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HUNTS
MERCHANTS’
^
MAGAZINE,
<!nrj*jjaircv
REPRESENTING THE INDUSTRIAL AND’ COMMERCIAL INTERESTS
OF THE UNITED STATES.
VOL. 30.
SATURDAY, JANUARY 24, 1880.
CONTENT8.
THE
Where our Currency Hae Gone
Mr. Chittenden and the
Legal
Ten der Repeal
Russia’s Concessions in the In¬
terests of Peace
.
showed the extent of these
CHRONICLE.
77
were
78
Commercial and Financial Re¬
view of Great Britain in 1879
Monetary and
Commercial
79
Commercial and Miscellaneous
News
BANKERS’ GAZETTE.
SecuriI Quotations of Stocks and Bonds
Banks,etc
.
THE
Commercial Epitome
:
Cotton
Breadstufts
|
Local Securities
I Investments, and State, City
and Corporation Finances...
85]
COMMERCIAL TIMES.
94 1 Dry Goods.
I Imports, Receipts
94
99 |
surprising to
new
82
84
thus
88
89
90
99
& Exports.. 100
Site Chronicle.
absorbed.
stated in the
It would
perhaps be
following form.
Financial Chronicle is issued every Satur¬
day morning, with the latest news up to midnight of Friday.
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t.
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OP* For a complete set of the Commercial and Financial Chroni¬
cle—July, 1865, to date—or Hunt's Merchants’ Magazine, 1839 to
18 cents.
1871, inquire at the office.
Total Jan. 1,1879
Gold import in 1879, net
Gold production in 1879
supply
In Treasury Jan. 1, 1880
In New York banks Jan.
3,1880
pressure
it is
a
market has been relieved of the
which prevailed at the opening of the new year,
our money
little remarkable that the Associated Banks have
yet made no material gain in lawful money aside from
what has been disbursed
by the Treasury. The drain to
as
the interior
time, had
during the last half of
no
return movement
1879
$213,432,586
62,818,800
$276,251,386
$80,000,000
33,000,000
20,000,000—133,000,000
:
$183,693,521
$409,251,386
61,005,600—244,699,121
Amount distributed in country
$164,552,265
These
figures have excited astonishment. ..But the
they cover seems very simple if we interpret
it with the help of a few other facts.
And, first of all,
it is necessary to remember that the
holdings of cur¬
rency were not naturally distributed at the beginning of
movement
the year 1879. There had been
years of great commer¬
cial depression, and
during the last two o£them, while
enterprise
wholly stagnant, the Treasury had been,
accumulating a large specie balance for resumption pur¬
poses, and also had increased its currency
holdings, by
reason of its
funding operations, <fcc. If we compare
the Treasury statement,
in these particulars, of January
was
1879, with similar statements issued the first of previous
years, we find a very different condition
prevailing.
January 1.
WHERE OUR CURRENCY HAS GONE.
Although
more apparent
Lawful money—
*
In the Treasury Jan. 1,1879, exclusive
of silver
Iu New York banks Jan. 1. 1879
Total
and
Six Months
Animal subscription
Six mos.
do
The figures
one not
Bank-note expansion in 1879
The Commercial
supplies.
familiar with the matter,
indicating a total, without counting silver and silver cer¬
tificates, of over 160 million dollars which have been
80
English News
THE
Money Market, U. S.
ties, Railway Stocks, Foreign
Exchange, New York City
NO. 761.
1879.
1878.
'
'
1877.,
.
Amount in Treasury—
Gold
Currency.
Currency lield
for redemption of
fractional currency.
National Bank Notes
135*4
139*5
59*5
5*5
10*0
8*5
10*0
213*4
155*0
r
1876.
/■■■•
96*5
.9*5
*
79*8
11*1
»
106 0
90*9
has,
This shows an extraction from commerce of lawful
up to this
except in a very limited money of about 125
millions, from January, 1876, fo Jan¬
In fact, notwithstanding the large Government uary,
1879, or nearly 60 millions in 1878. During the
disbursements, our city banks only reported of specie same years bank
currency decreased, being voluntarilyand legal tenders 69£ millions last
Saturday, which was retired, until, against 340 millions outstanding in
1874,
just about the total reported the 29th of November. there w6re
only
about
millions
in
300
circulation
at the
There has been this see-saw between the Government
close of 1878 ; and
further, legal tenders were with¬
and the New York city banks all
the way through; and drawn to over 20 millions. These transfers and
with¬
if we could
present a monthly statement, made on the drawals all took
place during a period of great depres¬
same day of
each of the twelve months, of these two sion and
very low prices.
currency reservoirs this peculiarity would be very
clearly
Suddenly the whole commercial aspect changed. Bush
indicated.
ness revived
everywhere; the exchanges assumed a con¬
While, however, this is true, the general result has dition of unusual
activity; prices of every kind rose.
been that the Government balance has
largely decreased, At such a time of activity the medium of
exchange must
and that the whole of this
difference, together with the always to an increasing extent go out of
sight. It is
year’s net import and production of gold, has found lodg¬
passing from hand to hand, from bank to bank, from
ment outside of New York
city. Two weeks since we one depository to another. The.
operation is not very
way.
,
'
*
THE
78
-dissimilar to
.
CHRONICLE.
tender act itself—“
the height of its movement—no
visible supply table can then take in all the unmarketed
receipts. So to-day much of the lawful money that has
.gone out of sight is simply out of sight because it has
-double or triple work to do. kEvery district of the coun¬
try is using new supplies in this way.
Then again, the prevailing speculations in the West
are retaining funds which ordinarily flow back to the East.
Crops which have usually gone into consumption at this
time, are now to a large extent being carried by banks,
and with increased loans, increased reserves are retained,
When we last wrote on this subject we did not have the
Since then the Comptroller has
.returns to show this.
completed his bank figures for December 12, and
they give a total reserve of 14millions, against about
134J on the 14th of June, the increase—ten millions—
being all outside of New York City. The significance
of these large reserves is understood when we remember
that previous years’ returns show from ten to twenty
a
crop at
millions decrease in the
reserves
[vol. xxx
an
act to
authorize the issue of United
States notes and for the
redemption or funding thereof,
and for funding the floating debt of the United States”—
shows, what is proved by the entire debate on the
measure, that the provision for retirement by funding
into bonds was an integral part of the plan, without
which it could not have passed Congress. This stood
for one year only, when the drifting had already pro¬
gressed so far that the funding stipulation was abro¬
gated. The distance between the position of 1862 and
that of 1878 is so vast, that the looking back over the
successive steps of descent hardly exhibits it, so easy
and imperceptible are all, after the first, into the finan¬
cial Avernus. The issues once begun, successive issues
became easier; restrictions are abandoned, provision and
thought of redemption become less and less, until at last
the very idea of return is hated and denounced. Con¬
gress consented to legal-tenders originally, under the
severest war exigency, with far more hesitation and
unfeigned reluctance than the last Congress felt in
forbidding real payment of the notes (that is, withdrawal
of them) in time of peace.
What was issued, accepted,
and universally understood, as debt, in the form of
temporary due bills to be paid as soon as the troubles
were over, has since become, by the subtle workings
of
custom and the inherent vice of paper money dissociated
from gold, in the minds of many, good money. The
proposition to pay, remove, and destroy this debt
actually seems, to not a few, a process analagous or
equivalent to desiring to destroy so much veritable
capital.
However, the past is historical now, and we had in
mind only some observations suggested by Mr. Chitten¬
den’s outspoken declarations concerning the interests of
the respective sections of the country in the settlement
of this matter.
It is perfectly natural to argue that
what is desired by our enemies and will help them must
be hurtful to ourselves; and in a spirit of sectionalism
and a mistaken idea of antagonism of interests, both of
which we have often opposed and deplored, the East is
regarded by the West as financially an enemy, or, at
least, as on the other side. During all the silver crusade,
some of the loudest-spoken Western orators and news¬
papers have had much to say about the gold-bugs and
goldites of the East, their idea of the position being
of the banks between
£he reports of June and December.
This year the
usual wants for the farming community have been sup¬
plied and the remainder gone into bank. Probably State
savings banks would show a similar condition if we
had the returns ; so that it seems reasonable to conclude
that, although New York banks have not increased
their reserves, a very large portion out of the total new
supplies of currency can be traced to the moneyed
and
institutions of the interior.
There is still another way in which money has been
absorbed this year, growing out of the fact that producers
everywhere have received high prices for their products,
and have made large profits. Of course, in well-settled
countries, these profits would go into bank to a large
tent.
But throughout the South there are few banks ;
and in the remote West, where new lands have
been opened up for wheat culture by the transfers
of
population since the panic, no banks exist
as yet.
Either gold, silver or currency must, therefore,
have gone into these sections, and as a very considerable
and unusual profit was secured, a part will be retained
until it comes out to pay for summer supplies. Letters
from some of our correspondents in the South advise us
of just this state of things, and it does not require any
special information to enable one te see that a like con¬
dition must exist, as we have stated, in the remoter
sections of the West. In fact, all over the planting
■districts, very many producers are probably retaining a
.share of their profits at their homes for future use.
,
like this
“
:
“The East
intrinsically than
“and
cares
no
more
we do, but it
stand the pressure; so
is
*
for sound money
a
creditor section
it wants the dearest
dollar, that it may devour us.” Now it is of very
great importance to have this mistake set right, for
MR. CHITTENDEN AND THE LEGAL TENDER there is
probably no doubt that out of it has come much c
REPEAL.
of the strength of inflation and silver-dollar ideas.
The
<•
It is already apparent that the attempts in Congress miscalled conservative cry which protests against touch¬
to cry “hush!” about the legal-tender question are
ing the subject at all really means, says Mr. Chittenden
entirely futile ; the subject has been overslaughed long correctly, “ Gold for New York and irredeemable paper
enough, and it will not “down” at the whisper of those
for the South and West.” Not that those who raise the
who are neither for nor against it. In the Senate, the
cry necessarily intend or foresee this, but that such will
discussion has already begun, and in the last two days be the result of too long yielding to the demand for
we
have had the inflation side presented by two delay. This will follow, not only because the East has
Southern Senators,^who, we are sorry to see, do not the
stronger preference for gold, but because the com¬
learn anything by experience.
In the House Mr. mercial centres will be forced to deal on the gold basis
Chittenden—whose merit as a speaker is that he is
by the fact of their being such. As London is the com¬
always silent unless he has really something to say and mercial centre of the world, New York is the centre of
that then he bears directly upon the issue, without any this continent; and New York may use a paper cur¬
timorousness of speech—attacked vigorously the con¬
rency with the rest of the country, but New York must
tinuance of legal-tender /while talking on the Buckner deal by
the world’s standard when settlements are
bank-reserve bill.
No extended review of the war legis¬ made. In fact, so must the whole country. The com¬
lation is needed to justify all that he said concerning the mercial world will not come to our peculiar
money; we
retrogression on this subject. The title of the legal must go to theirs.
“
“
i
can
■5
January 24,
1880.]
THE CHRONICLE.
Not less true is it that
really
agriculturalists, West
or
South,
interested in sound money than even the
Eastern “ goldites.” Our
currency is not a hindrance to
prosperity, to-day, save in the uncertainty whether its
permanent par with gold is to be secured ; but this is
while that currency is at the best estate
possible to
it so long as its
legal-tender quality is retained. .We
are on the
gold basis now, only we are disturbed by
the menacing uncertainties
inseparable from the visible
tendencies towards financial
retrogression. Let that
basis be anew
departed from, and all the old train of
are
more
evils will return with increased force.
make laws for the
a
fulfill the law of
ist every time he
Congress
cannot
world, and depreciated currency will
its being by
cheating the agricultural¬
buys or sells. As concerns the great
staples which make the bulk of our exports, the East is
but the factor and forwarder—the West
and South
the producers, and,
are
79
ant
piece of intelligence which, in s^me
months, haa^
sent across the Atlantic.
It is good news for
Europe and for the world generally. Rightly or
wrongly,.
Russia has
been
been looked on as the
grand obstructer of theworld’s peace. With the settlement
of the Eastern
question it is well known that she is but ill satisfied^.
She fought the
fight ; but Austria has reaped the re¬
ward. A collision with Austria
would have had the
effect of
test
bringing Germany into the field
;
and the
con¬
begun, it would be next to impossible for
either France or
Italy to keep out of the fray. Italy
once
seeks to be mistress of the Trentino
; and France long^
for the
recovery of Alsace and Lorraine. It is fearful
to contemplate such a
combination of forces. If Aus¬
tria and
Germany would be found side
by side, Russia
would find able and effective
assistance from both
and France.
It was the
Italy~
certainty of some such com¬
importance to the conduct of Russia,
therefore, (would that they could only bination that gave
be made to see
it) the intimacy of economic connec¬ in massing her
troops on her western borders. It is be¬
tions between them and the commercial
world is pecu¬ cause such a combination is
all but inevitable, that
any¬
liarly great. Why cannot the South understand that the
thing
which
has the appearance of a cause of war is
old dream of direct trade with
England can best be viewed with genuine alarm. There are now
many signs
realized, if at ail, through conformity to the world’s that
peace only is necessary to secure for the
nations,,
money standard, and that the worst hindrance to her one and
a protracted season
all,
needed inflow of
pros¬
industry and capital is uncertainty ? perity. The wars which have occurred
And why should the West doubt that the
during the last
gold standard twenty-five years have had a most
injurious effect on all
will most
safely and effectively develop her yet only kinds of trade and
industry. Men’s minds, however, are
half-exhibited resources ?
Events are showing
that beginning to recover themselves.
Energy and
instead of this country’s
having nothing “ to do with long restrained, are impatient to be free. If enterprise,
war should
abroad,” it is to have a larger and more commanding break
all
out,
this
hopeful promise would be sacrificed.
share in international
trade, and Mr. Chittenden is It is to the credit of the
probably right in saying that it will control the gold come forward at this Emperor of Russia that he has
critical moment and
markets if legislation
given the
permits. That is to say, this world assurance of his
intentions.
peaceful
It
will have
country is so much the best placed as respects
a
foreign
influence
in
great
restoring confidence^ and with the
trade that,
according to the present outlook, only our restoration of confidence
we
may, as we said, look for
own
folly can deprive us of the advantages of position. revived
prosperity.
There has been no time in our
history when our interest
We are the more
disposed to magnify the concessions
in sound and stable finance was so
great or our /com¬ which Russia has made to
Germany and Austria, since
mercial opportunities so extended as now.
Even the Lon¬ cause of
quarrel,
such
as
would
lead to a general
don Times has
contest,
very recently admitted that this
is
not
country
likely to arise in any other quarter. There is, as
can
virtually control the course of gold, and, a
year we hinted at the outset, no lack of unsettled
questions.
ago, stated that only its currency
complications hinder The Irredenta party in Italy are no doubt
sincere
and
the coming of a new era of
prosperity.
earnest in their desire to include
in the
kingdom the
entire territory of the ancient
of
RUSSIA'S CONCESSIONS IN THE
republic
Venice; but
INTERESTS the Italian
government
will
not rashly attack Austria
OF PEACE.
for a doubtful result. France
does not conceal her
For some months
past it has seemed as if Europe were desire to
recover Alsace and Lorraine
in danger of
; but the govern¬
being plunged into another general and ment and
people
of
France
will
not
run the risk of
destructive war. There were
many causes at work, all another war with
of them
Germany single-handed, even for ths
pointing to the common result. There was bad sake of the
much-coveted
blood between
Italy and Austria ; and ill feeling be¬ told, has set her heart on provinces. Germany, we arecertain portions of
tween Russia on the one hand and
Poland; but
Germany
and Austria such a cause is but little
on the other, was
likely
to
bring
the
two great
finding frequent and most
oPlitflxampled
.
unmistakable empires into collision.
very general belief that the Russian
These questions might demand solution
in the event
government was not unwilling to run all the
risks of a general war
of war—if
arising from some other cause. Of
by that means it could occupy public atten¬
themselves, however, they are not sufficient to be indr
tion, and divert the minds of the people from
questions
vidually causes for disturbing the peace of
of a domestic character—for
Europe*
troops were being concen¬ The one quarter where
trated on the confines of
danger was supposed to exist was
Germany and Austria, and the Russia. Russia,
however, is no longer to be dreaded.
Polish fortresses were
being repaired and garrisoned. Her
policy is peace. She not only proclaims her peace¬
So menacing, in
truth, had become the
expression. It
was a
attitude of that
ful
intentions; she expresses her willingness to remove
government, that both Austria and
Germany deemed it the cause of offence. Such a spirit
widely disseminated
necessary to demand explanations. Russia has been
would bring with it untold
blessings. It remains to be
prompt to respond ; and her reply is of the most satis¬
seen whether as the result
of this new attitude of Rus¬
factory and reassuring kind. She is
willing to with¬ sia, it may not be found possible to make
draw her troops from the
arrangements
frontiers, if their presence for a general and simultaneous
disarmament. Whatever
there is deemed
likely, by the Powers above named, to be the final
result, we must accept it as a cause for
disturb friendly relations.
gratitude that the peace of Europe is for the
We are. disposed to
present
regard this as the most import¬ secured.
^
80
THE CHRONICLE.
COMMERCIAL AND FINANCIAL
REVIEW
01
GREAT BRITAIN IN 1870.
In
spite of a bad harvest in the country and an impoverished
agricultural community, the year 1879 has not been devoid
of some encouraging features, and it will be remembered as
one in which a long period of depression reached its final
stage,
and commerce assumed renewed activity, with brighter hopes
prevailing for its future. In the earlier months, every depart¬
ment of business was reduced to very narrow limits, and the
oomplaints were general that both our home and foreign trade
had become small and unprofitable. Throughout the manufac¬
turing districts numerous mills ceased running, as the hope of
improvement seemed as remote as ever. There can be no doubt
of the fact that, during the first six months of the year, the
mercantile public wras greatly discouraged and disheartened. In
every direction heavy losses had been sustained, and a large
portion of the operative classes were out of work, with very
little hope of being again speedily employed. In fact, it wras
found not only necessary to diminish the number of hands
^employed, but equally necessary to reduce wages, until in many
instances they were at quite their minimum point. The country
had, however, been indulging in the hope that after three or
four bad seasons the harvest would be satisfactory, and that an
improved condition of the agricultural classes would give a
afresh impetus to business. But the harvest proved the most
disappointing of the series, and all sanguine anticipations about
the future were given up. A remarkably wet and unpropitious
summer crushed the farmers’ hopes, causing more
distress
amongst the agricultural classes than has existed for many
years past. These losses also materially diminished the pur¬
chasing power of the country, thus apparently greatly restricting
[VOL. XXX.
conducted with greater confidence, and we believe with more
remunerative results. The distress among all the
agricultural
classes is very great, and as we are now in mid-winter it cannot
be very
sensibly alleviated. A bounteous harvest wTould help
greatly, but the losses the farmers have sustained
cannot be replaced in one season, however
good it may be. A
succession of good crops will alone make the agricultural classes
prosperous and biing about an increase in our domestic trade,
the want of which has for a long time
past adversely affected
our
manufacturing districts. Fortunately for the country at
large, most descriptions of food have been cheap, and the cost
of living has been as low as we can ever
expect it to be. Bread,
in spite of a bad harvest—the worst
possibly on record—has
been kept at a very moderate point, owing to the
large quan¬
tities of wheat and flour sent us from the United States, while
groceries and provisions have also been very cheap.
The
heaviest item in necessary domestic expenditure has been the
charge for butcher’s meat, which (though cheaper at wholesale)
has been unpurchasable by the consumer,
except at the high
prices established a year or two ago.
Heavy losses and diminished incomes have also had the
effect, which is both desirable and beneficial, of enforcing a
greater degree of economy throughout the country. Hence,
the country
those who deal in luxuries have found their trade much
cur¬
tailed, and no doubt a certain amount of capital has accumu¬
lated, which is likely to be devoted to more reproductive pur¬
poses than in the manufacture of jewelry or the consumption
of wine. It is probable, also, that the people of this
country,
finding that economy is profitable, will be slow to depart from
the habit they have acquired, and though the income of the
country may be less, there is, on the other hand, a smaller ex¬
penditure and a considerable surplus remaining. That surplus
our home trade.
must find, sooner or later, profitable employment, and
judging
"When, however, discouragement and depression seemed to be from the success which has attended the last New Zealand loan,
most intense, relief began to appear, growing out of the revival much of it will assist in developing the valuable colonies the
of trade in America. Abundant crops of cereals at a time when country possesses.
Just as, therefore, the foreign loans a few
Europe was badly deficient have been, as we understand it, the years ago gave an impetus to our trade, so now, colonial loans,
main cause of the improvement; for a ready market has been the proceeds of which are chiefly spent here in purchases of
found for all the produce grown, and latterly at very remunera¬ material for the construction of docks, wharves, railroads, &c.,
tive prices. The wealth acquired, or purchasing power obtained, will create a demand for our manufactures and prove a
great
by these large exports of grain has led to a better demand for benefit to the country. The colonial loans will be a safe invest¬
British manufactures, though in consequence of the dearness ment ; for, though our colonies have been borrowing freely of
of money in New York, America has drawn large supplies of late, some control is exercised over the finances, which was not
gold both from London and Paris. In addition to the advan¬ the case with those foreign countries which have borrowed of
tages derived from an augmented American trade, there has us in previous years and whose governments are in default.
also been a better feeling in our Eastern trade. The rise in the
The effect of the bad harvest has been to increase the price
price of all East India products has largely contributed to this, of bread to the extent of about l^d. the 41b. loaf. When,
and an improved political situation has also had a beneficial however, it is borne in mind how deficient was the crop, both in
influence. When, however, we have touched upon the improved quality and bulk, and also that the potato crop was in many
American and Indian trade, we fear that the encouraging fea¬ localities a failure, the advance cannot be regarded as calcu¬
tures disappear, as our trade with the rest of the world has lated to produce much distress, except amongst the very poor.
been altogether wanting in buoyancy and activity. Many of America has contributed very largely to our requirements,
the purchases made on American 'account were at very low having, with Canada, in the first three months of the season sent
prices, but now that a marked advance has taken place us 14,000,000 cwt. of wheat, out of a total import of 19,400,000
business is conducted with less caution. It is nevertheless a cwt.; while of flour the receipts from those countries have been
satisfactory feature that the importations of gold into the 2,200,000 cwt., out of a total importation of 3,115,500 cwt.
The grain trade of America has become one of the wonders
United States and the increased wants of the people, usually
coincident with renewed prosperity, have caused the value of of the age ; supply seems almost inexhaustible, and it is gen¬
most manufactured articles to advance, and it is believed that erally believed here that as wheat is now selling at a
price
our merchants can now sell goods in New York at a moderate
remunerative to the American and Canadian farmer, there will
be during this season a further increase in the cultivation. It
profit, notwithstanding the high tariff.
The demand for money throughout the year has been on a is quite probable that in the event of the harvests in
Europe
very moderate scale. Mercantile bills have been scarce, and for again becoming abundant, the price of wheat will again fall to
a long period the Bank rate was at 2 per cent.
But even these a very low point. But although consumers are not feeling
low quotations failed to indicate the extreme ease of money, as acutely the poverty of the harvest, yet farmers are
undergoing
in the open market the rate has been below 1 per cent. Even an amount of anxiety unknown for many years. Not only their
since the Bank rate has been raised to 3 per cent, the mercan¬ wheat but their spring corn is of a quality so poor that millers
tile demand for money has been exceedingly moderate, the and others are unwilling to purchase it except at a very low price,
open market having failed to kfollow the movement. Money so that while good foreign wheat has risen in value little short
has, in fact, been increased in value, chiefly by the gold move¬ of 20s. per quarter, the average price of home-grown produce
ments, which dnring the last three months have been very con¬ has not been higher than 50s. 5d per quarter. The few parcels
siderable. As far as the improvement in trade is concerned, it of sound English wheat which arrive at market are readily
is more than probable that the absorption of our goods by taken at high prices, but the proportion is so small that the
American buyers has tended to promote ease, by enabling our average is forced down to a very low point. The realizations of
manufacturers to convert their goods into cash, and by that our farmers this season are deplorably small. The deliveries
means to place them in a more independent position.
Undoubt¬ of English wheat at the principal markets of the kingdom show
edly if the improvement in trade be followed up, a better a falling off of about 50 per cent, and the increase in the price
demand for money will arise. It is idle to expect that from is no more tban 7s. per quarter. But/ as we have said before,
years of depression and losses we are suddenly to become pros¬ the decline is not only in wheat, but it is also in spring corn,
perous and rich. It is satisfactory to notice that wre are making potatoes, roots, hops and fruit.
Those railway • companies
steady progress towards recovery, and that business is being which run through the leading agricultural countries complain
January
24, 1680/J
THE CHRONICLE.
greatly of the scarcity of traffic from agricultural sources, but
the London & Northwestern Company is understood to have
benefited greatly from the traffic in
foreign grain, so much of
which is landed at Liverpool.
During the first half of the year it was a noticeable fact that
the prices of commodities were not
only low, but were very
considerably below the average. Iron, tin, copper, lead, wool,
and many other articles were very
cheap, and yet so great was
the want of confidence that
very few were bold enough to specu¬
late. The first impetus to our
trade, as we have stated above,
from the United States. Rather extensive orders
secured from that
country f.or railroad and other
came
iron, and when the start was once made a very general desire
to operate manifested itself.
The articles enumerated above
speedily advanced in price, and the markets for grocery produce
also became much firmer.
BULLION HELD BY FOREIGN
The
following
.
following table will show the returns of - the Bank of
England for each week in the year. The item of “ Coin and
bullion in both departments” shows a marked
difference from
the
same
and
rose
BANKS.
France.'
Week ended.
Germany.
£
Jan.
8
15
80,876
80,427
80,844
80,626
22
29
Feb. 5
12..
Mch.
81,311
.
7
14
21
87,192
87,872
88,370
88,498
28
June 4....
11
18
25
88,445
89,158
2
9
16
23
30
88,892
88,615
6
89.082
13
20
27
89,194
89,325
89,264
88,030
86,565
83.955
82,689
82,190
81,344
80.458
19
79,836
27..
3
79,100
79,249
10
78,854
79,161,
17
24
79,641
In bullion
26,177
26,685
26,829
27,028
27,448
28,139
27,309
i
4,198
4
4
4
4
4
4
4
4
4
3
3
3 792
26,785
3
3
3
27,254
27,156
3
3
27,298
3
3
3
3
27,451
27,761
27,634
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
3
3
3
4*2
3
26,889
o
85,418
81,098
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
2
2
85,387
84,597
£
23,605
23,697
24,379
24,202
25,323
o
89,456
3.
3
o
89,927
90,030
88,899
10
17
24
Oct.
1
8
15
22
29
Nov. 5
12
Dec.
.
82,464
82,666
83,096
83,731
84,494
84,790
81,665
85,037
85,957
86,345
86,870
23
30
Sept.
.
27
5
12
19
26
9
Aug.
.
82,359
16..;..,
July
.
19
April 2
May
£
27i809
3
27,772
27,884
27,304
26,911
3
3
3
3
3
3
3
3
4
4
4
4
4
4
4
4
4
27,162
27,333
27,524
27,438
27.411
27,511
27,229
27,194
26,668
26,428
25.167
24,465
24,528
25.171
25,345
26,003
26,200
26,785
26.817
27,722
27,934
27,402
4*2
4*2
4j2
4*2
4*2
4Lj
4*2
412
4*2
4*2
41e
412'5>514
4122'512
3,468
3,107
4
4
4
3,726
Week
3,612
3,580
3,292
3,390
3,462
4
Jan.
8
Feb.
3,752
3,760
3,750
3,800
3,756
3,860
3,934
3,978
3,994
4,002
6
6
3
3
3
3
3
3
4
3*2®5
3*2®5
3*2 ©412
312©412
312®412
3,986
3,920
3,924
3.910
3,926
3,936
3,950
3,976
3,988
4,004
4,030
4,514
5,276
5,536
5,936
6,764
8,598
10,002
10,812
10.954
10,814
10,168
6
@7
©7
©5
©4
©4
©4
@4
©4
©4
4
4
5
5
6
6
6
6
6
6
6
7
7
6
5
4
4
©5
;.
....
....
5....
12
19
26
Mar.
5
12
19
26
....
....
....
....
....
....
....
2
9
16
23
30
May
....
....
....
7
Juno
14
21
....
28
....
....
4
11
....
....
18
25
July
....
....
2
....
9
16
23
....
....
....
30....
Aug.
6
13
20
'©6
412©512
....
....
27....
Sept.
3
10
17
24
Oct.
....
....
....
1....
8
15
22
29
Nov.
....
....
....
....
5....
12
19
26
Dec.
3
10
17
24
31
....
....
....
.i..
....
....
....
....
33,516,864
32,441,616
31,759,993
30,704,675
30,136,861
29,648,706
29,629,286
27,107,965
28.755,221
29,124,794
29,638,135
30,162,028
29,091,032
29,363,350
29,656,031 J
29,749,512
29,651,516
29,328,822
29,137,787
29.649.125
29,181,563
28,938,713
29,155,997
29,829,964
29.794.126
29,673,298
4,378,466
4,453,353
5.521.668
29,106,076
28,829,366
5,531,819
4.876,922
28,248,569
4,613.236
28,667,817
28,874,394
28,003,275
29,278,171
29,093,255
29,195,023
28,878,896
28,571,156
28,869,100
28,523,916
5,382,932
5,601,485
6,003,043
5,479,526
5.898.985
5,077,552
4,936,633
4,898,500
4,170,769
3,114,197
3,359,822
28,123,341
27,635,295
3.140.668
29,941,332
27,391,113
2,755,629
3,645,438
4,411,116
27,062,807
27,711,775
5.196.209
8.029,128
27,367,782
©6
©7
©7
©7
©7
©7
©7
©7
©8
©8
©7
©6
©6
,
[COO’s
Week
•
omitted—thus, 80,546
end’g
1879.
1878.
Jan. 8
15
89,546
97,702
92,476
77,383
111,116
76,825
100,834
111,620
90,834
77,208
22
29
Feb. 5
12
19
103,064
26
71,526
Mar. 5 125,013
12
77,560
19 102,31S
20
75,425
Apr. 2 103,659
9
99,709
16
61,680
23 109,587
30 104,7 >4
May 7
14
21
.
arc
Week
Other
of
ending—
Securities.
Notes and
Coin. '
Jan.
8
15.*....
22
29
Feb.
5
12
*■
....
....
....
96,518
84,262
109,059
28
77,938
June4 103,248
11
81,489
18 104,696
25
80,204
115,022
86,085
117,433
85,923
133,921
90,026
111,622
80,947
116,775
97,202
109.487
65,088
101,396
93,898
86,828
106,180
75,873
116,883
79,978
120,392
83,194
Week
1877.
ending
96,200
....
19....
26
©6
©6
9
91,064
103,786
102,434
95,474
98,101
16
23
30
Aug. 6
13
20
27
102,235
102,265
112,727
78,966
110.461
95,479
108,773
84,037
79,810
106,768
84,092
106,134
81,800
1879.
93,603
104,999
83,825
73,682
102,473
78,752
95,547
68,415
Sept.3 102,809
10
74,407
17
94,602
24
69,752
Oct. 1 102,290
8
86,531
15 103,031
22
88,600
29
80,782
Nov. 5 121,185
12
85.214
19 115,967
26
77,410
Dec. 3 123,564
10
86,416
.
17
122,322
24
96 084
1878.
131,379
101,805
123,727
81,946
108,672
95,28*
8 >,136
110,861
74,061
119,122
77,713
97,952
71,120
106,662
15,449,031
28.316.749
30,650,512
14,$06,801
32,392.567
15,539.838
14,906,801
31,824,554
14,906,801
14.906.801
14.906.801
31,417,508
30,401,698
29,498,741
14,675,257
29,314,143
•
14.675.257
14.675.257
14,678,635
14,678,635
14,678,635
14,678,635
14.480,146
16,780,050
16.749.642
16.749.642
16,749,642
16.802.193
16.802.194
16,330,087
28.281,999
27,716,936
27,866,791:
28.834,574
23,584,374
29,957,815
32,831,860
33,511,228
33,453,175'
33,293,487
32,362,280
31,290,320
31,058,180
31,080,385
30,671,722
31,139,088
15,930,087
15,530.087
16,337,306
16.336.224
16,336,224
16,832,592
19.570.528
19.370.528
31,550,540
31,479,076
31,088,807
33.504,437
33,676,097
32,862,392
31,932,439
19.170.528
19,070,528
18.570.528
18.140.587
31,684,969
31,939,556
31,490,120
31,087,300
29,965,269
28,627,365
29,112.561
17.790.587
17.290.587
16,348,678
15,649,450
15.843.584
35.843.584
16,587,684
28,045,331
29.969.749
Coin and
pse
Bullion in both
Departments.
£
£
28,648,687
29,183,380
29,709,887
30,005,694
12,849,909
13,947,891
15,636,628
17,005,797
17,756,467
24,042,582
....
18,280,613
19,301,752
20,073,685
20,216,055
....
19,265,710
18,662,199
19,<91,514
19,738,155
19,322,992
19,244,571
19,046,477
19,123,012
19,400,278
18,811,705
19,620,047
....
....
....
....
....
....
20,612,648
21,251,650
....
....
.
....
....
....
....
....
....
....
....
....
....
24
Oft.371
31
....
....
....
....
....
....
....
....
17
•
20,749,404
20,768,887
21,137,927
21,132,965
21,372,218
20,708,228
21,156,688
21,550,944
21,305,510
20,701,564
21,470,335
22,124,165
22,374,587
20,845,958
20,326,069
19,591,042
18,733,664
17,832,143
16,662,850
16,122,675
16,161,252
16,065,004
15,143,598
15,550,654
....
19,648,555
15,940,775
....
20,299,840
15,189,767
....
24.295.548
14.967,327
© .a
©
10,609,142
11,517,178
....
88,356
102,827
81,414
91,401
79,695
74,803
97,684
73,196
105,829
76,220 100,074
97,535
92,218
65.958
15,449,031
28,349,147
£
....
.
July 2 115,564
106,152
89,277
101,307
78,152
89,546,000.]
28,366,650
28,388,340
26,760,071
25,150,812
26,371,438
24,644,899
23,988,089
11,466.447
14.688.528
14,936,606
14,931,878
.
©r:
in
....
means
2^,710,062
29,355,754
-
Reserve
....
BANKERS’ CLEARING-HOUSE RETURN.
The following table shows the returns of the
Bankers’
House in London, for each week of the
year ’879 :
14,072,591.
14,688,528
2^,871,136
©5
©6
....
LONDON
7,700,652
5.576.209
7,946,124
7,279,300
4,814,810
£
18.220.223
18.942.974
17,092,974
15.717.974
15,441,047
28,505,430
6,977,579
7,217,639
7,536,005
4,049,549
4,027,132
29,639,355
29,637,121
29,990,982
29,589,451
....
totals, 000 omitted.
5,915,039
7,431,561
7.511,766*
8,086,324
8,893,980
9,720,720
10,770,492
10,971,892
10,643,302
7.053,820
6,545,999
6.599.984
6,650,240
7,559,796
Securities.
32,544,519
32,337,093
32,599,418
31,028,47629,025,368
4.409,889
3,972,478
3,805,920
8,022,108
Government
£
4,746,109
32,953.937
23,150,931
22.766,474
Mar. 5....
23,719,030
12
22,540,444
©6
19
22,370,142
©6
26
22,377,588
©6
April 2
22,999,699
9
22,159,108
16
22,334,573
23
22,377,047
30
21,805,329
7
21,233,785
Clearing May 14....
20,972,066
21
21,020,626
28
20,190,996
June 4
19,696,233
11
19,200,556
18....
19,075,667
1877.
25
18,523,864
July 2
20,024,691
9
125,782
18,268,240
16
96,781
17,916,344
23
115,463
17,852,272
30
81,700
17,759,826
103,895 Aug. 6
17,469,385
85.557
13
17,138,716
20
97,909
16,962,882
84,046
27
16,932,400
80,730 Sept. 3
17,612,317
10
116,391
17,284,718
77,868
17....
17,248,167
24
99,583
17,326,317
1
71,517 Oct.
17,451,499
8
109,400
17,432,864
15
93,187
17,771,748
22
115,364
17,875,855
29
84,478
17,863,353
103,601 Nov. 5
18,587,871
12
94,893
18,759,624
19
102,377
18,891,818
26
97,342
18,837,535
81.384
Dec.
3
19,169,934
109.932
10
19,009,746
5
5
5
5
5
5
Other
Deposits.
£
33,308,182
15
22
29
312 5'4:i2
5
Public
Deposits.
£
©5
312©412
312©412
3,760
3,690
3,672
3,740
3,776
3,646
3,704
©5
Circulation.
ending—
312©4
......
•
©5
'ebb
to
December 31.
American.
Stock of Disoount Stock of
Discount Stock of Discount
bullion. Rate, p.e- bullion.
Rate.p.C: bullion. Rate, p.e.
item in 1878. 4 On
July 3, 1878, this was £22,003,000,
£24,753,000 by December 25. In 1879, it. was
£33,202,070 on July 4, and declined from that to
£27,601,562 on
the stocks of bullion held during the year
by the Bank of France, the Bank of Germany and the New
York Associated Banks,
April
together with the rates of discount :
are
BANK OF ENGLAND RETURNS.
The
were
descriptions of
81
30,404,361
31,063,358
31,863,922
32,140,932
32,614,553
33,138,637
23,572,080
34,096,045
33,893,845
33,490,659
33,516,239
33,770,805
33,695,647
33,678,000
33,414,852
33,183,007
33,278,018
33,202,070
33,522.427
34,250,608
35,143,525
35,286,269
35,248,657
.35,446,067
35,420,820
35,694,093
35,568,023
35,403,618
35,379,724
34.848,355
34,658,084
34,836,050
35,220,075
35,100,527
34,834,873
34,094,924
33,430,802
32,257,864
—
Bank
Rate.
©
© ©5
c+j **
28-25
30-68
31*10
36-58
39-50
43-L1
46-38
47-91
47-42
50-32
50-93
51-10
48*98
49-06
49*41
50-19
50-39
51-05
51-47
51-52
53*0652-93
54-73
£6-14
57-76
55-28
54-71
55-76
55-80
56-26
55-89
56 98
58*45
58-78
58*18
58-30
5913
5925
56*56
5116
5007
4910
48*02
31,097,433
30,188,596
46*03
29,302,325
28,922,002
45*54
4590
28,371,! 19
27,733,246
27,609,604
27,702,350
27,424,692
45-97
47-68
47-12
44-78
27.601 .*«2
39-1 fv
5
4
4
3
3
3
3
3
3
2 *2
2*2
212
2*a
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
3
46-49
•
3
S2
THE CHRONICLE.
[VOL. XXX.
IpXouctavg! ©ommcrctaX Utiglish fleurs
learning and for three
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
conscription is only the
sign of a deeper-seated evil. The Continent, for the most part,
is given over to great military empires, and
militaryism cannot
co-exist with industry on a great scale. One must
destroy the
other. Do you think that emperors, and grand
dukes, and
archdukes, field-marshals, and tremendous personages of that
sort, really want the manufacturing industries of their empires
to be developed ? Do you suppose it would suit them to nave
to do with an intelligent, keen-witted, critical, and well-to-do
population, such as our northern towns in England contain ?
Depend upon it they are not such fools. They know their
business better. What they want is something quite different—
a peasantry
hungry enough at home to find the ordinary life of
a private soldier rather
agreeable than otherwise, and submis¬
sive enough to be readv to shoot their own brothers, if
ordered,
without asking why. !No, gentlemen, each nation must lead its
own life, and
military empires will never be industrial rivals.
They may injure you by being bad customers, but they will not
EXCHANGE AT LONDON—
January 7.
On-
Time.
.Amsterdam
-Amsterdam.
Paris
Paris
.
Short.
12-1
3
12-3q ft 12-33*
mos.
Short.
3 mos.
Antwerp
.Berlin
..7
25*40
25-45
2052
20-53
2053
a
a
Erankfort...
a
Vicuna
a
a
Madrid
u
Uadiz
CD O Pi < y>
Lisbon
•Genoa
3 mos.
Hew York...
.....
Bombay
Oalcutta
....
ft25-45
ft25-50
@20*56
ft20'57
ft 20*57
11-87*23) 11 *92*2
2458ft243*
a
43t.Petersb’rg
ftl22
25*171aft25-25
...
Alexandria..
47
60 days
u
Jan.
7
Short.
12-0513
Jan.
7
Short.
25-22*3
Jau.
7
Short.
25-27
J till.
/
Short.
20-34
Jau.
7
3
11-68
Jan.
Jan.
Jau.
Jan.
Jau.
Jan.
8
6
8
8
8
g
mos.
hurt
Is. 8*ed.
Is. 8*ed.
....
•
Rate.
4718ft47f58
52U>ft5258
....
•
Time.
ft 47 *4
....
Hong Kong..
.-Shanghai....
Latest
Date.
Rate.
a
.Hamburg
EXCHANGE ON LONDON.
• •
[From
our own
60 days
3 mos.
6 mos.
U
ii
a
4-81i4
Is. 87ied.
3s. 10*sd.
5s. 3d.
correspondent. |
were
entertained at the close of last year are
being
you
otherwise.
The money
96*8ft96*4
London, Saturday, January 10.
The favorable hopes respecting the future course of our
trade which
or four of the best years of his life
initiated in the vices of a camp, and sent back
having forgotten
all that is of use to him to know. And
market during the week has assumed
appearance, and choice three months’ bills
are now
a very easy
taken under
2 per
cent. The dividends have been distributed during the
week, and a large sum of money has been released. Mercantile
bills are scarce; but there is an impression that, before
long, a
demand for gold will arise on New York account, to meet the
heavy indebtedness caused by our large importations of cereal
produce. The exchange is very near gold point, and there is
inquiry for gold in the open market; but the demand has
yet assumed any considerable proportions. During the
remaining seven or eight months of the season, we sha'l require
about 12,000,000 quarters of wheat and flour, and
although we
have been importing very largely since harvest, so
scanty have
cal disaster occur, our commerce will show more distinct
signs been the deliveries of home-grown produce, there has been no
«of revival as the year advances. The
poverty of the agricul¬ important accumulation of grain at our outports. We shall
tural classes in this country, and in the greater
part of Europe? want at least 350,000 quarters of wheat and flour weekly, and
militates against any rapid development, but should there be
some anticipate that we shall see a
higher range of prices
any prospect of agricultural improvement during the present before another harvest is
gathered in. The following are the
year, the year’s business may be attended by very satisfactory
present quotations for money:
results. The demand seems to be of a sound and
legitimate
Per cent. Open-market rates—
Per cent.
-character, and producers are therefore enabled to increase Bank rate
3
4 months’bank bills
2
'2)214
6 months’ bank bills
21sft214
their prices to a moderate extent. The drawbacks to a revival Open-market rates—
30 and 60 days’ bills
4 & 6 months’ trade bills. 2*23)3
13*@178
3 months’bills
1 l7s
of activity in our commerce, are
certainly few. The state of
The rates of interest allowed by the discount houses for
Europe’s relations to Russia, and of Russia’s to Europe, is
Tegarded as the cause of some embarrassment; but Russia, with deposits have been reduced /£, and are now as follows:
Per cent.
so many opponents to her
ambition, is not likely to lightly Joint-stock banks...
2
houses at call
1*2
break the peace. Agriculture also is wanting in prosperity, Discount
Do
with 7 and 14 days’notice
13*
but owing to the abundance of food in America, the cost of
Annexed is a statement showing the present position of the
living has been low, so that while our own agriculturists have Bank of England, the Bank rate of discount, the
price of Con¬
.suffered, the operative classes have been able to live with com¬ sols, the
average quotation for English wheat, the price of
fort, even on their reduced rate of wages. Money too is very
Middling Upland, cotton, and the Bankers’ Clearing-House
-cheap, and thus our capacities for production are very consid¬ return, compared with the three
previous yeare :
erable.
verified, and
moderate degree of activity is reported from our
•chief centres of industry. The trades for
iron, coal, cotton,
wool, flax, and also for our chief manufactures, are firm in tone,
.and there is reason to believe that, should no unforeseen
politi¬
a
some
not
■
,
1880.
Lord
Derby attended
on
Huddersfield Chamber of
speech
Thursday evening a meeting of the
Commerce, and made an interesting
mercantile affairs. He looked forward with confi¬
steady improvement in our trade, and believed that
the country was decidedly richer than it was ten
years ago*
With regard to competition, he believed that in the race for
.supremacy we were quite capable of holding our own. He did
not deny that the United States are, or
may be, formidable
rivals. It is hard, he said, to put any limits, even in
imagina¬
tion, to the possible development of that wonderful country—
40 Englands rolled into one, as somebody called it—to
which, in
.all present appearance, if it only manages to hold
together, the
first place in the future of the world
belongs.
But for the present we do not find that the Americans
themselves claim to expect to beat us in the
open market.
They do not come out and face us in the open; they
fight intrenched up to the eyes behind a protective tariff,
-.and even with the help of that tariff
they have not wholly
checked the import of English manufactures into their
own country.
That does not look like confidence in their
own
unaided superiority; and in a
country where land
is so cheap, it seems difficult not to
suppose that the labor market
must be affected unfavorably to the
manufacturing employer
by the counter-attractions of land-owning and farming. Still,
making all these allowances, American competition is not to be
lightly spoken of. All I say as to our rivals in that quarter is
that there is room enough in the world for us both. As to
our
Continental competitors, I have never
yet been able to see what
.advantage they have over England. They have not got our
cheap coal, they have not got our cheap iron, they have not got
our vast accumulated masses of
capital, they have not got the
.almost unlimited command of mechanical
appliances wnich is
to be found in our
^reat
towns,
nor the supply of trained work¬
men which never fails us in
England. More than that, they have
not got free labor; for labor is not free,
where, as now, all over
"Europe, a young man is liable to be taken from the trade he is
upon
dence to
a
H
1879.
;
1878.
1877.
Circulation, including
£
£
£
£
bank post bills
28,098,662 33,308,812 27,927,887 28,684,775
Public deposits
5,559,672
4,746,109
4,384.488
4,373,157
Other deposits
32,167,860 32,544,579 25,357.887 23,385,591
Governm’tsecurities. 20,754,788 18,220,223 18,417,509 18,766,486
Other securities
20,253,511 26,760,071 17,625,966 17,517,075
Res’veof notes &coin 14,850,618 10,609,142 11,902,216 14,694,912
.
Coin
and
bullion in
both
departments.. 27,629,023
Proportion of reserve
to liabilities....
Bank rate
28,648,687 24,503,001
39-03
3 p. c.
Consols
973*
Eng. wheat, av. price
Mid. Upland cotton
..
46s. lid.
7d.
Clearing-Houseret’n. 103,987,000
27,997,732
39-59
44-34
3 p. c.
95 5s
51s. 2d.
2 p. c.
458. Id.
5«8d.
63i($d.
»i«u*
89,546,000 100,834,000
96,200,000
23q
5 p. c.
-
95*2
51s. 8d.
„
9514
6i3ied.
The bullion market has been very quiet during the
Fine bar silver is now quoted at 52%d., while the price of
can dollars is 51
per ounce.
week.
Mexi¬
Tenders were received at the Bank of England on Monday for
£1,585,000 in Treasury bills. The amounts allotted were: In
bills at three months, £1,255,000, do. six months £330,000.
Tenders for bills at three months at £99 10s. and above received
in
full; and for bills at six months, at £98 15s. 4d., about 70 per
cent.; above in full. The government has paid therefore 2 per
ceat per annum for 3 months and £2 9s. 4d. per annum for six
months bills.
g The following are the current rates of discount at the prin¬
cipal foreign centres:
Bank
Open
rate.
market.
Pr. ct.
Pr. ct.
3
Amsterdam.... ..3
Paris
Antwerp
.
3
3*3
Berlin
4
Hamburg
4
Frankfort
4
Leipzig
4
Genoa
Geneva
25&®278
:....
4
4
'
Bank
Vienna
Lisbon & Oporto.
278®318
Madrid, Cadiz &
3 is ft 3 as
3*43)3*2
St. Petersburg
Calcutta
S^ftSSs
Copenhagen
4
Barcelona
New York
Open
rate.
Pr. ct.
4
market.
;Pr. ct.
33*ft4
5 *2® 6
6
4
...
6
4
«
ft 5
5*23>6
3
3*3®4
3*2®4
5
ft 6
3*2-ft4
The Board of Trade returns for December and the twelve
Jantjabt 24,
1S80.1
THE CHRONICLE.
months ended December 31 have been issued this week.
show the following results:
Imports in December
....
Imports in twelve months
Exports in December
Exports in twelve months...
The
They
1877.
1878.
£32,159,643
1879
£26,576,678
368,609,610
14,661,029
192,348,914
£35,321,556
362,127,741
16,587,620
191,503,672
394,273,906
15,977,799
198.893,065
fallowing figures relate to the
year
EXPORTS.
1878.
12.112,819
1877.
'cwt.
1878.
1879.
1,502,409
1,314,803
1,679,404
227,651,402 250,631,800 235,770,100
yards.3,337,820,850 3,618,665,300 3,718,138,600
lbs.
Iron and steel
tons.
Linen yarn
lbs.
Linen piece goods
yards.
Jute manufactures
yards.
Silk manufactures
£
British wool
^.lbs.
Colonial and foreign wool.lbs.
Woolen yarn
lbs.
Woolen cloths
..yards.
Worsted stuffs
yards.
Blankets & blanketing..yds.
2,346,370
19,216,001
177,766,527
116,753,003
1,705,153
9,548,999
187,402,261
26,972,536
44,125,206
*
2,296,860
18,473,800
2,879,884
17,415,500
160,446,130
163,845,200
1,695,913
15,700,000
243,313,462
33,391,100
46,229,600
£2,078,715696,633:
2,131,762
2,775,348:
2,171,642
For the past five or six
years commercial affairs in South
America have, it is well known, been in a state of
great stagna¬
13,171,0*3
EXPORTS.
Cotton
Cotton yarn
Cotton piece goods
1879.
£1,438,031
693,681
The exports of gold to the United
States during the yearhave been £6,949,078, against
£828,750 in 1878, and £1,167,630
in 1877.
1879.
11,978,283
'
1878.
1,291,654 *
Total
ended 31st December:
1877.
cwt.
1877.
£879,988
Gold
Silver
IMPORTS.
Cotton
83
tion, unrelieved by
even
States involved in
state of
a
a
transitory improvement. Many
bankruptcy became reckless of“
financial consequences, and by excessive issues of
paper money
crippled enterprise and literally ruined all exchange
operations.
a
consequence nearly all undertakings based upon
foreign
capital h£ve passed through great difficulties, for whei
199,265,935
profits have been earned they have been chiefly absorbed
31,189,600
43,529,800
their remittance to Europe.
Latterly, however, there has bet
194,777,034 192,482,800 187,041,900
a general
6,785,175
6,324,800
improvement
and
in
6,011,500
many instances it has been vei
Flannels
yards.
9,273,429
8,912,900
5,656,600 considerable. Trade has
Carpets
yards.
6,454,449
improved despite the chronic complica¬
6,626,200
6,620,200
Subjoined are the particulars of the exports of cotton yarn, tions of political affairs, and this has naturally been reflected in
distinguishing the countries to which those exports have been the earnings of the principal railway companies. In some few~
made, during the month of December, 1879, compared with the instances, owing to exceptional circumstances, the
improvementsince the commencement of last
corresponding month in 1877 and 1878 :
year is slight, but in others itExports to—
1877.
is more extensive, and some
1878.
1879.
Russia
undertakings have so far recovered.
83,800
1,213,100
1,764,200
their position as to have again entered the dividend
Germany
4,687,400
list. Alto¬
3,356,300
3,990,800
Holland
2,520,000
2,686,700
3,684,600 gether the advance in values here is somewhat
France
remarkable, as
518,700
398,100
411,600
Italy
it has been almost
1,664,600
1,699,800
entirely non-speculative. To many investors469,400
Austrian Territories....
233,200
230,500
136,500 it has been a considerable and
Turkey
unexpected accession of wealthy
1,525,400
1,810.900
1,120,600
Egypt
433,400
296,300
339,200 for in the majority of cases these securities had
China and Hong Kong..
gradually sunk
540,100
513,000
1,378,100 to such a low
:
Japan
level that they were regarded as almost
2,307,800
618,500
1,990,200
British rndia—
worthless^
Annexed are figures showing the prices of the
B >mbay
760,900
412.000
principal
1,014,400
Madras
1,153,200
772,700
727,600 South American railways at the beginning of this year, and also
Be 1 gal..
993,000
1,001,000
837.900 of last
Straits Settlements...
year, together with the rise in price in the year, the219,700
209,900
96,900
Ceylon
7,500
25,000
rise
6,100
per cent, and the total increase in market value.
Other countries
2,293,600
r
160,801.700
122,961,200
1,922,953
6,618,200
As
,
,
!
Total
The
..lbs.
following
19,947,300
4,017,400
2,074,100
19,261,200
20,092,200
/
the quantities of cotton manufactured
piece goods exported in December, compared with the cor¬
responding period in the two preceding ycal’s:
1877.
Yards.
Exported to—
Germany
Holland
France
Portugal, Azores
Italy
& Madeira.
Austrian Territories
Greece
.
Turkey
Egypt
1
1,558,000
2.962.500
4.545.500
Foreign West Indies
United States of Colombia
(New Granada)
Brazil
Uruguay
Argentine Republic
and.Hong Kong
-
Java
Philippine Islands
Gibraltar
Malta
British North America
British West India Islands &
Guiana
British Possessions in South
„
6,601,700
4,801,500
4,182,100
4,073,600
4,947,100
711,300
2,45*,900
10,220,300
Mexico
Japan
Africa
British India—
Bombay
Madras
Bengal
Straits Settlements
Ceylon
Australia
2,812,700
4,807,800
14,813,200
2,599,200
‘
8,466,000
4,321,000
3,389,700
17,925,100
*,
Total unbleached or bleached
Total printed,dyed.or colored
Total mixed materials, cotton
predominating
1.478.400
3.724.400
2,175,200
1,779,300
2,196,300
1,443,800
merated
9,044,700
1.656.500
4,754,100
15,724,500
2,161,000
2.790.500
1.874.600
3.402.700
27,706,000
2.846.700
5,036,700
3,453,600
3.356.100
1,543,500
2,635*500
1.829.200
33,163,800
6,267,100
87,045,700
7,536,200
1,711,600
31.350.100
4,067,600
55,728,000
5.949.500
39,273,900
4.742.100
65,000,600
8,600,300
2,970,900
4,800,000
16,434,300
17.304.100
17,303,000
229,626,100
197,810,000
234,413,600
as
84,076,100
1,373,900
1,249,900
280.580,500
319,739,600
follows:
1878.
1879.
153,493
1,082,828
83,239
71,577
976,899
1,015,S94
67,835
71,503
70,521
4,473;760
4,069,067
66,210
4,475,549
imports and exports of gold and silver during December
have been
as
per
share. cent.
3^2
24
414
7
312
93.2
13*2
95
20
34
104
35
20
3
7
63
23
32
100
Tot. inc.
of market:
value.
£122,500*
370,300
276,250
305,200
217
304,000
58
102,200
40,000
300,000
42,000
20,000
....
are so
remarkable that they deserve*
given in greater detail.
per
1J4
1st preference
2d preference
4
2
3
50
Ottoman (shares)
Obligations
Varna (shares)
3 per cent obligations
Antwerp and Rotterdam
Swedish Central 1st mortgage..
Limburg Czernowitz Jassy
South Austrian shares
1,755,943
480,681
47,500
61,024
2J4
4J4
20
*
78,750
275,000
300,888
45,000'
337.500
937.500
35
10*2
6
Adv.
Tot. inc.
per of market
share, cent.
value.
4q 420 £324,750
-Prices.1879.
Mexican (ordinary) shares
'
....
714.
The trade for wheat
has been very little
during the week has been dull, but therechange in prices. Millers have been/
reluctant to operate extensively, but at some
slight concession
have been disposed to buy. The weather has been cold and
foggy during the week, but not frosty.
During the week ended January 3, the sales of English
wheat in the
150
principal markets of the kingdom
amounted to only 24,573 quarters, against 37,891 quarters, whilein the whole kingdom it is estimated that
they were 98,300
quarters, against 157,600 quarters in 1878-9. Since harvest
the sales in the 150 principal markets have amounted to
568,937 quarters, against 1,043,282 quarters; while in the whole t
kingdom it is computed that they have been 2,276,000 quar~
ters, against 4,173,200 quarters in the corresponding period of*
last season.
Without reckoning the supplies furnished ex¬
granary at the commencement of each season, it is estimated
that the following quantities of wheat and flour have been
.
.
1877.
76,034
61,751
A£
Adv.
per
Adv.
32,593,000
2,310,000
81,396,600
to be
897,400
2,984,400
manu¬
£
33!723,’8oo j shown by the first-named
2.220.500
81,698,600
Adv.
.Yards.
31
5,209.600
10
3,473,500 San Pauls and Rio de Janeiro... 97
7
5
3,095,600 , Lima
5^2
10
32
3,666,900 *
Subjoined are corresponding figures for the Mexican and
3,477,300 i
498,700 I some
me of the other
principal foreign railways.
The results
3,057,200
3,089,400
1.264.500
1.778.200
8,656,400
414
60
-v
1732
3^
East Argentine 1st mort. deb...
North Western of Monte Video..
2.890.200
4,045,000
1,072,300
5,608,000
2.513.200
1.200.700
2.337.800
312,837,500
Total value of cotton
factures
1.824.600
1314
Central
1879.
5.948.200
4.331.700
2.258.200
1.949.100
1.405.200
1.521.200
Other manufactures of cotton show
Lace and patent net
£
Hosiery of all sorts
£
Thread for sewing
lbs.
Other manufactures, unenu¬
3,748,000
3.261.900
7.333.200
1.298.400
2.993.400
23,537,200
6.776.700
4.358.300
1,512,800
Total
3.888.900
4.146.800
2.684.300
30,707,000
7,258,800
Other countries
The
1878.
Yards.
29,899.500
West Coast of Africa
United States
Chili
Peru
China
Bolivar.
were
Prices.
1879.
1880.
9
5*2
106
130
follows:
placed
the British markets since harvest:
1878-9.
\,
1879-80.
1877-8.
of WA^at.cwt.26,980,702
Imports of
w£4at.cwt.26,980,702 18,520,471 23,183,112
upon
Imports of (Hour
Sales
of
1876-7.
13,764,208
4,431,065
2,761,495
3,016,634
2,154,524
9,861,500
18,083,600
15,263,000
16,553,600
40,273,267
39,365,566
41,462,746
32,472,332
389,369
773,543
790,593
528,485
39,883,898
38,592,023
40,672,153
31,943,847*
41s. 2d.
54s. Id.
47s. lid-
home-grown
produce
c
Total
IMPORTS.
Ucud
-Silver
Total
/....
1877.
1878.,
1,012,326
2,538,511
3,090,976
£
3,550,837
736,342
3,827,318
1879.
£
404,599
964,317
1,368,916
Deduct
exports
wheat and flour
of
.
Result
Av’ge price of English
wheat for the
season.
47s. lid.
'
THE
84
CHRONICLE.
The
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
'from the fir3t of September to the close of last week, compared
with the corresponding period in the three previous seasons:
IMPORTS.
1879-80.
1878-9.
1877-8.
1876-7.
Wheat
...cwt. 26,980.702
18,520,471
Barley
6,901.703
5,495,186
4,671,486
13,764,208
5,285,231
Oats
Peas
Beans
Indian
Flour
23,183.112
5,688,284
4,555,250
1.046,188
1,091,993
730,099
8.315,697
4,431,065
corn
538,068
11,191,386
810.412
1,613,372
10,022.751
4,110,961
630,433
1,672.880
13,879,116
2,761,495
3,016,G34
2,154,524
EXPORTS.
Barley
1879-80.
344,924
6,765
Oats
Peas
Beans
Indian corn.
Flour
60,483
15,345
365,121
44.145
Wheat
...cwt.
V
rVot. XXX.
(flgmmerctal amXiytisceXhmetftts gifoms.
1113238——7SS.ttrr.. 186790.
Imports
and Exports for the Week.—The imports of last
compared with those of the preceding week, show
a
decrease in both dry goods and general merchandise.
The total imports were $6,084,726, against $6,915,599 the pre¬
ceding week and $7,862,989 two weeks previous. The exports
for the week ended Jan. 20 amounted to $5,687,823, against
$4,998,157 last week and $5,906,669 the previous week. The
following are the imports at New York for the week ending
(for dry goods) Jan. 15 and for the week ending (for general
week,
,
merchandise) Jan. 16:
FOREIGN IMPORTS AT NEW' YORK FOR THE
1877.
1878-9.
1877-8.
1876-7.
738,486
57,754
45,324
7,490
771,425
2,942
9,352
120,822
35,057
43,175
19,168
512,306
10,712
54,643
10,880
15,241
206,198
24,354
50.331
11,758
16,179
$1,825,140
Dry Goods
WEEK.
1878.
1879.
1880.
$1,472,859-
$2,184,264
General mdse...
3,370,890
3,638,672
2,767,137
$1,863,633
4,221,093
Total week
Prev. reported..
$5,196,030
$5,111,531
$-1,951,401
$6,084*726
12,245,031
11,220,560
6,496,314
14,77$,588
Totals’ce Jan. 1.
$17,441,061
$16,332,091
$11,447,715
$20,863,314
In
our
report of the dry goods trade will be found the imports
showing the estimated value of our of dry goods for one week later.
The following is a statement of the exports (exclusive of
imports of cereal produce into the United Kingdom during the
specie)
from the port of New York to foreign ports for the
first four months of the present and three previous seasons:
week ending Jan. 20:
Annexed is
return
a
1870.
Wheat,
.i
Barley
...
Oats
Peas
Beans
Indian
Flour
c.
com..
Total
1878.
1877.
£14,300,505
3,019,851
2,013,248
200,498
430,G7G
2,319,511
3,47G,181
£S,51G,58G
2,213,997
1,524,920
£26,043,470
1876.
£13,360,GS9
£6.500,979
2^044,942
2,105,798
2,508,1GG
1,509,420
33G,401
577,95G
3,113,437
2,584,423
3,910,351
1,676, L97
£17,609,361
£23,990,492
£16,744,669
240,714
185,080
2,822,2GG
1,731,731
253,981
G2G.488
The
following return shows the extent of our imports of wheat
Kingdom from September to December
and
inclusive,
also the principal countries whence those supplies
and flour into the United
were
derived:
WHEAT.
1879.
From—
Cwt.
Russia
2,482,166
United States
15,031,020
Brit. N. America 2,889,075
Germany
France
992,854
5,985
Chili
873,985
Turkey, Ac
1878.
Cwt.
1877.
3,905,956
8,596,906
1,575,566
1,695,72 4
3,872,633
9,057,364
Egypt.
Total..
2.183,486
50,080
182,596
137,204
50,573
119,395*
105,847
396,341
673,657
1.046,163
British India....
Other countries..
567,316
823,423
24,762,847
3,640,566
3,976,804
926,774
425,903
72,044
2,554,678
177
860
1870.
Cwt.
Cwt.
152,047
21,514,764
FLOUR.
1879
Cwt.
From—
1878.
Cwt.
Germany
416,501
France.
United States;....
Brit. N. America
107.639
Other countries..
Total
694,681
363,208
108,311
1,211,239
185,106
690,294
4,164,328
2,558,153
2.693,072
252,435
1877.
Cwt.
575.494
350,164
1876.
Cwt.
379,303
388,312
690,716
813,684
239.743
806,734
139,954
468,065
2.785,819
2,066,350
Engllah Market Reports—Per Cable.
The
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the Bank
of England^ has increased £ ’80,000 during the
week.
Sat.
Silver, per oz
Jhn.
Mon.
Jan.
17.
19.
Tues.
Jan.
20.
523s
527,6
52^8
52%
97151g
98%g
98%*
98716
98‘ie
d. 5251G
Consols for money
9713ir
Consols for account.... 97* a,
U. 8. 5s of 1881
lo5%
U. S. 4%s of 1891
1103*
U. S. 48 of 1907
107%
Erie, common stook
46%
Illinois Central
107
Pennsylvania
523*
Pliilade
elphia«fc■
Reading. 36
Liverpool Cottm Mark
9713iq
97i516
105%
111
10734
45%
106 34
52%
36%
-See
97i£16
Wed.
Thurs.
Jan.
21.
Jan.
22.
105%
110%
107%
HI
107%
45%
44%
10634
52%
106%
52%
36%
10558
36
special report
Frl.
Jan.
23.
'
1055s
110%
-
52%
98%
985s
10558
Wheat,spr’g,No.2,1001b. 10
Spring, No. 3...
“
10
Winter, West.,n.
Southern, new.
*
4v1*.?aL1wliite
California club.
“
“
“
10 11
11
tom, mix.,W.old^ cent! 5
^
do'
do
newT
‘
5
14
10
10
11
11
8
3
11
11
“
Mon.
s.
d.
2
5
7
Tues.
Wed.
s.
d.
d.
14 6
10 8
10 3
11 2
11
3
8.
6
8
3
1
2
14
10
6
10
3
2
3
8
11
11
10 11
10 10
10 10
5
7
115
5 7
ll
5
5
11
5
5*2
5
5%
5
5
5
7
5
Sat.
d.
Pork,West.mess..$bbl.59 0
Bacon, long dear, cwt..36 6
Short clear
“
38 0
Beef, pr. mess, $ tierce.82 0
a r\
Tiftrn.nriinftWoot
r?
Lard, prime \VTest. adnntf
$cwt.40 6
Cheese, Am. choice “ 71 0
__
s.
.
Mon.
s.
d.,
59 0
36 6
33 0
82
Tues.
59
36
33
82
40
72
0
i r\
40
6
71
0
Wed.
d.
0
6
0
0
9
0
8.
in
8.
59
36
38
82
,n
»
40
72
d.
0
6
0
0
6
0
n
Pet’leum, ref. f. gal... ®....
Pet’ieum,spirits
“
..
®
Tues.
d.
6
^
®
d.
5%sG
7%&7%
'Si
..
..
Wed.
@
..
..
8,676,955
10,904,826
Mex. silv. dols.
36
cotton.
Thurs.
8.
d.
6
8
3
14
10
10
11
11
10 10
11 5
5 7
5 5
Fri.
d,
8.
14
10
10
11
11
3
7
2
0
2
10
11
5
5
Thurs.
8.
d.
59 0
36 6
38 0
82 0
406
72 0
Fri.
d.
s.
59
36
0
6
0
0
6
0
38
82
40
72
Thurs.
id.
5% ^*6
~
Fri.
d.
/w
P.
$35,000
Am. silv. bars.
150,000
Span, doubl’ns.
49,290
5,370
18,307
Mex. silv. dols.
Liverpool
’80 ($240,717 silv., and $84,290 gold)
$325,007
Tot. since Jan. 1,
Same time in-
67,040
Same time in1
Same Time in—
1875
$8,226,853
$1,981,822
1874
2,363,017
2,683,389
1873
6.811,153
2,251,472
1872.....
6.980,231
1,495,321! 1868
$1,090,983
1879
1,049.859
758,628
port for the same periods have
$155,728
Gold bars
Silver bullion..
12—Str. Bermuda
British West Indies.For. gold coin..
12—-tr. C. of Austin
British West Indies. Am. silv. coin..
C. of New York..Mexico
Am. silv. coin..
Aiu. gold coin..
For. silv. coin..
For. gold coin..
*
Santo Domingo.. Hay ti
f. ...Am. silv. coin..
Total for the week ($130,977 silver, and
$197,749 gold)
Previously reported ($5,004 silv., and $160,315 gold)
313
'
8,327
2,035
1,890
2,135
95,737
31,559
31,002
$328,726
165,319
Tot. since Jan. 1, ’80 ($135,981 silv., and $358,064 gold)
$494,045
8ame time inSame time inSame time in1879
$442,251 1875.
$114,144 1871
$170,553
1878
666,664 1874.
52,718 1870
1,52J ,206
1877
86,049 1869
182,104
911,819 1873.
1876
114,344 1872.
94,052 1868
277,783
The
following table shows the receipts and payments at the.
Sub-Treasury in this city, as well as the balances in the same,
for each day of the past week:
Balances.
Receipts.
.
$
Jan.
“
“
“
17...
19...
20...
21...
22
23...
Total
53
36
Am. gold coin..
$25-7,967
45%
108
1880.
($173,677 silver, and $84,290 gold)
Previously reported ($67,040 silv., and $——- gold)
107%
1
11,575,711
Total for the week
1,657,343 86
926,088 65
1,984,891 52
1,010,680 35
1,114,754 68
1,173,732 42
7.867,496 48
Payments.
Gold,
$
$
531,839 97 100,591,229 59
1,467,436 66 100,446,077 83
1,125,535 89 101,182,448 27
590,563 68 101.252.915 69
829,168 33 101,450,000 31
807,317 62 101,773,449 87
Currency.
$
05601,122 03
6,204,976 78
6,327,911 97
6,677,561 22
6,766,062 95
6,809,028 19
5,351,862 15
Wilmington Colombia & Angusta.-rA meeting of the first
mortgage bondholders and holders of the registered certificates
was held in Baltimore,
Wednesday, to take steps to reorganize
the road. The committee appointed at a meeting held on
November 5,1878, reported that they had purchased the Wil¬
mington Columbia & Augusta Railroad in the interests of the
first mortgage bondholders. The report of the committee was
adopted, and it was decided that the road be at once reorgan¬
ized. An election for officers was then held, with the following
result: President, R. R. Bridges; Directors, W. T. Walters, S.
M. Shoemaker, B. F. Newcomer, H. B. Short, George S. Brown,
George C Jenkins, H. B. Plant, J. D. Cameron, and Enoch
Pratt. The company will issue $960,000 capital stock, and bonds
will be issued to the amount of $1,600,000, bearing 6 per cent
interest, payable in gold in New York City on the first days of
June and December. The plan of reorganization will give to
every holder of $2,000 worth of old bonds, with accompanying
coupons and certificates, $1,000 in new bonds and six shares of
stock.
Milwaukee Lake Shore & Western.—This road is
now lay¬
quarter of new track each day, on the end of
its line, which is completed some eight miles north of Tiger-
ing
Mon.
d.
10,479,406
17—Str. Britannic
44%
London Petroleum Market.Sat.
d.
$5,687,823
Jan.
12- -Brig Alcoira
Maracaibo..,.
C. of New York..Liverpool
15—Str. Saratoga
Havana
10734
Liverpool Provisions Market.—
.
$5,950,349
parison of the total since Jan. 1, 1880, with the corresponding
totals for several previous years:
“
rket
Liverpool Breadstuff'& Market.^—
Sat.
1879.
$5,866,962
$16,854,592 $17,442,673 $14,627,304 $16,592,649
The following will show the exports of specie from the port
of New York for the week ending Jan. 17, 1880, and also a com¬
“
52%
'
1878.
$6,375,136
Totals’ce Jan. 1.
111
108
on
1877.
For the week....
Prev. reported..
1.439.923
146,359 1876
The imports of specie at this
922,376.
1,576,924 been as follows:
728,800 Jan.
12—Str. Britannic
..England
12,568,594
..
450,462
2,457,189
569,072
17,120,142
EXPORTS FROM NEW YORK FOR THE WEEK.
a
mile and
a
This makes the main line about 184 miles in length, with
about 30 miles of branch road. This extension is to be as far as
Gotuit Lake, about thirty-six miles above Clintonville.
ton.
22..4498——MFeirrscthants’
January 24, 1£80..
THE CHRONICLE.
85
United States Bonds.—T
he market for government
bonds
has been
strong on a large demand. The high prices
bring
some bonds into the
market, and the supply is thus
necessarily
drawn from present holders, as no new bonds
are on the market*
Closing prices at the N. Y. Board have been as follows:
%\xt J3aulvcrsr (Gazette.
NATIONAL BANKS ORGANIZED.
Tlie United States
Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
National Bank of Camden, N. Y. Authorized
capital,
Daniel G. j^orrance, Presi¬
Interest
Periods.
$50,000; paid-in capital, $50,000.
dent ;
John G. Dorrance. Cashier. Authorized to commence
business on January 12.1880.
National Bank of Hillsborough, Ohio. Authorized
Jan.
17.
Jan.
Jan.
20.
19.
Jan.
Jan.
Jan.
21.
22.
23.
6s, 1880
reg. J. & J. *102% *103
*103
103*2 *103
Gs, 1880
coup. J. & J. *10258 -103
*103
*103
*103
capital, $50,000; paid-in capital, $50,000.
6s,
1881
J.
&
J;
104
reg.
5q 104% 1045s 1045s "1045s
Henry Strain,
President; E. L. Ferris, Cashier. Authorized to commence Gs, 1881
J.
&
J.
coup.
1045b 104% 1045s 1045s *1045s
business January 13, 1880.
5s, 1881
reg. Q.-Feb. *102*2 *102*2 *102*2 *102*2 *1025s
5s,
1881
coup. Q.-Feb.1
103% *103% *103% *103%
s7
30
DIVIDENDS.
4*28, 1891
reg. Q.-Mar. *107% *107% *1075g *107*2 *107*2
Tile following dividends have recently been announced:
4*28. 1891
coup. Q.-Mar. *107% 107% *1075h *107*2 *107*2
4s, 1907
reg. Q.-Jan.
1045s 104% 1045s 1045s 101*2
Per
When
Books Closed.
4s, 1907
Name of Company.
coup. Q.-Jan.
1045s *1045s 104.5y 1043s 104*2
Cent. Payable.
Gs, cur’cy, 1895..reg. J. & J. *121
(Days inclusive.)
*123
*122
*122
*122
“
com...
Hanover Blanch
Illinois Central
Panama (qdar.)
St. Paul ct Sioux City prof. Iquar )
$1
$3*2
3
3
4
1*2
Insurance.
Hoffman Fire
5
Irving
Manufacturers’ & Builders’
3
6
5
10
5
National
Rutgers Fire
Westchester
Banks.
German American
Pacific (quar.)
2*2
2*2
Miscellaneous?.
Town Railroad Land Co
$1
Feb.
Feb.
Gs,
Gs,
Gs,
Gs,
2.
2.
*
March 1. Feb. 13 to March 3.
Feb.
2. Jan. 23 to Feb. 3.
Feb. 18.
On dem.
Ou dem.
On dem.
On dem.
Feb.
2.
On dem.
Feb.
Feb.
;;;;;;;;;;;;
2. Jan. 26 to
2.
;*;■
Feb.
2.
Feb.
,
of
Pacific and Kansas Pacific it is said that the
stock of each
company will go in at its present amount, as also the bonds, and
it is supposed that one of the main
objects to be accomplished
was to secure for the Wabash &
Pacific line the
through traffic
of the Pacific roads ; the Union
Pacific, it Js stated, was com¬
pelled by law to pro rate at Omaha with
connecting lines, while
now the eastward
business oan be thrown overdlie Kansas
Denver, if necessary.
The Central Pacific stock sale to a
syndicate has all the ap¬
pearance of an ordinary proceeding for the common
purpose of
making money. Jf the owners wished to sell at all this was the
best way, whereas the
buyers hope to realize a handsome profit.
Our money market has been
fairly easy at a range of 4@6 per
cent on all collaterals, the first named
rate
5@5£.
being made
to the
Prime commercial paper is
quoted
The Bank of England statement on
Thursday showed a gain
for the week of £280,000 in
specie, and its discount rate remains
at 3 per
cent; the percentage of reserve to liabilities was 45
3-16,
Bank of Franc e showed
against 41 15-16 the previous week. The
an increase in
specie of 8,125,000 francs*
The last statement of the New York
& J. *121*4
& J. *121*2
& J. *122
& J. *122*fj
no
sale
was
1880.
Jan. 17.
■
Gs, 1880—ep.
6s. 1881
cp.
5s, 1881
cp.
4*28, 1891..cp.
4s, 1907
102%
104*8
10338
1063s
cp. 103
,
.
Legal
reserve.
Reserve held.
Surplus.
1879.
Jan. 18.
1878.
Jan. 19.
*
1 22
*122
*122
*122
*122*8 *122
104*2
*1025s
*1037s
*1075g
1073s
104*2
1043s
*122
a122
*122
*122
*122
amount of
each
follows:
were as
Amount Jan. 1, 1880.
Registered.
Coupon.
$14,730,000
$3,685,000
185,389,550
286,987,750
167,981,900
492,645,450
64,623,512
68,774,700
221,452,600
82,018,100
245,845,100
Closing prices of securities in London for three weeks past and
since January 1, 1880, were as follows: ^ ,
the range
Jan.
9.
U. S. 5s of 1881
U. S. 4*28 of 1891
U. 3. 4s of 1907
Jail.
16.
Jan.
23.
Range since Jan. 1, 1880.
Lowest.
Highest.
106*2 x055s 1055s 1055s Jan. 15 10678 Jan. 12
110*2 111
111
10978 Jan. 2 111
Jan. 13
106*2 1075s 107 7s 106*4 Jau. 2 10778 Jan. 20
State and Railroad
Bonds.—There has been
some
animation
in Southern State bonds and the
low-priced specialties of North
Carolina, the non-fundable of South Carolina, and the deferred
Virginia bonds
are amorg the “ securities” most dealt in.
It is
Treasury of North Carolina has funded between
$5,000,000 and £6,000,000 of old bonds in new 4 per cents, bear¬
ing interest from July, 1880.
Railroad bonds have been very active, and
among the specula¬
tive list
stated that the
the Missouri Kansas & 'J
have been about the most
exas
prominent. The
subsequent page,
the latest prices.
again in demand,
quotations of bonds for to-day are given on a
and there is little to be said beyond furnishing
The low-priced bonds of reorganized roads are
and there has also been a sharp
inquiry for
Ohio Mississippi & Springfield division bonds on
reports from
Chicago, which are not very clear, and also on the report here
that the Wabash & Pacific
party are buyers.
Messrs. A. H. Muller & Son sold the
following at auction:
SJtarcs.
<fc Des Moines
Railroad
Bonds.
«•
nooga RR. 2d mort. 8
6 Keokuk
5 Keokuk &
17
Des, Moines
Railroad
’.
33 American Coal Co
39
56
per ct.
bonds, due 1889,
July, 1871, coupon
$1 50
$1,100 Sacraraeuto City 6 per
cent
33
Metropolitan Gasl. Co... 121
81 Jersey City Gaslight Co. 152*2
162 Sixth Av. KR. and $3,240
Sixth Av. RR. scrip ..$27,864
25 Bank of Commerce
100 Manhattan Bauk
100 Leather
1903,
coupons on
$1,000 State
139*2
145
Manufacturers’
Nat, Bauk
152*2
250 Pennsylvania Coal Co... 208
84 Oswego & Syracuse RR. 104*8
211 Nat. Butchers’ & Drovers’
Bank
110
22 Citizens’ Fire Ins. Co.... 196*2
80 Stuyvesant Fire Ins, Co. 115*2
300 Citizens’ Bank
100*2- 100
7 Manhattan Oil Co
10
61 Nat. Bank of State N. Y. 117*2
25 Bauk of America
143® 143 *4
45 Pacific Bank
142*2
5 American Exchange Fire
Ins. Co
ICO
25 Sixth Av. RR. and $500
..
scrip
Bonds.
$4,375
$2,000 City of Chicago 7
per
et. bonds, due 1896
114
$1,000 City of St. Louis 6 per
tanooga R R... per bond
$1,000 Alabama & Chatta_
Railroad and
$51
bonds, duo Feb.,
January, 1876
$400
of Indiana deferred 5 per cent canal
stock and $300 State of
Indiana deterred 5 per
cent special canal stock
for..
U. S. 6 per cent coupon
$320
•
$5
bonds, Oregon warloan,
due July 1, 1881..
$6,000 Broadway and Sev-
102*2
T enth Av. RR. 7
per ct.
bds., due 1884
$13,000 Sixth Av.
RR. 7 per
cent bonds, duo 1890..
$3,000 N. J. Southern RR. in¬
come
104*2
112*8
bonds, due 1882,-
March, 1874,
coupons
on
$5,000 Second
Av. RR. 7 per
$35
ct.consol. bds.,duo 1888 92%
& Oswego Mid¬
land RR. 2d mort. bds. "13*4
$25,000 N. Y.
$25,000 N. Y. & Oswego Mid¬
land RR.equipment and
convertTe sink. fd. bds.
$25,025 N. Y. & Oswego Mid¬
land RR. coupons from
1st mort. bds due July
13*8
,
1873, afSl unpaid,
$35 each
$400 Citizens’ Fire Ins. Co.
1,
scrip
20
-
47*2
Miscellaneous Stocks*—The
great com¬
binations of the week, and the Syndicate sates of Central &
Hudson stock a:e referred to above. These have
an effect in
unsettling tlie market, and
pecessarily had
giving
rather
a feverish
Inc. $874,800 $233,168,400
$236,981,200 tone, as the stocks directly involved were jumping about 5 to 10
Tnc. 2,085,100
17.344.600
28,477,500 per cent a-day, or more.
New York Central & Hudson has de¬
Inc. 2.177,000
19.767.600
19.841.800 clined since the
Iuc. 6,736.300 211.590,600
Syndicate sale to 130-131, but this seems likely
205,972,300
to be temporary.
Inc. 1,816,400
The Kansas Pacific and Union Pacific stocks
49,965,800
37,189,300
have
settled back to near the same
$63,432,975 Inc .$1,6S4,075 $52,897,650 $51,493,075
prices—94 do 9G, and if the
69,472,800 Inc. 3,901,500
67,310,406
65.666.800 consolidation holds good, and each stock pays the same divi¬
$6,039,825 Inc .$2,217,425 $14,412,750 $14,173,725 dend, they should apparently rule at about the same figure. It
is impossible to form any opinion as to tlie real value of the re-
Loans and dis. $276,990,900
Specie
53,558.600
Circulation
21.635.900
Net deposits
253,731,900
Legal tenders.
15,914,200
..
years.
*122
*122
1, 1880, and the
Jan. 13 102*2 Jan. 19
Jan.. 7 10434 Jan. 13
Jan.
3 1037sJan. 15
Jan.
2 IO734 Jan. 13
Jan.
2 1045a Jan. 17
—
changes from the previous week
Differ’nces fr’m
previous week.
*122
*122
*122
Highest.
ct. bonds, due 1887
109
City > Clearing-House
$3,000 City of St. Louis 6 per
an increase of $2,217,425 in
ct.
the excess above 25
bonds, due 1887
108*4
per cent of their deposits, the whole of
$2,000 Louisiana 8 per cent
such excess being
$6,039,825, against $3,822,400 the Drevious
bonds to N. O. & Chat¬
week.
preceding
*122
*103
*1045s
made at the Board.
outstanding Jan. 1, 1880,
banks, issued January 17, showed
The following table shows the
and a comoarison with the two
*123
•123
*123
*123
2.
terminating its hostility.
According to the unofficial reports of the consolidation
Union
at
This is the price bid:
6s,cur’ncy.reg.
As* to the sale of Central & Hudson
s*ock, Messrs. Drexel,
Morgan & Co., simply stated when the bids were closed in Lon¬
don and New York that 200,000 shares had been
taken at 131 to
135.
As the whole transaction now
appears, the purchase of
this stock from Mr. Vanderbilt was a mere
straightforward
banker’s operation, in which Messrs. Drexel.
Morgan
& Co. and
their associates bought $25,000,000 of a sure 8
per cent stock at
120, and sold $20,000,000 of it in less than 00
days at 131 to
135.
The Wabash & Pacific
part in the affair sinks into insig¬
nificance. except so far as it furnished an
inducement to Mr.
Vanderbilt to make the sale.
The Louisville & Nashville transaction hasrbeen
fully reported
in the daily papers and in the
investment news of the Chronicle,
and we need not refer to it at
length in this report; it is enough
to say that the purchase
outright of a controlling interest in the
stock of a rival corporation is a
perfectly legitimate method of
government bond dealers.
1899..reg.
J.
J.
J.
J.
Lowest.
FRIDAY, JAN. 23, 1880-5 JP. M.
Money Market and Financial Situation.
The past
week has been one of
extraordinary negotiations in railroad
circles, and the new combinations consummated from
day to day
are so remarkable that the market is
kept in a constant state of
expectation, and the inquiry is ou every tongue—What next?
In addition to the
great sale of 200,000 shares of Central &
Hudson stock on
Thursday, we have had since last Friday the
purchase of Nashville Chattanooga & St. Louis by the Louisville
& Nashville, the consolidation of Union Pacific
and Kansas Pacific,
and the purchase of 100,000 shares of Central
Pacific stock by a
Pacific via
1890..reg.
1897..reg.
1898..reg.
Range since Jan. 1, 1880.
Tlie
syndicate of bankers.
cur’oy,
cur’cy,
cur’cy,
cur’cy,
The range in prices since Jan.
class of bonds
i
Knllroads.
Cedar Rapids & Mo. River
“
prof
*103
.
86
IHE CHRONLCLE.
cent
acquisition, to the Louisville & Nashville road, but the strong
point of the purchase is in the circumstance that the company
assumes but a small obligation, and the transaction
is far differ¬
ent in effect from most of the Pennsylvania Railroad leases.
The coal stocks have not been very strong, and the main busi¬
ness to day was in Dela. Lack, and West. The
low-priced fancies
and the stocks lately put on the list are much in request, and
are generally strong in prices.
The daily highest and lowest prices have been as follows:
Saturday.
Jan. 17.
73
Am.Dlst. Tel.
Atl.APac.Tel.
Canada South.
Cent, of N. J..
Ches. & Ohio.,
do
do
1st
2d
78
32
24
Jan. 20.
73
83
70%
82% 88
22
22%
prf.
prf.
Tuesday,
Jan. 19.
72% 73%
42% 43
41% 42%
78
Monday,
82
22
32
23%
32%
25% 25%
82
24%
107
107
107
Chic. A Alton. 107
Chic. Bur. & 6. 143
143% 142% 142%
Chic.M.A St.P. 77% 77H 76% 77%
pref. 102% 102% 102% 102%
90% 91%
100% 107%
*
152%
40% 47
79% 79%
Col.Chic.A I.C. 22% 22% 22% 23%
Del. A H.Canal 76
76M 75% 75%
Del.Lack.& W. 85% 8634 85% 86%
Han. A St. Jo.. 38
36% 38%
do
mi 60% 68%
pref.
do
Chic. A N. W..
do
pref. 10
Chic. R.I.& P. 152 " 152%
Chic. St.P.&M. 47
47}
Clev. C. C. & I. 79% 79%
64
65
Hous.A Tex.C.
Illinois Cent...
103%
Ind. Cln. A Laf.
5%
Kansas Pacific
104
Lake ErieAW. 30
28%
Lake Shore.... 101
101%
Louisv.ANaah 98
10534 111%
Manhattan..
5234 5234 51%
Mar.A C.lst pf. 16 H 173-4 16
do
2d prf. 11J4 11% 11%
Mich. Central.. 89% 90J
90%
Mobile a Ohio. 2534 26
25%
Mo. Kans. & T. 42* i 44J
42%
104
104
Mor.A Essex.. 104
Nash.Cb.AStL 92% 95*4 80
New Cent.Coal 3134 32
32%
N.Y.C.AH.R. 134
134
133%
N.Y. L.E.&W. 4334 44J4 43%
do
pref. 70
70344 69
Northern Pac. 3534 3534 35
do
pref.
59* 58%
Ohio A Miss..
30*4 3134 29%
Pacific. Mail.... 41% 4394 40%
Panama...'.
Phil. A Read’g <jj%
St.L. A.AT.H. 27
do
pref *....
St.L.I.M.&So. 53%
St.L. A S.Fran. 43*4
*
70"
28
65
68
104
5%
108
73% 73%
41% 41% *41
41%
70% 7134 7034 7134
79% Sl% 79% 8134
22
22% 22% 22
32
.82%
24% 24% 23% 24”
103
108
107% 108
108%
143
143
14234 142% 143 144%
77% 7734 7634 77% 70
77%
102
102
101% 101%
unxx
90% 91% 90% 90% on
107
107
100
10634 105% 105%
152
150
*150
152
150
152%
47
40% 47
47%
7834 7834
78% 78%
2234 23%
22% 24
24% 23% 24%
74% 75,
75% 74% 74%
8434 85
84% 85% 88% 85
3634 38
37% 38% 37
38%
66% 63%
6734 68% 67
68%
6534 67%
6634 67% 67
74%
105
10234 103%
10534 103% 105
5
6
534
534
5%
5%
VP
I*
97
101
30% 29% 29%
102
10034 10134
106
112
121
52% 5134 51%
10% 15% 16
11% 10% 11*4
91
89% 9034
25-% 24*4 24%
44% 42% 45%
104
95
104
82
32%
date,
were as
20
65
5334
06
05
41%
80
79%
55
75
80
170
68% 69
25
25
es
56% 57%
4334 44%
55
55%
74
55% 56%
40% 40%
79
44
55
45
79
79
58%
75% 70%
40% 40%
75
80
3%
3%
3%
3%
3%
3%
3i
94
9634 94% 96
94% 95% 92
44
43% 43% 44%
44% 43% 44
67% 67% 68% 68% 09
67% 08
104
no
103% 104% 103 103% 102% 104%
sale was made at the Board
Chic. Mil. & St. P...
do
do
pref
99 % Jan.
136
Jan.
75 % Jan.
41,700
pref
Chic. RockIsl.& Pac
1,040 149
23,810
20%
74
5,621
S3
84,560
t
i
Hannibal & St.,
do
do
-
Illinois Central.
Kansas Pacific..
21,612
13,091
11,510
23,137
62,480
Lake Shore
37,448
4,337
13,675
Manhattan
Michigan Central.
Missouri Kan. & T
Morris & Essex...
206,970
N. Y. Cent. & Hnd.R.
81,200
14,247
198,118
1,089
10,250
6,853
10,036
21,710
p
Northern Pacific,
n
Pacific Mail.
Panama
123,615
14
10
43
94
17
13%
41%
34
70%
21
21
49
23
19
22
3
14
22
9
16
14
14
43% Jan. 17
40
Jan.
49% Jan.
68% Jan.
84% Jan.
42% Jan.
65
Jau.
99% Jan.
Jan.
Jan. 23
Jan. 23
Jan. 23
Jan.
19
Jan. 12
Jau. 12
Jan.
37%
734
103s
23 123
723q Jan.
3
573s Jan. 22
2
5
45
2 56%
2
76%
6 973s
2 4478
2
69%
6 105
139
21% 49
14 116
13 t44%
317e Jan. 12
2 176
79% 10034
9% 92%
*16
28%
67
10S
35
89%
35
72%
7334 93
53s 3534
75% 104%
35% 83
8 112
5
491eJau.
19
13
3%
78%
40%
56
53
60%
78%
88% 95
4%
9%
57% 116
tioned in the second column.
-—Latest earnings reported.—s /-Jan. 1 to latest date.-^
Week or Mo.
Atl.&Char. Air-L.November.
1879.
$49,600
60,988
84,871
.
Pennsylvania
.November.3,131,997 2,996,101 31,166,354 29,031,438
2,787,752 2,695,753
13,908,597 11,932,114
719,420
646,107
317,822
280,348
583,278
587,341
225,175
196,699
...
Phila. & Erie
.November. 273,168
317,168
Phila. & Reading November. 1,531,204 1,683,022
St.L.&S.E.—St.L. ,3d wk Dec.
18,439
17,570
Scioto Valley
December.
30,379
20,132
Southern Minn... November.
71,548
52,036
Wisconsin Valley December.
20,488
10,478
1878.
$37,001
38,124
74,673
Atch.Top. & S.F. .2d wk Jan. $115,500
Bur. C. Rap. & N. 2d wk Jan.
33,337
Cairo & St. Louis .1st wk Jan
Chicago & Alton. 2d wk Jan.
Chic. & East. Ill., 2d wk Jan.
Chic Mil. & St. P. 2d wk Jan.
Chic. St. P. & Min 2d wk Jan.
Clev. Mt.V.& Del. 1st wk Jan
Pet. Lans.& L. M. 1st wk Jan
Dnbuoue& S.City. 2d wk Jan.
Flint & Pere Mar. 2d wk Jan.
Grand Trunk. Wk. end. Jan.10
Gr’t Western. Wk. end. Jan. 9
Hannibal & St. Jo. 2d wk Jan.
Int. & Gt. North.. 2d wk Jan.
Louisv. & Nashv.. 2d wk Jan.
Minn.& St. Louis. 1st wk Jan
Mo. Kans. & Tex.. 2d wk Jan.
Mobile &Ohio....,2d wk Jail.
2d wk Jan.
St.L.A.&T.H
1879.
$
541,622
1878.
$
443,345
4,849
126,569
16.523
166,000
18,702
7,014
'
.
1879.
1830.
1879.
$77,721
$200,500
30,837
3,576
65.186
$129,779
94.189
15,818
144,633
15,524
5,491
11.068
17,332
15.523
do
(brs).,2d wk Jan.
St.L. Iron Mt. &S. 2d wk Jan.
St. L. & San Fran. 2d wk Jan.
St. Paul & S.City. 2d wk Jan.
Tol.Peoria&War 2d wk Jan.
Union Pacific.... 12 dys Jan
Wab. St.L. & Pac. 2d wk Jan.
Wisconsin Valley. 1st wk Jan
17,119
23,177
17 *542
99,875
40,883
,
59,248
30,831
32,269
88,000
5,000
41,340
41,123
86,228
54,815
19,805
11,940
138,875
12.427
10,996
75,719
16,441
18,894
25,499
222,000
41,142
22,659
21.129
299,000
220.347
135,039
1,582
3,347
5.491
11,068
29,139
33,174
162,008
59,248
61,662
56,563
168,912
5,000
79,186
46,203
174,542
99,875
77,260
62,797
262,500
10,278
152,661
106,931
35,683
17,633
162,008
34.146
137,500
10.278
53,372
3,576
155,889
29,608
252,658
29,368
4,849
225,269
30,600
327,000
36,407
7,014
15,523
31,590
72,779
24,854
22,057
19,362
266,675
74,628
145,952
33,472
35,237
45,164
222,000
44,132
45,816
299,000
365,468
3,347
’
242,484
1,582
Exchange.—Foreign bills are dull but rather steady at 4.82-Jsterling and 4 84* for demand. Cable
for prime bankers’ 60 days’
transfers are done at 4.84$.
Quotations for foreign exchange are as follows
January 23.
60
Prime bankers’ sterling bills on London,
Good bankers’ and prime commercial...
Good commercial
Documentary commercial
Paiis (francs)
Amsterdam
(guilders)
Hamburg (reichmarks)
following
are
4.8214 a 4.83
4.82 @ 4.82%
4.81
®4.81%
4.80%®4.81
quotations in gold for various
Sovereigns
$4 83
@$4 86
Napoleons
3 82
® 3 86
® 4 78
® 4 00
X X Reichmarks.
X Guilders
4 70
3 92
Span’h Doubloons. 15 80 @16 00
Mex. Doubloons..15 55 @15 65
Fine silver bars
1 14%@ 1 15%
Fine gold bars....
par^^prem.
..
Dimes & % dimes.
Silver %s and %s.
Five francs
Mexican dollars..
English silver
Loans.
ug.
“
11
18
2>
Sept. 81
15
22...
29
6
Oct.
13
“
20
“
27
Nov. 3
“
10
“
1?
“
24
Dec. 1...
8
“
15
“
22
“
29
t
4.84%@4.85
4.84 @4.84%
4.83 @4.83%
4.82%@4.83
5.20 8)5.171*
5.20
@5.17%
5.20 @5.17%
40 @ 40%
95%® 95%
953s®
95^8®
953s®
—
—
—
—
993*® —par.
9934® —par.
92
89
—
—
—
66
99
@
@
—
@
@
—
—
95
90%
@ 4 78
993*®
-
69
99%
par.
Philadelphia banks
Lawful Money. Deposits.
*
*
62,740.441
62 688,249
*
17,590,102
Circulation. Agg. Clear.
$
I
11,437.610
52.719,432
35,792,049
66.337,415
17,011,709
10,808,517
10,589,218
16,589,557
10,014,554
17,377.438
17,500,784
17,687.022
17,235,369
10,240,119
15,689,404
15,185,160
54,187,213
11,853,039
11,878,284
11,885,099
60,680,258
14,851.359
53,501.853
11,875,606
05,977,180.
14,010,427
52,696,028
05.302.071
04,581,278
04,050,163
52 342.702
52.653.503
11,871,878
11,890.480
64.'J24.368
14.491,491
14.958,053
15,049.003
14,977.274
14,754,053
62,972,906
62,784,728
02,880,264
62,740,828
62,550,008
62,639.944
63,558,250
64,706,995
65,942,232
66,274.801
64,386,503
95*2
OS1*!
95%
coins:
4 70
Prus. silv. thalers.
Trade dollars
New silver dollars
Philadelphia Banks.—The totals of the
1879.
Demand.
days.
5.22% @5.20%
5.21%®5.193s
39 %®
40
9458 ® 9478
94*8 @ 9478
94%® 9478
94*8® 9478
Brankfort (reichmarks)
Fremen (reichmarks)
Berlin (reichmarks)
The
:
5.217s®5.20
Antwerp (francs)
8 wiss (francs).
333s
39%
182
earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the
gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and including, the period men¬
^
.
.
65
The latest railroad
Ala. Gt. Southern.November.
Atchison & Neb..December.
or
Cairo & St.Louis. .December.
28,511
18,860
270,983
231,504
Carolina Central .November.
52.761
42,655
Central Pacific.. December. 1,311,000 1,432,918 17,127,149 17,607,451
Ches. & Ohio.. .December. 179,161
137,769 1,936,537 1,908,235Chic. Burl. &Q,.. November. 1,327,679 1,296,081 13,341,547 13,042,97S
Cliic.Cl. Dub.& M .December.
46,015
35,586
489,439
481,194
Chic.&Northw. .December. 1,312,300 1,080,838 16,081,778 14,999,740
Chic. & W. Mich. 3d wk Dec.
11,362
10,217
632,025
525,72£
Clev. Mt. V.&D. December.
35,479
30,076
39J,413
378,497
Dakota Southern November.
12,020
23,686
Denv.S.P’k& Pac November. 139,077
.766,682
Det. Lans. & L. M .December.
91,527
67,477 1,105,516
966,652
Frank.&Kokomo November.
3,002
3,716
37,490
34,647
Gal. Har. & S. An .November. 135,716
146.406
Houst. & Tex.C.. .November. 429,803
408,133 2,823,452 2,540.517
Llliuois Cen.(Il).). .December. 478,778
465,234 5.513,269 5,560,570
do
(Iowa). .December. 128,877
118,327 1,463,434 1.538,558
Indiana Bl. & W. 4th wk Dec
31.172
22,391
K. C. Ft. S.& Gulf.4th wk Dec
29,062
12,749
831,681
892,338
KansJC.Law.&So .4thwrk Deo
13.320
492.273
6,712
433,015
K. C. St. J. & C.B .December.
141,487
117,503
Kansas Pacific.. .4th wkDec 131,752
76.376 4,873/729 3,739,260
Little Rk. & F. S .December.
63,531
38,613
Mobile, & Montg. .November.
75.321
81,373
620,827
590,612
Nashv.Ch.&St. L .November. 174,245
156,994 1,615,224 1,482,130
N.Y.L. Erie&W. November. 1,515,835 1.381,391 15,110,876 13,928,479
Northern Pacific .December.
103,818
62.470 1.997,503 1,215,692
Pad.& Eliaabetht .December.
37,557 • 25,607
337,472
320,497
Pad. & Memphis. .December.
21,293
166,934
18,166
186,324
45%
33%
12 49*8 94%
8 76% 108
10 119
150%
23
5
28
10 38
89%
5
Jan.
High-
78%
89%
75
100%
3 111% 134%
12 343s 82%
14 74% 102%
14
10
30% Jan.
68% Jan. 23
107.703
Low.
2878 Jan.
168
13,510
79,025
5,655
9,300
4,435
78,680
40,185
.70,900
St. L. I. Mt. & South.
St. L. & S. Francisco,
74% Jan.
83 % Jvn.109 78 Jau.
148% Jan.
78% Jan.
103% Jan.
92% Jan.
107% Jan.
153% Jan.
24% Jan.
78% Jan.
Jan.
2
Jan.
2
Jan.
2
Jan.
88
Jan.
2
33% Jan.
2
3878Jau.
64
Jan.
69
7
Jan.
99% Jan.
2 105% Jan.
87
Jan.
2 108
Jau.
2 33
Jan.
20% Jan.
98% Jan.
5 102
Jan.
86% Jan.
Jan.
8 127
49% Jan.
Jan.
8 56
88% Jan.
5
91% Jan.
32
Jan.
2
4738 Jau.
10134 Jan.
Jan.
6 105
76
Jan. 21
95% Jan.
129% Jan.
2 135
Jau.
4l7a Jan.
45% Jan.
0
68
Jan.
72
6
Jau.
32
Jan.
36
6
Jan.
56% Jan. 10 60 Jan.
44,095
do
pref.
do
1st ]
Union Pacific
Wab. St. L. & Pacific
do
pref
Western Union Tel.
2
2
5
1,940 100*8 Jan.
2
893s Jan. 16
65,965
2.780 1051* Jan. 23
Chicago & Northw..
year
1879.
Highest.
66% Jan.
2
79% Jan. 23
716
Jan. 1 to latest date*.earnings reported.—
1870.
1879.
Mo..
1878.
1878.
A.tl. & Gt. West.. .November. $103,380 $342,433
$
$
Atlantic Miss.&O .November.
175,892 1,546,285 1,575,21©
179,970
Week
Range
Range since Jan. 1,1880.
Lowest.
20,485
42,950
1,275
Chicago & Alton....
Chic. Burl. & Quine*
■
09*4 68% 09%
26
2734 21
53% 57%
43
43%
55
5534
7334 7434
41% 43
43
175
....
follows:
Canada Southern...
Central of N. J
do
69
27
60
68% 6934
2534 26
leading stocks for the week endinsr Thursday,
prices for the year 1379 and from Jan. 1, 1830,
Shares.
do
10334 103%
76
70% 80
77%
30
3034 30
30%
133% 133% 130% 133
43% 43% 43% 44%
68% 6934 68% 68%
34% 3434 31% 34%
57% 58
57% 57%
30
3034 303| 31%
39% 41% 38% 39%
85%
3134
184
43%
69%
35
5834
*170
20
67
54
Week.
do
127
-Latest
1880.
180
Sales of
do
113
104
*
to
30% 32?
100% 101J
8134
134
132%
44
4234
70
67%
35% 3434
59% 58
30% 29% 30%
42% 40% 41%
09% 69%
Friday
Jan. 23.
41%
7134
80% 82
22%
3234
24%
65
64%
54% 52%
5234
43
4334
43% 42
do
pref. 54
54% 54% 55% 5234
do 1st prf. 72% 73
74
75
73
42
St.P.ASioux C. 39
40
42% 403
do
pref. 7334 79
78% 80% 79?
Sutro Tunnel.
3%
3%
3%
3%
8?
Union Pacific.. 9434 95
06
97% 933
Wab.St. L.A P. 43% 44% 42% 43% 48
do
prof. 67% 68% 00% 68
66%
West. Un.Tel. 103
104% 103% 105
10234
These are the prices Did and asked;
Total sales of
and the range in
Wednesd. Thursd’y,
Jan. 21.
Jan. 22.
[Vol. XXX.
64,775,731
14,447,092
1830.
Jan. 5
64,331.710
12'
19
04,090,423
05,104,061
15.063,259
15,802,394
10,417,981
52,015,168
51,415,739
51,505,795
51,580,453
40,609,121
52,817.943
53,224,187
54,442,640
54.709.355
54,812,858
54,586,094
11,433,106
11,430,589
11,445.171
11,500,647
11,516,320
11,568.656
11,788,858
11,795,906
11,814.680
32,011,855,
31,318,838
30,002,487
33.978,324,
35.100,893
38,204.123
38.061,70ft
42,733.257
44,106,759
52,253,087
54,606,178
51,527,260
54,901,998
55.027,309
40,780,076
43.148,041
64.548.184
11,932.085
11,992.523
11.985.600
12.011,733
12,021,266
42.399.083
52,893,593
12,059.841
12.072.760
45.951.014
50.218,107
54,369,797
12,032,360
50,508,285.
52,113,471
52.197.356
51.582,397
51,203,835
52,606,250
50,885,477
50,800,337
January 24, it80
THE CHRONICLE
]
New York City Banks.—The
following statement shows the
condition of the Associited Banks of New York City for the week
ending at the commencement of business on Jan. 17, 1880:
BOSTdV,
Capital. Loans
discounts.
Specie.
S
$
$
New York
Manhattan Co.
Merchants
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
600,000
Mechanics’
Union
America
Phoenix
City
Tradesmen’s....
Fulton
Chemical. .<■
300,000
Merch’nts’ Exch. 1,000,000
•Gallatin Nation’l 1,000,000
Butchers’&Drov.
300,000
Mechanics’ & Tr.
200,000
Greenwich
200,000
Leather Man’f’rs
600,000
Seventh Ward...
300,000
State of N. York.
800,000
American Exch.. 5,000,000
Commerce
5,000,000
Broadway
1,000,000
1,000,000
422,700
1,500,000
Mercantile
Pacific
Republic
Chatham
450,000
412,500
People’s
North America..
Hanover
Irving
:
Metropolitan
500,000
3,000.000
600,000
1,000,000
500,000
500,000
500,000
1,000,000
1,000,000
300,000
400,000
1,500,000
2,000,000
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental
Oriental
Marine ...:
Importers’ & Tr..
Park
Mech*. Bkg. Ass’n
North River
East River
Manuf’rs & Mer.*
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
N. York County..
Germ’n Americ’n
Total
7.022.000
6,537.000
4.519.800
3,457,000
6.872.400
3.171.800
1,576,000
12,331,600
3.487.400
4,003.800
1.246.600
'489,000
227,000
277,600
450.000
92,000
1.880.900
453.700
201.500
3,890,200
822.300
151.900
282,100
103.900
475.700
807.800
74,000
190,000
2.414.900
109.400
187,000
1.134.700
214.200
158,000
858.300
2.257.500
947,500
1.985.700
832,000
987.100
21,700
501.200
178.500
284.900
222.400
2,518.000
503.000
8,118,000
820,100
798.800
284.200
416,500
241.400
177.400
247.800
2,848,200
947,300
2.921.700
13,300.O00
14.166.200
5.413.700
3.822.600
2.064.300
17,000
59,100
5.231.300
032.900
581.300
*
3.408.400
2,019,500
6.450.200
2.691.100
11,284.000
638.500
213.200
270,000
1.275.400
417.300
287,000
2.402.000
454.000
1,967.000
324.300
2.284.100
49.900
370.400
203.100
192.100
137,200
890.700
285,000
2,009.000
55,500
3.585.000
6 <0,000
3.480.700
4.375,000
231,900,
925.500
1.512.300
30.000
588.000
3.053,000
17,800,400
8.430,000
2,330.000
4.815.700
058,100
2,700
473.000
37,400
630.000
450,000
1,400,700
2.997,000
900.000
180,000
1,125,000
400,000
5,400
1.902.200
53,000
409.400
6.230.800
2.530.500
10,823,000
800,000
437,900
24,000
270,000
2,012,000
2.133.900
3.900
2.103,000
1.709.200
447,0UO
450,000
450,000
3,794,000
2,015,100
4,294,300
1.436.500
77,000
273.800
270,000
138.000
509.800
607.700
S.153,000
19.900.500
4.000
766,200
356.400
1.097.6o0
17.273.300
536,000
357,200
570.300
133.900
100.900
5,000
71.200
225,000
2.955.400
1,213,000
1,232,500
845.700
250.700
15.689.500
7,009,000
2,671.000
4.716.400
1,493,000
209,000
597,000
6.552.300
1,373,000
750,000
2.222.200
247.700
307.100
300,000
2,798,500
503.300
729.000
342.000
311,300
339.100
460,000
141.500
12,507,200
0,529,800
81,200f
31.000
810,b66
874.200
286.000
94,000
125.700
205.400
1,093.700
1.264.800
2.131.700
2.759.900
450,000
800,000
270,000
224,000
180,000
270,000
60,475,200 276,990,900 53.558,600 15,914,200 253,731,900 21,635,900
last week.
as
The deviations from returns of previous week
Loans and discounts
Tnc.
Specie
Legal tenders
Inc.
:...Inc.
following
are as
Net deposits
a
follows
:
Inc.
$6,730,300
Dec. 2,177,000
Circulation
the totals for
are
Lo|ns.
1879.
•Jan. 3....
Jan. 10...
Jan. 17..:
1874,800
2,035,100
1,816,400
Specie. L. Tenders. Deposits. Circulation. Agg.Clear
242,0*7,100 23,74*8,600 604,1*97,943
banks for
following
a
Oct.
Specie.
$
129,447,200
8... 127,747,900
15.. 127,793,200
22.. 126,748.000
29.. 128.027,300
44
.■
Dec.
42,945,600
43,340,700
43,853,300
26,981,400
27,117,800
27,197,500
44,524,800
45,828.300
47,210.000
48,063,400
48,907,100
3,304,200
3.
10..
126,903,100
128,015.000
130,491,300
132,056,100
133,491,100
17..
24..
3,251,100
3,254,200
3,246,300
3,215,000
3,245,400
132,427,100
131.932,200
3,300,800
3,347,200
4,931,500
4,582,900
4,528.800
4,480,500
4,370,200
3,892,800
4,205.400
3.805.300
4,125.400
3,850,300
49,048,100
133,827,200
3,941.400
134,991,300 -3,822,800
137,132,900
3,813,300
4,093,400
5.418,900
50,379.600
50,866,800
51,882,200
130,650,100
132,221,900
5,302,900
45,500.856
57,139,771
55,617,710
27,973.600
29,311,100
50,085.200
50,802,500
50,137,300
49,842.700
48,392.118
28,140,300
28,372,700
51,724,400
50,769,100
3.594.900
44,932,820
27,836,200
28,557,300
29,041.000
3,474,900
3,014,800
44.012,556
47,305,800
27,376,900
27,545,100
49.152,400
51,108,100
3,682,000
4.329,000
•
1880.
.Jan. 5..
12..
19..
3,540,700
43.664.300
3,572.800
^2.
29..
*
3,347,000
3.267,100
4,375,200
4,182,000
4,180,900
4,034,000
4.838,000
131,484.000
131,046,000
130,931,700
Deposits.* Circulation. Agg.Clear.
$
3,202,900
1..
8..
64,281,244
66,499,862
65.241,372
69,300,177
29,554,300
29,865,300
30,289.000
30,607.100
30.867.500
81.090.300
65,753,821
62.129,120
51.019^806
31.101,800
66.207,539
31,280,300
71.705.752
31,336,000
74,242,072
BOSTON.
Atch. & Tcpcka 1st m.7s
114
115
do
land grant7b 113)4 114
do
2d 7s
128
129
do
land Inc. 8b..
Boston A Maine 7s
_
Albany 7b
do
6s
new.
108
102
83
...
^
Scott A Gulf 7s
Hartford A Erie 7s
Aan. City Top. A W.,
7a, 1st
fd°r do
City Lawrence
107
57
114
7s, Inc..
A So. 4l..
8t. Jo.&C. B. is.
84
•
•
•
s
•
•
88
...
....
Conn. *
Passumpslc
Eastern (Mass.)
Eastern (New Hampshire)...'
'29k
125
70
....
74k
29k
*
»>
1st
1st
deb.,coup.,’83
m.
6s, cp.,’96
m.7s, ’99
•
•
•
109
do
6s P.
120
....
B.,’96.
100
•
•
•
....
....
•
•
•
•
•
e
*
r*
,.
CANAL STOCKS.
aO
Lehigh Navigation
37k
IO*
3?k
lu
16k
Morns
do
pref
Pennsylvania
Schuylkill Navigation
do
pref...
Susquehanna
...
.
45
do
Camden &Amboy 6s,coup,’S3 106
do
6s, coup., ’89
iii'
do
mort. 6s, ’89
Cam. * Atl. 1st m. 7s. g., ls93
Cam. * Burlington C j. 6s,’97
Catawissa 1st,Ts, conv., Vj2..
do
chat, m., 10s, ’88
:i'0
do
new 78 1900
Connecting 6s, 1900-1904...... 103
.
Ibb'k
116k
East Penn. 1st mort. 7s, ’88 ..
EI.& W’msport, lut in., <s,’60. 103
85
do
5s,perp ... ...
-
•
•
2d mort. 6s, 19J0
•*
•
•
•
•
•
....
'65
iosk
..
Lehigh Valley, lst,6s,cp., 1891 <25
do
do reg., 1898...
do 2 i m. 7s, reg., 1910..
do
con. m., 6s,rg.,192< 110
do
do
6s,< p.,19J 113k
....
125
iib'k
io8k io»
k
116
gen. m.7s, cp.,1903.
•
•
•'•
....
96*k
70k
f
”W9
73
60
120
102
do
scrip....
118 •
Pa.*N.Y.C.& RR.78,1896
Pennsylv., lit m.t 6s, cp., *80.. 101k
....
do
do
do
do
do
•
86k
Hariisburg 1st mor*. 6s, ’83...
H. & B. T. 1st in. 7s, gold, ’90 ••••
2d m. 7s, gold, *95,
do
do
8dm. cons. 78, ’93# : 63
Ithaca* Athens 1st g d, 7s.,’S;
J unction 1st mort. 6s ’82....,
do
do
do
6s, cp., 1910.
6s, rg., 1910.
cons.m. 6 s, rg., 1905.
cons. m. Is. cp., 1905.
Navy Yard 6s, rg.’Sl
gen. m.
gen. m.
114
110
112
•
114k
ill*
•••
*•••
...
Penn. Co ,6s. reg
Perklomen 1st m. 8s,coup.,’9 <
Phlla. * Erie 1st m.6s, cp.,’81
do
2d vi. 7s, cp.,’88.
Phlla. * Read. 1st m.6s, ’43-’44
do
do
Sd m.,7s, cp..9:
do
do
deben., cp./wr
do
do
cps. ok.
do
scrip,1882
do
do cons. m. 7s, cp.,191!.,
115
110
96k 07
do 2d m.,gr. by W.Co.J&J 108 1115
115
do 6s, 3d in., guar., J.* J. 110
Mar. A Cin. 7s, ’92, F. & A
109
109*
do
2d, M. * N
7v* 80
do
8s, 3d, J. * J
41k 48
Union RR. 1st, gnar.,J. * J.. 110
do
Camon endorsed. 110
Cincinnati 6e, long
t 105
do
107
103
7s
do
7*308
t 115
do
South. KR. 7*30s.t 110k 117
107
do
do
6s, gold.} 100
Hamilton Co., O., 6s. long...+ 102
ao
7s, lto5yrs..t 103
do
7 & 7*30s, long.t 110
Cln.A Cov. Bridge st’k, pref. 120
Cin. Ham. & D. 1st m. 7s, ’80 + K0
100k
do
2dm. 7s, ’851 102
Cin. Ham. * Ind.,7s, guar.... 85
90
Cin. * Indiana 1st m. 7s
+ 105
ioo
do
2d m. 7s, ’77..t
Colum. * Xenia, lBt m. 7s, ’90 104
i02
Dayton * Mich. 1st m. 7s. ’81+ ioik
do
2d m. 7s,’84.+ 102
3d m. 7s, ’88+ look
do
Dayton & West, latm.,’81...+
ist m., 1905.+
do
do
1st m.6s, 190.> +&'
05
Ind. Cin. * Laf. 1st m. 7s
do
(I.&C.) lstm.7s,’8S+ 105
Little Miami 6s, ’83.
+ 100
Cin. Ham. * Dayton stock...
58
118
Columbus A Xenia stock
Dayton * Michigan stock.... 48
do
8. p.c. st’k, guar 110
118
Little Miami stock
$ per stnre.
§ Coa. to Jan., *77 fnn Jed.
ibi*
to
»•
••
50
120
LOUISVILLE.
Louisville 7s
+
do
6s,'82 to ’87
+
do
«s,’97to’9)»
+
do
water 6s,’87 to ’89.+
do
water stock 6s,’97.+
do
wharf 6s
..+
do
spec’l tax 6s of ’89.+
Louisville Water 6s, Co. 1907 +
Jeff. M.&l.lstm. (1AM) 7b,’’81+
do
2dm., 7s.
+
do
1st
103k
102k
102k
102k
102k
102k
102k
106k
100
its
m.,7s, 1906....+ 112k
Lonlsv. C. * Lex. 1 st m.7s,’97+ 112
Louis.*
Fr’k.,Loulsv.ln,6s,’8:
+ 102k 103k
m.Leb.Br.Ex.,7s,’80-85.+ 102k 103
Lon. In.
do
6s,’93...+ 102k 103
1st
i02k
115
*54
57
89k
89k
114
Jefferson Mad. * Ind. stock. 108
105
ST. LOUIS.
8t. Louis 6s, loni
106
water 6s, goiu
do
do
new
do
bridge appr.,g.6s.+ 106
renewal, gold, 6s.+ ioek
sewer, g. 6s, ’9i-2-3.t 106k
do
•
•• •
106
106
do
do
ao
ae’w.f
St. Louis Co.
In defav’t.
100
Lonlsv. * Nashville—
Leb. Br. 6s. ’86
103
112
do cons. m. 7s, rg.,i9ii.. 114k
•
115
110
109k 112
108
107
111
109
115
110
107k .10
112
100
CINCINNATI.
2dm. 6s.’85.. 106
8dm. 6s,’d7.. lu3
do
PItt8b.& ConuelisvJs,’sw.J&J
Northern Central 6s, ’85, J&J
do
6s, 1900, A.AO.
do 6s, gld, 1900, J.*J.
Cen. Ohio 6s, 1st m.,’90,M.& S.
W. Md.6s, 1st in.,gr.,’90,J.&J
1st m., 18W, J. A J...
do
do 2dm.,guar.,J.&J....
do
2d m.,pref
...
RAILROAD BONDS.
Allegheny Vai.,7 3-10s, 1896...
do
is, E. ext., 1910
42
do
Inc. 78, end.,’9i
Belvldere Dela. 1st m.,6s,1902. 108
•
47
-:8
75
#•••
luo
.
i4i'k
Boston* Maine.
119k 120
Boston* Providence
127
129
140
Burlington * Mo. in Neb
141
Cheshire preferred
55
Chic. Clinton Dub. * Min.... 67k 58
Cin. Sandusky * Clev
18k im
Concord
Connecticut River
141
105
90
•
....
75
141*
•
•
• • •
• • •
•••
•
....
135
84k Fitchburg
an. city.
108k 103k Fort Scott* Gulf, preferred
^an. <-ity St. Jo. & 0. B.. In.
do| 87
common.
Now York* New Eng. 7s.... lllWlll^
K. C. Law.* 8cutheru
OgdensDurg A Lake Ch.Ss...
K. C. ft. Jo. sb Council 1 luffa
.
••••
*
•
.
....
95
•
♦
....
KTonrs
At .-hi 01 * Nebraska
Boston * Albany
Boston * Lowel.'
.
.
...
iie
Atchlron * Topeka
Boston A Providence 7s
Burl. & Mo.f land grant 7s....
do
Nebr. 6s [Ex
do
Nebr. 63
Conn. A PasBnmpsic, 7k, 1897.
Kaotern, Mass., 4*s,
Fitchburg RR., «s
do
7s
Fort
....
....
Vermont * Canada, new 8s..
Vermont* Mass. KR.,6s
122
6b
Boston A Lowell 7s
,
Old Colony, 7s
OH Colony, 08
Omaha A 8. Western,8s
Pueblo A Ark. Valley, 7s
Rutland 63,1st mort
Bid. Ask.
•
119k U9k
CANAL BONDS.
Allegheny County 5s, coup
Chesap. & Dela. 1st 6s, rg.,’8C
Allegheny City 7s, reg ....,
Delaware Division 6s, cp./18.
Pittsburg 4s,coup., 1913....
do
Lehigh Navlga. m.,
92k ::::
5s, reg. & cp., 19
reg.,’84 107
do
mort. RR., rg .’9: 111
do
6s,gold reg...
116
do m. co :iv. g., r< g.,’94
do
7s,w t’rln.rg. Ac
do mort. gold,’97.... 104
do 7s, str.imp., reg.,’83-86. 107
do cons. m.7s, rg.,19ll 101k 102*
N. Jersey 6s, reg. and coup...
do
Morris, boat loan, reg., 1885..
exempt, rg. & coup.
"81
Camden County 6s, coup
Pennsylvania 6s, coup., ’.910..
Schuylk. Nav.lst rn.6s.rg.,’97. 103
Camden City 6s, coupon
do
2d m. 6s, reg., 1907 83
do
7s, reg.& coup.
do 6s, boat&car,rg.,19l8
80
Delaware 6s, coupon..
do 7s, boat*car.ig.,i9.5
Harrisburg City 6s, coupon..
Susquehanna 6s, coup.. ;9.8 .*
railroad stocks.*
BALTIMORE.
25
Camden * Atlantic.
31
do
do
pref
Maryland 6s, defense, J.& J.. 106 108
do
112
15&
6s, exempt, 1887..,.. 109
CatawiBsa.....
10k
49
do
110
do
6s, 1890, quarterly.. 107
pref
100
do
105
do
47k
new pref
5s, quarterly
Baltimore 6s, iS94. quart
106
108
luo
Delaware & Bound Brook....
106
do
109
6s,:886, J.* J........
East Pennsylvania
do
68,1890, quarterly... 112* 113
Elmira * Williamsport....... 33
5
112
do
114
ltf
6s,
do
do
pref..
park, 1390, Q.—M.
112
110
do
6s, 1893, M.&8
Har. P. Mt. Joy & Lancaster.
no
120
6s,exempt,’98.M.&S 115
io*
Huntingdon* Broad Top... io
115
118
do
do
do pref.
6s, 1900, G—J
iik
52
110
117
do
6s, 1902, J. & J
Lehigh Valley. . .
52k
do
51H
109k 111)
Little Schuylkill....,
5f, 19.6, new
56
118
120
Norfolk water, 8s
Mlnehill
RAILROAD STOCKS. Par.
63k
Nesquehonlng Valley
Bait.* Ohio....
100 152k 154
lUJik 103
Norristown....
113
116
52
CO
North Pennsylvania
ietprrf
do
2d
51*8 51k
104% 105
prtf
Pennsylvania
13;,
do.
Wash. Branch. 100 150
18k
Philadelphia* Erie
5
8
do
34!* 34**
Parkersb’g Br..5U
Pniladeiphia & Reading
154
Northern Central
50 32k 33
Philadelphia* Trenton
7
Western Maryland
9k
.50
Phlla.Wllmlng. & Baltimore.
40
isk 15k Central Ohio
50 38
Pittsburg Titusv. & Buff
31
25
7k
Pittsburg * Connell8vtlle..50
St. Paul & Duluth R.U. Com
RAILROAD BONDS.
do
do
pref. 02
155
156
Balt. * Ohio 6s, 1880, J.&J
100
103
United N. J. Companies
do
6s, 1885, A.&O. : 108k 110
West Chester consol, pref.... 35
33
N. W. Va. 3d m.,guar.,’85,J*J 105
108
West Jersey.*
do
SECURITIES.
•
•
Western Penn. KR. 6s,ep.’.899 102
118
1
Ilid. Ask.
SROURITIK8.
do
reg.
50,107,558
09.674,935
West Jersey 6s,
do
do
76,305.582
QUOTATIONS IN BOSTON. PHILADELPHIA AND 0T11EIR CITIES
.
old,
• •••
West Chester cons. 7s, ’91.
....
71,780,’580
Other than Government and banks, less Clearing-House
checks.1
.Boston &
do
6s,
ii3k
Texas * Fac. 1st m ,6s, g.,1905
do
cons. m.,6s,g.,1995
co
inc.Al. gr ,7s I9t5
Union * Titusv. 1st m. 7s, ’9C.
United N. J. cons. m. 6s, ’94.
Warren * F. 1st m.7s, ’96
Philadelphia, 5s reg.
the totals of the Boston
$
3,531,200
4,379,300
15..
**
L. Tenders.
$
3,271,400
27.=;
Nov.
$
120,225,106
6..
13..
20..
....
•
Loans.
1879.
Sept 1..
.
are
series of weeks past:
• •
....
Delaware Division
276,706,200 48,282,100 12,723.500
2<6,116,100 51,473,500 14,097,800 246,995,600 23,812,900
276,990,900 53,558,600 15,914,200 253,731,900 21,035,900 657,095,260
787,728|l98
Note.—With December 27 the Grocers’ Bank
disappeared from the list.
Boston Banks.—The
do mort., 7s, 189*2-3
90
92
Phlla. Wilm. * Balt. 6s, ’84
Pitts.Cin.&St. L. 7b, cou., lfiOo
do
do
7*. reg., 19 1
ShamoklnV.* Potts v. 7s, 1901 105k 106
Steubenv. * Ind. 1st, 6a, 1834.
Stony Creek 1st in. 7s 1907...
Sunb. Haz. A W.,l8t m.As,’2L
Sunbury & Erie 1st m. 7s, ’97.,
syra.Gen.A CornV.lsr.is.lws
Penna. 5s, g’d, int.,reg. or cp
do
5s, cur.,reg
do
"
fo»k
do
68,10-15, reg., l<77-’82. look
do
6s, 15-25. reg., l8S2-’92. 1U6
107
do
59k
....
...
do
-
new
car. 7s
+ And Interest.
107*
.6-.+ 107k 109
f
.
....
• •••
"53
Chesapeake* Delaware
series of weeks past:
9(>k
30
STATE AND CITY BONDS.
190.000
4.305.400
3.022.500
2.259.800
3.371.000
1.388.200
118
90
2:
Phi).* R. cons.m.6s,e.l.l9il. 105
do conv. 7s, 1393*
do
7s, coup, off, ’93 ’68k
Phil.AH.CoalAlron deb. 7s,«2
do
deb. 7s. cps.ofi *55
..
107
119
PHILADELPHIA.
622,900
257,009
875,000'
74
....
•
920.400
1,000,000
300,000
250,000
200,000
*No report; same
The
2.993 800
06,900
11.729.00O
1.240.200
1.348.600
1.093,300
793,566
149.900
1,013,000
167.500
10.043.300
611,000
#
32k
72
Rutland, preferred
Vermont A Massachusetts..
Worcester* Nashua
1,100
10,132,000
9.594.400
121.200
4.742.900
14,820,000 3,994,800
792,700
91,000
817.500
34,100
44,500
133,300
_
3>k
Pulln.ai Palace Car
Pueblo A' Arkansas
567,500
6.822.500
2.183.500
1.163.500
13,051,300
81.000
420.700
Ggdensb. & L. Champlain
pref..
400
5,222,000
131
do
Old Colony
495,000
4.002.800
5.572.700
2,781,000
52k
88
Norwich * Worcester
Bid. At*
SECURITIES.
:i3 k
52k
$
8,722,000
5,078,500
6.100.700
807,000
891.000
8.244.800
Nashua* Lowell.
*
400.000
1,144,000
1,132,300
350.000
937.800
2.829.000
Chase National..
$
475,000
Etc.—Continued.
Bid. Ask.
....
Net dept’s
Legal
Circula¬
other
Tenders. than U. S.
tion.
1,697.000
1,083,900
1,480,000
2.473.200
500,000
240,000
250,000
100,000
3,200,000
2,000,000
300,000
750,000
500,000
Bowery National
9,542,000
6.345.100
1.336.300
700,000
1,000,000
....
and
Ptf(LlOSLPf((l,
SECURITIES.
Average amount of
Banks.
87
THE CHRONICLE.
OF STOCKS AND
QUOTATIONS
U. S. Bonds and active Railroad Stocks
are
quoted
on a
previous
1
Ask.j
I Bid.
SECURITIES.
Alabama—Class A, 2 to 5
Class A, 2 to 5, small
Class B, 5s
Class C, 2 to 5
Arkansas—6s, funded
7s, L. Rock & Ft. Scott iss.
...
7s, Memp. & L. Rock RR
7s, L. R P. B. & N. O. RR.
.
7s. Miss. O. & R. I*
RR...
7s, Arkansas Ceniral RR.
Connecticut—6s
59% 60% Kentucky—6s
Louisiana—7s, consolidated
....
,
,
....
10
;
....
8
7
105
...
..
War loan
109%
4...
106
106
6s, due 1889 or ’90
:oc.%
or
do
do
....
6s,
i
1891
do
RAILROAD
Cedar Falls & Minnesota...
Chicago & Alton, pref
Chic. St. Louis & N. O
Clev. & Pittsburg, guar—
Dubuque & Sioux City
Frankfort & Kokomo
Harlem
Ind. Bloom. & Western—
Keokuk & Des Moines.—.
do*
do
pref.
Long Island
Metropolitan Elevated
N.Y. Elevated
N. Y. New Haven & Hartf.
Ohio & Mississippi pref
Pitts. Ft. W. & Chic., guar,
do
do
spec’l.
Rensselaer A Saratoga
Rome Watertown & Ogd...
103
§57
60
j|
§24%
120
111
58
111k
62
§16C
§44
§1934
110%
124
118
)
§63%|
..
11334 115
108
I
..
125
§32
153
Miscellaneous Mt’ks.
Adams Express
American Express
United States Express
107
Wells, Fargo & Co
American Coal
101
Boston Land Company
Boston Water Power
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining—
Climax Mining
Consolidation Coal of Md..
Cumberland Coal & Iron....
Excelsior Mining
Gold & Stock Telegraph—
§12
108
57
48%
48%
10134
60
§13%
62*4
64
§5
17
25
10
25
3?"
Homestake Mining
§5 %
...
Mariposa L’d & Mining Co..
do
do
pref.
Marylana Coal
Ontario Silver Mining
Pennsylvania Coal
Pullman Palace Car
Quicksilver
do
pref
Spring Mountain Coal
Standard Cons. Gold Mining
§2834
134
2%
Chesap.A O.—Pur. m’y fund
6s, gold, series B, int. def.
6s, currency, int. deferred
Chicago & Alton—1st mort.
Income
25
27
200
116
208
3934
11734
2''H 2134
65*4 67
58
§32%
107%
456-% 57%
50
8934
89%
105
6634
67
42
118
lie
i 103*4
10634
Sinking fund
...
6s, 1917, registered
Keok A Des M., 1st,
Central
g., 5s.
of N. J.—1st m., ’90.
1st consolidated
do
assented.
Convertible..'.
do
do
assent’d
Am. Dock & Impr. bonds,
do
assented
Chic.Mil A St.P.—lst,8s,P.D
2d mort., 7 3-10, P. D
1st m., 7s, * gold. R. D....
1st
1st
1 st
1st
1st
m., La C. Div
m., I. & M
m., I. & D
m., H. & D
m.'. C. Sc M..i
Con. sinking fund
2d
•
11534 117
*115
94
119
9534
106% 10634
107"
assented
Adjustment, 1903
Lenigh & W. B.,con.,g’d..
106%
11234
97
....
,109
*10?34?10834
12634 128341
116
111* 11234
111%
111
109
109
1123s
11234
114
108
mortgage
1st m., 7s, 1. & D. Ext
10734 108
3-west div., 1st 6s, 1909.. *10034 102%
1st 5s, LaC. & Dav., 1910. *8934
Chic. & Northw.—Sink, f’d.. 11034 112
Int. bonds
10534 106
Consol, bonds
Extension bonds
1st
122
110
112
lii '
mortgage
Coupon gold bonds
115%{110
Registered gold bonds.
115%
Sinking fund
*106% 107%
Iowa Midland, 1st m., 8s..
125
Galena & Chicago, exten. 106
....
Penlnaida. let
m.,cnr>v
Prices nominal.
•-
..
do
1868
New bonds, J. & J..
do
A.&O
Chatham RR
do
do
•
Consol, mortgage
115
110
110
C. St.LA N. O.- Ten. lien 7s *108
*107
1st con. 7s
Del. Lack. & West.—2d m..
10434 10534
7s, convertible
Mortgage 7s, 1907
lid"
Syr. BiL gb.&N. Y., 1st, 7s
112
124
1
I
i
....
.J
...J
114
Morris 4 Essex, 1st m
Consol. 6s. 1905
8834
2d mort...
do
11334
Income and land gr’t, reg.
8434
do
bonds, 1900
Pennsylvania RR—
constructs *103"
do
Pitts.Ft.WA Chic., 1st m. 125
do
7s of 1871. 112%
*....
do
do
2d m..
1st con.,g’d..
do
do
3d m.. 118%
11234
do
Del.& Ilud.Canal—1st m.,’84
....104%
*118
CleveA Pitts., consol., sX
1st mortgage, 1891
10534
4th mort...
do
*....106
do
extended.
Col. Chic. & I. C., 1st con..
88%
Ill
do
60
Coup., 7s,’94
do
2d con...
Ill
do
do 1st Tr’t Co.ctfs.ass.
Reg. 7s, ’94.
1st Pa. div., coup., 7s, 1917
do
do
11134
88%
suppl.
do
reg., 7s, 1917 . U1134
59
do 2d
do
ass.
Albany & Susqueh., 1st m. *.... 115
Phil.& Read.—Cons. coup.6s
100
do
2d mort..
Registered 6s, 1911
do
3d mort.. ilOO
Coupon 7s, 1911...
do
1st con., guar 109
10934
Registered 7s, 1911
Rens.& Saratoga, 1st,coup 124
Improvem’t, coup., 6s, ’OO
*..
125"
do
1st, reg.
89%
General, coup., 6s, 1908...
97
Denv A R. Grande—lst,1900
9734
do
do
7s,1908...
120
Erie—1st mort., extended..
90 "
12134
Inc. mort., coup., 7s, 1896.
2d mortg., ext’n 5s. 1919..
10434 105
Deb. mort., coup., 6s, 1893
107 1108
3d mortgage, 7s, 1883
Deb. mort., conv., 7s, 1893
4tli mortgage, 7s, 1880 ....
103341
Rome Wat. & Og.—Con. 1st.
693
113
5th mortgage, 7s. 1888 ....
St. LA Iron Mount’n—1st m 1153,
1st cons, gold 7s, 1920
117% 118
2d mortgage
102%
*116%
102
Long Dock bonds
Arkansas Br., 1st mort
Buff. N.Y.& E, 1st m., 1916 116
Cairo & Fulton, 1st mort. 106%
88
N.Y.L.EAW.,n.2d,con.,6s
88%
Cairo Ark. & T., 1st mort. 10134
do 1st, con., f, cp.,7s *115
11634 St. L. Alton & T. H.—1st m. 110
do 2d,con.,f.cp.,5s,0s
82J4 83
2d mortgage, pref
10234
109 ,10934
Han. & St. Jos.—8s, conv...
do
income
....'107
Hous A Tex. C.—lBt, m. l.,7s
Belleville & So. Ill., 1st m. *110*'
l8tmort., West. Div., 7s..
10534 St. PA Sioux C.—1st 6s.1919
9834
1st mort., Waco & N., 7s..
St. P. M. & Manit’a—1st, 7s. *106%
110
2d C., Main line, 8s
m%
2d mort., 6s, 1909
*9434
2d Waco &N., 8s
Tol. Peo. & W.—1st m., E.D.
98 ‘
Inc. and ind’y, 7s
1st mortgage, W. D
....
....
....
....
1!
!
89
89
Registered
89
Columbia—3*65s, 1924.
1st, ex land grant. 7s
HousA Gt.N.—1st,7s,g. 1900
ilnt.H. & Gt. No.—Conv.. 8s.
(Kansas & Nebraska—1stm.
j 2d mort
jjLong Island—1st mortgage,
i N.Y AGreenw. L.—1st,7s, n.
84%
123
121
2d
do
N. J. Midland—1st, 7s, gold.
2d mort
New Jersey So.—1st, 7s, new
N. Y. & Osw. Midl’d—1st m.
2d m.
do
Rec. certif’s assented
St. Joseph & Pacific—1st m.
2d mortgage
St. Jo. & Western stock
1’0
89
j
..,.
....j
89%;
6s, 1909
Mo.K A T.—Cons.ass..1904-6
2d mortgage, inc., 1911 —
H. & Cent. Mo.. 1st., 1890.
Mobile A Ohio—New m., 6s.
Nash. Chat. & St. L.—1st 7s
N. Y. Central—6s, 1833
(Brokers' Quotations.)
*
STATES.
r
-
-
-
....
10334 10534
....
...
do
1st m., 7s, reg—
N. Y. Elevated-lst, 7s, 1906
Ohio & Miss.—Consol, s. f’d
Consolidated
2d consolidated
125
..
Central of N. J—1908
110%
112
....
Ill
76
N.Y.LakeE.&W.Inc. 6s. 1977
St.L.I.M AS.—1st 7s,prf .int
2d int., 6s. accum’lative
..
Stock
112% Chic.&Can.So.—1st m.,g.,7s
Hi% Chic. & E. 111.—S.F.c’y,1907.
77
Income bonds
Chic. St.PA M’polis—lst.6s
Central Pacific—Gold bds. 109
109%
Landgrant Income, 6s
San Joaquin Branch....
102% 103
ChicA Southwest.—7s. guar
Cal. & Oregon, 1st
102
Cin. Lafayette & Ch.—1st m
State Aid bonds
*104
Cin A Spr.—1st, C.C.CAI.,7s
Land grant bonds
1st m.,g’d L.S.&M. 8., 7s:
*104%
Western Pacific bonds..
105%
Denver Pac.—1st,7s,Id. gr.,g
South. Pac. of Cal.—1st m.
Erie & Pittsburg—1st m., 7s
Union Pacific—1st mort.. 109%
Con. mortgage, 7s
Land grants. 7s
113
114
7s, equipment
Sinking fund
117%' 117% Evansv. & Crawfordsv.—7s.
Registered, 8s
».
*115
Flint & Pere M.—8s, I’d gr’t
Pacific RR. of Mo.—1st m. 107% 108
Consolidated 8s
2d mortgage
.•
Stock
*....;10834
Income, <s
Galv- HousA H.—7s, g!d,’71
1st m., Carondelet Br...
Gr’nd R.&Ind.—lst,7s,l.g.gu
South Pa'V of Mo.—1st m.
102%
1st, 7s. Id. gr., not guar..
+ And accrued interest.
-
T
-
-
.
.
,
.
....
.
* No
107%
‘
.
#
.
New Orleans—Prem., 5s—
Consolidated, 6s
Railroad, 6s
Norfolk—3s
115* *
9i%|
86
l
Savannnah—Cons., new, 5s.
RAILROADS.
Ala.&Chat.—Rec’rs ctfs.var
61%
66
68
6334
68
63% Charl’te Col.& A»—Cons., 7s
2d mortgage, 7s
03%
TS\
73%.
49%
47^
49
'
40
88
7234
72%
85
103
98
60
16%
80
62
&
108%'110%
99 1102
price to-day; these are latest quotations made this week.
(S. Carolina RR.—1st m., 7s.
! 7s, 1902, non-enjoined
(West Ala.—1st mort., 8s....
8s,
.
f
*
t
30
82
^
A
95
05
29
34
30
guar
100
107
110
80
85
103
166"
104
108
66
112
....
•
endors
jSouthw. Ga.—Conv., 7s, ’86.
I Stock
;
2d mort.,
t
50
90
64
95
100
105
105"
*'*
ids
110
103
6s
Stock
Greenville A Col.—7s, 1st m.
Memphis& Cha’ston—1st,7s
2d, 7s
Mississippi Cent —1st m., 7s
2d mort., 8s....
Miss. & Tenn.—1st m., 8s, A
1st mortgage, 8s, B
N. O. & Jacks.—1st mM 8s...
Certificate, 2d mort., 8s...
Norfolk & Petersb.—1st, 8s.
1st mortgage, 7s
102"
2d mortgage, 8s
9034 93
107
110
Northeast., S. C.—1st m., 8s.
2d mortgage, 8s
90
93
Rich.A Dan.—1st consol., 63
102
104
84’
95
104
106
74
80
100
90
95
100
106
62
Georgia RR.—7s
110
110
63
15
66
98
108
95
109
108
95
88
111
East Tenn. & Georgia—6s..
E.Tenn.A Va.—6s,end*Tenn
E. Tenn. Va. & Ga.—1st, 7s.
Stock
7s, guar
Macon & Aug.—2d,
100
107
114
102
108
71
104
50
Stock
38
73
88
95
105
107
60
13
62
95
75
101
105
110
97
105
67
90
75
85
20
20
20
50
18
25
30
40
30
85
85
28
81
27
•*'*
8s
Richmond—6s
75%: Atlantic & Gulf—Consol—
50
Consol., end. by Savan’h..
Cent. Georgia—Cons, m., 7s
62
75
70
105"
Petersburg—6s
115
Miscellaneous List.
ex cp
Bost. & N. Y. Air-L—1st m.
Cent, of la.—1st m., 7s, gold
2d
111
114
*
Water works
Augusta, Ga.—7s, bonds—
Charleston, S. C.—Stock,6s.
7s, F.L
Columbus, Ga.—7s, bonds..
Macon—Bonds, 7s
107
86
35
92% Atch AP.P’k—6s,gld,
‘
Atlanta, Ga.—7s
ll6"
8434
....
67
102% So.Carolinar—Con., 6s (good)
90
80
Rejected (best sort)
104
+ 103" 105"
M.&S.
9334 Texas—6s, 1892
112
7s, gold, 1892-1910 .. J.& J. + L11
7s, gold, 1904
J.& J. H12 113
10s, pension, 1894.. .J.& J. +99 101
107
36
38
10-40s
9534 Virginia—New
CITIES.
Compromise
Mobile—5s, coupons on
8s, coupons on
40
6s, funded
,9934 99% Montgomery—New
5s
111%
New 3s
100% 100%
Nashville—6s, old
101
105
6s, new
100
INCOME BONDS.
RAILROADS.
-•
N. Carolina.—New 4s
(Broker*' Quotation*.)
109
*125%.
div
126
125
108
101
45
4
70
t
Endorsed M. & C. RR
105
114
46
90
90.
80
St.L.VandaliaA T.H.—lstm *107
109%
93
+90
2d mortgage, guar
Duth Side (L. 1.)—1st mort
94% 96%
100
South Minn.—1st ra.. 7s, ’88.
100
105
1st mortgage, 7s (pink)....
95
Extension
68
Tol. Can. S.& Det—1st, 7s, g
97
101
Union & Logansport—7s—
96
104
U. Pac.—South Branch
Memphis—Bonds, C
Bonds, A and B
94%
*11534
1900, registered
Spring. V ’y W.W orks—1st 6s
91
Oregon R. & Nav.—1st, 6s
2d pref. debentures...
3d
do
4th
do
iff* 106
Harlem, 1st m., 7s, coup,
1st m., Springfield
Pacific Rail roads—
West. Un. Tel.—1900, coup.
120
M loo’
103%
N. Y. C. & Hud., 1st m., cp.
do
1st m., reg.
Huds. R., 7s, 2d m., s.f.,’85
Canada South., 1st, int. g
St.Chas.B’dge,lst, 7s, 1908
North Missouri. 1st m., 7s
Chic.St-.LAN.O.—2d m. 1907
Col.Chic AInd.C.,ine.7s,1890
Ind’s Bl. & W’n—Inc.. 1919..
Leh. & Wilkes B.Coal—1888
109% 110% Lake Erie & W’n—lnc.7s,’99
103%
Laf. B1.& Mun —Inc. 7,1899
68% Mobile& O.—1st pref. deben
106
6s, 1887
6s, real estate
6s, subscription
Consol, conv., 7s
Gt. Western, 1st m.. ex cp
do 2d m. ,7s.’93,ex cp
Q. & Tol., 1st, 7s, ’90,ex cp.
Ill A So. la., 1st m.7s,ex cp
St.L. K.CA N.R. EA R.,7s
Omaha Div., 1st mort.. 7s
15
95
90
61
44
87
68
65
85
57
no
70
28
79
29
85
46
16
no
95
Southern Securities.
125
10
96
90
106
07
....
65
1st pref. inc. for 2d mort.
1st inc. for consol
Wabash RR.-Mtg. 7s of ’79.
80
_
Bur. Div.
TAWab., 1st ext.7s,
1st St. L. dlv.7s,ex mat.cp.
2d mortgage ext., ex coup
Equipment bonds, 7s, 1883
89%
72
4334
St.LA San F.—2d m.,class A
89"! 2d mortgage, class B
do
class C
88%
j St.L.& S.E.—Cons., 7s, g.,’94
...
do
'
32
94
80
104
94
36
80
53
105
63
25
76
27
75
.
....
..
.
ilndianapolis & St.L.—1st,7s
(IndianapA Vine.—1st,7s, gr
International (Tex.)—1st, 7s
..
Dub. & Sioux C., 2d div... *105
Cedar F. & Minn., 1st m.. *102
115
Ind. Bl’m. &W.—1st, pref. 7s
1st mort., 7s, 1900
-7334 74
2d mort., 1909
62%
Lake Shore—
Mich S. & N. Ind., s. f., 7s. 10934 111
Cleve. & Tol., sink. fund..
108%
do
new bonds.; 108%
119
Cleve. P’ville & Ash., 7s..
Buffalo & Erie, new bds.,. iis*
Buffalo & State Line, 7s..
Kal’zoo & W. Pigeon, 1st.
Det.Mon A T., 1st, 7S.R906 11534
119
120
Lake Shore Div. bonds...
do
cons. coup.. 1st
12034
do
cons, reg., 1st.,
12094
115
do
116
cons. coup.. 2d.
115
116
do
cons. reg.. 2d ..
LouisvA Nash.—Cons.m.,7s 114
11534
2d mort.,7s, gold
10434 105
105
Cecilian Branch, 7s
Nashv. & Decatur, 1st, 7s. 106%
96
L. Erie & West.—1st 6s, 1919
9634
Laf. Bl.&Mun.—1st 6s. 1919
93
Marietta & Cin.—1st mort.. 108’ ’ 110
1st mort., sterling
5%
3534
BONDS.
lst m., 6s, ’95, with cp.ctfs *118
1st ra., 6s, ’96,
do
115%
1st m..7s.Leav.br. do
103
1st m.7s,RAL.G.D’d, do
1st ip.,78,land gr’t,’80.do
2d mort., ’86
114
do
Inc. coup. No. 11 on 1916..
82
Inc. coup. No. 16 on 1916..
85
90
Den. Div. 6s ass. cp.ctf...
106% 107
Texas & Pac.—1st, 6s, 1905.. 105
Burlington Div
2d mortgage. 1886
Consol., 7s, 1910
Pur. Com. rec’pts, lst.E.Dl
do
1st, W. D.
5%
S3
31 3*
31
21
20
20
75
51
30
Small
D. of
1
t
.
Ask.
8%
....,
5%
101
109
AND
0s, nnw sprins
Virgina—6s old
6s, now, 1866
6s, new, 1867
6sj consol, bonds
n1r mat.nrnd nonpon
! fis,
6s^ consol., 2d series
1
1
....
STOCKS
6s, Act Mar. 23, 1869.)
Nnn-fundahlr.
)’ "
./
TnnnpsspR—6s, old
j
'
Kansas Pac.--
10534 106
11734
10734
*
15
3
5*-4
6s, 1886
113
j
9%
class 2
class 3
Bid.
Rhode Island—Os.coup.^S-Q
South Carolina—
1
28
28
&
Ohio—6s, 1881
107341
Chicago, 1st m...
Louis’a & Mo., 1st m., guar *110% 115
do
2d 7s, 1900.
..1107%
St. L. Jack. & Chic., 1st m. 11234 11334
Metropolitan Elev—1st,1908 ioi%
Miss.Riv.Bridge,lst,s.f,6s
Mich. Cent.—Cons., 7s, 1902 *119
Chic. Bur. & Q.—8 p.c., 1st m
10934
1st mort., 8s, 1882, s. f..
Consol, mort., 7s
II834)
*90*
Equipment bonds
100
Joliet &
^5e,viaif
$h}j£ing
l! fund
P.—6s, cp.,191?
•
illl.Cent.—DubASioux C.lst
Railroad Bonds.
Stock Exchange Price*.
Balt. & O.—1st 6s, Prk.b.1019
Boat. H. & Erie—1st m
1st mort., guar
Bur. Ced.RA North.—1st,5s
MinnA St. L., 1st, 7s, guar
•
be,
par may
SECURITIES.
:
..
156%’157%
Terre Haute & Indianapolis
Toledo Peoria & Warsaw..
LaPlatta Mining
Leadville Mining
Little Pittsburg Mining
•
off, J.&J.
off, A.&O.
Funding ant, 1866
coup,
coup,
Ask.
1
116
116
26
20
110
110
90
90
....
Stonington
United N. J. RR. & Canal..
106
106
106
116
A ,%• O
do
do
MISCELLANEOUS
Chic. & Mil., 1st
Winona & St. P., 1st m. ..
do
2dm....
C. C. C. & Ind’s—1st, 7s, s. f.
Railroad Stocks.
(Active previously quoted.)
Albany & 8usguehanna....
Boston & N. Y. Air L., prei'.
Burl. Cedar Rapids & No...
.
AND
!
....!
103%
103%
1887..
York—6s, gold, reg.,’87
6s, gold, coup., 1887
6s, loan, 1883
....
""1
1
109"
New
....
Carolina—6s, old.J&J
6s, old, A.<fc O
No. Car. RR.,'J. & J
do
104%
...
North
161
’83
Univ., due ’92.
Funding, 1894-95
Hannibal & St. Jo., 1886..
lii
109
114
or
Bid.
SECURITIES.
York—6s, loan, 1892
6s, loan, 1893
4734
1*0%
6s, due 1886
6s, due 1887
6s^ due 1888
Asylum
.
J
46
Missouri—6s, due 1882
...
....
4634
Prices represent the per cent value, lohalever the
BONOS.
New
Michigan—6s, 1883
7s, 1890
...
15
0
Ask
7s, small
....
65
101%
7s, new
7s, endorsed.
7s, gold
Illinois—6s,coupon, 1879...
Bid.
SECURITIES.
NEW YORK.
IN
BONDS
page.
STATE
[Vol, XXX]
.
68
•
92
102
108
115
05
no
no
108
106
109
115
102
100
107
102
103
58%
•
•
70
102
101
94
105
111
117
100
112
•
-
112
♦ * •
•
9
„
A
112
*
•
•
•
104
no
105
107
61%
no
110
114
114
10
40
20
75
25
PAST-DUE COUPONS.
Tennesssee State coupons.
South Carolina consol
Virginia coupons
do
consol, coupons...
§ No quotation to-day; latest
•
•
80
sale this week.
'•
January 24, 1880
THE CHRONICLE.
J
NEW YORK
Sank
Capital.
Companies
LOCAL
89
SECURITIES.
Stock List.
Insurance Stock List.
Pf
Dividends.
Surplus
latest
dates. §
[Quotations by K. S. Bailey, Broker, 7 Pine 9treet.]
at
Mark’d thus (*)
are not Nat’S.
1
js | Amount
Net
Period 1877. 1878.
1(X 8,000,000 1,412,100 J. & J.
Exchange HX 5,000,000 1,288,900 Vl.&N.
10C
=250,000 196,800 F. & J.
Bowery
25 1,000,000 1,215.100 I.& J.
Broadway
83,1’*)0 J. & J
Butchers'* Dr. 25 800,000
880,60 i 1.&J.
Central
100 2,000,000
Chase
100
60,600
300,000
140.400 J. & J.
Chatham
25
450,000
Chemical
100
300,000 3,261,000 01-m’Iy
Citizens’
25
158.400 J. & J.
600,000
100 1,000,000 1,441.300 M.&N.
City
Commerce
100 ’•,000.000 2 820.000 r.& J.
Continental
100 1,000,000
140,300 !.&J.
Corn Exch’ge*. 100 1,000,000
830,100 F.&A.
69, >00 !.&J.
East River
25
250,000
11th Ward4
25
14,000 r.& J
100,000
Fifth
100
39,000 f. & J.
150,000
Fifth Avenue*. 100
100,000 201,0 0
First
100
500,000 1.767,700 Q-J.
Fourth
100 3,200,000 1,005,200 r.&j.
Fulton
30
600,000 87d,800 \f.*N.
710 001 A..&Q.
50 1,000,000
Gallatin....
57 100 h\& A.
German Am.r
75
750,000
German Exch.* 100
60,10;- May.
200,000
Germania*
100
57.V80
200,000
15.20J VI.&N.
Greenwich4.... 25 200,000
30
23,000 r. & J.
Grocers4.....
225,000
Hanover
212 fl ■(• i. & J
100 1,000,000
Imp.* Traders’ 100 1,500,000 1/36,300 j. * J.
50
500,000 138.0 K) r. & j.
Irying
Island City*... 50
4,400 J. & J.
100,000
Leather Manuf. 100
600,000 421 400 j. & j.
Manhattan4
50 2,050,000 1,027.700 F.& A
Manuf. & Mer.* 20
100,000
10,500 J. & J.
Marine
100
116.000 I. & J.
400,000
Market
100
500.000 2*1,400 J. * J.
Mechanics’..... 25 2,000,000 989 703 J. & J.
Mech. A8soc’n.
50
500,000
09.500 M.&N.
Mech’ics & Tr. 25
200,000
8,100 M.&N.
Mercantile
100 1,000,000
151,90) U &N.
Merchants’.
50 2,000,000
6'3,S00 J. & J.
Merchants’ Ex. 50 1,000,000 151,100 J.&J.
Metropolis*.
50 700 J. & J,
100
300,000
Metropolit an.. 100 3,000.000 872,800* J.& j.
Muriay Hill4.. 100 100,000
77.2 0
Nassau*.
100 1,000,000
45 400 M.&N.
New Y'cr*
100 2,000.000
717.500 J.& J.
N. Y. County.. 100
200,000
65,800 J.* J.
N. Y. N. Exch. 100
800,000
70,900 F.&A.
Ninth
750,000
91,800 J.* J.
100,
No. America*.
70
700,000
123,600 1. & J.
North River*.
80
240,000
70,6f0 J. & J.
Oriental*
25
300,000 173.000 J.* J.
Pacific*
50
422,700 211,500 Q-F.
Park
100 2,000,000
332.500 ). * J.
People’s*
25
412,500 129,000 J. & J.
Phenix
20 1,000,000
186,500 J. & J.
Produce*
50
53.600
i2o,ot;o
8
Am.
lan.. ’80. 34
Nov, ’79 3
116
8
0
54
12
10
8
8
11
10
Jan., ’80.
1
Jan., ’80
Jan., ’80
9
100
0
Sept. ’79
Jau., ’8').
.
0
10
10
6
..
8
...
10
10
04
....
8^
io
5
8
3
Adriatic........ 25
A£tna. ..,
100
3H
3
3
6
107
110
American
125
Amity
50
American Excb 100
12
.
0
10
0
6
7
3
7
14
8
5
0)4
12
8
Jan., ’80
Jan., •80
12
6}<>
10
7
Noy;
’79.
Oct., ’79.
Feb., ’80.
Mali ’79.
’79.
May, 79.
’17.
Jan., ’80.
JmD.’, ’60.
Jan.; ’80.
tJan., ’78.
Jan.i ’60.
AUg. ‘79.
>ujy. ’79.
J in., ’80.
Jan.,' *80.
7
6
7
14
8
3
11
8
...
100
Atlantic
50
25
25
17
Citizens’
20
70
City
Clinton
100
Columbia
30
Commercial
50
Continental.... 100
40
Kagle
Empire City.... 100
30
Exchange
50
Farragut
17
Firemen’s
Firemen’s Fund 10
10
Firemen’s Tr
Franklin&Emp 100
Bowery
Broadway
Brooklyn
139
...
T
.
5
3)4 111
34
113
24
5^
3
3
3
German-Araer. 100
34
i’15
7
4
3
230
Germania.
Globe
Greenwich
Guardian..
Hamilton
Hanover...
.
135
4
84
*4
34
1879.*
Amount
Dividends.
1870. 1877 1878.
143
Ja 1., ’80. 25
6 >. ’80. 3
®
+ •
Nov, ’J9. 5
J an. ’60. 4
136
Ian., ’80. 3)4 105
Aur. ’79. 5
J in., ’80. 3)4
July ’70 3
Jan., ’SO. 3
100
04
....
Jan., ’80
Surplus,
July 1,
Companies.
Par
*
America4
Capital.
Bid
Last Paid.
Hoffman........
Home
50
50
25
100
15
50
50
100
25
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50
200,000
4,877 10
200,000 -10,944 25
400,000 1460,19; 15
200,000
68,826 10
8
200,000
10
200,000
300,000 348,757 20
200,000 298,201 20
210.000
15
15
5
10
20
483/81 20
20
163,191 20
174
250,000 145,144 20
300,000
-1,422 10
200,000
100,780 25
1,000,000 1,040,755 11-45
531.670
800,000
30
200,000
80,008 14
200,010
105,240 20
200,000 135.8S2 15
68,253 15
204,000
10
150,000
150,000
73,673 12
200,000 147,083
1,000,000 82-4,547 10
1,000,000 703,104 30
200,000 124,936 20
200,000
339,629 40
28,078 10
200,000
150,000 127,694 20
500,000 639,569 10
56,883 10
200,000
3,000,000 1,179.594 10
10
20
10
10
10
10
12
12
13
10
20
10
20
10
10
20
10
12
20
30
20
10
20
18
20
14
20
17
Bid. Ask.
•
20
20
13 40
20
10
10
15
10
N’ne
11
70
200
185
190
’80.10 170
’80.10 190
"79. 5 117
’80. 5 115
50
120
6
6-85 175
175
5
34 95
100
5
74 120
84 93
5
5
8
5
22
10O
..tt
105
130
74
34
74
Jan., ’80. 5
5
5
5
10
130
180
190
10O
107
....
7
5
10
30
7
174
65-
Dec., ’<9.10
Aug. «9. 8
10*
10
10
40
55
125
9+
50
July*. > 5
20
Jan.,
20
Jan.,
10-72 Aug.,
12
Jan..
N’ne
18
’78. 34
:*». 0
Jan., 80. 5
Jan
’77. 4
Ian..
10
18
5
25
12-50
20
14
15
15
12
10
12
10
30
20
40
.July
10
N’n
Last Paid,
Ju’y, 78. 5
iS*
..
4
10
20
20
20
197,692
153,000
300,000
10
Pbice.
135
130
no
250
65
120
154
t-5
.
13>
r
„
70
165
91
125
569 10
1S0.000
10
3>t 55
94,260 12
98
5
500,000
10
9
100
86,070 12.
1055
200,000
Importers’* T..
10
2)4
7,453 10
60
70
Irving...
200,000
3
10
74
’!9.
Jefferson
135
July,
200,010 +288,638 10
5
24
10
0
0
’79.
80
3
1&8.040
167
20
May,
10
Kings Co.(Bkn)
150,000
20
7^
3,420 10
55
Knickerbocker
0)4 Jau., >0 84 128
280,000
5
5
0)4
120
Jan., ’80. 3 * 81
125
5
150,000 143,H3 20
82
Lafayette(Bkn)
10
93,141 10
Jan,, ’SO. 3)4
Lamar.. .;
95
1055
200,000
10
io
io
J n., ’n0. 5^
35,537 10
Lenox
85
5
150
150,000
10
12
120
.iuly, ’79. 0
5
200,000 260,704 20
Longlsl.(Bkn.)
16
6
5
31,194! io
Nov. ’79. 24 80
Lorlilard
70
80
4
800,000
10
7
Manuf.* Build.
135
140
T4
Jan., ’80. 4^ 140
0
200,000 203,802) ii
12
8
8
100
Manhattan.....
100
July, ’79. 4
250,000 119,904 14
5
10
8
8
Mech.&Trad’rs’
Feb.. ’80. 84
100
0
200,000 240,935 30
20
3
95
’80.
20
179,801
160
150,000
7
Jan.,
24
Mech’ics’(Bkn)
20
0
J uJy," ’77. 3^
87
38,280 10
75
Mercantile..
5
200,000
10
120
Jan.; ’80.
Merchants’
130200,000 153,269 20
5
10
ii
10
98,541 20
Montauk (Bkn)
11G
Jan., ’80. 4^
200,000
5
12
12
10
Nassau (Bklyn)
200,000 165,652 25
105
Feb., ’80. 24
7
150
20
0
0
117
National
100
io»5
Jaa., ’80. 3
10
119
37*£ 200,000 104.695 10
10
304,366
8
20
N. Y. Equitable 35
j m,, ’80. 34
150
210,000
20
5
0
90
0
115
New York Fire 100
200,000 133,855 20
14
5
Jan., ’79. 3
21,126
’74. 3>^
N. Y. & Boston 100
eo
70;
200,000
N’ne
Juiy,
Republic
617 600 F.&A.
100 1,500,00 1
22,054 io” 10* N’ne
New York City 100
05
0)4 ”0
Au./. *79.
300,000
5
St. Nicholas... 100
f 00,000
123,000 F.&A.
i
454,23
10
50
123
12
500,000
11
0
Jan., ’f>0. 3^
Niagara
Seventh ward. 100
3
55,400 J.& J.
3
J ulyi ’78. 3
300,000
100
North Elver.... 25
iio
11
350,000 114,976 12
10
4
Second
86 300 J.& J.
100
400/203
10
30
800,000
9
25
200
’8».
Pacific
5
20
30
10
Jan.,
200,000
Shoe * Leather 100
102,046 20
204,000
10
200 000
500,000
J.
J.
10
100
&
127
Park
108
’80.
4
20
12
6
'an.,
ixth
100
40.700
7
6
Peter Cooper... 20
180
20
150,000 198,687 20
20
10
July. ’79. 3
State of N. Y. 100 200,000 250.300 J. * J
800,000
M.&N.
7
7
50
112'
18
12
150,000 104,055 20
0
So\, ’79. 34 117&
People’s
Third
100 1,200,000
103,503 J. & .1.
497,251
3
20
8
50
1 an., ’80. 84
117
Phenix (Bklyn)
20
15
5
1,000,000
Tradesmen’s.
40 1,000,000
267 700 J. & J.
9
100
Produce Exch.
N’ne
200,000
Jan., ’80. 34
34 100
Union
66 *,200 M.&N.
50 1,200,000
46,949
8
10
50
*90
Belief
’79.
10
4
141
200,000
5
Nov,
West Side*.... 1001
24,638 10
8
8
100
200,000 117.8C 0 J. & J.
10
75
800,000
5
Republic
July. ’79. 0
84 08
13
100
12
200,000
10
5
gewood.;./. 100
193,078
J^e ?5ure,8«iu
thIs column are of date Dec. 12,1879, for the National banks, and Rutgers*..
25
25
160
20
200,000
20
10
of date
Dec 13 for the State banks.
ilOO
200.000
105
t6i?
16
8
Safeguard
15« 16
70
Gas and City Railroad Stocks and
St. Nicholas.... 25
10
9
10
5
200,000
23,325
Bonds.
Standard
50
200,000 160 272 11-55 1235 6-23
3-23 120
fGaa Quotations by George H. Prentiss. Broker. 24 Broad
Street.!
Star
100
100
5
105
500,000 148,074 15
174
80
!00
10
200,000
34,310 10
Sterling
84 70
Gas Companies.
14
25
16
5
112
llff
200,000 143,401 20
Stuyvesant
Date.
Par.
Amount. Period.
Bid.
Ask.
25
10
100
105
25
20
300,000 106,523
5
Tradesmen’s....
3
*
12
10
5
123
128
United States.. 25
250,000 210,962 16
Brooklyn Gas Light Co
10
10
10
10
5
no
25 2,000,000
800/00
101,565
Wftgtchester...
Var.
5
Nov. ’79 115 j 118
Citizens’Gas Co (Bklvn)
20
0
20
20 1,200,000
203
250,000 403,862 20
Var.
Willlamsb’g C. 50
24 July, ’79 CO * 55
do
bonds
l,C0O
1898
315,000 A.&O. 7
!00
105
Harlem
50 1,850 000 F.&A.
3
Feb. ’78 40
45
Jersey City & Hoboken
!.
20
’80 140
750,000 J. & J. 7
•
Jaa.,
152
Over all liabilities. Including re-insurance, capital tnd a :rip.
Manhattan
tlnclujiveo
50 4,000,000 J. & J.
5
160
Ju-e, ’79 152
scrip.
Figures with a minus sign (—) indicate extent of impairment.
100
5
iM.&
S
Metropolitan
Feb
’80 113
2,500.000
120
ao
certificates
V r. 1,00$0
[vf. & S 3* Feb.. ’80 95 100
City Securities.
Mutual, N. Y
100 5,000,000 Quar.
14 Ju y. ’79 52
57
do
bouds
1,000 1,000,000 F.& A.
1882
10)
104
I Quotations by Daniel A. Moban, Broker, 27 Pine Street.]
Nassau, Brooklyn
25 1,000,000
Var
55
24 ZetL. VO 50
Va
do
scrip
’79 85
700,000
M.&N.
95
34
Nov,
INl’EttKST.
Peiok.
New York
100 4,000,000 'M.&N. 4
15
vay, ’79 90
B >nda
People’s (Brooklyn)
10 1,000,000 J. & .7. 34 Jan.. ’70 25
30
Rate.
Months
do
due.
Bid.
Asl
Payable.
do
bonds
1,000
1897
90
800,000 M.&N. 7
95
do
do
certificates.
Var.
J. & J. 34 Jan., ’80 75
300,000
85
Central of New York
NtW York:
50
>,...
’79 50
466,000 F.& A. 3
6)
1880
...1841-68.
5
100
101.
Water stock
Feb., May Aug.* Nov.
Williamsburg
50 1,000,000 Quar.
14 Jai.. *80 65
75
do
do
1890
104
5
105
do
Croton water stock..1845-51.
scrip
Yar. 1,000,000 J. & J. 34 Jan., ’80 95
100
do
do
104
do
do
..1852-60.
1883-1990
6
107 '
Metropolitan, Brooklyn
100 1,000,000 M.&N. 24 Jan., ’80 50
60
do
do
6
14384-1911
106
112'
Aqued’ct
Croton
stock.1865.
Municipal
100 1,500.000
5
a'l.. •80 138
150
1HSW-1900 110
124
7
do
May * November.
do
bonds
pipes and mains...
750 000 M. &N. 6
1888
105
110
0
nar'
do
repervoir bonds
Feb;, May, Aug.* Nov. 1907-1911 109
:
do
(»o
1898
100
5
1Q8
Central Paik bonds. .1858-57.
[Quotations by H. L. Grant. Broker. 145 Broadway.]
....
74
4
July, ’79. 4
’79.
2
Nov,
7
8
2
106
120
140
Hope
Howard
...
.
#rf
(
.
■
,t#r
-
*
*
1
*
*
-
*
•
*
*
....
V
...
t
-
*
.
.
18* ig*
..
W
"
•
••t
„
,
.
„
.
.
do
100
1st mortgage..
100
l»l mortgage
1 £00,000 J.&D.
Brooklyn City—slock
2,000,000
1st mortgage
B •oadway
900,000 J. & J.
004,000 J. & J.
2,100,000 Q-J.
(Brooklyn)^tock...
100
100
1st mortgage bonds
Btshwlck Av. (Bklyn)—stock..
1,000
C.rural Pk.\ y,dk E. River—stk.
100
100
OoT»aol1d*«ted "’ortgaee bon'*
1,000
B Cuds'.
1,000
100
Q-F.
300,000 M.&N.
200,000 Q-J.
400,000 A.&O.
800.000 J. &
500,000 J. & J.
1,800,000 J & J.
1,200,000 J.&D.
0*0,oro J. & J.
.
.
250,000 A.&O.
Dry Lock, E. B. ABattery—sik
100 1,200.000 Q-F.
1st mortgage, cons’d
500&C
900,000 J.&D
Eiihth Avenue—stock
100
lslm>rtgage
2dt*i. A Grand St Perry—stock
Ut mortgage....
Central 'Yone 'down- slock.
...
1st morse
>ee
Boustm, West st.APavJT'y—stk
Ut m
Second
•
-
rtg ge
Av.nuc.~- stock.
3d m it aee
Co us. Convertible
Exte ia on
Sixft Avenue-stock..
lstmortg ge
.......
.;
«■
-
...
.
Third Are tut—stock*,
I»■•.!
igage
Twenty 'Mrn. Siteet—sloe a...
1st morteape
I’M-
coibiun
.
1,000
100
1,000
100
1,000
Too
500
100
1,000,000
203,000 J. & J.
748,000 M.&N.
286,000 A.&O.
20o;66o
M.&N.
250,000
500,000 T. & -T
J. & J
A.&U.
M.&N.
A.& 0.
M.&N.
J. & J.
Q-F.
1. & J.
J & J.
250.000 M.& N.
‘iivide.f* * on aUtr.i *
*
H Jan., VO
J’ly,190o
Jan., ’80
Ju y,
15
95
20
974
72M>
’84 104J4
84 Nov., 70 145
7
3
3
7
2
7
3f
7
7
7
7
JaD., ’SO
100
85
Dec.1902 105
40
1893
85
Nov. ’79 tos
June, ’93 108
Jan , ’80 145
Jan.. ’8t 100
Ncv. ’79 no
Apr., ’93 no
25
Nov.1001 99
10
7
July, ’94 95
24 Jan., ’80 41
7 lApr , ’85 100
7
May, ’88 90
7
Sept..’83 90
5
diiy. ’77 12)
7
July, ’901105
6
STOV., ’70,135
7
luly, ’OOilOt
4
ug. ’79 V 2
7
May. ’03 103
o
1?75.
1865-68.
do
Market stock
1524
Consolidated bonds
Street Imp. stock
do
do
102
95
65
01H
1870.
Impovement stock.... 1869
,
1888
..1858-65.
no
Dock bonds
75
106
no
Nov., ’80 102
Jan., ’80 1 \74 150
95
Jan
100
’80
24 Jan., ’80
3
7
bur, me 0>ie
SlIzq extra div. of 7 pc - cat, making 10 per cent.
7
2
7
000,000
1,199,500
1,000
150,000
1.000 1,050,000
200,000
J00
750,000
415,000
1,000
100 2,000,000
1,000 v.000,000
100
600,000
1,000
Q-J.
1
do
t.o
,
....I8t9.
var.
var.
var.
New Consolidated
Westchester County.......
Consoli fatei
Assei meat
6
7
6
7
0
7
lg?
6 g»
7
ft
5
1074
45
95
115
112
_
f
no
180
115
274
101
20
100
46
1024
05
95
•
•
•
•;
do
do
M«y * November.
May & November.
do
.
do
do
do
do
do
do
do
do
do
January & July,
do
do
Qua“t°rly.
May « November.
malar,ty ut bonds.
108
120
107
117
07
100
122100
118
108\
102
113
116
•
102*
115
105<
118
105
115
1101
105
102
10ft
108.
102
113
[Quotations by N. T. Beees, Jr., Broker, 1 New st.]
Brooklyn—Local irn »r’em’t
.....
City bonds..... ....
do
Park bonds
Water loan bonds
Bridge bonds
.
Waier loan
City bonds
Kings Co. bonds
do
do
7
7
7
7
7
6
6
7
6
Ja mary & Jaly,
do
do
do
do
do
do
do
do do
do
do
do
May & November.
no
4o
January * July.
Park bon 6s
do
Bridge
•All Brooklyn bonds flat.
do
•
115
150
105
1' 6
105
1895
1901
1898
1894-1897
1889
1879-1890
1901
1888
1879-1882
1896
1894
1920
1884
[Quotations by C. ZabbiSXie, 47 Montgomery St..
Jersey Guy—
Watei loan,long..
.
do
..1861-71.
Improvement7 on is.., ....
....
Bergen bond*........
0
7
7
7
January & July.
January & Juiy.
J. & J. ani J & D.
January and Ju'
1879-1880*
101
1881-1895 102
1915-1924 122
1900-1024; 121
1004 1912,120
103
111*
124
12?
123
1899-19051109
113
1881-1895 102
m
1880-18«3| 100
Ut
110
114
113-
l880-lS85ili'4
•1924
,1U
1907-1910 111
Jersey City.]
P«
1895
1899 1902 107
189.-94 102
1900
100
10O
1<»K
1+5
101
TBE CHRONICLE.
Junes t men ts
Twenty-third
(For the
AND
lowing
The Investors’ Supplement is published on the last
Saturday
of each month, and furnished to all
regular subscribers of the
Chronicle.
No single copies of the Supplement are
sold at the
office, as only a sufficient number is printed to
supply
regular
subscribers.
'
187456. 2439-80
year
Slreet Riilroai.
ending S ptember 30, 1879.)
Engineer give3 the fol¬
The report to the New York
State
STATE, CITY AND CORPORATION FINANCES.
ANNUAL
[Voi. XXX.
Paid
:
capital
$600,000
Funded debt
Floating debt
.
.
371 655
30*730
RECEIPTS.
From passengers
From other sources
s
$460,551
10,167
For
REPORTS.
PAYMENTS.
transportation
:
For interest
For dividends at 8 per cent
Other payments
$328,226
27,215
!!!.!*"’ll..I 48,000
Darlington & Missouri River Railroad in Nebraska.
79,500
(For the year ending December 31, 1879.)
GENERAL INVESTMENT NEWS.
The following compendium of the annual
report for 1879,
including the leased lines, has just been issued :
American Union Telegraph.—A
The average mileage of 1879 was 442*03
press dispatch from Chicago,
miles, against 376*31 Jan. 22
miles in 1878—an increase of 17*46
says : “ The controversy that has been
per cent.
The tonnage was
going on for
several months between the American
487,105 tons in 1879,
Union Telegraph Com¬
against
1878—an
of
379,879
in
increase
28*20 per cent. Though the
pany and the Western Union Company in
earnings for the year were seriously sion
regard to the posses¬
of about 2,000 miles of wire
affected by the low rates
for five months to Kansas- Western
prevailing
belonging
to the Great
Missouri River points, they reached the sum of
Telegraph
Company,
has
been
finally
settled
in favor
$2,160,926,
against $1,909,518 in 1878—an increase of 13*17 per cent. The of the American Union Company, which gets full control and
net earnings of 1879 were
$1,417,091, against $1,244,829 in 1878 use of all the lines and property of the Great Western Com¬
—an increase of 13*84
per cent. The expenses and taxes of 1879 pany in fifteen days, with the right to begin at once the work
were $743,835,
against $664,689 in 1878—an increase of 11*91 per of repairs. These lines extend from Chicago to Milwaukee,
from Chicago to Omaha, via
cent.
The percentage of
expenses to earnings was, in 1879,
Davenport, from Omaha to St.
30*62, against 31*02 in 1878—a decrease of 00*40
Joseph and Kansas City, Mo., and Ottawa and Atchison,
per cent.
The from
Chicago to Decatur, Joliet, Bloomington and Peoria. Kan.,
percentage of expenses and taxes to earnings was, in 1879,
The
work
of repairs has
34*42, against 34*80 in 1878—a decrease of 00*38
already begun, material for that purpose
per cent.
having been shipped some time ago.”
EARNING8 AND EXPENSES.
1879.
Boston Land Company—The annual
1878.
Increase.
Earnings
L
report of the directors
$2,100,926
$1,909,518
$251,407 of the Boston Land Company
Expenses and taxes
743,835
gives
the
amount of property
664,689
79,146 owned
by them, as follows : 780 acres on Breed’s Island,
ana
Net earnings
..$1,417,091
$1,244,829
$172,261 the Sales estate in Revere, embracing 270 acres, and costing,
COMPARATIVE STATEMENT OF EARNINGS
with improvements, taxes, etc., more than
AND EXPENSES FOR SEVEN
$800,000, the present
YEARS ENDING WITH
1879.
capital stock at par value. The report says: There are now
P. c. of
ninety-six buildings upon the property, viz., eighty-seven dwel¬
op. ex.,
Net
lings houses and cottages, two hotels or
includ’g
Year.
Earnings. Expenses. Earnings.
boarding
houses, one
Taxes.
Mileage, taxes. store, one schoolhouse, two railway stations,
1873
car house, repair
$626,428 $344,214 $282,213 $49,183
55-0
shop, cafe building, and a resident population of about' 590.
797,217
351.277
445,940
83,780
44-0
The sales of land during the
723,843
351,643 *372,199
72,143
240-24
year have been 138,586 square feet,
48-6
903,618
,
....
1877 ....1,366,435
1878 ....1,909,518
1879 ....2,160,926
382,670
520,948
806,854
1,244,829
1,417,091
559,581
* 664,689
743,835
LAND
South Platte lands
North Platte lands
44,726
52,613
72,345
82,036
240-26
353-88
376-31
442*03
DEPARTMENT—LAND SALES.
1689 sales, of 177,('95 acres, for
696 sales, of 192,336
acres, for
Total
2,385
369,431
Average per acre of total sales, $4 30.
TRIAL BALANCE, DECEMBER
31, 1879.
v
o.
Dr.
Lands sold (1,574,392-06
Expensesacres)
$8,556,782 Taxes, commissions and
Interest to
accrue
on
contracts
Forfeited payments....
Special deposits
Extra interest and rent
of lands
I
Town lots........
Total..,
$1,266,458
321,053
$1,587,511
2,495,788
495,817
96,201
62,673
2,941
*
Due of principal on
9,574 sales—(1,138,164-17 acres)
Due of interest on same
Other good assets
Paid Assist’t Treasurer
Total.
HAND.
New York & Manhattan Beach.
year
5,816,528
1,260,875
1879.
$500,000
-
829,000
45,000
Floating debt
975,000
51,000
Cost of road and equipments
990,666
1,397,918
Length of main line, 18 95-100 miles; number of
passengers carried.
1,062,986; tons of freight carried, 12,073.
TRANSPORTATION EXPENSES.
Maintaining road-bed
-Repairs of machinery
Operating expenses
10,320
164,605
RECEIPTS.
From passengers
$259,287
From freight
17,218
From rents
3,958
From discount on stock
received from Manhat¬
tan Beach Improvement
Company Line
16,000
PAYMENTS.
For transportation
$176,955
For interest..;...',
70,171
For dividends at 16 p. c..
80,000
For rentals to other roads.
35,000
For balance of profit and
loss account
1,095
For subscriptions
1,015
For taxes on real estate..
1,302
For steamboat service
1,632
For water supply
1,915
For trustees’ fee for
sign¬
ing bond
For payments to surplus
fund
ASSETS.
$2,029
500
9,205
Glendale & East River RR.
174,636
Brooklyn
<fc
Rockaway
Beach R. R.
New York Bay & Jamaica
R* R
Equipment account
Material
Discount
on
on
Office and
ture
hand
101,143
56,211
s
bonds
station furni¬
Aocounts receivable
Real estate
Stock of Manhattan Beach
Improvement Co. Line,
A.
Cedar Falls &
2,040,383
1878.
$
receipts have been
holders.
44,382
ending S ptember 30, 1879.)
are from the report to the New York
Paid capital
Funded debt
The
acres.
$49,276,
and expenditures $19,101. The question
of land dividends has
been discussed by the directors, and without
coming to any
definite conclusion, it has been
thought desirable to offer an
amendment to the by-laws, under which such
dividends would
be practicable, if upon further consideration such a
distribu¬
tion of land should be deemed for the interest of
the stock¬
Minnesota.—There has been recently much
activity in the stock of this company. The road was leased to
.$11,710,204 the Dubuque & Sioux City Railroad Company for 40 years,
from January 1,1867, and the Illinois Central
leased the
283,532-45 Dubuque & Sioux City subject to the first-mentioned lease, and
508,499-58 operates both roads, under a contract
expiring October 1, 1887.
8,337*23 The rental of the Cedar Falls &
Minnesota RR. is $1,500 per
mile of road, with little prospect of more than that.
South Platte
North Platte
Due from United States
figures
for the sum of $7,783 02, or an
average of about 5% cents per
square foot. Four lots, comprising 25,778 feet, have reverted
to the company for the sum of
$1,280 51, in consequence of
the default of purchasers,
leaving the net result equivalent to
sales of 112,808 feet far $6,502 51, or about six
cents per foot.
The plans of Mr. Alexander, it is
stated, are not abandoned,
but, on the contrary, he will soon return to put them into exe¬
cution. The mortgage on the wharf lot has been
paid during
the year, and there is no encumbrance of
any description upon,
the property. The
company, owes no debt whatever. The
assets, exclusive of land, amount to $123,781. The landed
prop¬
erty consists of 800
disbursem’ts $2,091,904
Discounts allowed
191,900
Premiums for improve¬
ments
264,230
Assets—
LANDS ON
The following
State Engineer:
34-42
all other
.$11,710,204
(For the
42-3
40-95
34-80
Corbin, Trustee
202,426
20,693
115,632
4,322
32,211
4,000
550,000
33,889
Central Branch Union Pacific.—This road has been turned
to the Missouri Pacific, by which
company it will be oper¬
ated as a division. General Superintendent
Talmadge says
that the branch from Blue Island to
Marysville will be imme¬
over
diately built, and through
cars run
St. Louis to the Union Pacific.
by way of Atchison from
Central Pacific.—The N. Y. Tribune reported on
Jan. 21 that
syndicate of prominent bankers had been formed for the pur¬
pose of buying a large block of Central Pacific itock.
Nego¬
tiations for the purchase of the stock had been in
progress for
two weeks, but the contract has not been
fully consummated,
although its terms are understood to be substantially as fol¬
lows: Mr. C. P. Huntington, Vice-President of the
Central Pacific
a
Company, in behalf of himself and the other owners of the
road, sells to the syndicate 50,000 shares of the stock, and
gives an option for 50,000 shares more. The price paid for the
stock is understood to be 75, bat 80 will be
paid for the second lot
in case the syndicate shall take the
option. This privilege
extends over six months..
Payment for the stock is to be
made in cash, and no change will be made in the
manage¬
ment of the road.
Almost the entire stock of the
company
has been held by the original builders—Leland
Stanford, C. P.
Huntington, Charles Crocker, C. F. Crocker, and Mark
Hop¬
kins. The members of the syndicate which is' to
Capital stock
take the
$500,000
stock are reported to be R. P.Slower &
First mortgage bonds
500,000
Co., Prince & Whitely,
Second mortgage bonds..
300,000 Hatch & Foote, Kuhn, Loeb & Co., Hallgarten & Co.,
Certitlc’ts of mdebtedn'ss.
May*&
97,500 King, Marx & Co., I. & S.
Wormser, Philip Speyer & Co., Fisk
Scrip certificates
77,700 & Hatch,
Bills payable
Brewster, Sweet & Co. of Boston, William R. Travers,
5,o00
Accounts payable...
1,253 ■ August Rutten, Morton, Bliss & Co., Speyer Brothers & Co. of
Surplus
9,205 Holland, Russell Sage and Jay Gould. An executive
i
committee,
Cash
on
hand
LIABILITIES.
*
January
THE CHRONICLE.
24, 188C._,
consisting of R. P. Flower, J. D. Prince, and J. D. Probst, has
been chosen to conduct the affairs of the syndicate. The stock
will not be sold by subscription, but a portion of it will be
offered on the Stock Exchange.
Champaign Havana & Western.—The World money article
recently reported that Mr. Sumner R.* Stone, acting under a
.
91
the latter, and a committee was appointed
to arrange the
transfer. At the meeting the committee reported that the]
hey
had received all the warrants and securities, and
they advised the organization of a new company, to be known as
the New York & Texas Land Company, for the purpose of
disposing of the land and securities; the
new company to issue
proportion to the amount held by
Eower
purpose,
'rexel, Morgan & Co. a majority of
the mortgage income bonds each. The report was adopted and the committee instructed
and of the stock of the Champaign Havana & Western Rail¬ to take the necessary legal steps to organize the company as
road Company, late the I. B. & W. extemnon. The bonds were stated. At the meeting $4,000,000 out of the $5,000,000 of the
sold at par, and the stock at $1 per shape, payable and deliver¬ second mortgage bonds outstanding were represented.
—Messrs. J. S. Kennedy & Co. now advertise that the Pur¬
able on the 30th inst. The contrast of sale guarantees the
same terms to the
mingrity^in cas^ they see reason to avail chasing Committee appointed under the agreement of the 20th
themselves of them at that
September, 1878, for the reorganization of the International
& Great Northern Railroad
Company, desire to dispose of
Chicago & Eastern Illinois.—The Chicago Times reports
that the Chicago & Eastern Illinois has just leased in per¬ $600,000 of the first mortgage 6 per cent gold bonds provided
to be issued under said agreement. The bonds are secured
by
petuity the Evansville Terre Haute & Chicago Railroad, which a
purchase-money mortgage; are dated 1st November, 1879,
will extend it from Danville, its present terminus, to Evansville.
and have forty years to run from that date ; interest and
The Eastern Illinois agrees to pay 6 per cent interest on the
prin¬
bonded debt ot the Evansville Terre Haute & Chicago, which cipal are payable in gold coin. "The total issue of these bonds
is $5,624,000 on 519 miles of completed
railroad, and further
amounts to a rental of about 177,000 per annum.
The leased issues are limited to
$10,000 per mile and only on completed
line is fifty-six miles long, and has a branch line of seventeen
miles to the Indiana block coal fields at Brazil, making a total railroad. Sealed proposals will be received at the office of J. S.
of seventy-three miles. The length of the Eastern Illinois, Kennedy & Co., No. 63 William street, New York, until 12
o’clock on Saturday, the 31st instant.
from Chicago to Danville, is 128 miles, and its Indiana Branch
has a length of twenty-four miles.
Lehigh Valley.—The report presented at the annual meet¬
ing,
Jan. 20, shows that the total coal tonnage was 4,415,284
Chicago & Paducah.—A telegram from Springfield, Ill., Jan.
tons,
21, says a final decree was that aay entered in the United States from being an increase of 935,691 tons over 1878. The income
all sources, including interest received from
investments,
Circuit Court foreclosing the mortgage upon the
Chicago & etc., amounted to $6,540,363;
operating expenses of the road,
Paducah Railroad, fixing the amount due for principal and
interest at $3,710,509, and ordering the road to be sold at Chi¬ $2,996,981 ; net income, $3,543,382. Of this amount there were
cago by John A. Jones, Master in Chancery, after sixty days’ paid for interest on bonds, dividends, etc., $3,520,019, leaving
$23,363 to be carried to the credit of the profit and loss account.
notice.
Louisville & Nashville—Louisville Cincinnati & Lexing¬
Connecticut Valley.—The time for this company to redeem
order to be in time for the next
ton.—In
its property, by paying up arrears due on the first
consolidation,
mortgage one of the morning papers reported thatgreat
the Pennsylvania
bonds, expired January 1. The road remains in possession of
the State Treasurer of Connecticut as trustee, but it is under¬ Railroad—formerly known as the “great Pennsylvania gob¬
stood that the bondholders will soon complete arrangements to bler”—would proceed to gobble up the Louisville & Nashville
and all its tributaries. This is indignantly denied by the offi¬
organize a company and take possession of the road. There cers of the Louisville
& Nashville, who claim that their com¬
will be no sale, the property passing to the bondholders under
is
pany
itself
in
the
of a gobbler and not a gobblee. But
position
a strict foreclosure.—/?, i?. Gazette.
the New York World says that President Thomas A. Scott, of
Flint & Pere Marquette.—The gross earnings have been as the
Pennsylvania Railroad, and other officers of the Pennsyl¬
follows:
vania system, came to New York to consider the
propriety of
For six months ending Dec. 31,1879
$629,817 joining hands with the Louisville & Nashville Railroad to lease
Same time, 1878
566,370 or buy the Louisville Cincinnati &
Lexington Railroad. A joint
lease on a basis of 4 per cent, to be guaranteed in
Increase
equitable
$63,447
proportions by the Pennsylvania and Louisville & Nashville
A press dispatch from East Saginaw says that
during 187J railroads, has been suggested. The Louisville Cincinnati &
the land department of the Flint & Pere Marquette
Rauroac
disposed of 38,642 acres of land at an average per acre of Lexington Railroad runs from Louisville to Cincinnati and
$19 23, the total amount received on sales account being from Louisville to Lexington.
Louisville & Nashville—Nashville Chattanooga & St.
$743,803 70. Operations were larger than during any year
since 1871.
Louis.—The sharp competition for a long time carried on
between these rival companies was terminated at last
The Boston Advertiser says :
by the
As the shares of this road are now selling in the Boston market the
Louisville & Nashville officers purchasing a controlling interest
following outline of the proposed plan of reorganization, whieh differs, in the Nashville
Chattanooga & St. Louis stock. Early in
in some respects from previously published reports,
may be interesting
_to those concerned. The plan proposed is to fund one year’s coupons of December the N. C. & St. L. proposed a consolidation, each
the land-grant bonds and the Holly Wayne & Munroe bonds into a 6
company to receive share and share alike in the new enterprise.
per
cent bond. The consolidated mortgage bonds (about
$4,000,000), with The proposition was rejected, and the negotiations were pro¬
the four years’ overdue coupons, are to go into preferred
stock, while longed, but without success.
In the mean time the Louisville &
the present stock of the road is to be changed into common
stock, and Nashville
not “ wiped out ” or scaled dowu as has been
people had been buying Nashville & Chattanooga
reported.”
Grand Rapids & Indiana.—For the eleven months to stock, and secured a majority by purchasing the stock owned
November, 1879, the net earnings were $371,872, so that, by Mr. Vernon K. Stevenson, president of the Real Estate &
estimating for December, it is probable that the net earnings Trust Company, 115 Broadway, and his son, Vernon K. Steven¬
son, Jr., by Thomas W. Evans and his son, David L. Evans,
for the year 1879 will be $400,000. During the
year 1879 the and
by C. C. Baldwin. These gentlemen owned the greater
company sold 17,000 acres of pine and 14,200 acres of farming
lands, receiving therefor $360,805, an average of nearly $15 per part of the Nashville & Chattanooga stock and agreed to sell it
to the Louisville & Nashville.
It was then supposed by the
fccVe.
Louisville & Nashville parties that they had control, and the
Illinois Central.—The following notice was posted
up in the L.& N. stock jumped up to 121. At this time the situation became
company’s office : The rumors of the consolidation of the Chi¬
interesting, as it appeared that under the charter authorizing a
cago St. Louifc & New Orleans Railroad Company and the Illi¬ certain division of the Nashville & Chattanooga Railroad, the
nois Central Railroad
Company are unfounded. The majority consent of two-thirds of the stockholders was
necessary to
of the stock of the Chicago St. Louis & New Orleans Railroad
ratify any measure. The New York Times of January 21 said:
is now, and has been since the
^ T
organization of that company, “Tliisspe ' ’ ’
the property of the Illinois Central.
who, having
—The Evening Post money article says: “ There has been so road, thougl
chase to be made public. When the news reached Col. Cole, president of
much misrepresentation about the Illinois Central and the Chic¬ the
Nashville & Chattanooga
Company, who had not been consulted, and
ago St. Louis & New Orleans railroads that we have taken the whom the new deal would have deprived of office and authority, he at
once
saw his opportunity, and, hastening to Chattanooga, telegraphed to
trouble to get a statement of the facts from a high official, and
a pool of seven New York Wall street
of attorney given for the
had sold to Messrs.
stock to the bondholders in
“
it is as follows: The Illinois Central
Company owns $1,600,000 of the first mortgage bonds of the Southern line called the
Chicago St. Louis & New Orleans Railroad Company; it also
about $5,000,000 of the second mortgage bonds,
and
more than half the
capital stock of the said company. The
road to New Orleans makes nearly a straight line from
Chicago.
The whole distance is about 912 miles. The road was purchased
in August, 1877, since which the Illinois
Central, being the
managing owner and largest proprietor, has kept the property
in charge of its vice-president, Mr. James C. Clarke.”
has
„
brokers, which he knew had
formed a few days ago, and had purchased 60,000 shares of the company’s
stock (par value $25) .at 90 to 92 per cent on the supposition that the
contemplated deal would advance the price still further. He briefly
disclosed to them the situation, and asked them to hold on to the stock
at all hazards and everything would be well. Meantime, however, the
stock began to decline rapidly, to the great dismay of the pool, on the
disclosure of what had been accomplished. Col. Cole’s information was
godsend to them, albeit he did not offer to take the stock off their hands,
they might extricate themselves from their pre¬
dicament, not only without loss but at a profit. They went at once to
a
for it showed them how
the Louisville & Nashville representatives and laid the matter before
them, offering to sell the stock in their possession at 95. Telegrams of
inquiry were hastily dispatched to the South, and answers were received
confirming Col. Cole’s statements. The Louisville & Nashville people
needed 40,000 shares to give them two-thirds of the capital outstanding,
and there w« s no other for sale except that which was held in the hands
of their enemies, the supporters of Col. Cole, and an inconsiderable
quantity owned by private speculators. They offered the pool their own
terms for the requisite number of shares. The offer was refused. An
answer wras returned that it must be all or nothing.
This the Louisville
& Nashville people would not agree to, and they made an attempt to
International—Houston & Great Northern.—A
meeting of
holders of the second mortgage bonds of the Inter¬
national & Great Northern and Houston & Great North¬
ern
railroads was held at the office of Messrs. J. S. Ken¬
nedy & Co.' These roads were sold under foreclosure
proceedings in November, 1878, and were purchased of the
holders of the first mortgage bonds. A plan of
reorganization frighten the pool by going into the market and vigorously hammering
was agreed upon by which the first
the stock down.
the
mortgage bondholders
possession of the roads and .to transfer to the
second mortgage bondholders certain lands, town
bonds,
&c., in exchange for their bonds. This was agreed to by
were
to take
.
*
3
They succeeded in forcing it to 80
per cent ana
5,000 shares at 83 per cent, but 3 o’clock came and
they were still 35,000 shares short. In this dilemma they were forced
to re-open negotiations with the pool, and a meeting was arranged for 8
o’clock last evening in the Fifth-Avenue Hotel, where the entire 60,000
managed to
secure
92
I HE CHRONICLE.
•fcliares wore transferred to the Louisville & Nashville interest at 95 per
•cent, giving them 25,000 shares more than the requisite two-thirds of the
-capital of the Nashvillo & Chattanooga Road, and placing the success of
the combination beyoud peradvcnture. Poor Col. Cole continued to pour
telegrams into the offices of the pool brokers all day, advising them to
stand firm. His last dispatch, received after 3 P. M., lead, “Hold the
fort. I have the key to the situation.”
rm
The Times further reports of the negotiations, that the l
,
,,
-
ipfiaa
fa fliA rmrnliQCa onrl eola r\f flia moiArifv nf flia TVaaliparties
to the purchase and sale of the majority of the Nash¬
ville & Chattanooga Company’s capital stock, met in the Conti¬
nental Bank Tuesday afternoon, and had a settlement.
amount of cash
paid
$2,800,000,
The
33 1-3 per cent,
or $1,400,000.
The
balance, or
was discharged by a transfer of Louis¬
ville & Nashville Railroad 6 per cent debenture bonds at par,
payable in four years. To secure these, an equal amount of
was
the purchased stock was deposited in trust in the Continental
Bank, to be there retained until the bonds shall have been
paid off. Vice-President Newcomb says that it is now pro¬
posed, instead of making a new issue of stock, to retain the
present outstanding certificates on both roads.
New Jersey Midland.—The reorganization committee give
notice that holders of first or second mortgage bonds can
deposit them with the Central Trust Company of New York,
and receive transferable certificates up to Feb. 10, on payment
of the assessment of 1 per cent on the par value. About 95
per cent of
the first mortgage bonds have been deposited.
Bondholders not joining with the committee will be shut out
from all benefits of the proposed purchase of the road. Holders
of Central Trust Company certificates of deposit can have
them transferred to their own names and new’ certificates
issued,
on
payment of
a
fee of 75 cents
per
$1,000
par
value.
New York Central & Hndson River.—The great purchase
of the stock of this company in a single block of 250,000 shares,
which created such a sensation in November last, has been
.followed by the offering of the entire lot for sale in London and
New York.
The advertisement of Messrs. Drexel, Morgan
Co. and
others stated that “Messrs. J. S. Morgan & Co. will invite sub¬
scriptions in London,
to 22d of January, and the New York
o’clock on Thursday,
January 22, when they will be opened and awards made. The
credit and status of the company are so well known, that it is
scarcely necessary to make any public statement, but the Com¬
mittee think it not out of place to mention that since the con¬
solidation of the New York Central Railroad in 1853, down to
.the 30th September, 1879, the companies now composing the
up
Committee will receive sealed bids up to 3
New York Central & Hudson River Railroad
Company have
paid to their shareholders cash dividends aggregating no less
.an amount than $107,959,000, besides
expending an undivided
surplus of $9,100,539 on' the property. Further, during the
eight years ending the 30th of September last, the official
records of the company show that the property has regularly
paid to its stockholders cash dividends of 8 per cent per annum
on the present capital stock, and, in addition, earned a
surplus
to be known
The
as
Vou XXX
the New York Ontario &s Western
western Railway uomComof the directors are as follows : C. N. Jordan,
names
giny.
Amy, Horace
8. Taylor, Edwin Parsons, W. C. Whitney, 0.
S. Williams, Theodore Houston, W. 8. Bartlett, Coe F.
Young,
N. A. Cowdrey, W. H. Fenner, Jr., Edward
Livingston, and L.
H. Meyer. C. N. Jordan was elected president, and Theodore
vim-,
^
’
k
^ '
The new company will issue no bonds
whatever, as abundant
cash
has-been received to pay the expenses of foreclosure and
re-organization. Another strong point for the new company
is-in the fact that all of the bonds and stock of the- old com¬
rm
pany
which
come
in under the re-organization plan (except the
first mortgage bonds) pay large assessments in cash.
The following stock may be issued
by the new companj',
in exchange for old liens tand stock : ■
Preferred stock to be issued for receiver’s certificates
Common stock l'or lirst mortgage bonds and interest
•
all
$2,000,000
13,000,000
The following stock may be issued on
payment of 20 per
cent cash within 30 days from Jan. 22, 1880:
For second mortgage bonds (interest to
Mav, 1879)
For equipment bonds (interest to April, ] 879)
For consolidated bonds (interest to
May, 1879)
Interest on the foregoing, about
Floating debt and interest to January 1, 1879, about
Western extension bonds endorsement, about
$4,000,000
3,800,000
1,400,000
4,000.000
7.200,000
3,500,000
.
The following may be issued on payment of 30
per cent
within six months from Jan. 22, 1880:. *
For old stock
For convertible bonds
,
.
$6,800,000
.
.
cash
2,707,000
;
Ohio Central.—This is the title of the railroad which is to
extend from the centre of the rich bituminous coal field—the
Sunday Creek Valley, in Perry County, Ohio—to Lake Erie, at
Toledo. Ohio, 175 miles, with branch from Bushs to Columbus,
25 miles—a total length of 200 miles.
The prospectus says that.
“
the consumption of bituminous coal at Columbus and Toledo,
Ohio, and by the railroads running east and west crossed by
this line, exceeded last year 500,000 tons. The Columbus &
Hocking Valley and Columbus & Toledo roads, together making
a line of 230 miles to the lakes from this same coal
field, carried
last'year over 1,200,000 tons of coal, and paid 7 per cent on five
and one-half millions of dollars of bonds and 8
per cent on
three millions of dollars of stock. This new coal field has been
opened only a few years, and now sends to the market, by the
Columbus & Hocking Valley Road and the B. & O. Road, over
one and one-half million tons, and at this time these roads are
taxed beyond their capacity to supply fuel for the Northwest.”
The entire line is under contract to be completed
by July 1,1880.
The securities consist of an issue of $3,000,000, or $15,000
per
mile, 6 per cent forty-year first mortgage gold bonds, interest
payable January and July 1st at the Metropolitan National
Bank, New York City; an issue of $3,000,000, or $15,000 per
mile, 7 per cent non-cumulative income bonds ; both series of
bonds secured by mortgages to the Central Trust
Company of
New York, and $4,000,000, or $20,000 per mile, of stock full
paid
of $7,122,404. Annexed hereto is a detailed statement of each and
unassessable. Mr. Dan. P. Eells is president, and Messrs.
year’s business for the period above mentioned, showing for Walston H. Brown, George I.
Seney, George F. Stone and E.
each year the gross earnings, payments for
operating ex¬ H. R. Lyman are among the directors.
penses, interest, rentals, and giving the net earnings and their
Ohio & Mississippi.—Mr. John King, Jr., Receiver, made his
Opposition, which merits careful examination.
statement for December, 1879, as follows:
monthly
Since the end of the last fiscal year on the 30th
RECEIPTS.
of September, 1879, the gross earnings for the quarter
Cash on hand December 1
$330,018
ending December 31, 1879, were $8,546,637 ; those for the same Received from station agents
475,154
Received
from
conductors
quarter in 1878 were $7,575,787; showing an increase of
r.
5,191
Received
individual
from
railway companies
$970,850 over the corresponding quarter of the preceding year.
68,745
756
The net earnings for this quarter were $1,453,470 in excess of Received from express companies.
the amount required to meet all charges for interest, rentals,,
Total
$888,*865
and a quarterly dividend of 2 per cent, showing net earnings*
DLSnURSKMKNTS.
at the late of over 14 per cent per annum on the capital stock:. Vouchers prior to Nov. 8, 1876
;
$9,474
“Bids should state the amount of stock desired, and the price Vouchers subsequent to that date
348,331
Pay-rolls
121,583
per share of $100 each. No bids will be entertained below $131 Arrearages paid
.r
597
Cash
on
hand
per share. -Twenty dollars per share will be required on allot¬
408,859
ment ; the balance at any time within four months, at the
Total
$888,865
option of the purchaser, adding interest at 6 per cent per
—The Chicago Tribune (January 17) reports :
a‘mum.”
“Judge Drum¬
An -abstract of operations for eight years was issued in mond was engaged yesterday afternoon in hearing a motion
for a receiver in the case of the Farmers’ Loan and Trust Com¬
circular form, from which the following is condensed : “
,
....
,
pany vs. The^Ohio and
Railroad Company. This is
a bill to foreclose a
mortgage for $3,000,000 on the main line
from Vincennes to St. Louis, and the present motion is to have
Mississippi
.REVENUE ACCOUNTS, 1872 TO 1879—EIGHT YEARS.
Year
Gross
ending
tSept. 30. Earnings.
1872
Operat’g exp’s,
interest and
rentals.
$25,580,675 $17,608,804
1873....
29,126,851
1874.;.. 31,650,386
1875....
29,027,218
•1876.... 28,046,588
1877....
26,579,085
-1878.... 28,910,555
1879....
28,396,583
19,603,793
21,937,031
21,688,022
20,833,512
19,635,738
20,872,109
20,802,097
Net income.
$7,971,871
9,523,057
9,713,354
7,339,195
7,213,075
6,943,347
8,038,445
7,594,485
Dividends.
Surplus.
$7,244,831
$727,039
7,136,790 2,386,267
7,136,884 2,576,470
7,136,679
202,515
7.139,528
73,547
7,140,659Def 197,312
7,139,528
898,917
7,139,528
454.957
Totals..$227,317,944 $162,981,110 $64,336,833 $57,214,429 $7,122,404
a
separate receiver appointed for the Springfield Division from
Shawneetown to Bearastown, on the ground that the interests
of the two divisions are adverse to each other.”
We have been unable to get satisfactory information of this mat¬
ter, but there is a decided movement in the Springfield Division
bonds at much higher prices; and one report that seems to haye
authority states that the bonds have been purchased by parties
in the Wabash St. Louis and Pacific interest.
Mr. C. W. Hassler states that the expert previously
appointed
to earnings during the eight having made a report, the Court has referred back the matter
years, 58*59. Harlem line leased in April, 1873. Four track to him, with instructions to give further information as to
pro*
system was constructed, and bonds sold therefor, in 1873 and rating with the main line of the road, and whether business
*1874.
properly belonging to that division has been given to it or
—On Thursday it was announced by Messrs. Drexel,
'
Morgan diverted from it.
& Co. that the bids for Central stock had been
opened by the
Peoria* Decatur & Evansville R. R.—This road is a consoli¬
New York Committee. After receiving advices from the London members of the syndicate, the committee awarded 200,000 dation of the Pekin, Lincoln & Decatur Railroad (formerly
leased to the Wabash', and the Decatur, Mattoon & Southern
out of the total 250,000 shares, the
prices ranging from 131 to R. R., and runs
through a rich section of the State of Illinois,
135.
No other particulars were given.
It was said that about
one-half of the awarded stock was for the London subscribers from Peoria to Mattoon on the Illinois Central Railroad, a dis¬
tance of 110 miles. The old mortgage on the Pekin, Lincoln &
and one-half for those in this country.
Decatur road was $16,000
New York & Oswego Midland.—The re-organization of this tion has been reduced to per mile, but under the new consolida¬
$12,000 per mile. The bonded debt has
“railroad was completed on Thursday.
The new corporation is been divided into two classes as follows: 40 year gold bonds,
Average percentage of
expenses
e
January 24,
THE
U80.
payable Jan.
and bearing
0 per cent., $858,000—making a total bonded debt of $2,145,000
bearing 6 per cent, interest, $1,287,000, interest
and July; and Income Bonds, running 40 years
now
issued, besides stock to the
total stock and
93
CHRONICLE.
Union Pacific—Kansas
amount of $2,000,000, making
The following well known agement.
The details
bonds $4,145,000.
gentlemen compose the management: Geo. I. Seney, N. Y.;
John T. Martin, N. Y.; E. H. R. Lyman, N. Y.; C. II. Cummings,
Pres.; John B. Cohrs, Peoria; E. Richards, Pekin; E. Wiley,
Charleston, Ill.; B. G. Mitchell, Sec.; R. A. Bunker, Treas.
Pacific.—Of the consolidation of
these roads the New York Times reports that the Union Pacific
Board has agreed upon the terms of a consolidation of that
railroad with the Kansas Pacific Railroad, under a single man¬
the scheme are now
companies, wrho are
Thursday of next
week hai been set as the date for making them public. The
general terms of the agreement are, however, as follows : The
capital stock of the joint line is to stand in volume the same as
“
and documents relating to
in the hands of the attorneys of
two
hard at work putting them into shape, and
the
St. Joseph & Weslern.—The Evening Post money article
reports that on the 21st the St. Joseph & Western Railroad it is at present: $36,762,300 Union Pacific*, and $9,689,950 Kan¬
absorbed the St. Joseph Bridge Company ; also, the Hastings sas Pacific, or $46,452,250 in the aggregate. The Union Pacific
& Grand Island Railroad, which is the link connecting the St. Company is to issue $9,689,950 of new stock to take up the
Joseph & Western with the Union Pacific Railroad. The St. stock of the Kansas Pacific Company, which is to be delivered
Joseph & Western is the reorganized St. Joseph & Denver City, at the ruling market rate of the Union Pacific Company’s
and is owned mainly by Mr. Jay Gould and his associates. The stock and canceled. *
*
*
*
The result of the consolidation, on the other
first mortgage bonds of the company retain the titles given
them on reorganization, to wit: St. Joseph & Pacific, Kansas & hand, is that the Union Pacific Company has now two eastern
Nebraska, respectively.
The stock is all known as the St. outlets, instead of but one at Omaha, as formerly. It may
Joseph & Western, although there are outstanding a few shares divert freight by way of the Cheyenne Branch to Denver,
bearing the same name as the bonds. This consolidation is where the Kansas Pacific line connects, and send it thence over
regarded as important, and has advanced the market price of that route to Kansas City. The importance of this lies in three
the securities, as follows: St. Joseph & Pacific firsts to 95 bid, facts: Under the United States law incorporating the Union
seconds to 66 bid; Kansas & Nebraska firsts to 90 bid, and
Pacific Company, that line is compelled to pro-rate at Omaha
seconds to 57 Jg bid ; St. Joseph & Western stock is up to 45 to with all railroads running eastward from that point. In other
50. This St. Joseph & Western road shortens the distance from
words, it is not allowed to discriminate either in quantity of
St. Louis to San Francisco many hours. It is understood that freight or in rates against any line or lines in favor of any
eventually all of the roads lying between the Union and the other or others. No such restriction is imposed at Kansas
Kansas Pacific will be connected with them, and ultimately City, where also Mr. Jay Gould’s famous southwestern system
become a part of them. r
of roads begins. Here, or close by, are the western termini of
the Hannibal & St. Joseph, Missouri Pacific, St. Louis, Kansas
Southern Pacific (California).—A press dispatch from San
City
& Northern, and other railroads which are parts of the
Francisco, Jan. 19, said that- the next day a detachment of five
Gould “ Wabash” combination, extending eastward to and over
hundred laborers would be forwarded from that city to the pre¬
the New Y'ork Central and its connections to the Atlantic sea¬
sent terminus of the Southern Pacific Railroad at Casa Grande,
in Arizona.
This advance guard will shortly be followed by board. It will thus be perceived that at one neat stroke the
law is successfully evaded and the entire Pacific coast traffic is
about twenty-five hundred more, it being proposed by the di¬
rectors of the company to push through the remainder of ’the given over bodily to the Wabash system on such terms as may
road to some point of connection with the Texas & Pacific or be satisfactory to the principal owner of the great transcon¬
the Atchison Topeka & Santa Fe road. There are now dis¬ tinental monopoly, which is also still further extended and
cemented by the present arrangement.”
tributed on the line of road eastward from Casa Grande about
one hundred miles of ties, and a supply of fifty tons of steel
rails is ready for laying. Nearly all the laborers employed are
—Attention is called to the notice of Mr. John S. Kennedy,
Chinamen.
Chairman of Purchasing Committee of the International &
Great Northern Railroad Compan}', inviting sealed proposals
Suspension Bridge Tolls.— A Chicago Tribune despatch
for the whole or any portion of $600,000 first mortgage 6 per
says of the Canada Southern Railroad suit against the Inter¬
national Bridge Company, with a view to obtain an adjustment cent gold bonds, to be received at the office of J. S. Kennedy
of differences as to tolls charged the plaintiffs, that tfie decision & Co., 63 William street, New York, until 12 o’clock on January
These bonds are secured by a purchase money mort¬
of Judge Wallace has just been forwarded to the attorneys of 31, 1880.
the parties in controversy. By his opinion it is held that it was gage to J. S. Kennedy and Samuel Sloan, trustees, and dated
November 1, 1879, and have forty years to run from said date.
competent for Congress to impose such conditions as in its dis¬
cretion might seem proper concerning the use and control of Both interest and principal are payable in gold coin. The total
the bridge, and that by the act in question ample jurisdiction issue of these bonds is $5,624,000 on 519 miles of completed
road, and all further issues are limited to $10,000 per mile on
was conferred upon the District Court to determine the present
completed
road.
controversy. The preliminary question having been decided by
—The
attention
of holders of the following numbers of first
Judge Wallace, the proofs and allegations of the parties are to
be given before him for his decision. The amount involved mortgage bonds to be paid by the Indianapolis Decatur &
represents almost $2,000,000. The matter to be decided now by Springfield Railroad Company under the terms of the sinking
fund on the first day of April, 1880, viz.: 46, 165, 196, 239, 320,
Judge Wallace is what the private tolls shall be.
322, 423, 481, 547, 608, 760, 1,109, 1,178. These bonds will be
Texas & Pacific.—At Philadelphia January 20 a special
paid at Company’s office, 120 Broadway, New York, at par,
meeting of the stockholders of the Texas & Pacific Railway April 1, 1880, and interest will cease after that date. The
Company was held, at which the mortgage on the Rio Company will redeem the above bonds at par and accrued
Grande division of the road was finally approved. The mort¬
interest on presentation on and after Jan. 15th inst.
gage was executed by the President ana trustees. Messrs.
—Attention is called to the advertisement of H. S. Marlor,
Jay Gould and Russell Sage, of New York, and Fred. L. Ames, No. 10 Wall
street, New York, informing th6 investing public
of Boston, were elected directors. The accrued interest on the
income-and land grant bonds, to July 1, 1879, was ordered paid that lie has for sale first mortgage bonds, income bonds, and
stocks of the Ohio Central Railroad Company, also of the
in scrip, receivable for land or exchangeable for stock.
—The following shows the business of the Texas and Pacific Peoria Decatur & Evansville Railroad Company. These securi¬
Railway Company for the eleven months ending December ties have been recently placed upon the New York market and
a number of prominent gentlemen are included in their lists of
31, 1879 :
«<
$1,622,170
732,598
Dross earmnys, 1879
Expenses, 1879
Net earnings, 1879
Net earnings, 1878
$889,571
553,271
-—
,
$336,300
Increase, 1879 over 1878
Increase, gross, 1879 over 1878..
-
i
227,630
Decrease in expenses.
Percentage expense* to gross
Percentage expenses to gross
$108,669
-
earnings, 1878..
60
earnings, 1879
45
Toledo Peoria & Warsaw.—This railway was sold in Chicago
a decree of foreclosure entered in the United
States Circuit Court for the Northern District of Illinois. The
sale was made by Henry W. Bishop, Master in Chancery, and
the road was purchased by a committee of bondholders repre¬
January 20, under
directors.
—At the annual meeting of the Citizens* Savings Bank held
on the 13th inst., Mr. E. A. Quintard, who has been president
for the past ten years, declined a re-election on account
his absence in Europe. Mr. Seymour A. Bunce, who has been
the secretary for twenty years, was unanimously elected Presi¬
dent and Mr. Henry Hasler, Secretary, Mr. Charles W.
continues as Cashier.
of
Held
—The Home Insurance Company, of this city, shows its
financial condition on the 1st day of January, 1880, to be ver
capital is $3,000,000, its cash
surplus oyer reserve
all possible liabilireaches the large amount of $1,320,785. Its list of assets
strong.
The company’s paid-up
assets amount to $6,410,988, and its net
for reinsurance, and for unpaid losses and
ities,
will bear close examination.
senting bonds amounting to $6,000,000.
—The La Platta Mining Company has declared a dividend
—It has been lately announced that the holders of the of
7}£ cents per share, payable January 31, at the office of the
securities of the Toledo Peoria & Warsaw Railroad have agreed
company in New York. This company now shows in their
to lease or consolidate, as may be determined upon hereafter, exhibit a
surplus of $136,679 58, besides paying five dividends
that road to Wabash St. Louis & Pacific Railway Company. to date.
The officers of the latter company refused to make the terms
—The Chrysolite Silver Mining Company of Leadville, Col.,
public, but said that they are very favorable.
has just declared a dividend on its $10,000,000 capital of
—The following is a synopsis of the report for November and
$200,000 or $1 per share payable at the Central Trust Company,
December of A. L. Hopkins, receiver: ’
New York, on the 26th inst. This is the third dividend.
•
.
DISBURSEMENTS.
RECEIPTS.
Cash, Nov. 1..
For November
For December
$43,757
157,893
159,714
$361,365
$206,188
122,591
For November
For December
'
Balance on hand.
..
$328,779
32,580
—The Illinois Central Railroad Company has just declared a
dividend of three per cent, payable on March 1,1880, to all
holders of stock registered at 2 P. M. 12th day of February,
1880. Transfer bool s close till 4th day of March.
THE CHRONICLE.
94
3P*e
CJOTTON.
^iwcs.
January 23, 1880.
General trade is good for the season; but in speculative
circles a very feverish, unsettled tone is apparent; prices
fluctuate widely, and great uncertainty seems to be felt in
the future of values. Operators for tiie decline have, how¬
been gaining courage, and have put out contracts more
freely than for some months in anticipation of lower rates.
Holders for a rise have also been realizing, and to some extent
loanable funds, locked up in speculative transactions released,
contributing to the growing ease of the money market. The
Winter continues unseasonably mild. An excessive supply of
tonnage-rin the absence of expected shipments which are
delayed by the speculation in wheat, cotton, &c.—has caused a
decline in ocean freights to the lowest rates accepted in many
ever,
years.
Provisions have been
*
/
Bacon
Lard
considerably depressed until
near
the
1879-80.
.lbs. 16,828,400
lbs.170,406,346
lbs. 79,385,898
1878-79.
Increase.
18,810,800
185,182,835
Decrease
1,982,400
14,776,489
9,402,780
88,788,678
Total
i'i
266,620,644
292,782,313
26,161,669
Kio coffee has been quite dull and has fallen to 15%c. for
fair cargoes with a stock here in first hands at the close,
approximating 220,000 bags; the advices from Rio Janeiro
have generally been favorable but the slowness of trade and a
large stock have counteracted the effect of the despatches
from that market; mild grades have sold but moderately and
then at rather easier prices. Rice has been in
good demand
and firm. Foreign molasses has been scarce and quiet on that
account there being a fair demand ; New Orleans has been in
pretty good demand at 38@50c.; the supply is ample. Raw
sugar has been very quiet all the week and though the former
prices are generally quoted the market has of late been to a
great extent nominal:
Hlids.
8,416
Beceipts since Jan. 1,1880
Bales since Jan. 1, 1880
8took Jan. 21, 1880
Btock Jan. 22,1879
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
Receipts this w’k at
1880.
New Orleans..'
Boxes.
18,590
23,307
1,079
1,861
9,891
11,697
10,923.
Bags.
Melado.
176,453
167
95
258,948
585,153
175
372,568
1,013
1879.
71,344
Mobile
9,919
.1878.
1877.
1876.
45,358
17,144
17,826
63,067
101
2,936
20,088
10,608
19,121
12,386
33,385
13,551
7,793
72,032
15,883
50
1,120
15,248
8,577
Charleston
13,188
Port
2,401
20,881
9,706
18,847
13,817
13,980
13,240
177
411
310
220
527
21,238
2,276
2,490
10,898
3,762
11,976
1,217
3,869
14,520
3,562
10,338
9,981
1,784
3,720
14,473
15,523
642
863
168,280
148,648
164,059
109,447
152,359
Royal, &c......
Savannah
close, when a partial improvement took place, occasioned by
better export demands and stronger advices from Chicago.
To-day remained about steady ana old mess pork sold in a
small way on the spot at $12.50@$12.60; February new quoted
at $13.30@$13.45; March $13.35@$13.45, and April $13.40@
$13.55 bid and asked. Lard was essentially unchanged ; new
choice Western was sold on the spot at 8c.; new prime do.
quoted at 7*95c.; old for January was sold at 7*85c. ; new for
February at 7*90@7’92%c.; March 8@8*02%c. ; April 8*07%@
8*10c. ; refined to the continent was quoted at $8’20c. The
latest compilation of hog-packing in the West from November
1, 1879, to January 14, 1880, states the number packed in the
West at 4,556,104, against 5,564,573 this time last year: packed
during the week, 236,415, against 218,061 the previous week,
against 663,288 and 405,792 this time last year.
Bacon is quiet at 7%@7%c. for long clear. Beef and beef
hams are essentially unchanged and quiet. Butter rules weak,
but cheese is steady and fairly active.
The following is a comparative summary of
aggregate ex¬
ports from November 1 to January 17:
Pork
Friday, P. M., January 23, 1880.
the Crop, as indicated by our
telegram*
from the South to-night, is given below.
For the week ending
this evening (Jan. 23), the total receipts have reached 168,280
bales, against 129,<189 bales last week, 149,486 bales the previous
week, and 154,306 bales three weeks since, making the total
receipts since the 1st of September, 1879, 3,614,110 bale3, against
3,102,643 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 511,467 bales.
The details of the
The Movement op
COMMERCIAL EPITOME.
Friday Night,
[VOL. XXX.
Galveston
Indianola, <fec
Tennessee, &o
Florida
North Carolina
Norfolk
City Point, &c
Total this week
...
648
3,161
15,678
1,796
8.837“
308
2,325
11,107
Total since Sept. 1. 3,614,110 3,102,643 2,958,555 3,005,815 2,934,805
The exports for the week ending this evening reach a total of
92,432 bales, of which 54,980 were to Great Britain, 9,477 to
France, and 27,975 to rest of the Continent, while the stocks as
made up this evening are now 942,445 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last
Week
EXPORTED TO—
ending
Jan.
season.
Great
France.
23. Britain.
N. Orl’ns
23,528
Mobile..
7,992
Charl’t’n
9,477
....
....
Savan’h;
.
....
7,425
*3,447
9,610
2,948
Galv’t’nN. York.
Norfolk-
Other*..
.
,
.
....
....
Conti¬
nent.
5,002
LOCO
13,115
5,643
2,565
'
....
650
....
....
....
Total
this
Week.
38,007
8,992
13,115
5,643
9,990
4,097
STOCK.
Same
Week
1879.
1880.
1879.
2,948
71,883 314,941 343,370
8,450 69,785 52,524
17,696 60,340 56,645
13,010 87,562 78,001
15,609 72,922 91,544
12,015 227,481 135,630
10,760 37,414 17,764
9,517 72,000 30,000
92,432
158,940 942,445 805,487
9,640
■
*
Tot. this
week..
9,477
54,980
27,975
Tot.since
-
1339.785 189.839 465,622 1995,246 1837.224
Sept. 1.
......
The exports this week under the head of “ other ports” include, from Balti¬
more, 1,257 bales to Liverpool; from Boston, 735 bales to Liverpool; from
*
Philadelphia, 250 bales to Liverpool.
From the foregoing statement it will be seen that,, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 66,508 bales, while the stocks to-night
136,958 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give*
us the following amounts of cotton on shipboard, not cleared, at
are
Kentucky tobacco has been much more active, some large lots the ports named. We add also similar figures for New York,
having been taken to apply on Regie contracts. The sales for which are prepared for our special use by Messrs. Carey, Yale &
the week are 2,000 hhds., of which 1,500 for export and 500 for Lambert, 60 Beaver street:
home consumption. Prices are firmer; lugs are quoted at
On Shipboard, not cleared—for
4@5%c., and leaf 6@12c. Seed leaf has continued in good de¬
Leaving
Jan. 23, AT—
Liver¬
mand, though the volume of business is not quite so large as
Coast¬
Stock.
France. Other
Total.
last week. The sales aggregate 2,950 cases, all crop of 1878.
The market for ocean freights has not in many years exhib¬
ited so depressed a state of affairs as at present must be noted.
The large number of vessels and steamers in port, the position
of the grain market and varbus other causes arising from
speculative tendencies have resulted in
pool.
New Orleans
Mobile.
Charleston
Savannah
37,327
9,113
6,945
12,000
Foreign
wise.
25,830
1,900
1,300
22,102
465
7,400
2,450
8,250
550
1,800
2,439
9,800
1,069
550
None.
1,000
4,000
43,541
18.334
Galveston
New York
13,089
Other ports
10,000
500
None.
None.
None.
89,274
29,530
229,217"
48,92243*295'
17,045
24,100
63,462
56,325
16,597
*
1,600 -225,881
94,414
15,000
85,724
20,803
complete depression
and stagnation. Grain to
rp<
HL
Liverpool,
by steam, has been taken
as low as 2%d., 60 lbs., though the rate is now
3d., 60 lbs.; pro¬
visions, 20@25s.; cotton, 3-16d.; and by sail, 5-32d.; grain to
London, by steam, 4@4%d.; do. to Bristol, by steam, 4%d.; do.
to New Castle, 4%d.; do. to Cardiff,
by steam, 5@5%d.; do. to
Glasgow, 5d.; do. to Cork for orders, 4s. perqr.; do. to the
Continent, 3s. 3d@3s. 6d.; refined petroleum to Bremen, 2s. 6d.
♦Included in this amount there are 250 bales at presses
the destination of which we cannot learn.
bbl.; naphtha
barley
Ear
to 4d.,
do., 3s.
was taken
to
iverpool,
48 3d.
by steam,
lbs.; To-day
grain by
sail, 3%d.,
60 lbs.,
PORTS.
a
Total
The
180.929
761,516-
for foreign ports
.
v
following is
cotton at all the
our usual table showing the movement of
ports from Sept. 1 to Jan. 16, the latest mail dates r
RECEIPTS SINCE
SEPT. 1.
vessel to go to store ; grain to
London, by seam, 4%d.; do. to
Avon-mouth, by steam, 5%d., do. to a French port, 4s. 6d. per
qr.; do. to Antwerp, 3s. 3d.; do. to Naples, 4s.; refined petroleum
to Cronstadt, 4s., long lay cargo.
Naval stores have latterly been irregular and close weak at
$1 55 for strained to good strained rosins, and 42@42%c. for
spirits turpentine. Petroleum closed more steady, after a
period of much dullness and depression ; refined in bbls., 7%c.
for early delivery. United certificates closed
at $1 07%
bid and $1 08% asked. American pig ironsteady,
continues active
and very strong; large sales have been made at $40
for No. 1.
Seotch pig has been very active ; fully 10,000 tons have been
sold, mostly Eglinton to arrive, at $32@$32 50. Rails sell in a
very heavy way, at $43 for old iron on the spot, and $44 to
arrive; steel rails, $80@$85; iron, f65@$S8. Ingot copper is
firm, with 75,000 lbs. Lake reported sold at 24%@25c. Whis¬
key quoted at $1 15. Clover seed dull and unsettled.
800
1879.
1878.
EXPORTED SINCE SEPT.
Great
Britain.
8avTi..
928,743
273,412
385,234
584,274
663,854
243,086
409,074
552,528
Galv.*.
361,393
408.195
122,244
N. York
79,894
38,188
101,891
372,733
84,552
191.794
N.Orlns
Mobile.
Char’n*
Florida
110,280
12,027
N. Car.
87,290
Norf’k*
533,263
169,914
Other..
This yr. 3445,830
Last ye ar
♦
France.
Other
19,764
16,621
20,450
33,097
....
5,839
143,011
117,148
....
;
....
Stock.
661,571 289,110
34,752 72,872"
213,447 62,131
234,704 80,554
162,458 78,490*
241,512 212,626
....
22,668
TO—
Total.
Foreign
427,561 120,038 113,972
27,973
4,679
2,100
101,307 10,656 101,484
131,099
8,604 145,001
1284,805 180,362
2953,995
*1
....
m
m m m
28,507
145,471
130,392
7,702’
42,41650,000
437 fi47‘1009. «14
895,910*
2.460
13,214
T
990,976 211,510 475.798
-
1678,284'834,03L
Under the head of Charleston is included Port Royal, Ac.; under the head of
Galveston is included Indianola. Ac.; under the head of Aot/oll is included City-
Point, Ac.
.
0
1
.
3
02.3
0
0
5
.
1
001
2
.
2
53
January
THE CHRONICLE
24, 1880.]
00255..211
We have had
a
B ties.
3,200
3,700
variable and unsettled market for cotton
The speculation in futures has been
during the past week.
5,900
4,200
fairly active, and at times excited. The receipts at the ports to
Monday night were about 71,000 bales, against about 50,000 bales
for the corresponding week last year.
'This increase encouraged
the bears to make a sharp attack upon the whole range of
values ; and the early and lowest figures of Tuesday were 23@
30 hundredths below the early and highest figures of Monday.
There was, however, a speedy recovery, owing to tlier compara¬
tive firmness with which Liverpool maintained its position in the
face of increased receipts, and the reported brisk trade at Man¬
chester.
On Wednesday afternoon there was renewed depres¬
sion—in fact, a small panic—growing out of reports of strikes in
Lancashire, and weakness at Liverpool, and anticipated large
total of receipts for the week. Thursday opened lower, and
many weak holders were sold out, recovering soon, however ;
and then followed by renewed depression, closing slightly
lower.
To-day there was a firmer, but. fluctuating and irregular
market.
Spots have been quiet. The demand from home spin¬
ners has been notably small, and stocks at this point have con¬
tinued to accumulate.
Quotations were reduced ^c. on Saturday,
and 1-lGc. on Monday, followed by a recovery of 1-lGc. on Tues¬
day ; but on Wednesday prices were -£c. lower than on the
previous Friday. Yesterday and to-day there were no changes,
and the close was at 12|c. for middling uplands.
The total sales for forward delivery for the week are 805,500
4>ales, including — free on board.. For immediate delivery the
total sales foot up this week 3,014 bales, including 1,177 for export,
1,504 for consumption, 333 for speculation, and
in transit. Of
the above,
bales were to arrive. The following tables show
the official quotations and sales for each day of the past week:
0. 70.3342172,“c51..387956410/
Jan. 23.
Sat.
Ordin’y.$ ft» llLfi
Moil Tuea
11 °ia
11
12
Wed
Th.
..
11*16 1016
1130
11V
11*8
11%
11*10 Ilia
,
Ordin’y.$B> 1078
1078
11*4
11%
12%
12%
Strict Ord.
Good Ord..
Btr. G’d Ord
Low Midd’g
Str.L’w Mid
11
Frt.
1,1070
iii%
Frt.
Th.
Wed
11
11
113s
1130
Wed
11
11 3g
1118
111-2
11*3x0
123,6
1219
1211x6
1270
13i0
1330
1370
145q
Th.
FrI
11
11
11
1138
113a
11*8
ll**ie 11*1,6 11**16 11**16 11 *"*16 1113x6 1113x0 1113x0 ll>3i0
ll*5i6 111°16 ll15l* 12116 12x10 121,6 1240 121,6 1240
j!2%
127x6 127,6 127,6
12*8
! 12*8
Good Mid.. 1270 • 1270
Str. G’d Mid 13*8
13%
Midd’g Fair 13*8 13*8
1438
Fair...
143q
11270
Middling... 12®8
131s
113*8
‘14*8
1230
129,6
129x6
12 34
12%
13
13
134
13%
14%
134
134
13% ' 13%
144
144
•
13
1230
1238
129,0
129x0
12%
12%
13
13
13
134
13%
144
134
133i
134
1334
144
144
Mon Taes Wed
$ lb. lOl-ne 10%
Middling
123s
12>
}2?1«
12%
12%
12%
Sat.
STAINED.
Good Ordinary.
Strict Good Ordinary
Low Middling
123s
Th.
1013,0 1014« ion16 10**16
119x0 1146 117X6 il710
U70
1113x0
11
125,6
124
12*10
,
11 34
11 %
12*,e
123x0 123x0
11 34
MARKET AND SALES.
FUTURES.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Sat..
Mon
Taes.
Wed
Thurs
Fri.
.
.
.
Quiet, at 4 dec..
Quiet, at %« dec.
Q’t<fe.st’y,atiiead.
Quiet, at 4 (lee..
Quiet
Quiet
*
Spec- Tran¬ Total.
|
port.: sump. ul’t'n sit.
Ex-
Con-
400;
...J
200:
287j
290|
312
216
297
162
3!2
205
100
101
....
97
....
35
-
•
....
....
....
....
....
1
Total
1.177,
1.504
333
....
The daily deliveries given above are actually
vious to that on which they are reported.
•100
12-08
1,000
800
12'09
♦ 00
100 S.n.22(1.12-70
•2,000
12*70
800
12*71
200 s.n. 2lstl2*74
400
12'74
400
12*75
100 B.u. 1st. 12-70
COO
12-77
300
12-78
700
...12-79
100
12 80
100
12*81
900.....
12-83
300
12-84
100
M'b5
200
12-80
000
12 87
100 S.D.224.12-^9
;200
12-89
.200..
.12*90
1,300
1,100..
Sales.
108.500
12-85
4,000
8.700
3,800
13-58
121,000
.13-29
..
2,200
4,000
4,700
T,500
1,100
900.
13-35
1,000
2,900
1,700
13-30
13-37
13-38
2,900
13-39
1,100
1.200
221,200
May.
-
.
..
...
400
13-05
700
400
100
500
200
200
•800
100
13-0 *
13-70
13-71
1,200
For October.
100
800
100.
13-77
13-78
13-79
13-84
13-85
..
1,100
...
800
100.
200
400
..
...
12-35
..13-48
..13*49
MOO
..13-51
..18*52
500
..13*53
500
300
400
200
.13 54
..13-551
1,700
...
100
100
15,300
..13-40
..13*47
For A ugust.
13-49
5CC..
13-50
1,300..
13-51
300..
13-52
20
800..
...13-53
200.
13-54
300..
..13-56
12-42
000...;.
500....
12-45
12*40
,
10 >
1.400
...
100
200
,
12-55
..
For November.
300.
300.
11-90
(MX).
2/0..
1205
200.
1200
300..
12 07
12-oa
100..
500..
.12-10
800..
400..
.13-57
.13-58
2,300
1359
2,V00
.13*00
900
13-01
500
100........ .13-62
.13-03
700
1,100. .... .. 13-01
.13-00
200
13-67
300
400
.13-03
400..
000..
(MX)..
.1359
.13"0O
700..
13*02
100
.100..
200..
700.
300.
100..
400.
13-03
.13-04
13*05
.
13-01
.
.
.
.13*07
13-08
13*09 I
.13-70
—
1 2,800
following exchanges have been made during the week :
The
*78
*05
*00 pd. to exch. 100 Jan. for Feb.
*23 pd. to exch. 100 Feb. for March.
*77 pd. to exch. 1,000 Feb. for June.
pd. to exch. 500 Feb. for June.
pd. to exch. 200 Jan. for Feb.
The following will show the range of prices paid
and the closing bid and asked, at 3 o'clock P. M., on
the past week.
for futures
each day in
Futures
Saturday.
Monday.
Tuesday.
Market.
Lower.
Lower.
Higher.
For Day.
Jan’ry
.
Feb’ry.
High. Low.
12-8 7-32-81
12-97-12-88
Marcli. 13*20-13*11
April... 18*39-13*30
May ... 13-58-1350
June... 13*74-13*66
13*79-13*77
July
August. 13-95-13*88
Sept’br.
—
_
October 12*50Nov’ber 12*12-
Closing.
For
Closing.
Day.
Closing.
Bid. A si High.
IsOir>. Bid. Ask High. Low. Bid. Ask
12-83 84 12-92-12-75 12-74 75 12*80-12*07 12*80 82
12-91 92 13*00-12*82 12-81 82 12-92-12*72 12*87 88
13*15 16 13*25-1304 1304 — 1313-12-96 13 09 09
13*33 34 13-46-13-22 13 *22 23 13*31-13*16 13*26 27
13*52 53 13*58-13-40 13*41 42 13*50-13*35 13-45 46
13*68 70 13-7443-55 13-58 59 13*64-13-51 13*60 62
13*78 80 13*85-13*69 13-68 69 13*75-13*61 13*70 72
13*88 90 13*93-13*78 13-79 80 13*85-13*71 13 82 84
—
—
—
—
—
—
—
—
—
12-85
.
For Day.
13*35- —
12*55- —
-12-10
12 75
—
—
—
—
—
—
—
•
13-30-13*29
12*53-12*38
1210-12 08
12*85
—
12-99
13u0
High.
Cts.
7,0<'O
10,500
4,000
12-96
7,80»
3,500
9,! 00
9.700
4,400
7,n00
?,800
5/00
7,900...
12*70
12-77
12*78
0,000
900
12 97
12-9-1
12 99
1300
1301
1302
13 03
1304
13’05
13(6
13-07
13-08
13 09
13-10
13*11
’3*12
1313
1314
13 15
...13-10
13*17
13*! 8
.1319
900..
13*20
13-21
300
13-22
..12-84
300.
13-23
12-85
200
13*25
l2->-0
1287
12*88 209,000
12-89
For April. .
12*90
2,800
12*90
12*91
12*97
12*92 { 3.400
3,900
12*98
12-93
4.700
12-99
12V4
9,000
!3*00
...12-95
’2-83
For
Day.
pre¬
Low.
Closing.
For
Bid. Ask
nigh.
Day.
l/)w.
—-
—
—
—
—
Easy.
6,300
Bales.
.1250
0,400 ‘
...
Firmer.
delivered the day
12*22
.:2'28
..12-30
1,100
..
900
900
000
400
-
...
..
13-75
100
....
For September
100
100
300..
400
10O
100
100
700
..
..
1300
13-01
13-02
13*03
13-04
.13*85
13,400
13-50
200
700.. 1
900
400
100
.
1,000
MOO....
4-,:oo...
1310
4,030.
1,800....
14-18
MOO.
2,200....
13-20
4,200....
2,700....
3,000...
13-22
!3*23
5,400....
1324
5,100...
13-25
9,!00.
.....13-21
5,400
1327
1,4< 0.
13-28
4,000 .e:.
8,500.... ....13-29
13-30
7,000.
13-31
0,100
13-32
1,900
13-33
2,300
13-3-4 1
1,000
.
13-58
...13-59
.
13-40
13-41
13-42
13-43
....13-40
For
200
300
1,000
13-32
13*33
700
....
.
..13-55
13-31
....13-38
1.800.
1,800
M3-3Q
1,100
1,000...
3.800
3,200
4,400A
13-52
.13-53
For June.
1,50>
....13-31
....13-32
....13 33
8,500
13-51
000
100
1325
..
2,000
1,100
.
....13-27
13-40
13-47
13-48
13-50
Feverish.
3,800
4300
2,100
13*57
13*44
Lower.
.1274
2,900
2,>00
.
1350
500
.
200
200
200
100
100
100
400.
100
Market.
For March.
12-*8 |
12-79 i 43*0
12*80 15,100
12*81 j 8,100
...12'82 I 5J2U0..
12*83 ,
..
13*54
13-55
...
400....
3.014 805,500
91.400
8,500
...
700
300
1,11X1
000....
13*39
18-40
13*41
13-42
13 13
Friday.
1281
12-82
12-77 |
13-49
July.
Thursday.
3,700.
900
....13-22
....13-23
800
700
200
100
700
800
300
400
100
500
13-50
....13 51
13-52
13-53
.13*77
...,
For
13-48
2,500.-.
1,300
0,500
3,700.
7,300.
11,300
9,200
5,400
3,300
46,900
13-40
18-47
.
...
Wednesday.
12-79
’2*80
8,000
13-45
,.
200.
400
BOO
400....
Futures
3 400
12*75
12-76 j
lt800
400
1,100
12 98
.-.
1,500
0,200
13-41
13-42
13-43
13’44
Barely steady.
12 97
4,600.
13-40
800
800
400
3.900
3,000
13-74
171,900
184,4,X>
139,700
12*94
12-95
12-96
1,3
1372
13-73
200
Steady.
12-06
«2-67
12-08
.1209
12-70
12*71
2300..........12.72
2,000
12'73
2,000
4,600
3,000.
3300
4300
1,700
Tr. old.
Closed
1,0-0
1,400
MOO
12 04
13-39
1,800
1,000
12-93
12*65
200
500....,
100....,
200...,
....13-71
82,900
200
70'
ICO
1,400
700
-500.
Cts.
13*71
*s.
;100....,
13-87
13-38
2,000
9,400
1,800
B&l
13-70
2,000
1,700
1,'0>.
...
100.
200
13-36
118,100
1290
»2'9L
12-92
2,000
....1310
..,.13*11
....1312
....1313
7,800
....13*14
4,100
*,000..... ....1315
....1310
4,000
1,500.
0,000
4,600
3,0 0
13-09
317
497
259
599
530
1288
0,VOO.....
14,000
Cts.
1,200
800
12*89
900
....1300
Bales.
812
Cts.
...12v0
Bales.
3,900
8,400
...
Deliv¬
eries.
For forward delivery the sales have reached during the week
805,503 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices :
For January.
Ct-.
i Bales.
12-91
Bales.
Cts.
100
aOOS.n.24tb 12-47
100
1292
10!»
.12-49
200
12-50
14,300
400
1253
For February.
400
12 54
400
12-54
VOOO
12-56
S00
.12-00
3,200
....12-55
100 s.n. 2?ili 12*01
i,400
12-VI
12*01
800
100
12 57
800
12-62
800
,..12'53
200
12 03
1,300
.12 LV
.12-04
100.
2.6,0
1200
500
12-05
2,000
lr01
200
...12-00
.....12-62
0 0
...12-03
100
1207
....1300
Cts.
18-35
800
3,800
Frl.
114
Js
..
.
..
Mon. Tuei
I13i0 11*16
HT10
111516 111*16 11%
1U316 lli5ie 1170
12310 123,6 1218
12116 12316 12i0
I25ie 1230 12% 12716 121-2 12% 12716
12%
1211x6 1211 is 1250
12*16 121*16 1250
12 78
1270
121316 1278
121310
1211x6 12%
1318
13i0
13116
131x6 1318
121516 13
1330
1330
13Ji0 1330
135,6
133.6 1314
13iiie 13% 1378 13l316 1378 1378 131310
1450
14*16 1450 1450 14*X0
147.6 14%
lOpic
Strict Ord.. 1138
Good Ord..
Btr. G’d Ord 12*16
Low Midd’g 1230
Btr. L’wMid 12*1*
-Middling... 1234
Good Mid
13
Btr. G’d Mid 13%
Midd’g Fair 1334
Fair
14%
5,400
12,900.
TEXAS.
Moil Tue» Sat.
Sat.
Bales.
...1304
..
NEW ORLEANS.
UPLANDS.
Jan. 17 to
Cts.
....1301
95
Closing.
For
Bid. Ask
Hi.'h.
Clo sing
Day.
Bid. Ask
Tx>w.
12-63 65
Jan’ry. 12*75-12 61 12*59 61 12*60-12-49 12-58 60 12*71-12*64
12-67 69
Feb’ry. 12-83-12*66 12*66 67 12 69-12-54 12*6466 12*80-12-68
March
.
13 05-12 84 12 86
-
12*88-12*76 12-85 86 13*00-12*89 12 89 90
13*08 09
April... 13 24-13 05 13*05 06 13*07-12-96 13 05 06 1316-1308
M (ty ... 13-42-13*23 13'24
June... 43 56-13-38 13*39
July ... 13*65-13-50 13-49
August. 13-77-13*61 13*59
-13*15
Sept ...
October 12*45-12*28
Nov.... 12 07*11*99
12*65
Tr. ord.
—.
—
■
—
—
Closed
.
25 13-26-13 14 13*24 25
40 13-41-13-30 13*38 40
51 13-51-13-39 13-48 50
61 13*62-13*49 13*58 60
12-99—
12*28-12*15
11-90-11*89
—
—
—
—
—
—
—
—
—
11*99-
13-27 28
13*43 44
13-53 54
13-64 65
—
—
—.
—
—
—
—
12*65
12-60
Firm.
Barely steady.
13*34-13*27
13*49-13*42
13*59-13*53
13*70-13*63
1315-13 07
12*35-12-30
Easy.
Short notices for January: Monday. 12*89; Tuesday, 12*75,
Wednesday, 12*70; Thursday, 12*47 Friday, 12*61.
12*74;
The Visible Supply op Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain ard the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the tetals
the complete figures for to-night (Jan. 23), we add the item of
exports from the United States, including in it the exports of
Friday only.
1877.
1878.
1879.
•
>
Stock at Liverpool
Stock at London
387,000
445.000
724.000
53,250
16,500
39,000
521,688
440.250
130,250
2,750
461.500
142.750
763.000
168.250
8,250
8.500
3.750
36.000
7.000
32.750
52.000
15.750
37.250
30,500
20,750
57,250
Total Great Britain stock.
8tock at Havre
Slock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
1880.
bales 479.000
42,688
46,890
1,321
13,654
1.500
11.450
28,920
6,500
'
3,000
'
THE CHRONICLE.
96
900
1879.
10,750
2,000
1878.
Stock at Rotterdam
Stock at Antwerp
Stock at other conti’ntal ports.
9.000
3,500
1877.
9.750
5,500
1,700
7,250
0,230
8.750
Total continental ports....
106,335
206,750
2G1.750
357.500
Total Enropean stocks.. ..
India cotton afloat for Europe.
Amer’n cotton afloat for Eur’pe
628,023
647,000
723,250
54.103
51.000
56,000
73,000
539,904
30,470
573,000
725,000
28,000
878,604
571.000
74.000
890.736
146,359
110.714
15,000
14,000
1880.
Egypt.Brazil, Ac.,aflt for E’r’pe
Stock in United States ports
32,000
805,487
942,445
..
142.545
210,983
24,000
Stock in U. 8. interior ports..
United Stf tes exports to-day..
.
30,000
2,429,928 2,284.032 2.572,213 2.853 950
of American and other descriptions are as
Total visible supply
Of the above, the totals
follows:
American—
343,000
Liverpool stock
75,000
Continental stocks
American afloat for Europe
United States stock
United States interior stocks..
United States exports to-day..
Total American
East Indian, Brazil, <£c
.
539,904
942,445
210,983
289,000
193,000
725,000
878,604
142,545
146,359
571,000
890,736
110.714
30,000
15,000
14,000
24,000
Receipts prom the Plantations.—The
following table is
jrepared for the purpose of indicating the actual movement each
week from the plantations. * Receipts at the outports are some¬
times misleading, as they are made up more largely one year
than another, at the expense of the interior stocks.
We reach,
iiherefore, a safer conclusion through a comparative statement
ike the followingRECEIPTS FROM PLANTATIONS.
114,000
136,000
53.250
42,683
31.335
London stock.
257,000
Continental stocks
India afloat for Eurone
Egypt,Brazil, Ac., afloat..
46,750
247,000
56,000
28,000
73,000
74,000
51,000
54,103
30,470
.
156,000
16,500
68,750
32,000
Nov.
Dec.
39.000
100.500
Jan.
325,250
533,500
294,596
300,000
..2,135,332 1.954,032 2,246,963 2,320,450
Total East India, Ac
Total American
..
Total visible supply
Price Mid. Upl., Liverpool—
2,429,928 2.284.032 2.572.213 2,853.950
7d.
6J4<1.
5316d.
Oi&icd.
figures indicate an increase in the cotton in sight to
night of 145,893 bales as compared with the same date of 1879,
a decrease of 142,285 bales as compared with the corresponding
The above
date of 1878. and a decrease of 424,022 bales as
compared with 1877.
preceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns
As we did not have the record of the new interior towns for the
In the
four years, we could not make a comparison in any other way.
That difficulty no longer exists, aDd we therefore make the fol¬
lowing comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only Ihe
finally shall simply substitute the 19 towns for the
in the preceding table.
time hut
towns
bales 343,000
1879.
273,000
75,000
160,000
1880.
American—
Liverpool stock
Continental stocks.
American .afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..
539,904
573,000
942,445
358.074
805,487
’
218,585
30,000
24,000
1878.
1877.
289,000
477,000
257,000
571,000
890,736
193,000
725,000
878,604
2 42,013
15,000
136,000
114,000
53,250
46,750
42,688
31,335
156,000
16,500
68,750
54,103
54,000
56,000
73,000
30,470
32,000
28,000
74,000
325,250
300,000
533,509
291,596
2,282,423 2,060,072 2,342,617 2,404,818
'
2,577,019 2,360,072 2,667,867 2,938,318
the plantations
since
Sept 1 in
g
enerally extremely light and the temperature remains high.
in many portions
Roads are every¬
Fruit trees are blossoming about Galveston and
of that State they are needing rain badly.
where excellent.
(Jalveston, Texas.— The weather during the w*ek has been
and dry, and we want rain badly. - The thermometer has
warm
averaged 66, the highest being 74 and lowest 55.
other fruit trees
are
in bloom.
Orange and
s, lather than rain, on
days the past week, but the rest of the week has been
pleasant, though rather too warm. Average thermometer 66,
highest 80 and lowest 52. The rainfall has reached seven hun¬
Indianola, Texas.—We liave had mis
two
an inch.
Corsicana, Texas.—It has been warm and dry at this point
throughput the week, and rain is desired. We have had a frost,
dredths of
but not
a
killing frost.
The thermometer has ranged from 41 to
76, averaging 61.
Dallas, Texas.—There has been no rainfall during the week
and
to
Total East India, Ac
Total American
m
Weatiif.r Reports by Telegraph.—Very little rain has
fallen in the South the past week.
The showers reported are
39,000
100,500
Egypt, Brazil, Ac., afloat
52,207
interior ports.
Last year the receipts from the plantations for the
same week were 133,997 bales, and for 1878 they were 168,692 bales..
247,000
London stock
Continental stocks
India afloat for Europe
47,208
69,823
168,280 bales, the actual movement from plantations was
173,971 bale3, the balance being added to stocks at the
>
Liverpool stock
1879-80
were
2,282,423 2,060,072 2,342,617 2,404,818
Total American
East Indian, Brazil, d.c.—
1877-78; 1878-79’
1879-80 were 3,944,883 bales; in 1878-79 were 3,3!115,570 bales; in
1877-78 were 3,184,086 bales.
2. That although the receipts at the out ports the past week
195.082
14,000
29,720
41,891
The above statement shows—
1. That the total receipts from
statement for a
We shall continue this double
Rec’ptufrom Plant’ns
70,250:140,320 173,730
08,913 121,433 160,773 186,114
58.745 70.597 81,22? 151,908* 180.007 194,028
157,609 162,236 214,461 80,374 07,887 05,903 179,238} 180,526 229,227
177,336 157,280 245,013 105,814 115,034 115,735 202,776; 174,427 265,355;
198,776 182,874 225,08 126.620 140,408 133,005 210,582*21?,338 243,25?
194,571 176.004 220,216 132,403 174,583 187,126 200,354 201,089 273,487
200.980 181.370 218.408 136,94! 188,491 218,998 205.518! 195.284 250,280
172,216 184,625 249,152 157.082 205,012 204,183 I92,357j202,046 294,387
174.365 220,748 210,107 169,073j230,28) 287,100 180,356 251.110 230.093
202,805 220,291 234,876 185,665'250,120 317,468 219,397 243,140 265,235
231,504 >04,882 218,00? j226,550 280,957 343,503 272.488 220,710 244,942
224,634 199,981 207,601 261,876 294,281 304,926 259,951 213,305 229,024
165.755 143,155 154,306*253,239 281,634 355,913 157,118 130,508 145,323
142,099 121,091 149,480! *36,293 253.047 840.859 125,153 93,104 143,402
153.727 113,613 129,489 237,330 233,230
352,383; 154,814 03,202 182,013
164.059 148.648 168.280 242 013 218.585 358.074 168.092 133.097! 173,971
70,040 130,990 102.303
109,264 148,158 109.408
135,054 160.233 181,714
Oct.
2,135,332 1,984,032 2,246,963 2,320,450
at Intor’r Ports
1877-78 1878-79 1879-80 1877-78 1878-79 1870-80
—
Liverpool stock
old 7 towns.
Receipts at the Ports. Stock
Week
ending—
477,000
273,000
160,000
573,000
805,487
t. '01. \AX.
needing rain despera’ely, es the ground is too hard
Young wheat is suffering, We have h&d a frost,
killing frost. Average thermometer, 61 ; highest 76,
we are
plough.
but not a
and lowest 4i.
Brenham, Texas.—We have had warm, dry weather during
figures indicate an increase in the cotton in sight to night the week, and rain is wanted. The weather continues unseason¬
The
of 216,947 bales as compared with the same date of 1879, a ably warm, which may make later frosts very dangerous.
the thermometer has ranged Lom 47 to 76, averaging 64.
The
decrease of 90,848 bales as compared w-ith the corresponding date
and
westward
had
recent
region
southward
has
generally
good
of 1878, and a decrease of 361,299 bales as compared With 1877.
rains, which have proved very beneficial, but not reaching here.
At the Interior Ports the movement—that is the receipts
Neva Orleans, Louisiana.—It has rained on one day the past
and shipments for the week, and stocks to-night, and for the
week, the rainfall reaching forty-two hundredths of an inch.
corresponding week of 1879—is set out in detail in the following The thermometer has averaged 64.
statement:
Shreveport, Louisiana.—The weather during'.the week has
been dry and pleasant, and roads are in good condition.
Week ending Jan. 23, ’80.* Week ending Jan. 24, '79.
The
thermometer has averaged -57, the Lighest being 78 and the
Total visible
supply
These
•
t
Stock.
Receipts Shipm’ts
Augusta, Ga
Columbus, Ga....
Macon, Ga
Montgomery. Ala
Belma, Ala
Memphis, Tenn..
Nashville, Tenn..
4,483
3,501
|
1,184
2,343
1,705
17.586 j
1,434
4,774
3,053
17.823
22,283
1,219
3,159
7,688
14,543
2,286
14,870 ;
29,461 210,983
j
29,050
j
774
999
Dallas,Texas..
Jefferson, Tex.*..
Shreveport, La
Vicksburg, Miss.
Columbus, Miss..
Eofaula, Ala
Griffin, Ga
Atlanta, Ga
Rome, Ga
1,277
Charlotte, N. C..
St. Louis, Mo—
Cincinnati, O....
973
31,061
12,610
Total, new p’rts
45,644
10,252
42,728 '147,091
1 77,880
72,189 358,074
Total, all
2,813
1,039
3.835
13,331 119,770 i
1,639
14,006
32,236
..
i
2,410
13,403
1,202
Total, old ports.
..
Shlpm'ts
|1 Receipts
4,348
5,677
700
838
650
4,141
2,055
6,035
6,132
955
990
731
1,472
483
716
3,419
2,955
3,000
3,434
1,026 i
9.171
4,025
650
j
949
5,518
10,955
404
2.073
2,953
o.osi;
3,516
1,523
2/i39 1
992
863
5.195
668
4.108
10,408
7,910
32,990
0.399
7,386
31,959 j
40.233
76 040
61,009
78,660 218.585
842
:
;
j
603
J.
5.195
3,804
3,780
3,414
2,135
6,147
The above totals show
week, the rainfall reaching twenty-two hundredths of an inch.
The thermometer lias averaged 55, the
lowest 48.
PI *nters tre sending cotton
able freedom.
'
the
old
interior
stocks
highest being 64 and the
to market, with remark
Mobile, Al'jdxima.—It has rained constantly one day and has
been
that
have
increased daring the week 2,775 bales, and are to-night 68,438
bales more than at the same period last year. The receipts at the
tame towns have been 3,186 bales m re than the same week last
year.
Memphis, Temtessee.—We have had rain on one’day during the
.
-
•Estimated.
'
rainfall reaching fifty-seven hundredths of an
'i he thermometer has ranged from 50 to 76, averaging 60.
Contracts for the coming year are being made with the freedmen
at about last year’s rates.
Little Rock, Arkansas.—Three days of the past week have
been cloudy, with a slight rain on each, but the remainder of the
week has been fair t'l clear.
The thermometer has averaged53,
the highest being 71 and the lowest 21. The rainfall has reached
fourteen hundredths of an inch,
Nashville, Tennessee.—VtSiin has fallen daring the week on four
days, to a depth of eighty-two hundredths of an inch. Average
thermometer 52, highest 65 and lowest 36.
inch,
73,178
9,946
859
3,2 35
2,011 1-
13,228 j
past week, the
9,657
38,421 142,545
4,019
4,092
.
of the we-k
12,461
1,600
| 73,933
Vicksburg, Mississippi.—It has rained on one day, the balance
having been warm aDd dry.
Columbus,, Mississippi. — We have had rain on two days the
20,800
3,943
1,228
4,555
4,786
17,283
1,496
5,820
5.657
1,279
1,703
39,722 ;
6,127 i
5,127 i
3,390 j
3,131 ■
12,614 ,
lowest 36.
Stock.
teen
showery one day, the rainfall reaching one inch and six¬
hundredths, but the balance of the week has been pleasant.
The thermometer has
averaged 59, the highest point touched
having been 70 and the lowest 45.
Montgomery, Alabama.—It has rained during the week on
two days an£ has been taming cold since yesterday.
Average
THE CHRONICLE,
lfc.80,|
January 24,
thermometer 58, highest 72 and lowest 48. The rainfall for the
week is eighty-seven hundredths of an inch.
Selma, Alabama.—Rain has fallen on two days, but the rest of
the week has been pleasant.
Madison, Florida.—It has rained during the week
on one
day.
The thermometer has averaged 68, the highest being 82 and the
Contracts for the ensuing year are now being made
lowest 44.
with the freedmen at about last year’s rates.
Macon, Georgia.—Rain has fallen during the week on two
days. The thermometer lias ranged from 8(1 to 70, averaging 55.
Columbus, Georgia.—We have had rain on one day the past
week, the rainfall reaching forty-five hundredths of an inch.
The thermometer has averaged 56, ranging from 38 to 72.
Savannah, Georgia.—It has rained on one day, the rainfall
reaching ten hundredths of an inch, but the rest of the week has
been pleasant. The thermometer has averaged
50, ranging from
India Cotton Movement from all Pouts.—The
figures
which are now collected for us, and forwardei
by cable each
Friday, of the shipments from Calcutta, Madras, Tutlcorin. Carwar, Ac., enable us, in connection with our
previously-received
report from Bombay, to furnish our readers with a full and
complete India movement for each week. We first give the
Bombay statement for the week and year, bringing the figure*
down to January 22.
ROM)!AY RECEIPTS AND SHIPMENTS FOR FOUR
Shipments this week
*
46 to 71.
Year Great
Brit'n.
Conti¬
nent.
YEARS.
ItecelptJfS*
Bhipments since Jan. 1.
Great
Total. Britain.
1880 3,000 10,000 13,000
1879 7,000 2,000 9,000
1878 3,0)0 17,000 20,000
1877 11,000 7,000 18,000
Conti¬
nent.
Total.
.
0,000
13,000
11.000
9.000
4.000
22,000 10,000
15,000 12,000
30.000
14,000
26,000
Since ^
Jan. 1.
This
Week.
nit
39,00030,000
40,000*24,000
Augusta, Georgia.—The earlier part of the past week the
According to the foregoing, Bombay appears to show an increase
weather was clear and pleasant, but during the latter
portion it compared with last year in the week's receipts of 4,(XK) bales and an
has been showery three days, the rainfall
reaching fifty-four increase in shipments of 4,009 bales, and the shipments *ince
hundredths of an inch.
The thermometer has ranged from 37
January l show an increase of 7,009 bales. The movement at
to 72, averaging 56.
Planters are sending their cotton to market Calcutta, Madras, Tuticorin, Car war, Ac., for the same week and
freely.
years has been as follows.
Charleston, South Carolina.—Wc have had light showers dur¬
CALCUTTA, MADRAS, TUTICORIN, CARWAR, RANGOON AND KURRACHKE.
ing the past week on two days, the rainfall reaching four hun¬
dredths of an inch.
Shipments this week.
Shipments since January L
Average thermometer, 57 ; highest 60, and
lowest 45.
The
Year.
;
following statement
we
showing the height of the rivers at the points named at 8 o’clock
-
Jan. 22, 1880, and Jan. 28, 1870.
Jan. 22, ’80.
Feet. Inch.
Below high-water mark
4
0
..Above low-water mark... 32
3
...Above low-water mark...
O
8
:Above low-water mark...
3
0
Above low-water mark... 30
3"
Hew Orleans
Jan. 23, '79.
Feet. Inch.
Oft
25
O
31
11
4
20
0
8
..
Memphis
Hashville
Shreveport
Vlcksbum....
New Orleans
reported below high-water mark of 1871 until
Bept. 9, 1874, when the zero of g$uge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or Iff feet above low-water mark at that point.
,
Comparative Pout Receipts and Daily Crop Movement.—
A comparison of the
port movement by weeks is not accurate,
as the weeks in different
years do not end on the same day of the
month.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader may
con¬
stantly have befoie him the data for seeing the exact relative
movement for the years named.
First we give the receipts at
each port each day of the week ending
to-night.
PORT RECEIPTS FROM SATURDAY, JAX.
New
Or¬
we'k leans.
D'ys
of
Bat.
21,280
Mo-
bile.
|
Char- Savan¬
jlcHton.
529, 1,869
nah.
2,759
3,829
17, '80, TO FRIDAY, JAN. 23. '80,
Galvest'n.
Nor¬
folk.
Wil¬
All
ming¬ others.
Total.
ton.
1,845
2,973
2,001
112
1,070
3,291
1,253
2,866
1,169
917, 2,433
3,800
3,381
l,542j 1,680
3,821
1,556
1,539
1,503
1,859
9,700| 10,898
1,190 31,154 168,280
3,080, 2,527
2.130, 1,932
Wed
4,945
Thur 10,221
Fri.. 11,363
1,665! 2,638
Tot. 71,314
9,919 13,188 20,881
1880
1879
1878.
1877
rm.
910
460
the movement for the different
years.
Tot.Dc.31
3,120,87112,651,013
Jan. 1
44
2....
44
3....
44
4....
5....
44
44
15,776'
9,614
22,227
36,137
14,949
30,208
30,790
8.
23,548
22,906
the
ports other
of last year.
33,248
14,528
8.
13,218
31,768
21,319
17,401
19,321
29,232
27,093
22,132
8.
44
13....
21,127
19,046
19,790
26,983
35,488
23,732
22,120
15,966
15,902
22,115
8.
20,397
35,455
8.
44
14....
44
15....
10....
17....
18....
19....
20....
21....
44
44
44
44
44
44
X 22 —
\23....
14.394
20,046
23,926
8.
j 22,105
1
I
21,312
j
36,187
17,733
,
u
13,778
25,456
24,234
24,705
22,683
8.
'
33,738
10,553
26,386
as
1874-75.
'
For the whole of
1880.
Europe
from—
6906
This
Since
This
Jan. 1.
week.
1
All other ports.
Since
Jan. 1.
This
week.
22,000
n.ooo
Liverpool and Alexandria,
— jr? 1c5
9,000
3,000
20,000
Alexandria, Egypt,
we
shall hereafter receive
This week..
Since Bept.
Total
28.497
23,144
20,984
16,943
14,940
8.
10,571
7320
6684
.
60'25
Since H This
Since
Sept. !.„• week. Bept. 1,
| 8,533
>17*533
Europe
292,991 114,000
140,5001
| This
Since
l week.
Bept. 1.
\
6,000 170,000
5,000 102,000
This statement shows that the receipts for the week
Jan. 22 were 100,000 cantars, and the
shipments to all
Europe
ountusL
IiU
lit*
17,538 bales.
ending
Manchester Market.—Our report received from Manchester
d.
8.
60,000
272,000
A
10,044
20,903
10,214
17,621
| This
j week.
53,000
1,200.000
J 1,000
Hr
23,215
18,178
1878.
1 9,000 183.000 ! 9,000 07,000
109,90 lM 5,000 43,500'
To Continent
32a
22,523
28,311
20,477
21,004
1870,
100,000
2,800,000
t
20,164
15,122
8.
weekly
a
Receipts (cantars*)—
8.
32.468
1880.
Jan. 22.
13,610
8.
39,000
23,000
Alexandria, Egypt. The
following are the receipts and shipments the past week: and for
the corresponding weeks of the previous two
years.
36,925
32,478
21,893
17,301
18,978
8,900
Since
Jan. 1.
13,000’
33,000 12,000!
26,000 20,000
62,000
This last statement affords a very
interesting comparison of the
total movement for the week
ending Jan. 22, and for the three
years up to date, at all India ports.
Alexandria Receipts and
Bhipments.—Through arrange¬
ments we have mads with Messrs.
Davies, Benachl & Co., of
13,845
This statement shows that the
receipts since Bept. 1 up to
to-night are now 542,649 bales more than they were to the same
day of the month in 1879, and 707,476 bales more than
they
were to the same
day of the month in 1878.' We add to the last
table the
percentages of total port receipts which had been
received to Jan. 28 in each of the
years named.
1878.
Total
8.
38,030
66 88
.
1879.
week.
13,000!
Bombay
21,812
23,147
19,512
week
same
i
14,735
14,174
15,706
19,317
19,037
Total..... 13,614,110 3,071,470 2,906,034 2,955,887
2,801,316 2,421,990
Percentage of total
P'rt rec’ot* Jan. 23.
12,000
than Bombay is 3,003 bales, less than
Bhipments
to all
27,877
B.
27,091
12,000
EXPORTS TO EUROPE FROM ALL INDIA.
8.
8.
u,ooo
11,000
23,000
follows.
10,043
9,764
7,568
24,043
23,366
14,705
13,516
17,767
17,212
21,971
27,986
18,520
6,000
4,000
India, therefore, the total
shipments this week and since January 1, 18S0, and for the
corresponding weeks and periods of the two previous years, are
23,840
16,790
2 4,787
3
12....
44
1875-76.
2,399,636 2,001,289 2,340,686 2,100,675
18,351
18,523
16,371
26,517
30,235
8.
16,245
14,389
18,957
B.
15,384
32,192
31,491
12,671
25,942
24,391
12,891
44
44
44
1870-77.
20,055
19,929
17,551
31,762
20,411
“
Total.
i
-
Exports (bales)—
To Liverpool
B.
6....
7....
8....
9....
10....
11....
41
1877-78.5
Conti¬
nent.
5,000
7,000
11,000
12,000
3,000
......
By adding to the totals to Dec. 81 the daily receipts
time, we shall be able to reach an exact comparison of
1878-79.
Great
Britain.
Total.
nent.
3,000
since that
1879-80.
Conti¬
cable of the movements of cotton at
6,018 35,488
3,219 35,45ft
128 4,256 22,105
1,957 17,733
272 1,563 .21,312
218 14,139 36,187
Mon 17,360
Tues 0,169
Great
Britain.
have also received bv telegraph,
to-day(Jan. 23) states that prices of twists are unchanged, and
that shirtings are l$d. higher, but that the advance is
checking
business. We leave previous weeks* prices for
comparison.
1879-80.
Cop,
8*4 lb*.
Twist
4.
1878-79.
Shirting*.
a.
d.
a.
d.
Nov. 21 9*4 ft®7* 6 4*2®7 7**
"
28 9%® 10*4:0 6 ®7 9
Dec.
5 10 UlOh'd 9 ^8 0
“
12 10%®10Sfe
10hG9 1*2
“
19 10 VUPfi
9
d>9 0
44
26 10 KW7*
0
0
9 &9 0
2 10 /&l()7»
Jany.
"
o m 3
9lO*s#lO%
44
16 lOV* 107*
lh®9 4**
23 10*«®107*
3
6
Cott'n
Mid, 32* flop.
Uplda Twist.
d.
8%
67*
d.
d.
8*4 lbs.
Shirting*.
s.
77*®8% 5
8
8
®8% 5
#8% 5
f*u ,7^8*9
5
d,
6
6
6
3
3
s.
V7
/a>7
<a>7
6**1 < 7**3M»4 5
"a>7
07*
7^8*4 5 3 ^7
77*a>8s* 5 6 3)7
7*i« 7\mn 5 6 V7
7*s
77*;&*s* 5 7H'*7
7
77*a»8** 5 7H'*7
d.
Cott'n
Mid.
Ifplds
d.
4**
4*9
4*9
4*9
4*9
4*9
0
6
7*9
7*9
Vi
Us
5%
£i«
Gunny Bags, Bagging,
Etc.—Bagging is looking better,
there are some orders in market, and the
Inquiry is increasing.
There have been no
important
transactions
as yet, bat negotUtions are in progress. The
feeling among dealers Is that higher
prices moat rule, and there is a tendency to advance quotations
at the elose,
though we still quoteOpgOie. for If lbs,. 10@10|c,
for 2
lbs., and 11c. for standard qualities. Butts have been
rather quiet since the Urge transactions
recently reported, and
we do not hear of
any parcels being taken. There have been no
arrivals, and most of the recent receipts are placed. The market
Is ruling strong, with dealers
quoting 3c, for paper quality
and 3£c. for spinning grades.
'
CHRONICLE.
THE
98
New York this week show an
The Exports op Cotton from
as compared with last week, the total reaching 4,097
against 3,954 bales last week. Below we give our usual
showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1,1879, and in the last column the total
for the same period of the previous year.
Exports of Ootton (bales) from New York since Sept. 1,1879.
increase,
bales
table
Week
Exported to—
Liverpool
1
date.
period
previ’ua
876
2,861' 3,447 188,635 154,901
3,006
876
3,121
517
204
Havre...
1
260
4,252
6,606
3,447 195,241 159,153
517
204
Bremen and Hanover
200
254
16,621
9,981
17,288
10,648
11,129
1,202
2,124
635
650 30,541
12,485
400
650
433
Hamburg
Other ports
Y07
361
200
Total to North. Europe
833;,
All other
3,206
Total Spain,
3,206
&c
3,954
1.441
3.723
Grand Total
4,097 245,609 185.279
New York,
The Following are the Receipts of Cotton at
Boston, Philadelphia and Baltimore for the past
week, and since
September 1, 1879:
This
| Since
This
week.
from—
Baltimore.
Philadelphia.
Boston.
| Since
This
Since
This
Since
iSept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
Savannah
3,949 153,253
Mobile
14,304
”760 25,326
January 3d.;
brig, from New Orleans for Providence, before re¬
ported ashore inside Brenton’s reef, wus got off (with two feet of
water in her hold) and towed to New po't, Ii. I., at 10 A. M.
January 14th. Bottom of vessel vras chafed and she continued
leaking. The wreckers claim 40 per cent. The cargo is valued at
$14,000 and insured. Neither vessel nor cargo are supposed to be
very much damaged.
upper wTorks
Serena P. Smith,
freights the past week have been as follows:
Liverpool, steam d.
Havre, steam
Do
i,io6
33,873
Mon.
Tues.
3ie® *4
3ig®14
316
316® *4
316
^8® .*
hi
V
*3
5%<V. ..*
316
c8®...'
c.
sail
.
12
c.
V '
Bremen, steam, .c.
sail
Wednes.
Satur.
sail...<?.
Do
c.
.
sail...c.
*3
Amst’d’m, steam.c.
34
Do
3ig® J4 •*10®^
316
3l«
Os'®. ..*■
5s®...* Og®-
*2 •
Do
*8*
®8®- --*
*2
%
...®
...g>
®8®. ..*■
hi
Os®---*
*2
%
34
...@
12
Os*
hi
*2
V
*2
V
*2
sail...c. ...-gx
Fri.
Thurs.
3ie® *4
316
'
Hamburg, steam.c.
..1®
...g>
d. 716® l632 716®1532 716®1532 710®1532 71R® 1^32 71G® 153S
Baltic, steam
2.575
632 12,989
with rudder
caulking her
cotton, before reported, put into Fayal December 22d
head twisted; had a newT rudder stock made and wras
saiL.-^.d.
...®....
.
...®
..©....
...
Florida.
S.Car’lina
N.Car’lina
131
4,874
1.453
92,201
.
Virginia..
North,
3,698
92,335
74,431
6.296
4,816
for Havre, hav¬
on board 3,900 bales of cotton, took lire at 3 A. M. January
16th. The steamtug Protector filled the hold of the vessel with
gas and extinguished the Are.
Sarah Douglass, bark (Br.), Lean, from Galveston for Liverpool with
Do
N. Orl’aus
Texas....
head and
ing
Do
Yorl£
New
Charles, ship (Br.), Raymond, at New Orleans, loading
Cotton
3,660
and on
reported, encountered heavy weather during the passage,
December 22d, off the Western Islands, had mainmast
all attached carried away; chief officer ir\jured.
3,660
Spain, Op’rto, Gibraltar,&c
.
arrived at Reval 31st.
Wm. Burkett, steamer (Br.), from Savannah, aground near Malmo, had
discharged up to January 5tli about 3,000 bales of cotton, mostly
dry. She was floated on the 17th.
Adorna, ship (Br.), at Liverpool January 1 from New Orleans, before
100
Total French.
Receipts
reported that a third of the cargo of th<*
from New York, which went ashore on.
Terschelling, was discharged in sound condition.
Liddesdai.e, steamer (Br.)t from New Orleans for Reval, which put into
Shields December 15th, had burst superheater of port boiler. She
proceeded on her voyage on the 26th, as before reported, and
Hans a, steamer (Ger.) It is
steamer Hausa (Ger.),
9,881
16,621
Other French ports.
give all news received to date of disasters to vessels
we
carrying cotton from United States ports, etc.:
year.
3,006,
Other British ports
Total to Great Britain
Total to
Jan.
21.
Jan.
14.
Jan.
7.
Dec.
31.
Same
ending—
Below
| Vol. XXX
91,
pte
Tenn., <fcc.
Foreign..
1,223
5,669
8,674 118,954
I661
1,899
3,60i
7,744
.
60,592
275.245
2,429 119,926
27,202 541,724’ 6,515.159,814
2,439 43,041
1,697( 99,658
United
reached
concerned, these
So far as tbe Southern ports are
the same exports reported by telegraph, and published in
tbe Chronicle last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
94,319 bales.
are
night of this week.
Total bales.
New York—To Liverpool, per steamers Bothnia, 114
Nevada,
4
Brittanic, 890
per
Adriatic, 371
Kosse, 1,118
bark Koyal AlfreJ, 950
To Hamburg, per steamer Lessing
New Orleans—To Liverpool, per steamers Serra, 5,626
Amoor, 6,050
Historian, 5.200 and 40 bags seed cot¬
ton
per ships Virginia, 3,323
Devonshire, 5,156
Jan.
3,447
- 650
3,541....per ships Ivy,
steamer Abdiel,
2,149....Lydia, 4,701
'
10,391
1,026
6,100
611
508
1,363
2,100
1,520
1,200
Sorpresa, 610 Upland
3,100
Savannah—To Barcelona, per brig Ventura, 210 Upland
210
To Malaga, per bark Hugo <fe Otto, 1,000 Upland
1,000
Texas—To Liverpool, per bark Pater, 2,121
2,121
To Cork, for orders, per bark Weymouth, 1,947
1,947
rk
Garin,
753....
753
Wilmington—To Liverpool,
rpoo per bark Carin, 753
Norfolk—To Liverpool, per steamer Propontis,
Propoi
3,960
r 3,960
Tibernian (additional),
Baltimore—To Liverpool, per steamers Hil
615
Thanermore, 200
To Bremen, per steamer Leipzig,
Boston—To Liverpool, per steamers
815
1,021
Pembroke, 191
1,021
Hlyrian,
368
177
338,000
202,000
156,000
10,000
The tone of the Liverpool
week ending Jan. 23, and
been
as
Market,
Market.
5 p.m.
quot’y
lower.
363,000
58,01)0
41,000
7,000
290,000
268,000
7.000
270,000
245,000
Wednes.
5,000
305,000
281,000
day of the
Thursd’y
Dull,
DulL
Very
steady.
easier.
easier-
7*8
714
7*8
714
4,000
479,000
343,000
37,000
28,DUO
the daily closing prices of spot cotton, havo
Eas’r, but
not
6,000
501,000
143,000
130,000
Saturday Monday. Tuesday.;
[
5
54,000
10,000
42,000
48,000
5,000
4,000
market for spots and futures each
follows:
12:30 F.M.
Jan. 23.
16.
62,000
21,000
524,000
387,000
483,OOO
333,000
299,000
Zhe
7
'316
7*8
8,000
1,000
8,000
1,000
Friday.
Tending
Quiet and!
down.
steady.
7
7
7^8
7i8
'
)
J
8,000
1,000
Sales
Spec.A exp.
10,000
1,000
10,000
1,000
10,000
1,000
Futures.
Market,
5 P. M.
?
Barely
Dull.
-
{
Weak.
steady.
Dull.
B
below. These sales are on
unless otherwise stated.
Delivery.
7* is
Feb.-Mar
Mar.-Apr
d.
7B32<r> *8
April-May ....7532®3ig
77j2 ® *4
May-J uue
June-July.... —7y32
gl
clause,
the basis of Uplands, Low Middling
Saturday.
Delivery.
d.
July-Aug
75i6
Aug.-Sept
7**8
Jan.-Feb
.....7im
Feb.-Mar
7332
Mar.-Apr
‘
'
3,000
Of which American
4,399
Ventura, 370 Upland
7,000
Actual export
Mid. Upl’ds
Mid. OrFns.
To Bremen, per steamer Colombo, 1,026
To Reval, per steamer Mangerton, 6,100
To Barcelona, per bark Altagraeia, 611
To Trieste, per bark Zeus, 508
.Mobile—To Havre, per bark Ludwig, 1,363
To Barcelona, per ship Joaquin Serra, 2,100
"
Charleston—To Liverpool, per bark Cosmopolita, 1,500 Up¬
land and 20 Sea Hand
To Havre, per bark Secunde Emilie, 1.200 Upland
•
To Bremen, per steadier Priuz Frederick Carl, 4,301 Uplands
and 98 Sea Island
...
To Barcelona, per bark Aurora, 2,120 Upland....per brigs
19,000
53,000
Amouut afloat
Jan.
9.
76,000
28,000
56,000
6,000
4,000
65,000
Sales of the week...
bales.
Forwarded.
Sales American
Of which exporters took
Of which speculators took..
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Spot.
Chipman, 3.901
General Sheploy, 3,643
Benlomond,
4,363
Enoch Train, 5,984
per bark Wimmera, 2,450. 45,709
-
Dec. 19 to
Dec. 31.
462
4,233 55,974
Havre, per
the week’s sales, Rtocks, &c., at that port:
10,000
40,345
Shipping News.—Tbe exports of cotton from the
States the past week, as per latest mail returns, have
To
ent of
......
This year. 31,761 742,459 16,791
East year.
316
937
70
....
36,298
4,5311 94,206
6.579 105,111
rpool.—By cable from Liverpool, we have the following
7,255
65
2,579 35,034
3,606 163,809
Delivery.
June-July
d.
Mar.-Apr
May-June...
7»1S
7J15.
71s
7732.
7532
June-July
7y32r
7y32
75,6
Delivery.
May-June
Aug.-Sept
7732:
7%
Feb.-Mar
Monday.
Delivery.
Delivery.
7l32
Jan.-Feb
Feb.-Mar..-
Mar.-Apr
Apr.-May
May-June
7Ji«
June-July
July-Aug
7S32
7332®i8 Feb.-Mar
7»32 Apr.-May
7732
7316
7*4
May-June
Oct.-Nov
Feb.-Mar
,...7
7*1$
Tuesday.
Total
The
form,
particulars of these shipments, arranged in
follows:
94,319
our usual
are as
pool <fc
Cork.
New York... 3,447
N. Orleans ..45,709
Mobile
Charleston
1,520
HamHavre,
....
10,391
1,363
1,200
burg.
C50
1,026
4 399
Wilmington.
Norfolk
Baltimore...
Boston
6,100
....
aga.
2,100
3,100
1,000
.
Total.
4,097
64,345
3,463
10,219
1,210
4,068
4,068
753
753
3,960
3,960
815
368
Trieste
508
611
210
Savannah.
Texas.,
Barce- Mal-
Reval. Iona.
1,836
1,021
Mar. - Apr
7®6?l32
7 ®6 3i32
7i32®7
7iie®132
Apr.-May
..7332®1ig
Jan
Jan.-Feb.
Feb.-Mar.'
Bremen &
Liver-
Delivery.
368
Wednesday.
Delivery.
Jan.-Feb
7® 63i32
Feb.-Mar
7 ® 63132
Mar.-Apr;
7* 32
Apr-May
7332g i16
May-June
60,64012,954 7,096
6,100 6,021
1,000
503 94,319
7!8®332
Jan..
Jan.-Feb
Delivery.
June-July —7732 ®3ig
7J4®732
July-Aug
-63i32
Jan
—7532
June-July
6i5ie
6lbie
...6l5i5
®3132'®1»1q
Delivery.
Apr.-May
July-Aug
Jan.-Feb
Mar.-Apr
7*32
-..73 J6
6i£»ie
7
Thursday.
Delivery.
Delivery.
Feb.-Mar
Total...
Delivery.
-Delivery.
7*4
May-June
7532@18 July-Aug
Mar.-Apr
7iig
June-July
73,6
J..7332
Oct.-Nov..
6i»is May-June
.7-32
Mar.-Apr
Feb.-Mar
7332
May-June
7*8
Apr.-May ....
7332
Mar.-Apr,.
.
6^32® 7
f.
Apr.-May
May-J une
... -
'3>31«j2
7i32
73s2 ®110
Delivery.
June-July
...7%
Aug.-Sept
7732
7316
Aug.-Sept
'*K ^t -'A]
~
January
THE
24, 1880.]
CHRONICLE.
99
Friday.
"
'-*
Delivery.
Jan.-Feb
63i32
Feb.-Mar
63i32
Mar.-Apr.... ...7® *32
Apr.-May
7ii6
May-June
7332
7k
Feb.-Mar.
May-June
June-July
7532
7318
Mar.-Apr
Apr.-May
7k
May-June
July-Aug
...7
Feb.-Mar
Delivery.
Apr.-May
Delivery.
.
Jan
7
Jan.-Feb
7
..
June-July.. ^
.7532
7'be
7732
7»32
July-Aug
....71is
Mar.-Apr
7i38
-7332
1880.
1879.
Flour
.bbls.
1878.
324,707
310,732
320,423
261,312
Wheat
Corn
Oats
bush.
3,495,274
5,738,761
1,005,017
•
424,534
175,923
3,912,428
3,708,270
1,064,048
359,221
3,088,555
2,828,638
1,020,304
486,420
174,630
1,319,200
3,672,552
687,502
10,839,509
9,215,252
Barley
Rye
Total
Friday, P. M., January 23, 1880.
The market has been
grain...%
Total
BRE ADSTUFFS.
dull for all grades
of flour, and
great pressure to sell, prices have
171,285
receipts (crop movement) at the
to Jan. 17,
inclusive, for four years:
1879-80.
Flour
bbls.
3,651,532
1877.
352,944
186,701
7,598,547
6,218,899
same ports from Aug. 1
1878-79.
1877-78.
3,155,088
3,194,112
1876-77.
2,904,994
although there has been no
65.879,704
60,001,292
46,753,846
30.714,213
50,237,391
43,775,665
37,918,254
42.322,453
given way more, especially for the low and medium grades,
15,428,451
17,924,028
13,531,861
11,732,292
which had been relatively high. The higher grades have been
8,291.418
7,400,997
6,975,280
6,820,794
3,128,011
1,128,628
2,201,467
1,994,185
depressed, and yet have not yielded much; consequently, the
Total grain
142,964,975 130,230,610 107,200,703
range of prices is again widened.
A material decline has
93,553,937
Comparative
shipments of flour and grain from the same
occurred in rye flour. Corn meal and buckwheat flour, though
ports from Jan. 1 to Jan. 17, inclusive, for four years:
dull, are without reduction in values.. Stocks of wheat flour
1880.
1879.
1878.
1877.
Flour
bbls.
272,905
289,816
292,659
are large, but holders see no
247,027
opportunity of moving large
536,647
lines, except at concessions, which they are unwilling to make, Wheat......bush.
1,328,241
2,272,110
394,688
Corn
2,016,493
1,515,273
3,114,132
1,400,731
but purchases could be made at some reduction. To-day, the Oats
757,105
660,472
339,873
352,071
Barley...
189,778
283,472
market was dull and prices unsettled.
198,516
196,049
Rye
124,766
90,717
....
The wheat market has been variable and unsettled.
Gener¬
ally the tone has been weak, under the influence of the
accumulating stocks, free receipts at the Western markets
and good crop prospects.
The Western markets have also
declined, and there have been
leaders of the
rumors
of
embarrassment to
“Bull” party at
70,103
Total grain
....
Rail and lake
Week
3.624,789
Jan. 17
Jan. 10
Jail. 3
Dec. 27
3,994,739
2,485,24
shipments from same ports for the last four weeks
Flour,
bids.
94,137
ending—
3,878,175
61,120
Wheat,
Corn,
bush.
174,461
183,500
178,686
199,107
114,811
163,957
Oats,
bush.
675.083
Barley,
bush.
206.488
312,537
238.080
768,139
573,271
Rye,
bush.
bush.
69,966
31,347
59,434
60,378
79,535
47,087
46,332
Chicago. Last evening, the
153,730
415,193
156,749
38.380
market broke badly, No. 2 red winter
selling at $1 [45 for Total, 4 w’ks. 526,641
735.754 2,461.686
913,854
269,313 163.166
February and $1 47% for March, closing at $1 45%@$1 45% for 4wks 1878-9. 391.167 1.786,838 1,940,828 826.215 367,528 106.0~
Receipts of flour and grain at seaboard ports for the week
February and $1 47% for March; No. 1 white for January ended
Jan. 17:
$1 41%, closing at that bid; $1 42% bid, $1 43 asked, for
Flour,
Wheat,
Com,
Oats, Barley, Rye.
bids.
bush.
bush.
bush.
bush.
bush.
February, and $1 45% for Mareh; also No. 2 red winter in NewAt—
York..
102,552
205,876
410,953 324,274 48,015
6,400
store for export at $1 44. To-day, the market was steadier but Boston
37,925
60,431
156,000 21,364 26,281
4,700
Portland
1.500
65,000
1,500 13,875
60,000
quiet; No. 2 red winter sold at $1 47%@$1 47% for March. Montreal....
2,974
2,000
3,620
After ’Change the market was steady—No. 1 white, $1 44% for Philadelphia
12,915
50,500
245,000 51,800 23,500
2,500
Baltimore...
17,500
128,600 436,650
6,200
3,500
March; No. 2 red winter, $1 44%@$1 44% for February; New Orleans
6,403
200,725 16,355
$1 47%@$1 47% for March, and$l 49% April.
Total week..... 181.769
512.410 1,509,328 425.113 111,671 17,100
Indian com has been quite irregular. Lots on the
spot have Cor. week’79.... 119.862 1,213.002 852.656 205,308 85.450 37,746
And from Jan. 1 to Jan. 17, inclusive, for four years:
been in demand, and there were hints of a speculative “ cor¬
1880.
1879.
1878.
1877.
ner” on January contracts. Thus, while No. 2 mixed advanced Flour
bbls.
672,064
377,301
507,928
370,891
to 61%@62c. on the spot, it sold down to 56%c. for
bush.
May, and Wheat
2,458,311
2.781,698
3,394,559
401,656
5,275,782
the closing bids last evening were 57%c. for Feb,, and 56c. for Corn
2,681,#53
4,296,562
3,011,178
Oats
1,213,183
561,778
493,056
.
March.
There has been considerable done in “steamer” No. 2,
closing last evening at 59%@59%c.
on
the spot, but only 56c.
bid for Feb. and March, and 53c. for May.
To-day, there was
no essential
change, but some weakness in lots on the spot.
Futures closed weak. No. 2 mixed, 58%c. for
February ; 56%e.
for March and 55%c. for May.
Rye has been more freely offered, and declined 3 cents, prime
boat loads selling at 90c., and car lots at 88c. Barley has been
dull and nominally unchanged. Oats met with only a
moderate
trade, and prices have been quite variable. There is some
effort at speculative manipulation. On Tuesday, No. 2 mixed
sold for February at 59%c., and yesterday at 58%c. The mar¬
ket to-day was lower with No* 2 graded quoted at 47%c. for
mixed and 48%c. for white ; also No. 2 mixed for
70,593
218,212
78,238
491,008
27,532
539,428
152,930
70,794
9.382,280
6,320,977
8,703.317
4.175,986
Barley
Rye
364,406
Total grain
....
Exports from United States seaboard ports and from Montreal
for week
ending Jan. 17:
From—
New York
Boston
Flour,
Wheat,
bbls.
bush.
86,669
6,719
Portland
Montreal
Philadelphia..
303,159
61,212
7S3
Oats,
bush.
753
48,000
100,126
128,109
489,727
99,523
78,808
512,497
1,394,812
1,155
1,188.893
963,793
6,704
.
The’following
are
GRAIN.
No. 2
# bbl. $3 80® 4 30
Superfine State and
Western
4 70®
Spring wheat extras..
Southern, bakers’ and
family brands.-.
South’u ship’g extras.
Bye flour, superfine.
~
No. 3 spring, # bu.$l 32 ® 1 34
No. 2 spring
1 36 ®1 38
Amber winter... 137 ®1 43
Red winter, No. 2
® 1 44
White
134 ®142
No. 1 white
1 41k®l 42
Corn—West, mixed
57 ® 61k
Western No. 2,old
60 ® 61k
Western Yellow..
....®
Western White...
61
®
65* ‘
91
®
Rye.
93 k
5 25
5 40® 5 05
do XX and XXX...
Winter shipp’gextras.
do XX andXXX...
Minnesota patents...
City shipping extras."
Wheat-
5 75®
7 00
5 75® 6 15
6 25®
7 25
6 50® 8 00
5 50® 6 25
6 50® 7 25
6 00® 6 40
4 80®
5 15
Oats—Mixed
Corn meal—
46k®
.
White
Western, &c
Brandywine, <fee....
Buckwheat flour, per
100 lbs
2 80® 3 00
3 25® 3 30
Barley—Canada W.
State, 4-rowed...
State, 2-rowed...
185®
2 15
Peas—Can’J^.b &f.
47
90
77
72
48k
50
®1 02
®
85
®
77
®
82,®
95
Receipts of flour and grain at Western lake and river ports
for the week ending Jan. 17, 1880 :
Flour,
.
At—
Chicago
Milwaukee
Toledo
Detroit
Cleveland
St. Louis
Peoria
Duluth
bbls.
(196 lbs.)
37,900
37,683
375
4,107
1,783
19,654
965
Wheat,
bush.
Corn,
bush.
_
<60 lbs.)
310,447
345,100
80,572
45,393
8,100
105,403
3,600
(56 lbs.)
-
620,859
12,716
119,438
17,981
51,750
459,810
166,330
Barley,
Rye,
bush,
bush.,
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
96,068 43,610 12,149
14,050
3,005
29,890
9,305
11,200
25,863
3,695
1,350
18,335
44,800
17,000
7,750
98
21
Albany
Buflalo
Chicago.
Do
afloat....
Milwaukee
Duluth
Toledo
Detroit
Oswego
St. Louis
Boston
Toronto
Montreal (1st)....
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments...
Lake shliunents..
Total
Jan. 10, ’80
Jan.
3. *80
Dec. 27, 79
Dec. 20, ’79
Jan. 18, '79
Wheat,
bush.
7,805.129
998,000
1,000
812,775
8,514,658
141,880
4,521,391
120,000
1,254,898
1,600,275
475,000
1,019,537
217,035
303,367
134,246
543,880
9.017
156,830
785,274
Cora,
36,999
92.306
59.206
36,999
122
bush.
Oats,
.
bush.
750,322
78,000
85.500
84.000
18.058
19,114
......
9,500
269,500
236,115
276,600
168,959
446,434
675,083
follows:
sa
bush.
604.866
362,284
603,000
338.000
58.800
340,064
775,048
61,900
271,880
614,642
108,565
1,616
130,121
42,000
5,832
610,000
143,327
49,327
181,199
8,932
26,378
117,546
1,159.126
4,157,057 1,118,588
1,247,960
26,867
56,346
479,418
12,510
260,000
819,344
177,561
was as
Barley,
1,391.633
29,000
98,895
5.666
2,000
145,451
173,377
4.000
5.606
58,795
6,831
2,890
182,500
146,584
4,102
53,250
12,809
11,767
206,488
69,906
31,347
11,927,167 3,^17,942
11,864,045 3,292,516
11,484,034 3,074,106
10,175,216 2,795,105
9,307,730 2,672,165
19,254,560 9,866,255 2,516,455
4,103,114
4,401,210
4,393,915
4,529,297
4,669,584
1,068,112
1,435,603
174,461
31,023,306
30,309,361
29,620,312
28,634,366
27,857,589
6.800
1,152,102
1,136,170
1,091.333
1,127.834
5,064,270 1,475,260
THE DRY GOODS TRADE.
9,333
14,430
.
Business has been
Friday, P. M„ January 23, 1880.
moderately active the past week with the
dry
commission
goods
houses, bat foreign goods moved
59,689
ports from Jan. 1 to Jan. 17, inclusive, slowly, and the jobbing trade was comparatively light. South¬
1
•
ern and Southwestern
buyers continued to operate freely, an
Total
102,667
89S,615 1,478,882
Same time’79.. 99,300 1,227,532 1,299,009
Total receipts at same
for four years:
Oats,
92,306
The visible supply of grain, comprising the stocks in
granary
at the principal points of accumulation at lake and seaboard
In Store at—
New York........
Do. afloat (est.)
closing quotations:
FLOUR.
Peas,
bush.
300
February at ports, and in transit by lake and rail, Jan. 17,
48c.
Rye,
bush.
195,162
5,352
Baltimore
Total for w’k
Same time’79.
Corn,
bush.
581.814
204,291 113,880
345,110 141,813
43,781
domestic
k
THE CHRONICLE.
100
\vou xxx.
Domestic Produce.
Receipts of Leading Articles ot
during the week a considerable accession to the num¬
The following table, based upon daily reports made to the
ber of Western buyers in the market, which is consideredNew
York Produce Exchange, shows the receipts of leading
indicative of a brisk movement in the early future. Most
relative activity was observed in our staple cotton and woolen articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports)
fabrics, but there was also a marked improvement in the
demand for printed calicoes, piques, dress goods, &c, many new also the receipts from January 1, 1880, to that day, and for the
lines of which were opened by manufacturer’s agents. The corresponding period in 1879:'
1
tone of the market has lost none of its buoyancy, and prices of
Week ending Since Jan. 1, Since Jan. 1,
1879.
nearly all textile fabrics are very firmly maintained by both
Jan. 20.
1880.
agents and jobbers, owing fully as much to the actual scarcity Ashes
194
47
205
bblS.
965
of goods, as to the high cost of raw materials, &c.
3,974
3,332
Beaus
Domestic Cotton Goods.—The exports of domestics from this Breadstuffs—
211,223
...bbls.
92,449
310,669
Flour, wheat
1,521 ;
4,588
7,713
Corn meal
port during the week ending January 20 were 2,369 packages,
1,154,450
..bush.
882,476
197,900
Wheat...
of which 2,016 were sent to London (for transhipment to other
28,728
5,338
16,756
Kyc
529,638
178,766
1,474,928
Corn
markets), 118 to Venezuela, 84 to Brazil, &c. There was a
179,168
162,620
750,682
Oats
177,931
253,879
101,328
Barley and malt.. ...hush.
steady demand on the part of the home trade for nearly all
17,652
1,604
32,791
Peas
70,152
descriptions of plain and colored cottons, and prices ruled ex¬ Cotton
126,306
37,265
903
4,009
1,510
...bbls.
seed oil
ceedingly firm. Four-yard and fine brown sheetings developed Cotton
1,731
228
2,482
Flax seed
.bags.
an upward tendency, and Pepperell fine browns, Lawrence LL,
17,207
14,409
5,666
Grass seed
16,266
11,142
2,440
Hides
and other makes were advanced by agents. Bleached cottons Hides
557
.bales.
3,557
5,274
378
1,685
4,929
ruled firm at the^ late advance, and higher quotations were Hops
243,954
214,564
..sides.
48,606
Leather
made for some makes of cottonades, rolled jaconets, &c. For Lead
778
329,838
3,377
Molasses
white goods, piques and quilts there was an unabated demand,
25,695
19,005
6,600
A ;bbls.
Molasses
and leading makes are largely sold ahead. Print cloths opened Naval Stores—
160
50
Turpentine, crude. ...bbls.
2,319
quiet, but the demand was more active toward the end of the
5,4/2
1,237
Turpentine, spirits. bbls.
13,429
15,194
...bbls.
5,91 L
Rosm
week at about last quotations. Prints were in irregular de¬
640
81
1,267
Tar
157
25
.bbls.’
Pitch
mand, but light and medium fancies, solids and shirtings met
16,708
34,597
Oil cake
10,100
.pliers.
with a liberal distribution, and printed lawns and piques re¬
926
145
428
...bbls.
Oil, lard
.galls.
ceived a fair share of attention from early buyers.
Oil, whale
5,701
6,936
1,795
Peanuts
Domestic Woolen Goods.—There was an irregular but fairly Provisions—
M,12s
5,522
1,696
Pork
.pkgs.
satisfactory demand for men’s wear woolens, in which both light
2,922
1,751
1,428
Beef
.pkgs.
there
was
-
*
..r.
•
.
.
.
*
..
..
..
-
.
.
.
.
3
105,287
91,325
30,640
Cutmeats
..pkgs.
heavy-weight fabrics participated ; but transactions in the
53.581
62,417
10,154
Butter
..pkgs.
former were chiefly restricted to making deliveries on account
50,714
37,766
12,623
Cheese
6,850
12,902
..:bbk
4,231
Eggs
of former orders.
Values of clothing woolens are firmly main¬
•Cl ,382
27,755
Lar<l..
7,780
tcs. ct bbls.
2.466
202
3,952
Laid
tained, and some makes have a strong upward tendency.
..kegs.
19,882
16,735
....No.
6,645
Hogs, dressed
Heavy cotton-warp and all-wool fancy cassimeres and cheviots Rice
1,642
5,953
2,401
..pkgs.
9,630
3,531
2,183
were freely sought for by the clothing trade, and the entire
348
2,925
1,223
Stearine
.pkgs.
409
season’s product of several prominent mills has already been Sugar
6
...bbls.
3,738
4,666
hhds.
1,812
secured by this class of buyers. Overcoatings were in steady Sugar
6,869
6,718
Tallow
-pkgs.
3,982
6,923
4,913
2,415
boxes & cases.
request, and there was a fair inquiry for the most popular Tobacco
1,315
789
1,630
makes of worsted coatings. Transactions in Kentucky jeans
18,090
17,857
.bbls.
7,127
Whiskey
98
3,889
1,133
Wool
were mostly confined to making deliveries on account of back
orders/ but prices ruled firm.
Satinets were in moderate
Exports oi Leading Articles of Domestic Produce.
request, at unchanged prices. Flannels, blankets, shawls and
The following table, based upon Custom House returns, shows
skirts, were taken in relatively small parcels for the renewal of
the exports from New York of all leading articles of domestic
assortments, and worsted dress goods (spring styles of which
produce for the week ending with Tuesday last; also the exports
were opened by agents) have received increased attention.
^Foreign Dry Goods.—Aside from linen goods and Hamburg from the 1st of January, 1889, to the same day, and for the corin 1379:
embroideries (in which there was a fair movement) imported responding period
goods have been quiet in first hands, and the jobbing trade was
Week ending Since Jan. 1, Since Jan. 1,
1879.
1680.
Jan. 20.
by no means active, but prices are steady in this market and at
the centres of production abroad.
55
15
5
...bbls.
Ashes,
and
'
.
.
.
Importation** of Dry Good*.
The
importations of dry goods at this port for the week ending
and for the corresponding weeks of 1879 and
Jan. 22, 1880,
1878, have been as follows:
ENTERED FOR CONSUMPTION FOR THE WEEK
1878.
-■
|
...bbls.
4,828
...bbls.
.bbls.
.bbls.
..
Value.
Pkgs.
Pkgs.
Value.
Value.
Pkgs.
.
Manufactures of—
Wool
Cotton
Silk
Flax
Miscellaneous
Total
WITHDRAWN FROM
48.7
850
407
832
500
$
256,429
271,320
245,678
|
207,533
112,214
$
!
$
438
199,008, 1,468
1,000
287,274 2,077
344,100; 1,402
484
942
451
209.103
3.146
99,301
1,00/
620,864
950,010
914.299
264.269
3,200 1,093.18oi 3,315 1,132,652 10,550,3,396,237
W'AREHOl^E AND THROWN INTO THE MARKET DUR¬
ING THE SAME PERIOD.
Manufactures of—
Wool
Cotton
Silk
Flax
Miscellaneous
110,462
571
18,004
132,710
101,158
124,599
67,974
396
270
97
734
175.042
87,359
96,432
143,413
26,484
1,685
47,038
45,738
117,168
Ent’d f or consumpt.
547,228
2,193
3,200 1,093,180
1,202
340,057 3,182; 549,284
3,315 1,132,652 10,550 3,396,237
market...
5,393 1,640,408
4.517 1,472,709 13,732 3,945,521
Total
Total
on
ENTERED FOR WAREHOUSE DURING SAME PERIOD.
Manufactures of—
Wool
Cotton
Silk
.Flax
Miscellaneous
496
260
72
283
24
222,135
68,922
38,801
75,833
6,049
121
207
35
257
4,165
56 265
4(L937
30,797
52,319
54,017
273
368
121
642
231
Pitch
1,231,675
9,366
2,123,389
95,156
201,392
6,847
4,617
92,306
112 040
.
95,860
97,539
154,089
42,025
1,185
411,740
3,200 1,093,180
501,553
240,335 1,635
3,315 1,132,652 10,550 3,396,237
Total at the port...
4.335 1.504.920
8,100 1,372,987 12,185 3.897,790
4.785
„
763
30
......
514
555,988
273
966
.pkgs.
.
.tons.
..
3,685
2,369
bales.
..
.
..
938
5,442
3,980
.bales.
518
1,191
bbls.
..
bbls.
..
...bbls.
.bbls.
..
19,813
900,806
3,367
2,211
16,311
11,399
.
'
.bales.
..pkgs.
.
26,386
1,330,405
1,777
5,238
9,922
t
2,448
3,114
11
260
545
1,291
3,108
10,824
174
117
249
177
214
184
62,666
136,471
75,024
-
Oils—
trals.
Whnle
Sperm
Lard
Linseed
Petroleum....
...gals.
gals.
8S5
885
1,672
4,000
24,095
53,098
456
926
606
...gals.
6,779,676
21,393,982
6,929,103
.bbls.
2,517
10,647
1,947
4,088
23,187,456
977,367
5,409,673
13,483
2,502
2,402
35,673,176
1,360,531
3,818,063
..
-
Provisions—
Pork;...
Beef
Beef.
Total
Ent’d forcousuoipt.
6,908
Rosin
82,693
169
116
360
327
284
694
419,207
-
.
Spirits turpentine.
far
252
506
180
684
.busli.
.bush.
..busli.
Hay
Hops
*•
200
.
Peas
Cora
Candles
Coal
Cotton
Domestics
Naval Stores—
Crude turpentine
240,929
.bush.
.
Barley....
-
.bush.
.bush.
.
Oats
-
126,989
88,629
..
Rye
1880.
......
,
Corn meal
Wheat
1880.
ENDING JAN. 22,
1879.
I
pots
Ashes, pearls
Beeswax
Breadstuffs—
Flour, wheat
Flour, rye
..
419
tierces.
Cutmeats
....lbs.
Butter
Cheese
Lard
...bbls.
Rice
Tallow
Tobacco, leaf
Tobacco
bales and cases.
1,236
9,526,979
358,609
2,089,446
4,628,975
10,450,143
16,239,346
95
426
1,094
2,328,968
3,806.457
4,580,877
164
742
*
2,792
2,488
Tobacco,manufactured, lbs.
35,716
463.266
....lbs.
3,157
15,661
Whalebone
2,225
2,034
524,074
.
@FedFRASER