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xmm
tmtiti^
HUNT'S MERCHANTS
MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE ITNITED STATES
VOL.
NEW
30.
YORK, JANUARY
Brown
&
Phelps, Stokes
Co.,
O.y
COMMERCIAL. CREDITS,
United States, Cuba, ic.
Pounds Sterling, available In an jr part of the worldAlso, TBAVKLKR8' CREDITS and
CIRC HI. AB NOTES.
ORKAT BRITAIN AND IRELAND, FRANCE,
GERMANY, BELGIUM AND HOLLAND.
"S.
_
Gbtsab. President.
Otto Guntubr {Coruellle-Davtd).
KUILK DK OOTTAL.
Ad. Fbank (FranU, Model A Cle.)
Aug. NoTTEBOHM (NotteboJim Freres).
Fb. Dhanih (Mlchlels-Loo8).
AOSNTS roB
tc
John
S
ST.,
P.
Potter,
Prest.
ft Cle.)
A
J. J. Ki>i>r
COIjIjECTIONS a specialty. Business from
nd Bankers solicited.
Banlis
paper discounted.
Cor-
Lswis H. Tayi.ok. Jr.
L.
H. Taylor
LlNDLKY HAINKS-
&
Co.,
Bankers and Brokers,
138
SOUTH THIRD STREET,
PHILADKLPHIA.
Deposits received subject to check at slRht. and
Interest allowt'd on dally biilances.
Stocks, Bondd, &c.. bought and Huld on commission
in Philadelphia and other cities.
Particular attention piven to Information regarding Inveatment Securities.
Kountze Brothers,
BANKERS,
12 tTALI.
STREET, NEIV YORK,
&
LONDON,
69
CORKER BROAD STREET, MEW TORK.
Issue Letters of Credit for Trarelers,
ad America.
Draw Bills of Exchange and make telecraphle traasmoney on Europe and California.
fers of
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
Iowa, and Nebraska.
Correspondence solicited and full information
given on all classes of bonds and stocks.
John Munroe
&
Co.,
BANKERS AND BROKERS,
3 Nassau Street, Neiir York.
STOCKS AND BONDS BOUGHT AND OLD ON
t
Co.,
raUNROE Ic CO., PARIS.
STERLQia CUEQUES AND BILLS AT SIXTr
DATS' SIGHT ON
ALEXANDERS 4c CO., LONDON.
ASS CUDITS rOB TBATBLBBS.
ClW7Dia.B NOTXS
J.
&
Stuart
&
Co.,
J.
NASSAU STREET.
BILLS 0F EXCHANGE ON
33
COMMISSION.
COMMERCIAL PAPER NEGOTIATED.
Gwynne & Day,
SMITH, PAYNE & SMITH'S,
BANKERS, LONDON
MANCHESTER
3c
LIMITED
MANCHESTER, PAYABLE IN LONDON
:"
;
ULSTER BANKING COMPANY,
Transact a general banking and brokerage business in Railway Shares and Bonds and Government
BELFAST, IREUUiD;
securities.
Ain>
Interest allowed on deposits.
Investments carefully attended to.
PBKD.
WALSTON H. BBOWN.
;
COUNTY BANK,
"
No. 45 'Wall Street,
[EatablUlied 1851.]
&
No. 8 WaM Street, Nevr York,
No. 4 Post Ofllce Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
OK TBI
NATIONAL BANK OF SCOTLAND,
EDINBUBG, AND BRANCHES;
A.
BBOWV.
Walston H Brown & Bro.
ALSO,
JABLE TRANSFERS AND LETTERS OF CREDIT
.
Issue Commercial and Travelers* Credits available
Id an parts of tbe world. Draw Time and SIgbt Bills
on tbe Union Bank of London, and on the Credit
LyonnalB, at Lyons or Paris. Make Cable Transfers.
A. H. Brown
ST.,
BANKBRB,
NEW YORK,
Cashier.
$400,000
400,000
Satisfactory business
respondence invited.
OLD BROAD
EXCHANGE PLAOB,
(DRExEr, Building.)
Maverick National Bank, Sand, Hamilton
BOSTON,
si;bpi.i;s.
parts of the world.
Deader In Investment Secnrltlea.
Dan. Fuhrmann).
CAPITAL,
Securities. Oold.
Payable In any part of Europe, Asia, Afrlos, Aostralls
eSNERAI. BANKINCi BCSINESS.
A8A
Paris.
& W. Seligman & Co.,
J.
COIdPANY,
F. Zebley, Jr.,
BROAD
all
No. J2
G. C. Ward,
BARING BBOTHERS
k Co
HaoMmaon
ATTOBWBTS AMD ASSKTS 0»
Messrs. J. 8. laoRGAN Sc CO.,
Orders executed at the Stock and Mining BxchanKes,
Louis
THAN8ACT8
kvaUable In
BANKER AND BROKER,
Ai.rBi!i> llAijniMAY (Graff & MaqulnsT), Vlc«-rr«i
J. B. Von dkk Bkckk (B. Von der Becke).
.IB. (.Job.
&
Boulevard
Deposits received subject to Draft.
and other countries, through London
and Paris.
G.
81
&c., bought and eold on Cemmission. Interest allowed
on Deposits. Foreign Kzchange. Commercial Credlta.
Circular Letters for TraTelen,
Cable Transfers.
63 WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.
9,000,000 Francs.
Wkbkb (E<1. Weber 4 Cle.)
Jcuts iUuTKHsTBACOH (C. Scbmld
this
Drexel, Harjes
St.,
DOMESTIC AND FORKION BANKERS.
OF MONEY
Between
South Thisd
Pbiladelphla.
nAKE TELEURAPHiC TRANSFERS
BOARD OF DIRECTORS :
JOH. I)AS. KuuKMA.fX,
Drexel & Co.>
Mo, 34
Issue Commeri-ial and Travelers' Credits
IN STKRLINO,
AVAILABLE IN ANY PART OV THE WORLD.
And in Francs, In Martinique and Guadaloupe.
Antwerp.
Faux
CORNER OF BROAD, NEW TOBK.
OF EXCHANOE
Collections of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.
Anversoise,
-
Co., Drexel, Morgan & Co.,
WALL STREET,
&
ST., N. Y.,
Make
Banque
Paid-rp Capital,
IVALL
BDr AND SKLL
BIEL.S
JAMES STOKKS,
BA>KEUS,
ANSON PHKLPS ST0KE8.
45 WALI. ST., NEW YORK.
Centrale
Brothers
No. 69
760.
Financial.
Financial.
Financial.
in Dollars for use in
NO.
17, 1880.
Co.,
BANKERS AND BROKERS,
St., Cor. New, New York.
KYBSTMENT SKCUBITIB3.
t UTall
BTeeUl auestlon to bualnes* of coontr; banki.
BANKERS,
S.noblauch
II Pine Street, New^ Y^ork.
&
IVIUlam
RAILROAD SECURITIES.
R. T. Wilson
&
BANKERS AND COMMISSION MERCHANTS
3 Bxctaange fionrt,
New
St., cor.
lake Telegraphic
Co.,
York.
Lichtenstein,
BANKERS,
SPECIAL ATTENTION GIVEN TO THE NKGOTIA
TION OF
Exctaanse Plaee.
NF.W TORE,
Money Transfers.
Bills of Exchange and Issue Letter* el CrsdlC
principal cities of Earope.
Draw
ji
all
SPECIAL PARTNER,
DEUTSCHE
BA.NK, BerUa.
THE CHRONICLE.
Boston Bankers.
Cana)Ai«n Banks.
Foreign Binnkers.
Merchants' Bank
Nederlaridsche
OF
Handel-Maatschappijj
MAD A
C A
•
Capital,
.
KSTABLISED
STANTON BLAKE,
HESISY E. HAWLEY,
Sew
change, (-nblo Transfers, Issues
Voek. January
BA
-
GEORGE STEPHEN,
4c
«1
A. LANO,
New ¥ork
HEAD
BRANDER,
(
(LIMITED).
..„„.,
-*^Kents.
S
WILKIE,
NEW YORK Agents,
J. &,
W. Selieman
Autbortzed Capital, Paid up and Reserve,
-
St.
St,
SIOTOTONS' B
PORT COLBORNE. ST. THOMAS
INGERSOLL, WKLLAND, UDNNVlLLK, FERGUS,
BT. CATHARIKBS,
Co.
P. N.
1GNAT% STEINUART.
LILIENTHAL. Cashier.
*l»na«ers.
S
In
New York:
Bank of Montbkal,
93 Lombard street.
59 Wall street.
Promptest attention paid to collections payable in
any part uf Canada.
Apnruved Canadian basiness paper, payable in gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States bj
gold or currency draft on i^ew York.
Nederlandsch Indische
Handelsbank,
AnSTBRDAM, H O A N D
.
Established in 1863.
Pald>i;p Capital, 12,000,000 Guilders
($4,800,000 Gold.)
HEAD OFFICE
IN
and VIRGINIA BKCUKITIKS s
Correspondence
nished.
N. Y.
solicited
S8
STATE STREET BOSTON.
Geo. H. Holt.
H. Peck,
F.
No. 7
A
fur-
r*o.
A. K. WAI.KSB, Cashier..
all
parte of the United States
THOS. P.MILLER. R.U.WILLIAMS, JNO. W. MILLBXt^
CHAS. B. MILLEU.
Thos. P. Miller
&
Co.,
BANKERS.
mOHILE, ALABAITIA.
Special attention paid to collections, with prompir
remittances at current rates of exchange on day of
payment.
—
CJorrespondentB. German- American Bank, New
York Louisiana National Bank, New Orleans Banlc
of Liverpool, Liverpool.
;
U. F.
;
Pbnzkl,
J
(
STATE BANK,
Incorporated
I.ITTI.E
CAPITAL (Paid-in)
>
U.T. WauleB.
Cashier.
l»i5. t
ROCK, ARK.
$75,000
Z£,000.
business In our line.
Prompt attention given to
N. T. CoKBKSFONnKNTS, Donnell. Lawson & Co. an
n" Mot'-onollt.ftn National Hsntt.
Financial.
Trask
&
Francis,
BANKBRS AND BROKKES,
TO 'Broa.Awa.y & 16
Jie-w St.,
New^ liork.
EXCHANGE PLACE,
STOCKS, BONDS and OOLD Bought and Sold OB
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Country Banks and Bankers r«
ceived on favorable terms.
KV
BOSTON.
Parker
&
Stackpole,
N. T.
BROOKLYN
BANKERS,
CO.,
AOSNTS POR NORTH AHIKICA,
STREET, NEW YORK,
Brother"*
National Bank,,
First
RAILROAD and MITNICIPAI.
SECURITIES For Sale.
'
M WALL
St.,
BOSTON.
BANKER AND BRfrKER
goerabaya and Samarang.
Correspondents In Padang.
lasae commercial credits, make advances on ship.
menta of staple merchandise, and transact othe.
bnsiness of a financial character In connection with
the trad* with the Dutch East Indies.
BK.AKE BROTHERS &
information
all
72 Ocvonsblre
Wm. ballou.
and
COBB«8PONDBNT8— McKlm
Transact a General Banking Business.
AMSTERDAM.
In Bataria,
Geo.
Co.,
ipeclalty.
Deposits Received and interest Allowed.
Cbolce
&
tiiiOKERS,
SnBPi.D8
BANKERS,
8 "Wall Street,
N G»
I
German Bank,
Geo.Wm.Ballou&€o
I
D
1.
BALTinUORE.
INVESTMENT
Boston Bankers.
NEW VORK.
Foreign Bankers.
Agencies
I
]nass.
BANKERS ANu
1
I. I.
i;
Wilson, Colston
President.
Dealers In American Currency and Sterling Exchange*
Agents
Curtis,
Southern Bankers.
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor
able terms.
FBBD'K P. LOW,
t Managers
Cashier
BRAKOnBS
I
&
Jackson
Collectiona marie on
LONDON, Head Offlce, 3 Angel Oonrt.
SAN FRANC l»iCO Office, 422 CalUoraia
OFFICK, TORONTO.
Agents In London:
BosANtiUKT, Salt & Co.,
SECU.ilTIKS, OolOi
County and Railroad Bonds
Agent.
Anglo-Californian Bank
$1,000,000.
D. &.
State, City,
B. E. UBBBC8B, Pres't.
Imperial Bank of Canada
;
L.
THK
on Canada, British Columbia, Portland, Oregon,
and San Francisco.
Bills collected and other banking business trans-
Capital,
BondiP,
S.
STREET.
Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland,
HOWLAKD, President
TT.
NEW
also
S.
Invested in
Dividends on such securities at due dates.
Bankers, London, SMITH, PAYNE & SMITHS.
UNION BANK OF LONDON.
do
do
YORK, N. B. A.
do New York, BANK OK
do American Exchange NAT. Bank.
do
fers.
H.
STATE STREET, BOSTON.
40
Issues Commercial and Travelers' Credits available
any part of the world. Drawfi Exchange, Foreign
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
and arranges to pay
Collections and Securities
North America,
W. LAW80N,
Co.,
DEALERS IN GOVERNMENT
;
MCTAVISH,
&
BANKERS
in
OF
acted.
Chas. A. Sweet
Boston,
n k
D. A.
)
RAILROAD BONDS
Dealer in CITY, COUNTY and
Agency, 62 Wall Street.
GEOKGE
No. 9 BIrchtn Ijane.
No. S3 W^ALI.
EAXK
BANKER AND BROKER.
No. 51 STATE STREET,
BLAKE BROS. & CO
$3,6011,000 Gold.
AGENCY OF THE
British
"LATE CASHIEK BLACKSTONE NATIONAL
STOCK BROKERS,
SurploH,
and make collections in Chicago and throughout
the Dominion of Canada.
Ba
Stanton D. Loring,
j
Sterling Exchange, Francs and Cable
Transfers ; grant Commercial and Travelers' Credits
available in any part of the world; Issue drafts on
Offlce,
IgTestmeat Securities constantlv on hanti,
OF SAN FRANCISCO.
OFFICE.
Board
Orders executed on Commission at Brokers
lnctlonB,and Private Sale.
BOSTON.
The Nevada Bank
WALil. STREET.
WALTEK Watson,; Agents.
iients
Gommercta7
Bonds, Oold and
In Stocks,
S
California Banks.
But and sell
Iiomdon
K
E
AMSTERDAM, HOLLAND
President.
NEW YORK
Nos. S9
K
N
N. Y. Correspondents.— Messrs.
SMITHEKS, General Manager.
C. F.
Nevr York.
COMMISSION MERCHANTS
$12,000,000, Gold.
S,000,000, Gold.
-
America
J
1S79,
Oealen
,aper.
Aaents
*gg""-
f
jB.,i
Bank of Montreal.
CAPITAL,
SUBPLVS,
for
>
Adolph Boissevain & Co.
New \ork. Agencr, 48 Exchauee-place.
HAItm S
1,
14a Pearl Street
Offlce,
the w,.rld, miiki's cllectlnns In t anada
of
andelsewhcrc, and issues linifts pijyable at any
theofBcea of l\ie bank In c:anada. Demand Drafts
every
Issued payable In Scotland and Ireland, and
description of foreign banking business undertaken.
SlVrtaof
B,
1834.
;
sells Sterling KxThe New Y«rk Anent-y buys and
Cred ts available n
UENRy HAGUK.
BoatOB, Maaii.
Execute orders for the purchase or sale ol MerchanIJouils, Mcclts, ana other etfcuritles. In the
diBC
UuiU'd htaten, Europe snd the Kast make Collections,
buy and sell l'orel>;n Excliange, and give advances
for Kxport.
Mercuauu
unon Merchandibe
upon
AgcnU
j,j^jyj.,J g ,,Ar.TEU, )
Manager.
Banking CompVLONDON, KNG.-The Clydesdale Yprk.
N. B. A.
NKW VokK-The Bank of New
JOHN
CONGRESS STREET,
No. S6
Pald-np Capital, 36,000,000 Florin*.
($i4,40u,000, Gold )
OPKICB, mONTUE'lI..
HEAD
GEORGE HAOCK, General Mannecr.
WM. J. INGRAM. Asst. General
BANKERS
Co.,
BANKERS,
OF HOI.I.A.ND,
PrMldont.theHon. JOHN HAMILTON.
Vlco.Presldent.JOUN McLKNNA.V, EWJ.
&
Brewster, Basset
The Netheiland Trading Society
$0,500,000 Paid Up.
-
•
,
XXr
Vol.
No. 68
SECURITIES, CITY
Gas Stocks,
BONDS,,
&:c.,
HAS REMOVED TO
DEVONSHIRE STEEET
BOSTON.
Beers, Jr.,
No.
K»T
1,
1879.
1
NEW STREET,
NEW
YORK.
THE CHRONICLK
JANUA.I1T 17, 1880.1
Finan
cial.
Financial.
Financial.
BONDS OF SIJBETYSHIP
FInt Hortjra^e Six Per Cent Bonds
For
and Employee* or Banks
aud Hallivaya.
Offlcero
No BANK OH Railroad Empi^oyreNekd ahk his
Krie.ndh to I1i:('o.>ie ok Co.ntinur His
Suuetium, as the
New York.
No. as Pine Street,
Parchasenndsell.on Commission. OOVKRNMKNT,
8TATK, MlINirll'AL and UAII.IUIAl) IIONDS
and STOCKS, anU fill flajtsos of Si'ciirltU'S d«iilt In
at thu NKW YORK STOCK K.\CI!AN<iK. or all
n'(»utal*le SeoiritioH bouitht and sold In th« tJPKN
MAKKKT. LOANS and COMMKltCI AI, PAlMCll
ncKotiatod. Inturest paid on UBI'OSITS subject to
fCbeck.
'THOMAS
H.
WIIXIAM
BOUDBN,
HATCH,
B.
FRANK JENKINS.
&
Cisco
J. BANKKKS,
John
No. 59 Wall Street,
Son,
New
York.
DKPOSITS liECEIVBO 8UB.IKCT TO CHKCK AT
:B10HT, AND INTKKKST ALLOWED ON D.ilLY
BAHNCES.
OOVKIJNMBNT noNDS, OOI.D. STOCKS AND
ALL INVESTMENT BKCUKIT1E8 BOUGHT AND
SOLD ON COMMISSION.
&
Sheldon
Wadsworth,
strx:et,
BANKERS AND DEALERS IN
10
i«rAi<i.
BONDS AND STOCKS.
bought and
.-sold at the Stock Exchange on commission. Advances made on some.
Canada Guarantee Co.
GRANT8 BOXnS OF SECURITY FOR ALL
KLKflBLK .MKN I.N SUCH POSITIONS AT A
TKIKL1N(; CilAUOK PKR ANNUM.
This Cnnipany'M Svin'tyship
c.
Wm.
Sheldon.
B.
is
nf
of
accopted by
many
thfl prlnrlpal ('. S. Railroad Coiiipititics and Home
th(! HanltH. In liuiudu ItN Itonds are
almoHt
utilvcrnally rnijulrcM by tlio Oov«Tnmi?nt8, Bunks.
Rntlway.i, and ComtiH-rrial Institution.'*.
now
or TBB
Chicago Mil. & St. Paul
Railway Co.
PRINCIPAL DUB JULY
I.VTERKHT PAYAIILE jA.SirAKV
FIRST nORTG \GEON THE SOUTH*
IVESTKRM DIVISION.
KOU SALE BY
paw
law
The available Assets of the Company (at
3Ist Dec. 187H), over and above uncalled
ttinule rontfst
Capital,
WINSI.OIV, I.AN1ER
20
$110,046
And the Gross Resources
(See Report to
360
lil
Wadsworth.
AND
GAS SECURITIES,
STREET RAILROAD STOCKS AND BONDS
AND ALL KINDS Or
f;476.46«
BROOKLYN SECURITIES,
DEALT
IIKAD OFFICE:
FIDELITY OUARANTEE
POLICIES ARE ISSUBD BY THE
H. Smith,
BANKKR AND BROK£R, Knickerbocker Casualty
NEW YORK.
No.
BROAD
(An intimate knowledge of
at)
Insurance
A SPECIALTY.
Hinckley
&
EOF NE\r YORK,
Jones,
19 William Street, New York.
aOVEUNMENT BONDS, STOCKS
AND INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
SPECIAL ATTENTION GIVEN TO
TTo.
iniNING STOCKS.
LYMAN W.
President.
JOHN
EDWARD STARK.
M. CRANE,
Stock Exchange.
(Special.)
N. Y. Mining Stock Exchange.
J.
Street,
New York.
O. Box 2,M7.)
Special attention paid to the negotiation of Commercial Bills.
Also execute orders for Mining
Yorlt.
Kennedy
S.
&
Co.,
Baakers aud Merchants,
No. 63
Hilmers,McGowan & Co
BROKERS IN
FOREIGN EXCIIANGE,
63 IVall
Co.,
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
^
General Agent.
Secretary.
&
ommlssion.
BBIGGS,
Vice-President.
Paton
RANKERS,
WiUiam Street, New
Accounts and Agancy of Banks. Corporations.
Arms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corp(>rations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
San Francisco.
.
Member
positions of trust.
Full information can be obtained at the office, 187
alt
Wm. M. Lent,
HivcKLEY,
L M. JONK8.
Member N. Y.
guaranteeing the fldolitjr of persons holding positions of pecuniary trust and responsibility, thus
securing a CORPORATE GUARANTY In lieu of a
personal bond where security Is required for the
faithful performance of the duties of employes in
Broadway.
WM. M. RICHADS.
62
Company
for the past 10 Years)
Investors or Dealers wishing to buy or .sell are
inTited to communicate.
State, Municipal and
Railway Bonds and Coupons bought and sold at best
Market Rates.
B.
Jesup,
ST..
RAILROAD SECURITIES
'
IN.
SEE GAS QUOTATIONS IN THIS PAPER.
Fred.
13
BROAD STREET, NEW YORK.
GAS STOCKS
James Slreet» IVontreal
EDWARD RAWUNGS. Manager.
SC.
CO.,
Geo. H. Prentiss,
to December 30th. 1878,
just published.)
Phospecti'S, Fokms, Ac. may be had on application to the
Government
&
NASSAU
STREIiT,
S. KENiN'EDV &, CO.,
03 WILLIA.M 8TREKT.
J.
lit
were
I, 1909.
AND JULY.
BECUUKD nV A
The Canada (^i'akantke Com
Is the /wfy
Conipiiny on the American Continent that has
nuccessfully conducted this buslncs.-*.—» result of
which is that It ha.s tii>t<n able to iMtiibli.th a Uouuh
system for thosi- who hiive been 3 or more years on
the book.H, whi'ri'l)v tUa Hubsequciit premiums nrt'
annually rcdiu-ed.-zAr reduction thin j/ear in from 15
to :tt per rent on the w^nat rate.
The udvantaues of transactInK business with this
Company are that it Is a well-established institution, and has ample re.serves, over and above Its
capital, to provide iijjainst exceptional reverses.
The most cimipli'ti' iind reliable information is obtained us to the fiitti'irdfii H of Employes, and this Is
really of the first importance to the Employer, as
also the system of periodical supervision and revision of those on the (Company's Books.
Over $1()0,0(W) have already been paid by this Company for loH-ses by unfaithful employes, without a
All classes of negotiable securities
Wm.
iii
WILLIAM STREET.
Heir York,
BUY AND SELL
BAILnOAD INTESTMEST SECUSITIES:
(P.
&
BANKERS,
So.
Stocks at the San Kranci;ico Stock Exchange, through
their Correspondents Messrs. Kennsy A DVKR.
mNEW YORK,
BOSTON.
70 Sute Street
rearl Street.
&
GOSSLER
Co.,
5S BroadTvay5 cor. Exchange Place,
OOBBKSPONDXNT8 OP
TRANSACT A GENERAL BANKING BUSINESS,
Bank of Uambars and
INCLUDING THE PURCHASE AND SALE OF International
London, (Limited.)
•
STOCKS AND BONDS FOR CASH OR ON MAR.
HOUSE IN EUROPE,
GIN. BUY AND SELL COMMERCIAL PAPER.
P. O.
D. A.
Box
BOODT.
63
&
Co.,
BANKERS,
CEDAR STREET,
In addition to a ueneral Banking Business, buy and
'lell
Goremment Bonds and Investment Securities.
J.
HAMBURG
W. McLkllan, Jr.
Reitben Leland,
Gilman, Son
D. Probst
&
Co.,
stocks, railroad bonds, governments, and
MiscbllaneodsISecdrities, Bought and Sold
Alden Gaylord,
33 Wall
St.,
New York,
COUNTY BONDS
DKALBK IV
«T. LOUIS Cirv
Sc
All business relating to the Conjtmctlon and
Equipment of Railroads undertaken.
Geo. A. Mercbr.
Wm. F. Owbns.
Member. N. Y. Stock E!xcbange.
Owens & Mercer,
BANKERS
7
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
DKALZes IK
First-CIasa Investment Securities.
GOVERNMENT BONDS, STATE. CITY, COUNTY
BAILBOAD & MISCELLANEOUS SECURITIES
Bought and Sold on Commission.
Virginia Tax-Receivable Coxtporu) Bought.
SOUIIIEBN SECURITIES A. SPECIALIY.
LOANS NKGOTIATED.
INTEREST ALLOWED ON DEPOSITS.
SPECIAL ATTENTION GIVEN TO
-STOCK AND BOND BROKERS, B^
FUNDING VIRGINIA AND NORTH
No. 52 EXCHANGE PLACE, NEW YORK.
CAROLINA STATE BONDS.
J.
;
JOHN BERENBERG, GOSSKiER A: CO
447.
C.
Collect Coupons ako Oittdxnds
NEGOTIATE LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.
AND ALL CLAS8BB Or
a(rVK8TMENT & MISCELLANEOUS BECUKITIKS
'iteferi by»«rmlHlon to W. B. Nichols * Co^ Bankeri
J.
c walcott
Interest allowed on deposits, to be drawn at will.
Also, Contracts made and carried In New York
issue a Dally
Cotton and Produce Exchanges.
Letter which will be sent on application.
We
W^ANTED:
Louisville New Albany A (^hlcago BR. Stock.
Flint & Pere Marquette Rjiilroad Bonds.
Central Railroad of Iowa
llijnds.
Huron & I>iike Michii.'an Railroad Certificates.
Fort Wayne jHckflr>n ,V Sauinaw UR. Bonds.
St. Joseph & Western KiUlroad Securities.
Atchison i Pike's Peak Kit. Ilonds. Stock and Scrip.
New Jersey Midland Itailroad Certificates.
I*ort
New York S Oswego RK. Bonds and Certificates.
International k Great Northern Railroad Stock.
Indianai>oIiB & St. I^mis Railroad Bonds.
Kansas & Nebraska RIl. Bonds and Stock.
Indianapolis nioominnton & Western KR. Bonds.
City, County and Town Bonds of Western States.
City of Winona, Minn., Bonds.
City of St. Joseph. Mo., 7 and 10 Per Cent Bonds.
City of Atchison. Kansas, Old Bonds.
Willi R.
&.
UTLEY,
31 Pine
St.,
N.
V
CO..
BANKERS,
No. 29 Broad Street,
Transact a General Banking Business, buy and sell
all securities dealt in at the New
York. PhUadelphiii and Boston Stock Exchanges,
ettherforcash oronmargtn. Special attention given
to Mining Stocks.
jos. C. WALCOTT.
Frank F. Dickinson,
Memben N. V. Stock and Mining Exchanges.
on commission
AND COMMISSION STOCK BROKERS,
Exchanee Court aud 62 Broadivay.
H. L. Grant,
1 4 S* BRO AD W^ A Y,
No.
NKW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLO.
Bee iiaotaUoaa at Cltr BaUroada In tbl* paper.
THE CHRONKJLE.
Financial.
Financial.
5-OPFICE OF THE MOBILE & MONTGOMERY RAILWAY COMPANY, DRBXKL BtTILDINQ, NEW YORK, DeO. 30'
FIRSr AJ¥D SECOND MORT-
1870.— The Board of Directors of this company have
this day declared a Dividend of Two and One-half
per cent on the capital stock of the company
(equivalent to three per cent on the old bonds) out
of the earnings for the six months ending December 31, 18TO, payable at the ofllce of Messrs. Drexel,
Morgan A Co., New York, on and after the 2d day of
OF THE
Financial.
UNION TRUST CO.
NEW
OF
YORK,
No. T8 Broadway, Cor. Bcctor
St.
$1,000,000.
CAPITAL,
HAS SPECIAL PACILITIBS FOR ACTING AS
Tran»rcr Agent and
Registrar of Stocks.
Aatborlied by Uw to »ct M Executor, Admlulitr*la
Oiurdlaa, Receiver, or Truitee, and
tor,
a
I.BOAI. DKPOSlTORir FOB OTONEIT.
'
Interest allowed on Deposlu, which may be made
and withdrawn at any time.
N. B.—Cheokt on this Instltntlon pan thronyh the
KDWAUD KING, JYemitaU.
CMarlnc-Ronu.
J. M. MoLlAK, t»l Vlce-fi'ealdenl.
J. II. OoiLviic, id Vice
8aMU«L WlLLITS,
Wm. Wuitkwright,
Gio. Cabot Wakd
K. B. Wmuit,
C. D. Wood.
e. tt. WtLUAHa,
X. O. R0NALD90N, Secretary.
M. McLEAH,
ArocsTtie SOHiLL,
The Brooklyn Trust Co.
Montasue & Clinton sts., Brooklyn, N.
T.'
authorlied by special cliarter to
•et aa receiver, trustee, guardian, executor, or ad-
This Company
Is
niniatrator.
.
^
It eaa act aa asent In the sale or management of
TCsl estate, collect Interest or dividends, receive
and
reirlstry and transfer books, or make purchase
aale of (iovernuient and other securities.
KelltEluusund charitable InstilutUins, and persons
unaccustomed to the transaction of business, will
and this Company a safe and convenient depository
HIPLKY UOPES, President.
CHAS. U. MARVIN. Vice-Pres't.
EDOAR M. CrLLEN*. Counsel.
TKUHTBES:
for money.
Alei. McCne,
('has. B..Marvln. A A. Low.
John P. Rolfe,
Thomas Sullivan, Abm. n.Uaylis. Henry K.Sheldon
H. E. Pierrepont. Dnn'IChauncey, John T. .Martin,
Alex. M. White, .loslah O. Low, Klplcy Ropes,
Austin Corbln. Edmund W. Corlies.
WM. H. BUNKER, Secretary.
Wm. B. Kendall,
Henry Sanger,
Anthonv. Member N. Y. Stock Exchange.
Pooh.
JAS. H. OUPHANT, Member N. Y. Mining Exch'ge.
JA8.
1,.
Henry w.
ANTHONY, POOR & OLII HANT,
BAKKEKS AND BROKERS.
No. 10 Broad Street, Newr York,
And 83 Devonsblre Street, Boston.
BUY AND Sell ON Commission all Securities
cuhke.nt at the new yoiik stock exchange.
Allow Interest u.v Deposits. Make Advances
ON Al'PIlOVED COLLATEltAL.
New YorkjNew England
& Western
upon
Caiiital
its
FEBRUARY
DAY
The Michigan Central Railroad Company, )
Treasitrer's OppioE, Room No.46,
\
Grand central depot, New York, Doc. 10,1871).
'I'HE nntECTOKS OF THIS OO.Ml'ANY
I have this day declared a dividend of FOUlt PER
Stock, payable on the 2d day
of February next, at this offlee.
The transfer books will be closed at 3 o'clock P. M.
on Saturday, the 27th inst., and will be re-opened on
the morning of Friday, the 6tli day of February
C. VANDBRBILT, Treasurer.
next.
CENT upon its Capital
BUKLINGTON CEDAR RAPIDS AND
C. Shout, President,
i naw vnrt
liEHEvoisE. V. Pres.,!"^" '""•
r.l'cms I.. HCBHAui), Ast. VIce-Pres., Boston.
W.M. P. Watson, Sec. and Treas.. Chicago.
K.XKCUTIVE COMMITTEE:
rorewell u. kolston,
william p. watson,
John C. Shoht,
Geouoe f. Tauian,
GEOKGE W. DEBEVOISE.
BONDS
and
At Auction.
REGULAR AUCTION
hold
or
all
classes of
STOCKS AND BONDS,
OM
No. 1
U.
MULLER &
PINK STREET.
NEW
SON,
YORK.
Albert E. Hachfield,
19
NASSAU STBEET,
BASEMENT,
Deals In Investment Seeurltles and
Bonds Generally.
WANTED.
Toledo I,ogan»port & Burlington Bonds.
Union A Logansport Bonds.
Home Watertown A Ogdensbnrg Bonds.
Flint A Pere Marquette Bonds and Stock.
Indlanaixills Blo.,mlngton A Western 013
and
New Securities.
New York A Oswego Midland Bonds.
New Jersey Midland Bonds.
CO.,
Sc
WILLIAM STREET.
BONDS
INVESTIHEIWT
MINING COMPANY.
LARGE AND SMALL
IN
Full Paitieiilars FHrnishcd
26 Nassau
Street, Neiv
WANTED
FOR SILE:
& Great Western
Atlantic
51
this
John T. Agnew,
CHAS H. MARSHALL,
H. H. Baxter,
Fred. Taylor,
Wm. Tcrnbull,
Horace Porter,
Bowie Dash,
W.m. R. Preston,
W. D. Morgan.
And for inspectors of election
Alex. McL. Agnew,
Peter M. Bryson,
FRED. TAYLOR,
No. 31 .NASSAU
JAM«S
WOODWARD
T.
elected President.
A OSWEGO MIDLAND,
ST. JOSEPH A WESTERN.
ST. JOSEPH A PACIFIC,
KANSAS AND NEBRASKA SECURITIES,
Bought and
J
S.
'THE
NATIONAL
York, January 16. 1880.
At the meeting of the Stockholders, held on the
13th, the following-named gentlemen were elected
Directors for the casuing year, viz.
I.
Seney,
Henry A. Huribut,
Henry I,. Pierson,
Solon Humphrey,
Augustus C. Richards.
Isaac H. Bailey,
I.
William H. Lee,
Robert B. Minturn,
EUi Jt C. Cowdin,
Samuel Shethar.
At a meeting of the Directors held this day G EO.
SKNEY was unanimously re-elected President.
GEORGE J. MCGOURKEY,
Hatch
BANKERS,
&
Cashier.
Foote,
No. 12 WAI.!.
C.
Na -san
STREET
Street.
L
S
V.
CHEIV, 29 Rroadwar.
&
Thomas
P. Miller
Co.,
BANKERS,
mOBII,E, ALABAMA,
BUY AND SELL
ALABAMA State Bonds,
~
MOBILE City Bonds,
Mobile & Ohio Railroad SEcrniTiES.
AVAINTKD:
All
MlSi-OURl and
kinds of
them.
address,
li.
Give
Highest market
lull description,
'lliird street, St.
lTi:SSOVKI
Louiw,
&,
Mo.
COUNT BONDS."
I'
Buchanan County, Mo.. lO's.
Cass County, Mo,, Id's.
Cape Girardeau County. Mo., lO's.
Chariton County, M(j., H's.
Daviess County, Mo., 7'8.
Henry County, Mo., lO's.
Howard County, Mo., Chariton Township.
Henry County, Mo.. lO's.
Marion C<)unty. Mo., Mason Township.
Morgan County, Mo., lO's.
Pettis County. Mo., lO's.
St. Clair County, Mo., lO's.
Ralls County, Mo., lO's.
Sullivan County, Mo., Te.
TOBElf
and
COQITAKD,
A.
BANKER AND BROKER,
124 N.
~~
ILLINOIS DE-
FAULTED COUNTY BONDS.
price iiaid for
re-
BANK, New
Geo.
sold by
19
ATE, RAILROAD, COUNTY AND
mUNIClPtl. BONDS
3.
OF
GKO. W. PERKINS. Cashier.
METROPOLITAN
STANTON,
Texas Bonds.
yf
Cashier.
was unanimously
STUKET.
NEW YORK
BOUGHT AND
January 16. 188'J.— v\t the Annual Election for Directors
of this Bank, held on the 13th instant, the following-named gentlemen were unanimously elect lid for
the ensuing year, viz.:
Jas. T. Woodward,
T)e Lornie Knowlton,
Allred S. Barnes,
Raymond B. Livermore,
Thomas S. Barbour.
Mitchell N. Packard.
Sigourney W. Fay,
George W. Perkins,
Hiram W. Hunt,
Henry Ran,
Jerome L. Hill.
Elijah P. Smith,
David U. Houglitaling.
Wm. Woodward. Jr.,
Walter O. Woodford.
At a meeting of the Board held this day Mr.
Co.
CHr»ICE INVESTiWENT BO.^IDS,
A DESCRIPTIVE LIST OF WHICH CAN BE HAD
UPON APPLICATION AT THEIR OFFICE,
:
Cbas. Lamson.
At a subsequent meeting of the directors Mr. EDMUND D. RANDOLPH was re-elected President,
and Mr. JOHN T. AGNEW, Vice-President.
HANOVER NATIONAL BANK
THE
THE CITY OK NEW YORK, New York,
&
HAVE FOR SALE A NC.MBER OF
day elected directors of this
Randolph,
H. M. TABER,
C. C. Baldwin,
Thos. W. Evans,
Excbanse Place.
Kuhn, Loeb
bank for the ensuing year
D.
Railway Stock.
ASIEIi & CO.,
pONTINENTAL, NATIONAL BANK, NEW
^YORK, January 13, 1880.—The following-named
EDMUND
Vork.
:
Cairo & St. Louis Railway Stock.
Central Colorado Improvement Stock and Bonds,
Southern Colorado Coal & T wn Co. £t jck.
DIVIDEND
gentlemen were
upon Application.
Metropolitan Elevated Railway Co.
Pennsylvania Company.
St. Louis Kansas City & Northern RS. Co.
Terre Haute & Loganaport RR. Co., Guar.
by Terre Haute & Indianapolis RR. Co.
New York, January 12, 1880.
No. 13.
The Regular Monthly Dividend of Thirty Cents
per share has been declared for December, payable
at the office of the transfer agents. Wells, Fargo &
Co., 85 Broadway, on the 26th Instant.
Transfer books close on the 20th Instant.
H. B. PARSONS. Assistant Secretary.
Co.,
LOTS.
Canada Southern Railway Co.
Chicago Burlington & Qnincy RR. Co.
Chicago Milwaukee & St. Paul Railw'y Co.
Denver South Park & Pacific Railway Co.
BROAD Street,
No. 31
&
Winslow, Lanier
OFFICE OF THE HOmESTAKE
-*-
WEDNESDAYS AND SATURDAYS.
ADRIAN
63
regular Annual Meeting of the Stockholders
of this Company will be held at the General Offices
of the Company at Cedar Rapids. Iowa, at twelve
o'clock, noon, on TUESDAY, Feb. 24. 1880. The
Transfer Books will be closed on the 24th day of
W. D. WALKER, Secretary.
January, 1880.
John
GeokokW.
SALES
KENNEDY
S.
The
UNION BUILDING, CHICAGO.
- $200,000.
nndersigned
FOR SALE BY
J.
NOTICE TO STOCKHOLDERS.
CAPITAL STOCK,
be
Manitoba Railway Co.
NORTHEHN RAILWAY COMPANY.
33 PINK ST., NEW YORK,
CONGRESS STREET, BOSTON,
Offers to investors carefully-selected securities,
bearing from 6 to H per cent Interest. Investment
securities bought and sold on commission. Settlements made for holders of defaulted securities.
Will act iia agents in funding and reorganizing debts
of municipalities, railroad companies, and other
corporations. Correspondence solicited.
&
Paul Minneapolis
St.
FOR SALE BY
Stock, payable on the 2D
NEXT, at this office.
OF
The transfer books will be closed at 3 o'clock P. M.
on Saturday, the 27th Inst., and will be re-opened on
the morning of lYiday, the 6th day of February
E. D. WORCESTER, Treasurer.
next.
AND
STOCKS
OACiE BONDS
OF THE FOLLOWING COMPANIES
IWVE&TiriEXT COiMPAISY,
NOS. 31
No. 19
No.
February, 1880.
The transfer hooks of the company will b2 closed
from Saturday, the 21th day of January, 1880, until
the close of the annual meeting of the stockholders
to be held at Montgomery, Alabama, on the 4th day
J. P. CURTIS. Secretary.
of February, 1880.
CENT
J.
Cor. of
DIVIDEND
PraMtnt.
EXECUTIVE COMMITTEE.
XXX
[Vol.
WANTED BV
4 Broad
KIRK,
«
Street.
WANTED:
Alabama, Soutb Carolina & L<onisIana
State Bond*;
Neiv Orleans Jackson & Gt. Northern,
itilsslssiuul Central, and mobile
&. Ouio Railroad Bonds
City or New Orleans Bonds.
;
BUT AND eSLL
SOVBRNMSNT BONDS, GOLD, STOCKS
MISCELLANEOUS 8ECDRITIES.
ANL
LEVY
ic
BOUG,
3B
WALL STREET.
mnchV
HL'NTS MERCHANTS* MAGAZiNB.
KEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, JANUARY
30.
CONTENTS.
Fallurea
in
Accord
and the
In
1879,
Moral They Teach
Production of the
Metals
THE
Money Market, U.
51
Failures in 1870, 1S78, 1877,
52
1870. 1875 and 1871
Monetary and Commercial
53
Conniicrcial
EngliBD
Precious
8.
News
Securi-
Railway Stocks, Foreign
Exchange. New York City
Banks, etc
I
|
I
59
|
Commercial Epitome
Cotton
68
68
74
1
commands
the legislator
;
he
belief that
is
day morning, with
Quotations of Slocks and Bonds
Local Securities
luveBtments. and State, City
and Corporation Finances...
Dry Goods
Imports, Kccoipt8& Exports..
71
75
we
say what
news up
is
TERMS OF SUBSCRIPTION-PAYABLE
For One Year (includinK postage)
ForSixMonths
do
Annual subscription in London (including
Sixmos.
do
do
miud every
Satur-
midnight of Friday.
to
IN
ADVANCE:
$10
20.
6 10.
postage)
£2
do
78.
8s.
1
Suhscriptlons will be continued until ordered stopped by a written
order, or at the publication njflcc. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-OBico Money Orders.
liondon
in the
A drer Isements.
(
Transient advertisements are published at 25 cent* per line for each
insertion, but when dcflnite orders are given for five, or more. Insertions,
a liberal discount is nuule. Special Notices in Banking and Financial
column 00 cents per line, each insertion.
WIIJ.IAM n. 1).\NA, \
WILLIAM B. DANA U 00., Publishers.
79 & 81 V7iHiam Street,
YORK.
JOHN (J. FLOYD, Jll. 5
NEW
Pijsr
OKticK
lli>,\
A neat fllo cover is
Volumes bound
;
its
possible bearing
most kindly saved us from the hitherto invariable
chapter
in
last
revolutionary-paper experiences; ha" given a
bountiful
crops,
and
has
otherwise
so
arranged circumstances that, to the reverent eye of faith,
the country seems almost to have been led direct to a
But there are thousgood fortune; they demand
promised land of safe prosperity.
ands yet
who
fight
this
and fluctuations, uncertainty, conand a new crash; and these persons, in Congress
least, are the courageous and active ones.
We thus
self-deception again,
fusion,
l.Oyj.
furnished nt 50 cents postage on the
for subscribers at $1 20.
merits or in
to return to the right path in currency matters after
once having got on the wrong one. Providence has
at
'
Iffc'ents.
its
upon the campaign, there can be no extenuation of the
conduct of those who wish to make no stand at all but
to fly before this most wise and harmless proposition, of
which their terrors make a bugaboo.
All this illustrates once more how terribly hard it is
succession of
Olllce.
The London ofllcc of the Chronicle is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be tiiken at the luices above nuiucd.
motives actuating this or that
stand he takes on the subject, con-
will of the
Congressman
Finajjcial Chronicle
the latest
the
foolishly, in
acts
that intention, may be sadly out of his proper place, but
he must be allowed to be doing his duty as he sees it.
But for those who put party expediency first and, out of
02
03 sheer time-serving, try to evade the issue on any partic64 ular subject, it is not possible to cherish the respect due
to those who are willing to stand by their opinions. And
sidered either on
The Commebcul and
who
furthering the public interests and in
57
THE COMMERCIAL TIMES.
Breadstufts
51
54
and Miscellaneous
News
BANKERS' GAZETTE.
tics,
760.
country to leave untouched.
Such beliefs as these,
however invariably mistaken they may be considered,
are entitled to the sort of respect which sincerity always
THE CHEONICLK.
PoUoy and Principle
NO.
1880.
17,
^^anle is
I3gf For a complete set of tlie Commkhciai, .4Nr) FiN'AVCiAr, CiiromCI-K—July, 180.">, to date— or Hu.NT 8 Merchants' MauaziNE, 1831) to
1871. inquire at the olltce.
see the inexpediency of once getting off the right track,
as well as the present expediency of getting
But there
is
back to
it.
another Itsson, so plain that blindness to
must be wilful, and it is this we have especially in
mind to-day. Assuming that the higher ground of the
Following clostly upon the refusal of the Supreme public inteiests is of no consequence, and that the
Court to advance the legal-tender test case on the calen- ignoble rule of temporary party expediency is to govern
dar, comes an adverse report of Mr. Bayard's resolution legislation, it is plain to observant people that ihe exfor repeal of the legal-tender clause to ihe Senate, by a pedient thing and the ri^ht thing coincide.
Timorous
tie vote in the Finance Committee.
The cowardice for politicians fear the Bayard resolution will explode in
no milder word quite fits the occasion which would other words, that it will divide their party, ot that it
it
POLICY AND PRINCIPLE IN ACCORD.
—
stifle all
—
agitation of this subject will not be efftctual,
comes before the Senate all the same
for action, the adverse vote having no legiflative weight.
That there are men in Congress who really believe in
advanced inflation doctrines we doubt no more than that
there are demented persons who imagine themselves
kings; there are probably some Congressmen who regard the legal-tender question, in any aspect of it, as a
disturbing one, which it is best for the good of the
for the resolution
;
will hurt
no
their party with the people.
Now,
there is
examples in point.
In the inflation
struggles of 1874, terminating with the Resumption
Act, Mr. Thurman stood for sound money, and we tuppose nobody doubts that he was and still is at heart a
friend of sound finance from conviction; but since then
be has trimmed and bent in yielding to what he supposed
was the popular drift. The result is that he is politically ruined, and Mr. Garfield, who has never wavered in
lack
of
THE CHRONKJLE.
52
[Vol.
rxx;
The that this system mu'^t have an end, and when confidence,
faith, has his place as Senator.
the which we may call the bottom brick, dropped out, the
on
squarely
Ohio
in
fought
was
1875
of
campaign
«arreocy question, and again last year, and inflation was immense cone-s-haped superstructure, built and so nicely
<he Bound-money
eoandly beaten both times. We appeal to the record, balanced upon it, tumbled, of course. During the next
fartherniore, in proof of the statement that everywhere period we were liquidating, either paying or erasing
aod every time either of the two parties has stooped to debts by failure. This condition came as a necessary
fondle the rag baby it has suffered at the polls in con- result of the former condition, and any one who will re-
The conflict is member the previous process as we have recalled it, will
will continue to be so.
between sound money and unsound, and acknowledge that it could not have been averted by any
the clearest political fact to-day is that the strength of system or legislation.
Thus we see why it is that the foregoing statement
4he party in power has been its generally firm allegiance
to the former it has never failed to conquer on that shows from 1866 to 1872 (seven years) a total number
of failures of only 20,222 (and if we had included the
issue where the issue has been squarely raised.
blindness,
years of war the contrast would have been even more
incredible
Nevertheless, with what seems an
were
marked),
with an aggregate of $583,747,054 liabilities,
delusions
inflation
adopt
as though those who once
averaging
timorous
per year 2,889 failures and $83,392,436 liabilagain,
correctly
seeing
from
incapacitated
while from 1873 to the close of 1878 (six years)
4)oliticians are still afraid, after the popular verdict iiies
How can anybody the total was 47,195 failures and $1,200,908,968 liahas been given over and over.
imagine that the people want this currency ques- bilitiei",, averaging each year 7,866 in number and
In fact there could not be a
tion parent and fertile root of uncertainties and dis- $200,151,494 liabilities.
turbances innumerable to be kept open indefinitely ? more graphic description written than these few figures
On the contrary, they do most decidedly want it settled give of the forces in operation during those years and
•«eqaence.
It
irrepressible
—
;
—
—
and out of the way of
their industrial progress.
They
They bring before us the whole process
their results.
with leaders who cannot lead
are not
after the word of command has been given them. They
will admit a debt to the men or the party that performs
debtors, thus shifting the
for them the signal service of putting this perennial
period, of course, however, with constantly
likely to
be
trouble at rest.
in love
There
is
not to-day,
we
observe with
the persistent rise in values during the
rying over from year
to
period, car-
first
year almost
all
day of settlement
debts and
to the latter
and largely
ending, as such a system always must, with a general liquidation.
simply at-
accumulating
liabilities;
and united front on any
We
is an opportunity to tempted to scale the heavens with Ossa on Pelion piled,
make one. A policy and a service, combined, will make and failed. Some of the later disasters might have been
a party, and the expedient thing is to cut loose from avoided by an earlier restoration of confidence, through
a speedier return to a specie basis.
Do-nothingism.
During the period
of waiting, property and wages fell, until they retained
only a nominal value, no faith being felt in any prices,
FAILURES IN 1879 AND THE MORAL THEY however low. For this reason the process has the past
year been reversed, values rising constantly. Had we
TEA CH.
debated less, and acted quicker, the extreme depression
record of failures must always be a melancholy
might have been obviated, and many that gave out in the
kind of exhibit. If, however, such a showing could
last heat have gone through.
ever be called satisfactory, the one prepared and made
But we have finally turned over that leaf in our
public this week by Messrs. Dun, Barlow & Co. would
history and begun the new reeord. The total amount of
be entitled to come under that head. For by compariregret, a party with a bold
«Iear-cut public policy
—but
here
A
flon it is
made
quite inspiriting.
The
figures
liabilities
in
detail
reported for
1879
($98,149,053)
varies
but
from the average ($83,392,436) of the seven years
as reported by this enterprising firm we give on anther
previous
to the panic of 1873.
This is a wonderful
page; the totals, however, since the war closed have been
change
from
previous
years, and a remarkably favorable
as follows. For convenience we divide them into
little
— the
three
showing. More especially are we convinced of this
our debts; the second the period when we paid them; and when we remember that the system of reporting is now
more extended and more perfect than in the former
and the third
periods
first
may be
(1879) the
called the period
new
when we made
start.
period, and, furthermore, that nearly half of the past
Year.
1866
1867
1868
1869
1870
1871
1872
Failures.
Amount
1,505
2,780
2,608
2,799
3,546
2,915
$53,783,000 1873
•1,069
of
Year.
Liabilities.
9(i,666,000 1874
63,694,000
75,054,054
88,242,000
85,252,000
121,056,000
7otal7 7ear8 20,222 $583,747,054
AT'ge7year8 2,889 $83,392,436
1875
1876
1877
1878
Failures.
5,183
5,830
7,740
9,092
8.872
10,478
Amount
came within the first quarter of 1879,
and therefore before the monetary change had fully begun its recuperative work. Below we give the statement by quarters for four years.
year's liabilities
of
Liabilities.
$228,499,900
155,239,000
201,000,000
191,117,000
190,669,936
234,383,132
1878.
No.
Av'gc6j-ears
7,866
6,658
$200,151,494
$98,149,053
iHt quarter..
2,524i43,112,0fl5
2d quarter..
l,534'-«.fl«fl,725
3d quarter...
1, ate
4tll
quarter.
Total year..
No man ever fails
so long as he can get his debtor to
continue to take his promises to pay. If he can
devise
shall
No.
1877.
Liabilitlee No.
Liabilities
1876.
No.
I,iabilitie»
Total 6 years 47,195 $1,200,908,968
1879
a scheme by which he
rLlabillt's.
15,275.550
l.a38ll7,0W,l!3
3,355
2.470
2,853
1,800
82,078,82fl 2.869
48,753.940
1.88(1
fifi.378.3Kl I.SIH
54,5.38,074 2,806
45,088,097 1,794
42,S4«,085|2,4,50
64,644,156
43,771,273
47,857,.371
37,172,003 2,307
48,717,880 2,012 84,844,893
-\6.858198,149.053 10.478 234,383,132 8,872 190,669,930 9,082 191,117,698
There is one other feature of this report which has a
moral worth considering. "We refer to the fact disclosed
by it that San Francisco is the only city separately
mark up the prices of his
show property more than reported upon
assets monthly, he can always
covering his increasing indebtedness.
This property can
be changed from hand to hand and ever be security
for
a constantly augmenting aggregate of obligations.
Precisely such a process was in
operation from 1865 to
In the latter year the general
1873.
public discovered
in the United States where there has not
year a decided decrease in the failures ; there
the movement has been a retrograde one. To illustrate
been
this
remark we have brought together the following,
which we have taken from the elaborate table given on
this
subsequent page.
k
January
Failures
J
THE CHRONICLE.
U80.]
7,
Number.
$11,279,.523
83
56
325
803
257
216
362
167
1,091
$25,862,284
2,190
$88,823,365
.
CinciuQaCi
Chicago
6t. Louis
Total.
LiabUltlca.
$3,613,200
13,303,969
3,086,116
1,177,699
2.237.300
2,444,000
New York
Plifladclpliia
Number.
Liabilities.
170
519
189
74
Ho«t<»n
Average
8au
1878.
1879.
in.
182
Francjflco.
42,501,731
10,373,700
7,570,311
12,926,800
4,171,300
$4,310,381
365
$14,803,894
$5,317.118
222
$4,700,591
This Btatemetit showB that in the six cities first named
the number of failures this year in the average decreased
to one half the total for 1878, with liabilities amounting
to only about one quarter of the previous year's total
while in San Francisco there was only a decrease of one
in number, and the liabilities increased about 16 percent.
;
53
This shows a steadily-decreasing production of gold,
and abont the same yield as last year of silver. Theoatlook for 1880 is reported to indicate no increase iik
prodaclion. The totals of Mr. Valentine for previousyears have been as follows.
ProduetB.
lucludiug
Net I'roduet of the United Htutes and Territories
weKt of the Mluourl Kiver.
Krltlsh
Ye»r.
C<»lunil>ia
and Mexico.
Lead.
Gold.
Silver.
Total.
,320, 000 $;i3 ,750,000
,286, 000
34 ,39M,(KK)
,924, 129 38 109,39-")
,483, 302
39 ,20«.5.'i8
,699, 122
38 ,466.188
1870... $54,000 ,000 $1,080,000
1871 ...
58,284, ,000 2,100,000
1872 ...
62,230, 950 2,250.000
72,258, <>i»3 3,450,000
1873 ...
1871...
74,401, 045 3,800,000
S0,H89, <)57 5,100,000
1875 ...
90,875, 103 5,04<l,0()0
1876..,
1877...
98,421, 754 5,085,250
1878...
81,154, 022 3,452,000
75,;i49, 501 4,185.769
1879...
$52,150,000
55,084,000
60,351,824
70,1.39,860
71,905,010
239 39 ,968,194 76,708,433
,292, 924
42 ,886,935 87,219,85»
(105,
,846, ,109
,248, ,137
,032, ,857
44 ,880.223 95,8 11, 082
37 ,576,030 78,276,167"
31 ,470,262 72,088,888
These statements are all for the calendar year. The
its teaching are more
Mint figures prepared by Mr. Burchard, the present
and
previous
to
back
1876
to
sharply defined if we look
Director, cover the small production east as well as the
that year, for we shall thus find that the total failures
amount west of the Missouri River, and are for the fiscal
jn San Francisco averaged in that period only 80 to 90,
year, as follows.
with less than 2:^ million liabilities. Another way of inter1879.
preting, and thus seeing the full meaning of the last two
State or Territory.
Gold.
Sliver.
Total.
years' record, is by the following comparative statement.
The nature
of this exhibit and
California
Nevada
STATES.
Number No.
In
Business
Percentage
of
of
l^iUures.
Failures.
No. of
In
Fail-
1
every 85
everylOO
every i»3
cverylSU
79,765
229,385
l«,2H7
240,833
1
In
every 61
1
1
in
in
QveryllO
every 36
I
in
everylOS
970
1
230,1537
1(KI,574
2,2»0
1
1.0711
1
Western
256,583
1,608
CuUfurnlu
14,783
242
Total...
California
6»»,814
of
Business ures.
in
In
in
in
83,337
Siiulbern
Kjistern
Middle
Number
Percentage
Failures.
1
in
in
in
in
every
every
every
every
102
1
in
every 70
0.946
I
1
in every 64
in every 32
1
in
1,73-4
1
.3.1I«)
I
1.415
3,436
1
11,303
657,683
17,058
46
6,ia«^
472
This shows that while in
country only
1
all
532
Montana
Idaho
Utah
Arizona
.•
71
New
68
70
Oregon
Washington
Dakota
Michigan (Lake Superior)
North Carolina
racifle.&c. except
17.343
Colorado
every 64
the remainder of the
in every 110 in business failed, there
Me-xico
$17,600,000
9,000,000
3,225,000
2,500,000
1,200,000
575,000
800,000
125,000
1,150,000
75,000
2,420,000
2,225,000
660,000
6,250.000
3,550,000
600,000
20,000
20,000
10,000
780,000
$20,000,000
21..500.00O
14,!l25,00O
4,725,000
1 ,850,000
6,825,000
4,350.000
725,000
1,170,000
05,00O
2,130,000
47,000
780,000
90,000
90,00O
07,000
$38,900,000
$40,812,000
$79,712,000
Other sources
Mr. Burchard
11,700,1 <K)
90.000
90,000
50,000
(ieorgia
Total
$2,400,000
12,560.000
in his elaborate report also revises pre-
(we have not the figures to give San vious Mint statements issued since 1874, and gives the
every 36 in business, and following results of the domestic production of gold and
the Pacific States and Territories, which depend largely silver from 1874 to 1879.
was
in California
Francisco by
itself) 1 failure in
upon California for
their prosperity, 1 failure in every
DOMESTIC PRODUCTION OF GOLD AKD SILVER, 1874 TO 1879.
61 in business.
It
is
scarcely necessary for us to state
what moral
is
drawn from these figures, for it seems to be suffiDuring the past two years California
ciently evident.
has been attempting to put fetters around capital; being
to be
in a state of depression, her people have been attempting
by
legislation,
which
deprive capital of
shall
earnings, to force prosperity.
ments of
its
Cannot our
legislators
natural
heed the lesson thus
Gold.
Silver.
$33,490,902
33,467,856
39,929,106
46,897,390
51,200,360
38,899,858
$37,-324.594
$243,891,532
$233,722,260
PRODUCTION OF THE PRECIOUS MeTal^.
The mail has brought us
this
week the annual
Valentine, of Wells, Fargo
31,727,660
38,783,016
39,793,573
45,281,385
40,812,132
Total.
$70,815,496
65,195,416
78.712,18'.!
86,690,96a
96,487,745-
79.711,990
$477,613,792
In reaching these totals great care seems to have been
and the attempt also made to test the results by re-
used,
turns showing the disposition
?
of Mr.
1874
1875
1876
1877
1878
1879
not, in these state-
failures, plainly see written the results of this
movement ?
taught
Do we
Fiscal year ending
June 30.
&
circular
made of
the production.
Of course the exports and coinage are a matter of record.
The consumption in the United States is a more difScnlt
problem to determine. But Mr. Burchard has been very
painstaking in his efforts to reach the truth, not only
graphic summary of which we published in our last through public channels of information but also through
According to this circular the production of the circular letters to the manufacturers. The replies to
issue.
precious metals in the States and Territories west of the his circular were of course incomplete, but they form
Missouri River, including British Columbia, (and receipts a very fair basis for an estimate.
His conclusion
in San Francisco by express from the west coast of after such examination is that the disposition of the
Mexico) during the year 1879 has been as follows.
domestic production has been as follows for the years
named.
Year ending Dec. 31.
1879.
California
Co.,
1878.
$18,190,973 $18,920,401
21,997,714 35,181,949
Oregon
1,037,961
1,213,724
85,336
73,311
2,091,300
1,868,122
Montana
,
3,629,020
9,763,640
Utah
5,468,879
0,064,613
14,413,515
6,232,747
622,800
453,813
Ari7X)na
1,942,403
2,287,983
Dakota
3,208,987
2,215,804
1,483,871
1,594,995
Brltlsli Columbia
976.742
1,283,460
Total gold, silver and lead.. $75,349,501 $81,1.04,622
Gold
$32,539,920 $38,956,231
Silver
38,623,812
38,746,391
Lead
4,185,769
3,452,000
Total, as above
$75,349,501 $81,154,622
the tele-
1877.
$18,174,716
51,580,290
1,191,997
1,832,495
2,644,912
8,113,755
7,913,549
309,010
2 388 622
1,500,000
1,432,992
1,771,190
$38,421,754
$46,129,547
47,206,957
5,n85,2.J0
$98,421,764
Fiscal years.
Coinage.
(reUsed In arts Exported
ported by
and mauu
Bureau
of
factures.
Total.
Statistics).
Gold—
1874
1875......
1876...
.,
1877
1878
1879
^26,034,031
25,851,983
33,887,086
42,125,662
45,922,340
35,005,959
$4,578,328
5,382,098
4,153,184
3,687,192
6,078,701
3,869,125
$3,878,543
2,233,775
1,888,896
1,084,536
205,319
24,774
$33,490,902
33,467,856
39,929,166
40,897,390
51,206,360
38,899,85S
5,764,538
10,291,805
19,730,654
24,543,939
25,036,188
22,951,768
4,406,560
4,237,841
3,812,018
3,774,240
5,210,152
5,977,300
27,153,496
17,197.914
15,240,344
11,475,394
15,035,045
11,883,064
37.324.594
31.727,560
38.783.016
39.793,573
45.281,385
40.812,132
Silver-
1874
1875
1876
1877
1878..
1879
..
THE
54
FAILURES FOR
(CHRONICLE.
AND
1879, 1878, 1877, 1176, 1875,
1877.
1878.
1879.
fVoL.
XXX.
1874.
1875.
1876.
1874.
Mamb'r
In
Btat<-ii
and Territories.
No.
BiMl
neu.
Amount
of
UabillUes.
Fail-
ures.
$
Eatlem.
87
02
63
335
170
95
158
11,249 Maine
7,29S New Ilanipehlre.
e,M0 Vermont
Hastutobusetta.
<
38,877 5 Boston City..
5,083 Rhode Inland
13,188 Connecticut
170
706,600
417,748
359,736
4,820,592
3,613,200
3,094,562
2,474,844
111
113
604
325
130
281
iliddle.
75.212
34,247
20,104
62,476
19.158
3,628
12,949
2,764
New York
Now York
New Jersey
Peiin.sylvanla
Philaaelpliia City...
District of Columbia..
Total Middle
aso.sa:
Sotitlum.
10,540 VirRinia
5,743 West VIrjfiiila
7,0 1. NortU Carolina..
4,662 8<>iitli Carolina ..
8,599 Geor>;la
l,91Si Florida
8,48:' .\lalinma
6,68tl Mississippi
7,90 I»ui!<iaua
12,394 Texas
.... ...
4,34!) .\riiunsa8
23
119
30
2,290 35,534,191
3,199
848.666
84
124,000
27
100 1,000,290
73 2,497,740
574,323
86
1 20.077
19
202,109
24
991,374
76
90 4,752,557
159 1,223,892
425,427
48
126
40
89
59
119
22
1,546,577
1,569,671
1,070 15,876,703
1,415
260 3,230,176
74 1,177,699
515
216
374
470
152
Total Soutbem.
51
99
127
228
41
220
194
•138
17,54i Kentiicliy
8,738 Teunessee
100,574
186.13'
916,874
207,982
14
85
33
Delaware
Maryland
Liabilities.
1,406,200
854,739
1,843,350
12,707,645
11,279,523
2,521,981
4,680,588
No.
Failures.
Amount of
No.
Uabilities.
Failures.
149
2,037,,400
762,,728
738,,269
6,659,,054
6,469,,300
3,599,,607
5,821,,649
70
96
430
130
114
314
281, .500
2,568,,986
320,,202
15
129
1,195,615
369,011
1,067,200
1.78 8, .522
3,738,134
133,288
874,062
1,073,660
4,830,462
2,733,725
407,653
5,905,756
2,205,873
193,,000
3,603,,634
1,090,,100
44
95,293,466 3,049
138
48
73
462
258
138
197
1,312,705
70
66
103
439,569
of
Liabilities.
1,916,450
559,255
1,410,930
12.994,829
10,310,000
6,079.056
4,186,548
No. Amount of
FaU- Liablliiies.
ures.
130
73
63
1.537.500
1,'.'76,400
191
772,700
27,494,943
6,281,695
2,851,926
37,657,068 1,335
40,015,164
\r72
106
172
126
89
147
72,244,681 2,520
No.
Fail-
ures.
998 19,311, 933 706 11,920,822
887 33,244, 018 951 49,263,667
134
159
2,273, 141
2,830,485
545 10,731, ,880
138
4,281 ,495 [583 18,247,872
19
209, 600
21
259,.500
145
2,104 ,637 107
9.084,690
18
87, 977
18
164,924
77,173,750 2,909
159
84
32
36
416
Amount of
LiabiUtiea.
1,063,000
266,000
380,000
71
151
10,600,000
1.250,000
2,286,000
790
13,845,000
573 10.295.000
645 32.580.000
146
3,834,000
644 31,774,000
27
.578,000
110
1,691,000
18
266,000
91,771,960 2,163
84,033,000
111
1,514,000
542,000
1.531,000
1,843.000
138
56
131
156
16
42
45
58
250
31
148
136
3,296,307
928,429
2,781,048
6,128,404
262.800
1,118,100
913,565
2,937,684
2,493.849
391.300
3,669,758
1,121,839
17.271.920 1,361
23,083,260 1,207
26,045,143
998
18,743,000
371
5,414,893
3,191,349 ;383
332
4,787,401
6,079,710 409
9,164,200
9.736.852 283
4.307,314 245
3,909,080
183
1,565.684
140
1,272.737
2,618,537 [189
7,993.282
343
167
8,481,000
1,168,501
1,181,631
11
61
149,000
690,000
1,079.986
893,519
138
23
227
91
270,775
6.994,428
1.201.110
43
86
26,322,961 1,078
Amount
26,038,007 1,314
969 15.791, 084 1,012 15,994,,846
863 42,501, 731 865 32,490,,974
177
4,741, 993
168
3,313,,958
770 18,714,,270 632 15,540,,795
175
2.57 10,373,700
4,946,,443
785 8,389,373
519 13,303,969
143 1,201,08<!
522 8,242,649
189 3,036,116
Cltj-
Amount of
35,294,026 1,353
970 15,577,282
Total Eastern.
82,33:
No.
FaUures.
1,890,691
14
51
81
80
167
35
241
158
3,351,289
994,918
1,500,114
3,110,145
121,000
771.821
738.258
1,438,143
1,900.515
268.257
659,24
E.,229,553
56
61
118
14
48
66
99
142
22
167
94
293,000
963,000
1,333.000
4.429,000
2,201,000
406,000
1,879,000
1,385,000
We»tem.
61,208
27,285
Sl,250
25,701
19,590
23,403
10,073
31,208
11,449
5,266
(Ohio
Cinclonaci City.
j
122
194
83
179
145
152
128
83
56
66
66
Indiana
(Iliinoia
Chicago City....
)
.vlioliigan
Wlseonsin
Iowa
Minnesota
(
{
Missouri
St. Louis City...
Kansas
Nebraska
Total Western.
256,533
1,509,791
3,396,480
2,237.300
2,063,894
1,886,315
1,121,900
1,241,697
284,394
2,444,000
392,043
221,800
362
369
163
400
149
101
167
44
106
1.608 21,207,519
3,436
10,799,300
7,.570,311
5,233,549
7,672,931
12,926,800
6,627,709
2,317,38'^
3,428,100
1,052,403
1,036,416
4,171,300
647,902
823,400
373
126
35
454
206
310
154
5,866,818
3,710,584
5,718.700
8,117,091
10,065.300
8,032,!)02
2,128,710
2.604.100
1,291,852
717,232
7,239,850
355.635
338,300
3.50
114
81
141
50
45
64,309,503 2,756
9t>
3<>2
434
199
576
209
491
132
84
83
1
48
37
56,187,074 3,122
435,900
93,600
88
38
52,577,277 2,290
4,804,052
8,218,470
4,123.718
2,130,346
1,610,305
1,803,406
3,743,793
829,400
197,400
33:
286
101
144
60
175
94
42
35,459,172 1,744
2,397,000
7,510,000
4.477,000
2.575,000
2,034,000
1,029,000
3,061,000
988,000
521,000
33,073,000
Paeiflc ancl Territories.
3,060 Oregon
17,343
California
San Francisco
City.,
Colorado
3.5
1.661 Nevada
1,485 Utah
498 New Mexico
393 Wyoming
425 Idaho
11
513 Montana
,
1,050 Washington
32,126
,
Total Pacific
Grand
3
58
.\rlzona
702,157
13
173,.500
310
222
6,899,539
4,700,591
541,542
419.797
121,050
63,900
62,050
58
37
1'
10
11
29
288
163
58
56
total
& Ter's
4
68.000
90.000
171,305
21,500
83,000
11
4
4
8
16,900
694
13,163,176
34
169
79
45
659,736
44,300
16,300
7,200
46,000
31,300
10
207,800
54,000
81,30'
714 9.953,358
3,252,832
8,483,424
880.103
266,170
4
1,600 Diiltota
526
438,045
55
251 2,650,736
221 5.317,118
47
335,661
34
425,100
10
383,854
26,639
8
25,400
12
636
13,949,185
422,416
219,448
1,670,973
2,202,698 j237
503,582
72
200,167
45
6,000
8
10
3
1
140,900
30,500
83,400
75,000
203,864
8,000
386
5,555,500
3
6
5,281,111
68
2,571,000
918,331
1,011,700
240,500
969,000
3,000
92,000
2,804
388
7,768,914
135
3,540,000
6,658 98,149,053 10,478 234,383,132 1,872 190,669,936 9,092 191,117,780 7,740 201,060,353 3,830 155,239,000
55,964 Dominion of Canada... 1,902 29,347,93:
1,69:
23,908,677 1,892
25,523,903 1,728
The
25,517,991 1,968
28,843,967
966
7,696,765
good, and a hopeful feeling with regaird
Speculation, however, is
EATBS OF EXCHANGE AT LONDON AND ON LONDON not likely to be so active as it was in the autumn, owing to the
AT LATEST DATES.
fact that prices having risen from a low and depressed to a
EXCHANGE AT LONDON—
more healthy point, greater caution is necessary, more especially
EXCHANGE ON LONDON.
Jasiiakv 2.
as the country's power of consumption is not great. It is
Latest
O.NTime.
Bate.
Time.
hoped that with the commencement of a new decade agriculture
Bate.
Date.
will become more prosperous, and that the agricultural classes
Amstcrdnm 3mo8. 12-318 a'12-358 Jan. 1 Short.
For the next fix
12-04
will have larger means at their command.
Amsterdam .Siglit. 120i« »12-mi
....
months, their po.sition can scarcely improve, as they have to
3 uios. 25-42 i.i®23-47'« Jan. 1 Short.
Paris
23-23
Si(,-ht. 23-20
•®23-27is
Paris
depend upon last year's scanty crops, the bulk of which are
Hamburg
Smof. 20-33 ® -20-59
**
20-57 ®20-6..
Berlin
selling at low prices, while supplies are becoming rapidly
Jan. 1 Short.
20-32ia
"
20-37 ®20-60
Frankfort
((
exhausted. It is expected, nevertheless, that the improvement
20-57 ®20-00
Leipzig
"
|25-47i3*25-42i.2
Antwerp
in our foreign trade will be maintained, and that commerce
"
'll-92i«®U-95
Vienna
Jan. 1 3 mi)8.
il-68
with our colonies will assume larger proportions.
Bt.Pct<'r«b'rg
24>«®2458
Jan. 1
25332
Madrid
47is»47H
The monej- market, now that the annual balances hare been
Cadiz
47».fl»476,8
Usbon
90d.->ys
52lis52»8
arranged and the transitory demand has ceased, has become
Genoa
3m»«. 28-65 a25-67'a
easier, and the best three months' bills have been discounted at
Alexandria.
Jan. 1 3 mos.
96®96ia
New York...
Jan. 1 60 days
4-86's
2% and 254 per cent. In the early part of the week the quotaHomliay ... 60diiy8
l8'.8i4d.
Jan. 2 6 mos.
Is. 87,ea.
•*
Calcutta ....
Is. 8>4d.
Jan. 2
tion was 3 per cent or Bank ra,te, but this is usually the case
is. 8-,8a.
•*
Hong Koug.. ....
Jan. 2
38. 1038:1.
(.
during the closing days of the year. The Bank return shows
Sbangbnl
....
Jon. 2
68. 3 "ad.
changes incidental to the period, and they possess therefore no
From our own correspondent.
special signiflcance. The complaint still is that the supply of
LoNDOK, Saturday, January 3.
bills in the discount market is small, and there is certainly no
The pa.st week has been chiefly devoted to the balancing of prospect of any speedy or considerable increase in it. The
acconnts, and not much fresh business has been entered into.
improvement in trade has, thus far, been chiefly confined to the
tone, however,
is
to the future has been indulged in.
. .
. .
I
|
Jakcxbt
THE (JHRONICLE.
17, 1680.]
United States, the trade of the Old World being adventely
by uncertain politics, outrageous armaments, which
are impoverishing the people and are checking indastrial
development, and by bad harvests. The following are the
affected
present quotations for money:
Per cent.
Bank
rat«
Oiien-iimrkct rates
30 and (iO days' bills
3 months'
Opcn-niiirkct rates—
4 nioiiths' hank hills.
(t moll tils' bank till Is
4
214®2''h
<Si
niuiitUs'
trade
2^W2hi
Per rent
as above stated,
8]4d.
Is.
bills.
2^^2'7s
3 aa "a
:
,.».,,banks
Percent.
2
,
Disconnt houses at call
Do
with 7 and 14 days' notice
pal foreign centres
*J:^ay'2^
^
The rates of interest allowed by the joint-stock banks
and discount houses for deposits are subjoined
Joint-stn<^k
the rupee. During the past year, the fluctuations in
their value have been very marked. On the Ist of January
last, the price was only Is. 65/^d., while the last quotation was,
8}^d.
The following are the current
3
bills
55
2
2'i
u,u
Bank
Open
rate.
market.
Per.
Paris
Brussels
Amsterdam
..
et.
3
3
3
Per et.
2»b®2''b
Vienna
UslHin
Hamburg
4
Frankfort
4
Genoa
Geneva
3
4
4
Berlin
„
St. Petersburg...
_^
•J\7i>:i
3
3>eS'3%
3 ®3>4
..
rates of discount at the princi-
:
Open
rate.
market.
ct.
«
4
6
Oporto.
Miu]i-1d, Cadiz dc
Ji
Barcelona
*3ii Calcutta
4
Bank
Per.
6Vl*6
3''«9iH
0>3%G
4
4
3>s3 4
<^>lK'nliageu
Per et.
4 95
3<«
..
New York
3»a
6 «6
Annexed is a statement showing the present position of the
The revenue returns issued during the week for the past
Bank of England, the Bank rate of discount, the price of Con- year are not satisfactory,
and are especially disappointing for
the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers' Clearing-Honse
sols,
return,
££.&£.
compared with the three previous years
1879.
Circulation, IncUiding
bank iMwt hills
27,867,782
Public deposits
'
8,029i 1 28
"
1878.
:
1877.
33,003,.58t
1876.
27,592,707
28,051,3«S
4,940,137
.'5,903.0:17
6,203,440
Other di'iMisils
29,969,749 31,1 18,7.58 22,061.528 25,936,786
Govcrnni't securities. 16.587,684 14,7-20,223 13,377,6::4 15,969,162
Otlier securities
24,295,-528 29,119,440 20,511,344 19,582,320
Res'vc of notes & coin 14,967,327 10,306,351 12,052,914 14,591,390
Coin and bullion in
both departments.. 27,601,562 28,088,361 24 336,794 28,214,165
Proportion of reserve
to liabilities
28-40
3915
42-70
44-94
Bank rate
3 p. c.
5 p. e.
4 p. e.
2 p. c.
Consols
97 "2
95 >8
94 lu
94 lo
Eu^. wheat, av. price
478. Id.
30s. 9d.
51s. 9d.
50.S. 6d.
Mia. Upland cotton
e^gd.
6>4d.
C^Kid.
611, sd
Clearing House ret'u 96,062,000 88,887,000 123,550,ioO 113,327,000
There has been very little demand for gold for export during
""
the last quarter, there being a net decrease in the receipts of
Customs duties have fallen off to the extent of
£128,000; excise do. £530,000; but there is an increase of £97,000 in the receipts from stamps, £16,000 from property and
income tax, £76,000 Post Office, £ 10,000 telegraph service, and
£453.005.
£9,626 from sundry sources. For the whole year there is an
increase of about £2,200,000, due to an augpiented revenue
from income tax and stamps. The following is an abstract of
the gross produce of the revenue of the United Kingdom, in the
undermentioned periods, ended Dec. 31, 1879, compared with
the corresponding periods of the preceding year:
/—
the week, and business in silver has been very quiet, supplies
being much restricted. The quotations are
Bar gold, fine,
778. 9^d.; do reflnable, 77s. lid.; Spanish doubloons, 73s. 9d.;
South American doubloons, 73s. 8^d.; United States gold coin,
768. 3^d.; German gold coin, 76s. S^d.; bar silver fine,
52 7-16d.; do. containing 5 grains gold, 52 13-16d.; cake silver.
56 9-16d J and Mexican dollars, 51}^d. per dunce.
In reference to the state of the market during the year, Jlessrs. Pixley
& Abell give the following statement of the imports and
exports of gold during the past four years:
:
1876.
1877.
1878.
1879.
£23,244,470 £15,251,0.->4 £20,700,000 £13,300,000
16,219,570
19,898,095
15,000,000
17,000,000
imports of gold from Australia and the United States, for
Import*
Exports
The
the same periods, are as follows:
18"6.
1S77.
1878
1879
£4,911,100
£6,256,000
£3,200,000
£3-200 000
United 8t.ite8...
4,363,740
2,059,000
867,000
400;000
With regard to silver they say that at the beginning of the
year the rate was very low, and for some time there was but
little business doing with India; the Austrian demand
helped
Australia
to support prices somewhat; the quotation, however, continued
gradually to decline until the middle of March, when an active
Indian inquiry set in, and prices steadily rose till May, when
the German Government entirely withdrew from the market as
a
seller,
and a rapid advance took place to 52Md. per oz. Specup this rate for a few days, but resales
ulative purchases kept
caused the price to decline gradually to 51^d. in July. A
for India then arose; orders could not be filled here,
and large amounts were sold in Vienna for shipment at Venice,
about £500,000 in bars and florins having been placed, at prices
varying from 53^d. to 53Md. per oz. This somewhat unexpected supply coming on a rather sensitive market, caused a
decline in values to 52?6d.; at this quotation Austria could sell
no more.
demand
The supplies of silver have been from America, the Pacific,
and Germany, but from the last-named the imports have been
only about £750,000, and nothing has been received since
May.
The shipments of silver, &c., during the past year from San
Francisco to China and Japan amounted to £1,665,030,
as against
£2,243,000 in 1878, and £3,383,000 in 1877.
The imports and exports of
silver
during the past four
years have been:
^
imports
^''PO'^
1^76-
1877.
1878.
'879
£13,278,380 £21,625,652 £11,400000 fito'sOOOOO
13,596,970
18,887,337
lllsOO.OOO
li.oSoioOO
Mexican dollars have kept pretty closely to their relative
value as compared with bar silver during the past year, with
the exception of the months of May and June, when
a good
demand for China, coupled with exceptional orders for Porto
Rico, raised the price to 53d. per oz.—silver was then
only
52^d. per oz. standard.
The bulk of the imports for 1879 have, however, been taken
for refining purposes.
On Wednesday,
India Council
bills
were disposed of at
Is.
—
March
.
;Quarter8 ended.
31,
June 30,
Sept. 30,
1879.
ie79.
1879.
£
Customs
£
Dec
£
Btamps
Land tax and
4,627,000 4,488,000
8,327,000 6,2.50,000 5.240,000
2,849,000 2,915,000 2,530,000
house duty.. 2,033,000
Property and
Income tax.. 6,770,000
PostolHce
1,544,000
Tel'gh seivice.
300,000
Ci-own lands..
104,000
Int. on lulvan's
205,578
Miscellaneous. 1,108,610
Totals
Dec. 31.
1879.
£
> 5,279,000
Excise
.Year ended
81,
1879.
480,000
105,000
1,565,000
1,645,000
664,000
£
5,356,000 19,750,000
'^^^^
""-"
6,460,000
26,277,000
2,725,000 11,019,000
26,000 2,644,000
486,000 9,485,000
1,500,000 1,630,000 6,319,000
340,000
370,000
365,000 1,375,000
80,000
80,000
135.00<l
399,000
322,807
272,869
325,.520 1,126,774
697,243 1,358,353 1,108,037 4,272,243
28,5-20,188 18,922,050 16,608,222 18,616,557 82,667,017
Qu.-iTters ended^Y'ear ended
March 31, Juiie 30,
Sept 30,
Doc. 31,
Dec. 31,
,
1878.
1878.
£
Customs
£
5,128,000
8,299,000
2,831,000
Excise
Stamps
Land tax and
houseduty.. 1,968,000
Property and
incometax.. 4,091,000
Postofflco
1,484,000
Tel'gh service.
295,000
Crown land.s..
104,000
Int. on adviin's
161,069
Miscellaneous. 1,527,186
Totals
1878.
1878.
£
1878.
£
£
4,927,000 4,626,000 5,484,000 20.165,000
6,575,000 5,508,000 6,990,000 27,372,000
2,661,000 2,532,000 2,628,000 10,652,000
546,000
115,000
26,000
2,655,000
934,000
506,000
440.000
1,6-29.000
1,513.000
1,554,0(K)
340,000
83,000
296,833
825,862
370.000
82,000
206,189
325,000
141,000
383,151
6,031,000
6,180,000
1,330,000
1,190,338
1,098,411
410,000
1.047,242
4,611,797
25,888,2.55 18,817,695 16,708.527 19,069,562 80,484,039
however, that from additional returns the payments to be made during the present or March quarter, being
the last of the financial year, were £8,592,274, to meet which
there was it the Treasury on December 31 last £1,883,933,
showing a deficiency of £6,708,341. The income tax, however,
was due on January 1, and, consequently. Sir Stafford Northcote will be receiving large sums during the quarter.
The directors of the London and Westminster Bank have
declared a dividend for the past half year of 7/6 per cent, the
payment of which will leave the surplus fund at £1,008,000.
The dividend shows an increase of ^ per cent.
The London joint-stock bank has resolved to declare the
usual dividend at the rate of 15 per cent per annum. The
guarantee fund has had to supply £16,000 to enable the
directors to pay the same amount of dividend as last year.
The average market prices of the best coal in London in the
undermentioned years were as foUows:
It appeai-8,
Year.
1808
1818
1828
1838
1858
Price.
42s. Od.
34s. Od.
29s. Od.
24s. 2d.
18s. 7d.
Year.
1873
Price.
19s. 7d.
328. 4d.
1874....
-258.
1875
238. lOd.
18(!4
9d
Year.
1876
1877
1878
1879
Price
218.
198.
3d
6d
178 lid'
!!!..i88. Od*
France has, for a long period, been regarded as a fortunate
she was supposed to produce every
necessity for existence, and was thus independent. Such, however, is not the case now, as the returns for the first 11 months
of the past year show a very remarkable increase In the
importation of articles of food and drink, the only articles
which have decreased being live-stock and sugar. The increase
country, inasmuch as
is
as follows:
Wheat
Rye
quintals.
"
Maize
"
Flour
"
1879.
20,423,113
696,tS3
2,407,965
105,840
1878.
12,230,776
149,245
2,144,722
65,528
THE CHRONICLE.
56
1878.
1879.
2.'i,48r>.32.'r
Biee
.
*
FoUtoes
<t,r):i!),()oo
15,915.000
75.227,300
52,349,000
35,100,242
"
40.890,700
238;810;0OO
jure..
.'
4G/Jl7,!t30
4il,5'J 1.728
17,U0!>,515
"
I>rioa veicetableg...
^
CoAse
•'
•'
OUveon
Salt provisions
?^„7("S«Un«oi:::.V.-.V.
3r>,17S,.')()0
128,151,000
temperature is
The weather has been much milder, and the
trade ha.s,
now more that of spring than of winter. The wheat
in
has been experienced
in consequence, been duU, and difficulty
very moderobtaining former prices. Home deliveries continue
produce. It is
foreign
of
supplies
ample
their
are
but
ate,
few days, as
expected that there will be a better demand in a
the year, purmillers, according to their custom at the end of
rather
chase sparingly, and about this time their stocks must bo
low.
[Vol.
XXX.
been very seasonable, and hopes are entertained that there will
be an early spring. The advantages to be gained from an
early and bounteous harvest would be great, though it would
much to expect that, after five years of adversity, we
are to enter upon a career of uninterrupted prosperity. There
would certainly be a commencement of a better state of
things, but continuous and heavy losses have to be made good,
and the process of economy must therefore continue. Evidently, the lessons which have been learnt from the recent
be too
period of perplexity and loss, will be remembered for some
time to come, as many difficulties and anxieties have arisen,
and any repetition of them will be avoided. A pause in merbut, no doubt, a
cantile business seems therefore inevitable
fresh start will be made, if there is any reason to believe and
hope that, say in May next, a better result will attend the
;
homeDuring the week ended December 27, the sales of
farmers' labors.
grown wheat in the 150 principal markets of England and Wales
The money market is firm in tone, owing to the fact that the
year
amounted to 47,048 quarters, against 54,383 quarters last
requirements incidental to the close of the year ate heavy. These
188,200
were
they
and it is estimated that in the whole kingdom
influence, but there are indications of rethe have no permanent
quarters, against 217,500 quarters in 1878. Since harvest
newed ease as soon as they have been satisfied, and especially
quarters,
544,364
been
sales in the 150 principal markets have
as soon as the dividends have been paid. The money market is
while in the whole kingdom it
against 1,005,391 quarters
disappointing from the fact that there is no material increase in
against
quarters,
2,177,500
have
been
is computed that they
the supply of mercantile paper an improvement which has
season.
4,022,600 quarters in th^ corresponding period of last
been looked forward to for some time past, but which has not
Without reckoning the supplies furnished ex-granary at the
been realized. The following are the present quotations for
following
commencement of the season, it Ls estimated that the
money:
placed upon the British
;
;
—
quantities of wheat and flour have been
markets since harvest:
1879.
Imports of wheat. cwt 25,697,908
4,110,«r2
Imports of Hour
Salrs of home jnrowii
9,435.310
produce
17,441,000
14,397,000
^
Reaiilt
2,029,92(>
._„„„«„„
1.5,960,000
752,262
774,69o
31,090,764
„„„ ,„e
500,485
38,895,072
37,009,335
38,193,554
30,590,299
37,761,59? 38,968,249
of
ge price of English
heat for the season.
The
2,568,4fi8
1877.
21,795,728
2,77»,521
1878.
17,752.129
358,758
39,253,830
Total
exports
Deduct
wheat and floor
Per
Bank
1870.
13,100,858
cent.
3
,
2%'a)2'8
Per cent
Open market rates
4 montliH' bank bills
6 moutli»' bank bilU
4
&
6 muutlis' trade
2'''8®3
bills.
3
3
©SU
ai3>3
2%®2''8
The rates of interest allowed by the joint stock banks and
discount houses for deposits are subjoined :
Per cent.
2
Joint-stock banks
2
Discount houses at call
-H
-with 7 or 11 days' notice
do
478. 9d.
Annexed is a statement showing the present position of the
show the imports and exports of cereal Bank of England, the Bank rate of discount, the price of consols,
and from the United Kingdom since harvest, viz., the average quotation for English wheat, the price of middling
of September to the clo.se of last week, compared upland cotton, and the Bankers' Clearing House return, com-
4l8. 3d.
488. Od.
548.3d.
following figures
produce
into
from the
1st
with the corresponding period
"Wheat.
Barley
••ate....
Peas
Beans.
Indian com
Flour
in
the three previous seasons
IMPORTS.
1879.
1878.
1877.
.cut. 25,697.908 17,752,129 21,795,728
5,327,304
5,281,475
6,767,405
4,264,637
5,897,536
4,528,889
79^i,171
676,826
973,418
511,706
1,580,787
1,043,365
9,459,094
7;604,2C6 10,749,710
4,110,612
2,568,468
2,775,521
:
1876.
13,100,858
5,131,228
4,015,705
612,883
l,6:i!».«:i:i
13,417. i;58
2,029,926
E.XPOHTS.
Wheat
cwt.
Barley
Oate
Peas
Beans
Indian
rate
Open-market rat«8
30 ami 60 days' biUs
3 mouths' bills
com
noor
314.870
6,642
24,384
58,724
13,263
317,164
43.888
719,653
56.965
42,817
7.377
2,896
105,913
32.609
756,986
24,287
49,940
9,730
9,081
43.068
17,709
484,.531
10,.">0:
54,417
10,628
13,938
200,477
15,954
pared with the three previous years:
1879.
27,711,776
bankpost bills
5,106,209
Public dciKwits
28,045.331
Other deposits
Goveinni't securities. 15,843,584
20,299,840
Other securities
Res'vc of notes* coin. 15,189,737
Coin and bullion In
both departments .. 27,421,692
Proportion of i-eserve
44-78
to liabilities
3 p. c.
Bankrate
9758
Consols
468. 6d.
Eng. wheat, av. price.
Mid. rpland cotton...
1878.
1876.
1877.
£
£
33,369,560
5,577,109
26,71.5,441
1
^_ ,.
28,197,408
8,173,488
22,375,676
14.235,391
27,906,335
9,312,285
5,492,869
20,133,367
13,383,176
18,441.363
12,234,085
27,453.076
24,032,070
2771
4628
6311
5
4
2
27,872,-ii95
p. c.
15,958,6.53
17,518,852
15,467,179
28,365,434
p. c.
p. e.
94:it
9419
9ti4
40s. 8d.
518. 4d.
G^iBd.
oOs. 8d.
6tiisd.
68.371,000
61,508,000
015,,.^.
.55i„d.
Cleai-'g-houae retiu-n. 96,084,000
94,218.000
wheat having
$1 60 per bushel, the trade for wheat in
The
Saturday, December 27, 1879.
Owing to the holidaj's, business in every department has
t>een upon a very restricted scale, and a decidedly quiet feeling
has prevailed. The tone, however, is tolerably good, but, on
the other hand, doubts are entertained as to the permanence
or continuance of the recent improvement in general trade.
It is now seen that the recovery which has taken place has
been largely due to the purchases effected by American buyers, at low prices.
Those purchases led to considerable speculation, and the upward movement in the quotations was rapid
;
&
Circulation, including
price of red spring
risen in
New York
to
has been
very Ann, but business has been restricted in consequence of the
holidays. The weather continues severe, and supplies from
Eastern Europe are certain to be scanty for some time to come.
Hence, American wheat will continue in demand, both on English
and Continental account. American supplies are by no means
unsatisfactory, but European wants are very great, and as there
is no chance of any accumulation of supplies, there is equally
On the
little chance of any depression or relapse in the trade.
contrary, the tendency is likely to be towards higher prices as
but speculators have been operating with the expectation that
long as the weather remains severe.
the American demand would be followed by new business from
During the week ended December 20 the sales of homeother countries
an expectation which has thus far been
grown wheat in the 150 principal markets of England and Wales
attended with disappointment. The state of afifairs in the
amounted to 41,787 quarters, against 51,419 quarters last year;
East and in Kussia is the chief political cause which has
and it is estimated that in the whole kingdom they were
checked any further improvement but there is no doubt of
Since
167,250 quarters, against 206,000 quarters in 1878.
LojJDOir,
this country
—
;
the fact that the serious depression in the condition of British
and Continental agriculture has been largely instrumental in
oontracting business. It is very frequently said in this country
that an indifferent harvest is of but little consequence, as
bread is always cheap but though one bad harvest may not
be attended by »ery unfortunate results, a series of them cannot but be impoverishing to a large section of the community.
This year every crop has more or less failed, and it is the fifth
year of indifferent crops. The farmers are in a state of great
distress ; many are thinking of emigrating,
while landlords,
in order to retain them to cultivate their properties,
continue
to diminish their rents. Naturally, the country
is looking
forward to better times. The winter has commenced early,
has
;
harvest the sales in the 150 principal markets have been
497,316 quarters, against 951,008 quarters last year, and it is
estimated that in the whole kingdom they have been 1,989,300
quarters, against 3,804,100 quarters in the corresponding period
of last season. Without reckoning the supplies furnished exgranary at the commencement of each season, it is estimated
that the following quantities of wheat and flour have been
placed upon the British markets since harvest
Sales
of
produce
Total
1876.
12.495,886
2,019,253
1878.
17,026,789
2,391,524
1877.
21,159.782
2,560,357
16,181,200
13,721.670
15,278,600
37,365,040 85,902,573
37,441,809
29,793,738
1879.
Imports of wheat. cwt.21,857.212
3,887,698
Imports of flour
home-grown
8,620,100
Jand3U«y
THE CHRQNK'LK
U80.I
17,
exports
Deduct
wheat aud Hour
187C.
317,091
1878-
1877.
734,127
711,173
187a.
473,202
37,017,949
35,168,880
36,700,636
29,320,476
of
KcBUlt
Av'ge price of EnKliBh
51«. 7d.
478. 8d.
488. Od.
41a. Id.
wheat for the Hciisoii.
|The following figares show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.;,
from the first of September to the close of last week, compared
with the corresponding period in tlie three prerious seasons:
IMPOKT8.
1878.
1879.
cwt. 24,837,212 17,020,789
4.98:),(W;»
6,558.131
1,375.911
5,674..589
000,148
918,758
Wheat
Barley
Oat«
Peas
Beans
Indian
Flour
com
Wheat
cwt
Barley
Oats
Peas
Beans
Indian
Flour
The
com
1877.
21,159.782
5,001,011
4,116,758
772,053
501,380
10,155,858
2,391,521
3,887,098
EXPORTS.
1878.
1879.
703,509
303,599
50.673
6.317
37,175
20,825
6,918
58,339
2,832
12,708
99,111
331,729
30,018
43,192
919.190
1,491,.593
7,.'J03,105
8,918.011
2,500,357
stock markets have been devoid of
1870.
12,495,880
4,819,2<!1
3.919.(il(!
578,408
1,593,360
12,992.861
2,019,25;j
—
of
per o»
Consols for money
Consols for aeceunt
U. 8. .58of IHHl
U. 8. 4>3Sof 1891
Open
rate.
market.
Pr. ct.
25&»2''8
Amsterdam
3
4
4
3
3l2®33j
Hambm'g
Frankfort
Leipzig
4
4
3'4®3ia Calcutta
Genoa
Geneva
4
1
312
1876.
458,139
10,075
54,117
7,800
10,090
9,019
13,868
41,288
179,034
17,620
15,123
important feature
any
31i3
2%a3
sviasii!
St.
...
& Trieste.
Sliulrid, Cadiz &
liarcdona
Li.sbon & OlKirto.
Vienna
3>2a3^ Copcnhasen
New York
Bank
Open
rate.
market.
Pr. ct.
Pr. ct.
13.
11.
5238
97>3ig
<f.
6
5%S0i4
4
3\»1
4
6
1
4
31^31
Frt.
Jan.
16.
15.
d.
s.
Pork, West. mess.. "phbhSO
Bacon, long clear, cwt.. 36
"
37
Short clear
Beef, pr. mess, '<$ tierce. 82
Lard, prime West. Scwt.lO
Cheese, Am. ohou;e " 09
t.
O
.59
6
30
38
^
.
®
6
O
8'2
—
Mon.
.
.
41
70
Wed.
d.
'a/eis
®
. .
O
. .
.
®
(I.
O
-a
..
.
. .
®
.
5 7
5 S"*
6
O
O
Pri.
Fri.
d.
d.
-.0
.
.
7
SjC-^
® 7 "a
d.
f.
59 O
36 »
38 O82 O11 O'
71 »
Thurs.
d.
O'aaOH
.
«.
4
&
11
7'3
6>2
59
36
38
82
41
71
3
11
11
1011.
Thurs.
d.
».
59
37 O
38 O
82 O
Tues.
d.
6
d.
I.
59
30
38
82
41
09
41
09
O'e
5
5
Wed.
Tues.
d.
d.
Pri.
«.
d^
20 O
10 »
10 5
d.
s.
29 O
10 9
10 5
11 3
IX 4
11 O
11 7
—
Mon.
Sat.
gal.
Pet'leiim, ref
Pet'leum, spirits " .
d.
t.
29
10 9
10 5
11 4
11 5
11 5
11 6
11 5
11 1
11 O
11
11 7
11 7
11 7
713 h 713 5 7»3 5 7'9
6>a 5 6»a 5 #J-j 5 6>s
Liverpool Provisions Market.
.
:
29
10 9
10 5
11 4
HI7
"
"
11
California club.
Coni,mlx.,W.old¥c«nt'l 5
•'
new.
5
do do
52H
36
Tbim.
Wed.
Tues.
d.
s.
29 6
10 10
10 6
6
Flour (ex. State)
Wlieat,spr'g,No.2,1001b.lO 10
"
10 6
Spring, No. 3...
"
11 5
Winter,We8t.,n.
" 11
Southern, new
.
10«>»
—
Mon.
bbl.. 29
Av.Cal. white..
»71»j«.
»7I»i6.
lOSis
111
107=8
45>4
— See special report on cotton.
Sat.
d.
«.
ip
BS'is
..
.
.
a
®
..
.
®0ittittcvcial atxd^lscjcUattC0t(s %tysss.
a>5
siflso
—
3l9®l
36
5
Ttaun.
Jan.
Jan.
52i<8
Liverpool Breadetuffi Market.
d.
letter,
things.
I addressed a word of warning in October last when pig iron iu Scotland was in a highly excited state, au<l some good, 1 believe, was douc
by restraining the spirit of si>eculation which was then at work. May 1
again b<'g space for a further word or two to both employers and employed in the iron trade!
It Is barely four months since we were in the very depths of depression, with suspension of work or llnanctal ruin iu the face of those
who hatl not already met one of these? alternr.tivcs. The outlook for
the winter was gloomy in the extreme, and not a speck of blue
sky could be seen in the horizon by any one. What a clh-uigu
slnoc then
The inn>rovement, the progress, the prosperity, of
the iron trade Is iu everybody's month, from the puddler's
!
Prime
Minister.
The newspapers struggle for
information which coni'crns it, and everybody feels
that what was not less than a national misfortune has siuldenly become
a. sulijei'f of national benetit and congratulation.
But is it all genuine !
Is the demand real! How much of it is an antieij)ation of wants by
speeuhitivc puicliasi'rsi How nmch is niorely a transfer of stock from
the manufacturer's overstocked yard to the merchant's emptv store
How far hii« actual consumption absorbed the production, and how far
is it likely to reach the immense extension of production which is going
on on everj- sidel We hear daily of bhist furnaces, mills, forges, foundries, all going inio work as ipilckly as rcjiairs can be effected and fires
lighted. We arc in a high state of excitement. One buyer is rushing
after another, e.ach advancing the price on him who preceded him contracts for future delivery are greedily entered Into by eager buyers, and
a heated .and rash speculatiou as sndileu as it was unexpected has
followed a condition of things which, only four mouths ago, was as
deplorable an<l depressing as can be imagined.
I utterly fail to see Just and reasonable cause for all that Is occurring,
and can only look forward with dread to the Inevitable d.ay of sober
reckoning. The American demand has been the basis and superstructure of the whole. It took us by surprise and has been an immense gain
tons. It was only realized when we saw how nnich America was likely
to win by the bad harvest of Northern Europe; but our misfortune Is
the very reason why Europe cannot follow the American lead in purchasing power, although speculators s-em to think so. Our consumers
are In no Ix'tter, but a worse, condition for absorbing increased manufactures, still less Is a Continental demand likely to do so. Poor har%-est8, with disturbed politics and armed camps full of the peril of war,
are rather likely to curtail foreign consumption.
At home we have got to pay for our domestic supplies, which will
gradually give ns dearer money.
Ourrailway tratlic returns are scanned with impatient haste to m.ark
the signs of home improvement, but except such an Increase a.s can
nearly be accounted for by a transference of goods from producers to
merchants, there is little to arouse either hope or speculation.
The country may or not be ilisturbcd soon by a goucriil election, but
Bucli an event always disturbs and restrains busuiess.
To show wh.at a eliange in prices there has been within four months I
will only give three or four articles as an illustration. Hematite pig
iron in August was 198., to-day It is 9158.; tin plates were then 14s. Od.
per bo.\ for coke, to-day they are 24s. per box bar iron was £i 5s. per
tnn. It is to-<lay £7 per ton sliip-plates were £5 per ton, and are now
XH 5s.; Scotch pig iron was lOs. per ton, it is to-dav (iOs. per t<ui.
}'"."'"''.' '*' "*"'•*' ""*' ""*'*' "" a<'vauce Is without any precedent, and
.1
that If a change of so sudden and vi.dent a character is maintained,
much less extended, it will be as remarkable as the change Itself. While
I can only hoiie in my own interest that it may ho so,
I am sure we are
all on the road to reaction and disappointment.
the
12.
Sat.
which appears in the Timet this week,
relating to the state of trade, and in reference particularly to
the iron trade, will prove of interest. The remarks are endorsed by many, and describe, I think, a true condition of
to
Tue».
Jan.
Wed.
Jan.
Liverpool Cotton Market.
Petersburg
3
3
every scrap of
Mon.
10.
London Petroleum Market.
Bank
Paris
Brussels
boy
Bat.
Jan.
825ia
52»i8
52»ig
97":ii« 07I»i« 971»i8
971»ib
97l»j« 971»ib 97I3i«
97''8
.... 97i:'i«
106^ lOO'^ lOO'g 100^8 xl05»»
110\ 111
U0:(i
llOht
111
107>4
106\ 107
tJ. 8. 4s of 1907
107'fl
107'a
44>3
44>4
Krie, common stock
46iti
44''h
40°h
Illinois Central
107
107
104>u
104'u
101>s
52i4
52=8
52^
52is
52io
I'cnuHylvania
35>.j
30>4
PbiladelphluA Heading. 304i
36>4
Sb'H
cipal foreign centres
The following
London Money and Stock Market. The ballion in the Bank.
England has increased £1 lOjOOa during the week.
Silver,
1877.
JIany dealers have closed their books in
anticipation of the end of the year, but the tone has been
scarcely so good. It is probable that when the dividends are
declared upon the capital of public aompanies in a few days,
there will be some, if not considerable, disappointment,
especially amongst the holders of shares in British railway
companies.
The following are the current rates of discount at the prin-
Berliu
Market Heporta— Per Cable.
BnKllali
daily closing quotations in the markets of London and
Liverpool for the pa-st week, ao reported by cable, are shown i»
the following summary:
The
23,511
23,990
49,762
during the week.
Pr. ct.
57
new
Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise..
The total imports were $6,915,599, apinst $7,862,989 the preceding week and $8,590,830 two weeks previous. The export*
for the week ended Jan. 13 amounted to $4,998,157, against
$5,906,669 la.st week and $6,745,856 the previous week. The
following are the imports at New York for the week ending
(for dry goods) Jan. 8 and for the week ending (for general
merchandise) Jan. 9:
POKKION IMPORTS AT NEW TORK FOR THE WEEK.
1877.
$1,002,115
5,323,177
1878.
$1,852,110
1,390,357
1879.
$642,278
1,586,204
1880.
$2,113,912:
General mdse...
Total week
Pre V. reported..
$8,985,322
5,259,709
.$(!,212,707
$2,228,432
1,267,332
$0,915,599
7,862,989
Dry Goods
$11,220,560
$6,196,314 $11,778,388
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 ©t
.specie) from the port of New Yoi'k to foreign ports for tha
week ending Jan. 13:
Total s'ce Jan.
I
;
1,977,793
$12,215,031
1.
exports from new YORK FOR THE WEEK.
1877.
$0,197,867
3,981,539
1878.
$5,098,167
0,177,311
1879.
1880.
$1,217,380
4.429,575
$1,998,157
$10,479,106
$11,373,711
$8,676,955
$10,901,828
For the week....
Prev. reported..
Tot«l8'cc Jan.
1.
Tenders will be received at the Bank of England on the ."ith
of January for £1,585,000 in Treasury bills, in the usual
amounts, to replace those falling due.
5,iH)0,009
The following will show the exports of .specie from the port
of New York for the week ending Jan. 10, 18S0, and also a comparison of the total since Jan. 1, 1880, with the corresponding
totab for several previous years:
Jan.
.5—Str.
Wyoming
Liverpool
Mex.
6—Str.
9—Str.
France
Republic
Havre
Fr'ch silv. coin.
Eug. silv. coin.
1,700'
l,00O^
Mex. silv. dols.
Mex. silv. buU'a
21,410
15,737
10-8tr. Weser
Liverpool
London
Total for the week ($67,040 silver, and $
silv., and
Previously reported ($
-
$—
Tot. since Jan. 1,'80.($67,040 silv..
silv. dola.
$67,01»
-gold)
-gold)
and $-
$26,393
$67,040'
gold)
Same time in—
$1,784,733
$1,311,190 1871
1,316,681
1,335,938 1870
1,151,328
3,855,308 1869
,\
5.910,931
1868
1872
915,292.
931.02;
The imports of specie at this port for the same periods baT»
been as follows:
Same time
in
Same time in
3,067 11875
816,120 1871
150,101 1873
1879
1878
1877
1876
Jan.
5-Str. Atlas
5- -Brig Tula
7—Str. Andes
10
10—Str.
Am. silv. coin..
Am. silv. colu..
Am. gold coin..
Colombia.. Am. gold coin
...Hayti
...Central America...
;
;
4,801,087
U.S. of
.
G. F. LIttlefleld.. Venezuela
C. of New York.. England
For. silv. coin..
For. gold coin.
Gold bars
Am. gold coin..
Gold bars
Total for the week ($1 ,291 silver, and $1 51,622 gold)
Previously reported ($3,710 silv., and $5,693 gold)
Ttot. since Jan. 1, •80.($5,004 sUv.,
and $160,315
gold)
$500
694
200
1,2.50
100
50»
310
],500>
130,863
$1 55,916
9,403
$163,319
THE CHUOI^KJLK.
58
Snrae
Same time In—
*242..1IM
IotST.;.
1878
325,303
696.552
01,954
1877
1876
__
Same time
Umc In—
$89,935
32,312
1875
1874
1873
1872
53,l!09
In-
$159, 180
1871.
1870.
1869.
186S.
270,:i77
KJO.'.IO.-)
!t.-),019
61,310
at the
following table shows the receipts and payments
Bub-Treasury in this city, as well as the balances in the same,
for eai'h day i>f the past week:
The
884,121 70
3,321,733 27
1,430,970 .">1
1,403,6«2 19
913,4.1tl 12
1,090,344 03
Jan. 10.
12.
13.
14.
10.
16...
$
025, 010
9?.fi40,044 08
674
914 ,914
(U4 ,637
864 ,3.'4
044 ,001
98.865,324 38
99,071,101 01
U9.617,0."i8 02
99,498.270 7^
09,607,490 52
3,2rf5,
5,068,201
5,498,981
5,779.172
5.994.320
6.102,228
6,459,352
1879.
1880.
Glassware
90
46
Glass plate.
Buttons
11
Coal, tons...
Cocoa, bags.
227
225
908
21
powd.
2,002
1,241
U. S, Legal Tbsdem aj(d National Bask Notes,— From the
Comptroller of the Currency, Hon, John Jay Knox, we have the
following statement of the currency movements and Treasury
balances for three mouth.s past
Cochineal..
135
i_
n,o4fl.2lW 4:
r
,028,592 0«'.
Blcii.
V. S. lionilt held a» lecurili/ for
Oct. 31.
yalional llanL-g.Bonil»roi-olri'HlHtlonaci«>slted... $7,286,330
Bonds for circnlatlon wHlKltawu. 2.514,4.50
Nov.
$9.7.J.i..«)0
Boston
Phtladeliiliia
MlsceUaneous
Total
794
22
Madder, &e
Oil, OUve..
96
768
103,500
333,420
13,121,779
13,374,7.57
946,000
636,000
241.000
1.525,000
905.000
730.000
216.000
927.000
358.000
213,000
1,400,000
1,424,000
$3,348,000
$3,251,000
$2,922,000
—
Bristles
$.349,894,182
351,801,450
322,555,965
340.961.216
2,342,558
18,638,302
Increiwc during the last mouth
Increase sinee Jan. 1, 1879
X-egal Ttuder Notes
Amount outstanding June 20, 1874
$282,000,000
Amount outstanding January 14. 1875
382,000,000
Amount retired under act of Jan. 14, 1875, to Mav 31, '78
35,318,984
Amount outstanding on and since Mav 31, 18'8.."
346,681,016
Amount on dciwsit with the U. S. Treasurer to redeem
notes of Insolvent and li(|uidating banks, and banks
retiring ciirulatiim under Act of Jujie 20, 1874
13,374,737
Increase lu deposit during the last month
252,978
Increase in deiwsit since Jan. 1, 1879
2,802,992
—
of national
gold banks, not included In the above
49,904
27,423
25,243
23,122
15,459
15,003
85,561
56,458
6,390
35,302
37,200
8,070
229,433
3,220
1,071
Lemous
..
.
. .
61.803
1,004,330
4,699
16 Hides, undr.
91 Eico
1,136 Spiees, Ac76 Cassia
Ginger.. ..
53'
104
35
39
210
Pepper ....
14 Saltpetre
3 Woods
141 Cork
3,818
2,103
12,745
- .
9,7'
100
41,731
4,723
Fustic
Cutlery
Hardware...
292
123
21
19
Logwood
..
Maliogau}'
559
1,649
2,049
2,G25
3,346
15,557
345
Exports of Provisions.
The following are the exports of provisions from New Tork>
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for the week ending January 10, 1880, and their
distribution:
ToLlverpool
....
London
Glasgow
Pork,
Beet,
Lard,
Bacon,
Cheese,
bbls.
bbls.
1I)S.
lbs.
lbs.
1,861
988
2,009
104
1,143
iso
83
17
496,313 10,436.635 1,087,429
254,273 408,200
687,623 262,200
88,120
706,800
20,700
106,875
607.200
12,875
350,400
27,600
61
240,000
148,419
713
British ports.
Hamburg
Bremen
21
Tallow,
lbs.
820,300
310,020
151,700
Rotterdam...
Antwerp
Havre
Marseilles.
Italy....
444,125
983,565
4,000
. .
288,000
Lisbon
Genoa
56
.
3,254
Oth'rcountr's
193
378
21,375
481,845
393,882
21,000
112
200
Total week
Previous w'k
7,867
4,900
7,470
Cont'l ports..
8.&C,America
West
Indies..
B. N. A. Col
.
.
Circulation
*
$1,426,120.
70,520
Oranges
1,0311 Nuts
Hull
Amount OKtstiiniling June 20, 1874
Amount outstandiuf,' Jamiary 14, 1875
Amount out.Htaudlng M.iy 31, 1878
Amount (iut«tandin); at date*
Cigars
"5!)2 Corks
1,393| Fancy goods
60, Fish
126: Fruits, &c.—
""491
2,245
.
Linseed
3,142
2,625
1,054
llaisins
.
Molasses...
Metals, Ac-
873
1,820
1,545
45
&c.—
-
4o4
Jewelry ,<&c
Jewelry
Watches
5,034
Wines,
73
Hides, dr'sd
India rubber
Ivory
1,081
14,175
37.468
3,135
.
895 Champ'gne
279
Ij.iskets
142 Wines
194 Wool, bales.
124 Reported by
105 value.
1,926
.
19,507
305,623
3,755
0,752
.
305
100
501
Hemp, bales
Hides, &c.
22,046
13,448
37,108
900,332
8,648
92,592
139.511
3,090
3"
tos..&bbis.
and bags
Tea
1,920 Tobacco ....
332! Waste
102
1,000
2,929
5,037
127
....
Soda, bi-cb.
Soda, Sill...
Soda, ash..
Flax
Fura
Hair
Statement of the Comptroller of the Currency on Jan. 1.
1880, showing the amounts of National Bank notes and of Legal
Tender notes outstanding at the dates of the pa8.sage of the
Acts of June 20, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at date, and the
increa.se or decrease:
National Hank Notts
Indigo
1,190
110,230
r8.577: Su.gar, boxes
.
Gunny cloth
35,318,984 33,318.984 35,318,984
1873
Total nuiount of greenbacks out346,681,0)0 346,681,016 346,681,016
standing
Kational Bank Circulation—
3,602,0.50
3,109.3.50
2,576.580
Newelixiiliilioni.isucd
224.990
234,022
672,872
Circulation R'tlieil
Total notf.s ontstnuding—
Currency. 335,754,298 338,618,658 340,901,210
Gold
1,447,120
1,447,120
1,426,120
Kotes rec'vd for redem'u from—
New York
.
Gum, Arab.
Opium
ncr;.?!-
.SO.
$.->,600,400
7.907.200
4,207,900
363,802,400 365,194.900 367,021,000
Total hi'lcl for flrcultttlon
Bondsbildassuciultyfordeposfs 14,692,000 14,763,000 14,817,000
Legal-Teniler jVote*.—
DciMwlti'd in Trc;i8Ury under act
122,400
of June 20,1374
Total now on doinwlt, Inclndiug
12,907,199
liquidating banks
Total entered nndcr act of Jan. 14,
Gambler
43!<
1,788
99,640
102
Coffee, b.igs.
Cottou.bales
Drugs. &o—
Bai'k, Peru.
SiHjltcr, 11)8
3 Steel
1,972 Tin, boxes.
81 Tiusll)S.,lb8
151 Paper Stock.
894 Sugar, hhds.
15,245
1,185
90
Total
700
1.131
.
1879.
1880,
Metals, Ac262 Lea<l, pigs
214
£arthenw
(«>
returns,
:
Olass
$
$
XXX
shows the foreign imports of leading articles at this port for
the years 1880 and 1879
[The quantity is given iu packages when not otherwise specified.]
China
Currency.
Quid.
Imports or IieadlDK Articles.
The following table, compiled from Custom House
China, &c.
Balancen.
Payments.
Receipts,
f Vol.
—
375
2,771
109
640
3,.594
.
62,325
62,779
206,171
7,410
18,630
10,633
6,367
733
14,462
625
3.136,754 13,998,017 1,805,302 1,312,140
2,827,371 17,242.641 1,611,298 1,163,646
The new card of the New York, New England & Western
Investment Company, 31 Pine street. New York, will be found
in the Chronicle to-day. Gentlemen connected with the company, and who have been familiar with all its operations,
inform us that the company's office has become a profitable and
for twenty-nine consecutive months, the net earnings being convenient place for investors wishing sound securities, and the
the company has grown to large proportions.
$781,913, or $323,950 per annum, leaving the net earnings per business of
annum, over and above the interest charge, $183,550 The Through its agency large amounts of money have been invested
taxes due amount to $7,000, while there is in litigation $25,000 for owners of capital, and many counties, towns and cities have
—tax on the capital stock. The company presented a petition funded their entire indebtedness ; and holders of defaulted
bonds ha ve found the company's service of great value. The
to the Court, asking that the road be returned to the hands
of Executive Committee is composed of Messrs. John C. Short,
its officers, as previously agreed upon.
Judge Drummond re- Rosewell G. Eolston, William P. Watson, Geo. P. Talman, and
ferred the report to Master in Chancery Bishop, and until
he
makes report, the road wiU remain in the hands of Keceiver Geo, W, Debevoise, gentlemen whose names are prominent in
financial circles in this city,
Holcomb.
Attention is called to the card of Mr, John P. Zebley, Jr.,
8t.Paal& Dniath Railroad.—This company's financial statebanker and broker, 5 Broad street. New York. This firm has
ment 18 as follows:
been in the Street for some years, and has had much experience
* '" "K<^EMBER 1. 1879-8IX MONTHS.
T».ll«.,l
Railroad -^^I'l.';'"'
receipts
i|Kt7« hot
in securities of the West, and give especial attention to deKallroad cxininses
.'"^.'.'."!'.":."::::7zit'^l
faulted bonds of Illinois, Missouri, Kansas and Nebraska, and
$128,516 cheerfully furnish all information in relation to the same. They
Becelpts land department
Aao naa
Expenses land department
'.'..".".'.'.'.'.'.'.y.y."
also desire correspondence inviting information in relation to
8,980
80,116 all bonds and stocks dealt in on the New York Stock and Mining
Exchanges.
iy>toi.
Preterrc.1 stock "receiviii in" "payment" iitid'canceiled:
"
! ^^64'! "
Mr. Joseph G. Martin, stock broker, of No. 10 State Street,
:
! ! ! !
357
Boston, has issued his annual publication of "Stock PluctuTotal.
$144,273 ations" in that market, whicli constitutes an appendix to his
seventy-three years' history of the Boston Stock market. Mr.
37,568 Martin is well known as the careful statistician of the Boston
market, and his publications carry a reputation for accuracy
$U6,706
and completeness which secures for them a ready circulation.
—The N. Y. Tribune Almanac for 1880 is at hand with
its
^The Homestake Mining Co. has declared its usual dividend
9>"tit«l and general statistics, at the
old and (for December), payable at Wells, Fargo & Co., 65 Broadway,
^ZlZ^J^ll"^
moderate price of 25 cents per copy.
on the 26th. Transfers close on the 20th.
Chicasro
equipment
& Inwa.—Receiver Holcomb has put
in
good order, and paid
the road and
some old
claims, and reports to the United States Circuit Court that he has §211,504
on hand, being $63,004 more than the amount necessary to pay
the accrued interest of $148,500, He had operated the road
oflF
—
!
! ! !
! !
—
«^^'P^
—
jANUAnv
No
THE (CHRONICLE.
U80.]
17,
lUKN
V
Tlie following (llriilondH have, raccntli'
I
banks, issued January 10, showed an increase of $3,^88,575 in
the ex'.ess above 25 per cent of tlieir deposits, the whole of
such excess being $3,833,400, against $483,823 the previous
National Banks orga>>ized durin«f the past week.
Ul
Name of
Gonipaiiy.
week.
un.
liccii
The following table shows the changes from the prevloiu week
and a comparison with the two precediD(r rears.
niiimiinccd:
Per
When
Bnolcs Closed.
Cent.
Payable.
(Days inclusive.)
1880.
Jan. 10.
Rnllroads.
Kansas City Topeka
&
WhbIciii.
Fell.
2.
Jan. 15 to Jan.
Aiiieiicnii
Kxch ugo
>
Hroolily II
Ooium«i(
Flro
On
On
Ou
On
On
On
5
10
U
'.
I'Miv
liil
C'nntiiuMital
G-S.
,
Umpire city
Exclmiiw FIru
5
7>i
Oerinan Americuu
Gorman ia
(ireouwich
<JiiardiHii Fire
Ilowaril
•.
Kings Ciiiiuty
I<af ayot t e
On
On
10
Lamar.
I/6I10X Fire
Maiiiiatiaii Fire
Meoliaiiics* »& Traders'
5
Nassau
Kopulilic
deni.
dem.
dem.
dem.
dem.
dem.
dem.
dem.
dem.
Interest
Periods.
<lem.
1880
1880
1881
1881
1881
1881
mss, 1891
ms, 1891
4s, 1907
Is, 1907
6s,
6s,
6s,
6s,
5s,
5s,
iletu.
20.
On dem.
Hauks.
National Exeliango...
JTIfxecllaneou*.
Oregon Kallway & Nnv. (quar).
money
On <lein.
Ou dem.
5
10
Willlam.sl)urf;h Cltv Fire
3^
Fel).
2
Fell.
Jan. 27 to
Feb.
4.
FRIDAY, JAN.
16, 18 80—5 f. M.
and Financial Situation.— The course
financial markets has heea very much what was
JTIarkel
of affairs iu the
anticipated— money has relaxed, the activity in stocks and bonds
baa increased, and the demand for investment securities is sharp
and apparently increasing daily. Hiving omitted, as usual, our
review of the month of December (including that month in the
review of the year) we bring forward the following interesting
statement of the total transactions at
the past four months
tlie
Stock Board in each of
:
September.
November.
October.
U.S. Governm't bonds
State bonds
$0,S90,GOO
413,800
$3,4l?3,8.")()
Katlroad bonds
Banlc stoelcs. .shares
"
Kailroad. &e..
33,r.90,.')47
00,982,140
Ull
6,973,101
2,1H1
11,252,601
. .
.
The statement
1,951.4.")0
December.
$6,275,100 $9,387,700
906,000
633,200
51.822,910 42,641,055
999
719
10,.535.975
7,052,548
Barlow k Co. of the mercantile failures
it is certainly one of the most
remarkable exhibits of the sort ever made. The total number
of failures in the United States in 1879 was 6,058, with liabilicf Dun,
in 1879, has just been issued, and
ties of 198,149,033, against 10,4^8 failures in 1378
amounting
to ^331,383,132.
All the years in
ceeded f90,000,COO, from 1657
with
which
liabilities
failures ex-
have been as follows:
to date,
Amount of
Year.
Failures.
1857
1858
1861
1867
1872
1873
1874
1875
1876
1877
1878
1879
4,932
4,225
«,U93
2,780
4,069
5,183
$291,750,000
95,749,000
207,210,000
96,666,000
121,056,000
228,499,900
,"i,8,30
155,239,(100
A
Liabilities.
7,740
9,092
8,872
10,473
U,058
transaction which attracted
some
$10,080,700
$12,307.2.!i0l
ilom.
•Jh Jan. 17.
0-23 On dem.
Standard Firo
Stuy vcwmt
Tlje
Jan.
5
Pliciilx (Broolilyu)
$3.S22,40O lue .$3.338,575
Siiri'lns
United States Bonds.— There has been a strong demand for
Ciovernment bonds on investment account, and there is but a
small supply of bonds in this market to meet the demand. The
late reports from Washington indicate that the bill for refunding
in 3J per rent bonds has a good chance of passing the House,
and that there is a possibility of an ultimate compromise between the different parties on a bond bearing 3'6o interest.
Closing prices at the N. Y. Board have been as follows:
On dem.
7
10
Peter Conper Fire
1.
dem.
dom.
dem.
Ou
On
1878.
Jan, 12.
$590, 100 $230.{!S2.000 $230,030,300
1 S. 962,4001
27,093,200
64. 300
19,785.000
19,861,000
2 l(!.i)9.->,600 Inc. 4,908. 500 206,482.200 203.666,000
14,097,800 Inc. 1,371, 300
45,O55,400|
31,801,000
$01,718,900 Inc. $1,227,,12.-> $51,630,5.jOi $50,910,500
65,571,300 Inc. 4,503,.700
61,017,800
61,897,200
On dem.
7
5
Mercliauts'
Montaiil;
Lofntl reserve.
Itcsorve held.
Dee. 21 to Feb.
1879.
Jan. 11.
3,191, 400
5l.47;)..->00 Inc.
2.1.H 12.900 Inc
On dem.
(J
Mooliaii iff'
New Yorli
On
Ou
On
5
5
5
Lonff Tsiamt
.
dem.
dem.
dem.
dem.
2.
8|>eele
Cireulntiou ..
Net deposits
Legal tenders.
dem
dem
Fel>.
On
On
On
On
On
On
3h
Ou
i'arriiKiii Fire
FlreiiHirs Trust
Dlffer'nces fr'm
previous week.
Loans and dis. $270,116,100 Dec.
2;!.
IfiNiiruuce.
Amori«ai!
59
201,000.000
191,117,000
190,660,936
234,383.132
98,149,053
attention was tlie with-
drawal of bonds and surrender of circulation by the National
Metropolitan Bank of this city. This bank deposited $3,200,500
in the Sub-Treasury for tlie retirement of the same amount of its
circulation, and wthdrew $3,450,000 in four per cent bonds.
President Seney said that tlie operation was merely a business
one, by which the bank clears a profit of over $90,000, besides reducing materially the onerous tax (one per cent) which it has been
paying on its note circulation.
The money market has shown decided relaxation, and during
the past few days rates have been quoted at 3 per cent on gov-
6s,
6s,
6s,
6s,
68,
eur'cy,
cnr'cy,
cur'ey,
eur'cy,
cur'ey,
&
&
&
&
reg. J.
J.
coup. J.
J.
rcg. J.
J.
coup. J.
J.
reg. Q.-Feb.
coup. Q.-Feh.
Q.-Mar.
eoup. Q.-Mar.
reg.
reg.
Q.Jau.
coup. Q.Jan.
189 5.. reg.
1896. .reg.
J.
&
J.
cS:
J.
&. J.
Jan.
Jan.
Jan.
Jan.
Jan,
10.
12.
13,
14.
15.
Jan.
IB.
•1021a -IO2I3 '102 19 '102i3^102%
*102»8 '102 la 102% 102i2'^102%
•10438 '101=9 104=8 104 13; lOlHj'
•10438' 104^8 104 13 lOlia lom!
•102 '4 •10238 •102% '102%| I02I2
-1031.2 103 ''s no35(, 10358 103%
*107
107 ig 107 12 107% 107%
IO7I4 107% 107% 107% 107%
lOS's' 10413 104% 104 la 101%
103^! 104 14 104% IO4I2 104 13
•12114; •12112 "I2II1J 121
121
•12112 •121^ •121% 'I21I4 I2II4
102%
102''9
104%
104%
10213
103%
107%
I
107%
1041a
104 13
121
•122 •122 •122
'I2II2 121 13
)22i4l •I22I2 '1221s 122
'122
•122?j •123
'123
1221a 1221a
• This is the price bid
uo sale was made at the Board.
The range in prices since Jan. 1, 1880, and the amount of
class of bonds outstanding Jan. 1, 1880, were as follows:
1897.. reg.
1898. .reg.
1899.. reg.
&
j
I2II4
1211a
122
1221a
:
Range
Amount
since Jan. 1, 1880.
Highest.
Lowest.
Jan. 13 102% Jan. 13
10413 Jan. 13
Jan.
1881....ep. 103% Jan.
3 loss's Jan. 15
2 107% Jan. 13
Has, 1891.. ep. 106% Jan.
2 104 13 Jan. 14
4s, 1907....ep. 103
Jan.
6s,eur'ncy.reg.
68, 1880.... ep. 1025]
6s, 1881....cp. lOlifl
5.S,
Jan.
1.
1880.
Registered.
Coupon.
$14,730,000
185,389,550
286,987,750
167,981,900
492,645,450
64,623,512
$3,685,000
68,774,700
221,452,600
82,018,100
215,845,100
Closing prices of securities in London for three weeks past
the range since January 1, 1880, were as follows:
U.S. 5s of 1881...
U. 8. 4ias of 1891.
U.S. 48 of 1907...
Jan.
Jan.
Jan.
2.
9.
16.
106%
1061a
look's
110^
106 14 106 la
each
Range
and
since Jan. 1, 1880.
Lowest.
Highest.
x05% 105%
HI
107%
Jan. 15 look's Jan. 12
10979 Jan. 2 111
Jan. 13
IO6I4 Jan. 2 107% Jan. 16
State and Railroad Bonds.— The strongest among the Southern State bonds have been the Alabamas and the Virginia deferred.
The first named bonds, as well as other good Southern
bonds, are in demand at home, where there is more money for
investment now than there has been at any other periol since
the war.
Kailroad bonds are very strong and active, and the investment
demand is pushing up the prices of all old bonds, while many of
the securities of defaulted and reorganized roads are also in
sharp request.
Messrs. A. H.
MuVer & Son
sold the following at auction
Shares.
I
113
10 Park Fire Ins. Co
New Jersey Midland
214
RR., $100 each
142
5 Jeflersou Fire Ins. Co
155
|
I
:
Shares.
lOEmpIro City Fire Ins.... 100
38 N. Y. Gaslight Co... .82ia-80ia
5 Produce Bank of N. Y... 4.0
—
miscellaneous
I
i
Stocks. — The stock market
Railroad and
has shown an increasing business, with i>rices generally stronger.
There have been some temporary re-actions in the course of
from sales to realize profits, but the undercurrent
market appears to be strong. The latest report directly
bearing on the price of stocks is that concerning the consolidation of Kansas Pacific and Union Pacific with a large stock dividend on the first-named both stocks have advanced materially.
Nashville & Chattanooga is strong on its reci-nt acquisitions, as
The
It will form a leading trunk line from St. Louis to Savannah.
Wabash & Pacific stocks showed some weakness on Wednesday
and Thursday, but are firmer again to-day. The Missouri Kansas
& Texas securities have been active and strong this year, but
prices, occurring
of the
;
who will eventually control the road,
public witli certainty.
Erie has again
is
not yet
known
to the
come forward and shown
The Western Union stock does
ernment bonds, and 4(33 on stock collaterals, a fair range of the some activity at higher prices.
not weaken much as yet from the threatened opposition of the
week is 3 36 percent. Prime paper is in demand at 3(g6 percent. American
Union, although this opposition seems to be gaining
The Bank of England statement on Thursday showed a gain ground to such an extent that it can nolonger be considered inThe coal stocks have shown some animation, but no
for the week of £119,000 in specie, and the percentage of reserve significant.
Company
to liabilities, was 41 13-16 against 39 previous week the disjount great advance, and the annual report of the Reading
is only favorable in its rose-colored views of the future, and not
;
rate remains at 3 per cent.
The
last
statement of the
New
Vork
City Clearing-House
In its exhibit of last year's business.
The daily highest and lowest prices
have been as follows:
.
THE (JHRONICLR
60
Mtnrdar. Mondar.
jw.
Am.DUt.
10.
Jan. IlL
TaMOar. Wednead. Thumd'y.
Jan.
Jan.l4.
IS.
Jan. 15.
16.
««7»v
T«4.
AtI.*l'»c.Tel
Cknailklioulk.
Cent, of N. J..
CbM. A
Oliki..
do Int prf
do Kd vrt.
Chle. A Alton
Oble. Bur. A (^
Chlc.H.A
do
ttt.P
pref.
""So'^prtf.lwglWfi
chic.R.i.iP 'S'*'52'*
Chic. (•t.l'.AMCler. C. I'. *1.
Ci.l.Clilc* I.e.
Bel.*11.0an»l
IK-l.lJick.*
W.
UtM.lLSl.Jo..
pref.
do
HOU9.4 Tei.C.
IlllnolsCi-nt...
Ind.On.Jk iJkt
KkONU IhioiHc
LakeKripAW
lAke
Shore....
Ijoal«T.&
Nub
ManluttUn.
...
MmrJt O.lat pr.
prf.
do
M
Mich. Contnl..
Mobile A Ohio.
Mo. Kans. & T.
Mor.AKnez..
Kuh.Ch.AStL
New
Cent.Ooal
Paclllc Mall..
St.L.A.JcT.Il.
pref
do
&
M.& So
S.Kran
pref.
Ist prf.
St.P.ASloux C.
pref.
do
Butro Tunnel.
Union
Pactflc.
Wab.St. L.&
P.
pref.
do
West. Un. Tel.
rtiese are tUe prices bid aud asked: no sale was made at the Hoard
Total sales of leading stocks for the week endin? Thursday,
and the range in prices for the year 1379 and from Jan. 1, 1830,
to date, were as follows:
Sales of
Range
since Jan. 1, 1880.
Range year
l>i79.
Week.
.Sliarc.?.
Canada Soutliern
t'liioago
A
26,475
N.J
(Vntral of
48,0(>4
Altou
4,120
Chic. Burl. & Qiiincy
Chic. Mil. & St. P.
. .
do
do pref.
Chicago & Northw.
do
do pref.
Chlo.RocklBl.APac.
.
1,933
73,40r>
3.835
50,300
2,300
Highest.
Lowest.
«6>a Jan.
79*1 Jan.
991a Jan.
136 Jan.
75 "4 Jan.
1005b Jan.
89% Jan.
10558 Jan.
t'ow.
High
Jan. 14 45 14 781a
83^8 Jan. 14 33I2 89%
100 14
lOO's Jan. 10 75
MSiaJan. 3 11118 134 la
78% Jan. 12 3438 82l«
10314 Jan. 14 74% 10234
921a Jan. 12 49 5h 9412
107% Jan. 8 76% 108
153i8Jan. 10 119 1501a
23i3Jan. 12
5
28
80i«
781* Jan. 10 38
88 Jan. 10 43
94
38 Jan. 16 13 14 411-3
OyiflJan. 16 34
7016
104 Jan. 14 79 14 10034
100 Jan. 16
918 921-2
32 Jan. 12 •16
28 la
101 To Jan. 14 67
lOS
97i2Jan. 16 33
89%
56 Jan. 3 35
7214
91i4Jau. 14 73% 93
4238 Jan. 16
538 35%
105 Jan. 9 75% 104 13
95% Jan.
351.2 83
135 Jan.
112
139
451.3 Jan.
2II9 49
72 Jan.
371a 7818
36 Jan.
116
40 la
60 Jan.
11414 65
3178 Jan.
7% 3338
43i3Jan. Its 1038 39I2
175 Jan. 13 123 182
7238 Jan.
S
55 Jan. 14 13 56"
4478 Jan. 8
318 53
56 Jan. 8
60 la
75 Jan. 8
781a
94=8 Jan. 16 88=8 95
44% Jan. 12 418
691a Jan. 12
9%
10458 Jan. 13 5710 116
741.3
564 149 Jan.
28,165 20'2 Jan.
10,220 74 Jan.
160.006 63 Jan.
21,050 33^ Jan.
do
do prof. 17,225 64 Jan.
niinoU Central
14,264 99I2 Jan.
Kansas I'im'IHp
8,889 87 Jan.
I.ake Erie & Western
33,233 20I2 .Ian.
I.<ako Shore
96,595 98>8 Jan.
Loni«vHlc & Nashv..
17,776 86>8 Jan.
Manhattan
12,180 49% Jan.
Michipiu Central
24,775 8812 Jan.
Missonri Kaii. & Tc.\. 141,195
32 Jan.
Morris & Kssex
4,780 I0l?i Jan.
Nashv. Chatt. & St.L. 60,340 791.J Jan.
N. Y. Coiit.&lIiid.R.
11,000 12913 Jan.
.N. Y. Lake E.& West, 303,784
4 1^8 Jan.
do
pref.
11,360 68 Jan.
Northern Paclflc
19,515 32 Jan.
do
pre/.
8,521
56>sJan. 10
Ohio & Mississippi .
35,075 28''s Jan. 5
PacitlcMaU
117,160 3ais Jan. 5
Panama
55 168 Jan. 2
Phila. ARcadini;....
19,700 68% Jan. 12
St. I,. I. Mt. & South
35,220 49ie Jan. 2
St. L. & S. Francisco,
3,760 40 Jan. 5
do
pref
7,960 4914 Jan. 2
do
Ist pref
2,481
2
681a Jan.
Union Pacific
49,647 84 la .Tan. 6
Wab. St. L. i Paclflc
35,030 421a Jan. 2
do
pref
72,655 65 Jan. 2
Western Union Tel. 126,397 99% Jan. 6
' Range from Sept. 25.
t Range from July 30.
The latest railroad earnings and the totals from Jan. 1 to
latest
dates are given below. The statement includes
the gross earnings of all railroads from which returns can be
obtained
The
columns under the heading "Jan. 1 to latest date"
furnish the
gross earnings from Jan. 1 to, and including,
the period mentioned in the second column.
& Ind.CH5Ut
& Hudson Caiia!
I^aili. & Woiitcni
Hannibal & St. Jo...
Col. Chlf.
Del.
Del.
.
'
—
;— Latest earnings reported.
Week or Mo. 1879.
1878.
.1
/^. o
.,u
Ala.
Gt. Southern. November.
AU'.bisiin
& Neb. .3rt wk
I>ec.
Atl.iChar. Aii-I_Novdulicr.
Atl. & ()t. West. .November.
Atlantic Miss.AO.Novi-mbcr
Burl.&.Mo.R.in N. November.
.
$49,600
14,430
.
$37,001'
84,871
8,644
74,673
403,380
179 970
342,4.33
Jan. 1 to latest rt.ite.—
1879.
1878.
521,540
432,664
175,892 1,546,285
187224 223,705 1,980,926 1,575,216
1,777,382
Cairo <k .st. Louis. ..3d wk Deo.
8 157
5,294
264,482
227,332
Carolina Central Noviinbcr.
52.761
ii K,oa
42,055
Central raciflc...l)eccmhnr.l,311,000 1 432
'O'S 17,127,149 17,607.451
Ches. id Ohio.. ..December. 179.161
137 769 1,936,537 1,908,233
* 9-v.-?.o™iii<'er-1.327,679 1,296,081 13,341,547
S!°/n"?,'13,042,978
Oijc.CI. Dub.* M.Deccmber.
46,015
34 191
rhic.&Ni rthw. ..December. 1,312,300 l.OSo'sss
16,684,778 14,999,746
&W.Mioh..3dwk Deo. 11362
10 217
632,025
525,729
acv.Mt.V.4D..3dwkDe«.
7,595
6,784
388,601
370,174
Chic.
$12,020
139,077
19,248
113,898
.
XXX.
1 to latest
1879.
$
$23,686
16,105
97,724
3,716
140.662
408,133
date - -.
1878.
$
766,682
1,091,902
963,188'
3,002
37,490
34,647
140.627
429,803
2,823,452 2,540.517
[lUnoisCen.(Ill.)..Deeembcr. 478.778
405,2:i4 5.513,269 5,560..576do
(Iowa). .December. 128,877
118,327 1,403,434 1.538,558
IndianaBl.AW..4thwkDec 31.172
22,391
K.C. Pt.8.AGiilf.4thwkDec
29,062
12,740
892,338
831.681
KanB.C.Ijiw.ASo.4thwkDec
13,320
6,712
492.273
433,015
K.C. St. J. A C.B. December. 141.487 117,503
Kansas Paciflc...4thwkDec 131,752
76.376 4,873,729 3,739,260Little Rk. A F. 8 Becember.
63,531
38,613
I^uisv. A Nashv. December. 666,328
505.843 5,985,370 5,355,100
Minn.A St. Ixiuis. December.
52,383
29.867
471.344
405,235
Mobil«AM<mtg.. November.
73.321
81,373
620,327
590,612
Nashv.Ch.A St. L.November. 174,245 156,994 1,615,224 1,482.130'
N.Y.L.ErieAW. November. 1,515,835 1,381,391 15,110,876 13,928,479'
Northern Pacific. December. 108,818
62.470
Pad.AEIl3abetht.3(l wkDcc.
6,119
9,257
327,253
313,623^
Pad. AMemphis-.lstwkDec
5,227
4,830
150.868
172,988:
Ponnsvlvanla .. .November. 3,131,997 2,996,101 31,166,354 29,031,439
Phil.i. A Erie
Novemlier. 273,168 317,168 2,787,752 2,695.753
Phila.ARea<ling.Nevember.l,531,204 1,683,022 13,908,597 11,932,114
8t.L.A8.E.-8t.L..3d wk Dec.
18,439
719,420
646,107
17,570
SciotoValloy
December.
30,379
20,132
317,822
280,348
Sonthcm Minn. ..November.
52,036
587,341
71,548
583,278
Union Paoiflo.... November. 1,241,989 1,084,324
Wab. St.L. A Pac.3d wk Dec. 196.500 160.800
4.832
2,368
Wisconsin VaUey.3dwk Dec.
^^an.l to latest date
I.Kat«st earnings reported.
or
1830.
1879.
Week Mo. 1880.
1879.
$85,000
$52,05S
Atch.Top. A S.F..l«twk Jan $?3,000 $32,038
Ul,849
22,535
31.849
22,535
Bur. C. Rap. AN.. Ist wk.Ian
61.700
98,700
61.700
98,700
ChlcagoA Alton. Ist wk Jan
13,790
14,077
13,790
|14,077
Clilo. AEast. IlL.lst wk Jan
108,025
108.025
161,000
Chic Mil. A 8t. P.lst wk Jan 161,000
13,843
17,705
13,813
17,705
Chic.et. P.A Min.lstwk Jan
14,471
11.807
11,807
14,471
Dubuone&S.City.lBt wk Jan
GrandTrunk.Wk.end.J:in. 3 160,021 137,707
93,466
70,149
Gr't Western. Wk.cnd. Jan. 2
36,377
30,831
36,377
30,831
Hannibal A St.Jo- Ist wkj.au
24,284
28,651
28,651
24,294
Int. AGt. North. .Ist wk Jan
37,846
66,433
37,846
66,433
Mo.Kan8.ATox..l6t wk Jan
31,65»
31,656
52,11(>
52,116
Mobile A Ohio.... Ist wkJ.an
12.427
15,878
12,427
15,878
1st wk Jan
St.L.A.AT.H
S.3B6
10.117
8,366
(brsl.lstwkJan
10,117
do
70,233
70.233
127,800
Bt.L.IronMt. AS.lstwk Jan 127,800
33,486
17,031
33,486
17.031
L.ASanFran.let
wk
Jan
St.
21,47.J
16,343
21,473
16,343
St,P.^uI AS.City. IstwkJau
24,087
19,665
19,063
Tol.PeoriaAWar.lbtwkJan 24,637
—
.
PanAmu
Phil. A KoiidV
do
do
reported.
.
Week or Mo.
Dakota Southern. NovemlMsr.
Denv.S.P'k&Pac. November.
Det. Ijins. A No 3a wk Dec.
Flint A Pere Mar. November.
Frank.AKokomo. November.
Gal. liar. A 8. An. October...
Houst. A Tc.t.C... November.
—
N.V.C.4 11. U.
M.Y.L.IS.4W.
do
pref.
Northern PM.
do
pref.
Ohio AMlHU.
Bt.I.. I.
8t.I>.
— —Jan.
—Latest earnings 1870. 1878.
frl<laT
Ja n.
[Vol.
—
.
—
Exchange. The market for foreign exchange is comparatively steady to-dsy, but if prices of exportable produce should
go off to rates which would induce shipments, we should exOn actual business the rates
pect a renewal of gold imports.
Cable
are about 4.83J for GO days bills, and 4.84i for demand.
transfers are 4.84}.
In domestic bills the following were rates of exchange on
Xew
—
Savannah buying ^
undermentioned cities to-day
Charleston, very scarce, buying | premium,
off, selling i prem.
New Orleans, commercial, $L dis., bauk par; St.
3-10 dis.
Chicago, firm, 75c. prem.; and Boston, 5 to
Louis, $1.10 prem
8c. premium.
Quotations for foreign exchange are as follows
York
at the
:
;
;
;
:
January
60 days.
Demand.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Documentary commercial
4.82 a4.82ia
4.811a 3i4.82
4.81 a4.81i2
4.80ia»4.81
4.841334
4.84 ®4, 84 13
4.83 ®4. 8312
4.82i2®4. 83
Paris (francs)
5.21%a5.20
5.20
5,22i3a5.20-%
.5.20
5.21i4a5.19%
3934® 40
9458» 94%
945ga 94%
94=83 94%
94 58^ 94%
5.20
16.
.
Autweiy
Swiss
.
(francs)
(fi'aucs)
Amsterd.'vm (guilders)
Hamburg
(reiclimarks)
Brankfort (reiclimarks)
Fremen (reiohmarks)
Berlin (reichraarks)
a>5. 1712
©S. 171-2
®5. 171a
40 ® 40^4
9538® 9513
95383 95131
933aa 95I2
9538® 951a
are quotations in gold for various coins:
9934a —par.
Dimes A la dimes.
$4 S3 ®$4 86
Silver 14s and 133.-99343 —par.
3 84 ® 3 86
Napoleons
— 92
X X Reichmarks. 4 70 a> 4 78 Fivefrancs
89 ® — 90ia
Mexican dollars..
3 92 ® 4 00
X Guilders. <
English silver
4 70 ® 4 78
8pan'hDoubloons.l5 80 ®I0 00
—
66
Prus. silv. thalers.
Mex. DoublO(ms..l5 55 ®15 65
— 99 a — 99 la
Tr.-vde dollars
1 13^9 1 14
Fine silver bars
par.®i4prom. New silver dollars — 99%3 paiv
Finegoldbars
The following
—
Sovereigns
—
3—95
3-09
. .
Boston Banka,
— The
following are the totals of the Boston
banks for a series of weeks past:
Specie.
»
t
18*79.
3.
L.
Tendcra Deposits.* Circulation. AKK,CIear.
t
130,«5«,100
132,221,900
4,2<V).400
"
15..
22..
29..
4,120.400
4,480,500
4,370,200
3,892.800
S.iMO.-OO
3.594.900
3.474.900
3,014,800
3,865,300
3,850.300
Jan.
5.
'•
12..
133,827,200
134,991,300
3,941,400
3,8i2,8J0
4.693,400
5,418,930
••
"
"
Dec.
10..
17..
34..
18S.4»1.1(X)
182,4-27,100
131.9.'32.200
3,»t7.200
1..
131.4*4,000
i:u .6 40,000
.<!„')-2,800
8
•*
-
••
3.2!5,000
3,245,400
132.058,100
Nov.
.
3,,SOO,80O
3,082,000
4.329,000
l.!0.ftSl,™o
other than Government and banks,
•
Fhlladelpbla Bimlts.— The
less
,'.0.085,200
29.8fir),;l00
50,802.500
50,137,300
49,812,700
40,048,100
30,289.000
31,098,300
t
65.241,373
89,360.177
71,786,588
70,365,582
56,107.558
69.674,935
05,753,821
62, 129,120
51,019.806
SO.STP.'JOO
31,181,800
31,280,300
6C.267,58»
71.?05.75a
t
*
49,152,400
51,108,100
51 .724,400
60,709,100
28,557,300
20,041,000
29.311,100
29,554,300
50,880,800
3I>,007,100
30.8B7„')00
Clearlns-House checta,
totals of the Philadelphia
banks
are as follows
Loans. Lawful Money. Deposits. Circulation. Agg. Clear.
t
1870.
Not.
••
"
"
Dec.
"
"
•
S,..,
10...,
17...
»«...,
1...
15...
22...
29...
86.3.37,415
B6,e8»,2r.8
85,977,180
65,304,671
64,581,278
64,650,163
64,386,503
*
15,185.160
14,851 .a59
14,616,421
14,491,491
14.9.58,0,53
*
$
54,187,218
53,581,853
11,885.099
11.875,660
11,871,878
11,890.480
11,932,035
11.992,523
11.985.600
12,01 i,7as
12,021,288
51,527,260
54,961.998
12.0.59.S4I
45,951,614
50,218.107
52,696.0-J8
52 342,702
52.653.503
52,Ii;t,471
»4,TnS,73I
15,049,003
14,977,274
14,754,053
14,447,092
64,331,710
64,698,423
15,863,259
15,802,394
52,606,250
52,898,593
64,';24.368
52,197,358
51,582„397
61,203,835
55,02-,30(»
46,780,676
43,148,04t
04,54S.184
50,885,477
50,800,8.37
42.399,082
1880.
Jan.
"
5.
.
12...
12,072,780
Januaky
THE CHRONICLE.
1880.]
17,
New York CUy Bann».— The foilowrlng malemeni shows the
ondition of the Associ ited Bauka of New York City for tlie week
ending at thn commencement of buFine^a on Jan. 10, 1880:
I
Not dept's
CIroula.
other
tion.
than U. S.
Specie.
discounts.
t
New York
(
(
0.283.000
Manhattan
4.54'i,000
495,000
400
5,772,600
5.1^4,000
B07„'50o
3.871,h;>0
5.582.601)
l;i;!,5oo
1,11*)
2.783,000
7,182.000
5K1,000
7,0U?,900
3,i;t0,900
I,IM4,U.ia
l,I8!.200l
B,i)o,aoo
8.SH7.000
0,303.000
4,517.100
8,330.400
Cu...
Alorchunts
Mechanics'
Union
America
Phoenix
City
a.iiua.ooo
Tradesmen's
Kulton
Chemical
Gallatin Niition'j
3,075,800
4,038.H00
Butchers' A lirov.
Mechanics' & Tr
1,'20».000
bflO.OOO
Greenwich*
7U4,8ij6
3,033.500
2.492.o0o
1.098.400
teathcrMiin'f'rs
2.KS1I,»00
B77..'!i)0
State of N. Yorlt.
American Exch..
2.971. OiMj
13.4IW,tino
14,317,201'
Commerce
Broadway
2.025..iof,
4,''^),000
1,1«0,H,M)
5.175,«00
3,588,000
Pacific
2.M4.3O0
Kopubiic
,?-fSf-7oO
2,124,H()o
5.385,500
3.;W0,200
l.as«.400
2.953,700
2,1,SO,700
^•«2-H00
Chatham
Peopie's
North America..
Hanover
Metropolitan
....
CItliens'
Nassau
Market
8t. Nicholas
Shoe 4 Leather..
Corn Bxchange.
Continental
Oriental
Marine
Tr..l
Park
Moch. Bkg. Aaa'o!
North River
1
East Illver
ManutrsA
Mer..
Fourth National.ii.OOO.OOO
4.739.400
10.041.000
6,929,700
3O0.IJ00
a.'w.ooo
1,'226,000
1,:J87,400'
80<J,IX)0
1.061,400
2.292.000
Ninth National..
First National..
..
N. V. Nat. Bich..
Bowery National
N. York County..
Germ'n Americ'n
Chase National..
750.000
300,000
Total
'No
1,12,),I100
5.40(.i
1.414.,'i(K)
2,4l)7,«o^
4;i8.i(jo
10,B50,oiK
1,853,800
2,081,900
2,041,200
2,228,01X1
270,000
3.900
417.600
450,000
1.521,7(H,
4,092.300
2,201.800
45»,U0(J
l.a04.1o(,
702,9iX)
4.600
1,422.100
S.194,(,ot,
19. 130,700
.3.'V(i,4iV)
1,097,1110
10.340.-100
6«4,0o0
732.400
732.700
250.700
14,152.100
7,665.000
2.503.000
2.372,(;00
4,555,700'
536,700
307,100
2a5,0'j0
Sio.'noo
1,493,000
269, (WW
597,200
11.436.000
6,814,000
846,200
1.09S.0OO
1,248.500
450,(K)(t
«<H1,00(J
270,000
224,000
I80.l.;00
2,570,400
60.475,2001276,116.100 51,473.500 14,097,800'216,095,600 23.812.900
same us last week.
The deviations from returns of previous week are aa follows
*""""""'
''«'=•
»591.100 Net deposits
Inc. t4,008,500
aSJPil'""'
Specie..,.
report
:
•
I
Inc. S,19i.400 Circulation
Inc.
64 300
"»,ooo
»'e«al tenders
Inc. 1.374,3001
The following are the totals for a aeries of weeks past:
^0|n».
Specie. I,. Tenders. Deposits. Circulation. Aw.Clear
1879
??•••
18.802.400 43.284.900 227..'M5,B00 19,8,58,600 1529 990 1):!8
K*^
252'ff"''5''<'
May 31... 257,273,800 18,785,400 41,791.400 223,7->l 000 19 800 400 439 7"' 0"
Juno 7... 258,.332,700 18,996,700 42,.S32,H00 2a«,98:l.:!mi 19il77800
,"s
JuneU,,. 2,56,201,000 18,780.900 44,fl31,U(X) 227,316,700 20,0.50 800 472'.'S2«'(
450'oril'oil
June 21... 25.5,i)01,fiOO 19,206,900 43.8.59,400 228,177,000 20 1.56 200 4.50
961 901
June 28.
25.3,5, 5,,500 19,886,400 46,902,600 226,113,800 20,.371.:l(K) 4:12 7:15
090
July 5.
2o7,OS2,SOO 19.889,600 49,544,800 2:)8,007,300 20,542 900 4:12 Oao'ins
July 12.
19,971,,5O0 5I,3(>1.!X)0 241,328,800 2n,509,90<l :W1;k:)5'7,81|
j„i
,n
S'iH'2?J.''S2
Jay
July
19,
19,..
282,7I9,.800 20,011,700
I
50,00.s,IKX)
July
28...
Auir.
9..
18..
»•"
Aue,
>
Aug.
Aug.
Aug.
23..
30..
Sept.
6.,
Sept. 13..
beat. 20..
Sept. 27..
Oct. 4
Oct. 11...
Oct. 18.,,
Oct.
25...
Nov. 1...
Nov. 8,
Nov. 15..
Nov. '22..
Nov. 29...
"—
Dec.
CD6^...
:.
13...
nee'.
B, 20...
Dec,
c. 27...
1880.
Jan. 3....
Jan.
10...
260.582,600
207,280,100
19,0.52.400
272,9:16,000
274,:!1 1,000
26:),070,100
258,180,300
257,386,800
286.960,400
259,;«I,000
260,763,700
26B,304,;M)0
54,&H8,I00
57,035,100
50,4:M,500
43,974,000
19.927,800
19,621.100
19.55:i200
240,l51,:iOO
243..3S3(I00
41,279.300
238,817,100
'20,942,500
476'.5(S:l',s(il
19,7,5:i,800
40,0.88,900
.39,481,100
42,0'39,400
40,047.71X)
38,093.,500
228,6:!5,8<x)
21,:ira,:i00
4.5->':H5'««-,
225.573.9(XJ
228,27I,0(K)
21 t)03500
21,:181.9(X)
53o'lKil':OT!
229,983,000
,920,700
21,531.900
21.!«2 400
(WOKninn
22.0s0,100
747 278 .vr
268,701,800 22.588,:J00
22.588.:J00 36,438.500
36.438.500 2:!2
780 son
2:i2.7S0,500
267,503,500 k!8,3s:i,600 33,097,700 233,805,:m5 22,'286 WX)
289.433,300 27.682,600 30.151,700 231,«lW.00O 22 448 700
271,2.38,600 29,075,:i00 28,«15,900 231,412,000 22,600,500
270.078,800 33.8-J3,800 23,486.91X) 231,937,700 22 311500
268,038,800 42,992,800 22,.5I)5,8n0 2:!9,'301.200 22 475 700
27«,191,400 50,008.700 18,985,200 250,297.:!IX) 22,550 400
273.419,900 53,';i0,700 16,771,700 •247,19,-),',500 2:)!o24;s66
miOl.lOO O4,iii,otro
aoMoi.Hio
54,771,000 i4,o^;*,'.ilw
14,673,200 •.;4i,(>:j0.l00
247,0:_in.l00 33,2.5.5,100
23;2.5.5,100
275,750.1M 51,069,400 13,iO:t,SK)0 217,509,'300 3:1463 800
278.098.100 50,Sl'>,9nO 12,.5l:l,100 210,118,«(X) 2:),a51 900
277„5S4,200 48,638,200 12,089,700 342,062,300 2;i,732 900
48,282,100,12,723.500
276,706,200
278,116,100
242,087,;00 2.3,748,600
14,097,i>00 246,905,800 2:),S12,900
31,47:3,.500
^OTl;— With Dec. 2, the Grocers' Bank
itr.linp.,reg.,'^-S6.
(to 7a,
dl.sapiiearod
from the
—
do
Delaware
reg. ft coup
coupon
68, coupon
Harrlsburg City
RAILROAD BTOCKS.t
Camden ft Atlantic
do
do
591 859'560
IN
pref
do
new pref
do
Delaware ft Bound Brook....
eXOUBITlKB.
Bid. Ask.
BOSTON.
Atch.
do
do
do
Jioston
0(Mtou
laud grant 7e
'id
& Maine 78
A Albany 76
ft
ft
Bs..
ioi
108
120Hi
:22>4
6«
L*well 7s
do
6b
Boston ft Providence
Burl,
127
land inc.
do
Jloston
112«
7b
115
113
do
Huntingdon
do
ft
do
Little Schuylkill
Jiinehlil
ft
Albany.
Lowel'
I
7»
Mo., land grant 78
do
l>ebr.C)S[Ex
107«
do
Nebr. 6s
102
Conn, ft PsssumpBlc. If, 1897.
Kutern.Mase.. 4,^8, new. ...
FUciibnrg UK., 6s
do
7s
rort Scot' ft Gulf 78
Hartford ft Krle 78
58J<
nan. citjr Top. ft >v ., 7s, Ist
114
do
do
7s. Inc.
K. tlty Lawrence ft Eo. *i.., 82K '83)<;
Kan. city. St. Jo. ft U.B.. 8.
109
no
ft
ft
ft
Erie
Pniladelpblaft Heading
Philadelphia ft Trenton
Phlla.Wlluiing. ft Baltimore.
Pittsburg Titusv. ft Buff
Dt. Paul ft DuluthR.U. Com
do pref.
do
United N.J. Companies
84%
588'014'073
604 197943
6.57,'693'280
list.
62
60J4
19
3S,»i
lot
s«
6J
155
.
Cam.
Cam.
ft
Atl.lat
117H
Ist m., 63,1502. 108
2d m. 6a. '8.1.. 108
Sd m. 68, 'i7.. 103
m
111
7«.g..i-93
7s 19<«
1900-1901
lOS^i
ll'8Mi
doreg.,189i...
7s, reg., 1910..
do
lOOjU 110
izis
111
6s,< p. ,19.
m. 7s '<2
m. 6s, cp.,'85. 107
2d m. 78,cp., '96. I16M
do
do gen. m. 78, cp., 1903. 112>»]
do gen.m.7s, reg., 190!)113
Creek let m. 7s, coup.,'3i. »6)i
91
95
uo«
.
Topeka
:S4
Nebraska
134>j
;5
uim
88
ii'i"
^9
scrip
Navy Yard
do
Perklomen i8tm.8s,coup.,'9,
Maine
119
119M
Providence
129
Burlington ft Mo. In Neb... 139H 141
Cheshire preferred
Chic. Clinton Uub. ft MIn....
Clu. Sandusky ft Ciev
Coucord
SOW 66«
IT"
.
27«
.
.
,63,
reg
Phlla.ft Erie 1st m.6s,cp.,'81
70
7B
—
A
...
icng
-1
103
109
106
114
no
110
1U5X 107
108
110
too
110
90
low
115
.05
115
95
104 >no
Its
110
110
lOU
7h5< 79«
44J» 45
A
105
103
107
115
1IB>« !I7
107
108
102
103
110
120
7s, 'iW t IlO
7a, 'ostiios
at'k, pref.
D. Ist m.
2dm.
A Ind., 7e, guar
Indiana
85
i 105
let in. t8
loox
'90
I07X
t 104
t 103)4 103
t 102)4 lOS
!to'87
6s,'97to'9ii
do
LoQisv.
7'.'8:t
100
101
1
102
U2)i
1st m..78, 1906...
112)4 113
C.ft Lex. ist m.78,*97t 112
112X
Louls.ft Fr*k.,Loulsv.lQ.6B.*di
102M 103X LoulBV.
93>s
103S»,
2d m. 78, cp.,'88,
103
Read. Ist m. 68, '43.-4<
'48-.4S>.
do
do
2d in. ,7s, cp., 93 115X
do
deben., cp.,'98*
do
do
cps. on. '54
do
scrip, ISii
do
In. m. 7s, cp,1896
do
do cons. m. 7b, cp.,l91!.. 11«)«
do eons. m. 7s, rg.,l9:i.. 114
• In default, t Per share.
I Con, to Jaa.. *77, funded.
6a,
JeS.M.ftl.lstm. (IftM;
do
2d m.,78
ft
39'*
ft
40
water 68,'87 to '89.1 lOSJM ws
water stock 6s,*y7.i 102)4 103
wharf 68
t '.C2)« 103
pec'l tal6sof 89.-( 102)4 103
Loulavllle Water 6s. C«. 190! t 108
106X
do
Phlla.
F.
'92,
107
108
fo«
LOUISVILLE.
68, rg,'il
Penn, Co
ft
A
do
do
do
do
do
do
Pa.ftN.T.C.ft RR.7s,189ii. .......
Pennsyiv., 1st m., 6s, cp., "80.. 102
gen.m.68.cp.,19;0. 118X
do
gen. m, 6s, rg., 1910.1112)4
do
cons.m.6',rg., 1905 |1UH
do
do cons, ul. 6s, cp., 1905. illX
ft
CIn. 7s,
ft
Louisville 78
ft B., 78, cp.,'96 ...
do
I
.
114
107
do
2d m.78, '»7. +
Colum. A Xenla, I8t m. 7b, *90 104
Dayton A Mich, lat m. 7a. '81-i- 101^
do
'idm.7s,'84,-l- 102
do
3d m, 7a. 'SS-i 100)4
Daytonft West. 18tui„'8i...t
do
l8tm., I905.t
1st m. 6b, 190)
do
iQd. Cln. ft Laf. Ist m. 78.
do (l.ftC.) latm.7a,'8S-t
101
Little Miami 6s, '83
t
to
Cln. Ham. ft Dayton stock.
Columbus ft Xenla stock
50
Dayton ft Michigan stock...
do
8. P.O. st'k.guar
Little Miami stock
1st
Oil
rittsb. Titusv.
120
118
118
.
124
con. m., 6a,rg.,19^
North. Penn.
105
io«
io»
113
lit
lis
do
2d,M.ftN
8»,3d,J.&J
do
Union BR. 1st, guar., J. ft J.,
Cauion endorsed, 107
do
Cln.
2d m. 78, gold, '95.!
3d in. cons. 78, '95».
m.
in
no
IWX
1:2
112
115
114
114
108
68. 1885, A.40.
Va. 3d m.,guar.,'85,jftj 104
W.
Cln.Uam.
do
Cln. Uam.
115«
lai.Ss, cp.. 1898 118
no
107
108
lue
100
106
107
111
istprtf
105
2d prt:f
Wash. Branch. lUO 150
S
Parkersb'gBr..SU
Northern Central..
SO 33
y
Western Maryland
SO
Central Ohio
SO 38
3
Pittsburg ft ConneilBVllle..50
BAILKOAD BONOS.
Bait, ft Ohio 68, 1880, J.AJ.... 100
Cln.A Cov. Bridge
:i8Ji
Athens Ist »d, i8.,*SU
Junction Ut mort. 6% '82
do
'M mort. 68,19J0 ...
21
"si
CINCINNATI.
Ithacaft
do
do
do
do
101«
CO
7s
do
1
do
T«Ob
t
do
South. RR. 7-3Us.t
do
do 6s, gold t
Hamilton Co., O., 68. long., .t
00
78, 1 to5yr8..t
7 ft 7-308, long.t
do
ft Burlington C >. 6b.'9i.
Catawisaa Ist, is, conv.,'d2...
chat, m., lUs, *88 ..
do
do
do
llM
do
do
do
Cincinnati
6s,coup,'83
68, coup., '89
mort. 68, '89
do
do
106
lU
IhVH no
Si*, 19.6, new
130
117
Norfolk water, 8b
BAILBOAD BTOCKB. Par.
:5S
Balt.ftOhio
100 153
Mar.
114
Vai., 7 3-lOs, 1395
78.E.ext., 1910 101
38
inc. 7s, end., '91
Camden ftAmboy
J
6a, laOi, J. ft
—
RAILROAD BONDS.
do
do
do
Northern Central 68, *85, j&J
do
68, 1900, A.40
do 6b, gid,190U, .i.ftj.
Cen. Ohio 6s, Ist m.,'90,.M.ft 8.
W. Md.68, lat m.,gr.,'90,J.ftJ
do lat m., ,890, J. ft J...
do 2d m., guar,, J. ft J
do 3dm., pref
do 2dm.,gr. by W.Co.JftJ
do 6s, 3d in., guar., J.ft J
3HH
37H
Morns
rto
IM
10i<
10»
Pltt8b,ft ConnellBV,'>a,'98„< 4,1 111
do pref
Pesnsylvanla
Schuylkill Navigation
pref...
do
do
Maryland 68, d*rfeneo, J. ft J..
do
68, exempt, lb87:..,
6f, 1890, quarterly..
do
do
5s. quarterly
Baltimore 68, .581, quart,,
do 6s, 8S6, J,4J.,
do 68, 189,1, quarterly
do 6a, park, 1^90, tt.—M,
do 6b, 1893, M, as
00 6a,exempt,*^.M,ftS
do 6s, 1900, o -J
N.
CANAL BTOCKS.
Chesapeake ft Delaware
Delawnre Division
Lehigh Navlgallen
Susquehanna
I
do
West Chester consoi. pref
WestJersey
East Peon. Ist luort. 7s, '88 ..
El.A W'maport, ist m.,7B,'80, 105
Ss.perp
do
Harrlaburglst mor'.63, 'Si...
H. ft B. T. I8t m. 7b, gold, '90. 112
779'055'847
103
UK
33
58
942
Conuectlcut River
Conn, ft PaBsumpslc
Eastern (MasB.)
Eastern (New Bampsblre)
FItchburg
... 123
Fort Scott ft Gulf, preferred 70
It»3. < liySt. Jo.&e. B. In. 81M 85
do
.3,8ji
common.
Hew York ft New Eng. is . 110 UOhi K. C. l.aw. A Southern
OadeuBUnrgft l.«ke vli.M
g. est. Jo. ft Council HintH 75V<
.
6m
50"^
Peonsylvania
Chartlers Vai., Ist ni.7s,C.,l90:
Delaware mort., 6b, various..
Del. 4 Bound Br., lat,7s. 190a
850 816 848
((Ofli^loiSlA
722'«0335u
868 118318
ol),
54
new
do
Connecting 68,
9'22 70,8
52X
30H 56
Neequehonlng Valley
Norristown
North PeouByivanla
ft
10
14H
52>4
51
86,5'8IV'N57
772'l.5o'l!l
870'o.2'or.«
BTOCKa,
Atchison
At.hi-o
pref.
Leh'gh Valley
Little Schuylkill, Ist
Old Colony, 7a
OM Colony, 88
Umaiia ft S. Western, 8s
Pueblo ft Ark. Valley, ib.
Boston
Boston
Boston
Boston
pref..
Lancaster.
Broad Top...
ft
761 '277'7->s
BBOUBITIKB.
liutland 63, Ist mort
Vermont & Canada, new
Vermont ft Mass. i:l{., 68
48
798'960T46
.
A Tcpcka Ist m.7B
4»« 49
East Ponnsyi vauia
KlWiraft WliUaluaport.
PHILAUELPniA AND OTIIKR CITIES,
BIISTIIN.
35)ii'
13>i
do
100
BALTinORB.
pref
Catawisaa
Uar. P. Mt. Joy
09
116
i8S5.
Pennsylvania 6B,co'.t['-, -910.
SchuylK. Nav.lst in.6s.rg,,*97
2d m, 6a, reg., VUTt
do
do 68, boarftcar,rg.,19:8
do 78, boatftcar.ig.,I9,K
Susquehanna 68, coup,, :9.8 .*
78,
88,
103)^ 104
Morris, boat loan, reg.,
Camden County 68. coup
Camden City 6s, coupon.,...
Lehigh Valley,
^DOTATIONS
;o8H
N. Jersey 6s, reg. and coup.
exempt, rg. ft coup.
do
.507'i09'31m
i.irj!u',,„
741 448'44(l
lU
i»
do m. cot. v. g., r»g.,*9i
do mort. goid,'9i
do cons, ln.78, rg,,i9r
7B,w*t'rln,rg. Ac:>,
do
Belvldere Uela.
20,H27„500
112lt
,
,
49t'7l52o!
580 0:!H'r>8'!
2;tl
do
deb. 7s. r.pa.ofi
do mort., 'a, 18n4~...
PHILADELPHIA.
491794 717
235.9^3,SX)0
«>w
Phll.ftil.Coalftlron daO. Ityi
I
20.719..5(KI
Olll Vi;-,7
Bid.
coaB.mAjiJ4911.
do cunv. 7a, IflS*
do
7a, coup, off, *93
HiH
Kngland,.
I(.
,
20,594 81X1
20,882 l(X)
481
41,8:18,6(X)
19,942,fXXI
Phil.*
88
pref..
70
do
Phlla. Wllin.ftBall. es.'St ..
lU PitU.Cln.ftSt. L. 78,coa..l«00
Oil Colony
1U«>1
Portland Ssco ft Portsmouth
do
do
7f reg., 1( *
110
IIOSb Shamokin V.ft Potuv, Ta, 1901
Pull'i a PJlaceCur
89
Pueoloft *rk naas
atecbenv. ft Ind. 1st, as, iWt.
preferred
UutUt'd.
Stony Creek Ist m. is iHn..
Vermont ft MassachuaettB..
8unb. Ubz. ft W.,lal m..Sa,'2*
Banbary A BrIe at m. 7a, '97.
Worceater ft Nashua
-yra.Gen.A « orn'. ,lfct,,fc,i<(4
Texas ft i'ac. lat iii ,6a, g.. 1905
do
cona m..3r,g..l905
BTATS AND CITY BONDS.
lucftLgr ,78 19,0
00
Penna. 91, g'd, ;nt., rcg. or cp
Union ft Tliuav. lat m. 7s, *9C.
do 58, cur,,reg
United
cons. m. 6s, 'M
N.J.
I89i-190'i
new
reg.
5s,
do
Warrenft K. lBtm.7s,'M
do 68,10-15, reg., l''77'i«.
West Chester cons. 7b, *9i. ...
do 6s, lS-25, reg., I88i-'1«. loaji
WeBt Jersey 6a, deb., coup.. *8o
do 68, In. Plane, reg. ,18:9
laLm.Ba. CP.',
nn 'M.
'QB
Istm.ta,
do
Philadelphia, 58 reg. ..
do
1st ni.7a, *w
Ss. old. reg
do
Western Penn. KK. it.m.:
do 6s,n.. rg.,pri.>rto'9.'''
Cs P. B.,'M,
do
do 68,n.,rg.,1395& over ll»)4
CANAL BONDS.
Allegheny County 5i, coup..
Chesap. ft Dcla Ist 6«, rg.,'8C
Allegheny City 7a, reg
Delaware Division 6s, cp.,'i8,
Pittsburg 48, coup., 1913
Lehigh Navlga.in,,68, rei;.,'84
58, reg. 4 cp., 191i. 95)i
do
do mort. ilK., rg ,'9^
6s, gold. reg
do
254,770,700
253,230,200
248,474,600
.5(X)
19,1131,100
10,ftS4,700
20,017.400
20.149.100
New
ft
Allegheny
Jo
20,5:11*10
20 549
c,03'oi-''(iS2
482 8,-«'')«9
19.878,900
WeW York
Ktc. -<!ontlnu«d.
BBODBirna,
NorUiorn of New HauipsUtrtNorwlch ft Worceater
Offdensb.ft L. Cbamplain ...
Phlladelplila
2.'232,400
2,658,4>/0
SBOUBITIEB.
.
sno.oiKi
S'Ti'i-'''«'
14.001.700
9,00«,000|
300,000
750.000
500,000
1,000.000
900.0JO
180,000
400,OIX)
167..')00
Central Nat
Second Nat ion '1.
Third National
3.9,3,«,„|
0,391,200
2,807,000
13,718,000
1.870.200
2.253.100
2.521,200
1,948,100
3.785.000
3,597.800
4.435.900
1.483,500
3.008.000
17,438,700
14.128,700
771,500
7B3,«00
944.300
Irving?
.37,100
630,0(HJ
9'2,.j,(f|
2,100.5,';
Mercantile
&
074.100
608.400
2a7,60J
I97,oj0
2,700
473.WJ0
870,300
Bo»enth Ward...
Importers'
44,,'i'N»
la,3'.J4.000
Merchants' Kxch.
PWH.iUKOf ,11 1.
Bixrit.^.
Maoehester ft Lawrence.... 140
Nashaaft Lowell
Average amount of
CapiUl. Loans and
61
ft Naahvlllo—
Leb. Br. 68, '86
t
lat m. Leb. Br. Bx.,7s,'80^.t
6s, '93...f
Lou. in.
do
A Ind. stock.
ST. LOVIS.
Jefferson Mad.
St.
H4«
66,
do
do
do
do
ao
water
do
6b,
gold
do
new
bridge appr.,g. 6a,
renewal, gold, 68.
aewer, g. 68, '9;-2-3.t
St. Louis Co. new park, g.-ts.t
do
103
lOS
long
Louis
t
103
103
cnr. 7s
And Interest.
.
,..~..T
107H
THE (CHRONICLE.
62
[Vol.
NEW
QUOTATIONS OF STOCKS AND BONDS IN
U. 8.
Bond$ and
active
YOEK.
Price* represent the per cent value, whatever
Railroad Stoekt are quoted on a previous page.
XXX.
par may
t?ie
be.
STATE BONDS.
Bid.
ncuKiTiKa.
jUatata*—nu* A, 2 1<> 5
ABk
78,
^
.
15
8
8
8
?**
101
new
endonied.
TB.«old
UlloolB—<«.coupon,
War loan
^.
18711...
&
Hiuinlbal
110
109
111
New
100
6fl,
Mbany A HusquehBiina
.
.
;.
Chic
St. lAjuls
Clev.
A
A
N.
O
liasji
»5U
58
14
g<tld,
coup.
IIB
IS
,125
»S»«
Ind. Bloom.
Western..
.
'
'
do
Moines.'
pref
do
Metropolitan Elevated
N.Y. Elevated
N. y. New Haven A Hartf
Oblo A Mississippi pref
PttU. Ft. W. A LTiic, guar,
do
do
spec'i
A Saratoga
Rome Watcrtown A Ogd...
...
Terre Haute A Indianapolis
Toledo Peoria A Warsaw.
United .N. J. Kit. A Canal
Reniselaer
8toningt.on
Miscellaiieons Sl'ks
Adams Express
American Express
United States Express
Wells, Kargo ACo
139
lis" 119
125
155
|107«
....
van
103
125
126^
J.&J
113H
101
J.AJ
A.AO
mortgage, 1801
extended
do
68,
6s,
6it
Ist m., 6s, '95,
6s, '06,
1
with cp.ctfs 117V
USH. 116
do
Ist m.. 7s.Lcav.br. do
1st m.75,H.AL.G.D'd, do
1st m., 78, land gr't,'80.do
102
\(m
do
Inc. coup. No. 11 on W\Q.
Inc. coup. No. 16 on 1916.
Den. Div. 68 ass. cp.ctf..
Texas A Pac— Ist, 6s, 1906.
mort., '86
HSH 90
88
104 i«
1U3
1§^
88
76
00
77
Pennsylvania RR~
PItts.Ft.W.A Chic, 1st m. 125
do
2d m.. 120
do
do
do
.3d m..
119H
Cleve.A Pitts., consol., s.f. !ll8
do
4th mort... 107
1st, ex land grant. 78
Hons.A Gt.N.— I8t,78,g.l000
Via
123
121
1:9
International (T«x.)— 1st, 78
Int.H. A Ot. No.—f^onv., Ss.
95
35
79
Kansas A Nebraska— 1st m.
63
2d mort
Long Island— 1st mortgage. 105
N.Y.AGrcenw. L.— Ist, 7s, n. 61
21)4
2d
do
N. J. Midland— iBt, 7s, gold.
2d mort
New Jersey 80.— 1st, 7s, new
N. Y. A Obw. Midl'd— Ist m.
2d m.
do
Reccertif's assented
St. Joseph A Paciflc— 1st m,
2d mortgage
87
63
65
Rejected (best sort)
M.A
Texas-Os, 1892
J.A
7s, gold, 1892-1910
J.A
7a, gold, 1904
.
Virginia-New
Waterworks
Auga«ta, Ga.— 7s, bonds.
7s,F.L
Columbus, Ga.— 78, bonds.
Macon— Bonds, 7s
Memphis—Bonds, C
Bonds, A and B
Endorsed M.AC. RR....
Compromise
Mobile— 5s, coupons on
8s. coupons on
6s, funded
Montgomery— New
NewSs
6s,
58
9W<
i6b"*
99
97'
96
to"
101
101
66
80
+09
36
105
108
97
105
66
eo
76
76
20
20
90
ids"
112
113
101
38
107
ITS
KM
lim
m
88
8U
2(1
W
IS
4H
22
28
30
30
4(1
new
New Orleans— Prem.,
58...
30
85
86
28
31
Consolidated, 6b
Railroad, 68
27
Norfolk-Ss
Petersburg—68
on
HS
2»
34
30
...
105"
Ss
U)4
lOH
50
104
100
107
W«
Richmond—6s
Savannnab—Cons., new, 5e. 74
no
bU
RAILROADS.
Ala.AChat.— Rec'rs ctfs.var
Atlantic A Gulf—Consol....
Consol.. end. by Savan'h..
Cent. Georgia- Cons, m., 7s
Stock
Charl'te Col. A A.— Cons., 78
2d mortgage, 7s
East Tenn. A Georgia—6s..
OH
E
Tenn. A Va.—6s,end.Tenn
A Ga.— Ist, 78.
RR.— 7s
KKi
55
60
112
A Col.— 7b, Ist m.
90
90
Macon A Aug.— 2d, endors.
MemphisA Cha'ston- lst,79
95
103
100
.01
mortgage, Ss, B
A Jacks.— Ist m., 8g.
Certificate, 2d mort., 8s
Norfolk A Petersb.- 1st, 8b.
1st mortgage, 7b
2d mortgage, Ss
Northeast., 8. C.-lst m., Ss
2d mortgage, 8s
102
107
115
Ist
93
N. O.
110
107
108
106
109
115
102
100
107
Rich. A
Dan.— 1st
consol., 6b
Southw. Ga.—Conv.,
Stock
Carolina
8.
...
91
Miasissippi Cent —Ist m., 7b
2d mort., 8s
Miss. A Tenn.— 1st m., Ss, A
7s, 1902,
"
KW
guar
2d, 78
"
90
102
UH
100
KKI
lOH
110
7s,
AD
AM
85
99
86
95
95
Stook
Georgia
Stock
Greenville
M
f*\
111
E. Tenn. Va.
6s
. .
BR.— 1st
78, '86.
m
non-enjoined
West Ala.— Ist
2d mort.,
8s,
.
—
mort., Ss...
guar
90
103
66
no
no
I
98
OB
111
117
KKI
iia
110
113
104
11U
107
DO
lU
11«
PAST-DUE coupons.
U
No
—
Nashville—6s, old
.
I
.
Charleston, S. C.-Stock,6s.
.
made this week.
10-408
8s
.
theie are latest qaoUtlons
1<X)
+m
AJ
CITIES.
Ga.— 7b
Atlanta,
S"
j
93
106
S. + 163'
J.
J. H12
.
10s, pension, 1804... J.
C
to-day
90"
109X
STATES.
vm
. .
No price
90
TO
(.Broken' Quotations.)
N. Carolina.— New 48
So.Carollna— Con., 68 (good)
—
«
95
60
Sonthcrn Securities.
I
interest.
37«
9
86
88
m
,
.
36)4
St. Jo.
—
80
67
110
20
75
80
South Minn.— Ist m., 78, '88.
l8t mortgage, 78 (pink)..
Extension
Tol. Can. S.A Det.— Ist, 7s,
Union A Logansport— 78
U. Pac,— South Branch
80
97
90
106
6S
23
73
21
8S
40
A Western stock
87
St.L.A San F.— 2d m., class A
68
2d mortgage, class B
66
class C.
8S)«
do
80
51
St.L.A S.E.-Cons., 7s, g.,'9»
107
St.L.VandaliaA T.H.— Ist
+90
2d mortgage, guar
South Side (L. 1.)— l8t mort 94)4
86
*50
.
vm
72
95
80
104
I
And accrued
SO
A St.L.— 1st, 78
Indlanap.A Vine— l8t,7s, gr
ilndianapolls
I
+
mi
STOCKS AND BONDS.
American Coal
Hi 1I5X
Boeton Land Company
Boston Water Power
101)^
Baltimore
Oanton Co.,
104
Caribou Consul. Mining
99?i
Central Arizona Mining
109
Climax Mining
102j
Consolidation Coal of Md.. iss'
1085«!'.0fl
92!
Han. A St. Jos.—8s, conv
income
do
Cumberland Coal A Iron.... 55
Bous.ATex. C— 1st. m. I.,7b 106^' 107
Belleville A 80. III., l8tm. 110
Kxcelsior Mining
105
,08?^ 52^
1st mort.. West. Dlv., 75.. 103
St. P.A Sioux C.-lst 68.1019
Telegraph
Stock
Gold A
1st mort., Waco A N., 78.
St. P. M. A Manit'a— l8t, 78. 106« 107
Homc!4take Mining
S8« 2dC., Main lino, 88..
wsa
84
2d mort., 68, 1909
LaPlatta Mining
4M
2d Waco AN., 88....
Tol. Peo. A W.— 1st m., E.D.
liCadville Mining
Inc. and ind'y. 7s
1st mortgage. W. D.
29«
Little Pittsburg Mining
lll.Ccnt.—Dub.ASioux Cist 105H
Burlington l>iv
Mariposa L'd A Mining Co..
2d dlv...
Dub. A Sioux
2d mortgage. 1886...
do
do pref.
103
Cedar F. A Minn., Ist m..
-.
Consol., 78, 1910
Maryland Coat
27
115
Ind. Bl'm. AW.— Ist, pref. 78
Pur. Com. reo'pts, lst,E.D ;120
38« 3U«
Ontario Silver Mining
71
71«
1st mort., 78, 1900
Ist.W.D. 1237;
do
210
Pennsylvania Coal
6S)i
2d mort., 1909
do
Bur. Div.
Pullman Palace Car.
110« 112>^ Lake ShoreIst pref. Inc. for 2d mort.
Quicksilver
2t«
Mich S. A N. Ind., s. f., 7s 109
Ist inc, for consol
166'
do
pref.
107
108
Cleve. A Tol., sink. fund,
94«
Wabash KK.-Mtg. 7s of '79.
Spring Mountain Coal
new bonds. 109 lllH T.AWab., Ist ext.7s
Ill
do
12
81.tandaro Cons. Gold Mining
110
Cleve. P'ville A Ash., 7s.
IstSt. L. dlv.78,elmat.cp. 105J< 106 )i
Erie, new bds..
119
Buffalo
&
ex
coup
100)4
101)4
ext.,
mortgage
2d
Bauds.
Koilroad
Buffalo A State Line, 7s.
Equipment bonds, 7s, 1883 35
stock Exchange Price*.
Kal'ioo A W. Pigeon, 1st
Consol. conv., 7a
Balt.AO.-l8t68,Prk.b.l910 107H
Det.Mon.A T., Ist, 7s.h906 116
Gt. Western, Ist m., ex cp 110 110)4
Boat. U. A Erie— 1st m
Lake Shore Dlv. bonds... 118Ji
do 2dm..7s,'03,excp 100 100)4
Ist mort., guar
eons, coup., Ist 120«
do
101
8. A Tol., 1st. 7s, '90,ex cp.
Bnr. Ced.K.A North.-lst.Ss
SflM 00
cons, reg., Ist.. 120
do
120M
I.A80. la., 1st m.78,excp 101
Minn. A St. L., 1st, 7s, guar
114
cons, coup., 2d. 115 116
do
107^
K.C.AN.R.B.AR.,7s
St.L.
Cbesap.A O.— Pur. m'y fund
cons. reg.. 2d
do
:J4H 119
Omaha Div.. Ist mort., 78 107i< 107)4
67"
6s, gold, series B, int. def.
Loulsv.A Nash.—Cons.m. ,7s 114
St.Chas.B'dge.lst, 78, 1908 103J4 104
6b, currency. Int. deferred
42
42M
104,
2d mort., 7s, gold
North Missouri. Ist m., 7s 114 lis
Chicago A Alton- 1st mort. 115^' ir
103
Cecillan Branch, 7s
West. Un. Tel.-lOOO, coup, ills
Income
103X
Nashv. & Deaitur, 1st. 7s. 106
115
1900, registered
Sinking fund
106
96
L. Erie A West.— 1st Bs, 1919
Spring.V'y W.Works-lBt 6s
Joliet A Chicago, 1st m
Ijif Bl .& Mun.-lst 68. 1919
92M
68
90
Nav.-lst,
K.
Oregon
A
Iiouls'a A Mo., Ist ra., guar ids'
108
Marietta A Cin.— 1st mort.
INCOME BONPS.
do
2d 7s, 1900
.1100
Ist mort.. sterling
87)4
Central of N. J.-1908
St. Ii. Jack. A Chic, 1st m. 112 1114
Metropolit'n Elev— Ist.lBOS i6i«
75
Chic.St.L.AN.O.— 2d m. 1907 70
Mlss.Ulv.Brldge.lst.s.f.es tl09
Mich. Cent.—Cgns., 78, 1902 118)4
Col.ChicAInd.C.,inc.78,1890
41H
Chic. Bur. ,t Q.—<< p.c, 1st m lOgHliOH
Ist mort., 8s, 1882, 8. f.
109
SS
55
Ind'sBl.AW'n— lnc.,1919..
Consol. mort... 7*
Equipment bonds
63?*
Lch. A Wilkes B.Coal-1888
Bs, sinking fund
lOl
es. 1000
„
looi.. llOJi ijikeErieA W'n-lnc.7B.'8e
62X 68X
Chic. Kk. I.i P.-68, cp.,19I7 US
Mo.K.A T.-Conl.as8..1904-« 98U 98J« Laf. Bl.A Mun.— Inc 7,ia»9
68
6b, 1917, registered
»114H
2d
mortgage,
inc., 1911.-HI
MobileA O.— 1st prcf. debea
Keok.A lies M., 1st, g., Ss. 94
H. A Cent. Mo.. Ist., ]«90 106 n'6'
2d pref. debentures
40?i
Central of N. J.— Ist m., '90. 117T*
Mobile A Ohio— New m.. 6s
100
41
do
Sd
Ist consolidated
Nash. Chat. A St. L.-l«t 78 108X HO
do
4th
do
assented. loiji
28^
..
N. Y. Central-6s, 188«
104^ 106
73
N.Y.LakeB.&W.Inc. Os. 1977
Convertible
6s, 1887
106
St.L.I.M.AS.-lst78,prf.int.
86J< 87)4
do
assented
106
106«
6s, real es^te
iV»
72
70
2d int., tie, accum'i^tive
Adjastmcnt, 1903
106 l«6!i
6s, subficriptlon
«1«3
Lebigh A W. B., con., g'd
110
Miscellaneous
List.
N, Y. C. A Hud., 1st m., op. 125«
do
assent'd
93
94K
Ist m., reg.
tjirokers' Quotations.)
do
125
Juo. Dock A Impr. bonds
107
J08
HudB. R., 7s, 2d m., s.f.,'& u'o' 111
RAILHOADS.
do
assented 107
^^
Canada South., Ist, int. g. »0« 90Mi Atch.AP.P'k-6s,gld, excp. 05 105
<kl«.MII.A 8t.P.— lst,8s,P.D 127
Harlem, Ist m., 7s, coup. 125)4 128
106
N. Y. Air-lr-lst m
110
Bost.
A
mort., 7 8-10. P. D....
113«
do
1st m., 78. reg
l'»)ij ..
110
Cent, of la.— 1st m., 78, gold 107
lit m., 7b, $ gold, R. D.
48
60
111** 112»i N. Y. Elevated— Ist, 7s, IS06
2d
l«t m.. La C. DIv
111K
Ohio
A Hiss.—Consol. a. f 'd
13
15
Stock
lBtm.,I. A M
111
112
Consolidated
110 T ..;
62
istm.^^.
Chic.ACan.So.
Ist m., I.
109
2d consolidated
ioe)iiio
94
Chic A K. Ill.-S.F.c'y
l«tm.,U. AD
109
l8t
m..
Springfield
4iv .... $68
69
76
Income bonds
»»tm.,C.
112)4
Pacific UailroadsCon. sinking fond
Chic. St.P.A .Mpolis— lst,6s 101
109
Central Paciflc—Gold bds. 109H109)<
Landgrant Income, 8s
90)4
3d mortgage
San
Joaquin
Branch
107
Southwest.—
7s.
guar
110
Istra., Ts.l. A D. Ext...
Chic. A
102)i
107« 107H
Cal. A Oregon, Ist
101
90
93
B.-wesl dlv.. 1st 6s, 1909
Cin. Lafayette A Ch.— 1st m
100
State Aid bonds
101
Ist 5s, IjiC. A l)av., 1910.
Cin. A Spr.-l St, C.C.C. AI .,7b 102
Land grant bonds
lstm.,g'dL.S.AM.
S.,7s
106
Cnic. A N<irthw.-Slnk. f 'd.. ,f^
104H
Western
Paciflc
bonds..
105
95
Denver Pac— lst,78,ld. gr.jj 84
Int. bonds
tl06
106
Boufh. Pac. of Cal.— 1st m.
109
Ek-ie A Pittsburg~l8t m., 7b 100
Consol. bonds
121
121X
Union Paciflc— Ist mon.. lOSJilOO
108
Con. mortgage, 7s
Extension bonds
104X
Land
grants,
78
85
1139<
equipment
95
78,
1st mortgage
111
112
Sinking fund
118^
Evansv. A Crawfordsv.— 7s. 103
Couixin guld bonds
llSJi 116
Registered, 8s
98 105
Flint A Pern M.—8s, I'd gr't
Registered gold bonds.
115>< 118
Paciflc Rtt. of Mo.— iBt m. 108
109
60
Consolidated 8fl
62
Sinking fund
2d mortgage
17
Iowa .Midland, 1st m., 88. 106H
Stock
»1075i 108)4
Income, Ts
80
65
Galena A Chicago, exten. 105«
Oalv. Hous. A H.— 78, gld,'71
iBt m., Carondelet Br...
Peninsula, Ist m., cony..
Gr'nd R.AInd.— lBt,7s.l.g.gu 108)4 110)4
Booth I'ac.cf Mo —1st ni.
1st. 7s. Id. gr.. not guhr
102
rloe» oominal.
31
series
109
I
.
36
31«
.
.
. .
8«
'
J
6s, consol., 2d series
68, deferred
!^: D. of Columbla-S-658, 1984.
Small
Registered
*6!
Kansas Pac.
2d
new
new
VIrglna—6s, old
65. new, 1H«6
6s, now, ise7
6s, cnns(»t. bonds
6s, ex matured coupon.
16
RH
6s.l(««
Istm.,
South Oirdlina
6s, Act .Mar. 23, 1860.
Non-fundabic
Tennessee —Os, old
90
00
104k''.06
^ ....106
147
Col. Chic. A I. Cist con..
iei
Coup.,7s,'94 *109 !110«
2d con...
do
do
Reg. 7s, "94. «109
do ist Tr't Co.ctfs.a8s,
\19H 116
do
.111«
109 112
suppl.
do
do
iBt Pa. dlv., coup., 7s, 1917
'?8,
tlllX
1917
..
112
ass.
reg.,
do
2d
do
do
Phil. A Bead.— Cons. coup.Sa
Albany A Susqueh., 1st m. 112 <114
..
2d mort.. 107
do
Registered 6s, 1911
3d mort. ilOO
Coupon 7s, loll
do
.,
Ist con., guar 109
Registered 7s, 1911,
do
Improvem't, coup., 6s, '9©
Bens. A Saratoga, lst,coup
l«t, reg.
do
General, coup., 6s, 1906...
lst,l»00
Grande—
do
78. 1908.
do
Deny. A R.
107 107M Erie— 1st mort., extended.
120 121M
Inc. mort., coup., 7s, 1896.
<04
68
tiO
2d mortg., exf n 6b, 1919.
Deb. mort., coup., 8s, 1893
48
49
107 107«
Deb. mort., conv., 7s, 1893
8d mortgage. 78, 1888
lOlH lOlH
4th roorlgagc, 7s, 1880 .... 103
Rome Wat. A Og.— Con. 1st.
Sth mortgage, 7b. 1888 .... HI
St. L. A Iron Mount 'n— Istm
116J«
1st cons, pild 7b, 1020
2d mortgage
114
..
Long Dock bonds
Arkansas Br., Ist mort ...
58
Buff. N. Y.A E, 1st m., 1016 116)i'll7
Cairo A Fulton, 1st mort.
5
N,Y.Ii.E.AW.,n.2d,con.,68 »W)Mi ..
Cairo Ark. A T., Ist mort.
13>i
do 1st, con., f CP..78 tll4>, 115)ii St. L. Alton A T. H.-lst m.
H2
do 2d,con.,f.cp.,5s,6s
2d mortgage, pref
Ist
27«
27«
110
110
Consol. 6s. 1905
;.
Income and land gr't. reg.
construct'n 103
do
78 of 1871. lltiiWi
do
do
1st con., g'd.. 109J<'10»J«
Del.AHud.Canal— lstm.,'84 104Ji 105
'
lx>nff Island
ni9
107
Morris A Essex, 1 st m
2d mort...
do
bonds. 1900
do
•
A
K«okuk A Oes
117i
••
Mortgsge 78, 1907.......... 118k
Syr.Biigh.iN.Y., l8t,7s 113«
160
A Kokomo
Harlem
»....ll06
A
Pittsburg, guar....
Dubuque A Sioux City
TYankfort
...
1
Rhode Island—68,coop.'9»-0
28
26
do
class 3
Ohto-6«,1881
....|J
1
113
convertible
78,
.
bonds,
do
C. St.L.A N. O.- Ten. lien 7s 105
*103«'
Ist ct)n. 78
West.- 2d m. 104M
Del. iJiCk.
I
New
iniSCEI.I.ANE01JS
Consol. mortgage
.,.
Becukities.
Ask.
118
116
.
Special tax, class 1
do
class 2
!06
1U5
*
.
do
A.AO
do
coup, off, J. A J.
do
coup, off, A.AO.
Funding act, 1806
do
1868
Chatham
do
do
gold.je
reK.,'87 109
York-68, gold^
""
A Mil., Ist
Winona A St. P., Ist m. ..
2dm....
do
C. C. C. A Ind's— Ist, 78, s. f.
'
:
100
lOlW
intH
Chic.
Boston A N. V. Air L., prcf.
Burl. Cedar Kjipids A No...
Cedar Falls A Minnesota...
Chicaao A Alton, pref
....1
:05W 108
1887
18l>2
1893
6»,old, A.AO
No. Car. HR.,
107
St. Jo., 1888.
RAILROAD AND
Kailroad Stocbo.
...'
191
ao7
8s, loan, 1883.
1891.
es. do
(>4cbr« prerioti^lu quoted.)
6s. loan.
105
eis,due 1880 or "OO
;^
Asylum or Univ., duo v2
KundlrlB, 1804-115......^.
lOS
Connectlcatr-^
Ueondii—Ss
York-«s. loan,
North Curollna—6s, old.JM
103
110
104« 105«'
105«
«9,duelH«8
6», due 1887
6«, duo 1888
Bid.
SBCtTRITIKS.
New
....
an
Kmull
MlchlitHn-<i«, 1883
;••
7s. 18W)
Mi»sourl-<ta, due 18!« or '83
'...'.'.
!
7b,
7b,
-
Li.uiKluiia— 7s, consolidated
giaw A,2toS, small
ciua c' » to bV.V.'l
ATk»nms—e». runded
It. U Rook A Kt. Scott Im.
It, Memp. * L. Kook KR
U R P. B. * N. U. KR.
7«. MIM. O. * R. I- RR
Ilh ArkuiauC«nir*l RR.
Ask.
Bid.
8ICT7RITIES.
Kentucky—fls
. .
I
Tennesssee State coupons
Sonth Carolina consol
Virginia coupons
ennwol. conpor.s.
do
10
26
40
20
76
8
qnotation to-day! latest Bale thl» we«li.
Jasuaet
THE CHRONICLE.
17, 1380.1
NEW YORK LOCAL
Bank
Stock
63
SECURITIES.
Inanranc* Stock Llat.
I<lst.
[Qootatlona by K. 8. Bailbt, Broker,? Pine strMt,]
Capital.
CoxrAHiK*.
PalOB.
DlTIDBITDB.
Sorplos
Net
at latest
*»<»"'«
"
are not Sil'^
dates.
Sowery
Broadway
iiotchera'ft Dr.
Central
Chace
Chatham
Chemical
25
Cltltena'
100
Commerce
100
CoBtlaental... 100
Corn ExchVe*. 100
First
100
KXI
Fourth
Fulton
.'^.000,000
1,000,000
1,000,000
1
German Aii.* T
German Exch.* too
Germania*.
Greenwich'....
Grocers'
Hanover
..
25
.SO
id
*79.
Inly
Jaa„
,000,000
710,0(J(
;V.*0.
7
May
•79.
•79.
*70.
100 1,000,000
57100 ir.A A.
May.
60,10;
\i'.4N'
I.
J.
I.
J.
A
212
A
1,130,300
AJ
13S.010 .I.A.I.
4,400 J. A J.
4*^1400
AJ
:,027,7.X) F.AA
10,600 .J. A J.
2;!,«00
11
I
.1
r"
.
.
.
7
May
3
7
laii„ •77.
;an., •80.
J
77.1^0
45 400
717.500
.
A J.
AJ
May,
12
M.AN.
I.A
6
J.
A.I.
F.AA.
1M,600
A J.
A J.
A J.
J.
J.
J.
.I.A
8
a
e
Feb
*77.
•80.
3
Ian.,
N.
10,^.600 J.A.I.
287 700 J. A J.
100
117,800
M.AN.
I. A.I.
2«
8^
3«
3"
Jan.,
July,
Jan.,
Nov,
M.A
2
2X
4"
12
6
10
8
A J.
AJ
•79.
•79.
•79.
'79.
•80.
•79.
•80.
i't
J.
J.
J.
100 1,00(1,000
40 1,000,000
so 1,200,000
200,000
Jan.,
July,
J.
A
I.A
J. A
204,0(10 J.
40.700 J.
B6j,2()0
Nov.
7
Q-F.
I.
SS.BOO
617 BOO F.AA.
123,000 F.AA.
55,400 J. 4 J.
88 300 .1.4 J.
250.300
5
8
8
8.5,800 I.
70,900
91,800
123,600
70,«00
173,000
211,500
332.600
129,000
S«
'79.
J..n,, *B0.
Jan
H
»
(1
10
7
7
3
H
7
3
9
H
10
8
8
Nov,
'79.
uly. •79.
City Railroad Stocks
aw
2K
8
Oas Coufasiii.
Par.
•
Brooklyn Gas Light Co
Gas Co (Bklvn)
bonda
26
20
Citizens'
do
Harlem
„
„do
„
Sew York
100
V.r.
100
1,000
25
scrip
,
People's (Brooklyn)
on
do
do
do
Central of
bonds
certificates,
New York
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal
do
bonis
^a
.
100
10
1.000
Var.
50
60
Var.
100
100
£ teeter St.it PuUonJ'erri/—ttt.
mortgage
Br.'adwat/
£ Seventh Ave—stk.!
mortgage
Brjokli/H Oit:/— stock
mortgage
B''oadu>aj/ fflro»tli/n)—stock..
Hfooklyn A Hunter^e /Y— stock.
1st mortgage bonds
jBMkwtct Av. [B'kti/TDsxock..
Cntral Pk.. y.Jt E. iarer— stk.
Copjolldnted 'nortespebon' a
db Tenth 5«.— Stock
ChrUtooher
BcudQ
Dry Dock, E. B. ± Battery— titi
1st mortgage, cona*d
Btykih 4cenu<— stock
Isl
mortgage
aaai.
.t
grand
Ut mortgage
St
terry-^ioci
Central rrom 'Joien- stork. .,.
1st morfg^MTp
Bouetm, We»t »t.itFatJ'y—tOL
Istmcrfgige
£<cona ./Is. nu«— stock
8d miit:age
Tons. Convertljlc
Extension
Si XUi Avenue stock
isimortg ige
„
Third Aveme—tUxM.
a
8S
90
95
PacWc
Peter Cooper...
People*s
Phenlx (Bklyn)
Produce Excb.
Kellef
4
6
100
900,000
1,000
694,000
100 2,100,000
1,000 1,600,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
800,000
100
600,000
100 1,800,000
1,000 1,200,000
100
850.0(0
1,(00
•.!S0,000
100 1,'<!00.000
S004C
900,000
100 1,000,000
1,000
203,000
100
748,000
1,000
236,000
100
600,000
1,000
200,000
100
250,000
600
600,000
100 1,199,500
1,000
150j000
1,000 1,090,000
SOOAc
200^000
100
760,000
1,000
418;000
.
J.
A
148
J.4J.
Q-J.
J.4D.
Q-F.
M.AN.
Q-J.
A.AO.
J.*.:.
J.
J.
J.
f
8
H
7
A J. 2^
«J 3
AD.
I.A
7
J.
A.AO.
Q-K. 2
J.
86
SS
96
85
6)
75
100
£S
80
138
105
110
ISO
An
7
fO 15
J*ly,190o 96
Jan., •'O 72« to
Ju y, *8» 103>4 105
Nov., 79 140
150
Nov,, *80 102 110
,Tan., *80 1^<7J< 150
Jan , *gO 95 100
1888
100
85
59
102
95
Dec. 1902 104
40
86
105
Nov.
*79 lOS
*93 108
*80 150
115
100
'79 170
'93 110
iid
Jan., *(*0
Jan.. 'SO
June,
,
*ei
2*J),-
mIan.
7
SoT.iddJ
J. *. .1.
7
iniy; "94
Jan., '80
m Apr
J.AJ.
A.SU. 1
M.AN. 1
II.
7
M.AN.
J.AJ.
Q-F.
5
7
May,
99
10
95
42«
,*f>5
100
*88
90
90
Sept..*83
ai«
lo.*;
113
180
115
25
101
20
100
4rt
;o2«
95
95
115
150
100 2,000,000
6 Nov., '79, 135
July, '90 102
1,000 ^,000,000 '.* J. 7
103«
Twenty 'hiraHireel—%Ui(itt.,. ,
*ng. *79 100
1'I3
100
800,000 J A J. 4
1st mortgage
250.000 M.* N. 7
May. '93 103 105
1,000
^ ThiR rnhimn Khow.. Iat>t dlvlden.l onutnr.iM. hat like date ul uialuruy ul 6ond«.
t Also cztia dlT. or 7 per tt^t, making 10 per cent.
1. 1
m,,rLgage
WUllamab'gC.
Aak.
10
^*n
10
Aug. *7w. 8
Jan.. *C0.10
iiO
18
Jar.. •80.10
"79. 8
10-72 A:.g
12
Jan.. '80. 5
6
25
18
20
17
10
10
100
100
1,000,000
1.000.000
10
10
15
10
14
18
16
12
10
12
14
20
18
18
10
73,673 12
703,I0«
I24,y;)()
200,000
200.000 339,629
28,078
200,000
1*^7,891
160,000
50
600,000 639,669
56,883
60
200,000
100 3,000,000 1,179,694
509
26
160.000
94,*^eo
50
600,000
86,070
50
200,000
7,463
100
200,000
200,010 +288,838
SO
20
150,000 188,010
8,420
280,000
40
150,000 143,113
50
93,141
200,000
100
35,537
150,000
25
200,000 260,704'20
50
800,000 :81,194 10
26
S03,802
200,000
11
100
119,904114
250,000
100
200,000 240,935 30
25
179,80,(
20
150,000
50
38,280 10
200,000
60
200,000 153,209 20
50
98,541 20
200,000
60
165,852
200,000
25
50
104.695 16
371^ 200,000
210,000 304,366 20
85
133,855
200,000
20
100
21,120
200,000
100
22,054 id'
300,000
100
454,28'.
600,000
10
50
111,976 12
350,000
25
200,000 400,203 30
25
200 000 102,046 20
100
198,687
150,000
20
104,066
150,000
50
50 1 000,000 4117,251 20
200,000
100
»H
46,949 10
200,000
60
24,638 10
300,000
100
13
100
,000
193,078 28
25
200.0C0
15«
100
200,000
2S,3*.» 10
26
200,000
180.272 11-56
50
500,000
148,074 15
100
200,000
84,310 10
!00
200,000 148,401 20
25
300,000
106,623 25
25
260,000 210,062 16
25
300,000 101,665 10
10
260,000 403,362 20
50
.'an..
'."O.
11
•79.
fO.
Jan.,
•80.
'77.
*80.
•80.
•^0.
.Tan
Jan., «0. 5
1.18
Ian.. *80. 3H (U
Jan., *80. lit 120
Inly, '79. 5
Jnly, 79. 6
.Ian., '19. 3>,
Jan., •80. 8
Jan., •80. 5
Jnly, •79.
10
10
10
10
10
20
5
18
10
10
10
10
20
10
SH
20
30
20
10
20
18
20
14
20
17
5
*80 10
'80. 5
'80. 8
'80. 5
'HO 6
•80. 8
'80. 4
*79.
Sept.
Ian.,
Ja...
Tan.,
Jan.,
Jan.
Ian,,
Jan.,
16
10
12
10
12
12
11
11
10
20
20
20
30
6
8
6
10
13
20
16
10
12-36 6-23
10
Au<.
14
10
12
10
Jan., *80
16
12s
98
88
108
120
70
5
'80.
'79.
Jan.,
Jan.,
3X
5
6
5
*80.
*80.
•79,
Aug.
168
109
120
80
70
68
108
leo
108
115
100
88
100
160
105
ro
128
101
lO*;
70
80
118
106
128
110
V.2
100
123
5
Jan., '80.10
«0
80
ids
118
.Ian., '80.6-23 120
10
18
10
66
2(0
12M Jan.,
loe
TO
117
4
17>t
20
60
'an., *«0.10
Oct.,
Jan., *8C. 6
Jan., *l-0.10
20
Jan., *80. 6
12
Jan., •80. 5
15
N*ne Jau., •77. ay
Jan.. *80. 8
10
Jan., *80. SJ<
5
10
Ju y, *-9. 5
July, •79.10
20
an., '80 8
18
Aug. •T-J 8
9
91
167
123
100
Jan.,
12
1?«
100
Aa<.,
'79.
W
iM
133
14
'TO.
'80.
*79.
is>
85
98
20
20
10
18
12
20
10
20
N*ne
N*ne Jan.,
20
^8
128
139
July, •;9. H
1U9
.Ian., '80. 6
ISO
lan., •80. 8
160
Jan.. 80. 7
78
Jan., *80. 5
Jan., •8,. 8 .1120
115
Jan., *80. 5
Jan., 80, 7
ibd
July, *79. 8
180
Ja-!. *80 6
id"
18
ISO
1S«
10
10
20
10
20
108
30
10
10
10
18
12
13
10
48
8
8
139
130
110
250
10
20
10
10
98
lOU
120
3>, 93
180
188
lao
100
107
7«
8
5
Jan.
Jan., •%. 7
Jan.. •80. 6
Jan., *--0. 7S,
Jar.,
16"
22
id
30
20
40
.
3W
5
Aug.
.lau.,
N*ne luly,
147,0831
82*.;,S4
.'.0
120
Ian., *80. 8
-Jan., •80.6-85, 178
Oct., •19. 6 |178
1145 1280 1840
531.870 80
20
20
80.008
105,240
135.882
68,253
8
*77.
9U0
118
'
N*nc July,
1,000,000 1,010,755
300,000
200,000
200,010
200,000
204,000
160.000
160.000
200,000
IRS
180
170
188
115
Dec. ,'79.10
20
20
203
tlnilnslTCO
all liabilities. Including re-Insarance, capital and scrip.
Figures with a minus sign (—) Indicate extent of Impairment.
•Over
scrip.
CItr Secarltles.
LQnotatlona by Daitiu. A. MoBAir, Broker, V7 Pine Street.]
iHrKaaa-r.
Bonds
Months Payable.
Mw
rork:
184J-S3.
Water stock
Croton waterstock.. 1845-51.
..lSS-i-60.
do
do
Croton Aqoed'ctstock.1865.
pipes and mains...
do
repervoir bonds
lo
Central Paik bonds.. 1858-57.
..185».«5.
no
do
1870.
Dock bonds
—
1^75.
do
186V«.
Market stock
1869
lmpr3vement8tock
....1819.
do
00
var
Consolidated bonds
var.
Street Imp stock
do
var.
do
—
Feb.,
New Consolidated
Westchester Connty
Consolidate!
Aases ment
May A November.
Feb. .May, Aug.A Nov,
5
6
do
do
do
Park bonds
Water loan bonda
Bridgebonds
Water loan.
City bonds
Kings Co. bondi
do
do
Park bonds
Bridge
,
'AllBrooklyn bonda
110
109
108
108
113
108
:09
do
May A November,
120
6
7
6
May A Novo-nher,
107
117
7
7
5
im tr'em't
101
106
107
118
7
do
do
do
do
do
January
do
do
do
do
do
do
A
107
102
113
Jnly.
do
May A Novem'>f r.
1
New
Jaiuary A July,
lo
do
io
do
do
do
do
do
do
do
do
do*
U*T A NoTasntxr.
40
do
January * Jnly.
do
do
Jeraey Ctty—
Waterloan ,long
^^...
18*71.
4o
Improvement bonda .~. ..
18«g-«».
Bwwn bonda
.
St.,
January A Jnly.
January A Juiy.
A J. and J AD.
January and Jn(*
J.
122
lOS
118
108
116
118
102
113
118
106
IPS
118
110
106
102
108
101
103
111
it.1
1870-1880
1681-1808
1B18-1924
1900-1924
1904-1912
1
OS
121
123
119
122
ie2
111
119
m
i8w-i9ae 108
180-1806 tlHM
1SO-I8HB 106 111
1880-1888 104
111
1924
1807-1810 110
flat.
[Qnotatlons by C. Zabbibkii, 47 Montgomery
VM
102H 106
Quarterly.
do
104
106
100
104
do
do
do
[Quotations by N. T. Bbsss, Jr., Broker,
iirooJ:l^n— Local
City bonds
du**.
May Ang,A Nov.
do
do
do
.
45
95
4ht.*77 105
July,
luly, *90
Tradesmen's....
United States..
Westchester...
100
CO
101
60
95
'79
Q-J. 3t Jan
J.AJ. 7 Ian.,
M.AN. 7 Nov,
A.AO. 7 Apr.,
A. A
1,M)
I115
Broadway.)
2
7
Safeguard
St.Nlcholas....
Standard
Stnyvesant
Bid. Ask.
.Jui.e, '<9
H Jan.,
7
Rutgers*
Star
Sterling
1
*
J.
Uldgewood
iS«
17«
—
Kepubllc
:2i
1888
A Boston
New York City
Park
65
105
49
140
2S May,
N.Y. EqnltaWe
New York Fire
Niagara
North PJver....
5
8
(Bkn)
Nassau (Bklyn)
N. v.
S«
8H
*
.
Matlonal
an
Date.
Mercantile..
Merchants*.
MonUuk
lisd
115
2K
3
[Quotations hy H. L. Qbant. Broker.
tst
Longlsl.(Bkn.)
Mecb.ATrad*rB'
Mech*lcs*(Bkn)
85H
7
3
50
20
60
Matual.N. Y
do
bonds
Nassau, Brooklyn
l)t
Lenox
Mannr.A BuUd.
Manhattan
Nov. '79 115
July, '79 00
18US
!00
Feb., '78 40
July, *r< 130
I**
*79
6
Jui.e,
140
6 Aug., *79 110
aK Aug .*7« 9J
*79
40
IM JUJy,
18S2
10 J
3 July, -79 60
Nov,
71
85
»M
4
May, *79 75
»H Jan., *76 30
7
1997
90
aw July, *79 75
3
An<., *79 60
2 July, '79 «6
Mi July, *79 90
1,000
Jersey City 4 Hoboken. ...!..!'
Manhattan
Metropolitan
]
do
cerilflcatea
1st
Kings Co.(Bkn)
Knickerbocker
and Bonda.
Amount. Period.
T..
Lorlllard
[Gas (^notations by George H. Prentiss, Broker, 24 Broad Street
.
Bltf.
Jn'y. •78. 8
July. •*». 8X
Jan.. •80. B
Ja-.. 8". 8
Jan., T^ 4
July. •78! 8
8
10
18
18
10
4
10
20
20
20
20
50
25
Larayette(Bkn)
Lamar.. .;
3W
,
7*4 Jan., 80.
Last PtllL
1876. 1877. 18T8.
100
15
Irving
Jefferson
"Kures In this column are of date Dec. 12, 18I», for the National banks, and
Dec 13 tor the state hanks.
Gaaand
City...
Howard
60
80
80
4
•70. 3
*74. 3ii
An^. •79. 3>,
Jan., '80. a
July, '78. 3
Jan., •80. S
Ian., '80. 4
July. •79. 3
Nov, •79. 3\t
Ian., '80.
»
40
100
30
50
Importers*A
135
July,
6
Kagle
Hope
80. 4
*79.
an., *80.
OH
»«
100
Home
121
Jan., *rO
80
Jan., *80.
Jan,, •V). 8«
J.n., •K). 6
jDly, •79. 8
id
Continental...
Hofflnan
Nov,
6
30
50
Aug.
3
laa., •80. 4
July, •79. 4
A
100
..
Jan., •80. 4
luiy, •79. 2»4
n., •80. 3>4
MAN.
I.
80
J
151,1101
»!'3,300 •1.4 J.
151,100 J.
J.
20
70
Globe
Greenwich
Guardian
Hamilton
Hanover
July,
PtIOS.
1.
18W.'
900,000
4,877 10
200,000 -10,944 28
400,000 t460,49i 16
200,000
88,8211 10
200,000
8
200,000
10
.300,000
898,757 20
200,000 298,201 20
153,000
197,892 20
300,000 483,f81 20
210,000
163.191 ISO
200,000
146,144 20
300,000
-1,422 10
100,780 25
200,000
KrankllnAEmp
German-Anier
60
Germania
3^ 115«
,lan., '78.
.
50 700
3
Jan., 'NO. 7
8
Cttlsens*
Flremen^s .....
Klremen*8 Fund
Flremen*» Tr ..
135
2X
Jan,, '80. 4
118,000 J. A J.
2X1,400 ,1 A J
WW.700 J. A J.
89.500 M.AN.
8,100 M.AN.
IV
bxciiange
Farragut
8
6X
Brooklyn
Empire
14
12
2.1
2ri
b'
6
3
79. 3
N.,y
60
Bowery
Broaiway
3K nil,
33
Oct., 79. 4
i
67,-,;ao
1.1,2011
100,000
100
100 1,000,000
100 2,000.(KX)
N. r. Couuiv.. 100 200,000
N. Y. N. ixcli. 100 300,000
Ninth
760,000
100
No. America*.. 70 700,000
North Klver*.
210.000
30
Oriental*
300,000
25
PaclBc*... .
60 422,700
Parle
;:;
100 2,000,000
People's*
25 41?,5O0
Phenlx...
20 1,000,000
ft'oduce*. ...
SO
125,0t;0
Kepabllc
100 i,5oo,oo;i
St. Nicholas...
100
600,000
Seventh ward. 100 300,000
Second
100
Shoe & Leather 100 300,000
600,000
Uth
100 200,000
State of N.
100 K00,000
Jan., •80
Atlantic
Columbia
Commercial
3
3
'80'
•79.
iP,j".'
an
'76.
*80.
28
too
...
city
Clinton
6
Ian., •80.
Nov,
.,
..'.
AUi.
8H
,r'an.,
Nassau*
West side*..
id
»H
Amount
American
60
American Excb 100
Amity
100
laa., VO. 4
Ian., *H0. 3St
12
fiH
NewYori
'
id
jBtna.
3
5
*80.
*;9.
10
1
Dnton
8
,
I. AJ.
M.4N.
.
Third
6
„
Nov,,
375,»<00
Imp.ft Tradera' 100 1,600,000
Irving
50 500,000
Island City"... SO
100,000
Leather Manuf. 100 600,000
Manhattan*
50 2,050,000
Manuf. AMer.* 20 100,000
Marine
400,000
100
Market
600,000
100
Mechanics*
25 2,000,000
Mech. Assoc'n. 60 500,000
MechMcs & Tr. 25 200,000
Mercantile
100 ,000,000
Merchants*. ..
50 2,000,000
Merchants* Ex. 60 1, 00(1.000
Metropolis*.
800,000
100
Metropullian.. 100 3,000,000
TTade8men*s.'.*
-a
6
10
«K),000
560,000
200,000
200,000
200,000
225,000
100
100
10
AdrUtto..
5
Jan,, •80. 8
Ian., *gO. 3
Jan., '80. 3K
Sept. *7». »
Jan., •811. 3
Jai., •80.25
A
OH
.
i icjo.ooo I.& J.
H«,3U0 I. A J.
830,100 F.AA.
im,ioo I. A J.
14,000 I.*.I
SU.OOO ', * J.
201,0
3,i;00,(KKI 1.006,200
50
I & J
M.*N
250,000
100,000
150,000
100,000
500,000 l,;i)7,70o
3(1
.
l.')8,4il0
BOO.IKXI
1,000,000 I.441.3UU
XaatKlTer....
25
lllh Ward'.... 25
Fifth
loo
Fifth Ayenue*. 100
iiul*
July
8
Nov.
I.
DiTtDmos.
Surplus
COHTAKlBa.
SH
Ian., •80.
•70.
Ian., •80.
B«
A .1 12
I.* J
16
l^.•i^•X)
H
300.000
23
SHOtiOj
I.*
100 2,0(]0.0
J
8
60,aoo
300,0
100
140.4. )U I.'* J
450,(i00
'o
iw
300,000 3,201,000 Hl-ni*ly 100
100
City
,^«
Of
01 date
8
.,41!?, 100
1,288,'''X)
1M<),300
100 250,000
2S 1,000,000 1J!15.1')0
eallatln....
Bid. Ask.
Last Paid
Period 1S77. 1878.
Par.
America*
too 3,000,000
Am. Exchange 100 5.000.000
Murray
(
Jen«y
Clty.1
1888
1880-1902
18WMM
mBo
no
Ii4
ua
THE CHRONICLE.
64
[Vol.
XXX.
The President's report says; " In view of the greatly improved condition of business, the managers have not hi-sitated
to increase the floating debt for the purchase, erection and
completion of such facilities as seemed to them absolutely
FINANCES.
COEPORATION
neces.sary, and without which the company would have been
KTATE, OII'T AND
unable prolitably to move the very large tonnage expected in
last Saturday
the
on
published
is
Supplement
the immediate future. Since the close of the fiscal year, howThe I.NVB.-<n)Ks'
regular subscribere of the ever, an agreement has been made for an advance for one year
of each month, and furnished to all
are sold at the of 70 per cent, or §'3,500,000 upon the $5,000,000 unissued genSiBosicLB. No single copies of the Supplement
is printed i» supply regular
eral mortgage bonds of the company, coujjled with an option
offlce, as only » sufficient number
to take the bonds at a price which will yield considerably more
aab8crib«T8.
than a million dollars additional. A large proportion of this
$3,500,000 has already, been received since the close of the fiscal
ANNXTAI.
year, and applied to the reduction of the floating debt, which,
at the close of business on January 10, 1880. amounts to
Philadelphia & Reading Railroad.
§6,730,543 of bills payable and call loans to which must be
(For tM year ending Not'.mber 3D, 1679.)
added |635,015 for outstanding wages certificates, and §301,416
following
the
supplies
submitted
just
The annual report
If the option of
certificates for materials.
%nvitstmtnts
REPORTS.
information
COMPABATirB RESULTS OF TEAB'S BUSINESS.
1877-8.
$1,.')1!«!.123
Travnl*
llBn-handlset
Oo«l*
7,20«.9.'>2
41,66,5
73,787
Oross roocipts
OrOM
3.827,496
7,186,222
44,944
53,53
a.690.76«
m3i..
Jf iaceiianeous
expensea
20,730
3,279
Dec.
Inc..
Dec.
20,'.!56
8,987,341
luc:.
Inc..
$1,566,759
1,667,995
$4,119,011
Dec.
$101,216
it
will
reduce the
COUPON 9CEIP.
total amount of coupon
and income mortgage bonds outstanding at the close of
and Issued during the year
The following statement shows the
scrip
:
$1 1 .5.39.593
7,319.366
$13,106,352
$4,220,227
,
Ketproflts
Inc. or Dc-c
$467,736
lof..
Inc.. 1,136,730
1878-9.
$1,994.1.59
for outstanding
taking the $5,000,000 bonds is exercised
floating debt to abo u t $4,500,000.
Perkiomeu
Debenture Gen'l mort. mort.
and guar, gold $ or guar, gold
Total.
Jt scrip.
scrip.
$ or £ scrip.
Total amount to be issued. $6,134,365 $1,771,740 $101,250 $8,007,355
.
•Pas«en)rerRcaiTicd— 1878,6.376.413, equ,il to 807,642 through pasenKcrs- 1S79. 7,908.648. equal tn 1,064,332 through iLissenscrs.
moved— 1878, 2.757.838 1879, 4,177,976.
moved— 1878, 5,909,140; 1879, 8,147,579.
t
Merchandise, tons
J
Coal, tons
;
Amount
issued to
Novem-
ber30, 1879
Less received and canceled
$5,689,148 $1,738,440
3,035
$99,180 $7,526,768
3,035
$5,686,113 $1,738,440
$99,180 $7,523,733
Total
Gross expenses, including renewal fund, rents of lateral' Converted into into income
2,218,000
4.860
2,213,140
mortgagebonds
roads, taxes, &c., in the year 1878, were 63 4-10 per cent of
gross receipts in 1879, were 68 6-10 per cent of gross receipts.
30,'79
$1,'
$99,180
$5,305,733
733,580
Nov.
Outstanding
$3,472,973
The receipts and expenses per passenger and per ton, in- Amount
of scrip issued durelnding renewal fund, rents of laterals, taxes, &c., and based
$22,140
$2,070 $343,950
$319,740
ing year
npon entire coal tonnage of the company, on main line, branches Amount of income mortgage
$172,000
$172,000
loan issued during year..
and laterals were as follows
18791878
TRAFFIC.
COMPARATIVE
Received.
Beceived.
Cost.
Coat.
The comparative traffic of the company for the last four
$0-17 7-10
25 2-10
$0'17 .5-10 $0-23 9-10
Per passenger
;
—
:
.
1-22
The above statements embrace
pajiy, except interest on the
91 0-10
56 6-10
64 2-10
88 2-10
expenditures of the com-
97 6-10
67 3-10
73.5-10
Mdse., per ton
Coal.perton
.
all
be stated as follows,
BecelptB over cost of working the road
$4,119,011
358,863
42,751
$4,520,626
Tot.ll
From which deduct
npon the business of the Schuylkill Canal
$334,057
Less profit upon the business of the Schuylkill
Jjota
33,976
line
Total
upon the business of the Susquehanna Canal.
$300,080
175,381 —475,462
Total.
$4,045,164
Intorefit on bonded debt for the year
lDten>«t for year on bonds and mortgages
Debit balance of Interest account
$4,624,014
118,427
366,143
5,108,585
year ending November 30, 1879, eh.irged
loss, and appearing iu balance-sheet
$1,063,421
The above debit balance results from charging full interest
«nd rentals, irrespective of whether the same were payable in
Debit b.ilance
to profit and
for
cash or in scrip, but
Of the amounts thus charged
there
Ftmn which dednct lossas above
was payable
In scrip
$1,725,729
1,063,421
I/eaving cash surjdus earaings for the year
The
cash
deficit of
the coal and iron
table :
1877.
1878.
1379.
6,376,413
7,908,648
Number of passengers
6,674,889
„
^
5,595,207
7,255,318
5,909,140
8,147,580
2,493,277
2,837,648
2,757,839
4,177,976
482,222313,981
2,000 lbs
Total tonnage of company (2,000 lbs.) including weight of
passengers and com10,236,326 11,833,826
pany's materials
412,110
631,7o3
10,383,317
14,673,159
2.a401bs
may
Add profit on steam colliers
Add credit balance of profit and loss account
I<08s
1876.
Number
viz.:
Canal transiwrtatiou
shown by the following
cariied
tons of coal,
funded debt.
result of the year's business
is
....10,936,157
INCOME ACCOUNT.
The
years
$662,307
'
company
Total inf cre«t charges
1«88 payable in scrip
JLoases for the year
is:
$1,054,985
121,170—$933,815
Number
tons of merchandise, 2,000 lbs.
Number of tons commaterials,
pany's
LE.VSED LINE.S.
Of the various leased lines of railway, the Catawissa Railroad shows an increase of earnings of $18,051 ; the Phila-
delphia Germantown & Norristown Branch an increase of
$18,882 as compared with the previous year. The workings of
the Reading & Columbia Railroad Company, including its
leased line to Quarryville, shows an increase of $26,522. The
Perkiomen lease was surrendered and all ownership or control
of that line given up at the time of the lease of the North
Pennsylvania Railroad.
The Express Department shows a net profit for the year of
$59,098 as against $52,335 for the prior year.
The Steam-colliers service show a profit of $3.')8,863 for the
year, as against $232,425 for the piievious year, an increase of
$126,437.
The canals show a loss, after payment of rents, of $475,463,
as against a loss of $278,609 for the year 1878, the increased
loss being partly accounted for by the low rates of coal trans-
portation and partly by the extreme drouth during the autumn,
which for many weeks seriously interfered with the economical
movement of traffic.
The President says in his report: '* In the month of May
..-.
..... ^ ^
last this company took possession, as lessees for 990 years, of
rTDm
whicn
deduct cash suri>hi8 of the railroad company
the railroads, properties and plant of the North Pennsylvania
l«»»hig
$970,959 Railroad Company and the Delaware & Bound Brook Railroad
Representing the cash deficit of the operations of the two com- Company, under leases which provide for the payment of an
panies for the year, as against $824,950 for the previous year, annual rental equal to the fixed charges of the lessors, and
an increase of-$146,008.
annual dividends to their shareholders of 6 per cent for the
FLOATING DEBT.
first two yeai-s, 7 per cent for the next two years, and 8 per
The floating debt of both companies at the close of the year, cent for the remainder of the term. By these leases the comincluding all outstanding wages certificates, wa-s $9,152,909, pany not only secures to itself the future growth of the valu699,450
$1,633,266
662,307
,
against $6,419,003 at the close of the previous vear, the latter
8um not including the arrears of wages, for wh'ich, subsequent
to the close of la-st year, wages certificates were issued.
The increa.se in the floating debt of $2,733,906 is accounted
for as follows
By caah
deficit of the year's operations of
both
companies. .. $970,9.59
By rcd'U'tion of arrears of wajps
6'7"' 8''''
By new railroads anil tt^nuinal facilities, including connections
wiUi the North Penn. Railroad between Nicetown and Tabor
Jimction; extension of branch at Harrisburg; cash deposit
for purcbiHto of Rorku County Itailioad; elevator wharf
at
Port Richmond, Ac.
able local and suburban traffic of the North Pennsylvania
Railroad, which, in connection with improved terminal facilities, in Philadelpliia, is capable of great expansion, but obtains,
by the Bound Brook Route, in connection with the Central
Railroad of New Jersey, an independent and valuable line for
the transportation of passengers, merchandise, and coal to the
city and harbor of New York, It was expected when the leases
were taken that the first year's business might show a loss of
from $60,000 to $100,000, and that after the coal traflic of the
company was turned upon the new line, all subsequent years
qna iRi would show a profit. Instead of this loss, however, the actual
By real estate purchased
q^'^V'v
By new barges, Ac, built
24'''10 loss in working both lines for the first seven months of the
By collieries purchiwcil and Improvements made at furnaceV&c.' 330;976 lease has been but $6,708 after payment of all rentals, and
«y morigage dclits of coal and iron company paid off
"Ol 352 against this loss there is to be credited a profit of $91,796 repBy increased amount of materials piu-chased and on liaud
i34'i'73
resented by that amount of value of railway supplies and
the lease
$2,741,608 materials turned over to the company at the date of
'.
Jakcabt
17,
THE CHRONICLE.
U8C.J
vrithoat charge, bat included in the items of the cost of
work-
ing the roads as if paid for.
" In order to provide at once for the Bhipment of coal over
the new line, the wharves of the Delaware Lackawanna &
Western Railroad Company at Elizabethport, formerly used by
that company for its coal shipments over the Central Itailroad
of New Jersey, have been leased for three years and put into
order, and the company is now prepared to transport direct,
by its own cars and engines, to the harbor of New York, the
large amount of coal tonnage which heretofore, at a cash cost
of fully 85 cents per ton, had to be transported over the lines
of other companies. As the actual cost of moving this coal
from Philadelphia to New York over the new line (the entire
expenses of which are already provided for by its own business)
(rannot exceed 40 cents per ton, the difference of 45 cents per
ton on a yearly tonnage of about a million tons, amounting to
$450,001) per annum, will represent the saving to the company
by the acquisition of the new lines, in addition to the profit
which will undoubtedly be made upon them from traffic other
than that of through coal to New York."
PHILADELPHIA AND KEADIKO COAL AND IRON COMPANY.
The income account shows the result of the year's business
of the Philadelphia & Reading Coal and Iron Company, of
which the following is a condensation:
KECKIPTS.
Coal rents, 997,822 tons
Laud rciitH
HoUHc rents
Furnace and
$179,612
22,956
90,370
4,070
iron ore rents
$297
Coal
Bales, 4,150.343 tons
Iron ore sales, Ac, 39,142 tons
Total receipts
Exiieuscs
Net
$10,312,798
Il,l.i5,57(i
year
From wliifh deduct tlie credit and balance of
account
$842,778
loss fortlie
profit
and
loss
143,327
.'.
Amount
The
oliarged to profit
f>09
9,892,029
94,134
29,123
MiscelUineous receipts
and
loss account
$(!99,450
tonnage of the estates for the year, as compared with the year 1878, is as follows:
Mined by
Mined by
Company.
Tenants.
Total.
total coal
1879
1878
1,300.322
1,100,181
4,26!),929
2,727,608
5,.570,25]
3,827,789
200,141
1,542,321
1,742,462
actual cost of mining and delivering coal into railroad
cars for the year was $1 14 3-10 per ton, as against |1 23 7-10
in 1878 and $1 03 9-10 in 1877.
Increase
The
THE COAL TRADE.
The report adverts
to the course of affairs in the past year
as follows
" The price of coal and the rates for carrying coal reached the
lowest prices ever before known. In the face of a demand which
freely took the entire production of the year, it is difficult to
reconcile the continuance of low prices with any other hypothesis
than that of a deliberate intention on the part of one or two of
the companies interested in the production of anthracite to maintain low prices for the purpose of injuring the credit of the
Reading Railroad Company. * * *
" In addition to this cause, the low price of coal may also, in
some measure, be attributed to another cause even more reprehensible, viz., that of stock gambling on the part of those whoso
positions enabled them to control the prices of coal with a view
of aiding their operations on the Stock Exchange.* * * "It is
no wonder, therefore, that under such circumstances the price
of coal was kept low, and as it had not until late in the year been
demonstrated that the demand was equal to the supply, the
prices of oce-quarter of the product effectually established the
prices of the whole, and at one time during the year coal was
sold on board vessels in Philadelphia as low as $2 per ton, and
in the month of September an auction sale realized for broken
coal, in New Y'ork, a price as low as $1 97M per ton."
" Now, however, that it is practically demonstrated that the
demand for the coming year will exceed the supply, the majority of the anthracite coal companies, who have been continuously striving to make money, can regard with indifference any
attempt on the part of the minority to keep prices below a rate
which will yield a fair profit to all concerned in the trade.
•' The
entire production of 1879 wa.s 26,100,000 tons. It is believed that the lotal possible production of 1880 cannot be over
28,500,000, with a strong probability that it will be much less.
As the increa.sed demand for iron works, and other kindred industries, will ab.sorb from one-half to three-quarters of any possible increase of production over that of 1879. it is quite safe to
dismiss all apprehension about the future of the trade. All the
coal that can be mined and exported will be wanted ; the prices
fixed by any one company need have no influence on those asked
by others, and the advocates of low prices and restricted production can injure none but themselves by putting their theories
into practical operation."
The bad result of the year's business just closed is due entirely
to the low pnce of coal and the low rates of transportation. As
compared with the last few years of depression, the average
rates and price realized are shown in the following table
:
:
Av. rate of transl>ortati<m per ton
received by RR.
Coiiipany.
1870
1877
1878
18'0
$119 9-10
103 4-10
1-22
88 2-10
At. price of cosi\
received by ('. 6c
I. Vm. at Schuylkill
65
Haven.
$2-10
I'308-IO
1-53 4-10
1-335-10
ESTIMATE FOR 1880.
The following table, showing a comparison between the actoal
resulta of 1879 and the Managers' estimates for 1880. givoa a
large expected profit. In the table for 187!< the total rwieipts,
i-xpenses and rentals of the North Pennsylvania Railroad and
the Delaware & Bound Brook Railroad for an entire year, are
included, in order to facilitate comparison with 1880
:
Coal transportation
Meroliandlse transportation
l'as8<!UKer transportation
.Miscellaneous reeeipts
I'or sliippinK coal at Port
1870.
$7,291,089
i.lfiUMHn
$12,1»0,000
5,000,000
2,233,()r>(!
2,.''>0O,0OO
118,20a
150,000
RicIunODd and
400,000
Eiizal>etlii>ort
Total
All expenses,
1880.
except interest on
deljt
Total
$13,799,963
0,810,351
$20,200,000
$3,989,U12
$8,700,000
IjOU.
Coal and IronConipany
ll,.'>00,00O
I'rojtI.
099,450
Total
$3,290,162
lutorest account, lucliidine full sinking funds
2,5O0,U0O
$11,200,000
forl879onail sinking fund debts
7,000,009
Net profits
$4,200,000
'•
Of this estimate the report says
No account is taken in
the above of profits on steam colliers and barges, or of los« oa
canals, as the former may be expected to cover the latter.
With such an earning power properly established and demonstrated the Company will be able to command money ujion the
most reasonable terms, and to extricate itself from all financial
difficulty by funding into some proper, pennanent security alt
of such indebtedness as must be removed before cash dividends
are resumed. Assuming that the option to take the $5,000,000
of general mortgage bonds will be exercised during the next
few months, there will then remain the following indebtedness,
which must be paid or funded before cash dividends are made :
:
Floating debt, say.
$4,500,000
2,21 8,00O
5,305,733
Income mortgage bonds
ouiMjn scrip
(
Total
$12,023,733
" To pay this out of net earnings would require from two to
three years of prosperous times, and the shareholdei-s would
then be entitled to a distribution of share capital to represent
the earnings devoted to the payment of indebtedness, first
deducting therefrom the present clebt balance of profit and Io.s.1
of $2,104,862. If, however, the improved credit of the company
enables the managers to pay off the entire $12,023,733 out of the
proceeds of any new security, the issue of which would not
increase the fixed charges of the company, they would consider
it their dut^ to do so, first giving to each shareholder tho
option of taking his pro rata portion of such new issue, and, ia
the event of the success of such a scheme (which may be considered highly probable), reasonable cash dividends could be
resumed."
Long Island Railroad.
{For the year ending September 30, 1879.)
Prom the report of Mr. Sharp, the Receiver, we have the
abstract of operations for the year 1878-9, to which are added
the figures for 1877-8, in comparison
:
Liabilities.
Sept. 30, '79.
Capital stock paid in
Funded
Sept. 30, "78.
725,380
3,387,098
$3,260,000
1.881.750
1,157.860
3,039,610
1878-79.
$1,032,689
403,977
20.797
17,073
$1,022,796
408.309
27,977
13.505
lii3,2C0,60O
delit
2,061,712
Floatinpdeht
Total amount of funded and floating debt.
.
RECEIPTS.
From passengers
Froinfreight
From express
From liolstage
From wharfage
From telegraph
FromU. s; Mail
From sales of old material
From rents of buildings,
1877-78.
115
1
,007
17,0.54
50,113
land,
21.539
21,172
newspaper
privileges, etc
Total
Operating expenses
Notearnlugs
7,800
10,722
$1,017,949
1 ,279,590
$1,524,932
1,019,000
$;J38,359
$505,932
Some
of the principal items in operating expenses in each
year were as follows
1877-78.
1878-79.
:
Repairs of road-be<l and railway, buildings,
bridges, fences, giites
and
telecrapli
Iron and steel rail
Taxes on real estate
Ri-l>airs of euRiues and tenders, passenger,
Imggago and freight cars
.Agents and clerks
Fuel
$243,111
45.848
42,375
204,019
105,970
139,200
General olflcers' salaries
34,404
PAYMENTS OTHER THAN FOR COS8TRUCTIOM.
Transportation expenses
Interest
Rentals of other roads
Proimrtion of earnings for other roads and
ferries
Funded debt
Floating debt accrued previous to appointment of receiver
Total
$168,414
2,025
40,596
129,603
89,400
114,613
22,137
1878-79.
1877-7S.
$1,279,590
205,173
193,304
$1,019,000
196.606
145,614
107,600
138,350
39,400
20,00O
31,799
104,688
$1,955,878
$1,506,328
In the year 1878-9 the following payments were
account oi construction and equipment
made on
THE OHHONICLE.
()6
iiinl iiiiiHonry, IniuJ nnd laud (liiningcs, feiioca.
I'li^riiuHTliic siti«'ratniclm-ej (liu'ludiuR Iron and
i'oT unuliiiitlon
l)ri<lu<H
»fi,383
and
fixtures
«lf<<l). liiisscMp'r and freight biiildliiBs
IxjcoiiKilivf*. iMi8«i'iiKi>r, hagiragc and frilKlit cars..... .......
81,SH4
and oiK'uhiff stri'otN at Ilaulor « Point
KWMinhtnullcn and extension of Atlautlcavcuiic line. t)etw<'cn
Janmira and Klatlinsli avenue deiKd, BnioKIyn. inclucllng
20,939
&e
c.-itatc,
cost of real
$111,2 40
Total
MII.IvS
OF ROAU
OTVNEI), I.E.XSEtt
AND
ori:itATEi>,
under the Long
sbows all the lines
Island Hailroad nianasement in 1878-9
From
Name.
The following
list
:
Main
To
Long Island nty.. Grcenport
.Sag Harbor
Manor
lino
HaKHiirliiir liraucU
Norlliiiorl braneli
Loeuat Valley limnota
Miles.
!'1'7
3r>-2
15 O
.Noi-thport
.LopiiRt Valley.. ..101
2\5
.HemiJStead
UickBVille
Mineoln
Mineola...
Heninstead liraneli
Creoanioor branch
Port' J( fforsim
Smillitown i rt.JcfrcrsonKE..Nortlip<>rt
.Kcthpasc
Illnsdalo
Stewart im
.Ilcmpstead
Oardon Clly
Stewart IIU
New York A; Itoekaway KK.. .Kockaway Jnuet. .FarEockaw.ay
.Fl.atbusliav ...
Jamaica
Brooklyn A- Jamaica UK
Fbishin.'!
V'ir.tlcld
Newtown & FlURbiCK RR
Hnnt<'r"H
Foin":.
S. S. Junction
Flushing
KK
York
Ji
New
."
! 1 .
'
Hunter's Point
Betlipaso Juuct..
Whltcstone Juuct.
Great Neck Junot
Fiusliiug bi'anch..Woodside
F. N. 8. At Central
Central Extension
ll-")
I'S
»(i
3-9
2-7
15-9
.
.
RR
Central Juuct.
Bal)ylon
Whiteslonc liranch
Or«atXcck branch
Whitestone
Great Neck
Flushing
Bushwick
& So. Side EK.N. Y. & F. Juuct.
Valley Stream
Far Kockaway branch
.Valley Stream
South Hempstead bi-anch
Patclioguc
Woodslilc &
Southern RR
Hunter's Poiut
19
S'l
4
6-7
3-9
Sl-.'j
.Freshpond
Neptune House
Hempstead..
..
1'5
9'4
"'"
5-3
3250
Total
Crookljn Horse Kailroads.
(For the year ending Sept. 30, 1879.)
is from the returns made to the
The following abstract
York State Engineer
New
GRAND STREET & NEWTOWN.
Paid
$170,000
155,850
ejipltal
Funded and
debt
tloiiting
From paRsengers
From other souroes
$98,259
2,896
PAYMENTS.
For transportation
For interest
For dividends
Other payments
$76,009
11,151
4,250
1.200
GRAND STREET PROSPECT PARK & FLATBUSH.
Paid capital
Funded and
$200,000
402,997
floating debt
BBCEIPTB.
From
From
pa&sengers
other sources
$78,270
50,597
PAYMBNTS.
For transportation
For interest
Other payments
$07,362
12,750
48,568
BROOKLYN
$2,000,000
350,000
ItECEIPTS.
$1,466,112
43,775
PAYMENTS.
For transportation
For interest
For dividends
$1,208,226
26.254
Paid
floating debt
Forlntcrest
For dividends
Other i/ayments
$149,408
32 97i
. '
is'bs'j
.
]\\\]."[.\.[
27500
ATLANTIC AVENUE.
$700,000
^lf\^
Funded' dcbV.v.'.'.".7.v.v.'.;:.\\;.\\".v.y.;.y.;:::;::;::;;;:::;::;;
443;72o
BKCKIPTS.
From passengers
From other sources
anrM
'"[[[[["][["
fi>;^
89 150
PAYMENTS.
For transportation
aiTQia'^
*
Forlntcrest
For dividends
Other paymcnU
Q?'i?.2
^a'-q-t
'^^"'.V.'.^'.'."'.'."V.'.'.'.'.'."\]'.\V^
79,650
BROADWAY. OF BROOKLYN.
Paid capital
Funded and
.'.'."."..'..........'....'...'..
floating debt
toxn nn.
290 560
RECEIPTS.
?;"' ^"'"Ja^^ * ^"''l Avenue Railroad
w^™ Ih"
From
the Cypress
Hdl extension
Fromother sources
.
"At the present time the American Union Company owns
12,000 miles of wire in the United States between Boston and
Omaha, connecting all the principal cities of the north and
west, all of which has been erected since last May. Nothing
but first-class material has l)een used in any direction, and it is
believed that the lines are better than any that have ever been
built.
Nearly 40,000 miles of wire have been purchased, half
of which has already been received and paid for, the average
price for the whole lot being 20 per cent less than the ruling
price to-day, and the same conditions apply to other material.
" In July last about $300,000 worth of stock, out of a capital of
$1,000,000 of the Dominion Telegraph Company of Canada,
was purchased by the American Union Companj', and in connection therewith a lease was taken of the lines and property
of the Dominion Company for a term of ninety-nine years.
This connection gives an additional 12,000 miles of wire to the
control of the American Union Company, and includes the contract of the Dominion Company for e.tcliange of business with
the Direct United States Cable Company, whose cable extends
from Tar Bay, Nova Scotia, to Ireland. The American Union
Company has, in addition, concluded a twenty years' contract
for exclusive exchange of business with Le Compagnie Francaise du Telegraph de Paris a New York, whose new cable was
landed on November 17, upon the shores of Cape Cod, near
North Eastham, Mass. This cable extends from Cape Cod to
St. Pierre, Miguelon, and from thence to Brest, France, from
which point a cable connects with Penzance, on Land's End,
England."
—
Atliintip, Mississippi & Ohio
In the United States Circuit
Court at Richmond, several orders were entered one to pay
Gen. Mahone, late President, $6,400, due him for .salary; one
directing commissioners to ascertain and report what amount
should be allowed the English bondholders for expenses, disbursements and fees in prosecuting the suit, and a similar direction with regard to the expenses of the Dutch bondholders.
The tiuestion of the sale of the road was not decided Jan. 13.
$231 •540
*
'*i'^i>!
Toi't^'
& New York Air Line. —At New Haven, Jan. 14,
New York & New Haven Railroad Company ratified unanimously the lease of the Boston & New York
Boston
Air Line Railroad.
Central (.'«orgia.— By the terms of the contract with the
Nashville k Chattanooga Company the latter guarantees six per
cent for first seven years on stock and seven per cent afterward,
assuming
all its liabilities.
&
—
Deadwond Mining Company The stock has been placed on
New York Stock Exchange list. The capital stock is $10,000,000, divided into $100 shares. The company was incorporated
under the laws of California on October 4, 1878. The property
is located in Whitewood Mining District, Lawrence County,
the
Dakota Territory, consisting of the north segregated 1,000 feet of
the Golden Terra lode, and the north segregated 500 feet of the
Ophir lode. The financial balance on November 1. 1879, was
$181,120. The average monthly bullion product has been $37,817, and the average monthly expenses $10,236, leaving an
average monthlv profit ot $27,581. The officers are: President,
Joseph Clark; Vice-President, J. B. Haggin; Secretary, J. K.
Goodrich; and Assistant Secretary, H. B. Parsons.
Deiiyer South Park & Pacific —The Denver Times reports
that at the annual election directors were unanimously chosen
John Evans, 'W. S. Cheesman, J. Sidney Brown,
as follows
D. H. Moffat, Jr., J. W. Smith, Jay Gould, Russell Sage, C. "W.
Fisher, and C. B. Kountze.
" The first mortgage bonds of this company
The limea saj^s
are now selling in New York at 104 and acrued interest, and as
these bonds are only issued to the amount of $12,000 per mile
on the road and equipment, which has cost much more than
that amount in cash, and as the local earnings of the road are
sufficient to pay much more than the interest, there is no doubt
that this price will advance rather than decrease or even remain
stationary. The sentiment of the stockholders and directors
:
PAYMENTS.
ISJS^rt':^.".'*."::
For dividend*
'.'.'.'.'.'.'.'
*208,726
"0-341
:
OlSNERAL INVESTMENT NEWS.
i^niri
acnbed
m
•
fo"ettling the riot claims, has all
been suband its neighborhood, and the amount L
to
TvA' K •
Pitt-tburg
—
capital stock paid in, is $1,000,000, divided into 5*100 shares.
The property consists of 1,580 acres of bituminous coal land in
fee, located in Somerset County, Pa., an inclined plane and short
railroad connecting the mines with the Salisbury Railroad,
which connects with the Pittsburg division of the Baltimore
Ohio Railroad. The company has carried on mining operations
during the past four or five years, producing from 40,000 to
to 80,000 tons per annum. The" officers are as follows; President,
Alexander Shaw, of Baltimore; Vice-President, A. Chamberlain,
of Myersdale, Pa., and Secretary, C. M. Holt.
'
"
Exchange
$200,000
197 7QQ
471*770
$208,393
10 960
PAYMENTS.
For transportation
American
Cnmherland & Klk Lick Coal Company.— The capital stock
has been admitted to the New York Stock Exchange list. "The
EECErPTS.
From piwsengers
From other som-ces
Tole^raph.—The
280000
BROOKLYN CROSS-TOWN.
t'>Pi'*'
Funded and
Union
reports that at the conferences held in Philadelphia between
the president and vice-president of the American Union Telegrapn Company and the officers of the Pennsylvania Railroad
Company, all of the details of the contract "between the two
companies were agreed upon and it only lacks formal signatures to take effect. By the contract the American Union
Telegraph Company acquires the privilege (not e.\clu8ive) of
using the right of way, wires, poles, buildings and other telegraphic facilities of the Pennsylvania Hailroad for a long period
of years. The lines of the American Union Telegraph Company
are said to be in a condition ready for immediate operation,
and a formal opening to the public will probably take place
next week.
the stockholders of the
CITY,
Paid capital
Funded and floating debt
Prom passengers
From other sources
XXX,
be increased as additional claims are compromised. The Pullman Palace Car Company, which has a riot claim for about
$80,000, has agreed to settle for $55,000 cash.
American
Altoratliai nf dc|M>t
[Vol.
I
January
17, T:80.
THE
|
was unanimous for thu vigorous prosecution of the work to
Leadvillp, and a resolution was unanimously adopted approving
the (Xjntiacts for extending the road to the Gunnison."
stated that the sale of oneI Petroit Hillsilale & S. W.— It is
half of the capital stock of the Detroit Hillsdale & Southwestern Railroad was completed recently in Uoston. The stock
has been purchased by parties who have in view an extension
of the road, and the ultimate formation of a new through line
from Detroit to Chicago.
Elizabeth City, N. J.— A mandamus was asked for to compel
the City Council to levy a tax and the Board of Assessment to
assess and collect an amount sufficient to pay the amount of a
judcrinent for f4,5t).5 interest due on certain Ixinds of this city
held by the estate of Robert (ioelet et als. The U. S. Court at
Trenton, N. J., decided that an alternative mandamus should
be issued to the Council commanding them to raise the requisite
amount or to show cause before said C6urt on the fourth Tues-
day
of
March
67
(JHIIONICLK.
next.
-B()
Ohio & Mississippi.—The Ueueiver of the Obio & Miasiasippt
Company has asked perraijsion of the Court to plijr two eot^p<»8'
on the second mortgage bonds.
Penii'ylyania nallrnail,— The claim of the Pennsylvania
Railroad Comiiany against the county of Alleghany f<jr " the
riot losses"— $1,600,000— has been settled.
The Pennsylvania
road lost some $3,000,000 in consequence of the Pittsburg riots,
but agreed to compromise for $1,600,000, if this amount wag
paid to them within sixty days. This will be done from prxieeds
of sale of bonds.
Piltsbnrg Tilusviile Se Bu«rjlo.-To the stockholders a
proposition has been submitted by the President, as follows:
The Pittsburg Chautauqua Lake & Buffalo Railway Company (running from Brocton to Corry, Pa., where it connects with the Lake Shore), offers the Titusville $125,000 in
in cash to take their (P. C. L. & C.) road and merge it into the
Pittsburg Titusville & Buffalo. The Pitt.sburg Titusville &
Buffalo to issue 30,000 shares of stock and assume control of
Pittsburg Chautauqua Lake & Buffalo Railway, kr. Jones
said that by accepting this proposition he would be able to pay
off the entire issue of income bonds, scrip for back interest, the
maturing <;'onpons of the road, and leave with him a cash balance of ^50,000, whieh could be expended for improving the
road bed or for purchasing additional cars. The stockholders
will probably accept the proposition.
Indianapolis Decatur & Si'vinsllcJil.—The first and second
mortgage bonds have been placed on the New Vork Stock
Exchange list. This companv is successor to the Indiana &
Illinois Central Railroad, the firsts are for 11,800,000, with
$1,500,000 issued and the limit fixed by resolution at that sum,
maturing in li)Ot>, bearing 7 per cent interest; the seconds are
$2,850,000 in amount, convertible into stock after .January 1,
1885, with the first ten coupons payable only out of net earnKailroad Constrnclion in 1379.—The It lilroid Oazilte given
ings, but to be paid in scrip if net earnings are insufficient, and
statement of railroad construction, from which
have thirty years to run. The stock, of which very little is its usual annual
we extract the summary below. The figures of the Ouzette
issued, is $500,000. The road extends from Decatur, 111., to
are given in detail, by States, accompanied by an article of
Indianapolis, 152 miles. The capital stock is $500,000, in $50
" We present this week
some length, whieh opens as follows
shares.
a detailed record of the new railroad constructed in the United
Jersey City Finances. -The Comptroller's statement contains States in 1879. from which it appears that the total of the year
the following
was 4,430 miles, which is the largest since 1872, and has been
Taxesof 1879
BECAriTDLATION OF DKHT.
$1,205,370 exceeded only four times in the history of the country the
four years ending with 1872. For the eight years that we
General account, doht. $5,522,030
$3,165,331 have made up this record, which inclndes road on which track
Asscdwincnt jtec't.debt.
6.117,050 L«^ss amount deducted
was laid during the year, whether opened for traffic or not, and
Water accomit, debt... 4.788,000
by Coiiiuiissionert* of
differs materially from the figures in Poor's Manual (which
Tcmpoiaiy loan, debt.
380,000
Appeals tor the years
1873 to 1878, iuusually include only road open for busine-ss', the miles of new
clnsivo
$16,80S,000
$100,131 road constructed have been
fund bo'd.s,
Amount for
esti:
—
Less sinking
iucludtd above
$15,738,435
Total
15.000
niiited
Also amount due State
aud Couuty, as col-
782,105
lected
AMOUNT OF TAXES UNPAID
DEC.
1,
Balance
1879.
Taxes of 1874 and
pre-
vious
Taxes
of
:
1879,
1,00!), 505
•
1375
Taxe8ofl876
$508,400
198,120
294,510
Taxesof 1877
Taxeaof 1878
$2,268,145
Interest due on 95 per
of
past-due
cent
taxes, estimated at 7
per cent per annum..
335,000
40!(,128
489,811
$2,603,113
AMOUNT OF ASSESSMENTS DUE AND trNPAID.
For Street Improvemeuts
$2,262,202
For Sewers
781,930
- $3,044,132
Interest duo on 60 per cent assessments past due, estimated
at 7 per cent per annum
649,116
Year.
Miles.
Year.
Mi lea.
1872
1873
1874
1875
7,340
3,883
2,025
1876
1877
1878
1879
2,460
1,561
Compared with 1878, therefore, last year shows an increase
of more than 50 per cent. At the close of 1878, according to
Poor's Manual, the length of railroad in the country was 81,841 miles. Adding the mileage constructed in 1879, we have
the grand total of 86,263 miles of railroad in the United States
at the beginning of the current year, when the total of all
Europe is about 100,000 miles, and of all the rest of the world
probably not 20,000 miles."
The summary of miles
past eight years
is
He
estimates the
amount of these
taxes
and assessments
col-
Little Pittsburg Mininsir Co.— The general manager in his
report of operations for the year ended December 31, 1879
covering only eight months actual operation— gives the follow-
ing figures
Ore receipts
Total ex poiises and charges
Divideuds paid
Eeal estate purchased
Surplus
$1,346,006
$306,370
850.000
20,000
$1,182,370
$164,236
To the surplus should be added about
$40,000 due for ore
delivered and unsettled for during the year. There were 23,tons
of
ore
produced
from
which
187
a bullion product of
$1,800,000 is estimated.
Macon & Brunswick.— This road was leased Jan. 13 to J. M.
Cowper for a company of capitalists, headed by Chaun-
New York, for $194,000 per year, with privilege of purchase. Before the bidding, notice was given of a
$600,000 claim of second mortgage bonds against the road.
cey Vibbard of
Missonri Kansas &, Texas.— The Denison & Pacific Railroad
and the Denison & Southeastern Railroad, says the St. Louis
Republican, have been purchased by stockholders and bondholders of the Missouri Kansas & Texas Road. The two roads
will consolidate and be hereafter known as the Missouri Kansas
& Texas Railway
Extension.
1872.
:
198
Middle States. 1,010
244
500
So. All. States
CJult States...
.South Interior
1874.
1875.
1876.
282
129
.•i41
387
144
114
437
32
34
39
166
357
202
180
50
259
114
398
197
393
550
154
345
1873.
New England.
201
394
404
452
138
North Interior.l.210
Northwest
3,080
Far West Int'r 180
I'aci tic States..
317
1,130
49
400
509
2Z4
135
122
147
7,340
3,883
2,025
Total
W.ib
1,561
2,460
H77.
1878.
1879.
119
41
42
352
344
137
92
116
149
213
218
243
70
64
280
349
370
442
670 1.254 2,181
162
357
682
288
152
73
2.315
2.916
4,430
St. Lonls City.—The city has disposed of $100,000 in five per
cent city bonds at a premium of $1 25 per $1,000, and $375,000
in bonds were sold at $1,001 30 per bond.
—
The Kansas extension made
St. Lonls & San Francisco.
connection January 12 with the Atchison Topeka & Santa Fe
road, at Severy, Kan. Permanent connection with the latter
mad will be made at Emporia, Kan., in a short time, when St.
Louis will have another through line to Colorado and New
Mexico.
St. Lonls Vaudalia & Terre Haute.— The report of this railroad for the year 1878-9 shows the earnings to have been
$1,254,641, an increase of $185,200, or 17>6 per cent. The rental
receivable by the company from these earnings and other income amounts to $3i3,518. Against this was charged interest
on bonds, $315,930, and taxes and general expenses, $36,397.
Total charges, $352,327, leaving a surplus of $21,251.
Panl Minneapolis & Manitoba.—The gross earnings for
months ending December 31, 1879, were: July, $239,309 ;
Jit.
six
N. T. Lake Erie & Western.— Judge Pratt, in the Supreme
Court, Brooklyn, granted a judgment for $54,871 in the suit of
the Chemung Railroad Company against the Erie Railway
Company, 'fne action was to recover rent due and interest
upon a lease of the plaintiff's road to the defendant.
built in each section of country in the
as follows
RECAPITULATION BT SECTIONS
$3,093,248
lectible at 15,078.741.
2,301
2,916
4,430
August, $186,489
;
September, $225,054
;
October, $306,330
;
December, $176,067. Total, $1,362,179
November, $228,929
expenses, 47 per cent, $640,224
net, $721,955.
;
;
—
Lonis & Pad He. The traffic agreement between
this company and Mr, William H. Vanderbilt provides for an
Northern Pad He.—The Northern Pacific Company, in ex- increase in the number of through freight line cars operated
tending its lines beyond the Mis-souri, has laid sixty miles of over the consolidated Wabash and the New York Central, the
track the past season, graded 140 miles of roadway, and has Lake Shore, the Canada Southern, and the Boston, Hoosac
provided for the completion of the line to the Yellowstone by Tunnel & Western Railroads to 6,000, which will be tributary
the 1st of September next. During the eleven months ending to Toledo and the Wabash road, the New York Central receivwith November the land department sold 133,740 acres of land, ing the benefit of the traflic brought by them from tli«
making the total sales to that date 2,241,961 awes.
Wabash.
Wabash
St.
IBE CHRONICLE.
68
jghe <([)ommtvcml ^imjes.
IG, 1880.
dull, so far as relates
week have been
operators for a
to regular trade; and in speculative circles, the
upon
decline have been encouraged to make a sharp assault
which have accumulated
Talues, e.speoially
are
in such vast stocks, that holders, with winter wearing away
becoming anxious to reduce. The weather has been more
The money market shows
wintrj-, but not at all severe.
of wheat and
lard,
increasing ease.
The provision market has
,.
Friday, P. M., January 16, 1880.
Crop, as indicated by our telegraib*
from the South to-night, is given below. For the week ending
this evening (Jan. 16), the total receipts have reached 129,4€9*
bales, against 149,486 bales last week, 154,306 bales the previous
week, and 207,601 bales three weeks since, making the total
Teb Moyembnt op TEK
Fridat NioiiT. January
past
OOTTON.
I
COMMERCIAL EPITOME.
The market* the
.
receipts since the 1st of September, 1879, 3,445,830 bales, against
2,953,995 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 491,835 bales. The detaUs of th»
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
Receipts this w'k at
1880.
New
Orleans
Mobile
Charleston
Port Koyal, Ac.
40,700
25,16i
12,741
10.639
15,240
14,702
266
809
Bavannah
18,154
8,887
19,576
11,251
•
,
,
shown very marked decUnes during
the past week, in sympathy with the Western advices and a
general lack of confidence in the speculative situation. To-day
a somewhat steadier tone was noticeable and quite a heavy
movement in lard reported at 7-92>2@7-95c. for prime Western
on the spot and 8c. for choice ; old, for February, was sold at
7-87 )6c., and new 7-95c.; March, new, 8-07)^@8-05c.; April, new,
refined to the
8-17>6@8-15c.; seller year, 7-92>6('J>7-87)^c.;
Continent was quoted at 8-30c. Pork sold on the spot at $12 60@
45@
f 12 75 for old mess new, for February, was quoted at $13more
Bacon was
$13 55, and do. for March, $13 55@$13 65.
active at a decline to 7'25@7'30c. for long clear and T)^e. for
,
;
half and half.
the
The latest advices (Jan. 7) in reference to hog packing
West state the number of hogs packed at all points since Nov.
1 at 4,319,689, against 4,101,628 the previous week, and 4,901,205
this time last sea-son. The following is a comparative summary
of aggregate exports, from Nov. 1 to Jan. 10:
m
73,441,620
1878-79.
17,379,000
167,705,331
78,934,783
247,849,605
264,019,114
1879-80.
Pork. .
Bacou..
....lbs.
l,ard...
lbs.
16,037,900
....llw.158,370,985
Total
Increase
Decrease.
1,342,000
9,334,340
5,493.163
16,169,509
Total this
3,324
15,'252
21,5.53
Stock Jan. 15, 1879
13,426
Boxes.
Jan.
clined to 43}^ @44c.;
France.
IG. Britain.
Charl't'n
1,520
York.
NorfolkN.
Other*..
tills
Bame
Week
Week.
1879.
Total
Continent.
422
628
115,015
142,071
959-
13,311
13,285
454
13,563.
136
902
3,953
13,427
2,97«
14,029
STOCK.
1880.
1879.
1,021
72,468
3,463
10,219
1,210
4,068
3,951
7,980
3,361
39,021 289,119 362,47.3
5,749 72,872 57,773
10,208 62,131. 58,90e
21,919 80.554 79,592
15,394 78,090 98,151
4,751 212,626 128,386
10,766 40,974 15,8555,7*1 59,000 33,000
24,332
106,723
113,572 895,366 834,136
9,722
2,100
7,199
1,210
1,917
10.391
1,363
1,200
2,121
3,121
7,980
2,340
Galv't'n-
833
Tot. this
week..
12,951
69,437
Tot.einoe
1294,027 180,362 441,071 1915,460 1678,252
1.
The exports thia week under the head of " other ports'" include, from
Sept.
*
Balti-
from Sostoo, 368
more, 1,219 bales to Liverpool and 1.021 bales to Continent
bales to Liverpool and from Wilmington, 753 bales to Liverpool.
;
:
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 6,849 bales, while the stocks to-night
are 61,230 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
We
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale &
Lambert. 60 Beaver street
On Shipboard, not cleared— for
Leaving
Jan. 16, AT-
Liverpool,
NewOrleans
.31,354
Mobile
Charleston
15,800
2,185
10,000
16,708
Savannah
Galveston
New York
Other porta
common
65.
153,727
Savan'h-
Kefined has receded to 9)^c. for standard "A," and 10c. for
crushed and powdered, with a slow trade at times, though
there has latterly been more activity.
In naval stores little of importance has occurred; the whole
market has been dull, and spirits turpentine has gradually de-
quoted at $1 60@$1
Great
52,355
"
1,331
9,457
5,362
113,613
10,62*
3,445,830 2,953,995 2,794,496 2,893,368 2,782,716
1.'
N. Orl'ue
Mobile..
Baes. Melado,
137,317
181,837
95
620,008
8
327,203
1,680
115
1,991
129,489
BXPORTED TO—
Week
endlns
quoted 7%@8c., and centrifugal 8%@8%c.
,
..
55,68515,655-
for the week ending this evening reach a total of
106,723 bales, of which 69,437 were to Great Britain, 13,954 to
France, and 24,33'3 to rest of the Continent while the stocks as
made up this evening are now 895,300 bales. Below are thfr
stocks and exports for the week, and also for the corresponding
week of last season.
;
.
week
26,726
13.849
11,097
31
17,618
15,137
275
12,344
The exports
cases 1878 crop, Pennsvlvania,12@20c. ; 1,500 eases 1879 crop,
Wisconsin (Havana seed', private terras 150 cases 1878 crop,
Connecticut seconds, 10^@llc.; 350 cases 1878 crop, sundries,
10@15c.; 150 cases 1877-8 crop, sundries, 12@16c.
liio coffee has been dull and depressed, notwithstanding
some advance in Rio Janeiro, a large stock here being a more
potent influence ; fair cargoes at the close are quoted at
15?4c. Mild coffee has been less active, but still a fair business
hais been done at about steady prices ; good Cucuta Mariicaibo
is quoted at 16>6c. still, and Laguayra 14@15^c.
Rice has
been active and higher, sales of Carolina being made at 7@
7Mc. New Orleans molasses has been in fair demand at strong
prices, and foreign stock has also sold fairly at firm quotaAt the close there is a fair supply of New Orleans here,
tions.
but comparatively little foreign ; old crop, 50-test, is quoted at
30@32c., and New Orleans 40@02c. Raw sugar has been moderately active at firm prices ; fair to good refining may be
8»lc«»iiioe Jan. 1, 1880
8M)«k.lan. 14, 1880
506
3,144
10,703
2,755
364
9,398
12,512
Total since Sept.
:
_
Beceipts since Jan. 1, 1880
696
,
106
21,239
1876.
1877.
1878.
1,558
lodlanola, dec
TenncBsee, &o. .
Florida
Murtli Carolina.
Norfolk
aty Point, &o..
1879.
63,620
19,427
9,444
2,629
1 6,981
10,245
135
10,678
893
2,484
14,739
2,449
Qalvcaton
Beef was in better demand at $11@$11 50 for extra mess.
Bntter and cheese are rather quiet, but on the whole steady
prices rule. Tallow is quiet at 6%e.
The market has remained very quiet for Kentuckjr tobacco,
and the sales for the week are onl^ 300 hhds., of which 250 for
export and ,50 for home consumption. Prices, however, remain
Lugs quoted at 3/^@
very firm, if not a fraction higher.
6/^c., and leaf 6@13c. Spanish tobacco is more active, and the
sales for the week include 1,200 bales Havana at 80c @$1 10.
There is also a much more liberal movement of domestic seed
leaf, and sales for the week are 3,005 cases, as follows
855
Hhds.
Vol. XiX.
to good strained rosins are still
Petroleum has also been very quiet
,
France.
27,082
2,100
1,050
1,300
None.
Other CoastForeign wise.
15,376
7,200
14,325
21,100
3,647
300
250
600
8,000
None.
1,000
5,401
2,400
250
3,100
1,155
None.
5,000
Total.
Stock.
82,213
27,500
17,810
33,800
21,510
206,90C
45,372
44,321
44,754
56,580
211,32S
85,974
•1,300
14,000
87,347 31,782 63,548 17,308 200.133 695,23:t
Total
Included in this amount there are 100 bales at presses for foreign ports
the destination of which we cannot learn.
I
*
and quite irregular, closing with refined, in bbls., offered at
7%@8e. for early delivery. United Certificates, after a fair
The following is our usual table showing the movement of
cotton at all the ports from Sept. 1 to Jan. 9, the latest mail dates
speculation, close at $1 08!^ bid and $1 08% asked.
Metals of
all descriptions have been rapidly advancing under
a remarkable activity; No. 1 American pig iron is now held
at $40;
ifcotch at $33; steel rails at the mills
$80; Iron do
2*ij-"ft''"
$b0(8$b2; old iron do. $41 50@$43; pig tin 23^@24e. for
straits;
RECEIPTS SINCB
SEPT.
Posts.
1879.
««??«' J^as been advanced,
"°l^'"«m^TK"'T''*,^*^''-,>^°'
with
800,000 lbs. Lake sold at 21?4@21%c. cash, and
^Mc. for future delivery. Clover seed has declined to 22^@
8@9c
888,043
260,671
Char'n'* 374,329
Sav'h.. 566,007
352,400
Qalv.*
N.York
97,988
11,331
Florida
85.732
N. Car.
Norf'k* 518,760
Other.. 161,080
R.Orlns
Mobile.
*' ^^ 1^®$^ !'>' and the sales of alcohol in. •'r''r^Z."v.*i,?"?'
clude
500 bbls. for export, at 38c. in bo-nd.
Ocean freight room has continued very unsettled
in the
matter of rates, and very quiet as regards the
general movement. Late engagements and charters include
grain to Liverpool by ste^m, a%d 60 lbs.; provisions 20s.@25s.;
cotton 5-32
?a«^ flour 15s.@17s. 6d.; grain to London,
by
T'^^-'^iLY^'
steam, 4?^d.; gram to Leith, by steam, 6d.;
do. to Cork fo^
orders, 48. per qr.; do. to east coa.st of
Ireland, 3s. 9d.; do. to
the Contment, 48 6d. To-day, berth room
was irregular and
charters nnchanged; grain to Liverpool, by
steam, 3%^. 60 lbs
to
^. London, by steam, 4d.; do. to Cork for oklers, quot^
48. bid and 4fl. 3d. asked. Crude petroleum to
DnnkiA 3s 3d
:
1878.
SEPT. 1 TO
Stock.
Britain.
France. Foreign
638,689 381,951 109,647 105,727
227,816
3,316
27,973
393,563
9,156 93.985
99,787
532,777 131,099
8,601 143,791
396,580 118,176 19,764 20,150
74,988 188,673 16,621 32,261
37,682
5,839
98,747
21,915
2,160
....
359,275 139,051
12,223
80,235 115,965
Total.
597.325 324,287
31,289 71,818
203,228 64,192
283,191 71,163
158,.390 75,428
237,558 193,361
27.751
141,511
128,188
8,822
51,653
47,000
1224,590j 167,408 4l6,739'l308,737 907,724
rhlayr. 3316,341
Last y( ar
EXPORTED SINCE
1.
2840,382
914,2011197,560 452,919 1564,680|859,684
;
*
Cliarteaton is included Port R^yal, Ac.; under the head of
is included Indianola, dtc: under the head of Horfotk is included Citr
Under the head of
eatvulon
Point, 4c.
January
THE
I'SO]
17,
(.^HRONJ(!LK
There Las been less depression in the cotton market during
the past week, and yet a feverish and unsettled tone has pre-
The statistical position caused, on Monday afternoon
and Tuesday afternoon, a demand to cover contracts, which
carried np prices, especially for spiots and for January delivvailed.
the latter selling at one time as high as February-.
Much irregularity followed, prices varying widely, but the
later months gradually regained their position as regards tlio
early deliveries. The wide range, however, is caiwing a rapid
accumulation of stocks at this point against .sales for the
spring months, there being a handsome profit in carrying
cotton at the difference in values. Yesterday there was a disposition to narrow the range, b^ purchasing the early raontlis
and selling the later; and while January was 11 points and
February 8 points higher, July and August were only 5 points
higher at the close. To-day, the close was at some decline, under
the comparatively free receipts at interior towns of th(! South.
The total sales for forward delivery for the week are 712,300
bales, including
free on board.
For immediate delivery the
BOO
—
UPLANDS.
Iflon Toes
Jiiu. 10 to
JlUI. lu.
Sat.
Ordlu'y.yib
{
im
Ordln'y.fini Ills
Illia
Strict Ord. ll>2
iiij
Good Ord,. 1115,8 1115|8'1!15,
Str. O'd Old l'-i-'l8 123,8 123,8
iim
800
100
100
400
1,000
...lH-7.i
I),««0
..
1S-7B
X:::
l,!»0
1. 100
...1BT7
...IS7S
»00...
000...
1,1100
13-7a
13-80
13-S3
13-S4
ii,S00...
Good Ordinary
Good Ordinary
Wed
im
1158
ll-'ifl
119l«
11
121,6
125,6
12=8
12^ 121318
1215,6 13
133,6 1314
1214
12«,8
1158
121,8
1214
12»18
12%
]^
12%
121.,,
I2I5„ 1215,c
laiji
133,6
137,8
133,8
137^8
1411;.
1411,614%
W^ed Th.
Prl.
1114
ll-'s
Frl
III4
III4
It's
1158
121 18 121,6
125,6 125,8
1258
1268
1114
1168
121l8
125,6
WeA
mCon Xttes
I
1078
ll^s
1158
Ili5,8 ll"-5l,
Il238
1238
Xh.
Frl.
11016,6 1016,8 1016,61016,8
Il"l8 11.1,6 l,l"l8Ulll6
12
127,,
il27i8
l'-"l8 Il27,8
8ALK8.
ul't'n
334
341
425
12o
342
i
Thurs'Xoniiual
Frl. .DaU
1071
210
e'oo
Total
641' 1.6.58
680
sit.
DeUv-
Sales.
eries.
134.000
422 91.100
322 102,800
810 96,200
32,5
80
21.1
2,300
1,100
1,000
l.-iOO
12,300 8,800
The daily deliveries given above are actually delivered the day previous to that on which they are reported.
For forward delivery the sales have reached during the week
712,300 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
o„,„-.
^.
«_.__
For January.
Bales.'
Bales.
ct,-.
Cts. Bales.
eta
!
2,97i)
.
100
100
100
CtK.
1,500
....12-67
....12-8S
SOfl
ja-»i
3,400.... ... .12-lK
....l'J-72
3.100
12-03
....12-73
....12-74
....ri-75
4,5110
12D1
13.-i00.,..
3,B00
7,aix)
12-95
....12-96
17,200.,..
14.200....
....i'.;-78
3,300
1-2-97
.12-S2
.l^-84
8.a.l.')thl2
88
12-88
4,200
12-00
5,200.
200i.n.l2ilil2-»l
12-1)1
200
200«.n,17thl2-B2
100
la-U2
400
12-1)3
100
12-H4
,
I
I
12-U5
12-1)6
8.11. 15111 12-lKl
1,400
200
'
100..
1301
For Fehrnary.
1.600
1.900
1,100
1.200
400
800
1,S00
0,100
4,»U0
8,600.
700
700
12-75
12- ;6
12-77
12 7-!
12-79
12-80
12-82
12-83
12-84
12-85
12-6
1305
18-(6
13-07
13-08
I
For
S(,900
1309
1310
1,000
13-11
UOO
800
,3-12
1,800.
BOO
1,000. ..
1.100. ..
2.100....
1301
1,600
1303
900
13-04
13-03
2,0J0
5.N00
2,900
1306
....
....13-:l2
....
is-ai
....13-34
....ia-35
...I3-,t6
2,>'00 .... ....l.S-37
13-07
1308
130)
5,200
....13-3H
4.800. .., ....13-39
5.700.,.
....13-40
13-11
....13-41
6,400
..,1312
....13-42
4,600
W-IS 8,500
....13-43
13-14
4.500
....13-44
....13-45
1315 9.000
13-46
1316 11,800
13-171 12.600
....13-47
13-18
....13-48
7,900
13-19
4.101. ... ....13-49
l.S-10
1.900.
I.OOO
11,600
10.500
9,900
I
1
4.800....
12-87
S.400
12-88
.».700
12-HO
• No notice till the 15th.
1,800....
1324
1.102
13-00
1,800
7,800
5,900
10,900
14,600
10,800
13-22
:3-23
13-a5
...
1
13-20
1
l.S-211
..
13-22
8.100
1,700
4,500
Sold Saturday.
....13 50
....13-61
....13-82
1.3-39
13-40
13-41
13-12
13-44
13-45
13-46
13-47
2,800,...
600....
600.,..
600....
800....
1320
1321
.
S,?00
8,900
4,700
1,600
3,100
1,000
1,600
5.000
April.
8,900
«,nm..
....13-27
6.500
...,l.S-28
1,300
....i.3-a9
500. .., ....13-,-OT
2,200
....1.3-31
131,000
12,100.
10.900
5,.S00....
400
_
For May.
..,.13-34
13-32
268,600
4,200
4.800
2,300
1,900
4,700
3,300
160,700
....1333
13.41
13-53
13-54
1,900....
1.800. ..
1,100....
1,100.,..
TOO....
100....
too....
7,900....
. .
1,100
1.800
For March.
l00a.ii.lJitar<!U8
Il.OUO
7.1100
10,900
13-23
13-24
13-25
13-26
13-27
13-28
13-29
13-30
4,400.,..
5,000....
'
12-»a
12-Br
400
12-1(8
300
1-2P9
100 s.n '.IthlSOO
600
13-00
13-03
13-04
7,ft00
200B.n.I4t111'.i-»5
600
•800
200
12.'I00.
4,000....
12-B8
3.»0». ... ....12-99
3,8
....1300
13-01
8,400
18-02
3,500
....12S3
It-H5
500
12-UO
B.800....
10,900. ..
15,800....
14.900....
..
200...
700...
.
13-49
13-60
13-51
18-52
I3-.W
13 54
13-55
1,100...
600
...
I.IOO...
7,m)....
1356
13-57
....13-58
13-59
13-80
....
3.000....
4,.50«. ..
5.5IX).,..
13-ni
13 02
3.000....
2.000. .. .
5.400.....
i.soo!....
1.3-63
13-64
13-65
13-66
..
3.000
1.S-H7
1.00))
1.500
7,100
1,900.
...
.13-6S
1.3-69
13-71
13-72
13-73
80,2«0
For Jnne.
400
900
woo
200
400
800...
aoo....
800....
8U0.. .
800....
800....
too....
400..
.
laift
... 13-113
20iJ
14-0-i
...14-03
...1404
14-00
100
..
um
SOO..
<00
14-10
H-00
1,200
800
U-ll
aou
...14-07
For September
13-78
13 ;»
200
I'W
,12-sa
12-40
12-40
12-41>
12-riO
..
.
12-8S
.12-54
.12-58
lv-58
12-87
1"<>
12^18
100
w-eo
4,700
1380
200.
13-20
..
I
•
r
i
and the closing bid and asked,
the past week.
at 3 o'clock P. M.,
For Day.
ffiuft.
Closing,
Lo*o.
BUI.
Am
12-90-1 2-78 12-75
'*
s.n. 12-91Feb'ry 1310-1 2-88 12-87
March 13-.35-13-12 1312
Api-il... 13-54-13-34(13-33
May ... 13-73-13 52'l3-5]
Jan'ry
.
Closed
Fuiureii
8.n.
12-94
13-14
13-33
13-52
13-68
13-78
13-88
A»k
— - 12-40-12-38 —
95 13-11-12-90 12-94 95
15 13-30-13-13]ia-17i8
34 3-18-13-31 13-37 38
53
1356 57
1,3-07-13-51
70!l3-3()-13-70;i3-71
80il3-90-i;j-88:i3-82
90 14-00-13-95, 13-92
Steady.
Firmer.
Firmer.
Closing.
For Day.
73
S4
94
— —
— —
—13-40-13-381
12-56-12541
12-90
12-90
FrldajrLower.
Closing.
For Day.
I
Closing
Aih High. Low. Bill. Asl An.rA. Low. Bid. A»k
12-97-12-82 12-90 91 12-99-1290 13-01
13-01-12-92 12-84 86
—
Bid.
—
-12-88
12-93-
13-07-12-94 13-00«1 1308-12-98 13-08
13-29-1314 13-23 24 13-30-13-20 13-30
13-49-13-34
13-6713-.54
13-83-13-70
July.., 13-95-13-81
August 14-03-13-97
.
12-91-12-75
13-14-13-00
13-32-13-20
13-51-13-39
13-65-13-54
13-74-13-67
13-86-13-76
Strong.
April..
yiixy
Bid.
Tbnrsdaj'.
Eia\. Low.
"
CloMng.
md. Ask Utah. Low.
Ijcnc.
Heavy.
For Day.
Feb'ry
For Daj.
Wednesdajr.
Market,
Jan'ry
Higher.
Closing.
13-0012-90
88
13
35
53
June... 13-91-13-71 13-68 69
.Inly.,, 1400-13-87 13-79 80
August, 14-11-13-93 13-90 91
Sept'br.
High.
Tueadar-
77 12-75-12-67 12-85 87 13-00-12-83 12-86 88
—
October 12-58-12-45I
Tr. ord.
12-80
For Day.
on each day in
.
13-43
13 62
13-78
13-89
13-99
44 13-.50-13-39 13-50
63 13-68-13-58 13-68
80 13-85-13-75 13-84
91 13-95-13-86 13-94
•
14-02-13-04 1404
13-33-13-20
Closed
« 11-01
—
70
86
96
06
12-57-12-.50|
12U0-12-5a
1305
Woalc.
_ _
_
13-1212-94 12-94 95
13-35-13-17 13 17 18
13-54-13-36ll3-38
13-72-13-55il3-50 57
13-87-13-74 13-72 73
13-96-13-89 13-82 84
14-0.5-13-92 13-93 94
13-30-13-29
I'l
Strong.
90
Easy.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stocks are the (ignrec
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week's returns, and consequentlv
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Jan. 16), we add the item of
exports from the United States, including in it the exports of
Friday only.
1880.
1879.
1878.
1877.
etockat Liverpool
bales 501.000
421.000 392,000
049.000
Stock at London
47,323
49,250
19,000
,
41,250
Total Great Britain stock
Stock at Havre
i..
Stock at MarRcilles
Stock at Barcelona
Stock at HamouTK
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti'ntal ports.
548,323
54,970
1.324
13.654
1.700
1 2.202
32,232
1,225
3,800
473.250
109.250
2,500
7,000
8.250
34.500
28.750
411.000
148.500
4.000
42.000
7.000
.750
9.2.50
2.000
4,000
3.500
0,250
1
1
33.,500
21,500
690.250
160.750
3.00O
48.000
13.000
44,000
39.250
10,500
4.000
8,750
Total continental ports.
121,107
203,000
275,500
331.250
Total European stocks.. ..
India cotton afloat for Europe.
Amer'n cotton afloat for Eur'pe
Egyi>t,Brazll,&c.,aflt forE'r'pe
Stock in United States pons ..
Stock in U. S. interior ports. .
United Str tea exports to-day..
669,430
54.279
511,269
22,312
681,250
53,000
510,000
26,000
834.136
151.910
16,000
ti86,.500
1,021,500
54,500
630,000
77,000
896.315
26,547
21,000
.
Total visible supply
Of the above, the
totals of
89.5,366
208.208
10,000
54.000
726,000
28,000
855.281
141.968
23,000
2,376,864 2,272.302 2,517,749 2.826,862
American and other descrlpuoua are as
follows
A mcrlcan—
Liverpool stock
Coutinontal stocks
American
afloat for Eiu-ope
United States stock
United States interior stocks..
United States exports to-day..
363.000
80,000
511,269
895.366
208.208
16,000
.302,000
135,000
510,000
834,136
151,916
16,000
233,000
215.000
726,000
855,281
144,968
23,000
395,000
232,000
630,000
896,315
126,547
21,000
13-70
...
300
200
1.100
2,300.
For October.
.1S-M8
500
800
October 12-53-12-49 12-95
Total.
l.»«6
...l.'i-iiy
13-110
l.S-Bl
1,000
.13-40
The following exchanges have been made during the week
•» '^- "> "•=" "~ •"•"• '- j-- •• »•
:?i Id.- {;; ^^:
j^'aT fS''^^eS*The following will show the range of prices paid for futures
.Sept...
675 109,300
900
425 178,300 2,000
200;
200.
400.
1.100....
Tr. ord
Wealf
300.,
1,001)
13-CS
For AugaBt.
I
..13-88
800....
12,200
33,800
Juiio..
Spec- Tran-
.'Firm
400.
600.
100.
SOU.
BOO.
!3-()l
March
Tuea . |Steady, adv.of 1,6
Wed .! Quiet and tteauy
Bales
»00
.13-80
.18-8S
...
MO
...is-w
...11-00
400
..13-2V
100.
lH-93
..
500
500.
,
... l:l-ttS
13-r(7
I3-lli
701
ttnA
800
'
....law
13-W
.
13>4
131a
1316,, 13l4„ 14
131^18 14
1411, 14%
1158
121,8
12»,8
l'.ill«
125,8
CIX>8ED.
.
MO
la-H?
13-88
13-ss
IS-UO
11
12
I2I4
126,8
Til.
•'18
ll"in
12
im
III4
It's
113,8
11«,6
SALES OP SPOT AND TRANSIT.
.
100
SCO
200
200
Variable.
SPOT MARKET
Bat
200....
100...
2.000...,
1,400...,
18-S.1
13- (<a
8,000
3,800
.
nonday.
MAKKBT AND
Mon
KOO.
300.,
800...
Lower.
^ Tb-lw^
Middlicg
Middling. .....
(<00...
13-B8
13-71
13-72
18-73
13-74
11-81
13-K«
Satardajr.
Sat.
Low
600..
600...
.
Marl<et.
fl
Btrlct
800
,..
,13-Hi
...ia-84
.. .13-80
.. yjtfi
...I^^^S
..
100....
100, ..
100....
100. ...
1,100... .
100. ..
Futures
TEXAS.
IHon Tuea Sat. 3loa. Taea
121,8
125,8
Low MlddV
r^'o. ,11212
12-'8
12-'>8
1258
12-'5a
Btr.L'wMid 1211,6 1211, 1211,, 1213,8 1213,8 1213,8 1213,,. 1213,6 1213,8
Middling... 12^8' 1278" ,1278
13
13
13
13
13
Good Mid.. I3I8 13i« 1318 I314 1314 13 14 I3I4 I3I4 I3I4
Btr. O'd Mid 13^8
1338
13=8
1312
:3'2
131a
131a
131a
131a
MIdd'g Fair 13''« 1378 '1378 14
14
11
14
14
14
Fair
14=8
1458
14^^
14% 14% 14% 14% 14% 14%
STAINED.
.
IBalM,
eta.
200
Ivh;
.
NEW ORLEAN8.
11>8
11^18
Strict Orrt..
ll''l8 111a
11»16
Good Ord.
11'8
1115,8 13
12J8
Btr. G'd Ord
l-23,8 I214
Ix>w Mldd'c
121-2
12916
Btr.L'wMid 1258 1L'.'58 1211,8 1251
Utddline.. l'21"i« I2i:>i6 1278 1213,8
Good Mid .. 131,8 i;)i,8 1318 l3Si3
8tr. G'dMld la^ig 135,8 13-18
137,6
MIdd'g Fair 131:>i, 13i:)i8 1378
Fair
t»16 1458 1411
Tb. Frl.
400.
700.
...13-70
...38-71
...13-ra
...ia-;3
...13-74
!«,80O
Baloi.
Cm.
Bales.
.laoB
Sat.
Il'l6
Wed
For Jaly.
l:t(H
la-HS
l.uob
800.
<M0.
<>ries,
totaj sales foot up this week 2,979 bales, including 641 for export,
1,G.j8 for consumption, 680 for speculation, and
in transit.
(Jf
the above, aoO bales were to arrive. The following tables show
the official quotations and sales for each day of the past week:
69
eta.
Bsieii.
....
1.3-54
,...1.3-55
...
13-56
13(10
....13-61
..,,13-62
....13-63
Total American
East
2,073,843 1,949,052 2,197,249 2,300.862
Itidiatt, Bra:il, <te.—
Liverpool stock
l/ondon 8t<X'k
Continental stocks
India alloat for Europe
Egypt, Brazil, &o., afloat
Total East India,
Total American
&0
138,000
47,3-23
41.107
54,279
2-2,312
122,000
49.250
73,000
53,000
26,000
159,000
19.000
60.500
54.000
21^,000
254,000
41.250
99,250
54,500
77,000
526,000
320,500
303.021
.323,250
2,073.843 1,919,052 2,197,219 2,300,862
Total visible supply
2,376,864 2,272.302 2,517.749 2,826.863
PrioeMid.Upl., Liverpool....
SSsd.
6%d.
716*.
6>»ied
THE (CHRONICLE.
70
The above B(fure8 indicate an increase in the cotton in sight tonight of 104,5t53 bales as compared with the same date of 1879,
de:reate of 140,833 bales as compared with the corresponding
with 1877.
data of 1878. and a deereoM of 449%99S bales as compared
only
In the preceding visible snpply table we have heretofore
towns.
Included the interior stacks at ihe 7 original interior
As we did not have the record of the new interior towns for the
way.
four years, we could not make a comparison in any other
That difficulty no longer exists, and we therefore make the fol-
[Vol,
XXXI
1879-80 were 3,790,912 bales; in 1878-79 were 3,181,579 bales; in
1877-78 were 3,015,394 bales.
2. That although the receipts at the out ports the past week
were 129,4S9 bales, the actual movement from plantations was
132,013 bales, the balance being added to stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 93,202 bales, and for 1878 they were 1 54,814 bales.
Weather Reports by Telegraph. —The past week has
been unseasonably warm, with occasional showers in most of the
cot on section.
We have had showers on two days, the
Galveston. Texas.
lowing comparison, which includes the stocks at the 19 towns rainfall reaching twenty-three hundredths of an inch, but the
given weekly in our table of interior stocks instead of only the rest of the week has been pleasant. Owing to the unseasonably
warm weather all vegetation is budding. The thermometer has
We shall continue this double statement for a averaged
old 7 towns.
65, the highest point touched having been 75 and the
the
for
7
towns
the
19
substitute
simply
shall
time, but finally
lowest 47.
towns in the preceding
Amtriean—
Uverpool stock
bales
Oontliicntul stocks
Aincrlraii Rfluat to
United
Htiiti's
table.
Europe
Total American
Haul Indian, Brazil, lie.—
Llveipool stock
London stock
Contliiputnl stocks
India afloat for Europe
ic,
1S77.
363,000
80,000
395,000
232,000
630,000
890,315
214,057
21,000
352 3S3
16,000
2,218,018 2,030,372 2,289,661 2,388,372
138,000
47,323
41,107
54,279
22,312
afloat
122,000
49,250
73,000
_
„,,„„«
254,000
19,000
60,500
54,000
28,000
41.2.50
l!59,OO0
.^3,000
26,000
99.S50
54-500
77,000
Indianola, TVkm.— There has been a drizzle on one day, and
the weather has been warm. Averagd thermometer 63, highest
78 and lowest 48. The rainfall for the week is nine hundredths
of an inch.
have had a shower on one day and a
Corsiema, Texas.
killing frost on one night, but otherwise the weather during the
— We
pleasant.
The thermometer has ranged from 84
to 77, averaging 58.
The rainfall is forty-four hundredths of an
inch.
Dallas, Texas. There has been no rainfall during the week
just closed.
The thermometer has ranged from 84 to 77, averaging 58.
week has been
303,021
323,250 320,500 526,000
2,218,018 2,030,372 2,289,661 2,388,372
&c
Total East India,
Total American
1878.
233,000
215,000
726,000
855,281
237,330
23,000
895,306
Unlteil States intcrlurstocks..
United 8tat«8 exports to-day..
EfO-pt, Brazil,
1879.
302,000
135,000
510,000
834,136
233,236
16,000
.511. -269
'.
stock
1880.
—
2,521,039 2,353,622 2,610,161 2,914,372
Total visible supply
These figures indicate an increase in the cotton in sight to-night
of 167,417 bales as compared with the same date of 1879, a
deeretue of 89,122 bales as compared with the corresponding data
»f 1878, and a decrease of 393,333 bales as compared with 1877.
At thb Interior Ports the movement that is the receipts
tnd shipments for the week, and stocks to-night, and for the
—
week
corresponding
statement:
of 1879
—is set out in detail
in the following
—
Brenham, Texas.
Jan. 16,
Receipts Sliipm'ts
Augusta, Ga
Columbus, Ga
'80.1
Stock.
Week ending J.-vn.
4,015
2,573
J, 177
2,878
2,428
5,721
Kastiville,Temi..
2,990
2,628
11,059
1,368
18.114
21,835
7,723
15,359
15,451
115,515
14,211
Total, old ports.
29,873
25,045 208,208
19,682
Dallas, Texas. .
Jefferson, Tex.*..
Blireveport, La ..
Vioksburg, Miss.
Columbus, Miss..
3,115
Eufaula, Ala
1,665
3,850
2,320
824
688
22,129
13,591
5,737
11,675
12,033
77,058
9,093
20,331 151,916
667
550
3,586
400
800
323
650
1,703
3,450
2,105
2,227
4,254
3.580
2,846
7,0(12
2,937
2,732
17,636
6,524
4,923
3,872
3,364
12,150
6,515
2,092
72,043
10,870
700
4,8.^0
991
Ga
Atlanta, Ga
Borne, Ga
890
4,755
2,631
1,704
3,628
3,.^. 14
9,411
2,962
5,757
1,032
1,388
1,190
2,087
2,462
1,219
.
17, '79.
Beceipte Sliipm'ts Stock.
4,303
3,127
1,094
2,781
2,104
15,129
1,035
Macon, Ga
Montgomery, Ala
Bebua, Ala
Memphis, Tenn..
942
Griffin,
600
502
4,769
4,217
3,517
1,879
1,666
1,031
702
1,920
1,339
1,033
4,434
2,185
e48
763
539
3,001
3,732
7,131
o,r.9S
4.707
Charlotte, N. C.
Bt. Louis, Mo....
dncinnatl, O....
747
543
10,621
9,129
9.962
12,158
4,026
36,522
6,317
Total, new p'rts
39,654
41,358 144,175
19,102
32,804
81,320
Total, all
69,527
67,003 352,383
38,784
59,135 233,236
Estimated.
The above
totals
show that the old interior stocks have
week 4,228 bales, and are to-night 5C,292
same period last year. The receipts at the
increased during the
bales more than at the
ame
towns have been 10,191 bales more than the same week
last
year.
Receipts from the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
•week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following:
KECEIPTS FROM PLANTATIONS.
Weak
M<Un(—
BecetptB at the Ports. Stock at Inter'r Ports Rec'ptsfrom Plant 'na
18T;-78 1878-7B 1879-80 1877-78 1878-79 1879^0 1877-78 1878-79! 1879-80
Oet.
"
S....
10....
"
"
17....
81...,
"
Mot.
••
81...,
7...
14...
"
"
21...
S8...
J>te.
6...
"
18...
"
19...
"
89...
Jan.
8...
•'
9...
4
52,207 79,250 140,320 173,736
58,823 08,913 121.4,35 160,773 186,114
88.745 79,597 81.227 151,808 180.007 184,028
80,374 97,887 85,683 178,238:180,526 229,227
177.336 157.280 245,013 105,814 115.034 115,730 202,778' 174,427 205,355
186,776 188,874 225,08; 120,620 U0.49S 133,805 218,582 217,338 243.257
194,Sn 178.004 220.216 132,403' 174,583 187,120 200.351201,089 273.437
800.960 181.878 218.408 136,941 [188,491 218,998 205,518' 195,284 2S0.280
1M,216 184,025 249,152 157,082 205,912 204,183
294,337
174.305 220,748 216.16' 169,073 236,280 287.109 182,357J202,046
186,356:251, 116 239,093
803,806 880,291 234,870 185.605 259,129 317.408 219,397'243,14o!2«5,235
«S1,II»4
218,9071220,559,280.957 343.503 272,488 226,71o!244,942
884,084 199,961 207,601 261,876:2W,281 364.826 258,851
|213,305J229,024
1«S,7S8 143,155 154,306l25,3,239!28I,6Sl 355.943 157,I18'130,508|l46.323
148,099 121,081 U8,48BJa36,20;l:253.»47 348.859
125,1S3| 93,1041143,402
188.787 113.013 129.4a9l2S7..18o'233.230 a52.3S3 1.54.814'
70.040 130.990 162.303
109,204 148.158 168,408
135,054 160.233 181,714
157.009 102.236 214,461
r" 16..
The above statement shows
1.
dry, with Spring-like temperature, the
—
—
—
Week ending
'
— The
weather during the week has been
thermometer
having averaged 60, and ranged from 42 to 75. Competition for
labor is running up the rate of wages. There has been some
negro emigration to Kansas from this place, but it has now nearly
ceased, as some of the emigrants have returned dissatisfied.
New Orleans, Louisiana. We have had rain on two days the
past week, the rainfall reaching forty- four hundredths of an inch.
The thermometer has averaged 63.
Shreteport, Louisiana.
The weather during the week has
been fair and pleasant, the thermometer averaging 59, and ranging from 39 to 78. The rainfall has reached seventeen hundredths of an inch. Cotton is coming in rapidly.
Vickshurg, Mississippi.
It has rained on only one day during
the week, the weather having ruled warm and dry.
Columbtis, Mississippi.
The weather has been warm and dry,
rain having fallen on only one day, the rainfall reaching twentynine hundredths of an inch. Average thermometer 58, highest
76, and lowest 40.
There have been two clear dajrs the
Little Mock, Arkansas.
past week, and rain on three days, to a depth of ninety-eight
hundredths of an inch. The thermometer has ranged from 30 to
71, averaging 48. Country roads are almost impassable, owing to
warm and
That the
total receipts
29,720
41,891
8^.20211.10
from the plantations since Sept.
1
013
—
—
the continued rains.
Naslmlle, Tennessee.
—
Rain has fallen during the past week on
one day. The thermometer has averaged 52, the highest being
70 and the lowest 30.
Memphis, Tennessee. Telegram not received.
It has been showery two days of the past
Mobile. Alabama.
week, the rainfall reaching five hundredths of an inch. The
weather the balance of the week has been pleasant. Average
thermometer 60, highest 73, and lowest 39.
Montgomery, Alabama. We have had no rainfall during the
'The thermometer has ranged from 41 to 74, averagpast week.
ing 53.
Selma, Alabama. There has been no rainfall during the week,
the weather having been fine.
Madison, Florida, There has been no rainfall at this place
during the week. The thermometer has averaged 5C, the extreme range havilig been 25 to 75. About ninety per cent of
our crop has been marketed to date.
Macon, Oeorgia. The thermometer has averaged 55 during
the past week, the extreme range having been 84 to 75. There
has been no rainfall.
Columbus, Oeorgia. It has rained during the week on one day,
the rainfall reaching thirteen hundredths of an inch. The thermometer has ranged from 44 to 74, averaging 57.
Savannah, Oeorgia.— There has been no rainfall during the
week, the weather having been pleasant. The thermometer has
averaged 57, with an extreme range of 34 ti 71.
Augusta, Oeorgia. During the earlier portion of the week we
had showers on three days, the rainfall reaching one inch and
forty-one hundredths, but the latter part has been clear and
pleasant. The thermometer has averaged 55, the highest being 71
and the lowest 31. Planters are seniiing their crop to market freely.
Charleston, South Carolina.— Vfe have had slight drizzles on
two days of the past week. Average thermometer 56, highest 68',
and lowest 33.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Jan. 15, 1880, and Jan. 16, 1879.
—
—
—
—
—
—
—
—
New
Jan. 15, '80.
Eeet. Inch.
Orleans
Memphis
Nashville
Bhreveport
VioksbuTK
Below high-water mark..
Above low-water mark...
Above low- water mark. .
Above low-water mark...
Above low-water mark. . .
.
4
Jan. 16, '79.
Feet. Inclu
11
6
12
1
31
10
5
15
10
4
1
39
9
38
S
Missing.
1
11
Comparative Port Receipts and Daily Crop Movement.—
of the port movement by weeks is not accurate,
A comparison
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
as the
Jancabt
THE CHRONK.'LE.
17. 1880.1
movement for the years named. First we elva the receipts at
each port each day of the week endlnj^ to-nit;ut,
POBT BBCKIPTS FROM SATDRDAr, JAK. 10, '80. TO FRIDAY, JAH. 10, '80.
D-yg
New
of
Or-
bile.
we'k ieana.
Bat.
Taes
Wed
4,843
6,976
6,450
Thur
Frl..
nhar- Savan- Oallestou. nah. veafn.
2,787
3.976
3,097
3.239
1,622
3,433
2,100
1,745
1,081
1.713
2,015
1,982
1.761
2,751
2.096
1,844
1,040
3,249
8,425
5,501
8.505
Hon
1.562
1,999
1.632
1,367
1,072
1,235
Norfolk.
Wil-
All
ming- otUem.
Totbl.
ton.
1,619
2,020
2,550
2,382
1,597
2,335
214
71
116
124
94
69
Year Beginning September
Monthly
Beoeipta.
Movemb'r
Deoemb'r
1,043
4,069
2,038
3,534
5,374
8,210
20,411
22,132
21,127
19,046
19,790
26,983
333.643
888,402
942,272
956,464
288,848
689,264
779,237
893,664
169.077
610.316
740,116
821,177
236,868
675,260
901,392
787,769
98,491
678,533
822,493
900,119
1874.
134,376
536,968
676,295
759,036
1878-79.
1879-80.
Tot. Do. 31 3,120,871
Jan. 1..
15,776
" a..
30,208
" 3..
30,790
4..
" 9"10..
"U..
S.
6..
" 7..
"
"
"
"
"
"
8..
12..
13..
14..
15..
16..
22 227
36.437
14,949
S.
23.54S
22,906
19,929
17,551
31,762
20,411
5..
,651,013
9,614
8.
33,248
14,528
14.394
20,016
23,926
13,778
22,132
21,127
19,046
19,790
26,983
S.
23,732
22,120
15,966
15,902
1877-78.
Bombay
Total
53-85
60-24
1875-76.
1876-77.
.399.636 2,601,289 2.340.686
18,523
16.371
18.351
8.
30.235
16,245
32.192
18.957
15,384
31,491
12,671
25,942
23,840
20,055
12.891
S.
13,218
16,790
31,768
S.
21,78
21,319
27.877
21,812
17,401
14,735
8.
14,174
19,321
36,925
29.232
15,706
32,478
19,31
27,093
21,893
S.
19,037
23.215
33,738
S.
23,147
16,553
21,043
19,512
26,386
23,366
8.
1874-75
,106.675
26,517
11,389
S.
20,164
15,122
10,014
17,361
18,978
8,906
This statement shows that the receipts since Sept. 1 up to
to-night are now 5H,951 bales more than they were to the same
day of the month in 1879, and 701,291 bales more than they
were to the same day of the month in 1878. We add to the last
table the percentages of total port receipts which had been
received to Jan. 16 in each of the years named.
India Cottok Movement from all Ports. The figures
which are now collected for us, and forwarded by cable each
Friday, of the shipments from Calcutta, Madras, Tuticorin. Carwar, &c., enable us, in connection with our previously-received
report from Bombay, to furnish our readers with a full and
complete India movement for each weelt. We first give the
Bombay statement for the week and year, bringing the figures
down to January 15.
IIOMBAY UKCKIPTS ASD SHIPME'TrS FOR FOCR YEARS.
Year Great Conti
Brit'n.
nent.
_
Total.
.
,
Great
Britain.
Continent.
1.
Total.
Year.
Great
Britain.
Continent.
2,000
3,000
5,000
'i,o66
8,o66
12,6o6
1880
1879
1878
1877
The above
Total.
This
Week.
Shipment.'? since
Groat
Britain.
5.000
4,000
13,000
12,000
Since
Jan. 1.
Janu,-»ry 1.
Continent.
6,000
4,000
21.000
Total.
11,000
8,000
31,000
12.000
week show that the movement from
Bombay is 5,003 bales more than same week
totals for this
the ports other than
last year.
For the whole of India, therefore, the total
shipments tliis week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are
as foUowSt
of
Since
Jan. 1.
6,000
8.000
1,000
12,000
7,000
31.000
8,000!
20.000
14,000
13,000
41.000
India ports.
all
—
Alexandria Keceiptb and Shipments. Throagh arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
cable of the movements of cotton at Alexandria. Egypt.
"Thi"
following are the receipts and shipments the past week and for
Alexandria, Egypt,
Jan. 15.
1830.
Kocelpta (cantars*)—
This week....
Since Sept. I
1879.
125,000
2,700,000
1878.
6r),000
70,000
2,160,000
1,205,000
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
88.000
38,500
7.000 164 000
3,000 97,000
Exports (bales)—
To Liverpool
To Continent
8,000 174.000
5,269 101,153
Total Europe
A cantar is 98
6,000
5,000
13,269 275.458 11,000 l'i6,500 15,000 281,000
lbs.
This statement shows that the receipts for the week ending
Jan. 15 were 125,000 cantars, and the shipments to all Europe
13,3(59 bales.
—
Manchestkr Market. Our report received from Manchester
to-day (Jan. 16) states that prices of shirtings and twists have
again advanced and are now as given below, and ihat the market is active at the advance, sellers being indifferent.
leave
previous weeks' prices for comparison.
We
1879-80.
8»4 lbs.
Twist.
Shirtings.
d.
d.
9H
9H
®9'8
®97e
" 29 9?iai0>4
Dec. 5 10 alOJa
" I2io>«ai056
" 19 10 ®10'8
" 26 10 aiO'e
Nov. 14
"
21
a.
d.
6
6
6
4'337 71a
6
6
a.
-37
®7
6 9 a3
6 101333
6
6
-slO'e 6
7
Jany. 2 10
"
"
1878-79.
Cott'n
328 Cop.
9
9
9
as
as
®8
91038810%
leioiaaio-'s?
'<*3
iiuas
d.
9
Mid.
Uplds
Twlat.
d.
6^8
6^
9
6-'«
lis
7
d.
d.
a.
7-'8a8% 5
7''ga83. 5
3 ai8% 5
6l3l6 8
®8%
Cott'n
8I4 lbs.
Shirtings.
32a Cop.
3
7%®8i« 5
613,8 7=88314 5
758a8l4 5
6'^
6ia,8 7'8a8=8 3
7l,« 7%a8ia 3
3
4isi 7%
7'8a!<59 3
d.
a.
a7
®7
®7
a7
a7
^7
®7
6 ®7
6
6
6
6
3
3
3
Mid.
Uplda
d.
d.
4I3
4I3
41a
413
413
419
41s
6
6 -37 6
71437 71s
5>a
515
5''l8
54
4^8
5'l8
sC
54
^"la
54
Great Britain Cotton Movement for 1879.— Below we give
the imports, exports and stocks of cotton for Great Britain, as
published by the Liverpool Cotton Brokers' Association in their
annual circular. The figures for the previous year will be found
in the Chronicle, January 18, 1879, page 74.
1879.
DcAoriptlona.
1878.
I>ondon.
Liverpool
<Sic.
Total.
Lba.
Import^-
American
2,393,560
77,190
Br.izll
K^'yptian....
Turkey, &c..
W. India, Ac.
Surat
Madras
28,920 2,427,480 449 1.089.938.520 2.232.660
300
77,490 181
14.025.690 126,470
253,500 629 160.709..300 182.670
690 380
262,200
1,270
91,940 160
14,710,400
40,610
263,150 387 101.339,050 33-2,1.50
109,470 310
33,935,700
82,330
252,880
2,620
690
83,900
3,646
246,580 16,570
10 106,460
Bengal
and
Kangoon
16,610 116,900
133,510 310
41,388,100
17,680
Receipts.
I
1880 1,000 2,000 3,000
6.000
3.000
9,000 17.000
23.000
1879
4.000
2.000
6,000 11.000
26.000
1878 i'.OOO 3,6o6 7,6o6
4.000
3.000
7.000 24,000
55.000
1877 12,000
12.000 13.000
15.000,19.000
28.000
According to the foregoing, Bombay appears to show an increase
compared with last year in the week's receipts of 6,000 bales and an
increase in shipments of 3,003 bales, and the shipments tince
January 1 show an increase of 3,000 bales. The movement at
Calcutta, Madras, Tuticorin, Carwar, &c., f* the same week and
years has been as follows.
CALCPTTA, MAI>RA.S. TnTICORty. CARWAR. RAyPOON AXD KURRACIIKE.
Shipments this week.
Tbl*
week.
9,000
11,000
years up to date, at
. .
Shipments since Jan.
1878.
Since
Jan. 1.
This last statement affords a very interesting comparison of the
total movement for the week ending Jan. 15. and for the three
—
Shipments this week
This
week.
3,000
5,000
S.
24,391
10,043
9,764
7,563
13,845
13.610
3,445,830 2.931.880 2.744,539 2.813,476 2,659,620 2,317,407
Total
Percentage of total
65-92
70-54
63-46
6315
66-27
p'rt ree'nta Jan. 1
,
1870.
Since
Jan. 1.
2,340,686 2,106.675
This statement shows that up to Dec. 31 th« receipts at the
porta this year were 469.85S bales more than in 1878 and 721,335
bales more than at the same time in 1877. By adding to the
above totals to Dec. 31 the daily receipta since that time, we
shall be able to reach an exact comparison of the movement for
the different years.
"
This
week.
the corresponding weeks of the previous two years.
1.
1875.
1876.
1877.
1878.
1879.
Total year 3.120,871 2.651,013 2,399,636 2,601.28
Pero'tage »f tot. port
64-42
55-21
59 60
reoeipte Dec. 31...
"
"
1880.
to all EuroiMJ
All other porta.
688 25,168 129,489
Tot. 40.700 12.741 10.639 18.151 8,887 12,512
Th e mov sment aach m ontli e nee Se pt. 1 haH been ai follows:
Bbpt'mb'r
October.
EXPORTS TO COROPS VBOM AU. UfDIA.
Shipments
from—
Ho-
71
Total year... .•1,031,420 277,810 3,359,230 434 1.450,809,160 3,015,840
Coitfumpt'n—
Americau
2,122,440
ISiazil
23,130 2,145,570 449
91 950 181
91,9.30
Kfiyptlau
Tiu-k.-y, &c..
W. India, &o.
East India ..
137.520
690
64,300
184.250
Total year. 2,651,150
Export—
Amoricau
i;340
"666
41,190
963,360,930 2,114.030
16,642,950
138,010
118,792,940 218,7701
262,200
1.2.S0
10,377.600
37.110
86,343,320 196,110
66,220 2.717,370 440 1,195,780,140 2,705,310
149,610
—
Brazil
Kityptian
Turkey, &e..
188,360 B29
690 360
64,360 160
225,440 333
3,0.30
149,610 449
3,050 181
67,174.89(1
55-2,050
11,131)
11,1-30 6-29
191,030
139,630
4,240
14,900
India. »&c.
E. India, &c.
170
11.640
3,676
100,800 304,250
170 380
15,310 160
305,050 359
7,000.770
64.600
2.449,600
109,512,950
Total year.
276,400 207,920
434,320 386
186,754.860
363,710
338,290
10,580
79,080
338,290 449
10,580 181
79,080 629
151.392,210
1,914,980
49,741,320
199.500
20,980
43,640
W.
la/j'io
Hlock Dee. 30.
American
Brazil
Ksyptian
Tiii-key, lic...
100
26,696
'"330
21,070 160
3,37i',266
8,300
and
Rangoon
33,900
42,580
76,480 367
28,063,160
93,330
Total Dec. 30
48-i.5t0
42.960
.325.500 447
234.987.870
372.950
W.
India, &o.
Surat
Madras
Bengal
. .
THE CHRONK^LE.
72
CLOSE OF EACH YEAR.
KOTIMATEU STOCK nElJ> BT gPISKEBS AT THE
Jan.
American
Bnull
,•
Egyptian
Turkey, &c
>
I
Westlndim&c
Burnt
1878.
1877.
1876.
73,000
10,000
18,000
2,000
80,000
15,000
20,000
65.000
13,000
34,000
3,000
115,000
20,000
20,000
3,000
5,000
7,000
15,000
27,000
20,000
115.000
110.000
133,000
185,000
135,000
)
>
Madras
1875.
1879.
65,000
3,000
40,000
2,000
MONTHLY IMPORT INTO UVERTOOL
IN 1879.
June.
JiUy.
59,466
76,426
33.666
20,826
Total... 305,850 298,165 231,327 248,477 228,286 135.892
3,933
6,851 10,751 13,539 10,946
4,611
Brazil
4,171
8,407 18,037
Egyptian... 32,014 22,447 21,335
54,402
4,947
1,299
Janu'ry Febr'y. March.
April.
May.
American—
179,762 150,315 93,020 79,981 70,584
Gulf ports 126,088 147,850 138,307 168,496 157,702
Atl. ports.
Turkey uud
Gi-eeec
.
East India.
Grand
18
108
399
131
3,062
22,179
3,707
14,553
5,562
32,010
4,188
49,631
.
'W.Indin.&o.
totAl.
17,420
5,833
4,771
S,686
Octohcr Nov'r.
AmericanAtlantic Ports
Gull Ports
Dec'r.
Grand
i»nd futures
generally >4d. to 38il. higher.
Americ.'in ^ed. to Hd.,
April 3— Good business at advancing rates.
Egyptian i4d., Surat ^ed.. and futures igd. higher.
April 9— Market ojiened active, but became quieter. Spot cotton led.,
futures 3i6d. highcir. Manchester flmi.
April 17— Bank rate 2 per cent. Market strong, with extensive demand.
American advanced Hi. to =i6d. and futures Sj^d.
April 24— Market opened quiet and easier, but recovered, and closed
firm. Manchester steady.
May 1— Active inquiry, with good business. Spot cotton advanced igdFutures ''•j2d. to Ud. higher.
May 8— Strong market; large buying for trade and specHlation. Spot
generally 38d., futures Sigd. higher.
May 15— Opcued flat and lower, but improved; long staples closed >6d.
to HA; Surat iisd. to %d., futures 932d. higher.
May 22— Fair business at hardening rates. Siiot cotton HA., futures
iind. higher. Manchester firm.
May 29— Moderate demand, limited business and declining prices.
Amei-ican ^A., Surat %d. to i4d., futures 3,^d. lower.
22
8,281
35,731
Total.
24,489 31,331 166,658 169,870 215.564 1,274,706
17,636 2,184 27,563 92.946 147,827 1,123.851
sales, imports, exports, stock,
aud
5—Market opened ttriu and became active. American advanced
HA. and Surat lind. Futures lied, higher.
June 12— Quiet mai-kct, with downward tendency. American ijed.,
Egyptian ^sd. lower. Futures closed steady.
June 10— Maiket dull, with moderate inquiry. American declined igd.,
Egyptian 3igd. and futures %d. Manchester steatly.
June 36— Opcued steaily. with an advance of Siad., but became dull, and
advance was lost. Futuies i.iad. lower.
July 3— Limited demand, downward tendency. Egyptian pressed and
i4d. lower. Others declined lod. Futures 1.12 1- higher.
July 10— Opened firmer, but cottou being pressed for sale, market closed
slightly easier. Futures declined HA.
July 1'7 Maiket dull, with continued pressure to sell; siwtiied. lower.
Futures steady. Mauchester (luict.
July 24— Market dull and deprcs.sed. Americ.'in Md., Surat "tid. lower;
EgTptian excoptiouall.v steady. Futures Sjgd lower.
July 31— Opened flat, but became steadier, though with limited demand.
Spot unchanged; futures liqd. to 'ed. lower.
August 7— Great depression, owing to American advices. American declined HA., other kinds %d. Futures 3igd. lower.
August 14— MarlkCt opened heavy, but Improved, and American advanced i;6d. Futures firmer. Manchester steady.
August 21— Active demand .at hardening prices. American ^igd., S urat
HA. futures 'lod. to isd. higher.
August 28— Continued improved demand. American advanced Hd.,
Surat lied.; Egyptian ^sd. lower. Futures ^d. higher.
Sept. 4— Market quiet, with moderate business. Siwt steady futures
Sjgd. to HA. higher. Egyptian led. lower.
Sept. 11— Fair demand at steady rates. Spot unchanged; futures lied.
to igd. lower. Manchester dull.
Sept. 18— Limited business, with some pressure to sell. American and
Surat 3,gd., Egyptian i4d., futures hed. lower.
Egyptian
Sept. 25— Opened dull and depressed, but became firmer.
irregular and 38d., American igd. lower. Futuies lind. easier.
Oct. 2— Market opened strong and advancing, but closed flat. American
advanced isd. Futures hed. to %!. lower.
Oct. 9— Opened heavy, demand revived, and with little oflToring American advanced ii^d. to led. Futures led. higher.
Oct. 16— Fair inquiry, with moderate business. Spot steady. Futures
3]gd. higher. Manchester improving.
Oct. 23 Good demand. Large Egyptian buying. American sparingly
June
prices, in
'
Liv-
—
erpool, have been as follows:
Reported weekly
and forwarded.
Prices.
sales
1879.
Jan. 2
To the lafn &
sales &
trade. expoj't forw'd
..
23..
30...
Feb. 6..
13..
20..
27...
Mar. 6
13..
20..
27..
Apr. 3..
9..
17..
24..
May
1..
8..
15..
22..
29..
Jane
5..
12..
19..
26..
July
3..
10..
17..
24..
31..
Aug.
<1
a
A.
.
9...
16
a-M
Specu- Total
Sat«.
7..
14..
21..
28..
Sept. 4..
11..
18..
25..
7,250 41,440 9,732 134,029 415,160
9,380 74,980 12,664 09,775 406,830
8,380 .•3,430 4,677 86,639 423,920
8,230 71,810 8,070 35,169 387,440
5,860 54,570 4,499 40,116 374,730
5,050 52,420 5,879 89,125 410,640
5,720 49,9S)0 3,952 95,139 457,690
6,390 47,770 5,633 92,183 502,H80
6,770 56,350 2,028 64,473 515,820
6,670 54,900 6,554 94,280 555.520
8,470 64,530 3,847 56,717 552.380
13,550 97.480 8,581 89,353 567,220
18,240 79,700 4,783 48,322 549,310
11.190 75,680 5,011 98,554 578,360
10,300 66,090 4,998 69,92 587,.500
13,710 66,130 7.020 20,770 548,850
9,660 62,310 5,069 99,543 606,320
71,7.50 12,690 84,440 4,108 104,397 635,310
73.930 17.170 91,100 4,421 41,020 ,598,740
58,240 13.330 71„570 5,17'
29,736 565,570
46,547 566,480
41 ,060 15,250 56,310 3,79
35,970 5,260 41,230 4,345 73,540 601,130
34,780 4,820 39,600 3,39'" 34,517 597,480
39.210 5,380 44,590 4,573 36,852 590,780
37,130 6,730 43,860 3,715 54,974 606,020
38,480 4,280 42,760 3,533 71,603 635,610
39,770 5,470 45,240 5,809 32,292 622,400
39,620 6,150 45,770 3,462
9,967 589,340
35,290 4,730 40,020 4.801 16,272 565,770
36,290 6,450 42,740 3,362 14,446 540,610
41,660 5,520 47,180 3,01" 31,785 527,720
33,140 4,820 37,960 5,601 13,604 .502,620
46,1,30 8,6(0 54,790 5,724 18,289 469,310
57,510 7,340 64,8.50 6,208 31,105 426,750
52.320 9,710 62,030 4.055 46,500 410,930
44,330 6,730 51,060 6.402 12,080 378,570
42,690 9,410 52,100 6,420 11,161 340,660
33,230 6,710 39,940 3,784 17,214 321,060
43,720 6,240 49,960 7,821 17,305 246,300
42,390 5,570 47,960 2.641 31,508 232,84(1
41,380 3,660 45,040 4,803 25,777 212,540
43,100 2.760 45,860 3,715 50,004 216,430
55,850 11,920 67,770 3,358 68,145 226,4.50
30,870 10,340 41,210 3,250 80,647 273,290
55,630 7.990 63.620 3,884 81,756 295,560
75,080 16,630 91,710 4,822 71,966 287,670
63,280 4,110 67,390 4,196 76,739 296,990
71,420 12.670 84,180 5,171 96,028 316,860
61,560 9,350 '0,910 8,758 92,101 338,650
65,070 11,950 77,020 6,353 64,374 331,800
58,160 8,020 66,180 9,110 101,110 365,640
75.380 9.530 84.810 9,913 201.948 482,540
34,190
65,600
65,050
63,580
48,710
47,370
44,270
41,380
19,580
48,230
56.060
65,930
61,460
64,490
55,790
52,420
52,650
d.
d.
7%
4I16 538
414 5»16
8
8I9 4=16 5616
8% 4% 5616
438 5^16
8
7''s ihe 55i6
7:<4 4'>16 538
7% 4^16 5=16
758 46u 538
7I2 45,6 5=16
533
7h
7=8 438 5»i,l
7^ 4>a 5l3i6
8
4»16 51=16
4% 6116
4'8 638
8=8 4 '8 638
8=8 518 6^2
;
;
8%
8%
8%
8%
8%
offered and led. to ^m^., futures Siod. to i'32d. higher.
Oct. 30.— Limited business. Great scarcity of American, which advanced
=16 to ",6d. Futuies excited .and =,6d. higher.
Nov. 6. Bank rate 3 per cent. Moderate business. American daclined
9,6d. owing to increased supply, futures ii.^d. to led.
Nov. 13.— Extensive dem,aud at .advancing iirices. Spot ^igd. to i4d.,
futures i4d. higher. Manchester hardening.
Nov. 20.—Market quieter, with abundant supply offering. American
led. to 3md. lower. Futures slightly cosier.
Nov. 27.— Opened inactive, but demand Improved. Spot igd. higher.
Futures active at s.gd. advance. Manchester strong.
Dec. 4 —Market opened quiet, but became animated. Spot 'led. higher.
Extensive future buying .at ^mA. to i4d. advance.
Dec. 11. Opened with good demand, but closed dull. American lied.,
Surat led. higher. Futures i,ed. lower.
Dee. 18. Market flat, with considerable pressure to sell. American Sigd.,
Egyptian HA., Surat lied., futures led. lower.
Dec. 30.— Market closed quiet. Middling Boweds 6 iSiod., Fair Dhollerah
5=8(1.
Bank rate 3 per cent.
6''8
5«ip
5=8
8=8 5'l6
8^8 59lP
8»2 59lf
SH 5I2
SH 51u
8
8
8
tlruicr,
advanced 3 ijd. to HA. Manchester steadier.
March 27— Largo demand for trade and speculation. Spot
99.408 57.760 256.081 326.489 459,533 3.081.420
total
23— Opened
ican lifid. lower. Futuics flrniei-.
Feb. 6— Quiet market, with fair bUKiness. American unchanged. Sural
Futuies hardening.
I i6d. to led. lower.
business rcstiictcd owing to dock laborers'
Feb. 1.3— Fair inquiry
strike. American iisd. higher. Egyptian igd. and futures ijod. lower.
Feb. 20— Market dull and drooping. American and Surat decliued tied.,
Brazil "sd. Futures stciuly.
American 'isd. higher.
Feb. 27— Limited buciiiess, but firmer tone.
Futures firm. Maneliester dull.
March 6- Market continued inanimate and freely supplied. Spot declined i,6d. to >8d. Futures i,6d. lower.
Mai'ch 13— Hank rate 2^2 per cent. Improved demand for American,
which advanced i,Ad. Futures ii«d. higher.
March 20— Active market. American strong and 3i(,d. higher. Futures
42,125 33.515 194,221 ;62.816 363,391 2,398,567
Total.....
77,194
6,193
5;666
3,579
3,152 3,026
Brasll
1,574 1,585 17,693 49,350 74,965 252,877
Egyirtian
688
10
Turkey and Greece..
88,899
8,i57
4,955
10,890 5,625 12',2'81
West India, &c
263,205
6,827
3,702
41,747 14,009 28,307
East India
The weekly
American freely
liiglier.
improved demand; closed quiet. American
and futures uneliaiiged. Manchester improving.
Jan. 30— Bank rate 3 per cent. Market dull; moderate business. Amer-
365,728 340,920 288.672 238.791 295.240 197.946 104.762
Auii'st Sept'r.
Fair general demand.
Futures 1,6
XXX.
;
3,000
BcngiiliSiR'iUgoou. )
Total
rate 4 per cent.
offered, but steady.
.lau.
Description.
16— Bank
[Vol.
7I18
73,6
6'3i6
7.16
—
6^8
6 ''6
5m,
615i6
5'l6 6'8
538 6"3i6
69l6
5I4
6?16
53a 6=16
53l6 638
514 69,6
55,6 6l3i8
613,6
56
613i6
53i6 6=8
—
—
—
Gdnny
Bags, B.^gging, &c. Baggjng has been quiet again,
is a falling off in the demand at the moment, but
16..
5^8
holders anticipate a better trade shortly. Prices are weaker,
5I8 6''g
23..
and lower figures are being quoted If lbs. is to be had at 9@
30..
53i,
Kov. 6..
53,,
these figures
3 lbs. at 10c and standard qualities at lie.
9^0.
13..
o^ 61 = 16
20..
being accepted for 1,500 rolls. Butts continue to sell freely, and
51a 6%
27..
5»a 6''8
the inquiry continues, "rtie transactions for the week are 14,000
Dec. 4..
59,, 61=16
11..
5=8
bales spinning grades at 3@3ic., though only a few lots were
18..
5»,( 613,6
30..
5=8 615,6 gold at the lower figure, 3^0. being about the average price acdealers are quoting 3i@3Jc. as to grades>
The above table shows that the highest point of the market cepted and at the close
though there are a few parcels which can still be picked up at a
for American cotton during the year was on the 30th October,
when Middling Boweds were quoted 7 5-16d. per lb., and the shade under these figures.
The Exports op Cotton from New York this week show an
iateest point during January, February and March, when the
quotation was 5 5-16d.
The average value of Middling increase, as compared with last week, the total reaching 3,954;
Below we give our usual
bales against 1,441 bales last week.
Boweda has been 6 5-16d., and Fair DhoUerah 5d. per lb,
table showing the exports of cotton from New York, and their
TENDENCY OF MABKET DURISO 1879.
direction, for each of the last four weeks; also the total exports
Jan. 2—The year opened wlthaflna market. Middling Boweds
fair Dhollerah 4 iied. Bank rate 5 per cent.
and direction since Sept. 1, 1879, and in the last column the total
Jan.9— Opened with good demand, but closed dull. American
iisd
"'^"""^ I6u- to
lo
Hid. lower; Surat led. higher. Export buying.
for the same period of the previous year.
,
Oct
2..
9..
5%
5%
5%
(j^2
6=8
6II16
6II10
and there
;
,
;
;
5M
'
—
Jakcart
THE (JHRONICLE
17, 1880. J
Exports OF «ottok
(nxLtg)
Kxported to—
from New York bimck Sbit.
Week endlDK—
Deo.
Dec.
Jan.
24.
31.
7.
3,006
876
Total to Qreat Britain 4.431 3,006
876
HuTTe
Other French
J/iverpool
4,295
,
Otber BritUb
1979.
Bamn
TotAl to Iiertod
date.
previ'm
Jan.
14.
year.
189,188 143,631
200
6,606
4,252
t,8Bl
130
iiorU.
1,
3,121 191,794 147,883
158
517
204
16,621
9,579
158
517
204
16,621
9,679
694
200
254
400 17,288
433 10,470
10,205
1,202
'i07
2,124
635
2d,89l
12,012
port*.
100
TOTAI, Fhkkoh
Breiuon and HanoTer
Hanibtiix
.
1,201
Other ports
73
Tcrschclling on Jan. 4, was breaking up on the 7th, and the tugs
that had gone to her assistance bad left her.
(Mpan.», fnnn Charleston for Barcelona,
which put IntoHt. Mlcbiielswlth machinery damaged, soiled tbeiioa
and »rrlve<l at Bareelouu Jan. 7.
Orie.nt. «blp, Allen, from New Orleans, and steamer City of Baltimore,
from Itouiliay, were In collision offCanotla Dock, LiveriMMil, Dec.
27. The former liiul bowsprit carrle<l away, cutwater and steui cot
uittr, and other damage.
Enchanthkss, bark ( Ilr.i. at Havre Dec. 27th from New Orleans, before
reported, with a cargo of cotton and grain for Rouen, reiwrts having lal)oi€!d and strained during heavy weather Dee. 19.
North Cah<>li.-<a, bark (.599 tons, of LiveriHKj), llniliAii, from Baltimore,
with 60O bah's cotton, <ke., for Lh eriKMd, whleh put Into Bermuda
Nov. 21st in distress, repaired, sailed, put back leuky, and at
A.M. of Jan. 1st was seen ashore on l»ng Bar, to the westward of
the Island. At tin- time of going ashore she had 1 or 5 fe<a of
water in her hold. 8be afterward rtlled, and on tin- Hth was full of
water. Atiout 400 bales of cotton hav<! been Iande<t dry and »
small imrtion of the other cargo the greater portion will l>c a total
hiss.
r\u- vessel has lieen striiipcl and nniterlals taken ashore.
The hull will probably be a to'al loss. The N. C. had Immiu asbom
on the North Carolina coast in August, 1879. Her iHittom wa*
only repiiired teuiporarily In Baltimore. She sailed In her then
condition with the sanction of the underwriters.
Sarah Doi;oi.ass, tiark Hr.), Mcl>ean, from Galveston Oct. 21 for
Liverpool, has put Into Fayal wltli her rudder damaged.
Serena P. S.MiTii, brig (290 tons, of Bangor), Trim, from New Orlcana
Dec. 17, wltJi 216 bales cottim for Providence. B. I., Is reported
from Newport, R. L, on Jan. 13, as ashore at Batemans Point.
8ECOMM) llAUKKHAS, Steamer
;
Total to North. Europk 1,805
200
833
361
Spain, Op'rto, Gibralt'r,Ac
All other
3,200
Total
3,206
&c
Spain,
3,660
.
Orand Td»iL
6,484' 3,733
1.441
1
3,6G0
a.O.^ 241.512 173,204
The Following ark the Receipts op Cotton
at
New
York,
Boston, Philadelphia and Baltimore for the past week, and since
Beptamber
from—
5,601 86,039
6.529 69,615
2,920 149,301
Texas
Saraiinah
Mobile...
Florida
S.Car'Una
.
.
N.Car'lina
Virginia..
North. pt»
Teiin., Ac.
Foreign
Boston.
Phlladelphht.
.
3,676
4.743
1,701 90,748
240, 32,455
12,107 160,203
5,578
116i
12,292 110,280
1201
1,733
"602
24,.V66
Liverpool, steam d.
Do
2,575
1,131 12,35^
Do
2,852
32,767
2,510
6.076
9.741
35.075
89.675
98,532
462
417
2,612
7,255
7,129
59,655
392
392
3,339 36,744
Do
6,765 117,197
Ijk8tj-car. 22.205 514,5221 6,.391
2,10« 10,602
2,031
37,951
News.—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
86,859 bales. So far as tlie Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chkoniclb last Friday.
With regard to New Yorit, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
New YORK— To Liverpool, per steamers Republic, 317.... Helvetia. 271.... Ix)rd Syndhuret, 600. ..OcUic, 725....B,^tavla, 36
City of IJnisBuls, 268
City of New York, 614.
2,801
To liOndon, per steamer France, 260
260
To Bremen, per stCTinicr Wescr, 100
100
To Hamburj;, per steamer Gell<'rt. 433
433
New Oklkans—To Liverpool, per steamers Buenaventura, 1.010
llayllan, 1,109
Andean. 4.4.">5
Texas, 4,679
Commander, 3,718
per ship Lady Dulferin, 1,401
per
bark Itey nard. 2,998
28,400
To Cork, per bark Conrad IlelliorK. 810
810
To Cork or Falmoutli, for orilcrs, per bark Caspar!, 1,474
1,474
To Rotterdam, per sliip U^'Rlan. 1,190
1,190
To Sebastapol, per steamer Bertha. 0,530
6,530
To Barcelona, per bark (Jinsto, 898
898
To Veracruz, per steamer City of Mexico, 1,100
1,100
Mony-K—To IJverpool, per steamer Mobile, 3,701
per brig
Heinrich, 811
4,518
Charleston— To Liverpool, per steamer Mayagnez, 2,2.50 Upland
per ship JJvangeliiie. 3,013 Upland and 336 Sea
Island
To Barcelona, per bark Nneva Borinquen, 1,266 Upland
Liverpool, per ship A rilmorc, 1,362 Upland
per bark Riilph B. I'eake, 2.8»7 Upland
To Havre, per brig Klisa, 1,000 Upland
To Bremen, per bark Telemach, 2,230 Upland
To Amsterdam, per liark Messel. 1.111 Upland
To Gothenburg, per bark All, 1,164 Upland
To Barcelona, per bark Resnelta, 1,700 Upland
Texas—To Liverpool, per ship Herman, 1,520
To Genoa, per brig Minerva, 1,110
Wilmington-To Liverpool, per bark Bessie Parker, 2,720
Norfolk—To Liverpool, per ship Rhine, 4.020
1
Bavannah—To
Baltimobe—To
fornlan,
Uveri)ooI, per steamers Hibernian, 903.' . . .Call403
Prussian, 983
Liverpool, per steamers Massachusetts, 152
Marathon, 100
Philadeu'Ula—To
7,169
1,000
Do
d.
sail
d.
Compressed.
Liverpool.
—
By cable from Liverpoo', we have the following
statement of the week's sales, stocks, &c., at that port:
Dec. 19.
Sales of the
we*k
bales.
Forwarded
American
Of which exporters took
Of which speculators took..
Total stock— Est Imated
Of which American— Estim'd
Total import of the week
Of which American
Sales
ActuM export
Amount afloat
Of which Araerieau
'
Market,
12:30 P.M.
)
j
Mid. Upl'ds
Mid. Orl'ns.
Market.
5 P.M.
Total... 63,883
" Included
In the
don, and from
1,000
5,664
6,530
above totals are
New Orleans,
:
1,164
3,861
2,210
From New York 260 bales
2,281 bales to Cork and Falmouth.
9.
Jan. 16.
76,000
28,000
56,000
6,000
1,000
521,000
387,000
113,000
130,000
7.000
370,000
215,0001
62.00O
21,000
48,000
5,000
1,000
.501,000
363,000
58,0<M
41,000
7,000
290,000
268.000
Mod.
freely
supplied.
Friday.
Active
inq.
and
Easier.
firmer.
7^
7
7^
7>8
7i8
7^
73l8
7%
74
^
10,000
1,000
10,000
2,000
12,000
1,500
18,000
2,000
12,000
1,000
8,000
1,000
Barely
Steady.
steady.
The actu.^1 sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling cuuise,
onlesB otherwise stated.
Saturday.
Jan
Deliveiy.
d.
63I32
63I32
Apr.-May
d.
7>a®»3j
May-Jujie
Jan.-Feb
7I32
Feb.-Mar
Mar.-Apr.. ..7iis'a>332
Delivery.
I
Mar.-Apr
|
May-Jime
7»i8
Jan
7
7
Jan.-Feb
June-July
d.
7'a
7^s^
7»s3
I
jroJiDAT.
Delivery.
6i6i6S'^2
Jan
Jan.-Feb
Feb.-Mar
7132®^
Mar.-Apr
8'63i32®7
7i3s®ii8
j
I
t>2i32
|
I
I
Delivery.
7Jfl®S33
7'>32»3,j
June-July
7^32
July-Aug.,
7>i
Delivery.
Apr.-May
Mar.-Apr
May -June
Apr.-May
Apr.-May
MayJune
7^
Apr-.May
7ts»
753J
7»3j
7'a
Tuesday.
722
1,005
May-Jtme
June-July
July-Aug
7^**32 Feb.-Mar
..73i6®''32 Mor.-Apr
7132^116
7»s2®5jj
7ii6®'.i2
..
Delivery.
Delivery.
Deliveru.
Jan.-Feb
Feb.-Mar
Mar.-Apr
Apr.-May
7^8
7^6
7Si«
May-June
7».'jj
Aug. -Sept
June-July
Mar.-Apr
7718
71' j»
7^3^
7»j2®^
Wednesday,
86,859
Lon-
to
Delivery.
Delivery.
Jan.
Below we give all news received to date of disasters to veesels Jan.-Feb
Feb.-Mar
carrying cotton from United States ports, etc.:
Mar.-Apr
Hausa, steamer Ger.), Danueman, which went ashore on the Island of Apr.-May
(
Jan.
)
Sales
Spec.&e.vp.
'
4,030
2,280
65.000
19,000
53,000
7,000
3,000
183,000
338,000
202,000
156,000
10,000
333,000
299,000
Saturday Monday. Tuesday. Wednes. Thursd'y
Bpot.
.
Norfolk
4,020
Baltimore... 3,289
Boston
722
Philadelphia 1,005
52,000
11,000
45,000
6.000
2,000
366,000
250,000
101,000
83,000
9,000
384,000
341,000
been as follows:
in our usual
GotGenoa A
Sebas- hen- Barce- Vera
pool. Havre. & R'dam. topol. burg. lona.
Cruz. Total.
New York... 2,861
....
833
3,951
N. Orleans ..28,400
1,X90 6,530
898 1,100 10,102
Mobile
4,548
..>
1,518
Charleston . 5,629
1,266
6,895
Savannah... 7,169 1,000 3,641
1,164 1,700
14,674
Texas
4,520
5.630
1.110
Wilmington. 2,720
2,720
Dec. 19 to
Dec. 31.
The tone of the Liverpool market for spots and futures each day of the
week ending Jan. 16, and the daily closing prices of spot cotton, have
Delivery.
Am'dam
%
'l«®'»32 ''l«®153» 'is»">j, ''is® "si
a..
a..
a>..
2,289
Bremen,
H
..®....
form, are us follows:
Liver-
Hi
»»»...'
Ball*. ..e.
liiluret.
86,859
particulars of theae sUipmeuts, arranged
c.
steam
Market,
5 P. u,
723
V
»8»..."
Hi
Do
Og®...'
H
e.
%
i,411
1,161
1,700
4,520
1,110
2,720
4,020
1,005
»8a>...'
H
"a
=8®...'
Frl,
»1«»'4
Hi
«8»..
Amst'd'm, steam.e.
2,2,30
Bohemian, 470
Liverpool, per steamer British Empire, 1,005
Total
The
5,629
1,266
Hi
'le
sall...<:.
'
153.269
Wednes. Thurs.
Tues.
.e.
Bail
Hamburg, steam
Baltic,
1,470 51,741
Boston— To
as follows:
'ieai'4
^s'*...'
e.
Bremen, steam,
10,000
This year. 41,719,710,698 22,638,258.454
e.
sail
Do
65
Mon.
'is® '4
sail...(f.
Havre, steam
10,606
"bo
Shipping
week hare been
Satur.
Baltimore.
This
Since
This
Sinue
This
Since This
Since
week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
X. OrrauB
Cotton freights the past
1879:
1,
New York.
Beoeipt8
(
VM_
.7>i
73s2®il8
7»a®*32
73ia®532
7''32
I
May-June
7l'3a
June-July
Feb.-Mar
Mar.-Apr
'tim
7lig
7>8
75i»
Apr.-May
I
I
I
Delivery.
May-June
July-Aug
Feb.-Mar
TH
7%
7S„
May-June
7''s«
UuneJuly
?»,•
I'HK (JHIIONICLE.
74
<!•
JMitery.
7'i«
J»n.-Feb
'''32*^
r«b.-Mar
TiinnsDAT.
DelUery.
Apr,-M»y
7J;i2
May-June
'*a2
Juuc-Jiily
^Ha
Mar.-Apr
d.
DeUtery.
d.
""le
F«b.-M»r
.7''32
May
.73io
.7»4
May-Juno
Friday.
JieUvery.
Delitieni.
Vtllteri/.
Jan
>h»
jBn.-Fcb
Feb.-Mar
Mar.-Apr
i'i«
April-May ...77.,»®3i6
Ma}--Jiiuo
'"as? *
"ipa
Jiuic-July
(O32
Feb.-Mar
.
vRiB
7Hi
BRE ADSTU
May
.7T32
June-July
.711s2
July-Aug
.7I3:,3
Aug.-Sept
.71i6
Flour
bbls.
Friday, P. M., January
16, 1880.
XXX.
1870-80.
3,548,865
1878-79.
3,055,778
1877-78.
3,065,132
1876-77.
2,326,397
64,981,080
Com
48,75S..50t
Oats
Barley
15,221.100
8,177,538
3,084,230
58,723,662
42,479,656
10,678,948
7.259,154
1,067,939
45.044,437
36,294,035
12,900,977
6,702,300
2,100,873
30.420,033
41,318,021
15.550,473
6,726,104
1,906,910
140,225,.521
126.209,359
103,042,622
91,021,51^
bush.
Wh0.1t
Rye
Total grain
....
Comparative shipments of flour and grain from the sam
ports from Jan. 1 to Jan. 10, inclusive, for four years:
Flour
PPS.
01.
Wheat
bush.
Cora
1878.
191,707
1879.
1880.
278,768
186,616
362,186
1,341,410
872,958
899,271
bbls.
1877.
174,341
1,432,869
305,132
429,144
1,084,168
147,365
163,746
450,623
550,617
Oats
of flour, amount- Barley
147,061
130,707
189,096
119,812
There has been an important decline in prices
40,819
57,056
49,956
93,419
been
has
Rye.
depres-sion
The
ing in most cases to 25@50c. per bbl.
been best sup2,197,141
1,816,926
11
2,461,907
heretofore
2,467,4
....
grain
have
Total
which
grades,
low
most in
range of values.
Rail and lake shipments from same ports for the last four weeks:
ported, maintaining a comparatively narrow
Barley,
Data,
Rye,
Com,
Wlieat,
Flour,
Week
there have been
Production is not large, and at the decline
bush.
bush.
bu.sli.
bush.
bush.
bbls.
ending—
dull, but Jan. 10.
was
market
312,537
59.431
47,087
768,139
the
133,500
To-day,
114,811
export.
taken for
large lines
without important decline.
gave way
The wheat market has materially declined. Prices
morning ; No.
Bharply on Wednesday afternoon and Thursday
Winter sold down
3 spring sold at §1.33, in store ; No. 2 red
$1.46^@$1.47 for Febto fl.44®$1.44}6. spot and January ;
for
and $1.49 for March ; No. 1 white down to $1.44^
ruary,
these figures there was
among
some recovery last evening, but with some anxiety
and
supplies,
increasing
stocks,
excessive
to
holders, owing
though
inadequate demand. To-day the market was steadier,
for February,
quiet, No. 2 red winter closing at $1.47@$1.47?6
and $1.50@$1.50J6 for March. After 'Change No. 2 red Winter
March.
sold at $1.49M for February and $1.52}^ for
with more
Indian com has been rather firmer on the spot,
Steadiness in futures. No. 2 mixed sold yesterday at 59M@61c.
February and $1.47 for March.
From
March; but offered
in store and afloat; 59Mc. for February and
growth, are
at 58c. for May. Supplies of new corn of near-by
increasing, causing some irregularity, and widening the range
573,271
445,193
615,574
238.080
156,749
195,007
815.925 2,432.177
902,373
178,686
199,107
284,632
163,957
153,736
163,360
Jan. 3
Dec. 27
Dec. 20
Total, 4 w'k8.600,S64
60,378
79,535
90,474
46,332
38,380
45,850
289,821177,649
4wk8 1878-9.433,616 2,209,050 1,716,087 800,748 401,838 80.894
Receipts of flour and grain at seaboard ports for the week
ended Jan. 10:
Barley, Rye,
Com,
Oats,
Wheat,
Flour,
At—
New York
bbls.
164,657
40,539
9,000
6,709
14,305
16.000
12,501
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
bush.
bush.
554,800
82,716
125,000
3,473
103,000
131,200
30,455
bush.
bush.
l>usii.
908,784 378,547 96,800
194.903 26,365 13,164
1.000 22,000
6,000
2,200
1 ,050
287,500 56,000 15,000
406,650 11,200
116,078 21,228
9,236
18,806
5,200
1,500
2,000
263.761 1,036.644 1,979,915 496.540 143.020 36.736
103,681 773,374 736,622 178,665 78,480 16,830
from Dec. 31 to Jan. 10, inclusive, for four years:
1879.
1878.
1877.
1880.
344,049
257,439
188,040
490,295
bbls.
Total week
Cor.
week
And
Slour
'79....
Wheat
bush.
Com
1,945,901
3,766,454
1
583,694
1,828,397
788,070
252,735
53,493
Oats
Barley
356,470
132,762
40,492
302,330
2,171,576
2,711,889
251,676
277,446
11,772
2,099,575
401,839
109,430
45,342
To-day there was no imporlant change. Futures Kye
2 mixed selling at 58^c. for February, and 5-:c.
No.
weak.
closed
2 ,958,516
5,427,359
3 926,815
6,800,658
Total gra n
for March.
Exports from United States seaboard ports and from Montreal
Rye has declined, leading to more activity, several boat-loads for week ending Jan. 10:
Peas,
Corn,
Oats,
Rye,
Wheat.
Flour,
of prime selling at 93@93>^c. afloat. Barley has been dull,
bush.
bush.
bush.
bush.
bush.
bbls.
From—
328,393 5,010
3,0U6
4,561
478,149
and prices are more or less unsettled. To-day, 4-rowed state New York .... 79,366
38,441
89,001
....
14,393
Boston
Bold at 77(g85c. Oats have materially declined, although the Portland*. ....
18,800 62,340
122,923
8,937
demand is very fair. Yesterday, No. 2 mixed sold at 48Me.
325,401
2,310
PUiladelph a..
517,540
The market to-day was dull and No. 2 graded closed at 47 Mc Baltimore .... 3,975
78,400
mixed
for
for mixed and 47^c. for white, with sales of No. 2
of quotations.
.
Total for w'k 109,011
Same time '79. 71,273
February at 47)^@48c.
The following
are closing quotations:
^
Ho. 2
bbl.
$4 00® 4 40 Wheat-
and
State
Supci-flno
4 S.">a 5 30
Western
wheat extras.. .> 50® 5 85
6 003' 7 25
XXX...
XX
and
do
Winter Rhipp'Kextnia. a 85 a 6 25
6
40 a 735
XXX...
XX
and
do
MinnesotJi patents... C 50® 8 00
City sUippluf,' extras. 5 65® 6 25
BpiliiK
Boiithcm, bakers' and
family iM-ands
Bouth'u ship'K extras.
Bye
Corn-West, mixed
Western No. 2,oId
Western Yellow.
WcBtem Wliite.
75® 7 50
GO Rye
6 10®
5 10® 5 40 Oats— Miied
Corn meal
We8t«m,&c
2
80®
3 00
3 25® 3 30
Brandy wine, Ac.
Buckwheat flour, per
.
^ bu.$l 35 ®1
139 ®1
Amber winter... 140 ®1
Red winter, No. 2 1 44I2SI
1
35®1
Wliite
1 41; ®1
No. 1 wliite
No. 3 spring,
No. 2sprlng
C
superllue. .
tloiu',
And 21,523 bushels
The visible supply
*
GRAIN
PLOUR.
. .
.
White
Barley— Canada W.
State, 4-rowed...
State, 2-rowed...
&t.
200® 230 Peas—Cau'd^.b
lOOlbs
50
00
®
37
41
45
45
43
42'i!
(il
®
01
62" a
60
91
9312
®
46 ® 48
47 ® 49
90 ®1 02
77 ® 85
•72 ® 77
® 95
Receipts of flour and grain at Western lake and river ports
for the week ending^Jan. 10, 1880
:
Flour,
bbls.
At—
ChlcaKO
Milwaukee
(190 lbs.)
39,093
44.428
Toledo
2.50
Detroit
9,164
Cleveland
81. Louis
Peoria
l,6t:l
21,3.i3
4,811
Com,
(56 lbs.)
Oats, Barley.
Rye.
bush.
bush.
linsli.
(32 lbs.) (48 lbs.) (56 lbs.)
526.793 1,212.445
349,390
13,940
88,653 141,448
191,939
7,018
19,3.")0
68,400
10(i,393
331,610
1.600 161,770
203,473 00,729 17,753
24,385 41,065 11,620
20,117
459
8,791
8,543
10,400
2,700
74,220 22.447
9,342
68,000 27,000 20,180
Wlieat,
bush.
(60 lbs.)
bush.
Dnlutb
Total
..
....
120,741 1,284,018 1,939,671
410,388 165,534
68,354
Bame time '79.. 103,714 1,354,352 1,119,868 306,493 107,861 48,012
Total receipts at same ports from Jan. 1 to Jan. 10, inclusive,
fop four years:
1880.
Flour
Wheat
bbls.
222,010
1879.
211,422
bush.
2,596,659
4,259,874
800,V2«
2,634,896
2.409,261
310,6.54
132,142
217.408
111,596
8,100,055
6,092,099
Corn
Oats
Barley
Bye
Total Krain....
718,9;;8
Total receipts (crop movement) at the
to Jan. 10, inclusive, for foar years:
1878.
1877.
717,913
838,261
1,260,335
864,603
5,010
254
21,806 66,901
5,090 15 ,0»2
barley.
of grain, comprising the stocks in granary
at the principal points of accumulation at lake and -Sfaboard
ports, and in transit by lake and rail, Jan. 10, was as follows
Oats,
Barley,
Bye,
Corn,
Wheat,
* bush.
bush.
bush.
bush.
bush.
In Store at
420,101
7,792,320 1,378,000 ,557,009 555,857
New York ..
-~- 295,000 117,000 664,000
20,000
Do. afloat (est.) 1,072,000
78.500 329.000
72.000
56.400
Albany
19.358 320,309
52,170
719,933 1,249.270
Buftalo
8,308,996 4,407,416 1,124,309 781,480 265,561
Chicaso
4,22H,969
49,498 607,439 110,093
26,004
Milw.-iukec
116,000
Duiuih
42!600
449,445 106,315
"fioi?
1,180,705
Toledo
4,947
4,909
6.748
1,521,217
Detroit
"i'.hbo
2,500 620,000
280,000
490,000
Oswego
154,359 liiO,315
53,423
1,018,096 1,110,728
St. Louis
44,860
7,001
24J,130 191,072
196,765
Boston
4.000 182,4-'5
2,840
306,472
Toronto
9,.j0a
9,277
21,056
127,339
123,569
Montreal 1st) ....
300,043
038,880
Philadelphia
189.798 li2,4'25
4/293
59;479
9.043
Peoria
7.900
287.800 193,100
156,600
Indianapolis
'13,773
185,09.)
136,236
12,385
765,324
Kansas City
609,126
1,482,956
Baltimore
768.139 312,537
59,434
47,037
183,511
KaU shipments...
Lake shipments
(
'
Total Jan. 10,'80. 30,309,301 11,864,045 3.292,510 4,401,210
29,620,312 11,484,034 3.074,106 4,383,915
Jau . 3. '80
28,634,366 10,175,216 2,795,105 4,529.297
Dec. 27, '79
27,8."i7,589 9,307,730 2,672,165 4,669,584
20,
'79....
Dec.
28,688,559 10.079,363 2.612,661 4,730,815
Dec. 13. '79 ...
11,
9,230,185 2,611,380 5.041,315
18,585,413
'79...
Jan.
1,152,102
1,136,170
1,091,333
1,127.834
1,161,970
1,640,080
THE DRY GOOD3 TRADE.
FiiiDAY, P. M., Jiinuary 16, 1880.
The market
for dry goods has displayed a
little
more
ani-
mation the past week, and while the package houses continued
1,559,146
1,025,020 to make liberal deliveries of cotton and woolen fabrics on
1,204,419
2,668.120 account of former orders, there was a material!}' increased
3.'^9.420
505.683
203,440
258.254 demand for Spring goods by Southern and Southwestern buy74,036
129,456
Prints, printed piques, white goods, quilts, corded and
ers.
3,440,461
4,586,533 fancy piques, towels, &c., were severally in improved request,
same ports from Aug. 1 and there was an active movement in cotton hosiery and knit
underwear, There wa| also a more frequent inquiry for heavy
191,443
183,215
Januaky
THE CHRONICLE.
1880.]
17,
woolens by the clothing trade, and orders for heavy union and
all-wool cassimeres, suitings, cheviots, &e., were placed with
agents to an important aggregate. Prices remain very firm, and
some leading makes of brown and bleached cottons, prints,
Kentucky jeans, &e,, were farther advanced during the week.
Do.MESTic (irrroN Goods. The exports of domestics from this
port to foreign markets during the week ending January 13
were 877 packages, of which 377 were sent to (Ireat Britain, 107
—
76
Receipts or IieatfliiK Articles or VoaiesMe Prodace.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corre.sponding with the week for export*),
also the receipts from January 1, 1880, to that day, and for the
corresponding period in 1879:
Weekending Since Jan.
Honduras,
was only moderate,
but white goods, piques, quilts, and other fancy fabrics were Aslieg
I!(':ui8
Brown cottons ruled very firm, and several liii-adatulTs-fairly active.
Flour, wlieiit
grades of Atlantic sheetings were advanced Me. per yard.
C'oru meal
Wlioat
Bleached cottons were in fair request, and Lonsdale, "Fruit of
Kye
the Loom," and other popular makes of shirtings were marked
Com
OatH
up }^e. per yard by agents. Colored cottons, though inactive,
liarley and malt
I'iism
were firmly held, and several leading styles of cottonades, &c.,
Cotton
were further advanced. Print cloths ruled quiet but steady, at Cotton seed oil
I'liix Bticd
4%c. for 64x64's, and 4 7-16@4.^e. for 56!t60'8. Shirting prints Onuw
seed
Hides
considerable
transactions
in
medium
continued fairly active, and
Hides
and light fancy prints were reported by such agents as are Hops
prepared to show new Spring work. For ginghams and cotton Ijiiathor
Ixiad
dress goods there was only a limited inquiry, and dealings were Molasses
to Hayti, 122 to Brazil, 59
&e.
The demand
to Mexico, 50 to British
—
cassimeres,
and
in
this
suitings,
connection
cheviots,
some
the Fall
orders were
for
&c.,
liberal
placed with agents, but transactions were limited by
the meagre supply offered as yet.
Overcoatings were
in moderate request, but cloakings and repellents lacked anima
tion.
Satinets were in fair demand, and many of the most pop_
ular makes continue sold in advance of production. For Kentucky jeans there was only a moderate demand, but prices ruled
firm, and some of the best doeskin makes were advanced by
agents. Flannels and blankets were in steady request, but selec.
tions were almost wholly of a hand-to-mouth character. Shawls
and skirts remained sluggish in first hands and worsted dress
goods were lightly dealt
—
147
102
bbU.
1,135
2,307
1,998
week ending
corresponding weeks of 1879
1878.
Wool
Cottou
'
Silk
I
Flax
UUcuUaneous
'
Total
Pl£S8.
Value.
187«.
Pkgs.
J.
Value.
and
b'-jh.
bush.
bush.
busb.
bales.
bbls.
451
1,060
437
057
343
5-S
178,714
321,731
l,4=.l
28-*,83-.
794
153,259
73,555
2,943 1,016.097
Flax
HieccUancous
Total
Eut'it forcoiisumpt.
Total on market
.
.
1880.
Pkgs.
Vahic.
1,143
527
291,289
527,137
579,578
279,845
113,316
1„503 1,794,19.-
597
1,344
460
l,82S
702
235,(1 IS
3;IH,(JBS
S37,;2I
4 1 .0( 6
86.577
1
4.931 1.468,960
79
516
381
66.320
102.766
30,295
96
328
126
94,872
78.110
22,740
1,'.82
411,055
894
318,900
2.918 1,016,097
4,503
1,791,19.")
4,530 1,427,152
5,397 2.113,095
122
653
110,517
1,927
35,771
li:0.7S5
3 370 543.220
4,931 1,46,<960
8,301 2,012.180
ENTERED FOR WAREHOUSE DURING 8A.MK PERIOD.
MaoMtoviarus of—
Wool
Cottou
Silk
Flax
Miseellaiiuoug
Tot.il
258
429
124
565
I, 04 b
2,421
4,:i9»
607
1,455
4,877
4,005
1,382
745
2,254
11,541
8,702
3,000
1,307
165,958
2,599
6,000
12,405
15,08a
50
50
ISO
2,241
3.793
1,186
25
13,336
4,215
9,283
1,186
2,221
11,311
869
79,800
hluls.
bbls.
Tar
PitoU
.
bbls.
bbls.
bbls.
bbls.
bbls.
pkgs.
Oil oake...'
Oil, lard
whale
IVamits
Oil,
1,296,162
588,062
1.52,551
31,187
89,011
.•
640
157
25
21,197
11,233
bbls.
galls.
20
283
700
bush.
2,398
5,141
2,329
1,914
3,826
1,494
60,685
37,427
38,091
I'll) visions-
pkKSpkBS.
pkgs.
pkgs.
pkgs.
I'oik
Beef
Ciitnieats
Huttcr
Cheese
Eggs
872
& bbls.
33,465
22,610
22,651
5,884
7,532
kegs.
822
blils.
tcs.
I/iird
L-ord
Hogs, dressed
Rice
No.
pkg
slat
2,122
1,348
pkg
416
875
6
333
1,926
2,387
1,503
841
10,730
1,035
bbl
hlids.
Sugar
Tallow
Tobaeoo
& cases.
1,200
1,768
hlids.
bbls,
7,079
bales.
251
pkgs.
boxes
Tobiicco
Whiskey
Wool
10,450
945
55,178
38,075
19,718
4,854
37,246
1,662
9,719
8,671
19,975
3,750
1,569
3,552
1,348
Spelter
Stcarine
Sug.ir
366
896
3,800
1,960
409
3,565
3,472
3,512
1,167
11,250
2,947
Exports ol Leading; Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1880, to the sam; day, and for the corresponding period in
l'}79:
111,712
118,075
126
7S,.i91
95
537
140
121,888
29,496
4,50,762
391
eliding Sluce
59,854
99.606
95,652
10-<,331
26,026
93,511
76,109
58
681
298
51,1)17
154,19.1
14,541
Ent-M forconsuiiipt.
2,948 1,016,097
1,289
390,0 ;9
4,503 1,791,195
1 ,588
394.(i73
4,93 1,465.960
Total at the port...
5,372 1,172.859
5.792 2.181,264
6,519 1,!>63.633
1,
Since Jan.
1879.
10
1,
Ashes, pots
lilils.
liiils.
licoswax
Bioadstuffs—
.'lbs.
4,828
4,828
bbls.
bbls.
lueal
blils.
54,723
150
3,720
292,606
2,850
2,498
152,100
I'lour, r.vo
0,014
812,468
2,850
6,081
18,648
25,Sh72
13,021
wheat
Wheat
Kye
bush
Oats
bush.
iiailcy
l"u!W
bush
bu.sh.
bush.
bush.
Corn
Caudles
Co.il
;
199
1
4,43J
.333,900
132,400
738
30
37ij,59l
774,417
•167,653
685
3,562
2,703
1,504
4,272
2,142
1.264
7,224
9,293
1,064
2,058
Hay
bales.
bales.
Xav,al StoresCrude turiKintiue
Spirits tiui>eutiue
72,851
200
tou.s.
bales
Hops
55
pUgti
Cot ton
Duuiestics
pUf,'.i,
Koslu
bbls.
bbls.
bbls.
I'ar
bills.
Pitch
877
6,2.i7
1,497
3,073
3,012
240
073
"isi
"249
327
1,010
13
1,817
7,.581
75
bbls.
50
60
165
88
Oilcake
Oils-
cwt.
33.814
73,805
46,319
Whale
Sperm
pals.
gals.
gals.
gals.
gals.
40
470
60«
6,911,915
14,014,306
1,179,485
4,347
8,130
1,528
2,852
'7,304
l-ai-d
Liusee<l
Pet lolnum
ProvisionsPork
Beef
Beef
Cutmcats
254
297
Jan.
18.30.
Anht's, pearls
Com
wiTiioRAWN f;;om warehouse and thrown into tjie maeickt durINO THE SAME PERIOD.
Manufactures of—
Wool
253 106,602
175
74,629
295 111.G51
Cottoo
3IK 105.066
169
4-',549
373 121.49(i
Bilk
127,013
556
No.
bales.
bales.
sides.
plRS.
218,220
H.im7
084,576
11,418
024,500
6,728
303,920
111,467
110,196
4,800
43,860
3,010
25
0,586
8,041
2,684
2,729
161,473
327,351
bag8.
bugs.
Turpentine, crude
Turpeutine, spirits..
Koslu
Flour,
Id, 1S80.
I
•
1,105
300,126
0,068
711,402
381,362
81,685
15,187
39,823
Jan. 13.
ENTERED FOR CON8UMITIOS FOR THE WBEK ENUIXO JAN.
I
121,079-
Mils.
bblg.
Week
of dry goods at this port for the
Jan. 15, 1880, and for the
1878, have been as follows:
of—
1871>.
87
Importations of Orjr Good*.
Maniifiicturcs
Bloec Jaik
in.
FoREWN Dry Goods. The market for imported dry goods
has presented no new features, and business continued quiet
with importers and jobbers alike. Hamburg embroideries and
linen goods have received some attention, but there was a very
light movement in dress goods, silks, woolens and other foreign
fabrics, buyers awaiting the opening of new Spring importations before beginning operations.
The importations
1,
1880.
Naval Stores-
Domestic Woolen Good.s. The demand for light-weight
clothing woolens was mostly restricted to small parcels required by clothiers for keeping up assortments, but considerable deliveries of Spring cas.siraeres, cheviots, worsted coatings, &c., were made by agents in execution of back orders.
Clothiers have commenced operations in heavy union and
trade,
I
bblg.
bush.
busU.
Molasses
light in the aggregate.
all-wool
Jan. 13.
for staple cotton goods
Butter
Cheese
Lard
bbls.
bbls.
tlerees.
lbs.
lbs.
11)6.
lbs.
10.222
880
1,317
9,786,973
289,627
1,487,586
4,189,314
26',0!)5
18,6.58.477
618,778
3,320,427
5,821.263
31,603
789
1,354
19,525,792
778,066
2.306,471
^,925,371
bbls.
260
331
701
Tallow
IbB.
Tobacco, leaf
hbds.
Tobacco
bales and cases.
Tobacoo.manufactui-ed. lbs.
395,762
1,339
1,394
',177,189
2,628
1.716
129.420
4,124
127,500
12,504
2.165,305
1,218
1,923
463,638
Rii-e
Whalebone
lbs.
THE (3HR0NICLR
76
Bro's.,
HANKERS,
ExcbauKe Place, New Vorlc.
0.
GoTernmcnts. and all 8eStocks. RallrowJ Bon<l«,
bought
arUlM d««lt IB «t the N. Y. Stock Exchange,
margin.
«>d aold. either for InTestment or on
the dlsHkve been connected with mining since
Lode, and also
corery of the famous Comstock
which
In
VioMers In the celebrated Bodle district
••
et4vndard," " Bulwer." -Bodle.
«ra located the
telegrams
and other well-known mince. Letters and
exefrom these districts recelrcd dally. Orders
Kxcnange.
««t«d direct at the San Francisco Stook
PLATT K. Dickinson,
Mambers N.
V. Stock
C.
Exchange and
New
C^
BALTIMORE HOUSE
:
SI Sontli Street.
Ssreet.
S. H. DUNAN.
B. HOLMES.
Members Of New Ytri Stock Exchange.
&
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
Stock Exch'gc,
r A BUTTRICK, Member of theN.N.Y.
Y. MlnlngExch'ge.
WM.' EllTman, Member of the
Coleman Benedict & Co.
21
AND
S.
fiOVKRNMENT,
aiftotiable Sccurllle.?.
& Co.
Jtr. J.
M. Drake has boen a member of the
Kimball dr
Co.,
No
4 Exchange
Buy and
Co:%rt^
New
Sell #« Commission,
Mar^tHt
York,
Exckmngg,
/or Cash^ or on
StockSy Bondsy and all Investment
SeeuritieSy in lots to suit.
BOND AND STOCK BROKER,
333
MAIN STREET
(HILLS BLOCK),
OOR. OK
S
IM
,
WALL STREET AND BROADWAY
will
of
STOCKS and BONDS
for
P. O.
AM. Kidder.
T.
BOX
2.647.
WavlaxdTrask. H.J.Morse.
&
H. Latham
BROKEKS
Co.,
IN
FOREIGV EXCHANCiE,
17nltcd States, €11 Icaeo, Cincinnati, St
l.ouls, District of Colombia Bonds,
AND OTHER
SECURITIES,
INVESTMETHT
52
WILLIAM STREET.
J. H. LATHA.M.
Ewell
K.
&
W. Perry.
Maitland,
BANKERS AND BROKERS,
No. 58
BROADW^AY,
Boy and sell on commission
all
j
A SPECIALTY.
State, Municipal ani Kailway nondsand Coupons
Bold at best market rales. Investors or
dealers wishing to buy or sell are invited to communlc»5e with us.
,
„ .
York stock Exchange.
Member of the
bought and
&
Fisher
BANKERS
Correspondence
BANKING HOUSE OF
Norton'
liOUISVIIiLiE,
SPECIALTY.
Oonespondenoe soU«it«4
f(Uy
loriiieiieo,
uA
liUonaatioa cheer-
May
By
next.
,^
order of the Board,
J.
H. CHAPMAN, Secretary.
&
solicited.
51 Exchange Place,
BUYS AND SELLS
CHANOB A
ath of
R17STEESS
sell
H. W. Rosenbaum,
AI.L CLASSES OF INVESTMENT AND MISCKUiANBOCB SECURITIES NOT ACTIVELY
DEALT IN AT THB NEW YORK STOCK EX-
de-
,
chants, for duties.
Bonds and Securities of every description bought
and sold on Commission Orders, wilch have dlroet
personal attention.
Especial attention Is given to Investment Securities
of the higher grades, quotations for which are furnished as required.
W.
is
Securities,
Governments and Coin.
Gold constantly kept on hand for the supply of Mer-
G.
of Thirty per cent,
on the net earned premiums of the Company,
for the year ending Slst December, 1878, for which
certiflcatcs will be issued on and after Tuesday, tha
BALTinOBE, MD.
Fnrchue and
CASH
CtAILBOAD BONDS AND STOCKS.
A Dividend
2 SOUTH STREET
OpposttE Second St.
381,210 9*
Sons,
Dealers In Governments, Coin,
Investment
,
c'ared
'
And
;
1,529,259 74
of 1875 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
New
securities dealt In at
the New York Stock Exchange or in this market
also Mining shares.
Alex. Maitland.
J. N. BwELL,
Member of N. Y. Stock Exchange.
ASB BROKER,
New York City,
SOUTHERN SECURITIES
Wm.
619,034 50
Bills Receivable.'
Tuesday, the 4th of February next, from which date
The certiflcatcs to
all interest thereon will cease.
be produced at the time of payment and cancelled.
No. 14 Wall Street,
Buir and Sell Investment Securities.
pany, estimated at
Premium Notes and
The Outstanding Certificates of the isstie
at
BANKEi:
701,800 00
be paid to the holders
on and after
Tuesday, the 4th of February next. '
John B. Manning,
Transact a General Banking Business, Including
(he purchase and sale
ash or on margin.
New Yorlc
Bank and other stocks. $10,086,758 00
Loans secured by Stocks, and otherStock, City,
certificates of profits will
once for the above Securttlrs or they
b€ sold on commlFSlon. at elier's option.
Neiv York.
the following assets, viz.:
United States and State of
thereof, or their legal representatives,
Stocks
A SPECIA/.TY.
Cash paid
M
amount of Assets.TTr.TT... $13,3-20,463 16
Six per cent. Interest on the outstanding
Dealings In
Insurance
lias
4,ie«,034
Total
PINE STREET.
7
issaert npot:
aor upon Fire, disconnected with Murine, Risks
Premiums marked off from Ist January, lS78,to 31st December, 1878 ....
I.oe8e8 paid during Ihe
sa:ne period
$2,012,784 45
Returns of Premiums and
Expenses... t8S9,9Sa S3
CashinBank
Bailey,
b.
|^858,006 83
Real estate and claims due the Com-
Special attention paid to nvestment orders fOi
miscellaneous Stocks and Bonds.
E.
;
wise
HARTFORD, CONN.
New
since 1852, and will give peral attention toall business entrusted to the firm.
C^K ECo.
R
o£C
;
The Company
Blakeslee,
F.
B.
Tork Stock Exchange
BA
marked
1,818,697 36
been
policies hJ»ve
Life Risks
its
$4,009,309 47
policies not
let January, 1878
12 years memhtrtkip in V, Y. Stock
and BONDS,
and all other
ON COMMISSION.
<r.S.'lry 23, 187fl.
cember, 1878
Premiums on
BANKERS and BROKERS
New York,
St.,
on commission.
jr.
R.
STOCKS
»U Y and SELL RAILROAD
STATE. CITY,
U
all Bestock. RaHroad Bonds, Governments, and
dMlt In at the New York Stock BxchanRtf
maron
carried
or
investment
for
bSughtanrsold
York,
in conformity to the Charter of ths
Company, submit the following Statement of
affairs on the Slst December, 1378:
Premiums received on Marine RislvS,
from let January, 1878, to Slst De-
ciiritles
DKEXEL BUILDING,
22
Wall
New
The TroBteec,
STOCK AND BOND BROKEKS,
91 BROADWAY, NEW YORK.
Co.,
and
Co^
Insurance
Total amount of Marine Premiums.
COTTON COMMISSION MERCHANTS,
34 PINE STREET,
New York.
BANKERS,
Mutual
York.
M^g.yerN!'Y'!l'^o^c"kTndMlnl^n^^Ex^oag7s""-'"
BANKERS
jfames M. Drake
New
No. 2 Nassau street,
gin, strictly
BOBSKT
Dodge, Potter
AT L AN TI
Excbange
Buttrick Sc
Securities
Htucks, (ioTcrnments and Miscellaneous
twnght and sold on commission.
43
OFFICE OF THB
ST.,
Elliman,
BANKERS AND BROKERS',
BANKERS AND BB0KKB8,
YOBK AND BAtTIIttOKB.
J«BW YORK HOUSE
NEW
17
BUY, Sfxl and Carry on Margins
Y. Mining
&
Hollister
BROADWAY AND
All Secarltles dealt In at the
Dickinson
N
Co.,
HENDKB80S,
H. KIMBALL, J. P. HOWBLL. N. P.
Members N. Y. Stock Exchange,
68
Stock Exchange.
H. H.
NEW
Howard
&
Kimball, Howell
Dickinson
K*. 4J
Insurance.
FiuanciaK
Financial.
XXX.
[Vol.
&
Co.,
CAPITAL;|200,000.,
KENTUCKY.
&
Swan Barrett,
BANKERS AND BROKERS
200 Middle
Street,
PORTLAND, MAINE,
Dealers in Government, State, County, City and Railroad Bends, Bank Stocks, &c.
Desirable Inyestment Securities ceostantly osband
J.
Gharles Dennis,
D. Jones,
W. H. H. Moore,
Charles H. Sassell,
David Lane,
Francis Skiddy,
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
Lewis Curtis,
James Low,
Gordon W. Bamham,
Wm.
Sturgis,
Josiah O. Low,
Royal Phelps,
C.
A
Hand,
WilHam H. Webb,
Charles P. Bordett,
Horace Gray,
Edmund W.
John
Corlies,
Alexander V. B'.ake,
Charles H. Marshall,
Robert T. Stuart,
Frederick Chauncey,
William Bryco,
Peter V. King,
Horace K. Thurber,
William Degroot,
J.
Elliott,
Robert B. Mintnm.
George W. Lane,
James Q. DeForest,
Charles D. Leverich,
William H. Fogg,
Thomas B. Coddlngton.
A. A. Raven,
Benjamin H. Field.
D. JONES, President.
CHARLES DENNIS, Vice-President,
W. H. H. MOORE, 2d VicePresidenfc,
Jl.
a,
RAYSN,
3d YUe-PrwideaW _j'
Januaut
THE CHHONIOLE
17, 1880.]
Commercial
Insurance.
MARINE AND INLAND INSURANCE.
Cardit.
George A. Clark
&
Cotton.
Bro., Fielding,
Gwynn & Co.,
OFFICE OF THE
ORIENT
COTTON FACTORS
Mutual Insurance Co.
j|88Ct8, 3lBt
COMMISSION MERCHANTS,
December, 1S7§,
iniLAVARD«S HELIX NEEDLES.
400 BBOADWAV. NBW YORK.
$1,123,370 63.
TRUSTEES.
George Mosle,
Edwurd F. Davfson,
Henry DcB. Roiith.
£. II. li Lyman,
Henry K. Kunhardt,
Hu^h
Lewie Morris,
Chas. F. Zimmermans
Theod'ire Fachirl
C. L. F. K >8e,
S. Wilson,
F. Cousinery,
Carl L. Recknagel,
F.
Cay,
Kamsay Cruoks,
"AWNING
NEW
BTKIfKB."
till
inpply
WALTER & KROHN,
BanttnK Company.
Washlnston milN,
COTTON BROKERS,
I'OIl
<'Iilrn|ice ITirg. Co.,
Barllniit'tn 'Wuolcii
ONLY
C'u.,
E'lcrton fticwiUIIls,
Atlantic Cotton milx,
Direct Line to France.
SaratogaVlctory I»II}j. Co., vcean JTIlils,
AND
Hosiery, StalrtM and Draivers
The General Trans-Atlantic CorananyV
Mail iSteamsIiipg,
136
YOIIK.
BOSTON,
4.'!&45 White stuket.
15 CnAU.scEY Street.
PHII.ADKl.rillA,
J. W. DAYTON, 2H0 CuESTSUT Street.
Wm.
YOUK AND HAVUB.
COTTON BROKER,
AUGUSTA, GEORGI;C..
Entire attention given to purchase of COTTON o»
for SPINNERS and EXPORTERS
CORRSSPONDKXCB SOLICITED.
References :— National Bank of Augnsta. Georgliv
Henry Uentz & Co., Commission Merchant* Nrv
York; William B. Dana& Co., ProprieLors CoHxaa
CIAI, AND FlHANOIAL CBSOMICLX, and Other Nsv
splendid vessels on this favorite route for the
Continent cabins provided witii electric bells— will
sail from l*ier (new) No. 42 North Uiver, foot of
Morton street, as fuiiows
Wed.. Jan. 21. liS M.
OA.NADA. Franiiuel
Wed., Feb. 4. II A.M.
AMKHIOUK. U. Joucla
Wed., Keb. IH, 11 A. M.
KUANCK. Trudnile
I'lilCK OK PASSAIiK. (inciudini: wine;
To Havre— First cabin, $100 and $80; second cabin.
$55.
Steerage, $5W, including wine, bedding and
—
:
Yoilr Houses.
D.
:
CiTll
Atlas Mail Line.
close connection at
of the PaoiHc Steam
Company, beinK the quickest and mrist
service between New York and the west coast
itlon
of South America.
Bvery alternate Tuesday for
Kingston (Jam.),
Aspinwall. Ukkvtown, Colombia, Panama and
SorTH Pacipic Ports
Jan.SiOl
ALVO
Every alternate Thursday for Hayti
Jan. 22 ALPS
Eve~y three weeks for PoiiTo Kico
CLAKIBEL
Feb.
:i
:
Keb. 5
I
entry and redemption of lands and
fayment of taxes for nun-residents attended to.
niormatiou as to value and local advantage of
lands furnished. Our Held of operation embraces
the States of Louisiana and Mississippi.
ARRAV
|
Locomotive
Works,
MANUFACTUKKRS OF
Locomotives and Amoskeag Steam
Fire Engines,
MANCHESTEU, h. M.
W. «J. MEANS,
ARETAS BLOOD,
Superintendent,
N
^ aiichfiHt^r
14
T-flannrer.
-*
jf
w.tar
.TrR,.t.
uostoD
& METALS.
Philip S. Justice,
SOUTHAMPTON BUILDINGS,
Cbanceiy Lane,
GOLD MESAZ.,
I
•
throughout the toortd,
I
I
Joseph Gillott
& Sons,
New Tark.
COMMISSION MERCHANTS
NASHVILLE, TENNKSSEB.
Old or
New
dpondence
WORKS AT
OIUENT, L.
The
'ElTREKA"
"OKIBXT."
I
Atlantic
&
Virginia
Fertilizing Co.
OFFER THEIR STANDARD BRANDS
'•EXJItEKIA."
Ajimoniated Bone ScPERriiosruATK of Luia^
AND
"ORIKNT COMPLETE MANURE,"
And want
a good working agent in every thrlvlnc
Apply (with reference) to
CREKSHAW^,
Pres'l,
CRENSHAW WAREHOtSE,
Richmond,
Ralls,
Fig Iron,
Sbeets,
X*
Ores and Metals
Vtt^
HE
UTUALLIFE
cenerally, with use of his cable code for terms and
q^iotatlons, and 35 years* experience in EngHsh
Metal Marlcets.
Terms and references given on direct application,
or through J.
MITCUEIX, 14 No. Fifth
Street, Philadelphia or A. T. CHUR,78 Broadway,
UOWAKD
New
Cor
solicited.
Kkfkkknces.- Third and Fourth National Bask
ano Proprietors of Tub CuRONlCLK.
AV. G.
The advertiser oflTers his services (Btrtctly on commission) to large buyers of
FARTS, 1878.
1
Co.,
cotton-growing county.
LONDON, ENGLAND.
Bis CtUbrated yumttrs,
303-404- 70-35 -332,
ttndhit other Blyltt may be had of all dealert
&
F. Wheless
COTTON
John
Special attentton given to Spinners* orders.
RAILS, PIG IROBf
^M Wtm*
York
niANCHESTER
ARDEN
KOK
Orders to Purchase Cotton In oar market 8olloll««
Refer to Messrs. THOMAS J. SLAUGHTKK Hew
sale,
:
y three w»»eks for Makacaibo (direct)
(aboi t) ..Feb. 1
(about^ .Feb. 21
£u e'i T acccmm -dation for flrst-class passengers.
1 or fre ffht o. pan tine apply to
PIM.
.VOOD & CO., Ajrenta.
No. 37 Wall Street.
Co.,
& Real Estate Agents,
VICKSBURG, JniSS.
Jan. 29
Kve
Co.,
VICKSBURG, MISS.
Engineers
Pnrchaae,
Panama with the steamers
ANDES
&
A. L. Pierce
Agent, 55 Broadway.
ETxVA
New York.
No. 11 Old Slip,
Keturn tickets at very reduced rates, available for
twelve months.
For passage and freight apply to
LOUIS DE BEBIAN,
W. Lamkin &
Cotton Factors,
utensils.
:
Felix Alexander;^
ORDER
BJETWEBX
direct
PEARL STREET, NEW YORK^
t'rom Various Mills.
NEW
Our Aspinwall steamers form
ratai*
DellveiT.
Widths and colors alwayi In itoct.
all
AfiKNTS
!>leum§lii|>§.
NaviK
YORK.
Special attention given to the execution of ordst*
COTTON BROKERS,
S3 BEAVER STREET, NEW VORK«.
No. 109 Pnana Street.
E.R.Mudge,Sawyer&Co Geo. Copeland & Co,^
CJulted States
A
CHAHLES IRVING, Secretary.
•ANTON METZ, Assistant SccreUry.
NB«y
Foulke,
Also, Agent*
EUGEME DUTILH. President
ALFRED OGDEN, Vice President.
^he
&
Y.
IW.
or the purchase or sale of Cootracta for
kind! of
•
Guytav Schwab,
George H. Morgan,
L. M. Calvocoresai.
Arthur B. Gravef,
H. L. Chas. Kenauld,
all
COTTON CANVAS, FKLTINO DUCK, CAK COVER
IJiG, BAGGING. HAVENS UUCK, SAIL TWINK8
4C. " ONTAKIO SEAMLKSS BAGS,
Wm
Jr.,
Carl Victor,
COTTONSAILDUCK
And
streot,
COMMISSIOIV nERCIIANTfiu
131 PEARL STREET,
Co.,
Uanuf&ciarers and I>eal«ra In
Henry E. Spragtte,
John Welsh, Jr.,
AuchincIoHs,
Lawrence Weils.
William f'ohlmiinn.
Alexander 1Ianii]t"n,
Oonstantin Merehs,
W.
&
Walter Watw",
Frnesto O. FabbrI,
Bennet
Turner
Brinckerhoff,
M
Liwrencfi,
Ji.hn D. Dix,
Charles Mnnzint^er,
Alex.
140 Pearl
INSURANCE
;
COHM
OF NEW YORK.
Yori£.
F.S.WINSTON PRESIDENr
APPROVED DESCRIPTION OF
,
Of StII'EKlOK K.NOLIMH .MAKE. HO
Samples of our leading styles, for
trial, inciudinj; the famous
U"
and " KAI.('()N Pens, by mail, on
receipt of liu cents. Ask your Stationer for PEIIUY'S PENS.
v<gaii,J{lukcma>i,inyiiir&C
''
'"
.Sole
Auciitafor U.S.
New TORK.
ISSUES EVERY
LIFE AND
ENDOWMENT POUQES
ONTERMS AS FAVORABLE AS THOSE OF
ANY OTHER COMPANY.
ORGANIZED APRIL
IZr.H
|842.
c&sHMisoYER^aQmooa
IHE HRONICLE.
[Jakuabt
(
&
Woodward
Stillman,
BKAMKN'S BAKK r^lUlINO.
Nm. T4
*
dSNERALCOXXISSION MBflCHANTS
^OANS nADE ON ACCKPTABI-K
8ECCBITV.
I
INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,
T6 Wall «reet,
NEW YOUK.
i4b«r*
Insurance.
Cotton.
Cotton.
Cotton Exchange BnUiUng,
York.
SOUTHERN SECURITIES.
Co.,
QENBR AL
St.,
Almy &
(Successors to
New
Tork.
Adrancea made on Conalxnmenta to
UleMn. JAinES FINLAY & CO.,
UVERPOOL, LONDON AND QLAovl.
.
Also ezeouto orders for Merchandise through
neMrs. FINLAY, nUIB Sc CO.,
CALCUTTA AND BOMBAY.
rOTOBK CONTRACTS FOR COTTON bought
New York and Liverpool.
KI8CHKB,
H. W.HANKMANN,
CLKMKNS
WlLMOHB.
and aoM on Commlssiun
late
In
8on of J. T. llanemann,
of Knoop, llaoemann St Co.
Mohr, Hanemann & Co.
COTTON BROKERS,
STBEET,
NEW
GRAY &
CO.),
&
OB-
Schroeder,
COTTON COMMISSION MERCHANTS,
111 Pearl Street,
Spoolftl attOQtlon paid to
New
made on con-
Mtninenta.
E.
Jemison & Co.,
BAN KEBS
S.
COTTON COMMISSION MERCHANTS,
No. 10 Old Mtp, New York.
MOODT & JEMISON, Galveston,
Waldron
(Soccessera to
&
9T PEARL STREET,
BROOKS
ft
NEW
H.
all
of tbe
Co.,
in the
54,185 91
Premiums due and uncollected on
LKHX \H, DCSH ft OO
Co.,
New C'.'leans, La.
CHAS.
H.
J.
A
LEHMAN BRO'S,
Cotton AND Factors
OF HARTFORD.
Total Asaete, Januar;
or to our correNewgass ft Co.
AOOO
...
Receive consignments of Cotton and other Producp.
and execute orders at tlie Kzchiin^ea In Liverpool.
Represented in Hew York at the olllce of
BABCOCK BROTHERS ft CO,
60 Wall Stbxit.
Tames F. Wenman & Co.,
COTTON BROKERS,
ho. 146 Pearl Street, near W^all, N. \,
1841.
losses, etc
Miscellaneous.
Wire Rope.
AND
STEEL
IRON of
North
&
British
Mercantile
Co.
Ins.
LONDON AND EDINBURGH.
United States Board of Management,
NEW FORK
:
SOLON HUMPHREYS, Ch'r'n.(B. D.Morgan & Co
DAVID DOW8, Esq. (David Dowa & Co.)
B. P. FABBIU, Esq. (urexel, Morgan & Co.)
Hon. 8. B. CHITTENDEN.
EZRA WHITE. Esq.
J. J.
ASTOK,
Esq.
MANAGERS,
OfUce 54 W^llllam St.,
New
Liverpool
&
CHARCOAL
BOISTING PURPOSES, In
cllned Planes Transmtsaion
\of Power, ftc. Also Ua
]ran*.^ed Charcoal and BBto
ihlpa' Klgglng, Suspension
UerrlckGuya.FerrJ
f linages,
A large stock
KopeB, Ac,
constAntly on hand from
wiilch aur desired length,
London
{
York.'
& Globe
Insurance Company^
,'
45 Willia7n St,
KLAT STEEL AND
are cut.
IRON KOPKS for MInlPi
purposes manufactured to
York.
4,868.683 89
OF
snperlor quality
suitable for MINING AND
Farley,
Advances made on Conslgamenta.
00—
251,499
CHAS. E. WHITE, SAM. P. BLAGDEN,
YORK.
New
3,90».
00
85
I,»>i7,189
NET bUR"LUS, Jan. I, lff;9.. $2,045, 458 94
No. 3 Cortlandt St., New York.
JAS. A. ALEXANDER, Affent.
pondentfl In Liverpool, Messrs. B.
and Messrs L. Rosenheim ft Sons.
B.F.BABCOCK&CO.
16,914,147 79
1
Capital
J.
JOHN W. KIASON
Sc CO.,
43 Broadivay. Nenr York.
E.
PUESFORD,
Resident Manaoeb.
133 Pearl Street,
Box
been de-
Company
Insurance
order.
O
las
demand.
iETNA
Unpaid
%rdS7S execited at the Cotton Exchanges In Now
York and .^oerpol aad a4veAesi made on Cotton
J.
COTTON FACTORS,
COMMISSION MEaCHANTS,
F.
President.
Secretary.
FIVE PER CENT
Dividend of
Re-insurance fund.
EZCHANGB PLACK,
New York.
as,
MARTIN,
J.
WASHBURN,
,
Montgomery, Ala.
and other produce consigned to
0,507 33
IS.410,988 11
clared, payable on
LSHKUr, J ZBAHAM A
poli-
cies Issued at this ofBce
Total
Orders for Spot Cotton and Futures promptly exe
outed
.
FINANCIAL, AGENTS,
1,320,785 50
$6,410,988 II
Bonds and murtKages. bfting first Hen on
1.866,663 00
real estate (worth $4.171,400)
United States stocks (market value).... 3,184,125 00
200,702 50
Bank stocks (market value)
237,859 50
State and municipal b'ds (market value)
Loans on stocks, payable on demand
418,870 00
(market value of securities »843,69«)..
54.870 OB
I nterost due on 1st January, 1880
154,114 87
Balance in hands of agents
COTTON BROKERS,
IIT Pearl Street, New York.
ITIERCHANTS,
Future ordera promptly oxecutod.
&
Texas.
248,764 81
Ileal estate
&
Perkins
Tainter,
NOURSE
GENERAL COTTON
H. W.
J/w.inis
ilt
established <ln Tontine Building)
AMD
00
1,841,433 00
Cash ABseU
17 Water Street,
the execation of orders
Liberal advances
STREET,
IHASS.,
COMMISSION MERCHANTS,
LIVERPOOI.,
York.
for the purcha£-e or sale of contracts for future dellTOr/ of cotton.
WATER
Agencies for the purchase of Cotton
principal Southern Markets.
40
DKBS FOR FUTURE CONTRACTS.
GILLIAT SCHROEDEB.
Hehbt H. WARB.
Ware
No. 96
BOSTON,
YORK.
Special attention Klven to the execution of
$,'1,000,000
Reserve for Ke-insurance
Reserve for Unpaid Losses
NetSurplus
United States, available tor the PAYof LOSSES by FIRE and for the protection of Pollcy-Holdera of KIKE INSURANCE:
Cash in Banks
$233,299 29
Co.,
conimssioN iherchants,
123 PEABIi
BROADWAY.
OFFICE, 119
Fifty-Third Semi-annual Statement,
SHOWINO TUB
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY. 1880.
MENT
connissioif rasBCHANTS, COTTON BUYERS AND BBOKEBS,
8 South William
NEW YORK,
OF
Held
&
Company
Insurance
SVnmiARY OF ASSETS
ot eoton.
Henry Hentz
HOME
CASH CAPITAL
LOANS MADE ON
dT»ncei nude on CoDsIgniiienU.
Bpaolal attention paid to the execution ot orders tor
ilieputsliaa* ora&la ot oontraeu for tntore dellTery
New
101 Pearl Street,
17, 1880.
FOR RREAKFAST
L^ontinercial
H. Tileston
COTTON,
«8
Orders
STOCKS,
WILLIAM STREET,
In "
&
BONDS,
NEW YORK.
Choco
ice.,
&
a
t
Union
COTTON
In Store.
17,000,000
PARIS.
LONDON,
ALFRED
POUNDS.
NEW
Ins.
Ca
(OF LONDON),
Co.," ANNU.il CONSUMPTION EXCEEDS
MERCHANTS AND BANKERS,
BBOAD STREET, NEW YORK,
Uberal Advances mads on
I
Menier.
Futures" executed at N.Y.Cotton Exch.
R. M. Waters
C4
Co.,
PELL,
Resident Manager,
YORK.
3r
&
39 Wall Street
@FedFRASER