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897781
HUNTS
MERCHANTS’
^
f
MAGAZINE*
gJfwsjnujie*,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL
INTERESTS OF THE UNITED
(Entered, according to act of Congress, in the year 1880,
by Wn. B. Dana & Co., in the office
YOL. 80.
THE
Foreign Trade
Adverse Report
Bill
Affects
Distress
and
1880
the
132
Imports and Exports for Dec.,
128
Inter-Oceanic
LeBBepa at Work
Irish
ary,
on the Silver
1879
U. S. Treasury
129
Statement
Monetary and
English News
Political
total
115
132
133
.
Canal—
a
enormous
The Debt Statement for Janu¬
our
127
The
require
CHRONICLE.
Commercial
243
NO. 763.
passing notice. Of course we refer to the
growth in our exports, so great that while
merchandise movement of 1879 was
only
millions
were
STATES.
Congress, Washington, D. C.J
SATURDAY, FEBRUARY 7, 1880.
CONTENTS.
How Speculation
of the Librarian of
more
millions
than
in
more
;
133
1873, the total exports
and further, while the
merchandise imports in 1873 were 120 million
dol¬
Financial Review of January. 130
News
135.1 lars more than the
THE BANKERS’ GAZETTE.
'exports, in 1879 the exports were
Money Market, U. S. Securi¬
Quotations of Stocks and Bonds 139 251 millions more than the imports.
This shows an
ties, Railway StockR, Foreign
Local Securities
140
Exchange, New York City
improvement
in
our
trade
Investments, and State, City
balance between these two
Banks, etc
136
and Corporation Finances... 141
commercial
epochs of 371 million dollars. It will be o?
THE COMMERCIAL TIMES.
V
Commercial Epitome
145 1 Dry Goods
151 I interest to notice the progress of this
change as shown
BraXtufia"!
::::::::
in the following statement of the total trade for a series
of years.
These are the figures for the fiscal years, as
we have not the returns so far
back for the calendar
Agitation
130
Commercial and Miscellaneous
i5o|Keceipt8&Export8
.
.
.
1511
JL'he Chronicle.
The Commercial
and
Financial Chronicle is issued every Satur
news up to midnight of
Friday.
day morning, with the latest
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For a complete set of the Commercial and
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cle—July, 1865, to date—or Hunt’s Merchants’ Magazine, 1839
1871, inquire at the office.
to
JIOW SPECULATION AFFECTS OUR FOREIGN
TRADE.
years.
Year
.
Ending
-Merchandise.-
June 30.
Excess of
Exports.
Imports.
18G9
$286,117,697
$417,506,379
1870
392,771,768
442,820,178
444,177,586
522,479,922
586,283,040
513,442,711
540,384,671
602,475,220
694,865,766
710,439,441
435,958,408
520,223,684
620,595,077
642,136,210
567,406,342
533,005,436
460,741,190
451,323,126
437,051,532
445,777,775
1871
1872
1873
1874
3875
1876
1877
1878
1879
Exports.
$
EXCC88 of
Imports. ;
$131,388,682
43,186,640
77,403,506
182,417,491
119,656,288
18,876,698
19,562,725
79,643,481
151,152,094
257,814,234
264,661,666
The statement for the last three calendar
years is as
follows.
Year
Ending
Dec. 31.
,
Merchandise
Exports.
$620,302,412
737,092,073
765,130,433
A feature of the
*
Imports.
$480,246,300
431,812,483'
513,780,016
Excess of
Excess of'
Exports.
Imports.
$140,056,112
305,279,590
251,350,477
foregoing, noticeable because of
its
bearing on the future,is the regular and not sudden growth
figures issued by the Bureau of I the statement shows in the export movement. Thus we see
Statistics, which we give to-day, show the largest aggre-1 its entire value was only 286 millions in 1869, while
every
gate of any year within the history of the country. I year since it has been
developing, until for the last calenPrevious to 1879, the highest totals were in
1873, when I dar year it reached almost three times that amount,
the merchandise imports reached 642 million
dollars, and I A reference to the detailed reports, indicates also that
the exports 522 millions, or, together,
1,164 millions—a I this was a healthy expansion, largely the product of an
total that was attained only by a gradual increase
during I increased' number of articles embraced within the list
previous years, mainly in imports, the culmination of the of exports. This thought is important, because some
most extensive speculation and
extravagance ever known. I seem to claim that with a, fair harvest in Europe next
The year 1879 presents conditions
quite the reverse, year our exports are to return to the old totals. That
coming as it does at the close of an unparalleled depres- conclusion is by no means warranted. Of course good
sion in all industries, and yet the merchandise
imports harvests abroad will deprive the total of what is added
are 514 million dollars* the
exports 765 million dollars, to the breadstuffs and provision accounts now by the
1,279
being together
millions, or a gain of 115 million unusually high prices.
But the above progressive
dollars over the remarkable year of 1873.
figures indicate, and an examination of the detailed
The feature, however, of greatest difference and
reports proves, that the, basis is getting .broader, and
greatest gain in the present statement is one that has what is lost in one direction is
likely to be in great part
been so frequently remarked
upon, that it will only * made good in another.
The annual trade
I
THE CHRONICLE.
128
[Vou xxx.
There is however in the present export movement
•one unfavorable feature, and that is that many branches
session last year, as will be remembered, Mr. Bayard
was able to suppress
temporarily, by refusing to take
of
action about it, urging unanswerably that the
closing days of an extra session, called for a single and
widely different purpose, were no time for handling so
important a subject. At that time the craze was so hot
that there was a disposition, which was prudently
repressed, to even drive Mr. Bayard from the committee;
but now the committee justify him by the adverse vote
just given, and the Warner bill may be considered
especially of goods made in whole
-or in part of metals, have largely fallen off the past year.
’This is due to the higher values ruling in those depart¬
ments, which is to some extent legitimate, but chiefly
speculative and temporary. There is also another class
of articles, the movement in which has been checked by
a belief in higher prices later on.
Our readers may not
be aware how much larger than usual are the values
thus carried by our banks. The following shows the
difference in stocks held of a few of our leading produc¬
tions. We estimate the values, not on New York prices,
but on what we believe to be a fair average, February
1, for the whole country.
manufacture,
more
1879.
1880.
February 1.
Quantity.
Are.
Value.
price.
$
Wheat,bush. 3Q,000,000
125
Oth’r grains,
bush
21,000,000
50
*Cotton, bis.
Ave.
Quantity.
Value.
price.
$
$
37,500,000 20,000,000
1 00
$
20,000,000
1,350,000 53 00
670,000
19 00
531,877 17 00
12,730,000
8,780,250
7,087,404
3,958,955
58,535 150
308,148 23 00
359,905 11 00
236.269
8 50
89,238.035
Outports and interior towns.
In these few articles
twice
9,041,909
5,800,470
4,287,369
2,008,287
44,619 130
225,651 19 00
Total....
*
t New York and Chicago.
we
have
a
total value almost
great as at this time a year ago, due, as will be
seen, in part to larger stocks, and in part to higher
prices.
One other marked
change in our trade returns is the
imports. The following monthly state¬
ment, which the Bureau of Statistics furnishes, shows how
decidedly this has developed the last half of the year.
our
Imports.
Month.
1878.
32,908,153
37,637.871
36,208,317
35,223,057
March
April
May
June
July
August
September
October
November
December
Total
Exports.
1879.
1878.
1879.
$35,699,260 $33,515,640 $69,239,089 $59,409,194
January
February
Yet
reluctantly admit that this vote may not
fully justify the favorable conclusions drawn from it.
Assuming, as it is safe to do, that the vote foreshadows
the course to be followed by Congress in regard to this
particular bill, still we fear it is simply a fresh instance
and indication of the present influence of what is foolishly
and falsely called the policy of “ let well enough alone;”—
not so much against soft-money measures as against any
financial measures at all, and, under its sway, the proba¬
we
35,373,419
35,506,288
37,061,429
41,856,611
42,136,101
35,376,046
38,890,451
41,287,507
36,954,681
43,082,769
37,412,632
37,429,897
38,254,537
31,516,331
44,224,878
47,789,142
50,463,755
59,783,697
66.234.619
71,726,578
60,135,733
54,766,594
46,734,898
47,724,180
59.242.619
58,134,967
65,567,989
70,103,425
67,481,382
must
are
that desirable
with the bad
64,828,737
66,154,745
54,341,862
52,355,260
45,095,081
50,931,856
58,680,968
65,444,055
87,760,239
79,304,065
80,824,431
$431,812,483 $513,780,016 $737,092,073 $765,130,493
According to the above, the average for the past six
months is about 48 millions a month, against 38 millions
the first six months; the last three months the average
•has been about 53 millions. To a very considerable ex¬
tent this development would be expected after the de¬
creased imports of the previous four years. But is there
not a suggestion of danger in conditions that permit of
«uch expansion as is recorded for the closing months of
the year ?
ADVERSE REPORT ON THE SILVER BILL.
A few
days ago a bill, substantially identical with the
Bland Silver bill as originally introduced two years
since, was presented in the House by Mr. Bland. It is
needless, however, to expend upon it a word except as
indicating that the soft-money disease is incurable by
mere emollients
applied to the surface ; for only the
day before this revived measure was offered, its fate was
foreshadowed by the adverse vote in the Senate Finance
on
the Warner bill.
This
will be condemned
the death of non-action. The exist¬
ing situation in the matter of silver by the do-nothing
policy cannot be changed because something would be
disturbed, and by the same reasoning—if that can be
called reasoning which does not reason, bat vaguely
fears—Mr.
Bayard’s legal-tender proposition may be
The country, by force of a quack
prescription written out two years ago, has been taking
monthly doses of a slow metallic poison, and the result is
necessarily only a question of how long the system will
have strength to hold out. The proposition now adverse¬
ly reported upon was one of the last efforts of inflation.
But the original law, so bad in itself and which is virtu¬
ally condemned by this adverse report, cannot be re¬
pealed or suspended, a harmless andjbeneficent proposi¬
tion singularly timely cannot be discussed, a false step
cannot be retraced—because it would be “disturbing.”
All this, of course—why ? afraid of the Presidential
spook.
But what a spectacle is Congress presenting to the
world! It is not in session for the purposes of legisla¬
tion, for nothing is suffered to be done; it is not a con¬
ference about business interests, for those interests are
scarcely thought of; it is not even President-making, for
Congress is merely a side-show to the arenas in the
States; suppose the session to be only a phase in the
struggle, and still it is nothing, for the abject terror
about the financial question prevents each side from
making a move. The truth is, Congress is now sitting'
to make a President, and dares not stir a step towards
doing so. It is almost afraid even to go on with refund¬
ing. Perhaps that is under a wise intention; for how can
it be possible, under existing circumstances, that our
credit can attain the full standing properly due to the
extent of the country’s resources?
In fact, it is idle to
talk of a credit equal to that of Great Britain while the
from which inflation schemes
roots
bill, at the extra
•
'
undisturbed.
Committee
ones to
measures
doomed to failure.
as
revival in
defeated.
bilities
40 8,200,000
10,500,000 18,000,000
38
00 39,900,000
1,050,000
71,550,000
Coffee
(Rio)
bags
Sugar, tons.
tLard, tcs...
tPork, bbls..
any
It is
can
start
remain
*
equally idle to expect that peafce
stability at home can be permanently secured
by varnishing over the surface and suppressing discus¬
sion. Has not the policy, of repression been already
tried thoroughly in this country, on a subject which was
irrepressible ?
Furthermore, this timorousness is really its own best
critic and answer, for it shows the perennial mischief of
having the currency linked with government and poli¬
tics. The simples, which are really curative of the finan¬
cial disorder, are objected to as agitating and disturbing.
and
February 7, 1?80.
THE CHRONICLE.
|
129
But the fact is that the situation itself is the
disturbing General Wright, “that everything about the work wething, because, like diseased blood, it breaks and will are engaged in has a most
thorough and business-like
break out into trouble on the surface. The
mistake, character.” Ihe opinions of such a man as General
however, is the politicians’, not the people’s. As we Wright are the more valuable that he is not
only an
have often pointed out, there has never been an in¬
American, but has given in most unmistakable waya
stance of a
campaign fought squarely on the money proof of his devotion to the interests of his
country.
issue when the party that stood for hard
A thorough survey is the first essential
money
prerequisite to
has failed ;
and every time a party, or a poli¬ a successful canal enterprise. Hitherto we have been
tician, has stooped jto dally with the rag-baby, working and talking in the dark. We are now
promised,,
the stooping has been punished
by disaster at the polls. for the first time, a thorough and exhaustive
survey of
.
The lesson is
plain—the people want sound money, and the Panama region. It will make us familiar with
every
they want the currency settled finally and taken out of inch of the ground—not with its surface features
only,
the arena of political disputation. As between
parties but with the kind and character of the material to be
and (so-called) leaders
exhibiting about equal cowardice excavated, both along the line of the canal and under
it is impossible to predict the
people’s reluctant choice; the water where such cutting will be deemed
necessary.
but they are anxiously watching for a choice lees hard. Not until such a
work has been
completed, will it be
They want to see a record made that shall show some possible to decide upon the exact line the canal shall
lines
on
who
can
it—not
a mere
blank surface.
foresee the true
The leader is best
first and take it, bringing
the people after him in it, but he is also the
rarest, and
we grieve to
say the race of such men seems to have in¬
termitted in these times. The
country wants men and a
course
policy, and to the former who give the latter
fully, nothing in political power will be denied.
THE
INTER-OCEANIC
success¬
CANAL—LESSEES
AT
WORK.
It is
old
saying that work well begun is more than
Several years will have to
elapse and much
money will have to be spent before the Panama Canal can
be a complete success. But whatever be the ultimate fate
of the great enterprise,
every unprejudiced man will will¬
ingly admit that M. de Lesseps has so far gone about his
part of the work in a straightforward, business-like man¬
ner.
It is difficult, indeed, to resist the conviction that
if success is to be determined
by earnestness of purpose,
he needs but length of
days to witness the completion of
the enterprise.
It is only a few weeks since the
surveying parties com¬
menced their work, and
although it cannot be said that
they have as yet reached any definite results, we are fully
assured that it is being
thoroughly done and that satis¬
factory progress is being made. There are in the field
and hard at work over one hundred and
thirty men, d!s.
tributed over the line of survey,
which, for the present,
an
half finished.
follow ; and not until the line has been
agreed upon
will it be possible to estimate the total cost of the
great
undertaking.
It is gratifying to know that while the
survey is to be thorough the results of the survey are
to be carefully scrutinized—scrutinized in such a
manner
that there
shall be
concealment and no mistake.
These results are to be placed in the hands of what ia
called “ The International
Superior Technical Commis¬
no
sion,” whose decision shall be final. These gentlemen
are, all of them, not only well qualified, but above sus¬
picion. The American representatives are Colonel Tot¬
and General W. W.
Wright
them will be associated Mr. I.
ten
above-named. With
Dircks, engineer in charge
of the Holland water works, and
constructer of the canal
from Amsterdam to the North Sea
; M. Danzats, chief
engineer of the Suez canal, and M. Boutan, a well
known mining engineer in the service of the French
government. In a very few weeks from now we shall
know the results of the survey, and the conclusions also
of the International Commission.
It is, we think, to be regretted that
any section or
number of the people of the United States should have
made
even
of M.
§de Lesseps.
the semblance of
opposition to the scheme
inexplicable why, after
all the explanations which have been
offered, any one
should see in the Canal an
open defiance of the Monroe
doctrine. M. de Lesseps has done
nothing to encourage
the idea • that he wishes the
special protection of any
government. On the contrary, he has been careful to
runs more or less
parallel with the railroad and the tele¬ make it
appear at every step that the enterprise?
graph from Panama to Aspinwall. The headquarters is not French but International.
It was
are in
Panama, and there the daily reports as they arrive upon by an International Commission. The agreed!
experi¬
are
arranged and filed away with their corresponding ments now being made are under the control of an
Inter¬
drawings, to be ready for use in making a final report. Al¬ national Commission. When the line of
route shall
though for the present the entire energies of the surveying have been decided
upon, and the probable cost esti¬
parties are directed to the route just referred to, other mated, an
opportunity will be given to the whole
routes are not lost sight of, and if it is found
necessary or world to subscribe to the fund. When the company is
deemed desirable, when this first is
surveyed, to examine organized, it will be managed like any other stock
any of the other adjoining routes which have been
pro¬ company. When the canal is completed, it will be
posed the work will be commenced without delay. In a open to the commerce of
all nations, and on equal
letter which has been made
public, General Wright, one terms. If the people of the United States wish
of the American representatives on the
ground, says: to control it, the course is clear for. them.
They
“Everything is being done in the most thorough man¬ have but to subscribe for the
majority of the
ner, even to a most careful examination of the material stock.
The language of General
Wright is hardly
to be excavated.”
The distance between Panama and too
strong when he says: “The talk in the United
Aspinwall, as the crow flies, is about thirty miles. It is States about the
application of the Monroe doctrine to
about forty-seven by rail.
Along this longer route there an individual enterprise of this kind, is simply nonsense.
are six
working parties, equipped with the best instru¬ It deserves and it receives the ridicule of the world.”
ments, and supplied with all necessary help.
Each We are all agreed that a canal which will unite on some
party is furnished with a drilling machine, in charge of convenient line the waters of the
Atlantic and the
an
expert; and the results of the drilling are carefully
Pacific, would be a great convenience to ourselves, as
noted by a competent
engineer. “I assure you,” adds well as a great gain to the commerce of the world.
It
seems
130
There
are
route.
If
differences of
we
cannot
opinion
the best available
as to
make up our minds as to a route,
ought not to complain if others have made
we
*
IHE CHRONICLE.
minds and commenced
up
their
the
great work without asking
help from us. We are not hindered from building another
canal if we think fit. If we choose, we can share in all
tbe
risks and all the benefits of the present
enterprise. If we
don’t choose to undertake the work, either alone or with
others, we shall, nevertheless, be more benefited when it
is completed than any other nation or
people. We wish
M. de Lesseps, therefore, success, and we shall be
sorry,
indeed, if the government of the United States, yielding
to the influence of the
opposition, shall be induced to
take any steps which shall have the effect of
discouraging
the great French engineer in this his latest and
greatest
[VOL. XXX.
having “long ceased to take any part in Irish affairs;”
having “ now added to their ignorance the blunder of
supporting the operations of the Mansion House commit¬
tee,” &c. Apparently, he considers himself the only
champion of the Irish people, and the only channel
through which relief can properly flow to them—“ Codas
as
lin’s your friend, not Short.”
All this is as untimely as it
Parnell does not shrink from
for Irish
is unfortunate. To say, as Mr.
saying, that England does not
distress, is simply preposterous—it is at once
human nature and an imputation of the grossest
political folly upon a people who know better than to be
guilty of it. Indeed, it is impossible to see what excuse
there can be for Mr. Parnell’s visit as
all, except in the
character of agitator, which he is not able to
conceal, even
if willing to do so, and with which he is
undertaking.
nevertheless not
honest enough to be content.
Famine
is
its own ambas¬
IRISH DISTRESS AND POLITICAL AGITATION.
That there is widely spread distress in Ireland admits of sador, the simple statement of its existence and extent being
quite eloquent enough ; and the cable and mail are enough
no doubt.
That there is pressing need of
prompt assistance to stir a
spontaneous movement here without Mr. Parnell
is equally clear, and it is both
proper and natural that aid or
any other emissary.
As it is, he is more likely to
should be sent from this
country. Human suffering and reduce than to increase
contributions in this country; and
sympathy recognize no distinctions of race or nationality;
if he is really actuated more
by a desire to help his coun¬
this country has sent aid to Ireland
before, and will do so
now.
Yet, in his assumed capacity of envoy, Mr. Parnell trymen than by a determination to have everything done
in his own way
and to further ambitions and revolutionary
should not be surprised to find his influence
diminishing schemes, his best
step is to abandon his ill-timed mission at
and himself
becoming regarded as a fanatic, if not some¬ once and
go home.
thing worse.
In the address delivered
by him in the House of Repre.
FINANCIAL REVIEW OF JANUARY.
sentatives at Washington, a few
The
month of January showed a large and
evenings ago—the scene
steady business at
on that" occasion
being figured by a coarse but effective the Stock Exchange, with a tone of feeling w^ch evinced great
satirical journal as an
incendiary standing on a desk and confidence in future values. There was no grand movement in
brandishing a lurid torch, while his few auditors are in pre¬ speculative stocks such as had marked the most active months
of 1879, and it was but a self-evident truth that the
year
cipitous flight with hands on their ears—Mr. Parnell boldly
opened with the prices of securities on such a level that there
solicited the help of public opinion here towards the settle¬
was no
opportunity for a further advance at all proportionate
ment of the land question in Ireland.
How public opinion to that which took place in the previous year.
here can exert any effective influence to such
The important operations of the month on a
end, and,
large scale were
especially, how Mr. Parnell’s collections in this country are the sale by the N. Y. Central & Hudson Syndicate of 200,000
shares of their stock; the purchase
to aid it, are not
by a syndicate of 100,000
apparent, while it is apparent that we shares
of Central Pacific stock and the sale of 50,000 shares ©f
it
have nothing whatever to do with the matter.
Still, inas¬ at the Stock
much
have the maximum of free
speech here and
the Denis Kearneys of the time are allowed to roar
even
as we
and down
care
a
libel upon
Exchange
upANashville
unchecked, there would be
no
consistent
tion to Mr. Parnell’s crusade
objec¬
provided he were consistent
avowedly as an agitator, seeking
the purchase by the Louisville & Nash¬
controlling interest in the stock of the
Chattanooga & St. Louis; and the consolidation of
ville Railroad of
;
a
Union Pacific with Kansas Pacific and Denver Pacific.
Merchandise also was less buoyant on speculative
transactions,
and the complaint was frequently heard that
prices were above
point
at which free sales could be made. In breadstuffs, par¬
to buy arms, or to effect enlistments of
men, or to collect ticularly, the blockade in grain at
Chicago was a notable fea¬
money for raids or for other political movements, as others ture, as the elevators and warehouses were so full that further
have done before him, he might say
his say and get what receipts by rail were greatly impeded.
With January, the new interest law in New York State went
hearing he could; but he is here openly in a dual character,
into
effect, and the legal rate was reduced from 7 to 6 per cent.
as missionary and
agitator, and the latter
with himself.
If he
came
a
appears the more
The total transactions at the Stock
Exchange, compared with
prominent. He has already made many statements of fact,
previous months, were as follows:
which have been disproved against him, in
regard to the
October.
November.
December.
January.
action of the Queen during a past famine; he has attacked
the Dublin Mansion House Relief Committee
to act
more
as
being unfit
distributors, and his diatribes have been
marked by bitterness and indiscretion.
as
more
and
U.8. Govemm’t bonds
State bonds .!
Railroad bonds
Bank stocks...shares
Railroad, &c.,
“
$8,483,850
1,951,450
60,982,140
2,181
11,252,604
$6,275,100 $9,387,700 $8,056,700
906,000
54,822,940
999
10,535,975
633,200
2,940,700
42,643,055 174,238,400
719
3,836
7,052,548
8,396,135
This is most unfortunate in several
ways.
BANK MOVEMENTS AND THE MONEY MARKET.
Mr. Parnell’s
The city banks at the
beginning of the year had a very small
suffering countrymen have in him an injudicious friend ;
over
surplus
their
reserve
of 25 per cent of deposits,
legal
for his ill-timed mission, mixed as it is with
appeals for only $783,825. This was increased to $6,039,855 on the being
17th,
the famishing, is likely to suspend or diminish the aid
but fell off again to $3,979,825 on the 31st.
Money was fairly
that would otherwise have gone
freely, because it natu¬ abundant, after the temporary stringency of the first ten days,
rally engenders suspicion that revolutionary schemes are and rates generally ranged at 4@6 per cent, according to the
at
the bottom of his visit.
and
And it is most
unseemly, yes
aid to charge
contemptible, for such a solicitor of
upon others—against whose honesty he would not dare to
offer a hint—improper motives in their
work, and discrim¬
ination in distributing its
proceeds ; yet Mr. Parnell does
not hesitate to denounce the
gentlemen constituting the
relief committee in this city as “ styling
themselves ” such;
1
collateral.
NEW YORK CITY BANK
New York City
Bank Statements.
Jan. 3.
Jan. 10.
MOVEMENTS.
Jan. 17.
Jan. 24.
Jan. 31.
Loans and disc’ts. $276,706,200 $276,116,100 $276,990,900 $280,068,600
$283,194,500
■—
Specie
48.282.100
51,473,500
53,558.600
51,832,200
50,312,800
Circulation
23.748.600
23,812,000
21.635,900
21,662,900
21.529,900
Net deposits
242.0S7.100 2*16,995.600 253.731,900 257,483,700 259,675,900
Legal tenders
14,097,800
12,723,500
15,914,200
17,143,500
18,586,000
Surplus reserve..
Range of call lo’ns
5
Rate of prime pap.
5^356^
*
483,825
3,822,400
@7*
Also 1-04 to 1-10 commission per
4S6+
5@B
day.
'6,039,825
;
3@6
5(3>6
4,604,775
4<§>6
5&514
t Also l-t'2 per day.
-
3,979,825
3@0
February 7,
The
following
1S80.J
THE CHRONICLE.
summary shows the condition of the New York
Clearing House banks, the premium on gold, rate of foreign
exchange, and prices of leading securities and articles of mer¬
chandise,. on or about the first of February in each
year,
1878 to 1880, inclusive:
from
STATISTICAL SUMMARY ON OR ABOUT
FEBRUARY 1, 1878 TO 1880.
New York City Banks—
Loans and discounts
1SS0.
1879.
1878.*
I
$ 283,194,500! 239,241,400 241,275,500
*
50,312,800
18,633,300
31,230,000
&
21,529,900 19,486,600 19,761,300
259,075,900 219,219,200
$ 18,586,000 54,048,800 210,301,700
37,362,200
(over 25 p.c.)$
3,979,825
17,877,300 16,016,775
Specie
Circulation
Net
deposits
Legal tenders
Surplus reserve
Money, Gold, Exchange—
41508639732
Call loans
Prime paper
Gold
Silver in London, per oz
Prime sterling bills, 60
days..
United States Bonds—
6s, 1881,
3 ©6‘
5 w 5%
3 00
52*i fid.
83%
4 83®4
coupon
4
5 ©6%
102
54d.
4 84%-4 85% 4 8'2®i
82%
305
6s, currency, 1S98
5s, 1881, coupon
4%s, 1891, coupon
4s of 1907, coupon
Jlailroad Stocks—
2®3
3® 4
100
50<1.
•-
10630
120*4
123
103
106*4
118%
104%
103%
101*4
3O470
107%
10478
106%
100
RANGE OF STOCKS IN DECEMBER
AND JANUARY.
Railroads.
Albany & Susq’hanna
December.
Nov. 29.
Bos. & N. Y. Air-L. pf
Burl. Ce<l. Rap. & JIo.
Canada Southern....
Cedar Falls & Minn
50
*59
11
54
60
74
11
55%
04%
76
54
75%
71
8530
80%
19%
31%
15%
393a
19
30
29%
23
*99%
(lo
uref. *115
Chic. Burl. & Quincy.
*x!9%
Chic. Mil. & St. Paul.
73
do
pref.
119
Chic. & Northwest...
do
pref.
Chic. <fc Rock Island.
Chic. St.L.ifc N.Orl’ns
90%
303%
106
85%
92%
106%
150%
10050
103
89
104%
3 07%
149
153%
105%
77%
106%
81%
113%
20%
25%
60
25
25%
28%
35%
55
66
83 7e
83
60
33%
63%
147%
80%
103%
92%
48
53
60
61
75%
46
86%
107%
118
*47
tso
24
24
33
109%
48%
18
.
7530
100%
x90%
105%
*106%
20%
84%
21
30
*23
120
152
25
83
107
823s
34%
26%
t25%
104%
.
23%
99%
147
71
87
27
793s
.
83%
19
30
22
22%
20%
•
79%
81%
43
75
82 34
•
Harlem
Houst.
100%
t59%
27%
117
136
134%
76
97
102
147
t30%
*47%
Chic.St P.& Minneap.
Clev. Col. Gin. «& Ind.
Clev. & Pittsb., guar.
Col. Chic.
Ind.Ceut.
Del. Lack. & West’rn.
Dubuque & Sioux C..
Frankfort & Kokoruo
Hannibal & St. Jo
do
pref.
100
>120
134%
08%
99
60
74%
66%
22%
100
104
61%
14
Ches. & Ohio
do
1st pref.
do
2d pref.
25
20
9S
104
56
66%
*
High. Jau.31.
55
Central of N. Jersey.
Central Pacific
Chicago & Alton.....
January.
,
Low. High. Dec. 31. Low.
x99
103% *100
100
.
-
I
131
79%
90%
149%
t43
49%
78%
113%
88
60
33%
64
158
51
23
86%
*60%
42
41
72%
71%
157
160
*154
162
159
Tex. Cent..
44
46
50
50
78%
Illinois Central
78%
100%
96% 100
26%
993g
99% 105% 103%
Indiana Bl. <Sc West..
37
35
39
*27
72%
62
28
45%
41
o
Michigan Central
Tndianap. Cin. <fc Laf.
10%
10
88%
60 %
4
3%
8
4%
Kansas Pacific
Chicago Rock Island & Pacific
85
126%
92%
87
99%
108
Illinois Central
Keok. & Dcs Moines..
18
88 %
13%
17%
75%
20%
do
Chicago & Northwestern, com.
pref.
37
40%
60%
39 "
35%
41
Laf. Bloom. & Mud..
Chicago Milw. & St. Paul, com.
60
87
42%
3734
Delaware Lack.
Lake Erie <Sc West
Western
12 •>
16
8630
2430
51*4
20%
33
20%
50%
Central of New Jersey
j>ake Shore
31%
304%
82%
44
98% 105% xlOO
17
98% 104% 104%
Merchandise—
Louisville <fe Nashv..
87
84
89%
86%
86% 127
121%
Cotton, Middl’g Uplands.$ lb.
Louisv.N.Alb.& Chic.
13‘
47
50
t60
9%
55
69
Manhattan
Wool, American XX
GO
44 ©53
50
$ 5>.
63
28®35
3 4 © 10
54%
49%
56
Ki"
Mar’tta & Cin. 1st pf.
Iron, Amer. pig, No. l..$ ton.
9
©40 00 1G 50® 48 00 18 00© 19
11%
I27s
9%
10%
18
00
16%
Wheat, No. 2 spring..
do
2d
12
1
32© 1 35
pf.
8
99® 101
7%
1 25 ©1 29
busli.J
7%
8
12%
12
Coni, Western mixed. .$ bush.
Mctronolitan Elev... 127 xll5% 127
60® 63
44®48
115
xl20%
46©0L
121
116
Pork, mess
94
$ bbl. • 12 50® 12 70 10 25 ©10 50 11 50@ll 75 Michigan Central
x88%
96%
x89%
88%
92
92%
Mo. Kalis. & Texas
30
27%
3350
32
32%
49%
47%
Mobile & Ohio
INVESTMENT SECURITIES.
223a
19
23%
21
20%
27%
23%
Morris & Essex
103
xlOO
The demand for all classes of investment
104% xl02
101% 105
103
securities was large, Nash v. Chatt. Sc St. L.
75
68
81%
81
76
95%
N. Y. Cent. & Hud.
54%
and government bonds were
132% xl27
133% xl29
129
135
strong, except so far as iniiuenced New York ElevatedR. 128%
130%
xl20
131
xl25
120%
127% 1235s
by the reports from
of the prospect that a further N. Y. Lake Erie & W.
403s
37
44
41 %
42%
48
48
do
1
pref.
issue of 4 per cent might be made
69% : 65%
72
67%
73%
for
N. Y. N. II. & IlartfTd 158
72%
154% 160
152 *
155
159
*157
bonds. All classes of railroad bonds were
Northern Pacific
29
31%
34%
32
32%
36
very strong in prices,
do
33%
pref53
563s
59%
and in many issues there was a marked
55%
56%
60
57%
advance. Investment Ohio & Mississippi
28%
30 %
25%
28%
2878
32%
31%
do
stocks of the
pref. >5733
54
59
57%
08
class were also conspicuous for Panama
67%
160
160
*167
163
184
their advance to high figures.
184
Phila. & Reading
66
68%
7178
71%
67%
72%
Pittsb. Ft. W. &C.guar. 312%
69%
CLOSING PRICES OP GOVERNMENT
111%
113%
112
112
SECURITIES IN JANUARY, 1880.
117
fll6
RensserrAc Saratoga. 113
112% 114
111
120
Rome Wat.& Ogdens.
-24
24
24
6s,
t25
20
5s, 4%S,
4s,
6s
34
St. L. Alton & T. H
6s,
5s,
4%s,
4
s,
16
18%
68,
1881, 1881. 1801, 1907, Cur.,
19%
17
P
31
do
1881, 1881 1891, 1907, Cur.
24%
*40
a
pref.
40
45
coup. coup. coup. coup. 1898.
42%
70% '03
St.L.I.Mt. & So.jissd.
-5
coup coup coup. coup. 1898.
46%
41%
49%
49
49%
57%
56
St. L. & S. Francisco,
45
1..
30
49
Held ay.
41
40
45%
19.. 104%
do
45%
107%
pref.
2.. x04% 10330 10G38 s03
49%
57
38%
49%
49%
20.. lOiSg
58%
58
do
1st pref
3..
1045&
5930
75%
10330
79
10316
68%
21
St.Paul & Sioux City,
76%
104^8
1043«
4..
38%
35
39%
*8.
36 %
3G78
43
22
37
do
I037e
70
104%
pref..
69
76
10330 106% 103
7470
74%
23.. 104%
80%
Union Pacific
76%
10758
10430
88
81%
87
1033e
x85%
84%
24.. 1015*.
97%
93
Wab. St. L. & Pacific,
L04%
7.. 104% 10330
44%
37%
45%
42%
42%
48
IO314
25..
46%
do
"8.
70
8.. 101% 10330 106% 10310
pref.
59%
7030
65
64%
72%
71
26..
Warren
9.. 10430 L03% 107
100
10334
27..
100%
Telegraph.
1043s
10..
L07% 103%
28..
American District
11..
70
74
8.
71%
73%
29..
71%
104
Atlantic&Pacific....
46
12.. 10430 103% 1073s
104%
x397s
48% x43
39%
10114
43% *41%
30..
104
Western Union
104%
13.. 104%
107% x983@ 10950x10230
1073* 1013a
99%
105
104
31.. 1O470 104
14..
104%
r-4
Express.
107% 104%
Opeu x04% 10330 10630x103
15.. 104%
Adams
104%
105
104
High 10478 104 107% 104%
106% 105% 10G% 108
16..
*107%
American
104%
Low. 101% 1033s 1063s 103
59
57
61
55
57%
17.. 10450 103%
56
58%
United States
104^8
Clos.
104
50
x50%
46%
10478
107% 104%
18..
48%
46%
49%
48
8.
Wells, Fargo & Co.... 104
103
106
105
100
105
102%
Coal and Mining.
CLO8ING PRICES OP CONSOLS AND
New York Central ct Hud. Riv.
Erie (N. Y. L. E. & W.)
Lake Shore & Mich. Southern.
130%
48%
104%
92*8
149%
101%
90%
78%
'
116
10534
9%
.
:
...
..
.
Washington
funding outstanding
.
dividend-paying
-
Jan.
|
1
■
.
......
..
.
..
1::
,
>
;©o ■co
U. S.
■
Jan.
1
2
3
Cois’l money.
for
4%s
5s of
4s of
of
1881. 1891. 1907-
..Hoi
iday.
97Hig 10630 10978 ib'6%
971 %e 106% 110
10630
8.
5
6
7
8
9
10
11
12
13
14
97*16
979,6
971%*
97U1(i
106%
106%
106%
106%
97l3i(5 106%
97i3lf; 106%
8.
97i3lfc 10G7e
9713,0
SECURITIES
1*10%
1O670 111
107%
971310 10678 110% 107%
15
9713*0 x05% in 107%
16
9713*6 105% 111 107%
17
9713*6 105% 110% 107%
18.......
8.
19
9715*6 105% iii 107%
^0
^
0
5s of
48 of
of
1881. 1891. 1907.
&
Jan.
20
21
22
4%s
9715*0 105 % 11078 10778
98%6 105% 111
107%
987ie 1055a 11078 107%
985e
98%
110% ib'6%
110% 10630!
110% 10630.
110*4 1063b!
110% 106%
110% 10634
107
AT LONDON IN JAN.
105% 111
105% 111
8.
98%
98%
98%
93«16
93*16
9s&i<j
Opening... 9711*6
Highest..
.
Lowest
Closing
Since Jan. 1
Highest
98%
97»i6
985ie
98%
Lowest.... 97*! 6
...
105% 11O70
105% 110%
105% 111
105% 111
105% 111
105% 111
10630 1097s
10678 111
x05% 10978
x05% 111
106 7e 111
107 %
107%
33
19
Mining...
Excelsior Mining....
Homestake Mining
*26%
40
..
La Plata Mining
Leadville Mining
Little Pittflb’g Min..
4%
New Central Coal.
26
34%
24
27
36 %
Various.
Boston Land Co
Boston WaterPower.
Canton
Cent. N.J. Ld. Iin. Co.
ii%
106%
107%
107 7q
do
pref.
Del. <fc Hudson Canal
Oreg. R’v. &Nav. Co.
large business, but with¬
activity. Prices were very
agreements,
January.
Pacific Mail
Pullman Palace Car..
Sutro Tunnel Co
*
Prices bid.
m
m
m
,
31%
•
65
62%
75
113
29%
4%
5%
*24
3%
......
*26
4%
11%
3
32%
32
20
21 %
139
35
t5%
5
3%
x28%
25
'
34
1»5% t!95
26
24%
28%
200
3
6
21%
3%
36
70
‘*4%
*12%
3%
*30
25%
*21%
25%
*23
•37
38
6%
4%
30%
27
34%
210
3
4%
27%
*25
30%
1200
3
33
20
62
27%
40% x.'
23% *19%
65%
162%
30%
39%
24%
68%
28%
34
32%
10
10
58
11
9%
12
11%
60
v
5%
x28%
106%
m
26%
40%
107 7e
37
..
33
21%
4%
32%
530
23%
3%
39
30
conspicuous in their stock exchange operations.
The following table will show
the lowest, highest, and clos¬
ing prices of railway and miscellaneous stocks at the New
York
Stock Exchange during the months of
December and
Dead wood
*33%
..
Standard Cons. Miu’g
105% 10978 106%
joint-working
124
4%
2030
3%
Pennsylvania Coal...
m'
185
Mariposa Land & M.
*4
Ontario Silver Min’g. rx39% x39%
Quicksilver Mining.. *31%
19%
strong, upon the whole, and there was much confidence in
the
future, but the great railroad magnates were much
occupied in
perfecting their consolidations and
not
Cumberland C. & I
*4%
107%
107%
107%
107%
107 7s
107%
The stock market showed a
pretty
out any
extraordinary speculative
were
*10
Maryland Coal
RAILROAD AND MISCELLANEOUS
STOCKS.
and
Caribou Consol. Min..
Cent. Arizona Min...
Climax Mining^
Consolidation Coal...
72
97
28 7s
102
3%
11%
63%
79%
110
37%
107
4%
28
112%
1130
t60
11
r>9
74
100
37
74
102
37%
107
4
36%
107%
330
*38%
20%
65
16%
15
63
42
62%
78%
75%
115% xll2
43%
38%
126
4%
125
3%
t Prices asked.
\ Ranee here given for December embraces two
days only; first sale at
was made on December 30.
the New York Board
EXCHANGE.
c
Foreign exchange
quiet and steady, and the prices of
by the smaller supply of
high prices of cotton and
grain which checked shipments.
'*
was
commercial bills were
strengthened
bills made, in consequence of the
132
THE
BANKERS’ STERLING EXCHANGE FOR JANUARY,
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
60
...
...
...
...
...
...
...
...
...
...
...
21
22
23
24
25
26
27
28
29
30
4*803i®4’811e 4-83*2® 4*84i2
4,8034@4'8112
4*8114'2>4,82
4-811e®4-82
4-81^®4-82^
4-813i® 4-82i2
4-83i2®4-84i2
4-8334@4-84i2
4-83^®4-84i2
4"84
4*84
®4*85
'2)4-35
S..
4-82i4®4-83
4*83 -2)4-8312
4-82i2®4-83
4-82 ®4-82i2
4-82 ®4-82i2
4-82 ®4-82i2
4*8412 2)4-8512
4-85*22>4-86
4-85
2)4*85*2
4-84i2®4-85
4*8412®4-85
4*8412®4-85
|
;
31
60
s..
...
...
...
When
of Issue.'
izing Act.
Payable.
6s of 1880.. Feb.
6s,Or. War.. Mar.
6s of 1881.. July
6s of 1881.. Mar.
5s of 1881.. July
8,’61
2,’61
17,’61
3,’63
14,’70
412s of 1891 Julj 14,’70
4s <?f 1907.. July 14,’70
...
4-84ii®4-85
S..
...
4-81i4®4-82
...
4-83 ® 4*8312
4-83 ’ ®4-83i2
4-83i4@4-84
4*84 ®4,8412
4-8412-2)4-85
4-85 ® 4*85i2
4*85 '2)4*8512
4*85 ®4*8512
TH 00 o rt* ©
4-83i±®4-86f
4-82 v®4-82*2
...
4-82i2@4-83
4-83 ®4-83i2
...
...
...
...
Range
00 CO
JANUARY, 18S0.
DEBT.
Amount
Inter st Periods.
Outstanding.
Registered.
129.956.750
54,282,400
288.823.750
168,391,000
507,687,400
Q.-J.
814,300
50,561,000
16,316,100
217,671,600
81,609,000
231,088,750
$2,06 9,800
14,00 0,000
Aggregate of interest-bearing debt.
$1,781,086,850
On tlie above issues of bonds there is a total of $3,323,031 of interest
over-due and not yet called for. The total current accrued interest to
date is $12,062,406.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
There is a total of over-due debt yet outstanding, which lias never
been presented for payment, of $12,002,445 principal and
$934,083
interest. Of this interest, $800,643 is on the principal of called
bonds,
which principal is as follows: 5-20s of 1862, $399,150: do
1864,
$69,050;
do 1865, $123,050; do 1865, new, $717,150; do 1867,
^3,603,550; do 1868, $1,331,600; 10-40s of 1864, $5,055,750; 3’s certs.,
$5 000
DEBT BEARING NO INTEREST.
Character of Issue.
Old demand notes
*72
Mar.’3,‘’63;
Fractional currency.. July 17,’62 :
Gold certificates
March 3, ’63
■Silver certificates.
February 28, ’78
June 30/64
$61,340
346,681,016
12,635,000
15,668,729
10,411,100
9,052,910
Six months ended December 31, 1878
Twelve months ended December 31, 1879
Twelve months ended December 31,1878
The excess of imports
bullion was as follows :
7,597
For the
month of
December.
Imports
Excess of exports over imports
F,\eess of imports over exports
506,495,350
250,000,000
738,776,150
2,069,800
1878.—Exports—Domestic
Foreign
$1,781,686,850
$15,385,437
12,002,445
934,083
346,742,356
12,635,000
15,668,729
19,464,010
$16,327,118
$2,204,526,509
203,742,268
$2,000,784,240
2,011,798,504
$11,014,263
26,423,015
Current Liabilities
Interest due and unpaid
Debt on which interest has ceased
Interest thereon
Gold and silver certificates
U. S. notes held for redemption of certificates of
deposit.
Gash balance available February 1, 1880
Total
•
Available Assets—
Cash in the Treasury.
$3,323,103
12,002,445
934,093
19,464,010
12,635,000
155,383,698
$203,742,268
$203,742,268
PACIFIC RAILWAY COMPANIES.
interest payable by the united states.
..
Total
Amount
Interest paid
outstanding.
by U. S.
$25,885,120 $18,016,680
6,303,000
1,090,035
13,805,252
$67,481,382 $737,092,073
v.
Imports
31,516,331 431,812,483
$35,965,051 $305,279,590
Excess of exports over imports
Excess of imports over exports.
GOLD AND SILVER
(COIN AND BULLION).
1879.—Exports—Domestic
Foreign
$1,660,672
'
Total
.....*.
....
Imports
exports over imports
Excess of imports over exports
$18,670,298
'521,717
7,146,700
$2,182,389
$25,816,998
93,189,390
8,056,143
$
$
67,372,392
5,873,754
1878.—Exports—Domestic
Foreign
$942,094 $19,561,390
Total
Imports
520,452
7,303,810
$1,462,546
$26,865,200
28,867,743
1,714,883
Excess of exports over imports
Excess of imports over exports
$
2,002,543
$252,337
4,805,703
27,236,512
19,238,182
1,600,000
1,970,560
1,628,320
1,213,808
1,254,431
1,122,350
$64,623,512
$45,651,155
$81,402,655 !$773,331,293
l,604,165j 17,616,198
1879.—Exports—Domestic
'
*83.006.820!ft>790.947.491
'
Imports
Excess of exports over imports
Excess of imports over exports
606^969^406
$15,166,980 $183,978,085
67,839,840
,
1878.—Exports—Domestic
Foreign
$67,333,441 $742,848,211
Total
$68,943,928 $763,957,273
1,610,487
33,231,214
Excess of exports over imports
Excess of imports over exports
21,109,062
460,680,226
$35,712,714 $303,277,047
The following is a statement showing, by customs districts,
the values of merchandise imported into and exported from the
United States during the month of December, 1879:
Imports.
Domestic
Exports.
Foreign
Exports.
7,597
Decrease of debt during the past month.
Decrease of debt since June 30, 1879.
..
$66,391,347 $723,286,821
:
Customs Districts.
$394,510,095
Debt, less cash in Treasury, Feb. 1, 1890.
Debt, less cash in Treasury, Feb. 1, 1880.
Central Pacific
Kansas Pacific
Union Pacific
Central Br., U. P.
Western Pacific..
Sioux City & Pac.
$21,040,734 $251,350,477
Imports
14,000,000
Total
$2,188,199,391
Total debt, principal and interest, to date, including
interest due not presented for payment
Total cash in Treasury.
Issue.
12
..
Total
Interest.
$270,345,550
Refunding certificates.
Navy pension fund
Character of
the
months end¬
ed Dec. 31.
1,082,448
10.469,498
$80,824,431 $765,130,493
59,783,697 513,780,016
Total
Total
For
$79,741,983 $754,660,995
1879.—Exports—Domestic
Foreign
Foreign
Interest-bearing debt—
BONDS ISSUED TO THE
252,337
75,015,997
2,942,164
67,372,392
2.002,543
MERCHANDISE.
Amount
Total debt bearing no interest...
Unclaimed Pacific Railroad interest
$5,873,754
The total values of imports and of domestic and foreign
exports for the month of December, 1879, and for the twelve
months ended December 31, 1879, are presented in the follow¬
ing tables, all in specie values :
$394,510,095
Outstanding.
Total interest-bearing debt
Debton which int.has ceas'd since mafrity
Debt bearing no interest—
Old demand and legal-tender notes
Certificates of deposit
Fractional currency
Gold and silver certificates
and exports of gold and silver coin and
Month ended December 31,1879, excess of imports.
Month ended December 31,1878, excess of imports.:
Six months ended December 31, 1879, excess of imports....
Six months ended December 31,1878, excess of imports....
Twelve months ended December 31, 1879, excess of imports
Twelve months ended December31,1878, excess of imports
RECAPITULATION.
Bonds at 6 per cent...
at 5 per cent...
Bonds at 4*2 per cent.
Bonds at 4 per cent...
35,965,051
136,313,866
149,625,055
251,350,477
305,279,590
TOTAL MERCHANDISE AND COIN AND BULLION.
Aggregate of debt bearing no interest.
Unclaimed Pacific Railroad interest.
Bonds
$21,040,734
Amount.
July 17, ’61; Feb. 12, ’62
Feb. 25, ’62; July 11, ’62; Mar. 3,’63
3
was as follows :
Month ended December 31,1879...
Month ended December 31,1878
Six months ended December 31,1879...
Excess of
Authorizing Act.
Xegal-tender notes
Certificates of deposit June
specie values,
$3,570,000
$1,163,986,300 $601,630,750
*
Below is given the sixth monthly statement for the current
fiscal year of the imports and exports of the United States :
The excess of exports over imports of merchandise, stated in
Coupon.
$14,845,000
May 1, ’81 Q.-F.
Sept. 1, ’91 Q.-M
4a, ref. ctfs. Feb. 26,’79
3s,navyp.fd July 23,’68
DECEMBER, 1879*
[Prepared by the Bureau of Statistics.]
[Corrected to January 27,1880.]
Dec. 31, ’80 J.&J.
July 1,’81 J.&J.
June 30, ’81 J.&J.
June 30, ’31 J.&J.
1907
4-84i2®4-85
4-84i2 2)4-85
4*8412®4*85
4-84i2®4-85
4-8 4 *2-2)4-85
4-8214 2/4-83
4-82i4®4-83
...
INTEREST-BEARING
Author¬
IMPORTS AND EXPORTS FOR
Demand.
4*8214/2>4*63
4-82*4@4-S3
4-82i4®4-83
4-82i4®4-83
...
THE DEBT STATEMENT FOR
Character
days.
...
20
S..
...
...
18
19
4-83i2®4-84i2
4*80^ 2)4-81 ^ 4-83i2®4-84i2
...
..:
Jan.
Holi day
...
...
Demand.
days.
1880.
fVoL. XXX.
Interest
Balance of
interest paid
repaid by
tran sport aVn
by U. S.
$3,590,636 $14,426,043
2,370,109
7,418,853
73,142
>
9,367
93,983
2,435,593
11,789,329
1,140,665
1,245,064
1,028,366
$13,586,094 $32,065,061
Baltimore, Md
Boston, &c., Mass
Brazos, &c., Texas
Buffalo Creek, N. Y
Cape Vincent. N. Y
Champlain, N. Y
Charleston, S. C
Key West. Fla
Minnesota, Minn
Mobile. Ala
New Haven, Conn
New Orleans, La
New York, N. Y
Niagara, N. Y
Norfolk, &e., Va
Oregon, Oreg
Oswegatchie, N. Y
Oswego, N. Yr
Passamaquoddy, Me
Philadelphia, Pa
Portland, &c., Me
Richmond, Va..
Salem, &c., Mass
San Francisco, Cal
Savannah, Ga
:
Vermont, Vt
Willamette, Oregon
Wilmington, N, C
All other districts
Total
$5,316,907
$4,388
6,610,241
98,358
4,921,604
84,296
37,049
4,923
96,09£
3,333,450
35,595
52,758
120,004
365,001
Chicago, Ills
Corpus Christi,Texas—
Detroit, Mich
Galveston, Texas
Huron, Mich
$2,093,258
*
30,090
144,393
28,804
73,490
24,623
136,829
131,171
210,647
67,317
23,579
104,646
106,165
1,508,688
39,900,018
292,815
75,995
1,952,737
431,665
63,104
'
38,526
720,868
114
4,624
11,171
2,394
4,486,413
8,547
403,790
18,346
4,099
153,854
64,497
2,595
12,530,223
32,743,197
134,143
259,734
83,959
66,649
47,641
1,301
31,563
2,070,620
134,805
80,753
264
589,293
11,659
2,119,218
57,520
■
Jan.
CHRONICLE.
115
8,666
20,489
259
3,785,934
329,898
286,595
74,105
3,252,094
5,161,520
78,199
780,615
518,943
925,169
1,263
19,049
99
2,030
$59,783,697($79,741,983 $1,082,448
February 7,
THE CHRONICLE.
1880.]
UNITED STATES TREASURY STATEMENT.
following statement, from the office of the Treasurer, for
February 2, was issued this week. It is based upon th^actual
returns from Assistant Treasurers, depositaries and supenntendents of mints and assay offices:
1
investing public had greater confidence in the future of Europe,,
but the magnitude of the standing armies is a cause for
anxietyand leads many to apprehend that the distrust between
nations is so great that war is by-no means improb¬
Tlie
LIABILITIES, FEBRUARY 2.
able.
Fund lor redemption of certificates of deposit, June 8,
1872
$12,900,000 00
2,773,144 41
Disbursing officers’ balances
19,634,888 33
Fund for redemption of notes of national banks “ failed,”
“
in
liquidation,” and “ reducing circulation”
16,389,015 25
Undistributed assets of failed national banks
Five per cent fund for redemption of national bauk
notes
Fund for redemption of national bank gold notes
.
Currency and minor-coin redemption account
Fractional silver-coin redemption account
Interest account
Interest account, Pacific Railroads and L. & P. Canal
Co
Treasurer U. 8., a^ent for paying interest on D. C. bonds.
Treasurer’s transfer checks outstanding
:
Treasurer’s general accountinterest due and unpaid
$9,654,223 49
Called bonds and interest
12,104,943 69
Old debt
831,585 07
Gold certificates
10,411,100 00
Silver certificates
9,052,910 00
Refunding certificates
Balance, including bullion fund
635,307 17
15,611,620 51
234,220 00
3,960 02
85,364 25
198,505 36
22,980 00
491,150 97*
3,279,726 31
•
2,069,800 00
149,410,632 48
193,535,394 73
[$265,795,277 31
ASSETS, FEBRUARY 2.
Gold coin and bullion
Standard silver dollars
Fractional silver coin
$153,690,026 43
34,961,611 00
20,204,809 83
4,888,035 97
Silver bullion
Gold certificates
Silver certificates
United States notes
National bank notes
National bank gold notes
Fractional currency
»
61,100 00
00
45
5,063,456
24,299,562
6.671,216
214,750
85,358
10,830,840
1,341,762
2,13.1,000
Deposits held by national bank depositories
Nickel and minor coin
New York and San Francisco
exchange
One and two-year notes, &c
Redeemed certificates of deposit, June 8, 1872..
Quarterly interest checks and coin coupons paid
48
00
.
U.S. bonds and interest
Interest on District of Columbia bonds.
the
42
10
00
215,000 00
401,999 12
25,061 75
Pacific Railroad interest paid
$265,795,277
On-
Paris
Paris
Antwerp....
Amsterdam.
Amsterdam.
Berlin
Hamburg
Short.
3
mos.
a
a
...
Frankfort...
Vienna
ii
St.Petersb’rg
ii
a
Genoa
Madrid
a
Cadiz
ii
ii
®25*20
®25-40
22
Short.
25-18
25-4212®25-4712 Jan.
Jan.
12-2L} ® 12*3
12-0*2 ®12*lLj
22
22
Short.
Short.
25201a
20-49
20-49
20-49
11-90
Jan.
22
Short.
20-3412
Jan.
Jan.
2412®2458
28-67^ 5)28-7212 Jan.
22
3 mos.
21
22
ii
®20'53
® 20*53
®2053
® 11-95
11700
251.32
ii
28-lo
Is. 8led.
Is. 8 led.
•
1
our own
13*
This week’s bank return is very
J
satisfactory.
There is
a
decrease of £741,444 in “ other securities,” showing a falling off
in the demand for money, while the supply of bullion has been
augmented by £280,273, and the total reserve by £587,678.
repaid the bank rather more than one mil¬
lion sterling, on account of recent loans to pay the dividends on
the public funds, in consequence of which the Treasury balance
shows a decrease of £298,731. A large amount of imperial
taxation is now due, and it is expected that these payments
will, during the next two months, curtail the supply of money
in the market. The proportion of reserve to liabilities is now 45.1T
per cent, against 41.98 per cent last week.
The money market
must be regarded as very easy, at the following quotations :
Per cent.
3
Bank rate..
Open-market rates—
30 and 60 days’ bills
1 38®!^
Per cent.
Open-market rates—
4 months’ bank bills
1°8®1%
6 months’ bank bills
2 ®2H
4 & 6 months’ trade bills. 2ie'S>33|
13s®li2
The
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
23 60 days
23 3 mos.
23 6 mos.
ii
23
u
23
ii
23
.
4-8 ia4
96*8
Is. 8i2d.
Is. 8i2d.
3s. lO^d.
5s. 3i2d.
correspondent.!
London, Saturday, January 24.
The money market has relapsed into a state of extreme
ease,
and in the open market choice bills are taken at 1% to 1%
per
cent, while the bank rate remains at 3 per cent. There was a
partial belief that the bank rate would have been reduced to
2/£ or 2 per cent on Thursday ; but the directors of the bank
have made no change, and the money market is, therefore, in a
condition of some perplexity. The continental
exchanges con¬
tinue adverse to us, and there is some
inquiry for gold for
export to France, Germany, and Holland ; but it has not
assumed at present any considerable proportions.
As the
London money market is the cheapest in the world, it is natur¬
ally expected that our idle capital will find fresh methods of
employment, and that the absorption of foreign stocks, which
has lately been in progress, will continue. The demand for
foreign stocks has recently been very considerable, but it has
to a large extent been confined to
Egyptian, which are some¬
what outside the range of continental stocks. The demand for
continental securities would
Per cent*
2
1*2
\
following are the current rates of discount at the prin¬
cipal foreign centres:
Bauk
Open
rate.
market.
Pr. ct.
Pr. ct.
3
3
3
Paris
Amsterdam..
Antwerp
[From
understood thing to discount approved
Joint-stock banks
Discount houses at call
Do
with notice
3 months’ bills
5212® 5258
*.
....
•
1204
47t>i«@47 ‘i«
....
•
Rate.
Jan.
....
•
Time.
473i6®47oig
Lisbon
90 days
New York...
Alexandria..
Bombay.... 60 days
tt
Calcutta
Hong Kong..
Shanghai....
Latest
Date.
Rate.
Short. 25-15
3 mos. 25-35
ii
EXCHANGE ON LONDON.
22.
Time.
an
of the smaller firms in
Government has
EXCHANGE AT LONDON—
January
country, it is
some
injustice, though, obviously, it suits the banks extremely well.
by the joint-stock banks and dis¬
count houses for'deposits are as follows:
IPutijelartjf ©ummrrjcial guglish Hears
AT LATEST DATES.
Between bankers and
The rates of interest allowed
31
KATES OF EXCHANGE AT LONDON AND ON LONDON
as
an
5,674 07
690,848 30
12,510 00
...
to
seems
bills at bank rate, or more frequently, at one per cent over
bank rate. To such firms the present quotation of 3 per cent is
507 64
Deficits, unavailable funds
Speaker’s certificates
be no chance of disarmament, but,
Lord Derby remarked last week, if the costly
armaments of the continental nations render them
incapable of"
being great rivals in the manufacturing industries, they are, on
the other hand, bad customers, as too much is absorbed in
unproductive labor. Our own expenses are heavy, but the ser¬
vices are voluntary, and not compulsory, and, if each soldier or
sailor costs the country more than is the case abroad, yet it is
better for us to meet that additional burden, and leave those
who desire the occupations of peace to devote their energies to
the country’s welfare.
The joint-stock banks are still allowing 2 per cent for old
deposits, but fresh deposits are subject to negotiation, as it is
quite impossible to trade with profit when three months’ bills
are discounted at 1% to 1% per cent.
Some time ago, the dis¬
count houses reduced their quotations half per cent, and have
been allowing 1% and 1% per cent per annum. It was thought
that they would have made a further reduction, but only one
firm has done so, and this firm allows 1 per cent for money at
call, and 1% per cent, if with notice. The present position of
the money market is very perplexing, as the discount houses
are allowing more interest to the public than
they are making
in the discounting of choice bills. Of course, the rate of 1% to1^ per cent only applies to first-class paper, a considerable
amount of business being done throughout the country at
bank rate.
75
147 00
Registered and unclaimed interest paid
There
unfortunately,
ft
Post-office Department account
133
undoubtedly be much larger if the
Brussels
Berlin
256®278
3
312
4
4
4
4
4
Hamburg
Frankfort....
Annexed is
23i®3
3ie®33e
3
2%®3
278®3l8
3 ®3*4
4
Bank
rate.
Pr. ct.
Geneva
4
Vienna
4
Lisbon & Oporto
6
Madrid, Cadiz &
Barcelona
4
St. Petersburg..
6
Calcutta
3
Copenhagen
3i2®4
New York
....
Open
market.
Pr. ct.
3i2@4
33*®4
5ifl®6
4
®5
534®6i4
3i2®>4
5
®6
statement
showing the present position of the
Bank of England, the Bank rate of discount, the price of Con¬
sols, the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers’ Clearing-House
return, compared with the three previous years :
a
1880.
Circulation, including
&
v bank pc
post bills
27,393,583
Public deposits.......
4,119,540
Other deposits
30,854,581
Governm’t securities. 18.904,788
Other securities
18,306,240
Res’veof notes & coin 15,933,679
Coin and bullion in
28,027,969
Proportion of
&
33,516,864
3,972,478
32,599,418
17,092,974
26,371,438
11,466,447
1878.
&
27,433,640
3,705.653
26,110.478
17,652,509
17,809,437
1877.
&
27,970,784
4,101,623
27,365,718
17,317,876
17,762,841
12,616,999
14,591,076
29,709,887 24,714,734
27,250,026
reserve
to liabilities
Bank rate
Consols
Eng. wheat,
1879.
av.
price
Mid. Upland cotton
45-17
3 p. c.
4 p. c.
9814
961s
3110
45s. lid.
41-84
3 p. c.
95
52s. Id.
7d.
53gd.
634d.
Clearing-House ret'n. 144,198,000
92,476,000
90,814,000
..
45-882 p. c.
96*4
'518. lid.
6i3l«d.
91,069,000
-4 fair amount of business has been transacted in silver during.
134
1 HE
the week. Fine bars are now worth 52%d.; and Mexican
51 %d. per ounce. India Council bills have been
CHRONICLE.
dollars^ | Afghan war and another £2,500,000 for the frontier railways,
I
disposed of at
a
slight advance, viz., at Is. 8%d. the rupee.
The Treasury announces a further issue of
£1,476,000 in Ex¬
chequer bills to replace those about to be paid off. They are to
be tendered for on the 4th of February.
The stock markets have been firm
during the week, though
they closed with a somewhat quieter appearance. The proposed
increase in the German army and the
unsatisfactory political
news from the
leading continental capitals have had some in¬
fluence over the foreign markets, but British
railway companies
are
announcing unexpectedly favorable dividends, and the mar¬
ket is, therefore, very firm in tone. The North Eastern
Com¬
pany—a line which has suffered heavliy from the depression
of the iron and coal trades—has declared
of
6% per cent
been expected.
a
dividend at the rate
being % per cent higher than had
The improvement of late in the iron and coal
trades has evidently been of
great benefit to the company, and,
probably, the report will show that some old materials have
been disposed of at
satisfactory prices. American railroad
bonds have attracted considerable attention,
and those which
have of late years been much
neglected continue to advance in
price.
A German paper has
recently published some-interesting
statistics relating to the
budgets of European nations and their
military expenditure. In 1865, the German budget amounted
to £31,000,000; but now
£66,000,000 is barely sufficient
to
per annum,
meet the
national outlay.
The French Treasury now
requires annually £119,000,000, and the Russian
£107,000,000,
but in 1865 the Russian
budget
was
total for all Europe
has risen since
to £585,000,000.
only £51,000,000. The
from £398,000,000
1865
England and Holland
countries
which
have
are
the
only two
reduced
their debts.
The Russian
debt has increased since 1865 from
£208,000,000 to £600,000,000, and ths total debts of the States of
Europe have risen
since 1865 from
£2,626,000,000 to £4,324,000,000. ’ Out of a total
expenditure in Europe of £585,000,000, £160,000,000 is
required
for maintaining
while in
armies,
required for that
1865, out of £398,000,080, £117,000,000 was
purpose. Last year, Russia spent
£36,000,000; England, £32,000,000; France, £27,000,000, and
Germany, £21,000,000. These figures show that
Europe is
indeed wealthy, but that a
large portion of its resources is
recklessly squandered, and it cannot be said that England sets
an
example favorable to disarmament, as her
military and naval
expenditures are very heavy.
The
IV'OL. XX2L
following statement
has been published
showing the
extent of the Public Debt of Great
Britain on the 31st of March,
1879. The financial
of the Government
including that to Candahar, the Indian Treasury will be
better off by £350,000 than had been estimated. In
fact, the
revenue is better
by as much as £3,000,000 than had been
anticipated.
If the Afghan war should happily be brought
successful close this year, and should there be no more
famines, India will be likely to enjoy a period of consider¬
able prosperity, which cannot but be beneficial to this
country,
and especially to the cotton
industry.
At a meeting of the Statistical
Society on Tuesday evening,
Mr. G. Phillips Bevan read a
paper on “The strikes of the past
ten years.” It was stated that the total
strikes from 1870 to
1879, inclusive, amounted to 2,352. The years 1871-2 showed
the greatest number, viz., 343 and
365, being the periods when
there was an enormous inflation of
prices, and when the men
pressed home their demands not only for higher
wages, but
also for a diminution of
working hours. Last year, the number
of strikes was 325,
showing the reverse action in which the
masters, taking advantage of the low
wages and general
depression, endeavored to regain the additional hours. The
number of trades implicated in strikes
during the ten years was
111; of which the builders headed the list with 598
strikes, the
carpenters and joiners having been the most restless,
having
had 187 quarrels, the masons
next with 151. The
following
colliers followed for 339 strikes, and the textile
trades for 277.
In Scotland, the strikes had been
473; Yorkshire, 388; Lan¬
cashire, 149; Northumberland, 138; South Wales, 135;
Durham,
131. The ten highest towns were:
Glasgow, 85; Leeds, 73;
Sheffield, 66; Edinburgh and Leith, 65; Newcastle. 63; London,
56; Barnsley, 48; Dundee, 46, Merthyr, 45; and
Manchester, 44.
The time wasted in strikes
during the ten years was 9,027
weeks, or 51,162 working days. Some of the strikes lasted as
long as 57 weeks, and nearly 50 lasted over a time varying from
21 to 50 weeks.
This result has been arrived at
by taking the
duration of
to
a
those strikes which
week to all the others.
was
known and
giving
one
During the week ended January 17, the sales of home-grown
in the
principal markets of England and Wales
amounted to
wheat
32,871 quarters, against 52,141 quarters last
year;
and it is estimated that in the whole
kingdom they
were
131,500 quarters, against 208,600 quarters in 1878. Since harvest
the deliveries in the 150 principal
markets have been 631,883
quarters, against 1,132,823 quarters; while in the whole
king¬
dom it is computed that
they have amounted to 2,527,500
quarters, against 4,531,300 quarters in the
corresponding period
of last season.
Without reckoning the
supplies furnished
ex-granary at the commencement of the season, it is estimated
that the following quantities of wheat and flour
have been
placed upon the British markets since harvest:
1879-80.
1878-9.
20,438,936
Imports of wheat.cwt.28,409,443
Imports of flour
4,875,410
Sales of home-grown
produce
10,952,640
1877-8.
1876-7.
3,160,218
24,925.958
3,329,245
15,259,812
2,410,173
19,635,600
16,523.100
17,851,200
policy
is being vigorously
Total
44,237,499 43,234,754 44,773,303 35,521,185
attacked by the opposition, and
objections are being raised to Deduct exports of
the system of
wheat and floor
spreading the repayment of debt incurred for
432,144
830,720
831,172 *• 571,967
extraordinary purposes over a series of years. A Liberal Min¬
Result.,
43,805,355 42,404,034 43,897,131 34,949,218
Av’ge price of English
istry resorted to that course when the nation
thought that
wheat for the season.
47s. 9d.
40s. lOd.
53s. lid.43s. 4d.
fortifications were necessary to our
security, and the present
The following figures show the imports and
exports
cereal
of
Conservative Government think that the
heavy
expenditures
of produce into and from the United Kingdom since harvest, viz.,
the last few years can be
from the first of
similarly dealt with:
September to the close of last week, compared
with the corresponding periods
NATIONAL DEBT ON MARCH 31,
in the three previous seasons:
1879.
Stocks bearing interest at 3
per cent
Stock bearing interest at 2*2
per cent
Stock bearing interest at
3*2 per cent
Debt to Banks of
England and Ireland at 3 per cent
£691,381,867
4,177,111
'
13,645,869
Total funded debt
£709,430,593
37,664,369
Terminable annuities, capital value
Exchequer bills
Exchequer bonds
-
bill*
Deficit
on
Savings Banks
and
225,746
5,162,800
15,276,300
IMPORTS.
1879-80.
Wheat
Barley
Oats
Peas.....
Beans
Indian corn
Flour..
Friendly Societies
4,875,416
Wheat
DEDUCT.
£3,866,300
Net value of debt.
£735,848,495
1877-8.
24,925.958
6,131,730
4,959,434
851,373
1,699,774
11,235.308
5,800,042
5,166,138
»
791,423
553,405
12,296,941
3,160,218
3,329,245
1876-7.
15,259,812
5,901,076
4,508.023
654,584
1,772,830
14,594,123
2,410,173
EXPORTS.
4,583,433
£777,548,495
1878-9.
20,438,936
1,102,665
1,253,178
.....9,087,453
5,431 ,000
Total debt
Suez Canal shares
cwt.28,409,443
7,438,768
6,386,607
owt.
Barley
Oats
Peas
Beans
Indian
Flour
1879-80.
1878-9.
1877-8.
384,778
7,231
35,339
792,841
64,686
45,984
7,863
1876-7.
860,193
27,931
59,539
12,404
10,093
555,120
10,913
68.487
15,559
corn
371,977
47,366
3,475
129,049
37.879 '
46,645
20.974
64,185
11,200
15,325
222,876
16,847
Mr. Stanhope, the
English market Reports—Per Cable.
Under-Secretary of State for India, has
delivered an address to the electors of
The daily closing quotations in the markets of London
and
Hackney, in which he
spoke in a very satisfactory manner
the past week, as reported by cable, are shown in
Liverpool
for
respecting Indian finances. the
He said that when the
following summary:
proper time arrived, he would approach
London Money and Stock Market.—The bullion in the
the budget without
Bank
any apprehension whatever. He added of England has decreased £45,000
during the week.
that, as regards the current year, we shall be
Sat.
Mon.
Tues.
Wed.
able, he believed,
Thurs.
Fri.
to meet not
Jan.
Feb.
Feb.
Feb.
Feb.
Feb.
only the cost of our operations in Afghanistan, but
31.
2.
3.
4.
5.
6.
also the charge for the new
Silver, per oz
d. 52^13
frontier railways out of
52&,e
529is
52%6
52916
52%6
surplus
Consols for money
985ic
983! 6
revenues.
It was expected that the
985is
983j6
2§-16 98*i0
Indian revenues would Consols for account.... 985ie
98° i6
983l6
,
realize
nearly £2,500,000
more
than had been
addition to which there had been
a
anticipated, in
considerable reduction of
expenditures and a diminished loss from
exchange operations.
It is expected that, after
allowing an additional million for
the
i
U. 8. 5s of 1881
U. S. 412s of 1891
U. S. 4s of 1907
Erie, common stock
Illinois Central
983i«
1055a
10559
1IL
111
1057g
10579
111*4
107%
49%
108
111*8
108*8
108
108
107%
48%
107%
Pennsylvania
54*4
Philadelphia^ Reading. 3512
54*2
35*2
4979
54
35*2
50
108
54
35*2
985te
105%
111*6
103*6
4959
107*2
54
35
98*16
10578
111*6
10839
4939
107*2
54%
35*4
February 7,
1880,]
THE CHRONICLE.
Liverpool Cotton Market.—See special report
Liverpool Breadstuff's Market.—
Sat.
d.
Flour (ex. State) Mcent’l. 14 3
Mon.
8.
d.
14 3
10 7
8.
Wheat,spr’g,No.2,1001b.lO
Spring, No. 3...
Winter,West.,n.
Southern, new.
Av. Cal. white..
California club.
“
72
0
2
10
11
“
“
11
10
11
“
“
5s
0
6
Corn, mix.,W.old^cent’l 5
do
do
new.
“
5
5
Tues.
The
Thura.
14 3
10 6
10 2
10 1
11 0
10 11
11 2
11
1
11
1
10 5
10 4
10 4
11 0
10 10
10 10
5 6
5 5 Lj
5 5L}
5 4*2 5 4
5 4
14
10
10
10
11
10
10
5
5
for
Fri.
d.
8.
Mon.
d.
.
•
Short clear
“
37
Beef, pr. mess, $ tierce.82
Lard, prime West. $cwt.39
Cheese, Am. choice “ 73
2309876—Str.
6
0
6
0
Tues.
8.
d.
59 0
d.
0
0
6
0
6
0
s.
59
36
37
82
39
73
36
37
80
39
73
'■
3
14
10 6
10 1
11
10 11
1
11 1
4
10 4
10
10 9
5Lj 5 5
4
5 3*2
0
Mon.
Tues.
Pet'leum, ref. $ gal.57s® 6
d.
57S
d.
6
'a)
.
.
®
.
Thurs.
0
0
6
0
6
0
Fri.
d.
s.
d.
s.
59
36
37
80
39
0
0
59
36
37
80
39
73
6
0
6
0
73
0
0
6
0
0
0
.
.
.
'a)
Wed.
d.
.
. .
-
.
.
.
Thurs.
.
'S'
.
6
.
.
..
.
.
..
'a)
“
31...
2...
3...
4...
5...
6...
“
“
“
$
Gold.
$
6,192,762 31
1,482,655 67
Currency.
$
$
7,232,440 85
5.513,446 01 106,446,967 30
2,238,375 45 106,110,798 50
590,739 90
6,812,889
6,802,181
6,816,377
6,977,433
7,356,964
1,455,590 77 105.256.655 90
1,350,451 12 105,445,785 75
1,553,776 93
1,010,229 32
1,386,995 08
838,943 55 105,456,015 64
808,004 73 105,655,474 46
82
60
56
24
77
Total
12,217,159 21 12,204,811 63
U. S. Legal Tenders and National
Bank Notes.—From the
Comptroller of the Currency, Hon. John Jay Knox, we have the
following statement of the currency movements and
Treasury
balances for three months
past:
U. S. Bonds held as
^security for
-
6^
®
Jan.
Feb.
Balances.
Payments.
National Banks—
Nov. 30.
Doc. 31.
Jan. 31.
Bonds for circulation deposited...
$5,600,400 $9,733,300 $3,958,400
Bonds for circulation withdrawn.
4,207,900
7,907,200
6,213,500
Total held for circulation
365,194,900 367,021,000 364,765,900
Bonds held as security for
deposits 14,763,000 14,817,000 14,817,000
Legal-Tender Notes.—
Deposited in Treasury under act
Fri.
d.
d.
past week:
Receipts.
6
1
-
Sat.
d.
..
59
36
37
80
39
73
0
6
0
6
London Petroleum Market.
ket.—
Pet’leiim, spirits “
Wed.
d.
8.
day of the
d.
3
8.
Liverpool Provisions Market.—
8.
following table shows the receipts and payments at the
this city, as well as the balances in the
same,
each
Sub-Treasury in
Wed.
8.
d.
14 3
10 6
10 1
10 11
d.
s.
cotton.
on
135
.
©mmimxiad <wtI2$ttsc£llati£0xts %txvs.
of June 20,1874
Total now on deposit,
liquidating banks
including
Total entered under act of Jan.
14,
409,500
13,121,779
1875....
35,318,934
Total amount of greenbacks out¬
333,420
3,375,000
13,374,757
16,706,370
Imports and Exports for the Week.—The
35,318,984 35,318,984
imports of last
week, compared with those of the
standing
346,681,016 346,681,016 346,681,016
preceding week, show
National Bank Circulation—
a decrease in
dry goods and an increase in general merchandise. New
circulation
issued
The total imports were
3,109,350
2,576,580
1,603,875
$11,753,252, against $11,068,634 the pre¬ Circulation retired....'
224.990
234,022
260,302
ceding week and $6,084,726 two weeks previous. The
Total notes Outstandingexports
for the week ended Feb. 3 amounted
to $6,322,878,
Currency.338,618,658 340,961,216 342,304,789
Gold
$6,744,879 last week and $5,687,823 the previous week.against
1,447,120
1,426,120
1,426,120
Notes rec’vd for redem’n from—
The
following are the imports at New York for the week
New York
905,000
927,000
ending Boston
3,169,000
(for dry goods) Jan. 29 and for the week
730,000
358,000
ending
(for
552,000
general
Philadelphia
merchandise) Jan. 30:
216,000
213,000
245,000
Miscellaneous
1,400,000
1,424,000
FOREIGN IMPORTS AT NEW YORK FOR
1,676,000
THE WEEK.
..
1877.
Dry Goods
$2,610,416
1878.
$2,181,917
1879.
Total
1880.
$3,251,000
-
$2,922,000
$5,642,000
International & Great Northern.—Notice is
given that the
4,741,898
4,685,219
8,913,706 new first and second
mortgage bonds are now ready to be
Total week
$6,495,787
$6,923,815
$6,473,409 $11,753,252 exchanged for purchasing committee receipts at the office of
Prev. reported..
23,082,492
20,630,666
17,712,435
31,931,948 J. S. Kennedy & Co., New York. Notice is also given
that
interest at the rate of 4 per cent on the second
Total s’ce Jan. 1. $29,573,279
$27,554,481 $24,185,844 $43,685,200 earned
mortgage bonds,
during 1879, will be paid, one-half on March 1 and oneThe following is a statement of the
exports (exclusive of half on Sept. 1.
specie) from the port of New York to foreign
ports for the
—By the statement of the Royal Insurance
week ending Feb. 3:
of
Liverpool, which is in the Chronicle to-day,Company,
it appears
General mdse...
3,885,371
$1,788,190
$2,839,546
that the income of the United States
branch
EXPORTS FROM NEW YORK FOR THE
WEEK.
1877.
'
1878.
For the week....
Prev. reported..
$6,522,846
22,389,752
24,475,621
Total s’ce Jan. 1.
$28,912,598
$30,899,360
$6,424,239
1879.
$7,602,133
19,883,072
$1,705,065, while the
1880.
$6,322,878
The
$2,703,954, of which $2,318,411 were in United States Govern¬
The total liabilities,
including a sum sufficient to4
reinsure all outstanding risks, were
$1,479,008, leaving a sur¬
plus of $1,224,945. This exhibit, on such low rates
as prevailed
in 1879, is certainly
gratifying.
Jan.
24—Str. C. of Dallas
26—Str. Colon
31—Str. Rhein
Mayaguez, P. R
St. John, P. R
Nassau
Central America
London
Mex. silv. dols.
Mex. silv. dols,
Mex. silv. dols.
Am. gold coin..
Am. silv. bars.
Mex. silv. dols.
Mex. sil. bull’n.
was
$1,488,124.
1880, were
23,337,528
$27,485,205 $29,660,406
The following will show the
exports of specie from the port
of New York for the week
ending Jan. 31, and also a com¬
parison of the total since Jan. 1, 1880, with the
corresponding
totals for several previous
years:
24—Str. Ha^ji
during 1879
expenses and losses were only
total assets in this
country on January I,
$10,000
20,000
4,500
20,000
35,000
15,142
4,500
ment bonds
—The third annual edition of the American
Almanac, edited
by Ainsworth R. Spofford, the librarian of Congress, lias re¬
cently been issued. It contains a remarkable
summary of
statistical, financial and political information compressed
into
the most solid form, and indexed
for’reference.
The book, in
quantity of matter given in its space," is simply unequalled.
—The German Bank of Little
Rock, Ark., on Dec. 31, 1879,
showed assets of $390,868,
U. S. bonds, $73,000, and
including
Total for the week i$89,142
silver, and $20,000 gold)
The liabilities included:
$109,142 cash on hand, $90,601.
Previously reported ($507,437 silv., and $194,190 gold)
Capital,
701,677 $75,000; surplus fund, $22,000, and deposits,
$276,711.
Tot. since Jan. 1, ’80 ($596,629
—Attention is called to the notice of Mr. Wm. 0.
silv., and $2i4,190 gold)
$810,819
McDowell,
Same time inNo.
Same time in17 Cortlandt street,
Same time instating that his office is headquarters
1879
$1,227,291 1875
$11,672,317 1871
$4,310,673 either to buy or sell Oswego and Jersey Midland securities.
1878
1,554.446 1874
3,503,125 1870
3,674,414
1877
1,199,977 1873.....
—Dividend No. 52 has been declared
9.045,102 1869
by the Ontario Silver
4,211,332
1876
2,253,836 1872
1,620,313 1868
8,793,338 Mining Co., for the month of January, payable at Wells, Fargo
& Co/s, on the 16th inst. Transfers close on
The imports of specie at this
the 10th.
port for the same periods have
been as follows:
-
’
Jan.
^SlXGJNDJlNiNClAL.
26—Str. C. of Alexandria Mexico
Am. silv. coin.,
$2,630
Am gold coin,
2,810
For silv. coin.,
55,037
For. gold coin.,
26—Str. Germanic
5,400
England
Am. sifr. coin..
26—Str. Claribel
1,000
..Porto Rico
Am. silv. coin..
1,786
Am. gold coin.,
356
For. silv. coin.,
95
For. gold coin.,
272
Felecia
Venezuela
Am. silv. coin.,
1,100
Am. gold coin.,
400
C. of R.de Jan’ro.Danish West
Indies. Am. silv. coin.,
3,766
Bermuda.... ....British West Indies.For.
gold coin.,
10,169
Amerique
France
Am. silv. coin.,
209
Am. gold coin.,
734
29—Bark J. de Bueno
Cuba
Am. silv. coiu..
940
29—Bark Curacoa
British West Indies.Am. silv. coin.,
376
Am. gold coin.,
400
Alps
Hayti
Am. silv. coin,
84,152
Am gold com.,
700
For. gold coin.,
2,190
Flamborough
Porto Rico
Am. silv. coin..
520
Total for the week ($151,611
silver, and $23,431 gold)
$175,042
Previously reported ($169,304 silv., and $530,692 gold)
699,996
Tot. since Jan. 1, ’80
($320,915 silv., and $554,123 gold)
$875,038
Same time inSame time in—
Same time in1879
$1,Q65,653 1875
$146,463 1871
$275,649
1878
2,283,082 1874
105,504 1870
2,271,620
1877
1,442,940 1873
135,531 1869
1,630,362
1376
398,922 1872
113,489 1868
26J ,380
FISK
&
HATCH,
BANKERS,
AND DEALERS IN GOVERNMENT
BONDS,
and other desirable Investment
Securities,
NO. 5 NASSAU STREET, N. Y.
Buy and sell all issues of Government Bonds, in
large or small
amounts, at current market prices, and will be pleased to furnish infor¬
mation in reference to all matters connected
with investments In Gov¬
ernment Bonds.
We are prepared to give information in
regard to flrst-olass Railway
Securities and to execute orders for the same.
Buy and sell all marketable Stocks and Bonds on commission, at the
Stock Exchange or in the open market.
Receive accounts of Banks, Bankers,
Merchants, and others, and allow
interest on daily balances; and for those
keeping accounts with us we
collect U. S. coupons and registered
interest, and other ooupons, divi¬
dends, &c., and credit without charge.
We give special attention to orders from
Banks, Bankers, Institu¬
tions and investors out of the city,
by MAIL or TELEGRAPH, to buy or
sell GOVERNMENT BONDS, STATE and RAILROAD
STOCKS, RAILROAD STOCKS, and other securities.
BONDS, BANK
We have issued the So Tenth Edition of “ Memoranda
Concerning
Bonds," copies of which can be had on application.
ernment
Gov¬
| FISK & HATCH.
222...44455501———HFLiiidrtsetz
136
THE
CHRONICLE
£Ixc ^Bankers' (Suxeltr.
Specie
Legal tender notes
legal-tender notes!
Five per cent redemption fund
Due from United States Treasurer
& Leather National Bank of Chicago, Til. Authorized
capital, $300,000; paid-in capital, $300,000. Charles F. Grey,
President; Byron L. Smith, Cashier. Authorized to commence
business
Capital stock paid in
National Bank, Pennsylvania. Authorized capital,
$70,000; paid-in capital, $35,000. John B. Erb, President;
Dividends unpaid
ness
February 2, 1880.
State bank notes
busi¬
Per
Cent.
When
Payable.
Books Closed.
Lansing & Northern
do
do
Middlesex Central
Banks
Bank of the Manhattan Co
pref.
10
10
• 2
3^2
Feb.
10
5
5
Feb
9 Feb.
On dem.
2
Feb.
$3
Mscellane us.
Pullman’s Palace Car (quar.)
United States
Rolling Stock
$1 25 March
755,459,966
6,923,323
3,893,217
152,484,079
307,328,895
33y,867
1,309,059
648,934,141
248,421,340
3,682,320
137,350,091
59,232,391
50,413,064
2,116,484
4,041,649
2,226,396
4,510,876
45,802,905
The amount of
circulation
for the purpose of retiring their circulation.
4
to
Feb.
Bonds,—Governments have been act ive and
higher this week on very strong buying. We, have not ascer¬
tained precisely where the bonds went, but on Thursday a single
broker purchased about $2,000,000, which were presum ably for
one party.
The offer of Secretary Sherman to purchase, on
Wednesday next, is as follows:
Insurance.
City Fire
*321,949,154
$1,925,229,617 $2,019,884,749
outstanding Dee. 12, 1879, as shown
by the books of this office, was $341,202,598, which amount includes the
notes of insolvent banks, of those in voluntary liquidation, and of those
which have deposited legal-tender notes under the act of June 20,1874,
*
United States
New York Fire
114,321,375
Total
(Dajrs inclusive.)7T-
Feb.
Feb.
Feb.
3*2
3*2
$455,244,415-
321,802
Due to other national banks
Due to State banks and bankers
Notes and bills rediscounted
Bills payable
*
Railroads.
Detroit
1,316,186
1,306,180
Deposits of U. S. disbursing officers
«
Company.
25,160,000
115,429,031
47,573,820
outstanding
Individual deposits
United States deposits
DIVIDENDS.
The following dividends have recently been announced:
Name of
15,324,799
$454,498,515
plus fund
Other undivided profits
National bank notes outstanding
1880.
commence
11,295,000
16,147,686
907,129
$1,925,229,617 $2,019,884,749
Sui
Authorized to
$446,696
42,333,290
67,059,152
Liabilities.
January 27,1880.
Mathias S. Huebener, Cashier.
$387,447
78,568,041
54,725,096
*
Total
National Bank of Cuba, N. Y. Authorized capital, $50,000;
paid-in capital, $50,000. Elmer M. Bond, President; Mortimer
W. Potter, Cashier. Authorized to commence business January
29
.'
United States certificates of deposit for
NATIONAL BANKS ORGANIZED.
The United States
-
Dec. 12, 1879. June 14,1879-
Fractional currency
Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
'
[Vol. XXX.
8
16
1
“
That
proposals for the sale to the Government of $11,000,000 of any
of the bonds of the United States described below, will be received at
the office of the Assistant Treasurer of the United States at New York,
until noon of Wednesday, the 11th instant, at which time the bids will
FRIDAY, FEB. 6, 18 80—5 P. M.
The Money Market and Financial Situation. —The week
has been comparatively quiet in Wall street, and prices some¬
what variable. It is inevitable that there should be some
be opened and awards declared; the bonds thus purchased to be applied
to the sinking fund, as provided in section 3,694 of the revised statutes
of the United States:
Act ef February 8, 1861
Sixes of 1880
Acts of March 2, 1861; July 17,1861; and March 3, 1863. Sixes of 1881
Act of July 14, 1870
Five per cents of 1881
periods of hesitation in the course of stock operations, and
the present week has apparently evinced a feeling of
slight
uncertainty as to prices in the immediate future. The week,
The prospect of any further issue of 4 per cents appears this
however, has not been without its remarkable developments,
and the agreement between the St. Louis & San Francisco and week to be less probable. A prominent firm of
government
Atchison Topeka & Santa Fe, for building through to the bond dealers figures the average interest paid by all the issues
Pacific, as also the final settlement between the Denver & Rio now outstanding (except the currency sixes and the 4 per cents),
Grande parties and the Atchison Topeka & Santa Fe, are en¬ assuming that the sixes and fives will be called in when
titled to rank as railroad negotiations of the first order. With redeemable, at 103*9 per cent.
these matters adjusted, it certainly appears that the situation
Closing prices at the N. Y. Board have been as follows:
of railioad affairs west of the Missouri River must settle down
a position where their status
is more certain and will
be more clearly understood. It is reported with much confi¬
dence in some quarters that a practical consolidation of the
Interest
Periods.
to
6s, 1880..
6s, 1880..
6s, 1881..
Chicago Burlington & Quincy and the Atchison Topeka &
Santa Fe is likely to be made, and the report seems not im¬
6s, 1881..
probable. The extent and character of the Gould
combination
is now
pretty well developed, and there remain only two really
important competing lines west of the Missouri not under their
control—the Atchison, Topeka & Santa Fe and the St. Louis &
Iron Mountain. Whether an attempt will be made in the
future to bring these roads also into the grand
combination,
time alone will show.
The money market
has worked with reasonable
5s, 1881..
5s, 1881..
4%s, 1891
4*28, 1891
Is, 1907..
4s, 1907..
6s, cur’cy,
68, cur’cy,
6s, cur’cy,
68, cur’cy,
6s, cur’cy,
and on
government bonds the rate has been 3@5 per cent., and on
stock collaterals 4@6 per cent. Prime commercial
paper sells
readily at 5@5/£ per cent.
The Bank of England statement on
Thursday showed a loss
of £45,000 in specie for the week, but the
percentage of reserve
was 48/4 per cent, against 47%
per cent the previous week.
The Bank of France gained 5,662,000 francs
during the week.
The last statement of the New York City
Clearing-House
banks, issued January 31, showed a decrease of $624,950 in the
excess above their 25 per cent
legal reserve, the whole of such
excess being $3,979,825,
against $4,604,775 the previous week.
The following table shows the
changes from the previous week
and a comparison with the two
preceding years.
1880.
Jan. 31.
•
•
Loans and dis. $283,191,500
Specie
50.312.800
Circulation
21.529.900
Net deposits
259,675,900
..
.
Differ’nces fr’m
previous week.
Inc .$3,125,900
Dec. 1,519,400
Dec.
133,000
Iuc. 2,192.200
Legal tenders.
18,586,000
ino.
Legal reserve.
$64,918,975
Inc.
Reserve held.
%
Surplus
68.898.800 Dec.
$3,979,825
Dec.
1,442,500
1879.
Feb. 1.
ease,
*
54,048,800
$548,050 $54,804,800
76,900
72,682,100
$624,950
$17,877,300
Overdrafts
United States bonds to
secure
circulation
United States bonds to secure
deposits...
United States bonds on hand
Other stocks, bonds and
mortgages
Due from approved reserve agents
Due from other national banks
Due from State banks and bankers
Real estate, furniture and fixtures.
Current expenses and taxes paid.
Premiums paid
Checks and other cash items
Exchanges for Clearing House
Bills of other national banks
14,789,000
40,690,050 '
38,823.619
102,742,452
55,352,459
14,425,072
47,992,332
7,474,082
4,150,836
10,377,272
112,172,677
16,392,998
coup. Q.-Jan.
1895.. reg. J. & J.
1896..reg. J. & J.
1897..reg. J. & J.
1898..reg. J. & J.
1899.. reg. J. & J.
104%
*122
*122
*122
*122
*122
105%
*122
*122
'123
*123
Feb.
5.
‘4.
Feb.
6.
*103% '103% *103% *103%
*103% *103% *103% *103%
105% 105 % 105% *105%
105% *105% 105% 105%,
*103
*103
106 34
108
*108
105%
105%
105
*122
*122
*123
*123
*123
*122
Feb.
*103
*103
*103
*303%
103% 103%
107% *107%
108
108%
105
105%
105% 105%
*10634
105%
*122%
*122%
*122%
*122%
*122%
*122
*122
*122
*122
*122
*122
*122
*122
*122
*122%
This is the price hid; no sale was made at the Board.
Amount Feb. 1, 1880.
V
6s, 1880
ep. 102% Jan. 13
7
cp. 104% Jan.
6s, 1881
Feb.
2
5s, 188l.--.cp 103
4%s, 1891.. cp 106% Jan.
2
4s, 1907. ...cp 103 Jan. 2
Highest.
Registered.
Coupon.
102% Jan. 13
105% Feb.
5
$14,845,000
$3,570,000
104
184,239,150
288,823,750
Jan.
168,391,000
S
217,671,600
81,609,000
507,687,400
231,088,750
108%
L05% Feb.
64.623,512
State and Railroad
1878.
Feb. 2.
66,877,100
29
Feb.
6
6s,cur’ncy.reg.
Ronds.—There have been
some
trans¬
actions in low-priced Southern State
Louisiana consols and Alabama bonds.
sales, and quotations
31,230.000
are
given
on a
bonds, and also in tho
To-day there were few
following page. '
Railroad bonds have been active as usual. Erie second con¬
19,761,300
210,301,700 solidated elosa at 90%@91, Mo. Kan. & Texas seconds at 68.
37,362,200. St. Louis & Iron Mountain first and second preferred income
$52,575,425 bonds have been very active, on the prospect that interest will
68,592,200 be paid on them next month ; the firsts close at 92, and seconds
at
$16,016,775
$832,355,824
3,519,188
352,208,000
257,038,200
62,181.131
37,617,015
93,443,663
48,192,531
11,258,520
47,796,108
6,913,430
5,674,497
10,208,668
83,152,359
74%.
Other bonds
are
generally strong.
Messrs. A. H. Muller & Son sold the
following at auction
Shares.
450 Citizens’ Bank.
25 Columbia Fire Ins. Co
15 North Riv. Ins. Co
15 Bowery Nat’l Bank
Dec. 12,1879. June 14,1879.
3,962,119
364,272,700
&
&
&
&
J. *103% 103%
J. *103% *103%
J. 104% 105%
J. 104% "105
reg. Q.-Feb. *102% *103
104
x03
coup. Q.-Feb.
reg. Q.-Mar. *107% x06%
Q.-Mar. *107% 107%
reg. Q.-Jan. *104% 10434
-
Lowest.
1879, and June 14, 1879:
$929,581,542
Feb.
3.
Range since Jan. 1, 1880.
The following is an abstract of
reports made to the Comp¬
troller of the Currency,
showing the condition of the national
banks of the United States at the close of business on
Dec 12
Resources.
Loans and discounts
.reg. J.
J.
reg. J.
J.
Feb.
2.
The range in prices since Jan. 1, 1880, and the amount of each
class of bonds outstanding Feb. 1, 1880, were as follows:
$238,241,400 $241,275,500
18,633,300
19,486,600
219.219,200
-
Jan.
31.
■
100
55
111*2
139
84 Fulton Nat’l Bank
140
20 New York Equit. Ins. Co. 170
25 Pacific R. R. of Missouri. 10
20 Star Fire Insurance Co. 104
10 Metrop. Gas Light Co
120
40 Manhattan Gas Light Co.157%
6 N. Y. City Fire Ins. Co... 60
5 Equitable Life Assur. So¬
ciety, N. Y.. $100 each.400
Co., of
New York, $100 each..100%
2 Mercantile Trust
Railroad and
has been
:
Bonds.
$9,000 N. J. Midland
con.
RR. 1st
mort. bonds
15
$7,000 New York City 7 per
cent, 1836 (andint.)... 112%
j $19,700 New York City 6 per
cent. 1887
(and int.)...10978
$6,800 New York City 6
per
cent, 1887 (and int.).. .109%
$4,000 New York City 7 per
cent, 1889 (and int )...117
$3,000 New York City 6 per
cent, 1895 (and int.)... 113%
$600 New York City 6 per
cent, 1904 (ami int.)... 114%
$1,600 New York City 6 per
cent, 1905 (and int,)... 116
Miscellaneous
Stocks,—The stock market
slightly unsettled in tone, and the street has appa¬
16,685,484 rently been undecided as to what the course of prices is likely
February
THE CHRONICLE.
7, Jfc80 ]
137
to be. It must necessarily take a
to
digest the great changes which
The latest railroad earnings and the totals from Jan. 1 to latest
little time for stock operators
dates
are given below.
have been wrought by recent
The statement includes the gross earn¬
commnations and agreements, and to from some opinion of what ings of all railroads from which returns can be obtained. The
the effect will be on stocks. Canada Southern has been among columns under the
heading “Jan. 1 to latest date” furnish the
the active stocks this week, and fell off on the publication of gross
earnings from Jan. 1 to, and including, the period men¬
the annual report. The pending agreement between Erie and tioned in the second column.
Lake Shore, for an exchange of traffic, has been one of the
Latest earnings reported.—s /-Jan. 1 to latest date.Week or Mo.
1879.
1878.
1879.
1878.
points ” of the week, and it is reported that the agreement will
be signed. Erie has been one of the active stocks, and-closes Ala. Gt. Southern. November. $49,600 $37,001
$.
Atl.& Char. Air-L.November.
“
The last rail has been laid
about 48.
the Grand Trunk line
on
Jan. 31.
71%
42
70% 71
81*4 82%
Cent. Pacific
Ches. & Ohio.,
s* a*
..
Tuesday,
Feb. 2.
Am.Dist. Tel
71%
Atl.&Pac.Tel. *41*4
Canada South.
Cent, of N. J..
Mondi<y,
do
do
Wednesd. Thursd’y,
Feb. 4.
Feb. 5.
Feb. 3.
7134 7134
42%
42
42%
7134 72
8234 82%
8334 84%
21
2134
81%
82
08
42
42% 42%
0734 70
8134 82
aa
%s
0834
82
2134 23%
Friday
Feb. 6.
71
09% 71
42% 42%
42
05% 07%
Sl%
81%
S"
I*
82
22% 2334
32
32%
00%
8194
81%
2234
22%
32%
«7%
82%
81%
22%
30
1st prf. 30
30
80
30
82
24
2d prf. *23
24
*23
24*A 24% 24% 25
24% 24% *22% 24%
Chic. & Alton. 107% 107*4 10734 107% *07% 108
108
108
*0794 108
IO834 10834
Chic Bur. & 6. 148)4 147)4 148
148
14734 147% 1473^ 147% 140% 140% 140 147%
79
St.P.
Chic.M.A
78*4 7934 7834 7934 7834
77%
77% 78% 78
78%
do
1C3
pref. 103
10334 103% 102% 102% *02%
102% 102%
90
Chic. &N. W.
90% 9034 91
90% 90% 09% 90% 89% 90
89% 89%
do
105
pref. 10534 10534 105
104% 104% 104% 105% 104% 104% *10434 ..
Chic. R.I.&P. 149% 149% 150
150
*49% 150
*4994 150
*4994 150
Chic. St.P.&M. 49*4 4934 50
51
*49 *4 50% 49% 50
49% 49%
Clev. C. C. &I. 7834 7834 7834 7934 79
7934 77% 78% 77% 77% 70%
M
Col.Chic.&I.C.
Del. & H.Cana!
Del.Lack.& W.
Han. & St. Jo.
do
22% 23%
74% 75%
85% 80%
23%
75%
85%
40
41
39%
70% 7U% 70%
77
7834 78%
10434
834
pref.
Hous.& Tex.C.
Illinois Cent...
Ind. Cin.& Laf.
103^ 103%
Pacific
Kansas
Lake Erie& W
Lake Shore...
Louisv.&Nash
Manhattan....
Mar.& C.lst pf.
do
2d prf.
Mich. Central..
Mobile &Ohio.
Mo. Kans. & T.
Mor. & Essex..
Nash.Cb.&StL
New Cent.Coal
N.Y. C. & H. R.
N.Y. L.E.&W.
do
23%
70%
2334
75%
80"
41
80
23%
74%
85%
39^4
52
52
1034 10%
1134 12
91% 9234
2334 2334
40% 47%
103
104
51%
1034
12
91%
2334
47%
*103
84
8434 8534
30J4 3034 30J4
129
13034 130%
47
48
47%
pref. 7134 72%
Northern Pac.
do
pref.
33
34
5734
I*
57%
57%
75%
7434
85%
39%
70
70%
77
74%
103% 104% 103%
80%
40% 40%
7234 70% 7134
79
70% 7734
10434 *104 104%
4%
3134 31% •31% 81%
105% 104% 105 103% 104%
120
121
123
110% 119
5134 50% 5134
51% 51
10
10
16%
10% 10
11
12
11% 11
1134
93
91% 92% 90% 92
2334 23% 23% 23% 23%
47
48
47% 40% 47%
103] 103% 103% 103 103
85
85
82
85
8034
30
28
28
30% 28
130% 130 130% 130% 131%
48% 4834 48% 47% 48%
72% 73% 71
73%
33% 34% 33% SSf*
57% 57% 57% 57% 5*94
32
3134 31% 30% 31%
39% 38% 3934 38% 39%
Ohio & Miss..
31% 31% 31%
Pacific Mail.... 37% 39% 38%
Panama
184
184
183
183
*180 185
180
181
Phil. & Read’g 09% 0934 08% 09% 09
09
07% 68%
St.L.A.A T.EL
25
24% 24% 2494 2494
do
pref
fit.L. I. M.& So.
St.L. & S.Fran.
do
do
pref.
do
pref.
1st prf.
St.P.&Sioux C.
Sutro Tunnel.
Union Pacific..
Wab.St. L.& P.
<%* IS*
8“S8J
57
70
37
58
77
88
7034
*
These
m
93
pref.
are
date,
05
*02
55% 503
45
57
05
54% 5634
44% 4534
453
57%
50
57
sale
no
39% 40-J
70%
70
70
75
70%
T
92%
3494
75
103%
93
31%
104%
104%
120
119%
5094 50* 51
15%
9% 11
90% 91
IP If*
8* %*
23
8L
103>| 10334
40% 47% 4034
104
83
25
131
104
84
28
132
84
84
iSg
20%
132
47% 4834 47%
71% 72% 7231
33
33% *33
5094 57% 50%
30% 3134 30%
4094
181™
4894
73%
3334
5734
31%
41%
181
07% 08
24
02
07% 08
2434 2434
24%
03%
5434 50%
43% 44
5094 57%
54
50% 57
45
50
75
-
38%
8594 80
403*
92%
31%
103%
11994
50%
77
7734 77% 77
75
38% 3834 3834 37%
38% 38
70% 78% 78% 78% 7794
'3% 3% 3% 3% 3% 3%
9334 9231 93% 9294 94
92%
40% 45% 40% 4594 40% 453|
72
70% 71% 7034 71% 0994
105
104% 105 : 103% 104% 103%
the prices bid and asked;
Total sales of
and the range in
to
55% 5034
45% 48
7034
3% ‘3%
9334 92
4034 40%
7134 71%
104 103%
4314
0934
West. Urn Tel. 103%
do
*02
74%
80%
g*
77^
9.2% 92%
3i” 3i% 31% 32
103% 10434 104%
12134 12234 12134
7734
2334 23% 22% 23%
70
45
75% 7594
37%
7794
3%
929$
7034 7034
3%
8%
92% 93
4534 40
40
70%
70%
10494
leading stocks for the week ending Thursday,
prices for the year 1379 and from Jan. 1, 1830,
were as
..
1880.
1879.
Atchison & Neb..2d wk Jan. $15,695
$8,065
Atcli.Top. & S.F..3d wk Jan. 130,500
93,234
Bur. C. Rap. &N..3d wk Jan.
46.658
26,097
Cairo & St. Louis.2d wk Jan.
3,898
3,784
Chicago & Alton. 4th wk Jan 150,068
94.943
Chic.Cl. Dub.& M.lst wk Jan
9,016
7,982
Chic. & East. Ill..4th wk Jan
20,451
22,054
Chic Mil. & St. P.4thwk Jan 267,000
200,900
Chic. & Northw. ..January... 1,135,000 1,008,321
Chic. St. P. & Min.3d wk Jan.
19,475
17,057
Cliic. & W. Mich. .2d wk Jan.
11.930
9,400
Clev. Mt.V.& Del.3d wk Jan.
7,794
6,981
Pet. 1 ans.& L. M.2cl wk Jan.
17,279
12,597
Dubuouc& S.City.4th wk Jan
18,844
13,691
!
Flint & Pere Mar.3d wk Jan.
25,170
17,630
Grand Trunk. Wk.end. Jan.24 177,605
168,480
Gr’t Western. Wk.end. Jan.23
86,148
82,923
Hannibal & St. Jo.4th wk Jan
50,505
44,554
Indiana Bl. &*W..2d wk Jan.
15,048
21,564
Int. & Gt. North..4th wk Jan
54.985
63,318
K. C. Ft. S.& Gulf.2d wk Jan.
19,819
12,021
Kans.C.Law.&So.2d wk Jan.
7,773
5,365
K. C. St. J. & C.B.2d wk Jan.
22.817
22,452
Little Rk. & F. S.January...
49,856
25,018
Louisv. & Nashv..3d wk Jan. 146,000
99,500
Minn.& St. Louis.3d wk Jail.
8.457
6,974
Mo. Kans. & Tex. .4th wk Jan 133,640
67,878
Mobile & Qhio
January... 246,501
194,486
Pad.&Eli3abetht.3d wk Jan.
8,035
6,568
Pad. & Memphis. .3d wk Jan.
4,115
3,731
St.L.A.&T.H
3d wk Jan.
20,202
12.427
do
(brs).3d wk Jan.
13,460
13,768
St.L. Iron Mt. & 8. January... 552,615
334,029
St. L. & San Fran.4tli wk Jan
74,198
26,847
St. Paul & S.City. 3d wk Jan.
25,092
20,128
Tol.Peoria&War .4th wk Jan
23,713
24,054
Union Paoifio.... 12 dys Jan 299,000
222,000
Wab. St.L. & Pac.3d wk Jan. 198.828
145,42 L
Wisconsin Valley.3d wk Jan.
4,815
2,004
mand
19,980
28,120
Central of N. J
Chicago & Alton
988
Chic. Burl. & Quincy
Chic. Mil. &St, P....
do
do pref.
Chicago & Northw...
do
do
371
50,645
1,511
28,028
Col. Chic. & Ind. Cent
10,925
Del. & Hudson Canal
5,454
Del. Lack. & Westeri
101,456
Hannibal & St. Jo..
29,220
do
do pref.
31,000
Illinois Central..
2,081
Kansas Pacific...
1,000
Lake Erie & Western
6,670
Lake Shore
112,485
Louisville &Nashv..
3,930
Manhattan
.
*
Michigan Central....
Jan.
75% Jan.
100% Jan.
89
Jan.
3,945
32,741
80,810
20% Jan.
74
S3
Jan.
Jan.
33% Jan.
64
Jan.
99% Jan.
87
Jan.
20% Jan.
98% Jan.
86% Jan.
49% Jan.
88% Jan.
Missouri Kan. & Tex.
32
Jan.
Morris & Essex
603 101% Jan.
Nashv. Chatt. & St.L.
76
Jan.
26,400
N. Y. Cent. & Hud.R.
Jan,
11,215 129
N. Y. Lake E.& West, 486,649
41% Jan.
do
28.010
pref.
67% Jan.
Northern Pacific
32
5,456
Jan.
do
2,725
56% Jan.
pref.
Ohio & Mississippi...
26,870
28% Jan.
Pacific Mail.
59,010 36.% Jan.
Panama
365 16«
Jan.
Phila. & Reading
5,500 67% Jan.
St. L. I. Mt. & South.
26,380 49% Jan.
St. L. & S. Francisco,
40
Jan.
7,775
do
10,600
49% Jan.
pref.
do
1st pref.
2,900
68% Jan.
Union Pacific
12,808
84% Jan.
Wab. St. L. & Pacific.
48,010 42% Jan.
do
pref. 100,070
BO,251
Western Union Tel.
*
Range from Sept. 25.
65
Jan.
99% Jan.
year
2
5
2
26
26
2
2
2
2
2
7
2
2
2
5
8
127
8
5
56
93
2
49% Jan. 27
152
Jan.
78%
88*
42
72%
105%
108
3434
105%i
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jail.
Jan.
Feb.
48% Feb.
20 73%
6 36
10 60
5 32%
-5 43%
2 184
27 7238
2 57%
5 48
2
59%
2 79
6 973s
2 48
2 72%
6 105
t Range from July 30.
High.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
9
19[
actual
transactions
to-day
February 6.
:
16,256
18,786
23,665
69,711
61,997
50,804
71,373
530,039
271.786
502,814
217,075
137,047
40,708
169,380
33,798
158,659
35.818
161,818
14.694
22,885
8,770
44,575
49 856
41,649
25,018
408,500
28,549
367,327
246,501
24,652
‘ 17,361
194,453
194,486
268,412
16,112
9,727
37,281
33,130
334,029
79,399
55,365
94,907
222,000
387,905
5,456
12.644
55,885
35,517
552,615
195,696
69,224
93,306
299,000
564,296
^12,298
the
rates
about
are
on
New York at
Savannah—buying, 1-16,
60
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial
4.83 ® 4.83%
4.82%®4.83'
4.82 ®4.82%
4.8!%®4.82
5.22%®5.20%
5.23%®5.21%
Bremen
The
(reichmarks)..!
following
are
quotations in gold for various
$4 S3
3 82
X X Reichmarks.
X Guilders
4 70
3 92
Span’h Doubloons. 15 65
®$4 86
®
®
®
3 86
4 78
4 00
®16 00
Mex. Doubloons.. 15 55 ®15 65
Fine silver bars
1 13%® 1 14%
Fine gold bars....
par.®%prein.
..
Boston
banks for
1879.
Dec. 1..
“
8..
“
15..
22..
29..
1880.
Jan.
5..
“
12..
“
19..
“
20..
Feb. 2..
•
*
4.85%®4.86
4.84%®4.85
4.84%®4.35
4.81 '®4.84%
5.20 '3)5.18%
5.20%®5.18%
5.21%&5.20 ‘
39%^. 40%
94%® 94%
94%® 94%
94%® 94%
(reichmarks).1
Sovereigns
Napoleons
353i
75^8 104%
Demand.
days.
Paris (francs)
Berlin
53e
:
Documentary commercial
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
Hamburg (reichmarks)
Frankfort (reichmarks)
92%
16 35*2 83
8 112
139
2 2118 49
2
37% 78%
14 116
40%
13 t44% 65
27
7% 33%
17 1038 39%
31
182
3
6
56"
2
53
2
60%
24
78%
19 88^8 95
27
418
27
93*
57% 116
68,167
591,175
1,008,321
46,425
,32,802
Quotations for foreign exchange are as follows
89%
IOOI4
343g 82%
7434 10234
49% 94%
9is
9,016
72,466
763,000
1,135,600
" 55,882
24,357
21,867
Boston 9d. discount.
78%
12
8 70% 108
10 119
150%
26
5
28
10
38
89%
10 43
94
29 13% 41%
30 34
70%
21
79^ 10034
19
502,285
; Charleston, very scarce, 15 bid but
market; New Orleans—commercial, $1.00 discount,
bank, $1 premium ; St. Louis, par; Chicago weak, par; and
6 *16
28%
2
Feb.
67
108
Jan. 22 35
89%
Jan.
3 35
72 %
Feb.
2 73% 98
6 105
Jan.
21
95% Jan.
31 135
Jan.
O
75
223,013
79,469
7,360
343,737
7,982
111.844
8,747
on
26 111% 134%
80% Jan. 29
103% Jan. 30
92%
107%
153%
25%
45%
33 %
On
selling 3-16@M premium
1879.
Low.
5
65% Feb.
74% Jan. 14
79% Jan. 23 83% Jan. 14
2 109% Jan. 10
99% Jan.
810 104% Jan.
257 149
Jan.
pref.
Chic. RockIsl.& Pac.
Highest.
331,000
4.85%.
undermentioned cities
none
Lowest.
136
Range
1879.
$13,506
Cable transfers are 4.86.
For domestic bills the following were rates
the
Range since Jan. 1, 1880.
bills.
4.83 and
follows:
Sales of
Week.
Shares.
1880.
$27,901
Exchange.—Foreign exchange has not been very active, but
prices are firmer and the leading drawers of sterling advanced
their posted rates to-day to 4.83^ for 60-day and 4.86 for de¬
104%
made at the Board.
was
74.673
342,433
Carolina Central.December.
49.080
37,779
Central Pacific...December. 1,311,OOO 1,432,918 17,127,149
17,607,451
Ches. & Ohio.. ..December. 179,161
137,769 2,936,537 1,908,235
Chic. Burl. &Q...November.1,327,679 1,296,081 13,341,547 13,042,978
Dakota Southern.November.
12,020
23,686
Denv.S.P’k& Pac.November. 139,077
766,682
Frank.&Kokomo. November.
3,002
3,716
37,490
34,647
Gal. Har. & S. An.November. 135,716
146,406
Houst. & Tex.C...December. 382,230
380,477 3,205,683 2,920,994
IllinoisCen.(HI.)..December. 478,778
465,234 5,513,269 5,560.576
do
(Iowa).. December. 128,877
118,327 1,463,434 1.538,558
Kansas Pacific...4thwkDec 131,752
76.376 4,873,729 3,789,260
Mobile & Montg.. December.
82,580
88,648
703,407
679,260
Nashv.Ch.& St. L.November. 174,245
156,994 1,615,224 1,482.130
N.Y.L. Erie &W..November.1,515,835 1.381,391 15,110,876 13,928,479
Northern Pacific.December.
103,818
62.470 1.997,503 1,215,692
Pennsylvania
.December.3,453,925 2,605,296 34,620,279 31,636,734
Phila. & Erie
December.
304,056
225,308 3,091,808 2,921,061
Phila. & Reading.December. 1,442,587
881,656 15,351,184 12,813,770
Pitts. Gin. & St. L.December. 349,989
289,571 3,606,425 3,176,370
St.L.&S.E.—St.L..3d wk Dec.
18,439
17,570
719,420
646,107
Scioto Valley
December.
30,379
20,132
317,822
280,348
to Chicago, and the line will shortly be ready for business.
Michigan Central has fallen off, and closes at 90/£. The Gould
stocks are also weaker to-day, after showing a pretty large
business since our last report. The coal stocks are also weaker
towards the close, and the general market shows a
slightly
drooping tendency.
The daily highest and lowest prices have been as follows:
Saturday.
84,871
403,380
Atl. & Gt. West.. .November.
Dimes & % dimes.
Silver %s and %s.
Five francs
Mexican dollars..
English silver
....
5.19%3>5.17%
40%®
95 %®
95%®
95%®
95%®
40%
95%
95%
95%
95%
coins:
—
—
99%® —par.
99 %® —par.
—
92
—
89%®
4 70
66
Prus. 8ilv. thalers.
—
Trade dollars
—
New silver dollars
—
99
3>
®
®
®
99%®
—
95
—
90%
4 78
69
-
—
99%
par.
Hank*.—The
following are the totals of the Boston
series of weeks past:
Loans.
Specie. L. Tenders. Deposits.* Circulation. Agg.CIe&r.
a
$
*
3.594.900
3.474.900
181,484.000
3.572.800
181,040,000
130.931,700
3,082,000
4.329,000
130,050,100
132.221.900
4.205.400
3.805.300
4.125.400
3.850.300
133,827,200
134,991,300
3.941.400
3.822.800
4,093,400
5.418.900
137.132.900
139,105,000
3.813.300
3,857,100
5.302.900
5,435,700
139,810,800
3.970.300
5.329.300
3,014,800
$
50,085.200
50,802,500
50,137,300
49,842,700
49,048,100
29.805.300
50,107,558
80.289.000
30,007,100
30.807.500
31.090,300
05,753,821
62,129,120
51,019,806
09,074,935
50,379,000
31,101,800
50,800,800
51.882.200
00.267,539
31.280.300
71.705.752
31,330,000
52,051.000
31,885,900
31,240,200
74,242,072
08.069,822
53.742.200
Other than Government and hanks, less Clearing-House
checks.
69.237,794
138
THE
CHRONICLE.
New York City Batiks.—The foil
iwlmr statement show3 the
condition of the Associated Banks of New York City for the week
endiDgr at the commencement of business on Jan. 31, 1880:
T
«(>vci>v.
and
Net dept’s
Legal
other
Tenders. than
U. S
Specie.
discounts.
Circula¬
tion.
Ask.
SECURITIES.
Nashua * Lowell
7124
54
New York* New England...
Northern of New Hampshire 00
xl33
Norwich * "Worcester.
544
Phil.* R. cons.m.fis.e.i.1911.
do conv. 7s, 1393*
do
7s, coup, off,’93
91
9,632,000 1,663.000
2,000,000
6.416,000
332.700
2,050,000
7.417.000 1,227,400
2,000,000
6,872,000
994.000
2,000,000
4,687.700
793,000
1,200,000
8.225.800 1,254,300
8,000.000
8,388,000
716.000
1,000,000
6.520.900 1.760.700
1,000,000
426.600
8,105,600
1,000,000
1.614.800
264.100
600,000
300,000 12,672,100 3.375.700
3,490,300
568.500
1,000,000
4,084.500
421.700
1,000,000
1.825.900
305,000
300,0(0
City
Tradesmen’s
Fulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
819,000
932,400
200,000
200,000
5,000,000
5,000,000
1,000,000
1,000,000
Republic
422,700
5.857.500
3,755,000
2.134.500
1,500,000
5.462.900
450,000
412,500
700,000
3.648.400
Mercantile
Pacific
Chatham
People’s
North America..
Hanover
Irvin*?
Metropolitan
500,000
Citizens’
Nassau
Market
8t. Nicholas
Shoe & Leather..
Corn Exchange..
11,299.000
2,008.800
2.168,200
600,000
1,000,000
,...
Continental
Oriental
Marine ..I
2.512.400
500,000
500,000
500,000
1,8(55.700
3.545,000
1,000,000
3.783.400
1,000,000
4.841.100
1.564.800
3.135,000
300.000
Importers’ & Tr..
Park
Mech. Bkg. Ass’n
North River
East River
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
400,000
1,500,000
18,121,600
2,000,000
15,170,300
500,000
240,000
250,000
829.500
16.324.500
8,010,000
2,664,000
4.898.100
13.463.000
7.005.100
300,000
250,000
200,000
750,000
300,000
York County..
Germ’n Americ’n
Chase National..
Total
867.500
1,017,900
3,200,000
2,000,000
300,000
750,000
500,000
1,000,000
Bowery National
N.
566.200
287.8Q0
1(55.900
183.400
44,500
133.200
614,000
794,000
2,719 500
2.395.100
1.166.700
923,0oo
976.300
2.201.900
906,5qo
52,4 oo
1,2.88,009
1.350.400
1.186.100
2.258.200
The deviations from
‘
“P®0*©-....
Legal tenders
following
Loans.
$
1879.
Jan. 3....
Jan. 10...
Jan. 17...
Jan. 21...
Jan. 31...
returns ol
previous wtek
are as ioiiows :
Inc.
Dec.
Inc.
*3,323,900 | Net deposits
Inc. $2,192,200
1,519,400 I Circulation
Dec.
133,000
1,442,500 J
are the totals tor a series of weeks past:
Specie.
$
L. Tenders.
$
Deposits. Circulation. Agg.Clear
$
$
*
276.706,200 48,282 100 12,723.500 242,0>7,100
2<6,116,100 51,473,o00 14,097,800 246,995,600 23,748,600 604,197,943
2/6,990,900 53,5o8,600 15,914,200 25:3,731,900 23,812,900 657,695,260
21,635,900 787,728,198
280,068,600 51,832,200 17,143,500 257,483,700
743 125,031
283,194,500 50,312,800 18,586,000 259,675,900 21,662,900
21,529,900 772,270,895
Notk.—With December 27 the Grocers’ Bank
disappeared from the list.
Philadelphia Banks.—The totals of the
are as
Philadelphia
follows:
Loans.
1879.
A
Aug. 2
Sept. 1
*;
«
15
*'
22
‘
'*
62,749,828
62,550,9)8
62,639.944
6
63,558,250
64,706,995
05,942,232
“
13
'
20
“
27
Nov. 3
30
'
1?
*
21
Ueo. 1
*
8
17,377.438
17,500,784
17,6,87.922
17,235,369
10,240,119
15,639,404
66.274,801
66.337,415
66,680,258
65,977,180
65,302,071
*
15,185,160
14JB51.359
14,616,427
14.491.491
14.958.053
15,049.003
64.581.278
64,050.163
I* 22
15
04,386,503
*
‘
16,539,218
16,569,557
16,014,554
29
Oct.
16,308,517
62,78-4,728
62,880,264
dOcOt
Jan.
*
*'
5
12
19
26
Eeb. 12
64.331,710
64,096,428
65,104,001
04,655.180
04,972,032
?
53,561.853
52,690,026
52 342,762
52.653.503
31,430,589
11445 171
11,500,647
11,516320
11,588.656
11,788,858
11,795,908
11,814,680
11,853,039
11,878,284
11,885,099
11.875,666
11,871,878
11,890.480
11,932,035
11,992.523
11.985.600
12,011,733
31,318,858
30,002,487
33.978,321
35.100,893
38.264.123
38.061.700
42.783.257
44,106,759
52,253,037
54,606,178
51,527,260
54,961.998
55 027,309
46,780.676
43,148,041
64.548,181
14,75-4.053
52,113,471
52,197,356
51.582,397
14,447,092
51,203,835
12.021,266
50,885,477
50,800,337
42.399.082
15.603.259
15,802.394
52,606.250
52.898,593
12.059,841
12.072.760
54.360,797
54,306,766
54,563,582
45.951.014
50.218.10
12,082,360
12.073 093
50,508,285
50.955.540
14,977.274
64.724.368
04,775,731
29
51,415,739
51,565,795
51,580,453
40,609,121
52,817,043
53,224,187
54,442,646
54,709,355
54,812,858
54,586,094
54,187,213
$
16,417,981
10,931,434
17.213,847
12,068,233
6s, In. Plane, reg.,1879
6s, old, reg....
6s,n., rg., prior to’95
6s, n.,rg.,1895* over 120
1234
CANAL BONDS.
Allegheny County 53, coup...
Allegheny City 7s, reg .
Chesap. & Dela. 1st 6s, rg.,’8i
Delaware Division 6s, cp.,’78.
Plttsourg 4s,coup., 1913.....
do
5s, reg. & cp., 19b. 93
Leblgb NavJga. m., 6*, reg.,’8-1
do
6s, gold, reg
do
mort. RK., rg .’9'.
do
7@, w’t’r ln.rg. &cr*. 1164
do m. co.,v. g., i>g.,*9)
no 7a, itr.imp., reg.,’33-86. ’-074
do mort. gold,’97—
N. Jersey 6s, reg.and coup...
do cons. m.7s, rg.,19li
th
exempt, rg. & coup.
Morris, boat loan, reg., 1885..
Camden County 6s, coup
Pennsylvania 6s, coup., ’.9i0..
Camden City 6s, coupon
Scbuylk. Nav.lst ni.6a.rg-,’97.
do
7s, reg. & coup
do
2d m. 6s, reg., 1907
Delaware 6s, coupon
do 6s, boat*car,rg.,1913
105
Harrisburg City 6s, coupon ..
do 7s, boat&car,ig.,19.5
Susquehanna 6s, coup.. .9.8 .*
railroad STOCKS.+
do
do
do
15
do
pref.....
do
new pref
Delaware * Bound Brook....
East Pennsylvania
Elmira * Williamsport.......
do
do
pref..
Har. P. Mt. Joy & Lancaster.
Huntingdon* Broad Top...
do
do
...
484
49
Bid. Ask.
BOSTON.
Atch. & Tcpeka 1st m.7s
11494 115
do
land grant 7s nm
114M
do
.
2d 7s
1314
do
land Inc. 8s..
Boston * Maine 7s
Boston <& Albany 7s
12
do
6s
:io
Boston * Lowell 7s
.do
6s
Boston * Providence 7*
124
Burl. A Mo., land erant.7s....
..
1144
do
Ne+r.6s [Ex.....
do
Nebr. 6a
102
Codu. A Passumpslc, 7k, 1897.
Eastern,MasB.,4^8,new.
Fitchburg RR., 6s
do
...
7s
108
...
Oe""**>nnr>iirer * I
< ;h.
Bid. Ask.
Old Colony,7b
('11 Colony, «8
Omaha & S. Western,8s
Pueblo A Ark. Valley, 7s
Kutland 63,1st mort
Vermont
&
Canada,
....
new
Vermont*Mass. UR.,6s
110
1104
100
8s..
104
154
m
52
a*
56 4
bay4
....••••
AtchBon
At hi o i
Boston &
Boston &
Boston*
(Boston &
& Topeka
& Nebraska
x!45
76
Albany
Lowel1
Maine
..
....
Providence....
{Burlington & Mo. In
Neb
78
119%
'8921
120
134
...
Conn. & Passumpslc
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg
Fort Scott* Gulf, preferred
ro
1454
140
X142
coimnjD.
K. C. Law.* Southern
K. O ct. Jo. & O’ouncll
luff*
594
184
87
x....
4:4
126
sp*
83
98
80
82
83
■994
100
119
118
109
104
101
1034 108
ill
105
104
102
ioi
80
103
83
103
.80
do
do
,
.
CANAL STOCKS.
Chesapeake & Delaware
40
Delaware Division
364
Lehigh Navigation
374
Morns
do
pref
Pennsylvania
Schuylkill Navigation
do
..
pref...
104
164
Susquehanna
do
2dm. 6s.’8)..
do
3dm. 63, ’37..
Camden &Amboy 6s,coup,’88
do
6s, coup., ’89
do
mort. 6s, ’89
Cam. & Atl. 1st ra. 7s. g., 1;93
Cain. & Burlington C).68.’97.
Catawlssa 1st,7s, conv., ’a2..,
-chat, m., 108,’88
do
do
new 7s 1900
1174
45
102
108
1114
120
..
•
• •
•
...
...
*
In defaaP. $ Per sh ire.
§ Cou. to Jan., ’77. fun led
1054
8
334
8
9
384
38M
5
10
103
110
108
114
iOO*
1084
105
8%
do
1st m., 1890, J. & J...
do
2dm.,guar., J.*J....
do
2d in., pref
do 2d m.,gr. by W.Co.J&J
do 6s, 3dm.. guar., J.& J.
Mar. & Cin. 7s, ’92, F. & A
d9
2d, M. * N
do
8s,3d,J.*J
Union RR. 1st, guar., J. & J..
do
Can.on endorsed.
107
110
97
108
110
108
110
116
k8
1112
117
110
824 84
-
524
tm
10/
107
Cincinnati 6s, Kng...
t 105
do
7s
f 107
do
7*308
t 11794
do
South. RR. 7*30s.f 1184
do
do
6s, gold.t 1054
Hamilton Co., O., 6s. long...t 105
ao
7s, 1 to 5 yr8..f 103
do
7 & 7*30s, long.f 107
Dayton & Mich. 1st
Harrisburg 1st more 6s, ’83...
H. & B. T. 1st m. 7b, gold, ’90. 1104 117
do
2d m.7s, gold, ’95. j
do
3dm. cons. 7s,’95*.’ 65
69
Ithaca* Athens 1st g d, 7s.,’SO ....
Junction 1st mort. 63, ’82
do
do
6s,r p.,19 j3
Little Schuylkill, 1st m.7s,’82
1544
150
5
33
112
i'19
1104
do
do
2d
3d
7s.
m.
1C6
103
!l‘9
100
no
•
Cin. Ham. & D. 1st m. 7s, ’80 f 1004
do
2d m. 7s, ’851 102
Cin. Ham. & Ind., 7e, guar....
974
Cin. & Indiana let m. 7e
+ 105
do 2d m. 7s,’77..+ 100 *
Colum. & Xenia, 1st m. 7s, ’90 104
Chartters Val.,Istin.7s,C.,t90:
Delaware mort., 6s, various..
Del. & Bound Br., 1st, 7s. 1905 113
East Penn. 1st mort. 7s, *88
E1.& W’msport, 1st m., 7s, ’60. ioV
do
5s,perp ... .... b5
North. Penn, lstm.es, cp.,‘85. 109
do
2dm.7s,cp.,’96. >15
do gen. m. 7s, cp., 1903. 115
do gen. m. 7s, reg., 1903 115
Oil Creek 1st m. 7s, coup.,’82. 99
Bittsb. Titusv. & B.,7s, cp.,’96 80
do
scrip....
118
Pa.& N.Y.C. & RR. 7s,l89d
Pennsylv., 1st m., 6s, cp., ’80.. 1014
do
gen. m. 6s, cp., 1910.
do
gen. m. 6s, > g., 1910.
cons.m. 6?, rg., 1905
do
do
cons. ra. 6s. cp., 1905. 1124
do
Navy Yard 6s, rg.’ol 101
104
Penn. Co ,6s..reg.
Perkiomen 1st m. 6s,coup.,’9<
Phila.* Erie 1st m.6s, cp.,’81 1084
do
2d «. 78, cp.,’98. 1144
Phila. & Read. 1st m. 6s, ’43-’44
do
do
’48-.49,
do
2d m., 78, cp.. 9 1154
do
deben., cp.,’93
do
do
cps. oL.
do
scrip, 1862
do
In. in. 7s, cp,1826 88
do cons. m. 7s, cp.,l9ii.. 1144
do cons. m. 7s, rg., 1911.. 1154
154
115
CIn.& Cov, Bridge st’k, pref.
1124
Lehigh Valley, lst,6s,cp., 1898
do
do reg., 1893...
do 21 m. 78, reg., 1910.. 125
do
con. m.,6s,rg.,1923
114
112
114
115
110
CINCINNATI,
..
2d mort. 6s, 1900
105
100
109
115
115
116
120
118
120
111
do 6s, gld, 1900, J.&J. 1004
Cen. Ohio 6s, lstm.,’90,M.& S. 110
112
W. Md. 6s, 1st m.,gr.,’90,J.*J. 110 - U6
103
100
Connecting 6s, 1900-1904
do
no
112
112
Plttsh.* Conneirsv.7s,’98^I*J 113
Northern Central 6s, ’85, J&J 107% 1084
do
6s, 1900, A.*0. 100%
...
RAILROAD BONDS.
Allegheny Vai.,7S-i0s, 1896...
do
is, E. ext., 1910 104
do
Inc. 7s, end.,’9i
Belvidere Dela. 1st m.,6s,1902. 108
103
108
108
100
100
108
6s,exempt,’JS.M.vfeS
6s, 1900, Q — J
116
68.190^, J.*J
110
do
f>8,19.6, new
Norfolk water, 8s.../.
do
Norristown
.
North Pennsylvania
'
494
do
68, exempt, 1587...
do
6s, 1890, quarterlydo
5s, quarterly
Baltimore 6s, 1S8I, quart
do
6s, .8S6, J.* J
do
6s, 1890, quarterly...
do
6s, park, 1890,Q.—M.
do
6s, 1893, M.&S
534
railroad stocks. Par.
10*4 Balt.* Ohio
100
c o
let pr. f
514
01% 514
2d prtf
do
Pennsylvania
174 18
do
Wash. Branch. 100
Philadelphia* Erie
33% 34
do
Pniladelphla & Read ng
Parkersb’g Br..50
154
Northern Central..
Philadelphia & Trenton
50
Phila.Wllrning. & Baltimore. 6i%
Western Maryland
50
184 184 Central Ohio
Pittsburg Titusv. & Buff
50
85
ot. Paul & Duiuth R.R. Com
Pittsburg * Connell8vllle..50
do
do
‘054
074
pref.
RAILROAD BONDS.
155>s 15?
United N. J. Companies
Balt. & Ohio 6s, 1880, J.&J....
West Chester conBol. pref....
do
6s, 1885, A.&O.
3o
35
West Jersey
N. W. Va. 8d m.,guar.,’85,J&J
Nesquehonlng Valley
‘81+ 1014
•
*
•
•
•
•
•
100*
1054
102
102
in. 7s. ’88+ 101
Dayton & West. 1st m., ’81...+
do
1st m., 1905.+
do
1st m. 6s, 190.) + 100
Ind. Cin. & Laf. 1st m.7s
do
(I.&C.) 1st m. 7s,’88+ ioii
Little Miami 6s, ’83.
...+
Cin. Ham. & Dayton stock...
65
70
Columbus & Xenia stock
1224 125
51
Dayton & Michigan stock.... 50
do
8. p.c. st’k,guar 115
Little Miami stock
119
120
m.
7s,’84.+
LOUISVILLE.
LoulBVllle 7s.
do
do
do
do
do
103
81
....
RTOPTTQ
iCheshire preferred
tih iChic. Clinton Dub. & Min.... 594
Cin. Sandusky & Clev....,..
184
Concord
106)4 Connecticut River
140
Fort Scott A Gu'f 7s
Hartford A Erie 7s
574 5714
Kan. City Top. & W7s, 1st
115
do
do
7s, ine..
K. City Lawrence & So. 4?...
804: 86
Kaa. City. 8t. Jo. & C. B. ;s.
109
1094
Kan.« Ur St. Jo. & 0. B. In.
91
New York & New Eng. Is
113
1134
.
SECURITIES.
’93
BALTIMORE.
Maryland 6s, defense, J.& J..
33
94
pref.
Lehigh Valley. . .
Little Sehuylkill
Jiinehlll
25
32
10
49
50
125
SECURITIES.
67
ha
'
Camden * Atlantic.....
do
do
pref
Catawissa.
42.963.541
POTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Union* Titusv. 1st m. 7s, ’90.
United N.J. cone. m. 6s,’94..
Warren & F. 1st m.7s, ’96
Westchester cons. 7s, ’91
West Jersey 6s, deb., coup.,’8:
do
1st m. 6s, cp., ’96.
do
1st m. 7s,’99
Western Penn. RK. 6e,ep.’.89'j
do
6s P. B.,’96
5s, cur., reg
5s, new. reg.,lS92-1902 1104 111
6s, 10-15, reg., lt77-’82 lu0% 102
6s, 15-25, reg., l8S2-’92
1064
Philadelphia,5s reg.
backs
LawfulMoney. Deposits. Circulation. Agg.Clear.
$
$
*
62,972,906
...
do
do
do
do
do
670,100
652.400
205,20J
•
2.890.400
654
do
deb. 7s. cps.ofl
do mort., 7s, 1892-3
32% 32^
Ogdenst).& L.Champlain
90
do
pref.. CO
Phila. Wilm. * Balt. 6s, ’84
Old Colony
x!12 1124 Pltts.Cin.&St. L.
7s, cou., 1901- iil4
Portland Saco & Portsmouth xl05
do
do
7s, reg., 19 t
xll6 119
Pul'ln a • Palace Car
Shamokln V.* Pottsv.7s, 1901
Pueblo & Arkansas
Stcuhenv. & Ind. 1st, 6s, 1884. 103
Rutland, preferred
'864 '304 Stony Creek 1st m. 7s i9J7...
119
Vermont & Massachusetts..
Sunb. Haz. & W.,lst m.,5s,’2b
00
*61
Worcester & Nashua
Sunbury & Erie lstm.Ts, ’97.,
syra.Gen.* Corn’*, 1st,?s, 1905
PHILADELPHIA.
Texas & Pac. 1st in ,6s, g.,1905 106
STATE AND CITY BONDS.
do
cons. m.,6s,g.,1903
co
Penna. 5s, g’d, iut.,reg. or cp
Inc.* 1. gr ,7s 1915
400
60,375,200 283,194,500 50.312,800 18.586,000 275,675,900
21,529,900
Loans and discounts
The
1.314.800
2.019,900
7,042,700
2.655.100
3,000.000
$
495,000
223,000
195,000
251.100
2,700
470 800
266.400
105.600
120,200
37,000
801.900
209,000
030.000
2,055.600
2,215.000
810.000 10,583,000
450.UOO
4,481,800
783.0(X* 10.552.8oo 1,450,800
585.500
898.400
413.800
4.022,600
497.600
376.100
3.005.900
177,800
589.70U
223.500
2.352.700
5(58,400
287.800
3.274,Too 1,123,000
721.100
217,30(1
398,000
3.653.800
125.300
72,000
1.213.300
5,400
266,000
5'J,0(H5
1.919.800
1,080,600
558.200
800,000
6,678,3o(i
212.300
357.800
2,359,ooo
436,000
2.045.01 *0 1,340.000 11,259,000
45,000
360.400
267 900
18o,50Q
2,092,400
119.700
3.900
135.200
2,129,000
507.700
94,000
2.126.700
445,190
9,600
346.600
1,367,0(>0
450,000
626,00C
315,000
3,737,000
450,600
91,000
388.100
4.600
2.478.300
600.400
439.300
4.807.900
759,9j0
23.800
280.500
1.165.300
805.000
160,(*00
354.300
3.528.000
4.510.700
616.900 20.278.400 1.088.860
3.564.100
729.900 17.561.000
532.300
156.100
45.700
658.300
353,700
22.300
83.600
769.800
135.10(1
67,300
816,700
223.900
2.928.100 1,397,000 16.157.400
810,(00
1,039,000
810,000
7,385,000 1,483,OoO
320,000
414,000
2,894,000
269,000
1,128,(500
311.600
5,001,500
597.900
2.228.700
388,000 13,200,000
450,000
1,603,600
335.400
7.105.200
798.900
175.900
74.800
951.200
167,200
32.000
285.009
1,070,000
224,000
41,400
319,700
1.339.800
180,600
254.400
167,000
2,111,500
457.300
250.200
2.863.900
270,000
>3,792.300
1,000,000
....
9,628.000
5.570.500
3.876.200
5,719,600
2,928,000
6.627.500
2,045.200
1.190.100
12,935,700
16.300
3i>u,5O0
13,906,000
Broadway
328.300
410,000
285.400
275.500
83,1*00
188,000
60,000
142.700
82,000
2,866.100
957,700
2.912.800
600,000
300,000
800,000
228.500
106
...
4.214.200
6.235.300
653.000
Bid. Ask.
Phil.*::.Coal*iron deb.7s.‘>2
...
$
New York
Manhattan Co...
Merchants
Mechanics’
Union
America
Phoenix
et^.-ooutinuoa.
Bid.
Manchester & Lawrence....
Average amount of
Capital. Loans
pmt.voet.pmi.
SECURITIES.'
—
Banks.
[VOL. XXX
102
113
1024
6s,’82 to ’87
6e,’97 to ’94
1024
+ 102*.
water 6s,’87 to ’89.+
1024
water stock 6s,’97.+ 1024
wharf 6s
..+ 1024
do
spec’l tax6s of ’89.+ 1024
Louisville Water 6s, Co. 1907 +
1064
Jeff. M.*l.lBt m. (1*M) 7s,’81+ 100
da
2dm., 7b
1 103
do
1st m.,7s, 1906....+
Loulsv.C.&Lex. 1st m.78,’97*
Louis.* Fr’k.,Louisv.ln,6s,’8
1044 Louisv. &
Nashville—
Leb. Br. 6s, ’86
+
1st m.Leb. Br. Ex.,7s,’80-85.+
115
Lou. In.
do
6s, ’93. .+
1024 Jefferson Mad. * lad
stock.
i024
112
112;
1024 1034
1024 103
1024 103
103
105
ST.
LOUIS.
St. Louis 6s, long
do
do
684
water
6b, goiu
do
do
do
+j 105% 106%
+
1064
do
new.+ 107
appr., g. 6s.+ 1C04
bridge
renewal, gold, 6s.+ ioe4
ao
sewer, g. 6s, ’91-2-3.+ 1004
St. Louis Co. new park, g. 68.+
1084
<
do
cur.
+ And Intere*!
7s
•
.......+
-.»•
February
THE
7, 1880.
CHRONICLE.
QUOTATIONS OF STOCKS AND
U. S. Bonds and active Railroad Stocks
are
quoted
previous
on a
Ask.
Bid.
Alabama—Class A, 2 to 5
Class A, 2 to 5, small......
Class B, 5s
Class C, 2 to 5
59% 60*4 Kentucky—6s
Louisiana—7s, consolidated
...
86%
.
....
5%
Connecticut—6s
106
99
109%
....
..
io6%
109
113
100
100
.
Illinois—6s,coupon, 1879...
War loan
AND
do
102% 104
§52
59'
Cedar Falls & Minnesota...
120
37
60
159
§37%
113
120%
155
114
121
157
§67%
115
111
116*
113
Mariposa L’d & Mining Co..
do
do
pref.
Denv.&R. Grande—lst,1900
108
56
46
103
sii^l
•a*
108% Erie—lst mort., extended..
57
2d mortg., ext’n 5s, 1919..
47
3d mortgage, 7s, 1883
103^
4th mortgage, 7s, 1880
59%
5th mortgage, 7s, 1888....
lst cons, gold 7s, 1920
•
§3*o
85 ~
do lst,con.,f,cp.,7s
do 2d,con..f.cp.,5s,6s
Han. & St. Jos.—8s, conv...
....
...
26
1st mort., West. Div., 7s..
lst mort., Waco & N., 7s*
2d C., Mam line, 8s
2d Waco & N., 8s
Inc. and ind’y, 7s
Iil.Cent.—Dub.&Sioux C.lst
3%
Dub. & Sioux C., 2d div...
Cedar F. & Minn., lst m..
Ind. Bl’m & W.—lst, pref. 7s
40
lst mort., 7s, 1900
190
2d mort., 1909
Lake Shore—
23”
Mich S. & N. Ind., s. f., 7s.
Cleve. & Tol., Bink. fund..
....
117
21%
63*4
pref
•
Hous.&Tex. C.—lst, m.l.,7s
§37%
§5*4
§4%
Quicksilver
•
36
§22”
3%
3%
.
....
!”.*
§3i%
Railroad Bonds.
109
57
50
54”
89*4
89%
..
Income
$104% lookj
Nashv. & Decatur, lst, 7s.
Sinking fund...,
| 108
L. Erie & West.-lst 6s, 1919
Joliet & Chicago, 1st m...
Laf. Bl.&Mun.—lst 6s. 1919
Louis’a & Mo., 1st ra., guar
in
Marietta & Cin.—lst mort..
100
do
2d 7s, 1900.
102%
lst mort., sterling
St. L. Jack. & Chic.. 1st m. 112
113
Metropolit’n Elev—1st,1908
Mis8.Rlv.Bridge,lst,8.f;6s
Mich. Cent.—Cons., 7s, 1902
Chic. Bur. & Q.—8 p.c., 1st m 1.107
109”
lst mort., 8s, 1882, s. f
Consol, mort., 7s
121
Equipment bonds
IOC”
5s, sinking fund
6s, 1909
Chic. Rk. I.& P.—6s, cp.,1917 fie
116*6 Mo.K.& T.—Cons.ass..1904-6
116
5s, 1917, registered
2d mortgage, inc., 1911
Keok.& Des M., 1st, g., 5s.
96% 97
H. & Cent. Mo., 1st., 1890.
-ratral of N. J.—1st m., ’90.
115
Mobile & Ohio—New m., 6s.
....
do
assented.
Convertible
do
assented....
Adjustment, 1903
Lehigh & W. B., con., g’d
do
Am. Dock &
do
assent’d
Impr. bonds,
assented
Chic.Mil.& St.P—lst,8s,P.D
2d mort., 7 3-10, P. D
1st m., 7s, $ gold, R. D....
1st m., La C. Div
&t m., I. & M.
1st m., I. & D
Lst m., H. & D
1st m.. C. & M
Con. sinking fund
2d
105% 106* *
106*4
106%,
108
$....
113% 121
98% 99
108
108
124
.
.
t
.
-
-
-
....
112%
108% 109*4
mortgage
lst m., 7s, I. & D. Ext
S.-west div., lst 6s, 1909..
1st 5s, LaC. & Dav., 1910.
Chic. & Northw.—Sink, f’d..
Int. bonds
Consol, bonds
Extension bonds
lst mortgage
121
f
Registered gold bonds. ..
Sinking fund
Iowa Midland, 1st m., 8s..
Galena & Chicago, exten.
m., conv...
Prices nominal.
107
105
-
-
123
107
107% 108%
Coupon gold bonds ...
Peninsula, 1st
108%
101%
*i8?§
116
116
107
10*2%
$84*6
110%
j-06
.
106
112*6
- -
96
104
107*6
102%
112%
74%
f
....
122"
....
m.
2dm..
do
do
3d
m..
4th mort...
do
do
7s. 1908...
Inc. mort., coup., 7s, 1896.
Deb. mort., coup., 6s, 1893
ids’
Deb. mort., conv., 7s, 1893
Rome Wat. & Og.—Con. lst.
113
St. L.& Iron Mount’n—lst m
119%
2d mortgage
,
Arkansas Br., lst mort
Cairo & Fulton, lst mort.
Cairo Ark. & T., lst mort.
117
St. L. Alton & T. H.—1st m
2d mortgage, pref
do
income
Belleville & So. Ill., lst m.
106
St. P.& Sioux C.—lst 6s.1919
St. P. M. & Manit’a—lst, 7s.
113*
2d mort., 6s, 1909
Tol. Peo. & W.—lst m., E.D.
98*
lst mortgage. W. D
63
108%
$108*
4.
...
Burlington Div
65'
111
109
111
2d mortgage. 1886
Consol. 7s, 1910
Pur. Com. rec’pts, lst,E.D
do
lst, W. D.
do
Bur. Div.
lst pref. inc. for 2d mort.
lst inc, for consol
Wabash RR.^Mtg.7s of ’79.
119
121
12U%
12i%
115
115
114%
104%
116
116
115
106
106
do 2d
m.,7s,’93,ex
8-5%
9o%
$108
.
.
I11.& So. la., 1st m.7s,ex cp
St.L. K.C & N.R. E.& R.,7s
Omaha Div., lst mort.. 7s
St.Chas.B’dge.lst, 7s, 1908
North Missouri, lst m., 7s
1900, registered
Spring.V’y W.Works—lst 6s
Oregon R. & Nav.—lst, 6s..
.
126
....
123%
119%
120%|
118
108
$...
92%
92
.
(
77
110*6
119
Sinking fund
Registered, 8s
Pacific RR. of Mo.—1st
m.
2d
mortgage
Income, 7s
lst m.,
Lafayette & Ch.—lst
ra
Cin.& Spr.-lst, C.C.C.&I.,7s
lst m., g’d L. S. & M. S., 7s.
108
108
Denver Pac.—1st,7s,Id. gr.j?
Erte & Pittsburg—1st m., 7s
Con. mortgage, 7s
114%.
7s, equipment
119% Evansv. & Crawfordsv.—7s.
Flint & Pere M.—8s, I’d gr’t
105”
$..
108*6
price to-day; these
...
Cin.
Carondelet Br
$ No
2d
Stock
Chic.&Can. So.—lst m.,g..7s
Chic. & E. Ill.—S.F.c’y,1907.
Income bonds
Chic. St.P.& M’polis—lst,6s
Landgrant Income, 6s....
Chic.& Southwest.—78. guar
105
117
105
South Pac. cf Mo.—lst m.
+ And accrued interest.
11&
Ill
103*6
are
27
25
25
75
Consolidated 8s
Stock
Galv. Hous.& H.—7s, gld,’71
Gr’nd R.&Ind.—lst,7s,l.g.gu
lst, 7s. Id. gr., not guar...
-
89
89
89
St. Joseph & Pacific—lst
1
-
r
-
t
t
....
•
•
•
69*4
113% 113%
St.L.& San F.—2d m.,class A
2d
mortgage, class B
do
105% 106%
101% 102
io*ij
93*
class C
St.L.& S.E.—Cons., 7s, g.,’94
St.L.Vandalia& T.H.—lstm
2d mortgage, guar
South Side (L. 1.)—lst mort
South Minn.—lst m., 7s, ’88.
lst
mortgage, 7s (pink)....
Extension
Tol. Can. S.&
.
•
#
8%
87% 88
87% 88
87% 88*4
90 ~
100
75
105
100
....
97
97
nw
98%
108 ' 109*4
106
107*4
Qq
6s,
+99
36
110
115
103
110
72
60
.'!.*.’.'!.'
old
New Orleans—Prem., 5s
35
Consolidated, 6s
114
100
Petersburg—6s
109
Richmond—6s
92% Savannnah—Cons.,
87
76
VS*
68
I*
73
new,
5s.
RAILROADS.
Ala.&Chat.—ltec’rs ctfs.var
Atlantic & Gulf—Consol....
Consol., end. by Savan’h..
Cent. Georgia—Cons, m., 7s
Stock
Charl’te Col.& A.—Cons., 7s
2d mortgage, 7s
East Tenn. & Georgia—6s..
E.Tenn.A Va.—6s,end.Tenn
E. Tenn. Va. & Ga.—lst, 7s.
Stock
Georgia RR.—7s
6s
Stock
Greenville & Col.—7s, lst m
7s, guar
Macon & Ausr-2d, endors.
97%
Memphis& Cha’ston—lst,7s
105
2d, 7s
Mississippi Cent
2d mort., 8s
r
116
60
14
66
97
85
.
•
—
lstm.,7s
Miss. & Tenn.—lst m., 8s, A
lst mortgage, 8s, B....
N. O. & Jacks.—lst m., 8s...
Certificate, 2d mort., 8s...
Norfolk & Petersb.—lst, 8s.
104*4
•
•
no
95
108
110
100
1st mortgage, 7s
2d mortgage, 8s
Northeast., S. C.—lst m., 8s.
2d mortgage, 8s
Rich.A Dan.—1st consol., 6s
Southw. Ga.—Conv., 7s, ’86.
Stock
S. Carolina RR—lst m., 7s.
78,1902, non-enjoined
do” do"
Non-mortg. bonds
West Ala.—1st mort., 8s....
103
2d mort., 8s, guar
100
110
78
82
PAST-DUE COUPONS.
25% 27% Tennesssee State coupons.
90
93
South Carolina consol.
108% 110% Virginia coupons
99
104
do'
consol, coupons...
....
95
100
new
8s
,,,,
•
70
101
10O
•
108
115
95
106
114
55
•12
62
95
75
106
104
68
80
25
+ 103
+ 111
J.& J. + 112
Railroad, 6s
114*4 114% Norfolk—8s
65%
95
93
So.Carolina—Con., 6s (good)
Rejected (best sort)..
Texas—6s, 1892
M.& S.
7s, gold, 1892-1910 J.& J.
105” Nashville-6s,
92
••♦
•
N. Carolina.—New 4s
Compromise
Mobile—5s, coupons on...
8s, coupons on
6s, funded
99%
109
Montgomery—New 5s
ioi%
•
90
no
Endorsed M. & C. RR...
108
107
74
a
(Brokers' Quotations.)
STATES.
Augusta, Ga.—7s, bonds—
Charleston, S. C.—Stock, 6s.
7s, F. L
Columbus, Ga.—7s, bonds
Macon—Bonds, 7s
Memphis—Bonds, C
Bonds, A and B
99
31
86
41
13
115
95
65
43
96%
105
100
.
120**
104
104
106'*
75
80
50
103
50
110
80
100
90
92
97
109
55
116
100
107
»
100
95
95
65
98
100
92
102
107
116
95
110
108
:
81*$
+90
8s
Water works
126
126
85
57
in
65
27
55
106
60
25
80
29
82
38
11
100
90
60
41
90
72
70
80
*108
Southern Securities.
..
65
•
80
no
40
82
g
7s, gold, 1904
10s, pension, 1894.. .J.& J.
Virginia—New 10-40s...
CITIES.
Atlanta, Ga.—7s
100%
107*4
$04%
107
91
105
107
85
101
.
50*C
31
95
Det.—lst, 7s,
Union & Logansport—7s
U. Pac.—South Branch
102% 103
104% 106
111
100
m.
2d mortgage
1
85" 88*'
90”
2d
1 St. Jo. & Western stock
60
89
latest quotations made this week.
i
•
49%
m.
N. J. Midland—lst, 7s, gold.
2d mort
New Jersey So.—lst, 7s, new
N. Y. & Osw. Midl’d—lst m.
do
2d m.
Rec.certif’s assented
92*4
.
6s, subscription
N. Y. C. &Hud., lstm.,cp.
San Joaquin Branch.... 104%
Cal. & Oregon, lst
103
State Aid bonds
$104
Land grant bonds
104%
Western Pacific bonds.. $107%
South. PaCi of Cal .—1st m. 107*6
Union Pacific—lst mort.. 110*4
Land grants, 7s
113%
1
112
95
59
93
ioi*4
110%
8s.
do
79
INCOME BONDS.
103*6
Miscellaneous List.
124*6'126
do
lst m., reg.
(brokers’ Quotations.)
124*4 124%
Huds. R., 7s, 2d m., s.f.,’85 109*6
RAILROADS.
Canada South., lst, int. g.
92*4 92% Atch.&P.P’k—0s,gld, ex cp.
Bost.
&
N. Y. Air-L—1st m.
Harlem, lst m., 7s, coup.. 126
127” Cent, of la.—lst m., 7s, gold
do
1st m., 7s, reg— 126
gr
In^.H. & Gt. No.—Conv.,
Kansas & Nebraska—lst
2d mort
.
ldo”
78
..
2d consolidated
lBt m., Springfield div ....
Pacific Railroads—
Central Pacific—Gold bds.
.
Indianap.& Vine.—lst,7s,
International (Tex.)—lst, 7s
*
86
80
106
cp
Q. & Tol., lst, 7s, ’90,ex cp.
"
85%
Long Island—lst mortgage.
108*4 108% N.Y.&Greenw. L.—lst,7s, n.
Equipment bonds, 7s, 1883
Consol, conv., 7s
Gt. Western, lstm., ex cp
West. Un. Tel.—1900, coup.
99
96
*
115
84
lst St. L. div.7s,ex mat.cp.
2d mortgage ext., ex coup
105%
112
119
121
120
125**
T.&Wab., lst ext.78,
113%
•
BONDS.
H5% 116%
Registered 6s, 1911..
Coupon 7s. 19i 1
Registered 7s, 1911
Improvem’t, coup., 6s, ’99
General, coup., 6s, 1908...
•
•
34
34
....
$98
Phil.& Read.—Confl. coup.6s
104
•
33%
33%
Small..
....
118
do
2d con...
do lst Tr’t Co.ctfs.ass.
do
do
suppl.
do 2d
ass.
do
115
103
115
....
86
80
Central of N. J—1908
101% Chic.St.L.&N.O—2d m. 1907
x.... 121
Col.Chic.&Ind.C. jnc.7s,1890
110
$107
Ind’s Bl. & W’n-Inc., 1919..
Leh. & Wilkes B.Coal-1888
$109%
Lake Erie & W’n—lnc.7s,’99
105% 105*6 Laf. B1.& Mun.—Inc. 7,1899
—
Mobile& O.—1st pref. deben
$109 112
2d pref. debentures
99
99*4
3d
do
Nash. Chat. & St. L.—lst 7s. 112% H3
4th
do
N. Y. Central—6s, 1883
104% 105
N.Y.LakeE.&W.Inc. 6s. 1977
6s, 1887
107*
St.L.l.M.&S.—lst 7s,prf.int.
6s, real estate
103*6
2d int., 6s, accum’lative
112% 115
N. Y. Elevated-lst, 7s, 1906
112%
112% Ohio & Miss.—Consol. 8. f’d
111%
Consolidated
no
109
$
,
Chesap.& O.—Pur. m’y fund $102
8s, gold, series B, int. def.
67*4 67%{ Louisv.& Nash.—Cons.m.,7s
6s, currency, int. deferred
4m 42%!
2d mort., 7s, gold
116
Chicago & Alton—1st mort.
Cecilian Branch, 7s
1st consolidated
107%
....
do
new bonds.
Cleve. P’ville & Ash., 7s
Buffalo & Erie, new bds...
Buffalo & State Line, 7s..
Kal’zoo & W. Pigeon, lst.
Det.Mon.& T., 1st, 7s.’1906
Lake Shore Div. bonds...
do
cons, coup., lst
do
cons, reg., 1st.,
do
cons, coup., 2d.
do
cons. reg.. 2d
AND
$— 123
>04*6
....
Col. Chic. & I. C., lst con..
109%
10324
6
• *'
Registered
STOCKS
do
107
102
--
....
5%
Cleve.& Pitts., consol., s«f.
111
$162%
....
....
do
do
106
Long Dock bonds
Buff. N.Y.& E, lst m.,
N.Y.L.E.&W.,n.2d,con.,6s
63
§11%
38%
180%
Stock Exchange Prices.
Balt. AO.—1st 6s,Prk.b.l919
Bost. H. & Erie—1st m
1st mort., guar
Bur. Ced.R.& North.—1st,5s
Minn.& St. L., 1st, 7s, guar
113*4
109 iio'
104 105
106
$111
111%
$111
.
Ask.
no-
Tennessee—6s, old
6s, new
6s, new series
Virgina—6s, old
6s, new, 1866
6s, new, 1867
6s, consol, bonds
6s, ex matured coupon....
6s, consol., 2d series
6s, deferred
D. of Columbia—3*65s, 1924.
....
roi&
class 2
class 3
Pennsylvania RR—
Pitts.Ft.W.& Chic., lst
102
103%
HO
119
$114
1916 118*4
§5
Ontario Silver Mining
Pennsylvania Coal
Pullman Palace Car
Standard Cons. Gold Mining
100
.
j
Non-fundablc
•
....
5%
lst m., 6s, *95, with cp.ctfs
lst m., 6s,’96,
do
lst m..7s,Leav.br. do
lst m.7s,R.&L.G.D’d, do
lst m.,7s,land gr’t,’80.do
2d mort., 7s, ’86
do
Inc. coup. No. 11 on 1916..
Inc. coup. No. 16 on 1916..
Den. Div. 6s ass. cp.ctf...
Texas & Pac.—1st, 6s, 1905..
Consol. 6s, 1905
Income and land gr’t, reg.
....
....
§24
do
lst, reg.
do
Marylana Coal
Spring Mountain Coal
construct’n
7s of 1871.
lst con.,g’d..
,
Bid.
Kansas Pac.~
Rens.&Saratoga, lst,coup $125
Miscellaneous Mt’ks.
American Coal
Boston Land Company
Boston Water Power...
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining....
Climax Mining
Consolidation Coal of Md..
Cumberland Coal & Iron.
Excelsior Mining
Gold & Stook Telegraph.
Homestake Mining
La Platta Mining
Leadville Mining
Little Pittsburg Mining
114*6
108
112
2d mort...
lst mortgage, 1891
do
extended.
do
Coup., 7s,’94
do
Reg. 7s, ’94.
lst Pa. div., coup., 7s, 1917
do
reg., 7s, 1917 .
Albany & Susqueh., lst m.
do
2d mort..
do
3d mort..
do
lst con., guar
Terre Haute & Indianapolis
Toledo Peoria & Warsaw..
United N. J. RR. & Canal..
Wells, Fargo & Co
•
112
bonds, 1900
Del.&Hud.Canal—1st m.,’84
Stonington
;.
113
107
..
•
5
6s, 1886
....
•
....
10*4
10*4
16%
!«%
Special tax, class 1
...
§19
coup, off, A.&O.
do
do
2dm....
do
do
do
do
do
Rensselaer & Saratoga".....
Rome Watertown & Ogd...
Adams Express
American Express
United States Express.
105
C. C. C. & Ind’s—lst, 7s, s. f. $117
Consol, mortgage
109
& St.L.& N. O.- Ten.lien 7s
lst con. 7s
108% 111%
Del. Lack. & West.-2d m..
104*6 105%
§41
N. Y. Elevated
N.,Y. New Haven & Hartf.
Ohio & Mississippi pref
Pitts. Ft. W. & Chic., guar.
do
do
spec’l.
105% 105%
7s, convertible
103
Mortgage 7s, 1907
117
Syr. BiL gh. & N. Y., lst, 7s $113
Morris A, Essex, lst m
124*6 125
112%
A.& O
do
1868
New bonds, J. & J
do
A.&O
Chatham RR
....
MISCELLANEOUS
Winona & St. P., lst m.
le*
may
6s, Act Mar. 23, 1869.)
....
•
coup, off, J. &J.
Securities.
Rhode Island—0s,coup.’93- 9
South Carolina—
....
110
no
90
90
Funding act, 1866
107%
Ask.
'....
■
Ohio—6s, 1881
Railroad Stocks.
Metropolitan Elevated
107
....
YORK.
....
...
do
do
do
....
106%
1891
do
(Active previously quoted.)
Albany & Susquehanna
Boston & N. Y. Air L., pref.
Burl. Cedar Rapids <& No...
Long Island
101%
105%
105%
6s,loan,1883
Chic. & Mil., lst
Frankfort & Kokomo
Harlem
Ind. Bloom. & Western—
Keokuk & Des Moines.—.
do
do
pref.
49
New York—6s, gold, reg.,’87
6s, gold, conn., 1887
RAILROAD
Dubuque & Sioux City..
York—6s, loan, 1892
6s, loan, 1893
North Carolina—6s, old.J&J
6s, old, A.&O
No. Car. RR., J. & J
no
1887..
do
Bid.
SECURITIES.
New
45
do
6s,
Chicago & Alton, pref.
Chic. St. Louis & N. O
Clev. & Pittsburg, guar
Ask.
48%
Michigan—6s, 1883
7a, 1890
Missouri—6s, due 1882 or ’83
6s, due 1886
6s, due 1887
6s, due 1888
:
6s, due 1889 or ’90
Asylum or Unlv., due ’92.
Funding, 1894-95
Hannibal & St. Jo., 1886..
NEW
BONDS.
100
7s. small
68
16
7
7
7
6
Arkansas—6s, funded
7s, L. Rock & Ft. Scott iss.
7s, Memp. & L. Rock RR
7s, L. R P. B. & N. O. RR.
7s, Miss. O. & R. 1* RR...
7s, Arkansas Central RR.
Georgia—6s
7s, new
7s, endorsed.
7s, gold.
Bid.
SECURITIES.
IN
Prices represent the per cent value, whatever the par
page.
STATE
SECURITIES.
BONDS
139
112 *
too
102'/112
60’.
119
■
100**
68**
105
102
93 i
105
111 '
118
100
113
112 r
115 f
108
115
115
102
102
100
no
107
90
102
60
27%
112
112
25
80
8 No quotation to-da:; latest sale this week.
140
THE CHRONICLE
NEW YORK
LOCAL
[
SECURITIES.
Rank Stock List.
Companies.
Capital.
[Quotations by K. 8. Bailey, Broker,7 Plfie street.]
Pbioe.
ItttCOt
dates. §
Amount
Insurance Slock List,
Dividends.
Surplus
ttb
Mark’d thus (*) 03
are not Nat’L ! At
Period 1877. 1878.
America*
100 3,000,000 1,412,100 J. & J.
Am. Exchange. 100 5,000,000 1,288,800 M.&N.
100
•Bowery
250,000 196,300 J. & J.
25 1,000,000 1,215,100 J. & J.
Broadway
Botchers1 & Dr. 25
83,900 J & J
300,000
Central..
100 2,000,000
880,800 J. & J.
Chase
100
60,000
300,000
Chatham
25
450’000 140,400
•
8
5)4
12
16
8
8
•
8
0
11
Jan., ’80. 3)4 140
Nov, ’79. 3 110
Jan., ’80. 5
10
Jan.,
Jan.,
Jan.,
Sept.
Jan.,
7
*
*
*
Par.
American....
•
•
*
*
* *
City
’***
Clinton
Columbia
Commercial
136
•
F’remen’s
l iremen’s Tr..
Franklin* Emp
*1
110
4^
*
*
*
•
*
#
* *
*
•
•
’
-
•
•
German-Amer.
Germania
Globe...
Greenwich
Guardian.......
Hamilton
Hanover
Hoffman
Home
......
125
228
*
*
*
*
Hope
Howard
’***
•
» • #
Importers’* T..
*
*
* *
Irving
-
•
•
....
....
151,901
0^3,300
151,100
50.700
872,800’
..
.
..
Ninth
100
No. America*.. 70
North River*.
30
Oriental*
Pacific*...
....
Park
240,000
300,000
422,700
2,000,000
25
415?,500
People’s*
Phenix
20
Produce*..'..... 50
.Republic
100
8t. Nicholas.... 100
fieventh Ward. 100
Second
100
Bitoe & Leather 100
lzih.
Btatq^of N.
Thlra
100
Y.. 100
Tradesmen’s...
Union
West Side*
100
40
50
100
tJv*
9t date Dec
1,000,000
125,000
1,500,000
500,ooc
300,000
300,000
500,000
200,00C
800,000
1,000,000
1,000,000
1,200,000
200,000
5
7
8
8
7)4
8
8
3
0
Jan., ’80. 4
July, ’79. 4
Feb.. ’80. 3)4
July, ’77. 3^
Jan., ’80. 3)4
io
10
6
8
0
T
'
80.300 J. & J.
40,700 J. & J.
250 B00 M.&.N.
103,500 J.& J.
207.700 J. & J.
600,200 M.&N.
117,800 J. & J.
0)4
6)4
8
10
10
7
7
3
9
8
8
0
3
9
10
.
Jan.,
Nov,
Jan.,
7)4 Jan.,
10
Nov,
8
Jan.,
Harlem
2,000,000
1,200,000
315,000
50 1,850.000
20
750,000
50 4,000,000
1.C00
.Metropolitan
do
100
V*r.
certificates
tMtual.N. Y
do
100
bonds
"80
Mech’ics’(Bkn)
150
'
*
*
Mercantile.,
Merchants’
Montauk (Bkn)
.
Niagara
North Elver....
Pacific.
123
108
Park
108 J
Peter Cooper...
do
scrip
people’s (Brooklyn)...;
do
do
bonds
do
do
certificates.
•Central of New York
,\
...
Williamsburg
scrip
Metropolitan, Brooklyn
...
do
M
*
5
....
i.i*
100
...
F.&A.
J.& J.
J.& J.
2,500.000, M.&S.
l.ooolooo! M.&S.
mortgage
Broadway (Brooklyn)—stock...
Brooklyn A Hunter's Pit—stock.
mortgage bonds
B'tshwick Av. (tfklyn)—stock..
Central Pk., N.A E. River—stk.
Consolidated mortgage bon<’r
Christopher A Tenth St.—stock
100
1,000
1,000,000 M.
&N.
Jan.,
1,500,000
100
100
1,000
100
100
lsl mortgage.
ZCtst. A Orand St
1* t mortgage
100
Berry—stock
mortgige
...
.
Houston, tVest st.APuv.F’y—stk.
1st
mortgige
Second Avenue—stock
8d mortgage
Cons. Convertible
Extension.
Sixth Avenue—stock
1st mortg ige
Third Ave me—stock;
l^t mortgage.
Twenty >■hlra Street—stock...
i,it mortgage
—
100
1,000
.
Central Cross lown- stock.
1,000
100
1,000
100
500
100
1,000
1.000
100
1,000
100
Q-J.
Q-J.
.
900,000
1,000,000
203,000
748,000
230,000
Q-F.
Q-J.
J. & J.
M.&N.
A.&O.
000,000
200,000 M.&N.
250,000
500,000
1,199,500
150,000
1,050,000
200,000
750,000
415,000
2,000,000
J. & J.
A.&O.
M.&N.
A.& O.
M.&N.
J. & J.
on
15
94
75
2
7
Jan.. ’P0
7
3
3
7
Nov., ’80 102
Jan., ’80 140
Jan
’80 95
,
1888
3
7
100
85
Jan., ’80 65
Dec.1902 105
50
1898
85
Feb., ’80 106
June, ’93 108
Jan , ’80 100
Jan.. ’84 100
Nov. ’79 170
Apr., ’93 110
25
Nov.i904 99
10
95
Jan., ’80 45
Apr., ’85 100
-
•
-
^
4
7
8
7
7
7
7
24
1
7
7
5
7
0
7
4
7
May, ’88 92)4
Sept..’83' 90
May. ’77 125
July, ’90 105
Nov.. *79 150
July, '901101
Feb., ’SO 105
May. ’93 103
£
s*
+ Inclusive o
INTKEKST.
York:
Water stock
Pbioe.
Bonds
Months Payable.
due.
Bid. Ask.
New
1841-63.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ctstock. 1865.
do
pipes and mains...
do • reservoir bonds
Central Paik bonds. .1853-57.
-do
no ”
..185S-65.
Dock bonds
1870.
do
1675.
Market stock
1865-68.
95
26
95
83
6)
75
100
60
151
110
Improvement stock.... 1869
go
r
.
Consolidated bonds
Street imp. stock
do
do
New Consolidated
Westchester County
Consolidate!
20
98
79
Asses meat
110
150
100
102
95
70
...18t9.
var.
var.
var.
...
do
do
do
May & November.
do
do
do
do
May & November.
May & November,
7
6 g.
7
5
1880
1890
1883-1890
1B84-1911
do
do
do
Feb.,May, Aug.& Nov.
do
do
do
do
do
8*
5
..
Feb., May Aug.& Nov
5
5
6
6
7
6
5
6
7
6
7
6
7
"
do
do
do
do
do
January & July,
do
do
Quarterly.
May & November.
100
104
104
100
Iafc4-1900 no
19(77-1911 109
1898
108
1895
108
1901
120
1898
107
1894-1897 117
107
1889
1879-1890 102
1901
113
1888
112
124
112
109
109
122
109
118
1C8
116
102*4
1879-1882 102
113
1896
118
1894
1920
1884
101
105
107
105
102
115
J05
105
115
119
106
103
[Quotations by N. T. Bbebs, Jr., Broker, 1 New st.]
Brooklyn—Local Im ir’em’i(Jlfy hnnrin
107)4
80
95
110
112
175
do
Park bonds
Water loan bonds
Bridge bonds
Water loan.
110
City bonds
Kings Co. bonds
180
115
...
do
do
Park bonds
27)4
101
20
100
46
w
7
7
7
7
7
0
0
7
0
Jaiuary & July,
do
do
May & November.
do
,
fiat.
do
do
do
do
do
do
do
do
do
do
January
Bridge
•Allllrooklyn bonde
102)4
do
do
*
July.
do
1879-1880
1881-1895
1915-1924
1900-1924
101
102
122
121
1904-1912 120
109
1899-1905
1881-1895
1880-1883
1880-1885
102)4
100
114
1924
112
1907-1910 111
103
111
124
123
123
113
111
111
116
116
113
[Quotations by C. Zabbiskib, 47 Montgomery St., Jersey
City.]
94
95
115
165
105
stocks, but the date qf maturity or bonds.
re-lnsurance, capital and scrip,
Rate.
95
110
105
’80. 6
’39. 5
l|9,090
Over all liabilities, Including
do
24 Jan., ’80
J. & J.
J.&D
105
Jan.,
Jan.,
Dec.,
Feb.,
[Quotations by Daniel A. Moban, Broker, 27 Pine Street.]
July, ’84 104)4 106
34 Feb., 80150 155
Q-F.
M.&N.
Q—F.
1,000 2,000,000 J. & J.
100
600,000 J & J.
1,000
250,000 M.& N.
This column shows last dividend
H Jan., ’80
7
J’ly,1900
J.&D.
J.&D.
J. & J.
A.&O.
188S
10
20
18
20
20
10
11
City Securities*
55
105
50
152
156
120
100
57
104
55
*
400,000 A. & O.
300,000 J * .7.
500,000 J. & J.
1,800,000
1,000 1,200,000
100
050,000
1,000
250,000
100 1,200,000
50
10)g
_
" iuT
Broadway.]
694,000 J. & J.
2,100,000
1,500,000
10 2,000,000
1,000
300,000
100
200,000
’60
Jan., ’80 145
6
900,000 J. & J.
1,000
Bonds*..
Dry Dock, E. B. A Battery— stk
1st mortgage, cons’d
500&C
JSijhih Avenue—stock
44
’80 140
’79 152
Feb , ’80 115
Feb., ’80 95
Ju«y, ’79 52
1882
103
Feb., *80 50
’79
85
Nov,
May, ’79 90
Jan.. ’76 20
1897
90
Jan., ’80 75
Jan.,
June,
34
m
[Quotations by H. L. Grant,
Broker, 145
Brooklyn City—stock
Feb. ’78
7
5
5
750 000 M.&N.
£ seeker St.dk Fultonterr*/—stk.
1st mortgage
mortgagi
Bryodvoay £ Seventh Ave—sXM...
lit mortt
tgage
Nov. ’79 115
125
9)
185
200
’79.10
190
’80. 8
Jan., ’80.10 170
190
Ja^., ’80.10
117
Feb., *80. 5
Jan.. ’80. 5
115
50
July, ’77. 5
10* JaD., ’80. 6 120 180
180
13-65 Jan., ’80.0-85 L75
175
190
15
Oct., ’79. 5
100
10
Jan., ’80. 34 95
100
8eb.( ’80. 5
107
10
Jan
120
15
/, 80. 7!*
ioo
Jan., ’80. 3*4 93
103
11
Jan., ’80. 5
7
130
Jan., ’80. 8
135
10
Jan., ’60. 5
Jan., 'SO. 7 130 135
14!
no
10
Jan., ’80. 5
30
Jan., •60. 7* 250
Jan.. ’80. 3*4 05
*70
7
17 4 12J* Jan., ’80.
120
150,000 120,806 20
114
10
20
Jan., ’80. 5 155 165
500,000 685,945 10
10
10
54,536 io
'an., ’80. 5
85
91
200,000
10
1,3'0.785
10
‘
io
Jan., ‘30. 5 126
3,000,000
10
55
4,089
io
Jan.,
150,000
’79. 3>fc
10
Jan., ’80. 5
98
500,000 116,810 12
10
10
78,922 12
100
105
Jan., ’80. 5
200,000
10
60
6,488 13
70
200,000
8)4 Jan., ’80. S
10
10
135
Sept. ’79 5
200,010 +290,770 io
20
193,014
20
107
20
Jan., ’80.10
150,000
5
4,988 10
5
55
Jau., ’80. 5
280,000
10
14
Jan., ’80. 5 12) 125
150,000 134,907 20
10
10
97,660 io
Jan., ’80. 5
95
105
200,000
10
31,104 10
10
85
Jan., ’80. 5
150,000
16
253,533
13
Jan., ’80. 5 120
20
200,000
10
34,202 io
80
5
75
Jan., ’80. 4
300,000
12
162,909
L40
12
Jan.,
135
12
200,000
’80. 6
10
10
100
Jan., ’8). 5
106
250,000 140,928 20
20
20
160
Jan., ’80. 0
200,000 238,166 30
20
20
150
Jan., 80. 7
150,000 103,590.20
10
10
75
Jan., ’80. 5
200,000
30,832(io
10
13
120
jan., ’8 >. 5
130
200,000 159,702'20
12
10
Jan., ’60. 5 115
200,000 109,954 i8
20
20
Jan., 60, 7
105*
200,000 147,011 20
10
10
Jan., •80. 5
ioo* 109
200,000 101.513 14
20
316,395
15
Jan., ’80 5
20
155
210,000
14
12
Fei., m o 115
200,000 130,185 l7
N’ne
20,008
70
200,000
60
N’ne *5*
1,065 io
Jan., ’*79. 5*
05
300,000
11
12
Jan., ’80. 0
125
500,000, 517,458 12
10
8
Oct., ’79. 4 100
iio
350,000 108,148 ii
30
20
399,052
20
Jan.,
200
200,000
’80.10
12
200 000
12
89,737 20
Jan., ’80. 6 108
20
20
Jan., ’60.10. 180
150,000 190,043 20
12
12
Jan., ’80. 0
150,000 103,739 i8
no
15
JL0
Jan., ’80. 5 117
1,000,000 467,086 20
10
10
43,577
io
200,000
90
Jan., ’80. 5
5
96,725 io
300,000
m Jan., *80. 3)4 ’68
75
20
20
200,000 175,334 20
155
Jan-» ’80.10
10,841
200,000
70
10
Aug. •70 5
12 35 6-23
200,000
9-73 Jan.* ’80.0-23 120
500,000 121,591 1714
100
104
12
Jan.* ’80. 5
28,519
200,000
80
Aug. ’79. 33* 70
14
200,000 137,084 io
112
116
Jan.f ’80 5
10
300,000 102,389 20
100
10
1105
Jan., ’80. 5
12
250,000 215,455 10
11
128
Jan., ’80. 5 123
10
300,000 121,502 io
10
no
Jan , ’60. 5
443,695
250<000
20 1 20
20J
tJan , ’80.10
203
scrip.
Bid. Ask.
July, ’79 50
f*
1808
100
3
A.& O.
50
25
25
100
20
50
50
50
Republic
100
Rutgers’.
25
St. Nicholas.... 25
Standard
50
Star
100
100
Sterling
25
Stuyvesant
Tradesmen’s.... 25
United States.. 25
10
Westchester..
50
Willlamsb’gC
....
5,000,000 Quar.
1,000,000 F.& A.
1,000,000 Var.
2x
Va\
700,000 M.&N. 34
100 4,000,000 M.&N.
10 1,000,000 J. & J.
3\4
1,000
300,000 M.&N. 7
Var.
J.
&
J. 34
300,000
50
466,000 F.& A. 3
Aug., ’79 50
50 1,000,000
Quar,
14 Jan.. ’80 65
Var. 1,000,000 J. & J.
sh
Jan., ’80 95
100
bonds
Date.
Bid. Ask.
t*
Belief
.
34
’79. 4*
’80. 0
Phiok.
Last Paid.
.
People’s
Phenix (Bklyn)
....
3
1877. 1878. 1879.
14
400,000 +475,871 15
62,545 10
10
20
300,000 386,940 20
20
200,000 300,404 20
196,417
20
20
153,000
20
300,000 486,579 20
163,429 17)4 10*72
210,000
130,253 18
12
250,000
2,726 5
N’ne
300,000
112,401
25
18
200,000
1,000,000 1,108,151 12 50!l3 40
20
~~
300,000 544.412 20
10
73,858 14
200,000
10
99,155 15
200,010
138.883
15
15
200,000
10
68,966 12
204,000
11
76,147 12
150,000
200,000 136,442
10 *
1,000,000 875,866 10
22
500,000 752,754 30
10
118,251
20
200,000
30
200,000 343,749 40
7 22,908 io
200,000
Nassau (Bklyn)
National
37tjj
N. Y. Equitable 35
New York Fire 100
N. Y. & Boston 100
New York City 100
’
150
120
115
100
93
34
3)4
os
25
New York
Municipal
Var.
Var.
1,000
Brooklyn
do
Amount. Period.
25
20
Manhattan
*
Manhattan
Mech.&Trad’rs
*
Par.
Jersey City & Hoboken
1st
’80
’79.
’80.
’80.
Lorillard
Manuf.& Build
***
148
1*19
3
34
Lenox
LongIsl.(Bkn.)
100
88
34
4
3
3
5
’80. 4
lan.
0
7
3
3
90
v
bonds
do
1st
4
24
Lamar..
,Q
c. 1 u»tc i-'co. ijq, io<», lur me national Dan
13 for the in
State hanks.
Brooklyn Gas Light Co
Citizens’Gas Co (Bklvn)
1st
Jan., ’80.
Feb., ’80.
Jan., ’80.
Jan., ’80.
Jan., ’79.
July, ’74.
Feb., ’80.
Jau., ’80.
Jan., '80.
Jan., ’80.
Knickerbocker
Latayette(Bkn}
*
81
142
Jan., ’80. 24
11
12
0
10
6
204,000 J.& J.
Gab Companies.
•ftassaa.
6
Kings Co.(Bkn)
-
6)4 Jan.,’80 3)4
80
Jau., ’80. 3
Jan,, ’SO. 3)4
10
Jan., ’.^0. 5* 142
12
Jan., ’80.12
Jefferson
•
Gas and City Railroad Stocks
and Bonds.
[Gas Quotations by George H.
Prentiss. Broker. 24 Broad Street.]
*
„
id
\i & n
717,500 .).'& j!
65,800 J. & J.
70,900 F.&A.
91,8u0
123.600 J. & J.
70,000 J. & J.
173,000 J. & J.
211,500 Q-F.
332.500 J.&J.
129,000 J.& J.
186,500 J. & J.
53.000
617.000 F.&A.
123,000 F.&A.
55,400 [J. & J.
0
7)4
6)4
77,2 J)
45 4oo
750,000
700,000
25
50
100
0
M.&N.
J. & J.
J. & J.
1.& J.
J. & J.
...
Continental....
Eagle
Empire City....
Exchange....
Farragut
..
.
Amount
200,000
25
17
20
70
100
30
50
100
40
100
80
50
17
10
100
100
50
50
25
100
15
50
50
100
25
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50
Citizens’
....
July, ’79. 2)4
May, ’79. 3* 80
50
Broadway......
Brooklyn
•
***
.
Jan. 1,
1880.*
*
American Excb 100
Bowery
25
0
’80. 3
100
300,000 3,261,000 Bi-m’ly 100
100
Jan., ’80.25
25
600,000 158,400 J. & J.
ia
6
6)4
’80. 3
••••
100 1,000,000 1,441,300 M.&N.
Ctty
10
10
Nov., ’79. 5
Commerce
100 5,000,000 2 826,000 J. & J.
0
8
Jan.,
’80.
4
134*
Continental.... 100 1,000,000 140,300 J.& J.
Jan., ’80. 3)4 105
Corn Exch’ge*. 100 1,000,000
830,100 F.&A. 10
10
Feb , ’80. 5
145
Hast Elver
25
250,000
09,100 J. & J.
0)4
3)4 Jan., ’80. 3)4
11th Ward*.... 25
100,000
14,000 J. & J
July ’70. 3
fifth
100
150,000
39,000 J. & J. io*
6
Jau., '60. 3
Fifth Avenue*. 100
100,000 201,oro
215
First
100
500,000 1.707,700 Q-J.
12
12
Jan., ’80. 5
Fourth
100 3,200,000 1,005,200 J. & J.
0
6)4
Jan.,’80 3)4
Fulton
30
600,000 375,800 M.&N. 10
10
Nov, ’79. 34
Gallatin....
50 1,000.000
710.0U0 A.& O.
7
7
Oct., ’79.
German Am.*
75
57.100 F.&A.
750,000
Feb.,
’80. 2)4
German Exch.* 100 200,000
60,100 May.
6
5
May, ’79. 5
Germania*
100
200,000
57,230
6
Nov., ’79. 3
Greenwich*.... 25 200,000
15.20U M.&N.
7
0
Nov.', 79. 3
Grocers*
30
225,000
23,000 J. & J.
3
Jan., ’77. 3
Hanover
100 1,000,000
212,6':0 J. & J.
7
7
Jan.! ’80. 3)4 120
Imp.* Traders’ 100 1,500,000 1,936,300 Lj. & J. 14
14
’80. 7 225
Jan.,
Irving
50
500,000 133.010 J. & J.
8
8
Jan., ’80. 4
Island City*... 50
100,000
4,400 J. & J.
6)4
3
Man., ’78. 3
Leather Manuf. 100
600,000 421.400 J. & J. 12
11
Jan., ’80. 4
Manhattan*.... 50 2,050,000 1,027.7.10 F.&A
8
8
Feb., 80. 3)4
Manuf. & Mer.* 20
100,000
10,500 J. & J.
July, ’79. 2)4
Marine
100
400,000 116,000 J. & J.
Jnn., ’80. 3)4
Market*
100
500,000 291,400 J. & J.
7)4
7
Jan., '80. 4
120
Mechanics’
25 2,000,000
9
988,700 J. & J.
8
•July, ’79. 4 140
Mech. Assoc’n. 50
500,000
69.50U M.&N.
2)4
2
00
Nov, ’79. 2
Mech’ics & Tr. 25
200,000
8,100 M.&N.
14
Dividends.
Surplus,
Companies.
...
’
Capital.
144
’80. 8
’80. 3
106)4
’80. 3)4 111)4
’79. 3
125
..
Net
Bid. Ask.
Last Paid.
Chemical
Citizens’
Mercantile
100 1,000,000
Merchants’.
50 2,000,000
Merchants’ Ex. 50 1,000,000
Metropolis*.
100
300,000
Metropolitan
100 3,000,000
Murray Hill*.. 100 100,000
Nassau*
100 1,000,000
New York
100 2,000,000
N. Y. County,, 100
200,000
N. Y. N. Exeh. 100
300,000
XXX.
t#i.
Jersey City—
Water loan ,long
do
*
1W9-71
Improvement bonds........
Bergen bonds
1868-69.
0
7
7
7
January & July.
January & July.
J. & J. and J & D.
January and July.
1895
101
102
104
100
105)4
1899-1902
189 >94
1900
101
't
February
7,
141
THE CHRONICLE
188C.]
The report
says: “The rolling
excellent condition, and we can
Btock and machinery are in
readily increase our present
tonnage without material addition to our motive power, and
AND
unless the increase in business is much greater than I antici¬
STATE, CITY AND CORPORATION FINANCES.
pate, I think we can by gradual expenditure and equipment
meet the increase of business without any large outlay at any
The Investors’ Supplement is published ou the last Saturday
one time.”
of each month, and furnished to all regular subscribers of the
Chronicle.
No single copies of the Supplement are sold at the
Canada Southern Railroad.
office, as only a sufficient number is printed to supply regular
(For the year ending December 31, 1879.)
subscribers.
The annual report of the Canada Southern Railroad
Company
has just been issued. The report states that new rolling stock
ANNUAL REPORTS.
has been purchased during the year, and paid for from the*
Jutfjcstwmts
proceeds of the first mortgage bonds of 1878. The construction
Chesapeake & Ohio Railroad.
account for the year amounted to $310,128, and the equipment
account to $748,593. '
(For the year ending September 30, 1879.)
The earnings for the year were as follows:
The annual report of Mr. Huntington contained the following:
The Elizabethtown Lexington & Big Sandy Railroad Com¬ Gross earnings
$2,995,365
2,448,090 *
pany, which has 33/6 miles of road in operation in Central Operating expenses
Kentucky, has announced its purpose to extend its road to the
Net earnings
$547,275
391,453
Big Sandy riveT, there to connect with your road ; and the Accrued interest on new first mortgage bonds.
contract for the construction within two years has been let to
$155,822
Surplus
responsible parties. One of the conditions of the contract is
The
gross earnings for 1878 were $2,480,872, showing a gain
that the Elizabethtown Lexington & Big Sandy Railroad Com¬
for 1879 of $514,493, and the surplus on December 31, 1878, was
pany shall'sell $1,200,000 of its first mortgage bonds before the
work is commenced, and from time to time pay over the pro¬ $57,187, a gain for the past year of $98,635.
The following statement shows the disposition of the new
ceeds to the contractors who undertake the construction. It is
mortgage
guaranteed bonds to the close of the year:
expected that the holders of the Chesapeake & Ohio Railroad
$14,000,000'
securities will take these Big Sandy Railroad bonds, as that is Authorized issue
LTsed in refunding old issues and in purchase of bonds of
the indispensable step to securing a western outlet by rail, the
other companies, in accordance with the “ Arrangement
building of which will add to the present holdings fresh value, ** Scheme”
11,272,050
Used for constrnction and purchase of equipments, etc., and
more than the $1,200,000 for which they are asked to subscribe,
in settlement of old floating debt
2,225,261.
to say nothing of the bonds on the Kentucy road being a firstHeld for further refunding and further purchases of bonds
311,104
class security of themselves. It is not probable (if this load is
Total
A
$13,808,416
promptly taken) that the two year’s time will actually be
191,58a
consumed ; and it is represented to me that it is highly desira¬ Balance of company’s reserve.
CONDENSED BALANCE SHEET, DEC. 31, 1879.
ble that the Chesapeake & Ohio Company should have its
Assets.
track at the Big Sandy terminus ready to meet it. For this
Construction and equipment
$23,777,145
purpose it will be necessary for the company to resort to a Capital stock Canada Southern Bridge Company $450,000
portion of the $2,000,000 series A bonds reserved for extension Capital stock Toledo Canada Southern & De¬
troit Railway Company
855,000
purposes, upon which interest will begin to run as soon as
issued. The completion of this link of less than 100 miles by Capital stock Erie & Niagara Railway Company 100,000
Capital stock Michigan Midland & Canada RR.
the two companies will admit us to the fine agricultural and
1,612,125
Company..
204,125stock regions of Kentucky, to Louisville and Chattanooga, and First mortgage bonds Canada Southern Bridge Company
973,000
ultimately to the territory beyond, by very short, serviceable First
mortgage bonds Toledo Canada Southern
connecting lines.
& Detroit Railway Company
1,492,506
Inasmuch as the company will still need to hold on to any First mortgage bonds Erie & Niagara RR. Co..., 600,000
mortgage bonds Michigan Midland &
advantage it may derive from an interchange of traffic with First
Canada Railroad Co
216,4953,282,001
river craft, and as Huntington is the proper point for it, besides
Capital stock New York Central Sleeping Car Company..
25,000
100
being the point toward which the roads in Ohio are tending, in Capital stock International Bridge Company
the hope of ultimately crossing by a bridge, it has been deemed Materials and supplies on hand
226,824
921,588
the best to make a temporary arrangement with the Big Sandy Bills and accoimts receivable
Uncollected balances in hands of agents, etc
$348,000
Railroad Company, as an inducement to the completion of a Cash
485,484
137,484—
through line, whereby the trains of the latter shall run contin¬
Total..
$30,370,268
uously between Lexington and Huntington over the eight miles
Liabilities.
of our road yet to be built, and collect the tolls thereon for a
stock
$15,000,000
term of years.
The vital importance of western connections, Capital
New first mortgage bonds issued
$13,497,311
and of ocean terminus on the Lower Chesapeake Bay, I have New first
mortgage bonds held against old first and second
before referred to. Surveys have been ordered for such a line
mortgage bonds not yet refunded:
between Gordonsville and the lower Potomac, between Hanover For $239,000 firsts at par
239,000
For
$16,216 19 seconds at 31 Lj.
i
5,108
Junction and the bay of Piankatank, and between Richmond
and Yorktown on the lower James and York Rivers, with a view
Total
:
$13,741,419
of determining the most practicable point for transhipment to Coupons payable
194,793
and accounts payable
1,153,548
large vessels, and for the accommodation of through freights Bills
Income account
*
280,507
destined to the cities along the seaboard.
Grand total
>.
Following is Vice-President Wickham’s report showing the
$30,370,268
operations of the railroad during the past two years: Pittsburgh & Lake Erie.
EARNINGS.
(For the year ending December 31,1879.)
1878-9.
1877-8.
This is the new road extending from Pittsburgh to Youngs¬
Passenger fares
*
$351,926
$347,056
Sleeping and parlor cars
4,635
4,244 town, Ohio, 68 miles, with a branch from New Castle Junction
1,381,473
1,452,403 to New
Freights
Castle, Pa., 2*5 miles. The road was opened for busi¬
Fast freights
63,295
55,758
Express..
25,439
18,989 ness Feb. 24,1879, and the following statements are for the
United States mails
36,618
39,160
year ending Dec. 31,1879.
Chesapeake & Ohio telegraph lines
5,404
5,328
The general account is as follows:
Miscellaneous sources.
22,825
13,344
s
.
.
$1,583,787
Stock
$1,891,542
Total
$1,936,360
OPERATING EXPENSES.
$407,282
158,974
68,436
18,540
462,902
287,540
29,507
Train expenses
Depot expenses
Miscellaneous expenses
Loss and damages
Maintenance of way
Repairs of machinery
General expenses
Salaries
—
74,148
$1,507,332
384,209
Decrease of gross earnings compared with 1877-78
Increase of operating expenses over 1877-’78....
Earnings over operating expenses
Increase of net earnings over
1877-’78
The decrease in operating expenses
Train expenses
Miscellaneous expenses
Maintenance of way
$449,718
150,335
75,307
8,824
519,996
301,780
22,882
Depot
expenses
.-
$3,214,564
529,990
599,490
buildings
Equipment
Right
of way and real estate
b
4,344,045
The
—
$44,818
87,406
42,588
$42,435
6,870
57,093
$8,639
9,716
6,624
8,253
33,233
Making a net decrease as above stated of
$4,344,045
Total
Road and
earnings of the road for the period during which it was
operation
were as follows:
$1,594,739
341,621 Passengers
$84,386
$120,639
Losses and damages
General expenses
Salaries
751,550
8,707
.
in
14,240
The increase in operating expenses is in—
Floating debt.
Earnings used in construction
65,894
is in—
Repairs of machinery
2,000,000
Bonds
$87,40
244,754
Freight
6,508
Express, &c
Total
($4,760-98
per
$335,648
177,725
mile)
Expenses (52*29 per cent)
Net earnings ($2,240*05 per mile)...
Interest on bonds and floating debt
- -
$157,923;
134,768-
$23,154
report of the president has the following : “ The rapid
development of business along the line of the road, and the
traffic at the main points and that coming to our road from its
Surplus for the year.
The
connection with the Lake Shore and the
:Atlantic & Great
*
expectations of
the projectors of the road, and has only been limited by the
ability of our company to furnish cars for its movement. In
Western, have far exceeded the most sanguine
THE CHRONICLE.
142
[Vol. XXX.
*
this connection, I wish to refer to the absolute
importance of
maintaining our present relations with these lines of railroad.
By means of these lines our city and the county traversed by
our road has direct access to all points of our land East and
West, and it affords me pleasure to say that after ten months
of experience we find these roads in full sympathy with our
undertaking and ready at all times to aid us in handling our
business. With these connections our road is and will be to
the city of Pittsburgh all that was promised in its building,
but break our relations with them and our city will at once feel
the iron heel of discrimination.
It is therefore all important
to us that we maintain a friendly attitude towards these lines.
-
“
no
In the
building of the Pittsburgh & Lake Erie Railroad
promises were made to the stockholders of speedy re¬
on their stock, but we feel sure that when our report
for this part of a year, when the road was crippled for want of
sufficient equipment, and was limited in its capacity for answer¬
turns
ing the calls of its patrons, shows
a
balance of $23,000 after
Saying expenses and interest on the bonded debt, no one will
oubt but that with a judicious and economical management
the road will at no distant day realize to the stockholders a
return on their investment.
Portland & Ogdensburg Railroad.
(For the year ending September 30, 1879.)
The annual report for the year ended September 30, 1879,
shows that the gross earnings for the year were $271,493 ;
operating
$179,198, leaving a net profit of $92,295.
earnings for the year ended September 30,1878, were
$270,783 ; operating expenses, $194,209, leaving a net profit of
$76,573. The following statements show the financial condition
of the company in detail:
expenses,
The gross
PROFIT AND LOSS ACCOUNT.
Debit.
Amounts
paid relating to previous years
Coupons on first mortgage bonds
Coupons on first mortgage scrip
$289
48,000
18,720
8,937
179,198
71,202
Interest account
Expenses of operating for the year
Balance
Total
326,347
North Carolina Railroad.
Earnings from freights
1
Earuings from passengers
Earnings from mails, express and miscellaneous.
Total earnings
Earnings for the
271,493
10
627
Interest account
year
Total.
$326,347
GENERAL BALANCE SHEET.
A.SSCtS
•
Cost of road
.$3,569,605
Cost of
equipment
Supplies on hand
Bills receivable
Due from agents
Cash
292,838
25,130
27,784
63,828
23,727
and others
Total
t
...$4,002,915
Liabilities.
Capit al stock
$1,052,185
Bonds, issue of November 1, 1870, sold
794,000
Bonds, issue of November 1, 1871, sold
'
505,000
Bonds, issue of November 1, 1871, exchanged with city of
Portland.
1,350,000
Bills payable
186,731
Accounts and traffic balances
43,796
Profit and loss
71,202
Total
$4,002,915
Resolutions were passed, providing for the payment of cer¬
tain creditors who hold bonds of the company as collateral
.
security for the indebtedness. The company, not having the
means or ability to redeem the collaterals
by paying or other¬
wise securing the debts, and deeming it prejudicial to its
interests to have the bonds disposed of at forced
sale,
appointed Messrs. George Walker, S. E. Spring and James P.
Baxter as a committee of the stockholders to
arrange for a
settlement of any debt of the corporation for which its bonds
have been given as collateral, by a payment of the debt in
bonds on such terms as they in their judgment shall deem for
the best interests of the company, and the directors are
to
ratify and
carry
committee.
into effect
any
requested
arrangement made by that
$224,093
$764,613
Deduct rental Piedmont Railroad
Total
Expenses of maintenance, operation and repairs
earnings
$801,247
On comparison with the business of last year on the several
lines and with the different classes of traffie, the
following
results appear, viz.:
The total earnings from freights ou the Richmond & Danville
Railroad have increased
The earnings from passengers have iucreased
The earnings from mail, express, aud miscellaneous have
increased
over
expenses
Amount received from interest
on
investments..
—
The earnings from freights on the Northwestern
North Carolina Railroad have increased
The earuings from passengers have de¬
creased
The earnings from mails, express, and mis¬
cellaneous have decreased
Total
earnings
Expenses of maintenance
and operation
Net earnings and charged above as part of inter¬
est on investments
$254 77
153 38—
408
$1,150
Total increase of earnings on all lines
The expenses
—
of maintenance and operation
on
decreased
27,795
a
total net increase of earnings
on
all lines of
—
40,526
The President remarks in his report:
“
This exhibit of results, constituting so material an improve¬
ment upon the past, is still further enhanced by the fact that
the effective condition and substantial value of the company’s
properties have been at the same time materially improved.
“The volume of traffic—both passenger and freight, and
especially the latter—shows a very encouraging growth. The
total gross tons of freight transported are 354,521 tons, as
against 282,730 tons for the previous year; an increase of
71,791 tons, or 25*4 per cent. The mile tons for the year are
47,144,636, as against 33,350,176 for the previous year; an
increase of 13,794,460, or 41*4 per cent.
The total gross earn¬
ings from freight traffic are $1,145,373, against $956,634 for the
previous year; an increase of $188,739, or 19*7 per cent.
Of this increase, about 75*7 per cent in earnings is derived
from through freights, and is due in part to the improved
facilities for handling this class of traffic which have been
effected, but also largely to the satisfactory connections with
the Charlotte Columbia & Augusta Railroaa established in the
fall of 1878, as reported to your last meeting, by which an
addition to the freight traffic alone of $93,722 was received.
The local and connection freights of the Richmond & Danville
Railroad have also yielded increased revenues of $62,995 ; and
passenger trains on all lines have produced increased earnings
“
last year of $35,728, as shown above.”
The ratio of expenses to earnings on all lines
over
56*3 per
for the year is
cent.
/GENERAL ACCOUNT, SEPT. 30, 1879.
Dr.
To capital stock
To balance due State of Virginia “ $600,000 loan”
To bonds guaranteed by State of Virginia, first
mortgage on ten miles of road
To bonds, second mortgage, outstanding
To bonds, consolidated mortgage, issued
third mortgage
$3366,400
508,486
$109,400
3,000
in 1867,
bonds, general mortgage, gold
1,766,900
1,728,000
3,607,300
$73,165
57,537
September)
38,709
on
connecting lines, individuals, &o.f balances
•
.
21,454
By Milton & Sutherlin Narrow Gauge Railroad
stock
By J. N. Du Barry, in trust
By Greenville County bonds
By Spartanburg County bonds
By bills receivable
By supplies
on
Material
Wood
Crossties
$17,786
169,413
$11,250
11,395
64,502
28,171
115,319
$8,266,918
and bonds
$540,520
$39,241
$252,399
By cost of road property
$5379,033
By Piedmont Railroad Company
$174,834
By Piedmont Railroad stock.
1,491,000
By Northwestern North Carolina Railroad stock
$499,994
10,790
1,971
$224,603
all lines have
Cr.
598,603
$26,4'9
7,181
$1,558
Total increase of earnings on the Northwestern North
Carolina Railroad
$1,098,597
Northwestern North Carolina Railroad.
Earnings from freights.
Earnings from passengers
Earnings from mails, express and miscellaneous.
17,496
—
80,027
Total net revenues of Richmond & Danville and
Piedmont Railroad
$131,533
Total increase of earnings on tlic Richmond & Danville RR.. $156,211
The earnings from' freights nn the North Carolina
Railroad have increased
$55,647
The earnings from passengers have increased
10,864
The earuings from mail, express, aud miscellaneous
have increased
730—
67,241
Total increase of earnings on North Carolina RR
To
217,322
$187,565
Total
earnings
Amount of
,
260,000— 577,048
bonds unclaimed
To bridge and track to Tredegar Works
To North Carolina Railroad Co. (rent)
Richmond & Danville and Piedmont Railroad.
Earnings from freight
Earnings from passengers
Earnings from mail, express and miscellaneous..
10,604
60,000
^
Ealauce, excess of revenues over expenses and
liabilities ou all lines for the year
>...
To interest due
EARNINGS AND EXPENSES.
$216,444
Deduct reutal North Carolina Railroad
To Dills payable
To accounts payable
To payrolls (month of
(For (he year ending September 30, 1879.)
The annual report lately issued has the
following :
337,170
Total net revenues from all lines
Deduct interest on funded debt Richmond & Dan¬
ville Railroad.
Deduct interest on floating debt Richmond & Dan¬
ville Railroad
To
Richmond & Danville Railroad.
$561,264
:
Total net earnings of North Carolina Railroad....
Leaving
$53,214
204,302
39.314
Expenses of maintenance and operation
it
Balance, September 30,1878
Collections relating to previous years
$317,647
hand,
per
289,631
2,200
94,250
18.800
7,100
675
2,078,491
inventories:
’
1
;
$31,407
20,833
3,143
55,383
February 7,
THE CHRONICLE.
1S80. J
By connecting lines, individuals, Ac., balances..
By proiit and loss
By cash—in banks
in hands of
$102,109
The committee consists of Sir George Balfour, Mr. Hugh Fraser Sande-
93,136
man, Mr. H.
195,246
42,625
Pennsylvania & Ohio Railroad, shall be placed in the hands of
58,764
'
Total
$8,266,918
GENERAL INVESTMENT
Atchison & Nebraska.—This road is
NEWS.
Wollaston Blake, the Rev. J. Lockiugton Bates, and Mr.
Charles E. Lewis. The reorganization scheme provides that the admin¬
istration of the new company, which will be known as the New York
$16,138
agents, &c.
143
a
delega¬
tion or directors in London, who shall have full control of the expenditure and policy of the company. Five trustees are to exercise the
voting
power of the new stock until the third mortgage bondholders receive 7
per cent interest in cash during three years.
Three of these trustees are
to be chosen annually by a majority in value of the first mortgage bond¬
holders,
one
by the second mortgage bondholders, and the firth by the
leased line bondholders. All creations of new mortgages, exoept as pro¬
vided for to carry out the reconstruction, and all leases of every nature
must bo assented to by a majority in value of the first and second mort¬
gage bonds. The leases and agreement for leases are to be modified in
accordance with the provisions of the reorganization plau.
The new securities and stock of the reorganized company are to be
issued upon the following basis: (1.) New first mortgage 25 year bonds
to bear 5 per cent interest for the first 5 years and 7 per cent thereafter,
whatever portion of this that may nor be earned to be payable in
deferred warrants, to be capitalized in bonds of the same class; pay¬
ment of interest to become absolute not later than July 1,1886, until
which time tho right to foreclose the mortgage is suspended. These
bonds are to be issued for the conversion of the existing first mortgage
completed and in
operation to David City, Butler County, Nebraska. The grad¬
ing is nearly completed to Columbus, Nebraska, where a
junction with the Union Pacific is effected. The road will
reach that point in February.
Atchison, Topeka & Santa Fe—Denver & Rio Grande.—It
is announced that the long-pending difficulties between these
rival companies have finally been settled. The Denver & Rio
Grande has been for some time past in the hands of a receiver,
pending the litigation. It was leased to the Atchison, Topeka & bonds, reorganization stock, with 25 per cent bonus and interest and for
Santa Fe Company in 1878 ; but the parties disagreed, and ap¬ unpaid coupons. The amount of the reorganization stock is very small.
(2.) Second mortgage 30 year bonds, to receive 5 per cent per annum, or
pealed to the Courts, where the suits were still pending. The as much of the same as may be earned within the year after the first
terms of mutual agreement, by which the suits will be termin¬
mortgage bonds have received their interest in cash, the right of fore¬
to be suspended until Sept. 1, 1886. These new bonds are to be
ated, are reported to be that the Atchison, Topeka & Santa Fe closure in
issued
exchange for the old second mortgage bonds and unpaid
Company relinquishes the lease of the Denver & Rio Grande, coupons. (3.)
Third
35-year bonds, bearing 5 per cent interest,
and consents to the restoration of the latter company’s stock. after the payment of mortgage
interest on the first and second mortgages, for the
The Denver & Rio Grande goes back to its owners, and the conversion of existing third mortgage bonds. (4.) Preforrod stock, to
receive 1 per cent per annum, if earned within the year,
the third
company is to have the line* to 'Leadville (through the Grand mortgage bonds have received 5 per cent in cash, to take after
up the present
Canon) upon the payment of the cost of the road already preferred stock. (5.) Common stock, to receive 1 per cent after the pay¬
built by the Atchison Company, and $400,000 in addition. The ment of 1 per cent on the preferred stock, to be exebangod for the old
latter company has completed about 20 miles of the road, and common stock. The surplus revenue remaining after these payments is
to be applied to increasing the interest to 7 per cent on the new mort¬
the grading for the rest of the way.
gage bonds in succession and to 5 per cent dividends on the new pre¬
The Denver & Rio Grande is to stop the construction o * its ferred stock.
now
Pueblo and St. Louis line east from Pueblo. Its extension into
New Mexico is to be built only to a point half-way be¬
R.The terms for the conversion of the leased lines’ rental trust bonds are
as follows: (1.) The leased lines’ bonds of 1872 are to receive 4 per
cent for the first three years; 5 per cent thereafter for six years, and
Conejos and Santa Fe.
The Atchison Topeka &
Company agrees not to build to Denver or Lead¬
ville, or to any other point on or west of the Denver &
Rio Grande Railroad. An equal division of the Leadville, San
tween
6 per cent thereafter until maturity.
(2.) The leased lines’ bonds of
1873 are to receive the net profits up to 7 per cent, (but not less than 2
per cent, during the first two years) arising from the working of the
lines whose securities are held by trustees. The amount due under the
Santa Fe
guarantee of these bonds by the Erie Company of 7 p6r cent, beginning
Juan and other Southern Colorado business from the Denver &
Rio Grande, is to be made between the two companies at Pueblo.
The Atchison Topeka and Santa Fe will also receive one quar¬
ter of the Denver traffic with the Missouri River and eastern
Januarv 1,1876, to be applied, when received, towards the full pay¬
ment or the coupons.
In addition to the above mentioned arrangement, the reorganization
scheme piovidos for the issue of $10,000,000 6 per cent, bonds, having
a first lien upon the whole property of the company, in order to provide
means
for reducing tbo*=road to the standard gauge, for the pay¬
ment or exchange of that portion of the so called Ohio first mortgage
bonds, amounting to $2,416,306, which were due onOotoborl, 1876.
for the repayment of the amount borrowed from the leased lines of
1873, and for necessary reorganization purposes.
The Atlantic & Great Western Company, as reorganized, will have the
following funded debt, exclusive of arrearages of interest;
Prior lien bonds
$10,000,000
First mortgage bonds
18,000,000
Second mortgage bonds
12,000,000
Third mortgage bonds
,29,000,000
points. The Atchison Topeka & Santa Fe Compan}r reserves
the right to build a line of about thirty-three miles in length
to its coal mines in Colorado, for coal trains only, the coal to be
used for its own purposes and for sale down the Arkansas Val¬
ley. The agreement is to be binding for ten years, and a judi¬
cial decree is at once to be entered to affirm this settlement.
—In the suit before the U. S. Supreme Court at Washington
a decision was rendered Feb. 2.
The court denied the petition
for a mandamus upon the ground that as to the substantial
complained of by the Denver & Rio Grande Company,
was at liberty to exercise its judicial dis¬
cretion, and that in such cases the remedy for errors committed
was by appeal and not by mandamus.
Atchison Topeka & Santa Fe— >t. Louis & San Francisco.—
The agreement between these companies was signed January
Leased lmos bonds (two classes)
matters
the Circuit Court
31.
The extension under the terms of consolidation is to be
begun immediately from Albuquerque to San Francisco, and the
to be consolidated under the title of the Atlantic
Railroad Company, consolidated. The following
directors were elected : Thomas Nickerson, E. Winslow, James
two roads
are
& Pacific
D. Fish, Jesse Seligman, Frederick Butterfield, James Baker,
Francis B. Hayes, William F. Buckley, T. J. Coolidge, George
B. Wilbur, Isaac T. Burr, Charles J. Paine, George C. Lord. At
a subsequent meeting the following gentlemen were elected
officers: Thos. Nickerson, Boston, President; E. F. Winslow,
Vice-President and General Manager. Messrs. J. & W. Selig¬
man were
appointed fiscal agents.
Atlantic & Great Western,—The recent sale of this road
in foreclosure has been confirmed bv the Court in Ohio. The
American Exchange lately reported that a pool had been formed
to purchase a majority of the common
and says: “ Two weeks ago the common
about 8, but on Saturday last sales were
10,000,000
$79,000,000
Total
The
preferred stock amounts to about $10,000,000, and the
common
stock,
as
stated, to $25,000,000.
5, announces the settle¬
A telegram from Cincinnati, Feb.
ment of the suit of the United States
Rolling Stock Company
against the Atlantic & Great Western Company, for the rental
j of rolling stock, &c. The amount involved is ’between $1,200,000 and $1,400,000. By the terms of the settlement, the Atlantic
& Great Western will purchase all of the rolling stock at present
leased from the United States Rolling Stock Company.
Central of Georgia.—A Savannah report says that the
directors of this company have passed resolutions rescinding
the proposed lease to the Nashville Chattanooga & St. Louis
Company.
,
Chicago & Padncah.—At Springfield, Ill., Jan. 28, an order
was entered in the United States Circuit Court approving the
agreement made between Eugene Ellery, Receiver oi the
Chicago & Paducah Railroad, and the Wabash, St. Louis &
Pacific Railroad, all the parties in interest appearing by coun¬
sel and consenting thereto. The Court orders the Receiver to
deliver the railroad and property to the Wabash, St. Louis &
Pacific, which will be required to deliver the property when
sold to the purchaser (which will be themselves). Tne Wabash
took possession Feb. 1, and pays a monthly rental of $3,000.
The sale of the road will take place at Chicago April 6.
Chicago Pekin & Sonthwestern —Receiver S. B. Reed filed
his report for December, which is as follows :
Receipts
$41,983
.
stock of this company,
shares were quoted at
made as high as 13%.
The common stock is now quoted above the preferred stock,
which has been selling for aboirt 1*2'^. It is said that a pool,
composed of some large bankers a nd n avy capitalists, has been
formed to purchase a majority of the company’s common shares.
Although the reorganization scheme of the Atlantic & Great
Western Company, under which, at foreclosure sale, the road
Expenses—
•
i
was sold some weeks ago, deprives the common stock of its vot¬
Operating expenses
$21,136
2,585
ing power for a certain period, it is said that the * pool’ contem¬ New freight cars
2,515
plates an attempt to amend the scheme and restore the voting Receivers’ certificates
Freight earnings
1,817
power to the common stockholders. If this is accomplished, Passenger earnitiss
550
with a majority of the shares in their hands, the members of the Agent’s draft for hack charges
:
200
-.
12,083—• 40,888
pool will control the reorganized property. The common stock Account of F. E. Hinckley
of the Atlantic & Great Western is $25,000,000, divided into
Balance.
$1,096
500,000 shares of $50 each. It is said that not more than 20,000 Balance at last report
15,713
or 25,000 are held in this country, but, in consequence of recent
Total balance
$16,819
heavy purchases, about 250,000 shares, it is estimated, will arrive
from England during February. It is said that the ‘pool’ con¬
Chicago Milwaukee & St. Paul.—It is reported that this
templates an attempt to make other railroad connections with company has purchased the Hastings & Dakota Railroad, and
New York than were proposed some time ago, by building from will issue about two million of bonds to pay for the property.
—It is also said in the Chicago papers that a survey has just
Salamanca to the Philadelphia & Reading Railroad, and then
reaching this city over that road and the Central Railroad of been completed between Byron, which is the western terminus
New Jersey and its leased lines.” The reorganization scheme, as of the Chicago & Pacific Railroad, to Freeport, a distance of
revised and accepted by agreement between the committee of twenty-seven miles, and it is proposed to build an extension to
bondholders and Mr. James McHenry, the London banker, is connect these two points as .soon as the Chicago Milwaukee &
[ St. Paul Railroad Company gains control of the road, which.
substantially as follows;
i
.
THE CHRONICLE
144
now seems
fic by the
tiation.
The purchase of the Chicago & Paci¬
Milwaukee & St. Paul road has been under nego¬
quite likely.
Cincinnati Sandusky & Cleveland.—Under the agreement
with the bondholders, the receivership of this road has been
terminated.
Connecticut
Talley.—The first mortgage bondholders met in
Hartford, Conn., Feb. 3, and organized the Hartford & Con¬
necticut Valley
Company, as successor to this company, under
the special act of the Legislature passed last year. It was
resolved that the capital stock should be not less than $5C0.000
$1,200,000.
or over
The amount of the first mortgage bonds
[Voi,. XXX.
912; gross receipts, $2,239,489; operating expenses, $1,171,339; net
earnings, $1,068,149.
Metropolitan—Miles operated, 7; passengers carried, 16,069,489;
Soss
receipts, $1,285,980; operating expenses, $709,524; net earngs, $576,455.
During the four months ending January 5,1880, their record
follows:
(
New York Elevated—Miles operated. 14; gross receipts,
operatiug expenses, $291,400; net earnings, $640,721.
Metropolitan—Miles operated, 11; gross receipts,
expenses, $185,836 ; net earnings, $303,423.
Mr. Sweet, in conclusion, says: “The earnings of
the last four months show a large increase in
expenses reduced to 31 per cent.”
Milwaukee Lake Shore
was as
$922,121;
$589,260; operating
the Metropolitan for
earnings, and operating
& Western.—The
branch
from
Hortonville, Wis., to Oshkosh, was completed January 24. It
was $1,000,000.
is 22miles long,
andjll^ miles of track were laid on it in
Eastern (Mass.)—The following is the statement of the gross 1879.
Work is also progressing actively on the extension
earnings of the Eastern Railroad of Massachusetts for the first from Tigerton, Wis., northwest.
three months of the fiscal year:
Northern Pacific.—The following is a comparative state¬
1879.
'
Gain.
1878.
ment
of the earnings of this road :
October
$230,567
$248,629
$18,062
November
190,550
216,7*>7
26,217
Becember
175,672
217,893
42,220
$596,790
$683,290
$86,500
Total
per
cent increase in three months.
Galveston Harrisburg & San Antonio.—This company is
1878.
1879.
January
$38,432
February....
41,740
March..
57,844
April
101,482
May
148,679
204,194
130,060
198,744
June
1878.
$37,014 July....:..
44.658
108,975
115,656
August
September.
October....
November..
December..
1879.
$123,027
$192,324
123,133
134,081
152,146
102,591
62,470
210,927
270,666
295,069
210,454
108,818
Tot’l second
preparing to extend its road from San Antonio, Texas, to Total first six
El Paso, and also build a branch to Eagle Pass, or some other
months.; ..$518,241 $709,243
6months. $697,451 $1,287,260
point on the Rio Grande.
Total for year
.$1,215,692 $1.997,503Galveston Houston & Henderson.—A summary of this com¬ Increase
782,693
pany’s operations in 1879 is given as below. It has been reported
Northwestern Grand Trunk.—This road has been finished
that the late difficulties were adjusted, and that a second mort¬ in Illinois,
completing the Grand Trunk line through to
gage will be given to fund any past due coupons yet unpaid.
Chicago. The new road from Valparaiso to Thornton is 30
The earnings were as follows :
miles long.
1879.
1878.
—A special meeting of the stockholders of the company has
Gross earnings
$536,847
$195,440
been
called to meet in Chicago, March 25, to consider the ques¬
307,287
310,845
Expenses
tion of consolidating this corporation and its railroad, stock,,
Net earnings
$229,560
$184,595 property and franchises
with the Indiana RR. Co., the Michi¬
Grayville & Mattoon.—It is said that this road has been sold gan RR. Co., the Chicago & Northwestern RR. Co. and the
to the Peoria Decatur & Evansville Company. It runs from Northwestern Grand Trunk RR. Co. (in Michigan), and whether
or not an agreement in this behalf, which has been executed by
Mattoon, Ill., to Parkersburg, 73 miles.
Houston & Texas Central.—Following is a comparative authority of the directors, subject to the stockholders’ consent,
statement of the earnings and expenses of this railroad for the shall be ratified and approved; and to determine whether or
not this company shall issue its bonds in the sum of $20,000 per
month of December and the years 1878 and 1879 :
mile of its road, to be secured by mortgage on its property and
December
Whole year
/
s
1878.
.
s
1878.
1879.
.-....$380,477
$382,230
$2,920,996
$3,205,684
168,032
163,540
1,752,039
1,773,771
earnings.. $212,445
$218,690
$1,168,957
$1,431,913
Earnings
Expenses
Net
1879.
Jersey City & Albany.—It is reported that General Burt and
his associates in Boston have purchased the deeds and maps of
the Jersey City & Albany Railroad, paying $110,000 therefor,
which includes the possessions of that corporation.
These
were sold recently by Chancellor Runyon of New Jersey,
acting
as referee.
The vested rights of the Jersey City & Albany
Railroad were consolidated with the New York West Shore &
franchises.
Ogdensburg & Lake Champlain.—The executive committee
a circular for the reorganization of the company.
It is proposed to give the income bonds and the first consoli¬
dated mortgage bonds voting power equally with the common
stock—one vote upon each $100 of bonds. Bonds exchanged or
sold to purchase preferred stock will commence to bear interest
at six per cent from. and after October 1, 1880, the back divi¬
dends on preferred stock being figured up to that time. Under
this plan the amount to be placed upon the market will be
about $1,129,000. Stockholders or others wishing to subscribe
will have the right to do so until March 1, 1880. A petition is
to be made to the Legislature immediately for authority to
have issued
Chicago Railroad. The deeds have been recorded in the follow¬
ing counties, through which it is proposed to extend the line :
Bergen and Hudson, in New Jersey ; Rockland, Orange, Ulster, issue the bonds as above stated.
Greene, Sullivan, Albany, Schenectady, Montgomery, Herki¬
Ohio & Mississippi.—A Chicago Tribune dispatch of January
mer, Oneida, and Madison counties, in New York.
28 said that Z. J. McCauly, of Clay County, Ill., the local
Louisville & Nashville.—It is stated that this company has attorney of the Ohio & Miss. Railway Company, had filed a*
executed a new mortgage for $2,400,000, covering its line from trust-deed of $4,181,120, covering all its real and personal
Nashville to Hendersonville, formerly part of the St. Louis & property, with Allan Campbell, of New York, and Robert Gar¬
Southeastern road.
rett, of Baltimore, trustees. This was said to be in lieu and by
It now appears that the control of the Nashville Chattanooga virtue of the second mortgage deed of 1871. S. U. F. Odell,
& St. Louis lines will not give such control of the Georgia one of the old trustees, died, and Mr. Garrett applied for the
roads as expected.
The Georgia Central lease has been appointment as trustee, but his application last October to the
rescinded, and the control of the Western & Atlantic lease is court was refused, and his amended application a few weeks ago
said not to be secured by the purchase.
was also denied and opposed
by the lawyers of the co-trustee,
Manhattan Elevated—Metropolitan Elevated—New York Mr. Campbell. But now it is alleged that his appointment was
Elevated.—Mr. Elnathan Sweet, Jr., an assistant of the State made and agreed upon between the representatives of the
Engineer, has just made a report on the result of an examina¬ holders of the second consolidated mortgage bonds and the
tion of the Elevated Railroads of New York, which he was Directors of the Company, at a meeting held in Cincinnati,
requested to make by a sub-committee of the Hepburn Investi¬ January 3. •
The bondholders of the Springfield Division began foreclos¬
gating Committee.
ure
proceedings through the Farmers’ Loan & Trust Company,,
The Tribune despatch says:
and in the expectation of a decree in their favor an attempt
Tbe aggregate cash cost to the New York Elevated of its roads
completed may be stated as follows: Cost prior to September 30, was recently made to put a third mortgage on the Ohio & Mis¬
1879, $7,302,791 ;
paid
Manhattan
Company for
completing sissippi Railway, but the stockholders would not sanction it.
construction and equipment, $1,416,246; total, $8,719,038.
Mr. The
Springfield Division bondholders say that this new mort¬
Sweet judges that the allowance to the Manhattan Company is
such a liberal one that there will probably be in its hands, after com¬
gage covers all the property owned by the Ohio & Mississippi
pleting the road, a surplus of $344,897; so that the total actual in Illinois, and is intended to interfere with the collection of
cost for the present lines of the New York Elevated will be $8,374,140.
judgment, should the present foreclosure proceedings result in
The New York Loan and Improvement Company expended in the con¬
their favor. Judge Drummond, of the United States Court at
struction of the Metropolitan Elevated Railway up to September 30,
1879, the sum of $10,829,790. It is Mr. Sweet’s opinion that $2,228,042 Chicago, appointed Judge Howe referee in the case, and he was
of this sum is not chargeable properly to the construction account. It
to hear argument at Cincinnati Feb. 5 as to the conduct of the
is made up of items for legal expenses, for the purchase of real estate,
Ohio & Mississippi Company in its management of the Springand other charges of like character. There is an item of
$415,000
charged to bond discount. This represents the loss on $3,605,000 in field property.
bonds of the Metropolitan Company sold to Kuhn, Loeb & Co.,$1,000,000
Wabash St. Louis & Pacific.—The World reports that “ Jay
at 85 per cent and the rest at 90 per cent. Not more than
10per cent
of the real estate, charged at $693,833, is needed on account of the
Gould, on behalf of the Wabash & Pacific Railroad, has ac¬
consolidation with the New York Elevated Road. The cost of the Metro¬
quired the Sycamore and Conrtland and the East St. Louis &
politan in every item except that of the road structure was greater than Carondelet
Railroads, which will be merged into the Wabash,
that of the New York Elevated. The cost of each foundation of the
former was $468; that of the latter only $201.
system. An officer of the Wabash & Pacific said that the capi¬
In one part of his report Mr. Sweet says: “ Let us see what the New
tal stock of the Sycamore & Carondelet was $40,000, and that
York Loan and Improvement Company paid for $6,500,000 of Manliatthe road was bonded at the rate of $5,000 a mile. It was pro¬
tad stock, $8,500,000 of the first, mortgage bonds and $6,500,000 of the
posed to extend it to Portage City, Wis., via the Chicago &
stock of the Metropolitan Company, representing the whole
property
and the only lien upon it.”
Mr. Sweet then analyzes the financial state¬ Iowa Railroad, and thence to Aurora, Ill. At that point a short
ments of the company, and comes to the conclusion that
they paid for connection will be made with Joliet and thence to Logansport,.
the above named securities $9,639,142.
to tap the Wabash & Pacific. The East St. Louis & Carondelet,.
A tabulated statement shows that
during the year ending October 30,
or
1879, the record of the roads was as follows :
Coulogne road connects with the Vulcan Ironworks by a
New York Elevated—Miles operated, 13;
passengers carried, 29,875,- steam ferry, and taps the mineral lands of that section.”
.
February
THE CHRONICLE.
7, 1880.]
145
O O T T O N
|l\w (^onxmiercial %iwcs.
.
Friday, P. M.,
February 6, 1880.
by our telegrams
the week ending
CO A1MERG i AL EPITOME.
this evening (Feb. 6), the total receipts have reached 112,363
Friday Night, February 6, 1880.
bales, against 137,191 bales last week, 168,280 bales the* previous
Tlie activity in trade with which the New Year opened has week, and 129,489 bales three weeks since, making the total
not been fully sustained. Exports have been checked, owing receipts since the 1st of September, 1879, 3,863,664 bales, against
3,441,348 bales for the same period of 1878-9, showing an increase
to the speculative values at which leading staples are held, and
since September 1, 1879, of 422,316 bales. The details of the
this causes severe depression to the shipping interest, which
receipts for this week (as per telegraph) and for the corresponding
reacts upon other branches of trade. We have at length,severe weeks of four previous years are as follows:
winter weather in middle latitudes, accompanied by a storm1 Receipts this w’k at
1878.
1877.
1879.
1880.
1876.
which caused Inany disasters by land and sea.
The lower tem¬ New Orleans
58,359
63,880
56,746
42,593
74,736
perature, however, is believed to remove danger of a short crop3 Mobile
11,892
16,326
15,852
10,830
8,835
of ice, and also to lessen the liability to unseasonable weatherp Charleston
9,288
5,367
12,657
6,678
5,688
392
973
930
2,146
1,411
in the spring months ; and in these regards is therefore accept¬ Port Royal, &c
The Movement op the Crop, as indicated
from the South to-night, is given below.
For
-
Savannah
able.
.
c
following is a statement of the stocks at New York of
leading articles of domestic and foreign merchandise at dates3
given:
The
bbls.
tcs. and bbls.
Pork
Beef
Lard
1880.
Jan. 2.
74.274
7,484
bales.
25,246
41.934
Tobacco, domestic
lilids.
Coffee, Rio...
Coffee, other
bags. 223,049
bags. 52,400
mats. 37,900
lilids. 33,481
boxes. 10,673
bags, &c. 660,600
Coffee, Java* &c
Sugar
Sugar
Sugar
Melado
Molasses, foreign
Molasses, domestic
lilids.
bbls.
Hides....
Cotton
Rosin
...No.
92,446>
13,736
19,501
11,518
8.015
bags.
.bbls. and. tcs.
3,475
1,176
1,750
Nme.
20.600
Jute.
Jute butts
Manila hemp
bales.
bales
8,500
1,656
23,503
20,346
.
bales.
:
6.200
6,700
3,186
26,7*9
32,800
1,306
19,259
13,500
dull trade.
To-day
$12 65@$12 75 for March,
improvement, but became w
for the future
were
Lard
a lie
1878-79.
1879-80.
1
.
Increase.
21,309,000
lbs.
19,417,400
.lbs.202,785,400
lbs. 90,785,733
232,142,244
313,988,427
359,908,727
........
100,450,883
........
Decrease.
1,952,200
28,350,950
15,071,150
week of last
14%c. for fair cargoes, with
Mild grades
have,
very
as a
Kentucky tobacco has been less active, the sales for the week
aggregating 800 hhds., of which 700 for export and 100 for
Prices, however, remain firm at the late
advance; lugs are quoted at 4@5^c., and leaf, 6@12c. Seed
leaf has also been quiet, and sales for the week are only 1,111
consumption.
Pennsylvania crop of 1878, 9^@
22c ; 250 cases New England crop of 1878, ll@22c.; 50 cases New
England crop of 1877, and (51 cases Ohio crop of 1878 on private
terms. The movement in Spanish tobacco continues free, and
as
follows: 750
cases
sales are 800 bales Havana at 80c.@$110.
Ocean freights have been dull, and in the course of
week some of the lowest rates in many years have
cepted.
But there
was some
the past
been
improvement to-day.
ac¬
t?Naval stores are without important change. Petroleum has
^advanced ; refined was firm at 8c., but certificates were offered
at $1 10, a decline. Hides and leather are steadier.
Metals
.
.are
quiet, except for steel rail.
847
19S
893
678
112,363
171,608
137,138
140,006
118,582
EXPORTED TO—
N. Orl’ns
m
CharTt’n
m
m
8,493
4,627
Sa van’ll.
•
Galv’t’n-
•
•
•
N. York.
Norfolk-
4,201
....
Other*..
7,111
....
•
•
•
1879.'
21,703
1,300
7,135
3,926
1,009
1,300
11,762
3,926
8,613
3,729
4,201
8,411
17,071
63,645
....
7,604
2,738
Week
1,300
....
•
145
846
...
STOCK.
Same
1,555
3.420
....
m
Total
this
Week.
Conti¬
nent.
France.
16,728
Mobile..
43,009
1880.
1879.
34,617 350,179 384,892
9,963
7,648
67,826
53,213
46,341 64,254
77,833 74,153
70,923 77,395
264,470 155,825
36,365 25,294
66,000 33,000
6,296
20,688
6,661
7,688
9,896
3,565
103,457 979,937 868,026
1444,571 215,960 508,820 2169,351 2060,823
Domestic lead sold at 6c.
m
•
m m m
•m mmm
the head of “ other ports” include, from Balti¬
1,270 bales to Liverpool and 1,300 bales to Bremen ; from Boston, 1,542
bales to Liverpool; from Philadelphia, 055 bales to Liverpool; and from Port
Royal, 3,644 bales to Liverpool.
*
The exports this week under
more,
From the foregoing statement it will he seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 39,812 bales, while the stocks to-night
111,911 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
are
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale &
Lambert. 60 Beaver street :
On
Feb.
6, at—
Liver¬
Shipboard, not cleared—for
France.
pool.
i
closes at 954c. Tea has been dull and more or less depressed ;
the auction sales of late have resulted in a slight decline.
-cases,
1,099
14,056
season.
Week
45,980,300
rule, been quite
dull, and even of Maracaibo, the most active of any description
on the list, the sales have reached but 3,500 bags for the week;
prices have remained nominally unchanged. Bice has been in
good demand and firm at unchanged prices. New Orleans has
been fairly active and firmer, but foreign, owing to the small¬
ness of the supply, has been very quiet, and for the most part
nominal. Baw sugar, after declining to 7%@75/6c. for fair to
.good refining, became more active, and at the close is steady.
Refined has been only fairly active at the best, and crushed
home
303
Tot.sinoe
Nov. 1 to Jan. 31:
moderate transactions.
549
3,368
16,856
♦
at $7 (
Bio coffee has remained at
6S1
2,554
9,175
1,261
exports ior me weeii euumg tuio evening xenon a total ox
week..
quiet. Cutmeats have rather favo‘red buyers. Beef is
dull, owing to the detention of shipping awaiting freights
Tallow is selling at 6/6@6%c. for prime, and stearine is dull at
7M@8c. Butter and cheese have been in good demand, at full
prices. The number of hogs packed last week was 285,109
against 392,379 for the corresponding week last year. The
following is a comparative summary of aggregate exports, from
Total
681
3,942
Tot. this
opened
closes
Lard....
1,901
1,622
11,192
63,645 bales, of which 43,009 were to Great Britain, 3,565 to
France, and 17,071 to rest of the Continent, while the stocks as
made up this evening are now 9 <9,937 bales.
Below are the
stocks and exports for the week, and also for the corresponding
Sept. 1.
Pork
Bacon
9,410
12,421
Total since Sept. 1. 3,863,664 3,441,348 3,254,879 3,287,204 3,184,766
Great
1,714
4,200;
3,500
.bags.
...
Britain.
1,559
5,500
Saltpetre
*
Total this week
Feb. 6.
7,770
i
11,761
City Point, &o
ending
.
978
None,
13,014
Norfolk
10,000
96,000
256,595
56,409
'
6,619
bags.
544
14,040
Florida
»
bbls.
Linseed
229
17,153
53
500,000
1,730
3,405
25,000
167,650
150,966
30,794
3,991
7,000
41,800
199
15,178
15,574
7,469
38.516
9,371
627,000
262
190
12,307
11,276
North Carolina
24,045»
....bbls.
Tar
a
57,459j
4,5222
67,100)
4,597
Spirits turpentine
and
Feb. 1,
29,758
bales. 149,857
..bbls.
56,642
Rice, E. I
Rice, domestic
Feb. 1.
103
lilids.
^
1879.
69,989
7,858
93,995
28,095
37,567
173,543
63,300
35,200
tcs! 109,068
Tobacco, foreign
1880.
8,477
13,197
13,355
18,112
•
Galveston
Indianola, &c
Tennessee, &c
44,034
New Orleans
Mobile
Charleston
Savannah
Galveston
New York.
Other ports
12,100
6,069
|
Total
23,499
1,800
800
10,100
12,402
1,700
9,000
None.
*None.
None.
95,455
27,499
1,400
Foreign
Coast¬
wise.
25,102
2,436
5,900
1,655
13,300
4,831
1,000
2,500
1,262
None.
None.
1,000
3,000
52,288
10,448
Other
♦Included in this amount theie are 500 bales
the destination of which we cannot learn.
Leaving
Stock.
Total.
250
|
95,121
20,800
8,774
27,800
18,495
*2,200
13,000
255,058
47,026
37,567
50,033
52,428
262,270
89,365
186,190
793,747
at presses for foreign ports,
of
The following is our usual table showing the movement
cotton at all the ports from Sept. 1 to Jan. 30, the latest mail dates:
Ports.
receipts since
sept. 1.
1879.
N.Orlns 1058,091
Mobile. 293,916
Char’n*
408,906
Sav’li..
Florida
620,959
384,509
122,455
14,795
N. Car.
91.444
Norf’k*
563,286
Other..
192,940
Galv.*.
N. York
This yr. 3751,301
Last ye ar
1878.
759,288
278,933
445,629
591,079
441,909
exported since sept. 1 to—
Great
Britain.
France.
Other
Foreign
Stock.
Total.
9
469,727 144,290 130,295
3,100
6,791
40,354
105,266 12,664 125.469
145,617 10,147 156,320
136,289 19,761 24,033
744.312 333,331
35,131
249,332 237,391
99,424
196,941
42,006
110,705
408,324
92,43S
22,668
155,161
129,539
•
•
•
•
1401,562
17,260
1,479
—
67,547
53,849
312,084
72,776
180,086
74,020
50,245
....
......
28,507
3.318, 159,958
8,482
....
....
238,399
5,839
13,244
37,462
54,500
142,783
212,3951491,749 2105,706 939,358
3269,740 1152.270 268,195
l
536.901!1957,366
823,300
Under the heal of Charleston is included Port Royal, Ac.; under the head of
Galveston is included Indianola. Ac.; under the head of Norfolk is included City
Point, Ac.
*
/
4
0
.
v
0
0
7
0..0
5
.
4
0
0
1
.
2
002
1
1.40 .
146
1
.
4
0
.
.00.000
0
5
9
v
,
1
.
1
7.1 30.
TfiE CHRONICLE.
The market for the past week
opened with considerable buoy¬
ancy of tone, growing out of the reduced movement of the
crop,
the strong accounts from Manchester and
Liverpool,
the
statis¬
tical position, and the
publication in the last Chronicle show¬
ing a greatly increased consumption of cotton by the mills of
Cheat Britain.
But the advance was not
[Voi. XXX.
,0
.0000049790..27113IH,4,20i .801
. 30.
sustained, and the close
Wednesday was at some decline from the previous Friday.
The depression was due to free
offerings on the part of
houses, not so much with the view of breaking down leading
prices as
to test their
strength. It was said that the buyers for the rise
were
chiefly small operators, who were unable to maintain
themselves under any strong pressure, and such
proved to be the
case.
Yesterday, the market opened weak, but the reduced
Bales.
11,200
l'h’-'OO
9,100.
0104.37719459524..13876591
bales, including
2.700
3,200
3,500
5,400
U»,700
0,000
4,800
l,0i0
4,600
NEW ORLEANS.
Mon Tues
1114
1159
Strict Ord.. 11%
11%
Good Ord.. 1115,6 12116
Str. G’d Orel 12316
12*16
Low Midd’g 12%
125s
12}l6
12°ig
125s
Btr.L’wMid 1*2Hi6 12l3i6 121316
Middling... 12% 13
13
Good Mid
13*8
1314
13%
Str. G’d Mid 13%
13*2
13%
Midd’g Fair 13% 14
14
Fair
1458
14%
14%
..
Wed
Th.
Ordin’y.^tt) 11*4
Strict Ord.
Good Ord..
Str. G’d Ord
Low Midd’g
Str.L’w Mid
Fri.
11*4
115e
115s
11%
11
58
12116 121X6 12%6
12°i6 12516 12*16
1258
12%
1250
Sat.
11%
115s
12% 6
1158
12° 16
12 5g
Mon Tues
900
800
800
1.000
2,500
0
4,000...
11%
11%
1138
11 34
11%
11%
11%
11%
11%
1134
123x6 12316 121x6 12316 12316
127ie 127,6 12*16 127x6 127i6
12%
12%
13%
1338
14
14%
Wed
Midd’g Fair
14
Fair........ 1434
13%
13*2
13%
13%
14
14
14%
1434
STAINED.
Good Ordinary
Strict Good Ordinary
Low Middling
200
13-79
.13-80
13 81
18-82
.13-83
.13-54
.13 85
1380
.13 87
13-88
.13-59
700
600
800
600
The
The
872
Tues. Quiet
Wed
Quiet
.
841
450
Thurs Quiet and steady.
Fri.
Nominal
400
.
Th.
Total
....
..............
2,563
123x6
12%
12%
123x6 123x6 12316 123x6
12716 12 <16 12716 127x6
11%
11%
11%
1134
12%
11%
11%
12%
1234
13%
13%
1338
1338
13%
13%
14%
11%
13%
13%
14%
14%
13%
13%
14%
14%
13%
14%
14%
13%
13%
14%
14%
14%
14%
1,636
Mon Tues Wed
Th.
Fri.
12%
12%
12%
12»i«
129x6
129,6 129lfi
132
273
12%
FUTURES.
Deliv¬
eries.
Sales.
133,400
400
1,173 184,000
600
....
361 131,800
1,400
1,292 131,300
820 152,200
691 162,500
300
1,600
1,200
4,472 885,200
The daily deliveries given above are
actually delivered the
vious to that on which they are reported.
5,500
day
For
High.
Feb’ry.
March
.
April...
May
...
Day.
Low.
Closing.
For
Bid. Ask
High.
Day.
Low.
13 04-12-89 13-03 04
13-20-13T3
13*34-13-17 13-32 33 13-49-13*36
13-55-13-42 13-53 54 13-70-13-58
13*75-13-64 13-72 73 13-91-13-77
June... 13-90-13 79 13*90
July
1400-13*90 14*00
August. 14*10-14*00 1410
Sept’br. 13*40-13*35 13-43
October 12-65-12*61 12-65
Nov’ber 12*17-12*10 12*15
Dec’ber 12.20-12*17
Tr. ord.
13*05
Closed
Firm.
...
—
91 14-09-13-96
02 1419-1405
12 14-29-14-13
47 13-53-13*47
70 12*77-12*73
20 12*34-12.23
£00
100
100
400
300
000
100
100
Cts.
200 s.n.5 h.13-12
400 s.n 5th.in3
200
13-13
100 s.n.4tu 13-14
200s.l.5 h 13-14
200
13*14
400
13-15
800 ‘.n.4th.13-10
2,300
13-16
100 s.n.3d.. 13-17
12-93
s.n.3d.. 12 95
B.n.5.b.12-95
12-95
s.n.5th. 12-90
12-96
1,100.
7'*'.12-07
s.n.9th,12-97
700
12-97
1298
1,0<0
12-99
300 s.n.uii. 13 00
100 s.n.7th. 13 00
200 s.n. 9ih. 13 00
24,000
400
500
s.n.
1,300
.
3,500
’310
100.
1311
100 s.n 4th.1312
..
.
13-18
13-19
13-2v)
6,700
100
..
1,700
2,500
4.000
8,700
1
..
4,500
1334
.
13-36
12,000
13-37
13-38
5,100
4,500
3,200
.13-39
i
13-40
13-41
13-42
13-43
13-44
13-45
13-40
18-47
13-48
5,500.
0,2(0
13, 00
4,400
3,10 >
13-49
...
...
For April.
13-30
3,c00....
.
2,100
5C0....
400....
..
3,500....
5,400....
3,400
5,500....
13-42
13-43
.13-24
....13-27
....13-20
....13-27
9,000
.18-29
...13-30
..
..
..
17,509
0,500
1,800....
13-0S
13-09
1370
*69,700
13*i0
....13*21
.
5,100
Cts
13-52
13-53
13-54
13-55
13-50
13*57
13-58
13-Z9
13-00
...13-61
13-02
13-03
13-04
18-05
13-06
13-07
_
13-38
1339
13-40
...
Bales.
12,300
10,200
13-35
....
...
8,000
10.0 0
19,400
6,200
11,800.
13,400.
1*,100
14,200
4,100
.1314
....13-10
...13-17
....13*18
4,000
13,800
9,500.
6,900
11,900
Cts.
13-32
13 33
600
For March.
...13*11
400
1301
100 s.n.4ih. 13-02
100
...13-92
900
13-03
100 s.u.Tth.13-01
900
13 04
100 s.n.7th. 13-05
400
13 05
1300
.1307
800.
13-08
100 s.n. 9.h 13 09
130.
13-i7
2,000
,13-00
400
400
...
Bales.
0,700
...
9.800....
5,300....
0,200.
..
8,100...
0,100
21,000.
17,200
...
..
...
.
..
13-40
13-47
13*4S
13-49
13-50
during the week
.
Futures
Wednesday.
Market.
Weak.
For
Day.
-
:
day in
Closed.
—
-
—.
—
-
—
Closing.
—
202,000
For May.
1.200
.....13 50
500.
lb-57
13-58
13-59
5,-500....
13-60
13-61
13-62
4,000
13*03
13-01
0,200
18-05
5,000
13-00
10,800
13-07
11,400
13 08
13-09
lb’70
..
..
High.
—
Bid. Ask
1311 13 13*15-13*05 1307
13*36 37 13*40-13*26 13 30
13*59 60 13-60-13*49 13-54
13-77 78 13-80-13*68 13-74
13-96 97 13-97-13-8R 13-91
14*05 07 14*03-14 00 14-01
14*15 17 14*12-14*10 14*11
13*42 46 13*47-13*42 13*45
12-68 72 12*71-12*05 12*64
Day.
—
31
55
—
92
03
13
48
66
12*30-12*20
-
13*10
Steady..
Closing.
For
Day.
Bid. Ask
High.. Low.
13*07 08 13*20-1307
13*28 29 13*40-13*25
13*55
13-65-13*49
13*74 75 13*86-13*67
Closing
Bid. Ask
13*03 05
13 24
13-49
13 67
13 93 94 14*04-13*92 13 86
—
14*04 05
14*13 15
13*50 55
12*65 70
—.
—
13
—
—
—
13*10
Barely steady.
Closing.
Low.
Variable.
For
—
Day.
Friday.
12-30-12*16
—
—
Bid. Ask-
Finner.
...
Dec’ber
Tr. ord.
For
Thursday.
High. Low. Bid.
High. Loro.
Feb’ry. 13*04-12-96 12*95 96 13-08-12 89
March
13-30-13 16 13*16 17 13*28-1311
April... 13-53-13-41 1341 42 13-55-13-36
May ... 13 73-13-69 13-61 62 13-75-13-56
June... 13 91-13-79 13-79 80 13-94-13-73
July... 14 00-13 94 13-90 91 14*05-13-82
August. 1409-14-00 14 00 01 14.11-13-93
13-45-13-40 13-38 42 13-47-13*36
Sept
October 12-64-12-60 12*58 60 12*67-12*51
Nov....
Closing.
12-33-12*23
1315
Weak.
—
Fair.
pre¬
delivery the sales have reached during the week
885,203 bales (all middling or on the basis of middling), and the
following is a statement of the sa'es and prices :
Bales.
4.200
the past week.
25
50
69
88
14*15-14*02 13-97 99
14*24-14*11 14 06 08
13-62-13-54 13*49 52
1280-12-67 12 63 66
12-50-12 39
1243-12-35
13 05
Weak.
—
—
—
—
Monday, 13*17, VS 13;
95; Thursday, 13*00.
For forward
For February.
Bales.
Cts.
200.
lvJ-sy
12-90
1,800
100 k.d.2(1..12-91
100 S.n.31..12*91
300 9.".2<1..12’92
300s.a 3d.. 1292
12-42
12-43
following will show the range of prices paid for
closing bid and asked, at 3 o’clock P. M., on eachfutures,
.
....
....
For October.
100
12-f 1
100
12-53
April for May.
12-35
12-36
....12-41
200
7 0
600
500
6,000
made
...
and the
Fri
12j%6
....
For December.
200
.12*17
100
12-18
3o0
12-20
100
12-23
300
12-33
Easier.
Wed
6O1
31
For 2 ugust.
13-91
18-08
1,000
14-00
300
14-01
100
14-02
300
14-03
300
700
12-50
3,8U0
.
14-19
12-43
12-49
Tuesday.
11%
1134
310
260
300
100
100.
....
Firmer.
Fri.
451
.
Monday.
Th.
63
119
.IV 1
14'lt
24-15
14-10
14 18
Firmer.
11%
11%
238
245
....
12*30
.12*82
1288
12*84
12-89
...
Saturday.
14%
132
.
800
300
100
5(0
........
Market.
Ex¬
ConSpec- Tran¬
port. sump. ul’t’n sit. Total.
Sat.. Nomin’l at 1 mad.
Men •Firm, at % adv..
For S eptember,
500..
13-35
200..
3 3‘36
300..
13-40
200..
.13-41
COO..
13*42
100..
13*45
400..
13-40
800
1347
300..
13-48
£00..
13-49
100
18*53
II 0..
13-54
500..
13-55
100..
13-58
500..
13-59
2,000..
.18-* 0
200.
13-61
11,500
*21 pd. to exch. 400
12-10
12-17
12-23
12-21
12-26
100
500
13%
14%
14%
SALES OF SPOT AND TRANSIT.
CLOSED.
...
800
oGO
2 0
COO
12*10
12-11
.12*15
300
20,000
following exchange has been
MARKET AND SALES.
SPOT MARKET
200
,1403
14-04
.14-05
.14-07
14-10
1,100
..
13%
14%
14%
14
12fi6 129x6
JU0
.v.
12-71
,.13-73
.12-74
12-75
12-70
12-77
12*8©
November.
Futures
$ O. 101516 H%6 Hhs Uhb lUl6 11*16
1U%6 111316 1U3i6 1U%6 11*316
Middling
100...
300..
For
200
100
200
300
14-27
14-23 I
14-29 I
13%
13%
14%
12%
1,300
300
13%
13%
1138
1134
Sat.
13-00
13-94
13-05
13-90
13-08
13-99
14-00
14-01
1402
.
0,000
14-24
14-25
14-20
13-82
13 87
1,200
.13-77
.1378
0OO
£00
400
200
14-22
14-23
1,000
July
12-04
.12-65
12-67
12-69
1,800
14-21
100
For
100
300
700
200
-
14-18
14*19
200
72,800
.13-00
.13-91
.1 ‘92
13-93
.13 94
18-95
.13-90
2,000
3,000
14-09
100
400
200
TOO
13
13%
14%
14%
-
3.400
2,100
200
1,800
6
12 00
12*01
12%
13%
13%
12%
14-08
...
1,200..........12-70
14-12
14-15
Cts.
1,200
1234
13%
1338
13 5g
14%
127i6 12%e
1,400
500....
700
Bales.
12%
121316 1215ie 121*16 121310 12151C 121%6
13
13%
13%
2,i'00
3,000
1,000
Mon. Tues
900
100
14 09
14-10
14-11
200
.....14-01
1402
14-03
14-04
14 05
14-00
.18-75
1,200
'
18-U9 ;
5,100
1,200
1,500
Ct\
14-04
14'05
14-00
...14-07
’4-08
800
1,400
;....14-go
300
13-73
.13-74
1,'cO1
TEXAS.
Sat.
-
Bales.
i
1397
13-98 I
2,300
2,000
i£t- oo
200
400
600
9CC.:
121316 1213x6 1213le 121516 121&16 1215x6 12i516
12»5w 1215,6
13
Middling... 13
13
13%
13%
13%
13%
13%
Good Mid.. 1314
Str. G’d Mid 1312
...13-91
Cts.
2,100..
For Junp
week are 685,000
For immediate delivery the
UPLANDS.
Ordin’y.^Ib 11%
500
delivery for the
—
Sat.
2,900
13-39
13-90
Bales.
200,100
free on board.
total sales foot up this week 4,472
bales, including 2,563 for export,
1,636 for consumption, 273 for speculation, and
iu transit. Of
the above,
bales were to arrive. The following tables show
the official quotations and sales for each
day of the past week:
Jan. 31 to
Feb. 6.
..
4,000
a,200
5,400
5,100..
unchanged throughout Tues¬
day, Wednesday, and Thursday. To-day,_ the market was
stronger, but not quotably higher, and the clos(H% at-13c. for
middling uplands, 'there has been rather more
doing for
export and a fair demand for consumption, with some
specula¬
tion.
The total sales for forward
.
9.H00
8,OX)
0,300
on
interior movement, a steadier
closing at Liverpool, and a demand
to cover contracts caused the decline
of Wednesdav to be
nearly
recovered.
To-day, there was a buoyant opening on the favor¬
able Liverpool report and the small
movement of the crop ; at
the e’ose the early advance was not
only lost, but some decline
was made.
Cotton on the spot was advanced 1-lCc. on
Saturdayt
and -Jc. on Monday, remained
..
Cts.
13-71
13-72
13*73
13-74
1375
.13-76
13-77
13-78
13-19
^3"80
18-81
13-52
13-53
1384
13-85
13-86
18-87
13-88
The Visible Supply
of
Cotton, as made up by cable and
telegraph, is as follows: The Continental stocks are the
figures
of last Saturday, hut the totals for
Great Britain ar.d 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-niglit (Feb. 6), we add the item cf
exports from the United States, including in it the exports cf
Friday only.
1880.
Stock at Liverpool
Stock at London
baios
499.000
36,566
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock
Stock
Stock
Stock
Stock
Stock
535,566
49,000
1,321
19,158
Hamburg
at Bremen.,
at
1.500
19,720
25.020
at Amsterdam
at Rotterdam
at Antwerp
at other conti’ntal ports.
"
1879.
411.000
48,750
459,750
118,000
2,500
8.250
2.500
10.750
54.000
1878.
535,000
13,750
548,750
186,750
4,750
32.000
6.500
34.500
1877.
830.000
33,000
863,000
168,750
3,500
60.000
13,000
1,200
•8,750
599
2,250
11.000
7,250
42,000
59,000
10,500
5,500
26,500
2,748
6,500
7,000
9,250
Total continental ports....
120,266
213,500
316,250
371,500
Total European stocks..
India cotton afloat for Europe.
Amer’n cotton afloat for Eui-’pei
655,832
673,250
78.324
87,000
524,074
647,000
865,000 1,234,500
90,000
94,000
637,000
574,000
22,000
67,000
914,125
892,152
143,816
98,794
21,000
11,000
..
Egypt,Brp zil,&c.,aflt for E’r’pe>
Stock in United States ports ..
Stock in U. S. interior ports...
United Stftes exports to-day..
26,467
25,000
979,937
868,026
207,037
138.222
7,000
27,000
2,478,671 2,465,498 !2,692,941 2.971,446
February
Of tli e
follows:
7, 1880.]
THE CHRONICLE.
above, the totals of American
and other
descriptions
are
as
147
RECEIPTS FROM PLANTATIONS.
A mcrtcan—
Liverpool stock
Continental stocks
American afloat for Europe
United States stock
United 8tates interior stocks..
United States exports to-day..
11,000
48,750
27,266
78,324
164,000
13,750
54,500
87,000
58,250
26,467
90,000
25,000
33,000
94,500
94,000
22,000
67,000
295,623
334,250
348,000
...2,183.048 2,131,248 i2,344,941
567,500
...
...
...
Total visible supply
price Mid. Upl., Liverpool
98,794
119,000
...
Total East India, &c
Total American
27,000
258,000
637,000
914,125
143,816
21,000
551,000
277,000
574,000
892,152
127,000
36,566
...
Egypt, Brazil, &c., afloat...
138,222
371,000
2,1S3,048 2,131,218 2,344,941 2,403,946
...
London stock
Continental stocks
India afloat for Europe
292,000
159,000
647,000
868,026
279,000
The above
date of 1878, and a decrease of 492,775 bales
In the preceding visible
supply table
American—
bale3
American afloat to Europe....
United States stock
United States interior stocks..
United States exports
to-day..
Total American
East Indian, Brazil, dtc.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe...
Egypt, Brazil, &e., afloat
II
Nov.
24
31
7
44
14
44
21
14
28
Dec.
14
5
13
14
19
14
26
2
44
9
1%
10
as
we
compared with 1877
have heretofore only
1880.
1879.
372,000
1878.
292.000
1377.
93.000
159,000
647,000
868,026
371,000
551,000
258,000
277,000
574,000
892,152
524,074
979,937
357,916
214,117
7,000
^,000
637,000
914,125
240,708
21,000
179,266
11,000
2,333,927 2,207,143 2,441,833 2,484,418
127,000
36,566
27,266
78,324
26,467
41
41
Feb.
corresponding
included the interior stocks at the 7
original interior towns.
As we did not have the record of the new
interior towns for the
four years, we could not make a
comparison in any other way.
That difficulty no
longer exists, aDd we therefore make the following comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of
only the
old 7 towns.
We shall continue this double
statement for a
time but finally shall
simply substitute the 19 towns for the 7
towns in the
preceding table.
Continental stocks
it
...
figures
sight to¬
night of 13,173 bales as compared with the same date of
1879,
a decrease of 214,270 bales as
compared with the
Liverpool stock
Oct. 10
17
Jan.
...2,478,671 2,465.493 2,692,941
7x4d.
538 t.
6l4d.
indicate an increase in the cotton in
.
Week
ending—
It
Total American
East Indian, Brazil, <£c.—
Liverpool stock
372,000
93,000
524,074
979,937
207,037
7,000
119,000
48,750
54,500
87,000
25,000
164,000
13,750
58,250
90,000
22,000
279,000
33,000
94,500
94,000
67,000
23
30
0
Receipts at the Ports. Stock at Inter’r Ports
Rec’ptsfrom Plant’ns
1877-78 1878-79 1879-80 1877-78 1878-79
1879-80 1877-78 1878-79
1879-8®
109,264 148,158 109,408 41,891 59,823
68,913 121,435 100,773 131,114
135,054 160,233 181,714 58.745 79,597 81,227
151,908 180.007 194,028
157,609 102,230 214,461 80,374 97,887
95,993 179,238 180,526 229,227
177,336 157,280 245,613 105,814 115,034
115,735 202,770 174,427 265,355
198,776 182,874 225,087 126,620 149,498
133,905 219,582 217,338 243,257
194,571 176,004 220,210 132,403 174,583
187,126 200,354 201,089 273,437
300.980 181 370 218 408 136 941 188 491 911A QQft
205,518 195,284 250,280
172,218 184,025 849,152 157,082 205,912 264,183
192,357 202,046 294,337
174.305 220,748 216,107 109,073
230,280 287,109 180,350 251,116 239,093
202,805 220,291 234,876 185,665 259,129 317,468
219,397 243,140 205,235
,'31,594 204,882 218,907 226,559 280,957
343,503 272,488 220,710 244,042
224,634 199,981 207,601 201,870 294,281 364,926
259,951 213,305 229,024
165.755 143,155 154,306 253,239 281,634
355,943 157,118 130,508 145,323
>142,099 121,091 149,486 c.36,293 253,047 349.859 125,153
93,104 143,402
153.727 113,613 129,489 237,330
233,236 S52.383 154,814 93,202 132.013
161,059 148,648 168,280 242,013 218,58'
358.074 108,692 133.997 173.971
159,180 167,097 137,191 244,494 220,935 361,880
101,667 109.447 140,997
137,1.38 171,608 112.363 240.708 214.117 357.916
133.352 164,790 108.399
The above statement shows—
1. That the total
receipts from the
plantations since Sept. 1 in
4,214,279 bales; in 1878-79 were 3,649,813
bales; in
were 3,479,105 bales.
2. That although the
receipts at the out ports the past week
were 112,363
bales, the actual movement from plantations was
only 108,399 bales, the balance being drawn from stocks at
the
interior ports.
Last year the receipts from the plantations for
the
same week were
164,790 bales, and for 1878 they were 133,352 bales.
Weather Reports by Telegraph.—A cold wave
has passed
over almost the entire
South the past week,
accompanied
with
considerable rain and snow in
many sections, and some rain
almost everywhere.
Nearly the whole State of Texas has
been visited with
showers, and the condition there has
greatly
improved ; snow also fell over a great part of the
State, eleven
inches being reported at
Dallas, &c. This storm has probably
had some effect on the
receipts this week. - The Red River is
higher again, but not as yet sufficiently so to get out
any cotton
that may be left
along the banks or its tributaries.
Galveston, Texas.—We have had drizzles on five
days of the
week, which have proved very beneficial but
insufficient,
and
we are
needing more badly. The balance of tlie week has been
cloudy and cold. Most sections of the State have had rain,
but,
generally, more is needed, and there lias been a
heavy snow
1879-80
TS77-78
were
storm in the northern half.,
The thermometer has
averaged 51,
highest being 73 and the lowest 40. The rainfall
for the
week is ninety hundredths of an
inch, and for the month sixty
hundredths.
Total visible supply
2,629,550 2,541,303 2,789,833 3,051,918
Tndianola, Texas.—There has been rain
These figures indicate an increase in the cotton in
(drizzles) on six days
sight to-night the past week, the rainfall reaching seventy-five hundredths
of
of 88,167 bales as
an inch.
We have had a killing
compared with the same date of 1879, a
frost on one night. The ground
is in good, mellow condition, and
decrease of 160,293 bales as
plowing is progressing. Aver¬
compared with the corresponding date
age thermometer 56, highest 74 and lowest 38.
of 1878, and a decrease of
The rainfall for
122,368 bales as compared with 1877.
is four inches and fifty-two hundredths.
January
At the Interior Ports the
movement—that is the receipts
Corsicana, Texas.—It has rained hard on three
during the
a ad
shipments for the week, and stocks to-night, and for the week, and the rain has been very welcome and days
beneficial. We
have had three killing frosts with
corresponding week of 1879—is set out in detail in the following
ice, and a snow storm on one
day which was of wide extent, and at this place ten inches
statement:
deep.
Prospects are now greatly improved. Average thermometer
43,
highest 56 and lowest 29. The
Total East India, &c
Total .American
295,623
334,250
343,000
567,500
2,333,927 2,207,143 2,441,833 2,434,418
the
-
rainfall has reached four inches
seventy-seven hundredths. The rainfall for the month of
January is fifty-three hundredths of an inch.
Receipts Shipm’ts Stock.
Receipts Shipm’ts Stock.
Dallas, Texas.—We have had a shower on one day the
Augusta, Ga
past
1,933
2,264
17,190
3,403
5,061
18,689 week, the rainfall reaching sixty-five hundredths of an
CoIumbu8,Ga....
2,093
3,031
inch, and
21,276
2,822
4,120
12,138
killing frosts, wiili ice, on three nights. The snow storm oh one
Macon, Ga
67G
1,208
5,220
1,038
1,423
4,319
Montgomery, Ala
1,158
3,192
day this week covered a wide area, and fell here to a
11,100
3,590
3,599
8,596
depth of
Belma, Ala..
1,025
1,675
13,406
1,542
The snow will be very
3,030
6,294 eleven inches.
beneficial for young wheat
Memphis, Tenn.. 13,651 12,245 123,823t 14,105 10,331
76,790 and will improve the condition of the
N ash ville, Tenn..
1,621
1,703
ground. Farmers are
15,022
1,651
1,239
11,366
much.encouraged.^ The thermometer has ranged from 29 to 56,
Total, old ports. 22,157 25,318 207,037
28,151 28,803 138,222 averaging 43. During the month of January the rainfall reached
thirty-five hundredths of an inch.
Dallas,Texas....
1,563
709
545
5,022
1,393
822
Jefferson, Tex...
*800
Brenham, Texas.—There has been a sliower on one day, and a
700
900
1,106
1,020
3,724
Shreveport, La
2,064
3,712
16,591
frost on one night. The soil is in excellent condition, and
killing
5,083
6,374
6,421
Vicksburg, Miss.
5,333
4,881
7,388
7,484
8,239
4,474
plowing
has been begun. The thermometer has
Columbus, Miss..
340
1,113
416
averaged 50
4,313
1,204
2,209 during the week, the extreme
Eufaula, Ala
795
572
range having been 39 to 74.
3,872
866
The
1.321
3,037
rainfall is twenty-five hundredths of an
Griffin, Ga
204
301
425
2,675
744
1,910
inch, and for the month,
Atlanta, Ga
1,573
of
2,466
12,220
1,995
1,699
6,612
January three inches and fifty-hundredths.
Rome, Ga
1.378
2,674
4,751
1,965
2,163
5,583
New Orleans, Louisiana.—Rain has fallen on two
705
Charlotte, N. C..
694
1,666
days during
1,015
690
1,071
St. Louis, Mo— 12,246
the week, the rainfall
9,563
81,048
reaching two inches and seventy-four hun¬
8,028
9.322
32,793
Cincinnati, O....
7,001
The thermometer has
7,420
10,433
6,593
7,087
7,615 dredths.
averaged 55. The rainfall for
the month of January is one inch and two
hundredths.
Total, new p’rts 34,002 34,805 150,879
35,521
41,687 75,395
Shreveport, Louisiana.—The heavy rains of the past week have
Total, all....... 56,159 60,123 357,916
63,672
70,490 214,117 put the roads in a bad condition, and cotton is coming in
slowly
in consequence.
This year’s figures estimated, t Of which
The rainfall has reached five inches and
27,990 bales are sold but
eight
not yet removed, 8,625 bales
hundredths. Average thermometer 48, highest 68, and lowest
being on speculation.
The above totals show that the old interior
’
stocks have 29.
./
Vicksburg, Mississippi.—We have had rain on three days, and
decreased during the week .3,161 bales,
and are to-night 68,815 a
light snow fall during the past week.
bales more than at the same
period last year. The receipts at the
Columbus, Mississippi.—We had rain during the earlier portion
■ame towns have been 5,994 bales less than the same
week last of the past week on three days, the rainfall
reaching two inches
and twenty-four hundredths; but the latter
year.
part has been clear
and pleasant.
The thermometer has ranged from 39 to 66,
Receipts prom the Plantations.—The
following table is averaging 52. During the month of
January the rainfall
prepared for the purpose of indicating the actual movement each reached
ninety hundredths of an inch.
week from the plantations.
Little Bock, Arkansas.—Friday and
Receipts at the outports are some¬
Saturday of the week just
times misleading, as
they are made up more largely one year closed were cloudy, with a good rain on Saturday,
but the re¬
than another, at the expense
of the interior stocks. We reach, mainder of the week has been clear and cool. It has snowed
therefore, a safer conclusion through a comparative statement within fifty miles of this
place in every direction, but not a flake
like the
following
has fallen here.
Average thermometer 36, highest 60 and lowest
Week
ending Feb. 6, ’80.
•
.
..
*
Week
ending Feb. 7, '79.
and
THE CHRONICLE
148
20.
The rainfall has reached ninety-one
hundredths of
an
inch.
During the month of January the thermometer ranged from 21
to 75, averaging 50, and the rainfall reached four inches and
four hundredths, rain having fallen on thirteen days.
Nashville, Tennessee.—It has rained on four days the past week,
the rainfall reaching one inch and forty-eight hundredths. The
snow storm in this section was of wide extent, and here the
snow was ten inches deep.
The thermometer has averaged 37,
with an extreme range of 11 to 64.
Memphis, Tennessee.—It has rained on one day during the
week, the rainfall reaching one inch and one hundredth, and we
had four inches of snow on Monday. The thermometer has
ranged from 25 to 68, averaging 38. Eighty per cent of our crop
has been received.
Mobile, Alabama.—Tt has been showery two days, and stormed
day, the rainfall aggregating three inches and five
hundredths.
The thermometer has averaged 50, the highest
being 73 and the lowest 34. The rainfall for the month of
JanuaryTs one inch and twenty-one hundredths.
Montgomery, AlaJbama.—The first six days of the past week
were rainy,
the rainfall aggregating two inches and forty-two
hundredths, but the remaining one day was clear and pleasant.
Average thermometer 48, highest 69 and lowest 33. The tribu¬
tary rivers are higher. During the month of January the rain¬
fall reached one inch and sixty-five hundredths.
Selma, Alabama.—Rain has fallen during ,the week on two
days. We have had killing frosts on two nights and ice formed
in this vicinity on one night.
Madison, Florida.—We are having more rain than we need.
The thermometer has averaged 57 during the week, the highest
point touched having been 85 and the lowest 30.
Macon, Georgia.—Rain has fallen during the week on two
days, and we have had a light hail on one day (Thursday). The
thermometer has ranged from 26 to 69, averaging 50.
The rain¬
fall for the month of January is one inch and ninety-five hun¬
severely
one
an exact comparison of the movement
the different years.,
“
“
3....
30,208
30,790
“
4....
S.
“
5....
“
6....
“
7....
44
8....
33,248
14,528
31,768
14.394
21,319
20,016
17,404
19,321
29,232
27,093
27,877
14,735
14,174
15,706
19,317
8.
19,037
“
9....
44
10....
23,548
22,906
19,929
17,551
34,762
20,411
44
11....
8.
13,778
44
12....
13....
22,132
21,127
8.
"
“
16....
“
17....
19,046
19,790
26,933
35,488
“
18....
8.
44
19....
35,455
“
20....
41
21....
44
22
44
23....
44
24....
22,105
17,733
21,312
36,187
23,924
44
25....
8.
44
26....
44
27....
44
28....
dredths.
44
29
Columbus, Georgia.—It has rained during the week on two
days, the rainfall reaching two inches and seventy-three hun¬
dredths. The thermometer has averaged 46, the highest beiog
65 and the lowest 34. The rainfall for the month of January is
44
30....
44
31....
29,260
14,836
16,328
28,935
23,908
16,710
The thermometer has
8.
18,351
30,235
18,957
31,491
20,055
9,614
22,227
36,437
14,949
15,776
2....
15....
cloudy.
1876-77.
1875-76.
for
1874-75.
Tot.Dc.31 3,120,871 2,651,013 2,399,636 2,601,289 2,340,686 2,106,675
Jan. 1
14....
the balance of the week has been
1877-78.
1878-79.
1879-80.
44
Savannah, Georgia.—We have had rain on three days, the
rainfall reaching two inches and twenty-seven hundredths, and
Jan. 31 the daily receipts since that time, we*
to the above totals to
shall be able to reach
44
two inches.
[VOL. XXX.
...
...
•
8.
23,926
23,732
,
22,120
8.
33,738
16,553
26,386
21,971
27,986
18,520
25,456
24,234
3S,030
15,966
15,902
22,115
20,397
L
18,523
16,245
15,384
12,671
12,891
13,218
8.
•
8.
24,043
23,366
14,705
13,599
17,767
17,212
8.
24,705
22,683
31,173
24,958
8.
34,212
32,058
25,117
17,169
33,583
8.
'
28,497
27,091
24,583
23,144
27,338
22,804
19,715
20,981
13,467
8.
15,178
25,290
37,400
24,168
27,805
18,514
31,977
22,468
17,987
8.
16,371
8.
32,192
25,942
23,840
16,790
24,787
21,842
8.
36,925
32,478
21,893
23,215
23,147
19,512
8.
26,517"
14,389
8.
24,391
10,043
9,764
7,568
13,845
13,640
8.
20,164
15,122
10,044
17,361
18,978'
8,90d
32,468
8.
22,523
28,311
20,477
21,004
16,943
18,178
20,968
16,214
17,621
14,946
8.
16,571
25,314
24,782
21,333
32,782
28,421
16,074
27,532;
13,37619,805^
22,048
8.
14,922
27,701
11,098
8.
20,056-
Tot. Jn.31 3,768,011 3,269,740 3,089,246 3,101,969 2,977,753 2,550,727
8.
23,468
20,601
11,093
36,304
28,495
Feb. 1....
44
2....
44
3....
44
4....
44
5....
22,580
20,354
15,203
15,582
21,929
8.
19,795
22,487
20,117
23,729
38,564
23,999
23,378
8.
28,011
25,716
35,541
20,000
22,343
8.
17,034
28,732
25,353
19,076
17,152
15,618
16,721
21,174
14,337
averaged 55, ranging from 38 to 74.
8.
6....
Augusta, Georgia.—The weather during the week has been
cold and wet, with heavy rain on six days and a light fall of snow
Total
3,863,664 3,415,714 3,215,420 3,230,020 3,080,347 2,646,822
on Thursday night; but at the close there is a favorable change
Percentage
pf total
in the weather.
The thermometer has ranged from 33 to 67,
76*80
73 99
79-99
73-50
75-68
p’rt rRo’ots Feb. 6..
averaging 48. The rainfall has reached, during the week, two
statement shows that the receipts since {Sept. 1 up to
This
inches and eighty-four hundredths, and during the month of
to-night are now 447,950 bales more than they were to the same
January four inches and twenty-eight hundredths.
Charleston, South Carolina.—'Rain has fallen on two days dur¬ day of the month in 1879, and 643,244 bales more than they
were to the same day of the month in 1873.
We add to the last
ing the week to a depth of two inches and fourteen hundredths. table the
percentages
port
of
total
receipts
which had been
Average thermometer 53, highest 77 and lowest 36.
The following statement we have also received by telegraph, received to Feb. 6 in each-of the years named.
India Cotton Movement from all Ports.—The figures
showing the height of the rivers at the points named at 3 o’clock which are now collected for
us, and forwarded by cable each
Feb. 5, 1880, and Feb 6, 1879.
Feb. 5 ’80.
Friday, of the shipments from Calcutta, Madras, Tuticorin, CarFeb. 6, ’79.
Feet. Inch.
Feet. Inch.
war, &c., enable us, in connection with our previously-received
3
New*Orleans
5
4
5
report
from Bombay, to furnish our readers with a full and
17
3
25
6
Memphis
complete India movement for each week. We first give the
11
Nashville
9
18
0
4
5
15
3
Shreveport
Bombay statement for the ween and year, bringing the figures
38
Vicksburg
8
38
7
down to February 5.
44
,
Comparative Port Receipts
and
Daily Crop Movement.—
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
A
comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for tiie years named.
First we give the receipts at
each port each day of the week ending to-night.
PORT RECEIPTS FROM SATURDAY, JAN.
D’ys New
of
Or¬
we’k leans.
Bat.
Mon
Tues
Wed
Thur
Frl..
6,559
9,515
9,027
7,146
7,435
2,911
Mo¬
bile.
1,572
2,529
31, ’80, TO FRIDAY, FEB. 6, ’80.
Char¬ Savan¬ Galnah. vest’n.
leston.
701
1,359
1,570
888
1,670
422
364
889
1,130
1,489
1,833
3,680
3,095
1,985
1,948
3,028
1,345
1,899
1,168
1,078
1,225
754
Nor¬
folk.
Wil¬
All
ming¬ others.
Total.
ton.
207
1,768
2,104
1,729
1,995
1,626
1,970
101
2,720
1,393
118
2,759
16,710
22,580
20,354
102
810
15,208
1,977
40 10,607
15,582
21,929
178
Tot. 42,593
746 20,26S 112,363
8,835 5,688 15,574 7,469 11,192
The movement each month since Sept. 1 has been as follows:
Monthly
Beoeipts.
Sept’mb’r
October..
Novemb’j
Deoemb’j
January.
Year
1879.
333,643
888,492
942,272
956,464
647,140
Beginning September 1.
1878.
288,848
689,264
1877.
1876.
1875.
779.237
98,491
578,533
822,493
236,868
675,260
901,392
893,664
618,727
900,119
689,610
787,769
500,680
169,077
610,316
740,116
821,177
637,067
1874.
134,376
536,968
676,295
759,036
444,052
Tot. year
1,768,011 3,269,740 3,089,246 3,101,96s 2,977,753 2,550,727
Perc’tage of tot. port
73-52
71-08
76-82
7105
reoeipts Jan. 31..
72-94
DUV/TTO
vAAcau
up
wv/
O M(U«
tlA
wUU
iObvipig
ctu
IJLlu
ports this year were 498,271 bales more than in 1878-79 and
78,765 bales more than at the same time ip 1877-78. By adding
Great
Year Great Conti¬
Brit’n. nent. Total. Britain.
1880
1879
1878
1877
Receipts.
Shipments since Jan. 1.
Shipments this week
6,000 18,000 24,000
5,000 15,000 20,000
6,000 23,000 29,000
8,000 1,000 9,000
Conti¬
This
Week.
Total.
nent.
21,000
17.000
25,000
33,000
41,000
16,000
21,000
62,000
Since
Jan. 1.
54,000 27,000
38,000 16.000
89,000
87.000 31,000
57,000! 12,000
145,750
69,000
104,000
According to the foregoing, Bombay appears to show an increase
compared with last year in the week’s receipts of 11,000 bales, and
an increase in shipments of 4,000 bales, and the shipments since
January 1 show an increase of 16,000 bales. The movement at
Calcutta, Madras, Tuticorin, Car war, &c., for the same week and
years has been as follows.
CALCUTTA, MADRAS, TUTICORIN, CARWAR, RANGOON AND KURRACHEE.
Shipments since January 1. *
Shipments this week.
Year.
Conti-5
Great
Britain.
1880
1879
1878
1877
Great
Total.
nent.
Britain.
8,000
12,000
11,000
12,000
4,000
4,000
Conti¬
nent.
Total.
6,000
4,000
12,000
14,000*
16,000*
23,000
12,000
The above totals for this week show that the movement from
the ports other than Bombay is 4,009 bales less than same week*
of last year.
For the whole of India, therefore, the total
shipments this week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are
as
follows.
EXPORTS TO EUROPE FROM ALL INDIA.
Shipments
to all Europe
from—
Bombay
All other
Total
...
1879.
1880,
This
week.
24,000
ports.
24,000
Since
Jan. 1.
lO
r~*
This
week.
©o ■§§
20,000
68.000
20,000
Since
Jan. 1.
\
1878.
This
week.
38,000
12,000
29,000
50,000
29,000
8ince
Jan. 1.
87,000
23,000
110,000
February
THE CHRONICLE.
7, 1380]
This last statement affords a very interesting comparison of the
total movement for the week ending Feb. 5, and for the three
to date, at all India ports.
years up
*
Alexandria Receipts and Shipments.—Through arrange¬
ments “we have made with Messrs. Davies, Benachi & Co., of
we shall hereafter receive a weekly
^able of the movements of cotton at Alexandria, Egypt.
The
Liverpool and Alexandria,
following are the receipts and shipments the past week and for
corresponding weeks of the previous two years.
toe
Alexandria, Egypt,
1879.
1880.
Feb. 5.
the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York, we
are
include the manifests of all vessels cleared up
75,000
2,975,000
Exports (bales)—
To Liverpool
To Continent
Total Europe
A cantar is 98 lbs.
Liverpool, per steamers Sirius, 930
Baltic,
860... Wisconsin, 236....Germanic, 706
To Havre, per steamer Amerique. 145
To Bremen, per steamer Rhein, 195
To Hamburg, per steamers Suevia, 508
Wieland, 143
New Orleans—To Liverpool, per steamers Carolina, 3,977
Emiliano, 3,363
per barks Caraiyah, 1,929
Antrim,
3,666
*
Since
This
week. Sept. 1.
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
16,000 205,500
7,483 120,269
5,000 111,000
3,000
6,000 179,000
8,000 114,000
23,483 325.769
8,000 160,500 14,000 293,000
This statement shows that the receipts for the week
Feb. 5 were 75,000 cantars, and the shipments to all
ending
Europe
23,483 bales.
1879-80.
1878-79.
'
Cott/n
32s Cop.
Twist.
c
8*4 lbs.
Mid.
Shirtings.
d.
s.
d. 8. d.
5 10 ©lO^a 6 9 ®8
Dec.
»
12 lO^lOSg 6 101n,a)%
19 10 ®1O70J 6 9 @8
u
26 10 ®107g 6 9 ®8
210 ®107e 6 9 ®8
Jany.
4
9 1038®10% 7 0 ®8
a
16 10*2® 107@ 7 l*s®8
a
23 ioi2®io78 7 3 ®S
a
30 10^@11
7 3 ®8
Feby 6 11 ®11% 7 3 ® 8
•
Uplds
Cott’n
32s Cop.
Twist.
8*4 lbs.
Shirtings.
d. s.
d.
61»16 8 ®8% 5
7
7%®81e 5
61316 7 Sq ® 8 *4 5
d.
d.
0
Mid.
d.
6
3
3
3
Uplds
d.
s.
1,212
4*2
4*2
4*2
4*2
6
6
6
6
538
3
6l3ie 77q®858 5
7ii« 7%®81a 5
4ia
7*8
7
71a®7
7*2®7
712
7*2
53s
6
6
6
6
6
6
7i2
538
538
0
0
7®a®814 5
678
0
7He
778®8®8 5
778®812 5
7%®812 5
7%®812 5
®7
<5>7
To Havre, per
Sea Island
To Havre, per bark John E. Chase, 1,799 Upland and 209
Sea Island
To Rotterdam, per bark Helene, 1,110 Upland
To Barcelona, per barks Valparaiso, 3,000 Upland... .Camila
de Tossa, 260 Upland..Joven Narcissa, 1,500 Upland ...'.
Savannah—To Liverpool, per ships Johann Friederich, 4,72$
Upland....Pleiades, 4,475 Upland
Exports
0*10
51l0
Liverpool
Jan.
Jan.
14-
21.
3,447
2,861
Total to Great Britain
period
previ’m
1,700
2,738 193,073 164,354
year.
6,606
3,447
3,121
1,700
639
4,252
2,738 199,679 168,606
145
17,405
639
145
27,405
10,161
400
433
884
500
195
651
18,367
12,280
11,398
1,702
Hamburg
Other ports
650
2,124
635
32,771
13,735
....
Total to North. Europe
833
Spain, Op’rto, Gibralt’r, Ac
650
1,354
....
......
846
3,660
other
3,206
Total Spain, Ac
3,206
3,660
3.729 253,061
196,162
....
3.954
Grand Total
The Following
4,097' 3,723
Receipts
Cotton at New
York,
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1879:
from-
New York.
This
week.
N. Orleans
Texas....
Savannah
Mobile...
Florida...
S. Carolina
N.Car’lina
Virginia..
North, pts
are the
| Since
jSept. 1.
Philadelphia.
Since
This
jSept. 1.
week.
1,471
4,064 162,140
1,544 28,685
17,333
463
8ince
Baltimore.
This
Sinoe
Sept.l. week. Sept. 1.
5,251
2,527 96,161
537 35,837
3,543 169,979
90
5,834
Foreign..
2,263
65
37,997
5,133 104,820
3,052 112,966
266
801
8,250
8,250
62,266
462
2,689 45,997
•
3,535 65,857
1,909 48,607
2,676
5,045
1,547
•••
....
5,020
1,110 4,760
m
•
•••
1,137
....
....
....
......
1,400
4,276
1,018
858
m
....
m m
m
m
m
m
m
••••
m
m
1,110
....
....
....
....
....
....
....
....
....
6,420
1,137
•
••••
4,760
....
....
....
....
usual
Total.
3,729
37,663
6,501
11,837
14,877
7,638
4,887
2,67B
5,045
1,547
give all
96,400
news
Mir, at Savannah, from Havana,
reports Jan. 23, lat. 26 off the Cape or Florida, 12 miles from shore,
picked up two bales of cotton marked T. B., with the classification
mark, apparently of fair middling. There was a considerable
amount of cotton floating in the vicinity, also quantities of ship
stores and furniture, such as tables, boards and benches, and three
Jan. 23—Brig Amsble Teresa (Span.),
other vessels were engaged in securing the cotton. The marks on
the cotton he picked up indicate that it was from New Orleans or
Mobile.
Jan. 28-
Steamer Algiers, Hawthorn, at
New York Jan. 31 from New
Orleans, reported, Jan. 28, lat. 30 25, Ion. 79 40, passed a bale of
cotton, apparently but a short time in the water.
No date--Schr. Pioneer (Br.), at Key West Jan. 30, from Nassau; reported
picked up 52 bales cotton in the Gulf Stream near Gun Key; saw
no signs of a wreck.
The bales were lauded on the 31st; marks on
bagging, Anderson A Simpson, New Orleans; also, PVG and BAB.
Savannah, Feb. 2—The pilot boats John R. Wilder and John Stoddard
up seven bales of partially burned cotton and two bales of
yarn on morning of the 1st inst., 25 miles N. E. of Tybee. The
Poll Royal pilot boat also picked up a lot in the same locality, on
picked
the same day.
William Burkett, steamer (Br.) from Savannah
reported ashore, was successfully floated A.M.,
for Reval, before
Jan. 16, and would
proceed for Copenhagen; 1,500 bales of cotton were on board.
ship (Br). Fire was discovered under the main hatch of
Hectanooga with 2,890 bales cotton on board, at New
Orleans, Jan. 31, for Havre. The fire was extinguished. One hun¬
dred and ninety hales of cotton were damaged; loss estimated at
$5,000.
Lovise, ship (Nor.), Bull, loading at New Orleans for Havre, and with
about 3,000 bale® of cotton on hoard, was discovered to he on fire
at 2 A.M., Jan. 29. The' captain at once set to work, and before
long had three or four hales on deck, which had taken fire. Tills
was all the burning cotton and no other damage was done.
North Carolina, bark (Br). Efforts were being made to raise the hark
North Carolina, (Br.), Buchan, from Baltimore via Bermuda for
Liverpool, before reported ashore, Ac. The vessel is thought to be
but little injured beyond having a hole in her bottom made by the
anchor over which she is lying.
Sarah Douglass, (Br.), from Galveston for Liverpool, which put Into
Fayal in distress, Ac.,.finished repairs without discharging, sailed
thence and arrived at Liverpool Jan. 29.
Cotton freights the past week have been as follows:
Hectanooga.
ihc ship
.
Mon.
Tues.
Wednes.
Thnrs.
Fri.
Liverpool, steam d. 316®14 310®14 310® *4 Sie®^ Sia®^ *10®**
Do
sail... d.
B32
532
532
632
532
532
c. Sg®..." 50®. ..* 50®...* 5g® ...* 50®...* 5g®.._*
Havre, steam
Do
sail
Bremen, steam,
10,000
Do
sail
c.
.e.
e.
Amst’d’m, steam.c.
Baltic, steam
*
V
*2
®8®- -•*
58
*2
V
*2 .
50®...*
*3
50
V
%
50®...*
*2
58
*3
50*
*2
Og®...*
*3
58
>3
V
*3
50®...*
*9
5g*
*2
50®...*
*3
®8
sail.-.e. ...®.... ...®.... ...®.... ...®.... ...®.... ...®
Do
Do
*2
sail.-.e.
Do
2,875 128,345
4,021 108,376
our
received to date of disasters to vessels
carrying cotton from United States ports, etc.:
we
Hamburg, steam.c.
24,153(787,749 12,127 301,801
25,968'601,243il4,760 181,668
•
Satur.
"383 13,818 1,808 39,il7
927
1,479
5,796
Total... 51.66018,519 12,794
Below
d in
....
Philadelphia 1,547
2,575
Shipping News.—Tlie exports of cotton from the United
States the past week, as per latest mail returns, have reached
$6,400 bales. So far as the Southern ports are concerned, these
....
3,402
131
5,925 128,380
Last year.
This 1
week.
2,290 100,126
5,046 81,778
Tenn., Ac.
This year.
Boston.
of
....
Norfolk.
2,550
Baltimore... 2,676
Boston
5.045
arrang
Bremen &
Ham- Rotter- Barce- Genoa A Vera
Havre, burg.
dam. Iona. Trieste. Cruz.
145
846
...
10,061
-
....
1,479
858
96,400
New York... 2,738
N. Orleans... 12,935 12,775
Mobile
4,389 2,112
Charleston
3,959 2,008
Savannah
9,201
Texas
6,620
100
Total French
Receipts
995
Samaria. 407— Bavarian, 1,953
Minnesota, 184
Philadelphia—To Liverpool, per steamer British Crown, 1,547.
,
Feb.
4.
date.
6,620
3,018
2,550
Moravian, 2,034 and 13
bags and 119 bags Sea Island—Caspian, 510
Boston—To Liverpool, per steamers Palestine, 1,506—Iberian,
at 31c ,
be had
Jan.
28.
-.
Havre
Other French ports.
Bremen and Hanover
Liverpool, per bark Minnie, 2,550
To Havre, per ship Ariel, 1,479
To Bremen, per bark Sif, 858
Baltimore—To Liverpool, per steamers
pool.
5516
Same
260
Other British ports
Ail
Norfolk—To
5516
ending—
Total to
Exported to—
4,760
1,400
Liverpool, per ship Cultivator, 5,220s—per bark
Onaway, 1,400
To Bremen, per bark Gambetta, 1,013
Cotton (bales) from New York since Sept. 1.1879.
Week
2,008
1,110
Texas—To
Liver-
last there have been further sales of 3.000 bales of
of
3,959.
9,201
4,276
Bremen, per bark Mathias, 4,276 Upland
Genoa, per bark Edward Waenerland, 1,400 Upland
particulars of theie shipmeats,
form, are as follows:
on
our
To
To
The
buyers’ part to take large parcels. In a small way we
hear of a few transactions, in all about 500 rolls, for which full
prices were paid, at the close quotations are somewhat irregular,
and If lbs. is held at 9fc.; 2 lbs., 10-@104c., and life, for 2f
lbs., but a large lot could probably be had a shade lower. Jute
butts are in good demand, and the market is ruling very firm.
Since
bark Algeria, 2,112
Charleston—To Liverpool, per barks Winona, 1,850 Upland and
115 Sea Island
James Kenway, 1,982 Upland and 12
..
paper gradts, at 3c., and 5,000 hales, spinning quality,
and at the close we do not hear of any parcels that can
below these figures.
4,395
625
1,137
4,389
2,112
Total
5*0
478
Gunnf Baci3, Bagging, &c.—Baggiughas become quiet again,
and but little trade is reported from dealers, there being no dis¬
position
Newcastle, 1,865
To Trieste, per bark Sirena, 625
To Vera Cruz, per steamer City otMexico, 1,137
Mobile—To Liverpool, per ship Her Majesty, 4,339
d.
®7
®7
®7
®7
®7
®7
1^
145
195
651
ship Crescent City, 4,524....per barksPhison,
3,062
Rochester, 3,022
Texas, 2,167
12,775
To
Bremen, per ship Forest Eagle, 4,591....per brig
Lagertha, 1,205
5,796
To Genoa, per barks Domenico Lanata, l,318....bkonom,
Manchester Market.—Our report
received from Manchester
to-day (Feb. 6) states that prices of twists' have again advanced,
and this time decidedly, the quotation now being ll@llfd.;
shirtings are unchanged; our report further states that the mar¬
ket is quiet but firm.
We leave previous weeks’ prices for com¬
parison*'
2,738
12,935
To Havre, per
45,000
2,324,000
49,500j
Total bales.
New York—To
1878.
50,000
1,375.000
to Wednesday
night of this week.
Receipts (cantars*)—
This week....
Since Sept. 1
149
sail
Compressed.
d. 716®l532 710®1532 710®1532 718® 1832 71«®1832 716®*B33
d.
...®....
L.®....
...®.... ...®....
r
150
CHRONICLE.
THE
Liverpool.—By cable from Liverpool,
statement of the week's
we have the following
sales, stocks, &c., at that port:
Jan.
Sales of the week
bales.
Forwarded
Sales American
Of which exporters took
Of which speculators took..
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Actual export
Amount afloat
Of which American
16.
Jan. 23.
62,000
21,000
48,000
5,000
4,000
501,000
363,000
58,000
41,000
7,000
....
Jan. 30.
54,000
10,000
42,000
64,000
6,000
4,000
4,000
|| Feb.
been made in Chicago and Milwaukee, for through shipment to
Great Britain. To-day the market was decidedly more active
at
No. 2 spring sold at $1 48%@$1 48% for
March, and No. I white $1 46 for April; also, a large line
of No. 2 spring, N. Y. grade, at $1 32@$1 34% in store and
afloat, taken for export.
Indian corn has been unsettled. The offerings of No. 2 mixed
on the spot have been very limited, and prices have been
firmly
maintained, until yesterday, when there was considerable
depression, especially at the close; new No. 2 going at 59%c.,
on the spot and for February, 56%c. for March, 54c. for
April,
and 53c. for May. Other grades of com are nearly nominal.
Receipts of comat the West have materially increased. To-day
spot were firm and more active; large sales of old No. 2 mixed
were made at 60@61%c. in store and afloat, but an
early improve¬
6.
81,000
9,000
54,000
5,000
5,000
499,000
372,000
101,000
81,000
10,000
50,000
290,000
479,000
343,000
37,000
28,000
5,000
305,000
5,000
481,000
351,000
73,000
63,000
6,000
309,000
291,000
268,000
281,000
278,000
253,000
4,000
The tone of the Liverpool market for spots and futures each day of the
week
been
ending Feb. 6, and the daily closing prices of spot cotton, havo
as
follows:
Saturday Monday. Tuesday. Wednes. Thiirsd’y
Spot.
Market,
12:30 p.m.
Mid.
\
$
Firmer &
Active
fr’ction’ly
and
dearer.
firmer.
Upl’de
7*8
Mid. Orl’ns.
7H
Market,
5 p.m.
Firm.
Firm.
714
Z®1«
7b16
714
738
73e
Quiet and
7b16
steady.
714
73s
Rye has been held for higher prices, but is quiet. Barley
barley malt are firm, but business not active. Oats were
quite buoyant, early in the week, with sales of No. 2 mixed at
49c. for March.
But latterly there has been some depression.
The market to-day was dull, with No. 2 graded quoted at 48c.
for mixed and 49c. for white.
J
Spec.& exp.
The
30,000
20,000
1,000
2,000
15,000
3,000
14,000
3,000
8,000
1,000
8,000
1,000
following
No. 2
$ bbl. $3 85® 4 60
Superline State and
£
Quiet
Dull,
Firm.
but
Flat.
Quiet.
Strong.
'but
steady.
steady.
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
Saturday.
Delivery.
Delivery.
d.
Jan
718®332
Feb.-Mar
7*8
Mar.-Apr
7B32
<1.
7732
7932 @ 14
71132
Apr.-May
May-J une
June-July
Delivery.
June-July
July-Aug
d.
7^16
71132
May-June
June-July
-.71332
June-July
Aug.-Sept
7732
7*4
Mar.-Apr
Apr.-May7932 a-5 ie> ®932
7716
Apr.-May
75ic
Oct.-Nov
...713
Oct.-Nov
Feb
for the week
...714
...714
--7932
7*B32
..79*2
7**32
7%
77JC
Oct.-Nov
Nov.-Dee
Feb
Delivery.
Sept.-Oct
Apr.-May
7132
6*biG June-July
7316 July Aug
May-June
7932
Delivei'y.
July-Aug
Delivery.
7732®3i6
Mar.-Apr
714®732
Apr.-May
7032'2)14
May-June ...71132®5i6
June-July
7**32
7*332
...
Oct.-Nov
| Sept.-Oct
Delivery.
Delivery.
Mar.-Apr
Apr.-May
May-June
June-July
7632
7316
7732
7*4
7BiG
Feb.-Mar
7*e
Total..
Nov.-Dee
Mar.-Apr
July-Aug
678
7b32®3ig
I
Feb.-Mar
Mar.-Apr
7**32 June-July
7B32 | July-Aug
7*4 i
7932 I
Feb.-Mar
Apr.-May
May-June
Delivery.
Delivery.
Feb.-Mar....
7”32 I
Mar.-Apr
7k
Apr-May.7932®BiK®932 I Apr.-May
7Bte I May-June
May-June
?3s I June-July
June-July
Mar.-Apr
773<>“
751G
.
...
[ill
1111
...
...
7
7*332
731Q
7732
7n.32
7*332
ii
.
Com,
bbls.
bush.
'60 lbs.)
bush.
(56 lbs.)
237,938
173,770
995,388
2,919
46,141
40,566
7,650
25,584
109,037
700
2,000
178,035
31,059
16,650
977,660
280,990
...
83,525
12,400
617,102 2,492,182
7BiG
71*30
7i532
7716
-61&16
■
Oats,
bush.
Barley,
46
43
43
62
61*2
"
1879.
1878.
559,105
Wheat
Corn
Oats
bush.
4,833,406
10,161,257
1,683,505
6,755,729
6.511,277
1,798,148
736,488
326,035
5,812,571
4,767,411
1,897,117
968,882
286,443
Barley
676,326
260,444
Rye
Total grain....
17,614,938
43,815
90,358
from Jan. 1 to Jan. 31, inclusive,
533,936
16,127,677
13,732,424
Total receipts (crop movement) at the same
to Jan. 31, inclusive, for four years:
1877.
425,282
1,881,441
0,86 / ,593
1,140,158
622,077
290,812
9,809,091
ports from Aug. 1
1878-79.
1877-78.
1876-77.
bbls,
3,822,725
3,358,292
3,432,791
3,082,464
hush.
67,217,836
54,662,887
16,106,939
49,297,862
39,857,027
14,308,674
8,543,210
3,212,532
62,844,593
46,578,672
18,659,128
7,778,264
1,283,378
31.283,451
44,517,494
12,184,945
7,091,927
2,088,296
149,743,404
137,144,035
113,234,565
Corn
Oats
Barley
Rye
Total
bush.
365,315 133,727
319,022 219,333
495,900
Wheat
Rye,
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
114,802 51,510 15,523
20,150 29,316
6,803
3,457
60
11,884
6,953
3,200
450
3,500
157,422 25,448 12,870
54,400 17,000
8,100
1880.
1879-80.
Mar.-Apr
7*4
.7932
Apr.-May
7Bi« July-Aug
7ll320'38 Sept.-Oct
7*332 Nov.-Dee
44
:
Wheat,
bbls.
Flour
Delivery.
30
37
--•
grain
....
7,457,742
2,313,260
97,146,116
same
Comparative shipments of flour and grain from the
ports from Jan. 1 to Jan. 31, inclusive, for four years:
1880.
■
1879.
1878.
1877.
changes in the prices of flour and meal
Flour
bbls.
329,090
522,995
523,517
411,093
during the past week, but such as have occurred were towards
bush.
2,114,565
4,619,719
1,018,776
652,168
a lower range.
The strong efforts which are made to support Wheat
Corn
2,701,453
2,670,520
3,731,986
2,342,440
the price of wheat excite hopes among holders of flour, and Oats
949,095
632,230
1,091,729
1,114,017
492,638
396,249
311,722
Barley
310,669
they are therefore loth to make concessions, yet irregular re¬ Rye
147,330
88,807
83,319
173,653
ductions are made, especially to keep current receipts cleared
Total grain
6,326,713
6,539,070
8,755,323
4,051,879
from the wharves. Rye flour, corn meal and buckwheat flour
Rail and lake shipments from same ports for the last four weeks.
have been dull and drooping as well as wheat flour. To-day,
Week
Oats,
Barley,
Rye,
Flour,
Wheat,
Com,
bush.
bush.
bush.
bush.
hush.
ending—
bbls.
there was a decided revival of demand; prices were better, Jan.
31
184,898
65,352 30,492
70,009
226,900 1,064,352
55,539 18,395
86;176
256,229 651,041 149,726
and business more active, especially for the low and medium Jan. 24
Jan. 17
206.488
69,966 31,347
94,137
174,461
675,083
59,434 47,087
grades of wheat flour; yet no important advance can be Jan. 10
183,500 768,139 312,537
114,811
quoted.
840,090 3,158.615
853,349 259,291 127,321
Total, 4 w’ks.365,133
The wheat market has been feverish and variable ; prices 4 weeks ’79. .437,266 1,659,1512,259,487 901,668 406,417 129,199
Receipts of flour and grain at seaboard ports for the week
fluctuating almost hourly. The export movement has been
ended Jan. 31:
fair, when slight concessions were made, shippers being favored
Oats,
Barley, Rye,
Com,
Flour,
Wheat,
bush.
bush.
bush.
bush.
bush.
At—
bbls.
by extremely low rates of ocean freights (the lowest, it is said,
New York
61,402
128,255 87,046 133,224
9,383
121,950
in ten years) and by improving rates of exchange. The close Boston
100,381 26,814
153,005
6,800
28,493
1,200
1,500
9,800
4,000
last evening was, however, rather weak, notwithstanding an Portland
Montreal....
8,918
1,850
4,424
7,200
active speculation ; No. red 2 winter sold at $1 44%@$1 45 on Philadelphia....
1,500
9,500
32,000
8,830
119,000 27,300
10,571
163,900 16,200
82,200
2,500
the spot; $1 46% for March, and $1 47% for April; No. -1 Baltimore..
New Orleans....
24,152 1,020,846 75,065
13,871
white, $1 44 for March. Spring growths were entirely nominal
Total week..... 129,006
430,307 1,534,382 235,475 158,442 13,383
in this market, but it is understood that large purchases have Cor. week ’79.... 169,381 1,327,200 1,482,591 268,959 272,922 32,484
....
m
190
Flour,
125
73s
Friday, P. M., February 0, 1880.
There have been few
175®
Fleur
BREADSTUPF8.
\'B
2 80® 3 00
3 25® 3 30
(196 lbs.)
29,3 81
23,566
Friday.
I
6 50® 7 25
6 00® 6 40
4 75® 5 10
Total receipts at same ports
for four years:
71332
Thursday.
Feb.-Mar..,
6 25 ® 7 00
6 506/ 8 00
5 50® 6 10
Same time ’79.. 113,466 1,451,597 1,457,145
Wednesday.
Feb.-Mar
...
....
Milwaukee..
Toledo
Detroit
Cleveland...
8t. Louis
Peoria
Duluth
7*4
June-July
July-Aug
..738
May-June
5 60® 6 15
No. 3 spring, $ bu.$l 27 ® 1
No. 2 spring
1 33 ®1
Amber winter...
37 ®1
Red winter, No. 2
45*a®l
White
36 ®1
No. 1 white
,...®1
Corn—West, mixed
58 ®
Western No. 2
59*2®
Western Yellow..
....®
Western White...
62 ®
92 ®
Rye
Oats—Mixed
47 ®
White
48 ®
82 ®1
Barley—Canada W.
77 ®
State, 4-rowed...
70 ®
State, 2-rowed...
Peas—Can’U»J» &f.
82 ®
ending Jan. 31, 1880
At—
7116
Mar.-Apr
Apr.-May
May-June
7*32
—
7**32 Feb.-Mar
7i332®38 Mar.-Apr
July-Aug
Delivery.
July-Aug
700
Wheat-
Receipts of flour and grain at Western lake and river ports
7**32
7Bi 6
71 332
6*B32
Chicago
Delivery.
7^32
575®
Buckwheat flour, per
100 lbs
7*2
^..7*4
Tuesday.
Feb
Feb.-Mar
5 35® 5 65
do XXandXXX...
Winter sliipp’g extras.
do XX and XXX...
Minnesota patents...
Corn meal—
Delivery.
Sept.-Oet
Mar.-Apr
May-June
Apr.-May.
June-July
July-Aug
5 25
Spring wheat extras..
Western, &c
Brandywine, <fcc....
Delivery.
I
Delivery.
Feb.-Mar.7B32®316®732 I Aug.-Scpt... 77i6®ib32
Mar.-Apr. 731G@‘<3o®14 I Oct.-Nov,
73ig
April-May 714®932®316 Feb
7932
May-June ...7big®1132 Apr.-May
Mar.-Apr
7732
June-July
71*32
® 38@i332®38 May-June
7Bie
July-Aug
77i6
Delivery.
4 85®
City shipping extras.
Southern, bilkers’ and
family brands
SQuth’n ship’g extras.
Rye flour, superfine..
Monday.
Feb.-Mar
grain.
■
Western
Market, )
rupf'c
closing quotations:
are
flour.
Futures.
5 p.m.
lost.
was
and
?
Sales
higher prices.
ment in futures
Friday.
Easier.
| VoL. XXX
..
..
.......
..
..
..
..
r
if if
THE
7, 1880.]
February
CHRONICLE.
Exports from United States seaboard ports and from Montreal
ending Jan. 31:
for week
Flour,
Wheat,
From—
New York1'
75,824
Boetont
12,788
784,858
59,572
9,800
413,268
112,122
79,640
171,281
153,128
hbls.
bash.
925
Portland
Montreal
Philadelphia..
2,250
Baltimore
3,335
,
Oats,
Corn,
.
bush.
95,132
1,369,376
249,799
’79.
99,907
1,623,669
1,548,604
10,034 bushels barley.
The visible supply of
*
bush.
bush.
6,659
......
435,506
Peas,
10,219 107,911
bush.
Total for w’k
Same time
Rye,
......
10,219 107,911
4,203
21,688
11,547
Wheat,
bush.
7,014,822
820,000
1,000
798,159
8,691,011
141,880
4,748,460
120,000
1,273,693
1,642,999
430,000
986,522
235,843
320,166
155,162
483,380
Duiutli
Toledo
Detroit
Oswego
St. Louis
—
Boston
Toronto
Montreal
Philadelphia
Peoria
6,484
160,200
815,486
1,017,704
Indianapolis
Kausas City.
Baltimore
Rail shipments.
Lake shipments..
Total
Jail. 24. ’80
Jan. 17, ’80
Jan. 10, ’80......
Jan. 3. *80
Feb.
1, ’79
......
Corn,
226,900
30.089,871
30,809,160
31,023,306
30,309,361
29,620,312
bush.
Oats,
bush.
bush.
Rye,
bush.
1,102,803
637,571
37,000
532,632
670,000
258,324
500
94.000
289.000
56.800
17,255
4,487,615 1,111,471
1,603,92;
25,685
39,066
52,545
317,353
734,414
59,405
273,040
614,784
108,898
41,000
6,065
6,176
4.500
130,121
570,000
83,281
51,191
164,608
11,839
69,004
6,631
2,776
36,510
120,794
3,069
46,976
.
F90.J
96, 081
591,287
89,629
10,631
230,000
1,245,673
155,047
11,885
2,000
84,714
155,140
7,168
33,500
189,500
299,895
274,300
175,600
5,700
209,101
141,830
237,079
1,064,352
13,430
184,898
13,060,353
12,129,048
11,927,167
11,864,045
11,484,034
20,440,452 10,538,247
65,352
30,492
3,079,306 4,154,588
978,662
979.567
4,244.485
4,403.114 1,068,112
4,401,210 1,152,102
4,383,915 1,136,170
2,373,887 4,764,810 1,401,873
3,122,349
3,317,942
3,292,516
3,074,106
THE DRY GOOD 3 TRADE.
Friday, P. M., February 6, 1880.
There has been
a
following table, based upon daily reports made to the
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for
exports)
also the receipts from January 1, 1880, to that
day, and for the
corresponding period in 1879:
Week ending
'
Feb.
Barley,
satisfactory movement in nearly all Ameri¬
textile fabrics the past week, despite the wintry character
of the weather, which was somewhat unfavorable for the dis¬
can
tribution of
Domestic Produce.
of
New York Produce
159,269 bushels barley.
grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by lake and rail, Jan. 81, was as follows:
Albany
Buffalo
Chicago—
Do
afloat
Milwaukee
Receipts of Leading Articles
The
18,206
1,976
at the
In Store at—
New York
l)o. afloat (est.)
151
Ashes
Beans
Breadstuff's—
27
347
557
5,524
10,250
.bbls.
...bbls.
..bush.
62,971
2,259
113,426
6,112
160,650
63,710
154,190
10,612
443,432
397,064
16,117
2,598,000
61,825
1,533,312
488.196
514,997
57,804
130,793
8,049
-
Cotton
Cotton seed oil
.bush.
..bush.
..bush.
..bales.
...bbls.
996
Flax seed
1,152,502
'28,759
1,771,582
930,498
522,397
52,237
175,136
3,127
...bags.
187
2,871
...bags.
5,146
2,389
28,362
782
212
..b'JLsh.
.
Barley and malt..
Peas
Grass seed
Hides
Hides
Hops
Leather
Lead
Molasses
Molasses
Naval Stores—
25,937
1
6.369
2,276
29,541
No.
..bales.
..bales.
..sides.
63,828
6,554
2,226
347,155
...pigs.
344
5,045
.hhus.
...bbls.
431,079
339,103
3,187
26,692
36 688
14,837
23,288
9,784
9,113
.
Turpentiuo, crude. ...bbls.
bbls.
Turpentine, spirits
..
Rosin
Tar
Pitch
Oil cake
...bbls.
.bbls.
.bbls.
..
..
.pkgs.
.
40
214
1,950
8,620
11,025'
349
81
2,434
8,090
54,172
35
546
13,006
11,759
23,744
196
...bbls.
Peanuts
..bush.
2,908
..pkgs.
..pkgs.
.pkgs.
..pkgs.
pkgs.
1,463
8,852
880
4,655
176,394
....2?o.
47,243
18,731
12,244
6,102
5,562
3,576
1,962
Provisions—
:
.
-
.
Eggs
...bbls.
tcs. & bbls.
Lard
Lard
.kegs.
.
Hogs, dressed
Rice
.pkgs.
879
..slabs.
4,028
pkgs.
322
.
Spelter
Stearine
.
287
31,378
1,964
trails.
..
Cutmeats
Butter
Cheese
180
4,180
24,933
2,116
34,97l\
Oil, lard
Oil, whale
Pork
Beef
*
1,697
Rye
Com
Oats
1879.
.bbls.
..
Com meal
Wheat...
1, Since Jan. 1,
...bbls.
..
Flour, wheat
Since Jan.
1880.
3.
-
4,099
221,879
96,667
.
121,244
69,326
23,379
39,320
11,880
16,602
8,987
8,434
1,811
89,437
11,087
114,238
3,177
30^626
3,897
1J,879
4,202
...bbls.
10
41
goods strictly adapted to the spring trade. The Sugar
562
529
5,687
11,546
business in staple cotton and woolen fabrics was quite active, Sugar
Tallow
3 0,088
..pkgs.
2,005
13,177
boxes & cases.
and liberal orders were recorded by agents for goods to arrive. Tobacco
3,645
14,294
.9,607
Tobacco
1,128
3,701
2,195
Prints, ginghams, lawns, piques, dress goods, &c., were also in Whiskey
...bbls.
5,092
29,782
35,278
Wool
..bales.
48
2,370
6,647
liberal request, and nearly all the most popular makes are
already sold in advance of production. There was more activ¬
Exports ol Leading Articles.of Domestic Prodace.
ity in the jobbing branches of the trade (because of the arrival
The following table, based upon Custom House returns, shows
of a good many retail buyers from remote parts of the
country), the exports from New York of all
leading articles of domestic
and a large package business in domestics, prints, &c., was re¬
produce
for
the
week
ending with Tuesday last; also the exports
ported by some of the larger houses. The tone of the market
was generally strong, and advanced
from
the
1st
of
1880, to the same day, and for the cor¬
January,
made
quotations were
for
numerous makes of cotton goods, prints, &c.,
during the week. responding period in 1879:
Domestic Cotton Goods.—The exports of domestics from this
port to foreign markets during the week ending February 3,
Week ending Since Jan. 1, Since Jan. 1.
were 2,469 packages,
Feb. 3.
1880.
including 1,874 to Great Britain, 138 to
1879. '
Hayti, 125 to U. S. of Colombia, 102 to Dutch West Indies, 73
bbls.
43
Ashes, pots
130
to Brazil, 50 to China, 47 to Africa, &c.
Brown sheetings were Ashes,
bbls.
10
10
22
pearls
in good demandj and several corporation makes of
Boos
lbs.
wax
four-yard
4,828
2,911
browns and heavy fine browns were advanced in price. Bleached Breadstuff^-.wi.bbls.
Flour, wheat
55,520
cottons were active and higher in some cases, as were certain
382,657
250,251
...bbls.
130
360
Flour, rye
418
makes of wide sheetings. For colored cottons there was a
Com meal
.bbls.
steady
11,674
17,759
2,775
.bush.
Wheat
inquiry, and large deliveries of cottonades were made on account
647,437
2,350,643
3,445,021
...bush.
of former orders. Cotton wayps and
97,775
262,443
Rye
263,796
yarns continued active,
Oats
...bush.
4,554
13,076
15,803
scarce, and very firm.
Print cloths were comparatively quiet,
57,704
58,349
Barley
:.. ..bush.
1,217
but steady, at 5%c. for 64x64s, and 4%c.@4%c. for 56x60s.
Peas
6,067
36,234
27,239
Prints were in active demand, and a few such makes as Pacific
Cora
.bush.
352,151
2,018,356
2,183,759
Caudles
4,534
1,303
and Arnold’s were advanced to 8c.
...pkgs.
5,848
Ginghams were taken freely Coal
6,152
7,289
by package buyers, and there was more inquiry for cotton dress Cotton
.:. bales.
3,924
17,830
30,229
goods, but transactions in the latter were limited, owing to the Domestics
9,659
2,469
.pkgs.
15,975
1,888
8,213
Hay
5,164
light supply.
...bales.
1,541
4,894
Domestic Woolen Goods.—The condition of the woolen goods Hops
Naval Stores—
market has not materially changed since last reported
bbls.
Crude turpentine.
100
upon,
333
21
bbls.
1.433
prices remaining firm and stocks being exceptionally small for
Spirits turpentine.
....bbls.
Rosin
16,284
5,385
17,841
the time of year. The demand for
391
spring-weight clothing wool¬
Tar
bbls.
24
561
ens has been of limited
222
15
Pitch
proportions, and transactions were mostly
604
•onfined to making deliveries to clothiers and cloth
cake
190,260
30,596
153,111
jobbers on Oil
account of former orders. Heavy woolens (for men’s wear) con¬ Oils—
Whale
gals.
tinued in good demand by the clothing trade, and orders for
32,024
10,600
Sperm
gals.
20,055
low and medium grade
Lard
6,319
37,197
gals.
107,4 IS
fancy cassimeres, suitings, cheviots and
719
Linseed—
2,014
1,036
overcoatings were recorded by agents to a liberal aggregate Petroleum
6,368,610
34,046,397
13,065,095
amount. Worsted coatings were only in moderate demand, but
Provisions—
prices ruled firm on all desirable makers.
...bbls.
Pork
20,766
4,606
22,051
Kentucky
jeans
were
in irregular
Beef
1,041
3,844
4,503
request, and, on the whole, sluggish, but prices
.tierces.
Beef
7,561
1,387
4,411
are
steadily maintained and stocks are well in hand. Satinets
lbs.
Cutmeats
50,078,203
10,278,384
73,934,725
were fairly active, and
lbs.
Butter
many makes are still under the control
2,259,013
700,508
3,032,434
of orders.
Flannels were in moderate demand and firm, but
Cheese
8,536,573
1,357,877
7,831,946
Lard
18,796.827
4,564,485
30,911,601
blankets were lightly dealt in. Worsted dress goods met
with
355
1,335
1,883
liberal sales, ana some of the Pacific Mills fabrics were advanced Rice
Tallow
1,135,573
5,657,656
8,375,996
-
■
•
..
A
..
v
.
..
..
'
.
...
-
...
'
.
about ten per cent.
Foreign Dry Goods have, as a rule, been quiet in the hands
of, importers and jobbers, but prices remained steady, and some
Brakes of linen goods were advanced.
.hhds.
Tobacco, leaf
Tobacco
bales and cases.
1,310
1,358
155,418
..
Tobacco.manufaetured. lbs.
lbs.
Whalebone
-
*
2,322
..
7,995
5,227
708,260
.20,276
3,408
3,591
712,821
6,991
i
V
'
THE CHRONICLE.
f 152
UNION TRUST
No. 73
Trask
CO.
Francis,
&
OFFICE
BANKERS
YORK,
NEW
Insurance.
Financial.
Financial.
OP
[Vol. xxx.
Broadway, Cor. Rector St.
70
.AND BROKERS,
A
15
New St., New York
Broadway
^CAPITAL,
HAS SPECIAL FACILITIES FOR ACTING AS
H'ran§fer Agent
and
Registrar of Stocks.
Authorized by law to act as Executor, Admlnlatra*
tor, Guardian, Receiver, or Trustee, and Is a
LEGAL REPOSITORY FOR MONEY.
‘Interest allowed on Deposits, which may be made
rand withdrawn at any time.
N. B.—Checks on this Institution pass through the
^Clearing-House.
EDWARD KING, President.
J. M. McLean, 1st Vice-President.
J. H. Ogilvie, 2d Vice President.
COMMITTEE.
EXECUTIVE
Samuel Willets,
Wm. Whitewbight,
Geo. Cabot Wabd
C. D. Wood.
A. O. RONALDSON, Secretary.
J. M. McLean,
Augustus Schell,
E. B. Wesley,
G. G. Williams,
STOCKS, BONDS and GOLD Bought and Sold OD
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Country Banks and Bankers re
celved
on
BANKERS,
OF WALL STREET
Brooklyn Trust Co.
■Cor.of Montague & Clinton sts., Brooklyn,
N. Y.
special charter to
trustee, guardian, executor, or ad¬
ministrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
Aale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHAS. R. MARVIN, Vice-Pres’t.
P. O. BOX 2.647.
ORIENT
Louis, District ot* Columbia Ronds,
OTHER
SECIRITIES,
jr. H. Latham.
STREET.
F. W. Perry.
Wm. F. Owens.
Geo. A. Mercer.
WILLIAM
3tember. N. Y. Stock Exchange.
Owens &
Mercer,
New
York, 28th Januxry, 1880. ■
The following statement of the affairs of this
Company on the 31st day of December, 1879, is
published in conformity with the provisions of
its Charter:
Premiums unearned 31st Decem¬
Exchange Court and 52 Broadway*
at wilL
Also, Contracts made and carried in New York
'Cotton and Produce Exchanges. We issue a Daily
Letter which will be sent on application.
_Jas. L. Anthony. Member N. Y.
Benry w Poor*
ANTHONY, POOR & OLIPHANT,
BANKERS AND BROKERS,
BANKERS and BROKERS
4
Exchange CoArt, New York.
tl years membership in K. Y. Stock
and Sell
Commission, /or Cash, op o*}
Margin, Stocks, Bonds, ana all Investment
on
& CO.,
No. 29 Broad
Earned premiums of the year
Losses and expenses
Re-Insurance
and
return
$771,077 35
393,686 83
pre¬
miums
199,398 30
ASSETS,
31st December, 1879.
Iftacnrodt a General Banking Business, buy and sell
<otmrm\en\Qn all securities dealt in at the New
Y-ertc. Philadelphia and Boston Stock Exchanges,
etther for cash or on marg» u. Special attention given
%o Mining Stocks, *
Jos. C. Walcott,
-
Frank F. Dickinson,
Members N. Y. Stock and Mining Exchanges.
B. F.
$70,467 32
United States stock
Real estate
260,000 00
78,142 00
350,029 18
Subscription notes, hills receiva¬
ble and uncollected premiums.
430,102 20
Corporations
ROND
AND
STOCK
BROKER,
; fipecial attention paid to
nvestmont orders
gtwto Mid Scads,
$8,875,558 00
secured by Stocks,
and
1,307,900 00
’ 500,000 00
Company, estimated at.
Premium Notes
and Bills Re¬
1,522,826 35
ceivable
Cash in Bank
231,455 16
!
$12,437,739 51
Total Amount of Assets
Six per cent
Interest on the outstand¬
ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 3d of February next.
their
legal representatives, on and after Tues¬
day, the 3d of February next, from which date
interest on the amount
so redeemable
will
The certificates to be produced at the
cease.
time of
payment, and canceled to the extent
ef Forty per eent is de¬
the net earned premiums of the Com¬
A Dividend
clared
pany,
on
for the year ending 31st December, 1879,
for which certificates will be issued on and after
Tuesday, the 4th of May next.
By order of the Board,
J. H.
CHAPMAN, Secretary.
$1,197,185 15
The Board of Trustees have this
day
JResolved, That six pel cent interest on the
outstanding Certificates of Profits he paid to the
holders thereof, or their legal representatives,
after 1st March next.
By order of the Board,
CHARLES IRVING, Secretary.
Henry R. Kundhardt,
Hugh Auchincloss,
Lawrence Wells,
William Pohlmann,
Francis Gordon Brown,
Alex. M. Lawrence,
John D. Dix,
Charles Munzinger,
Henry E. Sprague,
John Welsh, Jr.,
Lewis Morris,
Alexander Hamilton,
Constantin
Menelas,
Cfrrl L. Recknagel,
W. F. Cary, Jr.,
Carl Vietor,
Ramsey Crooks,
Arthur B. Graves,
H. L. Chas. Renauld,
Chas. F. Zimmermanr
Theodore Fachiri,
C. L. F. Rose,
Wm. S. Wilson,
Gustav Schwab,
George H. Morgan,
Francis B.
Arnold,
George S. Scott.
CHARLES IRVING, Secretary.
or
City, Bank, and
8,444 45
terest
ALFRED OGDEN, Vice-President,
HARTFORD, CONN*
viz.:
Real Estate and claims due the
-
EUGENE DUTILH, President
383 MAIN STREET (Hills BLOCK).
840,736 77
penses..
Suspense account and accrued in¬
Walter Watson,
Ernesto G. Fabbri,
Blakeslee,
1,524,331 04
i
Returns of Premiums and Ex¬
paid.
Cash in banks
E. H, R. Lyman,
Street,
period
same
redeemed and paid to the holders thereof, or
George Mosle,
Henry DeB. Routh,
BANKERS,
3,875,101 26
paid during the
$915,842 45
TRUSTEES
i. €. WALCOTT
Losses
Fifty per cent of tke Outstanding
Certificates of the issue of 1876, will be
Securities, in lots to suit.
1
January, 1879, to 31st Decem¬
802,271 22
on or
Exchange.
Risks.
the year ending 31st Dec., 1879
Total amount of assets
K. tT. Kimball & Co:,
Life Risks; nor upon
Fire disconnected with Marino
upon
$113,571 23
Stocks of
No. 10 Broad Street, New York,
And 83 Devonshire Street, Boston.
Buy and Sell on Commission all Securities
•Current at the New York Stock Exchange.
Allow Interest on Deposits. Make Advances
•on Approved Collateral.
issued
ber, 1878
premiums received during
Stock Exchange.
-Jab. H. Oliphant. Member N. Y. Mining Exch’ge
$5,371,048 49
been
Net
Total premiums
Interest allowed on deposits, to be drawn
1,671,981 91
otherwise
BANKERS
AND COMMISSION STOCK BROKERS,
Policies not mark¬
on
No Policies have
Loans
IN
EXCHANGE,
United States. Chicago, Cincinnati, St.
$3,699,066 58
December, 1879
Premiums
York Stock,
other Stocks
«
FOREIGN
52
OF THE
Mutual Insurance Co.
Co.,
Risks, from 1st January, 1878,
to 31st
The Company has the following Assets,
United States and State of New
•
T. H. Latham &
IKTESTMEXT
Co.,
MERCHANTS
ffourt, New York.
OFFICE
the 31st December, 1879 :
on
Marine
on
ber, 1879
Insurance..
ILK.Pierrepont, Dan’IChauncey, John T. Martin,
AND
H.J.Morse.
^rmmmca
Alex, M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
WM. R. BUNKER. Secretary.
BROKERS
COMMISSION
2 Exchange
■Wm. B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. B. Marvin, A A. Low,
Thomas Sullivan, Abm. B. Baylis, Henry K. Sheldon
J
WaylandTrask.
AND
of its affairs
Premiums received
Premiums marked off from 1st
R. T. Wilson &
BANKERS
January 24,1880.
miums
Buy and Sell Investment Securities.
AM.Kidder.
New York,
Total amount of Marine Pre¬
of STOCKS and BONDS for
the purchase and sale
ash or on margin.
Edgar M. Cullen.Counsel.
TRITCTFFS
Co.
The Trustees, in conformity to the Charter of
the Company, submit the following Statement
ed off 1st January, 1879
General Banking Business, Including
a
This Company is authorized by
net as receiver,
Insurance
AND BROADWAY
New York.
Transact
The
Mutual
favorable terms.
cJLcJlL.tCtXfet.
d& Co.
COR.
THE
ATLANTIC
Transact a General Banking Business.
$1,000,000.
......
OF
AOTW m
Secretary.
TRUSTEES
J. D. Jones,
Charles Dennis,
Horace
Gray,
W. H. H. Moore,
Edmund W. Corlies,
John Elliott,
Lewis Curtis,
Alexander V. Blake,
Charles H. Russell,
Robert B. Minturn,
James Low,
David Lane,
Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
Charles H.
Gordon W. Burnham,
A. A. Raven,
Wm. Sturgis,
Adolph Lemoyne,
Benjamin H. Field,
Josiah O. Low,
James G. De Forest,
Frederick Chauncey,
Charles D. Lev ©rich,
William
Bryce,
William E.
Dodge,
Royal Phelps,
William H. Fogg,
Peter V. King,
Thomas F. Youngs,
Thomas B. Coddington*
Horace K. Thurher,
Hand,
John D. Hewlett,
C. A.
William H. Webb,
Charles P. Burdett,
J. D. JONES,
William Degroot,
Henry Collins,
John L. Riker.
President.
CHARLES DENNIS,
W. H. H. MOORE,
A.
Vioe-Presidenfc.
2d Vioe-President.
^AYEN, 3d Yioo-Preeident.
@FedFRASER