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ittatirM
otnmtrria
AND
HUNT’S
MERCHANTS’
MAGAZINE,
S W^jeItth IMwispairer,
REPRESENTING
INDUSTRIAL
THE
AND COMMERCIAL INTERESTS OF THE UNITED STATES,
NO. 608.
SATURDAY, FEBRUARY 3, 1877.
VOL. 24.
THE BANKS AND THE COMPTROLLER.
CONTENTS.
who has studied with care the develophanking system must have observed the
97
and Commercial
Prospects
98
English News
102 anomaly, that while the great principle of publicity i&
and
Miscellaneous
Cotton Supply and Consumption.. 100 Commercial
News
104 fully applied to the 2,087 national banks, it has a very
101
Revi
Financial Review
in January.
THE BANKERS’ GAZETTE.
narrow and imperfect application to the 4,500 other
Monev Market, U. S. Securities,
I Quotations of Stocks and Bonds. 108
| Local Securities
109 banking institutions and firms comprised within the
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
I Investments, and State, City and
^ Banks, National Banks, etc
105 | Corporation Finances
110 financial machinery of the United States. To remedy
THE COMMERCIAL TIMES.
this defect, an important reform is proposed by Mr..
Commercial Epitome
118
113 1 Dry Goods
Cotton..
113 Imports, Receipts and Exports... 119
Comptroller Knox. He has prepared a draft of the new
Breadstuffs
117
legislation which is needful in each of the States, with a
view to enable him to comply with the law of Congress,,
Chronicle.
which requires him to publish reports of every part of
The Commercial and Financial Chronicle is issued on Satur¬
our banking system.
day morning, with the latest news up to midnight of Friday.
The legislative measure suggested by the Comptroller
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
is entitled, a bill “to provide for obtaining and publish¬
For One Year, (including postage)
$10 20.
For Six Months
6 10.
ing reports of banks, savings institutions, and trust com¬
Annual subscription in London (including postage)
£2 2s.
Six
do
do
do
1 3s.
panies, organized under State laws.” Although only a
Subscriptions will be continued until ordered stopped by a written order, or
fortnight has elapsed since this document was issued
at the publication, office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Office Money Orders.
from Washington, replies have been received by the
London Office.
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
Comptroller from Ohio and Illinois, showing that his
Street, where subscriptions will be taken at the prices above named.
project is regarded as timely and necessary, and that
Advertisements.
Transient advertisements are published at 25 cents pei line for each insertion,
the bill will probably be introduced into the Legisla¬
but when definite orders are given for five, or more, insertions, a liberal dis¬
count is made. No promise of continuous publication in the best place can be
tures of these States at an early date.
The adoption of
all
given,
as
advertisers
must
have
equal
opportunities.
Special
Notices
in
anking and Financial column 69 cents per line, each insertion.
so important a reform ‘ by all the States of the Union
dana,
1
WILLIAM B. DANA & CO., Publishers,
would place this hitherto neglected part of our financial
floyd, JR. J
79 & 81 William Street, NEW YORK.
Post Office Box 4,592.
statistics in advance of those of England, or of most of
the other European nations. To show the importance
A neat file-cover is furnished at 50 cents; postage on the same is 17
cefits. Volumes bound for subscribers at $1 50.
of this measure, it is only needful to recapitulate its
For
complete set of the Commercial and Financial Chronicle—
July, 1665, to date—or of Hunt’s Merchants’ Magazine, 1839 to 1871, inquire chief
provisions.
at the office.
It enacts, first, that every bank and savings institution
fW The Business Department of the Chronicle is represented among
organized under the laws of a State shall make a quar¬
Financial Interests in New York City by Mr. Fred. W. Jones.
terly report of its condition to the Auditor or other
Every
THE CHRONICLE.
Debt Statement
Latest Monetary
The Basks and the Comptroller...
Life Insurance Retirements and
ment of
102
one
our
.
.
mos.
william b.
JOHN g.
a
FINANCIAL REVIEW.
The Financial Review, our annual book of sixty-four pages,
will be ready February 6.
To place this valuable collection of
statistics within the means of all, the price has this year been
reduced to $1.25 per copy, -and for regular subscribers of the
Chronicle to the minimum rate of $1.
As a hand-book of
practical information this Avork will be found of the utmost value
to every intelligent merchant and banker, as well as to all those
who are not engaged in active business, hut take an interest in
the general movements of Trade and Finance.
The principal
titles or subjects of the book are as follows :
Retrospect of 1876; Mercantile Failures; United States National Bank Fig¬
ures and Currency Movements; New York City Bank Returns; London Money
THE
Market and Bank Raturns; United States Commerce
nage of Trunk Roads and Canals;- New
and Trade Balance; Ton
interference with the freedom
York City Exports, Imports, and which it is alleged to
Merchandise, 1869, 1866 and 1873-’?7; The
Money Market-Prices of Call Loans and Commercial Paper since 1870; Gold
and Silver—Production, Exports, and Imports of Gold and Silver in the
United States; Prices of Gold from 1862 to 1877; Foreign Exchange—Prices in
New York, 1871-’77; Investments and Speculation—Investments of Financial
Receipts; Prices of
State; secondly, that these reports
both as to their contents and the
time of publication; and thirdly, that the Auditor, or
other officer to whom the reports are made, shall com¬
pile the statistics thus received, and shall transmit a
tabular summary thereof to the State Legislature, at the
beginning of each session.
Such, in substance, are the provisions of the bill, of
which the necessity is too evident to need any elaborate
argument. The chief reason urged against it is the
proper officer of the
shall all be. uniform,
of the banking business,
authorize; but the bill contem¬
plates no interference with the legitimate freedom of
banking. The important principle of publicity has been
too long established and recognized to be misunderstood
Corporations in New York City; Compound-Interest Table; Table showing the
Rate Percent. Realized on Securities purchased at different prices; Stock
at this late day.
Prinoj
f
Slf.ru ri
This principle is of vital importance
to every sound system of banking, and so oft-refuted an
objection to it is unworthy of serious attention*
Domestic
-i
..
ti_:
~
A
ctntna
_
98
THE
Throughout the commercial world the axiom is
[February 3, It 77.
CHROMCLE.
now
From th;s table it appears
that since 14th January,
accepted that the fullest light of publicity should be 1875, the decrease of national bank notes has been
shed upon all the movements of the banks.
In Eng¬ $32,928,772, and of greenbacks $17,015,188, while there
land, France, Italy, Sweden, Germany and other Euro¬ are greenbacks now on deposit in the Treasury amount¬
It thus appears that there has been
pean countries, the reports of the banking institutions ing to $18,15^,746.
a
total
have received ef late years a rapid development, and
decrease in the circulation of $68,102,706, in the
they are now more full and complete, and are also more period of two years, by the two laws above referred to.
carefully watched by the mercantile and financial com¬
munity than ever before.
In our own country we have long recognized the specLIFE INSURANCE RETIREMENTS AND PROSPECTS.
ial reasons which exist for as full a report as possible
The condition of life insurance is so much in doubt,
of every movement of our banking system which admits
and the anxiety concerning it, revived during the past
of clear tabular statement.
During the last twenty wreek
by the attempted and as yet undecided transfer
years various efforts have been made in Congress for this
of the New Jersey Mutual to another company, is so
purpose.
One of the most recent of these legislative
great, that any discussion of the subject in the spirit of
movements is embodied in section 333 of the Revised
fairness and intelligence is timely.
With the intent,
Statutes. This law was passed Feb. 19, 1873, making
not so much to gratify curiosity as to supply a piece of
it the duty of the Comptroller of the Currency to report
history which is suggestive respecting the sources of the
every year to Congress, “ under appropriate heads, the
present trouble and its widest possible spread, we make
resources, liabilities, and condition of the banks, banking
the following sketch of the retirements from business
companies, and savings banks organized under the laws which have
already taken place.
of the several States and Territories.” One of the chief
Of the eighteen life insurance companies now remain¬
obstacles to this important work has been that in several
of the States no uniform reports are required by law, so ing in this State, five are older than the general insur¬
ance act of
June 24, 1853; two of the five were
that great difficulty has attended the efforts of the Comp¬
troller to compile any statistical tables which could be organized under special charters, and the other three
under the Constitution of 1846 and the earlier insurance
relied upon as full and accurate. Several of the most for¬
of 1849.
The first organization under the act of 1853
midable of these impediments will be removed when the
was that of the Equitable, in 1859, followed by two
Comptroller’s new law has been adopted by the various more in that
year. Then there were three in 1860, two
States. For several reasons, the progress of the requisite
in 1862, one in 1863, three in 1864, two in 1865, five in
legislation in Illinois and Ohio, and the other States
1866, two in 1867, eight in 1863, seven in 1869, two in
where it is under discussion,, will be watched with inter¬
1870. r There were also several organizations which
est.
In the first place, if it should be promptly adopted
were
completed but were abandoned or merged in
in those States, the salutary example will, no doubt, be
others before doing any real business, and the number
speedily followed elsewhere by other States.
of charters filed which came to nothing was considerable.
Secondly, the rapidity of the progress made by this The maximum number herein included is
43, and the
new7 movement will offer new7 evidence in confirmation
aggregate count of all which ever had legal existence is
or in
disproof of the theory which is extensively held by
financial men since the panic of 1873, that the pressure probably larger by two or three, but the largest number
in existence at one time was 41.
Of the eighteen now
of common dangers and the progress of the
country
towards specie payments have combined to develop a surviving, one started in 1842, one in 1845, two in 1850,
one in 1853, one in 1859, three in 1860, two in 1864, one
new
tendency to union among all the various classes of in
1865, three in 1866, two in 1868, omitting the Provi¬
banks which make up our banking system.
As a signifi¬
dent, which started in 1875. Or, tabulating them for
cant illustration of some of these movements and their
more convenient
comparison:
attendant dangers, w'e give below the statement, just
Number
Number I
Number
compiled by the Comptroller of the Currency, as to the
Number
vow
Number
Number
now
started. surviving.
started. surviving.
surviving.
rapid and unprecedented changes which are taking place 1842. started.
1860
3
1
3
18r6.
5
2
1845
1
1862.
None 1867.
2
1
2
Ncne
in our banking system, under the laws of June 20,
1874, 1850.
2 1863.
None 1868.
2
1
8
3
1
2 1869.
1853.
1864.
1
3
None
and January 14, 1875.
7
The statistics are as follows:
1 1865.
1
3
2
1859.
1870.
2
None
vow
....
....
....
....
....
....
....
....
...
..
GREENBACKS
....
AND NATIONAL BANK
1875,
NOTES
Months.
November, 1875
December, 1875
January, 1S76
February, 1876
March, 1876
April, 1876
May, 1876,... f
June, 1376
July, 1876
August, 1376
September, 1876
October, 1876
November, 1875
Deeembei;, 1876
January, 1877
National bank notes
dered and retired
RETIRED AND
TO JANUARY,
r-Nat. B'k
Issued.
Retired.
$981,010
621,220
702,370
329,985
322,880
225,815
$967,969
898,039
1,986,723
1,949,873
1,853.519
1,622,117
2,087.421
4,741,747
2,83’,816
4,032,953
476,560
435,670
144,88)
300 103
1,055.510
1,198,760
780,895
1,069,895
1,337,840
2,-330.165
2,201,606
1,900.802
1,410,285
1,447,668
surren¬
$36,688,879
^romJah.li^.toNov. 1,’75 10,986,675
17,261,223
Legal tenders deposited from
Jan. 14, ’75, to Nov. 1, ’75
Le^al tenders retired from
Jan. 14, ’ 15, to Nov. 1, ’75
Totals from Jan. 14,
Feb. 1, 1877...
For
...
....
....
$1,284,079
2,G06,950
2,629,900
3,850,237
5,301,027
3,001,600
2,085,692
2,612,bio
1,232,831
1,137,630
1,776,085
1,251,609
432,600
870,975
703,240
$39,186,100
22,719,60?
1875, to
$21,263,985 $53,950,102 $52,905,707
do not stop to
discuss, life insurance
extraordinary impulse by the war, astonish¬
$764,472
ing to nobody more than to the men concerned in direct¬
644,552
This impulse was first noticed particularly in
554,030 ing it.
329,748 1863, and went on
increasingly for eight or nine years,
188,144
until the general swing of the paper era was exhausted
227,372
404,208 and turned in the opposite direction, from which we
* 351,384
have been waiting since 1873 to see it react.
The mor¬
153,056
284,624 tality has been chiefly in the younger companies, for of
839,®64 the 32
organized after the war begun only one-fourtk
959,024
now
624,716
remain, and of the 26 organized since the war ended
855*916
only 6, and not all of these are sure of surviving
1,070,272
the present trial.
For the. purpose of presenting a
sketch of these retirements, we have prepared the fol¬
$8,251,432
lowing table, showing the companies going out of busi¬
ness in successive years, with their date of
commencing,
the amounts of assets, liabilities exclusive of stock, and
8,763,756
insurance outstanding, reported at the close of the pre¬
$17,015,198 vious year, and the mode of retirement:
r-Legal Tender botes.—,
Deposited.
Retired.
4,422,833
$10,2S2,310
....
ISSUED, NOVEMBER,
1877.
Cit'culation>
Circulation issued ani retired
.
■
reasons we
received
an
THE
February 3, 18<7.j
companies decline to even entertain lihe
proposition to weaken themselves by assuming the lia¬
the strongest
1870.
liab'ties.
Insur'ce.
$533,770 $8,026,666
Great Western (’£5). $512,£52
Receiver.
bilities of others too weak to remain in the
1871.
Am. Tontine (’6^)...
.
Standard (’67)
204,983
111,932
167,335
125,104
269,665
281,563
Farm. &Mecb. (’69).
.
1.319,910
2,779,153
2,765,883
Rec.; re-ins. in Emp. Mut.
Re-insured in Empire Mut*
Re-ins’d in Gov. Security.
1872.
Craftsmen’s (’68)....
2S4,239
Empire Main'll (’69)
Amicable (’fc9)
8.53,981
177,560
312,913
.
.
3,910,359 Receiv.; re-ins’d in Hope.
13,947,045 Re-ins’d in*Continental.
144,251
1,131,749 Re-insured in Guardian.
1 •-'5,930 13,525,575 Rc-ins’d in Mut. Protect’n
1,753,681 17,333,773 Re-insured in Guard’an.
3,536,053 Re-insured in Guardian.
193,836
407,787
9,467,031 Re-ins’d in N. J. Mutual.
259,146
688,233
(’61)..
Mutual Protec (’68) 2,013,444
N. Y. State (’66).... 283,41J
546,670
Hope (’69)
W. &0. Ben.
.
,
1873.
c
Receiver.
505,889
350,815
5,257,365
6,215.637
760,034
747,317
7,426,474
Re-ii.s. in Am. Nat.of NII.
Guardian (\"9) ..... 3,976,976
Gov’t Security (’70). 296,652
3,974,822
224,639
68,436
348,135
Hercules (’69)
Eclectic (’68)
Excelsior (’67)
National N. Y. (’63).
,
128,595
310,771
85,253
279,111
514,162
Receiver.
Re-insured in Nat. U.S.A*
1874.
170,275
327,534
Empire State (’69)...
Aabnry (’67)
23,359,709 Re-insured in Universal.
2,777,463 Re-in&’d in N. America.
485,087 Re-insured in Life Ass'n.
3,763,033 Receiver.
1875.
2,425,514 Receiv.; re-ins’d in Globe.
5,635,623 26,138,640 Re-insured in Universal.
1.717,222 Re-insured in N. J. Mut.
321,964
2,745,769 Rec.; re-ins. in N. J. Mut.
249,614
Commonwea’th (’68) 276,599
196 659
Merchants’ (70).
N’th America (’62).. 5,789,074
344,2 8
World (’66)
117,974
Continental (’65).... 6,229,484
5,504,052
3,169,152
,
,
1876.
3,683,183
Security (’62)
Receiver.
51,179,234
20,617,269
Receiver.
capital stock of these companies varied from
$100,000 to $200,000; adding that to the liabilities, only
four in the list were unimpaired, by their own showing,
namely: American Tontine, Empire Mutual, Empire
State, North America. The receiverships in case of the
Continental, the Eclectic, and the National of New
The
York,
cases,
procured at the suit of stockholders; in other
the proceeding was instigated by the Insurance
were
Department; most cases, however, were cases of “ rein¬
surance,” or amalgamation with other companies. In
the eye the course of successive
add the following covering the most
order to present to
absorptions,
notable
we
cases:
American* ontine. }Em»irc K,U'
[ Continental. |i-N. J. Mut’l.
Commonwealth.
World.
*
Widows’ and
Craftsmen’s )Hope.
Orphans’ Benefit,
New York State.
j
*
Nat. Capitol.
’
|
j- Mutual Protection, j
Amicable.
99
CHRONICLE
j
Guardian.
.
|
V Universal.
field; only
organized prior to the end of the war has
other, and that one afterwards itself fell.
hand, of the twelve companies which have
thus absorbed others, only three remain in existence.
As to the time of retirement, eleven companies went
out of existence before 1873, against fourteen since.
But, if the expression may be allowed, the crisis of 1873
began earlier than that year; its causes were at work
at least two years earlier, and the wave of imaginary
prosperity in general, upon which the issue of life
insurance policies had been carried with unnatural speed,
had already begun to return, although the fact was not
discovered until the Jay Cooke failure, which revealed
the situation and thereby started the panic.
There was
not a material fact altered between July 1 and October 1
of that year, except the tone of public feeling; but that
change in feeling was just the one needful to put every
form of financial organization to the test.
Before, every¬
body believed in appearances, looked for prosperity, and
doubted few things; after that simple change cf dispo¬
sition, everybody refused to trust appearances, became
expectant of failures, and questioned everything, strik¬
ing here and there with the hammers of demand and
suspicion, and listening for the sounds which tell of hol¬
lowness.
Such a time inevitably discovers the rotten
spots, and because such discovery is necessary, the com¬
pensation of its distressful work is that it does so discover
them.
The test was applied to life insurance in many
ways.
New business became steadily harder to get, un¬
der a pressure which trimmed expenditure on all sides;
policies were presented in unprecedented amounts in
exchange for “paid up” and. lessened ones, or for
sale, or were suffered to lapse; the trials of Business
unfavorably affected the mortality experienced ; the
unavoidable expenditures rose, and the receipts dimin¬
ished ; and safe investments at the old rates became
harder to find. The downward movement of the busi¬
ness during the last three years has been nearly as swift
as its upward one once was.
one
company
absorbed any
On the other
of the past year are peculiar in that, un¬
The absorption of the Continental by the New Jersey like those occurring before, they are in large institutions,
Mutual differs from the other cases by being in piece¬ are tainted with what the broadest chailty can call by
meal instead of in bulk, and by being dependent upon no other name than fraud, and attract the attention of
the consent of policy-holders separately; that of the the universal public who read the newspapers ; thousands
Standard,
The failures
j-Government Security, j-North America.
Jersey company itself is resisted by the State, but
have included both cases in order to follow out the
New
we
process. The aggregate of nominal insurance represent¬
ed in these transfers exceeds $230,000,000, but of course
much of this is counted
several times.
A characteristic
noticeable in amalgamations in
England and shown also here, is that the retiring com¬
pany is almost invariably taken by another which is
at least no better than itself, so far as appearances indi¬
cate, and is often decidedly the weaker of the two.
Thus, by carefully examining the above tables, the
reader will see that nearly always the retiring company
went to one younger and no larger than itself; the most
singular instance of this was in 1872, when the Widows’
and Orphans’ Benefit, organized in 18G4 under excellent
auspices, was transferred to the Mutual Protection,
of such
transfers,
very
and the latter, after procuring
special legislative permission to change its name to the
Reserve Mutual, before the end of the year transferred
four years younger,
itself to the Guardian.
in the fact that
scarcely knew that twelve
companies had already
read of the Continental, Security^
and can easily conclude that
gone since the panic,
and New Jersey Mutual,
the whole
to suppose
fabric is decayed and crumbling.
the public will not notice
It is idle
unfavorably the fact
of these companies
figured out a surplus, a year ago, and swore to it falsely*
and that in each case State supervision has been practi¬
cally valueless ;' nevertheless, a sweeping conclusion is
certain to be wrong. This article shows that only a sin¬
—now
forbidding denial—that each
gle ante-war company has gone, and also shows the age
of those remaining ; and as time undeniably tests, it is
certain that if the fault were in the system itself and
the management the old* companies would break
instead of the younger ones. Life insurance is smooth
not in
sailing at first, with large receipts and small outgoes ;
then comes the mortality and the desire of members to
withdraw, and the test begins, which an almost unprec
edented financial crisis has now made unexpectedly soon
At first sight this seems anoma¬ and
lous, but there is a sound business reason
who
not
Consequently, the companies which
already become firmly rooted have given way.
severe.
had
But
THE CHRONICLE
100
[February 8, 1877
(bales).... 4,500,000
speak advisedly in assuring the public that there is Suppose the total of this crop to b9
(or
169,000
bales
less
than
the
last crop)
no cause for further and general alarm.
That will only
Suppose the portion used at the South and sent over¬
add an unnecessary strain, and if policy-holders apply
land to Northern mill3 to be only
400,000
it, they will be no wiser than a man would be who
4,100,000
pounds his diamonds to see whether it is possible to break Then the total receipts at ports will be;
we
them.
Of which had been received to Jan. 27
3,006,000
Add stock in ports
Leaving to be received after Jan. 27
Jan. 27
1,094,000
891,000
Available
1,985,000
COTTON SUPPLY AND CONSUMPTION.
supply from ports thenceforward
which the production of both Suppose the Northern consumption
1,250,000
489,000
had so gained on the consump- Already taken from portB
211,000— 700,000
sion of both as to cause a great and almost continuous Overland to mills, say
fall in prices, averaging more than Id. (English) or 2 Yet to be taken for Northern mills
550,000
cents (gold) per pound yearly, in cotton, and still more Of which may be overland after Jan. 27
50,000
per pound of goods, the turn has come ; consumption Thus
required for Northern mills from ports
500,000
now again appears to outrun production of both the raw
Leaving, bales
1,485,000
material and goods.
Allow for stock in ports Sept. 1
110,000
Indeed, the turn came more than a year ago, but was
not recognized.
1,375,000
The manufacturers of cotton fabrics Leaving for export.
Against
last
export
and the dealers in cotton had got so used to the depres¬
year after Jan. 27
1,593,00()
sion of accumulating surplus, and (like eels) to being Total export last season
'
3,253,000
skinned, that they really had a year’s run of reducing Total export this season, to Jan. 27
1,757,000
After Jan. 27, if crop 4£ millions
1,375,000—3,132,000
stocks, of both cotton and cotton goods, before they saw
it, or, seeing, could believe it. And that was the year in Reduction in supply of American cotton to Europe.... 121,000
which our crop of 4,669,000 bales was going into con¬ —and
or less
as the crop shall be less or more than
sumption. In September last, we called attention to 4,500,000 bales.
the fact that, during the previous two years, twentyAssuming our crop to be 4,500,000 bales as above,
months’ production of
seven
that
the Egyptian crop is 50,000 bales less, and that the
our
mills had gone
into actual
consumption or export, so that in supply to Europe from India will be 200,000 bales less
August, 1876, there were smaller stocks of cotton goods than last year—(this last item being problematical, as
held by producers, jobbers and retail houses, in the we never know what India will turn out under the
aggregate, than there were two years before, by at least, influence of price)—together they reduce the supply
three months’ production.
They had gone out of mar¬ of the season 419,000 bales, compared with 1875-6,
ket, and were invisible to the trade. They had been the deficiency of supply being felt chiefly in Europe,
distributed to actual consumers, and by export. We the effect on price, everywhere. There is believed to be a
then indicated the increased and increasing demand for material
falling-off this season in the average weights of
cotton fabrics, and the advancing prices, which are now bales. Its
average of the whole crop is, of course, not
clearly visible, by suggesting the evident impossibility yet known, but comparisons of the first half of the crop-;
of producing in 1876-7 so large a supply of goods as at various points indicate that it will exceed ten
pounds
went into consumption alone, in either of the seasons
per bale on the whole.
At that rate the loss would
After several years, in
cotton and cotton goods
•
more
1874-5
or
1875-6.
The cotton
amount to
100,000 bales of 450 lbs. each
:
call it 81,000
growing and the cotton spinning interests
As above said, the supply
apart. They both of late have been on
(excluding old stocks) for
the rising grade, after a long descent which carried this season in the world
appears to be 419,000 bales
cotton lower in currency than its gold price in the less than in 1875-6, on the
crop figures assumed.
The
average of three years before the war, and cotton difference in weights raises the loss to 500,000 bales.
goods two to four cents per pound lower than the lowest
Consumption in the United States has lately been
at the same period.
Low prices always extend con¬ reduced by short-water; yet, under the known tendency
sumption. This is especially true of cotton, and is pro to the production of a heavier average of goods than in
duced not alone through the increased demand for cotton past years, and the
improvement in business, the quan_
goods, but also by enlarging its uses, permitting its sub¬ tity of raw cotton used and to be used this season will
stitution for other materials, as we showed, in our article probably exceed that of 1875-6, when there was some
of September 30th, had been done in the United States loss
by short-time and strikes, as well as by the general
during the past season. It is with such facts, then, we discouragement of business. Consumption in England
have to deal in determining the sufficiency of our in 1875-6 was reduced
by some short-time and stopping
of mills (at Oldham, <fcc.)
present cotton supply.
There is no apparent prob¬
Nearly, or perhaps quite, three-fourths of the cotton ability of short-time this season, or.of any hindrance to
crop having reached either the seaports or the mills, a the highest production of goods.
To a material extent,
pretty fair view of the remainder of the season and of the use in Great Britain of heavy stuffing of finished
ultimate results can now be had.
It is best to leave all cloth is reduced or abandoned, and the piece-weights of
quantities which are yet unknown, and therefore sub¬ the cloth kept tip by an increase of cotton in it, by
jects of estimate, to the opinion of each individual. The lower counts of yarn, or more thread, or both. There¬
estimated quantities in the following are assumed only fore a sensible increase in the consumption in
England
to make a formula, not as expressing our own opinion, is to be expected.
The consumption on the Continent
which for this purpose it is not necessary to give. ought to show its usual annual rate of increase/
On the foregoing premises the consumption should
Every reader is expected to correct any item which he
thinks erroneous, and to note the effect of the correction increase, in Great Britain, 80,000,000
pounds; the Con¬
upon the result.
tinent, 50,000,000 pounds; United States, 20,000,000
are never
bales.
far
>
1177.]
February 3,
101
CHRONKXE.
THE
CLOSING PRICKS OP
pounds—in all 150,000,000 pounds, equal to 375,000
bales of 400 pounds each.
(The average of European
supply last season was about 403 pounds per bale.)
money.
Monday....
Tuesday...
Wednesday
Thursday..
assumptions we have now stated, which every
one interested in the cotton trade or manufacture should
scrutinize closely before accepting, the season^ supply of
cotton (exclusive of stocks) promises to come short of
that in 1875-6 by 500,000 bales, and the consumption to
be increased by 375,000 bales—making together a differ
ence of 875,000 bales, which, if used, must be drawn
153
were :
ports (visible).
Surplus at mills (invisible),
Great
be less than we
out to
...
12
11-16
15-16
3-16
95 1-16
....
15-16
1-16
5-16
9-16
5-16
5-16
showed little buoyancy, and any temporary
strength and activity was quickly followed by a reac¬
Railroad earnings in the latter months of 1876 were not
revival of
tion.
generally favorable, then the decline in coal at the January sales
worked disadvantageous^ for the coal roads, and altogether the
tone was weak, and the main talk of the bulls in stocks was
concentrated on the general hopefulness which should be felt ii*
consequence of the settlement of political difficulties, the advance
Sept. 1
future.
highest, lowest
closing prices of railway and miscellaneous stocks at the
New York Stock Exchange during the months of December and
January:
RANGE OP
,
pref...
Erie
do
Michigan Central
Missouri Kansas & Tex.
Morris & Essex
reg. coup.
Jan.
Jersey
New Jersey Sonthern....
N. Y. Cent. & Hud. Riv.
N. Y. N. Haven & Hart.
Ohio & Mississippi
113*
6...
7
8..
9... ...,113/,>
10... ....113*
11...
12... ....113*
..31
..113*
..41
15... ....114
16... ....114*
17..,
18...
114*
19... ....114*;
20... , ..114*t
21...
22...
23... ....114*
24... ....114*
25...
26...
27...
do
pref
St. L. Iron Mt. & Sontn.
St. Louis Kans. G. & N.
do
do
pref.
1877^
6s,
cur.
.
,
,
,,
,
,
.
,
...
'
’
112* in* 112* 112*
111
112*
109* 112*
113*
111*
1)9* 112*
108* 109* 112* 114*rii2*
112* 113
113* 108* 109* 112*
112*
• • • •
114
103* no* 113
no
113* 109
•
•
•
•
•
....
•
•
...
•
.
>
•
•
•
•
.
.
•
•
•
•
•
....
....
.8.7.
114* 109* 110*
no*
114* 109* no*
114/, 109* no*
in* 109* no*
no*
in*
....
....
....
■
113* 115*
113* 115* 113
113*
113*
113*
113*
113*
113*
.
.
.
,
....
....
.8.7.
113* 111
113* 111
113/, 111
....
113*
....
•
....
.
.
.
•
•
111* 107* 122*
122*
HI* 108
...
*
...
112* 108*
•
112*
112/,
112* 107*
•
•••
.
122*
123
....
....
•
•
•
•
....
....
123*
112
....
112*
....
112*
....
....
s
10334 no* 11334 116*
114
....
114
....
107*
107*
....
....
....
Lowest..112* 113* 108* 109*
Closing. 112* 113* 108* 110
116
108* 121*
108* 123*
111 106* 121*
113* 114* 110* 111* 107* 123*
112* 114*1112* 112* 110*
113
Maryland Coal
Pennsylvania Coal
Mariposa L. & M
prf
2*
69*
62
16
17/,
16
20*
43*
136
8
92
102
155*
5*
99*
38
90
3
39
73*
73*
6i
55
13*
42*
44*
8
91
100*
151
6
10
5*
9*
3*
137*
*
100*
152
5*
10*
3*
....
....
11
5*
15
ii
14*
5*
27*
5
26
5
26
98
58
98
98
60*
57*
27*
•
•
•
•
Canal
Canton
Manhattan Gas
Union Trust.
.
.
.
....
,
98
60
•
•
•
•••
....
•
•
25*
23*
24
10*
15
10*
10*
14*
10*
72*
86
73*
TO*
70*
24*
15
9
230
4*
4
14
69
86
11
230
9
8*
14
21*
106
61
56*
9
230
4
49*
90
87*
69
Gold remained pretty
219
135
.
...
60*
7
94
24*
....
•
•
69*
52
5i
9*
9*
10*
16
13
26
141
51
16
12*
15*
26
136
50*
£0*
2*
53/,
45/,
92/a
*90*
65*
2*
57*
2*
54*
47*
*
104*
152*
152
5*
128
101*
100/,
111
109
3
14
3
16
13
5
24
68
.
94
25*
•
.
56
54
89
56*
70*
...
249
135
weak in the absence
54*
89
....
....
«
65*
U*
64*
6*
59*
6
94
94
23*
24*
•
....
.
46
71
34
101*
5
25
68
4*
68
78
38
n*
221
8*
8*
8
12*
11*
25
•
2
128
101
111
5
14
1*
128
3*
.V.
11
10*
13
46
101*
*
151
46
71
38
14
21
%
102*
15*
JO
•
100*
17*
221
-
90
140
137*
*
140
15*
14
20
13
18
100
55
71*
249
135
25
68
8*
4
•
249
135
36
11
230
8
36
13
15
...
....
77
55
93
3
•
92
*
150
3^2
....
....
%
103*
99*
33*
*B9*
2*
67*
39
93
30
141
62/,
2*
55*
45*
110*
118*
18*
48*
35*
56*
101*
33*
17*
46*
34*
55*
16
10
27
136
48*
*
107*
155*
6*
*
99*
9*
101*
116*
21
90*
3*
85
26
109
no*
118*
37*
58*
102*
55
....
102
36*
56*
61*
2*
55*
90*
21*
99*
56*
6b*
2/,
8
37*
54*
71*
2*
60*
8
94
37*
99*
52*
13
27
136
12*
25*
14
27
141
12*
65
116*
20*
9*
17*
7*
10*
9*
21*
105
61
United States Express.. 56*
Wells Fargo Express....
88
do
pr^f
Adams Express
American Express
16
22
105
58
89
••
75*
34*
9*
11*
220
220
5*.
6*
6
16
14
21
21*.
100*
56/,
59*
•
•
16
46
49
64
104
57*
50
84
71*
74*
56*
60*
28
28
28
28
....
....
....
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
....
of any large demand
declined
speculative or legitimate trade purposes, and
just at the close on the reports that President Grant was
to send a message to Congress advising speedy resumptionThe rates for carrying gold became easier as the rates for
either for
114* no* HI* 107*
no*
no* 113/, 116/,
116
113
113* 114* no*
no
112
115
113* 113* 112
OpeningllS* m* 109* no* 113*
114
117* 114* 114* 112* 112*
no*
109*
;
m*
Highest. 114*
....
62
Miscellaneous,
Pacific Mail
American Diet. Tel....
Atlantic & Pacific Tel...
Gold & Stock Tel
Western Union Tel
Quicksilver
...
....
88*
....
do
112*
112*
112*
112*
90*
3*
73*
64
Warren
Consolidation Coal
•
....
9»
29... ....113* 114
30... ....113*; ns*
31.,. ....112* 113*
.
•
Second Avenue
Terre Haute & Ind
Union Pacific
Wabash receipts
Del. & Hud.
114
Ill*
114* 109/, no* 113* 117*
111*
117/, 113* 114
no* 114
114*
113* 111*
114* 109* no* 113* 117*
113* 113* 111
113*
114* 108*
111
114
no* 113*
114/,
111
no* 113* 117/, m* 114/,
•
107* 122
HI*
n3*xiio* 112*
....
•
....
111
111
86
86
11* 11*
3*
4
4
128
128
126
128
Panama
126
101*
101*
100*
102*
Pitts. F.W. & Chic., guar 101*
109
113
112
113
Rensselaer & Saratoga.. 112
3
4/a
4*
4/,
St. L. Alton &T. H
4*
16
pref..
Pacific of Missouri
....
113*
3*
69*
41
do
Holiday
...xll0*x!13* .... 113* 113* ... 112 103* ....
110* 113* .... 113* 113* .... 112 108* 121*
114
110* 113* .... 113* ... 112 111* .... 121*
113* 109* 110* 113* 115
113* 113* 111* 111* 108* 122
113* 10934 HO
113
... Ill*
S
111* HI* 1G7*
113*xll4*
'
New
notwithstanding the low price of gold, advanced
materially in the month. There was an unusually large demand
from private purchasers of small amounts, which indicated an
increase in the distrust of other forms of investment, and a
growth in the public confidence in government securities.
5-20s, Coupon
>,—10-408—, /—5s, 18S1—. 4*8,
1865. ’65 n. 1867. 1868. reg. coup. reg. coup.’91 reg.
36
89*
138
71*
Central.
Kansas Pacific
2*
56
Lake Shore & Mich. So.
securities, and,
t
pref
102*
Cl os.
High. Low.
86
110
116*
20*
52/,
35*
34*
55*
98*
38
Harlem
Illinois
market, which was quite firm in the early part of
the month, soon became easier as the effect of interest and divi.
dend disbursements was felt, and before the end of the month
rates on call were fairly quoted at 4@5 per cent., and prime com.
mercial paper 4^(gG per cent.
United States bonds were the most active of any investment
t—6s, 1881—>
pref.
Hannibal & St. Joseph..
do
do
pref.
The money
SECURITIES IN JANUARY,
59*
60*
99*
arise in the future.
OP GOVERNMENT
51*
112/,
18*
59*
Chicago & Rock Island.
Cleve. Col. Cm & Ind...
Cleve & Pittsburg, guar.
Columb. Chic. & Ii;d. C.
Del. Lack. & Western...
Dubuque & Sioux Ci y..
do
98*
116*
21*
54*
36
—January.—
Open.
66
37
99
110
86
33
37*
99*
108
Chicago & Northwest...
showed comparatively few"movements
High.
90
108
114
20*
AND JANUARY.
Decemlber.—
Low. Clo8.
110
Chicago Burl. & Quincy
Chicago Mil. & St. Paul.
do
do
pref.
circles. The principal event
of importance was the adoption of the compromise plan by Con¬
gress for the settlement of the Presidential difficulty; and this
was important, not alone for its present influence, but as furnish,
ing a precedent for a method of settlement in case of any similar
CLOSING PRICES
STOCKB IN DECEMBER
Railroad Stocks. Open.
Albany & Susquehanna. 90
Central of New Jersey.. 34*
Chicago & Alton
99*
special interest in financial
difficulties which may
will show the opening,
following table
The
and
FINANCIAL REVIEW OF JANLMRY.
of any
and the proba¬
mercantile prosperity in the' immediate
the "war” terminated,
freight rates since
bility of a recovery in
in
do
The month of January
.
108* 107*
108* 107*
108* 107*4
109
107*
109
107*
Railroad stocks
1,168,000
have assumed ?
11—16
...
130,000
Total stocks at beginning of season
1,438,000
The conclusion of the whole matter is therefore that
if the above deficit of 875,000 bales is made good out
of last year’s stock, it must reduce it, 1st October
next, to 563,000 bales in Europe and America.
Is it possible so far to reduce the stocks of cotton at
the end of the season? Whenever such facts as the
above, if they shall be facts, come to be recognized as
such, will not prices necessarily advance so far as to
check consumption ? Especially should our crop turn
ports there were,
In the United States
109* 107*
109* 107*
K9 * 107*
110
107*
107*
Friday ....26 95 15-16 no no*
109* no* 107*
108* ioo* 107* Saturaay ..27 95*
109* 107* Sunday.... 28
109
96
i09* no*/, 107*
103* 1C9* 107* Monday.. .29
110* 107*
95 15-16 no
108/, 108* 107* Tuesday. ..30
110* 107*
95 15-16 no
WednesdaySl
109*
107*
108*
109*
107*
108*
108* 10S* 107*
94*
Opening
no* 107*
96 5-16 no
107
Highest
*
108*| 109
94 3-16 103* 103/, 106*
108* 109* 107* Lowest
no* 107*
95 15-16 110
10S
109* x6* Closing
no/, 107*
High, f Since 96 5-16 no
109
109* 107
108/, 106*
109* 109* 107* Low., j Jan. 1 94 3-16 108/,
Saturday ..13 94
Sunday
14
Monday... .15 95
Tuesday.. .16 95
Wednesdays 95
Thursday.. 18 95
19 95
Friday
120,000
Britain 20,000—140,000
say—Continent
Holi day
..
Friday
109/, 107*
Saturday .. 20 35 7-16 109*
Sunday. ...21
i09*
Monday .. .22 95*
Tuesday.. .23 95 18-16 no
Wedneeday24 *36 3-16 no
Thursday.. 25 96 5-16 no
1
..
Bales.
In
1867.
for
5-20, 10-40 New
fives*
money. 1867.
Date.
.
2 34*
3unday...
94
Monday
94
Tuesday
WednesdaylO 94
Thursday.. 11 95
Ellison,
Europe,'October 1, according to
10-40 New
fives.
| 5-20,
....
stocks.
The stocks in
Consols U.S.
108*
3 91 3-16 108*
4 94 9-16 108*
94 9-16 108*
Friday
108*
94*
Saturday..
On the
from the
for
Date.
JANUARY.
SECURITIES AT LONDON IN
CONSOLS AND U. B.
Consols U.S.
about
money
declined.
102
THE CHRONICLE.
cf
JANUARY, 1877.
COURSE or GOLD IN
1
P
+C
P
0>
a
O
1.483
..
..
..
Thursday...
..
Amount
Highest. Closing.
s
0
...
Date.
|
Holi day..
1
2 i 07* 106* 107* 107
3 107
106* 107* 107
4 107
106* 107 106*
5
Friday.
6
Saturday...
Sunday.
8
Monday
9
Tuesday
Wednesday. ..10
Thursday... ..11
Friday
Saturday.... 13
14
Sunday...
Monday... ..15
Tuesday.... ..16
..
Thursday...
..
....
..
.
.
Openig. Lowest. Highest. Closing.
106
106* 106* !06* 106*
..27 106* 106* 106* 106*
Sunday
..23
..29 lC6
105* 108
..30 105* 105* 105*
WerlnHSriftv
31 185* 105* K'5*
1877.
i
1874.
1873.
1872.
1871.
1870.
1869.
a
<4
.
.
•
.
.
106*/, i06*4
10b* 106*
Wednesday. ..17 106* 106*
Thursday... ..18 106*/, 106*
..19 106* 106*
Friday
#
...
.
|
(4
1C6* 106*
107
44
106*
106*
106*
106*
‘00*
106*
108*
4
•
1868.
1867.
1868.
1865.
44
44
107* 105*
713
112*
112* 111*
110/, 110*
112* 111*
109* 108*
HO* 119*
120* 119*
131* 131*
133* 133*
1:32* 132*
144* 136*
218* 197*
151* !51/t
133* 135*
1876.
1875.
(4
•
•
•
•
•
#
•
•
•
107*
113*
113*
113*
•
•
•
•
4 V
44
Foreign exchange
was
105*
113
Total debt
13
was
left to take
<*
Amount
160* 160*
103* 103*
107* 105*
Special
Jan
1
2..
STERLING EXCHANGE FOR
3
days.
Holiday.
4 85*@4.86
4.83*@4. 84
3..4.83%@4. 81* 4.85*@4.86*
4..4.83*@4. 84* 4.85*@4.86*
5..4.83%@4 84* 4.85*@4.86*
0. 4.83*@4 84*
4.85*@4.S6/,
7
more
natural
“
“
.S.,
8..4.83*©1. 81* 4.8o*@4.S6*
9..4.83*@4. 84
4.85*@4.8G
10. .4.83*tf@4. 84
12. 4.83
“
“
14
15..4 83
16..4.83
Range
The
@4. 83*
@4. iS%
@4 83/,
r... ..S
©4.83*
@4.83*4
23.
“
24..4.83*@4.84
25..4.83*@4.84
“
“
4.85*@4.86
4.&4*©4.85*
4.84%@4.S5*
4.84* @4.85*
S
22.! 4! 83 " @4*. 83 */i 4.84*@4.85*
4.8J,*@4.8t " 4.8- @4.86
“
“
4.84*@4.85/,
4.81*@4.85*
“
.
“
4.64*@4.85*
4.84*@4.85*
i8
29!.4.83*@4.8l*4
4.85*@4.86
4.65*@4.86
3»..4.83*©4S4*
31. 4.63*@4.H*
4.83
4.84*©4.86*
THE DEBT STATEMENT FOR JANUARY, 1S77.
following is the official statement of the public debt
When Pay ble
Act.
5e of 1858.
Ge of 1881
June 14, ’58
Feb.
8, ’61
March 2, ’61
fts, Oregon War
6s of 1881
6s of 1881
at
J. & J.
1880 J. & J.
1 81 J. & J.
1881 J. & J.
1881 J. & J.
1904 M.&S.*
1885 M. & N.
18'5 J. & J.
1887 J. & J.
1883 J. & J.
1881
Q.—F.
1891
Q-M.
19J1
March 3, ’63
March 3, ’64
March3, ’65
March 3, ’65
March 3, ’65
March 3, ’65
July 14, ’70
July 14, ’70
July 14. ’70
bearing interest in
<*«
/vXX
Size.
a
b
d
d
d
d
d
d
d
d
Bonds Issued to
Character of Issue.
$260,000
13,806,000
$
4,609.000
945,000
126,155,700
63,165,659
21,243,700
53.751,360
141,^8,900
18,6-33,100
63,836,850
96,221,950
15,451.000
225,041,250
33,643,059
52,577,400
81,8 >2,959
138.796 259
214,347,80.)
22,022,800
2 2,452,900
10,956,950
if
uuuus are as iouows:
^a) uoupon
$16,533,470.
Principal.
Interest
pens'ns1 $14,000,090 $35,000
Authorizing
Issues.
Amount.
Prior to 1869.
Series of 1869
Series of 1374
Series of 1875
$24,623 194
209,705,83':
Old demand notes.... -! July 17, ’61 i
I Feb. 12, ’62 f
Legal-tender notes...
-j
Mar.
Certificates of deposit.. June
Fractional currency..
|
Coin certificates
8,
’72.*!
!
Aggregate of debt bearing
Unclaimed intere -t
1
3, ’63
Fifth
3, ’63..*
no
Total.
$65,422
f First
July 17, ’61 I Second
Mar.
3, ’63-{ Third
June 30, ’64 | Fourth
Mar.
....
f
July 11,’624
interest
$2,069,669
8,587,772
Interest
55,725,463
81,530,320
4, 94/21
3,116,657
3,053/41
5,807,719
9,153,097
Interest
Balance of
paid by repaid by
Outsland’g. United St’s tr’nsp’t’n.
|
Int.
paid
by U. S.
$25,SS5,120 $13,357,358 $1,268,672 $12,088,686
6,303,000
3,671,163
1,515,758
2,155,404
27,236,512 14,335,610 4,126,877
10,208,733
1,600,000
1,170,560
1,628,320
Total
925,808
699,730
44,406
829,252
39,470
881,400
890,363
789,782
9,367
$64,623,512 $34,018,923 $7,001,553 $27,014,37 0
The Pacific Railroad bonds
July 2, 1864; they
all issued under the acts of
are
July 1, 1862, and
registered bonds in the denominations of $1,000, $5,000
payable January 1 and July 1,
are
and $10,000; bear 6 per cent interest iu
currency,
and mature 30 years from their date.
Catest fllanetarn and dammercial
Sitglial) Nero a
LONDON
AT LATEST DATES*
TIMS.
EXCHANGE ON LONDON.
19.
LATEST
BATE.
,
Amsterdam... 3 months.
Autwerp
Hamburg
It
Paris
Paris
Vienna
Berlin
Frankfort
St. Petersburg
Cadiz
Lisbon
....
Milan
Genoa
Nades
Madrid
New York
Rio de Janeiro
Bahia
Baenos Ayres..
364,984,312
33,745,000
25,424/61
53,313,709
$477,533,501
8,227
12.2* @12.3*
4 £
U
....
41
•
*
.
*
@27.65
46* @47
•
i
..
Bombay
Hong Kong...
Shanghai
Penang
12.05
*5.16
20.33
25.14
•
•
•
•
•
•
•
3 mos.
short.
•
3 mos.
*
....
»
—
....
»
•
.
.
«
.
•
short.
.
Jan. 16.
Jan. 13.
Dec. 23.
•
,,,
3 mos.
60 days.
90 days.
12.58
2G.40
20.40
29 7-16
•
•
•
•
•
27.25
•
•
•
s
47.85
4.83*
25 d.
1
Valparaiso....,
J
Pernambuco..
Montevideo...
Calcutta
.
Jsn. 16.
©48*
90 days.
52* @52*
3 months. 27.70 @27.75
41
27.70 @27.75
u
•
.
44
48
27.70
*
RATE.
....
2S*@23*
<4
short.
....
20.58 ©20.62
short.
25.12* ©25.22*
3 months. 25.30
@25 35
44
12.60 @12.85
U
20.58 @20.62
4b
20.58 ©20.62
it
TIME.
DATE.
25.32* @25.37*
41
....
$902 975,400
Which Interest Has Ceased Since
Maturity.
There is a total amount of over-due debt
yet outstanding, which has never
been presented for
payment, of $10,912,510
this amount, $10,105,550 is on the “called” principal and $158,779 interest. Of
five-twenties.
Debt Bearing: no Interest.
Feb. 25, ’62
Amount
Central Pacific
Kansas Pacific
Union Pacific
Central Branch, Union Pacific..
Western Pacific
Sioux City and Pacific
30
days.
1*. 10*(7.
bl
44
Is
»
Dec. 29. 90 days.
Jan. 17.
1 U%d.
4s 2*</@?s 2*d
5s7*@*dnom.
44
6
.1 30 days.
Alexandria....'
4s
44
Jan, 16.
Jan. 12.
2*d@4s 2%d
LFrom our
11
own
Jan.
mos.
11
j Jan. 17.
44
...
Singapore..
on
Acts.
2,092,921,241
the^Paciftc Railroad Companies, Interest
as
Coupon.
Debt Rearing: Interest in Laivtul
Money.
Character of Issue.
$129,713,947
2,040,851,572
RATES OF EXCHANGE AT LONDON AND ON
registered $5,000. (&) coupon $1,000, registered
$1,000, $5,000, $10,000.
(c) $-50, $100 and $500. (d) coupon, $50,
$100, $500 and $1,000, registered, same
and also.$5,000 and $10,000.
♦Coupons of $50 and $100 bonds are paid annually in March.
On the above issues of
bonds, there is a total of $9,588,524 of interest over due
and not yet called for. The total current
accrued interest to date is
Debt
86,477.080
9,496,266
Payable in Lawful money.
Outstanding.
Registered.
|
2,229,570,519
33,745,000
JAN.
$788,822,100
3s, Navy pension, Act July 23,’68, Int. appl’donly to
$26,327,007
redemption of certificates of deposit
EXCHANGE AT LONDON—
c
coin
cam imuc ui
•
Bonds
8,227
the close of
1
1874
July&A.,’61
5s, 10-40’s
Ge, 5-20s of 1865
6s, 5-20s of 1865, new.
6s, 5-20s of 1867
6s, 5-20s of 1868
5e. Funded Loan, 1881
do.
4*s,
1891
4s,
do.
190;
Interest
Periods.
$477,533,501
Decrease of debt
daring the past month
Decrease of debt since June 30, 1876
ON—
Auth’rizing
interest
Treasury—
deposit held for
Debt bearing: interest in Coin.
Character of Issue.
',424,567
53,313,700
4.85*@4.b6
@4.84*4
appears from the books and Treasurer’s returns
business on the last day of December, 1876:
$365,050,234
Debt, less amount in the Treasury, Feb. 1, 1877
Debt, less amount in the Treasury’ Jan, 1, 1877
26..4.8i%©4.84* 4.85* @4.86
27..4.S3*@4.84/2 4.85*@4.S6
“28
“
35,000
33,745,006
“
“21
158,779
Total
3
days.
Jan. 17..4.83 ©4 83*
4.84*@4.85*
18..4.81 @4.813* 4 84*@4.85*
19..4.83 @4.83*4 4.84* ©4.85*
20..4.83 @4.83* 4.84*@4.85*
“
14,000,000
10,912,510
2
1
days.
$26,125,000
<r
JANUARY, 1877.
60
in the
provided by law
as
governed by supply and demand. There were no new
municipal loans of any consequence placed abroad,
but the Secretary of the
Treasury called in $20,000,000 more of
five-twenties, in pursuance of his arrangements with the syn¬
dicate.
days.
$1,691,797,500
.
Currency....
or
GO
44,600/)50
Coin
course as
railroad
no
•
712.3J0.450
$2,194,243,511
principal and interest, to date, including interest due
presented for payment
not
234* 210*
!59* 157
a
*934.877.0:0
Total
Total debt,
dull throughout, though showing
firmness than in December. The market
bearing
Unclaimed interest...~
Interest.
Coin—
Certificates of deposit
Fractional currency
Certificates of gold deposited
‘37* 135*
!4^
in
Total debt bearing interest in coin
Debt bearing Interest in Lawful Money—
Navy pension fund at 3 per cent
Debt on which Int. has ceased since Maturity.
Debt bearing no Interest—
Old demand and legal tender notes
105*
05*
113*
111*
114* 113 *
110* 110
111* HI*
133* 12 *
13 i* 136*
142* 140*
106/,
Saturday... ..20 106* 106/, 106*
.21
Sunday
1884.
Monday.... ..22 106*4 106* 106^ 106 ‘-g
1863.
44
Tuesday.... ..23 106 1C6* 106* 106*
1862.
100
10-0
Wednesday. ..21 106* 106 106* 106
Since Jan. 1, ’77. 107% 105*
44
Debt bearing Interest
Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4* per cent
Bonds at 4 per cent
106* 106*
.28
.
106* 106* 106* 1061/4 Monday....
103*/, 106* 106* 106* Tuesday ...
106* 106* 1C6* 106* Jan.,
4
106* 105* 186* 106*
i 4
106
105* 106* 106*
106
107
105* 106
4;
106
106
106* 108*
106* 106* 106* 106*
Outstanding.
j
1
..25 106
Friday .T...
Saturday
...
...
Recapitulation.
6k)
Date.
Monday
Tuesday
Wednesday.
[February 3, 1877
25*@25*
is. 10 7-lGd.
Is. 10 *d.
4s. 3%d.
5s. 8Xd. -
....
i7.
3
mos.
96*
correspondent.1
London. Saturday, Jan. 20, 1877.
The stock markets
during the week have been greatly wanting
in animation, and there has been some
irregularity apparent,
prices having risen and fallen iu accordance with the interpreta¬
tion which speculators and the
country in general have placed
upon the news from Constantinople. * Speculators, owing to the
uncertainty with regard to the issue of the Conference, have not
been committing themselves to any important transactions.
Even now, with the deliberations of the Conference
nearly termi¬
nated, there is not much apprehension of war, as Russia claims
that sh6 has made the question of good government in
Bulgaria
a European question, and she also avers that it Is not to
her
interest to fight with that object unaided by the other Powers.
If this be true, the Czar said at Moscow more than be
intendedf
more than he
should have judiciously uttered, as he then
cr
the reforms single-handed,
Prince Gortcliakoff is, however, astute enough to
announced liis determination to enforce
if necessary.
,
if
loophole of escape, if necessary ; but it almost seems,
no
interferes, that Turkish diplomacy has triumphed, and
that the Sultan and his advisors will have the laugh at Europe.
Two things may, however, be hoped to result from the delibera
tions of the Conference: first, peace; and, secondly, an improved
find
a
Power
administration of the
Turkish provinces.
If those ends are
will not have met in vain; °and, as it is
evident that Turkey is not so sick as some of the would-be heirs
to the Empire thought her to be, the Government have it in their
power to raise the country from an almost degraded state to a
condition which will command the respect of her neighbors and
of Europe. The period is, however, a momentous one, and the
policy which Russia is likely to adopt will obviously be anxiously
gained, the Conference
awaited, as the question of peace or war
depends entirely upon
her.
position of the Bank has not materially altered during the
week. The supply of bullion, though still diminishing, amounts
to as much as £27,355,314, against £21,981,619 last year, while
the reserve of notes and coin is £14,317,794, against £9,669,819.
Private deposits, owing to the large unemployed balances of the
bankers, are still heavy, and amount to £28,086,715, against
£19,708,224 in 1876. The proportion of reserve to liabilities is
now about 44.23 per cent, against 44.34 per cent last week.
The money market is still unchanged, and the best short
dated and three months’ bills are taken at 1£ to 1£ per cent.
There is, in fact, scarcely any demand for accommodation
for mercantile purposes, there being no disposition shown to
trade beyond legitimate means. A return to activity in commer¬
cial and financial circles is still impeded by the prolongation of
the deliberations of the Conference, and by the state of suspense
which naturally exists. Much as the community hope for, and
are sanguine enough to believe in, peace, yet, they are quite
indisposed to regard such a result as a certainty, but would, on
the contrary, prefer to await defin te news before committing
themselves to large and speculative transactions. It is to be
borne in mind that the country is only just emergiug out of
serious trouble, both in the world of commerce and finance. The
mercantile position is now regarded as sound, and it is generally
Annexed is
a
of the Bank
showing the present position
statement
Consols,
Middling
England, the Bank rate of discount, the price of
quotation for English wheat, the price of
Upland cotton, of No. 40’s Mule twist, fair second
and the Bankers’ Clearing House return, compared
four previous years :
1876.
1875.
1874.
of
the average
1873.
£
Circulation, including
24,4-6,411
bank poet biHs
Reserve of
£
£
26.172,662
4,H54,041
20.586,533
26,528,012
3,921,933
27,631.512
23.386.556
3,955,536
notes and
14,556,019 12.283,231
in
both departments.... 24,6uS,40i 21.073,395
and bullion
4 p. c.
92 *
55s. 9d
Bank-rate
Consols
English wheat
Hid. Upland cotton
No.40 mule twistfair
9 15-16d.
2d
quality
Clearing House return
The
19,708,224 £8,086,715
15,148,922
15,358,310
17,094,061
18,267.876
17,676,106
11,321,833
9,669,819
14,317,794
22,524,618 21,981,619
27,355,214
15,783,960
3V% p. c.
92X
i p. c.
5 p. C.
92*
62s. 6d.
44s. 6d.
93*
44s. 7d.
8 l-16d.
7 1-ltid.
l*d.
ll*d.
la.
Is. 3.1.
4,623,555
19.675.471
112.875.000 13;,1ST,000
following are the rates
Hamburg
Berlin
Frankfort
Vienna and Trieste...
Madrid, Cadiz and Bar
celona
Lisbon and Oporto...
St. Petersburg
4
4
4
2*
leading cities
4*
2*
2*
4*
6
6
6
8
5
8
rate.
per
.
cent.
market
cento
per
2
2*
Brussels
and
4
Rome
2*
Open
Bank
Turin, Florence
3
ll*d.
149,190.000 128,128,000 106,152,000
of discount at the
percent.
95*
51a. 3d.
7d.
Is. Od.
Bank Open
rate., market.
per cent,
3
3
2 p. C.
6\d.
abroad:
Paris
Amsterdam
1877.
£
coin
Coin
quality,
with the
£
8,282, 177
18,577,751
Government securities. 13,270,325 14.795,266
17,897.530 16,719,158
Other securities
Public deposits
Other deposits
The
believed that only an assurance
103
THE CHRONICLE
3, 1877.]
Ftb nary
4
Leipzig
Genoa
Geneva
New York
Calcutta
5
3
3
5
.
Copenhagen.
..
.
10
5
•
•
•
•
5
remittance to the East having
improved, the silver market has been very firm, and the price of
fine bars is now 57|d. to 581. per ounce.
The weekly sale of bills on India was held at the Bank of
England on Wednesday. The amount allotted was £350,000,
£339,900 being to Calcutta, and £110,100 to Bombay. Tenders
on
both Presidencies at Is. 10 5-16d. for
transfers, and Is.
10£d. for bills will receive 12 per cent, and above that price in
full. Those prices exhibit a further improvement in the demand
for the means of remittance to the E.-ist, the rate for bills on
Wednesday last having been Is. lQd. the rupee.
The wheat trade, though wanting in animation, is decidedly
firm in tone, and good dry wheats, which are scarce, are advanc¬
that there will lea permanent ing in price. The protracted wet weather has had" a very
The demand for
the means of
wheat, notwith¬
while the
market in
consequently,
is wanted to give a stimulus to renewed activity and injurious influence upon the English crop of
standing that it was harvested in good condition,
prosperity. Financially, the position is not so satisfactory, as
Scotch crop, which was badly secured, is coming to
a
Turkey and Peru are still defaulters, while the financial position
state very unfit for milling purposes.
a
There is,
of Spain and Egypt is not such as to promote much
mixing
confidence. There is, nevertheless, some improvement, and strong demand for parcels of wheat suited for
a
perhaps when peace and quiet are restored, the financial resources damp English supplies, and hence, the value of
tinct upward tendency.
these
will
continue
That
of those countries will improve. The difficulties the country has
seems pretty certain, as there are no indications of a
had to contend against having been so recent, it can be scarcely
the weather ; and we cannot, therefore, expect there
expected that merchants will quickly embark in a bold policy .
especially as the conference is yet undissolved, and as uncertain¬ any improvement in the condition of the supplies
ties still exist regarding the political future.
Financial enter¬ produce. Hence, holders of good dry and hard
are
prise is almost out of the question, except it be in connection just now a fair command over the market,
raising
their
pretensions.
In
a
short
time,
however,
we
with countries, corporations or companies enjoying good credit.
larger
indeed,
supplies
California
receiving
and,
liberal
of
These do not seem to require money just now, and as the public
and these will no doubt supply a void which seems at the moment
ar9 only willing to trust their savings to safe keeping, capital
remains unemployed and abundant.
A new loan for Portugal is rather difficult to fill up; but millers are operating very cau¬
tiously, awaiting these supplies, and to this fact the
spoken of for £6,000,600, at a price to yield £3,000,000 in a three
Notwithstand¬
the trade must in a great measure be attributed.
per cent stock ; but it is understood that a contractor has not yet
some
been selected. This is the only loan spoken of at present, but it ing the firmness which has characterized the trade
would not be surprising, if peace is assured, if Russia endeavored past, the supplies of wheat afloat are diminishing
increasing, the shipments from the Atlantic ports of the
to raise money in Western Europe.
States having been upon a comparatively small scale.
A good deal of the gold sent away from the Bank this week is
stocks of foreign wheat in the United Kingdom have also been
understood to have been in connection with the interest due on
reduced considerably, and there is much reason to believe, there¬
the Egyptian debt.
The money for the payment of that interest
tone
fore, that, even apart from political considerations, a
was remitted to, or was otherwise held by, the Bank of England,
will pervade the trade for some time to come.
and the necessary proportion has be6n in course of transmission
well known, are very great, and had it not been that
to Paris for the benefit of the French bondholders.
There is.
stocks of wheat on hand at the • close of August last
however, a demand for gold for Germany and other places, and
were
very considerable, the rate of importation for
it is expected that the supply of bullion will be further dimin¬
current season would have been far below our requirements.
ished. The mercantile demand for money, however, being light,
At the present moment the prospect with regard to
the rates of discount are as follows:
less satisfactory than it was at the commencement of the season, for
Fer cent. | Open-market rates:
Per cent.
the supply of wheat afloat is by no means great,
Bank rate
2 j 4 months’bank bills
Open-market rates:
1 6 months’bank bills
i
vast are our wants, while not ouly has a large inroad been
30 and 60 days’ bills
1*1 4 and 6 months’ trade bills. .. <a...
3 months’bills
!
into the accumulated stocks of foreign produce at our outports,
peace
with the
these has dis¬
in request
change in
will be
of home-grown
foreign wheats have
and they naturally
shall be
produce,
quietness of
time
for
rather than
United
The
firm
Our wants, it is
the
the
supplies is
allowed by the joint-stock
houses for deposits are subjoined:
The rates of interest
discount
Joint-stock banks
Discounthonsesatcall
Discount houses with 7 days’ notice
Discount houses with!4 davs’notice
banks and
Per cent.
nil<gH
*©*
considering how
made
but
very considerable proportion of our home crop has been
con
sumed. In fact, the English crop, owing evidently to the finan¬
cial necessities of the farmers, who have for two seasons sold
their wheat at a low price, has been marketed very freely, and it
is quite clear that for the remainder of the season the deliveries
a
104
THE
CHRONICLE
at market must be small.
It now remains to be seen liow far
the present firmness of the trade will have the
effect of augment¬
ing the supplier of wheat afloat.
it
ants
would
seem,
American farmers and
either but little,
have
to
sell, or else they are strong believers in
prices, and, favored as they are with an easy
disposed to hold out
nevertheless, be borne
our
for
more
on
no
.
that from the countries bor¬
will be in the
not at
present any prospect
of supplies
exceeding our great requirements, and consequently
it would take but little to stimulate a
further upward movement
Sat.
d.
23 6
10
Mon.
0
8
10
10
11
8
0
25
9
37
6
fives at Frankfort
s.
d
23
10
10
10
11
25
37
6
0
s.
Wed.
d.
0
0
8
6
Thnr,
d.
8.
23
10
10
10
7
10 11
25 9
37 6
0
9
....
report of cotton.
Tues.
8
8
Beef
Sat.
d.
.# tc. 80 0
Mon.
8.
(prime mess)
.
Pork (W’t. mess)
#bbl
Bacon (l’g clear mid.)# cwt
Lard (American).... 41
Cheese (Amer’n fine) 44
69
0
42
6
52
70
0
0
s.
d.
80 0
69 0
42 6
52 0
70 0
s.
Liverpool Produce Market.—
in
prices, especially as regards those descriptions of wheat which
are suited for
mixing purposes, as the demand for them must Rosin
(common)... #cwt..
continue to be pressing as
(fine)
44
long as the present damp weather lasts.
Petroleum(reflned).... # ga!
Partly owing to the wet weather, which
greatly impedes
(spirits)
44
threshing operations, but arising chiefly out of the fact that a Tallow (prime City)..# cwt.
Cloverseed (Am. red).. “
large proportion of last year’s crop has already been
44
marketed, Spirits turpentine
44
Sat.
s. d.
6 6
10 6
the deliveries of home
grown wheat at the
42
75
Mon.
Wed.
Thur.
d.
0
0
6
0
0
e.
80
69
42
52
70
Tues.
s.
d.
s.
6
10
3
6
10
6
17%
11%
11%
34
s.
23 0
10 0
10 8
10 7
10 11
25 9
37 6
Fri.
d.
23
10
10
10
10
25
37
0
0
8
(i
3
3
6
Fri.
d.
80 0
68 0
42 0
52 0
70 0
s.
8.
d.
80
63
42
52
0
0
0
0
70
0
*
18
44
d.
S3 0
10 0
10 8
10 7
10 11
25 9
37 6
.
Tues.
d.
80 0
69 0
42 6
52 0
70 0
8.
were :
....
Liverpool Provisions Market.—
war, somewhat
time it must be admitted that there is
new
103%
s.
Flour (extra State)
#bbl
Wheat<R.
W. spring).# ctl
“
(Red
winter)...
“
44
(Av. Cal. white).. 41
“
(C. White club)... “
Jorn(n.W. mix.) # quarter
Peas (Canadian) # quarter
supply
spring, should there
important supplies, as they will have heavy
losses to repair, and
grain will be one of the most marketable
articles of produce
they will be able to dispose of. At the same
he
103%
.
in mind that the countries which
the Black Sea there
new fives
Liverpool Ootton Market.—See special
Liverpool Breadstufls Market.—
merch¬
money market, are
remunerative terms.
It must,
wants have become numerous
;
dering
The quotations for United States
U. S.
comparatively,
higher range of
a
[February 3, 1877.
0
42
0
75
6
33
Wed.
d.
3
6
42
75
d.
3
6
17
11
0
0
33
0
b.
6
10
17
11
42 0
75 0
33 6
0
0
6
Thur
Fri.
d. e. d.
6 3
6 3
10 6
10 6
17
17
11
11
42 0
42 0
75 0
75 0
32 6
32 6
.
8.
London Product and Oil Markets.
principal markets of
England and Wales were only 34,063 quarters, against
Sat.
Mon.
43,412 quar¬
Tues.
Wed.
Thnr.
Fri.
ters ; while in the whole
£ s. d. £. s. d. £ s. d.
£ s. d. £ 8. d.
£ 8. d.
Kingdom it is estimated that they were LinsMc’ke(obl).$l tt.io
10 0 0 10 0 0 10 0
0 0
10 0 0 10 0 0
136,300 quarters, against 173,700 quarters.
-51 6
51 6
51 6
Since harvest, the Linseed(Calcutta)
51
51 6
51 G
Sugar
(No. 12 D’ch std)
deliveries in the 150 principal markets have amounted
on spot, # cwt
to 988,000
30 0
30 0
30 0
30 0
30 0
30 0
Sperm oil
# tun.. 89 0 0
89 0 0 89 0 0 89 0 0 89 0 0 89
'quarters, against 924,577 quarters ; and it estimated that in
0 0
the Whale oil
“
35 0 0
35 0 0 35 0 0 35 0 0 35 0 0 35 0 0
whole Kingdom they have been
26 3
26 3
3,952,000 quarters, against 3,698,- Linseed oil....# cwt.
26 3
26 3
26 3
26 3
300 quarters in the preceding season. The increase
this season,
over its
predecessor, now amounts, therefore, to 253,700 quarters.
attb
It is estimated that, without
reckoning the supplies furnished ex
granary,.the following quantities of wheat and flour have been
Imports and Exports for the Week.—The
imports this
week show a decrease in
placed upon the British markets since last harvest:
dry goods and an increase in general mer¬
chandise. The total imports amount to
$5,641,431 this week,
1876-7.
1875-6.
1874-“.
1872-1.
against
$5,196,030 last week, and $6,985,332 the previous week.
cwt.
cwt«
cwt.
cwt
Imports of wheat
14,330,223 24,801,381 15,581,891 18.165,486 The exports amount to $5,535,160.thiB week,against $6,375,186 last
Imports of flour
2,256,631
2,670,361
week, and $6,497,867 the previous week. The
3,085,853
2.367,639
Sales of home-gro ^n produce
exports of cotton
17,784,100 16,642,500 22,259,100 20,237,500 the
past week were 7,553 bales, against 9,207 bales last week.
Total
34,420,962 44,014,142 40,925,844 40,770,625 The tollowingare the imports at New York for week ending (for
Exports of wheat and flour
659,003
100,193
163,632
1,508,366 dry goods) Jan. 25, and for the week ending (for general mer¬
—
.
®ommercial
Result
.33,861,959
43,913,944
Average price of English wheat..,. 48s. 2d.
The following figures show the
46s. 8d.
chandise) Jan.26
40,757,162
39,262.250
45s. Id.
61s: lOd.
imports and exports of cereal
United Kingdom since
harvest—viz.,
produce into and from the
from the 1st September to the close of last
week—compared with
the corresponding
periods in the three previous years:
Wheat
cwt.
Barley
Oats
Peas
Beans
Drygoods
General merchandise...
Indian Corn
Flour
24,801,281
4,410,269
4,183,001
6738,579
1,438.634
7,962,392
2,570,361
1874-5.
Total for the week.
15,580,891
6,916.289
3,681,331
830,642
959,650
4,537,343
3,035,853
1873-4.
18.165,486
3,513,978
3,497,232
348,980
2,198,568
cwt.
Barley
Oats
Peas
Beans
Indian Corn
Flour
542,476
10,815
10,2C3
1G3,C09
6,725
4,190
64,049
11,200
15,325
218,391
16,527
13.983
8,397
133,277
138,879
47,518
10,162
1,018
32,734
533
71,604
30,4U5
74,316
It is Btated that the dispute in the
Lancashire cotton trade is
likely to be protracted.
Joint Committee
On
Wednesday, another meeting of the
held in Blackburn to consider the
sixteen
proposals of the operatives, which had been submitted as a set¬
tlement of the dispute, and in order to
avert a lock-out.
All
those conditions the masters
they would
The operatives will shortly
increase the average list of
wages.
hold a meeting.
as
The master cutler at
Since Jan. 1
U.8.6S
“
(5-208,)’65(old)105%
“
JU. 8.10-408
1867... 109%
New 5s. ••aw•»••••
•«
110%
107%
Moo.
110%
107%
Tues.
95 15-16
95 15-16
105%
110
Wed.
95 15-16
95 15-16
105%
110
11C%
110%
107%
107%
Thnr.
95 15-16
95 15-16
105%
*n
$20,781,189
$16,744,402
Fri.
95 11-16
95 11-16
105%
110
110
110%
107%
107%
110%
1877.
$5,670,726
$5,535,160
16,854,592
14,231,815
corresponding figures
years:
Liverpool
...Silver bars
Mex. silvef coin.,
Total since Jan.
Same time in—
1876
1675
1874
1873
1, 1877
Jan.
..
$l,c66,039
|
|
Same time in—
1870
follows
3.190 309
..
25—Brig Excelsior
1 aguayra
periods have
..Silver coin
...Silver coin.
Gold coin
$50
.
Aspiuwall
Gold com
Gold coin
Silver coin
Bermuda
Gold coin
Gold bullion
Gold coin
Bremen
Hamburg..
...Gold coin
Total for the week
Previously reported
Total since Jan.
Same time in1876
-7
1875
1374
..
1873
1872.
-•
1, 1877
$398,210
Same time in1871
1870
132.3*2
94.712
116.939
1868
107,189
186'
1869.
2,827,804
same
:
Bremen...
..Aspiuwall.
$971,491
3,214,379
7,149.331
imports of specie at this port during the
as
60,030
$2,932,693
9.804,323 I 1869
2,660.508 11868.
7.4f2,732 | 1867
1,540,30111866
3,405,5**1 J
The
$152,863
$212,863
758,623
Previously reported
Jan. 27—Str. Wieland.
of
1873.
15,374.522
markets of London and Liver¬
pool for the past week have been reported, by cable, as shown
the following summary:
London Money and Stock Market.—The
bullion in the Bank
England has decreased £580,000 during the week.
1875.
$3,611,472
13,132,930
Jan. 24—Schr. B. J. Willard
Jan. 24—Str America
Jan. 24—Str. Acapulco
English market Reports—Per
Cable.
96
96
105%
109%
$23,032,492
17,441,061
Total for the week
Jan. 22 -Str. NeCkar
Jan. 23—Str. Etna
.95%
account..95%
$27,700,934
City of Berlin
as
Consols for money.
“
$25,833,137
Jan. 27—Str.
been
Sat#
$25,645,597
previous
an
closing quotations in the
$5,641,431
for several
bad, he would take
oarly opportunity of returning to the previous rate of
pay,
improving business would justify it.
The daily
$5,406,869
22,294,115
$19,902,541
$22,389,752
The following will show the
exports of specie from the port of
New York for the week
ending Jan. 27, 1877, and also a com¬
parison of the total since Jan. 1, with the
1878
1871
was
19,087,881
1874.
Sheffield, the other day, addressed his
work-people, and mentioned to them that as they had accepted a
Teduction in their wages when trade
$6,750,253
$5,406,967
Previously reported....
was
absolutely rejected,
3,916,263
EXPORT8 PROM NEW YORK FOR THE WEEK.
31.919
46,060
7,1*9
3,638,211
1817.
Jan. 30:
2,367,639
1,434,050
$1,725,163
report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the
exports (exclusive of specie)
from the port of New York to
foreign ports, for the week ending
For the week
91.801
1876.
$1,965,175
3,421,694
our
6,698,353
EXPORTS.
Wheat
1875.
$3,062,042
$5.881,972
19,761,623
Previously reported....
In
1874.
$2,727,250
3,156,722
Since Jan. 1
1875-6.
14,380,228
5,473,047
4,243,701
639,844
1,709.392
14,176.656
2,256,634
:
POREIGN IMPORTS AT NEW YORK FOR THE
WEEK.
IMPORTS.
1876-7.
ftlisceUanrous Nrws.
962
963
6,220
60,831
2,163
2,563
542
63
260,550
$334,907
911,819
$ 1.246,726
$194,774
2 030,038
6'0,794
137,616
155,514
-
Feb.uary 3, 1K7.J
THE CHRONICLE.
&f)e Cankers’
Tlie United States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
National Bank of Lawrence, Massachusetts.
Authorized capi¬
tal, $103,000; paid-in capita), $100,U00. James H. Kidder, President;
Wm H. Jaquith, Cashier. Authorized to commenc^business January
30, 1877.
DIVIDENDS.
The following Dividends have recently been announced :
„
When
P’ablk.
ir’KR
Company.
Cent.
Railroads.
Cedar Rapids & Missouri River (quar.)
do
do
pref
North Carolina
3%
Feb.
Feb.
1
1
3
2
Feb.
27
1
Pennsylvania (quar.)
Banks.
Bank of the Manhattan Co
3%
Insurance.
St. Nicholas
Miscellaneous.
Iowa Railroad Land Co. (quar.)....
5
Feb.
'
Ftb.
1
.
.
BOOKS is LOS HD
(Days inclusive.)
Feb. 10
Feb.
8 Feb. 1 to Feb. 27
4
..
National Bank of the Republic
1
1
FRIDAY, FEB. 2, 1877-6 P. JR.
Tlie
Money Market and Financial Situation.
58.10-48.
Closing prices daily have been as follows:
®autte.
NATIONAL BANKS ORGANIZED.
2 347—Pacific
105
A
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Int. period.
31.
1.
27.
2).
30.
6s, 1881
reg.. Jan. & July. 114
118% 113% 112% 112%
6s,1881
coup...I an. & July. *114% 114
111% 113% 113%
Called bonds
May & Nov.
6s 5-20s, 1865
reg..May &Nov. 109
101% *108% 108% *107%
6s, 5-20s, 1865
coup..May & Nov.*109
103% *103% *108% *107%
6s, 5-20s, 1865, n. i...reg.. Jau. & July.*110% *110% *110% *110
*109%
6s, 5-*20s. 1865,n.i..coup..Jan. & July. 110% 110% 110% 110
109%
6s, 5-20s, 1867
reg..Jan. & July. 114% 113% 111% *113 , 112%
6s, 5-20s, 1867
coup. .Jan. & July. 113% 113%
1:3% 113
112%
5s, 5-20s, 1868.
reg..Jan. & July.*117 *116% 116% *116 *115%
6s,5-20s,1863
coup.. Jan. & July. 117% 116%
116% 116 *115%
reg..Mar. & Sept. 114% 114
*113% 113% xll0%
coup.. Mar. & Sept. 114% 114% 114
114% 113%
5s, funded, 1881
reg..Quar.—Feb. Ill
110% 110% 110% 110%
5s. funded, 1881... coup..Quar.—Feb. 112% 111% *111% *111% xll0%
4%s, 1891
reg..Quar.—Feb.*10i% 107% 107% 107% 106%
4%s. 1891
coup.. Quar.—Feb
6s, Currency
reg..Jan. & July.*123% *123% *123
.... *123
*
This is the price bid; no sale was made at the Board.
The range in prices since Jan. 1, 1877, and the amount of
class of bonds outstanding Feb. 1,1877, were as follows:
/—Range since Jan. 1,1877
I
Lowest.
Highest.
112% Feb. i; 114% Jan.
113
i 114% Jan.
Feb.
103% Jan. 29 109% Jan.
109% Jan. 10 110% Jan
112% Jan. 11 114 Jan.
114% Jan. 11 117% Jan.
110
1 114% Jan.
Feb.
112% Jan. 8 114% Jan.
110% Feb. 1 112% Jan
106% Jan. 31 108% Jan.
*108
*108
*109%
109%
112%
112%
*115%
115%
*110%
113%
110%
110%
107
123%
each
Amount Feb. 1.
,
,
Registered. Coupon.
$193,713,000 $
1881
reg.
1881
coup.
5-20s, 1865
coup.
5-20s, 1865, new..coup.
5-20s, 186?
coup.
5-20s, 1863
coup.
10-40s
reg.
10-40s
coup.
funded, 1881
coup.
4%s, 1891
reg.
4%s. 1891
coup.
6s, Currency.
reg. 121% Jan.
6s,
6s,
6s,
6s,
6s,
6s,
5s,
5s,
5s,
2.
112%
*118%
89.C 23 350
18,633,100
63,865,850
96,224.950
15,451,000
141,983,900
81.802,950
138,79S, 250
214,397,800
22,022,800
52,577,466
flurry
225.041,250 292,452,900
in gold and government bonds was occasioned this week by the
33,643,050
10,956,950
64,623.512
reports from Washington that President Grant was about to send
3 123% Jan. 25
n, message to Congress recommending a speedy resumption of
state and Bailroad Bonds.—•Southern
State bonds
are
specie payments. Gold fell to the extraordinary figure of 104$, generally strong, and Louisiana consols were G3 bid to-day at
the New York Board.
South Carolina consols are also strong
and government securities declined sharply in sympathy.
and quoted at 57@58$.
Tennessees sold to-day at 43 for old
Hon. John Jay Knox, Comptroller of the Currency, furnishes
bonds.
the following statement, showing the issue and retirement of
Railroad bonds have shown only a moderate activity, but
national bank notes and legal tender notes, under the Acts of prices of good bonds, unclouded by suspicion of default or
litigation, are generally strong. In the Ohio and Mississippi
June 20, 1874, and Jan. 14, 1875, to Feb. 1,1877:
matters it is said that argument will be heard on the 14th inst.,
NATIONAL BANK NOTES.
at Chicago, on the petition for removal of receivers, &c.
In the
Outstanding when act of June 20. 1874, was passed
$349,894,182 Milwaukee & St. Paul suit now before the courts, the
legality
of
Issued from June 20, 1874, to Jan. 14,1875
$4,734,590
Redeemed and retired between
same
dates
Increase from June 20,1874, to Jan.
tlie sale of the old La Crosse & Milwaukee road is called in ques¬
2,767,232
14,1875
1,967,263
Outstanding Jan. 14. 1875
Redeemed and retired from Jan.
Surrendered between
same
$351,861,459
14, 1875, to dale
$46,836,3>1
7,361,456
dates
Total redeemed and surrendered
Issued between same dates
$54 197,757
21,268,985
Decrease from Jan. 14, 1875, to date
National bank notes
32.928,772
outstanding at date
$318,932,678
GREENBACKS.
On deposit in the Treasury June 20, 1874, to retire notes of insol¬
vent and liquidating banks
Greenbacks deposited from June 20, 1874, to date, to retire
National Bank notes....
Total
$3,813,675
63,948,604
deposits.
$67,762,299
National bank circulation redeemed by Treasurer between same
dates without reissue
49,603,533
■Greenbacks on deposit at date
Greenbacks retired under act of Jan. 14, 1875
Greenbacks outstanding at dat?
$18,158,746
17,015,188’
364,981,812
Our money
market grows easier as the banks accumulate
funds, which they are at a loss to know liow to use.
Call loans
are freely quoted at 3@4 per cent., and prime paper at 4$@5|.
The Bank of England statement on Thursday showed a decline
in specie of £580,000 for the week, and the discount rate remained
unchanged at 2 per cent.
The last statement of tlie New York City Clearing-House banks,
issued January 27, allowed an increase of $513,800 in the excess
above their 25 per cent, legal reserve, the whole of such excess
being $24,781,800, against $24,268,000 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years:
1877.
Jan. 27.
Jan. 20.
:
Differences.
5
1876.
Jan. 29.#
1875.
Jan. 30.
Loans anddis.
$252,411,900 $253,156,100 Inc.. $744,200 $262,*07,000 $286,452,800
Specie
40,974,900 40,187,000 Dec. 787,900 22.481,700
17,180,600
Circulation...
15,495,900 Inc..
15,491,960
4,000
17,757,300
23,801,800
Net deposits.. 227,342,800 230,62*>,600 Inc.. 3.282,800 220,023,900 236,191,200
Legal tenders. 40,123,800 42,251,200 Inc.. 2,122,400 48,039,000 57,861,600
United States Bonds.—The market for
governments became
demoralized in sympathy with tlie decline in gold, on the reports
Washington that President Grant was preparing a message
resumption of specie payments. Prices
fell off sharply, and the German bankers were free sellers, as the
fall in gold preceded that iu bonds and gave them a margin for
operating between this and foreign markets. Latterly, there
was some recovery, and since Thursday afternoon the feeling has
improved materially, and a steadier tone prevails at the close.
Closing prices of securities in London have been as follows:
from
to advise the immediate
U. S. 6s, 5-20s, ’865, old...
U. S. 6s, 5-20s. 1867
G. S. 5s! 10-408.....
New 5s
..
Feb.
2.
<—Range since Jan. l, ’<7.—*
Jan.
19.
Jan.
26.
105%
109%
10*%
105%
105%
105
ilO
110
108% Jan.
no%
107%
110%
107%
107%
i
Lowest.
Jan.
|
21
Highest.
105% Jan. 22
2 110 Jan. 23
108% Jan. 21 110% Jan. 27
xt06% Jan. 17 107% Jan. 16
tion, and notwithstanding the remote prospect of success, the
of that road, which has been practically worthless, has
with a temporary demand at a low figure.
The several
Pacific Railroad bills are now before Congress, but it is useless to
refer to tlieir respective provisions until it is known which one
of them, if any, is likely to become a law.
The following securities, seldom or never sold at any Stock
stock
met
Exchange,
sold this week at auction
were
:
BONDS.
SHARES.
200
7
10
200
20
10
50
13
20
24
Harlem & N. Y. Nav. Co
Park Fire Ins
Corn Exchange
Rome W. &
26
157%
$15
Fire Ins
6gdensburg..l6—15
Irving National Bank
125%
Ridgewood Fire Ins
113%
Metropolitan Fire Ins
Amity Fire Ins
Kings County Fire Ins
50
85
188
Relief Fire Ins.
90
21 Tradesmen’s Ins
15 Safeguard Fire
180
Ins
131%
City National Bank
246
50 Phenix Ins. of Brooklyn.... 167
15 Mech. & Traders’ Ins
200
53
$1,000 N. Y. County 6s, Soldiers’
Sub. R. Red., 1880
103%
1,000 Spartenburg & Un. RR.
78, 1878 and 1879, guar,
by S. Carolina, coupons
from 1868 unpaid.
36
2,500 Greenville & Columbia RR.
7s, 1881, guar, by S. Car
37
1,000 Greenville & Columbia RR.
7J, 1883
35%
5,000 Greenville & Columbia RR.
7s. certificates, 1888
36
5,000 Milwaukee & Horican RR.
10s, Land Mortg. Conv., 8
.
coupons attached
$11
300 Wabash & Erie Canal cert.
of debt
$23
BONDS.
$10,009 City of Louisville 7s, 1838,
105%
15,009 Equitable Trust Co. 7s,
Mobile Cs, 1905
45%
city of Mobile scrip
10,000 Equitable Trust Co. 7s,
issued to E. & P. RR
real est. mort
3,060 City of
134 60
for
real est mort
,$53 50
1,000 Det. & Mil. RR. 7s, mort.
conv. bond, 4 coupons un-
10,000. Reading & Columbia RR.
Istmort. 7s
101%
101%
89%
20
Closing prices of leading State and Railroad Bonds for three
past, and the range since Jan. 1,1877, have been as follows;
weeks
States.
ennessee
6s, old....
do
6s, new
orth Carolina 6s,
irginia 6s, consol
do
Issouri 6s,
do
old.
.
2d series...
long bonds
istrict of Columbia, 3-65s 1924
Railroads.
gntral of N. J. 1st consol. ..
antral Pacific 1st. 6s, gold ...
tile. Burl. & Quincy consol. 7s
bic. & Northwest’n, cp., gold
tiic. M. & St. P. cons. s. fd, 7s
tiic. R. I. & Pac. 1st, 7s
rie 1st, 7s, extended
ike Sh. & Mich. So.2d cons.cp
*42%
*42%
*79
*36
*29
*42*
21%
*76%
*79
Since Jan. 1, 1877.
Lowest.
|
Highest.
42% Jan. 23 45 Jan. 11
42% Jan. 23! 43% Jan. 6
20% Jan. 13 22^£ Jan. 6
*37% 88
104% *104% •104% 104
71% 71
73% *72%
*38
Jan. 16 38
Jan. 23 105
Jan. 21 74
*76% 75% Jan. 30| 85
107% 106 Jan. 12 108%
*110
109% Jan. 11 110%
91
Feb. 1 93%
92
92%
92%
81% 78 Jan. 26i 86%
83%
78%
108% 108% Jan. 18,110
109% *109
*109
*109% *109% 109 Jan. 15ill0
*82
*75
108%
*.,6
•
•
•
•
•
•
•
»
98
Jan.
98
Jan. 16
Jan. 31
Jan. 30
Jan.
5
Jan. 26
“
Jan. 29
2
2
2
Jan. 8
Jan. 30
Jan.
Jan.
Jan.
103% Feb.
116% Jan.
1
bid:lio sale was made at the Board.
and Miscellaneous Stocks*—The
stock market
.
is
*43%
43%
*20%
Feb.
2.
43
8
118
Jan. 17
85
Jan. 10
120
Feb. 1
102% Jan. 3
101% Feb. 2
97% Feb. 2
orris & Essex, 1st mort
Y. Cen. & Hud. 1st, coup...
tiio & Miss., cons. sink, fund
tlsb. Ft. Wayne & Chic. 1st.
Louis & Iron Mt.. 1st mort.
oion Pacific 1st, 6s, gold
do
sinking fund..
This
Jan.
26.
Jan.
101
102% *103% *103
*116
116% Jan.
♦116% *117
118
*116% 1 7% 117% Feb.
*86
81% Jan.
83% *85
117
Jan.
*117% *117% 120
93
Feb.
x98
101% *100
103% 104
104%} 103 Jan.
97% 1 92% Jan.
95%
97%
ichigan Central, consol. 7s...
‘
Jan.
19.
the price
Railroad
principal feature of the
stocks, led by Central of
ew Jersey.
As to the latter company, the immediate cause for
new break in its stock was the common report, which was
jparently not denied, that the company would go to protest on
3 obligations .unless money was raised in
some quarter to
ilieve it.
Since the meeting of stockholders held this week thb
shown no decided activity, and the
eek was the decline in the, coal road
ls
a
106
THE CHRONICLE
[February 3, 1877.
stock lias partially recovered, and it remains to be seen liow
-Latest earnings reported
Jan. 1 to latest date
1877 or
1876 or
1877 or
1876 or
freely the stockholders will subscribe to prevent the property
1876.
1875.
1876.
1875.
from going into the hands of a receiver.
The low prices of coal Chic. R. I. & Pacific.Month of Nov... {566,523 {603,345 $6,441,0C9 $6,926,046
have worked against Del. Lack. & Western and Del. & Hudson, Cm. Lafay. & Chic... 3d week of Jan..
5,752
9,366
17,265
24,873
and the prices of these stocks have been depressed. Illinois Clev. Mt. V. & Del.. .Month of Bee...
27,696
32,686
376,053
426,028
Denver & Rio Grande.3d week of Jan..
6,477
4,600
15,895
24,196
Central continues weak, and the earnings for January will be Hannibal & St. Jo.. .Month of
Nov...
178,401
169,639 1,769,121 1,509,764
looked to with some interest to see whether they compare any
Houston & Texas C.. Weekend.Dec.22
93,253
96,047 3,059,593 2,827,366
Month of Dee...
better with the previous year, than have the earnings of recent Illinois Central
503,140
679,4:34 7,050,747 7,8j2,55«
Indianap. Bl. & W...3d week of Jan..
21,236
31,330
64,404
102,940
months for some time past.
Lake Shore and Michigan Central Int. & Gt. Northern. .3d week of Jan..
35,321
29,332
108,086
1(0,198
have shared in the general weakness, and it is regretted that the Louisv. Cin. & Lex..Month of Dec...
96,350
98,908 1,130,585 1,141,994
latter company, under the new management of Mr. Sloan, has Michigan Central
139,9-7 6,493,619 6,346,784
2d week of Dec. 122,093
Mo. Kansas & Texas.3d week of Jan...
52,3'1
59,285
181,730
156,385
discontinued its reports of earnings which have been made reg¬
Sr.L.A.&T.H.(brchs) 8d week of Jan..
15,339
9,001
3«,c39
29,654
ularly before for a number of years past. The only two roads St. L. I. Mt. & South.3d week of Jan.. 102,700
94,3^2
291,100
279,226
St. L. K. C.«fc North’n.3d week of Jan..
58,511
17 L729
forming portions of trunk lines that have been accustomed to
59,064
181,352
L. & Southeastern. 2d week of Jan..
18.370
40.082
20,526
39,091
give reports of their earnings—the Michigan Central and Ohio & St.
St. Paul & S. City, &c.Month of Dec...
64,477
107,562
931,048
877,476
Mississippi—have now discontinued. The St. Pauls, Northwest, Tol.Peoria& Warsaw.3d week of Jan..
18,075
25,329
56,704
71,672
Rock Island, and Western Union Telegraph have been tolerably Tol. Wab. & West...Month of Dec... 377,221
359.284
Union Pacific
Month of Dec,..
952,852
913,151 12,818,725 11,993,882
steady on a moderate business.
Total sales of the week in leading stocks were as follows :
The Gold Markets—The
principal point of the week was the
Ohio &
Lake
West’n Central Mich. Del.L. St.Paul Pacific fall in gold on Thursday to 104£.
This further decline is attrib¬
Miss. Shore.
Union, of N.J. Cent. & W.
Mail.
pref.
uted to the Washington reports that President Grant is about to
Jan. 27
400
62.000
43,055 27,777 12,112 25,512
14,900
2,500 advise an almost
immediate resumption of specie payments,
29
700
23.710 31,435
41,203
5,000 25,3(50
400
10,400
30
950
28,9,0 20,585
27,203
4,203 41,760
610
11,800
together with the trade influences and bearish feeling in this
31
33.900
400
26.400
47,35 > 47,398
6,200 56,120
700
market which have been noticed for some time
past. There are
Feb.
100
L.t.i
2 4,450 17,6-5
33,750
6,325 24,614
3,800
various opinions here as to the course of
2
400
26,300
13.817
gold, and while one
45,400
7,500
4,900
5,600
1,800
party considers the price already abnormally low, the other side
Total
2,950 224,950 223,f65 152,330 38,737 187.213
72,900
6,110 urges that there is no reason why gold should rule at
anything
Whole stock.. .200,000 494,665 337,874 206 000 187,382 258,890 122,744 200,000
more than a nominal
premium—say 101 to 103—and that the
The total number of shares of stock outstanding is
given jd present decline is likely to be
permanent. To day, the price
the last line, for the purpose of comparison.
opened at 105| and closed at 105£. On gold loans the rates were
The daily highest and lowest prices have been as follows:
4, 4£, 3 and 34 for carrying. Silver is quoted to-day in London
Saturday,
Monday, Tuesday, Wednes’y,
Friday,
at 57fd. per oz.
Jan. 27.
Jan. 29.
Jan. 30.
Customs receipts of the week were $2,173,000.
Jan, o'.
Feb. 1.
Feb. 2.
At. to Pac.,_prf
The following table will show the course of
#"
At. & Pac. Tel.
gold, and gold
*16
16
16
16% 16%
16*
16%
16% •15*
Central of N.J
clearings and balances, each day of the past week:
28% 32%
21% 27
25% 30
*8* 28%
24% 27
25
27M
=
14
cc
....
14
♦
•
•
ftl
....
.
.
....
C. Mil. & St. P.
do
.
pref.
C. K. I. & Pac.
Col.Chlc.&I.O
Del.&H. Canal
Del. L. & West
Erie
Han. to St. Jos
do
Harlem
3*
a
65
71
*26
141
55
Lake Shore...
27
141
55
N.Y.Cen.&H.K
102
7
•122"
.
St. L. I. M.& S.
8t. L. to K. C.pf
Wab. P.C. Rrts
Union Pacific.
West. Un. Tel.
Adams Exp...
American Ex.
United States.
.
.
.
,
•
6%
•
33
35
....
103
26
*140
0/8
<5*
074
59% 62%
68% 70,%
60% 6i%
68% 69%
9%
9%
12
12,%
9%
102
12%
24% 24%
21
6%
52*
52,'4
Wells. Fargo
•S4
86
•This Is the price bid and asked ; no sale
.
75%
t8%
77
75%
104
46% 47%
101% 102%
7
25
7
25%
•
•
.
.
*
*122''
*
*
*14% i6“
12%
'7% '8%
8%
65
(4%
104%
140
51% 52%
54* 55%
*
•
....
6%
6%
61% 05
U 4
ie“
16
*10
.
14 J
*
*122“
12
.
25% 25%
6*
*24
itf*
ft
14
25
*11%
6*
25
'.6
....
i
7%
*122“
*11
....
102
12%
25
140% 140%
51% 52%
54% 5*»%
46% 47%
110* 102
55*
48%
7%
24*
9%
i.6
54*
47%
7
9%
13
26’
142
50% 51%
7
18 ‘4
ISM
4814 48$6
*34*
55* 55*
61%
69%
55%
6% 6*
64
64
64% 65%
75% 76%
75% 76%
‘104
104% 103
104%
rrfbi /
56%
67%
9%
*
5 %
47% 43%
102
102)4
18% 18%
47% 48%
*35
33%
55% 53*
101% 101%
33%
55% 56%
101% 104%
55
12%
6%
•
19
*140
5 *
....
....
73% 77%
105
)8
47% 48%
•123“
*11
.
-
,,,,
....
6%
.
..
.
....
18%
63
....
•122'*
....
....
•
47%
69% 72%
9%
9*
*12% 14
21* 24%
....
•11
61
13%
57%
53%
47% 48%
101* 102
6* 7
•
•
.
•iX,
55%
54%
7
.
55* 56%
101% 102
65%
72%
9%
*;4o“
102%
.
17%
4K%
*34%
...
24* 25%
..
....
17%
47%
34%
56%
102%
9%
*12%
54% 56%
47* 49%
Michigan Cent
Quicksilver..
<
61* 66%
70% 72%
9* 10
*12% 13
o
IllrCentral....
Panama
5
....
17%
46%
34%
55%
101%
101% 101%
pref.
Ohio to Miss...
Pacific Mall
Pacific of Mo.
....
17%
47%
35*
17%
46*
35%
56%
pref.
Chic. & North.
do
....
65
65%
76%
76% 77
104% '*104
104%
57*
5014 51
*83* 85%
was made at ttie
Total sales this week, and the
range
were as
|
.
Chicago & Northwestern
do
do
8,250,
pref...
72,900
pref...
1,200
6,010.
Chicago Rock Island & Pacific..
12,997
Columbus Chic. & Ind. Cent
100
Delaware & Hudson Canal
10 956
Delaware Lack. & Western..... 187,213
Erie...
7,53J
Hannibal & St. Joseph
1,40)
do
do
pref
Harlem....
Illinois Central
Lake Shore
N. Y. Central & Hudson River..
Ohio & Mississippi
Pacific Mail
Pacific of Missouri
Panama
6 17)4 Jan.
21% Jan. 31 37% Jan.
17% Jan. 29 21
Jani
46% Jan. 29 54% Jan.
34% Jan. 29 37% Jan.
55% Jan. 29 5s% Jail.
99% Jan. 2 102% Jan.
2% Jan. 12
3% Jan.
56% Jan. 31 74% Jan.
67% Jan. 81 77
Jan.
9% Jan. 10 10% Jan.
Feb. 2 15% Jan.
12
25% Feb. 2 30 Jan.
700
344 136
Jan.
Jun.
Jan.
Jan.
Jan.
Jan.
1* Jan.
123
150 14
...
Quicksilver
Jan.
8,095 50%
53%
38,737 45*
12.076 100%
2,9501 5%
6,110: 23%
224,950
Michigan Central
year 1876.
Highest.
!
200j 15% Jan.
152,380
Chicago Mil. & St. Paul
do
Lowest,
Low. High
1
.
Jersey..
*
Whole
-Jan. 1, 1877, to date.—
Shares
Atlantic & Pacific pref
Atlantic & Pacific Telegraph
do
Jan.
Jan.
31
65%
57%
2 50%
2,104%
Jan.
Jan.
Jan.
Jan.
2
7% Jan.
12 25% Jan.
18
3% Jan.
1<
4 128
3
19
3
3
5
23
23
22
6
4.
13
22
5
|
7
14% | 22
20% 109%
18% i 46%
49%| 84%
31% 45%
55%: 67%
98% 111%
2% i 6%
61% 1125
64% 120%
7% 23%
10% 22%
18% 33%
5
Jan. 27 130% 145
4 141
St.Louis I. M'ntain & South’n..
11% Jan. 19
St. Louis Kan. City & North, pf..
145 24
Jan. 30
Wabash Receipts..
2,513
6
Jan. 17
Union Pacific
5,465 59% Jan. 15
Western Union Telegraph
Jan. 2
223,865 71
Adams Express
581 100'4 Jon.
9
American Express
809 f.6% Jan.
2
United States Express
2,87(' 4j jau. 3]
Welle, Fargo & Co
15 84
Jan. 31
5
13
23
29
6
25
10
16
Jan. 4'
Jan. 13
13
Jan.
4
25
Jan.
13
8% Felf.
65% Feb.
2
2
78
60% 103%
68%
65%
117%
24%
39%
16
140
20%
26%
57%
Jan. 22 63%
0 5
Jan.- 21 100
58% Feb. i 55
59% jan. 4 49%
89
Jan. 2 79
earnings, and the totals from Jan. 1 to latest
dates, are given below. The statement includes the gross earn¬
ings of ail railroads from which returns can be obtained. The
columns under the heading " Jan, 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the
report mentioned
in the second column.
Alch. Top. & S. Fe..2 weeks of Jan..
$58,971
Bur. C. Rap. & North.2d week of Jan
15,427
Cairo & St. Lou is.... 2d week of Jan..
2,8)3
Canada Southern.
2d week of Jan..
25 024
Central Pacific
Month of Dec... 1,411,000
Chicago & Alton
3d week of Jan..
92,455
Chic. Bnr. & Quincy.Month ot Nov...
1,020,817
Chic.Mil. & St. Paul.,3d week of Jan..
78,000
Chic. & Northwest. .Mcnth of Dlc....
9(9,040
Weduesday. “
Thursday, Feb.
Friday,
Current week.
Previous week
Jan. 1 to date
.,
19,811,00)
40.459,000
36,647,0 0
40,101,000
42,919,000
2,0-7,851
1,305,5 0
2,010,4 96
106% 104% 106% 105% $204,554,000
$~~~
106%
106
106 ve
106%
107% 104% 107% 105%
.
The following
American coin:
are
the
$4 85
@$4 83
X Guilders
3 87
4 73
3 90
16 25
15 50
@
@
Spanish Doubloons.
Mexican Doubloons
Fine silver bars
Fine cold bars
124
133,695,000
3 94
4 80
@ 4 10
S 16 50
@ 15 63
(ft
124%
1,214,454
2,468,155
2,217,240
1.886,424
2,130,194
$
ij 328,184
1,246,651
quotations in gold loi
Sovereigns
Napoleons
X X Reichmarks....
1,196.149
2,2:2,965
! Dimes & half dimes.
Large silver, %s &%s
Five francs.
Mexican dollars.
foreign and
—
—
English silver...
Prussian silv. thalers
Trade dollars.
—
—
94%@ — 95%
94%® — 95%
93 ~@ — 95
99% (g) -100%
83
65
99
@
@
on
a
4 85
par@%prem.
small
Exctpt for the purchases by bankers who import bonds,
there would be very little
doing. On actual business to day the
rates were about 4.84^ for prime bankers’ 60
days’ sterling, and
4 86 for
demand.
exchange the following were rates on New York
to-day at the undermentioned cities : Savannah, buying par,
selling l(u)± premium ; Charleston, -easier, buying i@f, selling
1-16 par.; Cincinnati, quiet and
steady, buying par, selling 1-10
premium ; Chicago, par to 25 premium ; St. Louis, 50 premium ;
and New Orleans,
commercial, par@l-32 premium, and bank 4
premium.
Quotations for foreign exchange are
follows:
as
—Feo. 2
Prime bankers’ sterling bills on London....
Good bankers’ and prime commercial
Good commercial
Documentary commercial
Paris (francs)
Aniwerp (francs)
Swiss (francs)
Amsterdam
(guilders)
~
...
The transactions for the week
as
Receipts.
Jan.
27
“
29
“
30
“
31
Feb. 1
“
2
$195,000
470,030
Total
Sub-Ti tasury.-
562,000
295,003
232,000
419,000
1,252,345 16
Balance, Jan. 25
Balance. Feb. 2..
at
Receipts.
Gold.
Currency.
$207,805 34 $1,165,221 81
530,431
665,633
340,439
1,298.S17
12 173,000
3 days.
.84% @4.85
4.85% @4.86%
.83% @4 84%
4 85
@4.86
.8 2%@4 83%
4.84 @4.S5
.82 @4.83
4.83%@4 84%
.20 @5.17%
5.17%@5.15
.20 @5.17%
5.17%@5.15
.20 @5.17%
5.17%@5.15
@ 40%
40* @ <40%
9 >%@ 95%
94%@ 94%
94% @ 94%
95%@ 95%
94*@ 94%
95%@ 95%
94%@ 94%
95% @ 95%
the Custom House and Sub
follows:
Custom
House
-—
days.-
*n
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)......
Berlin (reichmarks)
Treasury have*been
60
39
9.3,3 9 54
19
30
945.436 (0
594,620 95
00
583,586 15
719,405 54
Payments.
Currency.
Gold.
$351,4o5 71
7,3*,264 28
161,465 62
‘503,775 13
196,931 52
1,5’.4,0.9 42
$465,339 88
760,916 52
514,289 84
493,233 83
675,890 72
1,205,434 47
$4,295,474 38 $4,051,639 99 $3 472,941 68 $4,115,155 56
68,523,154 93 4^,166.259 88
69.345,687 54 43,002.144 31
California Mining Stocks.—The
following prices, by telegraph, are fur¬
nished by Messrs. Wm. W. Wakeman & Co., 36 Wall
street, N. Y.:
21
Alpha
Consol. Vir.. 4£
Justice
14
Savage
8
Belcher
.
Latest earnings reported.
1:77 or
1870.
.
..
“
33
The latest railroad
*
Tuesday.
In domestic
Sales
of w’k.
Central of New
Saturday, Jan.
Montiay,
-Balances
Exchange.—Foreign exchange remains steady
in prices since Jan. 1,
follows:
Total
Gold. Currency.
Clearings.
$24,617,000 $1,704,573 $1,971,470
demand.
Board
t Assessment paid.
1876,
Quotati ons—
Op’n Low.-High Clos.
106> 106%! 106% 106%
106 ' 105%'106
105%
105% 105% j. 05% 105%
10.5% 10.5% i 105% 105%
105% j 104% 105% 105
105% [ 105
1C5 105%
/
1876 or
1875
,
Jas. 1 to latest date.
1877
or
1876 or
1875.
$50,484
{58,971
$50,484
22,533
35,416
38,807
0,130
7,445
12,054
34,707
50,543
02.496
1,338.2 !9 18,110,795 17.035.003
67.478
247,581
224.915
1,040 538 11,177,830 10,914.980
127,05^
242,000
367,243
t3 ,339 1.2,407,540 1
?,811,227
8
Best & Belc. 35
Caledonia.... 10
California
46
Crown Point, f
Eureka Cons. 1<
Gould & Cur. 15
Hale & Norc. !
...
Chol’rPotosi 69
Bullion
487,86-.
Texas
State
Kentuck
Mexican.
...
Ophir
8
18
26
Overman
....
93
Sierra Nev.
Silver Hill...
Union Consol
Yel. Jacket.
Imperial
Ray’d & Ely. 4
shipments to Jan. 25—Consolidated Virginia, 275,138: California,
.
Securities.—Messrs. Forster, Ludlow & Co., 7 Wall st., quote:
State 1 Os, pens §104 110 Dallas 10s... 87%
109
6s of 1892... §93
109%
96 8. Ant’io 10s
Austin 10s.... 95
193
G.H.&S.6s,g. 85
7s,gld §105
7s,g.30 yrs §105%
10s, 1884.. §101
§ With interest.
.....
90
90
New York
for the
27, 1877:
Associated BankB of New York City
of business on Jan.
week ending at the commencement
-AVKKA.es AMOUNT OF
Clrcnla
Legal
Net
Capital. Discounts. Specie. Tenders. Deposits.
$1,227,500
$12,529,200
$3,000,000 $9,ob",106 15,367.700
6,046,200
6,222X00
762,1(0 2,046,800
2,050,000
Manhattan Co
5,950.000
48 >.200
7.S97.3HJ 1.648,900
3,000,000
Merchants’
5.180,3.0
7(6.700
821.400
6,611.< 00
2,000,008
Mechanics’
3,705.(00
725.500
983.900
4.1 91,200
1,500,000
Union
^.716.406
1,374,500
2,Sn,9'0
3,000,000
8.301.600
America
4,(43.000
605,000
972.000
3.209.000
Phoenix.
1,000.000
4,519.000
1,392,000
2.059,600
5.739.1! 00
1,000,000
City....
1.951.700
229.800
27'',U0
8.283.500
Tradesmen’s
1,000,900
1,293.3 JO
723.800
135,5’JO
1,399,000
Fulton
600,000
9,099,400
1,438.900
1,099,(00
8.639.5.0
Chemical
800,000
8,(30,400
413,000
591.200
8.33S.000
Merchants’Exch...
1,000,000
2.272.700
325.800
512,800
3,950,300
Gallatin, National..
1,500,000
1,277.000
830,000
51,000
1.119,000
Butchcrs’&Drovers’..
500,000
1,095,100
292.900
21,800
l.oll, 100
Mechanics & Traders
600,000
720.200
116.400
790,600
Greenwich
200,000
3.093.900
361.400
802.700
3.056.00J
Leather Manuf
600,000
905,600
174.100
113.500
S65.700
800,000
Seventh Ward....
23G.500
2,051.5 JO
6SS.8J0
1.32&.4U0
State of N. York..
RuO.DOJ
8.404,000
1,341,000
1,139,000
American Exch’ge.
5,000,000 12.055.000
8.417.ICO
2.6(8,300
18.6U7.10U
2.512,300
Commerce
10,000,000
8.15J.0J0
678.300
275.100
4.554.600
Broadway*
1,000,000
8,031,500
492.0C0
310.500
2.919.100
Mercantile
1,000,000
2.155.400
612.400
4u.mo
2.093.100
Pacific
422.700
310.300
2.433.700
615.100
2.972,610
Republic
1,500,000
562.300
2.967.CC0
257.100
2.833.100
Chatham
450.000
150.300
1,079.400
15,600
1,263.800
People’s
412,500
899.000
2.171.200
250,600
2.233.500
North America
1.000,000
433,000
2.765.600
281,3(10
8,
Ft.ICO
Hanover
1.000,000
1,917.000
Loans and
tlon.
Banks.
New York
$23,CPC
9.5UC
2C0 6'JO
174,iiK'
*i*i56
270,000
673.600
>14?,3 O
436.100
U 0.000
1(5 7X
2.700
267.6 X
36,500
45.U0O
303.000
.
500,000
3,OCO,COO
Citizens
Nassau
Market
St. Nicholas
Shoe and Leather.
Com Exchange
600,000
1,000,000
1,000,000
Continental
Oriental
Marine
1,500,000
300,000
400,000
Importers’* Trad’rs
1,500,000
56,100
214.900
155.200
404.300
57.200
2-.0.430
1.4H.6JU
1.673,000
15,793.110
11,095.400
1,010.1 JC
14.10
253.400
1,000,000
1,000,000
Park
Mech. Bank’g Asso.
Grocers’
North River
East River
Manufact’rs’* Mer.
Fourth National....
Central National...
Second National....
Ninth National. ...
First National
Third National
N.Y.National Exch.
Tenth National....
Bowery National....
New York Co.Nat..
German American.
2,000,000
500,000
800,000
400,000
350,000
100.000
3,750 000
2,000,000
300,000
l,500,CGC
500,000
1,000,000
300,00 0
510,000
250,000
200,000
Dry Goods
1,000.000
Total.;
$74.18?,200
1.624.COO
113 900
2,549.000
2.631.0C0
2.134.600
4 ('38,500
2.830.200
3.2 26.000
1,000,000
236.300
7.397.000
1,749.000
5,603,000
4,108.400
6,583.1(0
2*95.300
83.IX
18.(00
1.679.2'0
2.507.400
1.746.500
1,111,8(0
1S4.U0
2.317.500
13',400
116.80C
6H0.1J0
711.3(0
67.0(0
22.600
15’. ,4(0
7 3’,300
135.200
147,530
3(9,600
(3.075.7J0
2
1,193.000
532.000
1,632,5(0
629.900
872,700
256.500
181.300
25X000
301.000
331.8 JO
2,615,100
2,0*5,3 0
1,064,2(0
1,600.206
1,112.5(0
58,900
123.300
2.300
2.660,203
1.715.900
405*. i (X)
22ft,200
414,010
60.(00
305.500
62,900
1.057,500
6.501,000
1,979.(00
5,S< 4.3 JG
6.931,000
1,377.000
8351.5 0
943,800
1.198.3)0
49.4UU
130.000
Specie.
.
LegalTenders
The
following
are
Inc.
$744 2X
223,"'0
130,000
2.617.700
1.189.30J
Dec.
Inc.
2,122,400
737/0) Circulation
the totals for a series of weeks past
Legal
Dec 9
Dec. (3...
Dec. 23...
Dec 30...
...
,
Loans.
256 631 0.)0
254 147 2J0
SDecie.
22.9.-3.400
26 947 2)0
252,(81,"' 0
27.639.300
31,04 V,700
253.32 \60 J
254.SO ).M0
251,173.400
Jan. 6....
Jan. ii...
Jan. 20
252,111.90)
2 3.156,100
..
Jan. 27...
Tenders.
36.373.900
35.532 400
35.546.900
31 975.101)
35,233.2)0
37.042.900
40.r23,3D0
42,251,2(0
33,370.9'X)
3 ',737.400
4).9:4.9X
40.137.0X
Boston Banks.—Totals were as
Date.
D?C. 4
Dec. ll
Dec. 13
Dvc. 25
Jan. 1
Jan. 8
Jan. (5
Jan. 22
Jan. 29
Loans.
Specie.
,75i».900
131,541/00
1.% ’,20 J
2 n'2,600
2,66.5 0
13
132,747.700
13; .917,000
13!.171,300
13', >23,11)'
132,859,000
131,721,'00
134)2,5 JO
Denosits
204.350 90J
206 524 500
Circu¬
lation.
15.(32.100
1512..M0
206.170,700
15,137,800
Loans.
424.953.216
230,525,6:0
15.495.9J0
421.314 349
Dec-11
Dee. 13
J>ec.23
,022,675
62,.3"5,03‘2
62.590,289
62,607.257
62,7»5,353
Jan.1
Jan. 8
Jan. 15
Jan. 22
Jan. 29
62.377.907
62,157.025
62.084,608
62,095/ 2)
62.126,015
6
Denositfl.
4 7 6 40J
5,703,900
5.059,400
22,"88,700
59,39S,6X
2<!,2( 2,800
22. 47.61)0
22,147,200
5 7/ 2 7, SCO
55,7,9,400
54.399.700
55,642/00
36/44.8(J0
6,955.400
5,8J>».5'0
5,U'.9,90J
5.6 7.3)0
Cir¬
culation.
5'1,'37,200
CPcuihtion.
Deno*its.
5 5,903,511
14,179.322
51,634.257
D1,071,157
10.136,541
10.133,268
10,173,643
10,20 *,91G
10,1 2.863
10.2 3,4'6
10,187,551
2,972,345
13,666,170
50,938,050
10,174,865
51.102,321
52.224,997
51.S3 2,734
51.497,2 J3
Bid. Ask.
45,740,445
50,932,300
43,487/33
44,9b0,404
Aggregate
Llear.ngs.
41.193.047
:,3( 8.712
39,2(5,536
32,241,291
45.737,654
37,449.846
4 .’.239.643
31,578,762
4
OTHER CITIES,
Bid. Ask
8EOUBITIES.
STOCKS.
BOSTON.
MalneQs 1
New Hampshire,6s
Vermont #s
Massachusetts 5s, Gold
Boston 6s, Currency
do
5s,gold
do
Municipal 7s
111%
....
Boston
Boston
Boston
Ill
111% Boston
114% 115
112
...
107"
* Albany stock
* Lowell stock
& Maine
* Providence
99%
Connecticut River
....
Connecticut *
PnrMftnd 6n
Passumpslc, pf. 36*'
5
Eastern (Mass.)
Atch. & Topeka 1st m. 7a
83% Eastern (New Hampshire)....
do
land gt. 7s....
115
57
57%
Fitchburg
do
2d 7s
127
do
land inc. 12s.. 104% 104% Manchester & Lawrence
Nashua & Lowell
Boston & Albany 7s
New York & New England ...
110
Boston & Malne'7s
Northern ot New Hampshire..
Burlington & Mo. Neb. 8s, 1894 106%
127'
96
94
Norwich* Worcester
do Neb. 8s, 1883.
do
,
,
•
•
92
•
r.o’%
Ogdens. * L. Champlain
Hartford & Erie 7s, new
Ogdeusburg * Lake Ch. 8s
Old Col. * Newport Bds, 7,17. 112
45
Rutland, new 7s
Verm’t Cen., 1st M., cons.,7, ’86
do
2c. Mort., 7,1891
Vermont * Can./new, 8s
Vermont ft Mass., 1st M. 6/83.
...
....
....
do
do
pref,...
Old Colony
Port., Saco * Portsmouth
56’
do
10
•
•
...
•
...
do
do
City 6s,
Harrisburg
....
do
do
7s,
Delaware 6s,
do
112
6s. exempt,
BAILBOAD STOCK L
i;o
....
do
3?%
41**
pref..
Broad Top
..
pref
do
Valley...
Lehigh
Little Schuylkill.
Minohlll-.
_
Wilmlng.* Baltimore.
(40
Navigation
130*
Morris.....
pref
Ten year
55*
Inc. 7s end.’94..
Delaware.lstm,5/<7
2d M. 6s,’85
3d M. 6s,’87
96
102
Amboy.6s ’83....
7s,
109*
19(3
Connecting 6s 1900-1904.........
Dan., H. & Wlike, 1st m.,7G,’B7*
Delaware mort. 6s, various.... 104 X
East Penn. lBt mort.7s,’83..... 103
105
B1.& W’mspoit,1st m, 7s,*30.
do
do 5s,perp 101%
Harrisburg 1st mort.6s ’83....
T.
mort.7s,
90
H.* B.
1st
103
do
2d mort. 7s, *95—
50
do
3d m. cons.7s,’£5*
Ithaca* Athens g.7s.*90
Junction 1st mort.6s, ’8*
Lehigh
do
Valley, 6s, con., 1898..
do
do reg.1898...
78,1910
do
do
do
do
con.m.6sl9:r
do
Llttl e Sch uy lkil \. 1 st M., 7.1877
Northern Pnclflc 7 3-10s. 1900*.
North Penn. 1st m, 6s. ’8a
2dm. 7s, 96
chattel M. 10s 1877
M. 7s, coup., 1903
do
do
do
preferred..
Vermont * Canada
Vermont * Massachusetts.....
Worcester & Nashua
15%
75
43
i6*
105*
65
too
1875..
1876..
1377 ,
1878
do
do
do
do
do
Series.
Certificates,Sewer, 8s, 1874-77.
Water Certificates,8s, 1977...
CINCINNATI.
too
109
115
Cincinnati 6i
•
7s
do
7-3Us
do
do
105%
South’nRR.7.30st
Ham.Co.,Ohlo6p.c.!ong bds
do
do-
93
165
7 p.c.,1 to5yrs.
lg bds,7 & i.SOj
108
110
97
103
99
Cov.Brldge stock, pref
i;>%
io:k
85
112
Oolum.,& Xenia, 1st M.,7, ’90.
Dayton & Micb., 1st M.,7 81.
2d M.,7,’84..
Sd M.,7,’83..
do
do
do
do
Dayton & West., 1st M., 1881.
do
do
IstM., 1905..
(03%
gen.m.6s 1910, coup
do
do
1st M., 6,1905.
109%
do
reg.,
gen. m.,68
I9i0/P°^
99
99% fnd.,Cln. * Laf., 1st M.,7...
cons. m. 6s, reg., 1905
do
do
(I.* C.) 1st M.,7,1888
70
Perklomen 1st m.6s,’97
Little Mlami,6,1883
103X
Phlla. & Erie 1st m.6s,’81
96 X
Cln, Ham. & Dayton stock....
do
2dm. 78.’83
Columbus & Xenia stock
Kt)%
Philadelphia & Reading 6s, ’80 (03
Dayton & Ml chtgan stock....
do
7s, *93
do
do
8 p. c.st’k guar
deb. bonds, '98
do
Little Miami stock
do
g.m.7s,c. 1911
do
do reg, 191:
LOUISVILLE.
do
new conv. 7s, 1893
....
Louisville 7s
do Coal * I,Co m.,7s.’92-’3
Louisville 6s,’82to’37
Phlla., Wilm. & Balt. 6-. 1834.. 8C% 31%
68,’97 to’98
Pitts., Cln. * St. Louis 7s, 1909.
Watei 6s, ’87 to ’89..
Shamokin V.& Pottsv. 78,1901. 84
86*
do
Water 8tock 6s, ’97.
loti
do
Steubenville* Indiana7s.’84
Stony Creek, 1st m., 7s, 1907...
Sunbury A Erie 1st m.7s/77..
UaltedN. J. crns. m. 6s, 94..
Warren & F. 1st m. is,’96.. ...
cons.7s,*91.
...
Jersey 1st m. 6s, '96
do
do 78, 1397....
Western Penn. RR.6s. 1393....
do
do
6s P b ’96
Jeff., Mad.* I. IstM. (I* M) 7, ’81
do
do 2d M.,7,
75
111
do
Loulsv.
do
do
5%
ii6
*73
§>r
BK, °i,.M
conv.,
*82
g.’94.
gold,’97 96%
Morris, boat loan, reg., 1835..
Pennsylvania 6s, 1910
16*2%
50
do
....
6s,Imp.,’90...
6s,boat*car,1913
7s,boat*car.1915
In default of
interest.
71
95
91
....
Bridge Approach g.6*+
105
do Renewal gold 6s
t 1P5
do Sewer g. 6s (duc’91-2-3)t
3t LouisCo.new Park g. 6s..t 104%
do
c’v, 7s
t 104%
2d m.,6s, 1907
m. 6s. ’95
do
scrip
Susquehanna 6s, coup., 1918...
»
w
do
do
common.
29
Louisville ft Nashville....
ST. LOUIS.
97% 3t Louis 6s, Long Bonds
t, lf2X 1(3%
do
Water 6s gold
+ }-£% 106%
106%
do
do
do (new).t
SchuylkillNav. 1st m.Ss,’97..
do
do
do
do
do
m
L. ANasb.lstM. (m.s.) 7/77..
do Lou. Loan (m.s.)8, *88-'37
do
do
(Leb.Br.)6/88
do lstM.(Leb.br.ex)7/80-’85
do Lou.L’n(Leb.br.ex)6/93
do Consol. 1st M.,7.1898....
1C5% Jefferron., Mad. * Ind
>03% 104* Loulsv.,Cln.& Lex.,pref.
conv.,
do
1st M.,7,1906....
102%
t*7%
+97%
+ H%
105
6s.*34
deb.Ti....
do
do
do
101%
C. ft'Lex., lBt M.,7, ’97..
110% Ul% Louis. * Fr’k., 1st M., 6, ’70-’78..
do
Loulsv. Loan, 6.’81
CANAL BONDS.
Delaware Division 6s,
Wharf 6s
special tax 6s of ’89.
do
do
Wilm.* Read.,1st M.,7,1900*.
do
do 2d Mort, 1902*
Lehigh Navigation
10*’*
(!843)6s, at pleat
do
bondB.long.
10 3,S )09%
l 5* Cln., Ham. & D., 1st M., 4, 80...
do
do
2d M., 7, '85...
97* 96%
do
do
3d M., 8,77...
Cln.. Ham.* Ind.Ts guar
1(6 j. Cln. & Indiana, 1st M.,7
do
do 2d M.,7,1877..
113%
Oil Creek 1st m. 7s ’32.
Penn* N. Y.C.&R R*s.
West
ii"
“
“
Cln. &
gen.
Westchester
ioi%
Bonds,bs, 1873
Clics. & O. st’k (’47) 6s, at pleas.
Georgetown.
General (stock, 8.', 1881
do
6s, at pleasure.
Bounty stock, 6s,
do
Market stock, 6s.
do
Board of Public Works—
Cers. Gen. Imp.8s,1874.,
do
do
1900....
do
2d
69
ICO
....
1C4
do
2d do 7s, c. 138i> 102
Cam. & Burlington Co. 6e, ’97. 1C0% 101.X
Catawlssa, new 7s. 1900.......
Cayuga Lake 1st m. g.7s, 1901* 100*
do
“
78, 1903...
Washington.
“
Fund.Loan (Cong ) 6 g, 1892..
105 X Fund.Loan (Leg),6s.g, 1902..
Cei si.of Stock (1*28) 5s, at pleat
BAILBOAD BONDS.
Allegheny
Val. 7 3-10s, 1896
8
do
7s E. Ext..1910
do
do
68, ’89
do ’
do mort.6s,’39...
Cam. * Atlan. 1st m,
g,
WASHINGTON.
District of Columbia.
Perm. Imp.,os,g, J.*J, 1891.
do
7s, 1691
28 %
Market Stock bonds. 7s. 1992.,
51
Water Stock bonds 7s, 1901...;
136
pref.,...
do
22%
U0% People's Gas
Schuylkill Navigation........
Camden *
}«J%
ii"
CANAL STOCKS.
Delaware Division
do
do es.gold.lWO, J.&J.
Cen. Ohio 6a, 1st M.,1890,M.&8. 104%
103
(09
W. Md. 6b, 1st M.,(gr)’9n,J.* J.
100
do
1st M., late. J.*J.. 90
109
do
2d M., (gunr.) J AJ. 103
62
86
do
2d M.. (pref.)
,
United N. J. Companies......
West Chester consol, pref....
West Jersey
•••••
do
104
107
110
106
105
105
1U1X 1G2
67
87%
do
2d, M. ft N....
55% 56
do
8e,3d, J.*J
100
110
Union PR., 1st guar.. J. & J..
93
#5%
do
Canton endorsed.
MISCELLANEOUS.
Baltimore Gas, certificates.... 1C6
Philadelphia A Erie. ...
Philadelphia* Reading
Philadelphia & Trenton
do
103 k
Balt.* Ohio 6s, 1880, J. & J
do
6s, 1885. A. & O... 108%
N.W.Va., 3d M.(guar)’85, J.4J. 110
105
Pittsb.* Ccnneiisv.7B,’98, do
102
Northern Central 6s-1885. do
do
6s.noo.A.*o. 102
.
Pennsylvania.......
do
50
1C5
2dM.(gr.by W.Oo.)J.*J. 101%
109 1
do
6s. 8a M (guar.) J.& J. 1(8
110
110%
Mar. & Cm. 7s, F. a A., 1892...
Norristown
•
North Pennsylvania....
Belvldere
50
do
„
Nesquehonlng Valley...
Phlla.,
106
BAILBOAD BONDS.
do
prei.....
do
New pref
Delaware & Bound Brook
Huntingdon &
U‘-X
ll’%
Pittsburgh & Connellsville. 50
Catawlssa
do
uo%
111
1)2
114%
Par,
Western Maryland
Central Ohio
....
Bast Pennsylvania
Elmira * Williamsport
106
100
111
111
Balt. & Ohio—Stock
100
Wash. Branch..UX
do
do
Parkersburg Br. 51
Northern Central
50
pref
do
do
112%
U2X
104
110% Norfolk Water,8s
BAXLBOAD STOCKS.
Camden * Atlantic
...
.
do
6s
Camden City
1*26%
135
157%
£5
Burlington* Mo. In Nebraska
*36'
Cheshire preferred
147%
117%
Chicago, Bur. * Quiucy
4%
Cln..Sandusky * Clev.stock.
-
101
96-1906.
Pennsylvania, 1st M.,6,1880...
10,117,215
55,6 6/91
53,854,703
52,1)0.6)1
14,231,455
14,161/08
4l’,V‘6,8C9
follows:
19,205,431
13.116,390
14.6.) *,909
14,133,4(0
11,379.812
44/8 >,459
22,171,600
730,5'6
829.170
9:9,713
932,519
963,76*
1,269,116
1/80,961
2.0 .0,(73
2.06',351
16.650,227
Clearings.
54,113,573
54,4)9,494
22.4(5 9)0
54,513.200
54.350,800
Legal
Tenders.
Aggregate
22,5(3,(10
22.263,5X
22,62 (.110
QUOTATIONS IS BOSTON, PHILADELPHIA AND
SBCUKITIB8.
4" 1.556.051
4 6.358,346
follows
3.101,9))
7,901 ,'00
7.296,400
6,736/(JO
Snecie.
397.814.549
391,150 312
4:3.474.353
358.7(1.6 )0
15.263.700
15.503.400
15.517.3X
15,491,9 JO
Philadelphia Banks.—Totals were as
Date.
Nov. 27
De1*. (
Cleartners.
212.461.100
220,7*3,6 )0
223/63.3X
227.3 42.300
Legal
Tenders.
3.217,900
4,!86.400
5.313.00
5/85,300
Aggregate
109
do
7s,Street Imp., ’33-86
New Jersey 6s, Exempts, var.
Camden County 6s, various....
do
Inc. ?3,252.SX
.Inc.
4,C(0
Deposits.
100
'
i!8*
do
$230,625,630 $15 493 9.'0
of the previous week are as
Net
Maryland 6s, defence, J. * J..
112
1387
do
6s, 1890, quarterly... lCt
do
do cur. var
95
do
5e, quarterly
do
68, 10-15 1877-82. ioi* ioi%
113
110*
Baltimore
6s,
1834,quarterly...
do
15-25.
do
’32-92
110%
107 H
do
6s, 1886, J. * J
Philadelphia 6s, old, regist’d.
do
6s, 1890, quarterly... no%
112X 112*
do
6s, new
do
do
6s, Park- 1890, Q —M.
92*
Allegheny County 5s, coupon
do
87
6s, 1*93. *1.& S
Pittsburg 4s, 1913
6s, exempt,’93,M.& 8 112
do
do
5s, 1913
111
do
6s, 1900, J. * J
do
6s. gold, various...
HI
111
do
6s, 1902, do
do
7»,Watei Ln. various 110
Pennsylvanla5s, gold, lnt. var
Lehigh
follows:
Loans
BALTIMORE.
CITY BONDS.
STATE AND
Bid. Ask
SXOUBITIXB.
PHILADELPHIA.
180.00J
$253,156,100 140.137.0(0 142,251,200
The deviations from the returns
Bid. Ask
6KOUHXTIKS.
495 5)0
113 1 ’0
450.0/
950,000
1,166,0(0
219,(00
30.700
3,900
202.200
501.3 JO
648.6 JO
4.800
597.4 X
3,2(2.300
1.403.500
2(9.000
359.200
1,112.0(0
5,500
9.2)0
(6,100
1,119 4)0
529,000
jo
iboinoo
273.5JC
1.217.200
1.713.200
18.577.400
15,597 .IX
811,330
735.100
34,9.0
.
89J.60J
45,000
9,i66,Oo0
4
2.046,'00
£81.500
836.310
353.500
2,691.S00
26.600
073,500
3,750,3 jo
I43.8UC
1,000,000
531.600
816,000
313.900
806.100
222.(00
273.400
431.100
258.100
401X00
239.200
92.0 0
2.U36.00C
11.9S9.000
1.580.900
PHlLlDKLPUIt, Ktc.-Continued.
,
'
Irving
Metropolitan
BOSTON,
shows
City Banks.—The following statement
the condition of the
107
THE CHRONICLE
February 3, 1877.]
St.L&SaaF. RR Bds.seileiA
50
do
65
do
do
do
B
do C
ao
49
20
20
.
!06**
52%
t And Interest.
*
'V
108
(THE CHRONICLE
GENERAL
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U, 8. Bonds and active Railroad Stocks
Bid. Ask.
SECURITIES.
112
...
war loan..
102
102
..
ido
Bid.
SECURITIES.
Erie, 1st mort
guar
Quincy & Toledo, 1st m., ’90.
&
..
102*
92
92%
Dubuque & Sioux City,1st
Special tax, Class 1
Class i
Class 3
do
Cedar F. &
do
Ohio 6s, 1881
do 68,:886
Rhode Island 6s
South Carolina—
6s
Jan. & July
..t
7s of 1688
Non-fundable bonds
Tennessee 6s, old
do
68, new
do
6s, new series..
...
do
Oswego
Poughkeepsie Water..
117
101
192
109% ill
104%
104*
103*
102
105*
*92
"S5*
86
85
small.,
registered
Railroad Stocks.
CActivepreti'usly quot'd.)
Albany & Susquehanna...
Central Pacific
102*
Chicago & Alton
do
110
pref
116
Chic. Bur. & Quincy
Cleve. Col. Cin. & I
Cleve. & Pittsburg, guar.. *02
109
111
101
109
110
112
102
no
3
** tllO
f
tllO
p's 22
t84*
flOO
.
pref.
Terre Haute & Ind’polls .
Toledo Peoria & Warsaw.
Warren
14
15*
Canton Coy Baltimore....
Cent.N. J.Land & Im. Co.
Delaware & Hudson Can’l
American Coal
Consolidat’n Coal of Md..
do
pref.
Cumberland Coal & Iron.
do
do
1st cons. guar.
CITIES.
do
do
Memphis bonds C
do
do
*
bonds A & B
end., M* & C. RK
...
Mobile 5s (coups, on)
do
do
34
102
102
103
111
111
111
23
85*
102
8s
(coups, on)
new
consols
40
80
Montgomery 8s
Nashville 6s, old
do
6s, new
New Orleans prem. 5s
do
77%
34
consol. 6s..
dQ
railroad, 6s..
imn’ts, 7-30
..
do
Norfolk 6s
wharf
Petersburg 6s..
Richmond 6s
Savsnnah 7s, old
do
78,
new
Wllm’ton, N.C., 6s, gold )
do
coup
8s, gold J on.
RAILROADS.
Ala. & Chatt. 1st m. 8s, end....
'
Ala.& Tenn. Iliv. 1st mort 7s..
do
2d mort. 7s
Atlantic & Gulf, consol
do
end.Savan’h.
do
stock
do
do
guar...
Carolina Central 1st m. 6s, g...
Central Georgia consol, m. 7s.
do
stock
Charlotte Col. & A. 1st M. 7s..
do
do
stock
Cheraw & Darlington 8s.
East Tenn. & Georgia 6s
East Tenn. & Va. 6s end. Tenn
E. Tenn. Va. & Ga. 1st m. 7s...
do
do
stock.
...
.....
70
30
10
38*
42*
75
Georgia RR. 7s
do
stock
Greenville* Col.7s,guar
do
7s. certlf...
Macon & Brunswick end. 7s..
Macon & Augusta bonds..
do
endorsed....
....
90
do
Memphis & Charleston 1st 7s..
102
88
62
do
do
2d 7s...
stock..
Memphis & Little Rock 1st m.
Mississippi Central 1st m 7s...
do
2d
m.
5s
..
* West P. 1st 8s.
Montgomery
Mont.
& Eufaula 1st 8s, g., end
Mobile & Ohio sterling
do
do ex certlf.
do
8s, interest
do
2d mort. 8s
N. Orleans & Jacks. 1st m
do
certlf’s 8s.
Nashville & Chattanooga 6s..
Norfolk & Petersburg 1st m. 8s
do
7s
do
2d m. 8s
Northeastern, S. C., 1st
do
2d
m. 8s..
m.
8s..
Orange & Alexandria, lets, 6s.
do
2ds,6s..
do
3ds,8s...
do
4tlis,8s..
Rlchm’d & Petersb’g 1st m. 7s.
Rich. Fre’ksb’g & Poto. 6s
do
do conv. 7s
Rich. & Danv. 1st consol. 6s...
Southwest RR., Ga., 1st m
3. Carolina RR. 1st in. is, new.
do
6s
do
7s
do
stock
Savannah & Char. 1st M. 7s
Charleston & Savan’h 6s, end
West Alabama 2d m. 8s, guar
do
1 Bt m. 8s
80
25
75
56
80
57*
72
PAST DUE COUPONS.
Tennessee State coupons....
South Carolina consol
Virginia coupons
do
consol.coup
Memphis City Coupons
.
t And accrueds :.eresf.
90
80
stock
....
Price nomlna
88
....
.
let m; St.L. div.
2d mort
85
Macon bonds
.
101* 101% Tol. & Wabash, Istm. extend.,
77*
8s
waterworks
Columbia, S. C., 6s
Columbus, Ga.,7s, bonds
Lynchburg 6s
'9794
.....
Railroad Bonds.
(Stock Exchange Bi'ices)
Albany & Susq. 1st bonds 109* 110*
35
33
48
42
South Carolina new consol. 6s. 57
58*
96
Texas 6s, 1892
M.&S. 92
do
110
109
7s, gold, 1904-19i0. J.&J.,
110
do 7s, gold, 1892
J.&J. 106*
do 10s, 1884
103
J.&J. 100
do 10s, pension, 1894.. J.&J. 104
105*
consols, Class A
do
Class B
do
Augusta, Ga., 7s, bonds
Charleston stock 6s
Charleston. S. C., 7s, F. L. bds.
...
..
Maryland Coal
Pennsylvania Coal
Bpring Mountain Coal....
,
new
do
do
...
.
Mariposa L. & M. Co
STATES.
Alabama
Atlanta, Ga., 7s
.........
IHiecel’ous Stocks.
Am. District Telegraph...
53
io&
Southern Securities.
{Brokers' Quotations.)
..
.
50
Mercant. Trust real est.mort.73
111
98
97
106
.
90
Morris & Essex
Missouri Kansas & Texas.
New Jersey Southern
N. Y. New Haven & Hart.
Ohio & Mississippi, pref
Pitts. Ft. W. & Ch., guar.. um
do
do
special. 02* 95
Rensselaer & Saratoga
109
109%
Rome & "Watertown
Bt. Louis Alton & T. H
Ts,
106% 107* Union Pacific, So. branch, 6s,g
107* Walklll
Valley 1st 7s, gold
106* 107
West Wisconsin 7s, gold..
107
106*
Wisconsin Valley 8s
111
108
....
.
2*
197
do
5th S., do 88.... 115
do
6thS.,do 8s.... 115
Bur. C. R. & M. (Mil.) g. 7s.... 2i
Cairo & Fulton, 1st 7s, gold...
75
California Pac. RR., 7s, gold
do
6s, 2um. g.
Canada Southern, 1st m
do
with int. certifs
Central Pacific, 7s, gold, conv.
Central of Iowa 1st in. 7s, gold.
do
do
2d m., 7s, gold
Keokuk & St. Paul 8s
"j
tl00
Carthage & Bur. 8s
a
tR10
Dixon Peoria* Han. 8s..
tlOl
O. O. & Fox R. Valley 8s.
itll®
Illinois Grand Trunk
do
do
2d mort...
Chic. Dub. & Minn. 88
Lake Shore—
Peoria & Hannibal Ii. 8s..
102* 103
Mich. So. 7n. c. 2d mort
p
Chicago & Iowa R. 8s
Mich S. & N. Ind.. S.F., 7 p.c. 100%,....
American Central 8s
J 3
Cleve. & Tol. sinking fund.. 107* .. .
Chic. & S’tliwestern 7s, guar..
do
new bonds.... 106*! 107
Chesapeake & 0.2d m., gold 7s
Cleve. P’ville & Ash.,‘old bds 104 (....
Chicago Clinton & Dub. 8s
do
do
new bds. 107%
Chic. & Can. South :st m. g. 7s.
^Buffalo &Erle, new bonds... 107*
Ch. D. & V., I. div., Istm. g.Ts.
104
Buffalo & State Line 7s
Chic. Danv. & Vincen’s 7s, gld
90
Kalamazoo & W. Pigeon, 1st 85
Col. & Hock V. 1st 7s, 30 years,
Det. Mon. & Tol.,1st 7s, 1906. 105
do
1st 7s, 10 years,
Lake Shore Div. bonds
107%'! 07*
do
2d 7s, 20 years.,
do
Cons. coup.. 1st.'107%! 107* Connecticut Valley 7s
do
Cons, reg., 1st., 107
107* Connecticut Western 1st7s..,.
do
Cons, coup.,2d..
Chicago & Mich. Lake Shore..
Cons, reg., 2d
do
Dan. Urb. Bl. & P. 1st m. 7s, g.
105
Marietta & Clu. 1st mort.
Des Moines & Ft. Dodge 1st 7s.
103
Mich. Cent., consol. 7s, 1902.
Det. Hillsdale & In. RR. 8s
1st m. 88, .882, s. f. 112
do
Detroit & Bay City 8s, guar.. *f
do
Det.
Lans. & Lake M. 1st in. ris
equipment bonds.
New Jersey Southern 1st m. 7s
do
2d m. Ss.
do
do
consol. 7s
Dutchess & Columbia 7s...
N. Y. Central 6s, 1883
104*
Denver Pacific 7s, gold
105
do
6s, 1887
Denver & Rio Grande 7s, gold.
do
6s, real estate.,
Evansville & Crawfordsv., 7s..
do
68, subscription,
Erie & Pittsburgh 1st 7s
do & Hudson, 1st m., coup 1L6
117%
do
2d 7s
do
do
1st m., reg..
do
7s, equip...
i 13
Hudson R. “s, 2d m., s.f., 1885 m
Evansville Hen. & Nashv. fs...
Harlem, 1st mort. 7s, coup... 119* 120
Evansville, T. II. & Chic. 7s. g.
do
do
7s. reg.... 119%: 120
Flint Pere M. 8s, Land grant...
North Missouri, 1st mort
Fort W., Jackson & Sag. 8s....
Ohio & Miss., consol, sink. fd.
Grand K. & Ind. 1st 7s, guar.,
do
consolidated....
do
ist L. G. 7s...
2d do
do
do
IstexL. G. 78
do
1st Spring, div..
Grand River Valley 8s, 1st m
Pacific Railroads—
Houe. & Texas C. 1st 7e, gold
Central Pacific gold bonds., 107% 107*
do
consol. bds..
do San Joaquin branch 92%
Indlanap. & Vincen. Ist 7s, gr..
do Cal. & Oregon let
Iowa Falls & Sioux C. 1st 7s...
90*
do State Aid bonds.
Indianapolis* St. Louis 7s.
do Land Grant bonds..
Houston & Gt. North. 1st 7s, g.
Western Pacific bonds.
101* 102
International (.Texas) l6tg...
Union Pacific, 1st mort. b’ds 104
104% ‘ Int. H. & G. N. conv. 8e
Land grants, 7s. 102’
do
Jackson Lans. & Sag. 8s of 85.
do
Kansas Pac. 7s, g.,ext. M&N,’99
Sinking fund... 97;
Atlantic & Pacific land gr. m
do is, g., I’d gr.,J&J,’ 0
75
South Pac. RR. bds. of Mo
do 7s, g.,
do M&S,’86
Pacific R. of Mo., 1st mort... 96 ^
do 6s, gold, J.&D., 1896
do
2d mort
88* *90
do 6s, do F.&A., !895.
do
do 7s, Leaven, br., ’96..
Income, 7s.
do
lstCaron’tB
do Incomes, No. li..
Penn. RR—
do
do
No. 16.,
Pitts. Ft. W. & Chic., Istm.. 118
do
Stock
do
do
2d m..
Kalamazoo & South H. 8s, gr.#
do
do
3d m.. 105%
Kal. Alleghan. & G. R. 8s, gr..
Cleve. & Pitts., consol., s.f..
Kansas City & Cameron iCs..*
uo
4i.li mort
Kan. C. St. Jo. pnd C.B. 8sof ’85
Col. Chic. & Ind. C., 1st mort 36
do
"do
8s of’98
do
do
2d mort
Keokuk & Des Moines 1st 7s.
Rome Watert’n & Og.,con. 1st
do
funded Int. 8s
St. L. & Iron Mountain, 1st m. 93
100
do
pref. stock...
do
do
2d m..
L. Ont. Shore RR. 1st m. g..7s.
St. L. Alton & T. H.—
Lake Sup. & Miss. 1st 7s, gold.
Alton & T. H., 1st mort
105
Leav. Law. & Gal, 1st m., 10s..
do
2d mort.,pref.. 86* 90
Logans. Craw. & S. W. 8s, gld.
do
2d mort. Inc’me
Michigan Air Line 8s
Belleville & S. lll.R. 1st m. 8s
90
Monticello & P. Jervis 7s, gld.
Tol. Peoria & Warsaw, E. D...
87* Montclair & G. L.:st. 7s.
do
do
85
W. D..
86
do 2d m. 7s (old Mont, lets)
do
do Bur. Div.
Mo. K. «fc Tex. l.gr. 7sass-nted
do
do 2d mort..
do
21 m. Income...
do
do consol.7s
Mo. R. Ft. S.& Gulf Ist m. 10b.
15
95
do
2d, guar
St.L. & So’eastern 1st 7s, gold.
St. L. & I. Mt. (Ark. Br.)
g.
Southern Central of N. Y. 7s..
Union & Logansport 7s
107
110
100
....
..
103
109
99
RAILROADS.
Atchison & P. Peak, 6^, gold.. 28
Atlantic & Pacific L. G. ts, gld
Atchison & Nebraska, 3 p. c...
Bur. & Mo. Kiv., land m.:7s.. .t 109*
115
do
3d S., do 83
do
4thS.,do8i.... 115
Quincy & Warsaw 8s
1
12
89
St. Louis Vandalla & T. H. 1st.
•
20
*’*8*
Sandusky Mans. & Newark 7s.
.
6s, ex matured coup.
6s, consol., 2d series
6e, deferred bonds
District of Columbia 3.658.
do
101
104*
...
2d div.
**5
& Rock 1.7s, gold
iPort Huron & L. M. 7s, g. end.
Pullman Palace Car Co. stock.
do
bds., 8s, 4th series
Rockf. R. I. & St. L. 1st 7s, gld
Rondout & Oswego 7s, gola...
Sioux City & Pacific 6s
Southern Minn, construe. 8s...
do
78, 1st
St. Jo. & C. Bl. 1st mort. 10s...
do
do
8 p.c.
99%
ioo
..
100
5
2*
....
Rochester C. Water bds., 1903 109* no*
Toledo 7.30s....,
100
101*
Yonkers Water, due 1903
f
108
102
116
104
104
101
■
23
25
'Peoria
96
t 95
105
Water 7s
~12 "
8
!D8wego & Rome 7s, guar
(Peoria Pekin & J. 1st mort,...
100
....
Virginia—
6s, old
68, new bonds, lc66
6s,
do
1867
6s, consol, bonds
id
3d
90
t
...
Dubuque 4b Sioux City.
Erie pref
Indlanap. Cin. & Laf
Joliet & Chicago
Long Island
do
2d 7s
New Jersey & N. Y. 7s, gold...
N. Y. & Osw. Mid. 1st 7s, gold.
do
2d 7s, conv.
;North. Pac. 1st m. gld. 7 3-10 ..
,Oraaha & Southwestern RR. Bt
*88
f 104* *98
95
...
April & Oct
Funding act, 1866
Land C., 1389, J. & J
Land C.. 1889, A. & O....
do
do
105
+ 109
Long Island City
Newark City 7s
109
104
105
m. 105
Minn., 1st mort..
Indlanap. Bl. & W., 1st mort...
Cleveland 7*, long
Detroit Water Works 7s
Elizabeth City, due ’95
do 1 due ’85
Hartford 6s
Indianapolis 7.30s
Illinois Central—
A. & O
do
53
51*
convert...
...
...
do
con.
Bid. Ask.
SECURITIES.
Mo. R. Ft. S. & Gulf 2d m. 10s.
N. Haven Mlddlet’n & W. 7s...
N. J. Midland 1st 7s, gold
.
.
do
do
1<‘0
..
do
do
Bid. Ask.
SECURITIES.
whatever the par may he.
per cent value,
Tol. & Wabash,equlp’t bonds,
do
1st mort
Illinois & So. Iowa, 1st mort
116*
do
Income
101*
Lafayette Bl’n & Miss., 1st m
Joliet & Chicago, 1st mort...
Han. & Cent. Missouri, Istm
Louisiana & Mo., 1st m., guar 85
Pekin Llne’ln & Dec’t’r,lst m
St.Louls Jack.& Chic.,1st m. 105
107* Boston & N. Y. Air Line, 1st m
i
112
8 p. c., 1st m..
Chic. Bur. &
Cin. Lafayette & Chic., 1st m
Hl%
til
do
I Del. & Hudson Canal, 1st m.,’91
consol, m. 7s 110
do
108%
108%
do
1884
Rk.
Pacific
Chicago,
Island &
do
do
98*
ao
1877
Central of N. J ., 1st m., new... 101*
do
do coup. 7s, 1894
do
do
Istconsol
do
do
reg. 7,1894
do
do
con.conv
Long Island RR., let mort.
Leh lgh & Wilkes B. con.guar 56
South Side, L. 1., 1st in. bonds.
Am .Dock & Improve, bonds
do
sink. fund...
Ch. Mil. & St. P. 'st m. 88, P.I).
Western Union Tel., 1900,coup
2d
m.
do
do
7 310, do
do
do
reg...
do
do
7«, gold, II. D
Miscellaneous List.
do
do
1st 78 £
do
(brokers' Quotations.)
do
do
1st hi., La C. D. 97*
CITIES.
do
do
Istm., I.& M.D. 86
83
Albany, N. Y., 6s
do
do
1st m., I. & D..
Buffalo Water and Park
83
f
do
do
1st m., H. & D.
97
Chicago 6s, long dates
t
do
do
1st m.f C. & M..
do
7s, sewerage
t
1st m., consol..
do
do
81* 82
do
90
7s, water....
f
do
do
2dm.
do
do
7s, river lmprovem’t t
Chic. & N. Western sink. fund. 107*
do
7s, various
t
do
do
Int. bonds.
...
do
do
Prices represent the
Hannibal & Naples, 1st mort
Great Western, let m., 1888..
do
2d mort., 1893
..
do
page.
Ask.
15
...
6s, new....
6s, floating debt
7s, Penitentiary
6s, levee...
8s, do
bs, do 1875
8s, of 1910.
do
do
consol, bds
7s, consolidated 63
do
do
ext’n bds..
7s, ffaiall
do
1st
do
mort...
103
Michigan 6s, 1873-79
do
do
104
do
cp.gld.bds.
6s, 1883
do
do
do
112
reg.
do
7s, 1830
Iowa Midland, 1st mort. 8s...
Missouri 6s, due 1877..
100*
Galena & Chicago Extended
do
do
1878
100*
Peninsula 1st mort.,conv..,
Long bonds, due *32-’90. 104* 105*
& Milwaukee, 1st mort
Chic.
105
Funding, due 1834-5... . 104^4
Winona & Bt. Peters, 1st m...
Asylum or Un., due 1892. 104 105
2d mort.
do
Ban. & St. Jos., due 1886. 104k
C. C. C. & Ind’s 1st m. 7s, S. F..
do
do 1887. 10494
do
con6ol.
m.
bonds
New York State10 IK
Del. Lack. & Western, 2d m...
Bounty Loan,reg
do
do
do
7s, conv.
coup
Morris & Essex, 1st. m
6s, Canal Loan, 1877
do
2d
105
mort
6s,
do
1878
do
115
bonds, 1900....
6s, gold, reg....1887
do
construction,
6s, do coup.. 1887
do
7s, of 1871....
6s, do loan...1883
do
1st
con. guar.
122
6s, do
do ..1891
122
Erie, 1st mort., extended
6s, do
do . 1892
do
do
endorsed.......
6s, do
do .1893.... 122
do
2d mort., 7s, 1879
North Carolina—
21
22
do
3d
do
6s, old. J. & J
7s, 1883
do
4th do
do
A. & O
76,1830
21%
do
5th do
-.J.&J.... 67
N.C. RR
7s, 1888
do
do
..A.&O...
7s, cons., mort., gold bds
43
do coup, off, J. & J..
do Long Dock bonds
Buff. N. Y. & E, let. m., 1877...
do
do
off, A. & O.
do
do
large bds.
Funding act, ’866
do
1868
16* Han. & St. Jo., land grants
do
12
New bonds, J. & J
8s, conv. mort.
do
do
do
do
do
do
do
do
previous
..
40
40
40
40
40
40
Louisiana 6s
on a
V
Georgia 6s
do
7s, new bonds.... 105
10.1
do
7s, endorsed.
do
7s, gold bonds... 105*
Illinois 6s, coupon, 1879... 101*
Kentucky 6s
quoted
Minn., 1st 7s,g
Chesapeake & Ohio 6s, 1st m.
do
ex
coup
Chicago & Alton sinking fund.
Alabama 5s, 1883
do
5s, 1866. ..
do
8s, 1886
do
8s, 1888
do
8s, M.&E. RR..
do
8s, Ala. & Cb.K.
do
8s of 1892
do
8s of 1893
Arkansas 6s. funded
do 7s, L. R. & Ft. S. Iss
do 7s, Memphis & L.R.
do 7s,L. R.P.B.&N.O
do 7s, Miss. O. & R. R.
do 7s, Ark. Cent. KE...
Connecticut 6s
do
are
Boston Hartf. &
do
do
Bur. C. Rapids &
State Bonds*
[February 3, 1877.
*
Price nominal.
30
3(X
•
•
•
90
90
YORK-LOCAL SECURITIES.
NEW
Companies.
are
Par Amount.
not National.
.
25
100
25
100
25
100
100
100
1,000,000
10,000.000
100,000
100 1,500,000
100 1,000.000
100 1,000,000
City
Commerce
Commercial*
Continental
Corn Exchange*
Dry Goods*
East River
Eleventh Ward*
Frfth
Fifth Avenue*
First
Fourth
Fulton
Gallatin
German American*..
German Exchange*...
Germania*
Greenwich*
Grand Central*
Grocers*
25
25
100
10U
850,000
3
i
750,000
000,000
’200,000
200,000
200,000
U’0,000
800.000
100
100
100
1
1
50
50
000,000
100,coo
500,000
500.000
100,uo
100
600,000
50 2.050,COO
6)
100,000
Island City*
Leather Manufactrs...
Manhattan*
Manuf. & Merchants*.
Marine
Market
Mechanics
Mech. Bkg Asso’tlon..
Mechanics A Traders..
103
100
Metropolis*
Metropolitan
Murray Hill*
8,0J0,0C0
1,000,000
25
50
100
412,500
1,000.000
100
250,000
100 1,500,000
100 1,000,000
100
300,000
Produce*. ..,
Republic
St. Nicholas
Seventh Ward
.
Second
100
100
100
100
100
100
40
Shoe and Leather
Sixth
8tate ofN.York(new,'
Tenth
Third
Tradesmen's
Union
West Side*
8
10
8
11 2-3
8
3
7
10
8
100
20
io* “io ’
4
4
14
10
8
8
14
10
Jan. 2. '77.3)4
Nov. 1,’76.. .5
Jan. S, ’77.. 8
Jan*.
10
7
10
9
10
6
10
8
8
8
ii
10
!0
7)4
10
9
8
4
8
10
8
8
10
13
7)4
10
8
8
10
114
.....
4
8
800,000
500,000
1,000,000
'
J.
J. & .J.
J. & J.
M.&N.
J. & J.
1,000,000
1,500,000
200,000
*2)4
....
Citizens’
Aug.14 '76..4
Jan. 2.’77...3
Jan. 2 ’77...5
12
8
Jaa. 1,
•
•
•
•
200
Emporium
100
Exchange
Farragut
..
••••••
70
70k
....
••••««
ieo"
40
••••••
183
*8
193
..
...
«
... •
108
135
•
••*•
......
115
......
116k
•
•
•
•
••••••
loO
•
••••
Manuf &
117
Manhattan
•
Mech.&Trad’rs’....
Mechanics’(Bklyn)
Mercantile
n5k
•
.
.
93
•5
77
•••«
•
....
...
10s
•
ICS
......
94
...
......
.....
.
.
...
140
*
..
...
......
......
...
•
•
•••
•
130
•
140
....
Rate.
~25
Feb., ”77 x’*0
98
4
Jan., ’77
93
3>. Oft., ’76.
4
Feb., ’77. cH'i
160
5
Jan., ’77.
5
Dec., ’76. 233
5
Feb., *77. xllO
3k Feb.. ’77. X101
3H Jan., ’77. 102
172
102
102
do
Harlem
2k Jan.,
3
Jan.,
3k Nov.,
5
Nov.,
3k Jan.,
102*
certilicates..
Manhattan
do
do
certificates....
b nds...
scrip
bonds.
certlflcat';es.
Central of New York
do
do
.
..
ioo
1,000,000
325,000
10
10(0
aV&oV
F.&A.
J. & J.
J. & J.
M.& S.
M. & S.
J.& J.
M.&N.
M.&N.
J. & J.
F.&A.
300,000
~50
466,000
1,000,000
1 000,000
ioo 1.000/oc
F,& A.
50
Williamsburg
do
500,000
ioo 4,000,000
New York
People’s (Brooklyn)
do
do
1.000,000
5,000,000
25 1,000.000
700,000
Mutual, N. Y
Nassau, Brooklyn
do
386,000
4,000,000
2,500,000
20
50
100
Jersey City & Hoboken
Metropolitan
1.200,000
320.000
50 1,850,000
scrip
Metropolitan. Brooklyn
J. & J.
M. &N.
[Quotations by H. L. Grant, Broker, 145
900,000;
1000
694,000 J. & J.
1st mortgage....,
J. & J.
100
2,100,000
Broadway dk Seventh Ace—stock.
J.&D.
100c 1,500,000
1st mortgage
F
r>
10
2,000,000
Brooklyn Oily—stock
onn nm
man
M*&N*
1st mortgage
100
Q-J.
200,0G0
Broadway (Brooklyn)—stock
400,000
Brooklyn dk Hunter'sPt—stock... :oo
1000
300,000 J. & J.
1st mortgage bonds
EOO.I-OO
Bwfhwick Av. (B'klyn)—stock....
1U0
1,800,000
ventral Fk, N. dk E. River—stock
J.&D.
1000
1,200.000
1st mortgage, consolidated. .....
Q-F.
Dry Dock, E, B. dkBattery—stoc.ls. 100 1,200,000
Bleecker St.dk
FultonFerry—Btock
Askd
5
2,000,000
20
Bid.
ICO
-
....
•
•
•
140
3
104
’76
63
90
Get.,
1888
7
12
• •
t
cons’d
Eighth Avenue—stock
1st mortgage,
1st mortgage
WdSt. dk Grand St Ferry—stock..
1st mortgage
Central Cross ’lown- stock
1st mortgage
• ••••
Houston. West st.dcPav.Ferry-stk
1st mortgage
Second Avenue—stock. • .
1st mortgage
3d mortgage
C<ms. Convertible
Extension
Sixth Avenue- stock...
m mortgage
Third Avenue—stock
1st mortgage
Twenly-lfitra Street—stoex.
1st ir^TtfiTHge
*
900 000
100
1000
100
1000
100
1,000,000
748,000
236,000
560,000
200,000
250,COO
500,000
1,199,500
2'0,000
150,000
1000
770,(XX)
200,000
100
750,000
1000
415,000
J. &D
J.& J.
J & J
M.&N.
A.&O.
..........
•
....
77
*2k Jan.,
7
1895
2
NOV., ’76
6
7
5
7
Jan
•
’77
,
Nov.. ’76
1873
•
.
••••••••
1000
12
500
10,1
1000
1000
100 2.000,000
1000 2 000,000
100
600,000
251.000
1100
Tim column shows last dividend on
s>n« non
-r
«.••••••
j.
& J.
Q.-F.
J.&D.
A.&O.
M.&N.
A.& O.
M.&N.
J. * J.
Q-F.
J. & J.
J & J.
M.&N.
7
2
July.1894
Jan., ’77
7
7
7
1877
1885
1888
....
5
7
4
7
3
7
ixov.,
1890
,
*76
•••
....
55,629
392/59
95.453
899,723
20
20
* *
|4k
•
•
8k
10
10
5
15
5
20
10
5
‘20
20
25
5
20
16
,
,
•
20
14
10
5
10
18
21/04
7L825 10
9k 11
85/13
83,680
23,975
225,958 20
20
136 .'316
5
10
49/45 10
15 ‘,,734 15k 6
5
10
10
176,075 12
189,878 14
261,511 14
130/86 10
874,106 10
125,244
94/53
150,000
250,000
300,000
250.000
10
10
12
20
20
20
18
10
12
•20
396;655
10
13
10
14
10
10
70
30
5
•20
30
20
20
20
10
July, 76..5
10
Jau., ’77..5
20
Jau., ’77..5
9-Bl Jan ,77.6*20
30
Oct., ’76.15
14
Jan,, *77 .7
10
July, *76 .5
15
Feb , ’77.10
12 k Jan., 77.7 k
19
Jau., *77..6
10
Jan., ’77..5
12
Jan., •77. .6
10
Aug., *76..5
10
Jan., *77.. 5
10
Jan., ’77.15
18
/an.. 77..10
55
Jan., ’77.10
Jan., ’77..5
10
Jan., ’77..5
•20
Jan., 7.'..10
10
Jan., ’77. 5
to
Tan., ’77..5
10
Jan., ’77..5
10
Jan., ’77..5
12
Jau., 77...6
12
Jan., ’77..6
Jan
’77..6
13
ioo-
t
r
Jai., ’77..7
Jan , *77. .5
Jan., ’77. .4
5
iJan.,
Jan., *77. .5
*76.10
i>ec..
Feb. ,*77. .5
Feb. *77.10
Jan.. ’77 .10
Jan., ’77..10
Aug., ’76.10
Jan.. ’77. !0
ioa*
100
80
75
*
»
t
110
t
200
85
20)
180
160
-
*
•
170
12k
•
Z'Q
•
120
130
115
75
135
120*
85
-
*
-
T
80
112
-
103
165
130
280
140
900
SO
96
160
10
10
20
10
11
15
10
10
16
10
14
10
12
130
125
100
100
118
93
125
115
.....
•
.
140
175
......
.
......
105
100
170
’77. .5
’77..5
’77.10
’77..5
Jan , ’77..6
Jan., ’77.10
Jaa., ’77.20
Jan., ’77/0
/an., ’77. .5
Jan., ’77.10
12
20
20
10
139’
95
••••••
Jan.,
Jan.,
Jan.,
Jan.,
July. •76.3k
Jan., ’77.10
Jan., ’77.10
Jan., ’77..8
••#«©->
115
121
t
Jan.. ’77.1C
Jan., *77..5
Ja.i., •77.10
*
75
«
^
Sept. ,*76. .5
10
20
20
20
10
10
16
10
10
14
30
10
10
20
to
20
20
*
95
220
210
195
....
.
io
10
•20
176/229 14
225,587 16
141,040 12
785,689 10
350,000
200,000
200,000
150,000
150,000
1.000,000
200,(00
200,000
300,(XX)
200.0(H)
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
•
10
20
•20
10
10
10
10
10
7k 10
5
15
7
7
10
10
•20
10
20
20
10
10
10
io 10
13
15
10
7
10
to
10
10
20
20
10
10
10
5
17
7
10
4
20
20
20
20
10
•20
20
20
18
25,865
132,077
275,859
118,162
839,082
214,010
36,536
457,298
137.U34
•
.
86,973 10
186,675
103,283
155,024
282,425
320,899
171,397
65,503
184,276
•.
...
-
46,590 5
198,571
102,208 io
40/92
137,049 10
213,712 10
71,121 20
1.5,314 10
117,509
500.000
140
200
170
......
160
......
......
.•••••
Aug. .’76.10
Ja *., '77. .3
Jan., ’77..6
Oct., *76..6
Jan., ’77.10
Jan.. ’77.10
20
20
Jan., ’77.10
20
Jan., 77.10
15
Jan., ‘77.1!’
r
Jan., ’77 3k
10
Jan , ’77 5
10
Jan., ’77. .5
11
Jan., ’77.. 7
10
•July, 76 .5
20
Feb., 77.10
12k Jan., ’77..8
Feb. 7i. .5)
10
11 6 iJan.7 ,6*l2k
12k Jun , ’77.. 10
10
Aug /76..5
20 uJan., ’77.. S
‘20
Jan., ’77.12
16
Jan. ’77..8
10
Jan ’77..5
20
J in. *17.10
,
*9
...*••
90
1U
12
sO
••«
105
150
190
112
766*
10*
105
166
95
ISO
130
190
160
Ian., ’77.10
i45
150
»»••«•
125
1S5
160
...
.
.
200
*«*•«»
90
ice"
..... •
140
250
210
•••..I
200
19)
....
168
95
95
10)
113*
’96’'
95
110
75
180* ‘
....t»•
125
......
......
......
......
1-0
120
100
.«*«••
170
185
155
180
155
182“
19J
Broker. 40 Wall 8treet.]
Price
var.
[Quotations by
do
do
do
do
do
do
do
do
do
do
do
do
May & November.
Feb. ,May,
A ug.& Nov.
May & November,
do
do
do
do
do
do
do
do
1884-1900
1907-11
1877-98
1877-95
1901
1905
1878
1894-97
1889
1879-90
1901
1888
N. T. Beers. Jr..
100
ICO
ICO
1(J3
US
112
106
ICO
lOT*
102
106*
105
106
11&
101
l
104
105
1891
7
Ask a
118
106
101),
117
1896
3g.
Bid.
100
1879-82
do
do
i
1877-80
1877-79
1890
1883-90
1884-1911
May & November.
Feb.,May Aug.&Nov,
do
do
do
var,
New Consolidated
Westchester County...
Months Payable.
Feb., May Ang.&Nov.
„„
3^!^’
1854-57.
Brooklyn—
Local Improvement—
City bonds
110
102k
104*
103
U’6
100*
107
119
107
102
IIS
105
117
112
105
l'Jb
110
107
Broker. 2k Wall st.1
January A
do
do
do
do
do
Park bonds
Water loan bonds
Bridge bonds
•
•
•
ao
Water loan.
9U
•
.
do
City bonds
do
do
Park bon 6s
•All Brooklyn
71
90
do
City—
Watei loan, long..
165
.....
..
ttocitt Mso date of maturity of bondt*
•
too
....
.
.........
do
1869-71
Sewerage bonds
1 £££“—*
Assessment bonds... 1870-71.
Improvement bonds........
Bergen bonds
do
do
do
do
do
47 Montgomery
...•«
Jersey
do
do
101
105
1915
114
1932-1906
1881-95
1880-83
'.06
107
tssn
1t»
io.
1924
1)5*
107
.1868-69,
St., Jersey
January* July.
January A Juiy.
do
do
Jan.,May, Julv & Nov.
J. & J. and J & D.
January
and Jnlv.
104
1876-80
1831-95
1915-24
1908
bonds flat.
[Quotations by C. Zabriskib.
230
July,
May & November,
Kings Co. bonds..,
80
63k
100
95
100
5
Jan., ’77..5
Jan., ’77. .8
.....
103
NOV., ’76
Hew York:
Water stock
do
••••
•
1k
10
10
20
20
20
144|867 17k
Rate.
Street Imp. stock’
50
100
93
69
1390
•••♦
35
85
xS9
99
155
100
110
UO
50
85
12
75
•
5
10
1,682
....1869.
var.
Consolidated bonds
..
••
’33
’76
Oct.,
Aug
•
•
10
14
15
10
8
10
10
Interest.
do
160
75
•
•
•
Improvement stock.... 1869
• .
•
10
•»
pipes and mains...
repervoir bonds
Central Paik bonds. .1853-57.
do
oo
..1853-65.
Dock bonds
lfJO.
...........•••1-75.
do
Floating debt stock.... I860.
Market stock........ .1865-68.
190
1872
ran.. ’77
*
20
30
10k 17
20
17
10
10
10
5
5
13
600,222 8k 8k 10
30
520^059 20 20
10
10
144,638* 10
10
30/35
:o
187|812 5 10 10
10
146,060 sx
13
5
5
lie/so
10
S3,' 563
119^029 10 105 10
10
21,326 10
10
4
509'705
10
10
io
616,160
153 j09S 12k 12k 15
825,791 23 29 50
do
do
102
79
...
10
13
20
306/90 14
2171349 20.
192,247 17
39/54 10
85,850 10
169'315 11
Croton water stock..1845-51.
do
do
..1352-60.
Croton Aqued’ct stock.1865.
96
90
95
8k
7
3
Nassau (B’klyn)...
37k
National
35
N. Y. Equitable....
York
New
Fire ... 100
N. Y. & \onkers.. 100
50
Niagara
25
North F.iver
25
Pacific
100
Park
20
Peter Cooper.
50
People’s
50
Phenix (B’klyn) ..
100
Produce Exchange
50
Relief
100
,...
Republic
100
Ridgewood
100
Resolute
25
Rutgers’
100
Safeguard
25
St.Nicholas
50
Standard
100
Star
100
Sterling
25
Stuyvfcsant
25
Tradesmen’s
25
United States
10
W<1Rt.f'.bpqt,er
50
Williamsburg City.
.
...
10
14
10
i4
Bid. Askd
Bondsdue.
52*
t
.
25
50
25
100
100
25
50
50
50
80
50
50
3k 10
10
5
14
6
[Quotations by Daniel A. Moran.
85
ICO
135
87 H
130
99
75
90
1880
Jan , \7 X69
100
1884
100
200,000
800,000
200,000
200,000
153,000
800,000
210,000
250,000
300,000
200,000
200,000
1,000,000
800,000
200,000
200,000
200,010
200,000
204,000
150,000
150,000
200,000
1,000,000
500,000
200,000
200,000
200,000
200,000
150,000
500,000
200,000
3,000,000
150,000
500,000
200.000
200,000
200,010
150.000
280,000
150,000
200,000
150,000
200,000
300,000
200,000
250,000
200,000
150,000
200,000
200,000
300,000
200.000
200,000
200,000
210,000
200,000
200,000
Price.
City Securities,
Broadway.]
...
50
13/69
138,050
4*23/12
26,144
30J/95
239/67
l'J3
84
7
3
7
100
25
50
50
1(X
30
20
40
13/248
147k
43
90
3k Aug. 1,’76.
3
Oct., ’76
3k Jan., ’.7.
2k Nov.. 76.
Merchants’
Metropolitan
Montauk (B’klyn).
‘235
*77 X100
’77 XS0
93
’.6.
*76. 132
76
Builders’.
ICO
.....
•
Lenox
Long lsland(Bkly.)
Lorillard
.....
•
Irving....
Jefferson
Kings Co. (B’klyn)
Knickerbocker
Lafayette (B’klyn)
Lamar.. .*
......
•
Hoffman
Home
Importers’* Trad..
Par Amount. Periods.
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn....
15
50
50
Howard
••••••
200, (XXI
200.000
100
Hope
100
110
140
City Railroad Stocks and Bonds.
[Gas Quotations by George H. Prentiss, Broker, 30 Broad Street.]
Last
dividend.
Greenwich.,
Hanover
160
200,000
100
so
100
50
100
40
100
100
30
50
17
10
10
IOO
100
50
50
25
100
Hamilton
Gas and
Gas Companies.
Germania
Globe
Guaranty
Guardian
......
Jan.2’74.2J4g
Ju.y i/76*. 4
Jan. 2/77...5
Nov. 1, *76. .4
Jan. 2,’77..4
Firemen’s
Firemen’s Fund....
Firemen’s Trust...
Gebhard
German-Amerlcan
.....
2, 77...5
’72...4
Jan.
Fire....
Commercial
Continental
Eagle
Empire City
Commerce
'2*12"
May, '73...5
Jan. 2. *77.. 3
Jan. 2,’77 ..3
July.lS’74.3)4
Feb. 8/77 3 k
Clinton
Columbia
•
400.000
Dividends.
1872 1873 1874 1875 Last Paid.
83,606
82,580
810,678
8S.06S
200.000
200,000
25
100
50
100
100
20
50
25
190
25
17
20
70
City
......
......
J
8
6
14
Bowery
.
.
.
63*
Jan. 3, ’76...5
4
Arctic
Atlantic
103k
10/77. .4
Julyl/75..3k
Jan.,’77....5
Oct. 1.’75. .4
Adriatic
ACtna
American
American Exch’e..
Broadway
Brooklyn
Feb.
12
12
10
7
8
10
10
8
8
10
10
Par Amount.
Jan. 1,
1876.*
Amity
»....•
*
J.‘&
Net sur
plus,
Brewers’ &M’lst’rs
Jan. 2, ’77.3k
Jan. 2.’77 ..4
Jan. 2/77.3k
Jan. 3,’76.3k
•
....
Jan. 2, *71...3
Jan. 2, ’77...4
n. 3,’77...5
May 1, ’76...3
Nov. 1. *76 ..4
Nov. 1, ’76..4
•
•
Ncv.l, ’76..4
Mch.l, *75..4
Jan. 2, ’77...7
Jan. 2, ’77...4
•
...
...
May 5,’76...6
Mav 3, ’76...7
July 1,’74.3)4
Jan. 2.’77...6
Nov., "76.. .3
Jan. 2/77...3
Jan. 2/77...5
Jan. 2, ’77.. .3
i-2
8
8
3
12
12
8
J. & J.
200.000
10,’76.3k
Feb.l, ’74...8
•
.
101
Jan. 2, 77...8
Jan. 2, ’77.3)4
Nov. 1, *76.,-5
Oct.
....
123
6. *76. “3
Nov.10,’76 ..8
Jan. 1, ’77... 4
July 1/76... 4
7)4 Feb. 1, ’77. .4
8
8
7
12
12
12
10
7
......
.
......
"\i" JanTiT’7L776
3)4
1,000,000
100
12.
14
8
F.&A.
F.&A.
J. & J.
J. & J.
J.& J.
300,000
50
11
J.&J.
J.& J.
J &J.
2,000,000
25
20
Phenix
7
Q-F.
500,000
600,000
50
50
’75.. 5
‘77...4
’77...4
’77...5
’77 .25
Feb. 1,-77...5
July 10,’76..2
8
Jan. 2, '77...8
7
July 1, *76...8
7)4 Oct. 1/76.2)4
8
422.700
2,000,000
100
500,000
100 3,000,000
100
200,000
100 1,000,000
100 3.000,000
100
200,000
100
800,000
ICO
250,000
100 1,500,000
too 1,000,000
Sept.l
Jau. 2,
Jan. 2.
Jan. 2.
Jan. 2,
Askd
......
10
8
10
400,000
300,000
400,000
50
......
“‘4
10
1,000,000
8
12
24
10
10
8
10
100
9
20
8
4
10
91
10
20
3
F.&A
J.& J.
J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
J. & J.
J. & J.
A.& O.
M.&N.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
100
Peoples*
18)
107 \
*i2
Mercantile
.Merchants
Merchants’ Ex
....
Jan. V77...4
Nov. l./H.Sk
Jan. 2, *77. 6
Jan. 2. ’77..8
J.*& J'.
1.000.00C
25
50
25
Nassau*
New York
New York County
N Y. Nat.Exchange..
N.Y. Gold Exchange*
Ninth
North America*
North River*
Oriental*
Pafclflc*
Park
10
*
600.000
100
100
25
25
40
Irving
10
8
12
24
io
J. A J.
M.&N.
A.& O.
F.&A.
M.&N.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
M.& 8.
J. & J.
J. & J.
1.500,000
100
Z..
Importers’ & Traders’.
Bid.
Q-J.
100,100
500.000
30
50
Banover
Last Paid.
Q-F
J. & J.
J. & J.
J. A J.
F.&A.
J. & J.
J. & J.
J. A J.
200,000
150,000
100
100
Harlem*
1875
3,000.000
5.000,000
10
Central
Chatham
Chemical
Citizens’
1874
J. A J.
M.&N.
250 000
J. A J.
1,000,000 J &J.
200,000 M. A S.
500,000 J. A J.
2,000,006 J. & J.
450,000 J. & J.
800,000 ev. 2mos
500,000 J. A J.
too
100
100
25
America*...
......
American Exchange.
Bowery
Broadway
....
Bull’s Head*
Butchers & Drovers..
Periods.
C APITAL.
Price.
Dividends.
Capital.
Marked thus (*)
Insurance Stock List.
Stock List.
Bank
Companies.
109
THE CHteOTtLCLfc
February 3, 1817.]
111/4
ill*
115
115*
107*
106 H
H2 A
105X
City.]
1895
1399-1902
1876-79
1891
1905
.110
101
110
101
100
109
100
109
109
ru9
11*
.
« • •
1« 6
✓
110
781
3 nDEBtments
AND
STATE, CITY AND CORPORATION FINANCES.
The “ Investors’Supplement” is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle.
office,
No single copies of the
only
as
a
Supplement are sold at the
sufficient number is printed to supply regular
•ubscribers.
REPORTS.
ANNUAL
Lehigh Talley Railroad Company.
{For the year ending November 30, 1876.)
The annual report says: The coal tonnage for the past year
was larger than lor any previous year, with
the exceptions of
1873 and 1874.
The following are the totals for each of the past
five years, including both anthracite and bituminous coal:
Tons.
187 2
I
3,877,719
4,172,366
1874
|
Tong.
1875
3,333,472
3,987,018
1876
4,177,282 |
increase during
...
...
This shows an
1876 of 653,546 ons over the
preceding year.
The great reduction in the price of
ca* '«as ca <sed a corre¬
sponding decrease in the charges for transportation.
The total road receipts and expenses for the year are shown
below
:
From transportation of :
Ooal
Gross Receipt?.
$5,030,241
Freight
Passenger?,
express
sequence of the difference in gauge, an agreement was entered
into with the receiver of that company, under sanction of the
proppr Court in New York, by which we advanced, the rails, etc.,
necessary to complete the 4 foot 84 inch gauge to East Buffalo,
thus enabling our cars to pass directly from our own line to Buf¬
falo aud to the International and Suspension Bridges, and putting
us into connection with
all the lines centering at those points.
The amount advanced under this contract was $903,531, to be re¬
paid with interest in monthly instalments, and there were coming
us at tbe close of our
fiscal year $67-5,000, we having been
repaid $228,531 to that date.
Neither the lands owned by us, nor those owned by the Lehigh
Valley Coal Company, are subject to any bonded or other debt.
The only guarantee of this company, in connection with our coal
interests, is that of the bonds of the Delano Laud Company, cov¬
ering 5,229 acres of coal land in Schuylkill county, with eight
collieries in operation, and amounting to $1,697,000, of which
$312,000 are owned by us.
to
Pennsylvania & New York Canal and Railroad.
{For the year ending November 30, 1876.)
Tbe report Las the following :
The earnings and expenses lor
1876,
were as
and mail
1875
Increase
Increase per cent
Income from all sources,
Expenses.
Net
Receipts
$2,489,897
$2,549,344
405,946
827,906
785,552
507,853
.$7,049,646
$3,842,750
$3,206,896
6,016,495
.$1,003,151
3.262,861
$579,888
16 59-ICO
2.781,633
$423 263
17 77-1CO
15 21-fOO
.
year
ending November 30tb,
Gross
From
Transportation of coal
Transportation of freight
Transportation of pasrengets,
Net
receipts.
$949,572
387,329
Expenses.
$598,016
269,749
318,502
200,936
1,527
.
including
interest received
from invest-
expenses
of the road
Net income
On November
account was
as
30, 1876, tbe close of the fiscal year, the capital
follows
:
Preferred and common stockg, including scrip not yet con verted... $2
7,228,921
Six per cent bonds, dne in 1898 (coupon and registered).
5,100,000
Sevtn per cent registered bonds, due in 1910
L 6,000.000
'Consolidated inor.g ge
bonds
Floating debt, less cash on hand
13,186,000
460,208
$51,875,128
The increase of the capital account beyond tbe amount in the
22,301
Total
1875
hand at close of last year.
Increased locomotive ar d passenger car equipment
Increased com a: d freight tar equipment
Easton & .Amboy Railroad
Ba’ance due by Erie Railway Comp tny as exp ained below
Redempdon of Morris Canal bonds
Purchase of additional interest in Geneva, Ithaca & S lyre
Company
$351,556
117,580
117,566
Loss
$1,678,338
895
22,301
....
$1,070,2:9
942,162
$608,109
538,878
$127,962
$69,231
There have been
paid during the year $210,000, for interest on
bonds, leaving -$398,109 08 applicable to taxes, dividends, in¬
terest, etc. It is proposed to declare a dividend of $350,000, being
10 per cent, on the preferred stock outstanding in 1874.
It is gratifying to note an increase in receipts from every
branch of the traffic of our road, despite tbe continued severe
depression of the business of tbe country.
The total coal tonnage for this year is 1,165,95*2 12-20 tons, and
is compared with last year’s tonnage as follows:
Anthracite
Bituminous
Total
1875.
Tons.
74 *.073
804,344
58,271
335,191
361,607
26,416
1,083,264
1,165,952
82,688
1876.
Ton?.
St. Louis Vandalia & Terre Haute Railroad
last report
is $2,653,830. This is represented by tbe following
expenditures, the difference in the totals being made up by cash
receipts.
express
and mail
Canal
320,052
ments, &e., amounted to
on
the
:
Increase
Total
assets
follows
Miscellaneous
.
•Operating
[February 8, 1877.
THE CHRONICLE
The
Increase.
Tons.
Company,
{For the year ending October 31, 1876.)
report shows the following :
EARNINGS in detail compared with last year.
$294,898
590^540
1,044/70
’b7o]000
573,090
Railroad
Advanced for construction puruoses to Penn. & N. Y Canal & Rail¬
road, for which we receive tneir ten per cent preferred stock......
121,203
203,000
$3,498,815
1876.
From freights
From passengers
From express
From mails
1875.
Increase.
$618,626
$592,913
399,788
349,078
33,552
30,677
$25,712
50,709
.
3 ».309
87,532
Total?
.*
.$1,086,246
The following will show the
lessee during 1874-75 and 1875-7G
1876.
The first and second mortgage
Decrease.
$....
3,251
6,855
$l,C03,2i0
$80/25
comparative
expenses
of tke
*.
1875.
Increase.
Decrease
bonds of the Morris Canal and Conducting transportation. ....$215,153
$2.0.128
$
$4,97*
Banking Company, in all $785,000, became due in April last, ani Motue power
191,535
207,068
15,532
Maintenance
of
Lave been paid by us, and the mortgages are
251,675
270,877
10,798
satisfied. That Maintenance of way
cars
72,363
59,550
12,813
company has created a new first mortgage for one million dollars, General expenses
3 ’,735
23,953
8,782
of which amount, bonds have been delivered to us for those
paid
Totals
and canceled, and the remainder is held to be
$814,'82
$320,553
$5,677
exchanged for
Tbe result to the lessee in the operating of the road
~aDy further indebtedness of theirs which we may discharge.
during
The Easton & Amboy Railroad Las been
operated since its 1875-76 was as follows :
opening as a part of our own road, and we transported over that Total expenses, as before stated
$814,682
division 881,459 tons of anthracite coal
713,453
during the year. The Percentage (7r) of earnings allowed for expense?
double track has been completed
throughout, and the necessary Loss for 1876
$71,229
sidings, station-houses, etc., furnished for the proper working ot Loss for 1875
146,712
’the line, and large additions made to tke
shipping facilities at
Decrease....
Perth Amboy.
$75,483
Tbe total cost of this road and its appurtenances,
From the earnings as above should be deducted the net
at the close of our fiscal year, was $9,544,038. This road is
wholly amount
owned by us, and is free from all debt.
paid on account of division of earnings with other com¬
The Pennsylvania and New York Canal & Railroad
Company, panies, $24,170, leaving total earnings, on whiclijrental is to be
flias continued to be our mo9t valuable feeder and outlet for busi¬ computed, $1,062,075.
Thirty per cent of the preceding amount, being rental, is
ness, as well as a very important source of income as an invest¬
$318,622
'159
ment.
Besides holding a majority of the common stock, this Add interest on city of Greenville bonds
'•company owns $3,977,400 of their preferred stock.
Total r venue
$318,782
The Ithaca & Athens and Geneva & Ithaca Railroad
The year’s charges against this sum were:
Companies,
whose lines were built as a northern connection of the
Pennsyl¬ Interest on 1st
$132,930
vania & New York Railroad, passed into the hands of a receiver Interest on 2J mortgage bonds
mortgage bonds
182,000
Taxes
early in 1875, and the property and franchises were sold in Sep¬
20,108
General
expenses
tember last.
We joined with other bondholders in their
1,753— 336,791
pur¬
chase. Tbe two companies were reorganized under the laws of
Leaving a deficit for the year, and advanced by the lessee, of
$18,009
the State of New York into a new
corporation, as the Geneva, Deficit for ls75, as then ascertained
$126,434
Add
taxes
Ithaca & Sayre Railroad Company, with a
to that year, since paid
5,382— 131,817
present capital stock of B dance to belonging
debit of income account, Nov. 1, 1874, and taxes paid
$850,000, subject to a debt of $600,000, bearing interest at seven
since..,.
*
112,260
,per cent in gold, being the first mortgage bonds of the Ithaca &
Total deficit to Nov. 1,1376
Athens Railroad Company, and secured by
$2o2,087
mortgage of the tbir y*
five miles south of Ithaca.
The whole line is seventy-five miles
Of this deficit, $201,000 is composed of the interest,
charged iu
in length, connecting the line of the
Pennsylvania & New York 1874, for two years and cne month, on the income bonds, since
Railroad at Sayre with that of the New York Central Railroad at
exchanged for preferred stock.
-Geneva. Of the above-named capital stock, we hold $693,400.
Of the whole amount of increase in the;
1
freight earnings,
Our business with tbe Erie
Railway Company, at Waverly $25,392 was in that received from or destined to other roade, and
j&nd Elmira, haviDg always been subject to inconvenience, in con¬
$320 in the local freight business; this result having been
..
....
..
....
....
....
.
—
—
—
-
,
...
.
■
,
decrease in the average rate received,
equal to 4 23-100 mills per ton per mile, or 15 49 100 per cent, in
the case of th» local tonnage, ani 0 33-100 mills, or 3 86-100
reached in the face of
111
CHRONICLE
THE
February 3, 1877.]
a
Gross ear,iin«8
Operating
Net
Interest
781
$8 054 174 •
"
expenses
4,’903]324
earnings
$3,100,817
1,0 8, >65
;rtgage debt to July 1,. 1876
percent, in the foreign tonnage.
A very gratifying increase is shown in the coal tonnage.
The
$2,022,161
total tons carried in 1876 were 223,830, as against 192,863 in 1875, Dividend on preierred stock, Oct. 5, 1876
429,6O0
the increase being 40,492 tons, equal to 22 14 100 per cent.
The
earnii gs realized from this c'iiss of traffic were, however, in¬
Sinking fund, Dec. 26, 1876
creased only $2,875 74, or 2 8-10 per cent. This disparity be¬
tween the increase in coal earn ngs and the augmented tonnage
$1,539,554
Interest on mortgage debt to Jan. 1, 1877
.'.
l!082^397
was caused by undue competition for the business among the
railroads entering St. Louis.
Balance
•
$457,157
The amount of earnings absorbed by expenses was 81 54-100
The Cincinnati Southern Railroad*—The bill proposed by
per cent in 1875. and 73 per cent in 1876, being a reduction on
the Southern Railroad Committee of the Cincinnati Bjardof
this basis of 6 54-100 per cent of earnings, or 8 02-100 per cent of
Transportation to provide for the future of the Southern road, is
expenses.
There have been no expenditures made during the year for substantially that the present trustees of the Cincinnati Southern
Railroad should be authorized by law to operate such portions of
additional construction and equipment. The payments appearing
the road as may be completed from time to time by a system of
as additional charges on this account were in settlement of claims
tolls to persons or companies running and furnishing cars and
incurred prior to 1875.
necessary equipments, or by the organization of the necessary
CONDENSED GENERAL ACCOUNT OCT. 31, 1876.
force of employees, and the purchase or lease of suitable equip¬
Cr.
1
Dr.
ments for operating said road.
Cost of road and eqoipra’t., $8,310,5°0 I Common stock. .$2,376,950
2,000 Installing paid.
6,365—$2,383,315
City of Greenvilie bonds...
Consolidated Virginia Mining Co.—From a late report the550 I Preferred stock
Due by Clark county
1,451,700
following
statement shows the amount of bullion produced :
Firet
985
1
Cash
1,899,000
mortgage bonds
,,
on m
.
,
.
^’^’OCO
.
....
Unsettled account
Income account balance
1,878 ! Second mortgage bonds...
262,087 1 Bills payable
I Coupons pu t due
Coupons due Nov. 1, 1876.
I Due T. H. & I. R.R. to. for
| construction, &c
iDueT. H. &I. R. R. Co.,
..
I
S3 578,032
Total
I
2,600,000
26,133
665
91,0u0
Year.
1873.
1674
29,069
'.
NEWS.
Bank of Tennessee Notes.—The Supremo Court of
erence
to any
other creditors.
Tennessee
issue of the
bank in pref¬
The amount issued is variously
estimated from $700,000 to $1,000,000, and will consume the entire
assets of the bank, which is now in liquidation.
The matter will
the United States Supreme Court for final decision.
go to
Boston Water Power.—The committee of the compi ny have'
notified the bondholders that that the company
have been unable
carry out in full the proposition submitted at the last meeting,
but from various causes have found it impossible to borrow
to
and
the
savings bank on the underlying mortgages. The company, how¬
ever, have given to the trustees of the bondholders their note for
$50,000, for one year, at seven per cent, secured by the first mort¬
gage of a lot of land on the Back Bav, this being collateral secur¬
money sufficient to pay the coupons of December 1, 1875,
have only succeeded in paying one-half of the interest to
ity for the payment of the overdue December coupons.
Central Of New Jersey.—At a meeting of
Wednesday,
on
it is
The
on
reported that
the invitation of Mr. E. C.
more
stockholders held
Knight, President,
than half the stock was represented.
meeting was private, but it was
afterwards stated that Mr.
an address denying all the damaging rumors that
have been in circulation lately, more especially that the road was
Knight made
placed in thg hands of a receiver, or that he intended to
resign the presidency, and that other changes in the management
were to take place.
He declared that while he held the position
of president he was determined not to allow the road to go into
the hands of a receivei. The interest on the first mortgage
bonds of the company would be paid at the office on Thursday.
to be
He then asked those present to subscribe for the $3,000,000 of
certificates of indebtedness authorized by the Board of Directors in
December last, in order to pay off the floating debt and enable the
meet all its maturing obligations. These obligations
supposed to consist of moneys due to the Lehigh Coal & Nav¬
igation Co., and part of the interest due Ftb. 1, although it is
understood that the latter was fully provided for last week.
company to
are
These certificates of indebtedness that are now being issued
secured by a deposit of the mortgage bonds of the Lehigh &
Wilkesbarre Coal Co., owned by the company, with the trust
are
in Philadelphia, of which Mr. Knight is president—the
agreement being that $5,000 of the mortgage bonds are to be
company
deposited for every $3,000 of the certificates issued.
Central Pacific Bonds.—Cyrus G. Clark, residing at the Grand
Central Hotel, was arraigned before Justice Kilbreth at the
Tombs Police Court on a charge of uttering 21 forged bonds of
$1,000 each of the Central Pacific Railroad Company. The bonds
were offered as collaterals for a loan at the East River Nat. Bank,
and when presented at the office of the Central Pacific Railroad
Company, they were immediately pronounced to be spurious. The
genuine issue was Bhown, and by comparison it was easy to
detect many imperfections both in the engraving and the signa¬
tures
Quincy.—The new five per cent sink¬
($2,200,000), secured by pledge of a like quantity
of the St. Louis Rock Island & Chicago Railroad’s seven per cent
bonds, have been awarded to Messrs. Morton, Bliss & Co., and
Lee, Higginson & Co., at $875 05 per bond of $1,000.
Chicago Milwaukee & Sh Paul.—The following is a summary
statement of the gross and net earnings, operating expenses,
interest, dividend, &c., for the year ending Dec, 31, 1870 :
Chicago Burlington &
ing fund bonds
49
92
22
11
$*315,5r2 17
4.931,184 05*
16,717,394 76
16,657,649 47
$39,002,110 45
27,000,000 00
capital stock of the cumpany is now 540,000 shares of the
value of $100 each. Each share has paid $50 in dividends
The
par
has decided that the holders of the new or war
Bank of Tennessee are entitled to the assets of the
-
7,035,236 54
7,378,145 36
Total.
Silver.
$331.2*3
2,918,043
9,68’,183
9,2.9,504
Total
Dividends paid
$8,578,002
GENERAL INVESTMENT
$314,288 68
2,063,438 13
97,118
rent account
Total
Gold.
•
besides the stock
fornia.
in
dividend of seven-twelfths of
a
share of Cali¬
Decatur Sullivan & Mattoon.—This road is noticed for saleforeclosure, at Springfield, Ill., oa the 14th of February. The
the Chicago & Illinois Southern.
Detroit & Milwaukee.—The Detroit Tribune says: The
first and second mortgage bondholders of the Detroit & Mil¬
waukee Railroad held a meeting in this city Wednesday, t'ureefourths of the $4,500,000 involved beiDg represented.
Messrs.
H. N. Walker, George Jerome, George Hendrie, Detroit, with Sir
Charles Young of Eagland, and Mr. Martin of Hamilton, Oat.,_
were appointed a committee to win 1 up the affairs of ihe present
organization and start it off on a new basis (after foreclosure)'
under the name of the Detroit Grand Iliveu & Milwaukee Rail¬
road.
They were empowered to settle the differences with other
railroads and corporations, and to issue $5,000,000 in bonds to
run thirty years, a part of these to be given in exchange for old
bonds, and for the payment of debts already incurred aud of
expenses necessary by the reorganization.
Illinois Central.—The Secretary of this comp an v, Mr. L. A.
Catlin, wrote at some length to the stockholders in Holland, un¬
der date of December 5, stating, in substance, that the greatdecrease in earuiDgs has arisen from the numVr of new lines
crossing the Illinois Central and the ruinously low rates of
freight by rail to the East, which have prevented grain from,
going to Chicago for lake transportation. He says in his letter :
“We have been obliged to accept lower rates or give up the corn tn.ffi; f >r six
or seven years past, and our deliveries of grain at Chicago i.ave fallen from
18,010,900 of bushels to about 8,000.000. Until the present year there has been
an increase of miscellaneous trjffic, which made up ihe losing business in
corn, and our net reeu’.ts gave an honestly-earned dividend to the sharehold¬
ers.
But through the present year .he contest of the trank lines has been
more bitter than at any previous time, almost reaching the point of paying for
the privilege of taking freight.
* * * So disastrous is this competition,.
that it is within bounds to say that seven-eighths in number of the rail¬
ways in the middle States a e brought to the verge of bankruptcy. Thiscannt t
occur to the Illinois Centr .1 with its small debt and the condition of property
itself. The road, the m .cMnery, and the railway stock are fully maintained,
and compare favorably with those of the best roads in the country. It is the
impression of the board that we shall find relief by our southern c »nnection
whenever we obtain po^se Sion of the NewOrleaDS lines, and effect wo king,
arrangements with the Mobile & Ohio Road, and the Iroi Mountain (which
connects with the railways of Texas), so that we m y build u* a traffic to
and from the South, to take the place of our grain traffic. If this is not partia ly restored 10 us by a settlement of the contest g>ing 111 between the.
road has
recently been known
as
seaboard lines.”
meeting of stockholders was held, January"
Klerck reports some " 7,550 certificates were
represented, though about 70,000 are issued here. The intention,
was to appoint a man of influence and knowledge to inquire in
America about the condition of the compiny and the means to
avoid the bad effect of the competition of other railroad com¬
panies. After much discussion, the administration here got
power to appoint such a man, Mr. de Marez Oyens having de¬
clined to accept this commission. In our market the public con¬
tinues daily to sell the shares of said company, as it fears that
the mentioned publications and proposed agency will be the be¬
ginning of the end of the payment of dividends.”
Louisville Paducah & Southwestern.—The Louisville &
Nashville Railroad Company bought only the Cecilia branch of
The main
the Louisville Paducah & Southwestern Riilroad.
line is taken over by the bondholders, who have organized into
the Paducah & Elizabethtown Railroad Company. Amicable
working arrangements for connection with Louisville over the
main line of the Louisville & Nashville Railroad have been made..
Possession of the main line was taken February 1.
Macon & Brunswick.—In his recent message, the Governor of
Georgia states the operations of this road, lor the year ending.
—Ia Amsterdam a
15, at which Dr. de
Nov. 30, as
follows:
$317,829
Gross earnings ($1,613 per mile).
Expense account (96.62 per cent)
307,054
Balance
$1^,774
47,701
Add balunces duo from other roads
$58,415
Total
The
$18,097 03 have been collected.
Of these balances due,
policy of the management has been to improve the condition of
the road as much as possible.
Proposals have been invited for
the sale or lease of the road; if no acceptable bid is received,
some action by the legislature will be required.
Maxwell Lftndf &<)., Bonds.—A member of the committee in
Amsterdam writes under dale of January 2, taking exception to
tone of Dr. do Klerck’s remarks iu the Chronicle of Nov.
the
being too unfavorable to the proposed plan of reorganiza¬
tion.
As to the facts of the case, which are chiefly important to
our
readers, he sends a copy of the Amsterdam E]}\cten Blad,
with an ariiclc containing the following:
“What is the good of publishing in an American newspaper
that the holders are convinced that, under the grant, they cannot
lay claim to more than twenty-two leagues—which, moreover, is
a gross untruth ?
lathe committee’s pamphlet treating of the
plan cf reorganization referred to, it was positively and markedly
«hown that tbe letter of Minister Cox is based upon an entirely
erroneous interpretation of the law, which is likewise the opinion
of the most able Americin jurists, such as Evarts; Davies,
Bayard, Benjamin, and even that of Minister Cox’s successor,
11,
as
Minister Delano.
meeting
of
was
The committee,
a
at
What evidence is there
now
to show that the
different opinion or had auother conviction ?
least, did not favor any other opinion,
Missouri Pacific.—This company entered suit, January 20,
in the Circuit Couit of St. Louis County against the Atlantic &
Pacific Railroad (now called the St. Louis & San Francisco Road)
for breach of contract, and asks judgment in the sum of
$7,650,000. Tbe suit
grows out of the lease of the Missouri Pacific
made in June, 1872, to the Atlantic & Pacific,
claimed by the plaintiff, was unlawfully broken.
.and its branches,
which, it
was
New York City Surface and Elevated Railroads. — The
Tribune gives the following figures, taken mainly from tbe reports
made to tbe State Engineer, and says of the Elevated Road:
“For the last three months of 1876 the receipts were $64,450. The
average number of passengers given in the table is for the month
of December, but since the opening of the new year the daily
average, with the exception of Sundays, has been about 10,200.
The facilities for carrying a still larger number of passengers by
this road are also increasing. In March, two more engines will
be put in use, and if the road is completed to the Battery, it is
doubtful if even these will be equal to the demand. In the
schedule time on the surface roads little allowance is made for
stops. The running time on the Elevated Road for five miles is
28 minutes, allowing for 14 stop?.
If each of these takes half a
minute—they usually consume more time—the rate of speed
would be a mile in four minutes. If no stops were made, the five
miles could be run in 14 minutes.”
Av’ge No. Av’ge
Run’ng
Gross
rate”
pass’rs
daily
Roads.
Ninth Avenue
Bleccker Street
Fourth Avenue
Second Avenue
..
.
..
..
Eighth Avenue
Cars. Horses. dailv.
20
200
5.468
360
36
11,34-2
779
116
36,411
lie
1.156
43.221
..
1,150
44,815
44,672
46,544
2.327
100
1.133
778
1.178
2,161
2,220
2,243
Dry Dock
Sixth Avenue...
..
Broadway & Seventh Av.
Third Avenue
Elevated
*
Minutes,
132
..
..
..
567
2.184
112
Belt
276
35
1,192
1,979
+16
earn’gs.5!# mile*
receipts.
$272
$94,795
12
207,00)
1054
797,401
789,294
81 *,372
9
10
11
818,926
899.052
13
909,929
10*
48.859
2,492
54.563
2,728
94,771
4,7-8
1,014.874
2,0i 0.04 )
8,-300
830
201,032
'
Georgia.—The receiver reports
as
lows for the year ending November 30:
•Gross earnings ($39? per mile)
Expenses (96.46 per cent)
Net
10
10
4
t Engines.
North and South of
earnings ($14
per
[
fol¬
$9,013
8^581
mile)
§332
The Governor transmits the report to the Georgia
Legislature
with the recommenda ion that the State dispose of the
as soon as
possible,
even
able loss.
if it is necessary to do
property
so at a consider¬
Pennsylvania Anthracite Coal Co.—1The stock lias
to tho free list of the New York Stock
Exchange.
admitted
following statement
was
Area of coal lands
made by the company
Total
been
The
:
3,505
acres
in fe^.
895
acres
leased at
a
nominal
royalty.
2,400 acres.
These lands
situated
Scianton, Pa.
Improvements completed: 3 breakers, 1 shaft, 2 slopes, 5 tun¬
nel?, having a capacity of 450,000 tons of coal per annum. The
report of the company for the fiscal year ending December 31,
1875, was as follows:
are
near
Real estate, including improvements and eight miles of railway
connections
Personal property,
including two locomotives, 100 head mules and
horses, 300 mine cars, etc
185 260
Royalty account
New coal breakers and
improvements in
process
First mortgage bonds in hands of the company
dash in Treasurer’s hands
Total
Capital stock, 20,000 shares of $IC0 each
First mortgage
Accrued profits
bonds, due 1893
Bills payable, floating
$2,3:6,632
101,350
101,2/ 0
BKls receivable
Accounts receivable
of construction....
[February 3, 1877.
CHRONICLE
THE
112
4.^518
53,328
710,000
11,307
$6,587,714
2,000,000
1,000,000
276,266
114,4:0"
Time loans
Due on in niug and constructions for December
160,000
36,997
Total
$3,587,714
The
receipts from coal sales during 1875 showed a surplus of
$145,876, after payment of interest, taxes and expenses. The
stock of the company
New York.
is registered at the Union Trust Company,
St. Louis Laurence & Western.—This road will be sold in
It was formerly
foreclosure at Laurence, Kansas, Feb. 23, 1877.
known as the St. Louis Laurence & Denver.
Tennessee Finances.—The following resolution lias been
passed by both Houses of the Tennessee Legislature, and signed
by the Governor:
Whereas, The General Assembly has with pleasure received, through the
«,f his Excellency, the Governor, the communication of certain gen¬
tlemen, holders of ihe bonds of the State, and representatives of holders of
bonds, Heking a conference, looking to a permanent and equitable adjust¬
ment aud compromise of the claims held by them against the State; there¬
fore, he it
Resolved, by this General Assembly, That the Governor be requested to
message
communicate by telegrams or
ties of the State, mentioned in
by letters with the gentlemen holding securi¬
his message, and with others holding bonds of
the State, and request them to submit, at the earliest day possible, through
him, to th;s General Assembly, any proposition or propositions of adjust¬
ment and compromise which they may desire.
Texas Railroad Bonds.—The prices of bonds in January is
referred to as follows in the circular of Messrs. Forster, Ludlow &
Co.: “Railroad mortgage bonds were neglected. Texas Central 1st
7 per cents, gold, Main Line, were held at 86^-87, with 85£-86
bid
;
the transactions
were
few.
The Western Division sold
down to 81 cents, on account of the completion of the Interna¬
tional road to Austin, which will deprive the Western Division
of a great deal of its traffic.
The Waco branch mortgages were
neglected, and the 2d consolidated bonds are nearly unsalable,
except at a large reduction. Galveston Houston & Henderson 1st
7 per cents, gold, were dull at 72 bid and 75 asked. Galveston
Harrisburg & San Antonio 1st 6 per cents, gold, sold at 83 cents ;
the bonds are now held at 85 cents and are advancing. Texas
Western Narrow Gauge 1st 7s paid its interest promptly on the
few bonds sold; it is impossible to make a quotation. There has
been some inquiry for International railroad stock.”
r
Railroad
Construction
in
1876.—“The
of
distribution
tbe construction of the last year is peculiar.
Nearly onehalf of the new road is in four of the thirty-eight States.
Illinois,
which built 686 miles and 9£ per cent of the
has but 49 miles and 2 per cent of the whole in
1876; but Texas built very nearly as much last year as ever
before, and a much larger proportion of the whole, taking the
whole in 1872,
lead of the States with 388 miles and 16 per cent of the
California follows with 350 miles and 14 1-3 per cent
whole.
of the
whole; then Ohio with 270 miles and 11 per cent of the whole.
The fourth place is taken by Colorado, the newest of all the
States, with 155 miles of road and 6 1-3 per cent of the whole.
The only other States which have more than 100 miles ot new
road are Kentucky, in which the City of Cincinnati has built 133
miles in a single line; Wisconsin, where the Potter law had re¬
inforced more natural causes to prevent construction for two
years previous, but which last year celebrated tbe repeal of the
law by leading the Northwest in mileage constructed—124 miles;
and Missouri, whmh has 109 miles.
The greatest length constructed by a single company is 19G
miles by the Southern Pacific.
Then follow : Cincinnati South¬
ern, 138 miles; Texas & Pacific, 120; Columbus & Toledo, 117;
Denver & Rio Grande, 108.”—Railroad Gazette.
“
i—
-
—-
-
—The official statement in
Insurance Company, made by
regard to the Washington Life
the New York Insurance Depart¬
ment appears in our columns to-day.
The Insurance Superin¬
tendent says its management is “able, prudent and
honorable,”
and that, after a most thorough examination of each item of its
assets, he finds nothing to condemn but much to commend. This
official endorsement of the old Washington Life is flattering to
its executive management, and must be acceptable to its
policy¬
holders and friends. It will be seen by reference to tlie report
that its officially examined and admitted assets foot up $5,173,278 83, its gross liabilities $4,386,685 83, and its surplus $786,.593.
In addition to these asset?, officially admitted, are $92,216 53
other good assets not technically admissible under the laws,
which would iucrease the surplus over all liabilities to over
$2,878,809. The Washington has some special non-forfeitable
features, whereby its policies are continued in force notwith¬
standing non-payment of premiums, well worthy the examination
of the
public.
—Tbe annual report of tbe Cooper Union for tbe Advancement
of Science and Art, for the year 1876, shows a revenue of
$50,603,
and expenditures of $50,292. In the continued
prosperity and
usefulness of this noble charity, the general public has a
great
interest.
—Mr. J. Bell Austin, stock broker, formerly of No. 319 Walnut
street, Philadelphia, has removed to No. 203 Walnut place (316
Walnut street). Mr. Austin’s name has been familiar to tbe
readers of The Chronicle for
a number of
years in our adver¬
tising columns, and those having occasion to purchase securities
through his agency will note the change of address.
—The card of the New York Mutual Insurance
Company
(Marine) is found in our advertising columns. This old company,
organized originally on the stock plan in 1793, is conservatively
managed, and its executive officers, who are known to us as gen¬
tlemen of high standing, give most careful personal attention to
the details of the company’s business.
Our friends in the cotton
trade having occasion to place marine risks may find it advan¬
tageous to ascertain the terms offered by this company.
COTTON,
3H)e Commercial Cimes.
The Movement of the
from the South to-night, is
this evening (Feb. 2), the
February 2, 1877.
Speculation in the principal staples of domestic produce has
declined, at least so far as it involved operations for an advance
in prices ; and as obstacles to transportation are removed, general
trade increases in volume, while there is much less complaint
than formerly of unremunerative returns.
Collections are fair}
but all classes ot buyers operate with much prudence, and there
is neither activity nor buoyancy pervading mercantile circles;
.simply a patient and more confident waiting for the progress of
The political horizon is calm on both sides ot the
events.
Atlantic, but the agitation of a plan for the immediate resumption
of specie payments is cause of alarm to many timid people.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise, at dates given:
Friday Night,
1876.
Feb. 1.
tcs. and bbls.
bbls.
tea
4,493
25,492
bales.
Tobacco, foreign
Tobacco, domestic...
Coffee, Rio
Coffee, other
1877.
Jan. 1.
8,310
46,623
33,166
8,115
3-\699
52,900
14,084
21,474
21,023
16,705
27,192
bags. 227,720
bags. 51,259
mats. 123,36*2
11,632
11,350
None.
2,511
24,57*2
3,141
5,380
hhda.
Coffee, Java, &c
1877.
Feb. 1.
20,862
19,303
450
Cocoa
bags.
140
Sugar
Sugar
hhds.
boxes.
bags, etc.
16,336
7,065
90,025
19,900
11,233
28,325
87,066
bbls.
3,147
12,970
904
12,500
803
3,500
bbls.
4,6:9
Sugar
hhds.
hhds.
Melado
Molasses, foreign
Molasses, domestic
Hides
Cotton
...
No. 118,400
bules. 141,633
bbls. 89,417
.
Rosin
Spirits turpentine
bbls.
Tar
Rice, E. I
Rice, domestic
1,519
2,063
bbls. and tcs.
13 000
2,300
bags.
14,900
bags.
*
bags. 247,525
Linseed
Saltpetre
Jute
Jute butts
'
bales.
...bales.
bales.
15,023
3,478
802
819
2,852
and the sales have fully equalled the receipts; stocks
Are consequently kept low.
Rice and molasses are without new
features. Foreign dried fruits are generally firm and fairly active.
Sugars have been active and advancing. Yesterday, the sales
embraced five cargoes of Manila, to arrive, at 8£@8fc.
The stock
in this market is exceptionally small, and it is stated that in the
four principal markets on the Atlantic seaboard, it is not more
than one-fourth as large as last February.
The market has been quiet for Kentucky leaf, and the sales
for the week are limited to 400 hhds., of which half are for ex¬
port, and the remainder for home consumption. Prices are barely
steady. Lugs quoted at 4£@74<l, and leaf, 8^»15c. Sead leaf has
also been much less active, but prices, especially the better
grades, give no indications of weakness. Sales have been 250
cases sundries at 4£@25c_; 20 cases
New England, crop of 1873,
11c.; 90 cases Ohio, crop of 1874-75, on private terms; 480 cases
New England, crop of 1875, 9, 10, 12, 15,16, 25 and 32c.; 60 cases
Pennsylvania, crop of 1875, 18@25c., and private terms. Spanish
tobacco is dull, and the sales for the week are only 500 bales
Havana, at 75c @$1 10.
There has been a moderate business in ocean freights—that is,
in berth room; rates have again materially declined, and this
was the stimulus;
charters, however, are dull and nominal.
Late engagements and charters: Grain to Liverpool, by steam,
4£d.; cotton, £d.; provisions, 30@40s. per ton; grain, by sail, 5d.
from store; flour, 2a., and cotton, 9 32d.; grain to London, by
-steam, 5^d.; cheese, 40s.; grain to Bristol, by steam, 6d. per 60
lbs.; bacon to Hull, by steam, 40s.; refined petroleum in cases to
Java, 40c., gold ;* do. in bbls. to Liverpool, 4s. To-day, business
was quiet, and rates in some instances were again lower:
grain
to Liverpool, by steam, 4fd.; clover seed, 35s. per ton; bacon,
30s.; provisions to Bristol, by steam, 37s. 6d@40s.; grain to Glas
gow, by steam, 4d. per standard bushel; crude petroleum to a
French port, 5s.; residuum to Liverpool, 4s.
Naval stores have been exceedingly quiet, and prices are weak
and lower; spirits turpentine, 44c ; common to good strained
rosin, $2 10(5)2 20. Petroleum dull and nominal at I2£@12£c. for
crude, in bulk, and 26f?. for refined, in bbls. In iron there were
sales of 5,000 tons Gray forge, delivered at Hoboken at $18.
Ingot copper again firmer, with 400,000 lbs. Lake sold at 20:§20£c..
Whiskey closed at $1 08, cash. Clover seed is held firmer at 16@
r
(
19,560
12,827
14,529
4,172
7,406
11,612
12,621
6,262
10,240
7,416
917
636
143
496
329
883
4,166
11,055
1,601
9,966
3,314
11,850
1,619
15,612
1,842
1,146
13,477
8,132
593
488
273
933
657
859
138,374
131.379
108,152
147,669
126,521
92,688
City Point, &c
}
Sept. 1.... 3,144,189 3,066,184 2.635,772 2,693,431 2,379,826 1,916,479
The exports for the week ending this evening reacli a total of
123,383 bales, of which 92,822 were to Great Britain, 16,886 to
France, and 16,675 to rest of the Continent, while the stocks a*
made up this evening are
stocks and exports for the
week of last season:
New Orleans*....
cargoes,
9,422
400
Norfolk
5,600
19f@20fc., gold, for fair to prime
11,296
360
North Carolina
now 892,181 bales.
Below are the
week, and also for the corresponding
Exported to
Week
ending
Great
Britain.
170,869
4.597
3.979
46,000
804
38,116
9,726
309
Florida
Feb. 2.
4,600
1,400
26,044
j-
1,024
46,689
10,726
15,853
15,495
2,012
Tennessee, &c
5,425
5,250
5,09i
11,341
12,006
17,196
10,889
Indianola, &c
Total since
9,899
6,533
2,613
12,706
62,057
18.2.
11,220
Galveston
6,250
2,810
1,174
11,753
12,0)5
12,260
Savannah
Total this week
35,795
11,107
60,832
157
Royal, &c.
3,783
1,796
to choice.
17c. for Western and Stale.
Charleston
3.895
apparently lost all the speculative strength which so recently
pervaded the market. To-day, pork was nearly nominal on the
spot, and $16 50 the closing bid for'mess, February and March
•delivery, with sellers at $16 60@16 65. Lard was dull at $11 on
the spot, and the closing bids were $11 02| for February, $11 12£
for March and $11 25 for April.
Bacon was moderately active
at 9^c. for long and short clear together, February delivery, but
closed dull. Butter lias slightly declined, and cheese relapsed
into dulness.
Tallow has favored buyers at 8&@9|c. for prime
Rio coffee has ruled firm at
Mobile
18T3.
1874.
1815.
1876.
60,944
14,473
9,818
New Orleans
Port
given below.
1877.
Receipts this week at—
53,100
213,065
47,070
07,717
bbls.
I,<t67
....
Provisions have been dull, and “ hog products” are depressed;
hut the most marked decline is in pork and lard, which have
Manila hemp
Ashes
For the week ending
total receipts have reached 138,374
bales, against 109,447 bales last week, 115,015 bales the previou*
week,and 101,132 bales three weeks since, making the total receipts
since the 1st of September, 1876, 3,144,189 bales, against 3,066,184
bales for the same period of 1875-6, showing an increase since
Sept. 1, 1876, of 78,005 bales. The details of the receipts for
this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows :
111,100
260,280
54,916
155,700
Friday, P. M., Feb. 2, 1877.
Crop, as indicated by our telegram*
,
COMMERCIAL EPITOME.
Beef
Pork
Lard
113
THE CHRONICLE
February 3, 1877 j
France
31,493
Mobile
7,863
16,871
-.
Savannah
Galvestont
New York
Norfolk.
Total this week..
•
•
•
•
•
Conti¬
this
week
nent.
week.'
1876.
1,902
45,614
11,627
9,179
•
•
•
•
»
■
4,631
7,517
33
92,812
1877.
187ft.
1,606
20,171
23,110
7,553
3,639
5,499
16,675
126,383
99,562 892,181 921,569
1,316
3,300
3,376
....
....
16,885
Stock.
43,821 287,035 386,246
8,363 71,695 92,07*
5,360 52,891 58,2; 9
17,119 68,865 85,661
7,699 91,222 75,322
10,168 264,280 152,248
5,558 20,167 26,729
1,451 36,000 45,000
5,175
•
15,103
3,639
3,384
Other ports}:
Same
12,219
6,452
Charleston
Total
Total since Sept. 1 1,34^,347 303,918 237,012 1,889,307 1,751,956
above exports; the amount of cotton on
....
....
shipboard and engaged for shipment
at.
port Is as follows: For Liverpool, 68,250 hales; for Havre, 81,250 bales; for
Continent, 21,500 bales; for coastwise ports, 2,5j0 bal<s; which, if deducted from
the stock, would leave 163,500 bale.1, representing the quantity at the landing and ia
that
presses unsold or awaiting orders.
t Galveston—Our Galveston telegram shows (besides above
board at that port, not cleared: For Liverpool, 15,6bale*;
8,210
biles; for coastwise
exports) on ship¬
for other foreign,
porta, 7,511 bales; which, if deducted from the stock,,
would leave remaining 59,862 bales.
t The exports this week under the head of “other ports” include from
more, 629 bales and <!3I bsgs S. I. to Liverpool, a^d 456 bales to Bremen; from
1,322 biles to Liverpool; from Philadelphia, 100 bales to Liverpool; from
mington, 1,602 bales to Liverpool and 1,15) bales to the Continent.
From the foregoing statement it will be seen that,
Balti¬
Boston,
Wil¬
compared
week of Iasi season, there is an incrMtgd
of 26,821 bales, while the stocks to-night
are 29,388 bales less than they were
at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Jan. 26, the latest mail dates:
with the corresponding
in the exports this week
EXPORTED SINCE 8EPT.
RECEIPTS
SINCE SEPT.
PORTS.
1876.
N. Orleans.
Mobile
Charlesl’n *
Savannah..
Galveston*.
New York..
N. Carolina
..
75,697
Tot. thisyr.
3,005,815
Tot. last yr.
*
Under the head of
Galveston is Included
France
Other
forei’n
1 TO—
Coastwise
Total.
Stock.
Ports.
1875.
Britain
693.805
353,191 198,9)4 73,303 625,394 70,38» 272,303
81,634 12,965 25,044 119.643 102.968 71,043
165,4 8 39,935 53,169 258,612 83,240 53,707
155,520 11,682 21,674 199,876 100,068 80,645
131,956 15,814 15,211 152,981 164,142 105,900
219,059
5,073 13,060 218,191
200,058
273,426
341,540
435,089
363,225
112,356
75,9 ?2
370,745
58,941
101,456
426,329
ports
Other
Great
....
9,696
16,647
Florida
Norfolk*
772,649
289,299
408,729
408,396
424,939
81,683
1.
....
18,109
83,482
66,117
•
•
.
1,011
1,602
•
•
..
8,126
1,221
7,559
16.6.47
....
66,844
27,2-46
86,305 813,955
73,676
—
...
•
•
•
V
7,466
26,500
24,090
1255,525 *287,032. 220,367 1762,924 918,250 890,623
2,934,805
1073,494'236,737 342,163! 1652.394
689,318
908,500
Charleston is included Port Royal, &c.; under the head
Indlanoia, &c.; under the head of Norfolk is included
of
Point, &c.
correspond precisely with the total of
telegraphic figures, because in preparing them it is alway*
necessary to incorporate every correction made at the ports.
The market this week has ruled quite dull for ootton on tho
spot, and prices, compared with last Friday, are decided y lower.
Quotations were reduced 3-16c on Monday, and again 3-16c on
Thursday, to 12 15-16c for middling Uplands. A deoline in gold,
and a greater decline in currency rates of exchange, were adverse
to the operations of shippers, and the spinning demand was very
trifling, while the downward course of the market repressed
speculation, To-day, there waa a farther define of LI60, and %
These mail returns do not
the
quiet market. For future delivery, the market lias been excited,
subject to frequent fluctuations. Thus, on Tuesday, prices
were at one time -&c below the closing bids, and on Wednesday,
precisely the reverse was the case. Thus a variation to the
extent of ^c is recorded only in the report of sales made.
The
recovery towards the close of Tuesday’s business was caused by
a steadier closing at Liverpool and smaller receipts at the interior
towns.
But under the large receipts at Memphis and Augusta,
on Wednesday, the early advance
was soon lost, and shortly
before noon on Thursday, under a continuation of adverse influ¬
ences, there was a semi-panic, under which prices for the spring
months gave way rapidly.
To day, the market opened lower,
but was firmer towards the close, owing to reports showing that
the increased receipts at the ports were due largely to the liberal
shipments irom interior towns, where stocks were considerably
and
!
reduced.
The total sales for forward
bales, including
302.1I5,UP
free
on
delivery for the week are 213,200
board. For immediate delivery the
total sales foot up
this week 5,963 bales, including 930 for ex¬
port, 4,630 for consumption, 406 for speculation, and
in
transit.
Of the above,
bales were to arrive. The following
tables show the official quotations and sales for each day of the
past week:
’
ALABAMA.
UPLANDS.
New Classification.
Sat.
.
11 7-16
11 13-16
12 3 16
12 7-10
(7*
..IP 3>.
i2
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
12*
12*
12 13-16
Low Middling
Strict Low Middl’g 13 1-16
13 5- 6
Middling
13 9 16
Good Middling
Strict Good MiddlV 13 13-16
14 3-:6
Middling Fair
14 15-16
Fair
il 7-16
11 13-16
12 3-16
12 7-16
11*
12
12*
12*
TEXAS.
.
mon
14
14*
14
14*
Tues1 Wed
Tues Wed
12*
12*
12*
12 5-'. 6
13 3-'. 6
13 7-16
13 U-16
13 15- 6
14 £-16
15 1-16
12*
13
13*
13*
13*
U*
14*
Tues Wed. Tues Wed.
Jan.Si Jan. 30 Jan.3i.
i2*
12*
12*
13
13
13
13*
lb*
13*
13*
13 <
13*
14
13*
14*
13*
13*
13*
14*
14*
74*
14*
13*
14*
14*
13*
13*
13*
14*
14*
14*
Til.
FrI.
Til.
Til.
FrI.
Middling Fair
14
14
14
Fair
•4*
14*
Til.
FrI.
FrI.
Feb. 1. Feb. 2. Feb. 1. Feb. 2. Feb. 1
11
u
11
12
11*
11*
12
12*
>2 7-.6
Low Middling
Strict Low Middl’g 12 11-16
12 5-16
Middling
13 3-16
Good Middling
Strict Gocd Middl’g 13 7-16
3 13-16
Middling Fair
Fair
14 9 -16
3-16
9~:6
15-16
3-16
11
11
11
12
U*
U*
12
12*
12 7-16
2 :1-16
12 15-16
3 3- 6
13 7- 6
13 13-16
.4 15-161
12*
12*
12*
13*
13*
13*
14*
9- 6 11 9- 6
5 iti ll 15-16
5-6 12 5-'.6
9-16 12 9-16
12*
Good Midd Ing
Strict Good Mfddl’g
3-16
9-16
15-16
3-16
U
ll
12
12
12*
12*
i2 9-16
12 13-6
13 1-16
13 5- 6
13 9-16
13 15-16
14 11-16
12*
12*
12*
13*
13*
13*
14*
.
Feb.'2. Feb. 1. Feb. 2
11*
11*
11-16
9-;6
1-16
5-16
12*
12*
13
13'*
13*
13*
14*
.
U*
11*
12*
12*
11
ll
12
12
11 9-’6
i2 !3- 6
13 1-16
3 5-: 6
13 9-16
3 15-6
14 11- 6
13-16
11-16
1-16
f>—16
11*
12*
13
Exp’t.
89G
293
720
509
500
•
•
tl’or
« •
....
430
Spec-
ula’n
92
44
Friday
930
TRANSIT.
Tran¬
sit.
t
„
T
^
270
1,322
835
Total
AND
■
Saturday
Monday
Tuesday
Wednesday
Thursday
OF
....
406
4,630
FrI.
Feb. 2.
-
.
-
T
..
....
^
Total.
896
890
764
779
1
FUrnKRS.
Sales.
Deliv¬
eries
24,400
700
700
835
41,900
23,300
32,400
44,500
46. .00
For February.
500 s.n. 5tb.l2 11-16
100
12*
300
400
ICO
100
2,r00
5,966
213,200
6,9.0
1,752
.13 21-32
100.
13*
S00
...13 5-32
...13 8-16
...13 7-S2
13*
...13 9-32
...13 5-16
2.400
7,700
2,700
9,700
——
67,800 total April.
For May.
2,200.
13 9-32
13 5-16
1,800.
13 11-32
2.900.
1,300.
IS*
13 13-32
3,700.
13 7-16
1.400
12*
1,900
13*
1,200.
5)0
700
..13 17-32
...13 9-16
1 100.
500.
58,700 total March.
3,500
1,500.
2,600.
12 13-15
13 1-16
13*
13 3-16
13 T-32
total Feb.
For Mltfcb.
200
12*
1.700
12 29 32
4.900
1‘2 15 16
12 31-32
4. #00............. 13
3,000
CTS.
5,000.
12 27-32
12 25-32
200 s.n. let.. .13 3-3.'
1.800
13 3-32
100 s.n. 8d.......13*
100 s.n. 1st......IS*
1,600
bales.
3.700
600
300
6.160
2.500
12 22-32
12 15-16
100 s.n. 1st
15
lOOa.n. let.. 13 1-22
I00s.n.l8t..is 1- 6
1,200
cts.
1,300
1.S00
2.100
600
1.S30 total Jan.
1.100
bales.
.13
JcSjf
13*
..13 '3-32
...13 7-16
For April.
5,490
3,200
13*
300.
400.
13<K
13*
1. 00
1,900
13*
900.
500.
100.
.13 5-16
..13 11-32
13 19-32
3,700.
1,100.
1,500.
...
...
1 090.
...13 5-32
...13 316
600.
13*
13 17-32
13 9-16
IS 21-32
13 11-16
13 23-32
7,300
2,400
6,000
b*oo
1.4 0
7,( 00
4.100
6,200
5,000
4,300
J.3J0
13 25 32
13 13-16
13 27-32
13*
.
..13 13-34
....13 7-16
..13 15-32
13*
..13 17-32
..
13 19-32
For
September.
100
8*0
13 13-32
..
1,600
The folio wing
For June.
SO
13 i:-»
2,000.
300.
13 19-S2
200.
WO.
200.
13 11-16
800
900
1,000....
..
54$. ...,..,13 *3-32
.....18*
...
2,390 total Dec.
200..,.
exchanges have been made during the week :
1-323. pd. to exch. 2iU) Feb. s.n. 1st. for 200
7- 2c. pd. to exch. 200 Feb. ftr March.
7-32c. pd. to exch. 500 March lor April
Feb-,
notice to d.ty (29th).
no
#
The following will show spot quotations, and the closing
bid for future delivery, at the several dates named :
*
March
Frt.
13 5-16
lo 5-16
13 5-16
13 17-32
April
13*
13*
June
13 22-32
14 1-16
14 3-16
13
13
14
14
On spot
January
February
May
July
August
Sat.
13 5-16
13 5-32
13 3-16
13 13-32
14*
13*
September
October
November
Decemb2r.
13 19-32
is*
...
13 5-16
106*
..
4 82 *
•
Tues.
13*
lc*
13*
13 i-16
13 1-16
13 1-16
13 3-32
13 9-32
i3 i-16
13
13
13
13
13
13
.5-32
21-32
13-16
24-32
31-32
19-32
13 7-16
13 7-32
13 .3-16
13 1-16
13 1-32
106*
4.6**
10.7*
4.82*
Wed.
13*
27-32
15-16
21-32
15-<*2
11-16
27-32
15-16
13
13
13
13
14
13
13
13
13
21-32
5-16
1-16
•
12*
12 13-16
13
13 7 32
13 7-16
13 19-3-2
13 23-32
13*.
11-’. 6
9-32
1-16
1-16
Fri.
12*
.
13*
13
13
13.
14
13
13
13
13
prices
Thurs.
12 15-16
Mon.
13*
25-32
15-16
1-3i
2-32
13*
12 15-16
13 5-32
13*
o
13 17-32
13 21-32
U 22-32
UK
13 13-32
13 1-16
,
13*.
13
13-16
12 13-16
105*
12 27-32
12 27-32
105
U
1-16
103*
4.b2*
4.3^*
4.62*
4.tS
105*
,
Cotton, as made up by cable and
follows. The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to night (Feb. 2), we add the item of exports
from the United States, including in it the exports of Friday
only:
The V
Supply
isible
telegraph, is
of
as
Stock at Liverpool
Stock at London
Total Great Britain stock
Stock at Havre
8tock at Marseilles
Stock at Barcelona
Stock at Hamburg
..
.
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
;
Stock at other continental ports..
1874.
1876.
1875.
781,000
743.000
773.C03
35,250
72.25G
126,250
189,000
816,250
165,500
815,250
217,CO0
S99.250
118,250
10.250
50,000
12,501
40,500
49.250
14,590
825,000
107,000
9,010
27,250
17,000
25,750.
<54,509
21,500
10,750
3,000
4,590
56,000
50,000
15,500
42,000
15.000
40,:5J
55,500
9.0C0
45,0(0
636,000
5,500
15,250
11,750
8,750
10,500
14,000
21,000
358,500
422,009
314,000
303,750
Total European stocks
1,174,750
India cotton afloat for Europe....
84.000
American cotton afloat for Europe 549,000
1 237,250
1,213,250
1,128,750
119,000
192,000
130,000
563,000
77,000
637,000
84,(00
824.277
156,435-
Total continental porta
4,750
Stock in United States ports
Stock in U. S. interior ports
8G2,!81
99,515
921,569
134.027
United States exports to-day
33,000
7,500
495,000
43,000
830,753
142,325
26,000
baies.2,907,146
3,054,315
2,912,328
2,982,462.
529,000
399,000
405,000
218,000
549,000
892,1*1
99,515
568,0 0
921.569
134,027
455.000
8J0.753
142,325
637.000
824,277
156.435
Egypt, Brazil, &c.,afloat for E’rope
..
75,000
£01,000
*
American afloat to Europe
United States stock
United States interior stocks
United States exports to-day
22,000
113,000
12:3,000
2 ’4 000
33,000
7,500
2 ;,000
$2,000
Total American
bales.2,363,696
East Indian, Brazil, dkc.—
2,245,1)96
1,992,078
1,910,712.
252,000
418.000
189,000
353.000
368.090
London stock
Continental stocks
India afloat for Europe
35.250
97,500
84.000
72,250
196.0.0
119,000
126,250
191.OjO
192,000
190.750
130,000
Egypt, Brazil, &c.,afloat
73,000
77,000
43.000
84,OjO
1,011,750
Liverpool stock
&c
5*3,759
819,250
920,250
2,363,696
2,245,096
1,192,078
1,970,712
3,061,316
2,912,328
2,982,462
bales. 2,907,446
Liverp’l. 6%d.
indicate a decrease in
13*
figures
with 1873.
At the Interior Ports the movement—that is
shipments for the week and stock to-night, and for the
corresponding week of 1875—is set out in detail in the following
statement:
-
For July.
500
13
700....
300.... ....13
100
....13
600
....13
200....
100....
...
...
...
13*
21-32
13-6
27-32
*9-32
1,900....
,
ending Feb. 2, 1877. Week ending Feb. 4, 18r6.t
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
Week
14
12,100 total June.
the receipts
and
..
1,000....
7^d.
6'/2d.
the cotton in sight to-night
of 156,900 bales as compared with the same date of 1875, a
decrease of 4,882 bales as compared with the corresponding
date of 1874, and a decrease of 75,016 bales as compared
These
900.... ....13 23-3.'
2.300.... :...13 15-16
13 31-32
1.100....
August
4,142
3 508
Columbus, Ga.
Macon, Ga.
1.068
2,030
2,164
1,034
Montgomery, Ala
..
447
625
10,750
9,743
9,2t<3
0,141
3,999
52,795
660
.
3,484
3,781
19,822
1,075
930
1,0*23
1.176
804
13.087
6,804
1,482
12,928
2,274
1,614
11,954
7,554
10,297
8,652
67,235
8,513
99,515
22,892
23.347
134,027
1,231
5,262
7,050
7,902
626
1,947
Nashville, Tenn...
12,409
2,153
1,157
22,<ie
1,202
Total, old ports
21.8 78
33,677
691
2.814
5v0
577
1.022
619
2,205
1,993
1.205
4,692
2,754
C16
465
10,166
7,918
4,292
2,848
3,’;75
1,063
3,(59
3,(20
1,084
6-7
1.188 I
1,086
929
»53
1 715
5,705
4,589
Selma; Ala
Memphis, Tenn.
11
300....
500...
800....
14 1-16
C,000 total July.
For August.
400.... ....13 11-16
13 23-32
1,201)....
1,300....
1,900....
500....
700.... ....13 27-32
200
»s*
1UU.... ....13 29-32
...
1,200.... ....13 31-3
1,010....
...
.
!
13 i-16
13 25-32
13 25-32
200
100
2*0
500
5)0....
109.
...13 25-3 i
500
....13 22 32
Total visible supply
Price Middling Uplands,
fea’es.
ct*
900.... ....13 25-32
600.... ....13 13-16
401
For December.
1,800
...
1,300
....
33,200 total May-
.13 3-16
13 9 32
..
3,900 total Nov.
For November.
13
300....
.13 1-32
100..... ....13 7-16 |
13*
Total East India,
Total American
For forward delivery the sales (including
free on board!,
have reached during the week 213 200 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices:
For J uiuary.
Mies.
cr*.
5C0
13 1$2
800
13 1-16
400
18 8-32
ICO
13 5-32
509
100
100
900
UK)
100
13*
2.700 total Oct.
300./...
12.5J0 total Aug.
Continental stocks
SALES.
Consump.
For October.
Liverpool stock
11 1-16 ll 1-16 11 1-16
10 13-16
10*
ll U-16 11 11-16 11 U-16
11 7-16
11*
12 3-16
12
11 '3- 6
12
12
11*
12 11-16
2 5-16
12*
12*
12*
12*
SALES
1,200 total Sept.
...14 9-32
eta.
bales.
200.... ...13 31-32
cts.
13 13 32
American—
113*
•Vi
Low Middling
Middling
,...14 5-32
Total visible supply..
13*
13*
14*
Sat. Mon. Tues Wed. Til.
Jan.27. Jan.29. Jan.30. Jan.31 Feb. 1
Ordinary
400.
200
3, 1877.
y
13*
STAINED.
Strict Good Ordinary
bales.
300
200
ct*.
..13 25-32
11*
1877.
13
12*
12*
3*
■3*
13*
$ lb.
Strict Or dinary
Good Ordinary
Strict Good Ord’ry.
13 i
13*
14*
14*
12*
>3*
12*
12*
13*
13*
13*
Ordinary
13*
12*
12*
12*
13*
13*
13*
Middling
>2*
13
Jan .31. Jan.30
11 7-16 11 7-16 ’.1 7-16, 11 7-16 11 9-16 11 9-16 11
11 13-16 11 13-6 11 13-16 11 13-16 11 15-16 11 ’5-:6 11
12 3-16 12 3-16 12 3- 6 12 3 16 12 5-16 i2 5-16 12
12 7-16 12 7-16 :2 7-16 12 7-16 12 9-18 12 9-16 12
Good Ordinary
Strict Good Ord’ry.
Low Middling....
Strict Low Middl’g
11 9-16
11 15-16
12 5-16
12 9-.6
1’.*
bales.
300
Ct«-
,...14 3-32
(exchange..
Mon.
Sat.
11 9-16
1! 15-16
12 5-16
12 9-16
12*
12*
12*
12 •0—76
,3 3-16
13 7-16
3 11-16
13 5-16
14 5-16
15 1- 6
-2*
12*
13*
13*
13*
12 13-6
:3 1-16
13 5 16
!3 9-16
13 13-16
14 3 16
14 ,5- 6
12*
12*
13*
13*
13*
Jan .30. Jan .3.. Jan .30
lb.
Ordinary
Strict Ordinary
Good
Sat.
VI OH
Sat.
Mon.
N. ORLEANS-
bales.
900.
900.
GOIQ
Jan.27. Jan .29. .Jan. 27. Jan.29. Jan 27. Jan.29. Jan. 27. Jan. 29.
Ordinary
[Februa
THE CHRONICLE.
114
14 1-32
1,500.... .....14 1-.6
Dallas, Texas
Jefferson, Tex....
Shreveport, La...
....
Vicksburg, Miss....
7,423
5,414
Columbus, Miss....
Eufaula, Ala.(fs^)..
Griffin, Ga
£08
611
a?5
Atlanta, Ga
Rome, Ga
1,293
Charlotte, N.C....
St. Louis, Mo..
1,543
9,457
Cincinnati, O
983
..
Total,
new ports
Total, all.
8,553
f\£80
1,816
I
6 747
10,3:7
4,396
!
33,232
13,6.9
37,839
39,482
|
82,725
59,717
72,559
182,240
4,745
7,667
577
518
165
804
3.033
623
4,218
1,330
3,969
2,650
£97
838
755
1.580
6,410
8‘1
3,738
27,819
11,284
30,433
24,481
76,635
53.325
47,8*28 210 66*2
fnim-/r
-iat
u&a :
Februa y
totals show that the old
The above
interior stocks have
week 11,199 bales, and are to-night 34,512
period last year. The receipts at the
have been 1,014 bales less than the same week last
decreased daring the
bales less than at the same
towns
same
115
THE CHRONICLE
3, U77 J
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Feb. 1.
We give last year's figures (Feb. 3, 1876,) for compar¬
ison.
#—Feb. 1. ’77->
Inch.
Feet.
year.
Consumption
Cotton
interested in
our
an
article-
on
editorial columns to day.
Shreveport. ...Abovelow-water mark.
Vicksburg....Above low-water mark.
.
Telegraph.—The weather has been
2
7
2
5
32
20
25
39
4
3
8
29
8
11
34
New Orleans. .Below high-water mark
Supply.—Our readers will be Memphis
Above low-water mark.
Above low-water mark.
this subject, which will be found in Nashville
and
r-Feb. 3, *76.Incl
Feet, ■
4
8
4
K
4/
8
reported below high-water mark of 1871 until
favorable for farm work the past week, very Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
little rain having fallen, and the temperature being much
1871, or 16 feet above low-water mark at that point.
warmer.
Preparations for the next crop are now progressing
Imports, Stock and Consumption op Cotton in Europe.—
satisfactorily, especially in the more Southern sections.
Galveston, Texas.—There has been no rainfall this week. The We take the following figures from the annual circular of
thermometer has averaged 58, the highest being 64, and the Messrs. Stolterfoht, Sons & Co., Liverpool, showing the import,
lowest 49.
Plowing and crop preparations have started every, stock and consumption of cotton in Europe for the years ending
See
where. The rainfall for the month is five and thirty-eight hun¬ December 31, 1875 and 1876, expressed in 1,000s of bales.
Weather Reports by
decidedly
New Orleans
more
Chronicle, Feb. 12, 1878, page 10?, for previous report.
dredths inches.
rainfall this week,
but it has been damp and foggy. Average thermometer 61,
highest 72, and lowest 50. Notwithstanding caterpillars, there
will be increased cotton planting this year. Plowing is progressing. The rainfall for the month is one inch and twentyIndianola, Texas.—There has not been any
Gorsicana, Texas.—It has rained on one day
rainfall reaching sixty-six hundredths of an inch.
this week, the
Average ther¬
Farmers are preparing
The rainfall for the month of January is two
57, highest 72, and lowest 43.
for the next crop.
Import to Dec. 31—
Great Britain
France
Holland
....
Average thermometer 63,
highest 73, and lowest 34. The rainfall is one inch and eightyfive hundredths. The rainfall for the month is thirty-three hun¬
there
are
.
.
Belgium
.
hopes of an early start.
.
Trieste
Genoa
an
inch.
Louisiana.—No rain all the week. Average ther.
Total rainfall for the month, eight and two hun¬
Spain
Shreveport, Louisiana.—The early part of the week was clear,
but the latter part has beeu cloudy and threatening, and it is now
rainy. The thermometer has averaged 54, the highest being 72
and the lowest 37. .The rainfall is five hundredths of an inch.
Vicksburg, Mississippi.—It has rained slightly on two days this
week, the rainfall reaching one hundredth of an inch. The ther¬
mometer has averaged 53,the highest being 73 and the lowest 35.
Columbus, Mississippi.—The weather has been pleasant and dry
all the week, and planters are at work bedding the soil lor the
next crop.
ing from 82 to 31.
Nashville, Tennessee.—It has rained on one day this week, the
rainfall reaching one hundredth of an inch.
The thermometer
lias averaged 48, the extremes being 26 and 66.
Memphis, Tennessee.—We have not had any rain this week
until to-day.
The thermometer has averaged 52, the highest
being 75 and the lowest 33.
Mobile, Alabama.—No rain here all the week.
Average ther¬
mometer 53, highest 71 and lowest 38.
The rainfall for the
aggregated six and thirty hundredths inches.
Montgomery, Alabama.—The weather during the week has
been fine. There has been no rain, but it has been warm and
dry every day. The thermometer has averaged 53, the highest
being 68 and ihe lowest 37. The rainfall for the month is six
and sixty-seven hundredths inches.
Selma, Alabama.—We have had no rain here this week, but it
is now cloudy. Last week we had rain on three days, the earlier
part of the week, but the latter part was clear and pleasant.
month has
The roads in all directions were very
bad, retarding receipts.
Madison, Florida.—Telegram not received.
Macon, Georgia.—There has been no rainfall
this week. The
thermometer has ranged from 36 to 76, averaging 61.
Atlanta, Georgia.—The weather has been warm and dry all the
week.
Average thermometer 50, highest 62 and lowest 22. The
rainfall during the month has reached four and fifty hundredths
Columbus, Georgia.—The thermometer has averaged 54 during
4he week.
The rainfall for the month of January is six and
.sixty-five hundredths inches.
weather during the week has been
There has been no rain. Average thermometer
highest 70 and lowest 39.
Augusta, Georgia.—The weather has been warm and dry
pleasant.
the week.
Thermometer—highest, 68;
The rainfall for the month was four
54,
all
lowest, 33; average, 50.
inches and seventy-live
hundredths.
Charleston, South Carolina.—There has been no rainfall here
The thermometer has ranged from 41 to 68, averag¬
this week.
,
.
#
.
3
23
,
*
251
113
99
147
3
2
19
23
57
143
125
,
S3
17
l
23. 36
...
430
7
8.5
182
225
399
144
73
199
775 832
191 103
98
1
117
2
124
5
118 38
16 22
9 70
70
8
487
97
61
204
11
2
7
19
33
84
1
£5
1
12
i
3,584
805
196
183
359
156
73
210
3,041 333 111 1,448 578 5,566
5,735
2 14
57
571
323
406
7
97 1,125 571 5.161
45
357 96 1,052
.2,612 492 145 1,447 468 5,U4
475 87 1,104
386 99 57
2,982 386
,.2,998 591 202 1,922 555 6,268
357 95 1,052
1. 465 89 45
3,447 475 142 4,482 667 6,*13
.2,533 5*32 157 1,565 459 5,216
2,973 384 114 1,296 541 5,308
Deliveries —
In Great Britain
.1,702 409
.
Holland
.
.
22
357
78
60
193
,
83
8
9
13
3
29
2
Spain.
.
64
23
34
45
19
1
474
592 303
3,145
1
28
1
32
232 105
111
123
2
127
5
119 39
17 22
10 62
852
194
189
359
158
72
230
9
1
3
119
31
88
2
135
51
390
905
6
149
75
195
2S5
217
186 126
28
51
3,115
715
91
L977 312
492 17
83
3
60
191 14
662 269
235 93
147
142
3
2
143
129 20
23 22
17 57
..
.
89
465
'C
,
,
9
..
m
1
22
"
67
.2,533 502 157 1,565 459 5,216
Stock, Dec. 31—
.
.
.
20
5
20
226
81
29
6
11
1
2
1
465
89
45
357
286
108
21
64
8
6
1
11
Belsium..
Germany.
20
.
Tries;e...
Genoa....
.
.
The
11
8
6
4
Spain....
55
2,973 384 114 1,296
15
10
85
673
£74
73
3
208
103
35
7
3i
2
2
1
4
3
7
50
16
12
••
96
1,052
474
91
28
50
13
48
..
..
weekly deliveries the past two years
,
,
,
,
4
i>
,
588
161
51
7
121 106
40
6
16
1
..
,
8
3
541 5,308
..
48
..
..11
1
l
8
12
40
M
..
905
1S6 126
have been as follows:
1875.
1876.
1875.
1876.
59,904
13,750
60,481
Genoa
bales.
1,442
16,385
3,759
4 327
3,731
Spain
t Surplus of export—
1,385
4, £31
4,173
3.635
7,500
2,865
6,903
3,038
Great Britain
Total deliveries.... 100,308
exports, those marked * were to France,
Trieste, Genoa and Spain, and are comprised
plices ; and those marked t were to the Baltic, &c.
Of the
2.288
2,596
—
many,
■
■■
>
102,07;
Holland, Belgium, Ger¬
in the imports to those
The following statement gives the general import, stock and
consumption of cotton, reduced to bales of the uniform weight
of 400
pounds.
IMPORT.
'
U.S.
2,841
3,<51
1870..
1871..
1812..
1873..
1874..
1875..
1876..
2,125
2 9 ;9
2,867
3,259
E.I.
1.057
Br.
W.I.
218
493
365
8)
116
112
1,462
229
97
1,092
244
197
158
93
74
59
1,331
Med.
Total.
4.214
1,043
535
517
629
711
673
702
856
1,154
1,054
519
497
4,255
1,261
629
1,244
63
685
683
811
4,613
4,934
5,100
1,313
1,164
5,490
4,691
4,897
5,123
5,171
5,357
CONSUMPTION.
1870..
187
1872..
1873..
1874..
1875..
1876..
3,131
..
2.236
.
2,699
2,782
213
64
270
389
225
237
201
119
107
102
84
80
157
53
STOCK, DECEMBER
inches.
53.
,
100 14 20
shipments
Little Rock, Arkansas.—We have had a week of spring weather,
and to-day it is warm.
The thermometer has averaged 58, rang¬
ing
10
25
9
Total bales.:..,.2,712 506 165 1,877 475
♦Deduct intermediate
dredths inches.
Savannah, Georgia.—The
62
198
,
2,075 332
89 1,055 281 3,708
Trieste
New Orleans,
mometer 50.
23
26
66
.
..
dredths of
432
69
,
inches and sixteen hundredths.
Dallas, Texas.—The earlier part of the week the weather has
been clear and pleasant, but during the latter part there has been
hard rain on two days, with indications of more.
The tempera¬
ture has moderated.
Though it is now too wet to begin work,
1876.
U.S.Bzl.W.I.E.I.Med.Tot
357 96 1,052
465 89 45
.1,859 424
Germany
nine hundredths.
mometer
Stock, Jan. 1
-1875.
U.S. Bzl.W.I. El. Med.Tot.
99 57
475 87 1,104
1870..
1871..
1872..
1873..
1874..
1875..
1376..
167
289
179
257
423
510
516
1,312
1,487
1,241
5,071
5,236
5,597
31.
22
21
255
45
£7
32
39
36
37
21
24
21
514
732
541
425
326
29
23
14
163
66
84
87
136
124
141
189
533
953
l/$9
*7
1,040
1,039
924
Bombay Shipments.—According to our cable despatch received
to-day, there have been 7,000 bales shipped from Bombay to Qreat
Britain the past week, and 1,000 bales to the Continent; while
the receipts at Bombay during this week have been 15,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co„ of Bombay, and are brought
down to
Thursday, Feb. 1:
.-Shipments this week-%
Great
Con*
Britain, tlnent.
1877
1876
1875
[February 3, It 77.
THE CHRONICLE
116
1,000
7,00J
48,000
12,000
.—Receipts.——
Total,
This
week.
Jan.1.
48,000
15,000
92,000
33,000
15,000
22,000
21,000
75,000
43,000
8,003
...
36,000
Shipmentssince Jan. 1-s
Great
Con*
Britain, tlnent.
Total.
43,000
113,000
JBince
18,000
36,000
Exports of Cotton!bales) front New York alnee8ept.lt 1876
would appear that, compared with last
of 8,000 bales this year in the week’s
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 5,000 bales,
compared witn the corresponding period of 1876.
Total
Jan.
31.
to
17.
Jan.
24.
period
prev’us
date.
year.
10,687
8,912
7,517
230,432
7,143
280,511
1,444
7,517
'207,575
231,955
36
5,109
1,760
EXPORTED TO
153,000
From the foregoing it
year, there is an increase
Jan.
Jan.
10.
7,300
Liverpool
Other British Ports
....
Total to Gt. Britain
•
....
7,300
10,687
figures are expected. The stock here and in Boston is only about
1,400 bales, with a supply afloat of 122,406 bales. The consump.
tion for same period last year was 127,692 bales, showing a
deficit in the supply of nearly 4,000 bales.
....
...
•
....
•
•
•
8,912
are
..
•
• •
•
136
•
100
....
....
386
195
700
....
•
•
•
•
•
•
•
•
....
•
• «
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
• •
•
•
•
•
•
•
•
•
•
•
•
....
•
•
7,553
•
•
1,760
9,048
2,226
1,586
17,459
7,927
12,418
12,860
39,804
•
•
•
9,207
11,387
•
•
5,109
36
195
•
•
....
....
...
700
2*0
•
7,686
following
*
•.
100
Grand Total
The
•
•
Havre
Bags, Bagging, &c.—Bagging became more active Other French ports
following our last report, and there have been considerable lots Total French.
taken, chiefly on speculation, and prices have stiffened. The
Bremen and Hanover
sales foot up about 9,000 bales for the past month, and at the close
Hamburg
holders are firm as to price, and quote 12 Jc. Butts have continued Other ports
firm in tone, and a good demand is to be noted, chiefly for parcels Total to N. Europe.
to arrive, which are held at 3£c., with sales of 1,000 bales here
Spain. Oporto* Gibraltar Ac
at this figure, and 5,000 bales in Boston at 3|c. gold.
The market All others
still tends upward, in sympathy with prices abroad, and higher Total Spain, Ac
Gunny
Same
WEEK ENDING
78,000
•
•
•
*200
409
200
409
225,744
273,928
the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1, ’76:
I
Liverpool, Feb. 2—3:30 P. M.—By Cable from Liverfool.—Estimated sales of the day were 8,000 bales, of which
1,000 bales were for export and speculation.
Of to-day’s sales,
5,600 bales were American. The weekly movement is given
•a
follows:
Jan. 12.
Jan. 19.
130,000
58,000
16,000
13.000
56,000
6,000
38,000
4,000
6,000
649,000
395,000
105,000
75,000
5,000
434,000
386,000
Bales of the week
bales.
Forwarded
Sales American
of which exporters took
of which speculators
Total stock
of which American
took
42,000
608,000
365,000
138,000
100,000
Total import of the week
of which American
Actual export
Amount afloat
of which American
4,000
365,000
30S,000
Jan. 26.
73,000
18.000
Feb. 2.
45,000
6,000
12,000
724,000
477,000
152,000
131,000
4,000
391,000
3J6.000
46,000
20,000
30,000
4,000
7,000
781,000
529,000
115,000
95,000
3,000
374,000
316,000
Hie following table will show the daily closing prices of cotton for the week:
SitCt.
8atnr.
Mon.
Toes.
Wednes.
Thurs.
Fri.
Mid. Upl’ds ..@5 15-16 ..@6%
..©6 13-16..@6 1*-16..@6 13-16 ..@6V
Mid. Orl’ns
..@7 1-16 ..@7
..@7
..@7
..@6 15-16
.
Futures.
These sales
are on
the basis of
wise stated.
Uplands, Low Middling clause, unless otherSaturday.
Feb.-Mar. delivery, 6 29-32d.
Feb.-Mar. shipm’t,?aif; 7%d.
Mar.-Apr. deliver}', 7 l-32d.
Apr.-May delivery, 7%@5-32@}*d.
June-July delivery, 7 9-32d.
May-June delivery, 7 7-32d.
June-July delivery, 7 9-32d.
Mar.-Apr. shipment, sail, 7>£d.
Mar.-Apr. delivery, 7d.
June-July delivery, Jj^d*
Dec.-Jan. shipment, sail, 6 15-16d.
June-July delivery, 7J^d.
Jan.-Feb. ehipm’t, sail, 7d.
bbob’tsprom
This
Since
New Orleans..
Texas
2,644
Savannah
1,792
1,361
»
m
m
This
Since
This
Since
Since
Sept 1. week. Septl. week. Septl. week. Septl
week.
Mobile
Florida...*....
8’th Carolina
trth Carolina.
This
BALTIMORE.
61,967
49,647
109,533
m
572
1,682
3,542
6,210
•
•
3,262
5,167
8,905
•
12.353
80,073
62,504
194,159
11,095
•
•
•
•
•
•
•
•
•
•
289
7,756
.
•
548
•
....
.
.
.
....
2,823 51,277
2,030 51,033
678 46,456
.
.
524
.
....
....
....
....
....
....
•
....
•
•
...
....
....
....
....
•
t,?80
17,794
•
.
.
I,i80
•
•
•
t
....
12,095
.*
•#•
....
,
1,096 12,729
146 10,355
1,347 43,659
Virginia
North’rn Ports
Tennessee, &c
Foreign
10,141
197
91,824
3,117
Total this year
28,141
676,272
9,436 175,537
2,262 36,048
3,113 82,678
Total last year.
20,303
581,378
10,188 158,911
1,656 31,931
2,420
.
.
•
....
....
....
.
....
793
27,112
....
....
.
.
49
,
....
3,600
....
....
81,706
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
100,527 bales.
So far as the Southern ports are concerned, these
are
the same
exports reported by telegraph, and published in
The Chronicle last Friday.
With regard to New York, we
include the manifests of ail vessels cleared up to Wednesday
night of this week.
-
New York—To Liverpool, per
Total bales.
steam°rs ISpain, 2/81.. .Abyssinia,
3b
Sully, 3,119
. .Oberon,
»
„3.178....per ships Parthia, 5,300
Glad Tidings 4,300
Gov.
Lan^don, 3.670....per barks Truce, 2,5ll. . Lino, 1,442
23,520
To Cork, per brig Adler, 736
736
To Havre, per ship Lovise, 3,450
per bark Angelique, 2,833
6,303
To Havre, p >r steamer
France, 36
New Orleans—To Liverpool, per steamers
Monday.
Jan.-Feb. delivery, 6 13-16d.
Feb.-Mar. delivery, 6 27-32@13-16d.
Mar.-Apr. delivery, 6 31-32@lo-16d.
Apr.-May delivery, 7 1-320 7a.
Dec.-Jan. shipment, sail. 6 13-16d.
Feb.-Mar. shipment, sail, 7 l-!6d.
Jan.-Feb. shipm’t, sail, b 29-32d.
Apr.-May delivery, 7 l-32d.
•TQue-July delivery, 7 3-16@5 32d.
Dec. shipment, sail, 6 13-16a.
Feb.-Mar. shipment, sail, 7 l-32d.
Feb.-Mar. shipment, sail 7d.
Apr.-May delivery, ?d.
Feb.-Mar. delivery, 6 25-32d.
Apr.-May de’ivery, 7 l-32d.
Mur.-Apr. shipm't, sail, 7 5-32@>£d.
Tuesday.
Landing, G^d.
Jan -Feb.
Feb.-Mar. delivery, 6^@25-32d.
Mar.-Apr. delivery, 6%d.
Apr.-May delivery, 6 15-lfi@7d.
May-June delivery, 7 l-32@l-16d.
June-July delivery, 7 3-32@>*d.
July-Aug. delivery, 7 3-lbd.
Feb. delivery, 6 25-82d.
Dec. shipment, sail, 6 25-32@13-!6d.
shipment, sail, 6*£d.
Feb.-Mar. shipment,sail, 6 31-32d.
Mar.-Apr. delivery, 6 29-32d.
Apr.-May delivery, 6 31-32d.
July-Aug. delivery, 7 5-32d.
June-July delivery, 7 3-32d.
Apr.-May delivery, 7 l-32@l-16d.
July-Aug. delivery, 7 3 lbd.
Mar.-Apr. delivery, 6^d.
Wednesday.
Landing, 6 13-16d.
Feb.-Mar. delivery, 6 25-32@13-16d.
Mar.-Apr. delivery, 6 29-32@15-16d.
Apr.-May delivery, 7@7 l-32d.
May-June delivery, 7 l-16@3-82d.
June-July delivery, 7%d.
Feb.-Mar. shipm’r, sail, 7d.
June-July delivery, 7 5-32d
Feb.-Mar. ship’mt, sail, 7 l-32d.
Jan.-Feb. shipment, sail, 6 15-l6d.
Apr.-May delivery, 6 3l-32@15-16d.
Mar.-Apr. delivery, 6 29-32d.
Apr.-May. delivery, 7d.
Thursday.
Feb.-Mar. delivery, 6*^d.
Apr.-May delivery, 6 15 lbd.
Mar.-Apr. delivery, 6 29-32@%d.
Apr.-May delivery, 7@6 31-32d.
May-June delivery. 7 l-16d.
Jan.-Feb. shipment, sail, fij^d.
Feb.-Mar. shipment, sail, 7a.
Mar.-Apr. shipment, sail, 7Xd.
June-July delivery, 7 3-32d.
Mar.-Apr. shipm’t, sail, 7 3-32d.
Mar.-Apr. delivery, 6 27-32d.
May-June delivery, 7d.
June-July delivery, 7 l-16d.
Jan.-Feb. shipment, sail, b 27-32d.
Feb.-Mar. deliveiy, 6 23-32d.
Feb.-Mar. delivery, 6 tl-16d.
Mar.-Apr. delivery, 6 13-16d.
Apr.-May delivery, 6 29-32d.
July-Aug. delivery, 7)*'d.
Friday.
Feb.-Mar. delivery, 6 21-32d.
Mar.-Apr. delivery, 6 25 32d.
Apr.-May delivery, C%329-32@J£d.
June-July delivery, 7 l-32d.
Jan.-Feb. shipment, sail, C&d.
Feb.-Mar. shipment, sail. 6%d.
PHILADBLP’lA
BOSTON.
MEW YORK.
Feb.-Mar.
delivery, C%d.
Mar.-Apr. delivery, 6%a.
Mar.-Apr. delivery, 6 25-S2d.
Apr.-May delivery, 6 27-32d.
Apr.-May shipment, sail, 7 3-32d.
Mar.-Apr. den very, 6^d.
Mar-Apr. shipment, sail, 7d.
May-June delivery, 6 29-32d.
May-June delivery, 6 15-ltid.
Mar.-Apr. shipm't, sail, 6 31-32J.
June-July delivery, 7d.
The Exports of Cotton from New York, this week, show a
To Amsterdam, per ship Garibaldi,
To Malaga, per bark Botvid, 600
1,663
1,663
600
ship Theresa, 2,842
2,84*2
To Hayre, per bark N. S., 1,826
1,826
To Bremen, per schooner Fred. A. Carle, 1,460
1,460
To Barcelona, per brig Virginee, 540
540
Charleston—To Liverpool, per barks Charlotte, 1,100 Upland
Gen.
Fairchild, 3.768 Upland... Invicta, 1876 Upland:'.. Carolina, 2,089
Upland and 31 Sea Island
per brig C. L. Henning, 720 Upland
Mobile—To Liverpool, per
—
and 20 Sea Island
To Cork, for orders, per bark Aladdin, 1,684
To Havre, per barks Svea, 1,760 Upland and
1,350 Upland
9.604
Upland
40 Sea I-land
1,681
Libra,
'
To Amsterdam, per brig Snap, 948 Upland
To Barcelona, per brigs Antonio de Dasat,
948
815 Upland.... Albatross,
1,000 Upland
To Genoa, per bark Langen, 780 Upland
;
8avannah—To Liverpool, per barks Laura Emily, 2,171 Upland and
179 Sea Island....Hypatia, 2,235 Upland
To Havre, per bark Florida, 1,454 Upland and 48 Sea If land
To Amsterdam, per ship Australia, 1,677 Upland
Brunswick (Nov. 10 to January 12)—To Liverpool, per steamer Student,
^1,717 Upland ...per barks Hernine, 9.0 Upland.... Rudolph Ebel,
1.085 Upland
Texas—To Liverpool, per ships Prince Rupert, 3,615....Kendrick Fisb,
4,162.
per barks Charlotte Geddie, 1,644 ...Vancouver, 3,203...
To Havre, par bark Fenwick 1,343
To Bremen, per brig Atlantic, 913
Norfolk—To Liverpool, per ship Winona, 4,107
Baltimore—To Bremen, per steamer Baltimore, 817...
Boston—To Liverpool, per steamer Illyrian, 577 (additional)
Philadelphia—To Liverpool, per ships Lord Clive, 1,158....Dominion,
.
.*
Total......
The
1,815
780
4,585
1,502
1,677
3,732
12,621
1,343
913.
4,167
817
557
8,569
2,137....Ohio, 276
are as
3,150
particulars of these shipments, arranged in
100,527
usual form*
our
follows:
Liver-
pool. Cork. Havre.
New York
New Orleans....
Mobile...
Charleston
Savannah
Brunswick
Texas
Norfolk
Baltimore
Boston
..
..
..
..
7.517
23,520
2,842
9,604
....
36
736
6,303
....
1,684
1,824
3,150
1,502
9
..
..
12,621
4,167
....
9
Bre- Amst'r- Barce- Maidam.
Iona. aga. Gcnoa.Totaf.
men.
....
....
1,460
.
•
.
.
.
.
.
.
913
.
.
.
.
.
.
.
•
•
•
•
•
948
1,677
•
•
•
•
9
9
•
.
600
540
....
....
1,343
....
.
1,663
....
....
....
....
760
1,815
....
.
.
.
..
.
•
•
....
,,,,
....
•
•
....
9999
....
....
9*
7,553
32,822
6,668
17,981
7,764
3,732
14,8*7
4,167
817
817
compared with last week, the total reaching 7,553
577
bales, against 9,207 bales last week. Below we give our usual Philadelphia....
3,569
3,569
table showing the exports of cotton from New York, and their
780 100,52Total
72,734 2,480 14,160 3,190- 4(2S8 2,355
600
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1876; and in the last column the total
Below we give all news received to date of disasters, &c., t.
vessels carrying cotton from United States ports :
for $e S9H&9 period of the previous year:
decrease,
as
....
••••
•
•
•
•
.
..
..
....
...
.
.
.
...
t
•
.♦
....
....
.
.
.
.
•
•
•
•
•
•
•
....
....
collision
ship, from New York, at Liverpoul Jan. 10, had been In
Caravan,
Dec. 15, no lat., &c., with a three-masted schooner, ar.d had waterways
carries away, and received other slight damage. Damage to schooner,
if any, unknown. The C. reports: On Dec, 25, encountered a hurricane,
remained so
during which the vessel was thrown on her beam ends, and
for six honrs; had some sails blown away. &c.
Dakota, ship, (1,375 tons,
of Bath, Me.', Day, from New Orleans Dec. 17 for
Liverpool with 4,225 bales cotton, was struck by lightning Jan. 7 about
The captain, his
and were picked
up anti landed at Fayal prior to the 17th.
Harvey Mills, ship, which caught fire in Port Royal harbor, entered into a
stipulation, Jan. 23, in the sum of $25,00), sigaed by the enptain, W. F.
Mills, Capt. Henry Card, Frank H. Parker and F. J. Pelzer, and was, ac¬
cording to the terms of same, released from custody and turned over to
Capt. W. F. Mills, The ship was subsequently libelled by Capt. Peter
Toglio, of the steamer Pilot Boy, and Michael McQorty, owner; by the
master and owners of the steamer Huntsville; by the master and own¬
ers of the steamtug Agnes, and by the Washington Fire Engine Com¬
pany No. 2, of the town of Beaufort, for salvage, and by Riley, Doran
and Michael for stevedore work. The monitions in all these cases were
returnable on the 20th. The Harvey Mills sailed from Port Royal Jan.
27 for New York, to be repaired.
La Louisiane, ship (Fr.*, from New Orleans, at Havre Jan. 11, had her top¬
sails. blocks, &c., carried away in a N.W. g ile Dec. 25.
Anna A. Rich, bark (Br.), from Charleston, was at Liverpool Jan. 15, having
sustained slight damage.
Disco, (Br.) Anchors, chains and other material, and 70 bales of cotton saved
from the wreck of bark Disco, from Charleston for Havre, wrecked be¬
low the former port, were landed at Charleston Jan, 23. It is.now sup¬
posed that everything movable will be saved.
John E. Chase, bark. Davis, from Savannah Jan 2 for Liverpool, arrived at
the latter port Jan. 30 in distress, having cut away mainmast and slip
ped both anchors.
Mart G. Reed, bark, Geyer, arrived at Liverpool Jan. 27 from Savannah with
400 miles N.W. of the Azores, and totally destroyed.
wife and two children and the crew took to the boats
orders
Charleston Dec.
freights the paBt week have been as follows :
Liverpool.
,
#@9-32 c. #comp.
#@9-32 c. #comp.
..
Friday
#@9-S2 c. #comp.
..
C.
C#
c.
c.
9-32comp. #comp.
9-32 comp. #comp.
%@cf-32 c. #comp.
6
Saturday...
Monday
19-61@5-16
Tuesday... — (3> %
Wednesday — @ #
Thursday.. — (fo #
...
*—Hamburg.—,
Steam. Sail.
—Havre.—
Bremen.
Steam. Sail. Steam.
Sail.
,
Sail,
d.
Steam.
d.
c.
c.
#comp. %(&%
comp.#@#
#comp.
#@lcomp.#@%
# comp. #@# %@lcomp.%%%
..
..
..
comp.#@#
% corap.
%comp. ya<&%
#comp.
%@lcomp.#@%
#@lcomp.%(&%
European Cotton Markets.—In reference to
these markets
© Ml
—
..
Market auiet.
correspondent in London, writing under the date of Jan.
20, 1877, states:
Liverpool, Jan. 13.—The following are the prices of Ameri-
decline.
Fr.& G.Fr.—> r-G.&Fine—*
28
21
23
18
19#
21
18
19
16
17
G.M. Mid.F.
Mid.
G.O.
L.M.
6 13-16 7
6 :■>
7V.
6#
6 13-15 ?
7#
6%
6#
6 9-16 6 11- 16 6%
7#
7#
7 1-16 7%
6 11-16 6%
7X
Bealsland.16
Florida do 14
Ord.
6#
Mobile.
Texas
...6#
6#
N. Orleans.6#
speculation and for export have been
Taken
1877.'
bales.
on
spec, to
1876.
bales.
6#
6%
6#
6#
7#
7#
7#
7%
6 15-16
7# '•
Vi
6#
Liv., Hull & other exp’tfrom
U.K.iu
outports to date—,
1875.
bales.
1877.
bales.
1876.
bales.
187S.
bales.
32,300
3,300
4,959
109,560
240
10,9U0
9,830
15,120
378,180
Egyptian, &c. 14,850
430
220
2,t:o
75
50
720
461
407
188
417
15,970
3, 00
15,190
11,406
9,157
11,860
W. India, &c
E. India, &c.
.
50,570
9,060
71,550
Total
The
.
Actual
r-Actual exp. from
this date-%
5,310
28,870
Same date 1876.—.
Mid.
Fair. Good.
19
22
18
19
17#
l6‘/a
G.M. M.F.
Mid.
tbe year the transactions on
iSince the commencement of
American
Brazilian
,
15,128
15,295
523,590
and imports of
and also the stocks on hand on
following statement shows the sales
cotton for the week and
Thursday evening last
year,
:
holders
some
-Sales this week.Ex- Speculation. Total.
Trade. port
American..bales 43,2**0
5,070
1,271
2,750
47,311
Brazilian
75
59
Egyptian
6,410
Smyrna & Greek f j7n
50
5,195
7,750
....
5,600
60,810
2,123 110,850
4,737
6,210, 71,787
-Imports.-
week.
bales. 74,827
6,152
Brazilian
Egpytian
Smyrna and Greek
...
681
3,130
This
American
1,293
211
j
East Indian
Total
were
17,904
To this
date
1877.
106,963
Total
363,550
1876.
41,810
20
4,380
50,970
33,020
279,460
To this
date
1876.
187':
89.510 45,350
13,240 10,750
11,050 11,080
30
3,890
[1,210
1876.
41,440
5,100
even more
believing that tbe crop is “ shorter ” than most
people suspect; and point to the fact that receipts at the West¬
ern markets thus far in January are considerably less than half
as large as in last
January to sustain their position. Statistics
also show, that notwithstanding the dulness of exports, and the
slow movement generally, there is some redaction in the visible
supply. English accounts Lave continued very dull. To-day,
there was a better demand for speculation and export, with sales
of several boat loads No. 2 spring at $1 41@$1 43, in store.
remained firm,
active, and prices have varied
Speculation has been rather less confident, but supplies
have been lessliberal at all points, and low rates of ocean freights
have encouraged the export movement.
To day, the market wag
more liberally supplied and prices were lower.
Rye has sold in a small way at full prices. Barley has been
dull, and the late improvement in prices barely maintained.
Indian
Las been moderately
corn
but little.
Canada peas are nominal.
Oats have been declining
under a dull trade, but became rather
steady towards the close, with No. 3 graded quoted at 4lc
more
white.
for mixed and 43c for
the closing quotations:
8tate & West¬
State, &c
5
Soring
5
Wheat
6
extras
6
6
7 75@10 00
Souihrrn, ne.v
6 Qua 7 00 | Rye
do XX and XXX
Jo winter X and XX..
do Minnesota patents.
City shipping extras.. ..
|
brands
Southern
7 501 9 25
mily orands
50.1
701
2 951
3 501
7 40
5 15
6
4
Southern shipp’g extras.
...
Cornmeal—Western, &c.
Corn meal—Br'wine. &c.
451 1 53
551 1 65
501 1 65
531
00
ft
591
84
63
3 10
3 60
92
52
54
39 a
421
.
;
951 1 10
Barley—Canada West...
State, 2-rowed
State, 4-rowed
Barley Malt—State
63
75
701
751 85
751 1 CO
1 001 1 20
...
Canadian
901 1 15
Peas—Canada.bond&free
breadstuffs at this market has been as fol¬
The movement in
lows
461 1 48
White
9 03
7 503
bakers’and fa-
Rye flour,superfine..
321 1 37
401 1 45
Oats—Mixed.../
trade and fani.ly
City
J
Wheat—No.3 spring,bush $1
No. 2 spring
1
No. 1 spring
l
253, 5 70 I
Red Western
1
9J@ G 20
Amber do..
1
White
1
033 6 25 I
40& 8 25 i Corn-Western mirci....
Yellow Western,
257t 9 25 |
$ bbl. $4 250> 5 00
ern
E itra
Grain.
f
Flour.
Nj. 2
S iperiine
:
-RECEIPTS AT NEW YORK.
1877.—
For the
week.
55,589
Flour, bbls.
C. meal, “
3,508
.
72.370
Wheat, bus.
“ .
Corn,
Rye,
“ .
Birley. u .
Oats ...u
250,975
5,693
123,852
179,445
.
Same
*
Since
time
Jan. 1.
1876.
352.306
192,253
13,373
12,869
249,446 l,10i,62S
791,797 1,213,481
13.084
49,972
475,216
271,340
441,245
492,5*9
f
EXPORTS FROM NEW YORK.
1877.Since
For the
Jan. 1.
week.
34,906
1,917
171.860
309,965
1(3.824
9,3*1
964,997
1,023,403
18,020
26,004
37,301
69,671
6,793
873
-1876.
Since
For the
week. Jan. 1.
171.412
37,161
1.252
.10,725
426,513
3J3.377
1.236,454
1,274,721
2,3 JC
7,159
29,438
■
tables show the Grain in sight and the move¬
of Breadstuffs to the latest mail
dates:
^
l,0i0
8,380
6.960
150,730 76,770
60,470
This
day.
395,439
ment
.
Stocks.
Same
date Dec. 31,
1876.
1876.
261,910
71,050
116,570
68,900
109,340
73,090
107
70
3,715
13,320
10,253
1.3,303
52,683
1,230
10,360
151,320
80,510
260,765
619,1.0
105,180
JAN.
27, 1877, AND FROM JAN. 1, TO JAN.
Flour,
-
bb.'s.
(196 lbs.)
26,635
28,259
At—
C licago
Milwaukee
Toledo
Datroit
Cleveland
St. Louis
Peoria
Duluth
18,776
2,105
...
Corresp’ng week,’76
’75.
Total Jan. 1 to date.
....
Friday, P. M., Feb. 2,
1877.
Barley,
Rye,
bush.
bush.
bush.
hush.
bush.
(56 lbs.)
497,264
(32 lbs.)
102,895
16,950
17,9 58
(60 lbs.)
*
38,531
94,215
39,418
30,577
6,650
61,517
7,200
....
Same time 1375-6.. 2,562.196
Same time 1874-5— 2,914,739
8ametime 1973-4— 3,292,201
198,655
101,6.0
....
'
357
11,265
21,676
29,213
15,450
2K815
14,400
li5,ODO
94,590
206, -.03
157,017
477,944
62,4*8
18,200
1.200
....
1,597,393
3,053,278
3,983,833
7,480,409
4,595,306
3,224.312
1,363,345
294, ISO
(48 lbs.) (56 lbs.)
31,75y
18,586
36.113
7,230
20,545
14,303
215,543
181,819
239,987
304,031
903,045
343,781
386,670
385,678
608,046
Total Aug. 1 to date . 2,936,963
27,310
119,185
39,200
7,C03
1,040,214
1,001,432
912,858
3,433,312
4,712,766
278,198
651,506
942,371
Same time 1875
Same time 1874......
BREADSTUFFS.
Oets,
81,969
78,597
81,967
72,413
Same time 1876
:
Corn,
3,203
*2,336
27, 1877
ENDING
Wheat,
6'0
Tota1
P/evious week
*•
682,840 534,010
RIVER PORTS FOR THE WEEK
RECEIPTS AT LAKE AND
5.960
311.690
21
4,084
8,723
Average
period weekly sales.
138,720
43,550
184,431
19,784
42,413
2,597
5,461
Same
Total
this
year.
27>,873
30,167
44,674
22
Wbst Indian
East Indian
has been
The following
BALES, ETC., OF ALL DESCRIPTIONS.
West Indian
dull, depressed, and
Speculation has subsided at the West, and
much more inclined to realize.
But others
The wheat market
unsettled than flour.
Western
Ord.& Mid—»
city millers to accept
Foreign accounts were dull, and
prices.
The following are
our
Upland
reduced
at
political advices from the Continent promised a continuance of
peace. To add to these unfavorable influences,, rates of exchange
declined, and the premium on gold fell off sharply. Under all these
circumstances prices of flour declined 20 to 30 cents per bbl. for
the low grades, but the better were rather more steadily main¬
tained. The production of flour at the West has been somewhat
curtailed of late, owing to the fact that wheat is relatively higher
than flour.
To-day, the market was quiet, bat without further
foremast sprung.
rudderhead.
E. A. Batzley, schr., from Mobile for Havre, which put into
20 in distress, repaired and resumed her voyage Jan. 20.
Tbe decline in wheat enabled
their stocks.
Astrea, brig (Ger.l, from Wilmington, N. C., which arrived at Liverpool Jan.
23, had lost part of deckload.
Devoti Brothers, schr.,Barby, from Calcasieu, with lumber and cotton, while
entering Galveston harbor morning of Jan. 23. got ashore on the knoll
between the lightship and the breakwater. She w^s assisted off same
day and towed up to Galveston undamaged, except the breaking of her
Cotton
117
THE CHRONICLE
February 3, 1877.]
689,929
1,878,693
57,245
19.940
41,458
249,189
95,711
149,493
196,194
636,299
712,727
6,917,794 2,026,673
30,992,411 43,362.667 11,917,832
1,357,094
41,150,276 23,532,097 15,324,507 5,201,412
831.235
4,771.032
36,514.569 23,235,036 13,081,485
50,815,334 29,861,947 14,168,517 5,520,932 1,215,224
exceedingly dull, and there is more
Shipments of Flour and Grain from the ports of Chicago,
prices to quote for the past week. Receipts Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Duluth for the week ended Jan 27, 1877, and from Jan. 1 to Jan.
were rather more liberal, and, coming upon previous accumula¬
tions, caused receivers to be anxious to realize upon a portjoa of 27, inclusive, for four years ;
The flour market has ruled
or
less
decline in
1
THE
118
Flour,
bbls.
Jftn. 27,1877
89,664
Jan.
Cor.
Cor.
Cor.
COH
Cor.
7M86
20, 1877
Total Jan. 1 to date.
OAUie UUlQ
00-4, ‘iOtJ
week ’74
week’73
week’72
AO *□.
561,520
Same time 1874
bush.
114.610
79,516
88,468
81,791
1C4.988
74,294
41,-382
336,691
week’76
week’75
What,
22‘»,287
161,176
632,146
105,211
41,294
499,273
4,035,001
Com,
bush.
Oat?,
bush.
150,£65
68,325
179,497
160,422
131,310
93,535
106,685
502,936
Wheat,
bush.
Cora,
bosh.
bush.
54,312
79,2(0
17,685
1,100
13,567
217,798
147,715
19,568
Philadelphia
1-,950
15,764
8 341
23,200
Baltimore
New Orleans
Portland
Montreal
Total
Previous week
Cor. week ’76
Jan. 1 to date
Same time 1876
Same time 1875
Same time 1874
The Visible
550
.
.
61,235
9,3b0
....
248,900
12
114.921
82,851
161.230
99,276
1.151,743
911,653
267,889
117,589
153,370
385,812
873,489
7-36,744
1,182,151
252,502
of
27,918
9,780
3.921
6,0(0
4,0C0
7,233
20,000
....
2,000
....
....
179,141
51,642
43,500
2a&,756
29,203
25,152
4,162,921
806,317
5,865,898 l,04y,l-37
5,110,001 1.259,«23
2,819,514 1,633,909
201,572
686,721
149,755
99,997
31,221
18,703
95,837
995,403
3.139
205,287
Grain, comprising the stock in
4,204,881
Supply
Bariey, Rye,
bush. bush.
44,103
10,500
21,028
562,836
1,501,239
1,283,212
1 TO DATE.
34,984
5,760
2,8(0
554,600
79,850
38.700
Rye,
bush.
68,660
39,583
68,720
65,722/
87.146
33,434
42,532
255,279
Oats,
Flour,
bbls.
v...
bush.
granary at the principal points of accumulation at lake and
seaboard ports, in transit by rail, on the New York canals and on
the lakes, Jan. 27, 1877:
Cora,
Oats,
Barley,
Rye,
Wheat,
bush.
In Store at New York
In store at Albany
in store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Duluth.,...
In store at Toledo
In store at Detroit
Instore at Oswego *
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto.
In store at Montreal
In store at Philadelphia*
Instore at Indianapolis*
In store at Kansas City
In store at Baltimore
Rail shipments, week
A^oat in New York
83,874
2,100
21,205
bush.
bush.
....
....
2t9.384
72,370
25.000
126,329
110,669
64,711
58.218
400,0ti0
139,178
5,350
47,423
53,591
11,787
30,409
370,566
13,157
65,000
225,759
1,418,428
62,060
11,219
8,065
194,146
797,436
239,190
210,CC0
108,238
450,000
300,000
275,000
bush.
956.578
708.785 382,579
27,500
416,600 48,500
15,052
376,311
8,915
£60,910 1,049,631 249,082
165,288
266,475 78,549
210,000 1,350,000
10.000
325,103
181,032
87.106
11,921,143 15,3*9,493
Total
Jan. 20,1877
Jan. 29, 1976
Jan. 30, 1875
*
bach.
3,125,849 2,54M;ti9
1,700
10.500
427,061
2^5,721
2,533,530 2,367,733
2,025,371
78,549
....
55,000
440,512 1,400,221
225,777
15,430
JyO.OwU
75,000
471,411 1,(26,897
219,570
4,931
91
51,608
215.019
Ginghams ruled quiet, except dress styles, which were
gocd demand. Cotton dress goods were sold in moderate lots
a fair aggregate amount.
cloths.
in
12,065
14,307 to
518,203
9,716
Domestic Woolen Goods.—The class of men’s-wear woolens
667,400
17,5^0
209,657
16,656 usually bought by the clothing trade exhibited less general
H2.4H
6,741
458,153
17,069 activity than when last reported upon, but fine qualities of cassi1.881,651
73,191 meres, suitiDgs, and worsted coatings were fairly active. There
were a few orders placed for heavy woolens for fall, and most
1,208,713
912,654 400,174
64,261 manufacturers have discontinued the
production of light weights
AT 8EABOARD PORTS FOR THE for the season.
Meltons and tricots were in moderate demand3b0,923
416.56:1
RECEIPTS OF FLOUR AND GRAIN
WEEK ENDED JAN. 27, 1877, AND FROM JAN.
At—
'New York
Boston
Barley,
[February 3, 1677
CHRONICLE.
....
50,0U0
3,158,306
.
..
.
.
....
3,615
10,001
but cloths and doeskins remained
Worsted ceatings of
and
cotton warp goods were not so quick.
Tweeds and repellents
were in limited request, and satinets were a shade more active..
Kentucky jeans were in better demand, and, in some cases, a
slight advance was established by agents. Flannels remained
quiet, except all-wool white flannels, and white dometts, for
which there was a moderate inquiry. Worsted dress goods were
in fair request by interior jobbers, but the local trade bought
lightly.
the
makes
best
met
Foreign Dry Goods.—There
Mill?.
No. 0
9^0
26,372
45,000
4/82,738 1,087,149
12,238,969 11,733,068 3,404,087 4,762.361 1,027,715
3,090,087 2,096,015 235,223
12,134,565 6,130,393 2,534,021 1,671,667 229,066
No. 10
Cotton eail twine..
Friday, P. M., Feb. 2, 1877.
week has been fairly active for the time
There was a steady movement in cotton goods, values of
which were firmly maintained, and prints were taken in such
liberal amounts that agents’ stocks were in most cases closed
out, which gave prices an upward turn. In woolen goods the
demand was le38 active, as most of the larger clothiers have com¬
pleted their purchases of light weights, and have not yet com¬
menced operations for the fall trade. The feature of the week’s
business was an auction sale of 15,000 pieces of black alpacas,
which was made by order of the Treasurer and Directors of the
Arlington Mills, in order to introduce the goods thoroughly to
the trade. The sale attracted buyers from all parts of the
interior, and the competition was very spirited, which enabled
the auctioneers to close out the entire line of goods in a short
space of time, at within five per cent of agents’ net list prices,
which was considered a great success. The amount of the above
sale was considerably over $200,000.
Domestic Cotton Goods.—The exports of domestics and
prints to foreign markets during the week ending January 30
were 1,303 packages, and the more important shipments were as
follows: Great Britain, 582 packages ; Brazil, 315 ; Danish West
Indies, 77; Cuba, 75; Mexico, 06; British West Indies, 47;
Japan, 34 ; Venezuela, 29, &c., &c. There was a steady demand
by the home trade for brown and bleached cottons, and piic(S
ruled firm, with an upward tendency.
Denims continued
active, in light supply and fi»m.
Dyed ducks were &teudyj
and tickings, stripes, cottonades, and cheviots were, in fair
request. Corset jeans were active, and Kearsarge eatteens were
advanced to 10 cents. Rolled jaeconets and glazed cambrics were
in better demand, and several makes were advanced ^c.
Warps
twines, and yarns continued to move freely, and are firmly held.
Print cloths were active and higher at 5£c, thirty days, for extra
64x64s, spots and futures, and 4^c., cash to ten days, for 5Gx60s.
Prints were very active, and some makes were advanced to 8c.,
in view of the short supply and the continued liigh cost of print
I
Greenwood’s (7oz.)
No. 2
No. 3
.
No,4
...
.
No. 5
No.6...r
No. 7
No. 8...
No. 9
.
.
.
^
.
_
,
12#
Greenwood’s (8oz.)
Ravens
Bear (8oz.) 29 in.,
do heavy (9oz.)...
Extra heavy bear..
Mont. Ravens 20in.
40in.
26
25
24
22
21
.
,
Ravens
31
29
27
.
13#
Woodberry and OntarioU.S.A. Standard 23#in.
8«»z
17
9 oz
19
10 oz.
21
12 oz
25
31
15 oz
.
18
17
twls“Polhem’e-' 10—11>
Ontario Twls, 36in.
14
16
18
16
23
do31in.(8oz.exql)
Ex
Stripes.
do
fancy
Bates Cheviot..
Belm’nt Chev’t
14
Clarendon do
11#
Creetfmoor do
Centnry Chev’t.
10
10
20
Cordis awning.
9
Columbian
11
Everest Cheviot
Everett heavy..
16
Hamilcon
..11#@12#
Lew’n AA.Chev.
12#
no
A
12
Massabesic
Otis BB
:
10
Amoskeag
17
Carlton
9-10
American
11-12
Cherwell
12#
13#
do
...
The market the past
of jear.
20
29
Light Duck—
34
Amoskeag
THU DRV GOODS TRADE.
demand for house¬
Cotton Sail Duck,
16,991,979 4,250,692
Estimated.
more
keeping linen goods, dress linens and handkerchiefs, and plain
fancy white goods were distributed in moderate lots to a
considerable amount. Hamburg embroideries found ready buyers
at satisfactory prices.
Dress goods moved slowly, but staple
makes, like cashmeres, etc., are firmly held. In silks there was
no movement of importance, and ribbons were in light demand.
Men’s-wear woolens were dull, except spring overcoatings, for
which there was a fair demand. Kid gloves were in steady
request, and cotton half-hose were rather more active.
We annex prices ol domestic ginghams :
....
10 500
12,402
was
and
69.582
88,872,
3,241 Woodberry and Druid
42,000
quiet.
with fair sales, but low qualities
12#
12#
Park Mills Cb’t.
Thorndike A....B....
do
Uncasville A...
do
UCA.
Whittenton AA
do
B...
do fancy XX
11#
....
...,
12#l
9i#
12#
Denims.
do
B....
Boston
Beaver Cr.AA.
do
BB.
do
CC.
9
13
12
Cdlumb’n h’ybro
17
17
.
.
10#
do XXX brn
Thorndike A..
Uncasv’e UCA.
Everett
Lewiston
15
Otis AXA
do BB
do CC
Pearl River.,
14#
20
13
11*
16/2
.
10#
■
York
Warren AXA..
BB....
do
do
CC.
Gold Medal...
....
14#
13
11#
..
.
....
10
Haymaker....
Palmer
14
I
Amoskeag!
9#
..
-
Bates
9
..
Glasgow
9#
9#
.
Larcaster
Namaske
Baird.
Belfast
Shirley
White Mfg Co.
9
..
Gloucester, n .e..
Plunkett
-
Carleton......
Miami
12#
Park Mill-',No.80
do
No. 90
do
No. 100
14#-.
8
Checks.
17
19
20
12
Caledonia.No. 10
No. 70
No. 80
do
do
Economy
Far.& Min, No. 5
do
No. 6
10
.
11
15
10#
11#
do
65
65
c5
& Co
Clark’s,O.N T
Manning
Globe Mills....
Stafford ......
....
16#
18
12
Prodigy..
13#
Lewiston A
13#
Wyoming
Wamsutta
45
65
65
Clark, John, Jr.
6 cord
Merrick
Green & Dan¬
iels
Holyoke
40
Orr&McNanght
Pratt & F.6cord,
35
35
with Needle
Threader.,
do
3 cord..
35
Jeans.
Corset
8 Pepperdl, blea,.
! Ind. Orch.
Imp..
'do
sat
9# |
6# Kearsarge, eat*. •.
9
Amoskeag
Androscog’n sat.
Cifnoe Riyer....
7#
Clarendon
Hallowell Imp.
do
brown
....
....
Laconia
.
do
9#
9
a...
Naumkeag sat..
sat.
..
9#.
M
Pequot
Rockjtort........
|P Suilofk
liltO*!
Newm»ktt
Glazed
6
6
Empire
Forest Grove
13#
Spool Cotton.
Willimantic, 3
Ashworth
J. & P. Coat’s
Hall &
Far. & Min. No. 7
do
No. 8
do
No. 9
Park Mills,No.50
do
No.60
do
No. 70
.......
8#
io“
Cambrics.
Harmony
Red Cross
*....
6
Washington
Mfg-h dolors lc. higher.
6#
Garner
Drown
Appleton
..
Amoskeag A
Augnsta
.
Boott
..
Drills.
9
Laconia.....
9
Mass. G..*..
9
9
9
Popperell
9
8#
Lyman IT
Langley B
9
MassD
14
....
Stark A...
........
9
Cotton Yarns.
Empress 6 to 12...
Pendleton
do
.
22#
Sargeant
22#
Fontenoy
6 to 12..
do
22#
22#
IXL 6 to 12
XXX do
22#
22#
February 3,
fliporis ol Leading Articles from Mew York.*
The following table, compiled from Custom House returns,
shows the exports since Jan. 1, 1877, of leading articles from the
port of New York to all the principal foreign countries, the
totals for the last week, and also the totals since Jan. 1, 1877
and 1876.
The last two lines show total values, including the
value of all otheir articles besides those mentioned in the table.
Importations of Dry Good*.
importations of dry g)ods at this port for the week ending
1, 1877, and for the corresponding weeks of 1876 and
1875, have been as follows :
The
S?eb.
1. 1817.
1877
Pkes. Value.
897
$439,592
587,635
1,710
ENTERED FOB CONSUMPTION FOB THB WBBK BNDIN0 FEB.
1875
.
119
THE CHRONICLE
1377*]
1875
*
Pkgs.
Pkgs. Value.
Manufactures of wool.... 1,699
|810/247
do
cotton. .1,7^9
611,982
527
do
silk
418,110
do
flax
1,111
283.189
Miscellaneous dry goods 3,133
215,071
.
.
Value.
1,079
$526,066
1 445
646
452,066
1,146
562
529/143
745
555,019
290,844
160,072
1,687
354 5:0
806
159,215
37=-?fg'ig«
W
W
«
i-<
«
3 S 31-
7* N
^ ^ ^
*»•
is
CT>
oT
•-->
t-
i
50 ■«<
'(D’fOO’*
8,211 $ 2,339,608
— ....
.
£
3 ^3 * £ « S
~ 8 S *£**v I:
niM
H
O
S
5,345 $2,096,041
4,88) $1,968,391
•WITHDRAWN FBOM WAREHOUSE AND THROWN INTO TBB VARKKT DURING THB
Total..
-*5 oo
X) (- j; QO W t—c- r-_-
>3^0
CD
eo »o
p
»
SAVE PBBIOD.
$3'ti,475
412
$131,500
429,186
131.266
142,973
236,308
36,316
551
131
676
570
Total
4,790 $1,653,953
Add ent’d for consumpt’n 8,211 2,339,603
2,310
4,880
$665,177
1,959,311
Manufactures of wool
1.801
1,576
cotton..
do
do
do
silk
Miscellaneous
145,668
134
997
281
flax
dry goods.
Total thrown upon m’k’t.13,001
$3,9)3,561
ENTERED FOB WAREHOUSING
Manufactures of wool....
do
do
do
cotton..
silk
flax
.
-**.*i§-3®3®S3SS
.•sssggsss
-£ ai JO o ro 30
• s>J
3;
S* rf)
114,796
«
$474,07*2
1.534
469
9!
436
101.768
150
52
3,542
2,563
$173,294
410
138,835
103,751
39,959
26,8)0
391
, ICO
244
123,159
129/347
59,157
lt4
29,418
1514,375
2,093,041
$552,103
3,821
$519,629
1.259
2,339.608
4,880
1,968,331
5,845
Total entered at the por*. 9,660
$2,391,711
JBMt*
>
C"» ■=
Coal, tons
Cocoa bags...
..
Coffee, bags
Cotton, bales
Drugs, &c—
Bark, Peruvian..
3,136
Blea. powders...
Cochineal
Cream Tartar...
Gambier
Gum, Arabic....
Indigo
Madder
Oils, essential..
Oil, Olive
Opium
Soda, bi-carb....
Soda, sal........
Sodaash
Flax
Purs
Gunny cloth
Hair
1,937
504
30
393
•
•
...
5
.
—
•
•
• v
****».
2,721
218
66*
16G
41
330
691
167
12
794
208
.
Hemp, bales
Hides, &c—
Bristles
Hides, dressed..
Cadia rubber
Ivory
Jewelry, &c.—
Jewelry
Watches
Linseed
Molasses
.
Steel
Tin, boxes
Tin slabs, lbs...
Wool, bales
Articles reported by
Corks
Lemons
792
Oranges
2U
60,639
59.259
11.196
285,740
107,423
352.719
5,222
4,287
10
63
79
301
4,313
4,76!
147
211
Ginger
Pepper
Saltpetre
SI 5
23
350
Woods—
3/0)
1,423
130,85 2
453
4,725
11,933
6,958
2,23b
6,493
.00
J t>2 x> T-t
o* an
o co
.
T*
.CO
.
.to
.
.
.
•
«
rr
*••
$
94,992
7,907
bbls.
Flour
Wheat
Corn
bush.
Oats
.r....
Rye
Barley and malt.
Grass seed.bags.
Beans
bbls.
Peas
bu^h.
C. meal....bbls.
Cotton
bales.
.<?•
56.702
75,839
Hemp
bales.
Hides
....No.
Hops.
bales.
Leather.
.sides.
Molasses.. ..hhds.
Molasses., .bbls.
Naval Stores—
..
Cr. turp
bbls.
Spirits tnrpen...
Rosin
Tar
12,86
1-3.37.)
-
103,246
111
276,915
5,601
295/362
250
22, IQS
100
2,715
19,325
1,640
100,195
51'
3 6,529
Beef.
Lard
Lard
Rice
Starch
10,309 Stearine
366,194 Sugar
Sugar
22,855 Tallow
200
3,873
Tobacco
Tobacco
648
* o'co
t-CJl
ss
266,140
.
Whiskey
....
•
3 •
ft •
•
CD
TT —*
(JIlOcO
—
net.
■
■
oo«
*
’
—gs
to
e>5»
'to
»c—
.
o
•
o
•
•
■
o
I
oS
*
fig
34,332
54.409
4,088
—
96,505
8,383
Same
1/77 time 1876
20*,i89
55,473
1,140
7,936
25
•
•
.
os —«
•
r—»
(
75,946
43,152
51/3T8
22.412
22.116
6,762
27.660
14,665
2,192
1,611
4,374
5,674
11,924
3,256
3.S17
10,493
hhds.
1,176
3.459
bbls.
16.506
11,067
8,683
5,382
6
bales.
4,101
21.704
.
•
•
®
25
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ss;
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8,459
1/7,941
8,893
4,651
39/66
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1, 1877, and for
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4
CD
15,559
3,986
hhds.
pkgs.
•
•
•
i~
•
‘
*
•
24,502
bbls.
o: ao
•—•'ft
.
air
•O O o eo 70 — MS O CO
• .
■ 1
.
,
j
44,579
1,549
2,70-!
kegs.
pkgs.
eo
30,^7
105,219
91,874
16,515
Dressed Hogs.. No.
27,472 iWool
vi"
•
to
gaoso ‘
68,933
31,319
Jan.
3SK::::::::::::
ooth
•
4
184,940
Since
Pitch
Oil cake
—
■
.klS-iS JCCrti5-<
•<
•
■ 05
• —•
Produce*
pkgs.
352,306 Oil, lard
1,101,628 peanuts
.bags.
791,791 1,213,434 Provisions—
Butter ....pkgs.
441,245
492,529
Cheese
13,084
49,972
Cntmeats
475,11b
271,330
13,067
27.512
7,142
8,261
33,053
>
(»
c» —*
2.172
4,251
39,419
3,906
47.974
1,734
Logwood
—-.g;eoos —»*
70
onxcom
.
’ct
•
192,253
240,446
257,776!
vco
w
* ’
19,427
Cork
Fustic
Same
time 1876
445 i
OX)
**'3
«u
338
•
«
.
6,919
Cassia
The receipts of domestic produce since January
tlie same time in 1876, have been as follows :
pkgs.
.828
•
co5»©.eO
1
'
Breadstuff's—
:
'Si#
r-w««
Ashes
.
•
Ǥ
723.672
Mafiogany
Since
Jan. 1/77
•
.
— OO 0» O
G* »0
rT
.
.*•
.lO
◄ BOO
.•
® o —*
249,389
1,224,867
Spices; &c.—
Receipts or Domestic
o> t*
O. T>
• r. !-
05
7,192
$
72,588
8,135
111,573
119,60 i
..
..
77
490
•
•
eo v
112,876
18,379
Raisins
Hides, undressed..
Rice
23,668
.
•
13,721
26,343
..
Nuts
6,917
52
....
Fruits, &c.—
175
.
O
W3
'(DO
,
.
value —
4,136 Fish
•
5,9 i 5
I
Wines
5,221
4,930
•
o
.
2.6S7
Waste
3,7U Fancy goods..
•
«f?
CO X>
><8 ft xT
to
.
1,223,990 1,772.792
3,149
13,054
bbls
6,527
/
TT
750
pigs
Spelter, Tbs
2,100
30)
564
137
135
'
•
Lead,
2,021 Cigars
109
"W
•
3
o,
.
Wines, &c—
5,837
Champagne, bks.
•
^
ODiO
j
-2
o»o
•
.
.
•
Sugar, bxs & bags.
2,893 Tea
2,352 Tobacco
892
•
Iron, RR. bars...
140
•
•
ad
o
4*
Hardware
Rags
229,512 Sugar, hhds, tea. &
457
1
rr
1
-s?
^ t.,-00 0-.
>^0503
.OJ3iO
4>
310
153,152
•^x>t-eo»'CQ*oa;2>x)
51
05
a
a. eo«~
®
t" »»
O'-
223
Cutlery
4,022
1,260
o r. n
fl
‘ ‘a*
>c<«.-
>
Metals, <fcc.—
B ittons
03
•
cooT
™
Gla8s,plate
>
—
•
.
m oo o
o v »
622
405
.3
0_
•
Since
Same
Jan. 1/71 time 1876
3,184
•
•
.coto*n
.N2»in.-9»co
it
£?
•
-•
7,101 $2,610,416
8,701 $2,438,020
Same
Since
Jan. 1,71 ‘ime 1876
678
520
*
*
table, compiled from Custom House returns,
imports of leading articles at this port since
January 1, 1877, and for the same period in 1876:
[The quantity is given in packages when not otherwise specified.]
1.501
33.69*
,T.
.
‘
(=0X5
The following
shows the foreign
3,1.8
•
.
■WOXrt
GQ jb®
Leading Articles*
9T3
2
7,379 $2,570,113
$210,239
541
122,166
13 4,396
1,572
26,961
2,624
-»iTO
CO OO
CO
o>
2,096,041
5.8 i5
Total
1,149
AddentMforconsumptn 8,211
EarthenwareChina
Earthenware...
Glass
Glassware
—T
<o
*•
24,763
22.410
DURING SAVE PERIOD.
34
129
China, Glass and
’V«c«<a>r»an»o
ui
t-T "oo
oT
74,372
136,963
rt>
$191,231
Import* of
O X2
100,541
7.220 $2,633,563
411
Miscellaneous dry good?..
$159,580
gee i-o
t—
t-' ^
of
••
S
cr
ao
ao
»
CD QD
o’ ft
BaOODBBB®®®
-
^^6^
3
V
N
^
.
-t
^
CD
J*
CD
•
•
17.512
41.
■Q
(3
A]
4 ^
1
•
®
fft
»
B ®
rt M)
^
*
* C]
*
d
* ® "-> I'
«
0 :o : *3
ffl
g
§
o+i 4) p
igfeSlSslI
H-aCigSglA
QWS5
OO
a
&
*
M3EXW
33 PINE ST., NEW YORK.
MORTGAGE BONDS
[Established at Champaign, Illinois, In 186!.]
GUARANTEED BY THE
$200,000 REAL. ESTATE FIRST
Equitable Trust Co.,
for sale in amounts of $1,000 and upwards, yielding
NINE to TEN Per Cent interest, and
$1,000,060 CAPITAL.
BONDS ARE
COMMENDED TO THE ATTENTION OF
THESE REAL ESTATE MORTGAGE
AND
THE MOST
MIL WARD’S HELIX NEEDLES.
337 and 339 Canal street,
NEW YORK.
m&kcr.
AGENTS
FOR
Washington Mills, Chicopee Mfg
Burlington Woolen Co.,
Ellertou New Mills,
Atlantic Co ton Mills,
Saratoga Victory Mfg
Co.,
Co.,
„,
DRAWERS.
NEW YORK,
BOSTON.
48 & 45 Whits Strkbt.
15 Chaunoky
PHILADELPHIA.
J W. DAYTON, 230 Chkbtnut Strkkt.
St.
Wright, Bliss & Fabyan,
DRY GOODS
"
Second—Each bond is secured by a first mortgage of
eal estate of not less than double Its value.
Third—The prompt payment of both principal and
nterest of every
bond 1b guaranteed by this Company.
character except those arising from such guaranty
thereby keeping its whole capital of One Mhlion
Dollars unimpaired, TO MEET AT ALL TIMES the
prompt payment of both principal and interest of
these Bonds.
All mortgages securing the Bonds are formally ap
ROBERT
Eroved
by L.
theKENNEDY,
following Executive
Board
:
ADRIAN
1SELIN,
SAMUEL WILLETS,
JAMES A. ROOSEVELT,
WM. REMSEN,
EUGEnE KELLY.
JHAS. BUTLER,
JOHN D. MAXWELL,
GUSTAV STKLLWAG.
These Securities bear Seven Per Cent Interest pay¬
able semi annually, and are oflered for sale at one
hundred and two and interest at the office of the
Equitable: Trust Company, Nos. 52 & 54 William street.
JONATHAN EDWARDS. President.
BOSTON,
71 and 73 Thomas
St., NEW YORK,
PHILADELPHIA.
Chestnut St.,
Brinckerhoff, Turner
&
INTEREST,
SEVEN PER CENT TEN-YEAR BONDS
ESTATE.
REAL
GUARANTEED, PRINCIPAL AND INTEREST,
in
COTTONS AILDUCK
And all kinds of
DUCK, CAR COVER
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
COTTON CANVAb, FELTING
SEAMLESS BAGS,
“AWNING STRIPES.”
“ ONTARIO”
Also, Agents
United States Bunting Company.
supply all Widths and Colors always
No. 109
Duane
Olyphant
in stock.
Street.
&
Co.,
Hong Kong, Shanghai, Foochow
Canton, China.
A
Represented by
OLYPHANT A Co., of China,
104 Wall St., New
York.
John Dwight & Co.,
srtfe'-
SUPER-CARBONATE
The issue of bonds is limited to one-half the amount
of the same class of bonds ever issued under a like
of each bond is not confined to a single
Mortgage, but extends over all the Mortgages owned
by the Company. This Company receives no deposits,
guarantees no other securities, and has no other debts
than its bonds. Its mortgages are of like character to
those which have been bought in the last twenty years
by Individuals, Life Insurance Companies and other
Corporations, to the amount of more than Fifty Mil¬
lions of Dollars proving a moat secure and satisfactory
investment. The loans are 9K upon improved farms
in some of the most fertile Western States, near the
railroads, with short and perfect titles, and average
less than $520 each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon city property, either in the
EastorWTe8t. They are not affected by fires, or by
business revulsions; principal and interest are more
promptly paid ; and upon the success of agriculture
depends that of almost every industrial investment.
HENRY SALTONSTALL. President.
FkANCIS A. OSBORN, Treasurer.
VICE-PRESIDENTS :
Geo. C. Richardson,
Amos A.
Lawrence,
Jame6 L. Little,
or
Geo. P.
SODA.
Thomas Wlggleswortb,
Upham.
dibectors:
E. R. Mudge,
Charles L. Flint,
York.
The Jobbing Trade ONLY Supplied
$500,000.
Interest Coupons payable semi-annually.
Bonds
registered to order, or payable to bearer at option.
Accrued interest is not required to be paid by pur¬
chaser, the next-due Coupon being stamped so as to
denote that interest begins at the date of purchase.
A Pamphlet with full information will be sent on
application at the Company’s Office.
43 Milk Street, Boston.
These Bonds are commended to the attention of the
MOST CONSERVATIVE INVESTORS, as they are
believed to be as perfect a security as can be obtained.
MANUFACTURERS OF
No. 11 Old 811p, New
John P. Putnam.
David R. Whitney,
Henry Saltonstall,
Charles L. Young,
J. B.
Upham.
COUNSEL:
Hon. Henry W. Paine, Boston,
Simeon E. Baldwin, New Haven.
RICE.
The Bridge that has carried you safely over
A Solid Ten Per Cent.
Dan
tion.
Send for Circular.
BURNHAM A TULLEYS,
Council Bluffs, Iowa.
Talmage’s Sons,
92 Wan Street,
New York*
Adger’e Wharf, Charleston.
16 Conti Street, New
S. C.
Orleans.
The old established CENTRAL ILLINOIS LOAN
AGENCY, known all over New England and the Mid¬
dle States as the Agency whose Interest coupons are
Mortgage Loans
CAREFULLY SELECTED, secured by FIRST LIEN
on DESIRABLE Real Estate in Chicago and vicinity.
THE SAFEST and MOST PROFITABLE INVEST¬
7C State Street
Pearl Street.
Gossler &
CORRESPONDENTS
Co.,
OF
International Bank of ifambnrgand
London, (Limited.)
JOSEPH GILLOTT’S
HOUSE
JOHN
Interest payable semi-annually.
Prin¬
Baldwin, Walker & Co.,
HAWLEY BUILDING,
CHICAGO,
SUCH INVESTMENTS for
Capitalists, and invite correspondence and in¬
quiry AS TO THEIR STANDING.
MAKE A SPECIALTY OF
Well-known references on application.
TWELVE
PER
CENT MORTGAGES
IN
Denver
City, Col.Denver,.
be made In
twelve per cent net,
loans being )2 to 18 per cent.
Colorado having been admitted to the Union as a
State, her capital (the flourishing City of Denver)
now offers a favorable field for safe loans on im¬
proved property, at high rates of interest. The under¬
signed lias established an agency for the Investment
The best mortgage loans can
Col., on improved real estate, at
the range on mortgage
of Eastern money.
References in New
„
_
_
YorkFred’k S. Winston, Esq.
President, Mutual Life Insurance Co.; Charles P.
Kirkland, Esq., 20 Nassau st.; William B. Dana & Co.,
Publishers of
the Commercial and Financial
Chronicle.
CHARLES P. KIRKLAND, Jr.,
COUNSELLOR AT LAW,
Denver, Colorado*
W. CALHOUN,)
E. G. STEELE, f
Accountants &
Auditors
STREET.
NASSAU
20
No.
Complicated accounts of Estates and Partnerships
investigated and adjusted. Accounts prepared for tne
Surrogate. Books of Public Companies, Firms, &c^
opened, written up or closed.
Special attention given to Railroad investigations.
Refer by Permission to
Geo. S. Coe, Esq., Pres’t American Exchange BankW. A. Wheelock, Esq., Pres’t Central Nat. Bankj
Jas Lynch, Esq., Pres’t Irish Emigrants Society^
Col. H. S. McComb. Pres’t N.O. St. L. & Chlc.RR.Co.
-Ex. Norton, E6q., Pres’t Paducah & Memphis RR. Cq
Jos. F. Joy, Esq., Receiver Dutchess &
Parker Handy, Esq., Banker.
H. W. Smithers, Esq., Agent.
Hon. H. A. Smythe, late Collector of Port of N. Y.
Hon. Jas. P. Sinnott, Judge of the Marine Court.
Messrs. Van Winkle.Candler & Jay, Counsellors,&c.
Col. RR.
Alex Frothingham
BANKERS AND
No.
12
& Co.
BROKERS,
WALL
STREET.
PRIVILEGES negotiated at favor¬
Stocks bought and sold on a margin of
Reliable STOCK
able rates.
five per
cent.
Circulars and Weekly Financial Report
tent free.
-
BOSTON,
NEW YORK,
134
paying from Eight to Nine Percent,
cipal and Interest Coupons PAID PROMPTLY.
paid as certainly and as promptly as the coupons of
Government Bonds, has enlarged its field and changed
its name to “ THE KANSAS, MISSOURI & CENTRAL
ILLINOIS LOAN AGENCY.” There Is no change in
Its character or management. If a certain clean TEN
PER CENT will satisfy you, address for Circular.
Actuary. “ KANSAS. MISSOURI & CENTRAL ILLI¬
NOIS LOAN AGENCY,” Jacksonville, III.
STEEL PENS.
Sold by all dealers throughout the World.
BURNHAM, No. 33 Pine Street, New York.
A. C.
(Established 1869.)
CAPITAL STOCK. OF
Guarantee.
The security
COMMISSION MERCHANTS,
„
Vermilye, and Gilman. Son & Co., New York; J. M.
Allen, Esq., Hartford, Conn., and others, on applica¬
now
per annum.
BY ITS
A full
Have had an experience of over twelve years in the
business. Make none but safe loans. Loan no more
than one-third the actual value of the security. Guar¬
antee a personal inspection of the security in every
case.
Iowa Loans, xchen carefully placea, safe as
Government Bonds
Choice Loans of $2,000 and upwards made at NINE
PER CENT net.
Choice First-Class mortgages,
amply secured on Iowa farms, constantly on hand ana
for sale at our New York office.
Refer to John Jeffries, Esq., Boston, Mass.; Jacob D
MENT,
FIRST MORTGAGES OF IMPROVED
MORTGAGE SECURITY.
FIRST
Mortgage Security Co.
OFFERS FOR SALE, AT 105 ANI)
SECURED BY
Co.,
Manufacturers and Dealers
ENGLAND
NEW
THE
&C.
Ten Per Cent Net
ON
COMMISSION MERCHANTS,
100 Summer Street,
c
negotiated through the houses of
BURNHAM, TREVETTit, MATTIS, Champaign, III.
BURNHAM A TULLEYS Council Bluffs, Iowa.
BURNHAM, O RMSBY <k CO Emmetsburg, Iowa.
KANSAS LOAN it TRUST CO., Topeka, Kansas.
Investors may rely upon perfect security and prompt
Interest, as all loans are made in person, by the above
firms; who, living on the ground, know the actual
values of lands and character and responsibility of bor
rowers. County and School bonds for sale. Investors
invited to call or send for descriptive lists of securities
The Company guaranteeing tnese Bonds receives no
deposits, owes no money, and incurs no obligations of
ny
AND
HOSIERY, SHIRTS and
individual liability of the
Ilrst—They have the
BONDS,
MORTGAGE
,
INVESTORS.
CONSERVATIVE
E.R.Mudge,Sawyer&Co
Burnham,
C.
A.
REAL ESTATE
Bro.
George A. Clark &
Finanoial.
Financial.
Commercial Cards.
202
[February 3, 1877.
THE CHRONICLE.
120
IN
EUROPE,
BEBENBKTwG, GOSSLER A CO
Hamburg.
MEN AND IDIOMS OF
WALL STREET
book giving the highest and lowest
prices of stocks for 15years, complete list of defaulted
railroads, Black Friday, sketches of leadiug opera¬
tors, aud the method of dealing on small sums of
money. Copies Bent free to any address, Oraers for
stocks and ttock privileges executed by mall and tele¬
graph, collections made, money invested, and infor
Is
a new
72 page
mation g
en
by
JOHN H1CKLING
Bankers and Brokers,
& CO.,
72 BROAD Y7AY, H. Y.
@FedFRASER