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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
NEW
VOL. 22
YORK, FEBRUARY
FinanoiaL
Financial.
National Bank-Note
(INCORPOKATKD NOVEMBEB,
No. 1
1869.)
lasae, against oasb deposited, or satisfactory guarantee
of repayment. Circular Credits for Travelers, In dollars
for use
the United states and adjacent countries,
aad In poumU iterUng for use In any part of the
world.
m
-WALL STREET,
NZrW YORK.
KneBATEBS or THX
Bnoratino ajtd Pbintdio o»
BANK-NOTES, STATI! AND BAILBOAD BONDS,
POSTAGE AND KETENtTE STAMPS,
OSBTinOATES, DRAFTS, BILLS OF EXCHANaE,
AND OOMMEBCIAL PAPEBS,
tpwUU
toft'
fuardt devised and patentect, to prevent counterftlting and alterations.
ALEXANDERS, CUNLIFFES A
CO.
London.
Sherman
MACDONOUbH, Vlce-Prea'U
I>. SHEPARD, Treasurer.
tJoLLKOTIfcUR
BROAD
Stocks,
ST.,
,
Cltjr,
NEW YORK.
County and Tonrn Bonds, and
BANKERS AND BROKERS,
Buy and
Aug.
BKOWH.
J.
WALSTOK
H.
BANKERS,
New
BBOWS.
York.
ATTKNTION GIVEN TO TUB NBGUTIA
TION OK
RAII.ROAI> SECrRITIKS.
Charles G. Johnsen,
MERCHANT AND BANKER,
21
New
Street,
Stocks, Bonds and Gold on cimmlsslon
on
deposits.
&
Company,
F.
No. 33
TRANSACT A GENERAL BANKING BPSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWBD ON DEPOSITS.
SUTDAK Gbakt.
Co.,
Gilley, Jr.
BANKERS AND BROKERS,
64 BROADWAY AND 19 NEW STRKBT,
P.
New York-
0.30X4259.
Order s In Government Securities, Railway Share*
and Konds, executed strictly on Commission, at the
New Ycrk Slor.k Kxcbange.
Particular attt'Dtlon paid to Investments. Foreign
Excliaugc Bought and Sold. Ueposlls received subject to sight check, and laterest allowed on dally
balancet), according to the nature of the account.
Prompt attention given to Collecilons and Remittances. Information coi cerning any specllled security
will be cheerfully furnished without charge.
K.B.GILLBT.
F. W. GILLKT. jKi,
Member N. Y. Stock Exchange.
NsLsoN Tappan,
Special.
FBBD. C. COLTOM.
SlOKBT E. COOKB.
Member N. Y. Stock Exchange.
Cooke & Colton^
BANKERS AND BROKERS,
44 BROAD STREET,
G. St. Jobv Shbtibib.
NEW
YORK.
Stocks, Bonds, Gold, Foreign Exchange and MIioellaneons Securities bought and sold strictly on
Samuel Shaw,
Commission.
BANKER,
And Dealer in Oonunerelal Paper,
66 DTALL STREET.
G. Amsinck
&
ISO Pearl Street,
New
(LtKITSD).-LONDOH.
Gargiulo
etc*
&
Co.,
BANKERS AND BROKERS
Co.,
Nos. 4
York,
LONDON AND HANSEATIC BAN!
LA.
&
W.
J.
TTALL STREET.
ASBNTS TOB TBB
ie« GRAVIBR STREET,
NBW OKLBANS,
AND OTHER SECURITIES,
New York.
No. 16 Wall Street,
BADKSBS AND BROKERS,
R.
BPCCIAl,
sell
Grant
Brown & Son,
SB Liberty Street,
Broadway and
luteresi allowed
QUOTATIONS FDRNISHED.
J.
CO., Liverpool,
EWEN & TUTTLE,
Na. 62
B. Undbbhill.
BROKEiiS m
STOCKS, BONDS, GOLD,
WilLIAK p. TDTTLB,
JOilHEWEN. JB.,
Member Stock & Gold Excb. Member Stock Ezchsnge
Now York Stook Exchange.
Special Attention to State,
Edward
(Members New York Stock Exchange.)
Advances Inade on Consignments.
HecnrUIes er defaulted Railroads for
whicb there Is no reeular market.
AUaVSTDS
MortKSg' security ellccled.
Commercial paper negotiated.
Pavable in London.
Bonds and Government Securities bought
give
POIHTS.
DRAW EXCHANGE ON
DAVID STUART &
and sold at the
We
.LI,
A-ndrew Stuart & Co.,
BANKERS,
34 PINE STREET, NEW YORK.
Secretary.
& Co
(st^'
SPJtCIALTY.
The Investment of Trust or other funds on FInt
Buckingham& Underhill
BANKERS,
C.
GXKBBAL EXCHANOB AND PavKINS BUSINBSS.
Pres't.
6 AVall Street.
INVEST-VENT SECURITIES
A
Grant,
Co.,
Maturin Ballou,
G. UvoKiNOQAV, Jb.
&
&
18 yew Street, New York.
Members New York Stock snd Gold Exchanges.
SIXTY DAY STEliLINO ON THE
MTASHING TON, D.
STOCK BROKERS,
SO
|2i0.000.
Special attention given to Collections, and to tb
Investing of money on flrst-clsss real eslate security
Jc GU., PAItlit.
8TERLINO CHEQUES ON
Communieationi may h» atMretsed to thi$
Company in any language,
Edward C. Fox
Capital Stock,
iniTNReB
GIBOULAB NOTXS AlTD CaXDlTB FOB TBAVBLKBS
CPR.RIKB,
OF DENVER, COLORADO.
No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TKANSFEliS ON
American, Boropean, West India Islands, Japan, &c.
JTNO. E.
The Exchange Bank
Co., Morse, Kimball
BANKERS,
&
John Munroe
Governments and Banldng Institutions—Sontb
A.
U. Collins, Caihler.
;
CONSOLIDATED BANK, LONDON.
H. VAN ANTITERP,
8.
THBY ALSO ISSUE COMMEKCIAL CKKDlTEk,
MAKE CABLE » TRANSFEKS OP MONEY BECORRBSPONUENTB.
Tradesmen s National Bank.^nd Glltnan, Son A Co.,
TWKBN THIS COUNTItY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON UKEAT New York Wells. Fargo & Co.'s Bank, San Franclveo.
BKITAIN AND IRELAND.
This Company engraves and prints bonds, postagt
tiamps and paper money for varioas foreign
J.
J.
Bbbbt, President.
for noD-resldonts.
Onltad States Bonds, Notes, Cnrrenoy
and National Bank Notes.
tn the highest atyl* of the art with
F. J.
No. S9 IVALI. ST., N. Y.,
Co.,
557.
Financial.
Brown Brothers &*Co.,
OXnCE,
NO.
26. 1876.
&
6 Broad
NEW YOlX.
Street,
Stocks. Bonds, Gold and Miscellaneous Secnrltiet
ought and sold
msU or
strictly
on commission. Orders by
telccraph carefnlly attended to.
:
THE CHRONICLE
ii
&
Drexel, Morgan
Co.,
&
Drexel
Drexel, Harjes
Co.,
National
all parte
nORGAN
paymeat.
iJoireHpondeiitfi.
Beoad
Notes
Circular
N. Y.
St.,
and
Letters
Selie;maii
St.
&
Co.
$6,000,000.
1,550,000.
-
Transact a general Banking business, issue Codi*
merclal Credits and Bills of Exchange, available In all
parts of tbe world. Collections and orders for Bonds,
Stocks, etc.. executed upon the niott favorable teruii.
— Oerman
Bank.
American
Kew
Orleans
;
New
Bank
FREIVK F. LOW,
(„.„.
IGNATZ 8TEINHART, 5 "*"»*"'•
P. N.
BROKER,
Cashier.
ATTORNKY-AT-LAW,
417 Olive Street.
ST. LOUIS, mcl
attention given
^^ SpeclaV
mUNICIPAL
to the coUectioa \
BONDS.
—
SaTannah, Georsla.
of
LILIENTHAL,
T. K. Skinker,
Dealer In Coin, Southern Securities and Exchange
Loans Negotiated. Advances made on Seonrities
placed in my hands for sale at current rates.
Address,
Issue
& W.
Authorized Capital, •
Pald-np and Resrrve,
James Hunter,
LONDON.
Morton, Bliss & Co
Agents, J.
raOBlL1t« AI^ABAITIA.
;
ST.,
Co.,
Special attention paid to rolled Ion«, with prompt
remittances ai current rateii of exchange on day of
fork Louisiana National Bank,
of Liverpool, Liverpool.
ATTORHST8 AND AGBNT8 OF
& CO.,
raessrs. J, a.
OLD BROAD
&
NEW TORK
BANKERS,
DOMESTIC AND FOREIQN BANKERS
3
JXO. W. MILLBR
B. D. WIL!.tAlI8,
Thos. P. Miller
Pari*.
aiMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office. 422 CaUromla
of tbe United Statei
& Co
THOB. P. VILLBR,
Bankbes,
N. C.
Boulerard HaniBiuanzi
81
Deposits received subject to Draft. Securities, Gold,
&c., uouelitauilsuld onCoinnilssiou. Interest allowed
on iieposit-^. Foreign Kxcbaiige. commercial Credits.
CMble Traosferi^.
Circular Letters for Travelers,
available ui all parts of the world.
No. 82
Bank, Anglo-Californian Bank
WILMINGTON,
0oUeclloD8 made on
1
Western Bankers.
A. K. Walkbr, Cashlet
E. E. Bbrbubb, Proa't.
First
WAE.1. STKBET,
COENBR OF BROAD, NEW YORK.
No.M SoCTB Thibb St.,
Philadelphia.
[February 26, 1876.
Southern Bankers.
Financial.
:
1
References J. K. Lienberger, I'rea't Thlril Natioa
Bank, St. Louis Wm. H. Waters. Pres't Second Ni
Bank. bt. Lonn Edward P. Curtis. Cashier Nat. BM
of the State of Mo., St. Louis Wm. H. Thomn
Cashier Boatmen's Saving Bank. St. Louis.
;
Credit
Travelers;
for
Commercial
the World.
also
CJredits available in all parts of
Negotiate First-Class Railway, City and
Make Telegraphic Transfers
State Loans
jf
Money
Sah'l H. Kxnnxdt,
;
New York
Cbas.
1
1.
C.
;
SonUi-
Insoracoe
DnpcY,
Cashier.
Naaaan
& Co.,
Tork,
Street, Neiv
CHICAttO HOUSE:
State National Bank
OF NEW^ ORLEANS.
HENBT OREENEBAaH & CO
m
(FOBUBRLT LotriBIANA STATB BAKK.)
Transacts a General Banking Business. Collections
made free of charge.
Especial attention gl^ en to Collections, and Prompt
Remittances made. Exchange purchased on all points
In tbe United States and Canada.
Sterling and francs bought and sold.
LoKDON— London
Houston,
We give special attention
on
all
acces-
DIIIKCTOKS: W. J. Hutchms, P. W. Gray, A.J
burke, Coi Kunis, W. M. Rice, C. S. Longeope.
&
Lichtenstein,
BANKERS,
Street,
B. F.
Special attention paid to the negotiation of
Com
NEW YOKE.
BO?TON,
Pearl Street.
70
&
8u.e Street
Co.,
Return Premiums
.
Konntze Bros,
W. K.MoALPiBK.Vlce-Pree
R. 8. Willis. Pres't.
U. KiKBALL, Cashier. N.O. Lauvx, Secretary.
t.
Texas Banking & Ins. Co.
GALVESTON, TEXAS.
Oa«li Capital,
.--.•
$300,000.
J. E. Wallis. M. Quln, E. S. Jemison
Ueo. Schneider, K. S. Willis, T. A. Gary, W. K. McAlplne, D. The Ayers, J. Bernstein, J. S. Grinnan, C. L.
:
Cleveland, Peter H. Rrkard, J. A. McKee.
Soeoial attention given to collections at all points
n toe State, and remittances promptly made, without
any diarge except custonfar rates of exchange.
43,140 90
Six Per Cent
Interest on the outstanding
Profits will be paid
Bankeri.
on and
after
TUESDAY, the 8th day of February, 1878.
Forty Per Cent Dividend is declared on
premiums entitled thereto for the
year ending 81st December, 1376, for which certU
cates may be issued on and after the lat day of
the net earned
April next.
The outstanding Certificates of Proflta
of tbe laaue of 1863, and Fifty Per
Cent of tbe Issue of 1863, will be re-
deemed and paid to the holders thereof,
or their
on and after TUE3DAY, the
8th day of February next, from which date all
legal representatives,
Interest thereon will cease.
V9 estem
I
92,509 49
.
$871,418 94
The
Certificates to be
,
preseated at the time of payment and cancelled t»
that extent.
By order of the Board,
LARAQUE, SecreUry.
EDWARD
BANKERS AND BROKERS,
ST. LOUIS, ino
63 CkEChange Place,
ALL KINDS ur
&OliTHERN AND niSCELLANEOUM
SECURITIES
47
20,923 27
TRVSTEES.
Levy & Borg,
McKim
.
The Company have the following AsBeta
United States Stocks
$504,?.^0 00
Bank, City & other Stocks. 180,715 00
Loans on Stock and Cash
14,280 28
due the Company
7£.,f0'i 00
Real Estate
HAMBURG.
IN
.
02
16, 93i 73
theCompany
,
AND DEALERS
.
$736,768
HOUSE IN KUBOPE,
JOHN BERKNBERG, GOSSLER ic CO
liROKBRS
.
$144,.3)I5
Salvage, Re-insurancc, Insurance Scrip,
Accrued Interest and other claims due
OOBRK8PONDBNT8 OF
International Bank of itambnreand
I<oadon, (Limited.)
Losses and Expenses
Certificates of
DIRECTORS
bills.
$37ii.9«2 36
have been issued upon Life
Premium Notes and Bills Receivable.
BANKERS
)
15, 18!
tbe affairs of the Company, in conformity with the
requirements of the Charter
Ontetanding Preminma, January 1, 18T5 $76,"41 84
Premiums received during ttie year
300,200 SS
CashinBanks
Leonard,
B.
BIJOKEISS IN
GoSSLER
&
New York Correspondent
FOREION EXCHANGE AND <iOI.I',
S4 Wrall Street, New Vork.
2,84i
President.
Cashier.
Berlin.
Hilmers, McGowgnSc Co
BOX
BBNJ. A. B0TT8,
York, January
DALIiAS, TBXAS.
SPKCLAL PARTNER,
DECJT80HE BANK,
WBHMS,
Adams
New York.
Malie Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of Credit
on all principal cities of Europe.
(P. O.
Texas.
to collections
sible i>oint8,
Knoblauch
Nbw
Tbe Trustees submit the following statement c
,
Capital, $500,000,
Per Cent Bonds,
Due 1890.
Mutual Insurance CoJ
No. 61 WILLIAM ST.
Risks, nor upon Fire Risks, disconnected with Marine Riska.
Darned Premiums to January 1 ISIG
t303,0S8J
THE CITT BANK OF HOUSTON.
7
NEW YORK
No Policies
Nevada Bank of San Francisco.
Deposit accounts received on favorable terms.
We oiler for sale a limited amount of
Broad
Joint Stock Bank.
Paris— Messrs. A. A M. Ueine.
Nkw York— Tbe Bank of New York, N. B. A.
San rsAKOisco— The Bask of California, and The
States.
Park
|
CORRESPONDENTS.
Lsene Bills of ExcbanKe, Travelers' and Commercial
Credits, also Telegraphic Transfers of Money, avail
able
the leading cities of Europe and the United
IVeat Ohicaso
OPFIOK OP THK
Capital, $850,000. Limit, $1,000,000.
(GoBNHB OF Wall Stbeit.)
134
Co.,
President.
Bros.
BANKERS,
merclal
81.)
*
\
;
Greenebaum
35
Box
;
AND DRAW EXCHANGE ON
MoETON, KosK & Co., - London.
HOTTINGUBK & Co., - - - PaEIS.
HoPK & Co., - - - Amsteedam.
I
(P. O.
Meters fo Ueorr Talmadge
ern Bank, Savannah, Ga.
Brothers
BANKERS,
Wall Street, N«w
&
DEFAULTED MISSOURI
COUNTY, CITY AND
TOWNSHIP BONDS MADE A SPECIALTY.
ALSO.
RAILROAD B0M08, STOCKS, MISCELLANEOUS
AND LOCAL SECURITIES, ETC.
Co.
Tork.
Our long experience In above class of Securities
enablas us to be prepared to make cash bide by wire
to paitles givln" full description.
Stephen Johnson,
Arthur Leary,
Henry Meyer,
Edward H. R. Lyman",
E. V. Theband,
Francis Hathaway,
Lloyd Aspiuwall,
B. P. Faiibri,
Qeorgc Mosla,
JOHN
THEO.
Gerhard Janssen,
John H. Earle.
L. Bayard Smith,
Charles Lamson,
fll
^^M
Henry
^H
flH
VH
^H
C. Hulbert,
Jacob S. Wetmore,
Richard Irvin, Jr.,
Israel Corse,
H. C. Von Post,
Qustav H. Kissel.
H. LYELL, President.
B.
BLEECKER,
'
m
'',
Jb., Vice-Pres't.
For the convenience of its cUPtomers. this Company has made airantjements to issue Policie? and
Cerii..CH,c8 i>.iy'i Ic in London at the banking house
of Messrs. L..:Mi\i roUN, CROSS & CO.
i
:
Febmajy
26, 1876.]
CHRONICLE
iflE
Financial
Ki
Flnanoial.
Financial.
VERMH.YE & CO.,
REAL ESTATE
BANKKRS,
MORTGAGE BONDS IttaiidlS Naeun
N«w lark.
atrcet,
GUARANTEED
THE
flV
Equitable Trust Co.,
Capital* 1.000.000.
on deposit*, retiimabli) on demand.
iliitcH. Ih a Jlhonzed to act. aw Kxccutor.
AlIow«
inttreflt
or ai spei^illeil
Anmlulutrtttcpr, (luardlaii, liecciver, or Ti ustce. Llke^lie l8 a le.al deponltory for money paid Into Court,
or by order of any surroKSie. Individuals, Firms and
sorletioB Becking Inconiu irom money In abeyance, or
And safety aad advanwge in thfa InBtltuiu, rest, will
"""'
HENKY
F. SPAULOINO, President.
Vice
B. SHKUMAN.
FKKDKUICK II. CUS8ITT. Presidents.
|C. H.P. BABCOCK. Secretary.
KXKQXJTIYE COMMITTE-h:
Amos K. Kuo,
D. Verniliye,
BRNJ.
(
(
.Ucob
Kredericii H. CossUt,
Isaac N. Phelos.
HenJ. B. bhernian.
Sam'l D. Uiibcock,
Martin Bates.
Edmund W.
Corlles.
BOARD OF TRUSTEES.
B'^njam n B. Sherman.
e TRe W. Lane.
Jacob D. Vermtlye,
Ueo. MarcullCL-h Miller,
Koswell Skeel.
A. A. Low,
Adrian Iselln.
D. ItaOcock,
iihan lliorno,
iiiol
•
N. rii'^lps,
.
M.FlHltf,
km G. Laudon,
ill
r
.iimd W.Corlies,
l.-ric*' II.ConBitt,
w iiiLkm H. Applclou,
()u-tnv Sihwatj.
J. Plerpont Morgan.
Percy it. t*yne,
Hates.
iViUtam Allen llotler.
limes P. Wallace,
ADUIAN ISELIN,
JAMKS A. RJ'»SEVELT.
KUOENE KELLY,
JOHN D. MAXWKLL,
OUSTAV H. KISSELL.
Trust Company, Noe.
U
5'2
&,
STOCKS
The
nndereigned
hold
of
REGULAR AUCTION
all
classes of
THE CITV OF NEW VOBK,
BROADWAY (t WAItREN
rAID-VP CAPITAL,
ADRIAN
THREE PER CENT Interest per annum
'tepottUt fiubjert to check at night.
Pm/f f OUR PER CE.yT Interett per annum
on
No.
Clinton
Company
sts.,
Brooklyn. N. Y.
UIPLKV RoPKS,
CHAS.
K.
President.
Vlce-Pres
t.
KDOA.B M. ClTLLKH. COunsCl.
TRUSTKKS:
Henry Sanger,
Alex. McCue,
Chaa. R. Marvin, A. A. Low,
At>m. B. Baylls, 8. B. ChUtenden,
.S.Eockwell,
V.C. SlngMfiy.
atin P. Kolfe,
homas SnlUvan, Dan'lChauncey, Kdward Harvey,
f.S.Pierrepont, Joslah O. Low, James D. Fish,
lobn Hatsey,
Alex. M . White.
Wm. R. BUNKER, SecreUry
B
19
^
I
I
%l
6c.
ANKEKS
Co.,
iondi
all
Na««an Street,
descriptions of
REPUDIATED
S.
|E.
65
UNCURRKNT
by CITIES and
Bonds, also
COUNTIES.
Bailey,
WALI. STRBKT
and Marine Tnanrance stock
and Scrip
"SPF.CIAI.1TY.»»
CMh paid at once for the above Secaritics
'1U
PINK STREBT,
NBW TORK.
STOCKS AND BONDS,
m
rices
f<tr l") years,
list
defaulted
Ailroads, Black Friday. Rkotehes of leading opera-
Oi«,and the meihoii of dealing on small sums of
loney. Copies sfiit free to anv addre»s, Draers fo*tocks and fto 'k privllegeii executed by mall and tele*
raph, collections made, money Invested, and infor
R 'en by
JOHN HICKIiINO
Bankers and Brokers, 73
WALL STREXT.
R, T. Wilson
BANKERS
2
AND
5c
Co,,
MERCHANT
€OlJ»T.
COMMISSION
EXOHANGB
made on conslgnmenu o(
Cotton and Tobsccotoonr address also to onrtrlenas
In Liverpool and London.
Liberal cash ndTances
Every Monday and Thuredav, or
Sfkoiai. Salks
DPOiJ
ONE DAY'S
Oar
Eatabllalied
tV
^'ork
;
Madb oh all othkb Days.
WHEN UBQCIKED
Custom 23 Year*.
9oTernnfent Securities, Gold, Stocks
lid Bonds
iNOTICB,
stocks and Bonds bought and sold at the
Stock Exchange, and at private
sale,
New
on commis-
B^.aglit
aud Sold od Commlsaioa, and
I.OANn
NEGOTIATBD.
AccoDQtsrecelTed and Interest allowed on baianen
vblch may be checked for at sitcht.
sion.
IW Securities not dealt In
at the Stock Boards a
many
years.
137' First-class Municipal Bonds, Kallrosd
Bonds
and other Incorporated loans negotiated on
liberal
Miscellaneous Se
JALDKNNo.CAYI.OKU,
(P.O.Box
Wall
New
•
\ nrk.
33
St.,
cnrlties.
l,^n). Special attention tilvuu tu St. l.ouis City and
County Bonds ; Miasourl County, City, Town and
School Bonds. Also, to the Bonds anil Stocks of the
V^V04AXyOi^»'%JCi}^
Atlantic « PftCltlc, Missouri
tollowlnK Kallroads
Psclflc, South Pacihc, Kansas I'aclllc, Denver Pacific,
North MlBBOUil. St. Louis Kansas Citjrft Northern.
Kefers by pernilsMlon, to Messrs. V/" 8. Plchols A Co
:
Ban Vers. N«w VrtrV
Railroad Bonds.
WHETHEB YOn WISH TO BUY OR
WRITE TO
BAS8I.br &
SELL,
CO.,
No. 7 XVmXX Street, N. Y.
72
tatiOD
Stocks,
GAS STOCKS,
Ca^ Co*
BANKERS,
; or the
be sold on conimia«ion. at eellera option.
ft
Beers, Jr.,
Dealer In Railroad snd Investment Stocks and Bonda
Banks, Bankers and InlEN AND IDIOMS OF WALL STREET
new page book elvinp the highest and lowest
surance Companies
of stocks
complete
of
4
N. T.
terms.
Neivr ITorlc.
Dealer in
'Ire
Refers by permission to Mei^srs. M. K, Jesup, Paton
Co., New York; Messrs. Soutter & Co., New York;
Jon. S. Norrls, ^ so,, President First National Baak,
Baltimore liobert Mickle, Esq., Cashier Union Nat'i
Bank, Baltimore.
ft
,
TRANSACT a general banking buBtness.
HBaL In Investment securUlcB.
ItUT
No. 43
specialty with this house (or
Amy &
H,
OOWXWJi. P/,/t^nEipft\K
48 PINE ST., N. T.
DIALBB IN
Securities ol Sol-rent and Defaulted
RR. Co*«, also State, Cltr and
Countjr Bonda.
TIME LOANS NEGOTIATED.
& Co.
I3r UKQULAR AUCTIOK SALES
MARVIN
BLAOK.
Brooklyn
in
loney.
'
1.
Martin Lewis,
SON,
stock AncUoiieers and Brokers,
$500,000.
authorized by special charter to act
s receiver, trustee or guardian.
It can act as agent In the sale or management of rea
state, collect Interest or dividends, receive rearlatry
nd transfer b')Ok8, or make purchase and sale oi GoVroQient and ether securities.
Itellglous and charitable Institutions, and perBOns
iiaccuBtouied to tlie transaction of buHluess, will find
Ills Company a safe and convenient depository for
TblB
&
7 PINE STREET, NBff YORK.
Albert H. Nicolay
rhe Brooklyn Trust Co.
CAPITAL,
H. niIJl,L,ER
on
pedal ilepotits reinamiiig fttx months or longer.
Acts as Trnstee for estates.
D. R. MANOAM, President.
.lOHN C. CKUIKSHANK, Secretarr.
Montage &
'^CW-Vot*''-
•
BOWBLL W. BIOELST
WEDNESDAYS AND SATURDAYS.
91,000,000,
Payt
Cor. of
BAVDOLrH.
WILLIAB
D.
DONALD MACKAY,
LATHAM A. flBH.
:
ST.,
Government Bonds.
Invested In United States
I
XDMUKO
I
|
'Room 3.
STOCKS AND BONDS,
con.
INTEREST ON DRPOSITS.
VEUMILYK.
T'A*".'"™?JAB.
A. TKUWBUIOOE,
BONDS
and
SALES
or
{
ON COMMISSION
President.
At Auction.
!
BBI.L
M William street.
JONATHAN EDWARDS.
THJl
I
BBOOELYN BONDS.
BUr AND
INVESTORS. RAILWAY STOCKS, BONDS& GOLD.
/frAt— They have the Individual llabiniy of the
maker.
tS'econd— E«ch bond la secured by a flrsC mortgage of
real estate of not Ichs than doubti* Its value.
Third~'V\\ii prompt payment ui both principal and
Interest of every bond Ik guaranteed by tnls Company.
The Company guaranteeing tnese Bonds receives no
depomts, owes no money, and Incura no obligations of
any character except tlioHe arising from such guaranty
thereby keeplug Its whole capital ol' one Million
Dollars unimpaired, TO MEET AT ALLTIMKh the
frouipt payment of both principal and luterest of
hese Bonus.
All mortgages securing the HondB are formally approved by the following Executive Board
fiqultablti
Charles Abernethy,
Henry F. Spauidlog.
,1
an>
1 hese Securities bear S iven Per Cent Interest pay*
able semiannually, and are ofiered for sale at one
liundrcd and two and liit< rest
the office of the
I
Wim«mH. W«bb,
David L>i>WB,
Manm
COIVSERVATIYE
UOVKUMMKNT
NEW YORK CITY
$1,000,000 CAPITAL.
THESE REAL K.STATK MOUTUAUE BONDS ARK
COMMENDED TO TilE ATTENTION OP
THE MOST
ROBERT L. KENNEDY.
SAMUEL WILLKT8,
WM. KEMSEN.
CHAS. BUTLER,
HENRY P. HAVEN.
Amos i^ K no,
Imrles (t. Francklyu,
UKALEItU IN ALL IS8DK8 Or
SSCDK1TIE8,
dc CO.,
liUUADWAT, M. T.
wishing to purchase OFFICE FUUNITDKK, w.llBnd
a auo assortment, at prices to suit the limes, at the
eiitabllshmeDt of
T. G. NEI.I.B1V,
103 Pulton
St.,
New York.
Fine Cyllader and Roll Desks a Specialty.
4
WALL 8TRKKT, NEW TORE.
Persons keeping acconnu with tu (cnrrency or folin
may depoilt and draw as they please same as wlUk Ult
hauKs, and will he allowed interest on daUy halaneaa
according to the nature of the aocotnt.
Orders for the purchase and sale of stocks, bend t
»nd gold will receive from us, personally, prompt and
earetnl attantlOB. F. O. Box 2.M7.
W. TBABK
A. M. KlSDBB. 0. W. MOLBIiLSB, Jb.
j
THE CHRONICLK
IT
Pay as yon
so,
icet
wheo yon
•t«p
what yon buy,
clioose."
H. C. Williams
IN LIFE ASSURANCE
till
I
you have eiamloed
Homams
KEW
PLANS devised by Sheppabd
the
Actuary, for
Provident Savings Life
Assurance Society,
IVESTERN UNION BWIIiDING,
NEW YORK.
Guaranty Cash Capital, S135,000,
Invested In V. S. Five-Twenty Bonds.
This SoeUtyteparales the Inattrance Part of the
the Meserve or Deposit Part, which
Utter is held merely for accumulatioa.
Premium from
This Society recognizes the Policy-holder tu owner
of the Reserve.
This Society, therefore, will either issue policies
OS the payment of uniform annual premiums, guaranUHng a specified surrender value for every year in
It
will furnish the
ASSURANCE
PROTECTION OF LIFE
at actual current cost for death claims
each year by itself, rethe close of any year without further
and erpenses qf management,
newable at
nudical exan^nation.
These Plans are indorsed by leading Actuaries
and State Commissioners, and also by the " Sodety
for the Promotion of Life Inmrance among Clergymen," James Brown, President; Howard Potter,
Treasurer.
For Plans, Rates, and Full Particulars apply
THE PROVIDENT SAVINGS
to
I.IFE
AS80RANGE SOCIETY,
WESTERN UNION BUILDING. NEW YORK.
GEORGE WALKER, SHEPPARD H0MAN8,
President.
Vice-Pres't and Actuary
Secarlty Against Fire
and Rebbers.
Central Safe Deposit Co.
No. 13 West 23d
Chew
Stocks and other Securities
receive personal attention at the New York Stock
Exchange. Good Rallnrav Bonds not regularly quoted, and those In Default of Interest made a Special Branch of Our Business.
We quote 88 follows—
Burl. U.
&
It.
Minn.,
do
do
Bid.
1st,
lat,
EO
6H<
2(1
'.!S
63
68
65
86
s:
70
69
69
81
Si
12
41
3J
&
Fulton, 1 St
Csnada Southern. l8t,conDon
1st, registered
(10
Central RR. of Iowa, Isf
Chesapeake & Ohio, 1st. 6s
Cairo
Asked
..
Milwaukee Dlv....
Minnesota Dlv..
8'I,7b
do
do
Chicago & Canada Sonthetn,
Chicago Clinton & Uubuque.
Chic. Dauvllle
&
do
S
Ist
38
20
I8t
Vincennes, Ist, Illlnnls Dlv. 41
Ist, indlaoa Dlv. 31
do
4a)<
^U
Danville Urbana B. * Pekln, Ist
42X
6a
Houston & Great Northern, Ist
iiouston de Texas Central, let, Main Line. .87
do
let. Western Kit. 85X
do
31
Flint & Pere Marquette, 1st, cons
75
EvansvllleT. II. & Chicago, 1st
100
Qrand Kaplds &. Indiana, HI, i,. (i , guar.
54
do
1st, Ex. L. (J.
do
S5
Indianapolis B. & Western, l8t
10
do
2d
do
do
Ist, Extension.. 15
do
47
65
89
InternatloBalltl!.. 1st
do
do
do
do
do
A
7
Missouri Kansas & Texas, :st
& Ohio, bterllng, 88, wl h cf
fi6
Mobile
S^
2.5
New
New
& Kock Island, Ist
Huron & Lake Michigan,
85
l8t;
17
2d
Peoria
&
73
20
13
23
12
58
41
41
2>
....
30
36
do
do
Northern Paclflc, 7 3-108. 1st
do
registered
Kockford K.
*
39
39
20
8s,ex-i:f
do
do
Interest. 88
do
MontclalrRR. of N. J., Ist
New Haven M, & Willlinnntlc, 1st
Jersey Midland, l"t
Orleans Mobile &C.. 1st
NewTorkA Oswego Midland.
....
15
12
21
11
16
1st
St. Louis. Ist
Minnesota, ist
Southern
St. Joseph & Denver City, Ist, K. D
do
do
Ist, W. 1>
Texas & Pacific. L. G
West Wl8con»lu, L. G., 1st
do
Interest payable la London
Bonner &
G. T.
17
16
55
10
9
50
12
7
20
40
20
4
19
II«TE§Tin:]KT SECURITIES.
and
Municipal Bonds a Specialty.
all
II
....
15
10
25
Co.,
Securities.
Thecorreepondence of Bankers and Brokers throughout the country solicited.
Southern
Stiitcs,
Funding
Acts,
In
accordance with their several
upon the mjet reasonable terms
VIRGINIA, LOUISIANA, SOU'lB CAROLINA
ISNNESSEE.
BROAD^VAV, NRIV YORK.
Smith & Hannaman,
INVBSTniENT BROKERS,
INDIANAPOLIS, INDIANA.
WANTED.
Virginia Slate Bonds.
New Orleans City, La Bonds.
City, Cat.,
FOR
Bonds.
Street.
THE NEW JERSEY & NEW YORK
RR.
(CoiiBoUUatixn of the Erie Railroad branch to
Uackeasack, ftDdcoutluuous roads.
$200,000 of Ihe First Mortgage 7 per cent
gold bonds haTing been uegetiated in Enrope lately,
ouly the remaining portion of $180,000 of the
bonds are oR'ered, at an advance in the price to 95
and interest.
The bonds will be re-purchascd at same price at
any time within one year, and contract ^iven to that
eftect, the company maintaining funds in trust for
ROLLINS BUGS. & CO..
that purpose with
Cor. Wai: & Broad stH., New York.
Offiok of thb Hannibal & St. Joskpu
ItAILBOADCOMPiKY. 18 HBOADWAY,
Nkw York, February 21, 1876.
INTEREST
rpilE
March
pany
will
k
nATIIRI|
FiFTKEN-YKAK
on the
1,187B,
CKNT CONVBRriBLB BONDS
r:lOHT-
aireet.
Com
of this
be paid on preientatlon of the proper
coupona at the Bank of North America, No.
New York,
on and
44 Wall
after WEDNESDAY, Marcl
JOHN
1,18;8.
P.
ACKKK,
Treasurer.
ClSOINNATI LaFATITTK & CniOAGO Railro
Company, Lapaykti-k, Feb.
23,
rpHE COUPONS OF THE
G. T.
BONNER &
To
KADO, will be releemed upon presentation at the
Treasury of the United Stales in the City of Wa-hlng-
JOHN JAY KNOX,
Bank of Rochester,
.1.'
locatedat hochestrr. In the Kldte of Indiana, is
closing up ttti htlalrn, AM note-holdf>r8 and other
creditors of eald us^ociatlou are therefore hereby notl
lied to present the notes, and other claims against the
association for payment. _AliTUUIJ C. COfi-.LAND.
January It. 1876.
President.
OTICE. -TH 5 NATIONAL MARINE BANK
located at ST. PAUL, In the Stute of Minnesota,
closing up Its adalrs. All note-holders and other
creditors of said association are, therefore, hereby
notified to present the notes and other claims against
the assoclaiion for payment.
O. B. TUBRKLL, President.
New York.
Capitalists.
!»;(>,
FI 1^1
IN
sums OP
Wanted
^2.000
for Applications
TO
now
ADAMS EARL, President.
York.
In
hand for
OK
RATK.8 OF IHTKREST.
already received
all
tiToO.UJO
|1,
Second Mortgagi
other holders to join them by deposltln
bonds with Central Trust Co., No. 14 Nassau st.
D. B. HALSTKAD, Chairman.
H. P. Dkohkrt, Secretary,
133
Chambers
street.
Pbnnsylvania Kailroad CosrPAifT,)
Trkasurek 8 Departmb-kt,
\
2,
18T6.
l
TO ST<iCKHO«.l»EUS.-TH
NOTICE
Board of Dirertors has this day
ilecliired
TWO
QDAKTKKLY DIVIDEND
of
PKK CtNT <
the capital stock of the Company, clear of all tare
payable on andaf'er FeOrnary29 to stockholders,)
registered on the books at 3 P. M., January 81.
BUTlkK, Treasurer.
JOSIAII H. REElP,
the stoctholde
Company,
for the chol'
of Directors for the ensuing year, aad the transacth
may
of any other business that
legally
come
befo
the meeting, will be heldjat the ottlce of theCompan
42 Eiiultable
March
S. 1876,
BulUlng, Bos on, on
at 10 o'clock,
WKDNKSUA
A. M.
Stock transfer-books will be closed after
DAY, February 26.
Street.
and
of the Union Paclttc Kallr.jad
No.
EDern valuation reliable, and not over 40 per ccn
preseut actual value required
Thirty years* acquaintance with Chicago
rererences of the highest character.
their
street.— Having
Mortgage Bonds and
PANY.— The annual meeting of
¥150,000,
FIRST-CLASS CHICAGO PROPERTY,
20 Nassau
Co., No. 41 Cedar street, Ncr
BAYAkD
FIRST inORTGAGE LOANS
AT INVITING
Kennedy &
TTNION PACIFIC RAILROAD COM
SC>00,000
Comptroller of the Currency.
S.
PlllLAi-ELPmA, Februai-y
CO..
20 Broad Street,
.
Messrs. J.
request
SAI.E.
Louisiana State New Consol. Bouda.
South Caroliua State New Consol. Bonds.
New York t Oswego Mid. I!R. First Mortg. Bonds.
New Jersey & New York ItU. Consol. Bouiis.
BANK OP
BEDKOBD, IOWA, ihe FODRTH NATIONAL
BANK OF CHICAGO, ILLIVOI8, and the MINERS'
NATIONAL BANK OF GKOhOKTOWN, COLO-
3tit, I87S.
MORAN,
A.
40 Wall
r'lrst
]
Sated December
DANIEL
Liberty
,
Sacramento
'rME 'ciii7'6i.'A'riN«
T I c olK the- PIK8T
NONOTES
NATIONAL
is
FOR SALE BY
WAT BB-OBGANIZATION COMMITTl
BONDHOLDERS. Meeting Of October 21,1815,
Alabama State Bonds.
TSKAStJRY DKPAKTMBNT,
OFFIOB OF COMl'TROl.LKK OK TUB CUBRBNCY,
IBRBNCY,
[
WA81IINHT0N, Kebruary
National
Interest April and October.
Principal due 1895.
AIL
^EVr JERSEY miDLAND RA|L
;
T\I OTICE.— The First
BONDS.
MOBTOAOa bonds of the Cincinnati Lafayetti
& Chicago Kailroad Company, due 1st March, 187G, vll
Funding of Southern State Bonds.
We are prepared to fund Bonds of the following be paid on and after that date, on prcseatalloD
possible;
FINANCIAL AGENT OP THE CITY OF HOUSTON, TEXAS And
UNITED STATES CENTENNIAL COMMISSIONER FROM TEXAS.
OF FIC KS:
tOB.D.C.
$50,000 BUPPALO CITY SEVEN PER OB
17
Bonds and Investment
descriptions of
Principal daa 1903.
t
Texas Lands and Land Scrip for Sale.
39
,
January and July.
60
BANKEBS AND BROKERS,
No. 20 Broad Street, New York.
change.
Dcatera In
Vork.
$50,000 ROCHESTER CITY SEVEN PER
CENT WATER LOAN BONDS. Interest
85
80
78
&
No.
No.
Wall
4
17
60
75
Lake Superior & MlsRlsaippl. Ist
LogansponC. & Soutnwpsiern, 1st
I'ort
60
40
12
R. i;ti.ey.
Street, New
Avni.
105
N., unfunded
1st, 7s, M.
do
..7i
Ist. 7a. J. ft J.
1st, 68, Feb
Aug., funded. 72
Ist, ('8,J.&D.
do
.71
KaniasFacmc,
WANTED.
Connty, City and Town Bondsof Ills., lowaand Wis.
Claims on Jay Cooke & Co.
New Jersey Midland Railroad Bonds.
N. Y. & Oswego Kailroad Receiver's Certificates.
Danville Urbana & Bloomlngton Itallroad Bonds.
81X
.
.
FOR SALE.
Louis Gold 6 per cent Bonds.
Cincinnati 7s and 1M Bonds.
Cleveland 6 per cent Bonds.
Louisville 6 and 7 per cent Bonds.
St.
SS
80
. . .
CO., No. 48 Wall
INVE<TMENT BONDS.
STATE, CITY* BAII.1VAY BONDS.
stocks, Bonds, and Government Securities hougnt
and sold on coininUslon at the New XoT<i. Stock Kx-
SIALBB IS
Texas State, Railroad, Comity
ISELIN &
A.
DBALBBS IK
I'KR
(Maaonlc Temple Building.)
under guaranoffices for Banks and Bankers out uf the
Private
tee.
city. Separate rooms lor La(:y Patrons.
KLLWOOD K. THOKNi', President.
Oaice hours, a A. M. lo 6 P. M.
J
Indiana Central Railway Co. Conpons,
DUE JANOARV 1, 1876,
WILL BE PURCHASED BYj
Street,
SAFE KEKPIKQ OF VAXUABLK8
C.
Co.,
Orders for
THE
cash; or
&
BANKERS AND BROKE IIS,
49 Wall Street, Now York,
COMMON SENSE AND FAIR PLAY
I>o not Assure your Life
Financial.
Finanoial.
Financial.
**
[Febraary 26, 1876.
SATP
SIDNEY DILLON, President
K. H. ROIJ.lNS,.SecretarT.
City
BoBTOK, February
4, 1816.
II
mm0^
xmtk
s
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL.
SATURDAY, FEBUUARY
22.
CONTENTS.
that they believe that the transition
of
193
Mr. Chilieiidcii and the Elasticity of our HiinkiriK System ..
Cotton Crop Kstiniato of the
AgrlcaUuralBurean
The Relations
I
,
Rcetiniptlon
I
the
News
I
I
specie
•
THB BANKERS' OAZKTTE.
Money Market,
U. 8. Securities,
ment
Banks, etc
ynotatlons of Stccksanrt Bonds
I
Railway Stocks, Gold Market,
Foreign Exchanec. New York
"ankx, Boston Banks,
'n'^
Ihiladelphia Banks. National
I
New York
Local Securities
810
JIO
313
C"tl<'n
BreaostoSr
I
^
Prices Current
1.
basis,
A general resumption of
alike indispensable to the reinstate-
of our financial affairs
to the
On
Commerce
and enduring
and activity in
renewed success in all
upon a
safe
restoration of confidence
the pursuits of commerce.
2.
For the attainment of
this
by the law of 1875, and the requisite ability on the part
of the Government to redeem its legal tender notes in
tl)e €\)xon\c{t.
'f
is
of
end two things are needful, namely: an unalterable purpose on the part of Congress and the people to abide
Dry Goods
I
I
payments
Chamber
every branch of industry, and to
ao«
THE COMMBKCIAL TIMES.
Commercial Epitome
I
of these questions the
201
201
Investment and State, Oily and
Corporation Finances..
|
first
expressed the opinion "that:
Kows
Bnglish
Commercial end Misccllaneoas
1
effected
of our currency reformers have sometimes feared.
to
LalestMonetaryaud Commercial
l
|
195
Govcrnmont
Preferred Railroad Stocks
,
l!)l
of
Finance
I
may be
without the formidable dangers which even the soundest
THB CHRONICLB.
What do our Merchants think
NO. 557.
26, 1876.
BE Commercial and Financial Chronicle i» issued onBtUur- coin at the time appointed in said law. 3. This ability
d(iy morning, with the latest news up to midnight of Vriday,
must be acquired in one of two ways either by an
TBRIIS or SUBSCBIFTIOH-FATABLB IH ADVANCE,
increase of gold in the public Treasury prior to January
:
Tub CoMMEKciAL AND Financial Chroniclb,
-
1
delivered by carrier to city
and mailed to all others:
For One Year (including postage)
For Six Months
.7..
ibscrlbers,
*!0 2^
fl 10
Subscriptions will lie continaed until ordered stopped by a written order
r at. the publication
The Publishers cannot be responsible for Remitoffice.
ances unless made by Drafts or Post-Offlce Money Orders.
AdTertlnetneiitH.
Transient advertisements are published at 25 cents j)cr line for each
when delnite orders are (jivcn for five, or more, inserl ions, a
liberal dipconnt is made. No promise of continuous publication in the best
place can be Riven, as all advertisers mast have equal opportunities. Special
Notices in BankinK and Financial column 60 cents per line, each insertion.
insertion, but
I
i
London
authentic report of
Office.
The London office of the Chboniclk is at No. 5 Austin Friars, Old Broad
street, where subscriptions aie taaen at the following rates
Annual Subscription to the Chronicle (including postage)
£2 2e.
:
Six months' subscription
wiLUAX
1 iiiN a.
DANA,
riMTD, JR.
B.
1
WILLIAM
I
B.
79 and
(
Ss.
DANA & CO., Publlsb«r«,
81 WiUlam Street, NEW YORK.
Post Omoi Box 4 S9S.
tW A
cents.
neat file-cover is furnished at 50 cents; postage on the same is 16
Volumes boundforBubscribersat$l 50.
complete set of the Commercial and Financial Chronicle— July
date— is for sale at the office. Also one set of Hunt's Mxroh ants
H'" A
'
161)5,
to
Maoazine, 1839 to
I
1811, sixty-three
1, 1879, or by a material decrease, in the meantime, of the
volume of United States notes in circulation."
This testimony from so eminent a mercantile body is
in complete harmony with the course adopted by the
m.ajority of its members during the whole of the inflation
It would be an interesting and useful labor to
period.
compile a book containing in a biief, condensed form an
volnmes.
^^ The
Business Department of the Chronicle is represented
rinancial Interests in New York City by Mr. Fred. W. Jones.
among
all
the chief discussions of the cur-
rency question which have been carried on by our New
York Chamber of Commerce since the passage of the
law of February 25, 1872. Such a record,
prepared by a competent hand, would not only add
important information to the annals accessible to the
public, and throw light upon the paper money period
of our National history, but it would tend, with other
legal tender
if
well-known evidence, to confirm the statement we have
often ventured to make, that, among the solid, conservative, intelligent masses of our citizens, there has never
WHAT DO OUR MERClIAtiTS THINK OF RESUMPTION
been any temporary conversion to paper money heresies
To this oft-repcatod ijuestion, the New York Chamber such as is in some quarters aflirmed. But it is no part of
J
meeting ou Thursday, gave an em- our present purpose to explore these past records. W.i
inflationists, in trust that the task will be taken up by some of the
and out of Congress, liave been continually .iffirmiiig gentlemen who have had so active a part in the debates
of
Commerce,
phatic answer.
that,
'
at its
For a long time past the
the business of the country, the
movements of
capi-
and the activity of indu.strial enterprise, arc all
impeded and paralyzed by the approach of specie payments.
Some go so far as to attribute to the same
cause the panic of 1873, which was notoriously the
result of inflation and expansion, as were also most of the
panics of the present century.
The meeting of Thursday
cannot fail to have a wholesome influence on public
opinion.
It will show that the merchants of the most
important commercial city on this continent believe
tal
J
!
resumption practicable iu three years
;
and, secondly,
themselves.
regard to the meeting of Thursday and its resolutions, they were passed unanimously, with the exception
of the first, to which there was one dissentient vote.
AN'ith
Two
principles are
embodied
First, that the pressure of the
in
this financial
creed.
maehinery for resumption
upon the Trea.sury as its turning
must be strengthened
new burden which is about to be throMrn
will be concentrated
point; secondly, that the Treasury
so as to bear this
upon
it.
Not
content, however, with this general decla-
ration of principles, the
Chamber of Commerce go on
,
THE CHRONICLE.
194
[February 26, 18.6.
For example, they propose of obtaining a revenue for the redemption of greenback^.
by Another was the proposition to compel the National
paying off a part beforehand of the greenback issues. banks to hold from one-half to two-thirds of the legalAs these greenbacks will become, on the day of resump- tender notes issued at any time by the Treasury. A
tion, demand obligations payable at the Treasury in third projiosition was to give authority to the banks to
to prescribe specific details.
to lighten the burden of the Treasury in resumption
gold, it is obviously the part of prudence to lessen raise the rate of interest, foj the jirotection of their cash
beforehand the amount of greenbacks which will be reserves, to a point above the legal maximum of 7 per
likely to be presented for actual payment.
Some cent. It is unnecessary for us to examine any of thesi
of the most shrewd and experienced bankers in collateral points. The main topic of public interest in
the Chamber declare that if this expedient of prior connection with the meeting is, that however much sonn
redemption be well used, the amount of greenbacks other classes of the community may doubt the practicawhich would be presented when resumption begins could bility or the safety of resuming specie payments under the
be reduced to a very insignificant sum. Still, to be fore- law of January, 1875, the New York Chamber of Coiti
armed against all emergencies, it will be absolutely merce holds early resumption to be not only safe but
necessary to accumulate in the Treasury a gold balance necessary " to the restoration of confidence and activity
for the specific purpose of resumption.
It is often said in every branch of industry, and to the renewed succc^that the Treasury balance of coin is at present insufficient of all the pursuits of commerce, as well as to the rehabili
for the general obligations of the Goverilment exclusive tation of the public credit."
of the greenbacks.
If this be true, the coin balance must
be augmented till it becomes adequate and rises to the MR. CHITTENDEN AND THE EUSTICITY OP OUR
SYSTEM.
level of these obligations.
Nor is this enough, but in
We have frequently illustrated the elasticity of tin
addition the Treasury must accumulate a further sum in
gold coin for the specific purpose of specie resumption. banking and financial machinery of this country, am
Some of these important questions are met by the have called attention to the importance of this quality
Chamber in various resolutions, of which the following forecasting the probable future of the money markei
UUm,
ii
Under the changing
are the most notable:
"9. Nothinjj can possiLly be gained by deferring to a later
period tban that now fixed by law, the redemption, with coin, of its
legal lender notes by the Treasury; for statistics conclusirely show
a balance of trade against the country, ever since the war, in
excess of the annual product of our mines.
"10. Under such circumstances, every attempt to board' gold
in the Treasury, or in the banks, by draining the market of its
scanty supply, will serve to enhance the price, and, by diminishing importations, curtail the receipts of the Custom House.
"11. In like manner the natural effect of any change in the
tariff, which tends to swell our importations, will be to accelerate
our export of coin, unless the intended effect be neutralized, as in
the other case, by an advance in the premium on gold, or counteracted by increased exports,
" 13. By a timely exercise of the power conferred by the existing law of Congress for resumption ol specie payments on the Ist
ol January, 1879, tlie Secretary of the Treasury may negotiate a
suflScieiit amount of bonds abroad to meet all extraordinary
demands for exchange, lo check the outflow of specie, and to
recuperate the National fund, by a temporary retention at home
ot the whole product of our mines."
be observed that the Chamber of Commerce
no opinion as to the amount of coin which will be
necessary lo accumulate in the Treasury before resumption.
Mr. Chase is said to have had the notion that
little if any coin balance in the Treasury woulH be
required to counterpoise the greenbacks and to render
them convertible into specie at the time of resumption.
Very few people entertain this belief now. Some fix
It will
new
forces connect
was briefly but suggestively discussed l>y
Mr. Chittenden a few days ago in his speech on the
currency question in the House of Representatives. .A
long and successful experience as a merchant in this cit}
cial
'
•ffers
iufl'ience of the
ed with the approach of specie payments, too muel
attention can scarcely be given to this side of our finiui
system.
It
given to Mr. Chittenden rare opportunities foi
acquiring practical familiarity with the gieat operatioiir
of commerce and trade as related to the money market.
has
Without such
.
1
practical knowledge, theoretical studies oi
scientific resources or inductive sagacity will
man
and safe
a competent
never makes
financial reformer.
Whetbei
Mr. Chittenden has derived as much advantage as he
might from the facilities he has enjoyed, we do not undertake to say. What is more to the purpose is that he haf
rendered, during
many
years, signal services to the cause
of currency reform, both in Congress and elsewhere:
and his opinions, even where they are not approved,
j
|
be received with general respect. In his
late speech he presented some important and ratheii
novel views of our currency system, and of its probable;
His chief argument wafj
movements in the future.
seldom
fail to
that if the greenback currency were withdrawn the|
the needful coin balance as high as 400 millions, and very National bank system possesses within itself a fund ol
few set it down at less than 200 millions. Very wisely elasticity which, even under existing laws, would enablt
the Chamber of Commerce refrains from exploring a it fully to meet the wants of business, and to supply al
question on which there is such a wide disparity of the currency that is really needed or can be profitably
i
judgment and where opinion is little better than conjec- used.
ture, because there are so few facts by which to guide
In illustration of this proposition, a sketch was given
it and to make it intelligent.
Another point on which of our currency system and of the various changes it has
the Chamber is silent is the proposed use of silver coin, undergone, both before and since the war. The greenwhich has been so much agitated of late. If, as many backs he described as being the temporary element
persons believe, the Treasury of the United States,
spending 15 millions on silver coin, has been wasting
in
its
strength instead of conserving it, and if the contemplated purchase of 15 millions more of silver would only
add to the evil without carrying forward the work of
resumption a single step, then it would appear that
the Chamber of
Commerce ought to have given
some attention
will
to this subject.
do so at an early day.
It
is
forced
into
deferred for future consideration. Among these was the
reimposition of the tea and coffee duties for the purpose
currency
system
by the
military
Government. As to the banks and theii
currency, the efficiency of these more permanent parts of
the financial machinery of the country was to be realized.,
he said, by no other means but by an early resumption
of specie payments. Every bank note in circulation in
of
this country is supported by bonds, and the security
As the
is worth more than its face in gold.
fundamental requisite of a paper currency was thus provided for by our National banking system, the way was
clear for adding the next ess6ntial, namely, the auto
hoped that they the note
Several other details were
our
necessities of the
1876
February 26
THE CHRONICLE.
J
195
matic expansion aad contraction of the volume of the COTTON ClOP EgTIHATE OP THK AGEICOLTORAL IDRBAD.
One
in harmony with the wants of business.
Nothing could be more useless than a petty conflict of
of the obstacles to this expansion, as wo have often dem- opinion with regard to crop reporting; and yet it is
onstrated, is the qualified legal tender power which impossible for any plan to be perfected, except by criti-
bank notes
has been given to the bank notes. This evil is, however,
in part, counteracted, and its effect on the expansion of
the currency has been kept in check by the operation of
the Redemption Bureau,
whose salutary
influence on the
currency has been very conspicuous and has fully justified the high expectations that were cherished regarding
According to Mr. Chittenden, however, the greenit.
back issues are the chief element of disturbance in our
currency mechanism, and he favors a much swifter and
more active process of contraction than is usually advocated
by our soundest currency reformers. Two safewould prevent the mischiefs usually
guards, he thinks,
anticipated from severe
currency contraction
First,
:
and in all
commercial nations, is capable of transacting an immense
volume of business with a very small amount of currency; and all modern improvements in banking tend to
bank system,
the
as organized in this country
increase these economies in the use of actual cash.
ondly, our national banks are
now doing
therefore, of helping on the
of the top crop.'''' On the 10th of December
another instalment of the same report was published,
having in it this sentence " This renders it almost certain
Sec- piekiny
business un-
der a free banking law which allows with proper restrictions
For the purpose,
good work, we have, from
time to time, taken exception to some misleading statements of the Agricultural Bureau, and now with the
same intent propose a brief review of the final report
But
of the Bureau, issued in pamphlet form this week.
before doing so, a Liverpool criticism on some remarks
of ours concerning a previous error, makes it desirable
to go back for a moment to the November report.
In the CiiEONicLK of January 15, we showed that the
Bureau had done much harm (inadvertently we must
suppose) by making public its November document in
First (on November 15) came the pertwo parts.
centages showing a crop a little less than 3,900,000 bales,
with the sentence added that " these figures point to a
small advance upon last year's aggregate, if November
and December should be favorable to the opening and
cising the defects of present methods.
an expansion and contraction of the cuirency
re-
:
that the crop will pass the limit
demands from commerce and we claimed that
of four million
bales."
Now,
was a gross wrong not to give the
In summing up these arguments, he says
trade.
public both of these statements at the same time, if they
"
wish to call your attention to the fact tliat with legal tender were in the same report.
And yet here comes the lavernoleB withdrawn we are sure to have currency enough under
existing laws. More than two thousand national banks now pool Post and says
doing business, and new banks without limit, are at liberty to
"
sponsive to
all
legitimate
it
:
I
:
issue all the currency that can be profitably employed, whenever
and wherever it ig needed and called for by legitimate commerce. This is the law, and it is rinht. The facts ot history
demonstrate and show conclusively, if experience proves anything, that we shall never find a basis for confidence and fresh
enterprise until we have largely contracted our currency. In the
crisis of 1837 the banks of the State of New York suspended
specie payments on the 10th of May.
To save their charters they
were compelled to resume on or before the 10th ot May, 1838.
They did so resume, and in doing it they contracted their issues
fnm $25,500,000 on the Ist of January. 1837, to |13,000,000 in
round figures on the 1st of January, 1838.
" The banks of the whole country Mspended again in 1857,
and resumed generally in the following year and it is important
for our purpose to compare the contraction and its immediate
consequences in that crisis with the inflation which followed the
panic of 1873 and ils consequences.
The paper circulation of the
In these remarks the
tion of the
Bureau
Ceboniclb reiterates the misrepresentawhich we drew attention a short
reports, to
time back, while the offence
letter of
is
repeated in the face of Mr. Dodge's
expostnlatioii against the original misrepresentation.
statistician did not issue two reports, one on the lath Nov.
and another on the 10th Dec. Only one report was published,
A telegraphic summary of the
and that was dated Dec. 1.
advanced sheets was sent to New York on the 15th, but no
estimate of the crop was given, and the purport of the report
The
teas perfectly intMigible to txiery
one capable of honestly interpreting
it."
;
was $215,000,000. In 1858 it had contracted
loans in 1857 were $686,000,000 in
Here is contraction of $59,000,000 in circula
1858, $583,000,000.
tion and
102, 000, 000 in bank loans, an aggregate of |161,000,000
wliole country in 18.57
to $156,000,000.
Tho bank
;
If
the readers of the
Liverpool
Post
deceived, they, of course, have the right.
however, that
we do
like
to
be
Remember,
not say there was any intention on
All we charged was
the part of the Bureau to mislead.
by giving us one set of figures on the 15th of Nov.,
and another on the 10th of Dec, both from the same
It is a maxim sanctioned by high authorities that to
report, it did a gross wrong; and if any ane had placed
know the disease is half the cure. If this be true in the
any confidence in the figures, they would have done
maladies of the human body, it ought to be especially so
For illustration, let us quote what
incalculable harm.
in those of the body politic; and if we aspire as good
the Liverpool Post said when the first instalment of this
citizens, to do something to relieve the financial situation,
report was received there. Now, we see it states that
one of the best means of success is to explore with
what the Bureau made public was " perfectly intelligible
earnest zeal the present and past condition of our banking
In its
to every one capable of honestly interpreting it."
mechanism, and to become familiar with the real facts as
issue ©f Nov. 17, we find its "honest," "capable"
As the best
•een in every light and from every side.
opinion as follows:
{thysicians in this city rest their high reputation chiefly
" By two different methods of calculation, therefore, we get the
on their skill in diagnosis, so the most useful and eflScient
Bureau's estimate of the crop as from 3,858,000 to 3,901,000 bales.
of our financial reformers are those who have most
We are not surprised at this result, because ever since June last
dearly and profoundly explored the real nature of the we have maintained that tlie crop would not vary greatly from
disease which affects the banking and financial system 3,900,000 to 4,100,000 bales a little more than 4,100,000 with a
of the country.
There is no doubt that the evils likely favorable season, and a little less than 3,900,000 with an unfavorconsiderably, but
to result from the currency contraction which may be able One. Since then, the weather has varied
on the whole has not been either very good or very bad. As matneedful for specie payments have been much exaggerated.
ters now stand, therefore, the crop is not likely to exceed 4,000,000
Mr. Chittenden has done a service to the community by b'lles. A literal interpretation of tbe Bureau report gives only
calling attention to this circumstarce, and by exhibiting 3,901,000. This circumstance not only confirms our estimate of
in a clearer light the elastic energies of our banking sys- the crop, but endorses our method of interpreting the previous
tem as a remedy for such evils as may flow from the reports of the Bureau, our calculation published on the 16th of
being 3,932,000 bales."
inevitable contraction which the great and salutary work last month
of resumption in some of its phases may actually bring
This is what the Bureau, by its report, issued Nov.
with it.
16th, made this " capable " and "honest " editor beij;
in
that
one year."
;
—J
:
THE
196
lieve.
CHRONICTLE.
Besides, in Liverpool they did not have the last
(February 26, 1876.
December
loss of
is cited as a cause of diminished yield, by the sudden
long delayed fruitage by violent storms. These factsj
was in the telegram as published in all
make it difllcult to estimate the extent of the depreciation fron
our American papers of the 16th November, to wit
unfavorable weather. Three per cent ought not to be unreasonJ
" These figures point to a small advance upon last year's
able, and this would leave 4,100,000 bales: if four per cent,]
"aggregate, {/November and December should be/avor- 4,058,000 bales: if only two, 4,143,000."
" able to the opening and picking of the top crop.'''' Had
will pass by the fact that heretofore the monthH
that sentence also been cabled over, and any considerable figures have been represented as being a comparison witl
sentence, which
We
confidence been placed in
it
and
in the figures given,
" a crop of full vitality and nominal growth," and ao
cept the change in interpretation, making them simplj
thus the trade remained without any knowledge of a comparison with last year's crop. It is of no conse
there being any contrary facts in the report until De- quence to the trade what the standard is, so long
cotton would have advanced at least Id.
per pound.
And
In the meantime it had been raining floods it is known and fixed.
But the actual October confl
over the South, and especially in the South- dition was reported by the Department in 1874'
West where the most of the crop was grown ; so that as average 71, and in 1875 as 88.
The condition
if November Ist showed only 3,900,000 bales with a averages, in the above quoted paragraph, were ob-
cember
10.
of water
all
"favorable" picking season, December 10 could not have tained by taking a general average, each season,
delivered more than 3,800,000 bales at the very outside. of the five monthly averages June to October. The
Yet, on December 10, comen the further statement, a defect in this method was shown in our cotton report,
part of the same report, showing that these November January 29th (page 114), and the writer of the report
percentages were not probably right, for certain facts, it seemed partly aware of its impropriety, for he says:
—
then, for the
"
it
time, gives to the public, " render
first
almost certain that the crop will pass the limit of
" 4,000,000 bales." In this connection we should remember that the circumstance whether this crop was over or
under four million bales was all important. If it was
under that figure, there was a clear deficiency in the
world's supplies, but if it reached it, many good judges
thought that spinners, under the dull trade and poor
prospects of business, could work along. In view of all
these facts, then, we can only say that if the readers of
the Liverpool Post prefer to have crop reports thus doled
out to them, they are welcome to their exclusive use; but
we think our readers will unite with us in the hope that
the Bureau will not again put the trade in such a position, for many do not judge the act as charitably as we
" The record of condition for five months, from June to October,
furnishes another important element in the calculation. It would
not do in every season to rely upon an average of condition for
the season, especially
if
there was a continual
in the record of one season
upward progress
and a downward movement in the
with which the comparison is made; but the past two
seasons have a substantial agreement in that respect, and the
averages of each ought to bear some relation to crop prospects in
other,
October."
Not
It will not
so.
do
in
any season " to rely upon
an average condition for the season." If the condition
was excellent, or 100 through all the months prior to
October, yet in September a deadly blight had destroyed
to 50 on 1st October, that would
and
so, in any season, the condition
be the condition;
must be absolute and
produced,
however
October 1,
antecedent condition,
any
by
changed
be
cannot
do.
part in producing
their
had
in
succession
these
although
Let us now turn to the last report of the Agricultural
Bureau, the one for January and February, 1876, and the condition of October.
Taking the actual conditions for October, as reported
compare the facts there given with the conclusions
reached.
The article in it, bearing date for the end of by the Department, as 71 in 1874 and 88 in 1875, and
applying its own rule of proportion, above quoted, we
December, reads as follows:
" It is our aim to give as accurately as possible the history of find that as the crop of 1874 was 3,833,000 on an October
the crop, and not to make bets on the actual result, or attempt to condition of 71, so the crop of 1875, on an October confix to a bale the amount to be ginned and sold, as a small portion
dition of 88, would be 4,750,000 bales on the same area of
of the crop is still liable to various contingencies before marketland, or 4,875,000 bales on the Bureau's increased acrej
ing.
But it is proper to give an idea of the substantial purport
as may be seen in the following table:
and meaning of our returns, and we have no hesitation in inter- age,
Bestdl.preting them to mean a crop of about 4,100,000 bales, with a
Tiddof ^ Condition.-^ ,- Acreage^ ^Percent-, Eslima
the crop, or cut
it
down
—
,
small probability that
it
will
either exceed or fall short of that
amount more than 50,000 bales. If
figures, we must acknowledge that by
failed to
it
so
much have our
returns
fathom the inscrutable."
The following paragraph
North Carolina
South Carolina.
Georgia
in the report is
nation of the reduction (expected) from the promise
given by the October condition.
this period (October) in 1874 to be 83
per cent of a standard of unimpaired vitality: in 1875, 93 '5 per
cent.
As the crop of 1S74, with fine autumn weather and late
frosts, was 3,833,000 bales, the expectation in October on this
basis would be 4,317,000 on an equal area, and 4,403,000 on the
Then
found that the yield of lint is four pounds
pounds of seed cotton, which causes
a reduction of 176,000 bales, leaving the prospect 4,227,000
bales.
But it would appear that the present season has
been less favorable than last year for perfecting and opening the
bolls and for gathering and yet the delay of killing frosts has
been remarkable, tending in some situations to increase of yield,
and in others to continued growth of the whole plant rather than
the perfecting of its fruit, thus complicating the comparisons of
actual area.
Worse.
Inc.
Dec.
Inc.
Dec.
Texas
Arkansas
Tennessee
. .
.
275,000
.
.
400,000
2
5
1
9
4
68,000
11
1
..
8
3
4
19
280,5«
2
,,
6
550,000
600,000
187S.1
Bat
478,s4
55,440
23
738,000
860,000
3)
2
34
6-2,000
375,000
28
1
29
483.750
475,000
8
26
588.500
335,000
18
48
1
49
499,150
210,000
34
25
261,600
—
—
—
8
—
7
Total yield.... 3,833,000.
4,874,440
testimony agrees with regard to the loss of cotton
by the unfavorable character of the picking season, the
warm, damp weather retarding the maturing of bolls,
while the storms aud hindrance to picking were very
.A.11
it is
less thau last year on every 100
;
ultimate results.
Better.
BcUee.
remarkable Florida
Alabama
in its statement of facts of October condition, and subMississippi
sequent unfavorable season (in 1875), and for its expla- Louisiana
"We find the average of
1875.
States.
should vary by wider
In some cases, the greenness of the plant in
great, compared with the favorable circumstances last
year and several other of recent years, for saving the
It is, therefore, but reasonable to reduce the outcrop.
turn expected from the October condition (1875) by 3
per cent., which being done the October promise of the
crop would be 4,700,000 bales.
The statement
of difference in the proportion of
seed cotton, between 1874 and 1875,
may be
lint to
correct
;
THE CHRONICLE.
Febroary 26, 1876.]
not for the reasons given in the report, but because last
year the weather was dry and this year wet, generally,
In a dry season the seed
a wet season it
during the maturing seasons.
197
ruption as to excite the query whether there is much
left; that wo have really but half a country,
ten years of " reconstruction " having accomplbhcd
soundness
little for the Southern States but to load them with a
plump and full so in a dry season the fibres are monstrous debt representing chiefly fraud; and that it
shorter and more numerous, as in a wet season they are does but little good to urge " confidence" upon the people
The fact of diminished when they do not know what they are to confide in and
longer, and fewer to each seed.
is
small and
more or
is
loss shrivelled, as in
;
proportion of lint this year
is,
therefore, reasonably to
be accepted. But the statement of the report on this
It gives a table of the actual
subject is faulty in form.
proportion of lint to seed cotton, in each State, for the
two
seasons, as follows
:
Lint i» 100 Wi.
cotton.^
,-teetl
North Carolina.
South Carolina.
Georgia
Florida
,
1873.
1874.
29
8JS
90
S9'2
33
88
SO
»7-5
3a
94
28
31-8
98
Alabama
81-4
Missisaippt ....
80
30-5
Louisiana
Texas
Arkansas
Tennessee
The report says
"Then
Pfrc^nt in
compared
with 1874.
1875
'
99
3aj
93
80-7
93
31
30-6
101
81-7
31-3
101
237
308
95
found that the yield of
Hnt is 4 pounds less than last year on every 100 pounds
of seed cotton."
In no State is the falling off from 1874
greater than 3-8 pounds in 100 of seed cotton, and in two
States of largest production there is an increase.
The
average of all in the above table, if computed upon the
:
it is
product of each, would be less than 1 pound diminution
ill the 100 of seed cotton.
The writer means 4 per cent
of the lint crop to
make
and
would be over 500,000
bales.
If we deduct 4 per cent (188,000), from the prob.
nble crop shown by the October average condition, after
his 176,000 bales reduction,
not 4 per cent of seed cotton, which
by storms, etc., we still have, on the
data of the Department reports, fairly construed by its
deduction of loss
own
rules, a right to
We do
000 bales.
expect a resulting crop of 4,512,-
not care to inquire
if,
conceding that
the stated difference in proportion of lint
is correct, the
quantity of both per acre may not be much larger this
year than usual on a given apparent condition for Octo-
cannot feel certain about anything but uncertainty.
The story of the currency struggle at Washington in
1874, ending in the "happy adjustment" of June, 1874
and the Sherman caucus bill of January, 1875, does not
need re-telling. The latter bill was interpreted to bo
both an inflation and contraction measure at its passage,
and now Congress is struggling whether to repeal it in
favor of some more ambiguous law, or to do something
by way of giving effect to it. The party which passed
it is now relieved from initiating measures, and the other
appears to be unable to unite upon anything, the two
wings into which it divides on the currency question
being so far apart that there is likely to be no agreement without either the surrender of one or the patching
up of some device which satisfies neither and may
deceive both. The repeal of Mr. Sherman's act is not
probable the passage of any real measure for strengthening it seems no more so
whether another " happy
adjustment" will* be whipped through, late in the session, it would be mere guessing to say.
Meanwhile the
business and industrial interests of the country, after
having waited in suspense all through the long session
two yeai-s ago, and then getting one " happy adjustment," and through the short session one year ago and
then getting the Sherman bill, which was really but a
promise, now remaining to be either broken or kept by
steps towards performing it, find that all this waiting
brought them no settlement, and that they must wait
now through the present long session, or else take the
;
;
risks of action.
The faot is, that uncertainty
— and
tainty of this nature
—
nearest to paralysis
in business
is
peculiarly uncery
the disturbance which comes
movements.
Life
is
uncertain, but this does not interfere with the
ber; the crop is sufficient, if it prove to be what the con- always
snatching
of one day's subsistence by the savage, who
dition called for, after such deductions as the Departfaster than a day at a time if protection to
never
goes
ment has indicated to be due to the special characteristics
life and property is not secured, industry cares for only
of the season since October.
Our conclusion is, therefore, that if we acce|)t the a day at a time; it is only when civilization has adBureau's figures as correct, and adopt its new interpre- vanced and stability in the government is secured that
;
tation of
them
year's crop
— making
—
that this crop
is
duller, so
many have been
trade begins.
latter
changes
as civilization
in these respects:
;
about 4,600,000 bales.
THE RELATIONS OF COVERJiMENT TO PISANCE.
Dull as business has been for the past three years,
wonder should be, on reflection, that it has not been
much
But
and trade progress, the
more capital is required
as a " plant" before operations can be begun greater
risks have consequently to be undertaken, and the element of lime is moi'e largely introduced. At this point
is the wide difference between legitimate business and
the speculation. The latter is throttled by stability, and re-
them a comparison with last
the only result we can reach from them is
the obstacles which no
care could surmount.
quires that fluctuations be frequent
—
the wider the bethave stability .and is |)aralyzed
Importers as a class, and manufacturers
—while business must
ter
In fact, if we could adequately by uncertainty.
our Centennial visitors the obstacles which in some degree, must make their operations virtually a
our industry and commerce must overeome before workbet upon the fluctuations of gold from hour to hour
ing successfully, we might show on the same reasoning
they must bear as they can the operatiens of a body of
which proves him the best workman who can get on with politicians who change the tariff
twice within a singl«
set before
I
I
'
—
the rudest and fewest tools— that the fact of
making
headway at all against such incessant obstacles proves
the extraordinary endowment of the country
and the
versatile energy of the people.
astonished foreigner that, either
We
should show the
from uncontrollable
circumstances or from a bad National policy, or from
both, we have no shipping,
either built or bought; that
we have an explosive
varying, and demoralizing money;
that our public administration
has
shown
so
much
cor-
month, each time without warning, and even make the
changes apply to goods already in transitu. They must
take the chances of infl.ation or contraction, of anything
that Congress may do or leave undone; they must risk
If
their business operations on the changes of politics.
they try to do business at all, they must trust themselves
to time; and, doing that, they must take the risks of
anything that may happen within the time. For these
calculations, sagacity
and business experience are of no
THE CHRONICLE.
li)b
[FeVranry 26, 1876.
avail, for there are no recorded data and no rules of interests of party in a struggle for
power. The proper
judgment to appeal to; an office-boy can give a guess, relation of government to the finances is that of
lettin"
and this is all the most experienced merchant can do. In them alone, and there can be neither stability nor busiaddition to the ordinary and inevitable chances of busi- ness prosperity until finance is withdrawn from
politics
ness, it is necessary to take these special risks, for which
the past is no guide whatever.
PREPERREB RAILROAD STOCKS.
Now, this condition has been tolerated long, for two
The designation of " preferred stock" carries no precise and
reasons which we may name. One is, that rapidity and definite signification, on account of the wide difference in lUi
extent of change has long been a peculiar feature in this terms of precedence which exists among the several leading issued
world have there been so of preferred stocks. Next to the rate per cent of preferred divimany and so sweeping industrial changes; so many ups dends per annum to be awarded out of net profits, the most
important question is whether such preferred dividends are
and downs between affluence and poverty; so many " cumulative," or whether the preference
is limited only to a
speculative fortunes and such a general desire to trust single year. In other worde, if no dividend is declared for several
speculation; so much emigration and such rapid "de- years, is or is not the preferred stock entitled to dividends at
velopment."
have gone generally on the rush and the established rate, for all those back years before the common
have believed very little in keeping still, for if one shak. stock is entitled to anything V It might be supposed that so important a question would be settled beyond the possibility of
ing up bent, the next would probably set us right. There
dispute in the original agreements under which preferred stockg
was never before such a general distaste for the old are issued, and would be plainly expressed on the face of the
methods of patient accumulation, and such a general certificates, but this is not invariably the case, and there has been,
country.
Nowhere
in the
We
knock success at a stroke, either out of the
abundant material wealth of the land, or out of speculative jumps, and it is not strange that visionaries of the
paper money type imagine things can be done
which are impossible elsewhere, and that there are no
" laws," except those of Congress, about which we need
bother ourselves. Nor is it strange that after changes
have been so long considered as the making of an active
American, instability has been accepted as a sort of
genius of the country, so that we have come unconsciously to esteem it as a friend and not an enemy, as it
is.
The other reason is that the worst evils complained
of are not of long standing, the country, from 1865 to
1871, being in a state of paper prosperity, and not till
1871 did this official interference with the currency
begin. In October, 1872, Mr. Boutwell made the money
market "easy" just before the' State elections; he then
meddled more and more, until he made the astonishing
intention to
—
request in his last report that he be authorized to
•' regulate " the volume of currency
at pleasure. He had
not altogether waited for such authority, and his successor assumed the existence of a $44,000,000 " resei-ve,"
no little discussion, and in some cases litigation, on
the construction of the extent of priority secured to the holders of
preferred stock. From the terms quoted below it would appear
at times,
& Mississippi, St. Louis Alton & Terre Haute, and
Wabash & Western, are the only preferred stocks that are
that the Ohio
Toledo
positively cumulative.
The subject is quite pertinent just now on account of the better
prospect of dividends on several of the Western railroad stocks,
desirable to know whether they have or have
cumulative property and are entitled to dividend^
for past years as fast as the net earnings will admit
their paymtnt.
It is also an interesting
inquiry in thil
connection, how far the payment. of preferred dividends i|
scrip or bonds, worth less than par, would legally satisfy the rigl
and
it
not
the
to
is
demand the
specified rate of preferred dividends in cash,
such holders as voluntarily accepted the scrip or bonds in lieu
their cash dividends perhaps the question would b» eaailj
answered; but where a stockholder has declined to receive sucl
scrip or bond dividends, caq he afterwards claim cash dividem
same years, when the company shows net earnings suffli
them?
One of the most important decisions of law affecting preferi
stocks in general »as made in the cise of St. John vs. Erie Ral
way, in which the U. S. Supreme Court decided that the holdoi
for the
ent to pay
of preferred stock issued in 1862 could not assert their right to
dividends, against hona fide creditors or bondholders of the com-
which he let out and t«ok in as he chose; since then we pany whose claims occurred subsequently, 'ihis apparenll;
have had the regulative idea in full force and the insta. covers the broad ground that preferred stockholders have a
protection against an unlimited increase in the debts of a corpora
bility has been increasing, while business men have been
tion, which take precedence of their stock, provided only thai
waiting and hoping for it to cease.
such debts are incurred without any fraud
No clearer proof is needed of the intolerable mischiefs For the purpose of showing the terms of preference, ae expressthat inhere in the government paper currency for which ed on the face of the certificates themselves, we have brought
the inflationists cry so incessantly. Such a currency is together here an abstract from the preferred slock certificates of
each of the companies whose preference shares are best known
unstable, and can never be otherwise.
It works only in
In this market.
one direction outward, but not inward; there is never
CHICAGO & ALTON.
" This preferred stock
any fixed maximum to it (short of a constitutional pro•
•
•
•
is entitled to a dividend, for cacl
calendar year, of notexceerUnj^ eeveu per cent, payable out of the net rarnlnge
vision, and even that is only fixed for a little longer time), of the company for Bach odendai- ytar, after satisfying: the iuterent ou iia
bonds and the contributions to its sinking fund, before any dividend shall be
but it stands entirely on the impulses of a congress of paid upon the common stock, and is also entitled to share pro rata with the
romraon 8tt*ck in any dividend exceeding seven per cent on the whole stock
politicians and is the football of contention in party of the company, preferred and common."
campaigns. Its very existence is thus a perpetual
CHICAGO MILWAUKEE & ST. PAUL.
menace to the stability of business. All that governOn the Chicago Milwaukee & St. Paul preferred stock certifiment can properly do with money is to put its stamp on cates the terms ot preference are given very briefly, as below.
last dividend on the preferred stock was 7 per cent in consolcoin, inasmuch as the mark of some responsible guarantor The
idated bonds paid in March, 1874.
is necessary to prove weight and fineness without the
" This stock is entitled to a dividend of seven p?r cent per annum from the
preand stock repretrouble of weighing and assaying, and the government net earnings for each current year. * * * This certiflcate
sented hereby, is issued and riceivcd subject to all the terras, cauditions
n
—
is
PI
the best able to furnish such guaranty.
If
it
were
true that legal-tender notes were exchangeable for gold,
objection would still remain that their quantity can be
increased indefinitely, and there can never be any certainty as to when this will be done.
What is still worse,
limitations ol the articles of association of this
The terms and
to in the certificate read as follows
"
company."
:
The
said preferred stock, except said scrip stock, shall be entitled to a divl
dend of seven per cent per aunum, from the net earninj^s of each current year,
after pajmeniuf interest on all the morljjige bond^', if the co.nnany earn so
much duriHg: the current year, and before the payment of dividentis to any other
class of stockholderf*
but tlie company may reserve a reasonable W'lrkiut;
capital or surplus, before the di\idend shall be declared or paid on said preferred stock, which surplus shall not exceed at any time the aggregate sum of
8'i50,0t0, over and above the floating or unfunded debt, and the accrued interest ou the mortgage bonds. If the net earniniis of the company are not as
much as 7 per cent, in any one year, then tlie saul jjreferred stock shall receive,
for that year, a dividend of whatever the said net earnings are, after the payraasooable reserve for a
ment of interest on the mortgage bondi,
•
the increase
is
considered
considered last year and
as
it
notoriously was
—
is this year
not with any
any sincere inquiry about the
of the country, but solely with reference to the
intelligent or even with
interests
—just
1
conditions of the articles ot association referrei
aud^e
:
THE
February 26, liie.]
CHICAGO & N0RTUWK8TEUN.
company the terms of
the prefarred certificates of this
very
are
edence
cle.irly
anil
particularly
stated.
The
precInst
dividends paid wern 3} pur ront on prf forrt^d stock in June, 1873,
and 3J on common stock iu Dacember, 1872.
" This pr ferrcd stock Ik cnt'tlcd aH provided In the articles of agreement
and consolldatlen made hetweeo Uf. (lalemi & Ohlcajfo Union ISallro^nl Company and the (,'hicfl^o <ft Ni»rihwesteru Uailroad tJompiuiy of date June 2. IBM.
to preferences to the aggregate extent of ten per cent iu the dividend which
may be declared In any year, oat ef the net earnings of sucli year, in the manner following: First, to a preference of seven i)er cent, and after
seven per cent on the common stock, then, secondly, t'-> a furtlier
three per cent. After a further dividend of throe per cent on
tock, both classes of stock shall be entitled to eqnal rates per
:
CHRONlCLli.
working «ipit«l»««b<>Tede«crIhed. 8«ld pt»f eire* itock ihall not have any
claim apon the earnings of any other year, for the non payment of dlrldenda
And whenever the company earns Bufflcient, over and
iif any preceding year.
ahove the payment nt interest on the bonds and the reserve above nanaed, to
pay a greater sum tlian 7 per cent, on said •utatandlng preforr.id sUM-k, and 7
per cent on the common stock, then ilie said preferred stock shall c liare pro
rata with the commuu stock In such earnings."
On
.
:
dividends of
preference of
the common
share In any
further dividend."
^^
199
b«^M
such calendar year before any iMitat thall
apra tbeeamrnoB ttoA,but such preference dividend aball sot b« camalatlvo, aad ! aUo eotttlad to
hare pro rata with the common stock In any dividend excsedlnc ton p«r (cut
on the whole stock of the company, preferred and common."
TOLEDO WABASH * WKSTBRN.
nothing indefinite about the cumulative charaoter of
this stock, and it formerly ranked nearly the same a» bond*.
'I'be
There
last
is
dividend paid was 3^ per cent in November, 1878.
" Said stork is entitled to dividends at the rate of seven p«r cent per
annum,
seinl-aiinuilly, on Ike first days of May and November la
each year, out or the net earnings oi the company, after (lie payment of ihe
tatercst on its bonds, and in case said dlvlden cannot be regularly paid, all
arrears are to be paid a-* soon and as fast as the net Income of the company
will allow aiid no dividend is to be mide on the geaersi stock of the company, until all such arrears have been paid."
and no more, payable
i
;
Kaltal iUoiutarn aiid <!laininercial (SuglisI) A'
cm.
SuKlt'li' 'lancet Reports— Per Cable.
Thednily closing quotations in the markets of London and LItm>
pool for the past week have been reported by cable, aa •h.jwn in
ERIE RAILWAY,
would geom to be a matter the following summary
London Monty and Utoek Market. The bnllion In the Bank
liistoricftl rather than practical jast now; but even in that way
increased £261,000 during the week.
the terms of priiference on thin famous stock have some public has
Bat
Moo.
Wed.
Tnes.
Thar.
Pn.
The last dividends on Erie
interest and are worth recording.
Consols for money
94 5-16 91 7-10 94 7-16
94 5-16 915-16
94 5-16
" account
were Si per cent on the preferred Oct., 1873, and 1 percent on the
94 7-18 94 "-IU Mi<
M 5-16 91 5-l« 94 5-16
J. S. Ila (5-aOs,) 1865,uld.lOR;i
1U5X
lOSX
105X
I06X
lOSJi
common stock Oct., 1873.
"
"
1867
101
109)^
lOSH
109
of dividends on Erie
The subject
—
"Preferred capital st^ock of the Erie Railway Coinpanv. Said stock shall be
entitled to preferred dividends oat of the net earningn, If earned in the current
year, bat not, otherwise, not to exceed seven per cent per annum, psvablesemlaimually after payment of mortgage interest of said company in full."
HANNIBAL &
The terms
o( preference ot this
J08KPH.
company's stock would appear
ST.
have been too indefinitely stated, as the question was made the
law suit which went to the U. S. Supreme Court.
The plaintiff claimed the right after 7 per cent had been paid on
the preferred utock to share equally with the common stock in
all further dividends, but the Court held against him and decided
that after 7 per cent on the preferred, the common stock was
entitled to 7, and after that both stocks shared alike.
The last
dividend paid on the preferred stock was 7 per cent in August,
to
109X
tJ.
S. 10-40S
Now
loaji
106)i
5s
The
—
;
I
"The preferred stock is to be and remain a first claim upon the property of
he corporation, after its indebtedness, and the holder thereof shall be eniLled to receive from the nee earnings of the company seven per cent i)or
nnum, payable semi-annually, and t<j havo such interest paid in full for each
nd evvry year before any payment of dividend upon the common stock ; and
.vhenever the net earnings of the corporation, which shall bc applied in payiient of interest on the preferred stock and of dividends on the common stock,
hall be more than sufficient to pay both said interest of seven percent on the
•referred stock in full, and seven per cent dividend upon the common stock
or the year in which said net earnings are so applied, then the excess of such
,i'-t earnings, after such payments, shall be divided
upon the preferred and
shares, equally, share by share."
ionmon
ST. LOUIS ALTON & TKRRK HAUTE.
Th« preferred shares of this company are much like income
londi. The last dividend paid was 3 per cent ia ' uly, 1874.
"This stock
entitled to dividends at the rate of seven pe, cent per annum,
payable animally on the first day of May in each year out of net earnings of
he company, for each year ending on the 31st day of December previous to
uch first day of May, after satisfying the Interest on its bonds and the conlibations to its sinking fund and in case sa'.d dividends cannot be regularly
ari^ed and paid, as above stipulated, all arrears are to be paid as soon and as
ftst as the net income of the company will allow
and no dividend is to be
lade on the general stock of the company until all such arrears have been
aid. This slock i' convertible at any time by tho holders Into the general
tock of the company at par but shall not be entitled to a dividend for any
i^me on which the holder thereof has received a dividend as preferred stock,
'he priorities and guarantees of this stock are secured by the deed of trust
newn as the Second Mortgage, and by the conveyance of liobert BayarJ,
amael J. Tilden, John O. Kicharoeor, Joseph Tuckermau and Kuasell Bage,
new
Hon.
sat.
d.
.
«.
Frankfort »rere
fives at
lOlX
"98
10
87
4
38
6
Liverpool Provisions Market.
d.
6
Oheese(Amer'n
"
fine)
6
3
59
6
—
d.
s.
"
(common)... ycwt.. 4
spirits)
lOX
cwl
<W
44
60
34
"
red)..
Spirits turpentine
"
London Produce and
S
d.
B
6
a-i
6
o
52
59
60
44
34
G
U
98
d.
50
U
31
6
0.
23 3
33
3
d.
8
38
«
7 10
Thar,
d.
a.
»
8
10
37
38
a
3
6
6
K
6
U
81
53
59
60
6
81
54
6
6
59
SO
Tnes.
Wed.
d.
.
d.
a. d.
a.
4
6
4
4
16
16
•
»
44 «
60 n
6
31
£
44
60
14
03
6
59
60
S
6
M
6
Krl.
d.
d.
6
U
a.
6
4
U
16
lOX
10«
9
«
9
iOH
9
44
44
60
S4
60
D
f
81
34
—
s.
Wed.
£
d.
11
50
93
34
a.
6
6
Thor.
6
16
lOM
Frl-
d.
a.
92
93
1115
".3400 3100
Lln»eedoll....»cwt.
d.
Tues.
10 10
.^0
Sagar(No.l3D'ch8td)
Si
onapot, Vcwt
Siwrmoil ....« tun.. 98
6
6
s.
10
27
6
liO
£
8
3
9
6
9«
\0}i
Mon.
Llus'dc-ka(obl).<|l ti.l0 10
Unseed (CalcntU)...
oil
s.
Oil Markett.
sat.
Whale
4
16
16
9
10
in
7 10
9 8
Wed.
Tnea.
d.
"99
"
Vga!
(pale)
Petroleu.nt refined)....
,
s.
9
1.
aa
33
7 10
3
9
PrL
d.
a.
13
38
Mon.
Sat.
Tbur.
d.
8.
—
s.
Liverpool Produce Market.
ttoslD
10
S!8
91
83
53
6«
BO
60
d.
1 10
9 8
lion.
Sat.
a.
93
83
53
n
98
"
(Cal. White club) " 10 4
Ooru (n.W. mix.) ^ quarter 37
Peas (Canodlan) « Quarter 88 6
Uoef (mesa) new V tee
Pork (mess) new f)bbl...
Bacon (l.cl.mld.)new|)cwt
bird (American) ..."
B.
S3
8
cotton.
Wed.
Tues.
d.
e.
'^
Bpr).y ctl 8
(Vheat(Red W'n.
"
(Red Winter)....
108K
106W
106V
lOlX
Vbbl
riour( Western)
;
;
106
— See special report of
Market. —
Liverpool Breadstu^ffs
0lover8eed(Am.
Wabash preferred were al ways regarded more
ts bonds having a lien on income, than as stocks.
Dividends were
formerly paid in June and December
in I'ecember, 1873, the
iividend of 3^ per cent was oaid in bc ip, which wis takon up in
1874 the dividend of June, 1874, was passed
in December, 1874,
oo dividend was paid, but the Directors changed the periods of
oayment to March at^d September, and resolve
to pay 3i iu
March, 1875, which was done.
In September, 1875, the dividend
vas passed, and as this stock is clearly cumulative, there are the
jividends of June, 1874, and September, 1875, yet due on it.
ma
106
lAoerpool (Jotton ffnrktt.
rallowf American)...
OHIO * MISSISSIPPI.
This stock and
105X
106
m%
preferred certificates contain the following
"Preferred stock Issued in adjustment of the bonds of said company bearing
i ite April 1, 1856, Ju y 1, 1853, and March ll), 18S9, and subject to the terms and
conditions of an indeniure between said corporation and Wm. H. Swift and
jtliers, trustees, dated April 1, 1SH3, and with the right set forth therein,
may be transferred upon the books of the company and new certificates issued,
.^nd may be used witti the bonds of the said company bearing date April 1,
IMttt, in the purchase of its lands ns provided In said indenture.
The Hannibal
& 3t. .Joseph Railroad Company hereby certifies, that, in consideration of the
•surrender and placing in trust of bends and coupons in pursuance of said
indenlnrc,— is entiiled to
shares of the preferred stocic of said corpora:ion. and to receive all the net earnings of said company which may be divided
lursuant to said indentare in each year, up to $7 per share, and to share In any
lorplas beyond $7 per share which may be divided upon the common stock.
105H
10««
'l'i'3qaot«tions for Onited States
U. 8. ncwflves
subject of a
1870.
106
33
U
a.
d.
15
a.
It
U
60
50
32
6
u
3
d.
Vrl.
£
s.
93
50
3«
98
34
3t
33
d.
11
S3
98
00340
U
Tbur.
£
33
31
ifiiommercial imh. ittiscellaneous Neu)3.
—
Imports and Exports pon tub Wsbk. The imoorts this
week show an increase in both dry goods and general merchandise. The total imports amount to $9,018,213 thii> week,
against $5,210, 518 last week, and, l|;!i,75(5,290 the previous week.
Ttie ex ports amount to i|4,ti51,325 this week, against |3,440,395 last
week and $4,5.57,375 tlie previous week. The exports of cotton
the past week were 8,622 bales, against 5,080 bales last week
Tue tollowiDir are the imports at New York lor week ending (for
dry goods) Feb. 17, and for the week ending (for general merchandise Feb. IS
I
:
TOBSiaH IMPOaTS AT
Is
MSW TOHC FOB TBI WBBK.
1873.
»5.281,755
Dry goods
Qeneral merehandiae...
4,7lil,760
1874.
t3,4J7,8ii6
6.16.\801
4.316.0-14
187«.
13,585.640
5,433,573
$9,018,313
39.6I>7,7W
1S7S.
t3,658,fi.'W
;
;
Total for the week..
Previously reported....
Since Jan.
1
.
.
.
$9,983,515
$»,633,«67
53,ii93,477
43.446,'Jl.J
$7,974,697
3S,3U6.560
$53,070,609
$46,341,357
$63,675.»<)3
$48,68«,0t]S
:
the said
company."
ST.
The terms
LOUIS KANSAS CITY & NORTHERN.
In OKJ rsport ol the dry goods trade will be foand the imponsof
dry goods for one week later.
The following is ascatement ot tUe exports (exolnsive of specie)
tromthe portof New York to foreign ports, for the week ending
February 31
of preference are plainly stated in tbecer'iificates, as
should always be, and it is declared that the right to dividends
not cumulative. No dividend has yet been paid.
BXirOBTS
liey
«
" This preferred stock Is entitled to a dividend for each calendar year of nut
xcoeding tea per cent, payable oat of the net earnings of the company for
For the week
Pievlonsly reported..
Since Jan.
1
.
VBOH HBW TOBK FOB THB WSBK.
1871.
1873.
$5,634,810
34,033.357
1874.
$8,458,305
37,019,858
1875.
$5,133,631
$4.«51.3»
SO, ;58,I>3S
3*,9«8,6(n
$89,017,067
$48,477,668
$a6,891,3M
$S7.S49,S»
: ..
..
:
THE CHRONICLR
200
Tills committee direct that, in
The following will ghow the exports of specie from the port of Wabash
& Western Kailway stock,
for the week endinjt Feb. 19. 1876. and since tie mou and preferred.
beginning of the year, with a comparison for the correspondiDf
date in preTloni rears
:
Punta Arenas. .American gold coin..
Feb. It— Sir. Acapulcu
Feb. 15— Str. Columbus
Feb. 16— S.r. CaHbi'ia
Feb 17— Str. City of N. York.
Feb. 17— S»r. Pommerania
—
Havana
.Havana
S auUh
..
^^mbu^g
London.,
.
$800
.Snanluh doublountj...
2,1.57
...silver bars
Liverpool..
gold
15,800
34,718
...Silver bars
...Silver bars
B0,:)99
American gold coin...
..American gold coin...
Paris
Havana
Feb. l<V-Str. King Arttanr
Feb. 19— Sir, City of Paris
Feb. 17— Str. Adriatic
Liverpool
Liverpool
75,noo
8,000
5,300
63,971
15,000
34,000
to.noo
15,000
85,000
hilverbars
Refined silver
Danish Silver
American silver
American gold coin...
HaTie
Feb. 19— Str. Ameriqae
S.'JO.OOO
Beep
Total for the week
Previously reported
lb.
s
Balti..
33 300
.3,168
Boston
195,9M
14,155
Burl'n.*
Chic...»
Detroit
N.York
Ou;d'rg»
Philan.
145,968
10,295
$3,331,916
3,208,040
Port H.»
Portld
IS.COO
1.600
Same time In—
I
;870
$1,872,648
1869
10.538.087 1868
a,13!,979 11867
6,171,274 1866
6.352,493
10.592.115
|18,76.'i.l71
1375
1874
18T3
1872
i
!).10(,891
1871.
4.5f-8.3i8
4,326,099
I
lb
391.049
Boston 561,315
Buffalo*
130
of specie at this port during the paat
been as follows
week have
:
Feb. 14— Str. City of Mexico... .Vera Cruz
Feb. 14-Marcia
Feb. 17— Brig Tula
Silver coin
Laguayra
Goldcoln
Goldcoln
Belize
Silver coin
|:9,115
23,919
20,000
818
Total for the week
Prevlonslr reported
.Jan.
$123,852
438,126
$661,978
1.1876
Same time In—
Same time in—
$317,293
914.489
1B75
1874
isra
18«
193.793
253,898
419,731
....
...
1871
Burl'n.*
Chic...'
Detroit
6,600
18,290
10,164
NewH*
New O
The imports
1870
1869
1368
N.Yorkll509,4;9
Offd' rg«
143.447
676,400
126,600
—Tali^w —
packages when not otherwise specified.]
ft
$
431
26,607
6,077
3,247
3,995
1,413
5,740
63,771
1470,811 3,948,271 386^886
2,500
1,869
186,820
Earthenware—
China
800
1,8?3',5CI7
115,632
34,5(10
3',l65
Since
Earthenware.
Qlass
.
Glassware
Glass plate
Buttons
Coal, tons
Oocoa, bags..
Coffee, bags
Cotton, bales
Drugs, AcBark, Peruviar...
Blea. powders.
Cochineal
.
Cream Tartar...
Gambler
Gum, Arabic
Indigo
Madder
Oils, essential..
Oil, Olive
Opium
Soda, bi-carb....
Soda, sal
Soda ash
Flax
Furs
Qanny
Hides,
3.936
49,000
3,8!t9
4.311
l,i53
1,^)63
799
1,053
2,038
2,954
162,059
4.426
1,142
377,973
140
5.177
3.089
541
80
5,831
4,430
529
24
689
1,833
61
1,019
655
273
88
6,713
271
5.377
5.f0:j
8,150
754
1,159
bales
29,116
Ac-
Bristles
Hides, dressed
India rubber
Ivory
Jewelry,
Ac-
Jewelry
Watches
Linseed
Molasses
.
172
675
7,901
368
Idl
Lead, pigs
3,735
Spelter, lbs
Steel
8,594
118,653
1,842,484
20,732
Tin, boxes
Tin
Rags
slabs, lbs.
Tea
Tobacco
Waste
Wines,
.
Same
S.§
•~_
:??
Wool,
bales,
1,77J
1,801
Fancy goods.
Fish
Fruits,
London
Oranges.
Nuts...
458
Haisins
34.862 Hides, nndrcssed
Rice
Ac-
129 Spices,
963
Cassia..
8,26«
1,099
..
Ginger
Pepper
223,4S5
IW.iOl
S,B<-8
6,612
156
488
9,093
10.46s
14,941
11,464
^,104
S,213
Saltpetre
50C
82
451
Woods-
115
Cork
160.479
3,834
lOl.r'97
3,487
$171,79-1
$135,954
9,008
186,315
1U,789
98,';9ii
56,817
Fustic
.
.
9,533
90,093
16,925
49,168
4,208
54,180
lB,8!i8
—
The lollowing report explains the action of the Stock Exchanee upon the application of a separate call for such stock of
tho "Toledo Wabash & Western Railway as shall have united in
resisting the foreclosure by contributing 25 cents per share lor
such purpose
COXMrTTEE ov
8eccritie>i,
I
New York Stock ExcaANOE, Feb. 21, 1876. f
Applicnt'on of the Stockholders' Protective Commitiee of the Toledo
Wabash A Western Railway Compaoy, to have called separately such rtock of
f 25 cents per share to said
the company as shall have paid a contribution
Protective Cojnmittee. to be used at their discretion for defense and protection of the rights and interests of the stockholders, was referred by the Governing Committee to this committee with power.
<
so -1
^ * «
—
'
'^3
2
» ."
£
London & Westminster 73,0D3
London Joint Stock .... 4.i,219
ri9,94'l
London and Comity
Union
not stat'd
City
Luiwrial
Loudon
A South West'n
Consolidaled
Central
Alliance
Totals or Averages
Not
24,495
11,648
13,442
14.801
8,149
14,119
£
182,509
1:30,15J
148.8!4
111,890
86,580
a4,8.'i9
10.299
47.298
5, >61
2J.b;30
711,818
£
140,000
120,000
102.000
104,625
a4,0ti0
87,000
6,017 140.000
4.000
p.c
.*;
14
20
17
15
8
8
8
10
8
28,a0
596,278 1-5
ViH
be distinguished in the reports.
t Calculated on the rate per cent of the Dividends for the year
*
6.6
to
It will
44,.59:
168.760
11,705
<
(5
working
9.560
7.3>;4
Logwood
Manogany.
121,1.36,144
forthc past
Dividend
Bank.
'.9,642
Sl.Oll
72,884
97,073,217
8il,4(19
«
11.861
321.184
28.711
19,903
11,146,«35
857,559
*
*
..
14,57:3,103
6,906,5.38
3,2''3,518
114,349
*
V.
\
17,678,145
80.313.151
1,015,825
8.606,701
8>4,660
3,493,598
2(8,411
\...
Totals or Averages.
10,373
184,853
I,782,^91
33,156
185.2:
*
^
& South W^tern
Ctins 'lidated
330.080
78,370
£,
2.),31H,9S8
11,421
32,679
195,915
ia!,79i
30J,»2I
l,3!8.20a
8.417,51)0
a.7:)o,4a3
2,663,830
*
1.'I2.755
434,.385
fi0..36
1,080,000
1,8&3,612
33,60<i
Ac-
Lemons
JE
3,9;»8,858
London & Westminster..3,544,8S7
'2..362,60()
London Joint Stock
London and County
2,7:35,2.59
o a
half-year,
vcUue—
1,231
lp,'K»"
81 Corks
8.600
5.107
7,683
3,314
p-r T--
.
'
13]46S
86,946
12,742
Artldee reported bv
836
27'665
£13
Bank.
620
679
411..'^3S
Ac-
Champagne, bks.
Wines
SM
'.3;3
650
,
Hardwaie
Iron, RR. bars
Sugar, hbds, tcs. A
bbis
412
Sugar, bxs A bags
4.58'
cloth
Hair
Hemp,
3.08ti
4i.5S9
165
456
1,625
7.730
270
614,6311
the principal London joint-stock banks for the past half year.
The following is the result
Ac-
Cutlery
786
581
8,589
600
1,678
46,037 4,037,782
consolidated.
Union
Jan.1,'76. time 1875
Metals,
4,112
b91
London Joint-Stock Bank Returns. —Mr. William Abbott
has published his usual interesting summary of the accounts of
CentriU
Alliance
Ohina, Qlass and
9)
$
8,453
*No transactions.
t Hams and Bacon
City
Imperial
Same
—
$
809
Philad. 1,704,258 818,933
Port II.* 133.210 17,- 20
Portl'd
901,300 98,156
512.537
262.803
1867
:
time 1875
4,896
14:3,584
Cheese
.
$.1,051,570
2,021.640
returns,
The following table,
shows the foreign imports of leadine; articles at tUii port since
Jan. 1, 1876, and for the same period in 1875
Since
,
708,350
3,.307
S)
101,274
614,543
compiled from Custom House
Jan.1,'76.
1,358 5,88.5, '14
40,841
....
1,425,010
Butter
.
2i
10,103
66,940
$
62,482
82,405
81
Imporia of Leadlne Article*.
in
lb.
nrn^y
9,208
t
12,342
67,640
13,926
,
,
:
[The quantity is given
Bacon-
,
2,354 1,132,651
11
8,895 8,221,801 l,164;i84
800
109
175
20
1,545
27,r00
714
2,895
4,810
4:39
7,750
503
11,080
1,102
3,386
3,609,832 291,300 3,728,997 390,617 82,879,209 2,649,.302
Balti..
Same time In—
—
-^
$
17,410
66,256
23,466
64,299
1,212
New »•
New O
$5,539,988
1876
—
lb.
$
Ib.
887,800
597,181
Bufi'alo'«
-Lard
1,
-Hams
PORK-
POBTS.
Sd.OOO
Silver bars
Total since January
—
The following is a statement of the Exports of Provisions
from the undennentioned Customs Districts of the United States
during the month of January, 1876, prepared by the United
States Bureau of Statistics:
5(10,0110
Silver bars
addition to the present call of Toledo
shall also be called "assented," ccm-
it
A certificate signed, by O. D. Ashley, Chairman of the Stockholders' Protective Commlttc^e, for 25 cents per share, attached tu a certificate of stock,
conslilutcs a delivei-y as assented.
Edwabd Brandon, Cliairman.
1,040.000
American gold
SPver bars
Mexican silver
American gold
,
(February 26, 1876.
New York
Total since
—
,
1876.
be seen that, although the result of the half year'
as is well known, less favorable than in the corres
'
is,
pondinjr half of 1874, the lea<liug banks
yielding a profitable result. Financial business will, no doubt
remain quiet duringr th^ current year; but there is reason t(,
believe in fewer failures, and consequently the net results ma;:
be more profitable than in 1875.
of this city are
stil
—The
Hannibal & St. Joseph Railroad Company give notici
the interest maturing March 1, 187(5, on the litteen-year eigli'
per cent, convertible bonds of the company, will be paid on prt
sentation of the proper coupons at the Bank of North America,
New York, on and after Wednesday, March 1, next.
thftt
i
—
We have received from Rod and Gun the latest edi'ion cj
Pur, Fin and Feutlier, a quarterly periodical, devoted to fiel
sports and angling, and containing, also, a compilation of th
game laws of all the States and the Provinces of Canada, makin
a valuable assistant to the sportsman.
by their advertisemet
coupons of the bond
of the Indiana Central Railway Company, due January 1st. 187'
Messrs. Ware, Murphy & Co. have this day removed the
i
offices from fil Stone street to the Cotton Exchange Building
—Messrs. A. Iselin & Co., 48 Wall street,
in our to-day's issue, offHr to purchase the
—
this city.
X
,
THE CHRONH
February 26, 18? 6.]
Closlnj; prices of securities Id
©ankers' ©alette.
<Jl)e
201
l*H
OHO^VNIXBD.
N/ITION.II. B.VNK.S
0.».««,5-«0'B,18«5,oM..
0,S.6s,5-«'».l8eT
Ulchnrd U. Willlaaip, l'ru»lcli;nt_;
Authorized tu coiumonca busiiiosa Fell. 17.
U.8.5b,10-«)'s
TketollowtneDlvidisndB have roceatly boon announced
C'OKPAIIT.
:
WHKV
PiB
UOOKK CLOBBD.
I
Cbht. P'ablb. (Oaya
icclnaire.)
H-Hllroads.
April
(Jeitrgia
l|
mimrelliineonH.
8X
CnnnollditcdCoal uf Maryland
'Tampshirc * BiliiiiKire C'o al Co
Mch. lAlMch.Sto Mrh. 15
6 tcrlp.lMcH.
FRIDAY. FKBUUARY
The Money Market and Financial
*.'>.
^|l'^u l).
Mch.
87 to
4
1870-6 P. M.
Sltiiatlou.—Contiiuied
ease in money, rather less activity in the demand for (rovernmeniK, a sharp decline in speculative stocks, with some recovery
at the close, and a firmer price for gold, have been the principal
feature of the financial markets this week.
The last hank statement showed a decline in the surplus reserve, in consequence of a decrease in specie, but a considerable
increase in legal tenders, so that the general efEect was considered favorable to the continuance of ease in the money market.
The final passage of the Vance bill in the Wisconsin Legislature,
Tirtually repealing the famous Potter law, has been one of the
most important events since our last report. This repeal is
worthy of notice, not merely for its present effect on stocks, but
also for the ])rinciple involved, as it seems to mark an era in the
relative position of the people and the railroad.s, and to show
that an attitude of hostility towards the latter is altogether
On Thursday the Bank
for the week of
of Plngland returns .showed a gain in
£301,O()O, the discount rate remaining
unchanged at 4 per cent. The Bank of France showed an inTo-day a
crease in specie for the week of 23,506,000 francs.
press despatch from Paris, at noon, says; "The Bourse is flat, and
All kinds of securities are falling rapthere is almost a panic.
idly.
This feeling of anxiety is supposed to bo in consequence
From private despatches to bankers we learn
of the elections."
that a failure in the metal trade was one of the causes of the
depression.
bullion
Netdopoaiw..
J'ii..i.58...00
tenders.
47,8Q3,600
I.9pa'
-1876.Feb. IS.
1875.
Pel), ao.
Difference*.
17.183.100 Dec.
S2.5S4,1I0
2:ii;, 231,800
54,392,800
110,400
Dec.
rao.iiuU
48,967,800 Inc..
I,0r2,20u
2S.l,i(iJ.a00
United State* Bonds.
$-28,000
* July.
19
123,¥
21.
22.
68, 5-20'», 1868
.
.
coup .JaD.AJnly.
123Ji •123J»
res- -Mar. * Sept. •'llji !I8^
conp.. Mar. A Sept. t2i;i *121,'<
fuuded. 1881
feg ..Quarterly .'llSj; 119
»«,fonded, '881,.. coup. ...Quailerly. 118^ 118;i
""
Us CairouoT
reK..JaD. A.Iuly 127
127Ji
5»,:0 40'3
8»,l0-40'»
5»,
""
*'Cht>libhoDricel>ld.
The range
class of
21.
a39,7i;r,30i)
•118
lib
123 'i
123),'
*nvi »ii7x
in
ii7ji
n93i*119«
llOVllitH
iinjt
lii'A
i22i;i
inaji
122,'.'
122',
UV4
ma *m>i 'm^
i-m%
!2.)X •123>i
I18X
•!2IX
118ir*ll8)i
*121.".-
ll8ri
llS7f
128
,
1,
121«i
lisji
m
tl8,'ii
118V
118«
*mx
LoweBV.
:
—
.,—*-Amount Feb. 1.
Hi^est. Rej^lstered.
Coupon.
3 123Ji Feb. 23 $193,392,200
t
Since Jan.
reK..119»i Jan.
and the amount of each
were as foUowa
1876,
1.
coup.. 130?i Jan. 10 123% Feb. 2;l
coup.. ..
coup.. 116\ Jan. a llSkCFeb. IS
6a,5-20> !865,new,conp..;'.7
J.in.
4 120X Feb. 16
69,5-«0'8, 1867
conp. .Ill'',' Jan. 3 <iifi Feb. !6
«s,S-»0'8 1868
conp .'IflUJ^n. 3 123X Feb. 17
5e,10-40'b
reK..ll<i,'i Feb.
6 119^ Jan. 29
9«,10-40'«
conp. ,118 Jiin. 4 M'.H Feb. 21
»B,fnnded, 1881.. ..coup..lu;54 Jan. 11 119
Feb. 21
6».Cnrrency
Feb. 23
re«!..122X Jan. 5 188
81,314.1.50
6«, o-80'8, 1364
ii.;o-),o.')0
H.PTO.OV)
63.5-20, I8S5
33.969,450
118..5W.400
59..53 1.(03
HS.l.^.lOO
89,.3!«1,850
ajl.231,S00
82,816,800
14,6i7,0C0
141,706,5.'XI
52,859,750
219,222,100
64,688,618
by Messrs. A. H.
at auction
Pennsylvania Coal Company
Sasinaw Valley
Tab.
Tonu.68, old
i'ouu. Bs,
N.Car.
A
St.
Louis Railroad
»»«
70
90
H4«
130
870
191—191
171)^
118^
Co.:
Company
DrBt mort-
75
273,8.36,350
new ....
C. n.
«8,
&Q. cons. 7s
i;.*N.W cp.goid
C, 8.
I,
Feb. Feb.
22
19,
21,
J5X
4,5X
•44)4
&P,
1st 78
Krletst 7B.ext'd,
•IS
•JJH
:
•tax
lOiX
•ty>i
:
•i«
:
102
102«
14
:
•lUX 111
to )^ vnH
109
9iV
M}\
•;i7
9!H
85
4c.
98 S4
On.Pac. IstSa.Kd
8. r
do
i'9!^
:
^
3
<
15
•7i«
76HJ>n.
44
Feb
4
4;
4
29'
2°
71
•J3H
•41V
•43X
•16
:o8x
9iv
iiii
9iX
•109
lOU
1U9
•m
"03X
•lO'l"
lUII
'100
103X
101S<
'1U3S
8iX
88X
•»i
1D5X
9!
•117
um
'
'
•9S!<
m%
91
'
Ja>.
79X Ja «.
IK Jaiv.
lax
'122«
120
lis
'115
•-8J«
•98H
•M
lo-.k
105«
101
S'llBX-Ian.
81
7IXFeb.
13 111)4
II
I0!)4
93)4
1
>|
Jan.
Jan.
J»n,
Jan.
31
Jan. 19
T»H Jan, 29
4«
Feb. I«
17>i
101
Feb.
Feb.
Feb.
Feb.
n
1»
7
18
2;
18
Jan. 7
Jan. 7>
Feb.
1
69X Feb. 25
4'llH
Jan. 1.V122S
92« Jun,
IMS
95
t«X
i'
Jan. 3t
48V Jan,
H
'US
a9x
4S
1
109
J 109
3 93
8-,x J in.
Ji o. S no
10.
Jan. 28
lis
•in
M\
9SS4
•Ills
sex Jan.
ItlX •:iis« 10^14 Jan.
108S •03« 101 J >n.
108
107), Jin.
'.11
V
8
•117
Jan.
00
X
•99
'122«
& M. cons. B. f. 9SX •9S>4
riits,Ft.w.&c.i«t •i;4^ •IH*
&I.M.l8tm
:
X
,« Jan.
lUH iBu.
Jan.
43
•17
•75
•46
•102)4
n«
71«
Feb. ^ttange slnee Jan. l/,0.^
25
Loweat.
HIchMl
•1(18J<
O,
St. L.
2t.
•15
41
>.
•1U9
•10.
Feb,
23
43 1<
•ii"
•;5H
L.S,&M,S.2dc.cp "9J
M. Cent eons, 78. •;i«X
M,&St,P,c.8.f.74
tA. & Essex 1st m,
N.Y.CiH, Istcp
Feb.
:
fti.old....
consolld
2d series.
do
M0.6B, long bonds
UlSt.uf Col. 3(>5s.
C. of N.,T- Ist cuus
U.faclstiis, gld
VlrK.
85
21.
•r.9»i
were sold
60,150,600
Km *1«3«
l23^i
securities
Daily closing prices of leading Stat«i and Railroad Bonds, and
the range since Jan. 1, have been as follows:
atj.Wl.aOO
no«aj«wa8 madeatihe Board.
in pri-ies since Jiu. 1, 1870,
bonds outstanding February
«»tt881
R8.1881
83.
U3i{
A July ;i3>; 'USK
re?. May A Nov. •118
*1I8
coan..May& Nov. 'IIS 'lia
6«, 5S0's,t865, n.i., reg..Jan. & .July *\V.>Ji *iaO
6«,5-W»,1865n.i ,conn..Jan.&.Iaiy.*ll«Ji liO
«8,5-20'«,lS67
re?...)an. & Jrt:y.*]22« 12J>f
6», 5-20'9, 1361.... coup.. Jan.* July. •122H
121)4
6",5-20'8, 18«S
rec..,)an. & Juiy.*12-;x 12J?i
,
con-
:
Hackensack A New York Railroad Company extension Arst
morIj,^age bonds
500 shares Hoffman Petroleum Company, per share
— There was continued activity in gov-
Int. period.
Ixtuiniana
Kagc 8 per cent, bonds
twenties of 1807 outstanding, besides the whole issue of 1868.
Closing prices daily have been as follows:
Feb. Feb. Feb
Feb. Feb. Feb
reg..Jin.
conp. Jan.
Keb
$I.OiiO
—
68,1881
l«
Keb. 1
Feb, 10
—
The following by Albert H. Xicolay &
ernments in the first few days, but latterly the foreign bankers
have been very free sellers of five-twenties, and prices of these
bonds are lower. These sales were undoubtedly influenced by
the bill authorizing the issue of $500,000,000 4J per cent bonds,
running ^0 years, which passed the United States Senate to-day.
The effect of this law is remarkably " discounted" in these sales,
even if it should finally pass and this is said to be doubtful by
some who profess to have good information. It would take a
long time to call in $500,0(K),000 of government bonds against
sales of 4J per cents, and after the whole transaction was concluded there would still remain about $104,000,000 of the five-
«8. 18S1
«3, 5-»0'8, 1865
6»,5-4i)'(!,1365
IUI>, J*n..13
Mutual Ueiicflt Ice C.-nipany
20 shares Firemen's Fund Insurance Company.,,
6<) shar 8 Fireuien'B Insurance Conipai.y
6 sliareB Mechanics' & Traders' National Bank
20 shares Manhattan Gas Liglit Company
10 shares WilliamsburEh Ciiy Fire Insurance Cempany
10 shares Commercial Fire Insurance Company
10 shares Sterling Fire Insurance Company
1874.
Feb.
& Son
100 r-harc9
47 shares
**fi« 550.700 tStiS.Oll 400 Inc..»l,45l.700 Sagi.g.W.lOO JSSa.WO.IXlO
IJ.fi.'il.aOO
2<.5ni600
2'3,01i.!)101)ec. 2,<l.''i't7nn
2S StJi.OJP
IT.OSS.JOO
loav
II
IMK
IMX
IM^
South ('arolina consols are weak and some of
the bankers fear that the Interest will not be paid on th« first of
April.
A law has passed the Alabama l^egiHlature providing for
the adjustment of the State debt on the exceedingly favorable
terms (for the State) offered by the Commissioners. The Injunction against funding the $1,0(K),000 issue of levee bonus in
Louisiana bus been removed, and the 8 per cent. Imnds issued to
N. Louisiana & Texas Itailroad are also now fundable. Kailrond
bonds have been active and. generally strong. The Interest on
Hanibal & St. Joseph 8 per cents, due March I, has iHten noticed
for payment.
The interest on Erie fifth mortgage Imnds is taken
up by a banking house having Scottish connections, and it is
supposed that this is done in the interest of Messrs. Miller and
Fleming, the committee for Dundee lM)ndholder», who are now in
this country for the purpose of a<ljusting matters, or else foreclosing the first consolidated mortgage. The bonds of the western
railrooids
particularly Northwest and St. Paul have advanced
very largely within the past six weeks, and the finances of these
companies since the Granger law has been repealed will Ite in a
better position than for eighteen months past.
The largest
borrowers of money during the past two years have been the
eoal carrying companies, including the Philadelphia & Reading,
New .Tersey Central, Lehigh Valley, Delaware & Hudson and
Delaware Lackawanna & Western.
These companies, either
directly or in the shape of guarantees, have added considerably
to their obligations, while most of the other railroads have been
chary of issuing new bonds. The monopoly of the anthracite
Cf)al properties and carrying trade gives these companies an
advantage, however, which others do not possess.
The Delaware Lackawanna & Western Railroad directors unanimously resolved to-day to change their broad gauge to a narrow
Tne following
excess above their 25 per cent legal reserve, the whole of such
excess being $14,822,150, against $16,010,575, the previous week.
The following table shows the changes from the previous week
and a comt)ari8on with 1875 and 1874:
O.rculation....
104]^
and Kallroad Bond*.— Virginia and
State
Muller
t'je
Specie
lfl6>?
S|
iWHVish.
gauge.
The weekly statement of the New York City Clearing-House
Banks, issued February 19, showed a decrease of $1,188,425 in
Loans anodlB.
I05« Fib n.
—
impolitic.
13.
ioa;^
n
sols are strong.
DIVIDBNDH.
Feb
1U8X
lOSV
HewSt
197«.
A
:o»H
ZI05V
104)^ Jan..
I07W J<n..
|l(iO,i()0.
Thoiiian Davis, C'aehlcr.
Bast Tennessee Viri^inin
HIthMt.
Lowest.
IM).'
:
paldliicupUal,
n.
18.
11.
Htatos (;omptro1l«r of the Currpiicy furnifiliPB the
followinj; statemeut of NiUional Banks orpanz-id the past week
Aulho. iz d rspital.
8 385— Former*' Nillioiinl Itniik of Mcrlmnicsliliri,'. Ohie
The United
$1U0.(X)(»;
London b»ve be«n as followa:
->ebT-
ieh.
Feb
in
24
Feb. 1
Feb. 8
Jan. 20
<ll>BX Feb, 21
s: tTX Feb. 21
3
99>i
lis
41100
II
j
* This
is
the price bid
:
ao taU wia made
at the
Bond.
—
Railroad and iniacellaneona Sloclca. The stock market
declined sharply under a decided "bear" movement which carried <lown the jiricesot all the speculative list, led by Pacific Mail
and Western Union Telegraph. There seems to be little d(mbt
as to the causes for this decline, and the "street" seems to be
pretty well agreed that the attack came from the prominent operator who is identified with the interestsof Union Pacific Railroad
and Atlantic and Pacific Telegraph. At the close there was a
sharp rally, and, with considerable purchases today. Western
I'liion recovered and closed at 7a5<.«?73.
The final passage of the
Va'.ce law in Wisconsin was quite favorable to strength in the
Granger stocks, and the reports received from week to weSR Of
railroad earnings are also good, so that, except for the bear influence above referred to, the tendency of prices would naturally
have been towards greater firmness. The question of possible
<Iividenda on preferred stocks is now talked of a good deal, and
on another page will be found an article givinc the terras of
priority of all the leading preferred stocks sold at the Board.
From the general appearance of the market, and the sharp rally
to-day in Western Union and other stocks, there are many who
anticipate higher prices next week.
Total transactions of the week in leadinj; stocko were as folIowa:
„
19
'
Shore.
9,801)
8.8.)0
S.800
5,700
13 MO
•W.SOO
80100
40.900
44,8 W
55,700
88, 5nc
155..300
..800.000
494,665
M
*i
»
"
Total.
....
WholedtOCk.
Ihe
M.&
uo
prel,.
pref.
7,50d
4,J00
3,600
4.500
5,100
3,900
23,501)
79V 80J<
4IH 4I»
e«x tex
14.700
50,100
5,300
Rk. l.&P.. lloSuiH
su ;u
Oel.,L.& West iisQ 119
jrle.....
OaD.&St.jos.
17«
19H
;6X
19;<
Panama
13,100
3.500
7,100
8,100
6,000
61,800 80,100
153,99i isa,74l
pref,
M:& S.
L.,K.C.&N.
Wab. & W..
UnlonPaclnc
West. On. Tel.
American
5X
29
U3X
5X
64V
•64)4
Dpited States., 76
Welle. Fargo,. 'STH
76
>sa%
75X
StI
•This Is the price bid and askei
"
63;i
Mfi
5JV
60»<
21
29^1
12
i8><
•....
24
•22
31.
I2V
nv
lOKX
26
5X
5
68V
111)
61X
St!,-
74
8«H
90
74
90
6
109)i
64
i:o)<
X
;i;x 141X
loox loix
63?< *^%
61
115«U5H
21)4
2i!<
241,
25
•J!i%
6
«,v «NV
,3
'I'll
110
88
S8
no <al< was made at ibo Board
entire range from Jan. 1^1876, to this date, is as follows:
.
—Lowest.
Jan.
1,
Chic, Mil.
&. St.
do
Paul.
.
pref
&
-
7
11
Jan.'
6
OHJiJan.
8
35X
Northwest.... 38X Jan. 7
pref
56),' Jan.
6
1. & Pac.
I04V Jan. 5
& I. C
3>iJan. 7
& Weetern.im Feb. 11
^rfe
15X Jan. 7
Hannibal* St. Jo
18
Feb, S3
Uigbest.
Lowest,
*Jan. 31
3V Dec.
88
Feb. 84 l">i Oct.
109^ Feb, 9 99)i Oct.
7
.
.
45)iFeb.
16
88X June
61
Mch.
33% Oct.
67H Feb.
15
46
4ti>iFeb. Ifi
80>i Feb. 18
„^.<io
Chic. Rock
Col., Chic.
Del., Lack.
-Whole year
1876, to date.
HIH Feb.
UK Jin.
16
ISXFeb.
18
88
180H Jan. 3
lOOX
Oct.
May
June
106XJan.
18!^ June
3
n%
7
1875.
6 89>^Jan. 15
S 180
Apr. 27
12 40X Apr.
9
1
B7X Dec. 88
9
9
48«Jan.
9XJan.
ax
.
—^
&
Atch., Top.
S. Fe, Month of Dec.
Atlautic <B Pccifir...
week of Jan.
Canada Southern.... MoMih of Dec
Central Pacific
Month of Jan.
Chic. Mil. & St. P., 3d week of Feb..
Oln.Lafay. & Chic. 2d week of Feb
M
& RioG.... Istweekof
Hons & Texas C. 2 weeks of
Denver
Feb.
Jan.
Illinois Central ....
Month of Jan..
Indiana?. Bl. A W. 2(1 week of Feb
Int. & Great North.. Month of Jan
Kansas Pacific
1st week of Feb
Keokuk &De8 M... Month of Dec..
Marietta &Cin
Month of Jan..
Michigan Central.,.. 2d week of Feb
Mo. Kansas & Tex... 2d week of Feb.
Mobile & Ohio
Month of Dec.
Ohio & Mississippi*. 1st week of Feb.
l-aciflc of Missouri.. 3d week of Jan.
Phil, & Erie
Month of Dec.
Home, Water. & Og. Month of Jan
8t.L.Al,&T. H.bchs. 2d week ot Feb,
St. L, ].Mt.<fc South. 2d wcekof Feb
Si. L K. C. & N
3rt week of Feb.
St. L. & Southeast... Month of
.Jan
St. Paul &S.City,&c. Month of Jan'
Tol. Peoria&Warsaw Month of Jan
.
.
.
.
.
.
.
1876.
$152,584
24.943
126.552
961,000
121,000
9.141
7,:)46
1.38.2H
588.447
ii,2l\
141,380
48,496
50.164
167,256
129,221
80,348
291.014
64.010
•71,7»0
270,441
80,738
11,529
98,000
89.073
80.&12
69.187
99,208
1874.
1875.
1S74.
$102,226 il,580,«59 $1,850,806
81,418
71,729
68,031
98,177 1,21:1.076
963,938
961,000
9'*i'.931
86,500
891,000
897,701
7,408
51.634
48,687
6,0:)9
40,508
86,90D
^.'38
139,8!3
85,238
697,822
588.447
6!.7,22a
84,564
128,575
52,393
07,723
152,805
110,353
48,319
3t5,.07
68,434
.53,698
298,406
B7,,504
14,667
81,294
61,8i9
84.636
33,880
71.437
Current week
Previous week
Jan.ltodate
Ui%
—
ForeiKu Kxcbange Exchange was strong in the early part
of the week, and on Monday an advance of
^ point was made in
the rates for slerlijig. Since Wednesday, however, the market
has drooped, and, with small business, prices are lower, the
nominal rates having been put back to 4.86 and 4.90 respectively,
for prime 60 days' and demand sterling bills.
There has been a
fair supply of cotton bills coming forward, and some were offered
to-day at 4.83 which were held at 4.84 a few days since. At the
close business was quite dull.
Quotations are nominally as follows
:
Paris (francs)
Antwerp (franca)
Amsterdam (guilders)
Hamburg (reichmarks)
613,700
41:i,0:«
,361,426
4T0,l!f3
80,848
69,187
99.806
84,536
33,880
71.4.37
'""^"'* °' '^°'"' "^^ *^ supposition that further con•J
u,
siderable
exports will take place during the next three months.
o-<lay
the exchange market was lower, and no engagements for
1
coin are reported for to-morrow's steamers.
It is even sugi-ested
that part of the previous shipments may have
been made for
effect, to influence the gold market
though to this it may be
answered that the margin for export of gold to the Continent
was better tlian to London. The total shipments ot gold coin
since Saturday, tlie 19th, inclusive, have been
about $1,200,000.
ro-day there wei» unfavorable despatches of depression at
the
84
40>i@
B.14K@5
40X
9>)«@
llJt
40J4(a *»H
»5J<@ 9«X
iby,& 96)(
9S%& 9«X
95>i
93'i
95)i(b
9o)i(a
Custom
House
96%
96>i(a
KH
Feb. 19
81
687,000
28
83
Sub-Treasnry.
»
-Receipts.
-Payments.Gold.
Carr'-ncy.
Currency.
Gold.'
,
Receipts.
$207,000
1866.333 31
683,Cr74 06
1614,899 31 (1,003,323 92
1,468,1S3 74
087,080 18
$708,201 OS
1,262,136 69
Holiday.
820,000
2)0,000
216,000
84
25
Total
8,090,000
Balance, Feb. 18
Btlance, Feb. 85
85:i,875 33
2)6,486 59
811,013 29
1,137,815 76
884.1.58 94
601,462 70
8,849.117 68 4,592,500 48
47,914,801 22 37.,564 093 26
46.501,797 31 37,885,98101
977,3;)0 77
1,765,908 97
910,532 88
70,3,854 31
604,771
539.594 93
4 282,182 06
4,870,618 78
U
—
The tollowlug staiHuieut shows
IVetv York CItr Banks.
the condition of the Associated Banks of New York City tor the
week ending at the commencement of business on Feb. 19, 1876:
-AYBBAOB AMOUNT orIioans and
ClrcDlaLegal
Net
Capital. Discounts Specie.
Banes.
tlon.
Tenders. Deposits.
""
»f,)6«.-.;00 I2,S)2,600 |i,(/lS.(JOtJ
13,000,000
New York
{27.90C
f8,829.2H/
2,050.000
Manhattan Co
6 326.".00
1,J36,-C0
9.500
396.21J0
5.9:«,800
-
Merchants'
Mechanics'
2,000,OOC
1,500,000
3,000,000
1,S00,«90
1,000,000
1,000.000
anion
America
PhfflUlx
(Jlty.
Tradesmen's
Fulton
Chemical
Merchants' Exch....
600,000
300,000
1,000.000
1,500,000
800,000
600.000
iOO.OOO
SOO.OOO
300,000
2,000,000
5,000,000
aallatlu.N'atlonal..
Butchers'&Drovers'
Mechanlcs&Traders
Oreenwlch
Leather Msnuf
Seventh Ward...
atateof N.York..
American Kxch'ge.
.
Commerce
10,000,009
1,000,000
1,000,000
Broadway
Mercantile
People's
422.700
2,000,000
450,000
412.500
North America
Hanover
1
Pacific
Republic
Chatham
Total
The
16>',200
1.6'J1,4I0
399,2tX)
321.300
3,7;lt.)0U
275.400
5;, 00
10,«OO
5.0,:)00
a27,'i00
16-,61H)
815.100
89,200
272.100
763,00<)
7.M.5i;o
894,0W
18:i,4li0
hB8.:«lO
225,000
10.700
.72.700
17i.«00
1-2,500
9(4,200
857,100
;i,3H.lliO
1,8.'7,600
2.4'J3.uOll
110
2!3.1(K1
ibo.!"*
212.400
6,500
66,6(0
2'i8.t(X)
:5),000
64<,100
853.(00
l,497.0ii(,
l.SW.OOO
42.800
47,700
145.400
52.500
Hbl.SOO
1.854.6(10
Ji2,300
5.O0O
109.200
i:.4:9.8oo
4W.70C
13.33.1.600
2,634.000
6U.700
11,700
13.000
11.400
9.600
46<.000
'*"-'i<">
350,000
300.000
^SO.300
571.200
i,000,00(
),000,OOC
•.».9'J3,i'O0
6S.I1OO
1,000,0(0
7.'87.00C
1.6<1.000
5,9i6,200
r„:90.500
7,200.1(0
l.JSJ.OlO
1. 63.0011
au,CtC
1.250.1)10
3.100
211.000
2,500
I.OIl.OOO
3.100
2.018.700
353.900
8.100
1,000,00(1
5(10.0(0
200.000
•
l.OO'i.oro
81
3.3.il,*,0
1.210 S'JO
2,333,100
2.''U.70U
2.11H.000
9,469.^00
1.713.200
from
tlie
11 .iOO
423.1W
131,000
3,100
2,2!>2,!i
3.8110
i9;,}i>o
3,263,60
351,00(;
l,4.:i.300
4.800
613.000
160.200
3.270,100
!».900
895.1'Oii
1.917,700
19.611.300
14,929.400
;6S.9lO
l,v52.200
9a7,700
676 ..W
la^|.m
4.000
I49.909
l,15.->.400
4.'.'23.9i,0
1.7'.1,400
112.8:0
172.600
161.5(10
152,100
13:.6O0
2,>»-a.60C
1.9'3.000
60,(00
302,7110
6'2il.500
:'9(l,000
5:4.110
13.Jl6.3jo
i.nftwo
l,:)OiS.liO<'
7,161,01X1
l3^.lO
1,776,1(111
959.100
616.800
5,721,200
6.272,100
1,007,9110
;,2n.soo
8.371.1*
235.7.0
114.3(0
270.000
1,162,5110
S97.l'tO
.S83.310
l.a'5,000
2.9S7.10O
327,900
1.1I5.1KK'
1,116,10.
177i(»
jes.-uo
194.300
89.100
returns of the previous
45,l'llO
41.41'0
26.1.5 "
443.5'*l
7iJ.6uO
219.000
9Si'.HiO
»<r.' S5.-2O0 «238.OU.10O I22.644.9«-. tlS.96T.80(l IV21.7i;2.-2^1
deviationii
'282,<IXI
553.000
195,010
-7:.5(0
413,000
157,5(10
2.9'
l.oin.oi'.ii
7,821,0l(p
1.5.i.^«)l)
3.:i2.6oo
73.9i)0
111.91)0
:.iOO,000
243,61X1
BO.lOO
252.2(0
406.000
3,OOj.10O
S31,«llO
2,680.400
o'iseoo
4.,'i31.«00
i'lC,( O.n
1.361.000
1.140,600
763 3(H)
2.8J2.4JO
a.0l)8.6O0
2.:86.1on
3.9:2.100
1,411,8,0
9il.00
143.200
4S9.4aO
148.000
191,900
2.700
3,00!.8'JO
1.93'. BOO
1,131,400
»;..oo
2,325.100
2,7l3,300
2.492,900
6Ji,8oo
i.iW
1,206.100
7.256.800
2'.6.500
n3.2in
300.000
'
438 300
5,176,'iOO
1.7«"),:00
438.'O0
161.000
959.300
2
351.360
270,000
3,lfl3,6'0
97.J(K)
3,0.i5,9Hl
12.«97,00(!
1.66. .;;ni
300,001
American,
German
DryGoods
1,7 0.000
.>.355,5(iO
3.305,;00
3.1iW.700
1,863,200
2.6«a.300
3.539; 00
2.115.000
1.500,101
.
610,300
1,631.000
.31.000
3-6.4a0
8,600,500
1.8 •8,600
400.000
1,500,000
2,000,000
500,000
Central National...
Second National....
Ninth National.
Iflrst National
Third National
N. T. National Eich.
Tenth National
Bowery National...
New York Co. Nat.
2,S«,600
861,000
231.H u
laS.fkn
;0.972.MXi
2 ,il:,300
4,791.^00
3,l;0,JfC
:iOn,ono
(Jrocers'
6«2.(100
.1.919,700
1,000,000
1,000,000
1,500,000
..
3,05S,300
7.3;;.000
HO.KM
1,0110.000
Oriental
.i!r7,4lHI
l.iSS.^iOO
l.OOO.OOO
1,000,OCO
Nicholas
4.817.,5l)0
iitl.WO
l,lU,fi>0
1.7'1.'00
60l,Ol'J
Market
6,S93.a)0
I.UO.IOO
i.ai9,:)00
3,:i6i,'.oc
l.OCO.eOf
Citizens
(fassau
l.'(9J.30O
23!l,?00
7.95(i.si>.i
5l'0,000
Metropolitan
6-.'..l|iO
b.W\800
3,559,400
5,-06,100
1,000,000
.000,000
[rvlng
St.
'
'
' '
8.(98.3iiO
:i,000,000
North Klver
East River
Manufacfrs'A Mer.
Fourth National...,
319,8:)0
153,897
3,5'%,919
67,50!
84.917
4.87)«@l.l<S)f
4.87 (^4.88
5.14J<ia5.115<
5.14Ji(a5.11J<
@t
The transactions tor the week at the Uustou tlouse and Sub
rreasurv have been as follows-
Marine
Importer!'* Trad'rs
Park
Mech. Bank'g ASBO.
05
(§^4.85
95X@ 95^
Frankfort (rcichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
152,805
744,911
300,824
2,391.016
194.812
3,:«5 897
80,728
5S,210
4.88V4'?t4
4.88V4'a4.9^fl
5.17i«@5.14;<
5. 17>i@5.14 V
Swiss (francs)
^n
iMI
3 days,
4.89^(3)4
©1.86
6.:7X@5 14%
Continental
379,'
4.85
4.84
4.83
Documentary commercial
215,1:10
7.I6,185
3;0.767
1,914,342
60 days.
4.85>4@4.86
sterling..
256.5:i5
771,2.30
Feb,
.
Shoe and L.-ather..
Corn Exchange
798.788
167,256
mx
1135^ 113« 114)i 114
$161,433,000$
$
113
113
113^ 186,880,000 1,359,229 1,554.1
113
118% 114)i 114
........
.....
171,169
142,575
has been stronger in consequence
;
Friday,
1 1)9.275
14',:;86
This year's figures include the earnings of
the Springfield Division.
Ibe Gold raarket._Gold
Wednesday,
4
i
28 109J4 Aug. 19
.
Itoadg.
Tuesday.
Thursday,
68<liJan.
18
14
2 123
Apr.
21 35>iMch.
,
,
Monday,
Highest.
Apr. 30
.
'
,
18
82>iJan. 31
Oct.
8 30^ Mch.
do
pruf. 26
Jan.' II 33>i Jan. 31 80)i Oct. 13 37
,
„
)i Mch
Haflem
18fl« Jan.
115
Feb. 14 187^ Jan 12 138 Apr.
Illinois Centril
97)^ Jan,
101
Feb. 24 88)i Oct. is lOti Apr.
Lake Shore
eoji Jan.
e^XJan, 17 61 ^ Sept. 15 80X Jan.
Michigan Central
57
Jan
63^ Jan. 17 53 Sept. 8; 2)ii«n.
N. Y. Ceu. &, Hod. R .,104J< Jan.
inx Feb, 15 100 May 88il07J,' May 8
Ohlo&Miesieslppl..,. lov Jan.
S4J4 Feb. I I4X Sept, 23 32X Jan.
PaciflcMall ....
i;9^ Pfb
3 % Jan. 17 aOJi Feb, 10 45Ji Apr.
Pacific of Missouri, ...
11
Jan.
Ibx Jan. 31 7M Oct. 81
Apr, ,10
Panama
127
Jan.
136
Jan. 8 llOJI^Jan. 21
Apr. 26
QnicksilTer
17
Feb. Iw 80X Feb. 85 13
May 14
Jan. 6
*'>i Feb. 7 213i Feb. 85 80
July
, -..^'i'
16
w.
.
Jan. 7
!<t. L., I. M. & South..
15
Jan. 4
Feb. 12 13 Oct. 20
Jan. 8
St. L., K. C. * Norih..
7 38)i Feb. 85 l9Vi Dec. 81
28Ji Jan.
Apr. 30
Toi.. (Vabash & West.
3
Jan. 5
6y, Jan. aa
2}i Dec. 81 21KJan. 2
Union Pacific
fiS!i Feb. 86 74>iJan. 17 36
Jan.
18
8234
Nov,
30
Western Union Tel
71X Feb. 84 SO^Jan. 31 70X Feb. 17 84Ji Ang. 17
Adams Express
118
101 H Jan.
Feb. 15 98 Jan. 8 10l>i Mch. 83
American Express
57
Jan.
67
Feb. 14
United States Express. 5« Jan. 86 7«H*'eb. 14 60 June 25 65 Jan. 15
Jan. II
41>i Aug. 11 65
Wells, Fargo 4 Co
SOJiJan. 7 91
Feb. 14 71
Aug. 88 92X Apr. 30
Itallroad Earnings.— The latest earnings obtainable, and the
»otals from January 1 to latest dates, are
ait follows:
LateBteammgsrejported.—
Jan.l to latest date.
ISiBor
1875 or
18".6or
1S73 or
.
Qnolalions
Toial
Balances
Open. Low. High. Clos. Clearings.
Gold.
Currency
113X $44,554,000 $1,521,792 $1,799,896
21^ ...nZU 113X IH...114
83,4:16,000 1,202,322 1,375,601
22
Holiday.
81 ..Miii 114)i IHX 114X
35,957.000 1.266,491 1,765.065
21. ...114
ll:ix 114
I13X
30,318,000 1.610,514 1,7:12,831
86 ...113X 113X lUX 114
87,198,000
900,886 1,036,781
Saturday, Feb. 19....113)i !13)4
Good bankers' and prime commercial
Good commercial
20 !i
18'. 6.
Paris Bourse, which stiffened up gold to 114^.
On gold loans
the rates paid to-day for carrying were 3. 3| and 2 per
cent
Cu.storas receipts of the week were $3,090,000.
The following table will show the course of gold and operations oj the Gold Exchange Bank each day of the past week:
19
24
Mi< 61K
;4X 14 <
88
Lfelruary 26,
„.._..
Prime bankers'
:
..Li
».
,.
Atlantic
Pacific pref. 4
^n.™
Jan
Atlantic * Pacillc Tel.. ]85<^ Jan.
Central of New Jersey. 103 ,ian
•
-
:
M>% 3:«
12X 12)^
lOS
64
13V 71V
•57
5X
17S u%
19V 80
^S
llOX
W
I19XII9H
3ii<
68V «>X
V.ii Ti^
7!!<
6.^^
7.iS
64
•«H
25)4
31H JiX
<«
est
V3V
4)
60
2iV
18>i
V
2!>i
lOax 109V
64 >^
19
I14H 116
ll.'iV
U
n
t>H
•3X
H
•ISO
•b8V 69
42'^
68 1<
nox
lll'H
39),
".... 143
101
101
38H
12X 12H
SIX SIX
73X 74H
42X 43W
.9« 79V
•28
!1S
IN
io;v
•5
«3V 6.iV
69V 60V
i\H
liijx
119K 119H
r.X 17V
... 143
114X
21X 22
M
109X
m
2j.
5H
63
lOOV 100\
23H 23X
..."lUHt^
l<:x,.
'
130X 130X
81
"fSx
29
33X 335
23X 23V
2V
'21
31
19!(;
113S
^
5s
m\
5>l
Feb.
2i.
21
20« n
lOiX 107K
«!>» 43«
77« 79J<
41X 4S)<
119X 120
17X I7«
H 19S
•29
..„
17V
18
5X
»%
109« i;ox
>H
r*
19)4
17
Feb.
81.
48K 4lX
7>!. 79X
42K 48X
63K 65
«m
18
18
...
lOOi
45
I"!*
61 Hi
«)(4
11S>< :i«
22
22X
"'.a)-, 135
AdamsKxp
SX
SO
•99!<
6.iV
Michigan Cent, eox 61
H.lf.ucu.&U.U. :IS 116K
Ohio & Miss... 22X 22ti
raciac Mall.... 33^ SiH
Pacific u( Mo..
ViH 12X
do
F,b.
•«.
2lili
!|19
•18H
pf. 29 )t 29 s
do. do.
"142
!4-l
Illioois Central UUii lUUti
Lake Shore
66
(e^
QnlcksllTer.
Feb.
21.
S«
1
Barlem
Chic.
19.«fl0
48S *iH
eS
AdU
ll»X luiy
e.,
„^,
P«nl
Paul, pref
4.600
J,900
St.
.
4),:100
(.8,300
:
Sl)^
109
**'4
79
Col.OiilcAl.C.
The
9,200
5,0
,
Jl vlortll.
do
I.
5,500
8,900
821,600 61,900 48,700 21.900
337,871 149.930 78O,CO0 800.000
Feb.
19
Fac, Tel, 19V 20
gentralof N.J, 107k "J9
., Mil.* St. P.
45
4(
«t.
T.,
St.
Miss.
of shares of stock outstanding is given in
the purpose of comparison.
daily hi/jhest and lowest, prices h.ive bepn as follows:
siiiarda]r,
Monday, Tuesday. Welneida}, Tlmrsaay. irrlosy,
Pac.pref
8t. L.,
*
Ohio
«4.«X)
8,900
S.SOO
8.9J0
line, for
Feb,
CblC.
t
40,400
8J,500
Holiday
A
At,
Chic,
Union. N'weit. Brie.
number
total
the last
The
Lake West'n
Pacific
Mail.
«1
Si
'•
"
.
THE CHRONICLE.
202
_
^
'ek.
—
H
-
ISOJ*
fK.lW.tOO
wt-eli
are as
.Tif.
Dec.
»'9S.?o?
follows
Loans
Net Deposits
In". «i,i:4 700
I
Specie
l,e^l Tenders
uec.
In-.
2,159.700
l,OT2.2*wl
The tollowing are tbH totals
Loans.
Soecie.
Legal
Tenders.
II.IWI.OIIO
29...
5...
266,067,400
2:),37ii,800
12..
26«J15«.70(I
Feb.
19
2I.90I.60U
22.041.900
..
268,011.400
for a series of weelis past
2;,is.,.oo
Jan.
Feb.
Keb.
2'12,a0(.l<)0
Circulation
Clrcu-
Deposits.
liition.
110.400
;
Ai'groBtte
ci.-srlnm
220.02! 10)
17,;57..'»XI
4U1.7K9.U0
47.:<56.'*iO
22l.5t'J.10U
'2iJ.553J0U
224.762.200
17,11,1.300
17.295 50,1
44i.'2'.9.;(ll
«7.3i5.60U
4»,»67,80O
17.IS3.100
416 t'«.997
414.9.0,717
J
:
THE CHRONICI.R
Fe'iraary 26, 1876.]
Boaton Hanka.
..
Below we
a Biatemeot of the BoHion
!J«tlonalB»nkB,aB returned to the Clearing House on MondHT
""/>
Vuh 31
at 1878:
Feb.
Bwiu
Capital.
Loam.
Bpecle. L.T. Notea, Deposlta.
Clrcul.
AUucle
|7SV,0«0
ll.98.'.lKn
liVJOO
tI<.4U)
(413.400
1 113.9^0
Atlw
1,MM,00«
lit,400
t.iHi.M
44.1110
996.300
BUokatone
Boston
Hoyliton
,
,
Bi-usdwftj
Central
Cjlnmblan
OontlnenttI
Hot
Kferett
KanenllHall
..
,
.....
KrsQiniiu's
•.
t.ni.iio
900
2^>.^U0
1,000.000
100,000
^,331,4011
9.1U0
9,AI0
116,m0
aoo.ooo
sts.ioo
900,000
1,000,000
1,000,000
1,000,000
400,000
10100,000
ll2],0UU
Miiritet
MaBsachQBette
MirnnauU'
Matropoutan
Vernon
^«w Kaxland
ortli
JId Boston
Sflawiimt
Siloe & Leather
state
I
!»:iiroik
;
TradBrs*
rremont
ViiihlnKton
'Irst
Second (Oranlte)...
V'^;
Koartlj
do
iss'.juo
573.800
r:«,ioo
fblladelpbia
90.11(10
l,»l!.TOO
3,<^I.iO0
»«i,80l'
90,40J
39,U0O
loo
1.9:; -1,400
24JUO
2.4-.4.1IO(l
44,400
31.100
Jf.HOO
913,900
a.ioti
S.499.:l0ll
100,000
i.;'4;.8o(i
21,*0
1,000.000
3,2«0.«O0
91,200
19,100
127,200
38,9(0
64,2(0
s.2:4,;i;i
2.i»9.*IO
J.551.4U0
3.445.6JU
i,- 0,900
790,000
S.(r!4.!00
1. 000,000
8,88 1,too
1,900.000
4,280.9iH'
sooiooo
l.aoo,suo
••
of Commerce.
B«nkof N. America
B-inli
2,000,000
I.OOO.IHIC
'i'lt of Hodemptlon.
Bunk of Kiipiihllc...
Uoinmonwealtb.
1,000,000
1.900,000
500.000
341.4UU
(.16,700
S.5.4(IU
e:.ioo
99,800
18»,900
170.100
14\7U0
1.585.100
29.900
147,800
47.5(U
875.100
1.3J1.9O0
679.300
69J.i0O
151.500
5(3,100
57B.3.Jli
540,101!
51', "10
62.41,0
1.050.3)0
1.240 .800
801,100
88,1(0
5:4.3()f
87.600
12.800
,<4lneblll
23V.9o6
108,5iX)
!.1S0,"(HI
SIX)
15J,1|I0
5t8.;0(J
10,000
810.V00
44i.8uu
196,500
29j,OO0
60.100
!,U3.3jo
5..i97.8(IO
S.iaS.HOO
2,989.500
1.9l8.8jio
751 .Son
3.;S7.6tio
701.50
7"2.5oo
594.3,»
3t«.('(lO
2.9l"i.l00
719,800
I.OIT.'JOO
2.'.1«.900
595.000
1,000,00(1
2.05i,lU(i
46,000
26.6(«
I.»lO..V«)
'..IJO
1.00o',000
5.1.'i3,8(«
S"i7,7llO
136.700
132.400
1,500,000
2,000,000
S.eOJ.'iOO
4.f4S.iKXl
9S8.7110
2,800
2H.0U0
6S. IW
196.6(11)
40,0|iu
4--,0(10
679.200
2,'!9I,9C0
46.400
61.400
83' .800
177.2(C
521,100
1,199.000
447,300
...
"'ty
aoo,ooo
'"
1,000,000
1,500,000
tcr
»SI..S5C,O0u
•-J'"'-,-,-
Srt,«
10".,600
4'..ll.0
2^5.1',
15.560,400
- II
Tuntters
B.:orea8e.
475.;0O|
1
do pref
vn
Feb. 7...
Fob.
Keb.
133.492.500
133,555.30)
133,084,200
14.
21..
.>
E,451,9(10
6.211,300
5.560.400
5^016,400
55 598 700
25,051,000
55,600..2O0
34,4l6,Co
24,810.11)0
Banka.-Th«
PtalladelpUIa
following is tne average conditioaof the Philad„lpl,ia National Banks
/or the week preced
^
lug Monday, Feb. 31,
187(5:
Caoltal.
..oatis
Banks.
foiud.iphia
»i,&,ooo
North America
I.OOO.OIV
irrn.TBand Mech. a.000,000
Oomtnerolftl
rtoalhwark
Kenslaiftou
tld'in
iK-tm
4.5«2.goO
5.420.800
1,307,000
1.803.300
2.893,aH;
27,000
a57,9C0
21.000
Corn Kxchange....
Union
fl'sl;
•1^'"''..
Seciirltv
i79.0CO
750,100
.JOCCOO
Jm.nill
i^sntennlal
180,000
entral
^"'^l
1
S'.9WI
1.969.929
70,423
l.i;i.l09
1.562.440
10,5(11
3.043
7'JnOOO
1.91)3,00(1
3.9.3i
1. 521 ,000
4.311.00c
939,680
559,000
655.000
068.000
1.
.'.,000
SnOOC
15,000
1.253.000
4.542.00(1
1.019.000
2.181.000
441.000
»720,000
730.000
1.000.000
l.3l8,ao
3'5.6S0
132.000
203,9 '3
320600
946.1-25
23u 9(«
2.06!.013
205 8a
53O.0OO
m.M
921.J73
3.1.(5.00(1
.'.90
1.1311,000
;78 0O0
370.000
356 449
213 000
71«.a78
1,036,870
561.000
1.878.0OO
1.424.000
4.0i3.0(C
966.170
446.000
516,000
837.000
4.08O.O00
933,000
!l'2S
37,000
»7m383
Inc.
fSO.OOO
23).«;5
93.098
.
0(0
371060
2S4'0CO
79. (X
358'90O
\3!,'mo
219.5H'
2440110
82" 000
^i5.^M
631.0011
1!)!,000
l«2.000
'J!-*"
93.000
|I9,.523,579
»47,5'34,313
Tne deviationB from the returnnot pruvious week are
r',?''';"
y'",'.
615(00
!,7r.0(«
356.000
139,00*
171.000
236.000
»ie.575,nor 158.332.(12
•
263.430
933.114
431,530
192.351
1.159,0(0
355.000
;09,36:
332,134
113.000
615.000
2,442
16 000
18.000
13,900.000
S,9t6.000
4,312,800
1,580.000
3,399.000
1.3I6.3S4
698.671
IMJICO
1.332.5.50
!.4M.f(«
190,0(H>
!.50,COO
H«nkof Republic..
5,613
8;S.S10
3.767.000
300,000
^"!th
^"'jn-''
6,60(1
2.91.'.5O0
1,000,000
llilrd
11,637,000
1,667.000
1.678,500
629.000
313,667
«.,0(IO
519.212
1.035.123
100.000
260,000
500,000
500,000
(^otn'nonwealth
Total nel
Tender. Deposits. ciicnlafn.
L.
11.931
1.87'.1.;21
WsBtern
Manufacturers'
1,000,000
'1 iQkof
(;ommerce
^50.000
Ulrard
1.000.000
irradesmen's
200,000
OonsoildatlOQ
100,000
'"-y
Sr>..<-i»
,i373,o6o
810,000
300,000
500,0Co
250,000
250,000
100,000
400,000
.Mecbaiifcs'
Sink N. Liberties.
-
Le«a .Tender Notes
»I0,524.8S2
as followaDec
«497.461
u
Uoposlts
Dec
635
*'"";'»
Dec.
'circulation ........... dI":
J.ll'
The folloiviiig are the totals for a series of weeks past
Uate.
LpaiiB.
*"?««; Louarl'eniler. 0en.i«lt8. Clr.-ulatlon
Ian.
Inc.
«';?i'i™
58,2,(4,509
Feb. 31
iS^-Jif
f93,l>'
S---ihl^
5o.3.'r2,4i:
IN
BI)STII.\.
1«.7'«.77-
4«.7SO.S84
1«..1>S,«89
4S.i)SO,572
4M.98O
16,020026
70:,8 3
I5,5i2,575
PIIILmELPIHA
SBOURrTIXS.
do
Camden
.Malnels
'.'.'.'.'.'.'.
...'.
Ver^nontia
Ma%Bachnaetts 4b, Gold
do
K.)*lon 68,
5b. Gold
Currency
do Ss.gold
Chicago Sewerage 7a
do
Municipal 7s
ortlandss,,.,
.
Atch. ft Topekalet
11334
104
I
iii.
7b
'.'.".'.'
land gt. 7b....
ad 7bV
land Inc. 12b..
50
*o
"O
.
,,
lloston
ft AILany 7b
"
llO!ton ft Maine 7b
..."
Biirllnntonft Mo. Neb.Sa.'lSM
do
do N,.b. 8b, 1883.
Kastern Mass.. 78..
:m.'.'.'."'.'.
equipment ioi.
90
.So
funded debt 78
,
i^denaburg ft Lake :h. 68
(I dCol.ft
NewportBda,7, '77.
.,
1
U'ltland.
new
7b
.
V^rta'tcen.,lst M.,c'on8'.!7;'8i
do
2<. Mort., 7, 1891.
,.
'ermoatftCan..new,
10?24J53
AND OTHER^ CITIES,
.
81
.
.„
Vermont ft MaSB., Ist M. 6,
:oo
8TOCK6.
Boston ft Albany stock ..
130
Boston ft Lowell stock
fOH
Boston ft Maine
93
..'
113X Boston ft Providence
147K
Burlington 4 Mo. In Nebraska M% 37W
Cheanlre preferred
119"
Chlcaifu, linr. ft Quincy
Clu.,3an.luiiky ft Clev. stock.
9X
Concord
V
X
73 !•
67S
73
67
US
33W
9iS
93
«
'..',
Connecticut River
131
onnectlcut ft Paasumpslc, pf. 30
Kastern cMaBB )
11
Ka8tern(New Hampablre)!.
7X
99
97JK
V.<\
.00
S.'X
9X
MaorheBterft Lawrence
IiTK Naahua ft Lowell
92
Northern ot New Hampshire
.53
Norwich* Worcester
Ogdcns.ft L.ChamplaIn
do
do
pre!..
80
76 H
124K 125J<
311
OldOolony
Port.. Saco ft Portamonth
Kutland common
do
preferred
Vermont
ft
Canada
Veni.ont ft Masaachnsetta....
Worcester ft Naahua
77K
32X
105X
IS
SOH
102
1SJ<
100
101
78,1903...
Wattiington.
I
atawiBSO,
new
7.*.
iBt
Georgeunim.
General block, 8<, 1881
do
08, at pleaanre.
Bounty stock. 68,
do
Marker stock, Is,
d^
Board of Public works—
Cera. Geu.Imp.8s, 1874.
do
1876.
do
1879
do
1877
1878.
do
do
Beriea.
mil
108
109
96
ma
„
«.7», 1901*
,
Athens
g. 7s. •90*....
lOJj
JuncttonlBt mort.6B, '82
.10
2d
do
1900....
Lehigh Valley, 8s, cou., 1898..
do reg.1898..
do
do
do
do
78, 1910
do
con.
do
68 19/3
do
IW)
93
109
Water
m
la
7a
7-S08
Cincinnati Sottth'n
lis.
CIn.
I'S'*
19H
IIM
109
XhH
1905
f;x
Phlla. ftKrIelBt ni.6s,'81
do
2d m, 7f>.'39
1('2S
9SJ(
A Readlng6a, 80 1(8X
do
"8, '93
do
do
deb. bonds, '93
do
g.m.7B,c. 1911
do
do reg,l9n
do
new conv. 7b, 1898
doCoal ft I.Co m.,7».'92-'8
Phlla..
Wilm.
ft
;B,li«:.
steuhenvllle ft Indiana 7s. '84
Stony C eek. iBt m.. 78, 1907...
Snnburyft Erie 1st m.7a, '77..
U.MtedlS.J. c na. m. 6b, 91..
Warren* F. istm. IB, '96
Wi'st Chester con6.r8,'91. ...
West Jersey
do
m
Western Penn.
do
do 68Pb'96
Wllm.ft Ruad.,lstM..7.190ii».
do
do 2d Mort I9n3'
..
OANAL nONDB
2d M., 7,
89
93
07
08
103
98
•9
113
11.4
104
116
109
liO
96
104
90
02
94
96
8dM.,8,77... 101
do
83
cm.. Ham. ft Ind.79 gnar
87
Cin.ft Indiana, Ist la., 7
do 3d M., 7, 1877.. ".0
do
Colum.,ft Xenla. 1st M.,7, "gO. 1(13
81.. 102
Dayton ft Mich., l8tM.,
103
S9
-as...
90
75
It*
104
I
2d M., 7, '84
do
do
3d H., 7, '88.
do
do
do To'dodop.hds,7,'81-1>4.
Dayton ft West.. 1st M., 188U
Ist M., me..
do
Jo
Ist M. ,1,1906
do
do
94
(I.
ftOlstM., 7,1888
.
97
98
98
100
•100
Miami, 6,1883
Cln. Ham. A Dayton stock.
Columbus ft Xenla stock
Dayton ft Michigan stock
8p. c.at'kgnar
do
Little Miami Block
.
91
tl
16
68
89
94
56
70
90
99
10
100
4«'
(3
102
104
99
100
90
90
90
90
90
90
91
II
9!
91
bOIJINVILLR.
Lonlavllle6B,'a3to'87
68,'97to'»8
do
Watel «s, '87to'89.
do
Water Stock
Wharf6«
do
85 1«
do
do
.
la, "97.
special tax 68 of "89.
leir., Ma(1.AT,lstM.(IftM)7,'81
do
do 3rtM.,7,
do
do Ist M., 7, 1906....
Loulsv.C.ft Lpx.,l»tM.,7, '97.
Lonls.ftFr'k., lBtM.,l,'.0-'78..
do
L0UI8V. Loanjl.'81
<»Na«h.lBtM. (m.s.) 7.Ti.
.
II
•I
...
69H to"
90
90K
75
85
9:
»5
SH
M
1314
9«
91
98
conr., g,'94, I(9
gold. '97 106
Morrla.lst M.,a, 1876
3d M„ 1379
do
do
boat. '85
PennsylTanla6s,1910
BchuylklllNav.lat m.68,'97.
do
2d m., 6s. 1907
'
.
do
m. la. '95
do
6a, Imp.. '80
do la. bcat*car,19l3
do 7b, boat ft car,19i9
do
acrlp
Snsqnehaana Is, 1894
In
do
do
109
10;
102
do Lon. Loan (m.B.ls. *86-'fi7
91
do
do
(Leb.Br.)l.'s6 90
101
do l8tM.(Leb.hr.eT)7.'80.'Sf 93
lOlX
a**
Kit '97..., 104
do Lou.L'n(Leb.hr.ex)6.'9f »9
deb.T..... 98X
do ConBol.lst M..7, 1898.... 9«S •IK
conv ,'82 100
Jetfenon., Mad. A Ind
Delaware Division «s. "78
Lehigh Navigation 6a. 'St
do
do
do
do
do
honds.lODg.
D., 1st M., 7, 80...
'9
.
pref
rio
do
'lOO
lOO
85X
COT .Bridge stock,
Little
87
95
'Mi
lOOS
68, '96
do 7s, ',997.... IO8
RH. 68. 1.i93.... SO
Ist
ft
Bait. 9;, 18:4..
Pltl».,Cln,* St, l.oul87s,'90.,
•
7.S0e
nd., Cin.ft I,Kr.,lBtM.,7
Philadelphia
ShamoklnV.ft Pottav.
RR.
cm. Mam. ft
.(0
."5)4
llgjt
...
'83
'96
Ham.Co.,Ohlo6p.c.iongbd8,
do 7 p.c.l toSyra,
do
do lgbds,7 *'..3ar
do
,
91!)
100
CINOINNA'ri.
1
,—
W
45
Certlflcatea, 38, 1977...
do
do
do
on Cr'k & Ale. K <•• n.78,'89', 70
MX
01 creek 1st m.7», '83
PennftN.Y.C.4KIJ7B.-96-1906. IOjX
CennsylvanlB.lst M.,6,l'i80...
l04>j
--rto
i03
gen. m.6.1 191i\ cou
>Up lUO
108H
do .,
do
cons. m. 6a, reg.,
Pcrklomen isc m.6B,'97
bO
80
80
SO
Cincinnati 5a
•.
LlttleSchnylkl1\.lBtM..7,18T7. lOO
•--
Northern Pncinc 7 3-108. 1900".
North Peun, let in. 68. '85
2dm. .8, '96
do
chattel M. 10b 1877
do
gen. M. 7s, 1903..
do
M
Certlflcates.Sewer. 88.1874-77.
l09
H.ft B. T. lBtmort.7B,'90
3d mort. 7a, '95..., ;04
do
3d m. cons. 78. '86' 91H
do
Itliaeaft
1893.
.
Pund.Loan (LeK).i,i>.g,
O.08.J 191 2.
Cere. of Stock (1:^28)58. at pleat
"
(1843)«»,atplea»
Chea.ftO.it'k ('47) 68, at pleas.
;0O
19(iO
m.
93
55
100
Connecting 68 1900-1901
Dan..H. ftTVllks,lBt m„Ts,'81«
Iw
D-laware mort. 6b, various
100
KastPenn. 18tmort.7s,'88.,.
gl. ft W'raspott, 1st m, 7s. '30. Wl
do
do Ss.perp 65
ira
HarrlBhurg let mort. 6< '83
11)«
85
Ml
WS
Ten year Bonds, os, 1876
(TnnJ Loan (Cong ) 6 g,
99S
IMH
Amboy.SB, '83...
69, '89. ...
do
do mort.6B, *89.
Cayuga Lake
SI
wa
Inc. 7send.'94.
do
Cam. ft Atlan. li>tm,78, g, 1903
3d do78.c. ISliO
do
Cam- ft Burlington Co. 6«, '91.
I
FUChburg
.
lod. cin.ft Laf. 78,
wi^tJM
ft
Jo
10.5I5.l57
10 5 >4 305
BEOURtTIES.
B08'r4»N.
New Hampshire, Vs.
;813M9«
47,604,313
9a.
15X
3-lOs. 1899
Is K. Kxt..l910
(to
:
31
7. .....
C't). 14
fob.
^tlllT,lTIII.NS
130
66'
Belvldore Delaware,lBtm,6,'7
do
3d M. 6s,'f<5 98
do
99
3d
6s,'87
do
M.
do
.
S.10;>.aH)
101
M.cgrby
DUtnct of Cvlumlila.
Perm. Imp.,M,g, J.ftJ, 1891.
do
7s, r?9'.
Market Htock bonds. 7s. 1?93..
'H Watudtock bonds 78,1901....
HAItBOAD BONDa.
tor a aeries of weeks '^.
past:
•.
.••
Denoslu circulation
'*S»«."i^n
3,361.400 ''""'-'fe'iS"7,176.600
u_
2
_,
Morris
The (olIowiDg are tbe totals
nana
Loanfl.
do
do
do
4»X
Allegheny Val. 7
I.
'
Certlflcatea
Schnylklll Navigation
pref,
do
,.
If Atn
Uate
11
lOIJ. 101
iin
108
100
106X lOSJi
103
104
3d U.. (guar.) J. ft J. 108
3dM..(pref.)
91
W.' o.lJ.ftJ. 96
d..
5:)H
54
1(«
64
CAN at BTOOKa.
Delaware Division
iziiosiiwo
Increase
••, l««),j. ft J...
WestJoraev
iS5.600.;00 $24,449,000
Daposlts
A"*
M
(1
93!.JOII
(OetoralamonnfdnotootherBanlts.-'aaperetatemehtof ¥eb, 2i,Ta
The deviations from laat week'iB returuB are as
(olIowB
...
7
14
i.ehlgh Navigation
»13',014.20(j t3.UI2.aX)
1" A\
8<rM .(guar.) J.ft J. 103
65V Mar. ft Cin.7«, K. * A.. 1692...
I07X
Oil Cr I'ck & AUeKheny River. HX 14i4
do
3d.M.ft N
100
:wm
Pflnisyivanla
57X 67*
do
9s,3d,J.ftJ
il\ 21«
PulUcIelplila ft Erie
Union RK., iBt Koar.. J ft J., ;?« 100
Pnllailelphlaft Heading....
91X
do
Canton
endorsed..
93
Philadelphia ft Trent on
KI8OBLLAMBOU8.
Phiia.. wllmlOK. A Baltimore.
Baltimore Gaa.certlflcataa,... 109H 110
United N.J. Companies
People's
Gas
26
:8K
we»tCh.-sterconeoi. pref
do
o;s.5'.«
1,000,030
178
190
6X
NortberB Central Is, 1886, do
do
ia,igoo,A.ftO. KU 104
do 9a,col(l,IM10,J *J. 101 Jl lOlX
ten. Ohio I-, lat M,,!M0Jf.*8. 10(1, lOS
W. Md.9«,lBtM.,(gr)tO,J.aJ. loa IM
do
latM.. AlO. J.&.J.. 10
M
61X
51H
NtsqoehonlnK Valley
Norrlstown
North Ct-nnnylvanla.
45.000
4S5.4HI
100 1T2
I2U
PltUb.ftConuenBT.'!a,'9S,
,0
29
Lehign Valley
Lltileacunylim
I<1){
101
04
do
la, 1889, A. ft O.,.
N.W.Va.,«d M.(guar)'»9,J.*J.
4i
KUnIra* willlamsport
KImIra* Willlamsport pref..
MnntlneJon ft Broad Top ...
do pref.
do
ll«l|4
Par.
90 42
Connallaville. 90 7
ft
Bait.* Ohio
pref.
I6.(.IKI0
Silfle
.
2ud
Bast PennaylTanla
1*3
Wi
no
hi
BAILBOAD BOND".
94
un
41 ,m.
5.536.J00
J.SJS.300
CentraMhlo
Pittsburgh
prel
do
do
455.100
6 6,;o.J
7711,700
...
pref
1<9!« I(H)<
103
109
101
106
do
Wash. Brarch.. too
do
Parkersbnrg Br. 9<J
Northern Ontral
so
Western Maryland
90
...
Catawlsaa
9i4.5oi|
6S.4{iU
do
do
BAILBOAD BTtXlKB.
ft Ohlo-et'Ck
Bait,
...
7s,
Camden A Atlantic
309.90C,
87.700
<:ity 9*
do
45.llto
Ulty
tCtcbauee
aide * Leather.
""'ere
do
do
do
I)Klaicar>-6s,
do
Ilarrlsbarg City 6»,
aaiLBOAO sTOOKa.
Camden
:.735.*«,
7i8.10(j
do
,1890, quarterly.:
do
6s,Park.1i>»n,
t. li>»n, <J—
u —it
M.
do
•s,l>'M,M.ft g.
do
•s, ezempt.'«8,M.*B
do
Is, laoo, /. ft
do
«s,H03, do
Norfolk Wati'r,8s
UMK
uoM. various,
7a,Watei Ln. varl.
7B,8treet Imp.. '83-89 Idijk
New .Jersey 6s, Kxeinpts, rar 109
Cam'len County es, Tsrloua..
(to
35O.0U0
639,400
1.516,700
91l,*0O
1. 189,000
IWH
19K
9«,
9s,
mn
do
do
do
do
»53,3ji,
S48.3UI'
172.500
188,i(io
do
i2i.30.J
l3e.S(XI
•.43,700
381.6(10
4»,3ll0
Wd.iioo
948.20(1
1.101.600
569,200
478.100
1.389.200
1,433.4(0
5S1.700
5.521,000
965.700
>07.SOO
91,800
66,000
4,9u6
37.900
157.9;0
84,900
14.100
120.900
29,900
99.900
AlleiihesT
Pitt»burit4a, 1913
ei, dereoce, J.ft J.. ItO.H III
<•, eiampt. lugl ..
nil), 111
••, lf»0, quarterly.
10*
6s, quarterly ...
108
Baltimore 6a, isu,I, quar
uarterly.
II/7H
}?*<
do
<a, IDSl,I. J. ft
loJH
00
rar
new
'2('S.I»Hi
476.9JU
92.900
57.100
Sl.^KO
181.800
1.5.500
do
54;,200
939.200
925,100
>'<,800
U9.VKI
>.9,:00
200,000
1,000,000
1,000,000
900,000
1,000.000
1,000,000
1,000,000
1,900,000
1,14.^.3110
Int.
Tar.
ciir.
(i, 10-19 1877-83
do
19.3>. '«3-93
(a, ild, varlana.
la,
do
\tia^%
County 9a, do
748.1W
),8iO90O
1.967.900
do
759300
•OJOO
5S7.IIOO
00
do
*'k
BALTIDIORB.
Harrland
STATS a«p oiTT Boaca.
1:95,900
(8.000
99,100
iie,ouo
•aonaiTiaa.
HnnnaylTMilaSa, KOld,
3h,i-(I0
«(0
9,.'M.!I01)
515,100
511.700
19I.0UO
274.0UO
PlttL&OKLPMIA. Bte.-Vo>tln>e«.
PHILADBLPHIA.
;9:.7'.«
139.010
16,900
iHgtOU
111,100
3,112.110
l,09J,MiO
946.200
121.000
319.900
203
aaouBiTiaa.
38,9lO
1.039.100
2.«a;.too
l.TJ7.«00
i.kso.m
900,000
s,ooo,uoo
900.000
95.0U0
18.000
81,900
2.74a.WG
soo.ooc
soo.ooo
400.000
M^Terlclc
HerohandlBti
ilount
1.8:<.40a
1.000,000
500,000
ao.1TO>.
.21.100
3,IXX),0I)0
BOO.OOO
1. 000.000
790,000
(Hobe...
OimlltTi
Howiird
ManuractarBra
if\ve
default af Interest.
lx>nlsv.,C)n.ft Lex..pref.
da
do
lifl
Loulevllle
S'l
100
81
100
73)4
95
S3
77
78
94
95
76
ft
.
...
common.
NaahTllle
LOUIS.
Louis 68. Long Hon IB...
Jo
Waterlsgol.l
.•
1
4
M
IWX
l«0*
.• 10«)<
do(new)i' 1(4)4
do
do Bridge Approach g.68" ICcS
• lOoH
do Renewal gt Id 68
do Sewer g, 6b (<lue'91.2-3)' lr9«
St LouleCo.newParkg.9s..' 1(9
• 1(41.
do
c'y, 7a
At ft ParlAc gnar. land grants 2*
do
.10
•And
2d M.tfuBdedj....
Isterest.
18
S"
...
.
.
,
. .... .
mE
204
—
.
.
—
. .
..
.....
OHROmCLK
.
.....
.
[February 26, 1876^
GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YOKK.
U. 8. Bond*
ana
<
Albany
do
do
81
Al4bun«5a,1883..
5b,188S.,
do
do
do
8«,1888
do
88, M»nt. ABnClaB.
do
8e, Jl*.* Chat.R...
of 1892.
do
8b
of 1893.
do
Arkansas 6b, funded
do
78.L. H. & Ft. B.lM.
do
78, MeniplilB & L. n.
78,L.K..P.B.&lj.O
do
7b,M1b8.0. &B. Blv
do
do
78, Ark. Cent. R
Connecticut 6b
31
Susq., 1st bonds.
.
.
45M
115
108
100
118
IWk
»>\
106X
98
Central of N.
104
J., Ist
21
.
.
101
101
7b, new bonds
7b, endorsed
78, gold bonds
Prices.)
.
80X
—
tieorela 68
ft
Exchange
2d
do ...
do
3d
do ...
do
BostoB, Hartf ft Erie, Istmort
guar.
do
do
Bur. .C. Rapids* Minn. Ist 7b, g
Chesapeake ft Ohio 68, Ist m..
do
ex coun
do
Chicago ft Alton sinking fund.
do
do Istmort
do Incvtne
do
Jolletft Chicago, Istmort
Louisiana ft Kio., 1st m., guar.
St. LoulB, Jack.ft Chic, 1st m.
Chic, Bur. ft tj. 8 p. c 1st m.
do
do consol. m. 7b
Chicago, Rk. Island ft Pacific,
do
8. F. Inc. 6s,'95
80
-
Stock
50%
35
S2
lis'
101
102
ll:t
15X
06
US
99
loiH
m., new.
do
Ist consol
do con. conv
llIlnolB6B coupon, 1877
Lehigh ft Wilkes B. con. guar.
;87»
do
do
bonds.
*
Improve,
Am. Dock
Wi
Warloan
ao
Mil. ft St. Paul 1st m. 88, P. D
10ii>j
Rentncky 6s
2dm 7 3-10 do.
do
do
<4
LoiHsIana 6b.
7s.roId, R. D.
do
do
44
do new bonds..
do
do
Ist 78 £ do...
do
do new flosttnR debt 44
do
lslm.,LaO.D.
do
do
44
do
7s, Penitentiary....
Istm.I.&M.D
do
do
41
68, levee bonds
do
Istm.
I.ft D..
do
do
40
8b,
do
do
Istm. H. ftD
do
do
U
1875.
do
8s,
do
ftM.
do
Istm.C.
do
n
of 1910.
do
8s
Ist Consol.
do
do
Michigan «B, 1878-79
do
2d m.
do
do
6s, 1883
do
Chic, ft N. Western sink, fund
78.1890
do
Int. bonds
do
do
lOOX
MlsBoarl 68. due in 1876
consol. bde
do
do
101
1871
do
do
ext'n bds
do
do
lOl
1878
do
d«
Istmort..
do
do
lUl
1879
do
do
cp.gld.hde
do
do
U'lk
1880
do
do
reg. do
do
do
103X Iowa Midland, Ist mort. 8b,
Ftrndlng bonds due In 1894-5. 103
Long bus. due '81 to *V1 Incl..
Galena & Chicago Kxlended.
Asymm or Unlver8.,dne 1892. lOJ
Peninsula, 1st mort., conv
Han. ft St. Joseph, due 1876.
Chic ft Milwaukee, ist mort..
do
do
do 1886. 10.!
Winona ft St. Peters, Ist mort
do 1SS7. loa
do
do
2d mort.
do
do
IMik 105
do
do
Indiana 5b
110
97 >1 95)4
103
laix
97
9!
89)^
&
89
97X
lOSX
95
103V 104
92X
91h
.
do
2dpref
Essex
101
ft
Texas.
New Jersey Southern
N Y., New Haven ft Hartford
Ohio ft Mississippi, pref
Pitts., Ft. W. ft Chic, guar...
do
do special.
Rensselaer ft Saratoga
ft
Rome, Watertown
8t. Louis,
do
Alton
do
ft
Harlem, Istmort. 7j ^oup....,
do
do
reg
North Missouri, let mort
Ohio ft Miss., consol. sink, fd
do
do consolidated....
do
do 2d do
do
do
Ist Spring, div.
Centra] Pacific gold bonds
do San Joaquin br'nch
ik
151
45
do
& Ogdens.
T. Haute.
22k
do
pref
Belleville ft So. Illinois, pref .
St. Louis, Iron Mount, ft South.
Terre Haute ft ludlanapolls...
2IX
Warren
do
do
106X
Col., Chic,
Home, Watert'n
do
,
ATierlcan Coal
Oonnolldatlon Coal of >sd..
Mtrlposa L,ftM. Co., ass't paid
do pref "
do
Cumberland Coal ft Iron...
Maryland Coat
,.,...
Pfionsylvanla Coal
epniig Mouutalii Coai,,,...,
i
,
43V
lOl
St.
L.
121!k
Alton
do
47X
ft
ft
ft
i*x
20
30
20
107H
103
25
Louisiana
6S
I'JSX
do
.02X
95
104
104
109
lOO
Lynchburg 68
85
86
50
40
46
40
40
BO
80
80
&
Ft.
Dodge
S*
Det., Laos.
& Lake M. Ist m. 8&
;i2X
U8H'
US
9SX
9SX
I8X
ft
T. H., Ist mort
do 2d mort. pref...
...,
Evansville, Hen. ft Nashv. 78
Evansvllle, T. H. ft Chic 7b, g.
122X
118
Pittsburg Ist 78
do
2d 78
do
78, equip
60
84
95
88
Pere M.7B,Landgrant.
Fort W., Jackson ft Sag. 88.
QrandR. ft Ind. Ist guar 78.
do
IstX. 0.7b
do
l8t ex L. G. 7b
Grand Klver Valley 88
Hou6. ft Texas C. tat 78, gold..
Indlanap. ft Vincen. Ist 7b, guar
Iowa Falls ft Sioux C. Ist 78.
108V Indianapolis ft St. Louis 78....
97X Houston & Gt. North. Ist 78, g
F'llntft
. .
106
87
Si
68,gld, Juncft
do
do
6s, do Feb. ft Aug
69X
do
78, 1876, land gran
es%
do
7s, Leaven, br'nch
iQComeB, No. 11..
do
iix
do
do
No. 16..
115
Stock
do
1O8
Kalamazoo ft South H. Sb, guar
!03
Kal., AUeghan. ft G. R. 88,guar
Kansas City ft Cameron lOs.
109X
Kan. C, St. Jo. ft C. B. 8b of *85
it
55
do 89 of '98
do
do
IS
Keokuk ft Dee Moines 1st 78.
l8t coup, Oct. ,'76
do
9.x 9SH
99
funded Int. 89
do
72
pref. stock...
do
1O8
107
L. Ont. Shore RR. 1st m. gld 7s.
Lake Sup. ft Miss. iBt 78, gold.
90X
.
.
75
ft S. III.
87
Leav., Atch. ft N. W. 78, guar..
Lcav., Law. & Gal. 1st m., lOs.
Logans., Craw, ft 8. W. Ss.gld.
Michigan Air L»ne
Ss
Montlcello ft P. JervU 7»t gold
Montclalr let 7b. gold
39
MOf i(diisfts ft
Texaa
lOs
to railroads, 6s.
gold
68
.
86
do
ft
2d mort. 78
Gulf, consol
do end. Savan'ta.
do stock
do
do
guar...
W
KastTenn.ft Georgia 6s
East Tenn. A Vs. 68, end. Tenn
E.Tenn. Va. AGa. lat m. 78...
do
do
stock
Georgia RR. 7s
do
stock
Greenville A Col. 78, guar
do
do 78, certlf
Macon ft Brunswick end. 78...
Macon A Augusta bonda
do
do
endoraed....
do
do
stock
Memphis ft Charleston Ist 78..
do
do
2d7d...
do
do
stock
Memphis A Little Rod: let m..
75
90
SO
Ml
82
55
fS
110
88
to
IS
8i
to
12
.
65
75
60
to
MissfsBlppi Central Ist .11.78...
do
ft
do
Montgomery
2dm.8B....
Tenn. lat m. 7s.
do consoL Sa.
ft
West
64
95
60
SO
42
42
30
IS
5
P. let 8s.
95'
iDternatlonsI (Texas) Ist g..
Int.,H. ft G. N. conv. 88 ....
90
Jackson, Lansing ft Sag. 86..
lianBak Pac.7s,cxtenBlon,gold 73
do
7b, land grant, gld Ml
do
78,
do new gld (HI
96X
do
,
MlBsIssIppt
88X
.
..08X
M
41
»
,
Carolina Central lat m.6s,g...
Central Georgia consol. m. 78.
do
stock
Charlotte Col. ft A. Ist M. 78..
do
do
stock
Charleston ft Savannah 6s, end
Savannah A Char. Ist m. 7s....
Cheraw A Darlington 76
.
ft
,
new
bonds, 78
gold 78, quarterly
do
do
do
_
do
do
,
old
consol. 6s
do
do 2d m. 8s
ft Columbia 78
Denver Pacific 78, gold..
Denver ft Rio Grande 7s, gold.
EvansvlUe ft Craw fords v., 7b.
Erie
6s,
68,
Orleans 58
Atlantic
do
Dutchess
102
102
101
..
Ala. A Chatt. lat m.Ss., end....
Ala. ft Tenn. R. 1st mort. 76. .
Ist 78.
114
20"
oonds
savannah 7s, old
do
78, new
Wilmington, N. C, 6b, gold....
do
do 88, gold....
hatlroadb.
,
1U3X 1«3«
lOiX lOSX
104X
7s,
BIchmond
Detroit, Hillsdale ft In. RR.88.
Detroit ft Bay City Ss guar. . .
Detroit, Eel River ft 111. 88. ...
M
IS
,
Norfolk 68
Petersburg69
do
do
Dea Moines
99
16
72
62
do
do
do
do
do
. .
10!
IW
Charleston. S. C, 78, F. L. bds
Colimibla, S. C, 6s
Columbus. Ga., 7b, bonds
do
.
OOX
05X
lC7
104
88
Augusta, Gs.. 78, bonds
Charleston stock 68
New
iBt 7s, 10 years
2d 78, 20 years
Chicago, Clinton A Dub. m. .
Chic* Can. Sooth. l8tin.g.78
Ch. D. & v., I. dlv., let m. g. 7b.
Chic, Danv. & Vlncen's 78, gld
Connecticut Valley 78
Connecticut Western Ist 7a.
Chicago & Mich. Lake Shore.
Dan., Urb„ Bl. & P. 1st m.78,g
ItMX
IM
105
ClTlXB.
Atlanta, Ga., 7a..
Nashville
& S'thwestern 78, guar..
Cheeapeake ft O. 2d m. gold 7b
Col. & Hock. V. l8t 78, 96 years
do
do
104
Itt!
Montgomery 88
Chic.
109X
pension
Mobile 5s, (coups, on)
do
88, (coups, on)
2eM
82S
lOs.of 1884
lOs,
«s
60
9«
86
67
58
93
consol. 7s
Memphis old bonds, 6s
do
new bondB,68
end.,M.AC. RR.
do
8b..
& Iowa R. Sb
American Central 88
new
do
do
Nfacon
Grand Trunk
Hannibal R.
(Jitiotations.)
South Carolina new censoLGs.
Texas State 6s, 1877
do
6s, 1891-2
do
7s. gold
105
Duh.A Minn. 88...
&
8TH
8TATKB.
106
105
106
108
108
106
109
.
Chicago
11)6
2dmort.lDCome
R. 1st m. 5S
Tol..Peorla* Warsaw, K.i)...
do
do
W. 1)..
do
do Bur.DtT.
do
do 2d mort..
do caDaal.7iJ
do
rt >
105
107
102
1(»
no
&Fox R. Valley 88.
& Waraftw 88
Peoria
i«i(
2d mort..
Og. con. 1st
Iron Motmtaln, Istm.
do
2dn
Belleville
103
Qulncy
Chic,
33'
<^i<
S5
46
S4Ji
Illinois
4th mort
Ind. C. 1st mort.
nilscellaneons Stocks
m
do 2il m. 7s, 'gold
do
Keokuli& St. Paul 88...
Carthage & Bur. 88
Dlxon.Peorla & Han. 88.
O. O.
94X
75
Seclirltles*
{Brokers*
Central Pacific 78, gold, conv,
Central of Iowa Utm. 78, gold
IstCaronHB.
American .District Telegraph.
Canton Co., Baltimore
Cent. N. J. Land Xmprov. Co..
Dolawaae ft Hudson Canal..
106X
108
7s....
8s....
104K
no
•,u8
78. gold,..
So'eastcrn Ist 78, gold.
1. Mt. (Ark. Hr.) 7s, g.
St. L. ft
St. L. ft
Southern
99
100
io6'"
109
108M
do
68, 2din.,g
Canada Southern iBt in
with Int. certlfB.
do
I"?
2d mort.
Pitts., Ft. W. ft Chic, Ist mort.
do
do 2d mort.
do
do 3d mort.
Cleve. ft Pitts, consol. s. fund.
Toledo, Peoria & Warsaw
Toledo, Wah. ft Western, pref
104
103
2d 8., do
3dS., do
ORWegO
*.
Southern Central of N. Y. 7s..
Union A Logansport 7b
loex Union Paclllc, So. branch, 68, g
losx Walklll Valley 1st 78, gold
106H West Wlsconaln 7s, gold
Wisconsin Valley 88
98
99
ft Pacific L. G. Ss, gld
ft Nebraska, 8 p. c. .
do
do
do
do
do
106
107
106X
108X
losx 109
lOl
.\tlantic & Pacific land gr. m.
SouUi Pacific KI{. bds. of Mo.
Pacific K. of Mo., Istmort. ...
do
do
99
105
105
loe
101
106
4th S., do 88...
5thS.,do'8B...
6th S.. do 88.
Bur„C.K.AM. (M.dlv.).. .7s.
Cairo & Fulton, l8t78,gol
California Pac. KB. 78, gold,
Sinking fund..
do
do
106
Mo. RIv.,Land m. 7s..
16
do Cal. ft Oregon 1st., 94 Ji
do
State aid bondB
JSJk
do
L. G. bonds
ICIH
Western Pacific bonds
Union Pacific, 1st mort. bonds 105 lOBX
do
Land grants, 7s. io.;x
.
UA
Water7B
ft
75
1.
.
Atchison
.
Missouri, Kansas
RwiiuO-*
Cleveland ".B
Detroit Water Works 7s,
Elizabeth City, due '95.
"
" '85...
Hartford 68
Indianapolis 7'80s
Long Island City
Newark C!ty78
Bur.
un
J. Istmort..
ft
Sioux City & Pacific bb
Southern Minn, construe 88..
78
do
St. Jo. ft C. Bl. I8t mort. 108.
do
8p.c.
do
SanduBky.Mans. ft Newark 7b.
St. Louis, Vandalia ft T. H. lat,
2d, guar.
do
do
6s, long dates
7b, sewerage
7b, water
7s, river Improvement
7b, various
Atlantic
Rome 78, guar....
ft
bds, 8b, 4th series
do
Rockfd, R. I. A St. L. 1st 78. gld
18ri
coup. 7s, 18>4
reg. 7b, 1894
Poughkeepsle Water ...
Rochester City Water bds., '93
Toledo 7S08
Yonkers Water, due 1903
RAILKOADS.
Atchison ft P. Peak, 6s, gold..
.
4K
«3
iM
end
Port Huron
Pullman Palace Car Co. stock.
Oswego
95
106
102 li
100
19
21X
7s, gold
ft L.M. 7b, gld.
Water and Park
do
Sourhwpstern RR.
PeorlaARock
.
106
104 >.
14
•OX
ft
Peoria, Pekin
(Brokerii^ <^uotatU>n9.)
do
do
do
.
Morris
Oawpgo
Albany, N.Y., 68
Chicago
do
Loa^i, reg
C.C.C.ft Ind's.lstm.7B, S. F
coup. 1U4^ 105X
do
Consol. m. bonds
do
do
6b, Canal Loan, 1877.
Del. Lack.* Western,2dm.
1878.
do
do
68,
do
78, cony
do
1887.
do
68, gold reg
Morris ft Essex, 1st mort
coup.. 1887,
do
68, do
2dmort
do
do
loan.. 1888.
6s, do
do
1900...
bonds,
do
do
123 H
do ..1891.
do
6s, do
construction
do
do
do
d* ..1876,
58, do
7s of 1871
do
do
IH
North Carolina 6s, old, J. ft J. 17
do
do iBtcon. guar.
18
A.&O. U
do
Erie, 1st mort., extended
N.C. RR....J.&.J. 55
do
endorsed
do
do
55
....A. ftO..
do
do
do 2d mort., 7s, 1879
docoupotf.J. ft J.. 42
do
78,1883
do .M do
do do off. A. ft O.. 42
do
78,1880
do 4th do
10
13
Funding act, 1866.
do
7s,1888..
do 5th do
13
do
1868...
do
do 78, cons. mort. gold bds.
*'
New bonds, J. ft J..
do
Long Dock bonds
8X
do
A.
ftO..
do
Buff., N. Y. ft Erie, ist m., 1877
Special tax. Class 1.
do
do
do large bds
do
Class 2.
do
do
Han. ft St. Jo. land grants
do
Class
3.
do
do
do 8s, conv. mort...
Ohio 6s, 1881..
Dubuque ft Sioux City, 1st m.
do 68.1886
do
do
2ddlv.
Rhode Island 68..
Cedar Falls ft Minn., Ist mort.
35M
Boath Carolina 68..
Indlanap., Bl. ft W., 1st mort.
35
Jan. ft July
do
2d mort...
do
do
35>.
April ft Oct
do
Mich. So. 7 p. c 2d mort
Funding act, 1866... 35X
do
Mich. S. ft N. Ind., S. F., 7 p. c.
LandC,1889, J.& J. 36M
do
Clere. ft T«l. sinking fnnd...
Land C, 1889, A.&O. 35>i
do
d«
do new bonds
of 1888. 36>i
do
78
Cleve., P'Tllle ft Ash., old bds.
nonf nndable bonda.
do
do
do new bds
41V
Tennessee 6b, old
Detroit, Monroe ft Tol. bonds.
do new bonds. ... «x
do
Buffalo ft Erie, new bonds
43^
series
do
new
do
do
Buffalo & State Line 7s
104
Texas, 108, of 1876
Kalamazoo ft W. Pigeon, 1st.
36M
Virginia 6s, old
Lake Shore DIv. bonds
37)1.
new
bonds,
1S66..
do
do
do
Cons, coup., 1st...
37>..
do
1867..
do
do
do
Cons, reg., 1st
;5H
do consol. bonds
do
do
ConB.coup^2d
69X
do
do exmatudcoup.
do
Cons. reg., 2d
do consol. 2d series.. 41)
do
Marietta ft Cln., 1st mort
9
do deferred bonds
do
Mich. Cent., consol. 78, 1902 ...
District of Columbia 3.65s
do
1st m.Ss, 1882,8. f.
do
equlpm't bonds...
Railroad Stocks.
New Jersey Southern, 1st m. 7b
do
do consol. 7s
(Active previmiMy quoted.)
N.Y.Central 6s. 1883
lOOK
Albany ft SusquchShna
do
68,1887
lOO
central Pacific
do
6s, real estate
lUO.S
Chicago ft Alton
do
6s. subscription.
106
do pref
do
do
7s,1876
116
Chic, Bur. ft Qufncy
do
78, conv., 1876....
Cleve., Col., Cm. & Indlanap..
do ft Hudson, 1 st m., coup.
Cleveland ft Pittsburg, guar...
do
do Istm., reg...
Tihi
Dubuque ft Sioux City
Hudson IS. 7s, 2d m.t fd.l^..
.
f>raal a ft
iniscollaneoiis List.
Buffalo
40
2d7»«
Jersey
N. Y. 7p, gold..
N. Y. ft 08W. Mid. l8t 7b, gold,
2d 78, conv.
do
do
North. Pac. Iflt m. gold 7 3-10b..
CITIB8.
96k
Kew York Bounty
Erie pref
""iunlbal ft St. Joseph, pref .
lOOX ;o;x
Knols Central
.dlanap. Cln.ft Lafayette....
JOllet ft Chicago
Lone Island
Marietta ft Cln., Ist pref
do
m
m
do
do
do
do
R., Ft. S.
New
Long Island RR., 1st mort
South Side, L. I., iBt m. bonds
113X lis
sinking fund.
lll)t lllX
do
1U9
I09X Western Union Tcl., 1900.coup
mH
,
& Gulf lat ra. lOe
<io
do
2d m. lOs.
N. Haven, Mlddlet'n ft W.78..
N. J. Midland Ist 78. gold
Mo.
extend,
do
do
lat m.St.L.dlv
do
do
2d mort
do
do
equlpm't bds.
do
do
con. convert.
Hannibal ft Naples, 1st mort...
Great Western. Ist mort., 1888
do
2d mort., 18W.
Qulncy * Toledo. 1st mort. 1890
Illinois ft So. Iowa. Istmort...
Lafayette, Bl'n ft Miss., 1st m.
Han. ft Central Missouri, Istm
Pekln.LIncolnft Dccatur.lstm
Boston & N. Y. Air Line Ist
Cln., Lafayette ft Chic, IBt
Del. ft Hudson Canal, Ist m., "91
do
do
do
do
be.
SSOUKITIKS.
Bid.
ToL ft Wabash, iBt m.
Railroad Bonds.
State Bond*.
do
do
do
sxotTBmss.
Bid.
BBOUIIITrM.
Bid,
BBOtrmiTiu.
may
Prices represent the per cent value, ufiatever the par
Bailroad Stocks are quoted on a premotu page.
aetint
72
do
do income
82M Mont, ft Euf aula 1st Ss, g. end
Mobile A Ohio aterHng
66
do
do
do ex certlf
66
do
do 88, interest
do
do 2d mort. 88....
9.1
stock
do
do
76
N. Orleans
75
Nashville
15
14
Northeastern, S.
do
7-:
95
60
12
12
13
90
92
9U
A Jacks. Ist m
do certlf's^s.
A Chattanooga 68.,
Norfolk A Petersburg Istm.Ss
82
do
do
do
do
14
111(1
96
111(1
50
do
2d m.Ss..
Orange A Alexandria, Ists, 66.
do
2dB, 6s.
do
do
3d8, 8s.
do
do
4th6, 88.
do
RIchm'd A Petersb'g 1st m. 78.
Rich.. Fre'ksb'g
81)
75
92 H
25
90
7T
95
30
78
2dm.8e
C, lat m. 8s.
A
to
70
II
55
Poto.6s..
doconv.78
72
Danv. Ist consol. 68.
Southwest RR. Ga,lstm.
Rt"
S. Carolina RK. Ist m. 78, new
51
68
do
S3
78
do
7
stock
do
85
West Alabama 8s, guar
PAST DDK Ct>UI'ON8.
44
Tennessee State coupons
40
Vimlnia coupons...
86
consol. cotip
do
4«
Memplile City caapon?
do
Rich.
A
.
,
fU
36
H5
90
«B
<U
m
m
It
*
M
5*
8
n
48
43
a
m
—
6
4
4
7
5
6
3
4
5
..
.
THE
Februirj 26, 1876.]
NKW YORK
Bank
205
CHROKlCJLE/
SROURITIES.
LOCA.'-
lasDra^ee Stock List.
Slock LUt.
W Wall ttrest.)
(Quotatlont by K. B. Uailbt, broksr,
Con PAN IKS.
Uafked thui
100
lU)
100
AnuTicaii KxchanKC.
ltow(iry
Itnnidway
Head".
llutciierB* Drovers,.
25
.
UulI'M
M.ftN.
250 000
CO
J. ft J.
Corn Kxcliantre*
(Jurrency
Dry (loods*
Kast Ulvor
100
I.OOOOOO
100
100
100,00(1
1,000,000
380,000
200,000
150,000
•25
Klcventh Ward*
25
100
lUI
100
100
30
50
100
Kllth
Klrat
Kourtli
Kulton
(lallatln
(ittntirtn American",.
(German Exchange*..
U(!.-manla*
tirecuwich"
100.1
MMnnfrtrers'A BuUd!*
Manhattan*
Manul. A Merchants".
Marine
500,000
600.000
1.000,000
3.100.000
1,000,000
500,000
4.000.000
2-J0,000
1,000,000
3.000.000
200,000
100
100
100
100
100
100
Korth Rlvef
Oriental'
5(I0,(HXI
500,000
1.500,000
1,000,000
400,0CO
300,000
25
Paoiac'
50
100
Peoples*
PhealT
Produce'
4^22.700
'"
Third
100
100
:oo
100
100
lOO
!00
100
100
100
Tradesmen's
Union
West Side'
40
50
lOO
Seventh Ward...
Second
Shoe and Leather
8l»th
State of New rork....
Tenth
"";
«aa
2,000,000
412,500
1,800.000
250,000
2,000,000
1,000,000
300,000
25
20
8t. NI<;hoiM!.'.';::;""
7
U
<i-J.
14
iiii"
6
Howcry
Ilrewers'
???«
118
!0
135
'74. ..4
11
2-S
8
3
7
10
J.
ft
10
8
..
100
10
10
4
4
11
10
"ii"
"ii"
"4"
J.&J.
M.&8.
J.* J.
J.&J.
S
8
14
.I'.'&'.i.
F.ftA.
F.&A
J.
l«
10
J. ft J.
......
I. ft
J.&J.
J.&J.
J.&J.
M.&N.
M.&}..
M.&N.
J.&J.
J.&J.
J.&J.
J.&J.
A.& 0.
M.&N.
J.&J.
J.&J.
J.&J.
J.&J.
J.&J.
J.ftJ.
J.&J.
'0
7S
10
«
8
<
8
8
10
114
Mel..
8U
.4
'isoH
Jan 1,78...
90
12
12
S
8
It
12
3
8
1.000,000
1,000,00"
1,500,000
J.&J.
M.&N.
J.&J.
J.* J.
J.&J.
M.&N.
200.000
J.ftJ.
8
HI
10
8
47
Metropolitan
388,000
4,000,000
1,?00,000
1.000.000
500,000
5 000.000
"!!.!!,
certiUcates
(10
bus
do
Mitual.N. T
HasBau. Brooklyn
,
1,850,000
do
.
7ll0,0l,'0
People's (Brooklyn)
4,000,000
1,000,000
626,000
466,000
53,000
21,i«0
1,000,000
!..!..,
do
do
bonds
Westchester County
CertlOcates
Bonds
..
WUUamsburg
do
'.'.'.'.'.'..',
scrip.
1000.000
Bieecker ,St..ft FultonFtrry—iXot^k
1st
mortgage
,
BroudwaD
it Seventh ylc«— stock.
l8t mortgage
Brookian c'jiy— stock
1st mortgage
Bronitwiii/
8*^okl!/n
(
llroottt/n)—alock
tt f/nnter^it
J\~Btock..
1st mortgage bonrls
\i*nirat I'k. N. .t A'. /arer— stock
'stniortgage
Vhristnpher .f letHk Slreel—etouk
V^nevtitaiifl
lUd
lOOO
100
lOOC
;o
1000
100
.00
1000
100
1000
flrooi-'M— ist mort
100(1
Diiik, E. It. •tBauert/—Blor.k
Utinort^.igf, cons'd
100
,f
On/
m
Mtgfi th Aven ;/e— Btock
1st mort^riigc
1000
tlii .VI. ,t r/r«Hrf St /erri/— stock..
100
Ist morttrage
,
tenlriil Crnttft 'iown-
tUid
1st mortgage
ilintti Anevue
—stock
1st
mortgage
,
.
100
lOUl
100
...... 1000
Secunil ArtnH<'.—it<iC\i
10;.
KW
mortiage
2d mortgage
1st
IfllO
100(1
.W mortgaire
Cn28. ConvertI iilc
tttfiU't Afen.le- stock
1st
,.
mortgage
lilnl y(ceu««— stock
:«t mortgage
coiuu.i.
mows
1000
100
1000
2,100,000
1,500.000
2,000,000
300,000
200,000
Jan
'.'..'.'.
Jan.
1,'75..4
Ian.
3. '76 ..4
95
loss
1:9
121
"\m
S.'iO.OOO
200.000
150,000
ei^.flo
Mech.ftTrad'rs'....
'k"
Mcchanlcs'(Bklyn)
Mercantile
Merciiants'
"so"
9d
3S
81
"80"
'170"
Feb. 1,76...
185
Jan.3,'76...5
Ian. 3, '78.. .5
98'
.Isn 3.76.3W
JulylS,74.SS
Feb. 8, 75. 4
Feb. 14 •;6..4
W
Julyl,';5...3
Jan.S. '78. .7
iv;;<
Nassau (B'klyn)..
tt
200,0(10
17
204,000
150,000
150,000
10<
50
50
25
1,0(0,000
500,000
200,000
200.000
140
150
76
Oct.,
75.
25
100
100
25
50
50
fO
50
50
SO
25
2.^
..
Jan., '76..
Ian ,-78.. 6
Jan.,7«..8
50
20
50
50
111
•20
392,1.59
10
9 ,453
10
Jan.. 78
Jan., 78
899.723
10
10
J«n.,7«..5
10
icpt.,75..5
Jan
20
Jan., 76..
88,973
10
Jan.,
Ian.,
"76..
'76
186,67.>
18
Jan
'78.1(1
10;!,2tfS
10
10
.1
.1
&J.
&J.
*J.
8H
J.ftJ.
J.&D.
Q-F.
M.ftN.
J.ftJ.
'76.1
;Jan.,
'20
20
12
20
2"
10
10
12
"76.11
95
190
75
170
Ian.,'.«.l*
191
Ian., 78..
lifl
an. ,'78. 10
•200
Ang.,'!5.10
.Ian., 78. .11
Ian.. 78..5
Oct., 73..
170
10
175
its'
117
•20
Jan.,
'76. '0
170
20
Ian. .'78. 10
Jan., 73.10
'.00
Jai..,'7').lli
i:«
iO
15
141,040
8.5,94 s
200(110
200.000
200,000
83,6«0
11
•23,976
10
.150., '78
•22S958
6,318
49,q45
15;,7SI
20
Feb.,';«.15
n'A
Ja'i..'78.7>(
:0
'el>.,'7i>.
7I,S!5
10
10
'25
200,000
200,000
200,000
l':5,241
•260
95
95
m"
..i|
IJO
8 Jan.. 76. 5.8
u;, .l»n.,'76.7)<
94,153
176.0 •
10
A-ag.,'75 .5
•20
J*n., 76.10
200.000
150,000
i8'.),»;8
20
2.1
2.'i().0(i'l
261,511
10
3 0.000
IS(l.ifi6
18
10
.50
'6|P,(>U1
S74.:06
20
140
11"
1(«
100
90
5
II
^'i
210
1611
Jiin..".6..5
51. 04
•200
70
160
Jan .'io.n
785.8i-(
....
.Jan.. '78. .6
.i.n., 78.10
300,0(10
Over
Jan.,i«.!5
Including re>'.osurance, capital and
all liabilities.
Jan
,'7«..i'
l'eb.,7S..r
Ijan.. 76.10
100
1(0
761..
I
..
10(1
1880
Jan.,
(6
1884
N0V..75
1872
•Ian., 76
t.,75
1838
Q-F.
Nov., 75
J.ftl)
DahixlA. Uorak, Broker,
lWl-63.
..1054-57.
do
Croton waterstock. .1845-51.
do
..1^52-60.
do
Croton Aaued'ctBtock.1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds. .18,5,'!-57.
do
..1853-65.
do
1870.
Dock bonds
Floating debt stock.
Market stock
Soldlers'ald fund
Improvement Block
(.0
do
Consolidated bonds
Street imp. stock'
do
do
1860.
18^5-68.
186S.
1869
....1869.
. . .
var.
var.
var.
Npw
(TonsoUdatcd
Westchester County
Waterloan
Nov.,
|)rofit
Wall Street.]
40
Pa OK
Hid.
Months Payable.
5
6
5
8
8
7
8
5
8
8
8
7
;
6
7
6g.
«
7
Feb.,
May
Aug.ft Nov.
Uo
do
do
do
do
do
do
May A November.
May Aug.* Nov.
Feb.,
do
do
do.
do
May & November.
Feb. .May, Ang.ft Nov.
May & Novc'n
ler.
(Io
<)o
tic
do
do
do
do
do
do
do
do
do
8
do
Sewerage bonds
Assessment bonds. ..187ti-71.
7
7
1873
Bergen bonds
J an., 76
18T7
1878
1835
1888
1868-89.
Drooklun - [Qnoutlons by N.
Local Improvement—
CItv bonds
N<?v.,'75
Nov.,
1890
'75
J.ftJ.
1(;90
J ft J.
M,&}J.
Jau.,76
lui dividend on tiockt, also date of nistarliy of Mndl.
7
7
T.
Wati-r loan bonds
BriJjre'oonds
7
7
7
7
7
waterloan
6
City bonoa
KlngB Uo. bonds
•All Brooklyn
bonds
.
flat.
6
7
8
19(7-11
1877-98
1377-95
ICOl
19l«
1878
lR»'-97
1976
IS89
1R7'I 90
U4!
lS71)-«2
Ask.
101
98
102
V7
|l'2S
lt«S
lOG
;("9
114
IIHH
105
114
llCiS
115
105
lom
\<Sl
!!'>
114
115
ll'i!*
I'4i,
l>98
1891
7
1869-71
1868-89.
18.S4-I900
1901
9R.
1852-87.
lR77-(iO
18-,7-79
ISiW
1883-90
18SI-191I
(Io
January
ft
July.
January ft' July.
do
do
Jan.,May, Joly ft Nov.
January and July.
BxsBB,
Jr.,
January
do
do
do
no
do
May
ft
do
Broker,
ft
2),
July,
do
do
do
do
do
Novemlier.
do
»5
(8
lot
inn
102
lOSH
I876-S0
18S1-95
1915--M
in^X
lis
101
1(9
lis
IMS
1.4S
117H
1915
igOSi-IMU
:i4K
lOJH
106
11
11
ll51<
1877
1895
'75
.M.ftN.
scrip.
!50'
Neio York:
Water stock
I
1817
J.&J.
Q.-F.
.1. & D.
F.&A.
A.&O.
M.&N.
Jan.,
10
115
IK
ro
INTKRXBT.
Jan.,
J. ft J.
J.& .1.
J.&J.
M.&N.
A.&O.
Jan. ,76. 10
Jan., "(6. .5
10"
76
O
Jan.,'7«.-*i
10
10
1«)
[Quotations by
Jan.,
J.&J.
14
JO
c;tr Securities.
4
3
7
iii»
Jan., '16..
Jan., 78. .5
.Ian., 78. .7
10"
'
'jan.',''76.'|'
F &A.
";:::":
110
•2'25,5o7
Kate.
J.
,
in)
''.6
Jan., 76
ft
.'76.11
38.536
457,298
137,(04
89«,635
176,229
Jan., 76
.1
ns
i»
Ian., 76.11
10
214,01(
BW
.6
'20
132,077
275,859
11S,16!
333,082
155
IfS
,"711. .6
100
Tradesmen's
United Slates
Wfstchcster
WHllaniahnrgClty.
w
1C8
Jan.,''.8..5
Republic
A"g., 75.
Jan.. 76.
Jan.. 76.
Sept »,-,i
•m .&N.
M .&N.
Ian.
12
18
181,-276
•25,865
•200.000
iSS
Ian., '78
Jan. ,'76..
2
20
1
M
mx
««
ioe"'
71, '21
1 6,314
Ii;,5(l«
20(»,(100
a»
171
iss
,'76 .10
Ian.
213,712
100
I7t
125
lt»
Jan.. 78.
10
Resolute
Rutgers'
Saleguard
50
100
100
25
185
125
'is.K
let.,
Kldgewood
Star
Sterling
Btuyvfcsant
M
J«n.,7«..5
Jan. ,'76. 15
Jan. .76. .10
323,:91
1,(82
55.629
1I4,«87
Jan., '78 5
Jan., 76..
Jan.. 76. .6
•25
w
Wi
>'.b..'7«,
155,u24
282.425
320,899
ni,.39;
65,503
5(XI,00(i
100
Peter Cooper.
People's
Phenll (B'klvn)
ll«,(<5il
4 1,590
300,000
2(»,000
200,000
200.000
210,000
200,000
200,000
.5
Ian., '76 10
ljin.,78.7S
•200,000
350,000
200,000
200,000
150,000
150,000
1,000,000
•.!0l),( on
200,000
Jan., "76
Ian., 78.
IS .812
146,060
198,571
lr2,-«8
40,992
137,049
200,000
150.000
200.000
\fi
\r>
i),-.t.,7V16
15:i,09'S
200.00(1
250,00(1
50
Paclllc
Standard
Jan.,
Jan.,
.
liO
Niagara
North P.lver
St.Nlcliolas
Bid.
5(1
li.n.. 78.15
Iail.'76.5.8D
21,326
609.705
6I6,I«0
150,000
500,000
200,000
200.000
200,010
150,000
280,000
150.000
200,000
150.000
200,000
800,000
m
Ian., '78. .5
ll',0-2»
3,l'00,000
160
;*n.,7«..9
33,583
'200,000
National
37S
35
N. T. Kqultalile....
New York Fire ... 100
N. Y. ft \onke.-8., IOC
Keller
I
J.&J.
Q-F.
'250,000
Montauk (B'klvn).
Produce Exchange
.I»n. 3.76-. 4
,Ian. 3, 78...
Nov. 1,'.5..5
1-la.i. I.7'i..4 :::."
41.-.,000
1000
100
Metropolitan
I'ark
Jan. 3,76...
July 1, '75.. .4
Nov. 10, 75.. 4
75O.0OC.
,1100
'.
iiV
'73..^
3. '76
Lamar..
Manurft Builders'.
Manhattan
12)
3, 'IS...
lnlyl.'7.'>...7
J.ftJ.
M.ftS.
M. ft S
J.ftJ.
K.'ftA'.
1,199,500
:tl,4i5
30
20
40
50
100
26
l.orlTlard
'let. ;,':5. .4
111.75..4
F.&A.
J.* J.
J.ftJ.
797.3,'0
•J07,000
lil,<!3
20Cl,WO
200,010
(efferson
Kings Co. (B'klyn)
Knickerbockpr
LonglslandCBkly.)
Nov.
A.ft O.
40(1,000
203,000
748,000
236,000
560,000
200.000
2(K1,000
100
SO
101
Lenox
Last
300,000
0,000
1,200,000
900.000
1,000,000
10(1
Irving
l.alayctte (li'klyn)
.Ian. 3,76...
Jan.
Howard
Uiiporters'ft Trad..
114
Nov.!,75...a
N3V.l,'75..5
NtV.
Home
Hope
57>,
5
3 *70
3, '76.. .4
3, '76...
Jan.
EichanKe Place.
1,^200.000
650 ax)
307,000
1,000,000
300.000
Hoffman
1 Jit
2,000,000
2 000,000
600,000
10(1
X'f^nli/-l,titra Street—*ln<ii
1st ii.ortgitgtt
"Vku
loco
900,0(,0
61)4,000
100
40
FeI).l2,74.8J»
1,000.000
scrip
New York
35,880
169,315
6011.222
t.o,or,>
150,000
500,000
200,000
(ilvlaend
25 '2,000,000
20 1.200,000
320.l»0
•200.000
15
Far Amount.
Brooklyn Oaa Light Co
Citizens' Oas Co (BkUn
].
do
certiil(;ates
Harlem
Jersey City & Hoboken!. .!!!!!"'
Manhattan
5(1
50
50
100
25
50
R.H. Stocks and Bonds.
an4l City
[Quotations by^Hiarles mis. Broker,
.39,154
Hanover
i47'
1>S,W
4-23,8:2
'28,144
800.000
200,0«1
fii'i.'ayie.'.'.ii
Julyl.'75..3>4
11,9811
lan..78.:0
Jan.. '78..
•fflO.OOO
Jan. I0,'75..4
Feb. 10.78..
Ian'7i.l2)<
cob., •78. 10
10
10
lai
Aak«
I
.3,.N8
31
Uld.
Ian. ,'76. .5
an., 78. .4
Ian., 71..
Jan., 76..
I)ec.,7^.l5
fr3,0iix
8.3<«l
•JIO.IXX)
Jan.274.*21^e
i**
10
10
3
(rrecnwlch
(iuaranty
Jan. ,'78. .7
asm
192,247
HO
J»n.
......
Olobe
S3,6U<
8'.0,«7S
2I7..I49
10(1
2(0
3, 76....'!
"12" Julyl,'74.3><
Jan. 3. 71..^
7
Farragut
Firemen's
Firemen's Fund....
Firemen's Trust...
(lebhard
rtid.
2.50,000
Uuardlan
Hamilton
Jan.
S
12
12
10
7
Kniporlum
kxcnanKC
Lut
Jsn.,7»..S
;oo
ao
100
20
TO
German- American
Oermania
70
3
1, '75..
May,
J.ftJ.
J.ftJ.
200,000
2,000,000
1,000,000
131
79
1,74...'.
Mny, 1,73.. 8
Dec. 1,75.. 80
.Ian. 3. '76.. 3
8
8
300 JWO
lii"
May
4
8
3
1,000,000
ct. 9, 75..
Fcb.l,71...!<
2i6
89
7X Jan. 3,76.3s
8
8
&J.
J.&J.
200
in:
1871
F<!b.,76.1l'
Ian.. 78.10
Ian. ,78.. 10
17
Continental
Kagle
Umpire City
ins
301,5(5
289.167
25
"omnierce Fire
ir.'i
8(0,000
200.000
200,000
153,000
300,000
210,000
llroalway
'JItlzena*
Ity
1.
1K6.'
20<'.000
'200,000
IW
Brooklyn
Commercial
75...:
Jan.S, 76..
Jan.S, '76..
M'Ist'rs
Columbia
Ian 3,'76.3H
ll,« Jan. 3, '76. ..5
8
10
8
8
10
13
J.ftJ.
J.ftJ.
<J-F.
10
7
:o
s
10
8
10
8
8
8
10
1
12
12
12
10
J
^..
ft
Clinton
Jan 3, 76.. 4
Nov. 1,75. ,-f.
100
100
20
50
25
Atlantic
3, '78...
Jolyl.
50
.\rctlc
Jam.
900.000
200,000
400.000
2oo,0(n
2(0,000
100
KmUy
July 1,75.2s
F.&A.
F.&A.
J.&J.
Gab Coupaxikb.
lOU
Jan.S. 76...
Feb. 1,78.. .5
.Ian. J. 76. ..3
\drlatle
American Kkch'e.
iss"
Feb. 1,76...
Jan.
'25
<1i:tna
v'an. 10. 78 31.
8
Par Amouat.
.American
3, '76.. .4
7
8
FA A.
1,000.00c
2,000,000
100
100
100
100
N J.Nat. Exchangre..
"s"
A.&O.
500.000
101.0(0
600,000
500,000
4:0,000
2.050.000
800.000
400,000
5(1
Ian.
iii"
10,7«.2>,
«-J.
M.ftN.
1.500,00(1
100
50
150
114
Sf|it.i.'75..5
Jan. 3, 76...
Jan. a,76...4
lan.S, '76...fi
Jan. 2 76.. 2.^
July],
3" Jan.
8
10
85
County....:
J.ft.l.
J. ft J.
10
J.
•25
Hill"
J.&J.
F.&A.
J.&J.
J.&J.
i
i
20
.'iO
Nassau"
20
.rTftj.
M.ftN.
M.ftN.
M.ftN.
IOC'
Mercantile
lerchantB
Merchants' Ex...!*""
""
Metropolis"
Motropolftan
10
91
10
J. ft J.
200,000
200,000
100,UUI
300,0(W
OU'.OOO
100,000
50
Mech.BkKAHSo'tlon..
Mechanics A Traders..
4
100
I
8
13
24
;o
10
8
10
100
9
20
8
8
10
io"
M.&N.
lOO
100
McctianicB
&J
3«),0(I0
50
100
100
100
l.oaners*"
Jan. 3, 76...
Nov. 1,75...
Jan.S, 76..
Jan.S, 7«.. 15
J.&J.
lOOO.OOO
.Vt
Leather NlanutacLra...
10
100
100
100
100
Island CltT
10
8
12
21
00
500.000
5 000,000
600,000
1 500,000
25
2i
40
A Traders'.
.1 .
Last Paid.
.
100
25
100
6(XI,0O('
25
100 1,000,000
100 10,000,000
100 1,500,000
Continental
Newrork
New rork
5.000,000
ft
1875
200.00U M. ft S.
800,000 J ft J
2,000,000
J.&J.
450,000 J. ft J.
300,000 ev.2nioi'
25
(Ntlzena'
City
<;ouiineroe
Murray
J.
Hid. 'Askd
1S74
J.
3,0(10.000
l.OOis
10
Cfiitral
Clifttliam
ChPinlcftl
inporters*
UlVlDBMPa.
PLua,
ParlAmonnt. Periods.
America'
I
hmt bUK
arc
(•)
uotNatlonal.
.
Pbio«.
DIVIDINDS.
Capital.
S
585
^
6
8
f
5
.
I899-I9<t!
is;6-n
1876-91
1876-1900
Walt
St.]
llKll-95
ISSl-oS
I98U
4.
9H
:
.
206
THE CHItONICLK
3
11
u
e
s t in
t
STATE. CITY AND CORP ORATION FINANCES.
" Investors' Snppleiuent"
as only a sufHcient
number
report for the year ending Dec. 31, 1875, has the following:
BECnPTS.
printed to supply regular
Limestone
Philadelphia
&
45!t,17rt HI
Express
.37,700 69
3.3.084 1.1
Mails
MiscellaneoiiB
1:37,375
$322,889 66
$671,084 50
654,t)!W 76
177,971 48
724,796 94
Motive power
Maintenance of cars
Maintenance of road.,
The following
Net
in 1875,
caralngii
compared with
1875
1874
$382,829 66
'884,720 68
$1,137,413 66
those of 1874,
Decrease
Increase.
$74,853 42
68,; 34 07
408 00
8,556 73
.i^.""
:;;.
'...'..'..'.'.'.
$10,934 17
Net decrease
$Ul,02i 01
Th-s expenses in 187.5 were 1309,649 less than in 1874.
The whoje number of passengers carried in 1874 was 680,163,
and in 1875, 618,403. The number of tons ot freight moved,
e.xcluding fuel and other materials for the company's uhb, was
3,396,434, against 3,243,170 tons in 1874.
Increaee in tonnage in
1.S75 over 1»74, 153,364 tons, or about 6 per cent.
Tbe actual cost
of Avorkinir the road in 1875 was 06 3-10 per cent, of tlie receipts,
against 69.53 per cent, in 1874. nhowiug a decrease of about 3 3-10
percent. Passengers carried one mile in 1875, 15,117,810: in
1874, 17,148,330.
Tons of freight moved one mile in 1875, 311,919,109 iu 1874, 294,4a6,8:!3.
The funded debt was increased durinj the past year by tbe
issue of 1,438 bonds, |1, 000 each, consolidated mortgage loan;
the purposes for whicb said bonds were issued being as follows;
,
:
In settlement of construction account for first six months of 1874
antl previous yi^ari
In settlement of floating debt (1874)
.,....'..'.
In settlement of construction account (1875)
ToUl
$71000
I,3iu]oo0
28!oOl)
$1,428,000
February, 1875, a communication was received
of the Pennsylvania Kailway, inclosing au
account against the Philadelphia & Erie Railway for interest due
and charged upon the books ot the Pennsylvania Railroad Company, for the use of equipment, machinery, &c. for the years
1870, 1871, 1872, 1873 and 1874.
Total amount, with interest,
nf
from the President
Showing an Incraase In 1375 of
$64,960 78
in 1875 were 49 per cent of the gross receipta
in 1874 tliey were 64 69-100 per cent of the gross receipts.
The results of the year's business are condensed as follows
Receipts over C9st of working the rond
$165,480
Prom wluch are to be deducted —
The expenses
j
;
Office, incidental
11,337,938 57.
At the first meeting of the board of directors, subsequent to its
reception, a committee was appointed to confer with tbe lessee,
with the view of settlement. After numerous interviews and
conferences wiih a committee appointed by the board of the
Pennsylvania Railway, Ihe n.atter was settled by the Pennsylvauia Railway accepting the Allegheny Valley Railroad income
bonds (not indorsed), held at that time by this company, for
amount of claim, at their par value, as a full discharge of the
account.
It having tieen considered essential to the future welfare of the
company to fund the floating debt, this matter was also taken up
by the committee, resulting in a full settlement; the lessee accepting the Allegheny Vallty Railroad income bonds (not indorsed) at 80 per centum of their face value, for the sum of
1815,200, the balance being paid iu the bonds (consolid^ited mortgage loan) of this company, at 80 per centum of their face value,
making total settlement of the floating debt |1,378,189 77, or
total settlement of equipment, maohinery, &c., and flouting debt
$3,716,138 34.
.
.
GENBKAT, BALANCE SHEET JAN.
1,
In erest on current business and taxes
Earnings unc.illected
$12,111 72
15,938 40
Cost of road to date
(
I
'
(
I
;
$137,430
!
I
Tbe report states:
From the torefjoing statements
of income, it will be seen tha
the net earnings for the past year were nearly equal in amount to
the interest on the entire bonded debt.
In view of this fast, it
becomes proper lor your matiagers. on their own behalf, as welll
as on beliall of tbe trustees, to make some statement as to whenj
a resumption of the payment ol interest on tbe third mortgagaj
bonds may I)e expected and full pos.sessionof the road be restored
to your hands.
» » » They consider it advisable only to say;!
at present, that as soon as a time can be safely decided on to coni'T
mence the payment of interest in full, it will be done, and it
confidently believed such a periol is close at hand. A. certaia
coupon will theu be designated on whicb to begin regular pay."
ments, and all the overdue coupons up to that one will be tundedj
as contemplated in the plan orginally proposed.
Cleveland Si Pittsburgh.
(For thirteen months ending December 31, 1875.)
The
The
annvial report has the following
lessee's
account for betterments for the year 1874, allowedl
last report, is as follows:
and brought into account since
New
freiKht offices, Pittsburgh complete)
Increase of sidings at varitiua points 2,2:32 feet
86
5,619 77
3,500 OO
$.34,.?81
—
Lot purchased at Bellaire for new engine bouse
Telegraph line— one new and additional wire and appurtenances
between Cleveland & Pittsburgh
Personal property-four new and additional cranes upon coal platforms at Cleveland shops
..
Equipment two caboose cars
—
Total
5,356 70
.
S-35 17
2,258 70
$58,971 80
Expenditures iluring the current year by the lessee on this
account are less than $30,000 for steel rails only.
The
ments
lessee reports the business ot the road, as per requireof the lease, for the thirteen months ending Dec. 81, 1375-;
as follows
:
BECEIPTS.
Gross earnings
Pittsburgh Ft.
Other sources
Wayne
Si
Chicago RR. Co., consolidated earnings
Total
$3,05.5,478 .W
88,254 21
1,514 56
13,145,247
!
BZPBNniTtlRBS.
$24,195,833 64
1,33",>(38 57
182,797 29
1,15(%679 0*1
Co's..
3t)7/W5 00
80,453 03
23,*i04 03
8,'000 00
$27,296,600
1875.
.57
1,137,413 56
$26,159,187 01
Creek & Allegheny RivtT R. R. Co. bonds..'. ... JU6,280 00
Lewisburg Cenire & Spruce Creek RR. Co. bonds
and stocks
87,800 00
Other bonds and claims
36,97101
Cash itums
8,39187—
Improvements
$I,584,.572
to tne property
Rental, interest,
Itt
58,971881
&c
1,.334,318
Total
Ot]
2,971,8611
These figures show a surplus earned over all classes of expendii
lure of 1173,385 38.
Western Pennsjlrania Railroad.
(For the year ending Dee. 31, 1875)
The annual report has the lollowing:
IXRNIHSS.
Fromfreights
From
From
Brom
From
Oil
passengers
express
mails
.
$401^,30165
265,287 43
2,449 08
5,803 33
rents
7,748 18
KXPKNBEB.
For conducting transportation
For motive power
Maintenance of cars
Maintenance of way
$10'i,lSO 69
108,080 53
54, &^ 54
175,465 83
849,442 88
Total earnings
$26,408,629 89
slock
Ircf^rred stock
Ml pi' cent bond?, due 1877
Six per cent bonds, due 1881
Seven per cei t bonds, due 1888
Six per cent ^old bonds, due 1920
28,050:
8,769
Operating sxpenses
Equipment account for Sve year*, and interest
Equipment account for 1875
Interest on funded debt
Discount on bonds of Phila. & Erie and AUeg'y Val. RH.
Ten per cent on traffli- over Allegheny Valley Railroad
Second track, ^idint;'', &c
—
..
1870.
J)r.
s
expenses and Arc insurance
Balance of receipts over expenses on the year's business
$137,430
Disposed of as follows
Paid lor interest on bonds and scrip of tirst and second mortgages,
including proraiutn on gold
$67,663
Paid for new bridv<'S and new depots, charged to construction acc't
24,467
Paid for mine improvements and repairs to colliers' houses
5,249
Paid floating dei)t
86,346
Cash December 31, 1815
$14,01179
Less on hand January 1, 1875
7,018 47- - 6,9.33
,
Maintaining organization
$165,4-0 18
100,519 34
$:.57,349 54
181,801 34
:
'.
Deduct net earnings,
a comparative statement with 1874:
Receipts.
Expenses.
Net Bam'gs.
13
Year.
$165,480 18
96
,
the 12th
157,349 51
, .
Earnings over ospenses for the year 18*5
$2,3^8,483 68
Faseengers
Express
Malls
MfscellanevuB
,.
Operating expenses
31, 1875.)
Conilucting transport'ii.
$3,385,897 34
(11,687 74 per mile of road.
rt„
Iho sources of revenue
were as follows:
_
FrelghU
3,0OK 00
1,800 OO j
1,161 0I'3
Adams
OROSS BZFENSBS.
»2,698,559 83
"•.
IS
86
49
37
48
Erie.
0R08B EARNINGS.
FreiRht
PaneeiiKer
Passengers
united States mail
express
Miscellaneous
REPORTS.
(For the year ending December
The annual report has the following:
Common
$810,912
59,154
14, 408
4 .jj-^j
ss^^gs
Merchandise
i>re
ANNUAL
On
year ending Dec. 31, 1875.)
(F(n- the
The
Coal
is
Bubsctibers.
,
28,385 78
17,800 00
$26,408,629 89
oteacU month, and furnighed to all regular subscribers o! the
Chronicle. No single copies of the Supplement are sold at the
office,
2.34,544 11
Hnntingdon and Broad Top.
published on the last Saturday
is
[February 26, 1876.
Pennsylvania Railroad Co
Interest accounts
Allegheny V«lley Railroad Co.
u1s
AND
The
:
$6,048,700 00
2,400,000 00
],0oe,0(K)
(10
6,000,tCI0i0
Net earniniis
Net earnings
f«.r
«I186,990 88
the year 1875
for the year 1874
Decrease
Total operating receipU
Receipts from other sources
ToUl expenses
$444,930 99
182,059 58
840,880 46
$58 82124
182,059 28
915 85
:i,OOO.iOO 00
8,680,000 00
Total net receipts during the year
$183,001 47
:
February
:
.
26,
316, l'.'*! 33
7,380 66
Total expend! tnree other than operating
Showing a deficiency in 1875 of
$338, 40C 79
40,403 81
The
President, Mr. iStricklaod Kneass, says in his report: From
tlie above suteinent it will be seen that the net receipts for tlin
past year show a deficiency in meeting the interest on the bonded
debt, and expenditurts properly char(f«Rble against the income of
the current year, of |.'j;i,131 78, while tliero liave been also
expended for betterments, |7,380 50, showing a total deficiency
in receipts of 1873 of |46,462 32.
The bonded debt of the company, at the present time, amounts
to f;!,000,(X)0. $1,800,000 of which bears an interest of 6 p.r cent,
and 11,200,000 7 per cent., giving a total interest acccount to
meet coupons of $192,000 oer annani, or about $9,000 in excess of
the net receipts of the year 1875.
As the balance of cash on hand as represented in the last annual
report of the treasurer, viz., $48,3<!.4 73, may give a fal.ie impression as to the operations of the road, we would state that this
balance was of December 31, 1875, while the coupons of bonds
secured by the $1,000,000 mortgage placed on the Pittsburg
branch fell due on the Ist of January, 1876.
At the last annual meeting of your company your Board of
Directors were authorized to make provisions for liquidating the
bonded debt, by creating a sinking fund for its extinguishment;
but the business during the year soon gave evidence that all the
earnings that could be realized would be insufficient to meet th«
cuirent expenses and the interest on the bonded debt, and therefore no action in the matter has thus far been taken, and. owing
ti> the almost entire absorption
of the balance in hands of tlio
treasurer, at the last closing of our accounts, to meet the
payments
of 1875, we shall, unless the bustness of your line shows for
1870
better results than those of the past year, be compelled to ask for
further loans to meet our necessities as they shall occur.
Western Maryland.
[Report for t?ie yeir ending September 30, 1875.)
The following is a statement of operations for the year ending
September 30, 1875
Orott Samlngt.
Operating Expenus.
From paesengers
tl89,8«4 Expenses Transportation DeFrom freight and express...! 130,610
partment
$10-2,356
From milk and marketing.,
16,208 Expenses Machiner.v Dept
2:4,453
From mails
6,l'i7
Expenses Road Dept
46,813
miscellaneons sources.
General Expenses
963
ToUl
18,796
Total
$293,718
$la4,420
Net Earnings
$99,398
earnings, as compared with 1874, are as IoIIowb:
.
The
Increase from passengera
Increase from freight and express. .'..'.
Increaee from miili and marketing
Decrease from malls
Decrease from miscellaneons sources
•ol^ofl
$««
06.
as
•
;.
.
il!'.!'."!!. !..!!!!!!.!"..'
ao qor
ci
8
4M
09
i
s-s u<
19° "o
50 43
1874,
show a decrease
QKNEBAL BALANCE SHEET,
First
18
1,875,000 00
purtenances, piid out
of revenue of old road
Construction and equlp-
5,483 35
Lo'» on Kale of Second
Preferred Bonds
Blnking
Fund Second
Mongsee, endorsed by
..C'^y-V.-.,
Union Rnilroa* Co
sundry ludividual
debtedness
Material oa hand.
Balance
.
Total
.
;
was $5,298
„^
The earnings
88-100.
lARNIMaS.
for freight for 1875 were.
Mortgage,
dofsed
unen-
First Mortg >ce, endorsed
by City of Biltimorc.
Second Preferred Mort-
„gage
Second
67.218 92
8,860 37
Mortyage, en^
dorsed by City of Baltimore
Second Morlgaje, endorsed by Washington
Co.
48 500 00
30,000 00
2,500 00
in-
3,846 07
1,692 91
36.911 18
$4,473,450 78
Md
Third Mortgage, end'sed
by City of Baliimore..
Fourth Mortgage Clly
Stock
Bills payable
General revenne
Stock subscriptions
Suadry auspended debts.
ToUl
$368,095 84
361,706 80
"
lin-J
.
fncreaae
receipts for passengers for current year were......
"
"
previous
"
$1889 40
$30l|879 38
189,'8S8 00
,
The
.'..!.!!'!.'."
.'
Increase.
*j,>
The
receipts from various other sources,
and Interest, fur current year, were
For preceding year
viz.: Maila.'express,
rents
qjq
•jo
"'
$88538 91
.".'.'.'.
83,'2»0
Increase
49
$5,348 43
The following table will show the receipts, expenses of operating, dividends paid, and percentage of expenses on gross earnings, for the last five years, viz., 1871 to 1875, inclusive
:
Receipts from
„
Dates.
,.
all
rear ending September
30, 187; .
1873..
IHT3..
1874..
1875..
.
Expenses
sources.
for
operating.
$f4«,S51 a5
214,404 90
$35.1.005 94
a38,.367 37
431,129 69
1!I9,»!)3 .55
485.4.50 89
340.8(:5
paid.
51.801 00
106,645 00
K6,I33 VO
03
251,660 83
503,397 35
Dividends
i\Oi,Hl 54
106,149 00
The extension of the road from Redwood to Morrlstown makes a line from
Utica to Morislown iu length
12.) 37-100 miles,
From Theresa Janction to Clavton the road is
•'
15 m-lOO
Carthage to Sacketts Harbor
Making a
The leased lines
follows
Clayton
&
3959-100
total of
"
168 73-100 miles.
we hold and
operate at present are bonded as
Theresa Railroad bonded for
& Sacketts Harbor
& Morrlstown
Black River
,
'..'.".'.
.,.
..
.
Total
$200 000
SOo'oOO
EOOOOO
$l,00O,0CO
Of these bonds, $129,000 of the Clayton & Theresa Railroad
and $80,000 of the Black River & Morrlstown, are now owned and
held by this company. But assuming all to be outstanding, it
will be seen tiat the 83 miles of leased roads cost this company
the payment of interest, at seven per cent, on $1,000,000, or interest on about $12,000 per mile.
United States Rolling Stock Co.
the Tear Ending December 81, 1875.
(For
The report says
The gradual improvement which has been
in progress in the
railroad business of this country during the last six months,
enables me to present to you also a somewhat more satisfactory
result of the last year's business of your company.
This result is
still far from being what you are entitled to expect under
ordinary
circumstance!!, but it is a great improvement upon the showing of
the previous year. A large part of your stock has stood idle, and
a large part of that which has been employed has been let at very
low rates of rental. Hence the income of the year appears small
as compared with the nominal income of last year.
But a far
larger part of it has been promptly collected, especially during
the latter part of the year, and repairs have been made by lesseea
in a far more satisfactory manner.
Even now many repairs havo
had to be made at the expense of the company, which are properly
chargeable to tlie lessees, but the stock has been kept up to a
higher standard of repairs, and with incproved storage and
working facilities, I hope to reduce our own expenses for repairs
minimum.
The income account
to a
SEPT. 30, 1875.
Or.
of construction fund..
Cost of new road and ap-
_"«•"
:
of
From the above it will be seen that, while the earnings in.
creased $15,925 80, the expenses decreased
$22 36, making a net
increase in revenue of $15,948 16 over 1874
"'''^ ^^^^' *^®'''' '* *° increase in revenue of
»-A'ool"^^"^^
$75,d33
76, and a decrease in expenses of $8,053 29, making a
net increase of $83,387 05.
Instead of making a spasmodic and premature attempt
at paying
interest, with the certainty of being compelled
to stop after one
or two efforts, with the road in a worn out and
crippled condition
It has been the policv
of the company to place it in a safe and
satisfactory condition, with every reasonable
auxiliary that was
calculated to attract business and tend to the
prosperity of the
section It was serving, believing that the
payment of interest,
men judiciously begun, could be proceeded with uninterruptedly
While we would not recommend to the'ityof Baltimore
a
further outlay of capital on the road, yet the
material interests
and prosperity of the city are so intimately al
ied with and dependent upon the vast mineral and other fruitful
regions, that
could be served with much economy of time and
expense by the
extended Western Maryland Railroad, we think
every citizen
Uould fully understand and appreciate the impor.ant bearings
01 an auxiliary so necessary to the full erjoyment by the
city of
Jts great geographical advantages.
It is therefore hoped that, by
a willingness on the part of the city to dispose
of its interest on
favorable terms, some of the numerous inquiring
capitalists miy
be induced to take the matter up, with
a satisfactory guarantee
01 an early prosecution and completion of the road to
Johnstown.
Ureeowood fark
207
Canhage Watertown
CIS 935 gQ
compared with
Cost of old road and appurtenances
$2,40«,398
Cost or new road and appurtenances, paid out
,
Utica & Black Rirer Railroad.
(For the yewr ending Sept. 30, 1875.)
The annual report has the following
The Black Klver & Morrlstown Railroad, on the 24th of November, 1875, was brought into use to Morrlstown, the termlnua,
which is just opposite Brockville, (Canada. In 'November, 1874,
under a lease made by and betirenn this company and the Carthage Watertown & Sacketts Harbor Railroad Company, we took
possession of twelve miles of their road, extending from Watertown to Sacketts Harbor, on Lake Ontario.
When the Carthage Watertown & Sacketts Harbor Railroad
was completed to Watertown, it was leased to this company for
40 per cent of its gross earnings, with a proviso that when completed to Sacketts Harbor this company should run the whole
road, paying therefor 37i per cent of the gross earnings, monthly.
The road was bonded for $300,000, interest at 7 per cent, which
they were bound in the lease to pay. Failini; at any time to do
it, left it optional with us to take up the coupons or
not.
We
have been compelled to take up these coupons, which, during the
last current year, amounted to $21,000 their percentage of gross
earnings was $19,088 34— leaving a balance lor thi year of
$1,911 60. At ttie close of the year the balance due from them
Prom
....";
Total increase of earnings
expenses,
.
THE CHIIONICLE
1876.
Total expenaea chargeable againat Income
For betterments ....
From
:
$400,000 00
2f0,000 00
600,000 PO
300,000 00
300,000 00
875,000 00
1, 00(1,000 (10
13,4112 93
97,732 40
681,6;i2 78
3,602 67
$4,478,450 78
of the year is given in detail below
It
shows a not income for the year of $353,577 64, out of which It ia
recommended that a dividend of 3 per cent., or twelve shillings
per share, be paid, whenever you decide to order the same.
The
funds lor the purpose are, and have for some time past been, on
deposit with the London and County Bank in London. After
payment of the dividend there will remain $185,577 64 to be
carried to reserve account.
It will be seen that the
number of locomotives, passenger
coaches and luggage vans employed has slightly diminished, but
that the number of freight cars under lease has increased 605.
Many of the leases in force at the close of 1874 expired during
the present year.
Owing to the severe competition among the
leading railways, rates of freight were unprecedeutedly low, and
the earnings of the lines greatly reduced. Hence, most of our
renewals and new leases were made at lower rates than those
previously existing.
Of the 3,483 freight cars leased, 937 have run on mileage, and
their earnings have not exceeded $45 per annum each, or about
.
THE CHRONICLE.
20^
equal to only four months' service. 350 have been in U8« lew
than BIX montliB in the year.
Of the 40 ]>a88enger cars leased, 35 have averaged only four
months of service.
Of the 54 locomotives, 33 have averaged only
months
sir
of
service.
:
per anniiin
For locomotives
Fttr papsenccr ccacliea
\\
00
GOT 00
377 OO
89 00
$fi71
For lngK»Ke vans
,^
For frclK'it cars
which rates are extremely low.
Had all the idle stock been in use at the same rates as that
under lease, the income lor the year would have been $150,000
Had all the stock been leasei at tired rates equal to those
larger.
now current, the income of the year would have been increased
by nearly taOO,000.
THE ATLANTIC AND GRBAT WESTEnN.
This company and the Erie company owe us jointly or severally
a very large sum. represented upon our books by a balance due
us for rental of |1, 048,4^6 50, or over £200,060. The amount we
claim from them in the legal proceedings now pending, as justly
duo us, exceeds $1,700,000, or £340,000. For this sum of money
wo claim to have a prior lien upon all the property of the company
in advance of all the mortgages. Our claim is contested by the
company, and those who have heretofore claimed to represent the
English bondholders have made light of our pretensions to
The justice and legality of our claim will speedily be
priority.
tested in the courts of Ohio, where, alter numerous dilatory
motions, the case will come to trial at an early day. Meanwhile,
wiser counsels seem likely to prevail also among those who are
endeavorinc; to reorganize the company on behalf of the English
bondliolders, and offers have been made to me on their behalf
since my return to America, involving the recognition of our
priority over the existing mortgages for a portion of our claim.
But the amount
into definite
offered
was not
negotiations
with
sufficient to justify the entering
a view to its acceptance or
rejection.
appears with a balance of $1,358,950 66.
If, out of the net income for 1875, $353,577 64, the proposed
dividend of 13s. per share is paid, amounting to $170,000, there
will be a further sum of $183,577 64 to be carried to Reserve
Account for this year, swelling the balance to the credit of
Reserve to $1,543,538 30. It is not unnatural that shareholders
should ask what this represents.
It represents:
1875.
$1,662,016 29
$565,801 no
468,876 5t
$053,.3S1 13
Machinery
Road.
Transfer
460,955
411,144
54,442
37,662
73,849
,
Milea-je
Telegraph
General ex|>enee8.
01
90
67
391, .360
Earnings more than expenses
Working expenses equal
337,359
22,018
24,916
78,966
48.1.59 .38
28,257 83
68,912 45
II)
87
$l,.57l,359 89
$1,691,335 71
432,!>.39 02
79.66 per c't.
Total
$133,162 31
391,069 93
6!)
52.3,150 75
75 per cent.
91
11
06
18
$l,2q0,.'>!P0 6(1
:17),424 79
77.65 per
c't.
net earnings show a decrease of 29 per cent, an compared
with 1874, and of 14 per cent, as compared with 1873. There
was a decrease in the number of through passengers of 3,357,
and in revenue of $32,335 04. An increase in the number of
local passengers of 80,968, and a decrease in revenue of $14,731 13. The increase in the number of pafsengers is principally
between Cincinnati and suburban stations. The total number of
passengers, through and local, carried during the year was
684,409, an increase in number of 76,966, and a decrease in revenue of $40,247 02, as compared with 1874.
" The revenue from freiifhs was $1,039,941 93. There was t,
decrease of 108,038 tons of through freight transported, and a
decrea.^e in revouue thereon of .f 335,983 79."
The following were unanimously elected as directors for the
•'
The
ensuing year, viz.: John King, Jr., Thomas Whitridge, Robert
W. W.
Garrett, J. Donnoll Smith, Wm. F. Burns, of Baltimore
Scarborough, James T>. Lehmer, R. M. Bisliop, George Hoadly, of
;
Cincinnati; W. T. McCliniock, W.illiam Waddle, of Chiliicolhe
W. B. Loomis, of Marietta.
J. N. Camden, of ParUerabura
Immediately after the adjournment of the stockholders' meeting, the new board of directors organized by the re election of
John King for President, and all the present officers of the company were re elected, as follows W. P. McClintock, Treasurer
Charles F. Low, Secretary and Auditor W.E. Jones, Cashier and
;
;
:
;
&
and caeli a«8eI8
Lessdlvidend proponed
Buildings and materials
Insurance paid in advance
G.
W.
&
$13,955 71
93,977 11
Erie.
$407,1.32 IS
C:i»h
n0,0(M)
00—
9.37.1.3?
18
31,f)43 01
9,050 63
$:MO,683 61
Tosotlier
Less due for supplies, etc
3*^,024 41
Leaving
8)58,664 83
of actual unquestioned cash value standing to the credit of the
reserve. If the contested accounts against the Atlantic & Great
Western Railroad Company and Messrs. Bischoffsheim & Goldschmidt, standing on our books for $1,182,344 70, but in re»lity
to much larger sums, should net the company only
10s. in the pound (and a sum nearly equal to this has already
been offered in settlement), the above amount would be increased
by $591,173 30, making a net valuation of the reserve of $981,881,
or twenty per cent, upon the entire capital.
INCOHK ACCOUNT, 1875.
amounting
Charges Against Income.
Kepairs not paid by lessees—
To locomotives
To passenger cars
$4,319 10
5,050 .33
4,763 91
2,307 00
1,760 01
To box cars
To gendola cars
To Knglish coil cars
To oil-tank cars
To stock cars
To baggage car'
1,234%
1,438 38
752 35
$21,666 02
—
Freight account
I. ei;al expenses
Taxes not paid by lessees
Insurance not paid by lessees
(Jeiieral expenses
6,949 81
.'),0«2 54
2.4.56 32
2,572 61
95,^22 43
35:),57r 64
Net income
$482,107 37
Income Derived from
Rfintal
$429,9.')7
50
44,363 »7
12,860 90
25 00
Rfilcag.i
Interest
lass,
Registrar.
GENERAL INVESTMENT NEWS.
Alabama State Debt.— A despatch from Montgonery, Ala,
Feb. 33, says •' A bill has passed both Houses of the Legislature
ratifying the settlement of the State debt made by the commisAll State bonds except those in aid of railroads are to be
sioners.
taken up and new ones issued. The bondholders of the Alabama
& Chattanooga Railroad are to surrender the bonds issued by the
State in aid of the road, and those endersed by the State, and take
the road, franchises and lands, and receive in addition one million
The remainder of railroad bond matters is yet
of bonds.
:
unadjusted.
C'ointriiction in exccSR of capital
Current balances due from lessee?, flxclufive of A.
amount recovered
Anglo-American Telegraph Company (Limited).— The
BALANCE 8HBZT, DEC.
Assets
Construction— Total cost
t5,013,«55 71
Balances due from lessees 1,147,413 61
407,132 18
Cash and cash assets
31.513 01
Buildings and materials..
135,427 57
bundry debtors
paid
advance
9,080 63
Insurance
in
$6,744,552 71
31, 1875.
LiabilUia.
share
Capital
account,
$5,000,000
issne
Reserve, 1873 and 1874
1,358,950
Sundry credits due for
pay rnlls,
supplies,
32,024
freight, storage, Ac...
Income account, 1875, applicable to dividends
353,5;7
and reserve
,
Total
.
.
00
66
41
64
$6,744,552 71
half-
yearly meeting was held recently in London. The report showed
that the total receipts from July 1 to December 31, 1875, including a balance of £60,066, carried over from the last account,
amount to £331,313. The to.al expenses of the half year amount
The Directors, before declaring the net proGts, set
to £43,843.
apart the sum of £50,000 to a renewal fund, leaving a balance of
£238,472. After a total distribution for the year of 5 per cent.,
there remains a balance of £63,472 (including £;i3,471 siirplus
cable) to be carried forward to next account. The decrease in the
traffic receipts for the last six months in 1875, as compared with
the corresponding period in 1874, amounting to £33,405, has been
caused by comretition and the reductions of tariff which came
1, September 15, and November G, respectively,
which was a failing off. as compared with the corresponding periods in 1874, of £643 per day at the Ss. rate, of
£1,313 per day at the Is. rate, and of £485 per day at the 38. rate.
At the last meeting the directors pas.sed i resolution dividing the
into force on
the result of
May
capital stock of the company into two
spectively ))referred ordinary stock and
so that as between the two classes the
shall bear a fixed maximum dividend of
in priority to all dividends for that year
classes, to be called re-
deferred ordinary stock
preferred ordinary stock
6 per cent, lor each year
on the deterred ordinary
stock.
Cliicago Burlington & (Juincy.— The following abstract is
telegraphed from Chicago
The Chicago, Burlington & Quincy R. R. Co., on Wednesday,
elected the following directors for the ensuing year: John W.
Brooks, Charles J. Paine, and T. Jefferson Coolidgo, of Boston
John Q. A. Griswold, of Newport, R. I. William J. Rotch, of
New Bedford, Mass. Peter Geddes, J. M. Walker, and Robert
Harris, of Chicago Charles E. Perkins, of Burlington, Iowa.
C. 8. Cotton, of Galesburg, 111., a director for the past twenty,
four years, retired oh account of ill health. The annual report
shows the following: Earnings from freight, $8,500,000; from
interest and
miscellaneous, $500,000
passengers, $3,000,000
exchange, $53,000. Expenses, $6,400,000 net earnings, $5,300,000 interest on bonds, $3,014,000 leaving a balance of $3,300,000. Taking from this amount the dividends, rents, &c., there
are left as the surplus earnings for the year, over every current
surplus
liability and the sinking fund, $415,000, to which add the
amount
at the commencement of the year, $4,000,000, and the
credited to the sinking fund taken from the earnings, $1,360,000;
these added to the income credits make the amount of surplus
earnings $5,700,000. In 1874 the operating expenses were 55.93
per cent., including taxes; in 1875 they were 54.53. The capital
parts
stock has been increased by one share issued for fractional
consolidated, and by 53,011 shares issued in exchange for Burlington & Missouri River Railroad stock.
:
;
;
;
;
;
;
;
;
$187,107 37
Tetal
1874.
$2,094,510 64
1873.
»S,126,874
EXPKNSES.
;
THE RESKKVB.
Pending the settlement of the company's claims against the
Atlantic & Great Western Railroad Company and Messrs. Bischoffsheim & Goldschmidt, I have deemed it prudent to transler
the entire balance standing to tlie credit of Income Account, at the
close of 1874, to Reserve Account. This account, therefore, now
of stoc«
Marietta & Cincinnati Railroad.
{Far the year ending Dec. 31, 1875).
At the annual meeting of the stockholders. President King
presented his annual report, from which we take the following:
Earnings
Under these circumstances, the earnings of the entire stock,
employed and idle, have only averaged
FroAt and
[Febraaiy 26, 1876.
;
:
February 26,
187(5
TSE CHRONICLE
]
Cincinnati City Bonds.— Columbus, Ohio, Feb. 24.— In tlie
House to-day the Senate bill to authorize tlie iHgue of |6,000,000
of bonds to complete tlie Cincinnati Soutliern Railroad wag
pastied, after beinir amended by providin'if that the (juention of
iaeuinf; the bonds shall first be submitted to a vote of the people,
within thirty days from the passage of the
euired in the amendment.
—The
The Senate con-
bill.
company
lately offered an issue
bonds due 1895, with interNew York, at i)0 and intertst.
$20,000 per mile, and the
rental which the Connecticut Valley Company has agreed to pay
more than covers the intoreat. The strength of the bonds depends
Connecticut Central.
of $400,000 first mortgage 7 per cent,
est payable April and October in
This issue i.s at the rate of less than
chiefly on llio strength of the leaste corporation.
Delaware & Bound Brook.
—
The track is all laid from the
Jersey Central near Bound Brook, N. J.,
southwest to Hopewell, sixteen miles. The work of surfacing
and ballasting is in progress. The laying of the rails from Hopewell to the Delaware will be sligbtly delayed by some unfinished
work at Moore's Mill, but will be completed next month, unless
some unforeseen accident prevents. From a statement to the
Philadelphia Stock Exclianj?e, it appears that the capital stock
authorized is $1,500,000; issued, $1,000,000. A first mortgage for
$1,500,000 has been executed, under which $1,000,000 of bonds
have been issued. The issue of tlie whole $3,000,000 of stock
and bonds will make the capital account $111,000 per mile.
New
junction with the
Detroit and Milwaukee.— C. C. Trowbridge, Receiver of the
and Milwaukee Railroad Company, has prepared a brief
Btatement showing the receipts and expenses of the road, excluDetroit
sive of the
Lake Huron proportion,
for 1S75.
The following
is
a comparative statement for the years 1874 and 1875
Receipts.
187.5.
PaBsengers
Freights and live stock
Malls and sundries
Benis
Total
Kxpenses.
MninUiiiing and renewal of way
Locomotive power
Passenger and freight-car rtpairs
Passenger transit expenses
Freight transit expenses
General charges
$448,625 60
641,938 71
4,647 30
$888,6.34 63
$l,13S,an 67
14,81*16
18,995 03
$!)0J,()46 69
$1,151,206 70
1875.
$251,630 35
208,514 3H
101.112 80
90,076 ;i7
129,910 71
Total worliiug expenses
Taxes and insurance
1874.
8311,500 04
478,313 71
38,815 78
187-1.
$248,785 68
213,969 56
1.36,583 03
110,049 26
156,813 05
27,9,-9 18
86,88123
$812,223 77
66,237 51
$912,11180
209
Among other grounda it was objected that the proper remedT of
the plaintiff was not by separate guits at law against individual
stockholders, but by a suit at e(iuity. Judge Blatchford h<<ld that
each shareholder wag liable to the extent of the amount of hlg
stock at its par value. Proceedings were not to be taken by firtt
ascertaining how much was necessary to be collected, and then
apportioning that amount among the Btockuolders. The auessment waa to be made by determining how much eftch gtockholder
muBt be liable for in a percentage on the par value of his stock.
The suggestion that where there was an enforced contrilnitioQ of
too much from stockholders there was no provision for refunding
it, was not a sound one.
The criticism that the statute provideg
that " individual liability may be enforced only where it is necessary to pay the debts of a bank, and not for the purpotie of paying liabilities of the bank," was pronounced unsound. The
demurrer was overruled with coals, with leave to the defendant
to answer in twenty days, on payment of the costs.
Northern Paciflc.— The bill to extend the time for the construction and completion of iliis railroad, which passed the United
States Senate on tlie 10th inst., provides that "eight years' additional time is hereby granted to the Northern Pacific Railroad
Company to construct and complete ita main-line road, via the
valley of the Columbia River, to its terminus on Puget Sound,
ander its charter, and the acta and resolutions of <k>ngresa relating thereto. That this extension is granted upon the express
condition and understanding that where pre-emption and homestead claims were initiated or private entry and location were
allowed upon lands embraced in the grant to said company, prior
to the receipt of the order of withdrawal at the respective district land offices, the land embraced in such entry shall not be
held as within the grant to said company, and shall be patented
to the parties lawfully entering the same."
Pekln Lincoln & Decatur.— The decree of fale of the Pekin
Lincoln & Decatur Railroad was filed at Springfield, III., Feb. 19,
and the sale will take place after due notice and publication.
Rutland. It \» reported that the directors of thia company
and those of the Central Vermont have agreed upon a compromise on the points at issue between the companies. The Rutland
is to receive tlie back rent due by the Central Vermont, about
$250,000, and the present lease will bn modified so that the earnings of the Rutland, the Vermont Central and the Vermont &
Canada will be pooled, each company to receive a fixed percentage
of the earnings. The agreement, it is gaid, will be submitted to
meetings of the stockholders of both companies, to bo held
—
February
25.
—
42,.360 45
St. TiOais Iron Mountain & Southern.
The busineaa of the
road for the past year shows a gratifying growth in all its departTotal revenne expenditure
$868,46123
$934,4"S 25
Nat revenue
34,185 41
206,7M 45 ments, including the local and through business.
The largest
development has been in the direction of Arkansas and Texas,
Totai
$902,613 69
$1,151,206 70
though there has been a general increase in the traffic northward,
Herapath's Jmirnal, of January 39, says:
" Messrs. J. F. Joy, Z. Chandler and C.H. Buhl offer to reorgan- in the Southern states on the eastern side of the MiBsissippi.
Gross earnings irom transportation for the year, $3,802,941 30.
ize this company, giving the holders of the first and second bonds
and coupon honds two-thirds of their amount in a new first Operating expenses, $3,013,853 83. Net earnings, $1,789,087 53.
charge set of bonds, bearing 6 per cent interest currency, or 6 per Proportion of expenses to earnings, 529fl per cent. Increase of
Total numcent interest in gold, interest commencing to run one year from the net earnings over previous year (1874), 45 per cent.
time of sale of the lino there is also to be created' a million ot_ ber of passengers carried, 612,069. Average rate charged passeugera per mile, i^ cents.
dollars of the same first charge bonds to bear 7 per cent,
;
interest,
the proceeds being used to put the road in condition. The
Great Western of Canada Board recommend the proposals for
acceptance. They seem to us fair, and as much as the bondholders cin expect."
According to a statement signed by Messrs. Joy, Chandler
and Buhl, tlie gross earnings of the line in 1807 were $1,761,308,
and working expenses witli taxes $992,518, leaving then a large
surplus, but fince 1807 the traffic has gradually decreased and
the expenditure remained stationary, or even increased. In 1873
the gross earnings were $1,201,877, and the expenses $1,227,603,
BO that in that year the expenses even exceeded the receipts.
A
somewhat better state of things arose in the following year, although then the traffic did not fail to decrease. In 1874 it fell
down to $l,151,20(i. but the expenditure to $944,472, leaving a
small profit. In 1875 (two weeks estimated) the traffic further
tumbled to $890,000, and the expenditure to ,$870,000, leaving a
—
fractional
margin
as profit.
Doi^)le Taxation.— The Supreme Court of California has just
rendered a decision in the case of the people, etc., vs. Hibernia
Savings and Loan Society, whicli declares the exemption of mortgages and other evidences of debt from taxation. The Constitution of California says that "all property in this State shall be
taxed in proportion to its value," and the Political Code declares
that evidences of debt and things iu action are property. The
Supreme Court, however, decides that, except in a certain sense,
and that not the sense of the Constitution, this is not so. The
opinions of the judges plainly declare that the taxation of an evidence of debt, the property which it stands for having itself been
taxed, is double taxation, unequal and against the constitutional
provision.
Hannibal
&
St.
Joseph.— Sealed proposals
for
$60,000 land
bonds of the Hannibal & St. Joseph Kailmad Company will be
received up to noon of February 33, by the trustees.
Liability of Stockholders of National Banks. —In the
United States District Court Judge Blatchlord has rendered a
decision in the case of Edwin L. Stanton, receiver of the First
National Bank of Washington, D. C, against Catherine C. Wilkinson.
The Trihune. report says Plaintiff was receiver of the
bank, which suspended in September, 1873, and tlie defendant at
that time held 100 shares of the bank stock, of the par value of
$10,00il.
On this sum an assessment of 60 per cent was laid to
pay the debts of the bank. The defendant refused to pay this,
:
and
Buii
wag brougbl
to
compel payment.
St.
Paul & Paciflc- The transfer of the Si. Paul & Pacific
main line and branch, from the control of tlie Hon.
Railroad,
George L. Becker and associates to tlie Dutch bondholders, ha.i
taken place.
Mr. John S. Barnes, of New York, will be President, and J. P. Farley, of Dubuque, General Manager. Mr. Farley
is the receiver of the extension lines of the company.
Wabash & Erie Canal.— A
is
despatch in the
New York
Time»
as follows:
Tekre Haute, Feb. 2t.—The Wabash & Erie Canal, extending from the Ohio State line through the cities of Fort Wayne,
Logansport and Lafayette, to Terre Haute and Evansville, was
sold at public sale, the chief purchaser being the plaintiff,
J. K. Gapen, who had brought an action to close up the trust for
all concerned.
This case, involving the State Debt act known aa
the Butler bill, has been appealed to the United States Supreme
Court, with the intention of having the liability of the State to
pay the canal stocks determined. The canal from Lafayette to
the Ohio State line sold for $85,500, the abandoned f onion for
$11,860, and the lots, quarries and lands adjacent for $3,930. Tne
total amount of the sales so far is $101,900.
The sale will continue to-morrow.
—
Walkill Talley. In the suit brought by the trustees to foreclose the first mortgage, the New York Supreme Court has ap.
ixiinted James A. Jones receiver. The road has been in tlie hands
of the second mortgage bondholders,
der foreclosure of their mortgage.
who bought
it
last
year un-
—
West Jersey. At the annual meeting in Camden, last week,
the report showed a slight increase in gross and a large one in
net earnings for last year. It was resolved to pass the usual
semi-annual dividend and to use the money for the erection of
the now depot at Cape May, and for the purchase of new rails to
he laid from the Cape to Millville.
—
The bondholders of the New OrleaoB Mobile & Texas Railroad met at the office of Morton, Blis» & Co.. on Saturday, and
regolved to reorganize under the name of the New Orleans &
Texag Railroad Comp my. Tbey will meet next Friday to complete the organization and elect officers.
The directorg of the Macon & Brunswick Railroad, of Georgia, have definitely rejected the highest bid made at the late sale,
and will again place the matter at the disposal ot the State
—
authoriiiea.
—
;
THE CHEONICLR
21
Commercial
^i)c
COTTON.
^Timcs.
Night, Feb.
1
Friday, P. M., Feb. 25, 1878.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (February 25) the total receipts have reached 109,676
The Movement
(H).MMERCIAL EPITOME.
f KiDAY
[February 26, 1876.
25, 1876.
the Crop,
oif
week, 118,582 bales the previous
week, and 131,379 bales three weeks since, making the total
receipts since the Ist of September, 1875, 3,404,927 bales, against
2,914,258 bales for the same period of 1874-5, showing an increase
bales, against 110,576 bales last
The spring seaOenerftl trade has been dull the past week.
son, so far as it may be said to have opened, proves even more
diBappoiuting. as rejrards the volume of business, than last autumn. 'J Ilia is in part due to the existence of a strong inflation
party in the popular branch of Congress, which prevents that
return of confidence in valu«< wliich is essential to a revival of
trade.
The intervention of a close holiday, and the prevalence of
cold, blustering weatlier have also contributed somewhat to tlie
and the speculation in leading
duliifss tliat has prevailed
staples lias been pretty uniform in favor of lower prices, especially
in the past few days.
Pork has been much less active on the spot, and the speculation in futures quite slow, closing to-day at $22 25@$22 50 for
mess on the spot, and :i;32 2-)f(0$22 55 for future delivery, March
to June.
Lard has also been arooping latterly, and closed today
at 13^0. for prime Western steam on the spot, and 13ic.@;3|e.
Bacon and cut meats have
for future delivery, March to June.
since Sept. 1, 1875, of 490,669 bales. The details of the receipts
for this week (as per telegraph) and for the corresponding weeks.,
of five previous years are as follows:
Receipts
week at—
this,
1876.
1816.
1873.
1814.
1871. i
1873.
;
brought
beef
Orleans
Mobile
Charleston
active.
at full prices.
&),433
38,481
32,872
55,673
37,513
63,780
9,99S
«,539
7,314
8,007
7.009
16,730
4,330
6,732
1.5,999
5,B11
4,7S4
7,065
9,193
8,204
18,038
*c
Port Royal,
466
1,083
13,751
18,404
8,475
7,105
10,471
183
152
1,464
Ac
14,337
4,921
6,903
317
34U
490
176
956
994
North Carolina
Norfolk
3,346
3,i3;j
1,732
3,016
1,635
3 369
8,7M
7,523
11,233
9,171
6,697
684
437
4W
131
611
109,676
78,075
107,a54
105,528
77,037
Ac
Indianola,
Tennessee,
Florida
has done better, selling very 'airly at 9ic.@9fc. for medium to
choice.
Butter has been firm for the better grades, but dull and
drooping tor the ji orer qualities. Cheese is without essential
change. Steariue is easier at 13}c. for prime Western. The export movement in hog products compares as follows, from the
undermentioned places, from October 30 to February 19, 1875-6
j-
5,578
Savannah
Beef and
Tallow
more money, but have not been
rallier
hams have met with a yood demand
New
Ac
City Point,
Total this
week
1
[
3,311
3,640
9,591
6,347
6,018
7 903
[
11,303
136,661
.
From—
New York
Lard,
bblii.
lbs.
42,312.3>15
Portland
Montreal
Philadelphia
Baltimore
New Orleans
63,131
10,445
2,780
311
2,606
4,779
191
Total
Corresponding time 1874-5
84,2.i3
71,lil2
Boston
Increase
Bacon
Pork,
3.491,570
3,917,683
....
4,0'9,S31
4,244,560
287,680
57,278,3.i9
71,012,80?
Total since Sept.
Hams,
The exports
this evening reach a total of
96,548 bales, of which 67,565 were to Great Britain, 14,257 to
France, and 14,724 to rest of the Continent, while the stocks as
made up this evening are now 853,076 bales. Below are the
stocks and exports for the week, and also for tho corresponding
week of last season:
84 4:3,343
24,>'70.aa3
9,527.645
740,300
16,493,650
1,843.336
91,000
Exported to
131.018,547
117,915.182
ending
Feb. 35.
;
;
;
Sales past
Stock Feb. 24, 1876
Stock Feb.
35, 1875
Hhds.
Boxes.
10,715
7,8S5
21,418
31,495
1,452
2,828
6,415
33,045
Bags.
^ielado.
Ci7
6)0
2,230
720
3,933
2,316
65,(;7H
176,193
New
New
Hides have been
in
Same
this
week
week.
1875.
Great
ContiFrance
Britain.
nent.
New
Orleans*
Mobile
Stuck.
1876.
\
1875.
'
Charleston
Savannah
Qalvestont
5,562
7,439
43,019
4,402
«,545
1,800
13,747
4.091
68,494
60.28-!
7,338
2,000
9,338
4,719
44,841
46,61'J
ICO 119
5,014
5,110
10,134
13,734
66,907
10,537
....
10.537
6,76:
80,161
68,0'2
385
8,6J3
14,191
169,1.33
174.431
1,903
16.919
8,59'J
2,159
11..50 J
46,000
5:1,401
New York
8,'
Norfolk
other portst
2,159
Total this
87
150
•
week
67,565
14,857
•••
79,57S 853,076 £23,889
96,546
14,734
}
Total since Sept.l 1,856,448 336,316 451,594 2,097,258 11.705,014
JVcH'
Orleans— Oar telegram
to-ntght
from New Orleans shows that (besides
above exports^ the amount of conou on shinboard and
cuffiiged for Blilpment at
J'or Liverpool, U,m) i>ale«
for Havre, ie.OO bales for
Contlneut, 52,000 bales : for coastwise ports, 5,' 00 bales; which, if deducted trora
the srook-, would leave as.OWl balej j-.-presentlng the quantity at the .auaiiig and In
that port
is
as follows
:
;
;
presses unsold or awaiting orders.
t Galceston.—OUT Galveston telegram shows (besid s above exports) on shipboard a' th.t port, not r.leared: For Liverpool, 7,2:5 hales; for other foreign,
li,0S6 bales
for coastwise p rts, 3,246 bales which. If deducted from the aiock,
would leave remaining M,65-i bales
The
exports
this week under the head of "other ports" Include from Boston
I
2,159 balas to Liverpool
from Philadelphia 520 hales to Liverpool.
;
;
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 16,968 Ijales, while the stocks to-night
are 29,787 bales more than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Feb. 18. the latest miil dates:
RBCKIPTS
EX70RTBD 8IN0B
PORTS.
Qreat
1875.
moderate demand and quota-
tions are without essential cliange; dry Montevideo sold at 21c.,
gold, four months. Codfish in good demand and steady; pales,
l,.^00 quintals at |4 75 for Grand Bank and $5 75 for Geirges
other fish (juiet and unchanged. Whiskev declined to $1 10, and
recovered to f 1 11, tax paid, but closed unsettled and dull.
Clover seed has been quiet, but closes more active, with sales of
Canadian and State at l3J@14c. per lb.
In ocean fieights there has been a somewhat better business as
regards berth room, superinduced by tome decline in late rates.
Charter room at the close was steady and in slightly better
request. Late engagements include
Grain to Liverpool, by
steam, 7@7Jd. provisions, 30(u)33s. per ton ; grain, by sail, C^d.,
and cottoned., compressed. Grain to London, by steam, 9d. hops
Jd. cheese, 40s. per ton.; grain, by sail, 8d. do. to Hull,by steaui,
8Jd. sugar, at 30j. ; provisions, 35s. per ton. Grain to Cork, for
refined petroleum to Bremen, 3s. lO^d.
naphtha
orders, Gs. 9d.
do. to Stockholm, 5s. 6d.
to London, 5s.
To day there was only
a small linsiness, but no further changes took p'ace. Oraiu to
grain to London,
Liveri)ool, by steam, 7Jd.; flour, by sail, 2s 6d.
by pail, 81. do. to Glasgow, by steam, 9d.; flour, by sail, 2s 7Jd.
grain to Cork for orders, 6s. 9d ; do. to Oporto, in shiiiper.-)'
bags, ISc, gold no petroleum charters.
The business in naval stores has been rather quiet, ;-', late
Spiri>.o turfigures have been maintained in a steady position.
pentine closes at 36Jc.,and common to good strained rosin at
$1 Gi\wl 65. Petroleum has latterly advanced under higher and
somewhat excited advices from the Creek crude, in bulk, 8^0.,
and refined, in barrels, at 14ic. lor early deliveries.
28,746 ;1S0,131 300,755
80,028
;
Kentucky tobacco has ruled firmer at 5((i)7ic. for lugs and 8®
18c. for leaf; the sales for the week embraced 500 hhd8.,of wliicli
400 were for export and 100 for consumption. Seed leaf has been
in fair demand and about steady; the sales embrace: crop of
York at Lw., 126 cases Wisconsin at 8c., 300
1873, 70 cases
cases
England at 8c.; crop ot 1874, 150 cases do. at 8(ij9c.,
34 cases Pennsylvania at lie; and crop of 1873 and 1874. 300
cases Ohio at <!J'88c.; al.so, 200 cases sundry kinds at 7((u20c.
Spanish tobacco has been in good demand and higher; sales were
1,000 cases Havana at 88c.@tl 20.
Linseed oil has ruled a shade lower at 59(ii60c. Crude sperm
has bi en in fair demand at steady prices. Other oils quiet and
unchanged.
Total
Week
Rio coffee has been more active, the sales for the week aggregating 33,000 bags, by which the stock at this port has been
reduced to 218,847 bags, with tlie visible supply for the United
fair to good cargoes, IGJcffil^'c.,
States reported at 357,027 bags
gold. Mild grades also more active and the close strong Java,
23@25c. and Maracaibo 16ir*18ic., gold, with stocks 131,000 mats
Java, and 40,300 bags and 2,50(5 mats ot other mild grades. Rice
has been quiet and unchanged. Fruits and spices quiet. The
auction pale of teas, yesterday, showed no essential change in
prices.
Molasees has been in moderate request, with further
sales of new crop Cuba at 32c. for 50 test. Sugars, at some decline
in raws, have been fairly active
fair to good refining, 7|(<87fc;
standard crushed refined, lOfc.
week
week
8,914,358 3,050,966 3,715,dl5!j.l66,9.i7 2,T8I.7g|j
week ending
13,739,448
...
Receipts past
1.... 3,404,927
for the
20,103,305
13,241
Decrease
&
lbs.
1874.
Britain
810,980
!
France
SEPT.
Other
forei'n
1
TO
Coast-
wise
Stock.
Total.
Ports.
733,140
118,353
373,397
1
N. Orleans.
Mobile ....
1,0.)H,893
.300,683
3S3,356
87,609
11,9781
38.280
1-37,817
96.067
73.897
Charlest'n «
MifiJo
3S0.461
104,350
43,;3j
57.i67
206.653
91.374
51,073
Savannah ..
Gabeston*.
4li.j,7r4
519,507
139, 101
26,035 119,593
281,732
111.770
74,438
400,093
3117,654
144,348
4,111
31,417
169,876
172,932
New York..
136,780
8t,0,3
246.365
1,765
40,710
388,7.i8
3,-301
38,701
64,09-
3,569
89,314
390.919
31,323
1238,883 271,959 439,370 3000,712
959.379
865,030
2,836.183 1189.973 191,018 344.423 1685,436
941.568
840 016
403,544 181,117 149,479
Florida
ii,or
11.325
N. Carolina
80,409
7S.84S
20,400
Norfolk* ..
Other ports
39J,957
323,914
87,5-.7
72,9-31
48,046
65,753
168,675
11,037
56,788
1,817
11,83:3
39,r00
68,611
:
Tot. this yr. 3,395,351
;
;
;
;
;
;
;
;
;
;
;
;
;
Tot. last yr.
•
is Included Port Koyal, &i;.j ander the head of
Isinclu'ledludiano.a, &c.; under the head of Nor/oik is included Ui j
Under the head of CA«r/«4(on
t?a/Hd^(/)n
Point, &c.
These mail returns do not correspond precisely with the total ot
the tel'Sgraphic figures, because in preparing tlieiu it is alw.-iys
necessary to incorporate every correctiim male at tlin ports.
The market has been very dull and depressed for cotton on lh«|
spot, during the whole week, and prices have further declined.
Quotations were on Monday marked down 1 10c to 12ic., for
,
Middling Uplands, but this quotation was wholly nominal, as
represeniing the views of holders rather than prices actually
paid
for "short notices," February contract.-* sold on Monday
Such little demand as has existed has been mainly
at 12 19 32c.
from liome spinners. Gold and exchange have favored shippers,
but the rapid decline of prices in foreign markets has kept export
;
1
.
:
^™|^CHKONlgl^
February 26, lo\6j
Receipts nt New Orleans and
the highest estimates New
Orleans returning a considerable increase over last week and
more than doubling on the corresponding week last year but at
other points and at most of the inland towns receipts have been
comparatively small. Yesterday, the market was very dull,
under
a
further
decline
at
Liverpool
and
lower
gold
here,
but
not
quotations
were
reduced.
To day
the market was rather
but.
steady,
very
more
quiet.
For future delivery, there was during Monday and Wednesday
a state of semi panic prevHiling in the market, and the opening
on Thursday morning was weak, the lowest prices showing a
decline from Saturday of 5 16c. for the early jiontha and ^e. for
the later months. At this decline, however, the demand became
very active, and, in the course of Thursday, even in tlie lace of
a further decline at Liverpool and lower gold here, there was
some recovery, especially for the later months, the result of the
demand, which is natural after a sharp decline, to cover contracts put out at higher prices.
But this improvement was not
long maiutaincd, and the closing prices were 1-10@^. lower, with
basineoB within narrow limitp.
Memphis have been
fully
up
—
to
;
this
from
however,
difference,
Monday's and
Wednesday's
markets, that the later months ^declined most. The demand for
April delivery was very active.
To day, there was a sharp reaction
prices were at one time ^c. higher, but the close was quiet,
with part of this advance lost.
The total sales for forward delivery for the week are 179,100
bales, including
free on board.
For Immediate delivery the
total sales foot up this week 3,639 bales, including S42 for export, 3,183 for consumption, 605 for speculation, and
in
transit.
Of tlie above,
bales were to arrive.
'X'he following
are the closing quotations
;
:
New
ClMsiacatlOQ.
Drdluary
9 3-18
10 1-16
strict OriUuarjr
OoodOrdlnjiry
strict Good Urdlnary
Low Middling
Strict Low MlddllnK
Middling
9ood Middling
®
10 1-1«
...
lU 11-16®....
11 -,-i» a...
7-16®....
Tezaa
Orleani.
9 »-;««,...
»....
»....
11-16®...
11)
New
Alanama.
UplaDds.
..pern,
9 3-16
11) l-!6
a...
&....
13-18® ...
10
U
n
9 3-16 ®...
iU 1-16 <»...
10
13-16®...
a
9-16
..
11 9-16 a...
11 15-16»,... 12,1-16 ®....
s-16 a-..- 12 3-16 a...
.9-16
12 7-:s ®....
12 11-16®.... 12 11-16®...
.
11
m
3X
Good iflddllug
Mlddlmg Fair
Strict
13X
i4»
®
U
»..-. iiH
«...
@
'3x
..
.
«.... 18 15-16®.... :2 IB 16®...
a.... 13K
®...
a.... 13K
a... i3ji
a.... I3'«
a...
a.-. UM
»...
a.... l*i<
a.... 15
a.... 15X
a...
13?i
ux
a...
a....
11
Kulr....
H
15
BTilNKl5.
Good Ordinary
Strict Good Ordinary
9 5-16
11) 7-16
.
I
Low Middling..
10 15-16
I
Middling.
11 13-16
Below we arive the sales ol spot and transit cotton and price of
Uplands tA this market each day of the past week
:
FBtoKb.
New
ClasBlficatlon. lup't.
Saturday
Con- Spec- TranGood Low Mldsump, uia'u sit. Total. ord'ry Ord'ry. Mldl'g. dllng.
100
Monday.
191
718
4,10
Tuesday
100
407
Wash
Wednesday...,
rborsday
Krlday
2110
511
9«
16
2S9
410
lOX
394
9 3-16
1.555
Ingto
Hlrtta
846
lax
Holl day
U-IC U 15-16
9 3-:«
9
13 13-16
13
10 11-16 11 15-16
day.
408
426
Total.
10
10 11-16 11 15-16
10 11-16 11 15-16
3-H
9 3-19
21
brought down to ThnrHday evening; hence, to make the totals the
complete figures for to night (Feb. 23), we add the item of exports
from the United tStatea, including in it the exports of Friday
only
iim
lff75.
im4.
1»T«.
:
Btock at Uverpool
i)tock at
ToUl Great
Britain stock
:
For April,
bales.
100 8. n, ..12 11-3;
lOUs.
500
n...U
15-12
liH
12 9-16
lOcl
^UOs. n
2U)
12 19-J2
200
2,200
l,;«)^i
I3X
\i\
l.'iOO
13 13-Si
i/M
12 13-16
12 3:-33
1331-32
4.300
100
1,0(0
600
13
13 1-32
13 l-;6
1,700
\:i%
13 5-32
13-32
3,5(10
12 7-16
100 B. B. (,, ..o.,
!''
2,100
2,300
I2S
3,700
12 17-32
916
XIO
12 19-33
3, too
li!
133-3i
For May.
3,:i00
12X
3,3110
13 15-16
13 31-33
13
500
900
13 41-32
12 11-16
13 23-32
2.500
3,100
4,300
13 1-16
13 3-33
1,.'.00
1,300
6.100
UX
300
13 13-16
12 ^7-32
1,500
a,aao
3,003
31,300 total
March.
13 3-16
13 7-32
700
1.300
3,400
2,300
4,000
3.600
3,500
2,500
100
1.200
4,800
1.200
1,100
2,100
13X
13 13-32
13 7-16
13 15-32
13X
13 17-32
13 9-15
13 19-;i2
\i%
13 21-32
31,700 total .Jnae.
7,.5UO
13K
5,100
13 5-32
13 S-i6
13 7-33
380
13X
13 9-a
3,300
300
bales.
cts.
4,300
:3HI
2,000
1,500
1,800
100
100
13M
13 17-32
13 9-16
13 19 33
13H
13 21-33
13 11-16
900
13X
1,000
1,000
13 35-3i
13 13-16
18 27-32
300
:3«
13 9-3i
13 5-16
13 11-33
4U0
900
131-32
800
400
3,500
1,500
13«
toUl May.
For Jane.
12 29-83
12 15-16
46,300 total April.
U
45,000
12K
1,600
"^•
13 11-32
13 2.1-33
700
For March.
1.6(10
cts.
5-16
1M«
12
12X
Feb.
1.1
12 33-32
8,100
1,500
4.400
3.70U
12 31-Si
.,
2.2UU total
bales.
600
3,500
2,900
7,400
900
JIS!:".-.::::1«^
100
cts.
For July.
13 13-32
13 7-16
13 15-32
16,300
toUl July.
For August.
400
1,100
1,4«)
100
;oo
300
300
13 9-16
13 19-32
13H
13 21-32
13 l.-lt
13 23-32
:3 i3-;6
13X
300
100
200
18 3i»-32
13 15-16
13 ai-3-;
Aug.
:
excu. TOO Feb. for AbHl.
U-33C. pd. to Gxch. 100 March for May.
spot quotations and the closing prieea
bid for futures at the several dates named :
HTODClMe UPLANDS— AMVBIOAM OLASSIFIOATION.
Mon.
Wed.
Sat.
TUM.
Than.
Fri
Fri.
On spot
13 13-11
13 la-W
13\
12X
12X
February
13 23-33
13
13H
12«
12 13-16
13
13 :9-a2
13 21-33
13 7-16
.March
April
13H
3-33
13 3-32
12 l.T-16.
May
inuc
13
U-3!
13 11-32
13 U-32
13 7-33
13 15-32
13 U-16
li
13
13
13
13
12 13-32
13 11-16
13 17-3t
l:(
13 15-16
13 3-16
13 13-33
13 <l-li>
408
43,900
113J(
13 5-33
13 13 32
13 1-32
13 »-l6
13 33-33
13 29-^2
Uly
Aagnat
1W6
!3 13-J6
13 15-16
13 27-3;
l.i55
Balesspot
b67
Sales luture...
3^,4110
30..500
23,410
\M\
113V
lU
*Xiji
t.Sl
».»!;<
Gold
Kxi'.iiaiise
..
..
311
199,790
198,000
90S,i50
834,«S0
918.7U)
Ttl.OOO
iS3,soa
183,000
irn.ooo
StlMO
-
988,000
6,tM
9,900
11,000
11,000
ItZ.UOO
63,000
33,500
47,000
SO.OflO
tO,900
tO,000
39,000
42,500
37,750
»7„'iOO
39,000
41,510
48,000
80,000
89,000
13,760
!«,S00
i.'i.JOO
8,000
1S,000
8,000
14,290
25,000
13,900
H,000
M.0O0
87,000
443 000
890,700
881,790
491,000
Total ISuropean stocks
1,316, 2.50
131.000
India cotton afliat for Europe
American cotton afloat for Europe 9-12,000
,109,900
1,273,900
1,172,000
223.000
139,000
31'I.U>0
iW.OOO
509,00)
993,000
Total continental porta
Egypt, Brazil, &c.,afloat for E'ropo
Stock In United States porta
9 1,000
58,0OJ
84,0,10
89.000
853,076
823,289
8;i,5«0
9I3.978
StocklnU.S.
Interior ports
121,913
119,800
131,021
97,921
United States exports to-day
10,000
12,000
IVOOO
10.0)0
..balos.3,0ii0,2»9
«,959,ft19
8.0S«,081
3.7H,h91
Total Ttelblesapply.
or the above, the
totals or
Liverpool stock
ContinenUl stocks
Amert<»n aud other
390,000
479,000
..
de-<crlptionn are as rmlo T'
;
3:18,000
196,000
138,000
280,000
146,000
165.000
912,000
&5O,0OO
509,fli|!;
.92,000
ms/lt
823.289
871.560
513.971
124,973
r.o.wi
164.021
»7,98l
10.000
13,000
MO
10,000
bale8.2,289,0(9
Total American
East Indian, Brazil, <tc.—
399,000
stock
Liverpool
05,2->0
London stock
lSi,(X)o
stocks
Continental
131,000
India afloat for Europe
9.3,000
Egypt, Brazil, Ac, afloat
2,010,88J
2,032,531
1,967,894
322,000
127.250
181,700
321,000
58,000
.lavooo
329.000
196,000
323.00
American afloat to Barope
United States stock
United States interior stocks
United States expoits to-day
4c
Total East India,
Total American
791,850
2,269,049
Totalvlslble supply. .--bales. 3,060,299
Price Middling Uplands, Llverp'l. 6 3-16d.
15,
195.7.'>0
189,750
109 000
84,00
•ilO.OllO
83,000
1
914 990
2.040,889
l,fi23,5i'0
2,032,981
1,149.000
1,587,841
9,955.839
7J4d.
3.0.56.081
8,716.394
7%.
9Xd
These fixtures indicate an increase in the cotton in sight to-night
of 104,460 bales as compared with the same date of 1875, an
inereate of 4,218 bales as compared with the corresponding
date of 1874, and an increase of 343,40.5 bales as compared
with 1873.
I.
Week
—
ia set
ending Feb.
out in detail in the following
Week
29, 1870.
ending Feb.
2S, 1879.
|
Receipts. Shlpments- Stock.
Augasta, Ga
Colnmbufl, Ga
Receipts. Shipments. Stock.
l,8fi0
10,826
68513
Nashville, Tenn....
1.505
14,770
1,483
14.427
10,500
7,276
9,107
7,481
1,493
7,669
2,476
646
852
926
1,100
6,616
l,f83
Total, old ports
21,161
19,377
134,973
14,049
136
1,076
3,670
5,400
131
174
83
262
4,084
8,529
445
913
6,295
8,294
- -
431
625
609
.
.
Selma Al
Memphis, Tenn
i
Dallas, Texas
Jefferson, Texas
.
.
S hreveport. La
Vicksb^g, Miss
Colambas, Miss....
Kufaula, Ala
Ga
Atlanta, Ga
Rome, Ga
Charlotte, N.C
Oriflln,
St. Ijouis,
1,011
.5,611
1,>00
3,123
474
1,205
3,378
1.696
1,52
668
820
.388
1,0.59
759
4,704
1,849
1.332
1,199
1,566
11,909
1
i
15,360
11,002
8,690
3.-338
5.139
58.442
2,3-34
17,6,.9
24,879
119,600
989
9.2
279
689
2.95.3
2.620
2,2SI
143
3,809
2,263
4,270
2.900
1,:«0
9711
432
639
288
943
1.752
170
505
334
451
921
2.335
3.309
1,296
625
2,178
1,0 5
1,1192
376
3.284
27.750
17 957
Mo
7,6i>0
524
9,552
O
3,019
2,216
23,003
28.676
73 SSO
14,301
17,965
•4,1^
44,169
48.0.53
193,563
28,860
42.841
183,733
stocks
have
Cincinnati,
Total,
2,703
1,148
631
714
1,813
Macon Ga
Montgomery, Ala
now
691
....
ports
Total, aU
The above
totals
show
1
1
27,246
!
l.',605
that the old
interior
2 857
during the week 1,7S1 bales, and are to-night 5,373
The receipts at
bales more than at the same period last year.
same towns have been 7,112 bales more than the same week last
year.
show
a-xi
7*3.000
I87,«40
iiutreased
6,500 total
The following exchanges have been made during the week
followini; will
Tlt,000
t6,250
8tock8tIIamhurif
Stock at Bremen
Stoch at Amatcrdam
Stock at Rotterdam
Stock at Antwerp
Stockat other continental port'..
n\
100
1,300
11-330. pd- to
The
....
Stock at Havre
Stock at Mamoilles
Htock at BarculOD*
For forward delivery the sales (including
free ou board)
have reached during the week 179,100 bales (all middling or on
tlie basis of midiilin-i^). \aA the followinif is a statement of the
,.ts.
838,000
London
corresponding week of 1875
statement
Delivered on contract, daring the week, 700 bales.
bales
—
At the Interior Pouts the movement^that is the receipts
and shipments for the week and stock to-night, and for the
13X
13X
3,629
sales and prices
For February,
L
...
s-
o
a
35-33
1-16
5-16
17-13
2i-33
316
41,700
tl4K
*.1*A
13»
13 25-32
423
46.900
113X
4.34
Tub Visible Supi-lt of Cotton, as made up by cable and
telegraph, is as follows.
The continental stotika are the figures
of last Saturday, but the totals for Ur(;at Britain ami the iitloat
ior the Continent are this week's returns, and consequently
Bombay .Shipmbnts, — According
to our cable despatch received
there have been 9,00(1 b*les shipped from Bombay to <}roat
bales
week,
to the Continent; while the
iiritain the past
and 11,000
receipts at Bombay during this week have been 25.000 bale-t.
The movement since the 1st of Jannary is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Feb. 24
Receipts.
'Shipments this week—, ^-Shipments since Jan. 1-^
io-(iay,
—
:
,
Great
Britain.
9,000
1S76
187S
1374.
...
20 000
29,000
ConClnent. Total.
11,000
20,000
13,000
3:3,000
36,000
7,000
Grt-at
ConBritain, tlnent.
5;,(X)0
56 OJO
152,000
72,000
49.000
113.000
This
Total.
lOS.OdO
221,000
167.000
Wfek.
Since
.lan.t.
57,0iK)
154,000
311,000
44.000
2.37,000
25,000
the foregoing it would appear that, compare! with last
year, there is a decrease of 13,000 bales this year in tlie week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows ^decrease in shipments of 116,(XX) bale*
compared witn the corresponding period of 1875.
From
:
THE CHRONICLE
212
Wkathku Reports by TELHOUAPn. —The
pant week liaa
not luoresothan
Preparations for the next crop
usual at this season of the year.
In the Soutlnvest we see that the wet weather
are progressing.
ia interfering with the plowing.
are havinj; too much rain so much, in
Oalveston. 7'exas.
fact, that it interferes with plowing and the movement of the
This week it has rained on three days, two days hard and
crop.
one light. It enowed in the northern part of the county on one
day. The rainfall here has reached two inches and eighty-five
hundredths, and the thermometer has averaged 56, the highest
being 73 and the lowest 43.
have had rain on two days, with a
Indianola, Texas.
The thermometer
rainfall of one inch and twelve hundredths.
has averaged 56, the highest being 71 and the lowest 42.
on
three days, but as the
Vorneana, Texas. It has rained here
week closes there has been a favorable change. The rainfall
reaches one inch and sixty hundredths. '1 he thermometer has
averaged 52, the highest being "'t and the lowest 35.
been a pretty lainy one, tliough
in raost sections
— We
—
— We
—
— We
We
have had rain on two days this week.
Dallas, Texas.
are having too much rain, plowing being suspended on that
As the week closes there has been a favorable cliange.
account.
The rainfall this week has been three inches and fifty hundredths,
and the thermometer has averaged 63, the highest being 68 and
the lowest 33
—
New Orleans, Louisiana. There were four rainy days here the
past week, the rainfall reaching two and fifty hundredths inches.
The thermometer has averaged
— We
56.
had rain here on Sunday and
Louisiana.
Monday last, the rainfall reaching one inch and sixty-seven
hundredths. The thermometer has averaged 53, the highest
being 71 and the lowest 35.
There was rain one day the past week,
Viek^rurg, Mississippi.
the rainfall reaching eighty-six hundredths of an inch. Average
thermometer during the week 53, highest 54 and lowest 49.
Columbus, Mississippi. We had rain the early part of the week,
the rainfall reaching one inch and twenty-five hundredths, but
the latter part has been clear and pleasant. Average thermometer
55, highest 70 and lowest 39.
Excepting Saturday and Monday last,
Little Rock, Arkansas.
when we had a slight rain, the weather the past week has been
pleasant, the thermometer averaging 50 and ranging from 33 to
Total rainfall forty hundredths of an inch. Cotton of very
66.
inferior quality continues to come in goodly quantities.
It rained here slightly one day this
Nashville, 'lennessee.
week. The thermometer during the week bus averaged 43, the
highest being 54 and the lowest 30.
Memphis, Tennessee. We had rain on one day daring the week,
the rest of the week being pleasant. The rainfall was twentyfive hundredths of an inch.
It has rained constantly one day, and was
Mobile, Alabama.
cloudy one day, the remaining five days bemg pleasant. The
rainfall was one inch and ninety- nine hundredths.
The average
thermometer was 53, the highest 07, and the lowest 38.
Montgomery, Alabama. The early part of the week we had
two rainy days, the rainfall reaching one inch and ninet<«n hundredths, but the latter part was clear and i)leasant.
The thermometer has ranged from 33 to 65, averaging 51.
had two rainy days here the past week,
iielma, Alabama.
the rainfall reaching one inch and lifty-iive hundredths. The
has
avi^raged
thermometer
48.
Madison, Florida. Tel-gram not receive!.
There
waj
one rainy day here the past week.
Macon, Georgia.
The thermometer during the same period has averaged 47, the
highest being 63, and the lowest 39.
It rained constantly two days of this week,
Atlanta, Ueorgia.
the rainfall reaching one incli and thirty-eight hundredths. The
thermometer has averaged 46, the extreme range being 20 and 60.
Columbus, Qeorgia. Two days of the past week were showery,
the rainiall reaching ninety-eight hundredths of an inch. The
thermometer has averaged 49, the highest being 63 and the lowbhreveport,
—
—
—
—
—
—
—
— We
—
—
—
—
est 33.
— We
—
We
parison.
^Feb. 24,
Feet.
NewOrleaBB..Belowhlgli-waterm«rlr
Memphis
4
8i
'76-,
Inch.
5
r-Feb.
56, '75.-,
Feet.
Inch.
8
9
3
5
3
3
Si
30
13
Above low-water mark
11
Nashville. ....Above low-water mark
11
8
Hhreveport.. ..Above low-water mark
20
7
Above low-water mark
Vicksburg
<t2
1
11
reported
below
high-water
New Orleans
mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or 16 feet above low-water mark at that point.
—
AoKicui.TURAL Bureau's Crop Estimate. In our editorial
columns will be found an article showing what we think is the
only legitimate conclusion from the Agricultural Bureau's crop
eport.
fFebrnary 26, 1876.
—
India Crop. The latest mail dates from India begin to speak
harm which we supposed must be developed from the unfavorable weather reported daring the planting and start in the
of the
early districts.
Messrs. Finlay,
write that
Muir
& Co.,
under date of Bombay, January
15,
Mr. Dtialop, the Assistant Commissioner in charge of Cotton Statistics in
Berar and the Central Provinces, has sent in his report reijarding the condition and prospects in his districts, and these are more unfavorable than was
expected. There is a decrt^ase of 5.001 acres in the land under cotton in the
Central Provinces, but an increase of 172.85;3 acres in Berar, or a net increase
of 167,85-2 acres, lint, the out-turn will, he says, lie very deficient, from excess
nf rain, and it is only iate y that the serious nature of the dami<;e has become
apparent. He considered the average last season in the Central Provinces to
have been -15 lbs. per acre, but this year he puts it at iT/, lbs. In Berar, last
year. 55 lbs. per acre wa-* about the produce, and this year he estimates it at
Ilis estimate of the exports in lM75-7(i is as follows; lling;1.5X lbs. per acre.
unghaut crop, 15.000 baley; Berar crop, 191,000 bale.", and Nerbudda Valley
crop, 5,000 bales— against .30,737 bales, 274,444 nales and 6,078 bales respectively
last year, or a totil decrease of 97,3(19 bales. In Broach, a few carta of Kuppas
have been received, but ginning is not expected to become general till the be'ginning of next month. I'he Dhollerah crop is the only one that will be early,
and it is expected that receipts will be on a pretty free scale six weeks hence.
March will, therefore, probably he the month during whicli receipts of cotton
in Bombay will be largest. Accounts from Dharwar regarding exotic cotton
continue bad, but indigenous plants are still healthy.
W.
Messrs.
Nicol
&
Co. report that
Since our last circular was written the Assistant Cotton Commissioner of
the Berars and Central Provinces has issued a report which represents crop
prospects in these districts as infinitely more gloomy than we had been prepared for. The yield of Hingunghaut is estimated at 15,000 bales, or about half
a crop, whilst tee Gorarawuttee crop, which last yenr amounted to about 280,000 bales, is not expected to exceed 199,000 bales. From our own correspondents we have, this week, Advices confirmatory of these estimates, and
additional evidence is afforded by the scantiness of supplies, not only at the
several markets, but in the villages all throughout the couiiiry. The unseasonable and heavy raintalls in October must have caused Immense damage.
Laiest advices from Broach report picking as becoming more general, and
that the weather was in every respect favorable. In the Dhollerah districts
the plants are said to be progressing satisfactiirilv towards maturity, ttnd we
expect to find a goodly quantity of Bhownu'.'gur In thii market next month.
Messrs. Peel, (^assels & Co., in their report dated Bombay, Jan.
have the following
It was not thought at the time that the heavy rain which fell in the Berara
in October bad done much serious damage to the crop of OAinrawuttee, except
ill a few parts of the district, and until quite recently the reports which we
17,
have received from up-country agents have pointed to a satisfactory harvest
•in the whelo.
The oftlcial statement of the Assistant Cotton Commissioner,
however, ii-eued a few days ago, puts things in a much less favorable tight,
and, according to his report, we must consider the Oomrawnttee crop a partial
failure, both as to quality and quantity. An increase in the area sown with
cotton of 167,852 acres over last season will help to make up f»r the smaller
yield tier acre but with respect to the quality of the cotton, which it was confidently expected would improve in the later pickings, private advices from
Sheaganm, Khangaum. and Oomrawutteee itself, speak of the continued
unsatisfactory quality of the cotton coming in, and of the growing feeling tliat
there is not much better to follow.
The Hingunghaut crop suirered, though more intensely, from the causes which
adversely affected Oomrawnttee. Our latest advices from Wurdah stfte that
only '0 to 103 bales or so are arriving daily, agreatpart of thi^beingof inferior
qu.ility, and this district is not now expected to send forward more than 15,000
bates 111 all.
In tlie Brooch districts picking is going on'steadlly, and some cotton of nice
quality may be expected to come to market by the end of the present month.
Meantime the samples of the very first pickings show some stain, and cannot
be sent forward as representing the new crop of this growth. As we are go.
ii g to press we have seen a teiegtam, dated Broach. 8:50 A. m. tliis day, stating that tlie first pickings continue to show unsatisfactory quality.
The DhoUerah-Bliowiiuggnr-Mowa crop continues to promise well, and
though, in some of the Dlielierah district*, the out-turn will depend a good
deal on the slate of tlie weather during the next two or three weeks, tliere
seems to be every reason to believe that this large crop, at least, will not be a
disappointment. A sample of the first pickings of new Veravul just to hand
sliows a very nice tiuality.
Tlie news rei'arding the new crop of Dharwar saw-ginned continues bad, the
exotic plants still sutfering from blight. The indigenous plants, on the other
hand, are looking well, and there is every prospe t of a good and full crop of
Coniptah. The new croi) of Tinnevelly is looking very well in the northern
but in the
districts, an picking will probably commence early in February
South llie plants are a little later. A large oiit-tuni of the new crop is genererally loolted for, pretent estimates pointing to 150,000 bales.
;
I
;
—
Gunny Bags, B.vooinu, &c. The market for bagging has
been a shade more active during the past week, and it seems from
what we can learn that about 4,000 rolls have been disposed of,
which includes those rumored sold in our last issue, but full particulars are not given, though it is reported that a portion of this
sold at 13c. The market closes quiet. Bales are dull and
Bags quiet at 13ic.
India, 9@9ic. Borneo, 13i@13ic.
for 440s. Butts are quiet, and only a small demand exists for
spot lots, manufacturers being fully supplied for the present.
Holders are asking 3f@3Jc. For lots to arrive there has been a
good demand, and we note sales during the the past ten days of
about 10,000 bales at 3ic , gold, and 2J@3Jc., currency, for Feb.,
March and April shipments. At the close, February sailings are
held at 3|c. gold, while lots for later months might still be had
at 3Jc., gold.
lot
— We
have had rain on three days, and the
aavannali, Qeorgia.
rest of the week was cloudy, the rainfall reachinjr tliirty-five
hundredths of an inch. Average thermometer 54, highest 64, and
lowest 45.
had a light rain on two days of the
Augusta, Georgia.
past week, the rainfall reaching thirty hundredths of an inch.
The rest of the week has been pleasant. The thermometer has
averaged 49, the extreme range being 33 to 66.
Charleston, South Carolina.
It was showery two days the past
week, the rainfall reachinnr forty seven hundredths of an inch.
The thermometer has averaged 53, the extremes being 33 and 66.
The following statement we have also received by telegraph
showing t'.ie height of the rivers at the points named at 3 o'clock
give last year's figures (Feb. 26, 1875) for comFeb. 34.
:
:
:
:
was
nominal
;
;
,
Liverpool, Feb. 35.-13:30 P. M.— By Cable prom LivbrPOGL.— Estimated sales of the day were 10,000 bales, of which
Of to-day's sales
3,000 bales were for export and speculation.
The weekly moyement is given as
6,300 bales were American.
loUows
Feb.
Sales of the
week
4.
bales. 49,000
18,003
5,000
4,000
743,000
Forwarded
of which exporters took
of which speculators took
Total stock.;..
of which American
Total import of the week
of which American
Actualexport
Amountafloat
of which American
Sales American
Tlie following table
Satur.
Spot.
Feb.
Feb.
11.
55,000
22,000
5,000
5,000
....390,000
79:1,000
4:15.000
104.000
73,000
6,000
386.000
...301,010
121,000
87,000
3,000
318,000
265.000
'
18.
57,000
26,000
6.000
5,000
841,000
484,000
122.000
98,000
4,000
333,000
247.000
33,000
Feb. 25.
u.'.OOO
18,000
3:i,00fl
7,000
4,006
Ki8,000
479.000
60,000
40,000
6,000
3(,7.nnfl
278,000
wUl show the daily closing prices of cotton for the week
Pn.
Tues.
Wednes.
Thurs.
Mon.
.-©6 5-16 ..©6 5-16 ..@6>i
..@»H ..laB 3-16 ..@6 S-\&
..©fisi
..@6 9-16 ..@8 9 16.. (a6K
..@<>X
The market at Manchester ia dull and tending downwards.
Mid.
IJpI'ds.
do
Orl'na.
..@&%
1
.
THE CHRONICJLR
February 26, 1876,]
Fiitura.
—
Tuesday. January shipment. Hid. Uplands, regular contracT. by
March April delivery. Uplands, l^ow Mid. clause, 6 1 lOd.
April-May delivery, i'plands. Low Mid. clause, 6 3-16d.
ToOenoa, per barks Louisinnn,
23.
9,635
4,583
100
8,087
4,683
Other British Ports
Total to Ot. Britain
9,599
9,685
Havre
Other French ports
Bremen and Hanover
107,083
:
period
prev'us
date.
year.
206,120
.354,350
206,120
150
1,915
4,351
5
150
Other porta
Total to N. Europe.
569
100
pool. Cork. Havre, men.
150
8,0
22,263 4,330 11,049 2,253
....
1,535 2,114
5,706
2,664
670
1,882
9,3:19
684 1,200
1,776
Sew York
New Orleans
Mobile
Charleston
Savannah
Texas
Wilmington
Bpain.OportoJbGibraltar&c
1,915
4,851
19,5.59
12,943
'373
12,791
1,950
373
40,674
29,9S7
12
10
12
All others
409
Total Spain, &c
Brand Total
6,C80
10,188
9,730
The following are the receipts of cotton at
12
431
10
8,622
297,360
240,408
New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1,75:
1
Since
Sept.
8,512
1,1:0
465
8,8*2
52.241
4,094
8,456
6.321
16,165
2,748
....
La52
2,066
935
935
Norfolk
Baltimore
Boston
8,1S4
8,184
895
600
895
1,413
1,413
707
707
Philadelphia
69,593
8,89114,197
2,439
6,835
4,761
1,565
2,748 107,0.13
Included in the above totals arc, from New York 12 bales to Gibraltar from
New Orleans, 400 bales to Rouen, 1,954 bales to Amsterdam, 1,162 bale< to
Nordkoplng, and 1,4'0 to Vera Cruz; fromCharlcston, 723 bales to Rouen and
775 bales to Qottenburg; from Savannah, 1,105 bales to Gcfle.
;
Below we give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports
AusTUALiAN, str., Pe'ers, from Mobile Feb. 9, of and for Liverpool, put into
Norfolk 31st, having on the 15th in lat. 30, Ion. 72, lost her rudder and
:
rudder-jiost.
str. (Br.), from New York at Liverpool, Feb. 17, grounded at EjrremonI,
in the Mersey, in avoiding another steamer, but iiacked oft uninjured.
STATESM4N. Str. (Br.), from New York at Liverpool, before reported, was cut
down to within 6 inches of the water line on starboard t-ow by collision
with the steamer Mexican, from Liverpool for Barbadoes. oflf the Bell
Buoy Feb. 5th; the latter put iiack to Liierpool nnd transhipped her
cargo to steamer Haytlan. Cargo reported not damaged.
JuvENTA, ship (Br.), from'Mobile for Liverpool, before reported at Key West,
remained. Feb. 16, rcpairinu and reloading.
ritooBEss- Cnptiin Guilford, of sir. Geo Shattuck, returned to Ilalifax Feb. 1
from a cruise in search of the abandoned ship Progress, from (lalvcston
for Liverpool, before repirted; he made lat. 4i:20. Ion. 59::*), where
the ship was abandoned evening of 13th. Cruised within a square of 100
miles, 50 miles frcm the supposed position where the ship was abandoned, but could find no trace of her. All oiher steamers that went out
in search of the vessel have returned without having discovered any
traces of the wreck. It is stated --hat the Progress was set on fire by the
crew before being abandoned, and she was doubtless the burning vessel seen Feb. 8th, 9Ih and 10th by steamers City ol Brouklyn. Pommcranla, and Phoenician, respectively, and as the Progress had 400 tons of
ballast iu her, the wrecit doubtless sunk.
ship, Shaw, from Mobile, which put into Falmouth Feb. 7, for
repairs, arrived at her port of destination, Bremen, on the I9th. The
Theref*e had experienced a hurricane Jan. 27th and 28th, receiving mach
damage lo trusses and other iron work aloft.
Turkestan, ship (Br.), Brown, from New York for Liverpool, went ashore at
Thekese,
HKW TOKK.
This
week.
878
Egypt,
8,.324
397
AntBarcewerp. Reval lona. Oeooa.Total.
Bre-
Liver-
1,544
397
774
particulars of these shipments, arranged in our usual form,
are as follows
Total
to
252,806
723
1,252
.
Total
The
8,087
100
tt5
S,7W
.
S
57
<9
463
1,U5
2,114
ToUl
9,599
1,410
Island
2,6«4
To Cork, for orders, per schooner Uei:. 670 Upland
»'i0
,
To Bremen, per bark John Read, 1,882 Upland
1,882
ToOelle, per bark Trnsvik, l,IO.i Upland
1,105
Texas— To Liverpool, per ship Storm King, 3.748 and 8 Sea Island. ..
per bards Yurmouth. 2,155.... Theodor, 1,000 .. Wayfarer, 2,(I2S.. 9,239
To Cork, for orders, per bark Eiuanncl, 720
per schooner Wm.
Hunlcr, 1,056
1,;76
To Havre, per bark Af;on. 884
8.S4
To Bremen, per bark Nordcap. 1,20.'!
l.isno
To Antwerp, per bark John Kills, 2,06«
2,066
Wilmington— To Liverpool, per bark Hone, 935
935
Norfolk— To Liverpool, per ship K<nburn, 4,119. . per barks Mary,
1,928. ..Kllza S. Mllllgan, 2,137
8,184
Boston—To Liverpool, per steamers Dominion, 598
Batavia, 815. ... 1,113
Baltimore— To Liverpool, per steamer Austrian, 395
305
To Bremen, per bark Johsnn, 50O..
600
Philadelphia— To Liverpool, per steamers Ohio, 239. . City of Limerick, 468
707
Same
Feb.
1,648. ...Lorn, 1,100
Hea Island
WISK KNDINS
16.
1,162
1,110
2,74*
To Rouen, per bris: Giirda. 723 Upland
To Reval, per bark Kong Oscar, 1,252 Upland
To Gottenburg. per brig Meta, 775 Upland
Savannah— To Liverpool, per bark Molilamo, 2,460 Upland and M4 Sea
from Nevr York, this week, show an
iocrease, as compared willi last week, the total reaching 8,622
bales, against 5,080 bales last week.
Below we give our usual
table sliowing the exports of cotton from New York, and their
direction, for each of the last four weeks; also tlie total exports
and direction since Sept. 1, 1875; and in the last column the total
for the same period of tlie previous year.
Bzpartso(Cottan(balea) from New York since Sept. 1, ISffi
Feb.
8,HJ
ToBarcelona. per brig Snowdrop, 4.5S
Cuaiilestom— To LiverpooL per ship Herbert Beech, 3,t30 Upland and
370 Sea Island
per bark Maty B. Chapman, i,0?J Upland and 17
eall, 6)td.
The Exports of Cotton
9.
],9M
..
Care, 1,880
6 3-lBd.
Feb.
-
,.
I,1OT
To VeraCrui!, per steamer City of Havana, 1,470
Mobile—To Cork or Falmoulh, per schooner W. L. Barrongha, t,iyn...
To Havro, per brig B. H. Steenken, 731... per schooner Fred. A.
,
%.
11,(M9
.'.••....,,.
400
l,1Ai
,
To Amnterdam. per ship Jupiter, 1,954
To Reval, per ship B. P. .Xelrjjir. 3,512
To Nordkoplng-, per b'rk Johannes Fuss,
To Barcelous. per bark Jaruco, 1,110
Low Mid. clanse, by sail, 6 li-32d.
Jan-t(!b. shipment. Uplands, Low Mid. clause, by sail, 6 5-32d.
April-May delivery. Uplands, Low Mid. clause, 6 6-3Jd.
Feb. -March shipment. Uplands, Low Mid. clause, by sail, 6 .3-16d.
March-April shipment. Uplands, Low Mid. clause, by sail, li\d.
April.May delivery, Uulands, Low Mid. clause, 6)id.
May-June delivery, Uplands, Low Mid. clause, 6 7-3M.
March-April delivery. Uplands, Low Mid. clause. 6 l-31d.
Fbiday.— April-May delivery, Uplands, Low Mid. clause, BXd.
June-July delivery. Uplands, U)w Mid. clanse, 6)<d.
March delivi ry. U,)land8, Low Mid. clause, 6d.
May-June delivery. Uplands, Low Mid clanse, 6 3-16d.
lanuary shinment from Mobile, Low Mid. clause, 6 5^2d.
March-April delivery. Uplands, 5 IS-lSd.
Jan.-Feb. shipment, Uplands, Low Mid. clause, by sail, 6H'd.
Feb.
4,SW
barks Albert, J.S.W ..Kong
To Rouen, per bark John Fougi, 40«0
To Bremen, per bark AUK'Uste. 2,1.51
January shipment Uplands,
ZPOBTID TO
22.J83
Pretldent, 8,5T7....|i«r
8,593
Cam, 1,310
May-.lune deliv(Ty. Upland.^. Low Mid. clause, ttj^d.
June-July <Mivery. Upland-, Low Mid. clause, 6 5-16d.
March-April delivery, Uplands. Low Mid. clause, 6 l-3Jd.
Feb.-March shipment, Uplands, L iw Mid. clause, by sail, ^\A.
Wkdh«bday.— Feb. -March shipment. Uplands, Low Mid. clause, b 3-16d.
Janutiry shipment, Uplands. Low Mid. clause, by sail, 6 7-32d.
March shipment. Uplands, Low Mid. clause, B><d.
March-April delivery. Uplands, Low Mid. clause. 6 3-,3M.
April-May delivery, Uplands, Low Mid. clause, 6 7-3Jd.
M:iy-.June delivery. Uplands, Low Mid. clause. 6 9-38d.
April-May delivery, Uplands, Low Mid. clause, 6 3-16<l.
Thubsday.- January sliipmen'. Uplands, by sail, 6 l-16d.
January shipment. Uplands, Low Mid. clause, by sail, 6 3-16d.
March delivery, Uplands, od.
May-June delivery. Uplands,
1,8fi«....8t. Patrick. 2,180
To Corif, per hark V'anguard, 4,320
To Havre, per ships John Watt,
Low Mid. clanao, 6 l-16d.
Low Mlil. clause, by sail, 6 3 16d.
Feb.-Mnrch Uplands shipment. Low Mid. clause, by sail, 6Md.
March-April UplandH chipiuent. Low Mid. clause, by sail, 6 5-lOd,
May-Juni! Uplands delivery. Low Mid. clause, 8 9-3W.
June-July Uplands delivery, L«w Mid. clause, 6 11.32d.
Monday.— January Hhiiimint from Mobile, Low Mid. clause, by sail, 6Jlid.
April-May delivery, Uplands, Low Mid. clause, 6 7-.SSd.
May-Iune delivery. Upands, Low Mid. clause, 6 5 16d.
June..July delivery. Uplands. Low Mid. clause, ^%A.
•lamiary sblpnienl, Uplands. Low Mid. clause, by sail, 6 7-SSd.
Jan.-yel). shipment. Uplands, Low Mid. clause, by sail, 6 3-16d.
March-April delivery. Uplands, Low Mid. clause, 6>id.
Jan. -Feb. shipment. Uplands, Low Mid. clanse, by tail, 6>^d,
May-Juu(! delivery, Upland-, Low Mid. clause. 6 9-.3-d.
June-July di livery. Uplands, Low Mid. clause, 6 l!-')2d.
ilellvery,
Jan. -Feb. Uplands shipmuni,
New
213
1,801.... fiunhilda
Saturday.— Feb. Uplande
:
,
1.
BO8IOH.
PHUJLDELF'IA
BALTiaOBB.
This Since This Since This Since
week. Septl. weelt. Septl. weeli. Sept-l
Madoc (Wales), Feb. 18. The crew landed, but the officers remained on board. A tug and lifeboat were in attendance. The ship
remained fast aground on the 21st though In a somewhat sheltered
position, was being Lghtened, and will probably come off. Tl.e captain
and his ofllcers were still on board.
Rhone (BrJ— One hundred and sixty-eight bales damaged cargo (cotton) of
brig Rhone, from New Orleans for Bremen, were sold at Nicnwc Dlep
Port
Orleans..
2,012
l,iB7
1.260
Texas
Savannah
Mobile
Florida
8'th Carolina
N'th Carolina.
Virginia
Rorth'm Ports
88,911
52,.'ia3
69,469
"93
1,:197
6! 779
75,110
39,646
2,472
15.5,712
160
86
l',iii
!
7,26.S
292
422
8,?29
7,843
1,592
"m
12357
;
lO^SJO
l",2i6
"J6
44;68i
57,278
48,466
4
1,462
8,941
17,701
47,701
'893
23;6b6
'i06
4,232
558
801
1,490
Ac
11,120
7,010
117,200
1,500
ToUl this year
21,002
613,950
6,220 182,172
1,311
36,329
2,14J
89,128
Total last year.
16.075
:
7U,500
5,856 190,627
1.144
41,102
2,6f;2
89,.367
Tennessee,
Foreign
1,818
prior to Feb.
—
The exports of cotton from the United
States the past week, as per latest mail returns, have reached
107,033 bales.
So far as the Southern ports are concerned, these
mre the same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, we
inclade tlie manifests of all vessels cleared up to Wednesday
mght of tliis week.
y„j,, ^^,,,
Hbw York—To Liverpool, per steamers Adriatic, 1.966 . City of Paris,
9C0....Java, 486
The Queen, 1,507
Wyoming, 1,958
per
.
.
ship Paulina, 1,210
T« Havre, per steamer Amerique, 150
To Antwi'rp. per steamer A. Andre, 873
To Gibraltar,
per briK Alice, 12
Liverpool, per steamer Marina, 3,200
per shins
Cora Linn. 3.363 and 126 sacks seed cotton. ...Royal Charley,
8,050... Livingstone, 2,068.... Elwell, 4,743.... pet btrlis Sandlrk,
Hbw Orleans— To
S,0S7
160
S73
12
realizing £1.375.
Liverpool.
,
Shipping News.
5,
CuAKLKS A. Coulomb, schr., Fennimore, from Galveston for Boston, at Vineyard Haven Feb, 17, lost foresail and foregnff on the 14th, In a squall.
Cotton freights the past week have been as lolloms
Steam.
d.
Saturday.
.
..©5 16
Monday....
Tuesday. ..
Wednesday
Thursday..
Friday. ...
.
Sail.
d.
.M'<
—
—
Havre.
Steam. Sail.
.
c.
c.
..(S'-i
..
,
^—Hamburg.—.
Bremen.
Steam. Sail. Steam. Salt
c.
1
e"mP-
c.
•1-"'
c.
•
•""?•
c.
•
Washington's Birthday— Holiday
..®H
..@«
..®X
••©«
..@X
••
..@V(
..@Ji
..
..@X
•©«
..
X
X
X
•••
...
•••
!<
«
«
BRE ADSTUPPS.
Friday.
P. M.,
Febniary
25, 1876,
market has been inactive the past week, and pricoi
have rather favored buyers, ttiough no general decline can be
quoted. Common shipping extras have not met with much
Inquiry, but the better qualities, at $5 85@6 OO, with some as high
as fO 75, have been selling fairly. The wants of the local trade
have been comparatively light, but supplies are quite moderate,
The
flour
1
1
I
THE CHRONICLE.
214
iFebraaiy 26, 1876.
=3
and buyers have obtained no decided advantage. Extreme low
grades are more plenty. Rye flour and corn meal hare slightly
declined. To-day the market was very dull. Sbippers' bids were
reduced and prices generally drooping.
The wheat market opened dull, and low grades of spring
growths declined, but on Wednesday a brisk export demand
RBCBIFT8
At—
NewTork
Boston
Portland*
Montreal
Philadelphia
Baltimore
New Orleans
lc.@2r. lower.
Indian corn has
been without important variation, though
slight depression early in the week, and the speculation for the future account quite dull.
Supplies have been
more liberal at this point and at the West, but gold has advanced
and freights have declined, by means of which shippers have
been enabled to purchase more freely. New mixed, regular
inspection, sold yesterday at 64@64io. on the spot, with 63ic. bid
and 64c. asked for March delivery. Southern corn has been
showing some
market was firm
tlie
new mixed on
at 60@65c. for
the spot, and 63ic., regular inspection, for March.
Rye has been dull and nominal. Canada peas drooping and
unsettled.
Barley, at some concessions to buyers, has been more
active.
Oats have scarcely varied throughout the eek, but closed with
in the poorer qualities.
The following are closing quotations
Floub
Ubaim.
No. «
« bbl.fS 85a 4 00 Wheat—No.3 8pring,bu8b.};l 06® 11
Buperllne State & Wesi.•Jo. a sprit);
1 IS® 1 S5
em
4 25a 4 65
No. 1 spring
30® rio
Sutra State, Ac
5 0*3 5 85
Red Western
l(j@
30
Western Spring Wheal
Amber do
..
1 35© 1 47
extras
4i)0®580, White
1 40®
55
do XX and XXX
5 603 6 75 Corn-West'n mli'd,new
60® 65
dowinter wheat X and
Yellow Western, new.
64® 65
•• 6 25® 8 78
Southern new
60® 66
^, ^f
City shipping extras.. ., 5 40® 6 10 Kye
82® 88
City trade and family
Oats— Mixed
44® 49
brands
6 859 8 00]
White
48® 6-2
Southern bakers' and faBarley— Canada West... 1 00® 1 25
milyDrands
7 OC® 8 75
State, 2-rowed
75® 90
Bonthernflhipp'g extras.. 5 50,^ 6 75
State. 4rowed
Rye flour, superfine
4 65® 4 90 tiarlov Ma;t— State
...
95a 1 25
tJornmeal— Western, Ac. 2 7.j® 3 16
Canadian
1 2,';® 1 40
Corn meal— Br'wine. Ac. 3 103 3 50 Poas-Canads.bond&free 1 003 1 2il
>
some depresnon exhibited
:
FEB.
Flonr,
Wheat,
bbls.
48,894
14,789
10,509
5,200
15,630
18,369
bnsh.
97,112
^,000
90,000
52,895
74,200
13,980
19, 1876.
Com,
Baney,
Oats,
bush.
bash,
826,059
101,408
8,000
180.607
51,400
5,000
1,400
hnsh.
Rye,
bush.
41,051
1,325
9,M0
800
6,600
47,600
800
10,170
48,180
....
....
270,600
581,900
34,278
7.5,800
8,:i05
120.B97
182,850
112,466
TotalJau. 1 to date. 1,248,870
Same time 1875
1,116,866
Same time 1874
1,681.749
Same time 1873
958,471
330,107
263,648
1,282,845
1,138,380
.388,057
.326,245
82!5,«94
2,393,081
2,087,948
9,596.832
8,223.268
6.181,122
3,000,208
104,660
76,000
17,807
673,460
246,637
394,247
2S5,4.53
^563,653
16,780
Total
Previous week
Cor.
*
To day
FLOUR AMD OBAIN AT BRABOABD FOBTB FOR TBI
WEEK ENDED
sprung up for the finer qualities of reds, with a considerable business at $1 44 for amber winter iu store, $1 34@tl 86 for No. 1
spring in store and afloat, $1 34 for new, and $1 29 for old No. 2
Milwaukee in store, |l 23 for old No. 2 Chicago in store. There
was also a better business in low grades, mainly Nn. 3 Cliicago at
$1 06@fl 08 in store and afloat. Yesterday the demand was
good, with prices rather firmer. To day the market was dull and
scarce.
OB*
week
'76
6,8.36,lso
1,313,060
831,090
178,627
1,780,143
1,869,5.54
2,524,917
2,363,378
1
5001
8,625
1,735
1,950
1
43,3981
27,9201
j
Estimated.
The Visible Supply of Grain, comprising the stock In-j
granary at tl.o principal points of accumulation at lake and
seaboard ports, in transit by rail, and frozen in on the New York
canals and on the lakes, Feb. 19, 1876
Kye.l
Wheat,
Barley,
Com,
Oats,
:
bnsh.
store at New Tork
store at Albany
store at Buflalo
store at Chicago
Iu store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
Id 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 rhllailel|>hin
In store at Baltimore
Rail shipments week
On lakes and canals
Afloat at New York
In
In
In
In
bush.
bnsh.
414,594
10,000
1.31.!,060
2S,%7
3,036,926
3,869,997
78,662
1,576,429
30,250
806,940
75,000
86,011
617,429
118,253
496,5.36
278,975
24.3,630
169,173
175,000
427.988
14,514
15,146
40,000
594.019
89,717
859
44,0.36
66.549
20,000
124,185
95,466
215,128
6,040
16,951
195,000
58.000
227,166
180,000
4,939.016
7,900
866,0(10
115,202
446.129
178,098
bush.
90,7501
30,000|
18,7711
143.5771
20,551J
..
662,563
1500
284,1.60
:i6,415
48,742
400,000
762,463
310,967
8.53,846
6.55,554
120,000
360,030
bush.
493,651
38,757
34,644
5,000
r9,t69
13,874
41.326
205,134
7,542
4,000
19,8071
67,4631
3521
1,2161
26,000
5,000
5,0001
66..599
22,9e(r
2,.30»|
50,000
150.000
350,000
....
....
',.17,0^9,460
17,281,151
12,201,784
5,378,924
2,249,525
4,87.).823
3,(V14,818
3,187,.502
6,661,716
2,181,445
1,849,696
.
1
1
1
1
]
Total
Feb. 18, 1876
Fcb.80, 1875
*
2,2.57,893
426,6871
422,46
158,r'
Estimated.
I
|
I
THE DRY aOOD3 TRADE.
Fbiday, p. M., Feb.
I
I
|
I
|
i
.
|
The movement
lows
in
breadstutls at this
market has been as
fol-
:
—BBOBIPTS AT
.—
1876.
.
For the
week.
Flonr, bble.
0. meal, " .
42,686
3,613
76,460
249,962
Wheat, bus.
Corn,
Rye,
**
.
"
73,580
103,154
.
.
.
^
686,137
438,082
2!i,0-)4
31,8f,l
1,558,:S81
900,209
3,907.485
6.300
840,531
889,094
154,313
21,098
&18..361
869,454
NEW
EXPORTS FROM
1876.
Since
Since
For the
Jan. !. Jan. 1, '75 week.
2,
.
Barley. "
Oats ..."
HEW TOBK.
25,744
2,392
296,770
184,07«
,
.
YORK.
.
1875.
For the
week.
Since
Jan. 1.
Since
,Ian. 1.
800,.564
25,409
22,616
3,131
265,632
21,447
2,.360,n62
330,('.81
1,88.3,515
2,093,111
15,387
208,594
300
2,289,727
800
45,693
4,128
16,873
911
3,966
The following tables show tlie Grain lu sight and the movement of BreadstufFs to the latest mail dates:
RBCRIPTS \T LAKE A.ND RLVEU I'OBTS KOR THE WBBK KNDING
FEB 19, 1876, AND PROM AUGUST 1, 1H75, TO FEB. 19, 1876:
Wheat,
bush
Flour,
bbs.
At—
Chicago.
.
Milwaukee
.
Toledo
Detroit
CloTeland
St.
Louis
Peoria
Corn,
bush.
(196 lbs.)
(60 lbs.)
(56 Ibe.)
26,<il7
800,031
257,613
3H,766
37,187
13,350
61,491
17,600
418,165
19,790
68,683
8,661
,.577
614 210
!,418
634, ,823
426:,304
1,037,975
1,851,403
34,108
300
5,111
2,169*
21,751
1,520
ll>,450
426,583
85,700
Oats,
bush.
lbs )
104,860
16,095
7,844
16,410
6,050
77,158
65,800
(.3-2
Barley,
bush.
77,044
88,991
6,795
2,230
18,592
1,700
19,239
24,460
4,353
3,580
Dulcth
Total
Previous week
Oorresp'ng week, '76.
"
'74.
Same time
Same time
Same time
',764
'73.
,371
1,306,,443
626, ,492
'i2
603
807, 360
6!J,,611
.304,1875
'71.
Total Aug.
,861
to date
1874-5..
1873-4...
1872-3.
1
2,812,1,482
3,104 ,078
3,846, 379
3,015; 086
."194,851
563.934
1,060,.507
953,886
507,320
291,21;
421,264
2(1,606
386,K66
477,161
219,817
242,656
43,999, 276 86,795,698 16,319,809
40.06-J, 788 25,115,434 13.(-37,705
54,761, 37 32,009,1169 16.217,053
33,819, 702 34,324,073 14,475,220
Rye,
bush.
(48 lbs.) (56 lbs.)
180,016
179.357
44,637
lf>9,138
134,9 8
10,813
48,536
'714
l,.30;i
13,973
37,928
24,620
40,798
37,244
80,165
21,169
5,795,389 1,437,494
4,915,8''7
8S2.349
6.a37,.57n 1,344,053
7,314,867 1,2811,034
Estimited.
SHrPMENTS OF Flouk AND GRAIN from the
ports of Chicago,
Milwaukee, Toledo, Detroit, Clevwiand, St. Louis, Peoria and
Duluth for the week ended Feb. 19, and from Jan. 1 to Feb. 19,
inclusive, for four years
:
Flour,
Week—
Feb.
Feb.
19,
12,
Cor.
Cor.
Cor.
Cor.
Cor.
week '76
week '74
week '73
week '72
week '71
.T,.;i.
1
1878
1876
o rob,13,187(i.
Same time
8«me time
Same time
1875
1874
1873
bbls.
97.9S9
Wh-at,
bush.
84,4.i4
310,967
275,793
69,220
2.38,3.'!9
118,2.37
708,7(10
69,717
70,616
142,018
49,047
47,046
.57,612
719,930
566,684
378,550
589,220
;,969,227
1,707,776
6,648,098
Corn,
bush.
Gats,
bush.
853,846
561,722
331,865
170,659
249,112
497.673
259,219
227,166
189,693
152,919
110,054
102,707
105,480
61,654
4,865,878
1,181,394
1,171,878
1,258,919
1,296,651
3,124,.556
1,668.325
1,893,448
Barley,
bush.
66,599
59,687
45,4.i3
86,206
55,180
60,914
11,104
451,138
374,373
666,833
479,062
Rye,
bush.
22,900
11,927
IJ.Uff
20,106
7,870
^,750
2,120
]0,i,487
111,408
110,669
56,353
36, 1876.
There has been a spasmodic movement in the market thigl
week, but the aggregate business was comparatively light, owing I
partly to the interruption caused by the observance of Washing-;
ton's birthday as a holiday.
Jobbers from the South, Northwestl
and Southwest bought a fair quantity of goods, but Western
merchants were lees liberal in their purchases than is usual at)
this season, and the local and near-by trade operated lightlyj
foreign goods continued inactive in importers' hands, although
there was an increased inquiry for a few specialties, and th^
auction sales of the week were not of special importance. Tht
jobbing trade was generally dull, but houses doing a businesi
with distant parts of tbe South and West reported a slightlyl
increased distribution of staple and fancy goods. Prices of nearly!
all descriptions of domestic goods are nominally unchanged, buti
extra inducements were in some cases offered by holders of large f
stocks of merchandise, who have become restive under their I
accumulations
The sharp competition which has lately existed!
among domestic silk manufactures has culminated in the suspen-l
sion of Messrs. B. B. Tilt & Son and S. H. Pearce & Co.—the!
former a large manufacturing concern and the latter a converting |
and jobbing-house.
Domestic Cotton Goods. There was a steady, but by noj
means active, demand for staple cotton goods the supply ofl
which has lately accumulated in first bauds and on the whole
The
prices were fairly sustained by manufacturers' agents.
exports of domestic cottons for the week amounted to 800 packBrown
ages, of which 583 packages were sent to Liverpool.
sheetings and drills were iu fair request and steady, and bleached
cottons were in moderate demand by the home and Canadian
Denims, tickings and cheviots w. re a trifle more active,
trade.
and tbe latter were distributed in considerable amounts to the
Western trade, t'ottonades of the best makes were fairly active,
but low grades continued dull and weak. Cor.set jeans and
satteens were in steady request and firm. Glazod cambrics were
rather more active, but rolled jacconels and Silesias moved slowly.
Grain bugs were quiet, but tliere was more inquiry for carpet
warps, yarns and twines. Print cloths remained dull and almos'
nominal at 4c. cash to 4Jc. 60 days, for extra standard 64x64
makes. Fancy and shirting prints moved slowly and the supply
has lately gained upon the demand. Percales and cambrics were
relatively more active than any other description of printed
fabrics, and were taken in fair parcels by shirt manufacturers and
the trade. Cotton dress goods met with liberal sales, and the
brisk demand for these fabrics has somewhat lessened the distribution of ginghams, which moved slowly. Cotton hosiery con-
—
—
—
.
.
THE OHRONICLR
February 26, lb76,]
tinued
ac'.ive,
and many leading makes ot hole and
liairiioae are
gold up to receipts.
—
Domestic Woolen Goods. There h»H betm an irregular
movement in woolen goods for men's wear. Tlie better <iualitieB
of casBimeres and worsted coatings were fairly ictive, but low
grades were almost neglected, owing probably to tim heavy
Investments made by clothiers some time since. Plain and fancy
overcoating's were ordered in fair
demand was
amounts by clothiers,
215
azporiii or ijeBdluK Articles frvm New Vork.
table, compiled from Custom lluuse returns,
shows (he exports of leading articles from the port ot New
York since Jan. 1, 1876, to ail the principal foreign coantriea,
and also the totals for the last week, and since Jan. 1. The
last two Hoes show totat ea^uex, including the value of all other
articles besides those mentioned in the table.
The following
SI?"
for future
than in former seasons
at this time.
Cloths and doeskins were a shade more aclive, but
liow grade satinets for
selections were individually small.
delivery, but the
less active
and there was a limited
Jeans have been
placed in moderate amounts, and the more popular makes of
tweeds received some attention from the trade. Sales of flannels
were restricted to small lots of all-wool white flannels and
dometts, and were unimportant in the aggregate amount. Carpets
were in limited demand, and a reduction of 10c. per yard was
made on the Brussels and Wilton makes of the Lowell Company
and the Bigelow Carpet Compaoy. Worsted dress goods were in
good demand, and an increased movement in worsted shawls
was observed.
Foreign Drt Goods. Apart from dress fabrics and a few
descriptions of housekeeping linens, foreign goods have moved
slowly. Cashmeres, alpacas, pure mohairs, and drap d'ete were
in steady demand, and plaid and striped fancy fabrics, de beges,
mohairs, chaiubrays, &c., met with fair sales. Dress silks were
in moderate request, and ribbons and millinery silks met with a
fair distribution through the auction rooms.
Damasks, towolings, table cloths, and dress linens were more active, but shirting
linens and handkerchiefs moved slowly. Hamburg embroideries
were largely sold at auction, but were quiet in private hands.
Woolen goods for men's wfcar continued dull, and there was not
much animation in Italian cloths or satin de chenes. Kid gloves,
hosiery, and trimmings were in improved request.
printing purposes were
fair request,
in
inquiry for mixtures of the better qualities.
3 .-^52?
i
—
.
1874
Pkes.
M^unfacturee of wool ....
do
do
do
HieccUauBDiiB
167
cotton.. 1,609
silk
751
Sax
I,a08
dry goods 11,470
Total
1875
.
Value.
Pkes.
$566,958
1
•
:
M oi
« u
3
|«
-?»"•
K
506,876
547.701
327.323
225,674
leiB
.
PkL'S
,
Value.
BU
$iS7,f>7t
1,B5)6
fi(i4,04ti
846
8S(i,6-3«
1,088
G7S,mi
6S4
367,90«
953
462.804
281,559
1,323
lli.3,869
\,8m
130,50.3
1,801
16,205 t«,174,5:j2
,
Value.
6,740 1:2,629,049
•
:S2
•
!
:
'
:
I
StS9
88
g
.!g
:
;
;
.Sg2
i
-S :|
•
:
-g
i
:
jSSSS
ill
:
""""-
'
-OSS-'"
'
'S
:
M
i§g
:
«
»^
o?
iO
— -r
Q r-
:Ǥ! il
;i
ffi
'.ff
fl«
|§
s;
W^
'of -ri
II
"
•*'*
"SB
S
:
t7S7,849
•«
-
•
•
I
31, 16'.6:
1.50.3
•cnoo
OD
-
-
:§§:::
CO*
• a a- to
:
,
.Q -^
,
-
Impurtallous of Dry Coodn.
The importations of dry goods at this port (or the week ending
Feb. 34, 187G, and the corresponding weeks of 1875 and 1874
have been as follows
NTBBltD rOB. OOSSanmOK fob TBE WKBK KNDlNe FEBBDARY
:igiiSiSgsS§sii5k-SfiflSii5iS?lii5
^
i-»
o
.M
S r-
.
.
.r»
.OT
SS
livi
.
'
s
S
S5
g
»'io'
»'
•
•
:
11
:
:=
iS^
i=gi
i
II
!
-;
.....
5,040 $1,2(6,488
'S^-;
.
«g
WlTBDSAVrN PROM WARBHOUBK ANO THKOWN IKTO THB HAURKT DOKINO THB
HAMB PKRIOD:
ManaTactares Of wool
»855,7S5
769
479
$205,899
606
|;201,887
do
cotton..
528
151,898
386
111,007
480
122,452
do
silk
203
182,908
93
95.459
129
142,.311
do
Bax
lO'i.OTO
1,242
617
135,6(9
625
132,995
Miacetlaiieous dry goods. 1,128
23.532
683
23,939
1,145
52,136
$914,193
2.258
6,140
$571,983
2,785
5.010
t65!,!81
1,2««,488
thrownaponm'k'l. 20,075 $8,088,725
8,998 $3,201,032
7,835
BNTBRBU POK WABBHOUSlNfl DOBINn SAMB PEBfOOt
$1,877,669
Total
&
id
3,870
16,205
ent'dforconsompt^D
Total
Miiinracturesof wool....
do
do
ao
|4t2.8<l
190,026
110,149
267,669
34,527
993
cotton.,
697
silk
119
aax.,., 1,002
Ill«(-*9ilane<m8 dry goodr. 1,257
loUl
i'lileat'df-
P
>t,ni
ronsumiit
2,n4..532
4,068 $1,01.5,312
2.174,532
ril6.205
entered si the port
795
627
122
$309,934
431
119
98,258
45,634
178.ln:i
13.5,849
663
604
117
73J
5,165
$767,768
7,281
$730,400
40
8,629,049
5,040
1,226,488
8,824 $3,.396.617
-« .o
sgK
•
:
:
:S
12,321 $1,956,888
Receipts of Domestic Produce.
iS
Tlie receipts of domestic produce since Jan. 1, 1876,
time in 1875, have been as follows
:8
$247,121
170,241
8r,980
178,053
47,005
2,084
6,-:
20,2-;3 $3,219,744
2,629,049
and
i
S:
:i
:»
•
:
:2
•* "5
^ t" to »o
-w
§
-M
iZ
32
:
:S
J
.^SS*"*
!^ 50©
foi the
:
Ashes
pkge.
BrradstulTs—
Flour
Wheat
bbls.
....bush.
Oorn
Oats
Rye
Same
Since
Same
time 1875
Jan.1,'76.
time 1875
pkgs.
89,401
438,032 lOil, lard....
900,509 PcHnnts. .. ..bags.
3,907,186 ProvisionsButter ... pkgs.
839,094
612
36,077
1,057
10,234
931
1,019
586, 1.?1,.5.58,3S1
2,151,383
W)9,4.54
Pitch..
Oilcake....
Cheese
Outmeats
Barley and malt.
Urass sood.baKs.
8K..361
210,5^11
•38.112
27,696
Beans
bbls.
Peas
bu-th.
C. meal ...bbls.
Cotton
hales.
;m,514
10,471
Bggs ...
Pork...
.38,780
Heef.
Uath>T.
bales.
No.
.
bElcs.
BidcB,
Molasses
lihrls.
Molasses.,
bbls.
Naval Stores—
Cr. tarp. .bbls.
Spirits tnrpen...
Rosia
Tar
.357.996
^9,0.^4
,
709,1 1!)0
"
..
6 474
43,35(1
1,810
.
.kegs.
.pkgs.
.
.hhds.
.pkgs.
.
Tobacco... .hhrts.
Whiskey.
Wool
91.339
106.608
70,131
40,974
19.140
84,010
3:i^,
9,287
.3,379
Wugar
651
6,779
67,991
S.452
14,980
14'l.412
,39.091
.bbls
n,9«3 Tallow...
Tobacco
255
.
Lard
31.85!
Lard
137,303
110 Kice
367,992 Starch
3.825 Htearlne..
491,176 Sugar
176,886
281
579,472
20,706
32,780
.
•
6,.300
.
•
'
•moo
•
:
:
:5s
:
««»ft*^
:
coco
,7
.
21.0<»-i
U''nip
dldi-"
llxps
•©
:S
Since
Jan.1,'76.
..bbls.
.bales.
;Dressed Hogs. .No.
s:
6,862
7,013
34,712
9,255
21,418
9,541
26,27.3
'Ei
136,518
23,386
100,2;;0
24,1.52
48..373
7,910
103.148
1,480
2,545
3S,38I
3,991
12,106
5.878
i.!(64
21,691
3,2S4
31.9?8
4,907
41,324
-~&
^•o
« a !a
:3 o d
a •a«,a
^ji «ai»«aDa]aD*aD<D^B]a>aiSasaoaia«a*
gg
Is
St5
:
——
THE CHRONICLR
216
OENBBAI.
fl Jb.
BUILDING MATBUIALS/•••
Ji!;°f<>V-;
rhii»aeipiii«
tM-Aux
a M
a m
110 « 150
W A
i5 a
i»/n«— Ilackland. rommon
Bocklutid, HnUhlUK
Xu>n»er— Southern |iine..«l
White pine box boards
Wbbl.
'*
M loet.
00
00
00
00
16 00
Oakatd
ash
UlacKiralnut
Bpruce boards ft planks
Hemlock boards A planks
ira(i«— '.OaWd.ooni.fcn & sh.V keg
Clinch, 1)4 to Sin. « longer
(dflne
Outsplkes.allslzes
JTilnw— l..|.,wh.Ani,pare.lnoll 5R »
Lead,wh.,Amer., pure dry
Zinc, wh.,Amcr. dry. No. 1
Zlnc.wh.. Amor.,No.l,ln oil
Farlawhlte.Eng, prime eold«>1000>
BDTTKR-cWholesaie Prices)—
iiiilf arkilis(Kast'n> com tosel.V
"
HaltflrklnsCWest'n)
(j
'•
Western.good
"
18
16
a
a
a
^ n.
1?^
a
'^
i8xa
"
"
"
"
"
"
"
....a
\H>Ai
i9k
18X
K'A
IJH
liH*
17)4
15
16
17
<
a
a
a
18
ISM
y
n.
....a
30
31
a
31
ax
COTTON— 6ee special report.
DR1JQ8 * DYB8—
^
Argols, crude
gold.
'•
Argols,reflned
••
Arsenic, powdered
Bicarb. soda, Newcastle.?! 100 lb "
"
Blchro. potash....
»)ib
Bleaching powder
%* 1^0 lb. cur.
Brimstone, crude, per ton
gold.
Brimstone, Am. roll
fift.
Camphor
'i%9
lb.
16
28
i
1
refined
Caustic soda
V
Clilorate potash
Uochlneal, Honduras
Cochineal, Mexican
n
••
IRIb
••
I'M
9
10
•
*
Plg,Amerlcau,No.l
Pig, American. t.o.'i
Pig, American, Forge
Pig. SCOtCb
9
13
9
ton. 23
0(1
00
20 00
29 30
'il
gold,
..
-cur.
1
••
17
cur.
Spanish, solid., .gold
••
a
19
(in bond), gold.
Prusslate potash, yellow. Am. .cur.
Quicksilver
gold.
(inlnlne
cur.
'•
Khnbarb, China, good to nr
Sal soda, Newcastle..^ UH) lb, >?old
Shell Lac
!i.
a
Soda ash, ord. to good. ^ lUO lb. gold
Sngar of lead, white
JIB.
Vitriol, blue, common
^SH—
* b
Baisln8,Seeaiess.ncw,per 501b. frail
do Layer, new
4o Loose Muscatel, new
do Sultana, new
perlb.
lo Valencia, new
Currants, new
Citron, Leghorn, new
Prunes, Turkish
do
French, new
new
FIgs.new
Oaies.
box
case
cur.
qr hox
Macaroni, Italian
'•
DotneMic Dried—
Apples, South, sliced, 1875 ttrop.^
do
Tenn., quarters
do
Siate, sliced
do
do quarters
*1o
Western, quarters
a
2(1
(^
'
38
28
30
8
15
I
Mi^
70
2 25
1 75
(3
45
12X
..
IS
95
18
12X
5
a
'8H
Pncea.
.Store
75
00
mi
00
uo
15
a 5 75
a 2S oc
a 20 00
a n 00
@
..
a
a
a
6 00
2 53
3 15
lO'wa
ioji
52Ma
2
2 85
Ilka
7
'^
21
it
^
^
IlKa
a
il
(^
UMa
21
lb
Western
do Ga. goo 1 and prlmt^
unpared, halves and qrs
do
do
Blackberries , new
new
Plums.,.,
k
l.i
12H
14
11
SM
3? 50
5H
10j<a
S)^@
@
a
8Va
a
14
10
9
15
00
22
ii"
lox
8)4
-9)i
....
a
16
lOK^
n><a
12M
27
21
a
a
a
28
22
20
Ainerlcau undressed
Russia, clean
1
Cuba, centrifugal and mixed. W
Cuba.clayed
Cuba, Mus., refining grades..
do
do grocery grades.
y
ton. 190 70 a2(3
.135 00 ai40
gold. 220 00 a 225
• 360 00 a2;5
"
yib
7 a
Sisal..
3Ka
00
00
00
00
7^
7 00
6 50
37S»
22
26
31
26
31
ral.
22
"
"
"
"
'28
30
30
38
35
40
48
"
"
"
V
Tar, Washington
Tar, Wilmington
bbl. 2
wlndowglass
O AK UM— navy
OIL CAKE—
a
29
82
O
26
r2X *
"
to best quality.
2 00
95
Ik.gold.
cur.
'
cur.
3 50
7 00
bag
Western
gold
a
a
a
a
A
a
7Xa
w»
. .
6"
2 10
1 75
Cottoo seed, crude
gall
Olive, in caskB
Linseed, casks and bbls
Menhaden, prime L. [. Sound
Neatsloot
Whale, bleached winter
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter
V
1
•*
"
"
"
1
"
"
1
1
85
5 50
S (0
9*
* '*gil.
"
"
Pork, mess
Pork, extra prime
»
Pork, prime mess
nominal.
18 25
81 50
Bed, plain mess, new
Beef, extra;mesB. "
Hams. smoked
"
"
a
a
25 00
1*
*
»....
Lar.i, City steam,..
».
i2%»
"
15
a
13;<9
•'
II
13
50
00
BICECarollna, fair to choice
Louisiana, good to prime
Rangoon,
Patna
in
bond
gold.
....W
6%^
ft.
"
V>
lOO
ej^a
lb.
2 45
7)4®
*> ft.
SALT-
fi
St.Martln's
LIvarnooi.virisiu sorts
fi
8ALTPETKK—
Crude
NItratesoda
a
a
bash
sank.
»»
perlOOlb.
gold
"
*
bush.
a
I
30
a
7H
6v
2 SO
7X
13K
2 87)4
;3Ha
13X
5K
8KEDClover, Weatern
Timothy
Hemp. foreign
PUx, rough
Vlb.
Linseed Caloatt«VS6i>gala(tlu«)
160
a
a
a
a
7)4
fk
ie\
10V
lOX
11
9*
9S
!>*
sx
9X
9X
9 E~16,^
9Xa
27
a
a
a
a
a
a
9 ®
90 ®
28 a
40 a
a
10 a
75
29
37
fair
1
30
3i
53
23
2
33
1
•,5
1
a
a
55
85
28
36
a
a
a
a
a
a
a
a
',9
S
45
60
28
117
Sup'rtofine
,.
37xa
-.5
*»
heavy
8»
52
70
05
32
50
75
18X
'"X
®
to
7 to
7
7X«
<
16
9)4«
••
20
6
16
to
11
19
rt>
43
42
^5
36
27
2
Extra, pulled
No.l, I'ulled
a
a
a
a
a
4^
8
25
1
a
a
a
a
®
a
a
a
19 a
IS a
....a
a
^7 m
27 a
California. Spring ClipSuperior, unwashed
26
26
Medium
Coarse
••
Burry
South Am. Merlnr, unwashed
Cape Good Hope, unwashed
Texas, fine
Texas, medium
»
37
54
74
...•a
7
6
_
."-..
Seed leaf— New Eng. wrappej;8'73...
•
(lllerf.^a
do
FennByivania assorted lots. '73
Havana, com. to fine
leaf.
'211
IS
75
21
26
Kx.finetofinest
lues,
15
5
52
Nomlnnl.
31
.
ZINC—
10
20
42
18
'0
(5
44
82
S'!
12
22
'20
:<5
•
17
geld.
ffli
^- BTEA M.
To LrvBBPOOL;
* a.
* bbl.
Cotton
Flour
2 75
1 S3
165
186
OU
*
tun.
Corn.b'lkAbgs. *
Wheat, biilk* bags..
» tee.
Beef
S. d.
30
50
»bbl.
a
«.
a37
3
6
a....
2 6
21 3
35
7xa.--.
6
4
d.
\
3
7
7
4
3
9
BAIL.
.
.
fi,
S.
...3
3
lin.
Fork
61*
» ». gold, net
Sheet
FREIGHTS-
beavy goods, .vton.
2 50
7K
fX
a
9M®
9 a
S6
Smyrna. unwashed
SO
2 50
a
Sxa
7X
SX
a
a
'25
....a
2 73
irji
..
Choicest
American X X
American. Nos. I A
American, Combing
'
1(1
a
a
9xa
cut.lfft
WOOL-
12^
15^
WJj
8V
»«
w%»
Manufac'd.ln bond, black work
"
" bright work
« 23 90
® 18 50
f»2iW
8
lOX®
loxa
K'Xa
,
20.S
7«
7).a
„,., »»
gold.*!*
'•
9
7X®
CKa
6^a
Cong.. Com. to fair
Kentucky
l-X
6!«:a
7
Sup.tofine
do
do
Kx flnetoilnesi
do
do
Dncolored Japan Com to lair
Sup'rtofine
do
Ex.finetofinest
do
Oolong, Common to talr«««,
do Superior tofine
do Ex flneto finest
do Choicest
A
7*
7«
a
9
7
s
Choicest
,
'•X
8xa
9 a
9va
A
English refined
8X
»
7xa
't\»
8 a
8Ka
..
.V ».
TOBACCO-
12 50
"
Bepf hams, Western. .nominal
Bacon, Cliy louE clear
white
Plates. l.C.charcoal
Plates, char, terne
10
••
.^
,...
Straits
U'A'a
"
Nos.7@»
do 10®12
do 1S®15
do 16®18
do IHSJO
Banca
70
60
90
06
bbl. 22 55
16
9
10
6
do
do
tSKa
'»
a
7X
8.
TIN-
PETROLEOMCrude, In bulk
Oases
Refined, standard white
Naphtha, City, bbls
lOH
9)4®
Imperial. Com. to fair
Sun. to fine
r.o
Extrafinetoflnest.........
ilo
HyBon Skin.* Twan.coin. 10 fair.
75
*'
14
10)4 H.
...
Sup.tofine
do
do Ex. fine to finest
do Choicest
1
I
a
Mclado
Uav'a. Box,D.
do
do
do
do
do
do
<in
do
do
do
do
67K
60
50
20
6sa
»
4
Gunpowder, com to
S3
44
83
16
i4H,»
Young Hyson. Com. to fair
Super. to flue
do
Bx.nneto finCBt
do
2 10
'25
2 18
6)4a
Uysou Common to fair
do Superior to Are
do Extra fine to finest
-25
1
a '25
a
®
''"
1
*
Souc.
52
20
„
,„
Prime City,
Western
if>VA
.58
*'
,
xu^
—
gal.
••
00
15 00
I"
» «^
6)4
cur. 42 50
OILS-
a
a
a
a
titore Prices.
T ALLOW
2 25
1
«t
50
63
45
2 13
"
7 75
7 75
gold.— --.
3
3
8
3
'
15H
a
7 60
7 50
gal
42)4
C4
.
off
di.
do
White extra C
do
Yellow
Other Yellow
36S4a
1
1(0
a
15
•
1 lu
13)4a
40
'.00
8)4
a
a
108
do grannlfttea
do cut loat
Soft white, A.stanaaro centrlt...
40
45
50
60
•i
n
iii»
Hard.powderei
31
32
40
••*
lOY
a
Cuba.inl.to com. rellr'"g ..,.v ft.
do falrtofcood refining. .. "
"
do prime, refining
do Fair to good grocery...... '•
do ccntr.hhdB. A bxs, Nos. 8®13
MolaSBes, bhds A bxs
do
a
a
a
a
a
a
ri'ii
1014a
B«)!n«I— Hard, crushed
26
15
25
27
a
a
Pitch, citv
» gal.
Spirits turpentine
Bosln. strained to good strd.ft hlil.
" low No. 1 to good No. I '*
*•
low No. 2 to good No. 2 "
»•
low pale to extra pale.. "
Refined, pure
ruport under Cotton.
«7 00
a
22Hil
?2)4«
rough
Staughtercrop
"
Oak.
rough..:...
Tarkslsland
HUMP AND JOTE—
American dressed
®122 50
©133 50
a
a
Porto Blco,reanlng,coni. to prime,
grocery, fair to choice..
do
Brazil, bags, D. R. Noa. 9all
Java, do. D.S., Nos. 109.12
Manila, superior to ex. sup.
N O., refined to grocery grades-...
8x*
9xa
Hemlock,Buen, A're8,ta.,m.AI.Vib.
"
California, h., m. A
"
comm'n hlde,h., m. Al
PROVI810M8-
8X@
5
6
*i »>.
City,
8xa
...
14
(S
22
:o
8DGAR-
13).;
LEATHER-
»•
.'.0
1
53
I
"
Domestic
NAVAL, 8TORK8-
5
lya
!20
»I001b8, gold
Barhadocs
Demerara
Porto Rico
N,0., com. to choice new....
18
12
a
..
65 CO
MOLi&SS KS
36'
1
a
P- aches. pared
GUN"IIK8—
30
oy
25
...
Oeorge's abd Grand Bank cod, pcwt 4
Mackerel, No. 1, shore (new) pr. bbl 26
Mackerel, No. 1. Bay
18
Mackerel, No. 2. shore (new)
16
Mackerel, No. 2, Bay
16
91
a
a
»
Opium, Turkey
»>•»
Hoop
00
American cast, Tool
American cast spring
American machinery
American tierruac spring
'.:%&
Sheet, Raesla. as to assort. .gold V lb
12
4^
Sheet, single, double A trehle. com.
4Ji@
...
RaIlB,Bngllsh gold. In bond. |) ton.
car. 42 00 a 45 OO
do Amqrlcan
Texas, crop
?^
Hna
cnr.
FLAX
North River, prune
FRUIT—
a
sua
•"-
••
".Oil vitriol (66 Brimstone)
Raspberries,
Cherries
15
gold
Madder, Dutch
Madder, French
),aNutgall8,blne \leppo
hi.
22
52
45
6<V4
5?<a
"
V
46"'
35
9
Bambler
ranton Ginger
26"
4
"
tartar
L^ubebs, Bastlndla
pfiste.
77 50
82 50
Bar
Sheet
33 50
lis
English, ca8t,2d&l8t quality fftgold
"
English, 8prlng,2d A 1st quality.. "
English blister, 2cl&lstquallty.. "
English machinery
•
English German, 2d A 1st quality
cur.
American blister
Store Prices,
.
.„„o,
Bar,Swedes, ordinary sizes..)) ton. 130 00 ai40 00
Ordlnary foreign
2?'^
4
a
a
aixa
45 a
•
Cutch
Ginseng....
Glycerine, American pure
-Jalap
.Mcorlce paste, Calabria
iJ ,lcorlcc paste, Sicily
9
16 a
95 a
....6
sxa
20
65
30
4
•'
Cream
yit«.
10
Texas,
do.... cnr.
A. /.8(oct— Calcutta slaught... gold
•
Calcutta, dead greea
"
Calcutta bufl:alo
IBOJN--
LKAD-
22
32
25xa
Ca8toroll,i£.l.lnbond. V&:aI..gold.
Italian
nlanlla
'•
'*
Steel rails.*
a
a
white
STEEL—
a
Alum, lamp
Sardines,
S*rdlnn»,
...
"
do....
California,
15
"
Scroll
....a
Slnitapore
do
Brandy, foreign brands
Rum— Jam. ,4th proof
St. Croix, 3d proof
Gin
DomesticUguora—CsAh.
Alcohol (90 per ct)
,
American Ingot, Lake
•
"
••
Babla,
iret.VaiKd—Buen. Ay, selected
do.,..
Para,
a
IS
*•
00
16
"
a
a
a
a
a
a
a
a
a
a
«
a
a
a
a
a
5
do
Forelgn
Domestic
2osa
18
lo
a,
.,..a
mBH'^
8PIIUTS-
a
20
75
4
Cloves
do stems
a
19
do...,
do..,,
do.,.,
do....
Pernambuco,
Savanllla,
n
i9>4a
6 00
5 37X
5 25
8PELTER-
24
2:
20
2"K»
do...,
do....
do...
do....
as they run
do....
Maracalbo,
do....
Bahla,
Z)rySailed— Maracalbo, do,,,,
8 00
a
a
ib,gold
Whiskey
Matam. and Mex,
H
V
Mace
Nutmegs, Batavlaaud Penang
Pimento, Jamaica
73
20
12^9
do
Batavla
Ginger African
do ualcntta
475
75
50
Oassla, China LIgnea
HIDES-
California,
13
25a
uoa
oua
16
"
"
gold.
Bolts
'
VlOiili
,
Chill,
Sheathing, new (overt! ozj
Braziers' (over I60Z.)
Licorice
la 25ib kegs
Shlnp'ns
Rio Grande,
Orinoco,
%
Pepper, Batavla
HAT-
Corrlentes,
9^1^
5
10
19
.
COPPKK-
rl'lie
.'.'.!.',.*.'."'.*.'.*.*.'.'.*
4
5
SPICES-
70
70
70
44
41
44
88
.
i)rtf— Buenos Ayres,selected.Vib<old
Montevideo,
do.
38
31
27
W3
11
•'
gold.
gold
gold.
gold.
Uomingo
....
a
"
Kto, ord. car. 60daysand gold.
do
dofalr,
gold.
do
gold.
do good,
gold.
do prime, do
Java.mats and bags
gold.
Native Ceylon
Koi d
Savanllla
Costa Rica
303
-a
OOFFKK—
St.
18
1
lb
9w
^v
11X«
l>2
Anthracite (by cargo)
Liverpool gar cannel
Liverpool house cannel
Maracalbo
Laguayra
lOH
9
7
Dupont'
'..]'.
a
9
"
to prime
S 50
a
a
....a
lb.
factory, fair to good. |i
a
4 fO
5 J5
3 25
Welsh tubs
H Hi ICSK
New State
00
00
00
00
OO
00
30 00
18
21
55
4C
eo
32
87XJ 3(0
2
"
'•
a
a
a
®
@
a
a
90
is 00
45
38
75
18
(10
1»uck Sli..otlng. Ncs. 1 to 5,ln 6J^lb kegs
3
Ea^le duck shooting. Nos. to 3. In 6y^ % kegs 3
Orarge ducking. Nos. to 5. In 6 S4 lb. kegs
3
Eagle duck snooting, Noi. 1 to 3. 12>4lb kegs, 6
Duck Shootlni/, 1-08. 1 to5 gr., 12X1bB
Hazard's Kentucky rifle. In r.val lib cans
45
I'upont's rllle Vz.Flfii, FFFg.iib canB
45
Dnpont's rifle, FKg. FFFg, 6VIbs
1 45
Hazard's Kentucky rifle. FKFg, FFg, and Sea
Shoot ng Kg. fili'Ib kegs
1 45
Dupont'» rllle, FFir, FFFg. I2klb k»gs
2 62
Hazard's Ke itucky rifle, FFFg, FFg, and Sea
Shooting Kg, l-'H lb kees
j 62
Orange rifle, Fg, KKg, FFrg, lilb kegs
4 75
Hazard's Kentucky rifle, Fg, Yrg, YT¥k, 23Ib
I
©3260"
20 JO
13
Whlteplnemerchan.box boards,
Clear pine
00
00
1
«
5 SO
lb
Canton.re-reeledNo. lAUCotngoun
1
1
I
1
*
Tay8aam,No.!
300
Ameriran siiortlug. In lib oval cans
Orangeducktng, Nob. 1 toS, in lib cans
7 00
00
SO
11 00
28 HO
t,«m«ni-li..«.Mi,i»]B
tubs,
9
3;^
Tsatlee, Nos. 1 A 2
Tsatlce, re-reeled
|2 50
Klectrle. Nos. 1 to5gralii,tnl lb sq. cans
Dlainund gniin. In lib cans
Orange llghtttliig, N09. 1 to 7, in lib cans
Superti->e eai;ie6porilng,ln in oval cans
«
5
BKBADBTDFFS-Beeapeclal raport.
i'rfcArA^Uommon bard, afloat
SILK-
BLASTINe rOB BAILBOADB, Ao.
3o*A, any size grain. In 251b kegs
Saltpetre
do
do
SPORTING.
&SHBBPot
[February 26, 1876.
GUNPOWDER-
PRICES OURKENT.
Welsh
-
.
<
a
i«
lit
a
3a
3a
6
«
THE CHRONICLE
February 26, 1876.]
Commeroial Oards.
&
John Dwight
:
Oommeroial Oardi.
Co.,
&
George A. Clark
MANUPACTURBRS OF
Ooean Steamiklpi.
%i\
SUPER-CARBONATE
Direct Line to France.
_
rbe General Transatlantic Company'i
JIail Steanuhipg)
OF
SODA.
New
BITWIUC
NEW YORK AND HAVKR,
York.
No. II Old Slip,
CalllDK at
Tbe joooini; Trado ONLY Supplied
Smith, Baker & Co.,
oomniissiON itikkciiantm
33T and 389 Canal
NEW
W CORLISS,
.
vex Pine
B.
Street,
&
I»5 FRONT 8TREBT,
MP0RTBR8 AND DKALKKS
And
IN
JEWELL,HARRISON
& COMPANY.
PVRK LARD PAOKEn FOR
ALL. CLIMATES.
AND MANUKACTUHKK
OF LAUD OIL A
K8TABLISHKD 1841.
1)
LB.
Mayhew &
full
Co.,
Street,
MANDFAOTDRERS OF
OII.S— SPERU, WHALB, ELEPHANT & LARD.
CANDLES-SPERM, PATENT SPERM, PARAFFINE, ADAMANTINE, HOTEL AND
RAILROAD.
For Export and Home use.
PARAFPINE OILS, WAX AND BEESWAX.
RICE!!!
Dan Talmage's
109 Wall Street,
Sons,
New
16 roiitl Street,
New
S. C.
Orleans.
Gunpowder.
all
LOUIS DE BBBIAN,
AKent, BS Broadwajr.
kind! of
Widths and Colors always
lu stock.
CuNARD
tarNOTICR.— with the view of diminishing the
chances of collision, the steamers of this Hue takes
speclhed course tor all seasons of the year.
Ou the Outward Pasfliige from Qtieenstown to New
York or Huston, crotslng Meridian of 50 at 41 Lat^ or
nothing to the North of 4S. On the Homeward Paasage, crossing the Meridian of 50 at 4;^ Lat.. or nuthlog
to the North of
AOKNTSFOR
BETWEEN NEW YORK AND LIVERPOOL,
CALLING AT CORK HARBOR.
WasUlnston mil*,
Uurllneton Woolen
Co.,
Clilcopee yifs <'«.,
Ellertou INew IHIIU,
FROM NKW YORK.
Java
1
Wed.. Hch.39
Wed.,Mch. 8 Algeria
Wed., April 5
Wed.. Mch. 15 China
Wed., April 12
Parthia
Abyssinia .Wed., Mch. ti
And every following Wednesday and Saturday fropi
raOM NEW YOBK.
NKW YORK.
BOSTON,
15 Cuauhoit
& 45 Wurrs Strkzt.
PHILADKLPHIA,
J W. DAYTON, aSO CUKSTNOT StbkiT.
St.
Co.,
lions Konx, Slianglial, Fooclionr
Canton, China.
|
>
d^
New
York.
Steamers marked • do not carry steerage passengers.
Katkb of Passaor. --Cabin, $*), tlWI ,irul $i:li) gold,
according to accominodallou. Tlck< ts to PHrl". $15
gold, additional. Return tickets on favorable terms.
Steerage tickets to and tromall parts of Europe at
very low rates.
Through bills of lading given for Belfast, Glasgow.
Havre, Antwerp and other pans on the Continent
For freight and cabin
and fur MediterrHuean pons.
rtassage apply al the Company's ottlce, No. 4 Bowling
Irt'en; for steerage passage, at Ul Broadway, Trinity
BuildJlg.
CBAS.
RlPRKSINTBD BT
1114
dc
O.
FRANCKLYN
St.,
New
Henry Lawrence &
York.
Sons,
MANUFACTURERS OF
JUTE
dc
OR Liverpool,
(Via
TARRED
TUESDAY.
LEAVING PIER
IDAHO
No. 46
NOKTU RIVER,
Feb.
NEVADA
WISCONSIN
MONTANA
CORDAGE,
FOR EXPORT AND DOMESTIC
Qneenstown)
CARRYING THE UNITED STATES MAIL.
Steerage, $26; Intermediate, $10; Cabin, $65 to $30,
according to stute room. Steera»;<> ofllce. No. 29 Broad
way. General ofllct-H, No. 63 Wall street*
SPORTING, SHIPPING AND MINING
MANUFACTURERS' WAREHOUSE,
JOSEPH GILLOTT
Ul
HEMRY
John
)
street, Newr
dc
SONS
York.
HOK. 8oL» Abbmt
DUPONT'S GUNPOWDER MILLS
(ESTABLISHED IN 1801
Joseph
their great reputation for 75 years.
GiriON.
BI-MONTHLY 8KRVICK TO JAMAICA, HAYTI,
COLOMKlAandASPIN WALL, and to PANAMA and
S'lUTH P.\U1F1C PORTS (Via Asplnwall.)
FUst-class, full-powered. Iron screw steamers, from
Pier No. "il. North Klver.
,
For HAY II, COLOMBIA, ISTHMUS OF PANAMA,
and SOUTH PACIH JC PORTS (via Aapinwall),
March 1
ALrS
MarchlS
^TNA
For KINGSTON (.JAMAIC^) and HAYTI.
March 11
ATLAS
March aO
CLARIUBL
Superior drst-class passenger accommodation.
PIM, FOKWOOi/ * CO., AgenU,
No. 96 Wall Street.
Bachman &Sons,
KKPKKSKNTATIVBS OF
Gorham Mf'g Company.
EAOLE DITCKINO,
EAGLE RIFLE, and
DIAMOND GRAIN POWDER.
Prowldenee
Ac
Stonlngton Steamship
Company, betiween Neiv York and
Boston.
Reduction of Fare
Celebrated
in Use.
&
Atlas Mail Line.
STEEL PENS.
Manufacture the
M.
M.
WliOMlNQ
RATKS FOR PASSENGERS REDUCED.
ITSE
OANOS OF RIQQINU MADE TO OKDKR.
192 FRONT STREET NKW YORK.
Marc
as follows:
29. at 8 A.
i 7, at tt P.
March21,at8:;aiP. M.
March 28, an A. M.
April 4, at 2 P. M.
W^ILLIAKIS
POWDER.
Agent.
Co., of China,
Wall
inANILA, SISAL,
I
.
COMMISSION MERCHANTS,
OLYPHANT
I
Wed.. Mch.
•Kussia
Maratosa Victory mifs Co.
Olyphant &
HAIL, STEAMSHIPS.
China
Dupont's
The most Popular Powder
42.
E.R.Mudge,Sawyer&Co
GUNPOWDER
Have maintained
Line.
THE BIUTISH AND NORTH AMERICAN BOYAL
York.
Adger'H AVharf, CUarleston.
supply
accommoda*
steerHKC, 1'^. with Huperlor accommodation and
lacludlnK all necessaries, without extra chiirRe.
Steamers marked thus * do not carry siecraffe pai
sengors.
No. 109 Dnane Street.
YORK.
140 Front
!!!
First cabin, $120 and $110, accor^lInK to
Second cabin. $7.!. Third, $40.
Kotiirn tickets at reduced rates.
United States RnntInK Company.
&
43
F.
all
Satnrday, March 4
Ilellard
Man.
AUo, Axenti
STKAUINK.
NKW
Turner
COTTON CANVAt, FBLTINO DUCK. CAK COVKB
INO, BAGOINQ, RAVENS DUCK, SAIL TWINKS
4C. " ONTARIO" 8KAMLK88 BAUS,
"AWNINOSTRIPKS."
COFFEES AND TEAS.
PROVISION DKALKRS
LAFAyKTTR.
COTTONSAILDUCK
Co.,
a
•PKKKIKK, Uanra
Baturilsy, .March 18
LAIIUADOK. Kaiigller
Saturdny, April 1
PKICK OK PASHAUK In UOLU (liiclndInK wlnaj
Manutacturen and Uealen n
New York.
G. Arnold
atreet,
YORK.
Brinckerlioff,
Plymouth for the landinK of Passenger
The splendid veSHols on this favorite route for the
CODtineut, (heliiK iiiorn southerly than any other,)
irlll sail from Pier No. SU North River, as fallows
MILHrARD'S HELIX NEEDLES.
Vokoliaina and Hlogo, Japan.
HKPKKBUNTKD BV
E.
ONLY
Bro.
Between
Between
NEW YORK and PROVIDENCE to
NEW YORK and BOSTON to $1.
Stonington
A.80,
$.1
Line.
FOR PROVIDENCE, NEWPORT AND BOSTON.
AKKA
The elegant steamers RHODE ISLAND.
OANSKTT and biONlNOTON, leave Pier 33, N. R,
.-
SPORTING, MiJimG, SHIPPING AND BLAST
dally (except Sundays), at 4:30 P. M.
Through tickets to pjlncipiil New Enaland poinu at
RR. depots and ticket omcus. Stateliooms secured at
foot of Jay
ING POWDEK,
or all kinds anil descriptions.
For sale in all parts of tbe country.
by
offices of
F. L. Kneeland,
TO
Sterling Silver
Represented
WaU Street, NEW YORK.
AND
Fine Electro Plated Wa rt
No
8
JHAIDBN LAMB,
NBW YORK,
St.,
Westcott Kxprcss Co.
PROVIUKNC'E
anil
atSlS Broadway.
E.IIME
(dirrci).
Steamships ELKCTKA and GALATEA leave Pier
;l, N. R., foot of Park Place, dally (except inndays) at
4 P.
M.
Direct connection to Worcester and points beyond.
> leigbts via either tine Taken at lowest rates.
"
li.
D.s. BABcoCK.Prmident.
W. FUiKlKS, General Pass. Agent.
^
iSE GHBONICL£
[Februaiy 26, 1876.
SUPPLEMENT,
INVESTORS'
OF THE
COMMERCIAL AND FINANCIAL CHRONICLE.
This Supplement, i-ssued on the
the
last
Saturday of each month,
is
furnished Gratis to
all
regular subscribers of
CHRONICLE.
It contains a
complete exhibit of the Stocks and Bonds of
STATES,
CITIES,
RAILROADS,
and
OTHER COMPANIES,
presenting full details of each issue, and furnishing a hand-book of information for the use of dealers and investors.
One
of the principal features of the Supplement consists in the
REMARKS UPOW THE FINANCIAL
of each State, City, or
Company, giving the
Co'^DITION
intelligence in regard to their financial situation, resources,
latest
income, &c.
The remarks,
in
eaeh case, also embrace
^ IV
to the pages of the
CHRONICLE,
for a year or
I ]V ID
more
past,
EX
where further information has been published,
in space
m
too extended for the matter to be concentrated into the limits of the
This Supplement
is
sent to
number
regular subscribers of the
CHRONICLE,
without extra charge.
SINGLE COPIES ARE SOLD,
1%0
as only a sufficient
all
SUPPLEMENT.
is
printed to supply regular subscribers.
WIILIAM
B.
DAIfA &
JE*
CO.
tTBLlSHLEKIS
«
THE
February 26, 1876.3
PHENIX
CLIPF STREET,
Western Union Telegraph Building,
Hroidwrajr, Cor. Der Ktreet, N. Y.
Office,
&
Tin
l»3,333,493.
LEHMAN
^
Neir t'ork.
C^OTTON
Roofing
PIG TIN, RUSSIA SHEET URON,
CHARCOAL AND COMMON SilBKT IROF,
I.KAD, SHEII^T ZINC, COPPEU,
Spelter, Solder, Antlmonjr, ko.
and
Mercantile Jns. Co.,
LONDON AND BDINBUHOH.
Total
-
In
losses
of every description, for Gas, Steam, Water and
Oil; Steam and Gas Fitters' Supplies, Machinery
for Coal Gas Works, Cast Iron Water
and Gas Pipe.
by Boston contla«Ta-
were t5(li<.680 46.
Yet the Company paid these losses at sight withou
borrowing ir seiniigaelDgle dollar of permanent Investments, coullnued regular aivldends to their
stockholders, and at the end of 1873 had entirely made
np (not In this country, however), the losses of these
two conttasrations and all otherB, commencing 1874
with a surplus over $100,000 larger than ever before.
Annual Income of Fire Department alone over
tloa In ',8n
IMPROVED SUGAR MACHINERY,
OFFICE AND~WAREHOOSK
The Company organized A. D,
1809.
EZRA WHITE,
CHAS. E. WHITE,
SAM. P. BI^QDKN.
Sun
lOHH
KKNNXDT. HZHBT
V. BAKXB.
*c
CEDAR, COR. WILLIAM
41
Buy and
Co.,
Pa., for the sale of their
SO
48,702 30
&
70
«>62R.749 SO
Tl treat
!
St.,
New York,
mARINF. AND INCUMBERLAND COALS.
LAND NAVIGATION RISKS. Also,
PALL RIVER IRON W^ORKS COId'Y
against FIRE RISKS on property in the City
against
vicinity.
FALL
TO PRINTERS.
& Whitlock,
COTTON STORAGE
Richards
& 109 Morton,
623 W^aahlngton St.,
NOB. 105, 107,
and 618, 620
ic
Rate of Storage,
IS-IS.
rire Insurance Lowest Ralea.
RxFxxxnoKs.— French & Travers, No.
17 Wlllhim s*,.
& Co., No. I William St.; U.M. Waters
St.: Philip Henry, Jr.. No. I;i5 Pf«rl
Whitlock, No. 51 South st.: Cliarlea
HyllestedA Co., No. 7 Soi'lh W'lllism St.; Wtlter T.
Miller & Co., No. 5 Hanover st,; Dennis Perkins, No
117 Pearl St.; Charles A. Easton, Mo. 141 Pearl st.
Winianis, Black
Co.,56 ItrOHd
&
Adams &
St.;
BLOSS & INCHES,
AMD
Cotton Ties.
stock of
SOLE AOBNCT IN
for English, French, Spanish
and Portugue«e, which we sell in lots to suit purchasers, at low nrlct!8 for cash.
We aUo dual in all kinds of new Printing Materials
CELElfRATED
"ARROW"
MANUFAOTCBKD BT
s.
n
.
TIE,
.
swHitsoN,
80 Wall
No. 13 Chambera Street, N. Y.
St.,
H. Tileston
"^ew York.
&
Orders
in
Wheicss,
COMMISSION MERCHAN'I-N
NASHVILLE, TKNNESSEK
Futures executed at M. ¥. Cotton ExchaOtfe.
Corre-
(ccidence solicited.
HvriHKNOKS.— Third and Fonrtn National Hanlis.
and Pi
ii>rl;ior«
of
OVER
Tna Chboniols
S,000
SOLD OF
I.HGKRSOLL'8
Hit ND AND IIORSE.POWER PRESSES
Tlut}
Co.,
COTTON IUJYKH8 A COMMISSION MKIJCHANXe.
60 Stone Street, New Vork.
I
&
TS
COTTON
Special attention given to Spinners' orders.
''The American Cotton-Tie CompanyO
LIVERPOOL, ENGLAND.
Co.,
McAlister
NEW YORK rOB THE SALE
or TUX
n America, assorted
N. It— The stock and Kond Tables of the Commkr
SlaL AND KiNANOiAL CUKONIOLK, published in a »up.
planieiit to that paper, on the last Saturday of eacli
Month, and oi cupying twenty-seven pages, are set in
Druce's Nonpariel, No. U, with th
Patent Plirurcf
and Fractions.
WILLIAU WQITLOCK.
COTTON FACTORS
47 Rroad Street, Nciv York.
PRINTING TYPES
&
BIOHAKDS.
&
President.
Geo. Bruce's Son
B.
Sawyer, Wallace
Co., GENERAL COMMISSION MERCH.^N
128 Pearl Street, New York.
COTTON FACTORS COMMISSION MERCHANT
ISAAC H. WAl.Klili, Vice-President.
.lOHN P. NK^HdLS. r
We keep on hand the largest
UKifKRENCK.-KiEaT NkTioiTAL Bakx. NAaaviLt.*
Cotton.
desired,
PAULISON,
CO..
RIVE!' LINK STBAMKUS.
Losses on marine risks made payable at the bankiof
house of
Messrs.
KLKINWOBT, OOHBN * CO., London.
^
p.
KODS.
OLD COLONY STEAMROAT
rates.
JOim
AND
NAILS, BANDS, HOOPS
This Company combines the stock anil mutual
systems, parties having the option of participating in
the profits, or insuring on the stock plan at reduced
When
Naahvllle, Teaneaaee.
CAPACITY, 12,000 RALES.
RORDEN niNING COMPANY,
ToUl A 8«eU 81 St December, I874.$784,326 19
and immediate
COTTON BVYEB,
AGENTS FOR
157,576 39
other Assets
LOVBLI
L. N.
Borden & Lovell,
commissioN merchants
$,';;«, 047
d
Irvine K. Chase,
JOHN
WU. BOBDXH.
Icltt
s
NORTON SLAUUIITEK a CO
IKON an
All business relating to the Construction and Equip
(;84,3-i6 10
New Yoric
Orders to purchase Cotton In our market
ment of Railroads nnlertaken.
Orer Twenty Scyen .Millions of Dollars.
Capital stock |i«ld In.
..$.;(IO.OOU 00
nrplu* Slat Dec, 1874... 284 326 19
of
Cotton Factora,
CAIHRRIA IRON COHIPANY
JOHNSTOWN,
STEEL RAILS.
Eggleston,
vicKSRURo, miss.
Railroad Investment Securities,
of
&
Lamkin
Coupons and Dividends. Negotiate Loans
draw Bills of Exchange on London.
Agents of the
\n. Co. in the Siale of N. T.
AMOUNT OK I.tiSSK.S P.MD SINCE THK OUGANlZAT10.>< (JFTIIK COMPANY,
Insures
Will keep arcounifl with Country llauKAHnd ituukeri,
culluctions, Uftue certiflcatus of Depof>it, una
attend lo the sale aad purchase of Bouda, bu>ck«
Coin, &c.
Partlcalar att< ntton slven to tlie execution of orde
for future contraciB «ud tbe parohatte of laercbaDdUfl
lect
Oldest Marine
Prcmtnm Notes not matnrcd and
sell
8
make
Refer to Messrs.
New York.
ST.,
ani
Low-
General CommlAalon ffferclianta,
133 PKAKL STItEKT, NEW YORK.
Neiv York.
I
at
AKD
RANKERS AND inERCHANTS,
and towns
to CollectluD
BA N K K R
Co.,
J-Manaeers.
Ins.
Aitentl n given
Moody & Jemison,
JOHN S.BABNX
&
Kennedy
S.
J.
Commenced
No. 37 Wall MK-el, Neir York.
INCOKPOKATt.b MAY 221). 1841.
..
S.
one not
I
Mutual
D.S. Bonds
Cash on Deposit
Special
Prompt Remittance made on Sight Kxohauga
GOLD STREET, NEW^ YORK,
No. IS
liable fur the other.
boslness in this country A. D. 1867.
Agencies In most of the prlneipa cities
In ttie United States.
pool.
eat Kataa.
:
$4JXI0,000.
File and Life Assets entirely dlsVinct— the
4c.,
,
Orders Promptly Filled. Liberal Cash Advance* on
Consignments to this Market. New York and Liver-
WROUGHT IRON TUBES & FITTINGS
81.
& Co
coramissioN itiekchantn,
STRAND, GALVESTON. TEXAS.
IRON BOILER TIJBES,
New
PEAkL STUEKT,
Hearne
LAP-WELDED AMERICAN CHARCOAL
$27,000,000
MauaKemeut
l.'IS
COTTON FACTORS AND GENERAL
HANnrAcrruBSBB ok
by Chicago conflavra
Tile Coinpaiiy'8 actual losses
Hon la \mi vr<TC $1,-43,457
The Coiupuuy'8 actual
3,700,000
13,300,000
-
.......
GroKB Aa.etB held by Board of
York, |i!.»)U,()(llt.
Co.,
(LIMITED.)
Paeeal Iron Worka, Philadelphia,
$10,000,000 Taaker Iron 'Worka, Newoaatle, Del.,
'
&
Morris, Tasker
UNITED STATES BKANCB,
S4 William, Cor. Pine St., New York.
-
*
Kxchaage BulldUm, LlT»n>oo l.
COPPER, RRASS AND WIRE.
OF
'
Factors
New York.
NKWUASS, UOSKNHKlM *CU.,
MANDFACTURERS OP
Capital paid up • Vire Kenerve
Net Lire Aaaeta • -
'
ConniMSION mRRCHANTM,
Plates,
183
the U. S.
STEPHEN CKOWELL. President.
R. CROWELL, Secretary.
OroM
BRO'S,
AND
or ALL SIZES AND KINDS.
C'itlea in
British
« Co.
MonticomerT, A)>,
LaHaaa, Uoaa
Co.,
La.
IMP0RTBK8 AMD DBALKHB IN
INSURES COTTON AGAINST LOSS BV FIRE,
OVERLAND BY RAILROAD, and Marine by
The North
A
New OrlMuia,
I
Between John and Fnlton,
OF BROOKIiYN.
WILLIAM
Cotton
LBaHAM, AaaaaAM
PHELPS,DODGE&Cu
Insurance Company
Steamers to Europe.
Agenclei in all the Principal
vtt
Railroad Material, Ac.
Insoranoe.
ASSETS, July iTTsTS,
CHlluNICBLR
ovei
otb'^i
Uevea world wl<le renuiatloo and •superiority
others jBr baliim Ilay, Cottou, Ha^ aud mU
all
liliiils
mattrii call
uf ifrfnerlal. Kor price list and ful tnforuddri>BS the manufAclarers
on or
UKKiCNf Olinr
(City or Brooklyn),
U I.
THE CHRONICLR
Tiii
Ootton.
Ootton.
BDWABO
&
Woodward
Co.,
Orders executed at the Cotton Exchanges In K(
York and Liverpool, and advances maUe on Cotti
and other Produce consigned to them or to their lit
abroad.
ASD
No. S>
Box
(P. O.
Spaolal atteatlOD paid to the execution of orders for
the pnrchaae or sale of coatracts for future delivery
made on consign
adraacea
50 ^Tall Street, New York.
MEKCHANDISK DKPAKTMENT,
B. F.
General Commiaaion IHeretaanta,
AND
BOBKBT
New Yorlt.
made on Consignments
Liberal Advances
&
In Liverpool
No. 43
&
Bennet,
j
GENERAL
AND
131 Pearl Street,
COTTON EXCHANGE BUILDING,
Special attention paid to the execution of
W.
orders
Co,,
Co.,
GEO. W. WILLIAMS & CO
Hanover
York.
Street, NeiT
JAMRS FINLAV
LIVKKPOOL, LONDON AND GLASGOW.
FINLAV, lUUIK &
New York
Miscellaneous.
Street,
MANCHEMTER
Information
York, and Messrs. V. A.
Co., 51
OIVKN
ft
New Orleans.
ooniinissioN
and
COTTON MERCHANTS,
9T
Pearl Street,
NEW YORK.
Robb &
MANUFACTURERS OP
Loeomollvea, Stationary Steam En
and Toola,
MANCHESTER, N. H.
RLOOD, W. ». MRANS,
ARETAS
York.
conmssioN and
COTTON niERCHANTS.
KSTABLISHKD
Wm.
NEW
1841.
&
£. Rogers
YORK.
STEEL, CaARCOAL,
Peet,
No. 58 ^VALI.
COM MISSION niERCHANTS.
madb upox ootton ooxsigxkd to
Meaara. J. N.
& Co.,
LIVERPOOL.
itDVi-yKiaa
BEACH
&
R. Smith
B.
Co.,
COTTON
Advances made on Consignments.
Bills of
and
pu chases or
New
&
Liberal Cash Advances on
friends lu
Hew York,
HaTTS and Bremen.
Contlgnmeuts to our
.
_
Co.,
LOUISVILLE, KY.
Knoop, Hanemann & Co
coinniissioN kierciiants,
NEW
YORK.
HOTTSBS IN
nc:
JERSEY
& CO
&
Walsh, Thomson
""''
Wall
Si'RKETB,
Street Caricatures.
A new book. 48 pages, containing 14 engraved lllusINFOHMATION FOK STOCK SPKCDLATORS.
tratioDS, wttli
frice
lOr.,
oiotb cuvtTs
;
paper covers free.
Baakerg ana Brokers.
H
Wall
Ac.
coastantly
ir.
St.,
N. 7.
•
lUASON « CO.,
4S Rroadwar,
N«:iv V>rtK
^TNA
Insurance Companh*
OF HARTFORD.
OAPETAL,
Jan.
LiabnUies
Assets,
-
BRANCH OFFICE,
JA8. A.
$3,000,000 OC
-
96,792,U49 9$
1, '76
$240,385
•
173
BROADWAY,
ALEXANDER,
5(
N. Y.
Agent.
Liverpool &'
London
(jT
Globe
I
Co.,
COTTON BROKERS,
SOUTH WILLIAM & 65 STONE
Nenr York.
dostou, Philadelphia, Liverpool,
.
&
Pui'[..9ses,
Slock
lengths are cnt.
JOHN
coinmissiON merchants.
Co.,
TEXAS.
RlgKln
hand, from wbicn say deatre
BANK, LONDON
inancbeater and Liverpool,
COTTON BUYERS,
OAI.VES'rON,
Special atten
PARIS.
UolstlnK
Large
Cotton futures.
NEW ORLEANS.
Kremelberg & Co.,
York.
Liberal advances Diade on contlgnmeots. Prompt
personal attention paid t-t tlie execution of orders for
the purchase or sule of contracts for future delivery.
Laer
CO..
52 EXCHANGE PLACE,
AMD
Ships,
Itlcks, Inclined f: tnes, MInlai
Kremelberg & Co.,
NEW York.
Kremelberg
D.
& Co.,
J.
44 BROAD STREET, BOSTON,
i.toe
sales of "
Exchange on the CITY
HOTTKNGUEB &
GomnissioN ivibrchants,
125 Pearl Street,
for
suitable
F
BALTlinORE.
NEW YORK,
U
B. B. Of the Terr best gnallt
STREET,
Co., Kremelberg, Schaefer
10 SouUi William street,
Boatai
sli set.
isuspenslon Bridged, Guys, He
tlon paid to
JEWELL,HARRISON
& COMPANY,
Water
40
Wire Rope.
Neiv York.
New
^
Treasurer.
Superintendent
Manchester. N. H.
BANKERS AND COMMISSION UERCHANTS
BANKERS AND COMMISSION MERCHANTk.
33 Naaaan Street,
Works,
Locomotive
giuea,
and
Co.,
all
WATTS &
Ed ward H.Skinkerfic Co.
and Liverpool.
Adams &
Eakin,
New
street.
VO,,
CALCUTTA AND BOMBAY.
FOTURB CONTRACTS FOK COTTON bought
old on commission In
and orders for the
Advances made on conslgumente, and
SON, 64 Baronne
CO.,
ic
Also, execute orders for Merchandise through
nieaara.
COTTON
aSorded by our friends, Messrs. D.
Stone
Advances made on Consignments to
raesars.
NKW
,
YOU
& Coiniiiigsion Merchants, >
OHARI.EbTON, 8. O.
)
Liberal aOvanceH made on consignments of Cotto
Orders execined Ht the Cotton Kxcli lUk-e lur the |)U
chase and sate of coiitra'^ls for future delivery.
Bankers
Brown'a BuildiUKa,
solicit eon8ignmen'i.8 of
Co.
purchase or sale of future shipments or deilverlea
niBRCHANTS,
OoraitllSSION
&
Williams, Birnie
COMMISSION MERCH.4NT8,
65 Reaver St. & 20 Excliange Place
LIVERPOOL,
GENERAL
5
&
C. Watts
31
madeoncou-
6c
to
LONDON AND LIVERPOOI
Special attention given to the execution of orders
ilgumeuts.
Henry Hentz
General Commiaaio
laercbants.
Adrances made on ConeignmenU
New York.
for the purchase or sale of Contracts for Future
contracts for fu-ure
Liberal advances
delivery of cotton.
Cotton Factors,
Tobacco and
Oo'lvery.
NEW YORK.
for the purchase or sale of
BROAD STREET, NEW YORK.
coramissioN kerchants,
GENERAL COMMISSION MERCHANTS
MAOLBHOfti
UAITLAND.
L.
Robt. L. Maitland & Co.
of Cotton,
and Loudon.
Bliss
Co.,
Cotton Factors
CO.,
Sc
Wool, Hides, &c., and upon shipraonts to our friends
ments.
Ware, Murphy
B ABC OCK
UVKRPOOU
AI^KZANDBB VAITIJtND,
U T. B.
BROAD 8TREKT,
4858.)
& Co.
Babcock Brothers
COTTON FACTORS
Oeaeral Oommlasloo merchanta.
Liberal
^
BIOHABDS.
AtJQ. L.
York.
Cotton Factors
of cotton.
JOBNB. DUBB.
Wight, Richards &
New
19 ITall Street,
Cotton.
WRIeBT.
M.
Stillman,
SKAMBN'S BANK BUILDINO,
T4*
No*.
[Fiabruary 26, 1876.
Instirance
4-5
Compan
William
St.
$26,740,105 yd
In the U. S., $3,000,000
Assets,
@FedFRASER