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HUNT’S
REPRESENTING
MERCHANTS’
MAGAZINE,
THE INDUSTRIAL AND COMMERCIAL INTERESTS
OF THE UNITED STATES.
NO. 445-
SATURDAY, JANUARY 3, 1874.
VOL. 18
These movements are also
aided by the large disbursements usual at this season.
There are some interesting questions now mooted in Wall
street connected with the investment of the January divi¬
dends which are estimated at some sixty millions of dollars.
THE CHRONICLE.
uary
Railroad Growth in 1873
Changes in the Redeeming
Agents of National Banks...
Latest Monetary and Commercial
English News
Against Inflation
Railroad Reforms for the New
Year
Railroads in Default 1st of Jan¬
Commercial and
It
Miscellaneous
THE BANKERS’ GAZETTE.
Banks, etc.
Quotations of Stocks and Bonds
Railway Stocks, Gold Market,
Foreign Exchange, New York
New York Local Securities
Investments and State, City
City Banks, Boston Banks,
Corporation Finances
Philadelphia Banks, National
THE COMMERCIAL
17
18
20
Commercial Epitome.
Cotton
Breaastufls
and
8
12
13
14
TIMES.
j Dry Goods....
Prices Current.
seems
now
News
Money Market, U. S. Securities,
of financial
ment
CONTENTS.
The Dividends and their Lessons
The Responsibility for Economic
Reform
The Boston Board of Trade
\
21
23
activity.
to be admitted that some
fail to be
so
aMractive
as
of the usual outlets will
formerly, and will take less
railroad
bonds, which for several successive seasons have been com¬
manding a greater share of this semi annual outflow of new
capital, will this month divert a very small stream from the
general current of investment, which will take its fertilizing
way into other paths. * What channel will it seek and where
money
out of the market this year.
The
newer
of the Stock
Exchange
shows that a part of this new capital is seeking to invest
®l)c CljronuU.
itself in government bonds, in city bonds, in railroad bondf
The Commercial and Financial Chronicle is issued on Saturand in good securities generally.
day morning, with the latest news up to midnight of Friday.
But a large part must find
its way into the currents of commerce and trade.
The
TKBMS OF SUBSCRIPTION—PAYABLE IN ADVANCE,
The Commercial
Financial Chronicle, delivered by carrier to city
activity of business is generally exhibiting a tresponsive
subscribers, and mailed to all others (exclusive of postage):
movement in anticipation of this influx of new capital, and
For One Year
$10 00
For Six Months
6 00
the rapid improvement which is being developed on all
THE RAILWAY MONITOR
is
Journal of general Railroad Intelligence, intended to supplement the
sides, offers an illustration of the recuperative energies of
financial
contained in The Cheonicle, and published monthly on or
our financial system, and of the slight and superficial charac¬
about the fifteenth of each month.
Subscription price per year (including a file cover the first year)
$5 00 ter of the
injuries inflicted upon it by the recent revulsion.
to subscribers of the Chronicle
3 00
1 he Chronicle and Monitor will he sent to subscribers until ordered disconWe referred some time ago to the effect of the panic on
tinned by letter. Postage is paid by the subscriber at his own post-office.
dana,
)
WILLIAM B. DANA & CO., Publishers,
our banking system, and to
the revolutions it would bring
flotd, jr. J
79 and 81 William Street. NEW YORK.
Post Office Box 4,592.
about so as to separate railroad financing from the
Subscriptions and Advertisements will be taken in London at the office of
the Chronicle, No. 5 Austin Friars. Old Broad street, at the following rates:
Annual Subscription to the Chronicle (including postage)
£2 2s. proper business of banking, the former attracting a certain
9“
“
“
“
1 0s. sort of capitalists who take risks for the sake of large profits,
Monitor.
Chronicle and Monitor together
2 14s.
Advertisements, in either Journal, Is. per line each insertion; if ordered while the latter would deal with money strictly held on
for five
insertions,
liberal discount is allowed.
demand. An analogous change is about, we think, to take
The Publishers cannot be responsible for Remittances unless made by
place amoDg our business men. These men, as is well
Drafts
Post-Office Money Orders.
XW A neat file for holding current numbers of the Chronicle is sold at the known, have been too apt to take part of their means
office for 50 cents; postage on the same is 20 cents. Volumes bound for sub¬
scribers at $1 50.* The first and second volumes of the Chronicle are wanted and to put them into outsi le speculations, trusting to their
by the publishers.
bank to help them by loans on collateral, or by discounts.
Mr. Edward McFee is the authorized traveling agent for the Commer¬
and Financial Chronicle and the Railway Monitor in Great Britain.
Our citizens on going to France, Germany, or England, and
conversing with the business men of those countries, are
ANNUAL TABLES.
more astonished at no one thing, perhaps, than at the indis¬
The yearly tables of prices usually published in the
Chronicle on the first Saturday of January are necessarily position of these slow foreigners to take capital from their
business to buy real estate, to build houses, to buy stocks,
postponed this week, and will be published at length in the or for
any other investment or speculation.
These Euro^
next number of the paper, to be issued January 10.
will it be absorbed ?
The
course
and
a
news
“
‘‘
william b.
John o.
“
-
or more
“
a
or
cial
merchants or manufacturers, however well-to-do, have
superstitious dislike to take money out of their business
THE DIVIDENDS AND THEIR LESSONS.
for any outside investments. Indeed, the credit of any
The debt statement just issued confirms the current
dealer would probably suffer with hiu bankers if any such
reports of a further deficit. The addition made in Decern
weakness were observed.
her to the public debt is $8,453,000, which makes the net
Now, all this precaution to the American mind seems
increase during the last six months twelve millions.
The
absurd. Our business men as they accumulate capital have
greenbacks are now $378,400,000, or eleven millions more
than a month ago. The stimulating effects of these new been so much in the habit of " salting it away ” in govern
emissions of currency are rapidly making themselves felt ments, or houses, or bonds, or other investments, that it will
both at the Stock Exchange and in almost every depart be almost impossible to make them understand the un
pean
a
2
[January 3,1874.
'
^
*
-S'
"
TT
«"■ ?T
m-.,r n ■. j fr. - 1 {
.
advantages of tbe European method. The late The Secretary of th$ Treasury in particular is held chiefly
panic seems to have done this to some extent, and men who responsible for the excess which the expenditures now show
have been used to keep their working capital down by in-r above the ordinary .receipts. We do not wish to extenuate
stalments appear to be taking a more prudential course, and the administrativef errors of Mr. Richardson; but am>ng
these blunders we certainly do not reckon the one in question.
keeping a larger proportion actively under command?
.The whole blame rests with Congress. To say the contrary
We think it extremely improbable that in this land of en¬
terprise and highly organized credit, we shall ever bam mpeh. argues an ignorance of the working of the financial mechanism
danger of erring by an excess of caution in imitating these of our government* In France, in the German Empire, as in
European habits of treating capital. It is therefore needless Great Britain, the Finance Minister has much more power
than in this country, where it is a frequent boast that by our
to say that, carried to the excess in which it is indulged in
Germany, France, or England, it would be impossible to jealousy of concentrated power, we have reduced the
our
people, and unadapted to ©ur country. Still, a middle Secretariate of the Treasury to “ a mere head-clerkship.”
course is
better, avoiding equally the rashness of our Mr. Richardson very properly observed when he was here
financing, and the over costly caution of our Transatlantic the other day, that he is a mere administrative officer placed
cousins ; and this middle course some of our merchants and in the Treasury to execute the law, and that Congress holds
business men may, we think, begin to adopt with advantage the purse strings. In this point of view, there are few per¬
to themselves and to the community. If they will judiciously sons who will not confess that with his views of the law, the
carry less sail and more ballast, the next panic will bring present Secretary has tried to do his duty faithfully in a
fewer shipwrecks among them.
very trying emergency such as scarcely any of his predeces¬
Another suggestion regards the savings banks. Oar New sors has ever been called to cope with. Anyhow it is
York savings banks hold 180 millions in this city, and 42 futile to charge the whole blame of the existing deficit
millions in Brooklyn, besides 82 millions outside of the two either on the Secretary of tho Treasury or on the Executive.
For the last five years, and indeed ever since the close of
cities. These institutions will probably be called to pay out
a
larger amount of their deposits than u-u il. But from the the war, retrenchment economy and fiscal reform have been
buoyant condition of Wall Street, no serious trouble is an¬ urged and adopted as the characteristic policy of two succes¬
ticipated with any of them. The interest payments of ihese sive administrations. How far the economy of our national
institutions reach about nine millions.
The aggregate expenditure has been carried, and how much yet remains to
be done, may be seen by the subjoined table of expenditures
deposits are reported as follows:
,
doubted
for the past
DEPOSITS OF THE SAYINGS BANKS IN THE STATE OF NEW YORK.
New York
City
Brooklyn City
$180,316,000
42,981,000
82,502,000
AGGREGATE DEPOSITS
Bowery
.
...
....
11,167.000
8 059,000
6,3 7-.000
Emigrant
German
Greenwich
Mer. Clerks’
New York
Union Dime
Excelsior
Harlem
Mutual Benefit
$305,80*2,000
OF NEW
$27,898,000
9,315.000
9,613,000
3,461:000
3.185,000
10,258,000
North River
Peoples’
Security
West Side
1874*
Manhattan
J873
Metropolitan
Dry Dock
Atlantic
.
1871
*
2,044,000
Franklin
German. Up-Town
1866
158,000
110,000
150,000
2-4.000
$160,886,000
10,530,000
Total in Brooklyn
Surplus
ever
Williamsburg
Kings County
$10,100,000
2,332,000
Long Island
South Brooklyn
143.000
1.636,000
6,018,000
Mechanics’
180,000
Grecnpoint.
Germania
Park
1,206,000
421,000.
33,000
536,000
161,000
....’
$42,984,000
3,441,000
Deposits
Total, 1873
$180,316,003
OF BROOKLYN CITY SAVINGS BANKS.
659,000
1869
1868
1865
-....
$11,332,000
6,820,000
1,407,000
1870.
1867
:
AGGREGATE DEPOSITS
German
1,616.000
1,323,000
;
Irving
Total, 1873
Emigrant
have
pr efixed the
:
.*
..$46,425,000
These
j864
Interest
694,004,575
456,379.896
62,616,055
862
Jsfil
1860
on
public
di lures.
1863
♦
I860 TO 1873.
Net expen-
$187,408,144
180,483,636
153,201,856
157,583,827
164,421,507
390,496,354
229,915,038
202,947,733
385,954,731
1,217,704,199
811,283,679
1872
e.
East Brooklyn
East New Yo'rk
year
we
*
June 30.
YORK CITY SAVINGS BANKS.
Total New York City
Surplus over deposits
Dimes, Williamsburg
figures for the present
ending
B1 cocker
Mechanics’ & Traders’
Six Penny
Third Avenue
577,000 | Teutonia
469,000 Abingdon..;.
808,000 Central Park
Clinton
Oriental
Eleventh Ward
N, Amsterdam
Dimes
which
TREASURY EXPENDITURES FOR THE FISGAL YEARS
Fiscal year
Total in State of New York in 1873
Brooklyn
years , to
#
Outside of two cities
Seaman's
Citizens’
East River
estimated
fifteen
War.
Na ?;//.
$50,000,000
46,323.138
35,372.157
35.799,991
57,655,675
78,501,990
123,216,648
95,224,415
283,154,676
1,030,690,400
690,393,048
603,314,411
389,173,562
c
23,001,530
60,056,751
16,472,202
Estimates from Treasury Report, p. viii.
•
debt.
$23,000,000
23,520.256
21,249,809
$98,000,000
104,750,688
117,357,839
125.576,565
129,235,498
130,694,242
19,431,027
21,780,229
20,000,757
25,775,502
31,034,011
43,285,662
122,617,434
65,704,963
63,261,235
42,640,353
12,387,156
11,514,649
140,424,0l5
-
143,781,591
133,067,624
77,395,090
53,683,421
24,729,700
13,190,344
4,034,157
3,144,120
Tv\o movements may be distinctly traced
of financial history which this table spreads
in the chapter
out before us.
First we observe the amazing rapidity with which the
expenditure grew with the stimulus of war; and secondly
the difficulty of contracting expenditure when that stimulus
was
withdrawn.
The annual disbursements of the Govern¬
ment
enlarged from GO millions before the war to seven
as
much, or 450 millions, in 1SG2, and to twenty
times as much, or 1,217 millions, in 18G5.
If it required
but four years for the expenses of the Government to grow
from GO millions to 1,217 millions, some people might
suppose that four years more, if the stimulus of war was
removed, would bring down the expenses pretty nearly to
times
institutions, as we said a short time ago, have been
strengthening themselves in cosh by realizing upon their
assets, with a view to meet the probable demands of the
new
year.
So well have they succeeded, that almost al]
traces of apprehension on their behalf have faded
away from their former level.
But we do not find it so. The third
the horizon of Wall street.
These are some of the points
column of the foregoing fable chows that after eight years
discussed in connection with our January interest
payments of retrenchment the yearly expenses had fallen but to 153
and, as will be seen, they are, in the main, favorable to the
millions, and that since that time they have been steadily
continuance of monetary ease and commercial
.activity going up again. We need not wonder, then, at the excite
through the coming season.
ment which is pervading the public mind on the subject?
nor
at the feelings of resentment and humiliation with
THE RESPONSIBILITY FOR ECONOMIC REFORM.
which the people see on the one hand a deficit in the
Among the fiscal troubles now prominently before the Treasury, and on the other a resort to paper money issues
public mind, there are none inferior in importance to that for the purpose of filling that deficit and preventing the
of the deficit in the
Treasury. There is a disposition to necessity of imposing new taxation. The blame, however,
blame for this deficit the
policy of the Administration, of tko emergency, must be placed at last where it ulti-
*%
\
3
January 3,
1874.]
THE BOSTON
For Congressj
for the
giving up of the tea and coffee tax last year against the best
advice, and against the warning, now too well fulfilled,
.that the 20 millions yielded by these taxes could not be
spared except the appropriations were curtailed, which was
mately belongs, on the shoulders of Congress.
as
Mr. Richardson properly says, is responsible
BOARD OF TRADE AG HAST INFLATION.
disposed to accept without question
the
report which has been actively circulated that there is a
general wish all over the country for au expansion of the
currency. This opinion has been repeated sd frequently
of late that it is getting more influence than it is probably
entitled to. The true way to correct the mistake is for
not proportionately done.
each of our large cities to
In reply, however, it has been said that Congress in the friends of sound currency in
repealing the taxes in question followed the example of Eng¬ get together and agitate against the further issue of paper
land, where there has just been a great outcry for “ a free money under any pretext whatever. Had this been done
breakfast table,” in response to which the tea tax was taken promptly when the 44 million reserve was first discovered
and when the theory ot its possible issue was received with
off to the great contentment of the people. This answer is
such slow credence, we should never, in all probability,
obviously absurd. If it means anything, it means that an
have heard any more about it. Not a single dollar would
outcry in England is to control our policy, a proposition
which
think few people are silly enough to repeat twice. have been emitted, and the greenback circulation would
We
are
not
we
The fact is that
the loss of these
20 millions of tax revenues
have still been
left at 356 millions, its
legal aggregate.
which the New York Chamber of Commerce
buy their tea no lately offered to Congress against paper expansion and in
favor of an early return to specie payments has been
cheaper than before.
followed up by similar definite and useful action at
But it is responded that really the repeal has not had time
Boston. The Board of Trade of that city a few days ago K
to work, and that when it has been longer in operation it
will lower the retail prices, and make a proportionate saving adopted unanimously a resolution and issued a report,
to the community.
Moreover, this tax, they say, is but one which, among other reforms, recommend that all our
national banks shall hold their reserves themselves, without
part of a system of reductions which are conceded on the
whole to have been judicious. To the latter part of this the privilege now conceded Dy the law of depositing a part
of the reserves with banks that pay interest for the use of
proposition we are happy to. yield our unqualified assent.
the money.
Secondly, it is proposed that each of the
The tax reforms of the last fev years offer a model of fiscal
banks shall hold in coin one-fourth of its reserves after
legislation, as the Chronicle has often shown. But on this
October 1, 1874, and one-half after October 1, 1875. A
very account the tea and coffee tax repeal, even if it were
point is
not a job, was a blemish and an inexcusable fault.
To give thirdbe made that Mr. Sumner’s compound interest note
bill
a law, with the single amendment that the
general view of the direction which fiscal reform has taken
banks may hold one-fourth part of their reserve, during
compile the following table of the revenue aggregates for
a stipulated term, in compound interest notes.
the period covered by the statistics tabulated above :
Such are the chief currency reforms proposed by our Bos
OP THE FISCAL YEARS 1860 TO 1871.
Internal
ton merchants, and it will be seen that their plan is in full
Receipts.
Receipts.
harmony with the well-remembered protest of Boston
108,000,000 >
180,000,000
1874*
548,669,221
113,729,314
188,089,522
against paper money in 1872 immediately after the last great
1873
679,153,921
130,042,177
216,370,286
1872
fire in that city. Whoever else of our fellow-citizens may
652,092,468
143,098.153
206,270.408
1871
636.729,973 be weak enough, or ignorant enough, to favor so suicidal an
184,899,756
194,538,374
1870..
609.621,828
153,356.460
180,018,426
act as the inflation of the currency, Boston, speaking through
1860
1,030,749,516
191,087,589
164,464,519
1868
1,131,060,920 its Board of Trade, is positively against all such insane tam¬
266,027,537
176,417,810
1807.t......
merchants and spec¬
put money into the pockets of a few tea
ulators, and our people complain that «they
The
protest
a
we
NET
REVENUE
Gro*s
Net
Customs.
510,949,561
1866
1S65
.
243,412,071
112,094,945
51,919,261
41,476,299
1864
1863
1862
1861
1860
*
Estimated.
179,016,051
84,928,260
102,316,152
69,059,642
49,056,397
39,582,125
53,187,511
Revenue
309,226,813
209,464,215
109,741,134
37,640,787
1,270.884,173
1,805,939,345
1,393,461,017
889,379,652
581,680,121
83,371,640
76,841,407
further
and
pering with the currency. Not only does she oppose
issues, but she would withdraw and gradually redeem
cancel, by means of Mr. Sumner’s compound-note
all the outstanding greenbacks, so as to leave the field of the
machinery,
the return of specie to the ordinary
That done the circulatory medium of
would consist wholly of gold and silver, with
and self-regulating addition of national bank
circulation open for
channels of currency.
the country
underlying *our tax-reforms is that
sufficient
of equalizing and of relieving pressure. The internal taxes
notes convertible into coin on demand.
imposed during the war were found to put so enormous and
Finally the resolution pledges the Boston Board of Trade
destructive a pressure on the industry, of the country that J
by its delegates to urge the National Board of Trade to
they had the first claim to relief. Accordingly after the
unite in earnest representations to Congress against the issue
war, the pressure was gradually taken off.
The aggregate of
any more irredeemable paper money whatsoever, and in
diminished from 309 millions in I860 to 158 millions
favor of “ such simple legislative measures as shall grad¬
in 1869, and to 113 millions last year.
At present the
tobacco and liquor taxes raise nearly all the internal ually improve the currency, prepare the way for a return
to specie payments, and the restoration of a true standard
revenue that we have or can have from this source. If more
of value; yet doing no violence, injuring no legitimate and
is wanted it must be got from customs, and our people will
not bear the reenactment of any new customs duties except prudent business, nor disturbing the relations of debtor
creditor.” The Boston resolution binds the delegates of
the tea and coffee taxes which ought never to have been
that city to urge this matter at the annual meeting of the
taken off. The decline in the aggregateof the customs duties
National Board at Baltimore, and the action of that influen¬
has been very large,ranging from 519 millions in 1866 to 305
tial body at its adjourned session on the second Tuesday of
millions, the estimated yield of this year. On the whole, as
all these changes which we have briefly passed in review are January will be looked for with great interest all over the
the work of Congress, it is clear that on Congress must chiefly country.
There are subordinate points worthy of notice in this con¬
rest the blame of the present embarrassment of the national
servative movement on the part of the Boston Board of
finances, as well as the praise of the extraordinary success
Trade.
The first k to practical, straight-forward character.
which preceded it in foregoing years*
The
great principle
a
was
and
-
THE CHRONICLE
4
[January 3,1874.
lays down a method of return to specie payments, but adopting as a vital part of their permanent policy. We
exclusively insisting on or urging this method, it may sum up these improvements in the words prudence,
coutents itself with simply recommending it, and then turns economy, and honesty.
the whole force of its protest against any increase whatever
By advocating prudence we by no means vish to check
of the greenback issues. This moderation was statesman¬ enterprise. On the contrary, we mean to give it a healthy
like and wise. There are thousands of our financial men stimulus and to preserve it from dangerous excess. A glance
who do not think that the Boston plan prescribes the at any good railroad map shows with what imprudence a
best possible machinery lor contracting the currency, number of our lines have been projected. Some are local
but they willingly accept the other part of it.
They lines, others lead into a wilderness, others again are through
earnestly oppose inflation, and will resist as mischievous in lines or necessary feeders of trunk roads, and consequently
the extreme all further issues of greenbacks for any purpose command from the start a fair and increasing traffic.
In
or under
was important to secure the co¬ the early days of railroading, when the principles of
any excuse.
It
operation of such men ; and to this end it was necessary that development were imperfectly comprehended, such hap¬
the whole strength should be concentrated on the single hazard irregularity and want of system might be excused*
point of inflation. Perhaps for the same reason it may be During the first twenty years of railroad construction in
found needful to vote on contraction separately from inflation this country, from 1830 to 1850, a vast amount of new road
at Baltimore.
Whatever the National Board of Trade was projected and built which could not possibly pay. It
may do about contraction and its methods, we trust that was equally guilty of excess and of defect. Some roads were
the vote in favor of stopping inflation will be decisive.
rival lines, draining the same belt of country, while more
We have no space to detail the admirable arguments
promising regions not far distant were shut out from rail¬
set forth in the report before us, which was prepared, we road access and
deprived of transportation which was needed
bdieve, by Mr, B. F. Nourse, and, with some minor ex to give value to the farms and to find a market for their
ceptions, will command the hearty assent of a large part of products. Happily for us, the gold discoveries of 1848 and
our
most thoughtful men.
These arguments are partly 1850 gave as mighty an impulse to railroad development as
founded on the Act of Congress of March 18, 1869, which to other departments of industrial growth.
The defects
of our system were soon remedied, the missing links were
pledges the faith of the United States to make provision at
the earliest practical period for the redemption of the green¬ added to the various
systems of transportation, and a new
backs in coin.
value was thus given to the railroads by their more perfect
On this law the report rests its chief appeal to Congress. organization. The yearly additions to our railroad system
First the inference is drawn that in spirit and letter, this give, therefore, a very imperfect idea of its progress and its
act of 1869 demands that Congress as soon as possible shall
yearly growing efficiency. It was often found, for example,
make provision for specie payments, and meanwhile that that the construction of 100 miles of r.ew road gave a new
they shall do nothing and allow nothing which is incompati¬ efficiency to a vast network of travel and opened valuable
ble with such provision. As a ship traversing the ocean is connections to 1,000 miles of old roads, so as to make them
controlled every time she tacks with the supreme purpose look more profitable and more replete with productive
of nearing port, so is it to be with our ship of state.
Our value. From 23 miles of railroad in 1830 we increased
financial barque is to be headed towards the haven of to 2,818 miles in 1840 and to 9,021 miles in 1850. Here
resumption, and nothing is to be done, no change in her we have the first basis, the rudimentary lines of the great
course is to be allowed, which does
not tend directly towards network which grew and spread with amazing activity till it
port. Now the youngest tyro in financial navigation knows had 30,635 miles in 1860, 54,686 miles in 1870, and 71,564
whither legal tender issues tend. Ten thousand disasters miles to-day. In contemplating the figures which repre¬
blotting every page of financial history show that paper sent this rapid progress we see one of the factors of our
It is admitted to be a very important
money leads directly away from specie payment, and there¬ railroad movement.
fore have been forbidden by the statute of 1869.
factor, but it is not the only one. Others are needful, as
On this law, then, the argument is built up that Congress has been shown, to enable us to judge of the value of the pro¬
ought not only to begin to make provision for specie pay¬ gress made; and among those other factors a conspicuous
ments, but that such provision is obviously prohibitive of place is claimed by the principle we are discussing. It is
the emission of greenbacks. This argument is both clear therefore of radical importance in estimating our railroad
and convincing. The statute of 1869 taken in connection progress in the present or in the immediate future that we
with the laws authorizing greenback issues during the war, should find oat not only how many miles of new road have
establishes three propositions which we trust the Baltimore been built, but how they have been located, how they are
meeting will discuss next Tuesday week. First, that green¬ related to the general system of ro^ds, and how they have
backs being a forced loan coerced from the people under been built as to the general conditions of prudence.
If on
the war powers of the Constitution, cannot be issued or all these
points, as is affirmed, too much of the railroad
sanctioned by Congress during a state of peace. Secondly, constructed for some time past has been more or less defec¬
that since the war closed no new issues can be author¬ tive, then one of the tasks of the new year must obviously
ized. Thirdly, that if such issues be made they are without be to do over again our bad work.
law, contrary to the Constitution, and in especial violation
But secondly, there is the principle of economy.
The
of the above-cited pledge in the law of 1869 which requires recent fall in
prices, which makes railroad supplies cheaper,
specie payments to be approached, and therefore forbids and thus reduces |the operating expenses of the roads, is by
implicitly new greenback emissions, because by them we no means the sole agent by which economy can be intro¬
leave the specie basis farther and farther behind us with duced into our railroad
A more potent
management.
It
without
each successive issue.
engine for effecting a saving would be the elimination of
rings. We mean the destruction of those corrupt combina¬
RAILROAD REFORMS FOR THE NEW YEAR.
tions between pliant railroad managers and greedy contrac¬
If our railroad companies will apply to themselves the tors who conspire together to rob1 stockholders and divide
adage that “ the new year brings new life,” there are three among themselves a part of these profits which ought to go
reforms
whiph, with others, they must lose no time in
to
swell the dividends of railroad shareholders.
On
some
January 3, 1874.]
future
cccasion
perhaps specify more particularly
the methods ot this economy, and ot the roguery it aims to
supplant and destroy. At present we only point to it as a
focus of danger to our railroad system, on which the scorch¬
ing light of publicity must be thrown, except it can be
otherwise reformed so that thrift and economy may take
the place of pillage and robbery by cliques and rings.
This result might seem, however, very closely to approach
the confines of the third principle to which we referred, that
of honesty.
We give to Ijonesty an extended refer¬
ence, and apply it to the general policy of our railroad com*
panies and of our railroad magnates. These corporations
formerly conferred immense benefits on this country, and
almost unlimited powers were at one time held by them in
the State Legislatures, and even at Washington.
But the
last two years have waked up the slumbering resentment of
the people, and it is very generally believed that these pow¬
ers are
not honestly but selfishly and corruptly wielded*
In this deep-seated conviction we find the secret cause ot that
widespread jealousy against railroad companies which has
raised ap.jnst them the gigantic arm of the grangers through¬
out the Mississippi Valley and elsewhere.
The grangers do
not make their demonstration against the mere power of the
railroads or of the railroad magnates, for these powers are
relatively no greater now than they were years ago. The
foundation of ths popular antagonism and dread is not the
fact that railroads are necessarily allowed to concen.
trate in few h^nds, but the lack of honesty and purity in the
men and in the
principles by which the prodigious powers
of these corporations are controlled.
we
may
vis medicatrix naturce,
tude of
railroad extension
our
chances
are
premature to forecast
favorable for
a
The
greater mileage than seems at
generally expected.
present to be
the probable magni¬
for the coming year.
founded in the fact that the late
The
reasons
for this
panic has destroyed
a
are
much
the floating capital, and none at all of
capital, of the community.
It is true that many hundreds ot our too credulous invest¬
ors, both men and women, in all parts of the country, have
lost money by Jay Cooke’s failure and by their rash invest
smaller
that
in progress,
are
prises.
Pacific, and in
a
securities have been
lions rendered
unproductive.
But
depreciated,
and mil¬
than half of these
Like latent heat, the
more
new
work will be done.
their interest payments. To-day we give a lis
of those roads which have failed to meet their January cou
faulted
on
course there may be some companies which we
included, as we only mention those about which
after investigation, we find there is no uncertainly.
The
table showing all roads in default to date will be biough
full
Of
pons.
have not
forward next week.
Length inmiles
Name and Description.
Principal
of bonds
outstan’g
1
Atlantic & Pacific—
*
mortgage
pref. consol, mortgage
3d pref. consol, mortgage
Virginia & TennesseeEnlarged mortgage
2d
4th mortgage
2,000,000
306,000
ist
New York Jan.,
1874
8
J. & J.
J. & J.
J. & J.
New York Tan.,
New York Jan.,
New York Jan.,
1874
1874
1874
6
6
VI. & 3. New York Jan., 1874
M. & S. New York Jan., 1874
vl. & S. New York Jau., 1874
6
8
8
8
J. & J.
J.
J. & J.
J. & J.
133
615,000 3
616.000
•214
•214
990,000
452,500
810.0130
119,742
226,300
»J. &
New York Jan., 1874
New York Jan., 1874
New York Tan., 1874
New York Jan., 1874
7,042,500 7 2. J. & J. New York Tan., 1874
412,000 7g- A. & O. New York Jan., 1874
mortgage
470
mortgage
291
9,000,000 7g- J. & J.
40
800,000 7g- J. & D.
Wichita & S.W. 1st, guar.
Canada Southern —
l.-t
payable.
J. & J.
133
133
funding bonds..
Atchison, To. & Santa Fe¬
periods.
Cayuga Lake—
lsbmortgige
27#
Chesapeake & Ohio—
10,500,000 7g, J. & J.
Extension Bonds
Detroit, Hillsdale & Ind.—
Philadel.
Jan., 1874
J. & J.
J. & J.
New York Jan., 1874
J. & J.
New York
7
J. & J.
N.Y.&Bos Jan.,
7 g-
J. & J.
N.Y.L&F. Jan., 1874
500,000
1,821,250
acres
156
182
1st M. on road and land
Mo. Riv., Ft. Scott & Gulf—
1st mortgage land grant.. 161
N. Y. & Uswego Midland—
334
1st mortgage
N. Y. Kingston & Sjrac’e—
75
1st mortgage
New Jersey Midland
63
2d mortgage
Northern Pacific—
1st mortgage land grant.. 550
St. Paul & Pacific —
1st M. St P. to Sauk Rap.. 80
St. Louis & Southeastern Evansv’e, H. & Nashv. 1st 98
Toledo. D. & Can. Sout’n—
65
1st mortgage
Wilmington & Reading—
2d mortgage
Philadel. Jan., 1874
Jan., 1874
1874
1
L.
..
Jan., 1374
1,500,000 8
83
1st mortgage
Ft. W., Jackson & Saginaw—
100
1st mortgage
Kaos. C. St. J. & C. Bluffs—
lst^mort., C. B. & St. J.. 52
Superior & Mississippi —
1st mortgage land grunt..
Mo., Kansas & Texas—
Philadel.
1874
1,826,000 8
Deroit, Eel River & Iud.—
Kansas Pacific—
Land bonds on 2.000,000
New York Jan.,
8
300,000
65
2d mortgage
Date of
first
default.
8
157,000 7
458,000 8
Registered certificates...
Interest
Where
2,945,500 6 g, J. & J. New York Jan., 1874
7,189,000 tig- J. & J. New York Jan., 1874
1st mortgage land grant..
292
IstM., South Pacific
Atlanta & Rich. Air Line—
180
ist mortgage
At'antic, Miss. & Ohio—
Norfolk & Petersbg 1st M 81
do
do
1st M 8do
do
2d M 81
South Side—
1st pref. consol,
p’r
Rate cent.
Interest
4,500,000 7g. J, & J. NY.P.&B.
3,355,000
6g- J. & J.
New York Jan.,
1874
5,000,000
10
J. & J.
New York •Jan.,
1874
,8,000,000 7g-
J. & J.
New York Jan.,
1874
2,250,000
7 g-
J. & J.
New York Jan., 1874
1,500.000
7
J. & J.
N. Y. & P. Jan., 1874
7
J. & J.
New York Jan., 1874
F*
J. & J.
New York
J. & J.
New York Jan.,
30,000,000 7.30
700,000
1,000,000
F. & A. New York Jan., 1874
%
1,500,000 7
1.750,030' 7
Philadel.
Jan., 1874
1874
Jan., 1874
RAILROAD GROWTH IN 1873.
In
our
Railway Monitor of December 31, wc give a
of every railroad in
This table is the result of immense
table in which is the
States.
name
the United
labor and
few similar enter¬ research, and furnishes the most complete summary
It is also true that in this and similar ways
millions ot
little
In the Chronicle of December 6, we gave a very full
statement of the Railroads which had up to that time de¬
aggregate of
the Northern
great in the deli
RAILROADS IN DEFAULT FIRST OF JANUARY.
the fixed
ments in
powers as
of the financial body as in other organisms.
Two years at least are expected to elapse, as our railroad
men tell us, before the present ease In the money market is
at all likely to be seriously compromised.
During that
period, if these prognostications are correct, we may fairly
expect that there will be some activity in railroad enter¬
prise, although it is obviously safe for us to predict that
beyond the completion of the best and soundest enterprise
points, we repeat, a reform is essential to all
parties. It is loudly demanded and must be had. The reme
dy is not wholly in the hands of the stockholders. Hence
we can
charge on them but a part of the blame. We can
hold them responsible for only a part of the obligation for
the work of reform. But what they can do, to that the
stockholders in our railroad companies are bound by every
obligation of prudence and enlightened policy. If our stock¬
holders bring to bear the needful pressure on behalf of these
and kindred reforms during the coming year, we can safely
predict the addition in 1874 of a noteworthy improvement
in our railtoad growth independent of and in addition to
any increase in the mileage of the new lines which we
may build.
There is a moral certainty that these reforms would b e
advantageous in other points of view. Especially they would
tend to attract capital to railroad enterprise,
They would
conciliate foreign capital as well as domestic.
Or at least
they would do this indirectly by helping to roll .away the
cloud of disrepute with which recent events have enshroud¬
ed railroad enterprise in this country. "
course
which has
cate processes
In all these
It is of
5
THE CHRONICLE
of
concerning the railroads of this country
that lias ever yet been published.
From the grand
totals
we
find that the whole railroad mileage in
information
with second track and
capital is capable of being reproduced ag*in. Indeed the sidings of 13,512, miles, making the total equivalent
The total number of
ravages of the panic are being repaired very rapidly by the of single track 85,076 miles.
losses
will
soon
be
made good.
this
country is 71,564 miles,
[January 8, 1874.
THE CHRONICLE.
®
i
i
of passenger
locomotives is 14,223;
train cars, including
smoking cai*s, 13,725; of freight
train cars of all sorts, 338,427; the total capital
stock amounts to $2,072,251,954, or about $28,956 per
mile; the total floating and funded debt, $1,999,741,597,
$27,957 per mile; and the total cost of railroads and
equipments $3,728,416,958, or about $52,099 per mile. The
total gross traffic of railroads for the latest year yet obtain¬
able was $478,885,597, and the total net receipts, over and
above operating expenses, were $174,350,913. These earn
ings, however, are based on 54,454 miles of road, that being
the total for which earnings have been reported; and
hence the net income of railroads applicable to the pay¬
ment of interest and dividends amounted to about $3,201
per mile on the 54,454 miles operated.
For the purpose of enabling our readers to make
comparison with former years, we have also arranged
these returns, so far as mileage is concerned, in States,
although it is impossible, for obvious reasons, to ever
make all the State divisions of each road exact.
We
baggage, express and
or
finding inaccu¬
making lip the detailed statement for
this year.
By this arrangement it will be seen that
there has been 4,190 miles of road built during 1873, as
have also revised our
racies in them
last year’s totals,
on
CHANGES IN THE REDEEMING AGENTS OP NATIONAL BANKS
The following are the changes in the Redeeming Agents of
National Banks approved since the 23d ult.
These weekly
changes are furnished by and published in accordance with an
arrangement made with the Comptroller of the Currency:
Massachusetts—
Approval of Suffolk National Bank,
;Neponset National
Canton
Massachusetts—
Greenlield.....
Massachusetts—
Weymouth ....
Pennsylvania—
Philadelphia
REDEEMING AGENT.
BANK.
NANS 07
LOCATION.
..
Pennsylvania—
Bank
' Boston, revoked.
Franklin Co. Nat’l Approval of National Bank of CornBank
I monwealth, Boston, revoked.
Union Nat’l Bank.'Approval of Suffolk National Bank of
I Boston, revoked.
Kensington Nation- Market National Bank, New York, apal Bank
i proved in place of Central National
'S
Bank, New York.
Northumberland Co Farmers’ and Mechanics’ Nat’l Bank,
Philade phia, approved in place of
National Bank...
Corn Exchange Nat’l Bank, Phila.
Williamsport Nat’l Chemical National Bank, New York,
"
Shamokin
Pennsylvania—
Williamsport.
approved as an additional Redeem¬
Bank
ing Agent.
B’nk Importers’ and Traders’ Nat’l Bank.
New York, approved in place of
Central Nat’l Bank, New York.
New Albany Nat’l Importers’ and Traders’ Nat’l Bank,
First National
Oh io—
Plymouth
Indiana-New Albany..
Michigan—
Ann Arbcr...
Iowa—
Mt. Pleasant
Miles, 1872.
891‘5
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Built, 1873.
44*0
73*1
57*9
113*7
36*9
29*7
822*7
73G‘3
1,625 0
133*2
898’3
Connecticut
5,107-0
4,884-9
New York
New
355*3
398*4
69*5
412*9
16*0
69*7
1,343*7
5,432‘5
Jersey
Pennsylvania
Delaware
222*7
Maryland and Dist of Col
West Virginia
865*4
493*3
,.
National B’nk Importers’ and Traders’ Nat’l Bank,
I New York, approved in place of
Central Nai’l Bank, New York.
Fint National B’nk'Merchants’ National Bank, Chicago,
approved in place of Union National
First
Bank of
13,242*5
Ohio
3,923*8
Michigan
2,973*7
192*0
222*1
128*0
201*4
205*7
51*0
203*7
101*2
113*1'
129*0
3,705*2
6,277*7
2,028*2
1,861*6
3,640*7
1,901*8
1,147*2
Nebraska
Missouri
2,769*3
Wyoming Territory
Utah Territory
Dakota Territory
Colorado Territory
Indian
Territory
454*0
376*0
223*0
551 *0
310*5
32,143*7
1,504*7
Virginia
North Carolina
South Carolina
1,263*5
1,261*2
Georgia
2,180*4
475*7
1,858*6
Florida
Alabama
985*4
Mississippi
560*0
1,110*7
Louisiana
Texas
1,195 7
Kentucky
1,521*1
551*5
Tennessee
Arkansas
71*5
38*5
105*0
MissouriWar rensburg.
Merchants’ National Bank,
National B’nk
St. Louis,
approved as additional
First
Redeeming
and Hanover Nat
St. Louis (in
iFirst National
New Mexico
Santa Fe..
B’nk'Continental Nat’l Bank, New York,
approved in place of Fourth Nation¬
Washington Territory
55 *0
2,412*3
4,115.8
3,195*8
States
Western States,
&c
Southern States
Pacific States, &c
Grand Total
5,107*0
13,242*5
32,143*7
14,468.5
2,412*3
67,374*0
(Englial) Nnoa.
anir dommerrial
Report*—Per Cable.
EugllsU Market
The daily
London and Liver
submarine telegraph
London Money
some
advance in
and Stock Market.—American securities, sliow
price. Specie in bank has increased £496,000
during the week.
Frankfort.....
Tbs
*6
37*0
1,869*6
1,022*4
560*0
219*7
201*0
97*3
142*0
51*6
1,330*4
1,396*7
1,618*4
693*5
15,316*4
1,689*3
307*0
569*0
106.0
2,671*3
847*9
259*0
5,462*3
14,209*0
33,905.9
15,316.4
2,671-3
4,190*9
71,564*9
1,762*2
107%
104%
lt'3%
97#
>>
aj
107
o
107%
101%
103%
a
Frank*
6s (1862) at
d.
3
3
43
-
0
8.
82
6
0
6
6
65 0
“
6
0
6
6
0
60
33
40
65
farket.
$ cwt.
fine
“
Petroleum(reflned)....
(spirits)
Tallow(American)...$ <
Cloverseed (Am. red)..
“
“
Sat.
d.
Ltns’dc’ke(obl).#tn 11 10 0
Sugar(No.l2D’chstd)
63 0
28 6
spot, $ cwt
Spprmoil
ton 98 0 0
Whale oil
33 0 0
“
Linseed oil..
“ 29 6 0
on
..
3
3
6
4
43
0
12
d.
28 0
o
12 u
12 4
14
0
37 9
3 6
4
3
43 0
s.
Fri
d.
23 0
12 3
12 4
11
0
37 6
6
3
4
3
0
43
8.
is 3d. and
Tues.
d.
7 9
16 0
1 0%
1 0
3S 9
8.
0
0%
0
9
0
6
0
6
6
0
45
20
Thur.
8.
d.
Wed.
d.
7
16
1
1
38
30
d.
6
G
0
0
6
Fri.
s.
d.
82
62
39
40
66
6
6
9
6
6
spirits turpen.
e.
45
0
6
8.
82
62
39
41
65
9
7
0
16
1
1
0
0
9
0
6
41
45
30
9
0
0
0
3
0
6
Fri.
1 il.
8.
7
16
9
0
10%
1
38
45
30
0
9
0
6
Markets.—Linseed oil closes at an
Oil
Tues.
Mon.
s.
d
11 10
63
0
0
£
61
38
40
65
6
0
8.
d.
6
8.
40
65
o w
16
1
1
38
45
30
82
3S
60
Thnr.
Wed.
d.
6
0
6
Mon.
d.
7 9
Sat,
8. d.
7 9
16 0
1
0%
1
0
38 9
45 0
30 0
Produce and
Linseed (Calcutta)....
12
14
37
0
8.
1
higher in price.
p.
Thur.
d. /
0
3
4
0
9
6
4
82
*
~£
28
Tues.
d.
d.
82
60
38
40
Pork (mess) new $bbi...
Bacon (Cum. cut) new$ ci
Lard (American).... “
Rosin (American)...
8.
0
3
4
0
9
28
12
12
14
37
3
3
43
Mon.
Sat.
8.
London
97%
Market.—Pork, lard and cheese are all
Liverpool Provisions
quoted higher.
tine 6d.
d.
8.
0
1 *
3
9
0
6
4
28
12
12
13
33
bbl 28 0
1
(Red Winter)
“ 12 3
“
(Cal. White club) “ 13 9
Corn (Went, m’d)
quarter 37 6
Barley (Canadian).. ..x9 bush 3 6
Oats(Am.&Can.)
$ bush 3 4
Peas (Canadian). ..$ auarter 43 0
spr)..$ ctl 12
2heese(Amer’n fine)
d.
s.
Wed.
Tues.
Mon.
Sat.
s.
“
97«
....
Market.—Breadstuff's close quiet, with
Liverpool Breadstuff 8
wheat l@3d. higher.
Flour (Western)
Wheat (Red W’n.
97%
....
Market.—See special report of cotton.
Liverpool Cotton
advance of 3.2.
355*3
966*5
ice>;
103%
103%
for United States
daily quotations
Spirits turpentine
.259*0
106
91%
91%
were:
475*7
ii
92
106
94%
92%
9:%
*
92
92
94 &
91%
1,912*6
2,201*4
91%
92
Fri.
Thnr.
Wed.
91%
91%
1807.
3,844*4
454*0
447*5
261*5
656*0
310*5
Tues.
91%
Sat.
U. S. 10-108.
fort
2,003*0
1,260*3
2,898*3
Mon.
92
94
3,833*2
6,479*1
2,233*9
RECAPITULATION.
New England
Middle States
23d ult.
organized since the
14,209*0
1,280*6
1,323*2
198*0
10*0
569*0
Nevada
banks
Catest filonetarg
1,413*2
5,845*4
17*1
62*0
21*0
847*9
297*0
new
Bank, New York.
al
closing quotations in the markets of
pool for the past week have been reported by
5,283*3 as shown in the following summary:
33,905*9
1,544*5
,
1,491*3
Oregon
No
5,462*3
238*7
935*1
493*3
l Bank, New York,
approval of Union Nat’l B k,
liquidation) revoked. r
Agents;
170*1
928*0
1/ 62.2
39*8
14,468*5
California
1,738*7
Approval of Im¬
Bank, New
Chicago.
porters’ & Traders’ Nat’l
York, revoked.
91%
966*5
Indiana
Illinois
Wisconsin
Minnesota
Iowa
Kansas
Miles, 1873
935*5
895*8
794*2
Redeeming Agent.
al
follows:
States and Territories.
approved as an addition¬
New York,
Bank
s.
d.
11 10
63
0
0
£
S3
33
28
0
0
29
6
28
0
0
9
Wed.
£ s. d.
11 10 0
63 0
.
93
33
29
28 6
0 0
0 0
9 0
Thnr.
Fri.
£
s. d. £
s. d.
11 !0 0
11 10 0
63 0
63 0
93
28
0
93
28 6
0 6
January 8,
i8?4.]
i
CTcpc?:
COMMERCIAL AXD
MISCELLANEOUS, NEWS. ';
y— -~,,t
'
„
*
THE CHRONICLE.
^
“In 1871 tlie debt of the line by the temporary loans and current
bills was^2,807,292 57, and this is to-day $1,257,000.
0 “It wafe easier in that time, with a
property less valuable by five
millions than now, to float such a debt than1 carry in the .present
time the insignificant amount of such obligations, whose propor¬
tion to the debt of: that day, when considered with reference to
the value of the property then and now, admits scarcely any
Week.—The imports this
week show a slight increase in dry goods and a decrease in general
merchandise. The total imports amount to $3,919,88# this week,
against $5,008,951 last week, and $4,519,164 the previous week.
The exports are $6,075,750 this week, against $5,548,847 last
week, and $5,375,915 the previous week. The exports Of eotton legitimate comparison. - The present debt was incurred at a time
of ease in monetary matters, and when there were no forebodings
the past week were 11,890 bales, against 13,165 bales last week.
of the stringency which has set in and yet continues to oppress
The following are the imports at New York for week ending
every interest, and because it was then difficult to realize assets,
(for dry goods) Dec. 25, and for the week ending (for general embracing eight thousand tons of old rails and $1,097,000 of
merchandise) Dec. 26:
unsold gold bonds, equivalent at any estimate to $1,200,000. It
,
FOREIGN IMPORTS AT NSW YORK FOR THE WEEK.
Imports and Exports for the
$977,472
$1,097,27.1
$2,222,063
Dry goods
General merchandise...
has been the continuance
values which necessitated
1873.
1872.
1871.
1870.
$878,511
of this difficulty to realize upon these
and imposes the larger share of the
3,041,371 present floating debt, which, at this writing, stands at $1,257,000,
and as against which, besides old rails worth, at present rate*,:at
Total for the week..
$5,124,396
$4,912,151
$4,575,759
$3,919,882 least $820,000, and $1,097,000 gold bonds on hand, there is in cash
Previously reported.... 299,314,392
371 601.576
421,650,439 380,274,131 and available bills receivable $287,766, with stores in hand to the
Since Jan. 1
$304,439,788 $376,513,727
$426,226,198 $384,194,013 amount of $200,000. It is to avoid any failure to meet the accru¬
In our report of the dry goods trade will be found the imports of ing demands of this debt, under a state of financial stringency
which continues to invade every locality and to paralyze every
dry goods for one week later. ‘
The following is a statement of the exports (exclusive of specie) interest, that the side of safety is preferred, and its bondholders
,^ i .
from the port of New York to foreign ports, for the week ending are asked to grant the indulgence indicated.
Coupons should be sent by express, or otherwise, to James E
Dec. 30 :
EXPORTS FROM NEW YORK FOR THE WEEK.
Cuthbert, Treasurer, Peterburg, Va., who will return the' com¬
3,598,287
3,814,872
2,902,333
“
1872.
1873.
$4,107,280
$6,075,750
pany’s notes as proposed.”
Atlantic & Pacific Railroad.—This company has issued a
Fteviouslyreported..
236,027,474 293,2T3,871 circular to its bondholders, from which we extiact the following :
Since Jan. 1
$4,187,739
$3,199,209 $240,134,754 $299,349,021 ‘♦The directors of the company announce to the holders of its
The following will show the exports of specie from the port of land grant bonds of July, 1868, its second mortgage bonds, and
the interest-bearing scrip of the company, that its fintanciai con¬
New York for the week ending Dec. 27, 1873, and since the
beginning of the year, with a comparison for the corresponding dition requires relief from the immediate payment of interest (in
date in previous years :
money) upon these three classes of securities. They have adopt¬
Dec. 25—Str.
ed a plan for funding and redemption, which it is believed will
Pommerania,
Dec. 23-~Steam8hip Acapulco,
1871.
1870.
$3,199,209
$4,187,739
For the week
.
•
Hamburg-
Aspinvvall—
$24,500
42,501
Silver bars
enable the company to meet ultimately
The plan for relief provides- for the
the land grant bonds, which mature
its every obligation.
funding of the coupons on
St.
Jauuary and July 1st, 1874,
Thomas
Silver bars
9,100 January and July 1st, 1875 (two
American gold
22,000
years), and the coupons on the
Dec. 27—Str. Celtic, LiverpoolDec. 23—Str. Crescent City,
second mortgage bonds which mature May and November 1st,
Silver bars
160,224
Havana—
1874, May and November 1st, 1875, and May and November 1st,
Dec. 27—Str. Weybosset, Port
Spanish gold
5,300
Prince—
1876 (three years), into the company’s gold coupon income bonds,
Dec. 23—Str. Java, Liverpool—
American coin
70.000 dated December 1st, 1873, payable in ten years from date, with
Silver bars
114,415
Total for the week
$448,041 interest at the rate of six per cent per annum, payable semi¬
Previously reported
48.556,710 annually, on June and December 1st. The coupons to be thus
funded will be exchanged at par, less the interest to maturity
$49,004,751
Total since Jan. i, 1873
for income bonds at par and interest to date of exchange. -lifts,
Same time in
Same time
$70,841,599 agreed that the coupons .so surrendered shall be placed in posses¬
1872
$71,515,273 1868
51, 01,948 sion of Henry F, Vail (cashier of the National Bank of Commerce,
1371
63,865.547 1867
62,553,700 in New; York), who has
1S7C
58,689.171 1866
been chosen trustee, and that they shall
30,003,683
l869
..32,108,448 1865
be retained by him, uncancelled, as security for the paymehfc of
The imports of specie at this port during the past week have the income bonds, both interest and principal.
Tbe holders of
boen as follows:
the land grant bonds of July, 1868, may at any time return to the
Dec. 23--Str. Vicksburg, JacDec. 22—Str. Atlas, Kingston,
company the income bonds they may have received in payment
mol—
JamaicaSilver
2,750 of coupons surrendered from that class of bonds, together with
Gold
$16,496
Gold dust
200 Dec. 23—BarkCuracoa,Curacoa—
any interest paid thereon meantime, and receive therefor their
Silver
458 par value and interest
Dec. 22—Str. Merrimack, Rio
in the lands of the company, mortgaged
Gold
16,881
Janeiro—
lor tbe security of said land grant bond, at valuation as per
Gold
500 Dec. 24—Str. Wilmington, Hav¬
American
gold
Dec, 23—Str.
Ontario,
City of Chester,
Liverpool-
Dec. 27—Str.
—
,
au
in
Gold bars.
Dec. 23—Str. Celtic,
3,572
Liverpool—
Gold
9,680
18,688,756
$18,695,448
Previously reported
Total since January 1, 1873
Same time in
1872
1871
1870
Atlantic,
1,15C
5,COO
$56,687
Total for the week
Same time in
$5,547,311 1 1869
8,619,290 1868
11,581,771 I
Mississippi, and
14.318,725
$7,163,071
Ohio Railroad.—Oen. Wm.
Mahone, President of this company has issued a circular to its
bondholders which contains the following:
This Company, in view of that stringency which has spread
over the entire country as a pall, paralyzing every interest, has
determined to ask the holders of coupons due Jan. 1, 1874, on the
bonds of tho Norfolk & Petersburg, Southside, and Virginia, and
Tennessee Divisions, composing the Atlantic, Mississippi & Ohio
“
Railroad Company, amounting
into the said Company’s notes,
to
$199,000, to fund such coupons
payable on or before the 1st Jan¬
1879, with interest at the rate of 8 per cent., payable semi¬
annually, such notes to be specially secured by a deposit with the
Treasurer of the coupons uncancelled, as in escrow, for the notes
so given in each case.
In 1870, the property of the whole line was carefully examined
and inventoried by a Board of Commissioners, with the counsel of
experts, to determine its actual value, and that commission put
the sum, in round figures, at $13,000,000, since when there has
been expended upon the road the sum of $3,330,000, in the
improvement of its road and equipment.
In the year 1869 these bonds stood in the market as follows :
Norfolk and Petersburg firsts 85, seconds 80; Southside firsts 80,
seconds 55, thirds 40; Virginia & Tennessee firsts 65, seconds 64,
thirds 70. And in 1873, anterior to the crisis, as follows : Norfolk
& Petersburg firsts 95, seconds 90; Southside firsts 90, seconds 75,
thirds 70; Virginia & Tennessee seconds 77, thirds 90.
The revenue of the line has gradually grown in value from the
sum of $1,054,258 10 gross in 1865-66 to $2,193,757 39 in 1878,
while its current expenses stand at $763,168 82 and $1,279,722 22
for the corresponding periods, showing a reliable improvement in
its.business and net revenue, which for the past year was more
than sufficient to meet every demand for current expenses and
interest upon its old and new debt as well.
uary,
“
“
“
of said mortgage.”
Chicago & Canada Southern.—The President has issued a cir¬
cular to the bondholders, which contains the following.
! '
Western connections can be reached at a comparatively small
expense. The funds tied up are fully secured, but time is neces¬
terms
ana—
Silver
Gold
“
the other resources of the <Company avail¬
therefore obliged to ask the Bondholders
to fund (in a new bond, having four years to run from October 1,
1873, and bearing seven per cent, interest) the four coupons fall¬
ing due October 1,1873, April 1, 1874, October 1, 1874, and April
1, 1875, from each of the Company’s First Mortgage Bonds ; the
exchange to be made by The Union Trust Company of New
sary to make them and
able. The Managers are
hold in trust the four coupons uncancelled until
is paid, thereby giving the bondholder alibis
original security in case of non-payment of the Interest $ond.
The interest on the Registered Bonds will be arranged in a similar
manner, with such variations only as are rendered necessary by
the form of the bond.
You will observe that the new bond bears interest from Octo¬
ber 1,1873, although it includes the funding of coupons due April
and October 1874, and April' 1875, thus offering an average bonus
York who are to
the Interest Bond
«
of
one
year’s interest.”
Trains
are
running
the Chicago & Canada Southern
Michigan, southwest to Fayette, Ohio,
on
Railroad from Grosse Isle,
terminus—about sixty-five miles. The track
to Fayette was laid last year, but was
not operated until the completion of the section from Blissfield
to Grosse Isle, which is about forty miles long.
New Jersey Midland Railroad.—The New Jersey Midland
Railroad has issued to holders of its second mortgage bonds the
the present western
from Blissfield, Mich.,
following circular:
Dear Sir : It is desirable on the
promote its best interests as well as
“
part of this company, to
the best interests of the
holders of its second mortgage bonds, that these bonds should be
funded into the consolidated gold bonds of the company. The
advantages of the gold bonds are that they bear gold interest and
become a first lien Jon the
extensions of the road from
Franklin Furnace to Belvidere, on the Delaware River, and also
the Hudson River;
second mortgage bonds
and being operated,
that part of the road from New Durham to
and at the same time take the place of the
as the second lien upon the road now built
and will ultimately become the first and only
on
as
thi first mortgage
bonds are also to be
bond upon the road,
funded into these con-
[January 3, 1874.
THE CHRONICLE
■olidated bonds. We are now prepared to exchange these
solidated gold bonds lor the second mortgage bonds of
pany. ' Therefore we respectfully request all
con¬ Washington, and been in official communication
the com¬
holders of second
mortgage bonds to call at this office at their earliest convenience,
with their bonds, and exchange the same. Mr. J. S. Christie is
the accredited agent of this company to make these exchanges.
with the Post¬
master-General.
He states in general terms that on October 1, the period settled
by Congress for the beginning of the performance of the contract
whereby should be earned the new subsidy of the Congress of
1872, the Board of Directors had performed the work mentioned
in the contract satisfactorily to all concerned, but the Government
All communications by mail should be addressed to him at the
had found that the letter of the contract had not been kept, inas¬
office of the company at 25 Nassau street, New York.
much as the contract stated distinctly that the mails should be
C. A. Wortendyke, President.
carried in iron bottoms of 4,000 tons buithen. The PostmasterH. R. Low, Treasurer/’
General said that while he desired to pay the money which he
The Midland officers have also asked their bondholders to
considered honestly earned, he was obliged to obey the law to the
advance them a loan of five per cent on the amount of their bonds.
A meeting of bondholders to consider this proposition was held letter, and did not have the power to go outside of a specific clause
of an act of Congress. He therefore could not pay the money for
.at Deckertown, Sussex County, N. J.; on Christmas Day* but the
the three months ending January 1, nor would he be able to
general opinion of those present was adverse to the proposition.
until the contract was filled in the proper way. In the meantime,
Ohio and Mississippi Railroad.—Holders of Second Mortgage of course, the
money for carrying the mails would be paid as
(Western Division) bonds, due Jan. 1, 1874, are requested to usual, but not the outside subsidy.
present them for payment at the office of the Union Trust Com¬
The United States Life Insurance Company—Twentypany. No. 71 Broadway, New York. Prior to which,
“
“
such of said
registered should be transferred to bearer, at the
office of the Ohio and Mississippi Railroad Company, No. 261
Broadway.
Southern Minnesota.—The receiver reports that the gross
earnings for the year ending December 1 have been $725,000--which lie asserts might, under ordinary good management, have
been increased to $1,000,000, if the business were in hands with
less restricted authority than that of a receiver, r
The foreclosure sale will not take place January 15, but that is
the date up to which new arguments can be filed.
A committee
of the bondholders has prepared a plan for bidding in the road
under the foreclosure and a reorganization by which the 8 per
cent construction bonds shall be replaced by 7 per cent bonds, the
interest on which to the amount of one per cent shall be payable
in preferred stock for the first two years, if the net earnings are
not sufficient to pay the value in cash; the overdue coupons, down
to April next, shall be paid in preferred stock ; the holders of
these bonds and preferred stock shall choose all the directors
except two, who shall be chosen by the holders of common stock,
into which will be converted the 7 per cent equipment bonds, at
the rate of $8,500 per mile, while the holders of the present com¬
mon stock and the floating debt will receive the new common
stock at the rate of $1,500 per mile, if they will agree to the plan.
This plan will give a capital account per mile as follows :
Seven per eent bonds
.$20,000
Donds
as are
4,400
10,000
Preferred stock
Common stock
$37,400
Total
to have authority, with the consent of a
common stock, to issue second mortgage bonds at
and the directors
majority of the
are
equipment and repairs.
organization will require for interest payments net earn¬
ings of $1,200 per mile for the first two years, and $1,400 there¬
the rate of $2,000 per mile for
'This
after.
Southside Railroad of Long Island.—There is a probability
that the Southside Railroad will be transferred to parties who
will compromise the debts, pay up the interest, and thus avoid a
foreclosure, which is at present threatened. The parties who
contemplate purchasing are the unsecured creditors of the
road, who will combine and take possession of the best means of
securing a portion of their claims. In this event no immediate
thus
change in the management will be made. The trustees now in
charge estimate the value of the road and equipment at nearly
$3,o5o, 000. The first and sinking fund mortgages amount to
$2,250 ,000, with an accrued interest of about $75,000, thus show¬
ing a balance in favor of the remaining creditors of not less
than $500,000.
The travel and freight business of the road is
now unusually good, and expenses have been greatly reduced—
the pay-roll having been cut down from $20,000 to less than
$13 ,000 per month.
o.
Texas & Pacific.—Track laying on the Jefferson division is
resumed, and the rails are now going down from the present
terminus at Moore’s landing northeastward. The work is now
about completed to Texarkana, where the connection with the
fourth Annual
Report.—With
a
promptness that cannot be too
highly commended, the United States Life Insurance Company, of
New York, appears to-day with its annual statement. Tnis state¬
ment of the year’s operations was completed at ten P. m. of
December 31, and was published January 1.
The following facts ar9 set forth in this report: 1. That the
interest receipts during the year have more than paid the losses
by death. 2. That the dividends of this year have been largely
in excess of the last. 3. That the amount paid for surrendered
policies is much less than last year, showing increased confidence
on the part of the public.
This is remarkable when the terrible
condition of monetary affairs during the past three months is
taken into account. 4. The solid character of the assets. 5. The
handsome surplus over all liabilities, and last, but not least, the
small balance in the hands of agents.
This statement has value in many
respects. It shows that the
Company is managed by men who not only labor in the interest
of its policy-holders, but that they labor effectively. The watchful
which thus enables them to show so splendid an array of
assets, anl so little outstanding and unused money makes an
excellent basis for the confidence reposed in this really excellent
care
Company.
Of the premiums in the course of collection but 23,000 was
actually outside of the Company’s office in New York, being less
than one week’s premium receipts. Additional items of liabilities
may be observed in the statement of this Company, viz.: “ Pre
miums due in 1874 and future years,” and " reserve on policies
lapsed and liable for surrender and restoration.”
—The number of Littell’s Living Age for the week ending
January 3, begins a new volume (the 120th) of that sterling peri¬
odical, and the present is therefore an excellent time for the
beginning of new subscriptions. For early numbers of the year,
the publishers already announce articles on important topics by
Dr. W. B. Carpenter, the eminent scientist, Sir Arthur Helps,
Alfred Russell Wallace, F. R. S., etc., and Letters of Elizabeth
Barrett Browning on Literary and General Topics, together with
choice fiction by Mrs. Oliphant, Miss Thackeray, and other favor¬
ite writers.
With fifty-two numbers of sixty-four large pages
each (aggregating over 3,000 pages a year), the subscription price
($8) is low ; or still, better, for $10, any one of the American $4
magazines is sent with The Living Age for a year. Littell &
Gay, Boston, Publishers.
—The Consolidation Coal Co. has declared an annual dividend
of 4 per cent.
The company is reducing its funded debt by sink¬
ing fund payments, and the first mortgage is now $482,000; the
consolidated convertible bonds outstanding only $300,000; the
Cumberland Coal first mortgage $247,000 outstanding.
BANKING AND FINANCIAL.
CENTRAL PACIFIC RAILROAD COUPONS.
Due January 1,
1874.
Company of California
$25,885,000
Company of California
2,735,000
seven miles beyond Honey Grove, and is steadily progressing.
California and Oregon Railroad Company
6,000.000
The entire work of building the Texas Pacific Railroad has gone
The coupons on the above first mortgage bonds will be paid, in
on, and the completion of the line to Texarkana will give the
bonds of the road an increased value, and thus put the creditors Gold, at the office of Fisk & Hatch, on and after January 2.
C. P. HUNTINGTON, Vice-President.
of the Construction Company, who hold its securities, in a much
better position.
New York, December 26, 1873.
Union Pacific.—The Washington correspondent of the Journal
of Commerce says: “ The report of the government directors for
BUFFALO CITY 7s,
the Union Pacific shows that the company are selling their lands
“PUBLIC PARK BONDS.”
at an average of $4 50 per acre, leaving title to be obtained from
i' Interest and principal payable at the Gallatin National Bank in
the United States, because the government has stopped certifying
this city. Principal due 1921.
lands to the company, in pursuance of an executive order to
PRICE 96 AND INTEREST.
withhold one-lialf the lands not certified to the company, until
DANIEL A. MORAN,
they should begin to pay the interest on their subsidy bonds, and
40 Wall street.
set aside five per cent of their net earnings for payment of the
principal of those bonds.
But the company, though it has
received all the subsidy to which it was entitled by law, still COTTON CONTRACTS
maintains that its road is not completed, so as to avoid the five
Bought and sold for a Commission.
Advances made on Consignments,
per cent sinking fund.
It has accordingly become a mooted
R. M. WATERS & CO., 56 Broad st.
question here whether, in accordance with its conditions, the
land grant has not lapsed, if the contention [of the railroad com¬
pany that their road is not completed be true.”
RAILROAD BONDS*—Whether you wish to BUY or SELL
Pacific Mail S. S. Co.—At a meeting of the Directors of the write to
HASSLER & CO.,
Pacific Mail S. S. Co., Mr. Henry G. Stebbins made a report on the
No. 7 Wall litreet, New York
matter of the Pacific Mail subsidy, Mr. Stebbins.has been to
Cairo & Fulton is to be made. Track on the Trans continental
division is laid 50 miles eastward from Sherman, Texas, which is
Central Pacific Railroad
Western Pacific Railroad
this
money in the open market is quoted at 4; the bank gained
week £496,000 in bullion.
The New York banks report to-day only $970,000 of loan cer¬
tificates outstanding against $1,220,000 December 31. The last
statement of the city Clearing-House banks, December 27,
a further increase in legal tender reserve, the excess above the 25
and sell Government Bonds, Gold and Gold Cou¬
pons at current market rates.
We buy and sell Investment Stocks and Bonds at the Stock
We buy
Exchange cn Commission for
showed
Cash.
We make Collections for
merchants and others, at all points
per cent requirement being $12,601,250.
The following table shows the changes
and a comparison with 1872 and 1871:
United States and Canada.
We receive Deposits subject to draft at sight, and allow
interest at the rate of 4 per cent per annum.
We issue Certificates of Deposit available in all parts of
in the
to be
agreed
upon.
generally, for out of town Banks, Bankers and
Correspondents, on
reasonable terms.
present favorable opportunity for
investment in Central Pacific and Western Pacific Gold
We
call attention to the
Bonds, which are actively dealt in,
both in this country and in
Europe, and which at current prices are every way
Fisk &
Bankers and Dealers in Government
Securities,
Hatch,
5 Nassau-st.
Dividends have been declared during; the past week :
Company.
When
P’able.
Books Closed.
Jan. 1
Jan. 10
Jan. 2
Jan. 20 Jan. 2 to Jan. 22
4
3% Jan. 1
Jan. 20
3
2% Jan.10
5
Jan.12
Jan. 8
3
4% Jan. 5
Jan. 5
4
1% Jan. 6
1% Jan. 2
Jau. 1
3
Jan. 20
3
Jan. 1
5
Jan. 1
5
Jan. 1 l
5
3%
1%
4%
Berkshire (quar.)
Cayuga & Susquehanna
Central of New Jersey
Concord & Portsmouth (quar.)
Maine Central & Androscoggin
N. Y., Prov. & Boston (Stonington), quar
Norwich & Worcester
Ogdensburg & Lake Champlain
Paterson & Hudson
Paterson & Ramapo
Pittsburgh, Fort Wavne & Chicago (quar.)
“
special (quar.)
“
“
Pittsfield & No. Adams
Portland <fc Kennebec
Portland, Saco & Portsmouth
Taunton Branch
Union
Banks.
Chatham
Eleventh Ward
First National (quar.)
First National of Yonkers
5
3%
5
5
5
4
Long Island of Brooklyn...’
Manufacturers’ National of Brooklyn
Tenth
2% gold
.
Jan. 2
Jan. 2
Jan. 1
Jan. 10
Jan. 2
Jan. 2
Jan. 2
Dec. 24 to Jan
5
10
Commerce, Fire
Brooklyn, Fire
Hanover, Fire
...
Irving
Nassau, Fire
Peoples, Fire
5
5
7
10
s
5
New York & Yonkers, Fire
Miscellaneous.
Central New Jersey Land Improv.
Consolidated Coal of Maryland
National Trust Co
on
Dec.
Dec.
Dec.
Dec.
27.
29.
30.
Jan.
Jan.
31.
period.
2.
Ill
111% 110% 111% 111*
115% 116% 116% *116%
6s, 1881
coup.. Jan. & July. 119% 120% 120% *120%
6s, 5 20’s, 1862
coup..May A Nov. ♦113% *113% 113% *113%
6s, 5-20’s, 1864
coup..May & Nov. *114% *115 *114% *114%
coup..May & Nov. *115 *115% 115% *115%
6s, 5-20’s, 1865
6s, 5-20’s,1865 new,coup..Jan. & July. 118
118% 119
119
6s, 5-20’s, 1867.... coup.. Jan. & July. 118% 119% 119% 119%
6s, 5-20’s, 1868
coup..Jan. & July. *118 *118% *119% *119
reg..Mar. & Sept. Ill
58,10 40*8
111
111% 111%
113
5s, 10-40’s
coup..Mar. & Sept. *111% 112% *112
6s Currency
reg.. Jan. & July. 113% *113% 114% 114%
5s, funded, 1881, ..coup....Quarterly.
reg.. Jan. & July.
6s, 1881....
This is the price
bid, no sale was made at
-1873.-
reg., 109% Oct.
5-20’s, 1862
6s, 5-20’s,
6s, 5-20’s,
6s, 5-20’s,
6s, 5-20’s,
June
Apr.
Apr.
Apr.
June
121% May
120% June
115% July
116% Aug.
116% May
coup., 106% Oct.
18r*5
coup. 107% Nov.
1865, new coup. 109 Nov.
1864
Oct.
Oct.
coup. 110
coup. 110
reg. 103%
coup. 105
reg. 107%
1867
6s, 5-20’s, 1868
5s, 10-40’s
5s, 10-40’s
6s, Currency
Oct.
Oct.
Sept.
Closing prices of securities in
94%
94%
State
and
92
91%
Railroad
116
115
*xll5%
111%
113%
*114
amount of each
follows:
Amount Dec. 1.—,
,
89,693,950
155,779,350
83,260,050
33,858,950 118,852,400
55.871.450 146,761,660
87.210.450 223.443,750
18,750,000 23,724,000
140,682,300
9
28
30
29
13
28
10
14
25
31
16,879,000
25,767,750
53,885,000
64,623,512
London have been as follows:
Dec.
24.
Dec.
19.
—>
123%
118%
118%
120%
120%
coup., 111% Oct.
105
Oct,
coup
1881
*115%
-
Registered. Coupon.
116% Apr. 25 $164,404,450 $118,829,650
24 193,042,400
119
May
funded 1881.. ..coup. 106% Nov.
1881
113%
115
Highest
Lowest.
5s,
6s,
6s,
6s,
116%
xll7%
the Board.
The range in prices for the year 1873 and the
class of bonds outstanding Dec. 1,1873, were as
U. S. 6s, 5-20’s, 1865
U. S.6s, 5-20’s, 1867
U. S. 5s, 10-40’s
New 58
.
Jan. 8
Jan. 2
on dem.
Jan. 1
perad-
follows:
Closing prices daily have been as
3
Insurance.
reinvested this month will nat¬
medium which is considered safe beyond
a
venture.
*
Railroads.
Attleborough Branch
urally seek
Int.
DIVIDENDS.
Per
Cent.
the January and July issues selling ex-interest.
of buoyancy in these bonds, as
There seems to be every prospect
the large amount of money to be
desirable.
<&f)e Bankers’ (0>a?rtte.
The following
1,035,600 198,529,600 200,400,800
96,300 41,119,600 40,282.80o
Bonds.—Government
securities have been
United States
strong to-day,
1871.
Dec. 30.
$902,600 $274,572,400 $270,534,000
1,526,400 17,241,300 25.049,600
30,700 27,573,900 28.542,800
$257,191,900 $258,094,500 Inc.
21,987,900
23,514,300 Inc.
27,125,400
27,156,100 Inc.
194,116,500 195,152,100Inc.
44.664.000 Inc.
Lecal tenders.
44,567.700
Collect
1872.
Dec. 28.
^
Loans anadis.
Circulation....
Net deposits..
from previous week
Differences.
Specie
Dividends, Coupons, Interest on United
Registered Bonds, and altend to Banking business
States
We
Ig’yg*
Dec. 27.
Dec. 20.
and in case of Special Deposits allow interest at rates
the country,
9
THE CHRONICLE
January 3, 1874.]
94%
94%
92%
91%
Jan.
2.
Year 1878.
,
Highest.
Lowest.
91%
92%
88%
88%
107
107%
104%
103%
Apr.
June
May
May
18
13
20
19
96%
98%
92%
92%
Oct. 10
Dec. 4
Jan. 81
Dec. 11
Bond*.—There have been a few sales
bonds, but nothing
of Tennessee has been
bonds that the
Funding Bill passed last March will be carried out, and the July
and next January coupons will be paid, in cash. There are also
$1,500,000 of bonds to be cancelled which have just been paid in
of Tenneesees, and South and North Carolina
like activity in the market. The Governor
in New York and assures the holders of Tenn.
dem,’
Jan. 2
Jan. 2
on dem.
by the Nashville and Chattanooga Railroad.
For the older issues of railroad bonds the demand has been
good and bids fair to increase as the month advances. There is
Fbiday, January 2, 1874—6 P. M.
every reason to have confidence still in a large majority of the
The Money Market and
Financial Situation.—The completed railroads, and as the amount of new bonds offering has
diminished, the old bonds will absorb funds seeking investment.
new year
opens very favorably. There are evidences of much
Closing prices daily,and the range for the year 1873, have been
-1873.
Dec. Dec. Dec. Jan. Jan.
Dec.
Lowest
Hi,ghest.
activity in business in the formation of new firms, and a cheerful
2.
1
31.
80.
29.
27.
86
Mcb.lt
62
Nov.
80
*80% *80
•80%
tone is noticed in commercial and financial circles generally. 6e Tenn., old
86
Mcb. 17
Nov.
62
80
*80
81
•31
Co
7a
4
4
Jan. 20
Jan. 20
iJan. 2
Jan. 2 to Jan. 20
Jan. 10 to Jan. 21
....
of interest and dividends was progressing to-day as
rapidly as possible, and an agreeable surprise was produced by
the default of a much smaller number of railroads than had been
anticipated. A particular description of each of the issues of
bonds now in default for the first time on their January interest
The payment
is
in
given in another column.
New
York
The total disbursements to be made
for interest and dividends may
be set down at
in Boston they are stated at $9,701,135, against
$12,083,034 last January.
It is apparent that the prevailing opinion favors the idea of an
about
$60,000,000
;
easy money market during the
the future may in fact develop it
coming months, and whatever
is certain that there is now no
6s Tenn., new
6s N. Car., old
6s N. Car., new...
6s Virg., old
do ” consolid.
do
deferred.
31
•24
....
...
*50
*9%
*50
11
8
•93
93
86
76
.
25
15
“36
•50
•9%
7
*98
....
*38
*50
*i0%
7
91
*93
6b Missouri
96
96%
Cent. Pac., gold..
95%
86
85%
85
Un. Pac., 1st
75%
75%
74%
do
L’d Gr’t
*74
<5
74%
do
Income.
75%
•100
*100% •100 *101
Erie 1st M. 7s
105% 106
N. J. Cen. 1st 7s.. *101% 105
•105
*105%
Ft Wayne 1st 7b. •101% *105
105
105
*105
Rock laid 1st 7s... 105
Mallroad
Nov.
Dec.
Oct.
34% Jan. SO
48% Oct.
56% Mcb. 17
15% Jan. 2
*23
*14
*36
*49 H
*25
>
•r*
18
15
85
*10%
*6%
x90%
7
7
84
80
Oct.
Dec.
57
86
98
98
Nov.
100
Nov.
Nov.
O
and Miscellaneous
82%
*76
74%
*101
106%
....
•xlOO
Sept.
Sept.
64% Nov.
96
Oct.
Nov.
Nov.
19
49
23
97
Jan.
Feb.
4
7
Jan. 20
June 26
104% Feb. 10
Feb.
Jan.
88% Jan.
89
80
4
6
6
104% Sept. 1
107% July 1
109% Apr. 8
106% June 17
Stocks.—The year opens
expected, oven by those
with a more buoyant market than was
who predicted an advance in stocks
The tendency was upward, and the closing
later in the month.
prices on leading
generally near the highest point of the day, and were
stocks were
renewal of last year’s stringency.
tender circulation stands to-day at $378,405,000, as follows:
New York Central and Hudson, 100^100^ ; Lake Shore, 79£@
against $377,047,000 last Friday. The total net increase of the
79|; Rock Island, 102f@102£; Wabash, 51@5U; Northwestern,
public debt during December was $8,453,272.
Money on call has been more active, and during the early part 584@58f ; Milwaukee and St. Paul, 43f@43£ ; Pacific Mail, 39$®
of the week stock brokers paid as high as 1-32 commissions for 40; Erie,4?i@47£; Ohio and Mississippi, 30|@30£ ; Union Pacific,
‘
loans ; to-day the morning rate was 7 per cent, and the closing 31f@32.
The weekly railroad earnings, as reported below, show a decid¬
rate declined to 6 after having been up to 1-16 per day.
On commercial paper the rates are quoted at 8 to 9 per cent for ed improvement, and the third week of December was, in the
several roads, considerably ahead of last year.
prime names, and the demand at these prices is good. Any trans¬ case of
The month is not yet sufficiently advanced to develop the ten¬
actions below 8 per cent are exceptional, and furnish no guide for
dency of speculation, and the probable effects of clique operations,
buyers or sellers.
The daily highest and lowest prices have been as follows;
The Bank of England rate is unchanged at 4£ per cent, though
apprehension of
The legal
a
Jw-JV-***,
-S-.
(January 3, 18~4«
THE CHRONICLE
10
Saturday, Monday*
.
do pref
Lake Shore....
Wabash
Northwest
do
pref.
Rock Island...
6t. Paul..
*....
755$
48*
55?$
69)$
56
55
69), 69*
98)$ 100
40)$ 41)$
Ohio A Miss...
71)$
76* 76*
4S* 49*
56* 57*
133,
59)$
41*
13*
80?$
*.... 103
102
102
3*
103V
*7*
•31*
30*
3)$
8*
3)$
26)$ 27)$
27)$
27)$
SO”
SO*
2*
De).,L. A West 103)$ 108)$ 103)$ 101)$
Han. A St. Jos.
do
pref.
Union Pacific..
85
35
30)$ 80)$
26)$ 27)$
Col.Chic.Al.C.
108
72)$ 723$
*.... 29
*.... 40
37)$ 88*
91
91)$
*56)$ 57)$
108
72* 73 *
105
Panama
West, Un. Tel.
28
33
28
as
3')$
Quicksilver....
89*
92)$
57)$
do
pref.
Pacific Mall....
Adams Exp....
American Ex..
*90
*'6
United States..
Wells, Fargo:.
*66)$ 67)$
*6 >
68)$
Canton
Cons. Coal
Maryland Coal.
50)$ 50*
*17)$ 21
This is the price
3*
101
27*
36
30*
80
27* 27*
*....
20)$
73*
.12*
29
*33
33*
92
*58
....
69
22
•91*
92
5^*
for the years 1873 and
1872 was as follows:
Atlantic & Pacific
~
..
pref.
Ohio & Mississippi....
Central of New Jersey.
Boston, Hartf. & Erie.
82
85
91
Nov.
Panama
West. Un.
Telegraph..
Quicksilver
pref
do
Pacific Mail
Adaips Express
American Express
United States Express.
Wells, Fargo & Co
4
3
Feb.
Feb.
83* Nov.
64
Nov.
66* Jan.
38* Jan.
49* Jan.
106* June
10* Feb.
29
24
7
3
230
102
June
7
Nov.
Nov.
15
21
106
38
Nov.
Oct.
Nov.
Nov.
Jan.
94* Feb.
46* Jan.
Consolidated Coal
38
13
Oct.
Oct.
6
130
57
72
Dec.
Nov.
Sep.
Jan.
Jan.
105*
Jan.
2 25* Jan.
1
30
76
281110 May
311 58* Apr.
A
3
Nov.
The latest railroad earnings
,
28
1
Jan.
15
May 18
Mch. 16
17
19
Apr. 1
42* May 21
148* Oct. 26
82* Deo. 23
49* Dec. 6
6 67* Sep.
Feb.
Apr.
Jan.
Jan.
Oct. 21
59
103* Oct. 22
Jan.
99* May 20
80* May 24
88* July 6
95
May 21
107
Jan.
Oct.
23
are as
follows:
Jan.l to latest date1872.
1873.
-Latest earnings reported.1872.
1873.
Roads.
$110,729 $5,074,265 $5,175,440
Atlantic & Gt. West. 3d week of Dec. $114,250
22,009 1,245,003 1,116,856
24.800
Atlantic & Pacific... 3d week of Dec.
18,937 1,151,922
9SO,053
29,155
Bur.,C. Rap.& Minn. 3d week of Dec.
Month of Nov. 1,296,812 1,299,900 12.906.402 11,886,909
Central Pacific
644 768
55,000
555,389
61,230
Chtc., Danv. & Vine. Month of Nov.
389,829 4,329 921 4,103,881
311,935
Cleve..Col., Cin. & I. Month of Nov.
238.786
212,942 13,199,965 12,052,930
Chic. A Northwest. 3d week of Dec.
8,737
1st week of Doc.
5,021
Denver & Rio Gr.
374,280 1.9,251,323 18,554,714
3d week of Dec.
435,769
Eric
696.475 7,436,118 7.323,687
Month of Nov.
622,433
Illinois Central
102,431 1,409,626 1,233,878
112,974
Indianap., Bl. & W.. Month of Nov.
63,515 3,363,501 3,481,540
1st week of Dec.
49,819
Kansas Pacific
340,838 18,730,106 17,169,429
333,912
Lake Sh. & Mich. S. 3d week of Dec.
120,856 8,729,716 6.830 938
199,600
Milwaukee & St. P.. 3d week of Dec.
230.518
3,136,509 1,696,376
Month of Nov.
309,000
Mo., Kan. & Texas..
344,335 2,420.739 2,591,947
Month of Nov.
236,635
Mobile & Ohio
319,024 3,344,893 3,242,859
266,533
Ohio & Mississippi.. Month of Nov.
64,570 3,582,788 3,470,648
77,500
Pacific of Missouri.. 3d week of Dec.
61,297 2,712.250 2,796,631
62,760
St. L., Kans. C. & N. 3d week of Dec.
42.800
60,162 2,168,227 2,152,709
St. Louib & Iron Mt. 2d week of Dec.
23,366 1,316,805 1,377,112
18,985
St. L., Alton & T. H. 3d week of D; c.
575,230
505,303
11,242
11,040
do
branches. 3d week of Dec.
18,730 1,239,747
25,840
St.L. <fc Southeast.. 3d week of Dec.
103,110
81,191
Tol.,Peor. & War... Month of Nov.
..
....
.
4 76
4 76*
4 77
4 77*
4 78
..106.42*
106.53*
4 78*
4 79
....
..
106.08*
4 71*..
4 72
4 72*..
4 73
106.20
.
.
..
.
1
4 80
4 80*
*©1
©..
l*@l*
..©..
3*<y>t
3 ©3*
1*'3.1*
2 @2*
Erie
4)$^5
5 @5*
Lake Shore
S @3*
2 @3*
3*@o*
Nor'hwe^rn
2
Rock Island
2 @2*
3 @3*
Milwaukee A St. Paul
l*@l?$
2V@2?$
Wabash
2*©3*-64
Ohio A Mississippi
1*©1Y
2 @2*
Union Pacific
l (®1*
2 ©2*
Hannibal A St. Joseph
l*@l*
2*©3
Columbus, Chicago A Indiana C... 1*©1*
2*©3
Western Union Telegraph
Pacific Mall
v
New York Centra’& Hudson
2%@3*
2*<f03*
Tike Gold market.—Gold has been
15$@2
4
3
3
@..
©5
2*«3
6
@5
©S*
@4*
3HM
6 ©6*
4 @t*
5 *(<f, 6
5h@6
4 ©4*
5 ©5*
8X@l
3 ©5*
5 ©6
©3*
3)$@4
(43)$
(§3*
5), <a5)$
3 ©3*
4*©5
©4!$
<as*
@4 *
©2*
4
pretty steady throughout,
.v...
.108.90
.109.01*
.109.*
.109.23*
.109.45*
days.
@4.87
....@4,86
3
...
@.
...
41 *@
41 @ 41*
96*@
95*@ 95*
72*@
71 *@ 71*
The transactions for the week at the Custom Houbo and
Treasury have been as follows:
-
Custom
House
•
Jan.
$837,128
2,472,124
1,978,725
1,386,325
296,000
.
1.044,258 20
282,000
256,Of 0
$441,226 33
958,358 63
1,746,597 26
469,154 94
Holiday
790,128 78
$1,353,000
Balance. Dec. 26....
Balance, Jan. 2
$51 684.193 67 $21,421,597 15
$52 258,031 70 $25,657,175 46
statement
York City
-AYBBAOB AMOUNT
Diseounts. Specie.
$3,KX),(XG •9,(9.) <00 $2.9-2,400
2,050,000
676,500
6/59 100
9,695,100 1,683,(00
3,000,000
2,000,000
436.100
5.312,600
467,600
1,500.000
5,10,400
6,8o7,G00 1,873,800
3,(XX),000
Union
America
1, SOU,000
Phmnix
City
Tradesmen’s..
1,000,000
Fulton
Chemical
Merchants’ Exch’ge.
Gallatin, National..
Butchers’&Drovers’
MecnanicsA i raders
Greenwich
Leather Manuf.......
Seventh Ward
State of N. York..
American Exch’ge.
Commerce
.
Broadway
Mercantile
Pacific
1,000.000
600,000
300,000
1,285,000
1,500,000
800,000
600,(XX)
200,000
600,000
500,000
2,000,000
5,000,000
10,000,000
1, (XX),000
1,000,000
422,700
2,000,000
Republic
Chatham
450,000
People’s
.
North America...;.
412,500
Continental
Oriental..
2,000,000
8(X',000'
400.000
Marine
Importers’* Trad’rs
Park
Mech. Bank’g Asso.
Grocers’....
North River
East River
Manufacture’& Mer.
Fourth National....
Central National...
Second National....
Ninth National
First National
Third National
1,000,000
....
1,500,000
2,(X 0,000
500,000
S00.OO0
400,000
350,(00
500,000
5,000,000
S.WO.lXX)
800,000
l,5U0,tCC
500,(00
536,400
4.007,400
1,196,100
6,'24,700
19.',2t 0
169/00
92 ,600
3,028,00
1.522,100
6,953,900
107,060
431,800
53,000-
2/20,200
4,580,500
2,3'.2,(X)0
1.91',200
936,700
3,220,900
1.13\900
5,035,200
11,016, X)')
20,658,100
17,600
419,200
92/00
329,100
879,500
9'.-6/()0
411, 00
81,600
29,'00
5.563,600
2,515,500
1,790, 00
4,657,200
1,239.200
205,700
1.473,400
2,900
2,157,700
145,300
136.500
2,527.3003,127,500
1-6,UC0
849,4t0
2,823,(00
11.616,5(00
401,0(0 ° 1,335,200
1,000,000
2,143,700
1,000,010
2. 4i,7o0
1,000,000
2,806,100
1,000,000
3,157,700
on D^c.
OF
show 8
for the
27,
187a:
Circula¬
Net
tion.
Deposits.
$872,000
$•305,200 $5,891,100
9,7(0
8 0
5,031
1,392,200
Legal
Leans and
Capital.
Merchants’
Mechanics’
636,890 12
1,206,249 63
New York City Banks.—The following
the condition of the Associated Banks of New
week ending at the commencement of business
Banks.
New York
Manhattan Co
Sub'
.
.
2
Total
86
36
95
36
169,000
29
30.
31
1
72*
Payments.Ourrencv.
Gold.
$32.:,263 75 $277,950 79
907,464 64
310,716 48
874,114 81
3,469,487 21
473,457 27
1,833,007 63
Currency.
Gold.
41*
96*
Sub-Treasury.-
-Receipts.
Receipts.
Dec. 27........ $350,000
..
5.16*@5.18*
5.16*@5.18*
5.16*@5.18*
41
@ 41*
96* @ 96*
40*@ 40*
Frankfort
Bremen
Prussian thalers
...
for prime bills : 2
—January
95*@ 95*
Citizens
Nassau
'
Market
St. Nicholas
Shoe and Leather..
Corn Exchange
Gold for )$ com
83
5 21*@5.23*
Hamburg...
108.56*
.108.67*
.108.76*
82*
eO days.
@4.83
@4.82
4.78@4.81
5 21*@5.23*
5.21* @5.23*
Amsterdam...
tauce
i anton
10d.ll*
A ntwerp
Swiss
510,000
4,0(0,100
parties.)
108 .DO
.
Irving
Metropolitan
—Calls above.—n
30 days.
60 days.
.108.45
82
4 85
4 85*
.
...
4 86.45, par .
....107.88*
....
London prime bankera’ sterling
...London goodbankers’ do
London prime com. ster do
Paris (bankers)
1.00.>,000
1.000,000
,—Puts below.—,
30 days.
60 days.
....
,
Hanover
(Members of the Exchange or responsible
C6*
107.77*
107.
...
81*
4 83*..
4 84
4 84*...
...107.55
.
....
108.22*
.108.33*
4
4
4
4
107.21*
107.32*
107.43*
....
Method.
*1*1
106.96*
following are the asking rates
The
Method.
107.10
.
...
79*
106.05
106.76*
106.87*
.
Lapsley & Bazley, 74 Broadway and 9 New street, quote stock
privileges, $100 for !00‘shares, 30 days ; $!50 to $200, 60 days, at the following dis
from the market.
• ••
Old
Method.
New
Method.
$4 75*
105.86*
105.97*
....
Mch.
reported
106* 119* 110*
106.31*
4 70*...
4 71
42
76* Feb. 7 53* Jan.
100* Jan. 29 88* Sep.
70* Jan. 8 59 Jan.
82
Jan.
6 60* Jan.
86
Jan. 29 56* Jan.
44* Oct.
56
Sept.
55
91
7 28
3 44
4 28*
43* Feb. 11 19*
Nov.
Nov.
Nov.
Nov.
Sept.
14*
16*
77*
43*
51*
113*
11*
112*
59*
71*
3* Jan.
52)$ Feb.
71* Jan.
39* Jan.
Nov.
Nov.
Nov. 23
Nov. 25
118* Apr. 2
64* Apr. 1
83
Jan. 20
Nov.
Oct.
40
98
May !
98* Mch.!
80* Apr,
83* Nov.
10
Nov.
21 * Oct.
85
1
Method.
$1 70
4 75
Highest.
87
$271,507,000 $1,571,443 $1,726,622
228,315.000 1,115,581 1,275,190
109* 110* 110*
Exchange.—The market has remained pretty firm,
that the effect of incoming cotton bills was too
Old
Method.
.
101* Apr. 2
130
Apr. !
75* May !
Nov.
117* Mcb. 11 101
Nov.
62* Apr. 21 51
79* Jan. 24 72* Nov.
Canton
Maryland Coal
Feb.
80* Oct.
21* Nov.
43* Nov.
25
25
76
41
CoU Chic. & I. C
Feb.
Mcb.
30
60
97* Feb. 1*
75* Jan. 2
Del., Lack. <fc Western. 79* Nov.
Hannibal & St. Jo
do
do
pref.
Union Pacific
107* Feb.
Apr.
69* Feb.
1,726,622
low rates prevalent ten days ago.
and 4.87 for long and short sterling
respectively, which is equivalent to 108 11-16 and 109 9-1 6 under
the old method of quoting.
The old and new methods show the
:
following approximate equivalents as nearly as can be given Old
New
4 73*..
4 74
4 74* .
■1872.
140
31,349,000
110* 110*
110
1,571,443
Holiday.:
largely “ discounted” in the
The quotation to day is 4.83
...
Lowest.
89
Nov.
( F(
106*'Feb.
77* Nov.
99
Sept.
35)$ Nov.
66* Nov.
57* Nov.
32)$ Oct.
31* Oct.
53
....
Board.
-1873.
do pref
Lake Shore
Wabash
Northwest
do
pref
Rock Island
St. Paul
do
pref
Foreign
.
2,970,918
and it is evident
..
Lowest.
N. Y. Cen. A Hud. R...
Harlem
...
Erie
50*
*17
20*
Thursday, Jan. 1.
Friday,
“
2. ..no* no,* no* no*
2,445,523
74 582,000
no* no*
1,430.334
1,287,598
43,686,000
no* no*
..
...
74
73*
50*
70
50
ing.
est.
Saturday, Dec. 27. ...110* 110
Monday, ‘;
29 ...no* no
no
no
Tuesday,
“ 30.
Wednesday. “ 31. ,..no* no*
Current week
110*
Previous week...... .110*
Jan. 1,1873. to date.-.112*
Balances.--—»
,
Gold. Currency.
ing. Clearing*.
110* 110* $75,374,600 $1,435,567 $1,807,172
46,516,000 1,257,958 1,401,080
no* no*
est.
-
6)
70
69
•69
Total
Open- Low-High- Clos¬
New
...
58* 59*
69*
68*
'66
<9
50
*19
40
38*
39*
•68*
19* 50
t0* 31*
27* 28*
112
112
73
74*
111
109
38
•34
30*
27*
/
.Quotations.
Friday,
Jan. 2.
99* 100*
120
120*
47* 47*
*.... 71*
'<7* 79*
49* 51 •*
57* 58*
69* 71*
100* 10-')$
41* 44
66* 67*
•10* 12*
30* 31*
10'* 102*
3* ,3*
X99
99*
21* 27*
36*
30*
27*
73*
69
50
50
*18
104
*36
37* 38*
91* 91*
*57* 53*
*67* 69
*.
69*
69" 69”
3*
3*
27* 28
*....
30*
102*
104
109
72*
(
12
*102
27*
bid. no sale was made at the
The entire range
12
..
70
•64
27
103
27)$
27
106
■
66
12* 12*
80
30*
49
57
49*
57*
69* 69*
106* ICO*
41* 41*
66* 66*
’
41*
66
77*
16*
69*
99* 100
65
65
71 *
*69
69
100)$
4l)$ 41)$
10)
102
45
*....
76 \
49?$
56)$
60)$
9J
64)$ 65
13)$ 18*
8J
80*
pref....
At.A Pac.,pref.
uo
Central oi N.J.
Boat.. H.A Erie
4?X 71
449$
71
71
75* I6X
49* 50
120
46* 47
120
119* 120
*....
Jan. 1.
99*
99*
98*
97)$ 98)$
1199s' 120
N.Y.Cen.AH.R.
S«*
*117)$ 119
Harlem
Erie
*41* ....
Thursday,
Dec. 31.
Tuesday, Wednesday,
Dec
99
Dec. 29.
Dec. 27.
,
1,9;-,000
3X20,800
3,37 ',400
3tS,4t>0
1,187,300
560.300
621,000
308.500
301,HO
1,7:57 600
774,8(0
670.200
2 0,< 00
275.500
69,100
289,:X)0
250,600
741.900
1,2 i i ,700
3,032,(XX)
953.500
438.500
393 800
678.100
532,400
82.500
19’.,000
722.000
549,000
1/96,500
324,0)0
25 MC0
410.800
817 800
663.300
432,000
544.10)
986,300
37,500
2.4:1,900
3,351,800
22 ,400
154.500
205.100
107.100
204,4(0
3,957.500
841,000
121,800
6,500
74,200
2,403,800
1,343,800
2,107,300
12,05i,r00
11,409,500
1,032,300
661 m
991,800
,
3,-00
28 900
15,200
SOU
730,000
60,000
278,800
816,7(0
7(6,OfO
23,900
184,200
876,600
6,796,(XX)
1,016 700
76,100
2,495,500
926,000
971,100 1
16,419,SoO
6,83‘,000
1,430,0:0
6,632,900
3,393 70U
4,346,4(0
1,251.700
1,708,600
29,600
47,200
133,V00
92,200
47,91)0
Tenders.
804,000
141.100
492,000
3.-8,000
1,216.6(0
720,(00
1.201,009
214.900
278.800
531 5( 0
483,700
1,2C0
516,5i 0
6.827.200
3.229.400
4,461/00
1,456/00
1,US,600
7 i 1.300
6.719.400
442.800
4(6.800
24 4,7(0
2,2 9,100
3.181.200
1,543 (00
1,106.2(0
799.100
2,617.21 '0
890.200
8,311,000
6.662.500
8,408,\W
3,633,100
1,874,800
1.505.200
3,340,1 00
2,25 ‘,900
1.101.400
1.711,300
2.8 5,2tX)
2.892,000
6.981.400
1/82,500
1,972, OCO
1.671.500
946.500
2.189.500
1.257,000
1,057.800
1,081,(00
1.9 <8,700
11 854,400
13,439,700
825.100
515.200
821.200
5;b/oo
802,600
12.469.100
2,953.000
1/14,0(0
5,543,600
4,433/ 00
4,193,9(0
195/00
2/00
26 4.4(0
'
165.400
546.400
919.400
3.09!, HX)
b89,(KX)
479,900
8\\m
131.800
5,500
2*93/00
175.400
1,168,(XX)
129,600
3,900
8^2,400
741.400
792.5H)
5,-00
5S3.50C
4,100
860.000
487,000
918.400
804,700
211,000
2,871 6(0
1,4 6,(H 0
263,0(0
595,900
815,400
790,100
natural course, with
1,000,000
267,7(0
799.500
N.Y.National Exch..
500,OCO
819,000
647,600
very little speculative interference.
The occurrence ef the holi¬ Tenth National
1,000,010
225,00(1
301,0(0
846,0(0
250,060
' 4.500
1,110,000
days, and the present Treasury disbursements were sufficient to Bowery National...
180,01 0
905,' 00
250,0(0
200,000
765,000
25.000
check speculative operations for the time being, but the future New York Co. Nat. 2,002,010
4/01,10U
584,700
5,586,600
291.7(0
German American.
1/02,900
409.100
course of prices will depend largely upon the influence which
Dry Goods
1,000,OCO 2,183.400
8,3)0
cliques and combinations may exert in this market, and any predic¬
Total
$33,370,200 $258^094,500 $23,514,300 $44,664,000 $195,152,100 $27,156,100
tion based upon the present outlook would be liable to be defeated.
The deviations from the returns of previous week are as
On gold loans the rates to-day were 7, 6, 1-32, 3-04 and 7 per cent,
follows:
gold for carrying. Customs receipts of the week were $1,353,000 Loans
Inc. $1,085,600
Inc. $902,300 Net Deposits
The following table will show the course of the gold premium Specie.
Inc.
Su,7t0
(nc. 1,526.4(0 Circulation.
96,3)0
Legal Tenders
Inc.
e&ch day of the past week;
and the market seems to have been
left to
a
Janua
Dec,
13
252.373.500
254.520,600
257,191,990
..
Dec. 20...
Dec. 27...
44.729.300
88.679.900
36,717,200
21,'.67.000
20,442,300
13.844.600
21.158.600
22,319,500
21,987,900
21,514,390
253,094,590
27.158.100
42,060.600
41,567.700
44,664,090
182,015,300
190,054.200
194,116 500
195,152,100
8XCUBITIIB.
419,504.644
344,100,909
Capital
$750,000
1,500,000
Atlantic
Atlas
Blackstonc...
Boston
....
Boylston
...
Broadway
Columbian
Continental
Eliot
Everett
$1,7: >5,200
2,970,800
1,500,000
1,000.000
600,000
200,000
1,000,000
1,000,000
1,000,000
200.000
1,000,000
Kaaeull Hall
Freeman's
800,000
1,000,000
750,000
1,000,000
800,000
800,000
400,000
3,000,000
200,000
(llobf
HairiLXon
Howard...
Market
Massachusetts
Maverick
Merchants.
MountVernon
1,000,000
New England
North
Old Boston
1,000.000
900,000
1,000.000
1,000.000
fthawmut
Stioe A Leather
2,000.000
1,500,000
600,000
2,000,000
8catc
siiroik
Traders
Tremont
730.000
Washington...;.....
1,000.000
8econd (Granite)... 1,600 000
300,000
Third
Bank of Commerce
2,000.000
Bank of N. America 1,090,000
B’k of Redemption.
1,000,000
B tnk of Republic... 1,500,000
First
1,000,000
1,000,000
City
Eigle
1,000,000
1,590,000
2,000,000
Exchange
Hide & Leather
Revere
200,000
Security.
1,000,000
1,500,000
500,000
500.000
500,000
Union
Webster
Commonwealth
Central
Manufacturers
3,670.500
2.160 300
1.561.100
47 i,000
$116.0 0
188,800
4* 000
111,400
12,700
100
31.600
130.(00
430,3(0
873,000
2,064,100
2.760,500
72,000
57 0.0
13.300
22.000
10 6 X)
702.210
3,297.300
1,534.600
2,343.700
1,519.600
1.811.4(0
1.150.000
53.500
2.976,600
3,721 .OOC
47,700
56,600
93,600
1,900
31.2JG
3,15 (.700
’.436.100
8.295.900
1,792,000
3.756,200
4.758.400
5,300
75,(00
1,805.100
5,228.900
3.107.6 0
1,956,000
1,956.500
4.2(2.000
3,:vl5.i00
19,500
61.3 '0
67.700
827,900
2.517.600
2,567.000
2,5*6 5(0
9O3.5J0
1,981.10(1
<
363,100
1.174.400
605.400
4'3.9l 0
1-9,300
....
17,300
14,500
1’. 9,700
42,100
139,;00
4,655,400
990,OOC
2,091,000
693,500
196,640
200
5.122.900
5O2.30O
*
775.900
41,000
9(7.800
935,'100
32.000
894,200
795.300
413,500
306,800
•
Loans.
Sept 29 .
Oct. 6
<03t 13....
Oct. 2!
Oct 27....
Nov 3....
Nov 10....
Nov. 17...
Nov. 21....
Dec. 1
D,‘C. 8....
Dec. 15....
124,197.900
...
.....
Dec.
Dec.
22
29...
119.788,400
..
120,090,700
120,161,800
120,03.3,3001'.9,483.40U
121,684,600
12;. 512.300
8,182.700
5,308,31)0
1,399 200
1,363,400
1,608,000
1,725,500
1,8 .9,900
1.349.400
2,144,000
9.0; 5,! 00
9,429,200
9,644,800
2.410.200
10,047,600
10,559.300
10,839,7(0
10,-.89,000
10,625,800
10,679,400
2,453,500
2,612,900
2.567.700
2,387,700
2,459,700
2,466,500
Pliiladelplila Banks.—The following
dition of the Philadelphia National Banks
Monday, Dec. 29,
Banks.
x’hlladeiphia
N orth America ....
Farmers and Mech.
Bmk N.
Liberties.
Penn
Western
$1,5OO,(0UC
1,000,000
2,000,000
810,000
800,000
500,000
250,000
250,000
500,000
400,000
Manufacturers'....
Bank of Commerce
Girard
Tradesmen’s
Consolidation
City
Commonwealth....
Corn Exchange....
First....:...,
4.405,000
6.901.500 •827,200
r
2,375,000
1,938,000
2,380,000
1,266.0X10
1.023,262
1,111.370
1.994.204
1,000,000
2,190.000
1,000.000
3,416,000
1,514,000
250,000
200.000
300,000
400,000
800,000
500.000
500,000
1,000,000
300,000
150,000
250,000
25.149.100
2fi.0S9.Q(X)
45.991,200
46,314,300
25,811,400
is the average con¬
for the week ending
798.0 6
1,167,369
1,400,427
64*,165
2,133,000
1,539,000
4,068,000
1,008.823
601,000
518,000
,
6,000
f
8,667
+
‘
62,000
8 200
14,229
7,231
9,000
11,000
i
t
•
2.136
20,016
$1,17(1,000
1,635,000
1,109,800
696,000
S! 2,000
681,000
3(3,000
222,000
270,6S3
469,876
372,000
$4,533,000
3,809.000
6,027,900
1,785.000
1.291,000
2,1(3,000
1,253.01 0
$1,000,000
782.000
1,943.982
214,270
641.436
2,856,000
1.204,000
14.300
11,000
433.(00
378 000
23,(100
1,521,000
256,000
r. 9.000
468,000
443,(XX)
217,000
223 221
2)5.644
467,000
266,505
476.928
84,693
617,000
640 634
792.176
1,12S,000
815.436
933,936
336,9(18
2,184,(00
1,414,000
3.714.000
85
n
171,645
<5s» Science
100
101
107*
nil*
6s,:90C...
pref..
Harrlsh’g, Lancaster & C...
Huntington & Broad Top.
pref.
do
do
Northern Cent., 1st
do
do 2d M.,
135,000
219,350
234,0 0
95
95
95
95
97
97
95
93
F6
*
68.;;.*;;;;
*75
’S'}.*.’;*’
of’as.,.;
—
Nesquehonlng Valley
Norristown...,
Northern Central
North Pennsylvania
OllCrejx & Allegheny
Penns/ivanla
Wllming. & Baltimore.
United N. J. Companies
Westchester
pref
do
42*
40*
CANAL
’<5
15
53*
47*
51*
52
52
65
57*
47*;
57*
53*
53
117
116
50
48
42*
52
122
118
Schuylkill Navigation
pref
do
I575i
160
:i
*
40
35
■
Cin.,
12
Bridge
Ham. & D., 1st M., 7.
do
95
80**
2d M.,7, •as...’
M., 8,77..
do
do
3d
Cin.. Ham.A Ind.7s
Cln. A Indiana, 1st
do 2d
do
guur
M.,7..;;*”
M..7,1*877**
Colnm., A Xenia, 1st Al., 7, '90
Dayton A Mich., 1st M..V 81 *
do
do
2d M.,7, ’84. *
d°_ tJdo
3d M.,7, *88..
do To West., let M.,7,1905.
Dayton A do dep.bds,?,’^-^.1
,,d<L A Laf., l8t M.,fl, 1905.
Ind., Cln. -A0
1st M., 7
,1°, Miami, 1st )M., 6, lfei...
(I“ * C 1st iL 7,1888
Little
do
do
to"
2d M.,’S5
3d M.,’87
A Amboy, 6s, '75
6 s,'83
do
do
6s, '89
do mort. 6s,’89...
consol., 6s,’94...
t
A Dayton stock...
Columbus A Xenia stock
Cin, Ham.
AMlchlgan stock....
.8 p,- c-8t’£ Fuar
..,
t ,Hia
«
Little Miami stock
92*
Valley 7 3-lPs, 1896..
91
85
90
105
10
67
:01
75
95
90
100
S7
04 *
7-sos
Ohio 6 p. c. long bds 85
do
.
40
32
43
re
5° 7 P-c., 17to 5 i.30t
lg bds, A y
do
d°
do
Dayton
6
BATLEOAD BONDS.
Camden
95
t
Lehigh
do
do
do
Ham. Co.,
86
80
CINCINNATI.
47
19*
IS*
47*
’*
;
29V Covington & Cln.
Delaware
pref
93*
93*
95
Cincinnati 5s..
do
6s
86“
47
42
Morris
92* *
92*
Branch.....*;*i
preferred
do
10
14
58
STOCKS.
Division
Navigation
92
90
r,
Chesapeake & Delaware
Alleghany
Parkersburg
Central Ohio
37*
45*
Jersey
S3
M. (gua’rVe 95*
90*
8. f!,6, *85. 84
„
45
Philadelphia & Erie
Philadelphia & Reading
Philadelphia & Trenton
87*
102*
\m.' 101*
»7*
We«^d,lBtM.,endor§e<L,«/90
d°
o^8wM” uPeQd- 6, ^90..
d.° 2d M.,endorsed 6,’90.
Baltimore & Ohio stock..
29*
River.
96
92
Belvidere Delaware,1st m,6,77
255,763
103
do0)dMM,(,y;4,fc)S
dS
10J
4b V
Lehigh Valley
Ltttle Schuylkill
Mlnehlll
171.000
876,4-0
J. A O..
vd°
do
2d M.,7,1899.f
Norfolk Water 8s....
Union pref
463.000
837.000
6 W.(X:0
6s," ’"is!
Central Ohio, 1st M., 6
Marietta* Cln., 1st M.,7,
19
do
pref
Elmira & Williamsport........
Elmira & Williamsport
East Pennsylvania
do
do
do
do
75
do
i89o Part
Baltimore A Ohio 6s of
do
do
6s ot
do
do
6s
STOCKS.
545,803
215,660
580,000
270,000
354,968
211,810
450,000
840,000
798,000
*88...
.
o
Baltimore 6s of’75..
do
1884
Catawissa
do
6s, boat.
BALTIOTOKK.
Atlantic
do
pref...
do
West
70*
85*
6e, imp., ’SI...
Wyoming Valey 1st m.
CITY BONDS.
BATLEOAD
Phila.,
73
State 6s
Camden &
1,000,(XX)
1,244,492
9v*
m.r*82....;
Maryland 6s, Jan., A.,
6s, new
Delaware
Total net
$5.3a5,ooe $310,000
&
90
7s,boat,’89...
6s,’94
do
Coal Co. bonds
Union 1st mort.6s,’83....
51
Alleghany County,5s,coup...
Alleghany City 6b
Pittsburg 5s
6s
do
7s
do
New Jersey State 6s, Exempts
26,0.19,300
25.'. 92,900
25.913,700
25,816.700
1873 :
90
.
,n,nn
Ex-dividend.
do
26,090.100
2G.099.300
26.139,100
26,162.100
43,723.600
44.482,(00
4 4,188,6(10
45,11-3.8(10
85* *
do
Susquehanna
92
111
6s,'67,5-10,1st...
10-15,2d... 109’
do
15-25. 3d... *6
do
Philadelphia 3s, old
101
26.061.500
42,'97.500
4:6,907,'200
44,381,200
tsi"
50* ’
do
do
do
25,9(8.410
41,016.700
40.957,000
41,2511,500
9.003,200
7,350,900
8,528.300
,801 97
90*
2d
6s, ’95
do
do
do
do
107“
128*
Pennsylvania 5s, coup
25.677.7(H)
40,849.-00
90* *
g,’94.
conv.,
do
do
101.500
40,965,600
do
do
Morris, 1st M., 6,1876.
do
2d m., 1876
Portsmouth
A
STATE AND
series of weeks past:Circulation.
Deposits.
LegalTender.
Specie.
80
kfi,’97...;
conv., ’82;
do
PHILADELPHIA,
The deviations from last
Incyase.
Circulation
Spade
Increase.
53.600
Increase.
Legal Tenders
The following are the totals for a
Date.
1902
CANAL BONDS.
Vermont & Canada
Vermont * Massachusetts
perstatement of Dec. 23, Is $20,697,600.
week’s returns are as follows :
$300,700 Deposits
Increase. $3S3,100
6.H0U
.Decrease.
5.300
Loans
’Qf
Chesapeake A Dela. 6s, '82....
Delaware Division 6s, *78
Lehigh Navigation 6s. ’84....
1C*
•iio
preferred
do
$46,314,300
[22.843,000 $2 ,466,500 110.679,100
*49.350.00
The total amount “due to other Banks.” as
Total
85
78
97
Rutland common
487.800
800.000
150,0(0
1.707.:3(W
340,000
60.100
800
7t 8,900
M.*,7,1900
do
do
6s n h
Wllming. A Read.,lst
do 2d Mort,
do
146“ 147“
L. Champlain
do
pref...
do
7-)0,OoO
740.030
180.000
589.990
2,1(6,900
90
x94
101
do
boat, ’85
Passumpslc, pf. 50* * 35“
(Mass.)
Pennsylvania 6s, 1910...;;.*;;**'
(New Hampshire).
125'' Schuylkill Nay. 1st m. 6s, *72.”
Old Colony
Port., Saco
843.3 X)
791.200
557 300
178,600
515,900
106 700
203.300
139.700
101
..
’96.“;;;;
W estern Penn. 6s, ’93^! .??.*;;;; ’
72
65
60
Lowell stock
Maine
Providence
Ogdens. *
45 .’.7 )0
1.764.000
493 800
'77.
Fitchburg
Manchester A Lawrence
Northern otNew Hampshire. ^ 127
Norwich* Worcester
58
794.OX)
503,0)0
6)2,000
241.500
Eastern
Eastern
550.100
592.800
504.500
990.000
751.700
175.900
704.800
587.300
630.000
755,10J
172.800
767.300
58 ;.7oo
715.000
799,900
227.400
135.500
877.0J0
597.000
79.500
23.S00
730.100
782,000
1.420.900
1,120,100
733,500
721,000
so*
Connecticut &
1*5 eon
1,643,(00
1,057,200
8 S.OJO
95,900
2. 0 000
l.f‘24,11'0
1,562,000
865 100
....
Cheshire preferred
Chic., Bur. A Quincy
10*
Cin., Sandusky X Clev.stock.
Concord
*132
Connecticut River
352.400
4(4 900
240.’.00
364,290
256,100
132,000
803,600
177.200
40,1.700
61.4: 0
245,009
444,000
3,490,000
173,600
235,100
Boston A
Boston A
Boston A
352.000
5.) 1,200
769,400
469,100
13(l.;l00
274.200
51,900
700,000
56.700
81.300
64.0' 0
185,’.00
25,100
2,546,400
S.201.000
l,S97.4l)0
2,711.900
55U.300
852,000
75
69
’96...;. *
W arren A F. 1st m. <s,
West Chestercons. 7s,’91.
West Jersey 6s,’83.. ....
do
ist m. 6s,
Stansted & Chambly 7s
23*. 25
Verrn’t Cen., 1st M., cons. ,7, '86
10
do
2d Molt., 7,1891
A Can., new, 8
Vermont
Vermont A Mass., 1st M. 6,*88; 1392; 140
Boston * Albauy stock
,06* 106V
781.700
117.100
854.200
52,600
30 (00
627.200
828,700
634,900
901.700
411,6 0
23.M00
72 300
4,(X)0
1,1 00
121.900
40,000
79,809
6,IU0
408,000
2,104.5(0
1.519 0J0
221,500
271,810
1S7.1U0
17 0.700
4'J,4i 0
Ogdensburg A Lake Cta. 8s
Old Col. & Newport Bds, 7,
Rutland, new, 7
5s? 8 H)
449.3 4)
174 700
793.5:0
563 2 0
Bai'fef&l!:?::
94*
Burlington A Mo. L. G„ 7
Cheshire, 6..
Eastern Mass., conv., 6, 1874...
■so*
Hartford & Erie, 1st M (new)7.
100
l(Xi'
reg... 100*
do
pijii.. wiim.A&St. Louis 7s
PitiB., Cln.
SnnKi^^ & Lewiston
Sunbury £ ^r,e l8t m*7s ’77. .
95
90
99
m.7s, c. 1911
d°
Municipal 7s
do
g.
do
98
Portland 6s, building loan....
780.200
793.200
733,2- 0
67U0U
98
96
7s
Chicago Sewerage
$444,4(0
1,130.0(0
90,700
2,530.6(O
7.‘
$,74,400
980,900
1,78:.800
$23,000
21,900
16,600
1J.I00
30,300
1876
Boston 6s, Currency
do
5s,gold
Banks.—Below we give a statement of the Boston
National Banks, as returned to the Clearing House on Monday,
Ddc. 29, 1873:
8 necie. L.T. Notes. DeDOslts.Cirr.nl.
Banks.
93*
Massachusetts 6s Gold,
do
5s, Gold
91>i
91
*“ 77
’81...*“ 89
96*
Philadelphia AKeading^a* '§6 101
2°
°bonds, ’98 80
7g, ’93
do
deb.
Perklcjmen 1st m.6s,’97...
* Erie l8tm.6s,
99
Maine 6s
New Hampshire,6s
518.295,978
654,392,916
419.72!, 752
428.484.808
497.8)2,873
Boston
Loans
Pennsylva.jgen. m. conv, 1910
uo
do
tgb?
BOSTON.
447,799,948
553,727,902
27.156.100
193,040.100
SECT BITIE 8.
Bid. Ask
420,983,756
431,024,238
27.125.400
207.317,500
Bid. Ask
465,712,373
27,222,700
2 (,214,400
27,281,900
27.355.500
27.883.400
27.414.200
27.186.100
27.167.200
212,772,700
31.307.900
88.214.000
Clearings.
27.223.500
227.691.300
220.390.300
45.5S2.400
25.144, .’00
2 M'95,200
234.536.200
278,421,700
Sept. 13...
Sept. 20...
Dec. 6....
50,038,500
49,002,300
47,510,100
80.272,200
29,820,000
27,644,100
Aug 2.... 289.936.200
Ang. 9... 290, <53,: 00
Aug. 16... 292,614,000
Aug. 23... SS'-t. 931,300
Aug. 30... 288,383.(00
Sept. 6... 288.371,209
Deposits.
238,840,900
237,(23,100
234.857.300
Tenders.
Specie.
Loans.
Circu¬
lation.
PHILADELPHIA, BALTIOOKE, &f.
QUOTATIONS IN BOSTON.
the totalsLegal a series of weeks past:Aggregate
for
QjThe following are
11
THE CHEOMCLE.
8, 1874.]
ry
,00
65
92
85
95
82
90
75
95
£0
75
65
90
f-5
80
75
85
80
85
85
80
75
85
30
80
75
73
80
85
?G
60
75
£5
35
1(0
95
100
42
1(5
100
LOUISVILLE.
82
Louisville 6s, ’82 to ’87
do
6s, ’97 to ’98
do
Water 6s, ’87 to ’89..
do
Water Stock 6s, ’97.
73
81
73
79
’,9
Wharf 6s
special tax 6s of ’89.
Jeff., Mad. A I,lstM.(IAM)7, ’81
do
do
93
l66*
do
do
£0
76
65
86
83
do 2d M.,7,.
do 1st M.,7,1906....
A Atlan. 1st m, 7s, *73. 90
iLo'ilsv.C. A Lex., 1st M.,7, ’97..
do
2dm, 7s.’80..
142,000
3,000
Lotii*. A Fr’k., 1st M., 6,
67
Seventn
230.000
Catawissa, 1st M. conv., ’82....
do
Loulsv.Loan.6.’81.
901,000
99
593.000
275,000
Eighth
3,215,000
do
914.000
chat. m. do ’88....
86,000
8.580.000
97* 99* L. A Nash. 1st M. (m.s.) i.m..
60
750,000
800,000
656.000
•Central....,
do
new 7s, 1900
457,000
760
do Lou. Loan (m.».)6/86-’87
1.946,000
36
79
180,000 Connecting 6s 1900-1904
B ink of Republic.. 1.000,000
357,000
121,000
do
(Leb.Br.)6,’86
do
626,000
96
25C;000
East Penn. 1st mort. 7s,’88
do lstM. (Mem. Br)7, ^O-^.
94
$14,919,131 $46,403,28U $11,490,538 El. & W’msport, 1st m, 7s. ’80.
60 "
do l8tM.(Leb.br.ex)7. ’80-’K5
$16,435,000 $57,411,126 $234,689
81*
Total
do
do X
5s....
do Lou.L’n(Leb.br.ex)6,’98 90
j 91
do Consol. 1st M.,7,189^....
V latlUUO XX ULU ULLU IVvUUlXiO Vi
IOO”
pi V T IV UU
VUU tii V UD 1V1IVWO • Harrisburg 1st mort. 6s, ’83....
H. & B. T. 1st mort. 7s, ’90
Jefferson., Mad. A Ind..r^..... 40
no
Inc.. $415,^08 J Deposits
Loans
do
2d mort. 7s, ’75..,.
31
58* Loulsv., Cln. A Lex.,pref
32
Specie
Dec. 6.\40i {Circulation
do
3d m. cons. 7s,'95.
do
do
common. 49
50
Legal Tender Notes
Dec. 315,476 I
Junction 1st mort. 6b, ’85
Louisville A Nashville
84
2d
1900
do
do
93
Circulatlo
Deposits
Lehigh Valley, 6s, 1898..
Specie. LegalTender.
ST. LOUIS.
Loans.
95
Date.
11,4!6.:82
*85
S7*«
43,443,147
do reg..—
do
do
3u, ,0 i£
14,389,193
ioi*' St Louis 6s, Long Bonds
60,53*,('9b
11,453.345
July 14
43.449,572
"86
14,819,232
do
do new 7s, reg., 1910 l‘S*
320.805
60.332,,J03
do
99
6s, Short do
92
Julv 21
11,441,980
4’, ,911,798
£0
15,051.022
Little Schuylkill.lBtM.,7,1877.
321,605
59 996,743
Water6sfpld
io
11.4 44.760
95*
July 28
48.255.137
15,227,709
Northern Central 2d m, 6s, ’85. 84’
856,531
dJ (new)
59.923,1 S3
do
do
ll.416.48l
Aug. 4
46,993,521
14,576,957
do
do 2d m, g, 6s, 1900
306.251
Park 6s gold
11 436,478
do
Aug. 11....
- 38.787.511
46,785,217
14.084.671
- do 2d m. 6s. 1900...
do
236,302
59,535.280
do
Sewer SpeclalTax«p 79*' 8i“
100
11,450,874 North Penn. 1st m, 6s, ’85
Aug. IS
45.395,053
13,391,000
210,215
59,714.370
94* 100* North Missouri. 1st M. 7s
Aug. 23
ll.454.6so
4:5,089 892
50
13.. 48 119
do
2dm. 7s. '96
“208,58 t
59.317,093
do
2d M.7u... .
Sept. 1
11,440,920
44,697,137
9*
10s, chat, m.,*77 . 105
do
13.60*8,968
205,780
53.254,221
«lO
Bd M.7S....
60
11,176,794
Sent. 3
78
44,368.277
75
13.179.110
2(1,973
Oil Creek A Al. K., con. 7s, ’88.
59.007,671
Pacific (ol Mo) 1st M. gld....
78
11.473^13 Oil Creek iBt m. 7s, ’82
Sept. 15
43,018,525
4*
3*
12,432,254
258,965
58.1(9.410
Kansas Pacific stock
.
4 5,773,’.55
11,500,129
Sept. 22
31
29
15.247.520
903,371
Penn A N. Y. Canal 7s, ’96-1906 99* ICO*
57.735.90?
Pacific RR of Mo. stock ....
99
J’ec. 8
;,
11,497,82
45,505,506
15,173.449
97C 401
57.262 364
Pennsylvania, 1st M.,6,1880...
And Vnterest
93
1 l,438,3i7
D c 15
45,418.606
no
15,244.607
2d M.. 6. 1875.997,073
56.995,318
Dec, 22
11.490,5 o
46,403.280
14,919,131
934,6u9
57,411,125
Dec. 23
S8
...
Tiird.......
Camden
^O-NS..
....
X
LA
UVJ
Inc. $934,474
Inc.
...
•
•
-
•
2,198
....
....
.
*
V
#
THE CHRONICLE,
12
[January 3, 1874.
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Stocks are quoted on a previous page ana dot repeated here. Prices represent the
value, whatever the par may he. “ N. T. Local Securities ” are quoted in a separate list.
Government Bonds ana active Railroad
cent
Bid.,Ask.
8XOUBITIXS.
Bid.[Ask.
BXOUBITIBS.
Bid. Asl
SXOUBITIXB.
pel
Bid. Ask
SXOUBITIXB,
—
Erie 7s, 4th mortgag 1880
do 7s 5th do
18S8
do 7s, cons. mort. gold
U. S. Bonds.
(Others
bds..
Long Dock Bonds
quoted previously.)
Bur. A Mo. River 4th S.,do 8s.
do
do
5th S., do 8s..
do
do
6th S.,do8s..
do
do Crestou Branch
92k
Buff N. Y. & K. 1st M., 1877....
Hud. B. 7s, 2d M. 8. F. 1885
do
7s, 8d Mort.. 1875
113
5-2'.'s, registered, 1862
Called Bonds, 1662
lioy
114
5-2(>s# real-aered, 1864
5-23s, registered, 1865
114X
5-2Us. registeied, new Issue, ’65 1!4*
5-20s, registered, 1667
U5>4
5-208, registered, 1863
Oregon War Loan, 1831.. . ...
do
do Chariton Branch
Bur., C. It. * Minn. 7s, gold...
do
do
(M.oiv.)g.7s
.
X101
95k
do
do
do
2d
3d
do
do
d' ..
92
Mich. Cent., Consol. 7s, 1902... 90
Ui8'
do
1st M. 88, 1882
Chic., Bur. & Q. 8 p. C. 1st M..
Mich. So. 7 per ct. 2d Mort
.94k 95
102k
Mich. S. & N l.S. F.7P.C.... 101
Cleve. & Tol. Sinking Fund .. X97k
92
Cleve. & Tol., new bonds
•
State Bonds.
Tennessee 6s, old
do
do
79*
new
•
Virginia 6s, old
36
40
bonds
do
do
new
do
do
do
do
consol, bonds
Georgia 6s
do
7s,
81k
49k
10k
deferred do
•
»
» e -
T
r
•
■
.
50k
12
bonds
7s, endorsed
7s, Gold
North Carolina 6s, old
new
do to N.fc. Recoup
do
do ex coup...
do Funding Act, 1866.
do
do
1868.
qo
do new bonds
do
do Special Tax
South Carolina 6s
do
do
Jan. & July...
do
do
April* Oct...
U.U
L ailUillfS
do
do Funding Act, 1366
XVVyU, AUVv/
do
do Land C, 1889, J & J
do Land C, 1889, A* O
do
do
Jo 7s
of 1838.
Missouri 6s
d
Han. & St. Joseph.
to
*
Asylum bonds
Louisiana 6s
do new nonds
do
do
do new floating debt.
do
7s, Penitentiary
do
6s, levee bonds
do
do
8s
do
8s
do
1875..
do
..of .1910.
8s
California 7s
do
7s, large bonds
Connecticut 6s
Rhode Island 6s
33
25
IS
17k
14
-
3
.
t
22
....
IS
12
23
6k
7k
u~
*90*
xSs*
X37
new
bde.
91k
si*
48
45
15
90
do
do
do
do
2d M.. look
100
7s, conv. 97
Tol.* Wab’h, 1st Mort. ext’d.
do
1st M. St L div.
do
2d Mort
X97
x97
Equip. IldB
do
do
—
Cons. Convert.
Hannibal & Naples 1st M.. ...
Great Western, 1st M., 1888....
do
2d M. 1893....
Quincy & Tol., 1st M., 1890....
111. & So. Iowa. 1st Mort
Galena & Chicago Extended
Chic. R. Island & Pacific
Morris & Essex, 1st Mort
do
do
2d Mort
Illinois 6s coupon,’77
do
do
1879
do
War Loan
Indiana 5s
do
ao
X94
do
do
do
do
do
do
58,
5s.
6s.
do
75k
65*
81k
70k
76k
91
73
79
85k
90 k
XlcJO
L03
103k
02
..
1874.
1876.
Dixon, Peoria* Hnn., 8s.
O.O. & Fox R. Valley 8s.
Quincy & Warsaw, 8s
.
PeninBulalst Mort., conv.
do
95
St. L. & Iron Mountain, 1st M.
no
dogld!8S7.
do
do
2d M. 76*
tlallroad Stocks.
Mil. & St. Paui 1st M. 8s P.D. 10'
(Not previously quoted.)
do
do
do 7 3-10 do 93* 95k
xb2
Albany & Susquehanna
do
do
7s gold R. D.
101
Chicago * Alton
do
do 1st Mort. LaC.D
l! 5
do
do
pref
do
do 1st M. I.& M.I).
95
Chic. Bur * Quincy
do
1st M. 1. & 1)..
do
76
Clev., Col., Cin. & Indianap ..
do
do
1st M. I.& I_.
t6
Cleve. * Pittsburg, guar—
do
do
1st M. H. &
51
56
Dubuque * Sioux Citv
do
do
1st M. C. & M.
117
120
Harlem pret
76
do
do
2d M
do
iUO
Illinois Central..
Marietta & Cin., 1st Mort
.Toilet & Chicago
Chic. & Milwaukee 1st Mort...
75
Long Island
Joliet & Chicago, 1st Mort—
Marietta & Cin., 1st preferred
Chic. & Gt. Eastern, 1st Mort..
do
do
2d pref
Col., Chic. & Ind. C., 1st Mort.
77
78k
Mlchigau Central.. .
do
do
2d Mort
Morris * Essex
m 90
Tol., Peoria & Warsaw, E, D..
Mo., Kansas & T
do
do
W. D..
6
10
70
New Jersey Southern
do
do
Burl’n Div.
122
60
N. Y., New Haven * Hartford 122
do
2d M..
uo
60
K.Y., Prov. & Host (Stoningt.)
do
Consol. 78
58' 59K New York & N. Haven 6s
Ohio* Mississippi, preierred.
100
90
91
Pitts., Ft W. & Chic.,guar...
30*
Boston, H. & Krie.lst mort. ..
do
do
5u
special..
do
do
guaranteed
Rensselaer & Saratoga
Cedar Falls * Minn. 1st M
Rome, Watertown & Ogdens..
Bur., C. liapids* Minn.7s, gld
90x
St. Louis, Alton * T. Haute...
Am Dock * Im. Co. 7.’86
35
do
do
pref.
West. Union Tel., 1st mort. 7e.
St. Louis * Iron Mountain
Lone Island RR 1st M. 7s....
St. L., Kan. C.& Northern prof
Smithtown & Pt. Jeff. 1st M.
1
Toledo, Peoria* Warsaw
St. Louis, Jack. & Chic. 1st M.
Toledo. Wab & Western, pret. 69
South Side, L.I. 1st Mort. bds
iTIiftcellaneouft Stocks
do
Sinking Fund..
American Coal
57k
Morris* Essex, convertible...
Boston Water Power
do
construction.
do
Cumberland Coal and Iron
Winona & St. Peters 1st m—
60
Cent. N. J. Laud Improv. Co.
C. C. C. & Ind’s 1st M, 7s, S. F
LaCrosse* Mil. Ss, 1st M
.Pennsylvania Coal
35
Boring Mountain Coal
Lafayette, Bl’u & Miss. 1st M.
Wilkesbarre Coal & Iron
Pekin,Lincoln & Decatur IstM
Canton Co
72k 74
Han. A-Cent. Missouri IstM..
115
Delaware * Hudson Canal
115k Cin., Lafayette & Chic. 1st M.
Atlantic Mall Steamship
Del. & Hudson Canal 1st M.*91 x'.Ol
29
S0k
Mariposa Mining Co
Pac ific RR. of Mo., stock
do
Land & Mining Co.
PaciflcR.of Mo. 1st 6s. gold ’86
do
do
do
do 2d 78, cur’y, ’91
pref.
...
ioifc
.
.
60
90
•
.
90
93
93
93
95
50
68
68
88
90
P o
ill. Grand Trunk
Chic., Dub. & Minn., 8s..
t’eoria * Hannibal R. 8’s.
•
•
Id
I
I££
...
Chicago & Iowa R. 8’s.... |
90* *
American Central 8s
J
Chi. & Southwestern Rli. 7’s..
Chesapeake & O. debenture 7s
Chesapeake & 0.1st in. gld 6p
do
do 2d mort gold 7s
Col. & Hock. V. 1st 7s, 30 yr8 .
do
do
l8t7s. 10 yrs..
do
do
2d 7s, 20 yrs...
Chicago, C. & Dub. 8<
:.
Chicago, Bur. & Quincy 7s
Chic., Danv. & Viucen s 7s, gld
Chic. & Can. South. 1st m gl 7s
Ch., D. & V., I. div., 1 m gU 7s
Cleve., Mt.V. & Del. 7s, gold.
.
.
.
.
45
....
*
*
*
*
....
do
Stock
Leav., Atch. & N. W. 7s, guar,
Leav Law. & Gal., stock
do
do
IstM., 10s..
Logans., Craw. & S. W. bgld.
Michigan Air Line, 8s..
Montclair 1st 7s, gold, guar....
do
7s, income
Mo., Kan. & Texas 7s.gold
Mo. R., Ft., S. & Gulf, stocl
do
do
do
do
1st.
M,
2d M..
2d 7s guar
do
do
2d 7s, conv
New York A Boston 7s. gold.
N. Haven, Middiet. & W. 7s...
Newburg br’ch 7s, guar. Erie.
North. Pac. 1st m. gold 7 8-10s
T
...
Railroad Bonds.
N. r. Central 6s, 1888
90
83
do
6s, real estate... 95
do
6s, subscription. 85
do
1U2
7s. 1876
102
do
7s, conv. 1876
101
Erie i*: Mortgige Extended.
do
do
Endorsed..
do
1879
do 7s, 2d
do <s, 3d do
1883
do
80
77
75
....
T
"
c
9S
Atlantic & Pacific L G. 6s gld
Atchison, Top. & S. Fe 7s gld.
Atchison A Nebraska 8 p. c....
Bur. * Mo. River, stock
do
do
Land M. 7s..
do
do
2dS.,do76..
dp
do
3d SM do Ss.,
,
_
_
£5
....
85* *
...
67 k
....
~
to
to
84
88
-
c
....
80
75
Georgia R. K., 7s.
....
Greenville & Col. 7s, guar
do
do
7s, certii..
Macon & Brunswick end. 7s...
Macon & Western stock
Macon
99“ 1‘* 2
m
do
»U
#
do
75
55
61
•
•
•
-
l'
(
.
.
.
33
20
|
SO
to
95
85
*
....
85
60
....
75
60
....
60
..
65* *
.
40
48
52 k
35
40** 50"
31
34
9i" 94"
.
....
65“
75
....
:
:
...
...
!.*!! 30“
97k
10
Spring. * Ill. S.E. RR. Imgl7s
94*
95
•
•
•
'
Orange
72*
75
60
70
80
£0
76
73
70
X*8*8*
60
67
do
3ds, 8s
4tbs,8s
do
Richm’d & Peterb’g l6t m., 7s.
do
do
2d m., 6s.
do
do
8d m., 8s.
80
Rlch.,Fre’k6b’g& Poto.6s—
do
do
do conv. 7s.
Rich, and Danv. 1st cons’d 6s..
do
dn
8
8(
9i
Piedmont 8s...
lsts, 8b
Selma, Rome & D.,lst M.,7s..
South A North Ala, 1st M., 8s.
Southside, Va., 1st mtg. 8s....
do
2d m., guart’d 6s..
*3dm.,6s
4th m., 8s
Southwest. RR., Ga., 1st mtg...
do
stock
S. Carolina RR. 1st M,7s (new)
do
do
6s
do
do 7s
do
do stock
Va. & Tenn. lsts, 6s
84
78
78
75
36
9!
82
85
75
93
88
82
90
85
90
85
91
8
90
and Alex., lsts, 6s
do
2ds, 6s
70
100
95
81
6‘.
8:
97
9?
c(‘
ef
e
16
92
85
2d8,6s
3ds 8s
90
60
West Ala., 8s guar
65*
Wilmington and Weldon7s....
do
Ch* Ruth. 1st in. end
do
Ist M., 88...
do
“
2a 7s
Southern Minn, construe. Ss.
do
do 7s
St.Jo.&C.Bl. stM.,10s
;
do
8 p. c..
do
80
80
Income
Nashville & Chattanooga, 6s...
Norfolk* Petersburg 1st m.,8s
do
do
7s
do 2d mo., 8s
do
Northeastern, S.C., 1st M.8s. ...
2d M., 8s........
do
do
do
45
80
65
'
Steubenville* Indiana6s
“
do
do
do
50
9G
15
85
IS
n
6s
Mobile & Ohio sterling
do
do
do
ex ctfs.
do
do
8s, interest....
do
do
2 mtg, 8s
do
do
stock...
N. Orleans & Jacks. 2dM.8s.
do
do
cert’s, 8s.
N. Orleans & Opelons, 1st M.8s
....
Rome, W. & OgdensburgTs..
Rondout & Oswego 7s,gold...
Sioux Citv & Pacific 6s
Southern Pacific 6’s,gold
South Side (L. I.) 7s
65
do
do
60*’
*
.
.
Montgom.* Eufaula 1st 8s,gld
end.by State of Alabama...
Mobile & Mont.. 8s gold, end..
....
80
52
2d 7s..
stock.
do
do
do
102
....
90
62
70
90
72
72
93
60
95
85
55
50
60
bl
8S
Memphis & Ohio, 10s,
7kl
«...
35
Memphis & Little R. 1st M....
Mississippi Central, 1st m.,7s.
do
2dm., 8s...
Mississippi * Tenn., lstm.,7s .
do
do conaoid.,3
Montgomery & West P.. 1st 8s..
do
do 1st end.
75**1
m
and Augusta bonds...
do
endorsed
do
stock
do
do
....
•
52
52
42
64
72
15
30
94
f5
72
76
Memphis* Charleston, 1st7s..
58**
95
12k
70
76
80
79
65
30
stock
do
£5
88
Rome * Watertown 7s
miscellaneous List.
Arkansas Levee bonds 7s
Atchison & P. P*,6s gold
6s 1887
K.Tenn., Va &_Ga., 1st M.,7s..
stock
do
du
70
t8
-
....
Quincy RR. Bridge Co. stock
Rockrd.R I.& St. L.l8t7s,gl<
68
batlkoads.
103
-
...
Pitts Cin. & St. L. 1st 7s
Port Huron & L M.Ts, gld, end
do
do
7s, gold...
Peoria & Rock I. 7’s. gold ...
Pullman Palace Car Co. stocl
do bonds, 6s, 1st seriei
do. bonds, 8s, 2d seriei
do bonds. 88. 3d serie
65
7s, new
...
Oswego & Rome 7s, guar.
108
to railroads, 6#
Ala.* Chatt., 1st.M,8s,e^d,...
Ala. & Tenn. R, 1st M.,7s..-..
do
2d M.,7s
Atlantic & Gnli consol
do
do
end. Savan7i
do
do
stock
do
do gnaran.
do
Central Georgia, 1st M.. 7s.. ...
do
do
consol. M. <s
do
do
stock
Charlotte Col. & A.,1st m.,7s.
do
stock
do
Charlestofi A Savannah 6s,end.
Savannah anu Char., 1st m., 7s.
Cheraw and Darlington 7s....
East Tenn. & Georgia 6s
East Tenn.* Va. 6b. end. Tenn
57k
do
bonds, 7s
105
-
4
98
Kal. & White Pigeon 7s
Kansas City & Cameron 10s..
Kan. C., St. Jo. & C. B. stock,
do
do
do 8s of 1885
do
do 1
do 8s of 1891
Ont. Shore RR. 1st m. gld 7i
Lake Sup. & Miss. 1st 7’s,gld
do
do
do
do
80
....
con
No 16..
*
consol.6s
do
do
do
...
Evansville, Hen. & Nasnv. 7s..
68, gld, Jun&Dec
68, do Feb & Aug
7s, 1876, Land Gr.
7s, Leaven. Brch.
Incomes, No. 11..
65
80
70
50
70
60
85
Gs.new
ao
....
55
do
1st m. Ss
do
do
2d m. 8s
Dutchess & Columbia 7s
Denver Pacific 7s, gold
Denver & Rio Grande 7s, gold
Evansville & Crawfordsv. 7s..
Erie & Pittsburgh 1st 7s
do
2d 78
do
7s. equip—
do
do
do
do
do
do
do
8b
Wilmington, N.C.,5sgold.....
do
do
8s gold....
do
Jackson,Lansin?& Sag.8s...
50
65
40
50
end.,M.& C.R.R....
ao
96
SO
60
60
c 5
90
.
.
Dan., Urb., Bl. & P. 1st m 7 gld
Detroit, Hillsdale & In. RR.8’e
Detroit & Bay City Ps
Det., Eel River & 111. 8s
Det., Lansing * LakeM. stock
72
bonds,6s
new
do
45
to
65
.
•
•
do
do
Mobile
72
80
85
£0
62
75
72
75
60
Lynchburg 6s....
Macon 7s, bonds.
ao
.
•
47
....
....
Chic. & Mich. L. Shore
Des Moines Valley 1st 8s
do
do Land Grant 8s
Flint & Pere M. 7s, Land Gr..
Fort W.. Jackson & Sag. 8s...
Grand R. & Ind. 7s, gold,guar.
do
do 7s, plain
Grand III ver Valley 8s
Hous. & Tex. C. 1st g old 7s...
Indianap., Bl. & W. 1st 7s, gld.
do
do
2d 8s
Indianap.* Vlncen. 1st 7s,guar
Iowa Falls & Sioux C. 1st ,8...
Indiantmolis & St. Louis 7s....
Ind. & ill. C 1st m gold 78...
Augusta, Ga.,7s,bonds
Charleston, S. C., 7s, F.L. bds...
90
8»
35
•
Securities.
Charleston stock6s
57 k
40
80
76
75
fO*
SO
80
90
8s
do
40**
•
85*
40
CITIKB.
95
52k*
S3
70
50
85
Atlanta, Ga., 7s
....
Connecticut Valley 7s, gold...
Connecticut Western 1st 7s....
Jack., N.W.& S.E. 1st m gl s7
Kansas Pac. Vs, Extension, gld
do
7s, Land Gr., gld.
do
7s,
do new, gld
....
105
105
....
Evansville, T II & Chic 7s, gld
European & North Am.6s,gld
104
Southern
70
6s, 2d M., gld
Elizabethtown & Padu. 8s
Chic. & Alton Sinking Fund.,
xlOO
do
do
1st Mortgage...
92 k
do
do
Income
xs6
Ohio * Miss., consol, sink. f,
X86k
Consolidated....
do
X73
2d
do
do
Dub & Sioux 0.,1st M
do
do
2d div
:u3>
105
105
.
4th Mort
do
do
94
6s, Canal, ,1874..
1875.
6s, do
1877,
6s, do
1878.
6s, do
cou
86
86*
look
New Jersey Central, 1st M., n. 106* lU6k
do
do
2d Mort.
38*'
New Jersey Southern 1st m 7s
Pitts., Ft. W. & Chic., 1st M....
do
do
2d Mort.
94
do
3d Mort.
do
(*)8 p. c. eq’t bds 101
do
92
Cleve. & Pitts., Consol, ». F’d
97 - 1L0
do
do
3d Mort
Texas, ICb, of 1876
Ohio 6s, 1875
do 6s, 1881
do 6s, 1886
Kentucky 6s
do
.
2drMoit...
do
68“ 93**
91
Canada Southern 1st 7s, gold..
Central Pac. 7s, gold, conv
Central of Iowa. 1st M, 7’s gld.
do
2d M, 7’s, gld
Keokuk & St. Paul, 8s.... ‘
Carthage & Bur. 8s.
...
i&k
-
••••••
95
97k 102
Del., Lack. & Western, 1st M.
8s. 1686..
do
8s Mont <* Euf’la R,
do
8s \lab. * Chat. R
of 1S93
do
£s
Arkansas 6s, funded
do
& Ft. S. lss.
7s, L. It.
do
7s, Memphis & L. R..
do
7s, L.K..P.B.&N.O.
do
7s, Miss. O. & R. Rlv.
do
is Ark. Cent R
Michigan 6b, 1878...
Jo
68,1883....
do
78,1 878....
New York Bounty, reg...
96k
92
95"
Lake Shore Div. bonds
Lake Shore con. coup bonds.
do
Con. reg. bonds...
Pacific R. 7s, guart’d by Mo... 95k
Central Pacific gold Bonds.... x.i3
do
State. Aid bds.
X84
Western Pacific bonds
Onion Pacific 1st M’geBonds. xBk
lb
78
Land Grant, 7s..
do
74 k
74k
Income 10s
do
102
Illinois Central 7 p. ct., 1875...
Bellev’le * S.llls. R. IstM. 8’s. 67
96
100
Alton * T. H., 1st M
do
do
2d M. pref
2d M.income.. 74" 75*
do
do
81
North Missouri 1st mort
Chic. * N. Western S. Fund...
96’
do
do
Int. Bonds 92
do
do
Consol, bds 88
do
do
Extn. Bds
do
do
1st Mort.. 98"
do
do coun gld bds bo
do
do regM
do
Iowa Midland, 1st mort., 8s... 33"
90
dan. * St. Jo. Land Grants...
78
82
do convertible
do
do, 1886.,
do
do
do
do
Detroit, Monroe & Tol bonds
Buffalo A Erie, new bonds ..
do
do
do
do
do
do
Cleve., P’ville & Ash., oldbdB. x95k
93
do
„
r
do
do
2d
St.L. & So’eastern 1st 7s,gold
St. L.. & St. Joseph,1st,6s, gld
Southern Central of N. Y. 7s..
Tebo & Neosho7s,gold
Union* Logansport7s
11 tab Central 6s, gold
Union Pac.. so. branch,6s, gld
Walkill Valley 1st 7s, gold ....
West Wisconsin 7s, gold
Wisconsin Valley 8s
....
Burl. & M. (in Neb.) 1st conv..
Cairo & Fulton 1st7b, gold...
California & Oregon 6s, gold.
California Pac. RR. 7’s, gld....
20
Sandusky, Mans. & Newark 7s 80*
St.Louis, Vandalia & T.H. 1st 83
93
93
55
45
93
SO
75
£8
42k 50
„
Harlem, Con.M. * B’kg F’d 6f
Albany * Susqh'a, 1st bonds .
St. Jo. & Den. C.8s,goid,W D.
do
do
6s, gold, E. D
90
90
to
S9
89
48
60*
PAST DUB COVPONS.
Tennessee State Coupons
61
34
72
Virginia Coupons
ao
Consol, (.onp
Memphis City Coupons....
Nashville City Coupons
.
..
63
40
76
T)
13
THE CHRONICLE
January 3, 1874.]
LOCAL SECURITIES.
NEW YORK
Insurance Stock List.
Bank Stock List.
Marked thus (*)
not National.
are Par Amount.
100
100
Exchange.
100
25
25
25
100
Bowery
Broadway
Bull’s Head*
Butchers & Drovers
Central
Chatham
ann nnn
250,000
1,000,000
200.000
800,000
4(K),000
25
100 1,000,000
100 10,000.000
750,000
100
100 2,000.000
100 1,000 000
loo.ooo
100
1,000 000
Citizens’
City
Commerce
Commonwealth
Continental
Corn Exchange*
Currencv
..
VI
100
100
100
30
100
100
25
40
100
100
1U0
Filth
First
Fourth
Fulton
American*..
Germania*
German
Greenwich*
Grocers.
Hanover.
Harlem*
Importers’ & Traders’.
Irving
Leather Manufactrs...
Manuictrers’& Build.*
Manhattan*
Manut. & Merchants*.
Marine
Market
Mechanics
Mech. Bkg Asso’tion.
Mechanics & Traders..
Mercantile
Merchants
Merchants’ Ex
Metropolis*
Metropolitan
Murray Hill*..........
Nassau*
National Gallatin
New York
New York County
N Y. Nat. Exchange..
N Y. Gold Exchange*
Nintli
Ninth Warn*
Nort i America*
North River*
Oriental*
Pacific*
Park
....
Peoples*
5H
100
100
50
100
10)
100
25
50
25
100
50
50
Republic.
Security *
St. Nicholas
Seventii Ward
Second...
Shoe and Leather
Sixth
State of New York....
Tenth
Tiiird
Tradesmen’s. /.
Union
West Side*
Gas
o
’200,000
1
1
200,000
300,000
000.000
500,000
50 Of)
500.000
600.000
100,000
2,050,UK)
500,000
400,000
1,000,OOC
2,000,000
500,000
600,000
1,000,000
3,0 0.0C0
1,235,UK)
?()!), 000
4,000 000
100
23,000
100
50
1,000,000
UX)
100
100
100
100
100
inp
100
.‘0
25
50
100
25
100
100
UK)
100
8
7
10
20
S
10
4
7
20
10
8
1,500,000
3,000, 00
200,000
500,000
500,000
1,500,000
200,000
J. & J.
M.&N.
F.& A.
M.&N.
M.&N.
J. & J.
J. & J.
F.&A.
J. & J.
J. & J.
J. & J.
J. & J.
F.& A.
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
J.&
J. &
J. &
J. &
12
10
8
12
10
10
9
10
10
8
8
-*•-*,
8
8
J.
5
J.
J.
J. & J.
J. & J.
J. & J.
F.&A.
J. * J.
F.&A.
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J.
412,500
1,800.000
2,000.000
500 000
1. UK), 000
500,000
300,000
1,000,000
200.000
100
2,000,000
1f)ft
1 UK) 000
i.eooiooo
100
40
1,000,000
50
UK)
1,500,000
200,000
and City R.R.
•
12
16
12
10
7
8
10
7
8
25
20
8
Jersey City & Hoboken....
Manhattan
100
Metropolitan
certificates...
HO
10
People’s (Brooklyn!
J. & J.
1,000,000
F.&A.
J. & J.
J. & J.
J. & J.
J. & J.
386,000
4,000,000
2,800,000
750,000
Q-F.
1,000,000
800,000
M.& S.
F. & A.
50
4UI.000
50
1,000,000
J. & J.
J. & J.
1,000,000
10U
1 00
100
900,000
..
1st mortgage
Third Avenue—stock
at mortgage
..
r
Williamsburg dk llalbush—stocK.
1 it mortgage
TTTih
1000
100.
1000
100
1000
column shows last dividend on
J. & J.
J. & J.
Gebhard
Germania
Globe
Greenwich
Guardian
Hamilton
Hanover.,
Hoffman
Home
,
142
.
,
,
.
.
....
iio
127
130
ios.
1/73...4
1/73...5
.
.
1/73...5
.
,
Howard
Importers’* Trad
131
w
••••••
....
Irving
.
116
88
!12
2.’74...4
Hope
......
-
*
Jefferson
Kings Co. (B'klyn)
Knickerbocker
*
Lafayette (B’klyn)
Lamar.. |
125
121
..
.
.
Lenox
100
Oct.10/73...4
Jan. 2,’74...5
....
LIT
’73...7
.
......
July 1/73...3
May, ’73...5
Jan. 2,’74...4
Jan., ’73. .3
Manhattan
Mech. &Trad’rs’....
90
......
....
„
A.& O.
A.& O.
J. & J.
Mecbanics’(Bklyn)
100
Mercantile
.
.
.
......
.
Merchants’
Metropolitan
....
,
Montauk (B’klyn).
Nassau
124
(B’klyn)...
10
10
100
200,000
100 1,000,000
50
500,000
50
200,000
25
200,000
100
200,000
15
150,000
50
250,000
50
200,000
100 2,500,000
25
150,000
50
TOO .000
100
200,000
50
200,000
80
200,010
20
150,000
40
280,000
50
150,000
100
200,UK)
25
150,000
50
200,000
25
800,000
100
2 0.000
100
250,UX)
25
200,000
50
150,000
50
200,000
50
200,000
10
300,000
50
150,000
50
200,000
tt
......
t.
„
a
.
9
B
,
•
-
......
t
.
.
f
r
Niagara....
North River
Pacific
Park
Peter Cooper
People’s
-
1C 8
ftf
Phenix
Relief
....
(B’klyn)
Republic
..
....
Resolute
127
......
RutgerB’
Safeguard
St.Nicliolas
Standard
Star
Sterling
Place.]
Stuyvesant
Askd
Bid.
Last
dividend.
Tradesmen’s..
United States
+Washington
Williamsburg City.
July 15/73
inly 15/73
3% Apr., ’72.
5
Apr., ’73.
7% Jan., ’72.
5
Eeb., ’53.
5
Jan., '72.
5
5
50
25
25
1(H)
20
20
50
50
100
100
25
100
25
50
100
100
25
25
25
1(*0
50
Before figures
17
July, ’73..5
10
10
July,’72..5
Julv, ’73. .5
July, ’73..5
8% July ,’73... 5
102
107
185
95
200
96
10
Aug.,’73.10
Jan., ’74.10
1S% July/73.3%
33%
14% 14% 20
10
10
10
327,958 20
20
10
4
20
10
10
30’906
51,251
—13,675
81/509 20
—24,456
44.01U 10
—L025 10
26,798
....
.
,
,
5
10
10
io
io
io
July,’78. .6
12% July,’73.7%
20
10
24
100
225
10
Aug./78.14
July,’72..5
July, ’72.. 5
Jan., ’72..5
10
5
5
io
10
9%
10
10
5
T’
-
12
10
....
10
20
30,692 10
10
10
15
10
85,139
99,483
80/32
,'545
10
5
,
f
t
t
July,’73..5
July,’73.10
July, ’78..5
11 ;S79
50,484
14
15
,
5o;ooo
186,329 is
f
T
T
„
#
,
-
T
T
-
•
*
#
,
16
18
5% 10
46,594
10
11
20
—17,027 10
24,692 20
10
20
4,884
123,000 10
175/40 20
?9/P6 12
11
20
....
«...
•
•
•
20
10
5
20
4
199,972 18
15
136/7(1
53u
131,693
102,43?
215,368
113,477
168,139
76,413
43,893
12
12
18
16
10
10
10
16
16
10
10
12
12
11
12
10
11
12
10
10
10
25
6
3%
18
23
11
12
12
12
11
10
13,772
-25,724 10
143,866 15
10
10
16
10
11
10
10
5
s
10
10
10
200.000
19,568 10
2U*,000
150,000
107,240 10
20,697 12
187,019 14
10
10
10
14
14
24,311 io
10
250,000
200,000
250,000
-
...
*
»
110
’73
Aug.,’73.10
10
io"
13% July/73...6
10
July,’73..5
10
Aug,,’73..5
12
Julv,’73..7
14
July, 73..5
14
July, ’73.. •
5
July, 72..5
10
J.&D.
J. & J.
J. & J.
M.&N.
A.&O.
....
1884
7
Nov.’73
1872
180
10)
5
July, 73
160
York:
1841-63.
1P54-57.
Croton water stock..1845-51.
do
do
..1852-60.
Croton Aqued’ct stock.1865.
do
pipes and mains
Water stock
do
Improvement stock.... 1869
250,000
Q-F.
2,000,000
2,000,000 I J. & J.
300,000
M
.'&
S.
do
Nov.'73
80
,
156
July’73
Nov.’73
1873
5
95
Nov.'?3
1877
1876
1885
1888
7
7
5
Nov/73
7
1890
7
7
'
Brooklyn :
bonds
do
....1869.
var.
var.
var.
-
-
,
-
1819-65.
1861-65.
Local imp. bonds.... 1862-65.
do
....1866-70.
do
N. Y. Bridge bonds... .1870.
Park bonds
1860-71.
Water bonds
1857-71.
Sewerage bonds
8 years.
Assessment bonds...
do
r',
128
1890
Nov.’73
2%
(o
Consolidated bonds
Street iTnp. stock'
do
do
City
1878
7
7
•
•
•
150
•
ICO
75
70
"85"
...
115
1)5
95
95
"fo"
......
75
120
110
135
,.
70
150
65
...%*,
180
.
,,0
188
......
lib
....
of capital.
Price
Bid.
Months Payable.
Ask
Feb., May Aug.& Nov
do
do
do
do
do
do
do
do
May & November.
Feb., May Aug.& Nov
do
do
do
do
do
do
May & November.
Feb.,May, Ang.& Nov
May & November,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1870-80
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82
95
95
91
93
90
90
90
100
;oo
ioo
ioo
ioo
ioo
ioo
‘*9i
91
101
91
*91
ioo
90
100
91
1' 0
July’70
7
2
Q.-F.
I
1882
1890
7
J.&D.
F. & A.
A.&O.
M.&N.
M.&N.
J. & J.
1852.
1870.
do
Floating debt stock
1860.
Market stock
1865-68.
Soldiers’aid fund
1863.
do
do
1863.
1835
7
M.&N.
..1853-65.
do
Dock bonds
lS^l
1834
7
J. & J.
reservoir bonds
do
Central Park bonds. .1853-57.
do
7
2
•
Bondsdue
Neio
,
Jan,. 74
6
140
ieo"
i:o
1880
.
....
100
.
•1
July, ’73 .5
Interest.
Rate.
Jan., ’73.
Q-F.
M
"75
65
ISO
65
145
175
capital and profit scrip,
fire.
130
129
Jan., *73.
7
July/71.3%
Jan., ’74..5
July, *73..5
14
"9i"
10
155
City Securities*
2% Nov., ’73.
4
July 15/73
7
Jan., 74..8
July, ’73..5
July, ’73. 5
Julv,*78... 6
20
14
SO
140
75
July,’73..8
Aug.,’73.10
.
t
denotes impairment
•
-
7
•
110
100
80
95
150
80
’65"
July, ’73. .7
July, ’73..'
July, ’78..5
July, ’78..5
Julv,’73.10
July,’73..5
July, ’73. .5
July, ’73..7
July, ’73..4
.
.
*iS5*
,,,,,,
10
20
14
16
12
10
10
3%
16
•
127
.
180
Jan., *74.10
July, ’72..5
167
Jnly, ’73.10 "i65
150
Aug., ’78.10 140
65
Jan.. T4...
90
95
Jnly, *73..5
Oct., *73..6 •••*••( 112
170
July, ’73.10
20
16
10
—895
849
—532
123
Jan.,’74.19
16
20
12
20
16
IOO
100
85
,,
185/27 14
85
......
Sept:,’73..5
10
10
20
10
90
6.5
62%
io" July, ’73..5
10
14
70
140
"95
Jan., ’74. .7
10
10
10
5
—137
65
July, ’78..5
KA CM
98,818
—11
July/73...4
97%
75
90
95
1S5
80
f-0
8% July, ’72..5
15
17% Jan./74..!0
10
Jan., ’71..5
8%
io
.
ii
,
100
90
n
>
.
"so"
95
65
95
70
85
10
10
10
—377,067 io
-
t.
65
10
10
16
—8,143
16,593
....
20
6,800 5
91.S59 10
-
July,’7S..5
Aug.,’73..5
July, ’73..7
July, ’73..5
Jan., ’66. .8
July, ’73..5
AUR./73..5
Jan., ’74. .4
'
145
115
•
10
11
210/17 20
—13/77
—1/55
Oct., ’73.10
20
10
10
r
t
190
85
10
10
58,894 10
8.073
20
.
80
20
io
63/61
Aug.,’78..7
•
-
180
11
,,
Over all liabilities, including re-insurance,
t Gone into hands of receiver since Boston
150
200
14
ieo
190
1C5
no
105
70
11
10
18
*
—
13
20
10
2U),(KK)
200,000
500.000
350,000
200,000
200,000
150,000
150,000
300,000
200,000
200.000
200,000
150,000
200,000
200,000
15
20
13
10
10
16
200,OUt
210,000
1.000,000
200,000
16
14
53,159
110
150
70
20
13
41.599
165,898
5?/63
200,000
800,000
200,000
200,000
200,000
204,000
150,000
150,000
...
93%
Aug., '73...4
July, ’71.3%
7
7
1
"so"
20
—30,712 lQ
-
1,000,UK)
37%
National
35
N. Y. Equitable
100
New York Fire
100
N. Y. & \onkers..
lan. 2 ’74...5
Jan. 2/74.3%
F. & A.
M AN
J. & J.
203,000
750,000
200,000
170,000
254,000
300,000
797,000
167,000
800,000
850,000
200,000
150,000
815,000
750,000
125.000
Long lsland(Bkly.)
Lori Hard
Manuf & Builders’.
7
ioo 1,000,000
........
.
150
Oct. 1. ’73. .4
Nov.10/73. .4
3
1000
mortgage
3'IdJSt. dk. Grand St Ferry—stock.. 100
1000
1st mortgage
20
Grand Street it Newtown—stock.
50
lark Avenue—stock
1000
1st mortgage
100
Ninth Avenue—stock
1000
1st mortgage
50
Second Avenue—stock. .
1000
1st mortgage
10 0
2rt mortgage
1000
3d mortgage
1000
Cons. Convertible
100
Sixth Avenue—etock
•
German-American
Jan,,2 ,'71. .4
Jan., 5/74. ..5
Q-F.
.
55
20
20
—10,613
30
50
..
Firemen’s
Firemen’s Fund....
Firemen’s Trust
175
July 1/73... 8
J.&D.
1st
iio
101
Aug.lU/73. .5
Jan., ’73...4
Jan., 2/74.. .6
Jan. ,2/74... 5
Jan.,2,’74...5
:o 2,000,000
Brooklyn City—stock
1000
300,000
1st mortgage
100
200,000
Broadway (Brooklyn)—stock
:oo
278,000
Brooklyn it Hunter's Ft—stock...
1000
278,000
1st mortgage bonis
115,000
Atlantic Av., Brooklyn—1st mort. 500
500
100.000
del
do
500
164.000
3rd
do
Central Pk, N. dc E. River—Btock 100 1,161,000
550.000
1000
st mortgage
1000
600,000
do
St
214,000
C 'net/Island dk Brook'n—1st mort 1000
Dry Dock,E. B. & Battery—stock 100 1,200,000
1,000.000
2d mortgage, cons’d
•
Eighth Avenue—stock
.
•
8ept.l,'73...4
Jan., 2/74... 7
Jan.,2/74...5
Jan., l/7i...6
Jan, 10/74...5
5
5
Askd
17
12
10
16
20
•20
184,271
200 088
200,000
200,UK)
1(K)
Exchange
Farragut..
Nov. I. ’73..10
644,000
2,100,000
1000 1,600,000
1st mortgage
147
8 s*
Jan. 2 :74..,4
Nov. 1,
SOO'.OOO
VV|\K) r
25
40
Eagle
Empire City
......
Jan., 2/74...5
7
3
7
mortgage
Broadway it Seventh Are—stock.
.
.
May 1/73. .5
J. & j.
J & D.
1st
•
tCorn Exchange..
...
Vug.. ’73...4
10
250,000
5
14
6
M.&N.
4,000,000
Williamsburg
Bleecker St. A FultonFerry—stock
*
^.
Nov. 1/73...5
Rate.
'
July,*73.8%
July,’72..
July, ’73. .7
July, ’78. .5
July,’78..5
July, "78. .5
June/73.10
10
....
lY 49Q
255,321 20
1U)
*
July, '73...5
Jan., 2/74...4
July,
Bid.
13
12
10
10
50
Fire...
Commercial
commerce
Jan. 2/74...5
Nov. 1/73... 5
Jan. 2/74...4
A. & O.
c
gprtn
Columbia
July 1/73... 4
Q-F.
2,000,000
1,200,000
do
do
bonds.
Westchester County
do
Clinton
Stocks and Bonds.
'500,000
New York
75
......
Oct'., '"73.3%
10
4
1
Broadway
Brooklyn
Citizens'
City
i
200,000
300,000
200,000
200,000
153,000
800,000
210,000
10
3,150
—16,557
88,323 17
27,845 10
250.000
25
100
25
17
20
70
100
30
100
Bowery.
.
800
70
115
’73.3%
12
10
100 5 000,000
25 1,000.'000
Mutual,N. Y
Nassau, Brooklyn.
.
do
scrip....
2c. 0
8
8
12
..
400.000
200,000
50
Arctic
Atlantic.
»
200,000
50
....
9
300.000
50
20
50
63
...
Aug., ’73.. .4
6* July, ’73...3
10
Jan. 2/71...5
12
Jan. 2/74...6
Jan. 2,’73...5
8
Nov.lt),*73.. 4
July, ’7!
4
10
7
10
12
Par Amount. Periods.
Brooklyn Gas Light Co
65
120
200.000
100
25
140
July 3/73.3%
[Quotations by Charles Otis, 47 Exchange
Citizens’Gas Co (Bklyn...
do
certificates.
Harlem
300
Aug.. '78...5
July 1, '73...4
Nov.
Nov.
Nov.
Jan.
25
100
Adriatic..
jEtna
American.
......
7* Jan. 2/74 ..4
Jan. 2/74.3%
7
Jan. 2,’74...6
12
Nov. 1,*73,. .3
16
Jan. 1/74...6
12
7
Q-F.
2,000,000
9
9
& J.
J. & J.
J. & J.
422.70)
8
8
10
15
7
10
16
7
J.
400,000
300,000
10
10
j.
1,000,000
7
14
20
8
10
3
7
‘20
10
8
4
12
8
12
10
10
8
12
10
10
8
10
10
8
6
6
8
J. & J.
A. & O.
M.&N.
A.& O.
J. & J.
Jan.,
1369 1870 1871 1872 Last Paid.
110
6% JulyH1,'73.3%
8
Jan. ,2/71... 4
&
Q—J.
Q-J.
100
20
100
100
Phen’x
a
0,000
7
10
16
10
16
,T,
J. & J.
J. & J
150,000
500 00)
000,000
600.000
000.000
Jan., 2.’74. .6
Jan., 2, 74.. 12
Jan., ’73...4
Jan., 2,’74.. .5
July 1/73...4
July 1, ’73... 6
Nov. 1.73.. 15
Ian., 2,’74...5
Nov.. 1/73.. 1U
Jan.. 5/74..-4
July, 1*73.8%
6
8
Q—J.
•T
350,00)
25
12
36
10
20
9
Jan. l,
1873.*
t
106
Nov. 1,’73...4
Jan , ’72.^4
24
20
10
8
12
36
10
20
3
24
20
10
8
J. & J.
J. & J.
J. & J.
ev.2 moB
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
F.&A.
3,000,000
450,000
800,000
100
8
8
8
8
Price.
Dividends.
plus,
Par Amount.
Jan., ’67...5
Q-J.
25
Chemical
do
Capital.
.
2,’74...5
Jan.
10
10
J. & J.
J. & J.
M.&N.
J & J
J. & J.
J. & J.
3,000.000
500,000
5.000,000
40
Dry Goods*
East River
Eleventh Ward*
Net Sttr
Companies.
America*
American
American
Atlantic
Last Paid.
1872
1871
Periods.
Askd
Bid.
street.)
(Quotations by E. 8. Bailey, broker, 65 Wall
Price.
Dividends.
Capital.
Companies.
100
130
92ex
1
ttocki, but aate of maturity oj bonds.
Jersey City:
Water loan
do
1852-67.
1869-71
1866-69.
Sewerage bonds
Bergen bonds
1868-69.
Assessment bonds... 1870-71.
do
1872-91
1885-91
1881-95
1872-95
1911
1915-24
1881-1902
various
do
various
January * July,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
„
January & July,
do
do
do
do
do
do
Jan., May, July * Nov.
1877-95
1899-1902
1872-79
1874-1900
1375-91
92
ICO
100
HO
HO
ICO
90
95
35
86
96
96
96
96
Y l }
r
jL>i yj
r-
f
*'4 i 1
j'j
1874, and
of New
uncancelled
until the interest bond is paid, thereby giving the bondholder all
his original security in case of non-payment of tlie interest bond
the registered bonds will be arranged in similar
Tlie interest
three coupons
AND
STATE, CITY AND
CORPORATION FINANCES.
BOND TABLES.
Price* of the mo«t Active Stocks and Bonds are given in the “ Bank¬
ers’ Gazette,” previously.
Full quotations of all other securities will he
found
preceding pages.
Government Secnrltles, with full information in regard to each
the periods of interest payment, size or denomination of bonds, and
other details, are given in the U. S. Debt statement published in
t&T
falling due January
1, 1874, July 1,
first mortgage bonds;
January 1, 1875, from each of the company’s
the exchange to be made by the Union Trust Company
York, who are to hold in trust the three coupons
1 noc0tmcnts
1
[January 3,1874.
THE CHBONICLK
14
EXPLANATION OF STOCK AND
•
on
2.
ssue,
numerous
on
manner.-
Chesapeake & Ohio
Railroad.—At a meeting of creditors of
Railroad held on Monday, a large rep¬
Company’s proposition to fund
bonds was unanimously accepted.
the public (though not so stated
tlie Chesapeake A Ohio
resentation being present, the
the floating debt into income
It will probably be uderstood by
month.
Bank, Insurance, City Railroad and by the firm) that the resumption of Fisk & Hatch,
quotations, will usually be published the first three fidence in their financial management had much to do withcon¬
the
immediately preceding this.
State Securities, City Securi¬ acceptance of the proposals.
ties, aud Railroad and miscellaneous Stocks and Bonds
The annual report for the year ending Sept. 30 shows
will be regularly published on the last Saturday in each month. The publi¬
the earnings have been $1,21*0,509, against $879,700 expenses,
cation of these tables, occupying fourteen pages, requires the issue of a
making the net earnings $330,809. Tlie superintendent says:
supplement, which is neatly stitched in with the usual edition
to all regular subscribers of The Chronicle.
The expenses are 72 per cent of the earnings, the
percentage over the previous year being due to the
new
In this department of the Chronicle it is intended during
road, on which no business was developed previous to
com¬
pletion of the road. The receipts for the last three
were
year 1874, to continue the publication of all
expenses,
information in regard to the finances of States, cities, railroad and $452,000, and expenses $279,000, showing 62 per cent,
which can be reduced with increased business. The passenger
other corporations. We shall also notice such facts
receipts have increased $100,000 over the previous year,
the various issues of town and county bonds as may be of interest during a portion of the year at a reduced tariff. It is hut reason¬
able to suppose that the travel between the East and West, as
to investors and the general public, and shall also comment upon
well as to the summer resorts on the line from western cities, will
western real estate mortgages, and upou other forms of invest¬
be largely increased next season.
The freight
ment which are of sufficient general interest to warrant a notice increased $317,000, or 80 per cent.”
in the Chronicle.
Chicago & Michigan Lake Shore.—We
The bondholders lately met
It is the aim of the publishers to furnish the most complete default of this company July, 1873.
in Boston to consult upon measures for relieving the company
summary of investment news anywhere published ; and to make
from its present financial embarrassments, and
a com¬
Hucli remarks upon the facts transpiring from time to time, as may mittee to investigate the matter and report at a future date. A
give the best opinions that can be formed by those
plan suggested is to convert into preferred stock
coupons,
facts before them, and who sincerely desire to arrive at the most maturing between July 1, 1873, and May 1, 1875, on all
The Chronicle on the first of each
3. City Bond*, and
Gas Stock*, with
weeks of each mouth, on the page
4. The Complete Tables of
and the
that
and furnished
increased
opening of
the
months
for
and
“
the
valuable and practical
concerning
receipts have
noticed the first
appointed
who Lave the
four
the debt
except $477,000 of first mortgage bonds on the line from New
correct conclusions.
Buffalo to St. Joseph.
This would leave two years’ interest on
Railroads in Default.—A list of railroads defaulting on their $6,198,000 of 8 per cent bonds, floating debt $560,000. and for
January interest, so lar as it is yet possible to ascertain them, is additional rolling stock, &c., for increased business, $250,000—a
given in the editorial columns. The full table showing all roads total of $1,800,000 of 8 per cent preferred stock. It is thought
in default to date will be brought forward next week.
that under this plan the road would, after two years’ time, be
able to pay the interest on its bonds from tlie net earnings.
Pennsylvania State Finances.—Gov. Hartrauft announces
Des Moines Yalley.—The road from Keokuk to Des Moines
that the public debt of the State has been reduced to the extent
of $1 ,5C4,672.70 during the past year.
purchased by J. Augustus Johnson, in the name of the bond¬
holders, on Oct. 17, for $1,175,000. The upper end of the road
Boston Dividends.—Mr. Joseph G. Martin, stock broker, No.
purchased lor $475,000 by Mr. Perry, for the Keokuk &
10 Stale street, Boston, has compiled his usual list of dividends, Northwestern Railway, a new corporation, formed for the purpose
of buying and operating the entire road/with extensions towards
payable January 1, and remarks :
Manufacturing dividends feel the influence of the times forci¬ Minnesota and St. Louis. This purchase creating great opposibly and reductions are in order. The Douglas Axe reduces from sition among, tlie holders of the land grant bonds, who expected
6
5 per cent; Dwight 5 to 3 ; Great Falls 5 to 3 ; Hill 7 to 5 ; to be represented at the auction sale, litigation was threatened,
Lowell Bleacliery 10 to 8 ; Massachusetts 0 to 4 ; Naumkeag 4 to
the ground that there were sufficient reasons for setting aside
3 and Newmarket 6 to 4 per cent. The Middlesex divides 6 per the sale, and tlie matter was compromised by the assignment of
cent for the year.
The Cocheeo paid 10 per cent, and the Salmon the bid to these bondholders, represented by Morton, Bliss & Co.
Falls 4 per cent December 17. The Atlantic, Clinton, Norwich
The lowrer road, that is from Keokuk to Des Moines, is now
Woollen, Salisbury, Washington and Waumbeck pass; also the under the general management of John E. Henry, who is in
American Insurance and the Boston and Roxbury Mill Corpora¬ peaceable possession, and runs it under the direction of the Pur¬
tion.
chasing Committee, J. Augustus Johnson, Robert C. Geare, and
Railroad dividends show less changes than other securities. Robert W. Hyman, of New York, in whose names that property
The Taunton Branch increases from 4 to 5 per cent under a lease
stands. A new organization in the interests of the bond¬
with the New Bedford Railroad. The Eastern, Eastern in New holders has been formed, known as tlie Keokuk & Des Moines
Hampshire, and Portsmouth, Great Falls and Conway pass the Railroad Company. Articles of incorporation have been prepared,
January dividend. The Attleborough Branch will pay 3£ per and the road is to enter upon its new career under more favorable
cent January 1.
The New York, New Haven and Hartford will auspices. A new mortgage of $2,300,000 is to be put upon this sec
tion. The old bondholders are to receive 80 per cent of the amount
pay 5 per cent in New York January 2, and the Philadelphia and
Reading 5 per cent, on common and preferred, January 26, in previously held, and 60 per cent in preferred stock. This arrange¬
Philadelphia.
ment will leave about $460,000 of tlie new bonds, the proceeds
The Atchison, Topeka & Santa Fe, and the Missouri River, Fort of the sale of which will be used for the improvement of the
Scott & Gulf Railroad companies, both pass the interest due Jan. road.
It is believed that the road, under the new management,
1st
their first mortgage bonds. The former proposes to fund will pay the interest on these bonds, and after the first year a
the stock.
eighteen months coupons in second mortgage 7 per cent gold dividend
bonds to be issued at 50, the first interest coupon not to become
It is not understood that the other portion of tlie road, from
due until October 1, 1876.
Coupons on the Land Grant bonds are Des Moines to Fort Dodge, lias yet been reorganized. It is stated,
be funded in 12 per cent income bonds at par. The Fort Scott however, that it is in contemplation to form a distinct corpora
will fund the January and July, 1874, coupons in 8 per cent pre
tion unless some arrangement shall be effected with the already
ferred stock, and also pay the January and July, 1875, coupons, organized portion
to include it in that organization on some equit¬
when they mature, in half cash and half stock.
The second able basis.
mortgagee, on wliich'interest was defaulted October 15,1873, is to
Detroit & Milwaukee.—At a meeting held in London the first
*be converted, principal and interest, into preferred stock.”
mortgage bondholders appointed a committee and authorized it to
take steps necessary to protect their interests, even to the extent
Atlanta & Richmond Air-Line.—It lias been announced that of foreclosure. The coupons due November 15 were not paid.
The yearly interest on the first mortgages amount to a little more
the Pennsylvania Railroad Company has purchased from the
“Southern Railway Security Company” its interest in the Atlanta than $230,000, and the net earnings last year were more than
The sum paid was $1,825,000. $500,000, but indispensable improvements of the road have been
& Richmond Air-Line Railroad.
The Great Western of Canada holds
The purchase is made subject to the first mortgage, which paid for out of net earnings.
substantially all the stock, but tlie only advantage from it hitherto
amounts to about $4,000,000, but the cost of the road has been
has been tlie securing of tlie through traffic from it. - It is said
upwards of $8,000,000.
offer has been made to pay a yearly rental of $500,000 for
that
Canada Southern .—Mr. Courtriglit, the President of the ♦lie road for 21 years. The Great Western Company voted against
Canada Southern Railroad, has issued a circular to the bond¬
proposition to buy out the other interest (a Canadian bank) sub¬
holders and the public, stating that owing to tlie financial ordinate to the first mortgage, and if the foreclosure is had it
difficulties growing out of the late panic, whereby a large
will lose its interest.
The possible customers in case of a sale
amount of the funds of this Company became tied up, and,
the Grand Trunk, the Canada Southern, and the Lake Shore
though secure, are now unavailable, and the impossibility & Michigan Southern, all of which, as well as the Great Western,
of
negotiating the securities which are sufficient, at a fair could carry its through traffic eastward. The committee appointed
valuation, to meet all the outstanding liabilities, the Company consists of Mr. S. Laing, M. P., Mr. Wythes, Mr. P. Rose, Mr. J.
propose to~ ftrnd-fin a-new- bond, having three years to run Coates, Mr. T. W. Powell, and Mr. C. Holland, of Liverpool.
January 1, 1874, and bearing seven per cent interest) the
f
was
was
“
to
on
;
“
now
“
on
on
to
an
a
_
are
cxti.f.L
Erie.—A short time since cables were received from London to
the effect that the Railway News, James McHenry’s paper, con¬
tained the notice of a new issue of $22,000,000 of Erie stock,
which were to be placed at 35 in the London market.
It appears,
however, that this was nothing more than the
a
proposition of
correspondent,” supposed to be Bisclioffsheim, who
wrote as follows of the Erie Company’s intention of raising
$3,000,000 by mortgage loan : “I would therefore urge upon the
Board the desirability of reducing the contemplated expenditures
to one-fourth of that proposed in Mr. Watson’s scheme, and to raise
the money therefor by issue of ordinary shares, instead of by further
creation of permanent debt.
The present ordinary capital of the
company is $78,000,000 or £16,000,000 for a concern which will
shortly embrace a mileage much greater than that of any English
railway. I propose to raise this to $100,000,000 (by*io means too
great a figure for such an undertaking.) Were the additional
$22,000,000 issued at $35 currency, a sum of $7,700,000 net would
be produced, or as much as could be obtained by the issue of $11,000,000 of convertible bonds, with a perpetual interest charge of
$770,000 a year. Such an increase of the interest charge might
in bad times seriously affect the position of the company, whereas
if the money were raised by ordinary shares, as in the recent case
of the Grand Trunk Railway of Canada, the financial position oi’
the concern would be strengthened by obtaining $7,700,000 o]‘
capital without charge, except out of surplus earnings.”
The same paper of December 6 says : “ Without being in a
position to publish the full details of the agreement, announce¬
ment of which must be deferred awraiting the formal action of the
boards of the respective companies, we believe we are justified in
stating that, after protracted negotiations, in which every interest
has been carefully studied and guarded, Mr. P. H. Watson, as
representing and fully authorized by the board of the Erie Rail¬
way Company, and Mr. James McHenry, representing Genera'
McClellan, have arrived at the terms of a lease by the Erie of the
Atlantic and Great Western, its leased lines and connections.
We understand that these terms involve the working of the
Atlantic snd Great Western, and the Cleveland, Columbus, Cin¬
cinnati and Indianapolis lines by the Erie Company for a net rental
of 35 per cent of the gross receipts of the two systems.”
Fitchburg.—The directors of the Fitchburg and Vermont &
Massachusetts railroads decided upon the following terms of a
perpetual lease of the latter road to the former : For the first
two years the Fitchburg Company pay to the Vermont & Massa
chusetts four per cent per annum on the capital stock; the follow¬
ing two years five per cent, and ever after six per cent. A meeting
of stockholders of the Fitchburg Company confirmed the lease.
Great Western Railway of Canada.—The receipts on capital
account during the half year ending July 31, 1873, were £775,988,
arising as follows :
Deposit of £25 on new issue of £1,209.000 perpetual five per cent de¬
benture stock
£302.250
288,300
On account of 1st July instalment
valued
'
In
anticipation of future instalments
Shares issued on
l'in
■
.
THE CHRONICLE.
January 3,18741
"
3.To
i'/snU
conversion of preference stock
Total
(net result)
15
4'
with
as heretofore go over the Great Western, and
power
of re-entry in the event of default.
allow matters to remain as they are, which will inevitably
involve default in the payment of the first and second mortgage
bond interest due Nov. 15,1873, as well as the small amount of first
should
maturing at that date, and possibly the adverse
which, as Mr. Jerome reports,
may cause |lie ownership of the line to pass from the Great West¬
ern into hostile hands, and
the diversion of some of the through
mortgage bonds
action of
some
of the bondholders,
traffic into other routes.
International
&
Great Northern.—The
extension southwest from the Brazos
grading
on
the
River is nearly finished to
Rockdale, 25 miles from the river and
Texas.
The temporary bridge over the
30 miles from Hearne,
Brazos is completed, and
track-laying is being pushed forward rapidly. Rockdale is about
50 miles northeast of Austin.
The company lately offered at
auction in New York $500,000 International Railroad Company 8
per cent convertible bonds, indorsed by the Houston and Great
Northern Railroad Company, and $500,000 Houston & Great
Northern Railroad Company 8 per cent convertible bonds,
indorsed by the International Railroad Company.
They realized
the following prices on the bonds sold: $10,000 at G4£, $5,0C0 at
634, $5,000 at 624, $5,000 at 61*, $217,000 at 61, $5,000 at
60f, $30,000 at 60f, $381,000 at 60. Total, $658,000.
Lake
the Lake Superior
requesting bondholders
Superior & Miss.—The President of
& Miss. Company has issued a circular
to fund their coupons for three years as follows:
Under these circumstances, the company proposes to issue to
the holders of the first mortgage bonds, in payment of the
due from the first of January* 1874, until the first of
July, 1876, inclusive, a certificate of indebtedness for the coupons
of each year, at their currency value, payable in six years from
their maturity, or sooner, at the option of the company, bearing
interest, payable annually, at the rate of seven per cent per
annum, from April first of each year, being the average matur¬
ity of the coupons : with the condition that no dividend on the
stock of.the company, interest upon income bonds, or indebted¬
ness for which certificates
are now outstanding, shall be paid
until the principal and interest of said first mortgage certificates
shall be fully paid : and cash payment shall be resumed of the
coupons of the first mortgage bonds as they fall due, the coupons
thus detached to be placed with the Fidelity Insurance, Trust
and Safe Deposit Company of Philadelphia, to be held in trust as
security for the scrip so issued ; the conditions being that should
the Lake Superior & Mississippi Railroad Company fail to perform
its obligations to pay the interest annually and principal at
maturity, then the holders of the scrip shall have all unpaid
coupons returned to them, with the right to proceed against the
company the same as if no trust had been made.
The gross
earnings in 1870 were $181,845 ; in 1871, $457,702 ; in 1872,
$731,612 ; in 1873, $885,839, estimating December.
Michigan Central <fc Great Western.—By the addition of 26
185,240 miles of second track this year, the company now have 202 miles
£775,790 of double track out of the 284 miles of its main track between
198 Chicago and Detroit. The entire road east of Jackson and west
£775,998 of Niles is double tracked, both tracks being entirely of steel ;
coupons
and of the old main line between Niles and Jackson about twocapital account amounted July 31, 1873, thirds has steel track. On the Great Western Railway of Canada
to £7,672,682.
The charges to capital account during the half the entire main line is now laid with steel, as is the Glencoe Air
year amounted to £458,048.
Line. Of the 79 miles between Detroit and Glencoe 51
The total expenditure to July 31, 1873, amounted to £7,246,383, (“ Loop”)
miles now has double track, leaving but 28 miles of single track
leaving a balance at credit of capital account of £426,299. The on the line. The company has increased its equipment both in
receipts and expenditure on revenue account for the half year rolling stock and motive power. The Michigan Central has added
have been as follows :
a good
many new cars ; the motive power was entirely adequate
Gross receipts
£619 S39 by the addition of 48 engines last year. The arrangements for
Working expenses, including renewals, taxes, rents, and all charges.. 417,099
transfer at Detroit have been increased two fold.
The total receipts on
. £202,740
Milwaukee & St. Paul.—This railway, by entering into close
exhibits the receipts and expenses for four working relations with the Milwaukee and Northern and Wiscon¬
corresponding half years :
sin Central railroads, practically makes these lines parts of its
RECEIPTS.
system. This gives it a line nearly straight from Chicago north
Freight
Half
Passenger s,
year
and
through Milwaukee to Green Bay onlv 195 miles long. The com
mails,
ending
Total.
Rents.
live stock.
and sundries.
pletion of about eighty miles more will finish the line to Ash¬
July 31.
£807
£408,900
£254,230
...£153,803
1870
land, when there will be a continuous line from Chicago through
458 891
747
300,059
1871
709
350 014
550,735 Milwaukee, Menaslia and Stevens Point to Lake Superior at tlis
1872
1Q3.951
863
619,839
420,902
197,994
1873
magnificent harbor of Ashland Bay.
EXrEXSES.
Missouri River, Fort Scott & Gulf.—The Directors of this
Per cent of
Including renewals
road have issued a circular in which they state that they are
and all charges.
gross receipts.
6158
£251,824
unable to pay the coupons due January 1. It is proposed that
Half year ending July 31, 1870...
58 40
208,276
1871..
the first mortgage bondholders surrender their coupons due Janu¬
59 82
329,437
1872...
ary and July, 1874, and receive in exchange 8 per cent preferred
67 29
417,099
1873...
stock, and also the coupons due January and July, 1875, and
The Great Western Railway Directors have made an extended
accept, ou those dates, one-half in cash and one half in preferred
review of the connection of their company with the Detroit & stock.
Second mortgage bondholders, whose interest was not
Milwaukee for the stockholders to vote upon, and say, in con¬
paid October 15, are requested *to exchange their bonds and cou¬
clusion :
pons for the preferred stock.
The decision of the stockholders will result in one of the folIts earnings for 1873, estimating for December, will be about
1 owing alternatives :
$700,000 gross and $230,000 net, against $681,910 gross and $241,
1. To place the Detroit & Milwaukee on such a firm and per¬ 679 in 1872; and the receipts from land sales, etc., were $86,818
manent financial basis as it has never yet occupied, by the substi¬ in 1873
against $102,353 in 1872. Thus the net receipts of this
tution of Great Western securities, the interest on which is not to
year are about $316,818, which is $27,214 less than last year.
exceed 5^ per cent, for those now bearing an average rate of 7£ The company, lioweveryhas a floating debt of more than $360,000.
per cent. The issue wilhauiount to £1,360,000, or gold $6,800,000,
The land sales have been large, but comparatively a small part
to replace every other mortgage bond, and therefore to be the
of the price is received during the year of the sale, and the com¬
only charge on revenue taking precedence of the Great Western, pany has due more than $2,000,000 for lands with $245,000 of
in whose hands the working of the railway will be continued..
unpaid interest. The value of the lands unsold is estimated at
2. With the above arrangement to accept the proposal to lease
£2,641,848. The company also owns $505,600 of county and town
the railroad to the Detroit for an annual rental sufficient to cover
Kinds, the validity of many of which is pending in court.
the interest on the new securities to be issued, and tu secure the
Mobile & Montgomery.—The trustees of the first mortgage,
payment of 5 per cent interest on the $2,095,000 debt due to the who are now in possession of the road, will make a report of the
Great Western in October, 1860, resigning the management of the
road to the Detroit, with the stipulation that the entire traffic operations of the road since they took possession in July.-
Total...
The
*
following table
....
....
i i
<4
a
distance of 105 miles. This completion of
company's charter in Washington Territory.
Application hss been made to the Government for the appoint
ment of commissioners to immediately examine and report on the
new part of the line thus finished.
The company will fund all interest on its bonds up to and
including January 1, 1875, into five year seven per cent coupon
bonds, convertible Into the company’s first mortgage bonds at
par, and into- the lands of the company at twenty-five per cent
off from the regular prices.
This is its circular:
River, northward,
EnglandF(late Boston, Hartford & Erie).—
“The organization of
Railroad Company was
completed in April last. It has, we believe, a valid exist¬
ence, and is capable of receiving the property of the Boston,
Hartford <& Erie Railroad and carrying forward the enter¬
At the time the
prise which was the object of its creation.
organization was completed and the officers elected it was
expected that a conveyance of the property from the trustees in
possession, and a release from all other parties in intenest, would
be made within a short time,
It was necessary, however, that a
considerable amount of money should be paid by the new corpo¬
ration to liquidate debts and obligations created or assumed by
the trustees and by the Receivers previously in charge of the road.
The amount of indebtedness thus necessary to be liquidated
before the conveyance could be made was from three to four hun¬
New York & New
dollars, and it covered what is known
)
V
No. 23 Fifth avenue, New York, Dec. 17,1873.
)
To the Bondholders of the Northern Pacific Railroad:
This Company submits for your consideration the following statement:
1. The Company has 558 miles of road constructed and in operation,
which 518 miles have already been approved by Govemmeut, well
of
built and
second
thoroughly equipped with 75 locomotives, 6 first-class passenger cars, 13
509 box cars, 1,130 platform cars. Both the Eastern and
practically completed roads, having valuable commercial
either terminus, with the control of 400 miles of navigation of
class passengerxars,
Pacific Divisions are
cent subscription, amounting to $172,000, this being a contri¬
per
a
the
saves
Northern Pacific Railroad Company,
Treasurer’s Office,
the two
as
road
the
A well informed correspondent says:
the New York and New England
dred thousand
[January 3,1874.
CHRONICLE
.THE
16
connections
bution by the bondholders, at the time the trustees took posses¬
sion of the road, to pay certain liens and claims to enable the
trustees to take possession.
It included, also, a very large
amount of money spent for repairs and changes, such as the sub¬
stitution of sftme viaducts and bridges in the place of trestle-
at
the Columbia River, in Oregon.
2. The outstanding floatiug debt
of the Company, unsecured or unprovided
for, will not exceed $437,000.
3. The road built entitles the Company to about 11,000,000 acres of valuable
land. It has already received patents from Government for 743,941 34-100 acres.
4. The
Company being unable at present to pay the interest maturing on its
bonds, the following proposition is made to its bondholders, viz. :
work, necessary to the preservation and safety of the road.
First.—To fund its interest due January 1, 1874, July 1, 1874, and January 1,
To meet this payment (which would secure the transfer), and to
1875, in a five-year interest land warrant coupon bond, bearing seven per cent
obtain in addition funds to take up underlying mortgages and currency interest, payable semi-annually January 1 and July 1 of each year,
claims, and to complete the road to the Hudson River and equip the first coupon, however? to mature January 1, 1875.
Second.—To make the interest land warrant bonds receivable at any time
it, it was and is proposed to put upon the property a mortgage to before April 1, 1877, at par, in
payment for any of the Company's lands (along
the am.mnt of ten millions of dollars ; and since the organization its present finished road east of the Missouri River, and north of the Columbia
of the company in April the efforts of the officers have been River; the price of the lands for this purpose to be 25 per cent less than the
directed to obtaining a negotiation of this loan abroad and in regular cash or bond prices ; they will also be received at par, and accrued
interest, in exchange for the first mortgage bonds of the Company at par, and
this country.
accrued interest at any time before April 1, 1877.
Thus far the object has not been accomplished.
Third.—To deposit in escrow, uncancelled, with S. Kennedy Cass, trustee,
The counsel of the company have advised that until the new
all coupons and orders for interest, which may be funded in the proposed fivecompany either has the actual possession of the property of the
year interest land warrant bonds; but if this Company shall make default in
•road, or is in such a pecuniary condition as to be able to require a payment of interest or principal of said interest land warrant bonds, as it
conveyance of it, it would be unwise for the bondholders to matures, the holders of the said bonds may, at their option, surrender them
trustee
above, and receive back the
exchange their bonds for stock, and alter the form of their secur¬ (with all coupons attached) to thethe same namedas surrendered, for which said
class
coupons or orders for interest, of
ity. It is hoped, however, that the loan will soon be effected and interest land warrant bonds were given. Bond scrip will be given for amounts
all the proposed arrangements carried out.”
less than $100, convertible into interest land warrant bonds, when aggregated
in amounts of $100 and multiples thereof.
The denominations of the said interest land warrant bonds are $100, $500,
and $1,000 each. Coupons may be presenteddn person, or sent by mail to
office, and exchanges and returns will be promptly made as above stated.
A. L. Pritchard, Treasurer N. P. RR. Co.
Northern Pacific Railroad.—The Northern Pacific Railroad
has been finished to Tacoma
are
now
this
Puget Sound. Regular trains
running from Kaloma, at deep water on the Columbia
on
MONTHLY EARNINGS OF PRINCIPAL RAILROADS.
c
Atlantic & GW.
(567 m.)
$351,342
1872.
$374,718
334.210
Atlantic Sc Pacific.
1873.
(601 m.)
324,210
420,250
431,845
1872.
372,397
374,273
441,877
428,083
431,761
(261 m.)
$86,854
$65,319
$61,363
87,619
9S.881
122,348
64,476
69,346
87,543
80,759
96,567
85,344
108,888
103,116
122,956
109,590
91,946
105.352
64,581
112,275
98,800
116,231
126,4:35
119,989
115,503
88,853
66,725
74,242
78,346
85,561
77,387
82,682
96,696
73,834
88,637
447,252
93,420
113,831
126,968
98,592
108,100
144,901
139,998
105,430
554,205
469,251
391,239
404,900
4(i,997
49,516
50,139
60,481
47,259
64,416
65,608
72,273
57,375
55,290
56.169
79.098
55,000
49,440
(391 m.)
(956 m.)
$358,612
408,849
$1,333,310
1,294,056
1,464,209
1,527,993
1,767,986
64,230
465,517
432,928
394,485
340,675
1,607.492
1.518,911
351,576
426,283
432,139
1,653,292
1,758,062
1,817,369
Marietta^ Cin.
1,745,729
1873.
(284 m.)
(284 m.)
(715 m.)
(788 m.)
$152,578
$170,023
162,585
$505,586
434,022
$475,897
180,467
190,562
185,633
154.587
'
150,784
145.858
153,718
.
185.953
141,550
181,868
162.521
173,469
203,514
191,841
558,533
607,678
593,641
505,314
505.808
580.908
203,077
667,819
786,333
207,911
201,196
616,024
576.783
2,02),927
.
t. L* & S. East.
1872.
1873.
$36,840
37,514
41,4.7
39,211
38.875
43, 181
(358 m.)
$33.12 i
101,825
110,710
119,753
173,66t>
187,6-25
180,786
181,243
191,155
42,258
96.812
113,162
f 100,2:2
gl!S.058
5-98,717
125,714
122,563
93,715
8 72,309
765,S55
(1,018 m.) (1,310 m.)
$460,985 $334,715
423,716
387,565
555.005
580,432
£805,799
”929,210
834,320
767,800
1,193,209
1,012,704
771,800
379,879
409,254
419,197
488,352
559,882
412.218
r
352,604
5,156,326
1873.
.
1873.
163,254
229,260
203,140
230,300
195,180
178.867
6,957,771
'
114,842 124,045
125,286 133.758
322,875
341,843
724,983
100 868
315.363
672,917
748,634
876,413
763,673
622,433
100,860 121.274
117,408 156,973
693,063
126,124
8,026,750
260,194
230,109
227,640
216,354
207,854
233,551
$81,299
91,138
$207,874
224,393
95,853
..April.
..may...
117,542
150,673
256,719
263,585
250,934
June..
143,455
249,342
.July...
180,480
302,881
329,000
.Oct
..Nov...
,.I>ec—
171,945
206,299
227,443
230,518
200,224
1,896,869
..Sept....
—
,
213,325
205,500
173,000
203.731
160,800
235,159
296,502
267,685
f403,781
i 339,000
152.632
112,974
$320,669
255,471
245,360
178,154
180,127
151,445
^309,000
310,345
194,786
300,719
352,298
332,763
312,614
323,231
1873.
(1,136 m.)
$1,412,386
1,294,710
1,498,408
1,323,476
1,225,708
1.549.285
1,735,736
1,528,250
1,479,945
1,459,360
1,635,*'91
1,764,788
265,218
1,694,543
1,680,96 9
1,585,368
1,451,762
1,582,531
1,558,424
223,241
3,651,645
1,776,420
1,742,516
1,875,556
1,483,480
17,591,629
.......
Ohio & Miss.
Mobile & Ohio.
1872.
(517 m.)
..Jan....
..Feb...,
,.Mar....
Pacific of Mo.
1873.
1872.
(517 m.)
(393 m.)
(393 m.) (471m.) (471m.)
$312,848
265,628
$272,472
239,733
290,710
276.290
280,523
$283,605 $246,830 $227,897
291,630 237,778 261,346
260,127
227,225
184,037
148,691
158,526
149,093
200,757
250,856
202,605
215,426
306,248
344,335
360,056
218,423
238,635
?
2,952,004
1873.
1872.
3-38,725
327.404
338,708
295,160
269,559
286,738
307,520
290,470
255,424
301,998
263.290
232,286
304,083
356,194
265.906
316,199
317,910
384,694
327,168
260.404
871,344
408,254
325,841
266,533
319,024
283,836
3,526,695
...
1873.
344,633
320,991
301,521
272,600
267,734
325,093
382,098
353,168
308,632
.
St.L. A. Sc T.H. Tol.,P.A Wars’w. Toledo.Wab. & W.
1872.
(337 m.)
..Jan
..Feb....
..mar.
.
..April.
219,051
199,958
..may...
201,769
..July...
..Aug.
..Sept....
251,313
286,244
274,567
232,789
1873.
(642 m.)
..
1872.
811,774
349,382 328,188
341,968 343,785
442,822 392,510
168,453
137,6:34
102,431
(433 m.)
(530 m.)
229,924
231,886
124.203
Mo., Kan. & Texas.
1873.
(530 m.)
$228,830 $183,275
220,618
211,057
136,178
1,360,006
..Aug.
Lake Shore & M S.
1873.
687.630
881,692
St. Louis, K-C-&N*
1872.
1872.
191,738
300,783
744,782
..
'
99,441 90 441
109,830 112,569
.Sept....
1872.
.
(212 m.) (212 m.) (672 m.) (672 m.) (1,074 m.)
$101,075 $100,327 $189,606 $150,567 $1,339,389
..Oct
..Nov....
..Dec—
696,475
.
431,315
1872.
609,846
783,255
.
...
497,261
540,756
Ind. Bl. AWest’n. r-Kans. Pac’c->
1873.
July...
..Aug....
..
765,249
967,258
1,034,022
1,256,072
1,292,143
1,240,987
1,284,094
1,511,781
1,451,827
1,039,306
J2,272,060
1,271,623
1,254,688
1,285,567
1,299,9%
..June..
..may...
402,477
(1,459 m.)
$752,467
1,074,779
1,070,459
1,029,957
1,196,700
1,303,304
1,433,948
1,067,386
859,779
651,952
544,035
...April..
1873.
900,376
426,316
482,205
..Year..
.”( 513,787
201,190
191,000
424,614
575,393
559,871
648,955
659,362
& St. Paul.
1873.
594,769
581.168
488,349
576,790
565,728
811,961
763,481
950,945
.£( 702,838
(212 >n.)
$173,707 $146,160
182.055
.marcli
.
1872.
( 569,236
(212 m.)
156,292
Mil.
426,223
474,188
St. L. & Iron Mt.
114,423
119,019
99.524
542,008
690,017
675,840
679,333
603,955
6,988,479
1372.
373,217
974,460
1,132,920
1 356,378
1,313,790
1,211,765
1,258,500
1,392.125
1,423,875
1,296,812
(1109 m.) (1109 m.)
..Jan....
$63^,429 $580,499
..Feb....
531,627
562,949
1,392,615
Michigan Cent.
1872
1873.
$371,708
332,902
$352,538
694,015
1872.
4,462,625
1872.
$852,860
571,836
675,762
949,598
1,380,922
1,138,272
11,272,510
..Year..
406,922
311,935
358,743
604.830
(600 m.)
Illinois Cent’!.
(971m.)
$1,316,831
1,329,422
1.515,382
1,541,958
1,754,821
1,717.593
1,685,384
1,774,570
1,913,247
1,882,421
1,560,023
373,619
341,104
326,268
401,251
417,327
439,581
389,829
59,501
142,407
..
1873.
1873.
(132 m.) (391 m.)
$47,515 $320,022
49,107
340,791
49,773
372,974
39,132
381,112
52.104
-
..Aug....
..Sept....
»
1872.
1872.
(1,314 m.)
$774,856
714,122
846,394
(1,222 m.)
12,900,121
..July...
..
1872.
1873.
(649 m.)
1,007,125
..June..
..Year
Erie
Clev. Col. Cin. Sc I
1873.
.
..may...
..Dec—
1872.
$592,223
..April..
..Oct..
..Nov....
Chic.& N. western.
Chicago & Alton.
1873.
(1,050 m.)
..Jan
..Feb....
..mar....
995,959
Chic., Danv. & Viu
(132 m.)
$41,553
43,952
1872.
84,622
5,257,983
1872.
r-Central Pacific—*
(261 m.)
$80,594
69,844
423,396
632.538
547,928
471,774
1872.
(328 m.)
(328 m.)
423,524
423.514
465.995
Bur.,C. R.
1873.
& Minn1873.
1873.
1872.
(248 m.)
(.337 m.)
$166,078 $144,209 $108,188
140,552
169,454
100,439
165,392
177,515
105,456
154,641
170,218 102,191
170,218
147,540
117,904
1873.
(248 m.)
$79,591
1872.
(628 m.)
$439,780
431,948
460,646
447,313
510,792
149,832
130,145
165,260
151,532
94.522
90.070
114,601
108,038
181,863
127,852
614,175
178,302
167,828
131,924
114.488
128,161
..Nov....
177,085
210,638
178,168
130,292
115,140
103,110
112,593
81,194
565,811
621,351
102,613
..June..
..
..Oct
205,698
241,985
..Dec....
2,251,242
2,856,920
.Year...
•
•
•
*
1,270,216
....
.
..
'
835,459
969.863
743,383
789,568
876,838
837.278
863,755 1,068,937
980,706 1,170,586
489^341
915 727
757,850
6,008,9-7
1873.
890.442 1.007,831
470,598
541,192
483,399
642,209
593,504
538.251
532,894
90,856
•
432,056
1872.
$370,290 $273,936 $374,925
405,110
491,783
534,115
471,301
565^861 708.259
446,527
741^802 881,266
462,868
167,496
1873.
(628 m.) (1038 m.) (1.038m.)
8
892,605
January 3, 1874
17
THE CHRONICLE.
1
<&l)e Commercial Cimes.
Exports of Leading Articles from New York.
The foilowingtable,compiledfrom Custom House
the exports of leading articles from the port of New
returns,shows
York since
January 1,1873, to all the principal foreign countries, and also tne
January 1. The last two lines
value of all other articles besides
totals for the last week, and since
COMMERCIAL EPITOME.
show total values, including the
those mentioned in the table.
®oaot*os®>oMtooi.'Oio-io<iO'-®a
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Friday Night,
Jan. 2,1874.
Us
52
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Trade
has of
course
partaken of
a
•s
holiday character during the
fair degree of activity and some
firmness in prices.
The disposition is quite general to look for a
speculation in leading staples and higher quotations, following
the disbursements of large amounts for interest and dividends at
the beginning of the new year, and it is yet too early to say
whether these anticipations will be realized.
Freights have been rather dull and rates drooping. An advance
in most of our great staples early in the week embarrassed ship¬
pers, and as compared with last Friday, the business of to day
showed some decline in rates. A few vessels have been taken
past week, and yet has shown a
a
c
*
Sg
$
embrace
A London steamer took wheat
to-day at 12d., and
Glasgow steamer at 12£d.
hog products,
the result in part of speculation, but the strike of the engineers
on Western railways has also contributed to it, by preventing the
arrival of supplies that were required to fill contracts for Decem¬
ber, and compelling the sellers to enter the open market as buy
provisions we notice some further advance in
duced.
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ork there
were sales of 5,000 bbls. at $16 20@16 25 for February, $16 40@
16 50 for March, and $10 62£ for April. Lard was strong, but
quiet, with sales of prime Western steam on the spot at 8$@9c.,
and for March at 9f@9-Jc. Bacon was a turn easier; long clear
on the spot 7|@8c., with sales 2,000 boxes long and short clear
for January at 8c. Cheese was quoted 14^@15c. for good to
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choice factories, with a
There has been a fair
5
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full stock for the season.
demand for tobacco, but mainly for the
the sales of Kentucky leaf for
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tobacco has been less active,
but we
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250 do. Ohio, 61c.; 150 do.
private terms. Spanish
notice sales 200 bales Havana
f—>
3
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the week aggre¬
7l@81c., and 178 cases Ohio on
co
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of which 450 for consumption and 150 for
export; prices were quoted a fraction higher, with lugs at 6£@
7£c., and leaf 8^@12£c. Seed leaf in moderate request and steady ;
sales have been: Crop of 1870, 150 cases sundries, 7@8£c.; crop
of 1871,50 cases do., 9@45c.; crop of 1872,100 cases Connecticut
at former prices;
c<ccrO
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gate about 600 hlids.,
and Massachusetts
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with the stock materially re¬
Butter and cheese have been less active. To-day the
market for
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Beef has ruled very firm,
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Liverpool has not been plenty, and late engagements
wheat at 12d@12£d., cotton fd@7-16d, cheese at 60s., and
bacon at 50s.
In
r^©c«*-,*o©',s'o350^o*oo(
grain to Cork for orders, at 8s. 3d., and
steam to
a
c*
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petroleum charters
have been dull, though the business has included cases to Palmero
at 32$c., and bbls. to Gibraltar for orders at 7s. 3d.
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with
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70@95c., and 70 do. Yara on private terms.
m >o
petroleum has been quiet, closing at 131c.; crude do.
some extent in the early part of the week, but closed
Refined
sold to
Strained rosin has been dull,
but closed with a better business at $2 45@2 50. Spirits turpen¬
tine has been very quiet, and quoted nominally at 41@42c.
Hops
are firmer, with more inquiry, and a fair business; good to prime
State quoted at 3G@40c. Wool was more active, and firm—X and
XX Ohio fleece selling at 55@56c., California fall clip at 29c.
dull and
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American quoted at $35@37, No. 2 $33
@34, and Grayforge at $30. New layer raisins have been active
and close firmer at $2 45; new currants 61c.; new Turkish
prunes 13c. In hides there has been a fair business. Leather
has continued in good demand. Cloverseed has sold to some
extent at 9£c. per lb.
Tallow has been firm and in demand at
7fc. for prime. Whiskey has been in large supply, and drooping,
forge, closes quiet; No. 1
closing at 96@96|c.
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steady at 5fc. in bulk.
Ingot copper dull at 25c. cash for lake. Pig iron, after the late
sales of 3,000 tons No. 1 and 2 American and 5,000 tons Gray-
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Import* or
--
Leading Articles,
mm
r
the foreign imports of leading
Jan. 1,1873, and for the same period
snows
Since
Jan. 1
1873.
Since
Jan. 1.
1873.
Same
time
1871.
Same
time
1872,
Bar the aware—
19,514
China
Earthenware.... 50 213
505,989
Glass
41,8:6
Glassware
11.487
Glass plate
5,3 ?J
Buttons
169 23 •
Coal, tons
Bar*,
31,075
Hardware
3,668
22.231
7,809
1.529
12,27!
6,004
3.917
Cream Tartar...
Gambler
Gum, Arabic....
Indigo
O.ls, essential...
Oil.Olive
Opium
■Soda bl-carb....
Soda sal
Soda, ash
Flax
2,4 >6
47,118
5,9 a
6,465
5.321
910
46,301
40,938
1.139
88.563
7 '.2.79
Hair
Hemp, bales
Hides, &c.—
8.29!
6.479
5.337
1,7.*3
47.6H Fruits &c.—
Lemon 8
12,161
6.631
Oranges
Nuts
1C.70J
1,898
19,867
11.ot
54.596
7.014
Raisins
4,055
4.712
1,893
702,001
123,193
3,755
1,140
Watches
C33.329
Linseed
Molasses
Receipts of Domestic
Ashes...pkgs.
Breadstuff*—
Flour..hbls
Wuean..bu*
Corn
Oats
Produce
130,93!
for
Barley, &c.
32.43)
2,411.206
753
Peas,bush.
2.410
2/h>j
81,843
54,i8 1
175.(75
227.823
Grass sd.bg
Beaus, bbls
C. meal.bbis
Cotton.. bales.
5,601
30.72 t
939,201
O
6 283
13 2 U
327
535,064
16,552
54.004
2,759,013
4,8)0
53,764
10.95!
70,157
Rosin
22*
113
8.175
Tar
1,157
Hemp. .bales.
No.
Hides
Hops...bales.
Leather, sides
Molasses, hda,
bbls
Naval StoresCr.turp bbls
SDlrlts turp.
352 916
2oo,3«
296.400
56,758
355,41X1
496,822
131,950
the Week and
93.317
since
Same
Since
Jan. 1. time’72
1,705
2.109
190.760
1,687
1.827
149,870
1,17$
83,659
86,444
Pitch
Oilcake, pkgs....
Oil, lard
Peanuts, bags
5 3-2
951 922
680,488
23.302
17,230 2,012,289 1,714.210
563,702 831,287
18,507
5,1i'3.981
470,137 444,380
3,292
Eggs
111,354
131),163 144,671
16,457
Pork
43.018!
55.815
666
39,70t>
Beef, pkgs
196.379,
4U9.263 354,747
14,0«9
Lard, pkgs
25\3i;>!
29 277
27,321
299
Lard, kegs
776.979J
13,762
17,471
1,824
5.5 *3' Rice, pkgs
3; (1,714
3!7,5ib
7,” 6d
656 416 Starch
25,300
474
22,139
22,810, Siearlne
753
1.118
3,250,022! Sugar, bbls
681
5,250
171 Sugar, hhds
42,985
59,13c
1,972
49,512 Tallow, pkgs
175,431 228.7S6
2,781
Tobacco, pkgB....
113.097 167.972
1,216
9.636 Tobacco, hhda....
2C1.2S6 136.012
5,133
76,026 Whiskey, bbls....
77,318
754
89,260
53 >.nti3 Wool, bales
37.561
39,382 Dressed hog«. nto. 11,23(1 110.204
Cheese
Cutmeats
43 (.618:
995.447
51,127
This
week.
6.769J
3.400
377,9S6
87.947
363.013
97.193 3.516.56S 3,021.721
751,150 3J.807.27U 16,226,511
76,960 24,576.315 40,769.791! Provisions—
Butter, pkgs....
128 875 11,215.120 12,186.198
Rye
436.650
87.183
-
533,339
S9.714
17,860
1783,725
Tot»l last year
771.0)0
672,839
132,126
518,917
272,272
165,945
15,953
Total this year
January 1.
6,951
114
881,174
58,028
6,847
23,470
221,780
Virginia
Other ports..
12022,5''3 12093153
447.939
5,074 Woods—
Cork
1.533
Fustic
920.543
150.613
Mahogany
Same
time ’72.
81nce
Jan. 1.
This
week.
427,142
331.149
Saltpetre
Jewelry. <fcc.—
Jewelry
427,646
202,581
867,973
158,478
86,(59
6,519
3°,864
88S.774
151.030
....
....
1629,516
....
received to-niglitfrom the Southern ports,
we are in possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, Jan. 2.
It
appears that the total receipts for the seven days have reached
176,215 bales against 214,726 bales last week, 195,925 bales the pre¬
vious week and 172,910 Pales three weeks since, making the total
receipts since the first of September, 1873, 1,909,940 balesagainst
1,734,219 bales for the same period of 1872, showing an in¬
crease since September 1, 1873, of 175,721 bales.
The details of
the receipts for this week (as per telegraph) and for the correspondiner weeks of the five previous years are as follows:
1872.
1871.
24. <96
17.025
49,261
45.847
12.381
15,8*0
13,533
21.839
11,534
3,417
8,3)0
15.095
6.231
6.3)8
10,435
27,319
654
569
413
1.522
18,633
1,621
8,164
Total this week...,
176.215
101,703
Total since Sept.l.
1.907,943
1.734.219
l$ew
72.657
bales.
Orleans
14.892
16,553
27.879
17,351
5,514
Mobile
Charleston.....
Savannah
Texas
Tennessee, &c...
Florida
North Carolina
Virginia
11,603
11,047
1870.
1869.
41,632
11,911
31.696
10.201
9 449
9,642
21.261
21.10!
7 819
3,112
5.:('4
8,092
671
421
1,105
100
8.731
1,536
11.417
12,899
6,793
1,45!
4,912
110,628
139,631
114,090
86,906
1,456.412 1,765.026 1,340,483
1.C44.751
this evening reach a total of
98,517 bales, of which 57,421 were to Great Britain, 20.215 to
France, and 20,881 to rest of the Continent, while the stocks as
made up this evening, are now 760,391 bales. Below are the
exports and stocks for the week, and also for the corresponding
The exports
for the week ending
wsek of last season :
Week ending G. Brit.
Jan. 2.
'
NewOrleans.
Mobile
Charleston...
Savannah
New York..
Other ports *
Total
glnee Went.
82.4 36
7H7
3 033
10,932
France
6,193
55)1
6.660
*>90
1.6>5
57,121
629.5 H)
1,219
....
20,215
140,442
11,325
2,163
...
20,831
131,63.)
1873.
261,116
159,115
7,383
2.835
21.819
2,911
63.770
41,100
29,91 >2
114.523
82,757
1,143
103,7(15
89.138
60,000
6J.8$6
71,003
766,391
484,972
9.653
1,635
904.542
1
exports this week under head of “other
ci
bales to Liverpool, from Philadelphia 1,173
674 bales to Liverpool,
•The
co 46
1874.
25,223
9^,517
400
IS, 444
35,482
212,4:4
.
• •
%t,.
4,095
71,23)
•
#.tf
•
...
.
t
65
■
.
.
.
8,131
90,319
74,753
6,347
19,926
218,601
4,095
1,400
28,657
-
#t.
1,400
20,661
119 939
,,,,
....
4,986
20.929
80,000
....
572,079
120,197
113,749
806,025
617,128
125,616
183,785
831,479
685,334
706,911
633,772
1
484,659
Mobile.
New
Orleans.
13%®...
!4%®....
13V®....
14 V®....
13%®....
14*®....
IS*®..
15 5-16
15*®..
16%®..
17%®..
62,312
40,000
9(2.432
ports ” include from ban Fran*
bales to Liverpool, from Boston
@....
’3%®....
15*;®....
16%®....
17V®.-.
15 V®....
16%®....
17%®,...
and price of
PRICKS.
Good
Con- Spec- Tran¬
sit.
sump. ula’n
Cot
Wednesday
869
472
715
967
916
551
3
Thursday
Friday
172
724
9
3,479
4,130
1,774
1,966
Tuesday
Ex
4,656
2,135
1,442
New
Total
on
t
1,479
....
Year
905
9,138
Low
Mid
Ord’ry. Ord’ry. MIdl’g. dllng
Total.
1
Saturday
Monday
14*®..
15*®....
16%@....
17%®....
SALES.
Exp’t.
Texas
15 5-16
Below we give the sales of spot and transit cotton
Uplands at this market each day of the past week :
change closed.
13%
14*
14%
13*
14%
■■&>« day.
15%
15%
15%
16%
16%
16%
13%
14%
15%
16%
....
....
....
•
••.
free on board,
For forward delivery the sales (including —
have reached during the week 79,600 bales (all low middling or
is a statement oi
on the basis of low middling), and the following
sales and prices :
the
*
—
For December.
bales.
2,900
500
Cts.
bales.
100....
500....
.15 ll-'.H
100.... ....15 25-32
...
For
3,500
1,800
2,200
ets.
1,30)
16%
400
16 13-32
16 7-16
16 15 32
600
February.
15*
15 25-32
15 13-16
2.000
700
400
200
800
16%
16 17-32
16 9-16
16 19-32
bales.
200
1,000
400
100
cts.
17 3-16
17%
17 9-32
17 5-ltt
t,900 total April.
For May.
700
100
100
103...
16%
■
17*
17 5-32
17V
17 5-'6
1» 27-32
100
15%
200
16 11-16
16 23-32
2,200
17V
2,500
16 25-82
15%
15*$
1512-32
n....15 7-16
15 7-16
1.800
8.900
15 13-18
400
600
16*
15 11 32
15S1-S2
16
1,700
16 13-16
17 18-32
171 16
17 6-18
4,1(<0
16 1-32
400
100
600
900
650
100
..15 15-32
JHL
15 5-16
1,100
s. n
s.
1,400
100 no notice.
15%
15%
2d
.
700
800
2,200
700
2.000
*Dos.n....I5 17 32
2,800
1,<00
15 9-16
500
1,700
15 29-32
16 1-16
.16%
165 32
16 3-16
B.
17
n.,.15
15
16
15%
21-82
11-16
1 !-!6
23-32
15*
16%
15,400 total March.
For
1,100
April.
16 21-32
200
700:
1613-16
1,000
1.MW
16 27-82
...:6%
16 5-16
16 5-16
1611-84
800
100
1,000
100./.
1,000
16*
16 15-16
16 31-32
17
17V
17*
17 13 16
5,350 total May
16 11-16
16 23-32
£00
900
For March,
900
16%
900..
16 9-82
500
16 27-32
16%
16 9—2
30,000 total Feb.
2,100
600
800
16 7-32
15 19-32
S00
600
600
bales.
300
900
100
For January.
S00
15%
200
800
900
400
15 13-16
16,400 total Jan.
1,000 total Dec.
300
100
700
ets.
15 25-32
700
£00.... ....15 73-16
500
48,670
4,278
29,417
1,8 0
11,890
830
5,038
194,002
62,883
97,124
146.323
28,991
60,438
116,823
15,972
11,7(6
15
Middling.
Good Middling
300
767
9,936
1,601)
8.503
Contln’t
Total this 8ame w’k
1873.
week.
..per a>.
.
Good Ordinary
Strict Good Ordinary
Low Middling
400.
Stock.
Exported to—
5,271
28.687
59,245
103,480
Si, 202
.
91 IT?
Upland and
Ordinary
By special telegrams
1873.
891
*
Stock.
49,670. 237,066
275,309
56,425
500
Florida.
Friday, P. M.*, Jan. 2,1874.
1874.
8S.0S6
IQ OJrt
Total.
The market the past week opened buoyant.
On Saturday,
although the Exchange was closed, prices showed an improve¬
ment, and on Monday, on the opening of the Cotton Exchange, an
advance of &3£c. was established, to which -Jc. was added later
in the day, bringing low middling Uplands up to 15£c. against
15fc. on last Friday. At this point, notwithstanding the large
falling off in the receipts, there was a change in the whole tone
of the market, probably from private intimations received from
Liverpool of the facts which were made public on Wednesday
with regard to the stock there : the tone was dull and quotations
were reduced £c.
Wednesday the news came by cable that the
count of stock at Liverpool showed an excess of 120,000 bales
over the running estimate, the market thereupon became further
depressed, and at the opening quotations were reduced £c., but
this was modified later in the day by a revision in which ordinary
and good ordinary were reduced ^c., strict good ordinary l-16c.,
and low middling -^c., with the business small.
To-day the
same dullness continued without however any change in the
quotations, holders being firm at prices above the limits of buy¬
ers, who had orders to a fair extent at some reduction in the
For future delivery the tone and course of prices have
rates.
been very similar to those for spot cotton, and for the same
reason.
In fact, the increase of stock at Liverpool has for the
moment outweighed all other considerations. Monday the market
was very buoyant, and in the morning nearly the highest prices
of December were paid.
But weakness was early developed, and
in the course of Tuesday and Wednesday a material decline of
say £@fc. took place. To-day there was something of a recovery,
bat business was on a considerably reduced scale ; in fact, it
have - been difficult to either buy or sell freely
would
at the prices.
The total sales of this description for the
four days are 79,600 hales, including
free on board.
For immediate delivery the total sales foot up this week 9,138
bales, including 3,479 for export, 4,180 for consumption, 1,479 for
speculation, and
in transit. Of the above 435 bales were to
arrive.
The following are the closing quotations :
COTTON.
-Received this week at—
135,793
n.q kdu
230,606
Charleston....
Savannah
Texas
New York
Florida
No. Carolina
Britain. France. For’gn.
459,888
117 7Q7
772 502
7'.7.104
F88.S91
1267.626 1.394,411 1.228.217
1(54,138 963.708 1,193.431
16 6.182 t.761,318 1.269.80!
119,212 Hides undressed 11521,9:7
733,969
Rice
2,160 Spices. &c.—
260.151
19 217
Cassia
107.687
42,339
Ginger
213,405
5,327
Pepper
52.309
2,337
l)o.,
550,744
1872.
491,940
.
Coast¬
wise
Porto.
Other
Great
New Orleans
SEPT. 1 TO—
EXPORTED SINGS
1
1873.
2103,122 2,002,074 1,861.762
111.832
89,'40
181,610
1481,195 1,806.417 1,643,459
428,497 425,337 352,815
58,419 Fish
8.333
171,93*
Ivory
580,188.1.058,155 l,2ie,828
286,612 378,250 545,‘<74
5138.325 9,37:5,561 ,711.062
213,465 230,666 234,921
981,721 1,060,550
10J2.S25
5924.596 6.694.300 1,390.280
149,266 118,299
127,016
& bbls
105,341! Fancy goods
12.583
7,106
16,313
Bristles
Hides, dressed..
India rubber
Tin, boxes....
Tin slabs, lbs.
1.423 Corks
53.541
4.430
131.859
Gunny cloth
Steel
39,5l7|Cigars
1.731
78,076
67.709
53,871
Furs
iron, KR bars.
Lead, pigs
Spelter, lbs....
tTNCK AIPT
PORTS.
7,423
5,877
Sugar, boxes &
33.123 bags.. ...... 1078,635 1,316,984 1.047,4C6
940.433 1,170,610 959,169
28.534 Tea
60.212
83,876
63,823
44,258Tobacco
4,815
5,363
4,183
11,157 Waste
2.631 Wines, &c.—
175,199 131,128 166,335
20.034 Champag’e.bks
168.108
205,119 134.731
Wines
5,318
10),9 74
83,443
51.859
6.537 Wool, bales
2,G!liArtlcles reported by value—
640
6 078
712
713
Madder
6.025
5.337
33,836
31,322
25,733
31,067
Cochineal
3.706
1.S57.676 l,l54,3i6.Sugar, hbds., tes
Peruvian. 40,387
Brimstone, tons
.
117.872
11,832
powders...
Blea
5.888
11477IG
Cotton,bales
Drugs,&c.—
7,936
62,787
558,113
47.389
12,204
6.349
150.121
21.517
669.908
47,273
11,133
Same
time
1871.
increase in
to-night are
281,419 bales more than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Dec. 26, the latest mail dates.
with the corresponding week of last season, there is an
the exports this week of 27,514 bales, while the stocks
RECEIPTS
6,703
13.947
21.576
58.602
27,634
Coffee, bags
1872.
Metals,&c.—
Cutlery
thlna, Glass and
Cocoa.bags
Same
time
it will be seen that, compared
the foregoing statement
rom
compiled from Custom House returns
articles at this port since
of 1872 and 1871:
following taole,
The
[January 8,1874.
THE CHRONICLE
18
5
For June.
400
..17V
300
17 11-16
100
17 13-16
100
17 27-32
100
.17V
100
17 15-16
300
IS
150.
18V
17 M6
17%
1,550 total Jane.
19
THE CHRONICLE.
Jattuaty. 3, L874.J
J-Vi-
Bagging, Etc.—Trade in gunny
Gunny Bags,
cloth has been
following exchanges have been made during the week:
fairly active since our last, and there are indications that this
*c. pd. to exch. 100 April, for May.
activity will continue. We quote domestic rolls 12c. both here
> c.
•*
ICO Deo. for Feb.
and in Boston., India bales are steady at 9@9|c., and Borneo at
"
*c.
1,000 Feb. for March.
12|c. The stock of bales now on hand (here and in Boston) is
The following will show the closing prices each day on the
about 25,500, being a trifle less than on January 1,1873 ; the stock
basis of low middling uplands, for the several deliveries named:
at that time was estimated at 26,500 bales.
Gunny bags rule
The
Sat.
Fri.
December.
.January...
February..
15 13-16
15 25-32
*
•
•
17*
April
n*
o
H
May
June
18*
22,7'J0
4.655
o
a
Sales, future
Sales, spot..
l
15*
15*
21,6'J0
„
15 9-16
16 1-32
£
16*
16 6-16
17
17 13-82
u*
16 21-32
13
2.135
Frl.
15*
«...
17*
16*
16 13-16
Thurs.
15*
15*
15*
15*
16 1-82
16 17-32
16 15-16
>»
"C
March
Wed.
Taea.
Mon.
I
*
On spot....
.
17*
17*
21,400
1.412
a
14,(00
•
quiet; the last Sale was at 12c., but there are few lots now
obtainable under 13c. cash; stock here and in Bq^on at the
present time, 6,360 bales, against a stock of 7,300 baleslast year.
J ute butts are held firmly1 at the recent advance ; sales on the last
day of the year of 5,000 bales at 2£c., currency, cash. The follow¬
ing tables, compiled by Messrs. Willett & Hamlen, brokers, are otS
interest:
905
7
1873.
Telegraph.—For the most part in
Weather Reports by
the weather has been cold aud dry the past
week, but elsewhere in the cotton belt it has been rainy. At Gal¬
veston it has rained on more than half the days of the week,
light showers, however, so that the rainfall has only been thirtysix one hundredths of an inch. It has rained on one day at Vicks
burg, the rainfall being onej one hundredth of an inch, but the
whole week has been cold, cloudy and damp. At Nashville it
has rained on three days.
At Memphis it has rained on one day
and is now raining, and has been cloudy all the week ; about all
the crop has been secured; it is being marketed freely, and our
correspondent thinks that about one half the crop of that vicinity
has been marketed.
They have had no rain at New Orleans
during the past week. At Mobile it has been cold and dry all
the week, and the same report comes from Montgomery. There
has been a light rain one day at Selma. At Macon, Columbus,
Augusta and Savannah our correspondents report no rain, and in
most cases that it has been cold ; at Augusta it has turned warm
and pleasant to-day.
It rained at Charleston the early part of the
the Atlantic States
since then it has been clear and pleasant, but cold.
Thermometer at Galveston has averaged 54, Vicksburg 40, Mobile
43, Montgomery 44, Selma 48, Macon 37, Columbus 44, Savaunah 42.
week;
Stocks—English Consumption.—It is certainly
great surprise to cotton circles here that the Liverpool
Board of Brokers should permit themselves/their customers and
their friends to be the victims of unnecessary ignorance. One
would think there must be advantages in that style of business
or it would not be pursued, for no shrewder men than our Liver¬
pool friends exist. It is, for instance, with the utmost eagerness
that they seek to know the production of cotton in this country
Liverpool
a
very
supply, and some¬
times they even think it very strange (forgetting the extent of
our cotton area) that we cannot tell them early in the Fall what
the crop is to be ; and yet notwithstanding all this they allow six
months to pass before they take count of stock, living in the
meantime in utter ignorance of their own immediate supply. It
is hardly necessary to say that these remarks are suggested by the
usual return of stock at Liverpool at the close of the year received
by cable on Wednesday, according to which it appeared that the
actual supply at Liverpool was 593,000 bales instead of 473,000
bales as was supposed, and upon which supposition all transactions
have hitherto been based.
Thus in one day is brought to sight
120,000 bales, and consequently all the cotton markets of the
world take a tumble. It cannot be said that every one antici¬
pated this large increase ; the course of Liverpool prices negatives
such an idea. Besides, there was no real reason why it should be
anticipated, for this semi-annual count brings to light sometimes
increase and sometimes just as large a decrease.
As an in¬
stance of the latter, we would remind our readers of June 80,
1871, when the Liverpool estimated stock was 849,000 bales, and
the actual count reduced this 180,000 bales to 713,000 bales.
Is
this trading on a fiction necessary ? Cotton dealers here have not
found it so, and it does seem as if the Liverpool Board of Cotton
Brokers owed it to themselves, if not to their friends, to prevent
recurrence of such errors by adopting the simple rule of count¬
and elsewhere, so as to
a
ing stock at least once a month.
The discovery of this largely
•
increased stock at Liverpool bears
besides supply, and that is upon the question
course until we receive the complete figures
by mail, it would be unwise to attempt to draw any conclusions on
this subject. It is well for our readers to remember, however, that
if the stock is so much larger than estimated, the weekly consump¬
tion during 1873 must have been smaller than estimated, unless
spinners’ stocks are also put below the current estimates. This
is very important in its bearing upon the consumption for
upon another point
of consumption.
Of
1874, and we shall return
are received by mail.
.
to it as soon as
all the annual figures
Shipments.—According to our cable dispatch received
to-day, there has been 4,000 bales shipped from Bombay to Great
Britain the past week and 4,000 bales to the continent, while the
receipts at Bombay, during the same time have been 8,000
bales. The movement since the first of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
Bombay
brought down to
Thursday, Jan. 1:
-Shipments this week toGreat
1873....
1372....
1871....
tinent.
Great
Con¬
Britain
4,000
•
•
•
•
10,000
From the
4,000
1,000
1,000
Total.
Con-
Britain.
tlnent.
Week’s
Total,
receipts.
738,000 224,000 962,000 8,000
664,000 259,000 923,000 9,000
11,000 791,000 342,000 1,133,000 14,000
8,000
1,000
foregoing it would appear
that compared with last
the week’s
jhipments from Bombay to Europe, and that the total movenent since Jan. 1 shows an increase in shipment of 39,000 bales
mnpared with the corresponding period of 1872.
rear
.
...
Total
Balance of November
Sold in December
there is an increase
of 7,000 bales this year in
16,656
26,266
148,170
29,857
178,027
100,464
80,858
18,286
in December
for the year
68,568
17,297
189.797
211,994
64,500
Stock January 1
Imported
104.948
..... 82,404
18,000
Supply to June 1
Consumption to June 1
“
64.500
44,448
12,403
,.i
»toMayl
jments
“
16,000
59,250
10,751
“
Total
Sold to November 21
25.500
228.797
206,850
-
89,000
85,0(30
Sales in December
Visible Supply op Cotton as Made up by Cable and
graph.—Below we give our table of visible supply, as
by cable and telegraph to
Tele¬
made up
stocks are the
the
totals the
add the, item of
night. The continental
figures of last Saturday, but the totals for Great Britain aud
afloat for the Continent are thia week’s returns, and consequently
brought down to Thursday evening; hence to make the
complete figures for to night (Jan.
Friday only.
2), we
1872.
1874.
1873.
593.000
421.000
185,000
226,000
569,000
167,809
778,000
647,000
736,809
Stock at Havre
88,500
227,000
Stock at Marseilles
8,750
17,000
17,250
13,000
140,000
17,000
37,000
Liverpool
Stock at
....
Stock at London
....
•
Total Great Britain stock
....
Stock at Barcelona
Stock at
Hamburg
..’
,
Stock at Bremen
Stock at Amsterdam
80,000
28,000
34,000
66,000
11,000
23.500
75,000
22,000
9,250
25,000
Stock at Rotterdam
StockaF Antwerp
Stock at other continental ports
Total continental stocks
•Total European
stocks
1,060,809
79,000
263,000
403,000
295,00°
143.000
417.000
91,000
766,391
138,217
16,000
484,972
91,531
18,000
90,000
500,180
92,933
11,000
2,610.858
2,294,556
2,312,922
...
...
Stock in United States
interior ports..
United States exports
this week
Total visible
Of the
supply
above, the totals ot
...
...
American and other
95,000
descriptions are as follows :
American—
18,000
157,600
90,000
295,000
500,180
92,933
11,000
ba.es. 1,568,608
1,151,558
1,156,113
444,000
185,000
206,250
148,000
91,000
358.000
402,000
167,809
American afloat to Europe
United States stock
63,000
91,000
149,000
80,000
417,000
766,391
Liverpool stock...
Continental stocks
United States interior
this week.
Total American
East Indian, Brazil, dec.—
Liverpool stock
226,000
385,000
79,000
95,000
834,000
263,00 0
1,074,250
1,566,608
1,113,000
1,151,566
1,156,809
1,156,113
bales. 2,640,858
2,294,556
London stock
Continental stocks
ndia afloat for Europe.
Egypt, Brazil, &c., afloat
Total East India, &c
Total American
Price
403,000
484,972
91,584
133,217
16,000
stocks
United States expoi ts
324,00
1,123.000
Egypt, Brazils, &c., afloat for Europe.
Stock in United States ports
7,000
13,000
44,000
476,000
...
...
37,000
32,000
1,064,250
...
American cotton afloat for Europe.
30,000
21,000
13,000
286,250
....
India cotton afloat for Europe
Total visible
-Shlpments since Jan. 1 to-
4,500
December 31
determine the current
an
54,750
70,001
Stock of Jute Butts in New York
**
“
Boston
1872.
48.500
supply
Middling Uplands, Liverpool
..
*
8@8*d.
10*d.
90,000
2,312,922
10*@10*d.
These figures indicate an increase in the cotton in sight to
night of 346,302 bales as compared with the same date
and an increase of 327,936 bales as compared with the correspond¬
ing date of 1871.
of 1872
Movements op Cotton at TnE
Interior
Ports.—Below we
and
correspond-
give the movements of cotton at the interior ports—receipts
shipments for the week, and stock to-night and for the
*ng
week of 1872 r
Receipts.
Augusta
7,496
2,109
2,061
••••••
Columbus
Macon
Montgomery...
Selma
Memphis*
704
2,061
15,290
7,012
1,603
1,691
38,650 138,217
33,618
25,039
30,523
To Barcelona, per
at Memphis taken this afternoon showed the
66,098 bales, which was 10,479 bales more than the running count.
Upland....
To Bremen,‘.per steamer Berlin, 971
Boston—To Liverpool, per steamer Atlas,
in our usual form
follows:
Bre- Ham- Rot- Ant- BarceHavre, men. burg. dam. werp. Iona. Genoa.
8,503
....
1,219
750
311
95 .... 1,012
23,908 13,440 3,913 3,900 1,222 .... 4,548 1,200
500 ....
450 ....
1,600
2,925
451 ....
‘Liver-
pool.
week last year.
this week from New York show a
decrease as compared with last week, the total reaching 11,890
bales, against 13,165 bales last week. Below we give our usual
table showing the exports of cotton from New York, and their
direction for each of the last four weeks ; also the total exports
and direction since Sept. 1, 1873; and in the last column the
otal for the same period of previous year.
of cotton
Exports of Cotton (bale*) from
92,894
particulars of those shipments, arranged
The
are as
1,173
;;
Total
stock to be
the interior stocks have increased dur¬
5,447 bales, and are to-night 40,632 bales more than
peiioJ last year. The receipts have been 8,579 bales
The exports
845
971
304
1,173
46
252 and 52 Sea Island.....
Philadei^hia—To Liverpool, per steamer Pennsylvania,
San Francisco—To Liverpool, per ship Staffordshire, 46
The above totals show that
than the same
11,070
L. S. Davis, 1195 Upland..
1,195
Erna, 1,734
Unicorn, 1,760
3,494
Wilmington—To Liverpool, per barks Nelly, 983
Robert Anderson,
1,083
100
Baltimore—To Liverpool, per steamer Canadian, 2,669, and 97 bags.... 2,766
ing the week
more
Rosalia, 380
91,585
Count of stock
at the same
brigs Portollas, 465 Upland.... Joven
To Genoa; per schooner,
Texas—To Liverpool, per barks
5,436
3,272
3,932
Nashville
CaKimball, 4,002 Upland
Mayall, 2,240 Upland....per
Savannah—To LiverpooLjper ships J. H.
lista Hawes, 3,529 upland....John
bark Enrique, 1,299 Upland
2,1874—*
<—Week ending Jan. 3, 73—,
Shipments. Stock. Receipts. Shipments. Stock*
13,502
6,529
7,232
6,305 23,138
12,176
2,713
2,895
2,620 14,555
13,307
1,665
1,946
1,724 13,012
11,706
1,644
754
1,410
7,562
4,523
1,861
1,117
3.076
6,840
8,836 14,420 30,934
20,899 66,098
Week ending Jan.
*
[January 3, 1874,
THE CHRONICLE.
20
New York
New Orleans
Mobile
Charleston
Savannah
Texas
....
845 1,195
11,070
3,494
....
1,083
Wilmington
Baltimore
Boston
2.766
304
Philadelphia
1,173
San Francisco....
Below
we
/
46
7,234
4,21l"
95 6,344 3,407
1.672
give all news received, during
950
4,976
13,110
3,494
1,083
3,737
304
1,173
r
...
14,659
45,272
Total
New York since Sept.l, 1813
,
971
...
Total.
11,890
52,131
46
92,894
the week, of disasters
carrying cotton from any port of the United States :
Galveston (steamer), from New Orleans for New York, ran Into a
to vessels
-
WEEK 1INDING
EXPORTED TO
Dec.
10.
•
7,561
Liverpool
Other British Ports
Dec.
17.
Dec.
24.
Dec.
31.
12,313
10,246
8,503
7,561
Total to Gt. Britain
178
5,424
1,928
2,457
Total to N. Europe.
1,485
750
10,543
2,793
17,028
4,498
311
95
....
....
....
....
21,526
l'oia
1,983
2,C07
1,012
1,983
2,607
9.046
11,890
224,374
211,336
....
13.165
15,248
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1/73:
XBOE’Tfl FROM-
Since
This
week.
New Orleans..
Texas
Savannah
Sept 1.
1,629
1,613
5,334
PHILADELP’IA
BOSTON.
NEW YORK.
38,057
21,432
93,023
This
week.
Since
Septl.
This
week.
This
week.
Since
with¬
house and
Since
Sept.l.
•
....
•
•
"Liverpool, January 2—5
....
252
5,678
....
7,607
P. M.—By Cable from Liver¬
today.
bales were
sales 5,000 bales were
•
332,000
206.000
Dec. 31.
39,000
3,000
1,000
473,000
87,000
43,000
24,000
12,000
368,000
240,000
closing prices of cotton for the week
Wed.
Thurs.
Fri.
Uplands. S^©.... 8^©.... 8>£@.... 8 @ 8X nolidav
8 @ 8^
Orleans.. 8X<2* 8^ 8#® 8ft 8^@ 8%
*louaay- 8>£©....
The
Mid.
Mid.
355,000
225,000
318,000
180,000
Amount afloat
of which American
following table will show the dally
Mon.
Sat.
.
183
16,184
provisions.
pool—The
market
opened quiet and closed dull
Sales of the day were 10,000 bales, of which 2,000
for export and speculation. Of to-day’s
American. The weekly movement is given as follows :
Dec. 12.
Dec. 19.
Dec. 23.
42,000
Sales of the week
bales. 66,000
90,000
7.000
of which exporters took
8,000
12,000
1,000
of which speculators took
6,000
2,000
474,000
’. .468,000
456,000
Total stock
87,000
of which American
83.000
77,000
56,000
Total import of the week
47,000
66.000
30,000
of which American
21,000
30,000
3,000
Actual export
11,000
11,000
2,578
52
....
BALTIMORE.
Sept.l.
ship.
Oriental, recently ashore on the Horse Shoe, below Savannah, came off
out damage or assistance, after discharging 200 bales of cotton, and
sailed for Boston Dec. 24.
Preston (Br). The fire which broke out on board of the ship Preston, from
New Orleans, at Havre, night of Dec. 12, was got under when 11 feet of
water had been pumped into the hold.
At that time the vessel touched
the bottom of the dock, but more water was thrown iuto her, as the
cotton was still burning.
Herbert, Hill, for Liverpool, while anchored below Galveston, during a
strong SE wind, Dec. 22, was boarded by a sea which damaged the
....
13,629
....
....
Spain, Ac
293
1,156
2,919
2,757
....
All others
Grand Total
1,928
530
'Spain,Oporto&Gibraltar&c
Total
6,257
2,389
300
...
1,219
....
336
....
833
...
1,149
Hamburg
Other ports
134
185,275
'
Bremen and Hanover
185,141
....
202,505
....
ship at the S V Pass, Dec. 29, damaging the upper works of
The steamer proceeded.
(Ger). Part of the cargo of the steamship Konig Wilhelm
1st, from New York, had been shipped at Nieuw Diep. Dec. 11, on
steamship Atlas, for Bremen, and the remainder would be taken to
Bremeivby the Olaf Frygiesen.
the
Konig Wilhelm I
1,219
78
100
....
Total French
prev.
year.
8,503
10,246
12,313
....
Havre
Other French ports
City of
cotton-laden
time
202,505
....
....
••
....
Same
Total
to
date.
Toes.
Mobile
Florida
S’th Carolina.
N’th Carolina.
....
.
3,702
76,396
808
8.493
13,235
114,878
North’rn Porte
19
Tennessee, &c
3,573
4,331
61,601
Virginia
Foreign
....
766
Total this year
29,913
418,977
Total last year.
26,097
406.685
•
•
•
378
•
•
•
....
•
19,797
2,544 36.594
9,332
1,389
....
8 356
•
.
.
522
4,773
6,422
1,207
3.387 33,205
3,049
,
....
.
.
.
60
5,604
....
....
....
...
249
.
,
....
32
5,155 54,504
1,404 21,275
.1,789 47,898
reached 92,894
last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week :
Total bales.
icle
York—To Liverpool, per steamers City of
Chester, 1,684
1.775
tic. 1,671— Italy.2,552 ...Cuba. 821
Minnesota,
To Havre, per steamer Europe. 1,219
To Bremen, per steamer Hermann, 750
To Hamburg, per steamer Holsatia, 311
To Antwerp, per steamer Humboldt, 95
To Genoa, per bark Lydia, 1.012
New Orleans—To Liverpool, per steamer Arbitrator, 3,190...
Knighton, 3,180 .. Agnes, 2,334
.Winona. 3,815
Colombia, 3,995
Riverside. 3,484
3,910.
.
Cel¬
...
ships
Antarctic,
per
To Havre, per ships Scotia, 3,438 ...Invincible, 4,651
per barks
P. Brcdesdorfl 1,954
Mercurius, 1,687. ..Danube, 1,710
To Bremen, per steamer Jose, 2,208 ...per ship Maid of Orleans,
—
1,705
To Hamburg, per ship Colonial Empire, 3,900
To Rotterdam, per bark Nebo. 1.222
To Barcelona, per steamer Castilla, 3,000
Tim tio, 800
748
To Genoa, per bark Bridgeport, 1,200
Mobile—To Rotterdam, per brig Laura, 450
To Barcelona, per bark Ester, 500
Charleston--To Liverpool, per barks Georgiana,
Sea Island
Nourelle Pallas, 895 Upland
land
;
To Bremen, per bark Kathleen, 1,600 Upland
To Barcelona, per brig Carmita. 451 Upland
—
barks Clotilde,
the beginning of a new year, we give a
statement of stocks of flour and grain at this market for a series
As
an
item of interest at
o* years, as
made
up
by Mr. Trafton of the Produce
Reporter:
Comparative stocks of Flour in New
1871
518,349
850
West acd State
Canadian
Southern
York January 1:
1872
1873
1874
380,187
300
322,124
1,800
36,700
244,412
1,050
24,289
303,624
269,751
45,870
25,974
565,069
Total
Exchange
356,571
Comparative stocks of Grain in store
and afloat at the Port of
New York for four years:
1878
Dec. 31
8.503
1,219
750
311
95
1,012
23,908
13,440
3,913
3,900
per
Friday P. M.. Jan. 2. 1874.
°
,
...
Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have
bales. So far as the Southern ports are concerned, these are the
same exports reported by telegraph, and published in The Chron¬
New
BRE ADSTUFFS.
447
2,050
16,909
705
91,018
10,043 112,557
•
,
....
4.045
....
....
•
9,027
1,222
4,548
1,200
450
500
1872
Dec. 28
Dec. 30
1870
Dec. 31
1871
“
“
1,258.600
Corn
Oats
1,271,500
471,600
2,132,740
4,227,181
3,700,006
Rye
Barley
“
“
Malt
Peas
“
14,630
194,400
96.210
1.286,447
573,527
565.772
102,070
1,461,192
Wheat, bush
“
It will be seen that
26,530
12,470
5,910,b70
1,620,360
268,197
5,292 '
supplies of all kinds are
1,439,804
2,874,586
129,480
9,500
303,033
2,289,055
14,571
328,330
much below the
of previous years, and yet, such has been the increase in
railway facilities for the transportation of Western products to
the seaboard, that this deficiency is not much felt, and would be
less so if the crops of coarse grains on the Atlantic Coast during
average
had been as good as usual. As it is, we are quite
dependent on the West for corn and oats, as well as for wheat.
Concepcion, 10 Up¬
The flour market has been firm with rather an upward ten¬
2,925
1,600
451 dency for shipping grades; but on the whole no decided advance
1,933 Upland and 27
the past season,
THE CHRONICLE.
January 3, 1874.]
be
Holders are confident of an improvement, and are
sell, except at higher prices; but the demand has
been moderate, whether for export or home use. It will be
observed that there is a large increase in the receipts at the
Western markets. To-day, the market was firm but quiet.
Wheat has been variable, opening buoyant and closing
weak. The receipts at the West last week were more than four
times as large as the corresponding period last year, and the
receipts by rail at this market have been quite liberal. The
sales early in the week, embraced No. 2 Chicago at $1 58@1 59
and No. 2 Milwaukee at $1 62, and $1 63@1 65 for No. 1 spring*
with amber winter selling at $1 64@1 67. But to-day prices
receded, and the transactions were only moderate at $1 56(5)1 58
for No. 2 Chicago and $1 60@1 61 for do Milwaukee.
Indian corn has recovered the decline noted in our last, and a
fair business has been done in prime old mixed at 83£@84c. in
store, and 84£c. afloat, which were the prices to-day, with sales
also of 36,000 bush, damaged old mixed in store at 70c. for export,
and small lots to the home trade at 81(383c. for new mixed, 80c.
for damp new white, and 78c. for damp new yellow.
Bye has been more salable in the range of $1 03@$1 06.
Barley has been quiet, and we hear of no further business in
can
quoted.
not inclined to
Previous week
WeekDec. 13
Week Dec. 6
21
237,641 1,068.111
676,995
684,614
230,946
481,635
498,321
180,494
206,891
Week Nov. 29
Week Nov. 22
Cor. week, ’72
S71,537
757.739
315,516
338,296
808,979
66,558
69.880
82,327
14,247
26,015
7,110
825.731
’
248,484
83,201
4,868
222,705 1,247,236 1,086,990
263,863
855,548
48,707
108,511
211,400
865,456
193,705
88,514
2,562
Total Jan. 1 to date .9,664,722 49,176,766 47,996,411 22,187,151 3,372,7951,162,740
Do. same time 1872 ..7,744,830 25,064,860 72,108,231 32,035,434^5,476,784 604,658
.
THE DRY GOODS TRADE.
Friday, P. M., Jan. 2, 18731
There has been very
little business transacted since our last,
report, and the condition of the market is not essentially changed..
Values have steadied up
somewhat, and there has been a generally'
higher range established in view of the near approach of the:
Spring opening. There is a very strong undertone in the dry
goods market at present, and altogether the outlook is favorable
for a liberal Spring distribution at fairly remunerative rates.
The clearing out sales during the past few months have left the
market very clear of old stock, and the low prices at which goods,
have been moved have left distributors generally with little or
no over stock, so that the demand from that Bource will be likely
to be liberal, unless something occurs to cramp the resources of
consumers and to restrict their purchases.
Confidence in the
soundness of the trade here is being pretty thoroughly restored*
Canada peas.
though there will naturally be some uneasiness felt until the
Oats have been advancing.
On Tuesday, the market was quite settlement of
yearly accounts is finally conmleted. Collections
excited. To-day there was some further advance in prices, but
during the past week have been generally satisfactory.
less doing at 61^@62c. for prime mixed.
Domestic Cotton Goods.—There hav9 been very light sales
The following are closing quotations :
of all grades of cotton fabric s, the demand being restricted to Bmall
Grain.
Flour.
lots adapted to the current distribution. The tendency of the
No. 2
# bbl. $4 50© 5 25 Wheat—No.3 spring,bush.f 1 52© 1 54
No. 2 spring
1 56© 1 61 market in nearly all lines is still in favor of sellers.
Superfine State and West¬
Agents have
ern
No. 1 spring...
5 85© 6 15
1 60© 1 63 stiffened
up prices materially in some of the leading makes, and
Red Western
Extra State, Ac
1 56© 1 60
6 65© 6 90
Amber do
Western Spring Wheat
1 65© 1 68
in many instances where quotations have not been fully estab¬
White
extras
6 50© 6 80
1 65© 1 85
do double extras
7 25© 8 50 Corn-Western mixed
78©
85 lished orders for goods are only taken “ at value”—the price to
do winter wheat extras
White Western
85 be made* at the time of
80©
delivery. Colored cottons are strong,
Yellow Western
and double extras
7 00©10 50
85
78©
City shipping extras.
Southern, white.........
85©
90 nominally at previous quotations, though there is a disposition to
6 85© 7 25
City trade and family
Rye
1 05© 1 07
make better prices on some of tho more popular grades. The de¬
brands.
9 00©10 25 Oats—Black
@
Mixed
Southern bakers’ and fa¬
59©
62 mand for
prints is confined to a tew choice styles of dark effects^
White
mily brands
9 50©10 50
61©
63
Southern shipp’gextras.. 7 50© 8 50 Barley—Western
1 35© 1 70 and is very light in the aggregate.
Light work has not been
Canada West
1 75© 1 8o
Rye flour, superfine
5 40© 5 85
Corn meal—Western, &c. 4 25© 4 40
opened as yet, but is being produced in liberal amounts, most of
State...
1 45© 1 65
Corn meal—Br’wine, &c. 4 40© 4 55 Peas—Canada.......
98© 1 25 the corporations that had stopped during the panic hiving re¬
sumed. The opening price for standard light work will probably
The movement in breadstuffs at this market has been as follows
be 10|c., but the quotation is not established as yet.
-RECEIPTS AT NEW YORK.
-EXPORTS PROM NEW YORK.—
Same
1873.
1873.
-1872.Domestic Woolen Goods.—Clothiers have begun to operate
Since
For the
Since time Jan. For the
Since
For the
more heavily
week.
week.
Jan. 1.
week.
Jan. 1.
Jan. 1.
1, 1872.
in light-weight fabrics for the manufacture of their
38,920 1,655,793
Flour, bbls.
22,472 1,191,029
97,198 3,546,568 3.021,724
C. meal, “
202,316
4,054
191,706
1,807
196,299 Spring stocks, both in the way of spot purchases and orders for
5,601
227,826
Wheat, bus. 754,150 33 807,270 16,226.591 733,261 27.844,722 123,795 13,206,557 future delivery. The cloth jobbers are making moderate selec¬
76,9fi0 24,576,345 10,769,791 333,536 15,600,708 121,899 25,658,359
“
Corn,
3,400
995,447
488,088
686,757 tions from samples and are placing orders for fair amounts, though
Rye,
6,437 1,069.149
40,040
22,659 there is a
Barley,&c..
32,480 2,444,206 5,103,984
general disposition to restrict purchases within safe
3.740
Oats
49,573
33,222
123,875 11,235.420 12,486,198
limits, awaiting developments regarding the extent of the Spring
The following tables show the Grain in sight and the move¬
demand from distributors. Manufacturers are preparing for a
ment of Breadstuffs to the latest mail dates:
liberal production, but will carefully avoid an excess. The raw
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
material is very strong, but has not sold so freely for a week or
DEC. 27, AND FROM AUG. 1 TO DEC. 27.
so past, as the pressing needs
of manufacturers had been pretty
Oats.
Corn.
Flour. Wheat
Barley. Bye. well
supplied by previous purchases.
bush.
bush.
bush.
busb.
bash.
bbls.
(196 lbs.> (60 lbs.)
Flannels and blankets are quiet and without essential change.
(56 lbs.) (82 lbs.) (48lbs.) (56 lbs.)
56.540
12,009
Chicago
983,190
154,790 180,462
36,723
Worsted dress goods sell to a moderate extent, but the demand is
Milwaukee
17,300
17,470
28,850
29,469
8,270
661,485
..
..
.
.
,
>
.
,
.
.
-...
..
.
Toledo
Detroit
Cleveland
St. Louis
128,500
3,188
9,100
125,245
1
75,391
2,611
9,269
3,200
32,996
445,637
49,887
3,875
169,731
110.651
1.961,470
1,575,863
431,012
340,361
385,779
222,159
230,814
93,086
162,173
116,407
12,338
-
20,650
26,502
.
54,720
4,312
4,900
71,525
7,735
.
1,050
about
over
for the
season.
....
350
9,876
Foreign Goods.—There is
no
increase in the imports,
and the
foreign fabrics is dull and destitute of essentially
comparison of the impoits still shows a decrease
455.586
Previous week
122,093
from former years, but fairly liberal purchases have been made
439,869
59,404
Corresp’Lg week,’72.
’71.
249,419 1,041,119
16,156
52,180
in the European markets on American account, and importers are
Total Aug. 1 to date.. 2,664,158 43,334.975 26,637,635 12,269,834 3,803.255 1,018,738
Same time 18’
looking forward to more activity than has been experienced this
A few
Shipments of Flour and Grain from the ports of Chicago fall.
holiday goods are selling at present, but beyond this
there is no movement to note, and prices are chiefly nominal.
Milwaukee Toledo, Detroit, Cleveland, St. Louis and Duluth
The importations of dry goods at this port for the week ending
for the week ending Dec. 27, 1873, and from January 1 to
Jan. 1, 1873, and the corresponding weeks of 1872 and 1871
Dec. 27:
.
Total
“
\
•
31,555
47,167
2,249
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye
bbls.
Week ending—
Dec. 27, 1873 ..
bush.
858,852
bash.
bush.
bush.
bush
105,386
74,038
678,808
807,809
91,892
109,394
194,717
124,083
115.196
105,103
76,281
264,325
80.170
4,338
10,084
7,850
112,206
122,193
Corresp’ng week 1872
129,826
67,809
Total Jan. 1i to date. 6,361.134
Same time 1872....
4.716.011
RECEIPTS OF
131,840
43,939
57,143,949 49,689,849 21,367,280 4,201,342 1,335.558
30,885,954 66,715,921 19,052,398 5,805,573 1,204,419
FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING
DEC.
27, AND FROM JAN. 1 TO DEC. 27.
Flour,
Oats,
Barley,
bush.
bush.
bush.
128,000
31,632
190,686
31,064
13,490
1.540
2.100
•
•
•
•
•
•
18,640
25,632
50,724
404,956
335,226
41,600
59,700
652,000
....
1,163,420
....
5,000
53,200
10,600
60,616
•
135.800
...
Baltimore
New Orleans...
Total
Corn,
bush.
935,580
3,700
Boston
Portland
Montreal
Philadelphia
Wheat,
bbls.
At
New York
352
Rye,
44,736
6,209
1,200
19,000
.
*
.
.
..
78,785
new
features.
have been
as
A
follows:
ENTERED FOR
CONSUMPTION FOR THE
-1871
Pkgs Value.
Manufactures of wool... 430
$199,081
do
cotton.. 706
170,592
do
211
silk
191,664
flax
481
do
97,575
drygoods. 607
186.902
3,885
$845,814
Miscellaneous
Total..-
WEEK
ENDING JAN.
-1872
Value.
Pkgs.
,
,,,,
.
.
.
.
6,906
1,000
....
?4,406
do
do
do
Miscellaneous
96,266
648
75,924
8,009
$730,414
1,659
$530,255
$160,662
26
224
dry goods. 129
Total
588
Addent’dforconsnmpt’n 2,385
Total thrown upon
45,580
MARKET DURING THE
$142,879
6,150
309
209
50
251
255
8,009
$149,073
730,414
1,074
1,659
$877,255
580,255
8,462
$879,487
V89
$907,510
m’k’t. 2,978 $1,080,077
55
Value.
$128,782
178,533
101,436
309
$184,263
845,814
154
1873——-i
1,469
153
69
14
102
115
cotton..
silk
flax.....
Pkgs,
160,987
211,666
100,«88
$64,557
21,089
81,268
54,127
13,222
Manufactures of wool....
1, 1878.
i
230
470
188
173
854
596
281
WITHDRAWN FROM WAREHOUSE AND THROWN INTO TBS
bush.
15.000
1,840
2,000
market for all
453
$78,379
28,607
12.671
28,266
100,223
62,730
64,207
17,216
22
[January 3, 18T4,
THE CHRONICLE
Prints.
Garner’s fancies. ,8j*-8A
do
purple. .8)*-8%
do
robes...
do
shirting 7)*-8
Gloucester
9)*
ENTERED FOB WAREHOUSING DURING SAME PERIOD.
Manufactures of wool....
do
do
do
439
silk
flax
Miscellaneous dry goods.
Addent’dforconsumpt
Total entered
We
at
annex
manufacture
n
741
155
403
693
240,006
127,814
$586,809
2,532
845,614
1,748
2.385
.
$280,135
131,907
91,987
54,435
352
540
111 916
433
126
398
cotton..
Total
$196,564
3,009
$769,2)9
730,414
5,541 $1,499,643
the port. 4,133 $1,432,623
170
153
Ancona shirtg?...
do
fancy....
do Jap. strip's
do oil colors..
American
do
gn & ogn
do
pnk enks
do
robes....
Anchor shirt’s....
Albion solid
do
fancy
do
suiting....
Allens’ fancies...
checks....
do
do
pink
do
cheviot...
do
Jap. strps
$89,350
39.274
22
15,487
3S0
77
88,984
15,466
802
$248,561
1,659
530,255
2,461
$778,816
95.666
25,608
few
a
our
particulars of leading articles of domestic
prices qjioted being those of leading jobbers:
Sheetings and Shirtings.
Brown
Width. Price.
Width. Price.
Indian Head.. 36
12
Adriatic
32)*
Pepperell... 10-4
9
37 A
do
....11-4
0A Iud’n Orch.W 30
Agawam F... 36
do BB. 33
9
9A
do
42 A
....12-4
36
Alabama.
9
do
C. 36
10 A
12
do E fine. 39
Albion A
36
do
A. 36
12
11
12
do R
36
Atlantic A... 36
do
d’w 36
12 A
do D.... 37
do O
33
10
10)*
do
do. 40
16
9
do II.
36
do N
30
ID*
39
Laconia O.
11
do P...
37
*)9
Peqtiot A
36
do
10
It.... 37
do
do L fine 36
B
40
1OA
T?
do
9
do
9-4
37 A
36
do LL... 36
9>j
12
do
30
do
10-4
..9-4
42)*
Appleton A.. 36
do
.10-4
9
do
N.. 33
36
32)* Pittsfield A.
1<>*
do
36
10
.11-4
37 A
Pocaset Canoe 39
12
Augur-ta .,
Laurel D
do
30
9
36
9
HA Portsmouth A 36
48
do
P 30
do
Lawrence D.. 36
I.,
ID*
9
do
27
*?”
S.. 36
do
B 27
do
A
XX 36
do
10
12)* Saranac fine O 36
12)*
Amoskeag.... 36
45
do
17
do
R 36
LL. 36
do
*)9
1\A
49
do
do
E 39
J.. 36
13
do
12)*
18)*
60
do
Y.
do
23
36
36
ID*
10>* Stark A
36
17
do B
36
10
it
Broadway. .
Langdon GB.4-4
30
Swift River.. 36
11
Bedford It.
36
7)* Langley
8)*
9
Suffolk A
36
Boott S
40
11A Lyman C
36
9A
15 A
do
E
36
'do W....
48
11A TremontCC.. 36
15
do
T
36
9
12
36
36
Utica
do FF
11
Maes. J
29
do heavy.. 40
17
Cabot A
36
8>*
9
23
do E
33
do
12
.48
Continental C 36
do BB
36 9)*-!0
do
P8
27
Conestoga D. 28
do M
40
G.. 30
*9“
do
76
do
ID*
37)*
40
do standard 36
do
do
S.. 33
10
86
n>;
Maxwell
40
11
45
96
do
W. 36
do
I'D*
do Non..... 40
36
11
17
Crescent
36
11A Medford
8A
10 A Waltham F... 40
Mystic River. 36
Dwight X... 30
13)*
9
15 A
.5-4
Y... 33
do
do
Masconomet... 40
ioa
do
12
36
do
..9-4
do
Z... 36
9)*
40
30
Nashua fine O 33
do
..10-4
do
ZZ..
*)01
*)01
li A
Star.. 36
do
R..
36
do
.11-4
35
do
11A
40
14 A
13
do
13
do
E..
Warren A.,...40
do
36
46
40
do
W
do
AA
do
48
17 A
17 “
do
18)*
A
36
9
do
35
Waterford W. 30
0A
10-4
do
'alls M 36
10 A
40
do
BB. 33
oa
S 33
10
do
do
C... 36
9)* Newmarket A 36
10a
do
do
do
E 36
D 36
A.
40
12
11A
11)*
12 a
do
d’w 36
10
Harrisburg A. 36
10)* Nevada A.... 36
26
do
B. 30
ID* Wachusett
8J* Pacific extra.. 37
30
do
Iudian IJcad.7-8
11
22)*
Pepperell.... 7-4
10)*
40
8-4
do
do
do
..48
1S>
27)*
!»)*
do
48
do
..40
9-4
30
do
15A
18)*
Width. Price.
36
11)*
...
..
iS*
-
,.
'
.
..
Arasapha
Algodon
42
A.. 36
6-4
.10-4
Z.. 31
do
do
do
do
do
..
.
Androscog’nL 36
A A 36
....8-4
....9-4
...10-4
do
do
do
do
ArkwrightWT 36
36
Auburn
lion & Son. .36
do
.31
Bartlotts
36
do
do
Bates
do BB
33
31
Bay Mills
..
14
13)*
36
12
45
36
13)*
lb
Blackst,neAA 3b 12)*-13
Boott B
36
13!*
do
do
do
do
do
C.
K
R
33
36
28
36
w:*.*..*
do X
Cabot
42
45
....
7-8
11
10
8
Hope
Ind. Orch.AA. 36
do
II dw 36
do
CC... 34
James
36
Lawrence S.. 31
Laconia
8-4
do
9-4
do
10-4
ID*
Langdon
42
do
do
16
17
12
10)*
0A
13 A
10
11
ID*
11
12 A
11
15
13
14
....
9A
30
Slaterville
do
Social C
do L.
Suffolk A
do
B
do L
1’horndikeB.
Tuscarora XX
do
Utica
do ex hvy..
46
18
GB ..4-4
18
Lonsdale
36 14 14)*
.
9-8
5-4
27
Chapman fine ,36
do
X.
36
Clinton CCC. 36
do
C....
4-4
Davol
42
do
.5 4
do
.
40
Dwight l>...
Star, 36
do .“42
45
do
do
do
do
do
,
.
•
cambr 36
Ei in wood..
36
Fruit of the
36
Loom
do
33
42
do
.5-4
do
6-4
do
.
.
.
.
.
.
.
FrankliuMfgCo36
16 A
10 A
Lyman camb. 36
.
36
Limvood....
36
Medal
11A Masonville.. 36
10 A
Masconomet. 36
do
33
14
36
10 A Maxwell
15
Nashua E... 36
21
do
.5-4
.9-4
23
do
do
10-4
IS
14
Newmarket C 36
do
A 36
16
do
W 36
18
10 A
NT. Y. Mills.
36
36
17
Pawtucet....
Peabody.... 36
.
.
.
.
.
.
.
.
..
....
.
.
.
PeDperell..
11A
13
18
21
1
26
I
do
do
do
do
1
do
....
.6-4
.7-4
.8-4
..9-4
.10-4
11-4
....
....
....
No. 8
No. 9.
No.
No.
No.
No.
No.
No.
No
0
1
2
3
4
5
6
NO. 7
46
..
10
10 A
11
9A
9
‘8%
'0A
.
11A
9A
11
Washington rhos.
fancies
do '
do grn stripes
9A
10A
10,
10A
do fan & choc
do Swiss rub.
do green&or.
do l”rkey red
9A
10
10A
9>*
9
8)*
9
10
11
10)*
10A
10)*
palm robe
purples...
pink
dopaddfan.
do
do
do
10
11
11
*0)*
11
10 A
.....
11
|
,.
..
..
..
..
Cordis AAA., 32
24
21
27
26
25
do
A
do
ACA... 30
36
do
do
do medal..
Pearl River
Pemberton AA
do
B....
do
E...
Bars
do
..
.
20
Oiroga B
..
do
ex...4-4
do
ex..
do Gld nidi
do
CT.. 6
do
CCA
do
AA .7-8
..
...
21)*
18)*
14)*
22
8
Pittsfield...
Swift River
Thorndike A,.
C..
do
Willow Br’k No 1
do
36
do extra ..
11)*
13
..
13
20 32A
..
..
28
25
.
WkitteutonXXX.
A.
do
16
..
30
32
York
do
Bomestlc Gingham*
12)* 1 Gloucester.... .9%-UA Peabody
11
Randalmon
12)* I Hartford....
10)* Renfrew..,.
12)* 1 Home
12 A Union
1 Lancaster....
12
11A 1 Namaske
Glazed Cambrics.
Amoskeag
2021
12
.
Delaware....
14
12>*
11
....
Smit.hficld...
7
1 narmony
0A 1 Portland
7
| Pcquot
7
i Red Cross.
Franklin
0A
8)*
10
36
0A
10A
8)*
..
9
Washington..
Wauregan
7
7
OA
..
....
....
..
..
.
.
..
Amoskeag
18
do XXX bi
11
17 A
16
14
21
Carlton
BROWN.
23
14
i2-’
Clarion
Ellerton N
Everett X
Hamilton FF
21
21
12A
16
Lyman F
14
8)*
16)*
24
15
17
23
27)*
37)*
40
17
ID*
16 A
21
25
28)*
32 A
24
17
17
25
9
16
20
UA
12!*
10 A
12J*-13
.
15)*
Laconia—
•
Massachusetts, B
Methuen XX
.
18
USA Standard 28)* in
do
8 oz.
24
26
do
9 oz.
1
1
do
lOoz.
28
12 oz. 33
11
do
do
15oz. 40
1 i Ontario twl s. 29 in. 20
do 31in (8 oz) 22
j
36
1
do
36 in.
I Ex twls'Tolhem’s” 15
13
10A
21)*
Uncasv’e UCA.
York
22)*
Warren AXA.,
22,
n
....
Lewiston
Oak Grove
Otis AXA
do BB
do
20* ‘
do
BB....
CC.
..
18
C otton Flannel*.
Nashua A
10
Pemberton Y
Tremont II
11
Whittenton AA
17
...
Amoskeag A A
Chicopee N
15!*
15 A
Lyman F
26
Naumkcag.
26
22
..
19
20
Great Falls...
Hamilton XX
Laconia
Methuen XX.
Massachusetts Rlt
Nashua XX
B BEACHED.
.....
17
22A ! Pemberton, Y.
| Clarion
Everett X
Ellerton N
Caledonia.No.8..
Columbia, No. 70
Far.& Min, No. 5
Jas. Long, No.10
16
16
14
14
12
Vi
Whittenton AA..
17)*-
13A
Eagle
Amoskeag
Arasapha.
11)* I Ma6?abesic
Boston
Cordis
awning
Columbian
....
Androscog’n sat.
Canoe River....
Hallowell Imp.
do
Hamilton
brown
.......
Empre-s 6 to 12..
Pendleton do
29 00
30 00
32 50
30 00
30 00
& Co
Clark’s,Geo. A.
16-17
B....
15-16
Uncasville A.. ,12)*-13)*
17
Union.
16
Whittenton A.,
14
BB.
do
do
C...
12)*
Joans.
Pepporcil, blea..
10
12)*
13 A
11
do
I
sat.
i....
Pcquot
|
..
Rockport
Suffolk
14
14
14
13)*
10)*
10X
10A
Cotton Yarns.
27
27
AmoFkeag
Ashworth
Brooks, per doz.
200 yds
J.&P. Coat’s
Clark, John, Jr.
12)*
20
do
14-15
10)* | Ind. Orch.Imp..
do
sat..
12)*
9
I Kearsage, sat....
11
[ Laconia
ID* Naumkcag sat..
! Newmarket
10
American
Excelsior
Ludlow AA....
Lewiston
19
11>* I Thorndike A..
16-17
17
14
15-16
OtisBB.
25-30
14
Corset
Amoskeag..
13)*
Stripe*
...
Union Mills.No.18
Wa m s ut ta. N o. 800
York I
20
25
...
11 A-1’2)* Hamilton
Lewiston A
16-17
B....
do
10’* 1
23
Star, No. 1200....
Kennebec
Lewiston A
Nolan's extra
Park Mills,No.50
Anchor
American
ID*
Tremont H
13A
23
*
Checks.
ID*
.
.
Haymaker
14
17
22 A
20 A
18
10 A
22)* I Thorndike A.
Columb’n h’y bro
21
E• ••
do
Boston
Beaver Cr.p.B.
do
CC.
Chester D'k B
Amoskeag AA
Arlington
10
High colors lc. higher.
Bcnf in«.
10
*
•
22
30
9
10
..
Creek..
Conestoga A p. ..
B p..7-8
do
do
A p.7-4
19
....
20
23
10A
frocks.,
dbl pnk
.
...
..
Beaver
io A
....
26
10)*
10)*
10
..
12A
do Nonp.. 36
13 A
Waltham X.. 33
42
do
15.A
6-4
15
do
do
8-4
14
9-4
do
12J*
do
...10-4
16)*
14
Wamsutta.
9-8
16!*
36
do OXX
35
36
do OHH
40
5-4
do
12 A Washington.
33
11
Wauregan... 36
16
do camb
17
White Rock. 36
13
Whitinsville. 36
do
10 A
33
22 A
Winthrop A A.
27 A
Wessacumcon
36
B
30
32)* Warren A A. 36
37A Williamsville. 38
4 2A
1
10
Garner
21
30
10 A
1
Continental.
Cotton Sail Buck.
Woodbeny, Drnid Mills
|
7-8
B
do
45
5-4
6-4
8-4
9-4
do
do
do
do
U
do
do
Canoe
purples
Qkr sty
10 A
reds,
do
10
do
purples.,
10 A
do
pinks ....
do
solids....
fancies
do
10 A
do
ch n z rbs.
blue& whl0-10)*
do
do
shirting
9
do
Jap strps
9
do
mourning
8A
Wamsntta..
6A
..
40,
36
33
33
36
36
36
36
36
36
45
35
....
....
32A
37A
16A
10
Sprague’s froe’e..
10 A
..
Eller ton....
Reynolds AA. 36
1
10
28
26
Cordis ACE.... 32
22
22
dc
No. 2.
19
No. 3.
do
59
17
No. 4.
17
| do
15
1
do
No. 5.
22
do
No. 6.
13
1
12 A 1
do
No. 7.
12
12>*
22
Easton
11A-13 A
1 Hampden CC.. 30
15
do
BB..
11
SJ*
22
do
TEA
21
27
Hamilton reg..
19
26
do
D.
16
23
Lewiston A... 36
27A
23
do
A.... 32
23
20
do
A.... 30
21
20
Methuen AA..
22 A
18
do
awn in:1,. ..27)*-30
17
25
Minnehah i... 7-8
15
do
4-4
30
22
16
Omega 0
Arcadia
I Star W
13
14
do
do
do
do
10)*
10)* | Simpson mourn.,
do white grades
10)*
9 A Somerset...:
.
*8>*
36
35
....
12 A
9A
Richmond’s
10
10
22A
6-4
...8-4
9-4
10-4
do
11-4
Pocasset Can. 36
F 30
do
FF. 36
do
Pride of West 36
Red Bank.... 36
do
33
do
do
do
do
15
10
10
....
5-4
13 A
36 12-12)*
Howe
36
Indian Riv X. 36
ID*
Shirting*.
Pcquot
10
...
Peabody solid....
•
Albany
....
...
shirting.
do
buffs
Pacific Mills..
9A
9)*
10A
A.,
do
do
B..
C..
do
D..
do
do awning
.
Forcstdale
36
16)* Gem of the Spin¬
dle
36
14
22
Gold Medal..4-4
do
35
33
36
9A Green G
14A Gr’t Falls (£.. 36
do
17
S... 31
do
30
M.. 33
do
A.. 32
35
Hallo well Q.. 36
40
do
E.. 36
15)*
Harris
30
14
12A Hill’s S. Idem 33
do
36
10A
Oriental
Ticking*.
...
18
9
Amosk’g ACA.
sp*
Bleached Sheeting* and
mourning.
shirting
Hamilton
do
checks
do
h’rcord.
10
.
.
Amoskeag,... 46
10 A
.
..
..
do
do
....
..
.
0A
10A
10A
....
,
..
11
do
purples.
do
shirt’gs.
Hand’s fancies..
*9*’
do
Swiss....
do
10
ruby&bk
do
solchks.
0A
do
0A
grn&oge.
do
palm.-...
Amoskeag
7)*-8
do
c«fc r plks
do
purples7)*-8)*
10
Miner, shirt’s
Bristol pinks.,
11
-Manchester
Cocheco L.
do
robes.
robes
do
ID*
12
ifterrimac D fey.
do
pinks ....
12
do F pk&pur
do
purples...
do
G
10)*
do
shirtings.
11
do
do
fancy
shirtgs
10
do
robes..
Conestoga fancies
10
Carleton mourn’g
Mallory pinks...,
9
do
Dunnell’s
purples..
do
frock....
0A
do
purples
do
h’rcord..
checks.
do
do
Freeman fancies
fancy....
0A Oriental
do
ruby....
do
robetj....
0A
do Swiss do...
do
0A
do
frocks...
purple...
10
do
rubies....
do
pinks...
9)*
do
purples..
.
....
9)*
0A
70
I
|
Sargeant
do
Fontenoy 6 to 12
Bags.
Ontario A
do
B
do
C
Powhattan A.,
B..
do
C..
do
Spool
Merrick
75
70
..
..
26
27
70
'iO
Stuarts
28
Stark A
do C 3 bush
54 00
31 00
Phila A
do B..
do C.
39 CO
43 00
50
70
......
Montaup
I Green
I
Willimantic, 3
do 6 cord.
Stafford Bro’s..
27
do
XXX
37 On
46 50
Cotton.
45
cord
6 to 12
I IXL
I
32 50
47 50
36 00
41 00
46 00
31 00
& Dan-
iels
j Samosset
I
Holyoke
42)* I Orr&McNauglit
42)* I Sterling
Stafford
40
35
70
70
40
4
8ALTPETRE-
GUNPOWDER—
Shipping ft 23 lb keg
GENERAL
Min. &
PRICES CURRENT.
©
Blasting
©
North River.shipping..
ASHES6 75
V M. 4 00
'* M 00
©
1 10
ft ton.200 00
130 00
Cement—Rosendaie
* bbl.
Lime—Rockland, common....V bbl.
,
Lumber—Southern pine
White pine box boards
White pine merchan. box
Clear Dine
Snruce boards & planks
Hemlock boards & planks
•
•
,.
,
Rockland, lump
.
.
.
,
36 30
25 00
28 00
boards.
65 00
24 00
18 00
4 15
5 75
6 50
Nails—10TO60d.com, fen & sh, * keg.
Clinch, l to 3 in.& longer
sizes
.
Paints—Lead, white. Am, pure, in oil
L9ad,wh., Amer., pure dry
Zinc, wh.,Ainer. ary. No. 1
Zinc, wh.. Amer.. No. l,in oil
Paris white, English, pr... ft 100 lbs.
•
.
25
00
50
75
1 10
1 to
88 00
30 00
31 00
75 no
26 00
20 00
4 25
6 25
8 25
4 50
TO
TO
TO
TO
TO
TO
@
•
*
.
•
,
4 S
ft
23
32
27
Rolls
Cheese—State factory, com. to fan.
do State dairy, common to fair..
f
)
C
Liverpool gas cannel
Liverpoolhousc canual....
27
25
• a
26 ©
....©
....TO
19 ©
1G ©
©
19 ©
@
19 ©
©
©
10 ©
©
1IH©
17
IS*
...
...
Wet Salted—Buenos Ayres, ft ft
California
...
cur.
TftX AS
E. I. stock—Calcutta sl’glit..V ft glo.
Calcutta, dead green
•••••••••
...
Calcutta, buffalo
ft ft
Cropof 1873
Crop of 1872
25
20
Crop of 1871
Crop of 1870
*10
•i
6u
40
30
©
©
©
©
16
-
Pig,American, No. 1
ft ton.
Pig, American. No. 2
Pig, American Forge
Pig,Scotch
Bar, refined, English* Amcjican
5 30
5 37*
4 7)4
TO
© 20
13)4
1334®
15
TO
TO
TO
@
15
©
©
36
32
29
42
00
00
00
00
.
©
©
©
©
ST 00
31 *M
31 00
47 00
(a.
...
Store Prices.
Bar, Swedes, ordinary sizes
162
50
TO
or<# nary cargoPS,G0@90 days.gl d.
do fair,
do
gold.
do good,
do
gold.
do prime,
do
gold.
lava.mats andbags
gold.
Klo
Native Ceylon
Maracaibo
23 V®
K0 CO @135 00
Hoop
110 00 @155 00
17 @
Sheet, Ru.-sia. as to assort
gold.
17)4
Sheet, > ingle, double & treble, com.
4)4©
BX
25
25)4
i.6'4
31
26
26
gold.
gold.
u*
@
27)4
2'i*
©
©
COPPER—
Bolts
....
LEAD—
....TO
35
33
cash.
....©
..©
gold.
' “
Argots,refined
Arsenic, powdered
Bi carl).soda, Newcastle
Bi cliro. potash, Scotch
Bleaching powder
Bri nstone,crude, V ton
Brimstone, Am. roll
16
••
“
••
«-
“
“
-‘34©
30
TO
©
©
©
5 75
50
50
“
25
33
Ginseng,Southern
&
©
20 <®
3134 a
25 ©
7 TO
6
®
....
gold.
gold
“
Nutgalls.blnc Aleppo
Opium, Turkey.in bond
gold.
5 50
potash,yellow
36
1 29
2 50
35
1 70
56
2 5C
16
gold.
per oz.
$ ft.
gold
....
87*
84)4
gold
Sugar lead, white.
Vitriol, blue, common
®
@
&
@
©
©
®
@
TO
•
cery grades
Cuba Clayed
do
centrifugal
21
20
and mixed
26
•3 0
Spirits turpentine
ft gall.
Rosin com. to good strain’d ft bbl.
©
“
pale
extra
8 25
4 0d
&
©
pale
Filberts,Sicily, new
3614
28
9*4
I
17
3*
*38
1 30
"to
1 so
62
2 75
.ft 1b
FRUITSRaisiQs.seeaiess, new
ft frail
do
Laver, new
do
Snltana
do
Valencia, new
do
Loose Muscatel, ncw.$ box..
Currants, new
Citron, Leghorn
Prunes, Turkish, new
Prunes, French
Dates
ft ft.
FIars, Smyrna, new
Canton Ginger
Sardines, If) hf. box,...
Sardines,♦ or box
Macaroni, Italian
t» busa. 1
8
44
Hickory nuts
Chestnuts
ft case.
....
Apples, Southern, quarters,’73, crop
do sliced, 1873 crop
do
....
do
do
do
A'monds, Languedoc
do
Tarragona
do
Tvica
ft ft.
1934©
jSw©
17Y n
1634©
Sicily
Shelled
31
f» ft.
OAKUM
8
15
no
00
00
no
© 14 00
4 50
2 40
©
is
©
®
4 6234
2 45 ‘
12*<®
934®
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934
2 15 ©
6)4®
2 60
6*
25
24*4)
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1234
©
7*©
7*
9 ©
18
7 25 © 7 50
29%@
82
13X®
14)4
10)4©
11
7 ©
9 ®
....
Blackberries.
Cherries, pitted
GUNNIES.—See report under Cotton,
8
©
18 ©
7XTO
©
©
(dom.)
...cur.
40 00
7%
12
19
50
2 95
3 00
*
42
2 60
3 00
2 70
3 75
0 00
13!4
"*8U
1534
8k
1 62
4 03
2 25
2 25
20
©
13
23>£<J
24
62)4
gold
Pepper, Sumatra
do
Singapore
Uassla, ChinaLlgma
22
22S
22)4
If©'
33
10},
do
Calcutta
Mare
N ntnieg8, Batavia
Pimento, Jamaica
©
SPIRITS—
•
goM.
Brandy, foreign brands
Rum—Jam..4th proof
St. Croix, 3d proof
Gin,Swan and Swallow
Domestic liquors—Cash.
A Icohol (88 per ct) C. <fc W
Whiskey
44
“
44
cur.
'
“
©
....
wi ter
winter
,
w
41
©
1 00
©
TO
70
©
TO
TO
:*r>2
1 75
77)4
...TO
5X
....TO
...
TO
8)*e
:
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6)4
PKOVI8IOH8—
Pork new mess fi bbl
Pork, extra prime
Pork, prime mesa city
Beef, plain mess
14 75
13 00
17 00
H
Beef, extra mess, new,
IP ft
Hams, pickled
Lard
© 15 75
© 13 25
© 17 50
®
5) © 13 50
55 ® 26 no
10*
934®
24
6*®
9*
RICE—
Rangoon, dressed, gold in bond.
..
Carolina
Turks Islands
Cadiz
3Y®
4
7*@
s*
„
v
/
Liverpool, various gprtp
88
ft gall
@ 15
© 5
© 8
@ 8
00
50
50
35
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97)4©
97K
V ft
English, cast,2d*lst qralily
1st qi a'tty
Engll8b.Rpring,2d
17
21
English blister, 2d & 1st quality
American blister
American cast, 'fool
...
...
American cast soring
American machinery
American German spring
©
10)4
9)4©
14
...
1*X
©
©
©
©
11)4
17
11
12
1134©
9
©
SUGAR—
Cuba, inf. to com. refining
do fair to good refining
f-Y®
7Y®
7H®
do prime, icfii inc
do lair to good grocery
do pr. to choice grocery
do centrifugal,Tihda. & bx»
Moiasses, liluls & hxs
—-—
Mel ado
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4
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Hav’a, Box,l). S. Nos. 1 to 9
do
do
do 10 to 12
do
do
do 13 to 15
do
do
do 16 to 18
do
eo
do 19 to 20
do
do
white
Porto Rico,refining, coin to
do
grocerv, fa r to <
7K
®
1
9
..
8-V
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10
10
9 TO
6 A©
..
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7 ”7
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Brazil,bags, D. S. Nos. 8 to 12
ft ft
Bard, granulated
do powdered
Soft white, A standard
do
do
off A....
White extra C
Yellow
do
—^
—
Hyson,Common to fair
do
Superior to
do
Extra fine tr fln-'M..,
Young Hyson.Con. to fair
do
Super. 10 fi.te
do
Ex. fine to finest...
rur.
9X
7;V
no
85
Ex. fine to finest
choicest
Imperial. Com to fair
Co
Sun. to fine
—
no
Extra fine to finest
Hyson Skin.* Tv.nn.. com. to fair.
rto
do
Bup.t.o fine
do
Kx. fine to »i.e<f
do ;
.
1 10
no
43
70
20
25
Snr>’r to fine
Kx. fine to finest
TO
■-5
TO
TO
TO
TO
TO
TO
TO
1 ro
35
60
<0
1
TO
35
60
to
21
23
TO
TO
TO
TO
Nominal.
40
62
1>0
38
35
50
70
80
35
65
23
40
TO
1 01
35
ro
TO
90
32
ft, 1/0''
—
IP 25
9 V5
ox
'
45
70
1 (5
1 40
TO
TO
TO
TO
TO
TO
TO
TO
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C.ohri coal —
35
TO
70
Unco’orcd Japan,Com. to lair
co
Snp’r to fine
Ex. fine to finest.
do
Oolong, Common to lair,,,,.
do
Superior to fine
do
Ex fine to finest
Souc. * Cong.. Com. to fair
>.
no
40
65
40
70
33
rn
Gunpowder, Com to fair
do
Sup. to fine
Bancs
Straits
English
Plates. T.
9:4
7%TO
tin—
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do
do
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do
do
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lf
ro
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@ 16 50.
•TOBACCO—
© 10 CO
...
leaf,
“
**
Seed leaf, Conn. & Mass., n-rpts, ’7’.
’
“
44
•
filler..’72
Pennsylvania wrappers. ’71
It
WOOLAmerican NX
Abicrlean. Nos. I & 2
....ivft
American.Combing
Extra,Polled
Pulled
California. Spring ClipFine. unwashed
—
—
Common
South Am.
ro
7
@
TO
©
60
1 ">
©
40
43
TO
f5
47
.*2
TO
50
TO
4"
■27
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@
0
’5
Havana, com. to fine
Mannfac’d.in bon*', dark wrk
44
brlglit work
@
@
56
50
18
5
?:»
70
27
25
0
©
19
TO
TO
27
31
Merino unwashed
Cape Good Hope, unwashed
Texas, fine...
Texas,
7
PM@
18
•
Medium.....
7'/@
26
TO
©
25
TO
gold.
17
@
tIP 9, good
8%
medium
•
Smyrna, unwashed
21
30
32
28
22
31
34
33
30
19
...
Beef hams, new
SALT—
75
75
40
15
STEEL
No. 1,
„
Crude,ord’v grav.. In bulk, fl gal..
Crude In bbls
Refined.standard white (nominal).
Naptha (nominal)
0
1 15
86
56
68
62
Sperm, bleached
PETROLEUM-
©
....*5
Whale, Northern
Lard oil, prime
0
35
.
3
8
3
3
...
1 50
1 70
75
Whale,bleached winter...
80
15
K©
14/4©
otemn
“
1 13
85
41
1 SO
1 04
H J*
34
Cloves
do
25
13
12
....
and Penang
Kentucky 1n<rs,heavy (newcrop)
cusks an l bbls
Cotton Seed Crude to white.
Menhaden, prime light
©
©
2 * 3t ©
©
©
1 25 ©
1 CO ©
11
©
...
Plates,char. Terne
OILS—
Li>'8 ed,
11
....
Ginger African
19
IS
11
8)4
8)4
?5
11
7 37’4 3)
3 ©
TALLOW23
OTI. CAKE-
tbln.oblong.in bbls. .ftton.gold
7 00
6 (0
6 50
SPICES—
77
70
5 75
to 26
©18
© 13
© 16
10)4©
8)4©
& N. C
unpared, halves & quarters
2
2
Peanuts, Virginia new
do
Wilmington, new
©
Manila
..
Walnuts, Bordeaux, new
recan nuts
do
do
©
©
*'A *
la TO
©
ro ©
00 ©
00 ©
00 ©
9*
3 50
2 10
2 20
2 42*
V ft
lleHned—Hard, crushed
16*
Domestic Dried—
State, sliced
do
do
quarters
do
do 'Western
Peaches, pared new, Ga.
15
Barcelona
Brazil nuts. new.
do
Neatstoot
FLAXNorth River.
©
©
©
25
5 75
5 00
ft 100 ft, gold.
Plates, foreign
37
83
0
2 75
2 60
6 75
Plates domestic
86
©
©
©
No. 1
No. 2
“
Western thin oblong,
<3
27)4
NUTS—
X
FISH—
75
00
00
00
00
12 00
30
2S
©
@
11 87)4 3
2 9ti ©
2 67)4©
41 @
2 50 ©
Tar. Wilmington
Pitch, city
City
4
23
16
14
15
18
@
©
©
©
©
©
©
“
7
1 25
1 25
30
1034
Dry cod
ft cwt.
Mackerel, No. 1, Mass., shore, new..
Mackerel,No. 1, Halifax
Mackerol, No. 1, Bay
Mackerel,No.2, Mass, shore
Mackerel,No. 2, Bay
r,i
30
Porto litco.
Cuba Muscovado, refining to gro¬
“
4K
1034®
234®
Oil vitriol (66 degrees)
MOLASSES—
N. Orleans new, fair to prime, ft gall
NAVAL STORESTar, Washington
rs
52
'
3f
30
23
English Islands
•
1 20
Licorice paste, Sicily
Midler, Dutch
Madder,Fr. E.X.F.F
5
6 )4
4%®
6^©
Ginseng, Western
do
ft ft
•
•
90
31
31 ?4®
“
ft ft.
Jalap...
Lac dve, good & fine
Licorice paste, Calabria
•
....
TO
....
“
Cutch
Gambler
•
TO
....
44
*•
.
..
Orinoco, &c
rough
“
3
3t>2
17*
j
-..© 2 59
31 03 © 35 00
44
Cochineal, Mexican...
30*
&
17*®
“
Cochineal,Honduras
22
2YTO
5 25
IP ft.
gold
Castor oil, E.l.lnbond, $ gal..
“
Chlorate potash
*•
Caustic soda
©
@
25
Camphor, crude
Sal soda,Newcastle....
Shell Lac, 2d & 1st Eng
Soda ash
California
27
26
“
S?6
87)4
87<4
..
Union cropped
Oak. rough
Southern
Alum, lump
Argols, crude
Quicksilver
Quinine.
Rhubarb, China,goo i to pr
7 00
© 9 25
© 10 50
6
6
87H®
Pipe and sheet
DRUGS & DYES—
prime.
Cubebs, East India
6
Knglisn
©
©
Bar
COTTON—SeeLspccial report.
Cream tartar,
6 75
6 75
“
German.
35
25
.
ftiOO ftgold
Spanish, ordinary.
LEATHERHemlook,Buen03 Ayres
ft..
Sheathing, new (over 12 oz;:
Braziers’(over 16 oz.)
American ingot. Lake
Rails,English, ft ton
gold 55 00 @ 60 0!)
Ralls, American, at works in Pa
$2 50 © 65 00
22
27
26
@
©
26
25
gold.
27
31
27 K
©
25
21
gold.
......
©
26*®
gold.
Mexican
©
26
go id.
Laruayra
Si Domingo
21
©
©
©
....
Scroll
COFFEE—
3 25
2 00
2 10
2 40
SPELTER-
13
11
...
Para..
IRON-
....
Tsatlee, No.3 chop....
Tsatlee, re-reeled
Taysaam, Nos. l & 2
Canton, re-reeled No. 1
15
...
3)4
SILK-
11*
25
25
20
17
16
20
16
20
HOPS-
.
new
Hemp, foreign
Flaxseed, American, jough.new...
Linseed,Calcutta IP 56ftgold (time).
26*
12)4
TO
11 00
27*
....©
Matamoras
Bahia
COALAuction sale of Scranton, Dec. 31:
4 8.1
4 85
5 15
5 25
4 20
26)4©
21*®
Chili
Pernambuco
36
38'
36
,
gold
Dry Salted—Maracaibo....ft n>
12
2 25
TO
@
TO
@
TO
TO
10*
7Y
5*
3 4. ©
» »
••••••••••«••
BUTTER AND CHEESE—
Butter—Firkins, per invoice
Savmilia
Clover,
@250 00
@150 00
9H©
7*®
.,
Montevideo
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Bahia
8)4
TO
6)4®
3)4 S
SEED—
HIDES—
10
1U4®
2 00 ©
“
ft ft
Jute
11
9XTO
K
Manila, current
Sisal
8
17
30
1
©
14
IS*©
H
Timothy
HEMP—
American dressed
American undressed
TO
TO
®
TO
TO
TO
TO
TO
TO
28 50
“
Philadelphias
do
1 05
ftft
pure
Crude:
Nitrate soda
..gold.225 90 @
BUILDING MATERIALS—
Pricks—Common hard
Croton fronts
Prussiate
,V 100 lb
Refined,
4 25
3 75
7 CO
&
BREADSTUFFS—See special report.
2d and 3d tine
Cut spikes, all
23
rm \ mftoyictkc,
January 3, 1374.}
V bush
9 sack.
....
125
TO
©
80
80
800
ZINCSheet
FREIGHT8—
,—
To LIVKBPOOTj !
Cotton..
f* ft.
IP bbl.
Flour
Ii eavy goods. . ft ton.
.
Oil
•••
Corn.bnk * bgs. ft l»u.
Wbeat, bulk & bags..
B eel
V ^ce.
PTXA M.
@
—8ATL-
<1. S. d' S. <1.
54®
% TO 7-16
4 0 TO
5 0 TO....
30 0 TO
35 0 ©50 0
....TO
TO....
11 TO
12*®....
j.
—
12)4®....
9 6
6 6
©...
11)4*
7 6 ©
5 6®
s.
d.
7-16
42*6
OPINIONS
Per Cent.
School
7 to 12
We make a SPECIALTY of County, City and
District Bonds, GUARANTEE LEGALITY of all
bonds sold, collect the coupons without charge, or
take same as so much cash on sales, fW“ Send for
price list.
the: law
senior, should be In the hands
•of all Interested in this class of securities.
‘ '
umes, price $10.
Two Vol-
STOCKS AND GOLD!
Operations are much safer and more satisfactory
when made against “ Privileges,” the negotiation of
which we make a specialty. One hundred dollars and
commission will purchase a first-class “Put” or “Call”
for one hundred shares of stock, which can be deliver¬
ed or called at any time in Thirty or Sixty (60) Days,
according to terms of contract.
Double Privileges”
cost from $250 to $400 per one hundred shares, and are
in every war satiefacto y, as they cover a decline or an
advance. One hundred and twenty-five dollars and
commission will purchase a “ Put1’ or a “Call” for
$50,000 Gold any time in thirty days; $250 and commie-
sion, sixty days.
STOCK ana GOLD PRIVILEGES are becomingmore
popular every day, as it is not necessary to risk more
than amount paid for Privileges. We have completed
a “Circular” fully explaining “ Privileges,” with prac¬
tical illustrations, which we will mall to any address.
We refer by permission to Messrs. Van Schaick & Co.,
Messrs. Scott, Strong & Co., James Strutbers, Esq..
New York. All orders will have prompt attention, and
further information furnished,
Sc
No.
208
NORTH
St.
The New York World says, “far
similar publication ever issued
standard
of busi¬
All work accurately fitted to gauges and thoroughly
interchangeable. Plan, Material, Workmanship, Fin •
ish and Efficiency fully guaranteed.
George Burnham,
William P. Henszey.
Charles T. Parry,
Edward Longstreth,
Edward H. Williams,
John H. Convers
The New York Commercial Adver¬
tiser says. “ ought to be in the counting room of
every merchant and hanker.”
The Boston
Post
“ the amount of
it must meet the
of American mer¬
says,
matter is simply astonishing,
wants exactly of the great class
chants.”
The Boston Journal says. “ it is one of
best commercial papers published in the
the
NEW
Tribune says, “this is one
the very best commercial and financial weekly
journals published in the United States, and no
Full information furnished on application.
VALENTINE TUMBRIDGE & CO.,
Bankers and Brokers,
39 Wall Street New York.
Cast Steel Frogs,
St. Louis
The
who
panic with unimpaired
facilities, we invite new accoun s, subject to
check at
for which we will
stocks on margins.
Syndicates are forming according to our usual plan,
Ex
for those who desire to take limited risks.
Railroad Iron,
well
Courier-Journal says
would advise all our bankers, and business
The Louisville
“
we
men
Orleans Times says
New
J. Pope & Bro.,
Economist,
bankers, merchants, brokers, etc.”
The London (England) Economist
men,
says, “one journal,
better known in this
mercial
and
at least, which ought to he
country—the New York Com¬
Financial Chronicle—displays a
capacity and knowledge for practical economical
discussions not anywhere excelled.’
The New Orleans Picayune says “itis
a journal of sterling ‘worth, and without a rival
among the commercial papers of the country; it is
scarcely possible that auy hank officials will faile
have it always at hand.”
COPPER,
SPELTER, TIN, LEAD,
NICKEL, BISMUTH, dec.
MANCHESTER
-
MANUFACTURERS
79 & 81
Third «t., ST. LOUIS.
WILLIAM STREET, N. Y.
JEWELL,HARRISON
&
COMPANY,
MANCHESTER, N. H.
W. G. MEANS,
Superintendent,
Treasurer,
42 Devonshire st., Boston
Manchester, N. H.
.
4.BETAS BLOOD,
WILSON,
Late Bt. Maj.
EDWARD K. WINSLOW.
J. H.
27 WATER STREET,
Pres. St.L.& S.E.R’way.
Gen.,U.S.A.
Winslow &
COR. FOURTH &
Wilson,
ST., NEW YORK.
WALNUT STS., ST. LOUIS, MO
Report upon, Build, Manage and Equip
RAILWAYS,
Negotiate Loans and sell Securities of all kinds.
PHELPS,DODGE &Co
CLIFF
Between John
COMMISSION AND
COTTON
STREET,
New York.
and Fulton,
IMPORTERS AND DEALERS IN
MERCHANTS,
NEW YORK.
Tin &
Roofing Plates,
OF ALL SIZES AND
Henry Lawrence & Sons,
manufacturers of
MANILA, SISAL, JUTE Sc
TARRED
CORDAGE,
I
FOR
EXPORT AND
w FRONT
OF
Locomotives, Stationary Steam En¬
gines, and Tools,
WILLIAM B DANA & CO., Publishers
NEW YORK
Works,
Locomotive
SECURITIES,
3 MAIDEN LANE, NEW YORK*
i
RAILS,
No. 70 WILLIAM
$10 Per Year;
$6 for Six Months; Single
Copies, 25 Cents.
Jos. Bachman & Sons,
No
York.
“ The
with that well-known cham¬
pion of commercial interests. Such a publication
as The Chronicle is invaluable to all business
AND
323 North
Metals.
1
It is an invaluable
generally to subscribe.
Gaylord & Co,
Street,
Old Rails, Scrap Iron and
Pig Iron,
paper, the best in the country, carefully edited, and
all its statistics and quotations are wholly reliable.’^
Subscription Price,
33 Wall
as
292 Pearl Street, New
F. R. SHERWIN & CO.
BROKERS IN WESTERN
CO.,
Sc
country.”
planatory circulars on application.
Samuel A.
BENZON
give special attention to orders for
says, “The
issued in this
and deserves to rank
New York.
Railway Use.
84 Old Broad St.,
Thos.
Chronicle is modeled on the London
Co.,
and all other Steel Material for
NAYLOR,
as
The St. Louis Democrat
Chronicle is the best financial paper
So. 4' h street.
HOUSE IN LONDON,
extensive business ought to
that The Chronicle is the very best commercial
and financial paper published in the country would
be only to reiterate what has already been said by
half the leading papers of the country.”
The
BANKING HOUSE OF
6 Oliver street. 208
CAST STEEL RAILS,
CAST STEEL TYRES,
Despatch says, “to say
merchant who does an
be without it.”
PHI LA.,
BOSTON,
YORK,
99 John street.
country.”
The Philadelphia Inquirer says, “ it is
replete with a large amount of information on
financial and commercial topics, forming a valuable
book of reference for hankers and merchants.”
.
NAYLOR & CO.,
The Chicago
CECRET OF SUCCESS IN WALL
STREET
Origin of Wall Street; Locking up
Greenbacks; Long of Stocks ; Bulls; Bears; Profits
on “ Puts” and “ Calls ” costing $10 to $100: How it is
Done ; Out of Town Operators ; No Liability ; Show¬
ing how small investment may give large returns.
Cloth bound ; 32 pages. Mailed on receipt of stamp by
carry
PHILADELPHIA.
York
New
The New York Express says, “a
work like this is well worth the patronage
ness men.”
STREET,
gignt; also speculative accounts,
Williams & Co.,
in this
States.”
enabled to buy bonds from first
therefore oiler them at extremely low
Having survived the late
Burnham, Parry,
superior
Tribune says, “it is
beyond comparison the best collection or financial
and commercial statistics published in the United
The
LOCOMOTIVE WORKS.
BALDWIN
country.”
Louis, Missouri.
80 Broadway,
country/’
to any
BROKERS,
F. R. Sher.win &
“ its success
cost.”
in St. Louis we are
prices
Locomotives,
Steel Ralls,
or
allbusiness connected with Railways,
The New York Evening Post says, “it
is worth to any business man tenfold more than its
hand a line of County, City,
Township and School District Bonds of the highest
Character, which will pay from ELEVEN TO FIFTEEN
PER CENT ON THE INVESTMENT. Being located
caii
Iron
faithful and intel¬
the industrial, commercial and
financial interests of the
Keep constantly on
hands and
PAPERS
The New York Times says,
has been legitimately earned by a
T4 Broadway.
THIRD
Railroad Cos,
and undertake
BAZLEY,
AND
Negotiate
Bonds and Loans for
DAILY
LEADING
Keleher, Smith & Co.,
BANKERS
MERCHANTS,
LIBERTY STREET,
59
Contract for
ligent devotion to
LAPSLEY
Jesup & Company,
BANKERS AND
Cars, etc.
St., New York.
IT Nassau
M. K.
FROM THE
Sc CO., Bankers,
W. N. COLER
Brokers,
THE
OF
Commercial & Financial
Chronicle,
of municipal bonds
just published by our
Railroad Material, &c.
Miscellaneous.
Financial.
,
[January 8,1874
THE CHRONICLE
24
DOMESTIC USE.
STREET, NEW YORE.
PIG
TIN,
RUSSIA
KINDS.
SHEET IRON,
CHARCOAL AND COMMON SHEET
LEAD,
SHEET
ZINC,
IRON,
COPPER,
Spelter, Solder, Antimony, dec.
MANUFACTURERS OF
COPPER, BRASS AND WIRE.
@FedFRASER