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xmm
v^
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
L'2
YORK, JANUARY
I
22,
Flnanoial.
Financial.
Anglo-Californian Bank
National Bank-Note
(mCORPOBATZD NOVBMBEB,
No. 1
WAU.
Co.,
1889.)
Oaitod States Bonds, Notes, Ciurreiioy
and National Bank Notes.
ENORATiKa AKS Pbintino or
BANK-NOTES, STATU AND BAILBOAS BONDS,
POSTAGK AND KEYENUB STAMPS,
OSBTI?IOATi:S,DBAI'TS, BILLS OF EXOHANOE,
AND COMMEBOIAL PAPEBS,
In the highest style of the art with special
This Company engraTos and prints bonds, postage
Tarions foreign
Institntiona—South
for
etc.
Cotntnunieations may h» addretted to thit
C^fnpamff in any language,
ANTWEBP, Pre8>t.
nACDONOUGH, Vlce-PresH.
A. D. SHEPAKD, Treasurer.
J.
J.
B. TAN
rSO, B. OCBBISB, Seoretanr.
& Co
N. L
LIENTHAL.
BROAD
ST.,
1
Securities bought
New York Stock Exchange.
We give Special Attention to State,
City, County and Town Bonds, and
Necnrltlea of defaulted Ballroads for
wblcb there is no regular iHarket.
and
sold at the
QUOTATIONS FURNISHED.
A0SUBTVS
J.
Aug.
tV
BROWir.
J.
1,55 0,000.
Cathlor.
&
Bros.
Co.,
BANKEBS,
Nassau Street, New York,
Isaae Bills of Exchange, Travelers* and
Credits, available in the leading cities of
the United SUtes.
Make Telegraphic
Trnusfers ol
money on Europe
and Callluiula.
Deposit accounts received on favorable ter
We give special attention to the Investment of
money, upon mortgages on Improved Beu Estate In
Chicago und vicinity, glvlna t-: capitalists, availing
hemselves of our lerylcei, safe and profitable invesu
ments.
S.
&
King
Co.,
BANKEBS,
in ail
paru of the world.
BANKEBS,
liibertr Street, New
BPKUIAL ATTENTION GIVEN TO THE NBOOTIA
TION OF
BAILBOAIt SECVBITIRN.
Charles G. Johnsen,
Make
Collections on
a:i
Points.
Receive, Deposit
General London and Foreign Banking Business.
KING, BAILLIE
CO., Liverpool.
KING, KINO tc CO., Bombar.
KING, HAiniLTON & CO., Calcutta.
Sc.
McKim
Brothers
& Co.^
BA.NKEBS,
lleiw
Tork.
BANKERS AND BROKERS,
ST. LOUIS,
mo.
DEFAULTED MISSOURI CODNTr, CITT AND
TOWNSHIP BONDS MADE A SPECIALTV.
ALSO.
RAILBOAD BONOS, STOCKS, MISCELLANEOUS
AND LOCAL 8BCUBITIKS, ETC.
Our long experience In above class of Securities
enables us to be prepared to make cash bids by wir«
to parties giving full description.
&
W.
F.
Gilley, Jr.
Co.,
BANK1CR8 AND BROKBRS,
New Tork.
Box 4259.
Order sin Oovemment Secnrltleo, Rallvgy Shares
and llODds, executed BtrLctly ou Coraniluluii, at the
New Ycrk Stork KxchauRe.
Particular attention nalil to Inrestments.
Forelfrn
Fxchange BooKht and Sold. Deposits received sub*
cbeck, and Interest allowed on dally
Ject to BlKlit
balances, according to ttio nature of the account.
Prompt attention given to Uolleciiooa and liemlttances. laforinattuacwticerntuj; ai y Bpectfledtecarlty
will be oheerlully furnished without charge.
F.
W. OlLLKY. Jb^
K.B.G1LI.1T.
Member M. Y: Stock Bxchange.
J. N^KLSOV Tappam, Special.
John Munroe
&
Co.,
No. 8 Wall Street, New York,
No. 41 State St., Boston.
CHRQUES AND CABLE TRANSFERS ON
.Andrew Stuart & Co.,
niONROK 4c CO., PABI8.
BANKERS,
STERLING CHEQUES ON
34 PINE STBBET, NEW YOBK.
ALEXANDEBS, CUNLIFFES *
DRAW EXCHANGE ON
DAVID STUABT
ic CO.
Pavable In London.
Liverpool,
Advances inade on Consignments.
Amy &
Co.,
MERCHANT AND BANKER,
BANKBKS,
166 GRAVIER 9TRBKT,
10 Sc 31 Nassau Street, New York.
TRANSACT a general banlrlng business,
LA.
CORRESPONDENTS.
Loxn N— London Joint Stock Bank.
Pabi 8— Messrs. A. & M. Heine.
Naw ToEB— The Banker New York, K. B. A.
San jtb AMOiaoo— 1 he Baak of California, and The
Nevada Bank of San Francisco.
P. 0,
and Current Accounts on favorable terms, and do a
H.
NEW OBLBANS,
Sterling and francs bought and sold.
for ose against
Execute Orders en the London &tock Exchange.
4T Wall atreet,
York.
m
64 BROADWAY AND 19 NEW 8TRKKT,
COMMEBCIAL CREDITS
Consignments of Merchandise.
WALSTOK H.BBOWH.
Brown & Son,
Transacts a General Banking Business. ColleeUoLa
msde free of charge.
Especial attention gl en to Collections, and Prompt
Remittances made. Exeliange purchased on all points
the United States and Caoadj.
Commercla
Europe and
45 Pall nail, London, Ensland.
Issue CIRCULAB NOTES fr*t:<if charge, available
NEW YOBK.
Qovemment
-
O. Duri;T,
Cashier.
(KOBMEaLT LouisiAira Statx Bank.)
Co.
$8,000,000.
(COBHiB OF Wall Stbbst.)
CHICAGO HOUSE: HENUr OREENEBACM * CO
Orant
Stocks, Bonds and
I,,
State National Bank
OF NEW OBLEANS.
St.
-
Greenebaum
,
STOCK BH0KEB8,
30
£
foN^Al^ frgmrfART,iM«'»ger..
1".
Henry
Kdward C. Fox
Seligman
Transact a general Bauklog bu»iueas. Issoe Commercial Credits and Bills of Exchange, amllable in all
parts or the world. Collections and orders for Bonds,
Stocks, etc., executed upjn the raott favorable terms,
tttfe-
fvardt dsTlsed and patented, to prevent counter
teitlog and alterations.
American, European, West India Islands, Japan,
& W.
Ageuta, J.
Antborlzed Capital, •
Paid-up and Bcserve,
or tbs
tampa and paper money
GoTemments and Banking
Caaa.
Capital, $850,000. Limit, $1,000,000.
(LIMITED).
LONDOV, Head Office, 3 Angel Court.
SAN FBANCIHGO Office. 432 California
NEW YOBK
STREET,
NEW YORK.
xirsBjLTZBs
Kbnxbdt,
Pre ideut.
THB
652.
Financial.
Sah'i. U.
OXnCE,
NU
1876
DB ^ L in Investment securities.
BUT all descriptions uf UNCURRKNT Bonds, also
Bonds REPUDIATED byCITlEd and COUNTIES.
CO.,
London.
SIXTY DAV STEKLINO ON THE
CONSOLIDATED BANK, LONDON;
CIBOOLAS
Norn axd
Sherman
CaxDira roB Tsatblbbs.
&
Grant,
BANKERS,
WASHINGTON, D.
C.
PABBWe BBBUHM.
eSHBBAI. EXCBANeS AKD AfJ,
PDlBTa.
COLLBOTIOSS Oil
:
.
[Januiuy 2i,
fHE CHIIOJVICLP
Financial.
I iaanciaL
Financial
&
Drexel, Morgan & Co., Adolph Boissevain
WALL 8TKKBT,
BANKERS
fORNKK OF UBOAD, NEW
&
Drexel
No.
SI
Co.;
SocTB Thibo
i
81
St.,
AMSTERDAM, HOLLAND
Paris.
Buy and
Mak
Depoilts tecelved subject to Draft. Securitlea.OoliI,
*r., Bought and sold oil t.'otnmlBfclon. Interei-t ftilowed
CD leposlt'. KorelK" hxi-Uaupe. Coinnierrlttl C'etlliB.
Circular Letters for iraTclers,
r»ble Iraiisfirs.
available lu all partaor the world.
Attorxcys aku Aoikts or
nenar*. S. S. inOBOAN & CO.,
No. ti OLD BRO.\D ST., LONDON.
on Coinn.lsalon American Securities
otl er Continental Marketi.
Coll ctiona throighout the Continent
'
St.,
AND
BROOKLYN BONDS.
BUY AND SELL ON COMMISSION
RAILWAY STOCKS, BUNDS & GOLD.
INTERE!«T UN DI.POSITS.
WASH'N
R.
BLA.OX.
J.
""/UDEIPV^^
G. C. Ward,
ASXKTa roi
I RING BROTHERS 4c COnPANY,
53 WALL STHKET, NEW TOBK.
S8 STATB 8TRJHT. BOSTON.
Brown
Agents for the
Bonds
Brothers
&
&
Grant
Company,
BANKERS AND BROKERS.
WALL STREET.
No. 38
TRANSACT A GENERAL BANKING BnSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
B.
SUTOAH GaUtT,
JOHS
O. BT.
YORK,
;
sale of City, C'onni y,
and Railroad
Issue Letters of Credit for foraiga travel
BObTGN,
Pearl Street.
70
&
GOSSLER
suce street
HOUSE IN EUROPE,
JOHN BERBNBERG, GOSSLER ic CO
HAKBUBQ*
Wiliiam
John Ewin, Jb.,
P.
Tuttle,
EWEN & TUTTLE,
Interest allowed
WALTER WATSON, .„„„».
'figente.
33 Lombard
M. K. Jesup, Paton & Co.
BANKERS,
No. S3 William Street,
New York.
Accounts oi Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Drafts at
Sight.
Advances made upon ConslgnmentE to our address
or to our Correspondents n Europe.
Investment Securities Bought and Sold.
G. Amsinck
&
Co.,
New York,
CLIMITKD). -LONDON.
FOREIGN EXCHANGE AND GOLD
54 Wall Street, New York.
(P. O.
BOX
BANEBBS,
Issue Letters of Credit for Tiarelcrsi
Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exchange and make telegraphic transfers of money on Europe and California.
&
Co.,
6 Broad
SEW YORK,
Street,
stocn. Bonds, Gold and Miscellaneous
35
Wood &
Se^u.-ltlee
Ball or telegraph carefully attended toj
Davis,
BANKEBS,
NEW YORK.
PINE STREET,
31
GOVERNMENT BONDS, STATE, MUNICIPAL
AND RAILROAD ShCUKITlES BOUGHT AND
SOLB ON COMMISSION.
C. D.
Wood.
S. D.
Dams.
CH ARIiES OTIS,
47
EXCUAHOE PLACE,
City Railroad
Specialty for 10 Yearo.
**
Local Securities' In this paper
Levy & Borg,
63 Exchanse Place,
IN
ALL KINDS OK
»OI;tHERN and miSCELLAAEOIS
SECITBITIEB,
Lichtenstein,
BANKERS,
Broad Street, New
York.
MakaTelegrapIilc Money Transfers.
Draw Bills of Exchange and Issue Letters of Credit
OB all principal cities of Enrope.
SPECIAL PARTNEI'.
DEUTSCHE BANK, Berlin.
MEN AND IDIOMS OF WALL STREET
Is a new Ti page book giving the highest aud Iciwest
prices of stocks for ISyears, complete list of defaulted
railroads. Black Friday, sketches of leading operatoia, and the method of dealing on small sums of
money. Copies sent free I o an> address, Oioers for
stocks and fcto-^k privileges executed by mall aud telegraph, colJections made, money Invested, and Infor
mation g
and Gas Stocks,
BROKERS AND DEALERS
on commlaslon. Orders by
&
Com
bills.
See guotattoDB of
BANKERS AND BROKERS
Knoblauch
2,B<I.)
Special attention paid to the negotUtlon of
marotal
St.
59 EXCHANGE PLACE,
CORNER BROAD STREET, NEW 1 OKK.
strictly
Accoants received and Interest allowed on balancai
vhloh may be otieoked for at sight.
deposits.
INGRAM,
J.&W. Seligman&Co.,
ought and sold
on
(
&
Securities, Gold, Stocks
aud Bonds
Bought and Sold on Commission, and
BROKERS IN
Exchange bought and so'd. Commercial
redlts granted. Drafts on Canada Issued, Bills collected, and other Banking business transacted.
Nos. 4
SOTOrument
160 Pearl Street,
Bills of
Gargiulo
of
;
Hilmers, McGowa n & Co LONDON AND HANSEATIC BANK,
..... $9,000,000 Gold.
..... 8,128,636 "
LONDON AGENQY,
made on consignment
Cotton and Tobacco to our address also to ourlrlenos
In Liverpool and London.
AOBNTa FOB TnB
or
Canada,
UTAItl. STREET.
J.
EXCHANGE COVRT.
Draw Exchange on Union Bank of London.
THBT ALSO IS80E COMMEKCIAL CRBDIT8, Member stock & Gold Ezch. Member Stock Exchange
MAKB CABLE TBANSFEBS OF MONET BETWEEN THIS COnNTRT AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BANKERS AND BROKERS,
BBITAIN AND IRELAND.
No. 63 Rroadwar and 31 Neiv Street,
AGENCY OF
Buy and sell Stocks, Bonds and Gold OD eomnlaalon
WM.
MERCHANT
Co.,
Bank of liambnrKand
London, (Limited.)
Bank
Co.,
5c
COMMISSION
A&BNTB FOB
vforld.
Merchants'
AND
Liberal caah udvaneea
BHXVISIiV.
International
of repayment. Circular Credits for Travelers, In doUan
for uie tn the United States and adjacent countries,
and In poutida sterling for use In any part of the
R, T. Wilson
BANKERS
3
Street.
LOANn NEGOTIATED.
NEW YORK,
Co.,
No. 59 AVAI.I. ST., N. Y.,
Co.,
LONDON CORRKSPONDKNTS
134
Issue, against o«8b deposited, or satisfactory guarantee
Capital,
NEW
CITY BANK, Tbreadueedia
G &
Paid np,
&
corporations and Merctaanta.
;
AND DBAW BXCHANGK ON
MoBTON, KosB & Co., - London.
HOTTINGUEB & Co., - - - PaEIS.
HoPB & Co., - - - Amstbbdam.
63
MACK-'VY,
A. FlSU.
Receive the accounte of interior hanks, brnkcr?,
;
S.
DONALD
LATHAM
PINB STREET,
J7
Money
|
Winslow, Lanier
N. Y.
an4 Letters oi
Credit for Travelers; also Commercial
OreditB available in all parts of the World,
Negotiate First-Class Railway, City and
State Loans Make Telegraphic Transfers
it
I
BANKERS,
Notes
Cirealar
Issae
VERMILYK.
nOWZLL W. BIOKLKT
WILLIAM
\ork.
SECURITIES.
YOr.K CITY
JAS. A. TliOWBKlOGK.
Morton, Bliss & Co
Bankbbs, 3 Broad
NEW
oi
Make Paymonts on Letters or Credit to Travelers
and transact a geneni American Banking Bualiess.
Refer by special permission to Messrs. Blake
Urol hers & Co., Boston and New 1 ork, and to Messrs
S. ft W. Welsh. Philadelphia
New
16 and 18 Nassau sfeet.
Europe.
SDMITKD D. ItAyDOLPB.
CO.,
DEALERS IN ALL ISSUES OF GOVER.NMENl'
Holland and
In
DOMESTIC AND FOBKIGN BANKKBS
Sell
VERMILYE &
BAAiKERS,
COnniSSION ItlERCMANTS,
BouleTard nauisminn
Phlladeiplila
Co.
YOIIK.
Drexel, HarjesA Cv
iS'iG
en by
JOHN HICKLING &
Bankers and Brokers,
72
Tumbridge
CO.,
BROADWAY,
&
N.
Y
Co.,
BANKERS AND BROKERS
2 W^all Street, New York,
Hay and Sell Stocks on Margins or for Cash
PUTS and CALLS negotiated at the lowes
m-'.iket rates; $50 for 50 shares, $100 tor
100 sbares. Thirty-two paRC explart tory pampblet maUed ob application')
'
January 22, 1876.]
IHE CHRONICLE
Fiuanoial.
Financial.
Chew,
C.
J
iii
H. C. Williams
DEALER ly
and
Co.,
Onoxtnr.tD
'''"•
nT.c.,,.2.« (
RAILWAY BONDS.
receive personal attention at the
FINANCIAL AGENT OP THE CITY OP HOU8TON, TEXAS
CENTENNIAL COMMISSION-
llNITBD STATES
ER PKOM TEXAS.
OFF
39
U K8
I
Burl. C. a.
:
BONDS
and
undersigned
hold
SALES
of
REGULAR AUCTION
all
classes of
STOCKS AND BONDS,
WEDNESDAYS AND SATURDAYS.
ADRIAN H. MVLLER &
KEV
PINE STREET,
and October.
Principal due 1805.
FOR SALE BY
DANIEL A. nORAN.
^
cons
Ist,
56
30
6!
68
6S
84
Si
!»
S3
5
ID
33
5t
85
au
9i
75
Evansvllle T. H. & Chicago, Ist
Grand Kaplds *Indlaua,lst,c G. guar. ...100
'*"
'"• Ei- L. O. . . 50
,.
J.
„ ^'L
Indianapolis
B. * Western, tst
do
do
2d
10
do
do
1st, Extension.. 15
International Kli.. 1st
jg
do
Stocks,
GAS STOCKS,
Noll
No.
16
,
U
17
m
I2
47
41
41
2j
3»
20
8K
...
§1
88
it
12
Peoria
_„.,
u
...
53
10
T.
1st
St. I.ouls, 1st
1st
Southern Minnesota,
Joseph* Denver
It
jo
7
2d
& Kock la'and Ist
Huron & Lake Michigan,
15.
15
89
Ist
do
do
Northern PaclHo, 7 3-iOs. Ist
do
n-gktered
*
80
78
70
68
II)
45
City, Ist, E. I)
.'..'
g
50
IJ
7
17
as
83
40
is
4
is
13
58
17
FKED. C. COLTON.
Cooke & Colton^
BANKBRS AND BROKBR8,
44 BROAD STREET,
NEW
YORK.
Blocks, Bonds, Gold, Foreign Exchange and Miscellaneous Securities bought and sold stHctly on
Commission.
Martin Lewis,
Room 3.
43
PINB
10
in
„.
!,"
SEVEN PEE CENT lEN-YEAB BONDS
County Bonds.
TIMB LOANS NEGOTIATED.
llefers by permission to Messrs. M. K. Jesnn,
& Co., New Vork; Messrs. Soutter Co.,
Jon.s. Norr 8, eq., I'resklent First National
&
Paton
New York:
Bank,
"°''*" Mlckle, Ksq., cashier Union Nat'l
1
Bank^B^ti
FIRST inORTGAGES OriniPROVED
ItEAL ESTATE.
Interest Coupons payable teml-snnu Ily.
Bonds
registered to oruer, or payable 10 uearer at option.
AcciUL'd Interest Is not required to be paid by purchaser, 'he rext-due Coupo.T beir-g stami-ed so
as to
denote that Interest begins at the d te of pu'chase
A P..mphlet wlihlull inform.itlon will be seat on
application to the Company's office,
43 Milk Street, Boston.
MOST CONSEltVATlVk INV, ST
.1.8, a" lh?y a.I
believed to be as perfect a ?ei.nrity as c^n be obtained
Tiie liBue of BondH is limited 10 une-half ilic amount
of the same class of Bonds ever Usued under a like
Gimranten.
The security of each Bond Is not conflued a to single
Mortgage, but extends over »11 the Mongages owned
by the C'ompa .y. 1 his company receives no depo>lis
t^uarant esno oilier securities, and has no other debts
than its bouJ«. Us Mortgagers are of like cn«rai:tcr to
those which have be 'n bouuht in the last twenty years
A. U. Kisses.
DKN18OK,
N.
Assistant Treasurer.
1ST8.
THK LaKX ShOBS* lilCUIaAN
i^Oi;TB>'B»
1
RAtLKOlD CuHPANT.TKX.rCKBu's •'JFIO«,>
Now
yoBK, Januart
5,
ime.
)
'pHE DIRECTORS OF THIS VOMPANr
TWO fEB
have
this
CBNT, out
day declaied a dividend ol
Of the earnings for the six
months ending with December 31, 1875, payable on lbs
1st day of February next, at the ofbce of CHASE *
ATKINS, No.
18 Broad street.
The Transfer Books will close
at the close of business on WEDNESDAY, the 12th Inst., and will re-open
on the morning of WEDNESDAY, the ad day 1 nebruary next.
E. D. WOKCESTKR, Treasurer.
1
'TfUE NEIV JBRSEKdc
RAILROAD
NEW YORK
(consolidation of the Erie Hallway
branch to Hackensack and continuous roads) being entirely
re-e4Ulpped with
new rolling stock, the Company
a remaining portion of $100,000 of
FIRST
m
LING BONDS,
to
ture 1893, and paying Interest
March and September, at the Natioi:al Trust Company,
throueh the Banking House of ROLLINS BROTHERS
& CO., Corner Wall and Broad streets. Now »'ork.
PHILADELPHIA, NEW YORK AND PARIS,*
January Isc, IS^O.
VTR. JOSEPH W. DBEXEL, ofNew
f
i'-l
York, retires this day from active business, and
withdraws from our firms In Philadelphia, New York
and Paris.
Jlr.EGISTO P. FABBRI, heretofore of the firm of
Fabbri * CnvtjNOKY, New York, becomes this day a
partner in our firms in Philadelphia, Mew York and
Paris, resident In New York.
DREXEL *
CO.,
Philadelphia.
DREXEL, MORGAN A CO.,
New York.
DREXEL, BARJES * CO.,
Paris.
"^ OTICE.'^The>ir8t NaUonal Bank ofRoclieeter,
-I-'
located at Hochestt-r. In the state of Indiana it
cloMuK up its adalrs. All note-hoid-rs and other
crediio-s ot ^ald •.ssociatiouaralhererore herortynutl
tli'd to present the notes, and other claims against
the
association lornajment. AKTllUR C. COl"' LAND,
January 11.1876
Presulent.
NOTICE.-THE NATIONAL MARINE BANK
located at 8 . fAUL, In the st ite of Mlnnes ita.
closing up Its sltalrs. All iiote-holders nud other
creditors of said associst'on are, therefore, hereby
notified to present the notes and other cUima aicalnst
the assocla'ion for payment.
o. B. TUBRSLL, President.
„ ^ „
1
Is
Dated December
Slst, 1875.
THK KICHLtND
NOTICK.—
NATIONAL BANK,
located at Mannfleld. In
the State of Ohio, is closing up its sfl^irs. All noteholders and other creditors of sa'd aseoclntion are
therefore here'ty notified to pieseni itie noie^, and
other claims against the association, for paymiot.
CUAS. B. JAllBSON,
^
Dated
Dec. 17, 1875.
Cashier.
To
Capitalists.
#e»oo,ooo
;
HKMty SALTONSTALL.
Persons keeping accounts with ns (currency or gold
may deposit and draw as they please s.me as v ltd CIIJ
liaiiks, and will be allowed Interest on dally
balances
'According to the nature of the account.
Orders for the purchase and sale of stocks, bonds
*nd Kold will receive from us, personally, prompt and
P. O. Box 2.»47.
C. W. MoLnnAjt, J«.
John
;
President.
FKA.NCIS A. OSBOKN, Treasurer.
WALL STREET, NEW YORK.
careful attention.
»
ITS
1
4
I
„ .
.
Boston,
January
CAPITAL, STOCK OF $500,000.
by lndlvld"als. Life InsiirauL-e companies and other
C^rrporat.ons. to the amount of ino-e ihtn Fifty Millions of
oUar.s.provngamoet secure and satisfactory
I'lV siinent. 1 he Loans are sll upon Irapri-vert Farms
In some of ihe most fertile Western ^latea, near the
Kallroads. with short and perfect titles, and aveiage
less than $6J0 each, upiro pionertv wortn nearly four
times their amount. Kxperieni e has provt-d that w; 1selecte'l Mort..sgi's upon this class of properiy are
sater than those upon elry property, either In the Fast
or w est. They ai e notaffected by Fires, or by Business
revulsions Prin^ ipal and interest are more prompt
y
paid and upon the su cess of Agrl ulture depeudi
that of almost eveiy Industrial Investment.
C^ Co.
BANKERS,
Preatdent.
AD CtivlPANY -In conff.r tilty to tha
provision of the Klaht Per Cent Bhikln^ Fund Mortgage of this Company, sealed pro .os.ls are invltcl.
endorsed. " Pmposals to Seil O. B. .tj Q. Slnkln r hund
Bonds." and addressel tu the uiidersitined. till Monday. February ilst casulng.ai 12 o'clock n .on, to -ell
to the Company, one hundred »nii elghty-ooe, or any
pa t there.jf, or the Bonds secur. d under said mortg-<Ke. for ttie purposes of the Bl"kiDgfuiid.
By order of the Board of Mr xturs.
GUAnAKTEBD. PRINCIPAL AND INTEKB8T,
These B-nds are commended to the attention of the
Securitle* of Solvent and Defaulted
KH. Co'ii, also Ktate, City and
N. W. MiBiROLC, Seereury.
nHIOAGO
BfTRMIV DTON & Qr I VfV
^' KSILIt
MORTGAGK SEVEN PER CENT GOLD AND 8TEB
Mortgage Security Co.
ST., N. Y.
DKALKK IN
this
declared-
UOMlIiNO DRI008,
is'
THE NEW ElVULAND
BT
wu
will Issue
SECURED BY
COOKH.
?'""lf"^'^Mumlier
Ji. Y. stock Excliange.
..
14, 1816.
Bosrd of Olreotora, beld
TEN PKK CENT,
a Dividend of
payable on demand.
d.«y.
11
OFFERS FOR SALE, AT PAR,
and Investment Stocks and Bond«
mr'etlnif of the
'ja
10
New Jersey Midland, l.t
New Orleans Mobile & C. l8t
New York * Oswego Midland.
Kockford K.
$884,044 TS
Bbo 'ILTK, Jannary
105
5«
*
do
(10
Ssex-uf
do
Interest 8s
MontclalrRli.of N. J.Ist
New Haveu M. 4 Willlmantic, 1st
WALL STREET.
*•«»•
38
eo
*
Lake Superior & Mlsfilssippl. 1st
Loganspori. C * Southwestern, 1st
Missouri Kansas * Texas, Ist
Mobile* Ohio. tteMlng, 8s, wl h cf
I'ort
40
ag
40
It
37
62
87
1st, 7s. M.
N., nufnnded
75
1st, 74.
J.
do
..72
1st, 6s, Feb
Aug., funded. s<
1st, l'8,J.* U.
d> . 63
J.*
do
Uo
do
do
<l
61
do
do
1st, W. 1)
Texas * Pacific. I,. G
West Wisconsin, L.G., 1st....
."
47
do
Interest payable in London. 46
Beers, Jr.,
Brooklyn
SJtf
Asked
w
1st
Flint* PereMarquetf,
St.
40 Wall Street.
Dt-alor In Kailroad
Bid.
.Minnesota Ulv.. .. 4i
Milwaukee Ulv.... 17
Danville IJrhana ». A Peklu. Ist
Houston ife Great Northern, l8t
Houston « Texas Central, Ist, Main Line. .
do
do
1st, Western Kxt.
„,.
YORK.
Principal due 1903.
Interest April
N. T.
do
Cairo* Fulton,
SON,
$50,000 BUPPALO CITY SEVEN PER CENT
BONDS.
do
1st,
iBt,
18T6.
tHKO.GOO 00
684,044 75
1,
.
Branch of Our Bu»l-
Canada Southern, iRt, cour)on
do
1st, rogletered
Central RU. of Iowa. 1st
Chesapeake A Ohio, Ist. 6s
00
do
21.78
KansasPacldc,
$50,000 ROCHESTER CITY SEVEN PER
CENT WATER LOAN BONDS. Interest
January and July.
Miun.,
W^D^*
,
.
norplDa
At a
«
No. 3u Court St
STATtnBNT JAN.
Ouh (apltal
and those 1» Difaalt of luter-
Special
m
ON
No. 7
a
Chicago* CansdaSuiithuiu, 1st....
85
Chicago CMotcinfi Dubuque. Int ..
m
CJllc. DauvUle & Vjnceuues, ist, Illlnnls Ulr. 39
<"
IsMadiaaaDlv. 20
.!?
., ^
At Auction.
The
eat made
neas.
We qnote as follows—
BROADWAY, NRW^ YORK.
STOCKS
Oood Railway Bond* not regu-
Exchange.
larly qaoted,
And
:
1398.
*
Broad »«y
Flr.t st Brooklra. K. D.
Brooklyn,
(No.'.i»8 Broadway, Sew york.
OFFIcas J
Stock* and other Seenrltlea
New York Stock
Orders for
Texas Lands and Land Scrip for Sale.
Williamsburg City
FIRE INSURANCE COMPANY.
DXALKSa IX
STATR, CITY*
Municipal Bonds a Specialtj.
&
BANKERS AND BROKERS,
49 Wall Street, New York,
INVESTIWEIVT SECURITIES.
Texas State, Railroad, County
Financial.
Amos
James
VIOK-PKEStDKMTS:
A. Lawrence,
Geo. c. Richardson,
L. Little,
Thomas Wlgglesworth.
Geo. P. Upham.
I.
Bonyon.
Charles L. Flint.
Henry
bsltons'sll,
T. Jeflerson Coolldgc,
John P. Putnam,
J. B.
Upham.
Chprles L. Voung.
ootjksrl:
w. Tsask
sums OF
Wanted
«2.000
for Applications
to
now
In
$150,000.
hand for
FIRST niORTGAGE LOANS
oic
FIRST-CLASS CHICAGO PBOPEBTY,
AT INVITING RATKS OF IHTEBEST-
dibkotorb:
A.
IN
Hon. Henry W. Paine, Boston.
Simeon K. Daldwlu, New Hayen.
Everv valuation reHabte. and not over 40 per cen of
present actual value requi.ed.
JOSIAH
H.
REED,
20 Naaaan Street.
Thirty years' acquaintance with Chicago, a ad Citr
references of the highest character.
:
:
.:
THE CHUONICLR
ii
'
OKFICE OF THE
Insurance.
OFFICE OF THE
OFFICE OF THE
Insurance Co.,
BROADWAY, COR. CEDAR
119
Niw
YoaK, January
St.
SOth, 18711.
The followlnc 8uten,ent of thl affaira of the
Oompany ia pabllshed lu conformity with the r«-
H
of its Charter:
quirenicDta of Section
$88,978 l»
OBtalandtni; Premium- January 1, 1W5
Premioma tocelved from Jan. 1 to Dec.
8'' 8,<n 6i
SI. 1»"5, inclusive
J7U< ComiMny hem imud no FolUies, except on Cargo
and Fretghtfor the Yoyage.
.,,.,,„
IIAVK BEKK TAKEN
OF VESSELS.
UPON HULLS
off a» earned, dur$818,3ui II
inu the period a» above
Paid for Losees, BipenBes and Rebaten,
same
the
during
*c.,
Savings,
leM
period
•»
M.MI ;S
.•••; , '^21'Sr
Return Premiuma
The Company has the following Asaeta
Preminma marked
CaahluBaok
United Slates and other atocka
Loana on Stocka, drawing Intereat
Premium Notes and
Subscription Notes
59
f?*-iS
17b,»oU uu
$717,688 73
86,009 63
Bills Receivable..
Advance of
in
S
f5S'.\?2
—
,„,„^„„„
68
186,646
Premluma
Re-iuaurance and Clalma due the Company, estimated at
" «"'» '1
MERCANTILE
Mutual Insurance Co., Mutual Insurance Co.,
No. 35 WALL, ST., N. Y.
No. 61 WILLIAM ST.
Nsw York, January IS, 1876.
The Trustees submit the following statement of
the
aflTalrs
of the
Company,
In conformity
requirements of the Charter
Outstanding Premiums, January 1, 18:6
Premiums received during the year ....
with the
$76,741 84
,S0O,2UO 62
$8!)7,]90 8*
Total amount of Marine Premiumi.
NO RISKS
NEW YORK
MUTUAL
PACIFIC
$376.913 86
No Policies have been issued upon Life
Riaka, nor upon Fire Risks, diaconiiocted wi th Marine Riaka
$30:i.0j8 12
Earned Premiums to January 1, 1876
Losses and Ezpenaes
$144,395 02
18, 932 73
Return Premiums
The Company have
Certiflcatea of Profits will be paid to the holdera
thireof, or their legal repreaentativea, on and after
Taesday, the first day of February next.
dividend in Scrip of
TEN PER CENT,
is de-
amount of Earned Premiums for the
year ending December 31at, 1S75, which may be enclared on the
titled to participate, Certificates for
which
be
will
laaued on and after Tuesday, the 4th day of April
By
Order of the Board.
liahed in conformity with the proviaiona of
charter
Outatanding Premiums December Slat,
1814...
Premluma received from January 1st to
December
3lBt, 1875
$1,169,346
.17
01,628 02
Net earned Premiums
$1,107,718 35
Paid during same period —
Loaaea, Commissiona, Expenses and
Reinaorance, less Salvages
878,605 17
120,715 00
;
14,280 28
7S,C0i 00
a0,9-M 27
8735,768 55
92,509 49
Premium Notes and Bills Receivable.
Salvage, Re-inaurance, Inaurance Scrip,
Accrued Interest and other claims due
.
.
theCompany
43.140 90
$239,113 18
Paid Cash dividend to stockholders
Aug. 1st
$871, 413 94
$2S,000 00
Six Per Cent
Certificate! ot
on tbo outstanding
be paid on and after
Interest
Profits will
TUESDAY, the 8th day of February, 1876.
Forty Per Cent DlTldend is declared on
the net earned premiums entitled thereto for the
year ending 3l8t December, 1375, for which certificates may be iasued on and after the lat day of
Paid Cash rebatement to dealers
448,459 00
on Inveatments
Notea and Premiums in
Premium
courseof collection
Reinsurance and Salvage due,
legal representatives,
,
intereat thereon will ceaae. The
preaented at the time of payment and cancelled to
that extent.
By order of the Board,
Certiflcatea to be
EDWARD LAKAQUE,
,
>
i
BATES,
of the firm of L.
BEUFF,
FRANKLI.N EDSON.otthe
M. Bates
&
P.
firm of Franklin
Edaon
JOHN
,
STEPHEV L. MERCHANT, Of the firm ot S. L. Merchant & Co.,
James l. hathxway,
TOWNsEND DAVIS, of Buffalo.
JOHN K. MYERS, President.
TH0.MA8 HALE, Vice-Prealdent.
WILLOUGHBY POWELL, Secretary.
REAL ESTATE
MORTGAGE BONDS
GUARANTEED BY THE
THEO.
Individual liability of
the
Second— K»cli bond la secured by a first mortgage ot
real estate of not less than double its value.
r/i(rd— The prompt pHyment ot both principal and
Interest of every Ijond in guaranteed by tfila Company.
The Company guarrtuteeluK these Bunds receives no
deposits, owes nu money, auu incurs uo obligatioua of
any character except those arising from such guaranty
thereby keeping Its whole capital of One Million
Dollars unimpaired. TO MEET AT ALL TIMES the
Jrompt payment of both principal and interest of
hese Bonds.
All mortgHges securing the Bonds are formally approved by the following Executive Board
ROBERT L. KENNEDY,
SAMUEL WILLETS,
WM. REMSEN.
CHAS. BUTLER,
HENRY P. HAVEN,
ADRIAN ISBLIN,
JAMES A. RJOSkVELT.
EUOEftK KELLY.
JOHN D. MAXwfcLL,
UUSTAV H. KIS8ELL.
1 heae Securities bear Seven Per Cent Intereat payable aeml annually, and are ofiered tor sale at one
hundred and two and Interest \t the ofllce of the
EQttlUble Tmat Company, Noa. 51! & 54 fVllUan atreet.
JONATHAN EDWARDS,
Henry
,racob S.
Wetmore,
Guatav H.
H. LYELL, President.
B.
BLBECKER,
Jb., Vlce-Pres't.
Albert H. Nicolay & Co.
stock Auctioneers and Brokers,
Prealdent.
STOCKS AND BONDS,
Every Mondaif and Thursdatf, or
UPON OSK
77,915 00
Dividend of
be paid to the
(5)
PErt
6.1
CENT
atocl.-holders or their legal reprt-
on and
sentatlvca,
FIVE
after Tuesday,
February
lat,
1876.
TRUSTEES.
'
Jamea Freeland
Samuel Willets,
Francis Hathaway,
Kobirt L. Taylor,
William T. Frost,
William Watt,
John D. Wood,
Jamea D.
Joaeph
Aaron
Cleo
WI
W. Henniugs.
Henry Eyre,
Fiah,
Slai;g,
Edwar.l Merritt,
Daniel T. Willets,
Henry R. Kunhardt,
John S. Williams,
.
Ham,
L.
L. Reid,
H
S|
Bryce Gray.
N.'L. McCready,
William Nelson, Jr.,
Harold Doll ner,
Josepi Willets.
Uenry J. Scudder,
harles Diraon.
Paul N. Spofford,
'
James
Douf^laa,
William B. Scott,
Henry DeRivera.
ELLWOOD WALTER, President.
A. G. MONTGOMERY, Jr., Vicc-Prea't.
ALANSON W. HEGBMAN, 2d V. Prea't.
C. J.
Dkspard, Secretary.
Bonner &,
G. T.
Co.,
BANKERS AND BROKERS,
No. 20 Broad Street, Now York.
Stocks, Bonds, and GoTernment Securities bougnt
and sold on commission at the Now Yom Slock Ex-
change.
Dealers in
all
descriptions of Bonds and Inv<;stmeut
Securities.
or
SpEOiiLL
will
Samuel
Richard Irvin, Jr.,
Israel Corae,
H. C. Von Poat,
Klaael.
413,617 41
and
$l,0S8,5-25
Kllwood Walter,
D. Colden Murray,
C. Hulbert,
PINE STREBT, NfilV IfORK.
jy REGULAR AUCTION SALES
CONSERVATIVE INVESTORS.
the
Earle,
Bayard Smith,
Charles Lamson,
L.
No. 43
$1,000,000 GAFITAI..
THESE REAL ESTATE MORTGAGE BONDS ARE
COMMENDED TO THE ATTENTION OF
THE MOST
ftrU-They have
John H.
For the convenience of its cu-tomera this Company haa made arrangements to issue Policiea and
Certificates payable in London at the banking house
of Meesrs. DENNISTOUN. CROSS & CO.
Equitable Trust Co.,
maker.
Gerhard Jansaen.
Stephen Johnson,
Arthur Leary,
Henry Meyer,
Edward H. R. Lyman,
E. V. Thebaud,
Francia Hathaway,
Lloyd Aapiuwail,
B. P. Fanbri,
George Moalc,
Co.,
Secretary.
TS USTEES.
10.,
THOS. B. MERRICK, ot the firm ot T. B. Merrlek &. Co
W.V. A. HsLL, oftlie tlrin ol Benfdlc-t, Hall * Co
GE A. MEYEK, of the Brm of H. & F W. Meyer.
WALTER H. LEWIS, of lie llrm of Lewis Bros. & Co.,
GEO. W. SMITH of the flrnl of J. M. Fiske & Co..
HENRY' D.UOLPU.of the Him of U. D.RolpU 4 Co.,
JOHN H. < L < RK, ol the arm of Clark & Seaman,
J AS. H. DUNHAM, of Ihe firm ot Dunham, Buckley &
on and after TUESDAY, the
from which date ail
8th day of February next,
7,828 06
•
TRANCIS MOHAN,
JAMES K. TAYLOR, o< the firm of Taylor, olmatead
& Taylos
„
„
*^ Co.,
ADAM i: BRUCE, of the firm of i. T. Bruce
ALBERT B. SIB * NGE. of the ftrm of Strange t Bro's,
A. AUGUSiUSLOW, of then^mof A A. Low i Bros.
FRANCIS PA YSOW ot the firm of Wood, Payaon &
Colgate.
JEHIaL READ, ot the firm of Jehlal Read & Co.,
TBEO. W. MORRIS, of the firm of Morris, Delano &
the haldera thereof, or their
$80,676 18
Stocka
A Semi-Annual
.
B.A.UrOW,
1
:
Intereat due
deemed and paid to
of
$ 137,396
The Company has the following Assets
CashinBanka
United States, State, Bank and other
Sc.lp of other Companies
&Co
38"
1,146,321
JOHN K. MVBRS,
THOMAS HALE,
,„ _,
^ „
H B. CLAJ'iJN.or thellrmof H. B. Claflln*Co.,
G. U. U. OILLESPIK,
,
A S. B.vR.VES. oi the firm of A. S. Barnes « Co.,
RICHARD
f
$l,.371,039 11
Profits
The oatetaiidlng Certiflcatea
or tUe Inane of 1862, and Fifty Per
Cent of the lasue ot 1863, will be re>
M
its
S3i4,n779|
31at, ISrs
Total Premiums
uary 1st to December
Less return Premiums
:
April next.
TRUSTEES:
Co.,
2}, 1816.
$504,;.50 00
SIX PER CENT. INTEREST on the outstanding
LEVI
January
Amount of Premiums earned from Jan-
the following Assets
United States Stocks
Bank, City & other Stocks.
Loana on Stock and Cash
due the Company
RealEstate
Cash In Banks
New York,
The following statement of the afiairs of the
Company on the Slat day of December, lij75, is pab.l
$1,002,391 15
Total Ataeta
JOU.N A
1
[Jantiaiy 22, 1876
Insnranoe.
lasoraDoe.
A
—
:
Sales Made oh all othbb Days.
DAY'S isOTlCE, WHEN KliQUl,KED
The correspondence of Bankern and Brokers throughout the country soUcIted.
Funding of Southern State Bonds.
We are prepared to fund Bonds of the followlnB
Southern Stdtes,
Funding
Acts,
In
accordance with their eeverHl
upon the must reaAouable terms
possible:
Oar Establisbed €u«toin 33 ¥«ars«
tW
Stocka and BondB bODgUt and sold at the
York Slock Exchange, and
at private sale,
New
t3P
tW
Securities not dealt In at the Stock
Flrst-clasB Municipal
IX'ANTEB.
on commis-
sion.
Bpecialty wltk this house for
VIRGINIA, LOUISIANA, 80U1U CAROLINA
'lENNESSEE.
Boards a
many years.
Louisiana Slate Bonds.
South Carolina State Bonds.
Alabama State Bonds.
Teotas Slate Seren Per Cent Thirty- Year Bonds.
Bonds. Railroad Bonds
and other incoiporateJ loans negotiated on liberal
terms.
Smith & Hannaman,
INVESXniENT BROKERS,
INUIANAPOLIS, INDIANA.
FOR SAI^C
Columbia Permanent improvem 't
7s of 1S91.
Indianapolis & Vlncennes lili. Ist Mortgage' Bouils
Kew Jersey & New York Rli. Consol Bon is.
Qulncy Cily, His., Six Per Cent Bonds.
Dlst. of
G. T.
BONNER
&.
CO.,
20 Broad Street, Newr York.
I
I
f
.
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, JANUAKY
22.
c oNT
e
K
r8
Panicof 1873
LateBtMonetaryand Commercial
I
I
On
News
Bn<<)i8h
I
United atatep
Railroftds In Defanlt Since the
Commercial tnd Mlsceilaneons
THE BANKERS' GAZETTE.
Money Market,
U. S. Securities,
I
89
89
€t)e
Breaosiufls
I
...
Dry Goods....
I
€i)ronicU.
The Commercial and Financial Chronicle it istued
day morning, with
the latest
news up
on Saturmidnight of Friday.
to
TBBM8 OF SUBSCEIPTIOK-PATABLa IH ADVAWCK.
Tub Commkbciai, and Financial Chronicis,
sabBcrlbers, and mailed to all others:
For One Year (Inclnding postage)
«!0 91
AdTcrtUements.
Transient advertisements are published at V, cents per line for each
insertion, but when delnlte orders are given for Ave, or more, Inseri ionn, a
liberal discount Is made. No promise of continuous
publication In the best
pjace can be given, asall advertisers must have equal opportunities. Special
Notices in Banking and Financial column 60 cents per line, each insertion.
London
office of the
Chroniclk
Offlee.
No. 5 Austin Friars, Old Broad
is at
where subscriptions aie Ibken at the following rates
Annual Subscription to the Chronicle (including postage)
£»
Six months' subscription
1
WTVLik-u B. DANA,
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street,
:
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3b.
I
OHN
a.
iT,orD. JR.
79 and 81
f
WilUam
Post
^P~ A
cents.
neat flie-cover
Volumes bound
Is furnished at 50 cents
for subscribers at $1 50.
;
Street
OmcB
NEW
Box
YORK.
4 594.
postage on the same
is 16
the Commercial avd Financial Chroniolr— .July
at the office.
Also one set of Hunt's Mkrohantb
to 1871, sixty-three volnmes.
<=''™l!'«'o '«t of
.c^7to \riate—
Is for sale
ist),'),
Maoazine,
18.19
shall
have one
here.
severe drains of currency and capital
Yoi k. If this Western demand were really diminishing
and if it be likely to suffer a further diminution, we
might agree with the opinion of those who argue from
these premises in favor of easy money; but if the changes
heretofore developed are temporary in their duration,
and if they are to give place to those of a contrary
character, then
delivered by carrier to city
For Six Months
g 10
Subscriptions will be contlnned until ordered stopped by a written order
or at tlu jrtMication offlix. The Publishers cannot be respousihle for Remittances anle«s made by Drafts or Post-Offlce Money Orders.
The London
we
money market
purpose of moving the crops
long been at certain seasons the sure harbinger of trouble in the monetary movements of New
THE COMMERCIAL TIMES.
Commercial Epitome.
Cotton
argued that
has
.
I
it is
the "West for the
to
Investment and State, City and
Corporation Finances
i
83
The frequent and
Waotations of Stocks and Bonds
New York Local Secnrities
I
Railway Stocks, Gold Market,
Foreiirii Kxchanee. New York
City Banks, etc
thie hypothesis
disturbing cause the less in our
News
1
NO. 552.
1876
South has been gradually abating for a year or two past.
This diminished flow of the currents of capital from the
East to the West is too hastily assumed to be permanent.
THE CHRONICLE.
The Bank Reserve and the
Money Market
Snpiily of Gold and Silver In the
22,
it is easily seen that they should not be
allowed too easily to mislead us. At any rate, it is too
early as yet to interpret the facts with any assured pre-
ci.sion.
What
is
known
the aggregate, have not
this city of late.
is,
that the AVestern banks, in
drawn
so heavily as usual
The change has been accounted
on
for on
several distinct grounds.
have found
it
In the first pl.ice, these banks
harder than in former years to induce our
Xew York
banks to pay heavy rates of interest on their
they employed their balances on interest at home in loans on produce and otherwise. Thus
it happened that the West has not had so much power
to draw on us for deposits and currency, because their
balances here were smaller, nor, on the other hand, had
idle deposits; hence,
they so much reason to make these drafts, because their
dealers and customers were already supplied in part for
the limited business doing.
Still, after we have made
due allowance for these considerations, it is certain
that, by the action of the recent laws, our banking sysH?^ Volnmes of the Chronicle sent to the publication office will be hound,
as a maiter of convenience, for subscribers, at
tem throughout this country is passing thrmigh some
*! 60 each. The binding Is
n over solicited, and some difficulty has heretofore arisen from
the misrepreseciations of patties who have solicited binding on their own account.
transformations, which may perhaps diminish the dependence of the interior banks upon the great banking
TUB BASK RESERVES AND THE MOINEY MARKET.
centre of New York. These changes we have frequently
In consequence of the improved feeling which is discussed. They must be carefully
watched, but they
manifesting itself in some departments of business, the have not yet been long enough in operation to enable us
probable course of the money market in the early future to forecast their future results with any certainty.
_,B6'"The Business Department of the Chkohicls is represented amons
Fin ancial I ntercata In New York City by Mr. Fred. W. Jones.
attracting anxious attention.
On the whole, the
general opinion seems favorable. Several reasons concur
to give force to the expectation that we are about to
enjoy for a protracted period an easy and tranquil
is
condition of the loan market.
are, no doubt, sonnd, though
Some
othe's
of these reasons
ra?iy
be
doubtful.
Among
the latter class
we may mention,
for
all
Among
the valid reasons for expecting a tranquil
money market we may
capital.
refer
to the influx of foreign
There are many persons who believe that
movement
will
present year.
receive
this
a notable impulse during the
Certainly a plethora of idle capital
more complained of abroad, and
this
country
is
is
rich in profita-
ble safe investments.
There are in the European money
exam- markets such a multitude of capitalists seeking good
ple, that no little stress is laid by some of pur bankers investments that in the precent activity of international
on the fact that the drain of funds to the 'Vyest and communication it seems impossible that our best securi-
.
THE CHRONICLK
74
[January 22, 1876.
should not be examined and their merits disclosed. his statement for the twelve months ending June 30,
is the more probability of a favorable result, and
1875, making the total gold and silver at $71,946,615, of
that bur. securities will attract this idle capital, because which about $40,000,000, he says, were gold.
Professor
during the recent panic in foreign stocks, in London, the Raymond's report, for 1874, is now, as stated, in the
old inrestments which used to be so popular have lost hands of the printer. The following is the extract from
ties
There
much
of their prestige.
The
belief that
the foreign
markets are peculiarly disposed to receive good American seeurilies, derives some support from the negotiations
of this sort which have recently been made and others
which are rumored to bo on foot.
These transactions
have commanded the more attention from the fact that
they are said to have checked or deferred r.n upward
movement in gold. This movement is supposed by some
to be still probable, but such expectations find little encouragement in the reports of new loans, whose negotiation is pending abroad.
The effect which would be produced on our money market by the influx of large amounts
of foreign capital into our securities is too obvious to need
special proof.
As the supply of our domestic capital
seeking employment is already so ample as to exceed the
present demand, we have in the facts just referred to,
additional reasons for expecting monetary ease.
he has favored us with, showing the production for
the States and Territories west of the Rocky Mountains:
it
PRODUCTION or GOLD ANP SILVER IN THE CNITED STATES FOB TEAR END.
INO DEO.
31,
1874.
Oold.
Arizona
California
Colorado
Idaho
Montana.
SUver.
Total.
$350,000
$137,000
19,000,000
1,300,531
2,102.487
3,086.013
5,188,510
$487,000
80,3'
1,397,000
Nevada
New Mexico
Oregon and Washington
544,722
3,844,722
20,632,233
35,452,2.33
300,000
200,000
94.000
Wyoming and
1,880,004
3,300.000
14,770,000
500,000
763,605
Utah
other sources
768,605
3,817,601
3.911,601
$:W.251,tl4
$72,428,206
100,000
Total
531
$42,177,092
100,000
Thus we see that the gold product for 1874 was over
forty-two millions, instead of about twenty-six millions
as the figures we before used indicated.
Professor Ray-
The most important point, however, and that which mond's statement for 1875 is not completed and will not
worthy of the severest scrutiny is the state of the be until some time in the summer but Messrs. Wells,
Clearing-House banks and of their legal tender reserve. Fargo & Co. give the total (including, however, Mexico
For many weeks past the greenback reserves have been and British Columbia) for the twelve months ending
rapidly falling.
In some quarters the fear was ex- December 31, at $80,899,037.
Although the reports
pressed that the legal minimum would be reached, and made up by this firm are no denfinite guide for determinthat the money market would thereby become dis- ing the relative yield of gold and silver, their totals
turbed. About a month ago, in canvassing this opinibii, always approximate quite closely to the Government
we offered reasons in support of the banks, and showed totals made up later and hence for the purposes of this
is
;
;
that their excess of reserve above the legal 25 per cent,
was not likely to be exhausted or to fall below six or
eight millions.
The event justified this prediction, and
confirmed. The bank statements of the next two or
three weeks will be critical, and will be closely scanned
both with regard to the futnre of the money market and
:
movements of gold.
GOLD AND SILVBB PBOD0CTION IN THE CNITSD STATES
QoU.
$
Tear.
SUPPLY OF GOLD AND SILVER IN THE UNITED STATES.
In
The Chronicle,
of Januarj
8th (page 25), we
based some remarks, with regard to the gold supply,
upon the reports of Messrs. Wells, Fargo
Co., for
&
1874 and 1875.
We were
not then able to obtain the
Government figures later than for 1873, except the totals
for 1874, which gave gold and silver together.
The
official
report for 1874,
safely use their aggregate figures.
Deducting from their report the two items, Mexico and
British Columbia, and adding, according to Dr. Linderman, $1,000,000 for New Mexico, we should reach
$77,703,413, as the gross product for 1875.
Now, if we
allow for gold about the same as in 1874 ($42,000,000),
the silver production would be $35,703,413. Brinsing
forward Professor Raymond's figures of the yield of the
mines from 1S48 to 1874 inclusive, and for 1875 adding
the totals as above stated, the total production of the
United States, since 1848, would be as follows
for the two weeks past the bank movements have indicated
that the greenback reserve is again accumulating. If
the averages published by the Clearing-House in the
immediate future are favorable, the expectations of
easy money, so far as they rest on this ground, will be
to the
we may
statement,
by Professor Raymond, the
T»t(d.
$
Year.
$
Silver.
$
$
50,000 10,050,000
1862.
89,800.000
1841... 40,000,000
50.000 40,050,000
1863..
1850... 5O,0O0,C0C
50.000 60,050,0(0
1664..
18ol... 55,OOU,000
50,000 55,f50,000
1832... 60,ooo.oo;t
50,000 60,050,000
Total.
$
4.500,000
4.3,700,000
40.000,000
8,.'iOO,000
48,500,000
46,100.000
11,000.000
57.10(1,000
1865..
53,225,000
11,250,000
64,475,000
1866..
53,500,0f0
10,000,000
63,500,000
1853... 85,010,003
50.000 65,050,000 1887..
51,726,000
13,600,000
65.225,000
1854... 6O,0OO.OC0
50,000 60,050,000
1868..
48,000,000
ia,ooo,coo
60,000,000
1855... 55,001,000
50,000 55,r5li,000l 1869..
49.500 000
13,000.000
62,600,000
1856... 55,000,nOD
50,000 55,050,000
1870..
50,000 000
16.000,000
66,000,000
1857... .^5,000,000
50,000 55,050,COC
1871..
43,500.000
28.000,000
65,500,000
50,000,000
50.001 50,050,000
1872..
36,000.000
25,750.000
61.750,000
1859... 50,000,000
100,000 50.100,000
1673..
86,000,000
85,750,000
71,750,000
1860... 46,000,000
150,000 46,150,000
If74..
42,177,098
30,251,114
72,428,806
42,000,000
35,703,413
77,708.413
is not yet printed, but he has
kindly furnished us with a manuscript copy of the
figures
1861... 43,000,000 2,000,000 45,000,000 1875..
and those show that the inference in the article
referred to, drawn from Wells, Fargo &
Co.'s statement
with regard to the relative portions of gold and
silver
produced, was incorrect.
Deduct 1848 to
1,324,927 082 252,004,527 l,576,«31,tl9
Total
in detail,
Gold.
1848... 10,000,OCO
1858..
Mining Commissioner,
SUver.
1»(>0
.
650,000
6(B,650,000
719,927,092 251,354,587
971.881,019
606,000,000
.
Ret ult
Turning now to the foreign movement of the precious
we find that the total of foreign and domestic
Two annual Government reports of the contribution gold and silver exported, since June, 1859, has been
of our mines to the world's supply of
the precious $1,133,181,284, and that the total imported during the
metals have for several years been prepared—
the one same time was $267,580,921, leaving a net export of
already spoken of, by Professor Raymond,
Commissioner $865,600,363. The full detailed statement of imports
of Mining, and the other by Dr.
Linderman,Director of and exports of gold and silver, from June 30, 1859, to
the Mint. The figures of the former
are, however, for June 30, 1875, will be found in our annual volume,
the calendar year, and of the latter for
the fiscal year. "Financial Review for 1875," to be issued about Februmetals,
Making allowance
for that fact, the conclusions reached ary 15.
In the Mint report. Dr. Linderman gives follows
A
I
are in accord.
'
:
summary
of the
detailed
statement
is
as
THE
January 22, lb76.]
Total
Total
ExporUd.
ixporttd
From
Domtslie.
Foreign.
%
%
1859 to 1875.
Gold coin
Goldballion
Total gold
Total Bilver
Total gold A
Exporli,
Itn Jmp'lii.
at one-half the bank-note circulation
it
;
which, being on
make the
supply of specie in the States outside of California at
the Ist of January, 1860, 1207,102,477, would
S
883,477,030
50,!46,805
214,139,174
287,993
S
484,435.615
633,722,844 149,297,199
214,427,166
19,9.50,988
194,470,228
about $200,000,000.
678,901,878
estimated the stock of coin
;»7,616,S13
60,533,797
848,150,010 169,248,187
81,827,850
78,828,884
110,156,134
92,4%,873
17,659 861
178,969,683
905,5.57
174,875,140
5,836,911
169,039.229
We
205.896,833
79,734,441
285,031,274
98,33«.784
180.698,490
believe
Sliver coin
Silver bullion.
ImiH/rted.
76
OHJIONICT.F,
The
director of the
in
do not know how he made up
it
Mint
1801
in
the country at $275,000,000
included California.
his estimate,
but we
Secretary Chase, in his
865.000.383
annual report of 1862, gave $210,000,000 as
and the pro- of the supply, not including California.
silver. 1,002,913,046 1.30,263,238 !.133,181,284 267,580.921
his opinion
Taking the exports and
duction since 1860 as given in previous table, the addiimports as above,
tion to the supply in this country since 1859
follows
would be
as
Production since January, 1860
Exports in excess of imp'ts since
Gold.
Silver.
Total.
$719,927,092
$261,854,527
$971,281,619
678,901,873
188,898,490
865 000,363
$41,025,219
$64,656,037
$105,681,266
1859.
Prodnction in excess of net exports
RAILROADS IN DBFAULT SINCB THE PANIC OF
im.
In preparing a statement of railroads which have made default
In tbe payment of interest on their bonded debt, several difficul-
:
In tbe
encountered.
ties are
first
place,
it
is
undesirable to
company in such a list, which does not clearly belong
the amount of bonds on which interest remains unpaid is
include any
there;
already too large, without adding to
it
a single dollar of indebt-
cannot conclude from the above that we edness which may, with any reasonable fairness, he excluded.
have added over one hundred millions of gold and silver The question arises therefore, what is a railroad in default 1 And
There are other points which for the purposes of this article we shall exclude: 1. Such as have
to our supply since 1860.
require investigation.
For instance, a considerable por- made only slight temporary delay in the payment of their Interest.
Of
we
course,
Such as have never sold their Iwnds to the public nor hypoththem for loans, although the bonds have technically been
since, we stated our reasons for believing that this item
issued and are held by friends of the company, or by contractors or
was generally very largely over-estimated. As we then contractor-directors who are substantially the company itself.
said, we see no other proper basis for an opinion than Again, it is not considered that any default has been made unless
hence an
the census returns ; and the figures we made up, then, in there was a positive obligation to pay interest, and
interest is only payable out of surplus net
which
on
bond,
income
that way, showed a consumption of about five million dolearnings, is not in default when such earnings are not made.
lars for 1870 (see Cukontcle Feb. 13, 1875, page 152),
When a railroad has been unable to pay its interest, but the same
which, if taken as the average for the sixteen years, has been paid or the coupons have been purchased, by another
would make the total $80,000,000. This, we are inclined company or other third party, the bonds are not considered in
tion
Some time
goes into manufacture every year.
2.
ecated
to believe,
is
certainly not an under-estimate.
this inquiry as to the
But, besides
manufacture of the precious metals,
there are also other disturbing questions, such as the
default.
The preceding
limitations will exclude such companies as the
Orleans St. Louis & Chicago, which has recently made some
temporary delay in payment of accruing interest; the .Jacksonville
Northwestern & Southeastern road of Illinois, whose bonds are all
held by the contractors; also a number of issues of income bonds
New
emigrants and the
by the thirty to fifty
thousand of our people who every year make the tour of which
amounts brought
in the pockets of
coin taken out in the same way,
are paying no interest, and a good many bonds on which
do not intend to refer to this further than the coupons have been paid or bought up by lessee companies or
which have therefore not been the
to say, as we have frequently before, that the best judg- other interested parties, and
occasion of loss to their holders.
ment which can be formed on the subject makes these
From the preceding remarks it will be seen that the object of
movements so nearly balance one another that it is not the present article is not to show the maximum, but the mini-
We
Europe.
necessary to bring either into the account.
reasons, also,
we do
not think
allowance for gold which
South during the War;
The
result of
it
left
it
For evident mum,
make any roads
necessary to
the country through the
must have been inconsiderable.
what has been
said, therefore,
is,
the supply of gold and silver in the United States
least
no
less
now than
in 1860.
This
is
would draw from the present
Nor
is it
able
amount
at
certainly contrary
any con-
to the general impression, and at variance with
clusion one
that
is
visible
supply.
believed possible that there can be any consider-
of actual defaults
;
it is
not to
show the number
of rail-
which are actually unable to earn their
interest, but rather to present the gross amount of bonds in
the hands of investors or money lenders, for which cash was
paid or advanced, and on which the interest is overdue and
It seems hardly necessary to remark that, from the
unpaid.
very nature of the case, it is impossible to obtain and classify
all the facts and minutise on such a subject with the same
degree of accuracy and precision which is attained in our banking,
But, enumerating each company in
cotton, and other statistics.
detail, with remarks upon its present condition, the compilation
in the country
is presented with much confidence in Its general correctness.
from what is visible;
The whole subject of railroad defaults has grown to be one of
but we have been informed by two Southern gentlemen such large dimensions, and is so intimately connected with the
of
large
in the
North
a very short time, who
own knowledge, citing sevmuch gold hoarded in the
experience, within
claimed to speak from their
eral instances, that there is
South.
aside
Of
course,
prevailing business depression of the country as one of its
prominent causes— if not, indeed, its principal cause that it
—
has become a matter of general interest in financial circles; and
for the purpose of classifyiog all the information obtainable in
the most practical and useful shape, the following method Is
we can
should be so in Texas.
easily understand that this
There must also be at present,
adopted:
compared with 1860, an increased supply used as currency in California, and, also, throughout all the mining
region.
But it was not our intention t« explain or
1.
account for the conclusion our figures reach.
The banks of the United States on the 1st of January,
1860,(not including California), held in specie $83,594,537,
and on the
Lst of
or say for
the
or
January, 1859, they held $104,537,818,
settled
up
their affairs prior to Sept. 20, 1873, but
date mentioned.
ol the bonds on which interest hag been passed
the first
into six classes, according to the periods when
as follows:
default was made by the respective companies,
prior to 1873; 2d, those between Jan. 1, 1878,
A division
During the same period "th« balance in the Sub-Treasury
was about five or six millions. Hence we had a visible
As
had
includes such as had previously made default and continued to pass their interest falling due subsequent to the
two years an average of $94,000,000.
supply, say in 1859, of about $100,000,000.
showing all the railroads which have made default in
the payment of interest falling due at any time between the
panic of Sept. 30, 1878, and the lst of January, 1876,
This excludes all such as had been foreclosed
inclusive.
A table
Those
and Sept.
1st,
to the
amount then in the hands of the people, no accurate
data can be given. On a previous occasion we estimated
3d, those from Sept. 20 to Dec. 31,
20, 1878
6th, those
4th, those in 1874; 6th, those in 1875;
1878.
January,
time
in
first
defaulting for the
1873;
'
;
3.
of the total amount of bonds in default, according
follows:
to tlie condition of the respective companies, as
A diririon
Ist,
Those having already funded coupons, or otherwise
compromised with bondholders; 3d, those ha/^ing
definitelf
funding proposals or other settlements pending, or simply
remaining in statu quo, and, bo far as known, without
or other
litigation; 3d, those which have foreclosure suits
foreclosed
litigation pending; 4th, those which have been
or re-organized.
4.
bonds remaina deduction from the above, the amount of
now in default and unsettled; also, an estimate of the
amount held abroad and the amount held in the United
Pursuant to this arrangement, we have the follow-
As
ing
States.
ing results
]
.
made up from the general
OEXERAL HE8UI.TS.
table below:
I,
$783,9B7,665
1876, Inclusive
first
defaulting Jan.
Total bonds of companies
to Dec. 31, 1873
first
defaulting Sept. 20
Total bonds of companies
first
defaulting in 1874.
Total bonds of companies
first
defaulting in 1875.
Total bonds of companies
first
defaulting Jan.1,'76
91,740,500
.
862,366,701
4,494,400
the excitement attending the
$783,967,665
;
Arrangement according to condition of companies;
$11 ,549,850
Bonds of companies already funded or settled
Do. settling or remaining without litigation ... 151,369,600
Do. having foreclosure or other suits pending.. 381 679,615
6.
Bonds now
15'),373.300
$78.3,967,665
$533,045,116
in default, unsettled
Proportion of grand total estimated to have been
$538,967,665
held In the United States
251, 000,000
Proportion estimated to be held abroad
$783,967,665
Total as above
appears from the foregoing statement that the whole amount
which any default was made in the payment
of interest accruing between the panic of Sept. 30, 1873, and the
present date in 1876, foot up a sum total of $783,967,665, and
Of these,
these were issued by 196 different companies.
It
of railroad bonds on
$533,045,115 bonds, issued by 134 companies, remain still in
default, unsettled and not having been foreclosed, to January,
Of the whole number of companies included in the
1876.
37 made their first default prior to Jan. 1, 1873, and these
issued in all |134,684,600 of the bonds included in the total;
35 companies issuing |91, 740,500 of the bonds defaulted between Jan. 1, 1873, and Sept. 30, 1873; 25 companies issuing
$150,233,350 bonds defaulted between Sept. 20, 1873, and Dec. 1,
list,
1873; 71 companies issuing $263,366,701 bonds defaulted in 1874;
25 companies issuing $140,448,314 bonds defaulted in 1875; 3
companies with $4,494,400 bonds defaulted in January, 1876.
Wherever a company has several issues of bondB in default
they are all classified here with the period when the first default
of the
company was made.
The only standard for general railroad statistics in the United
States is " Poor's Kailroad Manual," which gives the total bonded
debt on January 1, 1875, as about $3,000,000,000. Assuming
these figures to be as nearly correct as any that can be made, and
we find that the total of all railroad bonds in default since Sept.
20, 1873, is at)Out 39 per cent of this amount; and those still
unsettled and in default at this date, Ijeing $533,045,115, are
about 36i per cent of the
total railroad
bonds outstanding.
It is possible in these figures to trace in
some degree the gen-
and we observe that no less than
$326,425,100 of the whole amount belonged to companies which
had already made their first default prior to the overwhelming
panic of Sept., 1873. It is therefore an erroneous view of the
causes leading to that great disaster to suppose that they sprang
mainly from the failure of Jay Cooke k Co., and the several
other prominent banking-houses which suspended about the
same time, or shortly afterwards. In 1874 it was to be expected
that a large number of railroads would fail, and we find the
amount of bonds issued by companies which first went to default
that year to have been $262,366,701. The effect of the next year,
1875, was perhaps the worst, for it had been confidently expected
that by that time railroads would decidedly recoveir, but we find
In
that 25 companies went to default with $140,448,214 of ^onds.
Jan., 1876, we have only heard of 3 companies making default
eral course of railroad defaults,
died away,
it
will be conceded by all that railroad building
was
and that the roads constructed were more num
erous than the traffic of the country through which they ran
could support. But hardly second to this in importance was the
The roads
evil arising from the method of railroad financiering.
were built almost entirely from the proceeds of bonds issued, and
carried to excess,
.
4.
of the railroad loans sold since the
In taking a careful review of the field at the present date, when
first stages of the railroad crash have
140,448,814
Total asabovc
many
believed that this estimate approaches quite closely the actual
facts of the case and the amount of $351,000,000 as given, constitutes ebout 33 per cent of all the bonds that have been in default.
150,833,850
.
original negotiation of
which a good number were placed almost
entirely abroad, and also from the information in regard to the
residence of bondholders which came to light after the defaults
occurred, and when proposals for adjustment were offered. It is
1 to
Sept. 20, 1873
Do. foreclosed or re-organized
;
close of the war, of
$134,684,600
]g-3
I.
ments in progress, or else remain in statu gtio without litigation,
and waiting for better times; 70 companies with $381,675,615
bonds have foreclosure suits or litigation of some other sort
pending, although many of tliese also have negotiations in progress looking to an adjustment or re-orjanization without going
and 44 companies with $1.59,373,300 bonds have
to foreclosure
actually been foreclosed or surrendered to bondholders and re-
The estimate of the proportion of defaulted bonds held by foris made up from such facts as are known in regard to the
of first default
above, arranged by years, according to date
by the respective eompaniea, is as follows:
ToUI bonds of companies first defaolting prior to
TotaUsabove
fected a definite settlement with their bondholders; 64 companies
with $151,369,500, have funding arrangements or other settle-
eigners
The
Total bonds of companies
for the first time, with $4,494,400 of bonds so involved, and it is
generally believed that the defaults are about ended.
After classifying the various companies according to their present condition, we find that 18 companies with $91,549,250
bonds have completed funding arrangements or otherwise per-
organized.
hai been made
Total ammmfof railroad bondson which default
from Sept. 80, 1878,
in the payment of any inU'reet falling due
to Jan.
2.
[January 22, 1876.
THE CHRONICLE.
7H
the capital stock was in many cases given away. Even when the
bonds were sold with a success which surpassed all reasonable
expectations, it was in very few cases that the proceeds sufficed
to complete and equip the roads— the cost was almost invariably
underestimated.
It
does not require a panic to show up the
weakness of such a system as this, and the numerous defaults
occuring for a year and more before the storm broke, with the
failure of Jay Cooke, in Sept. 1873, testify to this fact with sufficiThere should be an amount of paid-up stock, at
ent clearness.
least equal to the bonds issued, to form any sound basis for a
mortgage security.
In applying the lessons of the past to the practical purpose of
making improvement in the future, what suggestions on the subject of railroad loans can be be made? It is obviously for our
great interest in this country to invite here the capital of foreigners, and it is equally apparent that they must have better security
for their money than they have recently found in many of our
other difficulties, none has been
more frequently complained of than the obstacles which first
mortgage bondholders meet with in obtaining their rights. The
holders of junior securities, stocks ,or floating dbbt, by means of
railroad mortgages.
litigation
keep
Among
and pliable or ignorant Judges and Receivers, often
it ought to be in the pos-
control of the property long after
mortgage bondholders.
recommending any particular measures,
we may mention briefly a few points which have been suggested as possible remedies for some of the difficulties,
by the events transpiring during the recent " age of defaults": 1. No railroad should issue bonds beyond the amount
mortgages
of its ftona ^(«« paid-up stock; 2. Trustees on railroad
should be parties above reproach and entirely unconnected with
the managers of the company—(thus far tlie Trust Companies
appear to have been the best trustees for bondholders interests).
bondholders, in
3. That from ten to twenty per cent of the
amount, should have the right to demand a foreclosure; 4. That
bondholder.! of all classes should have votes in the election of
directors, by means of voting scrip attached to their bonds, each
$1,000 bond casting the same votes as 10 shares of $100 each. It
has been objected to this that bondholders would spend everything
on improvements and never declare dividends, but this could only
be the case where there were more bonds than stock outstanding,
and there ought not to be any such railroads; 5. Receiverships
have been a fruitful source of loss and fraud, and the laws defining rights of bondholders and floating debt creditors, and the
duties and privileges of receivers, should be thoroughly revised
under the light of recent experience, and general rules of action
prescribed wherever practicable, instead of leaving all as now, to
session of first
Without
definitely
the discretion of Judges; 6. It may be possible to adopt, to some
the English practice, and allow bondholders more
extent
frequently to take possession of a road after default, instead
of ]»UBhing It to forc.loBure.
£;
"
THE CHRONICLR
22, 187G.]
January
RAILROADS DEFAULTING FROM SEPTEMBER
1871,
20,
TU JANUARY
COMPANIES FIRST DEFAin.TINO PRIOR TO JAN.
Amonnt
Description.
Name and
Bonds'
(eicluslve of bonds as collateral).
Adirondack— l8t mort.
Chattanooga- Ist mort., gold, guar, by Ala..
3d mortgage
Alabama
&
Ist
Remark*.
$640,000
Is
Default was
mort, May
8g.
ti
still In
first
made on 2d mort.
3, 1875,
in 1871,
and road
w
It hfta
Sold ander
a sold.
fur $t,2C0,0U0, subject to receiver's cerilflcates.
Ut
Litigation
progress.
This was formerly Setnia & Meridian, reorganized. The default is old, and the
road in hands of receiver, but recently negotiations are in progress for an ad-
1.600.000
mortgage.
INCLUSIVE.
1876,
1,
1673.
auxiliary to the Co. 's mining and lumbering operation*.
RR.
been for some time in the hands of a receiver.
Thifl
.
Alabama Central-
1,
of Rate per
Cent.
5.28 1.000
a,s;3,boo
.
77
justmeut.
of
Boston, Hartford * Erlc-Bcrdell mort?. (»5,0OO.O0O
guaranteed by Ericj
Brunswick
& Albany— 1st mortgage,
The road was
20,000,000
&
HO.OUO
Martinsville— Ist mortgage, bonds
2.310.000
4,690,000
Florida Kailroad— Mortgage bond.s
Fort Wayne Miincie & Cincinnati— 1st mortgage, gold...
8,800.000
l.RiW.OOO
8.')
•
Land
grant, mortgage
Pine Bluff
& N. O.— 1st mortgage,
Maryland &
2d mortgage
....
gold
mortgage
Delaware— Ist
& Reading. In defanlt many yean. B«ck interest
paid as earned.
old default. Road operated by Indianapolis, Cincinnati & Lafayette.
An
'.ClKi
8
Sold in f reclosure October,
8
8
Sold in 1874.
187.3,
and re-organized under two companlot —
Keokuk & Des Moines and Des Moines an Fort Dodge.
"
No
I
late information.
0\d default. Late report of AniHterdani bondholders unfavorable.
In hands of receiver in foreclosure suit.
•fg.
.5Jfl.0(X)
ifd mortgage
Huntington & Broad I'op— 'id mortgage, consolidated
Tron Mountain Chester & Eastern— 1st mortgage, gold
Little liotk & Fort Smitli— lat mortgage, gold
40
&
Operated by Philadelphia
7
400,000
Des Moines Valley— Ist mortgage, Keokuk to Des Moiues,
miles and 4t>H,0U0 acres land.
1st morlgageon
East Alabama &. Cincinnati— Ist m'tgage endors'd by Ala,
Little Rcick
ag.
7g.
3.(30,000
2,3JO,000
gold, endorsed..
2d mortgage, gold, not endorsed
Chester Valley— 1st uiortgiige
Cincinnati
oiM*rated by trustees nf Be rdell moit gage for several years and
coiive.-ed to the new company
paiiy (iV.V.
N. England) in .July. 1S75,, alock
s'
at par
being issued to Berdell bondholders.
>iuih(
Sold in foreclosure October, ls73. State's endorsement was declared void.
It
Little Rock— 1st mortgage ^and grant
mortgage
Michigan Lake Shore -1st mortgage
Mississippi Ouachits. Jt Red River— 1st mortgage, gold
Macon & Brunswick— Ist niorlgagc, eudoised by Georgia
'2d mortgage
Equipment bonds
New Haven Middletown & Willimantic— 1st mortgage...
2(1 mortgage
Philadelphia & Baltimore Central— 1st mortgages
2d mortgHge
Plymouth Kankakee & PaciBc— 1st mortgage
Port Huron & Lake Michigan— Ist mortgage
7
Coupons to October, 1870, paid with p-^eferred stock. Coupons of April, 1871,
and since are yet unpaid. Company proposes to resume soon aod give pre-
065,000
3.600,000
7 g.
ferred stock for past-due coupons.
In hands of receiver. Formerly Chester & Tamaroa.
Sold in foreclosure Ueceinbcr 10. It74, for 8!,0J0,0CO.
3,rt0.0lX)|
r:o,oi
850.00(1
7
7 g.
«g.
Sold December 16. 187.5, to Boston parties, for $35,0 0.
Part of New Jersey Southern, and embraced in its reorganization •cbeme.
1,50.000
l,3'i«,000
Memphis ~&
'2d
1,379,000!
,
.
Peninsular. Michigan— Ist niorteage
Rockf.'id Rock Island & St. Louis— Ist mortgage, gold.,
bt. Paul & Pacific- Various issues, railroad and land grant
Selma & Gulf— 1st mortgage, gold, guai anteed by Alabama
Selma Maricn & Mi luphis— 1st mortgiigc (end. oyAla.)..
Selma Rome *t Dalton Old mortgages
—
mortgage, S. H. & I)
Southern Minnesota- -Ist mortgage, land grant
2d mortgage, land grant
Sunburv A Lewlston— 1st mortgage, gold
ToledoTiftln * Eistem- lit mortgage
Vermont Central-lst and Sd mortgages
1st
In hands of receiver and litigation pending.
1.000,000
In hands of receiver.
Sold Dec. 10. 1875, to Boston parties for $25 003.
Sold June 2, 187.5, and bought by State of (ieorgia for 11,000,000.
880,00(i
500,(1CO
2,500,000
1,100,000
7
1.50,0(0
s.ro ',000
f 00.000
1,100.000
400,000
251,000
1,.500,000
7
7
7
7
7
3.61X1,000
9,000,000
25,980,00U
& New York Air Line," and stock
issued to the liolders of bonds.
Defaulted some years since. Op^-rated by trustee for bondholders.
The comnanv was reorganized as "Boston
7
6&7
In hands of receiver.
These roads were consolidated as Chicago
t
7&7g.
I'- iNo
1144.000
7
4
late intelligence.
two years. Foreclosure decreed and appeal now
pending.
Foreclosed by agreement of bondholders, and sold in June, 1673, for fS^iOOO.
In hands of receiver over
8
7
8
7
3,»4n,000
1,252.000
1.200,000
861.000
4,325.000
Sold in foreclosure. May 5. 187'l. for $551,000.
Trustees of mortgage took p ssession Doc. 13. 1875.
Litigation of all sorts pending with tliis company. Default on second mortgage wa.s made June, l-itit*; (.11 first mortgage Deceinb r, 1872. Other Interest
I'-
Is
Western N. Carolina, East Division— 1st mortgage.
Wilmington & Reading— 1st mortgage
2d mortgage
Western Maryland—2d preferred mortgage
Laki Huron, and coupons were
Sold in foreclosure 1675. and bought for German bondholders for $1.3ifl.000.
In hands of receiver, with complicated litigations.
A plan of settlement was
accepted by Du'ch bondholders in October, 1815.
No late information.
7 g.
640,000
1,079,.500
8.500,1:00
&
fund'^d.
1
paid.
Sold June 23. 1875. for
850,000
$!'25,0fl0,
and taken for the State.
Litigation pendiue for forelo..)Ure.
1.S.50.0IK)
1,700,100!
600,000!
All the other bonds are protected and
remain in statu quo.
coupons paid or purchased.
These
I
Total.
$134,684,600
OOMPANIM first DEFAOLTING FK0»
At(-hison & Nebraska— l.-t mortgage
Central of Iowa— 1st mortgage, gold
3,7(X),(»K)I
'2d mortgage, gold
\
Chicago & Michigan Lake Shore— Ist morts., main line..
Jst nieitgage on branch
Chicago & Southwestern 1st mortgage on branch, gold.
—
Detroit Hillsdale & Indisna— 1st mortgage
*2d martgaL'e
Detroit Eel River & lUinois— 1st mortgage
2d mortgage
Frederick (fc Pennsylvania— 1st and 2 mortgages, gold
Green Bay & Minnesota 1st mortgage, gold....
2d mortgage. .
—
Gidf Western Texas
&
St. Jos.
&
C. Bluffs -St. Jos.
.
to State Fla.
& C. Bluffs, 1st m.
—
Lake Krie & Louisville Ist mortgage
'2il mortgage
Louisv., N. Albany & St. Louis— 1st mortgage, gold
Leavenw., L. & Galveston— 1st morgage, land grant
Kansas City & Santa Fe, 1st mortgage
Southern Kansas
—
Monticello & Port Jervis 1st mortgage, gold
2d mort^jge
Missouri low a * Nebraska- 1 «t mortgage, gold
Montgomery & Eufaula— 1st mort., endorsed by Alabama
1 St niortgage, not endorsed
—
Mobile & Montgomery 1st mort.. gold, endorsed by Ala
2d niortgage, iiot endorsed
.,,
Montelair jst mortgage, gold
9d mortgage
Maysville & U'xington - 1st mortgage
New York West Shore & Chicago— Mortgage bonds
New Orleans * Mobile— 1st mortgage
—
& Texas— 1st
Orleans
—
&,
& Danville— Ist mortgage
& Denver— Ist mortgage,
Sullivan & Erie— 1st mortgage
St. Louis & St. Joseph — 1st mortgage, gold
Springfield
&
Illinois
2d mortgages, gold
1,000 000
4,000,000
"
This
.3.200.00(1
800 000
1.039,500
2,E0 1,000
2,678,500
1.0.2,00
WO.OOO
1,129.000
5,aw,' 00
720,00
IfiO.OflO
500,000
ISO.OjO
<•)
1,040,000
3.30.000
8
&
g-
10
Overdue coupons since July.
litigation.
1-73 $242.5.50
is the C. Girardeau & State Line reorganized.
Suit been in progress for some years, and decided
State's lien.
Plan for funding proposed and pending.
No
information obtslnable.
1876, in favor of
December,
7&7g.
In the bands of receiver in foreclosure suit.
7
7 g.
10
10
8
7 g.
7
In
In
hands of receiver.
hands of receiver.
Bonds mostly hypothecated.
Foreclosure suit pending.
Foreclosed under first mortgage, and sold July
bonds sold to the pnblic.
bonds sold to the public.
Noticed for sale in foreclosure.
Few
1S75, for SI6B.0C0.
7,
of 2d
7g Few
8g.
8
2,5 0,00,
1,0(0,00
8g.
1.800.00>i
1%-
1,600,000
1
8
Sold In foreclosure Nov.
for
500,0,:(
3,01)0.00(1
7
7
4 000.0(0
8or7g
e.29o,oco
8 or 7
6I4..5IIV
586.500
Conneilsville- 2d mort. to Baltimore City.
Louis Lawrence
with August, 1,«7S.
Bondholders consent to wait, without
6 g.
2)H5
Paris
St.
7 g.
;
500 000
g.
$.3.(i22.0(*i.
IS, 1874,
and bought bv
^
first
mortgage bondholders
.
Sold under second mortgage Sept. 25, 1875, for 1200,000.
Sold in foreclosure August 31, 1875.
In bands of receiver, foreclosure pending.
Ibis is the part of road between Mobile and
New
Orleans,
now
In
hands of
trustees.
mortgage (west Miss, R.)
1 st mortgage
Ponghkeepsie & Eastern
2a mortgage
Portland & Oxford Central— Ist mortgage
Pittsburg
1,386.00
&
30.000
Missouri Valley. 1st mortgage
Second & consolidated mortgages
New
7 g.
Interest is paid on old 1st mortgage bonds of $477,000.
No litigation or foreclosure proceedings have been commenced.
Chicago
Rock Island guaranteed in currencv $5.0^0,000 of 1st mortgage
gold bonds on the main line, paid the interest, and foreclosed on the same,
Au^st, 1875. The branch bonds were not guaranteed, and are in I ligation
Sold Jan. 28, 1875, for $16,000 in foreclosure of 1st niortgage, and re-organized
as Detroit Hillsdale & Southwestern.
The first coupon was pas.«ed July, 18'3 half of the July, lf75, coupon was
paid. An amicable foreclosure and re-ortauization are talked of.
Leased in 1875 to Pennsylvania Itailroad. with agreement to pay interest.
Bondholders voluntarily funded coupons for three and half years, beginning
00
1,230,000
1,000,000
1,170,000
Mo.
Kan. City
92-.,ooni
4,873,1
2,164.0(10
.500.000
Pacific- 1st mortgage bond*
& Texas— 1st mortgage, go'd
Jacksonville Pcnsacola & Mobile - 1st mort.
Illinois
.IAN. 1 TO SEPT. 20, 1873.
Psssed interest September, 1873, but funded coupons successfully.
Decree of foreclosure was made November, lb75.
3.7.'.0,000i
5,000,000
!,i90.ooa
gold
Southeastern- 1st mortgage, gold.
1,0-20,00(1
i.ooo.oiK)
1,000,000
3,400,000
1,000,000
7
7
g.
Sold in foreclosure June, 187.1, and again by State of Louisiana, in 1871.
Sold in foreclosure April, 1875. for $5J,l;0U, to first mortgage bondholders.
Operation of road discontinued and the property surrendered to trtistec for
bondholders.
The interest of Baltimore City has been sold to Baltimore & Ohio Railroad.
Coupons of first mortgage bond* have been paid by Baltimoie & Ohio.
7
Receiver appointed in forec'osure suit AuL'Ust 14. 18T5.
6 g- Was leased to Miosouri Pacific, with a guarantee of interest. Suit pending on
the guarantee
Sold in foreclosure October 14, 1874. for S'W.OOO, and reorganized.
Sold In foreclosure Februarj- 18, 1874, for $100.0(0, and stock Issued to 1st
mortgage bondholders.
7g. Sold In foreclosure September 15, 1874, for $510,000, and afterwards sold
7g.
Ohio & Mississippi' UK. for $2,000,000 in bonds.
.
.
,,
7B
1
IHE
COMTASlKa FIRST DEFAUI.TINIl FROM JAK.
&
FoucI
dii
Lac— let mortgage
&
Div
Kemabks.
Funding proposition
Sold in foreclosure Novcmbor, 1876, and reorganization in progress.
7.50,001
I'-
6 0,COO
S
Sold in foreclosure April 19, 1S75, and bought by Central Railroad of Georgia
and Georgia Bailroad companies for $3,129,160.
1st miirtu'age,
gold.
—
& Miimesota 1st
MIlHuukee Division
CO.MPAN1ES FIRST DEFAULTING
mortgage, gold
.^,400.0001
i.2 10,000
1,800,000
soo.oool
8.000,000
2,100,000
Kxtension ...
Muscatine) Western exteu-iiou
I'acilic
.
equipment
SoulUwevtern — !sC mortgage
nnil
llurlingiou
&
FIiO.M
SEPT.
>iO
& Ohio— 1st
mortgage, gold..
November,
Went
4,.S50,(KX)
Chicago Danville & Vinceuues— If t mortgage, gold
Ist mortgage, Ind. extension
*itl morlgagc
Chattel mortgage
Cairo & St. Louis (nsrrow gaiige)— Ist mortgage
2.500,000
1,500 000
1,000,000
1,000,000
2,500,000
1,600,000
I
&
&
mortgage....
Milwaukee Lake Shore & Western- Ist mortgage, gold
Missouri Kansas & Texas Various mortgages, gold
—
New York & Oswego Midland— 1st mortgage,
gold
2d mortgage
Other mortgages
New Jersey Southern— 1st mortgage
2d mortgage
Oresjon & California- 1st mortgage, gold
Port Royal— 1st mortgage, gold (not guaranteed)
Sodus Point & Southern— Mortgage bonds
St. Louis & Southeastern- Ist mortgage, gold
Evansvllle Henderson & Nashville, mortgage
Savannah & Memphis— 1st mortgage, endorsed by Alabama
Southslde of Long Island— 2d and extension mortgages
,
.
.
& Warsaw— Ist mortgage. West.
Toledo Peoria
Division..
Ist mortgage. East. Division
1st mortgage, Burlington Division
2d mortgage. West. Division
Consolidated mortgage ...
Vnlou Pacific. Central Branch— 1st mortgage, gold
Wilmington
&
Western
,
.
— 1st mortgage
Total
s50,no(
16,7^2,250
1,5110.00
I
6(X),»I)0
1875.
into receiver's
00
t
mortgage bondholders
1873.
A
funding
7g.
7
1
6*7
8
;
of
directors In the Chicago, Burlington & Quincy Company and were the cause
of the difflcuities leading to the retirement of Mr. .Joy from that company
They are In the liands of receiver and foreclosure is pending.
In the hands of receiver, and litljatlon pending. The officers were charged
with fraud In building, <fcc.
This company was originally embarrassed by failnre to receive county and
town bonds pledged to It.
Bondholders held off and commenced no foreclosure suits.
Coupons funded, and payment of half cash resumed November, 1874.
In hands of receiver. Litigation pending.
8
li)
?«
3,000,000
2,013,000
1,718,000
14,922,200
10,173,679
8,923,000
8,808,600
7,042,500
3,437,000
976,000
620,000
600,000
4,218,000
400,000
800,000
400,000
3,500,000
.'
'.
,
'.
,
—
—
A Vincennes- 1st
Cleveland. Mt.
Vernon
main and branch
&
Terre
Columbus Chicago
mortgage
&
3,500,000
Delaware -1st mortgage,
Indiana Central— 1st consoL mort.
Old divisional bonds
Detroit Lansing
&
2d morlgage
Lake Michigan- 1st mortgages
Milwaukee— Bonds,
.'.
Geneva Ithaca
& Athens— Is't mortgage'.'lthaca & Athens
mortgage, Ithaca & Athens.
.
.
.
& Ithaca, gold
Springfield- Ist inortgaceV
gold
o a
ad morigai'e, gold
Intcniational & Great North.-^interiiatlonal Vst
mort
Houston & Groat Northern, 1st mortgage iiold
Convertible and 2d mortgage
..
Indiana & Illinois Central— 1st mortgage,' gold '.'.'
1st mortaa',;e,
Geneva
&
,
.
.
^
gold
.
.'.'
'
Indianapolis Bloomington & Western- 1st mortgage
gold
2d mortgage
I. B. & W. Extension, gold
Danville I'rbana Bloomington
Pekin, gold
Iowa Pacific— 1st mortgage....
'.
.,,
&
[
Northern Indiana— Ist mortgage
7 g.
7 g.
7g.
?8-
first default was made July, 1874.
The 3d mort. bonds are not included
here, as interest Is due only out of surplus earnings. Part Interest has been
paid on leased line bonds. Company in hands of receiver, and re-organization pending In London.
Interest was first passed In January, 1874. Coupons were funded and payment
resumed in full
July and October, 1875.
m
bonds were nearly all sold abroad where the 2d mortgages were placed as
collateral.
Funding was proposed.
I'- In hands of receiver, and foreclosure pending.
Funded coupons for 2X years, October, 1874, and April, 1675.
7
Is- Sold lu foreclosure of 2d mortgage Aug. 27, 1674, subject to Ist moreasea a
re-organized as Cayuga RR.
6g. As a compromise »S,000,OflO new 6 per cent currency bonds, guaranteed by
Central Pacific, were offered for these and interest— about $4 OuO 000
7g. In the hands of receivers. Coupons of London holders were taken up by J S
First
<
.
M organ & Co.
7K.
7
7
7
400.000
800,000
2,000,000
1,000,000
3,264.000
3,!187,000
4,172,000
1,95.^000
5,OCO,000
1,500,000
5,500,000
July
all
for some time after default.
of coupons of July, 1874, and one-half of those afterwards up to
1. Ifc77,
inclusive.
These bonds were not sold, but all hypothecated.
This was the most extraordinary default of anv company in the list as the
road was leased and the lease guaranteed b'v the Pennsylvania Railroad
and by its ternis the interest was to be paid absolutely on Ist morlgage consolidated bonds by the lessee and guarantor. Coupons of some of the old
divisional bonds have lately been purchased. A suit is pending against the
"
Pennsylvania Railroad.
Funded coupons and one-half of Ist mortgage inttirest is now paid in cash
one-half in preferred stock.
Interest in default on all bonds except Oakland
Ottawa and Detroit
Poutlac.
plan of funding proposed by Great Western of t anada was rejected
Plan of reorganization pending In London. Operated bv receiver
Decree in foreclosure made November, 1876.
No provision for Interest; no Intelligence of litigation.
&
A
6
6
8
8
7
7
Remains in sta/v r/uo, without
when earmngs permit.
litigation.
&
Payment
of interest to be resumed
In hands of receiver in foreclosure suit under Q. & 1. 1st mortgage and I
2d mortgage. First default on I. * A. Ist mortgage July, 1875.
Lancaster (Mass.)- Mortgage bonds
gold,.
& A
l^7g. In the hands of receiver; eubject'of tedious litigation.
8g.
Plan to fund four coupons proposed, and no litigation pending.
l^I'1g- Sold in foreclosure April 27, 1875, for $,'i0,000, bought In for 1st mortgage bondholders, and re-organized as Springfield Decatur & Indianapolis
In hands of receiver. Negotiations pejiding for rc-orgauization and suits commenced for foreclosure. Holders of Ist and subsequent liens are in omio*^*^
sition.
7g.
2,000,000!
350,000
I'-
800,000
Bonds were seut to London for negotiation about the time of the panic in 1873
but none were sold. This amount was used in some way, but is not recoir*
nized by the company.
Bonds matured 1874; principal and interest unpaid by Michigan Central, lessee
"
Litigation pending.
Kent County (Md)— Ist mortgage
Lake Ontario Shore— Ist mortgage,
7*8
6,316,0(0
3,140,000
400,000
200,000
1,500,000
500,000
600,000
1874.
Defaulted after panic, but subsequently paid half of current coupons in cash;
in Oct.. 1875, the whole coupon on consol. bonds was passed and funding
proposal made. Jan. 1, '76, interest was paid on old bonds. No litigation.
Paesed mterest on the bonds in 1874, and funded coupons.
The
it
1,369,00(1
....!'.!!
Davenport & St. Paul— 1st mortgage gold
.".'.."."
Eastern Shore (Md.)— Ist mortgage
2d mortgage
Fort Wayne Jackson & Saginaw—ist mort<'a<»e
2d nioi-t^age
* "
Oilman Clinton
6g.
6g.
8g.
3,794,000
..^.
various issues'...
8
7g.
Funded
2,3:0,000
2,000,000
10,428,000
3.75O.00O
5,817,000
Haute— Ist mortgage bonds
&
6, 7,
gold,
2d consolidated mortgage
&
fl
Nov mber,
Coupons pas.sed October, 1873, on second mortgage, and .January, 18"4, on first
1 947 01X1
10
nicjrtgage, and In July. 1875, one-half of January, 1814, wa- paid in cash
Sold In foreclosure Dec. 10, 1875. for *3,S09,788.
S.000,000
In
17.000,000 6 g.*fg.
hands of receiver, but funding proposals nnderstood to be substantially
l«.
accepted by bondholders, who are principally in Holland.
8,000,0001
Foreclosure pending. Several plans for funding failed, chiefly In consequence
4,(00,roo
of the opposition of holders of different classes ot bonds.
7,425,0001
7
2,S80,0C0
Reorganization in progress; also litigation.
7
1,100,000
7
10,950,0001
7g. Bonds all sold In Europe. Funding compromise accepted.
1,500,000
In hands of receiver.
1.325.000
I'- Foreclosed November, 1875, and bought by first bondholders.
3,250,000
?«•
1,000,000
400.000
8g. Funding proposition offered.
2,500,000
Foreclosed under the mortgage, and sold Sept. 16, 1874. for $200,000, and »ub7
sequeutly leased to Central, Flushing, North Side and Central.
In hands of receiver. Poreclosare sufts pending.
1,800,000
7
1,600,000
7
S5O.0O0
7
1,809.000
7
1,500.000
7
1,600,000
Funding proposal was offered, and no information of suits pending.
600,000
5,000,'
4,900,000
6,470,000
& Pacific- Ibt mortgage, gold, land grant. ...
2d mort., gold
"'
Interest scrip, gold
Atlantic & Great Western— 1st gen. mort. bonds, gold.
2d general mortgage bonds, gold
',.',,.
Leased lines rental trust bonds
Western extension certificates
!...!.!'.!
Atchison Topeka & Santa Fe— Ist mortgage, gold.
1st niorlgage land grant, gold
,.','.",'.'/.
Consolidated mortgage, gold
Arkansa- Central— 1st mortgage, gold
.*."!..
2d mortgai^e. gold
Atlanta & Richmond Air Line Ist mortgage. .'.'.".'.*.'.'.'.*..
Bucksport & Bangor— Mortgage bonds
Cayuga Lake 1st mortgage, gold
]
2d mortgage
.'..'.!!!!.!!.!
California Pacific—2d mortgage extension bonds, goid!
Jollet
road and defaulted
$i60,23.3,2.'S0
.\tlantic
2d
its
proposition was not fully accepted, and November, 1875, a receiver was
appointed. Plan for re-organization after a sale is ponding.
COMPANIES FIRST DEFAOT-TINO IN THE YEAH
Atlantic Mississippi & Ohio— Old sectional bonds
New consolidated mortgage, gold
.t
hands and was surrendered to
1&75.
The company was building
7g. Funding coupons. No litigation rejjorted.
These two roads were bnllfby construction companies under management
8
2,467,000
City
Albany— Irtt mortgages
Kan^a.s Pacific— Mortg. and land grant Issues, gold and cur.
I.o^ansport, Crawfordsv'e&S. W.— IsL mortgage, gold
^(1 mortgage, gold
Missouri Itiver Fort Scott
Gulf —Ist mortgage
.IiT-^cy
6 g.
7 g.
6,557,000
('liicft;;o & Canada Sou licrn— 1st mortgage, gold..
Cblcago l)ubuque v^t Minnesota— ;st mortgage
Chicago Cliuion ^t Dubuque— 1st mortgage
31, 1873.
7 g.
15,000,0011
gold
'2d n'.<)ri;;iigc,
TO OEC.
was made in November, 1873. After the failure of funding proposals foreclosure proceedings were comnwr.ced, and decree of sale made
First default
November,
('hesapi'ake
Detroit
intelligence of litigation.
$91,740,500
Burlington, Oedar Rap.
Cincinnati
offered.
3.500,IX;0
Total
Cairo
No
7
8
l,5OO,0CO
Old Wetlern, of Alabama, boiida
ijd
1673--CONCLUDBD
8g.
75f.,000
6'J4,000
ad murti;a«('
Income
SO,
ot Rate per
Bonds.
Cent.
SI. Ji>«i)li
Uenvur (,'ily-l8lmort., told, E.
1st im)il;;a''c. (,'old. W. Div
<
TO 8BPT.
1
Amount
Namk and DKscRimox.
Shc*>oy;,'iiii
[Januaiy 22, 1676,
(JHROxNlCLE.
400,000
6
90,000
2,156,000
6
Forms part of New Jersey Southern system, and
Wplan of re-organizat'on.
is
'
included In the uroDosed
*^
"^
ent into bankruptcy.
Sold in foreclosure September 82, 1874, for $1,961,S«0.
.
,
.
THE CHHONICLK
January 22, 1876.]
ooJtrANiES yinsT
m
DtrAnLTma
7i)
rng TSxa 1874—coKOLOPtP.
Amount
Namb and
of Hate per
Cent.
Bonds.
Desobiption.
Tiwoaruwas Vnl.— 1st mortgage
••
and K. & B. mortgage
Lake Suiwrior A Miss.— 1st morturage, gold
issues
Louisville, Ciu. & Lexiugion-Varioua
Madison & Portage -1 St mortgage ••,^. ••••
Marquette Houghtou & Ontonagon-dd mortgage....
mortgage. ...
Munifleld Coldwater & Lake Mfcliigau-lst
Milwaukee & Northern— 1st raortijagc
gold
mortgage,
Canada-lst
&
Midland
Miclii''au
Ma-ssachuselts Central— 1st mongage ... .... ..^
mortgage
Qap-lst
Walcr
&
Uuiundilc
Middletown
MinneapoliH A St. Louis-lsl mortgage
mortgage .. •••••••••,•
Mis:-i»»r|i|ii Valley & Wi-stcni-lst
cousol,
Ni'w York linston * Montreal -Ist mortgage, gold,
1st mortgage. Dutchess & Columbia
Boston
Jst mortgage. New York &
-^
-y ..•A'
Ist mortgage, Harlem n.ttensioii
N. Y. Kin. i Sjrac.— 1st m., g. (iuclading Rona. « OS.).
2,0(»,000
69«,ono
Northeru-lst mortgage, gold...
1,500,000
30,441,300
&
Lnkn Shore
ad
7
7
miirt'.'uiji)
"
.
New
Y'ork Uousatoulc
Northern Pacific- 1st mortgage, gold, land grant
&,
New Jersey Midland— Ist
ad mortgage
&8
,7.
10
L6::0,000
8,13I,IKK)
410,0011
WS.OUO
400,0(H)
No recent information.
Sold in foreclosure AprU 14. 1B75, for $800,000.
This was a consolidation, and the mortgages, except the consolidated, are
prior liens on the divisions named. In hands of receiver, and foreclosure
proceedings pending.
700,00(1
800.000
6,617.500
1,727.000
1,79U,800
.3,«16.922
Sold
2,500,00
—
1 50l,0(K)i
1,0.50 000;
7
1
12,
187S,
for $100,000,
No
;
Eochestcr & State Line— Mortgage bonds
byracuse Northern— 1st and 2d mortgages
3d mortgage
Stillwater & St Paul— 1st mortgage, gold
Savannah & Charleston— Bonds guaranteed by So. Carolina
Bonds not guaranteed
Stockton & Copperopolis- 1st mortgages, gold
1,105.000
900,000
20O,OCOi
400,000
610,000
1,000,000
6g. Compromised by bondholders taking
Toledo, Canada Southern & Detroit— Ist mortgage, gold..
Traverse City (Mich.)— 1st mortgage, gold
V icksburg & Meridian- Various bonds
Walkill Valley— 1st mortgage
2d mortgage
Washington, Virginia Midland & G. S.— 3d and 4th mort
1,350,000
850,000
3,096,600
700,000
68,510
1,300,000
Tg. Connection
1,021.000
1,500,000
7
7
&
Operated with Lake Superior
In the hands of a receiver.
6
by Central
Mississippi.
No late information.
,
6
per cent bonds for $500,000, guaranteed
Pacific.
Canada Southern, and dependent on
No information, except Michigan State Report.
]'
of
that.
No
7
iutelligence of litigation.
Sold in foreclosure Oct. 21, 1875, for $50,000, subject to
7
8
Interest on these overdue
8
7
No
first
from September and November,
first mortgage bought by Baltimore & Ohio.
Receiver appointed Nov. 12, 1875.
mortgage.
1875,
Coupons of
recent information.
companies first DBFACLTINO IN THB TEAR
Annapolis & Elk Ridge— 1st mortgage
Cherry Valley, Sharon & Albany 1st mortgage, bonds.
llanviUe Uazletou & Wilkesbarre— Ist Aortgage
Bay City— Mortgage bonds not guaranteed
European
*
—
North American— let mortgage, land grant.
—
Lafayette,
&
Muncie
Bloomington— 1st mortgage,
.,
1,125,000
Miss.
gold.,
— ist mortgage, gold
mortgage
mortgage
.
Marietta Pittsburg
&
I'- Defaulted Nov. 1, 1875. and proposes to fund five coupons.
ig. Leased to Missouri Kansas & Texas. Coupons of May,
1,100,000
230,000
4,175,000
Alabama Grand Trunk— 1st mortgage bonds.,
&
— 1st
'^
a,4«,ooo
666,000
1,300,000
900,000
800,000
8,500,000
Lafayette Bloomington
Lexington & St. Louis
.
Cleveland— Cousol. mort., gold.
.
litigation.
Recent default. No littgatiou.
The bonds on New Brunswick section are not here included. Road is in hands
of trustee of consolidated mortgage. Coupons to be funded.
The President, Hugh J. Jewett, was appointed receiver May 26, 1875. Interest
egis paid on the first f»ur mortgages.
Foreclosure proceedings are pending on
the 5th and consolidated mortgages.
2,000,000
1,000.000
709,500
4 577,714
12,076,000
14,400,000
10,000,000
—
No
Defaulted December. 1875. Bonds mortly held by D. & H. (3anal.
Was lea.sed to Pennsylvania Railroad and coupons of October, 1874. purchased
by that company, 'in defanit since April, 1875. Negotiations pending.
1,90(1,000
Consolidated mortgage
Erie .5th mortgage
Sterling convertible
1st consolidated mortgage
2d consolidated mortgage
Debenture bonds, convertible
Flint & Pere Marquette Consol. 1st mortgage
Hannibal & Central Missouri— 1st mortgage, gold
2d mortgage
IllinoisMidland— 1st mortgage, gold
1875.
First default, January, 1875.
158,000
307,000
1,400,000
—
*^d
&
51:0,(100
$262,366,701
Total
&
London.
Most of bonds hypothecated as collateral.
l^- Some bonds hypothecated none sold.
?^Formerly Berks County Uailroad; now operated by Philadelphia & Reading.
Coupons pissed since November, 1874, not funded
7
It was proposed to retire these, and issue $500,01)0 Ist mort to complete road.
Sold in foreclosure July 31, 187!), under thiid mortgage, and bought for $240,003.
7
(
Detroit
parteia in
recent information.
7
(?)
1,5('0,'000
—
and preferred stock issued to
Bonds held by a few
The road has been abandoned.
7
7
251.000
1,000,000
Whitewater Valley— Mortgage bonds
Wisconsin Valley Ist mortgage
mortgage bondholders
I'7
g.'
100 000
-.
flrst
Foreclosure suit pending.
Holders asked to exchaiige for a new income mortgage bond.
In hands of receiver. Foreclosure suit pending.
7
908,0001
Quincv .\lloii & St. Louis— 1st mortgage, gold
Quincy Missouri & Pacific— Ist mortgage
Heading & Lehigh Berks Co.)— Mortgage
and purchased for
A
7-.30
600,0001
1.641,000
5,000,0001
•
2d mort-jage
7
8
6(10,000
6211,000
.
in foreclosure,
Litigation and reorganization plans are pending. Conpuns once funded, but default made again.
In liunds of receiver, and litigation looking to foreclosure lu progress.
S .id in forclosurc Sept. 15, 1875, for $50,000.
Sold in foreclosure December, 1875.
Nashville. In hands of receiver.
Consolidated as Evansville Owensboro*
Bonds have been reduced to this amount by exchanges for land. Coupons
have been exchanged for land, and only about $15,030 are out. The company
has land notes for $40,000.
Litigation in progress.
'ifl'"
2011,0(10
l,100,l)l»!
Petersburg— Bonds (not mortgage)
Padncah & Memphis— 1st mortgage, gold
Pittsburg Cincinnati * St. Louis— 2d mortgage bonds.
Peoria & Hock Island— 1st mortgago. gold
Portland & Uochester— Mortgages to Portland City. ..
Pithole Valley— Ist mort^'age
Painesvllle &, Youngstown— 1st mortgage
2, 1875,
In liands of receiver.
1.5110 00!)!
-Ist mortgage, gold
May
for S75'),O0O.
Foreclosure pending.
Sold iu foreclosure Aug.
bondholders.
1,81)0,01)0.
.rersev
Omaha & Northwestern
7 K4,0i5,0l!0
Bl)0,UOO
70S,I)00
.s,noo,oool
mortgage, gold
...
West Line -1st mortgage, gold .......
Osage ValiVy & Sontherti Kansas—Mortgage bond
Oil Creek & .-Mlegheny Kiver— Consolidated mortgage.
Owensboro ,& Xtuasellville— let mortgage
New
Rkmarks.
Sold in foreclosure January 87, 1878, for $1,000,000, subject to flmt mortgage
and E. cSs B. mortgage.
Was leased to No. Puc. In hands of receiver. Funding proposUion offered.
In hands of receiver.
Operated by Chicago Milwaukee & St. Paul. No Information.
Funded four coupons be.'inning with March, 1874.
Surrendered to trustees of mortgage January, 1876.
Was leased to Wisconsin Central, but leaw failed. Litigation pending.
k. connection of Canada Southern and dependent on it.
Road not in operation.
Counectioii of New Jersey Midland. No recent information.
1875,
were paid or
bought iu August.
Col. GeoT<^ Dole appointed receiver in September, 1875,
7
7g.
Consolidation of
Paris & Decatur. Paris & Terre Haute, and Peoria Atlanta & Decatur.
Leased to Toledo Wabash & Western. One coupon was bought or taken np.
to Toledo Wabash & Western.
Leased by Pacific of Missouri. Interest passed on first mortgage December,
1S75.
The second mortgage is hypothecated.
Went into hands of the President as receiver Aug. 5, 1875; funding proposition
Is- Leased
?«
7g.
pending.
Mobile
&
Mobile & Ohio— Various issues of bonds
Midland Pacific— Ist mortgage, gold
Paci'lc of Missouri 3d mortgage bonds
12,132.501
l.lOc.OO"
—
—
Pekin Lincoln & Decatur let mortgage bonds
Sacramento Valley— 1st mortgage
Si. Louis Tunnel— Ist mortgage, sterling
2d mortj^age
St. L. I. if 4 So.— All mortgages, exceptlst of St. L.&I.M.
6.
7&
8 In
7g.
2,500,000
7
1,076.000
400,00
7
10
1.000,00(1
coupon passed .Tuly, 1^75. Negotiations pending for completion of road,
and bondholders await result.
hands of receiver. Suits pending.
Passed coupons Aug., 1875. Expects to pay soon out of earnings. No litigation.
These were issued to Atlantic & Pacific (company, lessee, for Improvements.
Default made November, 1875.
First
9g.
1,000,000
19,6)0,000
10
14,396,000
7
600,00(1
7
2.700,000
5,000,000
3,300,000
3,815,500
640.000
2,600,000
4,618,500
7
7K-
Toledo,
Wabash & Western,
lessee.
Principal of bdnds fell due July l,;i8?5, and 5 p. c. notes were given Inpayment.
in the hands of the trustees of the fonrth mortgage Illinois
St. Louis
bridae.
Coupons funded 1875 on ail except old first mortgage, as follows: On Cairo
Fulton, Ist mortgage. July. 1875, and .Ian. and July, 1876; Arkansas Branch,
June and Dec, 1875, and June, 1876 ; St. Louis & Iron .Mtn.. 2d mortgage.
May and Nov., 1875, and May, 1876 ; Cairo, Ark. & Texas bonds, June and
Dee., 1875, and June, 18;6; consolidated mortgage bonds, April and October,
1875, and -April and Oct., 1876; Cairo
Fulton income 8 p. c. bonds.
bo " August,
1875, and Feb. and Aug., 1876. and Feb., 1877.
First defaulted in 1875. Funding proposal offered but not accepted. Fore
closure pending.
&
Tunnel
&
&
Toledo Wabash & Western— Old morts., divisional bonds
Equipment bonds
Consolidated mortgage
2d consolidated mort., gold
Wilmmgton, Col. & Augusta— 1st mortgage
West Wisconsin— 1st mortgage, gold, lantl grant
Southern Extension mortgsige
Consolidated mortgage, gold.
Wisconsin Central— Ist mortgage, gold
•
Total
.
?^-
Interest passed December. 1875, and the funding of three coapona proposed.
7g. Coupons funded and payment of interest resumed in part.
7g. Funding of nine coupons, July,
1875 to 1679 Inclusive,
is
iu progress.
I$140,4i8,aij
C0MPANIB3 riBST DBFACLTINO IN JANCAKY,
Carolina Central— let mortgage, gold
Cincinnati,
&
Wabash
3,000,000
Michigan— Ist mortgage
Eusiern (Mass.)— Essex Railroad mortgage bonds.
i,2no.oo<,
.
.
Notes
Total
191,400
100,000
I'-
1876.
Interest passed Jan. 1. 1876. Road earning well, but embarrassed by floating
debt. Proposals to be made soon to bondholders.
Some of the bonds held by Lske >hore & Michigan Southern.
First interest on bonds was in default January, 18:6. Negotiations pending.
7
$4,494,401
The Canada Soothem Railroad
^^ The
Lonlsville,
bonds of the
The general
St.
Paducah
Lonis
results
&
is not included above, as it is not a road within the United States.
j
j
»*
Southwestern, having $3,000,000 of 8 per cent bonds, which first passed interest in 1874. and $2,01)0.000 consolidated mottgKe
and not observed until the totals and percentages had all been made.
& Southeastern road, were inadvertently omitted in the above list,
would not be materially altered by
their addition.
:
.
.
THE CHRONICLtl
80
Catest fHonetarn anh (Sommercial (Siialiah Netna
RArUSWK •SVUIIANUK A. C tiONUUN. ANO ON I.OMI1ION
AT LATB8T DATES.
BXCnANGK AT LONDONJANUARY 7.
OK—
Tim.
KkTE.
The
[Jamuary. 22, 1876.
rates of interest allowed
by the
Joiijt
stock banks and
discoant bouses for deposits are as follows:
Per cent.
Jolnt-stocic
banks
•'!W@...
DIscottnthoascsatcall
Discount houses with 7 days* notice
Discount houses with 14 days' noMcc
HXCHANQK ON LONDON.
^m&.-.
-1
t^..
4
®...
Annexed is a statement slio wiug the present position of tbe Bank
of England, the Bank rate of discouut, tlie price of Consols,
I.ATIST
DATE.
average quotation for Eii;;lish wheat, tbe price of Middling
Upland cottoS, of No. 40's Male twist fair second quality
and the Bankers' Clearing House retarn, compared with thetlie
Amsterdam
Autworp
Hamburc
3 monihs.
. .
ftitU
Paris
aij.8x
short.
Frankfort
8t. Petersburg
Cadiz
90 days.
Lisbon
Milan
i months.
Oenua.
Naples
•
Madrid
•
Newlfork....
Bio de Janeiro
bahia
Baenos Ayres..
%.M
48
!R.55
27.55
S7.S5
Bombay
8mos.
short.
iu(>«.
lis 00
abort.
ill. .12
7.
.3
Smos.
^87.60
S».M)
3moc.
7.
Oci.
a\
Dec.
9.
17.
7.
48
HODi; Kong...
U.
Wd.
27
It.
SXrf.
3a
....
6».
U%d.
»Xd.
&*9H
4?
£
£
£
56,915,4«3
28,483,5.54'
6,48tl,:44
19,607.516
56,482,323
5.372,.W0
91,576,202
l.'i.27ii,325
15,49.'>.266
l.'),918,fe9
Other Bccurities
16,930,550 !d,481.665
Reserve of notes and
coin
14,628,780 13,970,325
Coin and bullion In
' both departments.... 24.901910
24.051,412
Bank-rate
3 p. c.
4>i p. c.
Oonsols
SI2%
'ii'/,
17,923,467
17,590 801
8.477.312
19 462 Ct*
16,890 7r4.
91,661.281
11,846,296
10,464,536
8,132,941
82,913,791
4 p. c.
99,055,311
6 p. c.
91,915,761
5 p. c.
Bngllshwheat
Mid. Uplandcotton ..
No.4Drauleyarnfalr Sd
4.3X@43Ji
27X
S7.
Jan. e.
Dec. 31.
Jan. 6.
Jan. 1.
r,b
i.S4X
»7X®«7>f
60 days.
90 days.
6moB.
]».
1».
9' 13-16'/.
» ISlUd.
4s. Oiid.
6».
54s. lid
10 3-!6d.
IKd.
4
Amsterdam
namburg
SX
3
Berlin
6
B
5
3
b\i
5J<
5ii
5
any importance, a considerable quantity has been withdrawn from
celona
Lisbon and Oporto
St. Petersbure
directors have, therefora. been compelled to aug-
their terms for acoommoJatiou to the extent of one per cent,
and their minimum charge is now 5 j^r cent. The slate of the
Bank account fully justifies tbi? course. Some of the changes
are. it is true, but of a temporary character, being incidental to
the close of the year but the supply of bullion has been diminished by nearly half a million, and the reserve of notes and coin
ment
;
by rather more than one million. The proportion of reserve to
reduced to 3S| pel cent, which is a point which
would create some uneasiness, were it not for the fact that notes
and coin will be so5n returning from provincial circulation, and
that a large supply of money will be soon released by the payment of the dividends on the public funds. The probable future
course of the money market is very difficult to determine, and
there can be no doubt of tha fact that the uncertainty will remain
as long as the German coiaage operations are in progress, and as
long as France considers it to be to her interest, or thinks it
liabilities is
expedient, to pile up a large supply of sold in the
The gold held by
that
vaults of
Bank now amounts
its
to as
being the largest stock ever held by any
National Bank. That supply i.t simply out of the market, and
It is probable that it
is not available for mercantile purposes.
much
as
£07,442,510,
will continue to increase, as the trade of the world
is in
favor of
France, while the indications of a return to specie payments are
not yet at all distinct
As l»ng as Germany is a buyer of gold,
and the French note remains at par, it is thought to be probable
t'lat the French Government and the nation will be content with
m%
d.-
45a. 3d.
6 15-iedV
7,=.'d.
Bank
rate, market.
per cent, per cent.
Paris
National Bank.
99K
44^. 2d.
8Hd.
Bank Open
!
The
92X
6l9. 8d.
Is. 23icl.
Is. 3d.
Is. l^d.
U. Od.
llJCd.
House return 102,968,000 l!4.036,00O 120.225,000 124,012;iiO0 l-3'i.9O3,0O»
following are the rates for money at leading cities abroad
The
W)4
Smos.
Jan. 5.
IFrom oat own correspondent.]
London, Saturday, Jan. 8, 1870.
The demand for gold for export has continued on a moderately
extensive scale, and, in the absence of supplies from abroad of
the Bank.
578.3d.
10 5-16d.
20,3»6,'!69
quality
aa'.uiia.
.
.
16,969,099
Clearins!
fenang
Singapore
Alexandria
187f,
1875.
1874.
£
87 3S7,973
government securities.
Jan.
Dec.
ISM.
1872.
U^M
tlH&^X
:
Circulation, Includlqj;
£
bank post bills
95.813,5.33
Public deposits
4,151.975
Other deposits
95,694,584
Sljf
.
Calcutta
>
90.33
Nov.
Not.
60 days.
StaanKhai
11.0.;
25.14
30 16
26.15
(a48x
...
.
short.
previous four years
Jan.
30V®)«K
Valparaiso
Moiiievidoo...
7.
StO.tW
<•••
Peruambuco..
Jan.
M.64 OM.66
M.io ihis.as
montba. t6.40 S».45
....
:i.6:)
aii.vj
8
Vienna
Via
Frankfort
Vlennaund Trieste....
Madrid, Cadizand Bar...
Brussels
Turin, Florence
....
market
4
i%
5
6
4Vf
and
Leipzig
5X
5
4;!i
4X
New
Yorlc
Calcutta
6
6(88
4
3>tf
Copenhagen.
6
ConstintinoDle..
W
Open
rate,
per cent, per cent.
.,
*}i
6X®7
....
6Sf
6
'•
6
There has been a good demand for gold for export, and not only
have all available supplies in the market been purchased for
export, but, as stated above, about half a million has been withdrawn from the Bank. Since the rise in tbe Biuk rate, however,
the exchanges have beco.Tie more fav.irable, and there has been
The silver market
a decided falling off in the demand for gold.
has bjen dull, and prices have had a downward tendency.
Annexed are the quotations :
eoi.B.
Bar Gold
Bar Gold, fine
Bar Gold. reHnable
Spanish Doubloons
South American Doubloons
OnitedSta'.cs Gold Coin
8.
d
a.
@
t
per oz. standard. 77 10
per oz. standard. 77 10
per oz. standard. 78 (H)
per oz.
peroz.
;..-
a ....
©.
a
A.
d.
a
68 5- .e® ....
W'/J
o ....
...
pero«.
SILTKR.
BarSilver, Fine
per oz. standard, last pri'je
55'/i
Bar Silver, con'ng 5 grs. Gold., per o/. siundard.
do
Mexican Dollars
per oz.
do
Spanish Dollars (Caroins)
per oz. none here.
Five Franc Pieces
peroz.
bottle.
Discount, 3 per cent.
Quicksilver, £10 l."w. to £11 per
.
d.
...
t
....
:::.
The periodical sale of bills on India was held at the Bank off
England, on Wednesday. The amount allotted was £700,000, of
which £380,000 was to Calcutta, £20.000 to Madras, and £300,000*
Tenders on Calcutta and Madras at Is. 9|d., received!
to Bombay.
That
15 per cent., and on Bombay, at the fame sale, 14 per cent.
result shows no material change in the demand for the means ot'
remittance to tbe East.
The banks and discount houses
are
now
declaring their divi-
few exceptions, there is, as might have
the existing condition of affairs. Latterly gold has been sent away been expected, a falling o6F in them, compared with 1874. The
from this country, not only to Germany, but also to France. Loudon & Westminster Bank recommend a dividend of 7 per
That movement has been produced, not only by the requirements cent, for the half year, making 12 per cent, for the year, while
of Germany for her coinage operations, and to meet tbe balance of the " rest," or undivided profit, is £700,000, against about
trade in favor of ^France, but also to pay for the foreign stocks £1,000,000, in 1874. The dividend for the corresponding period
which we have lately purchased in large amounts. The rise in of 1874 was 11 per cent and for the whole of that year 21 per
the value of money here will check the latter movement, as a cent.
consequently, last year's losses have diminished that
moeh greater degree of caution will have to be exercised now bank's profits to the extent of 9 per cent. In 1873 the distribution
dendm, and, with but
,
;
Bank rate is at five per cent.
was 32 per cent., and in 1873, 20 per cent.
commercial demand for money has been upon a very
Tbe Union Bank of London recommend the usual dividend at
moderate scale, and there is still no prospect of any immediate the rate of 15 per cent., carrying forward £7,200. At the close of
increase in it. The trade of the country remains slack, and it is 1874, £33,000 was carried forward.
more than probable that as long as an uncertainty exists about the
The London Joint Stock Bank have resolved upon paying a
future course of the money market, and as long as the state of dividend and bonus of £1 10s. per share, being equivalent to 10
Turkey produces uneasiness in Eirope, there will be bu*, little, if per cent, for the half year, and making 17| per cent, for the year.
any, disposition on the part of the mercantile community to For the corresponding period in 1874, the distribution was £1 ISsextend greatly their operations. It is quite possible, as neither per share, or 11 per cent., making 31 per cent, for the year. There
the one nor the other is likely to be quickly arranged, that our is a falling off, therefore, of
3J per cent. For the corresponding
merchants will bo disinclined to depart from the cautious policy half of 1873 the dividend was
13J per cent.
they have now pursued for 6c many months. The quotations
Tenders have been received this week for New South Wales
for money are as follows
Oovern-nent Debentures.
The amount offered was £901,500,
percent.
Per cent.
Bank rate
5
4 months' bank bills
4 (^41^ aud the applications reached a total of .£1.374,700, at prices
Open-market rates
6 months' bank bills
4 ©43<
ranging from ,£91 to £95. The minimum was fixed at £92 10s
4 @4H
aOandBOdAVS' bills
4 and 6 months' trade bills. 4 @4>j
4 ®4X
»q»onthe' bills
The debentures bear interest at 4 per cent, per annum.
that the
j'be
:
:
.
:
:
;
THE CimONlCLE.
January 22, 1876.]
81
loan, introduced laRt week, waB not result was, not only that wheat receded in valae to the extent of
but it 18 now olficially mentioned that the 20 shillings per quarter, but it declined to a point which operated
balance remaining hag been taken at 98^. These debentures as a discouragement to our farmers, who thereupon decided on
cultivating much lesa.
In this they were aidod by the very inper cent.
'.were to bear interest at the rate of
Messrs. Henry S. King & Co. invite applications to an issue of auspicious weather in this country during the period of blooming.
€150,000 in seven per cent, first mortgage bonds of the Utica, The heavy rains and floods of last midsummer must be fresh in
Ithaca and Elmira Railroad Company, being the balance of the recollection of our readers, and the farmers will have ample
an authorized issue of £300,000. The price of istue is to be 03J and serious reasons to regard the year 187S as a year of floods.
per cent., or £185 per bond of £300. The principal is redeemable The result of the unpropitious weather in June and July waa
very adverse to the farmers' interests, for not only was the prosin 1903.
The state of the Eastern question, and the uncertainty which pect at one period exceedingly gloomy, but there wore apprehen«xlsts about money, have cauped the stock markets to rule dull. sions that the crops of cereals would prove to be an almost comThe public have afTorded but little support, and the result has plete failure, A brief period, however, of summer, or harvest,
been that most clasees of securities have given way in price. weather enabled the farmers to gather in unusually limited crops
At one pOTlod of the week, Egyptian stocks were much de- of wheat, and although, during the period of adverse weather,
pressed, owing to a report that Mr, Cave, the English Commis- those farmers who had not disposed of their produce were enabled
The truth seems to to obtain mucli higher prices, yet the produce they had just
.sioner, and the Khedive had had a dispute.
The Cape
of
fully BubBcribed
Good Hope
;
H
te that there are some private accounts which the Viceroy and secured was indifferent in quality and very restricted in amount.
bis Government are unwilling should be investigated, but, as The excitement which prevailed in the trade during the period of
adverse weather, and the fears which prevailed that the crop
Mr. Cave is desirous of making his report clear and trustworthy
he has insisted upon their being submitted for examination. In would be almost entirely lo.st, induced merchants and speculators
the absence of investments on the part of the public, speculators to forward largo orders to the producing markets, and it was
ior the fall have had it much their own way, and hence the de- quickly discovered that large supplies existed in the world.
xline in prices. As a good deal of money will be soon released by During the first few weeks of the new season, therefore, oar
the payment of the dividends, it can scarcely be expected that imports were on a very large, and, indeed, on an unprecedented
sound securities, although in the majority of cases prices rule scale, and, in spite of the poorness of our own crop, the trade was
altogether wanting in animation
and, instead of advancing, as
high, will bo long neglected.
The trade for wheat has been exceedingly quiet during the the English farmer wished and expected, prices had a downward
week, and former prices have been maintained with difficulty. tendency. The result of the last crop to the English farmer is,
;
—
The
stocks at the outports are large a fact which, witli a large
supply of produce afloat, naturally induces millers to operate
with considerable caution.
undoubtedly, very disappointing, but, fortunately for this country,
there have been ample supplies of foreign wheat in existence
and, as we have had no competitors in the producing markets, we
The imports and exports of cereal produce into and from the have been able to obtain the supplies we require — and, indeed,
United Kingdom since harvest, viz., from September 1 to the more than we require on very moderate terms. Thosa terms
—
magnitude of wants justifies, but
no competition, and when powers, or countries, are
1873.
1872.
compelled to realize, and an abundance of produce exists, it
Wheat
16.131,620
19,04'.l,6o9
Barley
3.120,!U1
6K83,670 cannot be Burprising that prices should rule low.
According to
OatB
3.t>51,385
3.8-iO,!l99
3,61u,*>16
3,aai,758
Peas
541,6
the official returns, the deliveries of home-grown produce have
7S9,67S
5S9,8.'i8
3-J9,814
BeanB
1.! 26,470
374,161
S,1U5,976
930.949
fallen considerably below those of last year._
Indian Corn
7,15!),SOO
59,S0O
4,02:1.822
6,^33.^6r
8,945,653
Floar
i34,B82
2,427,'.'4«
S,?8S.983
i'.odo.srs
The return for the week ending January 1 shows that in thst
BXP0RT8,
period only 34,.j57 quarters of English wheat were delivered in
Wliest
80.6.38
126,906
1 39B.962
110,166
Barley
8 8.34
181,752
28,546
4,460
the 150 principal markets of England and Wales, against 49,135
OatB
94.447
40,108
2:j,686
84,361
Peas
quarters in the previous week, and 37,931 quarters in the correfi,(/67
8,871
2,88-1
6,783
Beans
3,537
918
SOS
638
sponding week of last year. Since harvest they have amounted
Indian Com
3J,H98
n,37B
70.217
6,427
Floor
7.171
28,283
69.590
8,576
to 853,803 quarters, against 1,135,653 quarters, while in the whole
Owing to the liberal importations since harvest, the stocks of Kingdom it is computed that they have been 3,409,300 quarters,
foreign produce in the United Kingdom are now very large and against 4,506,700 quarters in the previous season.
The diminuare considerably in excess of last year. They are as follows
tion this season, compared with its predecessor, now amounts,
I)pc 31. '75. Dec. 31, '74.
therefore, to about 1,100,000 quarters. It is estimated that the
Q'lariers.
Quarters.
„„
following quantities of wheat and flour have been placed upon
Wheat
2,:i34,.'6J
778,958
Barley
211,032
242,358
the British markets, thus far, this season
Ouls
2W).628
3;JI,8U
week, will be seen in the following figures
close of last
are decidedly lower than the
:
when
IHPOIITS.
1875.
1874.
Cwl.2i.bJl. 512
!4.263,+ lI
....
3,88S,M0
5,869,933
there
is
,
,
.
,
:
Beans
20,073
23,597
175,258
fe«,8
Indiancoru
The Board of Trade
They show the
issued.
returns for the past year have
1675-6.
ust
been
Total
In December
In twelve months,
1874.
1875.
£33,137,892
£28,683.185
3:i,3-!9,412
370,054,834
£12.114,411
373,941,185
£19,147,506
£17,830,148
£lT,-297.543
255,lii4,ti03
S39,;58,121
223,494,570
falling off in our exports
during the year, compared with
1874, has been therefore £16,000,000, and compared with 1873,
neirly .£33,000,000. On the other hand, there is an increase of
nearly £4,000,000 in the value of our imports.
As WB have no>v entered upon the new year, a brief review of
the production, price and
1875
may
movement of wheat in the United King,
be of interest.
Th? wheat harvest in this
country was a very unsatisfactory one, both in point of quantity
and quality. The seed in the autumn of 1874 had been sown
under favorable conditions, but, in consequence of tbe heavy fall
which had then taken place
in prices,
and
in consequence, also,
of the remunerative quotitions current for feeding stuff's, the
quantity of land placed under cultivation was considerably below
the average.
In 1874 there had been abundant harvests in most
parts of the world, and it was soon discovered that there was a
large surplus available for those countries in which there was any
deficiency.
It
2,080,278
13,1»7,6«6
40,197,843
87,809
37,332,238
155,191
3«,tt99.76l
1.469,551
a9,.•*^91113,74a
turned out that
country alone which
required any considerlble supply, and hence, owing, in a great
measure, to the flnafacidl necessiues cf the producing nations,
l*rge BupplieB 6t foreign produce were directed to our ports. The
it
\»as
Result
4),110,039
37,177,067
35,230,212
39,462,175
61s. 9d.
578. 5d.
Average price ot English wheat for
the season
EXTORTS.
In December
In twelve months
for
2,788,983
20,8:9,844
Imports of wheat since harvnst
22,681.512
Imports »f flour since harvest
2,231,8^3
Deliveries of home-grown produce. 15.311,43*
Dednct exports of wheat and Hour.
1873.
dom
187»-S.
19,049,689
2,4 17.944
18. 103,884
cwt
followinsr results
IMP0BT8.
The
187.VI.
16,431,V>20
cwt
71,428
j
1874-5.
14,2il3,.431
83,961
41,.55S
this
478. 5d.
45s. Id,
According to the Board of Trade returns, our imports of wheat
in
December amounted
to
4,363,300 cwt., against 3,371,094 cwt.
the twelve months being 51,780,393 cwt.,
against 41,479.460 cwt, in 1871. The estimated value of the year's
imports was £37,418,970, against £35,201,063 in 1874. From the
last year, the total for
following table it will be seen that our imports in 1875 have not
been exceeded since 1859, and it is evident, therefore, that they
were the largest on record
IMPORTS or WHEAT INTO THE ONITED KINODOX.
In—
1875
1874
1873
1874
1»71
1870
1869
138'
1867
In—
1875
1874
1873
1872
1871...
1870
1869
lane
1867
Cwts,
,
In—
Cwts.
51,786.r,93
41,47!),4S0
1836
1865
43,751,630
48.127,726
i8')4
t8.16«.S2o
20.962,963
28.196,714
186-3
»4,:J8I,I7I
39,:iS9,»)3
.30,901,829
1862
41,081,503
1881
29.955.M2
37.695.8i8
32.639,7S8
34,615,569
1K60
1839
25.484.151
17,337,529
IMPORTS OP FLOUR INTO THE DHITID KINODOK.
Cwts.
6.0:8,li89
6,229,608
6,2O4,2t0
136
8,977,9)9
4.80 1,909
B,491,5S5
3.093,028
8,592,963
4,.''83
In—
18-i6
1865
1801
Cwtf.
4.fm,*fO
3,<.01.471
4,518,891
1»B.S
5,»I8B77
186*;
1861.,..-
7.807,113
6.15S,S8S
186a
6,08ll,*aO
1859....
3,888,814
—
:
THE CHRONICLE.
82
[January
showB the extent of our imports of wheat
from each country durinf; the first four months of the
Beason, as compared with the same period in the two preceding
Previously reported.
seasons:
1575
The
and
following: returo
flour
1874.
1876.
2,730.028
6.890,162
1,369,926
847,884
1,2-25,(129
1.419
sa%8f)3
1.4S5,8i«
244,821
544.(01
210..W8
26,060
646,936
4,145,6.M
7,246,176
2,07H.9C8
2,462,677
8"4,160
482,144
792, vol
1.462,151
2,483,440
16,013.695
13,888,127
21,693,076
750,293
7.36.881
Bona
187S.
cwtt. S,77O,160
7,987,»30
5,168,977
United State*
Brltlth North America
Germauy
Jrance
40!,918
Ohllt
TarkcT, Moldana aad Wallachia
105,3.30
Eitypt
Other cpnntr^.es
Total
rLOUK.
UnitedSUteB
830,525
95.266
256.709
178,837
574,137
France
Germany
BriilshNorth America
Other conutries
1,938.464
Total
44-i.683
£06,163
843,162
95,814
2i5,131
.321.244
1,757,015
2,133,258
187.949
381,0)1
£11,789.109
1,827,859
2,561,419
1,505,234
325,9^5
408,653
1,592,667
1,461,248
1,661.843
1,608.227
231,058
579,963
2,609,336
1,749,026
£18,175,539
£15,162,a!4
£20,121,662
432,3.38
2',357,307
Total
ism.
1874.
£7.307,158
Itidian corn
Biisllsh flarket
Reports— Per Cable.
Thedftilyclosiugquotationsinthe markets of Loudon and liivei.
pool for the past week have been reported by cable, as sh wu in
summary
London Money and Stock Market. — The
Bank
Fri.
Consols for money
"
account
93 15-16 93 13-16 93 13-16 93 11-16 93 13-16 9:! i;j-16
98 15-16 93 15-10
1-16 93 15-16 93 15-16 93Jg
94
106i^
a.8.6B(5-208,)1865,old.l05
106%
105%
105Ji
105K
108 >i
lOgJi
1867
108
108X
1083i
108Ji
107
106>4
107
106%
D.8.10-40S
1(I6K
106>i
Wiy,
104«
58
l(l4^i
104J<
104Jii
104Jf
New
€iommcrcial anb ilXmt\\a\uon5 Necos.
iND KXP0KT8 FOH THB VVbbk. — The imports
—
Bankkhs' Almanac fok
lists
1876. This annual publication is just
For twenty-five years it has made its appearance reguand is of great use to a large claes. It contains complete
of
The National banks,
State banks and private bankers of evory
United States; the president, cashier and
and the New York correspondents of all.
The pavings banks, trust companies and safe deposit companies
of the United States. The stock brokers and gold brokers of New
city and town in the
capital of each bank,
York City.
The banks and bankers of Canada, and
Price, $3.
Mutual Insurance Company.—It
Dry goods
General merchandise
. . .
Total for the week..
Previously reported....
Since Jan.
tn,282,I62
$7,71 ',264
7,-54,124
5,348,106
{14 966,378
$16,630,868
1
1875.
$2,913,255
4,261,417
1876.
12,617.478
6,271,622
$7,204,672
5.808,864
$8,889,000
7,528,539
$13,008,536
appears that the
Pacific (Marine) Insurance Company has done a large business the
past year, notwithstanding the general depression all over the
commercial world.
notice that their premiums amount to
This, if
.'fSOS.an 67, eiclusive of $88,973 19 outstanding Jan. 1.
we remember rightly, is a consideraijle increase over the previous
twelve months. The total assets of the company are now $1,002,391 15; and they pay tneir usual interest on outstanding certificates, besides a dividend in scrip to be issued April 4, to ihoae
entitled to participate.
We
The Railway Review
of this week comes to us in a new and
dress.
The journal has just entered upon its twelfth
year of existence. It is ably edited by the veteran writer, Mr. D.
The
C. Brooks, and Mr. Willard A. Smilli, both of this city.
ijCTicw has quite a large circulation among the railway men of
Chicago
the West, who take it on account of its trustworthiness.
Tribune.
— The Statement of the Williamsburgh City Fire Insurance
Company will be found on another page. The result of the year's
business shows the amountof
offices to be as follows
premiums and
:
1874.
$2,202,498
5,509.756
of all the principal cities
and towns of Europe, Asia, Africa, South America, West Indies,
etc., with the population of each place, besides other useful information. It is published by I. Smith Homans, No. 351 Broadway.
improved
this
week show an increase In both dry goods and general merchandise. Tlie total imports amount to $8,889,000 this week,
against $7,53(1.539 last week, and $4,529,900 the previous week.
The exports amount to $5,050,091 this week, against $5,169,390 last
week and $4,012,338 tite previous week. The exports of cottoL
the past week were 13,533 bales, against 13,369 bales last week.
The toUowingare the imports at New York tor week ending (for
dry goods) Jan. 13, and for the week ending (for genera) mer.
chandise) Jan. 14
rOBSlQN IHroRTS AT MEW TCIIK POR THS WEEK.
1873.
$3,435,699
7,846,463
—We
We
Pacific
bullion in the
England has increased £387,000 during the week.
Taee.
Wed.
Thar.
Mon.
8at
tjiPURrs
169.H05
95,049
123,388
always expect
Co.
the Now York Mutual (Marine) Insurance Co. will publish a good
statement. It has done it for so many, many years that the liabit
is positively fixed. This Centennial season, therefore is, of course,
no exception. With a good class of clients, a legacy of the past,
and with the best of officers constantly attracting by their dis
criminating conservative policy, new payinir busines.s, the record
see that this year
never fails to be a very satisfactory one.
they pay the uanal a'm per cent, interest on all their outstanding
scrip and forty per cent, new scrip, besides paying up their scrip
issues of 1863, and one-half of the issue of 1863.
Certainly this
company cannot complain that the depression of the past year has
made their business either dull or profitless.
the following
of
3«.312|1869
53,609llB68
1
larly,
1873.
in
$270,877
The New York Mutual Insurawcb
lows
Oats
Peas
$91,924
Same time
I
JS9935ll870
61,5401 1867
159,416
issued.
1,386,166
1,305,891
153,418
1876.
2,
1,1876
18T8
1873
1871
Tlie estimated value of our imports of grain and flour, in the
first four months of the present and last two seasons, is as fol:
i
.
51,215
1874.
WHIAT.
Fr»m—
ToUl sluoo-Jan.
Same time m
—
—
:
$16,417,535
In oar report of the dry goods trade will be found the imponsof
dry goods for one week later.
The following is astatement of the export8(exclusive of specie)
fromthe portof New York to foreign ports, for the week ending
January 18
BXPOBTS FROM HEW TORK FOR THE WBBE.
profits of the several
Net
$35,168
138,2.i2
Brooklyn Office
AgencyOfflce
35,163
10,412
46,a8i
20.753
142,730
Tota! profits tt the several offices being
interest and other sources
Equal
NetPfts.
Preroe.
$96,132
Home Office
NewYnrkOfBce
to.
36 per cent.
"
26
50
38
$127,023
Income from
47,679
total result of the year's business $174,704 profit over
and above all losses and expenses, which is equal to 70 per cent on
the capital stock of the Company, and, after making dividends to
the amount of $50,000 the past year, they add $134,704 to the net
Making a
surplus as the result of the business
of
the year 1875.
— We have received a catalogue from Messrs. Eaton & Co.
Ann
,
No
New
York, specifying in detail a large and varied
assortment of [articlts kept on hand by them for supplying the
Fortheweek
Previonely reported....
needs of sportsmen. A sportsman's salesroom, or establishment,
9,416,390
for exliibition and sale of specialties required by devotees of the
Since Jan. 1
$12,551,662
$15,.374,522
$13,132,930
$14,231,815
rod and gun, is a desideratum in our City, as many of our merThe following will show the exports of specie from the port of chants, bankers and others devote a portion of their time to field
New York for the week ending Jan. 15, 1876, and since the sports, and the firm of Eaton & Co. offering everything necessary
beginning of the year, with a comparison lor the correspondinp to the outfit of gentlemen visiting the hunting and fisliiug
date in previous rears:
grounds.
1874.
$5,«60,132
1873.
$4,586,333
7,968,329
Jan. 12— Str. Algeria...
Jan. 13— Str. Suevia
1875.
$4,659,275
8.473,655
Liverpool
American
H«mburg
Silver bars
Paris
Mlverbars
London
silver coin.
dollars
Total for the week
Previously reported
Total since January
Same time
m—
94.i,a92
I
'
l,151,82!j
1,781,733 11866
1,878!424
of specie at this port during the ^past
been as follows
$954022
'
5.9;0931
1829,042
1S67
week have
Silver coia
Silver coin
Gold coin
Gold bar
Total for the week
RAILROAD BONDS.— Whether you wish to BUT or SKl.l.,
HASSLKR & CO., No. 7 Wall
write to
N. Y.
street.
STOCKS
Dealt in at the
five per cent.
New York
Stock Exchange bought and sold by us on margin of
PRIVILEGES
NegeUated at one ts two per cent from market on members of the New York
Exchange or responsible parties. Large sums have been realized thcptsi 3
days. Put or call costs on 100 shares
$106 25
Straddles $250 each, control 200 shares of stock for 80 days without further
many thousand dollars profit mjiv be gained, .^dviccand information furnished. Pamphlet, containing valuable statistical information and
showing how Wall street operations are conducted sent
risk, while
:
10— "-tr. City of Galveston. ..Gonaives
12— Str. Acapulco
Asplnwail
BUNKING AND FINANCIAL.
(i78]o43
$!,316.681
I
I
The imports
Jan.
same time In—
1870
1.335,988 11869
3,855,308 1868
,
1871
•Ian.
1876
$4,544,190
Jg^S
ISrii
'.
1,
street,
$600
134,954
19,4i5
115 060
6,000
$273 979
r
1S73
1872
...
..Silverbars
Mexican
17
1876.
$5,050,091
9,181,724
S400
31,344
8,895
lOO
$40,739
FREE
To any
tus.
address.
Addreta,
Orders solicited by mail or wire and promptly executed
TUMBRIDGB &
CO., Bankers and Broker?,
No. 2 Wall
etice;,
K Y
:
.
THE CHRONICLR
January 22, 1876.]
83
CloRing prices dally have been as follows:
-
.
No
»«. 5-S0'«, called b...reg..
te,9-30'B, called
Whck
Pas
&
Mifsoui
"
i,
UooKa VtMima.
Cbht. P'ABU. (Da/a iQclnalva.)
conp..May
118K
6b, B-20'b, 18(15, n.l., rcK.. Jan.
'llS^i
pref
&
Ind
Clevc. Col. CIn.
R.)..
KaBt Pffnnnylvania (leased to P.
Monnt Carbon & Port Carbon
RR. Co..
Mill Croek & Mliiehill Nav.
&
&
Pawtnxot Valley
Schuylkill Valley Nav.
& RR. Co
Banks.
Jan.
^
3
Feb.
5
On dem
&
Manufactnrern' ABnlldert' Fire
MtTcani He Mutual
.
N
.
Fire.
1
Jan. 21 to Jan, 31
1
On dem
6
S
Ki-pulilic Pirn
SI
icholas
Trade
WlUiamaburgh City
Feb.
Feb.
S
10
Maltsters'
ExchangeFirc
Feb.
Jan. 20ta Jan. 81
1
•i
On dem
5
4
10
On dem
On dem
Feb.
I
nilBcellaiieons
Gold
& Stock Telrtgraph
Cora'any
Feb.
3
1
FBIDAY, JANVABV
21. 1876—6 V. M.
Situation. The principal feature of the past week has been the general strength and
buoyancy in the financial markets, and the development of a
—
The Idouey Market and Financial
more cheerful feeling in all quarters.
Money has been growing perceptibly easier, and both investment and speculative securities have been in good demand at firm
prices. The amount of United States bonds purchased in Germany
and England since the first of this month, for importation to this
market, has been of unusually large amount, and it is estimated
by some of the best informed dealers in Government bonds and
in foreign exchange, that it exceeds the amount brought back in
any similar short space of time in our financial history. As our
bonds have got to come home some time for redemption, it may
be well to have them drawn here by high prices, instead of being
thrust upon us in a period of financial calamity.
The local money market has shown a steady tendency towards
ease, and during the past few days large blocks of money have
been freely offered to Government bond dealers at 4 per cent,
while the range on miscellaneous stock collaterals has been 4 to
Commercial paper has also shown increased ease, and
6 per cent.
the choicest grades can be sold at 5^ per cent.
strictly prime paper being 5i to 7 per cent.
It
was expected
at one time that the
Bank
of
—the
range on
England would
reduce
its discount rate at the weekly meeting on Thursday, but
the exchanges between London and Paris afterward turned
against an import of specie to the former city, so that the discount
rate
was
left
unchanged
at
per cent.
.5
increased £387,000 during the week.
bullion in the
;
The Bank
Bank
of France gained
3,161,000 francs in specie for the week.
The weekly statement
of the
New York
City Clearing-House
Banks, issued January 15th, showed an increase of $3,083,825 in
the excess above their 35 per cent, legal reserve, the whole of such
excess being |13,856,975, against $10,773,150, the previous week.
The following table shows the changes from the previous week
and a comparison with 1875 and 1874:
Jan 8.
Loans anodla. |J63.011,000
Specie
Olrculatlon....
Netdeposits..
Lepal tenders.
-1876.Jan. 15.
1875.
Differences.
Jan.
1874.
Jan. 17.
„„„...
16.
.„.
4261.652,100 Dec. $1,.391.900 $282,1)72.700 $268,496,500
J3.309.1II0 Dec
24,149,600
840,500
2$,4<)0.600
31,310,000
18.595.300
i8,515,()00 Dec.
Sil.iOO
24,288,900
27,O<)3,800
210,820,200 21t),0.')«.500 Inc.. 5,23S,:100 236.S97,.')00 231,211,100
39,3i8.(M0
41,66;.500 Inc.. 6,23.3,900
55.271,900
55,413,5C0
United States BondB.—Government bonds have been active
and buoyant, and under the large demand prices have advanced
fully 1 per cent on some of the leading issues.
All the different
classes of conservative investors have been represented among
purchasers, and the financial institutions in New York, as well as
savings banks out of town, have absorbed a large amount o^
bonds.
The supply continues to be drawn from London and Germany, and although this movement may lead to a demand for
coin to export, still there is no better sign than that our bonds are
coming home in consequence of a strong demand for them here
at higher prices than have ever before been reached.
Closing prices of securities in London have been as follows:
Jan.
7.
0. 8. 6a, 5-20's, 1865, old
O.S.68,5-20'B,1867
D. S.58, 10-W'a
HewSB
.,
my,
Jan.
14.
107X
105
108
106
106
106V
104X
Jan.
21.
lOSJi
i08Ji
1063i
104H
Range
—Loweat.
since Jan,
,
I
t04V Jan..
107V Jan..
3|
106
Jan..
IMV
6
Jan..l3
S
1,
llBjJ
1182
iMJi
•ijov
i« 3
•U114 *i:ix
«i4
llBJi
•!lfe>i 'llSJi
1
.
1
.
mX
'l-ii
vii'yi
'Ul>i
119
117^
'mH
made at iba Board
BondhoUlerB of the State of Missouri complain that bonds of that State*
iBSued on Angn»t 1.5, 185(5, payable twenty years after their date, throu.'h (he
carelessness of the Slate ofllcials of that time, have uu coupon for interest
due July 1, 1876, attached. The bondholders protested, but were compelled
to take the bonds. The Statt; officials of MisB'Uri now say they will refuse to
pay the interest due July ImI, because there is n» coupon to represent It,
though the bondholdere have not yet detached that of January 1. 1S7C. which
is the last, and by which it is conclusively shown that none for July 1. lo76,
ever was attached. The bonds have been shown to the State authorities at
Jefferson City, also to the fiscal agent of the State in this city, and the jastlce
of the claim for a promise of payment of July Intereat was readily acknowledged by the latter.
Cblumbia 3-65s have been weak in consequence of
make an appropriation for the February
interest, and it has been rumored that default may be made.
In railroad bonds the business early in the week was somewhat checked by the more active movement in speculative stocks,
which usually diverts attention to some extent from the bond
market. Latterly there was more done in bonds, and prices today were very firm. Many of the leading issues of bonds have
advanced considerably during the week, and are strongly held at
the advance. At auction, $35,000 Toledo, Canada Southern &
Detroit first morta-age bonds were sold at 514(rt)52|; $20,000 at
5U, and the other $15,000 in lots of $5,000 respe'ctively at 51{<a,52
@53f; also $12,000 first mortgage Iwnds of Canada Southern
at 6H.
Daily closing prices of leading State and Railroad Bonds, and
the range since Jan. 1, have been as follows:
District of
the failure of Congress to
Jan.
Jan.
I!l
17.
C. of N.J. I8t cons 'lOSV
i;.Pac.,lst68, gld^lOU*
C. B. & Q. cons.7s 10!«
C.&N.W
cp.gold
1.&lMst7a
C. 8.
lOSV
IWJi
I07X
88«
M.&St.P.C.B. f.78
M. & Essex :8t in.
'.15>4
N.Y.C.iH. Istcp
120
leex
1st
es.gd
8.F
d9
s
8'J«
* ThiB
is
wis
'115
1M3K
^
"X •75
17X
lOJX
'
V
•:oix
ll'7>4
•119
•1(6
•l09
'
'wi'ii
SiS<
109
104K
107X
88H
107S
lOSSi J an. 13 109
101
Jin. 11 lOiX
4 lUj
107i, Jin.
8iU J^in. 3 S8S
107H J" n. 3 110
I0-.
S8M
•109
109
".06
:
'1(KX
am
118
'USX in
'in
f»
•96
115
'lux
-gflx
1(13
103
91
94
no mlt wis made
....
103
•94H
at the
Jan.
lOi
8IX.
99X
108>i Jan.. 20
107
Jan.. 19
105V Jan.. 8
Jan.
Jan.
Jan.
Jan.
S
7
21
7
78X Jan.
Jan.
Jan.
92«
3
Jiin.
3
Jan.
Jan.
10!X Jan.
93X Jan.
11
114)i
95
102X Jan. 14
82S Jsn. 14
Jan. 8
Jan. 7
95X Jan. 18
114H Jan. U
Jan. 20
lOi)
104
Jan. 5
95M Jan. 6
4 lit
15 132
4
4
8
Board,
—
prevailing confidence that railroad earnings during 1876 will
show a material increase over 1875. Next to this, the most
important influence is the change of sentiment in the West on
the subject of railroad legislation, and the definite recommendation of the Governor of Wisconsin that the Potter law should be
repealed, as this change of feeling renders the decision of the
United States Supreme Court of less importance, although it
may be against the railroad companies. Under the effect of
these changes for the better in the prospects for railroad business. There has been a lively advance in many stocks, as seen in
the record of prices below, and tc-day the highest prices were
generally reached, and at the close the market was strong.
Total transactions of the week in leading stocks were as folPacific
Mall.
Jan.
"
"
"
"
"
IS
.
n
18
19
20
..
.
....
21
..
..
..
Whole stock.
18
lOs" Jan! 13
69
Jan. 6
4
Jan.
Railroad and niscellaneons Stock*. The stock market
has shown mtich general strength on the speculative list, and
The
prices in some cases have marked a considerable advance.
prime cause for this new strength in the market is found in the
Total..
HigheBt.
21
-1
Jan. 7
Jan. 1*
H
119
"95i<
•115
•99
ja'ti.'
66X Jan.
U5)i
95X
UM
102K
t«H
66V
81X
103"'
4
3
43
109
•lOiii
1I5K '115X
UdX
!1
166"
106J4 •106 1<
l62H
12V Jan.
15
Jan.
•45
'
'
93X
94><
the price bid
n.
•44
«'}<
67?i
109
•;08>4
.-Range elnc B Jan. 1,'I6
Lowest.
Highest
Jan.
SO.
•41
•75
•45
•45
104
Jan
19.
*41X
"9«
'162
'95"
O. & M. cons. s. I.
I'ltts.Ft.W.&C.lBt -IHJi '114
St.L. &I.M.l8tm
98* 99
On.Pac.
•43
•,6
•75
83X
•109
KrlelBt 7B.ext'd. •106
c.cp
M. Cent. cons. 7s.
L.S&M.S.M
Jan
Jan.
18.
Tenn. 8s, news... •4iV 'i'iX
N.Car. Sa.old.... •17
'17
VIrg. 88, consoUd •75
-75
2d scries. "4>i
"45 K
do
Mo.Sa, lonp bonds 103 •102X
Dist. of Col. 3.658.
USX 67iSl
'20,200
45,900
29,600
20.800
19,200
10,100
Ohio 30 Pacific Union
Lake WcBt'n Chic. &
Pac.
Shore. Union. N'weat. Erie. Miss, of Mo.
1.100
300
3,400 21,800
12,400
6,700
80,200
65,400
33,400
28. -WO
3.5,600
68.300
40,000
26,200
11,400
10,700
14,400
30,500
16,200
26.600
28,200
17,600
15.900
6,400
6,400
5,900
9,000
11.000
2,400
2,900
2.300
48,.S00
2.3.000 138,900
l,iilO
'76.-
:05^ Jan..
118K
118X
State and Ballroad Bonds.— In State bonds the highest
prices have been made on Louisiana consols, which are 681, bid,
and, second to these, South Carolina consols, on which interest
has previously been noticed for payment in February. The demand for Louisiana bonds comes largely from New Orleans, and
indicates much confidence in these securities l)y parties within
the State. Tennessees remain about steady. The following as
to Missouri State bonds is from today's Tribune:
Jan. 10 to Jan. 31
1
•UejJ
IWX'lWTi
'i-iOii
»<;
.
•This iBtbe Dfiee bid, no aalawaa
Inaurance.
Arctic Fire
Brewers'
.
liejg
I18X
118X
rcg.
5b,
Se,
»« On dem
Paclflc
tl
Itl'
funded, 1881
reg . Quarterly xl 6 Ji
funded, 1881, ..coup.... Quarterly. 117>i
*1I7K 117\ I17X
..
RsCutrcncT
re)f..JaD. A July. *128>i 'I'M^ 'HaH *138
'IMJi
1
On dem
5
8
Jan,
ao
HOX
iso'i 'isoji
Mar.ASept. tl7^ 118!« »118
coup. Mar. ASept. *118X IIS-K'IISK
6s,10.40'a
SB,10-40'a
1
Jan.
May ANov. 'lUH 'UiM 'IK)*
'IUJi •11«K
A Nov. •Il4>i 'IMH 'V.iU 'IHJi •lU'I 'IMW
.
Feb. 1
SX Feb. 1
Feb. 1 Jan. 19 to Feb.
8
tl 50 Jan. 18
Jan. 13
«
com. (quar.).
j0
A Nov. •IlK!^ 118;< \\l
* July 'inji 118X •118X
8fl,5-aO'B,ieB6 u.l, coup..
p.Jan.AJnly
Jan. * July. 118
'IISX
19X 118«
Bb.SSO'b, 1967
reK..Jan. A July. '130
I2'iji 'laoji
«e,5-«0'B, 1867.... coup.. Jan. * July. ISOJ,'
es, S-iO'B, 1668
rcc..Jan. A July. 'l*\% IWH *\WH
tt, fr-20's, 1868
coup Jan. A July *1-J1
ivi>^ •111V4
Kallroads.
Cedar Kaplds
"
Jan,
ig
re)f..May JkNov. 'Deji •118X 'IIBX 'IISX
B«,5-S0'B,1865
recentlT been announced
CoaPAHT.
Jan.
17.
b.coup..May
«a, S-IO's, 18«5
DIVIDENDS.
The followlD£ Dividends have
Jan.
15
"K-Jan.4July.»iaoj(«lMJ<«lgOX •IW«
J'<;fJJ
National Banks organized during the past week.
Jan.
.
,
penod.
Int.
NATIONAI. B.INK8 OBOANIIBO.
..145,800
..200.000
.309,200
494,665
115,100
337,856 K9.930 780,C00 200,000
1,3"0
600
2.500
4.700
.\!500
600
2,210
1,600
l.IO-J
4,600 17.100
67,824 367,450
The total stock outstanding is given in the last line, for the
purpose of comparison.
The daily highest and lowest prices hjve been as follows:
—
:' . ..
«
K
...
.
.Y.Cen.*U^.
B«rlain
Brl«
,
•.J!%
\0-H
Jan. !7.
IIMM :iMV
1S9X
-.3SK
183
'a t%
Northweit
do
pref. 6SX 59X
«)S
5SX
IMM
loev
PanI
"8V
do
prel....
At.* Pac.pref.
Pacific ot Mo..
3»><
:8).
«!«
lelftDd
,
.
MX
16X
1«
66
6««
*:)»
6i
65X 66X
61X 61V
X
KK
5
4X
4M
41
4'jX
<1X
59
5»Si
5-X
S»
Vi!
7i
<!«
2IH
....
I6X
M
6
5
40X <'X
58X 59
WV
:
.
1«X
«7X
'
law
io>i
104J<
Wo-^d and timber
285,4-18
640,715
201,982
nx
72 k
73X
72,V
4X
4X
4X
*\
m
811
S9X
73H
5
mn
Railroad Earnings.
from January
I
:
no
was made at tbe Board.
$ate
— The latest earnings obtainable, and the
1 to latest dates,
are as follows;
RMds.
&
.
& W.
.
week of Jan.
Intern'l &Gt North. Month of Nov..
Month of Dec.
Kansas Pacific
Keatcnk db Des M.,. Month of Dec.
Michigan Central
Monlh of Nov.
Mo. Kansas & Tex... id week of Jan..
Mobile A Ohio
Month of Nov.
Ohio & Mississippi.. Month of Dec.
Pacific of Missouri.. 2(1 weekof Jiin..
Phil. & Erie
Month of Nov..
Ro;kf. R. I. A St. L. Month of Nov..
8t.L.Al.&T. H.bchs. Ibt week or Ian.
St. L. I. Mt.A South.. 1st week of Jan.
at. L. K. C. A N. .. 2d week or Jan.
St, L. & Sontheast... Month of Dec ..
St. Panl&S.City.&c.'Month of Nov.
Indiana,-). Bl.
.
101,187
27,021
213,900
4.)3,718
29),27:J
5).IIi4
397.478
48,300
9,321
4,477
329,516
6H0,435 7,892,!)0;
29,841
27.5S4
176,512 1,167,067
231,401 3,297,331
67.723
792.082
687,270
651,206
265..<)94
4'',«45
2-17.815
•341,492
297,678
81,830
3,005,609
3,298,624
99,699
!<,73.5
I0.5:)4
8,733
62,314
47,036
102,912
6S,1B7
l^2,^^9
1,014,489
769,914
10.634
62,344
99,125
1,258,690
763,109
1,000,598 10,956,628
9,662,720
93,500
71.294
91.308
118,775
.
122,445
1,623,323
3,207,849
123,062
49,731
300,8)9
74,783
fi.-*,690
2.')l,0,i7
Tol. Peoria&W'arsaw Octot)er & Nov.
Month of Nov. 1,057,595
Pacific
Antwerp (francs)
S.17X®5 W-i
6.14«®5.11J»
Swiss francs)
6 17>i®6 14 J,'
'"JJi^ 40X
8.14H<a6.11Jt
92,501)
.
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
The transactions for the week
TreasurT have been as follows:
.—
r-
15
17
18
19
$173,000
20
Thef© figures tnclnde $.34,175, the earnings
eamln.;s on main line witj $307,317.
ol
the Springfield division;
31
City
4,.S77,419
Manhattan Co
Merchants'
2,050,000
3,000,000
Mechanics'
2,000,00(1
Monday,
Tuesday,
mx
'
Wednesday,
Thursday,
Current week ..
Prevlons week.
1
ni%
my,
'
Friday,
Jan.
ma
17
..113
113
113
IS. ..113
113X 1123<
19
lUri
..112V lla?,'
20. -.112^
113),' ii.H
21
..113
il2J< !li>,- 113
to date
.113
.113
.113
112V
H3X
HV4
113
112"/j
118
Hi'/, 1I.3X 113
,
51'0,000
l,i>CC,tOC
60C,0i0
1,000,000
$3,085,389
Shoeand Leather..
Corn Exchange
8,219,500
l>,:M,iOO
4.442,100
.
Clearings.
Balances
Gold.
Currency.
.
$19,081.0,
$1,4 13,593 $2,079,190
1,406,951 1,712,569
l:l,8i:i,000
1,004.378 1,1.37,577
2.3,7!-0,000
1,201.0;)0
1,498,441
31,559,000 1,0.58,583 1,605,861
27,611,(100 1,315,751
l,4(i9,486
35,!I53,000
$18!,878,0O0 $
216,750,000 1,181.0 6
$
Marine
Importers'* Trad'rs
Park
Mech. Bank'gAsso.
Grocers'
North Klver
East Klver
Manufact'rs'A Mer.
Fourth National
Tons
1,339,723
Ora extracted
Ore ri-duced...
Ore on hand
.
169,307
:
1
169.0i*4
I
worked
$16,731,65
Assay value of ore on hand
478,08
.
1
Total
The following were the disbursements
$17,209,733
for the year
:
56
Total
3,lttl,',00
3,96 ',800
4>
9i',((IO
1.881,300
8 3,900
2.963,200
8,^00
461,366
5J,«00
!66,i00
4,01 5,500
!1,0.)1,100
7!i9,000
a, 107,000
2,3i 19,100
4,811,700
79.600
4,166,100
i»7,5O0
r 08.2 JO
i.nii.sco
1.9-29,600
l,li5,000
7,461,70(1
2,9U,4'J0
2.069.400
1,471.000
9«.C00
^4 4.000
891.400
2.700
•^,301,200
248.71)0
^35,900
2.257,600
7,43l,(Ko
80.100
-271.200
40 7.
9,^59..3C0
3,II4,0(;0
S.49;,100
3,5 8,4U0
1,830,300
2,il5.2JO
3,203,7(0
1,.01.200
897,400
225,000
377,^00
1,782.000
2.425,900
1,0 9.800
.91.400
13,-.O0
3,:27,700
2111,600
730,100
275,500
701,100
l,IU.Oi«
410
W4.aoo
2,553,800
5'i.4(0
3.4 1-1 ,600
132.SOO
ii:.3uo
9;6.ooo
188,000
50,400
554,100
1.21 "..000
;-7.500
4U',600
2.270,600
49,300
2-2,(1(0
1('4,200
4,1!7,600
2.83i.300
3,501,900
1,336,7(0
1,3^4,100
76.700
310,800
201.7(0
744,100
314,000
751,000
201,100
4^6,60u
IS', 2110
62,900
4,. 00
3'J,50O
1,\jO(,100
16,s3ft,».O0
8,(103,000
15,1-10,500
711,600
6;S,6oO
7,300
13,500
5,900
1,400
621,300
(90.800
!;6,:oo
223,900
206,000
165,700
2,954.600
£44.600
599,600
f23.700
i;o,too
l,W5.OO0
4.9%.60O
-36.400
l,t.S8,40l.
8.18,8110
5,35),1(0
1,4.0,6(0
I.8JI.000
9l6,li:o
2oe,i(Xi
l'.;3.7iO
3,500
311.000
37!.('('0
2,72:,80O
1.3(1,300
SlS.fOO
65l.'-«l
16,4.1,000
7,321.000
300,000
1,501.(100
1,500,ICC
50c,f'0a
1,000,00(1
5, 168,600
500,000
1,000,0(0
6.1
5,5tlO
291,300
115,800
423,(00
132 ..300
3,900
204,500
738,300
719.700
4.800
477.S00
4.000
149.900
477,5(0
60,(00
40J.100
193,510
1.500
651,010
4«2,O00
12,: 19.600
i.7r'o',ito
6,7e0,0(;O
1,309.(100
133.1.(0
1
943 8ii0
S6l,«l0
ii.:oo
160,66c
273,4 'JO
1.8O2.;00
2,;93,1(0
1,719.100
980,800
3,221,310
1.I5B,:U0
2,757,5(0
1,111.600
S,596.S(iO
350,000
300,000
WW
2, .20.000
8,161,. 00
569,?00
1,879,100
i9U,ltOO
151 ,000
19.i,70O
2,3119,300
1.^.6i8.900
;l 81 1.3C0
1.0:ii.»00
1,1100,000
49i.lC0
2,'..52.2.I0
1
2,7-'5,500
2,469,1)00
441,700
l,a29,:(10
'209.200
74,*0
"V,20i
872,700
396,300
285,100
231,000
3 5.900
2.7,9('0
a,30O,O0C
2,000,000
3,(I:<1,300
67'',000
7%,300
r,'.2i..ooo
1 .«J6.7;)0
5,00(i,00t
3,172,100
6,:29,(0O
,703,700
1
9,50(;
331.600
269,200
5. 4;,7i)0
.;oo
3,7i>5.90J
3,2''J,9('0
tion.
696,700
l.r.i
7,300
00
»S.700
500,000
300,000
German American.
Dry Goods
t28.4tO
142,300
4.'7,900
388,1(10
1,797,1
2,OilO.O«0
Central National...
Second National
Ninth National. ...
First National
Third National
N.T. National Exch.
Tenth National
Bowery National ..
New York (Jo. Nat.
250,0(1 r
1,211.1.(0
200,000
1.131,000
1,00(1,000
2.6IJ,.500
lei'-ioo
740, (0
1,OOO.COO
2,0.)1,'!«)
12.200
213,800
.610,1 (10
179.900
5.741,100
6.i« 6.KP0
6,181,100
99. ,700
2;'.1,0(0
713.3(10
8 9.SI'0
9.8.600
222,000
l.'.'fO.iOO
I80,0ttl
45,000
49.4(0
123.303.100 t44,56J,500 fS'.e.OJS.SCO »18.5I5,«Oo
»31.. 35,200 $231 .632.1'
The deviations from the returns of the previous week
nee. $1,391,900
Loans
Pec.
'riie
are as
28.,..
Oct
30...
Ilov 6 ..
ov. 13
Nov.
Nov.
..
20...
27
Inc.
|
840.110
5,23.),9«l
Set Deposits
Inr. J5.2.18.30O
Circulation
IJec.
80,200
following are the totals for a series of weeks past
Loans.
Oct.
r^
Value of ore produced and
I
9,366,0-37
Circula-
202.21
l,i.7:,;uo
(..ia^.ioo
1,500,000
Specie
reported as follows
08
611.038 36
1.106,406 53
follows
At the annual meeting of the Consolidated Virginia Mining
Company, held in San Francisco, January 13, Judge Heydenfeldt,
Edward Barron, J. C. Flood, W. S. O'Brien and J. W. Mackay
were elected trustees. 10.5,000 shares were represented out of
The Superintendent
4.293,9«;)
H.91ii,5HI
5.316 800
6,134.100
512,400
874,900
5,5)7,900
300,000
400,000
Oriental.
LeralTenders
108,000.
»8IS.9S9 SO
2.013,611 09
7S0,123 30
Legal
Net
Tenders. Deposits.
I,6llT,hC
8,15J,ljO'J
S,'95/:('0
1,000,000
1,000,000
1,000,000
1,000,000
l,5OO,0C0
Continental
Specie.
i,!<r..ooc
.
Nassau
Market
Rt. Nicholas
To'al
Currency.
Gold.
13.222,300 fl.il2.8Uli
6:6,500
98.'..Si,0
898,2(10
1.008. 00
SO-^MOO
1,180.300
30-.',200
631,^00
».,9t)4,'«l
.
$3,2)5,743
5,170,351
show the course of gola and operaExchange Bank each day of the past week:
,
Carrincy.
Discounts.
1,500,000
3,000,000
1,800,000
1,000,000
City
1,000.000
Tradesmen's
600,000
Fulton
300,000
Chemlcah
1,000,000
Merch.intB'Exch ...
Oallatl n National
1 ,500,000
Butcliers'tDrovers'
800,000
600,000
Mechanlca&Traderi
200.000
Greenwich
600,000
Leather Manuf
300,000
Seventh Ward
2,000,000
State of N. York. .
American Exch'ge. 5,000,000
10,000,000
Commerce
1,000,000
Broadway
1,000.000
Mercantile
422,700
Pacific
2,000,000
Republic
450,000
Chatham
412,500
People's
1.000,000
North America
1,000,000
Hanover
$8,953,017
5,871.1!7
table will
Quotations
Open. Low. High. CIos.
Saturday, Jan. 15. ..113
lUJi il3,s; 118
Custom House and Hub-
W
|3,000,00(i
Citizens
—(Hold has been pretty steady in the vicin-
.
96>i
at the
BankB._The
Capital.
Metropolitan
No speculative or other movement of importance has
been developed, but th'; large import of U. S. securities from
abroad leads to the supposition that there will probably bean export demand for coin at an early day.
On gold loans the rates
paid to day for carrying -were 4, .3 and 3J' per cent. Customs receipts of the week have been $2,245,000.
The following
96X46
2,774,0:33 20
1875.
ity of 113.
tions of the Gold
96X
96H
01 10,72a,.311 36
1874.
$3,0,-'l,9fl0
96ir(a
44.442,203 77 .36,429.947 19
46.045,603 60 36,584,4
99
Irving
EARMHOS AND EZFEN8ES.
ITIarknf.
95Ji
Total
2,245.000
Balance, Jan. 14
Balance, Jan. 21
493,000
365,000
gnlon
America
ofBce of the Chicago Milwaukee & St. Paul Railway is not yet
in possession of all the items of the year s business, but fnrni<hes the following comparative statement lor 1874 and 1375, the company's fiscal year ending
Net
96>i
96Ji
96JiW
95Jia
Loans and
The New York
The Gold
96X'»
96«'3
32.3,000
:;6O,OO0
Banks.
Increase first week in 1876
$15,63126
increase comes from the increased rates on ihrouph business bound
eastward. A ftirther increase will result, it is ^aid, from the increased rates
of 100 to 150 per cent on through west-bound busincfs, which did not go into
eflfect until the lOlh inst.
Expenses
955.'
$308,337 09
283,463 99
325,4'.)0 63
1,424,498 47
215,484 78
215,7:33 24
New rork
The
Earnings
9."'Jia
Jollowlng statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Jan. 15, 1876:
-ATKBAGS AMOUNT OF-
—
December
40^
95^
$492,701 20 $l,556,f5-) 61
432,99.5 15
2,131,778 56
567,110 79
901,121 44
1,549,276 49
3.71:3,368 20
330,945 00
1,:63.6I9 13
981,407 40 1,243.891 42
.331.000
New Iforfc
following comparative estimated earnings of the Ohio & Mississipp
Railway transfers included— for the first week in January, is ])ub]i8hed in
the newspapers:
Main Line, 1876
$1)9,233 80
Main line. 1875
60.391 29— $8,849 61
Springfield Division, 18:6
6,788 75
The
40$^(}
95'^^
—^Receipte. -Sub-Treasnry.--Payments.
Gold.
Phffinix
•
.
—
Receipts.
31
lti7,787
Union
Paris(francs)
Jan. 21
60 days.
3 days.
4.89 @4.89;i
4.34Ji^4.63>i^
4.H!it^i.S!>
4.88>^@4.89
4.83 iai-84
4.87 @4.88
4.82 ©4 83
4.86 @4.87
5.17.!i'(»5.14,'i
5.14H'®5.11Ji
,
4,477
7,900,720
27,564
1,147,143
3,272,597
706,185
55,8:iS
29'>.737
:
Prime bankers' sterling
Good bankers' and prime com'l
Good commercial
Documentary commercial
Jan.
l,0'i5,72«
67,-'48
Quotations are as follows
Custom
Honse
240,000
104,800
29,844
189,932
Ist
—
Foreltcn Kxcbansce. The exchange market has been fairly
and bankers took commercial bills freely up to yesterday,
The principal purchasers
since which there has been less doing.
are the bankers, who are importing bonds from Europe, and they
sell their own bills in place of these at a difference of about 2
points. Yesterday there was some speculative buying, but today
these bills could hardly be disposed of at the prices paid for
them, as the market was weaker and rates on actual business
were about 4.84J for 60 days' sterling, while the oomiaal quotation remained unchanged at 4.84f.
active,
5,970,018 14.522,814
1,.370,331
.
I
(
1874.
1875.
1874.
tl]i),379 <l,36r,775 t!,148,.581
3e8,0(i0
361619
46,787
10,050
1876.
t'fS.S.it
Atch., Top. * S. Fc. Month of Nov.
3^1, 13>
Atlantic & G.Wentn. Monlh ef Nov..
Atlantic & Pccifl'-... 2d week nf Jan..
47,734
Minn. Month of Nov..
127,879
Bnr.O. Rap.
33,926
Canada Southern... 3d weelv of Dec.
Central Pacific
Month of Dec. 1.873,000
123.010
Chic. Mil. & St. P.. ad week of Jan..
1,219,2:.')
Chic. & Northwest. Month of Nov
35 207
Oln.Lafay. * Chic. Monlh of Dec.
9,3it
Denver* RioG
Ist week of Jan..
412.1)44
Hous. A Texas. C. Month of Nov...
Illinois Central .... Month of Dec.
632.09?
&
Amsterdam (guilders)
Hamburg (reichmarks)
Jan.l to latest date.
Latest earnings reported.18'.6 or
1875 or
18;6or
1875 or
,
66,384
9«,93«
15,996
27,50%
142,471
Consiruction
Koal estate
Legal expenses
Paid by Jas. C. Fair, Supt.
I
.
.
•Thlata the price bid and aake
330,544
Bullion discount
C. Joint shaft
C.
TJ'<
152,79.5
I
Supplies, real estate, machinery, building, Ac..,.
bX
59 X
1.57,.'s«0
I
.
4a
59 X
10«
y%
?ix
.$l«,2O4,00O Supplies
2,19<,2S7| Taxes
760,690 Bullion freight
Dividends
Reduction
Salaries and wages
6!
11* 11*
IIX 13X
21^ 2iX
aix «
2ix
•105
11I5X1U5X
....
Central o: .N.J.' 1114 ;i'5
!MK
lUlV 101X105
mxiisx
Del.,L.4 Weal ii-ix HUH ii»Xii-« "Uhs i-.*'* 1I8« llfX "118X 119
2IIX
i!
iO% 11
aan.&stJoa.
21
OX wy. aa
'.'IK
f.H
68 1« 70
di
UDlunPaclnc. 10« ?1« IIX 74H «IS 7.'S.- »5X 70
6!'X
Jj*
5X
Col.Olilc.Al.C. •SV 5
iX
tyi
4X 5
4i<
4X 4X •
13
131
ISi
ISII
131
IM
•U:
Panama
180
125
I31t
Weat.Un. Tel.
7«
nx «« "X ;« 7.-X V'^ I'5«' 76X 20
;„•«
ail
vo^
20
21
ao
ao).
At * Pac. Tel. 19,S I9H •1«W 20
'19X
18
18
*ns< 18), •nx I8X •I7X 1«X
Qnlckallver
•i:S WH •17K 18).
V... i)
do
aix 2i?< •i'S 24< •2IS< -^
pref. •Sm 25
•21V
H7V SUV
PaclAc Mdl.... ST)i *JM
3)X .'iDX 37^ 3JS 31), 88
31X 36X
lOJX
•ll«'* 1(13 ^ 108
AdamaiCxp ... 1(8 101
lOJH IiriH •inav ••.. 103
51
IJ
59
SSX .'iSX
American Bz., SI
58X f9
69H 59
•6:
61
61
ei« 8 S ei>> «1
11
Si
«1X 61
«alted8ute(., •«
83
3j
S3
8)
•--ax 85
•SJ
63
83
81
^elle, Fargo.. •si
Oblo A Misa..
[January 22, 1876.
r.^t
1(17
-
.
•IX
5V
lOliX
3''X
«
uax
•l.ffl
I«
38X
^i:
UK n
•ISiX
1U6X
38K t»H
'1C«X lOI
*\
<H
13;<
aus,
101
....
<I
«9« S9X
egx
7iV
1U8X
lOd
•13!
M
.!an.21.
.las. 20.
ID.
10:j< 106
..
.
4H
"'«H
tir.H
89
Jan.
IS.
VMa
l"K 1«X
6«K 68
61).
»
MIX
u
"X
e8><
<l
S
•X
11
Jai.
ll«)4
IS31« •183
I6K
mj*
t.
Friday,
Mondar, Taeadar. Vedneada^ Thnradar
Aaiardaj,
Jai. 15.
esa nit
Lftka Shore
Uloblgaa Cent.
totals
.
THE CHRONICLE.
84
Kock
X
.
Dec. 4...
Dec. 11...
Dee. 11...
MPC.24. .,
Pen. 91
Jan. B....
Jan. 10..
. .
880,314.700
275.914,900
276 575.^00
273.901.600
272 6'I7.400
2il,910.'2OO
271.006,500
26<.390.tOO
26>.512.5.10
J6i.6,'!S.5J0
063 500
263,041.100
a«1.65:,10«
•^64
Snecle.
6.4(>6.«00
9.92 1.900
Legal
Tenders.
Circu-
DenoBltB.
54.71 2.900
2i3,47t.7l«
5:!,155,4P0
•221.0;6.'20U
2! 1.931 ,-400
lation.
17,816.200
17.997.700
Aggregate
Clearlnes
421.741.719
18.039.40.4
445.669.1:53
478.10.1.193
415.HS0.3I6
41".9(8 5)9
S:."7.S9-,a39
4C0.56;'.5i 4
4:-3.110.8l5
14. 109.4'JO
51,314.500
4).a'..l 300
;5.7U.O00
U,36>.500
Killl
18.113.110
19.419.400
47.0..i8.9.lil
213.808.400
19.fll2.1li8
i'i.i5;,5in
45.681.1.2110
21li.66;1.3J()
IS.7:*l.K0n
16,539,400
16,105,800
16,75»,900
20.2 3,300
24,149,600
23,3.) J, 100
43,3*. »(X1
2t6.96«.»00
19.1 18. 300
41.9'i0.500
40.7iJ.2(Kl
21 14 .2)6.000
200.640.31)0
1
402.92 i.602
.357.8S1.710
39,921.900
3).321.60O
44,3(2,300
204.575.600
210.82J.2JO
18.593.8 10
18jil5,60O
349.257,633
485,53: 8 8
447,750,tSO
13.215.500
1
;.»g ;..300
218.5(17,3.0
'.^IK
\H^
2»,r5i,500
19.02i.810
3.950.700
18.791.000
«
—
K
...
. .
X
. .. ...
.,.
—
. .......
. ..
THE CHRONICLR
January 22, 1876,]
85
GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YOKK.
U. 8. Bonds
ana
10
5i,lS86
do
8li, II>R6
Boston,
do
do
do
do
„„
do
8».
AUdamt 6a, 1883.
.
of 1892.
.. of 1S93.
funded. ... ••:••
do
do
do
do
do
8e,
-..L.R.* 7t:8'";
7», MemiihU ft L. 15
7i,L.R.,P.n.&N.O
7«;MU».0. &!!. KIT
7», Ari. Cent. K
CounectlRUt6B
Ueorfcla 8b
do
do
78,
7s,
7a,
(to
new
;879
Asyfiini or Unlver8..due 1892.
u
u
Chicago, Rk. Island
u
ma
District of
I
do
do
do
do
do
do
do
Han.
do
78,1888
Erie, iBt m., 1877.
do large bds
.
Sioux City,
ft
Ist
m.
ft
do new bonds
ft
do
104 >.
Ash., old bds. 10 iH
new bds
do
103
do
do
do
do
Ist.
Cons, coup., iat...
Cons, reg., I'si
Cons, coup., 2d
Cons, reg., 2d
Marietta A Cln., 1st mort
Mich. Cent., consol. 78, 1902
...
do
do
107
115
na
.16
xeo
91
Ist m. 88,1882,8. f,
equlpm't bonds...
New Jersey Soutnern, Ist in. 7s
do
do
consol. '^s
N. T. Central 6b, 1883
do
68, 18(n
do
6b, real estate...
do
68, subscription
do
78,1876
do
78, conv., 1876....
do ft Hudson, Ist m.,coup.
do
do 1st m., reg...
Hudson R. 7s, 2d m v id. iSs..
Hannibal ft St. Joseph, pref...
[UtnoU Central
IndlHuap. Cln. ft Lafayette....
Jollet ft Chicago
Lon? Island
Marietta ft CIn., ist pref
do
2d pref
Morris ft Kssex
Missouri, Kansas ft Texas. ...
New Jersey Southern
N Y., New Haven ft Hartford.
Ohio ft Mississippi, pref
PIUS., Ft. W. ft Clilc, guar.
.
.
do
do special..
Rensselaer A Saratoga
Rome, Watertown ft Ogdens.
St. Louis, Alton ft T. ifaute.
do
do
do
pref
.
So. Illinois, pref
.
Iron Mount, ft South.
Terre Haute ft Indianapolis...
Toledo, Peoria & Warsaw
Toledo, Wab. ft Western, pref,
Bt. Louis,
Warren
iniscellaneons.Stoclui
American Illstrlct Telegraph..
Canton Co., Baltimore
Cent. N.
Land Iniprov. Co.
Ue, aware & Hudson Canal,....
.1 .
A"'erirjin t;nai
<;oniioiidation Coal or Ma.
Mvrlposa L.4M. Co., aw't paid
.02)4
150
45H
lOO.H
l)i
191
Atlantic
m
A
Paciflc land er.
South PaclOc Hli. bds. of Mo
Paclttc R. of Mo., iat mort. .,
do
do
do
do
104"
108
104
do
do
df,
mort
Rome, Watert'n
mort.
vd mort..
1U|
do
do
do
W. ii..
do Bnr. Utv.
do 2d mort..
da consol.Ta
m.
Warsaw 8s
Grand Trunk
Chic, Dub. A Minn. 88..
Peoria ft Hannibal R. 8b.
A Iowa
American
Chic A S'thwestern
7a,
25
22X
New
31
ft
ll5?i
86)»
9«X
%
86X
91
96 li
94X
91
92
101
guar..
U!
36%
W)4
103
97
9-?V
108)^
101
101;,
94)4
94»
60"
62"
90
10S)i
1*1)1
49^
.io"
15
17
90
Leav., Atch. A -N. W. 7s. guar..
Leav.. Law. A Gal. Ist m. ,10s..
Logans., Craw. A S. W. tia,g:d.
Michigan Air Line Sa
Moutlcello ft P. Jervla 7s. gold
Montc'.alr Ut7s. gold..
Mo., I{ jnwu
ft
Texaa
gold
,
66
66.
[
..
Gulf, consol
ft
ft Col. Ts, guar
do 7t>, certif
Brunswick end. 7s...
Augusta bonds
do
endorsed....
do
stock
Charleston 1st 7s..
do
2d 7*...
ft
do
do
do
Memphis &
"^tock
.
Little Rod; Istm..
Mississippi Central Ist .n. 78. .
2dm. 8s....
do
Mississippi
ft
do
Montgomery
Jackson, Lansing
.
ft
Memphis
A
.
to railroads. 6s..
do
do
A
A Sag. Ss
extension, gold
consol. 68.
do
Ist L. G. 78..
1st ex L. U. 7s
8s
Hous.
Texas C. 1st 7s, gold..
Indlanap. ft VIncen. Ist 78, guar
Iowa Falls Sioux C. Ist 7s...
Indlanupulls
St. Louis 7s....
Houston
Gt. North. 1st 78, g.
Internallonal (Texas) iBt g....
Int., H.
G. N. conv. 8s
7b,
10
70
new
Greenville
Ist 78
do
7s, land grant, gld
do
78,
do new gld
do
68,gld,.Tuneft Dec
do
6s, do Feb. A Aug
do
78, 1876, land grant
do
78, Leaven, br'nch
do
Incomes, No. II...
do
do
No. 16.
do
Stock.. ..
Kalamazoo A South H. Ss.guar
Kal., Alleghan. A G. R. 86. guar
Kansas City & Cameron lOs.
Kan. C, St. Jo. A C. B. 88 of '85
do
do
do 8s of '9cj
Keokuk ft Des Moines Ist 78
do
Ist coup, Oct., *76
funded Int. 8a
do
do
pref. stock..
L. Ont. Shore RR. ist m. gld 7s.
Lake Sup. A Miss. 1st 7s, gold.
8s
old
do end.Savan'h.
do stock
do
do guar.
Carolina Ceuiral Ut m. 68,g...
Central Georgia consol. m. 7s.
do
stock
Charlotte Col. ft A. Ist M. 7s..
do
do
Btock
Charleston ft Snvannah 68, end
Suvannah ft Chsr. Ist ni.7s ...
Cheraw ft Darlington 7s
KaetTenn. ft Georgia fis
East Tenn. ft Va. bs, end. Tenn
E. Tenn. Va. &Ga. Ist m. 7s..
do
do
stock
Georgib RR.78
do
stock
do
do
leanest Pac.
35
SO
30
..
do
do
do
Macon
Macou
7!
80
«<
'.0
65"
20
14
16
100
96
100
50
Tenn. 1st m. 7b.
do consol. 8s
ft
West
P. Ist 8s.
do
do income
Mont, ft EufaulalBt 6b, g. end
Mohllc ft Ohio sterling
do
do
do ex certif
do 88, liMerest
do
do
do 2d murt. 6b
do
do stock
N. Orleans ft Jacks, ist m
do certif's Ss..
do
N. Orleans ft Opelous. 1st m. Ss
Nashvilleft Chattanooga 6e...
Norfolk ft IVliTsburg letm.^s
do
do
7e
do
2d m. 8s
do
Northeastern, &. C, Ist m. Ss.
2d ni. Ss..
do
Orange ft Alexandria, lBts.6s..
do
2dB, 6s..
do
do
3d8. 8s.
do
4th8, Eis..
do
do
RIchm'd ft Pciersb'g 1st m. la.
Rich., Kre'kao'g
io"
a
Poto. 6e
do conv. Is
Danv. 1st consol. 6s...
Southwest KR. Gu 1st m.
S. Carolina RR. lai m. 7s, new.
do
Rich,
ft
.
90
«0
21
25'
7B
88
88
57
72
•2
EO
8B
Si
bonds, 78
gold 78. quarterly
lOs
ft
100
71
SS
84
5i
67
60
SO
37
Orleans 58
Atlantic
iS
t8
75'
.
I
89
Grand River Valley
A
A
F. L. bds.
Savannah 7s, old
do
78, new
Wilmington, N. C, 6a. gold.
do
do 88, gold..
RAILHdADB.
Ala. ft Cbatt. l8t m. 8s., end..
Ala. ft Tenn. R. Ist mort. 7b.
do
do
2d mort. 7s..
76, Land grant.
A Sag. 8s
Ind. Ist guar 7a
A
:04« 105
68.
68,
Richmond
Fort W., Jackson
ft
C, 78,
old bonda, 6a
new bonds, 6b
Norfolk 68
Petersburg
104
104
«>
S.
do
do
do
do
do
PcreM.
Flint
Charleston.
M
itt>
8a
do
do
2d78
do
7s, equip
EvauBvIlle, Hen. A Nashv. 78.
Evansvllle, T. H. ft Chic 7s, g.
Grand R.
do
<7
£6
90
82H
Augusta, Ga., 78. bonda
Charleston stock 6s
104"
104
104
25
101
....
10b, pension
CITlIttt.
Nashville
62"
do
do
116),
do
Montgomery
S3
78
Lake M. 1st m. Ss
do
do 2d m.Ss
Dutchess ft Columbia 7s
Denver Paclflc 7s, gold
Denver A Rio Grande 7s, gold.
EvansvIHe ft Crawfordsv.,78.
115\ 116
Texas State 6b, ;877
do
68.1891-2
do
78. gold
do
JOe.of 1884
do
do
end., M. ft C. UR.
Mobile 5»,( coups, on)
do
8s, (coups, on)....
Det., Lans. ft
119
\BrokerH* i^uotatwriM.',
ST \ TUB.
Loulplann new coUAo1.7a
South (Jarollua new consol. 9t.
Memphis
Chesapeake ft O. 2d m. gold 7s
Col. ft Hock. V. 1st 78, 30 years
do
do 1st 78, 10 years
do
no 2d 78, 20 years
Chicago, Clinton ft Dub. 88.
A Pittsburg
WlPconsln VallryHa
Sioiiilierii MeciirKles.
Lynchburg 6b
Macon 7b, uonda,
105
loe
108
108
108
109
n
I.ogflnRport 78
ft
Columbia, S. C.,68
Columbus, Oa., 7s. bonds
•20
104
8b
Central 8b
u»
I'aclttc-, So. branch, Ab.b
Walklll VHllpy Ut 7H.gold....
AVe8t WlsootiPln 7h. gold
loi"'
It.
A Newark 7a.
vandalia ft T. H. Iat.
2d. guar.
do
Bo'eaatem Iat 78, gold.
ft I.
Union
Union
7s, ~gold
ft
Chlcitgo
Erie
Og.con. 1st 88K
St. L. ft Iron MountAln, Istm.
62'
do
2d a
Alton ft T. H., 1st morT
107
do
do 2d mort. pref..,
rt>
do
2dmort.lncome
Belleville ft S. III. K. 1st m. ^s
rol.. Peoria ft Warsaw, E.D...
ft
103
lUS
Des Moines
.
4th
2(1
Paul 88...
Carthage A Bur. 8b
Dixon. Peoria A Han. 88
O. O. A Fox P.. Valley 8s
n
.
8n. c
I07M AtlanU.Ga.,78
A Ft. Dodge Ist 7b.
Detroit, Hillsdale A In. RR.S8.
Detroit & Bay City 88 guar.,
Detroit, Eel River A 111. 8s.
96
9«
I02V
Caron't B,
ib"
2d mort..
Pitts., Ft. W. ft Chic, 1st mort.
do
do 2d mort. lOdJi
do
do 3d mort. !02
Cleve. ft Pitta, conaol. a. fund. 108
do
do
ft St.
8s..
7a
..
C. Bl. Iat mort. lOt.
A
Ml. (Ark.ltr.)7B,g
Soiithf'rn Ceutrnl of N. Y.7a.
Bt.h.
104
106
ft Can. South. 1st m. g. 7s
Ch. D. ft v., I. dlv., 1st in. g. 7s.
Chic, Danv. ft Vlncen's 7s, gld
Connecticut Valley 78
Connecticut Western Ist "is...
Chicago A Mich. Lake Shore.
Dau., Urb..BI. AP. I6tm.78,g
Ist
Col., Chic, ft Ind. C. IBt
no
103
:05
'98 107
102
104
Chic
.
Harlem, 1st mort. 7j ;oup
do
do
,-eg
North Missouri, iBt mort
Ohioft Miss., consol. Eink. fd.
do
do consolidated....
do
do 2d do
do
do
1st Spring, div.
Central Paclflc gold bonds
do San Joaquin br'nch
do Cal. A Oregon Ist..
do
State aid bonds
do
L. (i. bonds
Western Pacinc bonda
Union Pacific, ist mort. bonds
do
Land grants. 7s,
do
Sinking fund...
108
108X
.
Detroit, Monroe A Tol. bonds. 102V
1U4
Buffalo A Erie, new bonds
101
Buffalo & State Line 78
Kalamazoo & W. Pigeon,
Lake Sliore Dlv. bonds.
107
20
IIHiiofs
do
2ddlv.
«3X
Minn., 1st mort.
US
W., Ist mort.
do
do
2d mort...
101% 102X
Mich. So. 7J). c. 2d mort.
Mich. S. ft N. Ind.. S. F., 7 p. c. lOiX i08
106V 103fc
Cleve. ft T*l. sinking fund
d«
106X
100
20
Keokuk
S3X Onlncy
ft
Indlanap., Bl.
99'
lOU
104
103
Nebraska, 8 p. c.
Mo. Rlv.,Land m. 78...
do
2d 8., do 78...,
da
3dS.,do 88...,
do
4thS., do88..
5thS.,doB8..,
do
6lhS., do8B.
do
do
101
Jo. land grants
88, conv. mort...
Cleve., P'vllle
Sioux City
Pennsylvania Coal....
100
do
do
Cedar Falls
Krle pref
Bprug Moiuuaui Coal
do
ft St.
Dubuque
87X
ft
106
107
9«
99
,
io"'
Bt. LoulB,
106H
Bur., C. R. ft M. (M dly.) g. 78.
Cairo ft Fulton, Ist 7s, gold ...
Calif ornia Pac. RK. 7s,gald...
do
68, 2d
Canada Southern 1st m...
with Int. certlfa.
do
Central Paclflc 7b, gold, con\^..
Central of Iowa 1st m. 7s, gold
couB. mort. gold bds.
78,
Buir, N. Y.
2.65b
do
do pref "
Cumberland Coal ft Iron
Maryland Coai
endorsed
do
5th
do
A P. Peak, 6b, gold...
A Paclflc L. G. 68, gld.
.
lOt.S
2d mort., 7s, 1879
3d do
78,1883
4th do
78,1880
ft
"H
bda. Hr, 4th at-rlea
Rockf d, R.l. ft Kt. L. lot 7a.gld
"•w'^n 7».eold..,
![«,.....•>
do
do
»8\ Sanduaky^ana.
106
.
711
dn
St. Jo.
94
58
98)4
K4
A
M
lOD
IV>ine 7r. Kiiar
8toux (.;ity « t'MCint. i»
Southern Minn, conatruc.
98
,011
68, long dates
:oii< 10514
78, sewerage
7s, water
10<X loei
7b, river Improvement •.04X los;
do
103\
do
7s, various
106
Cleveland78
107
Bur.
.
do
iii'"
Chicago
do
do
Atchison
*
(>aM'r»po
OtTIKS.
Atlantli:
14
& .1. Idt mort,.
Peoria ft Hock I. 7a. gold.. ..
lOSX Port Huron AL. M. 7a. gld, end
Pullman Palace Car <'o. atock.
do
Water and Park
,
dt
2d 71
Jerwey & N. Y. 7a, gold.
A Oaw. Mid. lut 7a, sold
do
do
2'l 7r. conv
Korth. Thc. Iat m. goU\ 7 3-10a.
'>ma^a A ftnMthwfiUTn UK ••
8t, L. ft
Albany, N.Y. ,6s
rold
Peoria, I'ckln
l<l>t.
Atchison
I07!<
Long Dock bondB
ex matu d coup..
consol. 2d series.
deferred bonds..,.
Cleve., Col.. Cfn. ft lodlanap..
Cleveland ft Pittsburg, guar..
ft
ft
50
(JiroAern' Qiiotatlons.)
Buffalo
tt
7a.
,
l^AILKnAOa.
Erie, Ist mort., extended
Central Pacific
Belleville
mMcellanonna
mort
2d mort.,
F.
Consol. m. bonds
ft Western, 2dm.
do
78, conv.
115V
Essex, Ist mort
•OJi
do
2d mort
bonds, 1900...
do
conBtructlon 104'
do
107
7s of 1871
do
do Ist con. guar. .16X
do
do
do
do
do
Susiiuehauna
ft
do
Morris
bonds
Chicago ft Alton
do pref..,
do
Chic, Bur. ft Qulncy.
Dubuque
sinking fund..
do
Weatern Union Tel., laxi.coup
W'
N. J. Midland Ut
New
1884 108
1877 102
7b, 18i4
reg. 7s, 1894 liJk
Long Island UR., Iat mort
Soutn Side, L. I., 1st m. bonda
Bltf.
.-n.
M. V.
coup.
.
do
DeL.Lack.
do
Active previoxmly quoted.)
ft
St. Peters, 1st
do
Railroad Stocks.
Albany
do
do
do
do
m
Winona ft
1867..,
Columbia
.
CCC.ft lna'8.lstm.78^8.
new bonds, 1866...
consol.
do
do
do
do
do
Istm.I.ftM.D 89
8!m
iBtm. I. ft D.. III
do
86
do
iBtm. H.ft D 81
42),
do
Istm.C. ft M. »3H 95
81!< 82 '< Detroit Water Works 78
do
iBt Consol.
do .. 90
Elizabeth City, due '95
do
2d m.
1U9
Chic, ft N. Western sink. fund. 106
118
Hartford 6b
Int. bonds 1112
do
lUOX
IndiananullB 7'dOs
consol. bdB 101
do
Long Islanl City
ext'n bds. 95
do
lUOK
106
City 7s
1st mort.,
Newark
do
U*K
cp.gld.bd8 8891! i8H
do
Water 78
do
101
87
88
>,
Oswego
do
reg. do
103
I03X
86 K
Pougnkeepsie Water
Iowa Midland, Ist mort. 8s,
iWX
Win 108S Rochester City Water bds.,
Galena ft Chicago Extended
li«>4
102
Toledo T'SOs
Peninsula, Ist mort., conv
LU
Yonkers Water,dnc 1903
Chic, ft Milwaukee, Ist mort..
lUl
do
do
do
do
do
do
68
do
110
CD
108, of 1876
6s, old.
do
do
do
do
do
do
'.08 Si
m
ti
South Caro1Ina68
Jan. ft July
do
April ft Oct
do
Funding act, 1866..
do
Land C, 1889, J. ft J
do
Land C, 1889, A.ftO
do
ofl8S8.
78
do
nonf undable bonds.
do
TennesBee 68, old
do
do new bonds. ...
do new series
do
do
do
do
do
do
do
do
loo'
h
10*
A Gulf Ut
do
Vd m. lOt.
N. Haven. Middlet'n * W.7i..
B., Ft. 8.
i:o
[Pekln.Ltnroln A Decatur, Ist in
Hostoi) ft N. V. Air Lino Iat in
Cln.. Lafavette ft t^hlc, Iat m.
Del. ft Uudeon Canal, lit in., "91
do
S. F. Inc. 6s, '95 100
US II6K
Central of N. J.. Ist m., new .
IU9
I09>»
1st consol...
do
do
101
107)..
do con. conv
do
Lehigh ft Wilkes li. con. guar. i«'4
Am. l)ock A improve, bonds. 101
lit
Mil. ft St. Paul 1st m. 8s, P. D.
7 3-10 do
do
do
2d
90'
7s.rold, R. D.
do
do
do
•,st78£ do..,
do
do
1st m.. La
99V lOO
do
42
42
42
•aotiaiTiB*.
Mo.
2d mort., 1898..
do
41X Qnlncy ft Toledo, 1 st mort. 1890
S2K nilnofa ft Ho. Iowa. Ist mort...
Lafayette, lU'n ft .Miss.. Iat m.
Han. A Central MlHKuurt.lstm
lo;
Paclflc
ft
Bid
Hannibal ft Naples, 1st mort..
Qreat Western, 1st mort., 1888.
lis
114
7s ;07«
do consol. m.
do
.
Virginia
iin>t
...
mort
m
IU6
to
Han. * Bt. Joseph, due 1876.
do 1886.
do
do
do 18S7. lUl
do
do
Hew York Bounty Loai, reg IM
coup. M
do
6b, Canal Loan, 1*77.
do
1878.
do
68,
do
do
6b, gold reg....:8g7.
C0UP..18S7.
68, do
do
loan.. 1883.
6s, do
do
do ..1891.
do
6b, do
do ..1876.
5s, do
do
North Carolina 68, old, J. A J..
A. ftO..
do
N.C.KH....J.* J..
do
....A.ftO..
do
do
do coup off..], ft J..
do
do do oft. A.ftO..
do
Funding act, 1866.
do
ao
do
New bonds, J. ft J..
do
A. ft O..
do
do
Bpeclal tax, Class 1.
do
Class 2.
do
do
Class 8.
do
do
Ohio68,1881
do 68.1886
Texae,
107
. .
do
do
do
do
may
ner cent valut. whateter the par
Wabaah, Iat m. extend
1ft m.St.L.dlT
do
2dmori
do
do
equlpm't bda
do
con. convert.
ft
',<
1877
1878
1879
1880
do
d«
do
do
do
do
Funding bonds due In 1894-5.
Long bds. due '81 to Nl Incl..
Rhode Island
do
do
2d
8d
Ilartr. ft Krle, Ist
Chicago, 1st mort
Louisiana ft Mo., Ist m., guar
St. Louis, Jack, ft Chic, 1st
Chic, Bur. ft Q. 8 p. c. 1st m.
lUOX
luus
in 1876
do
do
113
.follot ft
I'V
'.UCX
lOOJv
Louisiana 6s
do new bonds.. ..
do
donowfloatlnjpdebt
do
do
7b, Penitentiary
6b. levee bonds
do
do
8a,
do
1875..
do
8s,
do
of mo..
88
do
Michigan liB, 1878-79
68,1883
do
7s,1890
do
MUsourl 6s, due
do
do
11
11
II
M\
Indiana 5b
-^
IJIInolBSa coupon, 1877
do
do
Warloan
00
Kentucky 6s
Si
I(«X
lOOX
t)ond»
endoraed
gold konda
ft
guar
do
do
Bur. ,C. Rapids ft Minn. )8t 78, g
Chesapeake ft Ohio 6s, 1st m..
ex coup
do
do
Chicago ft Alton sinking fund.
do
do iBtmort
do
do Income
Mont. AEuf'laR.
Ch«t. H.
*a. *
Ra
8. .......
4rksniiaa
Tol.
Exchange Prices.)
Susq., 1st bonds...
(Stock
Albany
do
do
t/ut
•XTUBITin.
Bid,
Railroad Bonda.
State Bonds.
Price* rtiprMent
previotii page.
ascvaiTixs.
Bid
••OTTllITtM.
fin,
on a
active Railroad Stocki are quoted
68
do
78
do
stock
do
Wept Alibania 8b, guar
PASr DVtt COCPON8.
Tennessee state coupons
Virginia coupons
consol. coup
do
Alempblfi OKy ojupons
...
K
45
40
45
40
40
80
80
70
87
45
»
83
38
75
80
•1
«7
87
65
80
75
se
10
an
60
96
=s
55
10
40
SO
•0
70
70
90
90
100
82
54
66
iia
8B
10
IS
83
to
n
<s
70
60
90
64
95
60
39
42
42
50
IS
9
ra
T<
15
7«
98
88
S!
n
.
,
...
——
6
63
47
45
3
4
564
4
7
.
THE CHRONICLE.
86
NEW
Bank
[January 22, 1876.
YORK: LOGA'. SEOURITIBS.
Innnrance Stock
Stoek liUt.
(Quotations by E.
COHPANIXS.
Harked thui
Amount. Periods.
Pari
Ameiic**
1001 S.OIlO.OOO
•—
luu
J^^xchange.
Bowery
Broadway
Head*
Batchera & Urcvors
%
lU
a
.
Central
Gtaatham
Cbemlcal
100
26
too
a
Citizens*
City
Commerce
Cora Bxchanxe*
Cnrrency
DryGoode*
Bast River
Klcventh Ward*
Fifth
ATcnne*
Ponrtb
Pulton
Gallatin
German American*..
German ExchauKe*..
Gc.'ma^ta*
.Ian.8,'76...6
M.&N.
J.& J.
l.OOs 00
.I.ft J.
aoe.000
800,000
2,00U,0U0
490,000
aoo.oou
«».00l'
«-J.
,1.* J.
.July
Columbia
8
2-S
11
Commerce
Continental. ,.
Eagle
Empire City
20U
US
jniy'l."75.'.'.'8
Jan 3, '76...
Nov. I,'75.,-5
Eiriporlum
Exchange
ISO
Farragut
Firemen's
Firemen's Fund
Firemen's Trust...
ct. «, '75..
Feb. 1, '74...
1, "71...
Msy, 1,'75...8
8
3
7
10
May
.M.&N.
M..tN.
20
.J.& J.
.!.& J.
'io"
s
M.4S.
J.* J.
J.& J.
8
14
10
Jan, 3. '76.. 3
Mch.1,'75.,4
Jan. 1,'76...7
Jan. S, '78...
Globe
Greenwich
Guaranty
Guardian
Hamilton
&.I.
12
Ja.l. 3,'76...6
Hanover
Heffman
1
000,1)00
1
100,000
son,!*'
2.000,000
500,000
600.000
1,000,000
S.IOO.OCO
1,000,000
500,000
4.000.000
100
50
50
lOO
100
100
100
Oriental*
26
50
Paciac*
Park
25
iO
100
Kepublic
St. Nicholas
Seventh Ward
100
:oo
100
100
100
!00
100
100
100
Bjcond
Shoe and Leather
Sixth
State of New Tork...
Tenth
Third
Tradesmen's
Union
40
Importers'A Trad..
Irving
Nov.
Nov.
1,*75...5
I, '75. .4
Jan.
3. '76 ..4
Jan.
Ian
Jan.
3, '76.3X
3, '76...
Knickerbocker
'200.000
.J.& J.
2,000,000
1,000,000
1,000,000
1,000,00)
M.&N.
&J.
J
F.&A.
F.&A.
Oct i.TS.
Lorillard
Man«f&
.4
3, '78..
.Jan.3, '76
Mech.&Trad'rs'..,
3S
M.*N.
.!.& J.
Montauk (B'klyn)
Jan.3,'76...5
Ian. 3,'76...5
129
Nlaisara
North Klver
Jalyl8,'74.3X
Feb.
8, '75..
Aug.
9,
July
Paclllc
75..
Park
10l>,
1,
Jan.
'75.. .3
3. '76...
Jan.
3,'76...6
I52X
Julvlt'75...4
Nov.lO,':5,. 4
Jan.2'74.2)ig
3.'76-.
Jan.
10
10
11
National
N. Y. Equitable....
New York Fire ...
N. Y. & \onkers..
8.'76.3X
1^ Jan.
12
Nassau (B'klyn)..
Nov.l,75...3
Jan
Charles Otis, Broker,
toy
Gas Comfaniss.
Brooklyn Gas Light Co
Co (Bklyn
do
certiQcates...
2,000,000
1,200,000
300.ll{Kl
Republic
Kldgewood
3,'76...5
St. Nicholas...
Standard
Harlem
50
Jersey City & Hoboken
M>tnhattan
M'tropolltan
do
certlQcates...
do
I)
n :b
1,850,000
2Ui
386,000
50 4,000,000
100 2,:00,000
,
...
...I
Mutual.N. ¥
VASsau, Brooklyn
do
scrip
l.tW.OOO
500,000
F.&A.
J.& J.
J.& J.
M.&S.
1
....
New York
People's (Brooklyn)
do
do
bond!.
ICO
10
.
.
Westchester County
.1
50
Certlfloaies
.
Bond!
WUllamsburg
. . .
50
....I
Sf'rln
100
lOOO
4t"«— stock. 100
lOOC
1,000.000
500,000
4,000,000
1,000,000
300,000
Ian.,
I
mortgage
7
ftN.
5
& J.
F &A.
.(
53.000
21,100
1,000,000
1000,000
J.
&
J.&
J.&
3X
J.
J.
J.
'76
Jan.,
'76
Ctty Securities.
[Quotations by Danikl A. Mokan, Broker,
Jan.,
Jan.,
'76.
J.&D.
Q-F.
M.&N.
Sov..'75
150
i6
1884
92X
18T2
Jan. ,76
ios"
Ort.,'75
6j
t5
155
1888
72X
"iM'i"
18J7
Nov.,
'75
Nov.,
'75
1873
&
*D.
F.&A.
100
Bergen bonds
1877
1876
1885
1888
N(;v.,'75
1890
Nov.,
'75
\m
J.&
&
JaUMie
\
^
'
last
dividend un Hoclii, also date of
1852-67.
Waterloan
do
long
..
1869-71
do
1866-69.
Sewerage bon ds
Assessment bonds. ..1870-71.
Improvement bonds
May & November.
Feb.,May, Aug.& Nov.
May & Novcnber.
do
do
do
do
do
do
liiftt'Urli.V
oftonOt.
BrooHtfn-lQuotatlons by
Local ImprovementCity bonds
N
140
110
85
100
Water loan bonds
BrMcebonda
Water loan
%.
....
Git? kottos
Kings Co. bonds
.
do
do
•All Brooklyn bonds
do
do
do
do
do
Sg.
January
&
July.
January &"ju(y.
do
do
Jan., May, July & Nov.
flat.
1875-80
1875-79
1890
1888-90
1884-1911
1884-1900
1907-11
1875-98
1875-95
187ti
1901
1905
1878
1894-97
1876
1889
1879-90
1901
1888
1879-82
1896
1891
1877
1895
1899-1902
1376-79
1876-91
1905
1876-1900
BxiRB, Jr., Broker, 2K Wall
January
do
do
do
do
Park bonds
100
do
January and July.
Jan„'7u
J.&
COtUlTil,
Keb.jMay Aug.&Nov.
do
do
do
do
do
do
do
do
May & November.
Feb., May Aug.& Nov.
do
do
do
do
do
do
. . .
&
&
J.&
M.&N.
A.&O.
York:
1841-63.
Water stock
1S54-57.
do
Crotonwaterstock.. 1815-51.
..1852-60.
do
do
Croton Aqued'ct stock 1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds.. 1853-57.
do
..1853-65.
do
1852.
Dock bonds
do
1870.
1'75.
do
1860.
Floating debt stock
1866-68.
Market stock
1863.
Soldlers'ald fund
1869
Improvement stock
CO
jl869.
do
var.
Consolidated bonds
var.
Street imp. stock'
do
var.
do
N*^w Consolidated
Westchester County
Jersey VUy:
.
&
Prick
Bid.
,
Ask.
yew
'76
Jan.,
Wall Street.]
Bondsdue.
76
Jan.,
40
Mouths Payable.
ISSO
J.&D
*lMi«
» (Jver all liabilities, including re.'osurance, capital and profit scrip
t Stock dividends of 25 per cent by the Hanover and Westchester, 20 per cent
by the Home, and 33X per cent by the St. Nicholas, have since been declared out
of above net eurplus.
iNTKRKST.
Jan.,
&
.
—
138
4'i6,000
—
—
1(10
7
900,000,
694,000
J.
J.
Broadway <fe Seventh
2,100,000
J.& J.
inortL'agc
I :it
1,500,000
Brookl'in CTti/— stock
:o 2,000,000
Ist mortgage
1000
300,000
Broadwut/ I Brooklyn)— i\.oc\L
100
•200,0W)
J.& J.
Htintfi''^
Brooklyn it
Pt stock... 100
400,000
1st mortgage bonds
1000
300,000
J
J.
\^eniral Pk, N. tfc A*. TMoer— stock 100 1,8(0,000
'St mortgage
1000 1,200.000
i'.&A.
Ckri^topher it Tenth firtreci— stock
650.000
S(r;,000
VyneiilNland ,f- BraoVn—i^i mort iooo
J.
J.
Dr>/ Dock, K, B. it /lattery— sloc.^ 100 1,200,000
«-r.
Ist niortsars. cona'd
900,000
Alahtli Aven,
-stock
.1
ioo 1,000,000
J.
1st mortgag
IOOO
203,000
J.
iiiiSt. <fc f?ranu _*/«rri/— stock.. 100
748,000
Ist monir.tge
IOOO
236,00*
Central Crons Uown- stock
560,000
100
1st mortgage
1000
200,000
JUintfi Avenue stock
7»7,3,'0
100
... 1000
207,000
J.
1st mortgage
J.
UK' 1.199,500
Q.-F.
Second Avenue,— aioek
3.50,000
IOOO
J.
1st mortu'age
200,000
2(1 mortgage
I0>0
A.&O.
1000
150,000
3d mortgai^e
617,(100
M.&N.
0;i:i?.. Convertliile
1000
.M.&N.
Sixth Arienue- stock
100
750,000
J.
IOOO
415,000
1st mort^agi
Iiiird /Ireu'tc— stock
100 2,000,000
Q~F.
1000 2 000,000
J.
;,(t mortgage
600,000
J
100
J.
1 nwnLt/-thiro. Street stocK
250,000
M.&N.
1st liortg.ig*'
1100
Ist
'75
'75
'76
'76.
Jan.,
Sept20,-76
M.&N.
M
'7f
Oct.,
..
1001 5 000,000
25
Williamsburg City.
'7;
(let.,
Aug.,
&S
J.& J.
Stuyvesant...
Tradesmen's..
United States
Westchester...
Last
dlvicend.
Oct.,
M.
Star
Sterling
Exchange Place.]
A.&O.
Produce Exchange
Resolute
Rutgers'
Safeguard
NOV. 1.'75..5
Jan. 1, '76.. .41
Periods.
Citizens' Gas
do
47
Peter Cooper. ....
People's
Phenlx (B'klyn) ..
Relief
4
Gas and CItr K.R. Stocks and Bonds.
[Quotations
.
Merchants'
Metropolitan
1, '74.3M
Jan.:3, '79...6
3
12
12
S
8
J.&
200,000
Mercantile..
3
3K
.J.& J.
1,500,1100
Mechanlcs'(Bklyn)
July
7
12
12
12
10
7
3>«
7
12
12
12
10
7
Builders
Manhattan
'73. ..5
Jan.
;
Lenox
8, '76.. .5
May,
J.
J.
.J.& J.
Lamar..
Longl8land(Bkly
Nov.lO.'75..4
•T.&.T.
.!.& J.
J.&
11!«
3,'76...4
.
July 1,'75...7
Jan.3, •76.3S
,!.& J.
,).& J.
Lafayette (B'klyn)
lOS
.I.&.I.
.!.& J.
J.& J.
J.& J.
J.& J.
J. & J.
,J.&.J.
<J-F.
Jeflerson
Kings Co. (B'klyn)
USX
Jan.
2,000,000
412,500
1,800.000
250,000
2,000,000
1,000,000
300,000
300,000
1,000,000
50
ion
West Side*
10
9
Howard
140
.!.& J.
422.70(1
100
Peoples*
Phenlx
Produce'
7X
Hope
150
J, '76...
3, '76...
Jan. 8, '76...
Nov. !,"75...S
J.& J.
A.& O.
M.&N.
200,000
SIKVHJO
500.000
1.500.000
1,000,000
400.000
300,000
100
so
North UWei*
Jan.
.!.& J.
,!.& J.
.).& J.
2'.«,000
ino
100
100
100
Jan.
M.&N.
Homo
Jaii.l0,'75...4
10
10
M.&ls.
1,000,000
3.000,000
lOtr
Fe'0.12,"J4.8«
'ii'
M.&N.
Oebhard
German-American
Germanla
1,';5..1"
J'an.S, *ti'.A
Aug.10,-75.,5
Julyl.'75..3H
10
,].& J.
.!.& J.
,!.& J.
I.(»XI,0OC
50
25
§^
F.& A
J.& J.
400,000
100
IOC
23
& A.
F.
May
Fire....
Commercial
J«lyl.'75,2S
'14'
it- J.
.I.&.J.
Ninth
North America*
U
J.& J.
M.*N.
A.&O.
F.& A.
4:0,000-
Connty....
T. Nat.Excliaiige.
Y. Gold Exchange'
City
Clinton
M.&N.
50 2 050,000
300,000
100
N
Citizens'
81
150
1, '74.. .4
800.01X)
Manhattan*
M^nut- A Mercliants*.
Marine
N
llt»
200,000
100,000
Mi>attt<arer8*& liulld.'
New V'ork
New York
USX
Brooklyn
.Ian. 3, 76...
7
il-J.
,1.
Hill*
Broadway
Tan. w,'7e.iy
Jan. 3, '76...
.
101,0(0
600.000
500,000
Murray
Bowery
Brewers' ftM'lBt'rs
900
1,'76...6
,'an. 10. 76 3)1
.Jan. 6. '78...
200,00f
100
100
Nassau*
13t>
.).* J.
.!.& J.
.)
&J
J.& J.
500.000
.Metropolitan
Ian.
Excta'e.
Arctic
Atlantic
99H l99X
'76.. .;
A.nK.!,1i...i
50
Merchants' £x
Metropolis*
American
American
Amliy
I "76. .25
3, '76...
F.*A.
50
100
tlnrchants
Ian. 3.
Jan.
Feb.
Ijeather Afanufactrs..
Uorcantlle
..Etna
125
(J-F.
.IT* J.
,).& J.
100
100
100
Mechanics
Mech. BkK A8so*tlon.
Mechanics & Traders.
Adriatic
115X
Sept. (,'75, .6
.Jan. 3, '76...
Jan. a,''6...4
,!.& J.
ev. 2 moiJ.& J.
& Traders*
Market
152
lUK
lUO
25
40
Loanera'*
150
S. '76..
.(an. 3, "VS.. 15
M.ctN.
a
hIandClty
.4
Ian.
'aio,0(m
Grocers*
Importers*
Irvln«
Nov.l,T5.
*J
.1 .
Bid. 'Askd
Last Paid.
1874
100
Greenwich*
Grand Ccutral'
Hanover
Harlem"
ISTS
J
2i»(«0
100 1,000,000
lUO 10,000.000
lUO 1,500,000
100 i,o;io 000
100
iwi,m*'
lUU 1.(«IO,000
25
350,001.
25
•A«,000
100
150,000
100
100,10 J
100
900.00U
100 5.000,000
80
•«oo,ooo
50 1 500.000
100 lOOO.OOO
Continental
&
,1 .
5.000.000
'
luu
Bnll'e
Fifth
Flrat
street.)
(•>
not National.
American
I<l*(t.
BxlLaY, broker, 65 Wall
PBtOX,
DiVIDKHDS.
Capital.
8.
&
July,
do
00
do
do
do
do
do
do
do
do
do
May & November,
97
102
101
96
11'2>«
102 >,
•.09
!(»>!
96
100
103
103
110
103
97
103
97
109
102X
lOlJ,
109
•101
1^2
X
lOlX
112
ll'iX
l(4k
1'2
106
95
96
110
103
102
110
102
103
108
113
lOS
108
113
107
9«
102
97
105
105
105
105
103 X
101
101
104
102
102
.OSX
St.]
1876-80
1881-95
191.5-24
105
110
108
1903
1915
111
112K
113X
109X
lli'X
WOli-lilOS
:t4
104X
1881-95
1880-83
1875-80
U'lX
loavj
1(5
108 k
100
:
:
January
22,
THE CHK-ONICLR
lii6j
AND
STATE. CITY AND CORPORATION FINANCES.
" Investors' Supplement" Is published on tbe last Saturday
to all regular subscribers of the
of each month, and furnished
No single copies of the Supplement are sold at the
~The
Chronicle.
as only a sufficient
number
ia
printed to supply regular
subscribers.
^
GENERAL INVESTMENT NEWS.
Alabama & Chattanooga. -The following
is from a press di*.
the United States Circuit
signed a decree vacating the
Court' last night, Judge Woods
truptees and receivers of the Alaoffice of Stanton and Looniis as
Chattanooga Kailroad. They are required to turn over
patch dated Mobile. January 16th
:
In
bama &
to the new trustees. Hon.
their accounts on the 1st ot February
D.
David A. Wells, of Connecticut, and Robert H. Smith and
Dunn, of Alabama.
under tbe landBHrliii?t0li & Missouri River.— The trustees
until Jan. 37,
crant luorigage give notice that they will receive
mortproposals lor the sale to them, under the provisions of the
eeaeoi «1G1,000 of the seven per cent land-grant boudi of this
Proposals must be sealed and addressed to John N.
W.
company.
Deniaon, Assistant Treasurer. Boston.
decision renCliesapealJe and Ohio. In accordance with the
dered in the United States Circuit Court at Alexandria, Va., on
vs.
The Chesa
January 3 the cass of A. F. Richards aud others
peake and' Ohio Railroad has been dismissed by Judge Bond, in
will
tUe United States Circuit Court, and the affairs ot the road
who was appointed receiver by
l)c turned over to Gen. Wickham,
the State courts.
Chicago & Iowa. Under the provisions of the traffic contract
with the Chicago Burlington & Quincy, proposals may be addressed to John N. Denison, Boston, until Jan. 27, for the sale to lira
of 60 or any less number of the mortgage bonds of this company
which are included in the contract.
—
—
Chicago Danville
&
Vincennes.— General Adna Anderson,
December last, as
Receiver, reports for October, Noveinber and
follows
Oct.
1,
:
and redeemed during
it is alleged, have already been presented
the administration of the late Treasurer.
BECEIPTS.
ISrS-Balance on hnnd
attention of the General Auembly Is especially iavitud to
that portion of Mr. Bozeman 's report, which refers to the State
bonds redeemed by Henry Clews & Co., as iormer financial agent
It Is shown that in the years 1370 and 1871, this
of tho State.
agent redeemed bonds ot the State amounting to |272,'^50, ot
The remainioff
which $98,250 were afterw«rds cancelled.
$800,000 of void currency bond«,
$174,000, togethor with
and £15,000 of sterling bonds, which had also been redeemed,
we»e, on the 13th day of December, 1873, sold by the said agent
At ihe sale,
at puhllc auction, in New York, on one day's notice.
the $174,000 of bonds mentioned were nominally bid' off aa follows, viz.: $156,000, by J. D. Hayes; $12,500, by the Misses
Clews (said to be the sisters of Henry Clews), and $5,000 by
Messrs. Chittenden & Hubbard. The amount realized from the
sale of these bonds was $18,625. The sterling bf.nds and the void
currency bonds mentioned were also disposed ot for a trifiing
sum. It cannot be doubted that this pretended sale was a mere
device resorted to for the purpose of obtaining a color ot right
for placing these already redeemed securities a second time upon
the market. After the sale, they all went back into the control
of Henry Clews & Co.. and it is alleged that, early in the spring
of 1874, a portion jf the same bonds, amounting to $149,250, was
presented at the Treasury of Georgia, and again redeemed by the
late Treasurer. It has not yet been ascertained when or by whom
these bonds were thus presented for payment. The late Treasurer
himself declares his inability to give any information Whatever
upon these points.
Assembly
I would respectfully call the attention of tho General
" To preto the following extract from my last annual message
vent tbe injury to the public interest likely to result from any
unauthorized or unlawful negotiation of our securities, I would
suggest that all the bonds recognized as legal and binding on the
State, issued during the late administration, be withdrawn from
circulation, and that other bonds of similar amount and of proper
tenor and effect, be issued in lieu thereof." The reasons which
induced me to submit this recommendation at the last session
it.
For causes
still exist, and make it ray duty here to renew
needless to be mentioned, the bonds issued during the late ad-minis
It is
tration are not equal in value to our other public securities.
manifestly to the interest of the State that all her bonded obligations should, as nearly as practicable, be made of .equal value in
the markets of the world. It will be remembered that a large
amount of the gold quarterly bonds of the State in tlie hands of
Messrs. Clews & Co., have been declared null and void by legisCoupons of these bonds, amounting to $2,t325,
lative euactment.
The
3u»eetmentg
office,
87
l?Hv5
S?
A„
592 22
Hartford Providence & Flshllill.—The bonds issued by this
company and held by the City of Providence became duo Jan. 1.
'f_^ On that date the New York & New England Company tendered
$J70,B12 81
Total
to the t;iiy Treasurer the amount of the bonds, and demanded
DISBURSBMKSTS.
the surrender of the same. The Treasurer offered to receive the
$201,018 85
On Tarioiis accounts
money on deposit and to give credit for the same, but refused to
47i i7
Account llummond & Brown's expenses
surrender tbe bonds, and the Mayor aleo refused when the same
25 8,7 31
On account of floating debt of C. D. & V. KR. Co
43,7-i4 08
tender aud demand were made to him. The coupons were paid
Balance on hand Dec. 31
by tbe trustees in possession of the road. The City Council
$270,512
m
ToUl
approved of the action taken by the Mayor and Treasurer, and
Mortgage
Bondof
the
First
Chairman
Mr. p. W. Huidekoper,
directed that the trustees under the mortgage be notified to take
holders Committee, has issued a circular, in which he says
steps at once to foreclose the mortgage.
From various sources, freight, traffic, .Sc
From Hammond & Brown, former receivers
'?;;1
Snndries
•
In pursuance of the privilege granted in July last by the U. S.
Court of Illinois and Indiana, to the Committee ot Boudlmlders
to intervene in the Trusteess suit of foreclosure (as stated in our
circular of August 10, 1875), we filed on the 15th day of December, ult„ an Intervening Petition in said suit which the (,'niirt received, and in accordance with our request to ascertain the facts
therein stated, has referred it to a Master.
Davenport & St. Panl.— A despatch from Davenport, Iowa,
A telegram has been received in this city stating
Jan. 17, says
that the differences have been settled between the German iind
Atiierican bondholders of the Davenport & St. Paul Railroad, tlie
former owning $4,000,000 of bonds and latter |500,000. Accordingly, advertisement of the sale of the road has been made, and
the 2d of March fixed for the date of the sale, and to take place
in Davenport,
Eastern Railroad, Mass.— At the adjourned meeting <Jf the
creditors of the Eastern Railroad, on Saturday, 15th inst., Francis
E. Parker, chairman ot the committee appointed to nominate three
trustees, reported the names of the Hon. Cbarles Allen and Messrs.
:
Maysville & Lexington.— The sale of the Northern Division
has been approved Dy the Court, and the property has been duly
transferred and deeded to the bondholders for whose account it
was bought. The receiver, Mr. John T.Wilson, delivered possession of the property, January 1st, to Colonel Andereon, who will
manage it for the present as agent for the owners.
—
New Jersey Midland. The committee having in charge the
Balestier plan of re-organization has issued a circular stating that
In view of the oppo$1,500,000 in bonds have been surrendered.
sition made to the planVthe committee has extended the time for
surrender of bonds to Feb. 1, up to wbich time holders desiring
to join in the plan may deposit their bonds, with the assessment
of i per cent, with tbe Central Trust Company, No. 14 Nassau
The committee say that the condition ot the
street. New York.
road is improving under the management of '.he receivers, who
are in accord with their plan, and are working for the interests of
the bondholders.
From examination of the road and the receivers' books, the
William P, Bacon and WiUard P. Phillips for the position.
presiding liabilities and needs of the company are ascertained to
Dr. Estes Howe of Cambridge moved the acceptance of the report be $529,000.
and that the three names be inserted in the proposed legislative
A careful estimate made by the engineer ia that it will requira
act.
This was carried, and alterwardc the same gentleman moved to put the road in good order, $75,000 for filling in trestles, $25,that the plan be adopted and the former committee on nomination 000 for masonry and $12,000 for bridges, in all $112,000.
be authorized to present the matter to the legislature and petition
There are two unsettled claims, which must be adjudicated in
for its adoption. This was also adopted.
the courts, one for the use of the Hudson connecting road under
A. WorGeorgia State Bonds. The Governor's Message saya: The a lease, the other a lien on the equipment given by C.
believe that the prior
valid bonded debt of the State amounts to $8,005,.500. Tbe tendyke as President. The committee
needs, and
whole amount of outstanding bonds of the State declared null mortgage for $500,000 will be sufficient for immediate
by the net
and void by legislative enactments, is $2,872,000. The amount of that the rest of the money required will be provided
bonds classed by Mr. Bozeman as " invalid," is $473,250. The earnings of the road.
i,
tt i
The names of this committee are as follows D. B. Halstead,
outstanding past due bonds ot the State amount to f 3o.o00. It ia
Jr., New York
Ely,
Smith
Dole,
Nathaniel
Burtis,
Charles
H.
shown by the report that an amount of 6 per cent, bonds, not
Brown, Paterson,
exceediug $375,000, was executed, probably in tho year 1854, for William S. Banta, Hackensack, N. J. John J.
Grinnell Burt, Warwick. N.Y.; J. F. Hull. Poughkepsie,
the purpose of being exchaD^ed for the outstanding bonds of tbe N.J
Henry SVhelen, Philadelphia S. E. Olmstead. Norwalk,
Central Bank. For some reason these bonds were never issued, N. Y
J M. Meech, Norwich, Conn. E. S. Erancis, Pittsfield.
but remained in tbe Treasury vault at Millcdgeville until Nov., Conn
Mass J N. Balestier, Brattleboro, Vt. The Secretary of the
1864, when, it is supposed, they fell into the hand* of the Federal
is at No. 13S Chambers
troops. A rumor exists that attempts have since been made to Comm'ittee is H. P. Dechert, whose office
put them in circulation in a Western State. For the protection street, New York.
.
,
,,
.
v
.u
_
—Mr. Alexander Main of this city, in behalf ot the other party
of the public against Iraud and imposition, I recommended that
he
says
in
which
coanter-statemeat,
appropriate action be taken, declaring these bonds null and wid. of bondholders, has issued a
—
:
;
;
•
•
;
'•
;
:
:
:
.
^
THE CHRONICLE
88
[January 22, 1876.
ihat no such amount as above eatimated is required bjr the road. have worked on tbis matter diligently, and we understand that
that the dues arrangements are on the point of completion a contract having
tlie taxes are not a pressing liabilitv
for right of way can be adjusted for |40,000 and be paid out ot been made orally, and the necessary papers being nearly ready
the net earnings that the receivers have borrowed only $18,000; for signature. Tliis contract would, we presume, prevent the
that only $30,000 worth of rolling stock is needed, and that this Panama Railroad Company from running a steamship line of its
can be leased on favorable terms that the receivers have so re- own between this city and San Francisco, even if the injunction
paired tbe Dundee bridge that it will last for four years; and should be dissolved on the appeal which was argued before the
that all needed filling, masonry and bridges can be paid for put General Term of the Supreme Court.
The Pacific Mail Company to-day paid to the Panama Company
of the ordinary earnings of the road.
The circular continues
•'
We are informed by the receivers that if the bondholders will the sum of $50,000, on account of moneys borrowed of it upon
sundry steamships. The Panama people s'ate that the Pacific
furnish $200,000, by taking that amount of their certificatei,
they can provide for all pressing liabiliiios, and that the road will Mail Company owes them, on freights collected for Panama
show good net esrnings In cash from this time onward, sufficient account, a sum four or five times as large as that, and delays
payment for reasons which are not mide satisfactory.
to pay the interest on the certificates and all deferred claims, and
albo ih« principal on the certificates as tliey mature.
In the foreclosure suit of
St. Lonis and Soutli-Eastern.
'Their statement of six months' net earnings, $33,215 51, gives Calhoun & 0(5dyke, trustees, vs. The St. .Louis and
Soutb-Eastem
unfair impression of the capacity of the road.
" The following are the receivers' returns for the last five Railroad Company, pending in the United States Circuit Court,
H. W. Smithers of London and F. W. Oervel and Wertheim &
Kiontha to December Ist inst.
Qompertz of Amsterdam, Holland, applied by their counsel to be
Gross eiimln);8. Net earnings.
He says that
I
:
;
;
;
:
—
$'.0,881 40
$45,854 39
JnlT.
11,5!I8 81
6;J.610 18
August.
1.3,19H 95
60,18« 57
September
S3.2W) Si
8,314 60
October
5».80? 48
15.613 8U
Jtovember.
iuoluded
"The receivers say that in the ' operating expenses.are
•considerable amounts for labor and materials used fur the permaoent betterment of the mortgaged property, and whicu are prop"
erly chargeable to the equipment and construction accounts.'
made
the
parties defendants, as representing upward of $2,000,000 of
mortgrge bonds a prior lieu to the consolidated bonds.
petition was allowed, order entered, and answer filed.
—
first
The
Paul
St.
&
Pacific.
— The
Amsterdam committee announced
Dec. 24, that the companv bad accepted the slight modifications
of the plan of arrangement made at t"jo bondholders' meeting;
also that the certificates of the committee as well as the original
bonds would be received in payment of lands. The committee
Ohio Railreails in 1875.— The ninth annual report ot the Ohio also reported that the company had made proposals with regard
Commissioner of Railri'ads and Telegraphs includes returcs to the St. Vincent and Braineid extensions, but that they were of
from the various coupanies for the year ending June 30, 1875. such a nature as that the committee could got agree with tbem.
One company, the Whitewater Valley, only a very small part of The committee was inclined to await new proposals, at the same
whose road is in the State, failed to report, but itS/mileage is in- time continuing the foreclosure suit.
According to i^ 7 of the arrangement, tbe fsllowing trustees
cluded in the general statement. The following figures are
have been appointed: Geo. S. Coe, John S. Barnes, New York
obtained from the report
Edwin C. Litchfield, Brooklyn, N. Y John Carp, Utrecht, HolTotll
In Ohio.
reported.
land J. C. de Vries, Solicitor, Amsterdam.
The two latter are
MUeageof main line
4,5n7 93
8,222 00
appointed by the Amsterdam bondholders' committee.
2,I8I00
Mileage second tracks and sidings
1,1'JO 3B
10.3'« 00
Total track laid
5,758 29
Spartanburg & Union. The South Carolina Supreme Court
Capital etocK paid in
$151,386,011 98
$2'18,048,431 18
has affirmed the decision of the lower court that the bonds, unpaid
Fnndeddebt
134,4(K),9;5 6U
269,4 H,7.J2 9J
02
Otherdebt
29,8^9.115
31,808,(144 45
coupons and interest on the coupons, are to bo paid without
Totsl stock and debt
315,ti"l>.052 6il
6H:j.27:i,3U8 63
preference, and pro rata out of the proceeds of the sale of the
125
Gross earnings
60
35,2.54,117
&i
64,495,
road,and that the judgment of $30,000 existing before the indorseWorking expenses
25,573,068 14
48.979,638 89
ment of the bonds by the State, and claimt^^d to have been postponed,
:Setearnings
9,68!,C59 46
17,515,688 95
Gross earnings per mile
7,713
7,844
does not have a lien in preference to the bonds and coupons.
;
;
;
—
.•
1
Per cent of expenses
Tons
72'81
T.J'54
freight carried
Passengerb carried
Interest paid
Dividends paid
—
85,750 501
Toledo Wabash and Western; The Daily Bulletin says of
the foreclosure suit uuder the consolidated mortgage: "The case
will not, however, be reached in Illinois till early in February, at
which time the stockholders say that whatever opposition is attempted will be developed. Should the gold bondiiolders succeed
in the suit and obtain a decree of sale in the o her two States, the
stockholders will still have a right to redeem the property for a
period of about fifteen months after the sale. The interest of the
parties concerned in this city is very large, and while the Committee of the ffold bondholders have defined their position in a
recently published statement, the other side are very reticent in
regard to their line of defence."
ir.lit3.548
•••
$13,376,985 08
6,377,79100
The track laid in the State was increased during the year by
83'5 of main line, and 485 miles of second track and sidings.
Tbe total mileage reported for is increased by 413 miles, most of
which is accounted for by the completion of the Baltimore Pittsburgh & Chicago and tbe acquisition of the Springfield Division
by the Ohio & Mississippi, 'i'bere are 1,432'5 miles laid wiih steel
Six companies have lines in progress whose agjrregate
rails.
length when completed will be 1,294 miles, of which 130 are
graded. The sum of $1,882,702 75 has been expended on these
lines.
As compared with the preceding year, there was a decrease ot
$6,432,868 84, about 11 per cent, in gross, and of $2,372,482 43, a
little over 11 per cent, in net earnings of all the mileage reporting. I
The net earnings were about 3 per cent on the total stoik and I
debt. Deducting the mileage not reported for, the earnings, &c.,
given, were from 7,489 miles of main track.
The equipment has changed but little during the year, there
being an increase of 23 engine, of 31 baggage, and 20 passenger
cars, and a decrease of 22 sleeping cars and 764 freight cars, with
and increase of 70 other cars.
There are 7,419^ miles of telegraph lines reported, with offices
at 1,102 stations.
The passenger and freight stations numbar
1,727, and 48,210 persons are reported as employees, of whom 27,716
are in the State.
11
I
I
]
—
Virginia Financial Proposition.— The Richmond W/iia says
the advantages to the Stale of Virginia to be derived from the
acceptance of tlie oflfer made by the British bondholders through
General Taylor, as presented by him and as it und"rstands them,
are substantially as follows, (the term of three years is taken,
and the debt is divided into consolidated, or tax receivable, and
non-consolidated)
The non-conanlidated debt amounts to.
$10,000,000
:
interest at six per cent {ctirrenc}')
lutcre 81 proposed on same by new bonds at three per cent, payable
ingold
600,000
$:jOi,nO)
Premium on
gold, say 15
45,000-
Saved 10 the State Annually
345,000
$255,000
Consolidated debt
Interests per cent (currency)
on new bond, 4>!^ (gold)
...$20,000,000
1,200,000
..$900,000
Railroad. The New York World says Al a meeting
Premium on gold, 15
l:«,000— 1,035,000
of the Board of Directors of the Panama Railroad Company, held
on Thursday, a report of the Secretary and Treasurer was subSaved annually
$65,000
.'.'../,'.','...
mitted, showing the earnings of 1875. The following is an Annual saving for three years
420.COO
extract from the report
Total saving for three years
$1,260,000
" For the year 1874 the gross earnings of the road from freight
The interest on new bonds to be offered for " consols" is put at
and passenger traffic were $1,.592,831 69, while in 1375 they were
$1,387,319 71— some $300,000 less in 1875 than in 1874. The 4J, as the British holder of these securities now realizes 4J gold.
tonnage transported in 1875 was about 48,000 tons le^'s than in The higher rate of interest would tnsure exchange, especially as
Tbis loss, both in gross earnings and in tonnage, was the new bonds would in a faw years carry 5 per cent interest.
1874.
Messrs. Thos. Branch & Co., bankers in Richmond, say in their
chiefly on traffic between New York and San Francisco, as will be
found upon an examination of the analysis ot the freight traffic circular of Jan. 15;
The funding of the old debt into new consols continues slowly.
done by the road for the various steam lines centring at the
The figures are as follows
Isthmus.
" VVIiile, however, the gross eirnings of the road alone were
Consols carrying tax-paying coupons
$18,881,500
Panama
:
."
:
$300,000 less in 1875 than in 1874, the net earnings of the company
were $59,630 67 more. This is accounted for by the reduction of
etnenae,< on the Istlimus and in New York."
It was also stated, as we learn from a director who attended the
meeting, upon authority of President Park's personal inspection
and reports of the offices iu charjre of the road, that the Panama
Railroad was never in better physical condition than at the close
of the year 1875.
After Judge Donohue had granted the injunction restraining
the Panama Company from running steamers of its own on the
New York and California route, the Panama directors authorized
a committee to see what could be done towards having a new
Bteamship line put on the route. Mr, Park and Mr, C. G, Francklyn
Consols registered convertible into above
Peelers (coupons not receivable)
Unfunded
(all
classes)
Total debt (excluding $15,000,000
The market
for tax-paying
1,355,500— $30 237 OOO
'
West Virginia)
8 731000
6:^34 000
1297302,000
coupons has been steadily maintained at 84 in January and July, up to 90 toward the end of tbe
$8'30,000 were taken in for taxes last year.
half year.
Twothirds of the iuteri'st on the balance of the debt has been paid up
to July, 1874, but $200,000 had to be birrowed from tbe banks to
make thi.s payment. The estimated cash revenues of theJState^for
the current year do not exceed the estimated expenses, 'hence* no
payment can be made on accun; of interest unless the taxes shall
be increased
.
January
.
.
THE CHRONICLE
22, 1876.]
89
O
Commercial Qlime0.
^\]t
OTT ON.
Fhidat,
Crop, as indicated by our telegrann
from the South to-night, is given below. Fur the woek ondiuj;
this evening (January 21) the total receipts have reached 143,071
bales, against 161,515 bales last week, 138,174 bales the previous
week, and 186,527 bales three weeks since, making the total
(COMMERCIAL EPITOME.
Briday Night,
"there have been no
new
iThe Voliime of business
Jan. 21, 1876.
features presented in trade matters
is still
quite moderate and speculation
is
times mucli timidity. The leading circuminfluence the future of prices are so ill-deflued
BliO*in({ at
fitful,
p. M,. Jbd. 21, 187«
Thk Movement of the
receipts since the lat of September, 1875, 3,782,746 bales, agahiat
name period of 1874-5, showing an increase
and uncertain in their character that few are willin^f to trust to since Sept. 1, 1873, of 370,826 bales. The details of the receipt!
any definite view that may be taken of them. A long session of for this week (as per telegrapli) and for the torrespoudiug weeki
Congress, in which laws of doubtful expediency may be enacted, of five previous years are as follows:
the excitements of a Presidential canvass and the Centennial
187».
ltr>&.,
18(4.
Receipts this week at—
ini.
1871.
festiviiies, are all before ua, and contribute to the feeling of
Sa,7ST
55,635
6S,4IH>.
uncertainty which seems to prevail among business men.
47,050
New Orleans.. .,
44.114
S0,35»
9,751
16,655
16,649
19,3r8|
K,?M
16,<tS
The speculation in provisions ha.s been very quiet, except for Mobile
H,S36
10,621
14.W1
Charleston
...
lard, in which there has been a brislc business at declinijig prices;
19,1
10,811
10,410.
[
959
1.175
Port Royal, &c.
prime Western steam selline; to-day at 12 18-16c. for spot and Savannah
13.546
26,144
13,311
19,133
19,335
t8,lS«
February dtliveries, 12 1.') ICc. for March, and 13 l-16c. for April, GalveslGJi
9,748
18.920
13.285
11,3T9
10,339
10,78T
197
454
815 ^
but at the close there were no sellers at these prices. Pork, Indlanola, Sic...
5,788
S.r.'iO
13,563
8,19«
7.1M
i6,ors
bacon and cut meats are not quotably lower, but selling slowly. Tennessee, &c.
414
Florida
902
546
579
bie
482
Beef and beef bams have ruled firm, but with less activity or
North Carolina..
S.976
2,959
2.436
1,132
Wi
buoyancy. Tallow has continued to droop, and at the close is Norfolk
9,668
14,029
15.986
23,082
8,184
}.v 09
Butter and chee.se have City Point, &c..
638
S,279
7.15
not salable at over 9i39ic. for prime.
561
961
ruled very firm. The following is a comparative statement of
Total this week
135,493: 118,687
112,071j 101,8'J9| 159,419'
146.'87
hog products from the undermentioned
foreign exports of
places, from October 30 to January 15
703,f 0^
Total since Sept.
g,78a,74K!a,41
2,375,585!2.1:i8.80e
stances that
sbouM
2,411,920 bales for the
I
.
:
From—
NcwYork
bbls.
Bacon
Lard
Pork.
4il,81»
lbs.
58,:l:W,385
BostOD
7,.^70
1.660.8S0
Portland
Montrial
Philadelphia
Baltimore
New Orleans
1.848
SiH
The exports
Iba.
I,4li7
a,ll77,4SO
3,148
142
2,B39.7B8
50,824
37,734,8l)»
4r.,T25,lU4
64,b70,ieO
17.687,080
3,731,545
740.300
10 804,719
l,64^4.55
62.000
280,%3
47,121)
Increase
France, and 11,955 to rest of the Continent, while the stocks as
made up
this
evening are
now
Below are the
8.^8,180 bales.
stocks and exports for the week, and also for the corresponding
of last season:
89,314,279
78,7«)5,197
9,504
Ex ported
Jan.
8',990,4iS
Rio coflee has been more active, at higher prices fair prime
cargoes ISiSlSic, gold
but the clo.so is rather quiet, tlie stock at
this market being still 183,800 bags, and the visible supply for
the United States no less tuan 470,700 bags.
Mild cofTees have
to
this
Same
week
week.
1815.
Total
Week ending
12,549,032
Decrease
I.0I8.CS4
1
week ending this evening reach a total o'
which 06,125 were to Great Britain, 9,934 to
for tiie
88,004 bales; of
week
TotnlOct. aOloJan. 15
Correeponding lime lS74-^
1.920
1...
& hams
Qreat
21
France
Britain.
Continent.
Stock.
1876.
1875.
;
;
also been fairly active at old
prices, but stocks remain large
mats Java, and 10,300 mats and 4G,700 bags of other
growths. Rice has been dull, and Rangoon is lower, at 2i@2Jc.,
gold, in bond, with a stock of 9,000 mats. Teas have been quiet,
but prices are about steady. Foreign fruits are without feature
of moment. Molasses has been quiet for foreign and irregular for
domestic, the low grades of which have declined. Raw sugars have
ruled dull and nearly nominal, at 8}c. for good refining refined
lower and more active, at lOjc. lor standard crushed. The movement in raws has been
;
lOO.riOO
;
New
Orleans
MoM'.e
CharlB?tou
23 494
5,134
5,.)0I
1,.S87
8.31.1
3.40.4
Hhds.
Stock Jan.
81.
Boxes.
Bags.
2,533
1875
2,ti54
OH
15,405
26,817
35,.-i93
Melado.
325
19,210
27,076
75,040
30,277
la.tis
1,513
433
Kentucky tobacco has l)een in moderate demand and unchanged
lor lugs, and 10@18c. for leaf
the sales for the week
embraced 550 hbds., of which 400 were lor export and 150 for
consumption. Seed leaf has been more active and about steady
•at 7((()9c.
;
:
the sales embrace Crop of 1872, 167 cases Connecticut, at 12@
15c. crop of 1&73, 143 cases do,, at 13920c., 57 cases Penneylvaiiia at 12Jc.
crop of 1873 and 1874. 273 cases Wisconsin crop
of 1874, 1,088 cases Connecticut at 8@30c., 53 cases Ohio at 7o..
and 87 cases New York at 7@8ic. also 300 cases sundries at 8([i>.
37ic. Spanish tobacco aleo has been in brisk demand, with sales
:
;
;
;
;
2,0'.;0
balfs
Havana
at
80c.@|l
05.
Hides liave been in fair demand and quotations are steady dry
Montevideo sold at 21c. and dry Rio Qranae at 19c., both gold,
liinseed oil has been in fair request, at 62@63c. Menhaden firm,
24,035 324,400 301,301'
6.687
7,3M
79,3'i6
G8.667
325
12,011
6,.5-7
60,410
73,004
101,898
Savannah
7,463
4.033
11,4 6
ilfili
89,012
Galveston*
s.srj
1,524
7.S68
31,441
81,340
72,i7*
New York
11,113
1,419
12,532
3,.397
149,613
165,558
Other ports t
430
5,051
.3,115
74,000
78.000
11,955
88 001
7! 8)3
863.180
E60,6e5
Total since Sept.l 1,013,692 246.587 320,447
1,56.5,726
I,»i3.e30
....
4,600
Total this week..
n Bhipboard
6ii,125
9,924
Galveston to-night, not cleared: For Liverpool, 18,269 bales
for coastwise port-*, 2,249 bale».
.„,'^."','^ exports tills week under ihe head i.f -other p,;rt»" luclude from Baltimore
363 bales to Liverpool
from Hoston 59(1 bales to Liverpool from Philadelphia 2.132
bales to Liverpool and 430 bales lo Antwerp from Norfolk 1,515 bales to Liverpool.
at
for other foreign, 11,4 2 bales
;
;
;
;
:
Receipts past week
Sales pa-^t week
Stock Jan. 20, 1876
3-',832
4.204
New
Lt^~ Our telegram from
besides the above exports the
Orleans tonight shows that
of cotton oa shipboard, and
amount
engaged for shipment
at that port, is as follows
For Liverpool,
60,000 bales; for Havre, 32,000 bales; for Continent, 47,000 bales; for
coastwise ports, 0,000 bales; total, 145,000 bales; which, if deduclod
from
the
stock,
quantity at the
:
would
landing
leave 179,500
and
in
bales representing the
presses unsold or
awaiting
orders.]
From the foregoing statement, it will bo seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 10,111 bales, while the stocks to-night
are 2,515 bales leu than they were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Jan. 1 1, the latest mill dates:
;
;
at 47((/;50c. Whiskey closed dull, at $1 lOJ. Clover seed is active
and higlier at 13i@14|c. for Western and State.
In ocean freiglits only a moderate business has been done, yet
sutlicient to reduce tlie oflTeriugs of room, and at the close giving
Lite engagements and charters include :
a stfady tone to rates.
Grain to Ijiverpool, by ateaiu, 8d. per 00 lbs.; cotion, Jd. for compressed, and provisions, 328. 6d.@;ios. per ton.
Grain to London
by sail, 8d. per 00 lbs ; do. to Hull, by steam, 9d.; do. to Glasgow.
by steam, 8|d. Grain io the Bristol channel, Os. 2d.; refined
petroleum to Antwerp, 48. 9d.; crude do. from Baltimore to Marseilles, 43. 10^1.
To-day there was a moderate movement at late
rates.
Grain to London, by sail, 8d.; flour, 2s. 4.id.; grain to Glasgow, by 8-,eara, 8id.; do. to Cork, f >r orders, 6s. 9d.; crude petroleum to Havre or Antwerp, 4s. 9^.
In petroleum there has been a further advance, mucli firmness
,
and little lusiness; the Creek advices are rapidly advancing.
Crude, in bulk, 8i@8ic.
refined, in bbls., 14ic.
Naval stores
have been generally quiet, but no decided changes have taken
place spirits turoentiue, 37@37i<;., and common to good strained
losin, $1 02^(31 70.
Ingot copper closes firm, at 23ic. for Lake,
with previous sales of 250,000 lbs. at 23J@23ic
;
;
RKCEIPTB
8INCK 8BPT.
PORTS.
1875.
EXPORTED SINCE SEPT.
I.
1874.
Qreat
Britain
1
France
lOther
,
forei'n
1
TO—
Coast-
wise
Total.
Stock.
Ports.
N. Orleans.
Mobile ....
786,0^8
636,075
84,898
807,£88
241,838
»27,0:J7
66,814
4,637l
17,753
89,234
80,12,
78,434
Charlest'n •
319,991
324,101
?2,662
36.760
45.743
165.170
81.964
61,768
Savannah
Qaheston*.
408,5.ifl
4:».936
103.844;
26,015
92,731] 227,610
97,681
90.325
340,68i
211.105
104,278
3.227
10,679
1I8.0«
148,59t
81,786
New York..
9Li,059
66,112
196,295
1,760
37,2I>5
235,320
....
148,580
Florida
N. Carolina
8,486
9,322
70,f,81
62,941
14,417
.,..
«,301
Norfolk'..
Other ports
•
Under
tut
GatBUHtOJl
is
S.43(;
344,118
270.814
56,070;
4f;,152
36,816
43,480
1,817
8,920
16,743
69,83!
6,010
57,887
S58,6S
29,178
819.822
882,014
2,310.222
31,000
62,400
952,567 316,663 808,492 1477.724
Tot. this yr. 2,640,675
Tot. last vr.
279,617 142,427; 93,1951 315,269!
f9i.747 134,432!l.5S,758' liaV9.Wi 7.57.15
881.&78
ier ttie iteau of
Head of C/i'irteito I IS liiclu ,led for t ICoyal
ucluded udUuo.a &C.\ uucler the lead of NorfoO. \» Includ ed CU7
Point &c.
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction
made
at the porta.
:
:
.
.
THE CIHRONICLE
90
The market has been
The Visible Supply of Cotton,
qniet for cotton on the spot, and the only
be noted in the past week
fe<<ture to
ia
telegraph,
the revision of quotations
is
made op by
as
The continental
as follows.
pable
and
stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
Of the regular
which was made on Monday last, aa follows
grades, strict ordiuiiry and (jood ordiuary were reduced U ICc,
strict good ordinary was reduced ^c, low middling was reduced l-16c. other grades unchanged and of stained, good
ordinary was reduced Jc, strict good ordinary and low middling reduced ^c, while middling was unchanged. There has
been some business done in transit cottons, but the leading
There have been flucdemand has been for consumption.
tuations at Liverpool, and in gold and exchange, but without
much effect. To day, the market was more steady, with a fair
business, mainly in low grades, lor export.
For future delivery the fluctuations have been slight, but have
exhibited some irregularity, the later months tending downward
and the early months steady, with January a fraction higher.
The advance which took place on Tuesday was due to a demand
from out-of-town operators to cover their contracts; but there was
a re action on Wednesday, which continued until the close of
Thursday's business, when a steadier feeling was noted. There
seems to be an expectation among many operators that receipts
:
;
[January 22, 187C,
Continent arc this week's returns, and consequently
brought down to Thurwday evening; hence, to mako the totals the
complete figures for to night (Jan. 21), we add the item of export.s
from the United States, including in it the exports of Friday
for the
;
only
:
1875.
756,000
1874.
1873.
68-3,000
613,000
445,000
62,000
120,750
198,000
214,000
745,000
876,750
811,000
659,000
820,000
lil.OOO
84,000
210,000
1876.
Stockat Liverpool
Stock at Loudon
Total Great Britain stock
....
SlockatHavre
Stock nt Maraelllea
Stock at Barcelona
Stock at HamburK
3,760
9.500
9,000
13,000
5.5,U00
r,0.500
23,000
39,000
17,000
11,750
17,000
89,000
Stockat Bremen.
,32.000
4!, 250
23,230
38.000
Stocli at
Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental port?..
at the jiorts during a portion, at least, of February will not be
greater, and possibly show a falling off, as compared with
the corresponding period last year. The receipts at the ports for
the three weeks ending February 12, 1875, were 330,000 bales,
against 373,000 for the three weeks preceding, and no greater
falling off in the receipts than has taken place this week will be
necessary to bring the results of the next three weeks below those
of last year.
Sucli strength as the market has from time to time
developed has been due to the point above set forth. Today
there was an active demand to cover contracts, and prices recovered fully ic, but the close was dull and a little weak.
The total sales for forward delivery for the week are 125,700
bales, including
free on bjard.
For immediate delivery the
total sales foot up this week 7,(576 bales, including 3,357 for export, 3,098 for consumption, 321 for speculation, and 1,000 in
transit. Of the above,
bales were to arrive. The following
are the closing quotations
much
Total continental ports
Total European stocks
India cotton afloat for Europe
American cotton afloat
Egypt, Brazil, &c.,afloatforE'rope
Stock in United States ports
Stock in TT. S. interior ports
United States exports to day
61,000
65,600
10,750
1.5,500
2I..509
ifi,ono
13,C00
5,600
11,500
33,000
67,000
7,750
16,000
22,000
,38,000
393.260
322,000
276,7.50
482,000
13,250
1,198,750
1,087.7.50
1,141,000
134,000
160,000
11S.0O0
118,00
1 ,1
Europe
for
89,000
618,000
417,000
689,0OJ
441,000
60,000
53.000
87,000
lOJ.OiM
868,180
860,095
783,157
.541,833
129,009
147,311
143,973
91,623
i;,0a0
1.3,000
26,000
Id.COO
Total vlBlble supply. ..bale8.2,954,439
2,339,836
8,454,381
2,a39,786
Of ttie above, the totals or American and other descriptious are as follows
;
AmericanLiverpool stuck
Continental stocks
312,000
205,000
376,0110
96,000
188,000
124,000
84.000
184,000
818.000
417,000
589,000
441,00<l
858,180
860,695
788,157
644,853
129,01)9
147,341
143,979
91,523
12,000
1.3,000
86,500
15,000
ba!e8.2,147,189
1,937,036
1,8:16,136
1,.J12,381
341,000
381,000
408,000
349,000
62,000
120,750
195,000
210,850
198,000
192,750
214,000
358,00"
1.34.000
150,000
118,000
118,000
60,000
53,000
87,000
103,000
807,250
902.750
1,003,750
1,142.000
2,147,189
1,937,036
1,836,136
1,318,381
Totalvisible supply. ...bales. 2,954,430
Price Middling Uplands. Liverp'l.
tr„i.
2,839,786
2.839.8S6
a,454,&81
American
.
Europe
afloat to
:
Ui.ited States stock
Kew Classiacatlon.
Ordinary
Strict Ordiuary
Good Ordiuary
Strict Good Ordinary
per
Low
Strict
9«a....
9s<a....
•i'A
lOX®....
11
®....
10%
IIK
Middling
Middling
Bood Mlddllne
Strict Good Middling
Middling Fair
Fair
9...
nu®:..
nxa....
UX
12J«®....
lax
a.
lajra....
...
13
®...
wx®
®...
w^»....
13 3-18®...
WKa...
'.3%m....
13X
13
isxa....
u
»....
UK®....
WX
una....
14>4
15>i®....
isx®....
15K
®...
®...
®...
a...
lOji
,
Egypt, Brazil, &c., afloat
(Middling
price of
:
SALKS
Oon- Spec- Transump.
»lt.
New
Batarday
Bioaday.
850
...
..
1,'80
FBIOttW.
Total.
l,lt'5
\H
114
4.'i6
•a{
381
10
80.-
72
489
210
1,451
3,257
S,0»8
3il
WedneBdaj....
rtinrsday
Friday
Total.
Good
Low MidOrd'ry Ord'ry. MIdl'g. dling.
3.050
635
1,135
393
1.000
6^5
......
Tuesday
ill
U
9V
9X
9>4
9X
9X
9«
3-16
12 5-15
13
11
11
12«
13
12k
11
11
•.2K
13
13
v/i
13
11
12Vi
18
~677
l.OiO
Total East India, &c.
Total American
IIX
12M
.
Below we give the sales ol spot and transit cotton and
Uplands at this market each day of the past week
Classillcation. axp't.
Continental stocks
India afloat for Europe
®...
®...
I
.
1
9%d
These figures indicate an increase in the cotton in sight to-night
of 114,053 bales as compared with the same date of 1875, an
increase of 114,553 bales as compared with the corresponding
date of 1874, and an increase of 500,058 bales as compared
with 1873.
—
For January.
'"'-p.
U
1316
400 8.n.l!ih
40OB. B...
6lU
MS
27-32
J
)
13 1-32
13 1-16
2008.n
100
3,000 total
ifor
13X
Jan.
7,-l00
13
13X
i3 l-;6
13 3-32
...ISX
aoo
4,600
3,:00
5,600...;
1,200
2,200
13 9-32
13 5-16
13 11-32
'.SX
18 13-32
13 7-16
30,000 total
300
13 11-16
13 23-32
13!i
13 23-32
13
2.900.
1,100..
H-16
15,700 total .Inne.
COO
700
300
13 15-82
13S
13 17-32
U3-32
ll>{
14 5-32
S-16
900
U
100
100
3,000 total
For April.
H
14 1-32
14 1-16
200
100
May.
March.
5.800
8,500
6,000
cts.
14
.11 1-16
14
13 27-32
July,
for Augusi.
14K
400
For Jane.
...13 1-32
2,100.
For May
13 7-32
17,a0 total
1^31-32
bales.
for July.
For March.
500
9,300
6,600
8.100
2,300
1.600
February.
5,600....
5,800
:,700
30,000 total April.
1,100
lOO
1.500
cts.
13 9-16
13 19-32
135^
13 2132
7,500
JOO
100
V! 29-32
12 16-16
13
300.
bales.
Feb.
,.iv
("'*
s.n
sou
100
ctfl.
:3 3-16
13 7-32
23.100 total
)
iOOs.ll,....
5110
Oalea.
too
40O
SOO
4,000
3,500
2,500
1,T00
H
1,100
<3K
13 29-32
13 15-16
13 81-32
5-32
14 3-16
700
500
2,700 total
14M
Aug.
The foliowing exchanges have been made during the week
is set
out in detail in the following
Week
ending Jan.
Week
21, 1876.
ending Jan.
22, 1876.
|
Receipts. Shipments. Stock.
Augusta,
Ga
Columbus, Ga
Macon, Ga
Montgomery, Ala
.
Tenn
Nashville, Tenn
Mempliis,
Shreveport, La
Vicksb'g, Miss
Columbus, Miss
Eufaula, Ala
Atlanta, Ga
Charlotte, N.C ....
St. Louis, Mo
Cinohinati,
Total,
new
4,777
1,657
1,294
1,146
2.038
ports
4,672
1,285
Receipts. Shipments. Stock.
2,388
1,128
1,804
17,118
888
7,605
5,145
941
1.697
1,200
2.847
9,641
8,468
28,083
28,430
129,009
83,132
21,418
147,.341
3,042
7,030
833
4.359
8,091
4.120
3 739
1898
1902
710
6'iO
(170
8-2«
J,M5
1,672
28,895
10,138
1,860
1.737
2.632
3,556
7.859
1.699
2:048
2,357
3,853
2,276
3,836
31.656
14.747
14,78-f
Total, old ports
Total, aU
etch. 800 Fob. lor April.
pd. to exch.200Feb. for March.
—
statement:
:
100
8@S)id.
7Jid.
At the Intkuior Ports the movement that is the receipts
and shipments for the week and stock to-night, and for the
corresponding week of 1875
free on board),
For forward delivery the sales (including
have reached during the week 125,700 bales (all middling or on
the basid of midiUiog), and the following is a statement of the
sales and prices
bale*.
die—
London stock
9V Low Middling.
Good Ordinary
Good Ordinary
Strict
Total American
East Indian, Brazil,
Liverpool stock
(A...
U'4»....
...
United States interior stocks
United States expot ts co-day
Tezaa
Orleani.
1(1K»....
11
@....
ft.
Low vVllddUnB'
New
Alabama.
Uplands.
'
l,6.-i5
19,893
11.278
8.364
10,612
S,762
62 605
6,231
2,6i3
1,^63
1,960
7.242
1,613
23,785
13,636
12.187
6.5S5
7,810
65,540
17,819
850
985
961
6,461
3,077
8,644
4,561
1,618
1,042
11,3V0
9,739
915
3,417
1,082
7.599
9,425
608
.36,579
3.3,081
60,895
17,086
14,250
63.667
61,51!
189.901
40,158
35 662
8.54
65,788
-
213,123
13-320. pd. to
Xc
Th» ''Viowing
The above
show
spot quotations and the closing prices
bid for futures at the several dates nam^d
will
UIDDLINO UPLANDS— AMERICAN OLABSIFIOATIOIT.
Sat.
Mon.
Fri.
Tues.
Wed.
Thura.
On
13
13
12K
12 13-16
13 1-16
April
18 3-32
13 11-32
IS fl-ie
May
18 25-Si
June
13 31-32
Augnat
14
14 5-32
14)4
Bales spot
Sales future...
625
23,100
8,C3»
21,400
Gold
112X
4,88
spot
January
February
March
July
BXOlUUl£«..
..
13 5-16
13 17-32
W*
'AH
14I4'
13
12;<
la
13%
18X
13 2S-"2
13 29-82
14 1-16
14 5-32
Fri.
13
13
13
13
12 Sl-32
12 15-16
12 31-33
13 i-lS
13 5-16
13 17-32
13 1-82
13 S-32
IS 3-32
18 9-32
13
13
13
13
13
I3X
I3S
1--V
18 2S-S2
13 15-16
13 29-32
14 1-16
13 23-32
13 2:(- 2
11.3-32
14 5-32
n
5-32
U
1-H
14 3-16
1.3S5
39:'
801
23,700
20,3tO
112K
f55
23,900
113
112^
112X
17,600
113
i,38
4.83
4.83
4.li3
4.63
3-32
3 16
13-32
-21-32
2;-«
14 1-16
11 :-32
14 5-16
1,151
16.800
113
4.83
show that the old interior stocks have
week 3,014 bales, and are to-night 18,833
bales less than at the same period last year.
The receipts have
been 4,i,'5G bales mm'e than the same week last year.
Bombay Shipments. According to our cable despatch received
totals
increased during the
—
have been
bales shipped from Bombay to
Great Britain the past week, and
bales to the Continent
while the receipts at Bombay during the same lime have been
bales.
The movement since the Ist of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought dowu to Thursday, Jan. SO
to-day, there
;
:
—
TETE CHTIONKXE.
January 22, IHiG.]
V0fl0"li
jbm":::
mill
"S
9;ooo
Britain,
Total.
No
tiiTit
,2??
Great
Con-
araat
'rrRoee'P";—
r-SWpmenU.lnce Jan.l-
-Bhipmenntbtiweelc-,
Britain, tlnont.
Continent.
_
biuoe
Itiw
.
week.
Total,
.Ian. I.
report received
28.000
sr.ooo
17,001
n.ooo
29,000
8,1100
58,000
35,000
i)fl,000
S3,ooo
80,000
ro.ooo
with last
forejtoing it would appear tliat, compare'l
bales this year in tlie week'n
an increase of
movement
Bhipments from Bombay to Europe, aud that the total
bales
of
since January 1 showa a decrease in shipments
compared witn the corresponding period of 1874.
From
tlie
year, there
iH
WKATnKR
Bt Telkgraph.— There has been
RKPOUT.S
con-
especially In
siderable rain throughout the South the past week,
along
the Misand
States,
Southwestern
other
aud
Texas
parts of
our Shreveport telegram speaks of the ruin insissippi Valley
terfering with iho movement of the crop. There is much cotton
;
yet to be sent to market in the Southwest.
Galveston. Texas.— The movement of cotton continues free,
and
an active demand for bagging and ties. We had
showei-j on two dayj, but the rainfall only reached eighly-five
hundredths of an inch. The therniometer ha- averaged CI, the
thi-re
is
still
and the lowest 47
Indianola, 2'«avi«.— There was rain here on three days, with a
The therrainfall of one inch and twenty four liuudreiths.
liighest bting 73
61, the
mometer has averaged
highest being 74 and the lowest 43.
— We are having too much rain.
TUere have
been five days which were showery or drisszliiig,
reaching one inch and eighty-eiglit hundredths.
being marketed freely from compulsion, though the
discouraged at the prices. The thermometer has
the rainfall
Corsieana, Texas.
:
«1
There waa n heavy rain one day, thn raiofal)
four hundr<>dlhs of an inch. The average thermometer was 44, highest 73 and l()AH.-<t 22.
We had rain on one day here tbli
Cli-arleslon, fiouth Carolina.
week, and ice formed one day. The thermometer has averaged
the
rainfall has readied twentyand
52, ranging from 38 to 70,
four hundredths of an incl>.
The following statement we have also received by telegraph
showing ll.e height of the rivers at the points named at 8 o'clock
give last year's figures (Jan. 22, 1875) for comJan. 20.
and pleasant.
reaching
fifty
—
We
parison.
— Jnu. 20, '16-,
mark
mark
mark
murk
mark
Orleans. .Below lilifh-water
Above Inw-waler
Mcmphia
Naahville.
,.\l)ove
,
low-wulir
r-Jao.
», ';6.-,
Feet.
|DCD.
9
Inch.
6
I'Vet.
New
5
11
91
U
6
:0
11
5
6
82
10
30
8
Atiove lowwalcr
10
17
37
1
Above low-water
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
Shreveport
VickHburK
mark
of April 15 and 16, 1874,
1871. or 16 feet above loiv-water
OnR Cotton Crop
which
mark
Esti.m.'ITRS.
is
6-lOlhH of a foot above
at that point.
— We
continue to reeeire
re-
we have pr.-may have over-
quests for a detailed estimate of the crop, such as
As some of our friends
looked our item in the cotton report, for the week ending Jan. 7,
(see CniiONiCLE, page 45, Jan. 8), wo repeat that it is not onr
intention to give any such estimate this year. We have no reason
pared in former years.
for omitting
except as stated in the item referred
it
to.
Our readers already have sufficient facts to enable them to form
The crop is
a pretty fair judgment upon the subject. If thsy will go back to
planters are
our acreage report (Chronicle, June 13, 1875, page 558), they
averaged 50,
will find (1) that our investigalioos at that time showed an enthe highest being 67 and the lowest 35.
larged planting; we put it down, then, at 3i percent, otaling that
New Orleans, Louisiana. There were two rainy days here the the " tendency Everywhere was toward an increased acreage,"
past week, the rainfall reaching one inch and sixty-nine hun- and that our figures were the minimum; (3) that the increase in
dredths. The thermometer has averaged 58.
" commercial " fertilizers was about 30 per cent, besides a
6hrevepm-t, Louisiana. It rained here Saturday, Sunday, Monmuch larger preparation and preservation of "homemade"
day and Tuesday mornings, the rainfall reaching a total of four manures (3) that since the War there had never been a more
The consequent bad roads perfect stand and promising crop than this one was last June.
and fifty-four hundredths inches.
prevent receipts. The thermometer has averaged 54, the extreme We would like our readers to look over that report, for we never
range being 30 and 67.
used more care and labor in obtaining the facts for any cotton
The rainfall this week was ninety paper we think it will help one to reach a fair conclusion now.
Mississippi.
V^icksbTjLrg
hundredths of an inch. The thermometer has averaged 58, the Further, we feel perfectly safe in repeating what we said two
highesi being 73 and the lowest 29.
weeks ago, that, on the first of September, a very large crop, not
Columbus, Mississippi. The weather has been cold all the less than four and a half million bales, was in the fields. This
week on two days it rained, the rainfall reaching one inch and much our investigations show. And although the picking season
thirty eight hundredths. The thermometer has averaged 53, the
cannot conceive it possible that less
—
—
;
—
,
;
—
;
highest being 70 and the lowest 37.
It rained here the past week from
Little Rock, Arkansas.
Friday to Tuesday almost incessantly, the rainfall footing up
seven inches and fourteen hundredths. Average thermometer
—
49, highest 63
and lowest
Nashville, Tennessee.
—
33.
It
rained heavily on three days the past
week, the rainfall aggregating four inches and eleven hundredths.
The thermometer has averaged 40, the highest being 54 and the
has not equaled 1875, yet we
than 4,200,000 bales should have been secured, and, not unlikely,
considerable more. We have not sought or obtained full returns
upon this latter point
our opinion, therefore, is based mainly
upon the facts we have set out above, and our observation of the
;
weather and work since September 1.
from our friends
ever, receiving letters
which point
Lint
lowest 26.
Tennessee. — There has
been rain here on five days,
Memphis,
the rainfall aggregating five Inches and thirty-two hundredths.
Average thermometer during the week 48; extreme range 54
to 40.
—
Mobile, Alabama. One day the past week was rainy and two
were cloudy, but the remaining four days were pleasant. The
thermometer has averaged 54, the highest being 71 and the lowTotal rainfall one inch and eighteen hundredths
Plantest 32.
ers are sending cotton to market freely.
Montgomery, Alabama. The early jiart of the past week wo
had rain on two days, the rainfall reaching two inches and thirtySince then it has been pleasant.
Average
one hundredths.
thermometer during the week 52, highest 73 aud lowest 27.
Selma, Alabama. We had one rainy day this week, the rainfall reaching one inch and fifty-four hundredths.
The thermometer has averaged 51.
Madison, Florida. Telegram not received.
Macon, Georgia. It has rained here on one day, the thermometer averaging 51, and ranging from 20 to 75.
There was rain on one day constantly this
Atlanta, Georgia.
week, the rainfall reaching one inch and sixty-two hundredths.
The thermometer lias averaged 46, the highest being 68 and the
—
—
—
—
—
lowest 20.
—
vs.
to the
same conclusion
Seed Cotton.
clever suggestions
—The
We
are constantly,
— several
this
week
— a large crop.
—
howall
of
following letter makes some
on a point that has puzzled many
New
:
York, January
12, 187ti.
To Uie Ediior of Commercial and Financial Clironic'e.
Dear Sir:
We desire 1o recall you t« tlie lai^t Agricaltnral Bareau Cotton Report,
and to that part of it, " The Atlantic State.-*, which have previously made low
eetimates of aggregate productinr., all return a gmaller proportion of lint to
"seed, in ccmparisun with the previous CfOi), and none of them t-ver thirty
" poaiide t© each hundred pounds of feed. 'The average decrease in all of tlie
*'
" State*
is 4
per cent."
The following has occurred
tions as a query
With
tlie
to us
upon
this point,
and we send onr deduc-
:
same labor as
last year,
and an equal number of picking days,
w.:
should have sent to market 2.U4 boles (up to 'o-day), or 90,000 bales less than
last year, on account of the 4 per cent, loss in lint cotton. Instead of this, we
find ourse.ves .*J30,000 bales ahead in receipt;* (or, with the deduction (hat the
Bureau would make, 420,1100 balesahead). To accomplish this, the same number of hands in I he field as in 1374-5 would have to work \}4 hours longer
every day, or pick 18>tf per cent, more in lbs., than litiherto, in the same time,
or else, we must have had a larger force harvesting— one man to every five, more
Or, is it that each pluiil, jirodncing more, saved the
than we had last year.
laborer's steps and time by lluding his ling full within a shorter radius ?
We state all this, assuming that the favorable days for »ut-donr work have
been equal to last year; but we know that from the inclemency of the weather
we have lost from tweniy to twenty-five picking days. It Is therefore necessary to believe one of four tilings
Isr. Tiiat the Southern help has become so lOicientthn their able to makeup
for lost time, enforced or otherwise. The indolence of the negro is proverbial ; but has their laziness been so great heretofore, that wilh ordinary exer
tion they can accomplish so much more in a given time ?
^d. That reinforcements have come and immigration set in, In the nick of
time, and in sufficient numbers to a<ld to field and gin.
bat 4 per cent, less for lint cotton is correct, and that one of th« two
3d.
I
foregoing suppositions must be a
fact,
planter was aware of his loss, and, to give us our enormoas
surplus (against his own interesl), liiis robbed his bales, preferring to see an
Increase in their number to the detriment of their bulk. On au average bale
Have we enfiTered this
of 450 lbs, this peculation would amount to 07 lbs.
short weight ?
.
,
We find »iww(Ain<? hard to reconcile sotiiew/un, and ask yoa for an explanaM. L. 8.
Yours truly,
tion.
4th. Thiit the
We had rain one day during the week, the
two inches and twelve hundredths. Average
'.hermometer 51, highest 70 and lowest 26.
tiavannah, Georgia. There was one rainy day here the past
There is, we fancy, one weak point ii. our corresponiient's deweek, but the rest of the week was pleasant. The rainfall was ductions which some will question that is, they are made on the
one inch and twenty-four hundredths. The thermometer averaged supposition that, what has been marketed up to a certain date of
the two years represents, or bears the same relation to, the total
54, the highest being 64 and the lowest 43.
Augusta, Georgia. The weather the past week liae beea cool picked. This it will be claimed may or may not be true.
Columbus, Georgia.
rainfall reaching
—
;
—
.
IHE CHRONICLE.
92
Qrbat Britain Cotton Movement for 1875.—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 previous j-ears will be
found in the Chronicle, January 23, 1875, page 89.
-18T5.-
Liverpnol.
Total
Av.
Lon-
PoundH.
Madras
6.440
30t;-280
210,780
390
300
167.927,900
881 801)
18.288.050
808.I97,5«)
(3,216,000
Bengal and Ran£oon
9,)i00
43 800
."13,600
.OOO
16,iJ8ll,00O
1874
1,958,210
497.62)
297.120
3,310
117.810
8-M,7«0
203,320
12,810
3.411,990
296,0*0
.3,708,080
393
1,458,598,471)
3,914,990
1,738,P80
Descriptions.
American
don, &c.
.1,S45,970
Brazil
l,8ii).280
300
»78.i).'i0
423,H30
2..'»:i
"iS-iO
10,850
89,^10
20.5
li),37U
790,i'60
iHO
Total
4M
7i',88(l
Ac
India,
Sural
weight.
160
602
370
419.400
STS.TiO
Egyptian
Turkey. &c
Total,
IS.aiU
4,230
818,228.990
«7,'!80,8I0
CONSUMPTION OF GREAT BRITAIN.
American
5!'5,740
1,790
75,770
1,705.280
416,850
840,800
2,150
78.530
661,510
.8.016,990
68,1.30
3,105,120
Brazil
1,695,070
4I«,6<«
1P,2
a40,6iX)
2
Egyptian
Turkey, &c
West
2,150
76.740
*c
India,
160
East India
Total..
4.39
748.617,623
160
602
370
205
380
66,696.(100
144,961.60:)
16
8,6.50
251.373.800
296.810
3.110
96,000
67:, 390
393
1,828,543,470
8,248,120
•'4I,«30
795,500
BXPOBT FROM GREAT BRITAIN.
American
0110
14«,f6()
439
If 5. 130
28870
28-270
8,950
8,».«.0
39,980
10,770
100
100
17,420
862,850
497, ISO
160
602
870
806
350
706,210
3.59
146
Brazil
Egyptian
Tuikey. Ac
Weft
India, &c...
.
&c
East India,
25,7(10
Gunnt
Bags, Bagging, &c.
463,150
243,060
i.roo
8.5,000
601,(00
2.53,.332,440
Turkey. &c
West
5,500 bales at 3 ]516@3ie., currency, and 3i@J 15-lOc., gold,
duty paid accordin;^ to location and quality. lu Bostoa sales are
reported of 1.50 bales on spot at 3Jc., cash, and near arriva'a at
New York
reported at 3|c., cash, currency.
Liverpool, Jan. 31.— 4;30 P. M.— Br Cable from Liverpool. The market lias ruled steady to-day.
Sales of the day
were 13.000 bales, of which 2,0C0 bales were for export and
speculation.
Of to-day's sales 8,000 bales were American.
The weekly movement is given as follows
—
:
Dec. 31.
week
Sales of the
&c
Snrat
54,9i0
226,a30
366
82,726,930
314.710
76,970
56,300
67.3,070
48i
272,881,8)0
786,370
1
Madras
V 171,070
Bengal and Rangoon
)
Total
...
Br SPINNERS AT THE CLOSE OF EACH TEAK.
American
Brazil
Egyptian
Turkey, &c
India,
[
Total stock
of which American
Total import of the week
of which American
Actual export
Amountatloat
of which American
&c
)
Madras
V
Rangoon
do
..&^
Orl'ns.
show
Jan. 7.
Jan. 11.
.38,000
Jan. 21.
51,000
16,000
6,000
8,000
636,000
801,000
48,000
25,000
4,oon
441,000
361.000
20,000
3,000
.3,000
650.000
817,000
91.000
66,000
5,000
380.000
299,000
62,000
17,000
5.030
4.000
681,000
342,000
121.000
91,000
6,000
419!00a
331,000
the daily closing prices of cotton for the week-
Mon.
Tnea.
..&6 11-16 ..(a6>i
.,©7
..@>7
Wednes.
@o«
.
Thurs.
Prl.
.M6H
..mif'y,
..©7
..@8 iO-16 ..(^6 15-16
Futures.
Satubdat.— Dtc.-Jan. shipmeat from
Sav. or Chas.,
Low
Mid. clause, by
sail
required,
6Xd.
dclivey f om Sav. or Chas., Low Mid. clause, 6 916d.
March-April delivery from Sav. or Chas,, Low Mid. clause, 6>id.
^prll-VIay delivery from Snv. or Chas., Low Mid. clause, 6 ll-16d.
MoNDAT.— Dec shipmeat fr«m Sav. or Chas., Low Mid. clause, by tall,
if
.Tan.
85,0(10
30,000
2.5,fOa
April-May shipment from Sav. or Chas.,
1875.
1874.
1873.
1878.
65,000
:3,000
68,000
16,000
80.000
2;J,O0O
60,000
25,000
j-gflj
'"'"*"
17,CO0
85,000
1871.
12
OOO
J
3 000
4,003
6,000
10,000
3,0CO
20,000
80,000
80,000
85.000
2?,000
135,000
183,000
1.50,000
1.50,000
200,000
if
required, 6j„d.
March-April delivery from Sav. or Chas.. Low Mid. clause, e%(t.
April-May de;ivery from Sav. orCliae., Low Mid. clause. 6 llied.
Feb. delivery from Sav. or Chas.. Low Mid. clause. 6 9-16d.
Feb.-March shipment from Sav. or Chas., Low Mid. clause, by sail,
if
required, 6 ll-16d.
Low
Mid. clause, by
sail. If
required, C 1316rl.
Tuesday.— Feb.-March
delivery from Sav. «r Chas., Low Mid. clause, 6)id.
April-May delivery from Sav. or Ghas., Low Mid. clause, offered at 6}id.
Dec. shipment from Sav. or Chas., Low Mid. clause, by sail, if re-
)
Total
Satur.
Mid. Upl'ds. ..©6 11-16
)
Snrat
iBengal and
2.>.380
38,4
616,7.0
ESTI.UATED STOCK HELD
West
S7^,780
88,520
72,660
1,1 00
1,840
9,9.50
125.431,080
10,244,800
61 085,720
481,H00
2,314.450
4.39
b^les. 34,000
13,000
4,000
3,000
617.000
.286,000
108.000
85,000
4,000
351,000
278,000
Forwarded
of which exporters took
of which speculators took
Spot.
160
6 8
370
8 6
l,'40
India,
bagging during
for
at 13^c. for 440s, with a sale
reported of 300 bales to arrive at 12ic., cash. Butts continue
active and firm in price; sales during the week foot up about
683,580
2P5,720
64,030
84.860
1,140
11,290
255,72)
64.030
84,80)
Brazil
Kgj'ptian
market
reported, aud the market closes with holders quoting 13c., cash.
STOCK IN THE PORTS OF GREAT BRITAIN, 3l8T DECEMBER.
American
—The
the past week has continned quiet, and only small orders from
consumers have been filled. No lots on speculative account are
Tlie following table will
Total
[January 22, 1876.
Bags have ruled dull and nominal
IHFOKT INTO GREAT BniTAIN.
Wen
.
quired, 6>^a. bid.
Wednesday.— Dec. shipmeat from
Say. or Chas., Low Mid. clause, by sail,
required. 6 9-16d.
Jan. -Feb. shipment from Sav. or Chas., Low Mid. clause, by sail. If
required, 6^d.
May-June delivery from Sav. or Chas.. Low Mid, clause, 6 ll-16d.
Nov. shipment from New Orleans, Low Mid. clause, by sail, if required.
if
The weekly
the vear:
sales, prices, &e.,
have been as follows through
REPORTED
WEEKLY
SALES
AND
63id.
FORWARDED.
,
Total
the
Spec. Sales &
Trade. &expt. Forw'd.
To
1875.
Jan. 7.. 93,660
" 14., 85,240
" 21. 84,^120
" 23.. 60,230
Feb. 4,. 63.890
"
11,,
"
-.8..
"
2>.
Mar.
'
4,
11.
18.,
"
•'
jApril
"
"
"
8.
15.
82,
89.
:May
'
"
6,
13.
8).
"
87.
•"June 3,
••
"
•'
July
..
'
"
"
10.
17.
24.
1,
^
15.
88.
29.
-\U2. 5
" 18
'
"
'•
"
Oct.
••
"
'•
:Nov.
"
"
"
Dec
•
"
"
,
60,2.30
.
52.J20
60,810
62,300
36,660
50,490
61,640
49,130
.
.
,
,
,
.
,
51,:J00
.
59.390
.
.
,
.
,
.
,
.
19.
.
2i>
.
.«ept. 2,
"
"
97,590
51,580
.
9,
18,
23.
&0,
.
.
.
.
.
<!4,f60
'64 840
48,810
45.100
50,080
53.810
56.890
57,970
fW,330
62.700
51,580
42.340
46,170
48,960
7,
14
.
21
.
78,870
49,130
28
.
.5.5.810
.
.52,830
13.2,S0
73,510
77,050
89,760
68,060
111,980
86,090
6,735
H,99S
6,488
62,059
85,213
73,903
78,614
65,455
86,827
42.703
111,867
102,109
127,667
148,414
H8,^80
36,689
73,995
66,566
116,791
6S,616
70,366
41,464
58,773
86,361
56,533
62,319
91.874
79,910
53,077
45,250
44,189
18,998
46,721
83,454
66,770
68,4.30
78.730
73,480
76,1,30
133,150
70,9.50
tM.660
6:J,2oO
63,7110
60.320
43,3M0
66,680
69,130
66 810
76,560
71.010
71,380
3,794
6,546
7,919
8,038
9.913
9,998
10,496
13,867
15,080
71.8.50
13,."01
39 390
II 700
8.890
5:1,(160
75,910
.56.860
J
5^
8^
5'i
5 5-lR
6 6-16
6 5 16
5 .5-16
9O7,>-80
891,361
871.640
887,930
892,960
951.130
961,110
9S8,300
967,790
969,770
1001,880
1003,310
9911,860
1030,040
1047,080
1047,450
10.35,660
9.59,090
984 330
887.190
874,990
827,770
785,180
22 997
14,070
14,087
14.383
7,454
is.sas
13 753
62,219
40,780
27.583
84,090
43,438
70,819
58,688
35.420
48,878
718 251
869,430
611,430
581,820
587,870
45,7M
500,4.30
60,138
81.748
137.619
107,765
484,340
481,760
651.210
616,770
62,.380
77,0
.58,760
16.030
9.350
6,070
66,010
47,450
81 600
113,030
9,7(18
7.390
10343
7.299
10,018
6.404
7.408
8,491
4,498
9
9
9
9
9
9
9
8J4
r50,8.50
69.5,610
586.110
545,900
533,880
7 11-16
7 11-16
5J4
5'4
5U
5*
5K
7 15-16
"iV,
TV,
7 15-16
7 13-16
8
8
7 1.M6
7 16-16
rv.
iv.
"V.
5Vi
"!'/.
hVi
7 11-16
8X 5«
7!<
t'4
8ji
6>.
7 7-16
5 1-16
7'4
Bii
8X,
BY.
5 1-16
1013.250
1.3,618
89.830
107,760
60,830
64.700
63,670
69,280
77,330
6 1,880
6H
8.31,81(1
21.91:9
68,680
62,340
8«
416-16
4«
4%
8«
8^
4 15-10
4 15-16
8<
4Ji
8>i
4%
8X 4%
8>i;
8
4
7 1-16
6 15-16
7 1-16
«i
4 13-18
43i
4Si
4!i
4^
4Ji
4 11-16
4 11-16
4 11-16
7
7
.
the year has been 7>id, and of Fair Dhollerah 5d per
lb.
'
May-June del, very from Sav. or Chas.. Low Mid clause, 6>id.
Feb -March delivery from Sav. or Chas., Low Mid. claui-e. 6 7-16d.
March-.\pril delivery, from Sav. or Chas.,
Low
Mid. clause, 6!<d.
April-May delivery from Sav.. or Chas., Low. Mid. clause, 6 9-16 •.
Friday.— Feb.-March delivery from Sav. or Chas, Low Mid. clause, 6 7-16d.
May-June delivery from Sav. or Chas.. Low Mid. clause, 6Hd.
Dec.-Jaii. shipment
required, 6>^.
from Sav. or Chas.,
Feb. -.March shipment from
New
Low
if rtquired, 6^d.
Feb.-March shipment from Sav. or Chas.,
Mid. clause, by
Low
Orleans,
Low
Mid.
clause,
sail. If
by
Mid. clause, by
sail,
sail, if
required, Os^d.
March-April delivery from Sav. or Chas., Low Mid. clau.se, O^d. bid,
May-June dirlivery from Sav. or Chas., Low Mid. clause, 6>id. bid.
The Exports of Cotton from New York, this week, show a
decrease, as compared with last week, the total reaching 12,533
Below we give our usual
bales, against 13,369 bales last week.
table showing the exports of cotton from New York, aud their
direction, for each of the la.st four weeks; also tlie total exports
aud direction since Sept. 1, 1875; and in the last column the total
fo'- the ;ame period of the previous year.
BKportsotCotton(baleti) from
New Vork ulnceSept.I, ISIS
WEEK SMDIHS
Same
l-'O
Doc.
Jun.
Jan.
Jan.
3-16
29.
6.
12.
19.
7«
Total
to
period
prev'us
date.
year.
Uverpool
other British Ports
9,704
13,830
11,361
11,113
205,961
1,414
16i,716
6?i
Total to Ot. Britain
9,704
13,230
11,361
11,113
301,408
l(a,776
-'%
7 1-16
Havre
1,760
3,613
6 15-16
6 15-16
6 15-16
"%
6X
94
58
Other French ports.
total Freucb..
58
Bremen and Hanover
O'-i
Hamburg
6J<
6 16-10
7
6 15-16
6 15-10
Other ports
7K 411-16
40,880
7^ 4 11-16
The above tabic shows that the Aiy/«,i< point of the Market during the year
Tras on the 8th April, when Mid. Boweds were quoted at 8d, and Fair Dhollerah
5 5-16d per lb, and the Unoml point the 30th September, when thev were quoted
at OJid and 4 ll-16d per lb., respectiveiy. The average value of Mid. Bowods for
"
.
—
EXPORTED TO
13-16
45i
4 11-16
4 11-16
Feb.-Msrch shipment from Sav. or Chas., Low Mid. clause, by sail. If
required, 6%A.
March- .\pril delivery from Sav. or Chas., Low Mid. clause. 6 9-16d.
April-May delivery from Sav. or Cha^., Low Mid. clause. 6^d.
Thitrsday. Dec.-Jan. shipment from Sav. or Chas., Low Mid. clause, by tail,
if required. 6Xd.
Jaij,-Feb. shipmeut from Sav. or Chas., Low Mid. clause, by sail, if
required. 6 9-16d.
SJ4
B%
12,6.54
" "-
6,'i
5X
8% 6Vi
8% 5X
^% 5!i
B% 5 3-16
9
768,040
-
--
Mid.
Bwds.
5
8Ji
8?^
16.681
:8.889
10.918
21,11
18,812
»y,
8ji
7.13 6811
83,900
.
.
70«,7io
779.330
730,530
768,960
772,660
761,080
773,170
712,020
682,160
66,6.30
64,,590
83,040
.55.660
.5,318
61,870
69,130
1.3,510
.
7,967
7,824
6,769
6, ICO
6,665
10,782
8,631
9,163
7,900
6,427
6,531
11,597
9,970
9.741
8,510
21,070
13,420
81,630
20.480
17,200
14.990
13,880
17 670
13.930
13 310
14.310
16.170
13.430
19.440
I
25,
6,51)9
^,6(16
6,M7
70 13
55,900
66,970
5,798
56,i)S0
,«S.510
.
6.6!18
(i,9fi0
.
.
18
2
9
16
23
30
184,206
100009
10,840
13,320
10,360
9,730
18.990
4,
11.
Egyp. Dholl.
6,544
1
Fair
Fair
lA
4,15.1
29,830
3 ),520
15,970
18,710
16,260
15, 10
34,560
16,370
14,4*)
10,810
18, 950
8,020
6,730
6,190
7,5S0
60.4 '.10
I.
•'
s
10,8*0
11.3.^20
1.3,440
67,830
34,
^&
117.820
l'.',8i0
60,(110
Q.
24.160
25,610
89,300
13;i80
70,540
54.630
82,C90
62,570
52,460
£
1,950
l,f41
3,613
10,010
13,497
7627
375
60
1,705
850
38,334
24.367
1
Total to N. Europe,
.300
M
1,950
1,419
Spain, Oporto&Glbraltar&c
All others
Total Spain,
Grand
1,760
18,802
'956
ice..
Total....
10
10.098
13,380
13,369
12,632
347,862
193,756
:
January
PBnjlI>U.F'U
BALTI MOBB.
Thia Since Thli Since
week. Septl. week. Sept.!.
Thli Since
week. Septl
BOSTOn.
mtW TOBK.
UKn'nrBOKThli
week.
Since
Sept
I1
Orleans..
l..')86
Savannah
1.931
Mobile
746
Florida
9'th Carolina
N'th Carolina.
1.311
1.687
\rirglnla
4,113
North'ra PortP
TennaeMe, Ac
81704
Porelcrn
180
186
1,10«
13,890
74,139
46,163
6:,3I3
1,64.1
'319
"m
121663
8,894
93
u
(Br.), from New Orleans fer Bremen, before reported
IutIb£
put Into NIenwe Diep leaky, after touching on the Texel coast, was
discharging Jsn. 12 having six feet of water In her hold.
Habtstenb, schr.— Advices from the schr. Hartstene (581 tore, of New York).
McNair, from Charleston for Keval. which has been reported towed Into
Kisinore after being ashore, state that the report of her having been got
oil' was incorrect, and
that the vessel will be a total loss, as she hJad
broken up Dec. 27; cargo (cotton) mostly saved.
from New Orleana for Naples, at Key
I. 8. & L. C. Adahs, schr., Samson,
West short of water, put In Jan. 6 to procure a snppiv and repair watertanks, which had leaked out She sailed bth for destiaatlon.
Ruth H. Baker, schr.. Collins, from New Orleans for New York, with cottOB.
arrived at Key West Jan. 13, with pumps disabled, and In want of new
Rbobe, brig
ones.
B;9i7
66,934
84,878
141.234
6,446
104,763
1,372
410
8,896
639
14,a%
1,776
40,893
"75
8.529
'sJi
....
2.939
8,115
8,10s
38,428
48,:99
31,249
4
liesj
Thos. p. Ball,
Ryder, from Galveston Jan.
schr.,
21,517
Total last year.
14.0J9
Shipping News.
54i,7S8
7,924 150.289
167,447
.
.
Steam.
38,866
2,001
75.840
1,612
33,675
1,016
76,550
3,053
— The
States the past week,
So far
102,002 bales.
are the same exports
The Chronicle
9,156 13-3,916
last
include the manifests
night of this week.
exports of cotton from the United
as per latett mail returns, have reached
as the Southern ports are concerned, these
reported by telegraph, and published in
Friday.
With regard to New York, we
of all vessels cleared up to Wednesday
Total bales
Liverpool, per steamers The Queen, l,747....Adriatlc,
City of NewYoik, 1,336.... Java, 566. ...Idaho, 2,529....
11.113
per ship Glungarrv, 3,74!)
To Bremen, per steamer Hermann, SOO ...per bark Repnblik, 814... 1,014
..
.^75
To Hamhurp, per steamer Snevia. 375
New Orleans— To Liverpool, per steamers State of Louisiana, 2,759. ..
per
Griicia. 3,ncx)
Mississippi, 4,7tOand 112 bags seed cotton
ship stambonl. 4,2«i ...per barks Josephine. 1,581 ... Anni, 2.660. 19.069
5.llf;4
To Havre, uershlp Merora, 3,936. ...per bark N. S., 3,028
500
To Sanlatider. per hnrk Mercedes. 600 ..
432
To Vera Cruz, uer briu Ksperanza. 422
Senator
Mobile—To Liverpool, per ships Newman Hall, 4.f87
1,186
..
—
Welier. 4.450
9,.357
Liverpool, per ship Jean Ingelow. 2.858 Upland and
:i93Sf a Island... per bark Rio de la Plata, 1,944 Upland and 197
Sea Island
5,392
To Havre, per barks Valentina, 900 Upland ...Iillza McLaughlin,
3,990
2,180 Upland. . .per biig Alice. fllO Upland
To Rotterdam, per bark Lola. 1,540 Upland.
1,510
To Barcelona, per barks Marie Yzahel. 9!0 Upland
Oerion, 1,100
Upland
Jnlio, 790 Upland....
per brigs Maria, 450 Upland.
Mavftquezana. 440 Upland ...Jovin Mario, -185 XJpland
4,165
Savannah— To Liveroool. per ship Colchester, 4,642 Upland and 29 Sea
Island
per barks Lanra and Gertrude, 3,221 Upland and 83 Sea
Island .. Alfred, 1,972 Upland
Winona, 2.278 Upland
12,225
To Havre, per ship UepuWic, 2,789 Upland and 6T Sea Island
2,836
Charleston— To
.
.
—
To Bremen, per bark
Upland
ToJBarcolnna, per bark Maria, 803 Upland
Texas— To Liverpool, per steamer Nelson, 2,901
per barks Chill,
2,0i0
Marie Lfcolse, 2,000... per schooner Ralph M. Hayward,
1,575
Hif, 1,675
8o3
—
8,S03
'Ml
l,-352
To Fleetwood, per bark Susie, 903
To Falmouth, per bark Harriet F. Hnssev, 1,983
'lo Bremen, per bark Sunny Region, 1,986
NonroLK-To Liverpool, per ship Oregon, 4,950
Baltimore— To Liverpool, per steamers Hibernian, 399 and
1,983
1,986
4,950
41
bags
Lake Neplgnen, 896
l,aS6
To Bremen, per steamer Braunschweig, 375
To Rotterdam, per ship Dinsbury, 103
Boston— To Liverpool, per steamer Batavia, 921 and
Philadklpola- To Liverpool, per steamer Ohio, 860
375
100
6
Sea Island
ToUl.....
927
"60
102,062
The particulars of these shipments, arranged in our osnal form,
are as follows
Liverpool.
New York
New Orleans
Mobile
Charleston
Savannah
Texas
Norfiilk
Baltimore
Boston
Philadelphia
Total
11,11.3
19,0;i'J
9,357
6,393
12,225
8,80i
4,950
1,336
927
Fleet- Fal.
Bre-Rotter-Barce- Sanwood, m'th. Havre, men. dam. lona.tander. Total.
li,M1
1,044
500 25.955
5,%4
9,.>)57
81990
2.856
902
l,j
Orleans, 422
1,540
375
4.165
15,081
17.459
13,121
4,950
sas
1.575
1,986
100
1,811
927
860
850
73,532
902
1,933 13,810
Included In the above totals are from
New
bale.-i
to
4,980
1,640
4,968
600 102,062
New York 875 bales to Hamburg;
from
Vera Cruz.
Below we give all news received to date of disasters, &c.,to
Teasels carrying cotton from United States ports :
Mobile, Jan. 12—188 bales of cotton were lost from a lighter in the lower bay
during a squall to-day. 14th -Most of the cotton has been recovered.
New Om.E»N8, Jan. 16.— Pilot boat Oriental picked up at iea yesterday, 14
miles southeast from the bar, 10 hales of cotton nilot-boat Ella also
picked up 6 ba'cs, and pllot-hoat Haze 2 bales. Bark Gslatea. which
arrived to-day, reports a bark in samo direction, hove to and picking up
cotton. The cotton shows n signs of fire. Probably part of the cargo
of a lighter thrt capsized in MoMIe Btiy on the 1.3tb.
Darien. str. iBr.), which arrived at Liverpool after being ashore near Bardsey
Island, in Cardigan Bay, had discharged her cargo Dec. 39. about 300
bales of cotton, more or less injured by sea water. The vessel was
placed in dry dock and examined and surveyed. The damage to tiie
planking along the whple line of the flat of bottom was considerable,
and the cost ot repairs likely to be heavy. A Board of Trade inquiry
;
i
held at Liverpool, to investigate ihestranoing of the steamer, adjuugcd,
•ivldcnee given, the master gravely in fault, and suspended
Capt. Shaw's certificate for six months.
BUNBAH, sir. (Br.), from New Orleans for Liverpool, came out of dry dock at
Savannsh Jan. IC, with new shaft supplied, and commenced re-loading.
Salieb, ftr. (a«r ), Francke, from New York Jan. 6 via Southampton for Bremen, ran on the Brambles 17th and remained until
of the I8th.
when she floated at high water at 4 A.M.. and proceeued for destination.
JtJVENTA. ship (Br.i, France, from Mobile Dec. 18 with 3,610 bales cotton for
Liverpool, put Into Key West Jan. 15 leaking badly.
LiLLiESoi-LLAUD ship, from Charleston, collided In the Mersey Jan. 2, with
bark Northern Chief, for New York, and sustained slight damage to
upper works and rigging.
Mabcia Greenleat, ship. Hunker, from New Orleans for Liverpool, put into
Qiieenstown .Ian. 14 leaky.
WTOMiNo— The Veuus, fl^hing smack, of Cow es, arrived at Shoreham Dec. 30,
reports having been run Into while dredging, Beachy Head KNE, 2U
miles, by the ship Wyoming, of Philadelphia, frOm flew OrUans lor
Antwerp, when she had mainsail much torn and considernble damage to
"
upon the
AM.
knll.
if ©9-32
Monday....
Tuesday...
X®933
X(a9-81
J<(a»-32
.V(S»-32
)t(a9-32
K@''-32
3C®9-32
M@9-.3»
X<g9-3J
Thursday..
Friday.
...
Market
—
for Liverpool, pot Into
:
.
Steam.
Sail.
c.
)i@9-32
Wednesday
—
.
Steam.
Sail.
d.
Saturday...
c.
c.
..(8J<
comp.
comp.
comp.
comp.
comp.
comp.
1
-
-
1
(aji
1
1
H
%
1
f%
dnll.
1
Steam.
Sail.
c.
e.
11-16
11-16
11-16
11-16
Sail
c.
comp.
comp.
comp.
comp.
comp.
comp.
11-16 1
----11-16 1
1
]
1
BRE ADSTUFFS.
Feidat, p. M., January
The
Nkw YoKK—To
>
Key West Jan 10, with foremast sprung. A new foremast w»i despatched
from New York Jan. 15 for the T. P. Ball by rteamer Clyde.
Cotton freights the past week have 1>««d as tollows
Bremen.
./— HambBrg.—
Liverpool.
Havre.
d.
Total this year
>
.
THE CHKONICLE.
22, 1S76.]
The following are the receipts of cotton at New York, B OS ton,
Philadelphia and Baltimore for the last week, and since Sept. 1, 75:
New
.
.
21, 1878
market has, on the whole, been rather dull the past
week, and prices have slightly declined, especially for the low
and medium grades. Some of the better grades, such as good
bakers' brands, from spring wheat and choice Southern and St.
Louis family brands, have been supported by special influences.
anH have ruled with much firmness. Good lines of shipping extra State have been readily obtainable at f.5 25, and not in much
demand. Rye flour and corn meal bave also declined. Supplies
of flour and meal are moderate at all points, but there is an absence of demand. To-day the maiket was dull and prices droopflour
ing.
The wheat market has been
dull,
and prices have
a portion
lost
of the late advance; the decline from the highest point this
month
was yesterday about 2c. per bushel. The urgency of demand
for fine reds, for shipment to the Continent and to English outports, has subsided, while the failure of a Liverpool house
has embarrassed trade in that direction.
Holders have, conseand probably would
reduce stocks to a considerable extent if they could do so without
making too much reduction. The sales of yesterday embraced
shown more
quently,
disposition to realize,
No. 1 Canada Club, in bond, at $1 35 No. 2 Milwaukee at $1 24,
and No. 3 do at $1 11, afloat. To-day, the market favored buyers, with little done.
Indian corn was pressed on the market, and prices gradoally
gave way, until prime new mixed sold at C2J(g63c., and yellow at
63@64c., with prime old mixed at 70c., afloat, when the demand
became active for export and home use. and the first named
quality recovered yesterday to 63@63ic.. with some speculation,
and sales for February delivery at 63c.
Current prices are
regarded as safe, and it is thought that current supplies cannot
be kept up at higher prices. To-day, the market was weak, and
closed at 62i(g62fc. for prime new mixed.
Rye has been dull, with prices nominally as list quoted bids
have been somewhat reduced, however, and the close may be
called weak.
Barley has been pressed for sale, and lower prices
have been accepted. Many holders, however, [refuse to sell at
any decline, and the close is more steady.
Barley malt has also
favored buyers. Canada peas have sold to a limited extent, at
$1 02 in bond. Oats have favored buyers, and at some conregsion there has been a more liberal movement, closing yesterday
with some recovery at 45i@4.5Jc. for No. 3 mixed, and 47347-^0.
;
;
for
No. 2 do.
The following
are closing quotations
Flodb.
I
No. 2.
;.¥_bbl. i3 253
Superfine State & West
4 00
20a
00©
4 60
5 30
em
4
Extra State, Ac
Western Spring
extras
5
do XX and XXX
do winter wheat X and
XX
Oity shipping extras.. ..
Olty trade and family
90®
S
OOa
25®
5
brands
6
Soutbein bakers' and family nrands
7
Southern shipp'g extras.
5
Rye
Gbaih.
Wheat— No.3 sprlng,bDab.$1 06® 1 11
Wo. 2spriBg
1183 126
No.
flour, superfine..
...
181^186
spring
I
Red Western
1
Amber do
Wheat
4
5
:
5 35
50^6 75
8 50
6 00
25jJ 7 75
00^8 50
2.^(9 6 75
5 OOift 5 1'5
3 00® 3 40
3 65© 3 70
..
1
White
Corn-Western mixed ...
Yellow Western
Eouthfm new
1
40O
Rye...
Oats— Mixed
White
..
Barley— Canada West...
State, 2-rowed
4-rowed
State.
Barley
Malt— State
...
.
Corn meal— Western, 4c.
Canadian
1 »@i 1 80
Corn meal— Br'wlne. Ac.
Peas— Canada, bond A fr. 102^120
The movement in breadstuBs at this market has been ss fol-
lows
:
BBOEIPTS AT
.
.
1876.
For the
week.
Flonr, bbli.
8J.648
C. meal. "
4.345
Wheat, bne. 402.000
.
Oorn,
Rye.
"
"
Barley. "
Oats..."
.
.
.
249,177
656
93,661
96,844
NEW TOBK.
v
BIPOBTS TBOX KBW TORK.6
1876.
.
Since
Since
For the
Jan. 1. Jan. 1. '75. week.
269,073
11,395
842.028
867,073
9,774
i46.560
354,583
209,15-3
61,5:)S
13,621
249,774
2,926
318.353
427.611
1,323.4.58
1.078
66.819
436,239
16,105
_
Since
Jan. 1.
.
1815.
.
For the
Since
week.
.Tan. 1.
134,251
9,473
42.577
3,765
8.19,911
881,.H44
16.3,090
265,995
100,985
13,089
945.512
717,367
2,840
M
90
98,288
4.800
9,47B
,
.
—
THE CHBOmCLE.
94
:
.
.
:
January 22, 1876.
The following tables bUow the Qrain in siKht and the move- sparingly of the most staple woolen fabrics, and foreign dry
ment of Breadstuffe to the latest mail dates.
goods dragged heavily. In cotton goods the export movement
&BOBIFTB AT LAKE AND RIVBR PORTS FOR THE WKBK KNDI>G was fairly satisfacory, and during the week 732 packages were
JAK. 15. 1876, AND FROM AUGUST 1, 1S75, TO JAN. 15, 1876:
to different markets— Liverpool, Hayti and Venezuela
At-
Flour,
Wheat.
bbla.
(198 lbs.)
86,665
bash.
(60 lbs.)
S9,ri6S
815680
Barley,
bush.
Oats,
bn»h.
Corn,
bnsh.
shipped
taking the largest amounts.
Bye.
bnsh-
(48 lbs.) (56 lbs.)
lbs )
70,817
18,610
4.562
—
Brown cottons were in moderate
and deliveries on account of previous orders have almost
18-2,881
44.5.^2
Toledo
100
122
absorbed the production of leading makes of heavy standards and
i32
32,618
ll,8'.l
7,481
S7.078
Detroit
5,141
400
19,100
6.900
Clovelsnd
2,000
10,150
Bleached shirtings were distributed in liberal
fine browns.
s.iso
17,847
41.796
874,942
81,807
63,183
8t.LonU
3,580
18,100
38,380
131,400
1,750
U,580
amounts, most attention having been paid to such makes as New
Peoria
Dnlctli
York Mills, Utica Nonpareil, Wamsutta, Davol, Fruit of the
18,076
116,644
188,486
989,863
86,4«4
667,937
ToUl
Loom, Lonsdale, &c., which are selling much below their real
20,296
as.'i.oss
120,849
649,485
687.304
86,744
PreTioat week,
20,689
2S3,487
100,264
670.199
75.980
587,782
value, and -will prdbably be subjected to an advance before longOorreep'ng week,'15.
37,214
150,093
•74. 122,513 1,670,7:0
454.001
796.334
Corset jeans and satteens met with fair sales and ruled firm.
34,987
46B,'if,l
101,838
310,636
869,085
71,081
'T3.
41.391
"
110,772
309.692
77.857
330,678
,281,3.33
"i3,
Colored cottons of all descriptions were quiet out steady. Cotton8,399
21.3iO
•71
v88,587
94.906
583,193
...
62,484
.-,-.
Total Ane.l todate .8,8S1,S11 40.a91.fi01 21,88.5,608 14,929,957 4,907,059 l,337,-'39 ades were taken rather more freely by the clothing trade and
761,544
2.796,'-23 36.888,001 80.877,384 12.635,694 4.5-20.044
Same time 1874
Western job'oers, and the best makes were firmly held. Rolled
3,033,447 48.-202.0<)3 28,566,435 13,485,464 5,8.61,063 1,138,920
Same time 1873
6,541,784
1,110,781
2,650,888 31,199,137 89,773,70-^ 18,507,220
Bamctlme 1878
jacconets, cambrics and silesias moved in small lots but were not
SHIPMENTS OP Flour and Grain from the ports of Chicago active. Grain bags remained quiet and nominal. Carpet warps
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
animation and could have been sold in large quanDuluth for the week ended Jan. 15, and from Dec. 26 to Jan. 15, shewed more
Print cloths were quiet
tities at a con,;8Ssion from holding ratesinclusive, for four years
Barley,
Eye,.
Corn,
Oats,
Flonr,
Wheat,
—30
days
for extra 64x64 makes, and a few small lots
at
4io.
bnsh.
bush.
bush.
bush.
bble.
bush.
Weak—
45,755
16,686
550,0:0
114,547
179.614
98,443
were disposed of by weak holders at 4c., cash. Prints of new plaid
Jan. 16, 1876
23.i,661
64,404
11,517
611,465
136,909
96,876
Ja». 8,1876
styles and in medium colors were distributed in fair amounts to
80.505
188,543
139,250
48,869
140,863
63,178
Cor. week '75
9,071
805,188
105,587
268,091
123,170
752.615
Cor. week '74
the general trade, and Southern buyers made considerable pur7S,8f>8
3.880
216,192
137,841
227,953
70.484
Cor. week '73
16.668
116,149
10,774
28,536
509,079
56,687
chases of light prints shirtings and cambrics. The Southbridge
Cor. week '72
1.000
226,044
59.599
25,330
44,883
36,633
Cor. week '71
prints were opended at 7c., and Richmoadg at l^a. regular.
379,5'.9
39,445
28 1,091
665,099 1,679,478
161,890
Dec. 86 to Jan. 8, '76
44,196
6n,836
703,520
438,759
140,167
n9,US
8ametimel875
Ginghams were more active, and plain and fancy cotton hosiery
Cbtcaisu
Mllwankee
(56 lbs.)
344,129
16,000
19;).7?4
(.38
,33,665
7,294
20,620
.i.OlO
Domestic Cotton Goods.
request,
,
-
.
-
:
—
8«mn time 1874
Sametimel873
rbx;bipt8
342,769
197,899
3-24,508
Wheat,
Flour,
34,088
16,250
'75
1
todate.
Same time 1875
Sametimel874
Same time lb73
197,307
200.475
139,355
661.134
47S,8I3
679,018
376,591
H4,.354
16,282
2,500
750
8,'4'(i6
168',4o6
78,100
86,685
428,600
95,487
88',284
1,063,288
1,868,770
983,460
264,370
283,164
898.105
3,.333,897
8,9f0,374
38,300
20,300
216,876
887,933
36.5,140
811.871
874,183
2,707,710
689,833
.
Barley,
bush.
568,852
74.048
8,500
400
6,530
21,060
14,705
15,242
Oats,
bush.
148.836
11,140
10,000
10,-.'50
Total
Previous week
Total .Tan.
235,655
887,578
Corn,
bnsh.
bush.
bbls.
111,673
18,647
Boston
Portland*
Montreal
Philadelphia
Baltimore
New Orleans
week
684,319
495,169
of flour and grain at seaboard ports for the
WEEK ended JAN. 15, 1876.
AtNewYork
Cor.
664,413
603,613
2,571,633
1,^55,48:1
971,410
49,000
11,591
tiieir
8,190
69-3,914
8.690
11,590
1,950
83 198
793,447
917,688
936,689
83,.3-35
277,5.38
7,48&
88,838
4,625
comprising the stock in
granary at tho principal points of accumulation at lake and
seaboard ports, in transit by rail, and frozen in on the New York
canals and on the lakes, Jan. 15, 1876
Eye.
Com,
Oats,
Barley,
Wheat,
:
In store at New York
[n &torc at Albany
In store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Dniuth
In store at Toledo
In store at Detroit
In store at Oswego
In store at St. Louis
In store at Peoria
In store at Boston
In store at Toronto
In store at Montreal,
In store at Philadelphia
In store at Baltimore
Rail shipments week
On kkes and
Afloat at
.
bash.
bnsh.
bush.
5,756,735
4,400
1.461,000
8,836,930
3,589,443
50,493
464,832
166,850
350,000
495.439
9,781
1.367
355,955
276,379
455.000
38.647
668.438
13,000
43,184
808,245
33,087
,032,724
88,000
111,497
316,933
838,000
134,834
310,067
174,889
100,741
18,900
36,643
canals
l'9fiH
655.544
875,000
New York
417,5.39
76,097
3.30,000
286.698
89.419
40.000
85,898
86.583
247,098
8,046
16,051
225,000
46,500
88,093
160.000
110,702
3,876
73,087
97.898
6,641
60,000
373,101
550,050
120,000
114,847
1,280«000
45,755
110,000
800.000
225,688
7,575
90,000
249.381
46,504
87,142
900
28,716
147,609
11,997
1,197
5,000
22,961
80,S37
408
1,816
6,666
116,686
....
Total
17,316,409 8.569 195 3,091.167 8,807,109 438,189
Jan. 8, 1876
17,489.699 3 859,950 3.271,875 8,368,533 540,391
Jan. 16, 1875
11,719,675 4,969,116 2,557, 1-83 8.011,905 188.787
-^NoTK. In last week's statement there were 450,000 bushels wheal credited as
stock in Eacine, per advice of a Western correspondent. Mr. J. W. Langhan,
Secretary of the Milwaukee Chamber of Commerce, since advises that the
stock in Eacine is comprised in statement of stock in Milwaukee. It is con-
—
eqneutly omitted
this ,veek.
which were mainly
some hesitancy
in
restricted to small parcels of
The leading
and worsted coatings.
cloth jobbers
placea a fair amount of orders for new styles of fine and medium
grade fancy cassimeres, suitings, and worsted coatings to be de"
livered next month, but their purchases for immediate sales were
very high. Cloths moved slowly, and there was only a limited
demand for black doeskins. Black and mixed satinets ruled
» Kstdraated.
bnsh.
operations,
cas.simeres
The Visible Supplt of Grain,
bnsh.
— Although the clothing trade was
well represented in the market, buyers evinced
Eye,
bush.
88,616
88.706
45.791
268.012
108,937
met with liberal sales.
Domestic Woolen Goods.
but there was a well-sustained demand for printed styles
Kentucky jeans were in moderate request, and low grades were
quiet,
disposed of to a considerable aggregate amount. Flannels continued quiet, except plain white all-wool makes and dometts,
which were sold in fair lots. Carpets met with increased attention, and large orders for ingrains were received by the leading
agents at a reduction of 3i@5c. per yard from the closing rates ol
Worsted dress goods Wf re in fair demand by California and other distant buyers, but the Western and near-by trade
have not yet commenced operations in these fabrics.
last fall.
—
Foreign Dry Goods. Tbe market for imported fabrics continued very quiet, and no movement of importance is expected
until importers are in a position to open their new spring styles
of dress goods, silks, etc., which will probably be early next
month. Black alpacas and pure mohairs were rather lower, hul
black cashmeres and other plain all-wool textures maintained
their value. Dress linens were in good demand by suit manu
factnrers, and clothing linens were in moderate request, bu'
shirting and housekeeping makes remained inactive. Whiti
goods and Hamburg embroideries were more sought for h]
manufacturers but sales were light. Dress and millinery silki
continued quiet in first hands, and there was little doing ii
velvets or ribbons. Kid gloves were in steady demand, and th
best
makes
We
by importers.
few articles ot domestic manufacture
are firmly held
annex prices
a
of
Xlcklngs.
Amosk'g ACA
do
do
36
ii^
37X
Cordis No.
38
1..
do awning.
No.^.
dc
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
Baston
Hamilton reg..
do
D.
,
19
A.,
do
16
B.. ..
do
do
C. .. 14>f
E. ..
do
!2X
Fridat, p. M., Jan. 21, 1876.
19
do awning ..
do ACA 25
This'week there h<>s been a slight improvement in^the demand
do
Albany
for spring goods, by jobbers from distant parts of tbe country
35
60
..
Conestoga
21
FF...7-8
..
do
but as a rule business has continued quiet with the package
83
Hampden CC. 30
do prera A.4-4
80
do
BB.. ..
houses. The Texas and California trade was represented by an
ex... 4-4
do
do
TEA ..
ex. 7-8
i7>!r
do
increased number of buyers, whose operations were liberal in
Lewiston A.. 36
do Old mdl4-4
CCA7-8
do
A....
.32
do
14X
amount, and most of the resident buyers for the larger Western
do
A... .30
CT..4-4
do
15X
jobbers returned to the market, but bought very few goods, as
Methnen AA.- ..
\B)i
do Penna.4-4
AA
12
do
ASA. ..
do
their December purchases have not yet passed into the channels
4-4
10>4
Lancaster
X
do
7-8
do
City and local jobbers pursued the same apa- Cordis AAA. 38 18
of distribution.
Omega
ACB
SO
do
thetic course which has characterized their action for some time
THE DRY aOOD3 TRADE.
!
I
.
.
.
.
were restricted to such small lots of
Dirigo
ginghams, fine cassimeres, etc., as were actually required H.H
Irving
Iwreplenishing their stocks on hand. The clothing trade bought Granger
past, and their purchases
prints,
I
80
85
18
16
14
18
I
I
11
Omega B
do A
do ACA.. 80
do ... 36
do
do medal.. ..
Minnehaha... 7-8
....4-4
do
10
9-11
16
13Ji
Pearl Eive.'
18
81
84
19
17
18
SO
25
Pittsfleld
Palmer
Pemberton AA
do
B
do
E
UX
22
I
I
I
I
Hanover
Logan
Jackson
Honest Injun
10
18
I
I
18
1)
IS
t
ThorndikeA.. ..
do
C .. ..
Willow Br'k No 1
WhittentonXXX.
A. ..
do
.30
York
38
do
IC
Eock Island
I
.34
22
25
80
8
It
14
80
18>^
•"
19
20
23
Swift E'ver
Cotton BattB.
18
9
16
88
..
17i
Eusslan.
Standard
Wyoming
. . .
1(
IS
8!
i-
s;
.
——
——
S
January
5
.
.
THE CHEONICLE
1876.]
22,
Dry Goods.
lutportatlona or
dry jfoods at this port for the week ending
Jan. 30, 1876, and the corresponding weeki of 1875 and 1874
have been aa follows
The importations
ol
:
WHS
IKTZHKD rOB OONBUMrTIOH FOB THl
1874
,
BHDIMa JANXJARY
1878
,
I-IST,?*)
368
cotton. .1.09?
STj.eai
i,o;o
ifi
445
612
35(1.450
itil
116,257
148,516
SIS
1,672
131.334
12H,730
8,119 $1,335,813
4,032
$99^,661
ailk
flax
Hlscollaneooadrr gooda.
I'oUl
30, IS'H:
1870
Pk(i«, Value.
,
,
Value.
Pkcs.
573
Manafacturesof wool....
do
do
do
,
Valne.
PkKB.
$194,277
aoo.iea
311,128
,
689
$34il,093
i,ii7
a^o.osj
8S:,9U3
405
1,1
96
Bzport* or lieatfluK Artieiea from new V*rii.
The t'ollowing table, uoinpilej from Custom House returns
shows the exports of leadin(; articles from the port of New
York since Jan. 1, 187*i. to all the principal forelfrn countries,
and also the totals for the last week, and since Jan. 1. The
lattt two lines show ta^fii i>a^u««, includinfr the value of all other
articles besides those
- •-
<?!
m«ntion*>d in the table
lO
« <0 -^ r- *W 09 w $-
"S— •"-«—
i'*
.*S5
:g
'•-|-£|-S'-"'*'^r:
-M
-
-
s
r:s
«5
2|
n
82:1,838
ifl
669
168,491
4,056 $1,425,450
• ITBDRIWN raOM WABKHO08K AND TUKOWN INTO TBI XABKST DUKINU TBI
'^-^Sj^g-'S'S'S-"'!"'
SAUK period:
Manafacturesof wool....
B28
cotton..
5.30
do
sillt
198
do
1083
flax
do
Mlecellsnconedrygooda. 2,408
|262,7S7
172,116
218.764
H';,181
35.759
464
489
80
3r4
551
$230,073
l,Sfl,0T2
68.137
115,455
17,707
1(I5
$160283
lftS.197
nl..545
I,i05
l.»tl
198.,393
4,07J
4.056
$681,346
1.445,450
6,0<i9 $t,66.!,095
8,133
ToUl thrown upon m'k't. 7,806 $2,209,391
BHTEBED TOB WARSHODSINO DUBINS SAKS PBBIOD:
$2,108,796
ToUl
1,3.38.813
Manafactnreaof wool.... 690
do
cotton.. 893
eilk
141
do
.344
do
.
flax
Ulsceilanooaadry Rooda. 956
Total
Add ent'd
for
261),.5.'i7
4.'>6
154,8.')1
84
587
347
99,.3&1
44 839
|95!,S!9
1,383.813
1,742
4,082
Total entered at the port. 6,143 $2,291,642
Imports or
$670,444
992,651
288
$3»3,199
3,094
8.119
conanmpfn
1.917
4,083
$801,5^7
4,687
8,119
Addent'dforconsampfn
731
163
$lin.9»4
112,910
447
563
11.3,649
101
95,498
9,646
e-IO
47,928
$195,337
150,.'i85
671
104,543
141.483
35.877
$442,712
2,412
$«)0.885
992,651
4,U5G
1,42),450
5,8M $1,435,363
lieadliijs Articles.
The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
Jan. 1, 1876, and (or the same period in 1875
:
[The qnantity
is
givon in packages wlien not otberwiee specified.]
Since
Same
Jan.1,'76.
time 1875
3,66-i
230
1,146
23,122
3,058
27,856
Gblna, Olass and
Metals, &c.Outiery...
BarthenwaroC'hlna
Earthenware.
QlasB
Glassware
.
Olass plate
Buttons
333
Coal, tons. ...;...
Cocoa, baj^a..
ba^s
Cofl"ec,
Uottou, bales. ...
Drugs, AcBark, Peruviac.
Blea. powders...
Cochineal
Cream Tartar...
Qambier
182
2.128
464
297
boxes.
662
116,391
11
55,952
282
1,921
1,941
2,186
970
37S
Tea
10
1,833
Wines, &c
Madder
Oils, essential..
Oil, Olive
20
1,773
20il
Opium
Till,
Tin slabs, lbs
Rags
asj
16J
S4
81
Indigo
Lead, pigs
Spelter, Tba
Steel
1,1<10
4,966
S7
174
104
Oum, Arabic...
Hardwaie
Iron, RR. bars.
4'j7
Sugar, hhds, tcs. &
bbls
Sugar, bxs & bags
Tobacco
Waste
Champagne,
Wines
7t
bales,
Articles reported by
valtie—
Cigars
2S iCiirks.
1411
Soda, bicarb
aoda, sal
1,731
2,600
1,45s
Fancy goods.
2.630
Soda ash
4,2 i
1,5411
Fruits,
14(1
9SS
Lemons
484
2811
Oranges,
150
Nuts
Flax
Furs.
Qiiuny cloth
Hair
Hemp,
bales
Hides,
&c—
147
21,99.1
Bristles
Hides, dressed..
India rubber
Ivory
Jewelry. Ac.
.39
21
2,703
211
bka.
Wool,
Pish
Ac-
Raisins
Hides, undressed.
Rice
29 Spices, &c.
310
Cassia
96
4,468
Ginger
Pepper
3,238
7
Saltpetre
Jewelry
161
121
31
86
57,355
593
Watches
Linseed
Molasses
105,097
449
WoodsCork
Fustic...
Logwood
Mahogany
Receipts of Domestic Produce.
The
receipts of domestic produce since Jan. 1, 1870,
time in 1875. have been as follows :
Since
Same
Jan.l,"6. time 1875
Ashes
pkga.
Brradstuffs—
Flour
bbls.
Wheat
bush.
365
417
Corn
269,073
842.028
867,073
209,153
219,774
1,223,458
Oats
354,1583
436 a39
9.774
246,560
1,078
66,819
7,310
^,261
5,740
13.623
Rye
Barley and malt.
Grass seed. hags.
Beans
Peas
C. meal
Cotton
bbls.
buMb.
3.6.55
6,879
209.436
Hemp
bbls.
bales,
.bales.
73,23i
16
Hides...,
...No.
.30! ,991
Hops..
L<-athcr.
.bales,
sides,
283,0.33
Molasees
.hhda.
.
Molasites.
bbls.
11,-395
7-835
16,822
Naval Stores
Cr. turp. ..bbls
Spirits turpen. ..
Rosin
Tar
\
Pitch
Oilcake.
Oil, lard
,Ponut8.
...
Provisions
Butter
pkge
Cheese
Cntmeats
|8g,8
Pork
Beef
Lard
5-.>,06i
'
36
Lard..
Rice
147,901 Istarch...
2,027 Stearine
425,631 Sugar...
Sugar...
Tallow..
10;774|
Tobacco
200
1.8 5
17,829
3«6
Tobacco,
20
l,99Si;
30.993
1,533
j
Whiskey
bbls
IWool
bales.
Dressed Hogs No,
. .
and
for the
^
at
.-,
.
•
^**
!
.
THE CHR0N1CI.K
96
Oommercial Oards.
Oaanaieroial Cards.
&
JoJba 'Dwight
(January 22, 1876.
Co.,
&
George A. Clark
Financial.
The Brooklyn Trust Co.
Bro.
Cor. of Montague
MANUKACTUHBR8 OP
SVPOR-CARBONATE
The
>.
It
York.
ONLY Snpplied
AND
MII.'WARD'S IIEL.IX NEEDLES.
337 and 339 Canal street,
Smith, Baker & Co.,
comraissioN oterohants
NEW
0«X Pine
&
COREiIES,
New
Street.
G. Arnold
B.
FRONT STREET,
MP0RTKR8 AND DEALERS
ia.5
PVRE LARD PACKED FOR
ALL. CLIMATES.
full
Co.,
«II.S— SPERM, WHALE, ELEPHANT & LARD.
CLANDLES— SPERM, PATENT
SPERM, PARAFFINE, ADAMANTINE, HOTEL AND
RAILROAD.
!
!
!
OILS,
R
use.
WAX AND BEESWAX.
I
C E
New
always
(;olors
Dnano
VTashlnston
!2J^J^J^SAU St.
Woolen
Capital* 1.000.000.
Co.,
.Tlfg i^n.,
ItrillM,
Ellertoii !New
Saratoga Victory
&
NEW YORK.
45
.1
ITII'g
BOSTON.
CbaunOBT
15
WUITE Strbkt.
PHILADELPHIA,
W. DAYTON, 2S0 Chkbtnct Stkkkt.
&
'
cor-pwest
Is authorized to act as Executor,
Co.
St.
or at specified dates.
Wheless,
HENRY
F. SPAULDING, President.
Vice
B. SHER.MAN.
FKEDEKICK H. COSSITT, (Presidents.
rOFTON
OOrainiSSlON iriBROTfANTS
BBNJ.
rj.
!
H. P. BAIiCOCK. Secretary.
KXECVTIVE COMMITTEE:
NASHVILLE, TENNESSEE.
Sp«clal attention given to Spinuers' orders.
!; c ti don ce boH cited
Guardian
Receiver or Trustee. Is a legal depository
Interest alfor money paid into Court.
lowed on deposits, returnable on demand,
Corre-
RipPt'iKNOKB.— Third and Fourfn National Bants.
\-*r. 1*1 Xirl^romof Thk CHRONT0I.lt
J«cob D. Vermliye,
HeiiJ. H. Sherman.
Ajmos R. Eno,
FrederlcK H. Coseltt,
Sam'l D. BKbcock,
Martin Fates,
Isaac N. Phelps,
Edmnnd W. CorUe».
tHE
Co.,
COMMISSION MERCHANTS,
!
York.
Adger>8 Wharf, Charleston.
in stock.
inillN,
Chlcopee
Olyphant &
!
TllWUNE, President
Street.
AGENTS FOR
Shanslial, Foochowr
Represented bt
OliYPHANT
Gunpowder
tc
Co., of China,
104 Wall
S. O.
16 Oontl Street, New^ Orleans.
A
Canton, China
Talmage's Sons,
109 \rall Street,
1)1jI.U'OWO U.
E.R.Mudge,Sawyer&Co
Hons Kong,
Dan
STRIPES."
Widths and
McAlister
MANUFACTURERS OP
PABAFFINE
all
Bnrllnetoii
140 Front Street,
Home
supply
No. 109
43
For Export and
Central Safe Deposit Co.
FOR THE SAFE KEEPING OF VALUABLES IN
FIKK AND ISUKGLAR-PIiOOF VAULTS,
Nos. 71 Ac 7 3 AY. 23d St.
COtlEVERY FAClLriY AFFORDED FOR 'IBi,
VENIENCe and J'rUacy of LA D 1 PA Ih OAt.
United SlateR Bnntlns Companr,
PROVISION DEALER!" AND MANUFACTURER
O*' LARD OIL A D BTEAKINK.
NEW YORK.
ESTABLISHED 1*11.
Mayhew &
jKurglarH.
Also, Agents
A
JEWELL,HARRISON
& COMPANY.
Tlolfe,
Absolnte Security usainst Fire and
COTTON CANVAl, FELTING DUCK, CAB COVER
INO, BAGGING. RAVENS DUCK, SAIL TWINES
&C " ONTARIO" SEAMLESS BAGS,
"AWNING
Kiiigslny,
I
kinds of
all
Rockwell,
W. C.
John P.
Co.,
And
COFFEKS AND TEAS.
F. LB.
Henry Sanger, Alex. McCue,
Chas. R. Marvin, A. A. Low,
Ainn. B. Bayllw. 8. B. Chittenden.
horaaa Sullivan. Dau'lChauncey, Edward Harvey,
H. E. Pierrepont, JoHiab O. Low, James D. Fish,
Alex. M. White,
John Halsey,
Wm. R. BUNKER. Serre^ry
J. 8.
COTTONSAILDUCK
Co.,
t.
TRUSTEES:
YORK.
MannfacturerB and Dealers n
York.
&
RIPLEY Ropics, President.
GHAS. K MAUVIN, Vlce-Pres
Kdoar M. CrLLKX. Counsel.
money.
Brinckerholf, Turner
ttlogo, Japan.
UKPliESKNTED BY
E. IV.
Brooklyn, N. Y.
Company Is anthorlzed byspeciaJ charter to act
or guardian.
can act aB agent In the sale or management of real
CBtHte, collect Interest or dlvidenda. receive registry
and IraiiBfer boohs, or make purchase and sale of Government and ether Hecurlties.
IteliglouB and charitable InstltutionB, and persona
anaccuRtoTiied to tne transaction of buplnesa, will And
this Company a safe and convenient depository for
SODA.
New
Yokoliama nnd
sts.,
$500,000.
aa receiver, trustee
II Old Slip,
joooiDs; Trade
Clinton
This
OF
N
&
CAPITAL.
New
St.,
York.
COH.
TosEPH
BROADWAY
Bachman &Sons, PAID-UP
Gorham
Mf g
dt
NEW YOBK,
WARREN ST.,
CAPITAL,
§1,000,000.
Invested In United States Governraent Bonds.
REPRESENTATIVES OF
GUNPOWDER
OF THE CITV OF
Company.
PuyK THREE PER CENT Interest per annum on
DepontH subject to che^k at nig fit.
Pnyit f OUR PER CENT Interest per annum on
special deposits remaining stx months or longer.
'Irufttee for estates.
Acts as
D. R.
JOHN
C.
CRUTKSHA.NK,
,^
President.
MANGAM. _
.
Sec.r-t.ary.
Dupont's
SPORTING, SHIPPING AND MINING
POWDER.
Sterling
GUNPOWDER MILLS
DUPONT'S
(ESTABLISHED IN
Have maintained
1801
)
their great repntation for 75 yeara.
EAOLE DVCKIIVG,
EAGLE RIFLE, and
DIAIHOIVD GRAIN POW^BER.
SPORTING, MINING, SHIPPING AND BLAST
all
"For sale in
al!
parts of the country,
Represented
for
suitable
Ships,
Irlcks, Inclined
Hoisting
P
lines.
Mining
Ac.
A
on
.70 -Wall Street,
NEW YOHK.
STREET.
Dealer in
Fire
a»'d
Rigging
constantly
Ptirf;.:rses,
Stock
Bailed,
.
and
marine Insurance BtocU*
and Scrip
"SPECIALTY."
Cash
will
once for thealmveSecuritie"; or the
on rommiMton. at sellers option
p»i<i at
be
flold
AI-DEN OAYI.ORW,
•
ciirlt'es,
No.
33
Wall
St.,
New
Miscellaneous Se
%orl<.
(I". (I.
Box
Special attention ulven to St. Lonis City and
Countv LJonds ; Mlesonri County. Cily, Town and
School Bonds. Also, to the Bonds and Stocks of the
toll:)Winz Railroads: Atlantic & Pacific, Missouri
l.;??3).
hand, from whica any desired
by
F. L. Kneeland,
8
65 WAI.Ii
|snBpen*^ion Bridge*, Guys, Der
Larg^
kinds ami descriptions.
K
.
B. B. of the very best quality
*
ING POWDEK,
Of
o p e
STEEL, CHARCOAL,
1
A-SO,
<X-*UJ<.
R
Manufac'nre the
in Use.
ver
F'ine Electro Plated Wart
No 3 IWAIDEN I.AriR. NWIV VOICK.
Celebrated
The most Popular Powder
Si]
AND
l9PgtliB are cut.
JOHN W. m^SON &
43 Broadway,
South Pacific, Kansas Pactflc. Denver Paciflc,
Miasjui-i, St. Louis Kansas Clty& Northern.
Refers by permission, to Messrs. W. 8. Nichols A Co
Pflciflc,
CO.,
Ne'sv V->i*k»
North
Baniers.Naw York'
.
THE CHRONICLE.
anuary 22, 1876.]
Southern Bankers.
Boston Baakers.
&
Brewster, Basset
•
Dealer tn Coin, Southera Securities and Exchange
Loans Negotiated. Advances made on Becarltlea
placed In my hands for sale at current rates.
Address,
Bonton.
Maiiri.
SaTaunali, Georsla.
CommercUl
Dealera la Stock>, BuuilB, Gold aud
(P. O.
Box
81.)
A
Co.,
Fuper.
Orden oxMutad on Commlaalon
AQCtlom.and Private Sale.
at
Board
UroKiin
luvesuiicut Sccnrlllci cimBtantlvnn hanr.
Tuoa, P. aiLLaB,
Co.,
HUSTON.
BANKKR8,
Cobb,
&
Kidder, Peabody
Co.,
BOSTON, MASS.
KZUUAMQB
AHD OTHKB CONTIKKSTAL
OK LOKBOK, PiEtB,
Unnk, New-
Mew Orleaas Bank
;
33 Wall Street.
United Statee
all parta of the
^~N o.
SI
On
Cent.
iow& has entered upon a career of wonderful, and,
we believe, permanent prosperty. i}urlng 1874 Iowa
farmers raised more wheat,
and hoys than any
cm
other
Union.
i^tate in the
6c
CO.,
Council BluOls, lovya.
Co.,
BANKEU8 AND BROKERS,
BALTimORE.
A.
Slaughter,
O.
New
sell
Junes.
ST.,
Co
Kallroad Investment SecurlUea.
Coupons and Dividends. XegotUle Loans
draw Bills of Exchange on London.
Agents of the
an<^
..
IKON an
for the sale of their
All business relating to the Construction
ol Railroads un lertaken.
and Bqalp
ment
nANCHESTER
Works,
Locomotive
MANUFACTURERS OF
Iiocoiuollves, Slatlouary Steam
Klues, and Tools,
En-
MANCHESTER, N. H.
BI.UOI>, W. G. mKANS,
%UETA8
Superintendent
Manchester. N. U.
Treasun-r.
40
Water sti set, Boston.
WM. BOBDXK.
L. N.
Borden
LOTZLI
&
Lovell,
GOMiniSSlON niERCHANTS.
70
ic
New York,
71 W^est 8t.,
AGENTS FOR
BUVSAND SELLS CfilCAGO CITY, COO<CCODHTV
AND ILLINOIS AND IOWA CODNTY AND
TOWN BONDS.
CUMBERLAND COALS.
PALL RIVER IRON WORICS CMn>'¥)
NAILS, BANDS, UOOPS
T. K. Skinker,
ATTORNKY-AT-LAW,
ST. LOUIS«
417 Olive Street,
attention given
^^ Special
MIINICIFAi.
AND
KOJJB.
OLD COLONY STEAMBOAT
FALL KIVBP LINK
mo
to the collectioa of
CO...
STB/«>lRPfl.
Miscellaneous
BONDS.
Southern Bankers.
WILLIAM
York.
BORDEN miNING COMPANr,,
Correspondence soUelted.
&
L'EDAli. COR.
«1
Co.,
CHICAOO, ILLINOIS,
and VIRGINIA SKCURITIKS a
CoBRKBPOKDKKTS— McKlm Brothers & Co,
&
IVIKKCHANTS,
ANKER
:B
specialty.
N. Y.
BANKERS AN»
dollar to the investors.
Pblladelplila.
and Davidson
J.
BURT M. BASS*. JOn B.BAKiria
Kennedy
CAmSRIA IHON COnPANV,
we have now opened a ljrii:ich olllce at
Council liiullH, Iowa. The auiount of loans placed by
UB have exceeded $l,50U.OOO without the losa uf a sUigle
Orders In Stocks and Bonda promptly executed at
ba PhiladelpUla and Hew York BoardB.
&
KSHHXDT.
S.
JOHNSTOWN, Pa^
8TEBL RAILS.
Mortgage Security.
Austin,
Wilson, Colston
a.
In Illliiuls,
W^AliNUT STREET,
INVESTMENT
GOLD STHEBT, NEW Y»KK.
of
Ten Per
STOCK BROKER,
a
lOBK
Western Banker g.
BUKNHAin, :ncKINLKY
Baltimore Bankers.
Bell
J.
*&
lect
OoUecttoDS maae on
0OUN8BLOB8 AT LAW AND LOAN BBOKKBB,
Cbampalffu, Illinois,
^
I^B
*c.,
:
Buy and
N. C.
;
&.
and Gas Pipe.
Bank,
National
The demand for loans la active, and we are receiving
large numbers of choice applications forsums ranging
from $500 to $10,000. on from three to ilve years time.
Kefers to J. D. Vormllye and Crilman, Son & Cn.,
Bankers. New York Uarllngion & Marshall, Bankers,
Philadelphia, Pa.; and Oswin Welles and John B.
Kldridge, Hartford, Conn.
OlTIBR OP EUBOPB.
Phila.
FITTIN08.
IMPROVED SUGAR MACHINERY,
OFFICE AND WAKKHOUtiK
Having been engaged for the past 12 years In Investing niouey at ten per cent intereat, on tarin property
OuvaaaoiAL and Cisoui^b l^snaxs or Cudit
««aBD. AVAILJLHLK IK ALL PABTB OP TUX WOBLD.
Office,
AMEOICAM CnARCOAL
of every descriiillon, for Qas, Steam, Watar tnd>
Oil, Steam and Gas Fitters' ^applies. Machinery,
for Coal Gas Works. Cast Iron Water
A. K. WiucBR, Casblet
WlLiniNUTON,
Weatern City and
Buy and Sell
County Bonda.
New York
B. BuBBUSB, PieflH.
First
DKVOMSUIKK BTRBKT
BOSTON,
78
AHorAcrr^EiBs or
IRON BOILER TVBEr»v
No. 16
AmericaD
fork; Loulilana National Bank.
of Liverpool, Liverpool.
IS.
&
Co.,
BANKERS,
CtifiHpondoota. — Germau
IN GOVEUNMKNT BKCtjmTlBS
City, County and liallroad Bonds.
Parker
&
Special attention paid to collections, with prompt
remlttanceB ai curreut ratoa of exchange ou day of
payin^Bt.
STATE STREET,
DKALKK8
Uold, btate.
If
LAP- WELDED
mOBIIiE, AXiABAinA,
BANKEU8,
40
York; Bonlh-
Co.,
Pascal Iron Works, Phlladelplila.
Taaker Iron Works, Newcastle, Del.,,
WHOUQHT IRON TUBES &
Mew
williamb, jho. w. hillzb
>, d.
Thos. P. Miller
&
Chas. A. Sweet
Refers to Henry Talmadge
t rn Bank, Savannah. Ga.
&.o.
&
Morris, Tasker
BROKER,
0ONGKE88 STKEBT,
as
James Hunter,
Co.,
BANKERS,
tTo.
Railroad Material,
References— J. It. LleuberKcr, Pres't 'I'btrd National
Baak, St. Louis Wm. fi. Waterfi, Pres"t Second Nat.
Bank. fct. Louis Kdward P. Curtis. Cashier Nat. ItauK
of the State ot Mo.. St. Louli Wm. H. Thomson,
Cashier Boatmen's Saving Bank, 61. Louts.
;
THE CITY BANK OF HOCSTON,
;
;
Capital, $500,000,
H OUSTO N, Te X AS.
We glvu special attention
to collections
on
Love
all acceB*
OIllKcrOIW
^uike,Coi
U. F.
:
W.
J.
LnnlB, W.
WKKMS.
W. Gray, A. J
Longeope.
S.
Prenldenl.
Cash advanced on Stocks and Bonds
Adams &
President.
Leonard,
R. s. Willis, Pres't.
S. 11. Kimball. Cashier,
Koaatze Bros,
W. K..MoALpisB,Vlce-PTe8
N.O. Lauvb, Secretary.
$300,000.
DIRMCTORS : J. K. WalllB. M. Quln, K. S. Jemlflon
eo. Bclineliler, R. 8. Willis, T. A. Gary w. K. McAlD. The Ayers. J. BernBieln, J. S. GrInnan,C L
McKee,
Cleveland, Pel<T U. F.TllArU, J.
Bpeolal attention given to collections at alt points
.n tne State, and remlttancea promptly made, without
any charge except custoinar rates of exchange.
I
pliio,
A
Savings Bank,
ROCKt ARK.
»1 J<>bn street.
Transacts a general banl:lng business, and
all points lu the South and Southwest at
reasonable rates. Accounts of Banks, Bankers, Merchants and others solicited.
Board OP DiKKCToKs.—C. F. Penzel,Wm. Klrten,
Judge U. M. Rose, Jno. E.Ueyer.G. W. Johnson, Geo.
Relcbardt. J. K. Hrodle, A. Schaaer, Jno. O. Fletcher.
N. Y. CoRRKapoNDKNTS, DouuelLLawson ft Co.
A Solid Twelve Per Cent
While bonds and stocks are the footballs of brokers
the solid Illinois and Missouri TEN PEH UrNTS
(senil-annnally at llie Anierlc»u Kxcliauge National
Bunk, New YorK) and our choice Kansas TWKLVK
PKlt CENIS have never failed. Nothing but an earthquake can Impair their at/solute aecurltj/; and as to
proinptuess, ask our New Vork Bank. Our paper Is
always at par lu New York, because alwai/s paid at
maturity. Have loaned iuIIIIodb. and not a dollar bar
ever been lost.— For details address ACTUAUV of the
Central Illinois Loan Agency, Jacksonville, Illlnolf
r. O.
Box
657.
dc SONS,
New York.
HBi'^Rr HOB. SoLB AsBNT
TO PRINTERS.
»50,000.
makes cal-
t.
GALVESTON, TEXAS.
.-..--
Cashier.
MANUFACTURERS' WAREHOUSE,
JOSEPH GILLOTT
lectlons ou
Texas Banking & Ins. Co.
OaMh Capital,
Vice-President.
I<ITTI.B
CASH CAPITAL
DALLAS, TEXAS.
Correspondent
Wm. Kirtkn, Crikd T. Walkbb
German
BANKERS
STEEL PENS.
left for Sale.
Cashier.
CHA8. F. Pknzel,
New York
Co.,
ST. LODis, ino.
Hutchlns, P.
M. Klce,C.
BKNJ. A. B0TT8.
&
BANKERS AND BROKERS,
stble points.
We keep on
hand the largest stock of
PRINTING TYPES
n America, assorted for iSngllsh, French, Bpanlsb,
and Portaguese, which we sell lu lots to suit purubaaera, at
low prices for cash.
We also cleal in all kinds of new Printing
Material!
&
Co.,
Geo. Bruce's Son
No. 13 Gbambers Street, N. Y.
N. B —The Stock and Bond Tables of the Coxbib.
oiiL AND Financial Cbkoniolk, published In a supplement to that pai-er, on the last Saturday of each
Month, and occupying twenty-seven pages, are set lu
Patent Fluures
nrnce's Nonparlel, No. n, with th
and Fnctlona,
iHE CHROJSICLE
ONLY
States
W THE SPRING AND SUMMER OF 1875
vol.
Direct Line to France.
THB
By OHdtRLBS NORDBOFF.
1
Ocean Steamships.
Publications.
Fublioatlons.
The Cotton
[January 22, 1876
8v«, paper covers, Price Fifty Cents.
DKDIOATIOH.
To
the Preildent of ibe (fnlted States.
BIm : I respectfully ofier you a report on the political
and Intostritl condlilon of several of the Seatbe'n
States, the result of an exploration made by nic during
the Spring and Summer of ihe present year, at the
reiiaeHt of Mr. James Gordon Bennett, for the New
York Herald. The facts collected here seem to me
Ukely to Interest yon, who, I sincerely believe, have
failed to make the people of the Southern states contented, chiefly be-auau In your exalted posltlou,it wasonfortuoately, difficult for you to know the real condition of those Stat'S, whkh hai rapidly and contlsnally changed from year to year of your adminisHad you been ahl to examine them for
tration.
Review
Financial
rbe General Transatlantic Company's
Mail Steamships;
BSTWKSX
NEW YORK AND HAVRE,
CALLING AT PLrMOUTrf,
'
LABRADOR
»
1
T'
PEKIEUE,
.....Saturday, Feuruary 5
PKICK OF PA8SAOB IN GOLD (Ij.clndlng wine.)
e,
Hetnni llckete
WILL BE PUBLISHED ABOUT
reduced rates.
Steeriine. |i26. with superior accommodation anJ
Includlne; all neiiessartea, without extrit ch .r^n.
Steawera marked thus • do not carry steeraKC pai
&
549
Bent free
liy
5S1
BROADWAY.
LOUIS SE BEBIAN,
Agent, 55 Broadnray.
FEBRUARY
10.
CuNARD
CONTENTS:
FInauclal Revteiv of
N. T.
mill to any part of the United States
"FAIRLY WITHODX
A RIVAI.."
— Congregationalisl.
Tlie
the
most eminent authors of
day,
Hon. W.
snch as
E. Gladstone, Prof, max
mailer, Prof. Huxler,
Dr. 'W. B. Carpenter,
Prof. Tyndall, R. A.
Proctor, Franci'« Pow-
187S—
London— Money Market—
Qold—Foreign Ezcbaoge— United
States
Govern
Representative Railroads of tbe V.
many
others, are represented in the pages of
Littell's Living Age.
The Living Ae«
eatera upon Its thirty-third
year. It has never failed to receive the wannest sup v
Dort of the best men and journals of the country, and
hag met with constantly increasing success. Having
recently absorbed Us younger competitor, "EVKKi
SATURDAi," It la now wlihout a rival In its special
In 1876
field.
Durlne the year
it
will farntsh to its reaflera the
productions of the ablest authors, above^naoned and
many others embracing
;
the
iierlal
ana
tihort Stories
of the
LGABING FOREIGN NOVELISTS,
and an amount unapproached by any other periodical
In the world of the most valuable literary and sclentlflc
matter of the day, from the pens of ihe P'OKEMOST
ESSAYISTS, SCIENTISTS. CUlTlCtt, DISCOVKR
KRS AND KDITOKS, represeutlng every department
ot Knowledge and Progress.
A weekly MagaMne, of sixty-four pages, Thb Livins
AeE gives more than
THREE AND A QUARTER THOUSAND
double column octavo pages of reading matter yearly
It presents in an inexpeaslve form, considering its
amount of matter, with freshness, owing to its
weekly Issae, and with a ^ntiHfactory completeness
mtlempted by no other publication, the best Essays,
Reviews, Criticisms, Tft'ee. sketches of Travel and
Discovery, Poetry, Scientific, Biographical, Historical
and Political Information, from the entire body of
Foreign Periodical Literature.
It Is, therefore, iavaluable to every American reader,
aslthe only thoroueh as well as fresh compilation ol
a generally inaccessible but indispensable current n\,Qr'
BX\xre,-^7idUpen8able because It embraces the proauc*
MAIl, STEAMSHIPS.
BKXWKBN NEW YORK AND LIVERPOOL,
CALLING AT CORK HARBOR.
New
State
the
accumulation of $1 at different rates ot annua
interest being
from one to
annum
fifty
years —
ABLEST LIVING AVRITERS
Address
LITTELL
dc
GAV, Roatou
Harrison, Bradford
^^ STEEL
PE9?S.
realized
on
CHAS. G.
the rate per
securities,
One Day.
Tbe ITIoney market.—Prices of
and Prime Commercial Paper, 1870 to
TUESDAY.
Call
of
Feb.
29. at 8
A.
M.
Steerage, |26; Intermed at-, »10; Cabin, »65 fo tSO,
accordln^f to stare room. Steerai;'* office. No. 2» Broad
1876.
offices.
No.
63
Wall street.
Sc
WILLIAniS
GUION.
Atlas Mail Line
to 1876.
Prices 1870 to 1876.
Government Bonds—Prices
1870 to
1876.
BI-MONTHLY SKRVICB TO JAMAICA, HAYTI,
COLOMBIAand ASPlNWALL.and to PANAMA and
UTH PACIFIC PORTS (_vla Asplnwall.)
8
Pier
Bonds—Prices 1870 to 1876.
Railroad Bonds—Prices 1870 to 1876.
No.
"il,
Superior
United
'J
t-'ejruary 16
--
passenger accommodation.
PIM, FOR WOO I. & CO., Agents,
No.
.
56
wai
Street.
Dvement and Crop in tbe
Sitates,
Providence
1874-5.
Ac
Ktoulngton Steamsblp
Company, betiveen isew
Between NEW
Between NEW
European Cotton Consumption.
YORK and PROVIDENCE to *3,
YORK and BOSTON to f4.
Stonington
C
E
:
...-...-- $2
Cloth,
to Subscribers of the
Chuoniole
00
150
and
Reduction of Fare
1874-5.
BI
Vorli
Boston.
Cotton Splnnine In tbe United States
K
Line.
FOR PROVIDENCE, NEWPORT AND BOSTON.
ARItAThe elegant steamers RHODE ISLAND.
GAN8KTT and SiONlNGTON. leave Pier 38, N. R.,
St.. dally (except Sundays), at ':3Uf. M.
Through tickets lo pi Incipal New EUKland points at
RK. dcpo's and lick<-t omce?. Stale-liooiiie secured at
offices of Wentrott Kxpress Co. and at S19 Broadway.
fool of Jay
PKOVIDENCE
1.INE
(dir.ci).
Stoamsnips KLKCTRA and GALA IKA leave Pier
«. N. R., foot Of Park Place, daily (except Sundays) at
WILLIAM
T9
&
B.
81
DANA &
4
CO., Publisitrbb,
WILUAH STRSBT,
D, V.
I
,
j
HAYTI,
flrst-class
Prices 1870 to 1876.
I?I
a-.d
CLARIUKL
Railroad and miscellaneous Stocks- ANDES
Cotton
North River.
For JAMAICA
screw steamers, from
,
January 291
ETNA
februaryl9
For HAYII, COLOMBIA. ISTHMCS OF PA1SAM.\
and SOUTH PACIFIC PORTS (via Asplnwall).
Febnia y
ATLAS
State
Do
ao, ae, 79, 1, etc.
P.M.
A M.
ata:30
RATES FOR PASSENGERS REDCC^KD.
Loans
No. 505,
Noi.
1,
Keb.S.aiSP. M.
Feb. 22, at 3 P. M.
Fiist-class, full-powered. Iron
111
as follows:
.Jan.'25.at3
Imports and Production—Daily Prices of
Gold from 1862
^
FALCON,
NORTH RIVER,
Feb.
Gold and Bullion—Ex
Foreign ExchanKe
S.
No. 46
DAKOTA
WISCONSIN
MONTANA
NEVADA
IDAHO
way. General
V.
Agent.
(Via tlueenstonrn)
CARKTING THE DNITED STATES MAIL.
LEAVING PIER
Interest Cost of Carrylns Stock lor
ports.
FRANCKL7N
For Liverpool,
purchased
Stoek Speculation.
& Co
BMBRACINa EVKRY STYLE AND FINISH.
VYS John Street, New York.
Vorli.
Bulldjig.
tlons of the
In all braifchea of Literature, Science, Art. and Politics.
pTTBLieuKt> WaHKLVattS 00 a year, rree o/ pontage;
or for tlO 50 {coverina prepat/men I of pontage on both
periodicals,) Til K Livi.so Aqe and either one of the
Amertcan/owr dollar monthly Magazines (or Harper's
Weekly or Bazar, or Appleton^s Journal, weekly) will
be sent for a year: or, for |9 50, The Living Age and
Bcrlbner's St. Nicholas.
I
Steamers marked * do not carry steerage passengers.
Ratks of PiSSiGB.— Cabin, |9), »10i) »i.cl tl30 gold,
according to accommodation. Tick- ts to Pari*. $15,
gold, additional. Retarn tickets on favorable termn.
Steerage tickets to and irom all parts of Europe at
very low rates.
Through bills of lading given for Belfast, Glasgow,
Havre, Antwerp and other parts on the Continent
and for Mediterranean ports. For freight and cabin
passage apply at the Company's otfice. No. 4 BowIIuk
Green; forsieerage passage, at 111 Broadway, Trinlis
at various prices, ranging from 10 to 300.
Movements
I
I
compoanded semi-annually.
Table for Investors.— Sliowing
cent, per
FBOM NEW YORK.
Wed., Feb. al
Wed.. Jan. 26 Java
Wed., ^ich. ll
Wed., Feb. 2 "Russia
Wt;a,.Mch. 81
"Wed,. Feb. 9 China
Parthla
Wed.. Mjli. U 1
Wed., Feb. 16 Parthla
Caabrla
And every following Wednesday and Saturday Irom
'
S,
Railroads in Default.
Interest, for all periods
42.
•Russia
China
Land Grants.
Areyll.James A.F'onde
Investments
and
Speculation.
,^^^_^^^,J Mr*, mulocb, mrs. OlIptaant, ini«a Xbackeray, Jean Inge* Compound Interest Table, showing
low, Geo.MacDonald, William Black,
Anthony Trollope, R. D. Blackmore,
inatthenr Arnold, Heury KIngsley,
Tbemas Carlyle, W. W. Mory. Robert
Bncbauau, Xennyaou, Browning, and
to the North of
THE BKITISH AND NORTH AMKUICAN ROYAI,
FBOU NSW YOBK.
and Miscellaneous Stocks.
mercantile Failures la 1875.
Line.
tyNOTlCK.— With the view of diminishing the!
chances of collision, the steamers of this Hue takeal
I
speclUail courge tor all seiisons of the year.
Ou the outwaril I'asaage fr 'III Q.ieeustown to New!
York or Boston, crossing Meridian of 5U ai4JLat.,orl
nothing to the .North of 48. On the Homeward Passage, crossing tne Meridian of 50 at 42 Lat.. or nuthtn-
ment Bonds— State and Railroad Bonds—Ballroad
Tbe Duke of United
er Cobbe,
tlie ITear
Commerce — Bank Movements-
United States
Financial Affairs in
on receipt of the price.
at
sengers.
of all your fellow citizens.
Very respe-tfnlly, your obedleot servant,
CBAKLBS NOKDHOFF.
CO., Pnbllsbera,
accommoda*
Tirst cabin, $120 anil flit), ac onllrig lo
Second cabin. t7i. Third, »4U.
ment and happiness
APPLBTOIV &
Saturday, lanuary 28
Sanglier
Uaiire
'Ion.
yourself In 1874-15, as yon did In IMS, I cannot doubt
that your Southern poilcy would. In very many particulars, have been different from what It has ben; for
It Is your duty, as It doubtless Is your wish, to secure
the liberties and Increase the prosperliy, content-
D.
B)
(G.
The splendid vessels on this favorite route for the
..outment,
3utment, (being more -•
southerly than any other,)
othei
will sail from Pier No. -"
lIo» :
50 North Ulver. as follows
(ANNUAL),
P.M.
Direct connection to Worcester aud points beyond.
Iielghts via either line taken at lowest rates.
D. 8. BABCOCK, President.
W. FILEINS, General Pass. Agent.
U
iHh nmcumoLK
Januaiy 22, 1876.J
Xtunraiioe.
Xnauranoe.
"
OFFICMOr TBI
Inaurasioe.
you go, get wbat
Pajr as
when
atep
jroa
jroa
chooee."
ASSURANCE
IN LIFE
Co.
Insurance
Do not Assure your Life till you have examined
the
PLANS devised by Shippabo Hoxahs
Actuary, for
THE
Provident Savings Life
Assurance Society,
Tee
Trinlei'9,
m
cuufonnlly I"
ttii:
Itt
Dct«,511,l)M «1
un I'uliclca not mu-ketl
January, 1S7I
I'rc'Uiiuin'-
off
J,438,!!»8 II
"I'oUl au.uunt uf Marine Prcmlama. (8X2,944 40
No l*o!lciL-9 lijiVL- been lesucd upon
nor upon Fire lUtikl
iliscoitiiecteJ wiih M:iiln« UlsifB.
Preutiums marked off from tat Jaqqary, W7I, lo3t.it D..cum'jer, 1874... $«,48»,»71
Life Risks;
paid
l^sst'H
H
during the
samu pvriod
t>,nO,(Ua tt
UMiamsof Preiulums and
The Com{>aiiy baa
Llie following AMeta, rim:
SUtee and Slate of New Tork
Stock, City. Bank aud other Stocks. $9,931,060
l«*n9 aecored by Stocki, and other-
wise
WILLIAM
M
887,000 00
463,(76 li
8,831, S48 48
866,199 64
This Socitly separates the Insurance Part of the
the Reserve or Deposit Part, which
latter Is held merely for accumulatioa.
This Society reoognius the Policy-holier ai otimer
New
$10,003.&84 74
Six Per Cent. lutereat on
the ODtstandlug
will be paid to the holden
thereof, or their legal representatives,
on and
138
The certificates to be
paymei^ and cancelled
Orders Promptly Filled. Liberal Cash Advances on
Consignments to [his Market, New Yorlc and Liver-
produced at the time of
Upon certificates which were Issued for gold pre'
mlnms, the payment of interest and redempUoa
will be in gold.
A
JDlTldend of Forty Per Cent,
4t thin oftlcs
iLe cnrrent
is de-
on the net earned premiums of the Company
for the year ending 31st December, 18T1, for which
certiflcates will be issued on and after Tuesday,
YORK.
serrctitrT.
&
Lamkin
Eggleston,
CAR00K8 LN8CBKD
Cotton Faetora,
TICKSBURG,
miss.
Orders to purchase Cotton In our market so.lclted
Refer lo Messrs.
NORTON BLAUGUTBB
CO
ft
New York.
»»ittrlty.
FEKDlNANll MftTt 2, President.
ALEX. UACKAir^ Vlce-FresMeai.
*M.
OUAPnA^,
Low-
Will keep ftccounts with Country Banks and Fanken,
collections, l«6iie certlQcatea of Depofalt, and
attend to the sale and purchase uf Bonds, Stock*
Coin, &c.
Particular alt- ntlon glTen to the ezecation of orde
for future coutracis and the purchase of merchandise
Ce-tlOcnies arc tssied under which leeaes are made
i>ayi>ble In Loudon or Liverpool, and are arallable
wi;b bauL-'^rs alroad and at hoii*e as collateral
of tke Board.
H.
at
make
to and from all parts of the world, at
premlume. In goH or currency, aa maybe
the lizth of April aaxt.
J.
given to Collection and
Moody & Jemison,
BANKERS
AND
$1,000,310 41
VKf ELS.FKLlSrlTS aud
Attentl n
est Bates.
'ieeitttj.
clared
Bj order
NEW
ST.,
>T£
Special
pool.
Promnt Remittance mads ou Sight Uzckauge
General Coiunil«slon ITIercliant*,
laa PEARL STREET, NEW YORK,
Insurance Company,
I,
Co.,
GorainissioN itierohants,
STRAND, GALVESTON, TEXAS.
(MA RINK)
WALL
&
Hearne
GREAT WESTERN
4t.» ta Jan.
ftCO.,
COTTON FACTORS AND OENbRAL
Vlce-Pree't and Actuary.
will
Interest thereon will cease.
itierohantn,
PBAhL STREET,
Exchange Buildings, Liverpool.
For Plans, Rates, and Full Particulars apply to
No. 50
135
Near Vorfc.
Tuesday, the second of February next.
certlflcatos of Ihe Issue of 1871
A
NKWGABS, KOSKNUElM
THE PROVIDENT SAVINGS LIFE
be redeemed and paid to the holders thereof,
or their legal representatives, ou and after Tuesday,
the second of February next, from which date all
BRO'S,
AND
Treasurer.
aftflv
Montgomery, Ala.
Orleans, La,
coininisstoN
Clergy-
.\8St;RAN0B SOCIETY,
WESTERN XTNION BUILDING, NEW TORK.
GEORGE WALKER, SHEPPARD HOMANS,
Cotton.
A Co., Lebmam, Ditbb A Co.
Cotton Factors
This Society, therefore, will either Issue policies
on the payment of uniform annual premiums, guaranteeing a specified surrender value for every year In
cash; or II will famish the PROTECTION OF LIFB
ASSURANCE at actual current cost for death claims
and eorpentes (ff management, each year iy itself, renewable at the close of any year without further
among
Secretary.
LEHMAN
of Ihe Reserve.
President.
Aswta
The outstanding
CROWBLL,
R.
Abraham
LiaHMAN,
men," James Brown, President; Howard Potter^
J,1S»,800 00
andBouds and Mortgagea
Interest, and sundry notes and dalnu
dnA the Company, estimated at
Premium notes and bllla recslrable..
CashlnBank
Ueal Kstate
proBu
Steamers to Europe.
Agencies in all tho Principal Cities in the U. S.
STEPHEN (-'rtOWELL, President.
Premivm from
for the Promotion of Life Insurance
aiiited
Total amount o(
INSURfiS COTTON AGAINST LOSS BY FIRE,
OVEKI,ANU BY RAILROAD, and Marine by
medical examination.
These Plans are indorsed by leading Actuaries
and State Commissioners, and also by the " Society,
txpeusea.fl.irtS.lis; 41
caniflcates Of
NEW YORK.
Guaranty Cash Capital, « 125,000,
OF BROOKLYN.
WeBtem Union Telegraph Building,
Brovdwaj, Cor. Dejr Street, H. Y.
ASSETS, July iTTsTS, 93,333,499.
Office,
Invetted in U. S. Five-Twenty Bonds.
ccmlier. 1871
l«t
of lh«
WKSTEUN UNION BUILDING,
on Marine KiaL*
laiiuarir, 1814, lo alsl
1=1
Oh irtcr
Uii'
Dccfin'icr, 1S:I:
-Jlst
/rL-iulitinH rtjcciveil
irimi
im
^iuUiiuaLt uf
I'uiuiMtiy, milnnit the rulluwlni;
illulra oil
Mth,
Insurance Company
I
NEW
N>w VouK, Jansu7
PHENIX
bay,
COMMON SENSE AND FAIR PLAY
ATLANTIC
Mutual
Til
Irvine K. Chase,
LOC;^VfOOOj»
T.
The North
British
COTTON BUYER,
and
Mercantile Ins. Co.,
NashvUle, Tenneaeee.
OF
LONDON AND EDINBURGH.
VBVSTBBa.
0, Jonea,
Charles Dennla,
Gordon W. Bomliaa^
/.
Frederick Channcej,
Charles P. Bnrdett,
Francis Sklddy,
W. H. n. Moore,
Henry
Colt,
Lewis Curtla,
Charles H. RoMell,
Lowell Holbrook,
David Lane,
James Bryce,
Daniel
S. Miller,
WlllUm
Stargia,
Henry K. Bogert,
Bobert B. Uintnni,
CharleaH. M.r.h.n
Oeorge W. Lane,
Robert L. Stuart,
Jamea Q. De Fonat,
Alezuider V. Bleke^
Charlee D. Lererich,
Joalah O. Low,
Adolph Lemoyne,
William E. Dodge,
Boyal Pheipe,
JoeepS Qeillard, Jr.,
0. A. Hand,
femes Low,
4oha D. Hewlett,
Idmund W.
midwi H. Webb.
Shepherd Knapp,
J.
D.
Adam
T. Sackett,
Thomaa
JONES,
Toe^i^
Cocllai^
President.
OHABLES DEinnS,
W, H. H.
F.
Horace Oray,
Winthrop Q. Bar.
Vice-Preside at.
U00BB,:;!d2Vlce-l>sidenret
BiUrKKENCB.-FtBST NlTlOKAL Bank. NiSHVILliB
UNITED STATES BRANCH,
64 'William, Cor. Pine St., New Tork.
Capital paid ap - - •
Groee Fire Reaerve Net Lire Aaeete - - -
•
'
-
$10,000,000
3,TOO,000
13,300,000
^""^
TMk'tl'ww o5)''^"* ^^
"'
Management
In
"
•.872
were
BIOUABDS.
Richards
WILLIAM WUITLOOk.
&
Whitlock,
COTTON STORAGE
&
Noe. 105, 107,
109
ITIorton,
»50J.680 4«.
Yet the Company paid these louses at sight wlthou
borrowing )rsemi:g a single dollar of pcrniahent Investments, continued regular alvideods to their
stockholders, and at the end of 1S73 had entirely made
up (not in this country, however), the losses of these
two conflazratlons and all others, comnienclnir 1874
with a surplus over HOO.OOO larger than ever before
'"come of Fire Department alone over
.AS^Si!
94.Ua>,uiJU.
Fire and Life Assets entirely distinot— the one not
llablefor the other.
The Company organized A. D. 1809. vuuimencea
Commenced
tliis country A. D. 1887.
Agencies in most of the prluclpa cities and tc wns
in the United States.
business in
EZRA WHITB,
l
CHAS. K. WHITE,
SAU. P, DLAGDBN,
i
J-Managera.
St.,
CAPACITY, 12,000 BALES.
New
The Comp'aDy's actual losses by Chicago conflaura
'^"""^Kra.
tlon In 1871 were »1 ,743,457 81.
The Company's actual losses by Boston
couflaCTavuuuagra'
= ""
In
8.
*aT,ooo,ooo and 618, 620 & 623 \rashlnston
Total
Mon
JOHN
Rate of Storage,
15-15.
Fire Insurance Lowest Rates.
Repkhkkcis.— French &
Williams, black
&
Co. ,56 Broad
i
Co.,
No.
Travers. No. 17 William s'..
1 « llllam St.: i;.M. Waters
Henry, Jr..Ko. 135 Pearl
Adams ft Whitlock, No. 51 Sonih kt.j Cbarlea
Hyliestcdft Co., No. 7 South Wllll»m St.; WaiterT.
Miller ft Co., No. 5 Hanover st,; Dennis Perkins, No.
117 Pearl St.; Charles A. Kaston, ^o. 141 Pearl st.
St.; I'Uillp
St.;
OVER
S,000 SOLD OF
INGERSOLL'S
HJJSD AND HORSE-POWER PRESSE S
Tlffij' here a world- wli'e roi>'"tation andasuprrtoriiy
OYei all others lor baling Iiay, Cutton, li&ge and aU
other liliids of umcerlal. For price lift and ful lois
on or address the nianufavturers
matlr.li call
INOBR8OI4I.
«^R££^F01in:
& BAliSXON,
(Cl(r at BrooUyn),l«,
J»-.-
Cotton.
Cotton.
Ootton.
JOHK
«DWi»DM.WBI8BT.
&
Ware, Murphy
Co.,
NEW
(P. O.
eiecutloo oJ order,
special attenUon p.li to the
contract, for fu'ure
of
sale
or
parch.«
tor the
made on con««UTery of cotton. Liberal advance,
•Igsment..
In Liverpool
York.
the
made on consign
Co.,
De
LIVKIIPOOL,
4;
commlMlon
In
New York and
CO.,
and
Co.,
&
E. Rogers
&
New
Co.,
COTTON
125
I
iheral
AND
Pearl Street, New York.
advances made on condgnraents. Proinpt
for
tn the execution of orders
oeVsmS atwullon paid contract,
for future delivery^
.?he purch Meor sal4 of
Co.,
-c^^Y^^^^t^^^^^C^y
toe Laer
&
•
«AIiVBSTON, TEXAS.
Uberal
-friend, la
CmU
Sew
Advance, on Consignment, to our
York, do.lon, PUUadelphla, Liverpool,
B»Tre iwd Bremen.
-'•
Henry Lawrence &
D.Kremelberg&
BALTIMORE.
Kremelberg, Schaefer &
CORDAGE,
•'
Co.,
NEW ORLEANS.
Co.,
tOCISVILLE, KY.
COMMISSIO N MERCHANTS.
COMMISSION MERCHANTS,
NEW
YORK.
Walsh, Thomson
Now
«8
&
STONK
York.
OF HARTFORD.
CAPITAL.
-
$3,000,000
-
Assets, Jan.
1, '76
LiabilUies
-
-
OFFICE,
173
BRANCH
JAS. A.
-
»6,497,275
-
«245,116
BROADWAY,
ALEXANDER,
London
&
N.
Agent,
&
Globe
**_^
Co.,
COTTON RROKERS,
8TRBKT8,
SOUTH WILLIAM &
Insurance Compan
Liverpool
Houais ut
<^
US
GANGS OF RIGGING MADE TO ORDKK.
YORK.
192 FRONT STREliT NKW
iETNA
Co.,
&
Son;
FOR EXPORT AND DOMESTIC
Kremelberg & Co.,
NEW YORK.
DE JERSEY &
COTTON BUYERS,
Miscellaneous.
MANILA, SISAL, J»TP & TARRI
mancbeater and Hverpool.
Co.,
.
"
MANUFACTURERS OF
WAtt STREET,
T.
YORK.
MEliCHANT
.OTTON BUYERS * COMMISSION
YorB.
N«wCotton
60 Stone Street, N.
hx-Mm
\
Orders In Ftn res executed at
Peet,
62 EXCHANGE PLACE,
York.
NEW
&
COMMISSION MERCHANTS, Knoop, Hanemann & Co
BOSTON,
44 BROAD STREET,
yew
9T Pearl Street,
Orleans.
Kremelberg
Co.,
St.,
COTTON MERCHANTS
GIVKN *
Special atten
Advance, made on Consignments.
futures.
tlonpaidtopucha.es or sales of Cotton
CITY BANK, LONDON
Bills of Exchange on the
Md HOTTKNGUEK & CO., PARIS.
Co.,
SO Wall
COMMISSION AND
Newr York.
LIVERPOOL.
Smith
Street.
No. 68
00N8IO.NBD TO
iJ>ViiWgB MAOK UPOK COTTON
B. R.
York, and Messrs. D. A.
Co., 51
SWBNSON,
M.
Edward H.Skinker& Co
BANKERS AND COMMISSION MERCHANTS
COMMISSION MERCHANTS.
BEACH &
Information
MERCHANT
COTTON FACTORS COMMISSION
47 Rroad Street, New York
19 South William Street,
NEW YORK,
meaara. X. N.
all
Sawyer, Wallace
NEW YORK_
1811.
New
SON, 64 Baronne
COMMISSION AND
COTTON MERCHANTS.
Wm.
street.
Robb &
TEWELL,HARRISON
& COMPANY,
K8TABLX8 HED
S.
WATTS *
aaorded by our friend., Messrs. D.
New York.
TIE,
"Tlie American Cotton-Tie Compauf'
LIVERPOOL, ENGLAND.
and order, for the
COTTON
Advance, made on consignments, and
Stone
SAl.i
or THK
CELEBRATED "ARROW"
or dellvefle.
purchase or wile of future .hlpments
BANKERS AND COMMISSION MERCHANTS,
33 Naanau Street,
Co.,
NEwToBK FOR THE
MAMCFiOrnEBD BY
solicit conslgnn.en.8 of
Liverpool.
Adams &
Eakin,
Cotton Ties.
I.IVERPOOI.,
CO.,
CALCUTTA AND BOMBAY.
FaTURK CONTRACTS FOB COTTON bought
old on
&
C. Watts
New York.
128 Pearl Stree t,
21 Bro<vn'a Bulldlnsa,
Merchandise through
A1.0, execute order, for
MUIR &
COTTON FACTORS
SOLE AGENCY IN
W.
LONDON AND GLASGOW.
Meaare. FINI.AY,
"bLOSS & INCHES,
Co.,
Ivery.
New Xork.
FINLAV
LONDON AND l.IVKRPOO''.
execution of orders
Special ntlentlon given to the
Contracts for Future
for the purchase or sale of
on Conalgruncnt. to
Adrance. made
Advances made on ConslgnmenU to
New York,
131 Pearl Street,
MKKCHANTS,
nieMra. JA.tlKS
nierclianta.
AND
QKNKRAX.
Street,
General Commla.ton
Tobacco and
I
COMMISSION MKBCHANTS, GENERAL COMMISSION MERCHANTS
ment..
Haaover
BROAD STREET. NEW YORK.
Cotton Factors;
Co.,
GENERAL
of order, for
Special attention paid to the execution
delivery
purchase or .ale of contract, for luture
S
&
Bennet
General Cominl"l<»n MercUante.
OOinilllSMION
No. 43
of Cotton
Llbera?ad""cel°made on oon.lgnment.
Ihe purnrrt,.raeieculed at the Cotton Kich.nBO lor
future delivery.
chase and •»"« of contract, for
Bliss,
6c
Robt. L. Maitland& C(
COMMISSION MERCHANTS,
Plaee,
65 Beaver St. & 80 Bxchange
& CO
)
GEO. W. WILLIAMSMerchant.,
voRK
YOKK..
NEW
>
Banferi & CominlMlon
AND
Henry Hentz
flr..
d:
LryKRPOOL.
and London.
&
BABCOCK
Cotton
,
New
Cotton Factors
advance,
New
In
ALKXaHUBH KA.T.AHU. ^ ^^„ - J^"- —"»«<'
New York.
4858.)
Williams, Birnie
Stillman,
76 Wall Street,
Liberal
p.
Cotton,
SKAMBN'3 BANK BUILDING,
of cotton.
Exchanges
Orders executed at the Cotton
of
Liberal Advance, made on ConalgnmenU
to our friend.
wool. Hide., &c., and upon .hlpmenU
^
Woodward &
Box
Co.,
made on
York and Liverpool, and advance,
their
Jndoth?rFrodu?e consigned to the.n or to
abroad.^
CO.,
BROAD STRKKT,
No. 89
YORK.
&
so Wall Street, New York.
MERCHANDISE DEPAUTMENT.
AND
STONB STREET,
&
Babcock Brothers
General Commlealon MercUanta,
GENERAL COMMISSION MERCHANTS
Moa. 74
Dn«B.
COTTON FACTORS
ANU
fil
B.
& Co.,
Wright, Richards
Cotton Factors
.
[January 22, 1876.|i
THE CHRONICLR
viii
Insurance
45
Co.-,
Willidmi St
@FedFRASER