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HUNT'S MERCHANTS' MAGAZIN^E.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE| UNITED STATES

VOL

NEW

2i5.

YORK, FEBRUARY

THE

National Bank-Note
(ISCORPOR.VTED KOVEMBEE,

Co.,

1859.)

WAI.!. STREET,

NEW YORK.
ESOEATEKB 01 THE

Omtted States Bonds, Notes, Correnoy
and National Bank Notes.
EsouAvnfa akd PRraxiSQ or
BAKK-NOTES, STATE AXD RAILROAD BONOS,
POSTAGE AND REVENrE STAMPS,
OESTIFICATES, DRAFTS. BILLS OF EJCCHANGE,
AND COMMERCIAL PAPERS,
In the hlgtiest itjls of (he art

QvanU
teiling

with tptotal

dorieed and paUnttd, to

and

pKTeut

alterations.

Surplus,
Buys and

Pquxips, Cashier.

issues

.-....-..

BANKERS,
13 tVALI.
world:

also.

all

Capital,

•

6c Francis,
BANKERS AKD BROKERS.

NEW STREET, NEW YORK.

TmupAct a General Banking Business.
STOi KS. BONDS and GOLD Bought and Sold on
CummlMlon, and carried on Margins.
Deposits Keccived and Intc est AlloTod.
I"" Accounts of Country Banks and Bankers recelted on faTorabIc terms.

HE.41> OFFICE, ITIONTREAI,.
GEOKGE HAGUE, Geneml Manager.
WM. J. INUuAM. Asst. General Manager.
BANICERS.

LONDON, KNO —The Clydesdale Banking Co.
NEW YOliK— The BanH of New VorK, N. If. A.

National Baok of the Republic.
The New York Agency buys and sells Sterling ExcUange, Cable Transfvra and Gold, issues Credits
available in all parts of the world, makes collections
In Canada nnd elsewhere, aid Issues Drafts payAblo
at a'ly of the ofilcc j of Dii' bank In Canaoa
ucmimd
crafts Issued payable In Scotland and Ireland, and
every (ieacrlptiou of foreign banking buslucss uuder-

with

53 ^VllUam

St.,

JESPP, PATON & CO.

raetsrs.

of Montreal.

CAPITAL,
SURPLUS,

$13,000,000, Gold.
6,500,000, Gold.

GEORQE STEPHEN,
R. B.

BANKER,
LA

ST..

Brothers
W^ALL

Sc

CO.,

LONDON.

&

Co.,

ST., N. Y.,

dollart for use in the tinlted States and adjacent
countries, and in pouruU tterlinff for use in any part

of the world.

THEY ALSO ISSUE COMMERCIAL CREDITS

MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.

G.

&

G. C. Ward,"

RARING RROTHERS & COMPANY
63 WALL STREET, NEW YORK.
38 STATK STREET, BOSTON.

John Munroe

&

Co.,

No. 8 Wall Street, New York,
No. 4 Post Office Square, Roaton.
CHEQUES AND CABLE TRANSFERS ON

MUNROE

& CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGUT ON
ALEXANDERS & CO., LONDON.
CiBCCLAH Notes ahd CssDrrs roB Tbavblbss.

ANQCS,

Centrale

NEW
at

Qoneral Manager

ror.K OFricB,

61

WALL STREET.
F. Siirrnzas.

Waltss Watsox,

Anversoise,

ANTWERP.
CAPITAL,

-

9,000,000 Franca,

-

DOES A OENEBAL BANKING BUSINESS.

President

Agents.

In

Its

Board of Managers It numbers some of Iha
In the commercial and flnancUl circles of the

men

place, such as Messrs. Lonla C. Lemme, NottAobm.
Dhanls (Michels-Loos), ran der liecke and Maqolmr.
This Bank Is already well known In the United
States, and with lu large PAID UP CAPITAL sboald

jmmand

the attention of

all. It Is

now

the strongeit

bank of Antwerp.

Bnyandiell Starling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits, available in any part of the world ; Issue drafts
on and make collections in CUcsgu and tlirougboat
the Dominion of Canada.

166 GRAVIKR STREET

MORGAN

Issue, against cash deposlU'd, or satisfactory gnarantee of repayment. Circular Credits for Travelers, in

first

Nos. 59

S.

BANIIVE

Bank

('

NEW ORLEANS,

JT.

OLD BROAD

No. 59

.

Charles G. Johnsen,
9IEKCIIil\T XSlt

Attoexbys and AesxTS or

messra.

President, the Hon. JOU.V HiMILTOX.
Vice I^esldent, JOHN McLENNAN. Esq.

New ITork Agency, No.

& Co

Boulevard Haussmann

agents pob

$6,200,000, Paid Up.

•

SI

Deposits received subject to Draft. Securities, Gold,
&c.. bought and sold on Commlseion. interest allowed
en Deposits. Foreign Kxchauge. <-*ommerclal Credits.
Cable Transfers.
Circular Letters for Travelers,
available in all ports of the world,

S.

Cable Transfers made.

Trask
No. 7

•

St..

Pbiladelpbla.
Paris.
DOMESTIC AND FOREIGN BANKERS.

parts of the

Time and Sight BUlt on the ITNION

BANS OF LONDON.

Exchange, and makes Cable

Commercial Credits available everywhere.
J. O. HAKl'EK, (..,.,,
J. H. G0ADBif,J-^8«°"-

takeu.

STREET, NEIV \'ORK,

Issue Letters of Credit. aTallable In

Sells Sterling

-

OF

Special attention

Kountze Brothers,

....

$6,000,000 Gold.
$1,900,000 Gold.

CANADA.

200,000

KlTen to COLLECTIONS, and
prompt remittances made on day of payment.
Boston buslnees paper discounted. Correspondence
1 anted.

-^

.

Merchants' Bank

Maverick National Bank
BOSTON.
Capital, ...$400,000
Surplus,

.

Transfers of Money.

A. D. SHKP.ARD, Xreaanrer.
JNO. K. CCRBIEB,' Secretary.
SjOi'l

.

Harjes

Co.,

South Thied

Brown

STREET.

No. 50 WAL,I.
Capital,

J. H. VAN ANTWERP, Pres't.
J. ItlAt DONOL'till, Vicc.Pres't.

Pottxe, Prcst.

34

Bank of Commerce,

t/ommunieatlont may h» addretted to (Ms

p.

No.

The Canadian

Company in any language,

Aba

&

W^ALL STREET.

No. 92

taf*-

t

Financial.

Commercial Credits Issued for use In Eurore, China.
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Brafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
collected and other Banking Business transacted.
D. A. MacTAVISH.I
MacTAVISH,'{Agents.
.„„„
M. MOKIilS.

counter'

Thia Company cngravea and prints bonds, poetage
tamps and paper money for varioas foreign
tiovemmenta and Banking Instltntions—Soatli
American, Earopean, West India Islands, Japan, &c.

659.

AOENCV OF THE
Drexel, Morgan & Co.,
WALL STREET,
Bank of British
CORNER OF BROAD, NEW YORK.
North America, Drexel
Drezel,
No. 53

1

NO

187S.

FinanoiaL

Financial.

OFFICE, No.

9.

London

OlBce, No. 9 Rtrchln Lane.

Hatch
BANKERS,

&

No. 13

Foote,
WALL STBBBT'

BUT AXD Um,
QOVKBNMXNT BONDS, GOLD, 8TOOS8
MISGKLLAMKOUS BBCUBtTW.

ikXD

THE CHRONICLE

ii

THE
Pacific National

OF

Bank

ROOM

HolUngsworth

JB., flrin of

Whitney.

„,

&

[. Bbntox.
The well-known character of these gentlemen Is a
guaranty of a faithful and discreet management.
Mercantile Accounts and Accounts of Banks and

A.

Bankers received on most favorable terms.
Collections made on all accessible points. Special

attention given to the sale of Sterling Bills of Exchange ; also to orders for purchase orsalc of Government Bonds and Gold, and to collection of Coupons,

Dividends and lieglstered Interest.
Interest allowed on Deposits, according to agreement. Loans made on Merchandise, on satisfactory
margins.

The olllcers will give personal attention to all business entrusted to them, and no pains will be spared to
make any business relations with the Bank mutually
pleasant and profitable.
President.
A. I.

BENTON,
J. CHICK, Caabler.

F.

WALL STREET,

DEVONSHIRE

12

E

in

H V IV T £ R

S

26 Pine

cm[ bank

xus:

Texas.

We give special attention to collections on all accessible points.

DiRKOTOBS.—Benjamin A. Botts. Pres*t: C.S. Lonecope, W.J. HutjhIns.K. A. Rice, C.C.Baldwin, W.B.
BENJ. A. BOTTS, Pres't.
Botts, Rob't Brewster.

WEEMS,

Cashier.

T.

W. House,

&

Adams

Board

Co., Anglo-Californian
liONDO.N,

DKVON8HIRB STREET
BOSTON,

&

.'.1KOKER3,

-

Seli2;man

St.

$6,000,000.
1,S50,000.

Information

a

2,500,000

President.
J. C. FLOOD, Vice-President.
C. T. CHRISTENSEN, Cashier.

far-

NEW
ST.),

Orders In Stocks and Bonds prompily executed at
he PhiladelpUlaand New kork Boards.

i-«outhern BanKOis.
tc.

UsKBCss, Pren't.

First

A. K. WAUun^Cashiei.

National
WILiUINUTON,

OoUectlone mute on

all

Bank,
N. O.

puis of the Csited States

Smith,

Patnk

k,

GAULT,

Bank

-

$1,000,000.

-

-

MURRAY,

C. B.

Pres't.

Cashier

BRAJfCHES:
Hamilton, Ont.; Aylmbb, Ont.; Pabk Hill, Ont.
Bkdfosd, p. Q.; Joliettb, p. (J.

AQENCIES:
QnSBEO, Valletfield.

LONDON.— The Alliance Bank (Limited).
NEIW YORK,— The National Bank of Commerce
Messrs. HUmers, McGowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.

The Bank of Toronto,
CANADA.
Capital,

Reserve,

$1,000,000.

HEAD

$1,000,000.

OFFICE, TORONTO.

DimcAN Coulson, Cashier ; HroH Leach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
Barrle, St. Catharines, Collingwood.

BANKERS:

London, England. — The City Bank.
Bank of Commerce,
«»„.
NEW vnoir
YOEK. ij National
j; p gniithers and W. Watson.
llectlonsmadc on the best terms.

o

Financial.

J.

&
33

J.

Stuart

&

Co.,

NASSAU STREET.

EXCHANGE ON

SmiTH, PAVNE

&:

SmTH'S,

BANKERS, LONDON

;

MANCHESTER dc COUNTY RANK,
"LIMITED";
JOHN STUART &. CO., Rankers,
MANCHESTER, PAYABLE IN LONDON
UliSTER RANKING COMPANY,

Smiths.

to Issue

Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
C. F.

Penzbl,

BELFAST, IRELAND;
AND ON THE

Thb Bank of Nkw TonK, N.B. A

YOIIK

The Bank of New York, N.B. A., is prepared

President.

k.

street.

;

LONDON

Austin,

J.
STOCK BROKER,
303 WALNUT PLACE (316 WALNUT
PHII.ADEI.PHIA.

Wall

OFFICE, MONTREAI..

BILLS OF

CORRESPONDEyrS:

Bell

HEAD

SAN FKANCISCO,

LOUIS MoLANE,

<''3.

Up

Capital Paid

SAN FRANCISCO, CAL.

olslied.

&

59

Exchange

Canhler.

Reserve,

N. i. CoBBEapoNDaNTB—McKini Brother*

Agents

street.

Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold

& Co.

Capital, fully paid In coin, $10,000,000

specialty.

and

L'LIENTHAl.

Or"

IB VESTMENT and VIRGINIA 8EC0KITIKS
solicited

Lombard

F. LOW,
i Manauera
lONATZ STEINHART.J**""**''"-

Co.,

BALTIICOUE.
Correspondence

& W.

The Nevada Bank

tialtimoro Bankers.

BANKKKS and

93

FRKII'K
P. N.

Wilson, Colston

J.

Transact a general Banking baslness. Issue Com
merclal Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stocks, etc., executed upon the most favorable terms

and

City

Califomia

Office, 422

NEW YORK Agents,

Aatliorlzed Capital, Paid-up and Reserve,

Oonutr Itonds.

^

Bank

neacJ Office, 8 Angel Conrt.

SAN FRANCISCO

Stackpole,

Western

in New York:
Bank of Montreai,,

Agents in London
BoaANQUET, Salt & Co.,

Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
Collections made promptly and remitted for at lowest rates.

(LIMITED),

County and Kallroad Bonds.

Fhila.

.Moody & Jemlson.

Now York Correspondent

Western Bankers.
THE

STATE STREET, BOSTON.

Sell

Cashier

FOREION AGENTS:

TEXAS.

DAIiLAJI,

hajif!.

DEALERS IN G0VEBS51ENT SECU-UTIES, Gold,

Bny and

WILEIE,

D. R.

PORT COLBORNE,
THOMAS, INGEBSOLL, WELLAND.

Leonard,

B A N.E BBS,

8c

;

OFFICE, TORONTO.

Dealers In American Currency and Sterling Exchange*

M. H.

STATES AND EUROPE.

BANKEBS,

73

ST.

MADE THR0XJ9B0U2 THE

BUYS AND SELLS EXCHANGE ON ALL THE
PRINCIPAL CITIES OF THE UNITED

and Commercial

Chas. A. Sweet

$1,000,000.

ANOHSiS:—ST. CATHERINES,

STREET,

InTestmest Securities conatantlTon

R

or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.

SI ATE

Co.,

Orders executed on Commission at Brokers

BANKERS,

HEAD

HOUSTON, TEXAS.

ST.,

COLLECTIONS

Auctions, and Private Sale.

&

Capital,

HOWLAND, President

BANKER,
MAIN

41

Bank.

Bank of Canada

Imperial

of uousxon,

Houston,

Co.'s

Especial attention given to Collections, and
mittances promptly made.

Capital, $500,000,

Gold, Silver and Negotiable Securities.

ANESBS,

Dealers' In Stocks, Bonds. Gold

Farker

New Yohk—Tradesmen's National Bank.

Canadian Bankers.

Tiew Vork,

Street,

paper.

Btate, City,

CORIiESPONDENTS.

,

Broker and Dealer in Southern Securities. Loans
Negotiated. Advances made on Securities placed In
my bands for sale at current rates.
Kbfkbencks.— Henry Talmadge & Co., and Eugene
Kelly & Co., New York; Southern Bank, Savannah. Gg^

Boston, mass.

40

B.

AND

J A

A. .J. WILLIAMS, Vlce-Pres't.
G. COLLINS, Cashier.

EBERT, Pres't.

OF CAIVADA.

Municipal Bonds.

No. 35 CONCSRESS

F. J.

$250,000
185,000

DEALER IN

Boston,
York,
BANKERS AND DEALERS IN

&

Savanuali) Georgia,

81.

ST.,

New

Brewster, Basset

Box

DENVER, COIiORADO.
Capital Steele, Capital Paid-ill,

San Fbancisco— Wells, Fargo &

James Hunter,

B. F.

Oeo.Wm.Balloii&Co

B

—

Geobqk H. Hoi;r,
Member N. Y. Stock Exchange

©KO. Wk. Ballotj.

8

Special attention paid to collections, with prompt
remittances at onrreut rates of exchange on day of
jayment.
,
„
New
Bank,
German American „
Correspondents.
fork; LoulBlana ^atlonal Bank, New Orleans ; Bank
If Liverpool, Liverpool

P. O.

Exchange Bank,

Co.,

BANKERS,
MOBILE, ALABAMA.

,

P. LiRow.v, firm of Brown, Steese & Clarke.
M. B. ToWKR, Marine (Jontraetor.
M. P. SPKINGEB, firm of Springer Brothers.
Edwin Ha.t, Agent Connecticut Life Insurance Co.
E..M.F0W1K, firm of Fowle& Carroll.
J. H. Sanborn, Merchants' Tobacco Co.
Gbo. C. K\Nd, Arm of Hand, Avery & Co.
J. H. Whitakbb, firm of Enoch Bcnner & Co.
ABTHtTKSEWALL, President Bath National Bank, Me.

G

&

Thos. P. Miller

This Bank, duly authorized by the Comptroller of
the Currency, Is now open for business at
No. 2, SIALTO BUILDING,
Opposite the Post Office. 131 DeTonslilre St.

LzoNkBD WHiTSBr,

B B. WILLIAMS, JNO. W. MILLBB

rnOS. p. UILLKB,

BOSTOIV.

DIRECTORS:

Western Bankeri.

Southern Bankers.

Boston Baakers.

XXVI.

[Vol.

5
(

BTATE BANK, )C.T. Walkkb
Incorporated

l»i5. f

Cashier.

German Bank,
I.ITTI.E
CAPITAL (Paid-in)

ROCK, ARK.

SuRTLUS
Prompt attention given

$75,000.
25,000.

business in our line.
N. Y. COBBEsroiraiENT, Donnell. LawBon it Co.
to

All

NATIONAI<

RANK OF SCOTLAND.
also,

CABLE TRANSFERS AND LETTERS OF CREDIT
J. H.

HAAB.

J.

HENGSTLEE.

C

F.

KUKHNEMITNDT

Haar &
BROKERS,
BANKERS AND
STREET.
Co.,

45 W4LL

DEALERS IN SPECIE AND UNITED STATES
SECURITIES. Buy and sell Stocks, Bonds, and Gold
for cash or on margin.
orders for Investments.

OliDERS

Sptclal attcutlou paid to

„
KXKCUTED AT THE PHILADELPHIA

AND BOSTON STOCK EXCUANftES

FEBRUAnT

0, 1878.

I

|

HE CHRONICLE.

riI.l!HI>AIf;.\,
S K () H SAL K

li

ILL.,

FINANCIAL AQENCY

I3j?ljvk:-]vote CO.,

CITY OF MONT«O.HERY, ALABAMA.

FIKST IflOUTGAGB
REAL EMTATU
COIIPOK BONDS,

OFFICE,

TKV

tlir..U^!j

h.iK

II.'.

UMI

Jll
1,1

i:mi

lil'::MI

I

M.

1

It

,1-

I

>/

.(•

!

,!

.':

\! IT<t UATTTH, Chnmpnian,
il l.l.t'.rs, VnuncU /limra, Jtiwa.
lihYKIl, Vriiuiell, Iowa.

i;i

m.

An

Imuis are ciirefuUv made, after personal
I'f
ihu sociiritv. h\- 111, Hill. -rs of the above
know the aotual
flnns, n-tio, tlvliig on i'
r and
responsivalue of latHlit and
iiince In tbe huBlbility of ImrrowiTs, an
nrri.s fill !);. |i:i-l >I\"1
i,\ 1 l':Ai;i^ hat) enabled ttiem
fiii^r
InspL'titliMi

:

i

BROADWAY,

142

New

of Jl.l'Onnd uimurtis, ylddlng EIGHT to
p'T r-nf c.-itii ;uinuai iuturcst* and not{utlatod

Kmoums

In

Bank-Notks, BoyDs fob QOTEmMxitirrs Ain> Cob
poKATio.-<B, Bills or Exooajiob, Cbbtifioatzs
or Stock, Postaqb and Bxvbmub Staups
Pouciis or Inbdrakox, aits .vll
Kinds op Skodbitibs,

most autistic style,

IN tbe:

AND

:

ill iri' . iM .1 iiMiin to InvcHtora.
k'l\iiiiM ii
.III
I'ltiti'il for the prompt collection
11
of UciUuUijLl muuldiiul bonds.
.

1

I

in A BUILDING PIWOW AOAIKST FIBB.

.

I

840

P. Ct. Interest

ALBEIIT

OOODALL,

ProsWcnt,
C. L. Van Zani>t, Vice-Pres. & Manager.
Taso. H. FitBBLAND, Sec. Gbo. H. Stayner, Treas.
Q.

tors of Loau», Cornliiff, Iowa
195 Itroarlwny, Western Union IMiJk., N. \ ., make
loans ou tho bcsi Improvut] farms In Iowa, at 8 t« 1
»cr ct-nt Interest. Always first liens und Improved
/nniii
never exceeds one-lhlrd the cash value
of ihi- land alone.
The bonds have coupons
attacti'Mi. nnd the lntrre<it is paid semi-annually, at
tli>»
i':i;riil National Hank, In New York, and the
principiil. when due, at the same bank. Several years
e\," ri.riit; of the flnu In loaning has shown tliese
louQS Cw )'e

HATCH,

FISK &

(

PERFECTliY SAFE!
The Interest and principal hare always been paid
when due, without tUtj l0!*s of a dollar. Send for full
printed particulars, or call at the New York office
and examine nmps and applications for loans In sums
'"'

Wm. A.

Wheclo.-

BS:

Clllinan, sni!

Cent. NatH Bank, N.T.
l^schanec Place, N. Y.
-..tlonalfiank. N. V.

A-

BAN KERS,
No. 5

NASSAU

H.
Her,

,,

ST.,

II. I..

.\:

\V.

'itiis

SAVINOS HANKS EVEN, prove
CK.STUAL

ih.'Old

r.. .1,1 «

"

ll,Ll.NOl&

"

tOA.N

iinmoVfd aniirlst the storm. If you
AU>()l,l:iKl.Y SAKE IN ANY
-, liddresi*. for clri-ular—" Actuary of

.

KANr-A». MianuUlil

AUKIiCT."

1978,

I,

new bonds
Jaauary
Bends.

3,

Inued la

of tbe City of Montgomery, falling due
1873,

Hoon

Issued In exchange for Market

They are

also agents for

exchange of Market

A (JE.STKAL ILLINOIS l,OAX

.Iin80Kvii.L,K. III.

NEW

Bonds bongbt and lold

lat,

NEW YORK, FEBRU-

ST.,

1S73.— Tbo limited pirtnorshlp heretofore

existing between the undersigned

Is this

day dlsaolred

by mutual consent. The business of the

late firm will

In

and for-

be settled by their successors,

TRASK tn FRANCIS.

SPEN'CEB TRASK,

JAMES FRANCIS.
GEORGE F. STO.NE

and Bonds.

(Special).

l^EW YORK, FEBRUARY

J.&W.

Seligmanfic Co.,

1878.— We beg to Inform

BANKEKS,

formed a partnership under the Arm name ot

EXCHAIVGE PLACE,

CORNER BKOAD

N. Y.

OLD AND TniED.
Bonds. Stocks,

due January

Deposits received In Currency or Gold,

eign coins.

UR. Co.

Esq., 3 Ferry street. N. Y.
Udell, .vttorneys, XI William street,

Ai;i

falling

exchange for railroad bonds, and also Interest on

ARY'

NKIV YORK.

suit Investors; also Gold, Silver,

fi9

A Solid Ten Per Cent.
brim.-

Montgomery,

Affeutsi,;

on newllioads of :the City ot

Interest

and Interest allowed on Bnlances. Special attention
paid to Investment Orders for Miscellaneous Stocks

iinswlck, JJ.J.
Ct.

Aaron Healr,

Bd wards &

U. S. Oovernment

amounts to

,;

Chii-.
A. J.t'ucii, ^80.. >.'.'v

Financial
Are payldg

rr

;

fromff**"-

PEARL STREET, NEW TOBK,

133

Boose Bonds.

Iowa Bonds & Morlgngfs
GFO. W. FRANK & DAK
now, BANKKHSaiidNegOl!»

and

ranglnif

L.EimA9l BKOTIIER8,

York.

ENGRAVES AND PRINTS

i

to

Financial.

American

A. C. Burn ham,
OFFK

{

Financial.

Fiaancial.

[EaUblislicd IftU.]

di

NEW

STItKET,

YORK.

you that we have

Henry

S.

King

Co.,

&;

BANKERS,

this

day

TRASK

& FRAKCI3, and will continue

the business as here-

tofore at 7 New atreet.

SPENCER TRASK,
JAMES FRANCIS.

Issue Letters of Credit for Trarelers,
Payable lo any part of Europe, Asia, Africa, Australia
Bad America.
Draw Bllla of Exchange and make telegraphic transtera of money on Europe and CalUomla.

1ST,

OFFICE OF THE

ILLINOIS CENW

TBAL RAILROAD

CO., SI Kawau street, NewYork, January 17, 1S78.-A dividend •of THREE PEB
CENT has been declared by this Company, payable oa
the l&t d.y of March next, to the holders of the capital stock of this Company, as registered at the close
of the ;2th day of February next, after which, and
until the 4th day of March, the transfer books will be
L. V. F. RANDOLPH, Treasurer.
closed.

45 Pall mall, I,ondoii, England.
CIliCULAi: NOTES /><< 4^ cAarirc, available

West Chicago,

111.,

Issue

m all

d^Xij)IaSSAUSt. coMmssr'
Capit>vl,$ 1.000.000
Allows interest on

di'poBlts, returnable on demand,
oratspei^illcd dBrrs.
a itliLriz.id to act as E.xccutor,
Aammlstnitor, ttuardlan, Keceivt'r, or TiUBtep. Likewise, Is a legal depository lor money paid Into Court,

U

or by order of any Mirrc'Kaie.
Bceletles seeKIng income Irom

HKVUY
BKN.I.

SPAnLDISO.

K.

II.

SHKKMAN.

FKKDKIIICK
C.

Jacob p. Vermllye,
arm-i 1)
n ''i?'K'"'"i8«m
li_.beock,
Bales,

Ban-.iel D.

President.

(Vice

coMMnrcE:

B".ij«min H. Sherman
V'^"""' W. Lane.
Jacob
D. VermllVe,
ooo. .*iaceuu"u Milloi
Kosweli Skeel

Ciiarie. () Landon,
Kaoiuad tV.Corlles.
"•• ^''"•"".
i?nn'"'"'S
v>
lliiam II. Appltton,

A. A. Low
D»Vld VITolfe B'ShOp,

Martin Hates
William Allen Butler,

J. Pierpont

Moraan

'
Percy K? tVne.
Charles Abe?nelhr.

P. Wallace.

Henry F. Snualdlng.

H.- L. Grant,
No. 145

BKOADWAY,

^•E^V

YOKK.

nessrii.

John

WARD,

CAiflPBELI.

WAL8T02t H. BBOWX.

te.-

CO.

84 Pine

BANKERS,
Street, New

GREENEB-AUm,

S.

Broker, 20 W^all Street.

SECURITIES.
$OUTHERN
Loulfiuna, (icorKia
Alabama

iiud
Bonds,
So. Carolina,
Cities of Wilmington, t:lmrlc*ston and N. Orleans Bds,
Cities of Ml inphis, Nashv'e, VlrksburK & Mobile Bds,
lii;.
.Memphis
Cliarl.
Itli.
Atl. & Gulf
Bonds.
&
Bd«,
TfXiis I'aclflc llli. Bonds. Mississippi Central Bonds,

Houston & Texas Central Railroad Bonds,
Georgia Kit. Bonds. Georgia Central t(R. Bends,
Loul>vllle& Nashville BR. Bonds and Stock,
Macou & Brunswick and No. Car. B'ds to No. Car. RR,
Mobile & Ohio and N. Orleans Mob. ^b hatt. UK. Bds.
So. Car. BR., Northciistcrn Rn., Ala & Chatu. Bonds,
And all other Southern Securities which are salable.
Bought and Sold by
31 Pine St., N. V.
WJH, U..

UTLEY,

York.

SPECIAL ATTESTION GIVEN TO THE NEOOTUi
TIOX OF

RAILROAD SECURITIES.

WANTED:
Alabama, South Carolina Ic Louisiana
rstate Bonds;
New Orleans Jackson \ <;t. Northern,
rvli!tsl.i«Mii>|>i <'«||itral, and ITlublle
A: Ohio Itutlroad iluiids
City or New Orleans Bonds.
;

R. A. Lancaster

&

LEVY

Co.,

BANKERS AND BROKERS,
66 Broadwajr, Neir York.
SOOTHBRN AND MISCKLLaNEOUS SKCUWTIES

AND RAILROAD 8ECD2UTIBB
A Specialty.
Laana Nesotlated.

NEW YORK,

BOSTON,

n 8ta<« Street

Pearl Street.

GOSSLER

&

Co.,

0OB»BSP0XDB»T« OF

Bank or iiambars and
London, (Limited.)
HOCSR IN KDKOPK,
BEBENBERQ, OOSSLEB Ic CO
BAUBUBO.

International

'OHN

BORU,
» WALL STKEET.

OF

FORSTER

& CO.,

Austin, Tezaa.

VIBOINLA STATE

134

»c

GERHAN-AHCRICAN BAiXK

Bought and Sold on Commission.

Hickling,

Sa Broadwar and ai New St., N. Y.,
"""" '""" ""= '""""""• O" » P"
leSt LiSSn""
M"K'n. as Sbarea.
J?l J«»rs:lo.
^-•SO
5lt Shares.
f 100 lUtgUi, 100 bbves

rSBD. A. BEOWir.

Walston H. Brown & Bro.

BOUGHT AND SOLD.

AT THE NEW STOCK tXCIIANGE OF

D.

Collections on all Points. Receive Deposit
and Current Accounts on favorable terms, and do s
Qeneral London and Foreign Banking Business.

KINO, BAILIilE Sc CO., Liverpool.
NEW YORK CORRESPONDENTS,

1890.

A LIMITED AMOUNT FOR SALE BT

Execute Orders on the Loudon Stock Exchange.

CITY RAILUO.^D STOCKS & BONUS
8«a quoUtlopB of City Railr oads In thu paper

Due

agalnsi

Make

Amos K. v no.
Charles o. Franchlyn,
TKmUm H. Woob,

".'^.S''.,*"'""'"'''
jjavid D..WS,

for nse

Consignments of Merchandise.

BOARD Of TRUSTEKS:
Babcock,

f.'£i'?I•'pl^°"'^•
Isaac N. Phelps,
Joslsh .M Ftoi,e,

COMMERCIAL CREDITS

II.

Ajoos K. Kno,
Kredcrlcli II . Cossltt
Isaac N. Phelns.
Edmund W. Corlloa.

1

James

Firms and

In abeyunce. or
lu this Instltn

COSSITT, 5 Presidents
K.P. BABCOCK.Secrelary.

hXKcuitrii

MarUn

loilivlclual.-.

money

And sufetyaiid advanltige

•t rest, will

PAKK SEVEN PER CENT BONDS,

parts of the world.

Grant

TcXAS FARM MORTUAOES A SPBCIALTT,
per c?Bt Interest, psysbU In New York semiannually. Absolutely safe loaas made on sroperqr
worth, at present low valuations. S to 5 Umea toe
amount loaned. TlUei periect and property vlalled
personally. Correspondence solicited.
Culleclient made and promptly remited for.
10-12

G. Amsinck

6c

Street, New
ASBBT* rOB TBB

ISO Pearl

Co.,
York,

LONDON AND HANSBATIC BAN!
(LuijTas).-i>OIII>OI.

CHUONIOLR

1?HE

IV

Financial.

Financial.

THE

MINING COMPANY,

(ANNUAL),

8

'r

.

Retrospect of 1S77.

Bankln;; and FinancialBank Figures and

DIVIDEND

Fargo

iSs

Co.,

Balance, V. S. Exports
Articles,

Tonnage

Commerce,

Trade

office of the

(No.

$553,000, being at the rate of only J9,O0O

per mile of roai.

20)

Tbe Bakota Southern Bailroad runs from Sioux
City, Iowa,

CON-

these years of business depression the net earnings

KdSHER

Influences in

New

CO

Movement, &c

,

in

First

security

is

London, 1883-187".

New York, from

186S to 167T.

Foreign Fxcliange-

Mortgage Bonds.

being

The sinking

constantly

Etrengthened,

The Bonds
87X per cent and ac-

at par in gold is annually increased.

now

offered for sale at

crued interest, at which rate they yield eight per
cent gold interest.

,

WALSTON

&

BROWN &

H,

Ballou,

G. T.

STOCK AND BOND BKOKEnS,
6 Wall Street, New Ifork.
STOCKS. BONDS and GOVERNMENT SECURI

BRO.,

Bonner &
WANTED

Paul

&

47 Wall

8t3->Mt.

10

Per Cent Bonds.

FOR SAL£:

Co.,

Louisville City 78, due 1891, Railroad Issue.
New York City Gold Coupou 6s, due 1901.
International Rnllroad of Texas 1st Mort. Bonds.
Flint & Perc Marquette Railroad Consol. Bonds.

BANKERS,

Methods of Quoting.

:

&

Pacific Kallroad Bonds.
Little Miami Railroad First Mortgage Bonds.
St.

Galveston County (Texas)

Brothers

Co.,

West Wittconsin Railroad Bonds.

MATURIN BALLOU.
CHAS. GREGORY,
Member N. Y. Stock Exchange.

McKim

Street.

BANKERS AND BROKERS,
No. 20 Broad Street, New Tork.

TIES bought and sgld on commission, for cash or on
margin.

Silver in the United States.
Tlie Silver Question.

Prices of Gold in

its

34 Pine

&

Gregory

1870.

Frodnction, Exports and Imports of Gold and

per cent, the amount required to pay the

on

and the probability that some of the Bonds
held by each person will be dra^vn and paid off
are

Sc

expenses have each year exceeded, by more

;

York, and Prices of Call

Gold and Silver—

fifty

the

References.— Messrs. Clark, Dodge & Co., Speyer
New York T. W. Clark & Co., PhUadelphia.

Loans and Commercial Paper since

all

than

fond provides for the drawing by lot of fonr per cent'
in 1879, and five per cent annually thereafter. Thns

TreaBurer.

BANKERS AND BROKERS,
Co.,

over

interest

Municipal liefauUed Uonds.
Holders and deales would consult tliclr Interests by
conferring with us. Reliable Information cheerfully

P. F.

The road has been com-

pleted and running about five years; and during

Special attention given to Coinprjmlslng, Funding,
Buying or Selling Missouri County, Township and

urniahed.

Yankton, the capital of Dakota, a

to

dietance of 62 miles.

Stock of this company has been declared, payable to
Btockholdera of record at the Company's office, February luh. Transfer hooka will close on the 5th and
re-open on the i2th Inst.

GODDARD,

Amount now OuUtanding

Original Issue, $600,000;

ST. LOUIS.

Canals.

Prices in

Wei s^

Transfer Agents,

EXTRi. DIVIDEND

and Imports, Leading

Tbe money Harket—

Prices,

FIRST mORTGAGE 7 PER CENT
GOLD SINKING FIND BONDS.

19.

of same amount has been de<Jlared, payable at the
same time and place.
H. 15. PAliSONS, Assistant Secretary.

Trunk Railroads and

of

No.

BEFAVLT£D BOXDS.
Beturna.

Commercial-

— Foreign

Dakota Southern RR.

New York,

Also, an

&c.

London— Money Market and Bank

States

Btreet,

65Broalway, on tha 15th lustant.

C.

New York City— Bank Returns,

Broad

The ReKUlar Monthly Dlvldenl of FIFTY CENTS
(GOLD), per sh<are, has been declared for January,

Cnrrency Movements.

United

31

18T8.

SOLIDATED GOLD AND SILVER MINING
COMPANY, 31 Broad street. New York, February 1,
1678.— A dividend of ONE PER CENT on the Capital

mercantile Failures.

— National

(,

OFFICE OF THE AmERICAN

CONTENTS.

United States

February

payable at the

8
Ready February 15.
1

Financial.

OFFICE OF THE ONTARIO SILVER

Review,

Financial

[Vol. XXVI.

attw YorR.

New York, 1670-1S77.

luTestments and SpeculationPrinciples Relating to Investments.

Investments of Financial Corporations in

York

New

City.

Compound
lations of

Interest Table,

Money

ROYAL INSURANCE

Showing Accumu-

OF LIVERPOOL AND LONDON,

in a Series of Years.

Table Showing the Rate Per Cent realized on
Securities Purchased at dilTerent prices.

Stock Speculation in

No. 56 WAL,L.

New York.

Table Showing the Interest Cost of Carrying

Debt of the United States; Terms of Payment,

State Debts and

Immaoity from Prosecution.

Prices of State Securities. 1860-1377.

United states Government Bonds, market value, January
Cash on hand and in bank
Interest dne and accrued
Premiums outstanding
Due from other companies.

1,

1878

f 2,180.333 75
8T?,001 SO
45,915 00

Liabilities, including

Kailroads of the United States.

172,706 51

...

4,93153

GROSS ASSETS

Railroads and tbelr Securities—

1878.

ASSETS.

&c.

and Securities-

1,

U3VITEr> STA.TES BK^^TVCH-

United States Debt and Securities-

State Debts

STREET.

Abstract from the Annual Statement as rendered to tbe Insurance Dcparlment January

Stocks.

Prices of U. 8. Bonds, 1860 to 1877.

CO.

(FIRE)

$2, '181,892^

unearned premiums

SUHPIiUS

1,164,085 70

gl,ai7,807 29

^

Railroad Earnings.

Income

English Railroad Laws.

for the year 18T7

$1,771,431 49

Expenditures for the year 1877....

Prices of Railroad Bonds, 1872-1877.

suRPiiUs iNcomE

Prices of Railroad Stocks, 1860-1877.

Investors' SupplementThe Investors' Supplement is famished dar

1,888,059 69

,

$533,371 so

:

HEAI> OEEICE STATEMiElVT.

The

$9.651. 600 OO

Subscribed capital

ing the year only to regular subscribers of
the Chronicle, and no single copies are sold.

One number

of

Of which there are paid la cash
Net surplus

that for January, will be

bound np

in the

BRANCH

Price In Cloth
"
To Cheoniclb

$2 CO
Subscribers. I 00

RALPH POmEROY,

^k

&

81 William Street, N.

CO.,

AND 23d ST., NEW YORK,
JOHIV GREEN, Agent.

COR. THIRD AVE.,

Agent.

NEW YORK
ADAM NORRIE,

BB.VJ. B.

TRUSTEES:
SHERMAN,

EOYAL PHELPS.

COMMITTEE OF MANAGEMENT:
WM.

WIL.I.IAM B. DAXA
PCBLISHEES,

OFFICES:

MONTAGUE STREET, BROOKLYN,

in connection with the record of prices.

C.

PICKERSGILL,

ADAM NOUKIB.
BENJAMIN

B,

H. DEt.

FRANCIS SKIDDY.
HENRV A. SMYTHE,
OSGOOD WnLSU.

ROUTH,

ROYAL PHELPd,

SHERMAN,

A. B. mcI>»NAI.D,
Tf.

43

$6,840,865 44

Surplus for Policy Holders

1£3

79

6,393,H

the Supplement, however,

FiKAHciAL Review, thns furnishing a complete exhibit of stocks and bonds for reference

$1,447,7,'5 CO

•

F. F.

BEDDAL,

I
S-

i

MANAGERS.

Ixtmtk
HUNT'S MERCHANTS' MAGAZINE.
EEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

SATURDAY. EEBRUAllY

26.

CONTENTS

involves several noteworthy fiscal principles, the admis-

THE CHRONICLE.
Indattrial Depression and Legislatire Dc^ay In ( onRress
1C7

The CompUcations
Propo^ted

in the

Conference

East
the

I

of

Powers

..

158

I

130

ImportsandKiportsfor Dec. ,1817.
Monetary and Cummercial

131

liiitcst

English

I

News

Commercial

and

131

Miscellaneons

Hi
News
THE BANKERS' GAZETTE.

Kallroad Earnings in January...

Money Market, U.

S.

.

1S4

I

Sccnrltles,

I

Railway Stocks, Gold Market,
Foreign Exchange, N. T. City
Banks, National Banks, etc
186

i
I

I

Qnntations of Stocks and Bonds. 1^9
Local .Securities
140
Investments, and state, City and
Corporation Finances
141

New York

THE COMMERCIAL TIMES.
Comrnerrial Epitome
Cotton

141
J44
148

Breadstuffs

IDrv Goods
Imports and Exports

148
14!)

Prices Current

150

changes
no savings bank which
has become insolvent shall pay internal revenue taxes
that may be due, where such taxes would diminish the
dividends due to depositors. The second section, which
was added by way of amendment, provides that in making further collections of internal revenue taxes on bank
deposits, no savings bank, recognized as such by the laws
of its State, and having no capital stock, shall, on acconnt
will necessitate other legislative

of importance.

It enacts that

of mercantile or business deposits heretofore received

upon which no interest has been allowed

€\)tonicit.

®l)ie

which

sion of

The Debt Statement for Jan., 18*&
I

NO. 659.

1878.

9,

to the deposit-

be denied the exemptions allowed to savings banks
The COMMKitciAL AND FrNA>xiAL CnRONici-K t« iMued on Satwhaving no capital stock and doing no other business than
day morning, with the latest news up to midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE: receiving deposits to be loaned or invested for the sole
ors,

For One Year, (including postage)
ForSlxMonths
Annual subscription In London (including postage)
Sixmos.
do
do
do

$10

20.
5s.
Gs.

1
Subscriptions will be continued nntil ordered stopped by a written order, or
at the put/lication qffice. The Publishers cannot be responsible for Kemitiances
nslees made by Drafts or Post-Offlce Money Orders.

London
The London
Street,

office of

OIBcn.

the Chronicle is at No. 5 Anstin Friars, Old Broad
will be taken at the prices above named.

where subscriptions

Advertlsemeuts.
Transient advertisements are published at '.!5 cents per line for each insertion,
bnt when definite orders are given for five, or more, insertions, a liberal discoont is made. No promise of continuous publication in the best place can be
given, as all advertisers must have equal opportunities. Special^ Notices in
lanking and Financial column 60 cents per line, each insertion.

vnxiui

WILLIAM

DANA &

benefit of the depositors,

if

10.'

£2

upon the

ful tax

such bank has paid the lawamount of such business

entire average

or mercantile deposits.

This bill was passed by the Senate and now goes to
the House of Representatives, where several bills are

pending which are similar in principle, though differing
as to specific application.
In view of the industrial
depression of the country, and of the fiscal incertitude

which

more or

is

concerned in perpetuating that

less

it is greatly to be
wished that precedence may be given to these tax bills
Committee of Ways and
t3^ A neat file<over is furnished at SO cents; postage on the same is 18 by the House and by the
cents. Volumes bound for subscribers at $1 60.
bill deals with important
Mean8.
As
been
said,
this
has
^~ For a complete set of the CoviniBcui. akd PraANCiAL Chronicle—
July, ISM, to dais— or of Hdht's Mebcuakts' Maoaziki, 5839 to 1S71, Inquire
reforms,
useful
as far as it goes, it does not
but,
though
at the office.
JOHji o.

DAHA,
rvOYB, ra.
B.

I

79

(

B.

&

depression or retarding recuperation,

00., Pnblisbers,

81 William Street,

NEW

YORK.

Post OrricE Box 4,592.

reach the fundamental causes of the evil which

_*»

The Business Department of the CBRomci.it Is represented among
Financial Interests lo New York City by Mr. Fred. W. Jone«;

to remove,

and

it

as a radical cure.

IXDUSTBIAl

DEPRESSION

ASD

LEGISLATIVE

«ELAY

IN

CONGRESS.

In consequence of the disturbance to business incident
to all projected revenue reforms, many complaints have

wo aid
The

bill

seeks

before us will form a very

appropriate addition to Mr. Hart's

bill

now

House for the repeal of the taxes on bank

before the

deposits.

As

included in the greater, so will the Senate
passed yesterday be appropriately included in the

the lesser
bill

it

act as a palliative rather than

is

and the backward con- statesmanlike measure which originated in the House.
dition of fiscal legislation at Washington.
It is now To show the amount of revenue which is proposed to be
believed, in well-informed quarters, that, in a short given up, we have compiled from the reports of the
time, a vigorous effort can be made to remove the Comptroller of the Currency and of the Commissioner
been made of

late as to the delay

and to bring the appropriation bills of laternal Revenue the following table of the federal
and the other needful fiscal measures into prominence, so taxes on the banks
BAKXS, 18J7.
raOBRAL TAXBS OS
that they may be disposed of and the necessity may be
obstacles to progress

:

averted for continuing the existing uncertainty of business, or for lengthening out the session unduly into the

summer months. An indication of this approaching
movement of legislative activity was given on Thursday
in the Senate by the passage of the bill presented by

Taxa on
DepoHit.

$

$474,903

Sayings banks
Slate banks

717

Taxu on
OapUaL

$...

IMat
Asm*.

I«4,I08

and private

bankers

NaUonalbankj
Total

m

ATo. qf
Taxta on
Sankt. arculatton.

a.8tS,n9

8,803

8,480

S,89«,«87

»17,M1

9,080

»,899,0S7

J,445,S5J

654,616

S.9«a.MI

6^600

$i,904,4n

$6iil6,7M

$1,BSS,«ST

•ll.aOS.m

Mr. Davis and favored by the Comptroller of the CurIt thus appears that the National Treasury receives
rency, to remit the taxes on insolvent savings institu- from 717 savings banks nearly half a million of dollars a
tions.
This measure, though in itself inconsiderable, year ; from 3,76a State batiks and private bankers the

THE CHRONlCLk
and from 2,080 national
revenue is ?3,829,'729
banks the revenue received is $6,998,926; of this total
taxation, amounting to $11,303,558, somewhat less than
half is derived from the taxes on circulation and capital.
The remainder is from deposits, and it is this deposit tax
which the House bill proposes to remit. If this bill
should pass, the amount of revenue given up by the
Treasury will be between six and jseven millions. The
«um yielded last year was $6,816,'i'92, and the year before
?}otal

;

To

$6,578,960.

repeal the tax therefore will reduce the

sinking fund appropriation this year from twenty-six
millions to twenty millions.
It

the interest of our business

in

is

To

tax these deposits

is

to tax the

checks, drafts and other instruments of which, for the

most

part, these deposits consist;

bank

posits in

is

hence, a taK on de-

a tax on the crops and commodities

which those deposits represent, and which ought to be
This point was demonstrated by Mr. Coe in
free.
his address to the Committee of Ways and Means of a
It is clearly exhibited by the American
year ago.
tax

Bankers' Association in the address to the sub-committee
of Ways and Means, lately presented. They say:
The deposit tax 's a tax on the liabilities of tlie banks. It is a
tax on debts. Every one knows what a bank deposit is. As
regards the depositor, it is a sum of idle cash which he places in
tank. As regards the bauk, it is cash which must be returned
on demand, or according to contract, iuto the hands of the
depositor or hia representatives. As regards commerce and trade,
the bank deposits are the fund out of which are paid tlie advances
which are necessary for the payment of wages, and for every
movement of commodities towards a market. As regards taxation, bank deposits may be defined to be money on its way to
mercantile borrowers. If it is just and right to tax these depo.sits
thus placed in bank, in, transitu to the farmers and merchants
\Tho want to borrow them, it would be equally just and right to
tax the goods in warehouse which these deposits represent. It is
perfectly clear that the warehouse receipts of wheat, cotton or
tobacco, might as well bo burdened with a specific warehouse
tax as the bills of exchange which move the deposits represent^ing these commodities as they pass on towards a market. Ihit
If bank deposits were subjected to a single
this is not all.
tax the burden would be unreasonaljle enough, however
equally and impartially the tax might be distributed on all
But it is well known that this tax cannot
deposits alike.
be levi' d without gross inequality and frequent double tax .tion.
The more active are the bank deposits in aiding commerce and
Hence Congress should
trade the heavier is the tax upon them.
repeal the tax on deposits, because the six millions which it Irings
into the Treasury is a very small sum in comparison with tlie
Every dollar of revenue from
evils it inflicts upoi the country.
this tax, we have been told, costs the people twenty dollars.
However this may be, it is easy to see how mischievous to industry must be any tax which cripples bank facilities. Without
a bank dejjosit wages cmuot be paid to our mechanics; tobacco,
cotton or provisions cannot be moved to and from the market;
our ommerco cnunot stir a step, and every successive transaction
gives rise to and is carried on by means of bank lacilities and
bank deposits. By the potent magic of a bank deposit, the rich
harvests and the mauufacures which swell the tide ofourrnnual
wealth, start from the place «here they are produced toward the
consumers for whom they are destined. Without a bank deposit
no employment can be given t the great army of producers who
are creating and augmenting our trade and commerce in every
State of the Union. The commodities, on the production and sa'e
of which our forty millions of people depend for their prosperity
and subsistence, require, at each stage, the aid of bink deposits
and of banking facilities, or they cannot hi made available for
the ayment of wages and the increase of trade.
I

)

1

Such

is

ness and with the revival of bur internal industry.

the former class

we

To

ask Congress to give precedence, and

to set the mercantile community at rest by an early
announcement and decision of the policy which will be
embodied in our new law for internal revenue consolidation.

THE COJIPLICATIONS IN THE EAST—THE PROPOSED CONFERENCE OF THE POWERS,

The news from
such

as,

the East, while

we were

a few days ago,

we go

to press,

is

not

led to expect from the

reported conclusion of an armistice. It was naturally
community and expected that hostilities would be immediately susactivity, that we pended.
In the interval the Greeks have crossed into

with a view to the revival of industrial
urge Congress to decide, and to let the country know at
an early day what it intends to do in regard to these
and some other taxes upon trade and commerce. The
Comptroller of the Currency reports the total amount of
the deposits of banks throughout the country at 2,000
millions of dollars.

[Vol. XXVI.

something like an armed occupation; and the
world has been startled with the information that Russia,
in spite of the armistice, has been pressing forward,
and that she is literally knocking at the gates of the
Turkish capital. It is not wonderful that, in the circumstances, the British Government should be indignant,
and that the British people, in spite of their love of
peace, in view of what they consider an open and wilful insult, should be clamant for war.
In the midst of all this excitement Germany remains
calm.
The Imperial Parliament was opened on Wednesday last; and, from the Emperor's address, it would
be difficult to learn that a great empire, not far removed
from her own borders, was literally crushed to the dust.
A speedy peace is expected; and Germany's relations
with the affairs of the East are of such a nature that she
can afford to co-operate disinterestedly in any arrangement which may be made for the establishment of an
enduring peace and for the amelioration of the Christian
population hitherto under Turki-h rule. The German
people are assured that the Emperor's policy is peace,
that he has been successful in preventing the war from
assuming larger proportions, and that he has, at present,
no cause of quarrel with any of his neighbors. It is a
lished

characteristic feature of the general situation that Bis-

—

marck the man whose vo'ce, when again heard, will be
the most potent in Europe has, since this war movement commenced, been ste dilyand persistently silent.
Austria meanwhile, alive to the dangers with which
she is surrounded, and unwilling to leave the f ettlement
er own affairs entirely in the
of what i-he considers
hands of others, has invited all the powers interested in
the reconstruction of t' eEast to send repre entativesto
This
a congress to be held at ai early day, in Vienna.
the
interesting
as
well
as
most
most
conference is the
important feature of the immediate future. There can

—

1

little doubt, we think, but that the confere ce will
be held. The propos ;1 has been favorably received, it
Ru sa, herself, it
is understood, by all the power.i.
seems does no object; although if latest rumo.s are lo
be credited, she w ould prefer that the proposed meeting
shou'.d not be held in so conspicuous a place as Vienna.

be

'•&
like the Austrian capita', where intellect
is
enterpri
e
newspaper
where
and
w.tchful,
quic^: and
not wanting, is not the very best ilace for a congress
urge that such as that proposed a congress in which secrecy will

we
now before

the argument of the banks; and

the neighboring provinces of Turkey, and have estab-

A great city

—

the be all important, and in which secret diplomicy will be
The presumption is
Means,
shall
be
diligently
concertain to play a prominent part.
and
Ways
of
Committee
in all likelihood in Austrian
held,
will
be
a
congress
before
the
House
at
as
early
brought
that
shall
be
and
sidered
in Vienna, but in some more
day
is consistent with the exigencies of other public territory, no% however,
this question, with other

a

reforms

as

business.

into

fiscal

two

system
are less

Tlie tax reforms

now pending may be

divided

obscure centre, where the assembled plen'poteutiaries
multitide nor by
will be annoyed neithtr by the gaping

which touch our industrial
which the persistent aggressivones-- of government spies and
closely connected with the movements of busi- newspaper correspondents.
classes.

at its

most

First, those

vital parts; and, secondly, those

Febbcart

9,

THE CHRONlCLli

1878.]

not to be doubted that Russia will make use of
the interval to strengthen her hold on the conquests she
has made, and that she will come to the Congress not as
It

is

129

posed to regard the present as a favorable opportunity
for the settlement of this outstanding difficulty. In such
a case, we must be prepared for changes of a sweeping

a supplicant for favors, but as a conqueror who has
At the same time, the Eastern ques-

and gigantic character, Austria, if forced out of Germany, or tempted to go out, will pivot on Hungary, and
tion to-day is so complicated, and the interests at stake probably bo rewarded with Bosnia, Servia and a portion
All these are possibilities. They are more
are so diverse and so conflicting, and vitally affect so of Bulgaria.
many nations, that Russia, even in the proud hour of than po.ssibilities. They are questions, all of tbem,
her triumph, will find it necessary to consult and con- which must be settled before Europe can find permanent
Wo are willing to peace, and before the Eastern question can be considered
ciliate, not to dictate or command.
found
magnanimous
not only as removed from the problems of European diplomacy.
believe that Russia will be
It will be well if these difficulties are not crowded before
her
rival,
but
in
dealings
with
all the
her
subject
to
If they are presented, it will be well il
There are certain points, however, on the congress.
other powers.
which, it may be taken for granted, she will be imperi- delegates consider them in a spirit of calmness, and with
She went to war in the interest of the Christian a desire to do the right. It is not necessary that the
ous.
provinces of the northern part of Turkey. She has settlement of any of them should imply the arbitrament
Possibly an understanding has been
fought their fight and won their battle. She will most of the sword.
undoubtedly claim what, in this particular, she has won. come to by the three Emperors, We are almost justi"We are unwilling as yet to venture on a prediction as fied by the temperate language of the Czar and of
to what shall be the exact distribution of the territory Emperor William, to believe that, so far as they are
north of the Balkan range. It may take one shape, or it concerned, they have no intention to attempt more than
may take another. Whatever that distribution may be is immediately necessary and immediately and easily
fsTors to bestow.

—whatever shape that

territory

may

—one

take

thing

is

The present

practicable.

attitude of

we have

England

is suffi-

magnannot again be under direct Mussulman rule. It may imity and honor of the conqueror; and, if his demands
also be taken for granted that Russia will insist on are temperate regarding the Dardanelles, a few words of
compensation for the expenses of the war, and that if explanation will satisfy both the British Government and
such compensation cannot be obtained in cash, she will the British people. They will not go to war again for a
certain

hold

:

it

Bulgaria, Servia, Bosnia, the Herzegovina will

in

These are questions which wiill,

territory.

ciently alarming; but

^ere

still

faith in the

idea.

hardly be allowed to come before a congress.
There are other questions, however, which must be con.
RAILROAD EARNINGS IN JANUARY.
sidered and settled, if, in the language of the German
The reports of railroad earnings in January are decidedly
Emperor, guarantees are to be provided "against a promising, and it will be seen in the table following that few
recurrence of trouble in the East." There is the qucf- roads show a decrease as compared with the same month in 1877.
tion of the absolute independence of Servia, with proba-

ble increase of territory; there

is

the question of the

It is almost a foregone conclusion'that most of the railroads will
do well the current six months, if they only maintain rates, but
if the present negotiations fail and a cutting in freight and
passenger rates takes place all round, we have the years 1877
and 1876 yet fresh in mind as a warning of the result produced
by that sort of business. It is to bj hoped that the railroad

independence of Bulgaria and the appointment of a
Christian ruler; there is the question of Russian compensation, north of the Danube, which must be taken
from Roumania, and there is the question growing out managers will appreciate the situation, and come
rational agreement that may be depended on,
of this, how Roumania is to be compensated for her
8R088 KABKINGa IH JANUARY.
loss; and last, but not least in this connection, there is
1878.
1877.
Inc.
$171,000
$134,864
$36,138
the question of the Greeks. As we have said before in Atchison Top.* S. Fe
Burl. C. Rap. & North'n.
166,41*
73,964
91,448
7,998
12,468
these pages, there can be no final and satisfactory settle- Cairo & St. Louis*
.

ment of

the Eastern difficulty, unless in some way the
Greeks are satisfied; and by the Greeks we do not mean

Kingdom

the Greeks of the

race scattered over

only, but the entire

Europe south of the Balkans, and

widely spread over Asia Minor.
in the

Kingdom, and they

of the territory of the
shall

include,

at

Greek

least,

They

are all interested

will all fight for

Kingdom

an extension

—such an extension

Thessaly, Macedonia and

as

the

Epirus.

All these are grave questions, and well fitted
to puzzle and perplex the wits of the wisest.
It is difficult, however, to believe that such will be
the only or
even the most difficult questions which will be brought

before the attention of the assembled diplomats. If
Russia seeks to encroach on the Danube, both Austria
and Germany m.ay be ready to demand compensation on
their

own

borders.

Au.stria has

much

reason to be
increased power of Russia;
and
the establishment
of
Russian
authority at
the
mouths of
the
Danube would be a menace
te
Austria,
and
could
hardly
fail
ultimately
jealous

to

of

imperil

known

that

the

her

interests.

Ihen,

again,

it

is

well

German

.

.

Central
Pacillc...
~

etUcago

Alton

in

&St. Paul.. ..
Mi.V.&Del.&brchs..
Denver ifc Rio Qrando*..
Grand Trunk of Canadat
Gt. Wustcru of Canada}
Hannibal &,S{, .Joseph"..

Chic. Mil
CI.

& Western*.

Indianap. B.

&

Gt. Northern*
Kansas Pacillc
Slichigan Central
HisifOiirl Pacific
Int.

Mo. Kansas

Texas
Memphis*.

&

.

.

San Francisco...

(to

do

Peona
Wabash

la

Ken. div.*
Tenu. dlv*
Warsaw...

dis-

11,001

S9,g43
881,400
264,289
97,542
35,407

Total

4,460
45,81S
84,89T

351, 608

3;5,5M
26,424
57,896
566,559
218.800
75.600
61,404
108,086
180,S40
464,053
266,903
287,032
9,609
51.870
877,a)3
240,012
100,4S7

880,447
2,'i32

11,823
102,180
164,979
4,060
2«,6«S

••••
......
.

aobsa
18,400
79,825
28,90S

^

tOkOOS
l,3»i

•••••*

....

11,618

12,197
34,247

20,4JS
78,570
315.525

l.«S»
1.25S

816

H,81i7

$5,593,285

Net Increase

>

•

s,»a

8e,6.')0

19,171
9,113

$6,512,485

Dec.

$

1,170,615

130,41)6

890,109

51.8%

.

..

«

74,934

$1,063,035

$142,886

920,200

• Three weeks only < t January In each year.
t For the four weeks ended Jnnnary SH.
1 For the four weeks ended January 25.
The following companies hare bat recently reported their

eamlof a

for

Dae

SBOSI XABRIHaS IH DEOKVBXR.
1877.

Chic. Bnrl.

A

Quincy

OhlcaKO t, Northwest
Dakota Sonthern
Ironisvile

A NaahvUle.,..

Uobile A Ohio
Nash. Chat. A St. Louis..
New Jersey Midland

unity will never be regarded Philadelphia * Erie
St. PanI A Sioux City
a.s completed until
the two Austrias shall be included in Stonx
City & St. Paul. ..
the empire. It is not impossible that
Union Pacillc
Bismarck, who has
Total
preserved hitherto so mysterious a silence,

may be

90,969

817,(129

<S;

4S.K.— stL.dlT.*

Tol.

883,7':9
79,(i60

198,640
543.8 8
834,811

&S

at.L.

6«-'<,7.J9

W,S34

Pa'Incah &
St. L.A. * T U. (br'cha)..
St,L. Iron Mt.
St. L. K. C. & North
St. h.

1,125,000
316,111
706,000
a9,156

soma

to

Net increase

1876.

Increue. DecreiM.

$962, ',48
928,747

$826,li0
900,640

tl8«.026

1^186

1],«7»
490,661

^6I8
49,849

809,608
I39.2S7

njKt

640,000
315.0(10

168,0C4
60,S63
267,742

$

19,107
>..•••

6,8M
1,8«4

6a<4n
•••

4'<.606

296.29)
40,444

«,IM

83,7h7
926,852

t4JU

1,486

t90,ge6

$4,S8S,9M

$4,093,380

4a,SM
,

<6.1M
$262,861

lAUS

|107,e48

THE CHRONIGLK

13U
SB09« BARKISaS FROM JiNPABT

&

Qninoy
Northwest

Chic. BiTrl.

Chicago

Dakota

<fc

Soutlifirn

&

Louisville

TO DECEHBEB

1

1877.

$12,379,202
12,:29,392
S0S,613

$12,003,950
12,467,510

6,.5R4,TO0

5,154,922

Nashville

1!IB,789

Mobile &Ohio
Nashv. Chatt. & St. L
Nevf Jersey Midland,.

1,990,833
1,749,403
685,037

2,09:),3ia

Philadelphia

3,172,95)2

644,881
342,692
12,473,J0J

3,355,979
57^,773
359,133
12,886,859

$61,838,731

$51,461,087

&

Erie

& Sioux City
Sioux City & St. Paul
auiouPaciiic

St. Paul

Total

The net earnings

31.

Increase. Decrease.
8375,252
$
338,143

18T6.

9,753
409,773

below
January
February
March

Wabash Railway

of the

$109,936
137,930
131,873
124,646
133,614

April
108,479

[Vol. XXVI.

May

|

June...
July

I

August
September....
October

I

for each

month of

$133,009
1.33,104

1877 are

November...
December

shown

$161,338

.

161,083

184,176
185,203
193,6S6

$1,776,018

51,291
18,172

1,697,917
6l)6,9;5

179,987
29,891
16,4)0
413,657

$864,246

$1,086,693
222,356

Net decrease

THE DEBT STATEMENT FOR JANUARY,
The foUowins;

1878.

statemeut of tlie public debt aa
appears from the books and Treasiirer'a returns at the close of
busiaesa on the last day of January, 1878:
Debt bearlns; Interest In Coin.
the

ia

otfieial

OROSS EARNIK08, EXPEH3BS AND NKT EABNINOS.
gives the ^osa earnings, operating expenses and net
for the month of December, ana from January 1 to December 31, of
the roads that will furnish statements for publication:

The atatement below
Mrniugs

aU

Dec.

,

1877.

Bail. Cedar Rapids

&

^-JfLn. 1 to
1877.

,

1876.

Dec. 31

.-,

1876.

Grosseamings

83,647

$90,438
68,075

$1,219,881
836,5a7

$1,128,071
869,345

$45,907

$22,413

$11.3,834

$258,526

Olev. Mt. Vernon iSDel. anrtBr'chs.—
Gross earnings
$28,419
Operating expenses
31,317

$36,290
31,442

$.383,283

$373,164
309,415

8129,.554

Operating expenses

Ket earnings

Ketearnings

..def.

304,403

$78,885

$62,749

$3,234,734

$S,0»O,79«

$2,393 def. $5,152

Kansas PacificGross earnings
Expenses

$249,281
168,811

116,633

1,916,957

l,7i0,332

Net earnings

$80,440

$100,389

$1,367,777

$1,280,467

•$540,000
280,793

$480,651
2('5,844

$5,554,700
3,223,t80

$5,154,921
3,07J,bl4

$259,207

$324,807

$2,.341,6?0

$2,082,308

& NashvilleGross earnings

$216,927

Louisville

Expenses

Net earnings
Nashville Chatt. & St.
Gross earnings

L.—

Operating expenees & taxes

Neteamkigs

i

1.040,631

$1,697,917
1,058,306

$66,886

$54,909

$702,567

$633,611

$50,853
41,053

$52,417

$139,237
84,82

9«,173,

$1,749,208

New Jersey MidlandGross earnings
Operating expenses

Net earnings
Paducah

July&.\.,

March 3,
March 3,
new. March 3,
March 3,
March 3,

Operating expenses

Neteamings
St. L.

&

So. East.-St. L.

Neteamings

$~T
$17,104

$139,583

$;or,473

10,-303

17,859

123,613

161,209

$9,129

def._$755

$l>3,9'0

$46,264

$257,742

$298,292

157,239

150,564

$3,172,992
2,049,627

$100,503

$147,733

$1,123,365

$49,423
38,b93

$50,482

$10,730

$11,495

38,987

$817,899
458,387

$616,735
456,516

$159,512

$160,159

$329,237
370,990

$27,242
30,809

$53,247

$48,509

$152,364

$154,834

150,718

123,908

$4,397

$3,005

$31,643

$31,916

$46,605
22,060

$40,4(4
35,902

$S44,881
337,334

$574,772
351,678

$24,545

$14,512

$207,517

$233,034

$33,797

$24,313
14,310

$342,692
337,468

$359,133
841,736

$115,234

$117,396

St.

15,635

$18,162

$10,C02

Neteamings

$925,852
^482,355

$990,9863!
t338,521

$443,497

$602,465

$12,47.3,202
6,320,791

$12,886,8.59
6,409,448

$7,15.',411

$7,477^

* Estimated.

+ Expenses this year include $93,000 for renewal of
expended for that purpose in 1676.

The following figures have but

recently

„

,

come

Nov.

.

Chic. Burl.

Net earnings
Chica.go & AltonGross earnings
Operating expenses

1876.

1 to

1877.

—

1876.

$453,124

$5,309,800

$5,408,126

$391,616

$367,893

$4,147,543
2,289,816

$4,586,177

$'.93,587

There is a tot.il amount of over-due debt yet outstanding, which has never
been presented for payment, of $11,599,630 principal and $55S,103 interest. Of
this amount, $10,836,100 is on the '* called" five-twenties.

Debt BearUis no Interest.
Issues.

Amount.

Prior to 1869
Series of 1869
Series of 1874
Series of 1875

$20,.'i55,876

Acts.

July

Old demand notes. ...^ Feb.

17,
12,

Feb.
July
Mar.

35,
11,

. .

.

•<

Total.

$63,497

3,

Tune

]

July
Mar.

17,

June

30,

349,110,434
31,116,000

4,!9:,079
3,114,110
3,034,073
4,317,134
3,825,532

Second
Third...

3,
I

Fourth.
Fifth...

Mar.

certittcatefl

160,021,560
42,3;6,38S
136,306,700

8, '73.

17,471,919
43,733,800

3, '63..

Aggregate of debt bearing no interest
Unclaimedinterest

i

f

Amount
Outstanding.

Bonds at 6 per cent
Bands at 5 per cent
Bonds at 4X per cent
Bonds at 4 per cent

$743,667,100
703, 4611.650

200,000,000
76,00:1,000

Total debt bearing interest in coin
$1,736,933,760
Debt bearino Interest in Lawfiti. Monet—
14,000,000
Navy pension fund at 3 per cent
Debt on which Int. has ceased since MATtmiTY,
11,599,630

Debt bearino no Interest —
Old demand and legal tender notes

31.115,001

Fractional currency
Certificates of gold deposited

17,471,919
43,733,800

Total debt bearing no interest

'~]877.

7,307

Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided bylaw
Total
Debt, less amount in the Treasury, Feb.
Debt, less amount.in the Treasury, Jan.

$339,768

'

1876."

Jan.

1

1877.

31—

to Oct.
1876.

$180,f34
90,600

$151,837
78,646

$1,171,759
9C4,336

$1,013,898
623,712

$90,131

$76,191

$168,373

$390^

126.882,989
3.170,490
10,000,000

31,115,000

1,
1,

1878...
1878...

2,.'>41,i8r,366

2,0)5,935,443

$1,668,076
13.870,357

Companies, Interest
Payable in Iiawlul money.
Interest
Interest Balance of
Amount
paid by
rcpuid by Int. paid
Outstaud'g. United St's tr'nsp't'n.
by U. S.
$25,685,120 $14,910,4(15 $3,l<i9,374 $13,711,190
6,303,000
4,049,813
1,533,484
2,516,868
15,96'.l,601
27,236,512
6,l:)4,837
10,835,473

Union Pacific.

Western Pacific
Sioux City and Pacific
Total

2,316,435,843

to the Pacillc Kallroad

Pacific

Central Branch,

$

$53,427,834

}171. 168,479

Decrease of debt during the past month.
Decrease of debt since June 30, 1877

Union

35,090
558,103

$440,494,641

*2,I93,0J8,011
Total
Total debt, principal and interest, to date. Including interest due
not presented for payment
Amount in the TREAstmr—
Coin.

Bonds Issued

$31,837,534

$349,173,921

Certificates of deposit

Central Pacific
Kansas Pacific

360,471

Interest.

DSET BEARING INTEREST IN COIN—

Character of Issue.

$700,239

$440,494,641
7,207

Recapitulation .

$1,837,727

$

North.—

,

30.

$570,844

$39,028

Operating expenses

Nov.

$11,177,830
5,769,701

.

Neteamings

Jan.

$11,417,054
6,107,264

1

&

$35,000

Since maturity.

,

—

,

$1,086,817
573,693

Gross earnings
$80,083
4 ,055
Operating & other expenses

Neteamings

$33,000

$1,333,118
661,374

198,029

Neteamings
Denver & Rio Grande.—

rails, 'against

to band:
,

1^-

Quincy
&^r.

Gross earnings
Operating expenses

International
Gt.
Gross earnings

Has Ceased

Interest

^iriiicli

Unclaimed interest

Union Pacific-

„..

Money.

liawrtul

$333,621
385,112

$6,933

Netenrninga

4,590.000
945,000
63,024,750
21,078,600
52,011,050
67.686,250
211,217,050
21,691,800
386.043,550
78,877,700
13.931,200

pension. Act July 33,'68, Int. appl'donlyto pens'ns $14,000,000

Debt on

Coin

$13,0?5
10,080

Gross earnings
Operating expenses

$.

Principal. Interest

Navy

Fractional currency

$8,618

Neteamings

Q.— F.
Q.-M.

Pebt Bearing Interest In

$1,164,533

<fc So. East.— Tenn. Div.Gross earnings
$ 13,430
Operating expenses
9,033

Sioux aty & St. PaulGross earnings
Operating expenses

13,825,000

Q.-J.

First...

St. L.

Paul & Sioux CityGross earnings
Operating expenses

$260,000

$143,530

$19,432

& So. East.— Ky. Div.—
Gross earnings
$29,458
Operating expensea
.^0,840

Neteamings

& J.
& J.
& J.
& J.
& J.
M. & S.*
J. & J.
J. & J.
J. & J.

$1,000, registered :t5,0;)0. (*) coupou $1,000, registered $1,000, $5,0D0, $10,000,
(c) $50, $100 and $.500.
(fi) coupon, $50, $100, $300 aud $1,000, registered, same
and also $5,000 and $10,000.
On the above issues of bonds there is a total of $fi,921,i36of interest over-due
and not yet called for. The total current accrued interest to date is $15,908,337.

St. L.

Neteamings

Coupon.

Registered.

Aggregate of debt bearing interest in coin
$905,846,300 $821,086,950
Coupons of $50 .and $100 bonds are paid annually in March.
The sizes or denominations of each issue of bonds are as follows; (a) Coupon

Character of Issue.

Div.—

Gross earnings
Operating expenses

Bonds Outstanding.

Interest
Periods.

*

Certificates of deposit

Philadelphia & ErieGross earnings

1883
1881
1891
1907

1907 July 14,

Legal-tender notes

Net earnings

1831

1881 July 14,
1891 July 14,

$866,915

& Memphis-

Gross earnings
Operating expenses

do.
do.

4>is,
48,

8,

March 2,

Funded Loan,

58.

1874
1880
IrSl
1881
1881
1904
1886

14,

Feb.

War

teS

Authorizing

$9,800

.

Oregon

6s of 1881
6s of 1881
5s, 10-40's
6s, 5-208 of 1885,
6s, 5-20e of 1867
6s, 5-208 of 1863

3s,

$163,064

June

5s of 1858
68 of 1381
6s,

North.—

Auth'rizing
Act.

Character of Issue.

1,600,000
l,t70,.560

. .

;

1,638,330

1,031,808
1,017,H64
986, '51

$64,633,512 $37,896,331

62,9:18

953,e0<)

9,367
63,409

1,008,697

853,W2

$9,006,863 $28,889,478

The Pacific Railroad bonds are all issued under the acts of July 1, 1882, and
8, 1864; they are registered bonds in the denominations of $1,000, t5,000
and $10,000; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 years from their date.

July

Fkbroast

Thp foUowiop
Feb.

R coinp»rison of tbe eonditloD of the Treaeury
1, 1878:

In

CarrcncT
Hpeclal fnud for
carruncy

ir:8.

1877.

Ib'iocaa.

»9,496,«66 8J

10,000,f00 DO

Bpectal df))0#U of logHt tenders for redcraptlou or ccrtillcatcs of deposit

31.115,000

81,T46,O0O 00
»),4T:.tl'0 86

Coin
Coin cirtidcatos
Coin, less coin ccrtlKcalci

84,149.18;)

lo.ion.nsi CO
9,Htii,»50 Tl
Sii4,084 812

10,838.100
e,6I8.6«J
849.110,434
17.471.H19

00

39,421. 9(.7 14

OutsiundiDcrilvcr Clin
debt, icHs each In Truasnry
Kwinctionof debt for January
Reduction i>f debt »iice July 1
Market value of gold
Imports (U months ending Dec. SI)
Exports (IJ monlhs endliiR Dec. SI).-

27,096,3i;fl

ToUl

47

83,2.'S4,35«

59«,C0f>.6l'J

47
01
52
00
7i
37

Amsterdam
Amsterdam

00
00

— Expoi

.

Armrl,-, NC.
Alxilrin.Va.
An'poUi*, M(t
Ap'chcola. P
Aroost'k.Mi-

Baltimore

Me.
B'sUblc, M's
Bath. Me. ..
fkinf;or.

Not repotted

Hamburg

3..V22
l,137,5ti4'?,865.t.69

105

615

\»

Niagara, N.Y
•
NorYoik, Va..
•
Orcecn. Or...
.... O'gatchie, NY
0«we:;o, NY..
Pamlico, NC.
6i P del Norte, T

91,070

27,312
..

CVInc't.Ni
Ciistlne, Me.

IS,4<W

Ohmpl'n,NY

73,610

6,885
765
(0,158

7,i(5J 2,68(),6«8

....

TOO

-••
.,.'

....

••

....
....
....
....

> .

•

*.

Ct

Fairfield,

F.Eiv. Mass
Pernandira.
P. Hay, Me.
Galvest'n, T

Oeiiesoo.NY
Gcorgu'u.DC
Gcor;;e'n,S

•>•

•

...

95,)M4

K.y \Vu?t,F
Il.ir, NJ

17,7541

826

...

....

NH

&-!5

Providence.RI
Sound,

1,380

>

Me

..

Harbor,

••

8,000

24

....

CalcntU
Hong Kong...
Shanehai
Alexandra..

4,1(18
2,728!
2.611
(i3,316
3,985;
415j
2,H0
1.392,001 2 .',81,441

Tap' nock,
Techt, La

10,804

2,996,695

Jan.

S3', is
S4 27-32
118 SO
41-80

27.»

short.

days.
90 days.
t.O

22.

84!i

27.

24X
U. Bjid.
I'.i'Ad.
3«.

Ud.

u. id.

90X

23.

own correspondent]

London, Saturday, January

The money market Ins again relapsed

19, 1878.

into a condition of

bat althougU the rates of discount in " Lombard
below those current at tbe Bank of
England, tbe official minimum remains at 3 per cent. The discount bouses have lowered their rate of interest for call loans to
tbe extent of i pef cant, or to 1} per cent but the quotation for
deposits, withdrawable at seven or fourteen days' notice, remains
at 2 per cent.
The supply of bills in the discount market is very
restricted, an4 an increase in it seems to be as far distant as ever.
Financial enterprise is still at a stand still, and it is therefore
impossible for an impetus to be given to an upward movement

extreme ease

;

street " are quite 1 per cent

the value of money.

light
3,137

feeling,

fident
51,496
181

turbed.

It

218

10,462

there

3,414

2i,9:o

take place

4,867

7,436

;

now

and

first

made

their explanations in Parif

not a con-

that the peace of this country will not be discourse, hoped,

of

is,

and in fact is sanguinely
come a renewal of trade, and

for doubting that so desirable a

reason

but the

I be'.ieve

though at

speech,

a very general impression,

that with peace will

no,

is

is

first effect

the ease prevailing in tbe

Va

Tbe Queen's

interpreted, has been viewed in a calmer

since the Ministers have

liament, and there

anticipated,

Ga

short
3 mos.

Jan. '^4.
Jan. 24.
Jan. a.
Jan. 23.

.

in

NY

StouinglonCi

8

*'

somewhat unfavorably

Saluria, Tex..
San Diewo, Cal

St.Mary's,

48,425
Ii9,5'j5

..

4,271 8nperior,Mich

67,631

M

548
96,009

Richmond, Va

....

9,346

Mh

...

....

1

Mp

Mi:ii;i;,Ohlo

WT

399.447

LK

Mii'j.n,

31,077

S.Francisco.C
Savannah, Ga
3. Oregon, Or
St.AuK'tine.F
St.John s, F..
St.Mark's, F..

2,528

...

Huron, .Midi
Kcnnel)k,Me

Mar'head,

693

598,610
188

Sanduskv, 0.

222|

C

5,476

Mac'iias,

3,625,178

213 Sale:n. Mass..
. • • .

S6,4!5
710
187,877 2.410,309
l,:)Oe,
4,»»8

Ms
GtEHar,NJ

Gloll'tcr,

1,274,156
40,7791

short.

;

sbiirg,Va
Philadelphia..

S.
•

Erre, Pa....

212

205

Saco,

EastDlst.Md

£dnri'n,Us

U

1,860
115,60.^
16,41)2

P.Amboy, NJ.

1,729 Pt.
....

Dec.
Dec.
:».811-!6d
•».8 U-16d.

IFroTn onr

.... Petei

D
•

406
9,163
81,685

8 mos.

25.
95.
25.

Jan. 25.

..

.

30 days.

84,633

112,02)
5,976

23,910 7,538 Portland, Me..
2,423' ... Po'raoutn,

106,166

187

1.9M

7,331

115

SI6.667

Peosacola, F..

Plymouth. Ms

81,561

37,328

Jan.
Jan.
Jan.

i0.40
20.45
20.10
25.17

Jan.' 25.

Bomoay

19,802.163 v7,7n,()«2 662,12')
212'
207,1*1
....
5,6:» 1,3.''.0,70«
871
174,418
100,013
30,878
123.407
m.'i'jS
170

P*quoddy, Me
P. Wver, Miss

38,14!)

aviih.i~a,

19,212
281

17,01)8
1,279
1,521,187 15,650,856

La

New York,NY

....'

996
477

12.12

short.

J7.77i4$i7.62w

....

RIode.Tanelro
Pcrnambuco.

....

short

Jan."»5.

475iai7«
90 days.
51Ma52
3 months. 27.77K®J7.S2!<
"
27.77 l4'a27.82X
**

York

!4ew

Jan. 25.

Jan. 36
Jan. 21.
Jan. 25.
Jan. 21.

2)Xa24 9-16
ai«05

"

.'(aoles
,

E25.25
A25.3S
Si6.40

12.W

R.I.

75

283,:Mi

NJ

Bnlulh. Min

Orleans,

?<

41,512

BaffCrk,NY

DuukirkNY

Nburyport,Ms
Sw Haven, Ct
N London, Ct
Newport.

BridsefnN)

Ditroit, .M'h

N J..

*'

25.80
:5.35

Petersburg

Madrid
Cadiz
Lisbon
Milan
Genoa.

l,6t7,935

....

N Bedford, Ms
663

l,S8i

«,S38

Brunsvv'kt^

Del. ware,

177,7tl8

Nintuckc't,Ms
Natchez, Miss

Newark.

Br'l&Wn KI

t'

Expoi ts.
Domestic For'n

.

»

months.

3

..

Antwerp

1877.

to 65
15

short.

Vienna

$

.Mobile, Ala...

....

...

Boston, Me.. 3,040,859 4,050,(M3i
Brazos, Tex
8J,859
80,444

Charl<tn, SC
Ch'stonc, Va
ChlcaRO. III.
C'lrpus Chris

Districts.

s

i,ie2

Me.

Burl ton.

Imports.

S0.S6
iO.55

((

Paris
Parle

.Montana, &c.

Be»ufOrt,N(;
Beaufort, SC
Belra^t,

Customs

Dom'lic For'n

Districu.

Alaska, A.T.

Is.

UINDON.

months.

3

. .

Frankfort

i

IMPORTS AND EXPORTS FOR DECEMBER,

short.

.

Berlin

l,«o8.076 53
15,870,857 Ou
II 1 87
480.224.871)
620,-Jllf,'i22 CO

Statement, by Customs Districts, sbowing the values of merchandise imported iiiio, and exported from, the United States
daring tbe mouth of December, 1S77:
Imports

Oli

DA'TS.

St.

Custon-.s

EZCBANOK

nm.

OK—

S,044,S8(,3Btl 26

8,0»0,851.57^ 10
2,U61»,8(i9 71
8,68i,T.« 89
105 8:
42r.3tT.]ii5

lon»oii

o.-v

41,7^1 800 00

M.-ll-l.TOi CO
SS,161.!180 3a

OauundiUK called bonds
Other outsundliiK coin llabllillea
OnUtandlni; lenal ten-'ura
OataandinKfrictlonal currency

KZCHANGH AT LONDONJANUARY 25.

0.1

1-,'0.R8!>89 47

^tmt

(Sitgltal)

KKcn^suK \r i<onim>n and
AT I.A.TBST DATES.

nirB<*4>K

tS,17O.4J0 13

rcdomption of fmctlonal

ilie

131

Catest xnoiietaro and (Commercial

aud bVb.

1877,

1,

THE CKROmd.R

9, 1878.1

change will

of levived trade will be to increase

money market,

who

they are numerous,

as those manufaeturer?,
hold large stocks of goods,

.

markets for them, and

in consequence,

be

98,0^3

will find better

85

80,100

4,630
8,481

622.912
1,411,527

much less necessity for procuring advances from their
bankers. The eventual eflect would be, no doubt, to raise the

Vermont, Vt.
Vickeb'gMiss

265,!09

Wal'boro, Me
Willamette. O.
Wilm'ton. NC
Wiscasset, Me
York, Me...

will,

under

but that must be a work of time. There is
Sovereigns confor bar gold for export.
tinue to be taken for E^ypt, and some purchases of bar gold
• Boston, 105,090; Brazos, Tex., 101,809.
have been made iu the open market for Germany but the supply
Tbe following are tbe totals for the month of December:
Imports... *30,5S0,173 Domestic exports. $70,913,610 Foreign exp't8.tl,196,e04 of gold held by tbe Bank has slightly accumulated, the total
Spc'.io value of domestic expirts, 5';<1,058,716.
which is a very satisfactory
Coiuparativo statement of tlie imp3rt3 and exports of the Jiuantity held being £il,58'3,994,
United States for the month ended December 31, 1877, and for amount. Tbe total reserve is now £13,196,039, and its proporthe twelve months ended the same, compared with like data for tion to the liabilities of the establishment is 4)'ii3 percent, against
the corresponding periods of the year immediately preceding:
39'58 per cent last week, and 44'33.per cent last year.
Cerrtclttt to Jan. 31, 18:8.
During the last two days a demand has arisen for eagles for
LSFECIK VALUBJ.I
-isr1876.
transmission to New York, a sum of £300,000 having been withMonth
12 Mos.
Month
12 Mos.
of
ended
of
ended
drawn ftotn the Bank yesterday for that purpose. The New
iferfJiandiM.
December.
Dec. 31.
December.
Dec. 31.
Bxports— Domistic
York exchange is now quoted for GO days' drafts at 4 811, and
... $«;',05-',71'i 1617,531,828 t71,««7,«U0 $575,;3-..«ni
Foreign
l,l»<i,rjOI
.
J7,735,9»l
14,930.825
1,712,189
there is a slight profit ou tbe transmission of eagles to New York.
Total
.. $:0,2.'S6.*3)J6!O,(>68,222 $72,999,199 *.5')n,6Wi.(i-.'9
,
There are some who b.4ieve that gold will continue to be sent
i<oVo^»
80,630,. 73 480,224,876
32,5siO,76J 4«',:i4;,lc5
away, but the movement is not a strong one, and may be checked
Kxcms of exports over Imports 183,725,147 $149,043,316 $4r4l8,<',39 $163,31:>,461
even by an increase in the price of the American eagle.
Bxce>B of Imjiorts over exports
..
......
Oold A SiUfr i,aAn db buUUm).
The demand for money throughout the week has been exceedExports— Domestic
$',5140.13 $.$',431,218
$2,186,811 $47,97 !,7fi2 ingly moderate, and considerable dilHculty having been found in
Foreign

Mtown. Ct
Milwuuk,

W

!,7.3(

Mln'soti,

M.

1,190

value of

I'vO

scarcely

Yorkiown,Va

1

money

;

any demand

;

|

|

,

.

.

.

,

.

.

.

3 0,451

l",83i,0J«

1,236,551

8,3i0.7I3

$l,92r4.51

t3,.';9.',8(>2

$.')6,3.-)l,(75

ll,857,:i6«

3I,4:1,1:M

procuring

Total

Imports

1,594.

4«

t».«,'i17,22l
S3,fl7«,29S

Excess of exports over Imports
Koesa of imports over exiiorts

$330,.'29

$24,640,926

Totai M.rchandUe ami aiMde.
Exports-Domestic
|70,«'2,7t9 tOI4.966,4W
i^orclgn

Total...

Imports

fi^rf ?*,'"""'""

1,577,(155

23,619,000

«2I,S8.3,141

tS
464 504
*8,464.504
$73.42.1,571 ««23,709.
2,968,6'JO
2^,^^!,5.^?

.',66

bills,

the rates of discount are easy as follows
Ter cent.

Bankrate
Open market

..

t7B,i:",7:4 $8(18,585,416
32,124 598 501,901,174

'"P"'''' »*%0:.6, 176 $164,684,272

JUcesa ofr imjiorts
imiiorts over cxuorta
cxporu

$76,392,26! $-47,02;,K4
44,438,126 4d1,818,4!>9

$31,96i,iaS
$I86,8a2,«05
ww
,
»

Open market

I

The

4 months'

rates

bank

:

Peresot.

:

bill.'

P

6 months' bank bill9... ••" *
)nlbs' trade bU a. SJidt
4 aud 6

rates
SlandttJ days' bllla
Sniontfas' bills

.

m

rates of Interest allowed

count houses for deposits are
..

i

I

by tbe joint-stock banks and dU*

now

as under:

Per cent.
Joint-stock banks

Discount houses at eall
Otsconnt bouses with 7 days' notice
OUcouLtboasea with 14 davs' notice

S ft....
!]<&....
I #....
H O-..

THE

132

CHilONlt5LE

[Vol.

XXVI,

Annexed Is a statement allowing the present position of the Turkish Government has been addressed in very plain
language,
Bank of England, the Bank rate of discount, the price of Consols and if the Ambassador here has failed to convince it that

Eng-

the average quotation for English wheat, the price of Middling
tTpland cotton, of No. 40's Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four

previous years
1574.

Circulation— including

bank post

bills

1ST5.

£
86,172,68-2

Public depo8its

4,834,041
Otbor deposits
50,536,533
Government secoriUes. 14,795.566
Olher securities
16,719,458
15,588,231

& bullion in both
departments
23,0:3,396
Proportion -of reserve

£
27,713,469

4.623,.^65
19,708.2S'4

15,r?8,960
17,034,064

.1,66.3.648

86,174,740

9,669,819

11,317,794

12,196,029

21,981,619

27,355,214

24,532,994

44 -23
8 p. c.

4 p. c.
9J"4
449. 6d.

p. c.

92Ji
629. 6d.
8 l-16d.

8d quality
Is. IJ^d.
Clearing House return. 187,187,000

18,817,6i)9

17,675,008

11,3J1,888

93}i
448. 7d.

95%

40-82
3 p. c.
96?i

5Is. ad.

5as. ui.

eKd.

7d.

....

3X

Mid. TTpland cotton...
No. 40'6 mule twist.fair

The

.3,355,586

88,086,715
18,867,876
17,676,106

82,524,638

to liabilities

Bank-rate
Consols
English wheat,av. price

1878.

£
28,386,663

8oln

cities

1877.

£
27,631,543

Reserve of notes and
coin

18T6.

£
26,128,012
3,924,933
19,675,471
15.148,98!
15,3o8,310

7!l-16d.

5 p.

C.

lljjd.
l8. Od.
lUid.
10«d.
149,196,OCo' 128.188,006 106,16-i,Sod lll,62ctblXI

following are the current rates of discount at the leading

abroad

Bank Open
rate,
p. c.

Pans
Amsterdam

a

3

m

Frankfort
Leipzig

4H

SX

Brussels
Trieste. . .

p.

c.

6®8

6
6

Lisbon and Oporto
St. Petersburg
Turin, Florence and

3
3

mark-t.

Madrid.Oadizaud Barcelona

•Hi

4>f
5
3
854
4}i

Genoa
Geneva

rate,
p. c.

c.

IH

Hamburg

Vienna and

p.

2

Berlin

Bank Open

mark't.

8
5

Rome

536X

Calcutta

Copenhagen

8X

is

one of

the consequences.

Turkey is
and as it

strict neutrality, it

must blame

itself

for

quite clear that the military power of
now completely broken. Russia is anxious for peace,
is not likely that the Czar will court the formidable
It is

opposition of England and Austria, an early peace seems almost
certain.

The half-yearly meeting of the shareholders of the London &
Westminster Bank was held on Wednesday, and the chairman
stated that one favorable feature of the past half-year had been
the almost perfect immunity from loss by bad debts. The amount
written off the profits on accounts in respect to that item was
under £100, which was a thing unparalleled in the history of the
bank. He thought that it was a very encouraging feature that
the trading community had borne so well the strain of an excessive and long-continued depression.
There has not been much change in the position of the wheat
trade daring the past week. Political affairs have naturally
exerted some influence, and as hopes are entertained of an early
peace, millers have shown some reluctance to buy largely.
On
the other hand, sellers, owing to the fact that we are in the
middle of winter, are by no means pressing sellers, and hence
there has been but little fluctuation in prices. The time has now
arrived during which

4

New York....
I

land's policy

I

our imports are likely to be upon a
diminished scale. The large shipments which were made from
the leading producing countries late in the autumn have now
reached this country, and, although there has been a moderate
accumulation at our outports, the statistical position is less satis-

The principal feature in the bullion market has been a renewed factory to the
consumer, and is likely to remain so for a few
demand for American eagles, of which a considerable supply has weeks to
come. Although prices are now by no means excessive,
been purchased for New York. The silver market has been
tbe quotations in New York have further^declined and at the
rather dull. The present prices of bullion are as follows:
present time the New York market exercises a great regulating
;

GOLD.

Bar Gold,

fine

Bar Gold,

reflnable

..

gpanish Doubloons
South American Doubloons.
United States Gold Coin

Germau

,

^

gold coin

SILVEB.

Bar Silver, fine
Bar Silver, con'ng
Mexictm Dollars

5 grs.

Gold

Spanish Dollars (Carolne)
Five Franc Pieces
Quicksilver,

'i!

peroz., nearest.
peroz., nearest.
per cz., last price.

peroz
Discount, 3 per cent.

s.

9K@

77

lojia

a
@

75
Td
'.6

9
3>4'@

76

Bxa

d.

peroz!

£7 5b.

d.

s.

per oz. standard.
per oz. sUudard.
per oz., nominal.
per oz
'.'.'.
.peroz
',.',,
........ per oz!

d.

53V
5l>i
63
...

d.

....
....
....
....
....
....

.

® 83%
» S4>^
a
@
&
....

....
....

The directors of the Anglo-American Telegraph Company have
declared a balance dividend of IJ per cent upon ithe ordinary
atock for the half-year ending December 31, and also a balance

power over the British markets. It would appear at first sight
that prices here were not attractive, but a tolerably stationary
market here, and a receding one in the United States, are
favorable to increased importations at our ports, a declining
market in America being. In a certain sense, equivalent to
a rising one on this side.
The relapse in New York obviously,
leads buyers to the conclusion that there is still a superabundance
of produce in the country, and it is regarded as very probable

the improved, if not certain, prospects of peace between
Russia and Turkey have induced many holders of grain to secure
existing prices. The fact is not lost sight of that the war has
been a most expensive one to Russia, and that the financial conthat

which was in a state of difficulty before
commenced, is now very seriously crippled. Letters
from Moscow state that the failures which are taking place, not
only in that city, but also throughout the Empire, are very
numerous, and that theie seemed to be but little prospect of any
upon the ordinary consolidated stock will therefore amo-ant to 4 immediate improvement in the position of affairs. The cheapper cent.
ness of money in Western Europe had, it appears, rendered some
During the earlier part of the week the stock markets wore assistance, as large supplies of grain had been purchased by
kept in a state of suspense, considerable anxiety having been foreigners, chiefly for exportation to Great Britain, but the sales
felt with regard to the Queen's speech and to the political
future. had been made at low prices, partly from the necessity which
The primary effect of the Royal Message was to create an uneasy entailed hasty selling, and partly from the fact that the produce
feeling; but Ihursday's debate in the two Houses of Parliament had to be conveyed a long distance by rail before a port of shiprevived confidence, the postponement of any vote for supplies for ment could be reached.
Now that the war promises to be
the army and navy having led to the belief that the Ministry,
as brought to a conclusion, the cost will have to be counted"
a body, is sanguine as to an early termination of the war. There and the reckoning will undoubtedly prove to be a serious
is no doubt that, in spite of the recent agitation
trial for Russian finance.
War, even if successful, means heavy
in the country
and the abuse which has been heaped upon the Ministry, and taxation and heavy taxes mean drawbacks to national prosperity
especially upon the Prime Minister, the country
supports the and a more or less hasty disposal of produce, which moderate
Government policy. Lord Salisbury was very plain iu his speech affluence would check. Just now there are drawbacks to a very
on Thursday night, when he said that if the country was dissat- extensive export of wheat from Russia, not only on account of
isfied with the Government and its policy,
the only Constitutional the impediments wliich winter brings with it, out because those
course was to provide themselves with a better government
and speculators in grain who have accum-alated stocks at various
dividend of 1 per cent upon the preference, and a first and final
dividend of 2 per cent on the deferred stock. After these pay.
ments, there will remain a balance of about £3,300 to be carried
forward to the next account. The total dividend for the past year

dition of the country,

hostilities

;

another policy; but Liberals

points in Russia foresee, or believe that they do, an early termi-

istry cannot be turned out

nation of the war

know too well that the present Minon the question of foreign policy, and
must await the time when purely domestic questions afford them
an opportunity of uniting their party. For a long time past it
has been said that the Ministry have been disunited, and that the
Premier has favored a -w-ar policy which has been unacceptable
to his colleagues.
This is strongly denied, and it is to be hof ed,
now that Parliament is sitting, there will ba less puerile talk
and much more of common sense. When it is borne in mind
many years has a Ministry in this country had a task
so fraught with difficulties, dangers, and anxieties to carry
to a
euccessful, peaceful and honorable issue, to hamper it is, to say
that not for

the

lea?t, unpatriotic.

The utterances

of the

Ministers have
been frequent and have been distinctly in favor of peace. The

and, as a result, an easier and cheaper means
conveyance to a British port. Although such a consideration
may result in a diminished importation of Russian wheat, yet
there is reason to believe that the check is only temporary, and
that our markets are threatened with liberal supplies. When
those supplies will reach us will depend partly upon diplomatists
and partly upon the weather. At the present time the trade for
wheat is wanting in buoyancy, and if such be the case in mid;

of

winter, ihere

would seem to be but little hope of improvement
the weather should be adverse to the growing

later on, unless

crops

;

but of this there are no present indications.

worth while to bear in mind that throughout the whole of
northern Europe, including the northern part of France, the crops
It is

{

FiBRUABT

THE CHRuNICLE

0, 1878. J

very poor coaditioD, and that the quantity was
ffood deal of sprouted wheat has in that district bcoo sent to market, and it is not improbable that France
will have to buy more largely of dry foreign wheat than for some
time past. Russian produce, such as good Baxonka, seems to bo

were Unrvcsted

also deGcieut.

In

A

most suited to the requirements of French millers, and the close
of the war would in all probability bring about a resuscitation
of the grain trade of Marseilles, which has been materially affected
by the blockade of south Russian ports. We must now expect
that millers in this country will operate with extreme caution, as
there is now no apprehension of scarcity, either as regards
American or Russian produce.

183

oecasion like the presant the Qovernment of thla country U to
regard as authentic what appears in a Turkleh and is copied Into

an English newspaper ? The Government natnrally expects that
the Russian and Turkish Governments should exhibit the nsoal
diplomatic courtesy, and not leave our Ambassador to find oat
the news he is waiting for in the best way he can, and, as there
has undoubtedly been a good deal of unnecessary delay, the Gov-

ernment of

country cannot be condemned for drawing

this

its

own inferences.
Some persons may
and

I think, in

assertthat Lord Beaconsfield is sospiclona,
the present state of Europe, he need be. For

many years past several of the Continental nations have pursued
a very doubtful policy. You are well aware that there has been
some months past much discussion as to. the course we
to pursue in Egypt, and it has been said that an eminent
foreign statesman has suggested to our Government that we
should take it, and thus obtain a quid pro quo for Russian annextlon in Armenia.
Lord Beaconsfield said last night that " if the
persons who make comments had the experience which we have
had as to Egypt during the last year, they would be aware that
bold, perilous and unprincipled measures have been suggested in
for

London, Saturday,

Jan. 26, 18' 8.

The resent week has been the most anxious that this country
has passed through (or many years. Last week the Ministers
held out hopes thit peace would soon be concluded between the
belligerents but the Government now asserts that, up to Thursday evening, they had been waiting seventeen days for the terms
which Russia has promised to communicate to them, but without
1

;

result.

The Government and a considerable section of the country
made to hoodwink this country, and

ought

And

respect to that country."

in a reply

believe that efforts are being

opposition he significantly adds

Lord Beaconsfield does not consider it to our honor to be thus
treated, he has, it almost seems, precipitated a crisis. It has been
pateat for some days past that Russia is impeding the negotiations with a view to secure military advantages, and when we
bear in mind that the distress south of the Balkans is of such
intensity that it has been scarcely equalled before in the world's
history, that Turkey, from a military point of view, is powerless,
and that the Czar was supposed to have entered upon tliis war
with feelings of humanity, it is obvious to every sane mind that
cunning and duplicity are by no means necessary. It may be that
the military element is too much in the ascendant in Russia, and
that the civil power is unable, possibly unwilling, to control it
but matters have now assumed a very serious aspect, and it almost
seems that not only will England be drawn into the struggle, but
that the much-dreaded convulsions in Europe are about to arise.
For a long time past Continental monarchs have been playing
with dangerous toys. The military burdens have been so great,
and the sufferings of the people have become so severe, that the
discontent has assumed forms which compels those in power to
justify their policy. It may be that the result of this crisis will
be— first, general commotion, and a subsequent curtailment of the
military burdens which weigh so heavily upon the people.
The
discontent in Germany is very great, and Is increasing, as it ia

know whether an opportunity

as

:

"

to

the leader of the

The noble Earl wishes

to

will be given for a general discus-

and whether papers will, as a basis for such discussion, be
upon the table. The noble Earl has had great experience in
public aflfaira, and he knows that there are few things more difficult than to supply the Houses of Parliament with all the information on diplomatic ailairs which they desire. In this country,
where we are used to publicity in every possible mode and in all
forma and fashions, everybody expects to be well informed on the
conduct of public afiUirs, and to be supplied with any information
he may desire. But that is not the temper of the government of
every country; and I am sorry to say that there is a growing
reluctance on the part of foreign governments to communicate
with the Government of Her Majesty, except on the condition that
their despatches and propositions shall not be placed in that
peculiar form of literature which is known on the Continent
under the name of " Blue Books." And, therefore, when it sometimes happens that information is not given to the House, as the
noble Earl will understand, it arises from no wish on the part of
the Government to deny necessary information. All I can promise
is that such papers as I can place on the table of the House shall
sion,

laid

be placed there as soon as possible."
One of the results of personal and military government is,
therefore, that nations are kept in the dark with regard to their

who

Been that individual and, necessarily, national prosperity, is not
only impeded, but is entireiy'absent. It is scarcely to be thought

own

credible that Russia desires

The first eflfect of the news in the city and in mercantile circles
was very unfavorable. Most classes of securities experienced a
considerable'fall, and amongst merchants scarcely any desire to
operate was evinced.
The fall in securities, however, soon
attracted the attention of influential buyers, and yesterday, not
only was the depression which was apparent at the commencement of business recovered, but an improvement, compared with
the previous day, was apparent. Grave, therefore, as the situa-

to precipitate a war with this
country, but the crisis has arrived, orders having been giren for
fleet to move to Qallipoli, and to garrison the fort
with bluejackets and marines, as a preliminary to the whole of
the lines being manned by the Malta garrison. It is clear that if
Russia means to threaten Qallipoli, we are in collision with her,
and that is war. Germany and Austria must then show their
colors, and perhaps all the mysteries of the Triple Alliance will
be presented to the public gaze.
It is remarkable that on this decision of the Government
becoMing known, the terms of peace were very quickly communicated to the Government by the Russian Ambassador, and as
there is reason to believe that the outline of terms forms the
basis of a settlement, the orders to the fleet have been countermanded. The position is still, however, one of great perils but
hopes are entertained that, before many days have elapsed, a

the British

;

more satisfactory state of things will exist. The liberal papers
condemn, of course, the policy of the Government, and regard it
as dangerous and unnecessary. The Daily Newi of to-day, in an
editorial article, says that if the

Government were unaware of the

terms of peace, the blame must be attached to the Ambassador at
Constantinople, and adds that the terms are to be found in the
newspapers. And yet, with regard to the terms, it mentions in
another column that " neither the Russian nor the Turkish Gov-

ernment

is willing to publish an authentic statement
of the terms
of peace which have been agreed upon, and which the Turkish
delegates at Kesanl-k have been ordered to sign, although it is

announced from Constantinople that the details of the conditions
which have hitherto appeared in various journals are premature.

The

following,

tee

bdiene, are substantially the terms

the Russian and Turkish Governments
have agreed
the duty of an Ambassador to

It is

be of value to his government

;

:

upon which

"No

doubt.

send all news which may
but can it be supposed that on an

national afiairs, and are entirely at the mercy of those

govern.

tion appears to be, the majority still believe that the crisis will

overcome in a

pacific

be

way.

The absence of political news in the early part of the week
paralyzed business, but there was no depression, a hopeful view
having been taken of the future. The proposed vote for additional
supplies for the army and navy, and the resignation of Ministers,
had a very adverse effect but it was only temporary, and
;

a better feeling has since prevailed. The influence of politics
upon the money market has been scarcely perceptible at all
events, if any effect has been produced, it has been in favor of
borrowers, who have been able to obtain money on good security
;

on any terms they please. For short loans, in fact, the quotation
is only half per cent per annum, and the rates of dieconnt ar«
very easy) as follows
:

Fer cent.

Bank

8

rate

Oj.en-markct rates:

30and BO iliys' bills
gmonthe'biUe

I
I
I

1H©1X
1H®IX

I

Per cent.
Open-market rates
1 mouths' bank bills
1X08
bills
bank
6 months'
"<9'„
4 and 6 months' trade bul». « 9*1*

I

The discount houses have reduced
deposits, butjthe joint-stock

making an

alteration.

their rates of interest for

banks have thus

The quotations

far

been reluctant Id

for deposits

are sul'-

joined
JointstocK banks
Dieconnt honf es at call
Discount hoQses with 1 days' notice
Discount hoasea with 14 days' notice

Iji
}»

'

THE

134

CHRONlCIl^l

Annexed is a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consol s,
the average quotation for Bngiislx wheat, the price of Middliof;
Upland cotton, of No. 40's Mule
and the Bankers' Clearing House

twist,

fair

second qualiiy,

compared with

return,

tl>«

four preTlous years
Circulation— incladin*

14,S45,3'i8
16,i.81,623

Other securities
Reserve of notes and

£

£

£

27.070.535

27.970,764
4,1C1,6J3
27,365,718
17,317.876
17,762,841

27.433.f:43

•

86,135,865
3.7i 4,835
19,786,513
14,220,060
15,616,182

4,8Jli.455

19,163,123
14,538,960
17,120,323

coin

14,591,076

12,616,999

22,246,347

27 350,026

21,714,734

reserve
45 83 p.

3 p.

WX

c.

Wy,

63i. 3d
7 13-16d.

43i. 9d.

lUi-

4 p. c.
tlli
443. 9d.
6,Hd.

c,

2 p. c.
'.•6K

41-84 p.c,
3 p. c
95

5t9 lid.
6 13-16d.

D2s. Id.

lIHd.

10«d.

91,039.000

90,814,01)0

6Kd.

twist, fair

U.liii-

le.

Od.

l8. Od.

90,376,000

96,436,000

retnrt. 101,002.000

Bank return

principal feature in the

is

that notwithsland.

ing that the establishment lost, according to the daily statements
•which are published, about £352,000, the supply of bullion has
been augmented by £131,740. Coin has returned, therefore, to a

moderate extent from provincial circulation. The total reserve
hag been augmented by nearly £431,000, and its proportion to the
liabilities of the establishment has risen to 41 'SI per cent.
The demand for gold for exportation during the week, has been
chiefly for the United States, though there is still some inquiry
for Egypt.
The demand for gold is only Butiicient to absorb the
small iucoming supplies. In the silver market there has been no
important feature but a somewhat steadier tone has prevailed.
;

price of fine bar silver

Wheat

is

53Jd. to SSJd. per ounce.

Tenders were received at the Bank of England on Wednesday
Government bills on India, as well as for a bal.
ance of £52,000 left over from last week. The amounts allotted
were £194,100 to Calcutta, and to Bombay £123,900. making a
total of £317,000, The average rates obtained were: On Calcutta,
Is. 8'517d., and on Bombay, Is. 8-518d.
Tenders on both Presidencies at Is. 8id. received about 24 per cent, and above that
price in full. The whole of the amount offered was therefore
disposed of, but at a reduction of ^d. per rupee.
abroad

are the current rates of discount at the leading

:

Bank

Bank

Open

market.
cent, percent.
rate,

^

Paris

1«

S

Amsterdam

3

2^

Berlin

4

iii&-i^

4

SX

Hamburff
Frankfort

^

4
4

2)4

Genoa
Geneva

5

4ii

Rome
New York

3Jtf

3)4

Calcutta

,.

2X

Open

rate, markit.
cent, per cent.

Madrid, Cadiz and Barcelona
6
Lisbon and Oporto ...
6
St Petersbnre...
6X
Turin, Florence and

licipzig

,

5
5

6

..

against

harvest, the pales have

103,200

amounted

quarters

in

1877.

Since

markets
to 933,256 quarters, against 1,028,873 quarters in the corresponding
period of 1876-7; while it is computed that they have been in
the whole kingdom 3,733,100 quarter!!, against 4,695,220 quarters
Without reckoning the supplies f urni.ihed ex-granary, it is esti mated that the following quantities of wlieat and flour have been
placed upon the British markets since harvest
in the 150 principal

:

Imports of wheat
Imports of floar
Sales of

home-grown produce

Total
Exports of wheat and flour

1877-8.

1876-7.

cwt.

cwt.

cwt.

21,925,953
3,329,215
16,176,500

15.259,812
2,110,173
13,428,500

£5,762,011
2,714,031
17,480,100

16,127.446

41,431,703
881,172

36,093.4i5
571,967

46, '56,142

42,704.555
170,323

43.550.5 31

33,526,518
483, 4d.

46,052,(61
483. 7d.

4ver. price of Ens. wlieat for season iia. lid.

103,676

1874-5.

3.187,<iO.I

8l,3f9,300

42,634.233
453. OJ.

figures

1874-5.
16,127,446
7,215,433
3,865,931
860,70)
1,C09,399
5,052,948
3,187,909

4,.^t6,739

4,374,698
(;60,3;3

1,632,566
8,405,974
2,714,031

555.120
52,714
88.279
84,161
31,961

138,637
139, USS
47,789
10,426

94,3S0
l(:,57l

104,160
3,922
4.190
14,274
8,796

o-20,661

16,347

1,043
S2,7-34

S1,C85

Reporta— Per Cable.

Bnxllata .Tlark^et

Thedailycloslngquotationsinthemarketsof London and Liver,
pool for the past week have been reported by cable, as shown in

summary

the following

—

London Money and Stock Market. The bullion in the Bank
of England has increased £135,000 during the week.
Wed.

Hon.

Tnee.

96
96

95Ji

96Ji

9r.J4

93%

96S<-

0.8.6s (5-SOs) 1867..., 106Ji

106

Bat.

Consols for money.. 95Ji

"

account..

10»>i

New4>ia

104>tf

105X

Liverpool Ootton Markit.

108AI
104Ji
104

104%

104?i
lOJ

Tbur.

lOlfi

FrI.
95 11-16
95 11-16

95 7-16
95 7-16
106
103
lOtfi

10«X

106Ji
lOa

WS%

0.8,10-408
580fl881

105%
103)4'

VAfi
103%

103%

— See special report of
—

cotton.

Liverpool Breadstu^s Market.

Hon.
s.

d

e.

6

89

29

spring). i? ctl 10

4

10
11
13
12

6
4

E.

Flour (extra State)

Wheat

W.

(R.

"
" 11 3
(Red winter)...
"
(Av. Cal. wliite),. " 12 5
"
(C.White club)... " 13 8
Corn (new W. mix.) ?( quar. 27 6
.

Peas (Canadian)

»

5

Hon.

sat.
53
Beef (prime mess) ^> tc.
Pork (W't. mess).,, .^bbi 55
Bacon (I'g cl. m. )...,¥ cwl 30
40
Lard (American).... "
"
65
Cheese (Am. Ine)
.

.

83
55
30
40
66

—

6

6

Liverpool Produce Market.
B.

"

5
10

"
Sea!

(fine)

Petrolou(0(reflne(l)

and

Lo7idon Produce

£
UnB'dc'ke(obl),iS tE.

U«Beed

(Cal,)

*

d.

8,

quar.

«

3!i

Wed.
81
55
29
40
66

d.
6

5
10

U

onspot.^cwt
Stun, .75
3permoll
" .:B
Whaleoil
UnBeedoll....* toa.,a5

2)

10

6

from the 1st of September to the close of last week, compared
with the corresponding period in each of the three previous

3

12
18

7

27
S6

Thur.

d.

B.

6

6

81
55
29
39
66

Frl.
d.

8.

d.

83
55
29
39
6)

U
6
9

40
25

<0
25

£

6

3

83
75
!o
25 10

6

t.

6

40

10

5
10

11

7«
40
25

6

40
25

6

6

•25

—
Thur.
Wed.
£ 8. d. £ B. d.

d

8.

3

83
75

6

43

Frl.

£

33
75
35

3500

33

6

8.

d.

9 10
48

9 10
43

10

43

35

Frl.
d.
6

d.
6

11

10

48

5

10

TueB.
d.

Tnnt.
8.

•:«

6

Oil Market).
6.

Wed.
B. d.
5 6

n

~H

9 10

43 6

9

12
12
26

7

a.

Tues.
B.

11

6

£.

4

36
36

40
66

3

10

Hon.

9 10

29

11

12
13

81
;5
30

d.
6

8.

5

V«

Tallow(primoCity)..* cwt. 40
"
25
Spirits turpentine

B.

10

3

U

d.

B.

Hon.

d.
6
i(i%

''

Frl.
d.
6
10 3

d.

—

Sat.

BoBln( common)... flcwt..

s.

29

29
10

Tne«.

d.

s.

,

Thnr.

d.

B.

—

Liverpool Provitions Market.
B. d.

d.

10. 3
11
12 1
12 7
26 9
86 6

3

8
27 6
37

quarter. 37

Wed.

Taes.

sat.
d.

IJbbl 29

23

6

75

00»5 00

5025502550

75
.35

35

5

(Siommcrcial aiib iilteccllaueoua ISlms,

—

Imports and Exfokts for thb Wbbk. The imnorts last
week showed an increase in both dry goods and general
The total imports were ffl,923,815, against
mercliandise.
14,398,575 the preceding week and '(5,111,531 two weeks previous.' The exports for the week ended Feb. 5 amounted to
the pre$6,434,239, against $7,033,943 laet week and $5,868,963
viouswee'k. The exports of eotton for the week ending Feb. 6
were 11,672 bales, against 0,506 bales the week before. The following are the imports at New York tor week endine (for dry
goods) Jan. 31 and for the week ending (for general merohandise) Feb.

1

rOaSlQN IMPORTS AT

NBW YORK FOR TUK WBBK.

1875.
82.8S1,711

Drygocds

1376.

2;,700,')84

$6,495,787
23,083,493

$6,923,515
20.630,666

431,457.274

$29,578,279

$37,551,431

Total for the week.
Previously reported,. ..

Jo.! 23, 197
25,333,137

$6,756,290

$31,761,633

1

1878,

$2,181,917
4,741,398

.3,034,734

SlaceJiB.

1877.
13,6^0,416
3,68.i,3ri

$2,168,020
"
4,263. 270

General merchandise...

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports lor the week ending
Feb. 5:

BZFOBTS

max KBW

Portheweek
Previously reported....

$5,679,073
16,744,402

show

the imports and exports of tereal
produce into and from the United Kingdom since harvest, viz.

ye»rs

860,193

TORK »0R THB WBBK.
t5,098,3<16
19,902,511

1877.
$6.52}.846
SV, 389,752

1879.
$6,421,339

$25,000,937

$83,912,593

$30,399,880

1873.

Eosnlt

The following

187E-6.

1876-6.
25,762.011

Sagar(No.l2D'ch8td)
i&'iX

During the week ended January 19, the sales of homegrown
wheat in the 150 principal markets of England and Wales
amounted to 30,425 quarters, against 40,798 quarters last year;
and it is computed that in the whole kingdom tliey were
quarters,

2,410,113

27,9.31

(,<3^i

stopped.

157,700

3,329,345

Sat.

i^
Copenhagen
5,,'<@6 f®6
2i{
4
iH
The political news has not had much influence on the wheat
trade. The tone has, however, been firmer, and an advance of
about Is. per quarter has taken place. Were war regarded as
inevitable, the trade would naturally become very excited, and
prices would advance rapidly, as Russian supplies would be

Bnueels
TiennaandTrieste..

14,.59i.l33

59,539
12.404
10,0a3
46,615
20.974

(spirits)

cities

I!,'235,o0.^

cwl.

for £365,000 In

The following

85I,:J7S
I,6't9,774

5,901,016
4,103,023
65(,58t
1,772.830

Barley
Oats
Peas

Beans

10,479.762

Jdauallty

The

16,a'A812

6,481,730
4,959,431

r.

BXPOBTS.

IndianCorn

22,796,121

3>f p. c.

House

IndianCorn

17.652.5Uil

11,930,509

to liabilities

The

24,!)95,'.I58

Beans

17,t09,J3I

26,035,241

Bank-rate

Clearing

86.110,478

12,-23,331

Oonsols
English wheat, av. price
Mid. Upland cotton,...

mule

3,7(15,66';

1876-7.

1877-8.

cwt.

Plour

Coin and bullion It
both departments....

NO.40S,

1873.

1877.

1876.

£

25,719,360
5,K'.9,8n
80,001,508

Government securities.

of

1S;5.

£

bank poat-billa
Public depoelts
Other deposits

Proportion

_
Wheat
Barley
Oats
Peas

Plour
1874.

XXV

[Vol.

Since Jan.

1

$32,433,4-,5

The following will show the exports
New Tork for the week ending Feb,

ot specie
3, 1878,

parison of the total since Jan. 1, 1878,
totals for several previous years

31, i; 5,671

from the port of
and also a com-

with the corresponding

FaunuABT

IHE (milONlCLR

0, 1878.

J«n. Sl-atr. Baltic

Llvorpool

Feb. 3-liCr. Oder

ttouiumpton

..

.

..Hex. stlrer doli..
Mex. illTor ban..
Ktx. gold coId
.

Amer.

$67,B7)
O.sin
4r>,W>
S5,000

.

silver bora

Ohio & Mlsslaslppi.—The report for Drcember, 1877, of Mr.
John King, Jr., as racelrer, shows the (oUowiog
icxins.
:

C'jshon hand December
Total ror the week
PrsTtoaiily reported
Total tlnce Jan.
Basic time In—

i

1157 8*7
l.aw.tiw

;

|1.65l,4<t

18TS.

1,

Same Ume la—

I

ll.10n.67I

1877
1876

I

1871

$4,31067.3
S.6:4,4t4

8,85163111870
ll,o143U 18»»

I87»
1874
I8T8
187»

4,ill,M!

I

The imports

I

8,798,388
34f.SSl(.

I

S.Stlb.ies

of specie at this port duripj; tlie

same periods have

:

Jan. M-Str, City of Merida

aia^Ma

1

From station agents..
From conductors..,
From individuals, railroad companies,
From express companies

'.'.'.'.'.'.'.','...."".'.'.".'.

Ac'.*.'

Amer.

.Havana

rilver. ....
Foreign silver..

S'4,

784

ToUl

.t41S,tOT

DisBunaxmars.
Vonchers prior to November. 1876 .
Arrearages prior to Novt-mber, 1876
Vonchers subsequent to November 17, 1876
Psy.rolls fubfcqucnt to November 17, 1876
Arrearages subsequent to November 17, 1876
Cash on hand January, 1, 1878

28— Str. Colon

Jan.

Asplnwall

.'.'.'"'

.

!/!.'.'.'

Total.

S— Str.

Feb.

Carondolot.

.Nassau

Foreign eold...
Amer. gold

»— Str.
8— S(r.
8— SU.

Feb.
Feb.
Feb.

Adriatic...

.Llver))00l

Columbus.,

.Uavaui

Abydtln;a.,

.Liverpool

Yirgiuia State Debt.— A press despatch from Bichmond Mys:
bill for the readjustment of the puiilic debt was passed in
the State Senate, Feb. 7, by a vote of 21 to 15. The first section
provides that all owners of coupontax-reo ivable bonds issued
under provisions of the Funding Bill, or of regintered bonds and
fractional certificates, legally fundable, under the provisions of
said act as amended by the act of March 7, 1872, in euch coupontax-receivable bonds, may exchange the same for neW 4 per
cent bonds, dated July 1, 1878, and payable thirty-four years
after date, but redeemable after ten years said bonds to be
either registered or coupon, at the option of the person making
the exchange, but when once issued to be no further excUangeabli", except that coupon bondholders may exchange for regristered bonds the coupons to be payable semi. annually and to be
receivable for tares, dues and demands due to the State, except
capitation tax and the tax levied !or free schools, and fines imposed
for ofTenses against the State; past-due coupons to remain as
under the Funding Bill or invested in non-iDt.-re8t bearing certificates, redeemable at the pleasure 01 the State that when threefourths of the consol debt shall have been exchanged under the
provisions of this act, the Peeler bonds (as of their full principal
amount) and the other unfunded bonds and stocks Cas of twothirds their principal amount) may be exchanged in like manner.
The bill closes with an expression of the belief of the General
Assembly that an adjustment on the plan proposed would
accomplish ihe objects set forth, and invokes the co-operation of
the bondholders, and pledges, so far as it may, the good faith of
the people in meeting the obligation it imposes. This action of
the Senate is a deatli-blow to the forcible readjuaters, who are
The latter body is now considering
in a majority in the House.
the Tax bill, which, if adopted, would leave only a small margin
for the payment of any debt interest.
The difference between
the two Houses will probably be settled by a compromise."

8,
B,

"The

1.

Foreign silver..

Amer.

I.

..

..

1,

jjold
1,

481,

Amet. silver
Amer. gold

1,

Total for the week
Prerlonslv reported

inSM

$4i8!w7

city

2,

Forei;ju silver..

i»s,tib
lll,S«0
'446

Yalley, Virginia.— The Finance Commissioners of Baltimore
have refused their assent to the issue of. the |2,000,000
mortgage.

a,

Amer. gold
Gold dust
Amer. stiver

tMIt

•••....

......::.
!'..*!!'
...!I. ::.':::;;;::

.

Amer. koH
Fonign gold
Amer. silver

MiaS
»T,T1I0

.

.i.60S.I«| 1868
».04\!0.' 18B7
I,SW.)13 13f6

been as followa

135

|1,60T,!580
6*6. lOJ

;

Total since

.Ian. 1,

Same time in—

1878

t8,883,082

Same time 1

1877
1876
1878
1874
18JJ
1378

;|,4I2.9I0

is;i

J275,6iri
S.ri.rtSO

3f8,9«

1870
146.463 1869
105,60« 18B8
l.«,53I
18i7
113.4891

The transactions for the
as follows:

week

2
4
S
«

-—>
Currency.

Gold.

$1,886,105 43
487 000
8.075,304 16
8 6.000
»76,8»7 74
1,.313,»40 r6
8:6,000
: 32,000
63.',175 35
519,4.1 67
603,000

a
Total

$2,312,000

Balance, Feb.

!a9,6t>4

103,228,932 60

Balance, Feb. 8

103,121,033 64

Payments.

.

$667,733 31
1,550,,^13 51

748.612 45
488,489 11
719,711 90
4S3,4U 63

;

,

Gold.

Currency.

}653,78S 61
I,3;i,',30 50

#878,136 07
1,65J,'>5I

11

781,861 51
6r8,5!)7 44
7:6.902 OS
453,608 63

966,6-29 21
1,17S,I'J8 67

7^5,461 44
663,20} 92

$4,592,528 01 $3,508,509 37 $5,052,356 S4
35,605.906 85

$7,402,535 21

1

have been

at the Sub- Treasury

$i5-',000

T

Se.l.SSil

Receipts.

.

Customs.
Feb.

l.fi30.96i

35,115,977

«

From
we have

the Comptroller of the Currency, Hon. John Jay Knox,
the following statement of the currency movements and
Treasury balances for two months past
17.5. Bonds held o» steurlty from Nat. B'is.—
Nov.
Dec.
Jan.
Bouda for circulation deposited
$4,768,5C0
$2,8:11,(100
$1,.178,105
Bonds for circulation withdrawn
2,6,86,850
I, •134,' 00
1.763,6(0
Total held for circulation

Bonds

licld

as security for deposits

34B,;87,51»
13,983,000

346 3 2,050

171,600

198,000

67,500

Western Union Telegraph.— A dispatch from Philadelphia,

11.937,204
3,150,601

11,780,.370

11,B28,585

3jl,340,2!8

1.396,512
32,056,224
319,913,778

February 5, say a: "The quo warranto issued against the Western
Union Telegraph Company, to compel them to show by what

849,1 10,4 ;4

1.74.^,640

1,0:2,800
621,--85
3!0.647,6:iO

1,412,120

604,883
320,340,385
1,432,120
3,241.000
9,235,000
1,018,000
46,000

4,8R1,C03

l.'>7,0

IhS.niO
4,iri,coo

13,493,003

Leyal Tendtr Hota.—
Deposited in Treasury under act of June 20,

gage bondholders.

1874

now on

Total

deposit, including llquidatiug

banks
Retlrc<l under act of .Tanuary 14, 1875
Total retired under that act to date

.!0,65i.712

Total amount of greenbacks outstanding.

—

.

yaiiona'- Rink Circulafion.
New circulation issued
3,938.255
Circnialion retired
1,385,767
Total circulation outstanding—Currency... 319,jl9,.59J

Gold
Notes received for redemption from—

New York

4.911.000
7,837,000

Boston
Philadelphia
Cincinnati,...

87.1,000

72,000
141,000

Chicago
Miacellaneoas

demption of

^5<,240

1,432,120

7,f24,0(,0

927.000
61,i'00

$17,340,000

$17,822,000 $18,US9,00O

18.^,970,214

189,518,405
S,49a,844

!26.SR3,9 6
3,170,460

10,000,000
33,424,900

10,000,000
42,733,800

8,818,8»«

authority, contrary to the provisions of the new Constitution,
they have assumed the control of the lines of the Atlantic &
Pacific Company in this State, was to have been brought up for
argument before Judge Cad wallader, of the United States District
Court, to-day. The case originated in the Common Pleas No. 4
It was carried from there to the Unted States Court
of this city.
by the Western Union Company, who claimed that, being a foreign corporation, they had the right to make an appeal to that
court,
tieneral Coliis, at whose instance the quo warranto wag
issued, contends that the Common Pleas had proper jurisdiction,
and he made application to Judge Cadwallader to liave the matter
sent back. Argument upon this point was to have been made today, but, owing to the alSsence of Attorney General Lear, and by
private arrangement of counsel, the case was not called up, and
will not be for several days."
The statement of the Royal Insurance Company of Liverpool
and London will be found to-day in our advertising coiumne.
The gross assets of the United States brancli, on tlie Ist of January, 1878. stood at $2,681,892; liabilities, $1,404,035; surplus,
$1,217,807, Daring the year 1877, the surplus income over expenditures was $.5i!:J,371. The statement of the heal olHce shows
The New York ofllce
surplus for policyholders of $6,840,8(55.
is at 5Q Wall street, and the managers, Messrs. McDonald and

.=2,?-^!i,:7ii

3,522,000

8,40,3,000

Total
Trtasury Movtmentt.—
Balance in Treasnry- Coin
Currrncy
Currency held for

Oou

—

Western Maryland. The Finance Commissioners of the city
of Baltimore liave rejected the propositions of the second mort-

S4i.l50,5oO
14,373,030

—

re-

frac-

tional currency

9,806,002

oertiflcates ontftanilinu

32, .391,400

Receipts or Domestle Frodace.

The

receipts of domestic produce since January
or the sima period of 1877, have been as (allows:

Ashes
pkgs.
BrcadstuSsFlour

Wheat

Com

bbls.

bush.
'

Oats

Since

Same

Jan. l,'78

ume 1877

361

638

5I:),'.iCC

Rye

857,828
361,246

'

7B,15.'.|

881,575

Grass seed. ..hi

•.0,44>'

Il9.0il

O.COb
37,502
15.003

60,331
10,272

bales.

1)5,1.18

136,.i2;

No.

8f8,a76
16,848
416.812

Beans
Peas

bbfs.

hufh

meal.. bbls

Cotton

Hemp

"

Hides

Hops

bsles.

laeather

sides.

Molasses
Molasses

hhds.
bbls.

Naval StoresCrude turp..bbl8.
Spirits turp

"

BoBln....'
Tar

"
••

7il

90
16. 262

29,752

..bifls.

l,o;j
8,084

1,410
11,583

Butter

pkgs.

Cheese
Outmcats
Kgg'
Pork
Beef

11.31.'

"

..

"
•'

I.arit

kegs.
pkgs.

Rico

•'

89I,S75 Starch
7,644 Stearioc
375.80U Sn?ar

'•

bbls
bhds.
pkgs.

85G Sugar
48,51:

Tallow

85,95)

54i1

.1401

7,1W
4 <.r.i

3,771
53.837,

2.0M

2.1-31'

Tobacco
Tobacco
Whiskey
'

i

"

"

Lard

1,363

"

"

hhds
bbls.
bales,

..

Wool
Dressed hog*

. .

No.

87,547

103,086

63,171

25,2,15
16t,0'36

174,14,1

»7,07«
40.0 !0
6,Sli
138,174
2,661
8,318
27,020

10931
5,5'.l«

4,B6«
3-2,017

f,'6,-.

1,6'I7

15,945

81.117

4,11:1

lO.MO

4.6<l»

4.8'iJ

11.821

31,29s

—

—

60.712
6,S2H

11,525

1«2

—

Tua Bankers' Alman.\o and Reoister kor 1878 the
twenty-seventh annual volume has just been published at the
olHce of the Hankers' Magazine, No. 251 Broadway, New York.
It contains some three hundred pages, devoted to full lists of the
banki., bankers, trust companies and safe deposit companies of
the United Stales, the banks and bankers of Canada and of the
principal cities and towns of other portions of the world, and to
other matters of information useful to bankers. The Almarac ia
too well known among bankers to require any introduction.
Wo call the attention of our readers to tbe card of the Banque
Ceatrale Anversoise in to day's issue of The CnROntCLB. This
bank, with Its large paid. up capital, and under the management
of gome of Antwerp's wealthiest and most respected citizens,
should commend itself to all those having foreign bosinegg to

30,091

2,496
42
5.47U
J.Cll
15,642

8,55.1

Beddell.

—

bbls.

Peanuts
bags.
Provisions-

61)8 840,

Sa.:!96

and

pkgs,

cake

Oil, lard...

1,146,151

577, ira

Com

Pitch

'

BarU-y&malt'

1878,

Sfnco
Same
Jan. 1,'78 time 1877
Oil

436.811
4,2S1,0
1,787,87)

1,

transact.

—

'

The Ontario Silver Mioin;? Company announces the payment
on the 15th instant of dividends 19 and 30, of $50,000 gold each.
The total production of tbe mine for the month of January waa
80 barg of bullion, having an asiay value of $170,265.

THE CHRONICLE.

13B

Sankecs'

^\)t

Closing prices at the Board have been as follows

®a?«tte.

Feb.

Natioaal Banks organized during the past week.

No

recently been snnonnced

When

Per

Name of

Books Closed.

Cent. Patadle. (Days

Cohttakt.

inclusive.)

Railroads.
Cleveland

&

March

Pittsbursli sjuar (qiiar.)

New York

1

Feb. 11 to Mar.

1.

Insnrauce.

City Fire

Feb.

5

11.

Feb. 6 to Feb.

10.

On dem.

Fire

FKIDAY, FEBRUARY

Int. period.
reg.. Jan. &,July.

100%

106%

68,1881

conp..ian. &July.

10li)4

*iW>!f

2.

& Jnly.*lft3
& July. 103
& July.*1051f
coup. .Jan. & July. 105X
..reg. .Jan. & July. *108
coup.. Jan. & Jary.*10S!<

8,

Tbe money Market and Financial

68,5-208,1887
68,5-208,1868.
»s; 5-208; 1868

.

coup..

4s, registered, 1907
1907
4s, coupon,

1878-5 P. M.
Situation.

— Tbe

10i%
103 <
101%
101%

Quar.— Mar
Quar.— Jan
guar.— Jan

lO-JJj

103%

markets liave seldom shown

less

animation at this time
present the appearance

The daily Stock Exchange lists
mi Isummer dulness, as the volume of business transacted is
much below what we are accustomed to see in periods of only
ordinary activity. The pendency of the silver bill and new tariff
bill in Congress, and the uncertainty just recently hanging over
of year.
ol

the question of railroad freights, have been quite sufficient to
ace unt for the lack of animation in business.as it is but a truism
to say that nothing so completely checks operations as to have
important matters remaining unsettled, which leave bulls and
bears and conservative investors

all

equally in doubt as to what

Another bank defalcation has been disBank of North America, and to the

will be the result.

covered, this time in the

amount of $10"),000.
The money market

i^rows in ease

still

and the

rates are

now

quoted at 4 per cent for call loans on government collaterals, and
5@6 per cent on miscellaneous collaterals. Prime commercial
paper sells readily at 5@6J per cent for really choice grades.
The Bank of England statement on Thursday showed a gain
of £133,000 during the week, and the discount rate was left
unchanged at 3 per cent, which was accepted here as an evi lence
that the directors were not seriously affected by the war rumors.
The last statement of the New York City Clearing-House
banks, issued Febuary 3, showed an increase of $384,775, in the
excess above their 35 per cent legal reserve, the whole of such
excess being $10,016,775, against $15,633,000 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years
-1678.-

Jan.

1877.

Feb.

36.

Differences.

2.

Loans and dis. 8838,404,300 J841,a'5,S00
Specie...

30.1!I3,600

19,793,100
207,171,200
37,231,200

Circalation....
Net deposits..

Leeal tenders.

31,230,000
19,761,300
210,801,700
37,362,200

Feb.

8,

Feb.

5.

Inc.. ?3,871, 200 8254,011,800 J260.0r)7,4C0
Inc . 1,035,400
38,.305,100
23,570,800
15,563,500
Dec.
36,800
17,449,300
Inc.. 3,130,500 231,091,700 224,5il9,100
Inc..
131,000
48,305,100
47,356,200

—

United States Bonds. The market for governments has
shown much the same features as last week. The principal demand comes from small investors in various parts of the country,
and indicates that there is a lack of confidence among them in
savings banks or in stocks and bonds other than governments.
The German bankers have been free sellers of bonds, and a good
part of their sales are believed to be " shorts," against which
they have purchased no bonds abroad. As to the amount of
bonds he]d abroad, the Journal oj Oommerce says " Somewhat

105%
K5,%
lOiu *I08%
103% •102%
105% 105%
105 -^

102 5<

105

105

10 9i •107%
108% •108

104'^

107%
_
10i% *10i%
103% 103%

103 ii

103;,'

103

103%

insy 103% 10S%
101% 100!i 1C0%
102% •101% •101%

101

•117
Currency, lS95..reg..Jan. & July.*li
Currency, 169S.. reg. .Jan. & July. •117X
.... *117%
.... *118
Currency, 1897. .reg. .Jan. & July. *I18
.... *11S^
69, Currency, 1898. . reg. lan. <fe July. *I18%
.... *119
6s, Currency, 1899.. reg., Jan. & July. •119
•This is the price bid; no sace was made at the Board.
63,
68,
6s,

10)

104!^

107Jf

ia3%
103%

103

102?£

102%
100%
101%

*:17
*117>^
*118

•118%

....

'119

in prices since Jan. 1, 1878, and ihe amount of each
bonds outHtandine Feb. 1,1878, were as follows:
.—Range since Jan. 1, 1878-^ ^—-Amount Feb. 1.
,

The range
class of

Lowest.
coup. 10,i%Feb.

1881

9s,
69,
6s,
6s,
Bs,
Bs,

5-2O9, 1865,
6-30S, 1867
5-J08, 1868

coup.
coup.
coup.
coup.
coup.
coup.

10-408

funded, 1381

4V48, 1891

1907

4b,
63,

Highest.

1

106%
107%
103%
102%
lOl'-i

Currency, 1899. ... reg. 11S«

— The

State and Railroad Bonds.

88.693,aM

26 $194,043,000
11
49,217,000
11
99,400,150
35
15,773,500
36 148,555.250
24 222,396.800
11 121,122,300
tjl,078,e00
9
9
64,623,612

Feb.
Jan.
2il09!iJan.
Feb.
8 138% .Ian
Feb. 7 106% Jan.
Feb.
7 104!< Jan.
Jan. 26 102K Jan.
Jan.
8 119M Jan.

105

Coupon.

Registered.

107% .Jan.
8 103J4 Jan.
Jan.
6 106

8

new. .coup. 102% Jan.

t.7,686,250

211,817,050
81,691,800
52,011,060
286,043 560
78,877,700
13,921,200

new

principal

feature

bonds was the report of tho South Carolina Commission on the bonds of that State. According to the press
dispatches, only about $1,600,000 of the consolidated bonds are
held to be absolutely free from taint, thou;h a large part of the
balance will probably he hela go.id the report is not reassuring.
Some of the brokers in this city familiar with Southern bonds,
think there is some mistake in the numbers of the bonds held
good as they appear by telegraph in the Times. Louisiana bonds
Virginia "Peelers" will be
are stronger on a home demand.
favorably influenced by the new law, if it finally passes.
Railroad bonds are steadily held ou a mo derate business. As
soon as the financial situation clears up a little and investors feel
more safety in moving, we anticipate a good demand for railroad
affecting State

;

bonds.
Messrs. A. H.

MuUer &

Soni sold the

following at auction

SHARES.

802d

Av.EE

lOSthAv.

&

63

20 Metropolitan Nat. Bank
10 Continental Nat. Bank

126X
7t.%
69
66

RR

30 Republic Fire Ins
10 Star Fire Ins

12ii/j

SOMech. &Traders' Nat. B'k...l05>i

1876.

105%

104!^

.

financial

8.

105%
1(6%

101
114

—

rcg..Quar.— Mar

Feb.

Feb.

6.

lOOJf
im'4,
](B?i

»IO.J% •105>i •105
105X 105% 105
'107% »I08
107
»108ii *10j% K18%
"

reg..Mar.&Sept.»li'5»< *i01%
reg..Mar.&Sept.»
coup..Mar. ASept.*
108 !<
reg..Quar.— Feb, 104^- 104
coup..Quar. Feb 101 14 104

Bs, 10-408
5s, 10-408
53, funded, 1881
5s, funded, 1881...

4^48, 1891
4Hs, 1891

102%
10i%

:

Feb.

5.

4.

68, 5--208, 1865, n.i.. coup.. Jan.
reg..Jan.
6s, 5-808, 1867
:

Feb.

Feb.

6«, 1881

6s,S-20s, 1865,n. l...reg..Jan.

DIVIDENDS.
The followluz dividends have

[Vol. XXVI.

30
20
SO
60
60
20
6

10
20

Nat. Citizens' Bank
Rutgers Ins
North River Bank
Hamilton Fire Ins
Howard Ins
113%
Clinton Fire Ins
New York Gaelight Co
New York Gaslight Co
Greenwich Ins

10)
175
61
140
112
132

®

Messrs. A. H. Nicolay

BONDS.
r.th Av. RK. scrip
4,000 Jersey City ;b,

2.58

69

due 1S89,
ie7%andint.

103%
Co. sold the following:
BOSDS.

&

$10,000 Jersey City "s, due 1905,

......168

Water-proofing & Manf,
Co., $400 for the lot.
BOO Westcott's Type-setting Co.,
$7 per share.
5

&

$80n

126

SHARES.
6TJ. S. Life Ins
8 IT. S. Life Ins....

5 N. Y.
49
10 Commerce Fire Ins
62
15 Nassau Bank
90
15 Nat. Citizens' Bank
106Jf
10 North River Bank
65
St Gebhard Fire Ins
50
40 Mechanics' & Traders' In8...174X
19 Lenox Fire Ins
92>f
40 Lorillard Ins
90
60 Mech.
Traders' Nat. Bank. 103
Nat. Butch & Drovers' B'k... 88^
44 Continental Nat. Bank
'!5X

U

iih}i

SHomelns

:

SHARES.
Boston Ins

108% and

162%

Am.

int.

4,000 Cincinnati 6s, gold, 90

and

int.

New

Brunswick
8,000 City Of
(N. J.) 7b, 104% and int.
180 U. S. Life Ins. scrip
93
2i0 U. S. Life Ins. scrip
8JX

:

extravagant estimates have recently been made as to the amount
of bonds supposed to be held abroad. It is difficult to very
c'osely cilculate the extent of those holdings.
Until within a
few years estimates could be formed based upon the coupon payments at the Treasury Department, but the Syndicate operators
deranged this basis, as the bankers bought maturing coupons
abroad and turned them into the Treasury in settlement of their
amounts. The total outstanding issue of coupon bonds is given
in the last debt statement as $821,086,950.
It is estimated by
bankers who are in a position to b well informed on the sub
ject, that not more than $350,000,000 of the whole issue is now
held abroad. The following table shows the amount of the
coupon issues outstanding and the estimated amount of each

owned by

foreigners

:

Estimated

Coupon.
••otlSSl
Consols of 1807

$S8,693..350 I
211,217,0150 f
62,011,060

10-408

Consols of 1865
Consols of 1868

b7,686,250
81,K»1,300

5s of 1881

286,04.3,550

,

4)iB0f^91

78,877,709
18,921,503
915,000

480fl9n7
Oregon war debt

held abroad.
$150,000,000
50,000,000

None
8.000,000
126,000.000
16,000,000
2,COO.O0O

None

Closing prices of leading State and Railroad Bonds for three
weeks past, and the range since Jan. 1, 1878, have been as follows:
Feb. Feb. ^Range since Jan. 1,1878.—
Jan.
States.

25.

Missouri 68
North Carolina

$821,080,950

$3.50,000,000

Closing prices of securities in London have been as follows:
Jan.

Feb.

«.

1.

i

Feb.

O. 8.

6s, 5-208.

107«

106 Jf

U.S.
6«of

58. 10-408

103-4

109,Vt

108X

1881

lOdv
losy

105«

104 )i

«

103%

New 4%

1867

per cents

.

104

-Kange since
Lowest.
lP5!i
107>i

104X
103%

Jan. 2
Jan. 2
Jan. 30
Jan. 2

1873.^
Highest.

.Jan. 1,

I07X
109X
106%
105%

Jan.
Jan.
Jan.
Jan.

23
26
15

24

•67

Virginia 68, consol

do

40

3d series.
do
District of Columbia, 3-658 1924
.

78

Railroads.
•65
Central of N. J.- Ist consol.
104%
Central Pacific 1st. 68, gold
Chic. Burl. &Quincy consol. 7s 109%
93!<
Chic. & Northwest'n, cp., gold
93
Chic. M. A St. P. cons, s, fd, 78
107
Chic. R.I. &Pac. 68, 1917
•111%
Brie let, 7s, extended
.

. .

LakeSh.

& Mich.So.lstcons.cp

Michigan Central, consol. 78

.

Morris & Essex, let mort
S. Y. Cen. & Ilud. 1st, coup.

•105
•17
39
•67
•40

106%

&

*77%
»)%
104%

no

•41

....

•76%

76% Jan.

was made

Highest.

83% Jan.

7 100
6 17%

Feb.

25
6

4

39

Feb. 8
Feb. 1

6

80

Jan. 29

i

Jan.
Jan.
Jan.
•116i( 115% Jan.
118
118
Jan.
110
109

•106V

10.")%

'Via 97% Feb.
118

Feb.

118

lu-m 108% Fob.
104% 108% .Ian.
9514 93% Jan.

at the

Feb. 5
Feb. 8
Jan. 89
Feb. 6
7i112% Feb. 4
10 109% Jan. 21
Jan. 19
5 107
5 117!4 Feb. 5
7 119% Feb. 5
8 lOOH Jan. 30
8 116!< Jan. IB
8 106% Jan. 24
7 105,m; Feb. 5
7 96% Feb. 6

2 110
14 93%
5 98%
Jan. 6 107%

91% Jan.
91% Jan.

•109

....

105%

Railroad and iniscellaneous

Jan.

109

93 Ji

•107% 106

167
112

1

81

67X 64% Jan. 29 6S% Feb. 5
1U4J4 103% Jan. 16 105% Jan. 29
•92

.

sale

17!4Feb.
33% Jan.

109 «
•mv,

*

l>id;

80<i Jan.
104!4 Jan.

•38
•67

•109^ •109

.

83%
106
17%

•117
•116
119
119
•1)V'/,
Miss., cons. sink, fund 100
•118
Chic. Ist
Plttsb. Ft. Wayne
St. Louis & Iron Mt.. let mort •1U6% •x3%
101%
104*4
Union Pacific Ist, 68, gold
•953ir
96
sinking fund
do

Ohio

• This IS the price

Total

•17%
88%

old

6s,

Lowest.

8.

1.

88% *81%
•105

'89 or '90

Board.

Stociis.

—

Business at the
Stock Board has been quite limited, and nothing of interest has
transpired as to any of the prominent stocks. At the ineetin» of
officers in Chicago to adjust the east-bound fre:ght rates, tliere
seems to be some difficulty in regard to time contracts outstanding for t' e shipment of freight at lower than schedule rates, and
It is
at last accounts no definite agreement had been arrived at.
evident to all that thtre is, to say the least, a strong possibility

February

THE OHOONICLR

0, 1878.]

that another railroad "war"
lincH have their affairs in a

may

lake place, and until the trunk

.—

condition, any advance
in »ti)ck.-< based on |)resnnt good trafflc would soein to be unwarli:iiik shares were rather more active to-day and lower.
rantod.
North America sold
Conimurcc roae to 118i and fell off to 118.
Merchant's Exchange sold
at 01, a furiher di'cliue of 4 per cent.
Metropolitan sold at 120; a few days since 130 was asked
at 75.
Park declined to 100, and Hofor it.
North Kiver Bold at CO.

public to HI.
Total sales of the

week

"
"

6

6

"

7

"

8

Total
Whole Dtock

1

were as follows

in leadinj; BtockR

Ohio

St.

wo<t. Shore. Union.
10;'
8,000
7,155
12,330 1,\,'«)
410
8,900
900
8,800
2,880
28,700 1S,7«)
1,600
8,850 ao.S'K)
7,950 11,85)
525

Fo*. 3
4

aettlo

Lak« Wcat'n

Niirlli-

"

more

&

Paul.

Mi»8.

& W.

S,100
15.800
7,000
4.760
4,150
1,400

1,000

3,8TO
1,320
5,380
8,890
81,093
5,600

500
1,60}
T.)0

1,700

600

Higaouri Pacific

St. L.
S. Francisco Month of Jan. ..
8t.U&S.E'n(Stl,.(ilv.; 3d week of Jan..
•'
(Ken.div.).. 3d week of Jan..
" (Tenn.dlv.). ,3d week of Jan..
Tol. Peoria
Warsaw. .Month of Jan...
iTabash
Mouth of Jan...

22(i

640
BOO
100

8,ri75

l'J8

1,750

8,35.-1

3,i.'>a

Central of K.J
Chic. Durl.dkU
C. Mtl. « St. P.

do
pref.
Chlo.* North.
do
prof.

« Pac.
Del.* II. Canal
Del. L. A Weat
Brie
Ban. A St. Joi
do
pref.
m. CenMal...
C. U.

1.

Lake Shore...

MIchlKae Cent
MorrlB AEssex

N.r.Cen.*U.U

Ohlo&MUa...

—

Pacinc Mall

Panama

.

Wmbaah, »toctc
Union Haclflo.
Weat. Dn.Tel.

Adama Bxp...
American Ex

nx

S7V
6fH 6SS

aev SJH

8M< S5V
Sis 62K
Mt< 99X

SIX S5X
62X 6>X
n 9»x
iiii 49k
50X SOX

SOK SOX

»X

»H

U

M«

MX

9X

9X

nx

•11

25X
76X 7«H
6'X SIX
«0X 60V

23!a
76 K

-6X
•ly

S6y SiX
6SH 68X
S3K 35
6UV NX
93 K 9JX
48H 43 V
49X 50X

9X

9>i
11

u«

u

ax

MX

2SX
76 X 76X
SIX «1X
MX 60X
14X 74X

23

tt\ 7S
105X:O6V lOSXIOSX 10iX103X lOSX

8X

8X
2JX 22 H

^K

*2ix
•..^123

123

lOOX lOUX

101

41),
4S

•4«V

49 X
48
8<

48
84

~

Total sales this week,
1877. were as follows:

I6X

16
:

29V

no

salt

3X

22X 22X
'....

68

123
17
68

76X. 7«K
..

lOIX IXIX

101

48X

Wella, Fanto ..
ISK S4
Quicksilver.... •I5H ....
•30
prt'f.
^')
Thli la Che orloe bid and aaiced

iost<

8

t22X

123

16X 16X
67!if 6TX
76X ;«x

16X i«:
67X 67
16V 76
4.S

Dnitcd Siatea.

»x

SS

37H

49

49

48X 48X
84

84
....
....

'16X
'23X

SO

Friday,
Fen. 8.

Feb. 7.
17X 17V

IMX

101

I''3X

99

47X
49X

9X
•II

25

9X

nx

Current week.
Previous week..
Jan. 1 to date
.

9X

.

UX

The following

23-4
76

25K
75V
61V 62X
60X 60V
7SX 71

75X 76
61V 62X
74" 74"

Sovereigns

8X

•22X
12SX

lax

..

.

48X

84X

n

49
49
85

nx

'29

woa made at the Board

82

V

,

76

f5!<

nv
..*

•17

•28X

for

Central of

New Jersey

Erie
Jb St.

Joseph

do

1,300

Lake Shore
Michigan Central
Morris & E'sex
N. Y. Central A Hudson River.
Ohio & Mississippi
Pacific Mail

Panama

Adams Express

.

American BExpress
United Suites Kxpress

,

*Co

Qulck:;llver

do

The

'.

pref

82
73

(<

.

MX

Waba.Hh ttock

Union Pacific
Western Union Telegraph.

10% J«n.

I8X Jan.
Jan.
27
Jan.
<i,rt98
Jan.
77
Feb.
93.8i5 59% Jan.
63 J^ Jan.
764 5S!4 Jan.
83 Jan.
Jan.
1,065 71
76% Jan.
8,-.. 104% Jan. aw 108% Jan.
6,(00
7 Jan. 16
_...„.
8x Jan
1,470 81 14 .Jan. 6' 2.3% Jan. 16
295 112
Jan. 5 12i
Jan. 8
t:89
Jan.
17% Jan. 8
932 64X Jan.
69
Jan. 10
5,755 75^ Jan.
78X Jan. 2
Jan.
347 98
103!4 Feb. 8
296 47% Jan.
60
Jan. 2
653 46
-Jan.
49X Feb.
498 82% Jan.
8r>^ Ian. 81
700 ISH Jan.
17S Fob.
300 29X Pel).
31% Jan. 8^.1
495

pref.,

nilnois Central

Wells. Fargo

Highest.
Low. llii'h
13;^ Jan.
8 18.x Jan. 14
6
37V
410 102
Jan. 2 :04
Feb. 8 94
118%
35,930 38
Jan. 9 39X Jan. 24 11
42 !V
5,160 68% Jan. 80 7.)^ Jan.
40% 731ii
61,650 88% Feb.
33
Jan.
15
43%
24,8J5 60% Feb. 6 61% Jan.
37V 419 X
6,482

3,464 98% Jan. 15 lOOx Jan.
11,366 45
Jan. 5 68% Jan.
45,883 46>.4 Jan.
52% Jan. 11
4,462
10
7% Jan.
Jan. 18

latest railroad earnings,

and the

totals

from Jan.

H2X
25 V
30",

1(I5X
74

X

4%

1

1

1, to,

-Latest earnings reported.
1877.

Qnincy, .Month or Dec... 1968,148
Obic. * Northwest
.Month of Dec...
928,747
Dakota Southern .. .Month of Dec...
16,185
IlUnoia Con. (Iil.llnc) ..Month of Nov..
462,048
Lonli'v. ,6 Nashville.. .Montn of Dec.
510.000
Mobile A Ohio
..Month of Dec...
315000
Maahv. Chalt. * St.L. .Montn of D'jc...
163,064
New Jer^y Midland .Month of Dec...
50.153
Pad. A Ell2abetht'n .Month of Dec...
30.5.8
Fhlla. A Srle
.Month of Dec...
8^",r42
St. Joseph A Western Month of Nov..
61.392
at. Paul .t S. City
.Month of Dec...
46 6'ffi
SlonxCity.bSt.Paul. Mouth of Dec...
a3,7»7
Sonthem Mlnneaota Month of Nov..
86,870
Union Puciflc
Month of Dec... 925.S5J
.

.

Jan.
1876.

I

.

lff!i.

Ateh. Top. & S. Fe .. Month of .Tan... $171,010
Bur. C. Itnp. Jb Norih,,4th week of Jan.
57.232
Oairo A Kt. lA>uia
.8d week of Jan..
3,818
Oantral Pacific
.Month of Jan... 1,1'25,0(X)
Ohicago .* Alton
Month of Jan... 316.711
,

Chic. Mil..t St. I'aiil. .nil week of .Tan.
Clev. Mt V.& l).,*c Month of .Jan...
Denv. A Rill Urandc.., 31 week if Jan..
.

Grand Trnuk

.W'kend. Jan. 26.

Great We."tcrn
W'kcnd. Jan.25.
Hannibal A St. Jo... Sd wi>ek of Jan..
Indlanao. BL AW... .Id week of Jan..
Int. A Gi. Northern. 3d week of Jan..

1 65,000

$131,864
23 4^5
5,018
1,170,616
351,803
131,093

92H

85 14 109V
IIX
2^4

80

2«V
130

59%

HIX

56

ti5

91

43 Ji
36
81

13

19X

BOX
59 V
90
24
45

1876.

^
5.15l.9i2

2,09:1,312

1,749,218

1.097,917

635,067

d6ti,913

19,156

i»,4H

18.100
171.820
113.091

8.896
16:,i00
63,035
83,000
3i,aa«
86,881

28,OfX)

85 791
31,409

706,000
19,158
89,719
868,739
388,779
79.660
90,908
81.884

dollars. .
Knglish silver
Prussian silv.thalers
Trade dollars.

uanSMPrem.

'

bills,

undermentioned

and 4-83f(g4-84

New

Tork to-day

Savannah, buying par, selling 1-8
@i premium Charleston, scarce, par @^ premium, J premium
Boston, 25c. discount New Orleans, commercial i@31C, bank
par St. Louis, 1-10 discount and Chicago, 80 discount.
Quotations for foreign exchange are as follows:
cities

:

;

;

;

;

-Feb. 8.60 days.

Prime bankers' sterling bills on London...
Good bankers' and prime commercial
Good commercial
Documentary commercial
,

Paris (francs)
(francs)
(f ra'ics)

1877.
1...

8

..

15..
22..
29..
Nov. 5.
Nov. 12.
Nov. 19.

875,553
8«,4J4
27.890
6''.e.559

818.800
75.610
64,404
108,080

past:

S

t

$

$

$

2,4(17,000

6,4130,300

12(i,85i,800

2,210,6'JO

126,497,.')00

5,811 900
5,427,100
5,605,000
5,947,809
6,226. SOO
6,180,600
6,074.80)
5,668,200
5.601, .'iiX)
5.617,500
5,500,500

48,830,300
49,458,400
48.339,800
48,427,800
43,770,800
51,011,800
51,703,4C0

23,341,030

2,267,200
2,119,000

6,018,700

24,286.S0)
24,431.510
51,877,1300 24,319.700
60,673,1100 24,110,200
50,I;8,S00 24 687.200
49,745.500 24.561,400
50,811,700 81,550,00)
50,615,t00 84,336,400

40,8*7,565
51,175,098
47,046,368
50,598,118
44.610,414
49.711,719
61,859,798
50,637,148

6,684,800
5,014,400
8,982,800
3,719,800
3,680,(00

52,767,000
61,483,400
60,000,000
48.838.900
48,752 800

119,026,800
131.015,001
130.875,000
l»,rti2.100
121,596,330

4.293,400
5.100,700
6,386,400
5,47 ,0C0
5,13J,3

127,383.103
129,127,700
129,-08,300
129,445,100
127,95I,'.KX)

Pblladelphla Banlu,

6,75.5,400

— The

2:3,808,0

83,987.700
84,037,000
83,949,300
24.157,(100

50,!)(12,.'iO0

84,766,310
S4,8-0.900
24.823.800
21.(126 600
24,:59,:!00

47,18%549
42,815,(i8«

47,9 17.863
45.502,579
46,873,410
£9,552.308

53.119,105
51 45S.371
6l,8c6,S47
41.895,878
38, 4?, 181

totals of the Philadelphia

bank*

are as follows
Loans.

Specie. L. Tenders. Deposits. Circalatlon.

1877.

S

t

$

«

$

Ocul...

61,088,110
6I,2IS,162
61,013,149

l,.376.57l
l,«20,r>15

1)0,812,307

l,28r,.578

13,981,867
13.461.578
12.967,296
18.971,540

49,072,910
48,293.947
47,768,873
47,(60.675

80,731.181
60.321,'86

1,357,001
1,432,397
1.4S(,4S2
1.472,532
1,410,181

10,619,169
10,576,(00
10, 606,830
10,-9(,1«9
10,688,601
]0.68),79&

Oct. 8...

Oct

15..
Oct. 88..
Oct. 89..

12 453
3->I,(:08

96)i

$

127,689,700
123,(30,400
127,723,900

Dec.

l,no,6l5

Kit
853
g5V

128,819,900
123,147,100
127,402,700

17.

73,''64

$134,864

weeks

12ti,034,700

Tan. 1).
Jan. 81.
Jan. 28.
Feb. 4.

&
3
@
@

95
96
95
95

Specie. L. Tenders. Deposits. Circulation. Agg. Clear,

3..
10.

31.
81.
1678.
Jan. 7..

5.19%®5.16»
16%
19%li
19%'ao 16%
39%l3 40%

following are the totals of the Boston

2,459,600
2,601,400
2,927,800
8.868,500
2,815,200
2,811,500
3.014,200
2,910,800
8.93.\600
3,347,900

Nov. 26.
Dec.
Der.
Dec.
Dec.
Dec.

4.8m®4.89V

94 ^^'^

,

b'.nks for a series of

Oct.
Oct.
Oct.
Oct.
Oct.

4.83%S4.84
4.88 04.83

4.80 '
4.79>4
'6.21%

94X®

Boston Banlm.—The
Loans.

3 days.
4.84 (M.SiX

@4.82%
4.81^^.82
"
4.81

94X(94X(.

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

Nov. 5..
Nov. U.
Nov. 19.
Nov. 26.

1877.

(guilders)

Hamijiir;; (reichmarks)

rh"

6,531,700

7,993
1,125.000
316,711

a
@
nena

Mexican

74 X

1,990,1^28

$171,000
165,412

_

—
— 97J^
—
97)i
;^ — 93
— 93 @ — 94
4 75 a 4 85
— 65 a
— 70
— 96X^
— 97
—90

Five francs

35X
51V

73%

to latest date.

1818.

4 78
4 10
16 10
15 7(1
117)^

Amsterdam

7:1

898,29! 3,172,992 8,3-.2.979
51,236
465,1168
411,957
40,444
571.7.-2
514.881
84,312
342.6:i2
3.')9.I32
71,410
6£i,107
6HI,1:S3
990.9-6 12.473, 808 l?,8«'l 8j9

1W7.

@
@

.

33%

MH

1,

are quotations in gold for various coins':
Dimes & half dimes
$4 89
96%!^
- 3- 90
Larije silver, Vs &>is
9«%i

6.28X_
89X(a

.

,

995,S»7

146,557,00J

6.nn

$826,181 $12879,209 $12003,").50
809,640 12,lJ9,-'i«2 12,467,.54iJ
11,673
2 6,'41
I93,:s9
429,614 4.66;,.525 i.mLV.X)
491.051
319,603
139,837
52,117

964, '83

102

Swiss

1 to latest

1877.

993,000

189,5 8,000

lot

102

Antwerp

and including, the period mentioned

&

12,651,000

101% 101% 102% 102
lOlX lOlli .OIH 102
102% 10154 102% 102

102>,-

15
1.5%

7

ta the second column.

Chic Burl

l<i,324.000

03,659
1,474,878
1,917,96«
1,878.888
1,114,520

17
4UV4
45

dates, are given below.
The statement includes the gross earnings of uU railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the

poBS earnings from Jan.

I02ii 102
102% 102

1.412,400
1,897,600
1,°40.500

13,679,000

;

year 1S77.

Lowest.

I

Chicago Bnrl. & Qnincy
Chicago Mil. & St. Paul
ao
do
pref..
Chicago & Northwestern
do
do
pref.
Chicago Rock Island Jk Paciflc.
Delaware Ji Iludson Canal
Delaware Lack. Si Western

Eannibal
do

1378, to date.-

1.3,391,000

In domestic bills the following were rates on

1,

Whole
1,

Currency.

10 J
ioa% 1112
lOiX 101% 102% 103

demand.

at the

I

Gold.
1,219.0011

loi.s,'

about 4-83 for bankers' sixty-day sterling

I

Shares

Balances.—^

.

1 17,598.001] {1,821,691 $1,860,808

a dull market and bankers' bills
in second hands have been offered at a material concession from
their asking rates.
To-day, the rates on actual business were

49X 49X
•84V

390,5 9

Excbanse. — There has been

i»Q

49

180.46»l

15,949,000

Pine silver bare
Fine gold bars

76

fil.STO

S77,9aS
840,048
100,487
36,880
80,483
8,307
78 .670
815,585

85.407
19,171
9,123

102

•2?!^ .'^
121
124

and the range ia prices since Jan.
Sales
of w*k. Ir —Jan.

Uold
ClearinM.

•15V 16
•6TK 63

1«S 77
19IX lOlX
43

-Quotations.-

84
$4~~Napoleons
3 86
Z. X Rclchnmrks.
4 72
XGulldcrs
,
3 90
Spanish Doubloons. 15 70
Hexlcitn Donbloons 15 50

lOSX lOSX "105X 105X

8X

8S9.40O
86I.IMI
91,518

Op'n Low. High Cloa.
102
101% 101% 102

5.... 102

Friday,

49X 49V

9X
II
.

asx

...

I02X lOJ

"
Wednesday, "
"
Thursday,

4-1^

4<

8

**

Tnesday,

8;x

CSV 69
SIX 35X
6IX 61X
98X C9

99
48
50>2

Feb.

Monday,

101

KX

S7X
68V 68X
8SX
§1
61
61V

37

Satnrday,

nv

17V

11,001

KMt

877,808
940.042
100.487
13.464
8,182
3,275
78,570
815,625

—

for tbo

Thursday,

3I7,01»

M,»70

ITIarIiet._The price of gold has been tolerably
steady in the neighborhood of 102.
To day, the sales were all at
Until the fate of the Bland bill is clearly known, gold
10;J((B102i.
must be more or less subject to fluctuations, andif the bill should
pass then the future ia uncertain.
On gold loans the carrying
rates to-day were 5^ per cent to flat.
In London, to-day, silver is
quoted at 51 3-lGd. per ounce.
The range of gold and clearings and balances were as follows

numher

Katnroay, Monday, Tneeday, Wednea'y,
Keb. 2.
Fen. 4.
Feb. 5.
Feb. 6.
I'X 17»<
HK 18!<
nx
im.H I03K 103X 103H "IftiX lOSX 1«3X 108X

1M7.
100.»«0
464,031
>«I.9«I
117,041
t.«0»

Vbe Uoia

of shares of stock outstanding is given in
purpose of comparison.
The daily highest and lowest orices have been as folio)W8:
lint),

6,410
8,808
130,460
39J.609

to latoat dat<>.

W43I1

865,904
837.082
8,357

1.3,073

&

5.7IJ5
.35,900
81,650 92,825
6,000 40,883
4,482 11,3^6
151,031 494,6«S 337,374 153.992 200.0CO 584,000 780,000 200,000

Tlie total

the last

,

1

1878.

198,640
543,878

454,0:!3

89.848
389,400
264,8:9
97,542

.St.

30

1171.
57,071

8.M0

r.

,fe

430

Texas. .Month of Jan. ..

& Memphia
8d week of Jan..
StL. A.*T.U.(brch«), Month of Jan...
Mt. * South, Month of tjan...
St.L.
L. K. C. * North'n, Month of Jan...

&

Jan.

1*8.
66,070
543,878
894,811
217,089

Fad.

Hud.

Eric.
2,S00

A

Latoit eamlngi rc| orted.'

week of Jan.
Month of .Tan,..
Month of Jan...

Michigan Central...

Mo. Konaas

—

..4th

Paelflc

:

Del.

Del. L.

137

Doc

3.
10.
17.

Dec.
Dec. 81.
Dec. 81.
1878.
7..
14.
81.
28.
Feb. 4..

Jan.
Jan.
Jan.
Jan.

59,94.3..W6

69,6(9.088
60,150 819
69,096,735
59.413,888
68,670,494
58,46S,80«
68,566.980

M,409,567
ra,58^<61
59.787,838
59,127,790
68,733,480

1,291,076

18,14.3,712

48.047,!i66

13.274,543
13,877,990
18,629,674

47,636,097
47,901.443

13,1137,169

4!(.267.7*5

1,3.35

601
1,318. 3o6

13,883,237

1,319,869
1,814,885
1,617,841

13,187,539
18.938,328
18,385,881

47,818,9 7
47,853,2i7
47,633.339
46,746,387
46,402,873
4«,168,618

1,7(19,588

1.1,3(11.352

47.847,944

1,890.171
8,014,689

13.2(0.855
12,941,827

47.1'r7.0«l

13.498. (t20

8,076.11(8

12.9.30.413

8,U9,843

13,319,430

47,014,740
46,418,848
46,312,816

10,fl67,V78

An. Clear.
S2.86«,411

40,60^8^6
37,8t9,S14
88,684,466
S3.937,47*
36.944,86*
Sl,«17.<48
84,<'4l,0n
8S,Rr4,<nO
88,274,588

10,616.728
10,713,561
10,702,403
io.;ri,7i«
10,77*,I96
10,848,816

85,ISt.8tr

OB

t8,4M,IM

10,981,898
10.K10 63S

86, 680, ore

10,880,

S7,S40.7M
88,«»I,8M

S7,S1>346

10,97^6S4

38,S»,SB8

10,990,448
10,996,861

W,50r,tlO

88,47M6t

THE CHRONICLlL

188

—

New

York CUy Banlcs. The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Feb. 3, 1878:
ATEIUQE AMOUNT OP
CirculaLegal
Net
Loans and

[Vol. XXVI.

BOSTO.X, PHIIiADELPHIA, Etc.-Contlnaed.
SKCUBITIES.

Bid. Ask.

SECTJKITIES.

.

Banks

Specie. Tenaers.

Discounts.

Capital.

S

NewYork

6,:W9,.'i00

7,562.000
6,477,900
4,2i;8,700

300.0.10
Chemical
Merchants' Exch. 1,000.000

8,Ht0.500
2,:«5,000
4,973,500
3,291.600
1,504.300
9,887,800
3,131,900

0,000

S,i.!5,400

500,000
600,000
Greenwich
2 0.000
Leather Manuftrs.
600,000
300,000
Seventh Ward ....
State of N.York.
800,000
American Exch'e. 5,000,000
Commorce
5,000,000
Broadway
1,000,000
1,100,000
Mercantile
422.700
Pacific

1,398,000
1,518,000
736,600
2,454,200

&

Mechanics'

1,5'

Tr.

Repuhlic

1500,000

Chatham

450,000
419,600

People's

North America...
Hanover
Irving
Citizens'..

Nassau
Market*

l,0;0,OflO
1,OIX),000

Nicholas

Shoeand

l,OiX),000

500,000
3.000,000
600,000
1.000.000

Met.ipolitan

St.

1,000,000

Leather. 1,000,0(X)

Com Exchange...
Continental
Oriental

Marine
Importers'&Trad.
Park
Mech. Bkg. Ass'n.

1,000.000
!,250,COO
300,00)
400.000
I,r00,0(i0

North Itiver
EastH'ver

2,000.000
500,000
300,000
40',000
350,000

& Mcr.
Fourth National,.

1(10,0)0
3,750.1,00

Grocers'

Mauuf'rs'

Central National.. 2,000,000
Second National.
300.000
Ninth Natiouul,,. 1,500,000
First National ....
500,0.XI
Third National ... 1 ,00 ),00il
800.000
N. Y. Nat. Exch
Bowery National
2.50,003
.

.

.
.

New York County
Qermau American
Total

No

200,0
1,000,000

Deposits,

tion.

£

»

S

39,0CO
8,121,600
7,500
B,)9i,000
121,800
7,121.100
174,600
5,045.700
135,00)
4,467,700
1,100
7,118,300
2,604,000
259,300
4.3.6,500
781,600
1,986,400
1,326.900
11,039,600
625,900
2,499,400
45.000
1,999,800
256,000
1,015,000
1j8,000
939,000
l!i5,400
2,700
770, too
233,200
323,100
2,248,100
879,300
86,t00
140.200
45,000
200.800
1.465,400
2)5,000
1,195,000
9,228,100
6,031,100 2,096,700
1,0:3.600
898.700
3,453,700
288,800
3,167,400
141,000
560,700
635,'0'J
2,177,800
1,75=,300
450,000
337,500
896,300
377,400
3,313,400
1.036,200
143,100
5,400
1.694,100
705,8
417,2(0
495,100
3,999,600
1,943,300
71,400
337,900
1,162,000
9,774.000 2,250,0;X)
435,500
182,800
1,791,800
3.iK)0
302.200
1.954,703
1,7J5,000
807,oO(.
3:9,000
82i,roo
495,2(0
220,700
404,000
363,40.1
2,871,000
369,000
4,700
2 0:4.500
321,000
779,40C.
1,412,700
195.000
1,009.800
871.500
308,300
1,951,800
3,2,';6,400 17,160.300 1,103,800
2,175.900 15,172,6i)0
540,(100
98,000
533,000
306,000
108,100
433,700
131,000
618,000
170,500
59\000
95,700
101,000
491,.500
1,932.300 11,463,700 1,041,600
1,131,000
5,738,('0O 1,416,IK)0
',160,000
270,000
662,000
S,959,li00
75,001
615,400
4.'.0,000
798,900
8,065,100
5,9fv0,900
8-52.500
738,(00
134,600
759,600
288,100
231,000
f26,500
22.!,700
.306,900
1,104,300
180,000
2u3,700
2,013,800

484.700
9:)8,7(fl
98,300
436,100
1,457,500
11,541,000 2,231,n00
13,359,600 1.294,0.0
4,561,000
990,000
3,412,.500
296,100
2,075,i-00
51,100
3,095,1-00
296,600
,S.4. 9.900
374,300
l.^S.^OO
7,»00
Uo.-iOO
1,797,800
4,5!9.700
507,3.0
1,98),0,.0
123,900
14,0S6,00O l,236,0O,)
62,700
1,687,500
2.078,^300
62,900
2,6a.7«0
147,300
1.973,000
60,100
8,5'i6,500
815,000
2,9?3.60O
436,700
2,64u,e0O
43,900
1,21%400
80.200
1.898.200
269,200
15,'.'13,700 1,209,800
12.491,300 1,4'4,100
682,200
31,600
6;8,!00
4,400
f68,600
14,300
720,000
7,100
480,900
56.800
13,672,,^00 1,111,700
',101,000
277,000
2.005,000
3,399,000
125,700
7,503,300 1,277,100
6,127,6)0
671,000
1.014.900
104,800
1,079,200
2,300
1,016,800
2,80i,8OO
332,766
'

S7.43lj.200 -241.275,500 31,230,(X)0 37,362,200 210,301,700 19,761,3)0

same as last weak.
The deviations from rettirna of previous week are as follows
Inc. $2,571,200 Net Deposits
Loans
Inc.. f3,i:0,,500
*

report

;

:

|

Inc.
Inc.

Specie
Legal Tenders

The following
18.

24,3,891,800
211,89:1,603

Aa?.2i.
Sept. 1..
Sept. 8..
Sept. 15.
Sept. 23.
Sept. 29.
Oct. 6...
Oct. 13..
Oct. 20..
Oct. 27 .
Nov. 3 .

241,773,70)
813,9-W,800

Nov.
Nov.
Nov.

Jm.

26.

Feb.

2,.

52,696,010
50,789,000

19,'i6l,60D

45,8

1.3,900

44,045,'JOO

233,183,800
836.387,400

16,515,900
17,3-J8,403

42,454,400
41,975,i00
41,402,000
40,3' 6,830
3S,9 49,300
39,^«5,100

8-W,21>>.B03

15,935,900

39,581,90'3

2:r).'6-l,.300

18,7i4,.'J00

S3i,803,:i00

13,451,800

33,503,400
39,332,900

235,339,8)0
a33,429.S00
2)3,578,23)
237,5 14,0(X3
239.764,20;

19,7'.7,8X)
18,324,0.33

39,919.-:0D
4),579,8')0

18.9:i,->,030

58,478,703
37,562,903

17,OIO,.300

19,566,800
i9,«74,S0D
22,122,400

25,207,500
27,091,800

230,936,303
2)6.951,200
233,404,300
241,8:5,50)

POTATIOMS

m

28,477,.t00

33,193,630
31,230,003

813.414,600
218,iP26,M0
209,453,700
210,574,100
808,58-J,4)0
806,7-24,100

200,711,200
197,853,400
197,171,610
19,7,501,50)

15,99,1,200
l'i,031,000

193.896,100
194,842,500
197,711,800

18,67rl,700

31,612,000
81,304,000
37,189,300
37,231,233

231,9S1,,500
2O3,9r-2,3O0
207,171, -JOO

19,787,100
19,881.603
19,841,803
19.79j,;03

37,33-2,-200

210,301,703

19,781, .300

3 1,067,510
35,300,503

10,293,90!
19,657,800

203,666,001

SECUBrTIKS,

& Topeka

Atchl-on

Its.

Boston

&,

IJoston

& Maine

do
Neb.8s,lS8)
Eastern, Mass,, 3HS, new. ..
Hartford & Eric 7a, new
Ogdcnsburg & Lake Ch. Ss.
Old Colony & Newport 7e
Rutland gj.lst mort.
Verm't C. Ist m., cons. 7a,

Conn. &Passump8lc

437,:)S7,453
458.0-25,6:i3

858,003.167
401,930,936
417,104,418

Mass. UK,. 63

....

do
do
do
HO

N.

426,935,798
4:2,404,C46
324,336,660
412,789,867
403,312.618
408,472.674
878,019,773
340,214,147

&

ill

cp., 1913.

es.gnld, reg

&c^

Cimden H

Little SchuylKlll
Jilnehlll

i'enn,'*ylvaala

8(^

OH
IIHJ^

Inc. 7s, end., 'W.

&

do
do

'5

do
do
do
do
do
do
do
do
do
do
do
do

4JM
iVsK

da

ild

Little

47«

TortsmovK-h

MaRSHchusetts... 111
worvA'Mfir & NHf-hna

'84

In default of Interest.

t

*
t

100
101

07
40
U5
72
106

9S
94
90

100

100

90

86
76
5S

88
83

OS
95

8U
61

95
97
15

98
35
90
90

102H 105
99»t

8VH

6s
t
Bpeu'l tax63 0f '89.t
M.&l.lst ni. (laM) 7»,'8l1

B8>,

»8H

2diu., 7s
80
ist m.,7s, 19C6,,.,t 103

m.

U9M

mi
"m
104

7s, '97

Loulsv. & Nashville—
Leh, Br. Os, '86

t

1st in. Leb. Br. Ex.,7s,'80-i6.t
6s, ',(3.,.
do
Lou. In.
Consol. 1st in. 78, 'to

Jefferson Mad.
Louisville
LouIjiVllle

&

80
BO
98>!
103

Ind,

Nashvlle
Water 63, Co.

.4

1907

•)

48
da

ST. liOtJIS.
St.

Louis

do
do
da

6s,

lopg

water
do

.

6s,

gold

do

-f

do
do
t

do
do

And Interest,

43'

I03«

lOB

107

bridge ai^pr., e.63 ti lOSMi
renewal, gold, 6s,-t lO.'.k
aewcf, g. 63, '9 -2-3.t 105>4
St. Louis Co. new park, g.63.t
cur. 7s
do
t
St. L.& San F. Rlt. bds, sor's A 50

6dk

100
100
118^
lOS.'-si

103

new.f 105«

P.O

,.

&

*

water
water
wharf

Loulsv. C.4 Lex. Isi

&ErIe

42 U

103

89
100
106
118

* lOSH 103H
expa^t-due c up )ns
ir2K LouIs,&Fr'k,,Loul8V.In,63,'8 100 lOOJs

Louis

Unions

30
08
70

yea
«ji

'9;

78, 1900
Shamnklu V,* Pott3v.78, 1901
Stiuibcnv.
Ind. 1st, 68. 1881.
Stony Creek Ist m. 7s, !937
Ist m.78. '97,
Sunbury
TUusv. ist m. 7b, "HO.

p,c. Bt'k.guar

Miami Btock

do
do

lOS)^
08,

i^

U4
10
97

63, 'tO

8.

,sa

07
100
107
90

i'2

d->

do 8crlp,i:*2
do in,7s, reg. &cp.,'92-S
St.

Miami

100
108
112

lOlM 102Ji

6s,'87 to '89 t
stock 6s,'97.t

scrip, 1832

&

.

Laf. Ist m.78.,
(l.&C.) Ist m. 7s,

do
do
do
Jeff.

Is, cp.,t9i!.
78, rg..l9:i,
f8.m.63,g.l.l9il...

Phlla.'VVIlm.,v Bait. 6s,

.

103
108

liOirisviiiiiE

92k

conv.7s,rg.&cp.lS93

puts. Cln.

+

Louisville 78
6s,'8ato'87
do
6s,'97to'9J
do

Phlla.* Read. C.& I. deb.78,t2
do deb. 7b. coup, off
si'

9S
10!

.

&

do
Little

cons. m.
cons. ni.

coup, off,

92
100>«

M.&N

& Dayton stock
Columbus & Xenia stock.,
Dayton & Michigan stock.

'48.49,

101«
90
PjO
106

'92,

Cln. Haul.

103

lU5>i

83,8(1.

do

scrip, 18i2.
In. m.78, cp,i836

7s,

2d,

.

Ind. Cln.

2d m, ,7s, r p. .'93 112
deben., ep., '93*
do
cp. off..

CO

lOi

—

1

do
2d m.7B, cp.,'8S OS
Phlla.& Read. I8tm.6s, '43- '44. IU2),

100

preferred.....

&

ioV

'96 1!0«.

Phlla. aiEric lstm.6s, cp,,'8i

101«

do
78
t
T30B
do
t
do
South. KR. 7^30s,t
do 63. gold t
do
Hamilton Co., O., 68, long., .t
7s, 1 to 5 yr3..t
00
7&7^30s, long.t
do
Cln.& Cov. Bridge st'lc, pref.
Cln. Ham. & D. 1st m, 7s, '80
2dm, 7s, 'o5.
do
Cln. Ham. & Ind,, 78, guar
Cln. & Indiana 1st m. 7s
do
2d m.7s, '17,..
Colum. & Xenla, 1st m. 7s, '90
Dayton & Mich, lit m. 7s, '81,
do
2d m.78, '34.
3d m. 78, 'di.
do
Dayton & West. l3t m„ '8
.t
Ist in., 1905
do
1st m.t^s, 1905
do

scrip

cous.m. 6s rg,, 1905
do
cous. m. 63. cp., 1905.
do
Navy vard 63, reg..
do
Perklomeu Ist m,8scoup.,'d7

OW

05

1898.

Bid, Ask.

16>4
'.ii

CIPfCINNATI.

95

North. Peuu. Ist m. 63, cp,,'85.
2dm.7B,cp., "96,
do
do gen. m, 7s, cp., li:03
do gen, in. 78, reg., 190:
Oil Creek ifit m.7B, coup. ,'81,
rlttso. TIIusv. &B.,7s, cp.,'96

do

11314

,

Cincinnati 68

m.

Pa.&N.T.O.& Bn.73,

111
111

MISCELLANK0U8.

63,' p. ,19.3
73,',-2
1st

Little Schuylkill,

A.&O.

Oaltlmore Gas certlllcates.

6s, reg.,lS9i...
7s, reg,, 1910,..

do

ill
111
118
113

People's Gas

con. m.,63,rg.,1923

do

io8;«

105H

F. & A .., 76
82«
SU. 38
J.&J
im
JnlonRR. Ist.-gna •„ J. & J,.
do
Cancn endorsed.

& cm. 78,

Mar.

3:

'95.

CTTTEI.

uaiiiiiid.c'^'nrnon

Vermont

gold,

Lelilgh Valley, 63, coup..

do
do
do

55

50

6s, 18S0, J.&,I,...

6s,18S5,

&

3d m.cons. 7s, '9j» 25
do
Ithaca& Athens Ist g d. Is. ,'90 100
Junction l3t mort. 6'. '82
2d mort. 63, 19J0 ...
do
I.. Sup. & Miss., Ist m., 7-', g."

tfc

!

78,

70
05
66
42
33

,

.

&

.

i29X
..,•

Br., 1st, 7s. 1905

Ist in., 58, perp.
1st inort. 6j, Si...
T. 1st m. 7s, g-jld, '90,

do

90

50
do 2d m.,pref
do 2dm.,gr. by W.Co.J&J
do 6s, 3d m,. guar., J.&J, idij

1st, in,,

m,

88«

5J5

63, 1900. A.&O,
63, gId,19C'J, .l.&J.
6s, 1st in.,'90,M.iS S.
W. Md. 6s. Ist m., Kr..'90,J.& J.
J...
do 1st in., i890, J.
do 2d m., guar., J, J

C

2d

to

do
do

31m.
Camden ftAmboy

B.

91

Cen. Ohio

6s, con. 103
do
2a m.63. -S... 10^2M
63, '17..
do
«2s
63,coup, '33 10;
63, coup., '69 108^
do
mort. 6y, '89
do
1(J9
All. Ist ui. 7s, g.,1933
Cam.
21in., 7b. cur., '30 08
do
Burlington J. 6b,'97. 102
Catawlssa Isc, 78, con v., '.^2. .
chat, m., 103, '88 ..
do

&

& Ohio
do

.

H.

£8

N. W. Vs. 3d m..guar„'S5,J*J
PIttsb.& ConneIlsv.7s,'93,.J&.I
Sorthern Central 6s, '85, JiJ

Busqttehnnna
BAII.ROAD BONDS.
Allegheny Val., 73-103. 1391... 107
78, E.eit.,1910 mt
do

& Bound

90
88
75

Central Ohio, pf J
50
Pittsburg & Cour.ell3vllle..50
RAILHEAD B,»NDS.
Halt.

Jersey...'

C.^NAL STOCKS.
Chesapeake & Delaware
Delaware Division
Letilgh Navigation
Morris
do pref
Pennsylvania
,.
Schuylkill Navigation
pref...
do

Del.

lOlM

do
'Wash. Branch. 100
Parkersb'g Br. .50
do
Northern Central
50
5(i
Western Marylanl

lig

Philadelphia & Trenton
Phtla.WU.nlng, & Baltimore.
PlttBburir Tltusv. & Bull
United N. J. Comprmles
West Chester cotisol. pref

&

108>^

RAILROAD STOCKS. Par.
.10(1
Balt.&OUlo
86

Phila ielplila& Erie

Cam.

105

i885.

.

Nesquehonlng Vdlley
Norristowu
Northern Paclflo, pref
North Pennsylvania

do

'86..

B.4I,TIMOHE.

Mt. Joy & Lancaster.
UUDtlugdondE Broad Top...
uo pref.
do
Lehigh Valley

Belvldere Dela.

Dela, 63, reg.,

Delaware Division 6s, cp.,'78.
Lcblgb Navigation 68, reg,, '84
do
ER., rg.,'9;
do
deb.,rg., 77
do
conv.,rg. '82
00
conv., g,, rg.,'9I
do
gold, '»7
do cons. ni. 78, rg., 1911

Maryland 6s, d'^fen.se, J.& J..
do
68, exempt, 1887 ...
do
6', 1890, quarterly.,
do
as, quarterly
Baltimore 63. iS31, quarterly.
do 68, ;8S6, J.&J
do 63, 189-', quarterly...
do 6b, park, 1890, 14.— M.
do 68, 169S,M.*S
do 63,exempt,'J&,M.&S
do
19C0,J.&J
do
130J, J.& J
Norfolk water, 8s

liar. P.

West

85

do
63, Imp., '80
do
6s, boat& car, 19:3
do
78, boat & car. 19.5
Susquehanna 63, coup.. :9.8 ."

Atlantic

* Read

7«
115

102
09

Pennsylvania 6s, coup., :9;0..
Schuylkill Nav. ist m. 68, '97.
do
2d m. 63. 1'JO
do
m.63, 'd5,
do
do ep off
do
Bor'.p. 1882..

pref
do
do
CalawlBsa
pref
do
new pref
do
Delaware & Bound Brook
East Pennsvlvaula
£lmlra,& ^Vllllamsport
pref..
do
do

Pulliide:plila

&

Chesan.

Morris, boat, loan, reg..

exempt, rg. & coup
do
Camden County (is, coup
Camden City C3, coupon ....
7s, reg. & coup
do
Delaware 68, coupon
H»rrlsburg City 63, coupon ., lOOM
RAILltOAD STOCKS.

Pennsylvania, Ist m., cp.,'8u.
gen. m. 68, cp.. 1910
do
gen. m, 68, ig,,1910.
do

& Lawrence

Portland Saco

'86

reg.

5s,

70K

114

.

73, w'L'r ln,rg.
73, itr.lmp..reff.,'S3-36'
Jersey 6s. reg. and coup. .

369.512,9:14
488,94>,2-29

Norwich Worcester
iao-H
103W Ogdensb. & L. Clmmplaln ... 82!« 32*ti
do
55!^
do
pref.. 108M loaw
u% Old Colony
94
do

Vermont & Canada, new

Alleglieny (Jounty 53, coup..
Allegheny City 7s, ran
PItl3Durg 43, coup,, 1913

i)\>H

Nashua & Lowell
New York & New England..
Northern of New Hampshire

IKlSi

.

iW

old, reg.,

ICi

1

6B,n,, rg,,priur to'95 l\2i4 114
63, n,,rg., 895* over 112^4 114

do

Eastern (New Hampshire)...

iio«
i*io

65,

do

do
Harrlsburg

57M
S5

Connectletit River

.

'ai
Ss

do

Concord

Manchester
..

PhUttdelphla, 63 reg.

108
East Phuu. Ist mort. 7s, '88
E1.& 'SV'msport, Itt m., 78, 'SO. 103

119
75

Loweti

& L'rovUence
Burlington & Mo. In Neb
Cheshire preferred
Ciu. Sandusky & Clev

lobw

73.
lvcb.88, 1^91

104
iia
104

419,386.183
43i,8 18,637
435,18;,249
473,16>,840

ii3>5

Mo., land erant

UIM

379,2:35,693
406,032, -^78

Boston

lOllC 103

now

101

new 78, 190O
do
Connecting 63, l«)0-;904
Dan. H. & Wilks., Ist., 7s, '37".
Delaware mort., 63, various..

9

BoBton& Albany

Inc.

do
do
do
do
do

53, g'd, iut.,reg. or cp,
5s, cur.,re^
53, new, reg,, 1332-1903
6s, 10-15, reg., Kl'i-'H.
Cs, 15-25, reg,, 183J-'92,
63, In. PlJne, reg.,1379

344,75 -,974
420,915,000
400,793,923
897,870.3^5

STOCKS.
....

do
lanr]
Boston « Albany 78
do
68
Boston & Lowell78
Boston & Maine 78

Vermont*

16,.'j96,100

15,724,400

13.^2n8,.300

Massachusetts 5s, gold
Boston 63, currency
do 5s, gold
Chicago sewerage 78
do
Municipal 7s
Portland fis
Alch. 4 Tcpekalstm.'s
'«o«
do
land grant 7s
do
2d 78

do

15,515,500
15,383.300
15,583,403
15,577,100

r>6,9l2310

1 1,%557,300

Bid. Ask.

6b

&

1.5,515,900

196,501,500
193,234,900
1SH,961,500

"Vermontiis

Burl.

pa?it:

16,230,300
16,726,003
17,153,800
17,720,200
17,811,900
18.103,500
18,110,300

19 l,848,7iX)
19!.364,900

BOSTON.
Maine

weeks

Deposits. CirculatioQ. Agg. Clear.

BilSTON, PIIILAUHLPIIIA AiNU OfllER

SlOnBITIRB.

3a,800

S

48,1,W,6'X)

19,913,000
19,274,700
16,652,300
16.531,700

239,2.56,(00

.Tan. 19.

L. Tenders.

13,449,:03
11,230,000
16,0)0.100

2;39,173,930

Jan. 12.

Dec.

Penna.

United Kf. J. cons. m. 6s, '94,.
Warren & F. 1st m. 7s, '9i
West Chester cons. 7s, '91, ...
West .lersey 63, deb., coup. ,'83
1C3
do
Ist m, 69, cp., '96.
do
Ist m. 73, '9!
lllM
Western Pcnn. KK. 6s, :893..
105
do
6s P, B„'96,
113
Wllm. & Read. St m. 73, 1900"
do
2dm.. 1902'...
CANAL BONDS.
108

*

S

3-38.470,903
2 iS, 8.'9,601

1878.
Jan. 5..

Circulation

t

243,97«.401
241,317,80)

Dec.
Dec. 8..
Dec. 15,
Dec. 22.
Dec. 29.

|

Specie.

213,795,'i00

10.
17.
24.
I.,

|

131,000

are the to;al8 for a series of

Loans,
S

Aug

1,1136,40:)

PHIIiADELPHIA.
STATK AND CITY BONBS.

963,000
2,580,300
945,500
837,800
1,540,300 1,80«,900
650,000
T05.100
1,436,700
577,000
2,016,500 1,011,100
536,000
618,000
1,519.800 1,462,000
350.600
169,500
274,600
496,800
l,.'j53,800 2,810,000
,351,000
444,800
559,800
2'M,100
110,000
118,000
21,(00
230,400

8,040,000

5,000,000
'Manhattan Co... 2,050,OJO
3,000,000
Merchants'
2,000.000
Mechanics'
1,200,000
Union
8,000,000
America
-. 1,000,000
Phoenix
1,000,000
City
Tradesmen's .... 1,000,000
600,000
Fulton

Gallatin National
Butchers'ifc Drov.

£

do B 88X
do C

Fkbrdakt

9,

THE

(JHKONIOIJ^.
QUOTATIONS OK STOCKS AND BONDS IN

1878.J

U. 8. active Bond* and Railroad Stocks
Bid. A«k.

UOVBITU*.

M.&K. KR..
Ala. A Cb. U

S«of

8)
«t

...

Mr^mphts & L.R.
L. K.V. B.AN.O
Mlaa. O. A K. U

4

Cent. KK...

4
108

la.
Is,
la, Arlc.

Coonectlcut 4t
eoorfia tt

do
do
do

7s,
7a,

do
do
do

4

lu

do
do

N\arloiul
do
Kentackyta

100

new

do
do
do
do
do
do
do
do
do

4a,
Sa, floating debt
78, Fenlteutlar}68, levee
Sa, do
....
tis,
8s, o( 1910
7a, consolidated

100
SO
SU

16
ISO

60
60
SO

doins

i8,small

HlCblgan
do
do

do
do
d}
do
do

§i* (OX

do
do

Iowa Midland,
I00«

Peninsula

1386 lOiii

108

do

gam, reg... .1887
do coup.. leST.

..

J.ft J....

July
AprtlftOct
ft

Funding

act, 1864

LandC.,1339, J. ft J....
Land C, 1839, A. ft O...

7aof 1888
Kon.fundable bonds
Tennessee 6s, old
Virginia
6a,
6s,

..

new

do
do

68,
6s. new series.
6s, old

new bonds,
do

1S8«
1867..

..

6s,con801. bonds
68, ex matured coup. ..
68, consol., 2d series
6s, deferred bonds
District of Columbia S.65B.

do
do

do
do
7e, conr.
Idonisft Eesex. ist. m
do
2d mort
bonds,
do
1900....

ll.-.j,

'^
70
70

amall
registered

33
30
SO
40

40
30
8
38
38
S»
30

41

78H

RAILROADS.

(Brokers^ QHOtationa.}

95
110
115
105

Lake ShoreMich S. & N. Ind.,
Cleve.

li

Ul

do
do
do

113

HI

do

SO

59
21J»

new bds
new bonds..

& Erie,
& State Line 78
Kalamazoo & W. Pigeon, Ist
Det. Mon. & ToL-Ut 78, 1906. '.om.
no
Lake Shore Dlv. bonds
do
do
do
do

Cons.
Cona.
Cons,
Cons.

coup., lat
reg., Ut.
coup., 2d.
reg..2d...,

109

lo»H

& East. 111. 1st mort., 68.
do
.'id m. Inc. 78.
& Mien. L. Sh. Ist
'89.

CITIES,

&

Pittsburgh

W7
80

1st 7s

do
con, m.f 78..
do
7s, equip
Evansvllle&Crawfordsv., IS.. 100
KvansvllleHcn. * Naahv. 7s..., 40
EvansvUle, T. H. & Chic. 7a. g.l"60
Kllnt & Pore .M. 8s, Land grant. I'SO
105H':i'7
6s, 18S7
do
tO
do
68, real estate..
103H,,104>i Fort W., Jackson & Sag. Ss,
Urand K.& Ind. :at is, l.g., gu.l 9*
6s, subscription. lt'3)i ..
do
do lstis,l.g.,notgj. SX
do & Hudson, Ist m., coup 118 118«
do
Istot I. g.'s. 40
' do
do
Ut m.. reg..
Grand River Valley Ss, ist m-. tS5
Hudson R. 7s, 2d m., s.f., 1886 111
lie laoii Houston & Gt. North. 1st is. g.t
Harlem, Ut mort. 78, coup.
Hous. * Texas C. lat 7s, gold.
do
do
7s, reg .... I'm 120
f2>i
do
losrej
consol. bda., 60
North Missouri, 1st mort
.,_ Indlanapoll & St. Loula l»t7s' ...
lOhlo &, Miss., consol. sink. fd.
do
consolidated. .
97ji' Indlanap. tk VIncen. Ist 78, gr..l 69

m

.

.

Kew JeraeySoulhern
Kew York Elevatca liu..
H. Y. New Haven & Hart.

.

Ml«"l8s'ppl, pref
V,-. ft Ch., guar.,
do
special.

ft Saratoga
Itome Warertown ft Og.
Loula AltonftT. H...
do
do
pref.

do

iH

FltU. Ft.

Rentaelaer

90«

Vta

M

S9<

.

Warren

niscel'oim Stock*.
-.Tel

Cent. N.J. Land ft Im. Co
American Coal
Qonsolldat'n Coal of Md
ttumberland Coal ft Iron
Maryland Coal
Paonaylvanla Coal
Spring Mountain Coal..

Mariposa L. ft M. Co
do
do
-,
pref.
Ontario Silver Ml ning.

m

86H

do 7s, g., I'd gr.,J4.I,"80
do 7s, g., do M*8,'8(
do 68,gold, J.4D., liM
10»X
do 6s, do F.& A., :89S.
do is. Leaven, br., '96.
Faclflc R. of Mo., 1st mort.
90!
do Incomes, No. U...
do
2dmort
»7«
do
do
do
Income, 7s.
Mo. 1«.„.
do
Stock
do
UtCaron'iB 2i*
Keokok * Des Molnos lat 7s.
Penn. RRdo
funded Int. Ss
Pltts. Ft. W. A Chic, Utra. 1)8
Lake Sap. 4 Miss, ist la, gold.
do
do
2dm.. 11
Le»v. Law. * Gal. Ut m., lOs.
do
do
Sdm.. lOJ
Cleve. ft Pitts., uoDflol., g.f
iio't^ Long Uland RR., 1st mort.
LoulsT. * Nashv. cons. m. 7s.
do
106
4ih mort
105
do
Col. Chic, dt Ind. C, Ut mort 32
2dm.. 7s, g..
3314
Michigan Air Line Sa, 1890... .«
do
do
2d mort
lOI^I

m

i

.

.

8^\ 10
35

Watert'n & Og.,cott. Ut
St. L. & Iron Mouiitaln, Ut m.
do
do
2d m..

Rome

St. L.

Alton

&

AltOQ&T.
31X

_

do
do

13\,

i4

do
do
do
do
Tol. ft

U.,

A

H.—
Utmort

..

..

2d mort., pref..
2d mort. Inc'me

ut m. 88
Warsaw, E. D...
do
W. D., §s«
do Bur. DIt.
do 2d mort..
do consol. 7s
Wabash, l^t m. extend.

BelleTllle
Tol. Peoria

30

T.

&

8. UI.K.

oaa

Montclalr & O. L.:st
do Sdm.'ts

Mo. K.a Tex. 1st

fa

7s. «.,

1904-M6

do
3d m. Income...
R, J. Midland 1st 7s, gold
do
2d 7b
^.T.EIevated RR.,utm
N. Y. 4 Usw. Mid. '.St
do
2d 7s, 1893..
do recclv'8 ctfs.(labor)
do
do
(other)

Charleston stock 68
Charleston. S. C, is, F. L. bds.

Columbia, S. C, 6s
Columbus, Ga., is, bonds
Lynchburg 6s
.Vfacon bonds, 7a

Memphis bonds C
do
do

.'

A& B
4 RR

bonda

end., M.
C.
MoblleSs (coups, on)
do 88 (conns, on)

new
68,
68,

do

New

vnd aoemed Iota 'est.
PrlM nominal.

"

3a

old

new

'

Orleans prcm.Ss

do
do
do
Norfolk

'

consol. 68..
rallrosd, Cs..

80
75
36
40
37

57

wharf linp'ts, 7.30
to
98
102
100

68

Peleraburg6«

do

8s
6s

Richmond

;

Savsnnah is, old
do
7s, new
WUm'ton, N.C., 63, gold > conp
do
Sa,goldi on.

38
38

95
iiw
108

45
45
75
85

57
14
71

do
do

Carolina Central 1st m. 6s, g .
Central Georgia consol. m. 7s.
do
stock
,

J^
S'J

Georgia RR. 7s

'es

Greenville

9«
48
1C4
OS
99
38

78

8S
97
84
50
90
Oil

?S«
70
72

ma

61
73
13

¥
104

(5

89

4

98
43
7
41

42K
10

18

V9
9
80
9

2S
S
90

do

4

ICO

Block
Col. 78, 1st mort.

do
78. guar.
Augusta boada

.

Macon 4
do
2d endorsed.
do
stock
Memphis 4 Charleston lat 7s. 90
do

74
6
30
90
do
2d m. OS .
86
Mont. 4 Enfanla lat 8«, g., end 28
Mobile 4 Ohio sterling 8s. ... 40
do
do ex cert. 6a 40
do
88, Interest
88
2d 7s...

do
stock.
Little Rock 1st m.
Mississippi Central ut
is

Memphis 4

do
N. Orleans

4

m

2dmort.8«
Jacka.

Certificate, 2d

.SaahvUle Chat.

ut

mortg.

4

m

. 8a.
8s...

StH,. Js....

NaBhTilIe4 Decatur, 1st 7s....
Norfolk 4 Petersburg 1st m.Ss
do
do is
do
2d m. 8s
EYortheastem, S. C, Ut m. 8a..
do
2d m. 88..
Orange 4 Alexandria, lata, 6a.

do
do
do

2d8,ia..
Sda.Sa...
4Uis,88..

4 Petersb'g Ist m.
Rich. Fre'ksb'g & Poto. 6i

Rlchm'd

78.

1(»

96
91
94
94
88
80

85
90

74«
48
IS
104

M

«»

"a
83
oa

90
ss
46
45
SS
10
10«
100

9Z
90
95'

90
104

«5

s«
XS

98
do
do mort. is 100 104
Danv. Ist consol. 6s...
Southwest KR.. Ga ,conv.is,'80 Si« iw
8S
S. Carolina liR. lat lu. U
80
87
78,1901..
do
SS
7s,nonmort..
do
Rich.

4

stock
do
Savannah 4 Char. Ist U.

Charleston

7a.

4 Saran'h 6a, end

Weat Alabama 2d m. w, guar
Istm. 8a
do

FAST DOE OOUFOHS.

?»' Tennessee State coupons. ....

84
24

7«.

103

103

om
40

M.

do
do
stock...
100
& Darlington 8s
\
8'
F.aatTenu. & aeorgla 6s
Kast Tcnn. 4 V«. 6s end. Term 85
E. Tenn. Va. 4 Ga. 1st m.7s... 97
do
40
do
stock

SO
71

ioV
90

'^

23
90

15

1st

40
lOl

43
67

Cheraw

79
20
2S
9S

63

& A.

(Siarlotte Col.

20

94
28
13

e?*

end. Savan'h.
stock
do gnar...

Sooth Carolina consol
Virginia coopona.
ooiuol. conp
do
Mf^raohls City (;oapoBi

t
•

...

do
68, funded
Montgomery, new .is
do
„
NaahvIUe

do^

m

104«

90
95
68

RAILROADS.

International iTexas) Ist g....l ....
Int. H. &0. N. conv. 8s...".
26
20
Iowa Falls & Sioux C. 1st 78. . t80
88
-lackson Lans. A Sag. Ss.lst
92«
Kal. Allegan. * G. K. Bs, gr. .
06
valamazoo & South U. 8s, gr., too
Xansaa City A Cameron iVs... t«8 iiw
Kansas Pac. is, g.,ext. MAN,**!! 48« !0

I

. .

Bnr.C.KftNorthT.IatSs!:
Cbesa. ft Ohio (i, 1st m.
do
ex coup

do San Joaquin branch
do Cal. & Oregon Ut
do St'ite Aid bonds
105
do Land Oraot bonds..
Western Pacific bonds. ...
UQion Paclfi^c, ut mort. b'de
Land grants, 7
do
Slaking fund.
do

52K

.

10

Railroad Bonda.
iStock Kj-chaa-.e Ilicea.)
Boston H. ft trie, 1st m..
do
guar.

do

.

.

Distrlfl lelcKraph...
Canton Co., Baltimore..

2d

I

do
Ut Spring, dlr..
Pacific RailroadsCentral Pacific gold bonds.

St.

Belleville* 8o. Ill.,pref
St. L. I.
ft oouth'^rn..
St. L. K. c. ft North'n.pref
Terre >lau-.e ft liid'polla
CnltedK.J.R.ft CT...

. .

I

I

.

100

8a

waterworks
Augusta, Ga., 7b, bonds

4 Chatt. 1st m. Ss, end
do Kec'ver's Cert'f(var.Nosi
Atlantic* Gulf, consol

20

.

Long iBland
Lonlsvllleft KashTllle....
Missouri Kansas ft Texas.

do
do

Ala.

16

Denver Pac, Ist m.7a, ld.gr..ic. 44
Denver & Rio Urande is, gold. "47
Des Moines & Kt. Dodge Ist 7s. 10
07
98H Detroit li Bay City 88, end... 't 70
Dutchess & Columbia 7a
10
Erie

90

Atlanta.Qa., is

...

Connecticut Western ist7s .,
Dan. Urb. Bl.&P. Istm. 78, g.

90
96
Marietta & Cln. Ut mort
Mich. Cent., cODBot. 7b, 1902.... lOOJi 106J<
Utm.Ss. .882, 8. f. 110
do
equipment bonds.
do
SO
New Jersey Boutbern Ut m. 78
do
do
consol. 7b
:05
N.Y.Ccntral 68,1888
;05Hi

43
101

OS
108

i;i
7s, gold, 1392-1910. J.SJt 110
78,gold. 1904 ,..J.iftJ...t 111« lis
io«
pension, ISM.. J.4Jt

IIU

!-s.
t"0
Chlc. & S'th western is, guar,. 95
CIn. Lafayette* Chic, Istm.. 70
Col. & Hock V. Ist 7s, se years. 101
do
1st 78, 10 years. 100
do
2d 78, 20 years.. 90
Connecticut Valley is
51

& Ash., old bda

Clere. P'vllle

T!

103

Chic

li»

new bonds

do
Buffalo
Buffalo

48

llOU 111)4

70
41

lOs,

102

J

.

41«

^«

. .

Chic.
S.F., 7 p.c.

Tol. sinking fund

de

7m

34

&

STATES.
Georgia 68, I878-'86
South Carolina new consol. 6s.
Texas «s, 1892
M.*St 100

'

78X
34«
7.H

Harlem

I'll

i'onkers Water, dae 1903

70
97
90
4<
87
50
45

...

Alabama new consols. Class A
do
do
Class B
do
do
Class C

110

1

Indlanap. Cln.ft Laf
Jolletft Chicago

Am.

'0^

78. 1st

Southern Sccurltle*.

107

.

74M
78

Krleprcf

AtUnll.:,t

lis

91

avA

100
109

70

"mt

89

88

tlU

88. 18S9-"94

.

4

101

Clere. Col. CIn. ft I
Cleve. ft Pittsburg, guar..
Col. Chic, ft I Cent ...
Dnbnque ft Sioux City.

ft

Tarloua

108
110
112

84
101
+ 106

Toledo-|.30s

n&H

1

100

90
30
"

WlsconslnCent., I8t,7s..

73

Lour Inland City
t 90
Newark City 7s long.
t 107
do
Water is, long.. .1 112J4
Oswcge78
t 103
Ponghkeepsle Water
t'l«»
Kochcster C. Water bd?., 1303t 111

Toledo

74

88

Union 4 Logansport is
Union Pacific, So. branch, 6t,g
West Wisconsin 7s, gold
7.

t
t

55
30
80
77
85

is.

f
t

I885-93

,

.'8

Susquehanna...

Chlcagoft Alton
do
prel

do

114
lO-j

1

30
SO
0?

Borl. C. Kap. & ^orthe^n.
Central Paclilc

Ohio

*

Kewlrk

Si

tilUTW 108
+ 10a'
'
"
t 110

Elizabeth City, 1880-93
68,

lU

flioi

Atchison & Nebraska, S p. c.
....
40
80
Atchison & 1". Peiik, 6s, gold.. 80
do
construction,
-•
Boston & N. y. Air Line, lat m 101
do
78, of 1871...
"«
Knr. C. R. & S., lat ..B,ncw,19U6 03
l8t con. guar.
do
»8>4 Bur. 4 Mo. Klv., land m. 7s... t 10«¥|110
Del. & Hudson Canal, let m.,*84
do
1891
3dS.,do83...t I'O '^'^
do
do
12
08
do
4thS.,doSs...t 109
do
do coup. 78, \604
112
97
do
reg. ?, 1894
5thS.,do38...tlI09
do
do
IOi)>i
do
6thS.,do8s ..t 109 112
Albany & Susq. Ut bonds...
.
„
Cairo & Fulton, Ist 78, gold.
«8J«
do
67
-^d
do
03
California Fac. RR., 7s, gold
do
Sd
91
do
78
do ist cnn», ena^
do
68, 23 m. g. 74
67
Canada Southern, let m. coup. 65
Kens. & Saratoga, Ut coup., 11««
66.-,'
do
do reg
istrezlst^d.
6.J
do
Deb. certs
«4
18« Brie, Ut mort., extended
104
Central Pacific, 78, gold, conv. 100
endorsed
do
11« do
32
Central of Iowa Istm. 78, gold. 30
do 2d mort., 78, 1S79
105X
108
Chesapeake & 0. 2d m., gold 7s
107
do 8d do 78. 1883
^ - ' 101 ioiXi'
do 4th do 78,18^0
104}i Keokuk & St. Paul 8s
Carthage & Bur. 6s
100^ io;w
do 5tb do 76,1888
Dlion Peoria i Han. a
iH do 78, cons., mort., g*d bds.
102>t 103)il
Ul
llu
109« tOUH O. O. i Kor R. Valley
do Long Dock bonds
Oulncy
A Warsaw 8s
no Ul
Buff. N. Y. & K, Ut. m., 1915.. 106X 107^
IlUiiofs Grand Trunk..
110«
87
Han. is St. Jo., 88, conv. mort
122
Chic. Dub. 4 Minn. 88 . a*
Illinois Central—
Peoria & Hannibal R. ..
lOlJ-S'
Dubuque & Slonx CIt7,Ut m.
Chicago & Iowa K. SsSs.
do
2d dlr
do
American Central 6s
Cedar F. & Minn., Ut mort.
83)g
,S t 100« ioi«
Chicago Clinton & Dub. 88
IS
20
Indlanap. Bl. A W., Ut mort..
Chic, as Can. South istm. g. 78. 10
do
do
2d mort...

(Active prerVuslu ^uot*d.)
ft

89

m..

Del. Lack.

Railroad Stocks,
Albany

I07>t'

2d mort.
Ind'8 !8t m. 78, S. F.
consol. m. bonds
& WeBtern, 'M m. ..

&

do

Improvem't

Cleveland 7s, long
Detroit Water
^Vorka 78
Hartford

m

So. Pac. of Cal., 1st • A" 69, g.
Tol. Can. So. dc Det. Ut 7s, g.

I

6H

1

.. ..A.ftO...
do
do coup, off, J. ft J.. 51
do do oS, A. ft o. 61
Funding ar.t, 1866
10«
10
00
9
Kew bonds, J. * J
A. ftO....
do
8
Special tax. Class I
Class 2
8
do
Class 8
8
do
104
Ohio 6s, 1881
106
do 6s,iS86
lUU
Bhode island 6s
to
Bouth Carolina 68

Jan.

St. Petera, ist

-

do

class C.

Pacific ««
South Side, L. 1., 1st m. bonda.
do
sink. fund...

SlouiClty*

105
t

Oti

M. goar '60

do
Sandasky Mans.

do

long
Buffalo Water, long
Chicago 68, long dates
do
78,sewerage
do
7a, water

s«

M
SO

South. Cent, of N. Y. 7s, guar.
Southern Minn. 1st mort. 88..

Y., 68,

river

do

Booth Pacific Rallroad,lBt

CITIES.

78,

a

8t. L. dE So'eastern Ist 7s, gold. 28
St. Louis Vandalla ft T. IT Ut. '90

lilst
{Brokers' QitoUiUotis.)

do

I.

do

iniscellancous
Albany.N.

91

40
OS
SO

Mt. (Ark. Br.) 7s, g.
San F.,
m., class A.
do
class B.
do

Woatern Union Tel., 19(J0.coup
do
do
reg....

Indianapolis 7-30S

Ist iiiort.,coQT...

A

m

Dcc't'r,Ut

ft

bds., 8s, «th series

Rome W'town dk Og.ist m.con.
gt. L.
St. L. is

^^

...

.

N.C.RK

ilOO

I'ekin Llnc'ln

do

I

I

do loan. ..1883
1891
do do
do . \tltt
do
6s,
do do .1893....
Korth Carolina—
6a,old.J.ft J
A.ftU
do
6<
6s,

85

do

U. C. C.

1887.

Cs.Canal Loan, 1878..

:Bt

Milwaukee. Ut mort 106

Winona &

lo^Jioa

ew Tork State—
68,
6s,
6s,

&

Cblc.

ianlio4S!i05

do

mort. Bs...
Chicago Extended,

&

Oaleiia

ISXiorljS 103

1389 or '9 1«6
Aayloni or On., due 189^. 10J«
lOH
Pundlne, due lSM-5...
Ban. ft St. Jos., due I8j6. 103
If

ft

dj
do
do
do

100
102

7a. ISM
Itlsaourl 6«, dae 1878.

do
do
do
do
do

i

Chic,

K4

.,

6s, :g;3-79
6s, 1883

do
id m. 7315, do iao!« oiw
do
lst7s, gd., li.D
do
IBt7s£
do ....
Istra., La C. D.I....
105>»I
do
do
lstm.,I.ftM.D. 05^
"'•'
iBtm., I. ftD.. vaUi ...
do
do
1st m., H. ft D.
1st m., C. ft M..
do
03
consol. sink, fd 08
do
97
do
•Mm.
N. Western sink, f und. lOOJ^I
|10U
..
do
Int. bonds.
consol.bda 107X 1U8
do
do
exfnbds..;10i!>i ....
do
lat iDort...
V3H
do
cp.gld.bds.
do
reg. do

do
do
do
do
do
do
do
do
do
do

cnaoraed. ... 104
7a, gold bonda... 100
llUnola6a, coupon, 1879... 100

Louisiana 64

do

con. con V
•"I
38«
Wilkes B.con.guar
Am. Dock ft Improve, bonda 48»2
Ch. Mil. ft St. P. latm.Sa.P.D. 110 lV7«

ll8

. .

in, 1917, reglat'd iotSJ 107>w
llOH
N. J., fat m.. new
87Vjl
do
Istconsol..

*

Lehlarh

M

I

do
ex coupon ..
do
3d mort.. '93.
do Bx ft Nov.,'n,couD.
Qulncf ft Toledo, Ut m?. '90..
do ex mat. ft Nov.,'n,cou.
Illinois ft Bo. Iowa, Ut mort
do
ex coupon....,
Hau. ft Cent. Missouri, Utm 82^

lOTiii

ASZ.

Bid.
3.1a'..

Omaha dt Southwestern BK. is 104)4|la4W
jOswegoft Itonie7s,gaar .... 91
iPeorIa Pokin * .1. lat mort ... "SO
iPeorlaA Kock I.7s,K0ld
IS
IPort Huron & L. M. 7s, g. end. 18
IS
rnllman Palace Car Co. stock
75

«quU>*t bunds.
do
con. convert...
do Ex. Nov.,';8,& prev'L
Groat Western, Ist m.. I8d8..

68,]9:7,coupon, !07H

p*r may 6«.

SBOVaiTIVS.
(Korth.Poc. Utm.gld. 7

iniil^

•lo

8. F. lac. 6s, 'gs

Central of

4
4
U014

new bonds.

.

.

YORK.

Bid. Ask.

Wabash, ex coupon,
do
Utm.si.L. dlv.
do
ex-matnred coup.
do
M mort
do Exft Nov.,*r7, conp.

I'ol. ft

do
do coDsol. m. 78 'iO»H
do
ilsslnk'grd.A.ftU 91
Chic, Kk.lBl. js Pac.-

iiU

:«. L. li. ft Ft. S.

T3

. .

D

ISaS

8a of I89S
io
ArURii*dfl6etfuaded.

do
do
do
do
do

40
40
40
40

I

U.lSiH
8>,
it,

MOUBtTin.

Ask.

aiOURlTllS.

NEW

Friees represent the per cent value, whatever the

pjge.

Jiilcajo

Sa, :8a.l
Sa, ISM
8>, !88<.

do
do
do
do

a previous

quoted on

1!4
A Alton 1st mort
Income. ... 104«
do
Jollet A Chicago, Ut m
La. A Mo., lat in.. Knar.
looK
Bt.L.Jaclc.^k Clilclat m.
Chtc. Bor. * Q. 8 p. c, 1st m.

State Bond*.
AJaoMila
do
do

fire

139

•ftrtCiHTu.loil

,

4S

THE CHKONICLE.

140

NEW
Bank Stock

YORK. LOCAL SBOLJI-HTIES.
Insnraace Stoclc

I<tat.

List.

(Quotations by K. S. lUrLnv. broker.
S V

DlVlDBf(D8.

SI

Amount

America*
American Kxch

Bowery

& Gro's*^

Brewers'

Broadway

,

I, 000,000 l,239,5i:0

.

Ball's Head*..

Batchers

& Drov..

Chase

Uhatham
Chemical
City

Commercial*...
Oontfneatal
Corn ExcliaUKO

BastBiyer
Bleyenth Ward*

100,000
1,2B0,0CC

l.nooooo
.

Klfth
Fifth Avenue*

Gallatin

Ge*manla*
Greenwich*
Grand Central*....

<Sj

Merchants' Ex
Metropolis*
Metropolitan

Murray

Oct.lO,'77.3H

*

Feb. 1.

ISU.'JOO

1.& J.

Jan

12,100

.M.&S.

.Mch.l,'75..4

,.;4),300

.!.& J.

Jan

SOO.IIO,

.>iov.

50,500 j'.'&'j.

ISl.kOC

J.&

J.

1,500,0(*
1,000,000
100,000
300,000

422.W1
2,000,000
4!2„500
l.OOO.OOC
250.00(>
1,500,00('
1,000,0110

300,000
800,000

.

Becond
Shoe and Leather.

l,O00,0(K-

Sixth

200.000
SOO.OHO

oIN.r

Rome

Kings Co. (B'klyn)
Knickerbocker
Lafayette (B'klyn)

Lamar..

,luly 2,'77...3
Jali.a, '7S.S>«

Jan.7,'78...5
(let. i,'!3. .4

N0V.1U,'77..5

in

lO'ji

Jaa.'2. •7S.3>,
Ian.2,'78...4

Aug.

;

Manuf & Builders'.
Manhattan

July 1,'74.3X
Jan.3. '7S...b

(B'klyu).
Nassau (B'klyn)...

Movl. n...3

National
N. Y. Equitable....
New York Fire ...
N. y. & Boston ..
New York City

).&

J.&

Jan.

J.
J.

12,500

2,'7S...R

•78...3

2.

F.&A.

51.400 .T.&ji
72.S00 J.& J.
2)1 900 .J.
J.
40.400 J.
J.
i:4.300 M.&.N.

&

Jan.

&

2, "78.

Nlasara
North Ulver
Paclflc

Park
107

Jan.l,';8...3
NovlO.';7 3>4

J.& J.
J.& J.

loek

Produce Exchange

Nov

Republic

Ian.

Relief

1,

'71 ..4
2, '78..

:..
....

Kosolute

[Gas quotations by George

Gas Goupaniks.

II,

Prentiss, Broker, 30 Itroad Street.

Par AmooDt. Period

Date.

Bid. ABktt

*
Brooklyn Gas Light Co
Citizens' Gas Co (Bkljn)
do
vertiilcates
Harlem

& Hobokeu

Jersey City
Manhattan

liQtropolitan

do
certificates
do
bon !s
Mutual.N. T
do
bonds
Nassau. Brooklyn

do

do

do

Central of

. ..

Crirtlflcatei

New Yoik

Williamsburg
do
scrip
Metropolit.in. Brooklyn
MuaiPlpal
Bls«ck&r

tit.

-ft

2,000,000
1.200,000

var

1.000,000

320.000
1,850,000
386,000
4,000,000
2,r:00,000

1000
800,000
100 5,000,(00
1000 '1.000,000
25 1,000.000
var
708,000
100 4,000,000
10 1,000,000
lOCC
325,000
Var
3U0.0O0
51'
456,000
30 1,000,000

scrip

New York

People's CBrooklyn)
do
do
bond«..

26
20
1000
50
20
50
100

var 1000,000

no

1,00(',(0(|

iOOO
100
lOOC

UNJO

694,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
810,000

(//jl;ly»)— atook..

100

5iO,iiOO

it B. Hioer—slR.
Consolidated mortg.ieebuu s.

100

1. 900.000

IllOO

1,'iOO.OOO

100

l.MO.OOO

let mortgage...
O(ii/—iitock

BrooUyn

10

mortgage
Broariway (Brooklyn)— i\.ovK..
Brooklyn tfc Hunter'n /^t—stock.
let mortgage bonds
Ist

1000
100
:ix)

{Central Pk. N.

1st

B. itOnnery—atk.

mortgage, cona'd

EigTtih

SCO

i»en««— stock

murtragc
lidSU <t Grand St .^^rry—stock
Ist mortgage
CentralCroan 'lown- stock. ...
Ist mortgage
Houilon.West 8l.ikPav,}''^y—il\l.
1st

.

1st mortgage...

Second AvtrntA—iXotk

Bx tension

8i9thAven,iti- stock

mortgage

TMrd /iBeMue— stock
Ist mortgage
TicenLtt-iftlrd tiireet
Ist Miortgjiac

Tills

*c

100
1000
100
1000
100
1000
100
500
100

IOOO

8d morigaffe

Cons. Convertlolc
Ist

"Var.

A.&u.
F.&A.
J.& J.
J.& J.

—«loci£

column snows

last

Aug.1,'77.

J -in.,

M.&S

M.&S,
J.& J.

160

"

206x

1,

Keh,

6. -79
6, 'IS

Jan.l5.';S,

Aug.,

'e2.

Jan.l5.'7!J

M.&N.
M.&N.

So'
Nov

l,'i7.
!,'77.

Jan.,

J.

K.&A.

76

J.'& J.

Jan.".

F.& A.

Aug.!, '77.
July, '77.

Quar.

J.* J.
M.&N.

'77".

Ian.,

Nov

•1''.

20,'TT

1000
50O &c
lOU
1000
100
IDOO
100
10,0

dlvMeud on

900.000
1,000,000

.

145

J.& J.

.1

Jan.,

Dec, 1902
Feb..

June, 'M
.Jan.,

7
5
7

Jaa,,

1.

& J.

3--F.

l,OS0,ilO:i

A.&O.
M.&N.

200,000

A.&i).

M.&N.

&

I.

2 000,000

I.&J.

Q-F.
1

&

J

M.&N.

'Tf
'S4

a

SO
75
75
110
S9

'.25

41

96X
84
35
118
102

65
90

9.1

lOO
193
104
165

2

Nov.,

(

4

7

,

'78,

1

911

Jan., '78..:
lau., '7':..f
Jan., '73..

106

Ja'i.. '78,.
Jaa., 'IS..

110
90

.5

im"

Jan.. '78.
Jaa., '18..

:bo
106
S6

'78..

Jan., '79..;
.Ian., ';3..3

1U'.3!7
183.46=
293.653
315.1107

182,051
65,715

Jan
Jan

'200,000

191,01.2

Jan., '78..

200,000
200,000
200,000
210,000
200,000
200,000
200,000
500.000
350,000

125.411

-Ian., '78..

229.5(3
118,169
341 ,233

Jan..
Jan., '78. .3
Jan., '78.10

20.311

Feb,

,

'73
,

7M0
';8..7

none

iou'

City bonds

»s"

'11
'18

'93

stocks, tout tBo dato of maturity of bonds.

159

U3

lOSK

180

190
150

.....

July, '77.. 5
laa.. •7<..(;

,os
115

110

'200,000

2.(1

240

139.0S5
219.330

17J

190

,316

Jai.. 'IS. Ill
Jan., 79. .6
Jan., "18. la

145

l3;-;9i

,lan., '77 8>4

155
87

10

200,000
150.000
150,000
1,000,000
200,000
200,000
300,000
200,000
300,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
150,000
250,000
300,000

Jan., '73.20
Jan.. '78 .6

50

250,On((

100
50
100

60
IOO
IOO
25
•25
2."i

.

.

1

W
t

Oct., '77..

'22,2 15

'79

63,387

Jan.,

Ji'.liis

July, '77.".5
July, 76 .5

8,270
81.981
219.133
130.531
55,560

65

no

95
65
SO

3

Jan., '78. .5
Jan., 78.10
Jan., '78..
Feb., '78..

100
175

"i66"

July,''77.6-23
Jan.,'
(ffb , '79..

16<,'«'J

151,936
71.437

lao

I3S,^;6S

10

191,769
'251,337

16
19

201.151
406.550

20

1

,

Jan.,

!25
116

iaa

,

125

uo
•s

'73. .7
'73. 6

'79. 6

10

Jan., •78..

20

Jan., '78.10

40

185
114
3011

Wall Street.]
Bid.

May Aug.& Nov

Keb.,

do
do
do
do

do
do
do
do

May & November.
May Aug.& Nov.
do
do

Feb

.

,

do

do

May & November.
Atig.& Nov.
Novc'nTier.

ireb.,M"ay".

May &

1869
....1869.

.'inuary

bonds

July,

1878-80
1378-79
1S90
1683-90
1884-1911
1981-11X10

1907-11
1878-98
1877-95
1901
1893
1S7S
1894-97
1S89
1879-90
1901
1888
1879-82
1996

1378-90
1881-95
1915-21
1903
1915

do
do
do
do
do
do

1902-11103

1991-93
nse-j(3

May & November.
do
do
January a July.
do
do

do
do
Park bonds
Brldg'
'All Brooklyn bonds

&

do
do
do
do
00
do

"Water loan
City bonus
Kings Co. bonds

67H

"95"

411'.0;0

Months Payable.

ioo'

30

83
110
123
170

40

.

92M

130
185

73.10

do
do
do
do
do
(10
do
Consolidated bonds
var.
do
6g.
do
var.
do,
Street Imp stock'
do
var.
do
do
do
January & July,
New Consolidated
1991
do
do
Westchester County
iQuotatlons tiy N. I". Bkbrh, Jr.. rtniKer. ^s *vaU8l.l
Brooklyn -Local iiupr'em't-

76
90

US

.lau.. '73. U'
Jan. '7<..5

Jaa.,

,8.173
tl57,lJ18

»0

22.630
500,391
IS2,71I

30
50
50

ImprDvemeutstock

luly.infll

Feb
May.

35
100
100
IOO
50
2S
25
100

65,393
159,503
132,7ii

143
185

';9..I0

Ian., '79..!

Sept. ,•77.

2,'(,836

270

'

Jan., '79..
Jan., '78..
Jan., '79.111

York:
1841-63.
Water stock
1854-57.
do
Croton waterstock. .1315-51.
..19.32-60.
do
do
Croton Aqued'ctstock.1865.
pipes and mains...
do
recervoir bonds
lo
Central Paik bonds. .1858-57.
<iD
..1853-65.
do
1870.
Dock bonds
li-75.
do
1860.
Floating debt stock.
1863-68.
Market stock

Nov".",ls6i

n

Jan.. '78..
Jan..''79.7K
Jan.. '77..
Jan.,''1S.3K

New

Brldf<:e

5

817.639
11,131
57,663

60

im"

City Securities.

50
9D

'c5
'i1

Aug.,,'71.."^
Jan., 75..
Jan., '78.15

lOuotatlonsby Danihi, A. MOKAN, Broker.
1NTKBK8T.

US

May,

nx

55
112
75

Including re-insurance, capital and scrip, t f h-i surplus J
Is dcductel, and the figures staod aa actual net surplus.]
tContinental, U-'jO; Standard, 1218.

105

April,

60
50
50

IW
112

'79. .6

liabllllles.

all

Sov.

Oct.. '83
Miiy. '17
July,1890

J

Jan.,

l.i?46

250,000
200,000
150,000
200,000

•25

April. '»3

.l"iiiy.i894
Jan.. '.3

96,0011

'200.000

.

70

1-50,000

2or.ivo

2!

65

re M-eaeiKed by serin

103
3?
U'S
S5
iro

II

"f"

"Over

Jan.,'
Jan., ';-i..5
luly, '17..

100
26
50
50

25

Stuyvcsant
Tradesmen's
United Slates
Westchester
WUllarasbnrg CItv.

16,'i53

15.5,156

t 117,568

100

do
Ptrk bonds
Water loan bonds

7""

J.

415,0(X)
2'000,(100

li'J

85

'78

6

M.&N.

OOx
100
15
93
120

62><
10

7

M.&N.
A.&O.

600,000
250,000

8
7

,

I.&

748,000
236,000
600,000
300,000
250,000
500,000

75'J,0OC

191,0

l.&.l.
J.

ISllx

*
July,

J.&D

•203,000

1,199,500
150,000

i--

,

&J.
J.&D.
Q-K.

S5
110
S6

Broidway.

Q-J. 2V Jan '78
J.&D. 7 June.l'ia-I
Q-F. Sit, Feb.,
M.&N. 7 Nov., 'c'O
q—1. 3 Jan., 're
A.&O.
'76
Oct
J.& J. 7
1888
J.

16.7

170
JIO
132

II

Quar.

J.&

90

'7S

Feb.
Feb.

F.& A
Var

[Qnotatlons hy H. L. Gbant. Broker,
^ttUojiFerri/sik
100
900,000

Sushwlck Av.

Dec.2( '77 155
Jan. !S,°7b SI
91
Oct. 1, 17.

1,510,010

Is t mortgage
Oroadwai/ Jc Stcenth Aoe — etk.

Dry Uock,K.

Var.

Feb..

103,461

IIHI

40
213

'78

150,000

150,000
200,000
SOO.OOO

1C5

6
'77 .3
'78. .5

Jan,

200,010
150,000
288,000
150,000

IOO

Star
Sterling

.

30
20
40
50
IOO
50

"

'77.10

•201,000

•200,000

57

Ja-i., •79

I11,00^
6,(7S
133,143

none

'

"76

Jan., 'fs!i(i
Jan.,'7^.6-65
Oct., '77.1

=.lii,l(5

65l,:137
691,901)
las.oi'i

143

Inly, ;77..6

tiS5,2iC

•200.000

70
100

Jan.,

6-1,099

Rutgers'

Safeguard
St.Nlcholas
Standard

Ian

'200,000

Bll

10(1

Uldgewood

Gas and City Railroad Stocks and Bonds,

9,0.19

I9i,160
172,151
IV.iO;
IS,376
160.326

l.OOO.Ono
500,000
200,000
200,000
200,000
200,000
150,000
500,000

Asm

lao., '79. le
Ian., '78.10
Feb.. '78 5

101

..

2,'"ii.. 3
Jau.2.'7^...4

Jan.

.M.&N.
.J.& J.

Peter Cooper.
People's
Phenix (B'klyn)

t3

Bid.

,

'7

,

40,293
1=8,366
109,115

Moutauk

July.lS'71.3S
Feb.4.'7S ..a
Aug.13.'7r2K
Jan.2,'i7...8
Jan, 2, 78... "

F.'&A.

25 '.COO
13:1,100

Mercantile
Merchants'

Ian. 2,'7J...4
JftU.

feb., •77..
Feb., "73.10

Dec,

1,002.761

LongIsland(Bkly.)
Lorinard

J.&
&

.

Jan

411,9S6
28,806
3(6,910
2i9.251

150,000
500,000
200,000

2:

Mech.&Trad'rs'
Mechanics'CBklyn)

1,

10,431
10i,S6j

8,('00,0OO

Lenox
123H

200.000

Jau

60

Irving....
Jefferson

W

6,-i43

Jan.,

Importers'* Trad..

35t

1, -7;. .3

a. '78 3*.

21X1,000

50?,391
lt«.6'6

Howard

3. '76...

'77

Jan,. 'H
Jan., '78,
Jan., '18,,
Jan., '77,,
Jan., '77.. 5

H2,i»7

100
25

Hope

J.&

ifii.tai

319.90C
675,700
BS.-OO

Feb. 9, 'IS.
Julyl,n5..3>4

July,

40,350
60,1(6
t260,:iB
;:,195

•200,000

Hoffman

*7I,.l
Ja...2, '77.. i
Inly 5. '77 ..S

l,il.lOO

2M.609

Hanover

Ian.

75.100
17,300
j!
60,500 .!.& J.
19,600
J.
1T2.500 .1 .
J
215,FOO CJ-F.
5n,3(X) 1.& J.

1,000,000

2. '18...
,ian. 2. '7S.. .6

.Vov.l.V;

73 ,600 .!.& J.
90,70.' J.& J.

1,000,001

1,200,000
200,000

,

Jan.

S,'7S...7

Nov.

A.&O.
M.&N.

S.t'l'C

47,100

•Ian. 2, '78...

Globe
Greenwich
Guaranty
Guardian
Hamilton

Jan. 2, '78.3)i
.Ian. 2,'7'i...l
May l.'77 8H

.!.& J.

96,),20

(5ermau- American
(>ermaula

2. '7S.3>(

Jan.

IH

;.

Gebhard

i,';7..3

ianiV.'VlV.'.S

13,'20C

133,600 M.&N.
813,700 .1.& J.
251,700 ,1.*.J.
37.(00
.& J.

300,(100

Bt.

'74.. .3

May 11, '77..
May 2, '77...

800.00C'
000,001

14i600 .M.&N.

PaolBc*

Third
Tradesmen's
DnioQ
West Side*

A.&O.

600,000

County

Republic
Nicholas
Seventh Ward...

418,f00 M.&N.
6 -S.IOO
23.100 F.
A.
4J.tOC
ilay.

l,000,OC(t
3,0CO.0C(

N.T. Nat.Exch...

Feoples*

Kmporlum

220X

'100,01'C

200,0«i

Park

Empire City

May.

1,000,000

Fhenlx
Produce*

Continental
Kagle

.M.&K.

3,000.00(1
2!X),000

Oriental*

'76...S

1.'77.2>S

2, '77...

7(10

3.000,00('

Ninth
North America*...
North Rivet*

Commercial

11,'iOo

500,000

Hill*

NewTork
New York

1, -78, ..5

SS.WO

l,00O,0(i(..

Nassau*

Feb.
July
Oct.

F.&A

.rfercbants

Commerce Fire

U'li,00(i

10il,ln('

Mercantile

6. "7«

Juyl.

J.

tf-J.

45-'.'00 .iV&',i.
800,000
a.oso.cu' l,0;6,-00
1™J,(C(
6,60C .l.&.J.
Ei,000 .J.& J.
400,00<^
30l,(ifl .1.& J.
1,000,OOC
9.18,- 00 .!.& J,
2.000,000
8J,vC0 .\I.&N.
500,00('

Marine
Market
Mechanics
Uech.BkKAsfto...
Mechanics & Trad.

State

6>4

.Ian.

200,0()Ci

'500.00(

Mercb*..

City
Clinton

Firemen's
Ktremen's Fund
Firemen's Trust...
Franklin

City

&

USX

Novl,'77...n

1

Leather Mauuf
Haohattan*

117H

7,'73. ..

'600,000
500,001
I 000,001
'210,001
200,001

1

Traders'

2:'o

Jan.

Citizens'

Jan!''i.''78.'.'.S
"an. 2, '78.. .5

Harlem*
Import.
Irving

Broadway
Brooklyn

'78. .2-

Jan 2. '78...1
Nov. 1. '77..

187111873 1876'137"; Last Paid,

}•

•'j^?.-

200.000
200,000
400.000
200,000

800,000
200,000
200,000
153,000
300,000
210,000
250,000
300,000
200,000
200,000
1,000,000
300,000
200.000
200,000
200,010
200,000

& M'lst'rs

Wall street.)

65

DiviOKNDS.

PLCS,

•200,000

Bowery

kxctiange
Farragut

Grocers"

Hanover

Arctic
Atlantic

500.001' i.052.'.00 tj-J.'
S90,20(. .J.
J.
3 750,000
I

Ger. American*..
Ger. lixchan^e*...

Amity

Columbia

A.

Fonrth
Falton

.

6

.!.& J.

2, '7S.

/Etna

Ian. 2, 78.. .8

10

J.&

Jan

Janl,

lOO

F.&A.

51.100
129.620

American
American KxcU'e..

Brewers'

&

SI'.' Oil

2, '71

July
Jan. 2, 78.3>,

Q-F

43,4ftr

Jan.

'75. .5
2; '77...

J.& J

200,000
ISO.OOC

Adriatic

Sept.l

8,000 J.
J
260,650 .J.& J.
791.400

850,00(1

100,(0ii

Elrst.t

Ilannf

&

i,000,OiKi 1,521,800
5,000.0(Ki 2,71 1.201

Commerce

•Ian. 2, '78..! 1?4
1,77.. 2 lion

Nov

J.&O

Citizens*

Par Amount,

Last Paid

1876. 1S77.

206,000
1 3,tm .M.
B.
500,000
82,20r
J.
2,000,00C
899,800 J.* J.
310,000
4,40(1
450,000
I76,tiO( .I.&.J.
800,000 3,(9:,8'I0 Bl-m'ly
eoo.ooc
1T5.2011

Central

Island

Period

Ifill.

J.& J.
M.&N.
J.& J.

S.ODO.OCC I.665,M0
5.000,000 1,319,',!00
250 000
211,700
150,0(0
WIO

iNktbuk

.

1

Marked thus (
are not NHtlonnl.

XXVI.

rvoL.

I iSO-33

1924
907-1912

100
IOO
1(2
1U3
I''4

1.2
106
101

100
119
106
100
117
101
102
lea

101

wt
IDS
105

KB
IW
1(8
108
lOJ
119
lOS
101
113
105
113

lOJ

102

105
105

1118

IW

106

107

101

1(4
r.o
118

102H

114

11<H
1I6H
l:6H
106 S
101
•06

112
11.
107

lis

119
103
1C8

no
106

lOJK
103

flat.

[QtiotatlonB by C. Zabihskik.
Jernty Cut/—

Waiei loan, long
do
lSr.9-71
186ft-4S9.
Sewerage bondB
Asseaament bonds... 1870-71.
IinprovemHnt bonds

47

Moutgomery

January*

July.

Jauurti-y

Juiy.

A

St.,

do
do
Jan.,May, Jnlv A Vov.
J. A J. ana J & D.
lunM'»rv niid -InU".

JeiM-y City.]
1S95
1999-1902
1877-19
1391
1905

101

102

1(9
IOO
1(8
109

UO
II

19l«'

103

10

!0l

109

Fkbbuakt

THE CHRONICLE.

0, 1878.J

rednce» the aggregate loss of freight tonnage to 3,911 toni, as
stated above.
Mileeran hy paMi-nRor tralna In 187A were
aMtflA
Mlloaruu by pafaengor tralna In 1877 were
nOMA
Number of ^taeaeniters carried In 187« was
'
.'..
M5.715
"

HxiDtBimtntB
STATE,

cm AND CORPORATION FINANCES.

" Id veHtora'

The

Supplement"

Is

pubti»bed on

Number of paascngers

Saturday

ttie last

ANNUAL REPORTS.

$18), ''31
473, U.3

ij,i6o

office.

Total
$419,605
OperatinK txpcDtca aa per agretment with leasee, TO per cent of groaa

Central of New Jersey.--The Tribune reports that at a joint
meeting of the four committees interested in the reorganization
of the New Jeisey Central Railroad and the Lehigh & VVilkesbarre Coal Company, held January 15, a sub-committee of eight
persons was appointed to consider the various schemes that had
been propoatd for the reorganization of the two companies.
Numerous meetings of the subcomihittee have been hold, and
its members have finally agreed to a plan of reorganiaation that
does not differ materially from that adopted January 8, by the
committee of stockholders of the New Jersey Central, a fall
synopsis of which appeared in the Tribune. A meeting of tho
several committees will probably be called for the f arly part of
next week, when it is expected that the plan as it now stands will
be adopted.
The sub-committee consists of J. S. Kennedy, J.
Edgar Johnson, George S. Coe, George G. Haven, Jacob Vanatta
and George Mauley, all of New York, and E, M. Lewis and
Thoisas Cochrane, of Philadelphia,

«93,804

$1J5,94I

tbe above, de<lact interest on bonds and dividends on Block,

leaa rent of

TowuBcnd branch

183,730

Snrplna over dividends and interest

$8,211

This surplus has been disposed of in accordance with the agreement between the two parti^^B, one-foarth to lessee and threefourths to diminish previous losses.
There has been a loss of $23,108 on passengers, a gain of f;52,50.'5
on freight, and a loss of il,.580 on mail and miscellaneous, as
compared with last year, the result of all showing a gain of
The mileage of locomotives earning this increase has
127,726.
been only 978 miles in excess of the yeav before. The loss on
passengers was due to the comparison being made with the centennial year. The gain on freight was due to an increased peach
crop,and a largely increased use of fertilizers on the line.as compared with the year before. This gain has taken place In spite
of largely-reduced rates on many ariicles transpoited.
Value of sinking fund January 1, 1877, was |26,496 value of
the same January 1, 1878, was $36,291 increase of the year,
There are still uncalled for and unpaid of the bonds
|9,795.
loaned by the State of Delaware f 9,600, but the above sinking
fund is the excess remaining after providing for State loan now
;

;

»l'8e

Atlantic Mississippi & Oliio.— Holders of the first mortgage
bonds of the Norfolk & Petersburg Railroad Company that have
matured are notified that on presentation of thrir bonds at the
ofiice of tho receivers. No. 23 Nassau street. New York, a new
sheet of coupons will be attached, extending the bonds, in conformity with an ordar of the United States Court for the Eastern
District of Virginia, a copy of which order can be seen at the

^

From

waa

Af>htal)nla Tonngsloirn & Pitti-biirsr.— At the meeting of
the first mortgage bondholders of the Anhtabula Yonnggtown
U
I'ittsburg Rftilront), held in Philadelphia January 24, it
was
agreed to postpone fofeclosure proceedings, as the earnings of tho
road appeir to be more promising.

subsoribem.

eamlnea

carried Ih 1877

GENERAL INVESTMENT NEWS.

of each month, and furnished to all rettulnr Bubncrlbera of the
Citron ici.R. Nu ainKle copies of the Supplement are sold at the
office, as only a sulHclent number is printed to supply regular

Delawnro Railroad.
{For the year ending October 31, 1877.)
The annual report gives the following
BABMmaa for tub tbaf.
From parMnKon
From rreitlhtf
From mallnand mltcillaDeona

141..

Chicago & Springfleld.— The deed transferring the Gilman
Clinton & Springfield Road to this new corporation has been
recorded at Springfield, III. There was also recorded at the same
time a mortgage securing $2,000,000 bonds issued by the new
company.

Cincinnati

Sandusky

&

Cieyeland.— An adiourned meet-

ing of the second mortgage bondholders of the Cincinnati Sanoutstanding.
dusky & Cleveland Railroad was held in Boston last week, to
Additions and improvements to the road have been made by hear the report of the committee appointed at tho last meeting
the lessee, by consent of the lessor, amounting to $15,193, and of the bondholders. They accepted the report of the Investigatcharged to construction, upon which the lessee is to pay, during ing Committee, which recommends that De Witt C. Brown succeed
the lease, six per cent to the lessor.
John 8. Farlow as receiver, and that the holders of the second
Andrew C. Gray, Esq., sole surviving trustee nnder the mort- mortgage bonds fchall fund six coupons, coamencing with the
gage due July 1, 1875, entered satisfaction on the records at New coupon falling due June 1, 1877, into a ten-year, 7 per cent
Castle, Dover and (Georgetown, where the same was recorded, on scrip, this scrip to draw interest from the average maturity of
the
the 17th day of October, 18^7, all the bonds but one of $1 000 coupons, payable semi-annually at 7 per cent per annum.
The
being presented and paid off, and the cash for this, with one cou- use and control of the Columbus Road is deemed of great value
pon, in all $1,030, was deposited in the Farmers' Bank at New to the Cincinnati Sandusky & Cleveland, and it is understood
Castle, to the credit of the trustee, to be used only for the pay- that it can be obtained for a rental of 20 per cent of the
gross
ment of the same.
receipts from June 1, 1877, for one, two, or three years, or, if this
BALANCIi SBEST.
is not acceptable, euch a percentage of the gross earnings as two
railroad experts may deem reasonable. The report says: It la
Railroad.. ..
hardly possible, and perhaps not wise, to attempt to forecast the
$1,979,311
8m]rrna branch
3:i 8)7
future of our corporation under the influence of the proposed
Dorcfaeeter branch
i...!!! !*!!,!1'*
lC9'9i3
changes in our affairs yet it may be well to say that, if these
Towneend branch
!.'!."!!!*!'!!
Sij'jGl
Snndriea
,,,
aVqi changes are carried into effect, the liabilities upon our road, other
Cat b and cash Iteaia
80,760
than its common stock, will be as follows:
'

;

;.'."

.".

$9,400,-06

Or.

Capital stock

Bonda-McrtKape,

HI 480
.July, 18TS

$1 000

State of Delaware, July, 1876
'....

"M
i'^

J''*"

fund (redeemed State'bdiids) '.'..'.

'
'.

'.'.

'.

'.'.

Preferred btock

Our road from Sandusky

And from Gary

m,m

'.'.'.'.'.'.'.'.

In

*4<ii en'x

were.

'.

$4.vt 1176
.

Neteamlug,
paeUne In groaa earnings
Increase in netearningi

S87!968
$193,7114

30, 1877,

^—

n5,6-»

•janon

V^V\V^^\".V^'.'^^^.VZV."'^V.'.

ToUl.

^m

$64,401

?5r^he°yLrendln7l^".^°.^'™!«."..~"'f"!°.".'.''.!.'~^

|«J;«?f

Decrease

7^18??"°
'

'

'•"• "' '"'B""

' "'

•;

,

""'ed

le

170 miles in length.
it

will be seen, are therefore less

;

'.'.'.'.'.'.'.'.

Net earnings
a^nlnga for the year cndUg September
S™?."'!'
^'~'""

Dayton

to Finley

all

percent

;

aame year were

to

•"<> "nlle in"«87« wai'.V.' V. .....B,16o'874
6,06S,lb7

ine loss of tonnage is in manufactured articles,
of which there
has been a decrease of about 10.000 tons,
while an increase in
freight Items under the head of "animals"
"
and other articles"

\N

e

400,000

$3,069,000
155 miles in length.
15 miles In length.

$18,200 per mile.
The first mortgage bonds and the preferred stock are subject to aa
liiterest charge at the rate of 6 percent per annum annual sum of.
The Sandusky City A Indiana bonds bear Interest at the rate of 7

Utica & Black River.
{For the year ending September 30, 1877.)
The annual report shows the following
The grosa ramlnga or the company In 1876 were
fur the

l,10O,0CO

Our incumbrances,

$2,4CO,706

Tbeeipeneea

$760,000
360,000
4^9,000

Floatlac debt, Icaa the properly recovered from Mr. Sloano and
valued at $100,000

lOO.OCO
610,000

imereat
Bip8na<'8
Dlvldcnda
of tlsklng

$1,000,000
.•

,

Second mortgage bonds

9,'«09

Kitenalon mortgage, January, 1880
Qaarantecd convertible mortgage, Joly, 1895

Tnuteea

21 r.

First mt^rtgago lionds, originally

Reduced by sinking fund to
Sandusky city i Indiana bonds

pe.-

annum

add interest on net amount of floating debt,

than

$85,140
34,5(10

$460,010, 7 per cent.

3«,M0

.\nnnal Interest charges aside f:om interest on second mortgage

bonds

$141,840

There would seem to be but little doubt that the net earnings
of the road, under the moat unfavorable condiiions, must be
very much in excess of the amount called for to meet these
charges. A resolution was adopted empowering the same committee to carry out their recommendfttions, and to confer with the
re-organized board tn reference to the changes indicated in the
contract with the Columbus road. Mr. Young having declined
to serve longer, the committee was authorized to fill vacancies.

Danbnry & Norwalk.— At s special meeting of the stockholders, held in Norwalk, Conn., January 28, a propoeltion from
the Housatonic Railway Company to lease the road was rejected.
A committee was appointed to confer with the offleers of the
Housatonic Company on matters in dispute between the two com*
panics.

CHEONICLR

l^HE

142

DanTille Hazleton & Wilkesbarre.— S. P. Kase petitioned
some time ago to be allowed to mase a defense to tbe bill fcr
After arguments, the mafer
foreclosure filed by tlie trustee.
was referred to Samuel Dickson, Esq., of Philadelphia, as master.
Mr. Dickson rej orted in favor of the bondholders, as repre
sented by the trustees, on two counts of tbe three presented to
him. Exceptions were filed to tbe report, and tie matter was
argued yesterday before Judge Elwell, at Bloomsburgh. Judge
Elwell dismissed tbe petitions and exceptions, and made an order
for tbe sale of the mortgaged property. The counsel for Mr.

Kase

Supreme Court.

will appeal to the

—

bers, $128,009.

& North

—

The bondholders of the New
have given notice of application to
an act to incorporate them as the
St. John & Maine Railway Company, with power to buy and work
line
from
St.
John,
N.
B.,
west
to tbe St. Croix river. This
the
section is now in the bauds of receivers for the benefit of the
American.

Brunswick section of

this road
the Provincial Legislature for

bondholders.

Galveston Houston

&

Ilendersoui

—The annual

m,Wi
-osS
'039

,

7,268,04
18,262 17
9,743 86

Bxpressajje
Miscellaneous receipts

$454,304 55

Operating expenses

275,64143

Net earnings

$178,680 11

& Minnesota.— This

road has recently been placed
in the hands of a receiver, on application of Mr. John I. Blair and
The receiver is Mr. Timothy Case, who was
others, bondholders.
lately made general manager of the road.
The road, which wag
finished in 1873, extends from Green Bay, Wis., across that State
to Winoua, Minn., 218 miles, and there is also a branch to La
Crosse, 29 miles, of which 22 miles are leased from the Chicago
& Northwestern. The bonded debt by the last report consisted
ol $3,300,000 first mortgage bonds, on which no interest has been
paid for several years, and $780,000 second mortgage bonds
issued to fund unpaid coupons. The net earnings of the road
have been very small.

Long Island Railroad.— The Attorney-General, in the name of
the people, has begun a suit to dissolve the Long Island Railroad
Company and wind up its affairs. Thomas R. Sharp, both individually and as the present receiver of the company, is made a
party, and part of the immediate relief asked is the removal of
Mr. Sharp and the substitution of a receiver in this suit in control of the road.
On motion of Wingate & Cullen, representing
the Attorney-General, leave was given, on Friday last, to bring
this suit, and an order was made that defendants show cause on
Saturday, February 9, before Judge Dyckman, at White Plains,
why a receiver be not appointed in place of Mr. Sharp. The
Tribune says " The complaint in the suit sets out at great length
the history of the company, and declares that its capital stock is
$3,300,000 and- its bonded debt about $1,500,000, with a funded
debt of $1,750,000 on its branches, its total interest on these
elaima being $243,784 56. It recites the lease of the Flushing
North Shore & Central Railroad Company to the Long Island
Railroad Company for sums beginning in 1876 at $239,330 a year
and increasing each year, until in 18S2 the amount will be
$351,050 a year; also, the lease of the Southern Railroad of Long
Island at an annual rental, rising during six years from $173 250
o
V
:

^

to $233,450.

reports of 1876, the complaint

,

puts the

interest, charges and rentals of 1877, original and assumed under
the leasee, at $639,401 35, and the net earnings at $883 008 04
leaving a deficiency of $255,703 31. It charges that the leases

were beyond the powers of tbe company, and that they were
disadvantageous to the company, the rentals of each of the leased
lines very

largely exceeding the net income. The complaint
charges that the floating debt of the company is over a million,
that several of its notes have gone to protest and that the interest
on its bonds to a considerable extent is unpaid. It charges that
Thomas R. Sharp was brought here at the request of James H.
Wright, a judgment creditor, who is made a defendant in this
action, and of Drexel, Morgan & Co., on an express agreement
that he should be appointed receiver of the company, and that he
is their agent
acting in their interest
that he was so appointed
in the suit by Mr. Wright in their interest and operates the road
in the interest of the firm of Drexel, Morgan & Co., in which Mr.
Wright is a partner; that of $105,088 03 received in November,
he has paid $75,199 41 on claims accrued before his appointment
that he is paying without authority coupons on mortgage bonds
largely held by Conrad P oppenhusen and pledged to Drexel
Morgan & Co.; that large payments have been made to Drexel'

—

LonisTille & Nashville & Great Sonthcrn.— The Louis& Nashville & Great Southern Railroad Company have
issued a circular showing the earnings of the road for tbe last
two years, in comparison with the earnings of tbe present fiscal
year, which shows a decided increase in net earnings in the six
months ended December 31, 1877, as compared with the same
time in 1876 or 1875.
Out of the surplus earnings, the company
has recently declared a dividend of one and one-half per cent, leaving a surplus to profit and loss ol about three per cent for the six
months' business
riSCAL TEAR lB7o-76.
Jnly to December
January to June
Total year

Earnings,

Expenses.

Net.

$S,56i,200
2,397,aS9

$1,542,753
1,450,776

$1,081,446
916,513

$1,967,960

$4,9(il,490

$3,993,530

FISCAL TEAR 18'6-77.
Earnings.

Expenses.

$S61,B2!

July

;

Net.

$-255,057

$109,566

4I3,?91
49.',n7
51S,602
477.682

2b9,.595

144,299
216,197
225,730
215,835

41)0,651

265,844

2-24,807

$2,';57,6:)3

$1,621,838
275,8;7

$1,1.35,795

August
September
October

first

six months.

,

February

415,768
432,877

March

419,1-19

April

3nl,372
381,491
513.584

May
June

:

$153,529 68
3J0,U8 03

"Judging from the

—

Janu^iry
160,.')(4

1676
187?

,

Green Bay

;

"Frederick S. Buckingham and George F. Stone the latter a
stockholder— made affidavit to the complaint. Besides the firm
of Wingate & Cullen, Henry E. Davits and Ashbel Green will
appear in support of the motion."

Total

Passengers
Freight

Mail service

;

many

November
December

Passengers

Earnings for the past year

unlawful preferences; that directors

that the company is insolvent that
of its obligations are fraudulent, and that it is threatened
with a multitude of expensive actions which should be cut off by
a dissolution ol the company.
oflices

276,079
292,86!
262,.397

report shows

the following figures
Tons of freight carried during the year
Dzpenees per ton per mMe for
Expenses per ton per mile for

Co., constituting

have abandoned their

ville

Delaware State Finances. The accounts of the State Treasurer of Delaware show a reduction of tbe bonded debt of $223,000
" during tbe year, and the treasurer is confident
that by j udicious
management tbe entire State debt can be extinguished in seven
years without imposing any serious burden of taxation upon the
people. The whole amount of indebtedness of the State is (counting the $600,000 loaned to railroads) $1,137,000. The total
investment of the State, exclusive of the school fund, is $673,050.
There are due the State from the counties and railroad bonds,
together with cash in the Farmers' Bank at Dover, In round num-

European

Morgan &

[Vol. XXVI.

277,570
263.385
2*5,690
205,762

Total second 8\x months
$2,657,693
Totalyear
6,31S,3i6
FISCAL TBAB 1837-78.

$l,552,fl(,8

8,174,805

Earnin/8.

Expenses.

July
August.
September..
October

$39^.901
465,678
518.h7r
542,767

$2)7,154

November..
December*.

540,000

ToUI

6311,982

flrst

six

months

$3,007,C06

Estimated.
SEMI-ANNUAL STATEMENT— JULY
Net earnings
Six mouths' Interest
Six mouths' sinking fund

Net over

interest

and

1,

1877,

169,891
168,138
141,578
98.043
11D,250
307,8-n

2fi4,730

$1,004,725
2,140,520

Net.
$142,716

260,701
!!7l,-m
305,884
294,304
2S0,792

$1,670,111

TO JANUART

1,

204,977
247,402
837,483
245,077
859,207

$1,336,835

1878.

$1,336,895 21

$850,000

76,000—

sinliing fun d

985,000 00

$411,895 21

—

New Jersey Midland The following figures are from a circular issued by the Receivers, chiefly for the information of holders of Receivers' certificates.
The equipment consists of 14 locomotives, 20 coaches and
combination cars, 64 milk and 'oox, 63 platform and 49 gondola
There sre also two steam excavators and hand cars, etc.
cars.
The property is valued as follows
:

Eoadand

linildiugs
Telegraiih line

$3,000,000
10,000
356,000
EO.OCO

Equipment
Shojj machinery

and

tools, materials, etc

Total

$3,316,000

In order to provide means for the payment of some pressing liens,
the Chancellor authorized an issue ol Receivers' certificates to the
amount of $95,833, upon which interest has been promptly paid
from the earnings of the road.
Being issued by order of the Court for the protection and benefit of the mortgaged property, these certificates are made a prior
lien, and must be provided for in the foreclosure sale, if not
sooner paid oflf from the earnings of the road.
The earnings of the road for the period of the receivership have
been as follows
18J7.

187&

1875.

March 8
Dec.

Passengers..
Freight
Miscellaneous

to

.51.

$137,654
470,H56
77,076

$!51,293
449,656
69,635

$97,311

$636,087
584,049

$669,485
5)8,015

$4-! 0,414

All e-xpenses

Netearnings

$101,037

$121,470

$67,986

Total

303,531
19,491

35i,577

The difference between the above and the monthly statements
heretofore published is due to the including of rental and some
other charges in the annual statement.
The Receivers have paid the current rental of the Middletown
Unionville & Water Gap road, and have also settled the back
They have paid
rental due at the time of their appointment.
the following amounts for the discharge of liens and for betterments of the property
Construction

Equipment
Kijihtof

way

Totjil

..

$91,1-21

69,637
41,892

$192,101

right of way claims were all preferential
liens, and paid out of current earnings.
New Minnesota Railways.—The St. Paul Pioneer-Press says
The year 1877 has been signalized by the completion of several

The equipment and

:

FBBRUAnv

THE

9, 1878. J

CHuOJVlCLt;

143

The greatest work accomplished by the Comral8»loner has been
with the West Wisconsin Railway, where the bridges were
examined, and one re-built over Black Hivor, at his recommendation.
Some roads have delayed making the'r reports, which has
prevented the completion of the tables, but the general report ig
a decrease in the amount of business over previous yeais.
South Carolina State Bonds.— The report of the bond comMiles"•* St. Louis
H6
mission appointed last June to investigate the bonded debt of
«?i^
Mch
Sduth Carolina was made to the (ieneral Assembly on the 7th
'kcnrfdijc
Si,i
in»t.
It is nut calculated to give encouragement to those who
...li & Sioux Falls
8
had
hoped for a final settlement of the bonded debt of the State, be"
yond
the
possibility
of
further
readjustment."
Total
According
189'^
to the
press despatch, the report shows the amount of the consolidated
" Besides these, a few miles of the narrow-fraufre railroad at
bonds and eerlificates of stock under the act of December 20,
Wabasha, and some twenty or thirty miles of the Hastinjjs and
to be $-1,390,290. Of this amount, the commission reports
Dakota ro»d have bfcon graded west of Qlencoo. But the causes 1873,
if 1,577,835 unquestionably valid and funded upon voucher.^
about
which for four months have been filling the United States land
which there is no dispute. The amount affected by vouchers not
ofllces with land hunters, and which have been pushing forward
issued originally in accordance with law is $2,818 451. Of this
these railroad !ine3, will not come into full operation till the year
amount, about $800,000 were issued upon valid vouchers, but
OQ \fhich we are now enterinjf when there is every reason to
were funded along with vouchers considered illegal or tainted
believe that we eliall witness, lirst, a larger immigration to
Minnesota than ever before second, a much larger extension of with fraud. The amount of the vouchers lemaining in the
treasury is $8,793,770, being an overplus of $199. The Funding
ita cultivated areas than ever before
third, the completion of the
act of 1873 authorized consolidation at 50 cents on the dollar. Of
8t. Vincent branch of the St. Paul & Pacific Railroad, the exthe vouchers in the treasury, $4,793 633 are found to be valid
tension of the Southern Minnesota to Fairmont, in Martin county,
and of the Worthington branch of the Sioux City to Sioux Falls, beyond question that is, issued according to law originally, and
authorized to be funded by the Consolidation act. The remainthe completion of twenty or thirty additional miles of the Hasting $3,909,146 of vouchers are divided into classes. One is coming* and Dakota, and the inauguration of several other important
niUroad enterprises— with the general reyult of giving such an posed of detached coupons generally, if not always, cut from
Impetna to business prosperity as has not been known for many bonds before the same were issued from the treasury, and
funded by or on behalf of the financial board and financial agent,
ytora."
to wit
Chamberlain, Parker, Scott and Kimpton.
These
Rntlroail Frei^lits.— A N. T. Time» dispatch from Chicago, detached coupons were not authorized to be funded by the ConThe others
Feb. (J. says of the important meeting of railroad managers in solidation act, and amount to about $600,000.
that city " From the proceeding.s to-day, it is evident that the embrace bonds hypothecated by financial agent Kimpton, in New
principal difficulty is caused by the contracts, and especially those York, after the time limited by law for their hypothecation had
<m Minnesota flour, entered into by some of the roads during the expired; the second issue of interest on the public debt bonds a
few bonds issued to redeem bills receivable; and both issues of
past six months.
It was proposed at the meeting to-day to pool
the contracts and divide them equally among the various roads. the land commission bonds. All of these are declared, by the
The Vanderbilt interest opposed the scheme at every step. report, to have been issued without authority of law originally,
These roads, the Lake Shore & Michigan Southern, Wabash, and but were authorized to be funded by the Consolidation act, aud
Canada South., together with the Michigan Central, have most amount to about $3,400,000. The report proper embraces fiftyof the contracts now out; but the liitter is in favor of the divis- one closely-written pages, to which is attached schedules showing
ion-of-contracts scheme. The proceedings of to day's meeting the numbers and denominations of bonds included in the several
were private, but it is learned that the first thing that engaged classes, together with testimony taken by the bond commission.
The New York ?V»!«s special despatch says: The commission
the attention of the oflicials was a resolution that the various
roads which bad contracts report them forthwith to the com- attack the issues of bonds, under the Scott Administration,
mittee, wlio3?.all find out how many there are out when they except reflailar conversion bonds, and bonds for the redemption of
expire, and at what rates they were made that they try to biUi of the Bank of the State, on tbe ground that a correct
arrange them so that they could be disposed of without interfer- registry of them was not kept by the State Treasurer as required
tog with the establishment of new rates; that they find a basis by the Constitution. » » «
Following is a schedule of the $1,577,835 of bonds, showing
on wLish rates can be made and maintained. These resolutions
passed after a heated discussion. The Executive Committee of the numbers and denominations of the consolidation bonds and
Nine was increased to fifteen. It was proposed to place the certificates of stock issued in exchange for and in lieu of bonds,
whole bu.i(iness of dividing the contracts at once into the hands coupons, certificates of stock and interest? orders, which, in the
of the Pool Commissioners, but action on this point was deferred judgment of the comtnipsion, were issued in accordance with law,
until their arrivni.
The Executive Committee had not made its and authorized to be consolidated by the act:
report up to a late hour."
Bond» fur One Thousand Dollars —Jso». 32, 71, 224 to 228,
At the meeting of the railroad officials, February 7, the prop- 355 to 259, 339 to 346, -364, 379 to 3S7, 413 to 410, 639, 645, 761,
osition to divide up existing contrscts among the pool roads was 857,930,940,941,1.181 to 1,188, 1,191, 1,194 to 1,201, 1,334 to
taken up and discussed. Tne Michigan Southern road refused to 1,329, 1,239 to 1,248, 1,259 to 1.203, 1,371 to 1.274, 1,280 to 1,298,
enter into the arrangement and the Canada Southern refused to 1,.301, 1,303, 1,305 to 1.313, 1,398 to 1,411, 1,417, 1,418, 1,433 to
tote.
A resolution was adooted to the effect that no more con- 1,412, 1,449, 1,453 to 1,400, 1,467 to 1,4.80, 1,501 to 1,513, 1,515 to
tracts be entered into by the po3l roads.
Nothing was done 1,5.30, 1,549 to 1,55-2, l,(i35 to 1,643, 1,616- to 1,650, 1,660, 1,003 to
important Minnesota railrnad!i, to wit
the MioDeRpolis and St.
LouiR, the Brainurd BrHncb, and the Barnes and Breckenridge
cut-ofl, aud tlie constructim of a portion of the Worthington
& Sioux Palls, aud of the narrow. gaujjre Midland Kailroad
from Wabasha westward. The uiilos of railroad laid down in
1877 wero as follows
:

;

;

;

;

:

:

;

;

—

I^arding

tariffs.

Railroads of Wisconsin.— From the report of the Railroad
Commisi>i')Ber of Wisconsin, we learn that there are sixteen railroad corpf>rations within the State, all but the Fond du Lac
Amboy & Peoria having made reports. The number of miles of
road in the State owned by each company is represented by the
following table
:

Milwaukee & St. Paul
* Norlhwestmi
•chi,v.«T« phiis A Western
~

""*'•

Chlcasro
Cbiciigo

y'

,',,
.

5(!Qr.s

"om

..."....:.....;.::::.::::..:::::::

Wis. (narrow gauge)
Minnesota
Ike Shore 4 Weetern

li

'

^'

"'

jq

',

'

243(0

.,,\\

iJg.^o

•MaJUnn & PorWe.V.. ..;.... ....'.....
Pine Riv.T

A

Stevens Point (narrow

ganse— wooden

m

—

rail)!!!

•-"

li

"n *McOret;i)r(pon'oonbrldi
age acrose Mississippi Riv.)
„ ^^ , - - •'

ST"

'

'

ronadcLsc

175
.

.jg

fSSO

Wt
cntral...

'alley

.

177-50

.

449 Ml

.

8<t'90

.

3,l»9 06

...

Total.
• Itoads wholly in Wltconsin,

The total mileage of the roads is 4,985-36, of which 2,059-06
miles are in the State.
The total capital of the companies is |100,000.000. Theearnings
for the year ending September 30, 1877, are
represented by the
following table:
Passengers-whole line
Paa.enjer.-ln Wisconsin
Freight-whole line

.

!

!!!

.•• ;
Froiiiht-ln Wiscoiisin ...;.:.:::.
JIai J. c!tpe»»aiitl all other source.- «phole line .'.!!!'!'..!!!'!'"
Mails, express and all other .onrces—loWi.con.ln

Totil— whole line...
Tolal-lB Wliooailn.

asKTiiAiu
'» 417^*8

IfcimMs
?'^'?Jo
riSl'stS

B»!449
t-S.mi.4t7
I0,l(»,-e4

1.6'j5, 1,696, 1,724 to 1,833, 1,865 to 1,984, 1,999 to 2,026, 2,056 to
2,060, 2,070 to 2,073, 2,145 to 2,303, 2 343 to 2,345. 2.360 to 2,396,
3,423, 3,523, 2,524, 2,503 to 2.625, 2.6.i3 to 2,670, 2,673 to 3,685.
3,096 to 2,700, 3,801, 2,802, 2,810, 2,811, 2,824 to 3,831, 2,345 to
2,802, 2,873 to 2,8 i^, 2,889 to 3,893, 3,900 to 2,920, 2,933 to 2,935,
2,037 to 2,958, 2,903 to SlOOO, 3,016 to 3,030, 3,038 to 3,031, 3,033
to 3,043, 3,045 to 3,054, 3,087 to 3,089, 3,099 to 3,131, 3,166 to
3.309, 8,214, 3,217 to 3,236. 3 243 to 3,251, 3,257 to 3,274, 3,284 to
3,388, 3,294 to 3,311, 3.330 to 3,354, 3,357, 3,394, 3,419, 3,443, 3,445,
3,478, 3,487, 3,489, 3,491 to 3,495, 3,498 to 3,531, 3,533 to 3,535.
Bonds for Five Hundred Dollars.— Nos. 6, 13, 39 to 33, 34 to
35, 43, 47 to 49, 51, 56, 154 205 to 207, 209, 2.'50, 2.57, 259, 263 to
264, 271 to 273, 278 to 2S0, 283 to 384, 338 to 295, 397 to 299, 301 to
305, 307, 309 t-> 313, 315 to 330, 333, 334 to 338, 344, 346, 347, 349
to 351, 353, 357 to 364, 370 to 377, 3S0 to S83, 384, 380 to 387, 889,
393 to 394, 397, 413, 418 to 432, 426. 429, 430, 434, 436 to 440, 442.
444 to 446, 448 to 470, 473, 473. 477 to 480, 482, 483, 485, 489
to 492, 494, 493, 498, 499, 508 to 506, 511, 517 to 519,531 to
530, 532, 534, 554 to 564. 569, 571, 575 to 581, 583, 585 to 590. 593,
594, 596 to .599,001 to 645, 647 to 668,673 to 807, 811 to 813.
870 to S76, 878 to 883, 893 'o 905, 908 to 1)35, 938 to 951, 953 to
to 991, 996 to 1,C09, 1,012 to
9fi."i, 973 to 977, 979 to 984, 986. 989
1.014, 1,016 to 1,018, 1,020 to 1,028, 1,027, l,0-2» to 1,034, 1,037 to
1,052, 1,077 to 1,080, 1,093 to 1.100. 1.1C5, 1,108 to 1,113. 1,115,
1,117,1,119, 1,123 to 1,125,1,123 to 1.148,1,151 to 1,154. 1,156,
1,1.53 to 1,160, 1,162, 1.164. 1.105, 1.169. 1,170. 1.173, 1 174. 1,175.
1,177, 1.179, 1.180, 1,182 to 1,194, 1,190, 1,198, 1,200. 1J201.
Certificates of Stock for One Thousand Dollars.—Koa. 32, 44 to
47, 58 to 64, 06 to 70, 75, SO. 101. 102, 121, 1.37.
For Five Hundred Dollars.— Sot. 8, 11, 24 to 27. 42, 49, 50.
[Some of the dealers in Southern bonds in New Turk think
Ed ]
there must be error as to these numbers

—

AsheTllle.- This company has executed a
mortgage on its properly to secure an issue of $670,000 bonds,
which is at the rate of jllO.OCO per mile on the entire length of
the road. The trustees are J. B. Cleaveland, of Sparti nburg,
Principal and interS. C, and William H. Inman, of New York.

Spartanburg

est are

&

made payable

in gold.

THE CHRONICLR

144

The Movement of the

COMMERCIAL EPITOME.
this city in the matter of

railway freights to the West over the great trunk lines. A leading dry goods house addressed the Governor of this State on the
subject, and the Chamber of Commerce held meetings to devise
measures of redress. The poUtical news from Europe yesterday
caused much excitement in speculative circles, but there was a

since Sept. 1, 1877, of 33,335 bales.
The details of the receipts
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows :
Receipts this

calmer state of feeling to-day. Altogether, however, the efteot of
the week's events has been to continue the quietness which has
prevailed since the opening of the new year.
The following is a statement of the stocks of leading articles
of domestic and (oreigu merchandise at dates given

Orleans
Mobile
Charleston
Port Royal, *c
Savannah &o....
Galveston

tea.

Beef

and bbls.
tc9.

;

bales.

Tobacco, foreign
Tobacco, domestic
Coffee, Rio

hhds.
baga.
baga.

&c

Bugar
Bngar
Bagar
Melado

bags, etc.

19,900

hhds.

hhds
bbls.

No.
bales.
bbls.
»"is.
bbls.

tarpentme

.

.

.:.

Kice, E. I
Kice, domestic

,

Linseed
Saltpetre

58,086
25,368
7,078
56,877
19
3,036
8.000
111,300
141,300
62,817

5,.J80

Hides
Cotton
Kosin

O^r

4S,|10D

hhds.
boxes.

Molasses, foreign
Molasses, domestic

»pirlt8

1,350

3,141

862
904
12,500
111,100
260,280
64,816
3,895
1,798
6,250

bags.
2,8'.0
bbls.andtca.
bags. 165,700
6.000
bags.
bales.
bales.
bales.

Jnte
Jatebutts
Manila hemp

4,600
1,401
26,044

[ndianola,

1.

39,078

810

16.514

18,197

12,421

11,27

14,895

199

229

14,010

13,014

681

549

2,534

3,363

9,175

18,856

1,261

893

137,138

140,006

316

1,394

5,('70

8,695

3M

474

706

1,1)99

2,392

8,49

7,95'

544
11,76:

14,760
\ 14,102

8,549

330

1,083]

2,297

13,616

11,848

4?9

807

49a

103,161

182,205

678
118,582

10,153

3,184,76'

122,052

2,739,233 2,826,407,2,501,568

Same
week

Continent.

week.

1877.

Stock.
1878.

1877.

13,142

8,338

46,675

49,400 383,854 299,781

8,449

1,420

930

10,799

13,983

67,000

67,853

7,150

3,618

3,696

14,894

8,621

63,503

48,063

3,130

2,338

9,603

15,071

11,970

94,366

63,223

8,023

1,836

9,869

8,880

77,416

85,647

10,957

363

11,672

13,417

1,925

8,736

23,401

21,436

6,356

2,165

54,000

38,000

Norfolk.

1,925

Other portst

5,241

1

Prance

this

Total

337
1,115

22,752

70,080

23,919

1

150,585 268,199

110,167 911,125 892,152

16,751

1,161,109 '357,559 |833,497 lt,S62,l65 '2,0I.'i,011

that port is asfollflwa: For Liverpool, 52,'J50 hales ; tor Havre, 36,500 bales ; for
the Continent. 44,750 bales; for coastwise ports, 5,750 bales; which, If deducted from
the stock, would leave 211,750 bales representing the quantity at the landing and la
presses unsold or awaiting orders.
t Galoestoii.—Our Galveston telegram shows (besides above exports) on shipboard at that port, not cleared: For Liverpool, 18,709 hale^^; for other foreign,
3,884 bales ; for coastwise ports, 8,991 bales ; Which, If deducted from the etocfr,
would leave remaining 51.129 bales.
t The exports this week under the head of "other ports" include from Baltimore, 915 bales tfi the Continent; from Boston, 8,553 bales to Liverpool ; from
Philadelphia, 692 bale's to Liverpool anl 200 to the continent from Wilmington^
981 b.iles to the Channel.
;

;

Lugs 3@5c., and leaf

6i@13c.
In Rio grades of coffee, little of interest has transpired, but
very few changes have taken place;] cargoes quoted at 16i@17f c,
gold, for fair to prime grade. Mild grades are rather irregular.
Rice remains about steady, with fair jobbing sales. Foreign
molasses is at a standstill, but New Orleans has been fairly active
and quite firm at 25(a50c., the latter for fancy lots. Refined
sugars toward the close were firm and in pretty fair sale standard crushed quoted at 10c. Raw grades also are stronger, with a
better trade fair to good refining Cuba, 7f @7fc.
Ocean freights have been rather irregular as regards rates, but
in the main a fairly steady position has been maintained. Busi;

;

ness has been very fair. Engagements and charters reported today included Grain to Liverpool, by steam, 9id.; do. to Loudon,
by steam, 9id.; do. by sail, 7id.; flour, 2s. 3d.; do. to Hull by
steam, 33. 7^d.@3s. 9d.; grain to Glasgow by sail, 53. l^d. per
qr.; barley to Bristol by sail, 8d., and 53. 9id.@6s. per qr.; grain
to Cork for orders, 53. 7id. per qr.; barley, ^ame voyage, Gi.
No petroleum charters refined to the United Kingdom quoted
at 3s. 6d.@33. 9d.; and to Bremen or Antwerp, 8s. 3d.@8e. 6d.
Naval stores have shown more firmness spirits turpentine at
one time advanced to 33@33ic., owing to a speculative movement, but at the close the feeling was less confiden'-, with 33ic.
as the quoted figures. Common to good strained rosin quoted at
$1 60@$1 65. Petroleum also has been higher, owing to similar
the close, however, is quiet
advices from the Creek markets
:

;

;

;

731
18,346

25,195

&c

Total since Sept.

109 do., 1876 crop, Pennsylvania, 7 to 16ic. Spanish tobacco is
The
easier, with sales of 400 bales Havana at 77-|c.@$l 05.
movement in Kentucky tobacco is limited. Sales for the we k>
130 hhds. for consumption and 280 hhds. for export total, 400

;

crude, in bulk, 7ic, refined, in bbls., 13tc-, for prompt delivery.
logct copper remains steady, with 300,000 lbs. Lake pold at 17|c.,
cash, currency. Grass seeds firm at late prices. Whitkey sold
tp fJay »t $1 08, tJix paid.
;

9;o
9,410

* JVew orieans.—Oiir telugiain to-nfgUt from New Orleans Boowa that (besiUei
above exporiBj the ainountof cotton on Bhipboartl and engaged for Bhipment at

:

firm.

978
8,477

Great

New York

sold at $13 50 per lb.

however, are quite

}

2,146
12,307

1...

New Orleans*

provisions

Tallow was quiet at 7|e.
Cheese has been barely steady, and butter is dull,

Prices,

9,324

Britain.

except for choice grades. Stearine is active at 8c. for prime.
The whole tobacco market has been excessively dull. The
50 cases
sales of seed leaf sre limited to 300 cases, as follows
sundries, 4 to 13^0.; 150 do., 1876 crop, New England, 8 to 19c..

hhds.

8,911

Exported to
ending
Feb. 8.

Total this week..

for prime.

5,31'

Week

VS^estern long and short clear together, a decline of Jigf c. in a
Beef was lower,
short time. Cut meats were also depressed.

and extra mess

11,930

6,678

,

Mobile
Charleston
Savannah,
QalveBtont

for

47,t91

10,042

&c

has been depresssd, and to-day,
prices of " hog products" quite broke down. Mess pork sold on
the spot at |11 25, and was offered at $11 40 for^arch and
111 50 for April. T^ard sold at $7 55 for prime Western on the
spot, and closed at that price for February and March delivery,
$7 63J for April, and $7 80 for May. Bacon sold at 5|8. for

The market

55,920

11,983

The exports for the week ending this evening reacd a total of
116,751 bales, of which 70,080 were to Great Britain, 23,753 to
France, and 33,919 to rest of the Continent, while the stocks as
Below are the
made up this evening are now 914,135 bales.
stocks and exports for the week, and also for the corresponding
week of last season:

104,300

5,250
1,450
lea. 075
9,500
1.600
13,400
31,800

35,485

10,830

I--

ll?,i'00

7,761

56,746

ll,892i

11,271

Total Blnce Sept.

8,0fi0

774
5,200
1.250
141), 100
7,500
l,8i0
6,100
34,961

33,8801

..

Total this week

1873.

15,852
9,288

North Carolina
Norfolk

1874.

1675.

1876.

68,359

*c
&c

City Point,

1817.

1878.

Florida

38,337
43,730
23,064
20,819
79,608
25,611
72,68S
23,745
7,217
111,600
13
8,673

9,i21

at

Tennessee,

6,1 'i?

4,609
59,831
72,788
a3,!M3
17,205
109,129

19,300

1

mats

Jan.

Feb.

I.

6.310
46,623
33,166
21,474
21,0i3
11,6S2

bbls.

Pork
Lard

1878.

1873.
1

1877.

week

New

:

Feb.

Friday, P. M., February 8, 1878.
Crop, as indicated by our telegrams

from the South to-night, is given below. For the week ending
this evening
(Feb. 8), the total receipts have reached 137,138
bales, against 159,186 oales last week, 104,059 bales the previous
week, and 153,737 bales three weeks Biuce, making the total receipts since tlie 1st of September, 1877, 3,354,879 bales, against
3,287,304 bales for the same period of 1876-7, showing a decrease

Fbiday Night, Feb. 8, 1878.
Our mercantile community are agitated

Trade continues dull.
by an alleged discrimination against

XXVI.

O O T T O N.

Commercial ^^HLL^i^

^\)t

Coffee, other
Coffee, Java,

[Vol.

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
In the exports this week of 6,584 bales, while the stocks to-night
are 31,973 bales more than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Feb. 1, the latest mail dates:
BK0KIFT8
BINCB 8BPT.

PORTS.

187!.

EXPORTED BINOK
1.

1876.

SSPT.

1

Britain

TO—

Coast-

wise

Great „„„„„ Other

Total.

Ports.

Stock

forei'n

369,719 206,933 12\696

N. Orleans.

972,195

836,593

697,393

130,S9a

364,781

Mobile

308,656

3 3,7«3

59,511

16,010

12,409

87,960

151,673

71,534

Charlest'n*

375,027

418,704

81,657

54,356

52,572

1&3,565

101,935

70,616

Savannah

403,510

410,411

105,285

23,724

64,369

198,37,^

181,764

99,719

..

Qalveston*.

350,337

437,608

102,377

22,459

6,894

131,730

146,021

79,035

New York..

57,280

91,824

159,493

3,420

22,837

185,750

....

135.40a

Florida
N. Carolina

Norfolk*..
Other ports

10,359

17,6;4

112,913

155,622

378,981

437,932

96,074

83,544

77,168

90,632

Tot. this yr. 3,117,741
Tot. last vr.

20,301

10,359

....

6,434

1,789

18,397

40,476

60,396

1,075

1,80J

93,949

247,378

9,604

100,206

1091,029 384,807 309,678 1735,414 1029,922
3,147,193 1 36-, 061 393,486

2.36,

lor

0/iarlesto nlsiuclu (led i'or t Koyal

I9M.844
,

34,562

45,500

9C9 5I2

Ac: n ader

907,508
902,291

the heaa of

Point &c.

These mail returns do not correspond precisely with the total, of
the telejjraphio figures, because in preparing them it is alwayi
nicBsaarv to incorporate overv oorri-ction inafl« at the ports.
The confirmation on Monday morning of the report that aa
armistice bad been agreed upon between Russia and Turkey, its
details being given, was followed, on that and the two succeeding diyp, with a pretty good biisinees in coiton on the spot
It was understood that the business
for export, at steady prices.
was mainly for Liverpool, and increased deliveries on contracts
took the same direction. But, yesterday, under the influence of
exciting oolitical advices from England, and the reported occupa-

Fbbrtjart

THE CHRONICLE

9, 1878.J

tion of ConBlantinople by the RusBinns, and the votin^of a war
Bubaidy by the Dritish Parliament, our market became dull,
though prices werd maintained. To-day, it coDtinued quiet
middlings remained uDchaoged, but low grades were reduced
l-18®ie., and t le higher grades were advanced 1-lOc. For future
delivery, the speculation has been sufficieotly active, at variable
Jyrlces, but the changes, from day today, and as compared with
Both Saturday and Monday
ast Friday, have not been great.
opened buoyant, but returned to about the figures of Friday.
Tuesday declined several points, followed by a ]>artial recovery
on Wednesday and a still greater decline oa Thursday, when
prices closed 7@12 points below Friday of last week, the greatest
European advices of a
aepressiou being for the spring months.
political character have, since Monday, been quite disappointing,
and yesterday grave apprehensions were entertained in business
circles of a general war in Europe.
R-.'ceipts at the ports have
been rather below the estimates, but, in view of the gravity of
the political situation, and the unsatisfactory state of trade in
manufactures, the que tion of supply, present or prospective, has
bad little effect. A comparatively favorable opening of the
planting season for the next crop has bt-en noted, but scarcely
felt as affecting values.
Today, the calmer foreign advices, and
the advance in consols, together with the reduced receipts at the
pMts, caused an advance of 5@7 points, part of which, however,
was lost at the close.
The total sales for forward delivery for the week are 338,800
bales, including
freeon board. For Immediate delivery the total
•ales foot up this week 7,040 bales, including 3,513 for export,
3,361 for consumption, 1C7 for speculation, and
in transit
Of the above,
bales were to arrive. The following tables
show the otiicial quotations and sales for each day of the past

bales.

/
3.1O0 ...<

week
ALABAMA.
IHon

Sat.
Feb.

Feb.

2.

V s

Ordinary

Feb.

2.

8X

4.

W

Low

Tnes

Good Ord'ry.
Low Middling.... .
Btrlct Low Mlddl'g
[Iddllne

eood MIddlInK
Btrlct Good Mfildrg
Hddling Fair......
Fair.....

Feb.

e.

U
U

ri 8-16

12 3-16
12 3-16 !2 S-!6
12 11-16 12 1!-16 12 11-16 12 11-1

Xh.

Frt.

7.

Feb.

Feb.

S.

FrI.
Feb.

7,

8X

S%

9 5-10

9 5-16
9 11-16
10 8-16
10
11

11

U

UV

12S-16

12X

12

li 11-16

12«[f

12

11

9 l-in
9 9-16

10«

2,

Feb.

a

10 5-!9

.MARKBT

Feb.

5.

port.

Qnlet, Bt'^ady
Sconday..". ->leady,uncb. quo.
Qnlet, unch. quo.

Wednefday Steady.uncb. quo.
Kaay, unch. quo..
ias;^.!f.:; Quiet, rev's'd quo.

Total

100-s.n. 9th. .19-33

.soos.n. ;ih
»,'««

loas.n.lth

.l..-)8

..10-9-i

W%

316
53-.

uoo

196
668

900..

11

8.

Feb.

8X
9 5-16
9 11-16

:-I6

H'J<

8X
9 ;-16
9 13-16
10 5-lS

9 6-19
9 11-16

10«

0%

U

12 5-11 I2X
18-16 12 «

12 5-16
12 13-16

0.

Feb.

7.530 total

12K
•«

6.

Feb.

7.

9X

m

3.512

3.381

167

ycTURKS.

1105
11-03
11-07

Feb.

For March.
1.900

11-01

5.100
8,700
4 700

ll-ttJ

11-03
11-01

fS,200
6.100 ....

:.m
2,'JOO

200
8JU
4fl

11-43

l.llOO

11-11

7LKI

11-43

1

200
600
300

,80

45.900
35.500
84,500

6
5j«

WW

OO

1,600
1,100

258,600

4,700

1.0

44,'

free on board)
middling or on
a statement of the

CIS

b4I«s.

11-14

total

11-39
ii-io
11-41
11-42

;,00

509
880
310

II-JI
11-43

1.'300

50O

1110
U-11

4,900

11-12
11-11

r2.w»

4,100

8,100

pd to exch.

500

:

Feb. for March.

The

635,000

830,000

793,000

1-3,753

33,003

69,000

131,760

548,750

663,000

862,000

902,750

186,750

163,750

2iyi,000

117,500

4,750

3,500

4,750

10,250

32,000

60,000

6-2,000

48,000
12,00g

768,000

6,.500

13,000

15,500

84,500

4:2,000

43.750

40,000

26,500

59,000

44,030

48,500

11,000

10.500

15,000

13,000

7,850

5,500

13,250

4,500

7,000

9,350

12,J50

14,000

90,000

94,000

105,000

637,000

574,000

547,000

E.;yrt,Brazi!,,fcc.,afloatforK'rope

22,000

67,000

5T,O0O

914,125
143,818
21,000

89-3,;52

98,791
11,000

896,079
127,756
85,000

..baie8.2^692,941

2,971,416

3,032,335

Stock In United States ports
Stock in D. 8. Interior ports
anited States exports to-day

ToUI visible supply..

01 the above, the totals ot American and other descriptions are ag

Smerlean—
Liverpool stock
Continental stocks

871,000
268.000

American afloat to Europe

6W,0Oi

0t.ited States stock
United States interior stocks

914,125
143,816
21,000

89-2, 15'J

98,791
11,000

432,000
2-«,000
547,000
896,079
r27,756
25,000

164,000
13,750
58.250
80,000
22,000

879,000
83,000
91,500
94,000
67,000

361,000
69,003
190,500
105,000
57,000

870,000
134,750

907,500
1,948,783

UaltedStatesexpoitsco-day

Baet Indian, Brazil, <»<;.—
Liverpool stock

London stock
Continental stocks
India afloat for Europe
Egypt, BrazU,&c„ afloat

*c

ct»
....Ii-;i3
... 11-21

80,200 total April.

For May.
800
1,900
1.900
3.901)

•.800
S,309

551,000
377,000
574,000

185,760
180,000
37,000

343,f 00

567,503

2,341.941

.-2,403,946

782,500
2,219,835

Totalvlslble supply. ...bales. 2,692,941
PrlcelUd, Uplands, Liverpool,.. 6Xd.

2,971.446

3.0.32,335

2.856,S8S

6 7-16d.

7Ji®7Xd.

fiJid.

At thb Intbrior Ports

n-2;
1121
U-31
U-8)

—that

movement

is

the reseipta

—

statement:

Week

ending Feb.

8,

Feb. 9 1877,

i

Anmsta, Oa

3.468

4.56:3

20,870

Columbus, Qa
Macon, Ga
Montgomery, Ala

1,154

1,810
1,219
2,858

l'),148

501

Week ending

1878.

Receipts. Shipments. Stock.

Receipts. Shipments. Stock.

661
10,7i9
1.768

2,975
1.555
8,306
456
471
11,361
1,103

11,638
9,434
7,794
6,182
4,079
52,163
7,454

98,794

3,863
1,323

819
497

l.-JOO

8,!543

Nasbvllle, Tenn...

13 516
2,041

11,112
1.763

7.672
15,577
7,173
66,674
7,302

Total, old ports.

23,483

26,158

143,816

19,543

20,864

Dallas, Texas
JolTerson, Tex.(«iO.

710

860

asi

183

8i7

2,500
8,765

2,800
4,137
9,154

2,141
3,;oo

8,80)
4,SS0
5,348

2,!fc«

484
690
185

1,113
1.865

10.100
5,o;a
4,081
8.219
3,600

.

Selma. Ala
Memphis, 1'enn

Sbreveport, La
Vlcksbnrfj.Mlss

1,577

8,4.11
71)0

763

72)
204

1,11-3

1,649
1,800
1,543

2,555
1,163
1.573

St.Lonis, Mo.

7,r.65

6,6114

Olnclanatl,

5,693

5.105

84,583

35.694

Ga
Atlanta, Ga
Rome, Ga.
Charlotte,

Total,

(ett.)....

N.C

new ports

11-31

ll'»]

the

and shipments for the week, and stock to-night, and for the
corresponding week of 1877 is set out in detail in the following

11-3)

>.3fiO

•10

308,750

lOO

.910

|

1,211,E0«

Qrlffln,

11-0)
100 l.n. 5lh..I'.'03

Nov.

total

412,500

U-Sl

1101

11-01

1,274,500

200

U-O)

DO

;i-0O
li-OJ

371,500

CoInmb's,MisB(wf.)
Bufanla, Ala

1(0

30)
2UI
lU)

1,234,5C0

U-3'

IWs.n

tatsl Oct.

For November.

3:6,350

11-31

«0

ll-U

865,000

1.200

'.114

IIJU

I.OJO

Aug.

3,600 total

700 .

Total European stocks
(ndlacottonafluat for Europe....
American cotton afloat for Europe

2.-20O

11-15
11-11
11-17
11-18
11-19
ll-ai
11-21

11-36

Total continental ports

5.600
2.300

For April.

800
400

Stock at Marseilles
Stock at Barcelona
Stock at Hamburj!
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Anfif erp
Stockat other continental ports..

11-28
11-40

4.600
4,100
l,40D

11-51

StockatHavre

1131
'1-a

i:im

400

Total Great Britain stock

....11-2?
.11-21
11-21
11-3)

r,-o«
I1-U7

lOi)

Stock at London

5.400
7.000.

103,500 total Marc)!.

WU
2tO
900
800

8toc«at Liverpool

11-20

too

1.100
11-48
11-19
11-30

U-U
ll'li

as made up by cable and
continental stocks are' the figares
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
broughtdown to Thursday evening; hence, to make the totals the
complete figures for to-night (Feb. 8), we add the item of exports
from the United States, including in it the exports of Friday
only:
1878.
1877.
18:6.
1875.

900
2,800

.

11-53
11-59
11-57
11-39
11-91
11-65
11-66
11-63
ll-6»

it-oi

100
100

Thb Visiblb Supply of Cotton,

....U^l

..

1154

'210

-..11-47

telegraph, is as follows.

....11-23

'.100

»00
400

100

20)

S|-2)pltocxoh. 700 March for May.

S,41I0

400
300

tout Sept.

The following exchanges have been made during the wsek

4.30t'

Il-:5

SOO

li-«8

For October.

1,100
100

5U0

U-M

100

iw

For Angast.

For July.
^or June.
6110

ot*.

ror September.

total July.

6,7U(J

»10

U-H

.

600

May.

l.SWI

500...

JM

11-58
11-51
11-5^
11-51
1I-J7

17.900 total .June.
i7,lit«

....11-2!

11-5
...

18)
iU)
too

ii-ii
ll-5i

2.400
1,700
700...
2.3J0
800

Il-il
11-42

9.100
700
60U

u-05
Il-m

11-39

11-89
11-40

.11-10
11-17

9.!II0

N300

Il-f«

erles.

3.58,800 bales (all

till

1.900

bale*.

with 1875.

Dellv.

57.600
41

7,040

bales.

11-48
...11-50

et«.
.11-57
11-90
11-91
11-92
11-93
11-64
11-99

These figures indicate a decrease In the cotton in sight to-night

Sales.

1,739
1.1:6
1.183

is

IW

of 278,505 bales as compared with the same date of 1877, a
decrease of (539,394 bales as compared with the corresponding
date of 1876, and a decrease of 163,3-13 bales as compared

10 5-16 llO 5-16

....

1,5011

3,100

Total Bast India,
Total American

8X

33^

50
49

,

6th

7

FrI.
FO. 8.

10 13-16 10 I.i-I6 10 15-lf 10 15-16
11 3-16
11 8-16 r. 8-11
11 3-'6
11 9-16
11 S-16
9-15
11 9-16
11 13-16 ISX
11 13-16 IIM

10 i-:6

497

11-04

200
lU)

8.M»

Feb.

800
700

88

bales,
400

300.

lOX

Th.

FrI.

7.

cts
11-49

Ill)

l.flOO

11

U

•20

li.rjo
12.310
4.800
1.70O

aus.n

10%

11 3-16

8X
9X
9X

1,149

no notice

6.

3-16 11 3-'.6
9-.
11 9-16 11 9-16
11 13-16 11 13-16 U 13-16 11 13-U
12 5-16 12 5-16 12 5 16 12 3-16
12 13-16 12 13-16 12 13-16, 12 13-16

Feb.

1.

40

c's.
11-03

l.KJO.

Feb.

8X

85^

lOX

11 3-16
11 9-16

and the following

bsles.

5.

to lS-16 10 15-16 10 13-16 10 15-16

19
9
20

lo-jr
10-33
in-»»
IC-99

JOO

Feb.

Tnes AVed. Tb.

to 5-16

..11-97

,200

6.

16
9 7-16
9 ;-i6
1 13-16 9 '.3-16 9 13-16 9 ;3-!6
10 5-lC 10 5-16 10 5-16 10 5-16

!0«

1,000
a27

lOOs.n. llih.lO'Ji
900 S.D
W»5
llBs.n.7tli..lO-a3

9-16

13-16 11 13-1
12 5-16 12 5-16
12 13-ls! 12 13-13

H

9 ;-i6

forward delivery, the sales (including

700
lai

U
U

11 8-;9
II 9-16

AI7D SALES.

have reached during the week

bales.
cct.
aiXJsn. 9ih..l ISO
100
l.-il
200 s.n
10-92
10-92
600
UOs.n. lltb.10 93
10-.3
BOO
800
lli->l

4.

10 15-16 10 13-16

Con- Spec- Transump. ulat'n sit. Total.

Ex-

Cloaed.

•

Feb.

lOX

11 3-l«

BALKS 0? SPOT AJTD TRANSIT.

Spot Market

the basis of middling),

Feb.

9 13-16
10 5-16

8X
•H
9X

.

sales and prices
For February.

2.

10%

10 15-16 10 15-16
11 3-16 11 3-16
11 9- -.6 11 9-16
11 13-16 11 18-16
12 5-16 12 5-16
13-16
12 18-16

9

lOX
lOH

5X

Middling....*.

wo

10«

Feb.

8.

18-16 10 13-16
1-16 11 I-!6
7-10 11 7-16
11-16 IIX
3-16 121<
Il-lt 12V

Fob.

eood Ordinary
Btrlct Good Ordinary..

{"OT

Sat. Jlon.
Feb.

8X

8X

lOX

Low

Middling

4.

9 7-16
9 7-16
9 7-16
97-16
9 13-16 9 13-16 9 13-16 9 13-16
10 S-16 10 5-16 10 5-16 10 5-16

ITi.

Sat. ITIon.

Low

Feb.

8V

U
n

9 3-16
9 11-16 9 9-16
Btrlct Good Ord'ry. 10 3-16 lOii
.Middling
10 X
lOX
Btrlct
jflddl'g 10 13-16 10 13-16
Middling
11 1-16 11 1-16
eood Middling
11 7-11
11 7-16
Btrlct Good Mlddl'g
11-16

•"ddling Fair...
^'

6.

9 5-!6
9 5-l«
9 5--,6
9 5-16
9 11-16 9 11-16 9 11-16 9 11-16
10 S-l« 10 3 IS :0 3-16 10 3-16
IDS
lOX
ICX
\0'A
10 13-16 10 13-16 10 13-16 10 13-16
1-16
1-16 11 1-16 11 1-16
7-11 11 7-lS 11 7-16
11 7-16
U-16 11 U-IJ 11 11-16 11 11-16

Feb.

Low

Feb.

5.

»%

8H

rii.
Ordinary
fi b.
Btrlct Ordinary
good Ordinary

2.

Taes IVeO. Tues Wed. Tnea Wed.
Feb.

Feb. 3

Btrlct

FOJ.

8X

» 5-11

Ordinary
V n.
Btrlct Ordinary
eood Ordinary

Man.

Sat. nion. Sat.
Feb.

1

95-16
9 5-16
9 5-16
fiood Ordinary
9 ll-lcl 9 11-16 9 11-16 9 11-16
Blrlct (i.juU Ord'ry,
10 3-16 10 3-16
i-'.6 10 8-16
1.0W .Middling
lOX
lOK
lox
10i<
Btrlct
Mlddl'g 10 13-16 10 13-16 10 13-16 10 13-16
MIddlInK
11 i-;« 11 1-16 11 1-16 11 1-16
eood MIddlInK
11 7-16
11 7-16 11 7-16 11 7-16
Btrlct OooU .Mlddl'g 11 ii-ie 11 11-16 11 11-16 11 ll-lo
Middling Fair...... 12 3-16 11 3-16 12 3-16 12 3-16
Fair
11-16
li 11-lt 12 11-16 12 11-16
12
Btrlct Ordinary

ORLEANS

N.

bales.

cts.
11-38

;

—

146

Total,

all

53,068

898

61,852

la.ffjs

6,85)
5.0

4,485
1,F42
11.686
4.200
1,603
36.917
6,415

240.708

7,742
5,6<in

1,168

829
884

937

697

l.C4)6

8,414
5,818

1,427
9.283
3,536

S9,4«S
15,895

S3.il3

31,465

80,47«

51,755

M.789 17»,9M

969

MiS
'•£5
BM

THE CHRONICLE

146

The above totaJs show that the old interior stocks have
decreased during the week 3,675 bales, and are to-night 45,022
The receipts at the
baleB more than at the game period last year.
same towns have been 3,940 bales more than the same week last
year.

Weather Reports by Telegraph. — Considerable
and

fallen during the week,

in the

rain has
southwestern section crop

preparations have consequently been delayed. But farm work
generally is fairly advanced for this period of the year.
have had rain on one c&y, a shower,
Galveston, Texas.
during the week, with a rainfall of ninety-ti^o Imndredths of
an inch. Active preparations are being made for the next crop.

—We

41 to 64, averaging 53.
It has rained hard on two days this week,
Indianola, Texas.
the rainfall reaching one and fifteen hundredths inches. Farm
work has been hindered. Average thermometer 54, highest 68
and lowest 41.
Corsieana, Texas. There has been hard raiu here on two days of
the .week, interrupting crop preparations, and dry weather is
wanted. Average thermometer 46, highest 66 and lowest 33.
The rainfall has been two and twenty-two hundr.'dths inches.
It has rained here on two dayt>, but as the
Dallas, Texas.
veek closes there has been a favorable change in the weatlier.
have
Average thermometer 45, highest 65 and lowe t 33.
had a rainfall of one and forty-five hundredths inches.
dep'h
of
two
dayi>,
a
to
Brenliam, Texas. Rain has fallen on
one and seventy hundredths inches. Work has been interrupted
in black lands, but is activ-< in upland.". Average thermometer
55, highest 68 and lowest 44.
have had rain on one day this
New Orleans, Louisiana.
week, the rainfall reaching two inches and thirty hundredths.

—

CoMP-^RATivE Port Receipts and Daily Crop Movement.
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
We have consequently added to our other standing
month.
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.

A

PORT RECEIPTS FROM 8ATURDAT, PEB.

New

The thermometer has ranged from

—

—

—

Wo

Days

an

20,000
82,343

Thursday....

7,StS

1,253

1,418

1,490

1,499

1,839

,S60

1,034

16,653

Friday

6,953

1,360

1,240

2,102

819

1,015

449

8,865

22,806

68,8511

15,559

9,288

12,307

11,276

9,175

1,947

18,934

137,138

—

heiijht of the rivers at the points named at 3 o'clock
give last year's figures (Feb. 8, 1877) for com

We

Abo^ve low-water mark
-\bovelow-wat(ir mark
Naehville
Shreveport. ...Above low-water mark
Vickebure..,. Above low-wttter mark

Memphis

New

—Feb.
-

,

Feet.

8
2

7
16
10

11

Vl

31

6

—

8.
'

19,795
35,541

S,144

—

!)

1,764

2,499
2,623

—

ich.

135

61Q

335

—

78.^

J

l,7il

145

—

-

1,83

3,826

1,670

—
—
—

-

1,117

2,899

1,103

lowest 33.
8elma, Alabama. It has rained on one day this week, and we
have h id a killing irost.
Madison, Florida. Telegram not received.
Macon, Georgia We have had raiu on two days this week.
The thermometer has ranged from 30 to 60, averaging 50.
Atlanta, Georgia. It has been misty two days, the rainfall
duiing the week reaching ten hundredihs of an inch. The tliermometer has averaged 41, the highest being 50 and the lowest 33.
Columbus, Georgia. During the earlier part of the week the
weather was clear anrt pleasant, but it rained [severely one day
the latter portion, the rainfall reaching one and twenty-nine hundredths inclies. The thermometer has averaged 48.
Savannah, Georgia. We Lave had rain on three days, the
rainfall reaching seventy-seven hundredths ot an inch, and the
rest of the week has been c!oudy. The thermometer has averaged 51, ranging from 38 to 64.
Augusta, Georgia. The earlier part of the week the weather
was clear and pleasant, but during the latter part it rained heavily on two days, the rainfall reaching eighty-eight hundredths of
an inch. Abuut ninety per cent of the cro.) in this section has
been marketed, ami planters are sending cotton forward frei-ly.
The thermomettr has averaged 47, the extremes being 3i and 61.
Charleston, South Varolina.
It lias been showery three days
during the week, the rainfall aggregating eighty-three hun
dredths of an inch.
Average thermometer 50, highest 61, and
lowest 39.
The following statement we have also received by telegraph,

6
21
15
2i

1,786

2,482

2,697

—

.-Feb.
Feet.

),364

4,439

1,819

—

. .

3,659

2,168

—

Hew Orleace Below high- water mari

Total.

1,864

—

parison:

All
others

1,013

with rain on Thursday. The thermometer has averaged 51, the
highest being 75 and the lowest '26. The rainfall for the week
has been twenty -two hundredths of an inch.
It has rained on one day ot' the week, the
Nashville, Tennessee.
The therrainfall reaching twenty-five hundredths of an inch.
mometer has averaged 38, the highest being 46 and the lowest 31.
Memphis, I'ennessee. It has rained on three days of tlie week,
but the remaining four days have been pleasant. The thermometer has ranged from 30 to 53, averaging 40. The rainfall is one inch and forty-two hundredths.
It has b en showery one day, with a rain
Mobile, Alabama.
fall of seventy-four hundredths of an inch, but the rest of the
week has been pleasant. The thermometer has ranged from 30
to 61, averaging 46.
Montgomery, Alabama. Wo have had a rainfall this week ot
sixty-five hundredths of an inch, rain having lallen on two days.
The thermometer has averaged 45, the highest being 84, and the

;.

ton,

i.rii

—
—

Feb.

folk.

821

45, highest 63 and lowest 33.
Columbus, Mississippi. Telegram not received.
Monday and Tuesday last were clear,
Little Rock, Arkansas.
but the remainder ot the week has been cloudy and dis igreeable,

sKowing the

ton,

4,308

Average thermometer

inch.

bile.

6,£69

47.

ot

Wilming-

11,475

—

hundredths

Nor-

Wednesday..

In consequence of unfavorable weather,
Shreveport, Louisiana.
Prospects are
preparatiens for planting h .ve been interrupted.
lather gloomy. It is to be hoped that work will soon be reBUmed and, with greater activity, confidence be restored. Average
thermometer 35, highest 65 and lowest 33. The rainfall has
been one inch and twenty-one hundredths.
It has rained on two days, with a rainVicksburg, Mifsistippi.
fall of thirty-'hree

ves-

TS.

8,150

Tuesday

—We

—

Char- Savanleston nah.

8,

17,064

Saturday

Monday

TO PRIDAT, PBB.

2, '78,

Gal-

Mo-

Orleans

Of

week.

—

The thermometer has averaged

[Vol. XXVl.

7/.—
10.-.I.

2
5

U

—

Orleans reported below bign-water mark of 18V1 until
Sept. 9, 1874, when the zero of gauge was changed to high-waitr
mark of April 15 and 16, 1874, which is 6-10th8 of a foot abo\6
1371, or 16 ffiet above low-water mark at that point.

Total.

The movement each month
follows

since

September

1

has been as

:

Tear beginning September

MontMy

1.

Seceiplt.
1874.

1873.

isri.

116,-J65

184,744

610,316

355,323

444,003

740,116

570,103

630,153

787,769

821,177

811,683

554,975

68!>,'-10

500,68)

637,067

703,163

669,430

Total, Jan. St.. 3,089,246

3,101,969

2,977,753

i,560,517

2,253,505

76^82

71-05

1876.

1875.

93,491

S36,869

169,077

578,533

676,560

6-:2,493

9D1,392

900,119

1877,

September
October

November

,

December,.
January

Percentage of total port
recei|)ta

Jan. 31

61-71

67-31

This statement shows that up to February 1 the receipts at the
ports this year -were 12,733 bales less than in 1876 and 111,498
bales more than at the same time in 1875. By adding to the

above totals to February 8 the daily receipts since that time,
we shall be able to reach an exact comparison of the movement
for the different vears.

Total Jan. 31
Receipts Feb.

.

.

1

Receipts Feb. 2
Receipts Feb. S
Receipts Feb. 4

Receipts
Receipts
Receipts
Receipts

Feb.
Feb.
Feb.
Feb.

Total Feb.

Per

ct.

1877-78.

1376-77.

1875-76.

1874-75.

18:3-74

1872-73.

3,089,246

3,!01,h69

2,977,753

2,530,727

2,560,5:7

2,2;3,-?05

23,495

23,46'i

20,601

11,093

S.

19,795

22.487

20,117

17,15)

SS,.351

S.

S.

28,011

55,710

15,filU

21,172

27,557

17,999

35,541

S.

17.084

16,721

24,631

21,661

6

20,000

28,732

19,076

21,174

15,507

17,658

6

£-2,343

-25,353

S.

14,3.57

23,482

14,317

7

10,653

17,146

20,312

S.

18,911

21,336

8

8.

2i,806

19,637

26,011

27,461

3,251,879

3,286,803

3,126,690

•2,674,283

80-90

of total p<)rt receipts

74 -CO

22,286

S.

2,700,614

76-47

2,396,lf7

65-62

70-99

This statement shows that the receipts since Sept. 1 up to
tonight are still 11,934 bales less than they were to the same
day of the month in 1877, and 138,189 bales more than they
were to the same day of the month in 1870. We add to the last
table the percentages of total port receipts which had been
received February 8 in each of the years named.

—

Bombay Shipmbntb, According to our cable despatch received
t)-day, there have been 6,000 bales shipped from Bombay to Great
Britain the past week, and 33,000 bales to the Continent while
the receipts at Bombay during this week have been 31,000 bales.
The movement since the Ist of January is as follows. These are
the figures of W. Nieol & Co., of Bombay, and are bionght
down to Thursday, Feb. 7;
Tteceipts.
,-Shipm'l8 this week—n r-Shipments since Jan. 1.—,
This
^lace
Great
C;)UGreat
ConTotal.
week.
Jan. 1.
Britain,
tinent
Total.
Britain, tinent.
;

—

.

1878.
1877.
1876.

.
.
.

6,0iTO

-23.000

R.COO
16,003

1-2,000

1,000

2S,000
9,000
23,0.0

Sa,003
41,000
38,0J0

8J.0OO
16.000
33,000

87.033
57,000
71,0u0

81.000
12,000
21,000

—

145,750
104,000
lOJ.OOO

From the foregoing it would appear that, compared with last
year, there has been an increase of 30,000 bales in the week's ahipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 30,000 bales,
compared witti the corresponding period of 1877.

—

Gunny B.^.G8, Bagging, &c. Bagging has been in fair request during the past week in fair-sized parct-ls for jobbing
wants, but in a large way tiiere have been no transactions.
Prices are ab->ut steady, at 10i@10|c., with offers for lots at a
shade less. Butts are beconiin<r reduced in stock and at the
moment only comptiaes about 5,000 bales. The demand is still
fair for small parcels, and piices for fepo lots are ruling steady,
holders asking 3|g)3 15-lOc. c.iish, and several parties quote 8c.
Advices from Calcutta cntl-.ua to quote a strong market and
small shipments.
.

FxBac&mr

THE CHRONICLE.

1878.

9,

147

Thr Bilports op Cotton from New York this week show an
iDereue, as compared wUb lant week, the total reaching 11,07'^
Below we give our usual
baiea, against 0.50(1 bales last week.
table showing the exports of cottun from New York, and their
direction, for each of the la.st four weeks; also the total export*
and direction since Sept. 1, 1877; and in the last column the total
for the same period of the previous year:

Below W8 give all news received to data of disasters to vessels carrying cotton from United States ports, Ac.

Bxportaof OottonCbaleairramNeiv VorlX»l.nceSeDt.Ii I87T

wsn niDnio
Jftn.

Jan.

16.

a.

Uverpool

Feb.

Jan.
30.

date.

New

JuriTKB. ship

6.

7,913

7,187

6,608

10,967

168.875
1,585

7,91;!

7,187

6.506

10.907

170.160

219,892

363

S,(,7i

5,109

363

8,788

5,109

100
837

11,878
2,456
8.840

9,148

337

JS,ir4

12,960

OUiarUrltlah Porta.

M,

Oes.

813,749
7.113

period
prov'nt
year.

to

ana'.; In the lower pari of the Ataehafnlaya,
La., at 5 A.
Feb. .3. and sunk within an hour. The boat and cargo,
rained at about |1(1.0(10. arc reported to he a toUl Iom.
Babk««, sir.. Ctieesemm. from Savannih for Naw York, when off Winter Quarter Shoal Light. Feb. 2. broke her piston head, cylinder bottom,
and bent piston rod. She drifted about until 10 P. M. of the 4lh, when
she w.i8 fallen in with by elBimorOulf Stream, from
York for

Wllmlngion. N. C, and lowed Into Norfolk Jan. 5. The 0. B. arrived
at Norfolk the same day for repairs.
11. LivisosTON, str., Dajigoit, at New York Jan. 81, from Savannah .Jan. 27,
was towed on by steamer City of Savannah, ttie shaft being broken.
She was on the Balance Dock at New York, Feb. 5, being caulked and
overhauh'd
Barihs Bkotusrs, ship, from Norfolk for Llverpoel. which waa injured by
culiision wiih steamship Ponce (Sp.) in the River Mersey, has been
floated off Now Ferrv beach and has been docked at Birk'-nheid. She
has sustained conaiacrable damage to bows and bad dve leot of water la

Same
Total

zrOBTSD TO

LEssia Tati.ok, str„ struck a

hold.

Total lo Gt. Britain
Havre

393

Other FroQcb porta.

115

Total French...
Bremen and Baoover,

no

Hambarg
Vther porta

Total to

557

Europe.

IT.

630

58?

a.Siii

(N'or.1 Jacobscn, from New Orleans for Antwerp, which pat
Into llavana, January 5, erroneously reported with coihpLeses out of
order, did not proceed for destination as stated. She put in with p impa

choked and chronometer disarranged, and on the 26tta had discharged
part of her cargo to clear pumps, had chronometer aet, reloaded, and
would shortly sail for destination.
Rock Tebrack, ship (Br.), Fletcher, at Liverpool Jan. 2i, from New Orleans,
dragged her anchor in the River Mersey, during a gale morning of Jan.
2;), aud was towed into a place of safety by the lug Spindrift; agreement
£J00.

1,686

pata,Oporto*aibraIUrAc
AUothera

SOO

Total Spain,

200

&o...

Jennie Swbkmet, bark, 648 tone, Hudson, from Galveston January 21, with
2,20i bales cotton, of and for Philadelphia, is ashore on Matompkin
Island, Virgin'a. The BaktT Wrecking (Jompany of Norfulk has deapatcl'ed a steamer and schooner to her assistance.
LuBBA, bark (Nor.). Natvig, at Liverpool Jan. 21, from Wilmington, slipped
anchor and 75 fathums of chain off Crosby, and waa towed into the
river.
C.

Orand Total

8.571

8.072

6,SC6

197,428

11,673

83S.161

from Mobile for Amsterdam, which put into St. Thomas,
has been condemned, and was to be sold at public auction on Jan. 83.
£1,200 had been asked for on bottomry, fcut only one tender at 84
per cent was made. It was declined. The Vifein.ff ha^ been chartered
to lalcc forward the cargo of cotton; terms not made public. The
Swedish hark Zacharias and the bark Gertrude tendered for respectively
£774 and £317, but were not accepted.

C. CoLsoN, brie,

Some

The following are the receipts of cotton at New York, Boston_
Philadelphia and Baltimore for the past week, and since Sept. 1.'77'.

mW TOBK.

ucx'Ta rnox

This
week.

Hew

Orleaoa..

FHZLADKiP* lA

Sept.

1.

Texas

5.105

Bavannah....

:,3»8

101,6J8
46.6«2
108,079

397

i'.ixa

MobUe
Florida
S'th Carolina
Wth Carolina
TlrslQla
Honb'rn Portr
Tennoseee, Ac
Foreign..

4.501

3.908
2.844
6.6.14

f2S.IIO

BALTUIOBX.

Tbia Since Thla Since Thla Since
week. Septl. week. Septl. week. 8ept.l

Since

1,926

'87?

9,064
6,6'M
23,450

The weekly movement

were American.

877

74:

629
1,579
2,883
3.694

65,.390

is

giren as

lollows
]i232
16,358

41..332

617
839

61,666
61,698

I,8S6

20,1;8

1,577

12.624
15.558
31,295

350

4',4S:

2,493

Total tbll year

33,7S4

600,855

10.959 112,039

2,263

37,768

4,130

06.196

Total laat year.

26,764

70'!,03«

lO.lM 183.701

2,23?

38.33i

2,125

84.803

Shippino News.

were

Jan.
Sa'ea of the

week

— The

exports of cotton from the United
States the past week, as per latest mail returns, have reached
128,319 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
Thk Chronicle last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.

N»w ToBK— To

Liverpool, per ateamcra Adriatic. 1,219 ...Baltic, 1 111
... Oaledotils, 110.. .Cliy of Chester, 1,087. ...Wiaconstii, 1,111
^.. Egypt. 1.801 ..Abyssinia, 1.0i7...pereliip9A88aye, 1,8)3 ...
Washington, l.:l,53.... per bark Hera, 300
10 967
'"
ToHnv.-e. per steamer France. 863
"seg
To Bremen, per steamer Oder, 103
'. [
lOo
To Hamburg, per steamer Wleland. 237
Mlw Orlbans—To Liverpool, per steamers Amy Dora. 3,484 .drchi'?' 237
.3.:!)6 .. St.
Louis, 3,i-20.... Andean, 4,560 ...Muriel, 1.650
Legislator, 4.:W5 and 28 bags seed cotton... per ships Western
Empire, 6,4:0. ...Kndymion, 5,015... Arddnlea, 4,760. ...per bark

Sales -American
of which exporters took
of which speculators took

Totalstock
of which American
Total import of the week
of which American
Actnal ixport
,

Amount

Feb

25.

44.000
7,000
30,000
2,000
1,000
415.000
289.000
107.000
92,000
6,000
sss.ono
365,000

2-33,000

7),000
62,000
8,000
415,000
386,000

afloat

of which

Jan.

13.

62,000
7,000
42,000
3,000
2.0)0
332,000

bales.

Forwarded

86.624
40.943
129.781
11.320

.

— Estimated

1,000 bales
6,000 bales

8—

Bt Cable fbom Livbbo;00 P.M.
sales of the day were 8,000 bales, of which
for export and speculation. Of to-day's sales

LrvERPooL, February
POOL.

Feb.

1.

8.

54.000
13,000
40,0C0
4,000
2,000
535,000
371,000
58,000
48,000
5,000
345,000
312,000

.51,000

10,000
39.000
3.000
1.000
511,000
371,000
140,000
129,000
4.000
317,000
283,000

American
table wUl show the dally closing prices of cotton for the week
Satnr.
Mon.
Tnea.
Wednea. Thnra.
Frl.

The following
S)^.

©6

Mid. Upl'da

3-16 ..(a6!<
@t) 7-16 ..©6^

Mld.Orl'ns

..(SOV
..&hy,

..(a6V
..®5>i

..@6V

..(A^H
..®6!4

..(l^)i

Futurtt.

These

aalea are

on the baala of Uplands,

Low Middling

clause, imless other-

wise stated.

Satubdat.
Mar.-Apr. sbipm't, aail, 6 9-32d.
Feb. delivery, 6Jifd.
Mar.-April delivery. 6K@3-32d.

Feb.-Mar. delivery, 6Xd.
Mar.-Apr. delivery, 6>i@5-32d.

May-June

delivery, 6 7-32d.
June-July delivery, 6Xd.
Jan.-Feb. ahipm't, new crop. Bail,
6 3-lSd.
Feb.-Mar. shipment, new crop, eail,
6 3-16d.

Apr.-May delivery, 6 5-32d.
May-lune delivery, 6 3-16d.
July-Aug. delivery, 6 9-33d.

.'

. .

Guah

Ida, 2,b47

ToHavre. per ships Commerce. 4,552... Scotia.
8,788. ...Riverside, 4,770
3,ST2

40 106

...John Clark,
Uerculea, 4,424 ...Agnes Sutherland,
4..321

To Rouen, per bark Andreas Rus, 528
To Bremen, per ships Australia, 2.038. ...Clara,
4,536

.

!.'

8 089
s'ocO
654
198

•

''^

_

l"600
"

2 5^0
2'50i1
'

'"•

these shipments, arranged in onr usual

are as follows

|i«rYork.lo'"96"7

"".?&"•"

«. Orleano.40.IO<5
Mobile .... 4.7C0

16,035

Charleaton. 2,510

8,500

Savannah

TexM
Baltimore..

....

"T
2,c6o
....

.".

Total ..75,199

SO.OU

'.'.'.'.

Vera

""«•

Cruz.

"m

"m

8.6IB

..„

....

»<»

l.Ui

96i

P»1«"-

Gib-

1.450

8^353
9,487

6,437

Boatoa

m'"''"!'"?-

8.089
l.tOJ

and

'<6i

13,98:1

1,450

2,000

i,8«

"364

1»3

salli

6 3-16d.

Wednesday.
Feb.-Mar. shipment, aail, 6 3-lCd.
July-Aug. delivery, 6 9-32d.

Fob. delivery, 0)i'a5-32d.
Feb.-Mar. delivery, 6Xd.
Mir.-Apr. delivery, 6Xd.

Feb. delivery, 6Xd.
Mar.-^pr. delivery, 6}id.
May-June delivery, 6 3 16d.

Apr.-May delivery, 6 5-32d.
May-June delivery, 6 .?-16®7-32d.
June-July delivery, 6 7-3J®)td.

TrOBSDAT.
May-June

Feb. delivery, 6 3 3Sd.
Feb.-Mar. delivery, 6 3-3?®t-16d.

delivery.

6,V®3-35®Kd.

June-July delivery, 6 5-32d.
Jan.-Feb.shipm't, new crop,
Feb.-Mar. delivery. 6 3-S8d.
Mar.-Apr delivery, 6 S-Md.

sail,

6>^d.

Apr.-May delivery, 6>id.
May-Jnue shipment, sail, iiii.

Feb.-Mar. delivery, 6 3.!>2d.
Mar.-Apr. delivery, 8 S-Sid.

Apr.-May. delivery, 6Xd.

Apr.-May delivery, 6>i®V32d.
May-June delivery, 6>»®5-;8d.
June-July de'ivery, 6 J-16®7-38d.

June-July delivery, 6 3-16d.
Mar.-Apr. delivery, 6>id.
Apr.-Muy delivery, 6 5.32d.

Jan.-Feb. ahipmcnta,

Barcelona

and Amater- Ant-

Apr.-May delivery, 6 5-38d.
May-June delivery, 6 3-l(Jd.

Fbidat.

Total.

Bremen

Apr.-May d. livery, « 3-16d.
Juno-July delivery, 6 9-3J®<iid.
June-July delivery, 6 7-3M.
Jnly-Aug. delivery, 6Vd.
Feb.-Mar. shipment, new crop,

.Mar.-Apr. delivery, 6 3-32;Sl-l6d.
Apr.-May delivery, 6X(3>2-8Jd.
May—Tnne delivery, 6 S-38d,
June-July delivery, 6 3-!6d.
Feb. delivery, 6 l-16d.
Mar.-Apr. delivery, 6 l-32®M6d.

^To

delivery. 6J^d.

Jaly-Aug. delivery, 6 ll-3235-I6d.
Feb.-Mar. delivery, 6 5-32d.
Mar.-Apr. deliv'ry. 6 5-32d.

TUISBAT.
Feb. delivery, ^<ii.
Feb.-Mar. delivery, 6iid.
Mar.-Apr. delivery. 6,^d.

,j.j5

per brig Amalia. 495 Upland ..
To Palma de .Majorca, per bark Providentia, 450
TaxAi
us—loLiverp ol per ship N. and K. Gardiner, Upland
5,303.... Dor barks
As'yrii, 8,517 .. Aieudal. l.Bn
.
To Flivre. per brig Ilttam Abiir, 1,121
BALTmoBB-To Liverpool, per steamer Polynesian,' 968. ."."'..'.'.*""""
Lremcn, per steamer Kron Prlnz Frledrlch Wllhclm, 601 '.'.' "
«0STOn—To Llverpaol, per atcamers Iberian, 2,937.... Bohemian,
8,500

navre&

1

j

4 700
1 '450

1^0

Liver-

7-32a^a7-33d.

6

delivery, 6 9-32d.

25 527

'.

To Palma de Majorca, per bri? Fmnciaco 42i'0plVnd
Satan.nah— To Bremen, per bark Maria Stoneman, 3,353 Upland
Barcelona,

The pcrticulara of

May-June

'688

^

__

Apr.-May delivery,

I

Jane-July delivery, 6 5-16d.
Mar.-Apr. delivery, 6 3- 16a.

1,455 ...Canova,

To Antwerp, per steamer Gilsland, 3,000. .......... i.'. ... ...".'.
To GIbraltir, per brin Henrike, 854
To Vera Crnz. p< r "teamer City of Mexico, 198
[
Mobile— To Liverpool, per ship Ben Nevie, 4,700
To Bremen, per bark Admete, 1,600
.".'"'
To Amsterdam, per schooner Fred A. Carle, 1.450 ...
CHABLKSTON-To Liverpool, per bark Osmond O'Brien, 2,.37; Upland
"^
and 163Sea Irland
To llavfc, per bark Florence Treat, i'sod Upiand
To Barcelona, per barks Espana, 1.775 Upland.... PorrenirVl. 450
Uplanl

'

HONDAT.
May-June

Fih. delivery, 6 3-1Cd.
Feb.-Mar. delivery, 6 3-I6d.
Mar.-Apr. delivery, 6 3-16®r-32d.

new

May-Juno

crop,

Bail

11,678
77.302
7,760
8,686
4.29S
10,608
1,868
6,437

U8,)l>

Feb.-Mar. ebipment,

eail. 6

•

-Liverpool.'

Steam.

Sail.

d.

— ®V

—Ay
T leaday. —^'i
Wed'day. —®J<
Thor'dy.. —@tf
Monday..

Friday...

delivery, 6 5-32d.

3-16d

—®!4

d.

comp
!4 comp
X comp
X comp
H comp
a comp

j^

as follows
.— Hambarg-^
Havre.— —^Bremen.
—
SaU. Steam. SaU.
Steam. BaU. Steam.

week have been

Cotton freights the past

Batnrday.

May-June

.lune-July delivery, 6 7-33d.

6 5-32d.

ToUl.

delivery, 6}id.

_,

s

^

11-13
11-16
11-16
11-16
11-16

.

c

c.

cp.

cp.
cp.
cp.
cp.
11 18 cp.

K comp.
comp.
% comp,
% comp.
% comp.
H comp.
'H

e.

THE CHRONICLE

148

LVoL.

BRE ADSTUFFS.
Fbidat, p. M.. Feb.

The flour market was
day, when the report of

bnsb.

Same time
Same time
Same time

1877.

..

1876
1875

WEEK ENDED

at 7oc. for

prime No.

At-»

Boston

19,793
1.000
8,873
10.691

Portland
Mratreal
Philadelphia
Baltimore
New Orleans

Saperfine State
ern

&

«

Same time
Some time
Same time

No. 28pring
No. I spring
Red Winter

4 103 4 60

Srtra State, &c
6
Western Spring Wheat
extras

doXXandXXX

dowlnter X and XX..
do Minnesota patents..
City shipping extras.. ..
City trade and family

brands

00^5

25

4 OO® 6 .35
6 60 ci, 6 75
6 15(^ 6 75
6 50® 8 50
5 15^ 6 15

Oornmeal— Western, Ac.
Ootn meal— Br'wine. &c.

The movement

5 25:3 6
3 25a 3
8 4C.-a 2
3 10^ 3

60
85
60
15

1

32a
asa
34®
453

1

White

1

1

55^^
70j}

3ia
34a
80®
63^

State, 2-rowed
State, 4-rowed

Barley Malt^State

I

1

1,599,016

Corn,
bash.

Oats,
bash.

508.490
261,260
1,200

166,604
74,767

Barley,
bush. bash.
45.100
6,300

10,380

800
1,.'550

131,600
874,400
31,050

EO.3,400

33,500
8,000
20,745

38,C00

436,000
188,717

8,000
1,600

1.515,650
1,053.816
113,683

1,668,857
2,039,830
1,419,106

300,936
305,-71
354,192

79,400
69,172
106,264

13,880
13,434
27,116
69,846
127,113
39,038
3i,6Sg

8.225.349

5,95.3,935
676,66:)

1,099,793

670,1,-0

5,.5S2,0a7

!,16;),509

1,609,312
1,530,262

7,246,809
6,358,912

1,266,896
1,45S,661

30 J, 8.36
790,810
203,477

Wheat,

Corn,
bush.

1,822,383
3.800
628,316
1,380,916
856,741
886,911
69,394

7a6,:j00

36,500
8.12,271

679,767
325,097
6,013

314,800
5,907
820.000

39,'.,20D

330,097
690,u00
219,799
70,191
454,436
396,022
179.600

4:i9,770
329,:i83

1,510
124,150
783,750
39,790
41,260
72,181

3,9.35

19,009
99,112
b:i9,653

54:j,693
961, Ml

1,182,629
200,000

.

150,000

9.9:8,349
10.268,974
10,190,018
9,2.?0,6S9

9,691,790
10,191,121
.11,892,067 13,818,363

4,259,000 1,045,468

THE DRY aOODS TRADE.
Fkidat. p. M., Feb.

10
00

1

1,.321,083

521,1.39

Total
Jan. 86, 1878
Jan. 19, 1878
Jan. 12. 1878
Jan. 5. 1878
Dec. 89. 1877
Feb. 3, 1877....

70
60
85
1

817.490

[n store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia
In slore at Peoria
In store at Indianapolis
In store at Kansas City
In store at Baltimore
Rail shipments, week.
Eat. afloat In New York

58
76
io'A
40
97

6'>S,

Canadian
1 00®
Feas-Canada.bond&free
86^
breadstu
in
fSa at this market has been as
I

1,423

1,007,023
881,847

Cnstoreat Oswego...
In store at St. Louis

32
38
40
43
60

74,®
...

.

286,443
290,812
119,211
165,858

bush.

23

@

Rye
Oats— Mixed
White
Barley— Canada West...

5 753 7 00
.

flonr, saperflne

1

Amber do

—

f a-

mlly Drands
Sonthern shipp'g extras.

1

.30a

1877
1876
1875

New

1253 188

Corn Wesfn mixed ...
Yellow Western, old
Southern, yellow, new.

6 2513 6 50

Soatbem bakers' and

80a

1

165,891
135.327

York
[n store at
In store at Albany.
[n store at Buffalo
In store at Chicago
Afloat at Chicajjo
In store at Milwaukee
tn store at Dnlnth
In store at Toledo
In store at Detroit

1 State,

$1

14.3,671

follows

:

Wheat— No.3spring,bn8li

65

968,582
622,077
902,531
724,884

9-;

The Visible Bdpplt of Orain, comprising the stocks in
at lake and
granary at the principal points of accumulation
~
seaboard ports, and in transit by rail

Qraih.
42 SOa 3

bbl.

West-

1,897,117
1,140,168

....

80O

3,150

Total
Previous week

low grades weak.

No. S

41,755
70,038
41,623
23,600

bash.
908,100
70,100

19,701

Oor. week'77
Dec. 31 to Fob. 2....

;

are closing quotations

195,749
286,713
144,133
334,604

Wheat,

bbls.
80,4.J4

this price is quoted for Cunada in bond, but Western ruled
dull at 70@72e. Barley has met with some demand for export at
80c. for No. 1 Canada in bond, 62^0. for fair two-rowei State,
and 51c. lor Western feeding.
Oais were depressed and prices steadily declined, until No. 3
graded sold at 34c. for mixed and 34Jc. for white but in the
course of Wednesday and Thursday there was a recovery of fully
one cent from these figures. To-day, the market was quiet, and

Flodb.

297,694
479,119
237,113
279,821

AND SRAIN AT SEABOARD PORTS FOR THK
3, 1878, AND FROM DEC. 81 TO FEB. 2.

New York

and

TUe foliowing

4C0
8,050
2,400

FEB.

Floor,

as low as $1 23 for

trade dull.

good demand

9,450

.3,033,464 31.283,454 44,517.494 12,181,945 7,031,927 2,083.296
2,638,427 41,750,213 24,503,520 15,604, 3i8 6,436,018 1,380,594
2,993,353 89,176,635 23,933,319 13,317,156 4,669,617
860,600

;

;

in

38.87f)

36,400

Tot.Aas!. Ito Feb. 8.3,433,794 49,\;97,8S2 39.857,027 14.308,674 7,467,742 2,313,260

February and $1 22i@l 23 for March, with No. 2 Milwaukee
offered at |1 26, and No. I do. at $1 30, No. 2 red winter quoted
$1 31@1 82 choice amber sold at $1 37, and No. 1 white offered
at the same figure for arrival, and choice white state sold at
f I 40i@l 41. Receipts at the Western markets were about four
times as large as last February, and foreign advices were dull,
while speculation was weakened by the apprehension that in the
event of an early restoration of peace in Eastern Europe excessive
supplies would come upon the English markets from the ]31ack
Sea.
Yesterday, however, on the news from Europe wearing a
more belligerent aspect, and Liverpool reporting higher prices in
that market, there was an advance with Us of fully 2c. No. 2
Chicago sold at $1 25; No. 2 Milwaukee at |1 27@1 2Ti, No. 1
spring at |1 31, and No. 2 red winter was quoted at f 1 34(81 34i,
with sales for luture delivery at $1 24 for No. 2 spring, February,
and $1 2oi@l 26 for March. The close, however, was quiet
To-day, a further advance was asked, which checked business.
Indian Corn has been only moderately ac live, and yet prices of
new Western have latterly improved. No. 3 mixed, which sold
early in the week at 45c., closed last evening at 48c., and steamer
mixed, which declined to 54c., had recovered at the close yesterday to 55ie.; No. 2, on the contrary, has been cheaper, at 59@
59}c. on the spot, and 57i(g58c. for May, closing, however„at the
higher figures. The receipts at the West have slightly fallen
The supply o( new
ofl, and the general demand has improved.
Southern has been small. To-day, prices were ic. lower, and

Eye has been

3<I,2S3

140,.560
....

4,767,411
6,867,593
5,188,385
5,273,643

BBCBIFTS OF FLOOR

week

early in the

281,087

5.812,571
1.681,411
3.653,215
4,615,879

501.187
439,898

Hye,
bush.

bash.
....

553,105
4-25,58!

Barley,

3,WX)

909,745
1,029,028
l,15i,8i7

•16..

Tot. Dec. 31 to Feb. 8
1877
1876
1876

Oats,
bash.

6.3,880

1,076,449
1,618,567
291.043
599,937

Correep'ngweek,"i7.

Same time
Same time
Same time

Corn,
bash.

111,913
146,769
8!, 501
76,S3l

PrevioasweeS

quiet.

The wheat market was quite depressed
Bales of New York No. 2 spring were made

2,400
100,963
i.OOO

1,875
19,a;2
1,9C0

Total

checked the downward course of prices. Yesterday, however,
there was an important revival of demand, several thousand
barrels of common extras from spring wheat being taken by
shippers at $5 05@5 20. Extreme low grades were dearer, and
the medium and better grades ruled more steady, with a better
inquiry from the local trade. To-day, the market was firm but

lows

Wheat,

bbls.

St.Loul8
Peoria
Daluth

dull and prices drooping until yester-

the occupation of Constantinople by the
Eussians and the voting of a war subsidy by the British Parliament, together with higher figures in the English market,

Rye

Flonr,

Cleveland

IKS.

8,

XXVI.

fol-

8,

1878.

There has baen very little animation in either domestic or
foreign dry goods the past week, and the volume of business was
The uncertainty
light and unsatisfactory for the time of year.
in regard to railroad freights has had a depressing influence upon
trade, and many of the larger Western and Southwestern jobbers
are evidently deferring their heavy purchases of spring goods,
in the hope of being able to secure transportation and more
favorable terms in the early future. Values of the most staple
goods were very well sustained, and there was not much pressure
The jobbing trade has
to force goods upon unwilling buyers.
not yet fairly commenced, but retailers from remote parts of the
interior have begun to arrive, and the order demand has enabled
jobbers to effect a

f jir

distribution of seasonable goods.

—

Domestic Cottos (Jgods. The exports of domestics from this
port for the week ending February 5 reached 1,076 packages,

:

BKCSIPT8 AT

week.
Flonr, bblB.

69490

C.meal, ".
Wheat, bas.

1,423
652,850

Corn,

"

.

35.8,196

Rye,

"

.

18,M8

Barley. "
Oats :.."

.
.

MEW rOBS

85,110
99.843

—

Same

1878.-

.

Jan,

1.

426,841
15,tt8

EXPORTS raOK
.

1878.

time

For the

1877.

week.

257,828
30,272
354,246

1,767,674
62,396
577,272

1,146,151
76,165

47,113
5,349
647,129
4(1,758
40.494

3:il.575

14,(.:5

573,9C0

668,610

3,151

4,281.0.30

,

Since
Jan. 1.
83'l,727

22,014
3,839,1.36
l,4li2,43l

131,903
132,610
19,878

,

NBW TOBK.

which were shipped as follows

18 n,

For the
week.

Since
Jan. 1.
126,699
15,693
1,053,788
1,513,669

52,875
6,352
88,791
490,266
24,529
2,541
4,526

,^0,53.3

71,212
11,324

The following tables show the Qraln In Bi(;ht and the movement of Bread BtuBs to the latest mail dates:
HKCBIPTB AT LAKE AND RIVER PORTS FOR THE WEEK ENDtKB
FBB. 2, 1878, FROM DECEMBER 31 TO FEB. 3, AND FROM
AUG. 1 TO FEB. 2.!
Flonr,

At^.
Chicago

bbls.
(196 lbs.)

„

•Milwaakee....

Toledo
Petrolt

38,942
44,318

738
5,578

Wheat,

Com,

Ofits,

bush.

bash.

(60 lbs.)

(56 Ihs.)

846,749
471,005
58,437
93,895

818,687
9,350
107,182
7,009

(32 lbs.)
189,683
17,639

bush.

«,908
4,181

Barley,
bush.

Rye.
bush.

(48 lbs.) (56 lbs.)
28,742
63,846

52,580
• •

•

10,997

.<!,680
.

.

154

;

British

Hayti, 338 packages

;

United

;

;

;

;

sheetings and drills were in steady
request for moderate selections, but bleached cottons rencained
quiet, and slight price concessions were made on some low-grade
Denims, tickings, dyed ducks and corset jejns were
shirtings.

23

;

Mexico, 20, &c.

Brown

severally steady, but in comparatively light demand and cheviots
which are in large supply moved slowly. Cottonades received
;

—

—

some attention from Intending buyers, but sales were few and
unimportant. Grain bags ruled quiet, but cotton yarns were in
Print cloths confair request by home buyers and for export.
tinued dull, but fairly steady, at 3 9 16c., cash, to 3|c., less 1 per
cent, cash, for extra 64x649, and S^c, cash, to 3Je., thirty days,
for SOxGOs.

-

4,188
4!i88

West

:

Cisplatine Kepublic, 194 Great Britain,
Indies, 58 Venezuela, 29 British Honduras,

States of Colombia, 215

liberal sales.

Prints were lightly dealt in, but ginghams

met with

Februabt

»,

THE CHllONICLE

1878.]

Export*

—

Domestic Woolen Goods. The movement iu woolen goods
»nd dieappoimioK to holdors. Spring caseimereB and

WM slow

in ligbt demand, and worsted coatintta were less
MtlTe, while cotton-warp worgteds were almost neglected. Black
dotba and doeskins remained inactive, and niellons were quiet;

nitings were

but desirable makes o{ cheviots and suiting flannels found a

fair

i|gii«§2SlSii§iiiSlii2il5rsS=asSssll

Kentucky jeans w<sre in irregular demand,
•nd aatioets moved slowly. Heavy cassiraerea and suHinga met
with some inquiry from the clothing trade, but their offars were
too low for the consideration of holders and few sales were
Worsted dresj goods were in moderate demand by
reported.
jobbers from the larger distributing points in the West and
Southwest, but the general movement was slow.
FoKBiUN Dry Goods. Business was light with iraporlers, as a
rule, but in exceptional cases considerable sales of black and
fancy silks, staple drees goods, etc., were made to the larger local
and interior trade. Tarlatans, organdies and other makes of
ithito goods, as well as imitation laces and nets, were rather more
freely talien by jobbers and manuficturers, and Hamburg embroideries were in good demand.
The proposed new tarifl bill
has received attention from importers, who genera' ly approve the
leea-complicated method of levying duties, while differing some'

number

149

Loadlii;; Irtlcle* ttom Ne«r Tork.
The following table, compiled from Custom House retamn,
shows the exports of leading artioles from the portof New York
to all the principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jan. 1,1878
and 1877. The last two lines show total value*, including the
value of all other articles besides those mentioned in the table.
•>r

of buyers.

*^OiO

^9^

r4«t9

:5

:

A

fro

—

s

ri

«>

'

e«

tC

'

CD

'

"'

(O

s"

ii

•2:

«3

55

irhat in their vievs as to the schedule of duties proposed.

Impiirlatlou* of Dry Uooda.

«o5

dry goods at this port tor the week ending
Feb. 7, 1878, and for the corresponding weeks of 1877 and
1870, have been as follows
SMTiaBD rOB C0Mf«aMPT10N rOB THB WBBK BNUlXfl 7EB. 7, 18'8.

The importations

MQ

'

ot

:

187ii

,

PkeB.

Pke>. Valne
Ifaniif aetares ot

wool

Hlscellanaoas dry goods. 1.812

}3U*,490
J9t,724
87^,111
197.08$
133,917

5,%0

81,401,14.3

do
do
do

781

cotton.. 1,246
silk

47^
944

flax

Total

1877

.

.

,

Valne.

693
919
553

Pkes
751

|;%6,63t
891,778
497,9 13

Value.
401,2 lO

l'ii,04S

Ml

I)}S,5;9

lS9,0f0

553

;

:^

::::::

;*a

:

:'=i'^

:

$34:), 561

4i5.Hl

858

;«*«'»

«*S

:

t-MO

.

:

:

:

:

rj-jj

:

«IS

l,-.iS7

687
1,118

:

Bo'"

1878

,

•

."^

Ho
« w

•

.

,e»

.

013

.

:
.

2n,lijl

4,395 $1,592,I5S

3,381 |I,36-,9;1

ViTBJIBAWM raOH WABBHOUSB AND TUHuWN IHTO TUB MAUKBT UtTUlNti THB
AAMB PBRIOD,
415
KannractnreBor wool.... .'•03 $'.>3*.3)5
543
Ji76,:46
i2 9,1'»
465
138.918
253
do
cotton..
SIO
139,398
77,171
Hi
151, Idl
14.G0a
Bilk
186
155,378
do
144.108
936
li9,207
447
649
101.515
do
flax
1

UlscellaneoaB dry goods.

4),193

l,e''0

49,400

1,748

3,4-21
Total
Add ent'd for consampt'n 5,860

f71-2,7a9
1,501,313

S,S24
3.3St

J6J8.60T

1,565

$492,119

1,367,951

4,2'J6

l,5i8,l!8

8.6S1 $8,S44,07-J

7.203

$2,»aB,553

Total thrown ni.onm'k't.

19,678

BNTBBBD FOB W&RBHOntllNe DURlNe 8AHB PBKIOD.
7!9
61
803
HanafactareBof wool
1257,261
$271,517
446
141,579
S6S
do
cotton
683
2C8.251
278.915
189
12o,038
91
silk
SOI
do
230
1 4n,:iOJ
60
140,6)5
661
flax
do
29.939
853
35,291
6,651
If isceilsneoasdry goods. 627
.

Total

Mdent'drorconsnmpt'n

8,685
5,2U0

2,179
3,381

]:U33.92t
1,601,313

w«

.00 t- -O

.s;

5,8il J2,054,871
$l-:0,493
77.5'.)4

86,0.99

4S,6n
83,818

7,418

$365,967

4,8!l6

1,53J,!52

-.o

CO

•

5.563

Total entered »t the port. 7,915 $8,485,867

$8,070,753

.

-lO

.
•
•

s

11,733 $1,958,119

iiuporti* of Lieadtnic Arttcte*.
The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1378 and for the same period in 1877:
[The 'luantity ia i;iv«n la packages wben not otherwlBe specified.]

Same
Since
Jan. l,'7f ".me 1877

.

g|
X*^
aoo«
-^

.

to

g»

*^iz~

Same

Since

JaD.1,'78 time 1877

:5
Ohtna, QIaes and

Barthenware
Ohina
Barthenware. .
Qiaos

Glassware
Olass plate

Balions
Goal, tons

Oocoa

bai;s..

Oofl'ee,

bais

OottOD, bales. ...
Drngs, *c—
Bark, Peruvian..
Blca. powders...
Ooohineal
Oream TarUr...

Sambier

Qnm, Arabic
IndlKo

Madder « Ext.of
Oil, Olive

Cntlery
743

2,1.5
a;,H7
2,66;

3,104

boS
848
6,767
1.593
163.020
4t.'8

Sannv
Hamp,
aides,

988
»,l!5

482

3,(69
117
1,694

2781

174

45:

3*p
:,4si

Hides, dressed..
India rnbher
Ivory
Jewelry,

Ac—

.Jewelry

Watches
LlnKeod

MolasKS

bT)l8

Sni;ar,

bxs Abage.

I'obacco

4,051
110,107
1,181,342
11,675

17,323
301,768
9;, 139
8,811

Wool

balas
Articiee reported by

valut-

no Pancygoods

J.

6,HS

6.51:,

Ptsh..:.

7.766

5,76.

Prnltfl,

4(K)

4bi

Lemons

^^.881

71!

br.

Oranges
Nats

202,682
108,633
101,613
l,t34.17«
14.968

17.'.

11,071

47b
6,917

Raisins
audressed

IlideB.
Itlce

161
672

B,0S8
164

1)7

no
619
6,6'1«

17U
181

65

30

»6,0>N

lJ,9r

660

1.46:

Spices,

68,7 !3
7.),512

Ac-

Ac—

.

CasBla

26,-.73

1-2,366

$
97 618
10,2:6
66.453
80,S26

20,931

(foods—
Cork

61,48;

3iMi

8,118

4,971
««,374
I.7S4

8.708

rt to

•»»'

«

»-«

OD

.»«» — »

o»-^
»-jJ>

OOCD
e«rf

:

.3s

•

g»

:

:8ss
t

=

:S -"Srs :8
*
"S S2

2§
rjoC

n

2S.96.1

HS,67«

t"* '5 90 ft <i t9>iAiA>oao

•

19,885
138.834
13-,S58
269,914
1,620,31:
8,6

Qlnger
Pepper

Logwood
Mahogany

'

:3.889

Saltpetre

Pnstic

s

81,206

2,172
8,013
33,413
40,577

8.151

;•

1,553,079

6,437
18.0)1
8,3^5

$

a

3,871

93

137.»4l
1.139

Corks

1,465

55,118

e.978
9.891
8,123

Waste
WinoB, Ac
Champagne.bkt?.
Wines..:

303

219.8)3
139,0)1
6,036
11

2,:30

Ac-

Bristles

'

OlmrB

4.08*

7i6

bales

11)8

Tea
8,074
2,735
278

cloth

Hair

pUs

Till, boxes
Tin slahB.lbs...
Paper Stock
Sugar, hhds, tcs. A

t06

109

P.ax
»ar«.

Lead,

Spelter,
Steel

677
4,488
1,918
197.?9
G5J

601
77
8,809
287,588

Uardwaie

1,031

S.ag5
94,' 34

Oplam
Soda, bl-carb....
Soda, sal
Soda ash

Ac—

Metals.

'1

Ullll|i|i|i1l^||SI3llllJ3|l|.-|

S3
33
00

rxw. (nHRONici.Ei

150
UENERAI^

GUNNIES.- See

PRICES CURKENT
*llb.

Fot.ClstlCTt

S

4.V«

RKADsrOFF8—See«Beclal report.

BulLDINd MATKlilALS^ricts— Common u»ra, afloat. .V
Philadelphia

*
*

£lin«— Rockland, common
Rockland. flnlshlnK

Lumber— FIne.K'i to

* M.

(XI

15

80
....

46 00
18 00

ft.

CHEESK-

or preper.t

Sched.

Auction.
J»n.
3
3

Sched.

®3
®3

25
3>
75
50

3
3
8
3

60
12)4

....
....
....
....
....

00

13 OO

L.

& W.

Johri^fn.
f 3 2i
8 25
3 3o
3 75
8 50

"Ha

Uomiugo

Costa Rica

8

njta

21

23

i««9

ifxa

IS
17
19

"

16

lit

18H

"

i«

a

"

I6X*

a

a
n e

"
"

gold.
gold
gold.
gold.
gold.

14V

16K
16X
17*

...
...

"

gold.
gold.

Bavanllla

»

Bolts
Sheathing, new (ovorlS oij
Braziers' (over ISoz.)
American Ingot, Lake
COTTON— see special report.

drugs:* dies—

I8X

15S4*

15
19

19X

Alam, lump.

Am

I

....a

28
26
i)

I7xa

I7X

...

V

in

loHa

"

28

•'

Blcarb.BOda.NewcaBtlc.lfilOOft "
*» cnr.
Blohro. potash

a

2^3

car.

gold,

ArgolB, crude
Argols,reaned
Arsenic, powdered

"

refined

CastoroU.E.I.Inbond. *i:al..gold.
* 100*' B
Caustic soda
Chlorate potash
Cochineal .Honduras, silver.
"
Cochineal, Mexican
.

tar tar, powdered

8

81^3

23
SO
3 8i
15 25
59
54

..

19X
M}i
lux

9K

31
33
C6
35

strip

Carlhagena, pressed
Nlcarsgua, Hheet
Nicaragua, scrap
Mexlcati, sheet

8.)

Honduras, Bheet

84

IRO«--

*

Pig, American, No. 1
Pig, American, r.o. 2
Pig, American, Forge
Pig, Scotcn

ton.

13

,...
....
...

....

Sheet, single, double

&

*

Balls, American
Steel rails, ^mcriia I.I

....

S7

18

(XJ

17 00
26 50

OrdlnaryforelBu
Domestic, rcinmon
Bar (discount, 10 p.
"
••
Sheet

II

3X3

4

a
a

*1001bs,gold
cnr.

*B

c.)

...

4 25

36 00
47 00

<^

a

a

6

a

ev

LEATHER-

Uemlock.Buen, A're8,h„m.Al.*B.
California, h.,m.

common

**
••

tilde,

ft

1

h.,m.ftl....

2\Ai

28

2i

22H
2iH

2D
26
23

rough
Slanghtercrop
Oak. rough
Texas, crop

24
26

H8
a

a
a

28
80
81
23

a
a

Prnsslate potash, yellow.
Qalcksllvor

gold.
cur.
§ amine
hubarb, China, good to pr.... "
Sal sods, Newcastle..* UK) s>, gold
Shell Lac, 2d & 1st English..* ft .cur.
* lOO ft. gold
Soda ash
Sugar of lead, white, prime.* ft cur
"
Vitriol, blue, common

3X

a
a
a
a
6xa
5 a
22 a

cur.

Am. .cur

85r

I

20
18

23
33

7K

i.va
8 50
24
43
,-

a

a
.a

a
a
t2Xa
a

!i0
I

SO
2 90
1

n>sa

1

SO

22"

17

I

75
19

iMa

Gr'd Bk.ft Oeorge'B (new) cod.* qtl,
pr.bbl.
Mackerel, No. 1,«. shore
Mackerel, No. 1, Bay,. .
«tackerel,No.2 Mass. shore (new).
Mackerel, No. 2, Bay

a

6 00
2i 00
20 00

a

15 00

4 2
IS CO

12 50
12 5U

jSOO

Ti'nrTT'p

B«Ul58,Saaaie««
do Layer, new
do Loose, new
Valencia,

perSOlb.frall

new

6

Carrants, new
Citron, new

5xa

14»«

Prunes, Turkish (new)
French
do
Da-OS

8

Canton GInge'.wh&hf. pots.* case.
fiardlnes, * half box
* quarter box

Sardine",

Macaroni, Italian
Dome-iUc Dried—
Apples, Southern, sliced
qnarters
do
do
state, sliced, new
do
qaarters,

8

Sa
50 a
20

«

isj<a

* »

12X®

* B

Sxa
4 a
6Xb

r«w

PeachBB,pared,ua g'dioch'O'5'new)
unparel. UalVfi" aid qr*...
do
Blackberries, bags aad bbls. (new).
Raspberries
cherrten, dry mixed and new wet...

6
6

r.'uics, State

13

'Vjhbrtleberrles

11

6K
6
13

a

a
a
a
a
a

NUTS—

li"

"

2

ISXa

S3

160
1 80

TO
2 50
4 50
1

lb.

30
4
10
II

.•

Flliierts, Sicily .>..

Walnuts, Naples
Pecan

5

OAKUM—Navy,U.S.Navy*bestVB.
OIL CAKK-

Clty, thin oblong, bags, gold,* ton. 3» 00
Western, thin oblong (Dom.) cnr " SO OU

Cotton seed, crude

*

Olive, lu casks* gall

Linseed, casks and bbls
Menhaden, crude Sound
NeatBloot, No. 1 to extra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil, NOE. 1 and 2

"

52

a
a

16

•
a

"
'*

*

Crude, In bulK

g!>l
'•

Cases...
Beflned

PBOVI810RS—
Pork, mess, spot
Pork, extra prime
Pork, prime mesF, West
Boel, family mess
Beef, extra mesf, new
Beef name, Western
Bacon, City long clear

*

"

«Xa

"
*'

"

,

*»
"

Hams, smoked

—
—
....

*B.
"

bond

a

&
a
®
o

Ux

lOK
..

35 0]

I

4!
20
64
44
uo
67
65
t'6

123

IS
7

1173
....
....

—

*

^Tnrk^aTsland
St.Martln

16

16
12

bush.

LIvarpool.Ashton'sflne

Vaack

*

"
••
•'

"

Timothy
Canary, Smyrna

* bUBh

Canary.Sirlly
••
Canary, Duich
Hemp, forelgu
Flaxseed, American, rough. .r
56
*
Linseed, Calcutta
>„ gold
* CI B gold
LLoteed liombay

8DGARIiiferlor to

FKir

Good

".

®
«
a
a
®
3
a

16

6Ha
9 a
9X®

14

Porto itlco. refln fair to prime '*
Boxes, c'ayed, Nos. I0@12
"
Cc'itrifugal, Nos. 7®13,..
"
Welado
"
Manila, sup. and ex. sup
"
Batavia. Nos I'.'@r2
"
Brazil. No8,9(S>ll
'*
/.'-/f?ifrf— Hard, crushed
'*
Hard, powdered
*'
do gtaiiulatel
'*
do cutloaf
*'
Coffee, A. standard
"
off A
do
"
WMteextraC
"
JxtraC'io
.

*

6

fair

...

d. 5 35

"

5

cnr.*B

22

•.

30
40

lairtM«

flneto finest

Sup'rto fine
Ex. fineto finest

*B

heavy

9

Ps. assorted lots, '75-'76
Yara, assorted
Havana, com. to fine

73
70
13
20

Manufac'd,ln bond, black work
*•
••
bright work

WOOL-

..Va
2

Extra, Pnlled

—
—

Wheat, b&lK ft bags..

Heavy goods. .*ton.

2 10

Beet

....

Fork

*

Vbbl

8S
23
40
52
20
2S
al.
27
42
55
28
42
75
55
25
42
57

17
82 »i
1

10

37

45

t3
47
86
18

40
31
40
2S

gold.
,-- »T«A1I.—
«.!<.
...

s.

a.

a a

20
13

n

21

27
23

li

16

<—BAIL.—d.
t, d.

s.

....a)^

comp

3 9
30

a

9

a

7

a

e....
«....
a....

4

3«(

9i

bn.

tee.

27

24
18
II
18
26
27
24

Burry
South Am. Merinc, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium. Eastern

V

82
82
45
62

Clip-

unwashed

Corn.b'lk ft bgs.

a
a
a
«
a
a
a
a

4

6
10

leaf.

Seed leaf— New Eng.wrappers'75-'76
'•
fillers, ^S-'Te .,
do

No. 1, Pulled
California. Spring

26
40
57

a
a
®
a
87 a
52 a
65 a
23 ®
82 ®
44 a
IS a
21
a
Noml
21 ®
32 a
43 a
22 a
32 a
45 a
65 a
20 a
82 a
47 a

to fair

Amerlcan XX
American, Nos. 1 ft
American, Combing

27
37
47

Nominal.

Choicest
Souc.ft Cong., Com. to fair

lugs,

a
a
a

81

Superior tofloe

Kentucky

V

I4X
5 50
6 12S

SO
47
67
24

,

TOBACCO-

®

8JK®

Snn.to fine
uo
Extraflnetoflnest
do
Byeon Skin. ft Twan.com. to fair.
Sup.tofine
do
do
do
Ex. fineto finest
do
Uncolored Japan Com. to lair
Sup'rtofinc
do
Bx.fine tofinest
do

do
do

:4

14!k3

Imperial, Cora, to fair

Ex

is

14KS

Sup.tofine
do
do Ex. fine to finest
do Choicest

Oolong, Common to

ex

7X*

do

Qanpowder,com

9H
9X

....a

*bxg

Superior to fine
Extra Une to finest
do Choicest
Young Hyson, Com. to fair
Super. to flue
do
do Ex. Qneto finest
Choicest
do

9X
9V

a
a

7

».

do

i>i

i)«a

"

Uy son. Common to

S%

7X
8M

8xa
ex A

gold.*B
"

TEA—

7*

e

10

•'

English, refined
Plates, I.e., coke
Plates.char.terne

7xa
75<!ai

7Ha
6j«a
9va
i%9

"

Out-of-town

75*

6>«,a

**

Molasses sugars

6y
7l^
'•a

'X»

••

Yellow C
OlherYellow

»

.3

5

—

Banca

II
10

....a
....a
..

"

TlN-

6X
lox

(Hi

**

"

2 3)
....

108

l4Ha

lOK®

common reflnlrg,...* •'B.

IfBEIQHTS—
ToLitbbpool:
* B.
Cotton
* bbl.
Flour

1 40
....

S2S
4 00
3 90

a

Prime

do
do
do

17 00
8 OO
4 00

..a

refining

37
35

9

a
a

204

American cast. Tool
American cast spring
American machinery
American (German spriiiK

If^a

!H

®
®
a
ft
a
®

CO
3 50
3 00
3 60

Stare Pricet.

Interior

a

gold.

8 75
4

English, ca8t,2dftlstquallty *Bgold
English, sprlng,2d ft IstQuallty.. "
English blister, 2d& Istquallty.. '
'*
En^'Ush machinery
English German 2d ft Ist quality "
American blister
car.

,...

ex*
6X®

a

8 60

*gall.

14X

<B,

Whiskey

Smyrna, nnwasbed

V ».

gal'.,
'•

Alcohol

...,a

25*

21

86

Irish
do
Domestic tiquors—C&sh.

Superior,
Fair

a

12y
22
!U

6k®

Croll,Sd proof

....

80

Clover, Western
Clover, New York State

25

St.

,a

es

6 25
& 87>j

a

IS

.

6^

a

12}<s
62>i^

90

a

6

6
5

12>4«

Brandy, foreign brands

6U

ITK
12^

5 SO
5 00

* B,gold

Bum-Jam.,4thproof

HH

\

®
®

Mace

Tfiy.

6

B. gold.
cur.

Pepper, BatavU
Singapore
do
white
do
Cassia, China LIgnea
do
Balavla
Ginger, African
do Calcutta

a
a

.,

Patna, duty paid

4),
10)»

17 50
13 00
13 50
16 60 i^
5 J< »
9X
„ 8
''6.1

Lard, City steam

Carolina, falrto prime
Louisiana, fair to prime

a

.-..a

bbl. 1185

6!)i

35

a
a

"'

"

1

a

a

125

"

2 23

&
@
®
®
®

"

*•

1

37X

a
^3....75
a

a
a
a
<a
a

'•

'•

2

e

a
a

41
lO
63
43
65
65
60
1(^3

gal.
•'

PETBOLBUM-

SEEDS—
i§'<
5
10

too

common

SPICES—

Prlmeclty

8 00

¥

Foreign
Domestic,

TALLOW40
38
50
40

SKa

OILS—

In

....

a
a
a

bbl. 2 25 3
"
2 37X3

*

Almonds, Jordan shelled
Brazil

S5
23
SO
SO

•'

low No. 1 to good No. 1 "
low No. 2 to good No. 2 •'
low pale to extra pale.. "
"
wlndowglaSB

Rangoon,

a

SKa
9
23
12

1 65
2 00

a

MXa
5 •

Flgs.layer

do

^
a
a

3 95
1 57xa
1 75

"
"

"
Pitch, city..
Spirits turpentine
* gal.
ROBln, strained to good strd.* bbl.

Naphtha, City, bbli

FISB—

•*

Tar. Wllralagton

"

(9

— aa

•'

*

Tar, Waahljgton

••

1 20
IS so
62
55

gal

....

SPELTER—

Straits

NAVAL 8T0REB-

••

21
23
26

*,

•'
Brimstone)
(In bond), gold.
Opium, Turkey

a

Cuba.clayed
*
Cnha, MaB.,refln.gr'ds,50test,
do grocery grades.
do
Barbadoes
Demerara
Porto Rico
N.O., com. to prime

Ke-reeled Cotngoun

None.
None.

,

19 00

W'A&

ton, car. 33 00
45 00

4 60

STEEL-

@

gold.*B
trehle, com.

Usual reel Tsatless
Usual reel Tavsaams
Ke-reeled Tsatlees

Sin
Whiskey, Scotrh

Store Prlcei,
Bar,Swedes,ordlnary8lzet..* ton.lSO 00 ai32 50
5
Scroll
* lb. 2 £-10»
5
2 f-10
Hoop, :)tx..No.iJ tol*l>ix.l3.Si:4 "

Sheei.UUBBla

SILK—

S6
14

(^

a
a
a
@

....

Cloves
do stems

48

®

5 75

IIM
lOX

a

^
®
®

00

"

i4Ha

8

£

IT 00
16 110
23 50

lb. gold

*ic. '*

SPIRITS-

®
®

33
S6

per 100

Nutmegs, Batavia and Penang
Pimento, Jamaica

14
5

2®

—

*B

Beened,pare
Crude
Nitrate soda

15

11

a
®

5
3

(Guayaquil, peseed, strip

••

5.s«a

!0
17

.

on yltrioUfi6

a
a
a
a
a
a

12X
50
27 00
1

Slid

car.

"
Glycerine, American pure
*'
Jalap
Licorice paste, Calabria
Licorice paste, Sicily ........... "
Licorice paste, Spanish, solid. .gold

Madder, Dutch
Madder, French, E.X.F.F
>iutgalle,blne Aleppo

4 DO

25Ke

i,..gold.

Ginseng

2X

i,;^8

"

Gambler

2m

ij<9

c=r.

Cubebs, Kastlndla
Catch

20

a

145 a
VIOOK. "
Bleaching powdnr
Brimstone, in<ii & 3rd6,per tou.gold.24 00 6
VI»..cur.
3 a
Brimstone, Am. roll

do

».

Pura, coarse to Hue
KsmariilUa, prebsed, strip

Panama

—
19

MOLASSES-

COPPEK-

do

all

LEAD—

Mexican
Jamaica
Maracaibo
l^gnayra

Cream

11

Port

ken.
»3 25

....
....
....

Klo, ord. car.60ftnd9Cday8.gld.*
gold. ••
do
do fair,
(cold. "
do
do good.
"
gold.
do
do prime,
gold. "
Java, mats
gold. •
NatlveCeylon

Camphor

12

Belied.

COFFEE—

St.

25
23

prices at

'Weehavir-

3J.

a
12V.®
15 ®

3 65
3 10

SO

20

a

D&H. P.»R.

Hoboken.
13 10

*

INDIA RUBBER-

a
a

t-clicdule rat'-s:

fl.L&W.

25
Grate... 3 25
KKB....3 85
Btove... 3 75
Ch'nut.. 3 10

a

00a
50a

12

HOPS—

growths

lOXS
10

"
•
California,
cur.
do
Texas,
A. /.SMC*— Oal. kips, slaught. gold
"
Calcnttaklpi.deadgreen...
'•
Calcutta, buffalo

Olds,

followlng will show

•'

do....

6X

10

..

selected

2l>i

a
a
a
6
a
9 a
9>4a
13 a
11
a
10 a

do

5J4»

25

Liverpool housr cannel

do

Matamoras.
Para,

6>4

a
a
a
a
a

20
20
19
18
!»
19
16
10

'•

Cropofisn

U a
20 a
13 a

I.lver1>oolgar cannel

iirtf— Buenos Ayrcs,8elccted.*»gold
••
do....
Montevideo,
••
do....
Corrlentefl,
'•
do....
Bio Grande,
"
do....
Orinoco,
"•
do....
California.

WtlSaiUd-awa. Ay,

EX

5i<«
4),«

"

Jute

7

....it

HIDES-

1376

COAL—

I'erm.

73
75

.

Crop of

6

a

ASTHBAciTK— The

ij

"
"

..*B

8

170

fair to choice
V"
Western factory, good to prime..

State factory,

00
40

70

ton. 175 90 a2l5 00
130 00 @135 00

Sisal

li£

Prices)—

Dairies, palls.g'c' to choice State* Ik.
West'nfact'y, tubs, B*d toch'ije "
H'tflrk.,tub8,State.l'r to prime "
Welsh tubs, Btate, com. to p'me "

ken.

a
a

18

33
2
5
4
2

EH9

ZIncwh.. Anier.,No.l,ln oil
Parl8whlte.Br.(i.,eold...,»ilOOB.

Weehaw-

&
a
e
a
a

Gut6plkeB,all8ize8

Bt'mb..|3

»

....
4 25

faints— Ld.,wh.Am.oure. In oil * »
liead.wu., Amer., pure dry
Zinc, wh.,Amer. dry, No. 1

last auction

fS
40 00
83 (XI
@10J 00
28

22
in
80 00

ITjite— :0i860d.crm.ren.4 Bh.* keg
Clinch, IX to Sin. &longer
Sdflne

BUTTER— JVeio— (Wholesale

®
®

25

It. 3'.

» M.

Maple

uo

1

00
3'. 00
SO Oo

Oak..
Ash. good
Blacis walnut
Spruce boards & planke, each

Hemlock boards, each

;

23

bbl.
bbl.

M It.

ex.dry.*i

« 6 23
a 9 ou
©27 00
® 125
9 ...
a 100
® ID 00
@ 23 00

2 50

a

65

gold. 21^ 00 ©210 00
" 270 OO &273 00

Manila

M

Pine, shloptoK. box
do tally boards, com.to g*d,<^ich.

*

American drussed
Amerlcai. undressed
KusBla, clean

B

10«

Italian

Croton

Cement— KuBBiKlme

*

HEMP AND J u IE-

ASHES-

SALTPETRE—

under Cotton.

r.:port

North River Bhlnpiu:

XXVI.

[Vol..

' 9

76
i

...

lii42 6
...

2
21

4M,

a

300

Pkbrxjart

THE CHRONIOI.ft

9, 18TO.J

M. K. Jesup, Paton &Co.

UNION TRUST
NEW

OP

NKW YOKK.
Draw Exchange on Union Bank of London.
Accounta and Agendee of Banks, Banker! and Mer*

CAPITAL,

-

.~T

.

.

.

HAS SPECIAL FACILITIES FOR ACTING AS

Bonda, Stocka, Commercial Paper, Uold, &c., bougbt

ud iold on Comnilaalon.

Reji^iMtrar

of Stocks.

Authorised by law to act as Executor, AdmSnlstraGuardian, tUjcelver, or Trustee, aad Is a

for.

Act aa agcnta tor Corporatlona la paying Intereat
Gonpona and Dividends, and also as Transfer Agenta.
Dlvldendi. Coupona and Interest collected and
ramltted.

I.EGAI.

DEPOSITORY FOR mONElf.

Interest allowed on Deposits, which may be made
and withdrawn at any time.
N.B.— Checks on this Institution pass through the

Clearlng-Housc.
EDW.MJD KINO, I'retiaent.
J. M. McLkax, Ut Hcel'iMiaent.

&

Lichtenstein,

J.

NKW

M. MoLsAN,

Baml'BL Willkts,

Wh. Whitewrioht,

B. H. IluTTOS,
K. B. Wesley,
G. G. Williams,

ExchaoEe Place,

St., cor.

Telegraphic Money Transfers.
Bllla of Exchange and Issue Letter! of Credit
principal cities of Europe.

Cor. of Montague

DEUTSCHE BANK.

St

Clinton

CAPITAL,

Berlin.
This

sti.,

Brooklyn, N. T.

U

OOR.

TKU8TEES:

Tianaact a General Banking Business, Inclading

Inveatment Secnrttlcs For
p. O. BOX 2,»47.
W.McLkli.ak.

STOCKS

llolfo.
tJulllvan,

Wm.

K.

BUNKKR.

Adolph

on a margin.

C.

Rockwell,

John P.

STOCKS, BONDS and GOLD

porcbase and sale of

A. M. Ktddsr.

Henrv Sanger, Alex. McCue,
Chas.'R. Marvin, A. A. Low,
Thomas
Abm. B. Baylls, 8. B. Chitteaden,
b£.E. t^iorrepout, Dan'l Cliauncey, John T. Murtln,
John HalHfiy.
Joslah O. Low. Kipley Rones.
Austin Corbin. Edmund W.CorlUi.
Alei. M. White.
J. 8.

,

0»WALL STREET AND BROADWAY
New York.

for cash or

UIPi^KY KOPES. President.
CHAS. R MARVIN, Vlce-Preit.

Edsab M. Cullkn. Counsel.

1%

Bcissevain
UA NK ERS

Sale.

W. TsAai

Jb.

AMSTERDAM, HOLLAND
N. Y. Correspondents.— Messrs.

SALES

of

all classes

of

ow

WEDNESDAYS AND SATURDAYS.

MVLLER &

n.

PINE STREET,

Kg. 7

NEW

IVALI.

STREET,

Investment:! carefully attended to.

NEW YORK,

DCALa IN

Grant

WANTED.
.Sonthcm Railroad Bonds, all kinds.
ToloJo Loganaport & Burlington Bonds.
Kansas Pacific Itailroa uoada.
West Wisconsin liAllroal Hones.
All bonds guaranteed by Erie llallroad.

S.

65

Baile

WALL STREET.

y,

Dealings in

Insurance Stocks,
A SPECIALTY.
Cash paid at once for the above Securities; or
tber
on coiunilsslon,

Will be s old

Company,

No. 33 TTALl.

STREET.

83.

30

BROAD STRSET.

OAS STOCKS
A SPECIALTY.

BrookJm

Circular Notes and Lettera of Credit through Measr*.
CO., at PARIS, payable In anf

part of Europe.

N. T.

Securltlea

Bongbt and Sold

Beers, Jr.,

Brooklyn

Stocks,

GAS STOCKS,

WAI' STREET.

tH

&

R. T. Wilson

Co.,

BANKERS AND COMMISSION MERCHANTS,

RAILWAV.-FORECLOSCRB
ERIE
SALE.— bunreme Conrt of the Stare of New York.

—THK KAKMKKS' LOAN &
plaintiff,

against

TrtL'ST COMPANV,
THE ERIE RAILWAY COMPANY

r-Ni^ OTIIKllS, defcudants.— By virtue of and pursuant to a Ju'tgrnent and decree of foreclosure and
sale, rendered and entered at a Special Term of tlie
said Supreme Court In the above-entUied action, on

the seventh day of November, A.

I).

18"*, I,

Ueorffe

Tickoor Curtis, lieferee. appointed tnereln to lell all
and slnsul.ijaijie mortgaged premises, franchises
and property, both re il. pergonal and mixed, mentioned in the complaint In this action and mentioned la
the said judgMumt and decree, belntr the same mortIntended so to be. to the plaintiff, the
Farmers' Loan & Tru-t Company, by a mortgage bearing date on the ro rth day of February, A I). 18T4, do
hereby give notice that on the iwcniy-flfth day of
March, In the year \^Ti, at 12 o'clock noon, at tke
Merchants' Exchange Salesroom, No. ill Broadway,
In the City of New YorK, by liernard Smyth, Auctioneer, 1 shall proceed to seil and thall sell at public
auction, to the highest bidder, for cash, the following
(fescrlbed propeity: All and slnt^iUar the railways of
the said company, from anri including Plermont on the
Hud^'On hiver toand Including the final termlnusof
tiie said railway on Lake Erie, and the railway known
astheNcwburrf Branch, from Newburg to the main
line and also all that part of the railway designated
as the BufTilo Brancli of tbp Eric Hallway, extending
from lloriiellsvillp to Attica, In the State of New
York; and also all other railways belonging to the
company in the States of New York, Pennsylvania and
New Jersey, or any of them, together with all the lands,
tracks, lines, ralH, bridge;*, ways, bulKilngs. piers,
wharves, structures, erections, fences, wallt-, fl (lures,
franchises, privileges and rights of the said company and also all tlie locomotives, engines, tenders,
cars, carriages, lools, macninery, manufactured or
unmanufactured materials, coal, wood and supplies
of every kind belonging or uppertainl g to the fald
catred, or

.

:

;

company; and all toils. Income, i-sues and profits
arising out of paid property, and all rights to receive
or recover the same; also all the estaic. right, title
and Interest, terms and remainder of terms, franchises, privileges and right:! of action of whatsoever
name or nature, hx law or in equity, conveyed or assigned unto the New York & Erie atlroad Conipany,
or unto th'i Erie K.Lway Company, by the UDioa
l.aliroad company, by te BulTalo >ew^orK te Erie
IJaiiroad Company, by the Buffalo Bradford ft PItt»burg t'Bllruad Company, by the ochebter & Qcnesee
Valley Railroad Company an i by the Long Dock
Company also all and singular the chosen in action,
bonds, book accounts,
stocks,
bills
receivable
and other evidences of indebtedness, leasehold esother property in the said
tates, contracts and
Judgment mentJonRd.
tilven under my han

i at the City of
New York, tbli
twenty-first day of January, A. I). 1878.

OEOKGR TIcRNOU

TUBKEB, LeK a McClURK,
Plaintiff's

R.

Stttdah Ghakt.

O. St.

Jobv SBXrxxzA.

&

A. H. Brown

Co.,

Bankers and brokehs,
T TTaU St., Cor. New, New York.
INVESTMENT SECUKITIBS.
Special attention to business of country banks.

Hilmers,McGowan& Co
BROKERS IN

FOnEIGN EXCHANGE AND OOLD,
63 Wall Street, Now York.
(P. O.

BOX

i.S41.)

Special attenUoa paid to the

merclal

negstUUon at Com

W.

JAa. OAMIBOir.

A. Evans
DEALERS

38 Rroad

&

Co.,

IN STOCKS,

and 34 New
NEW iOKK.

Sitrcet

Street,

All active Stocka dealt In on on* percent martin.

Commission
upwarils.

au

CURTIi?, Referee.

Attorneys,

Nassau

street.

New

York.

The sile of the above-descr.bed poperty heretofore a'lvcrUsed to take place on the twenty-Ari^t day
of January. 1S7^, at 12 o'clock norm, at the Merchauu*
Exchange t^aiesroom. No. Ill Broa..way, In Ihe City of

New

York, was thin and IhTo adjourned

twenty-fifth d y of March,

IS 3.

at tlie

to

tiie

same hour and

UBOUGE TICKNOU CUKTtS,

I'lace.

Referee.

UNITED STATES CIRCCTIT COURT,

SOUTHERN DISrUlCT OF NEW YOUK.— la
Equlty-Bctwe. n JOHN O. STEVENS and others.
Trustees, Complainants, SRalnst tbe NEW YORK A

OSWECiO MIULANO KAlLROAl) COMPANY, and
others. Defendants.

Notice is hereby glTcn that the sale of the property
of the defendant, " the New York A Oswego Mldlua
Railroad Company, " heretofore advertised Co Cake
place on Friday, the lUh day of Janusry, A. D.
1818, at i2 noon of that day, at the Wickham Avenue Depot of said railroad company, in Mlddletown,
In the County of Orange, and State of New York,
has been furtner adjourned to FRIDAY, the :STH
DAY UF MAihCU. A. D. 18.B, at the same Ume aa4
place.

New York. January 11, 18T8.
KENNKTU U. WHITE. MatUr.
Alxxakdxk a Orkkn.
Complainants* Solicitors,
1^ Broadway, New Y^ork.
Dated

bills.

W. A. XTAHB.

Boom

and B*a

;

at seller's option.

Geo. H. Prentiss,

to Parli

i

AKD BROKBBS,

TBANSACT A QBNERAL BANKINQ BU BINES
STOCKS BOUGUT AND SOLD ON COMMISSION
INTEBEST ALLOWED ON DEPOSITS.

:

E.

&

BANKEIiS

BONDS OF ALL KINDS,

Baiiaoas Boxdb awd Soittbern SscuKiTtaa or
AU, Debckiptioxs.

Money by Telegraph

•

YORK.

Ftrat-Class lOTeatmcnt Secnrltlea,
CITi-

Transact a general banking and brokerage business
Railway shares and bonds, Government Securities
and Gold.
Interest allowed on xlcposlts.

In

SON,

Albert E. Hachfield,
18

No. 16 TTaU Street.

[Established 1854.]

STOCKS AND BONDS,
ADRIAN

BLAKE BROS. & CO

Gwynne & Day,

REGULAR AUCTION

hold

nnderelgncd

& Co.

AND

At Auction.
The

Secreury

COmmSSION FIEROHANTS,

BONDS

and

PRINCIPAL CITIKS IN ECBOFS.

2 IBroliange Court, fiew Ifork,

a« receiver, trustee, guardian, eiecu'or or admlnls*
trator.
can act as agent In the Bale or management of real
estate. collect Intcreet or dividends, receive rcgletry
an^ transfer books, or iUHke purchase and sale of QoT*
QfOK «.ntaid other Bccnrlties.
Religions and charitable Instltotlons, and persons
anaccustoined to ttiu transaction of business, will find
this Company a safe anil convenient depository for

(A^K £Co.
KS

CO.,

LAZARD PHEKES *

|SO0/)eO.

Company Is aathorizcd by speoial cbarter to act

money.

tbe

Transfers of
Francisco.

Secretary.

The Brooklyn Trust Co.

SrECIAX. PARTNER,

BA

And on

YOKK.

Make
Draw

Street,

PARIS,

Geo. Cabot Ward,
TliEODORE UOOSKVKLT.

H. OGILVIE,

J.

On LAZARO FRERES *

Vice Prtstdent.

EXECUTIVE COMMITTEE.

BANKERS,
S9 Willlnm

M

Wm. WaiTiiwRiouT,

Knoblauch

mne

6S

DRAW SIGHT * TIME BILLS on tlie UNION BANK
I.ONDON,
$1,000,000.
St.

Transfer Agent and

cantile FInni recelTed upon favorable terma.

Lazard Freres,

CO.

YORK,

No, T3 Broadnraj-, Cor. Rector

No. 52 William Street,

all

FinanoiaL

Financial.

Financial.

Mt

of one per cent on 10 itaarci and

J.

Alden Gaylord,
33 Wall

St.,

New York,

DBALKB IN

ST. LOCriS

CITY & COUNTY BONDS

AMD ALL 0LA88B8 OF
INVESTMBNT & MISCKLLANKOUS SKCmiTIKa
JMXen bT permluloD to W. B. K IchoU * Co , Baaxen

THE 0miO5ICLR

VI

Commercial Cards.

Commercial Cards.

&

Russell
c om niissioN

Co.,

J.

mbrchants

41
Buy and

W. POMEHOT
S-TKEET,

Smith's Umbrellas.

S,6»4.

Olypkant &

Co.,

COMMISSION MERCHANTS,

104 Wall

New

00
00
2 50

2

to

order

&

WHOLESALE
405 Broadnay, near Canal

3l8t

Dec,

1876....

t;95,916 72

Net Premiums received during the year
ending 31st December, 1817.

755,078 89

$950,993 61

Earned premiums of the year

$820,SS8 55

Losses and expenses

62(i,539 81

Re-ins irance and return premiums

182, 173 08

in great variety.

ASSETS,

repaired.

SlsT

1203 Broadway, corner 3ftth street.
104 Broadway, near Wall street.
77 Fulton Street, near Gold.

December,

1877.

Oash in Banks

$854,729 4$

United states Stock

:

Torb.

478.343 75

Stocks of Corporations

.'....

106,038 58

-,

street.

Real Estate

&

John Dwight

EslablishedA.D.1802

Co.j

MANUFACTURERS OF
or

SODA.
New

Ko. 11 Old Slip,

&

45

J

From Various

Wn[TK Strrbt.

PHILADELPHIA.
W. DAYTON, aao CHKBlMTSTf.KlT.

PROVIDENCE

St.

Steamers leave.

A'ttn ¥»
*•"
* '

Daily from I'ier 29 North River (foo
of W..rren btreet.)
Freight taken via either line at lowest rates.
I). S. BABtJOCK, President.
L. W. FILKINS, General Passenger Agent.

Co.,

""11

•

U&nafacturerB and Dealers la

all

AWNING

Mail Steamships,
HE'Py

and Colors always la stock,

&

IN GOLD (Including wiDoj;
|10(); second cabin, $ 5; t:drd
steerage, 126— including wine, bedding and

To Havre— First cabin,

Bro.

cabin, $35

1

To Plyrooutb, London or any railway station In
England— First cabin, $90 to tlOO, accor:ling to accom-

<6

.

medatlon; second cabin, $66; third cabin, $35, steer
age, $27, IncludlnK everything as aliove.
Return tickets at verj reduced rates, availabi
.iirougb England and France, bteauiera marked tUu
" do not carry steeraKC passenKers.
For passage and freight apply to

liOVIS DE BEBIAN,
Agent, 55 Broad\ray.

RULTTARD'S HELIX NBBDLES.
400 BROADWAY, NEW TJRK.

W. ROSENFELS,

EXPORT COMMISSION" WESCHANT
Frodnce> ProTision.s and NaTal Stores,

BROAD

Atlas Mail Line.
BI-MONTHLY SERVICE TO JAMAICA, HAYTI
UOLO.MKIA and ASPINWALL. and to PANAMA and
SOUTH PAUIKIU PORTS (via Asiiiawali.)

Fust-Class, full-powered. Iron screw steamers, from
Pier No. M. North Klver.
For Uaytl, Colombia, Isthmus of Panama and South
Paclllc Porta

IK

29

Carl Victor,

Arthur B. Graves,
Alex. M. Lawrence,

Hugh

Ancliincloss,

William Pohlmaon,
Constantin Menelas,

W. F. Gary, Jr.,
Ramsay Crooks,
H. L. Charles Renanld,
Frederick G. Poster,
Charles Munzinger,

John D. Dix,

Ernesto G. Fabbri,
John Welsh, Jr.,

Walter Watson,

Henry E. Sprague,
Theodore J. Ralli,

Theodore Fachiri,
William S. Wilson,
Gustav Schwab,
L. M. Calvocoressi.

C. L. F. Rose,

F. Cousinery,

George H. Morgan,

CHARLES IRVING,

ANTON METZ,

Secretary.
Assistant Secretary.

KfW

ANDES

YORK.

("i^'

Feb. 131

A»i'iuw«i

ALPS

j,

Feb.

S8

('L.^R1B?;L, about Feb. 14
ETNA, Feb. 21
Haytl
Superior first-class passenger aecouimodatu;n.
PIM, FOKWOOD & CO.. Agents,
SO. 58 Wall irect.

Forllayti

For Kingston

STREIbT,

North

British

and Mer-

(.lam.)

&

OF

LONDO.\ AND EDINBL'RGH.
Incortorated in 1809.

(i.

FRANCE, TruilellB
PRICE OF P.\SS.\«K
utensils.

P.O.Box M^.

Alexander Uamilton,
Carl L. Recknagel,

F. Davison,

R. Lyman,

11.

cantile Ins. Co.,

Wed., Feb. 20.8 A.M.
Wed.. March 7 A. M.
Wed., Marcti 2U, 6:30 A.M.

AMEKIQCE, Dclord
L.\liKAD01!, Sanglier

Street.

George A. Clark

YORK AND HAVRE.

Calling at Plymouth for the iandin:; of Passengers.
The spleuidld vessels on this favorite route, for the
Continent—caiiliis provided with electric bells— will
sail from Pier No. 50 North River, foot of Morton St.,
as follows

United State* Banting Comiany.

S.

B.

BETWKEX

BTiilPES."

Daane

CoinpanjV

Tlie Genciral Trans-Atlantic

Also, Agents

Nn. 109

Edward

Heury Do B. Ilouth,
Henry R. Kuhnhardt,
Lawrence Wells,

EUGENE DUTILH, President,
ALFRED OGDEN, Vice-President.

Direct Line to France.

CANVAl,, FELTING DOCK, CAR CO VBR
IKG, BAGGING, RAVENS DUCK, SAIL TWINES
&C. " ONTARIO" SEAMLESS BAGS,

& foU supply all Widths

Secretary.

kinds of

OTTOS

'

George Mosle,

ON LV

COTTONSAILDUCK
And

LINE.

FREIGHT ONLY FOB
Providence, Worcester, Nasbua and
all Points Nortli.

Turner

BrinckerJioff,

&

State-rooms and tickets secured atStiS Broadway and
atall ofliccs of Wc^tcott E.xpress Company in New
York City and Brooklyn. Also tickets for sale at all
hotel ticket-offices.

Mllle.

BOSTON,
ISCaAUHOST

M

Hereafter the

Ellerton New inills,
Atlantic Coiton mills,
Saratoga Victory Mfg Co.t
AND
Honlery. Slilrtit and Dratvers

$1,561,951 54

of the Board,

TRUSTEES:

r'»Uj f™" P'"' 33, North lUver, foe
of Jav street.
STKAMBOAT K.\:PRESS TRAIN WILL
LKAVE STONINGTON AT 4:30 A. M.

4'30 P.

74

19,876 46

CHARLES IRVING,

STONIKCTON and RHODE ISLAND.

.S

453,5I)'I

Total amount of Assets

RELIABI.E

AND ALL POINTS EAST.
Not a Trip Missed in 7 CoDeecutivc Years.
THE El^EGANT STEAMEHS

AGENT
F <) H
Waslilnstou njills, Clilcopee Tirg Co.,
Burlineton Woolen Co.,

lieceivable

and Uncollected Premiums

Stonington Line
FOR BOSTON,

York.

E.R.Mucige,Sawyer&Co

YOltii,

Subscription Notes, Bills

By order

The JODoiDg Trade ONLY Supplied

NEW

OliD

549,435 58

Unsettled Accounts

steams Nups.

THE

is

Charter

Total Premiums

SI
..

ITmbrcIlas and Parasols

Co., oI Clilna,
St.,

tize....

Fine Silk TJuibrellas

BY

Ki;PRI!.= ENTED

any

patented

SILK, paragon frame

Hods: Kong, Khnnslinl, FoocIiotv &
('<t«ton, CUlua.

OLYPIIANT &

,

GUANAOO,

18th January, 1378.
of the affairs of this

the Slat day of December, 1S77,

Premiums unearned

All business relating to the Construction and Equipment of Kailroads undertaken.

GINGHAM

York,

Co.

pnbliehed in conformity with the provisions of Its

P1T7SBUK0II, PENN.

BOSTON.

Insurance
New

Company on

Edgar Thompson Steel Co. (Limited),

YORK.

Mutual

The following Statement

AKD TUB

COMMISSION MERCHANT,
Post Office Box

Col-

JORSSTOWN, FBXN.,

Charles E. Parker,
14 Exchange Place,

Railroad Inrestjnent Securities.

sell

Cambria Iron CompaHy,

Jr.

NEW

ORIENT

ST.,

York.

Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by the

Hong Kong.

WATEK

OFFICE OF THE

Co.,

lect

Shanghai
Banking Corporation,
105

COR. WILLIAM

CED.-VR,

New

Hong Kong &
Office,
Represented by 8.

&

Kennedy

S.

Insurance.

BANKERS AND MERCHANTS,

AND SHIP AGENTS,
Hong Kong, Canton, Auioy, Foocboir,
Sliaugliai and HaukoAT, Clilna.
Eeprcsented by S. W. POME ROY Jn.,
105 WATER STnEET, NEW YORK.

Head

Vol XXVI.

UNITED STATES BRANCH:
54 William

St.,

Cor. Pine,

Established December,
Called in ai.d paid np Capital....
Rescrveforallotherliabilities, in-

New

York.

18G6.
$1,.363,686 36

8,517,928 04

cluding re-insurance

Net Fire Surplus and Reserve

4,618,620 70

Invested and CashFireA8sets.$8, 500,185 10
Subscribed Capital, for which the
Stockholders are personally lia$9,545,054 64
ble, not yet c lied in
Reserve for total Liabiliiles, Int78d,.'il8 04
cludlugre-insurauce.intheU.S.
9S6,753 49
Net surplus in the United States.
Fire -ifsets held in the U. S...$

1,707, 276 53

The above does not include the Life and Annuity

act of Parllaiiietit. are in a distinct

Funds, which,

t)y

above, are not

liable.

and separate department, for which the &uri>luB and
reserve of the t-Ire Insurance Department, named

CUAS.

E.

SAM.
MASAQEKS.

WHITE,

P.

BLADGKN,

FKimuART

THE

0, 1878. J

TU

cmilONlCLfc
Cotton.

lasuranoe.

InsurRnoe.

OROANIZEO APRIL 121?

Robb &

1842

OFFICE OF THE

No. 58

AT

AN TIC

L

Peet,

BANKERS AND COMMISSION MBBCILANT8

WALL STBEET'
Ne'er

York.

Advance! roade on Conugnmcnu. 8pecla attenuoa
paid to purchase! or sales of " Cotton Fatarea.

Mutual Insurance

l5si,T.S.WINSTON,PRESIDENT

^ ENDOWMENT

"ES EVERY APPf^OVEDDESCRlPTlOf*

Co.

LIFE

CNURMS

Ml $80,000,000.

American
Now landlBK and In yard,

Total aAonnt of Marine Piomiams. t6<751,0S8 44

upon Life
upon Fire disconnected
lat

22

Orrell,

Also, all kinds of

ANTHRACITi; COALS.
The Trade

Janu-

WILLIAM STRKET, NEW TOBK.

Future Contracts for Cotton 'bought and loldon
New York and Liverpool.

L. F. Berje,
COTTON BUYER AND COMMISSION MERCHANT

NEW ORLEANS,

COTTON FACTORS A COMMISSION MERCHANTS

SSlPlno Htrcct.

No, 43 Broad Street, Neiv York.

Yard-«a7 West 22d Street.

Seturnsof Premiums and
Bzpenscs... $947,923 86
the following Assets, viz.
United Stales and State of New York
Stock, City, Bank and other stocks. $10,535,958 00
Loans, secured by Stocks and other-

amonntof Assets

STEEL PENS.

certificates of- the ixsuc of 187)

W. B. Carpenter, R.A.

be redeemed and paid to the holders thereof,

or their legal representatives, on and after Tuesday, the Bth of February next, from which date all

The certificates to be
produced at the time of payment and canceled
Upon certificates which were issued for gold premiums, the payment of interest and redemption
win be in gold.

A Dividend

of Forty per Cent.

Is

de.

dared ou the net earned premiums of the Company
for the year ending 31st December, 1817, foi which
certificates will be issued on and after Tuesday, the
Tth of

May

By

Proctor, Prof. Huxley,
Fronde Ediv.

V. Freeeman. Frances
^Po«rer<'obbe,TlieDuUe
...
ArgtII, iTIra. IHtiloch, William
Itlark. Jean Iiiki'Ioav, MIbii Tliackeray, Mi», Ollpliant, 'Irs. A i.X!inU<T,
Geoi-ire nacOonald, Matthew Arnold,
AuerVk.
»V, Story, Xumuoiil'l.
Carlyle, Tennyson,
bacta. Mnxfclii,

Urournlug. and many

J.

n. OHAPIdAN,

.T-

lilt-

1878.

The t.iviNo Aoaentert upon

DurJi'gttie

many

naun"i, KiiU

LKAUING

eiiihniclug the cUohitst.

FOKlillG.N NOVBIilSTS,

Charles Dennis,

Lewis Curtis,
James Low,
Gordon W. Bnmliam,
William Stnrgis,
William E. Do.lgc,

and Scien-

uioat vaiunblf Literary

g;i:,I

AM»

hi. XTOils. rei»rejieylliig every departuieut

ProRioes.

01 h Qowltitlgi- ajil

luK L.IV1MU Aus
more tlian

la

a xceikly magazine Kivlng

Roberts. Minium,
George W. Lane,
James Q. DeForist,

or (o

Charles U. Marshall,

Robert L. Stuart,
Frederick Chauncey,
Boiace Gray,

John

Elliott,

WlUiam
Thomaa

It.

Fosp,

B. Coddingtou,

Charles D. Leverich,

Edmund W.

Corlies,

William Brycc,
Peter V. King,
Horace K. Thurber.

iloublu

U

amount ol maitcr,

"aBLKST

JONES,

President.

CHARLES DENNIS, Vice-President.
W. II. U. MOORE, id Vice-President.
A. A. RAVEN, 8d Vice-President.

WRITERS.

LIVlNCii

Wrsklt at $d OO a year. />*» of pogtoffe;
DO The i.ivi.%() Auk audeifA«r 07<« ot the
Aiiierlnui »i tuooililieft (or hnrpttr'H ^etklt/or Batari
will be sent for a yeATtOoth putipnld: or« forfu 5(t.
flit Liviku .ktAK
ttuu iuu at. J/KJiotaa or Appteton's
PniLiF

COTTON BROKER,
136 PEABIi

STREET,

H. Tileston

NEW YORK.

&

Co.,

JOTTON BUYERS A COMMISSION MERCHANTS
60 Stone Street, New York.
In

Fntnres executed at N. Y. Cotton Kxchaage

Waldron
(Successors to

&

Tainter,

NOURSE

Sc

BROOKS),

GENERAL COTTON KIERCHANTS
NEW

YORK.

E. O. Richards,
(Successor to A. L.

RICHARDS)

ShlppInK and Conunlsslon nercbamt
No. 99 BROAD STREET, NEW YORK.

CsTliXTRA OFFER I'OR 1878..^
8 win
seni ffnttia
u«w aa*'"nrl!)ert
To
Khefi-st iuBtHlu]**iiis
the six i.aiuuo x (H<7
"
1

(i>r

1.

•

new

&

Co.,

Cotton Factor*,

VICKSBURG, miss.
Orders to purchase Cotton In oar market salldted
Refer to Messrs. NORTON, SI.AUQUTER ft CO.
New York.

Ki>

I

iMit-rti

'.8

lia

l.

hlCA." tr^imlHua

iroin ihe tierluaii ot Krauvo- liBfinebeti—.he i»«Bt work of oue
of Uiti b( »i *nd t<i1i;nt*'Hi uu hofx of Gcriuaur.
r\
tn
new ?thy
t^n^nmuK h.. kI'SO "Uthorc-*, MIda
TUAtKKiiAY, visu arptar- in the Mtue uumbcri',
from au va. cu ithecia, wlih other voioablo maticr.

a

D. W. Lamkin

111)

Journal.

>'(

J. D.

Geo. Copeland,

THREE AND A QUARTER THOUSAND

Charles P. Burdett,
Alexander V. Blake,

Francis Skiddy,

Krohn

BEAVER STREET, NEW^ YORK

t

WiUtam H. Webb,
Adolph Lemoyne,

S3

1

John D. Hewlett,

P. Youiiiis,

&

COTTON BROKERS,

KAt'lNO
lie mitifruJtlieday, froii: tiieiH-iiJ-of iliu
KSSAViSTS, bClKNriSTM. CKiTlO. uISUOVBU-

C. A. Hand,

Thomas

Walter

Future orders promptly executed.

column octavo parfi'^ or roaUlng matter yearly
presunta id an lucxptitif^tve rorm, couBineruiK Jta
(rcBimesa. owlnp to Ua
witli
weekly liMue, and with .i saii-sfucuyrt/ cotnijlHene.^9
dtiriiij'icU <:)> no other pnl>ncittlon. the ho.st Kssays.
Kevie AB, Crlticismi*, T» Cf. >Krlclie« of Travel and
Uisc'»vi'r>. t'oetry. acleulUln, Uiunraphlcal. UUtoriCal
and I'omical tiilorniHtlon. from the eullre body of
h'oTi'ifiU I'erlodlcal Literi-ture, a^.d from the pens

Daniel 8. Miller,
Joelah O. Low,
Boyal Phelps,

Co.,

an am>>ant

Inthewotid ^t thu
1

&

T'.'NN.

97 PEARL STRKET,

Unapproached by any other Periodical

TBVSTEESi
D. Jones,
W. H. H. Moore,
Charles H. Russell,
David Lane,

Its U6'h
its rea^:-

foicmoH authors above

Uie
others :

anu soon Morl-s Uy

aeilal

anti

J.

yearltwlU furniah to

i«roauci ions oi

York.

C. Johnson
MK.nPHIB.

').-r*ftr.

Littell's Living Age.
J«n. I.
voluinp,

JSecretarr.

oiuers, are represented

iu the pages of

New

COTTON BUYERS FOR MANOFACTUEBESJ

Jan. A.

next.

order of the Board,

J.

Tlie iiioat eminent
living autliora. «ncli an
Rt. Hon. W. E. Glad•toue. Prof. Max Muller, Prof. Tyndall, Dr.

will

interest thereon will cease.

No. 134 Pearl Street,

Publications.

bo paid to the holders
on and after
Tuesday, the 5th of February next.

will

COTTON FACTORS & COMMISSION MERCHANTS

Sold by all deaUrs ihroushout the H^orld.

the outstanding

York.

Hopkins, Dwight&Co.,

JOSEPH GILLOTT'S

thereof, or their legal representutivcs,

The outstanding

New

117 Pearl Street,

$H,366,351 66

Six per cent. Intereat on

Co.,

COTTON BKOKKRS,

l,163,a:0 00
wise
Real Sstate and claims due the Com'
017,436 01
pany, estimated at
Freminm Notes and Bills Receirable. 1,761,393 63
CasbluBank
255,38103

•ertiflcates of profits

&

Dennis Perkins

The Company haa

Total

LA.;

Kobt. L. Maitland& Co.,

ALFRED PARmEIiE,

$3,668,890 27

HAOArLAT. J

A. J.

Cgjijmlaalon tn

,

supplied.

ary, 1877, to 31st December, 1857.... $4,9{2,3S1 08
Losses paid duiing the

same period

MACAO'.i\T.

Macaulay & Co.,
oomraissioN merchants,

the best

with Marine lUsks.

Fnmlnms marked off from

Co.,

COTTON FACTORS S, COMMISSION UEBCUANT

for sale at lowest market

prices lu lots to suit purchasers.

Bill

4T Broad Street. Nevr TorK.

English Cannel,
Liverpool Orrell,

1st January, 1877, to 31st De$4,n0,665 83
cember, 1877
Fremlama on Policies not marked off
2,C'40,S«2 fll
lit January, 1S77

&

Sawyer, Wallace

J. L.

from

'

CIT7 BANK, LONDON, Mid

KOTTiyrOlTKR * CO.. PAllIB.

POLICIES

Miscellaneous

aSaira on th« Slat December, 1877
Fiemfoma received on Marine RIak:

Risks, nor

or fixehango on the

of
^

AS FAVORABLE ASTHOSEOFANY OTHCRCO.

IaSHASSETS

Nbw York, January 53, 1878.
The Tm»teM, in conforiiuty ta the Charter of the
Compauj, tubmit the following Statemonl of Its

ITo Policies have been leaned

.

«crt»J.

'

A

Addreai

l4lTXl£IiI«

_ Boaton.
A GA¥,

H.

J.

Baker

&

Bro.,

PEARL STREET, NETT

YORK

21 S
IMPORTEia AND MANUFACTORBB8 OF

naanre

tliialltr Cbemlcal
Chemicals lor the Vllle forroulas, for all Crop*
Chemicals for the stockiirtdge formulas.
Dissolved Bone—Sulphate Amnionia, MtlutePolaaB
Nltraio Soda, Sulphate of Pulash, Muriate of Foiaslt
Super-phosphale Unw
40 per cent acitwl Pouuh.
Also, strictly nuro ground Uoae.
Our descriptive circular! mailed tree. Tb« nuMIW

Prime

t«r special (erUUHrs tor partloalaz crop*.

•

THE CHRONICLR

Tin

&

Henry Hentz

Woodward &

Co.,

GENERAL

&

Nos. 74

JAMKS FINIAV &

CO.,

LIVKUPOOL, LONDON AISD GLASGOW.

MUIK

Sc

E.

&

KOODY &

Co.,

JEMISON),

97 Pearl Street, View York.

Miscellaneous.

IdANCUEiiXER

Co.,

MANDFACTDRER8 OF
LoeomotiTeai, Statiouary Steam Engines, and Tool*,
MANCHKSTBS, N. H.
ARETAS BLOOD, W. O. m.BANS,

LITERPOOL,
eoUcit consignments of

COTTON

and ordt rs for the

Co,,

Advances made on consignments, and

Stone

New

street,

SJN, M Baronne

COmiVlSSION ITIERCIIAIVTS.
125 PEARL STRKET, NBVT YORK,

all

lnf«rmatlOL

WATTS &

York, and Messrs. D. A.

Street,

GIVEN

<t

&

&

GANGS OK KIGOINO MADE TO ORDER.
198 FHONT STREET, NEW YORK.

NEW YORK.
Special attention paid to

New

121 Pearl Street,

delivery of cotton.

Special attention given to the execntion ot orders

Liberal advances

made on

con-

lor the purchase or sale of Contracts for Future

H. W.

&

BLOSS & INCHES7

H.

J.

Farley,

COTTON FACTORS

MERCHANTS,

FINANCIAL, AGENTS,
132 Pearl Street,

O Box

GENERAL COMMISSION MERCHANTS
143 Pearl Street, New York.

R. M. Waters & Co.,
56 BROAB ST., NEW YORK.

New York.

3,909.

Advances made on Consignments.
Bpeclal personal attention to the purchase and sale
of •• CONTRACTS FOR FUTURE DELIVERY " OF

COTTON.

BANKEUS & COTTON COMMISSION MERCHANTS

Pirn, Forwood
Co.,
GENERAL COMMISSION MERCHANTS,

Investment Securities bonpht and sold. Orders exe
cuted at the Cotton ExchanKes In New York and Liver
pool. All Business transacted Strictly on Coumis
SIGN, so that no Interest of our own can possibly
conflict with that of our patrons.

&

BOX 613,
Orleans, lia.

P.O.
JNe^nr

O. BOX 4964,
Nenr Ifork.
Contracts In New York
P.

Execute orders for Future

nd Liverpool, and mal£c advances on Cotton and
tfaer

produce consigned to

I.EECII,

HARRISON & FORWOOD,

A

iy|I7ST

England, ClUua, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
for the

Sc

Foreign Iflarine Insurance

Company

of I^iverpool.

Knoop, Hanemann & Co
co:nniissioN hierchants,

NEW

C3 EXCHANGE PLACE,

BE SOLD.— A BESIBABLE

residence

and 66-acre farm, near the schools

and university, In the best part of the most lovely
and healthy city In America. It has large orchards
and extensive out-bulldlngs. Is surrounded by elegant
homes and goaial society. Was valued at ^10,000
before the panic; now $2?,(XX), on easy terms, will
buy it. All Is In prime condition. Cut this out for
reference, and write ISRAEL HALL, trustee, Ann

and

R

YORK.

&

mON

of

superior quality

MINING AND

HOISTING PURPOSES.

C O

Cash In BanSs
Bonds and Mortgages, being

|161,72* 56
first

Hen on

real estate (worth «4,29',2(X))

2,016.?03
3,Ui6,87i
251, ISO
124,528

United States stocks (marSet value)
Bank Stocks (mai'kel value)
State and City Bonds (market value)
Loans on Stocks, payable! on demand
(market value of i-ecuritle«, t42i.093)...
Interest due on Ist of .lanuary, l:i7S
Balance in bands of Agents
Real estate
Premiums due and uncollected on Policies

of Poiver, &c.
Also Gal|van!zed Charcoal and BBlor

'iV.'ieless,

IMppinff, Suspension
BrUlKcs, Derrick Guys, Ferry
ttopes, &c.
large stocK
const-antly on hand from

A

which any dcslrod ieUKtli
are cut. t'LAt STEEL AND
IKON HOPES for Mining
purposes manufactured to

Special attention given to Spinners' orders.

Corre

solicited.

Bbfieencis.— Third and Fourth Natlosol Bank
•Bd Propri iters of Tax CHXoinoLs

JOHN

»i.i,312

mASON A

43 Broadiva}',

*:.:tv

York.

39

7,811 30

Issued at this olUce

Jo, 109,526 75

Total

CHAS. J. lOARTIN, President.
J. H. WASHBURN, Secretary.

^TNA
Insurance Company
OF HARTFOUD.

INCORPORATED
Total Aeset.s January

I,

Capital

$7,115,681 42

$,'i,000,()00

Re-inenrancefund.

Unpaid losses

&

...

00

1,741,273 42

other

claims....

NET

IN 1819.

ISTT

429,114

(SURPLUS, Jan.

1,

1877.

8S—

6,170,388 24

$1,945,236 18

BRANCH OFFICE:
No. 173 Broadway, New York.
JAS. A.

ALEXANDER,

Agent.

&

London &' Globe
Insurance Company
45 William St,
J. E.

PULSFOBD,

order.

1¥.

00

00

135.201 13
12,500 00

-^lilps*

merchant

00
00

314,215 47

In-

clined Planes, Transmission

.

NASH7ILLE, TENNESSEE.
tpondence

$6,109,526 75
ASSETS.

Liverpool

o P e

suitable for

I<iverpool.

COTTON

ooimnissioN

256.391 42
1,016,T03 02

NetSurplas

STEEL AND CHARCOAL

DE JERSEY &
McAlister

Reserve lor Unpaid Losses ana
Dividends

Arbor, Mich.

Eocsxs tn

lOancIiester

SHOWING THK

Condition of tlie Company on tlie first
day of January, 1878.
CASH CAPITAL
$3,000,000 00
Reserve for Re-Insurance
1,836,432 31

CENTS IN MANCHESTEr7~ENG-

-^^LAND, who have a large connection amongst
Spinners for the sale of Cotron, arc desirous to extend their business to all the Inland centres, and wish
to enter into correspondence with liouses In the cotton
trade who w HI cxchanRe first-class references and are
In a position to do a large bu^inei-s In shipment direct
to Europe
Address K. O., care B. M\ HEELEK, 4 Pall
ilall, Manchester.

LIVERPOOL.
Also, execute orders for Merchandise in

British

BKOADWAT.

135

SUMMARY OP

AND

P.

OFFICE, Ko.

TOT.^L ASSETS

COTTON FACTORS,
COMMISSION

NEW YORK,

OF

ordert

contracts for future

signments.

Pellvery.

Company

Insurance

Forty-Ninth Senii-Aiinnal Statement,

he execatlos of

for the purchase or sale of

ITork.

HOME

"

AND

merchants,

JUTE & TARRED

niANILA, SISAL,

CORDAGE,

Co., GENERAL COMMISSION MERCHANTS
COTTON EXCHANGE BUILDING,

GENEUAL

corainissioN

Sons,

Co., FOR EXPORT AND DOilIESTIC USE

Cotton Factors

ttieparctaase or sale of contracts for future delivery.

Bennet

Boston

MANUrAOTUXEES OF

AXD
Street, Boston.
Liberal advances made on conslgnmcntB. Prompt
Mrsonal attention paid to the execution of orders for

L.

4D Wiiter sneet.

Henry Lawrence &

Co., 5J

New Orleans.

Ware, Murphy

44 Broad

D.

Treasurer,

Superintendent
Manchester. N. H.

purchase or sale of future shipments or deliveries

afforded by our friends, Messrs. D.

T T ON

Works,

Locomotive

&

31 Broivn's Bulldlnss,

Advances made on Consignments. Future Contracts for Cotton bought and sold on Commission, In
Hew Yorlt and Liverpool.

&

COMMISSION AND COTTON MEE0HANT8,

made on Consignments.

C. Watts

ASD

C O

Y

1541.

Edward H.SkinkerSc Co.

of cotton.

W.

GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New Tfork.

R. Smith

YORK.

the purchase or sale of contracts for future delivery

ano

BANKERS, COTTON FACTORS

B.

Established (in Tontine Building)

Special attention paid to the execution of orders for

New York and Lirerpool.

jemison

S.

(Socceesors to

Liberal advances

CO.,

CALCUTTA AND BOMBAY.
FDTUBE CONTRACTS FOR COTTON bought
old on commission

No. 146 Pearl Street, near IVall, N.

SECDRirr.

Also execute orders for Mcrcbandlae through

tu

COTTON BROKERS,

GENERAL COMMISSION MERCHANTS
LOANS MADE ON ACCEPTABLE

to

F.Wenman & Co

Tames

76 Wall Street,

NEW

,

Advances made on Conslgnipents

FINIiAY,

Stillman,

SEAMEN'S BANK tUlLDING.

eonittissio^ mkkchants,
174 & 1T6 Pearl St New i'ork.

niessrs.

Cotton,

Cotton.

Cotton.

Rteaars.

fVoL. XXVI.

Resident Manager.

'