginia State.. 1.. .25
St. Louis.
American Central..25
Boatmen’s Ins.&T. 100
Citizens’
100

..100
100

Commercial
Franklin

65
80
155

[Jefferson

260
120

[Marine
! Pacific

—100

Lumbermen’s * M.100

250

130
127
115
75
115

120

110
175
130
290
70
90
150
125

95

130
130
185
165
95
160

145
190
125

100

100

100

[United States

19
91
68
20
40

18
39

97*8 105*8
30

29
21
95
75
75
75
75
15
60
65

3
100
60
80
80

95
160
135
99
115
95

100
California
Commercial
100
Firemen’s Fund... 100
Home Mutual

100

101

MARINE

100

50
150

112“

INS.

SCRIP Ac. t

Nfcw

York.

Atlannc Mutual1875

Commercial Mutual—

New York Mutual-

1864
1876

99
97

95*8

97

80

90
60

Orient Mutual—

100
140
140
195

70

65

100 i 16

Union

1871.

185
112
160
108
105

•

80
20
62

60

111*2 State Investment. 100

200
140
300

....

San Francisco.

*

105

140
175

Phoenix

85

70

100
100

[St. Louis

80
50

Pacific Mutual—
1868
1876
Union Mutual1864
1876
Groat Western stock..
Mercantile stock
Sun stock

11

Prico nominal; no late transactions.

...

71

52
73

180
160

American Fire
.100
305
Fire Association... .50 300
435
100 *425
Franklin Fire
Delaware Mutual.. .25 *30
30% 31*8'
Ins. Co. of N. Am’ea 10
Tus. Co. Stute of Pa 200 250

65
47*2

150
105
97
170

Lamar

Williamsburg City. .50 190

25
25
10

Tradesmen’s
United States
Westchester

Armenia
Artizans’

95
40

100

105

85

[Lafayette (B’klyn) .50
1

100
25

50

117
115

80
150
89
68
150
128
95
150

Sterling
Stuyvesant

166
170
100
95
100
115
70
190

120
120
100
160
170

50

Howard
..50
144*2 Importers’ & Trad. .50
145*2 i Irving
100
Jefferson
30
116*2 Kings Co. (B’klyn) .20
Knickerbocker... ..40
150
.

Star

52
50
100

Standard

Allegheny

25

Hope

100 125

St. Nioliolas

Allemania

Columbia
Commerce Fire.... 100
Commercial
50
Continental
100

Firemen’s
17
Firemen’s Fund
10
Firemen’s Trust.... 10
100
Franklin

N.EngPdMnt.F&MlOO:
North America.... 100;
Shawm ut
100
Shoe & L. F. & M. .100

70

[Exchange.:
Farragut

[Manufacturers’. ..100
I Mass. Mutual
100
j Mechanics’ Mutual 100:
[Mercantile F. & M.lOOj
Neptune F. & M...100 132*2 13234
.Prescott
; Revere

17

City

INSUR’

jjBoylst’n Mut.F&MlOO

55

101
100
100
99
100
70
105
130

25

...

Broadway
i Brooklyn

STOCKS.

186

116
60
62
92

Bowery

Safeguard

65

50

iBrewers’&M’lst’rs.lOO

25

Rutgers’

61
80
90
37

20

Atlantic

100

Resolute

90
90
109
60
180

Pennsylvania Fire 100,
Pittsburgh.

100

I Arctic

CE

FIRE

145
88

160

! Amity

..

I

150

j American Exch... 100

/o

San Francisco.

[Maryland Fire

85
140
75
110
60

SO
65
55
120

Valley National... 100

122

102*2 105
120
95
130

13

250
75
115
235
165
122
200
65

Hobile.

..

135
115
126
100
100
104
83
120

135

25

Western

■

100

•22d Ward
50
'Third Nat
100
Union Banking Co. 100
Union Nat
50
Western Nat
50
West Philadelphia. 100

American
100
Arsenal
50
Artizans’ Deposit... 30
Bank of Industry.. .50
Bank of Pittsburgh.50
•Central
100

20

20

[Washington

jNational Traders’. 100

.

100
100

Eighth Nat...

50

100

Citizens’ Mutual... .70
135*2 136*2 Factors’* Trad’s’ Mut.
104
Mobile Fire Dep’t..25
102
Mobile Mutual
70
136
135
Planters’ & Merch.Mut
101
100
Richmond, Va. t
Stonewall... '.
111
110
22
20
City Bank
25
Wash’ton Fire &M..50
120
iFirst Nat
100; 115
90
80
85
Merchants’ Nat...100
New Orleans.
90*2 90% Nat. Bk of
100
VirginialOO!
*
Crescent Mutual
182
180
Planters’ Nat.
100! 112*2 120
Commercial
124
122
80
76
Bank
Vu.1001
State
of
Factors’ and Traders’
165
161
■
I
|
[Firemen’s^
133% 134
St. Louis.
100
99
[Germania
B’k of Commerce. .100: 300
Hibernia
100
98
7
B’k of N. America. 100
Home
112*8 113
35
B’k of St. Louis
100;
! Hope
137
137*2
135
iBoatmen’s Bank ..100 133
Lafayette.,
85
86% ! Butchers’ *Drov’s’ 100!
40
Merchants’ Mutual
130
128
90
Carondolct
j
Mechanics’ * Traders’
107*8 108
Commercial
100; 145
New Orleans Ins. Ass’u
119*8 120
100
Continental
100,
New Orleans Ins. Co
95
! 100
104
Exchange
lOOi 102
People’s
133*2! 134 (Fourth
203
200
National ..100;
Sun Mutual
100*4 100*2
25
German
100!
Teutonia
116*2 117
31
29
German American 100]
Union
85
80
40
International
100; 32
217
220
8
6
Iron Mountain
100
New York.
80
80*4 Lucas
70
Adriatic
25
90*4 91
8
Market Street
100
70
72*2 Mechanics’
[Etna
100
62
100
I American
50
160*2! 161
50
Mercantile
100

Second National.. 100
Seventh Ward
100
.Shoe & Leather
100
St. Nicholas
100
iState of N. Y. (new) 100

City National..

50

Miami Valley
National
Union.

96

93

40
.100
Importers’ & Tr.. 100
..50
Irving
Leather Manufts. 100
..50
Manhattan
Manuf. & 3Ierch’ts.60
100
Marine
100
Market
..25
Mechanics’
Mechanics’ B. Ass’n50
Mechanics’ & Tr.. .25
100
Mercantile
..50
Merchants’.

Grocers’
Hanover

100

52
134
97
111
120
165
75
80
135

110
140

25

North River

1
8
7
4
.
65. 17681
Mechanics’ Nat
50
Merch.&Manuf.Nat 50

90

,

20
20
...25

Amazon
American

New York Fire....100

;N. Y. Equitablo

Ask.

Bid.

Insurance Stocks.

closed for annual report.

80
50

100
70

90
60
110
75

55

75

85
57*8

Febraary 24, 1877.]

RondoutexDenses

3 noestmentfi

Taxes

AND CORPORATION FINANCES.

Supplement” is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle.
No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
The “ Investors’

subscribers.

REPORTS.

ANNUAL

Delaware and Hudson

showing

an

ef anthracite coal was

increase of fifty per cent.

4,925,000 tons.

7,482,020 tone.

The demand steadily in¬

creased until 1873, when the production reached 21,689,000 tons,
an increase in eleven years of nearly three hundred per cent.
In 1874 the production was
19,805,000 tons.
A decrease of nine per cent. In 1875
7
20,648,000 tons.
A gain of four per cent; and in 1876
18,906,000 tong.

A decrease of about

nine per cent.

The large increase of consumption during the decade 1860-70,
was doubtless in large degree the result of the exigencies of the

and the demand for coal became so great that the companies
engaged in the trade were compelled, in order to meet it, to ac¬
quire new lands, open mines and secure new avenues to market.
At the present time it is safe to say that the aggregate produc¬
tive capacity of the anthracite region is not less than thirty mil¬
lions of tons, and until the natural increase of consumption calls
for such full production, the practical relief to the trade would
seem to be an
arrangement proportioning the supply to the
war,

demand.
Meanwhile your managers, in

the exercise of their best judg¬
ment, are looking to the care and preservation of the property.
To this end the most rigid economy is being observed in every
department, and a marked decrease in the cost of coal and genera!
expenses has already been attained.
As a matter of record, and for tbe purpose of comparison in
showing how exceptionally low the price of coal is, it may be
stated that the average quotation of stove coal, from 1853 to 1862,
both inclusive, was about $4 25 per ton.
This was a period the
least remunerative the trade had encountered, and one during
which the wages of miners were at least forty per cent, below
tbe present rates.
Tne record of the company in the past is the strongest evidence
of the intrinsic value of its property.
For a period of years it has
paid to its stockholders regular dividends, besides largely reduc¬
ing, from time to time, the cost value of its lands and other
acquirements, upon the bookp, so that to day your coal lands are
represented by figures which do not show one-third of their fair
market value; and the managers have no hesitation in saying
that at no period in the history of the company has its property
been in as good order and condition as now.
The policy that led to the acquisition of the leased lines has
been severely criticised, and the results of such policy grossly
misstated. This branch of the business will be found separated
from that of the company proper, so as to show the net results
in operating the leased lines apart from the profits on coal.
In
this connection it should be remembered that, prior to the
acquisition of those lines, the only outlet for our coal was by
canal from the mines to Rondout on the North River.
This out¬
let could only be used during eight months of the year, and we

practically cut off from the winter market.
The finances of the company are in a sound condition, and the
attacks that have been made upon its credit are wholly unwar¬
ranted. The managers can only express their regret if any stock¬
holders have sacrificed their property under the influence of ap¬
prehension caused by adverse rumors, which were entirely with¬
were

out foundation in fact.

In concluding this report, it may be added, for the purpose of
enabling the stockholders to form their own estimate of the value
of their property, that the fixed annual charges, including inter¬
est and rentals and dividends upon leased lines, do not exceed
$3,000,000. The receipts applicable to their payment, and en¬
tirely exclusive of any profit on coal, are fully $2,000,000.
A.

Statement of the business of the Delaware & Hudson Canal

Company for the

year

1876, ending December 31

:

DR.

Coal on hand December 31, 1875, tone,
Coal purcha sed

Mining coal

Coal transportation

.

and repairs

Freight of coal and canal




expenses

265,453 15
.....

.

Salaries, rent, and miscellaneous and law
Interest
Loss on leased lines (see table

expenses.

13)

Balance, profit

^

Total

\

...$8,264,522

cn.

Sales of coal December 31, 1875
Canal tolls
Profits of miscellaneous railroad
Interest on investments
Miscellaneous profits
Coal on band December 31, 1876,

(e)Advanc

$3,495,427
43,444

earnings in Pennsylvania

306,911

338,932

381,04V

698,758

240,322 tons

$8,264,522

Total

Canal Company.

(For the Year Ending Dec. 31, 187C.)
The annual report of the directors contains the following: The
New York and Canada Railroad has been completed, and the
entire line was opened about the first of September.
The busi¬
ness upon this road has realized our expectations, and justifies the
belief that, when the ore and iron interests resume their wonted
activity, this road will be self-sustaining ; and beyond this, as a
feeder to the Rensselaer & Saratoga and the Albany & Susque¬
hanna roads, will largely increase their revenues.
In the present condition of the coal trade, it would be idle to
speculate upon the results of the business for the current year,
for, bo long as the capacity of the anthracite region is pushed to
its full extent, and the quantity of coal mined and forwarded to
market is largely in excess of the requirements for consumption,
just so long must the business continue to be unprofitable.
In 1852 the production
In 1882 it was

143,755
428,839
59,861
221,177
172,984
1,187,835
5)5,405
308,020*

Freight paid oiher lines...
Harbor and yard expenses.

AND

STATE, CITY

179

CHRONICLE.

THE

$737,627
120,599
2,754,778
542,155
1,032,430

B.
Profit and loss statement of leased railroad lines,

being “Al¬
bany & Susquehanna,” “ Rensselaer & Saratoga,” “ New York &
Canada,” and their branches :
Earnings.

Expenses.

Passenger
Freight

Express

Mail
Rents
Car service

Operating road

1.929
45,286

Repairs
Repairs
Repairs
Repairs
Repairs

23.766
394,433

30,074

169.166
3G 954
122,277
212,932
488,341
21,255

engines and tenders
cars

track
buildings

extraordinary

16,796281,816-

Fuel
Miscellaneous expenses

...$3,082,677

Tojal.

419,771'

Salaries and expenses
Loss and damage

38,739

Cherry Valley branch
Champlain earnings
Troy toll bridge

$118,368

Taxes

$872,007
1,594,816
56,553

Telegraph

41,22330,006

Trackage

9,148
36,163;

Oil and waste

$2,0',4.249
1,613,834

Interest, rental and dividends on “leased lines”.

$3,618,083

Total

Balance
Canal

Loss.

charged t© profit and loss account of “ Delaware & Hudson
.
Company” (see statement A)

$3,618,083-

Total

Condensed balance

December 31, 1876

sheet, Delaware & Hudson Canal Company*

:
Dr.

$6,338,210

Cost of canal
Cost of railroad and

6 195,511

equipment
(a) Cost of real estate
Cost of opening mines and improvements....
of
of
of
of
of

Cost
Cost
Cost
Cost
Cost

boats, barges and steamboats
coal yards and fixtures, tools,
Lack. & Susquehanna RR

8,532.873

2,313,264
293,584
681,712

'

mine fixtures and equipments

232.860
1,021,153
14,734
320,118

&c

te’egraph lines

(b) Cherry Valley RR., original cost, $700,000

54,675

Lackawanna Palace Car Co

Supplies on hand at machine shops, &c
Coal on hand, tons, 240,321
Advances to leased lines, payable in stock or bonds
(c) Miscellaneous assets, consisting of bonds, as under
Rhinc-beck & Conn. RR. Co., 300 bonds
Jefferson RR. Co., 124 bonds
Boston II. & Erie, 1,420 bonds
Albany & Susq , consolidated, 420 bonds
Sundry sma 1 assets

Stocks,

ns

l,319,r04
698,758
427,500'

—

described—

$3(0,000
103,050

1,254,2(8

429,000

145,972

$2,223,291

under described—

$3,597,036

(d) N. Y. & C. RR., 39,213 shares

900,000

A. & S RR. Co., 9,0(0 shares
Rensselaer & Sar.. 7,529 shares

750,912

96,244

Sundry stocks, 1,298 shares

royalties.

Cash on hand
Cash assets, being accoun.s

.

$5,344,213
521,179-

8,038,714

624,581

.

and bills receivable..

2 063,237

..

$39,285,099'
6V.

Capital stock

Funded debt

Bonds,
Bonds,
Bonds,
Bonds,
Bonds,

■

...

$1,500,000

1877
1878
1381
lSvil

j^.OOO

1894

$15,116,000

If)

December bills payable in January
Depositors

(f) Taxe6 payable in January
Dividends and interest unclaimed
pavable.

(gj General

15,llb,0l(*

3,500.000
5,100,000
4,744,000

(c) Sinking Fund, Boston. Hartford & Erie
(f) Interest and dividends payable January

Bills

f 55,405

RR.J>onds.
1, 1877

.

274,545
760,706
502,590
634,318
57,833
35,721

855,000

.

1,048,323

profit and loss

$39,285,09©

“Real Estate” includes the entire real estate of the
dock properties at Weehawken, Rondout and
Brooklyn, the valuable property at Buffalo, coal yards at Newark and Roches¬
ter, together with the entire coal lands of the company, which at the present
(a.) The item

Company, and embraces the

v dues are alone worth fully $20,000,000.
(6.) The “Cherry Valley Railroad” was constructed under town aid,
at a cost of about $700,000, and was purchased by this company as a feeder U>

low

the

Albany and Susquehanna Railroad at

(cl)

In “Miscellaneous Assets” appears

the low cost stated in the Balance
an

item of $1,420,000 Bostoa

Hartford & Erie bonds, costing $1,234,268.83. These bonds were taken from
i he Erie Railroad Co. under a cot tract for the construction of the Jefferson

Railroad, which connects our mines and

railways with the main line of

guaranteed by the^JSrie,
receiver. The sinking
was created,
and will be reached)

that company. The interest on these bonds is
upder a traffic agreement, and regularly paid by its
fund from these interest paym* nts, representing now $<74,545.19,
for the extinguishment of*the principal of these bonds,
beL re their maturity.

(d.) The amount $3,597,036.51. together with $4,003,000 of bonds, repre¬
the entire eost of the New York & Canada Riilroad after placing
credit of the account the State and Town aid extended for its con¬
struction.
sents
to the

[F bruarj 2i, 1877;.

CHRONICLE

THE

180

coal paid for in advance property on the first day of January, 1877,1 (kink it reached that
point on that day.
By referring to the report of December 18,1874, it will be seen
that the estimated cost of the construction was $525,000.
By re¬
ferring to the cost of construction it will' be seen that the actual
cost has been, including steamboat, $486,451/
The financial statement, from the 26th of November, 1874, the
(g.) The general profit and loss account is the balance of that account after
charging to it the dividends of February and August, 1816, in accordance day the road was received from the trustees, up to the first of
with the custom of the company to pay dividends for any current year from
January, 1877, stands as follows :
the earnings of the previous.
(e.) “Advanced Royalties” embraces mine rents and

.

which the company has the right to take as It may desire.
(?) Of the floating debt as represented, the items, v z.: Interest, dividends
taxe* and December bill*, aggregating $1,321,190 15, were paid in January
The amount due to, depositors was also reduced $<4,837. The obligations of
the company were increased during January $4f2,000. and the company re¬
ceived from the pale of securities $28,000, showing a net decrease of obliga¬
tions of $916,027 15, and had on the 81st January cash on hand, $871,462 47.

THE NEW YORK AND CANADA

Amount received from trustees Nov. 26,
Less payment on account of this fund

RAILROAD COMPANY.

STOCK AMD DEBTS.

$4,000,000

Capital stock

4,000,090

Funded debt
Due Delaware & Hudson Canal Company

250,636—$8,250,G36

COST OP ROAD.

$1,923,872
405,012
2,082 381

■Graduation and masonry

Bridges
Superstructure, including iron
Paeeenger and freight stations, buildings, &c
Engine and car houses, machine shop9, &c
Land, land damages and fences
Telegraph line
Freight and other cars

67,936
33,014
421.324

.

this division with the Vermont division, was raised by a pledge of
the earnings of the business to come over that section of the road.

They say : .While it is a cause of regret to your Directors that
tlie confident expectations of much larger receipts, as expressed in
Itheir last report, have not been realized, this is not necessarily a
The

discouragement as to the future prospects of the road.
from which that business was to come have not

sources

failed, but delays that it was not in the power of this company to

prevented it from receiving any substantial benefits
therefrom during the past year. It is true that a connection of
rails was made a year since with the Vermont division.
But it
was not in the power of the managers of that division (even had
they been so situated as to have felt free to attempt it) immedi¬
ately to divert the traffic, either of passengers or freight, from its

■control

old accustomed channel to the seaboard into a new and hitherto
untried one.
And it was not till near the middle of October that,
a new division of the receipts having been agreed upon, any con¬
siderable portion of such business was brought over any part of
the line.
The road in Vermont has been operated to the town of Johnson,

ferty miles short of its contemplated terminus at Swanton. That
portion of the road is now in process of construction under con¬
tract limiting the time of completion to the 1st of Feb. ensuing.
The new lice projected by the citizens of Burlington and other
towns on that route, between Lake Champlain and Cambridge, has
been graded acd would have been opened ere this, had the road
of the P. & O. from Johnson to Cambridge been constructed. The
distance between these two points is nine miles.
The iron is now
laid over five miles of this section, and the grading will be finished
ou the remaining portion and ready
for the iron in a few weeks.
OPERATING

*

From Passengers
From Freights....
From Mails
From Express
From Miscellaneous
From Mortgage Notes,

$92,037
129,763
9,*77

2,250
1,051—234,979

receipts

Expenditures

$89,815

Construction and equipment account
GENERAL

Dr.
and

Construction

BALANCE, NOV.

$3,485,903
4.361

City of Port¬

land bonds
Bills receivable
Interest on funded debt

...

Bonds, Nov. 1, 1870
Bonds, Nov. 1, 1811
Bills payable

95.076

Income account

2 i,644

Sundry accounts

$1,052,125
80 *,000

1,577,960
337,650

110,580

$101
39,734

4.026
83.521
4,408—

Profit and Loss

81,792

Leaving net earnings applicable to Dividends.
Which, in conformity with my report of Dec. 18. 1874, and orders
of your Board of Directors, were disbursed as follows:
For Construction Account, new rails, etc
$304,513
F< r Lands for Cent ral Station
2,207
For Lsnds.for, and building. New Depot at Montgomery....
36,796
-For Additions to and Machinery for Shops
21,776

$446,651

....

For
For
For
For
For

4 Engines
100 new Freight Cars and six Hand
4 new 1st Class Passenger Cars
1 new Baggage and Mail Car
Steamboat
v

38,849

Cars

47.964

17,560
2,073

15,209

Showing total expenditure of

486,451

Being in excess of Receipts of Road
$69,799
In addition to this debit against future earnings will have to
be added the amount due to your committee, who have not yet
been

paid for their,

nor

their agents’, services and

expenses.

To the above deficiency of
It will of course be necessary

$69,799

to add the Mortgage Indebtedness
($275,000), decreed by the courts as a prior lien, to show the
entire liabi ities, and thus making a total Mortgage and floating
debtof...

$344,799

/.

STATEMENT OP INCOME

OP

ROAD

DISBURSEMENTS

AND

NOVEMBER

Receipts.

I

FOR

ENDINU

YEAR

80, 1876.

233,271
402/58

Disbursements.
for year. $439,820
22,439
Coupons income bonds M. A.
M. Railway
23,076
Coupons M. & M. R.R
2,960

Mails

23,955

Express.

14,189

163,625

Balance from year ending
Nov. 30, 1875
Earnings for year from—

Passengers

Freight
Sales old materials
Interest account..

I Operating
$1,070 | Taxes

15,470
82

Balance, being expenditures
over net earnings
Total

Profit and Loss
Construction acc’c—New rails
New dept at Montgomery

$797,795

3,703

(completed)

New

107,C9S

expenses

13,132

shops and machinery at

Montgomery

21,776

Vaw
rirtrq
*

100 freight cars
6ha dears
4
p iS8. cars, 1st class
1 baggage car
New engines (two)
Lands for company
Steamboat “Mobile11

LIABILITIES, DEC.

47,624
440

17,360

3;073
19,735
917
15,209
$797,795

31, 1876.

Capital Stock—Authorized amount (of which but $2,791,600 have
been i-sued)
$3,022,517
Bond and mortgage debt
215,0C0
Income Account—Nov. 30,1871, to Jan. 1, 1877
404,651

$3,702,169
Unpaid vouchers
Bills payable'

$37,954
37,837
18,541

Open accounts
Miscellaneous
Coupon*
Due
Due

foreign roads
agents

.'

99
9,411
6,416— 110;26Q
12,165
15,912

'—

315.860

2,117
$3,842,624

48,476

$4,135,713

-

$ 498,444

Drexei, Morgan & Co., coupon account, Dec., 1876 (gold)...
Rogers Locomotive Works, Nov. 30, 1876

244,276

City of Portland

accounts

91,6C6

30, 1816.

Stock paid in

equip¬

Telegraph construction..

Sundry
Cash

-

Cr.

ment account

on

901,377

145,164

Balance

bonds

$1,3«Mm

Total

Fxpress

Interest

12,009

viz.:

Coupons M. & M. R. R
do
do
Railway

TOTAL

Mails

on

,

depot property at Montgomery....

ACCOUNT.

Passenger traffic
Freight traffic

Discount

52,864
31,138
29,724

Net Earnings
Less following charges vs. same,
Interest Account
Taxes

Receipts.

Miscellaneous

$439,405
831,688

Expenses, from which $15,595 Taxes
charged Nov. 30, 1875, has been deducted.

301,954—$8,250,636

Ogdensburg Railroad.
(For the year ending Nov. 30,1870.)
The Directors’ report shows that the equipment of the road now
consists ol 8 locomotives, 13 passenger, 3 smoking, 3 observation,
3 baggage, 1 baggage and smoking, 2 brake van, 45 box, 25 hay,
70 platform, 1 crane, 20 ice cars and 3 snow plows.
*
One special cause for the embarrassment under which the com¬
pany now labors, is found in the fact that in order to reap the
benefit of the money already expended, it has been found neces3&1y to take the earnings of the road and to increase its indebted¬
ness to aid in the completion'of its construction.
A large portion
of the money expended in building the last section, connecting

for

21,222—$3,610

Leaving net balance carried to Dr. construction account and
charged below.
Total receipts, earnings from Nov. 26, 1874, to Jan. 1,1877:

Less Operating

Portland &

reason

$17,612

Total

6,338
2,782

Engineering and agencies

1874

GENERAL INVESTMENT

NEWS.

165.927

2,936

Atlanta & Richmond Air Line.—A general meeting of
bondholders will be held at 162 Broadway

the
(up¬
stairs), in this city, Tuesday, February 27, to adopt a plan for the
Mobile & Montgomery Railroad.
future disposition of the property ot the said company, lately
(For the year ending Nov. 30, 1870, and from Nov. 26, 1874.)
purchased by the committee in the interest ot the bondholders.
From the President’s report to the stockholders of the'Mobile
Atlantic & Paoifie Telegraph.—The directors met this week
A Montgomery Railroad Company we obtain the following :
inf the office of the company, corner of Broadway and Liberty
On the 20tli day of November, 1874, the property of the Mobile street.
The following directors tendered their resignations, which
& Montgomery Railroad Company passed into tlie hands of your were accepted: C. J. Osborn, W. H. Quion, S. M. Mills, A. B.
The following gentlemen were
company, uu er the decree of the Chancery Court. Like many Chandler and James D. Smith.
Southern roads, in its struggle to avoid bankruptcy, the track, elected to fill the vacancies: J. W. Garrett, president of the Balti¬
motive power and rolling stock had been suffered to depreciate.
more & Ohio Railroad ; Thomas A. Scott, president of the Penn¬
To renovate and improve the property thus situated, the directors
sylvania Railroad ; Hugh J. Jewett, president of the Erie Rail¬
decided to appropriate the net earnings of the company, until
way ; Com. C. K. Garrison, and James R. Keene of San Francisco.
such time as all the deficiencies should be supplied, and until the
Gen. Eckert, president of the company, read a report recom¬
property could be pronounced fiidshed and complete, the con¬ mending the immediate construction of 10,000 miles of new lines,
struction account closed and the annual income charged with all
covering all competitive points.
Annual expenditures ; and, in looking at the condition of the
Resolutions were adopted that 20,060 shares of capital stock,




$4,135,713

first mortgage

February 24, 1877.]
the issue of which

was

THE CHRONICLE.

authorized last spring,

should be offered

at once to the stockholders of record at $20
per share, the division
to be pro rata; also, that the transfer books should be closed from

February 21 to March 10,1877, and that stockholders desiring to
accept their portion must give notice to the treasurer on or before
March 10. It was also provided that 25 per cent, of the amount
subscribed should be paid on or before March 10, and the
remainder in monthly instalments of 25 per cent. each.
We have not heard that Messrs. Garrett or Scott have
accepted
the position to which they were elected. If
they do accept,*and so
associate themselves with Messrs. Jay
Gould aud Hugh J. Jewett
in the management of this company, this .combination of
financial
talent is worthy of attention.
Atlantic & Gulf. —At a meeting of holders of first mortgage
bonds, consolidated and sectional, of the Atlantic & Gulf Railroad
Company, in Savannah, the committee appointed January 31
reported that they had examined the affairs of the company to
January 1, 1877, and find that the total liabilities are $1,034,105,
and the assets, outside of the railroad and its
appurtenances,
$68,020. The report continues : Of the liabilities, we believe

r

181
Miles.

r„«

,
Illinois

Barnlni

$S,773,$4

4fi6
314
3C0

Iowa
Southwestern

3,193,367
869,837

Consolidation Coal Company.—The stockholders have elected
following officers and directors for 1877—71,689 shares being
represented:
President—Charles F. Mayer.
Directors—Wm. Whitewright, George B. Warren, Jr., David
W. Bishop, Wm. F. Burns, Robert Garrett,
Galloway Cheston,
John Gregg, Wm. F. Frick, Wm.
Donnell, Dbcatur H. Miller.
Mr. Henry A. Mott drew attention to the
followibg paragraph
in the annual report of the
company for 1876 :
The company also holds, as a cash
asset, $100,000 of the first
mortgage bonds of the Cumberland & Pennsylvania Railroad, re¬
deemed in 1875 by the payment of $93,600 in cash from
earnings,
being the final instalment for the purchase cf the George's Creek
the

“

Railroad.”

He insisted that the
mortgage to the extent of the $100,000
had merged in the fee since obtained
by the company, and ought
to be canceled for issue.

$200,000 have prior liens over mortgage bonds. There is
Mr. Campbell replied that he differed with Mr.
Mott, and held
also a claim pending in court in favor of Perez J.
that
the disposition made of the bonds was
Avery for
judicious and proper.
$328,327. From the above statement of the liabilities and assets They could be used as
any other asset of the company, and if the
of the Atlantic & Gulf Railroad
Company, it will be seen the roid directors saw fit, could even be re-sold.
is seriously embarrassed, and as an extension
is, under the cir
Delaware Lackawanna & Western.—The annual election
cumstances, unadvisable, your committee, therefore, respectfully for
officers of this company was held on the 20th, when
recommend :
260,000
shares, were voted, with the following result:—For President,
That the road and its appurtenances be sold as soon as
practi¬ Samuel Sloan; for Secretary, Andrew J. Odell; for
cable.
Treasurer,
Fred’k H. Gibbens; for Managers, William E.
That a committee of three be
Dodge,
Moses
appointed by the chairman of this Taylor,
George Bulkley, John I. Blair, Simeon B. Chittenden,
meeting to confer with the bondholders in New York to secure John
Brisbin, George Bliss, Percy R. Pyne, William Walter
concert of action, and that all holders of sectional and
consoli¬
Phelps, James Blair, Wilson G. Hunt, Marcellus Massey, Alfred
dated bonds at once
register them with the chairman of said L. Dennis,
Benjamin G. Clarke.
committee.
The following brief statement was the
The following resolutions
only report submitted:
were, after debate, adopted by the Net
from
all
sources.:
earnings
$4,001,861
meeting :
Less interest on all bonds and rentals on all
some

.

Resolved, That the chair appoint

a

committee of five to confer at

once

the bondholders of New York, with tne
view to agreeing upon some suitable
person as associate trustee with M. K. Jesup, and that
they report
action
to an

their

adjourned meeting of this body for confirmation.

Resolved, That the said committee be authorized to c ill a meeting of the
bondholders whenever in their judgment it may seem advisable.

Chicago Clinton & Dubuque—Chicago Dubuque & Minne
SOta.—A telegram to the Inter Ocean says that a conference was
held in Dubuque, Feb. 20, between J. F.
Joy, representing the

Boston bondholders of the river roads, and
Graves, Rliomberg,
and others, representing the stockholders, and an
amicable
arrangement was entered into by which the roads will, on the 1st
of March next, be turned over to the
management of the latter
by the present receiver.

Chicago Rock Island & Pacific.—A correspondent of
Chicago Tribune writes from Des Moines, la., Feb. 14, that

the
this

company has made returns to the Executive Council of Iowa,
which show the following :
The number of miles of track in this State,
including the Iowa
Southern & Missouri Northern (formerly
Chicago

Southwestern),,

operated by the C. R. I. & P. is

Mainline
S. I. & M. S. branch
......

Washington branch

.*!.!!*!!.*.*!
[[[[

,

Oskaloosa branch
Winterset & Iudianola branch
Side tracks

Total...

The gross

State

313
1*9
50

47
^8
82

,

676

earnings of the main line and

all

branches in the

were:

Passengers

*1,101,947
2,23 5,72 J

.

£reiKht
5KI>re88
Mail.

51,500

Miscellaneous
..

’‘

'*’

Total.....

Operating

expenses

Repairs

Total

$1,285,911
.

leased lines

with

pj cg5

25*419

$3,509,572

Balance net income

The

following is the condensed
January 1,1877:

$721,824
statement of the company lor

Capital stock
Funded debt—
Convertible mortgage bonds
Convertible bonds
Lack. & Bloom, bonds (assumed)

3,280,036

$26,200,000
$1.633 000
60P,(KO

537,100—2,820,100

All other liabilities, including interest and
rentals on leased lines up to Jan. 1, 1-177
$4,281,555
Less cash on hand, bil s and accounts receiv¬
able, coal on hand at cost, cash advanced on
coal to be received’.
3,401,240

Balance liabilities

Surplus reserved

880,315
5,213,437

$35,113,853

To represent the above the Corrpany owns 195 miles of
main line of railroad, of which more than 107 miles is
double track, being a total of 302 miles cf main track,
195 miles of which is laid with steel rails. In addition
thereto it owns over SO miles of lateral railroads, 153
locomotives, 15,8 >9 cars; machine and car shops, with
machinery fed fixtures; 15,000 acres of selected coal
lands in fee—upon which the improvements cost over
$3,000.000—with a capacity to produce 4.000,000 tons

annually.

The Company also holds under lease at low
rentals over 4,090 acres of coal lands
$29,118,248
Real estate in the cities of New York, Rochester, Buffalo
and

Chicago

Stocks and bonds, present market value
Material on hand at cost

335,535
4,383,837
1,209,650

Barges and equipment
66,561-35,113,855
Mr. Sloan, the president, asserts that the 15,000 acres of coal
lands are worth at least $1,000 per acre, making $15,000,000.
The royalty of the leased lands is very low, and the real estate in
cities is valuable and fully worth the estimated amount. The
stocks and bonds embraced in the assets are placed at the present
market value, and due allowance is made in all the items for

shrinkage.

.

1,120,395

Galveston Harrisburg & San Antonio.—This railroad is com«*
pleted, and the first train left Galveston for San Antonio on Feb¬

2,405,307

ruary

19.
Georgia—Macon & Brunswick Railroad.—Atlanta (Ga.)
$1,103,265
Number of passengers carried one mile in Iowa on the
main correspondence, 15th inst., of the Augusta Chronicle, says: “The
line and branches. 37.722,503; number carried on entire
Governor sent in a message in reference to the Macon & Bruns¬
continu
ous line in other
wick Railroad, accompanied by proposals to lease and buy the
States, 31,961,531, or a total of 69,G84,084.
The number cof tons of
freight carried one mile in Iowa was road. The parties offer to lease the road for twenty years, the
133,523,081 ; in other States, 316,281,552, or a total of 449,814.633. first year to pay a reutal of sixty thousand dollars, and each sub¬
Of the expenditures on the road in
Iowa, exclusive of the Iowa sequent year to increase the rental until the amount reaches
Southern & Missouri Northern
branch, there was, to improve the ninety thousand dollars on fifth year after the lease is obtained,
road:
and for the remaining time to pay $90,000 per year.
Mr. HazleRoadbed
hurst, the former president of the road, and his associates, com*
;
....$309,0'5
Jfewcars.184.309 posed of New York men, propose to purchase the road from the
New engines
13^,255 State for $900,000, to be paid in yearly instalments, with interest
Steel rails
207,829 at 6 per cent. They also propose to surrender to the State
Total
$839,409 $500,000 of the supplemental bonds, being nearly all of the issue,
The total miles of road operated
except those in the hands of Messrs. Bcanch & Herring. The
by the Company is 1,024.
The total
message and proposals were referred to the Finance Committee.?
earnings of the whole road and branches were:
Passengers
Indianapolis Cincinnati & Lafayette.—M. E. Ingalls, receiver
$?,049.033
of this railroad, in his annual report for the year ending Decem¬
gr0Jght
5,321,255
®xPre88
109,989
ber 31,1876, gives tlie earnings at $1,461,258;
Mail...
operating expenses;
167,197
Miscellaneous
188jl95 $761,247; leaving the net earnings $700,011 The company has
paid all the back pay-rolls. The $1,000,000 of Cincinnati & Indi¬
Total
$*,835,669 anapolis bonds, due January 1, have been extended fifteen years,
To total expenses of the whole road and branches were :
Ope¬ and the receiver recommends that arrangements should be made
rating expenses, $2,175,179 ; repairs, $1,998,980 ; total, $4,174,160. for paying the interest on the equipment bonds of $423,000, which
Net earnings of the entire road, exclusive of
taxes, $3,661,509 29. are a first lien upon a large part of the equipment of the com¬
A comparative
showing of the gross earnings of the three pany. The road-bed and equipment are in good order, especially
divisions of the road gives the following result :
the tracks.
Net earnings




& l) e

COTTON.

€ o m in c r c i a I $ i m e g.

Friday, P. M, Feb. 23, 1877.

Friday Night,

Revival of trade continues to

February 23,

make but slow progress.

1877.

Domestic

much irritation, and some uneasiness, while
conflicting that no action can be
safely based upon them. The weather has been good, and prog¬
ress has been
made in reopening inland navigation at the
North. Speculation in staples of domestic produce is almost
uniformly towards lower prices, attended by some important

politics have caused

from Europe are so

failures at Chicago,
"Weakness in the

with monetary disturbance at

foreign markets has been a

total receipts have reached 88,068
bales last week, 140,000 bales the previous
week,and 138,374 bales three weeks since, making the total receipts
since the 1st of September, 1876, 3,495.992 bales, against 3,404,927
bales for tbe same period of 1875-6, showing an increase since
Sept. 1, 1876, of 91,035 bales. The details of the receipts for
this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows :

Montreal.

conspicuously

depressing influence.
The market for provisions has been quite excited during the past
week.
Fork has ruled lower, mess jobbing pretty freely at
f 15 75@$1G, closing to-day more active at the higher figure.
Sales for future delivery have also been made jt lower prices,
but the close

to-day was much

steadier, with buyers at $15 90

Lard declined sharply, but the lower
demand, at $10 50 for prime Western
on the spot and for March, $10
02£@$10 72£ for April, and
$10 72J@$10 80 for May.
Bacon and cut meats were more
steadily held at the recent decline, but quiet. Beef and beef
hams are dull.
Tallow quoted at 7|c.@8c. Cheese was active
and closed firmer at 10c.(a)16c. for State factories. Butter also
April and $16 for May.
prices brought out a better

for

Bteadifer.

Comparative statement of winter hog packing in the West,
17, inclusive, for four crop seasons :

November 1 to February

1876-7.

1875-6.

1871-5.

No.

No.

No.

No.

3.L0.926
1,618.854

3.036,08 1
1,574,521

3,330,817
1,970,752

3,332,302
2,053,671

Grand total

4,739,780

4,610,603

5,310,569

5,335,973

5,466.200
Per cent to Feb. 17
9L47
95 46
98 53
The market has been quiet for Kentucky tobacco, tbe sales of
the week aggregating only 400 lihds., of which 300 were for
export and 100 for consumption. Prices are barely steady; lugs
quoted at 5@7^c., and leaf 8@15c. In seed leaf tbe business has
been more active, and sales for the week aggregate l,Gll cases,
including 400 cases sundries, 5@30c.; 208 cases New England,
crop 1875, at 9£. 15, 18, 25, 35 and 42c.; G14 cases Pennsylvania,
crop 1875, at 7, 9£, 17f, 19, 25, 27^c.; 185 cases New York, crop
1875, at 8c.; 50 cases Ohio, crop 1875, on private terms; and 144
cases Wisconsin, crop of ’73, ’74, ’75, at 4@9c.
Spanish tobacco
is in moderate request, with sales of 700 bales Havana at 80c.@
4,880,135

$1 10.

bales, against 120,720

Receipts this week at—

Mobile

Charleston
Port

5,566,226

In coffees only a moderate trade lias been done, but holders
retain steady prices ; Rio to-day quoted at 17^@22c*., gold, with
sales of 4,475 bags at private figures. Stocks, Feb. 21st, of

39,683
5,915
5,516

53,425
9,995
4,320

296

466

7,314
15,999

6,732

,

55,673
8,007

37,513
7,009

5,511

4,754

9,192

8,204

9.311

3,610
6,oia

j-

5,578

8,475

7,105

18,<04
10,471

68

162

152

1,464

13,146

14,237

4,921

6,903

6,317

368

217

210

4^0

176

95 &

2,213
8,444

3,316
8,751

3,123
7,522

1,732
11,232

2.016
9,171

1,635
6,697

982

€84

427

453

124

611

88,068

1C9.676

107,334

105,528

77,037

Galveston....:

Florida
North Carolina

Norfolk

City Point, &c

78,C75 j

r

f

1.... 3,495,992 3,404,927 2,914,258 ;3,050,566 2,715,815 2,166,957

Total since Sept.

The exports

32,872

6,539

4,575
6,862

Savannah

Total this week

28,48t

1,082
13,751

Royal, &c

Indianola, &c
Tennessee, &c

-

18,2.

1873.

1874.

18*5.

1876.

1877.

New Orleans

total of
to

for the week ending this evening reach a

78,505 bales, of which 58,803 were to Great Britain, 8,203
France, and 11,499 to rest of the Continent, while the stocks
made up this evening
stocks and exports for
week of last season:

as
873,456 bales. Below are the
the week, and also for the corresponding
are now

Exported to

1873-4.

Total, 6 points
Estimated, all other

Season’s packing.

Crop, as indicated by our telegrams
given below. For the week ending

The Movement of the
from the South to-night, is
this evening (Feb. 23), the

COMMERCIAL EPITOME.

accounts

[February 24, It 77

CHRONICLE.

THE

182

Week ending
Feb. 23.

Great

Britain.
New Orleans*

24,852

Mobile

3,851
2,910

Savannah
New York

ports$

Total this week..
Total since
*

.

5S,803

•

•

•

•

•

-

•

•

•

•

•

•

•

•

Same

this

week

week.

1876.

5,754

11,499

78,505

96,546 873,456 853,076

•

•

....

•

5.78S
4,431
7,171
5,224
10,694

1,937

•

•

•

....

8,203

•

•

•

•

•

•

•

•

•

•

•

•

•

Sept. 1 1,563,628 328,407 278,958 2,170,993 2.097,258

Aeto Orleans.—our telegram

above expons)
that
is

port

as

1876.

1,643

•

•

1877.

43,019 312,437 880,121
12,747 69,136 68,494
9,338 44,781 44,841
10,124 49,578 6(5,907
10,537 78,277 60,161
8,622 278,852 169,633
5,345 16,919
2,159 40,000 46,000

39,453

7,919

>

10,684
4,111

Norfolk

nent.

1,521

7,171
5,224

Galvestont

Conti¬

6,682

....

Charleston

Other

France

Stock.

Total

lo-mgtii from New

....

r

....

Orleans snows that (besides

engaged for shipment at
follows: For Liverpool, 41,000 hales; for Havre, 30,250 bales; for

the amount of cotton on shipboard and

Continent, 12.500 bales; for coastwise ports, 1,750 bales; which, if deducted from
the stock, would leave *27,000 bales, representing the quantity at the landing and In
presses unsold or aw utimr orders.
t Galveston*—Our Galveston telegram shows (besides above exports') on ship¬
board at tint port, not cleared: For Liverpool, 8,970 hales; for 'other foreign,
988

coastwise ports, 2,256 bales; which, if deducted from

biles; for

the stock,

would leave remaining 61,033 bales.
t The exports this week under the head of “other ports” include from
more, 313 bales to Bremen; from Boston, 2,137 biles to Liverpool: front Bruns¬
wick, 1,629 bale! to Liver, ool; from Wilmington, 1,330 bales to the Continent.

Balti¬

56,305 bags Rio at all ports, of which 16,453 were here ; sup¬
From the foregoing statement it will be seen that, compared
plies other than Rio, 6.087 bags and 16,200 mats ; Maracaibo
quoted at 18i@20c., and Java 22@24c., both gold. Molasses has with the corresponding week of Iasi season, there is a decrease
been quiet, but unchanged; Porto Rico, 40@55c., and New
in the exports this week of 18 041 bales, while the stocks to-night
Orleans, 40@58c. Rice steady, with a good jobbing trade at 4£@ are 20,380 bales more than they were at this time a year ago.
6fc. for domestic ; Rangoon, in bond, 3£c., gold. Raw sugars The following is our usual table showing the movement of cotton
have continued quiet but steady at 9§(rt)9gc. for fair to good
at all the ports from Sept. 1 to Feb. 16, the latest mail dates:
refining Cuba; Centrifugal, 9J@10fc.; refined more active and
RECEIPTS
EXPORTED SINCE SEI’T. 1 TO—
Coastfirmer, at ll^(gli£c. for crushed, and ll^@ll^c. forstandard “A.”
SINCE SEPT. 1.
Stcck
wise
PORTS.
Other
Great
Foreign fruits quiet and easy for dried; layer raisins per box,
Total. Pores.
France
forei’n
Britain
1875.
1876.
v$l 70@1 75; ^currants, 0£@0£c.; Turkish prunep, G^c.
In ocean freights a moderately fair movement has been effected,
892 443,524 222,640 89,159 755,623 91.635 316,568
particularly in charter room, vessels adapted to the petroleum N. Orleans. 931,163 1,059
65,720
306,683
101,075 14,406 34,304 152.785 11l.lr7
25,337
Mobile
interests ; all rates have declined, and during a greater part of
46,997
89,251
281,694
60,496
181,213
39,935
361,696
431,9:2
the time were decidedly irregular.
Late engagements and Charlest’n *
50,822
103,830
.charters include—Grain to Liverpool, by steam, 4|d.(34^d;; cot¬ Savannah.. 433,402 465,774 193,11? 13,165 28,555 239,838
187.353
77,822
203,448
22,417
ton, ^d.; provisions, 27s. 6J.(o;3os.; grain to London, by steam, Galveston*. 460,327 400,032 158,781 22,259
231,411
5,144 13,160 244,720
226,416
135,730
104,420
New
York..
cheese,
35s.;
grain
to
Glasgow,
steam.
44d.;
to
Afd;
by
do.
18,603
11,037
18,603
Bristol, by steam, 6^d.; do. to Cork, for orders, 4s 9d. perqr.; Florida
5,098
1,011
9,276 31,597 75.010
21,310
80,409
reined petroleum to London, 3s. Gd., do. to Bremen, 3s.@3s. 3d.; N. Carolina 111,€05
19,€00
353,601
100.68S
97,865
1,602 1,221
470,533 399,957
do. to Belfast, 4s. 6d.; cases to Bey rout, 37c. gold ; residuum, etc., Norfolk*
27,500
62,095
8,571
io Liverpool, 4s.; naphtha to London, 4s. 9J.
To-day, rates were Other ports 90,511 72,931 73,521
again easier, with business moderate ; leather to Liverpool, by Tot. this
1504,825 329, -204 267,459 2092,488 103", 576 891,84#
yr. 3,407,924
e?eatn,>10s.: provisions, 25s.@35s ; grain to London, by steam, at
3,295,251 1283,883 271.9r9i439,8:0'29T0,7l2 959,379 865,om
A|d ; do, to Hull, by steam, 5|d.; do. to Glasgow, by steam, 4d.; Tot. last yr.
barley .to Hamburg, at 5s. 6d. per qr.; refined petroleum, in cases,
Under the head of Charleston is included Port Royal, &c.; under the head of
Galveston is included Indianoia.&c.; under the head of Norfolk is included City
to Java, at>35c. gold ; do., in bbls., from Philadelphia to Cork, 1 or
Point, &c.
orders, Ae.&d.
.
These mail returns do not correspond precisely with the total of
Naval qtore,s have been very quiet, but close steady at 41c. for
the telegraphic figures, because in preparing them it is always
apirit.p tui-pe.ntine, and $2(aj2 10 for common to good strained
rosiD. Petroleujn has dtcidedly declined, and yet nothing is necessary to incorporate every correction made at the ports.
The market for cotton on the spot has continued dull, and
goiDg on. .Crude, in bulk, lO^c., and refined, in bbls., 15|c.
ingot copper isqpiet at 19v§19£c.; sales 100.000 lbs. at this price. prices more or less nominal throughout the past week. The
In s.teel rails there Lave been transactions covering 30,000 tons course of gold and exchange was unfavorable to shippers, and
There is also some reaction
delivered here on p^krate terms; quoted at tbe mills at $50. home spinners operated sparingly.
Hides were slightly ,mo&2 active to-day; the sales being 5,900 in cotton goods, and a portion of the recent advance is lost.
of the Wamsutta Mills have struck, and the works
dry Buenoa jfiyree, 9Q0
.seconds, 3,000 dry and dry saited Operatives
are closed.
There are labor troubles in other cotton mills, but
Texas, 2,500 dry Texas ^ipie.
1,000 dry California, at private not
of much importance. Liverpool advices Lave, however, been
prices. Clover seed has rpje$ $;ill at 15@16c. Whiskey has
generally unfavorable, and the influence of this is increased on
Advanced to $1 12, tax paid.




c

....

.

.

•

....

.

.

...»

.

..

....

.

*

,

...

...

The
fluctuations in prices were a reduction of 1-lCc. on Monday to
l££c. for middling uplands, which was recovered on Tuesday.
To-day, there was a complete break-down, and quotations were
reduced 5 16c. to 12|c. for middling uplands. Fo rfuture delivery
the market was almost unprecedentedly active. The sales exceed
in aggregate those of any previous week of which we have any
record. Receipts at the ports diminished materially, and there
was some falling off in the arrivals at the interior towns—notably
Memphis—but on Monday such had been the shrinkage of prices
that many operators for a rise, who had neglected to keep mar¬
gins good, were sold out, and prices declined sharply, to be
partially recovered towards the close. Tuesday opened buoyant,
but the early advance was not fully maintained ; and on Wed¬
nesday, after a buoyant opening, prices dropped 3 16c. from the
highest figures, in sympathy with the closing of the Liverpool
market, which was understood to be depressed by the unfavor¬
able course of Indian exchanges.
The state of the weather has
been generally favorable to planting operations.
Political affairs
are less disquieting on both sides of the Atlantic.
To-day, under
unfavorable foreign advices and liberal receipts at New Orleans
and Memphis, prices fell off 3 16@£c., with free sales and some
account of the

great concentration of stocks at this port.

excitement.
The total sales for forward

delivery for the week are 431,400
free onboard. For immediate delivery the
total sales foot up this week 1,943 bales, including 100 for ex¬
for speculation, and
port, 1,848 for consumption,
in
transit.
Of the above,
bales were to arrive. The following
tables show the official quotations and sabs for each day of the
past week:
bales, including

ALABAMA.

UPLANDS.
New Classification.

Sat.

Ordinary
..$1 lb.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Mit’dl’g

12
12
12
Good Middling
!3
Strict Good Middl’g 13
13
Middling Fair
Fair.
14

Middling

ii
11
11
12

11 1-16
11 7-.6

11%
11% 11 13 16 'l%
12 1-16 12%
12 5-16
’2%

F%
u%
11%
12%

,

TEXAS.

N. ORLEANS.

5-16
9-16
2%
i3-: 6 12*
1-16 !3
5-16 '3%
11-16 13%
7 16
4%

12
12
3
!3
13
14

1-16
7-16
13-16
1-16

12

12%
.2 7-16
12 11-16
12 !5-’6
io 3-16
13 7-16
13 13- 6
14 9-'6

2%
i2%
12%

9 16
13 16
1-16
E—16
11-16
7—16

11
l!
11
12

11%
’•1%

13

!3%
>3%
!4%

3-16
9-16
15-16
3-16

11%
11%

ll 3-!6
1 9-16

12

It 5-16
12 S-:6

12%
12 7-16
2 11-16
2 15-16
13 3-16
13 7- 6
13 13-16
!4 9- 6

12%
12%
12%
13%
13%
13%
14%

12%
12%
12%
13%
13%
13%
14

Strict Low Middl’g 2 9-16 12
12 18- 6 !2
Middling
Good Mldd ing
13 1-16 13

Strict Good Middl’g 13 5-16 13
Midd ing Fair
13 11-16 13
Fair

14 7-16

14

Th.
•

$ ft.
Strict Ordinary
Good Ordinary.
Strict Good Ord’rv.
Low Middling
Strict Low Middl’g

*
.

.

'

•

CJ

Middling
Good Middling
Strict Good Middl’tr
Middling Fair
Fair

U%

11%

2
2H
2 5-16 12 7-16
i2 5-'. 6
2 11-16
9-!b 12 9-16 12 9-16
13 16 12 13-16 & 13—15 .2 15-16
13
1-16 '3 3-16
1-16
3 1-.6
3 5-16 13 7-16
5-’.6
3 5-16
11-16 13 11-16 13 1-16 3 13-16
7-16 A 7-16 14 7-16 14 9- 6
•

12%

Til.

Fri.

11%
l’%

12

12

12

:2%

12%

12%

2 7-16
12 7-!6 12 7-'6
12 Il-IG 12 11-16 12 11-16

14 9- 6

Th.

Fri.

10 13-16
11 3-16
A 9-16
ll 13-16
12

10 13-16
11 3-16
11 9-16
II 13-16
12

:
*

•

,

08

2

12%

2

o

12 H

o

x

12%

X

:

13%
!4%

3

*
.

1
•

12%
12%

^

12%

X

o

13
*

13%
14%

•

Th.

Fri.

15-16
3-16
7-16
13-16

Fri.

Feb.23. Feb.22. Fcb.23.
0 15-16
*

*

ll 5-16
ll 11-16
It 15-16
1 %

;
•

12%
12%
12%
12%
13%
13%

C3

12
13
13
13

■4 13-16 14 *-'6

10 15-16
11 5-16
11 11-16
11 15-16

:

11%
H%

12 15-16 2 :5-16
13 3-16
•3 3- 6
13 7-16
3 7-16
13 ’3- 6 13 9-16

<a

2
o

12%
12%
12%
13%

J

X

Th.

Fri.

Feb.17- Feb.i9. Feb.20. Feb 21. Feb.22
Good Ordinary
Strict Good Ordinary
Low

Middling
Middling

l!

11-16

2 8-:6

12%

10 7-16
11 1-16

Holi¬

%
l U-16 1 11-'6
12 3-16 12 3-16

11%

Feb.23.

0Y

10 ’.1-16 10Y
ll 5-16
l'%

10Y
H%

:

day.

11%
U%

MARKET AND SALES.
SALKS OF

Closed.

port.
Saturday

..

Monday
Tuesday

Dull, unchanged.

.

Quieter

ioo

FUTURES.

Tran¬
Total.
sit.

Spec¬

sump. ulate

Quiet

Wednesday Dull, unchanged..
Thursday..
Friday
Quiet, lower

SPOT AND TRANSIT.

Con-

Ex¬

180
4‘>8
76
142

181
408
761
242

w ashing ton’s
3'2

B irth

Deliv¬
eries

Sales.

'

day-H

500
600
700
500

64,500
100,000
86,500
66,800

olidav..

2,700

13 15-32
78%

100
500

13 17-32
13 9-16

352

113,600

"loo

1.813

....

1,913

431,100

2,7e0

For forward delivery the sales (including
free on board),
have reached during the woek 431 400 bales (all middling or on
’the basis of middling), and the following is a statement of the
sales and prices:
bales.

3,W3.
—

too..
12 11-34
J00 e.n 2: St. 12 13—3 ’
12 U
ft w..
12 li-32
100..
100..
12 21-32
'300..

55,40) total March.
For

4,400.
4.900.
6.700.

7,500.
2.500.
7' 0.
2*4).
300

For March.
12 5-16
7,200..
1,4' 0 ..-...,12 11-82

11.600.

.

6,8 X)..
2,400..
soe..

12 13-32
12 7-16
12 15-32
12 9-16
12 19-32

.

7,2 JO..
3,000..
800..
4,600..

8,200

.

9.809.
13.800.

12%

500..
*3100,.

4.0)0
4,000.
9,600.
21,400.
11.200.

12%
12 21-32
12 11-16
12 23-32
.




12Y

April.

600.

3 100 total Feb.

£ 500

cts.

6,3)0 .......12 2 -32

300..

„

7.900

1,700.

......

For

1,700

13%
13 5-16

3.3J0

13 11-32

12%

100

12 11-16

1,400

12 \

13%

800
100
210
500
800

12 25-32
12 13-16

....12 27-32
l’%
12 29-32

200

13 1-32

September.
12 13-16
13 3-32

300
200
100
300
100

2U0

13 19-32

25,1'JO total Ang.

For August.
5)0
13
50)
13 1-32
200
13 1-16
2.200
13 3-32

The

13%
13 17-22
13 9-16

409
490

22,700 total July.

3,400

13 15-32

3,000....'
4,5 U
1.300.

60)

490
399

1,6W total Nov.
For December.
200
12%
7 Oc
12 9-32
290
12 11-32
SOU
12 13 ffe
100
12 17-Si
100
12 9-76
200
....12%

3.500 total Oct.

13%

ct».
12 17-82
12 9-16
12 23-32

bales.

For October,
bales.
cts
100
12 17*32
100
12 9-16

70)

13%
For November.

13 9-32

200

1.090 total Sept.

.

.

during the week

been made

following exchanges have

ll-l5

lTaJO total Dec.

12%

.

12 9-32

10)

12

:

lo]

3-S2c.

pd. to exch 100 Ocs. for April.
%c. pi. to exch. 100 Oct. for May.

The following will show the closing market
future delivery, at the several dates named :

bu

p.*ii

or

MIDDLING UPLA.NDS—AMBBIOA.ir OLA8SIFIOATI)X

Fri.
Market cl:aci

Sat.

Easy,
lo

1

Aer.

12 9-15
12 Y
13
13 3-16
13 11-32
13 15-32
H 17-32

February
March

April
May..

awer.

12 17-32
12 11-16
12 15-16

September

13%

October
November..
December.
Gold
Exchange..

12 29-32
12 11-76
12 11-16

12%
12%
12%

105%
4.'2%

105 Y

July
august

..
...

..

The Visible

13
13
12
12
12

Supply

Tues.

Wed.

Easy,

Easy.

12%

lower.

12%

12 13-16
13
13 5-32
13 9-32
13 5-16
13 3-32
12 Y
12 17-32
12 17-32

13%
13 9-22
13 13-12
13 7-76
13 7-32
12 27-82
12 21-32

12%

R'3%
4.82%

Active,

1VLt

12 i1—76
12 13-16

7-16
3-16
13-32
19-32
19-32

Fri.

/burs.
-

lower.

higher.

9-16
21-32
29- 32
3-32

13%
13%

4.82%

follows.

as

12
12
12
13

13%
13 9-32
13 13-32
13 15-32
13 7-32

June

Mon.
F rm,
lower.

Irregu’ar,

12 5-15
12 9-16
12 Y

12%

X

12 31-J2
13 1-32
12 27-32

o

a

12%

«<i

12 #-32
12 *-32

105%

104%

103%

4.82

4.82

4.32

of Cotton, as made up by cable and
The continental stocks are the figures

Saturday, but the totals for Great Britain and the afloat
week’s returns, and consequently
brought down to Thursday evening; lienee, to make the totals the
complete figures for to night (Feb. 23), we add the item of export*
from the United States, including in it the exports of Friday
only: !
of last

for the Continent are-this

Total Great Britain stock
Stock at Havre
Stock at Marseilles
8tock at Barcelona
Stock
Stock
Stock
Stock
Stock
Stock

at Hamburg
at Bremen

..

at Amsterdam
at Rotterdam
at Antwerp
at other continental

.

8)8,000

37, *00

65,250

836,SCO
162,25)
3,500
59,000

903.250
5,259

9.500

57,000
20,000
42,500

68.000

37,750

66,COO
io.ko

43.SCO

46.000
12,5)0

23 500

.

10.590

16,750

66,900

6.759

12.000

6,000

14\25

10,750

13,500

12,000

26,000

379,500

413,000

330,709

354,750

1 .916,250

1,169.950

1,-273,500

131,009
542,000
53,000
853,076

223.000

124.973

119,609

169.090
509,000
84,000
871 580
134.021

10,000

12,000

15,000

3.060,299

2,055.839

3.056.081

12,000

338,000
165,000
509.000
871,560
164,021
15,000

2,219,049
791,250

2,010 889
911,050

1,033.500

3,060,299

2.955,8:9
7%d.

.baies.3,050,609

550,000

58,000
82),289

555,000

479,000

390,000

283.000

260 000

633,003
873,-456
98,653

542,000

146,000
550.000
823.269

853 076

602,000

Total visible supply.... bales 3,050,609
6%d.
Price Middling Uplands, Liverp’l.

119 60T

124,973
10,000

500

bales.2.448.609

Total American
Total East India, &c

839,250
128,500

222 505

4

Total European stocks
1,266,000
India cotton afloat for Enrope.... 129,000
American cotton afloat for Europe 6.3,000
Egypt, Brazil, &c.,afloatforE’rope 50,000
8tock in United States ports
873,455
Stock in U. S. interior ports
98.653
500
United States exports to-day......
Total visible supply..
American—

712.C09
127,250

918.750
133.000
11.000
33.590
20.000
37.500

13,000
47,750

ports..

Total continental ports.

1874.
723,000
195,750

1875.

1876.

819.000

6 3-16d.

2 032,581

3 056,081

7%<L

sight to-night
of 9,690 bales as compared with the same date of 1876, an
increase of 94,770 bales as compared with the corresponding
date
of 1875, and a decrease of 5,472 bales as compared
indicate a decrease in the cotton in

with 1874.
At the Interior Ports the
and shipments for the week

movement—that is the receipts

and stock to-night, and for the
corresponding week of 1875—is set out in detail in the following
statement:

ending Feb. 2\ 1877. Weekending Feb. 25, 1876.
Receipts. Shipments. Stock. Receipts. Shipments. 1 Stock.
Week

100

For February.
bales.
cts.
-20) s.n. 24th..12 3 16

700

13 13 32
13 7-16

4,7')0...
3,100

These figures

Spot Market

13%

Liverpool stock

STAINED.

Sat. mon. Tues Wed.

cts.

3,900

Continental stocks
American afloat to Europe
United States stock
United States interior stocks
United States exports co-day

13%
14%

*

4%

b lies.

13%

1877.

<

11%
11%

Feb.22. Feb.23. Feb.22

Feb.2L Feb.23

Ordinary

11%
11%
U%

'•1%
11%
11%
12%

...

eti

roj
ICO

Stock at Liverpool
8tock at London

Tues Wed. Tue* Wed Tues'Wed. Tues Wed.
Feb.20 Feb.2l Feb.20 Feb .21. Feb.20 FebJ2u Feb.20 Feb.il.
11%
$ lb. !1%
Ordinary
Strict Ordinary.
Good Ordinary
11%
11%
Strict Good Ord’ry. 12%
12%
Low Middling....
12 5 16 12 5-16

ba’ea.

telegraph, is

Sat. mon.
Sat. mon. Sat. mon
Feb. ,7. Feb. 19. Feb i7. Feb. 9.|Feb. *7. Feb.i9.

Mon.

Feb. 17. Feb.19

183

THE CHRONICLE

February 24; lb77.]

12 17-32
12 9-15
12 19-32

12%
12 21-32
12 11-16
12 23-32
12 X
12 25 32
12 l3-;6
12 27-32

T2%
12 29-52
12 15-16
12 31-32
13
13 1-32
13 1-16
1.1 3-32

122.800 total April.

For May.
bales.

bales.

cts.

ct«.

5.4"0

.12 31-32

1.100.... ....12 23-32
12 V
4,3 '0
4,;oo... ....12 25 82
12 316
7.100...
...12 27-32
5.300
3,OK)
12%

1,600
2.'00
4.600
7,100
4,600
4,000

..13 5-32
..13 3-16

....12 2?-32

200

..13 9-82

13 1-32
13 i-l€
13 3- 32

7,800
11,300
7,900
2,500

13%

200

...

...

3(H)

...

13,800....
18.600....
8,300....
4,200....
2.300....
12,500....
21,10)....
15,8)0....
5,600....
2,100

....

....13%

.1311-32

13%
.13 13-32
13 7-76
.

1:3 5-3 i
...

.13 3 16

65,400 total June.

13 7-32

13%
13 9-vii

..

130,500 total May.
For June.
...12 27-32
101.
..

1,9*10....
12%
1,300.... ....12 <9 32
.U 15-16
•MC0...
..

For July.
500
.12 15-16
800
.12 31-32
5U0
13
7i0
..13 1-32
2.600
.13 1—IS
600
....13%
‘00
..13 9-82
..13 5-16
1,500

2,723

2,346

12,348

1,88

2,703

14,427

833
4 1
361
286

P21

9,526

451

1,146

5-;b

455
546

*5,'M2
5,679
3,6-6

525
609

631
714

1,505

Memphis, Tenn
Nashville, Tenn...

10,149
1,222

6,019

54.258

14,770

715

8,094

1,4 3

1,8-4)
10,826
1,497

10,500
7,276
9,107
7,481
68,513
7,669

Total, old ports

15 985

11,568

98,653

21,ld

19,377

124,973

Augusta, Ga
Columbus, Ga
Macon, Ga

Montgomery, Ala
Selma, Ala.

Dallas, Texas
Jefferson, Tex. ....
Shreveport, La
Vicksburg, Miss....
Columbus, Miss....
Eufaula, Ala.(«$£.)..
Griffin, Ga.
Atlanta, Ga..

Rome, Ga

)3 11-32

3 >3

85

453

136

262

943

1,471
4,043
4,746

1,334
5,763
4,789

7,675
3,751

1,076
3,670
5,400

1,011
4,064
8,529

264
470
183

2,154

6,295
8,294
5,641
1.910
3,123
1,205

1,198

2,974

5),8

388

812

1.221

1,059
524

759

27,$16
12,605

202
150
69
685
381
6^4

3,467
2,510
800

181
174
83

445
474
152

3,878
1,696

216

984

5.806

a’,)52

7,660

7,W1Q

ir.35,1

3,049

9.55*
2.216

21,973

74,82-5

23,008

28,676

73 590

40,93$

40,103 173,478

44,169

43,053

196,56^

4,97')
7,J89

Total, new porta
Total, all
*

-

329
691

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

.

5,900.

..

Actud count, showipj* a

f^lligg off fr

the running count of *,054.

The above

totals show that the old

interior stocks

have

during the week 2,363 bales, and are to-night 26,320
same period last year.
The receipts at the
towns have been 5,176 bales less than the same week last

increased

bales less than at the
same

The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
Feb. 22.
We give last year’s figures (Feb. 24, 1876,) for comparison.

high-water mark...

New Orleans. .Below

year.

Telegraph.—There has been rain
in some sections of the south the past week, but nowhere
«ufficient to materially interfere with
farm work. Good
progress in the preparations for the next crop is being made, and
an early start is anticipated, especially in
the southwestern
Weather Reports by

section.

week has reached fifty-

Galveston, Texas.—The rainfall this

eight hundredths of an inch, a sprinkle on one day. The rest of
the week has been pleasant.
The thermometer has averaged 54,
the highest being 65, and the lowest 46. Farm work is active.
There is much grasshopper talk in the up-country, but no serious
damage has been done yet.
Indianola, Texas.—We have had rain on one day this week, a
heavy mist, the rainfall reaching only three hundredths of an
inch. The thermometer lias averaged 58, the extremes being 47
and 70.
Plowing is progressing.
.Corsicana, Texas.—The days have been warm, but the nights
have been cold, during the week.
There has been no rainfall.
The thermometer has ranged from 37 to 72, averaging 49.
Young grasshoppers have appeared in thousands, but no serious
damage has been done.
Dallas, Texas.—There has been no rain here all the week. We
have had one killing frost. The thermometer has averaged 47,
the highest being 6G, and the lowest 30.
Farmers are busy.
Swarms of young grasshoppers have hatched out, and although
no serious damage has yet been done, there is much apprehen¬
sion.

New Orleans, Louisiana.—It has rained on one

day this week,

reaching forty hundredths of an inch. The tli ermometer has averaged 49.
Shreveport, Louisiana.—The weather during the week has been
favorable, and work is progressing satisfactorily.
An early
season is anticipated.
Average thermometer 51, highest 70 and

the rainfall

.Above low-water mark....
Nashville.... .Abovelow-water mark
Shreveport. .Above low-water mark....
Vicksburg... .Above low-water mark

Memphis..

..

Vicksburg, Mississippi.—No weather report received from
Vicksburg. Receipts are falling off rapidly, and will continue
to do so during the remainder of the season.
Columbus, Mississippi.—The weather the earlier part of the
week was cool and clear, but the latter part cold and cloudy, with
showers. The rainfall is fifty-three hundredths of an inch.
Little Rock, Arkansas.—The weather, this week, has been

spring-like until Thursday, when it became cloudy, with light
Average thermometer 55, highest 85 and lowest 26. The

rain.

days this week, and it

cloudy and threatening rain.
Madison, Florida.—It lias rained on one day this week, the
rainfall reaching fifty-five hundredths of an inch. The ther¬
mometer has averaged 52, the highest being 60 and the lowest
is

now

44.

Macon, Georgia.—We have

had rain

The thermometer has ranged from

Atlanta, Georgia.—We have
and

sleet

on

hundredths of

on one

day of this week.

30 to 70, averaging 43.

had

a

hard shower

on one

day

day, the rainfall reaching twenty-eight
inch. The thermometer has ranged from 30 to

one
an

62, averaging 46.
Columbus, Georgia.—(Our Columbus telegram is so mixed we
cannot understand it.)
Savannah, Georgia.—We have
the weather has been

pleasant.

had no rainfall this week and
The thermometer has averaged

50, the highest being 68 and the lowest 35.
Augusta, Georgia.—We had light rain on one day the earlier
part of the week, but the latter portion has been clear and pleas¬
ant; the rainfall amounted to thirteen hundredths of an inch.
Average thermometer during the week, 48; highest 68; lowest 32.
Charleston, South Carolina.—It has been showery one day this
week, the rainfall reaching ninety-one hundredths of an inch.
The thermometer has averaged 50, the highest being 64 and the

'

pwesfc8&




7

1

MONTHLY MOVEMENT OF CHOP.

Year

Monthly Receipts.

leginning September 1.

1876.

1875.

1874.

1873.,

September

236,868

October

615,260
901,392
787,769

169,077
610,316
740,116
821,177

134,376
536,968
676,295
759,036

115,255
355,323
576,1073
811,668

November
December

February
March

April 1

82,073
329,449
461,509
520,274

3,921,275 3,319,082 3,549,894 3,244,013 2,576,205
77,867
12?js46 173,693
81,780
92,600

May 1

May

4,013,875 3,400,862 3,677,240 3,417,736 2,654,072
39,686
56,010
59,501
72,602
42,231

Total to June 1....
June

Total to

184,744
444,003
530,153
521,975

3,757,682 3,185,434 3,375,908 3,025,164 2,440.228
135,977
173,986
133,598
118,879
163J93

ft

April
Total to

1871.

3,457,554 2,931,051 3,043,*205 2,715,857 2.232,145
208,083
332,703
309,307
251,433
300,123

Total to March 1 /...

Total to

1872.

3,101,969 2,977,753 2,550,727 2,560,517 2,253,305 1,885,551
348,594
482,688
462,552
383,324
479,801

Total to Feb. 1..

'

■

2,601,289 2,340,686 2,106,675 1,858,349 1,633,875 1,393,305
492,246
702,168
569,430
444,052
637,067
500,680

Total to Jan. 1..

January

4,056,109 3,456,872 3,736,741 3,490,338 2,693,758
18,508
31,556
83,515
29,422
17,C61

July 1

July

1,085,531 3,473,936 3,768,597 3,573.853 2,710,266
14,808
46,467
23,394
13,524
33,626
.7,212
12,299
31,026
9,709
71,985

August
Corrections
Total to Sept. 1...

4,191,142 3,497,169 j 3,804,290 3,651,346 2,732,286

.

Southern consump..

4,191,142 3,497,169 3,804,290 3,651,346 2,732,286
205,339
237,572
141,500
122,065
333,146
130,483
128,526
137,662
120,000
145,000

Year’s total crop....

4,669,283 3,832.991 4,170,388 3,930,503 2,974,351

Year’s

port receipts.

Overland

Per cent of total port
5 5 *84

60 21

48-84

4611

50 99

11-05

72-93

67-30

61-71

69*01

82-49

83-89

19-99

74-38

81*69-

89-66

91.08

8874

82-85

89*81

93*56

94.90

93-31

88.84

94 28

95*77

97.24

96 66

93 60

97-10

96 77

98.84

98 22

95-59

98-59

receipts to Aug. 1.

97-48

99-33

99-06

97-87

9919

Per cent of total crop
to Jan.1

50*13

54-96

44-56

42-83

46 84

63-77

66*54

6139

57*32

63 42

74 04

76 54

75-37

69*09

75-04

80 47

83.10

8094

76.96

82-04

8398

8 6 59

85*12

82-53

86'61

85 96

8872

8S 17

86 95

89-23-

receipts to Jan. 1..
receipts to Feb. 1.
receipts to Mar. 1.

Selma, Alabama.—It has rained on two

....

-

Per cent of total port

lowest 32.

6
8
2

4

18
25

....

5
11
8

with

Nashville, Tennessee.—There lias been no rainfall here during
the week.
The thermometer has averaged 44, the highest being

Memphis, Tennessee.—We have had rain this week on one day,
reaching sixteen hundredths of an inch. The ther¬
mometer has ranged from 30 to 03, averaging 46.
Mobile, Alabama.—It has been showery one day this week,
but the rest of the week has been pleasant.
The thermometer
has averaged 50, the highest being 66, and the lowest 36. The
rainfall is twenty-six hundredths of an inch.
Montgomery, Alabama.—On two days this week it has rained,
the rainfall reaching seventy-five hundredths of an inch.
The
thermometer has averaged 50, the highest beiDg 68, and tne

....

In^b.

For
the

Per cent of total port

the rainfall

Feet.
4
82
11
20
42

....

Receipts and Crop.—We indicated very accurately last week
the falling off in receipts which our figures to-night record.
the purpose of helping our readers in their efforts to forecast
future movement, we have completed our monthly statement for
last year, and bring down this year’s figures to February 1,
the following result:

rainfall is ten hundredths of an inch.

62 and the lowest 25.

—Feb. 24, ’76.—,

r-Feb. 22. ’77-*
Inch.
Feet.
8
11
5
13

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

Total to August 1..

lowest 33.

“

[Februa-y 24, 1877.

THE CHRONICLE.

184

Per cent of total port

receipts to April 1.
Per cent of total port

receipts to May 1..
Per cent of total port
receipts to June 1.
Per cent of total port

receipts to July 1.
Per cent of total port

Per cent of total crop
to Feb. 1

-

•

-

Per cent of total crop
to March 1

Per cent of total crop
to

April 1

Per cent of total crop
to

May 1

Per cent of total crop
to June 1

'

Per cent of total crop
to

.

July 1

86-86

90-18

8960

88-80

90-56

87 49

90-63

9036

90.92

9112

Per cent of total crop
to

Aug. 1

-

Half the port

received
On

which

ceipts
*

receipts
Dec. 20.

..

day

were

re

Dec. 15.

Jan. 8.

Jan. 2.

Dec. 29.

£

2,090,671 1,745,630 1,909,958 1,822,525 1,375,784

*

-■

Half the total

crop

Dec. 30. Dec. 22.

received

Jan. 11. Jan.

16.

Jan. 5.

-

On

which

ceipts

day

were

.

re.

.

2,330,076 1,916,767 2,083,115 1,978,161 1,486,801

Februa y

24; L.77 J

THE CHRONICLE

185

The

foregoing table shows that on the 1st day of February the
receipts this year and last year were as follows:
Total to February 1,1877— bates
Total to February 1,1876—bales

....

Increase this year—bales

3,101,960
2,977,753
124,207

Monday.

Mar.-Apr. delivery, 6 19 32d.

The movement this

February cannot exceed and will not prob
ably quite reach 450,000 bales. But eay that March begina*with
the total this year at 3,550,000 bales, agaiost 3,457,000 bales last
year; then, to bring the crop to 4,500,000 bales, the future
monthly movement would in the aggregate have to correspond
with 1871—’72 (a year, by the way, when the spring and sum¬
mer receipts were the smallest of
any in our record), as may be
seen by the statement below:
1876-77.

Receipts to March 1
Receipts in March
Receipts in April
Receipts in May

1875-76.

3,457,554
300,128
163,593
*92,600

Receipts in June
Receipts in July
Receipts in Augu-t

42,234

29,422
33,626
71,935

Corrections

May-June delivery, 6^d.
Feb.-Mar. delivery, 6Xd.

Apr.-May deliver}", 6 23-32<®ll-16d.
May-June delivery, 6 25-32d.
June-July delivery, 6 27-3£®1315d.
Mar.-Apr. ship’mt, sail. 6 21-32d.
Mar.-Apr. delivery, 6 9-16d.

Jan.

Apr.-May delivery, 6 21-3'<®ll-:6d.

Tuxbday.

Mar.-Apr. delivery, 6%d.
Apr.-May delivery, 6 23-32<®?id.
May-June delivery. 6 13-16d.
June-July delivery, 6%d.
July-Aug. delivery, 6 15 16d.
Jan.-Feb. shipm’t, sail, 6 ll-16d.
Apr.-May delivery, 6 25-32a.
June-July delivery, 6 29-32d.

Feb.-Mar. delivery, 6 9-16d.
Mar.-Apr. delivery, 6 21-32d.
May-June delivery, 6 27-32d.

June-July delivery, 6j£d.
Mar.-Apr. delivery. 6 ll-16(®21-32d.
Juue-July delivery, 6 29-32U.
Jau.-Feb. shipment, sail, 6 23-32d.
Wednesday.

Mar.-Apr. delivery, 6J£(®19-32(®%d.
Apr.-May delivery, 6 23-32®*d.
Juue-July delivery, 6%d.

I Mar.-Apr. shipment, sail. 6%d.
6 15-16d.

Southern

4,191,142
313,146
145,(00

Consumption

Total crop

i 4,660,258

In this statement, we have put the
bales (same as in 1871-2), against

“Corrections” at only 7,212
71,985 bales in 187G. The
great, and yet there is every

'

| July-Aug. delivery,

| Feb.-Mar. delivery, 6*d.

Jan.-Feb. shipm’t, sail, 6 11-lGd.
Feb.-Mar. delivery, 6 9-16d.

| Mar.-Apr. delivery,

6 13-32d.
Feb.-Mar. shipment, sail, 6^d.

May-June delivery, 6 13*16d.

Thursday.

Landing:, 6>£d.

I

Mar.-Apr. delivery, 6 1?-32<®9-16d.
Apr.-May delivery, 6 21-32d.
May-Juue delivery, 6 2j-32d.

j July-Aug. delivery, 6 27-32d.

June-July delivery, 6 25-32d.

Jan.-Feb. shipment, sail; 6 19-32d.
sail, 6 21-32d.
Friday.

| Feb.-Mar. shipment,

Mar.-Apr. delivery, 6 17-32d.
Total Receipts ports to Sept. 1
Overland

shipment, sail, C^d.

Jan.-Feb. shipment, sail, 6**(®19-32<l.

Mar.-^pr. delivery, 6 17-32d.
Feb.-Mar. shipment, sail, 6>&d.
July-Aug. delivery, 6 13-lrtd.
Apr.-May delivery, 6 l9-32d.
Juue-July delivery, 6^d.

Apr.-May de’ivery, 6 21-32® )£d.
June-Jaly delivery, 6 25-32d
Feb.-Mar. shipment, sail, 6 21-3JJ.
Feb. delivery, 6#d.
Jan.-Feb. shipment, sail, 6 9-16d.
Mar.-Apr. shipment, sail, 6 25-32d.
Mar.-Apr. delivery, 6^0May-June delivery, 6 ll-15d.

Mar.

Apr. delivery,
May-June delivery,
June-July delivery,
Juue-July delivery,

6>£d.
6 21-321.
6 23-32J.

6%d.

The Exports of Cotton from Now

York, this week, show a
decrease, as compared with last week, the total reaching 5,224
likely to be so
bales, against 6,559 bales last week. Below we give our usual
reason to expect that this item will not be much in excess of the
table showing the exports of cotton from New York, and their
years previous to 1876. The unusually large “ Corrections ” of direction, for each of the last four weeks;
also the total exports
last year were due to special causes which cannot
and direction since Sept. 1, 1876; and in the last column the total
repeat them¬
selves. We have little confidence of any decrease in the “Over, for the same period of the previous year:
Exports of Cotton!bales) from New York since Sept. 1, 1876
land,” though we give it in the above at 28,000 bales less.
This comparison with 1871-2 we have made up in order that
WEEK ENDING
Same
each reader may judge for himself^liow and in what
Total
partic¬
period
EXPORTED TO
difference is not

ulars

it should be altered.

All the advices indicate

that, from

this time, the receipts are to show a very considerable
falling
off. How much greater is the falling off to be than the above
indicates ?

Bombay Shipments,—According to ourcable despatch received
to-day,there have been
bales shipped from Bombay to Great
Britain the past week, and 7,000 bales to the Continent; while
the receipts at Bombay during this week have been 28,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Feb. 22 :
r-Shipments this week-*
Great

Britain,

Continent.

1877
1876
1875

7,000

.-Shipments since Jan. 1-*
Great
ConBritain, tinent.

Total.

7,003

.

56,000
52,000

50.003

,—Receipts.—
This
week.

Total,

100,000
103,000
224,000

9,00)
11,000
20,000
53,000
20,000
13,000
33,000
152,000
72,000
From the foregoing it would appear that,

23,000
25,000
57.000

Since

Jdn.l.
156,000
154,000
311,000

Liverpool

Other British Ports

Jan.
31.

Feb.

Feb.

7.

14.

Feb.
21.

7,517

12,517

6,524

5,221
•

Total to Gt. Britain

7,51?

Havre
Other French ports

36

Total French

36

12,317

6,524

•

•

to
date.

•

5,324

35

prcv’ns
year.

221,497
7,143

252,806

231,640

254,350

5,144

1,915

1,541

■»•••

Bremen and Hanover

•

•

•

•

35
100

*

Hamburg

•

•

•

•

Other ports

Total to N. Europe.

Spain Oporto&Gibraltar&c

100
....

....

•

t

•

•

•

•

5,144

1,915

9,148
2,226
1,586

19,559
8,324
12,791

12,969

40,674

*200

409

12

:

All others

•

200
491
compared with last Total Spain, «Vc......
there is a decrease of 13,000 bales this year in the week’s
Grand Total
7,553
6,559
12,417
5,224 249,944
297,360
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments 'of 2,000 bales,
The following are tbe receipts of cotton at New York, Boston,
compared witn the corresponding period of 1876.
Philadelphia and Baltimore for the last week, and since Sept. 1, *76:
Gunny Bags, Bagging, &c.—Bagging has continued
quiet for
the past week and the market is without change.
The demand
BOSTON.
PHILADELPHIA
NEW YORK.
BALTIMORE.
is of a jobbing character, and the small sales
making are at full BEOB’TS FROM
This
This (Since
This Since
This [Since
Since
figures, holders still quoting 12$c. for standard. Butts remain
week. Sept. 1. week. Sept-1. week. Sept.l. week. Sept.1
firm in tone and the stock on spot is becoming smaller. There
have been further sales of parcels to arrive near at hand, in all New Orleans..
1,499
4,761
78,952
6,798
Texas
about 3,000 bales, at 3£@3 3-16c., gold.
58,1.22
1,857
6,824
1,180
For distant shipments a Savannah
83
483 13,617
786
18,524
8,443
112,938
higher price is demanded. Bagging butts are steady at 3fc. Mobile
Calcutta advices still quote firm figures.
Florida
*101
12.758
91.112
548
Carolina
1,62ft
820 14,205
Liverpool, Feb. 23—3:30 P. M.—By Cable from Liver¬ 8’th
N’th Carolina.
65 11,245
69,692
2,158
pool.—Estimated sales of the day were 8,000 bales, of which
2,312 59,383
3,086 206,159
1,165 47,569
Virginia
49
11,227
4,341 63,654
1,000 bales were for export and speculation.
Of to-day’s sales, North’rn Porte
6,229 62,157
1,801 32,784
5,016 109,435
3,600
5,90U bales were American. The weekly movement is given Tennessee, &c
3,117
Foreign
....

•

....

•

•

•

•

••••

year,

•

•

•

.

•

.

.

....

•

•

• •

•

••

....

•

•

•

•

*

..

-

•

•

•

•

•

•

•

•

.

•

•

•

•

•

•

•

•

»

....

....

•

•

•

•

..

.

....

....

....

as

..

follows:

Feb. 2.
Sales of the week
...bales.
Forwarded
Sales American
of which exporters took
of which

Total stock

speculators took

Feb. 9.

46,OC0

40,§00
16,000
29,000
4,000
5,000
830,000
551,000

20,000
30,000
4,000
7,000
781,000

of which American..

Feb. 16.

62,000
11,000
43,000
3,000
8,090
816,000

Mid. Upl’ds ..<®f,s£
Mid. Orl’ns <®6%
.

Futures.
These sales
wise stated.

are on

.

.

<&6X

the basis of Uplands, Low

16,038 215,886

1,886

42,407

2,536 90,285

10.000

Total last year.

21,002

643,950

5,220 182,173

1,311

36,329

2,142 80,128

26,000
5,000
2,000

846,000

..@6X

Middling clause, unless other¬

Saturday.

Feb.-Mar. delivery, 6Jtfd.

Mar.-Apr. delivery, 6 19-32(®9-lfid.
Apr.-Mny delivery. 6X@23-32@ll-16d.
May-June delivery, 6?£d.

June-July delivery, 6 13-lCd.




•

753,312

closed.

Holiday.

...

19,574

Exchange
,.(®6&
..@6#

....

Total this year

....

..(®6K
..@6^

....

Feb. 23.
42,000

529,000
551,000
555,000
101,000
115,000
83,000
52,000
95,000
61,000
43,000
38,000
3,000
4,000
5,000
4,000
374,000
400,000
461,000
477,000
316,000
344,000
385,000
395,000
The following table will sibow the dally closing prices of cotton for the week:
Toes.
8'pCt.
Satur.
Mon.
Wednes.
Thurs.
Fn.

Total import of the week
of which American
Actual export
Amount afloat
of which American

....

.

Mar.-Apr. shipment, sail, 6 13-16d.
Apr.-May shipment, sail, 6%d.
Jan.-Feb. shipm’t, sail, 6 19-32d.
June-July delivery, 6 27-32d.

Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
80,629 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 ail vessels cleared up to Wednesday

night of this week.
Total bales.

New York—To Liverpool, per steamers Nevada, 1,237.....Qity
ter, 942.... Kngland, 2,995
’
New Orleans—To Liverpool,per steamers Gracia, 8.113 and 1

of Ches¬

sack ...
Mississippi, 4,230....per ships President, 3.656."...City of Richmord, 4,198 ...Her Majest*, 4,338 ...per bark Pontid.t, 2,177
To Cork, per bark KoDg Svcrre, 1,315
To Havre, per bark St. Adres«e, 1.868
To Bremen, per ship Gustav and Oscar, 4,370...
Te Antwerp, per bark Vittor Pisani, 1,373....
To Barcelona, per barks Aretusa, 442 — Rcsoluda, 444
...
Mobile—To Liverpool, per ship Ronochan, 4,036
To Havre, per schooner A. Heaton, 1,441
To Barcelona, per steamer Santiago, 2,000

5,224

81,712
1,315

1,868
4,870
1.873
883

4,08<»
l,44t

ff.

1,505 Upland....

Charleston—To Liverpool, per barks DonaToleeforo,
Sarah, 1,110 Upland ana 104 Sea Inland
To Barcelona, per

'Upland

barks Valparaiso, 1,000

_

Upland... Catalina, 403
.

.

Up’and — per bark

Liverpool, per thip Labrad' r, 3,158
Oasis, 3.523 Upland
To Cork, fororaers, per barK Sif, 1,050 Upland

SavAmnah —To

To Havre, per bark Ilarmony, 1,484 rpland
To Biemen, per bark Rimfaxe, 1,581 Upl md
Brunswick—To Liverpool, per bark Punj mb, 1,629
......
ObiXAS—To Liverpool, per steamer San .Marcos, 3,803
Clara Eiten, 1,553
per schooner
per
1.5%
.
To Havre, per schooner Centennial. l,Sf 5
Wilmington— To Liverpool, per bark Ruth, 1.703..
Norfolk—To Liverpool, per barks Fannie M.
2.875
....
Baltimoue—To Liveip iol, per steamer Circas-ian, 550
Boston—To Liverpool, per steamers Massachu-etts, r29

and 15 S a Inland

There is no doubt that some of the
spring wheat, now in store abroad, would bring better pricesif here, and possibly return shipments may be made, as freights
are very low and
exchange favorable. But what effect would
return
shipments and the diversion of California wheat to us
have upon the English markets?
Receipts at the Western
markets continue small, and the visible supply, notwithstanding
the limited outgo, is again considerably diminished. To-day,
the market was steadier, with a fair inquiry, but buyers and
sellers generally apart.
Indian corn was in active demand,and prices of Western mixed

2,003
0/81
1.150
1,4S4

1,581
1/29

relatively low prices.

at

us

2,749

Win. Jourdau,

bark

[February 24, 1

CHRONICLE.

THE

186

old

0,072
l.v0>
I,7t0
Carroll, 1,990 ...Ilecla.
4/65
and 230 bigs
7.-6
...Algerian, 555 783 advanced nearly two cents a bushel from the lowest point,
Philadelphia—To Liverpool, per steamers Ontario, 1.10b. ..Indiana,
although increased arrival of Southern corn contributed to the=
3C0.
1 403
supply. Low ocean freights contributed to an increased export
i • 80 623 movement. Stocks, however, are excessive, and the future of
Total
The particulars of these shipments, arranged in our usual form. the staple is not regarded with much confidence by speculative
follows

are as

:
Bre-

Liver¬

New York
N. Orleans

5.224

.

Mobile
Charleston
Savannah
Brunswick

.

..

Texas

.

.

•

•

....

3,805

....

...

....

7S6
753

....

....

.

2,955

58,353

2,0) )

5,224

...

....

....

....

....

«...

....

...s

....

....

•

32,024
7,527

....

....

....

....

....

....

....

•

.

4,752
11,396
1,629
8,177
3,76)
4,865
7S6
7t-3

1,496

...

....

Total

2,090

...

•

....

....

Philadelphia

....

...

1,551

1,434

....

Baltimore
Boston

....

•

1,650

1/23
0/72

Wilmington
Norfolk

MU

....

2,749
6/61

.

Total.

836

1/73

4,370

1.866

4,Si9

1.873

5,951

(1,598

The new corn now coming forward continues to be
quality and in good condition. To-day, the market
opened firmer, but closed quiet.
Rye has materially declined, and a boat-load of Western sold
at 82£c., afloat.
Barley, at the decline noted in our last, met with
a better demand.
Canada peas quiet.
Oats were active and buoyant early in the week, but the higher
prices had the effect, in a measure, to check demand. To-day,
there was a very firm market and a fair demand.
No. 3 graded
quoted at 44c. for mixed and 47c. for white.
The following are the closing quotations :

operators.

Barce¬
lona.

Arnst'rdain.

....

4.0/

.

men.

....

1,315

21,712

.

Havre.

Cork.

pool.

80/29

of excellent

received to date of disasters, &c., to
United States ports :
Ontario, str. (3,175 tons), Br., from Philadelphia, Feb. 14. for Liverpool, ran
ashore at noon of tlie same day, on western end of Bulkhead Sboai,
Delaware Rivtr.
Ice beats No. 1 and 3 went to her assistance, bur their
efforts to puii her off proved unsuccessful.
’J he steamtug Y< urg Amer¬
ica went to the O on ltJtli with three lighters, and after discharging p rt
of her ca go she floated
8he immediately reloaded her cargo and re¬
sumed her voyage, passing Newcastle. Dei., at 2:10 P. II. of the 20th.
Pine Bluff, str., from Fort Smith for Little Rock, with a gieat car^o of cot¬
ton, stiuck an obstruction in the Arkansas river at Findcn’s Landing,
forty miles above Little Rock, on Wednesday, and sunk in six feet of
water
The boat will prove a total loss, but the cargo will be sived
The boat is valued at $5.0)0, had insured.
with damage.
Dakota, ship,- from N-w Orleans for Liverpool, before ienorted, was struck
by lightning and set oa lire on Jan. 27, in lat. 41, Ion. 38, and aban¬
doned on Feb. 8.
Disco (Br.) Charleston, Feb. 16.—Theclaimof the owners of the steam flat
Dreadnailght, and Others corneded with them, for sa'vagc on the cotton
they brought up from the wreck of bark Disco, was se tlei Feb. 13 by
a comm ttee of the Chamber of Commerce, who awarded Hum forty
per, cent on the sound cotton and materials, and sixty per cent on ibe
damaged cotton. Tne Resolute was previously awarded 50 per cent
salvage on the wet bales. The difference in the salvage of the two
cases was io consequence of the greater amount of property the ‘'Dreadnaught Company ” had at risk. The hull of the vessel Ins entirely dis¬
appeared This endangers, if it does not entire’y destroy the hope of
saving some 500 or til0 bales of cotton, which s’ill remained on board.
Two small engines, which had teen j laced on the bark by the wreckers
to assist in getting out the cargo, have been lest wit i her.
John E. Chase (n63 tons;, bark, Davis, from Savannah for Liverpool, before
reported arrived at the latter port Jan. 3Cth, with loss of mainmast, <ic.,
was docked for repairs same d^y.
The J. E. C. and cargo were seized on
Feb. 3, by the salvors for services on Jan, 30.
Kronprinzen. baik (Swed.). Callb<rg, (v>-42 tons, of Kon-backa, Swed ), from

give ali news
vessels carrying cotton from

11, for Liverpool, with 1,920

New Orleans Feb.

totally wrecked on the

Sullivan Sawin, sclir.,

Colorado reef Feb. ITtb.

Charleston, S. C., P. M.
some sails.

Cotton

Feb. 20, partially dismasted,

freights the past week have been as
-Liverpool.

Saturday...
Monday....
Tuesday...
Wednesday
Thursday

Friday..*...

Steam.
d.
n x
—

—

—

-

—

© 34
@ *
© X

@ 3»

,

Sail.
d.

^comp.
5^comp.
%comp.
5£comp.

&©9-S2 c. ^comp.

..

c.

%comp.

..

..

..

..

Western Spring Wheat
extras
do XX and XXX
Jo winter X and XX..
do Minnesota patents.

j£comp.

Market auiet.

6 00© 6 25
6 40© 8 25
6 40© £ 50

7 75@10 00

*

brands
Sonthei n bakers’and

7 50© 8 20

mily orands
7 50© 8
shipp’g extras.. 6 50© 7
Rye flour, superfine
4 50© 5
Corn meal—Western, &c. 2 95© 3
Corn meal—Br’wine. &c. 3 45© 3

%©lcomp.%@%

75
40
00
05

There has been a

dull and drooping market for

week under review, and yet no

general

or

Feb. 23, 1877

flour for the

important decline can

44©
85© 1

Barley—Canada West...
State, 2-rowed

63©
68©

State, 4-rowed

Barley Malt—State

75©

...

.

1 00© 1
93© 1

Canadian

The movement

36
40
50
50
65
65
61
61
62
88
55
56
05
70
75
95
15
15

fol¬

:

-RECEIPTS AT NEW

Flour, bbls.
6/93
C. meal, “
19,300
Wheat, bus.
Corn,
44 . 274,998
7,274
44 .
Rye,
59,852
Barley. 44 .
64,265
Oats ...44

,1876.

24,(52
5,173

175,462
26,169

1,481/21

40.219

1/04,421

1,186,797
2,192,452

21,03)8
744.781

369/06
30,782
23,024

840/11

766,300

3,928

tables show the
Breadstuffs to the latest

The following
ment of

RIVER
17, 1877, AND FROM

RECEIPT8 AT LAKE AND
FEB.

At—

(196 lbs.)

Chicago...-

21,974
25,138

Milwaukee

.

725

Toledo
Detroit

Cleveland
St. Louis

4,374
*2,199
17,526
2,010

,

Peoria
Duluth

18 76.
,
Since
For the
Jan. J.
week.
274/20
32,122

3/58

20,224

209,855
141,114

2/53,292

1,909,039
15,337

83,315

95,386
29,1-6

....

6,130

•

•

•

•

41,727

Grain in sight and the move¬
mail dates:
PORTS FOR THE WEEK ENDING
JAN.

1, TO FEB. 17, 1877

Wheat,
bush.

Corn,

Oats,

Barley,

bush.

bush.

bush.

(60 lbs.)
33,428
57/13
29,147
29,086
9,100

(56 lbs.)

294,183

(32 lbs.)
99,804

15.225

21,973

193/63
45,406

7,800
17,072

65,415

10,400
....

....

*

541,451
25,541

91,731
525,229

1,821.009

.

18 177.
Since
For the
Jan. J.
week.

Same
time

35/39
433,856

.

-EXPORTS PROM NEW YORK.-

YORK.-

.
18 77.
Since
For the
Jan. 1.
week.
390/98
61,136

233.189
73/37
250,048
77,332
Previous week
611,240
Corresp’ng week/76 91,577
426,304
’75.
63,261
2,371/78
576/81
Total Jan. 1 to date.
678,242 4,902,278
Same time 1876
560,018 5,522/52
Same time 1875
977,221 11.426,162
Same time 1874
Total Aug. 1 to date,.,3,219,753 31,766,691
Sametinde 1375-6.. .2,989.091 44,749,004
Same time 1874-5—.3,103,276 40/52,783
8ame time 1873-4... .3,646,379 54,761,137
•

*•

Friday, P. M.,

420.

White

,

ADSTUFFS.

59©
60©
59©
80©

50 Peas—Canada,bona&free
in breadstuffs at this market has been as

Tota1

BRE

1
1
1
1

l
1
1 50© 1

White
Corn-Western mixed....
Yellow Western,
Southern, ne v

fa¬

Southern

lows

.

Wheat—No.3 spring,bush SI 33©
l 38©
No. 2 spring
1 47©
No. 1 spring
1 37©
Red Western
Amber do
55©

Rye
5 90© 7 15 Oats—Mixed

City shipping extras.. ..
City trade and family

bb's.

%©!comp.%©%
%comp.
%@lcomp.%@%
?£corup.
%@lcomp.^©%
7*comp.
%@lcomp.%©^
Washington’s Birth iay —Holiday

^©9-32 c.
fc©9-32c.
©9-32 c.
34@9-32 c.

5 90© 6 15

State, &c

Flour,

*—Hamburg.—»
Steam. Sail.
c.

5 40© 5 93

ern

Extra

follows :
c.

c.

c.

Superfine State & West¬

Liverpool, was off
and with loss of

Bremen.
,—Havre.—,
Steam. Sail. Steam. Sail.
c.

« bbl. $4 40© 5 00

No. 2

bales cotton, &c., was

Rich, from Savannah Feb. 10, for

Crain

Flour

Below we

.

7/OJ

3,250

221,805
77,450

29,062

25,630
....

....

Rye,
bush.

(48 lbs.) (56 lbs.)
41,892
10,173
2,130
17,917
2,313
2,290
7,189
15,200
1,820
8,961
4,800
9,900
....

«

•

••

....

101,059

23,526

154,757
180,016
44,537
817,893

22,768

13/37.705 4,945.897

882.349

50,839
66,496
86,51.9

12,846

204,566
209,226

856,732
840,503
1,037/75
594,851
7,564,3 8
4,477,763
6,455,720
5,371,414

294,217

13.972

24,520
241,618
337,106
1/03,950
2,036,599 1,261,9^4 176,111
751,164 197,607
2,119,650
2 927,203 1.229,315
325,328
46.214.729 12,598.737 7,317,743 2,114,590
26,792.893 16,319/09 5,795,389 1,437,494

25,115,434

quoted. Flour from winter wheat and the higher grades from
32,099/69 15,217/53 6,037,570 1,344,058
spring wheat were most depressed. Low grades from spring
Estimated.
wheat were scarce, and shippers complained of the scarcity of
Shipments of Flour and Grain from the ports of Chicago,
desirable lines upon which advantageous bids could be made.
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Still, there is much less buoyancy among holders, and a disposi¬ Duluth for the week ended Feb. 17, 1877, and from Jan. 1 to Feb.
tion to sell when approximate prices can be realized.
Rye flour 17, inclusive, for four years :
Rye,
Barley,
Oats,
Corn,
also declined, but corn meal is quite firm. To-day, the market for
Wtrat,
Flour,
bush.
bush.
bush.
te

*

steadier but quiet.
The wheat market has also been quite depressed, lut, as
holders modified their views, bids were reduced, and the lower

flour

was

prices did not lead to any increase in business. It has been
reported on our market, that spring wheat, of the crop of 1875,
has been offered on sale to be returned from Great Britain, and
that offers hav6 been made to divert California wheat afloat to
this market, and to make direct shipments from San Francisco to



bbls.

Feb. 17, 1877
Feb. 10, 1877
Cor. week ’76
Cor. week ’75
Gor. week ’74
Cor. week
Cor. week

’73
’72

Total Jan. 1 to date.
Same time 1376
Same time 1875
Same time 1874

67,517
79,945
'

bush.
1.89.107

6/717

210/51
310,967
239,239
703,70)
142,018

70,616

4/047

97/89
69,220
1 P.237

bush.

156,390

702,145

166.896

503.318

653,346
331,865

170/59
219,112
497/73

'

227,166
152,9)9
110,054
102,707

105,4:0
957,596

558,553 1/52.226 3,552/03
719,930 1,969,227 4/45,273 1.161,394
565,634 1,707,776 3,124.555 1,171.378
bt. 2,325
27/919
8i8,o30 5/43,093

45,453
£8.209

55,180

60/14
459,057
451,138
374,373
686,833

15,857
22/00
14,110
20,106
7/70
8,750
112,052
105,487
li 1.408

110/69

receipts of flour and grain at seaboard ports fok tor
WEEK ENDED FEB. 17, 1877, AND FROM JAN. 1 TO DATE.

Flour,
bbls.

At—
New York

65,241
54,005
3,305

B.)Ston

Portland
Montreal

9,486

IS7

THE CHRONICLE.

February 24, 1877.]

Baney, Rye,
bush. bush.

Wheat,
bush.

Corn,
bush.

Oats,
bush.

40,9 0
65,333
19,000r

274,5,0
352,126
3,450

7-3,786
127,631
12,991
7C0
39,90'J
7/00
10,344

81,CSS
6,256
2,000
7,200

Barley,

6,011
361

for men’s wear, but transactions

in heavy weights were unim¬

portant and mostly restricted to job lots of old styles. Blacky
cloths were taken in small parcels to a fair amount, but doeskins
remained

Cassimeres of the finer grades were fairly

quiet.

active, although in most cases purchases were confined to small
lots

suitable

for the

jobbing or fine clothing trade. Worsted,
coatings were in steady request, and cotton warp worsted were
....
•
....
moving with some freedom until nearly the end of the week,
Total
174,533
272,051
121,624
10.975 when it became known that 7,000 pieces of Sclieppers’ goods would
271,688 1,229,826
Previous week
172,232
160,100 1.376,697
312,,69
99,2<3
27,0)0
Cor. week ’76
12\997
330,107 1,2*2,245
322,657
104,650
2.625 be offered at auction next week, which checked the demand.
857,9)4 1,103,357 8,168,550 1,745,035 533,653
Jan. 1 to date
165,103 Tweeds'were’in liberal request and steady at current quotations*
43,393
Same time 1876
1,249,870 2,293,061 9,590,632 1,7-0,143 97 3,460
1,110,666 2,087,918 8,*23,26S 1.869,554 246,627
Same time 1875
27,920 but meltons were quiet. There was more inquiry for satinets in
1,68 ,749 6,836,150 5,181,122 2,521,917 391,247
Sametime 1874
225,453 the finer grades, but low qualities were sluggish. Kentucky
The Visible Supply of Grain, comprising the stock in
jeans were in irregular demand, and on the whole less active than
granary at the principal points of accumulation at lake and when last
reported upon. Brussels and ingrain carpets were
seaboard ports, in transit by rail, on the New York canals and on
more
in first hands, and opening prices are firmly main¬
active
the lakes, Feb. 17,1877:
15,130

Philadelphia

Baltimore...
New Orleans........

In store at

In store at
In store at
£n store at
In
In
In
In

19,142
8,224

New York
Albany.
Buffalo
Chicago*
Milwaukee*

store at
store at Duluth

store at Toledo
store at Detroit
In store at Oswego
In store at St. Louis.
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia*
In s( ore at Indianapolis*
In store at Kansas City*
In store at Baltimore
Rail shipments, week
Afloat iu New York*

...

106,100

135,600
....

Wheat,

Corn,

Oats,

bush.

buph.

bush.

2,148,508

938.480

1.800
28.000
212,860
250,619
3,426,94 2 2,613,746
2.017,000
96,289

36,100
16,058
707,171

2,991,705
..

..

423,000
70,650

60,000
356,0 0
174,476

182,392

....

..

1,251.710

217,033

33,751

67,976

159,0ui)
55,000
384,520 1,017,981
255,691
1,516
104,331
91

18.0)0
93 377
123,964

220,2h6
1,4-48
71,874
ll,9<-7
230,000 1,085,000
10.000
250,(0)
190,000
196,000
175,920
794,942

189,107

225,000

702,145
186,000

.

..

2,300
2,300

24,500
....

Rye,

bush.

bush.

600.379 307,789

3-8,600 50.200
313,282
8,316
9:14,753 262,457
287,336
83,298

123,436
£0,580
» 80,508

75,000

—

335,0u0
123,642
9,212
34,754
340,814

13,435
....

50,000

.

12,000

5,000

156,380

50,831

40,000
175,000

2,561

42,427
40,962

.

.

.

300,U00

....

-

7.500
(8,202
89,183
-4,162
....

25,000

7.500

10,000

8,0 0

12,846

30,000

3,073,460 3,865,435 1,073,022
11.400,090 12,496,796 3,067,030 3/97,446 1,066,824
11,892,067 12,813,363 3,222.241 4,229.010 1,045,463

...11,083,627 11,077,124

Total
Feb. 10, 1877
Feb. 3, 1377
Feb. 19, 1876
*

..

10,-00

17,089,460 5,278,924 3,014,618 2,249,525

426,687

Estimated.

Foreign Dry Goods,—There was a fair movement in house¬

linen goods, linen handkerchiefs, white goods and
are firmly held in this market
and abroad.
Dress silks were in better demand, but prices are
not very satisfactory to either importers or consignors, especially
when forced sales are made in the auction rooms. Millinery silks
and crapes were in fair request, and there was more inquiry for
gros grain and taffeta ribbons.
Dress goods were in moderate
demand, but not active.
Men’s-wear woolens continued quiet*
and Italian clotbs and satin de chenes moved slowly.
Imitation
laces were taken in fair quantities by manufacturers and the
trade, but real laces were devoid of animation.
Hosiery was
fairly active in fancy makes of hose and brown cotton and Balbriggan half-hose. Kid gloves were in steady demand, but low
grades, when offered at auction, brought unremunerative prices,

keeping

embroideries, which class of fabrics

and

were

in

Friday. P. M., Feb. 23,

We

annex

withdrawn, because of the disparity
and sellers as to price.

prices of
Cotton Sail Duck.

1877.

only moderate the past week

package houses, and the jobbing trade was generally
quiet. In the early part of the week a break in prints occurred,
which (coupled with an announcement that 1,500 cases Rich,
mond prints will be peremptorily sold at auction on March 1),
had a depressing influence upon the market, and caused buyers
to pause in their operations for the spring trade.
Values of
staple cotton goods were not, however, affected by the decline in
prints, and, on the whole, prices for woolen fabrics were well
sustained, though there was some disposition on the part of
holders to grant concessions on spring-weight worsted coatings
Foreign goods have been
and a few makes of fancy cassimeres.
rather more active, and a fair aggregate distribution of silks,
linen goods, ribbons and embroideries was effected privately and
through the medium of the auction rooms. Reports from the
interior indicate that the jobbing trade has^commenced satisfac
torily in most of the large cities, and as soon as jobbers have
distributed their early purchases, a more active movement in this
market may be expected.
Domestic Cotton Goods.—The exports of domestics from
with the

port to foreign countries for the week ending February 20,
reached 1,503 packages, the larger quantities of which were dis¬
tributed as follows : Great Britain 681 packages, Smyrna 220,
United States of Colombia 196, Mexico 135, Argentine Republic
97, Cuba 32, Hayti 30, &c. There were few price changes in
staple cotton goods, and values were steadily maintained, but
standard prints declined to 7£c., without, however, increasing the
demand. The decline in prints and their comparative inactivity

depressing print cloths, and at the close of the
week extra standard 64x64 spots and near futures receded to
4£@5c. cash, and contracts for April, May and June were offered
at 4|c., 30 days.
Heavy standard and three to four yard brown
sheetings were in steady request and firm at current rates. Fine
bleached shirtings were moderately active, and the supply has
been lessened by the stoppage of the Wamsutta mills on account
of a strike among the operatives. Brown drills are in light sup¬
ply and firm. Cottonades and cheviots were in good demand, and
there was a fair movement in denims, dyed ducks, tickings and
had the effect of

osnaburgs. Rolled jacconets and glazed cambrics moved slowly,
but were steady in price.
Cotton dress goods and dress ging.
hams were sold in liberal amounts, but ordinary staple and fancy

g’mghams were dull. Marseilles and jacquard quilts, cotton
towels and piques were in improved request by jobbers.
Domestic Woolen Goods.—There was a moderate demand by
cloth jobbers and the general trade for spring-weight woolens

No. 10
Cotton sail twine..

Druid

and

Woodberry

Mills.
No. 0

.

No, 1

.

No. 2
No. 3

29

.

5

.

.

;

22

.

.

Bear (8 oz.) 29 in..
do heavy (9oz.)...
Extra heavy bear..
1 Mont. Ravens 29in.
40iD.
1

26
25
24

.

6
7
8
9

*1

.

.

12#
13#

Havens

27

.

Woodberrv and Ontario
U.S.A. Standard 23#iu.
3 oz.....
17
9 oz
19
10 oz
21
£5
12 oz
15 oz.
31
Ontario Twls, 36in. 18
do 31in.(8oz.ex ql) 17
Sx twls“Polhein\j” 10—tl

20
29

Light Duck—
Greenwood’s (7oz.)
Ravens
Greenwood’s (8oz.)

31

.

No, 4
No.
No.
No.
No.
No.

34
32

14
16

18
17
25

Stripes.

Century Chev’t.

1 Cordis awning.
22#-25
Columbian
9
12# 1 Evere;t Cheviotll#-12#
1 Everett heavy..
15
Hamilton
14
..11#@12*4
12#
1!# Lew’n AA.Chev.
do
A,...
12
10
Massabesic
10
Otis BB
10
20

Amoskeag

17

Park Mills Ch’t.
Thorndike A....
do
B....

9-10
11-12

American

Amoskeag
do
fancy
Bates Cheviot..

Belm’nt Chev’t
Clarendon do
Creedmoor do
Cherwell
do

12#
12#
11#

Uncasville A...

....

UCA.

do

....

Whittenton AA
do
do

12#
»*4
12#

B...

fancy XX

Denims.
B....
do
Boston
Beaver Cr,AA.
do
BB.
do
CC.

9
13
12

Columb’n h’y bro
do XXX brn

17
17

.

CarUon
Everett
Lewiston

.

....

15
20
14#
13

OtisAXA
do BB
do OC
Pearl River..
Palmer

:o#
-

.

11#
lb *4

Thorndike A..
Uncasv’e UCA.
York
Warren AX A..
do
BB....
do
CC.
Gold Medal...

14#

Haymaker....

10

10*4
14

18

11*4

..

....

....

D

this




cases

some

between the views of buyers

THE DRY GOODS TRADE.
The volume of business lias been

tained.

Amoskeag;

......

..

9*4

j

9
9#

;1

8#

1

Bates

Glasgow

..

Gloucester, n .8.
Larcaster
Namaske

.

Renfrew
Plunkett
Johnson Mfg

9#-10# I Baird.
9# I Belfast..
Co... 13# Shirley..

12#

11# { Carleton
11
| Miami

Alamance.

Randalmon

8

Checks.

Caledonia.No. 10
No. 70
No. 80

do
do

Economy
Far.& Min, No. 5
do
No. 6

17
19
20
12
1)

11

1 Far. & Min. No. 7
do
No. 8
1
do
No. 9
1 Park Mills,No.50
do
No. 60
1
do
No.70
1

Spool
Ashworth
J. & P. Coat’s

Clark, John, Jr.
& Co

Clark’s.O.N T
Hall &

Manning

Globe Mills....
Stafford

Amoskeag

Androscog’n sat.
Canoe River....

Clarendon
Hallowell Imp.
brown
do

65
65
65
c5

i

cord

....

9

1

9# 1
6# |
7# 1

Empire

...

.....
.

16#
18

12
13#

13#

Wyoming

Wamsutta

45
65

Orr&McNaught
Pratt & F.Goord,

42#

with Needle

Threader.,
do
3 cord..

32#
35

8 I
do

sat..

Pepperell, blea.^
do

‘*#
9

10

-•1
6
6

Lewiston A....

14*4

Corset Jeans.
sat...

9*4

11

; Pequot

| Rockport
Suftelk
Hamilton

Glazed
Forest Grove
Garner

Prodigy

10#
H#

Willimantic, 8

do 6 cord
1 Merrick
1 Green & Dan¬
| iels

i

16

*

Cotton.

1

35

Paik Mill*,No.80
do
No.90
do
No. 100

13#

....

8#
10

Cambrics

6

I Harmony

| Washington

I Red Cross

| High colors, lc. higher.

6#
Cottpn Yarns.

Empress 6 to lz,
Pendleton da

22# I Sargeant 6 to 12..
22# 1 Foateuoy
do

22#
22#

ixl 6 to 12
xxx do

aa#
sa#

THE GHROXK'JjR

188

fixporis oi Leading Articles from New York.*

ImporUtloai of Brr Goods*

The importations of dry goods at this port for the week ending
Feb. 22, 1877, and for the corresponding weeks of 1876 and

1875, have been

as

follows:

22, 1817.

BMTBBBD BOB OOKBUXPTION BOB THB WEEK BNDIKG BEB.

1878

*

Pkgs. Value.
Manufactures of wool.... 1,503
$757,849
do
cotton.. 1,096
664,046
do
Silk
1,(83
673,391
flax

do

952

1,833

251,559

Pkgs,

s

Value.

958

$413,298

1,419

448,762
616,551
326,927
137,226

973

1,304
673

5,35? $2,002,764

5,040 $1,226,4^

6,740 $2,629,019

Total..-

163,369
13J.503

1,323

1877

%

Pkgs.
Value.
614 $287,574
846
286,636
524
357,901

252,201

Miscellaneous dry goods 1,201

1876

,

VlYBOaiWH BROM 'WAREHOUSE AND THBOWN INTO THB MARKET DURING THB
8AMB PERIOD.

Manufactures of wool....
do
cotton..
do
Bilk.
do
flax
Miscellaneous dry goods.

479
8t6

,

$205,^99
111,007
95,459
135,679
23,1139

93
617

6S3

6,740

$201,287
122.452

142,311
132,9:>5
52,136

1,145

$571,983
2,629,049

2.258

Add ent’d for consumpt’n

506
480
129
525

312
332
139

$128,214

559

97,902
113,841
136,276

1,783

32,610

2,785

$651,181
1,226,488

3,122
5,857

$508 843
2,002.764

do
do

cotton..

silk

7.825 $1,677,669

8,479 ;$2,511,607

flax

'

do

$309,924

119

45,634

5,165

$767,768

7,281
5,010

178,103

135,849
98.258

Total
2,984
Add ent’d for consumpt’n 6,?40

2,623,043

Total entered at the port. 8,824 $3,396,817

$247,121

663
604
117
732

795
627
Iv2
421

Miscellaneous dry goods..

*2

—

k:7*£t~'
©
C»

170,241
87,980
178,053
47,005
$7:30,400
1,226,188

453
263
91
373

$189,237

2,912

43,692

4 122

$481,569
2,002,764

5,357

74,488
92,507
81,555

[The quantity is given in packages wuen not otherwise specified.]
Same
Since
Jan. 1,*?7 4.ime 1876

£

Coal, tons
Cocoa bags
Coffee, bags
Cotton, bales
Drags, Ac—
Bark, Peruvian..
Blea. powders...
,

Cochineal
Cream Tartar...
Gambler

Gam, Arabic....
Indigo
Madder

Oils, essential..
Oil, Olive
Opium
Soda, bi-carb....
Soda, sal
Sodaash
Flax
Furs

5,152
4,001

250,021
655

433

109

'

Watches
Linseed
Molasses

10,918
165,116

3*735

4,272

8,594

179,437
8.615

Wines, Ac—

7,884
13,721

1,019 Wool, bales
*2<3 Articles reported by

3,914

Wines

88

$
155,122
10,646
85,335
70,095

value—

271

8,120 Fruits, Ac.—

....

5.803 Fish
754

Lemons

1,151

Oranges

Nuts
Raisins
Hides, undressed.
Rice

373

29,116

163
836

172
6 <5

H.136

7,901

..

15i2«0rH'',^Ojo25'»»oosoiX)»ao
*->x) 9t»m osnnan

r

a «Tf*

1

o

Grass seed...bags
Beans
bble.
Peas
bush.
Corn meal..bbls.
Cotton
bales.
H mp
“
Hides
..No.

.

28.696

2,172
14,129
39,419
45,579

Cassia

Ginger
369
Pepper
Saltpetre
500
82

Woods—
Cork
Fustic

Hop9

160,479

3,634 ’

34,382
4,974
87.015

Logwood

1,734

turp..bbls.

J Boot-

:S

w

03 co t*
*4 O'*’

4*

E,rg-»

it

254

23,3*21

31,796,

16,5*0
351,62T
25,541

160,801

fct

Pork
Beef
Lard
Lard

H
U

•

Rice
513,157 Starch
19,493, Steariue
251

655.045

kegs.
pkgs.
t

6

1%

Suiar

..bbls.
.hhds.

...1 Sugar

31,010, Tatlow

.pkgs.
4k

84r

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Spirits turp
Tar

855

21,09S

529,023

Crude

1876

744,781

sides.
hbd*.
bbls.
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Molasses
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9,092
10,468
14,941

Since ! Same
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Same

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52,739
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81,533

bales.

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156

Spices. Ac.—

Oil cake.... .pkgs.
,390 598
543,451 Oil, lard... ..bbls.
483,886 1,4^4.921 Peanuts....
1,821.109 7,904,421 Provisions—
840,611
766,300
Butter.... pkgs.

35,63t
13%611

—

•

receipts of domestic produce since January 1, 1877, and for
the same time in 1876, have been as follows :

“
Barley A malt “

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8,663

Receipts or Domestic Produce*

1,130

35*

to

411.538
.

29,292
60,367
193,427
195,915
145,052
121.792
286,442
302,921
2,011,650 1,318.268

Mahogany

Ashes
pkgs.
Breadstuffs—
bbla.
Flour
Wheat
bush.
Corn
“
Oats
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6,712

7,61:5

Since
Jan. 1,’77

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24

5,317 Fancy goods..

23,277
1,879

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13!

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890
50

Jewelry

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459
93

21.669

Dbis

4,597 Tea
S;099 Tobacco
541 Waste

181

Ivory
Jewelry, Ac.—

Steel....

3,610
12,202

Hemp, bales

Hides, dressed..

Lead, pigs
Spelter, lbs

140

689

1,419

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118,651
101,497
Tin, boxes.
4,426; Tin slabs, lbs.... 1,957,621 1,812,484
1,642 Rags
3,149
20,732
377,973 Sugar, hhds, tcs. A

518
235
74

JTS

r-t

19»

5,837

9,120

India rubber

3,036
42,5s9

2,721

Gunny cloth
Hair
Bristles

Hardware
Iron. RR. bars...

81*

1,522

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338,997
1,304
3,611

613
785
715
321

Hides, Ac—

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1,253

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China, Glass and

Buttons

.<•

Since
Same
Jan. 1,’77 time 1876

Metals, Ac.—
Cutlery

3,999

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2a»35r*
W£-iO<0«30*0
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1,012

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A

table, compiled from Custom House returns,
imports of leading articles at this port since
January 1,1877, and for the same period in 1876:

..

SO TO t-QO

w
©

9,479 $2,481,333

12,321 $1,956,858

The following
shows the foreign

1,367
3,152
49,977

TO

a

«D

EarthenwareChina.
Earthenware.
Glass
Glassware
Glass plate

’ yri TO OT tO

y © <5 O

Ci

Imports of Leading Articles*

^

CNr

i'»5iwOSiOii;»H'reO G -rH O I
to a) to ;o © — to to *<5 to «- «-< <
iO W ‘-C CO O
QO
Va ■

rrt
40

OJ-t-

ENTERED BOB WAREHOUSING DURING SAME PERIOD.

Manufactures of wool....

The following table, compiled from Custom House returns,
shows the exports since Jan. 1,1877, of leading articles from the
port of New York to all the principal foreign countries, the
totals for the last week, and also the totals since Jan. 1, 1877
and 1876.
The last two lines show total values, including the
value of all other articles besides those mentioned in the'table.

cf

5,040

8.99S $3,201,632

February 24, it 77.]

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