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HUNT’S
MERCHANTS’
REPRESENTING THE INDUSTRIAL
VOL. 20.
AND COMMERCIAL INTEREST!
THE BANKERS’
Roney Market, U. S. Securities,
etc
74
75
77
78
81
82
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Quotations of Stocks and Bonds
New York Local Securities
Investment and State, City and
Corporation Finances.
THE COMMERCIAL
Epitome
83
TIMES.
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I Prices Current..
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THE LOAN M1KKET AND THE RECENT BANK
The
quietude of the
FAILURE.
The holders of the notes of the bank are,
of
fully protected by the fact t hat under the cur¬
rency law the United States Treasury redeems the notes
on demand without waiting
for the sale of the bonds
which are deposited as security in Washington. Some
dissatisfaction lias been expressed because the Bank
course,
Friday.
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE,
The Commercial and Financial Chronicle, delivered
by carrier to city
STbscribers, and mailed to all others:
A- dvortiiio
panic of 1873. It was during the reckless
brought on that catastrophe that the
Cook County National Bank laid the train for the present
explosion. It advanced money in those easy going
times on real estate mortgages, railroads and other
unbankable securities. Though it was not seriously hurt
by the panic, it lias since become gradually unable to
stand
unless
propped up by outside supports.
One of these supports was withdrawn on Monday,
and on that very day the bank closed its doors.
The
great wealth and resources of the President forbids
the belief that eventually the depositors will suffer any
inflation which
GAZETTE.
Banks,
Railway Stocks, Gold Market,
Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks, National
NO. 500.
and since the
THB CHRONICLE!.
The Loan Market and the Recent
“Investigating ”
Bank Failure
71 Latest Monetary and Commercial
The Annual Report of the New
English News
York State Banks
72 Commercial and Miscellaneous
Directors’ Duties and Liabilities
73
News
The Commercial
W THE UNITED STATES,
SATURDAY. JANUARY 23, 1875.
CONTENT8.
Commercial
U itton
Breaostufls
MAGAZINE,
Examiner did not discover the rotten timbers of this
financial barque, but again and again reported her
seaworthy and strong. We commend this matter to the
Comptroller of the Currency, from whom an explana¬
tion is due to the public.
The questions on which
information is needful are chiefly concerned with the
crazy
securities
of the
bank.
What
we
want
to
know
is
whether the
suspended hank has been examined at all
since the panic of September, 1873, and if so how it
could possibly happen that the uncommercial character
of its hills receivable was not again and again reported,
and the worthlessness of many of its securities exposed.
Another question is as to the reserves of this broken
hank, as exhibited to the Bank Examiner, and actually
counted by that officer.
In the quarterly reports this
institution seems to have always made a good showing;
but every one acquainted with practical banking knows
very well how easy it is for the bank to borrow legal
tenders, or in other ways to evade the law. One power¬
ful check on such practices is in the visits of the ex¬
aminer, whose duty it is to go to doubtful institutions
with frequency and to examine them often.
If this duty
were faithfully performed in the present ease, it is dif¬
ficult to see why the evil was not corrected or revealed
market has suffered some
past few days, and some persons
have wondered that the trouble
passed off so soon. The
reasons are
very obvious.
Prominent among the causes
of
anxiety is the failure of the Cook County National
Bank at
Chicago, and adroit manipulation has been
used to
magnify and exaggerate its effects. This sus¬
pension, though it really awakens little surprise among
well informed bankers, has been
diligently explored by long ago.
the bear speculators, and has been made the basis of
Although the full effects of the failure are not com*
sensational rumors, which, though promptly corrected, pletely known as yet, enough has transpired to show
have created some needless alarm. The
deposits of this that it will he confined within a comparatively limited
bank are reported during four months to have fallen from area, and that the speculative rumors which have
$2,000,000 to $850,000, showing a singularly rapid originated in it are most of them without the slight¬
liquidation and loss of public confidence. The event est foundation. Had this disaster occured in a more
offers a suggestive illustration of several remarks that sensitive condition of the money market, it is im¬
we have had occasion to make on bad banking before
possible to set hounds to the mischiefs which it might
interruption during the
money
.
.THE
72
caused.
have
The theorists
who argue , that
banking
with a view to protect the inter¬
public, and that we might as well enact laws
to regulate the reserves of peddlers and merchants, as
those of bankers, fail to realize the explosive nature of
Credit, which
the material in which the banker deals.
is the article that the banker buys and sells, is one of the
most explosive commodities known in modern commerce.
The disasters and panics with which the last half century
has desolated Europe and America, raise each of them its
testimony to the explosive nature of the commodity
dealt in by our banking institutions, and of the absolute
need that those institutions should be placed under the
best regulations and safeguards that the experience and
requires no regulation
ests
of the
own
[January 23,1875.
CHRONICLE
percent at least against their aggregate depos¬
its and other liabilities. When the national banking law
reserve
25
passed in 1863 and 1864 most of these safeguards of
good banking were incorporated in that instrument, and
constituted it the most perfect banking law which has
was
existed in this country.
the banks of this State, under
ever
For well-known reasons
the enabling act of 1865,
their charters and reorganized under the national
banking law. This act was passed 9th of March, 1865,
by the State Legislature, to permit the conversion of
State banks into national banks, and the permission was,
as
is well known, very extensively accepted.
We
recently gave the official report of the national banks
from the statement of the Comptroller of the Cur¬
rency.
We now give a report of the State banks
of the State of New York from the annual statement
gave up
devise.
Another point which is illustrated by the failure before
just presented to the Legislature by Mr. D. C. Ellis,
us
is tht great strength and elasticity of our financial
Superintendent of the Banking Department. He states
system. Here and there throughout the country there that on the first of October, 1874, the number of banks
are no
doubt weak concerns like that whose failure we
organized under State laws and reporting to the depart¬
are discussing.
There are in this country as in England, ment was eighty-one. At the same date in 1873 eighty
in France, in Germany, and every where else, a number
State banks were engaged in business.
Five banking
of bankers who have a good reputation, but are
associations were organized during the fiscal year. Three
insolvent and unable to recover from past losses. An
of the new banks are organized under the State law
eminent authority estimates the proportion of these
of 1874, with less than one hundred thousand dollars
insolvencies at one per cent of the whole, others set it
Four
have closed during the
Three
down at two or three per cent.
On all sides it is agreed capital. went banks liquidation voluntarily,year. fourth
of these
the
into
that the proportion is extremely small.
Tn view of this failed. The comparison of the following statements will
estimate we ought not to be surprised or unduly
show the relative condition of the State banks at the
depressed when the lurking evil betrays itself and the close of each of the last two official years:
decaying limb drops off. The health, the prosperity,
CONDITION OF HANKS OF STATE OF NEW YORK 1873 AND 1874.
and the elastic force of the financial organism gain
13 Sept, 1873.
26 Sept.% 1874.
Capital
$26,954,890
$26,336,290
strength by the loss. In every point of view, there
Loans and discounts
71.073,544
66,435,729
fore, we think it is very natural that the effect of the
Deposits
70,733,491
62,471,306
failure on the money market should have been so small
Potal rosources
111,180,3:40
116,536,731
wisdom of the
past can
'
i
and of so brief a
duration.
On
these
figures the report says :
“ The diminution
capital is trifling during the year, while the shrink¬
age in deposits and in loans and in discounts is consider¬
able. This reduction is an exponent of the contraction
in the volume of business since the panic of 1873.
The
total amount of outstanding secured circulation, Septem¬
ber 30, 1873, was $656,240; this sum was reduced during
the last year to $367,438, the decrease daring the year
in
THE NEW YORK STATE BANKS.
interesting and instructive chapters in
ANNUAL REPORT OF
One of the most
American banking is that comprehending
the banks of the three States of Louisiana, Ohio and
The banking laws of these three States
New York.
formed the model on which our national banking law
the
history of
was
framed.
That of Louisiana was
established as
before the famous statute of
passed in 1844, and consti¬
of the Bank of England.
Three peculiarities characterize the Louisiana Banking
Law. First, it compelled banks of discount to hold a large
reserve of cash against their deposits.
Secondly, this
early as 1842, or two years
Sir Robert Peel, which was
tutes the present charter
duty was enforced by frequent publication of the bank
reports in the newspapers. Thirdly, a further guarantee
was given to the same effect by periodical examinations
officially made by an expert commissioned for that pur¬
secured,
being $288,802. The aggregate circulation not
but still outstanding and charged to the incorporated
banks, on September 30, 1874, was $737,751 50. The
the same on September 30, 1873, was $743,876 50.
The decrease during the last year was $6,125.
The amount of the bills received and burned during the
amount of
year
is $9,368.
of free
banks.
circulation to
Of these, $8,535 were notes
banks, and $833 were those of incorporated
Sixty-seven banks were credited with lost
the amount of $285,559, the time for the redemption
of
having expired. The total
sum of outstanding circulation issued by all the banks in
pose.
In the banking laws of Ohio similar arrangements
were
made.
In this State, quarterly reports were the State on the 30th of September, 1874, was $1,105,
189 50.
The incorporated banks have $737,751 50 of
ordered by the law of 18th April, 1843; and, in addition
this circulation. The incorporated banks which are now
to these reports, it was enacted by the law of 15th
in the way of closing have a circulation of $160,301,
April, 1853, that all banks and banking associations
which will be cancelled during the next year. The wffiolo
should publish in a designated newspaper “ a statement,
amount of securities held by the Superintendent in trust
under the oath of the president or cashier, showing the
condition of the bank, banking association, or individual September 30, 1874, was $1,320,422 69; $790,043 71
were deposited by banks, and $530,378 98 by trust com¬
banker making such statement, on the morning of each
day of the week next preceding the date of such state¬ panies. The mortgages have nearly disappeared in the
list of securities deposited by the banks; only $23,900
ment, in respect to the following items and particulars,
now remain, these having been deposited many years
to wit: average amount of loans and discounts, specie,
ago. The bank deposits are all United States or State
deposits and circulation.”
,
of New York stocks. Deposits by trust and other com¬
After the panic of 185 7 our city banks voluntarily
agreed among themselves that they would hold of cash panies are chiefly State or United States bonds \ in two
the
bills,
as
fixed by law,
January 23, 1876.]
instances, however,
the stock of cities in this State have
scheme which requires his name to float it,
had better be left to sink alone, or it will be likely to
knows that
a
deposited.” The Superintendent appends to his
report the following comments on the past history and drag him down with it; and, further, that an offer of
bonds or stock as an inducement to act as a dummy to
present prospects of that part of the New York banking
fill the position, is not very unlike the thousand dollar
system over which he presides :
The free banking system of New York was regarded as the bill quietly left with the Congressman for his vote.
most perfect which was ever devised prior to the establisment of
But we pass by this description of admitted wrong¬
fhe National plan.
The National system is one of the products
It was not our purpose to refer to it, for there
It is equal proof of the soundness and excellence of our doing.
of war.
free banking law that the National law is a transcript, in the is another which is now more frequently fallen into, and
most of its essential features and fundamental principles, from
the New York laws.
It is in the novel and distinctive character¬ often innocently—that of holding the position of director
istics of the National plan that the gravest defects and the most in an apparently honest enterprise, but without any in¬
serious jars are found in the practical operations of the National
Of course no man can
banks. Hence, the National scheme furnishes both positive and tention of performing its duties.
negative testimony of tlie superiority of the New York plan. The be expected to wholly devote himself to an undertaking
merits of the National system are borrowed; its defects are origi¬
But if he does not intend
nal. Its sole conspicuous advantage is uniform currency. The simply because he is frdin&gor.
plan I have submitted, it is believed, will embrace the practically to give time enough to it to be acquainted with its
proven merits of both, without the known defects of either.
There is no emergency, either political or financial, at present, general management, he assumes a false position and is
which requires the maintenance of the harsh and prohibitory pro¬ doing a wrong to the community by allowing the use of
visions and needless discriminations against State banks, which
his name, whether he is paid anything for such use or not.
exist in the National system.
I respectfully submit that your
honorable body should request the representatives of the
Take the case of the Freedman’s bureau savings bank.
State in Congress to endeavor to procure such legislation
No more worthy enterprise could be named than the idea
been
“
will relieve the State banks from their present condition
and will insure for them the exercise of the powers and
the enjoyments of the rights now possessed by the
banks in respect to circulation.
The plan which I have pro¬
as
National
posed would secure these without any violent disturbance of
existing institutions, while it would greatly contribute to
the agencies which serve the business interests and commerce of
the people of this and of other States.
While conceding to Con¬
gress the province of regulating the currency of the country, it is
apprehended that there should be the limitation of its powers.
The business of banking, like any other business, should be
remanded to the people, and subject to local authority.
Large numbers of bankers are doing business in this State as
independent of banking laws as the merchants, exercising all the
functions of an associate bank, except the right to issue circula¬
tion, which, through Congressional interference, has become “ one
of the lost arts.”
So that only where corporations or associations
are created for the aggregation of capital, and subjected to laws
similar to those which control other corporations, defining their
rights, powers and liabilities, banking may be said to be abso¬
lutely free.”
•
We could have wished that the report had been en_
“
To induce the laboring classes in
the South to save their earnings, is certainly in the highest
degree desirable, and to use those savings thus accumu¬
lated for developing the industries of the country would
be a further good.
But in the original act quite a num¬
ber of the most prominent of our citizens allowed them¬
selves to be named as directors.
They never, as we
understand, attended a meeting of the Board, and never
intended to do so; and yet they greatly helped by their
names to establish that savings institution and induce
the deposits which followed. Of course, after a time,
when the tendency of those who were more directly in
the management became a matter of public notoriety,
the most of them quietly slipped out; but the evil had
already been done. Men of character and admitted
shrewdness had allowed themselves to be known as the
reputed managers, and had materially assisted in the
reputation and influence which the institution at once
acquired.
contemplated.
therein
statistical matter similar
gives so high a value to the reports of the
Comptroller of the Currency, and makes his annual
volumes so useful a repertoire of financial information to
There is another case now undergoing investigation
economists, bankers, and statesmen at home and abroad.
The effects of the panic, and of other important events before a Congressional committee where a company spent
on the movements of the banks of this
city and of the but little less than a million dollars in and about Wash¬
whole State, offered to the Superintendent a tempting
ington influencing legislation. Some of the then direc¬
opportunity of making up some comparative statistics tors appear to think that ignorance of the fact is a full
which would have conferred upon his labors a higher
justification for not opposing such a use of the money of
which they were the trustees. Of course, weie the act
degree of practical utility.
entirely without authority, and were there ho indications
DIRECTORS’ DUTIES AND LIABILITIES,
of what was being done to excite inquiry, such circum
It is, certainly desirable for honest men to consider stances might relieve the director of his responsibility.
how far they will hereafter permit the use of their names But to willingly remain in ignorance and thus permit
wrong-doing is not a whit less objectionable than to be an
as directors in undertakings to which they can give no
personal attention. Late developments bring this thought actual party to the disreputable proceeding.
There are too many of these silent directors at the
home to us with great force. Even if we have a legal
right to assume a trust and not fulfil its duties, can we present time. Corporations are too
hope that a good name will remain untarnished if one the management of one, or two, or three men. I his, to
The few must manage
thus indirectly and perhaps unwittingly becomes a party a certain extent, must always be.
and direct, but should not the whole body keep them¬
to a great
wrong ?
selves informed, and hold and use, when necessary, the
We are not now
referring to undertakings which are
riclied with
to
a
greater variety of
that which
exclusively under
one’s name be used?
difficulty might attend the
finding of men who have the time to assume these po¬
sition^’ and yet it is not-l.o
the business details ? 1~wvvrjPd.^
acquaintance with
of which must be acquired ; a sr/'
1
-„Ln ol the affairs of the company is,
and a direct supev^~~oU
,,
the
undertaken in assuming the trust, and that
much should be strictly performed ; and if one is not
able to yield such service, holding the position is simply
decoy, and the better the character the director bears
the "greater may be the mischief done.
of-doubtful character. Everyman readily admits that veto power? Or
to allow Iris n^me to be used to bolster up a dishonest We acknowledge
degree blameworthy. Igno¬
One has no right to be ignorant.
venture, is jn the highest
rance
T;iie
jS n0
protection.
of leading citizens are used in such
is because they are recognized as successful men, of
reason names
cases,
quick discernment and clear judgment; their endorse¬
ment therefore becomes a good guarantee of ©Wacter.
Hence, if such a guarantee can be obtained by
away a little stock or a few bonds, it is cheaply pui
But it is not necessary to enforce this idea, Every one
giving
chased.
if not, why let
that some
,
#
,
a
.
consider
legal right exists thus to mislead others or
J
connection, too, it would be well to
In this
how far the
though it may be in one sense
innocently. One accepts the position of trustee of a
savings bank and never attends a meeting of the trustees;
or does attend, but never seeks to know anything about
its affairs, and is as ignorant of them as he is of the
internal arrangements of his neighbor’s tobacco factory,
sitting thus comfortably and quietly upon the eggs he is
in part custodian of, until some day he is surprised to
find they are all addled; will ignorance relieve such an
innocent from liability—or if it will, should it?
to
wink at fraud, even
r-
.
...
-
-
“INVESTIGATING.”
What
an
aroma
of sanctity
surrounds this word !
Hence, by a well known
progression we naturally come to that modern creation
for extracting truth, an Investigating Committee.
the same—“
investigate.”
with such
But
would still be
one
Committee duly appointed there
condition precedent, to the well work¬
a
instrument—and that is a subject to
investigate. The medical student in such a plight would
rob a grave yard; but fortunately the Congressman of
our day has his grave yard always at hand; bore into
ing of this new
direction and unfailing resource,
and they bore.
What a mint of money, and how much
mental, moral and physical force has thus been spent !
the South is the constant
To be
sure
it has become a little monotonous
of late, and
produced in direct accordance with supposed
geological or psychological facts. And besides that,
this constant boring into the richest soil we have, is
fearfully disturbing the business interests of the country.
Still the work goes on with unfailing zest.
Now we propose, in the name of the financial and
has not
commercial circles of the land, to suggest to oiir
tors,
that perhaps this thing
legisla¬
is being slightly overdone.
ourselves with any positiveness,
knowing the superior wisdom of the mere politician
when he reaches Washington.
But evidently if we
are ever again to have activity in buisness we must in
We would not express
spots, establish confidence
and ensure stability.
Even a child can see that you can
raise no cream on milk constantly disturbed, nor will a
wound ever heal if you keep incessantly scratching it,
some manner
or
the
cure up
the
sore
body thrive so long as some
knaves
or
fools, and every one, at
least in this com¬
they are
the least
taint of corruption or falseness. Why, then, do we
need to keep up and prolong this investigating irritation.
Here is a legislature legally elected; the fact is estab¬
lished now beyond a controversy. Shall the military
forces of this government continue to say it must not
meet ?
If so, why talk about a new election ? This
committee find a fair one has been held, and what more
can we expect.
Would it not be a perfect and wise
solution of the present difficulty to act on the faith of
munity, would smile at either suggestion, for
known to be unusually shrewd men, without
allow the Legislature to meet again, and settle
their own differences themselves ? Shall we accept this
natural way out of the present wrong position, or adopt
this report,
and continue to investigate until the
nation becomes so sick that even the word itself is
the other course
Why, almost the synonym of investigation is truth. One
desires knowledge on any subject; the prescription is
ever
[January 23,1875.
THE CHRONICLE
74
of its members remain
offensive.
although deprecating military
interference, appear to fear that the blacks will suffer in
case the military are withdrawn.
We have heard some
such remark as this the past week, and yet we can see
no possible basis for the fear.
If we had no other argu¬
ment or evidence on the subject than the improved con¬
dition of the people, white and black, of those Southern
States which have passed out from under the military
yoke, that to us would be conclusive. But besides this
the Congressional Committee tell us there is no cause
for such a fear; and more than that, it is not reasonable
But
some
good
in the nature
men,
of the case to suppose
that any disposition
We have not room to en¬
large upon this point, but it is clear that the evidence is
all against such supposition, and the nature of the pres¬
ent relations makes such a course impossible.
In a word,
they want black labor too much, and there is already
too great rivalry existing between {the Southern States
to obtain that labor, to permit any of it thus to be
driven out of the State.
We do not mean that there
may not be in [the future, as in the past, occasional
instances of disturbance and lawlessness in Southern
States just as there is in every Northern State.
It would
be
error of judgment to consider or to expect every
to be a saint who lives within the cotton belt.
But
man
when we look at the order and quietness of those South¬
States now ruling themselves, and especially when
see such wisdom and zeal being displayed as that
exhibited the past week, by the present Arkansas Gov¬
ernor, in bringing to light and punishing the guilty if
found to exist, we cannot but think the ideal man lives
to oppress
the blacks exists.
an
ern
we
North, and that the average
These suggestions have been called out by the an¬ public sentiment there is to be as fully trusted. Please
nouncement that a new committee has started on its pil¬ compare this action in Arkansas with what the President
grimage to New Orleans. One has just returned and says has been going on in Louisiana under the present
published its report, and strangely enough every member regime. Although Kellogg’s followers have filled all
the offices, controlled the Legislature, appointed the
signed it. But their findings do not suit their brethren,
diseased.
as near
the South as the
with their judges, and had the military to enforce their acts, still
they have taken no effective steps to bring to punishauger upon the same subject. Is not this very unwise ?
ment evil-doers.
What a sad commentary is this on the •
Three members of Congress in whose judgment and hon¬
carpet-bag military government ! Certainly not a very
esty the country has more than usual confidence have
told us simply but plainly that the conservatives, as they strong argument in favor of its continuance.
In view, then, of such facts as these, it looks to us as
are called, elected a majority of the assembly at the last
if it would be the part of wisdom for this new Investi¬
election. Every one knew it before, but now we have
it announced officially.
And further, they have stated gating Committee to quietly hurry back to Washingtonas quickly as the railroads can bring them, and say as
that there was no intimidation employed in the election.
few words as possible about their experiences.
The
In view of all this, were it possible for this second committee to report contrary facts, they must be very brave public mind has been overstrained hearing of military
men, having little care for their reputations.
Not a soul lawlessness, which, together with the clatter of a long
line of Southern investigators, has painfully wearied the
could under such circumstances believe them without
pronouncing Messrs. Foster, Phelps and Potter either public ear; and now, in the name of that wearied public,
so
this
new
body proposes to experiment
pray and beseech that
mittees may cease, and
we
"
Cateat
75
THE CHRONICLE
January 23* 1875.]
the grinding of these
porarily, augmeted, and the proportion of reserve to them has
to 38| per cent.
As usual at the.end of the year, there has been a strong de¬
mand for money for short periods, and 6 to 64 per cent has been
charged for loans on Government security; but discount accom¬
modation has not been much wanted, and the rates are compara¬
tively easy, as under :
com¬
declined from 44
L<et silence, like a poultice, come
To heal the blows of sound.”
Ulanetarg anir Commercial Cnglial) Ntvos
ON
TIMS.
-
Amsterdam...
Autwerp
Hamburg
LATEST
TIME.
DATE.
Jan.
short.
11.13>2©11.16>£
25.41)40,25.52%
20.78 ©20.82 ;
short.
25.15 ©25.25 i
3 months. 25.47J* ©25.52^r
11.37>$©1U2
20.78 ©20.82 .
•
....
.
•
•
3 mos.
Vi
short.
.3
tv
Frankfort
©20.82 |
St. Petersburg
32’.;©32%
Cadiz
i8>*©i8x ;
90 days.
Lisbon
52%©52;^
|
3 months. 28.17*f ©28.22#
Milan
ti
Genoa
28.17^©28.22X
tv
28.17 *©23.22 *
Naoles
New York
i
Rio de Janeiro
Bahia
Buenos Ayres..
The
.
•
•
•
•
“
!
.
Valparaiso
•
»
•
•
j
Bombay
•
....
.
.
.
:
....
i
Penang
,
......
i
.
....
Singapore
Alexandria....
.
Dec.
Dec.
Dec.
Dec.
31.
29.
24.
25.
1
* * * *
’
Dec. 30.
....
i
....
[From our
own
6
Annexed is
....
j
3
•
mos.
•9(&
serious difficulties ; but
ducted with
more
our
there is
a
confidence and
Turin, Florence
extensive scale.
5
6
5%
Antwerp
4%
Bremen
4)4
4y.
Leipzig
6
6©S
Genoa
Geneva
4
5)4
3%
5)4
Copenhagen
New York
a
4%
6
3#
3*
6
..
4#
4%
5
5
.4
5©5^
5.54@6
statement
1870.
£
1871.
£
1872.
£
24,942,962
26.104.809
25,907,334
6,286,109
20,283,268
7,367,901
25,024,563
bank post bills
Public deposits
Other deposits
Government securities.
Other securities
Reserve of notes and
coin
Coin and bullion ir.
both departments....
12.925,669
Bank-rate
Consols
trade comparatively free from
hope that business, will be con¬
on a more
4)4
and
Rome
4)4
Circulation, including
correspondent.]
London, Saturday, Jan. 2, 1875.
The holidays and the work incidental to the close of the year
have materially interfered with fresh business ; but, taken as a
whole, the prospect is encouraging. It is not expected, indeed,
that there will be any departure at present from that policy of
caution which has now been prevailing for some years, and
has, undoubtedly, kept
Brussels
8)4
showing the present position of the Bank
England, the Bank rate of discount, the price of Consols
the average quotation for English wheat, the price of Middling.
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and the Bankers’ Clearing House return, compared with the
four previous years :
,
which
Open
market
per cent, per cent.
rate,
of
\s. 10?8 a.
U. 10 11-1M.
4 >% 2 !.(</.
5s. 8%d.(&58. 9d.
;;;;
Bank
6
6
celona
Lisbon and Oporto....
St. Petersburg
..
mos.
the leading con¬
money at
3#
Madrid, Cadiz and Bar¬
1
i
•
Calcutta
Hong Kong...
Shanghai
$1 86
26>£«
....
....
•
days.
days.
::::
1
•
..
60
90
...
4X<3b...
.
3)4
Berlin
Frankfort
Vienna and Trieste....
•
,
Dec. 31.
Dec. 17.
..
4?£©
the rates for
Hamburg...
•
4^©....
4#©.
4
Amsterdam
....
.
by the joint-stock banks and dis¬
follows:
Per cent.
Bank Open
rate, market,
per cent, percent.
Paris
j
....
Pernambuco..
Mull te video...
are
.
■
•
....
following
6.24?*
119X
-
....
are as
tinental cities:
....
....
deposits
Discount houses at call
Discount houses with7 days’ notice
Discount houses with 14 days’notice...
116*50
mos.
short.
<(
....
@5#
©5X
„
11.82
25.17
20.25
25.19
tv
20.78
....
RATE.
short.
....
2.
5
Jointstockbanks
2.
Jan.
5
The rates of interest allowed
count houses for
*
Paris
Paris
Vienna
Berlin
30 and 60 days’ bills
3 months’ bills
EXCHANGE ON LONDON.
RATE.
6
Open-market rates:
AT LATEST DATES.
EXCHANGE AT LONDON—
JANUARY 1.
Percent.
4 months’bank bills
4#©5
6 months’ bank bills
4^©5
4 and 6 months’ trade bills. 5 ©6
Percent. |
„
Bank rate
K.lt’ESOF GVCHANGE AT LONDON, AND ON LONDON
1873.
£
1874.
£
26.135,003 26,406,600
7.806,967
18,689,294
12,900,078
18,902,267
8,852,970
11,035,629
21.481,632 21,061.681
14,996,440 13,270,325 13,304,742
20,950,268 23,972,130 22,846,918
1.3,234,919
14,646,351
13,453,093 11,811,615
10.351,263
20,382 934 25,291,761
2)4 p. c.
923Jd.
21,155,922
24,014,298 22,618,685 21,492,793
3 p. c.
5p.c.
92«d.
91^d.
4)4 p. c.
92d.
6 p. c.
91?,'d.
44s. 8d.
English wheat
"...
52s. 3d.
55s. 4d.
56s. 4<l.
61s. 8d.
Mid. Upland cotton
7 15-163. 19 15-lHd.
10Xd.
8>;d. *7 5-16d.
No.40 mule yarn fair 2d
*ls.
Is. 3d.
Is. U(d.
Is. 1 &d. la. 21ad.
quality
Clearing House return. 93,041,000 140,906,000 103,057,000 105,550,000 94,892,0(0
..
The
still
unsatisfactory state of the relations between employers and
* Price Dec. 24.
employed will, no doubt, check any rapid improvement ; but,
The following are the Bank of England returns for the past
with a more settled money market, an excellent revenue, and
year, together with the changes which took place in the rates of
cheap wheat, a strong tendency to improvement must, at least, discount:
be
apparent.
BANK OF
ENGLAND
RETURNS—1874.
When we talk, however, of a more settled money market, the
Govern- ]
Other
ment
Circula- ; Public
1874.
| Other Reserve. Bullion.
question naturally arises, will there be more steadiness in it this
tion.
'Deposits. Deposits. securit's. jsecurifs.
year than there was in 1874 and 1873 ? The latter year was one
j ^
£
£
£
£
£
£
|
of considerable disturbance ; but, in 1874, an improvement took Jan.
7. 26,482,3231 5,372,590 21,576,202 15,495,266:17,923,467 11,846,296 22,943,721
14.. 26,334,000 j 5,143,504 20,335,733 15,195.266! 16,6145,803 1,449,408 •22,864 168
place, for while, in 1873, nine per cent, was reached, the highest
21.. 26,172,662 ; 4,854,641 20,5*6,533 14.793,266!: 6,719,458 12,288,231 23,073,396
23.. 25,719,300 5,619,8 i7 20,004,508 14.245,266|! 6.984,625 2,725,881 23,085,241
quotation in 1874 was 0 per cent.
The bullion movements
Fel>.
4.. 26,396,3T5| 6,081,109 17,700,293 13,807,455:16,981,323 11,293,259 22,303,189
in
the two years were
almost equally important; but
11.. 25.699 442
18.. 25.376.387' 7.788,3>4' 18,106,583*
as trade in 1874 was contracted, while wheat was about 15s.
per
25.. '25,203.721 j-8,080,644; 17,031,844,
quarter cheaper than in the preceding year, the demands upon Mar. 4..;2o,06\524 9,077,120 17,151,031
11.. 25,524,836 ' 9,695,405; 17,160,524j
the money market had become greatly reduced.
Had it not been
18.. 125,847,344-10,100,202 17,385,237j
25.. i 20, f 07,240J 10,654,3651,6,804.555
for this the value of money in November last would have no
April 1.. '27.014,4071 9,700,318 18,740.220
doubt advanced to nine per cent. As the German
8.. 27,0X5,459 6,886,239i 19,684,207;
coinage opera¬
15.J26.821,797 6,687,952; 19,004,194 13,803,274 19,220,443 10,801,941 22,238,650
tions are still in progress, while France is certain to continue I
“
22..:26.570,180 i 8.083.500 17,298,300 13,803,274!;9,203.720 11,063,185 22,239,185
(i
29.. 26.020,416 14,563,122'17,993,9301 13.803.274 i 26,432,169 10,393.818,21,654,753
her effort to return to specie payments, our money market !
! May 6..;27,049,065 7,113,589; 20,012,501 13,803,274121,784,564 9,608,652i21,289,947
13.. 20.814.412; 0
must, it would seem, be subjected to considerable uncertainties ;
6,885,419 18,870,487 j 13,803,274! *>0,247,272 9,792.694|21,228,299
20.. 126,558,0671 6,785,152:18.188,693 13,905,461 18,723.678 10,468,005 21,616.835
and it will not probably be until financial matters in Europe
27.. 26,132,033: 7,023,992 17,993,472 13,9)5,461!18,200,419 10,989,440'21,760,235
‘
“
“
“
i
,
“
“
“•
“
“
*•
,
“
••
have returned to their normal state that the future of the money
market can be calculated with any degree of certainty. It may
even
was
be said that
a
we
but
as
financial centre to
one
another, the exchanges are suddenly and
marked degree changed.
It is to be hoped, however, that
shall be less liable
as
regards this
ments in connection
to
such
important operations in bullion
we cannot
“
17.. 2H,925,057
21.-26,250,855
J ill v
with the German
coinage
some
of
;
“
Aug.
*•
complete, and
her huge supply
i Sept.
i
“
are
gold.
The Bank return
published this week shows changes incidental
to the close of the
year, and no sound opinion can thus be
gathered from it. In consequence of the liberal arrivals, and the
absence of any export demand, there has been an increase of
<£468,768 in the stock of bullion, and since the return was com
piled, a further important addition has been made to it. The
labilities of the Bank have, however, been largely, though tem¬
“
“
be certain until the final arrange¬
until the Bank of France has released
of
3.. 20,423,542 8,047,544 17,487.004 13,904,108! 18,338,146 11,439,336 22,391,896
10.. 26,384,877 1 7,691,288; 17,847,892 13.906,154 17,999,621 11,686,791 22,696,716
before the war,
created, and that
in
money market will be less reliable than it
for large amounts of securities have been
these are being frequently transferred from
our
-;
June
•
1 ..27,451,091!
8.. 27.042,241!
15.. 127,002.745
22.. i27,303,93029.
4,334,775!l9,521,232 13.594.013116,880,097 11,745,244123,0:8.119
27,231,683 4,625,486,19,002,556; 13,566,376; 17,597,576
9. 26,887.394) 4,751629 18,874,4481 13,531,37'6 1 7,030.846
10. ! 26,637,756i 5,045,815 18,902,607, 13,531.376116,983.034
23. 26,436,4291 5,720.570; 18.386,025; 13.533,689 17,007,036
'2.
30.
Oct.
14.
21.
26.
Nov. 4.
11.
18.
Dec.
27,071,025
5. 127,708,9171
32. 127,358.259;
9. 26,900.8901
26. 20,72 \523i
13.913.774.17.792.274 12,995,7:34 2:3,625,6:34
! 3.839,394; 17,623,326 13,074.740 23,969,450
9,705,890 20,158.029 13,601,093; 22.584.779 11.839,686 23,9-29,601
5,427,280- 19,904,380 14.212,352; 18,466,804 10,980.731 22,256,8544
3,825,205 19.929.490 14,225.691 17,024.322 10,833,624 23,047,719
3,621.592:19,750.967 14,025,691.16,400,551 11,242,290 23,190,065
3,320,617.19,307,919, 13,627.072 16.553,948‘10,773,293 22,478,318
3,243,840118,803,8^7 13,593,459; 17,605,969 9,208,074,21,539,939
3.801,708 18,597,159 13,593,459 17,352,429 2,902,795 21,858,445
4,247,349118.860,872 13,594,013 16,882,036 11,051,593 22,541,378
25.
2.
9.
10.
23.
30.
127.660,229 5,208,033' 19,030,608! 13,533,689:19,187.420
! 28,00t,744i 4.250,573 22,380,871! 15,340.156:19,286,270
28.038,431; 3,957,287,21,947,749; 15,340,156 19,206,267
27,440,9501 3,561,427<21,920,053j 14,740.156-19,380.171
27.120,020; 3,615,366121,091,174 14,041,832 19,114.406
j 27.691.238: 3.376,997; 19,585.331 14.0 »l,832j 18,528.362
27,180,092; 3,396,355 19,316,592j 13,541,832|18,185,819
26,748,494! 3,831,202 18.042,559 13.5:34.656'17,543,557
26,153,036! 4,475,788jl7,820,567; 13.584,656! 17,456,157
26,656,138: 4,702,126117,769,211; 12,879,615:18,913,802
26,035,571! 5,537,679 15,831,642 2,879,6 5 16,831,469
25,772,505 5,832,443! 16,6a3,75?: 12,879,615 17,211,646
26,122,235 6,587,949 ’ 16,224,116 12,879,615'17,665,874
26,400,600 7,806,967 18,689,294- 2 900,078 21.155.922
11,106,302,22,98:3.677
11,745,772 *23,244,107
12,121,550:23,864,615
12,291,969123,315,964
10,813.305128,090,300
10,036,222:22,689,572
9,405,020 22,066.256
9,425,229'21,456,594
9,595,166' 21,341,381
8,829.601:21,098,541
9,037,697 20,824,297
8,807,719:20,201,674
9,291,009!20,124,114
8,639.905 19,951.345
9,629,937;20,316,262
10,379,420|20,837.) 55
10,210,250,21,024,025
10,.351.263 21 492.793
[January 23, 1875.
THE CHRONICLE.
76
Open
14
2
44
■
it
3#®3/s
3#®3#
3#
3#
28
44
3#
3#
4
February
4*
3
11
18
25
i
it
4
11
18
25....
1
8
15
22
29
o
13
20
27
3
10
17.
24
March
'
it
H
i i
April
it
((
it
..
May
4 i
4 4
June
44
44
.
<»
«j
3#
3»/4
3#
3#
3#
3#@3#
3-*®3#
3#®3'/2
®0#
3#@...
3 #@...
3#®3#
3 *4 @3#
4
4
4
4
3#® 3 *«
3# @4
3)4 @3#
3#®3 i
3 *h ®3#
3#®3*4
.
3#
2#®...
2#®...
2#®2 4
3
3
2#
2#
2#
..
it
August
O
2#®..:
.
following were the
of the last three years :
The
3
4
4
2#@2#
3# ©4
3#®3#
Taxes
3/4
8*®3#
2 #@2#
2 ®
2#®2#
2y,®2#
2# @2#
2#®3
Telegraph service.
O
v
3
3
9
16
23
3
3
3
3
4
4
4
4
4
5
5
6
6
.......
30
7
14
October
44
21
28
November 4
44
11
%4
18
25
December 2
9
44
16
44
23
it
30
44
....
6
6
6
2#@...
£
Jan. 7
“
11
“
21
“
28
Feb. 4
“
11
“18
“
on
Mch~4
“
“
“
11
18
25
Apr. 1
“
8
“
15
“
13
20
134,842,000
81,041,009
138,611,000
88,690,(00
126,453,000
122,947,000
8 >,699,000
106,854.000
139.065,000
29
“
94,132.090
22
“
102,958,000
131,737,000
108,679,000
122,814,000
112,038,000
£
95,562,000
137,743,000
MayG 101,338,000
“
129.625,000
98,619,000
“
27 85,523,(XX)
J’ne3 139,434,000
“
91,539,000
130,995,000
V “24 89,449,000
Julyl 142,045,000
“
10
17
£
359,400
Miscellaneous...
.
March 31.
1873.
3 #©3#
s#®3#
£5,299,000
Customs
Excise
3ytmxA
3#®3#
4#®4#
7,914,000
.
2,615,000
1,881,000
4,934,000
1,240,600
Stamps
Taxes
4#®...'
Property tax
5#©5<4
5)4®...
Post-office
£
£
1,430.000
300,000
1,470,000
300,000
136,000
1,059,611
5,750,000
£15,981,594 £18,304,611
£76,505,790
72,000
78,000
1,244,594
852,521
5^®...
5 @5*4
5#©5#
Miscellaneous
There lias been very
J been
£
120,225,000 July 8 113,826,000 112,659,000 116,081,000
15 135,894,000 1:83,613,000 lll.a37,000
101,803,000
22 99,110,000 107,142,000 135,605,000
137,187,000
“
29 147,553,000 96.013,000 89,556,000
101,062,000
136,258,000 Aug. 5 113,9:16,000 134,235,000 126,023,000
12 114,351,000 109,852,000 99,001,000
103.686,000 97,942,000
19 123,610,000 128,502.000 126,913,009
143,202,000 131,827,000
26 94,359,000 90,051,000 80,245,000
100,203,000 101,365,000
181,770,000 144,097.000 Sept.2 124, 828,000 122,481,000 126,179,000
94,479,000 92,852,000 90,659,000
96,327,000 98,21/2,000
“
16 118.792,000 117,608,000 128,695,000
134,166,000 128.894,000
2i 94.001,000 84,602,000 102,122,000
96,749,000 96,285,000
30 124,085,000 125,587,000 129,065,000
136,024,000 124,851,000
109,1)71,000 91,072,' 00 Oct. 7 111.615,000 110,024,000 115,538,000
14 125,766,000 110,067,000 103.196,000
79,207,000 122,589,000
21 108,8*5,000 137,845,000 186,097,000
139,675,000 107,477,000
“
28 117,164,000 93,397,000 83,428.000
112,535,000 116,590,000
109,294,000 119,118,000 Nov. 4 107,273,1)00 146.552,000 134,461,009
11 93.780,000 99,761,000 92,070,000
98,592,000 102,304,000
18 128,418,000 138,197,000 132,673,000
141,834,000 141,751.000
“
25 86,413,000 8y 496.000 88,752,000
95,092,000 83.795,000
126,621,000 129,6.54,000 Dec. 2 131,408,000 143,876,000 135,623,000
f 91,643,000 105,553,000 103,830,000
91,731,000 98,232,000
v“ 16 126,625,000 135,483,000 122,826,000
131.646,000 236,269,000
23 82,517,000 102,609,000 102,714,000
97,459,000 97,705,000
30 130,057,000 105,550,000 94,892,000
148,393.000 134.436,000
“
“
“
“
“
“
“
“
“
“
“
“
“
“
2,606,000
26,562,000
10,472,010
2,357,000
6,831,000
5,532,000
24,000
271,000
1,240,000
290,600
135,000
757,440
90,000
457,000
1,872,000
460,000
70,000
1,276,439
1,130,600
0,000
3
3,698,077
£77,712,677
little demand for gold for export, and as
£24,924,034 £17,681,114
Totals
Year
Ended
Dec. 31,
1873.
6,862,000
2,606,000
5,499,000
1,013,114
381,000
3,992,390
£5,579,000 £20,740,000
£5,012,000
100,000
75,000
110,000
651,000
Crown lands
1873.
£4,&50,000
6,287,000
2,645,000
362,000
1,169,000
1,180,000
1,259,400
Dec. 31,
1873.
Sept. 30,
June 30,
1873.
280,000
Telegraph service.
2,438,000
5,466,000
48,000
251,000
Quarters Ended
2#®2#
3 #©3#
27,368,000
10,458,000
7,077,000
2,603,000
349,000
£24,547,064 £17,672,521
Totals
£17,342,439 £17,765,040
considerable arrivals, rather a
sent into the Bank. Bar
and Mexican dollars have
114,036,000
145,035,000
112,875,000
103,831,000
149,242,000
413,000
95.000
8:15,664
Crown lands
• • •
1874-
1,072,000
1,350,000
300,009
l,500,Ci 0
there have been
1873.
1872.
1874.
3,794,000
£5,363,000 £19,393,000
5,437,000
2,448,000
129,100
6,330,000
2,693,000
Post-office
1874.
£4,572,000
£4,563,000
2,714,000
1,848,000
.
Property tax
Clearing-House returns for each week
1873.
8,524,000
Stamps
bankers’ clearing-house returns.
1872.
£4,898,000
Year
Ended
Dec. 31,
1874.
Dec. 31,
1874.
1874.
1874.
2#®... \ Customs
2#®2# Excise
September 2
44
March 31,
2*
21/,
2H
15
22
29
5
12
19
26
3 *'H
3#
3*4
3#
3#
..
44
..
3#
1
July
®S#
®...
3# @3#
3#®,..
3^®
Rate.
8
July
3
3
Market
Rate.
ket Rate.
4
7
January
Bank
1874.
Open Mar-
Bank
Rate.
1874.
Quarters Ended
June 30,
Sept. 30,
large amount has
silver has been disposed of at57£d.,
realized 59d. per ounce.
Very little business has been transacted in the stock markets
during the week ; but, on the whole, the tone has been firm
Spanish stock has attracted more attention on the nomination op
Prince Alphonzo to the throne, aud Erie Railroad securities have
improved in values, the report just received in extenso having
created a somewhat favorable impression.
The weather has been severe during the week, about twelve
degrees of frost having been registered. There has not, however*
been any animation in the corn trade ; but.a firm tone prevailsf
and prices have had an upward tendency.
The quantity of wheat
afloat is estimated at 1,584,010 quarters, against 1,349,910quarters
last year.
The following
figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest—viz.:
from September 1 to the close of last week, compared with the
corresponding periods in the three previous years :
IMPORTS.
is an analysis of the new companies introduced
in 1874, the larger proportion of which, however, failed to gain
the support of the investing public:
The following
No. of
Capital
Capital
Offered.
Companies. Authorized.
£10,080,090
Manufact’ng and Trading.. 61
4,700,000
Railway
7
4,685,000
Investment
3
16
Banking
Colliery
4
2
10
g
3
2
1
3
1
5
Insurance
Financial
Mining
Shipping
Water Works
Telegraph
Tramways
Gas
Hotel
Miscellaneous
123
Total
£6,188,500
4,010,000
2,929,480
1,750,000
1,442,500
3,000,000
1,960,000
1,110.00)
1,100,000
754,000
Deposits.
£2,263,900
7(7,500
523,380
250,000
563,500
82,500
270,000
147,000
700,01.0
630,000
530,000
555,000
1,050,000
291,000
450,000
570,000
480,000
200.000
200.000
155,000
144,000
40,000
124,000
10,000
462,000
£5,504,880
174,000
10,009
1,145,000
"
£30,833,000
Companies already in existence
102,500
asked for the following capital.
Capital
Capital
offered.
Collieries
Investment
called up.
£17,184,300
2,265,000
2,000,000
Railway*
£14,215,535
2,065,000
1,450.000
746,780
91,500
45,000
231,250
849,780
Manufacturing and trading
435,000
270,000
Gas
Banking
250,000
Financial
2211,600
100,000
100,000
90,000
35,000
217,600
1,215,300
1,026,975
£25,023,930
£20,377,390
Water
Shipping
Telegraph
Insurance
Mining
.
Miscellaneous
Totals
The
n
•»•••••••
• •
following loaus for foreign governments were
100,000
90.000
IK), 000
7,750
introduced
1874:
foreign loans,
Paid
Issue Price.
per cent
Canadian, 4 per cent
Hungarian, 6 per cent
Ottoman, 5 per cent
Santa Fe, 7 per cent
Totals
of Stock.
75#
90
£1,410.000
4,000,000
7,500,000
15,900,000
300,000
£1,037,200
3,600,000
4.875,000
5,408,000
276,000
£29,140,000
Loan.
£15,244,200
91#
43#
92
2.948,504
-
up.
following is an abstract of the gross produce of the revenue
Kingdom in the undermentioned periods, ended
December 31,1874, compared with the corresponding periods of
The
preceding
year:
6,599,884
3,721,538
3,707,840
316,455
576,394
1,023,112
888,194
8,806,979
2.265,548
364,055
1,273,70)3
7,214,946
2,933,254
Oats
:....
Peas
Beans
Indian Corn
5,969,397
1,876,781
2,651,151
Flour
3.228,431
1,262,634
EXPORT8.
17,825
Barley
23,079
Oats
6,517
Peas
Beans
.
Indian Corn
Flour
..
....
8.251
*33.982
3,849
488
632
1.457
60,605
6,427
10,329
68,467
91S
32,652
27,507
-
1,523.343
109,856
4,368
16,331
2,715
1,334,128
Wheat
8.084
24,693
Busllwh Market ICcports—Per
Cable.
Thedaily closing quotations in the markets of London and Liver,
pool for the past week have been reported by submarine telegraph
as
shown in the following summary:
Money and Stock Market.—United States securities,
slight fluctuations during the week, close steady at
the opening prices.
The bullion in the Bank of England has increased £291,000
during the week.
London
after
some
Fri.
Mon.
Tuee.
Wed.
Thnr.
92#
92#
92#
92#
92#
92#
92#
92#
92#
0. S. 6s (5-20a,)1865,old..l07#
“
“
1867
107#
U. S. 10-408
104#
107#
107#
107#
107#
107#
102#
102#
Sat
Console for money
“
account
102#
New 5s
Tbs quotations
IT. S. 6s(5-20s) 1862
102#
.*2#
92#
92#
101#
101#
107#
104#
107#
104#
102#
107#
1U4#
107#
104#
102#
for United States 6s (1862) at Frankfort were:
98#
98#
....
98#
...
Liverpool Breadstuff# Market.—This market closes quiet. Red
higher, California club 2d. lower, and corn
Western wheat is Id.
Is. lower.
p.
Flour (Western)
# bbl
Wheat (Red W’n. spr)..$ ctl
d.
21
0
8 6
(Red Winter)
“97
(Cal. White club) “
9 9
Corn (W.m’d) n’w $ quarter 39 6
Peas (Canadian).. £ auarter 43 6
“
Liverpool Provision» Mark
lower.
Tues.
s.
d.
21 0
8 6
Mon.
Sat.
“
f the United
191,933
Liverpool Cotton Market.—See special report of cotton.
1874.
Amount
Belgian, 3
16
18,415,602
15,469,158
Barley
87,000
5,000
163,600
£20,512,430
Wheat
1871.
1872.
1873.
1874.
d.
21 0
8 6
s.
9
9
39
43
7
9
3
6
-
9
9
7
9
39
43
0
6
Wed.
s,
d.
21 0
8 6
9 7
9 9
39 ’ 0
43 6
Thnr.
d.
s.
21
8
9
9
39
43
.—Pork, bacon and lard
0
6
7
8
0
G
Fii.
d.
21 0
8 7
-
s.
9
9
38
43
are
7
7
6
G
al*
d.
6
6
9
0
6
77
83
Bacon (long cl. mid.)$ cwt 47
Lard (American) ... “
66
CheesefAmer’n fine) “
69
Beef (iness) new # tee
Pork (mess) new $bbl...
d.
s.
77
83
47
65
69 6
Liverpool Produce Market.—This market
past week, prices remaining unchanged.
d.
s.
59
Rosin (common)... $cwt..
44
17
44
dne
d.
8.
0
9
d.
77
82
46
64
69
Thar.
Wed.
8. d.
8.
9#
9
9
s.
5
17 0
9*
d.
9
5
17
59
17 0
0
17
9
0
9%
Petroleuui(reflned)....$ga!
(spirits}*
59
59
17
6
6
0
0
6
9*
6
6
0
0
6
Frl.
d.
9
0
9X
9#
Sat.
£ s. d.
Lin8'dc’ke(obl).$ tn 11 15 0
60 0
Lluseed(Calcutta)....
Sugar (No. 12 D’ch std)
24 0
on spot, $ cwt
Sperm oil
© tun 103 0 0
Whaieoil
“
30 10 0
25 6
cwt.
Linseed oil...
6
0
9
42 6
37 0
26 0
42 6
37 0
Taes.
Wed.
Thur.
Fri.
Mon.
£ 8. d. £ 8. d. £ s. d.
£ s. d. £ s. d.
11 5 0 11 5 0 11 5 0 11 5 0 11 5 0
59 6
59 6
59 6
59 6
59 6
24
0
0 103 0
0 30 10
25
6
24
103 0
30 10
25
24
0
0 103 0
0 30 10
25
9
24
0 103 0
0 30 10
9
25
0
24
0
0 103 0
0 30 10
6
25
CiniVfBRUlAfi AND AlHCMSfiLAiVKi)JS
First class
Second class
Third class
Fourth class
75c.
70c.
60c.
45c.
45
Special class.....
The new tariff to Omaha is
Old.
$1 00
90
75
60
..
35c.
$2 05, $1 70, $1 40, $1 10 and 90c.;
to Cincinnati, 92c., 83c., 70c., and 67c.; to Milwaukee, Wis., $1,
90c., 75c., 60c., and 45c.; to Detroit, Mich., 70c., 63c., 53c. 42c., and
32c.; to Louisville, Ky., $1 13, $1 02, 86c., 71c., 55c.; to New
Orleans, La., $1 50, $1 35, $1 15, $1, 80c. The rate from Balti¬
remains 30c. per 100 pounds on fourth-class freight.
Toledo Wabash & Western.—The Tribune of Friday says:
An informal meeting of the directors of the Toledo Wabash &
Western Railroad was held yesterday to consider the financial
more
42 6
42 6
42 6
37 0
37 0 87 0
26 0
26 0 26 0
0 26 0
London Produce and Oil Markets.—Calcutta linseed and linseed
cake have declined, while linseed oil is quoted 3d. higher than on
Saturday last.
?allow(American)...$ cwt. 42
Cloverseed (Am. red)., 44
37
Spirits turpentine...... 44 26
New.
Fri8.
has ruled steady the
d.
b.
77
82
47
65
69
6
0
0
0
6
77
83
47
64
69
Tuea.
Mon.r
Sat.
d.
b.
6
0
6
6
6
77
88
47
64
69
6
0
9
0
Thar,
8. d.
Wed.
Tuee.
s. d.
Mon.
Sat.
s.
77
THE CHRONICLE.
January 23, 187 5.J
0
0
0
9
iNEVVi.
difficulties of the company.
President Cox announced to the
Executive Committee that one-fourth of the bonds of the road
had been sold, and that the prospects of the company were hope¬
It was resolved to press the sale of the bonds to the utmost,
ful.
the directors being determined not to yield until the last moment.
They will continue to meet from day to day at
the call of the
President.
West Wisconsin.—The management of this road has been
changed, Mr. D. A. Baldwin, the original projector of the road,
and its only president until now, is to be succeeded by Mr. H. H.
Porter, late general manager of the Chicago & Northwestern
Railway. Mr. A. H. Baldwin, son of the original president, is
succeeded as vice-president by ex-Judge, J. H. Howe. The failure
to pay interest is attributed to the effects of the Potter law.
The
president denies that the Northwestern Company intends assum¬
ing control of the West Wisconsin road.
Telegraph.—The Great Western Telegraph
The Tribune says that the exact
terms of the lease are not known, but it is believed that the
Western Union is bound to pay the other’s entire floating indebted¬
against $5,803,864 last week, and $4,971,137 the previous week.
Tbe Great Western has been in the hands of a receiver
ness.
The exports are $4,659,275 this week,against $4,224,416 last week,
for some time, and its leasing was positively necessary to meet
and $4,219,239 t'ie previous week. The exports of cotton the
the demands of its creditors.
past week were 3,397 bales, against 3,277 bales last week. The
Union Pacific.—In the United States Supreme Court, Union
following are the imports at New York for week ending (for
dry goods) Jan. 14. and for the week ending (for general mer¬ Pacific R. R. Co. agt. McShane, appeals from the Circuit Court
of the United States for the District of Iowa.—Mr. Justice Miller
chandise) Jan. 15 :
delivered the opinion, holding that the State of Nebraska cannot
FORKI3N IMPORTS AT NKW YCUK FOR TUB WBBK.
1875.
1874.
1873.
1872.
levy taxes on the lands granted to the Railroad Company by
$2,202,498
$2,943,255 Congress, where no patent has been issued, and the costs of sur¬
$3,435,699
$1,617,99)
Dry goods
5,509,756
4.261,417
7,846,463
4,631,2; 5
General merchandise..,
veying the lands remains unpaid ; that when the patent has been
$7,712,254
$7,204,672 issued the contingent right of pre emption which the act of Con¬
$11,282,162
Total for tne week..
$6,219,201
7,254, .24
5,803,864 gress declares, if the lauds are not sold withiQ three years after
5,348,106
7,495,6'»7
Previously reported....
the completion of the road, does not defeat the right of the State
$14,966,378
$13,008,536
$16,630,268
Since Jan. 1
$13,714,SOS
Impoiirs and Ex;pouts poit tub. Wiser.—The imports this
week show an increase in dry goods and a decrease in general mer¬
chandise.
The total imports amount to $7,204,675 this week,
Western Union
Company has been leased.
to tax
In
report of the dry goods
our
trade will be found theimportsof
the lands.
—The
Affirmed.
following statement is made of the
U P. Land Depart¬
dry goods for one week later.
ment.—The sales of the past year have been larger than during
The following is a statement of the exports (exclusive of specie)
any previous year.
From Dec. 1, 1873, to Dec. 1, 1874, they were
from the port of New York to foreign ports, for the weekending
245,814.48 acres, amounting to $1,137,700.30. The sales for the
Jan.19 :
previous year were about $985,000. The total sales to Dec. 1,
EXPORTS FROM NKW YORK FOR TRK WBBK.
1874, were : number of acres, 1,078,780.92 ; amount received
*
1873.
1875.
1872.
1874.
For the week
$4,006,015
$4,586,333
$5,960,132
$4,659,275 $4,911,892.29.
—We are glad to see the very decided improvement in the
5,409,162
Previously reported..
7,968,329
9,415,390
8,473,655
business of the Mercantile Mutual (marine) Insurance Company
$9,415,177
$12,554,662
$13,132,930
Since Jan. 1
$15,374,522
during the past year. From its annual statement, which will be
The following will show the exports of specie from the port of found in our advertising columns, it will be noticed that every
New York for the week ending Jan. 16, 1875, and since the item indicates progress.
The total business, notwithstanding the
beginning of the year, with a comparison lor the corresponding general depression, is about the same, but the losses and expenses
date in previous years :
are considerably less, so that the net result is much more favor¬
Jan. 12—Str. Columbus
II ivana
American gold coin.. [$25,000 able. They have paid $155,756 29 cash rebate to dealers, and
...Paris
Gold bars.
54,000 now announce their usual five per cent semi-annual dividend to
Jan. 13—Str. St. Laurent
American gold coin..
674,840
Jan. 13—Str. City of Antwerp.. .Liverpool
Silver bars
5,400 stockholders.
Jan. 13—Str. Algeria
American gold coin..
250,000
Liverpool
—Messrs. John J. Cisco & Son have issued a pamphlet contain¬
Jan. 14
Str. Suevia
Hamburg
Silver bars
..
91,107
Paris
U. S. trade dollars...
37,000 ing, in convenient form, information in regard to the Houston &
Mexican dollars...
16,000 Texas Central Railway co npany.
Tbe road has 508 miles of road
Gold bars
15,000 in
operation. The earnings during 1874 were $3,166,368 27, and
Silver bars
92,000
.
-
.
American go'd
American gold
coin
coin..
700.000
9,700
American gold coin..
15.769
Chauncey..Punta Arenas.American gold coin..
Liverpool
American gold
25,000
London
Jan. 14—Str.
City of New York.Havana
Jan. 16—Str. Henry
Jan. 16—Str. Gaelic
.
Spanish doubloons..
Mexican silver
Silver bars
2,062
12,500
$1,268,754 26. Of tl.e
construction.
the expenses $1,897,614 Cl, leaving net
expenses over $300,000 were properly chargeable to
The total interest obligations of the company are $947,500, so
that the excess of income above expenses and interest charges
was
21.000
$321,254 26.
281,684
Total for the week
Previously reported
2,216,121
BANKING AND FINANCIAL.
$2,323,069
Total since Jan. 1,
Same time in—
1874
1875
$4,544,190
Same time In—
!
1
1869
1868
945,292 1867
1,781,733 i1 1866
$1,335,938
1873
1,316,681
The
been
Made
Merida....Yera Cruz
during the past week have
$33,367
Silver
9,738
1.800
Gold
Gold bullion
100
Silver
...Curacoa
Jan. 13—Str. Atlas
Gold
...
6,328
Total for the week
$56,333
Previously reported
33,602
$89,935
Total since Jan.
Same time in—
1874
1873.
1872
1871
.,
1, 1875
,
Railroad Freight
freight rates Jan. 20.
Same time in-
$32,312
53,609
61,540
159,416
Cotton in store.
R. M. WATERS & CO.
follows:
Jan. 11—Str. City of
on
|1
imports of specio at this port
as
1870
1869
1368
1867
Y.
ADVANCES
|
1872
1871
1870
RAILROAD BONDS.—Whether you wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N.
$270,377
169,905
95,049
’123,388
Rates.—An advance was made on Western
The new and old rates are given below :
STOCK
PRIVILEGES.
gain and safety, 44 Puts,” “Calls” or “Double Privilege14
used in stock speculations by the largest operators, and very
As a matter of
contracts are
large sums are ofteu realized from
moderate investments.
THEY COST FROM $50 TO $3C0.
Contracts negotiated through us are obtained at the best
and on responsible parties.
WE ISSUE A PAMPHLET FREE,
rates in the market
explaining the various modes of operating, also showing how lar^e profits
realized from moderate risks. AH persons having any interest in making
money should send f®r a copy. Any information relating to stocks cheerfully
furnished, and how the fluctuations of the market may be best taken advan¬
tage of. Address, for particulars,
TUMBRIDGE & CO., Bankers and Brokers
2 Wall street, corner Broadway, N. Y.
are
J. HICKLING & CO., BANKERS AND BROKERS, 72 Broadway New
York, have for sale 30-day Puts, 1 per cent, below market price, Calls 1#
above Spreads 1 per cent, each way Send for copy of the44 Wall street Rtviewy'%
and 48 page
pamphlet ©n speculation.
Free by mail.
22..11789——SFeircsotnd
&f)e Bankers’
NATIONAL BANKS
The United States
The range in prices
of bonds outstanding
©alette.
National Banks organized the past week :
National Bank of Youngstown, Ohio. Authorized capital,
$•200,000; paid in capital, $100,000. Henry Tod, President; George
J. Margerum, Cashier. Authorized to commeuce business January
14. 1875.
National Bank of Lancaster, Mo. Authorized capital, $50,000;
paid in capital, $40,000. Charles II. Ilowell, President ; Christian
Figge, Jr., Cashier. Authorized to commence business Jan. 16, 1875.
National Bank of Batesville, Ohio. Authorized capital, $60,000 ;
paid iu capital, $30,000. F. M. Atkinson, President; A. P. Spencer,
Cashier. Authorized to commence business Jan. 18, 1875.
Company.
3%
& Missouri River, pref
com.
Cedar Rapids
(qnar.)
“
Connecticut & Passumpsic Rivers, pref....
Summit Branch
West Chester & Phila. (pref. and con?) pref
3
3
4
'
Feb.
Feb.
Feb.
1
1
1
Feb. 15
Jan. 11
Mercantile Mutual
Fire
Republic Fire
Nicholas
Feb. 1 Jan. 21 to Jan. 31
Jail. 25 Jan. 22 to Jan, 24
on
Friday.
Market and
and
State
Feb
Feb.
10
5
10
5
U.s.69, 5-20’s, 1865,
U. S.6s, 5-20’s, 1867
U. S.5s, 10-40’a
New 5s
old
107%
107%
104%
103%
..
|
1
102%
107%
107%
104%
102%
*
Highest.
Lowest.
107%
107 %
104%
107%
107%
104%
102%
Since Ja a. 1, 1875.
,
Jan. 2 107% Jan. 14
Jan. 12 108 Jan. 4
Jan. 20 104% Jan. 2
Jan. 16 103% Jan. 2
Bonds.—In State bonds the principal
has been in Tennessee?, which declined
strength of a despatch from Nashville,
Railroad
movement of importance
to 49 to-day on the
5
Insurance.
Money
inclusive.)
5
5
Pacific (quar.)
The
(Days
3
National Citj' (quar.)
St.
P’able.
CLOSED.
*
Hank*.
Peter Cooper
HOOKS
Jan.
v2.
Jan.
15.
Jan.
8.
VV11EK
Cent.
Railroads.
Metropolitan
Coupon.”
5(119 Jan. 22$193,257,650
8:118% Jan. 13
89,478,700
2 115 Jan. 13 7,794,700 103,322,(50
11(116% Jan. 21 25,098,750 32,994,050
8118% Jan. 21 33,762,900 118,771,450
8 118% Jan. 22 57.125.250 145,537,850
9 119% Jan. 22 88,052,450 222,570 300
9 119% Jan. 22 14.004,000 23,470.000
5b, 10-40’s
reg.. 114% Jan. 18(115% Jan. 22 141,272,350
53,294.950
5s,lO^O’s
coup..115 Jan. 4:116 Jan. 22
•
58, funded, 1881....coup.. 113% Jan. 2 114% Jan. 13 195.454,800 166.243,110
6s,Currency
reg.. 117% Jan. 4lll9%Jau. 22 64,623,512
Closing prices of securities in London bave been as follows:
been announced :
Per
Amount Jan. 1.—.
,
Registered.
reg..118 Jan.
63, 1881
coup.. 113% Jan.
68,5-20’s, 1862
coup 114% Jan.
6b,5-20’8, 1864
coup.. 116 Jan.
6s, 5-20’s, 1S65
coup.. 118% Jan.
Gs, 5-20’s,1865, new,coup.. 117% Jan.
6s, 5-20’s, 1807
coup.. 118% Jan.
coup.. 118 Jan.
68,5-20’s, 1868
DIVIDENDS.
Dividends have recently
of each class
68,1881
following statement of
The following
follows:
Highest.
Lowest.
furnishes the
Comptroller of the Currency
since Jan. 1, and the amount
Jan. 1, 1875, were as
,—Range since Jan. I.—.
ORGANIZED.
23, 1875
[January
CHRONICLE.
THE
78
1
1
dem.
Feb.
1
on clem.
Feb.
1 Jan. 24 to Feb. 1
Feb.
1
January 22, 1875—6 P.
M.
Financial Situation.—There
yesterday,repealed the third section
setting apart of
the bonds to
bill passed the
Senate by a unanimous mte, ,aml received but one negative vote
This was construed as meaning that the pay¬
in the House.
ments of July interest on the bonded debt would not be made
The conference of the North Carolina bondholders with the
State authorities resulted in nothing definite, though a spirit of
conciliation and compromise was shown on both sides ; one
proposition named 50 for old bonds, 40 for new, and 15 for special
tax,
a basis for funding into new bonds.
A despatch from Louisiana says that the Superior Court of
Louisiana yesterday decided unconstitutional, null and void, the
legislative’act No. 95, April 20, 1871, authorizing the issue of
$2,500,000 of eight per cent Statejbonds in payment of the stock
of the New Orleans Mobile & Texas Railroad, to aid in the con¬
staling that the Legislature
of the Funding act which provided for the
revenues of the State, enough to pay the interest on
The repealing
the exclusion of everything else.
as
controlling importance in financial
circles during the past week.
The money market is extraordi¬
narily easy, and call loans have ranged from 2@3 per cent., tlio
former rate being made to the leading government houses for
money in large blocks.
For prime commercial paper there is a struction of the branch from Vermilionville to Shreveport. The
sharp demand, and the best paper can be sold at 4 percent.! ground of the decision was that the company previously forfeited
the grant, and that the constitutional limitation of the State debt
lower grade paper, with single names, ranges all the way up to
had intervened.
10 per cent., there being still a disposition among purchasers to
The Governor of Missouri ha9 recommended the change of
the State school and University funds from IJ. S. Government
exercise considerable discrimination as to names.
bonds into new State bonds, thus furnishing over $2,000,000 fer
These phases of the money market show not only an abund¬
paying bonds coming due.
ance of loanable funds at present, but al so an expectation on the
Railroad bonds have been pre'ty active for old bonds, and
part of lenders that money is to continue easy for some time to there is more doing also in the defaulted bonds. Prices are firm
and generally advancing on those bonds which are of unques¬
come.
As speculative and business enterprises are largely based
on the prospective course of
the money market, it would not be tioned character.
In the U. S. Supreme Court, in the suit of Clark agt. The city
remarkable if this prevalent idea of continued easy money iu the of Iowa City, Mr. Justice Field delivered the opinion, holding
future should presently have a decidedly stimulating effect.
that in an action on coupons for interest; detached from the
Advices from London, on Thursday, reported that the Bank of bonds to which they belonged, the Statute of Limitations which
is that
to the bond if
England gained during the week £291,000 in bullion, the dis¬ applies to the coupons that thewhich would apply mu from the
suit was brought, and
statute begins to
count rate remaining unchanged at 4 per cent. The Bank of -time the
coupon was due and payable.
France gained during the week 15,128,000 francs in specie.
Daily closing prices of a tew leadiug bonds, and the range
The last weekly statement of the New York city Clearing House since Jan. 1, have been as follows:
Tau. 1
Si
Jan.
Jaa. Jail.
Banks, issued Jan. 16 , showed an increase of $3,398,375 in the
Jan. Jan. J
Highest.
Lowest
22.
20.
li.
18.
16.
excess above their 25 per cent legal reserve, the whole of such
22 55% Jan. 5
49% Jan.
49%
*50% *51
*51
have been
no
features of
a 00
-
an.
,
21.
being $19,538,125 against $16,139,750 the previous
The following table shows the changes from the previous
excess
and
a
comparison
with 1874 and 1873:
1875.
,
1874.
-
week.
week
1873.
Jan. 16.
Differences.
Jan. 17.
Jan. 18.
$282,972,700 Dec.$3,185,200 $268,496,500 $278,209,600
Specie
23,222,100 23,490.600 Inc. 268,500 34,310,000 21,110,800
118,700 27,093.800 27.542.200
Circulation....
21.407,600 24,288.900 Doc.
Net deposits.. 231,613,800 236,897,500 Inc.
5.233,700 231,211,103 212,588.200
Lethal tenders.
50.821.100 55,271.900 Inc. 4,450.800 55,418.500 44,420,900
United States Bond*.—Government Securities have
been
strong and active, and advanced on the week about ^ to | per cent
on the various issues—the funded 5’s
showing the least change.
Jan. 9.
Loans
anadis. $286,157,900
continues to be large from home
investors, and the bonds which have been returned from Europe
have been very easily absorbed.
Washington dispatches -ire port
that the Loan Syndicate, which took the 5 per cent bonds, have
The
demand for governments
applied for an extension of their contract for six
February 1 ; the application is under advisement,
will be rendered in a few days probably in favor of
Closing prices daily have been as follows :
months from
and a decision
GsTenn., news...
6s N. Car.,old....
6s N. Car., new...
6s Virg., C0ii80lld
do
2d series.
5s S. C.t J. & J
6s Mo. long bonds
*52%
*26%
*16
51
21
*16
*55%
*33
*94%
*2>%
*27
*16
*:6
.
.
*55
95
*32
95%
C. &
Tsld 1st 7s...
N.W.goldTs
*105% 105%
82
82%
105%
82
32%
*32
*95%
*<27
*16
*55
95%
112%
*93%
91%
*9i%
81%
Jan.
Jan.
29
7
Jan. IS
1G
Jan.
7
....
.
.
.
•
‘31
*91*
•81
105
*101%
*109% ‘1(8
100% *106%
105% *105%
81
89%
81%
*
27
16
32% Ja->. 21 32% Jan.* *21
95% Jail. 22
91% Jan.
9.%
lil% Jan. 18 112% Jan. 2
112
Jan. 2
*91
92% Jan. 6 94
Jan. 6 91% Jan. 15
91%- 90
....
....
*32
*111%
111% 1.12
f...
N.Y.C.&H. 1st 7s
*94
93%
94
C.Pac.,gold 6s... *14%
91%
91%
91%
Un Pac.. 1st (is... *91%
92
*91%
do
L’d GrM 7s
9i% 91% 81% .SI
do
S.F.Ss..
fit % 8;% *194% *101%
Erie 1st M.7s
*104 •104 *109 *109%
109
N. J. Ceil. 1st 7s.. *109
*106% *108%
Ft Wayne 1st 7s. *106% *106%
105 Y
Rock
*27
*16
*55
92
8
Jan. 19
5 81% Jan. 15
Jail. 21
11 105
101
Jan.
108% Jan. 5 109% Jan. 2«>
Ji«i. 18
106% Jan. ’< 107
1"5
Jan. r> 105% Jan. IS
1
22 82% Jaa.
2
SJ% Ja i.
9)
Jan.
80% Jan.
made at the Board.
Railroad and Miscellaneous Stocks.—The stock market
has shown some activity, particularly in the early part of
week, when prices were lower under the intluence of the
on Western Union Telegraph and
Lake Shore. Latterly there
•This is the once
bid, no sa/e was
the
attack
generally close to day at rather
There are some exceptions to
Jan.
Jan. Jan. .Jan.
Jan. Jan. this, especially Ohio & Mississippi and Wabash. The latter road
Int. period.
16.
18.
19.
20.
21.
22. is not yet out of its difficulties, and it is not known whether they
68, 1881
reg..Jan. & July. 118.% 118,% 11SJ<T *118^a 118^ 119
will be able to get sufficient bonds taken, or make any other
69,1881
coup..Jan.&July. 118% *118% 118% *118% *11S?'« *119
will enable them to pay
inter¬
reg. .May & Nov. *114% 114% *114%
114% *115 arrangements whichhelped by the intelligencethe Februaryarrival
6a, 5-20’s, 1862
of the safe
69, 5 20*8, 1862.... coup..May A Nov. 114% 114% *114% 115
111% *115% est. Pacific Mail is
68, 5-20’s, 1862,Called Bds..Muy & Nov
'. ■
of the steamer Colorado at San Francisco.
Prices at the close
69. 5-20’9, 1864
reg..May & Nov. *116 *116% *116%' *116% *116% *116% were steady.
6s, 5-20’s, 1864
coup..May & Nov. *116% 116% 116% 116% 116% *117
In the United States Supreme Court a decision of some iu'e’est
6s, 5-20’s, 1865
reg.. May & Nov. *!1S *118 *118 *118% *118% *11?%
6s, 5-20’s, 1865
coup..May & Nov. *118%' 118% 118% 118% 118% *118% to shareholders was made in case No. 485, Ochiltree against The
69, 5-20*8,1865, n. i., reg..Jan. & July. *117% 117% 117%" 117% 118
*118 Iowa Construction Company. Mr. Justice Davis delivered the
6s,5-29’s,1865 n. i.,coup..Jan. & July. 117% 117% 117% 118 *117% 118%
69, 5-20’8,1867
reg..Jan. & July. *118,% *113% 118% *118% 118% 119 t / opinion, holding that under the law of Missouri, which held a
.Tan .Cr .T 1 ir
1 / 1 IQ L/ 1 1Qt/ • 110*7/ 1 4 0
1i 11V Ym stockholder of a corporation liable to the amoum of his stock,
n
l 1 CV*» AlG/g All*
w uuij ,
69, 5-20’s,186S
reg. Jan. & July. *118% *118 *118
118% 118% *118% and which law was afterward repealed, a person who subscribes
coup .Jan. & July. 118% 118% *118% !18% 119
69, 5-20’8, 1868
119% for and takes stock after the repeal in a corporation organized
reg. Mar. & Sept. 115% 114% *115 *115%" 115% 115%
5s, 10 40's
before the repeal, is not liable under the former, and such repeal
5s, 10-40’b
coup..Mar. & Sept. *115% 115% *115% 115% *115% 116
5s, funded. 1881
reg ..Quarterly. *112% *112% *112% *112% 112% 113
does not impair the obligation of the contract of the stockholder
5a, funded, 1881, ..coup
Quarterly. *114 114 *114 *114 114% 114% subscribed after the repeal.
6?,Currency
reg. .Jan. & July. 117% *117% *117% 118% 119% 119%
The daily highest and lowest prices have been as follows:
This is the price hid ; no tab was made at the Board.
K.OA1
U3,
*
a
D,
conn
n
the Syndicate.
was
steadiness, and prices
figures than last Friday.
more
better
January 23, 1875.]
Tuesday, Wednesday, Thursday,
Monday,
Saturday,
Jan. 21.
Jan. 18.
Jan. 19.
Jan. 20.
101* 10! *
•127 V 128*
28 V 29*
72* 74*
16* 17*
43* 44*
60
60V
102* 1H3
37* 37*
58* 5S*
101* 101*
101V 102*
127V 127 V
28* 28V
73* 74*
14* 15*
Jan. 1*5.
N.Y.Cen.&H.R.
101* 101X
Harlem
Erie
Lake Shore....
Wabash
128
123
Friday,
ForeignExcliange—There has
Jan. 22.
102 102*
127
28
28*
73* 74
102*
127*
28*
73*
74
14*
4i*
59*
105*
37*
14* 16
43* 44V
58V 59*
103* 103 V
....
17*
44*
Northwest
do
pref. 61
Rock Island... 102 V
St. Paul
37*
do
nrcl....
5^
16
At.<fc Pac.,pref.
Ohio <fc Miss...
30 V
Centra) o; N.J. •106*
Del., L. & West
Col. Chic.& l.C.
Panama
West, Un. Tel.
At & Pac. Tel.
2;
34 *
Quicksilver....
United States.,
Welle, Fargo..
2 * 30 Y
107
107*
107* 107*
107*
21* 25*
36* 37
9*
!>*
Ill* 111*
71* 72*
Han. & S*. Jos.
Union Pacific..
do
pref.
Pacific Mail....
Adams Exp....
American Ex..
7>*
18*
45*
61 *
103
38*
54
16*
31*
107*
107*
,
*21* 25*
£6
9
111
36*
9
111
111*
71* 72*
23* 26*
34* 34*
43*
23*
34*
100
63
63
•31
•39 Y
31V
42
*81*
•31*
8*
37*
....
16
(8#
107*
108
18V 21*
36* 36*
21*
36* 3"*
8*
S*
HOY 111
73* 73#
HOY HOY
73* 71#
25
*33
*40
31*
42
24
*33
25
35
24
3i*
43
*40
34
42*
31
UO
34*
99 Y
(3*
99#
•63
64
59*
which
....
Railroad Earnings.—Earnings for January are coming in
slowly. Those already received compare about fairly with last
January’s figures.
Latest earnings
,
Pur. C. Rap.& Minn. 1st week of Jan.
Central Pacific
Month of Dec.
Chic. Dauv. & Vine. Month of Dec.
Cin. Lafay. & Chic.. 1st week of Jan.
»
83,658
1,253,000
70,045
7,299
4,761,649
27,126
;
26,009
1,116,306 14,405,479 13,872,632
51,958
7,299
9,331
9,331
Treasury have been
195,100
233,401
201,103
4,796,935
3,787
4,477
3,787
630,039 7,135,540 7,564,031
122,614 1,025,083 1,532,212
141,274 1,820,153 1,691,203
990,275
142,701 1,309.574
201,493
150,302 2,099,290 2.126,870
118,710 7,341,786 7,266,628
385,408
380,338
3,150,725
2,391,019
2,763,493
Doc.
290,013
204,920
3,632.01)9 3,051,606
Total
$1,919,000
Balance, Jan. 15
Philadelphia & Erie. Month of Nov.
Rome, W. & Ogdens. Month of Nov.
300,859
Indianap. Cin & Laf. Month of
InternT & Gt. North. Month of
Month of
Kansas Pacific
Marietta & Cin
Month of
4,477
042,233
114,076
151,542
Dec.
Dec.
Dec.
Dec.
3d week of Dec.
Michigan Central..
Mo. Kansas & Tex... Month of
Mobile & Ohio
Month of
Ohio & Mississippi.. Month of
252,700
97,920
St. L. Alton & T. II.. 2d week of Jan.
do
branches. 2d week of Jan.
bt. L. I. Mt.& South.. 1st week of Jan.
St. L. & Southeast.. Month of Dec.
St. Paul &S. City,&c Month of Nov.
Toledo P. & Warsaw. 2d week of Jan.
Tol. Wab. & West.. 3d week of Dec.
Union Pacific
Month of Nov.
West Wisconsin.... Month of Nov.
4,105,300
315,05?
285,603
Jan.
31,383
10,150
62,344
42,217
26,584
62,344
22,035
10,112
54,271
96,342
16,541
17,845
54,271
1,294,493
713,153
21,059 - 32,448
47,303
99,193 4,959,624 5,601,066
970,660 9,662,721 9,507,271
102,912
1,258 754
703,330
72,439
68,108
14,748
80,436
1,000,598
71,800
82,622
was steady until
853,169
Thursday, when
The higher
prices seem to be based on the large shipments of the week,
which will probably amount to nearly $4,000,000, if that reported
to-day as engaged for to morrow’s steamers shall all be sent.
Aside from this, there seems to be no special infiuence acting on
the gold market that is worthy of comment.
On gold loans the
rates to day were 2, 24, l.V, 1 and 3 per cent, for carrying ; loans
were also made fiat. Customs receipts of the week were $1,948,000
Messrs. Wells, Fargo & Co. have compiled their annual state¬
ment of precious metals produced in the States and Territories
west of the Missouri River, including British Columbia, during
1874, which shows an aggregate yield of $74,401,055, being an
excess of $2,142,302 over 1873. They say that the recent develop¬
ments on the Comstock Lode justify the belief that the total pro
djict for 1875 will approximate $80,000,000.
Tlie
Gold
Market.—Gold
and advanced to 112$ to-day.
became firmer,
it
STATEMENT OF THE AMOUNT OF GOLD DUST AND BULLION, AND SILVER BUL¬
LION PRODUCED IN THE STATES AND TERRITORIES WEST OF TIIE MISSOURI
RIVER DURING THE YEAR 1874.
States and Terri¬ Gold by
tories.
press.
345,394
553,564
Nevada
Oregon
on tana
$20,300,531
$1,715,550
4,117,098
30,954,602
35,452,233
609,070
150
155 535
551,572
8.372
746,565
2,333
400
83.721
23,333
1,590,7(0'
Arizona
Colorado
Totals.
freight.
14,139
120,765
258,136
1,207,667
2,581.362
1 dalio
bullion by
967.857
$1,601,556
34,539
55,356
141,306
Washington
Ores & base
Silver by
express.
by other
c’nvey’n’s.
$10,015,568
California/.
M
Gold dust
ex¬ & bullion
1,830,004
3,439,493
5,911.273
600,000
5,072,620
•
•
.
.
.
.
26,066
.
714,223
4,191.105
7:18,878
337
1,636,557
$24,114,8331 $2,243,943 $35,681,411
$12,360,868 I $74,401,055
8-1.655
ATovirn
148,747
1,487,473
British Columbia
Total
855,000
1,745.705
of
gold ana
operations of the Gold Exchange Bank each day of the past
The
table
following
will
show
the
course
week:
Quotations.
*
Open- Low-High-Clos¬
/
.Saturday, Jan.
Monday,
“
Tuesday,
“
Wednesday, “
Thursday,
“
Friday,
“
ing.
est.
est. ing.
16....112
112
112* 112*
18....112* 112* 112* 112*
19
..
The following are
esn coin:
Sovereigns
Napoleons
XX Reichmarks
German X thalers
Prussian X thalers
German Kronen
X guilders
Clearings.
Balances.—
Gold. Currency
$55,823,000 $2,382,620 $2,678,018
26,819,000 1,794,300 2,021.469
1,534,900
1,460,145
1,730,556
1,644,477
1,910,400
2,153,430
46,371,000
1,923,615
2,171,95
112* $217,762,000
112
237,019,000
112*
2,297,000
the quotations in gold for
$
$
2,598,387
foreign and Ameri
$4 85 @ $4 90
3 85 © 3 SO
4 77
7 30
7 80
6 50
©
©
©
©
4 82
....
....
6 70
Spanish doubloons
Patriot doubloons
15 50
American silver Cneiy),
—
96
@ 15 75
—
97
Fine silver bars
Fine gold bars
Dimes and hall dimes..
Five francs
Francs
English silver
Prussian thalers
| Specie thalers
Mexican dollars..
1 Spanish dollars
1 25*® 1 26*
par®*
94*@ — 97
--93 @ — 95
- • 18#© — 19
4 SO @ 4 85
— 70
© — 72
-
1 04 @ l 06
—
98
—
97 &
©
1 00
—
99
-Sub-Treasury.
House
Receipts.
$2,909,202 30
430,875 42
208,000
519,000
215,076 00
482.000
510,203 75
425,200 00
665,940 52
5,234,49? 99 5,980,038 56
44.153.698 71 45,082.792 34
44,798,602 91 46.195,034 10
Balance, Jan. 22
New York
Payments.-
Currency.
Gold.'
$899,032 30 $2,896,256 53
189,867 41
1,191,482 64
844,879 87
143,193 71
676,477 64 1,024,627 67
980.185 78
250,200 47
1,337,980 33
85,448 00
Gold.
Receipts.
16
$179,000
18.......
177,000
Banks.—The
City
4,589,593 79
Currency.
$671,423 53
886,014 65
815,095 56
1,083,237 69
482,925 54
929,149 83
4.857,846 80
following statement sIiowb
for the
1875:
the condition of the Associated Banks of New York City
week ending at the commencement of business on Jan. 16,
-AVERAGE AMOUNT
OF-
Circula¬
Loans and
Net
Legal
Tenders. Deposits
Capital. Discounts. Specie.
$3,000,000
$9.2!6,600 $5,182,000 $1,376,600 $11,930,600
566,500
4,273,300
929.800
5,957,100
2.050.00C
3,000,000 10,171,200 1,846.200
8,(.17,200
1,45(>,(00
784,300
1,0 IS,700
5.589.100
2,000,000
6,998,700
399.600
3,603 ,*'00
995,000
1,500,000
4,735,600
1.03 MOO
7.104.600
8,87s,90u 1,827.700
3,000,000
427,:i00
320,300
3,024,300
1,800,000
4,322,700
Banks.
New York
Manhattan Co
Union
America
Phoenix
5,854,300
1.185.800
277.900
1.608,000
261.800
217.800
300.000
1,682,300
7,886,200
353.500
1.651.400
1,000,000
1,500,000
3,756,100
3,996,200
1,009,000
City
1,000,000
600,000
Tradesmen’s
Fulton
Chemical
Merchants* Exch’ge.
Gallatin, National..
Butchers’&Drovers’
Mechanics&Traders
Greenwich
Leather Manuf
Seventh Ward
State of N. York..
American Exch’ge.
.
Commerce
800,000
600,000
200,000
600,000
300,000
2,000,000
5,000,000
10,000,000
1,000,000
Broadway
1,000,000
422,700
Mercantile
Pacific
People’s
North America..'...
Irving
Metropolitan
3,792,300
1,939,200
8,800
848.900
900.900
1.578.800
333.400
255.900
700
661.700
161.500
£<2,200
318,000
928.100
698,000
3,252,500
1.019,000
1.000,000
2,688,500
3,611.900
12.6=3.000
2,596,000
1..713.700
2.397,200
2.866.400
2,6 3,200
4,209,1(0
1,000.0(0
1,000,000
1,000,000
1,500,000
300,000
400.000
Oriental....
Marine*
1,500,000
Importers’* Trad’rs
2,000,000
500,000
300,000
Bank’s Asso.
Grocers’....
North River
East River
Manuf act’rs’& Mer.
Fourth National....
Central National...
Second National....
Ninth National. ...
First National
Third National
1>5,800
2,613,900
13,813 600
14.1.2,200
1,108,100
* .4,100
1,015.2(0
400,000
350,000
300,000
5,000,000
2,000,000
300,000
1,500,(CC
1,000,000
500,000
1,000,000
250,000
National...
200,000
2,000,000
New York Co. Nat.
German American.
1,000-000
Dry Goods.;
912,700
786,300
20,382,a()0
500,000
N.Y.National Exch.
Tenth National
63.700
29.000
814,000
22,000
19,500
130.200
123.800
57.800
43.300
2,953,700
3,278,200
1,000,000
Continental
6,880,000
1,881,000
6,.17,000
81.800
6,(00
145.800
322,500
869.800
139.200
4,(100
22,200
19,400
2,200
427,000
61,000
5,1*7,200
5,13^,9’0
1,430,600
1,62'.900
1,166,000
1,136,000
4,673,.00
2,253,600
329 500
S55.2U0
80 >,2(0
13,5(0
103.600
8,500
150,000
217.600
25,400
1,6.72,000
2.413,600
1.598.400
931 300
2,005,000
316.800
286.700
404.900
856,200
686.700
426,000
746,000
215.100
493.300
5.398.800
4.391.800
267.700
107.700
252.300
205.100
201.900
4 213,200
1,434.000
400,000
2,268,900
1,019,100
847.900
229,600
555,000
Loans.,
Specie. .
Legal Tenders
1,200
464,8U0
5.317.500
2.022,900
1,234,000
6.568.100
3.881.500
2.569.500
1.712.600
1,312,700
1,082,900
2.376.500
994,100
750.700
433,000
484,000
225.000
195.700
2,700
256.700
169,300
470,400
4.363.200
8.461.600
7,577,000
3.83U.600
839,500
2,616,200
830,000
450,200
3.394.500
2,140,(00
3,961,000
8.479.600
1.129.200
2,189,UK)
808.300
127.300
5,500
279,400
179.200
3.315.900
2,631,000
8,702,000
1.603.900
2.246.900
*,913,700
1,117,000
131.800
3.900
225,000
722.200
784.800
4.900
576.500
4,000
1.332.600
8.001,200
1,601,800
2,471,(00
l/OC.OOO
2.476.900
16.764.600
17.601.500
1,079,000
318,700
466,4(0
858,50
298,000
650,500
675.300
191,200
643.300
701.700
2,8'3.80O
1,407,000
268,0(10
16.184.900
5,818.000
1,532,000
7.293.500
6.166.500
5,855,700
570.200
273,600
49,400
262,700
969,600
882,200
235,0(0
145,0(0
220,000
180,000
1.106,000
1,028,600
859,900
906.000
4,208,300
1,833,800
306.400
returns
$24,288,900
of previous ^eek are a
Dec. $3,183.2001 Net Deposits.268.500 Circulation
Inc.
Inc. 4,450,300 I
Inc. $5,283,70
113,700
Dec.
following are the totals for a series of weeks past:
Legal
Loans.
Get. 24....
Oct. 31....
Nov. 7....
Nov. 14..,
Nov. 21...
Nov. 23...
Doc. 5
Dec. 12....
Dec. 19....
Dec. 26....
Jan. 2....
.
281,873.700
281.95S.700
285.056.700
283.783.100
283,319.500
282.275,800
286,063.000
281.903.300
Specie.
13.585.200
12,0!1,100
12.574.800
16.888 20 0
17.380.900
9....
285,409.800
253,66=; ,300
284,209,300
236,157.900
17.329,300
14,467,200
14.218.500
18.619,500
13,397.100
17.974.0:X)
23.222,100
Jan. 16....
W73.700
J}3,490,6(X)
,
Jan.
9,700
739.100
500,1)00
•270,000
$31,435,200 f2S2.972.700 $23,490.(00 $55,271,900 $ 236,897,500
Total
The deviations from the
follows:
Tbe
84.200
13! ,400
5,950,700
1,400,200
600.000
1,000,000
543.100
458,0(10
431.800
162.700
532.100
247.400
5,130,300
11,929,800
20,631,100
412,500
Citizens
Nassau
Market
St. Nicholas
Shoe and Leather..
Corn Exchange
1)03.500
547.600
50,600
413,'JOO
650.200
580.200
5(0,000
1,000,000
Hanover
263.200
49.700
614,700
37,0 0
18.700
2,101,000
1,°00,000
1.099,800
3,046,100
1,08 ,800
5,030,800
430,000
Chatham
Bowery
8,542,500
2,000,000
Republic
Park*
Mecli.
tion.
$458,000
...
Merchants’
Mechanics’
,
3 90 © 4 20
15 9J © 16 30
,
33.071,000
26,336.000
28.782,000
.112# 112# 112# 112#
20,...112# 112* 112 * 112#
21.... 112* 112# 112* 112#
22 ...112# 112# 112* 112*
Current week
112
112
112*
Previous week
.112# 111* 112*
Jan. 1,1875, to date.. .112* 111* 113
Total
96#@ 96#
95*
follows:
Custom
3,444,321
257,072 3,208,513 3,594.529
87,062
95*@
as
333,000
Dec.
Dec.
110,457
313,423
Cleve.,Col.Cin. & I. Month of Dec.
Denver & R. Grande. 1st week of Jan.
Illinois Central.
Month of Nov.
Indianap. 131. & W... Month of Dec.
—January 22.
On Demand.
days.
4.80#@4.87
4.90 @4.DO#
4-S6#@4.86#
4.89#@4.£0
4.85 @4.eG
4.88 @4 89
5.15*@5.14*
5.12#@5.11#
5 15*@5 14?,'
6 12#@5 11#
5.15*@5.14#
5.12#@5.11#
41*@ 41#
41#@ 41#
95*@ 95#
96*© 96#
95*@ 95*
96*@ 96#
Prussian (reichmarks)
95*@ 95#
96#@ 96#
The transactions for the week at the Custom House and Sub
4,756,138
26,009
active business in
60
Hamburg (reichmrks).....
Frankfort (reiclimarks)
Bremen, (reichmarks)
1874.
27,126
an
:
Paris (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
Jan.l to iatest date.
1875.
1874.
$108,950 $1,150,203 $1,100,946
reported.
follows
Primebankers1 sterling bills
London good bankers1 do
London prime com. ster do
made at the Board.
Roads.
1875.
Atchison, T. & S. Fe Month of Nov. $113,000
88.6"0
Atlantic & Pacillc. .2d week of Dec.
were as
....
•81*
*81*
82
82
....
This Is the price bid and asked : no sale was
•
8*
37*
*58*
16
23*
107*
103
...
33* 31V
33* 31
33*
*99 Y 100
‘1U0
•93V 100
64
*64* 64V *64* 64#
60
*.... 63
59*
61*
100
*64* 64*
61
81
24
33*
16*
28*
107*
108
■ 111
73* 74*
23* 25*
72* 7>*
15
41V
59V
103*
*58*
16
28
107*
107 V
21*
111
112
22
*34
*39
31* 35
34 V 35*
9>Y HX)
64 \ 61*
*62
8L
28* 28*
73* 73*
15* 17*
44* 45
43V 45
59 V 61
59V 60*
102 V 103*
102* 103
37V 38*
37* 37*
58* 59
£8* 58*
16
16*
16* 16*
‘27* 29*
28* 29*
107* 107* •....107*
107* 107* *107* 103
24
24*
24* 21V
36* 36*
36* 36*
*....
9*
8* 8*
been
foreign exchange, and the volume of transactions was probably
larger than in any one week for some months past. The steamers
arriving early in the week, which were the first to leave Europe
after the opening of the year, must have brought a considerable
amount of bonds and coupons, and these assisted in stimulating
the demand here for exchange.
The amount of American Rail¬
road loans placed in London since the first of January (including
$2,500,000 in Scotland) now foots up about $23,000,000, and as
bills have been sold against a good part of this amount,
it is seen that the supply from this source has been important.
The rate for exchange keeps up, however, to specie shipping
point, and the total exports of coin and bullion this week
will approximate $4,000,000.
The supply of good bills of a little
lower grade than prime bankers’ has been quite moderate. Rates
were firm to-day, within
a fraction of the nominal quotations,
102*
127*
28*
74*
91
02
<9 *
28*
79
THE CHRONICLE.
Tenders.
Deposits.
58,830,800
226.301.800
225.852.700
59.621.600
59.451,700
59.525,100
57.504,400
53.301,900
50,221,700
49.470.300
49,643,600
50.821,100
226,753,900
229.994,200
227.352.700
222.767,300
219,632,100
218,408.000
215,707.800
213.889,600
221,489.200
281,618.800
55,271,900
338,897,500
47.931,700
47,163.400
Circu¬
lation.
25,013,500
Aggregate
Clearings.
447,768,719
24.407.600
394.770.672
446.534.160
450,309.151
532.154.0G8
889,192,019
530,030,508
464.782,833
452,850,415
407,720.865
393.250,634
549,740.708
24,288,900
499,067,585
25.057,500
25.-082,900
24 832.500
24.968.00d
24.834.100
25,012.600
24,304,300
24.731.600
24.610.100
24.622.600
go
QUOTATIONS IN
the Boston
Banks.—Below we give a statement of
National Banks, as returned to the Clearing
on
Jan. 18. 1875:
».««)«. t-T-Note.. Deport..Clrcul
Loans.
Boston
House
Capital.
Banns.
Atlantic
•1,533,600
3.129.500
1.7U.400
510,700
1,500,000
2,000,000
1,000.000
Atlas
Blackstone
Boston
Boylston
$5,800
32.5U0
4.336,8C0
2.241.700
600,000
20?:S9P
...
Broadway
Central
500,000
Columbian
964.200
Globe
Hamilton
Howard
Manufacturers
Market
14.300
203.800
1,239,600
717.200
6.771.500
2.092,200
100
3.166,6(0
l.45i.b00
3.414.200
2.087 100
4.150.800
1,600.000
4.857.500
1.471.200
5.320.300
2,< 51.800
5.356.100
2.979,000
3.165,000
300,000
2,000,000
1,000,000
Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
Bank of Kepuollc...
1,000,000
1,500,000
500,000
Commonwealth
City
Eagle
1,000,000
1,000,000
1 000,000
Exchange
l/nlon
Webster
136.200
123,666
4.440
302.400
7,400
200
$131,109,100 $2,472,500
as
$50,050,000
576,60!)
82-, t(H)
Old Colony
Port., Saco & Portsmouth
Rutland common
736,7(io
768,9ro
1,040.900
983,700
2 3l2.c00
*40.600
1,002.400
176,l()o
533.200
Loans.
O.ot. 26...
Nov. 2...,.
9....
Hot. 16
Nov. 23
Nov. 30.,..
Nov.
...
1,402,400
1.421,100
1,324,700
123.541 icOO
Dee..7
1.311.400
1,263.600
1,147.400
123.279.C00
128.637,300
Dec. 11....
Dec. 21....
Dec. 23....
Jan. It
Jan. 18....
128:718:900
1.181.500
2,438,300
2,472,500
130,731,900
131.109.100
....
Philadelphia Banks.—The following
dition of the Philadelphia National Banks
Monday, Jan. 18, 1875 :
Capital.
Banks.
Loans.
$6,020,000 $140,000
1,000,000
—
5.073,000
2,000,000
48,0(0
6,177,100
810,000
2.503,(00
17,6.0
fl,500,00C
Philadelphia
North America
Farmers and Mech.
Commercial
Mechanics’
Bank N. Liberties.
8,957
5,227
—
1,020.652
;,273,277
1.000
2,045,167 118,187
2.466,000
6*3
823,814
3,933.000 21,000
1,506.000 45,0(00
J.J73.06S
....
1,6.49,95a
211
2.161,300
2,603,000
1.252,523
800,000
500,000
250,000
Southwark
250,000
Kensington
Penn...
Western
500,001
400,000
1,000,000
Manufacturers’....
250,000
1,000,000
Tradesmen’s
200,000
•onsolldation
300,000
Cltw
400,000
Commonwealth....
300,000
Corn Exchange....
500,000
TJalon
500,000
Bank of Commerce
GUrard
...
£35,731
1,641,.KM'
4.079.000
9IUM5
60.,000
: i*
First.;;;.:;
300,000
190,000
Third
Sixth
Seventn
RIehth
Specie.
cenSrai.::..750:000
1,000,000
250,000
Bank of Republic..
Security
the week
t
Bpecie.V.V V*
Legal Tender Notes
Inc* ^4 0,408 1
.......'.’Dec.
5.207.400
663,121
490,000
247,474
1,283,000
287.0(H)
207,323
61,211.860
61,242.761
61,336,493
6l.2l4.lP0
61.047.473
60.349,785
NOV. 30
Dec. 7
Dec. 14
Dec. 21
Dec. 28
Jan. 11
Jan. 18
136,668
800,000
176,000
270,000
1.965,000
1,476,000
1,368.000
59.882,20 i
3,860.000
1,351.000
120,000
400,000
776,000
180,COO
11,631,729
14,339,35 f
11.(26.879
14 299.794
13.871.813
14.289,619
11,377,890
15.141.954
16,191,037
follows:
.Inc. SI>944.335
Circulation
11,436,603
11 383 267
11.340.784
11.329.987
11,35',763
11.382.363
11 358,853
17.33-,904
11,319.780
11,405,905
11,416 592
46,070,813
47,336.480
49,230 815
.1.459 576
WASHINGTON, D. C.—P KICKS.
Bid.
iBid. A6k
Wash. Co. S. bonds,
“
“
Chicago Relief
Cers.of Stock (I843)6s, at pleas
Board of Public Works—
Cers. Geti. Imp.Ss, 1871
IS 75
<’o
1876
do
1377
do
1878
do
Series.
7s,1575
7s, 1876...
bonds, 1877.
Imp.,6s, g, 1391
Perm
95
78,159’.
•' n«
Market Stock bonds. 7s. 1592..
Water Stock bonds 7s, 1901....
••
78,1903...
Fund. Loan (Cong ) 3.65s. 1924
Water Stock 6s 1869
5 year Cers., 7 3-10, 1875
Ten year Bonds,6s, 1878...^..
Fund. Loan (Cong ) 6 ,g, 1892..
do
••
do
ere.
22,964
past :
46.952.280
46.106 352
fLe^.6Afol»02..
ofSeockZlSwO *«. at pleas
,
do
Certificates, Sewer, 8s,1371..
do
ao
do
do
do
Water
.
78
Ask
•
•
86
91
89
86*
86*
86*
c6*
68*
89
89
.
’80
71
71*
22*
89
•
•
•
e
a
4
....
....
....
91
S3
86
Junction 1st mort. 6s, ’65
do
2d
do
1900...
Lake Su".& Miss. 1st m 7s,g,’96
do
do
do
do
reg,
6s, Currency
do
Northern
7 3-10s, 190C..
North Penn. 1st m, 6s, ’85
do
2dm. 7s,’96
do
lOs.chat.m.,’77 .
do
gen. mort. 7s, 1903
Oil Creek & Ala. R..cob. 7s,’88.
Oil creek 1st
m.7»j82..;i..v~*
Penn* N. Y.C.&RR. 7s,’W-190$
Colum., &
Dayton A
do
do
do
do
do
leff.,
do
92*
dc
102
62*
69
85
102
20
46“
45*
...
46*
*80
90
*102
•104
*100
90
*96
*101
uo
M.,7,1905
M.,6,1905
6s,’97 to’98
Watei 6s,’87 to ’89..
Water Stock ftp,’97.
Wharf 6s
special tax fis of’89.
Mad.*I,lstM.(I*M)7, ’81
do
do
2d M.,7,
1st M.,7.1906....
Lo’tisv.C. * Lex., 1st M..7, 97..
Louis. & Fr’k., 1st M., 6,’70-’?8..
do
Louisv. Loan,ft.’81.
L. diNash.lstM. (m.s.) 7,’77..
do Lou. Loan (m.s.)8, ’86-’87
do
(Leb. Br.) 6,’86
do
do IstM. (Mem. BrlT/TO-^.
=3
94
105“
95
91*
88
93
t5
75
73
86
90
63 ‘
do
common.
& Nashville
gt Louis 6s, Long
Jo
Water 6s
do
do
87
60
82
82
r 4
81*
82
82
85
72
82
72
.85
86
93
83
82
98
-8
82
85
lstM.(Leb.br.ex)7. ’80-’85
Lou.L’n(Leb.br.ex)6,’98
Consol. 1st M., 7,1898....
Jefferson., Mad. * Ind...*7
Louisv., Cln.& Lex.,pref
4
do
do
do
qu
ST. LOUIS.
107
IW
i6o‘
Xenia, 1st M., 7, ’90.
Mlcli., 1st M.,7 81..
2d M.,7,’84..
do
do
Louis vllle
59
79
106‘
Louisville 6s,’82
Valley,6s, 1898
1898
78,1910
Little 8chuylkl11.1stM., 7,1877.
Northern Central 2d m, 6s. ’85.
do.
do Sd m,6s, 1900 ..
do
con.m. g. 6s. 1900
do
do
90*
61*
31*
LOEJKVILLE.
to’87
92*
Harrisburg 1st mort.6s.’83.... 166"
H.& R. T. 1st mort. 7s, *90
102
do
2d mort. 7s, ’75...
do
3dm. cons. 7s,’£5. 53*
thaca & Athens g. 7s, ’90
8v*
90"
do
8 p. c. st’k guar 95
Little Miami stock
193
Cii cinnatl Gas, stock
101
95*
99
61
94
91
& Dayton stock
97
Columbus * Xenia Btock
37
Dayton & Michigan stock .... ICO
Pacific
•
«
....
...
Certificates, Ss, 1877.
«
.
Dan., H & Wilkes, 1st. m.,7d .’Si
East Penn. 1 st nort. 7s, ’86...
El. & W’mspoi t, 1st m, 7s.
do 5s,nirp
do
.
1375....
1476
1377....
1378....
£e:ies.
•
?0
.
92*
45*
CINCINNATI.
Cincinnati 5s
6s
do
do
7s
do
7-308
■00*
10*2*
94*
107* 107*
93* 94
Cln. Ham.
M.conv.,’82...
7s
.{6*
102
fnd.,Cln.& Laf.,lstM.,7
do
(I.&C ) 1st M.,7,1888
Little Miami, 6,1883
1908
Lake 1st m. gold
Connecting 6s 1900-1904
102
preferred
Dayton & West., 1st
do
do
1st
do
do movt.68,’89.
105
Cam. & Atlan. 1st m, 7s, g.
do
2d m,7s. 80.... 103
Cara. & Burlington 8s, 13)7...
Caiawissa, 1st
do
chat. m. do
’88... 05
do
- new 7s, 1900...._—
Cayuga
81
82*
90
do
do
do
3d M^?,’88..
do To’do dep.bdB,7,’8l-’94
89*
BelvldcreDel aware .1st in AT.
d >
do
2d M. 6s, 8f
3d M. 6b,*8'
do
do
Camden & Amboy, 6s, ’75...
do
do
6 s,’88
do
do
6s,’89
Lehigh
86
5e*
Union
BAILBOAD BONDS.
68
*15" Cincinnati Southern RR. 7.30s
35* Ham.Co.,Ohio ftp.c. long bdido
do
7 p.c.,1 to5yrs
21
lg bds,7 &*i.30r
do
do
56*
Cin. & Cov.Bridge s'oek, pret
! 6
do
bonds, short c5
do
bonds.long. 99
130*
Cln.,Ham. & D., 1st M., 1, 80... 93
(fo
do
2d M.,7,*85... 1(0
do
3d M., 8,77... 81
do
Cin.. Ham.* Ind.7s guar
86
Cin. & Indiana, 1st M.,7
74
do 2d M.,7,1877.. 94
do
14*
AKegnenyVal.y
:
-
Susquehanna
$11,439,576
43.923.022
43,071.939
48.6G6.592
47.937,607
35
128
pref
do
23",175
45.537.25l
48 152 4.9
•'•••
Pennsylvania
Schuylkill Navigation
327,000
783,00(1
249,(26
135,000
210,330
Inc.
50*
50*
pref
do
S'S.ooo
Deposits....
s
Morris
600.000
488,316
60,087,350
Lehigh
450.000
917.000
457,000
3 '.4.000
875.000
Division
Navigation
Delaware
3.123,000
495.955
59.623.422
CANAL STOCKS.
863,000
97,000
124.000
266,000
1.018.000
14.9’fi 057
277.900
Chesapeake* Delaware
559,750
467 000
prof
do
West Jersey
359,202
212,835
858.0001
Wllmlng.* Baltimore
United N. J. Companies
Westchester—
..
210,295
783,121
weeks
223.362
211,516
Pblla.,
538,92.3
i.i 32,876
47.972,670
6i,234 897
1456
& Allegheny River. 55*
Pennsylvania... ...
20*
Philadelphia & Erie
...
56*
Philadelphia* Reading
Philadelphia & Trenton
172,200
216,465
’.,103,000
283.173
91
55
104
!00
1884
6S.190C
18»0 Park 6s..:....
& Ohio 6s of ’75
do
6sol*80...
do
6s ol ’.85,...
Central Ohio, lBt M.,6
Marietta* Cln., 1stM.,7,1891.
do
do
2d M.,7,1896.
Norfolk Water 8s
North. Cent. 2d M., S. F., 4, ’85.
do
do 8d M., 8. F.,6,19(X
do
do 3d M. (T. & C) 6,’7r
do
do Cons, (gold) 6,190(
PittB. & Connellsv., 1st M.,7, ’98
do
do
1st M.,6,188!
do
52*
34*
gold ’97 100* 101
100
Parkersburg Branch
Central Ohio
55*
OilCre/.<
219.70!)
953.724
7,609 | Circulation
395.955
317,170
271,863
241.152
213,469
62
Norristown
Northern Central
North Pjansylvania. ..
1,000,000
62 i,000
4 78,500
43,8.000
206,925
1,777.(H)('
1.442,867
2,190,000
1.089.205
625.616
Deposits.
Nov
Nov. 9
Nov. 16
Nov. 23
61*
41*
Nesquehonlng Valley
780.000
2.373.252
1.616,500
690.474
3.464,000
Oct
41
Valley
Schuylkill
COUV , *82
! 05
conv., K .’94.
West Md.lstM..endorsed,6,’9(
do
1st M., unend.. 6,’90..
do
2d M.,endorsed 6/90.
Baltimore * Ohio stoc’<
40
Lehigh
$1,(XK),(X)0
257.000
Inc. 1,046,082
36*
Pennsylvania.......
50*
Harrlsb’g, Lancaster * C
8*
Huntingdon & Broad Top ..
do
*
do pref. 14*
Little
19*
24
37*
100
.
Susquehanna 6s,’94
BALTIHORE.
Maryland 6s, Jan., A., J. & O.. 10
do
6s, Delence
10*2* 102*
Baltimore Cs of’75
102*
43
36*
pref
Williamsport
Williamsport pref..
’77
do
do
do
Baltimore
do
do
19
42
East
$4,685,000
4,8 49, (HR)
$60,087,830 $188,346 $16,191,037 $49 280,815
The deviations from the returns of previous week are as
Hoang
pref
100*
RR, 97....
do
m. 6s,c.. ’95..
do
6s,imp.,’80...
do 6s, boat’* car,1918
do 7s, boat &car,1915
do
scrip
....
40
45*
83
Pennsylvania 6s, 1910
92
Schuylkill Nav. 1st m.6s,’v7.. 80*
do
2d m., 68,1907 81
••
pref
80
..
lfCl. 102*
6s.’34....
MorrlB, 1st M.,6,1876
do
2d M., 1876
do
boat, ’85
6s, Exempts
do
new
do
Elmira*
Elmira*
ending
$16,435,000
Total
do
con-
do
do
do
80
Minehlll
1.536,000
646,001'
416,185
491,0( 0 *
422,(93
176,0(0
—
617,000
24,6(0.500
the average
$1,400,000
1,977,000
^'nnn
9,000
21.000
1,(00
•—
2,000
32,000
4.010.000
4,046,000
1.873,600
54,300,6(0
Catawlssa
7s..
BONDS
Lehigh Navigation
MX 105
Atlantic....
do
24,747,200
24.705.300
24.661.4(H)
24.469.600
24.435.800
24.302.200
24.555.40(1
a
(07%
108
bailboad stocks.
Camden &
24.744.400
52.21:3.100
is
for
do
7s
New Jersey State
Delaware State 6s
Total net
L. Tender. Deposits.Clrcnlat’n.
••••
o63,000
1,053.000
250,000
275,000
.
54,6:6.200
51,247.200
53,188.100
52.115.500
5 !.990.1OO
52.695,000
52.309.400
.
Alleghany County,5s,coup...
Alleghany City 6s
......
Pittsburg 5s
6b
do
24,885.800
24.396,600
24.915.100
51.705.400
52.702.500
'-^3,.00
8M1.9(;0
8,08b, iOO
7,631.700
7.83U09
9,186,900
3,298.900
8,744,8(0
8,835,.(K)
9,186,000
9,438.’.00
9,550,400
1,642.909
1.380.100
1,340,600
132.216.100
132.031,400
131,940,600
131.693,000
130.132.800
125.195.100
15-25. 3o
do
90
2d Mort, 1902
do
CANAL
8634
Philadelphia 6s, cl.1
do
6s, new
follows: $573,000
Decrease. 5,100
Specie...
Increase.
Increase. 31,200 I Circulation
Legal Tenders
Decrease.
87,730 1
The following are the totals for a series of weeks past:Circulation
Deposits.
Specie. Legal Tender.
Date.
21“
81)
Read.,lstM.,7,1900
do
43
6s, ’67, 5-10,1st...
do
10-15,2d...
do
do
do
$24,285,0GU.
of Jan. 18; Is
106
STATIC AND OITY BONDP.
(’ennsylvanla5s, coup.........
$54.300.6f0 $24,600 Mly
$9,350,400
per statement
amount“duetootherBanks. aspersi
The deviations from last week’s returns are as
Loans
Increase. $377,200 1 Deposits
41
85*
UR* 109*
PHILADELPHIA,
172.700
Winning.*
do
91
Massachusetts
86*
100
78.1892-3....
7s, 1892....
do
40
85
preferred
Canada
do
Vermont &
Vermont &
646 9(v>
1/ 59,100
pret..
do
do
94*
Warren & F. 1st m. <8,’96.. ..
105B
West Chestercons. 78,’91.
..
95
West Jersey 1st mort. 6s, ,(-6
do
1st m. 7s, '97
Western Penn. RR. 6s, D93.... 50
54 *
90*
98
98* 100
Sunbury & Erie 1st m.7s, ’77..
Sunbury & Lewiston 78,1690..
(New Hampshire).... 124 K
Fitchburg
Manchester & Lawrence.......
Northern ot New Hampshire.,.
Norwich* Worcester
Ogdens. * L. Champlain.......
300,0()0
443.700
329,300
6:34.000
•42,700
pf. 5i“
(Mass.)
Eastern
Eastern
7S6.2oq
787.200
2,223.000
125.400
Thetotal
507,3(»o
684 600
614.500
168.100
595,0(10
572.6(j()
699.8(H)
' 14’"
140
Connecticut River
Connecticut & Passumpsic,
b.D.boo
2.21 *.200
77 000
15,9(0
1.900
681.5(0
2
852.400
1.17^,7(H)
1.672.500
1.185.500
28.1.600
263.1(0
86,600
199.100
2,603.000
783.300
224.600
237.800
136*
65 \ 36*
117>2 717*
151
154*
67 *
iio" 110*
9*
9*
Concord
804,OOP
861.900
do
Shamokin V. & Pottsv. 7s,
136k*
Chic.,Bur.& Quincy...........
Cln., Sandusky & Clev.stock.
97
7s, 1893
C.&I.Co.deb.7s’92
do 1st m. 7s,’92-3
Pitts., Cln. & St. Louis
55*’
Albany stock
Lowell stock
in*
1015.
new conv.
do
do
do
16
& Maine
& Providence
Cheshire preferred
7:30,5uo
175.2oc
842.800
1.291,800
1.120.0(H)
l23.;:oo
9 500
911,900
200,000
1,000,000
1,500,000
Security
1,500
9,°00
2.094.100
4 929.200
3.227.300
5.014.300
1,500,000
2,000,000
Hide* Leather
Revere
63,000
&
&
Boston
Boston
Boston
Boston
776.900
667,600
3l9,60p
575.400
480,Too
912/00
908.600
1,678,900
1,188 800
133,2(10
169.U0
545.700
72,6(X)
650.100
151.8(H)
563.700
157.200
236,000
251,800
1.927.600
175.400
176.200
21.600
3,800
75.400
61,100
97.100
5.900
150.000
3.126.100
3.736.900
3.167.900
245.60C
do
Phil.ARead.
55
2d Mort.,7,1891
do
Vermont & Can., new. 8.......
Vermont & Mass., 1st M. 6,’83.
1,491,300
161.900
213.300
138.100
160.300
90.700
22.400
Ogdensburg & Lake Ch. Ss
OldCol.A Newport Bds, 7, ’77.
Rutland, new 7s
Verm’t Cen., 1st M.,cons.,7, 86
342.900
428.800
91.200
232.3(0
22U00
203.300
8.900
88.900
166,000
2,573,'00
750,000
1.353,800
Portland
102* 102*
Burlington & Mo. L. G. 7s
VO
Eastern Mass.. 7s
• •
23!* 25*
Hartford & Erie, 1st M (new)7.
443.200
146 3:)0
349.500
Ask
Philadelphia * Reading 6s, ’
105
do
do
7s, ’
79
do
deb.bonds.’ i
104*
do
g. m.7s,c. 1 1
105*
do
do reg, 1911
do
'
6s, g., 1971.. 104
101
Municipal 7s
do
*
do
gen. m., reg., 191(
Perklomen 1st m.6s,’97....*#
Phlla. & Erie 1st m.6s,’81.
do
2d m. 7s.’88...
102*
*
7s....
Chicago Sewerage
229.500
944.600
515,000
680.200
112.900
163,400
1,333.400
1,000,000
Total
61.900
51,700
1.676.800
561.9(0
913,100
103*
Boston 6s, Currency
do
5B,gold
535.900
787.900
115.100
432.700
311.700
352,20 1
810,200
787.500
73.500
do
102
M.,6,188f
M.,6,1875.
gen. m. 1910..-2d
do
it*
Massachusetts 6s, Gold
do
5s, Gold
783 800
793.500
58.300
l.076.2*0
2,000.000
1.500,000
600,000
2,000.001)
Second(Granite)...
586.300
135.300
Hampshire,6s
554.500
4-6,000
162.900
150,0.10
601,600
321.600
Pennsylvania, 1st
102
102
Bid
BBOTTBITIkS.
Bid. Ask.
Maine
New
Vermont 68
751.100
1,061,900
46,000
37.400
127.400
92.200
26,100
2.444.900
2.168.300
2.575.3U0
Washington
1,011.800
1,017.300
9.827.900
6:7,TOC
First
1.728.300
79 000
115.300
53.400
((9.5(H)
2.225.100
900,000
1,000,000
1,000,000
Traders
Tremont
92.300
276,200
103,000
448.600
1,294.200
1.692.100
1,000,000
State
Suffolk
BOSTON.
$403,100
64.300
204.000
76,800
197,^00
3,000,000
200,000
1,000,000
New England
North
Old Boston
Shawmut
Shoe & Leather
$421,300
782.500
$61,900
3,800
79.UOO
2,000
3,079,700
500,000
800.00C
800,000
400,000
Massachusetts
Maverick
Merchants.
Mount Vernon
54.500
Monday,
BtLTIflOHE, &c.
BOSTON, PHILADELPWA,
BXOUBITIXS.
1.944.700
400 .W0
1,000,000
800,000
1,000,000
750,000
1,000,000
FaneuilHall
Freeman’s
2.900
2.044.700
2.561.600
866.200
1 >000,000
Eliot
Everett
4,000
2.639.700
.
l»000.000
Continental
900
15.300
24,900
[January 23, 18? 5.
CHRONICLE.
THE
Bonds
92"
00
103
LL5
18
-8
(0
! 5
02
65
67
76
95
97
92
90
15
88
80
76
87
91
64
100
39
!(2
95*
:C0
82*
83
-5
83
83
84
65
73
83
73
86
87
94
64
83
(9
89
63
86
*8“
fi
41
42
*94
*101
95
gold
(new) *99*
do
84
North Mlsponrl. 1st M .7s.. .
38
At.* Pacific guar, land grants 37
2d M. ...
do
91*
Pacific (of Mo.) 1st M. gld..
79
do
do
2d M. bds. ...
50
do
do
stock
....
3*
KansstPacii'c stocu—..
do
IstM gld6s.J.& D.. 58*
62*
do
do
do F.&A
*
And IntereBt,
trial.
84*
40
9i*
80
50*
4
60
65*
23, 1875.]
Janua y
THE CHRONICLE.
81
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
United States Bonds antt active Railroad Stocks are quoted on a previous page and not repeated here. Prices represent the per
cent value, whatever the par may be.
“ Lf. T. Local Securities ” are quoted in a separate list.
Bid. Ask.
SECURITIES.
Slate Ronds.
Alabama 5s, 1883
do
8s, 1886
do
8s, 1888
do
8s, Mont. & Euf ’la It.
do
do
do
do
do
7s,L.R.,P.B.AN.O.
7k,M18S. O. & It. Riv
7s, Ark. Cent. It.
California 7s
do
7s, large
Connectlcut6s
...
bonds
22**
Boston, Hartf. A Erie, 1st mort
10
105
15
Bur., C. Rapids
83
1877...
1878.
1879...
1880...
®
-
T
-
-
....
102*'
*
#
#
*
Bounty Loan,
93*
95*
94*
.
.
.
....
t-
95 V
95
101
100
97*’
reg.. 105 V
105*
1868...
Class 2.
Class 8.
#
»
*
110
110
110
.
»
*
....
liT*
....|
""1
28
28
do new bonds, 1866...
do
do
1867...
do consol, bonds
do ex matu d coup,
do 2d series
do
do deferred bonds..
.
•
.
16
23
20
17
*9*’
8
....
7
Railroad stocks.
(Vctive previously quoted.)
Alb my A Susquehanna
Ceniral Pacific
Chicago & Alton
pref
Chic., Bur. & Quincy
Cleve., Col., Cfn. A Indlunap..
guar...
34
*
.
31
55
53
73
50
49*
49*
"
e
«
»
42
11*
95
105*
lio*
61*
89*
66
90
Indianap. Cin. & Lafayette
15
98
2d pref
80"
Morris A Essex
Missouri, Kansas A Texas.
New Jersey Southern
N. Y.,New Haven & Hartford.
Ohio A Mississippi, pref
Pacific of Missouri....
Pitts., Ft. W. A Chic., guar
95*
..
....
*6~
95
...
do
special..
Rensselaer A Saratoga
Rome, Watertown & Ogdens..
St. Louis, Alton & T. Haute...
do
d0
do
pref
Belleville & So. Illinois, pref..
Bt. Louis, Iron Mount. A South.
Toledo, Peoria & Warsaw
.Toledo, Wab. A Western, pref.
ffllscellaneoii* Ktocks
American District Telegraph..
79*'
76'
7
27**
.
■
4i*
79*
76"
101*
92
81
102*
97
94
106* 105 \
101*
108*
109"
108*
105*
ioi*
Long Dock bonds
Buff., N. Y. & Erie, 1st m.. 1877.
do
do
do
large lids
104
Han. & St. Jo. land grants
do
do
8s, conv. mort...
ioi"
Illinois Central, 7 p. c., 1875....
Dubuque A Sioux City, 1st in.. 97*
95
82*
88*
83
46
25
Cleve., P’ville & Ash., old bds. 100*
new
102*
l66*
101* 102*
92"
107"
112
101
29
102*
11234
102
100
San
95
•
•
•
6i
35
58"
42*
83*
99
98
82*
34*
100
99
83
94
Col., Chic. & Ind. C. 1st mort..
do
do
2d mort..
Rome, Watert’n & Og.con. 1st
St. L. A Iron Mountain, lstm..
do
do
2dm..
Alton & T. H., 1st mort
do
do
2d mort. pref...
60
81
91*
8i*
91*
81*"
100* 101
106*
102
100
103
101
104
97"
70" 70*
32
94
95*
73*
106
93*
St. L. A So’eastern 1st 7s, gold.
St. L. A St. Joseph 1st 6s, gold.
Southern Central of N. Y. 7s...
Union A Logansport7s
Union Pacific, So. branch, 6s, g
Walkill Valley 1st 7s, gold..,
West Wisconsin 76, gold....
Long Island RR„ 1st mort..
Nashville & Decatur, 1st m. 7s.
South Side, L. I., 1st m. bonds.
Western Union Tel., 1st 111. 7s.
miscellaneoufl Ll»t,
gold...
6s, gld.
Atchison, Top. & S. Fe, 7s, gld
Atchison & Nebraska, 8 p. c...
Atchison & P. Peak, 6s,
Atlantic & Pacific L. G.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Land m. 7s..
2d S., do 7s..
3d S., do 8s..
4tli S., do 8s...
5tli S., do 88.
6th S., do 8s.
Creston Branch
Charlton Branch
36
62*
30
41
66
45
106* 107*
102
100
100
101
* 104
105
105
48
Bur.,C. R. & M. (M. div.), g. 7s.
101
Bur. & M. (in Neb.), 1st conv..
71
Cairo & Fulton, 1st 7s, gold
California Pac. RR. 7s, gold... 06" 80
70
do
6s, 2dm., g
Canada & Southern 1st 7s, gold 65" 70
90
95
Central Pacific 7s, gold, conv,
85
do
Land grant 6s,g
Central of Iowa 1st m. 7s, gold 27* 32*
do
do
2d m. 7s, gold
ioi"
Keokuk & St. Paul 8s...
101
101
eg 5 101
C* 101
101
39
res
100
Peoria & Hannibal R. 8s.. JZ
t
Chicago A Iowa R. 8s....
American Central 8s
Chic. A Southwestern RI{. 7s
Chesapeake A 0.1st in. gold 6s
do
2dm. gold 7s
Col. A Hock. V. 1st 7s, 30 years
1st 7s, 10 years
do
do
2d 7s, 20 years
do
do
Chic. A Can. South. 1st m. g. 7s
Cli. I). A V., I. div., lit m. g. 7s.
85*’
95
49
25
95
95
90
45
101* 102
45
48*' 52*
48
90*
loo*
65
72
45
55
Chicago A Mich. Lake Shore..
Dan.,lTrb., Bl. A P. 1st m. 7s, g
Des Moines A Ft. Dodge 1st 7s.
Detroit, Hinsdale A In. RR. 8s.
Detroit A Bay City 8s
Detroit, Eel River A Ill. 8s
Det., Lans. A Lake M. 1st m. 8s
do
do
2d m. 8s
Dutchess A Columbia 7s
Denver Pacific 7s, gold
Denver A Rio Grande 7s, gold.
Evansville A Crawfordsv.,7s..
Erie A Pittsburg 1st 7s
do
do
2d 7s
do
do
7s, epuip
Evansville, Hen. A Nashv.7s..
Elizabethtown A Padu. 8s, con.
Evansville, T. H. A Chic. 7s, g.
Flint A Pere M. 7s, Land grant.
Fort W., Jackson A Sag. 8s
Grand R. A Ind. 7s, gold, guar.
do
do 7s, plain
Grand River Valley §s
Hons. A Texas C. 1st 7s,
gold..
Indianap. A Vincen. 1st 7s,guar
50
52*
85*
60
70
50
60
85*
<5
85
SO
84
65
95
102*
81
95
85
80
100
90
85*
Indianapolis A St. Lo^Is 7s....
Jackson, Lansing A Sag. 8s
Jack., N. W. A S. E. lstm. g.7s
Kansas Pac. 7s, extension, gold
do
7s, land grant, gld
do
7s,
do new,gld
do
6s,gld, June A Dec
do
6s, do Feb. A Aug
do
7s, 1876, land grant
do
7s, Leaven, br’nch
do
Incomes, No. 11...
85
90
85
do
No. 16...
do
do
Stock
Kalamazoo A SouthH. 8s,guar
Kal., Allcghan. A G. R. 8s,guar
Kal. A White Pigeon 7s
Leav., Law. A Gal. 1st m., 10s..
Louisiana A Mo. Riv. 1st m. 7s.
Logans., Craw. A S. W. 8s,gld.
Michigan Air Line 8s
Montlcello A P. Jervis 7s, gold
Montclair 1st 7s, gold
Mo., Kansas A Texas
gold..
Mo. R., Ft. S. A Gulf l
m. 10s.
do
do
do 2am. 10s.
N. J. Midland 1st 7s, gold
2d 7s
do
N. Y. A Osw. Mid. 1st 7s, gold,
do
do
2d 7s, conv.
do
West. Extension 7s.
N. Haven, Mlddlet’n A W. 7s..
North. Pac. 1st m. gold 7 3-10e..
no
Land warrants....
Omah » A Southweatern RR, 8a
60
64
92
64
68
70
65
62
66
66*
25
15
7*
90
85
95
55
40*
is*
90
25
90
25*
100
100
95
100
50
75*'
60
45
85
25
92*
35
100
55
35
50
50
50
45
20
26
8
5
do
40
....
25**
90
•
•
is"
82*
60
....
85**
65"
70
60
70
45*'
50
65
70
Charleston. S. C., 7s, F. L. bds.
Columbia, $• C., 6s
Columbus, Ga., 7s, bonds
Lynchburg 6s.
Macon 7s, nonds
Memphis old bonds, 6s
do
new bonds, 6s
do
end., M. A C. RR.
...
Mobile 5s
do
8s
Montgomery 8s
Nashville 6s, old
do
6s, new
New Orleans 5s
do
consol. 6s
do
do
do
do
Norfolk 6s
70
bonds, 7s
gold 7s, quarterly
10s
to
railroads, 6s..
Richmond 6s.
Savannah 7s,old
do
7s, new
83
82
82
Wilmington, N. C., 6s, gold....
do
do
75
82
85
55
70
62
70
74
75
50
43
55
45
55
65
80
70
40
52
37
38
60
42
68
70
85
85
85
65
80
8s, gold....
■RAILROADS.
Ala. A Chatt. 1st m. 8s., end....
Ala. A Tenn. li. 1st mort. 7s...
do
do
2d mort. 7s
Atlantic A Gulf, consol
do
do end. Savan’h.
do
do stock
do
do
do
guar...
Gentral Georgia 1st mort. 7s...
do
consol, m. 7s
do
stock
Charlotte Col. A A. 1st M. 76..
do
do
stock....
Charleston A Savannah 6s, end
Savannah A Char. 1st m.7s.
Cheraw A Darlington 7s....
East Tenn. A Georgia 6s
East Tenn. A Va. 6s, end. Tenn
E. Tenn. Va. A Ga. 1st m. 7s...
do
do
stock
do
slock
Greenville A Col. 7s, guar
do
do 7s, certif....
Macon A Brunswick end. 7s...
Macon A Western stock
Macon A Augusta bonds
do
ao
endorsed....
do
do
stock
Memphis & Charleston 1st 7s..
do
do
do
2d 7s...
stock
do
.
Memphis A Little Rock lstm..
Mississippi Central 1st m. 7s...
2d m. 8s....
Mississippi A Tenn. 1st m.7s..
do
do
consol. 8s.
Montgomery A West P. 1st 8s.
do
do 1st end
do
do Income
Mont. A Euf aula 1st 8s, g. end.
Mobile A Mont. 8s, gold, end..
Mobile A Ohio sterling
do
do
do
ex certif
do 8s, interest
do
do
do 2d mort. 8s....
do
do stock
N. Orleans A Jacks. 2d m. 8s...
do
do certif’s 8s..
N. Orleans A Opelous. 1st in. 8s
Nashville A Chattanooga 6s...
Norfolk A Petersburg lstm.8s
do
do
7s
do
2dm. 8s
do
.
Northeastern, S. C., 1st in. 8s..
do
2d in. 8s...'
Orange A Alexandria, lsts, 6s..
do
do
2ds, 6s..
do
do
do
do
3ds, 8s..
4ths, 8s..
Riehm’d A Petersb’g 1st m. 7s.
Rich., Fre’ksb’g A Poto.6s...
do conv.7s
do
Rich. A Danv. 1st consol. 6s...
Southslde, Va., 1st m. 8s
2d m., guar. 6s.
do
do
3d in. 6s
do
4th m. 8s
Southwest RR. Ga.lstm.
.
do
stock
Carolina RR, 1st m. 7s, new.
S.
do
6s
do
7s
do
stock
West Alabama 8s, guar
—
PA81’ due coupons.
do
consol, coup
Memphis City coupons,..,,
,,,
20
30
58
52
42
60
65
•••«
10
1
30
95** 100
83* 85
58
53
67
62
35
62
70
90
65
82
50
85
70
50
63*
80
62
10
82*
70
T2
72
86
60
90
80
53
50
70
Bl
88
90
15
85
65
12
65
85
78
•
70*
65
•
35
85
100
...
88
27* Tennessee State coupons
Virginia coupons
36*'
•
98
40
60
68
55
62*'
Atlanta, Ga., 7s
do
100
90
20
10
Securities.
Georgia RR. 7s
60
92* 100
95
CITIES.
...
Chic., Danv. A Vlucen’s 7s, gld
Connecticut Western 1st 7s....
100
iw
Petersburg 6s
44
ioi"
47"
Southern
•••
•
...
Charleston stock 6s
45
99
Carthage & Bur. 8s
Dixon, Peoria & Han. 8s.
O. (). & Fox R. Valley 8s.
25**
Augusta, Ga., 7s, bonds
101
101
100
100
Wisconsin Valley 8s
100
75
45
35
90
70
Sandusky, Mans. A Newark 7s.
St. Louis, Vandalla A T. II. 1st. 95*’
do
do
2d, guar. 80
1884
1887
94*
85
Kansas City A Cameron 10s.
83* 84
Kan. C., St. Jo. A C. B. 8s of ’85
103*
do
do 8s of ’98
do
85*
Keokuk A Des Moines 1st 7s...
91* 91* L. Ont. Shore RR. 1st m. gld 7s.
91* 92* Lake Sup. A Miss. 1st 7s, gold.
96
Lcav., Atch. A N. W. 7s, guar..
Joaquin br’nch 84*
Cal. & Oregon 1st.,
State aid bonds
Western Pacific bonds
Union Pacific, 1st mors, bonds
Land grants, 7s.
do
do
Income past due
do
Sinking fund..
Pacific R. of Mo., 1st mort. ...
do
do
IstCaron’tB.
do
do
2d mort
Pacific R. 7s, guarant’d by Mo.
Pitts.. Ft. W. & Chic., 1st mort.
do
do
2d mort.
do
3d mort.
do
Cleve. & Pitts, consol, s. fund,
do
do
3d mort
do
do
4th mort
55
Iowa Falls A Sioux C. 1st 7s...
99*
6s, real estate...
6s, subscription
103'
7s, 1876
do
7s, conv., 1876...
do
7s, 1865-76
do A Hudson, 1st m.,coup. 112
do
1st mort., reg... no* 112
Hudson R. 7s, 2d m. s. fd. 1885.. 107 I
no
7«, 3d mort., 1875... 101
109* 109*
Harlem, 1st mort. 7s, coup
do
do
do
78'
Cleve., Mt. V. A Del. 7s, gold..
Connecticut Valley 7s
101
102
do
do
Chicago, C. A Dub. 8s‘.
Chicago, Bur. A Quincy 7s
101* 102*
105*
102* 105
102
91
do
do
Chic., Dub. & Minn. 8s...
.
do
do
reg
North Missouri, 1st mort
Ohio & Miss., consol, sink. fd.
do
consolidated
do
do
do
2d
do
Central Pacific gold bonds....
Rondout A OBwego 7s, gold...
Sioux City A Pacific 6s
South Pacific 6s, gold
Southern Minn, construe. 8s...
do
7s
St. Jo. A C. Bl. 1st mort. 10s...
do
do
8p. c.
St. Jo. A Den. C. 8s, gld, W. D.
do
do
8s, gld, E. D..
44*
Missouri, 1st m.
Sidney & WarsawJBs
linois Grand Trunk
endorsed
.......
•
American Coal.
Consolidation Coal of Md
28*'
is*
Boston Water Power
nnton Co .Baltimore
59
Cent. N. J. Land Improv. Co..
Dslawa*e & Hudson Canal
113
35*
68"
...
81
77
102*
7s, 1879
00
101*
7s, 1883
97* 97*
7s, 1880
96*
7s, 1888..
7s, cons. mort. gold bds.
do
do
do
64
58
Pekin,Lincoln & Decatur, 1st m
Cin., Lafayette & Chic., 1st m.
Del. & Hudson Canal, 1st m., ’91 105
104*
Kalamazoo & W. Pigeon, 1st..
Lake Shore Dlv. bonds
do
Cons, coup., 1st...
do
Cons, reg., 1st
do
Cons, coup., 2d....
do
Cons, reg., 2d
Marietta & Cin., 1st mort
Mich. Cent., consol. 7s, 1902 ...
do
1st mort. 8s, 1802..
New Jersey Southern, 1st m. 6s
consol. 7s
do
do
New York A New Haven 6s—
N. Y. Central 6s, 1883
do
6s, 1887
82*
90*
97*
111\ 112*
102X 102*
2d mort
bonds
construction. 98
102
7s of 1871
do
Pullman Palace Car Co. stock.
do
bds, 8s, 1st series
Rockf’d.R.I.ASt. L. 1st 7s, gld
Rome A Watertown 7s
Rome, W. A Ogdensburg 7s...
Lafayette, Bl’n & Miss., 1st m.
....
....
Michigan Central
do
2d mort.,
3d do
4th do
5th do
80*
Illinois & So. Iowa, 1st mort..
....
97*
13*
Quincy & Toledo, 1st mort. 1890
Bid. Ask
8BCUKITIES.
77* Oswego A Rome 7s, guar...
98
Peoria, Pekin A ,J. 1st mort.
81
Peoria A Rock 1.7s, gold
72
Port Huron A L. M. 7s, gld, end
do
do
7s, gold...
70
Han. & Central
bds 101
Detroit, Monroe & Tol. bonds. 102
102
Buffalo A Erie, new bonds
100
Buffalo & State Line 7s
56*
105
109
110
do
do
do
do
do
do
do
do
do
10
....
Joliet & Chicago
Long Island
Marietta A Cin., 1st pref
C.,C.,C.& lnd’s.l8tm.7s, S. F.
Del., Lack. A Western, 1st in.,
do
do
2d m.
do
do
7s, conv.
Morris & Essex, 1st mort
do
do
lstm. St.L. div
do
do
2d mort
do
do
equipm’t bds.
do
con. convert..
do
Hannibal & Naples, 1st mort...
Great Western, 1st mort., 1888.
do
2d mort., 189:)..
77
109
Indianap., Bl. & W., 1st mort..
.
48
100*
do
do
1st m.I.AM.D.
do
1st m. I. A D..
do
do
do
1st m. H. A D.
do
do
1st m. C. A M. 80
73*
do
do
1st Consol.
77
do
do
2d m.
do
Chic. A N. Western sink. fund. 104
int. bonds.
do
do
consol.bds
do
do
ext'n bds.
do
do
1st mort... 99*
do
do
do
do
cp. gld.bds *)%
do
do
reg. do
Iowa Midland, 1st mort. 8s—
Galena A Chicago Extended... 105
101*
do
2d mort
do
90
Peninsula, 1st mort., conv
Chic. & Milwaukee, 1st mort.. 92
Winona A St. Peters, 1st mort. T6*
do
do
2d mort..
2d mort...
do
do
Mich. So. 7 p. e. 2d mort. ......
Mich. S. A N. Ind., S. F., 7 p. c.
Cleve. & Tol. sinking fund....
do
do new bonds
53
do
44
50
,
34
Erie pref
Hannibal & St. Joseph, pref...
Illinois Central
,,
22*
45*
106
Chicago, Rk. Island & Pacific.
Central of N. J., 1st m., new... 108
103* 103*
do
do
1st consol,
105*,
do
do
con. conv..
99*
Am. Dock A Improve, bonds.. 99
108* 110
95* %
do
do
do
7 3-10 do.
do
do
7s, gold, R. D. 80
89"
do
do
lstm.,LaC.D.
do
do
2d dlv.
Cedar Falls & Minn., 1st mort.
e
.
do
do
1st mort...
do
do
do
income....
Joliet A Chicago, 1st mort..
Louisiana A Mo., 1st m., guar.
St. Louis, Jack. A Chic., 1st m.
Chic., Bur. & Q. 8 p. c. lstm...
do
do consol, m. 7s
do
do
do
do
do
do
32
Pittsburg',
Dubuque A Sioux City
22*
Chesapeake & Ohio 6s, 1st in... 35'
do
do
ex
coup
Chicago A Alton sinking fund,
106
Erie, 1st mort., extended.
53*
53*
"
Cleveland A
guar—
A Minn. 1st 7s, g
.
Special tax, Class 1.
do
do
104
100
..
r
95
New bonds, J. & J..
do
A. & O..
do
do
100
...
9i*
113
108
<7
A. & ().. 27
do
...
...
....
do 1876.
do 1886.
do 1887.
do
t
....
Virginia 6s, old
do
f
T
.
Texas, 10s, of 1876
do
f
T
25*
25
99*
bio 6s, 1875,
101
do 6s, 1881
do 6s. 1886
7.... 105
103
Rhode Island 6s
31
South Carolina6s
31
do
Jan. & July
31
do
April A Oct
do
Funding act, 1866... 31
Land C, 1889, ,J. A J. 31*
do
Land C,1889, A.& O. 31*
do
do
7s
of 1888. 31
7*
do
nonfundable bonds.
70
ennessee 6s, old
49
do
do ex coupon
do
do new bonds
49*'
do
do
do
ex coup
do
do
do new series 49
do
do
do
do
T
,
24
26 V.
26
Fudding act, 1866...
do
do
do
do
•
-
-
.
N. C.RR....J.&J..
do
A. A ()..
do coup off.J. & J..
do do off.A.&O..
Tdo
.
.
99* 100
98*
97
do
coup,
6s, Canal Loan, 18i5.
6s,
do
1877.
6s,
do
1878.
6s, gold reg
1887.
6s, do
coup..1887.
6s, do
loan.. 1883.
6s, do
do ..1891.
5s, do
do ..1875.
5s, do
do ..1876
North Carolina 6s, old, J. A J..
do
do
do
do
do
do
do
•
102
101
Funding bonds due in 1894...
Long bds. due ’81 to ’91 lncl..
Asylum or Univers.,due 1892.
Han. & St. Joseph, due 1875.
do
do
do
do
do
do
New York
do
do
do
do
do
do
do
do
do
do
....
25*
Michigan 6s, 1878-79
do
6s, 1888
do
7s, 1890
Missouri 6s, due in 1875...
1876.
*
100*
of 1910..
do
do
do
do
do
*
*
100
100
do new floating debt
7s, Penitentiary
6s, levee bonds......
8s,
do
8s,
do
1875..
6s
*
'
do
...
U)0*
26*
do
do
do
do
do
do
do
do
15
15
15
80
90
bonds,
2d
3d
10
10
10
Kentucky 6s
new
do
do
15
loo"
Louisiana 6s
do
do
do
do
102
10
do
7s, new bonds.
do
7s, endorsed
do
78, gold bonds
Indiana 5s
Illinois 6s, coupon, 1877
do
do
1879
War loan
do
do
do
do
do
do
Alton & T. H.,2d mort.Income
3>„
4* Belleville & S. Ill. R. 1st m. 86.
Mariposa Land A Mining Co...
s*
do
do pref
Tol.. Peoria & Warsaw, E.D...
16
\Y
do
do
W. D..
Maryland Coal
241
246
do
do Bur. Div.
Pennsylvania Coal
65* 67
do
do 2d mort..
Spring Mountain Coal
do
do consoles
Railroad Bonds,
106
106* Tol. & Wabash, 1st m. extend,
Albany A Susq., 1st bonds...
53
101* *
Georgia 6s
Bid. Ask
SECURITIES.
Cumberland Coal & Iron
41
41
8s, Ala. A Clmt. R
of 1892..
8s
Arkansas 6r, funded.
do • 7s,L. R. A Ft. S. iss.
do
7s, Memphis & L. R.
Bid. Ask.
SECURITIES.
•
•
80
75
•
•
• •
60
25
80
74
70
65
62
18
91
90
85
80
98
88
82
92
85
90
82
91
75
90
80
80
6S
.um
m
4:
1s?||
[January 23,187 5.
THE CHRONICLE,
82
LOCAL SECURITIES.
NEW YORK
Net
Capital.
Marked thus (*)
notNational.
arej
!
..
250,000
100
j
Broadway
Hull’s Head*...
Hatchers & Drovers
M.&N.
J. & J.
j
Central
Chatham
Chemical
Citizens’
Q-J.
J. & J.
J. & J.
800,000
2,000,000
450,000
2ft I
100
25
ev.2 mos
J. & J.
1,000,000 M.&N.
100'10,000,000 ,T. & J.
100' 1,500,000 i j. & j.
100' 1,000 000 I F.&A.
loo; 100,000 i J.&J.
100 1,000,000 | J. & .1.
25
350,000 ! J. & J.
25
210,000 J.& J.
Q-J.
100
1 >0,000
500.000 ! Q-.T.
100
J. & J.
100 5 000,000
30
000,000 j M.&N.
A.& O.
50 1 500,000
100 ‘>’000,000 ; F. & A.
City
Commerce
Continental
Corn Exchange*
Currency
Dry Goods*
East River
Eleventh Ward*
Fifth
First
Fourth
Fulton
Gallatin
German American*..
German Exchange*...
Germania*
60-0.000
100
100 j
Importers’ & Traders’. 100:
501
Leather Manufactrs...! 1001
Loaners’*
1001
Manufctrers’& Build.* 1001
50
Manhattan*
Manut. & Merchants*. 100
Irving
12
7
7
14
15
9
4 "0,000
2.050,000
300,000
600,000
1,000,000
50
3.COO.OCO
50
100
1,000,000
500,000
i.<000,000
200,000
100
100
100
100
100
Nassau*
New York
New York County
200,000
500,000
500,000
100;
J. &
J. &
J. &
J. &
J. &
180,900
100:
50 i
25!
1,000,000
400,000
300,000
501
2,000,000
25‘
412,500
1001
250,000
100 2,000,000
:oo 1.000,000
100
300,000
100
300,000
100 1,000,000
200.000
100
100 2,000,000
100 1,000.000
100 1,000.000
40 1,000,00(1
50 1,500,000
too
200.000
Second
Shoe and Leather
Sixth
State of New York....
Tenth
Third
Tradesmen’s
Union
est Side*
•
•
M
& J.
& J.
& J.
&N.
& J.
50
20'
50
Jan. 2,’75...5
’0
Jan.2.’75 ..5
Jan. 2,’75...5
10
9
(Jan. 2,‘75...4
*75 ..4
j Jan. 4,’75.. .5|
8
i Jan.3,
l
10
5
1
I
13
J 132
131
! July 1/74... T
|!
.May,
8
8
3
8
2,’75...41
’73...5'
plan. 2,
Mechanlcs’(Bklyn); 50
12
12
12
SO
7
j
Montauk (B’klvn).:
Nassau (B’klyn).. ,
3k
8
lit
12
12
9
8
y
105
..
115
..
Resolute
Rutgers’
Safeguard
St.Nicholas
300.000
380,000
4,000,000
8(H),000
750,000
100 5 000,000
25; 1,000.000
Mutual,N. Y
Nassau, Brooklyn
do
scrip
New York
Q-F.
:
Sterling 7
,
;oct.,
5
Bid.
Last
dividend,
225
*;t
’;l(
’74.j
...
.
.
4,000,000
1,000,000
j
300,000
501
400,000
'I
.
,
.
I
1860
Jan.,75
1881
i Nov .’74
1872
!
i •■iss-r
!
18M
it Brook'n—let mort! 10001 307,000 i »J. & J.
Pry Dock, E. B. it Battery—stock; 100 1,200,000! Q-F.
1st mortgage, cons’d
: ...j
900.(HH) i J. & D
Eighth Avenue—stock
too 1,000,000 i J. & J.
i
Street—stock'
650 030!
11000 ;
mortgage
iidSt.it Grand St terry—stock..; 100;
1st mortgage
11UOO!
Central Cross Town—stock
J...
1st mortgage
Hinth Avenue—stock
j 100
1st mortgage
; 1000
Second Avtnue—stock
1 50
1st mortgage
' I000
2d mortgage
M0 0 :
1st
1000
1000 ;
j 1CF j
..
KXH) ;
3d mortgage
Cons. Convertible
Sir.Hi Avenue— stock
1st mortgage
.
100;
Third Avenue—stock
j 10001
1st mortgage
Twenty-third Street—stock
t mortgage
This
j
column shows
:
100
ilHH’l
203,000 ! J.&J.
750,000! M.&N.
220,000 A.&O.
560,000 i
200,000 ..
797,000
167,000 | J. & J.
!.< 99,500350,000 1 ?:iS:
200,000 ! F. & A.
A.&O.
150,000 . M.&N.
349/ 00 i
750,000 ' M &N.
250,000 I J.&J.
2,000,()00 1 Q— F.
2,000,000 J.&J.
600,00ft J & J.
120.000 M.&N.
last dividend uo stocks, also date of
j 5
110
4 •0
)....;iio j(10
10
i-2kii2kn5
; ll
....
( 110
! 285
j 120
85
Jan., '75. .5
Jan., ’75. .6
i Jan.,’75..5
i Jan., ’75..5
Jan ,’75. .5
! J: I1./75...8
103
105
65
150
160
'
1
j
145
120
I
85
I
1
91)
100
*90
1S.&36 11
87,540 10
26,10!
137,086 12
190,348 -20
46,539 12
3(H),000
150,000 !
200,000 t
200.000
200,000
250.706 (20
176,013 16
11,840 ...
500.000
327,564
350,000
7(15
111,467 115
255,634 20
131 ,:>79 ; 11
20
6
12
150,000
1,000,000
96,107
183,209
200,(00
200,000
11.631
ii
300,(HH)
57.8SS
'
i
-
«
7
4
iio
25
33,235
66,279
32,8 3
43,417
131,409
62,166
216,767
158.628
*
200.000
200.000
150.000
250,000
16
10
|20
10 I Jan., ’75..5!
j 12 Man.,,’75..e!
20 t Jar.,’73.10
'0
j Jail., ’75.10)
113
120
110
'
-
Iio
_
11
’8
10
Jail., 75.10
Jan., '75.10
10
11
!()
10
Jan., ’75. 5
•'ail., ’75. .5
Jaq., ’75.10 180
92
.Inn., ’75. .5
Jan., ’75..6 105
Jan., *75. .6 106
85
Jan., ’75..5
Jan.,’75 .5 6U
Jan., *75.10 150
.lull., ’75.10 125
Jan., ’75. .8 115
250.000
9k
.
t
•
10
6
5
10
13
to
10
M
12
11
10
85
J n.,’75..5
Jan , ’75 .5
10
11
15
10
10
16
5
110
.
.
....
....
77>
10
10
12
14
14
14
i
85
20
! 2:0
150
10
lOkhsk'
i
200
150
!2J
....
5
SO
Jail., ’75.10
....
10
Jau., ’75.19
! Jan., *75. .51
mu
10
.12
20
ill
116
! 1 '2
,
Jail., ’75.10
Mau.. ’75.10
120
' 18
!
10
14
10
130
j ‘20 120 i20
..
10
10
Jan., *75.10
Jan., ’75..6
!
...
47.779
90
|
....
200,000
2(H),000
200,(HH)
150,000
2(X),000
2(H),0(H)
’75..5
Man., ’75.10
jjan.. '75. .5
120 ISU
|20
|«u
120 ;--20
1
18,493
15,799 3k;....
•20
165,316 16 ; 20
200,< (0
! Jan
:io
ill
10
I'j
>0
10
_
r>
;
......
.
.
i 5
Jan.. *75.10
185
f
T
...
....
.
.
.
9<i
86
,
...
....
170
750
liabilities, including re-insurance, capital and profit scrip.
Nassau Street. ]
190
10J
152 V
rig:”
102
;
S5
i...
72k
do
do
j
Improvement stoek
85
Xov.l/ij i
Consolidated bonds
Street imp. stock'
do
....
60
60
do
do
do
6
5
7
!
6
7
do
6 g.
var.|
6
do
do
do
7
;
Nov.’74 !
1890
Nov. 1/74
,
’iu"
,
..
7
7
7
.
'
...
iB"
iio
‘ioo-
95
maturity of bondt.
ito
ioo
I
j
I
Kings Co. bonds
do
do
Ex Jan. interest.
’+Flat.
do
do
do
do
7
6
I
City bonds
*
7
7
1
»
ao
do
6
do
6
•
-
do
do
do
do
do
do
do
do
do
do
do
do
May & November.
7
.
do
1901
1878
1894-97
!
1373-75
1876
1889
;
1879-90
1901
1888
1879-82
I
’
18771899-1902
'
j
|
■
1372-79
1S74-1900
1S75-91
!
1875-80
January & July,
7
i
,
1874-98.
1S71-95
1851-76
.!
Broker, 2k Wall st.]
7
i
do
Park bonds
Water loan bonds
Bridge bonds
Water loan
1884-1900
1907-11
-
j Jan., May, July & Nov.
7
[Quotations by N. T. Beers/ Jr.,
Brooklyn—Local I111 pro vein’t
City bonds
1890
Jan.,’75
75
do
do
January & July.
do
do
do
do
do
do
6
....1869-71 i
....
Feb.74 '
1877
!
1676
i
1885
1888
I
do
do
1869.'
var. i
var.
1 1884-1911
;
7
6
1652-67.1
1890
May & November.
'
'Feb.,May, Aug.& Nov.'
May & November.
*
dt
i
do
7
6
1869 \
1883-90
1875-79
Feb.,May Aug.&Nov.
5
j
1870-80
:
;
j
May & November.
6
Sewerage bonds
1866-69.1
Bergen bonds
1668-69.;
Assessment bonds... 1870-71.
65
C)
(o
do
do
Jersey City:
Water loan
do
...
'i(>6
,
6
7
1852. i
1870.
"76
9!)x
1*5
!UJ
6
Floating debt stock
1860.!
Market stock
1865-68. j
Soldiers’aid fund
18G3.
do
do
1863.
,,k*
i
5
Nov.I
do
do
do.
do
do
do
do
do
6
..1853-65.;
Dock bonds
Feb., May Aug.&
5
Central Park bonds. .1853-57.;
do
Nov.,’74 j
1373
New York:
'■
Water stock
1811-63.1
1354-57. J
do
Croton water stock..1845-51.
do
do
..1852-60 .
Croton Aqued’ct stock. 1S65.
do
pipes and mains
'
do
reservoir bonds
'
Bid.! Ask
Months Fayablc.
Rate.'
!
Jan.,*75 ;
Price
Bondsdue.
1100
is77 '
Christopher it Tenth
200,000!
150,OtH)
200,000
200,000;
133
100
98
100
62
tj mey Island
10
Interest.
70
18-8
1SM
4884
1885
i
600,000 ! M.&N.
' 1000 !
do
2d
! 13
' 10
j.... i io
10
Jan,*75.4.80
Jail., ’75.15
Jan.,*75 .7
.Jan., ’75. .5
•Ian., ’75..5
Jr.ll., ’75. .5
Jan.,’75..8
i
120
107
225
110
City Securities.
70
Jan., 75
i
City.
.
95
138
88
1S9
97
Jan.,
.
Over all
.10
;io
5
5
10
...
jlO
'10
sv;' io
i
:
,10
130
10)
93
90
; Jan.,
;
*
25
50
Jan., ’75.10
113
|20
[Quotations by Geo. K. Sistake, 24
97
Q-F. (5 I NOV. 1 *74.}
j 3k Jan., ’75;
900.0(H) Bleecker St.it FultonFerry—stock | 100
i000! 694,000 j J.&J.
1st mortgage
100 2,100,000 | J. & J,
Broadway ct Seventh Are—stock.
1st mortgage....
I 1000 1,600,000 I J. & I).
10 ( 2,000,000 !
Q-F.
Brooklyn City—stock
1000
3(H),000 J.&J.
‘
1st mortgage
1001 200,000 J.&J.
Broadway (Brooklyn)—stock
400,000
Brooklyn it Hunter's Pt—stock... :oo;
J & o
1000 i
390,000
1st mortgage bonds
1
A.& O.
115.0(H)
Atlantic Av , Brooklyn—1st mort. 500'
500:
100.000 A.& O.
do
2d
500'
164,000 J. & J.
do
3rd
Ventral Pk, N. it E. Hirer—stock: 100 1,161,000
1st mortgage
'1000 550.000 F.&A
Tradesmen’s
United States
Williamsburg
i.
i
,....
I.... | 1,000,000
serin
25
25
Stuyvesant
'20
,
250,000'
j 165
123
lan.. ’75
Jan. 4, ’75' 1:8
7
I 5U| 1,000,000 J.‘&'j!
J. & J.
50
KH)
10 •
!00
25
1(H)
25
.
'
M.& S.
F. & A.
101
223
155
!
100
I
92
,! 2k
500,000
Askd
Sept 122/741 142k
M.&S.
J. & J.
1<0
.
Star
Q-J • ! 2k'Oct. 15.’711
4 jOct.,
A. & O.
125
1
F.&A.
jAng.,
J & J
! 5
j July. ’74.!
Dec. 30/71! 261
J.& J. iiO
M.&N.
...
People’s (Brooklyn)
do
do
bonds....,
Westchester County
_
£
It’ll
50
100
1(H)
Standard
1
50
...
82
I
|....
200,000
150.000
Republic
•
Periods.
2(H),000
300,000!
200,000 I
100!
20;
‘20
j.
,
2(H),000
Ridgewood
(Jan. 2. '75. ..5
Nov 2, 74. ..5
Man. 2. ’75 ..'4|
10
8
8
501
50'
150,IKK) !
2(H),000 i
150,000;
251
Phenix (B’klvn) ..
Produce Exchange
Relief
/ft
10
:0i
People's
'.Jan.2’74.2kg
8 * Jan. 2. '75- .4
12
11
200,000
200,010
210,000
200,000
Park
Peter Cooper
•? \,
V
50!
Pacific...
1 July 1, ’74 ..4
Nov.10 ’71
4
8
.....
200,000
N. Y. Equitable....!
New York Fire ...i 100
N. Y. & \ onkers.. lO0i
:(>!
Niagara
25
Nortli River
144
July 2. ’74 ...3
July 2. L5 .7
Jan. 2, *75. ..6
3
12
6.
50(
!37ki
National
It? J
.
3
j
Metropolitan
”‘g’
•
'
Mercantile
Merchants’
100k
’75 ..4
Jan., ’73 .3
Jan. 2, ’75 ..4
7 t July;, ’74 3k
12
i Jan. 2, *75 ..6
12 ! Nov.2 *74. ..3
12 1 Jail. 2, ’75 .6
Jaa. 2. ’75 ..5
10
T 1 Jan. 2, ’75 3 k
3k J illy 15, ’74 •?k
Aug. 10/7 4. 4
8
8
Ang.10 .‘74..1
to
Jan., ’75..5
Jan., ’75..5
...
150,000
Mech.&Trad’rs’....! 25j
94
J anid, ,4
110
2) 150 !Jan.,’75.25
277,374 |.23 128
8k .... i0 'Jan,, ’75..5
24.653 ! 10
i Jan. ,'75.. 10
112,555 i 10 ,17k; 20 120
137,544 ! 8k io iio no plan.,’75. ftj
33.329 !.... 10 i.... 10 (Jan., *75..5
M0 plan., ’75. .5*
238.9S8 110
Jail., ’75. .5;
....M0
9,930 10
!
62.187 i 9k
7k;!0 Jan.,’75.. .6
5
10
j 15 (Jan., *75..6'
57.210 10
7 ! 7 Man,, ’15. .8 j
4,520 ;....
Jail.,*75,. .5
i io
211,672 i 10
,10 10 jMull..’75.1( j
10 HO
20
123,627 !10
•Jan., *75.10
93,874 15 20 ' 20 (20
59,118 !.... io iio :io iJan., ’75..5j
|i 10 J -n., *15. .51
22,533 !....
10
1(1 i 10 Man '75..5
53.082,10
15 ! J an., ’75..►
147,715 'll i15 i 15
!..... 7 :io ; Jan., ’15. ,5i
35,438
Jan., '75. .5
77,573 i.... 5 HO ! 10
:..;!() HO Jan., ’75. .7
85.087 I..
260.705 '13 .20 i *20 j*.*0 'Jan., ’75.2('
10
10 i 10 Man., ’75..5
71,470 l()
280,000
LongIsland(Bkly.)' 50.
! 25'
Lori Hard
Manor & Builders’.' 100'
Manhattan
100!
v.li',’74..41 iwi’T 108
Man. 2, ’75...5j 125^!.
>U*
! 7^
I’n” no' Lo
110
70,493
15,645
1-8,248
257,122
60,6: o
200,000
100!
72V.
i::"
i
.
!
21,755
150,000
150,(HH)
40 j
|
75..
n.,
Jan., '75..7
Jan., ’75.. 5
ill
'5
‘20
10
74,201 i 10
204,000
20)
Lamar..
Lenox
1, *71. .4'
;Oct.
200,0(0
50i
.1
18kl skiifi
13.049
...
36,872 '....
3b,766 !.. .
34)
Knickerbocker
Lafayette (B’klyn)
ioi)‘
10
10
69.413
Kings Co. (B’klyn)
115
119
101
!Nt
!
8
10
‘
Irving
70
142
104
70
30
'(H)
200
Jan., ’75..5
MO
...
111
137,974 !20
891,016 20
Jefferson
j Nov.2,'74...,5
Nov. 2,‘71,..4
Jan. 2,’75.. .4
20,319 110
27,093 10
50.13 i :U)
200,000
501
Importers’* Trad..: KH
iza
V/. Nov.2/74..8k
,!
1,850,0(10
100;
certificates
do
ll
10
Si
...
Manhattan
Williamsburg
200
127
180
;20
(’-20
13 14
114k |20
98,610 '14 '17
>10
Gerinan-American: 1001 1,000,000
500,000
Germania
j 50
Globe
( 50 200,000
Greenwich
251 200,000 ,
j
Guardian...
I 100 i 200,000 I
Hamilton
.1 15! 150,000
400,000
Hanover
i 50'
50 j
IToffman...
200,000
i 100! 2,5(H),000
Home
Hope
: 25| 150,000
Howard
j 50i ’ f 00,000
Aug. Ui,"74. .5
8
4
2,000,000
20; 1,200,000
Jersey City & Hoboken
■ll
lUi
Bid.(Askd
..
300,000
50
Farrago t
,
17,
Firemen’s
10:
Firemen’s Fund
Trust..., 10'
Firemen’s
Gebhard.
j 100
Paid.
Last
' 210
Dec.,’74.10
i 5 Man., ’75..5
20 :20 I Jan-., ’75.10
(20 (80 Jan., ’75.10 207 !'
110k! 17 Man ,’75..io 185
I14J4120 ' Jan., *75.10 155 i.
Jail., ’75. IO 140 i 146
! 10
17
85 j....
Jail., ’75..5
j.... 10
70
I..
Jail., ’75..5
! 5 JiO
:is
14
214,850
224,865
227,332
193.594
200,000
153,000
301
Exchange
9i'
Jan. 2/75..3k
'
25;
certificates....
uo
Emporium
Stocks and Bonds.
Charles Otis, 47 Exchange Place, j
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn
Metropolitan
128
!
3(0,000
200,(HO
210,000
250,000
300,000
200,000
200,(HO
l.ooo.ooo
40; 300,000
100 j
2(H), 000
If 0
200.IX 0
Empire City
Jan.10,’75...4
10
;
Par Amount.
U-
|Jan. 2 *75...6
j
I
1:1'
97 k
70
96
i
Eagle
......
3k Feb.l2,’74.?k
9
j
,&N.
J.
J.
J.
M
T.
•
'■ept.10,'74. .4
|
•
......
200
200,000
17;
;
(1872|1378'1874
....
400.000
200,000 j
210.0,Rl ;
20' .000 '
20 j
; 70!
City
Clinton
,...i 100:
30
Columbia
Commerce Fire....! 1001
Commercial
j 50!
uo;
Continental
*.
.... *
.
Citizens’.
July 1 *71.. 4
;
;
&A.
& A.
& J.
& J.
& J.
& J.
Brooklyn
5!
;
1‘2
.
121
.
......
| Jan. 2,’75...7
10 'Jan. 2.’75...5
j
J.
J.
J.
J.
.
4ov.l/T4..K-i
(
14
1
!
•
i28
May, 1/74..10i
]Jan. 2,
3
8
•
and City It.lt.
[Quotations by
do
Harlem
10
;!
J.
F.
F.
J.
J.
J.
J.
.
St. Nicholas
Seventh Ward
20
j
J. & J.
J. & J.
J. & J.
20! 1,800.000
Republic
:
•
1871
iiTlklio
200,000
...
......
(May 1,’74...7
i
>
......
200
12J
Oct. 10,’74... 4
|
.
139
j Feb. 1, ’74...3
7
■
•
.
.
137
2-3; NoV.2, ’74.,-7 •
10
)
Q-F.
422.700
100 i
Phenix
Produce*....
j
.
.
100; 1,500,000
Peoples*.....
;
•
.
Price.
Dividends.
15,235 !■•••
6,598 !••■• ! 5
14 111
200,533 !11
M0
6
46,287
J
4,5‘5
15,193 10 110 ( 5*
48.76S , • • • i....iio
20
318,257 20 '20
!...
10,462
200.000
,
-
1874.*
Par Amount.
Adriatic
M£tna.
American
American
13b
....
Jan.2. '75.2k
8
3
i
M.&N.
J. & J.
J. & J.
,T. & J.
J. & J.
1,000,000
3,000,000
100
too
N Y.Nat.Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*
North America*
North River*
Oriental*
Pacific*
Park
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
J. & J.
J. & J
A. & ().
500,000
25
100
Metropolis*
Metropolitan.
Murray Hill*
I
J.&J. j
J.&J. !
J.&J.
400,000
l,OCO,OOC
2,000,000
50;
Merchants
Merchants’ Ex
11
.
130
Oct, 1. 74...5
Jan. 2, '75.. 4
s
.
.
500,000
10)
100!
25
Mercantile
7
JulylU,’73.8k
-Ian. 2, ’75...4
Jan. 4, 7'\3k
11
14
8
8
.j. & -j
F. & A. i
.T.&.J. |
F.&A. !
J.&J. ;
600.000
,
Marine
Market
Mechanics
Mech. Bkg Asso’tion..
Mechanics & Traders..
4
10
8
210,000 j M.&N.
200,000 ; M.&N. i
200,000 : M.&N. i
300,000 I j.&j. ;
1 000,000 i .j. & j. i
’100,000 M.&S. |
1 500, <00 ! J. &.!. !
500.000 ! j.& j. ;
100 i
100'
25 :
40!
Gas
Jam. 1,
25
100
501
.,
Excli’e..; 1(H)!
Amity..
; 100
Arctic
| 20 j
50
Atlantic
j 25 j
Bowery
..
Brewers’ & M’lst’rs 100
Broadway
; 25
118
•
Jan. 2, ’75...5
Nov.!, ’74...5
Jan. 4. 75..-4
Jan. 4.’75...4
Aug. 1/74...5
July 1.’74...4
3
-
10
'
Grocers*
Hanover
Harlem*
4
10
91
10
20
-
t
.
Greenwich*.
io
12
100
10
20
8
J. & J.
300,000
100
25
100
12
24
24
16
10
S
.]. & J.
251 l ,000,000
25 j
300,(HX)
150
118
Jan. 2/75...5
Nov 2/74...4
Jail. 2, ’75..6
Jan. 2, '75.. 12
Oct., ’73.. .4
Jan. 2,’75...5
Jan. 2/75...4
Jail. 2. *75...5
Nov. 1/7 4.. 15
10
8
10
8
J.& J.
Srr.j
I
street.)
PI.VS,
Companies.
•
100' 3,000.000
America*
American Exchange.: 100 : 5.000,000
Bowery
1874
1873
I
Askd
Bid.
Last Paid.
broker, 65 Wall
(Quotations by E. S. Bailey,
Price.
Dividends.
i
Capital,
COMPANIES.
Stock List.
Insurance
Bank Stock List.
'
do
1881-95
1915-24
-1903
!
1915
1902-1905
1881-95
.
!
;
1880-83
1S75-80
100k'
103k
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January 23,1875.]
83
THE CHRONICLE
the bonds of the Macon & Brunswick Railroad
Inuestmentfi
i
AND
I
BOND TABLES.
1. Prices of the most Active Stocks and Bonds are given in the
crs’ Gazette,” previously.
Full quotations of all other securities
found on preceding pages.
2. Government Securities, with-full information in regard
that he has investigated
“At the last sesdoubt existed as
to the validity of the State’s indorsement upon the $600,000 of
bonds of the company issued under the act ot 1870.
I now
the Governor
says,
i and learned matters which induce him to say :
i sion of the General Assembly I suggested
that
STATE, CITY AND CORPORATION FINANCES.
W EXPLANATION O F STOCK AND
on the State.’
But since then,
Company is bind¬
ing
!
“ Bank \ respectfully advise that the investigation be extended to all the
indorsements granted said company by the State since the adop¬
will be
tion of the
to each
present constitution.”
NORTH AND SOUTH RAILROAD.
the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published iu
“The North & South Railroad Company having failed to pay the
interest on its bonds indorsed by the State, I ordered all the prop¬
City Railroad and
be published the first three
erty of the same to be seized and taken possession of on the 23d
day of April, 1874, and appointed Edward A. Flewellen, Super¬
intendent of Public Works, as agent of the State, to manage
ssue,
The Chronicle on the first of each mouth.
3.
City Ilonds, and Bank, Insurance,
Gas Stocks, with quotations, will usually
weeks of each month, on the page immediately
preceding this.
Securities, City Securi¬
ties, and Railroad and miscellaneous Stocks and Bonds
4. Tlie Complete
Tables of State
regularly published on the last Saturday in each month. The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished
to all regular subscribers of The Chronicle.
will be
and control the same.
The road lias not been sold for the reason
that it was not believed tbit anything approaching its value
could be obtained in the present condition ot the money market.
MEMPHIS
“
District of Columbia.—The
committee
appointed by
the
President for the temporary management of the affairs of the
District of Columbia have sent a letter to Gen. Chipman, the Dis¬
trict Delegate in Congress, submitting a draft of a bill for the
support of the goverement of the District for the fiscal year
ending June 30,1370. The letter says: The entire estimated ex
BRANCH RAILROAD.
Memphis Branch Railroad Company having completed
and equipped the first section of five miles of its road, as required
by the act entitling the company to the aid of the State, applied
for the indorsement or its bonds iu Mny last.
After causing a
thorough examination of the affairs of the company to be made,
I placed the State’s guaranty on its bonds to the amount of
$34,000, tlris being one half the value and cost of the section
completed and equipped. The section of the road was finished,
and the application for the State’s indorsement was mads before
the passage of the act approved February 25, 1874, repealing tlie
provisions of tlie several railroad charters tlierttofore granted,
which gave State aid to such enterprises.”
Tlie
penditures, less the interest on the 3.G5 bonds, is $2,755,800. The
on the 3.05 bonds is $305,000, which with the above esti¬
mates, make a total of $3,120,800.
All this sum must, of course,
be realized to meet the estimated expenditures.
You will observe
that the highest valuation of two per cent, on the present valua¬
tion ($98,231,000), will yield but $1,964,620; from this could be
Louisiana Finances.—Kellogg’s message had the following.:
deducted an amount to meet the failure in the payment of tax,
Thq total bonded and floating debt of the State, when the present
say not less than 15 per cent. ($204,093), leaving $1,009,929 as
administration came into office, exclusive of the amount due the
the largest amount that can be relied upon.
On tin* 14 per cent, fiscal agent (viz., $150,000, which lias since been paid), was $23,assessment, 10 per cent, would probably cover the delinquency of 933,407 90. Bonds issued since to the New Orleans Mobile &
All this, of course, is an approximation.
taxes.
Texas Railroad Company, on a section of twelve miles of com¬
Georgia Stale Finances.—From the Governor’s message we pleted railroad, under act No. 31 of 1870, for $125,000, and bonds
issued to the North Louisiana & Texas Railroad Company, under
take the following as to finances:
act No. 108 of 1809, for $576,000, making a total of $24,G34,407 90.
The balance in the treasury on the 1st day of January, 1874,
The bonded and floating debt has been decreased as follows :
"was $922,550 25, and the amount received during the last fiscal
REDUCTION of the bonded debt.
year was $1,895,110 80 ; making the aggregate amount charged
against the treasurer last year, $2,817,723 11. The disbursements By the redemption of past due bonds
$69,000 00
for the same period amounted to $1,814,594 23, which, deducted By exchange of $842,220 new bonds for $1,403,700 bonds at 00
cents on'the dollar
561,480 00
from the amount received, leaves a balance of $1,003,128 88 on
REDUCTION OF TIIE FLOATING DEBT.
hand January 1, 1875.
$600,000 00
The steady growth in the wealili of the State, as shown by By retirement of old outstanding warrants
the Comptroller General’s report, cannot fail to be very gratifying By exchange under the Funding bill of $182,724 90, old warrants
for $109,634 96 of consolidated bonus
73,089 94
to the people.
The reported increase in the value of taxable
property for tlie year 1874 is more than $30,000,000 over and
Total reduction of debt under present administration
$1,303,569 94
above the value reported for the previous year. This increase
The rate of taxation in the City of New Orleans in 1372, when
was produced, in part, by the repeal of the law exempting a cer¬
the present -Sfate government
tain amount of property from taxation.
But after making full including schools, 214 mills; city, came into office, was: State,
30 mills; total, 514 mills. The
allowance for the repeal of this exemption, it appears that the
rate of taxation for the present year, as reduced by the measures
net increase in the value of
taxable property returned was
passed by the last Legislature, is: State, including schools, 144
$13,709,370.
mills ; city, 25 mills ; total, 394 mills.
As the rate of parish taxa¬
“According to the statement presented by the Treasurer, tlie tion is
by law limited to the rate of State taxation, and the rate
funded debt of the State, not yet matured, amounted, on the first
of State taxation is now limited by a constitutional amendment
day of January, 1875, to $8,105,500. The principal and interest to 144 mills, including schools, it follows that in no parish of the
due thereon the present year amount to $G70,385. Included in
Stated outside of the parish of Orleans, can a heavier tax than 29
this is the first instalment of $100,000 of the 8 per cent bonds
mills be levied in any one year. In previous years the State and
issued under the authority of the act approved February 19,1873.
Tlie Treasurer states that in addition to the foregoing, there is parish taxes in some parishes of the State reached as high as 70
mills.*’
also outstanding $209,500, past due coupons, which, together with
Missouri Finances.—Gov. Woodson’s Message, Jan. 0, had
the unpaid interest theron, amounts to $323,400.
The report
contains a full and particular descriptive list of these last men¬ the following: “ Six hundred and one (001) bonds of the State of
tioned bonds.
It is suggested by tlie Treasurer that a large Missouri, each for the sum of one thousand dollars, and bearing
interest at the rate of six per cent, per annum, matured in 1873,
amount of the same was paid by a former agent of the State, and
and eight hundred and eleven similar bonds matured in 1874.
not returned to tlie Treasury for cancellation.
These bonds, aggregating the sum of one million four hundred
By reference to the report of the Bond Committee, made to
and twelve thousand dollars ($1,412,000), have been paid during
the Legislature at the Summer session of 1872, it will be seen
that, in addition to the bonds declared void by the act approved the present administration. To enable the Fund Commissioners
to discharge the above-mentioned bonds, it was necessary for me
August 23, 1872. Henry Clews & Co. also bold $800,000 of cur¬
to Lave issued, under the provisions of the act entitled ‘ An act
rency bonds, issued under the act of August, 1870.
To prevent to
provide for the issuing of funding bonds,’ etc., approved
the injury to the public interest likely to result from any unau
thorized or unlawful negotiation of our securities, I would sug¬ March 30, 1874, four hundred one-tliousand-dollar bonds. De¬
gest that all the bonds recognized to be legal and binding on the ducting the amount of these bonds from the amount of the State
State, issued during the late administration, be withdrawn from indebtedness paid, and it will be seen that the State debt has been
circulation, and that other bonds of similar amount and of proper actually lessened, during tbo years 1873 and 1874, one million
and twelve thousand dollars ($1,012,000), and the annual interest
tenor and effect be issued iu lieu thereof.”
Of the railroads he says :
“ There being no reason to believe upon the State debt decreased sixty thousand seven hundred and
that the railway companies, "whose property has been taken pos¬ twenty dollars ($00,720.)
The State debt, including the certificate of indebtedness issued
session of by the State for non-payment of interest, will be able
to the State Board of Education, by virtue of the act approved
to make any arrangement to resume possession of their property,
I respectfully suggest the propriety of authorizing the issue of an March 29, 1872, was, on the first day of Jauuary^ 1873, $18,747,000. Deduct the amount paid during 1873 and 1874, and it leaves
amount of State bonds sufficient to redeem the bonds of the com¬
the State debt, on the first day of January, 1875, $17,735,000.
panies upon which the State is liable. These companies are in¬
This indebtedness, except $1,589,000, bears six per cent interest—
solvent, and the holders of their endorsed bonds will have to look
to the State alone for payment.
It is not probable, therefore, that tlie residue of it seven percent—making the annual interest upon
the bondholders "would hesitate to exchange noon reasonable the entire debt $1,074,590.
During the year 1875, $1,428,000 of our State bonds mature,
terms the securities held by them for State bonds.”
Of the Macon & Brunswick road the Governor says : “ An order and in 1876 $3;907,000, making the amount of the principal of our
outstanding obligations to be met during Governor Hardin’s ad¬
was issued directing the receiver to advertise a sate of the road
and its equipment on the first Tuesday in December last.
Before ! ministration $5,325,000. In 1877, $701,000 of tlie principal of the
the day of sale arrived, however, I felt it to be my duty, after an State debt will fall due and must be paid. After the last-men¬
examination of the records of the company, to withdraw the prop¬ tioned instalment is liquidated, there will be no difficulty realized
in paying, at maturity, principal and interest of the State debt
erty from the market, and to submit the question of the proper
out of the ordinary resources of the Interest Fund, if that fund is
disposition to be made of the same to the General Assembly.
The Legislature, at the adjourned session of 1872, adopted a properly managed—no considerable amount of the principal ma¬
joint resolution declaring ‘that the State’s guarantee placed on turing alter 1876 until 1884.
interest
“
“
,
“
“
“
«
“
“
“
You may im¬
a tax upon the people sufficiently large for the purpose, or
may authorize the issue and sale 3f a sufficient number of
One of two methods must be
pose
you
[January 23, 1875.
THE CHRONICLE
84
adopted by
you :
State bonds to do it/’
The Governor then recommends: “ The bond
of the State of
Missouri, I suggest, ought to be executed in pursuance of a law
to be passed by you, to the State Board of Education, ae trustee
of the public school fund, for an amount equal to the purchasing
power of the cash for which the bonds of the United States now
belonging to said school fund could be sold/’ The present value
of the United States bonds held by the school and university
funds is $2,192,369.
Of the State bonds authorized by the act approved March 30,
1874, $600,000 remain unissued. Add this sum to the $2,192,369,
and it makes $2,792,369.
Deduct the last-named amount from the
$6,026,000 of bonds maturing between the present time and the
1st of January, 1878, and it will be seen that $3,233,631 remain
unprovided for, even if you should replenish the sinking and
interest funds according to the foregoing suggestions.
I am
satisfied that any new bonds which you may authorize to meet
the demand pointed out will be sold at par, as these new bonds
will not be forced upon the market, owing to the fact that the
Fund Commissioners can fall back on the United States bonds
referred to, should they be placed under their control.”
North Carolina State Finances.—The Treasurer’s report for
the late fiscal year, ending September 30,1874, has the following :
Total bonds and interest, not “ special tax,” $23,985,918 05 ; total
■debt, including special tax, bonds and interest, $38,921,848 05.
Supposing the entire debt, not special tax, should bear interest
at six per cent.., it would amount, to $1,439,155 08 per annum.
Supposing all the debt, including special tax, should bear in¬
terest, it would amount to $2,335,310 88 per annum.
The principal of the debt has been reduced during the year
$600,000 by the delivery of that amount of bonds by W. J. Hawkins, President of the Raleigh & Augusta Air Line Railroad Com¬
pany (formerly the Chatham Railroad Company), in redemption
of one-half of the mortgage of $1,200,000, held by the State,
executed by the Chatham Railroad Company, under ordinance of
Convention ratified 11th of March, 1868. The bonds of the Com¬
pany, $600,000, held as an exchange under said ordinance, were
surrendered to the company.
The redemption of the bonds and
mortgage of the company was authorized by the ordinance of
11th of March, 1868, and chapter 11, public laws 1871-72.
The interest on the bonds received from and surrendered to the
company, amounting to $222,000, was equalized and adjusted to
the 1st June, 1874, and the interest statement is reduced $233,944 50, adding interest surrendered with said bonds to the first of
“
October.
third of the whole State debt has already been consolidated, and
we are advised that the old bonds and stocks are sent in for con¬
solidation with a rapidity which taxes to the utmost the skill and
industry of the State Treasurer and his assistants.
that the consolidation of the whole debt will be
It is probable
virtually
com¬
pleted long before the year is out.”
Tennessee Finances.—The message
of Gov. Brown had the
following:
in 1873, under the assess¬
$35,2L5,480 more tl*an in
compared with 1873, exhibit a
“The value of property, as assessed
the session of that year, is
ment act of
1872, yet the returns for 1874, as
decrease of $18,556,173.
The revenues, by the
“
valuation of 1873, at the rate of four
mills, if the current expenses of administering the government
are
not reduced by judicious legislation, are scarcely sufficient,
by arrearages from previous years, to meet the deminds
upon the treasury.
Then, the problem for your sdution is, to
make up this deficiency without increasing the present rate.
I
unaided
respectfully suggest that the remedy clearly and plainly is first,
legislative retrenchment, and second, in invoking new sources
revenue, which will not create increased burdens upon the
private property of the country.”
The Governor advises improvements in the assessment laws,
and a tax on corporations.
He says :
Although there is within the limits of the State, between
seventy-five and one hundred millions of dollars of railroad
property, the treasury has realized nothing, either from these
companies or their stockholders. The major portion of the other
corporations have escaped taxation, either through some claim of
exemption in their charter, or the imperfection of the revenue
laws, or the in< fficiency of officers.”
*
Of the funding law lie says : “ The bill provided that the new
bonds and coupons should be payable in Nashville or New York,
at the optiou of the creditor.
Anticipating that the ‘ option’for
bonds payable at Nashville would be very limited, I only ordered
two hundred of that class, none of which have been called for or
issued, and of the other 6,500.
A statement of the securities redeemed is herewith submitted :
Six per cent, bonds
$505.000 00
Five and a quarter per cent bonds
1,000 00
Five per cent bonds
024,500 00
Thirty dollar coupons
4.953,630 00
in
of
“
“
177,580 00
interest upon bonds that never had
coupons, but which by express contract bore interest to maturity,
has been allowed to the amount of $18,475 76, and cash has been
paid to the Comptroller to make even bonds to the amount of
Twentv-flve dollar coupons
“
In addition to the above,
$1,814 64, making an aggregate funded $6,222,000. We refused
fund or register any of the bonds or coupons issued to * The
Mineral Home Railroad Company,’ and those known as the Val¬
to
compel by mandamus the auditor to include the ley of
Virginia Insurance Company bonds. We also declined to
special taxes in his levies was brought in the Superior Court of fund or
register any of a lot of twenty bonds, letter B. White,
Wake, at its Spring Term, 1874, A. Belmont, for himself and Nos.
4,472 to 4,491, purporting by the records to have been issued
other holders of “ special tax” bonds, being plaintiff. Motion has
in 1856, to the ‘McMinnville & Manchester Railroad Company.’
been made to transfer this suit into the United States Circuit
Coupons clipped from the bonds of the city of Memphis, endorsed
Court, affidavit having been made, in accordance with the Act of
and the
Congress of 1867 that jus*ice cannot be had in the State Court by by theasLittle Rock Railroad Company as first endorser, funding,
State
second endorser, have also been presented for
reason of “prejudice or local influence.”
This application is and have been refused. The interest upon these bonds has not
resisted on the ground that the Federal Court has not original
been
for
jurisdiction to grant writs of mandamus, and therefore cannot fund paid beensome time by the city of Memphis, and no sinking
lias
paid in reduction of the debt.
gain such jurisdiction by transfer under said Act of Congress.
A portion of the bonds of the S*.ate fail due on 1st January,
This question is still undecided.
1875, and others during 1875 and 1870, before the convening of
If the Belmont suit is decided against the State, the payment
the next General Assembly.
The wliolp number falling due in
of interest on the special tax bonds, at least to the amount of the
both years is 55 bonds, amounting to $55,000, and of this amount
special sax levies, caDnot be avoided.
$24,000 has been already registered. No bonds falling due after
These levies are as follows:
For the bonds issued for the Western North Carolina Railroad, July, 1874, have been funded. The Board charged with the duty
of auditing the securities, have construed the 11th section of the
Eastern and Western divisions, 1 20 and 1-8 of 1 per cent, re¬
act of March 17, 1873, to mean, that the‘ option of the State’
spectively, or 17£ cents on the $100.
Wilmington Charlotte & Rutherford Railroad, £ of 1 per cent., required for the funding of bonds maturing after that date, must
be made by the General Assembly, and not by the executive
or 12^ cents on the $100.
officers. It remains with you, therefore, to provide for these
Western Railroad, 3-80 of 1 per cent., or 3$ on the $100.
bonds falling due in 1875-6, in such manner as you may deem
Williamston & Tarboro’ Railroad, 1-30 of 1 per cent., or 3^ cents
just and proper. If the revenues will justify it,their redemption
on the $100.
would be preferable to funding them.”
Total levies, 37£ cents on the $100, which, at the valuation of
Texas Finances.—The Governor, in his message, gives a
property of 1873-74, would bring in $530,000 per annum. schedule of the debt of the State (fully detailed in the monthly
I cannot believe that the courts will make any decision, eucli
tables of The Chronicle) and then remarks : “ Deducting the
as is asked for in this suit.
But while this and similar suits are unsettled, I see great diffi¬ amount of the floating debt, $976,987 91, from the total entire
culties in the way of the adjustment of even the honest debt of debt, and the balance, $3,035,433 30, is the amount of t ie State’s
the State.
Suppose that the General Assembly should come to a outstanding bonded debt. The increase in the public debt since
decision as to the amount of the just liabilities the people would the report in January, 1874, is represented by the bonds and cer¬
tificates granted to the revolutionary veterans of Texas, by act of
be able to pay, and should levy a tax accordingly, and afterward
the Supreme Court of the United States should sustain the power April, 1874, amounting to $899,389, and a few thousand dollars
of the Circuit Court to order the collection of these taxes, the of miscellaneous indebtedness. The remainder was incurred be¬
added burdens would be beyond the ability of the people to bear fore January, 1874, and is due to scho 1 teachers and others for
services in 1373, and in the confusion of the records when the
them.
The Circuit Court of the United States at its June Term, 1874, last repart was made was not noted, and, in fact, much of it was
in the case of Swnzev and others vs. the North Carolina Railroad not reported until subsequent to that time.
In this statement of
Company and others, decreed the sale of a sufficient amount of the bonded debt is included twelve hundred and ninety-one
the stock of this company to pay the interest due on the bonds (!,291) bonds of $1,000 each, sold by Hon. W. L. Moody, finan¬
issued by the State for that company.
The operation of the cial agent of Texas, in New York, being the total of sales re¬
decree was postponed until April next, in order that the General ported by him up to the time the report was made.
It may be
Assembly might consider the matter.
Appeal has been taken to added that, since that time, I have advices by telegraph from
the Supreme Court of the United States by the North Carolina Col Moody of sales which have enabled him to pay off the Wil¬
liams & Guion debt.
I will state farther that all sales of bonds
Railroad Company.
South Carolina Finances.—Up to date the Treasurer has made up to the time that Williams & Guion were paid off were
funded $2,700,000 of cld State bonds and stock into $1,350,000 of made at eighty five cents ; these parties were pressing the State so
consolidated bonds and stocks. When the funding is completed that it was deemed highly important to settle with them as early
the total debt will be less than $6,000,000, interest on which is to as possible.
As soon as they were paid off, Col. Moody was in¬
be secured by a specific tax and by the receipt of coupons in pay¬ structed to advance the price of the bonds, and has since by tel¬
ment of taxes.
egraph reported a sale at ninety (90) cents. Colonel Moody had
The Charleston Courier of the 18th inst, says: ** About one. in hip hands nineteen hundred (1|900) State bopds of $1,000 each,
A suit
to
“
January
authorized to sell, and the balance unsold, or not
was six hundred and
reported sold at the date of this report,
nine (609).
“The estimated deficiencies for the present fiscal year are
$332,574 00.
To this must be added the expense of the present session o:'
the Legislature, and that of the anticipated Constitutional Con
vention. For the full payment of the floaiingdebt as above given
and of these deficiencies for the present fiscal year, your liouor
able bodies should provide. I recommend that provision be made
by law for the issuance and sale of as many bonds of the State
in addition to those now in the hands of Col. Moodv unsold, as
may be necessary to raise money to pay off the entire floating
debt, as well as th^ contemplated deficiencies mentioned above, so
that the State may enter upon the fiscal year, commencing Sep
tember I, 1875, unembarrassed with the debts of previous years
The entire value of taxable property in Texas,as actually assessec
for 1872, was $207,920,526; for 1873 was $223,410,920, and for
1S74 was $241,841,860, and the amount for 1875 is estimated at
$275,000,000, and upon this estimate is based the figures for the
which he
was
“
tax
85
THE CHRONICLE
23, 1 75.1
receipts of that year.
Chicago Dubuque & Minn.—Thomas C. Harris, the present
superintendent, has been appointed-receiver. He was appointed
at the instance of the Eastern bondholders, who were represented
by Mr. Walker, President of the Chicago Burlington & Quincy
For some months past the road has been practically oper¬
road.
ated by the Chicago Burlington & Quincy.
President J. K.
Graves and the other old officers are retained, and the running
arrangements will remain the same as before.
Cincinnati Southern.—A despatch from Cincinnati, Jan. 18,
said : “ Eleven bids for the construction of an iron railway bridge
the Ohio River at this point were opened
of the Cincinnati & Southern Railroad to-day.
from $593,000 to $1,088,000, the lowest biddei
across
by the Trustees
The bids range
being the Paterson
Bridge Company of Paterson, N. J. The structure will comprise
five spans, including a channel span of 519 feet, which is the
largest single span in the world, except oue of the same length in
Germany, and the total length of tha bridge will be 1,597 feet.”
Cleveland & Mahoning.—Sir John Swinburne, of London
Eng., one of the trustees of the Cleveland & Mahoning Railway,
which is leased to the Atlantic & Great Western company, has
been in this country some time, to look into the causes which
prevented payment to his company of the annual lease. In a
letter to the Cleveland Leader he says, in correction of statements
the many defects in the tax law.
uniform, but under this law it is
believed that two-tliirds of the property of Texas pays all the ex¬ which had been made :
“The trustees never in any manner assented to any default in the payment
penses of the government, the other third contributing nothing
of rent, and never iu any way assented that the money designed for rent
Those who pays the taxes are citizens whose property is in sight
should be used for any other purpose. The reason that thi* rent was not paid
who produce, who cultivate the soil, and improve real estate in
trustees, as fol¬
promptly has
Mr. Devereux. in for the
the towns and cities, and create the wealth of the country. One lows : ‘ It is well stated by simply impossible a letter to the to pay its rentals
been and is
Atlantic
of these rarely escapes taxation.
A large proportion of the per unless our earnings are made good. To default on the Mahoning rental was
sonal properly, money, bonds, bills, notes, stocks and other valua¬ certainly preferable to a default on the first Ohios.’ This letter snows, as tho
fact really was, that the Atlantic company had not the means of paying its
bles in the State, and of the assets of banks, banking concerns, interest
the first Chios and its rentals, and that its officers regarded the
trust, insurance and other companies and corporations, not visible results of a default on the Mahoning rent as less disastrous than a default on
the
peculiar
of the
to the assessor, is never assessed and pays nothing.
A vast ern Ohios.allYourMahoningnotion held byfact that the Atlantic & Great West¬
owns
the
stock
the trustees is, I fear, liable to he
amount of real estate, chiefly unimproved, also escapes taxation.
misunderstood, or liable to lead to a misunderstanding of the real facts in the
I am informed by the Comptroller that no tax is being paid on case. The real fact is that the entire stock held by the trustees was pur¬
$5,350,000 of
about 35,000,000 acres of patented land.
This amount lie knows chased from the proceeds of the sale of the company canbonds, of which they
are trustees, and that, before the Atlantic
claim any interest
of—how much more lie cannot tell.
The fundamental error iu therein, it must pay the principal of the bonds and interest.
the present tax law is in the provision for assessment.
Cleveland Mt. Yernon & Delaware.—A special meeting of
With proper amendments in the system of assessments, the
that the taxable values of Texas will go up the stockholders was to be held in Mt. Yernon, O., January 20, to
Governor thinks
vote upon the question of increasing the capital stock from $4,000,first year to three hundred, and possibly to three hundred and
000 to $5,500,000, and also upon the question ot issuing $1,200,000
fifty millions of dollars, and enable the State to reduce the rate
of taxation from one half, as it now is, to one-third of one per income bonds, to be secured by mortgage, for the purpose of fund¬
ing the floating debt and providing needed additional facilities
cent.
The interest on the public debt of Texas has been paid prompt¬ for the road.
Delaware Lackawanna & Western—Morris & Essex.—The
ly to the day, since the sixteenth day of January last, and will
World says : The Morris & Essex Railroad, held under perpetual
continue to be.
Warrants upon the Treasurer are being paid
generally when presented, and when not so paid are eagerly lease by the Del awe re Lackawanna & Western Company, has
sought by speculators in them at ninety-eight (98) cents on the recently been covered by a consolidated mortgage of $25,000,000;
which includes all existing bonds, whether secured by mortgage
dollar.
or
not, and amounting to about $17,000,000. The consolidated
Atlanta & Richmond Air-Lino.—The Atlanta (Ga.) Constitu¬
tion says that Gen. Austoll lately made an assignment to Mr. mortgage bears date January 15, 1875, and is made to the Farm¬
ers’ Loan & Trust Company ; and the bonds bear the guarantee of
Fisher of all his interest as trustee in the Atlanta & Richmond
Air-Line Railroad.
The other trustee, Mr. Lancaster, made the principal and interest by the Delaware Lackawanna & Western
Company, as is expressed by a special indorsement upon them.
assignment of his interest several days previous.
Of the available amount of these bonds a parcel of $3,000,000 has
Atlantic & Great Western.—The money columns of the been negotiated, at par and interest, through Messrs. Drexel,
Loudon Times have recently contained urgent advice to the bond¬
Morgan & Co., J. S. Kennedy & Co., and Winslow, Lanier & Co.
holders in the Atlantic & Great Western Railway to proceed to This is all that will be issued during 1875, and it leaves about
foreclosure, and in the issue of the 29th ult. it appears that steps $5,000,000 for future contingencies. The issue of these $3,000,000
have been taken in this direction, the announcement being made
is wholly for purposes of construction, principally in and near the
that “ Messrs. Benson have agreed to become depositaries of new tunnel and workshops at the western eud of it.
Something
bonds of the Atlantic & Great Western Railway, and 30 per cent
near half the amount has already been advanced and expended
of the whole first issue will be required before anything can be
the Delaware Lackawanna & Western Company, which will
done, besides another 20 per cent, of which the committee must now get its advances back again. The Delaware Lackawanna &
have control before the line can be sold to the mortgages.” Western has, we believe, $1,100,000 bonds maturing April 1,
Notice was given in London, Jan. 1, by the trustees of the leased which it will pay off and not renew, standing then without mort¬
lines’ rental trust bonds (issue of 1872 and 1873) and eight per gage except $1,600,000 due in 1830.
The Delaware Lackawanna
cent Western extension certificates that funds had not been fur
& Western has about $2,800,000 convertible bonds outstanding,
nished for payment of the in:erest due.
and expects to see them all converted into stock next July, after
Raltimorc & Potomac.—The Baltimore & Potomac Railroad which the Delaware Lackawanna & Western road will be practi¬
Company has just entered for record In the different counties of cally clear of all debt.
Erie.—The suit against the Erie railway, which has been taken
Maryland through which its line passes, and in the District of
Columbia, a mortgage to Messrs. Albert Hewson and John S. Lee, charge of by tbe Attorney General, is for a dissolution of the
of Pennsylvania, for the sum of $2,000,000 to secure the second corporation on the ground of several alleged violations of its
mortgage bonds of the company to be issued to that amount.
charter, and was instituted October 1, 1874. . The defendant road
Boston & Lowell.—At the annual meeting in Boston, January demurred to the complaint as not stating a cause of action, and
6, the stockholders voted to authorize an issue of $500,000 7 per argument on the demurrer will come up in February.
cent bonds having 20 years to run, tbe proceeds to be applied to
Joliet & Indiana.—The Bondholders’ Committee of the Joliet
the settlement of the floating debt of the company.
& Northern Indiana Railroad have arrived at the conclusion that
Boston Water Power Company.—The Boston 'Advertiser's the proposition made by the company and sanctioned by the
report of decisions of the Massachusetts Supreme Court gives the
Michigan Central Railroad Company for a Six per Cent. Interest
Extension ought not to be accepted. They therefore advise its
following:
James A. Dupee ct al vs. The Boston Water Power Company et al.—This is
rejection ; but before proceeding to the enforcement of legal
suit in equity by Dupee, Beck and Sayles, being owners of certain stock of
rights, they suggest the propriety of leaving the matter in abey¬
the Boston Water Power Company, to prevent that company from selling
ance for a short time, in the hope that litigation may be rendered
about two millions of square feet of land on Huntington avenue, Westchester
Park, and streets in that vicinity, which h-is been advertised for sale by pub¬ unnecessary.
lic auction.
1 he case was reserved for the consideration of the full court
Kansas Pacific Railroad.—A report from St. Louis says a
upon the bill and answer. That court has now dismissed the bill with costs.
The rescript is s follows:
petition has been filed in tbe Circuit Court in tbe case of S. R.
1. A corporation may receive its own stock in payment or in pledge in
Baltzer and W. G. Tanks against the Kansas Pacific Raiiroad.
transactions which are within the lawful exercises of its corporate franchise,
Plaintiffs are bankers in New York, and proceed against the rail¬
Your attention is called to
Taxation should be equal and
“
on
'
«.
a
in the absence of legislation to the contrary.
2. We cannot say that the proposed sale is
power of the corporation to make the most
3. The vote of the corporation and the action
not a reasonable exercise of the
of its assets.
of the directors do not amount
road
by attachment.
The amouni sued for is
$40,670 of overdue
coupons
Michigan Southern.—In the suit against this
in which the payment of the 3^ per cent, dividend,
Central of Iowa.—In the foreclosure suit brought by the
Farmers’ Loan & Trust Company, trustee, the United States Cir¬ February 1, was temporarily enjoiued, the principal allegations
were that the $25,000,009 second
mortgage provided that the
cuit Court has appointed D. N. Pickering the temporary receiver,
company should pay $250,000 a year to cancel the debt, and in
with the usual powers. Hon. Hiram Price was appointed special
commissioner to examine reports of the receiver and the manage- ] case of 'default in that particular, or in payment
ment of the road.
conveyance was to be in full force, the Trust Company wa@
to a
reduction of the
capital.
Lake Shore &
company,
of interest, the
to
take possession of everything, and hold it for the benefit of the
holders of bonds until a sale should be made pursuant to law ;
that the $250,000 had not been paid, and the Trustee could come
in and take possession. Instead of paying the dividend just
declared, they ought to devote the money, if they had it, to the
sinking fund. Counsel for the company read affidavits from
Edward King. President of the Trust Company, deposing that
the Railroad Corporation had paid to them $480,000 in bonds for
cancellation, and $511,000 in cash, making $1,000,000 toward the
sinking fund for 1871, 1872, 1873 and 1874. Cyrus K. Leland,
Auditor of the railroad, deposed that the dividend was declared
on his statement, and that there would be a balance after it was
paid.
It is said that the deposit referred to was made very recently.
Lake Superior & Mississippi.—The State Supreme Court of
Minnesota rendered its decision, January 11, in the case of Oakes
Ames and Oliver Ames against the Lake Superior & Mississippi
Railroad Company, to the effect that the charter of the company
is unconstitutional and void.
Logansport Crawfordsville & Southwestern.—The six-mile
extension of this railroad, from Clymer’s to
completed.
instead of
tofore.
„„
.
,
.
.
TAT/,!
using the Toledo
Logansport, has been
T
..
.
Wabash & Western track,
ho
there¬
as
and that the property mortgaged is
going to ruin from neglect.
Northern Pacific.—Judge Cadwallader, in the United States
District Court, Philadelphia, Jan. 15, in the case of Gibson and
others against Lewis, trustee of the Jay Cooke estate, temporarily
prohibited the trustee from disposing of the stock in the Northern.
Pacific Railroad belonging to the estate.
The Judge said the
railroad company will, if any payment be hereafter assessed upon
the shares, have security upon them under the.charter; and,
whether this shall prove to be the only security for assessments
or not, it should be retained for the present, at least; but no other
interlocutory relief can be granted.
Pennsylvania Railroad.—Notice lias been given that the scrip
issued for the dividend ot December 6, 1873, will be paid on pre¬
sentation at the Treasurer’s office at any time after January 11.
The scrip will cease to bear interest after March 6.
—Notice is given that the bonds of the New Jersey Railroad
and Transportation Compauy of the loan for $300,000, due Feb.
1,1875, will be paid on presentation at the agency of the Penn¬
sylvania Railroad Company, No. 57 Broadway, New York, and
that the bouds of the Delaware & Raritan Canal, and Camden
and Amboy Railroad aud Transportation Company, of the loan
I
$875,000,-due April 1,1875 will be paid on plantation at the
office of the Pennsylvania Railroad Compauy, Pennsylvania.
unable to borrow money,
i
Memphis Carthage & Northwestern.—This road was sold at 1
auction in New York January 4, by order
property was then struck off to Joseph
[January 23, 1875.
CHRONICLE.
THE
86
of the trustees.
The
Seligmau and Joseph
Springfield & Illinois Southwestern.—Charles A. Beecher,
Springfield & Illinois Southwestern Railroad, was
discharged Jan. 18, and the report of the sale of the road by the
master was confirmed by the United States Court.
A deed was
made out to Mr. BloodgooJ, of New York, the purchaser, on be¬
half of the bon Iholders. Mr. Beecher will still continue general
superintendent of the road.
Toledo Peoria & Warsaw.—A despatch from Chicago, Jan.
20. says: Mr. A. L. iljpkitis, formerly Vice-President of the Illi¬
nois Central Railroad, wa3 to day appointed by Judge Drummond
receiver of the
j
j
Macy, Jr., for $50,000.
Michigan & Ohio.—The Michigan & Ohio Railroad Company j
have executed and recorded a mortgage for $15,000,000 to the ;
Farmers’ Trust and Loan Company, of New York, as Trustees.
I
Milwaukee & Northern Railway.—Jesse Iloyt and Warren
Greenleaf, of New York, have commenced suit in the United
States Circuit Court, at Milwaukee, against the Milwaukee &
receiver of the Toledo Peoria & Warsaw Railroad.
Western Maryland Railroad.—At a meeting of the commis¬
Railway Company, the Wisconsin Central Railroad
Company, and others, for foreclosure of mortgage on the Mil¬ sioners of Finance of the City of Baltimore a resolution was
waukee & Northern road, which has been leased and operated adopted to purchase at par the detached c>unons of the unen¬
by the latter since, and for the appointment of a receiver. dorsed first mortgage bonds of the Western Maryland Railroad
Messrs. Hoyt & Greenleaf profess to represent $500,0)0 of the Company, which matured on the 1st of January, 1875, as author¬
bonds of the Milwaukee & Northern Railway Company. They ized by ordinance of June 2, 1875.
The amount of these bonds is
Northern
claim that the Wisconsin Central
Company is in default and I $400,000, and the six months’ interest was $12,0)0.
MONTHLY EARNINGS OF PRINCIPAL RAILROADS.
At'antic & Pac:fic. Bur., C. JR. & Minn.
Atlantic &G. W.
1873.
1874.
1873.
^-Central Pacific-*
1873.
1871.
1873.
1874.
Chic, Mil. & st. P
Chi*., Danv. & Via.
1874.
1873.
1874.
1873.
1874.
•
(604 in.)
(601 m.)
$374,719
360,754
$403,03)
420,250
402,317
424,101
(314?* tn.)
$319,618
351,911
472,838
432,217
34 *.257
434,845
428.523
423.514
430,018
413,302
428,396
418.516
374,769
383,954
151,529
408,519
447.252
.
554,205
469,251
301,269
421,309
•
•
•
T
t
.
.
502,037
463,670
397,185
397,729
t
$5,131,288
(332 tn.)
$61,136
80,846
85,561
(753 rn.)
$341,995
323,055
396,286
398,393
423,685
88.637
108.100
1873.
(1,159 tn.)
(391 m.)
$356,382
405,501
(1,499 in.)
$752,468 $1,014,514
765,249
900,765
967,258 1,024,061
1,034,023
1,080,193
1,256,072
1,290,596
1,309,579
....
1,219,415
1,316,327
411,33(5
405,905
428,920
403,721
t
33(5,268
(391 rn.)
$366,943
276,099
318.976
312,248
301778
331.754
327.384
403,175
416,354
59,534
399,445
320,266
336 718
.*•
«
....
1,052,915
315,057
$13,816,465
126.295
.
142,314
109.536
123,737
3
313,423
..
Marietta* Cin.
1873.
(715 m.)
$1,326,505 $1,4(52,6 50
1,323,901 1,273,775
1.6-28,742 1,413,223
1,511,958
1,754,821
1,731,592 1,578,915
1.781,894 1,515,380
1,820.756 1,546,175
1,879,764 1,605,138
1,825,630 1,077,99(5
1,560,023
1,625,129
..Tan
.
—
..
..
April..
..may...
..
71,136 rn.)
(1.181 tn.)
(234 m.)
(281 rn.)
(788 tn.)
$169,843
161,132
$171,028
$475,898
$647,476
144,215
161,031
542,008
690,017
513,016
178,009
187,439
193,148
.
.
.
...
,
,
SiV-
207.529
184,191
151,793
•Xs
150,302
198,5-28
184,995
201.148
112,5(59
f 124,015
129,304
151,185
150,036
$170,349
178,429
245,774
292,143
316,647
316,339
293,217
133.758
119,910
$150,555
19 4,786
300,719
352,298
332,763
1 136,178
130,164
312,(514
=£121,276
124,395
708,808
156.973
144,173
151,192
323,231
•323,188
343,785
392,510
1
1122,614
$8,268,326
1874.
146,953
113,8(53
1 4,016
$1,532,242
703,692
$1,625,683
265,218
201,493
356,168
275,847
233,401
*
$3,498,160
Ohio & Miss.
Mobile & Ohio.
1873.
302.318
1873.
1874.
1874.
•
m.)
(642 rn.)
(786 rn.)
(517 in.)
..Jau....
..Feb...
..mar....
(517 m.)
$200,639
$266,333
$312,848
$293,927
221,393
256,719
2.30,371
265,623
262.801
..April..
258,871
260,127
214.000
may...
250,935
249,343
f301.318
227^276
213,348
174,968
134,954
221,600
237,420
245,600
289,000
334,400
184,037
148,691
149,094
169,969
215,427
146,667
120,407
313.500
280.000
213,423
238,635
389,333
287,845
309.597
885,408
265,242
204,920
$2,768,493 $2,391,019
$3,654,666
$3,632,099
..
..June..
..July...
..AUg.
..Sept....
—
$152,122
90 411
j 112.974
637,703
751,596
611.0-22
$100,323
678,7-28
(5-24,191
1873.
654,206
1874.
642,233
603,835
576,789
763,481
677,043
607,2 IS
--Kans. Pac’c.--
(672 m.)
636,039
581,782
519,8*2
581,168
176,205
172,498
1,433,735
1
679,333
60.3,955
191.787
1.466,957
1,566,915
1,791,376
1,785,186
675,841
$9,016,124
.
1873.
1 152.632
Year.,
,
(672 m.)
g{ 168,451.
—
,
(297 m.)
804,097
.
843,192
•
(212 in.)
7(53,106
1871.
615,930
683,802
635,179
70,045
...
1874.
797.121
..
749,200
701,3<J0
964,800
886,900
1,193,209
1,012,710
771,780
Ind. Bl.&West’n.
7(59,748
881,485
.Sept....
f
81.918
71,193
$69 >,720
A11 g....
..oct
Nov...
.Dec
f
742,051
£805,802
«929,211
831,311
767,871
.
.
576,380
f 574,258
71,831
61,230
51,958
(581,810
.
.
.
„
79,099
'
..July...
(312 tn.)
$1,445,220 $1,519,249
1,600,933
1,305,132
-
742.(500
..
.
657,500
555.287
1873.
Mo, Kan. & Texas.
1873.
65,608
72,273
J11 ue..
..
Michigan Cent.
1871.
«...
423,716
64,416
1874.
(1107 m.) (1109 in.)
$602,211 $611,491
538,663
597,429
567.554
(560,759
580,9:21
553,912
647.892
(535,459
..Feb..
march.
..
1873.
.
1,371,7 39
1,465,515
1,314.000
1,253,000
(1,310 rn.) (1,399 in.)
$654,400
$334,715
(132 rn.)
$53,516
46,693
59,093
45,028
34,132
60,481
59,501
1.322,557
Illinois Cent’l.
1874.
1,709,880
1,663.010
1,601,448
(132 m.)
$47,515
49,107
49,773
$13,872,632$ 14,405,479
1874.
1873.
1,774.128
882,423
1,110,623
1,311.699
1,366,615
1,286,940
1,223,751
1,116,363
—
$4,796,985 $1,105,300
Lake Shore & M. S.
804.044
1,407.224
1,375,470
..Year..
1873.
(715 vi.)
1,516,583
.
All!?....
.Sept....
..
—Erie
1874.
1,520,638
1,075.908
..July...
$1,130,322 $1,216,911
457,964
459,257
....
1,301,203
1,211,551
1,251,622
une..
..Oct..
..Nov....
..Dec
Chic. & N.western. Clev. Col.Cin. & I.
1874.
J
..
113,916
$4,918,672
1873.
..Dlay...
105.430
406,900
939,778
1,129,169
1 373,675
..April..
116,289
141,901
129,993
685.641
..
88,016
81,692
86.819
91,205
87,435
96,696
—
..
81,213
$2,682
539.400
.Tan
..Feb..
..Iflar....
$108,303
77,387
404,569
395,893
459,853
493,113
(1,222 in.) (1,219 m.)
$849,558
f895,612
(415 tn.)
.Oct
..Nov
..Dec
.
y336,823
a
399,939
£370,710
..
—
r
—
.309,028
'
1285,603
—
252,700
(395
(393 tn.)
$283,(505
$266,039
243,161
304,542
298,665
291,630
338,725
338,708
307,520
116,639
155,202
379,105
242,(507
268,807
292,516
290,170
271,314
300,895
322.532
119,017
282.667
324.360
36 4,371
381,0»
296,013
1
$.19,414,509
$2,126,876 $2,099 290
St.L. A. &T.H.
St. L. I. Mt. & SO.
1873.
1874.
(337 m.)
(337 m.)
(312 vi.) ( :090 in.)
$151,502
169,456
175,719
$138,339
$115,8)4 $243,915
152,054 211.409
2 >4,449 2215,288
207,627 214.(120
f251,927 251,509
| 216.223 238.603
'.200,575 235,248
1(52,083
170,554
165,321
151.531
181,823
178,302
121.134
148,615
141,537
130,241
141,589
116,835
163,41(5
1(5(5,802
189,639
1873.
1874.
S203,714
254.230
£214,9(57
292.216
..Year
$7,521,774
St. Louis, K- C. & N-
(533!£ rn.)
$189,553
212,809
St. L. * S* East.
1874.
1873.
1873.
$191,480 “
178,450
226,059
201.213
231,614
217,162
195,81.5
‘
200,118
199.752
,
251,398
268,530
(358 tn.)
$83,12(5
101,825
114,423
103,388
119,157
119,020
238,955
233,270
$1,910,396 $1,795,481 $2,539,538 3262,630
$2,753,261
$1,294,498
158 432
149,131
1 221,34S
271.981
•
•
•
•
«
$111,900
94,447
107.971
93.997
88,558
90,939
Tol,Wab. & W.
Tol,Wf
(248 rn.)
..Jan....
..Feb....
..mar.
1874.
(248 tn.)
(627 m.)
(627 m.)(1038 m.)
$79,750
$90,794
82,354
$403,487
427,097
$423,343
April.
83.169
102.491
84,2(50
.
..
1873.
98,022
437*835
94,569
1874.
352,561
708 257
417,855
881,266
420,719 1.007,831
398,535
989.86 4
440,6S7
876,833
107,135
93.346
111,633
81.358
459,506
537.819
..July...
110,924 ..Aug.
118,812 ..Sept..,,.
105.2(58
78,837
90,718
488,911
617,080
107,338
593.810
459,894
93,985
73,802
68,995
528.844
475,127
369,605
421*298
403,319
..
102.608
102,912
..
Oct
..Nov....
..Dec....
136,931
127^62
158,033
82,596
05,625
49i;784 607,990
423,517
.may...
.
(1038m-)
$523.975$620,715
404,699
..June..
131,865
Union Pacific*
1873.
1874.
1873.
92,821
385,000
133,817
£238,198 358,777
1 209,622 350,86)
1874.
99,524
113,1(53
(507^ in.)
Tol.i Pec. & W.
(3.'.8 m.)
123,714
122,568
98,218
96,312
168.101
131.885
$3,444,321 $3,150,725
..
$1,253,754 ..Year.. $1,224,803 $1,063,118 $5,738,807
478.475
697,0»
834.935
910.065
902.881
850,I S
837.2781042,4J5
1,068,9371061,9»
1,170,586 1141$°
970,660
758,832
10,286,101
1000,
87
THE CHRONICLE.
January 23, 1875.]
New Yorii.
Exports of Leading Articles from
® I) c
followingtable,compiledfromCu8tomHou8e return8,show
of leading articles from the port of New York since
January 1,1875, to all the principal foreign countries,and also tre
totals for the last week, and since January 1. The l&9t two lines
show total values, including the value of all other articles besides
The
the exports
Commercial <$ i m e o.
COMMERCIAL EPITOME.
fin day Nigiit,
Jan. 22, 1875.
those mentioned in the table.
revival of trade the past
01- o -r
rT 50 lO
CO 30 35
T*
O
—
r—i
71
4)
O
o 35 >n cm r- in ao >n
to -•<=->
o o ® n? -r W -J> r-o 3
.'It* f rs
week, and an gSs
improved tone in business circles. The return of our money
market to a state of plethora of loanable funds produces some
effect in stimulating speculation.
Transportation in various
£?
»T3
parts of the country continues to be interrupted by storms, or
from the effects of bad weather ; and this has caused a marked
diminution of the quantity of the leading domestic staples
brought to market; of cotton at the.South and breadstuff's at the
*•«!
There has been some
*—<
—
■->
of Ct
co
CC
of
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lO 35 ct
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rj) r-H
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has been thereby strength¬
of overdue steamers from
with needed freight room, while the
North, and the confidence of holders
ened.
The arrival of a large fleet
Europe has supplied 113
.000 30lN0
i- in o
..
t?
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tt m
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Ct
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r-1
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ih
5
Bags.
1,452
30,80>
5.421
7.701
23,148
Stiles past week.
■Stocks Jan. 21
Stocks Jan. 21,1874
....
26.817
35 ,:m
30.5(7
20,977
17,313
223,00 i
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and for the most part nominal
is the closing price ; crude in
bulk, though quiet, is comparatively firm at Gfc. Rosins were
very quiet until at the close, when, upon more favorable advices
hold to a very liberal extent, the
aggregating 10,500 bbls. at $2 1052 124@2 15 for strained
the general figures now being $2 15(5)2 20.
Spirits turpentine
has maintained a firm position, though business has been rather
slow, closing at 33c. Of raisins 8 to 10,000 boxes sold at 11@
llic., closing at the latter price. Currants moved quite freely at
6c. Tarragona almonds in demand at 214c. Hops, though rather
quiet, still. present a firm front. In wool quite a good business
has been done, and quotations are firmly sustained.
American
pig iron has been less active, and there was a sale of 0,000 tons
steel rails at the mills on private terms,
Ingot copper is quoted
lower at 21i@2l£c, cash,
-0
ct -c
^ a
3 co
co < cr. O
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ct 331-
•
at ??<5)79e. in
settled at 97@98e.
Refined petroleum has been dull
at 12c. for prompt delivery, which
lO’--’"1
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.
•
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.
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-acco
ai *"
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0
abroad, exporters took a
co
Melailo.
quiet and un¬
changed. Hides have been in fair demand and steady ; dry
Buenos Ayres quoted at 24-5)26c. gold, and do. Texas 22 5224, cur¬
rency.
Cod fish in good demand and steady. Clover seed has
been active at 11c for prime Western.
Whiskey is dull and un¬
sales
i- 3; 3 3 ^ h o
.
n> o
<■■0
fair demand and
Connecticut, at
7§(a)5Gc.; 180 cases New York, at 9@14c.; 1,700 cases Ohio, part on
private terms and part at 10£(5)114c., including 250 cases wrap¬
pers, a re-sale, on private tf rms, and 151 cases Wisconsin on pri¬
vate terms ; also 200 cases sundry kinds at 10ffi50c.
Spanish
tobacco has remained steady, with a fair business; the sales were
900 bales Havana at 85c.3$! 15, and 217 bales Yara I cut on
from
in"
eo eo
•10
o ®
co ,r.<
180 for .consumption. Seed leaf has been in
The sales embrace : Crop of 1873, 300 cases
firm.
Linseed oil has been in fair demand and firm
casks and barrels. Crude fish oils have been
o
1
The market for Kentucky tobacco has continued quiet but
steady at 10.}@13£c. for lugs and 1451274c. for leaf; the sales for
the week embraced 300 lihds., of which 120 were for export and
private terms.'
cc t-
•
33^
nlull,
Boxes.
o rj o
3 o
.
®
future
2,251
® in 35
3
■
grain by
Hhds.
.
tt
foreign markets have shown an upward tendency in prices of
many American exports ; and, with a ready sale for exchange, the
situation may be regarded as favorable to a more active business
at an early day.
Freights are lower under the better supply of room on the berth
or for charter.
The business of to-day embraced grain to Liver¬
pool by steam at 10:a>10Td.; cotton at 5-lGd.; flour at 3s.;
sail to London at 8£d.; refined petroleum to Hamburg os., and
rosin at os. Gd.@3s. 9d.; with more demand at 7s. Gd. for vessels
to load grain to Cork for orders.
Provisions have as a rule favored buyers, owing to the subsi¬
dence of speculation, and the large production as compared with
the falling off in exports thus far for the season. New me3S pork
yesterday declined to $19 50 on spot, and late sales for
delivery have been at $19 o>19 124- for February, and $19 12.1(d)
19 25 for March.
Bacon has been drooping, and was yesterday
quoted nominally at 10c. for Western long clear, and iO.Ve. for
Dry salted shoulders have m^t with a moderate
do. short clear.
sale at 7fc., and pickled bellies are lower. Lard Ins been un¬
settled and closes weak, the current prices for prime Western
steam being yesterday 13|c. on the spot and for Feb., 14c. for
March, and I4£c. for April. Dressed hogs have been in large
supply, and are lower. Ste.irine has declined, with large sales
of prime at 14(g!l4E
Beef fairly active and firm. Tallow dull,
and the business latterly has been moderate, of prime country at
and low
8$@8 15-lGc., with prime city held at 9c. Butter
and medium grades drooping. Cheese steady, with a fair trade.
To-day, new mess pork sold at $19^19 05 for March ; lard at
13f@13Ic. on spot, 13 11-16 5Jl3£c. for February, 13Jc. for March,
and 13 15-lGc. for April. Bacon at lOfc. for city long clear, and
104@10|c. for Western short clear. Cheese less active; good to
prime factories 14@1G£.
Coffee has been in better supply, especially of Rio, but with a
good demand prices have been maintained at the late advance.
Still, it must be noted that the chief support to quotations is the
anticipation that an import.detv of 3c. a pound will be imposed
by the present' Congress. Rice has been dull and depressed.
Molasses has sold slowly, and the stock of domestic is quite
large. Raw sugars have been fairly active, with sales at S(5)8i-c.
for fair to good refining Cuba, 8|c. for No. 12 clayed, 845)0^5. lor
Centrifugal, and 9fc. for standard crushed refined.
Receipts past week....
in ct
l~ 03
CM » <
00
CO Ct 3 t --■
r-i 3 Ct t—
•oocjncooooooO'qi^'OTf
a) -<
ct cm in 35
CO
j
1
ct :c ro
O
3*—
Ct
KSS
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a ii it
(
o c
Of C
Week ending
G. Brit.
-Jan. 22.
Custom House returns
shows the foreign imports of leading articles at this port since
Jan. 1,1875, and for the same period of 1874 :
[The quantity la given in packages when not otherwise specified.]
following table, compiled from
•
Since
Same
Jan.1/75. time 1874
Since
Jan.1/75.
Glass and
51,452
947,599
230
Earthenware.
497
549
27,850
Hardware
Iron. RR. bars...
831
28,130
1,433
.
Glass
Glassware
Glass plate
........
1,190
'401
322
002
55,953
Coffee, bags
Cotton, bales
3,900
58,097
02,092
1,720
2,180
Blea. powders...
Cochineal
Cream Tartar...
Gam bier
74
89
5,101
1,082
4,385
0,180
1,268
2,120
719
200
23
378
10
1,233
•
Opium
Soda, bi-carb—
Soda, sal
•
$38,877
$02,971
1,549
Hemp, bales
Hides, &c-
4,468
Lemons...
452
314
14
84
988
280
150
90
4
..
30
032
593
...
Savannah
Galveston*
New York
Florida
No. Carolina,..
Norfolk*
Other ports....
L798
35,834
14,415
3,528
....
635.075
227,037
324,101
435,936
211,105
66,112
28,825
280,333
22,098
120
January 1,1875, and for
Under the head of
Galveston is included
Point. &c.
Jan.1/75.
10,389
5,894
230
2.883
2*590
pkgs.
304 Oil cake....
254,852 Oil, lard
Other
For’gn
80,503
6,644
19,074
22,352
51,7:0
11,537
391,190
52,294
2.496
248,912
34,113
113,IS9
158,326
92,148
162,691
7,570
24,317
6,612
.
11,598
31,523
85,244
*
..
t
-
-
143.975
41,668
3,318
222,3=56
102,214
190,359
1,403
12,831
290,424
72,371
70,033
102,760
85,039
160,660
82,606
106,424
99,590
129,636
6^,173
.
12,6 is
32,926
48,075
1,050
-
Stock.
•
•
9,2,2
40,78 *
220,718
.
3,716
19,493
47,000
....
134,432
158,758 1135,937
757,151
851,576
768,291
175,736
180,811
1124,-33
784,312
762,631
Royal, &c ; uuder the h^ad ofl
head of Norfolk is included City
Charleston is Included Port
Indiauola. &c.; uuder the
tlie past week, a firmer and more active
tlie spot, with higher prices, though
a portion of the advance was lost at the close.
Until yesterday a
very good export demand existed, and home spinners bought
much more freely.
Quotations were advanced |c. on Monday,
and again £c. on Tuesday.
The latter advance, however, in con¬
nection with very liberal receipts at this market, caused holders
There lias been,
market for cotton
Same
time 1874
Since
Coast¬
wise
Ports.
892,747
2216,166
....
8KPT.1 TO—
Total.
8.Ml
36,846
*
follows :
Same
Wil'
Norfolk 986 bales to Liverpool; from
Great ]
Britain. France.
666,611
186.296
275,420
450,540
223,508
74,201
9.222
62,944
270.844
Total last year.
Produce.
Jan.1/75. time 1874
417
Charleston*
8,960
835
domestic produce since
1874, have been as
pkgs.
00
15,664
12,757
Mahogany
Baltl.
Phila
head of “other ports” include from
Boston 299 bales to Liverpool; from
_
Total tills year. 2310, ‘222
Logwood
1
Receipts of Domestic
Since
2,629
13,379
285
148
New Orleans...
Mobile
1
1873.
1874.
1,089
0,750
,...
Fustic
104,030
57,355
The receipts of
the same time in
3,349
105 ^oods—
Cork
37 j
121
.
89.384
Ginger
Pepper
Saltpetre
STVn* «KP’P
8.097
77,904
101,216
235,983
857,637
8,085
639.022
....
....
T"
PORTS.
355
.
..
783,157
860,695
1,231,647
KXPOBTKD 8INOK
BKOKIPT8
10,748
13,980
Cassia
130
2,157
..
SpiceSj &c.—
285
7
Linseed
Molasses
,..
Raisins
2,254
Jewelry, «fcc.—
Jewelry
25,402
65,000
dates:
3,700
30.813
2,200
...
Nuts
310
Ivory
..
Oranges
3,238
Hides, dressed..
by
7,714 Hides, undressed..
IRice
°
59
India rubber
2,541
15,304
1,000
1,424 Fish
845 Fruits, &c.—
1.458
Soda ash
Flax
Furs
Guunv cloth
Hair
Wool, bales
Fancy goods..
2,500
Bristles
Wines
8,835
04
84
200
29
Oils, essential..
Oil, Olive
•
Wines, &c—
Champagne, bks.
Articles reported
value —
725 Cigars
30 Corks
21
Madder
•
Waste
153
292
1.50
78
103
Gum, Arabic....
Indigo
Tea
Tobacco.
3,701
970
Bark, Peruvian..
Ashes
Flour
Wheat
Corn
157,342
57,370
Sugar, bxs & bags.
Drugs, &c—
Watches
150,554
7,950
bbls
282
60,356
103.987
111,363
106,811
72,272
165,553
73,000
106,809
77,893
1,263,830
2764215
61,385
besides the above exports
21'787
088,551
4,005
Tin, boxes.......
Tin slabs, lbs...
Rags
101,324 Sugar, lihds, tcs. &
297
929
Buttons*
Coal, tons
Cocoa, hags..
3,115
9,427
168, *. 85
13,441
7,389
13,577
6,591
3,3»7
50
....
....
301.301
68,6 7
73,004
101,898
[flggr* Our telegram from New Orleans to-night shows that
the amount of cotton on shipboard, and
engaged for shipment at that port, is as follows : For Liverpool,
55,000 bales; for Havre, 24,000 bales ; for Continent, 49,000 bales ;
for coastwise ports, 3,000 bales; total, 131,000 bales ; which, if de¬
ducted from the stock, would leave 170,500 bales representing the
quantity at the landing and in presses unsold or awaiting orders.]
From the foregoing statement, it will be seen that, compared
with the corresponding week of last season, there is a decrease
in
the exports this week of 28,916 bales, while the stocks to¬
night are 72,538 bale- more than they were at this time a year
ago. The following is » ur usual table showing the movement
of cotton at all the ports from Sept. 1 to Jan. 15, the latest mail
3,007
3,727
24,907
185
552
015
f
delpi ia 300 bales to Liverpool; trom
miugtou 1,031 bales to Liveipool.
14,201
3,285
13,614
143,046
^
265
*
Tlie exports this week under the
timore 479 biles to Liverpool; from
71
12,3:35
Lead, pigs
Spelter, Tbs
Steel ..!
1
T
670
1874.
1875.
41,091
8,566
13,154
21,035
7,303
6,577
12,022
21,444
2.036
....
108
140
120
Cutlery
Earthenware—
China
2,480
Totalthis Samew’k
1874.
week.
6,6n
New Tork..
Other ports*
Total
Since Sept.
Metals, <fcc.—
10,369
Charleston...
Savannah
Galveston
Same
time 1874
Contin’t
France
6,495
6,633
2.061
12,022
21,444
8,082
3,115
SewOrleans.
Mobile
...
China,
Stock.
Exported to—
Leading Articles.
Imports of
The
(January 23, 1875
THE CHRONICLE
88
on
and yesterday the advance of
An advance in gold and exchange has been
46,509
52,543
.pkgs.
441,744
1,223.459
22,047 favorable to the operations of shippers, and the arrival of several
15,748
Cheese...
472,235
Oats
436,234
41,847 European steamers has provided an adequate supply of freight
39,840
Cutmeats.
12,850
1,078
Rye
9,109 room
10,300
Eggs
60.819
50,900
; thus all circumstances, except the increased offerings on
Rarity Xr.o.
18.719
24,557
Pork
9,538
7,810
Grass" seed. bags.
In addition
2,459 sale, were favorable to the advance which occurred.
4,302
Beef.
0,142
5,204
Roans
bbls.
27,012 to a better market
for cotton
on
the spot, there has
34,707
Lard
.bn-b.
3,870
5,710
817
2;417 been
Lard
.kegs.
more
17,450
13,023
To day, the
doing in
cotton in transitu.
C. meal
bbls.
981
3,221
pkgs.
90,990 !Rice
52,002
Cotton
was
bales.
market
quiet,
and
prices nominally unchanged.
13,571
15,518
119 Starch
30
Hemp
bales.
2.103
1,498 For future delivery the speculation has been rather tame, with
247,400 IStearine....
147,901
Hides
No.
5,880
1,273 Sugar
2,027
frequent fluctuations in price, but on the whole showing some
Hops
bales.
2.948
157.933 Sugar
225.091
Thus, on Tuesday, when spots
Leather. ...sides.
1.648
3,737 weakness since Monday last.
.pkgs.
12,914 ! Tallow
10,774
Molasses., .bbls.
The receipts at the
7,255
9,807 were active and higher, futures were lower.
! Tobacco
882
20
Cr. turp. ..bbls.
2,205
1,318
2,207 | Tobacco.... .ilhris.
ports have shown some increase, but still a very slight one as
1,988
Spirits turpeu...
13,731
13,170
13,082 i Whiskey... .bbls.
20,995
the aggregate.
Rosin
The weather at the South, though not so severe,
3,273
2,309
.bales
3,410 i Wool
1.533
Tar
has continued unfavorable to any important improvement in the
29,440
10,814
Dressed Hogs..No.
Pitch
condition of the roads, and as the season for preparing the land
for planting the next crop is near at hand, there is a disposition
COTTON.
among many to believe that the remainder of the crop will be
Friday, P. M January 22, 1875.
marketed more slowly thau usual. A feature of the business for
By special telegrams received to-night from the Southern ports the week in futures has. been sales for September, opening oil
we are in possession of the returns showing the receipts, exports,
Tuesday at 16-lc., and selling on Wednesday at 16 916^16 19-32c.
&c., of cotton for the week ending this evening, Jan. 23.
It These sales were on the basis of the new classification. To day,
the market showed
an
advance of ^c., but in the early
aooears that the total receipts for the seven days have reached
101,698 bales against 95,243 bales last week, 82,178 bales the months this was wholly lost, and in the later months was only
previous week, and 146,593 bales three weeks since, making partly maintained. There were sales after ’Change at 15 3-32
the total receipts since the 1st of September, 1874, 2,411,920 for January, 15&c.
for February, 15.1c. for March, 16^c.
bales, against 2.375,5So bales for the same period of 1873-74, for May, and 164c. for June. The total sales for forward
free on
showiug an increase since September 1, 1874, of 36,335 bales. delivery for the week are 140,600 bales, including
For immediate delivery the total sales foot up this week
The details of the receipts for this week (as per telegraph) and board.
for the corresp mding weeks of the five previous years are as 18,247 bales, including 10,047 for export, 3,566 for consumption,
follows:
3,305 for speculation and 1,429 in transit. Of the above, 500
bales were to arrive.
The following are the closing quotations:
1870.
1871.
1872.
1373.
209,153
bbls.
bush.
1,977,721
249,774
Peanuts.
Butter
..bags.
..
to offer
their stocks more freely,
Tuesday was lost.
...
'
..
.
....
.
-
.
,
Received this week at—
1375.
1871.
New Orleans
Mobile
Charleston
Port Royal, &c
Savannah
Galveston
bales.
Indiauola, &c
Tennessee, &c
Florida
North Carolina
Norfolk
City Point, &c
Total this week
Total si nee Sept. 1...
32,767
9,751
13,3:46
47.020
16,619
11,991
1.175
13,516
2«,iii
9,748
13,9 2J
197
815
5,783
8,192
55,400
12,383
J
44,124
16,346
12,969
10,811
10,416
5,925
19,335
13,951
11,379
5.730
7,189
516
}
10,339
23,153
10,787
16,073
616
992
482
2:37
2,633
1,408
-j > «^)9
Q *>! Q
19,133
-
431
579
2.359
9.663
2,136
23,082
1,232
15,936
8.184
2,279
561
735
951
101,693
159,419
135,493
J1S.3S7
2.411.920
2.375.535
\
146,357
Low
6,822
7,383
we
1.703.000
2.0 H.02 4
12%®....
14
14
12%®...,
14%®....
®....
17
give the sales of spot
®
Classification.
Saturday
Monday.
Tuesday..
Wednesday
Thursday
Friday
Total
Exp’t.
250
2,957
4,007
2,138
Consump.
422
790
1,486
...
and transit cotton and price of
day of the past week-
Specula’n
PBK5KS.
TranBit.
479
500
125
1,639
200
443
673
19
10/47
3,566
3,205
Good
Total
1.419
747
175
27
364
331
12%®...
14%®...
15%®....
15%®,..
16%®...
16%®...
17%®....
15%®....
16%®....
16%®....
17%®....
SALKS.
98,851
Texas.
15%®....
14%®....
15%®....
15%®....
16%®,...
Uplands at this market each
1.625.139
®....
16%®....
New
2.133.808
12%®..
15%®....
16%®...
Middling Fair....
Fair~
Below
New
Orleans.
11%®....
Middling
Middling. ...”
Good Middling
the week ending this evening reach a total
which 54,852 were to Great Britain, 13,614 to
France, and 9,427 to rest of the Continent, while the stocks as
made up this evening, are now 860,695 bales.
Below ate the
exports and stocks for the week and also for the corresponding
week of last season :
The exports for
of 77,893 bales, of
per !b.
Ordinary
Good Ordinary
Alabama.
Uplands.
New Classification.
46,419
6.457
50,359
15,425
450
3,362
5,999
4,4)2
1,772
12%
12%
12%
12%
12%
793
1,429
Mia
I.OW
>rd’ry Ord’ry. Mldl’g. dll a t
12%
18,247
....
13%
14
11%
14%
14
14
•
•
•
•
14%
11%
14%
14%
14%
14%
•
•
•
•
15%
'
15*
15K
15%
15%
15 X
009.3
2
00 6600..31144..23
January 23, 1875.]
For forward delivery the sales (including
free on board)
hare reached during the week 140,600 bales (all low middling or
oh the basis of low middling), and the following is a statement of
the sales and prices :
bales.
cts.
eta.
bales.
baleB.
For January,
els.
04.2
bales.
100 s. n
200
<100
t()0 s.n
800..
300
400
cts.
15
15
15 1-32
15 7-32
15 9-32
15 5-16
For
600...
15 9-16
2,100
4,300....
2,100....
1,700...
1,400
...
900
16%
1,3.0....
1,700
15 13-16
100
2 900
15%
2.100
2,i ■OO
2,800
15%
For June.
600...
16 13-31
15 23 32
15 5-32
15 3-16
15 7-32
1,200
1.300
5,000
900
200
15 11-32
15 5 16
1.300
8,600
2,100
15%
3.300
...
16 1-32
2 400
16 1-16
16 3-32
16%
1,700
1.300
11,400 total June.
32,900 total April.
15%
...
...
16
2,900
%c.
1(H)
16 15-3-2
900....
16%
-3(H).... ...16 17-8*5
1,400.... ....16 9-16
3(H).... ...16 19-32
800
16%
1,000.... ...16 21-32
8,300.... ...16 11-16
500.... ...16 23-3-2
5 0..
16%
100....
16%
15 15-16
15 81 32
15 13-32
9-32c.
1,600....
15%
15 9-32
The
..
15 25-32
15 13 16
15 27-32
15%
15 29-32
2 400
15 13-32
15 7-16
15 15 32
16 29 32
16 15-16
16 31-32
17
3,600 total July.
For August.
15 11-16
1,000
li%
April.
15 3-82
For March.
100
15 11-32
16%
16 5-16
17,100 tatal May.
For
15 1-16
25,800 total Feb.
16 25-32
16 13-16
15 27 32
100
80 J.
200
700
300
200
200
300
100.... ....16 13 32
50:)
1,000
,16%
13,000 total March.
February.
15 1-82
4.200.....
16 5-32
16 3-16
16 7-32
800....
900.*...
15 25-32
1,800
15 1-16
16 3-3 i
...
15 19-82
15%
15 21-82
15 11-16
15 23-32
15%
2.300
4.900
1,600
8,100
15%
2.300 total Jan.
1,100
15 11-32
3, 00
4,400
For
100
For July.
300
...16 1116
May.
500
SO
16 13-16
16%
.
16 29-32
16 15-11
16 31-32
100
2U0
•200
800
;UU
100
100
17%
.'...17 5-32
September.
16%
16 9-16
16 18-32
...
.16
500
16%
300 total
Sept.
following exchanges have been made during the week:
pd. to excii. 300 April for May.
400 Feb.
“
“ March.
03
The following will show the doting prices each
basis of low middling uplauds (old classification) for
deliveries named:
On spot
January
February
March
April
May
.
.
.
.
Sat.
15
15 1-32
15%
15%
Wed.
15%
15%
15%
15%
15%
15%
15%
15%
15 9-32
15 8 16
15
15 1-16
15%
15%
15%
15 13-16
16 13-32
16 3-32
16 13-32
16 23-32
16%
16%
16 31-32
17%
112%
112%
4.84%
3,862
29.700
1«%
July
August
17
112
4.81
.
1.871
16,600
4 St
1,119
20.500
15 31-32
16 !) 32
16%
16 13-16
16%
112%
4.St %
5,999
28,900
15 9-16
15 2 >-32
16 7-32
15%
16%
16%
16 7-16
16 25-82
16 13-16
17 1-32
112%
4.8t %
4,10*2
19,8u0
15 25-32
16 3-32
112%
4.84%
1,772
22,100
17-32
27-32
15
15
16
16
16
17
5-32
9-16
;7-32
Prices, 1874
<
Date.
Fair
Jan.
8. ...9%
“
15.
22.
29.
“
Feb.
5
...
...
...
“
12.
19.
“
20.
Mar. 5.
IS.
...
“
19.
20
Anl.
1.
9.
“
10.
23.
“
30.
May
“
7.
14.
21.
<>8
June 4.
“
11.
“
18.
...
...
...
..
...
..
...
...
...
...
...
...
“
...
“
“
.
..
..
OR
July 2.
...
1874.
d.
8%
8*
9
5
8%
8%
8%
8%
8*
8%
5*
5
5 1-16
5*
5*
5 3-16
7 13-16
7*
8
8
7%
7 13-16
8
8*
5
7 15-16
8%
,
8 3- 6
8*
8*
8*
8*
5-16
8
3-16
5 5-16
8% 5*
8* 5%
8* 5*
8* 5%
8*. 5%
8% 5*
8
5%
8* 5 11-16
8* 5*
8* 5*
8% 5 9-16
8% 5*
8
8
1-16
13
13
13
12*
12%
12%
12*
12*
12*
12*
12*
12*
12*
5-16
5-16
13
13
6*
8%
8%
8 7-16
8 5-16
5 7-16 8*
5*
8*
5 5-16 8*
8
8
13
13
12*
1**
12%
12*
Fair
Egypt. Dholl.
9..
July
10
.
<4
30.
.
Q
..
6..
13..
20...
4*
27
Sept 3...
Li
10...
17...
44
24...
Oct. 1...
<•
8..
44
15..
44
22...
44
29..
Nov. 5..
4b
12...
44
19..
4
26..
Dec. 3...
‘Dec. 3..
41
10...
" "
4*
I 44 17...
23...
I
44
30...
Aug,
..
.
•*
..
.
..
.
•*
..
..
..
..
..
..
..
•
..
I
.
..
.
.
8*
1-16
3-16
3-16
Average prices, 1874 . 8 5-16
do
1873.9 5-16
do
8*
8
8 1-16
K
8
8
5
5
8*
8*
8%
8*
8*
8*
8*
7*
9
9 1-16
9*
IMPORT INTO GREAT
12*
12*
12*
12*
7*
7*
12*
8
7 15-16
5*
5*
l-‘fi
1-16
5
5
12*
7''7-16
12*
12*
7 5-16
7 5-16
7*
Fair
12
12
Fair
Oomra Bengal
d
d
5 5-16 5 7-16
9 11-16 6 3-16 6 7-16
4*
4*
BRITAIN.
1874.
Liverpool. L’nd’n.&c. Total.
Descriptions.
12*
1-16
4*
4*
4*
8*’
12*
8-16
5-15
Mid
Mid
Mid
Fair
Fair Fair
Orleans Mobile Boweds Pernms Egypt Dhol
d*
d
d
d
d
d
793
12*
12*
12*
12*
12*
13*
3-16
5*
5*
5*
8
..
12*
5-16
8
5*
8
3-16
3-16
5-16
5
5
5
5
5
5
7*
7*
7*
7*
12*
8*
8*
8*
5
8
..
Prices
of 30’*
»Water
874
Mid. Twist
Bwds.
d.
8
8
5*
&*
5*
5*
8
8
8%
8*
8%
..
4<
.
5*
5*
8*
8
..
23..
4k
13*
13*
13
Fair
Date.
13*
13*
5 7-10
5%
19,500
is, are still very bad.
Twist
BwCs.
9*
--
4,84%
VVeatiier Reports by Telegraph.—Considerable rain has
fallen the past week in the South, and the roads, especially in
the low lands, where the greater portion of the balance of the crop
1
Wat’r
,
Mid.
Fair
Etryp. Dholl.
...
1!2%
13
15
31
Prices
of 30’s
“
Frl.
Tues.
16 3-16
16 9-18
16%
Thurs.
Mon.
15%
.
June
Gold
Kxchanse....
Sales spot
Sales future..
Frl.
15
15 1-16
15 5-3-2
15 17-32
day on the
the several
....
22
6
8
17
....
TRICKS DURING
“
o
5
20
....
5
11
4
4
0
6
Great Britain Cotton Movement for 1874,—Below we
give the account of imports, exports and stocks for Great Britain
and prices of cotton in Liverpool during 1874, as published by the
Liverpool Cotton Broker’s Association in their annual circular.
The figures for previous years will be found in the Chronicle
of January 17, 1874, page 53.
“
600
100
100
6
Inch.
Feet.
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
17 3-16
3,700 total Aug.
11
....
.
17
500
Inch.
9
0
Feet.
New Orleans.. Below high-water mark...
Memphis.... .Above low-water.mark....
Nashville... .Above low-water mark
Shreveport.. ..Above low-water mark....
Vicksburg... .Above low-water mark
17 1-32
17 1-16
l7 3-32
600
100
For
89
CHRONICLE.
THE
lbs.
Avg. w ’t,
1873.
Bales.
439
three days this
9,180
1,958,210
859,654,190
..1.949.030
1,897,790
158
497,620
471,640
494,010
3,580
78.623,960
In sandy
574
297,120
170,546,880
297,120
312,370
lands and uplands the roads have impioved somewhat, but else¬
336
670
3,310
2,640
1,112,160
16,100
Turkey, &c.
where there is no improvement.
205
The thermometer has averaged
24,151,050
117,810
137,750
97,760
20,020
389
762.690
320,843,310
18,510
808,280
824,790
50, the lowest being 40, and the highest 70. The rainfall has
300
Madras.
203,320
60,996,000
194,680
160,330
8,640
reached only sixteen hundredths of an inch.
300
’n
3,848,000
145,670
12,810
9,680
3,130
Indianola.—We have had a shower on one day here, the rest
387
Total.
of the week being cloudy.
3,914.990
256,320
1,519,770,550
3,904,240..3,658,670
Rainfall has been four-hundreths of
CONSUMPTION OP GREAT BRITAIN.
an inch.
The thermometer has averaged 55, the highest point
Av. per week.
being 72, and the lowest 32.
Bales. Bales.
LiverAverage
London,
Descriptions.
Corsicana, Texas.—It has been showery on two days, the rain¬
Total. weight. Pounds.
1874.
1873.
pool.
&c:
fall reaching seven hundredths of an inch.
The thermometer has American
439
6,470 1,738,980
763,412,220 33,440 82.010'
.1,732,510
158
441.630
Brazil
438.750
69,777,540
8,490
8,190
2,880
averaged 40, the highest point being 53 and the lowest 21.
574
296,810
170,368.940
296,810
5,710
5,340
New Orleans.—It has rained on five days of the pasi week, the Egyptian
336
69
800
3 310
640
1,112.160
Turkey, &c.....
2,670
rainfall reaching two inches and six hundredths.
We are having West india, &c.
205
96,0 0
2,090'
19,680,000
1,850
9,720
86,280
too much rain.
The thermometer has averaged 52.
377
East India
253,114,030 12,910 13,29086,590
671,390
584,800
Vicksburg.—It has rained here on two days, being cloudy the
393 1,277,464,890 62,460 61,220'
Total
106,300 3,248,120
other days of the week. The rainfall has reached thirty three
EXPORT FROM GREAT BRITAIN.
hundredths of an inch, and the thermometer has averaged 42.
1874.
Nashville.—There has been a drizzling rain here on two days,
1873.
LiverAverage
London,
Descriptions.
the rainfall reaching eleven hundredths of an inch. The ther
Pounds.
Total. weight.
Bales.
&c.
pool.
439
American
105,130
120,750*
mometer has averaged 34.
46,152,070
105,130
158
Brazil
39,980
6,316,840
18,880.
39,980
Memphis.—Rain fell on one day to the extent of one hundredth Egyptian
574
8 11010,770
6,181.980
10,770
of an inch, the remainder of the week being pleasant.
The crop Turkey, &c
336
571.200
1,880*
1,700
1,700
205
5,125,000
29,270
is coming forward freely.
West India, &c..
11,810
25,000
13,690
Average thermometer, 35.
350
412,600
175,350,000
501,000
210,770
Mobile.—It has been showery on three days, and the rest of the East India, &c... 290,230
week has been cloudy.
The rainfall has reached one inch and
351
663,580
Total
239,697,090
591,490
222,080
461,500
twenty-three hundredths. Average thermometer, 50.
STOCK IN THE PORTS OF GREAT BRITAIN, DEC. 31, EACH YEAR.
Montgomery.—It has rained on four days of the past week, the
-1874.
1873.
rainfall reachiug sixty nine hundredths of an inch.
Average
London,
The receipts
Descriptions.
^iverTotal. weight.
Bales.
Pounds.
&c.
this week have come mostly from inland towns, as the roads are
439
274,780
148,690
120,628,420
American
274,780
impassable. Average thermometer, 47.
158
13,038,160
82,520
Brazil
62,510
82,520
Selma.—Rain has fallen on three days, the rest of the week Egyptian
574
41,706,840
75,120
72,660
72,660
336
336,000
1,000
2,710
1.000
being cloudy. Rainfall for the week one and twenty hundredths Turkey, &ti
205
25,320
27,510
West
5,190,60)
Galveston.—There has been
a
drizzling rain
on
week, and the remainder of the week has been cloudy.
..
..
..
..
.
.
.
.
..
•
..
•
•
•
.
.
,
-
....
inches. Average thermometer, 47. '
Macon.—It lias rained here on four days the past week.
thermometer has averaged 44.
Atlanta.—The weather the past week lias been cloudy,
India, &c...
The
Surat
Madras
Bengal & Rangoon
23,480
214,710
76,970
389
72,760
15,480
22,930
38,410
684,710
101,660
786,370
with
rain on one day, the rainfall reaching fourteen hundredths of an
inch. Average thermometer, 38.
Columbus.—It has been showery on four days, the rainfall
reaching eighty-six hundredths of an inch, and the thermometer
Descriptions.
Ameiican
Brazil
averaging 50.
Egyptian, Turkey, &c...
Total
1,840
210,580
4,210
4.130
300
^,522,190
23,091,000
11,523,000
232,960
85,670
142,920
380
299,036,210
778,090
300
ESTIMATEDJsTOCK^UKI.D BY SPINNERS AT THE CLOSE OF EAC’n YEAR.
1874.
,...
....
1873.
1872.
187 J.
1870.
68,000
16,000
17,000
4,000
80,000
20,000
60,000
120,000
25,000
41,000
9,000
15,000
2,000
25,000
5,000
25,000
30,000
10,000
25,000
3,000
and rest of the week cloudy, West India, &c
Surat, Madras, Bengal and
nine hundredths inches. It is
20.000
27,000
33,000
25,000
20,000
Rangoon
reported that planters in this vicinity will give increased land to
cotton this year.
The thermometer has averaged 48.
100,000
200,000
150,000
Total
125,000
150,000
Augusta.—The weather the past week has been cold and wet,
Smith, Edwards & Co. ON European Consumption. —Our
rain falling on five days, showers, the rainfall reaching twentysix hundredths of an inch.
Average thermometer, 47.
The following statement we have also received by telegraph, critical examination from time to time of the progress of cotton
showing the height of the rivers at the points named at 3 o’clock consumption in Europe, will read with satisfaction the following
this afternoon (Friday,, Jan. 22).
We give last year’s figures extracts with regard to American cotton from the annual circular
of Mecsrs. Smith, Edwards & Co. of Liverpool:
(Friday, Jan. 23, 1874) for comparison:
Savannah.—Rain on three days,
tho rainfall aggregating one and
... .....
[January 23, 1875,
THE CHRONICLE.
looking to other countries we may consider how far the American
supply the world's consumption of American cotton. The careful
and searching scrutiny made of the consumption last October leads us to be¬
1875.
of
exceed 3,900,yielded surplus
previous
yielded
lieve that the invisible stock was then underrated, and that the quantity
American cotton actually consumed out of the last crop did not
000 bales, if it reached that figure.
Practically the last crop
a
of 300,000 bales beyond the world’s consumption. The
one
a
surplus of 200,000, and we venture to say
that if the present crop reaches
yield a surplus of 250,000 bales, for we do not think that the
consuming power of the world will exceed 4 millions the present season. In
England the consumption will be stationary: on the Continent it will increase
a little ; in America it will perhaps be rather les«, for trade is exceedingly bad
there, and the mills are still working a good deal of short time. The result of
the crops in America will therefore be to add about 750,C00 bales to the quan¬
tity of American cotton remaining in stock at the end of this season, as com¬
pared with the famine supply held at the end of the short crop of 1671-2.
This opinion from so good an authority would appear to con¬
firm all we have said on the subject.
With regard to the coming
millions it
11
w
should read carefully the above, and also
year, one
remarks:
Total Great Britain stock
So'
far
as
Stock at other continental ports
Total continental stocks
322,000
Stock at Rotterdam
Stock at Antwerp
1875.
1871..
1873..
5,000
9,000
...
...
...
10,000
12,000
2,COO
1,000
17,000
11,0)0
11,000
20,000
52.000
27,000
20,000
8,000
35,000
43,000
There must have been an error
We believe the totals are right to-day.
17,(‘00
Total.
800.095
788.157
411,000
103,000
544,853
147,311
13,000
143,979
91,528
20,000
15,000
to-day
375,000
121,000
205,000
417,000
589,000
United States stock
United States interior
800.095
147,311
13,000
783,157
143,979
20,000
90,000
124,000
441,000
514,853
91,528
15,000
bales. 1,937,036
1,836,136
1,312,381
This
week.
30,000
23,000
22,000
stocks
United States expoits to-day
...
Total American
84,000
East Indian, Brazil, &c.—
381,000
London stock
Continental stocks
India afloat for Europe
214,0C0
358.000
87,000
118,000
103,000
1.003,750
902,750
Total East India, &c
1,142,000
1,312,381
1,816,136
8©3>a'd.
w.
Uplands, Liverpool
2,451,381
2.833,880
bales. 2,833,780
Total visible supply
Price Middling
319,000
198,000
192,750
118,000
198,000
150,000
53,000
afloat
Egypt, Brazil, &c.,
408.000
120.750
Liverpool stock
9%d.
-
These figures indicate a decrease in the cotton in sight to¬
night, of 100 bales as compared with the same date of 1874,
and an increase of 335,405 bales as compared with the correspond- "
ing date of 1873.
Movements of Cotton at tiie Interior Ports.—Below we
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night, and for the corres¬
ponding week of 1874:
/—Week ending Jan. 22, ’75-,
Receipts. Shipments. Stock.
5,145
23,735
851)
1,597
1,200
2,247
9,514
2,458
..
5.231
Oil
Augusta
2,053
13,035
12,187
Columbus
Macon
..
Montgomery....
Shreveport
...
—
.
Atlanta
St. Louis
by cable and telegraph to night. The continental stocks are the
figures of last Saturday, but tlie totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening ; hence to make the totals the
of exports
of Friday
21,412
147,311
38,817
30,355
143,979
4,120
2,739
7,850
4,357
2.707
9.471
854
2.276
3.853
31,550
1.650
3,831
1,750
4,010
11,192
3,336
14,747
11,-300
9,256
13,404
12,167
9,205
58,006
21,138
17,729
35,832
35,299
30,617
205,317
59,953
48,084
179,811
...
1,S69
2,632
3,555
,...
Total, all.
'
23,132
..
...
Total, new,.
shipments from Bombay to Europe, and that the total move¬
ment since January 1 shows an increase in shipments of 17,000
bales compared with the corresponding period of 1874.
|
Messrs. Nicol & Co. telegraph this week that they “ estimate j
the Bombay crop in quantity fully equal to last year, and in ■
quality good.”
Gunny Bags, Bagging, Etc.—There has been more doing iu j
bagging of late, but the close is quiet and firm at life, here and |
ll.Jc. iu Boston. The sales during the past week have been 2,500 j
rolls here at lU(JHJc., and 1,000 rolls in Boston at 114c.
There
have been no transactions in Borneo or native ; the former is held
at 12@124c., the latter at 9.1f^ 10c.
Bags are not selling and are
nominal in price at 12c. Butts have sold more freely all the
week, Western parties buying and shipping before the advance
iu freights took place.
The sales foot up for a week 8,000 bales
at 2|c. cash, and 2§c. time, and a sale of 500 bales was made at
the latter price this morning, while this afternoon the same has
been bid and refused, and but one small bolder offering at 2 7-10c.,
while all others demand 24c. time and 2fc. cash, it having been
announced that tlie tariff bill imposing a duty of $0 per ton now
only waits tlie signature of the President to become a law. Butts
have been on the free list heretofore.
This duty probably had
nothing to do with the free sales of late, as tlie idea that Congress
would impose a duty was hardly entertained.
Visible Supply of Cotton as Made up by Cable and Tele¬
graph.—Below we give our table of visible supply, as made up
17,819
...
Cincinnati
foregoing it would appear that compared with last
year there is an increase of 0,000 bales this year in the week’s
65,510
..
Total, old
last week.
7,242
1,613
..
Nashville
80,000
70,000
02,000
6,585
..
Memphis
...
.
Week ending Jan. 23, ’74—»
Receipts. Shipments. Stock.
25,146
5,209
7,375
17,106
1,706
2,859
12,499
2,107
2,240
1.016
070
5,857
6,014
2,900
2,287
68,748
14,:-50
18,891
8,579
2,971
4,495
1.863
1.900
..
Selma
From the
81,000
Continental stocks
Imerican afloat to Europe
Since
dan. 1.
complete figures for to night (Jan. 22), we add the item
from the United States, including in it the exports
only,
53,000
Liverpool stock
/—Receipts.—>
in our Bombay dispatch of
118,000
5S9.000
American—
—According to our cable despatch received
tliere have been 5,000 bales shipped from Bombay to Great
Britain the past week, and 17,000 bales to the Continent,while the
receipts at Bombay, during the same time have been 30,000
bales. The movement since the first of January is as follows.
These are the figuies of W. Nicol & Co., of Bombay, and are
brought down to Thursday, Jau. 21 :
Con¬
tinent.
1,141,000
2,154.381
2,833,886
2,839,780
supply
totals of American and other descriptions are as follows:
Total visible
Bombay Shipments
Great
Britain.
2 1,000
482,000
Of the above, the
to-day,
Total.
276,750
118.000
Stock in United States ports
Stock in United States interior ports....
of
Con¬
tinent.
22,000
16,000
33,000
38,000
11,500
1,087,750
Egypt. Brazils, &c., afloat for Europe....
grounds for hopefulness.
07,000
1,193,750
150,000
....
American cotton afloat for Europe
United States exports
17,000
23,250
05,500
21,500
417.000
European stocks
Europe
India cotton afioat for
supply that has for so many years been continually pouring into the,Eastern
markets, making that department of trade, one of incessant loss on the mer¬
chant.
At the same time we may say that we do not cee those signs of great
buoyancy in trade which might have been expected after so many years of
bad business at Manchester. We see nothing in the state of things there to
make spinners depart from a cautious policy as regards buying cotton ; the
time may come when the trade will see it their interest to become large
speculators in cotton, as they did in 1871, but we see no signs of it as yet, andthe inducement will need to be stronger than it is now to make Manchester
depart from the attitude of caution she has so long adopted.
We should like to Lave given the whole of this circular, as
there is so much that is good iu it.
Bui, we can find room for
only one extract more, which may be of service to some
our
readers:
The most trying period of our market will be the spring months ; a heavy
import will arrive continuously till midsummer, the American cotton now due
loses considerably, and it will need strong accounts from America to sustain
our market in the face of this.
Yet it is quite possible that if receipts fell
off unusually fast in the spring, we might see such vigorous buying on the
part of the trade as to cause a smart advance, in spite of the large import.
On the other hand, it is equally on the cards that large receipts and weakness
in America will cause the import to be pressed on our market, and lead to
very low prices for a time. The next two or three months will probably
enable us to know with tolerable certainty what will be the lowest dip of the
season, or whether it is really past.
Great
Britain.
39,000
29,000
38,000
41,250
51,000
15,500
5,500
16,000
Stock at Amsterdam
the following
/-Shipments since Jan.l->
23.000
Stock at Bremen
Though there are some serious drawbacks, such as the miserable accounts
reaching us from India, we think the prospects of spinner? and manufacturers
are not bad.
The low price of breadstuff's will act. favorably on the home
trade and the European demand, and we should think that, the slight restric¬
tion of production, enforced by the Factory act, will tend to check the over¬
/-Shipments this week-.
659,000
210,000
12.0C0
"
follows [on the same
Manchester is concerned, we have good
811,000
84,000
9,000
11.750
especially in the Oldham district. We incline, however, to tlfink that the
tendency on the whole will be to a slightly reduced production in 1875 as com¬
pared with 1874, and consequently to a rather smaller consumption of cotton ;
this latter feature may, however, be prevented by spinning heavier counts of
yarns ; when low prices prevail, the tendency is usually in that direction.
subject:
214,000
StocKat Hamburg
Total
again, later on, they speak as
198,000
Stock at Barcelona
Stock at Marseilles
new
Then
445,000
121,000
9,500
50,500
Stock at Havre
Factory act comes into play 1st January, and should reduce the
production by about 5 per cent, but as the full time allowed by law lias not
been worked of late years iu all the cotton districts, perhaps it is safer to put
the reduction at 3 to 5 per cent. This may be gradually made up in the course
of the year by additions to machinery, for several new mills are building,
The
1873.
013.000
870,750
Stock at Liverpool
Stock at London
1874.
750,000
120,750
Before
cron can
..
7,840
1,765
The above totals show that the old interior stocks have increased
during the week 1,720 bales, and are to-night 3,302 bales more
than at the same period last year. The receipts have been 15,085
bales tathan the same week last year.
The exports of cotton this week from New York show an
compared] with last week, the total reaching 8,397
3,277 bales last week. Below, wo give our usual
table showing the exports of cotton from New York, and their
direction for each of the last four weeks; also the total ex¬
ports and direction since Sept. 1,1874; and in the last column
the total for the same period of the previous year.
Exports of Cotton(bales) from New York since Sept.l, 18T4
increase, as
bales, against
1
'
■
.
1
Same
WEEK ENDING
Total
Jan.
13.
Jan.
20.
to
Jau.
6.
period
prev’us
date.
'year.
5,038
2,979
3,082
165,776
i
EXTORTED TO
Liverpool
Other British
Dec.
30.
j
Bfltaliij
j
2.976
2,973
Ports
Total to Gt.
t
*
*
*
232,463
*
I
165,776
232,463
3,013
3,082
2,979
5,038
6,126
-
265
148
53
Havre
Other French ports
'
....
....
...
...
940
'
Hamburg
Other ports
8pain,Oporto&Gibraltnr&c
....
Grand Total
|
150
i
50
‘
L
’
493
21,357
i
11,693
3,193
850
50
.
i
All others
Spain, Ac......
"50
680
783
Total to N. Europe.
Total
13.497
....
7,066
10,010
100
GOO
80
450
333
Bremen and Hanover
3,613
265
148
53
total French
15,379
10
•••*
1,983
....
j
!
■
90
—
10
....
....
1,983
193,756
I 256,891
*
! 3.812 1
5.718
3,277
i
3,397
1
91
THE CHRONICLE
January 23,1875.]
Liverpool, Jan. 22.—3.30 P. M.—By Cable prom Liver¬
the receipts of cotton at New York. Boston,
pool.—The market to-day opened quiet and closed dull. Sales of
Philadelphia and Baltimore for Ihelast week.and since SeDt.1,’74:
the day were 15.000 bales, of which 3,000 bales were for export and
BALTIMORE.
PHILADELP’lA
speculation. Of to-day’s sales 8,000 bales were American. The
BOSTON.
NEW YORK.
weekly movement is given as follows :
gBCK’TS FROMThe following are
This
week.
New Orleans..
Texas
1,462
Savannah
Since
Sept 1.
1,426
66,869
24,613
82,076!
1,270
4.4591
84,686
31,686;
609
Mobile
if>9
Florida
8’th Carolina.
N’th Carolina.
2,693
Virginia
2.132
North’rn Ports
Tennessee, &c
16?
10 530
3,698
110,559!
10
Foreign
.
“68
•
.
....
...4
.
6,434
11,522
1,065 43,763
168
3,479
1,161 40,320;
2,192 44.502
.
.
....
....
928
17,373|
820
10,557
15
12,641
•
•
"22
;
...
....
•
831
9,079
...
„
.
62.
342
16,948
6 057
21,435
2.035
67.640
the past week, as per latest mail returns, have reached 46,352
bales. So far as the Southern ports are concerned, these are the
sameexports reported by telegraph,and published in The Chron¬
icle last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week.
Total halos.
...Lord Clive,
Liverpool, per steamers Gaelic. 1.249
New York—To
1,833
To Havre, per ship J.
To Antwerp, per ship
A. Stamler, 265
’
Helvetia, 50
Scioto. 2,942
Udsirc,
To Liverpool, per ships Otago. 3,350
New Orleans
Premier, 3.48J
per
barks Peti Dubrovacki, 2,491
15,685
1,930
Petroneda, 1,711 2,828
1,400
s
2,999
1,150
Upland and
Avondale, 2,14)
To Falmouth, per shi:> Cort Adler, 1,930
To Havre, per Darks Marie Leonie, 1,117. .Adriana
To Rouen, per bark Alpha, 1,400
Mobile—To Liverpool, per ship Friga, 2,999
To Revai, per bark M. E. Corning, 1,150
Charleston -To Liverpool, per barks Sabra Moses, 2,059
W. J. Whiting, 1.914 Upland and 106
102 Sea I ■•land
Th Cork for orders, per hark Ridderkerk, 2,125 Upland
Savannah—To Havre, per Imr* Alfred. 1,674 Upland.
To Barcelona, per brig Elena, 388 Upland
....
Sea Island.
Texas—To Liverpool, per steamer San Antonio, 778
per ship Wel¬
lington, 2,984
per bark Yarmouth, 2,0o8.
To Bremen, per brig Trenmore, 999
Baltimore—To Liverpool, per bark Pohjola, 342
Boston—'To Liverpool, per steamers Quebec, 213 .. Marathon, 581
Philadelphia—To Liverpool, per steamers Indiana, 340.. ..Kenilworth,
300....
Total
f’iiH
are as
...
342
794
640
3.397
21,843
....
4,149
6.306
388 2,062
...
1,150
2,125
1.674
6,819
999
5,820
342
794
342
794
640
640
Total
33,543 2,125 1,930
Included in the aoove totals are from
Bilow we give ail news
vessels carrying cotton from
Baltic, str. (Br.). Kennedy,
388 46,352
999 1,150
1,400
4.767
New York 50 bales to Antwerp.
received to date of disasters, &c., to
United States ports :
which arrived at (Queenstown Jan. 12, from
York, was slightly damaged by heavy gales on the passage.
Darien, str. (hr.), from New Orleans, at Cuxhaven Jan. 13, lost
New
bulwarks,
boat ana dock load on the passage.
Louisiana.—Messrs. B. & J. Baker’s wrecking tag Spring Garden and the
schr S. S. Lewis left Norfolk Jan 16 for the sunken steamer Louisiana,
work upon which has prog essed slowly, owing to the extreme cold
weather.
San Marcos, str.
111,000
11,000
do
Orleans.
..
779,000
370,666
104.000
90,000
181,000
147,000
6,000
7,000
371,0)0
251,000
334,000
100,000
58,000
4,000
360,000
751,66b
375,666
;.
v..
464,000
348,000
62,000
38,000
7.000
360,000
240.000
231 000
daily closing prices of cotton for the week:
Tues.
7*@7#
7#®3
.@1%
8,000
769,000
Mon.
M7X
114,000*
21.000
275,000
Satur.
..
9,000
15,000
15,00i
le
Mid’g Uplands
Jan. 22
Jan. 15.
1 IS,000
221,000
Total stock, est
Actual
of which American, est
Total import of the week
of which American
Actual export
Amount afloat
of which American..
Wedncs.
.@7#
...@8
.@7#
.@8
.
..
.
BREADSTUFF S
Thurs.
Fri.
...@7#
...@S
.@7#
...@8
.
..
.
Friday, P. M., January 22, 1875
quite depressed early in the week, and
prices of the low and medium grades declined 10@15c. per bbl.,
with sales of good lines of shipping extras from spring wheat at
$4 75, and low extras at $4 50. But latterly, with firmer
accounts from abroad, an advance in gold and exchange, and a
better supply of freight room, most of the decline has been re¬
covered, with free buyers yesterday of good lines of shipping
extras at $4 90.
The productions of flour at the West, owing to
the severe cold and other circumstances, is unusually small, and
the receipts at the principal Western markets show a consider¬
able falling off.
The local trade continues quiet, but the better
grades of flour are not plenty. Rye flour and corn meal have
been dull and drooping.
Last evening and to-day some ten or
fifteen thousand bbls. of shipping extras were sold, part for
arrival, at $4 90(a)$5 for State and Wisconsin, and $5 05@$ 5 20
for Minnesota, and $5 50@$5 75 for extra prime winter wheat,
closing firm.
The wheat market was very depressed early in the week, under
The flour market
a
was
2 Spring in
but in the
better supply of freight room on the berth,
to realize, and there were sales of No.
$1 07 for Chicago and $1 10 for Milwaukee ;
pressure
store at
past few days,
Iona. Total.
...
Philadelphia
5,820
999
Barce-
Brc-
Fal-
Cork. m’th. Havre.Rouen.men. Revai.
York
3,082
*265
Orleans.......19,535
1,930 2,828 1,400
pool.
2,999
4.181
388
arranged in our usual form
irr/iculara if th.jge shipments,
follows:
Liver-
4,181
2,125
1,674
46,352
.
..
>
New
New
Mobile
Charleston
Savannah
Texas
Baltimore
Boston
3,082
265
50
Jan. 8.
52,000
4,000
5,000
685,000
596,000
Actual
News.—The exports of cotton from the United States
Shipping
1,280
Dec. 31.
Sales of the week
bales.
of which exporters took
of which speculators took
1,612 75,840
1,016 32,675
10,937! 129,283'
3,564
....
....
7,921 150,289
512,980
30.511
Total last year.
786!
487,417!
14,029
Total this year
2,338
1,640 24,699!
1,435
.
Septl.
8,471
2,108
69,810,
889,
1,663
Sept.l.
This Since
week. Septl,
Since
This
week.
Since
This
week.
with
and the conviction
a
pretty general that
the demand became more
prices had touched bottom,
active, especially for Spring growths,
yesterday, after sales sf No. 2 in store, at $1 09f for Chicago
$1 12£@L 13 for Milwaukee, the close was at $1 11@1 14,
with sales afloatjreported at $1 12@1 15J, aud choice No. 1 Spring
to arrive at $1 23.
Winter wheats have been dull, with sales at
$1 2591 28 for amber Ohio and Michigan, and $1 3091 31 for
choice white. The receipts at the West are very small, and any
and
and
of stocks in store. To¬
with No. 2 Milwaukee sold
maintained,
at $1 1G afloat, but business was limited.
Indian corn has arrived freely by rail from the West, with a
moderate supply by sail vessels from the South, and early in the
week there was some decline in prices, prime Western mixed
afloat selling at 86£c. for new, and 92c. for old, but with a con¬
revival of export
must work a reduction
day, prices were firmly
Norfolk for Liverpool, after bring tinued good demand there was yesterday some recovery, with
found to have her rudder sales of new Southern yellow and Western mixed at 8S$937c.
post broken off at the propeller arch, or 16-feet mark ; her rudder stock
broken off at the rudder post and lost, propeller blades all broken off,
Holders are pretty confident that present prices can bo maintained,
and her shoeing is partly broken (reported by divers). Her cargo has
owing to the falling off in receipts at the West. To-day, the
been diachnrged and the ship docked 14th in the government dock, the
latter being nine inches longer than the ship. The bottom of the vessel
market was at the time dearer, but without quotable advance.
is presumed to be in fair condition. Steamer San Antonio, from Gal¬
veston, with a new propeller for the San Marcos on board, arrived at
Rye and barley have been dull aud drooping, but are without
Norfolk 14th. A steamer left Norfolk the same day for False Cape to
important decline. Canada peas are lower, and have sold to a
take on board the cargo of the cotton discharged on the beach while
the San Marcos was ashore.
moderate extent at $1 05, iu bond.
South Carolina, str., from Charleston for New York, before reported as
Oats have met with only a moderate demand from the trade,
ashore at Baroegat Shoals, was got afloat Jan. 13 (not previously) in good
condition by Capt. Merritt, of the Coast Wrecking Company.
and prices have ruled weak; the bulk of the business latterly has
Princeton, ship, from New Orleans for Liverpool, before reported as on fire,
was beached inside the South Breaker. Pass-a-l’Outre, Jan. 12, holes cut
been in good to prime State mixed and white, on tbs track and
in the deck and a quantity of water forced into the hold.
Sixty bales of
cotton were broken out of the hold, damaged, and the tire supposed to
afloat, at 67@6i)c. To day, there was a firm and quiet market.
have been extingui-hed ; the water was pumped out, the ship suffering
The following are the closing quotations :
but little damage.
Fire again broke out, but was got under control,
steamboats having been engaged to pump water into her hold. The ves¬
Grain
Flour.*
sel was lightened and towed back to New Orleans 18th. The damage on
I 09
# bbl. $3 50@ 4 00 [ Wheat—No.3 spring,bush $1 05@
No. 2
1 11@ 1 16
cargo is estimated at $100,00 )
No. 2 spring
SuperflneStateand West’ No. 1 spring
Carl August, bark (Ger.), Siewarts, from Savannah for Revai, before reported
1 20@ : I 23
ern
4 10@ 4 35 !
stranded off Scaw, has been got afloat aud towed to Fredcrieksliaven
1 20@ ;1 24
Extra State, &c
4 85@ 5 10 j Red Western
1 25@ 1 28
Amber do
Jan. 11.
Western Spring Wheat
Mississippi, brig (I tab), Figario, from New Orleans for Havre, before reported
1 24@ l 31
White
extras
4 75@ 5 20
taken into Key West Dec. 30, leaking badly after being ashore, was dis¬
93
86@
Corn-Western mixed,...
ashore at
(Br.), from Galveston at
Wash.Woods, has been surveyed and
.
•
.
,
charging cargo Jan. 7 for repairs.
Cotton freights the past week
/
-Liverpool.—
Steam.
o
Saturday...
Monday....
Tuesday...
Wednesday
Sail,
d.
d.
#@9-32
#@2-32
#@9 -32
#@9-32
..@^
@#
..
..@#
Thursday..9-32@5-lC 7-32@#
Friday
9-32@5-16 7-32@#
do XX and XXX
do winter wheat
XX
have been as follows :
,,—Havre.—»
Steam. Sail.
c.
c.
X
X
X
X
X
X
X
X
X
X
#.
•
•
,
Bremen.
Steam.
c.
..@1
..@1
..@1
..@1
.MX
.MX
Sail.
v
-Hamburg.—
Steam.
c.
c.
Sail,
c.
■
X
•
X
#comp. MX
X corap. MX
#comp. .MX
#comp. .MX
.
X
■
X
comp. ..@#
..comp. .mx
..
..
|
00 I
5 25@ 8 09
Xand
City shipping extras. ..
City trade and family
5 25@ 8
5 00 ® 5 50 I
6 00@ 7 50
Southern,yellow, new..
Corn meal—Western, &t.
Corn meal—Br*wine. Ac.
4 15@ 4 50
4 70@ 4 80
86®
,
i
I
Peas—Canada
95
67
69
70
92@
<5@
| Oats—Black
Rye
|
I Mixed
7 00& 8 00 I White
mily Drands
Southern shipp’gextras.. 5 25@ 6 50 ! Barley—Western
Canada W'est
R/e flour, superfine.. ... 4 85@ 5 15 1
State
brand s
Southe'n bakers’and fa-
94
93
88
87@
87@
White Western
Yellow Western
67@
..
68@
1
1
1
1
3G@ 1 40
57@ 1 60
27@ 1 42
.
■
1
3
[January 23, 1875,
THE! CHRONICLE.
92
lol-1
yet these buyers have not operated with much freedom, as it is
too early for very 'active sales, but their purchases encourage
-EXPORTS FROM NEW YORK.
RECEIPTS AT NEW YORK.
dealers to look for a fair season’s business.
At any rate, the
18’74.
Since
187'5.
18 75.
Since
For the
For the
Since
Jan.
Since
For the
opening is more hopeful than for several seasons. There is every
Jan. 1,
week.
Jan. 1.
week.
week.
Jan. 1.
1, 1974.
42,577
143,973 inducement for dealers to stock up freely and early this season,
109,985
71,939
254,852
209,153
Flour, bbls. 60,278
2,772
12.089
8,722
13,623
3,765
17,450
C. meal, 4‘
4,719
as a comparison of present prices with those ruling at the opening
915,512 902,441 2,119,594
249,774 1,977,721 163,090
Wheat, bus. 68,240
383.449
441,744 265,995
746,367 201,159
of last season and at this time a year ago, will show a shrinkage
Corn,
“
370,600 1,223,458
1.078
12.850
13,134
59,489
44
Rye,
90
90
in values, below which there is little danger of their going.
66.819
56.900
The
♦Barley 44
34,250
581
472,235
4,360
9,4:5
4,800
Oats ...“
164,244
436,239
tenor of the opinion expressed by buyers generally would seem
* In “Receipts at New York” includes also malt.
to indicate their appreciation of this fact, and while there is very
The following tables show the Grain in sight and the move* little speculative feeling manifested, we are led to believe that
ment of Breadstuffs to the latest mail dates:
there will be little hesitation in laying liberal assortments for
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
their early trade on the part either of jobbers or retailers.
JAN. 16, AND PROM AUG. 1 TO JAN. 16.
There have been financial difficulties here during the week*
Oats.
Flour. Wheat
Corn.
Barley.
Rye,!
but the failure of a Philadelphia and a Boston jobbing house is
bush.
bush.
bush.
bush.
bbls.
bush.
(56 lbs.) (821b*.) (481bs.) (56 lbs.)
(196 lbs.) (BOlbs.)
The details of tlieir assets and liabilities are not given,
82.380
8,390 reported.
86.437
207,843
25,886
257,318
Chicago
3.938 and this market i« in no way affected by the occurrences.
24.907
15,560
30.184
Milwaukee
166,463
17.691
27.510
Toledo
185,231
Domestic Cotton Goods.—There is a moderate demand for
23,761
13,943
4,673
12,656
Detroit
4,700
7,800
3,700
Cleveland*
5,950
brown cottons, with prices strong on nearly all lines, and some of
24,827
91,335
1,061
61,543
St. Louis
22,158
14,3 1C
655
87,040
30,800
4,520
Peoria
7,220 the most prominent makes held at slightly better rates. There
32,440
Duluth
are some lines that are only offered for forward delivery “ at
670,199
20,539
Total
587,782
232,487 100.264
260.790
713.375
27,936 value,” and the feeling for the future is strengthened by the fact
83,808
162,406
Previous week...
920,072
795.334
’74. 123.518 1,570,770
454,001
150,093
37,214
that many of the New England mills are already complaining of
Corresp’ng week,
’73.
310,636 101.838
466,961
858,625
34,987
71,081
a scarcity of water, and aie reducing
their production in conse¬
’72.
44,391
330,678 1,281.333
77,857
309,592 110,772
”<1
62.421
21,330
233,193
283,587
94,906
8,399
quence. Bleached goods are not moving very freely, and the
’70
51,120
76,557
286,973
128,738
127,372
6,160
Total Aug. 1 to date... 2,796,8 >3 36,888,601 20.877,381 12.535,604 4,520,044
761.544 feeliDg on them is irregular. There are a few grades that can
Same time 1873-74. ..3,032,447 48,202,093 ‘28,566,435 13,485,464 5.251,068 1,138,926
scarcely be called strong, though for the most part prices are
Same time 1872-73....2.656,823 31,199,137 29,773,702 12 507,920 6.541,784 1,110,781
Same time 1871-72.,..2,858,205 30,252,139 28,614,380 16,192,652 5,040,311 2,061,031
very well maintained.
Colored cottons have been moving a little
* Estimated.
more freely of
late, the demand having been stimulated some¬
Shipments of Flour and Grain from the ports of Chicago
what by the recent revision of rates on the principal lines. Prints
Milwaukee, Toledo, Detroit, Cleveland, St Louis, Peoria and are selling fairly in specialties, but for the general offering of
Duluth, for the week ending Jan. 16, 1875, and from Dec. 27 to
fancies there is but a limited demand. Prices remain steady, and
Jan. 16:
Flour, Wheat,
Oats,
Com,
Rye. are quotable at 8^@9c. for standards, the latter being the ruling
Barley,
bbls.
bush.
bnsh.
bush.
bnsh.
bnata.
Weekending—
53.172
140,203
Jan. 16, 1875
188,543
139,250
20,505 figure, though an occasional 'make is offered at the lower rate.
48,869
210.519
143,749
Jan. 9, 1875
69,672
192,236
16,091
45,436
There has not been much doing in ginghams, but they are held
262,091
752,515
205,128
105,587
9,071
Corresp’ng week 1874 123,170
227,953
137,841
215,192
79,868
3,820 at moderate prices.
Corresp’ng week 1873 70,484
116.119
56,687
28,536
509,079
16,568
10,774
Corresp’ng week 1872
Domestic Woolen Goods.—The demand for goods for men’s
226 C44
36,823
25,330
59,599
1,000
Corresp’ng week 1871 44,829
709,520
Total Jan. to date.,.. 219,116
617,838
432,759
44,196
140,167
wear is limited, and the season does not open as favorably as had
312.769 2,571,633
Same time 1874
664,443
524,319
235,655
34,028
603,613
197,899
Same time 1873
321,568
495,169
227,578
15,250 been expected.
The production of cassimeres has been lessened
Same time 18<'2
91,618 1,'210,596
185,140
326,723
107,715
34,441 by
many of the manufacturers in consequence of the meagre pro¬
RECEIPTS OP FLOUR AND GRAIN AT 8EABOARD PORTS FOR THE
fits which goods are paying.
The clothiers are buying very
WEEK ENDING JAN. 16, 1875, AND FROM DEC. 27 to JAN. 16.
sparingly, as their trade is limited. Worsted coatings are in
Flour, Wheat,
Corn,
Oats,
Barley,
Rye, request, and rule about steady. Dress goods are going out in
bbls.
bush.
bnsh.
bush.
At—
bush.
bush.
fair way, and open strong, Other woolen goods are steady, with
391.800
57,773
New York
750
75,680
176,594
19,600
a little trade doing in knit goods, but the offerings of these fabrics
11.410
22,127
Boston
160,809
20,287
11,891
The movement in breadstuffs at this market has been as
lows:
»
>
,
,
,
.
.
•
•
•
•
....
....
.
.
....
.
•
,
•
•
-
«
•
•
•
•
....
....
....
....
....
....
....
r
Li
It
It
(V
.
9,550
6,300
18,170
18,813
Portland
Montreal
Philadelphia
Baltimore
New Orleans
139.355
151.119
215.447
479,813
679.018
376.591
384,371
The VISIBLE
4,500
85,000
8,500
86,363
40,224
923,460
317,371
959.557
298,105
257,649
347,241
793,447
917,528
936,629
634,334
....
1,004,555
499,700
874,182 2,930,874
2,707,710 1,755,483
629.233
971,410
307,541 2,344,050
Supply
are
2,800
11,500
42,666
180.800
365.140
6,622
Total
Previous week
Cor. week ’74
Total Jan. lto date.
Same time 1874
Same time 1873
Same time 1872
18,688
....
3,450
56,000
218,600
of
Grain,
200
1,000
....
45,791
1,950
MOO
33,120
83,325
3,278
7,428
108.937
128,838
277,532
266,056
4,625
8,342
5,580
including the stocks
Wheat
hush.
In store at New York
In store at Albany
In store at Buffalo
In store at Chicago
Instore at Milwaukee
In store at Duluth
n
store at
Toledo, 11th
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*
Tn store at Baltimore*
Rail shipments
Afloat in New York*
Corn,
on
the Now
Oats,
Barley,
bush.
1,042,146
891,858
197,356
41,000
76,191
427.005
36,137
58,000
48,215
507,830
76,781
105,445
56,211
41,404
1,469,155
importations of dry goods at this port for the week ending
corresponding weeks of 1874 and 1873
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING JANUARY
1873
*
Pkgs. Value.
Manufactures of wool... 1,065
do
cotton. ,2,2V>1
590
do
silk....
do
flax.... .1,552
!. 633
573
$596,754
693,465
533,907
Pkgs
1875
,
Value.
,
143,516
1,872
$194,277
309,182
231,128
131,334
126,730
3,119 $1,338,813
4,082
$992,65!
$337,729
379,861
356,450
116,257
1,097
392
445
612
374,768
176,023
6,091 ; $2,374,917
6,031
Total
21, 1875.
t
358
1,023
264
568
118,793
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING THl
299,522
134,648
Manufactures of wool....
416.745
470.026
53;042
215 000
423,818
390.674
83,606
60.058
187.962
189,710
140.000
23,440
120,000
20.000
174,729
140,263
367,389
188,543
65,000
2,500
48.869
250,000
139,250
50,000
135,000
175,000
8,372
7,200
---1874
—t
Value.
Pkgs.
r—
.
bush.
193,752
675,000
i
The
perhaps
Jan. 21, 1875, and the
have been as follows :
.
bush.
3,586,775
23,000
832,543
2,826,930
1,665,752
yet.
year, and the present requirements of the market are
about equal to the amounts usually taken at this period.
in
at tho principal points of accumulation at lake and
granary
Beaboard ports, in transit by rail, on the Lakes and
York canals, was, on Jan. 16, 1875:
not liberal or well assorted as
Foreign Goods.—Jobbers are picking up lines of desirable
dress goods to a considerable extent, but the movement, in general
lines lias hardly opened. The imports are about the same as last
27,500
118,902
152,970
52,7.97
92,490
243,728
274.800
10.142
3,968
3,637
32,436
83,130
555
991
SAME PERIOD.
do
do
do
Miscellaneous
11,918,675 4,969,115 2.557,123 2,011,905
9, ’75.11,790,579 4,866,983 2,613,113 2,074.962
“
Jan. 2,’75.11,996,834 4,242,734
2,588,117 2,259,556
“
44
Dec. 26, ’74.11,793,227 3,993,638 2,547,146 2,350,066
Dec. 19,’74.12,449,495 4,024.034
2,583,239 2,447.776
“
Dec. 12,’74.12,138,943 3,830,152
2,671,469 2,476,141
“
cor. week,’74. 1,087.189
5.519,307 2,530,394 1,663,838
The visible supply of ryo at the principal points.
Jan. 16, 1875, was
as
follows: New York, r50,899 bush.; Albany, 5,000; Chicago, 23,879; Milwaukee, 8,556; Toledo, 11th, 32; *Oswego 10,500; St. Louis, 1,410; Peoria,
13,584; Boston, 4,325 ; ToroEto, 537; *Phi ladelphia, 7,000 ; *Baltiinore, 2,000 ;
rail shipments., 20,505 ; *aflcat in New York, 35,000—total, 182,727 bush.
silk
flax
197
952
dry goods.
219.736
209.633
203.205
1,023
27,884
717
2,408
3,5S0 $1,101,738
Total
Total
523
530
198
$411,280
Addent’dforconsumpt’n 6,091
2,374,917
thrownnponm’k’t. 9,671 $3,476,655
35.000
Total
Total in store & in transit Jan.
cotton..
843
811
4 687
3,119
$262,757
$230,073
189,072
172.116
464
489
218,764
180,181
35,759
80
88.137
731
163
145,455
17,707
1,927
$670,444
992,651
$869,577
1,338,813
7,806 $2,203,390
4.082
6,009 $1,663,095
ENTERED FOR WAREHOUSING DURING SAME PERIOD
Manufactures of wool.... 1,152
do
cotton.. 1,641
do
silk
656
flax
1,250
do
Miscellaneous dry goods.
690
893
141
344
956
$518,117
,
502,715
647,785
289,659
35,403
766
$393,199
260,557
154.851
$110,994
288
456
99,383
44.839
112,930
113,649
95,493
9,646
84
567
347
“
“
“
5,465 $1,993,679
Total
3,024
$952,829
1,742
2,374,917
3,119
1,338,813
4,082
6,143 $2,291,642
5,824
Addent’dforconsumpt'n 6,091
$412,712
992,651
44
$4,363,596
“
.
.
,
*
annex
few particulars
a
Cotton Sail Duck.
Woodberry
Druid
and
No. 0
THE DRY GOODS TRADE.
Friday, P. M., Jan. 22, 1875.,
There is an increased attendance of buyers from the different
sections of the interior, and a fair business is in progress. As
of leading articles of domestic
those of leading jobbers:
manufacture, our prices quoted being
Mills.
Estimated.
We
.
No, 1
.
No. 2
No. 3
No,4
No. 5
No. 6.
.
.
.
...
.
.
42
40
38
36
34
32
No. 8
No. 9
No. 10
26
24
22
Light duck—
Bear (8oz.) 29 in..
do heavy (9oz.)...
18
21
Mont.Ravens 29in.
do
40in.
20
29
Ontario and Woodberry
USA Standard 2S3^ in.
do
8 oz. 22
do
9 oz.
24
do
10 oz. 26
do
12 oz. 31
do
15 oz. 88
Ontario Twls, 29in. 18
36in. 23?
1
do
No. 7
v%
•
'i
Shipping
6>j
6X®
...
BREADST UFFS—See special report.
BUILDING MATERIALS—
Bricks— Common hard, afloat
28 00 @ 32
@ 1
110 © 1
1 60 @ 1
Lumber— Southern pine
25 00 @ 35
White pine box boards
19 00 @ 25
White pine merchan. box boards. 24 00 @ 30
Clear pine
65 00 @ 75
Blackwalnut
Spruce boards* planks...
3
5
5
3
Nails—10@60d.com,fen & sh.$) keg
Paints—
Lead,wh., Amer., pure dry
Zinc, wh.,Amer. ary. No. 1
Zinc, wh.. Amer., No.1.in oil
Paris white.English,'prime gold...
85
11
•
Chili,
Pernambuco,
ox©
7
•
•
•
•
12
2 CO
@
@
@
@
Dec. £0:
do
do
41
87
30
80
HOPSAmerlcan crop of 1874
American crop of 1873
American crop of
days, gold.
gold.
17X®
18>*@
18 V®
19X®
26 ©
19 @
18X £
gold.
gold.
gold.
gold.
gold.
19 @
17 ©
18 @
18 @
gold.
gold.
St. Domingo..
Savanilla
Costa Rica
gold.
COPPER—
5
5
6
4
COTTON—See special report.
DRUGS & DYESAlum, lump
Argols, crude
gold.
“
“
Arsenic, powdered
Bicarb, soda, Newcastle
“
retined, city
E.l.inbond, # gal..gold.
soda
“
Cimphor
Castor oil,
l«
potash
Cochineal, Honduras......
Cochineal. Mexican
Chlorate
25
30
05
4 4
90
il
•
•
•
•
cur.
.
<•
Ginseng,Southern.
t
.
•
is
41
Jalap
©
©
33 X ®
8 ©
.©
.©
.©
.©
•
•
Gambler
Ginseng, Western.
gold.
•
8*
American
gold
....
cur
steel, foreign
....
American...
do
27 00
38 00
2t
00
15
5
8;V
22*4
29X
®
@
@
a
®
®
@
©
40
86
42
45
®
45
45
55
@
27
33
33
28
82
&
potash,yellow
Quicksilver
gold.
Quinine
•car‘
Rhubarb, China,goodto pr....¥» Tb.
Sal soda, Newcastle
gold
6 75
4 80
FISH—
Mackerel,No.2, shore, new...,.
Mackerel, No. 2, Bay, new.
six
8X
do
@ 14 00
@ 11 50
ft 10 50
@ 10 00
15
<3
*
Sultana, n*w
Valencia, new..
„
3 6o @
Loose Muscatel, new
Currants, new
....«
Citron,Leghorn
6 25
2 85
16
11
3 75
6
28
Prunes, Turkish, new
do
French
Dates
Figs, new, drums
Canton Ginger..
sardines, V bl. box
Sardines, ♦ ar box
12 X©
....@
and layers
.....
*
..
cur.
15
@
25
@
24X@
14
.!*
7 £0
27
a
14V
11X@
Macaroni, Italian..
Domestic Dried—
12X
8
7
sliced
8
8
.
Ga.gool&prlmc.new
do
N.C., prime & ch’ce
nnpared, halves and qrs...
do
do
27
32
@
@
@
@
@
©
@
7X«
9X®
.-..@
27
@
19
@
GUNNIES.—See report under Cotton.
GUNPOWDERShipping V 25 lb keg................. ....
...
Mining«Blasting.,
Naples
Grenoble
Peanuts." ’Tennessee."...
do
do
9
7V
8V
8X
7V
31
34
3V
9V
31
29
22
1 12X@
1 30 @
1 70 @
Wilmington, new...
Virginia, new
A’monds, Languedoc
do
Tarragona
do
Ivica
,
do
Shelled
Princess
OAKUM, navy to best
0ILS-
..
....@
@
•.
@
....
7V@
quality...* lb.
@
40
@
1 10
...
1 95
1 15
winter
•
@ 46 50
cur
PETROLEUMCrude, in bbls
Crude in shipping order
@
@
@
standard white
9 ©
bbls
PROVISIONS—
Pork new mess
Pork, extra prime
Pork,prime mess
Biiei, plain mess, new
Beef, extra mess, new
6>£
12
9X
9 59 @10 50
10 50 @ 12 00
2150 @ 23 00
12X^
$ lb
12V
@
13%
Beef hams..
,
Lard, steam
RICE—
Carolina, fair to choice
Louisiana
Rangoon, in bond
b'i
•
••
gold
Patna
SALT—
Turkslsland
St. Martin’s
Liverpool .viriousBortB
-
"X@
8
@ 2 «5
7*4®
"X
„
_
25 @
SO @
V sack. 1 6o @
SALTPETRERefined, pure
3 50
Crude
3 00
Kitrftts soda. •»•••••••••••«••♦•
_
V®
god
A
5X@
23
35
2 85
12X
l*
87
38
56
82
10
40
T4
85
sc
42
64
26
•
.
•
•
22-X
21V
.a
@ 10 25
@ 8 B7X
9 75
8 50
“
13
25
55
8
40
11X®
HX®
13X®
35
7
18
65
20
28
©
®
a
@
47
43
fillers. ’73.
@
85
@
0,1
V
I & 2
American,Combing
Extra,Pulled
No. 1, Polled
_
@
1 25
27
54
57
51
®
51
®
40
33
California. Spring ClipSuperior. unwashed
@
©
40
23
32X®
37
S6
27
Coarse
Burry ...
South Ani. Merino
Cape Good Hope,
Texas, fine
97
31
25
28
3.3 @
27 @
23 ©
25 ©
3! ©
.32 x a
33 ®
32 ®
15 @
Medium
25
3!
unwashed
unwashed
medium
To Liverpool:
V ».
bbl.
goods. .Vton.
Corn.b’lk &"bgs.V bu.
Wheat,bulk* bags..
Beet
.... V tee,
Pork,,,.........Vt>bl,
d.
9-:?2® 5 16
d.
s.
@....
@60 0
55 0 @....
10 @...,
3 0
45 0
10X4....
9 0
6 6
©....
17
9X
9 X®
-SAIL.
PTKAM.
s.
35
32
V If, gold, net
,—
83
33 ^
gold.
unwashed
FREIGHTS—
Heavy
50
@
42
62
87
“
Flour
15
80
34
34
WOOLAmerican XX
American, Nos.
Cotton
62
Nominal.
Pennsylvania wrappers.’72
Havana, com.to fine..
Manufac’d.in“bond, black work
bright work
Smyrna,
ZINC—
Sheet
69
94
@
©
42
leaf—Connecticut wrappers’73
Texas,
94
67
‘
Conn. & Mass,
1 85
44
®
@
@
47
65
28
32
..
gold
Seed
tfbbl. 19 50 a ...
“
16 00 @ . ..
“ 18 50 @ 18 75
“
“
“
77
1 10
37
Plates.char.terne
1 70
1 98
1 18
gold 43 50 Q 44 CO
74
1 10
45
59
TOBACCOKentucky lugs, heavy,..
“
leaf,
“
70
1 30
f4
....
49
to fair
67
«
•
•
44
64
77
95
®
67
82
English
Plates. I. C.char coal
75
@
@
@
@
9X
9X
9X
&
&
@
&
&
&
48
Straits
“
Western
H>ms.smoked..
@
10
&
&
&
®
37
.cur.
45
TIN—
47
10X
s%® 815-16
8X
8.V®
B
do
9V
iix
9X®
9X@
94®
8 @
Choicest
80UC.& Cong.. Com. to fair
do
Snp’rto fine.:
do
Ex. fine to finest
31
80
10 X
....®
Uncoiored Japan,Com.to fair
do
Sup’rtofine
do
Ex. fine to finest
Oolong, Common to fair***,
do
Superior toflne.....
Ex flneto finest
do
21V
8V
VA
10V®
-
Bup.to fine
Kx. fine to finest..
8X
s*
10V®
10X®
HX®
Sup.to fine
Ex.fine to finest
Choicest
do
do
do
do
1 25
79
....
OIL CAKECity, bag
Refined,
11'
12
1 40
1 75
1 90
22
22
10 X
8X@
7X@
.
13 **
@
!b
10X
7X@
centrif...
Imperial. Com to fair
Sun.to fine
T.o
do
Extraflne tofinest
Hyson Skin. & Twan.. com.
9
@
72
Whale,bleached winter
do
do
do
10*4
8X
90
L. I. Sound
10
Gunpowder, Com to fair
11
46
1 20
77
39
Linseed, casks and bbls
Whale, Northern
Sperm, crude
Sperm, bleached
Lard oil. Winter
@
@
29
Cotton seed, crude
Olive, in casks IP gall
Menhaden, prime
Neatsioot
.
....
do
Naphtha. City,
:ox@
@
10 @
8 X©
....@
13 @
....@
11
@
....
Barcelona
Brazil nuts
Walnuts, Bordeaux
7 (0
Store Prices.
&
6 50
@
extra pale
S%§>
10X®
9X@
7X@
SX®
do
Choicest
Young Hyson,Com. to fair...
do
Super.to fine...
do
Ex.flneto finest..
Choicest
do
4 50 ©
6 50 @ 7 25
NUTSFilberts, Sicily
FL.AXNorth River
FRUIT—
Raisins, Seeaiess
do
Layer, new
2 25
5X
9X
* lb
No. 2
pale.
@
6VO
4X0
7X@
8X®
Vlb
Hyson, Common to fair
do
Superior to fire
Extra fine to finest....
do
2 37 X
38
2 15
4 00
2 35
5 50
“
“
1 80
1 80
20
Prime city, V
Western,
lb
“
7
40 @
1 55 &
73 @
2 12X©
....@
00
50
2 37x®
8V
9X
VX
6X
7X
8%
9X
TALLOW-
67
8.X
SX@
Defined—Hard, crushed
Hard, powdered
do
granulated
&
@
V gall.
Spirits turpentine
S7X@
Rosin com. to good strain'll V Dbl. 2 10 ©
No. 1
3 (X) @
1 58X
00
00
2 25
40
V gal.
“
2 25
1 25
1 60
85
2 35
18 V
00
55
@
@
©
7V
@
&
8H&
white
do
cut loaf
Soft white, A. standard
do
do
off A
White extra C
Yellow
do
Other Yellow
9
16
10
11
8 X@
Manila
NAVAL STORES-
58
4;i
@
6
13
11
10
9
George’s and Grand Bank cod
Mackerel, No. 1, shore, new
Mackerel, No. 1, Bay, new
38
40
43
40
Tar, Washington
Tar, Wilmington
Pitch, city
9X®
gold
ordinary to good
8ugar of lead, white
Vitriol, blue.common
do
do
grocery grades,
Barbadoes
Demerara
Porto Rico
N. O., new, com. to choice-...
3*4
83
1 57
centrifugal and mixed
Cuba, Muscovado, refining grades.
8X
7X
14X
2X
2
.gold.
Cuba,
36 X
28
®
&
&
.36
33
Cuba, clayed
7
5
Rico,refining, com. to prime,
do
grocery, fair to choice..
Brazil, bags, D. S. Nos. 9011
Java, do. D.S., Nos. 10@12
29
29
86 X
31
36
25
spring
machinery
spring
Porto
so
14
11*
lix
@
@
@
@
@
cur
cast
do
do
.
quality....
centr,bhds.& bxs, Nos. 6@13
Molasses hhds & bxs. ....
Melado
tlav’a, Box.D. S. Nos.7@9
do 10@12
do
do
do 18@15,
do
do
do 16@18
do
do
do 1P@>0
do
do
6 12 X
sx
6X3
10 ®
11 @
11 ©
,
@
26X@
25X@
Hemlock.Buen, A’res, h.,m.&l
“
California, h., m. & 1
"
comra'n bide, h., m. & 1
“
rough
Slaughter crop
Oak. rough
Texas, crop
tfttgold
prime, refining
fair to good grocery
pr. to choice grocery
do
do
do
do
LEATHER-
90X
9«X
Store Prices.
17X
16 @
SUGAR—
Cuba, inf.to com. refin'ng
do fair to good refining
@
....
1 92 X
American German
0 9-
¥• 100 lbs, gold 6 87X®
'•
Bar, sheet &pipe.discount 10 V cent
blister
cast, Tool
American
American
American
American
27 00
26 00
@ 50 00
@ 55 60
@ 90 00
@ 80 00
....
cur
Ordinary foreign
©
&
14
Prusslate
English machinery
@125 00
Domestlc
20^
6X@
6X«
Madder,French
Nutgalls,blue Aleppo.
Oil vitriol (66 degrees)
Plums
new.
1 90
cur.
.'7;. “
English, spring,2d & 1st quality
English blister., 2d & 1st quality
LEAD-
21
21
•.
26
25
Calabria.
/taspberrieB.new
Cherries, pitted, new
do
do
do
2V
20
32
•
Blackberries
.\..gold
Rails,new,English
17V
& W
English, cast,2d&lst quality
....
Hoop
87 50 @133
Sheet, Rufsia, as to assort
gold.
14X©
Sheet, single, double & treble, com.
4X@
3 25
STEEL—
Store Prices,
80 00
3 00 @
**
Whiskey
130 00 @140 CO
Scroll
30
28
30
46
43
4
•
Cubebs, East India
do
do
Gin
Domestic liquors—Cash.
Alcohol (88 per ct) C.
English German,2d & 1st
Bar, Swedes, ordinary sizes
@
30
77X®
80
4 23 & 4 90
75 @
24
Cream tartar
pared
Brandy, foreign brands
Rum—Jam.,4tli proof
St. Croix, 3d proof
....
26 CO @
25 00 @
23 00 <a
34 00 @
1 20
1 05 @ 1 10
HX®
41
39 @
17
16X@
gold.—
V gal’. 8 69 @ 15 00
“ 3 75 @ 5 50
“ 3 45 @ 3 55
SPIRITS-
48
25
15
@
11X®
10X®
I 12X®
Cloves
do
stems
@
Pig, American, No.l
Pig, American,No.2
Pig, American, Forge
Pig, Scotch...*.
......nominal
15 X
“
15 @
“
2 40 @ 2 45
“ 36 50 © 36 75
¥1®.
3 @ ....
potash. Scotch
Bleaching powder
Brimstone,crude, in store....
Brimstone, Am. roll
B1 chro.
“
quarters
State, sliced
do quarters
Western, quarters.
16
13
11
12
13.
@
26 X
Nutmegs, Batavia and Penang
Pimento, Jamaica
18X
MOLASSES—
Irgols, refined
Peaches,
1872
6X
Batavia
16”
85 ©
15 @
12 @
V lb
5 00
20
20
26
21
24
gold
Calcutta
do
Mace
12X©
..
7X
white
do
@
@
7X»
Ginger African
16X
13X
12X
14
5 87 X
5 00
Cassia, China Lignea
IRON--
....@
17 @
27 @
....©
3
cash.
*
do
6 25
5 25 @
4 75 @
4 50 @
cur.
16
u'xa
Bavarian
....@
....©
....@
22 ©
Bolts
Sheathing, new (over 12 ozj
Braziers* (over 16 oz.)
American ingot, Lake
do
do
do
..
11
Belgian
16
15
&
5 22X@
5 27X®
0 02X@
4 87 .X®
@
gold.
Southern,
..
...
...
12 CO
@18 00
Maracaibo
Laguayra
ApmeB,
d0
18
slaught... gold
“
Calcutta, dead green
Calcutta, buffalo
*•
•
@
14XO
Native Ceylon
do
do
do
cur.
California,
7J
@
11X@
do...,
do....
do....
Texas,
L. /. stock—Calcutta
1 80
18
“
"
“
“
*•
**
do,...
do....
Bahia,
•
...
@
4 37X®
Pepper, Sumatra
do
Singapore
24
22
2 30 @
...gold.
Silesian
Domestic
SPICES—
23 X
@
@
©
@
@
©
©
@
©
©
@
17
"
“
“
Wet Salted—Hutu. Ay, selected
Para,
'
do..,,
•
•
•
'
21
18
“
•'
do....
do....
Matamoras,
•
•
13
Java.mats and bags
Shellac
Soda ash,
Maracaibo,
Bahia,
Dry Salted—Maracaibo,
.V »
Tsatlee, Nos. 1 to 4
Tsatlee, re-reeled
Taysaam, Nos. 1 & 2
Canton, re-reeled No. 1
23 X
23X@
23X@
“
“
do....
do....
they run
do....
do....
3 00
1 70
2 40
2 32X
@
SILK—
8PELTER—
&
@
©
&
English
CJFFEErtio, ord. cargoes, 6O@90
do fair,
do
Licorice paste,
•
•
15
Liverpool gas cannel
Liverpool house cannal—.
Caustic
Matam. andMex, as
00
00
00
•
15
to fine
Auction sale of Scranton,
8,000 tons grate
’5,000 tone egg
10.000 tons stove
7,000 tons chestnut
good,
prime,
00
20
20
BUTTER—(Wholesale Prices)—
Half flrkins(Eastern.)
Welsh tubs,
“
Half firkins (Western)
do
do
Orinoco,
California,
85
@ 21 00
@ 3 50
& 6 25
@
@
@
40
25
85
Lea<i,white,Am,pure, in oil
Welsh tubs
“
C REESE—
State factory, good
State dairies, tine
COAL—
30
S5
50 00 @ 60 00
100 00 @130 00
22 00 @ 26 00
Oak and ash
24
24
23
23
Dry—Buenos Ayres, selected, gold
Montevideo,
do....
“
Corrientes,
do....
**
Rio Grande,
do....
4*
00
Philadelphia.
Cement—Rosendale
Lime— Rockland, common
Rockland, finishing
Hemp, foreign
Flax, rough
Linseed,Calcutta V 56ibgold (time).
..
Italian
Manila
Sisal
Jute
ll @
^ lb.
W bush. 2 80 @
Timothv
HIDES—
3 00 & 6 00
12 00 @ 15 00
Croton
70
@
^ ton. 220 00 @280 00
....©
gold.225 00 @230 66
00 @280 00
“ 270
8X
7X@
$ib “
....©
5X
•'
4 @
5X
“
Russia, clean
ASHES—
65
...
HEMP AND JUTEAmerlcan dressed
American undressed
PRICES CURRENT.
...
SEEDClover, Western
HAY-
GBNBBAL
Pot
93
THE CHRONICLE
January 23, 1875]
.
,—
3
d.
8
d.
7-32®
2 6
25 0
©
©
35 0
ft
0
@
9
6 n
4 0
Cft
©
©
2 9
S5 0
....
....
4 « •
•
••
t
'
MM
[January 23, 1875.
THE CHRON ICLE
94
Commercial Cards
Ever
.
E.R.Mudge,Sawyer8cCo Hilmers, McGowan 8c Co
8c Co.,
ett
FOR
AGENTS
06
Street, Boston,
State
NEW YORK.
43 & 45 White Strkkt.
JAPAN.
John Dwight 8c Co.,
MANUFACTURERS OF
SUPER-CARBONATE
SODA
of
AND
S A
No.
L K HAT
US,
11 Old. Slip, New
The .(omunc Trade ONLY
8c Co.,
Canton, China
OLYPHANT A Co., of
China,
104 Wall St., New
York.
TARRED
CORDAGE,
RIGGING MADE TO ORDER.
GANGS OF
STREET
192 FRONT
Fabbri 8c
MERCHANTS,
Street, New York,
48 South
KENDALL
PREVOST
SEAMLESS BAGS,
“AWNING STRIPES.”
Also, Agents
Slates Bunting
United
CO.,
A lull
LONDON, ENGLAND,
Duane
Consignments of approved mer
3handise to the above houses.
Messrs. Prevost & Co., Iquique, are prepaicd to giv
of
Soda.
LARD
PACKED
DEALERS AND MANUFACTUREROF LARD OIL AND STEARINK.
NEW YORK.
ESTABLISHED 1841.
Smith, Baker 8c Co.,
Credits, available in the
the United States.
Make
MERCHANTS'
and Iliogo,
Japan.
REPRESENTED BT
.
W
.
COR LI E S
leading cities of Europe and
Telegraphic Transfers of money on Europe
-posit accounts received on favorable terms.
give special attention to the Investment of
money, upon mortgages on improved Real Estate in
Chicago and vicinity, giving to capitalists, availing
hemselvcs of our services, safe and profitable invest¬
I)
ments.
R. T.
Government
,
COMMISSION
BilOAD
Securities, Gold, Stocks
and
Bond*
.ught and Sold on Commission, and
I.OANH NEGOTIATED.
Grant 8c
STEEL
MANUFACTURERS’
PENS.
WAREHOUSE,
BANKERS
No.
3 3
baiai Cl
Company,
AND
WALL
BROKERS,
STREET.
TRANSACT A GENERAL BANKING BUSINESS
G I I. L O T T
John street,
SONS
New York,
HENRY 110E, Sole Agent
Sc
Macy,
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
R. Su yd am Grant.
MACY,)
DEPARTMENT
OF
LIES,
MACY
39 Nassau Street, New
&
CO.,
York.
all available points, with prompt
returns, upon favorable terms.
Orders executed for the purchase aud sale of
Governments, Gold, Stocks and Bonds.
Intere-1 allowed on deposits at the rate of four per
cent per annum subiect to check ni sight.
Collections made on
Lichtenstein,
BANKERS,
7 Broad Street,
New lork,
Draw Bills of Exchange ana Issue Letters of Liedit on all principal cities of Europe.
Open Credits on Miaughae and Yokohama
Telegraphic transfer**, mad''
Special Partner.—DEUTSCHE BANK, Berlin.
Per Cent.
12
7 to
We make a SPECIALTY of County, Cliy and Schoo
District Bonds. GUARANTEE LEGALITY of all
bonds sold, collect the coupons without charge, cr
take same as so much cash on sales. $y Send for
price list.
THE LAW
OF MUNICIPAL
BONDS
cr
just published by our senior, should be In the hand!
of all Interested in this class of securities. Two Vo!
urnes, price $10.
CO., Bankers,
17 Nassau St., New York
MERCHANT
STREET.
Accounts received and interest allowed on
which may bo checked for at sight.
9 1
Charles A.
Wilson 8c Co.,
Liberal cash advances made on consignment of
Cotton and Tobacco rn our address ; also to ourlrleno
Id Liverpool and London.
B
JOSE P H
terms.
W. N. COLER A
AND
BANKERS
4 4
Yokoham
GREENEBAUM & CO.
We
PROVISION
COMMISSION
Incorporated loans negotiated on libe.al
Travelers’and Commercial
and Califo. nia.
FOR
CLOIATES.
ALL
York,
(Corner of Wall Street.)
IsBue Bills of Exchange,
COMPANY.
dealt In at the Stock Boards
8c
BANKERS,
CHICAGO HOUSE: HENRY
JEWELL,HARRISON
bought and sold at the New
and at private sale on commis¬
Knoblauch
Greenebaum Bros.8cCo.,
Special attention to everything connected with th
purohase and shipment of
E
Street.
1 Nassau Street, New
Years.
Municipal Bonds Railroad Bonds
jy First-class
Financial.
LIVERPOOL, ENGLAND
Nitrate
iy stocks and Bonds
York Stock Exchange
CATER Sc CO.,
Advances made on
PURE
Company.
supply all Widths and Cohns always in stock
109
Days,
DAY’S NOTICE WHEN REQUIRED
Established Custom 22
Our
CO It
kinds of
“ ONTARIO”
No.
8c
n
\V. CATER, SONS Sc CO.,
Messrs. JNO. W.
UPON ONE
(Formerly of the firm ot HOWES &
FELTING DUCK, CAR COVER.
BAGGING.RAVENS DUCK, SAIL TWINES
&C.
LIMA AND IQU1QUE, PERU
Messrs. JNO.
Co.,
And all
CO.,
Sc
Made on all other
Special Sales
COTTONS AIL DUCK
VALPARAISO, CHILI.
Messrs.
Every Monday and Thursday, or
MANAGER OF THE BANKING
INC,
Sc
BONDS,
specialty with this house for many years,
Brinckerhoff, Turner
Manufacturers and Dealers
AND
STOCKS
IW~ Securities not
WORKS.
PRINT
8c
REGULAR AUCTION SALES
sion.
COTTON CANVAS,
AGENTS FOR
Messrs.
Hosiery,
Troy Manufacturing Co.,
NEW YORK.
Chauncey,
COMMISSION
Boston Duck Co.
Lowell Hosiery Co.,
ORIENTAL
jy
and other
DOMESTIC USE,
FOR EXPORT AND
Co.,
Otis Company
manufacturers of
MANILA, SISAL, JUTE Sc
Otis Company,
Rockport S. Mills,
Henry Lawrence 8c Sons,
STREET, NEW YORK.
No. 43 PINE
OF
Cordis Mills,
Warren Cotton Mills, Thorndike Co.,
Renfrew Mfg, Co.,
Palmer Mills,
Columbian Mfg.
Represented nr
Nicolay 8c Co.
Stock Auctioneers and Brokers,
PHILADELPHIA.
Co.,
Putnam Mfg.
Albert H.
FOR *
Pepperell Mfg. Co.,
Bates Mfg, Co.,
Androscoggin Mills, Laconia Co.,
Continental Mills,
Frankliu Co.,
Foochow A-
Hong Kong, Shanghai,
BOSTON
AGENTS
negotiation of Com¬
Special attention paid to the
mercial bills.
NEW YORK.
241 Chestnut street
MERCHANTS,
COMMISSION
71 & 73 Thomas street,)
and
V
117 & 119 Duane street,)
100 Summer street
York.
(P. O. BOX 2,847.)
•
Wright, Bliss 8c Fabyan,
Supplied
Olyphant
BOSTON.
15 Chauncey St.
-
PHILADELPHIA,
J, W. DAYTON, 230 CHESTNUT STREET.
of approved mcr
Advances made on consignments
cliandi/e.
Mill**,
Victory Mfg Co.
Saratoga
AND GOLD
Street, New York.
54 Wall
Ellertou New
CO.,
A
IN
FOREIGN EXCHANGE
Chicopee Mfg Co.,
HEARD
OF CHINA AND
BROKERS
Washington Mills,
Burlington Woolen Co.,
AGENTS FOh
AUGUST INK
I inancial.
Commercial Cards.
G. St. John Shefield.
Tumtfridge & Co.,
BANKERS
39 Wall
AND
BROKERS.
Street, New
York,
Buy and Sell Stocks on Margins or for Cash
negotiated at the lowest
market rates; $50 for 50 shares, $100 for
100 sliares. Thirty-two p ige explanatory p un~
PUTS and CALLS
phlet mailed on application.
J. Hickling 8c Co.,
BANKERS AND BROKERS
7 2
BROADWAY,
Buy stocks on margin and negotiate Stock Privileges
on any part of 100 shares. A 48page pamphlet ent’tie 1
‘THE ART OF SPECULATING IN WALL STREET
explalnin terms used and various method* of r,P
ng in stocks, will be sent free to any address.
@FedFRASER