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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
NEW
VOL. 22
YORK, JANUARY
THE
FISK
National Bank-Note
(mCORPORATKD NOVBMBBE,
1
No
1876
Financial.
Financial.
OFFICE, Xo.
29,
& HATCH,
No. 5 .NASSAU
UTAUC STREET,
We give particular
NEW YORK.
Financial.
BANKERS,
Co.,
1859.)
STm
DiRXor DK&LiKdB
&
Munroe
John
Co.,
No. 8 Wall Street, New York,
No. 4 Post Ofilee Square, Boston.
CHkQlIES ANU CAULK TKANSFEKS ON
inUNRWB *
NRW YORK.
atteDtlon tJ
553
CO., PAKIM.
STKULINU CHEQCKS ON
ALEXANDERS, CI'NLIPFES A
CO.,
London.
IN GOTKBNMKNT Bonds at Ci;aRKNTUA.BKItT BATK8,
and are prepared, at lill times, to buy or fell Id luree
or Butall amojiits. to suit all cUssei of Inveitore.
Orders by mall or telegrapl) will receive careful atteD-
C:>NSOLII*ATEU
United States Bonds, Notes, Cnrrenoy
and National Bank Notes.
tlon.
Circular Notes and Credtts roR Teavklebs
TVe ^liall be pleased to furnish tnformatliD la
reference to all matters contiected viih laveituieDts
134
BNORlTINa AND PkINTINO OI"
BANK-NOTES, STATE AND KAILROAD BONDS,
POSTAOE AND RETENUB STAMPS,
OEBTIFICATES, DRAFTS, BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,
in the Mgheet style of the art with tjxcial eqft-
Id
EH6RATEB8 OP THB
guards devised and patented, to prevont counterleiting and alterations.
This Company engraves and prints bonds, postage
stamps and paper money for varioaa foreign
tioTprument Bonds.
We also buy and sell Gold and Gold (oupoys,
CoLLEor DiviDKNDS.and Towk. County aud Static
Coupons, &c.. and buy and sell.o.x Commission', all
Mavkbt tBLs Stock and Bonda.
Id our
Banking DaPAETMeKT we
of fuur per cent.
FISK
—
Govcmments and Banking Institutions South
American, European, West India Islands, Japan, &c.
Communieattons may he addretted to thU
Greenebaum
Bros.
BANKERS,
Company in any language,
J.
J.
1
ANTWERP, Pres't.
MACDONOVGB, Vlce-Pres't.
H. VAN
& Co
BROAD
Stocks,
and sold
We
,
NEAV YWHK.
Bonds and Qovernment
Securities bought
New York Stock Exchange.
Special Attention to State,
at the
give
City,
ST.,
Oonnty and
J.
Aug.
fi9
BBOWIT.
J.
and Califuiula.
Deposit accoanta received on favorable ter
We give special attention to the Investment of
money, upon mortgages on Improved Ueai Estate In
Chicago and vicinity, givlne t*; capitalists, avalllrg
hemselves uf our serviccfi.safe and profitable lovcstments.
Henry
WA1.BTOM H.BBOWN.
Brown & Son,
BANKERS,
Liberty Street, New
Co.,
45 Pall mall, London, Eneland.
CIKCULAK NOTES /rwio/ cAari7«, available
In all parts of the world.
Grant
COMHEUCIAL CUEDITS
York.
Charles G. Johnsen,
Collections on all Points.
Receive, Deposit
Genera] London and Foreign Uanklug Uualness.
KING, BAILLIE &. CO., Liverpool.
KING, KING &. CO., Bombay.
KINO, HAiniLTON & CO., Calcutta.
Sherman
&
Co.,
of iiamburs; and
Loudou, (Limited.)
HOUSE IN EUKOPB,
JOHN BERKNBERG, GOSSLER
Si.
CO
HAMBCKO.
&
W.
Gilley, Jr.
Co.,
BANKRnS AND BROKERS,
F.
64 BROADWAY AND 19 NEW STREET,
P. O.
"Sew York.
Box 4299.
Order 8 In Oovernraent BecnritlAii, Ballway Shares
and Honfl», exe.utea sirlrtly ou Cummlssluu, at the
New Vcrk Slo k i- xchaoire.
Parilcular att' ution naUl to lovestmeDts. PorelKn
Ifxcliauge Muught ana Sold. iJepu^tis received sub*
Ject to sli:lit chr^ck, and Interest allowed uu dally
balances, accor* log to the naiuic of the aecouDi.
Prompt attention ^ Vf n to Culleclons «»d Kenilttances. Inforjoittloacoi ceiutug a y speciUedsecarlty
will bt! cheerlully furulahed wiLhoui charte.
W. GiLLKT. Jb
K.S. UlLLlT.
Member N. Y. S!o''k Kxchange.
J. NumoM Tappan, Special.
y.
,
Albert H. Nicolay
& Co.
stock Anctioneers and Brokers,
No. 43
PINE STREET,
NEW YORK.
OF
STOCKS AKD BONDS,
Every Monday and Thursday, or
Co.^
Made
o:^
all othie Days.
DPOS ONE DAY'S hOTICE.WHEN KIQUIKED
Our Established Custom 23 Years.
tV
Stocks and Bonds bought and aold at the
York Stock Exchange, and
at private sale,
Vorlr.
Grant,
C.
GBMXBXl, KXOHANOS A.ND PavKIHG BOBlNiaS.
COLLKOTIOHa <Jti ALL PolSTa,
Nov
on commli-
alon.
IT*
Securities not dealt In at the Stock Boards a
specialty with this houae for
many
years.
Municipal Bonds, Kallroad Bonds
and other Incorporated loans negotiated on
terms.
VTASHINGTON, D.
LA.
Bank
International
IV First-class
BANKERS,
166 ORAVIKR STREET,
NEW ORLEANS,
&
Brothers
BANKERS,
VTall street. Vew
&
OOBRE^PONORNTfl or
Special Sales
Execute Orders on the London Block Eicbangi;.
4T
BANKER,
;c Sta.e Street
GOSSLER
for use againai
Cousigumenta of Merchandise.
McKim
BdToN,
Pearl Street.
CT-REGULAK AUCTION SALES
and Current Accounts on favorable terms, and do a
RAILROAH SECURITIES.
AJMD
&
King
Issue
Make
BPKCIAL ATTENTION QIVKN TO THE NBOOTIA
TION OK
MERCHANT
S.
BANKERS,
Town
Bonds, and
Necnrltles of defaulted Railroads lor
which there Is no regular market.
QUOTATIONS FURNISHED.
AUeUSTUS
Nassau Street, Nomt York,
Issue Bills of ExclianKe, Travelers* and Comnierela
Credits, available in tlie leading cities of Europe and
the Uaited States.
Make Telegraphic Tranafers ol money on Europe
STOCK BROKERS,
30
& Co.,
(CoBNEK OF Wall Stbk«t.)
CHIOaOO HOUSK: IlKNUr OHEENEBAUM & CO
SHEPARD, Treasurer.
JNO. E. CURRIKH, Secretary.
A. D.
Edward C. Fox
HATCH.
A:
BANK, LONDON.
NEW YOKE,
receive deposits
and reinUtauced tubjc^t lo drafi.and allow In'ercstt
to be credited n)on<h'y,on balances averaging, lor Ihc
month, from $l.(.OiJ to $5.iX0, at the rate of three per
cent per anouin, aud on bjlancos avci'aglng over
15.000, at the rate
SIXTY DAV STEKLING ON THB
Andrew
34
liberal
^^^^^
Stuart
BANEBK9,
&
Co.,
PINE STREET, NEW^ YORK.
DRAW K.KCHANGK ONLlrerpool,
CO..
DAVID STUARTinScLondon.
Payable
Advances made on ConsicnaieBU.
TnOS. p. KILLKR,
B. D.
CORNKK OP BROAD, NEW YOUK.
&
81
Drexel, Hnrjes
Co.,
SocTO TuiBO
St.,
SI
& Co
Uoulevard llaussmaUD
Pari*.
Phlladelplila.
DOMESTIC AND FOREIGN BANKERS
Depoilts received subject to Uriitt. Securities, Gold,
»c., bouftlit ttiKl sold on CommliiEioi]. lniere»t allowed
ou iieposli*. Forclgo Kxchaiitre. Commercial C' edits.
Circular Letters lor TraTolers,
c«blB Irnnsfera.
aral.alilo lu all parti of ilie world.
ST.,
Baxkkes,
3
Begad
St.,
N. Y.
—
Sam'l
and Letters oJ
Credit for Travelers; also Commercial
Credits available in all parts of the World,
Negotiate First-Class Railway, City and
State Loans
if
Money
Make Telegraphic
;
II.
Transfers
CnA9.
I..
Capita], $850,000. Limit, $1,000,000.
RAILROAD BONDS, STOCKS, MISCKLLANEOl
AND LOCAL SECURIfltS, ETC.
State National Bank
OF NEW ORLEANS.
Our long experience In above class of Socurltle
enables us to be prepared to make ca^h bids by wli
to parties giving fall description.
CFOBMKRLT Louisiana Statr Bank.)
Transacts a General Banking Uuslness.
m«defreeof charge.
ghon
Especial attention
and Prompt
to Collections,
all
NEW YORK
LoND K— London Joint Stock Bauk.
Paris— Messrs. A.* M.IIeli^e.
Bank of New York, N. B A.
San FBANCI8CO— llie Bank of California, and The
Nevada Bank of San Francisco.
Nrw York— The
We give special attention to collections on all accesJ.
8.
B. F.
CO.,
WK.KM8,
&
New
street.
rOr.K CITY
BROOKLYN BONDS.
R. S.
8.
Konntze Bros.
W. K.MoALPiNR.VIce-Pres
Willis, Pres't.
t.
U. Kimball, Cashier. N.O. Lauvk, Secretary.
COMMISSION
INTEREST ON DRPOSITS.
VKUMILYE.
I
EDMUND
D.
UAXDOLPn.
WILLIAM
|
DONALD MACKAY,
LATHAM A. E18H.
HOWZLL W. BICKLKT
J.
&
Clinton
BLACK,
......
$300,000.
J. E. WalUs. M. Quln, E. 8. Jemlson
Geo. Schneider, R. S. Willis, T. A. Gary, W. K. McAl.
pine, D. The Ayers. J. Bernstein, J. S. Grlnnan, C. L.
Mi-.Kee.
Cleveland. Peter H. Rrtiard, J.
Special attention given to collections at all points
a the State, and reinlttancei promptly made, without
4nv cUarKe except custonfar rates of exchange.
DIRECTORS
Brooklyn, N. Y.
and transfer books, or make purchase and sale of Go
eminent and ether securities.
Religious and charitable institutions, and person
unaccustomed to the transaction of business, will Hi
this Company a safe and convenient depository
KIPLEY ROPES, President.
money.
f'
CHAS.B MARVIN, VIce-Prcat
Edgar M. CrLLXN. Counsel.
TRUSTEES:
Alex.McCne,
Henry Sanger,
Chas. R. Marvin, A. A. Low,
Alim. B. Baylls, S. B. Chittendei
I'homas Sullivan. Dan'lChauncey, Edward Harvey
H. E. Pierrepont, Joslah O. Ixiw, James D.tlsh,
Alex. M. White,
John Halsey,
Wm. K. BUMKKB, Secrairy
J.S.Rockwell,
W. U. Kingsiey,
John P. iiolfe,
GALVESTON, TEXAS.
Oasb Capital,
sts.,
»50C,000.
This Company is authorized by special charter to a
as receiver, trustee or guardian.
It can act as agent In the sale or management of rt
estate, collect interest or dividends, receive reglst
BUY AND SELL ON
RAILWAY !>TOCK!l, BONDS& GOLD. Texas Banking & Ins. Co.
R.
Catbier.
Financial.
Cor. of Montague
DALLAS, TEXAS.
New York Correspondent
JAS. A. TKOVVBKIDGE.
L'LIENTHAL,
The Brooklyn Trust Cc
Leonard,
BANKBBS
Vorlt.
SECUUITIKS,
WASH'N
i
N.
CAPITAL,
DEALERS IN ALL ISSDBS OF GOVERNMENT
C
$6,000,001
l,55O,O0(
President.
Cashier.
Adams
SI
&
FUED'KF. LOW,
*"""*"'•
lONATZ STKI-JHART,! Uanaeers
I'.
W. Gray, A. J
Longeope.
BKNJ. A. BOTTS,
8ell?man
Transact a general Banking bnalucss. Issue Cot
mrrclal Credits and Bills of Exchange, available In
par ts of the world. Collections and orders for Bond
Stocks, etc.. executed upon the mo,t favorable term
Hntchlns, P.
^nike.Coi Ennis, W. M. Rice, C.
& W.
Antliorlzed Capital, Fald'up and Reserve,
Texas.
ilble points.
Agents, J.
(
Capital, $600,000,
:
(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California
CORRESPONDENTS.
DIRECTORS W.
Anglo-Californian Banl
points
Sterling and fiancs bought and sold.
Houston,
THE
CoIlectlo:.e
Remittances made. Exchange purchased on
In the United States and Can«d i.
BAIKKERS,
10 and 18 Nassau
DEFAULTED MISSOURI COUNTY, CITT AN
TOWNSHIP BONDS MADE A SPECIALTY.
ALSO.
Caa tiler.
THE CITY BANK OF HOUSTON,
VERMILYE &
ST. LOUIS, no.
DDPOT,
C.
Pio llent.
;
AND DRAW EXCHANGK ON
Morton, Uosk & Co., - London.
HOTTINGUEE & Co., - - - PaEIS.
Hope & Co., - - - Amstkedam.
NEW
„
New
Bauk
.
Kbnxkdt,
Notes
Circular
Issue
BANKERS AND BROKERS,
payin»ut.
„ ,
OonnaTi American Bnnlc,
Ci rranpondonts.
fork', Louisiana National Bank. New Orleans;
of Liverpool, Liverpool.
LONDON.
Morton, Bliss & Co
Co.,
Special attention paid to collccilonp. with prompt
remlttaoces at current rates of exchange on day of
MORGAN
OLD BROAD
&
nOBILE, ALiABAIHA.
ATTOnHKTS AND AOESTS OF
& CO.,
measrs. J. S.
No, 82
Western Bankers.
WILLIAHS. JXO. W. MILLKB
Drexel, Morgan & Co., Thos. P. Miller
WALL STREKT,
BANKERS,
Droxel
[January 29, 1876;
Southern Bankers.
Financial.
Ko.
'
IHE CHRONICLR
ii
:
.
A
James Hunter,
OO^NWvN^.
'^evv-YOB^
BROKER,
''///UDEIP*^
Dealer In Coin, Southern Securities and Exchange
Loans Negotiated. Advances made on Securities
placed In my hands for sale at current rates.
Address,
SaTannata, Georsla.
(P. O.
Box
81.)
&
Co.,
Capital,* lOOO.OOC
authorized to act as Executor, Guardia
Receiver or Trustee. Is a legal deposito
Interest
(or money paid into Court.
lowed on deposits, returnable on deman
Is
f
Grant
&
BANKEItS
No. 33
Company,
AND BROKBBS,
AVALL STREET.
TRANSACT A GENEliAL BANKING BIISINKSS
STOCKS BOnOUT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
IC
SUTDAH OSANT,
G. ST.
Gargiulo
&
&
6
Broad
Co.,
strictly
W^ILMINGTON,
Collections
made on
on commission. Orders by
William P« Tcttlk,
John EwRN. Jr.,
Member Stock & Gold Kzch. ilember Stock Excbuuge
EWEN & TUTTLE,
BANKERS AND BROKERS,
Ke. 62 Broadivar and 31 Nevr Street,
Stoclu, Bonds and Gold OU «imxiliiloD
iuureav aiiewcd on i!ep«iiM.
sell
Soulh-
or at specified dates.
HENRY
C. H. P.
N. C.
all parts of the
United States
F.
SPAHLDING, President.
BENJ. B. SHERMAN.
fRKDEliICK U. COSSITT,
Bank,
Western B anker i.
BABCOOK.
Vice
)
i President!
Secretary.
EXECUTIVE COMMITTEE:
Amos
R-,Eno,
Frederick H. Cossitt,
Jacob D. Vermllye,
Bent. B.Sherman.
Isaac N. Phelps,
Sam'l D. Bubcock,
Martin Bates,
Edmund
W
.
Corllea.
fill
A.
O.
Slaughter,
ANKEK
CHICAGO, ILLINOIS,
BUYS AND SELLS CHICAGO CITY, COOS COUNTY
AND
AND IOWA COUNTY AND
TOWN BONDS.
ILLINOIS
mall or tclecrapb carernlly attended to.
Buy and
;
A. K. WALKiii,Caehlfflr.
National
First
:B
NEW YOUK.
and sold
Prefl't.
New York
Street,
8to(Ig, Bonds, Gold and Miscellaneons Se:a:ltle>
ongrlit
B. K. Bdrrdbs,
JOHH SHSTIUS.
BANKERS AND BROKERS
Nos. 4
Refers to Henry Talmadge
(rn Bank, Savaanab, Ga.
T. K. Skinker,
ATTOHNEY-AT-LAW,
ST. LOXIIS, OTo
41T Olive Street,
tS~ Special attention given to the collection of
MUNICIPAL BONDS.
Pres't Third
National
References— J. R. LloiibtTeer,
Bank, St. Louis Win. H. Waters. Plest irecond Nat.
Bauk, tt. Louis Edward P. Curtis. Cashier Nat. Biink
of the State oi Vo., 8t. Louis; Win. II. Thoinsgn,
U»thter Bgatiuen'i Saving Unui, bi, l<«aia.
;
iiMPiEir.
OF THE CITV OF NEW ITOBB
COR.
BROADWAY d: WARHEN
PAID-UP CAPITAL,
SI.,
»1,000,(H
.
Invested In United SUtes Government Bonds
Pai/s THREE PER CENT Interest per
Depo.^t8 fXiitject to check at ttitjlu.
annum
_
>
.
Interest per annum'
c
Aii/n t
special depoHits remutning xtx rn&ntha or longer.
Acts as Triutee for estates.
_
OUR PER
EST
D. B.
J
JOHN
C.
CBVISBBA^K,
MANQAM, PrMlde
SecreWry,
January
iHE CHEONICLR
1876.]
21),
Financial.
Financial.
Abaolnle Secnrlty uKOlnst Fire and
Uar|[l>rti.
IflliK
FiuanoiaL
&
H. C. Williams
Central Safe Deposit Co.
rOK THK SAFE KKKl'ING OK
Hi
Co.,
VAI.IIAI11.K8 IN
IKALIK IX
INVESTIHEMT SECURITIES.
New York,
10 irall Street,
ANU llUKOI.AUrKOOr VAULTS,
W. 23d St.
Niia. Tt dc 'iS
DKALXRS IW
JSVBRY FAVILI'lY AFFOUDKI) FOI! 'IHh CO.Y
VKNI FXOK unit friracu if Jt.l 1> V VA'lhUht.
liLiliWOOU If. TIIUUISK:, l'ie!!ldi:llt.
Texas State, Railroad,
RAILWAY
STATK, CITY*
BONDS.
Stockn and other Sccurltlea
New York Stock
E.xelmni;o. Good Rallivav Uotidii not regu
lurly quoted, and those 111 Difuult ut lutere«t made a Special Branch ol Our Bunl-
K. Jesup, Paton & Co.
BANKERS,
Oi'dora for
No. S3 AVllIiam Street,
Draw Kxchange on
ueaa.
New York.
irnion Itaiik of Loudon.
Aceounti ul Uaulu, Uaukeni and othora recelrcu
upon favorable terms.
Intereat Allowed on Balances Subject to Drafte at
BIgUt.
Tcxoii
Hilmers, McGowa n & Co
BBOKKIW IN
FOREIGN EXCHANGE AND GOLD
64 Wall Street, New Ifork.
BOX
(P. O.
Special attention paid
merclal
t(i
Crnada Southern, 1st, counon
do
lat, registered
Ceulrul Kit. of Iowa, 1st
Chesapeake & Ohio, 1st. Gs
do
2,811.)
Com
H.
&
10
31 Nassau Street,
TKANS.VCT
L
1)K
DIIV
New fork.
a general hnn^lng Ijusiness.
In liiVeBtiiiuut BccurilU-s.
all
descriptions of
U.NUUKIiKNT
Honils, also
Uuuda UKS'UUIAThU byClTlliS and COUNTlKS.
Wood &
Houston
Houston
do
Flint
PINE STREET,
Davis,
NEW YORK.
OOVKKNMKNT UONOS, STATK, MUNICU'Al.
SrCUUlTlKS UOUUllT AND
ANI> ItAlLltOAO
UN COMMISSION.
C. D.
&
As
Great Northern, 1st
Texas (entral, 1st, Main Line.
do
*i I'ere
59
8i
Ext. du
31
75
Western
1st,
^larquettc, l8t, cons
.
EvansvilleT. U. &ChlCHgo, 1st
Uraud Kaplds & Indiana, 1st, L. U , guar
do
do
Ist.Ex. L. G.
1(10
50
?7
&
Western, 1st
do
2d
Indianapolis B.
do
do
do
Extension..
1st,
Kansas
Wood.
8. D. D«.
M.
I'acitlclst, 78,
do
do
do
do
do
No.
No.
.1.
& Aug.,
18.
TON, TEXAS And
LNITED STATES CENTENNIAL COMMISSION-.
EK FROM TEXAS.
;
OFFIC
89
do
D.
.
11
13
7
1,0
39
39
.20
8H
82
35
16
Itt
3d
13
12
Peoria & llock la'and. 1st
Port Huron & Lake Ml<:lilgan, ut
liockford It.
& St. I.0UI8, l&t
l^outliern Minnesota, Ist
St.,lusepli& Denver Ciiy, Ist, K. D
do
do
I'aclllc.
Ut,
W.
53
10
9
30
I)
.(}.,
I
West Wisconsin, L. G., Ist
do
luterest paj'ublti
In
s^^r>oo,ooo
Wanted
87
87
SS
80
105
56
28
12
17
82
80
20
London.
V ORK.
Capitalists.
SUMS OP
IN
(i2
15
16
New Jersey Midland, 1ft
New Orleans Mobile & C. 1st
New Vork & Oswego Midland.
To
4U
22
36
71
E8:
BROADWAY, NEW
TO
92,000
for Applications
now
9150,000.
In
FIRST inORTGAUE
hand for
I.
O A N tt
ON
FIBST-CLASS CHICAGO PROPERTV,
AT INVITING HATH 8 OK IIITKKKST.
Every valuation reunite^ and not over H) per C(.n
prese^lt actual value require-l
JOSIAII
78
75
20
15
25
REBlf,
If.
20 Naitauu
funded. 72
do
do
8s,ex-ef
do
Interest. 8s
MontclalrRU. of N. J.,l8t
New Haven M. & Willlniautlc, Ist
Texas*
10
15
59
unfunded 75
do
..72
N.,
ft
Ist, 7s. J.ft
1st, 6s, Feb
1st, (:s,J.&
do
do
Northern Pacific, 7 3-IOs. Ist
do
rt»gl6tered
BANKERS,
81
12
4U
3J
& Mississippi. 1st
Logiinsporl C & Sout'iwe8)ern,lst
Missouri Kans:is & Texas, :8t
Mobile & Ulilo. Sterling, 8s, wlih cf
BANKERS',
70
£6
VI
S
Lake Superior
Co.,
71
S5
84
SU
('hleai:o& CaUHdaSuuthetll,lst
S5
Chicago Clinton & Dubuque, Ist
20
Clilc. Dauvlllc & Vmccuiies, 1st, Illinois DIv. 39
do
do
1st, Indiana Dlv. '.>U
Danville Urbana II. A Pekin, lat
34
bllla,
Amy &
2 1.7s
10
for Sale.
FINANCIAL AGENT OP THE CITY OP HOUS-
iSi
International Rll., 1st
the negotiation of
Lauds and Laud Scrip
Burl. C. U.
ilo
Advaacea mnde upon ConBtgninentg to ouraddreaa
or to our Corrc!<pondcuts u Kurope.
Invostment Sccurltlea Uou^lit and Sold,
bULl)
We ouole as follows—
Bid. Asked
« Minn., lat, Minnesota DIr.. ..41
«!
<lo
do
l8t, Milwaukee Ulv.... 18
25
Cairo & Kultnn, 1st
W
and
Couiitjr
Municipal HundK a Specialty.
receive pursunal attention at the
yi.
Chew,
C.
J.
BANKERS AND BROKERS,
Street.
Thirty years' Hcnuiintance with Chicago, and City
references of the highest character.
$50,000 ROCUESTEB CITY SEVEN PER
CENT WATER LOAN BONDS. Interest
12"
55
41
41
January and Jnly.
2>
...
'
Principal duo 1903.
SO
85
40
18
$50,000 BUFFALO CITY SEVEN PER CENT
4
14
13
53
Principal due 1805.
BONDS.
11
is"
7
ij
47
46
10
a!
|"'
and October.
FOR SALE BY
DANIEL
n
u
Interest April
niORAN.
A.
40 irall
Street.
nmCAGO
BURLINRTON OUINI Y
^J P.AILl!
COMPANY.-lTi conforMiiiy
Si.
lAIJ
to the
of the Kleht Per Cent Sinking Kunil MonKUieof this Company, seul<d proiiosils are Invited,
endorsed, '• Pniposale to Sell C. B. .t (J. Sinkln.- Fund
Bonds." and addressel to the undersigned, till Monday. February aist ausulng, at la o'clock D'lon.lo sell
to the Company, cno huudicd and eighty-one, or any
pa- 1 thereof, 0( tlie Bonds secured under eatd luorig ge, for t he purposes of the sinking fund.
By order of the Board or UlrHClore,
provision
Levy & Bor g
STOCKS
53 Ezcbaiise Place,
JtUOKBBS
AND DEALEUS
At Auction.
IN ALL KINDS OF
fcOUTHEUN AND xHISCELLANEOUS
BECUKITIE3
The
nndcrslgned
STOCKS
of
3a
Lichtenstein,
A IV D B O K D S
all
,
WEDNESDAYS AND SATURDAYS.
ADRIAN
II.
York.
of Credll
pilnclpal clUes of Europe.
No. T
MULLER
&. SOx\,
PINE STREET, NEIT YORK.
&
Winslow, Lanier
SPKCIAL PAUTNEK.
Berlin.
Co.,
BANKERS,
DEVTSCKE BANK,
PINE STREET,
27
NEW
YORK,
Hccelvo the accounts of Interior banka, bsnkers,
corporations and ^crcbanM.
AgenU for the sale of City, Connt jr, and Kailroad
Bonds ; Issue Letters of Credit for foreign tiavei,
LONDON CORRESPONDENTS
CITY HANK, TbreadiieedU Street.
<Ky Co.
BANKERS,
4
WALL STREET, NEW TORK.
Persons keeping accounta with as (currency or gold
may deposit and draw as they please sime as with U',}
baiiKs, and will be allowed Interest on dally
balances
according to the nature of the account.
Orders for the purchase and sale of stocks, bonds
and gold will receive from us, personally, prompt and
careful attention.
A.M.KlPDXB.
.1"
^''.PKN
\.'.tX).
P. O.
O.
W
.
Box 2.M7.
MoLlLLAM, Jb.
GAVLORD,
W. THASX
&
G. Amsinck
Co.,
150 Pearl Street, Neiv York,
AGKNTS FOR THB
LONDON AND UANSEATIC BANK
(LIJIITSD). -LONDON.
Room
43
3.
Special attention nlven to St. Louis
cltv«S
t^o'-DV, CUy, Town*
fcif ,,"'",""%,"''"'""•'
AlBo.totlic llouds and stocks of Zi
IS.,
lolljwlng l„.nroa,l«: Atlantic & Pacific
Si. sLnH
Pacllc, South l-aclllc. Kansas I'ac.Bc,
IJenvl'r Pac fljl
North .Missouri St. Louis Kansas 6uy
i Northeri?"
'^""'"- w.8:'iiichoi°s4''co
.Securitlea of
KU.
PINE
Solvent and Defaulted
liefers I>y permission to Me-srs.
I
Buuk, Ualtuuori.
and
M. k.
& Co., Ni;w York; Messrs. Sontler &
Jons. Norrls, hq ,1're.sldent Klrsl
Ukkle,
DKNISON,
Assistant Treasurer.
Thk LaKB SnoRBi- MiOUIGAX FOUTHi'RN
liAlLKOAU COBPANV, TEBihCRKk'B ><TT\CX
Naw IfocK, Januar) 5, 1876.
rpHE DIRECTORS OP THIS
PANi' have
TWO PEK
Ks'i.,
CENT, out
Of the earnings for the sit
1875,
payable on iho
day of February next, at the othce of
18
Broad
COin-
dsy declaied a dividend ot
this
months ending with December 31,
ATKINS, No.
1
?
)
CHASK &
street.
The Transfer Books will clcsc at the close of business on WEDNESDAY, the 12th Inst., and will re-open
on the morning of WEDNESDAY, the ii day of r ebruary next.
E. D. WOKCESTKB, Treasurer.
'piiEliBTirjinisEY^k^EwToitK
ItAILliOAD (consolidation of the Erie liallway
branch to Hackensack and continuous roads) being
tirely
«ii-
re-equipped with newrolllug stock, theconipany
wl'l Issue
a remaining portion of $100,000 of KlItST
MOHTGAOE SEVEN PEB CENT GOLD AND
8TE1J
to m turo 1893, and paying Interest
March and September, at the NatlOLalTrustCompany,
throudh the Banking House of ROLLINS BBUTHEhS
& CO., Corner Wall and Broad streets. Now Yoi'K.
LINO BONDS,
"NT OTICE.— 'I'he First National Bank of Rochester,
i-^
located at ocliestrr. in the ^tate of Indiana, a
closing up its aitalrs.
1
note-holders and other
credlto-s of *ald ss*oelalloiiar« therefore hereoy notified to present the notes, and other claims against the
association lor payment.
C. COPl-LAND,
January 11. 1876
President.
I
A
ARTUUB
I'.
LOANS NEGOTIATED,
I'altlniore; lloberl
N.
1S76.
closing up lis aftalrs. All i.ole-holders and other
creditors of said assoclstion are, therefore, hereby
notified to present the notes and other clahoH against
tbeassocla lou for payment.
U. B. TURBSLL, President.
Tiated December 31st, 1375.
Is
ST., N. Y.
nlMO state. City
Cuiiiity Uoiida,
I'o'H,
TIMIO
20
-TIIS NATIONAL ALARINE BANK
NOTICE.
located at 8
PAUL, in the btxtc ot Aliuutsota,
Martin Lewis,
DKALKB IN
Miscellaneous So
School UouiU.
SsijSri,v.w™«is°'"'
Boston, Januiry
classes of
Ist
Make Telegraphic Money Transfers.
Draw mils of Kxchange and I«»ne Letters
oa
all
ON
UANKEUS,
Broad Street, New
JOHN
REQULAR AOCriON
hold
SALES
Knoblauch
&
BONDS
and
.Tesup Paton
Co., New' York-
National Bank'
Cashier Union
Nat'I'
"" "*'
NOTICE .— T HE RICHLAND
NATIONAL BANK, located at Mauifleld, In
the State of Ohio. Is closing up :ts alt;tlrs. All noteholders and other crediten uf sa'd association are
therefore heroDy notllled to present the noiet,
3'aier claims against Ibo araoclstion, for payment,
CUA», U, JAMKBON,
VMlilar,
Bated U«c. 17, UTS.
ud
:
THE CHIIONICLE.
»r-
ir
Insurance.
[Jamiary 29, 1876,
In8nr«.noe.
OFFICE OF THE
ORIENT
PHENIX
Mutual Insurance Co.,
Nbw
Yokk, 35th Janaary,
1876.
The following etatemeut of tho affairs of this
Company on the Slat day of December, 18*5, Is pnbprovisions of
liBhed la conformity with tho
Company of
OFFICES
Insurance
its
Charter:
Premiums uneamedSlst Dec., 1874.. ..
Fremlnma received during the year
$247,017 55
ending Slat December, 1875
Brooklyn.
s
1,016,683 49
Total premiums
Earned premiums of the year
Loeses and expenses
Re-Insurance and return premiums.
$1,263,700 04
$1,019,014 05
572,918 74
868,413 47
. . .
Union Telegraph Baildingr, Broadway, Corner Dey Street, New York
^Testern
Brooklyn, 12 and 14 Court Street.
Brooklyn, E. D,, 98 Broadway.
ASSETS,
Slst
December,
1875.
Cashin Banks
Stoclcs of States
and Corporations, and.
Loans ou demand
and IjBCollected Premiums
642,461 75
25,321 09
Unsettled Accounts
Total amount of Assets
$1,851,062 73
of Trustees have resolved to pay Six
per cent Interest on the oulstanding Scrip Certificates, to the holders thereof, or their legal representatives,
on or
after the Ist
The Trustees have
March next.
also resolved that the out-
standing Certiflcatcs of the Company of the issue of
redeemed and paid to the holders thereof,
or their legal representatives, on or after Ist <*f
March next, from which date interest thereon will
1860 be
cease.
The Certificates
to
STATEMENT SHOWING THE CONDITION OF THE COMPANY
ON THE FIRST DAY OF JANUARY, l§r6:
....
CAPITAL
...
Net Surplus
TOTAL ASSETS
amount of
year ending 3l6t Decem-
EArned Premiums of the
which Certificates
ber, 1875, for
will
be issued on
Secretary.
TR US TEES.
E. H. R. Lj-man,
Henry R. Kunhardt,
John Auchincloss,
Lawrence Well?,
William Pohlraann,
Charles Luling,
Alexander
llarailt'^n,
Constantin Menelas,
Cnrl L. Rccknagel,
W. F. Cary, Jr.,
Carl Vietor,
Ramsay Crooks,
Arthur B. Graves,
93Sl,iS5 45
319,125 OO
102,135 OO
31,501 66
951 ,01 1 00
S6,>i3S 63
455,S34 50
36,035 93
Premiums
United States Bonds
CHARLES IRVING,
George Mosle,
ASSETS.
Caoh ia Bank and iil course of transmigsion by Agenta
LoanB on Bonds and Mortgages, at 7 per cent interest
Call Loans on U. S. Bonds and other secarities at 7 per cent interest
Bills Receivable for Inland
or after the 5th April next.
By order of the Board,
$2,649,958 77
SUMMARY OF
paid in cash, on the Subscription Note?, they have
to the same Fifteen par cent on the net
667 506 42
95 913 28
786,63 9 07
Reserve for Unpaid Losses
be produced at the time
further resolved to return to the dealers entitled
$1,000 000 00
Re-insurance Reserve
of payment, and cancelled.
In addition to a bonus of fifteen per cent already
Edward F. Davison,
Henry Be B. Routh,
1876.
1,
322,594 68
Subfcription Notes, Bills Receivable,
The Board
JANUARY
$339,933 81
620,752 50
United StiitesStock
Alex. M. Lawrence,
John S. Williams.
Frederick G, Foster,
John D. Dix.
Charles Munzinger,
and County Bonds
Bank and Gas Stocks and Bonds
Uncollected Premiums, Fire and Inland
State, City
,
',
14,361 96
216,535 10
lT,OO0 OO
3?',054 56
1,099 99
Accrued Interest
Real Estate owned by
Company
Wrecking Apparatus at Buffalo, N.
Claims due Company for Salvages
Hentaaccrued
Walter Wa'eon,
Ernesto Q. Fabbri,
Henry E. Spragne,
Y
James Brown,
Theodore J. Ralli,
Theodore Fachiri,
$2,549,968 77
C. L. F. Rose,
William
Wilson,
F. Cousinery,
STEPHEN caoWELL,
Qustav Schwab,
George H. Morgan.
Trn. R. OKOWELIi, Secreta-r.
S.
PHILANDER SHAIT,
Preat.
VIce.Pi-eaC.
niACDONAIiiO, Qeneral Asent.
J. A.
EUGENE DUTILH, President.
ALFRED OQDEN, Vice-President.
Charles Ibvtno, Secretary.
Anton Metz, Assistant Secretary.
A
IHEUr
REAL ESTATE
The Law
MORTGAGE BONDS
'WORK ON
of Taxation.
BANKERS AND BROKERS,
No. 20 Broad Street, New York*
of "The Law of
of Mortgages," &c. 8vo. $6 00.
By Francis Hilltard. authoTorts,"
"The Law
CONTKNTS.
GUARANTEED BY THE
Nature and Principles of Taxation. If. Taxation
connection with the Government of the United
States. III. Kxemption from Tax-itlon. IV. Place of
Taxation. V. What may be Taxed. VI. Who may be
Taxed. VII. Corporations. Viil. Taxation of Haaks.
IX. Taxatloii L'f Kallroads. X. Asiiestnient. Al. As(esnment; Municipal Improvements. XII. Collection
of Taxes. XIII. Ahaiemeut of Taxps. XIV. Kernedies in Case of Taxation. XV. 8ale of Landn for
Taxes. XVI. Sale of Lands; Notice. XVII. Sale of
Lands; Points Immediately connected with the H-tle.
XVlll. Sale of Lands for Taxes Proceedings Snbseunent to the Sale. XIX, Sale of Lands for Tax^s
Kedcmption Forfeiture and Forecloeure.
1.
In
Equitable Trust Co.,
$1,000,000 CAPITAI,.
THESE REAL ESTATE MOIiTOAOE BONDS ABE
COMMENDED TO THE ATTENTION OF
THE MOST
CONSERVATIVE INVESTORS.
.Rr.?f— They have the
maker.
Individual liability
' of
the
A"«c«n<*— Ef.cli bond is secured by a first mortgage of
real estate of not less than double Its value.
m(rd— The prompt payment
of both principal and
interest of every bond is guaranteed by this Company.
The Company guaranteeing tneee Bonds receives no
deposits, owes no money, and Incurs no obligations of
any clmracter except those arising from such guaranty
thereby keeping Us whole capital of One Million
Dollars unimpaired. TO MEET AT ALL TIMES the
prompt payment of both principal and interest of
these Bonus.
All mortgages securingthe Bonds are formally auprovcd by the following Executive Board
ROBEUT L. KENNEDY, ADRIAN ISELIN,
SAMUEL WILLETS,
JAMES A. R-JOSEVELT.
:
WM. KEMSEN,
CHAS. BUTLER,
HENKY P. HAVEN,
EUGEWE KELLY,
JOHN D. MAXWKLL,
OUSTAV H. KISSELL.
1 hese Securities bear Seven Per Cent Interest nayable semi annually, and are oflered for sale at olle
hundred and two and Interest it the olllce of the
K<iultable Trust Company, Noa. 52 & 54 William street.
JONATHAN EDWARDS,
Presldeut.
;
;
BROWN
& CO., Publishers^
2M WASUINGTOH STKKET, BOSTON.
lilTTIiE,
INDIANAPOfiTS BliOOilIINGTOlV
stocks, Bonds, and Government Securities bou^nt
and soldon commltisionat the Kew Vortt Stock Lx-
change.
Dealers In
all
descriptions of Bonds and Inreatmenl
Securttlea.
The correspondence of Bankers and Brokers throughout
tlic
country solicited.
Funding of Southern State Bonds.
We are prepared to fund Bonds of the following
Southern btdtes,
Funding
Acts,
in
TAINTOR, \Q liroad utreet.
J081AH B, BLOSSOM, 76 Wall flt-eet.
«. E.
Smith & Hannaman,
INVBSTmENT BROKERS,
accordance with their several
upon the most reasonable terms
possible
VIRGINIA, LOUISIANA, SOUIII CAROLINA
•JENNE3SEE.
WANTED.
Sc
WeBtern, and Daavllle Urbana Bloomington &
Pekin Railroad bondholders, Main Line, who have not
received copy of plan of the re-orgaclzitlon, can
obtain one on aopltcatlon to either ol the undersigned.
The time for deposit of tbeoe bond* in the Central
Trust Company expires February 19, 1876.
AUSTIN OOKBIN. 61 Broadway.
INDIANAPOLIS, INDUNA.
Bonner & €o •9\
O. T.
Louisiana State Bonds.
South Carolina State Bonds.
h ew Orleans City Bonds.
Kansas Pacific Uailroad Bonds,
FOR
SAIiG.
Columbia Permanent improrem't 7a of 1S91,
Macoupin County, ills., Ten Per Cent BondP.
Houston & Texa^ Central RK. First Mortg. Bonds.
Terre Haute & Indianapolis Rti. gcock.
Dlst. of
BONNBR &
CO.,
20 Broad Street,
New
G. T.
York*
:
..
tenme
Jimtto*
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
SATURDAY, JANUARY
VOL. 22
CONTENTS.
and government
Will the Treasury ResomcPnndIng Opcratiom?
I
97
I
^>ig*t
98
bet.lKt
Kews
..
ICO
101
Commercial end Miscellaneoae
I
Imports and Exports for Decern-
Pork Packing at the West
LstcBt Monetary and Commercial
KngllBh
I
I
News
103
lOol
|
|
|
|
Bank?,
etc.
108
Investment and State, City and
Corporation Financea. \
103
.
Commercial Epitome
ItaiDryGoods
S'"'l''°
112
116
117
119
Prices Current
The CoMMBKCiAL AND FINANCIAL CHRONICLE w
day morning, vnth
the latest
news up
to
issuid OH Saturmidnight of Friday,
TSBKB 01 SDBSCaiPTIOll-PATABLB IH ADVANCE.
The Commsrcial and
Finanoiai, CHBONioui, delivered by carrier to city
eabscrlbcrs, and mailed to all others:
For One Year (Including postage)
*10 21
For Six Months
6 10
Subscriptions will be continued until ordered stopped by a written order
vr at the publication office. The Publishers cannot be responsible for Remittances unless made by Drafts or Post-Offlce Money Orders.
AdTertlsements.
Transient advertisements are published at 25 cents per line for each
{"•ertion, but when delnlto orders are given for Ave, or more, insertions, a
liberal discount is made. No promise of continuous publication in the best
Siace can be given, asall advertisers must have equal opportunities. Special
lOticcs in Banking and Financial column BO cents per line, each Insertion.
London
Ofllee.
is at No. 5 Austin Frlara, Old Broad
where subscriptions are lalien at the following rates
Annual Subscription to the Chronicle (Including postage)
£2 2s
Six months' subscription
j
8g]
William b. dana,
WILLIAM B. DANA & 00., Publiibera,
OHN s. PLOTD, /B. f
79 and 81 William Street, NEW YORK.
Post Onrios Box 4 593.
The London
office of the
Chboniclk
street,
more
of the
numerous
capitalists, finan-
ascribe the presence
Still,
among
us of the gentlemen above
as the subject of further negotiations
between the Syndicate and the Treasury is being discussed,
may be as wfell to correct some mistakes which arc
being made. In order to do this we will first recapitulate
a few facts and general principles in regard to the late
funding operations.
104
107
y notations of Stocks and Bonds
New York Local Secnrilies
THE COMMEKCIAL TIMES.
Breaasinfls
To some
ciers and bankers, as well as more of the other classes of
foreign travellers, to visit this country, we may probably
referred to.
THK BANKERS' QAZBTTB.
JIoB«y Market. U. S. Securities,
Hallway Stocks, Gold Market,
Forciirn Kxchanee. New York
City Banks, Boston Bank?,
Philadelphia Banks, National
securities.
causes which are about to attract
THE CHRONICLE.
ThcNewDriwbacksonKiportcd
NO. 553.
29, 1876.
it
At the •utset, we may caution our readers against
accepting too readily the sensational stories which have
been set afloat by speculators and other persons, for
various purposes, and in part with a view to cause excitement
in the gold market.
Mr. Bristow,
it
has been
was so anxious last year to close out the new
fives that he went further than he should have gone in
tlie work of calling in the five-twenties for redemption.
affirmed,
Some startling
figures
have been exhibited
in "Wall street,
show the gold obligations of the Treasury and the
difficulty of meeting them.
The good sense of the
to
people has prevented the success of this clever expedient
market and raising the price of gold.
Some of the statements made were too extravagant for
for disturbing the
was some foundation in fact.
what truth there might be in any of the float-
belief, still for others there
To
learn
I
^^A
neat file-cover
is furnished at 50 cents: postage on the same is 16
for subscribers at $1 50.
complete set of the Gommkrcial axd Financial CHBoNiCLg— July
1865, to date— is for sale at the office.
Also one set of Hunt's Merchants
Masazine, ia?9 to 1871, sixty-three volumes.
cents.
Volumes bound
ing rumors, Ave applied f«r information in a well-in-
formed quarter, and we are assured that the obligations
of the government on account of the called bonds have
CT^ A
been so adjusted that they will be met by ample resources already provided and from funds chiefly from
The
Business
Department
of
the
Chronicle
the
Syndicate.
It is gratifying to be assnred of this,
is
represented
among
„f^
Financial Interests in New York City by Mr. Fred. W. Jones.
for, as our readers are aware, the later calls for bonds
Volumes of the Crrohicls sent to the publication office will be bound,
On Tuesday
uigS^
a matter of convenience, for subscribers, at $1 50 each. The binding is were heavy, and their maturity is near.
ever solicited, and some difficulty has heretofore arispn from
the misrepre- next a large amount will be payable, and a fortnight
BOEUtions »f parties who have solicited binding
on their own account
later a still larger sum.
Altogether, on the two dates
WILL THE TREASDRY RESUME FUNDING OPERATIONS ?
mentioned the 1st and the 15th of February the called
The report lias been revived within a few days that bonds which fall due amount to $27,785,350. The preMr. Bristow is likely to do something shortly to negotiate vious calls were on the 1st of January and on the 1st and
the remainder of the funding bonds authorized in the 17th of December. It may make the subject more per-
—
—
One of the minor reasons for the revival of spicuous if we briefly recapitulate the particulars of these
rumor is perhaps the recent arrival in this city of two several calls. They are shown in the following table:
or three members of eminent banking firms in Europe.
time of matukitt op called bonds.
But during this Centennial year we may expect large
Setcriplion
coupon
Registered
Total
act of 1870.
this
accessions to the ordinary
numbers of our European
and many circumstances are occurring just now
to draw more and more closely the bonds of
industrial
and financial alliance between ourselves and the richef
visitors,
Trans- Atlantic nations whose accumulated stores of capiseeking investment in our best railroad, municipal
Dale.
1st
0/ bonds.
December, 1875
17th
Df cembor.
,
1875.
January, 1876....
Ist February, 1876
15th February, 1376...
Isl
.
15th
Febmary,
1876...
bonds.
bonds.
redeemable.
isete
$7,a50,C0D
$5,760,000
$I3,O00,00U
1861s
5,000,000
18643
2,600,000
2,60^,000
5,000,000
5,000,000
1861s
5,000,000
^.000,000
10,000,000
18613
7,440,-300
8,369,658
15,S09,950
1S858
1,475,400
500,000
1,975,400
«S8,665,7(!0
$22,119,650
$50,785,350
tal are
Total
IHE CHRONICLE
98
These statistics show that of the 50 millions of calleil
bonds maturing in the three mouths beginning 1st
December, more than half will mature on the 1st and
15th February. The bonds called on account of the
sinking fund amounted to 30 millions 11th March, 8
millions 1st September, and 5 millions 15th November,
[Ji.nrary 29, 187C.
tion of four per cents in
the
money markets
Europe can be expected.
As
believed likely to be
favorable to the reception of a large loan of four per
cent,
bonds
made
al)road are
United States, should these bonds be
it is for Congress to consider
policy shall be adopted or not.
It has
of the
of longer dates,
whether this
always been recognized as extremely desirable that the
next funding operations conducted by the Treasury
three millions of dollars, payable on account of the sink
ing fund bonds', which has been supposed likely to cause should tend to the consolidation of the debt in some
Mr. Bristow some trouble. But, as has been said, he is form of obligation analagous to the consols of England
reported to have made provision beforehand for all these and the rentes of France. The fifty-year Fours which
giving a total of 43 millions.
sum
It is this
of forty-
and the statement is confinned by two facts.
Treasury have been and are
quite large from customs duties, and, secondly, the surplus revenue reported for the last fiscal year, and that
obligations,
are referred to above have often been
First, the receipts of the
a suitable description of security for the purpose; r.uch a
bond would absorb hereafter the outstanding Fives, as
estimated for the present one,
amount together
to 42
well as the Sixes.
security can
And,
until
be decided upon,
recommended
as
some such consolidated
equally
acceptable in
revenue does not exceed the Europe and in this country, it does not seem very likely
estimates of the last Treasury report, Mr. Bristow will that much can be done with advantage for the renewal
of the funding operations of the Treasury.
still receive enough during the next five months to enable
him to meet all the usual disbursements of the governTHE NEW DRAWBACKS OS EXPORTED SUGAR.
ment, as well as to pay off all the bonds he has called;
When the Secretary of the Treasury, in his letter of
and,'if there be any excess of revenue over ancl above
millions, so that, even if the
— as
—
seems not improbable the amount of
this excess can be devoted to the calling and redemption
of future bonds.
It will be observed, moreover, from
the foregoing table, that the outstanding bonds of 1864
have now been all exhausted, and that the process of redemption and extinction has now begun to operate on
the bonds of 1805. We have thus lost from the schedule
of the public debt another description of our war obliga-
instructions of October 9th,
tions, in addition to the
18628, the seven-thirties, the
ury order of December I7th.
compound
and the other old
the estimate
interest notes
securities
announced that the existing
drawback was excessive, and gave instructions for a temporaiy alteration in it; he also stated that the department
was instituting an investigation for the purpose of determining the correct amount of drawback to be allowed.
The reports of this committee, dated Nov. 12 and Nov.
22, are now published, and the new drawbiicks, recommended by that committee, were promulgated in a Treas-
The
first
report states that the order of Oct. 9 was
susjiended on account of the disturbance which it caused
emitted during the financial pressure of the war.
This brings ns to a question which has been often to the trade. It goes on to explain the figures and calraised of late in connection with the funding operations culations on which the new drawbacks have been arrived
of the future, and which
Suppose the
sion.
now
new
premising that the usually accepted estimates of the
new sugar are no guide in the
take at par
United
States,
where
the
kind of sugar used by the
redeemable
offer be ac- refiners is generally of a specially low quality, and the
two First proportion of soft refined sugar very large. The usual
exciting some discus-
be
made
to
four per cent bonds
years, to what extent could the
1,000 millions of
after fifty
is
offer should
at,
yield of each class of
This question resolves itself into
amount of such bonds are authorized by out-turn of the refinery, as ascertained from the testilaw ? and, secondly, how large an amount of them can mony of the refiners, is given, and the amount of drawbe issued in exchange for such outstanding bonds which back to be allowed on each of the throe descriptions of
are redeemable ? As to the latter inquiry, it is easily refined sugar stoved and unstoved, white sugar, and
answered. The last debt statement shows that the sum soft sugar is estimated from those figures. Raw sugar
of TOO millions of dollars would be required to call in of specially high strength, as compared with its appear-
cepted
how
?
:
large an
—
—
and cancel the five-twenties of 1865, 1867 and 1868 ance, is incidentally referred to, but no importance is
which are now outstanding. If to this sum we should attached to it as causing an extra loss to the Treasury
add 300 millions, for the redemption of the greenbacks through the return of excessive drawback, on the ground
we should reach a total of 1,000 millions. Whether it that the refiner has to pay more for it. The supposition
would be good policy to negotiate such a loan at all, and, that the recent large increase in the exports of refined
if so, at what time and under what conditions
these sugar was to be attributed to the contemporaneous raisare questions of policy which do not enter into this ing of the drawback, is dismissed as erroneous. The
branch of our present argument, which is concerned true causes of that increase are, in the opinion of the
only with the figures and the facts.
committee, an over-importation of raw and an over-proAs to the question whether the requisite amount of fifty- duction of refined sugar, low freight, and high gold
year bonds are authorized by law, it is also susceptible premium. The first report concludes by suggesting that
of an equally easy reply. The only statute on the sub- if hard sugars can be made
by American refiners, better
ject is that of 14th July, IS^O, commonly known as the
and cheaper than by foreigners, so much the better for
"Refunding Law of 1870." As amended in 1871 and the country, and the Treasury should therefore refuse to
in 1875, it authorized four per cent, bonds to the amount
listen to the " representations of interested foreign comof 1,000 millions, but it made them jiayable after thirty petitors." It
would, perhaps, have been more to the
years.
Now, as all the financial authorities seem to purpose, if the committee had in the first instance made
agree that a four per cent, bond, to be negotiable in some effort to meet and
confute those representations,
Europe at par, must bear a longer date than thirty or which api>ear, so far as can be
judged from the accepteven than forty years, and as no such bond is as yet ance which they have received
from authorities in comauthorized by law, it follows that until an amendment mercial and linancial matters,
to have been iounded on
can be passed to sanction the extension of the bonds to strictly accurate figures and reasouina, If it
be shown
fifty years or to effect some similar change, no negotia^ that the ta^paye^s
and the Treasury of the United States
—
——
THE CHRONICLE.
Jnnuaiy 2>, 1876]
99
money under tlie present system, it can be of the higher class is, as stated in tlie report, slightly promoment from wlience the proof of that fact may hibitive, except for the strongest sugars of the clasfl).
emanate.
However interested the information may be, The proof can be made intelligible to the general reader
are losing
'ittlc
the
first
It is
point to be decided
is
whether
quite possible that information
it
is
accurate.
procured at
not altogether disinterested, and therefore
a matter of importance carefully to analyze the
may aho be
it
is
thus:
home
The
on which, in both cases
drawback of 2"50c. per lb. is allowed, is the
both cases, and may be estimated as containing
soft or inferior sugar,
the same
same
in
about 84 per cent of extractiblc pure sugar. The white
clusions, and on which tlie Treasury has now taken coffee sugar only differs from hard sugar by containing
action.
We fear that such an examination will show a small percentage of water, certainly not more than 2
per cent. The quantity of pure sugar produced in each
the action now taken to be somewhat premature.
Though the report rejects the Cologne yields as too case is, therefore, identical, as the following calculation
high, it is still an undeniable fact that throughout Europe clearly shows:
bases on which the committee have founded their con-
The com-
they are universally admitted to be too low.
mittee state that
American
refiners use a
low
class of
U.
I.
Pare Sugat
70 lb». white, at (18 p.
l.'i 5 lbs. soft, at 84 p.
c.
c.
strength «B-6
strength 11 34
Pure Sugar.
60 Ibi. dry sugar
23
ti
Iba. soft, at &4 p. c.
sugar, and they refer to the classified imports in proof of
tlie
assertion.
But when they
calculate the
on hard sugar, they assume, as their
entirely of high class sugar.
bjisis,
that
drawback
it is
made
The two arguments do not
The strong j)oint which is
Total pure sugar yielded by the
i.e.,
Total pure sugar yielded by the
7994
raw
Nos. 7 to
10,
SM
duty
CO
strength 1982
raw
<.«.,
Nos. 7 to
79 89
duty
10,
250
duty of 2-50, and not of
appear quite consistent.
2'8125, which ought to be deducted from the calculation
made of the fact that a large portion of the sugar turned of the new drawback.
out in American refineries is " soft sugar of inferior Drawback on fiO hard, at 3 60
S2 It
2Sa soft, at 3 60
do.
59
quality," may on examination turn out to be rather a
do.
ll'Ssyrup, at 6'25
S 25
weak point. For, as it happens, the duty on the class
trsm
2'50
Duty on raw
to which the soft refined sugars belong is too high, in
"3125
Excess of drawback.,
proportion to the duty on the raw sugar from which it is
This looks very much as if the committee had allowed
made. As the soft sngars go into consumption at the
duty-paid price, it is clear that, so far from neutralizing the refiners to get them into a fog. Looking at the
the effect of an excessive drawback, their existence figures from another point of view, the same, or even a
actually aggravates it. The gain to the refiner is, in fact, worse, conclusion must be arrived at. In a supplementary
Therefore
it
is
really the
,
some pains to explain why
drawback on dry white sugar at 3-60c., and
twofold; first, from the excessive drawback on the bard
sugar, and, secondly, from the excessive duty on the
report the committee take
In the one case,tlie Treasury returns more
duty than had been paid; in the other, the consumer
pays more duty to the refiner on the manufactured article
than the refiner had paid on it in the form of raw
material.
In both cases the taxpayer is the loser. Part
of what he contributes to the revenue is afterwards
on undried white sugar at 3c. per lb. They say that they
took the relative market value as their basis. But sup-
erroneously returned to the refiner, and part of the tax
is intercepted by the refiner before it reaches the Treas-
at 98 p. c, or, to avoid all dispute, 97 p.
soft sugar.
they
fix
the
pose that the relative quantity of sugar contained in each
be taken as the basis; for after all that must be the real
on which the duty is levied as long as it is charged
basis
on the raw material.
Taking the undried white sugar
c.
of dry sugar,
and comparing the two drawbacks with the quantity of
ury.
Tiicse are points which serve in the report to usher actual sugar on which they are allowed, it is at once
in the following hard figures on which the committee manifest that 3c. per lb. being proved by the committee's
own calculations to be the correct drawback on the one,
have calculated the new drawback:
I.
since it balances the duty of 2-50 on the raw sugar, the
Drawback on
70 IbB. white relincd coffee sugar, above 20 D. S. in color, atSc. per lb..|2 10
drawback
of 3"60 on the other must inevitably be too,
13X lbs. inferior qnality, at 2>ic. i)cr lb
75
nx Ihs. syrup (1 gallon), at 6Jic. per gallon
6-25 high.
A
drawback of 3c. per lb. on a sugar containing
6 lbs. waste.
97 p. c. of dry sugar is equivalent to a drawback of
lOOlbs
12 50
3 '090. per lb. on dry sugar.
Import duty on 100 lbs. Nos. 7 to 10 Dutch standard
A drawback of 3 •60c. per
$8 50
n.
lb. would be equivalent to HC^ lbs. of dry sugar in the
Drawback on
lbs. hard sngnr, at 8'60c. per lb
«8
16
100 lbs. The drawback of 3 -CO is therefore 51 cents per
^
OH-ti II.-.
S3()
lb!, soft sugar, at 8'5Cc. pel lb.
11-5 lbs. eynip, at 625c.
6-35 100 lbs. too high.
The fact is that all these errors have
4*9 lbs. waste.
arisen from the committee's refusal to take any account
IWlbs
«a Sl^'i
Import duty on 100 lbs. Nob. 10 to 18 Dutch standard
..fj 61-25 of the true relative yields of the various classes of raw
Tiie report elsewhere explained that the only difference sugar.
A classified scale of duties on raw sugars, with
between "hard sugar," on which it is proposed to allow a the proportionate drawbacks, can be coiTectly arrived at
drawback of 3*60c. per lb., and white coffee sugar, above only on that basis, for the very simple reason that the
No. 20 Dutch standard (i. e., perfectly white), is that the only object of the duty is to tax the sugar which is conone is "dried" and the other is not. Knowing that fact, sumed, and the duty must therefore be charged on the
it will at once strike the reader, even one who is not an
raw material in proportion to the consumable sugar
expert, as cuiious, that in the one case the low class of which is produced from it.
To judge from the somewhat
raw sugar should be as.tumed as the basis of the manu- rudimentary errors into which the committee have unforfacture, and in the other case, the high class; more tunately fallen, it would seem that in America, no less
3;3
fifl
..../.
n.Ei...
.
especially as
>..
It.
has been previously stated
than in Europe, it will be impossible to fix the duties
Looking and drawbacks on any rule of thumb method, and that
at the matter with a technical and instructed eye, it either some scientific method of determining the strength
Bj^ipears that in reality tiie two manufactures must be the of raw sugars will have to bo adopted, or, as would be
jproduct of one and the same class of raw sugar, viz., most natural, the duty will have to be charged on the
floe, 1 to 10, charged with a duty of 2-50e. per lb. (and actual sugar which it is intended to tax; not the raw
this is rendered more certaia by the fact that the di^ty on matBrial, but the sugar itself
VU© <»<MWUiitter,
it goes
that very
it
little
high-class sugar
i.s
in
the report
imported.
m
W
.
—
.
:
1
THE CHRONICLE.
100
Without such a complete change of system, it will be
impossible to protect the taxpayers against the payment
of duties which never reach the coffers of the State, or
the Treasury against a payment of excessive drawback
amounts to a return to the refiner, in
addition to that which is his due, of sums which have
already been paid by the home consumer, and which
ought to remain to the credit of the revenue.
which
:
in reality
Tbe following
[January 29, 1876.
are tbe totals for tbe
Imports. .$31,192,830
month
of
December
:
Domestic exports. $63,992,756 Foreign exp't8.$l, 129,365
Not Reported.— Imports— Alaska. Corpus Christi and Brazos. Domestic
Erporte—Alasha, Corpus Christl and Brazos. Foreign Kxporls-Brazos, Corpus Christi and San Francisco.
|
|
The total amount for tbe month and for the twelve months this
year and last year are stated as fellows
:
MerchandUe.
Month ended Dec.
31, 1875
1874
12
months. ended Dec.
Domestic
Total
Imports.
$31.192,8M
Foreign
Exports.
36,893,312
Exports.
$H:),!)fl2.7l)6
$1,129,.385
1,.327,108
13,4!i.3,9H
15,91.3,311
31, 1875
50.3,010,181
«1.237,8()7
M)<i,««7,353
18T4
562,156,^34
613,860,125
Gold and Silver.
Total
Domestic
seems almost superfluous to p»int out the fallacy of
Foreiijn
Imports.
ExDorts.
Exports.
most
Month
the
ended
Dec. 31, 1875
committee
meet
the argument with which the
$1,323,109
$2,401,325
$106,761
"
;874
2,104,118
18,82?,049
306,023
important point connected with the difficulties of sugar 12 months
ended Dec. 31. 1875
52.776,949
70,108,852
9,052,448
'•
"
1874
15,253,804
66.644,393
6,182,682
assessment at the present time. Sugar of high yield,
(Md Valve of Merchandise— DomeMic Exports.
but of low quality as to outward appearance, is not, Month ended Dec.•' 31, '75.. $56,527,345 ISmos."ended Dec."31, '75.. 8197,154,14.1
'71.. 56,197,892
'74.. 653,92'A887
according to the report, of any importance, because the
refiner has to pay more for it.
The committee quite
PORK PACRINC AT THE WEST.
fails to see that, while the refiner very naturally pays
The depression which has prevailed of late in the speculative
It
I
raw material
for his
proportion to
in
strength, that
its
him from stealing a march on the
revenue^quite legitimately under the present system
by getting his raw material chaiged with a low duty,
according to its appearance, and receiving a heavy drawback on the actual large yield. Sugar which gives this
result has now become the rule instead of the exception
in countries where the same sj stem of assessment has
been hitherto practiced, and as long as an excessive
drawback is given in the United States, the imports of
that kind of sugar will continually increase, and with
them the excess of drawback, until the time comes, as it
now has in Europe, when the Treasury and the taxpayers
begin to feel that sums which are intended to go to
revenue should not be diverted to other purposes; and
that, if the avowed policy of the country be to give bounties on export, it would be better to know exactly how
much is given, and to vote annual sums for the purpose.
fact does not prevent
IMPORTS AND EXPORTS FOR DECEMBER,
1875.
statement, by Customs Districts, of tbe values of imports into,
and domestic and foreign exports of mercliandise from, the United,
States during tbe month of December, 1875.
CnstoisB
Imports
Dlftricts.
$
,
— Exports.
Alaska, A.T.
Al'mrle, NC.
Al'xdrla.Va,
An'poUe,
Mobile, Ala.,
Bath, Me.
Beaiifort,NC
Beaufort, SC
Newark.
1,837
1,153,740 i,9ia;96a
255,791
'134
9,999
68
21.360
NJ
N Bedford, Me
Nburyport, Ms
Nw Haven, Ct
4,120
N
N
London, Ct
Orleans, l.a
NewYork.NY
Niaprara, N.T
Boston, Ms. 2,351,085 2,638,016 34,515 Norfolk, Va.
Brazof, Tex
Oregon. Or..
Brldget'nN-i
O'gatchie, NY
Br'lAW'nBI
Bruuew'kGa
BaffCrk, NY
Burl ton, NJ
CVlnc't.NV
Cnstine, Me.
Chmpl'n.NY
GbarUtn, SC
Ch'stone, Va
Chicago. III.
Corpus Chris
O
Cuyahoga,
Delaware,
O*weeo,
4i;466
38,945
Pamlico, NC.
P del Norte, T
48,399
7,227
P. River, Miss
Pensacola, F.
Portland, Me.
«4',822
266
Po'mnuth, NH
Providence.RI
Sound,
:::;
167,'335 47,620
Richmond, Va
Saco,
Oereeee.NY
Ulou
1,427
20,115
•Savannah, Gi
Enbunk, Me
Key West, F
L S Bar, NJ
a,3S0
mVisj
si'm
Machias. Me
Mar'hcad, M
Miami,
;
THE
itonington Ct
Superior Mich
...
Tap' nock, Va
876 Techfe, La.
Vermont. Vt.
Vicksb'g Miss
8,572
Seasons of
80,423,808 23,500,540
392,735
ll.lOti
2,636 1,691,311
29
114,828
58,550
63,228
77,218
360
2,362
6,570
1 1..'>.J9
48,545
77,852
632
»',3a6
2U3
124,008
1,150,593
M
Six principal towns
Minortowns
Total
8,118
993', 560
507
2,870,848
96
569,558
14',982
51,184
105,727
107
73
lo',
4,986
20,935
725
'200
222
2,152,448 2.841,630
26,224 3,009,150
No.
3,500,811
1.500,000
2,065,415.
4,800,000
5,566,226
naturally arises, in
what manner and
to
what ex-
The first explanation is found
weight of the swine slaughtered.
This is.
estimated to be 18 pounds per head at Chicago, 7 pounds at Louisville, 35 pounds at St. Louis, while at Indianapolis there has been
a recent increase in the weight, with the yield of lard " unusual,
It thus seems probable that, notwithstanding the rely large."
duction in the number sUughtered, the yield of lard for the
whole season will be fully as great as for last season. There has
been at the same time a marked falling off in tbe export of lard.
According to the statistics published in tlie last Chronicle, this
difference amounts to about nine million pounds, or a decline of
nearly twenty per cent, since the first of November, compared
witk the corresponding period last year.
The situation may, from this brief review of facts, be stated
as follows:
Decrease in the number of swine slautjhtertd for
the season 13i per cent.; increase in weight 6 percent.; falling off
in export of lard 20 per cent.; while prices of three leading prodacts compare as follows
smaller than one year ago.
in the increase in the
486
79,107
No.
3.300.0M
13K per centf eduction.
The question
much
2,016
1,
or about
.'
.
1875-S.
tent is this falling oil compensated for? llow are lower prices
of lard explained ? Stocks of this staple are admitted to be,
9(1
38,564
1874-5.
872
—
11,029
81
9','7C0
PKIOEe AT
NEW
TOBK.
1876.
.
2:4,407
Me
WaVboro,
William'te, O.
7,013
3.214
VVK6T.
I
58^921
Ohk
ML
W
a falling off of less than six per cent but tbe numler
slaughtered at the minor towns of the West will, it is estimated,
increase the deficit to 750,000 for the season giving us a total
3,.500,811,
293,186 44,579
MIc'E«n,
M'town, Ct
Mllwank,
Min'sob), M.
;
towns of the West, wag 3,400,000, against 2,770,000 to tbe cor
responding dates a year ago. During the same period at seventy,
two minor towns of the West, the number was 859,490, against
1,352,748 at the same towns for tbe whole of last season.
Proceeding on results thus far ascertained, it is estimated that
the total slaughtered at the six principal towns of the West will
be about 200,000 less than last season, wben the number was
ror,K PACKING AT
Oregon, Or
St Aug'tine.F
St John s, F.
St Mark's, F.
St Mary's, Ga
8,768
7,659
GtEHar,NJ
HnroTi. Mich
S.
7,006
C
itr. M*-
has recently been a great increase in the number slaughtered ;
exceeding, for the past four weeks, the corresponding period of
last season
and the total to tbe latest dates, at six principal
2,899,06;
5,397
15,369
7.504
56,648
348!S45
352
6,79;
871,603 13,C83,0S4
..
Sandntky, O.
S Francisco.C
116",928 3,638^854
Gcorgc'n.DC
George'n,8
..
Salaria, Tex.
San Die!»o, Cal
Fairfield,
F. Bay, Me.
Galvest'n, T
Me
Harbor, NY
Salem, Mass.
66,639
Brie, Pa....
Ct
F. Biv, Mass
Fcrnaudina.
WT
Pt.
this
the prog-
to
ress of slaughtering, thus far, this season, tbe prospects for the
remainder of the season, and (what is of equal importance), the
number of swine that may be left for " summer packing." There
.
Ms
Plymouth.
37,096
DuLuth,Mn
Ka8tDiet,Md
Bdg*rt'n,KB
subject, devoted in its last issue considerabln space
approximating the following
-
P Aniboy, N.!,
Petersburg.Va
Philadelphia.
D
NY
Me
P'qnoddy,
3.188
18,5M
29, iO)
827,110 3,764,447
169,638
Dunkirk
NY
383',849
M'h
Dctr.)1t.
»
Newport, R.I.
Me
Belfast,
decline has taken place iu this chief article of speculation.
The Cincinnati Price Current, an excellent authority on
.\lontana,,&c..
F
ArooBt'k,Mv
Baltimore ..
Bancor, Me.
B'aUble,M'8
«
N*intnckct,Ms
Natchez, Miss
Md
Ap'chcola,
^"P*"^"- Domestic Por'i
Districts.
S
and ending March 1. Without some explanation of auxiliary
it seems unreasonable that the price of lard should
now be cheaper than one year ago, and that of late a considerable
1
influences,
;
Customs
Dom'tic For*n
value of lard, and the inactivity of trade in porii and bacon, may
be regarded as somewhat anomalous, in view of the marked
reduction that has taken place in the number of swine slaughtered at the West for the season of 1875-6, beginning November
Wilm'ton,
NC
Wiscasset,
Me
York, Me
Yorktown,
.
48,850
Va
4,619
18',73ti
6^528
311.717
697,936
4,600
Jan.
...
Mess Pork, per bbl
Prime Lard, per lb
L ng Clear Bacon, per
25.
$20.7S
lb
1875.
Jan.
22.
$19.50
uj^c
n%c
no
lOJic
But it is necessary to take into the account the probable supply
and demand during the spring and summer mouths. Lard is lower.
,
THE CHRONICLEl
January 29, 1876,]
101
and pork and bacon are higher, than last January. Legitimate inFrom
fluences seem to warrant the variations that are exhibited.
extent of business in progress iias not been uasatisfactory, the
demand
What the future promise is,
be best indicated by a brief reference to the prominent
commercial and financial events of the past twelve months.
this time out last season, the
descriptions of "the
for all
products of swine was in excess of anticipations, and holders,
favored by a comparatively small summer production, were enabled to force up prices to extreme figures, and manipulate " cor-
chief,
though important, complaint being that prices do not yield
a sufflciently remunerative result.
may
For some years the report has been current that our India
was very unsatisfactory, and althoagli large quantities of
goods were sent away to these Presidencies, there was either no
This report had prevailed so
ing low. Farmers find it much more profitable to teed it to swine profit, or there was a loss.
tlian to atnd it to market, but unfortunately the number of iwine long, without any serious evil resulting, that at length peoTlierelore, slaughtering during ple began to think the statement an exaggeration, or else
in the country is quite small.
the spring and Bummer months must again be on a restricted that by cautious trading the difficulties which had existed)
had been surmounted. About midsummer, however, they were
scale, BO far aa numbers are concerned, though an increase in
weight can hardly be doubted, and consequently an increased yield undeceived on that point, for one of the loading houses in the
trade Messrs. Collie & Co.
suspended, and a sharp and serious
of lard.
panic ensued. The transactions of that firm had not been, it was
It is not probable that the European demand will be so active.
The demand from that quarter durinjf the latter portion of last well known, of a creditable character, and not much, if any, symseaAon was the result of a resistance to the prices asked in our pathy has been shown it, but its reckless trading brought down
markets, and the consequent running down of stocks abroad. several innocent firms whose facilities for obtaining advances had
This season, as will be seen from the export exhibit, the foreign been cut off by the distrust which prevailed, and by the indismarkets have been, thus far, free buyers of pork and box meats, position which the banks and discount houses naturally evinced
and have made better preparation for their needs later on. The to lend on India mercantile pai)er. Serious as was that crisis, it
Cotton States are not likely to be as free buyers as last season. is hoped that the trouble which lias been impending for yeurs has
They have attempted to increase their home production, with now disappeared, and that trading with our Indian Possessions
what success is seen in the comparative cheapness of corn and will hereafter bo conducted with judgment, and not with the
bacon in some of the more Southern sections. It seems apparent, recklessness made public during the past year. The banks, cer.
therefore, that, while no important decline in prices need be tainly, will not afford, for some time to come, the facilities which
feared, the speculative excitement, and abnormal advance in they granted to Messrs. Collie. This is somewhat of a guarantee
prices, whioli characterized a portion of last season, can scarcely
for future security, and if the houses which have been trading
be anticipated.
recklessly with India and the East have now been weeded out
we may hope that our Indian commerce will, in future, yield a
ners " on pork and lard daring the early months of autumn.
There is a large crop of corn now in the country, and it is gell-
trade
—
—
New.
Cat£0t illonetarD au& (ttominercial (Englial)
UF BVCHINGB
A.T LONDON, AND ON LONUON
AT liATBST DATBS.
R/ITE9
t
KZCHANGB AT LONDONJANUARY 7.
TIMS.
Amsterdam... 3
Autworp
Hamburg
LATEST
DATE.
RATI.
tnontbe.
12.3
S0.84
Bhort.
35.10
3 month)} 35.40
P*ri8
EXOHANGK ON LONDON.
ai2.3X
short.
7.
3
1.611
^35.35
e:5.45
@11.65
Berlin
20.(14
@30.6(>
Fraakrurt
30.84
ParU..
Vieuua
Jan.
I
St. Petersbnrg
Cadiz
Liabon
Milan
Genoa.
13.05
35.14
30.16
mos.
short.
as. 15
3 mos.
short.
lis. CO
20.33
20.32
3 mos.
48 @48X
days.
53>ia53X
3 months. 27.55 ©27.60
37.55 a37.60
27.55 ©37.60
W
.Vaoles
Madrid
New York
Jan.
Dec.
Rio de Janeiro
Bahia
Val|)arai8o
P(!rnambnco ..
Montevideo...
4.84K
90 days.
27V®2rX
Nov.
Nov.
17.
27.
Jan.
Dec.
Jan.
Jaa.
6.
31.
Jan.
5.
60 days.
Calcutta
Uoug Konji...
ShauKliai
Peuang
Singapore..
Alexandria
3 nioc.
60 days.
7.
48. K5
Oci. 25.
Dec. 3.
UiicnoH AyreB..
Bombay
7.
U.
»Hd.
3s,
bt.
Had.
t}id.
27
43 @49S«
43>(i@43X
27X
6 mos.
1». 9' 1316'/.
U. 9
6.
o)(a.
IXd.
3t. llJitZ,
.
3
mos.
!
%«
[From our own correBpondent-l
London, Tuesday. Jan.
style of the Plymouth & Aberdare Ironworks Company,
That undertaking had, it was understood, been carried
on at a loss for many years, and the breakdown of the discount
establishment of Sanderson & Co. compelled it to stop payment.
The iron trade had for many months previously been in a most
unsatisfactory condition, strikes and foreign competition, together
with a diminished export demand for manufactured iron, having
led to a great contraction of business.
That failure. In the same
manner as Collie's, produced a very uneasy feeling In its particular department, and caused other firms to suspend payments, but
considering at what loss the trade in Iron had been conducted,
and how ruinous had been the strikes, the difficulties wlilch were
made public wore fewer than might have been expected.
Another failure, for which 1875 will be conspicuous, was that
of Messrs. J. C. Im Thurn & Co., whose total liabilities, including
acceptances from other firms, amounted to about three millions
under
tlie
limited.
A large proportion, about two-thirds, of those liabiliquickly ran off, the bills being retired in mist cases by the
drawers. As regards this firm, the difficulties were caused by
losses Incurred in trading with South America.
With nearly
every country on that continent trading had led to unsatisfactory
sterling.
ties
I3-I6rf.
4».
is.
1.
remunerative result.
Previous, however, to the failure of Messrs, Collie & Co,, there
had been the suspension of Messrs. Fothergill & Hankey, trading
11, 1870.
owing eventually to the failure of remittances, a
Grave fears were entertained by the mercantile community respecting this failure, but it appeared that
the firms for whom Messrs. Im Thurn had accepted were mostly
of respectable or good standing, and they were enabled to find the
means to retire their own drafts. Some difficulties naturally
arose, but they were few so much so. Indeed, that some .surprise
was occasioned, and a fair degree of confidence was soon restored
in that particular branch of commerce.
The year 1875 will also be memorable for the partial defaults
of the Turkish Government.
No one has been surprised that
Turkey should find Itself unable to pay Its way, but the question
has now been discussed for so many years that people began to
believe that event, if It were ever to take place, was yet very
distant.
Many bondholders, unfortunately, had convinced them:selves that Turkisli bankruptcy was to be an affair of the distant
future, and those who thought thus were the only class upon
whom the news came as a surprise. From that default there will,
unquestionably, be considerable suffering. Turkish bonds were
held In larger or smaller amounts by Individuals who ought to
have invested their savings in a security of undoubted safety, and
who ought to have been contented with a lower rate of Interest.
The high rates of interest which accrued upon Turkisli bonds
were, no doubt, tempting to many who had hoped to have made
a provision against old age, and the surprise must have been cruel
when it was discovered that the Interest was to be dlminlsheU by
results, and,
collapse took place.
;
The year has opened with a
quiet spirit everywhere observable
in business circles.
Great activity or speculation is not anticipated in 1876; on the contrary, after th« late aerious warnings,
the unexpected collapse of so
positions, revealing
commerce,
it is
many firms, gome holding high
a state of things not creditable to English
but natural that a cautious policy should be for
some time pursued.
Cheap money and cheap wheat are however
likely to be favorable features.
In fact, the price of wheat has
been so low the past year that no complaints have been heard
even among those earning the minimum of wages. And yet th«
demand
for gold for
Germany
more importance by the
is
an uncertain element, made of
fact that
large stock of treasure, refusing to
but
all
still
the time augmenting her gold supply.
as a whole,
The
France
we may
holds on to her
resume the payment of
say that latterly
it
specie,
Taking our trade
has been more satisfactory.
iron trade has been bad; but, as regards other branches, the
..
.
(THE CHRONICLE.
102
one-half, and when it also appeared that great difficulties had to
be encountered to provide even the necessary funds to meet those
diminished payments. Little surprise, however, can be felt at
the failure of the Turkish Government to pay the interest on its
debt, and it is much to be feared that the downward course of the
country will be unchecked. To meet the January coupons, the
exactions o( the tax collectors have been brutal, and even the
famished provinces, where the taxes had previously been remit.
This state of
ted, have been called upon to pay up all arrears.
things looks very bad for the future of Turkish finances, and
there is perhaps reason to believe that matters will proceed from
bad
to worse.
The
partial default of the
Turkish Government served
to pro-
6
,
1
[January 29,
18.76.
The money market has been easy during the greater part of
the year, and although there has been a good demand for gold on
account of the German mint, the Bank rate has not practically
exceeded 4 per cent. At the commencement of the year the rate
was five per cent, but there was an almost immediate reduction to
four per cent, which was also the closing rate for the year. The
average rate for the year is about 3 per cent, and the money market has presented therefore an easy appearance, which has no
doubt aided materially those firms which have had difficulties to
contend against. Had money been scarce and dear as in 1866,
the consequences might have been serious, but the reverse has
been the case, and possibly many failures have thus been averted.
The changes in the Bank and open market rates may be seen
in the following statement
duce an uneasy feeViog respecting the slate of Egyptian credit,
and fears were entertained that the Viceroy would follow in the
Open
Open
Bank
Bank Market
1875.
Market
1875.
The policy of the Viceroy of Egypt has,
steps of his Suzerain.
Bate.
Itate.
Bate.
Rate.
in a financial sense, been a blundering one, but, at the same time.
Jannary
6.
Jnly
5
7.
8
2Ji®2%
4>i@...
His Highness can be commended for having devoted a large
13.
4
14.
S
3H®...
2;i@3
"
20..
4
21.
3
3)4®...
portion of the proceeds of the loans raised in France and England
2>S®314
"
27..
3
2 ®Siii
in
feared,
prove
it
is
to
be
These works will,
to public works.
Febrnary 3.
Augiiet
3
4.
2 @2)i
10
3
11.
2^®...
many cases to be unproductive for many years to come; but the
17..
18.
S'A@...
JH®1X
S4..
a
25.
money has not, as in the case of Turkey, been altogether wasted.
3!4
i^4®u;
March
September
2
3%®...
1.
The Viceroy of Egypt, with a patriotism which is commendable^
"
10..
3>i@8i/j
3'/,
8.
2
l«®13i
17..
15.
2
3«@...
3H
has been attempting too much, but he sees and acknowledges his
"
m..
2
22.
lyMi
3K®...
3H
"
error, instructions having been given to stop all public works
31..
29.
a
SX®...
1?4®2
April
6.
October
3>4@3K
2H®...
which are not immediately necessary. That the Viceroy has
"
3i/»
14..
13.
3K,
8J4®...
21..
4
20.
SVi
3>ia>...
sy.mv2
been at his wits' end to procure funds to meet the forthcoming
28..
27.
4
3^
8 @...
3>i®...
dividends, is evident from the fact that he should have to part
May
5..
November
4
3.
3 @ ..
S'/.'Si...
3H
12..
10.
4
8 ®...
W,
in
the
Suez
Canal.
with so important a security as his interest
19..
B%
8
17.,
s«a..
2J4®...
"
26..
24.
3
That purchase by the British Government for .€4,000,000 has
3H
3Ji@3^
^y.my,
Jnne
2..
314
December 1
3
8%®...
SH@2X
"
not only temporarily, and, we hope, permanently, established
9..
3'/2
8
3
2'/aS2»i
18..
3'/,
15..
8
3'/4@...
Egyptian credit, but is an event which will be memorable
ay.
8
3y,@3yi
2'/.@2X
in the annals of English Parliamentary Government, and may,
SO..
4
3Ji&4
"ir®..
perhaps, mark an important era in our history, so far as that
The stock of bullion at the Bank was at its highest point on
history is connected with our Indian Possessions.
Whatever August 18, when it amounted to £39,393,893, the reserve of notes
jealousies may arise, foreign nations know that the canal is in and coin being £10,338,203, and the Bank rate 3 per cent.
The
safe hands, that it will be kept open to navigation, and that all smallest quantity 0/ gold was held on April 31, when it was
nations are free to use it at the lowest possible charge. England £30,059,300, the reserve of notes and coin being £9,130,835, and
encourages trade in every part of the world, and never throws the Bank rate 3i per cent. The highest reserve was on the S.lith
impediments in the way of peaceful industry. Were the Conti- of August, when it amounted to £10,399,635, the Bank rate being
nental nations to do the same, there would be no necessity for an 2 per cent; and the lowest on May 5, when it was £8,398,533, and
armed peace.
the Bank rate 3J per cent.
The position of the Bank, according
The list of misfortunes of the year 1875 has not yet, however, to each week's return, has been as follows:
been completed. The latest difficulty, and the last, is the default
BANK OF BNfJLAND RKTXJItNS FOR 1875.
of the Peruvian Government with regard to its external debt.
GovernOther
Kescrve. Bnllion.
nient
Circula- Public
Other
1875.
It was not expected that this would be immediately the case, as
Dep't*it8 Deposits, securit's. securit's.
tion.
:
.
.
,
I
I
the country possesses, or claims to possess, largo supplies of
guano, which, it has been said, are sufficient for the service of
the debt for many years to come; but whatever may be the actual
Jan.
position, there have certainly been blunderings and misunderstandings which have prevented the Peruvian Government from
Feb.
obtaining the funds requisite to meet the January coupons. Some
persons helieve that the money will eventually be provided, but
even if this prove to be the case, it is obvious that Peruvian
credit has sustained a shock from which it is not likely to recover.
Serious as all these losses have been to the country, they are not,
perhaps, without some rather large grains of comfort to the com-
munity
Many individuals, as far as their investments
Peruvian and Spanish bonds arc concerned, are great
losers, but the fact must not be lost sight of, that a high rate
of interest has been paid— a rate much higher, in fact, than what
prudent people consider to be consistent with safety— and that
large amounts have been paid to the bondholders in the shape of
drawings. Practically, therefore, bondholders, instead of living
at large.
in Turkish,
^
upon
DOW
their income, have been expending their capital, and they
find that exorbitant rates of interest are eventually produc-
tive of loss.
We may
consider that hereafter fresh loans for
doubtful States, even if they offer high rates of interest, will bo
eschewed here as well as in Paris, and tliat only those loans will
attract attention from investors, the security for which is un.
doubted. These will yield a lower rate of interest, but they will
prove to be more profitable, as the capital will remain intact, and
the bondholders will not, as in thecaso of the Turkish, be pay-
The Empire at large will be a gainer, as an
impetus will be given to colonial industries and the construction
of railways and other public works, and to the more rapid development of agriculture; while, at home, a larger amount of capital
will be available for the extension of our resource:!.
With our
ing themselves.
surplus capital, therefore, more safely invested, there will be
less to apprehend about the future, and if peace is only ensured,
the country will no doubt make genuine and healthy progress.
£
6.
13.
83.
87.
"
"
3.
10.
17.
24.
Mar.
"
3.
"
10.
17.
24.
"
31.
"
April
•'
7.
14.
"
21.
"
38,
Mav
'
'•
"
5.
12.
I'J.
June
36.,
3..
"
16.,
St.
»*
30,
JiUv 7...
"
11...
• '
"
Aug.
1^
**
Sept.
'•
Oct.
21...
33...
4...
11...
I'l..
85...
1...
8...
15.,
33.
39.,
6.
18.,
"
"
io.
37.
Nov.
3.,
10..
17..
24..
"
"
Dec.
I..
8..
15..
22..
29..
The
38,680.775
.5.36 23.f85,311
15,332,771 10.943,869 22,2.33,624
80,366,4.89 15,948.023 17.590,801 10,464
19.547,544 16,948,032
19 675,471,15,148,088
19,7S6,5;3 14,220,060
18,261,860 l:3,569..W7
17,358,113 l:j,668,7«
35,B63,130'6,196,080 18.065.308 l:j.595,034
i'B,289,755
•26,aOi,800:3,9M,!i;W
S5,8J5,615'.'5,764,835
•;6,370,t05;4,220.7:i4
i5,919,<l35 5,389,529
15,.3.58.310 ll,3ai,8:iHi22,524,638
15,616,188: 11,9.30,8119 22,7.';6,]24
17,3j2,23i 9,849,.Wll 81,220,026
17.577,6021 9,8M,028;80,7.58,9.57
18,f00,241 '10,199,874 20,862,992
5,877,865tB,H7«,0.'-3 17,659,:3i9 1:3,60:3,784 18,185.043:10.687,33:3 21.1 64,6,-8
28,057,595Ni,877,585 17,477,313; 13,603,781 19,68:3,574; 9, 779,0-.!6 20,8:36,681
a5,350.9.'J5l8,130,174 18,680,283 1.3.6118.887 21, 143,678'l0,552,318l20,9, 3,278
•25,64.3,040 8,0S1),214; 17,903,470 13,608 887 2(1,,374,612 10,,';88,U(>1 31.13I,Ki4
2.),93'),5iK)|3,875.803l 17,03:3,805: 1:3,596,887 81,168,4161 10 :332,.599!31.348,189
26,841,755 8,780.864, 18,810,779 13,596,887 88.952,399; 9,r24,169'21, 105,924
37,160,68:1 5,156.8-3"|il8,8;8,:36:3 13,588,116 19.76:3,7411 8.6i)7,417;80,858.007
i7.in6,2J0f4,631,i,'65! 18.017,856 1:3,688,116 18,286,6911 8.80a,985 20,907,205
36,988,465 4,9<9,; 87 17,674,8S6 13,.^88 116 17.883,908 9,130.833 20,059,:3t0
a6,t'42.5:M:5. 485,1131 17,713,869 1:3.588,116 1S,40(I,:377 9,1S0,760 21,023,290
37..';70,845'5.708.H79l 17,208,510 1:3.588.116 18,938,1.59 8.398,6;33'80,969,378
37,341. 2Oi);5,5B0,9I7i 17,991,793 13,588,116 19,191,053 8,81>4, 116:81,14.5,310
37,083,015 5,418,644; 17,189,669, i:3,.588,116 17,715,390: 9,1,59,098 31,313,113
26,8,)2.2;0 6,.5:M,&57 19,4:36,.5.59 1.3,588,116 19,0.55,:3:31 10,344.372 V3.196,643
i". 4:17,89,5 6,036,6001 21,68.5.040,13,688,075 31,976.809 10,076,498 22 4»4,:i93
86.H;0,0(H, 6,808,138 20.073,649 13,716.691 20,098.574 11,060 893188,930,897
20.458,470 6.949,426 19,546,851 1:3,751,739 18,.334,039 13,384.63,3 2:3.84:3 093
27,078,465|7,aOl,073i 23,847,2911 18,754,739 31,185,.598 13,071,603, 25,1,50,C(W
27,9:M.216:9,789.890 35,262,940 13.749,639 35.46:3,5:37 13,762,901 ;26, 699.116
;28,920,718 6.119 414 2.5,558,745 14,871,418 30,836,8:37,1:3,308,883,38,785,423
3S,8il,.5;iO,4,0;'9,830 26,046,844 15,071.418 19,165,904 14,1.50,0(:0 27,605,005
138,638,189:3,380,633 36,647,815 14,276,63ti I8,971.;s09 15,078,393138,331,118
28,600,189|:j,590,20:i v6,322,114 14.026,826 18,713,808 1.5,384,287:28 608,678
89,a45,674|3,574.749 25,161,364 i:3,>'87,902 18,4«1,6S0 14,740,141 38,667.111
28,843.(i83 3,4;30.B89 2.5,601.561 13.786.952 18,192,,567 15,415,077 28,895,9. 3
28,648,289 :3.599,667 25,675,372 13,486,9,53 17,913,87»: 16,238,282 39,393,892
38 300,037 4,098,246 35,8:38,5,37 13,486,953 17,769,676 16.899,6:35 89,327,905
28.651, :386 4,093.998 25,0!0,11>5 13,591,139 18,:36:),782 ]5,7:39,20»i29,C28,898
28,396,061 4,789,189 23,674,084 13,5".5, 1411 17,981.769 15,475,851 'i8,49s,4.
3:(,817,196 i),105,(t33! 3:3,065,183
88,l:30,0o6:3.066.99i 23 517,144
38,830,260,'4.634,096 32,912,85f
28,9813,615 4,792,196 2.5,647.4m
39,236,115 4,135,885 86,051,1.38
28,831,4:30.3,717,880 8.1,026,:367
l:3,f.56,140 18,074.3.'l 1.5,144.628|88,08.5,743
17,891,987
13,582.156 19.014.7ol
I6,8;0. 788. 9,839.940
16,r51,095!30,!<37,l36
l:3..5.55,140
16,266,095, 20,3l'8,688
28,265,8;30i3,566,306 21.896,180 1:3,191.095 19,692,623
I,2t8,8t5 13,751,695 19,964,655
38,68il,.56n 3,;318,619
38,16,5,:340 3,83:3.689 |20,209.963!ll,811,095 H,64:3,108
37,7.50.550 3,423.016! »,734,518 18,811,09; 19,896,7.88
187,696,972-3,593,788 20,855,153 13,513,884 19,104,628
87,617,5-15 3.876,877 38,678,560 1:3,852,843 20,053,9:38
127,693,086 4.646,904 21,030.176 13,8.58,842 !8,996.81(.
I87,.343.204 5,703,277: 30,603.313 13.870,012 19,173,311
187,437,109 6,318,7681 18,777,688 18,8;0,012 18,6.53,519
127,719.985 6,996,022' 30,459,036 13.8%.087 33.369,048
14.788.808 '87,.'M8,033
13,687.783,87.408,04*
12,:371, (MO' 26,8.5.5,375
10,789.806 13,5,025,821
10,258,854,24,0*0,084
10,611,171 2:3,901,001
9,K.52,259 3.3..541,8 9
10,024, 45sii3:i,189,799
10,575,447 2:1,335.997
10,8:j9,117 3.3,197,847
10.696.140 8:1,313,685
10,795,863
11,275,452
10,511.490
9,178,724
8;),03U,4.33
23,235,577
22,627,755
21,708,879
returns of the Bankers' Clearing-House have been as follows
each week for three years:
BANKKIW' OLEARINO-HOUaE BtTVftSe.
1874.
"13
1874.
£
i
£
14 188,013,1100 111,837,000 101.519,000
l35.0O.').0U): laa.sTO.oiu
90,013,001) .'>9,5.')O,O0O; KI,.')a:|,OI)0
l."i4,2.«,0«0 iaO,023,(WII 1M,073,I10J
••
iOH,H'ia,( 00 99.00I.IKX) 1)3,081,0.10
1111,4011,0110'
ini UW.IiSli.llOll
" 18 I28,.'«l«,000 12ii,91.'i,IKl() ll0.1:lh.(K)0
ian,N!l(.i:n(ll M4,!K)a.0flOl
"HI
" 85 ».l,Oil,OWl H(),ai0.iH)Ol N0,6()i,();l0
•'24i liiu,an:i,iJO,) llJll..')li."j.lKX)' 117,0811,000
Mcli.31 ii;i.rrii.oi)ii III IKlV.IHlO 118,7811.1100 Sept. 1 128.481,000 laii, 179,0 10 U,'!. 700 Olio
• lU '.»i 3,'7,(l II) !i.s,iiw,iHi;i iin.iiiKi.oio'
" 8 »3.8.i2.L0 90,U.VI,il0() 811, IXl.OU)
" 15 117,0.8 000 12H.0!I.'),0IK1 107.799 000
i:!l.iiai.i'Oii lan.siH.'iuo i:).'...'::),'S.lO0i|
Uil,U7li,0u0J
"!JI %.71I,IK>' 'Mjm.o
22 («,I.02,OIKI 108, laa.i (H) H(i,835,i)00
14>.03->,U0U{ 101,808.000 lll,H8T,0ifli
" 21 io,-,i4a,ouo
"27
" 28
l(i3,8.il,0Mt 101,002.000 1)8, 488,000;
Feb.»i l4'),S-ia,iil)0 l:i(),a'>« wio I4y,H2J.000 Ang. 4
1
"81
(1
iai,8.-il.illKI
10'.t.ll7l,ll«i
91,c::.',lli«i
l:«i.l).'4,ll
Apr. 7
" M
'i'.(,-,*
I7.IMI l«,.Wi.'«)()
107,7'JT,Oi.0ii
ian,:)i3,ooo'
ii:l,WiH,0Ou
"21
i.'BMir.'i.iiiiii
107.47:.O.i(l 14 l,l)52,(!00;
"as
ll~'..'i:).-i,i'(Ki
Mays
10!I,-2<U,0(KI
ll(l,.'i!KI,0;KI
8I.Sai,000;
n.i.UH.'iooi l:W,8<i<J,000
"12
'J8,.'i!K,00(l IIB!.;«K.IHI0
"I'.lj
141,8^1,0110 14 1,7.M
"SB
.110(1
i^l.lftJ.OOC
lUI.30.'i,00(
<<.->,o:i2.;ion
8.'l.r:'."l IKIII
1)1,2 •7.000
J'neail^ii.cai.iiiid
li!!).li.M.l««l
114 010,000
"
"
«
os.2:k
ill,7il,(K«)'
i;oo
wa.nso.ooo
lC:13l.lilli,()0U i:W,2'i»,o;iO: l2.-),8(7,000
"23
'J7,4.W,0O0; S7.70.'i,0IJi) 95.770,000
"au!i4i,a95,()0(): l.M.4.')li.0U0 107,a.">4,000
Id tUig conaection
prices of
American
We give
tlie
its sloso
it
may
2'J|
"
11I5,5:J8,0J0 110,515,000
18l 110,007,00.) 10.3,198,000! 111,281,0011
20! 137.845.000 18«,O97,0O0;
" a7
Nov. 3 14«,.'Ma,l)00
" 10 »',i,701,0(10
" 17 138,197,00.)
" 84 88,498,000
9 .,839,0(10
8:), 428,000] 82,:)12.000
134,461.000; 129,19:1,000
92,()70,000i 95.119,000
182,«73,0fl0l 118,351,000
88,7152.000 81,(iJ7,«0
143,870,000 1:15,623,001) 1J9.721,00)
" 8 10.1,.').'53,000 103.830.000 88,8:J0.0M
" 15 135.48:1,(100 iaa,'<ao,ooo 113,518,000
" 22 108,009,000 108,714,01)0 93.764,000
" 29 106,55U,OuO M,8'.)a,000 78,028.001)
Dec.
1
be of interest to note the changes in
gf^curities in
London during the past
quotations at the beginning of 1875 (Jan.
2),
year.
and at
Dec. 81st.
Kedm. Dec.
31, '75.
Jan.
i, '7S.
92
Coiisolfl
UuiUJd SUileii, 69
1S81
bs
18&5
68
1885
U. S. 1807,1371,346,350 i««. to Feb. 27,'C9, Ba... .1887
Do funded, 58
1881
Do 10-40, 58
1904
Louisiana, 8.'
18'5
Do
«8
MasBaclinBettx 5s
1888
Do
58
1894
Do
Is
1900
Do
59
..1889
Do
5«
1891
Do
58
1891
Do
18S5
5l
Do
59
1895
Virginia stock 59
107,«(8ii08V
Di>
101
Do
10:!
Do
Do
6»»
New
@104X
@I05
107!/,@I03X
107
©108
105>i®106X
10-XI3107X
107XS4108
105 ©lOSX
105>tf@I06>4
103
:04
20
S5
25
101
lOO
103
103
103
103
103
102
37
1905
fuiidoi 68
61
@
35
sa 35
©103
@103
@105
©105
©105
ai05
@105
(§1104
....
@
@
@
42
63
85
99
98
98
©UWX
©IK
©
©
&
Wcateni
Ist M., $1,000, 79... 1902
2d mort., $1.000, 7s.. 1908
3d mort., $1,000
1902
Atlantic MiHBJBdppi AOhlo, Cou. mort., 79
1905
U.iltimorc & Potomac (Main Ltne) Istmort, 69.1911
do
(Tiniiiel) Ist mortgage, 69,
(guar, by Ponnsylvanin .feNo. Cent.Railway).19Il
Central of New.Ierscy. C'>U9. mort.. 78
1899
Gri>at
Do
Do
Central Pacittc of California, Istmort., 69
1896
Do
California tfc Oregon Dlv., Ist
mortgage gold liontii*. 1,9
1892
Detroit & Milwaakee l.it mortgage, 7<i
1815
Do
2d mortgage, 89
1815
Krio $100 shares
Do preference, 79
Do cnnveitiblet^oM boil(l9, 79
1904
Galveston & llarri9burg, Ist mortgage, 68
1911
Illinois Central, $100 9liares
Lehiuli Vallev, consolidated mortgage, 6s
1923
Marietta * Cincinnati Hallway, 79
1891
Missouri Kansas & Te-xas, 1st mort., guar, gold
bonds. English, "8
19C4
New York Boston & Montreal, 7s
..19a3
Hew York Central & Hudson Uiver mortg. bonds. 7
New York Central $100 9hare9
Oregon & California, 1st mort., 79
1890
do
Frankfort i ommit'e Receipts, x coup.
Pennsylvania, $.'i0 shares
Do.
1st mort., 6s
1880
Philadelphia & Heading $50 shares
Pittsburg Fort Wayne 6b Chicago equipment
bonds (guar, by Pennsylvania R. K. (Jo.), 8s
Union Pacillc Land Grant Ist mort., 7s
1889
Union Pacittc Kallway, Ist mortgaje, 6'b
1898
©111
49
© 98
© 2!
@ 26
© 43
©
© 50
104
©106
47
..
91
92
...
© 93
© 91
A.VKRICAN STSRUNS BONDS,
Allegteny Valley, guar, by Penn. R'yCo
1910
94>f a 95>f
Atlantic
& Gt,
Western consol. mort.,
1892
i, Ot.W., leased lines rental trust, 78.1902
Do
do.
do.
1873,79.1903
Do.
do.
Western exten., Ss
.1876
Do.
do.
do. 7s, guar, by Erie R'y.
Baltlmoie
OUlo, Bs
1895
Do
68
1902
Do.
6s
1910
Cairo
VlncenneB, 7e
1909
Chicago
Alton sterling consol. mort., 6s. ... 190:3
Chicago
Paducata Ist mort. gold bonds, 78... 1908
Cleveland, Columbus. Cin. Jfc lud. con. mort... 191;!
Eastern Railway of Massachusetts, 69
1893
Erie convertible bonds, 6b
1375
Do. cons. mort. (or conv. of existing bon(l9.79.1920
Do. second mort, 79
..., 1894
GUman Clinton <& Springfield Ist mort.gold,78. 1900
Illinois ,1^ St. Louis Bridge Ist mort. 79
1900
Do.
do.
2d mort., 7e
Illinois Central, sinking fund, 58
1903
Do.
do
6b
1898
Lehigh Valley consol. mort. "A," 68
L:;;:ir,ville
Nashville, 6s
1902
Memphis
Ohio 1st mort. 79
1901
Milwaukee
St. Paul, l9t mort 78
1908
New York & Canada R'way, guar, by the Delaware
liu J9on Canal 69
1904
N. Y. Central
Hudson Itlv. mort. bonds, 68.. 1903
Northern Central R'way, coiiBol. mort., 6a
19C4
Panama general mortgage, 7a
1897
Paris
Decatur
1S92
I'ennsylvaula voneral mort. Ba
1910
Do.
consol. Biuk'g fund mort. 69
1905
&
&
.
:
&
&
*
&
&
.
*Kz C coapont,
48X@ 49X
97
81
@ S9
© 83
....©
....
87)f@
88>tf
© 7
© 48
© 25
® 42
© 42
&
&
....
©111
©111
U8X©109X
30
©
40
106X®107}tf
75
©80
® 10
@ 63
© 35
.©
104
104
money
(Jonsole for
"
0.8. 68
81
89X© 90X
85
80
80
42
65
88
55
© 90
© 82
©82
© 44
© 70
& 90
© 60
96>4©
108
97;<
©110
103)5©104«
92
96
86
10.3
© 94
© 98
© 88
ai05
113X©113J<
93
100
40
© 96
©102
© 50
108>i©109X
108
January, 1812, to July, 1874, inciasive.
©103
'Jlia
....
98
94
91
60
98
78
1867
0. S. 10-40S
New 58
-
$105
airs
tiabla.
91
?4 1-IU
94 1-10
Kttjf
;1-1(!
M
3-16
105X
io9w
lov/,
lOIJf
107;*
106J(
lOSJlj
Tl<« quotations ior Dnited States new fives at Frankfort were
U.S.newflvea
lOOX
....
100){
lOOJi
Liverpool Cotton Market.— See special report of cotton.
Mon.
Sat.
8. d.
23 6
¥
»
d.
86
6
9
10
quarter 28 6
ouarter 40
23
40
92
62
50
59
56
Mon.
—
d.
8.
"
"
(pale)
16
IIX
"
9X
d.
8.
.Ij
25
£
9.
d.
8.
10 10
50
3ugar(No.l2D'ch8td)
22 6
32 6
22
on spot, ^ cwt
Snermoil
99
»tUD..9900 99
Whale
oil.
,
Linseed oil....*
31
34
cwt
24
(fiiommercial
Frl.
d.
d.
a.
5
5
IS
16
IIX
11«
9X
'J«
46
5B
85
46
55
23
Wed.
d.
£
Thur.
i.
8.
£
8.
Frl.
£
d.
10 10
10 10
9.
50
3
50
6
50
6
S3
6
28
6
9
22
S3
9
99
31
99
3t
21
24
d.
10 10
6
31
24
58
67
—
Tue9.
£
10 10
50
U
8.
46
55
25
(
6
51
Iljf
9;^
25
Oil Markets.
98
82
Tllnr.
16
i
8.
«
58
57
fl
5
5.")
Fri.
d.
51
a. d.
9X
II
6
6
Wed.
40
46
Mon.
Sat.
£
LlnB'dc'ke(obl).llti:.l0 10
Lln8eed(Calcutta)
50
6
6
6
92
82
'>>i
Pallowf American)...^ cwt. 46
Cloverseed (Am. red).. " 55
"
Spirits turpentine
85
London Produce and
8.
6
115<
11!4
Thur.
d.
92
82
50
58
57
d.
4
40
Wed.
5
16
H
6
5
9
10
23
6
s.
8.
6
8
d.
Tuea.
d.
8.
5
16
Petroleu.o(reflnod)....¥ga!
;«piilt8)
a.
92
82
50
58
57
Mon.
Sat.
Rosin (common)... ^Icwt..
10
28
40
Tnea.
d.
6
6
s.
6
6
d.
s.
23
23
86
96
83
40
—
92
82
50
59
66
Liverpool Produce Market.
9
10
Fri.
d.
a.
23
88
9
6
Thar.
d.
8.
S3
98
d.
d.
8.
6
6
6
Wed.
Tnes.
9.
23
8
^bbl
Flour (Western)
:
—
Literpool Breadstujfs Market.
G
99
34
23
anh iltiscellaucous ISims.
—
lupoiirs AND BXPOKXS FOR TUB VVustt. The imports this
week show a decrease In both dry goods and (general merchandise. The total imports amount to $5,87G,57C this week,
against 18,889,000 last week, and $7,53^!,.j-ii) the previous week.
The exports amount to f;.5,G70,72G this week, against $.'5,050,091 last
week and $.5,109,390 tlie previous week. The exports of cotton
the past week were li'S.OOS bales, against 12,532 bales last weeka
The tollowingare the imports at New York for week endin); (for
dry goods) Jan. 30, and for the week ending (for general mur>
chandise) Jan. 21
FOBBiaH IMPORTS AT NKW TCUK rOB THB WKKK,
1874.
15,291,612
2,603,605
.
$4..36S,596
General merchandiae...
5,737,805
Total for the week..
Previously reported....
$10,106,401
Since Jan.
83X®
82
86)i
....&
....
98)4© 99X
1875.
1876.
$2,036,275
$l,4.35,:i63
4,643.985
3,820.301
$4,79,5,247
14 966,378
tC.079,348
l:i.008,530
$5,876,576
16,117,539
tl9,;61,62?
$19,087,884
$22,294,115
16,6:10,268
|26,7:J6,C09
1
la ourraport of the dry goods traae will be lound theimponsof
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
fromthenortof New York to foreign ports, fox the week ending
January 25
©100
©
(
lai
93 13-16 93 15-16 9:) 15-16 91.5-16
93 15-16 91 1-10 91 l-ll
9'1 5-16
lOSJi
105?^
1053i
109
imy,
ioi«
wjn
107
107
107)<
107X
10474
104Ji
105X
105X
account
Dry goods
©lO.-i
© 52
© &3
©
© 93
© 9B
© 3)
© 62
96
MO
iu:i
(5-209,) 1865,old.l05?i
187J.
...
ll)2X©103>i
50
$89
»98
|«3
8'i
:
©105
93>i@
84
©
directors of the Bank
of England, at their meetinpr on Tliuratlay, fixtfd the miniimim
rite of discount at the Bank nt 4 per amt.
The bullion in the
Bank has increased £26.j,000 during the week.
Sat
Hon.
Tnes.
Wed.
Thur.
Fri.
mld.lnewy cwt
Lnrd (American) ... "
Ohee8e(Amer'n fine) "
49
96
S»i>i
87
.
Bacon(l.cl.
Bisctioir.
certs, (a), 79
Atlantic
&
©
©
....©
48 @
92 ©
!«;*
summary
London Money and Stock iftirket.—The
Pork (me99) new ^bb!...
102 ©103
93,!^
92>f
21
33
iwn
99X©100X
the followingf
14
110
96
25
24
»I04
(
mji
iCu<aaU Maritoi Keporca— Per
Sat.
& 34
© 44
© 16
® 17
© 8
m © 38
© 49
91 © 93
© 89
92 © 94
85 ® 87
....© ....
99X@100>tf
95 © 97
83 ® 35
81 © 81
© 95
© 45 60 © 65
55 © no
© 45
® HX 2W@ 26V
44 © 46
© 30
62 © 01
© 45
65 © 70
© 75
92 © 93
88>i@ 89i4
....© ....
100 ©102
96 © 99
42 © 46
43 © 48
<
Thednilycloslngquotatioasiathe markets of Liondon and lAteu
pool for the past week have been reported by (»\i\e. aa sh wn In
8.
6X@ 7^
lOi
.
Liverpool Provisions Market.
3i
1911
'78.
»H
M |M
M Ew
83
bss
•
mix.)
Peas (CanuUan)
©49
Jan. J.
1897
*
Com (n.W.
© 45
© 42
'75.
91
gen. mort, 1874, B'a
South
North Alabama bondn, Bs
8t Lonis Tunnel Ist mort. (guar, by tlie Illinois
ifcSt Loula Bridge Co.) 9>
1838
Union Pacittc Railway, Omaha Bridge, 88.
.1896
United New Jersey Railway and Canal, Ba
1894
Do.
do.
do.
do.
Ba
1901
Beer(raesa)new9 tee
40
88
47
Dec. 81,
mH
1
Irap.mort.,69
"98
©101
@10O
©100
98 ©100
98 ©100
98 ©100
Pliil.
Reading gtmeral consol. mort 6s
Do.
Do.
vVheat(Red W'n. 9pr).¥Ctl
"
(Red Winter)....
"
(Cal. White club) " 10
30
35
AHKHIOAN HOLLAR BONDS AND SHARKS.
Atlantic
&
Phil,
gnar. by
'73)
(guar, by Penn. I{R.)6«.. 1881
with option to he paid in Phil., 68
Do.
125,,'*(7.01X) 12«,005,0<K) 10.'j,867,IKX)
Oct. « 110,021,000
Rodm.
.
,
& Reading, Ba
Phil. * Brio let mort.
"
"m 112,875.000 187,187.000 149,196,000!
103
Perklomen con. mort. (Jane
1815.
12D,au,000 Ii!4,0U000 July 7 iia,8i»,ooo 116,081,000 112,786.000
ll4,08G,0n()
ti
„
1873.
1875.
£
Jan.
:
THE CHRONICLE.
January 29, 1876.]
1873.
:
:
.
SXPORTS rROM HBW TOBK FOK TBS WBKK.
Portheweek
Pteviouely reported
1873.
$4,856,819
12,554,662
1874.
$5,406,967
15,374,522
1875.
$3,611,472
187o.
$5,670,7«»
13,1:32,930
14,231.815
© 89
$20,781,489
$16,744,402
Since Jan,
$17,411,481
$19,90«,54j
© 99
© 86
The following will show the exports of specie from the port of
New York for the week ending Jan. 23, 1870, and since the
91 © 98
beginning of the year, with a comparison for the corresponding
10.3)iai04)i
89 © 90
date in previous years
95 © 97
82 © 84
$18,590
Silver btri
Jan. 18— Str. City of NewYork.Llverpool
63,629
87
97
84
99^®100X
»iX® 93X
1
Jan.
20— 9ir.
Oellert
Hamburg
Paris
Sliver bars
Silver bars
French
London
silver coin..
Silver bars
.
39,500
8,00J
115,000
:
THE
104
J«n. 42— Str. Labrador...
Jan. aa—Str. Baltic
Havre
American gold coin..
Liverpool
Silver bars
Silver bars
CHRONICIJ^.
J«n.22— btr. Cityof mchmo«d.LiTerpool
150.000
10,081
80,100
Total for the week
Prevlouely reported
954,043
Tutsi since January
1,
$1 ,439,923
1876
Same time In—
|
1878'.
t8,iS6,86S| 1870
1869
S,3(J3,0I7
6,811,153 1868
1,49.\S-!1
1867
1871.
1,981,822 11866
1875
1874
$2,,68:3.389
2,,251,472
6. 930.231
I
1K8
1
been as follows
States Comptroller of the Currency furnishes the
following statement of National Banks organ'zed the past week
:
*,3ir—Centennial National Bank of Philadelphia. Penn. Authorized capital
$300,000; paid-iu capital, $150,000. E. A. Rollins, President; H. m'
Lutz, Cashier. Authorized to commence business Jan. 19, 1816.
DIVIDENDS).
2, 535,286
of specie at this port during the past
week have
BANKS OBOANIZED.
The United
%.605,211
I
The imports
NATIONAI.
^^'•^1
Same time in—
[January 29, 1«,6
The following Dividends have
recently been announced
:
Gold coin
Havre
Jan. 17— str. Labrador
Jan. 17— Sir. Acapnico
Jan. 19— Str. Columbus
Tan. ao— Str. Klopstock
Jan. 41— Scr. Aniia
Asplnwail
Silver ore
Havana
Gold coim
Hamburg
Silver coin
$5,000
190
10,561
2,200
Ciudad Bolivar Bullion (gold)
Gold duet
American silver
St. Marc
Jan 22—Brig Oliver
780
Colnmbns
&
Hocking Valley
Feb. 1 Jan. 23 to Jan,
Feb. 14 Feb. 2 to Feb.
Nicholas National
Total since Jan.
1,
Same time In—
1876
$114,144
1875
1874
1878
1874
5S,718
8fi,049
91,052
170,558
1871
$114,344
1870
1869
1S68
1867
$1,521,406
182,104
277,783
142,339
—
31
18
Inaurance.
Broadway
10
Gebhard Pire
Metropolitan
Rutgers Fire
Westchester Fire
"
" stock dividend..
6
,
Same time in—
Icclnsive.)
Feb. 10
Buuks.
Corn Exchange
St.
*P^
91,954
" Total for the week
Prevlonsl? reported
Books Ou>s«d.
I
Cent. P'able. (Days
Railroads.
3,181
472
Whek
Pbb
Company.
SJtf
10
6
20
I
Feb. 1
Feb. 1
Feb. 1
Feb. 1
Feb. 1
Feb. 15
FBIDAY, JANUARY
The Money
PtIarliLet
and Financial
28. 18T6— 6 P.
Situation. The
M.
prin-
Wabash & Erie Canal. Tliis canal is t9 be sold at auction,
Feb. 24, at Terre Haute, Ind., under a decree of the United States
The sale will
Circuit Court, at the suit of Jonathan K. Qapen.
include the canal from Evansville, Ind., to the Ohio State line,
and a number of lots and parcels of land held by the trustees.
The canal will be sold in sections varying from 13 to 35 miles in
length. The terms are 10 per cent, in cash the balance will be
allowed to remain one year at 6 per cent, interest and on approved security. The whole length of the canal Is about 380 miles.
The State of Indiana, a number of years ago, funded its debt
and gave as part payment Wabash and Erie Canal stock, bearing
6 per cent, interest. Railway competition reduced the earnings
of the canal to such an extent that the value of the property
greatly depreciated, and the State claimed that the canal property
was transferred to the bondholders as full security.
cipal features noticed in the financial markets last week have stil
been prevalent, and, while money has been growing easier, thi
prices of both speculative and investment securities have ad.
vanced ^in some cases quite sharply. The general talk among
bankers and brokers is favorable, and whether or not their expectations are fully realized during the current year, it is evident
are glad to see that
Orient Mutual Insurance Co.
the Orient (Marine) Insurance Company has had so prosperous a
It has done a large business and a good business, leaving
year.
as the result, a splendid show of assets for the first of January.
They declare their usual dividend to the dealers entitled to it,
and also pay six per cent, interest on all outstanding scrip certificates, besides redeeming in full the scrip issue of 1860.
Having
the best of ofBcers, there will be no one but will rejoice at the
Orient's increasing success and continued progress.
mercial paper
;
—
— We
—
Messrs. Fisk & Hatch have issued a circular to the bondholders of the Chesapeake & Ohio Railroad, drawing attention to the
fact that the road was transferred on the SiOth inst. to Gen. W.
C. Wickham, the Receiver appointed by the State Courts of Virginia and West Virginia. They say that the proceedings for foreclosure in the State courts will now be forwarded with as little
expense and burden upon the property as possible, a decree of
sale obtained, the property purchased under their plan of reorganization in which bondholders to the extent of over 700 in
number, (of whom nearly 600 are liolders of first mortgage bonds
only,) and over $15,000,000 in amount, have already joined
and
the reorganization will be perfected as soon as practicable. Arrangements have been made for the return to the bondholders of
their funded coupons upon the surrender to the New York Guaranty and Indemnity Company of the income bonds and accompanying receipts, and those who have funded their coupons can
now recover them at any time. Messrs. Fisk & Hatch remark
that the more the plan of reorganization is examined and discussed with bondholders, the more satisfactory its terms appear, and
they think it is the best that could be adopted.
The officers and friends of the Phenix Fire Insurance Company of Brooklyn have reason to congratulate themselves upon
its continued prosperity.
On January 1 the company's assets
were $2,549,959, and, after making every deduction for re insurance
and other liabilities, there is a net surplus of nearly $800,000, or
80 per cent, premium on the company's capital of $1,000,000.
There is apparently an increase in the year of $400,000 in assets
and $2,50,000 in net surplus. Mr. Steohen Crowell, President,
and Messrs. Sliaw and Crowell, Vice-President and Secretary,
have reason to be proud of the company's strength and progress
under their management.
—
—
—
—
that the anticipation of a healthier financial business is
Our local money market has shown a steady increase in the
amount of funds offering on call, and rates are quoted from 4 to
5 per cent for the bulk of business, with some exceptions at 3 per
cent for large blocks of money on government collaterals. Compaper
On
•
STOCKS
New Tork Stock Exchange bought and sold by
PRIVILEGES
write to
Btreet.
N. Y.
market on members of the New York
Large sums have been realized thcpisi 3
froili
$106 25
Straddles $250 each, control 200 shares of stock for SO days without farther
risk, while many thousand dollars profit may be gained. Advice and infonnalion furnished. Pamphlet, containing valuable statistical information and
showmg how Wall street operations are conducted sent
FREE
To any
address.
Address,
Orders solicited by mail or wire and promptly executed
TUMBRIDGB &
prime
strictly
minimum
dis-
Banks, issued January 32, showed an increase of $953,075 in
the excess above their 35 per cent, legal reserve, the whole of such
excess being $14,810,050, against $13,856,975, the previous week.
The following table shows the changes from the previous week
and a comparison with 1875 and 1874:
Jan.
15.
-1876.Jan. 22.
1815.
Oirculation....
Netdeposlts..
Lepal tenders.
18,515,600
216,058,500
44,562.500
Jan.
Differences.
Loans anadis. $261,652,100 $260,806,900 Dec.
i.3,309,100
Specie
22,773,200 Dec
17,892,000 Dec.
217,324,200 Inc..
46,367.900 Inc.
.
1874.
Jan.
23.
S4.
$845,200 $284,;i88.500 $267,611, 10(
535,900
20,985,200
34,789,10(
62:j,600
24,153,600
27,024,7«
1,265,700
1.805,400
237,146,800
56,830,600
232,691, 8W
67,883.30(
—
United States Bonds. There has been a lively business in
governments this week, with a further advance in prices. Large
purchases have been made by permanent investors, among
whom
the financial institutions are foremost, as usual.
We
have heard of several round lots of $100,000 and upwards being
taken by such corporations, and in one instance as much as
Tlie result of these
$1,300,000 by a single prominent company.
large purchases by parties who intend to lay the bonds aside and
keep them, should naturally be to reduce the availahle stock ol
bonds in this market and to push up prices. It has also been
noticed this week that the amount of bonds offered by foreign
bankers is much smaller, and from the delay in delivering some
bonds which had virtually been sold " to arrive," although time
enough has elapsed for them to have come over, it is inferred
that some of the free offerings in the early part of this montli
were merely " short" sales.
WaU
Int. period.
reg. Jan.
July
Jan.
Jan.
Jan.
Jan.
22.
24.
25.
26.
&
121
121
122
*121X
coup.. Jan. & July. 121X 122
6S.1881
1223^ 122![<
68. 5-20'8, called b...rcg..May & Nov. *IU^
*114ji *!14Ji
68,5-20'8, called b.coup..May & Nov. *114)t 'VA>i 114X *ll4Ji
"
5-20'8,1865
reg..May ANov. *11T
'niX *ll-% '117?^
conp..May & Nov. 117 *117J4 *lll% 117%
;5-20'8,1865
68, 5-20's, 1865, n.i., reg.. Jan. & July. *118><
119^ lW)i *ll9}i
68,5-20's,1865n.l.,coup..Jan. & July. 118% 119>f llOJi 119)i
reg.. Jan. & July. *120% 121Ji 121}^ 122
68,5-20's, 1867
6s,5-20's,1867....coup..Jan.& July. 121K 121X 122
121%
68,5-20'8,1868
ref..Jan. & July. *m
121X *122?i *12iX
68,5-20'8, 1868
coup .Jan. & July. *121% •122>^ 1225i *!22X
reg.. Mar. & Sept. 1I8X 1185^*118% 119
5s,10-40's
coup.. Mar. & Sept. 119>i IWi^ *n9fi IlOX
Bs,10-40'B
68, 1881
.
strost,
N,
58,
Bs,
.
reg ..Quarterly. 116K
funded, 1881
funded, 1881, ..coup.... Quarterly. 118
reg. .Jan. & July. "124
gsOnirencv
CO., Bankers and Broker"
Ho. 4
good demand, and the supply of
.
us oh marcin
of
*
Exchange or responsible parties.
days. Put or call costs on 100 shares
ns
in
Closing prices daily have been as follows:
BAILSOAD BONDS.—Whether you wish to BHY or SBLL.
HA8SLBR & CO.. No. 7 Wall
Neg»tlalcd at one to two per cont
is
small, selling at 5 J to 6i per cent.
Thursday the Bank of England reduced its
is
count rate to 4 per cent from 5, the previous figure, and showed
an increase in bullion for the week of £365,000. The Bank of
France gained 7,139,000 francs in specie.
The weekly statement of the New York City Clearing-House
BANKING AND FINANCIAL.
Dealt in at the
ave por cent.
now
quite general.
Y
• Tbli
lithe Drioebld, no <al€wai
..
116%
118%
124%
117
n8H
125
made at ihe Bo ard.
Jan.
Jan.
27.
28.
*121K *l-ii%
122X l^'^^i
»n4Ji *114>,
*lU}i *VA}^
117;4 "lis
117% '118
H9>4 *nn
ll«)i
119fi
121%
122
122
123
12'J>,
122%
"19
122J(
k:)
*ir.i,s
119>i •119Ji
116% 116%
118% 'USX
*124X »124%
117
HSJl
124;^
:
The range in prises aince Jan. 1, 1876, and the amount of each
laM of bonds oatstanding December 31, 1875, were a« tollowi
:
1.——..,—— Amonnt Dec.
HInce Jan.
Lowem.
1,1881
,1881
U,918,M0
Il),44«,ir)<)
83,898,450
5», 103.900
89,157,300
118,611,(50
381,46^^50
14,6W,6n0
25,843,600
injiJan.
coup..ll6Jt Jan,
c<'(«. 18fi5, new, coup. .117
Jan.
,5-20'«, 1867
coup.. 119,'i Jan.
coup
U9K
',I0-40'9
Jan.
1 19« Jan.
USX Jan.
Jan.
Jan.
coup.. 118
funded, 1881.... coup.. 116X Jan.
Currency
ree. .133^ Jan.
Closing prices of securities in
m
Jan.
Jan.
14.
31.
28.
105
1U8
105,','
1063,-
lOffii
Jew59
lOlX
State
108K
148,'2S9,S00
52,921,:00
367,088,350
as follows:
Range
—Lowest.
since Jan,
104V Jan.. 3l
107 Ji Jan.. 31
Jan.. 6
106
104)^ Jan.. 13'
lOSJi
10fl«
107X
105X
1,
Brie
iti
State bonds, but prices are generally firm.
Teunessecs
well maintained, and the old bonds are quoted to-day at 46i
>id, and 47} aslied.
South Carolina consols are stronjf. Alabama
Mimlholdors soom to have legs hope now that the State will
iffer any better proposition than that already made, and in the
md they may conclude to accept it.
Railroad bonds have attracted much attention, and dealings in
them have been large at buoyant prices. One of the most striking features of the market is the large advance in the prices of
many of the lower class of ^bonds which have heretofore ruled at
•omparatively low figures.
Among these may be named tlie St.
I'aul consols, Northwest coasolidatod gold 7s, Hannibal and St.
IdUHph 8.'^, C. C. and 1. C. first mortgage consols, Ohio &
MissiH.sippi bonds, Pacific of Missouri firsts, and several other
well-known bonds. The idea of purchasers seems to bo that the
companies issuing these bonds are past all danger of default, and
that all their mortgage bonds are therefore good, and the differences heretofore existing between the prices of their earlier and
later issues are, under present circumstances, too large.
The
Pacific Railroad bonds have been rather neglected, and some of
the issues are not quite as strong as last week, probably in consequence of the reports of the suits pending to recover 5 per cent,
nf their net earnings, and the report of proceedings of Congress
inquiring into the issue of government bonds beyond $50,000,000.
Daily closing prices of leading State and Railroad Bonds, and
the range since Jan. 1, have been as follow*;
Jan. Jan. Jan. Jan. Jan. Jan. .— Kange since Jan. 1,'76.^
a.
24.
25.
26.
27.
Lowest.
Highest.
inns
Uock Island...
t.
Paul
do
pref....
h.t,Jk
Central of
»H,
conaoUd
•mi
-5
do
3d Bories.
Mo.6f,]onfr bonds
l)l«t. of €ol, Sffiis,
C. of N„I l8t CODS
(.'.
<
'.
PaciHtee, Kid
B.
&
10 'H
67,y
109
105
Q. cons. 78
iJ,*N.W.cp.Bold
8. 1.* P. 1st 78
(J.
l'llt8.rt,W,&C.l«t
St.L. ftl.M.lstm
Un.Pac. Ist68,gd
do
*
S.F
This
Is
•75
•45
an
•16X
•75
•45
loav
!09
105"
•.08K
105X
v;o^
109
ICll
••.05«
•MH
116
I19M inn
'it
'115
ll'i
'99
\ta% iin
94',
94),
•97X
no
105«
90 i^
109X
'10!
•96X
102X lOJ
83
82)i
•115« 116
12J
98
•99
103
94X
4
Jan.
100
6«X Jan.
109M 108X Jan.
10>« 104 Jan.
t9K
'I07H
IW7S,
Jun.
85X
J;in.
90«
ma
108
107^ Jl n.
108
Jan.
mli
101
81H
Jati.
79X
'116
114
130
92K
U4K
'115H
ii\
995^
WiK
102X
10;«
9IS
94 ?s
93H
ws s made
fal^
11
Jan.
13
lif'A 'laix
•98
U5S IIGX
99K
:
109
>I09
12% Jan.
•76
4.^KJan. 36
Jan. 19
95
at the
Jal.
Jan.
Jan.
Jan.
Jan,
Jan.
Jan.
Jan.
108X Jan. «
69V Jan. 23
13 109X Jan. :8
11 105X Jan.
«
4 108
Jan. 7
3 91
Jan. 28
3 110
Jan. 7
28 108
Jan. 28
3
i\
lOJH jan.'as
85
Jan. 28
116
Jan. S
122
-Jan.
7
28
I15X Jan. i5
100
Jan. 20
104
Jan. 5
99« Jan.
95X Jan.
6
Board.
—
Railroad and miacellaneons Stocks. The stock market
has shown a fair business at strong prices. There have not been
transactions of immense volume in any of the leading speculative
more generally distributed purchases throughout the
whole list. The advance in pric«s hag been well sustained, and
to-day many of the stocks touched the best prices made in some
months. Western Union sold up to 78
N. Y. Central, 113
Northwest common, 43
St. Paul common, 43i, preferred, 77
Ohio and Mississippi, 23| Erie, 17i. There are two principal
causes of general influence which form the basis of the present
upward movement, and these are first, the anticipation of instocks, but
;
;
•
;
;
—
creased earnings during tlie present year
and, secondly, the
prospect that the laws unfavorable to railroads in several of the
Western States will be repealed. It these are repealed, then the
decisiou of the (iranger cases in the Supreme Court at Washington becomes of less importance, at least in its immediate results,
as the cause of the present difficulties would be removed.
The
introduction of a bill into the Wisconsin Legislature for the
repeal or modification of the obnoxious Potter law has had the
effect of stimulating very sharply the stocks and securities
of the
Northwest and St. Paul roads, which operate a large mileage in
that State.
Towards the close of business the toae was strong
and prices near the highest of the day.
Total transactions of the week in leading
le
stocks were as fol;
lows
Jan. 22
24...
25
38
37
28
Total
Whole stock.
The
-.
Faclflc
Mail;
19,100
28,600
12,600
6,900
3,400
84.200
108,800
..200,000
Lake West'n
Shore.
41,700
5.3,400
38,600
29.900
22,300
20,.300
206,200
494,865
Chic.
A
Ohio
Union. N'weit. Erie.
8,000
14,600
16,700
8,400
4,300
22,400
»,6i)0
4,500
1,700
2,600
22,100
83,000
1,600
5,400
31,500
33,300
5.:j00
11,.3U0
A
Miss.
11,2.10
9,.30e
11,200
15.400
6,900
30,500
74,400 68,500 7S,400 84,500
337,856 149,930 780,C00 200.000
Paciflc
of Mo.
200
yio
300
300
700
»,500
Union
Pac.
4,800
1,600
900
700
800
8,000
4,300
9,700
67,824 367,480
stock outstanding is given in the last line, for the
purpose of comparison.
The daily highest and lowest prices hj,ve been as follows:
total
•»H
hav
.'V.J.
7;x
MH
American Kx..
37V
—Lowest.
& Hud.
Jan.
1,
Lake Shore
57
3
38>i
66>^
Wabash
Northwest
do
pref
Rock Island
104;^;
Paul
Jan.
Jan.
Jan.
Jan.
Jan.
63
Jan.
Jan.
Jan.
64K Jan.
lOO^.tan.
42>i Jan.
77
Jan.
6K
48
85J<^>Tan.
do
pref
66Ji
Atlantic & Paciflc pref. 4
Paciflc of Missouri
11
Ohio & Mississippi.... 16»i
Central of New Jersey. 103
Jan.
Jan.
Jan.
Jan.
Jan.
Del., Lack. & We8tern.ll7X Jan.
Hannibal & St. Jo
18Ji' Jan.
Union Pacific
Col., Chic,
1.
&
IS^B Jan.
Paciflc Tel..
18^ Jan.
17i^ Jan.
23^ Jan.
36Ji Jan.
Adams Express
.57
Jan.
Jan,
United States Express. 58
Jan.
101?^
American Express
,
Atlantic*; Paciflc...
Rap.
VJH
106)i
&
&
!i
May
82X 'Ian.
21% Jan.
48X Jan.
62X Jan.
28 109%
13
1
All};.
40% Apr.
(RX Dec.
18
65
Apr.
Apr.
33% Jan.
Oct.
Jan.
15% Oct.
.3d
G
week of Jan..
I
.
.
.
.
.
&
&
&
.
.
.
&
1874.
1876.
$178,951
&
&
«
latest earnings obtainable, and the
1 to latest dates, are as follows:
Jan.l to latest date.
»
Latest earainge reported.—^
1875 or
ier,6 or
1876 or
1S75 or
& Minn. Month
&
&
&
21
Apr. 27
8 12()
2 123
Apr. 27
8 3Di< Mch. 39
Jan. 18 82% Not. 30
36
June 18 9% Jan. 14
3
6X Jan.
136
Jan.
llOX Jan. 31 172 Apr, 26
78
Jan.
70X Feb. 17 84% Aug. 17
6 39% Jan, 15
30X Jan.
\'}i Oct.
13
May 14 .35 Jan. 6
18>i Jan.
20
July 16 44 Jan. 7
24% Jan.
39% Jan.
30Ji Feb. 10 45% Apr. 3
104X ,Tan. 27 98 Jan. 2 101% Mch. 2:5
June 35 65 Jan. 15
59"/, Jan. 15 60
Jan. 1
62>!( Jan.
41>i Aug. 11 65
71
Aug. 28l 92% Apr. 30
85 " Jan
of Nov..
Canada Southern... Month of Dec.
Central Paciflc
Month of Dec.
Chic. Mil.
St. P.. 8d week of Jan..
Chic. &Northwe8t.. Month of Nov...
Oln. Lafay.
Chic. 2d week of Jan..
Denver
Rio
st week of .Tan
Houe.
Texas. C. Menth of Nov...
Illinois Central
Month of Dec.
Indiana?. Bl.
W. 3d week of Jan.
Intern'l ifcGt North. Month of Nov..
Kansas Paciflc
Month of Dec.
Kooknk Des M... Month of Dec.
Michigan Central
Month of Nov.
Mo. Kansas & Tex. 3d week of Jan
Mobile
Ohio*
Month of Dec.
Ohio
Mississippi.. Month of Dec.
Paciflc of Missoari.. 3d week of Jan..
Phil.
Erie
Month of Nov..
Rockf. R. L
St. L. Month of Nov..
St.L.AI.&T. H.bchs. 2d week of Jan.
St. L. l.Mt.ib South.. 2d week of Jan.
N.
St. L. K. C.
3d week of Jan.
Southeast... l^^t week of .Jan.
St. L.
St.Paul&S.City.&c.Month of Dec.
Tol. Peoria&Warsaw October
Nov.
Union Paciflc
Month of Nov.
&
&
Uec.
Oct.
Oct.
S\ Dec. 7
7)i Oct. 2;)
14Ji Sept. 33
ISOKJan.
Eeads.
Atch., Top, & 8, Fe, Month of Nov,
Atlantic* G,Westn, Month of Nov..
Biir.C.
:
,
—
from January
totals
1875.
,•)
& Co
SDK Jan.
Railroad Earnings. The
Wells, Part'o
Sept. 27
38% June
51
Mch.
Jan.
107X Jan.
SJii Jan.
74>f Jan.
3JJ Jan.
Quicksilver
do
nref
PaciflcMail
28
•iiy,
127
Jan.
73Ji Jan.
Western Union Tel
IE 53
22
2X
28 33%
28 46
28 lOOX
28
5>ii-Jan. 27
67X.Jan.
&
Panama
was as follows
Whole year
.
Hlehest.
I.K)WP«t,
HlKhcBt
Hay 28 107«iMay 8
1133i Jan. 31 100
1363<Jan. 24 127KJa". 13 138
Apr. 27
18
Jan. 26 12V June 21 3.5XMch. 29
6SXJan. IT SIX «ept. 16 80X Jan. 2
60^ Jan.
Michigan Central
-
at the Board.
1876, to d«to.-
130ji Jan.
16)i Jan.
Erie
made
1875,
to this date,
"
1,
'
R...10Jjj Jan.
Harlem
Atlantic
31V
8VX
64
,
St.
"2t
SH
•OX
entire range from Jan.
N. Y. Cen.
iss
I04X lOlH
•Thialsthe price bid and aake'i: no sale was
The
'nn
58S 58)i
59X 59S
B3H S3M
dnlted States..
Wellt.Kargo..
-M
MH m\
103X 103H
...
2Si<
ma
•.'^,•«
At. & Pac. Tel.
Quicksilver....
pref. •23H
do
Pacific Mall....
na
•9ti
•si"
•96X
the price hid
109
•106 >4
•96
103
•82 X
lie
16«
"5X
103 S,
•68»,
MH
68«
S»\
iOD
«s
-V.Y.C.&H. Utcn
& M. conf. 8. f.
•nx
I07X
Krielst 7B,ext'd. 106X
L.S.*.\l.S,2dc.cp
....
M, Cent. C0U8, 78. •10','w
M ASt.r.c.e.f.'s
M. & Essex ;8t m. '\\5\
*>.
•44X
•75
•45
KH n
Dol.,L.& West
Ban.A8t.Jos.
Union Paclhc..
Adams Kxp
X Ufi
41
Pac. j>ref
Pacincuf ilo..
Ohio AMIBS...
ire
Virg.
«K
•««
Northwest
pref.
do
.
transac-
1»
i«v n«
«iH <ns
•is s<
Lake Shore....
.'
Panama....
West, Vn. Tel.
I05« .Ian.. 85
I09X^ Jan., 2n
107>iJan.. 28
105Ji Jan., 28
and Railroad Bond*. —There have been few
Tenn.ta. newi...
N.Car. ««,old....
KrldsT,
Jan. 28.
Ills 113
'I'J
Ool. Chic* I.e.
'78.-
Highest.
I
,
.y.Uen.*H.B.
Harlem
Michigan Cent.
318,470,100
64,623,513
.
105
Wabath
141,644,e00
London have been
Jan.
I.S.6s,6-30'a,18«6, olrt..
I.H.SK, 5-30'i,18«7
8.59, 10-40'B
;.
38
37
28
15
35
.Tan.
133
119
.
',
'.
27
Jan. 25
I33K Jan. 38
119K Jan.
reg..inji Jan.
',10-40'!!
—
Coupon.
'1'. ISiiS
5-«fl>, 1888
31.
Hip^hont
Rejfl»tered.
reg..ll9K Jan. S 13S Jan. 3S $193,878,000
coHp..lSO^ Jan. 10 1335^ Jan. 36
coup
.;ii'K,13fl4
"
....
THfi CHRONICJLR
January 29, IS, 6]
',
.
,
381,135
24,943
127,879
126,552
1,279,000
137,000
1,219,2:5
8.815
9,321
413,644
682,098
41,766
189,932
101,187
98,177 1,243.076
1,370,334 16,970,018 14,522,814
367,000
312,600
98,700
1,065,726
IS, 607
16,195
8,896
9,.321
4,477
4,477
329,516
680,4:i5
26.038
176,543
333,401
87,733
654,206
46,649
2!W,27'i
50,164
587,270
59,265
291.014
t341,493
71,7S0
395,7.37
55,8:i8
11,909
91,.i75
69,065
18,565
107,562
351,087
1,0.37,695
1874.
1875.
1116,379 41,367,775 $1,148,581
368,060
71,729
68,031
31,412
.3tj5.407
297,678
.58,698
300,8.59
7,892,9()1
71,610
1,167,067
3,297,.131
792,788
isT.'iso
1,914,348
3,207,849
194,842
74,783
80,644
10,177
78,633
184,875
5;,636
181,354
19,978
1.^,565
8?,97S
877,478
167,787
1,000,598 10,956,628
7,906,fi6
53,508
1,147,143
3,272,697
706,185
128,479
2,391,016
3,298,624
153,2!)7
26.711
140,977
154,761
19,978
836,:M4
9,862,7i0
The decrease
in receipts in December is said to bo owinjj to the fact that
tlie rivers in 1873 have been in good boating condition, while in 1874 they
were too low to enter into competition with the railroads, and further to the
reduced scale of freight charges in 1875. It it stated th.it the decreate lias
been almost entirely in the amounl of cotton transported, while the general
niercliandise has increased in volume.
+ these flgures include $34.17.5, the earnings ot the Springfield division;
earniUL'S on main line were $307,317.
*
The following is an official statement of the gross earnings of the Keokuk
and Des Moines Railroad, 162 miles— Keokuk to Dee Moines— for the years
1873, 1874 and 1875:
K, &D, M.
D. M. Valley. K. & D. M.
1873.
From
From
From
freights
$459,860 24
passengers
miscellaneous
141,45165
^,278 66
1874.
$47.5,343 90
1875,
$5.33,699 13
183.975 7'!
46,866 03
214,883 85
44,200 85
Total
$792,782 81
$639,590.55
$706.185 6:1
The recent decrease In earnings is due to the soft conditioa of the corn com
ing to market, which, owing to the difficulty of selling it In that condition,
prevents as large shipments as would otherwise be made.
The Gold
ITIarket.
—Qold
dealings have been without any
Kpecial animation, and the price has remained pretty steady.
Tliere are still a good many who anticipate a higher i)rice of gold
and considerable export of coin during the next few months,
though it is not possible to predict these movements with certainty.
On gold loans a moderate price has been paid for carry
ing, and to day the range was 3fa5 per cent. on time loans of
gold (£ notations have been made as follows : 30 days, i@i for
all the year,
carrying
60 days to 4 months,
for carrying
;
;
i@|
for use.
J@f
;
:
'
-
.
:.
THE
106
The following
QaotatloDS
Tolal
Open. Low. High. Clos. Clearings.
,
.
n»
Saturday, Jan. 88....11H
113
118
lis
lllX
25,...n3Ji I12J< llSSi
"
26
llSJi
47.. .114,'4 llS^i 118
28 . .113
iU !H«
Wednesday,
Thuraday,
'
Friday,
mn
na%
.
.
118
2i,%7,000
1,107,375
95B.:M6
1,354,409
112K
24,171,000
1,391,57.')
l,777.-13n
24 ...11.3
Tuesday.
Balances
Currency.
Gold.
*I,HS,743 $1,B04,6)9
.
$-J9,971,0l0
1«,'J83,000
118>,-
118
113
8t,7(li,000
liaji 118Ji 113
llJ)i llSJi 113
IlSJi 113>i 113
$1U,.399,000
I8;,87S,D00
81.5,510
1.835,500
1.01S,38B
81,000,000
:
Banks
Atlantic
Atlas
Blackstone
Boston
11
l,5Hll,r8.^
113
113
118
Jan. Itodale
1,813,739
*
KanenllHall
Freeman's
Globe
Jan. 28
©4.65X
Good commercial
4.83!4iJ4.84X
4.86'/ja4.87i^
Docnineulary commercial
4.83
4.8t)
Parie(franc9)
Antwerp (francs)
6.nH'a5.1i)-i
S,17>^®6.14,V
Swiss (francs)
B.17)i'@5.14Ji
O,')^®
84
flSJia
riie trauaautioaB lor
North
Old Boston
@4.87
5.14Jia5.11%
Tremont
5.H'i(a>6.ny,
Second (Oranlte).,.
Third
96Jfa
96J<a
Washington
first
9t>J<®
SBJ^'a
9ti}i
the week at theOusiom Bouse aud Suo
Receipts.-
,
Receipts.
$860,000
-Payments.
Ontrcncy.
Gold.
Gold.
157,000
411,000
305,000
141,000
219,000
J258.033 75 11,049,078 57
634,235 86
280,700 00
1,235,106 39
801,951 31
531,378 93
1,297,400 71
31)6,240 00
57.3,734 75
.366,740 60
1,202,639 27
1259,486
276,889
139.603
1S3,2?1
197,402
726.604
1,469.000
Total
Balance, .Tan. 21
Bilancc; Jan. 28
3,088,099 47
46,045,001 60 86,584 423 99
47,411,310 68 .37.159,898 58
24
"
25
28
27
SS
"
"
"
Currency,
62
39
95
aide &I,eather.
Revere
ITnlon
51
71
21
1,782,198 39
4,883,665 83
Specie..
NewYorR
Cl»y Banks. —The iollowlng statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Jan. 32, 1876:
-ATKBAGE AMOtTNT OFLoans and
B^NKB.
Capital.
New york
Manhattan Co
Merchants'
Mechanics'
Union
America
Discounts.
|S,UO0,000
2,050.000
3,000,000
2,000,00C
1,500,000
J.,66J,!!0l)
- .011,000
3,(X)0,000
8,161,600
1,800,000
1,000,000
1,000,000
600,000
300,000
1,000,000
1,500,000
3,9.S1,-J00
Phcenlx
Clty,
Tradesmen's
Fulton
Chemical
Merchants' Exch ...
Gallatin, National.,
Butchera'tfcDrovers'
800,000
600,000
Mechanlc8*TraderB
Greenwich
Leather Mauuf
Seventh Ward
Btateof N.York,.
American Exch'ge.
.
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham
People's
North America
Hanover
-
8,M;,tOO
M26,SOO
4.4'J3,70C
5,191,100
3,li57.I00
l,o7W00
8,6;6,O0O
3,3 .0,500
3,941,500
1, 74,100
1,900,3(10
83
•200,000
600,000
300,000
2,000,000
5,000,000
10,000,000
1,000,000
1,000,000
422,700
2,000,000
450,000
412,500
1.000,000
1.000,000
Irving
Metropolitan
500,000
fiM
2,971,';00
ara.DOO
4.0i)8,!KIO
!O.S»2!.('00
•;0,*9,800
4,814,600
s,;u;,3i'o
1,893,000
3,669.600
3,17.;,800
l,3').i,0il0
2,2: 1,500
3,3oJ,700
2,-« ,000
12,30;,000
1.630,'WO
Citizens
1,000,000
BOC.OCO
Nassau
Market
1,00(1,000
l,0O0,O('0
St. Nicholas
Shoe and Leather..
1,000,000
3,736.100
J.507.000
1,00(1,000
4,-i79.100
Corn Exchange
1,000,000
2,';9P.'!0(1
Continental
1,.500,000
3,5f9,000
;,365,5iU
Oriental
300,000
400,000
Marine
Importers'* Trad'rs
Parlt
Mech. liank'g Asso.
Grocers'
Northlllver
East Uiver
Manufact'rs'ft Mer.
Fourth National
Central National...
Second National
Ninth National. ...
First National
Third National
N.Y. National Exch,
Tenth National
Bowery National...
New York Co. Nat.
225,200
4.900
99,400
513,300
2,637,400
43,i00
5,700
13,600
3,700
5,500
521,400
58,000
1,500,000
2,000,000
500,000
300,000
15.1*0.700
11 S'iS.WO
l,06i.5U0
:,i;00,000
I,0i3.7f0
681.300
717.400
62(,4(i(j
.300.000
3,-3T,500
6,169,700
2,612,600
S1J,100
2,3S5,900
3,313.0i)0
i,;i7.4ao
2,288,3(0
1,813,300
l,:03,0ou
3,.il6.7lO
779,6011
1,107,800
2,356.400
1,135,900
1,9(7,300
16,870,800
13,112,700
4.800
474,500
4,000
149,900
473.9C0
302,700
164,9(10
892.500
563,200
U0,100
7*,300
184,400
165,100
3,'53,70C
650.600
669,0(0
:86,i:oo
1-2,797.000
i,5ob',666
1,-294.000
8,659,.
233,100
5,460,100
i55',91'6
l,7l'4,100
E.OH.lUO
1,000,000
500,000
1,000,000
5,636,1(0
1,J75,4;0
1.859.900
I.'JIn.KO
1,131,000
1,152.400
1,052,110
8,400
235,300
4,200
491,8
;,liS.20O
315,110
127,610
S32.000
Dec.
Dec.
Specie
Tenders
Inc.
Tbe following
482,3(0
263,300
i.,.
II
If.,
.
21
.
31
ap.
Ill
n
.
{815.2001
533,9(10
1,805.4.10
Circulation
49.41-0
1,181,800
269,300
862,800
220,000
Legal
Tenders.
271,0;'6.530
26-1.390.100
26-1.512.3)0
45,680.20(1
16,5:19,400
16,105,5-00
26
16,759,900
20 2 3.300
24.149.600
21.301.100
23,773,200
43,310,900
41,960,500
40.712.2JO
39,S2I 9 JO
81.324.600
44.5f2 5 K)
46,367,900
1.633.5 Ml
063 510
263.01 I.I 00
•231651.1110
263,806.903
{I,'263.700
Dec.
613,600
Aggregate
lation.
•204.236.000
200.640.300
18,950,700
'2114,573.61)0
18,791.1100
S49.'257,633
210,t2 1.210
13.39n.8J0
21-1.051.500
l.<.51:..6')0
483,55:.8i8
447,750,130
449,484,689
,
17,392,000
460,552,564
4-23,110.813
402.a2i.602
357.831 ,740
75S.S00
9 '9,700
624.400
1,036.000
2111.600
l,5'l;!00
853,900
81.410
2,111,900
901.500
1.172,200
30,4110
1. (.'26,3.10
•..3-JC
17-1.600
5,415,»0C
3,670,900
4,917,fOO
l,(Kn,100
2,690,200
2,692,000
393,800
5,600
104.^00
'..91,700
751.800
2,650.500
819,703
715.900
2.710,300
216.900
32 1.900
78.400
116 100
170.700
1.(63,100
2,165.400
837.:00
1,252,100
1.231,100
3,379.600
2.133.200
34,1100
44 200
so,oto
13,377 400
|1.34,370..50O 53,171,700
7-29,1110
161.600
6'3.9'.ltl
576,8(0
523,500
467.100
163.31X1
41.7(10
6'."
.800
5E5
(0(1
T28,6l^O
977,1(«
SOO.IIIO
426.6(1(1
294.710
777,S1IC
9(i1.6lHl
7SC.1'00
179.111 1;
5^12.ilO'J
357.*8
f 57 .476.700 {2^,(52,800
.Jan. 24, 1e {23,3.2,100
week's returns are as (oliows:
last
398.700
55.700
236,900
Deposits
Circnlatlon
I
Dpcreasp.
Decrease,
8.17.00(1
366JC5
I
9,il7I,(XI
84-2,;00
1.62),:'00
2.518,8011
56,1.39,0{0
24,52>i,2il3
9,3 3,H10
57,'5'2,;(10
9,-223,101l
24,920,800
25.31 ;.000
3,171,700
8,3;r,4';0
58.731.000
57,17P, 00
'25,053, 8('o
— The
Plitladolphia Banks.
following is tne average condition of the Philadelphia National Banks for the week preceding Monday, Jan. 24, 1876:
Total net
Banas.
Fhlladoiphia
(Japltal.
..
{1,300,000
1,000,0W'
Mech. 2,000,000
810,000
800,000
North America
Farmers and
Oommerclal
Mechanics'
Bank N. Liberties.
i.,oans.
Specie.
(1,93.5,000
4.143.000
5.,O7,OJ0
{120,000
27.030
2,418,000
l,752,a'0
2,792,000
1.410.767
I.f43.569
1.309.866
1,771.33>
500,000
250,000
250,000
500,000
400,000
Western
Tradesmen's
Clt,o
Commonwealth...,
Corn Exchange....
Onion..........
First
Eighth
Central
Security
1,00(1,(101
126,400
1.266,(00
2,327,000
2:5,6.51
.1
.571,000
1,6.13.3(0
OJ^.ui-.
7,992
210.25;
7.0.377
12-1,000
193,000
5-23,000
19-2,000
817,000
3,501,000
i,5;i-,oto
34 :,000
4,611
315,121
123,000
-.13,-293
965
6; ^2,000
5,000
20,000
1,104,000
273,000
823,000
911.000
441,000
{679.051
2J'
2:
I,0S5.8'..3
6S3.301
3.601.000
1,102,000
794.700
1,072,530
589.000
1.819.000
1.469,000
4,073.010
874,690
132,000
l>3.000
{16.435.000 {57,019.113
i43,a>
2.0(6.626
19,000
53,000
10,500
15,010
1,100
f2.^. 101
a 1.SO6
31)5,000
1.512,000
4,0.j,00l
547.000
656,000
1,030,000
4,132,000
2,2^6,000
6.l,000
7S9.00(
l,.lM.7-i5
•21
l',5'9
{720,000
491,240
191,000
297,623
!
911,50(1
250,01,'0
Total.
5„'.9:,500
l,r,ll,000
».V2,000
300,000
150,000
350,000
275.000
750,100
,000,100
Sevenin
{1,180,000
3,870.000
.,000
S',566
1.1.0.475
1,594.923
1,000,000
Third
6,1-00
143,420
l,43ii,0(0
200,000
800,000
400,000
300,000
500,000
500.000
Tender. Deiioaits.ciiculat^n,
2,737.900
51S,000
1
ni,'2C0
13,000
35.9tO
6,000
2,806
813,936
3,760,000
1,000,000
airard...,>
Oonsolldatlon
L.
2.M5,(00
Manufacturers'.... 1,000,000
Bank of Commerce 250,000
2!
.
665.06
:
8-2,10
270.00
354,72
2:3.00
271.(W
234.0C
790.00
263.4.^
135.«l
219,5»
211,33
5211,00
78:,.iU
i,(.s-..ooo
1-23.000
418,000
176.00
{16.5.'S,4:8
{48,ioO,Ill
{10,620.00
Tnedeviationsfrom the returns ot previous week are as follows
Loans
De.-.
Specie...
Lfgai Tender Notes
Dec.
'
Jan. 10
Jan. 24
SKCVEITIB8.
14,363,476
16,5;8,47i
46,326.8!»1
10.6:i262
48,3:0,141
10,6:0.00:
ItH
l(i,6:i,39
BOSTON.
SECURITIES.
Bid. Ask.;
Vermont & Mass., 1st M.
6,'8S.
Bid.
As
9)
100
STOCKS.
lOi
gold.
Boston
A Albany Stock
Boston* Lowell stock
130X
fO
51
lOJS 4"
Boston & Maine
11' (4 :4.'
Boston & Providence
••j Burlington & Mo. in Nebraska 33
Ohesnlre preferred
ChlcBiiu, uur. 4 (Julncy
Oln.. Sandusky & Clev.stoca
78
ll6iV
9
"S9
OoncorO.
& Topeka 1st m.78
132',^ 134
69k
.Connecticut
68 V<
land Inc.
:0,F65.18
44,48:,-91
46,110,763
6,0,018
643,0)1
107H
Atch.
Denosns. Clrcnlatloi
1J,697,3'26
13,2:!,'.23
MassachusetteSs, Gold
Municipal
20,56
weeks past
2^6,1.54
4'27,705
BOSTON.
58,
!• c. 12,023,31:
-Inc.
LogalT.^n(ter.
Specie.
58,415,396
53,157,107
56,610,933
57,019,413
Jau,3
Deposits
Circulation
are the totals for a series of
Loans.
Date.
Dec. 27
$102,071
72,217 I
805,2711
inc.
The following
do
inc.
H'0,3(0
1
800
45,111(1
95;,'.(XI
1, '09,700
113.900
8,000
18,000
71,3l«
,552.900
14ii,«00
l,lil,-200
31.300
11.800
2l«,n00
35!,'.iir.
1,721,70(1
1.023JOO
1,134 300
100,600
.''52.230
177,;oo
736,600
526.-00
314.7»i
416.600
716.609
6'4.900
19,(100
41>,000
72.100
3.1'25.300
are as
18,750,61)0
19.118„30<l
19,02-1.600
217.3.'4,200
r5,6(0
39,5(0
....
week
Circu-
Deposits.
Jan.
do
weeks past
210.663.300
2C6.956.90O
155,-:00
".47.-200
477 600
2 3.300
116,800
75,600
2il,9l.O
101,'Oii
61, SCO
5I'.,3(0
144, .5(10
349.60
571,103
393,100
69S.800
1.S67.10O
000
2'25.40il
6(l9,(»KI
4^a9'30
1,656.000
1,401,9(0
529,700
6,a01,i(l«
1711.700
73.800
18,100
128,500
114.900
1.2-29.900
132,161,300
133,370.400
131.516.700
131,370,501
10
24
do
1,117,000
2,790,600
1,371,000
I
Specie.
.Ja-i.
135,0(0
83.900
45,000
6,8'.«,30fl
NetDeposlts,
15,157,5,l(.l
•264
,
8.,,
.Tan
00
t-3
lO.tiOO
<t»OTATIO'«S.
7-0.600
901,000
297,('(:0
are the totals for a series of
Loans.
Dec
Dec
Dec
Dec
60,1
{31,1 35,200 »2.-)0.306,900 I22,773,'20C {16,367,900 {217,321 203 (17.892,000
Loans
Dee
00
6,962,000
1 .662,(00
5,813,000
6,227,700
1,819.000
l)ec.27
Jan. 3
Bankof Republic.
'290,566
115,800
423,000
130.100
3,900
198,500
731,900
The deviations from the returns of the previous
follows:
Letral
5,500
2,335.000
500,(00
111.900
273,4'JO
2,08;,2l)0
2,731,40(1
432,000
,S95,';(!0
i50,6oe
2,3iJ0
26.30C
166,500
90,100
351.C1I0
"The following are tne totals tor a series of weeks past:
Loans.
Date.
Specie. LeKa(Tp.n(1er8. DeoofiUa Circulation.
Sixth
1,956,100
2,060,700
3,360,100
1, 195.^00
1.50li,(CC
1
406.003
3.1I4.9J0
892,400
225,000
9,042.000
3,V5l.3O0
4,133,100
2,755.300
16i',200
271.2:10
:,451,(lt:u
16,1(0
319.400
-7,900
2i..0O
667,300
76,100
72,0(0
,30,000
3,779,906
1,894.300
2,702,800
Decrease.
Penn
1,252,6(10
901,4(10
77.4'
U1.I3IX
•2,066.100
915,SII0
411,100
44 90(1
31,700
1.863.100
910,500
9.3 15.200
857,000
59 -.000
8711,6((1
161,100
52,4IK1
2.69.!,600
Increase.
Kenslncton
1,410,000
32 -1.00(1
Decrease.
Legal Tenders
Southwark
1,961,3.10
STO.'IIM
565,000
762.K0O
836,500
1.117.800
6,100
50,0(0
61.400
9,100
500
;. 875,200
S.582.800
1,06»,100
1..573,800
151,350,000
The deviations from
1, '289,100
450,000
471-200
150,000
191,700
2,700
246,4 10
80,100
•206.3.1,1
957,300
1(4,300
Tbetotal amonnt "duetootherBanks."aBper8tateinentoi
4,361,100
1,S7«,500
7,387,900
2,977.9 ifl
l,5.i5.000
2,965,1100
'iiaoo
404 000
3,079,8(10
16,ni,HI0
250,P(iC
20!i,000
371.4 K)
269,500
4.9S5,7i)0
300,000
I.onn.OOO
1,000.000
{23,200
9,500
6,16J.800
6,625,900
5,000,000
2,000,000
7,6.'>2,0oc
Clrcula.
tlon.
H,10;,8H
266,000
73J,000
24),S00
4 5,000
147,0(10
l,8s!i,'i(IO
350,000
German American.
DryOoods
Total
2,'.>:il',400
Legal
Net
Tenders. Deposits.
Specie.
tJ.t'0.500 |I,43>'.50U
508,300
982,300
,100
1.»13,400
426,700
1,191,600
325,600
;SJ,900
1.112,3'C
l,83i,v00
473,300
478,000
9;9..00
1,081,000
211.1
283,500
1.9,500
626.330
378,500
1,639,700
382,9(10
512,100
218,500
313,900
89,( 00
211,000
9,400
SU.'OO
S3.70O
457,8iJ6
3 !6.3lI(1
33,100
192.200
3,(3,100
196,100
772,000
2.033,000
2,28J,200
2,772,500
86,(110
813,400
200,700
688,100
14,f.00
635,^00
7110,400
807,500
202,100
806,600
400
158,100
B9,0C0
4 0,000
139,000
663,400
155,700
486,(00
1,152,000
1.07S.00O
40,400
;6S.:oo
66,900
259.3H)
450,800
l'23,-00
Ub,7(iO
214,4U0
101 ,'200
732,700
59^>,70O
99.300
b7,«IO
145,000
200,000
Loans
5,439,040 47
5(1.300
1,000,000
1,500,000
Total
151,000.
l:i',700
2,000,000
WeDster
276.300
692.(M1
159.800
78I.90C
1,'200
1,000,000
1,500,000
Security
$77^.180 03
5-.7,128 29
464,724 75
1,446,734 57
855,938 01
760,566 18
365.900
812,500
H.900
532.130
491 .«0U'
2(',100
3,000,000
1,000,000
1,000,000
1,500,000
500,000
1,000,000
1,000,000
...
803.6(10
73,300
283,100
5,557,f00
2.273.500
5,117,100
Sxchange
Sub-Treasury.
,
7'27,fii'0
2,095.510
971,400
635.900
115.000
1.110,400
2,739,500
1,697.200
200.000
Bagle
»I30.9(:C-
'j51,600
2.616.9(10
.38,6011
Olty
Circul.
{437.500
71,010
3 755.000
3.519,800
1.339.500
3.369.600
2.057.200
3,648.100
4.232.300
Bankof Uepabllc...
Oommonwealth
60,100
284.0(0
133,4(0
46.000
23,000
51,100
2 626.90C
2,0 9.700
2,000,000
1,500,000
600,000
2,000,000
750,000
1,000,000
1,600.000
300,000
8'k of Redemption.
96)<
{35,1100
....
170,300
BanCofCommerce.
Bank of N.America
S6;<i
9,600
16,300
3.56.5.100
fourth
9W
2,2-29,'200
1,000.000
1,000,000
Leather
etate
Suffolk
Traders'
Treasurv have been as followa:
Custom
House
*
41,'200
900,000
ahawmnt
5.14%@5.nj4
idy^'^ 40%
4(IM
g5y,
«5f;
96^^
95>i
BSJi®
New Sngland..
4.3r0.6(0
2.2i.8.4('0
5CO,003
3,000,000
500,000
200,000
1,000,000
1,000,000
Metropolitan ..,
Ulount -Vernon
Shoe
4.86
Frankfort (relchmarks)
Bremen (relchmarks)
Berlin (relchmarks)
Massachusetts
Maverick
Merchandise ...
Merchants'
.
©4.89),
4.88>f®4.89
^»H1i
9S»i@
Mirket
4.89
4.8.5X^4.86
Amsterdam (guilders)
Hamburg (relchmarks)
ll)ward
Manufacturers
3 days.
Prime banttere'eterlinK
Good bankers' and prime com'l
@4
llimllton
»:8.ooo
50.600
,^O).100
3-.l,(00
1,00 1,-200
500,1KX)
Bitot
1,439,486
Specie. L.T. Notes. Deposits.
s.-20*.-:oo
1
1,000,000
1,000,000
1,000,000
400,000
1,000,000
300,000
1,000,000
750,000
1,000,000
500,000
800,00C
800,000
400,000
Continental
quiet during tlie
past week, and quotations have varied but little. Tlie principal
elements in the market are the cotton and bond movements, and
on these tlio future course of prices and the shipments of coin
must largely depend. Some of the foreign bankers anticipate
that the export of coin will now begin in a very short time, and
all of them look for considerable sliipments during tlie next
three months. On actual transactions to day, the prices were
about 1 point lower than the nominal quotations, which are as
follows
HO days.
{1.562.100
200,000
Kverett
,
Loans.
^750,001)
1,500,000
^,000,000
1,000.000
700,0(0
Central
t
1,315,751
Capital.
Droadwa>
Foreign Exchange. — Exchange has been
••
>ylHton
Columbian
Onrrent week
Previous weclt
Jan. 28
[January 29, 1876.
Boston Banks. Below we give a statement of the Boston
National Banks, as returned to the Clearing House on Monday
Jan, 24, 1876
dhow the course of gola and operaExchange Bank each day of the past week:
table will
tiouB of the Gold
Monday,
CH110N1CI5E.
94
Via..
112M
Burlington & Mo. Neb. 88. 1S94
do Neb. 88, 1883.
do
Eastern Mass., 7b
& Passnmpsic, pi. M
New Hampshire) ...
ntchhurK
Vlanchester & Lawrence
aastern
13M
iH
(
.i
S8M 90
49
Ind.Cln.& Laf. 78, 1869
equipment lOa.
flo
funded debt 78
do
O^densburgft LakeCh. Ss
Old Col. & Newport Bd8, 7, •77.
Vorm't Cen., 1st M., cons. ,7, '86
do 2l Mort., 7, 1891
Vermont & Can., new, 8«
35
96
113
50
....
15
10
2
'
...
12"
4K
STorthera
1
oiNew Hampshire..
76
Sorwlch* Worcester
OKdens. A L. Champlaln
pre!..
do
do
Old Colony
Port., Saco * Portsmouth
Katland common
do
prelerred
Vermont & Canada
Vermont & Massachusetts
Worcester & Nashua
1'24
2.^,
101.
H
10 (
60
9
m'ii
85
—
..
...
X
.. . .....
Jaauary 29, 187d.]
X
UUKUiNHJIjiJi.
TUJfi
—
.'
—lUI
. ....
.
. ..
GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YOKK.
Railroad Bonds.
State Bonds.
{Stock Kxchatiiie PricM.)
& Susq., IBt bonds.
2d
do ....
do
do
8d
do
do
do
Boston, Hartf & Krle, lat mort
guar....
do
do
Bur., CRapldsA Minn. I8t7s,g
Chesapeake & Ohio 68, 1st m..
Albany
AUbsmsMl, 188!!...
«0
ao
do
8«, isae,
8a, 1888
Aa .4
»«.
As,
(to
do
Chat. R....
"'ISS-
of IB*)..
Bs
Uo
ttrknnaas 6», funrtcd. ••••-•:;
te.I'-"*,f^';^,'",5u.
"is, Memphis & L.
1«,L.K.,P.B.ftN.<).
to
do
do
t»
.
m'A
vn
7sMlB8.0.*K.KlV.
7«, Arlc. Cent.
I<9
»roniirctlcal68
Xi^ocgla t»
R
;u3x
lOOX
do Income
Chicago, 1st mort.
....
IMS
X
109 X
115
m
99 X
90 !<
91
63H
8.(1,
95
84 X
84
9(
l(W
109
102
1
102)4
I06X
MH
Kalamazoo & W. Pigeon, Ist.
Lake Shore DIv. bonds
Cons. coup.,nst. ..
do
Cons, reg., Isl
do
1666.
38X
1867... S8X
do ^
do
:c
do consol. bonds
exmatudconp.
do
do consol. 2d series..
do deferred bonds.... 9k
69X
Otetrlct of Columbia 3.658
.
do
do
do
do
do
»«X
d5
|C9
lAolice pretiouHly qnoted.)
OOM
IHK
* Pacific L. 0. 63, gld.
4 Nebraska, 8 p. c...
& Mo. Rlv.,L«n(I m. -78..
Bur.
.
do
101
99«
9'J
6s,
lUO
Walklll Valley 1st 7b, gold....
West Wisconsin
Sontbern Securities,
99"
Quotauons.j
8TATK8.
'.Brokerts'
IGO
Louisiana
106X
109
do
do
20
25
20
25
30
30
do
2d m.
Keokuk* St. Paul 88...
* Bur. 8s
Dixon, Peoria & Han. 8s
O. (). AFoxR. Valley 8s
103V
fU
87
~
do
Illinois
-.07
82
27
,
111
.
Chic.
..
12
||J2X 103 V
108
109
106 X lOiX
!'J5
lOo'.,
'
I03X
100
101)-:
90
104
105
X
Central Pacific
lOS
lOSX
Richmond
83
& Hock.
V. Ist 7s, 30 yeare
do Ist 7s, 10 years
"lb
2d 78, 20 years
68
Ala.
Ala.
96'
do
Ft.
Dodge
&
St.
Joseph, pref.
.
3J'i
98
ninols Central
Indftnap. Cln. & Lafayette....
Jollct & Chicago
Long
&
do
do
do
Cln., Ist pref
2d pref
do
MorrlBftEssex
Missouri. Kansas & Texas.
New Jersey Southern
1U2X
PltU.,Ft.
W.&
do
m
2d
66'..
9»'<,
iim
13 X
do
60
1st Spring, dlv.
Central Paclflc gold bonds
do San Joaquin br'nch
;ii3
9:1
I05X
91
92
do Cal. * Oregon 1st., 9IX
do
State aid bonds
37 X 97 X
do
L. G. bonds
9-*
48X Western Paclflc bonds
CTilcguar.... loov 101
Union Paclflc, Ist mort. bonds 102 'x I02X
90
do special..
do
Land grants, 78. 100 k
lb
IV
145
iy.
ISIU
Saratoga
Rome, Walertown A
do
86 X
99
flnk. fd.
consolidated
1
Rensselaer
Bt. Louis,
102)4
do
do
do
Alton
do
&
do
(Igdens..
T. Haute.
do
.
pref
Belleville * So. Illinois, pref.
8t. LoulB. Iron Mount, & South.
Terre Haute & Indianapolis...
Toledo, Peoria & WarBaw
Toledo. Wab. & Western, pref.
Warren
IX
Sinking fund..
&
9451
Pacific land gr. m.
South Pacific RR. bds. of Mo.
Pacific B. of Mo., 1st mort.
.\tlantlc
94*
61
64 X
91
<.ri
Bi
IstCaron'tB.
; X
71
2d mort..
Pitts., Ft. W. * Chic, Ist mort. 115^., UiiX
do
do 2d mort. 106 >
do
do 3d mort. il«
Cleve. *ritls. consol. 8. fund. I08X ;6'i
do
do
do
do
'
'
niscellaneous Stocks
do
Col., Chic.
do
*
4th mort
Ind. C. Ist mort.
lOlH
t6x
iV
20
fio
do
mort.. 13
93 X
American District Telegraph..
Rome, Watert'n 4 Og. con. 1st 9,1
99 Jt
..
Canton Co.,BHltfmore
ij%
St. L. * Iron Mountain, Ist m..
65
Cent. N. J Land Iraprov. Co.
do
ad a
no
Delawave 4 Hudson Canal
119i' 120X AIton*T.H.. Ist mort
9j
A'"er!r.an i:oai
56
do 2d mort. pref.. 92X
94
do
i»n'^oMUatlon <:oal of A»d
49%
d >
do 2d mort. Income
Mirlposa L.&M. Co., ass't paid
BK 8* Belleville * B. III. R. 1st irt. >e
84'
do
do pref *'
Tol., Peoria * Warsaw, E. j.i... si'
Cumberland Coal ft Iron
78
do
do
W. >>..
Maryland Coal
do
do Bnr. UlT.
Pennsylvania Coal
do 2d mort.. m"
Bprtig Moostam Coal
do coaaol.7i 3S
'..'d
.
do
stock...
do
Georgia RR.7s
stock
do
Greenville & Col. 7s, guar
do 78, certlf.,
do
.
Macon * Brunswick
do
do
do
do
endorsed...
stock
Memphis 4 Charleston
do
do
do
do
Memphis 4
1st 7s.
2d7s..
:»tock
.
Little Kocl: IBtm..
MIsslBSlppI Central 1st .11. 7s.
2dm. 88...
do
Mississippi
* Tcnn.
do
do
Ist
m.
7s.
cousol. 88
Montgomery * West
P. Ist 8s
do Income
do
Mont. & Eufaula Ist Ss, g. end.
Mobile 4 Ohio sterling
do
do ex certlf
do
do 88, l»tercst
do
do 2d mort. 8b
do
do stock
do
N.Orleans* Jacks, istm
do
do
certlf 's 8s..
NaBhvlUe* Chattanooga 68. ..
Norfolk
do
do
65
20
4 Petersburg 1st m. St
do
do
Northeastern,
S.
7c
C,
1st
2dm. 8s
m. Ss.
2dm.S8...
do
Orange * Alexandria, Ists, 6s..
'2ds, 68..
do
do
3ds, ea.
do
do
4th8, Ss..
do
do
RIchm'd * Pclersb'g 1st m. 7a.
14
1«
100
96
100
50
Rich., Fre'ksb'g
96"'
*
Rich.
77X
4 Danv.
Poto. 6b.
. .
do conT.7s
do
.
1st consol. 6s.
.
Southwest RR. Ga.lstm.
8. Carolina liR. Ist m. 7s, new.
68
do
"8
do
stock
do
2S" West Alabama 8s, guar
PAsr Dtrx couroxa,
Tennessee State coupons
95
SO
60
30
I
Virginia
do
goIU
end. 78...
Macon* Augusta bonds
International (Texas) Ist g....
lnt.,H. & O.N. conv.Ss
Jackson, Lansing & Sag. 8s
ICansat Pac 78, extension, gold
do
7s, laud grant, gld
Montclalr 1st 7s, gold
Mo., If jiiwts * Texai
8s., end
mort. 7s...
East Tenn. 4 Va. 6s, end. Tenn
E. Tenn. Va. 4 Ga. 1st m. 78
IstL. G.78...
do
do
Ist ex L. G. 7s
Grand River Valley 88
H0U8. & Texas C. Ist 7s. gold
Indlanap.* Vlncen.lst's.gnar
Iowa Falls * Sioux Cist 78...
Indianapolis* 8t. Louis 7s
Houston * Gt. North. 1st 7s, g.
Leav., Atch. & N. W. 7s, guar..
Leav., Law. & Gal. Istm., 10s..
Logans.. Craw. 4 S. W. Ss.gld.
Michigan Air Line :i9
.Montk-ellosP. Jervis Is. gold
4
Ist
2d mort. 7s
Oulf , consol
do end. Savan'h
do stock
Cheraw * Darlington 78
EastTenn.* Georgia 68
* Lake M. Ist nl. 8s
do 2d m. 8s
do
DutcheBB & Columbia 78
Pacific
Denver
78, gold
Denver 4 Klo Grande 78, gold.
.
do
Central Georgia consol. m. 78.
stock
do
Charlotte Col. & A. 1st M. 78..
do
stock
do
Charleston * Savannah 68, end
Savannah * Char. Ist m.Ts...
Ist 78.
do new jgid
do
78,
do
6s, gld,.Tune 4 Dec
6s, do Feb. * Aug
do
do
78, 1876. land grant
7s, Leaven, br'nch
do
do
Incomes, No. 11...
do
No. 16...
do
Stock..
do
Kalamazoo * South H. 8s, guar
Kal., Allcghan. & G. R. 88, guar
Kansas City 4 Cameron 10s.
Kan. C, St. Jo. & C. B. 88 of '85
do 8s of '98
do
do
Keokuk * Des Moines 1st 7s.
Ist coup, Oct., '76
do
funifed int. 8«
do
pref. stock...
do
L. Ont. Shore RR. iBt m. gld 7s.
Lake Snp. 4 Miss. 1st 7s, gold.
Tcnn. R.
do
do guar...
(Carolina Central Ist m.6s, g...
—
li7
..
New Haven & Hartford.
Ohio & Mlsslsfllppl, pref
Y.,
do
do
reg
North Missouri, Ist mort
Chatt. Istm.
do
do
do
m%
Ohio* Miss., consol.
Island
Marietta
N
sak
4
*
Atlantic
32
Chicago, Clinton &iJub. 8a
Chic. * Can. South. Istm.g.78
Ch. D. & v., 1. dlv., 1st m. g. 78.
Chic, Danv. * Vlncen's 7s, gld
Connecticut Valley 7s
Connecticut Western 1st 7s.
Chicago & Mich. Lake Shore
Dan., 0rb., Bl. & P. 1st m. 78, g
*
6s
do
7s, new
Wilmington, N. C, 6s, gold....
do
do 88, gold....
SATLROADB.
104
&
.
Hannibal
to railroads, 6s.
Sif>vannah7s,old
Det., Lans.
lOSi.;
10s
104
25
101
Des Moines
lUSSi loik
108 >5 UO
-.20
117
67
57X-
consol. 6s
bonds, 78
gold 7s, quarterly
Norfolk 66
Petersburg6s
103 X Evansvllle & Crawford8V.,78.
lOii
do
68,1887...
101 Vi Erie * Pittsburg 1st 73
do
68, real estate
do
2d78
do
do
68, subscription.
Chicago & Alton....
103>4
do pref
do
78, equip
do
78,1876
do
do
Evansvllle, Hen. 4 Nashv. 7s.
do
78, conv., 1876
Chic, Bur. & Qufncy.
Indlanap.
12JX
Cln.
&
II.
Evansvllle, T.
* Chic. 7s, g.
do * Hudeon, 1st m., coup.
Cleve., Col.,
Flint * Pere M. 78, Land grant.
Cleveland * Pittsburg, guar... 93X 93X
do Istm., reg... lUX 119
do
tlX
Hudson R. 7s. 2d m t f d. 1885.. ;i2ii
Fort W., Jackson & Sag. 8s
Dubuque & Sioux City
ir.'x Grand R. & Ind. 1st guar 7s
Harlem, Ist mort. 7j .'.oup
Krle pref
Albany & SusQuehanna
Orleans 5s
do
do
do
do
do
Detroit. lUllBclale* In. RR.8S.
Detroit* Bay City 88 guar
Detroit, Eel River * 111. 8s. .
.
68, old
6s,
new
do
New
.
8s
IW
do
do
102
100
8s
Dub.* Minn. 88..
S'thwestern 78, guar..
Chesapeake & O. 2d m. gold 76
Col.
pension
83
Montgomery
Nashville
i6i'
Peoria* Hannibal R. 8s.
Chicago* Iowa R. 8s...
American Central 8s
Chic.
104
Grand Trunk
35% Qulncy* Warsaw
104
104
?2X
IM
Lynchburg6s
Macon 7s, bonds
Memphlsold bonds, 6a
new bonds, 6s
do
end., M. * C. RB.
do
Mobile Ss,(coups. on)
do
8s,Cconps. on)
76"
67
!8
w^
of 1884
Columbia, 8. C.,os
Columbus, Ga. ,7s, bonds....
105
104
104
104
Carthagi;
10s,
10s,
6s,
Augusta, Ga., 78, bonds
Charleston stock 6s
Charleston. S. C, 78, F. L. bds.
gold
7s,
consol. 7b
CITIKB.
Atlanta, Ga., 7s..
107X
104
new
South Carolina new consol.
Texas State 6s, ',877
do
6s, 1891-2
do
7s, gold
103
106
103
105
gold
7b,
Wisconsin Valley 88
63
Central Paclflc 78, gold. conv.. 104
Central of Iowa Ist m. 78, gold 35
do
,
104
2dln.,g
Canada Southern Ist m
with Int. certifs.
do
106
no
6s, 1883
&
.
iOO
Itu
7s
C. Bl. lit mort. lOa...
Southern Central of N. Y. It..
Union 4 Logansport 78
Union Pacific, 80. branch, ««,g
2d 8., do 78.... 108
do
lii"
3dS.,do 88.... 108
do
4th S., do 8s... 108
do
SthS.,do8s... 108
do
109
lOi'
6th 8.. do 88.
do
lUS
108 V Bur.,C.R.&M. (M.dlv.).. .78. 22X
(3
;"<X ii;9
Cairo* Fulton, Ist 78, gol
70
lOt
California Pac UR. 78, gold,
1
*
St. L, ft Bo'eastern Ist 7b, gold.
I.Mt. (Ark. Br.) 7s, g.
Bt.L.
ice
107
.00
105 X
.
1
N.Y. Central
102
:05
107
102
,IH
do
Sp. c.
do
Sandusky, Mans. 4 Newark 7s,
Bt, Louis, VaRdalla * T. H. 1st
do
'2d. guar.
do
108X 110
Atchison
98
9«!<:
consol. 78
108
Water7«
00
54
a)
.
do
Jo.
St.
106"
Atlantic
110
.
. .
do
104
103
Poughkeepsle Water
Rochester City Water bds.,
Toledo T-30S
Yonkers Water, due 1903
KAILKOADS.
Atchison * P. Peak, 6s, gold
92
103W
Mich. Cent., consol. 78, 1902.
iBtm.Ss, 1882,8. f. U3X
do
efiulnm't bonds...
do
New Jersey Southern, Istm. 78
do
Hartford Ca
98
99
Oswego
90
102
Cons, coup., 2d
do
Cons, reg., 2d
do
Marietta* Cln., Ist mort
Railroad Stocks.
10«X
Indianapolis 7-308
1U8X 109
—
37
Detroit Water Works 7s
Elizabeth city, due '95
•
" '85
TO
••
•
'""wego 78. gold...
Bloux City « raciflc i>s
Southern Minn, construe. 88.
.(MX
7s, sewerage
104K 106X
7s, water
78, river Improvement iOtX !05X
104
..
78, various
106
107
Cleveland 78
do
do
do
do
90X
t9X
.
Texas, 10s, of 1876
Virginia 68, old
do new bonds.
(To
98
Long Island city
107 X Newark City 7s
95
ma
.
Buffalo Water and Park
Chicago 6s, long dates
99«
JSV
:c4
106
U
B0U..1;
I8r. 102
78, 18M
reg. 7s, 1894 lio'
Dlil
117
3d 7s,conr.
m. gold 7 S-lUt..
lit
Pullman Palace Car Co. stock,
bds, 8s, 4th aeries
do
Rockf 'd, R. I. * St. L. Ist 7s,itld
(Jirotert' Qnotatiotia.)
1112
do
Oswego* Rome 7i, guar
Peoria, Pekin * J. Ist mort...
Peoria* Rock I.7i,goId
Port Huron * L. M. Is, gld, end
coup.
nrriKs.
Albany, N.y., 68
»%
do
North, ric.
IBM loax
do
no
do
do
do
do
do
do
Bid.
.-n.
Omat a * Southwettem BB. M
ns
IIKI
>>
lOiX
•
k
99 «
116
109
do con.couv...
Wilkes H. con. guar.
Am. Dock & Improve, bonds..
Warloan
do
Mil. * St. Paul 1st m. lis, P. I).
1U2
2dm 7 3- 10 do.
Kentucky 6s
do
do
42X
7s. cold, R. D.
Louisiana 6s
do
do
1st 18 £ do...
do new bonds.. ... 42X
do
do
do
42 >,
l8tm.,LaC.D.
do new flostlni; deot 42>4
do
do
do
Istm.I.&M.D.
7a, PcnUentlary
do
do
do
4J
Istm. I. & D..
68. levee tond8
do
do
do
33
do
..^.•
Istm. H. & D.
8».
do
do
do
l»ra.- 43X
do
Istm. C. *M.
88,
do
do
do
U
of 1910..
8s
1st Consol. ...
do
do'
do
do ..
2d m.
Michigan 68, 1879-79
do
do
68.1883
do
Chic. * N. Western sink. fund,
78.1890
Int. bonds.
do
do
do
ICOX
conBOI.bds
MUlourl 68, due in 1876
do
do
WIS*
1877
ext'n bds.
do
do
do
do
iOli,
1878
d«
Ist mort.
do
do
do
ll'lX
1879
cp.gld.bdB
do
do
do
do
lOlJ,
1880
do
reg. do
do
do
do
Funding bonds due In 1894-B.
Midland, Ist mort. 8s
IC2X Iowa
l>onK bda. due '81 to '<)\ Incl.. VJi
Balcna & Chicago Extended..
AByluin or Unlver8.,due 1898. iOUX
Peninsula, Ist mort., conv
i6i)i
Han. & St. Joseph, due 1876.
Chic Sl Milwaukee, 1st mort..
do 1836.
do
<«o
Winona * St. Peters, Ist mort.
lOOi
do 1867.
2d mort..
do
do
do
do
IIM
Mew York iiovnty Loan, reg. 104 101), C.,C.,C.& Ind's.l8tm.78, 8. F.
coup.
do
do
Consol. m. bonds
do
1877.
Loan,
«B, Canal
do
Del., Lack.* Western, 2dm.
1878.
do
«8.
do
do
78, conv.
do
«8,gold reg....i887.
do
Morris * Essex, Ist mort
1887.
coop..
do
«8,
do
2d mort
do
do
1883
loan..
«8, do
do
bonds, 1900..
do
do
do ..1891.
t!8, do
construction
do
do
do
d» ..1876.
58, do
do
7s of 1871..
do
do
J.,
.1.
*
Worth Carolina «8, old,
do Ist con. guar.
do
A. &0..
do
Erie, 1st mort., extended. ..
N.C. KR.... .!.*.'.endorsed...
do
do
do
&0..
...A.
<io
do
do 2d mort., 78, 1879
do coup off.J. & J..
do
78,1883
do Sd do
do do ofl.A. &0..
do
78,1880
do 4th- do
Funding act, 1866...
«o
78,1888
do 5th do
12>,
1868...
So
do
78, cons. mort. gold bds.
do
Kew bonds, J. & J..
do
Long Dock bonds
A.*0..
do
«o
1st m., 1877.
Erie,
*
BuflT, N. Y.
3
Special tax. Class 1.
do
do large bds
do
do
Class 2.
do
-!*
do
St. Jo. land grants
Han.
*
Class 3.
do
3X do
do
do 88, conv. mort.
wi
•Ohio 68, 1881
Dubuque & Sloui City, Ist m..
IIU
do 68.1886
2ddlv.
do
do
1U6
Rhode iBlnnd 6b
Cedar Falls * Minn.. 1st mort.
34
South Carollns6B
Indlanap., Bl. * W., Ist mort.
36
July
Jan.&
do
2d mort...
do
do
36
April ft Oct
do
Mich. So. 7_p. c. 2d mort
Funding act, 1866... 36k
do
Mich. 8. * N. Ind., S. F., 7 p.
LandC, 1889, .J.& J. 37
do
fund..
sinking
Cleve. * Tal.
LandC,18S9,A.&0. 37
do
do new bonds
d«
ofl888. S8X
78
do
Cleve.. P'vllle dj Ash., old bds.
nonfundable bonds.
do
do new bds
do
46>* 47H
Tennessee 68, old.
Detroit, Monroe & Tol. bonds.
46J4 Buffalo & Erie, new bonds
do new bonds. ...
do
4tl
do new series 45H
do
do
Buffalo & State Line Ts
1U2
85
58
49
liy.
101
Long Island RR., 1st mort
South Side, L. I., 1st m. bonds. 92
58
sinking fund
do
Western Union Tel., luoo.coup 9S«
Miaccllaneoiis l.l»t.
1
&
Great Western, Ist mort., 1888.
'2dmort., 18W..
do
Qnlncy * Toledo, 1st mort. 1890
nilnola4 8n. Iowa, Ist mort...
117
1II9V
108 X
97
,
do
Lehigh
IW
102
lua
t»
Lnfayiate, IH'n * .Miss., Ist m.
Han.* Central .MI«»onrl, Istm
Pekln.l.lntoln * Decatur.lBtm
Bomon & N. V. Air Line ist
Bousinn.
10»
8, * Oolf 1st
2d m. 10s.
110
do
y. Haven, Middlafn 4 W.7i..
N.J. Midland 1st 7t,gol<l
do
Mia
New Jersey & N. Y. 78, gold.
N. Y. * Uav. Mid. lat 'la, gold,
Mo. B.,rt.
<1\
2dmort
do
do
cqulpm'l bds.
do
do
con. convert.
do
do
Hannibal * Naples, Ist mort^.
4
USX
S. K. Inc.6s,'95 100
do
MS
Cln., Lafayette & Chic, 1st ni
Hudson Canal, Istm., '91 113
Del.
m
Louis, Jack. & Chic, iBt m. 101
Chic, Bur. * Q. 8 p. c. 1st m.
do consol. m. 7i lO.K
do
Chicago, Rk. Island & Paclflc. '.09
Central ofN.J., Istm., new
Ist consol..
do
do
lUl
p'l
Bid.
Tol,* 'Wabash, Ist m. extend,
1st m.8t.L.dlT
do
do
m
Wi
Bt.
viy.
9ft
•
7b, new bonds
78, endorsed.
7b, gold bonds
Ss
-lIllinois 68 coupon, 1877
1379
do
do
do
do
Indiana
b
itn
107
Louisiana* Mo., Isim., guar.
WH
IM
flo
lias
Jollct
1*K
tit
ex coup
do
I2H
nx
Chicago* Alton sinking fund.
do 1st mort
do
do
X
41
.1UH
27
do
im
....
i"'
.
si.'Mont.'&EufMa B.
•aovRrrin.
Bid. Aak.
aiovBiTin.
Bid. A«k.
SOTTBtTIIS.
may
Pricei reprttent tht per e»nt value, uihaUver tht par
quoted on a prevtoui page.
U. S. Bonds aiM actJM Railroad Stoefct are
onpons
consol. coup
MemphttCKTCjaiMiH
b
Alk
ihk
.
NEW YORK
Bank
[January 29, 1876.
LOOAii SEOURLTIES.
InnDrance Stock
(QnoUtloni by K.
Peiok.
(*)
tliui
B.
B<iL»T.
UlVlDKNPB.
PLUS,
Par Amount. Jan. 1.
CoMrANiaa.
I8T2 1878 1874 1875
1875.'
America*...
American EzcfaauKe.
.
AdilaUc
Amity
.
Arctic
Atlantic
Centra]
Cttlzciu'
CUnton..
Columbia
Commerce
Fire...
Commercial
Continental
1,000,000
300,000
200,000
Eagle
Empire City
Emporium
Fourth
Fulton
G<^'l^anla•
Greenwich*
Grand Ceutrar
Hanover
Harlem*
porters*
& Traders
Island City
Leather Manulactr^..
Home
IManhattan*
Maniit. & Mercfaauts'
Hope
Howard
Marine
Market
Mechanics
Mcch. Bk>t Asso'tion
ilW.OOO
•200,000
Irving
Kings Co. (B'klyn)
Knickerbocker...
Lafayette (B'klyn)
Lamar..
;
Lenox
Kx
Mtitro[>olla"
Longl8land(Bk1y.)
Motropolltan
LorlTlard
Murray
Manuf
Hill*
ft
Builders'
Nassau*
Manhattan
New Vork
New York County....
N Y.Nat. Exchange.
K r. Gold Exchange'
Mech.&Trad'rs'....
Mechaatcs'(Bklyn)
Mercantile
Merchants'
Metropolitan
Ninth
r..
North America*...
North Rlvei*
Montauk
.
(B'klyn).
Nassau (B'klyn)
Oriental*
Park
Peoples*
Pheulx
Produce'
Renubtic
Niagara
North Klver
Pacific
Park
Nicholas
Seventh Ward
Peter Cooper. ....
People's
Biicotid
Shoe and Leather
Phenlx (li'klyn) .,
Produce Exchange
!
Sixth
New
Tenth
Relief
i^ennbllc
Third
KlQgewood
Tradesmen's
liesolute
Union.
West Side"
Rutgers'
York....
[Quotations by Charles Otis. Broker. 47 Exchange Place.
Gas Compakiks.
Par Amount. Periods
Brooklyn Gas Light Co
Gas Co (Bklyn
do
certiilcateB
Harlem
Jersey City & Hoboken ...'.'.'..'.'.'.
25 2.000,000
20 1,200.000
Citizens'
Manliattan
M'^tropolitan
,..
501 1,850,000
20i
.!!"!!!.'!!
certificates
Y
b n B....
'.
"*
Nassau. Brooklyn
^.fio
scrip
New ^ork
;
;.
People's (Brooklyn).... !."\"
no
do
bonds
Westchester CouQtv ,.
Certificates. .......
Bonds
'..
50
'
'
386,000
4.000.000
2,500.000
1.000.000
500.000
5 000.000
1,000.000
500,000
4,000,000
1.000,000
300.000
466,000
53.000
2 1, (too
1,000.000
5
Oct.,
2)4 Oct.,
&0.
f.&A.
4
Oct.,
J.& J.
J.& J.
M.&S.
1
5
•0
Aug.,
Jan..
Jan.,
A.
300.000
M.
«S
J.&
J.
1000
Brooklt/H Citi^— Block...
mortgage
Isf
:o
1003
100
.00
bonds
1000
<fe A'. Aiper— stock
100
1000
Bro'Utwaf/ (Brookt{/H)—%i6ck.'
Brooili/n it fl 'tn ler' M Pt—Btocii
mortgage
ist
\,ential Pk,
N.
mortgage
'St
Christopher
lenth Street~%ioc\^
rf;
Vmet/lHUind
unj Dock,
rf:
Brook^n~\Ri mort
B. tf: Batter {/-~&tor.k
iKtmorttiage, cons'd
Ibifjh th 4 veil »e— stock
A',
iooc
10(1
"
Isl ijiorL;iagc
]['/
St. tft Grand St -^crrj/— stock".
il'l
mortgage
lat
Central CroiH
'J
oion- tiocV:.
mortgage
Ninth Avenue— ^ioQ'k
l8t mortgage
..',.'.
Ist
Secon<t
,
mortgage
Ist
iH mortgage
3d mortgaec
C.iaa.
itiTith
1st
,,,".*].'
Avenue— %iot\s.
\
',
ConvertlMe
Anentte- stock
mortgage
Inird Avtnite—%to<i^
Utmortgage
I jr>enly-th.irA Street— nocK
Utmortgiige
\'
*
ioo
IC(10
100
imxi
100
1000
IOO
1000
IOO
lOOll
1,500,000
2,000,000
300,000
200,000
400,000
300,000
1,800,000
1,200,000
650.000
307 JXH)
1,200,000
900.000
1,000,000
203,000
718,000
236,000
560,000
200,000
4
^
f)
"
j'.itj'.
Q-F.
J.&O
'76.
J.
J.
Jan.,
'76.
2.50,0(;0
1884
92X
Ok"
18T2
Jan., 76
Oct., '75
IS2
101
I'ni
,.
182,708
536,222
12,; 00
43,051
101,002
58,877
30,441
191,749 20
90.597
t6«,403
121,506
78,9«0
71,077
165,369
153,966
246,825
tl62,560
^56,690
,'76.10
Jan., '76,ij0
Jan.. '76. 10
Jan., 76.10
Jail., 76.10
Jan.. '76, ,5
Jan., '76. 5
Jan.. '76.. 5
Jan., '76.,6l
-„
20
19U
Mobas, Broker,
40
Wall Stree^.]
fi5
"isei"
May ft November.
Feb., May Aug.ft Not
Floating debt stock
Fi'b,,May'.'Aug'.&
i860
1866-68
1863
1869
1869
do
do
New
'76
','76
100
70
100
M.&N,
1877
1876
1885
1888
M.ftN.
Nov^-TS
J.
Q-P'.
J.
J & J.
M.ftN.
mbo date of
iOO
1890
Nov.,
-ra
1)190
.
1869-71
1866-69,
1870-71
n)«f,urliy
o/Tbudi!
Local ImprovementCity bonds
do
!40
Brlilrebonds
U
85
water
lo;in
Ci»y Donus
Kings Co. bonds
do
do
• Ali Brooklyn bonds
Nov
do
do
do
do
do
do
do
do
do
do
do
do
1901
1891
January
ft
January
i' July.
July.
do
<lo
Jan.,
May, July
&
Nov.
Bibbs, Jr., Broker,
January
do
do
do
do
no
do
•
May
'lo
flat.
1877-80
18^7-79
1890
1883-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
1876
1901
1905
1878
1894-97
1876
1889
1879-90
1888
1879-82
1896
January and July.
Sroo*iyn-( Quotations by N,
100
do
do
do
November.
May & November,
1853HJ7,
do
Park bonds
Water loan bunds
1
Jan. ,'76
May &
do
do
do
do
;..,
Bergen bonds
Jan. ,'76
do
do
do
var
Jemey Viiy:
Waterloan
dT
lontr
May Ajg.&NoT
do
do
do
do
ConSL'lidalrd
Westchester County...
Jan
Feb.,
var
var
Street imp, stock"
"im"
Nov.,
Bid.
Ask.
York:
Market stock
Soldlers'ald fund
improvement stock
do
(,o
Consolidated bonds
155
6j
J.
P. ft A.
A.ftO.
ft
Jan
Water stock
1841-63
do
1864-57
Croton water stock. .1845-51
do
do
,,1852-60
Croton Aqued'ctstock,1865,
pipes and mains
do
reservoir bonds
do
Central Park bonds, ,1853-57
do
do
..1853-65
Dock bonds
i852
do
1870
do
li-75
Improvement bonds
J.
*76. .5
Jan., "76..
Oct., 75, .6
IncludlnK re-'.nsurance. capital ant prollt «crlp.
Hanover and Westchester 20 per cent
»nS ,q£'„^ P" ^.°G' •'?"'»
*""" "y tfie St, Nicholas, have since been' declared out
Sewerap-ebond*
Assessment bonds ,,
ft
'76..
Aug.,'7.';.10
Jan.,
211,1)44
I
iiio"
Jan., '76, IC
Jan.. '76,,
Jsn., '76,10
Ian., 76.1?
Jan., '76. ,8
Jan., '76.10
Months Payable.
New
Jan., 76
1873
J.
Jan.,
90
INTKRKST,
18S0
A.ftO.
ft
, '76.10
Jan. ,'76. ,5
.Jan., '76. .5
,)an,, '76.
Jan., '76,a)
Jan., '76,10
City Securities.
Jan., "76
Nov., '73
Q.-F.
J.&D.
3.50,000
City.
170
110
110
J»n
aefiK
[Quotations by Damibi. a.
76
M.&N.
199,500
1,
200,000
150,000
G17,ITO
750,000
415,000
2,000,000
2 000,000
IOO
600,000
•TfcM coiu^f,t ..i.uws ISif Tliviaeml
F.'&A.
J.
Jan., '76.,
Jan., '76. IC
Inn. ,'76. .5
Jan., '78..
oFiboliTet'surpI^^'^
IVJX'O
lOiO
lOOO
1000
IOO
1000
10"
IKXI
nor
J.
207,000
80,264
121,317
83,445
79,363
169,447
310,385
196,001
20.529
426,524
r2c,600
350,139
166,216
200,000
150,000
,6
.5
Sept.,'!5..5
Jan.. '76,10
Jan., '76
Jan..
Jan.,
1888
ft
Jan.,';6.
'76
Jan.,
A
ft
Jan, ,'76.
14,861
i',"L''i', .'Al'Jl"*';
hJ.h^Hn^J
'7I{
Nov..'75
J.
J.
.Tan. ,'76.,
77,712
136,241
67,231!
250,0001
250.000
250,000
'76.
J.&D.
Q-F.
M.4N.
J.* J.
J.
'
143,165!
'J"
J. & J.
Williamsburg
,][["
"
50
J.& J. 3
do
scrip
!"!!!
1000.000 J.* J.
7
Btetcher St.<t FuitonFei'ru—%\,ot:.^ 100
900,000
Ist mortgage
lOOO
694,000
J.& J.
Broadioay A Seventh .4f7c— stock" 100 2,100,000
J. & J.
mortgage
;!
Sept 20,76
5
l2H
M.&N.
M.&N.
J.& J.
F.&A.
WHliamsburg
'7;
".s
'75
Jan., 'je,
Jan., '76.
Jan,, '76,
115.712
187.759
315,753
122,4^9
50,008
151,663
36,755
131,476
234,314
2(10,000
Tradesmen's
United States .a..
Westchester
Last
dividend.
IOO
176
laD.,'76,
28,741
200,000
300,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
Star
Sterling
Stuyvesarit
I
.Ian., '76..
Jan., '76. 10
t329,n9J
90,658
t885,281
•.!00,COO
Safeguard
St. Nicholas
Standard
Gas and City R.R. Stocks and Bonds.
iRt
.
National
N. T. Equitable....
New rork Fire ...
N. T. ft Youkers..
Pacific*
43,007
1'25,756
150,000
500,000
200,000
3,roo,ooo
150,000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000
200.000
250,000
200,000
150,000
200,000
200,000
800,000
200,000
200,000
200,000
210,000
200,000
200,000
600.000
350,000
200,000
200,000
150,000
150,000
1,000,000
Iraporlers'ft Trad.
& Traders..
MerchiintH'
M'ltual.Jil.
500,000
200,000
"200,000
.Jefferson
Mercantile
Herchnnts
no
do
1,(M10,000
Hofltnan
MatmfrtrerB'A Build.*
State ox
150,000
150,000
200,000
Hanover
Loaners'*
St.
'204,000
Globe
Greenwich
Guaranty
Guardian
Hamilton
IrvitiK
MiMii antes
200,000
200,000
German-American
Germanla
Grocers*
125
310
200,(»IO
Exctiange
FarraKut
..
Firemen's
Firemen's Fund...
Firemen's Trust..
Gebtiard
Gallatin
German American*..
German ExchanKC*..
rii
153,000
800,000
210,000
250,000
300,000
2(«,000
200,000
City
First
7S
'200,000
Brooklyn
Citizens*
Corn Kxchaniee*
Currency
Dry UooUh*
BastHlver
Hleventh Ward*
Ftah
Fifth Arenue'
I
ft M'lBt'rs
Hroaiway
CKy..
Commerce
Askd
20(',000
IJrewers'
ContiiHMital
1)1(1.
200,000
300,000
200,000
Bowery
Chemical
5
200,000
400.000
200,000
200,000
American
American Kzch'c..
Chatham
Last Paid.
200.00(1
Mln»
Bowery
Broadway
Bull's
List.
brofcer, «1 WallBtrect.)
Nit Btrji
Capital.
are
notNattODal.
Htad'
Batchers A Drovers
M
5
55
,
Stock LUt*
COMPASIKS.
Marked
.
i;iiKUJNi(;jLFi.
ft
ft
'is
J uly,
do
do
do
do
do
do
November,
do
1877
1895
1899-1 go",;
1876-79
1S76-91
1905
1876-1900
101
96
m%
97
102
67
103
1U3
IM
'^*'
103
97
100
](W
112
io-i«
101 >,
112
•:oi
102 >s
KM).
ll'J
WiM
104 >5
112
106
95
96
104
1(K
102
114
103
102
113
102
108
108
113
108
108
113
107
.
98
97
106
U«
i03>i
106
105
102
103X
1876-SO
1881-95
ICl
103
104
1915-'i1
1:0
1121,'
1903
1915
111
1I.3H
l(19>j
11'
:i4
l('4;,-
loix
ifla><
Wall
St.]
1902-l!iO,->
1881-93
1880-88
187i-8U
115
10*
1P8
:
:
.
January
THE CHRONICLR
29, 1876.]
'ihifMA
''
3uue0tment0
The traffic lo«t in consequencs
made up during the few montbi
of the strike not baviDg been
of business left at the cTosh nt
of the comiiaiiy is practically
STATE, CITY AND CORl'OBATION FINANCES.
as only a sufficient
number
is
printed to supply regular
subscribers.
ANNUAL
REPORTS.
Philmldpliia & UmtUng Rnilroad.
{For tho year ending November ISO, 1875).
The (oUiiwinj; tabular statement shows the comparative
sults of the year's business
—187 J.
.
-^
1S75.
.
.
3,8'j0,.'i01
8,7Sn,il01 tims.
$1, 868,76!!
3,046,008
CobI .... 0,182,560 tons.
Mall
Hiscollaucuus
ti,!WU,814
4,3li2,9Tl tons.
7,li.i«,«!)9
.
Tons
of coal
carried.
127,275
136,873
217,340
345,145
Year.
3,098,0W lone.
.
in credit $153,426 13.
re-
:
|2.01J,«66
Travel
M<l«c.
the year, the reserved fund
exhausted by the dividend payable on January mi\x and, as the
business of the three winter months of the year can never l;e
relied upon as sufficient, without a reserve fund, to provide for s
quarterly dividend, the consideration of the next dividend must
be postponed from April until July, at which time whatever may
have been earned will be declared as one semi annual dividend.
Another new steam collier of fifteen handred tons was added
during the year to the fleet of the company, which now cumprisci)
fourteen vessels. The following table shows the amount of
business done during the year, with its results, as compared wiih
previous years. The item of $418,479 01, of expenses for 1875,
includes a charge of $73,530 46 for insurance fund, which Is now
;
The " Investors' Suppieiuent" Is publinUed on the last Haturday
of each month, and furnished to all rejfular subncrtberH o( the
Chuoniclk. No sintfle copies of the Supplement are gold at the
office,
62.686
85,554
lice.
»14tl,8!)7
Dec.
Hoc.
.Vi4,«.1
l,a84,215
1,357
S4,ni?.
Inc.
81,408
Dec.
4,l4tl
1872
1873
18:4
1875
In
common with
$14,453,131
8.731,916
$1-J,6I)0,9«
$5,740, J05
$4.510,7«8
Netprottts
Dec. $),791,184
Dec.
601,767
8,130,159
Av. rate
,3n<),2«6 .•«
800,636 26
491,«39 50
nearly
all
Ni
Total
expeneee.
$237,818 26
202,11104
294 045 41
Total
receipts.
$355,4(;0 03
fr't
$117,64177
received.
per ton.
$2 62
107.185 i?!
6,590 85
72,559 89
129
115
I
proftls.
418,419 01
J 32
tho business of the company, the
—
the first
colliers suffered severely from tho strike
seven months showing a coal tonnage of but 91,101 tons, and a
net loss of $.'i;!,7.50 16, against a tonnage of 254,043 tons, and a
fleet of
GroHB receipt*
Gross expenses
10»
steam
64 2-10.
profit of ,$100,310 05 for the following five luontbM.
The canals of the company suffered equally with all other
departments, in consequence of the loss of tonnage during the
The transportation and income accounts show, in detail,
strike.
The receipts and expenses per passenger and per ton, based
upou entire coal tonnage uf the company, on main line, branches
and laterals, were as follows
the net loss upon each cannl that of the Bchuylkill being
$125,716 45, against $216,927 94 for last year, and the loss upon
the Susquehanna Canal being $172,270 09, against $161,019 13 for
Dee.
|;l,iS!l,437
Gross expenses, including renewal fund, rent of lateral roads,
taxes, &c., in the year 1874 were 60 4 10 of grof b receipts
in 1875
;
—
:
,
-1874.
1875.
.
,
Received.
JO 88 9-10
Cost.
Per pasrengcr
$0 30 8-10
MercliaudiBo. per ton..
tl8 4-10
Coal, p;T tdu
814-10
Cost.
109
140
,
Received.
$0 26 8-10
$0 19 4-10
716-10
1-10
5-10
87 7-10
all expenditures of
1112-10
138 7-10
The above statements embrace
the com
pany. except interest on the funded debt, and include rents of
leased railways, renewal fund, taxes, and premium on gold and
exchange.
The result of the year's business, as condensed from the transportation and income account, may be stated thus
:
Receipts over cost of worting the
Profit
»u steam
mad
$4
Add
balance of inlerest account, including interest and dividends
on stocks and bonds held by the company, receipts from the
Philadelphia & K.ading Cmil and Iron Company, &e., first
deductlnB drawbacks on traffic of 1874, loss on line of Richmono c al liarses and upon the business of the Schuylkill and
Susquehanna Cana's, and interest on Instalments on convert-
$4,603,328 08
From which deduct—
bonded debt
....
bonds and mortgagee
Sinking fund consolidated mortsage loan 1871-191l'.
Siiikluu fund improvement mortgage loan 1873-97.
.
$6,872,658 71
$3,476.088
104 982
814*650
812,000
to credit of reserved fond, 1874
Dividend fund, 1875
Ontof which has been paid in^P.^'-.l-l^^*^ P"' "•"^ dvidend on
July. 18(5, in per cent dividend on.
October, 1875, '!y, per cent div. on ...
00
68
.
$2,864,938 01
936,77! 19
sTsnTmo^
»'>,oui,iuy
a
.
.
.
$14,277,575 28
31,277,575 28
34,277,575 2 j
$856,939 38
856 939 Si
856,939 38
j>2
state tax on dividends
','7C\
ftift
14
62-2,832,191 76
'ijl.'gYS
$999,517 46
Dividend, pajabie in cash on the 25lh
of January, 18;6, of JX per cent on
the preferred and common stocli.
State tax on dividend
.
.
$34,277,575 28
77,12154
934,063 92
Balance of reserve fund
:
"^^ operatives in the coal mines, known as
.. .m*"'.V'"'*'
Ihe Miners and Laborers' Benevolent Associatio-h,"
ordered a
Btrilie, to take place upon the Ist of
January, agaio.st a reduction
of wages, to take effect upon that day.
Upon the 15th of June
the strike was practically ended, and
between the last date and
the Ist of July work was generally
resumed by the men at the
reduced wages.
"'
Some
idea of the cost of such a strike, and of
the relative ditbeiween receipts and expenditures during the
respective
perioJs of Idleness and activity, may
be gained by the lollowin.'
"
Bgures
lereiice
?'
™"'P'"'J' '«" six months during strike.
months of bnsiness .. ..
""•"
c-li»i 't',',V,ni*^''
''•»'
'""•""^e for BIX
.
.
.
311 II
4""
213 0'
1.0.3:1
4
ho diflerence in results, however, is still
greater;' the busineBs"
""""."'^ "' ""' "'"^^ showing a net profiit of only
«o« n^-"r\ against
?26,05oC5,
a profit of |4,504,712 54 for the remaininf'
'^
SIX months.
-The comparative traffic of the last three
years is shown by
the
'
following table:
1
Number of
passingors carried
Niimbt-r tons coal, 2,210 lb»
wumberof tons nurclmndise, 2 noo lbs
rjiimiKT of tons company's iiiBterials,2,iX)(llt)s.
iotal tonnage of company (,',000 lbs.),
includ'' passengers and company's
™iv„rf*i^'"'
matsri&is
187.1
6790038
MoisM
6
3:331 iiM
631,648
During tho six months of the strike
During the remaining six months
Of this total amount, 1,437,450.08 tons were mined by the company, and 1,594,740.18 tons were mined by tenants.
After a very large expenditure upon tbe property of this company, the collieries are in excellent condition for economical and
profitable workintr. No further outlay will be required, except
for the purpose of completing the Mammoth vein shafts, and two
or three smaller improvements, which together will require no
very large amount of money.
To supply the necessary funds required by the two companies,
and to meet engagements incurred in the prosecution of their
works, an issue of ten million dollars, or two millions sterling of
the general mortgage bonds, has just been made in London the
prospectus inviting subscriptions having been issued in London
as late as January 1st.
No advices have been received other
than the telegraphic announcements of the success of the issue.
By order of the Board of Managers.
FKANKLIN IS. GOWEN, President.
Philadelphia, January 7, 1876.
1974.
6.96(.8«»
1875.
6,9:i8,129
6,.34e,812
5,.50.',453
3,093.^31
493.591
2,720,208
581,984
At the annual meeting of the stockholders of the Philadelphia and Reading
Railroad Company, held January 10, 1876, the following resolutions were
adopted
1. Resolved, Tliat the report of the Board of Managers, this day presented
and read, be and the same is hereby approved, accepted and adopted, and
that the action of the Board in relation to the several maitere therein mentioned is ratified and approved.
2. Jleeolved, That the issue of $10,000,000 of the general mortgage bonds of
this company, as proposed by the Board of Managers, also their action in
guaranteeing the first mortgage bonds of the Phoenix Iron Company, the
Monocacy Furnace Company, and August Schwarze, are herebv ratified and
approved.
3. Jlenolved, That the Board of Managers be, and they are hereby authorized, at their discretion, to carry into efleet any of the mcaenres proposed in
their report, and. if In their oiiluion needful, to enter into any contracts or
agreements for
tliat purpose.
4. Jiesolve^, That the powers and authorities conferred npon, and granted to,
the Board of Managers by the resolutions passed at prior annual meetings be,
and the same are hereby continued.
5. Resolved, That a vote of thanks be, and the same is hereby presented to
the President and Board of Managers, for the able manner in which the business of the road has been conducted during the past year.
Nashville Chattanooga & St. Loals Railway.
{Report for Six Months Ending Dee. 81, 1875.)
The following official statement is issued of
for six months ending December 31, 1875
penses
i
11,336,261
10,099,040
receipts
and ex-
:
Receipt!,
Passage
FroigUt
Mail
< <
515,514 14
2,486,676 12
—
$8.W,939 38
"IbmI^M
Ihe report says
The princioal feature in the business of the
past season, and the cause of the largely decreased
traffic has
been a prolonged strike in the anthracite coal region,
which for
SIX months deprived the company of nearly its
entire coal tonnage
and very materially reduced its receipts trom other
traffic which
18 always dependent upon the coal trade.
"°'°°
The gross receipts of the Catawissa Branch, for the year, were
$634,099 49, against $705,143 89 lor the previous year; and the lops
of the line, after payment of the rent, has been $157,001 14, against
It must be remembered, however,
$148,199 37 for the year 1874.
that the profits of the business upon tho Main Line derived from
the traffic of the Catawissa Branch, are much greater than the losi
upon the leased line.
The express business has resulted in a profit of $61,591 50,
against $54,540 81 for the previous year a very satisfactory
increase.
All additions to the equipment added during the year,
and amounting to $7,330 50, have been charged to expenses the
equipment account not having been increased, and amounting
now to $55,574 68.
The lands of the Coal and Iron Company have produced, during
the year 1875, 3.033,191.06 tons of coal, as follows
:
00
00-4,007,780 63
..
1873.
;
2,269,330 63
Interest on
Interest or.
Notwithstanding the general depression of business, the traffic
Germantown and Norristown Branch has been very good,
the number of passengers carried during the year being 4,299,480,
against 4,357.860 for 1S74, 4,004,530 for 1873, and 3,713,316 for
of the
—
ible loan 1873 98
Amount
768 19
72*559 89
5.30
*
colliers
1874.
Rents and privllegoB
$251,365.34
569,295 34
19,80446
ll,»»r 60 —$871,968 84
)
THE CHRONICLE
110
[January 2P, 1876.
Atlantic Mississippi & Oliio.— The proposition made by this
to the EnfifliBh bondholders is that the two half coupons
and one full coupon on the consolidated bonds, tosether with the
v........;.
twelve coupons up to and Including October 1, 1881, shall be de44,192 28—1483,84162
livered to two trustfes, vfho shall hold them as security for the
carrying out of the agreement, and as protection against any un72
«391,U0
7-10
cent
NotoarnincB. 44
per
foreseen action on the part of other creditors. In place of thesn
Interest accruiii:; for six mouths on bonded debt
$219,030 00
coupons shall be issued twelve interest warrants at the rate of 3
1)8,223 IW -$317,283 96
Ueua: ecmi-animal dividend
per cent, due April 1st and October 1st of each year, and a 7 per
$73,530 76
Snrplns
cent income bond of an amount equal to the coupons already
overdue and the 4 per cent tn be surrendered for the coming six
NEWTS.
years. The amount of the divisional mortgages is now f.5.12:i,041 ;
of the consoUHated bonds, includini; unpaid coupons, f.),906,415
Alubaiiia Itondlioldcrs and tlic State Commissioners.— The and of the floating debt, $l,0oS,:341.
following i» the full text ol the reply of the Alabama Statn CoiuCentral of Iowa. At a special term of the Circuit Court of
migsioners to the communication of the bondhnlders of the 18th the U. S., at Des Moines, Jan. 14, the cause of the Farmers' Loan
of December:
& Trust Co. and this road was called for finsl disposition. A peState op Alabama, Officb Commissioneks, (
tition and motion presented by Sage and Cowdrey, asking to lie
MoNTOOMKiiT, Uec. 30, 1875.
made parties, and that the decree of last term be modified, was
TV. H. Hays and II. Blydenburgh, Enqs. (BondholiUrs' CommUUe). New York:
Genti-kmen— We have receivea your commnnication of the ISth inst,. aiid argued at considerable length, and both were overruled. Leav&
have carefully considered your 8U(r;;e8tioi.8 in regard to the fldjascmcnt ol the was granted to counsel for Sage and Cowdrey to appeal, by filing
clnf" of bonda embraced iu our proposition bearing date 2uth ult.
dollars, to
Wciippieciate the toncand spirit of yonr communication, and when yon within thirty days a bond in the sum of one million
Unless
and those whom yon represent discover the errors into which you have fullen cover damages and the interests accruing on the bond.
applicable
of
tliis
State
the
payment
of
into
in >our estimate of the resources
the apper.l is taken on the above conditions, the ro.id will be sold
terest on tl!0 bonded debt, you will, we are conlident, recede from the po.«ition
whlrh you hav(' taken, and wiihout hesitation accept the proposition which as provided by the decree of October 5, 1875.
—Judge Dillon has appointed J. B. Grinnell permanent receiver,
we in good faiib have submitted to the holders of the Ave, six and eiflit per
cent bonds, as not only just and honorable, but as the best the Slate is able to in place of I). N. Pickering, who has liad charge of the road for
mskc.
Judge Dillon states,
Your estimate of the resources of the State is approximately correct, say three years. The appointment was made, as
of the Court's own motion.
$1,054,346 but in Indicating, as you attempt to do, how ihe income is to be
the
impi-rative
obliijation
Ignore
of
the
yon
entirely
(leneral
disbursed,
AsCentral Yermont. The Supreme Court of Vermont has
sembly to make appropriations for the support of public schools, and you
decided the Central Vermont Railroad quo warranto case, disassume that the exi)en-ies of the State need not exceed $265,(00.
The appropriations to public schools cannot bo less than $244,280, unless the charging the Rule deed and dismissing the petiticn. The opinion
present low rate of interest on the trust fund should be reduced, which you as
was rendered by Judge Redfield. As to the question of right, he
the friends of cduca'ion would hardly advise. The Constitution maices it the
duty of the General Assembly to appropriate at least $100.i 00 for ihe support held that the 3,350 shares issued to Langdoj and Millis, on the
of public schools. It may be enlarged, but cannot be diminished. To this day of election, had been purchased by the corporation from the
must bo added about glCO.OOO for interest on the IHth section, valueless 16ih, original subscribers, and whether kept alive as stock or not they
and United States furplna fund; $24,000 to pay interest on the University
were an asset which the company bad the right to sell, and
fund, and $20,881) to pay interest on the Agricultural and Mechanicil College
fund. The three amounts last earned arise from donations made by the Fedwhen sold were good stock. The sale to Langdon being at most
eral Govornmci.t for the support of public schools, and, with the direct npprovoidable, and no steps having been taken to avoid it, the election
nriation of $100.(0) by the State for ihe same purpose, agBre"aie $244,28ii. Do
you advise a repudiation of Ihis demand upon the treasury of the State You of the Smith board was sustained.
quote in support of your assumotion that the expenses of the State may be
Detroit & Milwaukee. The trustees under the first mortgage
limited to $265.0.10. a mj-lh-an alleged report of the Anditor to the late conof the Detroit & Milwaukee Railroad Company have accompanied
stitutional conventiwn. No such report was made. We presume you were
led into this error by having seen a letter of Auditor Smith, just before the their answer to the suit iu the Wayne (Michigan) Circuit Court
November election, in which be stated that under the new constitution the for the foreclosure of the second mortgage with a cross bill, ask||
State would save about $265,(00 annually. This saving, as slated by the
The Detroit Free Press says:
Auditor, consists of sevcal items— inoft of them prospective in their opca- ing the foreclosure of the firpt.
The result of ihe proceedings, if carried to a conclusion, will
tions. Biennial sessions of the Legislature cannot commence before November, 1S77. The falaries of State ottlcers cannot be reduced until their terms of
be to procure a foreclosure and sale ot the road, and an adjustpflice expire.
The judges and chancellors, whose salaries amount to $63,000
ment of the respective rights of the bondholders under both
annually, were elected in November, 1874, for s'x years, and all other oflicers
will receive the salaries now fixed by law until November nest.
So you will mortgages as to the payment of the bonds. But the parties to
observe that prosi ective retrenchment avails nothing for present State pur- the suit are so numeious, and as there are various other mortposes.
gages besides those now in litigation, it does not seem likely that
Moreover, if you had carefully examined the reports of the Auditor and
Treasurer for the fiscal year ending .%Olh September, 1874, or any previous re- a very speedy sale of the road will be obtained unless some conports of those oflicers, we do not think you would have ventured to make the cert of action should take place between the holders of the differstatement (so greatly »t variance with the facts) that the expenses of the state ent securities. There are several schemes on foot lookieg to such
ncedn t exceed $265,000. The items of expenditures are given in each report,
ana, wiihout staling the amount expended each year, we respectfully refer a result, and it is said that an agent ot the English bondholders is
you to the reports, and invite a caieful examination and scrutiny of their con- shortly expected in this country.
Mkepenee*.
Maintenance ot wiiT
Molive Power
Mslntenknco of cars
ConductlDs tranaportatiOD
MiBCcUaoeous
[...
$134,819 OS
13«,519 87
48,694 31
12 1, JIB 35
.'.
company
OENERAI. INVESTMENT
;
—
j
•
;
—
':
—
tents.
The expenses
of the State Government for the pant fiscal year, under all the
wliich could be enforced, amount to $.'i37.00J, exclusive of the interest paid ou State obligauons ($.i4,203 23 IOC) and of the amount paid from the
Treasury on account of public scnools.
The larger part of the amount appropiiated to public schools is paid
directly to the school authorities in the various counties, without passing
through the State 'treasury ; but in atidition to such payments the sum of
$11".OOJ was paid from the Treasury during the past fiscal year.
When yiui add the various amounts which necessarily take precedence over
the payment of interest on the bonded debt, you will find that theyaggrer'ate
°
about $835,483, to wit:
State expenses
$Mr,00fl
Approuri.iiions to public schools
244,280
lutereet on State obligations
£4]2f>3
conomy
$'^35,4«3
—leaving only $21S,863 to be applied to the payment of interest on the bonded
dciit, or to be used for at least one year in the payment of State obligations.
This small balance is based up n your estimate of the annual re\'enue, say
$1.05t,:34S, and upon the ascertained disbursements of t'le past fiscal year,
which cannot be diminls'hed. but may unavoidably be increased.
It is doubtful wt.ether the rcceiptsduring the present fiscal ye;ir will equal
your estimate. The income from taxes on railroad property will be greatlv
diminished, as that species of property has depre^'iated in value.
In regard to expenditures, it is proper for us to say that the item of feeding
prisoners will probably be increased, unless new legislation or improved morals
Bhoiild diminish the number of criminals fed at the expense of the State.
In
no event, therefore, do we see any prospect of reducing the expenses of the
Slate duri' g the present fiscal year below the amount expended for the year
ending .HOIh September last.
Our plan is to devote whatever surplus there may be for next year to the
reduction of the imount of State obligations niiW in circulation. Hence the
provision in our proposition that the first i ayment of interest on the new
bonds ho diferr.d until ist January, 1877; and as we cannot hope to retire
more than $200,000 annunlly for five years, we propose the low rate of interest
on th.^ boi ds for that peri d, knowing that the State cannot do more.
It must not be inierreO that, because we omit in our proposition a varicly
of claims against the Slate, none of them will be recognized and provided
for.
1 he claims vary in
huracter, and no general proposition could properly
embrace all of them. Some of the claims to which we refer have been recognized by the Slate as valid, and oi'crsare now being invesiigated. In 08(^1
case such recommoudation will be made by commissioners as may seem to
be
i
just
and proper.
Our report will be submitted to the General Assembly in a few days, and
will be published soon Ihereafier. We«ill forward a copy to you, and we
hope it will convince you that the comrai-sioners have acted ingenuously and
lairly towards the crejitois of the State.
tVe regret that Alab ma is not able to pay in full every dollar of her
just
indebtedness. '1 he (auses of her poverty are known (o you, and if you and
other boiiiihild. IS would visit the State and see the w.iste, deselation ard
loss entai'ed upon our peo|ile— our uncultivated fields and depressed business
—and ascertain, as yim wou'd, to what extent lands are sold for taxes and rem..in unred emeil, you would, we conlldenily betieve, return thanks for your
good fortune in sustaining no greater loss than will be incidenul to an acceptance of our scbeuj!: ot adjustment. Very resneetl'-.illy
GEO.
S.
HOUSTON,
LEVI W. LAWLERVCommiseioners.
T. B. BETHEA,
j
District of Columbia.— The House of Representatives passed
a resolution on the 24th, directing Commissioners to pay the February interest on 3.65 bonds out of the funds already iu their possession, and added a proviso to the resolution that the issue of the
bonds beat once suspended, and that nothing in the resolution
should be so construed as to recognize the validity or legality of
any of these bonds already outstanding which have not been
issued in accordance with law.
(ireenviile & Columbia.— At the annual meeting in April
last, the stockholders voted to authorize a mortgage of f :l,000,000
on the road, of which $2,500,000 were to be used in settling the
outstanding debts, and the re.aaining $500,000 to be held in trust
to be used in paying for future extensions and additions to tho
property. The mortgage has been made to the Farmers' Loan &
Trust Company of New York, as trustee, and the company is now
offering for sale the $2,500,000 of 20 year 7 per cent, bonds to be
issued under it. They are offered at 75. It is slated that the
net earnings of the road for the past year were about $245,000,
more than enough to pay the interest.
I
—
& Western. The three commitreprestnting respectively the Danville Urbana Bloomington
& Pekin first mortgage bondholders, the Indianapolis Bloomington & Western first mortgage, and the second Jiortgage bondholders, have agreed upon a plan of reorganization, an outline of
which is as follows
The foreclo,sure to be completed, the road bought in and a
new company to be organized, which shall issue the following
Indianapolis Bloomington
tees,
:
securities
First mortgage bonds ($17,327 per mile)
Second mortgage bonds ($7,428 per mile)
Stock /«,« 48r,
„„r „;)„•, >
^''''""^
;
I
Scrip
)'<*'''
"""'I
Total ($41,238 per mile)
$3,500,000
1,500,000
2,?00,0fl0
880,000
$8,330 OCO
first and second mortgage bonds to bear interest from Oct.
187G, at 4 per cent, for two years, 5 per cent, for two years
more, and thereafter at 7 per cent., and to have 30 years to run,
with a sinking fund of 1 per cent. The stock to have a dividend not exceeding 8 per cent., after interest on the bonds is paid,
and any surplus after paying such dividend to go to a dividend
on the scrip. The scrip to be convertible into stock after it shall
have received one dividend of 7 per cent. These securities are
$2,000,000 first mortgage bonds in exto be divided as follows
change for the principal of the present Danville Urbana Bloomington & Pekin bonds, and $1,500,000 for 50 per cent, of the
Indianapolis Bloomington & Western firsts, $1,500,000 second
Both
1,
:
THE
January 29, 1876.]
CHI10NI01.E.
for the remaininfc 50 per cent, of the Utter. Of
Stock, $000,000 to be ispued for the accrued interedt and for
difl'orence in interest for four years tocome on the Danville bonis;
$900,000 for accrued intereKt and difference in interest on the Indianapolis Blooniington & Western firsts, and $1,000,000 for 69 2-3
mortgage bondg
tliH
pnr cent, of tlio principal of the second mortgage bonds. The
whole $830 000 in scrip to be issued in exchange for ^3 13 per
cent, of the principal of the second mortgage bonds and for the
accrued interest on those bonds. That is, each holder of a $1,000
Danville tirbrtna Blooniington & Pekiu bond will receive a $1,000
each
first mortgage bond and $300 in stock of the new company
;
mortgage bond
will be exchanged for a SSOO first mortgage, a $500 second mortgage bond and $300 in stock each $1,000 second mortgage bond
for $6fl(i t)7 in stock and $.').'53 33 in scrip.
$1,000 Indianapolis Bloomington
& Western
first
;
Liiko Superior & Mississippi.— Fisher A. Baker, of No. 110
Broadway, ono of the committee appointed to prepare a plan of
salt', purchase and reorganization of the Lake Superior & Mississippi liailroad, announces that the committee have agreed upon
a plan, wliicli embraces the following points with others:
The trustees to foreclose and tUe committee of the bondholders
to become the purchasers in trust for the parties uniting in the
Preferred
purchase, and a new corporation to be organized.
stock then to be issued to the first mortgage bondholders for the
amount of their bonds and accrued interest to January 1, 1870,
and to he received at par lor lands as the first mortgage lionds
now are. The common stock to be issued to the holders of the
income lionds, notes, certificates of indebtedness, book accounts
and floating debt, for the amount of their respective claims and
accrued interest, to January 1, 1870. and to the holders of the
present common stock, at the rate of one share of new stock for
twenty e^ old. Each share of preferred stock and every three
shares of common stock to i)e entitled to one vote at all meetings
of the company.
No mortgage to bo placed on the property
without the written consent of tlie holders oi not less than twothirds of the preferredstock, then outstanding, and one half of the
common
stock.
&
—The
Amsterdam committee of
bondholders announced, Dec. 31, that the Union Pacific Southern
Branch Coupons would not be paid Jan. 1, when due, there being
great dissensions between the company and the committee concerning details in the conditions of the arrangement which was
adopted July 20. The committee savs that the request of the
Missouri Kansits
Texas.
pending the litigation, the Keceiver should pay the
sum agreed upon under the araangement, has not been attended
to.
The committee hoped after the request had been brought before the Court, as was to be done Jan. 12, harmony would be
trustees, that,
established again.
—
New Orleans St. Louis & Cliicago. A meeting of the stockholders was held recently at No. 20 Nassau street, to act upon a
proposition to issue preferred stock, to be used in settling the
floating indebtedness of the company and retiring the 7 per cent,
income and equipment mortgage bonds of the Miss. Central RR.,
and upon a proposition to issue $3,000,000 bonds of the N. 0. St.
Louis & Chicago RR., to improve and better equip the company's
road.
The Board of Directors was authorized to issue preferred
stock, nnd the bonds as above stated.
—
Ohio aurt Mississippi. The President, in a letter, gives an
estimate of the traffic of the first half of this January, compared
with the same period last year
:
Mainline
8I«,2t!
in 1876
Jlainlinciu 1875
61
183,.399 58
Increase in 1876
$19,P4t 96
14,847 45
Springfleld division in 1876
Totalincrcase in 1876
$34,692 41
The movement
of loaded cars is positive, and is appended aiso :
Total car-lo.ads moveii on main line. Ist to lOtli Jannar)', 1876
15,<63
Total car-loada moved on main line, 1st to 19tli January, 1875
10,445
Increase, 48 per cent
5,018
The
increase is mainly in grain
Mississippi and from the South.
and cotton from west of the
:
;
;
;
during the month of April, 1875. and that there »uK« are
gtiU pending.
In further response to the Senate resolutioD, Secretary Bristow states the action taken by the deptrtment under
tricts
the law of March 3, 1873, relatingto payment for government transportation, and the present condition of the matter therein referred
to, since May 27, 1873.
All moaeya due the feveral Pacifle Railroad Companies for transportation have been placed lo their credit
on account of interest due by thera to the United States. The
suits brought by the Central Pacific and Kansas PaclBc Companies to recover tlie amount due them, and llius retained by th«
Treasury Department, are still pending in the Court of Claims.
A copy of the judgment obtained by tlio Union PaciGc Company,
in its similar suit against the United States, has been duly presented to him, but the judgment has not been paid. He incloses
a copy of a stipulation signed by the jilainlitTH in thi( case, in
which it is provided that no judgment which may be rendered
against the United States shall be collected until after final judgment in the suit brought by the United States against said company under the act of June 23, 1874.
[It [should be well understood that the main point at issue be.
tween the companies and the government is morel/ in regard to
the time when the roads were technically completed according to
the intent of the law. They are ready to pay on net earnings
from
1874.
|
—
Rnllronds in Illinois. The report of the State ('ominissioners
for the year ending June 30, 1875, compiled chiefly by Hon. F. T.
Dubois, secretarj" of the Board, has lately been printed.
Tliere have been 331 miles of main lints and branches opeccd
for business during the year, exclusive of such lines as are still
under construction. This additional main line over la.st year is
owned by the following companies
:
mirg.
Cairo and St. Lonis
OliicaKO, Danville and Vincennos
s«.S
i\
Chicago and Pacillc
Clilca^o and Padncjih
Illinois Midland
Paris and Danville
.V|
^
18
38
Baltimore, PittBhurgh and Ohlca^'o
Springfleld and,North western
is
47
Returns were received from fifty corporations, all of which
have the common g^uge, except the Cairo & Si. Louis, which has
a narrow gauge of three feet.
EARNINGS or THE ENTIIIB LINES (INCLUDINO MILEAGE OUTSIDE OF ILLINOIS).
The freight receipts during the year amounted to
$71,575,.5'.3
Against, for the previous year
An
(,8,(KB,905
increase of
The passenger
$3,518,677
receipts during the year
amounted
to
$26,9!)},49.3
«8, 078,894
Against, for the previous year
Anlncreaseof
The
total earnings of the year
Against, for the previous year
An
,.
amount
..
.
to
96,816,868
increase of
The
$8,913,598
$105,945,788
8;),I38,950
Chicago, Burlington and Quincy alone reports an increase,
and $2,210,096 28 in freight
in passenger receipts of $1,104,909 73,
receipts.
The average sum earned on each mile
of road operated, as returned
to the board was for this year
Against, for the year preceding
$7,010 S3
A decrease of (per mile)
The earnings vary from
$530 77
to 1701.30
7,541
00
$20,046.39 on the Michigan Central,
on the Louisville, N'iw Albany and St. Louis railroad
— per mile.
The cost of operating has amounted to $4,349.24 on each mile
of road, against $4,804.75 for last year, showing a decrease of
$455.51 in the cost of operating eacli mile ot road.
The following railroads, owning 38 percent ol the total mileage
ot the State, have within the last three years made delault in paymention only such
ment of the interest on their bonded debt.
cases of default as have been followed by proceedings in the
In most of these cases receivers have been appointed on
courts.
application, and in a few instances the holders of the mortgage
bonds have foreclosed, the roads have been sold, and are now
reorganized or in process of reorganization
We
:
—
Pacillc Railroad!^. In response to a resolution of the Senate,
the Secretary of the Treasury has communicated to that body a
statement of his action under the law of June 23, 1874, providing
for the collection of moneys due the United States from the Pacific Railroad Companies tor the five per centum of their net earnings, required by the act of June 1, 1862, to be paid into the
United States Treasury to constitute a sinking fund. It appears
from this statement that demands were made by the Secretary of
the Treasury upon the Treasurers of the respective railroad companies as follows Nov. 12. 1874, Union Pacific Company, $1 040,(1.16 29;
Nov. 14, 1874, Kansas Pacific Company, $308,830 13;
Nov. H, 1874, Central Branch Union Pacific, $47,197 39 Oct. 31,
1874, Sioux City and Pacific, $21,104 42; Nov. 24, 1874, Central
Pacific Company, $1,836,635 10. The amounts of these demands
were based upon the net earnings reported by the companies from
the date of the completion of their roads, these dates being
stated by the Secretary of the Treasury as Nov. 6, 1869
Nov. 8,
1869
Jan. 20, 1868
March 3, 1869, and July 16, 1869, respectively.
All of said companies having refused to pay the sums thus
demanded, within sixty days from such demands. Secretary Bris
tow certified the fact to the Attorney General, and his duty under
the act in question, thereupon ended. From reports made by tl e
United States Attorneys of California, Kansas, Minnesota and
Iowa, to the Solicitor of the Treasury, it appears, however, that
anlta were brought against all the companies in the proper dig;
Ill
Miles in
& Vincennes
Chicago Danville & Vincennes
Chicago & Illinois .Southern
Oilman C.inion i Springfleld
Indiana & Illinois Central
Indianapolis Bloomington & Western
Iron Mountain Chester & Eastern
Louisville Niw Albany & St. Louis.
&
Danville
Illinois
Midland
Paris
Peoria
&
Roclt Island
116
3J
HI
.jj^
75
265
4J
17
72
l'«
"Jl
Rockford Hnck Island & St. Louis
& Northwestern
St. Louis & Southi-astern
Springfleld
Springfleld & Illinois Southeastern
Warsaw
Toledo Peoria
&
Illinois.
IW
Cairo
270
47
IfO
228
2.17
,
Toledo Wabash & Western
Hannibal & Naples
Lafayette Bloomington &Ml8sl8Blppl
Pekiu Lincoln <fc Decatur
3^6
?*
™
*'
With the exception of the Toledo, Wabash & Western aed the
Toledo, Peoria & Warsaw, the roads here enumerated were built
within the last eight years.
of the bondholders of
Railroad, at PIrlndelphi", January 2oth,
private
it was unaniraouslv resolved that unless disposed of by
sale on or before March 1, 1876, the road should be sold at auc-
Siinbury
&
the Lewiston
tion
March
Lewlston.— At a meeting
& Sunbury
9, 1876.
:
.
THE CHRONICLE.
112
[January 29, 1876.
OOTTON.
€ommttc\al crimes.
^l)t
M„
Friday, P.
COMMERCIAL EPITOME.
Friday Nioht,
There
earljr
Jan. 28, 1876.
Thk Movbmknt of the
Jan. 28, 1876.
a very good general trade in progress, cinsidering the
stage of the season, but bueiness is now done at such small
is
The
profits that complaints o( dull times are still very general.
stagnation which has overtaken the speculative spirit prevailing
in former years in leading staples of domestic products proves a
great drawback to the revival of regular trade, for dealers, not
Chop, as indicated by our telegrams
from the South to-night, is given below. For the week endini;
this evening (January 38) the total receipts have reached 1.52,359
bales, against 142,071 bales last week, 161,515 bales the previous
week, and 138,174 bales three weeks since, making the total
receipts since the 1st of September, 1875, 3,934,805 bales, against
2,527,630 bales for the same period of 1874-5, showing an increase
since Sept.
for this
1,
week
The
1875, of 407,185 bales.
(as per telegraph)
and
details of the receipts
for the corresponding
weeks
marked change in prices, permit their stocks to
of five previous years are as follows:
remain as low as possible. Numerous failures keep credits unDespite Ueceipts tliis week at— 1876.
settled, and many are unwilling to sell except for cash.
1813.
18f4.
1873.
1872.
1871.
these drawbacks, commercial affairs wear a more cheerful aspect.
03:
40,384
38,48-4
67,655
57,936
53,019
Provisions have been without important changes, or much New Orleans..
Mobile
10,598
,883
14,041
12,314
9,86;
18,109
activity, except in lard, the speculation in which has been quite
Cliarleston
12,955
,337
19,570
10,205
9,638
13,417
brisk at a lower range of prices, the effect of a reduced expert
Port Royal, &c.
228
,129
demand and a larger production, owing tothe swine which have Savannah
17,679
19,49'
16,522
,248
17,727
29,353
12,266
18,833
,577
latterly been slaughtered showing a great increase ia their Galvepton
13,033
7,632
10,961
ludianola, &c..
4!3
521
574
weight, and therefore yielding a large proportion of lard. Pork
Tennessee, &c.
4,615
7,488
7,078
5,342
15,,523
11,737
has sold at some decline, but closes quite firm new mess, $20 73 Florida
326
308
611
666
544
1,276
@30 90 on the spot and for the next two months, and f21 for Nortli Carolina..
4,a!-4
1,385
1,325
2,036
897
2,231
11,721
April.
Bacon has been active at fuil prices, and cutmeats are Norfolk
13,884
,107
20,628
9,3.37
i 11,429
329
863
450
603
961
rather firmer. Beef remains quiet. Butter is slightly firmer for City Point, Ac.
the finer grades. Cheese is Jc. higher, and factories range from
Total this week.
113,7001 171,226
152,339,1
111,6161 120,813
150,800
9J@13ic. Tallow has been active at yj@9fc. for good to prime.
Ttie demand for Rio coffee has fallen off, but quotations remain
Total since Sept. 1.... 2,934,80512,327,620 2,324,664 2.253,33711.834,043 2,198.213
at 18@'9ic., gold, for fair to prime cargoes.
The stock has been
The exports for the week ending this evening reach a total of
increased by arrivals of 30,000 bags, to 205,300 bags, and the
84,037 bales, of which 48,898 were to Great Britain, 10,507 to
visible supply for the United States is 401,000 bags.
Mild grades France, and
24,632 to rest of the Continent, while the stocks as
have also been quiet, and stocks are 100,536 mats Java and 46,300 made
up this evening are now 908,363 bales. Below are the
bags and 2,500 mats of other growths. Riot has been dull, and
stocks and exports for the week, and also for the corresponding
teas very quiet.
Fruits steady, but quiet. Molasses moderately
week of last season:
active at former prices.
Raw sugars arc 1.16@io. lower, owing
Stock.
Exported to
to the dulness of trade and the doubt in which the future of the
Same
Total
Week ending
this
week
market is involved; good refining quoted 8Jc., but stauJard
Qreat
ContiJan. 28.
1875.
1876.
France
week.
1873.
Britain.
nent.
crushed lOJc. The movement in raws has been
anticipating any
;
RoceiptB past week
Sales past week
Stock Jan. 87, 1876
Stock Jan. 28, 1875
There has been a
Hhds.
Boxes.
Bags.
5,114
4,006
16,513
26,421
1,563
4,903
10,497
35,635
8,291
9,656
73,675
83,611
demand
New Orleans
Mobile
Melado.
—
300
1,313
for
;
export and 100 for consumption.
Seed leaf has been fairly active
and unchanged the sales embrace Crop of 1873, 158 cases
Ohio at 7 3 16c., 130 cases New England at 17c., and 100 cases
New York on private terms and crop of 1874, 400 cases New
England at 7@50c., 200 cases New York at 7f@8c., and 300 cases
Wisconsin on private terms. Spanish tobacco has been less ac;
Charleston
9,387
7,569
:
Galveston*
3,401
New York
14,948
Norfolk.
89,403
1,524
1,324
3,897
9f,382
70,013
673
9,364
10,378
38,317
72,659
6,750
6,750
17,756
93,005
96,477
3,637
7,088
10,199
74,832
72,449
960
15,908
9,869 148,133
164.119
1,120
....
3,809
..:
Other portst
10,181
Total this week..
48,898
46,478 368,'0? «94,897
11,026
Savannah
•33
Kentucky tobacco, and quotations are steady at 7@9c. for lugs and 10@18c. for leaf
the
sales for the week embraced 550 hhds., of which 450 were for
fair
8,990
•
•>
24,628
10,507
28,837
16,500
10,181
45,000
61,fi00
84,027
105,591 908,26;J 848,644
7,214
3,809
•
Total since Sept.l 1,070,784 233,067 :334.066 1,659,917 1.36S,867
• On shipboard at Galveston to-night, not cleared :
For Liverpool, 21,318 bales ;
for other foreign, 10,449 bales; for coastwise porta, 600 bales.
Of the Galveston
exports to-night, 2.30 are to Mexico.
;
this week under the head of "other ports" include from Baltimore
Liverpool from Boston 5,-154 bales to Liverpool from Philadelphia
Liverpool Irom Wilmington 8,829 bales to Livevpuol.
tThe exports
257 bales to
641 bales to
;
;
;
New
but steady sales 600 bales Havana at 88c.@|l 05.
Hides have been in moderate demand and steady dry Montevideo sold at 20^@21c. gold, and city slaughter ox at 9c. currency,
liinseed oil has been in fair jobbing demand at 61@63c. Other
oils quiet and unchanged.
Cloverseed has been active and higher,
with sales of 4,000 bags at 14@lnc. per lb. for Western and State.
Whiskey has been dull at $1 10i@l 11, tax paid. Hops have met
with a brisk demand for export, and are firmer at 14@18c. for
Orleans to-night shows that
of cotton on shipboard, and
engaged for shipment at that port, is as follows For Liverpool,
83,000 bales; for Havre, 33,000 bales; for Continent, 53,000 bales; fo r
coastwise ports, 4,000 bales; total, 166,000 bales; which, if deducted
fair to choice State, crop of 1875.
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 21,564 bales, while the stocks to-nigh '
are 59,619 bales more than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Jan. 21, the latest mail dates:
tive,
;
;
The business
during the past week has been
unusually moderate, and berth room has shown some decline in
consequence charter room, however, is steady under moderate
offerings.
Late engagements and charters included
Grain to
Liverixjol, by stMm, 8d
cotton ^d
provisions 30s@32s 6d.
Grain to London, by steam, 9id provisions 45s, and hops |d
grain, by sail, 8Jd
do to Bristol, by steam, 9id. Tlie nominal
rate for grain to Cork for orders was 6a 6d@6s 9d residuum to
Liverpool 58 case oil to Java 33i@35c. Today there was a continued dulness, and some further weakness was noticeable in
berth room. Grain to Liverpool, by steam, 7fd do to London,
in ocean freights
;
:
;
[H^" Our telegram from
besides the above exports the
:
from
the
would
landing
leave 203,500
and
RECEIPTS
POKTS.
;
;
Flour to Bristol, by steam, 33 4 Jd.
No
grain of
petroleum charters.
in naval stores for the past
week has been very
1
TO—
Total.
Coast
wise
Ports
-
Stock.
N. Orleans.
Mobile
821,773
668,842
551,342
93,343
324,100
237,543
236,783
72,144
6,024
17,753
95,921
83,206
79,355
Charlest'n*
331,574
388,612
90,975
40,t63
46,073
177,211
84,833
60,460
Savannah
..
419,841
449,432
114,029
26,033
98,561
238,623
100,285
89,012
Galveston*.
364,121
251,030
KO,978
3,227
11,245
125,450
155,494
New York..
104,763
69,810
207,408
1,760
38,684
247,852
2,.301
18,104
39,962
6,049
64,352
273,386
32,666
1021,886 224,560 329,444 1575,890
860,419
858,395
2,411,92ol 950.363' 143,058 165,475 1263,896
805,702
860.1.55
Britain
9,706
65,908
13,803
and $1 60@1 65 for common to good strained rosin. The
petroleum market has continued to advance and show much firmness, with a moderate business. Crude, in bulk, closes at 8i@8fc.,
and refined, in bbls. at 14§@14Jc., for early deliveries. Ingot
copper has been slightly more active at somewhat reduced figures.
Sales 300,000 lbs. Lake at 33@23ic., cash.
Norfolk* ..
Other ports
358,775
282,791
62,335
51,011
38,936
Tot. this yr. 2,782,446
Tot. last yr.
•
ffaloesloii Is
dsc.
47,463
1,817
9,370
33,500
58,833
under the head of
C'A<W'te»(OH is iacluded Port Koyal
included Iiidlaaola,&c.; under the head of ^or/oik IS included City
Under the head of
Point
81,340
149,613
9,388
9,38S
Blorida
forei'n
300,551 145,534 105,457
73,657
weak
France
Other
1874.
N. Carolina
,
awaiting
1875.
at 37c. for spirits turpen-
tine
bales representing the
presses unsold or
EXPORTED SINCE SEPT.
Great
;
small, and quotations are rather
in
orders.]
;
;
The business
stock,
quantity at the
;
;
by steam, 9 Jd.
amount
:
.
.
:
.
.
THE OHRONICLR
January 29, 1876.]
118
total of
The Visible Sitpflt of Cotton, bb made up by cable and
them it is alwaja telegraph, is as follows. The continental stocks are the flgurei
of lost Saturday, but the totals for Great Britain and the afloat
nacessary to incorporate every correction made at the ports.
The marliet has, except for tlio last two days, shown a harden- for the Continent are this week's returns, and consequently
ing tendency for cotton on the spot, and on Wednesday quota- broughtdown to Thursday evening; hence, to make the totals the
These mail returns do not correspond preciHoly with the
telegraphic figures, because in preparing
til*
at a uniform advance of ic, to ISJc. for midThis improvement was the effect of various
causes, eacli comparatively slight in itself; the Liverpool market
was reported steady and more active, and there was an advance
in rates of exchange
the demand for home consumption
also slightly improved
but the main influence was a
were placed
tions
dling uplands.
;
complete figures for to-night (Jan. 28),
from the United States, Including in
only
1876.
Stockat Liverpool
Stock at London
we add the item ot
it
exports
the exports of Friday
70.3.000
1876.
769,000
638.000
1878.
454,000
71,M0
149,000
195,500
210,000
774,400
898,000
838,600
««4ioao
216,000
lil.OOO
86.000
111,000
4,900
10.000
R.250
13,006
58,000
50,000
23,750
40,000
1874.
;
further falling
off
in receipts
at the ports.
Yesterday
and to-day, with heavier receipts and Liverpool quiet, the
market was weak and irregular, but not quotably lower.
For future delivery, the market opened the week with a slig^ht
decline on Saturday, but in the course of Monday, Tuesday and
Wednesday, there was an upward tendency, and some improvement in prices, which was most decided in the Winter and Spring
moQths. The intluences which are noted above, as contributing
to the advance in spot cottons, were felt in futures
but the
speculation was pointless, and yesterday, under the large receipts
;
at
New Orleans
for the day), nearly the
(over 30,000 bales
whole
advance was lost, and the close was flat and spiritless.
To day, the market for futures opened weak, but recovered tone,
and, though the demand was not active, prices ruled about steady.
The total sales for forward delivery for the week are 139,100
bales, including
free on board.
For immediate delivery the
ot the
total sales foot
up
week
this
8,047 bales, including 4,853 for ex-
3,031 for consumption, 1,173 for speculation,
port,
transit.
Of the above, 200 bales were
are the closing quotations
In
The following
to arrive.
:
New Claasl&cation.
Ordinary
Strict Ordluary
Good Ordinary
Strict Good Ordinary
and
pern.
New
Alabama.
Upland*.
<>%»...
9«
ia><«....
10X(S....
ll)i®-...
lOK
UX®....
Kxa....
iixa....
Vi
fi%
UMS...
m®....
ISit®....
ilH®....
LowMlddllnK
Strict Low Middling
Middling
Bood Middling
Strict Good ^llddUng
Middling Fair
Fair
»%
a.
».
UH
n
a.
a.
®.
13H
®...
a...
®...
a...
a...
los
®
IX
isxa....
13 S-16®.
isxa...
13ll»....
14
a....
UH»....
HH®....
13K
i*%
I4H
Wi»....
liH®....
14>i
12X
ma...
Qood Ordinary
Texai
Orleani.
9X«....
18)«
(Si...
13 5-16®. .
ISJi
®...
(*
a.
a.
a.
a...
a...
a...
14X
\*H
15X
nu
»K Low Middling
I
Strict (jlood Ordinary
,
11
,
I
Middling
..
13)J
Below we arive the sales of spot and transit cotton and price of
Uplands at this market each day of the past week
:
BALKB.
Con- Spec- Tran-
New
sump. ala'n
Classlflcatlon. Bxp't.
Saturday
Monday
I
476
1,000
iW
591
38
rueaday
98U
330
66U
WodncBdaj....
rborsday
Krlday
Ta
162
194
95.i
216
Total
Total.
sit.
168
PBIUillt.
,
Good
l.ow
MidOrd'ry Ord'ry. Uldl'g. dling.
1.641
....
12«
8Si
1,970
1.078
966
•ill
23
90
1,224
1,269
4,8r3
2,1BI
i,i;3
8,017
13
13
13
18><
I
1%
tor forward delivery the sales (including
have reached daring the week 139,100 bales
UH
UH
isx
on board),
(all middling or on
the basis of middling), aad the following is a statement of the
sales and prices
For January.
bales
bales.
cts.
13 1-16
13 1-16
13 A-Uti
200 s.n
200
700
400
aw
13 5-S.
13 3-19
200
700
300
18 7-32
13K
13 9-32
totalJan.
4,400
5,iSS
6,!00
13
The
13
Th"
;3«
1,700
4,700
2.300
S,:00
13 18-32
13 7-16
13 15-32
u
13 8-32
Kebmary
13 3-:8
13 I3-,3.!
August
sales spot
!)alea future...
old
2 XOhange....
14 5-32
March.
15,660 total .Ittue.
13%
3.100.
13 29-3;
13 15-16
31-32
1,700
2,400
21 .2C0
U
total
100
13 9-16
IS 19-32
3,200
4,700
100
2,800
13
13«
2132
14K
14 7-32
1,300
2,000
4,600 total
July.
IIX
100
13 15-16
13 31-32
14
14 1-32
14 1-16
200
300
14 »-Si
14 516
100
14 11-32
200
14X
aio..
1,100
Feb
14 i3-3a
IS 21-:IJ
18 «-,3J
14 l-:6
147 82
5-16
H
l.isi
lo.sx)
118
4.83
13X
13 11-32
13 9-16
13 2S-32
13 11-32
13 81-31
13 31-32
I4«
I4«
14S<
l,6<2
15.200
86>
14,400
113
4.88
1.83
13 9-18
13 25-32
U^
II3K
13
13 5-32
13 S-IS
13 7-16
13 21-33
VH
14 1-18
14 7-32
14 9-82
l,97U
21.600
llS
4.83
13)<
'.3 9-32
13 5-16
l.HS
13 23-32
13 31 32
14 5-32
14H
50,000
69,000
66,000
12.600
16.000
Sl.BOO
18,000
17,500
4.750
10,750
31,000
14,000
23,000
88,000
318,500
280,750
482,000
Total European stocks
1,187,000
India cotton afloat for Europe
121,000
American cotton afloat for Europe 564,000
1,216,500
1,114,250
1.146,000
159,000
198,000
189,000
396,000
588,000
497,000
62,000
41,000
88,000
110,000
908,463
848,644
815,279
661,875
134,484
152,976
147,991
91,471
12,000
32,000
17,000
16,000
..bales.2,9a8,745
2,316,120
2,960,530
2,511,354
Egypt, Brazil, &c.,afloat for E'rope
Stock in United States ports
Stock in U. 8. Interior ports
United States exports to-day
ToUl visible supply..
or the above, the
American and other descriptions are as follows
totals ot
_
American—
Liverpool stock
Continental stocks
356,000
409,000
213,000
564,000
230,000
109,000
124,000
93,000
131,000
396.000
688,000
457,000
908,263
848,644
815,279
551,875
134,48'2
152,976
147,991
91,479
12,000
32,000
17,000
16,000
bales.2,18T,745
Total American
East Indian, BratU, dbc.—
Liverpool stock
347,000
71,500
London stock
199,500
Continental stocks
1,961,620
1,891,270
1,356,354
361,000
American afloat to Europe
United States stock
...
United States Interior stocks
United States expoits to-day
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India,
Totol American
&c
408.000
345,000
129,000
195,500
194,500
1S7,T50
210,000
^li^noO
121,000
159,000
198,000
1.39,000
63,000
41,000
80,000
110,000
801,000
884,500
1,069,250
1,155,000
2.187.745
1,961,630
1,891,270
1,356,354
3,846,120
2.960,520
2,511,354
7)<d.
7>f@7Ji;d.
10J<d.
Totalvlslblesnpply... .bales. 2,988,745
Price Middling Uplands, Llverp'l.
6>i;d.
These figures indicate an increase in the cotton in sight to-night
of 143,635 bales as compared with the same date of 1875, an
increase of 38,335 bales as compared with the corresponding
date of 1874, and an increase of 477,391 bales as compared
with 1873.
At the Interior Ports the movement
and shipments for the week and stock
corresponding week of 1875
—
is set
—that
is
the receipts
and for the
out in detail in the following
to-night,
statement:
Week
ending Jan.
38, 1876.
Receipts. Shipments. Stock.
Sa
Columbus, Ga
Macon, Ga
Augusta,
Nashville,
Tenn
29, 1875.
ShlpmenU
Stock.
10,5;)5
1,747
28,156
2;,683
134,433
22,335
16,600
163,976
4,209
6,(64
3,067
6,152
904
1,189
7,003
3,989
3,260
3.371
4 832
1901
1
6.299
3,106
2,307
4,32.1
778
3,723
746
527
2.110
1.U34
3,310
3,814
967
.
Memphis, Teno
ending Jan.
Receipts.
2,104
15,324
2,095
1,051
Montgomery, Ala
Week
20,127
11.809
7,707
10,475
9,117
67,394
7,858
4,977
1,633
Total, old ports.
Shreveport, La
Vicksb^g, Miss
Columbus, Miss..
Gufania, Ala
Atlanta, Ga
Charlotte,
St. Louis,
ISK
13X
13
13
13
13
13
13>«
13 5-16
13 11-32
S-32
11-3.'
!l-16
25-32
13^
al-J'i
13 15-16
11 3-32
14 7-32
14 8-16
1.221
27,300
951
1.079
N.C
Mo
l,.332
7,266
6,475
Cincinnati,©
new
710
..
ports
4,743
1,107
1,708
1,104
1,739
5,412
3,812
1,495
25,331
992
665
1,.310
11 !<69
51b
6,734
1,751
9,632
2,572
3,034
6.a39
1,094
68,823
19,297
1,231
13,361
7 557
1,088
7,601
•;8,5(i0
6,4150
10,433
83.S
494
U79
618
3.iri8
1,»14
3,343
3.563
2,2.36
8,807
1,452
31.524
15.93»
38,086
27,944
all
6l,0;i7
17,395
17,647
65,630
56,342
50,627
195.519
39,6;!fl
34.147
218.606
show that the old interior stocks have
week 5,473 bales, and are to-night 18,404
bales less than at tho same period last year. The receipts have
been 5,921 bales more than the same week last year.
The above
totals
increased during the
Frl.
13«
14 5-16
1.0.8
29J10a
36,250
11,750
Total,
:
13
80,000
37,000
:
show
13 1-16
17,000
24,500
413,500
Total continental ports
Total,
May.
Feb, for June.
13 5-32
Amsterdam
18,000
89,790
Stock at Rotterdam
Stock at Antwerp
Stock at otber continental porta.
toUl Aug.
lor
13
13 1-16
Stock at
16,000
40,000
14M
11 9-32
14 S-l«
800
For Angnst.
May.
For June.
13 17-32
300
200
Stock at Havre
Stock at MaracillcB
Stock at Barcelona
Stock at IlamburK
Stockat Bremen
Selma, Aiu
For July.
..13 23-82
13 1)-16
...13 ;7-3a
HIDDLIKO tJPLA.NDa— AUKBIOAN OLA88IFIOATIOK.
Frl.
Sat.
Mon.
Tnes.
Wed.
Thurs.
January
July--.
800
UW
spot quotations and the closing prices
at the several dates named
Oil spot
May
I3J^
cts.
14 8-82
exchanges have been made during the week
'^'lowintr will
April
1.300
2.600
4.'«0
13H
3,900
1.000
3.tOO
2,700
5-18
f(>' fvi.tures
June
2.900.
For Apill.
9^
bales.
18 28-32
For May.
2,700,
3,600.
U-32
18
400
lol'iowing
March
13 11-16
a.ioa total April.
10,6, «)
Il-Kl pil. to e^cli. 2110
2»-32c pi. to cxcli. 100
bid
cts.
5-^
13k
M
5,700
4,000
1,100
13 5-:6
13 11-82
28,500 total
13 7-32
6.000
2,300
.13%
For March.
400
:•".! »'->«
2,'-'00
bales.
Feb.
50O
13K
3,ii00
.,
5,al0
Kor February.
2,000
not.
3d.
28.30U total
l.l«
1,100
no
till
100
Ct8.
free
Total Great Britain stock
l,2l>9
20,9110
112«
USX
4.S3
4.83
BomuayShipmbnts.
—
According to our cable despatch received
there have been 13,000 bales shipped from Bombay to
(ireat Britain the past two weeks, and 6,000 bales to the (Continent while the receipts at Bombay duringr this we^k have been
18,000 bales. The movement since the Isl of January is as follows.
These are the figures of W, Nicol & Co,, of Bombay, and are
lo-<iay,
;
brought down to Thursday, Jan. S7
:
—
THE CHRONICLE.
114
.-Shlpmenu thu week-,
Great
1876
1875
1874
Con-
Britain, tlnent. Total.
19,000
6.000
...13 000
a.OOO
IS.OOJ
16000
17,000
14,000
5;000
—
Receipt;.
^Shlpmentsslnce Jen.l-. <
Since
Tills
ConGreat
Jan. 1.
weefc.
Total,
Britain. Unent.
4S,900 IS.rOO
60,000
2-2,000
21010
39,000
32.000
31,000
20,000
70,000
52,000
37,000
36.000
iir.oiw
96,000
it would appear that, compared with last
a decrease of 17,000 bales this year in the week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 37,000 bales
From the
year, there
foregoing
is
compared witn the corresponding period of 1874.
Weathek Reports by TELKonAPH.— There
Galveston. Texas.—SVe have had no rain here this week, but it
has been foggy. Up the country there have been drizzling rains.
The roads are badly cut up, and in some sections impracticable.
This, and the disposition to hold cotton to the extent of their
January payments
ability, are the cause of the small receipts.
are now mostly made, and planters are easier. The thermometer
has averaged 07, the highest being 74 and the lowest CO.
—
There has been no rain here, but it has been
Roads are bad, andplantera are not at present disposed
to market their cotton freely. The thermometer has averaged 67,
the highest being 78 and the lowest 53.
We have had a drizzling rain on four days,
Corsieaiia, Texas.
and the rest of the week has been cloudy. The roads are again
bad. Tlie thermometer has averaged 58, the highest being 77
cloudy.
—
—
"
.
Memphis
—
—
43.
—
Columbus, Mississippi. The weather has been warm the past
week, with occasional showers, the rainfall reaching twenty
hundredths of an inch. The thermometer has averaged 61, the
extremes being 48 and 70.
Little Rock, Arkansas.—The weather has been cloudy all the
past week. The thermometer has averaged .55, the highest being
72 and the lowest 36. Total rainfall for the week ninety-five
Tliere will be
liundredths of an inch, and raining heavily now.
little, if any, more cotton gathered in this section. A large quan-
has been destroyed.
There were light showers ou three days
of the week, the rainfall reaching thirty- five hundredths of an
inch.
The thermometer has average,! 53, while the extreme
range was 43 to 61.
Memphis, Tennessee. There were three rainy days here the past
week, the rainfall reaching one inch and forty-four hundredths.
Average thermometer 53, highest GO and lowest 44.
Mobile, Alabama. One day this week was showery and two
days were cloudy. The rest of the week was pleasant, but warm.
The rainfall has reached eleven hundredths of an inch, and the
thermometer has averaged 63, ranging from 38 to 72.
Montgomery, Alabama. We have had warm, sultry, wet
weather the past week.
There have been three rainy days,
with a rainfall of three inches, and the thermometer has ranged
from 36 to 75, averaging 61.
The weather the past week, excepting one
tSelma, Alabama.
rainy day, has been pleasant.
The thermometer has averaged
00, and the rainfall has reached seven hundredths of an inch.
Macon, Georgia. Rain fell at this point on one day this week.
The thermometer has averaged 58, the highest being 73 and the
lowest 44.
We have had two rainy days (showery),
Atlanta, Qewgia.
the rainfall reaching thirty-three hundredths of an inch. The
thermometer has averaged 54, the extremes being .33 and 71.
tity yet in the fields
Nashville, lennessee.
—
—
—
—
—
—
—
— There
was
on only one day the past
week (showery), the rainfall reaching eight-hundredths of an
inch.
Average thermometer 59, highest 08, and lowest 53.
Columb^us, Georgia.
—
rain
Savannah, Georgia. We had one day on which there was rain
this week, the rainfall reaching thirty-hundredtlis of an inch.
The rest of the week has been pleasant. The thermometer has
averaged 63, the highest being 75, and the lowest 39.
Augusta, Qeorgia. The weather the paat week baa been warm
—
Above low-water mark
mark
mark
Above low-water mark
Nashville. ...Above low-water
Shreveport.
Above low-water
—
.
Vlcksburg
New
. ,
when the
mark
zero of gauge
of April 15 and 16, 1874,
1871, or 16 feet above low-water
Future Receipts at
New
w
13
5
4
37
19
5
8
11
mark
of 1871 until
was changed
to hig'u-water
Orleans reported below high-water
Sept. 9, 1874,
which
mark
is
6-lOths of a foot above
at that point.
Orleans.
— Yesterday
we
tele-
our correspondents at Shreveport, Vlcksburg and
New Orleans, to learn, if possible, what were to be the receipts at
tbe latter point during the remainder of the year. The question
graphed
to
we asked in each case was, in substance, the same,
movement of cotton for the remainder of this
to wit
larger or smaller than for the
we have
same period
received the following answers
—
" Vlcksburg, Jan. 38 Considerable
" nished this year than last year."
Shreveport, Jan. 28
" arrive
New
"
"
;
— Two-fifths
ten thousand bales
Orleans, Jan. 38
:
Will
crop year be
the
"
—
^.Tan,.2D, '75.-.
Ufh.
Peat.
76-.
^.Jan. 27,'76
" DCh.
Feet.
R
5
29
10
S2
24
10
11
36
New Orleans. Below high-water mark
35.
J^ew Orleans, Louisiana. We have had no rain here the past
week. The thermometer has averaged 04.
The weather has been warm, showery
67ireveport, Louisiana.
and close all the week, the rainfall reaching thirty-four hundredths of an inch. The thermometer has averaged 62, the
highest being 70 and the lowest 46.
Vickdmrg, Mississippi. It has rained here ou four days this
week. The thermometer has averaged 63, the highest being 77
and the lowest
—
been a very
week in much of the cotton section,
more particularly the Western and Southwestern States. The
roads are again bad. Our Texas telegrams all speak of the roada
being much cut up and delaying the movement of the crop.
and the lowest
and dry, there having been only a light rain on one day. The
thermometer has averaged 59 the highest was 78 and the lowest
Rainfall nine hundredths of an inch.
33.
Charleston, South Carolina.
It was showery one day this week,
The thermome
the rainfall reaching one hundredth of an inch.
ter has averaged 58, the highest being 76 and the lowest 42.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
Jan. 27. We give last year's figures (Jan. 39, 1875) for comparison.
lias
considerable rainfall the past
Indianota, Texas.
[Janaary S9, 1876.
of last year
?
To-day
:
more cotton
will be
fur-
of the entire crop are yet to
more than
last year."
—Believe receipts will
be large during
February and March."
The
receipts at all the ports already
show
(not including
this
week) an excess of about 370,000 bales over last year. This
would give us a crop of 4,300,000 bales, provided there is to be
no further increase and the overland is the same but the overland also has thus far been at least 30,000 bales iu excess of same
Our advices do not show that we are to get
time in 1874-5.
in the aggregate any less cotton than last season at the Atlantic ports (including Mobile) for the remainder of the season, while
;
Oar
Galveston they expect considerable further increase.
at
readers can interpret these facts as well as
we
can.
—
Agiucultuual Bureau's Method op Crop Reporting. In
some remarks we made ou the last report of the Bureau (Bee
Chronicle, Jan. 15, pages 67-68), we referred to the great difficulty tbe trade found in interpreting its figures and the importance of establishing some more certain or exact unit for comparWe find that there is very great interest felt on this sub.
ison.
ject, and we return to it now for the purpose of explaining the
matter more
And
the
fully.
first,
object
as
to
of these
the
necessity of
a
government reports
change.
is
to
Of course,
convey infor
mation, and in as exact a form as potsible. Yet, it is scarcely
necessary for us to say that no report of condition ever issued l^y
the Bureau has been interpreted by any two persons alike. With
the best of intentions, there seems to be an utter impossibility of
reaching a conclusion which any one is sure is the right one and
guessing at what the Agricultural Bureau means has become
In our
as much a matter of contention as guessing on the crop.
analysis of the last Bureau figures, which we gave on the
;
15th instant,
these
we supposed we had found
mysteries
hereafter.
But
since
a key for unlocking
then, applying the
we see it is no guide
there used to other years,
five
adding up the
Besides, this
plan of
whatever.
months' average condition, to obtain the year's average, seems
without any reasonable basis, unless- we are to suppose those
monthly figures are a statement of the simple growth or progress
rule
Heretofore, however, it has always been said
tht! month.
that they were a statement of "condition," and, if that is true,
why certainly the figures of " condition" on Oct. 1 must of
for
themselves include the whole season's changes and growth, and
be an indication of the result of the season or, literally, of the
condition of the plant Oct. 1. Still, this is a matter of no import-
—
Then, again, what
if we can know who or what is right.
degree of excellence does the unit 100 indicate ? with what crop
shall it be compared ? The result .shows that this year it meant
a comparison with last year's crop. It indicated no such thing in
1874 or in 1873 that is to say, the result will not work out on
ance
—
;
any sucli sunposition. Is it unreasonable, then, to suggest that
It the plan pursued this year is
its meaning be made definite.
—
:
:
THE CHRONICLE.
Jannaiy 29, 1876.]
the one to be pursued hereafter, would it not be a very decided
advantage to have it generally and definitely known ? Then the
way-faring man, thouffh a fool (and we do not all of ug claim
be overburdened with wit), need not err therein.
But if we are to have a change in the government syatem of
reporting, a correspondent makes a suugestion which is certainly
well deserving of careful consideration. He says, speaking of
to
the Bureau
115
not been favorable, considerable rain having fallen but there doe*
not appear to be any general apprehension of damage to quantity,
except in a small way but to the quality more harm has bten
done.
Finlay, Muir & Co., however, ta'te a little lets hopeful
view with regard to the Oomrawuttee districts.
Messrs. Nicol & Co., under date of Dec. 11. write:
;
;
The acconnt* received from our correspoodents thl« week generally complain of unseasonable weather, rain liavhiK fallen lu the Berart and iu aoine
portions of Guzerat. So for as we have been able to ascertain, any Injory
done in the assigned districts has been confined to Akote, aiiout oueeltihlb
of the produce of which will probably show black leaf; hut there can be
little doubt that all over the Bcrars picking has been retarilcd by the untimely
showers, and the marketing of the crop thereby rendered later. I:i Uu/.<!r*t
no duuuii'e whatever seems to have been done, and Ike Bi'oach crop is reported
as being in splendid condition.
is
if 100, then in what re.
and if that figure is the maximum (as it should bo), how is it sometimes overHtepped, as in the
Arkansas and Tennessee report for last August 108 and 107. If
On December 18 the same authorities say
100 is not the highest, tlien how are we to compare 8.'5 to what
The latest a<1vlces from the vailous districts report the weather a« verr
anything
that
above
chosen
•
.
•
Iu tjc Akote District the
the crop could be. If a figure were
favorable for picking operations.
could be obtained, and that known and retained, a lower one could damage done by late rains is now fhiwing In the cotton coining to maiket;
which
U
to be found free from blaen leaf. From Kliamone-fourth
of
only
exceednow,
in
but,
as
made
then be compared and an estimate
gaum and Oomrawnttee we arc now recclvlnga somewhat better siylc of coting 100, what is to prevent its exceeding 200 V
ton, bnt dark loaf Is still very prevalent. Illngunghat of One qo dliy Is. wo
of
decimal
100
and
the
acre,
the
becoming very difflcult to obtain in oth r than small lots. From
bale
to
example,
one
learn,
Take, for
we continue to receive good ace >unts, and, so far, everything seems
Broach
planter
A
reached.
be
never
would
which
a
figure
to correspond
promise of a crop equal in e.tteui (If not larger) than that of last year.
give
to
can easily say, by looking at his fields, how much on the average
Messrs. Finlay, Muir & Co., under date of Dec. 15, write
an acre will yield him (a farmer finds no difficulty in determining
Daring the early part of the fortnight the weather was very unfettletl, both
this in bushels for grain), say half a bale then he makes his redistricts producing
port .M or, take it ouethird of a bale, which would change it to hero andup-countrv. Rain fell more or less through the
Oomrawuttee. Veiy contradictory reports as to Its effect have l^een received.
In this way we could readily arrive at a crop estimate by Ryots are always prone to exagirerate any damage, and Kiiropean ai/ents were
:i3 1-3.
taking the acreage planted. The mathematical requirements here unwilling to place much faith oh Iheir first reports, and advli<eii that they did
arefacile enough for even the most uneducated. Comparisoas with not consider mucli harm had been done, but a corrcspoude.l who sent out
special messengers advises that he thillk^ it eerljiln that the .lerree crnj) has
former years to determine an average is too heavy a tax on a uffercti considerably, and that both quantity and qualitv will be aflected.
memory, which at best is treacherous allowing the possibility His estimate is that ISerar will be 50.C0J liales less than last yeir. In Broach
No later news
of rain fell, and this would beiiellt the plants.
and probability of a planter's hopes or disappointments influenc- 10
None appear to know
lation to the product of
what
its
an acre
unit
:
;
—
:
;
—
:
;
;
;
ing his mind.
Did 1 to 100 represent the product of an acre, and taking the
average of the ten States for October, 1874, we would have had
4375 equal to 7i-09, the Bureau's average. On a planting of
8,800,000 acres the crop was 8,850,000, or 43-7.') per acre.
As we now take it, and others with us, it would sesm that the
supposed to be an
figures are compared to the crop of 1870-71
average one and that it is this which is the unit of 100, and that
anything outnumbering this would denote a better condition than
If this is the case, is it not asking too much of the
in that year.
planter or correspondent to depend on his memory for that season,
which would fade yearly. Would it not be wiser to take his experience, which increases yearly and enables him to determine
with greater accuracy the product of an acre ? Thus, in giving
lie should
his monthly report, he only looks to the time being.
not and would not refer to the past, and could not anticipate the
future.
—
;
There is certainly a thought in the above which in valuable,
and we should think could be utilized to great advantage. Start
ing with the ascertained acreage planted, and any abandonment
for overtlowa or other disasters deducted, it would be the easiest
possible problem to determine, in the way suggested, the prospective yield.
But we do not, however, at all insist that this
or any new plan shall be adopted. The great point is for the
L Bureau to make it plain to all what Its figures mean.
OVERLA.ND Movement to Dkcbmbek
31.
— Through
the kind-
overland
New
we have received their statement of the
movement, made up to December 31 inclusive, which is
at
as follows
Gunny
Orleans,
:
Shipped f'omSt. Louis
"
Norlh acrotis MiH!»i3sippi River at Hannibal
"
"
from Grand Tower and Curbondale
"
"
"
Cairo via Cairo and Viiicennes R.R
"
" Illinois Central Railroad
"
••
"
EvansvilieK. & C. R.K
"
'•
vil Lout!!ville O. A. M. K.R
"
"
JeiT. Mad. cfe Ind. R.K
"
"
"
Lou. Cin. & Lex. U.ll
Receipts at Cincinnati by River
blilpped to Milld adjacent to Ohio River not Included above
1S3,95T
19,127
none.
:^l,a28
13,588
'
;
;
-
Liverpool, Jan. 38.— 3;00
6,Si'J
49,B7I
10),95U
21.509
19,4.S8
l.tao
391,977
23
19«
1,510
Forwarded
of which exporters took
of which speculators took
of which American
AmouniaUoat
of
385— •20..S2r
371,(i50
Tlie following table will
64.000
24.000
5,000
0,000
703,000
i.OfiO
16,000
5,000
2,000
636,000
301,000
48,000
25.000
4,000
4)1,000
361.000
.3.'>(i,000
101.000
69.000
7,000
393,000
312,000
3:j),000
show the dally closing prices of cotton for the week
Thurs.
FrI.
Tnes.
Wednes.
Mon.
Satur.
SpoC.
do Orl'na. ..&6r.
..@65<
..(a6«
..@6,S
..@«?J
Mid. Upl'ds. ..@6 15-16 ..®6 15-16 ..®8 15-16. .®a 16-16. .©6 15 16
..
®6K
..
©6
15-16
Futures.
Saturdat.— March-April
delivery
from Sav. or
Chas.,
Low
Mid. clanse-
6 9-!6d. bid.
May-June delivery from Sav. or Chas., Low Mid. clause, 6 11-lud.
MosDAT.— Jan-Ke shipment from any port. Uplands, 6 ll-16d.
Jan.-Feb. delivery from any port. Uplands, 6>^d.
Feb. -March shipment from New Orleans, Low Mid. clau»e, by sail, 6Xd.
Feb.-March delivery from Sav. or Chas.. Low Mid. clause. 6Xd.
Feb. -March shipment from Sav. or Chas., Low Mid. clause, by sail, if
-.
required.
Tuesday.— Dec-Jan. shipment from
Sav. or Chas.,
Low Hfi.
clause,
by
sail,
required, 6 9-16d.
April-May delivery from Sav. orClias., Low Mid. clause. 6;id.
May-June delivery from Sav. or Chas.. Low Mid. clause, 6 ll-16d.
April-May shiiiment from Sav. or Chas., Low Mid. clause, by sail,
if
required. C 1316d.
Jan.-Feb. shipment from
If
New
Orleans,
Low
Mid. clause, by
sail.
New
Orleans,
Low
Mid. clause, by
sail, if
delivery from Sav. or Cha"., Low Mid. clause, flK<lMay-June delivery from Sav. or Chas.. Low Mid clau"e, 6 1 1-lOd.
June-July delivery from Sav. or Chas.. Low Mid. clause, 6Xd.
Feb.-March shipment from Sav. or Chas, Low Mid. clause, by sail,
if rtqiiired.
6Hd.
sl.ipment from Sav. or Chas., Low Mid. clause, by aail,
required, olTeied at ef.d.
April-May delivery from Sav., or Chas., Low, Mid. clause, G^d.
May-June delivery from Sav. or Chas., Low Mid. clause, 6 ll-16d.
Friday.— Jan— Feb. shipment from Sav. or Chas., Low Mid. clause, by sail, If
reauired, 6»-16d.
Jan. delivc-y f'om Sav. or Chas.. Low Mid. clause. G}4i.
April-.May delivery from Sav. or Chas., Low Mlii. clause, 6 9 16d.
JTiy-Iune delivery from Sav. or Chas.. Low Mid. clanse. 6,'id.
March-.\pril shipment from Sav. or Chis.. Low Mid. clause, by Bail,
if
5,181
210,290
111,273
13-16(1.
99,071
—
India Cotton. We have not referred to the new crop of cotton in India for several weeks, as there has been no speciil change
until the very latest mail dates, in the expectations, bo far as the
leading autliorities are concerned. They have seemed to anticipate a good crop, although a late one in the early districts. The
first
02,000
17.000
5.000
4.000
081,000
:Mi,000
121.000
91.000
6,000
419.000
THnasDAT.— Jan.-Feb.
3,3^9
4li7-131,360
weather during the
Jan. S8.
.51,000
380.000
299,000
which American
Feb.-Marcli shipment from
80,-?43
Shipments dfrect to mills according to statements of railroads
at points ol crossing on lh.j Ohio and Mississippi Rivers, etc
LeavMiK in transit to E istern delivery ports at dose December
and st<)ck at Cincinnati
Jan. 21.
38,000
20,000
3.000
6,0(KI
required, 6 13-16d.
2M71
,
Jan. 14.
650,000
317,000
91,000
66,000
Total stoclc
of which American
Totallmport of the week
Wednesday.— April-May
Boston
Providence
Philadelphia
bales.
.111
75,728
Italtiinore
Points iu Cinada
theweek
Salesof
Jan. 7.
required, ^%d.
l-iil
New York
Liver-
:
l(i,!iI8
Total Overland Direct from Prodncers
Deduct Overland Receipts at
M.— By Cable from
P.
—
pool. The market has ruled quiet to-day. Estimated sales of
the day were 10,000 bales, of which 2.000 bales were for export
Of to-day's sales 5,900 bales were American.
and speculation.
The weekly movement is given as follows
if
Less:
Receipts from New Orleans at St Lonis
Sliipments from Cairo to St. Louis
"
'*
New Orleans via Cairo
"
' Louisville
**
"
'*
"
" Mobile
"
"
"
"
St. Louis to Louisville
Receipts at Cincinnati by River from New Orleans
Bags, Bagging, Etc.— The market for bagging during
the past week has ruled very quiet no large lots have been disposed of, and orders of good aizo ara scarce. TItere is a fair business passing in small lots foi consumption, and prices rule steady
Bales rule nominal at !)@9ic. for India, and ISJc.
at 13@13ic.
for Borneo. Bajrs have not sold to any extent, and prices are
quoted at IS+e. for 440s. Butts have been in lair request, and
prices con tin un firm at 2fc. gold for late arrivals, and :j.ic. currency for lots near at hand. Sales are reported of 1,000 bales
800 bales, due here in FebBoston, to arrive, at 3jo. gold, c^sh
ruary, at 3ic. currency, and 800 bales, February shipment, at SJc.
gold, the market closing firm at these figures.
Actnalexport
ness of Samuel H. Buck, Secretary of the National Cotton Ex-
change
of a reliable character Ins reached us from Dhollera. Prospects are again less
favorable in Dhanvar, blight having appeared in some quarters.
three weeks of December, however, has
Jan.-Feb. shipment Uplands, regular contract, G7-16d.
The Extorts of Cotton
from
New
York, this week, show an
increase, as compared with last week, the total reaching 15,90&
Below we give our usual
bales, against 13,532 bales last week.
table .showing the exports of cotton from New York, and their
direction, for each of the last four weeks; alBo the total exports
aud direction since Sept. 1, 1875; and in the last column the total
for the same period of the previous year.
:
THE CHRONICLE.
116
BxportaotOottonCbaleain-omNew Yorkaiiiceilept.Ii 18T6
Same
WIIK BNDIHS
ToUl
period
prev'ns
date.
year.
Jan.
Jan.
Jan.
Jan.
6.
12.
19.
26.
18,230
11,361
11,118
14,948
230,91«
1,444
174,888
18,230
11,861
11,118
14,948
822,856
174.888
1,760
4,022
Hayre
68
Other French ports
lotal PrBnch
1,760
4,022
10,158
13,497
250
19,402
7 878
11,955
901
39,236
21,505
."59
'•409
58
Bremen and Hanover
1,950
"w
600
1,044
875
51
Other ports
Total to N. Bnrope.
GO
1,950
HX
10
Allothers
See
69
409
15,908
263,760
....
9rand Total
13,S80
13,869
12,582
10
ao.3.455
1
The following are the receipts of cotton at New York, Boston,
Philadelpliia and Baltimore for the last week, and since Sept. 1, '75;
NXW TOBK.
SALTIHORX.
PHtLADKLP'lA
BOSTON.
BIOX'TB rsoii-
This
week.
New
Orleans..
Since
Sept
2,819
werp.
Below we give all news received to date of disasters, &c. to
vessels carrying cotton from United States ports
Dboolia, str. (Br.), from New Orleans, at Grimsby, in bringing us In the
Humber, Jan. 9. parted her cable, losing an anchor and 30 fathoms of
cable, but which wonld probably be recovered.
Raleioh, (str.) which sailed from vv'ilraington, N. C, Jan. 18, for Baltimore,
sustained a slight accident at sea by the blowing off of a piece of her
boiler. She returned to Smlthville, but the Injury being slight, she put
to sea ngain in the evening, and arrived at Baltimore 2l8t.
j
State op Nevada, str. (Br.), Braes, which arrived at Antwerp, Jan. 19, from-1
New York, collided in the harbor on the 24th with steamer Itallus, (Br), n
The latter vessel was badly damaged and run ashore. The extent of
injuries to the State of Nevada had not been ascertained. She was
adverllHed to leave for New York on Jan. 28,
ViBoraiA, (str.) from Charleston for Philadelphia, anchored off Fort Delaware
at 8:.30 A. M. .Inu. 25, supposed damaged, and passed Newcastle at 3:50
same day in low.
Jcventa, ship (Br)., France, from Mobile for Liverpool, before reported, was
,
discbartjing at
8p«ln,0porto&01braltar&c
Total Spain,
Included In the above totals are, from New York, 51 bales to Hamburg, and
850 to Rotterdam; from New Orleans, 400 baU^ to Rouen, 1,030 to Rotlerdam,
1,483 to Malaga, and 600 to Santander; from Charleston 40O bales to North of
Europe; from Texas 868 kalss to Cork; from Philadelphia 450 bales to Ant-
:
Other BriUBh Ports
Total Co Gt, Britain
to
[January 29, 1876.
1.
This Since This Since This Since
week. Septl. week. Septl. week. Septl
Key West Jan.
19, for repairs.
II, bark (Dtch.), Mulder, from New Orleans. Dec. 14, for Havre,
with 2,073 bales cotton, 25 do. moss, and 2,400 staves, ran on Colorado
Reef to the N. W. of Cuba prior to Jan. 6, She was being discharged on
the 10th, and a complete salvage was looked for.
Mary FitosT, bark (Bi.), Neil, loaded with cotton for Liverpool, took lire at
Galve!*ton, nightofJan.il. The fire department was promptly on hMid,
Entbbprise
after removing a considerable number of the ballast it was deemed
advisable for the engines to fill her bold with water to the level of the
cotton, which was done. The following day a steam engine was set at
work to remove the water, when, after nearly completiUif that duty, the
Are again developed iteelfand the vessel was again re-fllled with water.
The vessel was then unloaded to obviate further danger. The damoge
sustained by the cargo is almost solely confined to water the fire having
been extiugnished before it reached any considerable headway. The
chief engineer anti foreman of the fire department brought suit against
the bark in the U. S. Circuit Court for salvage, claiming $70,000, but at a
meeting of the City Council, the firemen's action, was annulled, and an
effort to remove them from office was defeated by the lack of a two-third
and
—
2,254
76,858
47,766
63,466
i'.S
6",693
2,416
913
3,312
84
7,598
128
69,360
36,49:
144,646
6,630
112,356
1,500
ToUl this year
21,317
564,075
14,807 148,728
1,909
30,276
2,736
79,2S6
H*rt8tevii, (schr), stranded at Hollands Wadero, had completely broken up
Total last year.
14.766
502,203
4,395 154,684
1,653
34,828
1,922
77.762
Cotton freights the past week have been as follows
,—^Bremen.
,^HambBi^.'
Liverpool.
Havre.
Texas
Savannah
1.6M
3,084
'629
130
3.210
1,106
14,719
'841
12;844
J62
9,156
'190
8,588
15,634
42,379
Mobile
vote.
Florida
8'th Carolina
N'th Carolina.
Vfrglnia......
North'm Ports
Tennessee, &c
Foreign
reported stranding of the bark Thorwald'(DHtch) from New
Orleans for Havre, at Bahia Honda, has not been confirmed.
(Brig) Leighton, from Charleston for Livcrpjol, put into Queeustown
Dec, 21, with the master sick.
Rhone, brig (Br.), O'Brien, from New Orleans for Bremen, with cotton, which
put into Nieuwe Diep. Jan. 8, leaky, having been aground at Texel, had
6 feet water in her hold on the 10th, and would have to discharge for
Thorwald.— The
'854
798
2.230
2,362
6,862
40',858
l,48!i
50,561
37,611
1^568
8,529
4
CAnET,
repairs.
Jan.
News.— The
Shipping
exports of cotton from the United
States the past week, as per latett mail returns, have readied
So-far as the Southern ports are concerned, these
96,867 bales.
are tlie same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
N«w TOHK— To Liverpool,
per steamers Russia, 260 ...England, 1,986
....Statesman, 1,360... City of Richtnond, 1,180.... Dakota. 2,536
Baltic, 1,305
per ships Magdaia, 1,4^5... .John O'Gaunt,
14,948
70fl....per barks H. F-ailley, 2,416.... Mora, 1,830
600
To Bremen, per steamer Honenstauffeu, 600
61
To Ilamburg, per f-teamer Geliert, 51
250
To Rotterdam, per steamer Rotterdam, 280
59
To Genoa, per brig N. N. Wright. 59
Alice, 3,002
Nhw Orleahs— To Liverpool, per steamers Chilian, 4,670
Vanguard, 2,300..
...Borrowdale, 8,326. ..St Louis, 4,253
aO,7i8
per ship Sabino, 4,227
2,703
To Havre, per bariv Alice Reed, 2,70a
per schooner Martha N. Hall,
To Rouen, per bark Hassel, 2O0
.
403
203
To Bremen,
per steamer Strassbnrg, 5,200
..per
barK Johanne
Marie, 2,000
7,800
To Rotterdam, per brig Erminia P.,
To Barcelona, per bark Felisa, 858
To Malaga, per ship Fylgia, 1,183
To Santander, per bark IJribes, 500
l,mo
1,000
858
1,488
500
To Genoa, per bark Alice Campbell, 1,221
Mobile— To Liverpool, per ships W. A. Campbell, 5,300
„
To Havre, per brig Herman, 1,88T
per barks Ponema, 2,113 Upland.... BelObarlbston— To Liverpool,
^--. ^.
1,2 il
5,300
1,387
Upland. ..Etta, 2,340 Upland and 220 Sea Island...,
Agnes Campbell, 2,106 Upland and 41 Sea Island
,..,
8,313
To Havre, per bark Autocrat, 2,337 Upland and 84 Sea Island
per brig 8. N. Hansen, 682 Upland
3,403
To Barcelonajper brig Y sabelllta, 325 Upland
325
To North of Europe, via Savanuah, per steamer Centennial, 400
tiste, 1,193
Upland
400
Savanhah—To
Iris, 1,625
Liv,6rpool, per
bark National Eagle, 8,660 Upland
Upland
To Amsterdam, per
6,186
barks Disco, 2,600 Upland
Julia Flcher,
1,-300
Upland
To Nordkoping, per bark Polkefester, 1 ,300 Upland
To Barcelona, per brig Almogaver, 630 Uplaad
Texas— To Liverpool, per barks Mjolmer, 1,087
Ull,
3,900
1,300
6.30
1,160
mnnce, 1,914
To Fleetwood, per bark Embla, 1,691
To Cork, for orders, per bark Capella, 858
To Genoa, per brig E. L. Margaret, 666
WfLMiNGTON— To Liverpoo|. per bark A nna, 1,856
NoBPOLK To Liverpool, per bark Rothimay, 1,516
Baltimore— To Liverpool, per steamers Lake Champlain, 868
Ro4,151
1,691
858
666
1.356
1,615
—
Scotian, 257
Boston—To Liverpool, per steamer Atlas, 590
PaiLADELraiA To Liverpool, per steamers Indiana, 641
vania, 50O....Cityof Bristol. 1,632
To Antwerp, per steamer Vaderland, 450
—
Nova
620
690
Pennsyl-
The
Texas
Wilmington
Norfolk
Baltimore
Boston
Philadelphia
Total
Ji@9-32
Monday
Km^
Tuesday...
X@9-32
Thursday..
J<@9-.i4
,lt@9-32
3<®-'-38
Friday.
>i@9-32
M09-32
Wednesday
...
Market
3-i
—
,
Steam.
d.
Saturday...
:
—
Ji@9-32
34@9-3i
Sail.
Bre-Amster-Nord- Barcewood. Havre, mefi. dam. kopiug. loua. Genoa..Total.
BOO
2,703
1,387
3,403
8,.313
858
1,221
3-26
6,186
4,161
1,868
1,516
6«0
590
2,778
66,589
59
7,800
3,900
1,300
630
6(6
15,903
86,146
6,687
12,441
11,015
7,366
1,350
1,615
620
690
3,223
1,691
7,493
7,800
S,«00
1,300
1,8U
1,946
Sail.
Steam.
..®V,
..
1
.
1
..
1
..
1
>l®9-32
s.@%
..a«
..®«
«(a9-3'.>
..@7i
..
1
..
1
&%
Sai
c.
c.
c.
comp.
comp.
comp.
comp.
comp.
comp.
11-16
11-16
11-16
11-16
11-16
11-16
I
1
1
1
1
1
c.
oomp.
comp.
comp.
comp.
comp.
comp.
.
..
..
..
..
..
dull.
BREAD STUFFS.
Friday, P. M., January
The
28, 1876.
market has been comparatively quiet the past week,
and prices have had a downward tendency, though no important
reduction can be made in the range of quotations. Ou Tuesday
several thousand barrels of good shipping extras from spring
wheal (State and Wisconsin) sold at $5 20(a|5 3.5, and there has
been more doing by the city mills in West India brands at
$5 75(a$6 but, on the whole, trade has been slow. Scarcely a
new influence has been felt. Supply and demand have been
alike moderate, liere and at the West, and there has been very
little change in foreign markets.
Sterling exchange has been
firmer, and ocean freights close a little lower.
To-day, the market was dull and low grades weak.
The wheat market has been less activo, but prices have been
flour
;
well maintained for
all
grades.
The demand
of spring and winter wheats, for milling
British outports
for
the better grades
and for shipment
and the continent, has been
trifling,
to
but there
has been some revival of the export demand for low grades of
spring growth, the sales including poor rejected at 94c, better
qualities of rejected at 97{a99c, No. 3 Milwaukee at $1 09(31 10.
The sales of No. 2 Milwaukee have been at $1 85 afloat, and of
No. 1 Spring $1 35 for Canada in bond. No. 3 Toledo rod winter
has sold at $1 30 to arrive, and choice amber as high as |;1 47.
To-day, the market was depressed, and the salsa embraced No. 2
Milwaukee
at $1 33 afloat.
Indian corn
lias
been active for export and home use, and the
speculation for Feljruary has been on a
more extensive
scale, but,
Supplies are coming forward
and the Southern States appear to be takings
from the West much less than formerly, and some of them have
a surplus to sell. To-day, there was no essential change, but the
market favored buyers.
Rye has sold at widely irregular prices, but quotations are revised and reduced. Barley has been very active at pretty full
prices, including choice Bay Quinte at $1 30, and good No. 3 State
two-rowed at 88(390c; barley malt also doing better for choice
amples. Canada peas are dull at |1 03@1 08, in bond.
spot and G3(a03Jc. for Feb. delivery.
pool.
14,948
20,773
5,300
Steam.
the advance of early in the week has not been maintained. Yesterday, there were free sales of prime new mixed at 63J(3)C3c. on tha
x.ivcr- Fleet-
Charleston
Savauuiih
d.
.
96,81.7
are as follows
New York
,
Sail
with supplies comparatively free, and foreign advices depressed,
particulars of these shipments, arranged in our nsnal form,
New Orleans
Mebile
—
Steam,
2,773
m
Total
3.
W,8«7
freely at all points,
1
1
:
.
THE
January 29, 1876.]
CHIIONICI-R
Oats have been in better demand, and price* show an advance
of fully one cent per buehel for the week, with choice mixed
ialable at 49c. and choice white at 52c., and 47c. bid for No. 2
Chicago in store! To-day the market wag very quiet, owiog to
the extreme views of holders.
The lollowiug are closiog quotations :
Ubaim.
irtona.
No.«
bbl.iS 85®
«l
Baperflne State
orn
4
gxtra State, Ac
Western Spring
extras
5
Wheat—No.3 Bpring.baBb.tl
20®
00&
4 85
5 30
Olty shipping extras.. ..
City trade and family
brands
Southern bakers' and family brands
BotithcrnshippVextras.
Ryelloar, superfine.. ...
Commeal— Western, Ac.
Oom meal— Br'wlne, Ac.
The movement
in
4
5
flOJt
5 .%
6 75
500
MS
.So. a aprl&i;
I
No.
J
18a
SIQ
I
i)S&
1
1
85^
40O
1
spring
Red Western
Amber do
White
Wheal
doXXandXXX
do winter wheat X and
XX
lows
4 00
Weet-
&,
Corn-Westernmlzed...
Yellow Western
Boutbern new
Rye
Uats— Mixed
White
Barley— Canada West...
I
1
1
1
1
1
56(i)
63*
5 OOa « 50
59®
5 3&3 6 00
87»
45®
6 853 7 75
48®
1 00®
7 oca 8 .W
State, 8-rowed
80®
5 8.5^ 6 75
State. 4rowcd
90®
4^5^6 80 Bsricjv Malt— SUte
1 OOa
...
S MJJ 3 .lo
Canadian
1 85®
3 603 3 65 Peas— Canada, bond A fr.
1 OiS
breadstuSg at this market has been as
.
10
24
3H
30
47
MXW YORK.
„
Wheat
Com.
In store at Montreal
[n store at Philadelphia*
878,379
(natoreat Unltlmore*
19,747
18n,?0S
566,544
186,000
26,716
830,000
457,101
710.673
120,000
Afioatat
week.
88.i3.1
.
1.984
Wheat, hue.
259.C,nO
1,10),628
Corn,
Kyc,
876.41
1,81.3,484
1.3,094
"
.
'•
.
3.310
Barley. "
.
2as,H.T«
Oats...."
.
86,668
368,306
1.3,
(i?
98
49><r
S8
1
ari
!KI
1
1
1
1
CO
85
40
20
fol-
BZFORTS FROM NBW TORK.
Wheat,
Chicago
,
27,819
31,816
Milwaukee
Toledo
Detroit
Cleveland
8t.Loiii8
Peoria
bnsh.
(60 1bB.)
173,327
293,<'41
30
57,.380
6,616
*i,2S0
20,069
83.781
10,850
62,787
7,3i0
1,088
Previoaswcek
Corresp'ng week, '75.
"
"
"74.
'73.
"i2.
'71.
"
"
Com,
bush.
Oats,
bush.
(56 lbs.)
(38 lbs.)
497,687
46,005
880,452
11,720
3,150
327,752
86,530
96,743
20,888
11,448
18,987
11,700
70.648
41,300
Barley,
bnsh.
Rye.
bush.
(48 lbs.) (56 lbs.)
'"" "
100,430
6,601
24,045
5,650
83,V45
Fbidat. p. M.. Jan. M,
The week's
58,263
25,750
3,685
4,400
1878.
was expected from
number of buyers in the market. Jobbers from
and other remote parts of the country 'oought fair
quantities of assorted merchandise, but the Western trade oper>
ated lightly, and the city jobbers held aloof from the market to a
noticeable extent. The clothing trade were well represented, bat
their purchases were mostly made in small amounts, and were
not important in the aggregate. There was some pressure on the
the increased
California
makes
of cotton
many lines of these goods were
"on memoradum" to be charged up hereafter or
either
wholesale buyers have met
payments with promptitude. The export movement in
cotton goods was comparatively large, being 2,335 packages for
the week from this port, of which 1,530 packages were shipped to
Africa, 405 to Liverpool, 307 to Brazil, and the remainder to other
their
countries.
Domestic Cotton Goods.
—There was a dragging demand for
descriptions of cotton fabrics, but, on the whole, prices
quiet for
new
were
Brown
sheetings and shirtings were
business, but some liberal deliveries were made in
Bleached shirtings were taken by
manufacturers and by the trade in moderate quantities, the
best makes being most in demand. New York Mills wide sheet-
1
shirt
89,102
86,124
75,602
70,5.54
other colored cottons remained quiet.
63,876
74,782
tortate .2,473.713
.2,f78,325
lH7':-.->..
1873-4
187J-3.
.
,
3,156,847
.2,787,388
Wh
bbls.
88,479
98,443
J»n. 88, 1876
Jan. l.'i, 1876
Cor. week '75
61,.578
'74
113,763
Cor. week '73
Cor. week '78
Cor. week '71
Jan. 1 to Jan.
68,782
63,305
88411
88, '76.
bush.
Corn,
bush.
Oats,
bush.
180,705
179,614
148,670
831,825
710,673
5J0,0'0
396,357
334,616
1.3a,057
33,3.37
21.5,003,
103,358
114,547
117,808
257,085
219,013
47,487
56.671
482,941
510,567
781,314
at.
31,506
845,804
371, .I'o
1875
1874
880,694
^eii.SOfi
4.56,532
Saraetlmel873
281,310
3,402,8o8
463,655
534,984
459,993
8,390,151
1,105,877
999,059
818,706
grades were in fair request, but inferior makes were dull and
weak. Corset jeans and satteens were in steady request and firm.
Rolled jacconets, cambrics and silesia^ were quiet bat unchanged
Qrain bags moved slowly, and there was not much
in price.
animation in carpet warps, yarns or twines. Print cloths continued
depressed at 44c.
actions occurred.
—
10(ffi30
days
—
^at
which figures very few trans-
Prints were not so active as could be desired,
have begun to accumulate in agents' hands.
Barley,
bush.
Eye,
bush.
and several makes
Shirting prints and cambrics met with
47,447
45,755
34,346
77,373
57,964
7.0(1
14,198
10,174
16,686
IS.S.W
somewhat irregular prices. The BrK^tol fancy prints were opened
Cotton dress
at 7ic., and cambrics of the same production at 9c.
:
Flour,
Week—
Tickings, denims and
Cottonades of the better
ings were subjected.to a reduction in price.
12),4iiO
inclusive, for four years
Same time
Sometime
trafnc has been less active than
well sustained by agents.
Shipments op Flour and Grain from the ports of Chicago,
Milwaukee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Daluth for the week ended Jan. 33, and from Jan. 1 to Jan. 23,
week
m,88l
THE DRY aOODS TRADE.
all
• Estimated.
Ciir.
4t5,3«3
482.189
execution of previous orders.
Total
Same time
Same time
Same time
181,488
2,207,109
1,830,631
8,
not entirely satisfactory, although
29,4;1S
Daluth
Total Aug.
3.15A,609
8,091.167
2,489,639
6,im)-
1.5<»
10,174
Boston, and collections in some other sections of the country were
100,744
Flour,
M.OOO
dated
ahead, by means of which a considerable quantity of goods
changed hands. There were still further failures of jobbers in
55.3,039
bb:s.
(196 lbs.)
6,.19S,0n
8.S6II.193
Bt«.
6541
45,nnn
6.000
47,447
110,000
180.000
* Eattmatcd.
placed
The following tables show the Qrain in sight and the movement of BreadstuSs to the latest mail dates:
BBCRIPTS AT LAKE AND RIVER PORTS FOR THE WEEK BNDIKO
JAN. 82, 1876, AND PROM AUGUST 1, 1875, TO JAN. 22, 1876:
At—
4,0I»,S49
.11,049,893
Barley.
103,38*
180,000
part of manufacturers' agents to sell certain
a. .3:18
475.ai«
441,845
.16.897.653
..17,816,409
Oats.
16,051
815.r«0
goods, prints, &c., and
855,569
17,082
307,674
l,6i2,68«
W9
York...
71
Since
Since
Jan. 1. Jan. 1. '75.
Flour, bbls.
0. meal, "
New
Total
Jan. 15, 1876 ....
Jan. 23, 1875....
-1876.
For the
4U.000
Rail shipments week
On lakes and caoaln..
55
70
:
BBOIIFTSAT
117
S09,3.37
174,.513
16,.577
7,460
13,183
l.lOi
49,619
63,146
60,605
28,710
goods attracted
much
attention,
fair sales,
but at low and
and agents received
fair orders
Staple ginghams were in fair demand, but
fancy styles were quiet. Cotton hosiery wiis distributed In liberal
for future delivery.
amounts in execution of orders.
Domestic Woolen Goods. The demand for spring woolens
RECEIPTS OF FLOUR AND ORAIN AT SEABOARD PORTS FOR THE
from first hands has been less active than was generally expected
WEEK ENDED JAN. 32, 1876.
was no lack of buyers in the market, but their
Flour,
Wheat,
Com,
Oats,
Baney, Rye. by holders. There
Atbbls.
bnsh.
bnsh.
bush.
bnsh. bush
individually light. The clothing trade bought
were
purchases
NewTork
78,523
318.816
343,337
98,085
148,0(10
4,390
Boston
17,425
7,450
very few goods, and cloth jobbers confined their selections to
93 160
28,829
7,756
400
Portland*
7,000
2,5<J0
12,500
small lots of the newest styles of cassiineres, suitings and worsted
Montreal
8,.30n
1,400
1,866
Philadelphia
17,570
4r,6oa
331,200
39,900
28,000
100
Some transactions occurred in cotton warp fancy chincoatings.
Baltimore
15,608
85,600
568,900
New Orleans
chillas and overcoatings for the fall trade, but these were excep19,909
187,501
R568
Cloths and doetional, and restricted to a few favorite makes.
Total
153.985
401,466 1,536,598
176,688
181.916
4,890
Previous week
197,307
816,876 1,063,287
264,370
88,616
8,690
skins were inactive, but there was an increased movement in
Cor. week'75
181,161
812,443
971773
244.381
33,411
4,930
Total Ian. 1 to date. 715,119 1,218.737 4,870,495
Kentucky jeans were in irregular demand, with most
satinets.
869,998
446,968
88,088
Same time 1875
610,604 1,086.625 3,952,g« 1,037,801
116,736
12,358
relative activity in low gradts. Flannels continued quiet, and
Same Hmc 1874
906,800 3,167,756 1,370,460 1,898,773
154,584
62,118
Same time 1x73
431,011
77.3,168
l,40:i,nO 1,840,999
365,363
7,225
the package trade in blankets was nominal. Worsted dress
The Visible Supply of Ubain, comprising the stock In fabrics were in moderate request by far off jobbers, but the
granary at tKo principal points of accumulation at lake and
nearby trade operated sparingly in there
seaboard ports, in transit by rail, and frozen in on the New York Weetem, Southern and
goods. Worsted shawls were more inquired for by California an d
canals and on the lakes, Jan. 32, 1876
future delivery.
Wheat,
Cora,
Oats,
Barley,
Rye, Texas jobbers, who placed some fair orders for
bash.
bnsh.
bash.
bash.
bush.
Foreign Dry Goods. There was a better demand for British
In store at Now York
5,568,057
49.3,816
1,011,574
326,730 101,107
In Btoru at Albany
9,400
is.ooo
93,000
305,000
16.300
dress fabrics, which were opened by some of the importers in new
In store at BnfTalo
1,408,.349
41,543
106,000
131.507
24,691
Spring styles, but imported goods were generally quief. Silks
In store at Chicago
2,657,584
998,435
489,014
328,771 143,683
In store at Milwaukee
3,740,154
23,037
86,888
178,851
15,368
moved slowly, and the supply Is so large that an effort will
In store at Onlnth
51,493
In store at Toledo
429,1.51
288,710
384 892
shortly he made to close out some large lots at auction. Linen
37,600
1,197
In store at Detroi t
1.^7^457
11,C07
94.663
87,193
goods dragged, except dress linens, which were in fair demand.
la store at )8 wego •
a5.ooo
330ioo0
80,000
110.000
5,000
Staple white goods and embroideries were in limited request by
III store at St. Louis
488.407
341.133
21.045
86.359
109,614
hi store at Peoria
manufacturers and the trade. Woolen goods for men's wear
6,809
38,8.33
77,420
68,735
5,484
714,18'i
313,0.8
879,512
—
5,6.'ifl
,
—
,
<
In store at Boston
In store at Toronto
* Kttiroated.
1500
383,899
87,795
I,S00
236,627
6,424
69.80S
98,448
3.i2
1,316
The auction season will be inaugurated next week,
when important lines of housekeeping linen goods, white goods,
ruled quiet.
ttraw goods, &c, will be offered for public competition.
——
—
——
:
.
:
[January 29, 1876.
THE CHRONICLE.
118
Sxportn of lieadlUB Article* from New XcrK.
The following table, compiled from Custom House reiurns
Importatlous ofDrr Good*.
The importations ol dry goods at this port lor the week endiog
Jan. 27, 1876, and the corresponding weeks of 1875 and 1874
hare been as follows
XTBBID TOB
1874
.
Pkgs.
Hanatactares of wool .... 1.103
do
do
do
WIBK IKDINe
OOMSUJlrTION rOB TBI
.
cotton.. l.tiM
6aii,6!i6
»Uk
411.997
:«1.49:
112,783
610
967
llax
HltcellaneonBdry goods. 615
Total..-
Pkec
"
Valno.
1816
,
.
.
Valac
Pk(r»
Valne.
-
t70",755
5:i5
$iifi,(i8«
658,7.30
1.9:i(
44n,5«'.l
614,140
351.606
189,136
3:«
608
561,507
1,447
119,491
'
"
1,4)0
1.678
1,101
t<M4,6:)'i
27, 18'6:
JANUAIIT
1875
,
954
ill
9
.
K 1* r- >n t- n a
»-*
tfi
BAUB pebiod:
(47
188
805
372
i74
333.531
168,667
13,094
702
416
MiBcellaneonB dr; goods. 1,113
3,486
4,848
2,821 $1,063,669
2,321,376
4,162
8,701 $3,335,042
6,143 $1,803,737
SOj.lfS
195.366
187,785
39,714
$987,080
1,955,505
U81
Total tlirownnponm'k't. 8.331 $2,913,568
_
_
-
103.192
108,386
139,107
26,039
117
6,Ij77
^«S
O«
•
$188 982
$359,497
18»,880
693
CIO
434
718
809
7.13
Total
ijs
l:!7,118
witbhrawh raoK wabbhodsi and thbowm into tbb xabkbt dubins tbb
Addent'dforconBnmpt'n
if3
5 Be"."-".
4,168 tl.S37,C81
5,877 $2,321,373
4,814 11,956,505
Hansf actmeB of wool ....
cotton..
do
Bilk
do
flax
do
shows the exports of leading articles from the port of New
York since Jan. 1, 1876. to all the principal foreign countries,
and also the totals for the last week, and since Jan. 1. The
last two lines show <o<at tiai«e«, including the value of all other
articles besides those mentioned in the table
«
C- rt r* CT
— Ot--*"P«TS — 00 — »»"* 'O
t- -a fo ~^ f^
—
c»ioci'»o«aO'«'wt ------
t6«6,li5«
1,237,081
f
BNTBBBD fob WABBHOUBINO DDBINfl BAKB FBBIOD!
Hannf actnreB of wool
cotton..
do
silk
do
flax
do
Mttcellaneons dry gooda.
694
658
117
712
22
ToUl.
iddent'dforconsninpfn
8,113
4,848
$225,683
607
6S«
$294,179
186,191
111,785
161,181
13,807
165,320
132,094
174,»10
12,662
128
6;8
67
1170,745
2,166
5,817
1,956,505
$202,328
201,812
I'iS
lr,2,801
782
101,836
26,821
lUl
2,266
4,162
$710,669
2,321,373
.-•
.-N-^o -o
-oo
-oo
ty-i
•
£ S t J2
*• :; «o -- '-"^ 9?
•
»-
:
!fl
—
*5
o
$748,104
-
•
'*'
*
1,237,081
ImporiB of Leading; Article*.
I
:
2.SSe.-
compiled from Custom Houge returns,
shows the foreign imports of leading articles at this port since
Jan. 1, 1876, and for the same period in 1875
The following
.0
00
CO
'
.(O
-
'^
''»^
•
•!-
».,...• w
:*;::!
I
I
;
t
o;«r
^-i'*^
;
;
-if^
6,438 $1,985,185
8,043 $3,062,042
Idtal entered ai the port. 6,901 $2,137,250
531
714
table,
[The qoantlty Is given In packages whon not otherwise
o
:
'Lr**
•
•
«'«j
sss
!
•
5§
no
MO
specified.]
.
.
.
•rtoi'^
•
•«
•
'2?
•
'
!
o CT
>-'
w^*^*
I
!
;
I
i^
Since
Same
Jan.1,'76.
time 1875
:,859
1,377
33.893
3,124
348
China, Glass and
Barthenware—
China
Earthenware.
Glass
Glassware
Glass plate
Buttons
.
Metals,
Coal, tons
Cocoa, bags
bags
19.3,003
Cotton, bales
Drugs, &c
Bark, Pcrnvlan..
Blea. powders...
Cochineal
Cream Tartar...
Gambler
Gnm, Arabic...
Indigo
Madder
Oils, essential..
Oil, Olive
Opium
Soda, bicarb....
Soda, sal
Soda ash
Flax
Furs
Gunny
2,893
2,21'
461
5
5,837
218
359
166
43
8,017
170
8,781
3,886
5,460
150
694
cloth
Hair
'isJ
28,048
Hemp, bales
Hides,
140
1,000
27,881
2,325
536
360
1,026
662
95,615
292
2,186
1,575
37i
10
1,233
112
161
56
113
4111
160
316
11,602
&c—
Bristles
Bides, dressed..
India rubber
Ivory....
43
330
410
3,488
211
4,250
28
Iron, IIR. bars...
Lead, pigs
Spelter, lbs
Steel
Tin, boxes
Tin slabs, lbs...
Rags
Watches
231
163
47
67,420
797
31)
Linseed
121,09-
IColasses
453
7J0
1I,C95
4,166
89,916
4,778
44,3S8
935,413
6,836
8,300
835.993
96,110
2,8!2
59
6,663
203,816
105,870
2,439
95
6.737
5,493
2,512
6,097
54,5.38
1,C91,56'
Tea
Tobacco
Waste
Wines, &c
Champagne, bks.
Wines
6,721
Wool, bales
asf^T kot- •r-"^«
8,02;
o
1(14
i^'-
•
'ei
•
00 •»• "O
:« ;S :i
•
»-•»
"eo
'
•
55£ »H dt o to *M
WH ^
r-«
«o ^ I- cr
:2'"?8''PS!S
.
:
:
•
:
^
J
IS
J 'S -^ "^ *
:
:
:
2§
:SS
]
I
Articles reported by
value*63,.39S
Fancy goods
53,746
$69,767
2,206
36,978
Fish
47,001
27,157
Fruits,
S,4.S7
Ac-
Lemons
Oranges
Nuts
.
Raisins
Hides, undressed..
Kice
21,378
355
91,8:10
41.682
15,257
1.5,.')6S
266,'.40
89,381
466.308
18,116
l,07.-.,466
3,319
&c.—
Cassia
Ginger
Pepper
Saltpetre
Jewelry
202
6',3!0
Sugar, hhds, tcs. &
bbis
Sugar, bxB & bags
SpiceSj
Jewelry, &c.
289
67
Hardwaie
238 Cigars
69 Corks
2,500
1.458
3,498
1,114
Same
Ac-
Cutlery
865
301
2.313
303
CoflTco,
Since
Jan.1,'76. time 1875
13,279
178,514
16,516
8S,6S1
9.533
85,092
148
61,409
4,088
80,116
6,586
39,352
1,185
85.779
7,9J7
WoodsCork
Fustic
Logwood
Mahogany
rfm
S3
«50
Ota
;"::::
i
95 o
^^
a.
•
•
Is;:
•
:
:S
:s
:
:p
:
:§
:
.
r-cf>
Receipt* of Domestic Produce.
:
The
receipts of domestic produce since Jan. 1, 1876,
time in 1875, have been as follows :
and
Since
Same
Since
Same
Jan.1,'76.
time 1875
Jan.1,'76.
time 1875
3-a
:S
:
pkgs.
567
255,569
Oil, lard
•307,574
Pcannts
bags.
Corn
1,24.3,481
Oats
441.245
1.622,686
653,039
2.33S
100,711
Provisions
Butter
pkgs.
Wheat
bush.
Rye
Oilcake
1.3.061
Barley and malt.
Grass seed. bags.
Beans
Peas
bbls.
bush.
C. meal.... bbls.
Cotton
Hemp
bales.
bales.
Hides
No.
41,5,116
15.067
7,442
18.801
2.'>1,776
8,102
17.08S
66,391
3S
196,242
13,379
100,495
51
C,.351
bales.
Leather. ...sides.
346,5J9
10,509
306,194
231,514
Molasses.... hhds.
Molasses.. bbls.
22335
12",8ii
Heps
.
2,792,
Naval Stares
.
Rasln.
Tar
.
pkgs.
Cheese
Ctttmeats
Kggs
Pork
Beef
Lard
Lard
Rice
Starch
Stearino
kegs.
pkgs.
19,280
75.946
43,152
51,378
27,660
22.140
6,762
41.579
69,913
17,170
61,435
12,961
1,549
.00
s"i
:
HSSiigi
...bbls
Sugar.... ...hhds.
Tallow... ...pkgs.
800
202
Tobacco.. i.ihhdsl
8,146
82,424
1,533
Whiskey.
.bbls.
Wool
bales
Dressed Hogs No,
.
.
21.6.50
5,069
48.773
1,047
103
1,676
!S,.57S
2
s'.ir.fi
ll,067i
8,6«3I
17,5431
S®"
«
2 «> E
J3
3.112
2,176
9,065
1.901
17,336
2,869
27.078
.
lO "J 3; to
ffi
.
«; •o
w
.-'^
'^
o^
.s«3
O w .- O <0
•
TO
•
;<T<_Trm«
<
W|Z2
^S
sl§
ffron
S.O
to
e a
•g-2
boo
§
OS'S
5
.OX!
V«
00
» U
OD
•55 o,5-=.-°.-^.§a«Ma^^=oog-gg
2,306
7.2':-9
3.811
10,438
3,459
yr "
300
3,753
14,665
Sugar
3,873
27,478
eib
65,173
25
8,459
1,611
Tobacco
Cr. turp
bbls.
Spirits turpen.
:S
;
Pitch
445
352,306
1,101,628
Breadstnffs—
bbls.
Flour
" ^
«
n]ds
Ashes
'.S
for the
HJ
:
is
—
?p
:-a
11
>» « tf o <" 5_:
fSfc cdcaooe
00
c
CO
c
1
,
.
mE
1S70.)
Jftnu.ry 29,
CHRONICLE
119
SILK-
OONPOWDER-
UENEnAL
PKICES CUflKENT.
ti 90
Vlb.
Pot
a
S
5H
BltBA.D3TnFFS— Beeipeclal report.
UUILDING MATKK1AL8Brtck^—OommoQ
PhlUdolplila
CVfn«nf— K'pfteiidaie
i(im«— ttockland, r.ommon
Kockland, flnUhlng
Liimtmr—ioathfrrt pTi«..«i
White pine box board!
•
a
a
10 a
10
90 «
M a
00
28
110
bbl.
%t
1
"
1
1
loi't. 20
M
Clear pine
45
38
75
Oakar.daih
Blactciriilnut
Spruce boards ft ntanlEB
Hemlock boards ft planks
ClIncb.lH to
3 In.
ft
00
00
00
OO
00
00
18
16
2 90
4 75
? i5
3 23
eh.* keg
longer
*a(i«-;i)<a60d,pom,ren
ft
Iddne
Catsplkes.aHalzeB
PWnM— Ld.,wb.Aiii,pnre.lnoll V »
Lead, wti. , Amer., pure dr7
ZIoo. wh.,Amer. nry. No. I
BOTTKK-( Wholesale
Half llrklnB(i<:ast°n>
£Ood,y
Weslern.good to prime
lb
"
18
1«
<3
«
37
31
2<
23
II
•
U
s 2.va
12
*.«^
liOi
Klo, ord. car. 60 days and gold.
do
gold.
do fair,
do
gold.
do good,
uomingo
J)
gold.
gold.
CoataRtca
COPPKK-
"
-told.
"
gold.
goid
Bolts
Bheathing.new (overlS oij
"
"
^
a
9
16 9
... a
35 COft
3Ma
a
a
33>ia
gold'.
Madder, Dutch.
Madder, French
Nntg«ll8,blne Aleppo
cnr
01; vltrioU66degree8)„
Opium, Turkey ....(In bendj.goid.
Am. .cur
5'<a
,
FRUIT-
70
1 20
1 75
new
51
S12X
a Km'
new
63Ha
*
„ 111X9
2 80
a
...a
k«
5«a
21
'
'*
.
.
12
Canton Ginger
sardines, V nf.box
Bhrdlnci.
or box
Macaroni, Italian
11
case.
....a
cnr '
DomMtic Dried"
State, sliced
do quarters
Western, quarters
Peaches, pared Western
do Ga. gool and prlmi*
do
do N. Carolina, prime
do
do nnpared, halvesand qrs
Blackberries , new..,..
lox
3 05
7X
2JX
e 00
am
IV
....a
14
9xa
7V<»
9X«
i »
sxa
10
«a
14
a
12
28
22
'8X
i6
13
ton. 190 90 a2t5 00
135 00
lano
_
00
gold. 220 'JO a'2'2is 00
" 260 00 62:5 00
Vlb **
7 a
7W
4Ha
IK*
Biaal
•-«
uo'ior OQtton.
"
31
S3
40
2
:•.";?
good itrd.» J^V'
hoi.
12>iJ
bag
Western.
„
*
.
Cotton seed, crude
.
Olive, in casks* gall..
Linseed, casks and b"''- •
Menhaden,
prime L.
I.
gal,
'•
2.5
2 25
2 ll'/,
42 00
51
1 JO
Sound
;•
85
1
25
63
5U
15
75
70
60
90
01
.,...
1
V Inter
I
1
PETROLBUM—
f
Crude, In bulk
1 65
8Ka
gil.
07
8X
ISM a
* bbl 20 CS
Pork, mess
.....
Pork, extra prime
Pork.prlme mess, nominal ..
11 00
Beel, plain mess, new
12 OJ
Beef, extra mess. "
24 CO
Beef hams. West. sum. cured.. "
* ft.
11
Bacon, Cliy long clear
US
«
25
«
16 00
20 CO
II 50
12 50
25 00
®
a
a
a
(10
iix
14 at
12 X a
"
4H
»
Carolina, falrto choice
Louisiana, good to prime...
Rangoon,
Patna
in
bond
gold,
l"'' ib.
*
SALT-
3 so
„
¥
,
8ALTPETKE-
fi
sae^k.
a
7xa
I*,
buth.
•"••;.•
Turfca Island
Bt. Martin's
Liverpool .TBrloos aorta
"
....a
I
33
13
Clover, Wfiatera...
Timothy
Hemp,
'H
6V
2 S3
7X
ilU
2 50
12',
2X
»
14
2 50
U4iseil (}«rci\itta>'U»'(6la(tl«ae).
,„
„
8ffll3
V*
7^a
7K»
8H«
8xa
7
6X
7X
»x
a
a
Fva
'a*
10K«
9Ka
10
lOX
•
10
ft
:wa
6va
,„.,,
7X
8V
lOVa
^""s
... B
lOX
}l}i*
a
10
9«a
;>;•
,»•
Kxtrafinetofincst
M
37
-49
79
29
37
59
45
eo
ts
83
52
75
1 15
90
.8
40
60
to (air
do
S5
92
-.5
110
1
f>
m
f'
10 fair.
Sup. to fine
do
Kx flnetoOnest..
do
do
UncoloredJapan.Com.to lair..
Sup'rtotinn
do
Kx.flnetoflnest....
do
Oolong, Common to lalr„„
do Superior to fine
do Ex fincto finest
do Choicest
8onc.*Cong..Com.tofalr
Sup'rtofine
do
Bx.flnetofineat
do
rto
Straits
i8
2.
a
a
a
a
87
sj
"
»
»
»J
..
English, refined......
Plates. l.C.charcoal
Plutes.char.tornc
*•»
Kentucky Incs, heavy...
"
leaf,
.,i!
Seed leaf— Conncctlctit wrappersTS
ueeuioa
uonn. ft Mass. fillers, "73.
18X
7 50
IBS'
7 75
700
725
B
10
brUht work
„*»
^^.
American X\.........
Amcilcnn. Nos. 1 ft 2
American, Combing
Extra, polled
No. 1, Pulled
Calllornla.SpringClIp-
a
w
u,
m
a
a
a
9X(*
20
H,
17
25
Manufac'd.ln bond, black work
a
a
a
a
a
26 a
«
n a
19 a
IS a
,a
39 •
43
42
rs
36
2-1
Superior, unwashed
Medium
.•
*"\
Burrv
South Am. Merino unwashed
Cape Good Hope, unwashed
Texas, fine
Texas, medium....
Smyrna, unwashed
..•
S3
5S
70
95
32
50
75
24
-
'72
fine
navann.com. to
37
SI
"
TOBACCO-,
Pennsylvania wrappers.
20
34
48
75
2)
26
Nominal.
81
49
60
2a
gold.*1b
^D^a^ca
9»
»xa
fair
PysonSkln.&Twan.coin.
WOOL-
l^
»>•«
(.0
••
1^
a
a
a
7
5
;h»
'
••
8 S-16
D-16a
7!4«»
;
»
^Sheot
*
18
45
S
S5
105
SO
50
48
to
fS
44
32
S7
S2
22
20
as
n
••
11
gold
FBKIGHT8-
ToLlVKKPOOI.:
Cotton
Flour
»!
1
B5
1
WH»
t. d.
bbl.
*
'""•
14K
SOJ
on
1 !0
1 6i
ilOO
W1i«at,b1tlkfthagl..
Com,b'lkftbg8.*l>u.
Beet
rort
»T«A«
».
*
»'«••
"X"'
Eva
lb.gold.net
.--
Heavy goods. .*ton.
lb.
..Vbuata.
foreign....
S
Coarse
5X*
do'd
Nitrate soda
SEKU-
lb.
'•
*'
..
23
»•
l{eflned,puro
Crude
*> Ib.
.."
v
»
10
to fair
Sun. to fine
9K
Lar,', City steam,..
9xa
,
1 95
1
"
Refined, stantiard white
Naphtha.Clty, bbls
.J*
lox
I.H
I<
6f1
1
•
.•
Neatsloot
Whale. bleached winter
Whale, Northern
Sperm, crude....
Sperm, bleached
Lard oil. Winter.
a
a
lOX*
Imperial. Com
9X
car. 44 50
OILS—
6i<a
»
Snp.toflne
do
do Ex.flno to flne«t
do Choicest
a
7 CO
H
i4V(i»
A
Bnnpowder.com
7xa
175
3 3TX »
a
>2B
a
10
I
Super. to fine
Kx.llneto finest
Choicest
do
do
do
37
1 6.
2 S7H
2 12i4
5 50
7 2r
"
"
2
a
;-.A
1 60
OAKOM— navy to best quality,..* lb.
OILCAKEgold
city,
"
crushed
Toang Hyson. Com. to
43
53
00
2 23
-
low
wludowgla'S
a
a
"
s
2» •
cnr.
Cholce»t
4-.
...
-
1
W
M
700
SCO
to fair... .cnr.^lb
Superior to fine
Extra fine to finest
.HJ
a
a
8V
10
30
23
2U
;
2-i
Hams.smo'ced
iix
11
CJ
.10
40
48
Vbbl.
good No. 1
to go
2 to good No. 2
pile to extra pale..
low No.
low No.
"
••
-.
19
Store Price;.
Be/);i«rf-llard.
do
m a
PROVISIONS-
....a
new
¥
2 65
isxa
20
••
Appies, South, sliced, 1873 crop, fiib
'*
quarters
do
i^QN^IBS.—See repQrt
mi
2? 00
2S
20 00
17 00
a
a
a
9
new
new
Dates,
Manila
a
15
Valencia, new
Loose Muscatel, new,.*,
Unrrants, new
Ottron, Leghorn, new
Prunes, Turkish
do
French, new
lo
do
•
"
—
**
uyson, Common
do
34
35
"
,
U
gold.
I 90 «
*M
» « a
g.I!
Prime city
Western
S9
S3
a
34
.
9
Brandy, foreign branda
Rum— Jam. ,4th proof
St. Croix, 3d proof
Gin
OomesUc Ho«of«—Cash
oiT
di.
do
White extra C
do
Yellow
Other Yellow
26
2!
26
27
„
•
Pitch, city
Spirits turpentine
Rosin, strslned to
'•
....a
3
••
tt
.
TALLOW-
a
a
a
a
a
a
22
.OJH
44
i«
8PIRITS-
do
..
.
Barbadocs
Demcrara
Porto Klco
H. O., C5m. to choice new....
••
1 3.i
IS
Layer, new
Italian
U
2'>i
a
a
,
Cuba, Mn»., refining grades.,
do grocery grades.
do
Tar, Washington
Tar, Wilmington
""
'
fl
6 OG
26
31
26
>i
rough
Slaughtercrop
Oak. rough
foias, crop
NAVAL 8TORE8-
a
North Klver, prime
7M
5
23
33
•
l3Ma
Cloves
do Btemi
Bard, oowderci
do grannlateu
do cut loat
Soft white, A. 3tjinaara cenirit...
(X)
:5
'.13
•
13^*
no
00
9X®
^
_
Cuba, centrifugal and mlxed.» gal
"
Cuba, clayed
8.!<a
FLAX-
«
<!«
,.W lb.
MOLASSES—
«>ia
a
a
America), undressed
RuBBla, clean
45
35
\a^a
,
gold
100 lbs,
..
^ _ ^, ^^
Hemlock, nuen, A're»,n.,m.«1.1»B>,
CuUfornla, h., m. ft 1..
"
m. ft 1
Itlde.h.,
comm'n
37>i
.30
Oeorge's and Grand Bank cod.pcwt 5 '00
Mackerel, No. 1 shore (new) pr. bbl 26 00
Mackerel, No. 1, Bay
18 00
"; 16 00
Mackerel, No. 2, shore (new)
Mackerel, No. 2, Bay
i« 00
American dressed
•
28
fijg
#
Ordinary foreign
*
HH
I
99
Brazll.bags. U.S. Nos. 9(911
Java, do. U.S., No«.10«12
Manila, fuperior to ex. sup.
N ().. refined to grocery grades.^.,.
12
@m
(a 48
a 67
85
'•
a,
'*
4 23
ton. 35
LEATHER-
26
2(1
common
Plums
175'
a
m
*
i:j«®
J)<@
00
"^^'f^S?
00
.
23
25
-.
82 50
Sheet
a
12
28
^old'.
«;
(julnlne
cnr.' 2 13
Khnbarb, China. good topr..,. '•
f^
Sal soda, Newcastle..^ lUJ lb, gold ] 32
Shell Lac
if,
]fc
40
Soda aab.ord. to good. ^ 1(J0 R. gold 1 9"
Sjigar of lead, white
ifi lb.
18
vitriol, blue,
HKMP AND JUTE—
4 25
a
17
bond.V
Doraeatfc.
Bar.
a
7
<•
Rispberrles,
Cherries
22X
a
«xa
•«
ginseng
cnr.
«•
Glycerine, American pure
Jalap
gold
paste,
Calabria
Licorice
cnr.
."
(jlcorlce paste. Sicily
Licorice paste, Spanish, solid., ""
.gold
do
do
do
2X
ai40 (0
(gli'jso
(9133 .iO
'"50
8beel.slngle.donhIefttreble.com.
In
.......
20 i«
(313? 50
ton.l3(i 00
Hoop....
Sheet, Uufsla. as to assort. .gold ^ib
EngUsh gold.
American
a
a
a
iiO
...29 50
Store Prlctn,
Scroll
«a
45
,
9va
16
Steel rftUa
MO
Mice
Nntinegt.BalavlaandPenaDK
Pimento, Jamaica
Melado
Hav'a, Box.D. 8. NoB.7®9
do lOai'^
do
do
do 1S(S1S
do
do
do 16(iJ18
do
do
do ICQio
do
do
••
white
do
do
Porto Rico, refining, com. to prime,
grocery, fair to choice..
do
a
'U CC
It
SX4
'
do centr.hhdB.ft bxB, Nos.
Molasses, bbds ft bxa
iixa
ton. 23 OO
a
a
10M4
do fair to Kood refining.
do prime, refining
do iair to good grocery.
'•
?1
...
tiH*
:•
Ouba.inf.to com. reCr'ig ....V
'•
*
a
a
63
4 20
22
'
Prusslate potash, yellow.
Quicksilver
plg,Amerlcan,No.I
....a
American cant. Tool
American castitpring
American machinery
Anicrlcan Oarmar spring
lu
...
:«l
una
8DGAU-
"
Pig, American, ho. 2
'
20
a
a
i< a
Mxa
...
a
15 a
"
"
Pig American, Forge
Pig Scotch
Ib.gold
Kngll3h,caBt,'2d*lstqualily VJgold
English, Bprlng,2(l ft Ist quality.. "
•
Kn.jll«li hllrtcr,2dft Istquallty..
"
Enyllfth iiKichliinry
"
'•
1st quality
English German, id ft Ist
cur.
American blister
18
do.... cnr.
Texas,
i./.««x:*— Calcutta slaught... gold
"
Calcutta, dead green
"
Calcutta buffalo
do
17
2>
20
20
"
.,,
do ...
do...
California,
Balls,
Cream tartar
do
Para.
i%9
i
"
"
Bar 8wedes,ordlnaryBl2ea..«)
'
20
"
V
Popper, BatavU.
Slnaapore
do
do
white....
tlassln, China LIgnua
do
Batavia
OInger African
do Calcutta
8TEKL—
a
a
19
IH
ft
9 00
• 7 40
• 7W
19
110
cnr.
Whiskey
1«>4«
"
do....
do...
ir«l.?nK«<'—Btten. Ay, selected
a
....a
23 a
Argols, crude
gold.
<•
Argots, refined
••
Arsenic, powdered
Blrarb. soda, Newcastle.fi 100 lb "
••
BIchro. potash
fit,
••
Bleaching powder....^ loo lb
Brimstone, crude, per ton
"
Brimstone. Am. roll
«A
Camphor reQned
Castor oil, U.l. In bond. »eal..goid'
^t ];'o ib
"
Caustic soda
Chlorate potash
••
yib
••
Uochtneal, Honduras
•<
Cochineal Mexican...-
a
B. gold. 7
100
AlcohoU»0perct)C.*
S3
20St
*'
Babla,
30
n,
20
7:
"
"
Savanllla,
a
18
a
"
no....
do....
Pernambnco,
n,
^
Oambler
do...,
do..,,
do....
do....
Maracalbo,
Bahla,
SO
6
SO
-,:
24
2:
Z)ri/4Sal(«(l— Maracalbo, do....
:!o,...
Chill,
15V »
COTTON— rfee special report.
DKUQS ft I)YKS—
Oabebs, East India
Botch
»I10II»
aiDBS-
Matain. and Mez. as they run
iH
"
"
Braziers' (over 16 02.)
American Ingot, Ijake
Alum, lump
4
4
California.
nva
is«a
u a
24 a
19 a
It a
r^
**
25Ib
USD kega
Grande,
Orinoco,
ltV9
"
gold.
gold.
gold.
Bavanllia
».
•
keue
Fg, FFg, FFFg.
rifle,
Itlo
ITOOd 1800
OOPPKR—
Laguairra
rifle In
62
4 75
2
2>ry— Buenoi Ayres,8elected.«'Ib(old
"
do....
Montevideo,
11
Aothrtictte (by cargo)
Liverpool gar caniiol
Liverpool bouse caunel
Sultanii.
kegi
Dupont'
30
1
COAL-
AalsluB, Seed less,
Hazar rs Kentucky
7M
lb.
CHKESK-
2 62
r.'klb kcza..
Tttle. Fg. FFg. FFFg. 251b
ri(^e."Fg.
Orang.^
12
"
k-'gs
t^Xi
4
SPlCKS-
3 44
3 41
3 44
6 88
8 88
45
45
FFFg, FFg, and Sea
Hazard's Kc
Shooting Fg.
ituckv rinc,
Shtop'cg
•
....a
"
do prime, do
Java.mats and bags
Native Ceylon
Uaracalbo
FFu, FKFg. liXIb
Corrlentes,
"
factorjr, (air to
rifle,
CctDgonn..
I
Forelgn
Domoatlc
".O
I
1
lUX
a
'
••
oval cani
In 1Tb
Sli.iotlug, Nis.
Duponf»
Prlce»)—
Welsh tubs
Se V Htate
!0
22
70
^0
9
%
8PKLTEU-
Kagle duck snooting, No<. 1 to 3. Vina kega,
Duck Shooting, Nob. 1 to 5 gr-.l^XibB
Hazard's Kentucky r.llo, Im ovuI lib cans
Dunoni'n ride Ke, FKk, FFFg. lib cai.a
14!
Dilponfanlle, FFg. KFFg. 6kft8
Hazard's Kentuckv rUlo. FFFg, FFg, and Sea
115
Shoot ng Kg. evib kegs
5 50
^
com tosel.V
"
Welsh tubs,
Halfflrklne(Wesfn)
'
4c
lb
1
to 9. In lib cans
ti 9,ln«WIbkegs
EajliMluck Bhuotliie, Nos. I to 3. In 6^ lb kegs
Orange ducking. Nos. I to 5. In 6^ lb. kegs .
OU
00
00
00
""
00
00
00
00
(0
32
19
21
55
20
3
9
Cine, vh., Amcr..No.l,lnoU
Parli white. Knit. prime eold»lWib
Figs,
I iio
grain. In
5
Diamond grain, In in cans
Orange lightning, N01. 1 to
Pack
UU
fv ou
1 JO
14
a
a
a
a
a-
15 90
H
do
do
7, in lib cans
Bnpertl:in eagle sponliiir, In lib oval cans
to
1
Orangedui-klng, Nob.
700
8 SO
U
WhUeplnemerchaa.box boards.
Bt.
100
100
Nob
AmtTlrnn sporting.
liard,atlo*t
Croton
'
sq. cans
Electric.
&1HR8-
« ro
4 •iK*
4 75
Canton, re-reeled No.
bpohtin*!.
•
9 00
Tayanam.No.l
800
do
do
Saltpetre
»»
Tsatlce, Noi. 1 to 4
Tsallee, re-recled
BLASTIXn, FOR BAtLKOADe, AO.
Podn, any Size grain. In 25n kt-gs
«.
!4a
3
S2 6
5;i
(»
1~'
*• ».''•„
9-sa
2 9
ua
SiCSO
a....
a....
8 a....
s
60 a
40
...
voo
20
8
8
4 «
33
V
rf.
9-72
120
THE CHRONlCOl
Commercial Cards.
D wight &
John
[January 29, 1876.
Commercial Oards.
Co.,
&
George A. Clark
Cotton.
LXHHAH, ABRAHAH
Bro
Now
miLW^ARO'S HELIX NEEDLES.
&
Co.,
cointnissioiv inEnciiANxs
337 and 339 Canal
NEW
Yokohama and Hlogo, Japan.
&
And
kinds of
all
COTTON CANVAt, FELTINO DUCK. CAR COVER
ING, BAGGING. HAVENS DUCK, SAIL TWINES
&C. " ONTARIO" SEAMLESS BAGS,
MP0RTER8 AND DEALERS
"AWNING
IK
COFFEES AND TEAS.
full
supply
all
Widths and Colors always
Onane
N«. 109
In stock.
Street.
AGENTS FOR
ALE CLIMATES.
W^ashlnston
iPROViSlON UEALEKR AND IIANUFACTUKKR
OF LARD OIL A D STKAKLNE.
F.
Mayhew &
LB.
Co.,
J
PATENT SPERM, PARAFFINE, ADAMANTINE, HOTEL AND
RAILROAD.
!!!
W. DAYTON,
ST.
Co.,
iniSS.
Orders to purchase Cotton in our market solicited
NORTON SLAUGHTER
Refer o Messrs.
York.
CO
ft
New
Irvine K. Chase,
COTTOSr BEYER,
Canton, China.
Rkpbssekted Br
OLYPHANT
R^CE!!!
dc
li>4
NaskTilIe, Tennessee.
Co., of China,
Wall
St.,
New York.
Henry Lawrence & Sons,
KHfKKBNCM.-FlKST NtTlOWAI. BAHK. NaSBTH.K
JOOX
niANILA, SISAL,
JUTE & TARRED
CORDAGE,
FOR EXPORT AND
DOITIESTIC USE
GANGS OF RIGGING MADE TO ORDER.
192 FRONT STREET NEW YORK.
Orleans
Gunpowder.
8.
BICBABDS.
GUNPOWDER
E. S.
Dupont's
65
Bailey,
Whitlock,
Nos. 105, 107,
&
109 Morton,
and 618, 620 & 622 Washington
St.,
CAPACITY, 13,000 BALES.
wn
WALL STREET
&
COTTON STORAGE
Rate of Storage,
Financial.
WILLIAM WHITLOOK.
Richards
MANUFACTURERS OF
Sons,
109 Wall Street, New York.
AAger'M Wharf, Charleston. S. C.
New
Cotton Factors,
Hons Kons, Shanghai, Foochonr A
WAX AND BEESWAX.
10 roiit l Street,
CHAU^Cai
CmtSTNUT Steickt.
Eggleston,
VICKSBURG,
COMMISSION MERCHANTS,
use.
Dan Talmage's
230
&
Lamkin
_^^p_^^^I5
Olyphant &
CANDLKS— SPERM,
OILS,
Partlcu'ar att ntlon given to the execution of orde
for future coutrac;s and the purchase of merchandlas
Saratoga Victory ITIfg Co.
BOSTON
Street,
MANUFACTURERS OF
OILS-SPERM, WIIALK, ELEPHANT & LARD.
PARAFFINE
com, sc.
IWIllt.,
NEW YORK.
« * « WntTH STK-T.
140 Front
For Export and ITomo
General Commission merchants,
183 PEARL STREET, NEW TORE,
Win keep accounts with Country Banks and Bankers.
make collitctions. Issue ecrtlflcates of Deposit,
aad
Barlln:;toii AVoolen Co.,
Chicopee .llfg Co,,
Ellertoii New Itlllls,
NEW YORK.
1841.
Moody & Jemison,
BANKERS
AND
attcDd to the sale and purchase of Bonds, stock!
LARD PACKED FOR E.R.Mudge,Sawyer&Co
ESTABLIS HED
Orders Promptly Killed. Liberal Cash Advances on
Consignments to this Market, New York and LiverAttentlm gWen to Collecllon and
EJ^^.^J""^',".'.
Prompt Remittance made on Sight JCxchauge at Low-
Also, AKents
A
Co.,
COminiSSION JtlERCIIANTS,
STRAND, GAI.VESTON, TEXAS.
STRIPES."
United States Bnntlns Company.
JEWELL,HARRISON
& COMPANY.
PURE
&
Hearne
COTTON FACTORS AND OENERAL
COTTONSAILDUCK
Co.,
FRO.\T STREET,
JItS
Co.,
ftCO.,
Exchange Buildings, LlT»rpool.
,
Manufacturers and Dealers n
New York.
Street.
G. Arnold
B.
&
CORLISS,
York.
NBWQASS, ROSENHKlM
_,
BrinckerhofF, Turner
KKPKESKNTED BY
OBH Pine
New
street,
YORK.
—
s
AND
coininissioN itierchants,
133 & 135 PEARL STREET,
W». 11 Old Slip,
York.
The jODoing Tr«d<> ONLY SnppIIed
.
BRO'S,
Cotton Fa c t o r
OF
SODA.
New
E. IV
Lkhhah, Odbb a Co.
Montgomery, AU,
LEHMAN
MANUFACTDRERS OP
SUPER-CARBONATE
Smith, Baker
& Cc,
Orleans, La.
15-15.
Fire Insurance Lowest Rates.
M^?„"''T,"?^*r"/,''.'''"=!!* Travcrs.
'^°,- 1^0. 1 w
*
No.
miam
17
William
s-,.
R.M. Waters
y,""'?f
Cj ,56 •J*""=j^
*
Broad St.; Philip Henry, Jr.. ilo. loS Pearl
St.; Adams & Whitlock, No. 5i South
St.: Charles
St.:
Hyllcsted* Co., No. 7 Bonth William st.; VN'«lterT°
Miller & Co., No. 5 Hanover St,; Dennis Perkins,
No
A. Easton, No. 141 Pearl st.
117 Pearl St.; Charles
Dealer in
SPORTING, SHIPPING AND MINING Fire and marine Insurance stock
and Scrip
"SPECIALITY."
BLOSS & INCHES,
COTTON FACTORS
POWDER.
AND
Caeli paid at once for the above Secaritlcs
; or the
Will be sold on commission, at sellers option.
GENERAL COMMISSION MERCHANTS
DUPONT'S GUNPOWDER MILLS
128 Pearl Street, New York.
MEN AND IDIOMS OP WALL STREET
(ESTABLISHED IN 1801
)
Have maintained
Celebrated
grcit repntation for 75 years.
Manufac ure tlie
tlicir
EAGEE DUCKIIVG
E.AGEE RIFEE, and
Is a new 72 page book giving the highest and
lowest
prices of stocks for 15 years, complete list of
defaulted
lallroais. Black Friday sketches cf leading
ocer^
toi8,and the method of dealing on small fums
money. Copies sent free lo any address. Oraers of
stocks and Ho :k privileges executed by mall and for
graph, collections made, money Invested, and teleInfer
"iwr
mation g
JOHN HICKLING &
DIAMOIVD GRAE\ POIVDER.
The most Popular Powder
in Use.
Bankers and Brokers,
Tumbridge
L\G PO\VI)E«,
BROADWAY,
K.
&
T
Represented
KBW YORK.
Buy and
PUTS
Sell
and
Co.,
Stocks on Margins or for Cas
negotUltd at the lowee
CALLS
market rates;
1
$50 for SO shares, $100 tor
00 shares. Thirty-two pa^re exolart tory pam.
pUet nulled on
application';
NEW YORK FOR THE BALK
OF TUS
CELEBRATED "ARROW"
"The American
S.
BANKERS AND BROKERS
2 Wall Street, New York,
F. L. Kneeland,
70 W^all Street,
73
SOLE AOBNCY IN
TIE,
MASUFAOTURKD BY
CO.,
A.so,
SPORTING, MINING, SniPPINC AND BLAST
Of all kinds an.I descriptions.
For sale in all purts of tlie country.
en by
Cotton Ties.
Cotton-Tie Company'*
LIVERPOOL, ENGLAND.
M. S^YENSON,
«ew York.
SOLD OF
INGERSOLL'S
HJND AND HORSE-POWER PRESSE
80 Wall
OVER
St.,
6,000
Thcv have a world- wide renulatlon and a snperlorlt
ovei all othsrs lor balinE riay, Cotion, Kags
.
otherklndsof material. For price Ylarkrid"Vuiand
info
matlcncallun or address themanufai turers
INGERSOLL & BALSTON,
GREENPOINT (City
cf Brooklyn), b,
I
THE CHRONICLE
January 29, 1876.]
Ootton.
Ootton.
&
Ware, Murphy
Ootton.
DWABO M. WBISBT.
Co.,
aUO.
JOBH
DCBB.
Ordera executed at the Cotton Kxchaoges In Now
York and Liverpool, and advances made on Cotton
and other Produce cuniUned to them or to their Ilro>
AND
AKD
dENERAL COMMISSION MERCHANTS
General Commlaalon Merchanta,
No. 39
XEW
SI 8T0NB STREET,
BptcM
attentloa paid to
tlii!
YORE.
cxecutioa of order*
BROAD STREET,
&
6S Beaver Kt. ic 20 Kxchanee Place,
OKO. W. WILLIAMS & CO
1
,
A
New
T« IVall Street,
Bankers
York.
<St
Coimnlsslon Merchants,
0UABLK8T0N,
AND
Bliss,
made on
contlffu
&
Co.,
6c
Tobacco and Ueneral Commlaalon
Merchant*.
Advancca made on Conslgnmenta to
LONDON AND LIVERPOOL.
Du
W.
York.
Street, Nenr
COMMISSION MERCHANTS
NASHVILLE, TENNESSEE
SprtClal attention given to Spinners' orders.
i;oadcnue solicited.
31
F-INliAY
Co.,
COTTON MERCHANTS^
97 Pearl Street,
Brown'a BalldluKa,
NEW YORK,
CO.,
ic
AND GLASGOW.
COTTON
eonslgnmsnts of
purchase or sale of (utuie shipments or deliveries
FINtAY, IVIVIR &
CALCUTTA AND BOMBAY.
KUTUKE CONTRACTS FOR COTTON bought
New York and
Stone street,
and
Nev
SON, 64 Baronne
Liverpool.
Adams &
Eakin,
atlorded by our friends, Messrs. D.
New
Wm.
&
51
ft
Miscellaneous.
Joseph Bachman &Sons,
REPUKSKNTATIVKS OK
&
Co.,
Gorham Mf'g Company,
Peet,
BANKERS AND COMMISSION MERCUANTS
STREET,
No. 58 W^AI.1.
Neiv York.
Sterling
Advances made on Consignments.
lion paid to pu. chases or sales of
NBW YORK
E. Rogers
Co.,
OIVKN
New Orleans.
Robb &
York.
con MISSION AND
COTTON MERCHANTS.
1841.
Bills of
and
Co.,
Cotton futures.
BANK, LONDON
Exchange on the CITY
HOTTENQUEB &
'*
PARIS.
CO.,
Silver
AND
Special atten
Fine Electro Plated Wa re
MAIDEN L«nR. NICIV YORK,
No 3
Kremelberg & Co.,
NEW YORK.
COMMISSION MERCHANTS.
D.
Kremelberg
& Co.,
J.
19 South William Street,
NKW YORK,
aovAjnm mad« upos oottox consiomkd to
BEACH &
Meava.
J. N.
LIVKRPOOL.
B. R.
&
Smith
&
Kremelberg
Co.,
&
Co.,
44 BROAD STREET, BOSTON,
Knoop, Hanemann & Co
AND
Liberal advances
COMMISSION MERCHANTS,
York.
made on contlgnments. Prompt
63 EXCHANGE PLACB,
persDiial atleutlou paid to the execution of orders
for
the purchase or sale of contracts for future delivery
toe
Laer
&
HOUSBS
Co.,
COTTON BUYERS,
friends lu
Mew
A.
&
CO.
8UUTU WILLIAM &
New
es
Co.,
STONE STKiCBTS,
York.
HEVRV
John
HOK.
street.
8oi,«
tc SONS,
New York.
AoBNT
TO PRINTERS.
We
Keep on band the largest
stocic of
PKINTING TYPES
we alko
dtial in all
kluda of
new Frlntloff
Materlalt
&
Co.,
Geo. Bruce's Son
No. 13 Chambera Street, N. Y.
COTTON BROKEBS,
I
UI
n America, apgorted for iSnellBh, Freucb. Spanlsbs
and Portugese, which we selllu lou tu suit purcbU'
ers. at low prices for uiisb.
Walsh, Thomson
i
MANUFACTURERS' WAREHOUSE,
JOSEPH GILLOTT
YORK.
m
DEJTEKSET
Consignments to onr
York, daaton, Ptailadelphia, Llrerpool,
Havre and Bramen,
NSW
Mancheater and Liverpool,
OALTESTON, TEXAS.
Liberal Cash Advances on
STEEL PKNS.
Co.,
COTTON
COMMISSION MERCHANTS,
New
3.
BAI.TI.MORE.
Kremelberg, Schaefer
NEUr ORLEANS.
Co.,
LOUISVILLE, KY.
COMMISSION MERCHANTS.
las Pearl Street,
Kx'^hange.
47 Broad Street, Nriv York.
J£WELL,HARRISON
& COMPANY,
KSTABLISUKD
V Cotton
COMMISSION MERCHANT
COTTON FACTORS
BANKERS AND COMMISSION MERCHANTS,
33 Nasnan Street,
WATTS &
Sawyer, Wallace
Co.,
Futures executed at N.
In
Information
all
York, and Messrs. D. A.
Street,
Co.,
COTTON BUYERS * COMMISSION MKIICHANTS,
60 Stone Street, New York.
Orders
Advances made on consignments, and
CO.,
&
H. Tileston
and orders for the
Also, execute orders for Merchandise through
old on commission In
Trm CkroniOI.B
)iirl3torsof
Edward H.Skinker&Co.
LIVEKPOOLi,
solicit
Wensra.
Corre--
Hi P't:i KNOBS.— Third and F^ur'n National Uanka.
COMMISSION AND
&
C. Watts
Advances made on Consignments to
JAMRS
Wheless,
Ivery.
tiOMmSMIOIV MERCHANTS,
LIVKUPOOL, LONDON
&
COTTON
of Contracts for Future
for the purchase or sale
QENBRAL
IHeasrs.
HAOLBBOaS
Special attention given to the execution of orders
Henry Hentz
Hanover
i.
Cotton Factors,
indPi
5
F
MAITLAMD.
BROAD STREET, NEW YORK.
McAlister
Co.,
New York.
131 Pearl Street,
ineuis.
L.
Robt. L. Maitland & Co.,
)
COMMISSION MERCHANTS,
purchase or sale of contracts for luture delivery
advances
YORK.
GENERAL
Special attention paid to tlie execution of orders for
Liberal
B. C.
Bennet
Qeueral Oomtnliisloa Merchants.
of cotton.
NKW
>
Liberal advances inadu on consignments of Cotton.
Orders executed at the Cotton Kxcli inve lor ihc purchase and sate of contracts for future delivery.
Cotton Factors
tiie
Co.,
COMMISSION MERCHANTS,
SKAMUN'S BANK BniLDINQ,
No*. 74
of Cotton,
&
Williams, Birnie
Stillman,
L.
BOBBBT
No. 43
(sments.
Woodward
ALBXANUBR KAITLARD.
New York.
made on Consignments
CO.,
ic
LrVERPOOU
Liverpool and London.
in
BABCOCK
B. F.
Wool, Hides. Ac., and upon shipments to our friends
Liberal advancei ma'te on con-
i«llT«ry of cottan.
abroad.
4858.)
Liberal Advances
contracts for fu ure
for the purchase or sale of
Box
(P. O.
60 Wall Street, New York.
MERCHANDISE DEPARTMENT.
& Co.,
COTTON FACTORS
"
& Co.,
Babcock Brothers
BIOOABDS,
L.
Wright, Richards
Cotton Factors
B.
N. B —The Stock and Rond Tables of the Cokmbb.
AND Financial CflBONlCLK. published In a topplemeuc to that paper, on the last Saturday of each
Month, and orcupylng twenty-seven pages, are set lo.
Patent fUiatit
Miucc's Nouparlef.No. U, with Ui
and FracUous.
GIAI.
ME
«
CHRQNICLR
[January
2t),
1876.
THE
FINANCIAL REVIEW.
(
A ]V IV U A L
. )
1876.
CONTEXTS:
Financial Review or 1§75—
Retrospect of the Year
Commerce
Commerce
of tbe United States
of New York City
Bankiug Statistics
Banking and Financial Affairs in London
BiisincM FailnrcN in llic United States, 1873, 1874, 1875
Prices and Exports and Imports of Licading Articles of
Merchandise
Railroads—
Repiesentatire Railroads of the United States
Railroads in Default since the Panic of 1873
United States Land Grants for Railroads and
Waggon Roads
Railroad Karnlngs
Inveitnicnts of Financial Corporations In IVew
Inveitincnts and Speculation-
York
City
Investments
—
Interest Table Showing the accumulation of $L at various rates of interest, for all periods up to fifty yearn
Tables showing the rate per cent per annum realized on securities, purchased at various prices from 10 to 300
Stock Speculation
Table Showing the Interest Cost of Carrying Stocks
Componnd
.
The Money Market
Features of the Market
Prices of Call Loans and Commercial Pajjer,
Weekly, 1871-1875
Gold and BullionExports, Imports, and Production of Gold and Silver in the United States since 1860
Prices of Gold daily, 1882-1875
Foreign ExchangeInfluences on the market and
methods of quoting
Prices 1871-1875
Prices of Stocks and Bonds for a Series of YearsUnited States Bonds— Prices 1871-1875
State Securities
— Prices
1871-1875
Railroad Bonds— Prices 1872-1875
Railroad and Miscellaneous Stocks
— Prices 1871-1875
'
Cotton and Cotton Spinning in the United States 1874-5—
Movement and Crop, 1874-5
Cotton Spinning in the United Slates, 1874-5
Cotton
The above
for
1876,
is
a
summary of
,
the Contents of the Financial
published at the office of
the
Commercial
Chronicle and Hunt's Merchantb' Magazine, 79
Ready about February
1*IMCE,
8i
Financial
William
street.
10.
--..
To Subscribers
&
and
RcvieW
of tUe Chronicle,
WIIUAM.
-
B.
«...
DANA &
I»
^S 00.
i
SO.
CO.,
<
CJBH $ HERS.
.
:
:
THE.
January ^9, 1876.]
(Via Qoeenntowu)
MAIL..
Morc'il. ata r. M.
KATKS KOU PAB3KNUKIt3 BKOUCKl).
Cabin,
to »S0,
StBfragn, rwi; rutonucdliil",
to^iif roo-". tituertt^<» ottlcc, No.29Uroiiu
»ll);
JIBI
accorUtrii/
No.
Wall itn'Ut.
ft!
AVlLLIAnS
Fbe General Tranmitlantic Company's
Mail Steamships,
BOILER TUBES,
IROIV
WBOUQUT mON TUBK8 i FITTINGS
of every dcecriptlon, for Oa«, Bteam, Water and
Ull, Steain and (lup Flttem' FiuppUet, Machinery
fur Coal tiaa Works, Cnst Iron Water
and Gas Pipe.
IMPROVED SUQAR MACUINERY, Ac, *C
OFFlCK ANU~WARKHOUSK
J.
(U. B.)
u
Satuiday, February 5
Saturday, tcbruary 19
IN OULU (lucludlng wine,)
|si:tO
and
ac
ordlng
to accommoda.
First cabin,
{110,
•loo. Second cabin. tTJ. Third, ftO.
•PKUKIliK, Diinre
LKOAIi, COU.
New
t^NDTICK.— with the view of dlmlnlshlni; the
chances of collision, the atctirnors of this Uac take a
sp'*cllleil
cour«e tur
all
seaaons of the year.
On the tiatwurd Passage fr-'iM y-.ieenstown to New
York or Itoston. crossing .Meridian of 50 ac 41 Lnt.. or
DollilnKlo the North of 43. On the lloinoward Pasag<t. crossing the .Meridian of 9U at 42 Lat.. or nothing
to the North of 4^.
TUK OUITiaU AND NOKTH AMBUICAN ROYAL
UAIl^STKAMBHIPS.
HICTWICKN
NKW YORK AND LIVKKPOOL.
CALLING AT CORK HARBOR.
PBOM NKW TOKK.
rSOV NKW TORK.
draw Bills of Exchange on London.
Agents of the
,
Broadway, Trinlt)
BuUA.ng.
CaAS. G.
FRANCKLYN
All business relatlnc to the Construction and Equip
ment of Railroads nn lertaken.
niANCHBMTBR
Works,
Locomotive
4UETAS
Klues, and Toola,
MANCIIKSTKU, N. H.
BLOOD, W. G. M.RANS,
Superintendent
Manchester. N. H.
W¥. BOBDXN.
X.
I..
70
&
Weat
11
LOVKLl
St.,
New
NAILS, BANDS, nOOPB
FALL RIVUr LINE
Feiruary 16
psasenger arcoiiiiuodatlon.
Si CO., Agents,
No.
Wall Street.
St.,
FUOVIDKISCU LINK
(dire).
Stoainsnips KLKC I'UA and UAL<M KA liavePler
/I. N. R., fool of Park Place, 4aily (except snnday^} at
M
JMrect conrieotlon to Worcester and points beyond.
} lOlghlB via either Hue taken at loueii ratet*.
U. s. BABCUCK, Presideot,
t»
W. riLKUm, (ieneral Put. &v«U(.
4J8,4i9nO
7,8i8 08
413,617 41
and
other Companies
77.915 00
tl,0i8,5-»
A Senii-Annual
1
t«0,670
Dividondof
FIVE
(5)
PE.t
(>S
CENT
bo paid to the stocl.holdera or their li-gal repre
on and 'after Tuesday, February 1st
James Frcoland
Samuel WiHets,
Francis Hathaway,
Kob> rt L. Taj lor,
William T. Frost,
William Watt,
James D. Fish,
Ellwood Walter,
D. Colden Murray,
John I). Wood,
Geo W. Henolugs,
Henry Eyre,
Samuel
L.
Aaron
L. Keid,
Josi ph ^*lag^,
Edward Merritt,
Daniel T. Willc'.s,
Iliury R. Kuuhardl,
S. Williams,
liurles Dinion.
Paul N. Spollord,
Jaine:? Douglas,
Ham,
John
Brycc Gray.
N.'L McCieady,
William Nelson, Jr.,
Harold Oollner,
Josep Wilicls.
(
'
William B. Scott,
Ueury DeUivera.
1
Ilenry J. Scudder,
STKAVlEliS.
suitable
for
Ships,
iilcks, Inclined
ELLWOOD WALTER,
I'lesident.
MONTGO-MEllY, Jn., Vic -I'rcs'l.
ALANSON W. IIEQEAIAN, Sd V. Pres't.
A. G.
aB«
lilgglng
Hoisting
Lar^
P
tnes,
Stock
Mining
&c.
A
noaaUntly
on
Pm'{..>aes,
hand, from whicn any desired
lengths are cut.
JOHN W. MASON &
CO.,
43 Broadway, JivM \ttk.
Insurance.
C. J.
DESPiRD, Secretary.
Buildingf,
OVKRIJVNU BY RAILROAD, and Marine by
Steamers to Europe.
in
all
the Principal Uiltes in the U. S.
STEPHEN OUOWKLL.
WUsUAil
Ins.
aid
Co.,
OP
LONDON AND EDINBVROll.
U.11TKD STATES B1U.KC1I,
Si Wllliain, Cor. Ploe St., New York.
Capital Ftid np • - Grose FIro ReaorTO •
Net Lire Aenete - - -
$10,000,000
3,700,000
13,300,000
^-.{7,
The Company's actual
Kroidway, Cor. Dey Street, N. Y.
ASSETS, July 171875, §2,333,493.
INSURES COTTON A^INST LOSS BY FIRE,
Agendo
Mercantile
Total
OF BROOKLYN.
Western Uuioti Telegraph
British
000,000
New
Tork,»l,6U0.l)(lll.
Insurance Company
Office,
The North
Gross AS°ets held by Board of Uanagement In
PHENIX
Line.
dally (except SundaycJ, at :30 t'. M.
Through tickets to p liicipal New hueland points at
RK. depo's and ticki-t olllces. State-I:ooiu8 secured at
offices of Westi'utl Kxptesf Co. and at H19 Itroadway.
4 P.
CO..
ISuspen^lon Bridges, Guys, Der
Reduction of Fare
FOR PItOVIDKNCK. NEWPORT AND BOSTON.
The elegant steamers RiloDK ISLa.nD
ARRA
GANSkTl and s ONiNUTON. leave Pier 33. N. R.,
37,3'J*i
TRUSTEE.^.
BOOS.
CHARCOAL,
:
B. B. of the very best quality
M
NBW YORK and PROVIDKNOK to 13
KKW YORK and BOSTON to fl.
the following Assets
United States, State, Bank and other
Stocks
Interest due on Investments
Premium Notes and Prcmiuma in
Agent.
Provl lencn M Stoiiliigton 8tcain«Iilp
CuuipauY, bettveeii ruenr Vork and
UOKtOU.
foot of Jay
:—
Wire Rope.
'
Stonington
The Company has
CashluBanks
H78.
York,
OLD COLONY STEAMBOAT
For JAMAICA a:id IIAYTI,
KTNA
January 32
February ID
For HAY 11, OLOMUIA. ISTHMUS OF PA.NaSiA
and SOUTH PACIFIC PORTS (via Asplnwall).
ATLAS
Februa y 2
Between
Uetweeu
AMD
$45,000 00
$
sentatlvo*,
FALL RIVER IRON WORKS COM'Y
LroD screw steamers, from
PIM.FOBWOO.
8T3,6<K IT
Paid Cash rebatement to dealerc.
will
CUMBERLAND COALS.
CLAKIIIKL
Urst-clasi*
$1,107,118 -M
:
Sclpof
BORDEN MINING COMPANY,
I
Superior
01,628 CI
Net earned Premiums
Paid during same period Losses, Commissions. Expenses and
course of collection
Salvage due,
AQBNTS FOB
BI-MONTULY SKRVICK TO JAMAICA, HAYTI,
COLOMBIA and ASPINWALL. and to PANAMA and
8 UTU PACIFIC PORT1 (via Aaplnwall.)
ANOlfS
$1,109,310 07
3l8t, 1875.
Reinsurance and
Borden & Lovell,
COMMISSION nBRGHANTS
Atlas Mail Line.
Fiiat^class, full-powei-ed,
tl..ni.aw II
Treasurer.
40 Wat'Tstipet. Boston.
SI'KEL,
Pier No. M. North Klver.
1,146,821 2S
Slst, 1816
Total Premiums
Paid Cash dividend to stockholders
Ang. l9t
IRON an
'
Ireen; for steerage passage, at 111
December
$«<,7
$2W,11$ 18
1
j
Outstanding Premiums December Slat,
1811...
Premiums received from January 1st to
Reinsurance, lees Salvages
Pa., for the sale of their
«
llshed lu conformity with the prjvlaiona of
CAinBniA IHON COBIPANY,
JOHNSTOWN,
8TGEL RAILS.
of
I
Parthla
York.
1
Wed.. Feb. 2 China
Wed.. Mch. 8
Wed,. Feb. 9 Parthla
Wed.. .Moh. 15
Wed., Feb. 1« Abyssinia ..Wed Mch Ti
Cambria
Wed., Feb. iS Java
Wed.. Mcli.M
Ja>a
Wed.. Mch. 1 Algeria
Wed., April 5
•Russia
And every following Wednesday and Saturday from
New York.
Steamers marked * do not carry steerage passengers.
litTKS or PAsajkOS.— Cabin, tSO, tlUU ^nd tmi gold,
according to accoiumodation. Tick' ts to ParW. |15,
gold, additional. Uetarn tickets on favorable termt..
steerage tickets to and Horn all parts of Kurope at
very low ratfs.
Throutrli bills of lacllng given for Belfast, Glasgow,
Havre, Antwerp and otlH>r parts on the ContlDPht
and for .Medlterr»'aean ports. For freight and cabin
fassage apply at the t:onipany*s ofllce. No, 4 Uowllni/
China
ST., N. V.
Nkw YoHK, January SJ, IS
The following statement of the aflair* of t
Company on the 81ft day of December, ls7!i, la
naiylst to December
Less return Premiums
MANUFACTURERS OF
LoeomotlTes, Stationary Steam En*
Line.
WALL,
Amountof Prcminmseirncd rrom Jan-
ST.,
Buy and sell Railroad Inveatment Securities. Co
Coupons and Dividends. Xegotlate Loans an<^
LOUIS DB BBBIAN,
Axenl, BS Broadivajr.
WILLIAM
lect
AMKUlgUK, Pouzjl)
FKICK UF PASSAUK
JCeturn tickets at reduced rates.
HtceraKe, tiG, with superior accommodation anit
IncludlnK all necessaries, wlUiout extra charge,
81 earners marked thus ' do not carry steersKO pas
senEcrs.
Co.,
BANKBHS AND KIBRCHANTS,
NBW YORK AND nAVKE,
reaaeli on this ravorlte route for the
C'JQlinent, (being more loutherly than any other,)
follow!
•ill lall from Pier No. 90 North Ulrer,
&
Kennedy
S.
41
CAJXINO AT PLVMOUTil.
. BaKNSS
laam. KKHMBDT. HKHBT K. BAKRK. JOUN
No. 35
chartar
OOLD &TUBBT, NBW YOUK.
No. IB
BITWIEH
The tpleudld
MERCANTILE
Mutual Insurance Co.,
LAPWKLDKD AMERICAN CUAHCOAL
GVION.
4c
ON L¥
Line
to France.
Direct
CuNARD
Co.,
MANUrAOT'JRXBS or
['.
s,
Inaurance.
OFFICE OF TUK
Paacal Iron Works, Pblladelplila.
Taaker Iron Work*, Nawrcaatle, Del.,
T U KSD A V
LKAViNO PIKB No.«« KORTB RIVKK. ni follows:
,K(l'). l.«t9;aiA »!•
WISCONSIN
Kel). 8. «l a P. M.
MONTANA
M.
Kel). Zi. at a
NKV ADA
roll. W.KtS A. M.
IDAHO
way. Ueacrjn>m<»
&
Morris, Tasker
OR LiVKRPOOL,
UAKOTA
CHKuNICLR
Hi
Railroad Material, &o.
Ocean SteamsUps.
UABRTINO THK ONITKD 8TATK8
1
:
President.
R. V'KUWfi;<I<, Sscrewry.
losses by
Chicago eonflagra
lion In 1871 were Vl.743.497 81.
The Company's HCtnal losses by Boston conOagratlon In '.STi "ere ».')tl3.6S0 16.
Yet the Coniimiiy pmd these losses at sight wllhou
borrowing >r sclllug ii single dollar of permanent ic*
vestments, continued regular uivtdeiids to their
stockholders, and at the end of 1!<T3 had cuttrely mail*
up (not In this country, however), the losses of these
two conHajratlons snd all othtrr, commencing 1!><4
with a surplus over tlUU.OOU larger than ever before.
Annual Income of Fire Department alone over
tiJlOOJOOO.
Fire and Life Assets entirely dlaMnct— the one not
liable for the other.
The Coaipany orgonlied A. D.
laO*.
Commencsa
business In this country A. 1). 18«7.
Agencies In most of the prlndpa cities and
In the United States.
EZRA WHITE,
CHA8.
E.
WHITE,
sAit. r. iiiJiaosKi
1
,
iMaiiageri.
1
tcwu
:
vm
:
THE CHRONICJLR
Insurance.
[January 23, 1876,
Iflsaraoce.
Insuranoe.
OFFICE OF THE
OFFIOK OP THE
Mutual
Mutual Insurance Co.,
Insurance Co.,
119
Insurance
BROADWAY, COB. CEDAR
Niiw YoBK, January SOth, 1876.
The following Statement of thl affairs of the
Company is published in conformity with the re-
1
Totalamountof Marino Premiums..
Inclusive
$i,295,394 75
Policies have be»n issned upon
Life Risics ; nor upon Fire discon-
nected with Marine Risks.
from :st Januto 3l8t December, 1873 ... $6,123,134 88
off
Losses paid during the
NO RISKS HAVE BEEN TAKEN UPON HULLS
OF VESSELS.
ing the period as above
Paid for Loses, Expenses and Rebates,
less Savings, &c., during the same
period
The Company has
CashinBank
of Assets
tertiflcates of profits will
on the outstanding
p.iid to the
thereof, or their legal representativoj,
Tuesday, the
The outstanding
holders
ou aud
after
February next.
Ist of
the affairs of the Company, in conformity with the
requirements of the Charter
Outstanding Premiums. January 1. 18T5 $76,741 84
Premiums received during the year
30O,2W) 62
$376.912 ge
No
Policies have
Risks, nor upon Fire Risks, disconnected with Marine Risks.
Earned Premiums to January 1, 1876
Losses and Expenses
432.267 50
176,250 00
Bills Receivable..
80,009 53
Advance of
in
126,646 68
Re-insurance and Claims due the Company, estimated at.
7J.078 21
.
Total Assets
PER
SIX
$1,002,391 15
CESTT.
INTEREST
on the outstanding
Certificates of Profits will
be paid to the holders
on aud after
day of February next.
th reof, or their legal rcprcseutativo',
Tuesday, the first
A dividend in Scrip of TES PER CENT. isde.
clared on the amount of Earnel Premiums for the
year ending December 3l8t, 1S75, which may be entitled to participate, Certificates for
which will be
issued on and after Tuesday, the 4th day of April
next.
By Order of
certificates of the issue of 1372
redeemed and paid to the holders there"f,
or their legal representatives, on and after Tuesday,
the Ist of February next, from which date all Interest thereon will cease. The certificates to be produced at the time of payment, and cancelled. Upon
certificates which were Issued for gold preminms,
the payment of interest and redemption will be in
gold.
Dividend of FortF Per Cent,
is
de-
dared on the net earned premiums of the Company
for the year ending 3l8t December, 1875, for which
certificates will be issued on and after Tuesday,
the 4th of April next.
J.
.
43,110 90
$871, 418 91
Six Per Cent
Interest on the outstanding
of Profits will be paid on ani^after
the 8th day of February, 1876.
TUESDAY,
Fortr I'er Cent Blvldeud
is declared on
the net earned premiums entitled thereto for the
year ending 3l8t December, 1375, for which certificates may be issued on and after the Ist day of
April next.
The outstanding Certlllcateo of Proflts
of tile Issue of 1862, aud Fifty Per
Cent of tUe i«iiue •< 18C3, trill be re-
deemed and paid
TJl
on and after TUESDAY, the
February next, from which date all
interest thereon will cease. The Certificates to be
presented at the time of payineot and canctlled to
8tli
d-ty of
By
K
A
S.
Fit
BMtNES
H. GILLESPIK,
J)1tV A l!.\KiOW.
iNClS MORAN,
ADAM
I)
JAMES H. TAYLOR.
ALBERT B. STRANGE,
BRUCE,
A AnGU>< us LOW,
FRANi IS PAYSON.
JEHIAL READ,
THEO. W. MORRIS,
I'HUS B. MERRtCK,
WM. A. H\LL,
GE A. M EYE 11,
WALTEK H.LEWIS.
GEO. W. SMIIH
HE\I!YD.RiiLPU,
.7'HVH. CL >RK,
J'S. H. nu\H\M,
LEVI M HATES,
RICH >RD P. BRUFF,
FK -MKLiv Ensnv,
J^MES L HATH WAY.
STEPHEN L.MERCHAJIT, rOWNsEND DAVIS,
T.
of the Board,
Secretary.
TRUSTEES.
THrlM\S HALE.
<1.
order of Ihe Board,
EDWARD LARAQUE,
US TEES:
.T'lHN
.MYERS,
H.li. CLAJ. IN,
to tlie holders thereof, or Ihoir
legal representatives,
I
.
JOHN K. MYERS, President.
THOMAS HALE, Vice-President.
WILLOUGHBY POWELL, Secretary.
Stephen Johnsou,
Arthur Leary,
Henry Meyer,
Edward H. R. Lyman,
K. V. Thebaud,
Francis Hathaway,
Lloyd Aspinwall,
B. P. Fa^bri,
George Mosle,
JOHN
THEO.
Gerhard
.Tani'sen,
John
Earle.
L.
II.
Bayard Smith,
Charles Liinson,
Henry C. Hulbert,
Jacob S. Wetiuore,
Richard Irvin, Jr.,
Israel Corse,
H. C. Von Post,
Gttstav H. Kissel.
H.
B.
LYELL,
President.
BLKECKER,
Jr., Vlco-Pres't.
For the convenience of its cu-tomers this Company has made arraugements to issue Policies and
Certificates payable in London at the banking house
of Messrs. DENNISTOUN, CROSS & CO.
H. CHAPITEAN, Secretary.
Williamsburg City
iETNA
FIRE INSURANCE COMPANY.
TRCSTBES.
OBGANIZID
'''"•
Gordon W. Burnham,
D. Jones,
Charles Dennis,
•J.
W.
.
theCompany
that extent.
the Board.
I
By order
92 509 19
Bills Receivable.
Salvage, Re-insurance, Insurance Scrip,
Accrued Interest and ctLer claims due
Certificates
Premiums
:
$7;)5,768 65
Premium Notes and
$59,1.39 23
Subscription Notes
$.103. 013 12
$144,395 02
16,932 73
The Company have the following Assets
United States Stocks
t504,«.'i0 00
Bank. City & other Stocks. 120,715 00
Loans on Stock and Cash
due the Company
14,280 28
RealKstate
76,lOiOO
Cash iu Banks
S0,H2il 27
will be
A
been issued upon Life
$717,656 73
$16,019,9 lO 82
be
.50
the following Assets
Preminm Notes and
am rant
701,382
64,671 08
The Company has the following Asset', viz.:
Vnitsd States and State of New York
Stock, City, Bank, and other Stocks.$10,314,9IO (10
LoaBS secured by Stocks, and otherwis«
2,514,503 OO
Real Estate and Bonds and Mortgages
267,003 00
Interest, and sundry Notes and Claims
due the Company, estimated at
451,0)7 92
Premium Netes and Bills Receivable.. 2,076,360 !0
Cash in Bank
3rt3,4J2 40
Per Cent Interest
$819,337 11
Return Premiums
sameperlod
$3,712,058 05
Returns of Premiums and
Expenses. .$1,517,477 26
Total
New York, JanuaryHS, 1870.
The Trustees submi t the foUowile statement of
Return Premiums
off as earned, dur-
United Slates and othoi stocks
Loans on Stocks, drawing interest. . . .
.Six
ST.
808,217 67
Total amount of Marine Preminms.
8897,190 86
This Company hoe Umed no Policies, except on Cargo
and Freight for the Voyage.
Premiums marked
No
ary, 1875,
31, 1375,
:
from 1st Jamuary, 1875, to 3l3t Decomber, 18:5
$5,840 0!1 83
Prcmiamg on Policies not marked off
Ist January, ISTS
2,455,372 87
Premiums marked
quirements of Section IS of its Charter:
Outstanding Preminmi JanMry 1, 1975
$88,973 19
Premiums received from Jaa..l to Dec.
IVILLIAM
No. 61
ST.
Co.
New York, Jan. 84, 1870.
The Trustee?, In conformity to the Charter of the
Company, snbmlt the following Statement of its
aflairs on the 31at December. 875
Premiiime received on Marine Risks,
NEW YORK
MUTUAL
PACIFIC
ATLANTIC
OFFICE OF THE
Frederick Chauncey,
Charles P. Burdctt,
Francis Skiddy,
H. H. Moore.
Henry Coit,
Lewis Curtis.
Charles H. Russell,
Lowell Ilolbrook,
David Ajane,
James Bryce,
Robert B. Miuturn,
Chwles H. Marshall,
George W, Lane,
Robert L. Stuart,
Jamej G. De Forest,
fDaniel
S. Miller,
Alexander V. Blake,
William Sturgis,
Charles D. Leverlch,
JosiahO. Low,
Adolph Lemoyne,
William K. Dodge,
Adam T. Sackett,
Royal Phelps,
Horace Gray,
Thomas F. Youngs,
Winthrop G. Ray,
C. A. Hand,
Edmund W. Corlles,
James Low,
John Elliott,
•John D. Hewlett,
Samuel Hutchinson.
William H. Webb.
'
BroaiUay
.,.„„ <
OFFICES
\ No. 20
&
1333.
First at
,
Brooklv.i. E.
Brooklyo, W.D
(No. 208 Broadway, aev Vork.
Courl
st
STATrOTEiVT J.IN.
Caali Capital
Kurplufi
D
Insurance Company
.
I,
.
Asset"
OF HARTFORD.
1876.
oo
584,044 75
^S.'VO.OOO
CAPITAI..
$834,044 75
A8§ct§,
Bkoiklyh, January
14, 187C.
Jan.
LiabilUies
At a
d.iy.
meetini; of the Uoird of Directors, held this
a Dividend of TE.N PBU CENT, was declared!
payable on demand.
EDMUND
N. W. Mksebolk, Secretary.
DRIGQS,
President.
BRANCH
•
$3,000,000 00
.
1, '75
-
....
OFFICE,
173
$6,497,275 9-1
f<M5,I16 66
BROADWAY,
N. Y.
JAS. A. AEiEXANDER, Agent.
'
J.
D. JONES, President.
CHARLES DENNIS, Vice-PresidenS.
W. H. H. MOORE, 2d Vico-President.
Liverpool &'
London
(£r
Globe
Jnsiirance Co.y
4S
Willimii St
@FedFRASER