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HUNT'S
MERCHANTS’
MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL
INTERESTS OF THE UNITED STATES.
VOL. 28.
SATURDAY, JANUARY 4, 1879.
CONTENT8
THE
CHRONICLE.
Resumption Accomplished
Course of Prices of State Securi¬
Production and Stock of Precious
Metals
New Arrangements for Ocean
ties
During the Year 1878
9
Course of Prices of Riilroad Bonds
for the Year 1878.
9
Course of l rices of Railroad and
Miscellaneous Stocks in the
Year i8?8
12
The Debt Statement for Decern
..
Freight*
The Social Problem—Parke God¬
win at the Cooper Institute...
Retrospect of 1878
Prices of Gold in New York for
Every Day in the Year 1878
.
.
her, 1"78
Latest
....
Quotations of Sterling Exchange
for Every Day in the'Year
1878.,
12
>
Monetary and Commercial
English News
Commercial and
News
Course of Prices of Government
Securities for the Year 1878
THE
now
13
.........
Miscellaneous
13
BANKERS* GAZETTE.
Money Market, U. S. Securities,
Quotations of Stocks and Bonds.
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
16
Investments, and State, City and
Corporation Finances
14
17
19 I Dry Goods
....
Cotton
Breadstuffs
19
23
I
the farmer’s
grain, the planter’s cotton, the manu¬
facturer’s prints, the Chinaman’s
tea, are all interchange¬
able anywhere on a common fixed basis of value
; an<
as
every venture is thus relieved of this element
uncertainty, enterprise becomes less hazardous an^
therefore freer.
Thus closes the
history of our war finances, so far aa 1
its distinctive feature is concerned. It is
useless to say
at this time that these issues were
unnecessary, that the
nation might have conducted the war
without paying so
dearly for it.
All we are interested in knowing to-day
is that,
having been issued, and having passed through
of depreciation with constant fluctua¬
for seventeen
years, we are at length once again
the various
stages
THE COMMERCIAL TIMES.
Commercial Epitome
NO. 706.
24
Imports, Receipts and Exports
25
...
tion
safely anchored
fixed standard and subject in all
upon a
respects to the universal law of value.
Chronicle.
The Commercial
and
Financial Chronicle
day morning, with the latest
TERMS OF
news
up to
is
issued
on
Satur¬
midnight of Friday.
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..
...
...
...
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The London office of the Chronicle is at No. 5
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Advertisements.
Transient advertisements are published at 25 cents
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but when definite orders are
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No
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gven,
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s must 60
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inking
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t
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*
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the office.
Notice to Subscriber**—The
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Chronicle (six mouths’ numbers) has been reduced to
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have no agent who solicits
binding from subscribers, and
any person visiting
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solicitation does so entirely upon his own
authority, and bhould not he understood as having a connection with
the
publishing office.
on
gold at a premium. Our
points. The penalty
these
victory has been won, and it would
stupidity and weakness than the people of
this country have ever
displayed in the past, to permit a
turning back. Of course, the silver issue is the cause of
require
more
chief concern; but that law will be altered or
repealed
before it can work
any harm.
If not changed at this
session of Congress, before the
year is out its repeal will
be the most popular issue
any party can adopt. Mechanics
in th:s vicinity even now call
the silver dollar the “stove-
lid-currencyand
time that the
Europe.
a
Many, how¬
ever, even now believe, or say they believe, that this is
but an experiment, and others even
prophesy that we
will soon be drifting
with
again
our
act
every intelligent man knows by this
is simply a measure for the relief of
We have
statute
no
fear of its
long continuance
For the benefit of those who have other
doubts
the permauency of
to
resumption, we are able to give
to-day one month later trade figures from the Bureau of
Statistics. It is a remarkable
exhibit, showing a mer.
chandise
balance
$31,989,505 in
our
for
the
month
of
November
of
favor, and making, with the previous
in exports, an excess of over
$269,000,000 for the
eleven months of this
year, compared with an excels of
$100,000,000 for the same eleven months of 1877.
have quietly passed into a summary is as follows :
new commercial condition.
Not only our banks but a Excess of
Imports
1878.
1877.
and Exports—
large number of our merchants were able to and did
During the past week
we
January close
The
,
It Months.
up
and discontinue
one
complete set of books. Hereafter no more gold accounts
are
required ; the merchant buys his sterling with legal
tenders and can even pay his duties with the
same, so
that he buys and sells in the one
currency and needs but
one account of the
transaction* This means simply that
as
excess
RESUMPTION ACCOMPLISHED.
with the 1st of
on
book.
November—
Excess of imports.
Excess of exports..
Ten previous mo’s—
Excess of imports.
Excess of exports.
Total IX months....
Excess of imports.
Excess of exports.
Gold & 8il’r Merchandise. Gold & sitr.
Merch’d’se.
$
....
681.968
$
31,989,505
$701,229 $
28,113,501
2,416,261
237,070,012
$1,734,293
$269,059,517
24,999,949
72,191,489
$24,298,72*6 l6bV364,990
THE CHRONICLE.
2
7781
Surely
doubting Simons can draw very little
support from these figures.
And yet they do not mean
that we shall make no shipments of gold to Europe this
year.
That will depend largely upon the length and
our
extent of the distress in Great
Britain, and how far she
will continue to send forward
our
railroad and other
bonds for payment.
remains on its present
But so long as our foreign trade
conservative basis we may be sure
that no more gold will go than we can well spare. We
are producing gold at the rate of 35 to 44 millions a
year, and it would be unwise for us to continue long to
keep it all at home.
PRODUCTION AND STOCK
IVol. XXVIII.
This statement, it must be remembered, is, we repeat>
for the fiscal year, and the previous ones are for the cal¬
endar year. Much
could be reconciled
of the discrepancy between them
by making allowance for that fact ;
for it is an undoubted truth that production has of late
months materially decreased and for the next twelve
months is likely further to decrease, giving a yield
of
gold not much in excess of .$35,000,000. Using, how¬
ever, Dr. Linderman’s figures for the last five years, and
giving the results of Professor Raymond, formerly Com¬
missioner of Mining, for previous years, we have the
following statement of the yield of gold and silver since
1860.
PRODUCTION OF GOLD AND SILVER SINCE
OF PRECIOUS
-
METALS.
Gold.
——1
I860.
■
Silver.
Total.
In connection with
$77,927,092 $215,651,114
resumption, which has this week 1860-1874.
$893,578,206
1875
42,000,000
35,703,413
77,703,413
been effected, statistics with regard to the pro motion and 1876
46,850,000
38,500,000
85,350,000
45,100,000
38,950,000
84,050,000
stock of the precious metals have an increased interest* 1878
47,226,107
46,726,314
93,952,421
With the 1st of January, Messrs. Wells, Fargo & Co*
Total siuce 1860
$859,103,199 $375,530,841 $1,234,634,040
have issued their annual statement of production.
It
Turning now to the export movement of the precious
is for the calendar year, and is as follows, with the pre¬
metals, we have the following results. We give only
vious year added for comparison.
the totals for the entire period, not having room to
Year ending December 31.
insert the figures for each year:
Location.
1878.
California
Nevada
1877.
$18,920,461
$18,174,716
35,181,949
6,064,613
51,580,290
1,191,997
92,226
1,832,495
2,644,912
8,113,755
6,232,747
7,913,549
453,813
2,287,983
2,215,804
1,594,995
1,283,460
309,010
2,388,622
1,500,000
1,432.992
1,771,190
$81,154,622
$98,421,754
$38,956,231
$46,129,547
38,746,391
3,452,000
47,206,957
5,085,250
3,213,724
73,311
Oregon
Washington
1,868,122
Idaho
Montana
Utah...
Colorado
New Mexico
Arizona
Dakota
Mexico (west coast).
9,763,640
British Columbia...
Total gold, silver
and lead
Gold.,
Silver.
......
From
Exported.
1859
Total
to 1878-
Domestic.
$638>714,816
217,317,925
$58,713,695
gold
$856,032,741
$59,082,248
Silver coin..
Silver bul’n.
$51,380,853
215,727,866
$95,548,051
1,811,289
Toal silver
$267,108,719
$97,359,340
Gold coin...
Gold bullion
Total
Total
gold
and silver.
Total.
Foreign.
368,553
Imported.
$697,428,511 $191,569,160
217,686,478(
25,248,135
$915,114,989 $216,817,295
$146,928,904!$118,736,855
217,539,155| 18,559,190
$364,468,059 $137,296,045
$1,123,141,460 $156,441,588 $1,279,583,048 $354,113,340
Using the figures for production since 1860, as given
$81,154,622
$98,421,754 above, and the totals of exports and imports as here
Total, as above
This shows a decrease of $17,267,132 this year in the stated, and adding an estimate for the last six months,
we have the following net result:
total production, and the same authorities estimate that
the yield for 1879 will “ not greatly exceed $70,000,000.”
Gold.
Silver.
Total.
Their totals for previous years are as follows.
Production since 1859
$859,103,199 $375,530,841 $1,234,634,040
Lead..
Products,
including
Year. f
1870....
1871....
1872
1873
1874....
1875
1876
1877
....
....
....
....
....
British
Columbia
and Mexico.
Net Product of the United States and Territories
west of the Missouri River.
2,100,000
2,250,000
3,450,000
3,800,000
5,100,000
5,040,000
5,085,250
These statements
are
19,286,000
19,924,429
27,483,302
29,699,122
32,605,239
39,292,924
45,846,109
34,398,000
38,109,395
39,206,558
38,466,488
39,968,194
42,886^935
44,880,223
76,703,433
87,219,859
95.811,582
all for the calendar year, and
excess
Estimate
for
Six
227,372,014
925,469,708
$160,805,505 $148,358,827
$300,164,332
of net
exports
Total.
55,084,000
60,351,824
70,139,860
71,905,610
698,297,694
since 1859
Production in
Gold.
Silver.
Lead.
$54,000,000 $1,080,000 $17,320,000 $33,750,000 $52,150,000
58,284,000
62,236,950
72,258,693
74,401,045
80,889,057
90,875,103
98,421,754
Exports in excess of imports
Months,
June-December, 1878Production
Imports in excess of exports
Total production
of exports
in excess
$19,000,000
19,000,000
$38,000,000
3,000,000
2,000,000
3,000,000
$180,805,505 $169,358,827
$350,164,332
General estimates put the stock of
1860
at
in
about $200,000,000,
coin in the country
of which about
This must have been all
generally received by bankers and others dealing $100,000,000 were visible.
in the precious metals as quite accurate. The
gold except the subsidiary currency. Starting then
Mint figures, prepared by Dr. Linderman, should, how¬ with the stock at that time, and adding the increase of
ever, be more reliable, as they are for the fiscal year gold as shown above, we shall, after deducting the
ending June 30, and are not issued until sometime after amount gone into manufacture, reach an approximate
the expiration of the year; hence there is time for fuller estimate of the stock of gold now in the country
investigation before issue. The Mint returns for the The Mint report gives the gold coin and bullion
past three years have been as follows.
in the country on June 30 at $244,353,390. A statement
made up from the above figures would have a large
Total,
Total,
Total,
Silver.
Gold.
Locality.
1876-77.
1875-76.
1877-78.
total. But where is it all, is the usual inquiry; for the
$
$
$
$
$
doubt implied in this question is very generally felt
California..... 15,260,679 2,373,389 17,634,068 16,000,000 18,077,500
Nevada
19,546,513 28,130,350 47,676,863 44,000,000 41,725,000
A few days since we met a
Colorado
3,366,404 5,394,940 8,761,344 7,500,000 7,292,000 among our financial men.
Montana
2,260,511 1,669,635 3,930,146 3,950,000 4,230,000 New
Jersey farmer—not a wealthy one, either—and
1,150,000
200,000 1,350,000 1,750,000 2,038,000
Idaho
392,000 5,208,000 5,600,000 5,425,000 5,850,000
Utah
800,000 1,540,000 falling into conversation with him asked whether he
Arizona
500,000 3,000,000 3,500,000
675,000
675,000
840,000 had
Hew Mexico..
500,000
175,000
“ Yes,” he replied, “ a very little. In
any gold.
100,000 1,100,000 1,100,000 1,500,000
Oregon
1,000,000
350,000
300,000 “I860 I had over
325,000
300,000
25,000
fifteen hundred dollars, and Jkept
Washington
Dakota
3,000,000 2,000,000 1,000,000
3,000,000
200.000
269,500
Lake Superior
100,000
100,000
it for several years, but finally, when the premium
Virginia
50,000
75,000
are
most
’
..
“
North Carolina
Georgia
...
Other sources.
Total
.
150,000
100,000
25,000
25,000
150,000
100,000
50,000
47,226,107 46,726,314 93,952,421
100,000
100,000
50,000
150,000
150,000
313,000
“
began to go down, I sold it all but one hundred
and
I have that yet.” How many other
84,050,000'85,350,000 New Jersey farmers have as large a sample ?
“
fourteen dollars.
.
January 4, 1879. J
THE CHRONICLE
NEW ARRANGEMENTS FOB OCEAN FREIGHTS.
A number of months ago, rumor
interpreted a
brief trip of Mr. Vanderbilt to Europe as
ship¬
freight by elevators
windows, and thence, by
means of
sidings connecting with our track, dump it
into our freight cars, which could transfer it to the
trunk lines outside the
city.” The cars which should
carry it away should be the ones to receive it, thus
avoiding transfer, and this plan could be only a substi¬
tute for a system of
improved docks connected with a
freight railroad ; nevertheless the suggestion is a fertile
sudden
meaning,
pers along our line to run up their
to their second or
third-story
an
arrangement for some new or closer connection with the
Central for
ocean
freights, and
have become true.
to
now
the
L
that those roads could
easily do freight business at night;
iC
it would be very easy,” said he, “ for down-town
rumor seems
The railroad
people are noncommunicative, but enough has been gleaned to make
it certain that an understanding of some sort has been
reached whereby the “Unicorn” line of
exclusively
freight steamers will run from the Central’s wharf at
Sixty-fifth street, North River, having a monopoly of
the business at that point. This
arrangement is the
one.
It is assumed by some that the
sequel to the construction of the Central eleva¬
Central, as the Penn¬
sylvania
road
was
obliged to do, has given the Unicorn
tor, and is an important although ta*-dy step towards
a removal
of the local obstacles to the commerce of line some sort of guaranty of freight ; but this does not
seem to us a warrantable
New York. Without the appliances for
supposition. The vessels exist
cheaply hand¬
and are looking for business; the
wharf is ready for
ling grain in the mass, Chicago could hardly have
become the grain-distributing centre. Boston, Phila¬ them ; and while there is, of course, some risk necessarily
delphia, and Baltimore, have for several years been connected with undertaking a trip, the risk is nothing
using the method, whereby the railroad car runs direct like that of organizing a new line. The vessels are
to the vessel and the
cargo is lifted on board at the rovers, and all they undertake to do is to run from the
minimum of cost; but New York has gone on in the old Central’s wharf at such intervals and to such
foreign
ports
as
business
requires. Undoubtedly a favorable
way of lighterage. Under this and other disadvantages
statement of the situation was made
which have made the passing of freight
by the road, and
through New
the aid of its facilities and influence
York bear a cost enormously large relatively,
promised ; but
there has
there is no reason to infer any definite
been some diversion of export trade,
guaranty, and, in
principally in grain.
As showing how far this diversion has gone, the follow¬ fact, one of the parties expressly says that the vessels
ing Government figures for several fiscal years are and the railroad are at liberty to discontinue the arrange¬
interesting, giving the percentage of the cities named ment at pleasure. There are differences, also, between
in the total trade of the country, the first column the Central’s position with reference to this city and that
being the percentage of the entire Atlantic coast (all of the other roads with reference to Philadelphia and
Baltimore. Both those have bound themselves
north of Florida) to the total:
closely
with the commercial growth of these cities
IMPORTS VIA
; both have
Atlantic
PhiladelBaltiNew
undertaken a comparatively artificial task—as
proven
Year.
Coast.
Boston.
more.
phia.
York.
1870...
82 98
10.28
by the fact that increased exports fail to increase im¬
318
4-22
63 58
1872....
83*40
10-83
3-18
4-50
65-68
ports—and hence both are under a necessarily heavier
1874
85 81
8 76
4 44
4'92
6j*3i bond in several
1875
86 49
928
437
ways to push the attempt through, in
503
66 55
1878
4 72
7-85
4 70
€5-4)
spite of cost, than the Central can ever be.
1877....
8 59
399
4-53
67-10
How the new arrangement will work must be left for
187i....
8-64
414
363
67 08
DOMESTIC EXPORTS FROM
time to show, for there are several factors in the case be¬
1870....
60-66
2 46
3 29
2-87
42 07
sides railroad competition.
For instance, the expected
1672...
69*83
3 90
3 82
3*34
49 24
1874
71 M
4 09
4-73
3*97
4911
length of the trips—14 days—-will put the new vessels
1875.
7556
4'54
443
4’28
5119
at some
disadvantage in respect to the more perishable
1 76
7244
5 59
6 24
484
45 69
1877....
6-32
673
5 79
freights as compared with the passenger vessels.
4451
The
74 85
6" 44
6 16
6 30
46-4)0
latter have consections and
arrangements with the Cen¬
These figures require no comment. The diversion of
tral, and several of them have their docks already joined
exports which they show is not alarming, but it would with that road by the “ Belt ” street-car track ;
some
have been larger but for the slowness with which trade have their own
agents in the West looking for freights,
currents change.
The effort, therefore, to remove this and, of course, the Central cannot undertake a
monopoly,
local embargo has been made none too soon. Trade but will deliver
merchandise as it is directed.
We can
natural
...
...
-
...
.
hereafter must be conducted
small
margins, and a start with the proposition, however, that east-bound
transportation charges, particularly freight will come to whatever city, and will leave this
upon cereals and other bulky freights, which must be city, by whatever line offers it on the whole the
largest
carried cheaply or not at all, is enough to
make the vital advantages. Hence, although there is no authority for
difference between trade which can be lost and that
affirming it, it seems as though the new arrangement
which cannot. With the streets narrow, the docks
bad, means that Mr. Yanderbilt has definitely decided to throw
the charges and restrictions connected therewith
heavy down the gauntlet, doing the best he can independently
and vexatious, and, to crown all, no better
appliance for for his roads and leaving his rivals to do what they like.
local handling than the cart and the
lighter, the cost and
Equal rates to the sea-board ” is an impossible condi¬
delay of getting merchandise across the city have been tion of such a plan. Free competition all
around, and
a burden no
longer to be tolerated. From these obstruc¬ increased cheapness as its result, must be the meaning of
tions relief can be obtained only
by bringing the trans¬ the movement, or else it can have no meaning. Whether
porting vehicles, which respectively move goods to this any more reckless war is to follow we do not venture to
port and carry them away, more closely together. - The predict. But it is well to remember that the Central has
introduction of elevators on special railroad wharves is not undertaken to take care of
New York, and that the
one step, but there are others
of
the
interests
remaining to be taken.
city form a sentimental claim which it is
One of these—a proposition similar to what was
frivolous
to keep urging. Mr. Vanderbilt is
long
looking after
ago urged in these columns—is indicated by a recent, his railroad property solely,
as everybody else looks after
remark of the president of one of the elevated
roads, his own. Of course his interests are largely concern ed
trifle
more or
on
less of
“
4
THE CHRONICLE.
with the
city’s prosperity, but they are not wholly bound
up with it, and it i9 useless to suppose that he is to view
this or that question, first and foremost, as to its prob¬
able bearing upon the prosperity of New York. If cities
and railroads cannot have the sense to compete without
running competition into the killing sort which hopes the
others will break down first, then experience must teach
them.
Such
however, is no more necessary
wise, for they can do what we all do in our
private ways—the best they can for themselves in the
open field.
a
course,
than it is
THE SOCIAL PROBLEM—PARKE
THE
At
the
GODWIN AT
COOPER INSTITUTE.
meeting of the Workingmen’s Lyceum, held in
Cooper Institute on Monday of last week, Mr. Parke
a
Godwin delivered
tive lecture
an
able, interesting,
as
well
as
instruc¬
what is
regarded by many as the great
question of the day—the mutual relations of capital and
labor.
On such a subject Mr. Godwin is well qualified
to speak.
He is an historian and a publicist, and in both
capacities he has made his mark. It is natural, there'
fore, that importance should be attached to what he has
to say on what he is pleased to call “ The Social
on
Problem.”
The
lecturer, it appears, confined himself to one par¬
of the general question, namely, in what
way the productive forces of society can be applied so
as to realize the
greatest amount of good for the largest
of
mankind.
We cannot say that this ques¬
proportion
tion has as yet received a final or even a satisfac¬
tory answer. Many have been given; some from
the standpoint of religion, some from the
standpoint
of morals, and some from the standpoint of
poli¬
tics.
The moral and religious solution is substan¬
tially the same; and, being based on the prin•ciples of equity, it has much to recommend it. But
hitherto it has not been found practicable; and, human
nature remaining the same, there is, indeed, but small
chance that it will be more practicable in the future. rI he
political solution, which would make the State the regu¬
lator of industrial enterprises, finds many supporters.
Such an arrangement, however, would bring about more
and greater evils than those'it sought to remove. There
is yet the economic method, on which Mr. Godwin dwelt
at great length, and which, it is evident, from the tone
of his remarks, more than any or all of the others, com¬
mands his approval. In the economic method, however,
as he describes it, there is
nothing new. Workingmen
have combined, have formed their own fire, life and acci¬
dent assurances, have founded
co-operative enterprises
of various kinds, have controlled their investments and
shared in the profits; but the history of such
co-operative
associations in England and in these United States has
been far from encouraging.
In the general case, they
have offered fresh opportunities to the men who were more
active and more daring than the others. The manageticular aspect
[Voi. XXVIIL
petition always offers advantages, other things being
equal, to the man who commands the largest resources.
Competition was not, therefore, an unmixed good. It
had brought evils in its train. One of these, the fruit
ful parent of many more, was the system of credit—
a
system by which promises to pay had come to be
regarded as equal to money, and which was mainly to
be held responsible for the financial disasters of the last
hundred years. The accumulated debt of the world of
civilization to-day, Mr. Godwin tells us, amounts to at
least $32,000,000,000. As this debt can never be
paid,
it is funded. This funded debt has, therefore, he stated,
created a special class of fund-holders, to whom at least
$1,600,000,000 must be paid in the shape of interest.
In this funded debt, in this fund-holding, non-producing,
non-working class, Mr. Godwin finds the principal
of the many causes which have brought labor and capi¬
tal into conflict.
We might have no objection to this
statement of the case if the application was made
only
to some of the old countries of Europe.
As applied to
the United States we cannot
accept it as a statement of
Mr. Godwin
truth.
which is
quite
seems
to
have fallen into the
error
thoser who treat of the
question on this side of the Atlantic
He appears to take it for granted that the conditions of
social life are the same here as in Europe ; that there are
privileged and non-privileged classes here as in Europe ;
that the same gulf which yawns between capital and
labor in the Old World yawns between capital and labor
in the New.
It is a serious as well as a radical error, for
the teachings which are naturally deduced from it, while
they would be pertinent and proper there, .can only be
regarded as erroneous and pernicious here. That the
bloated ” bondholder is a fact, a
living reality, and
that there are numerous specimens of the same in some
of the countries of Europe, is not to be denied.
But
such specimens of humanity, if they exist at all, are ex¬
tremely limited in number on this side of the Atlantic.
We have some really rich men in the midst of us; but
socialistic
common
among
labor
or
#
“
how
The
few
of
them
are
inactive
or
non-producing?
who works with his pen, or keeps busy half a
dozen secretaries and twice as many telegraphic
operators,
man
is
surely quite as truly a workingman as he who hammers
the anvil, or he who carries the hod.
It is the dis¬
tinctive feature of American life that we have no
privi¬
leged and no idle classes. We are not divided into two
classes—the one offering labor for money, the other
offering money for> labor. On the contrary, in the great
mass of cases, labor and
capital are represented in the
same
person. The man who works is the man who owns.
on
The
man
who
owns a
the interest. We
bond is the
man
who works and
all, either now, or aiming or ex¬
pecting soon to be, bondholders or landholders, and hence
as much
opposed to riot and revolution, and as firmly
earns
are
resolved to maintain order and preserve
the peace, as is
any ducal owner in England.
It is because this radical
distinction between the condition of the people here and
the condition of the people in Europe is lost sight of
ment has fallen into the hands of the
capable and trusted that so many foolish things are said and done by those
few; and the final result has almost invariably given a who
ought to know better.
fresh illustration of Darwin’s favorite doctrine of the
“
survival of the fittest.”
Mr. Godwin’s historical studies enabled him
sent
with much
to
pre¬
RETROSPECT
OF
1878.
In many respects the year 1878 was one of the most
remarkable which lias yet occurred in the'financial
clearness, force, and beauty, the slow,
history
steady, but finally triumphant efforts by which industry of the United States, At the close of the year there was,
emancipated herself from the bondage of the dark ages. upon the whole, a fairer prospect for coming prosperity in
He is not so happy, however, when he
begins to deal commercial and financial affairs, than there had been. at
with the real difficulties of the labor question as it
pre¬ the close of any year since the crisis of 1873.
In Decem¬
sents itself to us in these times. 1
According to him, com ber, 1878, the commercial failures in New York city
January 4,1879. j
THE CHRONICLE.
5
involved liabilities of about
$1,850,000,
in December, 1877, of about
$8,000,000.
In taking a general view of the
against liabilities 'to the action of Congress is given merely as a
part of the1
year’s history, and without political bias or intent to
leading events of the impugn the good motives of members of the National
year we find that the money market was easy
through¬ Legislature. ' To a careful observer of the course of finan¬
out; the prolonged discussions in Congress on the Silver cial affairs
during 1878 it is apparent that the cloud of
bill and other financial measures exerted a
malign uncertainty projected into the business horizon by
the
influence; the movement of the crops of 1877 and 1878 transactions in
Congress
throughout the first half of thewas
very large, furnishing the basis for an increase in year
formed the most potent influence of that period.
railroad earnings and a remarkable excess in
There was a large decline in the
foreign
prices of many articles
exports over imports ; the number and amount of mercan¬ of domestic
produce, and the table below shows that
tile failures in the first
eight months of the year were far cotton, corn, wheat, pork, wool and iron fell off to abnor¬
in excess of 1877, and culminated with the
repeal of the mally low prices. The export movement in all of these
bankrupt law which took effect on the first of September; was heavy, but not sufficient to clear off the
surplus left by
sales of railroad and public lands in the first six months of
two successive
years of abundant yield.
The full influ
the year were large beyond
precedent; yellow fever pre¬ ence felt and to be felt from the immense out-turn o
vailed in the South with a virulence
previously unknown, domestic products in the two years 1877 and 1878 had not’
spreading into the leading cities and villages of Louisiana, been fully realized. The results of
agriculture, including
Mississippi, and west Tennessee; a large decline in prices live stock and
provisions, and of mining, including the
of many important articles of domestic
produce was precious metals as well as coal and petroleum, were of somarked during the
year; depression and uneasiness occur¬ large a volume as to force down
prices; and in some in¬
red in England after the failure of the
City of Glasgow stances to the lowest point reached in many years. This
bank on the second of
October; the U. S. Treasury sold furnished cheap food, clothing,
fuel and lights to the work¬
for resumption purposes
$50,000,000 of 4J per cent bonds ing man, while the producer,
carrier, and commission mer¬
through a syndicate, and also sold through popular sub¬ chant should have
reaped a fair profit from the greater
scriptions about $130,000,000 4 per cent bonds for the
quantity of produce handled, although at the lower prices.
redemption of five-twenties
;
November
accepted
were
as
the general elections in
a practical defeat of the
The number and amount of mercantile failures in
the
first eight months of 1878 was much in excess of the
greenback and silver inflation element in politics; gold same
period of previous years. This nominal increase was
declined to par in New York on the 17th of
December, undoubtedly owing in part to the fact that the repeal of
1878, after ruling at a premium since the early part of the
bankrupt law took effect on the 1st of September, and
January, 1862.
many parties went into insolvency shortly prior to that
Before the opening of the
year 1878 influences had for date in order to avail themselves of the
provisions of the
some time been at work
which
calculated to restore
health to the shattered business interests of the
country.
The presidential question had been settled for another
four
years and quiet was restored throughout the land; the
were
law.
The mercantile embarrassments
were
also increased
by the uncertainty in regard to financial affairs, caused by
the action of Congress above alluded
to, which put a
check upon healthy
activity in the markets. The changes
products had been proposed in the tariff and kept under discussion for months
yield of cereals, cotton, and other raw
of so large a volume as to stimulate trade in
many branches;
the exports of domestic
products were largely in excess of
the imports of
foreign goods, and specie shipments had
accordingly declined; money had been abundantly easy,
and at the same time the
elasticity in our currency laws
had permitted a
voluntary and healthy contraction in the
outstanding volume of Government legal tender notes;
gold was quoted on December 31, 1877, at 102J. In a
word, the country, on the 1st of January, 1878, was
waiting for a single element in the commercial situation,
to make a stride towards the
recovery of its prosperity.
That element was
merely the removal of uncertainty as to
the future of the
currency. The simple assurance that the
laws then
on
the statute books should remain
substantially
unchanged; that matters should be let alone, and the
steady progress already made towards specie payments
should be permitted to
go on uninterrupted, until gold
payments for legal tender notes should become an accom¬
plished fact on the date fixed by law—January, 1, 1879.
Under these circumstances, it was a misfortune
that the
great desideratum of the moment was
Congress, instead,
withheld, and
engaged for months in the agitation
of bills for the
repeal of the specie resumption act, the
unlimited coinage of silver dollars as a
legal tender, the
discontinuance of the further retirement of
and
was
other matters
of minor
greenbacks,
importance, but all
of
an
unsettling character. It was not until summer that the
uncertainty was finally terminated by the adjournment of
Congress after passing the modified silver coinage
law,
directing the coinage of $2,000,000 to $4,000,000
silver dollars per
month, and the law which stopped the
further withdrawal of
government notes.
This reference
were
also the direct
cause
of the failure of
some
houses
and of serious losses to others.
The
sented
foreign trade
an
far
excess
in
movement of the United States pre¬
the exports over
imports which
was
beyond the anticipations of the most sanguine. For
months ending with October 31 the excess of
exports over imports, taking merchandise and specie
together, was $234,653,751, against an excess of $97,191,438 in the same
period of 1877. This large balance
enabled the country to take back from abroad some
$100,000,000 or more, of its Government bonds, and
assisted the Treasury Department in
accumulating the gold
required for the resumption of specie payments.
A feature of the year
worthy of some attention was
the large quantity of
government and railroad lands sold
in the first six months.
A great proportion of these lands
were
sold to actual settlers, and the sales are
unques¬
tionably stimulated by the prevalent depression in mercan¬
tile business in cities, and
by the unusually large profits
which had been derived from
farming operations in 1877,
when the large crops,
cheap transportation, and good
prices received in consequence of the war in Europe,
enabled those engaged in
agricultural pursuits to show
larger net profits than they had obtained in many years.
The yellow fever raged in the South in
August, Sep¬
tember, and the first half of October to an extent which
went far beyond
anything in previous experiences of that
malignant epidemic. The principal cities and villages of
Louisiana, Mississippi and west Tennessee were subject to
its ravages, and the loss of life and
pecuniary damage by
the check put upon business were immense.
On the second of October the
astonishing intelligence was
the ten
THE CHRONICLE.
6
City of Glasgow bank had
failed with liabilities approximating £10,000,000,
This
institution had been regarded as one of great strength until
fV0L. XXVIII.
Legal
Net
Loans and
Discounts.
cabled from London that the
January.... *239,173,900
April
241,590,900
224,049,400
July
October
246,322,500
Jan. 1,1879.. 235,824,400
Specie.
Circulation.
Deposits.
$22,1*2,400
88,767,600
$19,657,800
19,912,300
19,941,000
19,617,800
19,576,700
$197,711,800
210,378,400
199,867,900
216,532,000
203,209,700
17,001,200
18,199,600
Tenders.-
$35,800,500
29.425,400
47,218,000
45,680,700
40,767,100
20,514,100
comparatively short period, surrounded as it was
THE MONEY MARKET.
by the proverbial safeguards which a personal liability of
stockholders has given to the Scotch banks; but a course
The course of the money market after the first week in January
of over-trading, too large advances on merchandise, was one of almost uninterrupted ease. Just at the opening of
accommodation to directors, and drawing bills against the year there was the usual sharp turn in money owing to local
causes incident to the large disbursements made here at that time,
nothing, finally brought the bank into a state of insolvency. an l about the first of
April there was an advance in money for a
Following the Scotch bank failure came the suspension of day or two, but with these exceptions the rate for money was
several heavy mercantile firms, and the financial outlook continuously low until the first week in October. At that time a
in London about the 20th of October was exceedingly slight flurry took place and rates were forced up to 7 per cent by
gloomy.
The Bank of England lost specie rapidly, and the withdrawal of gold from the market, but the speculative
advanced its discount rate on the 14th to 6 per cent., at manipulation was suddenly stopped by an order from the Secre¬
tary of the Treasury directing the disbursement of gold for
which it remained until the 20th of November,
it
within
a
when
went to 5
per
end of the
cent., and so stood until the
called bonds, on presentation, instead of waiting till the calls
In the last part of the year money was notably easy,
matured.
probably
the
The last quarter of the year showed a decided improve¬
Government throughout the year to keep money abundant and
ment in the tone prevalent in commercial and financial
stimulate subscriptions to the 4 per cent bonds, and the heavy
circles.
Mercantile failures decreased very much after
balances left on deposit with banks probably bad much to do
September 1 ; the yellow fever was checked by the middle with the exceedingly easy condition of the market.
of October ; the Fall movement of crops was very heavy ;
The following table will show the rate for call loans and for
the elections early in November were accepted as a prac¬ prime commercial paper in each week of the year :
tical defeat of the paper money and silver inflation element
Prime
Week
Prime
and such low rates in November and December had
year.
never
been known in this market.
It
ending
Week
politics, embracing the “National-Greenback-Labor”
party ; and finally there was a confident assurance that
specie payments would be resumed on the first of January,
1879, which resulted in a disappearance of the premium
ending
Friday—
in
gold bn the 17th of December, 1878, when gold and
United States legal tender notes were quoted at par,
on
The
following summary shows the condition of the New
York Clearing-House banks, the premium on gold, rate of
foreign exchange, and prices of leading securities and
articles of merchandise, on or about the 1st of January in
each year, from 1876 to 1879, inclusive:
STATISTICAL SUMMARY ON OR ABOUT JANUARY
1879.
1878.
1877.
1876.
Loans and discounts. $
239,173 900
253,328,600
22,122,400
19,657,800
197,711,8 0
35,300,500
7,994,950
33,049,100
15,268,700
212,461,100
34,975,100
14,909,525
7-# P. d.
5-6#
102#
6-7
5-6
5#-6#
107#
6#-7#
Money, Gold, Exchange—
Call loans..
Prime paper
Gold
Silver in London, $ oz..
Prime sterl. bills 60 days.
4-7
4#-5
100
49#d.
4 82-4
United States Bonds—
82#
6-20 bonds, ’67, coup
6s, currency
102#
10-40s, coupon
108#
104#
119#
4#s, 1891, coupon
4s of 1907, coupon
99#
Bail/ oad Stocks —
N. Y. Cent. & Hud’.
114#
22#
Erie
Lake S. & Mich. So
69
Michigan Central
Chic. Kk. Isl. & Pac
Illinois Central
Chic. & Northwest, com.
Chic. Mil. & St. P. com.
Del. Lack. & West......
Central of N. J
Merchandise—
Cotton, Mid. Up., $1 B>..
Wool, Am. XX $1 11)
Iron,Am. pig, No.l,$ ton
WbeatjNo.2spirng,$) bn
Corn, West, mix, $ bu«h.
Pork, mess, # bbi
...
73#
120#
80#
£0#
37#
43#
33#
9 7-16
30-36
16 50-18 00
96-93
44-48
710-7 20
54d.
4 82-4 82#
15
“
22
29
4
4
“
105#
118#
107#
103#
101#
4
-
103#
8#
61#
62
100#
74
35#
36#
51
13X
11 5-16
33-47
18 00-19 00
1 30-1 33
55-58
12 25-12 50
204,578,100
39,924,900
9,013,675
55# d.
83#-4 84
4 84#-4 85
119#
122#
113#
121#
113#
108#
4
6
5
4
4
3
3
April
5
“
“
“
12
19
26
-
May 3
“
“
..
10
17
24
2
2
2
2
2
1
31
“
14...
“
21
.
....
28
.'
©l-32p.d.
© 7
© 6
© 6
© 5
© 5
© 4
© 4
© 4
© 3#
© 3
© 3
118
....
There
mium at
98#
39#
35#
120#
37#
103#
15#
61#
59#
105
12#
13#
37-48
20 50-21 00
1 38-1 44
58-62
17 25-..
.
40-48
23 00-24 00
1 22- 1 27
58-73
20 65-21 00
The continued taxation of the banks, both local and national,
“
5
© 7
5
5
5
5
© 6#
© 6#
© 6#
© 6#
“
“
12
19...
26
Aug. 2
**
9
16
© 6
“
4#© 5
“
23
“
30
5
4#©
4#©
4#©
4#©
4#©
4#©
5
5
5
5
6
6
6
5#
5#
6
Sept. 6
“
©5#
© 5#
© 5#
3#© 5
3#@ 4#
3#© 4#
3#© 4#
3#© 4
3 © 4
25
1
8
“
15
“
22
“
29
Dec. 6
“
13
“
20
*•
27
“
.
.
8
©4
3
1
3
©4
©4
©2#
©2#
©3
©2#
© 2#
1
1
1
1
2
3
4
4
4
Nov.
4
4
I1 ^
© 2#
27
Oct. 4
“
11
“
IS
“
Paper.
3#© 4
3#© 4
3 ©4
© 2#
© 2#
© 2#
»-*
“
© 6
© 5#
1
1
1
13
20
“
© 6
.
Call Loans.
© 4
© 5
3#© 4
4 ©5
4 ©5
4 © 5
3
4
** coco
© 4
4
©5
©7
© 7
© 6
4 © 6
4 © 5
3 ©4
3 © 5
2#© 4
2>4© 6
2#© 4
3 © 7
4 © 6
.
©
4#©
4#©
5^©
5 ©
5 ©
5 ©
4#@
4#©
4 ©
4 ©
4 ©
5
6
6
6
6
6
6
6
6
5#
5#
5*4
5Vi
© 6
4#@ 6
very little interest in the gold market and the pre¬
time rose above 102#,’ which was the opening price of
was
no
before it
the presi¬
dent’s veto had but slight effect on the gold premium, as it was
plainly seen that the coinage of only $2,000,000 silver dollars
per month could not for a long time result in any serious infla.
tion.
The price of gold declined gradually until on the 17th of
December the premium vanished and gold and greenbacks were
exchanged at par.
the year.
The silver bill was so greatly modified
became a law that its final passage on February 23, over
105
L0#
9#
55#
42#
99#
62#
36#
SO#
73#
Friday—
July 5
Paper.
5 ©7
the policy of
GOLD,
18,791.000
CITY BANK MOVEMENTS.
,
4
© # p.d.
©7
© 7
© 6
© 6
© 6
© 6
© 0
© 5
© 5
©7
© 5
© 6
264,062,500
20,233,30)
113#
56# d
4
8
“
235,824,4f0
20,514,100
$
Circulation
19,576,700
Net deposits
$ 203,209,700
Legal tenders
$ 40,767,100
10,478,775
Surp. reserve Cover 25 £)$
4
4
4
4
4
June 7
Specie
and the
-
5
“
“
New York City Banks—
$
7
6
4
“
ll
“
18...
“
25
Feb. 1
“
8
“
15
“
22
Mch. 1
“
1, 1876 TO 1879.
Call Loans.
Jan.
"
was
FOREIGN EXCHANGE.
Foreign exchange ruled at moderate prices during the greater
part of the year, and only once or twice did the rates for demand
sterling reach the point which enabled bankers to ship specie at
The demand for bills for ordinary mercantile remit¬
far below the supply made by the heavy shipments of
produce, and except for the large amount taken by the importers
a
profit.
tances
was
of United States bonds the market would have had
maintain prices
support to
anywhere near their usual average. The amount
no
of Government bonds and other securities
brought home from
foreign countries during the year cannot be precisely deter¬
mined, but common estimates place it in the neighborhood of
$100,000,000. The return movement was heaviest in the early
months of the year, while the silver bill was under discussion in
Congress.
decreasing profits made in banking business, induced
of the larger institutions to reduce their capital, and the
reductions in New York city alone amounted to about $5,000,000
In the year. At the opening of the year the New York City
United states bonds.
Clearing-House Association had fifty-seven banks, with 67,935.000
In the early part of the year there was some depression in the
of capital, and at the close fifty eight banks, with
market
for goverments, owing to the discussion in Congress on
$62,707,900 of
capital, the Chase National, with a capital of $300,000, having the silver bill, and the unfavorable tone exhibited in regard to
commenced business during the
year,.
As showing the condition keeping faith with government creditors. Bonds came home
of the Now York Clearing-House banks at or about the com-r
freely from abroad and were readily absorbed here without
menoement of each quarter, and, at the close of the
year, the creating any such decline in prices as might have been anticipated.
following summary is furnished of their statements nearest to At this time the sale of new 4 per cent bonds had virtually ceased,
the dates named :
•
but shortly after the silver law had passed in its greatly modified
many
ANUARY
shape, there
4, 1879.]
THE CHRONICLE.
decided improvement, and in April
Secretary
agreement with a syndicate of bankers for th e
sale of $50,000,000 of 44
per cent bonds for resumption purposes,
was a
Sherman made
and this agreement was
speedily
and the proceeds turned into the
•'
factory, and the combination was not renewed for 1879, owing to
objections of the Lehigh Valley operators, and prices of their
stocks fell off
sharply in December. The business in railroad
an
then invited
the
carried out and the bonds sold
bonds in the last quarter of the
year was
Treasury.
Secretary Sherman
cent loan directly with the
and much of it
subscriptions to the 4 per
Treasury, and from the early part of July subscriptions were
made very freely, enabling
the Secretary to call in five-twenty
bonds to the amount of about
$120,000,000, the last call, dated
the 18th of
December, covering the last of the issue of 1865
of the United States 6
per
bonds.
ties
follows
Lowest.
6s, 1881
6s, 5-20?, 1865
6e, 5-20b, 1867
6b, 5-20s, 18^8
5s, 10 40'
—
Highest.
:
—Amount Jan. 1. ’79—
Registered. Coupon.
$21)0,001,750 $82,734,600
18,205,650
76,879.900
117,622,550 192,991,450
16,209,500
21,255,800
144,280,800 50,285,500
107% July 30 2-3,175,500 255,264,850
105% Nov. 27 164,715,750
85,284,250
102% Jan. 9 136,369,70
62,330,300
122% May 25.
64,623.512
coup. 105% Feb. 25 110% June 27
..coup. 102% July 22 105% June 6
coup. 104% Aug. 12 108% June 2?
coup 106% Jan.
2 111% June 28
coup. 103% Mch. 1 109% July 29
5°, funded, 1881....coup. 102% Feb.
coup. 101% Mch.
4s, 1G07
coup. 99% Oct.
6s, currency
reg. 117% April
4%b. 1891
25
1
3
5
was
✓
was
Chicago Burlington & Quincy.
Chicago Milwaukee <fe bt. Paul
comparatively little interest shown
city bonds, as there were few new developments
markets.
In Tennessee there
was
do
to affect the
entire indifference
adjustment of the State debt, and the
as
to any
most lib ral
propositions
from bondholders met with no
encouragement. The Virginia
bondholders in London made a
proposition in November for an
adjustment of the State debt by the issue of 34 and 4 per cent
gold bonds, but no definite conclusion has been reached at tbe
close of the year.
In regard to
do
pref
Chicago & Northwestern
in State and
do
do
Chicago Rock Island &
pief
..
Pacific
Delaware & Hudson Canal
Delaware Lackawanna & Western.
.
June
inclusive, witnessed
the culmination of the long depression
in railroad securities which set in after the
crisis of 1873. The
comparatively small
crops of 1876 furnished a light business to
the railroads in the first six months of
1877, and a decrease in
earnings from this cause and from the loss of passenger traffic,
compared with the centennial year 1876, made them show
large decline in earnings. But with July, 1877, a
recovery in
railroad securities set in, which was maintained with
only tem¬
porary interruptions during the balance of that year and
through¬
out 1878.
There were no such general
speculative movements in
the year under review as those which occurred in
the previous
year, and the sharp fluctuations which were noted in
prices took
place more in respect to particular stocks or groups of the same
class of stocks than in quick bear or bull
movements of the
as
a
whole market.
In the latter part of
112
29% Feb.
annual statement of railroad
Mr. William H. Vanderbilt
as
lowest prices of the year.
jus
In
between the seaboard and the
the year was in the election of
president of the Michigan Central
Railroad, which, with his control of the Lake Shore and Canada
Southern, placed under his management every line from
Chicago
eastward, north of the Pennsylvania railroads leased
lines, and
leaving the Canada roads without Western connections. An im¬
portant conference of railroad officials was held at
Saratoga in
August, at which Mr. Vanderbilt’s peace policy was proclaimed.
The combination
among
the Anthracite coal mining and carry¬
ing corporations was maintained through the year, and served to
keep up the priceg of their stocks, but coal business was unsatis-
77
15
5 131
79
73%
74%
92%
109%
11%
26%
Feb. 25
37
5
15%
33%
130
Nov, 11
h'
Mch. 20
Oct. 31
Oct. 25
84%
105
May
8
Feb. 25
Nov. 8
Feb. 25
60%
59%
90
24
45
June 15
construction which sup¬
Miles.
States, 1878
2.6S8 Total in Unitod States, 1874
2,025
States, 1877
2,281 Total in United States, 1873
3,88’i
1876
Total
States,
in United States, 1872
2,460
7,340
States, 1875
1,561
The distribution of the new construction
among the several
States and territories and
groups thereof for each of the paBt
three years is given in the
following tables :
....
....
MILEAGE OF NEW RAILROAD CONSTRUCTED
IN
EACH
FOR THREE YEARS.
1876.
0
0
0
49
Alabama
Alaska
Arizona
Arkansas
California
Colorado
....
Connection*...
Delaware
Florida
.
1877.
1%'
344%
154%
7
0
0
0
42
0
58
Dakota
...
Georgia
.
stocks of the companies
69%
105%
74%
Miles.
Total in United
Total in United
Total in United
Total in United
..
the'Northwestern States, and the
named fell off very
sharply to the
regard to the trunk line railroads
West, the important movement of
Jan.
12% June 26 23%
61% July 31 73
75% Feb. 13 102
98
Jan
8 109%
46
Aug. 2 52%
44
Aug. 7 51%
82^4 Jan. 7 99%
9% Nov. 11 19%
.
plies the following:
the year, however, there Idaho
general tone of strength throughout the whole market, Illinois
Indiana
and the year closed with
very strong prices. In the early months Indian Ter....
Iowa—
of 1878 there was much dullness in
stocks, and prices were com¬ Kansas
paratively low. During the second quarter there was much more Kentucky..
Louisiana
animation, and prices made a considerable advance up to and Maine
Maryland..
including the month of July, when high figures were reached. Massachusetts
Both tbe prominent railroad
companies of the Northwest—the Michigan
Minnesota....
Chicago & Northwestern and the Chicago Milwaukee & St. Paul— Mississippi...
paid dividends on both classes of their stocks, and all tbe
prin.
cipal grain carrying roads showed earnings far in excess of tbe New
July and August it becami apparent
damage to the wheat crop in some o
37%
118%
42%
73%
43%
Railroad Construction in 1873.—The Railroad Gazette gives
its usual
was a
first six months of 1877. In
that there had been^erious
High
..
RAILROAD AND MISCELLANEOUS
SECURITIES.
quarter of 1877, from April to
1877.
*
98% Jan. 15 122 Dec. 31
34% Dec. 9 59% July 10
41
Dec. 28 61% July 10
Erie
7% Jan. 5 22% Dec. 31
Hannibal & St. Joseph.
10
Feb. 28 16% Nov. 13
do
* pref
do
21% Feb. 28 41% Nov. 11
Illinois Central
*
72% Feb. 14 87 July 11
Lake Shore
55% June 29 71% Dec. 31
Michigan Central
58% Jan. 3 75 Dec. 31
Morris & Essex
67% Feb. 2? 89 June 10
New York Central & Hudson River....
103% Feb. 11 115 Sept. 5
Ohio & Mississippi
6% June 29 11% April 15
Pacific Mail
*
12% Dec. 7 23% Jan. 16
Panama
city debts, there were very few new bonds issued Wabash
Union
except for the redemption of other bonds
falling due, and the WesternPacific
Union Telegraph
best classes of city bonds ruled
very high in the market.
The Adams Express
American "Express
most notable transaction of the
year was tlie subscription by United States
Express
Messrs. Drexel, Morgan & Co. and their associates for
the New Wells, Fargo & Co
Quicksilver
York city 5 per cent
gold loan of $6,900,000 at the price of 105.28.
do
pref
In the market for railroad and
miscellaneous stocks and bonds
the record of tlie year 1878
presents a striking contrast to that of
its predecessor, 1877.
The second
Range for
Range du ing 1878.
Highest. 13% Jan. 2 45% July 11
99% Feb. 28 114% July 15
27% Sept. 2 54% July 8
64
Oct. 14 84% July 9
32% Aug. 10 55% April 17
59% Feb. 9 79% July 11
Lowest.
Central of New Jersey
STATE AND CITY BONDS.
There
calling in
cents., the demand for railroad securi¬
greatly stiniulated, and prices advanced very rapidly,
closing the year at the highest figures made for a long time.
The range in prices
during 1878 and 1877 of the most active
stocks sold at the New York Stock
Exchange is shown in the
table below, as well as the date when the
highest and lowest
point was reached in the year first named.
The range in prices for the
year 1878, and the amount of each
class of bonds outstanding Jan. 1, 1879, were as
-Range during 1S7S
large beyond precedent,
speculative account.
A general confidence in
railroad property had been
growing ever since the turn towards
prosperity, which began with August, 1877, and with th6 rela¬
tively high interest paid on railroad bonds, the low rates of inter¬
est on government, State and
city bonds, and the rapid
on
22
0
30
7*
235%
71%
123%
3%
193%
55%
24
0
72%
2
96%
76
lc8
0
20
15
5
46
34
10
0
15
6
0
62
125
103
74
0
165%
84%
28%
255%
169%
2
0
0
0
0
20
5%
17%
55
244
0
1876.
Missouri
Montana
Nebraska
tv evada
N. Hampshire.
New Jersey...
New Mexico..
New York
N. Carolina...
Ohio
0
0
0
r-9%
151%
1*9*
0
0
13
9%
84
31%
43
275
0
Or gon
27
269
0
Pennsylvania.
Rhode Island.
S. Caroina...
Tennessee....
7%
387%
0
0
Virginia
Washington T
20
62
5
123%
0
-
Total
2,450
188%
0
16%
10
118%
0
0
16%
52%
50%
0
0
W. Virginia..
86
71
10
....
16
97
119%
9%
48%
21%
168%
9
17
Texas
Utah
Vermont
1873.
209
0
55
0
35
3
0
52
...
6
Wisconsin....
110% Wyoming T..
338% 1
26
1877.
36
0
69
209%
16%
15
16%
83%
0
—
—
2,581
2,C83
RECAPITULATION BY 8ECTIONS.
1872.
England [a]
198
1.010
244,
Middle States [6]
South Atlantic States [c]
Gulf States \cC\
South Interior [e]. ...
North Interior [/]
Northwest [g]
Far West Interior [A]....
Pacific States [ij
Total.....
1878.
0
0
0
0
0
13
0
0
STATE AND TERRITORY
~
530
535
...1,210
3/86
..
1873.
282
541
261
394
464
452
1874.
129
387
144 1
138
49
400
1875.
114
437
32
34
31
1S76.
50
259
114
398
197
1877. 1878.
119
41
352
333
92
111
185
167
70
,849
53
273
166
357
202
180
393
550
678
154
345
1,235
148
827
288
122
2,025 ■ 1,561
2,460
2,281
2,688
1,130
509
180
317
224
122
135
147
7,340
3,883
New England includes Maine, New Hampshire, Vermont,
Massachusetts,
Rhode Islar a and Connecticut.
b The MiddU States include New York, New
Jersey, Pennsylvania, Dela¬
ware, Maryland, and the District of Columbia.
c The South AUantiz States include
Virginia, North Carolina, South Caro¬
lina and Georgia.
a
•
d The
e
Gulf States include Florida, Alabama, Mississippi, Louisiana and
In the South Interior
are
included Indian
Kentucky and West Virginia.
Territory, Arkansas, Tennessee,
f The North Interior includes Ohio, Michigan and Indiana.
g The Northwest includes Illinois, Wisconsin, Minnesota, Iowa,
Missouri,
Kansas, Nebiaska and Dakota.
h The Far West Interior covers the district between Texas and
west and the Pacific States.
‘
i The Pacific States are California, Oregon and
the North¬
Washington Territory.
61
95304782231
THE CHRONICLE.
8
PRICES OF GOLD AT NEW YORK FOR EVERY DAY IN THE YEAR 1818.
[Compiled from all sales at the New York Stock Exchange.]
Day of
month. January.
1.....
Holiday.
2.., .. i02%-i02%
8.... io2%-io-2%
126423..
4.
io2%-io2%
1U2%-102%
• • • •
s.
7.....
8
9.....
10.....
11....
12
102%-102%
102% 102%
102%-102%
102%-1C2%
302%-102%
102%-102%
S.
15.....
16
102
17..;..
18
s.
ioi%-ioi%
101%-10!%
101%-101%
1G1%-101%
ioi%-ioi%
101%-101%
s.
•
March.
10:%-102
101%-102
101%-101%
102
102
101%-101%
301%-101%
-102%
-102%
101%-102%
102 -102%
102 -102%
S.
8.
-102%
iO'2%-102%
102%-102%
102 -102%
101
101
101%-102
U'1%-101%
101V-10,%
101%-102
H oliday.
102
-102%
101%-101%
101%-101%
101
101
-101%
-10:%
101%—101%
s.
101%-102%
101%-102
101%-101%
101%-101%
101%-102%
102%-10*%
101%-102%
101%-101%
Month. 101%-102%
1Q1%-102%
101%-101%
-101%
101
101
-101%
101%—101%
101%-101%
100%-100%
10u%-100%
100%-10C% 100%-101
100%-100%
ioi
100%-100%
1C0%-1C0%
100%-10 %
100%-ltil
100^-100%
100%-100%
January.
60 r
100%-100%
8.
100% 101
100%-100%
100%-100%
1CO%-100%
s.
.
100%-100%
1C0%-100% 100%-100%
8.
100%-100%
100%-100%
100%-1C0%
1C0%-100%
1C0%-102
100%-101%
101
101
100%-100%
8.
100% 100%
100%-100%
100%-10C%
100%-10C%
100%-100%
10C%-100%
-101%
-101%
Holiday.
101 -101%
8.
1C0%-101%
3
March.
60
3
February.
bO
3
April.
60
1C0%-101
.
8.
100%-100% 100%-100% 100V-100%
10)%-1CO% 1CO%-100%
Holiday.
s.
100%-100% 1(0*4-100%
100%-100%
3.
300%-] 00% 100%-100% 100%-100% 100%-ll)0%
8.
100%-100% 10 %-100%
100%-100% 100%-100%
100%-100% 100rt-l(0rt irox-100% 100%-100% 100%-100%
s.
100%-100% 100*4-100% 100% 100% 100%-ld
8.
100V4-1C0V4
m-%-100% 100%-101% 100%-100%
100%-100% 100%-100% 100%-100% 101 -101% 100%-100%
8.
100Vi-100% 1CO%-100% 100%-100%
100%-100%
8.
100%-100% 100%-100% 100%-101% 100%-10(;%
8.
100%-100% 100%-100%
100Vi-100% 100%-100%
100%-100% 100%-100% :oo%-ioo% 100%-100% 100%-100%
100%-100% 100%-100% 100%-100% 100%-100%
8.
8.
100%-1 C0%
100%-100% 100%-100% 100%-100%
ioo%-ior% 10P%-100% 100%-100% 100%-100% 100%-100%
s.
100%-100% 100%-100% 1G0%-100%
100%-100%
8.
100%-100% 100%-100% 100%-100% 1GO%-100%
100*4-100% 100%-] 00%
100%-100% 100%-100%
100%-100% 1C0%-100% ioo%-ioo% 100%-100% 100%-100%
100%-100% 10U%-100% 100%-100% 100%-100V4
s.
s.
100%-100%
100%-1C0% 100%-10u% 100%-100%
100%-1(0% 100*4-100*4 10U%-100% 100%-100% 1C0%-100
s.
100%-1C0% •300%-100% 100%-100%
lOf'%-100,
s.
Ho iday.
100%-100% 100%-100% 100%-10C%
s.
100%-100% 100%-100%
1C0%-100% 100%—1 (‘0%
100*4-100% 1Q0%-10C% 100%-100% 100%-1CO% 1C0%-100%
100%-100% 100%-!CO%
100%-10.%
100%-100%
60
100%-100%
100%-1CC%
100%-1C0%
100%-100%
100*4-100%
100%-101%
100%-100%
£5.
4.89%
4.89% 4.86% 4.89
S.
4.86% 4.89
4.87
4.89% 4.86% 4.89
4.86% 4.89
4.86% 4.89
4.87
4.89% 4.86% 4 89
4.87
4.89% 4.8i% 4.89
’
'
;
4 87
4.87
£
4.89 %
4.89 %
S.
4.82% 4.84
4.85% 4.87%
S
4.81% 4 34% 4.62% 4.81% 4.86 4.88
4.86% 4.89
4.81/, 4.81% 4.82/, 4.84Vi 4.86 4.68
4.85** 4.89
4.82% 4.84Vi 4.86 4.88
4.81/, 4.84
S.
£ [.
4.86% 4.89
4.81% 4.84
4.89
4.J-7
4.82
4.89%
4.84% 4 82% 4.84% 4.37
G’d Friday.
4.82
4.84% 4.62/, 4.81/, 4.87 4.69
’
4.86% 4.89
4.86
4.83
4.83
4.81
4 83
4.8-3
S
4.85
4.86
4.81 Vi 4.84
100%-100%
S.
100%-100%
100%-100%
:oo%-ioo%
100%-100%
100%-100%
Lowest
Closing.
^ February—
Opening
s.
4
100%-100%
,
100
-100%
100
100
100
ICO
-100*
-100
-100
-100
s.
100 -100
100 -100
Holiday,
100%-100%
100
-100
-ICO
100
-100%
Closing
4.88Vi 4-00% 4.87*4 4 90
4.84% 4.86% 4.86% 4.69
4.83 Vi 4.86
Holiday.
4.64
4.86
4.8b Vi. 4.83
4.86
8.
4.89% 4.85
4.83% 4.86
Opening
Lowest
Closing
AprilOpening
Highest
Lowest
Closing
5-SOs, coup.—.
coup. ’65, n. 1867. 1868.
6s, ’81,
..
..
..
..
106%
106%
106%
102%
103%
102%
102%
106%
103
103%
..
..
..
105%
105%
102%
103%
105%
107%
105%
106%
106
109%
105%
105%
106%
108%
10-40s, 5s,’81,4%s,’91, 4s,
coup.
coup.
coup. coup.
107%
308%
107%
105%
106%
105%
105%
103%
104%
103%
303%
103%
105%
106%
108%
108% x104%
108 Vi 104%
103%
105
109
1C8
106%
103
103%
102%
105%
108%
106%
103%
105%
103%
105%
108%.xl03%
103
107%
105%
107%
109
105%
103%
105%
104%
103
103
101%
104%
103
1M%
107%
104
197
109%
no%
109%
105%
104%
107%
107%
105%
104%
10i%
104
l or
110
146
1 5%
106
..
105%
104%
103%
..
107%
1C4%
107%
104%
..
..
..
4.83*4 4 65
,
'
Holiday.
4.82
4.86%*
4.61% 4.86% 4.82% 4.87^
4.85% 4.80% 4.85% 4.82% 4.87*
4.85%
S.
4.81
4.81
4.86
4.80% 4.85
4.81
4.86
4.80% 4 85
4.80
S.
4.84%
4.79% 4.84
4.81% 4.86%
4.79% 4.84
4.81% 4 86%
I
S-
4.83
4.83
4.83
M.S7£,
4.87% 1
4.87%,
4.83% '4.88
S.
4.81% 4.86% 4.33% 4.83 3
4.82
4.78% 4 84
4.86% 4.83% 4.88f '4
4.79
S. -.
j
4.84% 4.82 4.66%
4.79% 4.85% 4.82
4.86% 4.63% 4.88
4.83% 4.88%
4.80
4.86
4.32
4.86% 4.83% 4.88%
4 86
4.80
4.82
4.82% 4.87
4.66% 4.83% 4.88%
S.
4.62
4.82% 4.87
4.86% 4.83% 4.88%
4.87
4
82
4.82%
4.80% 4.86%
4.86% 4.83% 4.89
8.
4 4.81
4
4.67
8.
82% 4.87
4*1
4.82/, 4.87
4.82 4.88
4.82% 4.87
4.83% 4.89
4.82
4 86% 4.82
S.
4.68
4.83% 4.89
4.82
4.86% 4.82Vi 4.88Vi 4.82Vi 4.87
Holiday. ’
4.82
4.86*4 4.82% 4.88% 4.82 4.86% 4.83 4.88*%
" 4.82 4.86% 4.83 4.88*%
S.
9.81% 4.86
4.61 Vi 4.86
4.82Vi 4-83*4 Holiday. 4.83 4.88%
8.
'
4.82-4 4-88% 4.62 4.86%
S.
4.79% 4.85%
S.
f
.
4.83%
4.88% 4.81% 4.86
4.82% 4-88% 4.82
4.82% 4-83
4.88*4
v-
4.86
days. days. days, daysx
4.82% 4 88
4.62% 4.83
4.82^4.86^1
S.
4.62
4.80%1
4.82
4.87% 4.82 4.80%
4.86% 4.82
4.87%
4.82
4.87%
4.89% 4.84
4.82% 4.36
4.88 % 4.82% 4.88% 4.82% 4 88
4.83% 4.89 ■*
4.61% 4.86 >78% 4.84
4.80%_4.85% 4.82^4.86%
101%
102%
301%
102
Cs, ’81, /—5-20s( coup'—, 10-408, 6s,'’81, 4%s,’91, 4s,
coup. ’65, n. 1867. 1868. coup.^ coup. coup,.coup,
6s,
118%
119%
118%
119%
JulyOpening. >..
:r!07% x!02% xl05% xl08
Highest........ 107% 102% 106% 108%
...
109
Lowest
107
102%
Closing
J07X
102 Vi
109%
105% 107% 103%
105% ,108% .109%
Opening
107%
102/,
105
Lowest
108%
107%
102%
102%
105%
104%
108
108
103
Closing
108%
102%
105%
103
108%
108%
105%
105%
105%
107% xl06%
107%
107%
102%
102%
102%
102%
105%
Opening
107%
103
I/OWfCt
1*%
107%
108%
103%
102%
^
107%
107%
106%
107%
6s.l
cur.]
xl00%’^120%
100% 1-^0%
104% 100% 1-20
104%
1' 4%
104%
100% .120%
102%
102%
301%
102
118%
119/,
118Vi
119%
108%
109
X10!%
101%
101%
100%
101%
319
119
138
118
300%
300%
117%
119%
100%
117%
119%
Highest.
SeptemberOpening
Highest
Lowest
Closing
4
109% xl06%
109% 106%
108% 106
108% 106%
104%''100%'
105
104%
104%
100%
100%
100%
120%
120%
119%
120%
119%
105%
103%
300%
100%
100/,
100%
106
103% x99%
106%
104
100%
107%
306%
106%
105%
105%
102%
119%
120%
119%
108
106%
106%
104
100
120%
106*4 x!05
104
ICO
107%
306%
106%
105*4
100%
105
104
100
105%
100%
103
106%
107%
108
306% x1P3%
106% 103%
105% 103%
107%
106%
105%
107%
106%
105%
108
102%
106%
108% 103%
106%
108/,
106%
109%
105%
108%
109%
119%
119%
119%
105%
103%
1(8%
302%
1H%
100%
Highest
Closing
November—
.
..
.
..
107%
ias%
107%
108%
103%
106%
109%
105% b104%
106*4
109%
109%
107%
105%
i°4%
303%
104%
103%
107%
109%
107%
105#
104%
!07%
110
11 %
110
107%
105% x!03%
107
304%
105% 103%
107
104%
1<*4%
103%
104%
107%
104%
110% 105%
104%
110% 105%
105%
100%
319%
103%
122
100%
101%
119
Lowest
109%
108%
122
Closing,........
105%
Opening.
Highest
108%
103%
103%
106*
107% 106%
.
121%
122
]£!*
122
December—
.
-
Lowest
Closing
'
cur.
June-
Highest
►
4.84
4.84
4.84
December.
60
3'
October..
Lowest
Opening
4.86
4.66
4.86
4.81
’
August—'
Opening
Closing
^83,
*4.86
4.88%
86% 4.63
4 84% 4
May-
Highest
‘4.83
November.
'60
3
3
days. days.
4.81
4.85%
4.81
4.85%
4.81
4.85%
4.81
4.85%
4.89% 4.62% 4.87
S.
'
4.89%
4.8 % 4-62% 4.87
4.85
4.69% 4.82% 4.87
S.
4.82% 4.87
4.85
4.85
...
4.87
60
3
4.65
’4.83%
March-
Highest
S.
4.85
4.89%
4.85% 4.87% 4.83% 4.86% 4.85 4.89%
4 86
S.
4.68% 4.85% 4.87%
4.81% 4.89
4 84% 4 83
4.85% 4.67% 4.83 4J6
4.85% 4.68
4.85% 4.68
4.86
4.85% 4.68
4.85Vi 4.87% 4.83 4.86
4.83% 4.88
4.86
4 83
4.83
4.85
8.
4.85Vi 4.83
S.
4.86
4.88
4.83
4.86
4.83% 4.88
4.86
4.84% 4.87
4.88% 4.83 4.S6
4.83% 4.88
4 83 Vi 4 86
4.86
4.88%
4 84
S.
4.88%
4.86
60
[Compiled from sales made at the New York Stock Exchange.]
Highest
Lowest
4.86
4.84
3
..
108%
103%
107%
103%
111%
109%
107%
109%
]
101% xll©
101% 120%
101% 19
101% 120%
Ooenlug
Lowest
Closing.
109%
103%
103%
103%
109%
108%
10P%
300%
nigbeet
.......
106%
106%
105%
105%
109%
107%
109%
U8X
108
icny.
108%
108
106% xl04%
106% 104%
106%
101
106%
101%
:
100%-100%i
COURSE OF PRICES OF GOVERNMENT SECURITIES FOR THE YEAR 1878.
January—
Highest
4.84
4.82
4 8-% 4.85% 4.87%
i
'
4.82% 4.84% 4.87% 4.89% 4.87 4.69%
S.
487% 4.89%
4.84Vi 4.83 4.85
4.M%
Holiday. 4 87% 4.89% 4.67 4.89%
4.84% 4.83 4.85
4.87% 4.89% 4.87 4.83%
S.
8.
4.8?
4.89%
4.84%
4.83
4.85
4.8?/ 4.89% 4.87 4.89%
4.8)V4
4.65% 4.83% 4.85% 4.87Vi 4.89% 4.87 4.89%
4.84
S.
4.86
4.87/, 4.89% 4.87 4.89%
4 88% 4.90%
S.
4.85% 484 4.86
4 88Vi 4.90Vi 4.8?
4.85%
4.89%
4.83/ 4.99/ 4.87 4.89%
4.85%
tO
October.'
September.
August.
3
4.35% 4.87% 4.84
4.87
4.85% 4>8
8.
4 85% 4.88
4.63% 4.86%
4 88% 4.85% 4.87% 4.83% 4.86%
4.86
4 88% 4.85% 4.87% 4.83% 4.86%
4.66
S
4.85% 4.87% 4.83% 4.86%
_
S.
60
.
4.37
4.87
July.
3
days. days. days1. days. days days. days. days.
£1.
4.84% 4.86% 4.86 4.8s% 4.82% 4.86
8.
4 88% 4.63
4.86
4.66% 4.84 4.88%
4. 4% 4.86% 4.86
4.88% 4.83 4.86% 4.84 4.88%
4.85
4.87
8.
Hobday.
4.83% 4.88
4.65
4.87
4.65
4.83
4.63% 4.87
4.82% 4.87
4.85
4.87
4.85
4.83
4.83% 4.(7/ 4.82% 4.87
8.
4.85% 4.87%
4.83% 4.87% 4.82% 4.87
1
£[
4.85% 4.87% 4.84 4.87
4.33% 4.87%
S.
4.84
4.8?
4.83% 4.87% 4.82% 4.87
4.84
4.85% 4.87% 4.84 4.8?
4.88
4.82
4.86%
4.85% 4.87% 4.84% 4.87%
S.
4.62
4.66%
4 85% 4.87% 4.84% 4 87% 4.64% 4.88% 4.82
4.86%
4.85% 4.87% 4.84% 4.67% 4.85
4.89
4.62% 4.87
4.67
:
•
60
3
days. days.
4.89%
4.66% 4.89
4.88% 4.89
4.86% 1.69
.
:
.
June.
May.
3
•
High. 4.83
Low
s.
100%-100%
s.
101%-101%
-101
1QO%-100%
100 >a-100%
8.
;o'>%-ioo% 100%-100%
100*4-100% 100%-100%
100%-100% 100%-101
ioo%-ico% 100%-101
s.
1C0%-100%
100%-100% 100%-101
'
...
31....
101
100%-100%
100%-1( 0%
100%-100%
G’dFriday.
100%-100%
.
21.... 4.82
22... 4.82
23.... 4.82
24....
4.82
25.... 4.83
...
100%-101
100%-101
Holiday.
100%-100%
100%-100%
[Compiled from the quotations of leading bankers ]
20....
30
8.
100%-100%
If0% 100%
10u%-100%
5....
4.82
4.85/, 4.82/ 4.84% 4.84/, 4.86/,
6....
S.
4.82% 4.84/ 4J4% 4.86% f
7.... 4.82
4.8i% 4.82% 4.84% 4.84% 4.86%
8.... 4>2
4.65% 4.-2/, 4.81V4 4.84% 4.86/
)8
9....
.4.82
4
4.82% 4.84% 4.81% 4.86/,
10.... 4.82
4.8)
s.
£1.
4.8l%4.84Vi 4.82% 4.84% 4.85 4.87
4.81% 4 84% 4.82% 4.84% 4.85 4 87
27
23....
29....
-ioi
100%-100%
100%-100%
10C%-100%
Month.days. days. days. days. days. days, daysi. days
Hoi day.
1....
4.82% 4.84% 4.84% 4 66% 4.87% 4.90
2
4.82% 4.86
4.82% 4.84% 4.84% 4.86% 4.87 4.89%
4 85Vi
...3
4.f2
8.
6>.
4.87
4.69%i
4.... 4.82
4.85% 4.82% 4.84% 4.84% 4 86% 4.87
4.69%
...
July.
August.
November, December.
September. October,
s.
1C0%-100% 100*4-100*4
s.
ioo%-ioo% 100%-100%
8.
100%-100% 100%-100% 100%-100% 100%-100% 100%-100% 100%-100%
100%-10"% 100% -100% loO%-ioo% 100%-100% 1C0%-100%
8.
100%-100%
QUOTATIONS OF STERLING EXCHANGE FOR EVERY DAY IN THE YEAR 1818.
Day of
15....
16....
17....
18....
19
June.
100%-101
s.
ico%-iro%
100%-10H%
1P1%-*101%
S.
100%-101%
-101
-101%
-101%
101%-101%
8.
101
100%-100%
100%-101
100%-100%
100%-101%
-102
101%-101%
s.
101%-101%
101 -101%
101%-10J
May.
100%-100%
100%-100%
100%-100%
100%-101
1G0%-100%
101%-101%
101%-101%
101%-102
102
April.
101%-101%
101%-101%
S.
8.
-102%
101%-102
101}/, 101%
*«
Pebrnary.
101%-102
102
1P2%-102 V
101%-I02%
ioi%-io2%
21
22
1
[Voi, xxv; ii.
J00% xllD ^
100% 120%
100% 119
100% 119%
January 4,
THE
1879]
CHRONICLE.
\
COURSE OF PRICES OF STATE SECURITIES
DURING
[Compiled from prices bid at the
January. February
DESCRIPTION.
March.
April.
39-40
39-40
39-40
40 -40
40-40
40
39V- 40
—
...
....
20
-
-40
—
....
5-5
20-20
20
41V- 43
41*4- 43
42
42
40-40
23V- 26V
4-5
4-6
7s,L.R.P.B. & N.O.
4-5
7s, M. O. &R. Riv..
4-5
7s, Ark. Cent. RR..
4-4
Connecticut 6s
105 -108
Kentucky 6s
Louisiana 6s
bonds
new float debt..
penitentiary...
55
levee bonds
levee bonds
levee bonds, ’75.
-
—
....
5
20
20
18
3
3
3
3
3
-
-
July.
-
-
-
—
....
....
5-5
20-20
20
20
4
5
4
4
-
—
....
5
20
-
-
-
20
6
20
20
20
4
20
-
....
20-20
4-5
4-5
4-5
4-5
6
21
21
25
5
5
5
5
5
-103
43
43
-
-
-
-
-
-
August.
-
7
20
20
2C
3
3
3
3
3
20
-
20
-
22*4
5*
5*
-
43
43
43
43
8
43
-
....
-
-
-
56-56
-
56
56
56
56
-
-101
57
57
57
57
57
57
57
-
-
-
-
-
-
■B
80&- 83V
79
00
101
Michigan 6s, 1879
6s, 1683
7s, 1890
Missouri 6s, due 1878
6s, 1882 or 1883
6s, 1836
6s, 1837
6s, 1888
6s, 1839 or 1890
Asy. or Uni., ’92...
fudg, due ’94-’95
Han: & St. Jos., ’86.
Han. &Sr. Jos , ’8<.
New York 6s, gld,reg.
6s, gold, coup, ’877.
6s, gold, coup, ’91
6s, gold, coup, ’92.
6s' gold, coup, ’93
N. Caro. 6s, old, J&J.
68, old, A&O
6s, N. C. RR., J&J
6s, N. C. RR., A&O
6s, coup. off. J&J..
6s, doup. off, A&O.
6s, funding act. 1866
6s, funding act, 1868
6s, new bonds, J&J
6s, newbonds, A&O
Special tax, class 1
do
class 2,
-
81
-ICO
-105
-111
-100
102
112
-105
-113
-100
100
102
105V-106V
107 -107V 107
103*-104 103
103V-104
1G3V-104
-
-
-
-
-
-
50
50
8
8
20
20
20
20
SO
-
-
-
-
4
4
4
4
-108
103
-103
103
-104*4
ICO
'
-
....
.
..
-
....
115V-116
U5V-116
*
115*-116
•
•
•
....
116
-118
-117
-121
116
115V-116
1!5*-116 115V-116 116
15
17V 16V- 17V 15
15 -17V 16V- 17V 15
-
70
-
70
-
70
70
50-51
65
65
51
70
-51
50-51
9V- 10
9
9V
7-8 V
51
-51
2-2
2-2
1 6s, A&O
30
| Cs, funding act, 1866 35
f 6s, land C ’89, J&J 40
2V-
-
-109
-108
- 41
- 30
-109
108
108
-112
41
113
30-30
30
30
40
40
30
-
-
3J
30
30-30
30
-
-
-
-
-
36V
30-31
30 - 31
30
30
30
-
-
32
32
70
6s, consol, bonds... 67
67
65
67
67
6s, ex-matured coup 54V- 57V 55
56
56V 58
consol.
series
40
6s,
2d
40
40-41
35
37
6s, deferred
4Vt- 4V 4 - 4V
4V
4V
Dist’ctCol. 3‘65s, 1924 75V- 77V 76V- 77V
74V -76V
Small bonds
76
76
76V- 77
75V 76V
Registered bonds.. 75V- 76V 76V- 77V 75
76V
-
-
-
-
-
-
-
-
-
-
-
•
120
16*- 17
16V.- 17
9*
9
8*
8V
8V
2V
2V
2V
8V-
8V
8
8
2
2
2
8*
-
71
51
51
9
-
-
•
-
•
*"
•
•
•
•
•
2V
2V
8-8^
2 - 2*
106
112
45
30
44
30
30
30
40
30
43
-
30
-
-
39V
35V
58V- 60*
-
32
-
-
-
-
70V
-
-
76V
-
-
-
January
><■***-
BONDS.
February
March.
April.
-
-
20
21
-22
3-4
3-4
3-4
3-4
4
-108
43V
-
43*
2-3
2-3
107 -108
3-4
-
43 V
-
5-5
20 - 20
20-20
15-22
2-3
2-3
2-3
-20
20-20
4
-
43V
107
-ms
-100V 100 -100* 101 -101*
107V-103
108V-109V 109 *-110
<07 -108* 107 -1C7*
08*-109*
-108
107
-108
107
-108
-101* 101
108
-102
-102
!0>V-'.03
102*-103
103
101V-102
101
101V-102
101
50-50
50
-
50
50
50
£0
-
50
50
-
50*
-
51
50
50
50
50
50
50
50-50
50-50
-
1M
102
-
50
50
53
53
53
53*
-
-
-
-
1flQ
-
-
-
-
IfU
-lui
lUtJ
50
52
52
52
-
-109
-103
-103
103
fV* 3/
!
52
52
52
52
52
52
52
53
-
50
50
52
-
52
52
50-52
50-52
50
52
52
52
50-52
50-52
-
-
-no
-100
-101
74V •75*- 78*
-
74
101*4-102
101
115
101
102
103
-101
-
...
30
40
40
30 -
-106V
-
-
-
33*4
-
-
-
-
35V
35-35
33
-
20-20
20
-
27
20 -23
20-23
70 - 72*4
20
"*
•••
-
....
-
20
70
55
25
-
-
-
-105
-115
•
•
•
20
20
20
72
57
20
70
53
28
4
79
4
-
-83V
2
2
2
-104
-106
-no
44
30
30
30
42
42
-
-
-
.
-
40
31
-
-32V
IV
33
-
-
-
-
.
.
-
31*
21
24-25
21
25
29*
21
25-25
72*4
72
70
73
at the New York Stock
May.
JUNB.
-
-
8*-
-
18
84
64
1*IV-
104
no
-
2
-105
22
22
-
-
-
-
1*- 2
31* 33*- 36
31* 25V- 28* 29*- 30
31* 25-28
29*- 29*
24
22
25
23
27*
-
-
-
-
-
-
25
25
72
26-29
26
-
28
72
-
74
-
-
56*
55
-
35
34
55*
-
-
39*
-
-
-
-
-
-
-
....
-
•
..
-
-
-
....
J
79
-
....
79
-
August.
Sept’mb’r
•unite-
2*
-
-105
107 -111
110 -112
25-25
10 - 10
10
10
10
10
10 - 10
10
10
10 - 10
-
25
23
11*
11
11
2*
102
-no*
6-10
IV- 1*
30
11*
2-2*
1*
5-10
5-10
10 - 20
10
20
1*
33*
-
10*10*10*10*2*-
107 -112
20-25
5-10
40
19*
-
85
85
64-65
64
65
9*
2*
2
-
-125
18V- 19*
9*
-
-122
-122
121
122
-
-
77
THE YEAR
Exchange.]
*
July.
-
-113
9*
9*
-
72V 70
55
54*- 54V 52
54* 52
-23V 29
30
31*
30* 29
5
5*- 6
6
5*
6*78
81V
79* 76* 77* 77
77V 77* 77*-
...
•
33
31*- 32
31*- 32
-
..
83*4
IV
-
-113
113
120
61
-
2
32
-
-
9
9
9
30
40
-
30
33*
25
60
28
-
110
60-61
-
-
105
-109
-105
-105
-
-
23
30
30
108
105
80 - PI
80-81
IV
-
-109
103 V-104*
113 -114
113 -115
121 -124
121 -124
121 -135
IV
-
-
25
20
22
22
105
15*- 17 V
14
17;v
-105
-110
03
44
40
IV
-
-
-
1
104
103
107
34
-
-
IV
41
32
IV-
35
-
lv
-
-
-106
-114
-102*
-103* 101V-104*
103*4-104*
9
9
9
9
2
-
2
IV
-
-
-
105
112
-113
105V-105V 106 -106*
105*4-106* 106V-1C6*
104 -105* 106 -106
74
74
54
54
-
8*
8*
104 -105
106 -no
103 -no
44-44
27-28
27 - 27
27-30
40 - 41
-
-
40
104V-105* 105V-105*
16*
16V
-
9
8-9
8-9
2-2
IVIV-
-
-
75
75
*?Q
—
103V-P3*
104*-105* 105*-105*
-122,
-
ftO
Oc
104V-10 •*
Ill
102
103
-114
-113
-122
-122
113
121.
121
121
16
16
74
74
54
54
9
52V- 54
52V- 54
8*- 9
8V- 9
-
-
•
83V
-
-
33*
20
71
-
33V- 33*
33V
-
8V
-
34
20
71
8V
-
113
-
9
-
-113
-113
-121
-121
-121
16V- 16V
16
lb*.
50*
-
IV-
-28V
4
80
-
32
34
-
27
•••
44
30
30
30
40
40
35
2
36
-
-
36
53V- 59*
112
-
35V
2*
....
113
113
121
121
121
70
70
-
8
8
8
2
2
2
104
106
110
44
21
20
27
40
40
-104
-
-
_l!3
-113
-120
-120
-121
-59V
8V- 9
—
-
-
101*4-102
-104* 102V-102V
69*- 73*
74
l02'V-103V
101V-102*
-104
-111
111
100
14V- 14V
9
-
36
35
•
74*
72V- 74*
71
COURSE OF PRICES OF RAILROAD BONDS FOR
[Compiled from all sales
-
-
-
ini
-104* 104
9V
-
39V
36
76V
-
-
-
-
106
106*4-107
110
100
70
50
50
-
-
76
-
50
50
50
50
50
50
-
107
102
70
50
50
-
103
32*4 25-25
4 - 4*
4V
82V 83 -84
-
-
-
-108
41
43
-100* 100
107*4-108
-101
70
-
2
27
75
62
-
4
4*- 4*
74V- 75V 76V
75V- 75V 76
-75
-
-
-
2V
-
36V 35*4
59
29
30
40
40
30
-
-
23
25
25
30-30
30
42
42
30
44
30
-
40
30
2
35
-
-
27-27
27 -34
27 - 34
70 - 73
44
31
30
-
-
50
-
4
43
43
41
43
—
20
20
21
4
4
4
-
4
4
4V
-
100
70V- 73*
70
9
2
2
-116
-
-
-
8
2
2
-109
-
-
120
-122 V 120
9
106
30
40
40
30
2
39
4
107
-
-113V 113
8*-
-109
42
30
3
-108
-100
-
-104V 102
70
50
50
9
9
-117V 115
115
42
30
30
30
42
-
-
43
43
-
—
20
20
20
4
4
4*
4*
4V
4V
-
-
69
100
14V- 15*
-108V 108
-
-
4
-
-
-
_
20
22
-
43
_
20
-
4
-
-101*4 101
70
-116
-
-
42
42
42
42
42*
-
-
42*
42V- 42*
43V
13*
-
4
4
-
14V- 15* 14V- 16V
-105V 104 -106
-
-
121‘
-120
2-2
2-2
103 -106
-
21
4
4
4
-
-
43V
-
20
20
21
4
20
-
42
42
42
9-10
20
-
-113* 113
120V-120* 120
-
8V
2V
-
-
113
113
16 - 16*4
16 - 16*4
70 ,- 70
70 - 70
50
50
50 t 50
9 - 9V
9-9
8 - 8V
70
-
-
-
-
-
-114
-115
117
-
-
•
-123
-
-
74
....
50
-
30
—
•
50
35V- 36
29
•
-
-
39
36
35
-35V
-
•
-
101
-106V 103
112
114
-
2-2
38V
-
-
-114
-114
70
50
-
30
113
114
70
-
30
30
40
40
30
42
42
80
2
-
1
31
30
-
35
35
25
40
30
-
-104V
70
50
-
2
105
-107
-70
-
8
8
2
2
-105
-
•••«
8V-
108
2-2
30
30
-
4ft
30
V- 2
33V- 38V 36V- 39
fc3*- 37V 35V- 37
33V- 37*4 35 - 37
68
68
43
48
9
2V
2V
2V
-
104
30 - 35
40 -41
40 - 41
30-35
32V
-
*"
•
15V- 16 V
8V
8V
-
2
2
-104
40
30
-
-
2V
2V
2V
-
106
30
36
41
-41
40
30
2
105
-
,
8
8
•••
•
10
-
-
-101V
-103V
-105V
106V-106V 103*-104*4 102*-104* 102*4-103* 103*-106
106V-106* 104 -105 102*-105* 102*-103* 104 -106V
106V-107 104 -106 102*4-104*4 102*-103* 104* -•OK*
106 -107
104 -104*4 101 -104
103 -104
104 -105
107 -109
105 -106
104V-105
104 -106
106 -106
105 -106 V 103 -103V 102 -103V
102*4-103* 103 -103*
105 -106V 103*-103* 102 -103*
102*-103* 103*-1(H*
107V-108*
-120
15V- 17
10
9
-
•
-
103V-104
106
103V-104*
*"
•
12
-
50
50
50
50
50
£0
£0
-
102*4-102*
105*4-106
103
52
52
52
52
52
52
52
-
74 ‘
77*
73
75
100 -100*
103 -101
108 -109
100 -100
-104
-110
110
-105
105
120
48
-
9
9
104
-
-
8*48V2
2
2-2
-
-
8*
8*
•
16
67
67
48
-
•
•
15V
-
65
65
45
45
9-10
854
-
70
9V- 10V
-
7
-
•
-
102V-102*
-113
103
-
....
-
43*
-
43V
43V
-
_
102V-103
-103
-
70*- 80*
69V- r‘9
-101V ioiv-ioiv 101*4-102
102
52
52
52
-
-104V 104
108
52
-
50
50
50
101V-102
103V-104
-
-
4 i*i
-
3
3
3
3
3
107
99
107
106
107
-
43
43
43
43
12
-43V
-43V,
20
4
-
50
50
50
50
50
50
50
50-52
77
_
52
-
50-52
78
-
7.5
- 75
-103
-104
-ii3
_
-
6s, new, 1867
-
54
51
54
54
10
73
105 -105
104 V-105 V
-105V 105 -105V 105 -105
-108*4 108 -108*4 108 -108V
-104
103 -104V 100V-lCd
105
-
...
73
101
104
no
-
56
56
56
56
56
56
56
10
-
54
74V- 76*
81
-101
-105
-113
100
-102*4 103
54
54
104 -104* 104V-105*
104V-104* 104V-105V ioiv-ioiv 104*-104V 103*-105*
104V-105
105 -106
Ohio 6s, 1831
103V-104
Ohio 6s, 1386
105 -106
Rhode Island 6s
105 -106
South Carolina 6s.... 40
41
i
30
63, J&J...........
30
Tennessee 6s, old....
6s, new.
6s, new series
Yirgin'a 6s, old
68, new, 1866
83V
-
102*-104 ■
-103
-104V 104 V-105
104V-105
-104V 104V-105V 104V-105
class 3.
7s of 1838
Non-fundable b’ds.
- 81
-100
77
76
100
104
110
104
.
6s, landC.,’89,A&O
81
100
104
..
do
81V- 8^V
-
111
100
-
YEAR 1878.
Sept’mb’r October. November December
106V-107
-107*
-103*4 ’.08V-108J4 105V-106*
-106*4
-107*4 107*-108 106 -108
-107V
-102
100 -100V 100V-101
102V-103
-102
102*4-103 100 -100V ICO -102
-102
102^-103
100
100 it,' 100 -101
103
107
101
101
101
101 -101
55 - £6
55 - 56
55 - 56
55 - 58
55 - 56
55 " - 56
55 - 56
10 - 10
-
—
7s, consolidated...
THE
each Friday.]
on
43
43
43
-
43
43
6-8
20
20
22
5
5
-
4
44
44
44
44
-
....
-
-
00
55
55
55
55
55
55
55
56-56
56
56
-
-101
56
- 56
56-56
56
56
-
55
55
55
8s of 1910
.
JUNB.
43 - 43*4 43 -43V 43*443V- 43V 43 -43*4 43*44iV 43 V 43 -43V 43V43V- 43V 43 -43V 43V-
43
43
-
....
5-5
20 -20
20-20
22 -25
3-4
3-4
3-4
3-4
4-4
105 -103
100
56
56
55 - 56
55 - 56
55-56
new
|
Exchange
May.
78, new
104 -104* 104
7s, endorsed
-105V 104*4-107V 107V-108
7s, gold
10'*-106* 105V-106 106 -107V 106 -107V
Illinois 6s, ’79, coup.. 100V-103
100 -101
100 -101
101 -101V
war loan
101 -103
100 -101
!00 -101
101 -101*4
«
York Stock
4
5-5*
4
5-5*
4
4-5
4
5-5*
108 -108
108 -109
103
108 -109
107
100 -101* 96V99 V-106
1G0 -100* 100 -100V
ioo*-ioi* 102*-102*
1( 4*-105* 105
107
-106V
-108V 109 -108V 10SV-109V 109V-109*
Georgia 6s
7s,
6s,
88.
8s,
v
Low.High. Low.High. Low.High. Low.High. Low.High. Low.High. Low.High.
Low.High. Low.High. Low.High. Low.High Low.High.
Alabama 5s, 1883.....
6s, 1888
8s, 1886
8s, 1888
8s, 31. & E. R R...
8s, Ala. & Chat RR
8s, 18H2
8s, 1893
Arkansas 6s, landed..
7s, L. R. &FtS. iss.
7s, Memph. & L. R.
6s,
Ne
9
-
7*
7*- 7*
77* 73V- 79
77*
77
78
70
-
1878.
October. November Debbmbbr
Hgh.Low. High.Low. High.Low. High. Low. High.Low. High.Low. High.Low
High.Low. High.Low. High.Low. High.Low. High.Low.
Bost. Hart. & E., 1st. 12
12
14V12*
U3413V
29
11Viiv
25* 27
1st. euar
31-28
26* 29*- 27
28*- 28* 31V- 28*
12
12
12
12
28-25
31
31
Boat.&N.Y Air L.1st,
102 *-102*
Bur. C. R. & N.. 1st.. 63*- 58
66
66*- 62V 70
69V- 68
73V- 68
70V- 68* *74*- 69* 72V- 69
69
71V- 68V 75
68
M’pnlifi &Sf„ L. lst.
72V- 70* 69
75
75
Can.aouth., 1st, guar.
77-76
73
75
73
73*
75V- 74* 75V- 72* 75V- 71* 77V- 74*
1st, skg. f 1.,cp ,1906 65
65
63
59* 67
68
67V- 67
72V- 72*
-
—
-
....
-
-
-
-
_
-
-
_
-
.
-
-
.
....
-
-.
....
-
-
•
.,
-
—
—
—
-
-
...
...
with int. ctfs
1st, skg fd.,
reg ....
Debenture certfs...
-
64V- 59
61V- 60*
61
60
-
24
Chesapeake & O., 1st. 25
Chicago & Alton, 1st. 114* HI*
-
Income
....
....
...
-
...
-
64
-
-
....
-
.
-105
....
64*- 64*
67*- 64
24V- 23
115
103
-
....
-
64*- 64*
66V- 64
105
Sinking fund
Joliet &
66
-
-115
-107
66*- 66*
66V- 66*4
69
66V
26V- 25
-
116
105
-116
-
....
....
iiov-103
-
...
....
-
*
-
....
...
'.
-
....
-
...
...
....
73*- 68
76V- 73V
SO
32V- 25
32*- 28
28
H6 -115* inv-n?v 114*-1M* 115
....
...
-
-104V 105
-105
105
-105
106
iiov-nov
...
-106
-
-
-
-
-
•
•
«
•
^
"*
•••#
•
•••
"**
•
—
••••
—
-
-114*
-
....
-
....
...
...
-
....
27*- 27
....
115
—
....
...
-
-
...
....
..
.
-
-
-
...
....
..
-
-
....
_
t
i
•
....
...
.
••••
....
.
.
...
-
.
7"
•
....
“
••••
-
—
100*-100*
105
-104
100 - 99* 103
104 *-104* 108
-
99*
-107
ni*-m* 113V-U1* H3V-113
114V-113V 115* -11414 117V-115*
93
-
93
93
-
93
....
-
«...
«_
__
10?
6s, 1917, cminon
6s, 1917, registered. 107
Keo. & D »». 1ft, 5s.
—
-10i
107V-10?
-1C6* 107V-107*
101
103
-10?V 109' -107* 110V-109
108V-107* 10SV-108
-107* 103V-107* 109 -108* «09*-109* 108 -108
1C8V-108V
-107V 108
.
.
-
.
.
-
...
...
-
..
-
.
.
-
Cent.RR.of N.J.,lat,n 114*4-112* Ill -110
mv-iiov 111V-110* 112 -111V 115 -113
116 -115* 112V-U2
1st consul
67
64* 68V- 65*/, 68*- 64* »9*- 68
83
82V- 70
85*- 82* 90
85-85
Convertible
63*- 61V 67V- 63
68
63* 68
6>V 80
88 V- 83
?0V .82- 79
Leh.&W.B. cnn., gu 36
30V 39V- 34 V 39 V- 04* 41
51
48-40
45
72
55
60*- 55
....
....
....
-
-
-
-
-
.
-
-
-
-
.
-
....
r-
i09*-ip8V
....
-
....
-
114
82
...
-
-
_
—
109 *-109
—
iiov-iio
.
_
T
_
111V-110*
109*-109* llOV-liO* ni*-in
86*- 85*
-
....
-113*
82
85*- 85*
60
•
2?*- 27*
115 -114* 117 -117
-114* 114V-114
104*-104 105V-104 104V-104*
101 -100* 101
99*
-
..
-
...
_
..
....
....
-
La. & Mo., 1st, guar
90
90
92
91
95
94
98
95
99
97V loi
19
97*- 9T* 100*- 99*
St. L. Jack.& C.,ls 105 -104* 106 -106
107 -106/ 101V-103*
105*-10.* 107 -105*
109V-10SV
Cbic. B. & Q , 8s, 1st. 111V-U1* 113 -no v
114V-H2*
U5V-H5
113V-112*
112V-111V 112 -ll'V 112V-111*
Consol. mM 7s :
no -loo* 110V-1C9V liiv-iio*
109V-109
112V-111* 113* 112* 113V-110* 113V-n2* 113*-113*
5s, Sinking fund.... 90 V- 90 V 91V- 90* 91V- 91*
93
93
93
91V- 91V
93
93
93
Chic.R.I,P.,e,f.inc,6s. 08*-103*
10» -lio
105 -106
108 -1< 7
—
-
....
—
-
....
-
Chic., 1st..
—
i
-
_
-
60
114
88
81
66
-113
- 88
- 81
- "•
114
68
-113 V 116
-
87*
86V- 82 *
60
£5*
-
•
-
-115
•
•
•
•
•
P5V- 85*
53-50
THE CHRONICLE
[VOL. XXVIIL
*
/
COURSE OF PRICES OF RAILROAD BONDS—Continued.
January. February
March.
April.
May.
June.
BONDS.
July.
August.
Sept’mb’r
October. November Decbkbsa
High. Low. High. Low. High. Low. High.Low. High.Low. High.Low. High.Low. High.Low. High.Low.
High.Low. High.Low. High.Low.
Am. D’k&Imp.bds
44
-
41
44
44
43
-
43
-
44
-41%
lat,consol., absented
50*4- 43%
67%
67%- 67
72
let, conv., assented
#1,000 adjustment-.
50-50
64%- 64%
73%- 68%
70 - 68*4
-
60
77%- 71
76% - 70
70
62
46
-
45-43
50 - 50
,
c
..
...
Consol, sir k’g
2d mortgage
fund
122
119
117
-116 !
118%- •H6%
103%- 103% 102 -100% 1(2%- 101%
98 - 96% 100% 97*% 105
104%
107
105%- 103
-105% 107
103%
97
94% 93
95% 99%- 97%
-
-
■
-
-
121
-118% 123
119
103
104
107
100
100
•
-
-
49%- 45
-117
-
119%-119
122
-103
108 -107
ICO - 98% 102 -100
98%- 98% 101 -101
100 -ICO
103 -102
103*4-103%
96 - 93% 99 - 94%
-
...
-120
-106
-105% 107
107
110
106
106%-105%
9754
-
103%-102
97%- 93%
100%-100%
-
119
50*/,- 49%
-
45%- 35
105%-104% 106
1043%—10154 104
55
-
-
__
-118
-103
-102 k
-10o
98 •
•
-
122
- 111
Interest bonds
109 - -107
Consol, quart’Iy.... 109
103
Extension
107 - 107
1st mortgage
109%- -109
109
103
-104% 107*4-106%
-108% 110 -109%
-105
106*4-105%
100
-
...
-
....
-
....
.
.
-
.
-
Goupon. gold
Registered, gold...
Iowa Midland, 1st!.
-
...
-
-
•
“
•
-
....
-
•
•
•
-
-
■
-
-
Galena & Ctiic.. ext 109%-107% 105
Peninsula, 1st conv
Chic. & Milw., 1st..
-
107
107%- 107
Winona & St. P.,ls;
87
mortgage
78
87
77
90
-
-
106% 106
-
108*4- 107%
93 - 89%
89
81
Chic.St.P.& ivt., 1st..
Land grant inc
Cin.Ham.& D.,lst, 7s.
Cin. Laf. & C. 1st
Cn.& Sp.lst,C.C.C.<feI
-105% 107%-1C6%
94
77
•
-
-
1I4%-112%
-
109% -109
104
-102
•
-
-
-
106
97%
109%- 109%
...
-
-
-
102
....
■
-
-
-100
111 -107% 110%-110%
100%- 98% 102%-100%
-
109
109
-
-12154
107%-107%
.97
96*% 97%- 97%
16’ 109' 103%- 108%
111%--109%
107%-1C6*/, 109 -103
109%- •1.8% 109
108% 105% -105% 105%- -1(5% 106%-106% 107 -106%
106%-106% 1C5%-104%
108%- 107% 109
107/s 109
108*4 110 -103
110%- -109% 112 -111% 110%-110
110%-110
112*/2-110% 112*4-110
108
103
106%—106 VI
107%- 106% ids
•108’
109
107% 106%-108% iio‘ -no" :io‘ ~iio‘ 107%—IO654 107%-167' 107%-107% 107%-107%
9354- 91% 94*4- 93% 97%- 91% 98 2- 97
! 6
106% 97% 100
98
100%- 96
101%103
-101
102%- 93%
103%-103
93
96
91% 93%- 93% 96
97%- 97% 102%- 93% 99
93
101*4-100
99%- 98
101%- 98% 102%-102
105%-102%
96
99
96
99
Chic. & North w., e. f. 111
2d
118%- 117%
103%- ■103
104%- ■103%
07%- 106%
99%' 98%
- 121
122%-121%
109 - 107%
107 - •106% 105%- 104
106*4- 104
109%- 107% 111 - 110% 108 - 107%
105 - 99% 105%- 103
102%- 98%
96
93%. 93 /o 96
100 - ICO
94% 93% 96%- 95%
100 - ICO
106 - 104% 105%- 105% ’•07% -105
lC3/2- 100% 105% -103
109 - •109
104 - 103
96
t3%- 91% 93% 92% 96%- 93% 97%102%- 97
102%- •ICO*/, 101 - 96
100 - ICO
97 - 97
ICO - 100
•
•
•
1st, I &D Ext’n..
59
73%- 68% 73
68%
73
68% 72%- 68%
83-80
82%- 80
44-39
37%- 35
55
55
E0%- 45
_
Leh.&W.cone., as’d
Am.D.&I.Co ass’d
Chic. Mil. &!5t. P.~;
1st, 8s, P. D
2d, 7 3-10, P. D
1st, 7s, gold, R. D..
1st, LaC. Div
1st, I. & M. Div..
1st, I. & D. Div
1st, H. & D. Div
1st, C. & M. Div
69
-
56
-
73% - 71/, 73-66
73% - 69
71%- 65
-
93%
-
81
82*4-
109
-109
98
96%
9 IS
82
-
-
i07%--107%
110
111
-110
-111
-
01%- 99%
92
-
-
....
-
91%
-107% 106
101
CO
-
98
88
106
...
...
-106
-101
101
-105
103
-100 */s 105
-
...
-110
108 54"103%
-
.
102
-102
9014- 90
83% - 80%
-
-
...
104
90
02%-102
...
101
-101
104%-104% 104%-104%
110
-
...
108
-
-
....
105
-101
106%- -106%
111
..
-110
-103% 104 -103%
88
91%- 91%
- 79
87
80%
39% 43
42%
-
81
-
40
....
102%- -101%
-
-101
-
..
1st., L. S. & M. S..
C.C.C.&I., 1st, 7s, s.f
Consol
Del. Lack. &
W., 2d
.
109
-108% 109%- 109% 110
io?‘
-107
-109*/a 111
109% 108%-: 07% 103%-108% 108%-106%
88'
t5V*- 84%
104%- 103% m -idi% 106* -106** 106%-106.%
83
-
100
Syr.B.& N.Y.,lst,7s
Morris & Essex, 1st 116
2d mortgage
108
-115*4
-103%
Bonds, 1900
1 ?%'104 -
116% 119
1H%
103% 104%- •03%
-
...
:
7s, 1871
let consol., guar..
Del. & Hud. C., 1st,’84
1st, 1891....
1st, extended
Conpon, 7s. 1894.,.
Registered, 7s, 1894.
Albany & Susq Is
2d mortgage..
Rense.&t?., let,cp..
,
..
96
-
S3%9
97
-
94%
80
96
96.
Brie & Pit sb con sol.
Gal Houst.&II.,7s,gid
■
-
102
120
105
-101% 103
117
107
-116
-
119
-
104*4
74
74
80
-
80
89
86 - 86
85
100%- 99% 101
•K0% 102
92
92%- 90
93%- 93
•
-
81
-
94*/,
-
-
■
-
80
-
■
-
-
•
•
103%-102% 104%-10354 105' -100%
101*4-100%
121
-
109
-
-
-
98%-
-
-
—
....
•* *
►
-
-
-
-
-
■
-
-
-
■
-
•
-
103V*108%104
:13
112%- •112
105% 104
105% 106
106% li 8
103%
103%- !02%
109%- 108%
10?%- 10'%
-
93
112% H4%- 113
-
-
-
-
-
-
•
79-77
80
87%- 85
67%- 86
57%- 57%
-110% 113%- 113
104%-103%
-
-
100
-100
-
-
116
-116
116
£4%
;8
-
’
-
..
-
-
90
-
85%
50
96%- 89
-
84%
18
-
18
56
-
90
-
86%
91
-
90
56
56
-
56
55%- 55%
58-67
112
-
....
£0%- 80%
95*4- 95
94% - 92%
....
-
-103
103
-103
100%- 93%
60
-
92% - 90
104%-104%
*99/,-
60-60
112
t9
90
23
89
-
i06
87
23
-
t5
-
65
96
106
110
-
-
96
-
105
102
8854- 8854
23%- 23/,
2254- 22%
-109% 111
••••
“
....
110%-10;54
....
-
...
103%-lf3%
...
-105% 106%- -106% 108%- 107'
-
-110
-
llo%--no%
110%- -no
98%- 95%
98%- 96
105%--105%
-
-
88
-
87
-
107
-107
-
110
-
109
110
109
111
-
-109
-
-110%
H2%109%- -109" no%- 09% lli%--109%
100
98% 103%- 100
100%--100
100
99
97% 103
i00%- 99
103
101
10:6%- 101% 104%- -103%
90
89
83%- 86*4 88
88
-
-
-
•110%
-
Hl/2
-
-
-
-
-
-
110*4-110*4
112
113
-
-
99
-
-
-
102*4102%106
88
■
-
-no
-111
•
-
-105% 107
106% 108%- 106% 110*^-10;% 109%-107
-
-
-
•
-
-
-
111
112
112
-
-112
114
•
-
-
•
-
-
-
-
■
'
’
2d consolidated
-
104%- 101% 106%- 103% !06
104%- •104*4 104%
104* •103 103 104 104%
119
-113
120
19*4 118
-
-195% l0t,*/2 106%
-1"4%
-104% 105’ •105'
119
-11*34 .20
-1 s
120
119*4
■
-
-
-
119
112
120
liO
81
•li7%
-
-
•
-
113
122
-
80
-’.03
80
-
70
-
-
18
10'.)% 111
112%- -112
•119% 120
-i2i
119% 121
119% 1 9%- 1*9
123% -I V0
-
-
100*4 -
119
111
-
-
:
ioi%|
102*4100
57
119
-
•
83
81 '
103 V- 10 %
-
8l%-
-
■121%
12l%- •121%
•
83
104
;04%
104%99% 97%- 95% 98% 96*4 99%- 93*4
97 • 97*- 95% 96%95% 99
9S*4
54
54
52 ; 5i*V 50
63 %- 53
-
■
-
-
-
113
-
-
■
-
....
10
5-6
101
.00
40
10
86
-101
-10J
••••
■
-
-
•
100
-100
“
.
.
.
-
-
-
-
-
-
-
104% 103%
106% -106%
110% -110
108
104
95
■
-108
101%
-
91
-
-
-
97V*- 97%
101%-100
70
70
-
...
90-90
•0 - 30
92%- 90
32%- 31%
63 %- 63%
71-64
71
•
-
....
-
....
-108
-111
-106
-105
70
-
110
-108%
!07%-107% 108%-107%
t'4
-101
109%-109% 110^4-11054
111*/,-111% 111 -111
i09%-109 '
109
110%-110
110%- 110%
-
...
115
106
....
-1)3
114
-109
-
■114
-
113%- 113
-
101
-101
101
-
-101
-
...
99
—
ii-2 -111% iis
•
-105
-
107/, -107%
-
•
-
...
100
-
81
-
•
•
98
81
99
-113
111%-110% 112
110%
-:08,
09%-109
109%- 10954
44% - 39% 4554- 42
53%- 42% 55%- 47%
11
10
11
10*4 18%- 10
19%- 14%
93%- 92% 92%- 90
97
94%
100*4-100
99*4- 99% 109%-100
10 %- 100%
lol -ICO54 100%-100% !
101
ICO
00*4-100%
-111
-
08
-
-
•
1(0%-100
100%-100
-
-
83
35
-
-
■
-
-
60*4
•
...
99
62
-
-
1:2
CO
105
-105% 104%- 104%
Iu5%-l0i% 104%- ■103
104%-104% 104%-104 105 •104
87
91
87%- 87% 20
89% 90
89%
-104
-107
88
-
58 V
•
-103*4
112
106
107
—
-
1
.
-
-
-
-
6
40
105
104
103
99
-
-
-
-110% 103%-108
111
—
-
101%- •103% 105%-1C4%
107%- 106% 10?%. 104 %
103%- ■103*4
103%- 103*4 ioi%- 103%
121
I2)% 12*
■120% 118% -118%
121
120
118%- -118W;
114' 111 V -1 1
113% 112% ill
118
120
119%119% l20/8- -120*4
H9%- 113
119%- 119% 121 -120
8»
79/2 99
79-, 8'% 83
107
104
108
106% 105 *4 ■ -104%
100
97% 102
98
100% 99
100%- 97
101%- 100% 98 %- 93
60
-
•
-11254 113%-113
-111
~
•
166’ -108*
—
110*4-101% 112
111% 112V-111
ilOk-109% Hl%- •109%
-
’
111
-!09
-108
-109
103%-103
103 -102%
101% 106- 105%
87
87*4_ 87
••••
42
-no
109
108
-
....
ICO
44%- 10/a
*
*
111%-*11% 110*4-110
111%-in*/, 111 -110
100
99
99
*
93% 87
115% -114%
8654- 86%
101 -104
106 -106
89 - 87
25-24
‘
90
-
....
63%- 63%
110
104%-104%
*
85
-11
....
■102
-
-105
.!!.
-
....
-
110
-
10 i
91
....
96%- 96
99%- 98% 103
68
62% - 60
96%
-
-
...
110*/,- 110% 110% 1.0% 111
•110% no
111 -110% 111%; 111% 111
8s.*1882. f...'. 112 -112 111%- 111 114 112%
10W%-103% 1U9%-109
Mo. K. & Tex.,assent
45J4--44% 43
42% 43
41
14
40% 47
42%
2d inc., 1911
12
10
13
10
10%- 9
Han. «fc.C. Mo., 1ft. 85
85 ; 84
82
80
82%
85%- 35
Nashv.& Dec.. 1st, 7s
92%- 92% 95
95
95 %- 95 % ioo
93% 100 -100
Nash C.& St.L..lst 7s 89%- 87% 91
90% 9?%- 93
97%- 97
98%- 98
McMin. W.&A., 6s.
N. J Southern, 1st, 7s
27%- 27%
N. Y. Cent. 6s, 18t3.. 105%•101% 105*4- ■104% 106 -104% 106
105% 103%- 102%
.
-
92% - 80%
-113%
-104/,
107%-106%
104 -103%
110 -109%
113%-ni
110 -109%
101 -100%
115
105
...
95*%- 93
.
-
-
85
-
103
....
....
•110% 111% •111 109%- 103 1C9%-109% 109%-109*4
110*4 •110% 110% -110% 110%- 110%
108%- m%
110%--110%
....
-
-
60
85
-
-
.
-
80
,
-
-
....
....
85%- &3
50
-
100%-100% 10i%-101%
...
.
-
105% 107*4-106%
102% 104%-40t%
107
no -107%
109
112 -109*4
103% Ir9%-108%
99
116%- 115
_
85
.
-115%
104
103% 105%- •104% 107 -10.;% 103%-103
104 -102%
107%- 107
108%- •107% 108%-108% 105 -105
106/,-105
105
105
105
104%
105%-105
106%-105% 104 -102
106%- •104% 108
107 -107
107*/,
109 -108
110
110 -10954 109%-104%
108% 110%- •110
110%-no
107*/,- 107
108%- •108%
107%-105
109%-108%
100%- K-0% 100%-100% 10054-100% 100 -100
10b%-105%
s.
107
~
...
.
V2
103
-
....
20
58
s.
-
-
-
102
104 107
106
103% 106%104%- :04
i0%- 104% 104 104 - 101
106 - 104
107 110 - 109% no - 109
109%107%- 107% 108%- 108
103%99 - 98
98%- 97
99%-
-
.
-
-
-
-
93
-
....
-
Mich. So. s.f.,7s
111
1*0% 111
110%
Clev. & To!, skg. fd 109%- 109
110%- ■110%
New
Clev. P. & A., c Id. 104 -101
New
Buffalo & Erie, new 109* -169’
110%-110%
Buff. & State L 7s
Kal
W. Pig’n, 1st
Det.Mon.«fcT.,lst,7s 107%- 107% 104%- 104
Lake Shore div’d... 10.4%103% 110 - 109
Cuns. coup., lt-t.. 109%- i 04
110%- 109%
Cons, reg., let..
109%- 109% ll<»
no
Cons, coup., 2d
93 - 97% 97%- 96
Cons, reg., id
98 - 90% 97
96
L\?v.& N.,cons.7s,’98. 102*4- 99% 107 102%
2d, gold, ’83
84
64
89 - 88
Long Island, 1st, ’9?.. 92
62
Marietta & Cin., 1st
..
-
-
-
...
...
-
•
...
1st, int. certfs.
Intemat’l, 1st, 7s,1911
1st, 7s, certfs
6s, 1887;
6s, real estate
.•
6s, subscription....
.• N.Y.C.&
H., 1st, cp.
1st, r^g
Hud. Rlv., 2d, s.f ,7s
Hariein, 1ft, 7s, cp..
7s, registered
N. Y.Elevated, 1st. 1906
North Missouri, lst.J
Ohio & M., cons., e. f.
Consolidated
81
-
-
..
'
101%-101%
-
-
108
96
-
1st,
-107%
81
.
.
Memph.A Cha.,lPt,’80
Mich. Cent., cons., 7s
-116
108
_
—
Lack.&S. C.,1 t. vv.
L. Shore & M. S.—
117
-10554 107%-107
-
Illinois Central
Dub. <fc S. City, 1st.
2d Div..
105
-105
Ced. F. & Minn , 1st 83% 83%
Ind. Bl. & West., 1st.
..
101
117
-101
-116
-119
-
-
1st, guar—
..
-107%
-10954
- 88V4
92%- 91
-103% 105/3-105%
..
85
99
91
■
99%
104
-
■
Gr.Rap.&Ind.. 1st,’99
.
-103
-104% 107%-1G6% 107%-107% 105%-I0l% 104%-101% 107
,
Han.& St. J., 8s. conv
Houst.& Gt.N.,7s,ctfs
Conv. 8s, 1691.
118
.
109
86/2
-
68
76
-
-
95%- 93
96%- 96
.
4th, 1830
5th, 1888
Long Dock bonds..
Buff. N. Y. &K., 1st.
E.Tenn.Va & Ga ,7s
74
75
93
87
93
97
101%- 101
-
...
io4%-ioi% i05*
S9
103
75
-
97
94% 99%- 97
97
101Va~ 97 100%- 99 110
88%- 8 *% 93V*- 83
94
92
93
92
R9
93%- 90
86
96
93% 98%- 97
102%- 99
102*%- 98% 99%- 98% 101%- 98 10154-101
97 - 96
97
99%- 97
94
98
95
100
97
103
99% 103
99
100%-100
102% 101
99
i01% -101
93% 93
95
96% 97
102%-102%
103%-103% 1(0 -100
95%- 91
98%- 95
96% 95*' IOO*
96k 100%- 99% :oi%- ■ioi% 103%-102
97
94
94
10354-102% 99
96%- 95
97
96
100
95
100
93
96%- 96
101
101
101%- •101 */2 103%-101
100
93
96*%- 9554 94%- 93%
110
109%- 109 no
110
108
111%-111% 112 -111%
99
98
98
94% 101%- 9S
96% 97
102%- ■102% 103%- •102% 103 -103
95% - 95
100%- 97V4 iO0%- 99%
116
1H%- •111% 116
115
114%-113
115
116 -116
113
114%-114%
-113
116
115%
iio' 116' 1*6%-116%
115
114%-114*/, 115
94%
86%
95%
95%
87
1st, reg
Denv.&R o Gr , 1st
Erie Railway, 1st, ext. 111%- 110
2d, 1879
3d, 1883
95
84%- R4?4 87%- f3
10 >%-100% 104 -103
103 %—103%
-104% i06%-106% 107 -106% 103X—103*4
-102
103%-102% 103%-103% 104%-103%
-118
119 -118
119 -118% 119%-117%
-100
..
io7%-i6t>% i08%-107% ni%-no%
-
107%- 107 '
7s, convertible
1st, 7s, 1007
Construction
75
68
77
111
.
-
...
58
59
■
-
57 V
i05%-104/a 106*
106
101
-106
-104
104%-103%
-105%
107%-107%
i6«*4-l63* * i6;%-103*4
10 ?>2
-107%
—
....
00
0*5
1
*
OO
rw
104 %-10i
105 -104%
—
-
.
.
j.
r-i
10454-104% r-< cc
118*4-118
119%-H754 119%-119*4 120*4-119% 121%-12Q%
11854-117% 1 8 -117% 119%-118% 119%-119% 121 -120
-
..
.
12l' -123*'
120%-120
8?%- t-6%
120*4-1-6*4
121*4-121%
....
-
»
li8%-118
91% - 85
92*4 - 83% 99% - 90
01%-101
104%-10254 105 -104% 107%-105
1
98%- 97% -1%- 99
•03 -101
105 -1*3
98% - 97% 101*4-100
103 -100% 10t%-100
65
67
59
63% 70
63% 73%- 69
-
-
-
121* -12i"
120%-119*4
104%- 97
107%-106%
103%-101%
103
-100%
74/,- 71%
COURSE OF PRICES OF RAILROAD BONDS—Concluded.
Maboh.
January. Fkbbuabi
A MIL.
May.
J UNI.
July.
Aubust.
Sipt’kb’b
Octobbr.
Nor a mb sb Dkobmbbb
BONDS.
High.Low High.Low. High.Low High.Low. High.Low. High.Low. High.Low. High.Low. High.Low. High.Low. High.Low High.Low.
Pacific Railroads—
Central Pac., gold.
105*-103# 105*-104* 106*-105# 106 -105
86-85
89#- 86
87 - 86
87*- 81
San Joaquin br’h
87 - 84# 86#- 85w
Cal. & Oregon let 85*- 82* 84#- 83*
State aid
Land grant
Western Pac bds 101 - 93
102 -101
S. Pac. of Cal., 1st
108#-105* 103#-107* 106#-105# 106#-105#
93
91*- 90*
93#- 92
85#
94*- 87
-
—
103#-101% 103#-102*
S3
93
-
91*
92*- 90*
_
106 #-105#
106*-106‘ 107*-106* 108*-107#
93*- 92* 90*- 83* 92#- 90
94#- 92
92
96
91* 92
90* 93*- 92
93#
93*- 92
92#- 91#
-
-
98
95
-
-
-105
105
__
95 - 93* 97#- 95
103 -102* 105 -103* 103 -102*
94 - 91
93#- 93
108 #-106
103#-107* 106#-105#
_
_
93
96#- 96#
92#- 92#
-101* 104#-104
94#- 94
107 -106# 107*-106*
108 -104# 106#-105%
101*- 99# 103#-101
104#-P 2* 104* -104
100#- 93 103 -101
85#- 83# 90 - 84*
102*-101* 103 -101*
—
5 —
103
—
96
102
97*- 95# 95#- 92* 96
93* 100#- 95# 103 -101#
100
99
105 -101# 104 #-103*
102*- 99* 101 #-10;
88
89
98
93*- 93
86# 92
99*- 93# 100
79
74*- 73
82*- 76* 87
73* 77*- 76
8*
93*
-
-10)
89#- 87
2d mortgage
South. Pac. of Mo.
-
74#- 73
Kans.Pac.,lst,6s,’9o
1st do., coup.
1st 6s ’96
-
-
-
-
-
-
.
.
-
.
-
-
..
.
.
.
-
...
104 -102# 100#- 99*
102 *-101# 103*-102#
100 - 99
96* 93 - 96
82
85-84
84*- 83
105#-100
108*-101#
-
1*30
84
-
....
....
....
-
103
-103
'
_
J,
__
■
81
coup, e.tfa
-
80
100#- 99
"*
••••
....
—
1#
......
.,
,
•
•
•
•
—
-
,...
-
....
—
....
-
..
68*- 63*
_
67
__
8
18#- 14#
13#
-
18
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cp 103
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81*- 80*
-
69
Quincy & T., 1st,’93 81
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West. U. Tel., cp.,1900 107
registered
| 107
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69*- 6)
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83-88
80-80
coupon
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86#- 85#
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pref.
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80
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YEAR 1878.
THE
Low.High Low.High. Low.High.
83
80 - £3*
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80
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81* 70*- 73#
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21#
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30
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50#- 58*
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120 -122# 120 -120
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N. Y. Cent. & Hud.R.
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1#104*-108* 103*-106 103%-ior* 105#-109* 105#-110%
112
109 -114
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108#-110 107#-112
New York Elevated.. 75- -100
85-85
80-95
N. Y. N. H. & Hartf.. 153 #-155* 156
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159' -160# 1
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MISCELLANEOUS STOCKS FOR
80
29 *
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95
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83
....
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Cler. Col. Cin. & In
34
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88
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11
Low.High. Low.High. Low.High Low.High. Low.High.
•
95
-
-
.
68
[Compiled from all sales of Stocks~at
January. February
95
-
105#-105# 10S#-108
106 #-105# 1103 -108
COURSE OF PRICES OF RAILROAD AND
STOCKS.
96
-
-
-
...
—
8 2 - 82
103 -103
107 #-107#
89
79
75#- 72#
50^- 50#
69*- 66* 72*- 70
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85-83
82
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_
..
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32#- 30
-
-
25
Pur.Com itect’E.D.
W. Div....
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1st, ext., ex conp...
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1
50#- 50*
—
—
86
-
45#- 38
83 - 85*
5 3 - 50
30 - 25
35 - 30
80-80
1
42
88
-
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90#- 90# 98-96
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90*
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88
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40-31
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_
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42
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14#- 13
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_
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—
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109
-
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18
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121#-121#
117#-116* 118*-117*
109 -107# 109#-108
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111# 110
107*-106* 109 -103
57
52
61*- 57
19*- 17#
17#- 15
32 - 30#
30*- 30
109#-107 109*-109
—
-
18
121 #-121
-
—
^
Tol. C. S. & Det.,lst..
Tol.P.& W., 1st, E.D.
Illinois Central
Kansas Pacific
Lake Shore
Louisville & Nadir..
MichUfan Central.
Ho. Kansas & Texas
73*- 71# 73#- 71#
_
....
—
Sinking fund, 1900..
Texas & Pac!fic, 1st
do
13
-
-
2d, class “C,” Pi06.
2d, class “B,” 1906.
South Side, 1st, 7s
Harlem
-
.
St.L.K.C.&N\r.est.,7e
pref..
70*
21
-
St.L.& S.F.,“A.” 1936
do
13
-
12
12
-
_
-
2d preferred
2d income..
Bellev. & So. Ills, 8s
-
13
«.
-
2d mortgage
Brie
do $4 assess, paid.
do pref
do $2 assess, paid.
i3
-
-
...
•
St. L. Alt & T. II., 1st
Railroads.
Albany & Susqueh'a
Burl. C. R ip. & ~~
-
120 -119* U9#-118# 122 -119#
-119* 121 -119* 121#-120# 119 -118
116 -115
114 -112# 115*-115# 115*-115* 116#-116
-112* 114*-U4
106 -106
105 -106
111 -107
115 -114
113 -113
-104* 105#-105
110*-110
t07#-107
110 -110
110 -110
110*—110* 110 -110
113#-113
106 -101#
107
103
-106
-108
107 -107
105#-105# 105#-105*
105%-105
106*-106#
35
32
32#- 3i* 35*- 31
37*- 35* 44
47-43
57 - 45
37* 42#- 36
45*- 38* 45*- 42
14
13
13
8*- 8*
10#- 10
8*- 8#
16#- 14
12* 14*- 12
13#- 13# 18 - 13
38
36
32
31
35
35
32-32
40*- 40
37*- 37
32*- 30
3)*- 30
:0o%-104
104#-103# 105 -104 104 -103
109*-10 4* 108*-106* 109 -108* 104#^103# 104*-102* 106*-104#
65#- 65#
110 -110
107' -107
Ill -111
105 -103
ii2#-ii2
110 -106*
85
87
70
65
52
60 - 60
83*- 85# 85-85
81# 88
89#- 80# 88#- 65
63* 66#- 63*
69
70
69
70
62
68
69 - 67
67
61
25-23
30-30
30
26
64#- 25
25*- 19
_
Ex coupon..
2d mortgige.
Ex coupon
74
67
-
-118* 120
-112# 114
105
I07#-105
Rome W.&Og.con,lst
St. L. &I. Mt., 1st...
....
-42
42
_
9*-
P7,con., s.f.
-
....
...
_
16
-
916....
4th mortgage
Col. C. & I. C., 1st..
2d mortgage.,
-103
91*- 89#
108#-107
_
_
2d, income.
Pennsylvania RR. —
Pitts. Ft.W.&C.,lst 118 #-117* !18*-118
119
111 -110
2dinoitgage.
U2#-lll# 113
ex
78
-
72#- 65*
__
Inc.cp.No.il, 1916
3d mortgage
....
105X-104X
104
40-40
78
_
_
—
.
...
-
,,
109
109
■
..
Clev. &
...
104#-1C4#
...
_
..
No. 16,
-
...
-
97*- 95* 100*- 97# 102*-100# 102*-100* 100#- 98#
_
-
-104
_
94#
-107#
-106*
-103#
95
109
_
_
7s,Lv.Br.,cp.ctf8.
7s, R.&L G.D.’99.
coup, ctfs..
7e, land grant, ’80
2d, 7s, ’81
coup, ctfs
.
104
...
'
ctfe.
95#- 93
105*-104#
_
Union Pacific, 1st.. 101*-103# 105#-104# 107#-105# 106#-105
106#-105# 106*-105#
Land grant
104#-101 104 *-104 106 #-101# 103* 102* 10i#-103* 10?*-106# 103*-107# 106*-104# 107*-105*
Sinking fund
Pacific of Mo., 1st..
-
_
.
....
7#-
8#
13*- 13*
7*- 8*
7#- 8*
14*- 15# 13*- 15
14
i20#-!24#
122
6*- 8*
-
15*
1
-
125#-126# 1
-124
11
2#
.7#- 7*
12
THE CHRONICLE.
[Vol, XXVill,
COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS SROCKS—Concluded.
March.
April.
Mat.
Pitt*. Ft. W.& C., gua
do
Renns. &
Low. High.
Low.High.
87
85
special
92
-
Saratoga...
do
pref.
$t. L. I. M. & South
4#- 4#
20#- 2 2
2#-
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90
14#
5-7#
98
\2
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12
iik- i3
-100
6#-
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100*-1C0# 100
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4#- 4#
20#- 22
20-22
20#- 23
23#
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94#- 96
84#- 84#
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82V*81#- 85
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52# 45#- 50#
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32 - 32
25-25
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Consolidation Coal...
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Maryland Coal
Pennsylvania Coal....
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9#-
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150
Penn.Anthracite Coal
Spring Mount’n Coal.
Mariposa L. & M. Co
...
-
...
...
—
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pref.
Quicksilver
pref
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28
25 - 25
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75
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Auth’rizing
Character of Issue.
Act.
-
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.
25-25
••••
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..
...
..
-
.
_
..
...
....
75
-
.
76
-
...
-
12
30
.
....
....
80
-
...
6s, Oregon War
68 of 1881
6s of 1881
6s,
6s,
6s,
Debt
of
-
134
-
35
...
-
...
-
....
-
...
-
3#
3*/s
38*- 40#
12
33
18
....
-
13
-
33*4
-
19
-
....
-
....
...
60#- 74#
-
-
July&A.,’61
130,267,0 '0
144,2-0,^00
18,205,850
117,622,550
16,209.500
251,175,500
164,715,150
6s,
6a, Funded Loan, 1881 July 14,’70
do.
1841 July 14, ’70
4s,
do.
1907 July 14, ’70
13i.369.700
...
-
...
-
Debt
2*2#-
Which Interest Has Ceased Since
Maturity.
total amount of over-due debt
yet outstanding, which has never
been presented for
payment, of $22,416,460 principal and
$395,531 interest. Of
this amount, $21,130,592 is on the “called”
five-twenties.
Debt Bearing no
Interest.
Total
not
Old demand notes....
...
Legal-tender notes...
Feb. 25, ’62
-j
Mar.
Certificates of deposit.. June
3, ’63
$17,950,522
$62,035
8, ’72.
July 17, ’62
Mar. 3, ’63
Fractional currency-
June 30, ’64
Coin certificates..,
Silver certificates.
Prior to 1869.
Series of 1869
Series of 1874
Series of 1875
Series of 187S
Feb. 12, ’62
July 11, ’62
Mar. 3, ’63
Feb. 23, ’78
First
Second
Third
4,287,376
3,111,2'»7
....
3,009,085
3,906,238
1,794,187
Fourth....
Fifth
346,681.016
34,515,000
16,108,154
$121,443,035
8,P-7
bearing Interest in
at 6 per cent
at 5 per cent....
at 4# per cent
at 4 per cent
Total debt
bearing interest
.*
*
in coin.
Interest.
$657,840,200
in
1,809,812,850
•
•
•
•
$84,226,063
•
•
25
.
24#- 24#
..
...
-
...
-
...
-
....
...
149
-149
-
80
-
75# 72*- 73
-
bearing
no
“
in the
.
.
•
*
•
•
-141
“
•
-
....
3*-
•
3*
....
38*- 39#
10#- 13
32
-31«
22
-
....
-
23
....
80-80
—
....
...
...
34#- 40
9#- 12
31#- 34#
-150
75
•
3-3
-
150
80
....
-
74#- 74#
__
....
.
-
...
Amount
Outstanding.
3#-
5
Interest.
Lawful Money—
$14,0 "'0,00
$210,000
395,531
22,446,460
$346,743,051
34,515,000
16,108,15 i
24,076,830
interest
$121,443,035
8,197
Treasury—
$34,841,792
2,302,544,138
-
224,865,477
Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates of deposit
as provided by law.
4,516,550
10,000,000
34,515,000
Total
$273,896,027
2,038,648.111
Debt, less amount in the Treasury, January 1, 1879
Debt, less amount in the Treasury, December 1, 1878.
..
2,027,414,32$
Increase of debt daring the past month.
Decrease of debt since June 30,1878.
$1,233,785
7,138,7^0
Bonds Issued to tlie Pacific Railroad
Companies, Interest
Payable in Lawlul Money.
Character of Issue.
Interest
Amount
Outstand’g.
Central Pacific
Kansas Pacific
Union Pacific
Central Branch, Union Pacific..
Western Pacific
Sioux City and Pacific
paid by
Interest
lid by
tr’nsp’t’n.
rep
United St’s
Balance of
Int. paid
by U. S.
$25,885,120 $15,687,019 $2,516,742 $13,170,276
6,303,000
4,238,433
1,744,68-3
2,493,749
27,236,512 16,786,896 6,145,2:4
10,641,681
1,600,000
1,0*9,808
71,145
998,362
1,170,560
1,077,0'0
9,367
1,067,713
1,628,320
975,801
83,64s
892,152
$64,623,512 $39,335,034
10.5'1,102
The Pacific Railroad bonds are all issued under the acts of
J uly 1, 1862, and
July 2, 1864; they are registered bonds in the denominations of $1,000,
$5,000
and $10,000; bear 6 per cent interest in
currency, payable January 1 and July 1,
and mature 30 years from their date.
The following is a comparison of the condition of the
Treasury
January 1, 1878, and January 1. 1879:
,
Currency
special fund for the redemption of fractional
currency
Special deposit of legal tenders for redemp¬
tion of certificates of deposit
Coin
Coin and silver certificates
Coin, less coin and silver certificates
Imports (12 months ending Nov. 30).,
Exports (12 months engine- Nov. 30)
$4.515,&0
10,000,000
10,000,(*X>
32,830,000
34,515,000
224.865,477
24 076,830
106 0 *3.505
20.745,30)
5.907,346
349.941,776
17.764,0 3
38.033,484
2,015,955,4 2
71,621
;..
1879.'
$5,498,844
139,518.405
33,424,9 0
outstanding coin liabilities...
Outstanding legal tenders
Outstanding fractional currency
Outstanding silver coin
Total debt, less cash in
Treasury
Increase of debt for December
Reduction of debt since July 1
Market value of gold
70V*-6ti,650
250,000,000
198,790,000
.
-
3#
...
Other
Coin—
"
3*
32#- 33*
19
25*
...
Outstanding called bonds
Amount
Bonds
Bonds
Bonds
Bonds
-
....
1878.
21,58*),700
2.496,130
Outstanding.
•
$2,285,757.
136,187,912
25,643,296
•
-
Note.—The increase of the debt during the month is due to the
payment of
$5,500,000 Halifax Award; otherwise the ordinary decrease wou d have been
132,683,091
34,176,192
Aggregate of debt bearing no interest.,
Unclaimed interest
Debt
Interest
Total
Total.
July 17,’61
j
...
$2,267,702,345
debt, principal and interest, to date, Including interest due
presented for payment
Amount
Coin
Authorizing
Amount.
25
....
30-41
12#- 13
73#- 76
...
Principal. Interest
Issues.
-
Total.*
59,054,350
10,2-56,250
50,285,500
7,879,900
192,991,450
21,255,800
255,264.850
85,261,250
62,330,300
a
Acts.
20
4,424,000
on
Character of Issue.
bearing
Unclaimed interest
3s, Navy pension. Act July 23,’68, Int. appl’donly to
pens’ns $14,000,000 $210,000
There is
...
Coupon
Aggregate of debt bearing interest in coin
1,050.311.200 $758,971,650
Coupons of $;50 and $100 bonds are paid annually in March.
81zes.or denominations of each issue of bonds are as follows: (a) Coupon,
fbOW),
Registered J5 0JJ(6) coupon $1,000, registered $1,000, $5,000, $10,000,
(c) $50, $100 and $500.
(cf)^coupon, $50, $100, $500 and $1,000, registered,
same
and also $5,000 and $10,000.
’
6
On the above issues of bonds there is a
total of $4,0S1.903 of interest overdue
and not yet called for. The total
current accrued interest to date is
$30,146,160
Debt Bearing Interest In Lawful
Money.
I
...
Fractional currency
Coin and silver certificates
*
-
12#- 15
20#
28#- 29*
20
-
140
on which Int. has ceased since Maturity.
Debt bearing no Interest—
Old demand and legal tender notes
Certificates of deposit....
945,000
55.743,750
19
—
.
Debt
$260,000
March 3, ’63
10-40’s
March 3, ’64
5-20s of 1865, new. March 3, ’65
5-20b of 1867.
March 3, ’65
5-20s of 1868
March 3, ’65
....
Navy pension fund at 3 per cent
Total debt
13,991,000
14*- 16*
—
I
as
Outstanding.
June 14, ’58
Feb.
8, ’61
March 2, ’61
65#- 68
20*- 23*
....
25
-
...
IX2#-
1*
2
x38#- 39#
t
....
.
_
;
-
25
—
in Coin.
Registered.
5s of 1858
6s of 1881
65*- 69*
19*- 23*
_
....
Bonds
9#
3*7*-
-
-155
*
*-
“
....
38Vi x33 - 30#
16# 13 - 13*
37
31#- 33*
74#- 7o*
....
Interest
Periods.
-
-
THE
Debt
10#
-
-
-
•
DEBT STATEMENT FOR DEC1878.
The following is the official statement of the
public debt
appears from the books and Treasurer’s returns at the close
business on the last day of November, 1878 :
•
•
15#- 15 W,
85 #-102
93#-102
x92#- 96*
106 -109# 105*4-l(i8
105*4-107
47*- 40* 48
50* x46 - 50
47
47*- 50
48# 45 - 47*
95
97X 93 - 90* 95 - 99*
43#- 52# 37#- 47* 34*- 38#
__
—
115
-
..
-
-
....
.
72#- 77# x73*4- 77
....
-
.
,
78
-105
••••
16#- 19
-
—
9
11
27*- 29*
....
•
—
-
—
•
—
....
-
25-25
10 - 10
152 -155
-
1*-
l1/*
—
-
25
10
-155
-
...
x35#- 36V?
16
16#
30
15
20*
-
25-28
—
-
—18*
•
-100
6X- 7#
24#- 26*4
3#- 4#
4#- 5#
9#- 11*
—
io
-
1#-
•
-1*20
75
05
78
*"
•
4-4*
4
21 - 26
1 #- 3*
9
66*
•
100
7Vi- 9
11*- 15#
4Vi- 7*
5#
22*
2*
5
•
•
...
-100
2*-
13*
-
-
—
25
10
152
50-50
i#-
-
32
Id
_
-
-
100
17*- 19*
-
73#- 73#
...
30
19#
-
io
.
16
...
66
92
8?#- 95* 84*- 94
97*
105 -106#
103#—105 V4 102*-106
50
46*- 47# 46
4J#- 50*
5)
46*- 48* 44
43* 49
91
x90#- 94# 90
90#- 93#
53#- 59# 47*- 54# 48#- 53
30
-
155
29#- 31#
31#
24#- 25
9#- 10
_
15#- 16
-
-
-
,
#- 2#
30#- 32
31
-
-
71
•
-102
30
Canton
Cent. N J. L’d & Imp
Manhattan Gas
New York Gas
New York Mutual Gafc
Pullm’n Palace Car Co
Union Trust Co
Sutro Tunnel Co
”79#- 84# 79#- 83# 81#- 87#
102 -101#
101#-102* 101 -104
49# 48#- 49# 49#- 5i# 47
49*4
50-51
47
49
40#- 51
46#- 50
89
90
95
84#- 88
89#- 91# 92
46#- 56# 51#- 57# 5!#- 56# 55
58*
76#- 80#
100
48
-150
.
1#
1#
1#30
Mining
67
as®
98
..
-
17 -18#
20-20
27 - 31
b4 - 61
15*- 18*
_
United States Expr.
Wells Far<ro Express.
Del. & Hudson Canal
American Coal
Ik
....
H*- 18#
78
17#- 21#
18#- 21 ^ 20
64
-
-
...
...
-101
2-2
5-5
—
1#- 2#
1#
-
....
5-6#
7*4#- 4*
4*20#- 21
20*1#2-3#
3#5#- 8
6#-
_
-
....
68#- 72*
12#- 15*
15
-
November December
96*- 99* 97#-109* x99#-10, |
....
-101* 100
....
5-6
4-4
20-21
_
-
...
-120
72
American Distr. Tel
Atlantic & Pac. Tel..
Gold & Stock Tel....
Southern & Atl. Tel..
Western Union rlel..
| October.
94#- 95# 95V4-100
....
—
Pacific Mail
do
12
Sept’mb’r
—
Union Pacific
Wabash
Warren
Miscellaneous.
do
90
92#
-
—
Stonington
Ontario Silver
-
August.
_
pref.
pref.
Adams Express
American Express
90
5-6
20#- 23X
St. L. <fe S. Francisco
1st
4-4*
.
pref.
do
do
3#- 3#
12#- 13
-
St. L. Kans C. & No
do
4#- 4)4
1UX- 17*
6
71$
93
-
.
July.
Low.High. Low.High. Low High Low.High. Low.High. Low.High. Low.High. Low.High. Low.High.
89* 88-92
-
-
,.
St. L. Alton & T. H..
Low Hi h.
June.
.
January. February
STOCKS.
200,783,647
21,718,700
4,624,267
346,681,0:6
16,103,154
39.931,957
2,028,648,411
1,233,785
7,183.720
14,202,780
102*
482,292,9 *4
430,661,998
623,<>K. 13
739.971.739
100*00
January
THE - CHRONICLE.
4,1679.]
llfcnneiaiegl ©ummcrciaX fguflltsh Hews
English Market Reports—Per Cable.
Sat.
Dec 28
oz
d. 49%
Console tot money.. 94%
**
account.. 94%
Dec. 30.
S.8.6s
.8.10-408
(5-30s) 1887... .104%
110%
104%
110%
Silver, per
U. S. 5a of 1881
U. 8. 4%b of 1891
Erie com stock
Illinois Central
95
95
Au9
106%
1
*
>,
/
a
S3
2
H
....
82%
•
33%
12%
.178170.
12
23
•
82
:
Liverpool Cotton Market.—^Hee special report
Liverpool Breadstuffs Market.—
sat.
Wheat, spring, No.l
do
do
do
do
do
s.
d.
s.
*9 OS
o
23
101 lb
do No. i new “
winter W. new “
Southern, new. “
Av. Cal. white.. **
Cal. club
“
Mon.
....
0
9
0
2
6
3
0
8
8
9
9
9
24
23
•
•
8
8
9
9
9
24
23
d
0
•
•
0
9
0
2
6
3
.
8
8
9
9
9
24
22
0
•
•
•• .
•
»•
•
0
9
0
«3
'O
•e-4
’o
1%
5%
-
W
1874
1873
Fri.
b.
d.
23 0
3
9
0
7 11
8
9
0
8
1%
3
9
9
0
1
9
9
9 5%
22 6
21 9
Market.—
Sat.
d.
8.
Bacon, short ci’r,
40
23
24
77
31
45
new
Beef, prime mess, new.
Lard, prime West... $
Cheese, Amer. choice.
0
0
6
0
0
0
Sat.
.
.
Rosin, common
Rosin, fine
“
“
40
23
24
77
30
45
Werl..
8. d.
Tues.
d.
40 0
23 0
24 6
77 0
30 9
45 0
e.
0
0
6
0
9
0
*
'O
»-H
o
w
Thur.
b. d.
40
23
24
0
0
6
0
9
75
30
45
0
Fri.
8.
40
d.
0
23- 0
24
75
30
45
0
0
0
0
d.
6
0
6
10 0
e.
36
22
4
Mon.
s. d.
36 6
22 0
4
6
10
0
c8
•H
London—
Petroleum, refined... $ gal.
Petroleum, spirits....
“
10%
8%
12%
10%
13
....
'H
•
Thur.
d.
6
0
8.
36
22
4
10
Fri.
8. d.
6
36
22
4
6
0
6
0
10
0
10
9%
....
Imports
Exports
Week.—The
7,375
4,452
$266,811
18,871,418
$15,142,553
1872
$5,547,311
25,737,562
12.879,116
1871
8,618,290
11,581.771
6,264,464
18,779,929
1870
1869
1868
14.976,001
7,163,070
Sub-Treasury have been
follows:
Receipts.
Coin.
Customs.
$129 000 $1,020,852 55
1,161,359 92
1,393,431 33
362,000
284,000
,
Payments.-
,
Currency..
Coin.
Currency.
$256,075 50 $2/55,880 86 $1,015,873 36
693,766 97 1,460,097 02 1,662.333 56
433,526 19 3,058,834 69 1,061,605 50
Holiday
Balance, Dec. 27
2,844,260 50
929,709 98
115.233.390 65 47,553,942 23
Balance, Jau.
113,202,618 37 43,532,675 87
'
3
...
'
1/23.970 90
2,231,475 70
'
—Messrs Drexel,
their department for
Morgan & Co., we observe, have enlarged
dealings in government bonds, and are pre¬
pared to buy, sell and make exchanges on the most favorable
terms.
This firm, now occupying the finest banking house in
America and one of the finest in the world, has been especially
prominent during the past five years for its large and successful
negotiations of bonds—both of the United States, of cities and of
corporations..
Funding Associatiqn,
U. S. A., in another column, notifying Virginia bondholders
(whose assent has not already been given) of the proposition for
proportionate funding into 4 per cent bonds, secured by tax re¬
ceivable coupons, and a sinking fund.
The proposed plan is
before the
Virginia Legislature, with strong hopes of its adop¬
tion, and all interested should give attention to the subject im¬
mediately and give in their assent unless they have some good
reason
©sraraetxial audHIisjcellauemts %ews.
973
Foreign gold
Amer. silver..
—Attention is called to the notice of The
Wed.
s. d.
Tues.
8. d.
36 6
22 0
4 6
10 0
462
10,483
38,134
Same timem—
...
Dec. 23
“
30
“
31
Jan.
1
2
“
3
Produce Markets.—
n
Liverpool—
Tallow, prime City.. $ cwt.
Spirits turpentine
“
Mon.
8. d.
766
1878 ($11,863,195 silver, and $7,275,034 gold)..$19,138,229
The transactions for the week at the
8
5%
^..Amer silver..
Amer. gold...
...Amer. silver..
Aspinwall
1875
....
9
9
9
24
22
97,000
1,500
1877
1876
• •
l
•
26—Str. Scythia
Liverpool
26—Str. Gral Bismarck
Amer. silver.,
St. Thomas
2?—Str. Costa Rica
Corento
...Amer. gold...
27—Str. C. of Rio de Janeiro.Rio de Janeiro.. .Amer. silver..
27- Str. Ularibel
Kingston
Amer. silver..
Belize
Total for the week ($224,323 silver, and $42,438 gold)
Previously reported ($11,633,872 silver, and $7,232,546 gold)....
as
Thur.
a. d.
23 0
9,808
3,148
Total since Tan. 1,
Same time in—
on cotton.
Wed.
s.
d.
Tues.
s.
d.
23 0
•
•
•
19,800
gold...
Dec. 24—Brig Cleta...
95 7-16
107%
O
Amer. silver.
Amer.
Gold dust....
49%
95%
104%
110%
109%
107%
22%
82%
33%
Laguayra
Dec. 27—Str. Acapilco
Frl.
Jan. 3.
49%.
95%
95%
104%
110%
109%
*
110%
109%
107*
22%
32%
Phila. & Reading
Thor.
Jan. 2.
Jan. 1.
95
95
103
1
21 %
80
Wed.
49%
49%
108V
Pennsylvania
Tue».
Dec. 81.
Mon
Dec. 24—Str. Bermuda
Dec.
Dec.
Dec.
Dec.
Dec.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
P London Money and. Stock Market.—The bullion in the Bank
of England has increased £635,000 during the week.
13
for
delay.
—One of the old and powerful financial corporations of Europe
is the Nederlamche Handel-Maatschappij, or Netherland Trading
Society, of Holland. This company was established in 1824, and
has been the agent for the Dutch Government in the transporta¬
tion and sale of the products of its colonies, haviDg a paid-up
imports of
compared with those of the preceding week, show
a decrease in
dry goods and an increase in general merchandise.
The total imports were $5,564,356, against $4,393,335 the pre¬
ceding week and $7,272,070 two weeks previous. The exports capital of $14,400,000 gold, and numerous agencies in the Eastern
for the week ended Dec. 31 amounted to $5,782,673, against possessions. The company has just established an agency in
New
$7,269,771 last week and $6,331,833 the previous week. The ton York, and placed its management in the hands of Mr. Stan¬
Blake, formerly of Blake Brothers, bankers, and Messrs.
following are the imports at New York for week ending (for Oliver
S. Carter and Henry E. Hawley (of the firm of Carter,
dry goods) Dec. 26 and for the week ending (for general
Hawley & Co.) as agents. The agency will execute, upon favor¬
merchandise) Dec. 27:
able terms, orders for the purchase or sale of merchandise, bonds,
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
stocks, and other securities in the United States, Europe, and in
1875.
1876.
*. 1877.
1878.
the East, make collections, buy and sell exchange, give advances
Dry Goods
$053,969
$610,658
$773,073
$903,923
General merchandise...
upon merchandise for export, and in general transact a commis¬
3,876,000
3,384,914
3,678,660
4,660,433
sion business.
The sterling exchange will be issued upon the
Total for the week..
$4,451,733
$4,529,960
$4,015,572
$5,564,355
and
for
the
last week,
Previously reported....
318,997,693
274,496,079
311,744,897
231,315,788
Total for year......
$323,527,653
$278,531,651
$316,196,630
$286,830,144
In
our
report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie)
from the port of New York to foreign ports for the week
ending
EXPORTS FROM NEW YORK FOR THE WEEK.
1876.
1875.
For the week
$3,739,424
251,767,862
1877.
1878.
$6,958,910
272,138,226
$5,317,093
290,028,647
15,782,673
341,128,200
Total for year
$255,507,286 $279,097,136
The following will show the exports of
New York for the week ending Dec. 28,
$295,345,740
$346,910,873
Previously reported..,.
specie from the port of
1878, and also a com¬
parison of the total since Jan. 1, 1878, with the corresponding
totals for several previous years:
Dec. 28—Str. Mosel
«■
Southampton.. ...Mex. silver dols..
Bremen..... Ger. gold coin
$16,860
....
700
Amer. silver bars.
35,000
Londou
Total for the week ($51,360 silver, and $7C0, gold)
$52,060
Previously reported ($6,510,463 silver, and $5,826,134 gold)
Total since Jan. 1, 1878
12,337,197
($6,561,823 silver, and $5,827,434 gold). ...$12,389,257
Same time In—
Same time in-
1877
1876
1835
1874
1878
187*
The
been
58 689 171
1869
1868
1867
1866
house of Winslow, Lanier & Co. This house has long been prom¬
inent for its extensive business in banking for corporations, cities,
towns, &c., in Ohio, Indiana and Illinois, and for the many loans
which it has negotiated in this market.
—Among the changes in Wall street this January is one in the
house of Glendinning, Davis & Co., bankers and brokers, New
York and Philadelphia. Mr. John H. Davis and Robert P. Ander¬
son will constitute the new firm, having for their Philadelphia cor¬
respondent the house of Robert Glendinning & Co. Messrs. Davis
are well and favorably known on the street, and
/all
the activity and business ability which has characterized the man¬
agement of the old firm may be looked for in its successor.
& Anderson
—Messrs. I. N.
Phelps, James Stokes and Anson Phelps Stokes,
Phelps, Dodge &
Co., have formed a copartnership under the firm name of Phelps,
Stokes & Co., for the purpose of conducting a foreign and domes¬
tic banking business at 45 Wall street, where they have fitted up
fine and commodious banking offices for the accommodation of
until Jan. 1 members of the well-known firm of
;heir friends and
customers.
The well known
financial and
business abilities of the members of the firm will no doubt
enable the house to command at once an influential position in
financial circles.
4
^
Messrs.
follows:
Paine
—-Attention is called to the large number of bonds and stocks
which January interest or dividends are paid at the banking
on
70.841,599
imports of specie at this port daring the same periods have
as
Union Bank of London.
Mayaguez....
$4,000
26,269
Foreign gold
Amer. gold
1,360
13,449
1,980
»
*
•
Amer. silver
Amer* ^oid«•••
Gold duet
Silver bare
Gold bullion
17,391
• ••
3,338
3,150
1,188
735
Walston H.
Brown & Bro., 34 Pine street, Npw
York, have advanced the price of the first mortgage 7 per cejat
Krnds of the Sioux City & Pembina Railroad Company from 87^
;o 90 and accrued interest.
They report that only a few of these
x>nds remain yet unsold.
,
,
—The
Plumas Silver Quartz Mining Company announce
monthly dividend for December, 1878. A chaDge of offi¬
cers has recently taken place.
C. W. Reed resigns and H. C.
lidwell is elected President, and Mr. H. J. Rogers as Secretary
in place of A. P. Marshall.
Messrs. W. H. Guion and H.-J.
Rogers were also elected Directors.
another
14
THE CHRONICLE.
ceived in a single day.
The prospect of the speedy redemption
of five-twent'ps unsettles the nolders of all those
bond.*, and even
the ten forties era a little out of favor with
buyers, as they will
stand next to the five-twenties for
redemption.
3£fcje hauliers7 (iaxcttc.
NATIONAL BANKS ORGANIZED.
The United States
Comptroller of the Currency furnishes the
•following statement of national banks organized
:
:2,405—Yates County National Bank of Penn Yan, New York. Authorized
capital, $50,000; paid-in capital, $30,000. Andrew Oliver, President;
Frank R. Durry, Cashier. Authorized to commence bu-iness December
30, 1878.
DIVIDENDS.
The following dividends have recently been announced
Name
of
Per
Cent.
Company.
Books Closed
(Days
The
Secretary of the Treasury has made the seventy-sixth call
redemption of 5-20 bonds, embracing $10,000,000, and
being the first call on the bonds of 1867. These bonds will be
paid on and after the first day of April, 1879, and interest will
cease on that
day. The description is as follows:
for the
Coupon bonds, dated July* 1,1867—$50, No. 1 to No. 5,000, both inclu¬
sive; $100, No. I to. No. 5,000, both inclusive; $500, No. 1 to No. 6,000,
both inclusive; $1,000, No. 1 to No. 6,000, both inclusive.
Total coupon,
$6,000,000.
Registered bonds—$50, No. 1 to No. 182, both inclusive; $100, No. 1
to No. l,500,both inclusive; $500, No. 1 to No.
1,050, both inclusive;
$1,000, No. 1 to No. 3,700, both inclusive; $5,000, No. 1 to No. 1,150,
both inclusive; $10,000, No. 1 to No. 1,000, both inclusive. Total
regis¬
tered, $4,000,000.
:
When
Payable
inclusive.)
Railroads.
Altlphoroii^h Branch
3
Susquehanna
prof
Cheshire
..
Delaware
Eastern ,N. II
East Mahanov
....
$1 50
Jan. 1
Jan. 2.
Jan. 6.
Jan.
Jan. 6.
Jan. 15.
$1 50
$2
354
Jan. 21.
Jan. 15.
Jan.
1.
4#
$1
3
3#
E-ist.
Pennsylvania
Housatonic, pref. (quar )
Lowell & Andover
Closing prices at the N. Y. Board have
luterest
Period
Jan. 5 to Jan. 15
10
Pftiersnn fir, Hudson Fiver
4 Vi
4
Philadelphia & Trenton (quar.)
Pitts. Ft. W. & Chic, special gnar. (quar.)
Pittts. Ft W. & Chic. guar, (quar.)
Pittsfield & No. Adams
Portland Saco & Portsmouth
Providence & Worcester
Ware River.
Winchester & Po‘c mac
Banks.
Central Nat
East River Nat
Second Nat
Third Nat
Insurance.
Hanover Fire.
Hoffman Fire..'.
Mercantile Fire
N. Y Citv
Niagara Fire
Park F.re
214
..
.
3
2#
3M
..
3
3%
3%
4
4
"Ridore.wood tB’klynl
Safeguard Fire.
Star'Fire
.
Jan. 3.
Jau. 3.
Jan. 10.
Jan. 2.
Jan. 7.
Jan.
1.
Jan. 10.
Jan.
1.
Jan. 1.
Jan
Dec 21 to
On dem.
On dem.
Jan. 6.
Jan. 6.
Jan. 2
Jan. 2
8
6
On dem
On dem.
Jan.
Jan. 1
’••••••/
•Jan.
Jan. 2.
Jan. 2.
Jan.
5
5
5
5
6
6
5
,
mm
m
r
.
^
^
$2
68,
68,
6a,
6s,
6s,
&
&
&
&
&
&
5-20s, 1868...reg. J. &
5-20s, 1868 .coup. J. &
10-40.8
reg. M. &
10-40s
coup. M. &
6s,
6s,
5s,
58,
5s, fund., 1881...reg.
5s, fund., 1881..coup.
4%, 1891
-.reg.
4%s, 1891
coup.
48, 1907
reg.
4s, 1907
coup.
6s, cur’cy, ’95-99 .reg.
J.
J.
J.
J.
J.
J
J.
J.
8.
8.
Dec.
28.
Dec.
Jail.
Jau.
30.
31.
1.
2.
106%
10938
*102Vi
*10538
10214
10518
*10778
1021b
10514
*105
108
*108
*105
*108
*10818
1081s 108%
*108
1061b
106%
107
106%
Dec.
20.
U. S. 6s, 5-20s, 1867
U. S. 5s, 10-408
5s of 1881
4%s of 1891
Jan. 11 to Jan. 15
FRIDAY, JAN. 3, 1879-5
P. M.
TTie
Money Market and Financial
Situation—There is
hut one topic of engrossing
interest this week, and that is the
resumption of specie payments. The United States Government
after seventeen years of
suspension now redeems the promise
carried on the face of its
legal-tender notes and pays them in
gold.
Deo.
27.
102%
x02%
*105
*x05
ce
2
0
w
102%
*105
*105
107
107
104% 105%
10478 *10478
99%
99%
x99%
99%
*119% *119%
three weeks past
Lowest.
and
year 1878.
Highest.
*
1043* 104% 104% 104%Dec. 23
109% 110% 104% Feb. 25
108% 108% 109% 1033s Mch. 1
106% 106% 107% 102% Feb. 25
This price was again reached on Deo. 31.
110
109%
111%
109%
107%
State and Railroad Bonds—In
State bonds the
transactions have been in Louisiana consols, which sold
68 to-day, in consequence of the default on
funding association of the United
Virginia bonds to join in urging
*162%
108% 1083s
*108% *108%
x057e 106
Range for
Jan.
3.
Jan.
3.
*10638 10638
*x063s *10630
Q.-Feb. 106i<> 106%
Q.-Mar. *10438 *104is 104%
Q.-Mar. *10438 104% 104%
Q.-Jan.
993b
99% ”9938
Q.-Jan. *10038 *10038 100%
J. & J. *11914 *11914 *119%
This is the price bid; no sale was made at the Board,
Closing prices of securities in London for
during 1878, were as follows:
*
follows:
as
Dec.
*10638 *10638
*109% 1093s
'105
*108
Q.-Feb.
been
the range
2
Jan. 22.
1881
1881
reg. J.
coup. J.
5-20s, 1865...reg. J.
5-20s, 1865 .coup. J.
5-20s, 1867...reg. J.
6s, 5-208,1867 .coup. J.
*
Miscellaneous.
New Central Coal
[VOL. XXVIU.
June
8
July 30
Dec. 31
J’ly 30*
principal
as
low
as
January interest. The
States invites the holders of
upon
the Legislature of that
State the issue on certain terms of 4
per cent bonds in place of
the old bonds outstanding.
Railroad bonds have been very active, and the Stock
Exchange
lists show heavy sales throughout.
Prices are held with
As the premium on gold has been only nominal for some
past the practical changes in the channels of business are
great
but slight, but all parties
having gold accounts can now discon¬ firmness, and it is not unusual to observe an advance of 1@5 per
tinue them, as tlie banks have done
away with their special cent in | opular bonds within the past few days.
The most con¬
gold deposits. r The opinion is quite generally held that the spicuous were tlie New York City Elevated Railroad
7s, which,
on
resumption of specie payments by the Government under
large sales, have advanced to 103£, ex-interest.
existing
circumstances is a practicable and
legitimate measure. There is
Closing prices ot leading State and Railroad Bonds for two
no
prospect of any speedy demand for coin which can drain the weeks past, and the range for the year 1878, have been
as fol¬
supply of the Treasury, and as to tlie remote future, it is far lows:
better to trust in tlie
ability to maintain specie payments under a
careful and judicious administration of the
Dec.
Jan.
Range during 1878.
government finances,
States.
and resume at once, rather than
27.
3.
delay the day of resumption and
Lowest.
Highest.
offer encouragement for all sorts of financial nostrums
calculated Louisiana consols
70%
to prolong tlie
68%
66%
Dec.
31
85
Feb. 11
uncertainty which lias already been so baneful to Missouri 6s, '89 or ’90
*106% *x03% 102^ Aug. 23 108
the country’s best interests.
June22
A buoyant tone has been noticed at North Carolina 6s, old
*18% *18% 15
Mch. 29 20
Dee. 2
the Stock Exchange, and tlie
37
*36% 30 Nov. 7 395s May 14
prices of bonds and all classes of Tennessee 6s, old
time
Virginia Cs, consol
do
do
investment securities have been
very strong.
The money market lias worked more
easily than is usual at tlie
opening of the year, and on call loans the rates have been 4@6
Prime paper is in moderate supply and moves at 4
per cent.
5£ per cent.
Tlie Bank of England
weekly statement on Thursday showed
a gain of £635,000 in
specie for tlie week,and a reserve of 28 7-16
per cent of liabilities, against 27£ per cent the
previous week.
The
posted rate of discount remains at 5 per cent.
France lost 30,000,000 francs in
specie.
The Bank of
The last statement of the New York
City
issued December 28, showed an increase of Clearing-House
$873,675 in the
above their 25 per cent
legal reserve, the whole of such
banks,
excess
excess
being $10,478,775, against $9,605,100 the previous week.
The following table shows the
changes from the previous week
and a comparison with the two
preceding years.
1878.
Dec. 28.
Doans and dis.
Specie
Circulation
Net deposits
..
.
Legal tenders.
$235,824,400
20.514.100
19.576,700
203,209,700
40.767.100
United States
Differ’nces fr’m
previous week.
Dec. $149,700
Dec.
397,400
Dec.
500,300
Dec.
415,900
Inc. 1,167,100
1877.
Dec. 29.
1876.
Dec- 30.
3o,300,500
Disfc. of Columbia, 3-05s
Railroads.
Central of N. J. 1st consol
Central Pacific 1st, 6s, gold..
Chic. Burl. & Q. consols 7s...
Chic. & Northwest. cp.,gold
Chic. M.& St. P. cons. s. f. 7s..
Chic. R. I. & Pac. 6s, 1917...
Erie 1st, 7s, extended
Lake 8. & M. S. 1st cons., cp..
Michigan Central consol. 7s..
Morris & Essex 1st inort
N. Y. Cent. & Hud. 1st, cp
Ohio & Miss. cons. sink. fd..
Pitts. Ft. Wayne & Chic. 1st..
St. Louis & Iron Mt. 1st m
Union Pacific 1st, 6s, gold—
do
sinking fund....
.
*
15,268,700
212,461,100
34,975,100
*73%
*74
*35
79
*85
108 3^
*117
79%
78
29
74
Nov. 29
July 31
Apr. 12
*87
6 i% Mch. 4
x05% 1035s Jan. 15
xl4% 109
Jan.
2
102% 103% 9178 Jan. 14
101% x99% 911b Jan.
5
*111% x08% 106
Jan.
5
115
*115
110
Jan.
7
*xl3% 109
Jan. 10
105 !e Jan.
ill78
5
*116% 1151s Jan. 5
78
41
85
Nov. 29
Dec. 6
June 10
90
July 11
1087e Dec. 27
1173* Dec. 30
106%
1023*
11114
II6I4
114
115
121
*121
*xll8 117% Sept.10 122
.103% 105
957b Feb. 20 105
*1217a "xl8% 118 Feb. 8 122
Nov. 30
May 25
Dec. 28
July 8
Sept. 26
Oct. 29
Oct.
8
June26
Nov. 18
Oct. 18
102is 8ept. 20 109is Deo. 6
ios78 x05% 1035a Jan. 7 109 Dec. 26
108% 108
923a Mch. 6 109
Dec. 30
This is the price bid; no sale was made at
the Board,
Railroad and
„
$239,173,900 $253,328,600
22,122,400
33,049,700
19,657,800
197,711,800
2d series..
Miscellaneous Stocks.—^he stock market
has partaken of the
general
buoyancy and prices have been
strong throughout the list. There has been no special bull move¬
ment to carry up
prices at this time, but under the confident tone
which ia generally felt in financial
circles, the stock market hag
naturally been the first to reflect the cheerful
which is
prevalent.
The conclusion is fairly drawn, thatfeeling
there is a con¬
siderable outside support to tlie
market, and that the
strength is based on the purchases of others than brokerspresent
them¬
selves.
Nearly all classes of stocks have shared in the rise, in-,
eluding the grangers, trunk lines/and coal roid stocks. The ar*
Bonds.—The week has been
very active in
Government bond dealings, as
might naturally have been ex¬
pected; There is a well distributed business
throughout the
issues of low interest bonds, the fives of
1881,
4\
per cents, and
sixes of 1881
rangements to have a line of steamers run in connection
apparently receiving most attention from those who the
with
New York Central and Hudson has
are
selling out five-twenties. Subscriptions to the 4 per
contributed to advance
cents all the Vanderbilt stocks.
are reported large,
The Milwaukee & St. Paul for the
the Washington despatches Jan. 2 reporti
month of December shows a
total subscriptions that
considerable increase in
day of $8,590,120, the largest ever
earnings
over the same
month of last year.
January
The
THE CHRONICLE.
4,1879.]
daily highest and lowest prices have been
Saturday,
Monday,
Dec. 28.
-•
Dec. 30.
Dec. 31.
Jan. 1.
33* 33
33*
109* 110 111
36* 36* 37
do
pref.
74* 76* 76* 76*
Chic. * North. 48* 49% 49* 50* 50* 50$
do
nref. 75* 76* 76* 78
77* 78*
C. R. L^TTac.. 120* 121
121* 122 +121*122
Del.* H. Canal 37
37* 37* 37* 37* 3S
Del. Lack.* W 41
42
41* 42* 42
42*
Erie, $4 paid.. 20* 21* 20* 21* 21* 22*
Han. & St. Jo.. *13* 14
13* 14
13* 13*
do
pref. 34* 34* 35
35* 33* 35
Illinois Cent... 78* 78* 78* 79
79* 79*
Lake Shore
69* 69* 70
71*
7W
Michigan Cent 71* 71* 71* 73* VM
§73* 75
Morris & Essex <4
75
74* 75* 75* 76
N.Y.C. &H. K. 110* 110* 111
112* 112* 114
Ohio & Miss...
‘7*
7*
7*
7*
7*
7*
Pacific Mall....
13* 13* 13* 14
13* 13*
Panama
*122 123
122* 122* "122*
Wabash
"20* 21* 21* 21* 21* 22*
Union Pacific.. 66* 66* 66*
66* 66* 66*
West. Un. Tel
93* 94* 94* 95* 95* 96
Adams Exp.... "05* 105* 106
106
105* 105*
American Ex.. "46
46* 46
46* 46
46*
United States
46
46* 46* 46
"45
46
Wells, Fargo.. 96
97* 95
96* 95
95*
Quicksilver....
12
12
*11
Jan.
l
..
——
.
..
3»* 37* 35* 36*
75* 77* 75* 76*
49* 51* 49* 50*
Dec.
im ibgi
Jan.
78*
19* 120*
38
40
43* 44* 43* 45*
23
21* 22*
34* 34*
13* 13*
"34
80* 80
80*
x67* 69*
x73* 75
76
76* 75* 76*
114* 114* 113 113*
8
7*
8*
e*
13* 14
13* 13*
?Sf ?Sf
123
123
32
32
"32
34
"32
37
*
These are the prices hid ana asked; no sale
t Sales were also made ex div. at
®687s.
§ Al60,
ex
div. at 73@73%.
Total sales of the week in
St.
Paul.
*
Doc.
“
“
Jan.
“
“
28
30....
31....
....
1
2
St. Paul
5.400
11,845
8,600
leading stocks
3....
10,060
11,355
"11
32
47
40
....
18,400
21,725
11,300
9,010
11,450
13,222
32,950
23,270
39,640 10,260
34,855 i 6,045
27,820
22,000
11,010
7,615
ll,450j
11,915
9,200
100
100
100
100
10278 100
are
@$4 88
83
74
90
70
50
108
8,451,724
8,114.894
*Chic.&Northw.&c.Novem ...1,403,728 1,236,412
13,407,69611,786,672
Clev.Mt. Y. & D..3d wk
Dec.
6,784
6,859
373,630
378,056
Tiolrnto finnflinm VuvA-mlior
09 flQd
Dakota
OA
0(1/1 O a A
t n
Southern.November.
oerr
23,686
24,307
200,234
191,357
Denv. & Rio G...November.
117,363
80,083 1,033,048
700,239
Dubuque&S.City.3d wk Dec.
18,675
15,361
922,860
899,555
Grand Trunk.Wk.end.Dec. 21 174,308
207,601 8,733,915 9,249,859
Gr’t Western. Wk.end.Dec. 20
79,891
95,076 4,312,085 4,339,142
Houst. & Tex. C. November. 408,133
340,090
Ill. Cent. (Ill.line). November. 483,948
474,012 4,934,305 4,814,922
ao
Iowa lines.November. 125,365
144,880 1,350,764 1.378,440
Indianap. Bl.&W.3d wk Dec.
27,802
21,532 1,235,928 1.190,180
Int. & Gt. North.. 3d wk Dec.
49,397
50,489 1,571,661 1.505,028
Kansas Pacific.. .3d wk Dec.
57,473
61,449 3,638,913 3.238,124
Mo. Kans. & Tex .3d wk Dec.
61,253
59,997 2,920,472 3,104,844
tMobile* Ohio.. November. 307,581
252,766 1,617,774 1,675,833
Nashv. Ch.&St.L,November. 156,994
158,731 1,482,129 1,586,145
Pad. & Elizabetht. 2d wk Dec.
5,905
7,778
Pad. & Memphis.. 2d wk Nov.
4,647
4,094
158,120
159.897
&
Phila.
Erie/....November. 317,167 353,446 2,695,752 2,915,250
Phila. & Reading.November. 1,678,394
1,133,111 11,927,488 13.092,338
St.L.A.&T.H. (br8)3d wk Dec.
12,350
9,337
487,064
508,640
St. L. Iron Mt. & 8.3d wk Dec. 119,000
154,218 4,443,715 4,395,188
St. L. K. C. & No.. 3d wk Dec.
79,081
57,028 3,253,375 3,096,900
St. L. & S.E.(St.L.)2d wk Dec.
12,921
9,272
628,537
592,406
do
(Ken.).2d wk Dec.
7,169
7,288
341,429
316,047
do
(Tenn.).2d wk Dec.
3,523
2,983
165,503
145.442
St. Paul & S. City.November.
57,584
67,445
554,615
498,357
Scioto Valley
November.
27,509
13,855
260,216
Sioux City * St. P.November.
40,017
49,251
351,666
309,141
Southern Minn...October...
44,430
110,614
535,305
536,238
Tol.Peoria* War.3d wk Dec.
25,827
20,411 1,220,363 1,089,966
Union Pacific
November.1,084,324 1,022,354 11,718,738 ll'549i295
Wabash
3dwkDec.
82,675
91,519 4,919,539 4.479,710
+
The figures in the last two columns do not embrace the
Proprietary
Roads for the period prior to June 1.
t During October and a part of
September, the operation of this road
south of Artesia, a distance of 219
miles, was entirely suspended, owing
to yellow fever restrictions.
1
Silver.—There is no gold market and no
quotation
gold loans. Silver is quoted in London at 49fd. per oz. The
following is a statement of the coinage of the Philadelphia Mint
for the year 1878 ; Eagles
Half eagles
Three dollars
Quarter eagles
Dollars
Total gold
Dollars
Trade dollars
Ha If dollars
Value.
738,000
658,700
246,972
715,650
3,020
13,235,242
10,509,550
900
689,200
Denomination.
Value.
Quarter dollars
1 wenty cents.
Dimes
Total silver
Five cents.
Three cents
One cent
Total base
Grand total
$565,200
Dimes & % dimes.
Silver %s and %s.
Five francs
Mexican dollars..
@ 3 88
2) 4 80
@ 4 00
@16 00
2)15 G5
2)
109
English silver
....
Prus. silv. thalers.
Trade dollars
New silver dollars
par.@%prem
foreign exchange
—
—
—
—
97
98
92
@ — 98%
2) — 99
@ — 94
2> — 86
2) 4 80
2) — 70'
2> — 90
84
4 75
—
—
—
68
98
99782>
—
par..
days.
3
Swiss (francs)
.7
Amsterdam (guilders)
Hamburg (reicbmarks)
Frankfort (reicbmarks)
Bremen (reicbmarks)
4.863i@4.8719;
4.80
4.85
..
(reicbmarks). ’
4.8614®4.86%
@4.81
9418@
94%®
94%@
94%@
City Banks.—The
days.
4.814.82*
4.8 Ik 2>4.81 %
4.79%@4.80%
5.2438@5.2114
5.24%@5.2114
5.24%@5.2l14
3978@ 40
Paris (francs)
New York
follows:
are as
Antwerp (francs)
Berlin
are
60
on
60
@4.86
4.84*2)4.85
5.2134@5.18%
5.21i4@>5.18%
5.2 lk @>5.18%
40%@
94%@
94%@
94%@
94*@
94%
94%
94%
94%
AVERAGE AMOUNT
Loans and
Banks.
Capital. Discounts.
$
$
New York
2,000,000
Manhattan Co.... 2,( 50,OUO
.8,031,030
Mechanics'
6.282.500
5.751.700
3,794,000
2,000,000
2,000.000
1,200,000
3,000,000
1,000,000
1,000,003
1,000,000
600,000
Merchants’
Union
America
.
Phoenix
City
Tradesmen’s
Fulton
Chemical
Merchants’ Exch.
Gallatin National
Butchers’* Drov.
Mechanics’ &Tr.
Greenwich
Leather Mauf’rs.
Seventh Ward..
State of N. York
American Exhn’e
Commerce
Broadway
Mercantile
Pacific
Republic.
People’s
.
Citizens’
Nassau
Market
St. Nicholas
37.100
155.400
50.500
500,000
3,000,000
600,000
1,030.000
500,000
1,000,000
.
1,250,000
300,000
400.000
Importers’&Trad 1,500,000
Park.
2,000,000
Mech. Bkg. Aes’n
500.000
Grocers’
300,000
North River
240,000
...
.....
East River
250,000
MannCrs’* Mer*
100,000
Fourth National 8,5( 0,000
Central National. 2,000,000
Second National.
300,000
Ninth National..
75),000
First National...
500,000
Third National..
982.700
N. Y. Nat. Exch.
300,noo
Bowery National
New York County
German A mer rc’n
Chase National..
$
44,000
312.400
Shoe and weather i,ooo,roo
Corn Exchange
1,000,000
Continemal
Oriental
Marine.
tion.
$
7.614.200
3.957.200
5,263,900
4.521.600
1,958,000
412,500
..
Deposits.
250,000
200,000
750,000
300,000
31,000
221.000
9.500
162,100
403,900
284.003
180.400
39.400
1.544.700
63.100
240.300
11,613,000 1,290,000
955,000
15,905,300 1.343.400 1,515,600
893.303
4,664,000
343.700
3,063,203
2.957.700
1.340.900
1.710.500
5.413.100
1.895.500
12,276.000
1,520,000
1,944,000
2,392,50)
1,899,600
3,649,000
3.385.400
I4:,7d0
3.767.900
1.255.400
3,485,000
35.400
14,994.100
9.537.500
542.700
445,200
779,800
675.100
317.700
14,000,000
?,173,000
->
$
$
1.186.400 1.109.200
533.500
735.700
500.300
958.800
514.800
930.8,0
227.200
540.600
963,000
1,439,100
214,000
591,000
1,145,300 2,043,000
301.200
148.700
173.200
369.400
764.700 2.253.200
194.700
626,100
170.300
361,000
139,000
82,000
3.184.000
5,000,000
5.000,000
1,000,000
1,000,000
422.700
1.500,000
OP
Specie. Tenders.
2, L 0,300
944,000
800,000
week
Circula-
600,000
300,000
1,000,000
1,000,000
95
9595
95
Net
300.000
600.000
200,000
300,000
North America..
700,000
Hanover
l,f00,000
Irving....
Metropolitan.
8.109.200
Legal
1,977,000
5.733.400
2.941.200
1.389.500
9.674.700
3.125.900
3,461,800
1,095,000
1,258,000
831.100
'450,000
Chatham
5.354.200
40%
following statement shows the
condition of the Associated Banks of New York
City for the
ending at the commencement of business on Dec. 28, 1878 :
,
$10,872,900
$445,088
Documentary commercial
the second column.
Denomination.
Double eagles
$445,000
Prime bankers’ sterling bills on London.
Good bankers’ and prime commercial...
Good commercial
comparison.
The latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the gross earn¬
ings of all railroads from which returns can be obtained. The
columns under the
heading “Jan. 1 to latest date” furnish the
gross earnings from Jan. 1 to, and
including, the period men¬
tioned in
for
$.
27,188,000
Jan. 3.
outstanding is given in the
Gold and
1,870,750
1,215,403
considered better,
days’ bills to equalize^
quotations with short-sigh^terling. On actual transactions rates:
were about
4'83@4*82|- for bankers* 60 days’ sterling, and 4'87£
for
..
-Latest earnings reported.
✓-Jan. 1 to latest date.
EARNINGS.
Week or Mo.
1878.
1877.
1878.
1877.
Atch. Top. & S. F.3d wk Dec. $86,000
$53,172 $3,850,847 $2,620,392
Atl. & Gt. West...November.
336,833
377,629
Atlantic Miss.& O.November. 175,892
161,338 1,575,216 1,613,930
Bur. C. Rap. & N.3d wk Dec.
31,432
32,728 1,495,108 1,219,647
Burl. &Mo.R.inN, October... 307,581
216,233 1,553,677 1,056,683
Cairo & St. Louis. 1st wk Dec
4,419
3,853
206,093
220,019
Central Pacific...November. 1,513,000
1,855,774 16,314,363 15.696,093
Chicago Alton..3d wk Dec.
93,906
65,119 4,622,894 4,386,140
Chic. Burl. & Q...October. .1,368,348
1,290,114 11,746,897 10,285,021
Chic. & East. Ill..3d wk Dec.
16,759
13,029
Chic. Mil. & St. P.December. 716,468
669,920
$951,410-
1,215,000
1,834,000
quotations in gold for various coins:
$4 83
..
Currency.
$951,150
7,816,000
30,140,000
and bankers have advanced their rate
Total.
47,260 53,365 71,595! 68,375 163,975 49,390
119,262
Whole stock. 154.042 122.794 149.888 215,256
524,000 350,849 494,665
The total number of shares of stock
last line for the purpose of
following
demand.
Quotations for
8,850
20,200
Holi dav
....
$4,688,000
Exchange.—The advices from London
pref.
5,400
....
....
Gold.
*....
follows:
7,125
14,510
....
Fine silver bars
Fine gold bars
97*
made at the Board,
51,130
16,650
21,700
100
100
100
3
X X Reichmark8. 4
X Guilders
3
Span’ll Doubloons. 15
Mex. Doubloons.. 15
t Also, ex div. at 68%
were as
100
100
100
100
100
Napoleons.
07
95*
105*
#
9
U..
{Low.
100
Sovereigns
21*
Lake
Shore.
14,660
16,300
16,300
ii
The
124k 124k
22*
North¬ N’rtliw. Del. L.
West,
west.
& West. Un. Tel.
pref.
...
....
was
119%@12014.
were ; as
Balances.
Gold
Clearings.
High Clos.
This week 100
100
Prev. w’k 100
100
S’ce Jan. 1 10278 100
35
80
-
pref.
4i
22
18* 13*
28.. 100
30.. 100
31.. 100
1..
2..
ii
76* 77*
22* 21*
66* 66* 66*
94* 96* 91*
106 105*
:—:*105*
"46
47
"46*
43
46
"45*
95* 97
97*
.
do
Open
111* 111*
x
and clearings and balances,
Quotations.
33* 34*
77
of gold,
range
Friday,
Jan. 2
SSf
....
The
*
follows:
Tuesday, Wedn’sd’y Thursday,
Central of N.J.
32* 32*
Chic. Burl.& Q. iOt* 109* 109*
C. Mil. & St, F.
35*
^
follows:
as
15
342,760
612.900
681.800
643.100
17.4C0
134.303
67,000
478,100
47.400
649,000
340,00)
753.800
395.600
1,773.003
91500
379.300
47.500
2)16,100
42.800
74.500
438.100
112.800
253.000
465,000
155.000
712,6(0
58,2)0
18o,00 J
261,000
310,00)
1.329.400 3.769.500
476,600 2.852.500
131.600
33.400
114.200
1,400
119.903
-46,100
,
2.744.600
6.724.600
1,968,000
5,810,000
1.709.300
2.356.700
1,818 800
8:4 000
944,000
28.',000
56.900
102,700
404,500
1.628.700
1,448,000
12.025,200
485.000
789.200
6,623,000
1.855,000
3.112.800
1,458,300
1.374.700
5.803.901
9,6 P',200
165,603
719.900
214,000
806,000
1.139.700
1,957,830
:,b?3,50C
278,70)
319.903
591,500
145,000
256,000
198,000
2,700
293,100
28,800
45,000
1.710.700
5,051,300
439.800
1.726.900
172.800
9,114.009 2,231,000
1,748,703
217,500
1.795.200
3,900
303 000
1.612.700
624,203
624,900
2,531,000
689,600
1.930,7v 0
4,700
2,899,400
764,400
1,094,300
2.430,000
358,000
16,469,200 1,093,600
11.623.800
536.800
431.900
294.800
3.500
1,266,600
369,000
291.400
753,100
810,300
1.810.300
882,200
1.440.600
189.000
8,073,COO
9.502.300 1,713,900
2.958.600
412,600
2.733.800
179,400
2,009,800
1.919.200
450,000
2.791.800
401,000
1,129,100
5,400
85,870
3.304.100
135,700
7.310.100 2,120.500
5.670.100
352,600
1,079,000
52,030
1.162.400
20,000
1.155.900
5,2C0
139,100
2,117,800
1,897, .00
192,300
246,000
1,053,900
9.451.700
627.7U0
527,800
1,853,000
7,500-
86,500
44,700133,500
1,100
125,600
1,050,900
1,494,000
270,000
597,500
45,000
799,000
269,400
223, OuO
180,000
245,700
120
Total
16,800
11,932,850
...
117
70
57,908
58,186
$25,226,278
*
62,707.910 235.824,403 20,514,100 40,767.!UO 203,209,700 19,576,700
No report; same as last wepk.
The deviations from returns of previous week are as follows :
...Dec.
$149,700 Net deposits
Dec. $415,900
Dec.
Specie
397,400 Circulation
.Dec.
500,800
Legal tenders
Inc.. 1,167,100
Loans
.
16
THE CHRONICLE.
QUOTATIONS OF STOCKS AND
XT. 8. Bonds and active Railroad Stocks
are
quoted
on a
8BOUMTLB8.
Bid.
Alaoama 5i, 1883.
do
5l, 1886.
do
8s, 1886
do
8s, 1883
do
8s, M. A E. RR..
do
8s, Ala. ACh.R.
43
43
43
43
Sk.
•
‘*5
do
88 of 18J2
do
8s of 1893
Ark anBaB 6b, funded
do 78, L. JR. & Ft. 8. Isb
do 7a, Memphis A L.R.
do 78, L. R.P. B.&N.O
do 7s, Miss. O. A R. R.
do 7s, Ark. Cent. RR...
Connecticut 6a...
105
Georgia 6s
20
20
20
3
3
3
3
3
do
7s, new bonds—
do
7s, endorsed.
do
7s,gold bonds...
Illinois 6s, coupon, 1879...
do
War loan..
•
•
•
• •
t
!•••
•
-
-
*
25
5
T
t
5
5
5
101% 103%
do
do
do
do
do
107%
do
do
107
...
107
101
•
..
•
••
•
•
•
• •
•
•
•
57
.
.
•
15
v •
69
69
ioo%
102
6s,
do
do
.
•
•
•
•
•
•
•
....
.
mmm
....
...
Railroad Stocks,
Active previ'usly quot'd.)
Albany A Susquehanna...
Burl. 0. Rap. A Northern.
70%
23
Canada Southern
47
80
Chicago A Alton
do
pref
UH
&
Dubuque A Sioux City.
Erie pref.,|2 asseM. paid.
$90
108
.
20
Clove. Col. Cln. & I
Cleve. A Pittsburg, guar..
Col. Chic. A I. Cent
Del A Hud., 1st Pa.uiv., cp. <s
do reg
Albany A Susq. 1st bds ...
do
2d do
•ado
8d bonds...
d «
1st eons, gtuh
Rens. A Saratoga, 1st coup .
35%
"
0
60
99%
110
100
94
92
97
$118
do
lstre*...
Denv.A Rio Grande 1st m.,1900
Erie, 1st mort., extended.,
do
2d
do
7s, 1879....,
do
Sd
do
7s, 1883.
$118
93
105%
101%
do
do
do
V V *
•
T
^
*
19%
•
•
•
Non-fundable bonds
19
85
...
•
•
•
Ask.
Ho"
.
•
8
19%
12
11%
•
•
12%
2%
2%
2%
•
•
•
•
•
^
*
do 1
do
103
;;;
107%
AND
ex-matured coup....
2d mort
.
Tennessee 6s, old
do
6s, new
do
6s, new series
Virginia «s, old
6s, new bonds, 1966....
6s,
do
1867
6s, consol, bonds
6s, ex matured coup;...
6s,consol., 2d series....
6s, deferred bonds
D. of Columbia 3-65s, 1924,
•••«
t..t
Tol. A Wabash,coupon
do
istm.St.L. dlv
do
Bid.
.
-
18%
1886
STOCKS
...
....
t
1
85
do
1868
New bonds„J. A J
do
A. A O
Special tax, Class 1
do
Class 2
do
Class 3
Ohio 6s, 1881
MISCELLANEOUS
BKOUBITIK8.
Rhode Island 6s, cp., ’93-4
South Carolina 6s..
Jan. A July
April A Oct
Funding act, 1866
Land GV, 1339, J. A J
LandC., 1889, A. A 0..
lfk.
10
10
7fl of 1888
do
A. A O
N. C. RR
J.AJ
do
A. A O
do coup, off, J. A J
do
do‘ off, A. A O
do
AND
.
113
120
.
'
RAILROAD
.
do
1892
do
do
.1893
North Carolina—
6s,
Funding act, 1866
103
103%
103%
do 1887
do
.
117
103
103
105
102
6a
Ask.
110
110
...
..1891
113
1389 or’90....
or Un.,due 1892
Bid.
New York State—
tfs, gold, reg....1887
6s, do coup.. 1887
6s, do loan... 1883.
101%
...
axcnjnrriBs.
-
101%
do
do
.
•
•
•
67%
Asylum
Funding, due 1894-5...
Han. A St. Jos., due 1886
103
103
Kentucky 6a
1386
1837
1833.
IN NEW YORK.
Prices represent the per cent value, whatever the
par may he
BONUS.
Ask.
52
52
52
52
52
52
52
6s, new
do
6b, new float’g debt.
de
7s, Penitentiary
do
6s, levee
do
8s, do
do
8a, do 1875
do
8s, of 1910
do
7s, consolidated
do
7b, small
Michigan 6s, 1873-79
do
6s, 1883
do
7s, 1890
Missouri 6s, due 1882 or ’83
#
•
Bid.
ao
#
•
BBOtTBITIKS
Louisiana 6s.
• •
•
BONDS
previous page.
STATE
[vol. xxvnr.
small
registered
1%
3d%
29 %
29%
31
20
26
20
74
54
35
796
7924
'7891
40
8
79*
79*
BONDS.
107%
$108
Extended,
ex coup.
equip’t bonds
...
90
93
100
80
9
99%
79%
5
do
con. convert
71
do
ex coupon
62
Great Western, 1st m., 1888..
do
ex coupon
107*
do
2d mort., ’93
99%
do
ex coupon
79%
Quincy A Toledo, 1st m., ’90..
•
o
ex coupon
77%
Illinois A So. Iowa, 1st mort $110
do
ex coupon
$93
Pekin Llnc’ln A Dec’t’r.lst m
Western Union Tel., 1900,cp... 109
do
do
reg
$109
...
Tol. Can. S. ADet. 1st 7s,
g
Union A Logansport 7s...
Un.
Pacific, So. Br.,6s.
80
00
Sonth’n Securities
(.Brokers' Quotations.)
02
STATES.
new consols, A..
Alabama
io'7%
g..
51
76
65
B, 5s
43
44
71
73
46
48
do
4th do
79% Georgians, i*87‘9-*’*89.V.'
105
78, 1830....
101% 103
S. Carolina con. 6s (good).,
do
5th do
7s, 1888
107
80
do Long Dock bonds...
Rejected (best sort)
40
60
110^ 111
Texas 6s, 1892
Long Island
Buff. N. Y. A E. 1st.m., 1916... 109
M.AS. +103
105
Missouri Kansas A Texas.
7s, gold, 1892-1910. .J.AJ. tll2
Han. A St. Jo., 8s. conv. mort.
118
101% 101%
Nashv. Chat. A St. Louis
7s, gold. 1904
Ill. Cen.—Dub.ASloux C..lstm 101
J.AJ +J13
115
New York Elevated RR..
140
145
do
10s, pension, 1894.. J.AJ fJOi
do
2d dlv.
102
N. Y. New Haven A Hart. 157% 160
Cedar F. A Minn., 1st mort..
89
CITIES.
OMoft Mississippi, pref
Indlanap. Bl. A W., 1st mort...
31
Miscellaneous List.
Atlanta, Ga., 7s
Pitts. Ft. W. A Ch., guar.. ioo
97
101
do
do
100
2d mort...
(Brokers'
8s
Quotations.)
do
do
special.
103
Lake Shore—
34*8
109
Waterworks.
Hensselaer A Saratoga .
CITIES.
97
Mich S. A N.Ind.. S.F., 7 p.c. 109%
90
Augusta, Ga., 7s, bonds...
Rome Watertown & Og.
Albany, N. Y.f 6s, long
97
Cleve. A Tol. sinking fund..
103
100
100
107%
Charleston stock 6s..
Buffalo Water, long
Bt. Louis Alton A T. H....
4
48
do
2%
110
new bonds....
53
112
10»% 110
Charleston, S. C., 7s, F. L.
do
do
9
Chicago 6s. long dates
11
pref.
Cleve. P’ville A Ash., old bds 100%
tioi iT02
72
102%
do
Columbus, Ga., 7s, bonds. '60
Belleville* So. Ill.,pref.
7s,
do
do
sewerage
new bds
107
1-100%
llt'%
do
Bt. L. I. Mt. & Southern...
Lynchburg
6s
7s, water
14
Buffalo A Erie, new bonds...
99
$109
110
Macon bonds, 7s
do
Bt. L. K. C. A
7s, river lmprovem’t
Buffalo A State Line 7s.
55
60
North’n.pref
ioo
tl06%
Memphis bonds C
Terre Haute A Ind’polls..
Cleveland 7s, long
*70 100
20
Kalamazoo A W. Pigeon, 1st $100
tI09
F0
lio
Bonds A and B
United N.J.R. AC.
Detroit Water Works 7s....,.,
128
20
Det. Mon. A ToL.lst 7s, 1906
30
110
+110% 112%
Endorsed. M. A C. RR.
Elizabeth City, short
28
Lake Shore Dlv. bonds
75
40
111
Miscel’ous Stocks.
85
Compromise
do
do
45
Cons.
71
long
53
Atlantic A Pae. Tel
coup..
1st.
28 % 29
113%
os (coups, on)....
Mobile
Hartford
6s, various
do
Cons, reg., 1st.,
104
107
Am. District Telegraph...
113
20
8s
(coupons on)
do
Cons, coup.,2d.,
Indianapolis 7-30s
1T05
Canton Co., Baltimore....
107%
104% Long
23% 25
6s, funded
Island
do
City
98
Cons, reg.,2d....
10 i
American Coal
27% 30
Newark City 7s long
Montgomery, new 5s
Marietta A Cln. 1st mort
tics
111
Consolldat’n Coal of Md..
20
New 3s
do
Water 7s, long.... 1112 115
’30
Mich. Cent., consol. 76, 1902,...
40
Cumberland Coal & Iron.
112% Oswego 7s
Nashville 6s, old
do
75
1st m. 8s. i882, s.f.
85
tioi
102
Maryland Coal
io
68 new
do
Poughkeepsie Water.
80
85
equipment bonds.
1-110% 111% New Orb ans
Pennsylvania Coal
Rochester
prem.
5s....
C.
Water
Mo.K AT.,cons ass., 1904-5-6.
32
bds., 1903. fl 12
35
114
Boring Mountain Coal....
50
51% Toledo 8s.
Consolidated 6s..:
30
do
2d
105
water,
1894-’94
38
109
M vrlposa L. & M. Co
m.lno., 1911
3
17% Toledo 7-30s
Railroad, 6s..
H.
A
Cent.
25
+99
30
Mo.,
do
101
1st, 1890
do
96% 99
pref.
Norfolk 6s
3% New Jersey Southern
Yonkers Water, due 1903
95
110
Ontario Silver Mining....
lstm.7s
39
40
Petersburg 6s
95
N. Y. Central 6s, 1883
ioo
104%
Railroad Bonds.
RAILROADS.
do
104
110
6s, 1887
104%
Atchison A P. Peak, 6s, gold..
(Stodr Exchanue Pt'ices.)
Richmond 6s
77%
103
do
82% Savannah
104
68, real estate...
Boston A N. Y. Air Line. 1st m
103%
Boston H. & Erie, 1st in..
7s, old
33%
101%
do
64
07
6s, subscription, 103%
Cairo A Fulton, 1st 7s,
do
7s new
guar.
90
gold...
134
92
do
A
04
67
118
Hudson, 1st m., coup
California Pac. RR., 7s, gold
Bu^.C. R& North., 1st 5s..
118%
97
68% 68%
100
\ coup 75
do
do
85
lstm., reg. $121
do
Mlnn.& St.L.,1st 7s gua
6s,
2am.
83
8s,
gold.
g.
)
on.
88
Hudson R. 7s, 2d m., s.f., 1885
Central of Iowa lstm.
Chesft. * Ohio
1st in.
RAILROADS.
40
7s,gold.
45
Canada South., 1st guar
do
76% 76% Chic. A Can.South lstm. g. 7s.
lex four conp
30
36
Ala.AChat.,Rec’s ctfs ,var
Harlem, 1st mort. 7s,coup...
20
00
120
Chic. A East. 111. 1st
hlcago A Alton 1st mort. a 12
02
Atlantic A Gulf, consol...
mort., 6s
04
do
do
95
7s, reg...
98
120
do
do
2d m. Inc. 7a.
Income.
18
Consol., end.by Savan’h
20
101%
North
20
Missouri,
lBt
mort
38
d>
104% 104% Ch.St.P. A Minneap., 6s,g.,new
sink’g fund
87
Carolina Cent. 1st m. 6s,g.
88
Ohio
A
30
Miss.,
sink.
consol,
fd.
35
105
do
Joliet A Chicago, 1st m.
do
1. gr., 68, g
Cent. Georgia consol.m. 7b
42% 43
do
104
consolidated.... 104%
100
La. A Mo., 1st m., guar..
Chic. A S’thwestern 7s, guar..
91
Stock
io2%
do
2d do
09
72
Cln. Lafayette A Chic., 1st m..
St.L.Jack.A Chic.,1st m. 107% 108
74% 75
72
Cbarl’te Col.A A., cons. 7s
76
do
1st Spring, dlv..
87
Chic. Bur.A Q. 8 p.c.,lstm
Col. A Hock V. 1st 7s, 39 years,
88%
do
do
109% 110
2d 78.
Pacific
+103%
Railroads—
104%
57
05
do
do
r 1st 78,10
consol, m. 7s 114
years,
+99
Cheraw A Darlington 8s.
101
Central
Pacific
gold
103
bonds..
do
105%
5s sink, fun i
do
2d 7s, 20 years.. +90
East Tenn. A Georgia 6s..
91
do San Joaquin branch
90
Dan.
94%
Urb. Bl. A P. 1st m. 7s, g.
Ch.Rk.I.AP..s.f.lnc.6s,’95.
30
E. Tenn.AVa. 6s.end.Tenn
40
do Cal. A Oregon 1st
90
95
Denver Pac., 1st m.7s,
94%
6s, 1917, coupon
35
E. Tenn. Va. A Ga. 1st. 7s.
ld.gr.,g.
108% 108%
41
do State Aid bonds
100
102
6s, 1917. regist’d
Erie
A
Pittsburgh
7s
1st
100
$108%
Stock
do
Land
Grant bonds..
35
45
Keok.AD M’s,1st 1 g.,5s
do
95%
con. m., 7s..
89
36% '87
T'
Georgia RR. 7s
Western Pacific bonds
100
110
Central of hi. J1st m., ’90 n
103% 104
do
7s, equip...
6s
5%
78
Southern
Pac.
of
98
Cal.,
1st
m.
95
102
do
1st consol
Evansville A Crawfordsv., 7s.. 101
87
Stock
105
Union Pacific, 1st mort. b’ds
70
75
do
&8sented
105% Evansville Hen. A Nashv. 7s...
41
72% 72%
Greenville A Col. 7s, 1st m.
do
Land grants, 7s. 103% io«
90
do
conv
Evansville,
H.
T.
A
80
Chic.
7s.
48
53
g.
7s,
guar
do
*3*5
Sinking fund... 107- 108% Flint A Pere M. 8s,Land grant. *85
do
38
assented
7>% 71%
90
Macon
A
Anar.21
Pacific
R.
endorsed
of
Mo., 1st mort... 105; 105% Fort W., Jackson A
92
97
do
adj’mt b., 1903
30
34% 85
40
Sag.
8s,'
89
do
Memphis
A
Cha’ston
1st
7
2d mort
97
10a
Grand R.A Ind. 1st 7s,
$....
Lehigh A W. B. con.guar
98%
55
99
2d 7s
52%
l.g.,
gu,
97%
do
70
do
Income, 7s.
80
do
do
ist 7s, l.g., not gu
assented.
35
85
Stock
30%
do
IstCaron’tB
Am. Dock A Imp. bonds
8
do
5%
1st ex 1. g. 7s,
50
50% 55
South Pac. of Mo., 1st m
A
Little
Rock Is
Memph.
35
do
90
40
do
Grand
River Valley 9s, 1st m..
tssented.
90
10*
Kansas Pac., 1st m.. 6s, 1895..
Mississippi Cent. 1st m.
102
Ch.Mll.A St.P. 1 st m.3b,P.D 122% 53%
105
Hous. A Gt. N. 1st 7s, g., certs.
70
2d mort., ex coupons
72
do
with coup. cifs.
91
do
2d m. 7 8-10, do
92
Hous. A Texas C. 1st 7s. gold.
97
107%
100
Miss. A Tenn. 1st m. 8s, A.< 108
do 1st m., 6s, 1896
do
1st 7s, fg.,K.D
110
do
West,
dlv
91
103% 104%
93
1st
do
with
mort.,
8s,
B
82
coup. ctfs.....
do
1st m.t LaC.D.
85
do
100%
Waco
92
106%
Mobile A Ohio sterling 8s
94
do 1st, 7s, Leaven,
07
do
1st m., I.AM...
hr.,’96
s
72
do
103%
consol, bds.
83
85
do
with coup, ctfs
Sterling
ex
cert.
6s
do
07
1st in., 1. AD.
72
$40
Ini. Bloom; A West., 1st
101% 101%
do 1st, 78,R.AL.G.D’d.’99
*
90%
8b, Interest
do
50
55
Istm.,H. AD. 101%
Indianapolis A St. Louis 1st 7s
58
do
2d mort. 8s
64
with coup. ctfs...
15
do
20
71%
indlanap. A Vlncen. 1st 7s, gr..
lstm., C. AM. 107 107%
84
do 1st m., 7s, I’d
90
New 1st mort
do
gr.,
’80.
J 75
consol.slnk.fd
International
77%
99% 99%
1st
70
(.Texas)
7s...
do
with
71
New
debentures
do
coup, ctfs
84
2d m
25
35
Int. H. A G. N. conv. 8s
100
15
do 2d mort.,7s. 1896.
20
N. o. A Jacks. 1st m. 8s..
do lstm.,7s, I.AD.Ex
103
108
Jack.L. AS. 8s,lstm.,“white” tl02
99% 101
do
with coupon ctfs..
Certificate,
mort.
8s.
2d
Chic. A N. West. sink, fd.
101
Kal. Allegan. A G. R. 8s,
110% 111%
99
do Inc. cp.No. Lon 1916
gr...
101
Nashville Chat. A St. L. 7b
do
99
$12
102
lnt. bonds, +106
Kalamazoo A South H. 8s, gr..
88
do Inc. cd. No. 16on 1916
1st, 6s, Tenu. A Pac. Hr
do
87
consol, bds 113
$13
Kansas
City
A
Cameron
10s...
do
103
105%
1st,
Den.Dlv.Trust Re *...
63,McM.M.W.*Al.Br
do
16
ext’n bds..
Keokuk A D.M., 1st 53, gr. R.I.
106
do
80* 87
Nashville A Decatur 1st 7s ioo
Detached coup. do.
do
lstmort..
Long Island RR., 1st mort.
109% 110
100
100
Norfolk A Petersb.lst m.8s 103
Pennsylvania
RR—
do
cp.gld.bd8.
Louisv. A Nashv. cons. m. 7s.
Pitts. Ft. W. A Chic., lstm..
1st mort. 7s.
103%
104% 104%
do
100
118%
103
reg. do
do
2dm.. 7s, g..
do
91
2d mort. 8s.
do
Iowa Midland, iBt m. 8s. 105
2dm.. $114%
92
91
Michigan
Air
Line
do
8s,
1890
+
100
do
105%
Northeast., S.C., 1st m. 8s. 1(3
3d in.. 109
Galena A Chicago Ext
Montclair A G. L.ist 7s, (new).
100%
2d
Cleve.
A
mort.
8s
Pitts., consol., s.f.
Peninsula. 1st m., conv.
90
113
N. J. Midland 1st 7s, gold
115
*25
do
27
4th mort....
Orange AAlex’drla, lets,6*
Chic. A Mllw., 1st mort.
i*05 106%
85
95
Y. Elevated RR., 1st m
110
104
Col. Chic. A Ind. C., 1st mort
105
ids,6s.
Winona A St. P.. 1st m..
72
70
58% 58% N. Y. A Osw. Mid. 1st.
0
do
7
do
3ds,8s
2d mort
do
IS
2d mort.
30
40
19%
do recelv’s ctfs.(labor)
25
Rome Watert’n A Og., con. 1st
30
C.C.C.AInd’s
32
1st m.7s,SF.
41118,88
30
12
20
111
do
do
*s
St. L. A Iron
(other)
20
25
Rich. Fred. A Potomac 6b.
do
Mountain,
1st
m.
110
consol, m. bds
95
Omaha
A Southwestern RR. 8s
93
do
mort. 7s
do
113% 114%
Del. Lack. A West., 2d m.
2d m..
*85
100
Oswego A Rome 7s, guar ....
St. L. Alton A T. H.,lst
90
93
Rich.A Danv. 1st consoles
do
mort.
lio
80
85
7s, conv.
Peoria
ioo
Pekin
A
J.
1st
mort
do
*20
40
South
2d
do
west.,Ga.
.conv
78,’Kd 105
mcrt.. 7s, 1907
mort.,pret..
90
110
Pullman Palace Car Co. stock.
105
do
74
75
2d mort. lnc’me
Southwestern. Ga., stock
Syr. Blngh. A N.Y. ibt.le
49
80
do
odSrf, 8s, 4th series
102%
Belleville A 8. Ill.R. 1st m. 8b
95
Morris A Essex, 1st. m..
07% S. Carolina RR. 1st m. 7s.
92
105
95
St. L. A I. Mt. (Ark.
116% 117
Tol. Peoria A Warsaw, 1st
Br.) 7s, g.
85
90
78, 1902, low Nos
do
E.L
2d mort..
30
38
108
St.
L. A San F., 2d m., class A.
109
do
1st
00
W.
D
7s,
non
mort
do
32
bonds, 1900.
90% 98
do
do
class B.
do
33
Savannah
A
Char.lst
do
m.
7b’
Burlingt’n
Dfv.....
“5
constructs
10
do
do
class C.
do
2d mort. 1880
30
32
Cha’ston A Sav. 6s, end.
do
P0
$20*
40
7s, of 187i
97
St. L.ASo’east.
98
do
40
West Ala., 1st mort. 8s....
consol. 7e, 1919
cons.7s,gold,’94
do
1st con. guar.
$20
106
108
St. Louis Vandalla A T. H.
785
do
36%
1st. *99
104
2d m.8s, guar
P.Cora.Rcpts,lst,E.D 98
100
Del.AHud.Canal, 1st m.,^
108
do
'93
do
00
do
2d, guar
70
PAST DUE COUPONS
do
lst.W.D
97
do 189
18
*92
93%
do
Mans.
90
Sandusky
A
Newark
7s.
do
95
do
Bur. D
Tennessee State coupons..
1st extended
15
South Side, L. 1., 1st m. bonds.
25
109
do 1st pref. Inc. for 2d M
70
85
South Carolina consol....
do
coup. is. 189.
40
do
sink. fund...
20
do
do
20%
forcons’d
VIrginla
ree. 7s. 1R«'
coupons
20
South. Minn. 1st mort.
Tou A Wabash, 'Rt. m. pyronn
98
7s, ’88..
Consol, conn
|$135
70
do
*
77
7s. 1st
84
rrlce nominal.
87% \fqnnph1n Citv eonnonn...
t And accrued interest.
SO
*40
$No price to-day; tnase a.e latest quotations
made this wee*.
i.40
Harlem
Joliet A Chicago
Kansas Pacific
.
>...
*
•
•
•
*
*
*
"
i*2&
.
•
*114*
•••••«••
'it
....
...
««••••
WUm’ton*,N.c!,6a,g.
..
'28%
ioo%
10*$
.
*95%
•
,
.
....
i05%
.
ttf|
.
io*8%
$::::
•
...
• •
•
•
•
•
.
*88%
...
.
.
....
.
^
%
THE CHRONICLE.
1879.1
JANUARY 4.
17
EARNINGS OP LONG IBLAND RAILROAD AND LEASED
LINES.
STATE, CITY AND CORPORATION FINANCES.
The Investors’ Supplement is
published on the last Saturday
of each mouth, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
In that shape. '
ANNUAL
ges,
earnings for other roads
Total earnings
expenses
ENDING
From passengers
“
freight
“
express
mails
rent of property
Premium on bonds
Rent of roads
“
“
t
Expenditures.
For rent of road, V. & M. R. R.*
“
rent of road. Conn. R. R. R
“
interest on bonds
4‘
interest, other
427,298
25,303
20,591
18,505
307
161
1,243
1,715
16,268
23,920
23,715
24,557
$1,498,733
$1,473,177
earnings
Proportion of working
receipts
expenses
to
$1,497,914
»
1,060,477
Net
1,000,019
$412,700
$49^195
72 p. c.
66X p. C.
gross
.
SUMMARY OP EARNINGS AND EXPENSES.
Earnings.
substance,
track and
equipment have placed them in a better condition than they
were ever in before.
This company has been obliged, from the
nature of a business seeking an outlet by way of the Hoosac tun¬
nel, to change radically the standard of its road from one doirg
mainly a local traffic with a light equipment, at a moderate rate
of speed, to one doing a through western traffic, with a
heavy
equipment, at a high rate of speed and a greatly increased mile¬
age.
This change has absolutely required the making of great
improvements upon the whole road. The company has leased in
Boston Constitution wharf, and purchased the Shawmut elevator.
The lease was made for a term of five years, with the
privilege
of purchasing within that time, or of
leasing for a second term of
five years and a third term of ten years.
Notwithstanding the considerable increase in business, the
additional income derived therefrom was insufficient to
equal the
increased payments on account of rent of roads and
interest, and
the net earnings of the year, including all
receipts and expendi¬
tures, have decreased $32,987.
THE TEAR
442,323
28,64-1
..
1877.
The directors’ thirty-seventh annual report states, in
that the additions duriug the year to the road-bed,
Receipts.
$1,022,798
25,555
Operating
REPORTS.
1878.
$957,845
&c
Total
Lessi proportion of
an d ferries
Fitchburg Railroad.
(For the year ending September 30, 1878.)
RECEIPTS AND EXPENDITURES TOR
1877.
From passengers
From freight
From ex
;pre8a..i-.
From hoistage.,
From wharfage.
From telegraph
From United States mail
From sales of old material
Rents of buildiDgs, land, newspaper
privile¬
AND
,.
$1,473,177
$1,497,914
$1,060,477
$1,000,019
s.
Expenses of transportation, including
».
174,134
‘435,891
688,266
.
Construction and equipment.
Account of funded debt
196,606
145.614
128,386
20,000
)
October 1, 1877
104,683
Totals.
,
$2,358,768
GENERAL INVESTMENT
$1,593,314
NEWS.
Boston Hoosac Tunnel & Western.—Some
years ago, when
completion of the Hoosac tunnel was supposed to be near,
two companies—the Troy & Boston Railroad and the
Albany &
Northern Railroad—were formed to counect with the
tunnel
road. The Albany road failed, and in 1862 the
Troy & Boston
Company leased its road-bed, and other property, in perpetuity,
after the tunnel was opened for traffic.
Three years ago the
SEPTEMBER 30, 13',8.
rie railway endeavored to obtain
permission from the Troy &
Boston railroad to reach Boston by the use of the latter’s
road,
$544,326
but as the Troy & Boston road was under the
Vanderbilt influ¬
1,091.515
ence, the effort failed.
The Erie Company and the Delaware &
27,582
30,912
Hudson Canal Company, with Boston
capitalists, last year com¬
24,820—$1,31?,157 menced the construction of a road
parallel for several mUes with
11,312
the Troy & Boston Railroad,
107,464
using the roadbed of the Albany &
Northern Railroad.
Suit was commenced by the
Troy & Boston
$1,937,933 road, which claimed possession under the lease. The case has
been in court for several months, until
lately, when Judge
Osborn decided that the Troy & Boston road was entitled to
$1,354,621
pos¬
231,941
session.
The opposition road has laid rails the whole
3,750
distance,
65,100
28,854
•
Total expenses
1,684,167
Net earnings
$253,766
*
The interest paid on the funded debt of the Vermont*
Massachusetts
Railroad, and the amount paid into the sinking fund for the payment of said
debt, is included as lent in onr expenses.
Dr.
Trial balance, September 30,1878.
Construction acct’s
j Capital stock
Cash and cash funds..
| Bonds
Real estate
Notes payable
Stock materials
Due connect’g roads
Fuel
Vt. & Mass. R. R
Imp. V.
639,018 Unclaimed dividends
Sinking fund.
;.
138,559 Coupon No. 2
Uncollected freight...
Coupon No. 9
Suspense account
Profit and loss
Or.
..
92,303
7,963
i;he
built bridges, and had begun
running trains.
—General Burt, President of the Boston Hoosac Tunnel
&
Western Railroad, says that an
appeal will be taken from the
decision against his road. Security will be
given,
final decision, and trains will be run in the meantime.pending the
Central of Iowa.—It is reported that
ments have been made within the
lowing figures
are
given:
over $65,885 of
improve¬
past ten months, and the fol¬
Total
earnings for 10 months ending Oct. 31
Operating expenses for 10 months ending Oct. 31
Total expenses, including renewals, for 10 months
ing Oct. 31
1877.
1878.
$ >76,132
354,198
$619,427
359,705
427,853
499,180
end¬
Excess of gross earnings for 10 months endine Oct.
31,
1878. over same period in 1877
•
•••
43,294
Chicago & Lake Huron.—A dispatch from Detroit, Mich.,
Dec.
27, said : “ The Chicago & Lake Huron Railroad has been
taken from the doubtful position it has
recently occupied, by the
payment of the $40,000 taxes due the S ate, to satisfy which it
$6,626,934
$6,626,934 was to have been sold at once.
Captain John Pridgeon paid the
money, but whether in the interest of Vanderbilt or of the
Albany
Long Island Railroad.
stockholder™, or of himself, is not made public.’'
—The Detroit Post and Tribune of Dec. 28
{For the year ending September 30, 1878.)
says: " We have
Receiver Sharp has made his report to the New York State what should be the very best authority for the statement that
Engineer. He took possession October 26, 1877. $76,500 Atlantic the negotiations opened some weeks ago between Vanderbilt and
the Albany bondholders,
avenue certificates, included in funded debt of
whereby the former was to gain control
$1,881,750, are of the Eastern
Division of the Chicago & Lake Huron, have not
held as collateral security for a portion of tbe
floating debt. The been consummated. The loan
negotiated for the payment of the
floating debt of the company, when the receiver took possession, state
taxes does not at present affect the
was $1,103,309, exclusive of interest on the
ownership of the road;
same.
Since the it
does prevent its immediate forced sale. There is still due
Appointment of the receiver there has been a large expenditure
about $7,000 state taxes, for the
made by order of the Court, for the
payment of which 40 days remain.
-
payment of real estate
mort¬
gages, additional rolliug stock, opening front street, and altera¬
tion of depot at Hunter’s Point and
depot, at Bush wick. To make
a connection for the
Brighton Beach business, a track was con¬
structed connecting the Long Island Railroad with the
Brooklyn
& Jamaica Railroad at Berlin. On Atlantic
avenue additional
gates were required and constructed, and at Flatbush avenue it
was necessary to
acquire more real estate and extend the depot
facilities and tracks to accommodate the increased business
at
that point. The floating debt of
$1,157,860 is subject to a credit
of
$25,728 due by the Southern Railroad Company, October 26,
1877:
Capital
stock paid in
Funded debt.;..
Floating debt
Total amount of funded and
floating debt....
-Average rate per annum of interest on funded
debt..*
1877.
$ 3,260,600
1,853,850
952,367
2,806,2i7
7
its bonded debt.
The act provides where there are
outstanding
bonds and coupons of any incorporated town or
city of the State,
whether due or to become due, it shall be lawful for the munici¬
pal authorities of such town
or
city to issue
new
bonds with
coupons attached, to be exchangad for outstanding bonds and
coupons ; Provided, that the new bonds so issued shall not exceed
in amount the previously
outstanding total bonded debt, with
interest thereon.
The act authorizes the
3,03*610
municipal authorities of any city or
ordinance to provide for the issuance and ex¬
change of such new bonds to stand in the place and stead of out¬
standing bonds and coupons, and to determine the mode and
method of such issuance and exchange
and to fix the length of
7 per ct.
bear.
STOCKS AND DEBTS.
„
Georgia Municipal Bonds.—The State Legislature of Georgia
passed a law which authorizes the municipal authorities of any*
incorporated city or town in the State to compromise and settle
Der
ct
1878.
$3,260, tOO
1,881,750
1,157,860
town to
pass
time such
new
any
bonds shall
ran
and the rate of interest
they shall
18
THE CHRONICLE
It also authorizes the
establishing of a
fund for the
redemption of such bonds and to create asinking
commission for the
management of such fund, to consist of not less three nor
more
than five persons.
organized a new Missouri & Pacific
refuses plaintiffs any interest in theRailway Company, but now
new
company, whereupon
the plaintiffs
began suit to enforce the contract. The
case was
argued before Judge Speir in the Superior
Court on a demurrer
to the complaint,
and the Court gave
judgment for the plaintiffs
and overruled
Indianapolis Bloomington & Western, Western Exten¬
sion—This road will be sold in
the separate decree of foreclosure Springfield, Ill., Feb. 6, under
granted
the demurrer with costs.
by the United States
line from Champaign,
Circuit Court. The sale will include the
Ill., to Havana, 101 miles, with the branch from White Heath
to
Monticello, 31 miles, with the equipment
Pittsburg Titusville
& Buffalo*—The
in reply to an
inquiry as to the
of bonds and stock of the
causes
Philadelphia Record,
of the
Pittsburg Titusville
adjudged to belong to
the
[vol. xxvin
shrinkage in value
& Buffalo
Railroad*
gives the following condensed history of the
company : Four or
five short roads, which were
extension, consisting of 6 engines, 4
passenger
baggage cars, 29 box, 14 stock, 12 flat and 4 caboose cars and 3
cars, with
hand-cars, &c.
rated
friendly, consolidated
the Oil Creek &
Allegheny River
These roads were built as the
Indianapolis & Vincennes.—The
as
and
incorpo¬
Railway Company.
necessity of carrying the oil discov¬
ered aloug their lines demanded
accommodation.
As long as the
oil wells held out and
pipe lines were unknown the company paid
large dividends. During eight months of 1868 it earned
$1,197,090 25; during 1869 it earned
$2,014,427 34
Pennsylvania Company gives
notice that it has leased this
railroad, to take eff ct January 1,
1879, on and after which date it will be
“
operated in the name of
Pennsylvania Company, operating Indianapolis and Vincennes
Railroad.”
; 1870, $2,348,811 33 ;
1871, $1,675,008 56; 1872, $1,285,554
40; 1373, $1067,733 96;
Kansas.—The report of the Auditor for the
1874,
$846,851 72. At this time default was made in
year ending June
30 shows : The
paying in¬
municipal debt of the State is, in round numbers, terest cn the consolidated bonds.
Dmingl8?5 the road was in D.
$13,000,000. The personal property of the State,
McCargo’s
hands
as
receiver, when it earned $809,796 01. In Jan¬
excluding rail¬
roads, is valued at $25,606,163, and railroad
property. $15,525,- uary, 1876, the company was reorganized as the Pittsburgh Titus¬
023 ; real estate,
$97,567,615 ; total, $138,698,801—which is taxed ville & Buffalo Railway Company. It earned in
1876 $734,410 99,
as follows: For
and in the
general revenue fund, $485,445 92; for
sinking months of next year, 1877, it earned $686,471 18. During the ten
fund, $27,739 72; for interest fund;
1878 it has earned,
$110,959; for school purposes,
gross, only $430,781 74.
This ex¬
$138,698 75; total for all purposes, $762,843 39 —the rate
hibit of gross
earnings demonstrates clearly that as the production
being of oil
five and a half mills on the dollar.
The Auditor recommends
declines along the line of the road
the earnings must de¬
that the general revenue
The Titusville
levy for the year 1881 be reduced to crease.
Company
have
to pay first mortgage
three mills on the dollar.
bonds amounting to $2,580,000 on the
various roads
composing it,
the annual interest
Kansas Pacific.—In the
being
$180,600.
It
also has a second, or con¬
arguments before Justice Miller and
solidated, mortgage of $1,155,000, the annual interest on which
Circuit Judge Foster, at
is
Washington, D. C., the questions of con¬
tinuing the traffic or pooling contract with the Union Pacific & $80,850. Besides, there are about $40,000 of interest bearing
scrip
and income bonds
Colorado Central, were set over to the
amounting to $315,933. To meet all these
March term of the Court,
and it was ordered that
charges
the
company cm this year show about $500,000 of
parties have leave to file affidavits and
gross
take testimony until
earnings. It earned $250,832 10, net, in 1876, and
February
1.
$259,064
10
net
in
1877.
The net earnings for the first
A motion was made to dissolve
ten months of 1878 are
the injunction to restrain B. W.
$151,899
18.
Tnus
it needs over
Lewis, Trustee, from prosecuting the su:t
$28,000 more profits to pay its
Kansas State courts to foreclose the income begun by him in the interest on the first mortgages of the various
sub-roads.
The
The
Court
mortgage.
statements show that the
refused to dissolve the injunction.
earnings have steadily declined since
1870.
Louisiana State Bonds.—New
Orleans, Dec. 31—The
St. Louis & Southeastern.—From the
Funding Board, in executive session to-day, adopted the follow¬
report of Auditor
Young
the following statement is made up of the
ing resolution :
earnings and
expenses for the fiscal year ending October 31 :
Resolved, That the Governor of the State of Louisiana be directed
and re-
queste i to pt blish the following notice: In view of
the fact
under the
existing law, tax collectors are not called upon to settle theirthat,
accounts with
the State until
January 20, 1879—as a result, only the small sum of $8,494 is
now to the credit of the interest tax
fund of 1878—notice is,
therefore, hereby
^iven to holders of State bonds and coupons, due January
1, 1879, that this
important subject will be submitted to the
Legislature for action and remedy
immediately upon its assemblage.
The
Legislature will
meet
on
Monday, December
on
37 of the Act of 1852
pro¬
New lork & Harlem Railroad.—This
company has submit¬
ted its annual report to the State
Engineer. The following is a
summary of the report: Stock paid in,
including $400,000 in
adjusting the accounts for the construction of the fourth
avenue
Funded debt, $10,617,329 ; bonds and
mortgages on property in New York, $700,000. Present funded
and floating debt, $11,317 329. Total cost of
road and equipment,
as per last
report, $21,922,845; as per present report,
707. Fourth avenue horse
and real estate, $48,908.
railroad—expense
of
$21,963,-
maintaining road
Expense of operating road and repairs,
Receipts from passengers, $632,385.
Receipts from
sources,
$378,416.
other
$111,578.
Payments for transportation, mainte¬
and repairs, $427,325. Dividend on
stock, one of 3 per cent,
amounting to $383,500.
New York & Oswego Midland.—The
committee of holders
of Receivers’ certificates of the New
York & Oswego Midland
Railroad have received the
report of the sub-c ;mmittee appointed
to confer with a similar sub
committee of the first
mortgage
bondholders’ committee, and
agree upon the details
necessary
to
carry out the
nance
r
•
St. Louis Div.
$217,320
39^,538
Ky. Div.
|90,4C3
Total
Expenses
$645,333
477.123
earnings
Term. Div.
$358,666
754,414
49,117
107,816
12,364
8,278
$349,S47
$167,017
124,447
$168,210
Entire Line.
$‘0,923
24‘,060
28,475
Net
unconstitutional.
improvement, $9,450,000.
O.her
6.
New Orleans City Bonds.—New
Orleans, Dec. 30.—The
Supreme Court has decided the case of the State in the matter of
the Southern Bank agaiust E.
Pillsbury, Mayor, and
against the relators, reversing the judgment of the lower others,
court,
which granted a mandamus
compelling the city to levy a special
tax to pay the interest on certain
bonds held by the Southern
Bank. The Court holds that Sect
vides for an unequal tax, and is
Passengers
Freight
288,0C9
$61,778
$1,162,197
889,639
$12,570
$272,558
South Carolina Bonds.—The Charleston
(S. C.) News, Dec.
30, says, in explanation of the recent bond
decisions: “The Bond
Court of this State, in the decision
just rendered, did not declare
any State bonds whatever to be valid.
On the contrary, they
confirm the report of the Bond
Commission. This commission
reported that $1,577,835 of bonds and stock issued under the
Consolidation act were valid, and that
$2,818,454 were invalid, as
having been issued in exchange for invalid bonds,
coupons and
certificates of stock.
But this $2,818,454 is
only
invalid,
bond
by bond, to the extent of the invalid vouchers that
each bond
represents, the percentage of
invalidity ranging down from 100
to a trifle.
The Bond Court confirm this
view, and the whole
recognized public debt of South Carolina on Nov. 1
was, there¬
fore, the total issue of consolidation
securities—$5,130,965,
less
$2,818,454, or $2,312,511. To this amount should be
added
about $150,000 for consolidation
securities which-came before the
Bond Court, and were admitted
by the State to be valid.”
South Side (L.
I.)—Papers have
of the sinking fund, or
road of Long Island,
been served for the foreclosure
second, mortgage, of the Southern Rail¬
amounting to $1,500,000, under the plan of
reconstruction adopted at the
meeting held several months ago.
The sale is to be made
subject to the first mortgage of $750,000.
The plan takes in the third
mortgage debt of $300,000. The
holders of the sinking fund bonds
are to receive 60
per cent, and
the third
mortgage bondholders 40 per cent,
in preferred stock of the
reconstructed
or
in either
new
bonds
road—probably in stock.
Wisconsin Central.—In the United States Circuit
compromise plan recently accepted by the holders
Court at Mil¬
waukee, December 28, Jesse Hoyt,
of all classes of securities.
The report was submitted and
under
the
trustee,
mortgage of
ap¬ the Milwaukee & Northern
The sub-committee of first mortgage
proved.
Railroad, began suit against that com¬
bondholders will pany and the Wisconsin Central
make a similar report to their
as lessee of the road.
constituents at an adjourned meet¬
The trus¬
tee asks that the Central be
ing to be held January 7.
required
to account for the propor¬
tion of
earnings due and not paid, and be
Old Colony—Boston Clinton &
from making
Fitchburg.—It is reported any payments except for necessary currentenjoined
from Boston that the Old
expenses
uutil such
Colony Railroad Company has leased an accounting can be had.
He alleges that both
the Boston Clinton
companies
Fitchburg & New Bedford Railroad for a term are insolvent.
'
of ninety, nine years.
It is said the Old Colony
Company is to pay
one-third of thirty-t wo
per cent of the gross earnings of both of Wells* Fargo & Co.—A resolution of the Board of Directors
Wells, Fargo & Co. was passed last November
roads.
increasing the
capital stock of the company from the
present amount, $5,000,Pacific Railroad of Missouri.—Peter
Marie and others 000, to $6,250,000. The question of the
proposed increase will
brought suit against Cornelius K. Garrison,
be submitted at the annual
alleging
that they
of
meeting
the
were holders of
stockholders, to be
36,000 shares of the Pacific Railroad of Missouri held at Denver, Col., on
February 5. The following circular to
when the third
mortgage bondholders were foreclosing, Garrison stockholders, signed by Mr. Lloyd Tevis, the
President of the
holding the majority of the bonds. Some of
the shareholders company, explains the object of the increase :
contested the foreclosure on the
The object of increasing the
ground that the bonds
capital stock of this company is to deliverfraudulent, and the plaintiffs filed a cross-bill to defend the were snch increase—to wit, $1,250,COO—to
the Central Pacific Railroad
fore¬
and the Southern Pacific RR
closure suit. Plaintiffs
Company
Co., in consideration of a contract agreed
say that defendant compromised
with
them
for
upon
by
running our express over their roads for the
agreeing, if they abandoned opposition to the
period of fifteen
years from January 1, 1879. This contract is
foreclosure,
to
deemed
establish a new company and
of great value, and has
give the plaintiffs 36,000 shares of oeen unanimously approved by theBoard of Directors.
Under this arrange¬
ment every stockholder will
thenaJC&e/ At the sale the defendant purchased the road and
receive the same number of
shares now standing
n his name
upon the surrender of the old
certificate.”,.
.
“
.
Jyntjaby 4,
THE CHRONICLE
1879. |
19
OOTTON.
Friday, P. M., January 3, 1879.
The Movement op the Crop, as indicated
by our telegrams
from the South to-night, is given below.
For the week ending
this evening (Jan. 3), the total
receipts have reached 143,155
bales, against 199,981 bales last week, 204,882 bales the previous
week, and 220,291 bales three weeks since; making the total
receipts since the 1st of September, 1878, 2,719,291 bales, against
2,498,670 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 220,621 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
^xmes.
(JOMMER^
Friday
Night, January 3.
holiday period has been a very quiet one
in mercantile circles. The resumption of specie payments, which
was already a fact accomplished, has been carried out in due
form, and caused no disturbance whatever in monetary circles.
The severe storms, noted in our last, have been followed by in¬
weeks of four previous years
tense cold, causing the suspension of navigation in latitudes so
far south as wholly to escape the effects of the cold.
1879.
Receipts this w’k at
The following is a statement of the stocks of
leading articles New Orleans
47,783
The final week of the
of domestic and
foreign merchandise at dates given:
1879.
Jan. 2.
Beef
tcs. and bble.
Pork
Lard
bbls.
4,981
50,258
tcs.
53,924
Tobacco, foreign
bales.
Tobacco, domestic
Coffee, Rio
Coffee, other
Coffee, Java, &c
hhds.
20,276
36,920
bags. 104,083
bags. 14,800
mats. - 23,377
Sugar
Sugar
hhds. 21,908
boxes.
6,848
..bags, etc. 341,000
Sugar
Melado
hhds.
2,631
hhds.
3,447
bbls. 10,000
No 194,100
Molasses, foreign
Molasses, domestic
Hides
Cotton
Rosin
bales.
bbls.
103,273
bbls. and tcs.
28,071
4,544
13,300
6,000
2,480
bags.
bags.
21,8'5
5,500
bales.
...bales.
bales.
2,400
Spirits turpentine
Tar
bbls.
bbls.
Rice, E. I
Rice, domestic
bags.
Linseed
Saltpetre
Jute
Jute butts
Manila hemp
1879.
Dec. 1.
4,131
40,180
23,771
18,030
41,892
91,959
9,700
21,000
45,572
10,355
329,000
2,010
4,991
6,000
198,400
62,698
32,188
4,735
1878.
Jan.
38,33?
41,730
23,064
20,619
79.603
25,611
72,588
23,745
7,247
some
on
the whole
an
and the
holiday
The
1875.
1,991
679
83
961
Savannah
19,681
16,805
Galveston
14,333
15,455
13,962
15,059
11,837
13,720
10,803
6,026
54,258
12,129
29,733
8,449
6,878
8,925
240
140
314
598
166
10,653
3,430
2,196
17,783
2,911
13,914
10,554
13,930
8,248
1,089
5,099
17,662
2,371
839
749
729
1,869
8,874
3,116
18,423
1,522
992
406
321
143,155
165,755
115,263
138,174
82,178
Norfolk
West Point, &c
•
8,342
13
Total this week
2,673
8,000
Total
104,300
112,000
7,761
866
810
5,250
1,450
162,075
14,000
25,984
28,617
31,600
9,500
1.603
8inceSept. 1. 2,719,291 2,498,670 2,677,331 2,478,860 2,214,397
week of last
13.400
season,
Week
EXPORTED TO—
ending
Great
Britain.
Jan. 3.
N. Orl'ns
weather at the West
10,752
Mobile..
seemed to have united in causing
given rise to confi¬
dence in the stability of prices.
To-day, old mess, on the spot
and for January, sold at $7 25@$7 40, and new mess was held for
February and March at $8 65, with recent sales at $8 50@$8 55.
Bacon has been more active and closes at about 4£c. for Western
long and short clear together. Lard has advanced, and closed at
$5 87J@f5 90 on the ppgt $nd for eaply deliveries, and $6 for
April, Beef has remained quiet. Tallow is without essential
changes. Butter and cheese close dull.
...
The exports for the week ending this evening reach a total of
95,919 bales, of which 45,150 were to Great Britain, 14,030 to
France, and 36,739 to rest of the Continent, while the stocks as
made up this evening are now 863,478 baleg.
BqIqw ape the
stocks and exports for the week, fthd $1sq for the
corresponding
39 076
4,100
3,740
21,804
6,800
3,767
22,200
severe
1876.
122
Royal,
Florida
pork, lard, &c., in the past
improving tendency, and at the close
advance is established.
1877.
10,795
Charleston
North Carolina
There have been variable markets for
Week, but
1878.
40,713
11,710
9,703
13,228
Indlanola, &c
Tennessee, &c
111,600
follows:
63,997
18,682
8,550
Mobile
Port
6,127
are as
season
....
Chari’t’n
smaller number of swine to be marketed and
France.
5,982
3,506
....
Savan’h.
....
Galv’t’n-
6,369
6,223
Other*..
nent.
12,238
3,358
6,732
1,250
12,165
1,325
1,070
STOCK.
Same
Week
1878.
28,972
6,864
6,732
13,415
8,764
6,573
1379.
1878.
24,956 367,076 342,182
12,704 62,072 66,584
8,556 69,995 86,126
16,621
31,446
94,008
13,194
8,612
1,967
826
11,405
13,632 116,223 98,779
7,612 107,003 125,459
3,102 29,663 40.701
12,077 30,000 54,000
45,150
14,030
36,739
95,919
99,260 863,478 907,839
N. York.
Norfolk-
....
Total
this
Week.
Conti¬
350
....
....
•
•
•
13,194
•
Tot. this
week..
Tot.since
Sept. 1.
855,778 175,941 418,444 1450,163 1219,461
The exports this week under the nead of •* other ports” include, from Balt!
more, 1,305 bales to Liverpool and 826 bales to Continent; from Boston, 6,199
bales tu Liverpool; from Philadelphia, 1,108 balea to Liverpool; from Fernandlna, 1,967 balea to France.
There has been a pretty good movement in Brazil
coffees, and
quotations have assumed more firmness ; fair to prime cargoes of
Rio quoted at 14£@161c., gold.
In addition to above exports, our
Stock here of 104,088 bags in
telegrams to-night also give
first hands. Mild grades have also met with more
activity, and us the following amounts of cotton on shipboard, not cleared, at
at the close prices were inclined to a higher basis. Rice and the
ports named. We add also similar figures for New York,
molasses have been rather quiet, but all figures are well sustained. which are
prepared for our special use by Messrs. Carey, Yale &
Refined sugars have latterly shown weakness, with the demand Lambert, 60 Beaver street:
quite limited ; standard crushed quoted at 9£c. Raw grades, on
On Shipboard, not cleared—for
the contrary, have been more active at a slight improvement;
Jan. 3, at—
Leaving
Liver¬
Other
Coast¬
good refining Cuba quoted at 6|@6fc.
France.
wise.
pool.
Foreign
| Total. Stock.
Kentucky tobacco has been more active, a large line having
been placed to fill a foreign contract.
Sales for the week are New Orleans
53,000 52,000 23,000
7,250 135,250 231,750
1,600 hhds., of which 1,5Q0 for export and 100 for home con¬ Mobile
None.
8,900
4,500
8,300
21,700
40,3731,050
-60
sumption. Prices are well supported; lugs are quoted at 2£@oc., Charleston
7,960 16,454
25,524
44,471
Savannah
10,000
and leaf 5£@l3c., as in quality.
4,000 14,000
3,000
31,000
50,446
Seed leaf has remained rather Galveston
25,976
5,289
3,509
8,828
43,602
72,621
quiet, and the sales for the week are only 658 cases, as follows; New York.,
700
800
None.
200
*3,700
103,303
500 cases, 1877 crop, Pennsylvania, 14@40c.; 130, 1876
crop, do.,
Total
99,626 74,549 70,782 13,819 260,776 542,963
private terms; 28, 1877 crop, Wisconsin, private terms. Spanish
tobacco is much less active, the sales for the week
being limited
Included in this amount there are 2,000 hales at Presses for foreign
to 64 bales Yara, private terms, and 400
Havana, 85c.@$l 10.
ports, the destination of which we cannot learn.
The demands for ocean freight room, whether
by steamer or
From the foregoing statement it will be seen that, compared
Bailing vessel, have latterly been somewhat checked by the
with the corresponding week of last season, there is a decrease
blockade at the west and in the interior of this State, caused
by in the exports this week of 3,341 bales, while the stocks
the severe snow storms; rates are
to-night
generally easy and irregular. are 44,361 bales
less than they were at this time a year ago. The
Late engagements and charters include : Grain to Liverpool, by
following is our usual table showing the movement of cotton at
steam, 5@5£1., 60 lbs; cotton, 7-32@£d.; bacon, 25s.; cheese, 30s.; all
the ports from Sept. 1 to Dec. 27, the latest mail dates:
fair to
*
by steam,
6fJ:,grain
60 lbs.;toflour,
3s.;bygrain,
train9d.toperLoudon,
by sail,
qr.; flour,
Is. 10£d
Bristol,
steam,
7d.;
s.
RECEIPTS SINCE
SEPT. 1.
;
flour, 2s. 3d.; grain, by sail. 7d.; do. to Cork for orders, 5s. 9d.
per qr,; do. to Bayonne, 6s. 6d.; do. to the east coast of Ireland,
4s. 9d.; refined petroleum from Baltimore to Bremen, 3s. 3d.; do.
hence, same port, 3s. 4£d.
In rosins little or nothing of importance has been reported and
late prices are essentially the same; common to good strained,
$1 85@$1 37£. Spirits turpentine has been firmly sustained, the
stock being in few hands; at the close 274c. was bid and 28c.
asked.
Petroleum ha3 latterly advanced, and is quoted with
much firmness, in view of the limited offerings on the part of re¬
finers and higher advices from the Creek markets ; refined, in
barrels, here quoted at 84c. bid. Steel rails have continued in
active request, the sales latterly being 19,000 tons for Western
delivery, on private terms ; quoted at tide-water at $42 50@
$43. Ingot copper has remained steady, with 100,000 lbs. Lake
sold at 16c., cash.
Cloverseed closes more active at 6£@7£c. for
prime Western and State. Other seeds quiet. Whiskey nomi¬
nal at $1
13@$1 134.
Ports.
1878.
N.Orlna
Char’n*
555,484
201,187
372,345
8av’h..
492,402
Galv.*.
369,555
64,478
Mobile.
N. York
Florida
N. Car.
31,263
92,654
Norfk*
325,042
Other..
71,726
1877.
"
France.
i
Other
J Foreign
667,147
222,132
121,321 61,448 105,935
9,426
8,567
14,904
308,825 102,728 34,343 78,715
386,356 131,541 15,153 120,462
285,270
90,491 30,708 27,187
36,174 134,863
8,783 14,652
5,297
6,300
97,226
34,169
2,050 17,439
93,730
280,937
43,501
80,581
8,748
810,628|l61,911 381,705
Tkiayr. 2576,136
■
EXPORTED SINCE SEPT.
Great
Britain.
"
1 TO—
Stock.
Total.
288,704 344,701
32,897 66,053
215,786
77,952
84,455
148,386 116,255
158,298 92,627
267,156
6,300
53,658
7,651
93,730 33,700
89.329
26,500
1354,244 849.894
.
Last yr.
*
2332,915
703,659
208.444'203,098
unaer ine neaa oi vnurwwn lsiuciuueu
ruri,
nuyai,
Galveston is included Indlanola, &c.; under the head of
Point, &c.
1120,201
*884.344
uuuor uio uwu v*.
Norfolk Is Included GltR.
0
5
.1
0
0
5
.
1
0
4
6
004.2
0
4
.
1
1
2
00041
.1.2
0
20
THE CHRONICLE.
0
0
1
.
1
000001661551..1413.4
These mail returns do net correspond
of the telegraphic figures, because in
Bales.
necessary to incorporate every correction made at the ports.
The market for cotton on the
spot has been rather quiet this
week.
'i he opening was somewhat depressed,
quotations having
been reduced t-lGc. on Monday.
Yesterday, spots did not
share in the advance which took place in futures.
To
10,000.
993
9 94
4,000
9-95
400
300
9-93
9-97
1,300
9*98
precisely with the total
preparing them it is always
day, they
quiet and unchanged. The speculation in futures has been
active, but at variable prices, and yet the fluctuations have not
been so wide as last week,
although the course of values has
been much the same. There was some
depression on Satur¬
day and a slight decline on Monday, especially in the spring and
summer months.
The weather report of last week and the other
were
indications that
had interfered with the
storms
severe
ment of the crop,
0 53.21
Yesterday, the
small
very
receipts at the ports on Wednesday (less than ten thousand
as reported to our Cotton Exchange), gave a great
impetus
to the speculation which the
comparatively full figures for the
day had little effect in checking. To-day, Liverpool at first
responded freely to our advance of yesterday, but soon developed
weakness, under which, in conjunction with slightly freer receipts,
yesterday’s advance with us was wholly lost, nearly the lowest
figures of the week being reached.
The total sales for forward
delivery for the week are 3S9,900
bales, including — free on board. For immediate delivery the
total sales foot up this week 3,829
bales, including 856 for export,
1,575 for consumption,1,398 for speculation and — in transit. Of
the above, 140 bales were to arrive.
The following tables show
the official quotations and sales for each
day of the past week:
bales,
UPLANDS.
Ordin’y. $ lb
75g
Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd’g
Str. L’wMid
Middling...
7916
8
87s
9*8
9*4
10% 6
Midd’g Fan- 10*Oi6 1078
Fair
Wed
Ordin’y. $ lb
Strict Ord.
Good Ord..
Str. G’d Ord
Low Midd’g
Str.L’w Mia
Frt.
7916
7%6
8
d
3,
0
Midd’g Fair
8*316
8*8
85a
8*8
85s
9*4
933
93s
97ie
8*516
9316
8*516
9*16
8*%6
9316
9
9*4
8*516
9316
8316
8**16
7**16
9316
93s
938
9916
9*%6
95s
9
03
Hr
3
•
STAINED.
Good Ordinary
Strict Good Ordinary
Low Middling
O
$ lb.
lfl6
9916
99je
9*5i6 9*o16
10516 10516
10
1038
11*16
Til.
FrI.
7**16
•
8*8
85s
85s
8*516
9%6
8*5i6
93ie
8*5*6
9316
3
938
11
8*8
85s
>>
c3
938
r-H
9916
91*1« 9*516
io°16 10510
0
11
11
H*316 11*316
Til.
FrI.
7**16
8316
8**16
9*16
7**16
8316
8**16
9*16
7**16
8**16 *
8**16
9*16
Holi¬
day.
9*16
SPOT MARKET
CLOSED.
Quiet
Easier, lower....
Dull, easier
....
....
738
.
.
Dull
Dull
82
36
Total
FUTURES.
Ex¬
ConSpec- Tran¬
port. sump. ul’t’n sit. Total.
856
92
271
522
121
427
.New Year.
5*27
43
163
91
1,575 1,398
Sales.
Deliv¬
eries.
213 80,9 00
698 91,400
716
1,976
71,100
600
300
100
652
290
62,600
”400
83,900
3,100
Hoii day...
....
....
3,829 389,900
4,500
For forward
delivery, the sales have reached during the week
389,990 bales (all middling or on the basis of middling),
and the
following is a statement of the Bales and prices:
For December.
Bales.
Cts.
9-51
952
9 55
9*57
9*58
1,800
100
100
100
200
■
-
2,300
•
For
600
800
200
January.
...
9*39
0-40
9 41
100
9*43
300
9*44
500...
945
94(5
1,600
1,000 s.n.2d.. 9-4H
100.
9*48
600 «.u.2d.. 9 49
100 s.n.3d.. 9 49
100.
9*49
'100 s.n.2d.. 950
9*50
4,700
*
100
9-51
.
..
.
.
...
1,300
9*51
100 s.n.3d.. 9*52
’"•No
notice, 31st.
Bales.
rts.
9*52
953
7.800
953
4,200
9-54
7.400
9-55
9*56
t *00
100 s.n.3d.. 958
956
2,700.
1,900
9*57
9-58
1,600
200
9-50
900
9-60
7uO
9*63
1,800
964
800
9H5
200
9-68
800
9(59
1,000
9-70
3,100
t 100
—
48,400
Pales.
1,700..
1,200.
1,500.
3,800.
1,600.
9-bo
9-61
9 62
9-63
964
9-^5
9-^6
967
9-68
969
010
9-7L
972
9-73
974
975
9-76
977
978
9*79
980
9 81
982
983
984
9-85
200.
y-stt
1.10c*.
2.500.
500.
200„
1,700.
2,900.
2.o00.
7.300..
6,000.
10,900.
10,000.
12,400.
8,300
3.500.
3,900.
400
1,700.
2,000.
7.000.
For February.
100
9*55
100
9-5*5
400
9*57
1,000
9-58
959
3,000
ct«.
5,900.
1,700.
t No notice till after
Bales.
200.
Cts
987
92,000
For March.
1,^00....
1,500
4.300
2,000
1,000
1,700....
1.500
2,400
3,700
600
1,400.
16,400
7,h00
6,800
8,100
2,400
2,900
3,200
:
700.
500
10*12
10*13
10*14
10*15
April.
9*81
9 82
9 i?3
9*84
9-85
400
100
9 86
9*87
9*88
9*89
300
500
9*92
9 93
1,300
9*94
9*95
200
9*91
9*96
4.500
9*97
9*98
#09
10*00
1,200
300
300
For May.
500
9*95
9*96
9*97
1,400
1,400
9*98
10*00
300
300
10*01
10*02
3,600
10*03
700
300
10*04
700..
1,E00
10*16
300
10*07
100
100
4,500
5,200
3,800
10*08
10*09
10 10
10*11
«...!0*12
700
10*13
10*14
10*01
400
500
.10 16
10*13
10*02
1,700
10*19
.10*04
400
10*20
following exchanges have
•19 pi. to exch.
•19 pd. to t xth.
*31 pd. to exch.
•17 pi to exch.
2,800
10*19
10*20
800
10*21
July.
been made
1,000 Jan. for Feb.
700 J ,n. for Feb.
100 Jan. lor Aar.
400 Jan. for Feb.
10*35
10*32
10*3'
10*3®
10*4?'
10*4l
1,500
10*42
100
400
10*43
...10*45
For August.
...10*25
200
200
200
200
700
10*26
10*27
10*32
10*3B
10*85
760
100
200
700
100
300
11,700
For
3T0
800
10*32
9,000
10*23
10*24
10*26
10*27
10*28
10 29
10*31
10*32
10 34
100
500
200
..10*3'?
100
100
100
10*22
700
900
10*3r
10*3i
100......... 10*32
..
1,200
2§
10*22
10
200
600
600
200.
100
100
200
For June.
500
10 06
200
10*08
100
10*09
100
10*10
100
...10*15
600
10*17
1,200
10*18
•
...lOl?
10*23'
10*25
1,300
1,600
200.
1,000
1,3'iO
Ctp
10*l|
100
600
200
800
37,400
40,500
1,800
The
1,200.
10*11
10*05
10*13
10*36
10*39
..10*41
10*42
10*50-
3,300
during the week:
*12 pd. to exch. TOO Mar. for
Apr
*20 pi. to exch. 1,000
May for July.
*01 pd. to exch. 100 Jan. ^d for s.n. 3d.
*02 pd. to exch. 100 Jan. 8. n for
reg.
The following will show the
closing prices bid and asked for
future delivery and the tone of the
market, at 3 o’clock P. M.,
on each
day in the past week.
MIDDLING UPLANDS—AMERICAN CLASSIFICATION.
Sat’day. Mond’y T’aday.
Market—
Easier.
Bid.
January..
February
March.
..
April....
May
June
July
August...
Tr. orders
Closed—
Ask
9*48@50
9*51@52
9*70@71
9*85® —
9'97@98
10*09@10
10*20@21
10*283>30
10*323)35
9*50
Steady.
Lower.
Bid.
9*45®
—
9 *47® 49
9*64®
Wed.
Tli
Higher.
Ask.
—
9*77®78
9*89®90
10*01® 02
10*11 @12
10*19@21
10-25@28
9*50
Steady.
Bid.
u r*.
Higher.
J
Ask
Bid.
Ask.
Friday.
'
Lower.
Bid.
Ask.
—
—
9*52@53
9*68@69
9*83®
9*95@96
10*08@09
10*19@20
10*27@29
10*33@35
9*69@70
9*83@84
9*98@99
10*11@12
10*23@24
10*33@35
10*43@44
10*49@50
cS
—
•pH
O
ft
9*50@51
9*64@65
9*80@81
9*93@94
10*05@06
10*16@17
10*25@26-
9*55
9*70
Firm.
10*31 @32
9*55
Steady.
Dull.
The Visible Supply
Stock at
Liverpool.
Stock at London
Total Great Britain stock
Stock at Havre
.
200
.........
9-70
9-71
9 72
9-73
9 74
9-75
9*70
977
9 78
9-79
9 80
8 81
9 82
9 83
9v4
9-85
9 86
9-87
9 88
9 89
9 90
9 91
No notice, 30th.
1879.
1878.
1877.
1876.
415,000
48,750
414,000
16,000
571,000
650,00O
41,500
61,250
463,750
430,000
612,500
148,000
3,000
711,250
80,000
3,000
7,000
2,500
34,500
22,500
11,000
39,000
9,750
7,250
12,000
62,000
17,000
31,500
42,000
10,750
12,000
7,750
386,750
Stock at other conti’ntal ports.
6,000
155,000
3,500
45,000
6,500
35,000
22,000
8,000
3,500
5,750
Total continental ports....
168,250
284,250
282,000
Total European stocks..
India cotton afloat for Europe.
632,000
56,000
714,250
45,000
Egypt,Brazil,&c.,aflt for EVp©
611.000
15,000
533,000
48,000
907,839
152,878
16,000
894,500 1,098,000
96,000
133,000
617,000
560,000
77,000
60,000
969,890
792,914
148,884
130,150
26,000
23,000
Stock at Marseilles
Stock at Barcelona
Stock at
Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
SALES OF SPOT AND TRANSIT.
.
For
700
700
Bales.
200
500..
800.
900..
'
rt*.
1021
1,800..
10*08
10*09
10*10
93s
Mon Tues Wed
7**16
8316
8**16
3,800.
8,200
3,300
2,400
87/700J
Bale*.
10*06
10*07
93i6
9916
99i6
9*5ig 91516
10°16 10Bie
Hrl
HI
11*316 11*316
7%
8*4
8%
9*8
Til.
MARKET AND SALES.
Sat;..
Mon
Tues.
Wed
Thurs
Fri.
100
500
ll*316 11*316
Wed
7**16
ct«
10*05
of Cotton, as made
up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain
and the afloat
FrI.
for the Continent are this week’s,
returns, and consequently
7**16 brought down to Thursday evening; hence, to make the totals
8*8
the complete figures for
to-night (Jan. 3), we add the item of
858
exports
from
the
United
States, including in it the exports of
81°16
11
11*316 11*316 1178
99J6
ft
Sat.
Middling
9%6
9*5x6
105ie
938
r—<
&?.
•
Fair
'**16
8*8
9716
9*%6
10%q 10316
1078
1078
10**16 11**16
w
Good Mid..
Str. G’d Mid
8*6
85s
7**16
8*3l6
9*16
9%
r—4
Middling...
8*8
85g
8
8*2
Mon. Tues
7%
Wed
8*3
Sat.
7**16
95s
9716
913xe 10
10316 1038
Th.
TEXAS.
7**16
107s
11*16
111*16 11**16 1178
11%
-
8316
8**16
8*316
9*16
9%
..
8
81316
9*16
9716
913i6
Mon Tues
7%
8*2
9*2
Sat.
7%6
8*8
9516
Good Mid
978
Str. G’d Mid 10*4
1,600
Decemb’r
NEW ORLEANS.
Mon Tues
She
8916
10 00
10 01
10*02
together with tamer foreign advices, not only
for as the weather continued bad, it was believed that there
would be no immediate increase in the movement of the
crop.
There was also a disinclination to leave contracts
standing out till
the re-opening of the Liverpool market.
Sat.
9-99
3.100
900
selling to realize. The bears, however, were very chary of
putting out contracts. On 'Tuesday, however, there was renewed
buoyancy, the decline of Monday being recovered. A disposition
existed to anticipate better
foreign accounts after the holidays,
Dec. 28 to
Jan. 3.
5,000
1,400
some
Pa’es.
#92
move¬
checked the enthusiasm of the operators for a
rise, but caused
ct*.
fV0L. XXVIII.
Stock at
Antwerp
1,750
..
Amer’n cotton afloat for Eur’pe
Stock in United States ports
8tock in U. S. interior ports...
..
United States exports to-day..
Total visible
863,478
176,425
15,000
9,500
27,000
26,500
200,000
3,750
supply.bales. 2,368,903 2,416,967 2,829,274 2,797.073
descriptions are as
Of the above, the totals of American and other
follows:
American—
Liverpool stock
Continental stocks
American afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day..
283,000
119,000
611,000
863,478
176,425
15,000
237,000
225,000
533,000
907,839
311,000
209,000
617,000
969,890
148,884
26,000
152,878
16,000
317,000
185,000
560,000
792,914
130,153
23,000
Total American
bales.2,067,903 2,071,717 2,281,774 2,008,073
East Indian, Brazil, dec.—
132,000
Continental stocks.
15,000
177,000
16,000
59,250
45,000
48,000
301,000
345,250
48,750
49,250
56,000
260,000
73,000
96,000
77,000
333.000
61,250
201,750
133,000
60,000
547,500
789,000
41,500
*
Total visible supply
Price Mid. Upl., Liverpool
2,368.903 2,416,967 2,829,274 2,797,073
5716d.
6%L
67sd.
6*516d.
These figures indicate a decrease in the cotton in
sight to-night
of 48,064 bales as
compared with the same date of 1878, a
decrease of 460,371 bales as compared with the
corresponding dateof 1877, and a decrease of
428,170 bales
as
compared with 1876.
January 4,
At
1879.]
THE CHRONICLE.
Interior Ports the movement—that is the
receipts
shipments for the week, and stocks to-night, and for the
the
corresponding week of 1878—is
statement:
Week
set out in detail in the
Augusta, Ga
Columbus, Gav....
Macon, Ga
1,671
1,647
663
Montgomery, Ala
9,126
1,314
Total, old ports.
18,969
Jefferson, Tex. *
Shreveport, La
Vicksburg, Miss
Columbus, Miss
Eufaula, Ala...
Griffin, Ga
Atlanta, Ga....
Rome, Ga.*
following
25,813
3,117
14,713
6,649
4,487
1,901
1,174
2,274
9,812
9,170
904
26,970 176,425
22,684
637
927
1,000
2,785
3,277
1,101
3,542
3,270
750
922
1,464
1,695
526
657
1,061
1,500
2,331
1,684
282
734
8,588
9,658
6,296
3,662
1,158
2,366
1.416
2.132
2,005
3.500
9,544
6,447
7.500
2,755
11,781
1,701
502
50
5,019
3,518
3,721
1,033
1,664
750
3,852
2,461
8,750
6.500
is two inches and
11,076
has been very cold.
18,733
10,861
67,590
4,842
968
255
250
3,321
4,785
1,425
8,918
15,495
8,283
7,136
5,327
6,737
Total, new p’rts 28,171
32,817 105,209
27,495
33,977 100,361
Total, all
59,787 281,634
50,179
58,816 253,239
Louis, Mo...
Cincinnati, O...
*
6,301
47,140
1.655
4,880
1,971
35,895
5,647
The above totals show
bales
same
fear.
that
the
old
interior
during the week 8,001 bales, and
are
have
Receipts
from: the
Plantations.—Referring
previous issue for an explanation of this table,
the figures down one week
later, closing to-night:
RECEIPTS
Receipts at the Ports.
end’g- 1876-7. 1877-8. -1878-9.
PROM
Stock
to
our remarks
we now
the month of December is six
inches and
bring
Selma, Alabama.—It has rained
during the week
The
the bad weather and
Inter’r Ports Rec’pts from Plant'ne.
1876-7. 1877-3. 1878-9.
less
seventy-four hun¬
dredths.
PLANTATIONS.
at
or
seventy-four hundredths.
Montgomery, Alabama.—Rain has fallen on five days, the rain¬
fall reaching one inch and
eighteen hundredths, and there have
been killing frosts on two
The heavy rains and impass¬
nights.
able roads are the causes of the
light receipts this week. Average
thermometer 41, highest 55, and lowest 22.
The rainfall for
to-night 23,547
than at the same
period last year. The receipts at the
towns have been 3,715 bales lets than the
same week last
more
tn a
Week
stocks
more
Mobile, Alabama.—It has been showery three da^s and
has
rained constantly two
days, but as the week closes there has been
a favorable
change in the weather, and it is now cold and clear.
The causes of the small
receipts this week are that we have had
too much rain and the weather
has been too cold.
The ther¬
mometer has
averaged 45, the highest beiog 62 and the lowest
26.
The rainfall for the month of
December is eight inches and
Estimated.
decreased
during the past week
cloudy all the week, with two inches of snow on
Sunday. Other¬
wise it has been
dry and cold, the thermometer
ranging
4
to 37 and
averaging 25. For the month of December thefrom
ther¬
mometer has
ranged from 12 to 65,
has been three inches and thirteen averaging 35, and the rainfall
hundredths.
Nashville, Tennessee.—It has rained and snowed,
chiefly snow,
on five
days of the week, the rainfall reaching one
inch and
twelve hundredths. The thermometer
has ranged from 7 to
averaging 30. The cause of the small receipts this week is 41,
the
bad weather.
6,033
6,513
7,125
2,096
46,517
7,796
St.
weather
Columbus, Mississippi.—Telegram not received.
Little Rock, Arkansas.—The weather
has been
3,188
2,600
746
982
The rainfall for the week
forty-two hundredths.
Vicksburg, Mississippi.—The
24,839 152,878
105
50
3,190
21.
23,859
15,917
337
Charlotte, N. C.
Shreveport, Louisiana.—Continued disagreeable weather ter¬
yesterday, and prospects this (Friday)
morning are
favorable. Roads are in a fearful condition.
Average thermom¬
eter 32, highest 43, and lowest
minated
Receipts Shipm’ts Stock.
14,181
15,884
90,015
1,836
.
Stock.
595
1,138
3,873
3,670
13,163
1,414
2,712
8elma, Ala
Memphis, Tenn..
Nashville, Tenn..
Dallas, Texas.
New Orleans, Louisiana.—Rain has
fallen on four
days the
past week, the rainfall reaching one inch and
ninety-five hun¬
dredths. The thermometer has
averaged 45. We have had a
rainfall during the month of December
of eleven inches.
ending Jan. 3, ’79. Week ending Jan. 4, ’78.
Receipts Shipm’ts
21
clear.
cause
on six
days, and ice has formed
of the small
receipts this week is
heavy rains.
The weather is
cold and
now
Madison, Florida.—Telegram not received.
Macon,
Georgia.—Telegram not received.
20,76k 16,449 9,979
18,866
5,885 26,750
13.
Columbus,
Georgia.—Rain has fallen on two days of the
12,109
47,431 23,431 16,272 18,971
41,457 11.932 47,431
past
20.
week, the rainfall reaching one inch and
62,998 22,345
74,355 23,904 15,104 26,377
eighty-one hundredths.
62,998 21,177 74,355 The thermometer
27.
has averaged 40.
95,845 43,128
98,863 38,831 20,510 37,872
We have had a rainfall
95,845 43,128 98.863
Oct. 4.
during the past month of five inches and seventy hundredths.
122,199 70,040 130,990 57,048 29,720 47,208
122,199 70,040 130,990
11.
Savannah, Georgia.—It has rained on four days and the rest
136,074 109,264 148,158 72,277 41,891 59,823
136,074 109,264 148,158 of the week has been
1®.
152,820 135,054 160,233 84,871 58,745 79,597
cloudy. The thermometer has averaged
152,820 135,054 160,238 45, the extreme
25.
range having been 24 and 60.
174,617 157,609 162,236 103,774 £0,374 97,887
The rainfall for
174,617 157,609 162.236 the week is one inch and
Nov.l.
thirty-one
201,904 177,336 157,280 123,652 105,814 115,034
hundredths.
201,904 177,336 157,280
Augusta, Georgia.—During the earlier part of the
8.
211,810 198,776 182,874 138,111 126,620 149,498
week; we
211,810 198,776 182,874 had heavy rain on three
15.
205,606 194,571 176,004 157,361 132,403 174,583
days, but the latter portion 1ms been
205,606 194,571 176,004 clear and cold.
About all the
22.
211,823 200,980 181,376 180,519 : 36,941
crop has now been secured, and
188,491
211,823 200,9S0 181,376 about
29
ninety
per
cent marketed. The thermometer has aver¬
204,879 172 2:6 184,625 197,131 157,032 205,912
204,879 172,216 181,625
aged 33, the highest being 54 and the lowest 20. '1 he rainfall
Dec. 6.
187,733 174,365 220,748 213,722 169,073 236,280
187,733 174,365 220,748 for the
past week is one inch and thirty-six
13.
196,43G 2(2,805 220,291 224,12 i 185,665 ‘259.129
hundredths, and for
196,436 202,805 220,291 the month four inches and
20.
forty-one
hundredths.
171,596 231,594 204,882 245,615 226,559
280,957
171,596 231.594 204,832
Charleston, South Carolina.—Rain has fallen on three
27/ 162,633 2.’4,634 199,981 256,397
261,876 294,281
days of
162,633 224,634 199,881 the week, the rainfall
Jan. 3.
reaching one inch and ten hundredths.
115,268 165,755 143.155 249.905 253,239 281,634
108,776 157,118 130,508 Average thermometer
44, highest 58, and lowest 25.
The following statement we have also
This statement shows us that
received
although the receipts at the ports
the past week were 143.155
showing the height of the rivers at the points namedbyattelegraph,
bales, the actual from plantations Jan.
3 o’clock
were only 130,508
2, 1879.
We give last year’s
bales, the balance being drawn from stocks at
figures "(Jan. 3, 1878) for
the interior ports.
Last year the receipts from the plantations comparison:
for the same week were
Jan. 2, ’79.
Jan. 3, '78.
157,118 bales, and for 1877 they were
Feet. Inch.
Feet.
108,776 bales.
Sept 6.
44
19,733
41.457
5.835
1876-7.
1377-8. 1878-9.
26,750
*«
114
“
44
4‘
„
“
“
“
44
44
44
«
*
7
9
9
7
10
2
11
9
19
10
2 L
24
4
2.3
..
.
4
9
2
1
7
4
New Orleans reported below
high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to
liigh-watei
mark of April 15 and 16,
1874, which is 6-10tlis of a foot above
1871,
lb feet above low-water mark at that point.
Comparative Port Receipts and Daily Crop
A
or
comparison of the port movement by weeks is
the weeks in different
years do not end on the
month.
We have consequently tdded to our
as
tables
Movement.—
not
accurate,
day of the
other standing
same
daily and monthly statement, that the reader may con¬
stantly have before him the data for seeing the exact relative
movement for the years named.
First we give the receipts at
each port each day of the week
ending to-night.
a
PORT RECEIPTS FROM
D’ys
New
of
Or¬
we’k leans.
Sat.. 10,424
Mo¬
bile.
SATURDAY, DEC. 28, ’78, TO FRIDAY, JAN. 3, ’79.
Char¬ Savan¬ Galleston. nah. vest’n.
8,675
2,067
4,172
2,132
2,434
3,631
1,068
698
647
987
8,772
Fri.. 12,970
2,120
2,090
-1,29(1
Mon
6,244
Tues
Wed
Thur
1,381
'
Weather Reports by Telegraph.—The
p^st week lias been
very rainy and unusually cold over a
large portion of the South,
interfering rr aterially with the movement of the crops.
Galveston, Texas.—We have had rain on five
days, and frost,
ice and sleet on one
day, the rainfall reaching two inches and
seventy hundredths. Notwithstanding the severe weather of the
past fortnight, orange and lemon trees are
unhurt, and only very
tender vegetation has been killed.
Average thermometer 43,
highest 61, and lowest 29. The rainfall for the month is seven
inches and seventeen hundredths.
^
Indianola, Texas.—It has rained on six days the past week,
a constant
drizzle, the rainfall averaging thirty-eight hun¬
dredths of an inch. ,We have had a
killing frost and ice on one
night. Roads are impassable. The thermometer has
ranged
from 3i to 64,
averaging47.
The rainfall during December has
reached two inches and
ninety-three hundredths.
Corsicana, Texas.—Rain has fallen'on two days during the
week, with a rainfall of sixty-five hundredths of an inch. There
has been a
killing frost with ice on one night. The weather has
been very cold.
The thermometer has averaged 39, the extreme
range having been 20 to 57. During the past month there has
been a total rainfall of two inches and
thirty-three hundredths.
Dallas, Texas.—There has been rain on two days, and frost and
ice have been abundant.
The rain, though late, will benefit
wheat. Average thermometer
39, highest 57, and lowest 20.
The rainfall for the week is
sixty-five
hundredths of an inch, and
for the month two inches and
thirty-three hundredths.
Brenham, Texas.—We have had showers on two
the past
week, with a rainfall of thirty hundredths of an days
inch.
Roads
are bad.
The thermometer has
averaged
44,
the
highest
being
57, and the lowest 31. The rainfall for
December is two inches
and
eighty hundredths.
Inch.
.Below high-water mark
.Above low-water mark...
Above low-water mark...
.Above low-water mark...
Above low-water mark...
2,938
4,405
2,819
2,301
3,685
3,433
1,632
4,913
1,164
1,800
2,400
2,424
Wil¬
Nor¬
folk.
All
others.
359
2,096
1,497
ton.
3,532
2,373
3,230
2,501
2,769
3,373
167
288 ^2,567
f.
K
69
611
392
795
394 10,317
Tot.. 47,783 13,228 10,795 19,681 14,333
17,783
The movement each month since
ming¬
Total,
25,532
27,402
21,943
9,614
22,227
36,437
1,669 17,833 143.155
t
' .4
f
r
*
/
Sept, 1 has been as
2
follows:
22
rHE CHRONICLE.
Year
Monthly
Receipts.
1878.
Sept’mb’r
Beginning September 1.
1877.
October..
288,848
699,264
Novemb’r
779,237
Decemb’r
893,664
93,491
578,533
822,493
900,119
1876.
1875.
1874.
1873.
169,077
134,376
536,968
676,295
759,036
610,316
740,116
821,177
115,255
355,323
576,103
811,668
Tot. year. 2,651,013 2,399,636 2,601,289 2,340,686 2,106,675 1,858,349
Perc’tage of tot. por
55*21
64*42
reoeipte Dec. 31..
55*85
60*24
48*85
This statement shows that up to Dec. 31 the
receipts at the
ports this year were 251,37? bales more than in 1877 and 49,724
bales more than at the same time in 1876.
By
addihg to the
above totals to Dec. 31 the daily receipts since that time, we shall
be able to reach an exact comparison of the movement for the
.1 1
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1878, and in the last column the total
for the
236,868
675,260
901,392
787,769
different years.
[Vol. XXVIIL
same
period of the previous year.
■sports of Cottont bales)
1877-78.
1876-77.
1875-76.
1874-75.
1873-74.
Tot.Nv.30 1,757,349 1,499,517 1,813,520 1,519,509 1,347,639
1,046,681
Dec. l
S.
21,387
30,824
22,842
24,517
“
N
2....
39,978
S.
21,089
“
3....
“
4....
40,894
23,532
30,938
58,291
25,563
40,703
27,179
20,766
36,219
28,111
22,784
8.
“
5....
"
6....
;
“
8....
S.
“
9....
58,561
28,693
30,836
30,614
46,024
26,923
“
10....
“
11....
“
12....
“
13....
“
14....
“
15....
8.
"
16....
8.
33,072
26,931
47,969
S.
35,846
42,863
29,247
29,426
25,895
39,011
31,300
32,893
S.
“
21....
52,468
33,S08
35,179
25,930
31,074
27,899
“
22....
S.
50,326
34,519
38,346
30,037
45,471
31,722
55,204
S.
27,382
54,604
44,635
“
17....
“
18....
“
19....
“
20....
“
“
,
7....
“
23....
24....
22,297
29,956
37,213
25,532
“ 25....
“
26....
“
27....
“
28....
“
29
...
"
30....
"
31....
“
8.
27,402
21,943
37,323
“
22,227
2....
3....
,
35,804
35,803
22,066
29,398
T*i Dec.31 2,651,013
Jan. 1....
9,614
36,437
44,873
31,662
32,325
24,767
8.
33,977
35,642
23,479
S.
43,343
31,246
23,675
22,581
25,931
23,042
S.
45,824
22,837
18,561
23,076
23,041
20,862
18,523
26,301
20,856
35,581
8.
30,511
29,087
26,812
22,943
25,918
20,385
8.
49,512
30,833
35,698
26,682
31,592
28,519
8.
48,381
32,156
26,334
33,973
28,014
28,795
8.
28,596
36,821
21,125
34,917
37,943
20,472
26,081
22,843
23,275
28,248
25,008
28,921
19,114
34,055
31,842
S.
41,726
22,952
26,534
26,509
23,977
37,015
S.
41,476
29,862
31,915
24,897
29,578
28,601
S.
34,692
31,701
21,587
25,561
20,415
S.
,
40,210
26,645
27,632
22,371
33,111
23,023
8.
40,009
26,018
32,904
33,607
39,418
29,534
8.
26,018
31,079
40,113
17,506J
18,643
8.
26,431
20,197
2,399,636 2,601,289 2,340,686 2,106,675 1,858,349
18,351
30,235
18,957
18,523
16,245
15,384
16,371
8.
26,517
14,3S9
32,192
8.
Dec
Liverpool
Other British Porta
20,878
31,240
25,033
2,719,291 2,467,179 2,651,441 2,389,249 2,147,581 1,935,500
Percentage of total
56*77
65*66
port receipts
57*01
61*41
50*88
This statement shows that the
receipts since Sept. 1 up to
to-night are now 252,112 bales more than they were to the same
day of the month in 1878, and 67,850 bales more than they
were to the same day of the month in 1877.
We add to the last
table the percentages of total port
receipts which had been
18.
Dec.
25.
Jan.
1.
4,665
3.824
4,746
6,223’
Shipments.—According to our cable despatch
received
to-day, there have been 2,000 bales shipped from Bombay to
Great Britain the past week and 5,000 bales to the Continent
;
while the receipts at Bombay during this week have been
9,000
The movement since the 1st of
bales.
January is as follows.
These figures are brought down to
Thursday, Jan. 2.
Shipments this week
1878
1877
1876
Great
Conti¬
Brit’n.
nent.
Shipments since Jan. 1.
Great
Total. Britain.
Conti¬
nent.
2,000 5,000 7,000 325,000 406,000
4,000 14,000 18,000 389,000 450,000
4,000 j 9,000 13,000 585,000 412,000
Total.
731.000
839,000
997,000
Receipts.
This
Week.
4,424
626
1,149
Since
Jan. 1.
9,000
927,000
8,000 1,104,000
9,000 1,118,000
foregoing it would appear that, compared with las
there has been a decrease of 11,000 bales in the week’s ship
ments from Bombay to Europe, and that the total
movement
since January 1 shows a decrease in shipments of 108,000
bales,
compared with the corresponding period of 1877.
year,
*
•
•
•
•
Bremen and Hanover
235
2f0
100
930
212
■pain, Oporto & Gibraltar Ac
Total
Spain, &c
•
•
127,174
8,783
2,215
1,142
1,004
1,770
5,775
1,770
7,227
7,753
350
2,830
9,505
1,202
635
10,858
2,219
8,253
11,842
21,330
—
350
3,660
....
|
•
•
•
•
3,660
....
'
115
6,783
•
1,004
1,565
....
....
....
year.
141,086
•
....
Grand Total
•
100
485
•
•
....
.
..
Total to N. Europe.
•
prev’us
125,589
....
100
•
6,223
period
136,834
4,V52
100
....
1,749
Other porta
....
4,746
626
•
•
•
•
•••
•
150,834
164,871
6.5:3
•
•
The following are the
receipts of cotton at^New York, Boston,
Philadelphia and Baltimore for the past week, and since Sept. l.*?8:
NSW YORK.
reoe’tb
PHILADELP’IA
BOSTON.
BALTIMORE.
trom
This
Since
This
Since
week.
8ept. 1.
week.
Sept.1.
1,835
1,351
5,145
28,668
87,693
87,763
1,020
1,996
1,558
17,810
737
8,586
57,865
New Orleane..
Texae
Savannah
Mobile
Florida
3’th Carolina
NHh Carolina.
....
1,398
3,111
7,105
Virginia
This
week.
8ept.l.
Since
This Since
week. Sept.1
14,116
1,439 28,216
....
,
1,079
...
....
....
.
,
....
95,603
1.0P0
26,913
4,398 55,157
1,764 39,338
r
....
..
51
21,582
,
i
...
12.383
254
8,675
1,763
32,374
North’rn Ports
35*2
5,331
Tennessee, Ac
Foreign
5,657
1
70,165
1,038
Total this year
26,722
464,249
9,630 141,281
3,081
38,379
3,587
33.479
46S,006
19,051 141/84
3,281
24,512
6,648 64,476
Total last
Bags, Bagging, &c.—Bagging continues in the same
qniet condition that we noted in our last, and no transactions are
reported. The inquiry is almost nil, and the few orders coming
n are for trifling lots.
The feeling is.rather weak, and, though
holders are still quoting 9@l0c.,
according to quality, these fig¬
ures are ilbminal.
Butts are also very quiet, and "the
inquiry
is moderate, with the market
ruling
in tone. Quotations are
still 2£(cl2£c., but we hear that a shade less would be
accepted for
round lot.
The Exports of Cotton from’ New York this week
show
year. 1
Shipping
c
....
2,002 22,263
7
....
News.—The exports of
States the past
....
•
....
....
•
•
•
••••
a
decrease, as compared with last week, the total reaching 6,573
bales, against 7,758 bales last week. Below we give our ueual
table showing the exports of cotton from New
York, and their
week,
cotton
the
from
81,598
United
latest mail returns, have reached
87,279 bales. So far as the Southern ports are concerned, these
are the same exports
reported by telegraph, and published in
The Chronicle, last Friday. With regard
to New York, we
include the manifests of all vessels cleared
up to Wednesday
as per
nicrbt of this week.
Total bales.
New York—To Liverpool, per g)earners Wi8Congin, 489
...Scythia,
137
Britannic, 771— La Place, 1,462
per ships Isaac Webb,
—
774
..Senator, 2,5*8
To Bremen, per steamer Mosel, 350
New Orleans—To Liverpool, per steamers
5.931. ..Oberon. 3.134
6,223
350
Rita, 2,207....Mary Louisa,
11,272
To Antwerp, per steamer John P. Best, 536
To Havre, pei ship Annie M. Law, 4,524
To Barcelona, per bark Sunrise, 710
To Genoa, per barks Yarra Yarra, 1.721
To Vera Cruz, per bark Leone,
536
4,524
710
1,721
1,630
4,770
1/60
1,630
Mobile—To.Liverpj* 1, per eh p Senator Weber, 4,770
To Bremen, per bark Jens Brandi, 1,650
Charleston—'To Liverpool, per steamer* D >tterel, 3,3.9 Upland and
3S6SeaI*land
Borirqueo, 2,*86 Upland and 23 Sea Island ..."
per bark Foreit Belle, 2,76^ Upland and 303 Sea Isla id
9,302
To Havre, pir birk Martha A.
McNeill, 3,'.50 Upland anl 42 Sea
Is and
’
To Amsterdam, per bark Emanuel,
1,030 Uoland
To Sebastopol, per steamer Euxia/, 3.910
To Barcelona, per bark Anibal, 1,123
Upland
..
Upland
Upland
per
Cload. 2,032
Upland
3,150
150
1,200
4,688
1,071
1,092
1,365
Liverpool,
per bark Superb, 1.432
To Queenstown orFalmou h for
ordeiy, per barks Brage, 1,032....
Capella, 1.113
;
Norfolk—To Liverpool, per ship Belle O’Brien,
6,550...
Baltimore—'To
Liverpool, per
326
Liverpool, per steamers Atlas, 233
Imbros, 292....
Macgre or, 155
Lmhope, 237 ...Minnesota, f>86
Philadelphia—To Liverpoo', per steam* rs Ohio, 327
Athens, 653.
Boston—To
...
1,432
2,195
6,550
326
1,703
«t0
67,279
.
The particulars of these
are as follows:
Queen-
1,C20
8,667
•
To Bremen, per bark Maid of
Orleans, 3,150 Upland
To Ferrol. Spain, per bark Anastasia, 150
Upland
To Genoa, per bark Una, 1 20;)
Upland
Texas—To Liverpool, per steamer Indus, 4,688
To Fleetwood, per bark Hazard,
1,*)71 =
To Havre, per brig Minerva, 1,092
To Bremen, per bark Veranda, 1.S05
Total
8,492
1,030
3,940
brig Felix, 600
■
Savannah—To Liverpool, per barks Lara. 3,429 Upland and 5 Sea Island
Minnie Carmichael, 3, nil Upland and 10 Sea Island.. .Summer
Gunny
•
»
....
Total, French
Wilmington—To
From the
a
600
4,665
Havre
Other French porta
received Jan. 3 in each of the years named.
Bombay
Dec.
11.
...:
Total to Gt» Britain
Total
i;
Same
Total
to
date.
EXTORTED TO
8.
55,781
27,037
40,756
28,431
29,005
23,508
23,343
Vorlcalnee8eDt.lt 1878
WEEK ENDING
Hamburg
1878-79.
from New
shipments, arranged in
our
usual form,
Araster-
town
Liver-
pool,
r
New York... b,223
New Orleans. 11,972
Mobi e
4,77)
Charleston.... 9,302
Savannah
8,6b7
Texas
4,633
dam&
Ant- Sebas- Barce- Fer-'
mouth. Havre, men. werp. topol. Iona. rol. Genoa. Total.
or
Fal-
350
....
4,524
....
3.492
;
....
...
Philadelphia..
326
1,703
980
....
533
1,650
Wilmingten.. 1,432 2,195
Norfolk
6,559
Baltimore.
Boston
Bre-
...
3,150
...
710
...
1,721
..
1,032 3,949
.
s,
1,6*20
....
...
150 1,200
1,092-1,3^5
6,573
20,393
6/29
19,884
13,167
8,156
....
8.627
...
6,550
....
328
....
1,763
•.
*
980
Total
55,913 2,195 9,103 6,155 1,566 3,941 2,330
150 2,921 87.279,
Included in ab< ve totals are from New Orleans :,630 bales to Vera Cruz, and
from Texas 1,071 bales to Fleetwood.
January
Below
we
4,1879.]
give all
THE
news received to date of
tarrying cotton from United States ports,
disasters
to
CHRONICLE.
vessels
Monday.
etc.:
Athens, steamer (Br.), at Phila., Dec. 30, for
Liverpool, Ac., caught lire at
Girard Point, last week, bat the flames
were soon
extinguished, and she
received but little damage.
Eats, (Br). About 480 bales of cotton had been
saved Dec. 24th from the
steamship Kate, from Galveston for Havre, wrecked at
Bermuda. She
had broken
up on the 10th, was 14 feet unde
23
Delivery.
Dec
538@i332
Jan.-Feb
5%
Delivery.
Deo
Feb.-Mar..... 538®1332
Mar.-Apr... .57ia®xs32 Mar.-April..
April-May... .5i533®ia Apr.-May .57ie® x332
5i&32
May-June
5^16 May-June
5*a
water and a wood deal of
the cotton was
lost; bat the balance
in the wreca could be
more readily obtained.
The court appointed to
stance in connection with
the circum¬
the loss ot tbe vessel
*
remaining
investigate
certificate of Wiiliam
adjudged that the
Mmpson master, be suspended for
six months and
John Ralph, chief
and
officer,
William Henry Harrison, chief
engineer,
severely censured, and their certificates
of
them.
compeiency returned to
Lampbrts, str. (Br). Pearce, from
Savannah via
went aground at
E for Reval,
Copenhagen Dec. 28th, and gntDartmouth,
off.
Lartington, str. (iron, 1,857 tons of
Sunderland), Dixon, from Savannah
Dec. 8th with 4,000 bales
cotton for
were
Delivery.
June-July.. ..5®8®19aa
5H32 Dec
51X33
523
Jan.-Feb
5%
Jan.-Feb
Feb.-Mar
Feb.-Mar.
Mar.-Apr
Apr.-May
55i6
.
..j...51I32
53s
5?i$
TUESDAY.
Delivery.
Dec
Delivery.
5Xi32®i>i6 Mar.-April
Dec.-Jan
Jan.-Feb
Feb.-Mar
5&i6
5516
Apr. May
May-June
5ii32®»i e Jan.-Feb
—
Delivery.
0X730®*$
53s
June-July
51332 Mar.-Apr
5 X2®1532
April-May
5&33
51133
5%
May-June
5716
Thursday,T’} New Y®ai'«
Reval, went ashore on the reefs
Holidays.
northwest of the Bermuda Islands
Dec. 14th. Captain Dixon
reports at
midnight of the 9th experienced severe gales
Friday.
laboring heavily and shipping great quantities of from the SSE. vessel
life boats, checks and
*
water, carrying away
Delivery.
’
everything movable about the decks. At 6 P. M. Jan.-Feb
Delivery.
of the 10th a
Delivery.
heavy sea struck the vessel aft,
5^32^7ie Jan.-Feb
51333
Jan.-Feb
causing a very loud creak¬ Feb.-Mar
5 716
,538
ing report, and at 8 P. M. the vessel was
Feb.-Mar.
found
to be
...51532®716 Feb.-Mar
deal of water, also the
making a great Mar.-Apr
5*2
51332
coalition tank aft run
Mar.-April
5i&32 Apr.-May
full, the ballast tank aft Apr.-May —51732
burst and run
'.... .5*$
nearly half empty, causing the vessel to heel
April-May
5i732
May-June
oyer
June-July
heavily; the pump was attended to ail
5&ift
SHig May-June
night, but it could not overcome May-June
5i932 June-July. ...t...52i32
the leak. On the 11th the wind
5*%
more
moderate,
run the ba’last tank
to right the
up
ship, but found it leaked too fa-t for the
the vessel clear. On the
pumps to keep
12ih finding that the tank
could not be kept
full without the water
gaining on th * pimps and the
tqO much to be safe, bore
ship heeling over
up for Bermuda from lat. 35. 42. Ion.
BRE
68. 43. to
repair damages. At 10 30 A. M. on the
14th, judging the vessel to be
10 or 12 miles off the
Islands of Bermuda, set
the helm hard to star¬
board, set engine going full speed to
Friday. P. M., January 3, 1879.
bring head to north and sea to
wait .or daylight, but in
The flour market has been
coming round the vessel took the erouud, Ber¬
muda light
without special feature in the
bearing SE. All moans were tried to get her off but
past
unsuc¬
week.
cessfully. At 8 A. M. she was left by the
Changes
in
have
prices
been unimportant, and the vol¬
crew,
all
holds
of water, the steamer
being
then
full
ume of
She remained ashore listing ovc and the wind freshening to a gale.
business, as usual in the
on
tbe 25th and about
week, quite moderate.
h-td been saved from
1,500 bales of cotton
The stock in first hands is
her, some P03 dry; more was
was expected that ihe
found to be 382,000 bbls.
being saved and it
vessel weuld be floated and
Cold
1 unis, steamer
got into port. ..
weather ha3 caused production to
(Br.', Downs, from Galveston Dec. 18 with
be further reduced, and
and <65 sacks of oil
3,034 bales cotton
violent
cak?, for Liverpool, went ashore at 1.30 A. al
snow-storms have impeded the
28th about 200 j’ards from
on the
movement towards the
shore, iyt miles south of Cape
seaboard.
house and in f2 feet of water,
Henry light¬
The wheat market has been
at ne «rly low tide.
At daylight she was
boarded by the crews from the
comparatively quiet, and No. 2
Life Saving
Station,
but
the captain
red winter has lost the
refused their assistance,
expecting to float with flood tide. She
exceptional advance of last week, due to
her position at 6 P. M. the
changed
same day, but
remained aground on the
when an attempt was
29th, speculative influences, prices for early
made to haul her off at
also
high water by the Coast The
Wrecking Co.’s steamer Rescue assisted
export demand has been limited, and the natural
by her own steam, and she was
moved two hundred feet, after
effects of
which the Rescue went
began lightening the steamer of
alongside and the reduced receipts at the West and at
some of her cargo.
the seaboard
The Tunis was got
off A. M. of the
ports are
31st, and proceeded for Norfolk,
Wm. Symington, oteamer
urdamaged. therefore lost. To-day, there was no decided
(Br ), Hallett, which arrivedapparently
at
change
a lim¬
and
from New Orleans, was
Liverpool Dec. 25, ited business.
dam;ged by collision.
City or Montreal. The
cargo of cotton of ship City of
Indian corn has become
Montreal,
damaged by fire and water at
somewhat irregular as between the
Savannah, was being discharged asrecently
as possible and
rapidly
stored in the Central Press on
old
and new crop.
Dec. 24th.
baU-s of the 2,50 > had been
About 4G0
Prime old is scarce, Western mixed
but a correct estimate of the
selling
at
damage cannot be made untildischarged,
the entire cargo is out.
47^@48c.; white, 48@49c.; yellow, 49c., and State round
Bridgeport, barb, Morgan, from New Orleans for
yel¬
Providence (before report¬ low, G2@64c.; but new No.
ed), put into Key West. Dec. 19, with
2 mixed
fore and mainmast heads
going
at
would he obliged to have
on
the
45@45£c.
broken; spot and for
new spars.
early delivery ; new No. 3, 44@44|c.; new
ADSTUFFS.
holiday
delivery
Cotton
freights the past
week have been
Liverpool.—
8team.
Liverpool,
follows:
Steam.
d.
Saturday. *@9-32
Monday.. *@9-3*
Tuesday.. *@9-82
Wed’day..
Thursday. *@9-32
Friday.... *@9-31
Southern
as
.—Havre.—, ,—Bremen.—*
Sail. Steam.
Sail.
Sail.
d.
c.
c.
c.
11-16 cp. —@!4
—@*
—@*
11-18 cp —@*
No w Year’ a H
oliday
11-16 cp. —@X
X comp.
11-15 cp. —@X
X comp,
...
’—@*
-@*
^-Hamburg—,
Steam.
c.
X comp.
* comp.
* comp.
11 16 cp.
Jan. 3—4:00 P. M.— By Cable
Sail,
c.
c.
*
X
*
* comp.
y* como.
% comp.
X
x
* comp.
X comp.
from
—
—
—
—
—
yellow, 46@47c., and new No. 2 white,
45(@45$c. Supplies are
moderate at all points, but there
were
yesterday considerable de
liveries on contracts.
To-day, the market was steadier, bu
rather quiet for both
spots and futures.
Rye has ruled firm, but the volume of business has
been small.
Barley and barley malt are very firm, with a
Oats do not show
any
moderate demand.
important fluctuation^, and transactions
only to supply the immediate needs of the trade.
The close
to-day was quiet, with No. 2 graded
quoted at 30$c. for mixed
and 33c. for
are
Liver¬
of which
pool.—Estimated sales of the
2,000 bales were for export and day were 12,000 bales,
Of to-day’s sales
8,400 bales were American. The speculation.
weekly
movement
is given as
follows:
white.
The
following
closing quotations
are
:
Flour.
Dec. 13.
Sales of the week
Forwarded
Sales American
bales.
Of which exporters
took
Of which speculators
took..
Total stock
Of which American
....
Total import of the week
Of which American
Actual export
Amount afloat
Of which American
Dec. 20.
55,000
5,000
43,000
13,000
51,000
324,000
192,000
48,000
34,000
9,000
337,000
27(3,000
No. *2
# bbl. $2 25@ 2 85
Superfine State A West¬
Dec. 27.
27,000
4,000
333,000
202,000
325,000
200,000
71,000
60,000
15,000
316,000
Jan. 3.
35,000
6,000
42,000
9,000
1,000
2,000
38,000
6,000
28,000
3,000
4,000
3,000
1.000
415,000
283,000
134,000
118,000
35,000
33,000
10,000
10,000
326,000
270,000
271.000
279.000
227,000
The tone of the
Liverpool
market
for
spots and futures, each
the past week, and the
day of
daily closing prices of spot cotton,
follows:
have been as
Market, \
r.M.
j
Mid. Upl’ds
Mid. Orl’iifl.
Tending
up.
Firm.
tfod’t • in¬
quiry free¬
53a
ly supplied
538
'
53a
5»8
5%
55g
T7n?h’ng’d
j
Market, ?
5 p.m.
5
'd
0
0
s?
%
©
Act vc and
Jflrjaer.
tras
3
75@ 3 85
3
4
5
3
do
XX and XXX..
Minnesota patents
extras
Southern bakers’ and fa¬
mily brands.
shipp’g extras.
Rye flour, superfine
3 90
5 53
8'@ 4 30
50@ 5 50
50^ 7 75
75@ 4 75
4
75@ 5 75
(0# 4 60
2 75 @ 3 10
Southern
4
Com meal—Western, Ac.
Com meal—Br wine. Ac.
Receipts
3 50
3 70@
4 25 @
do XX and XXX
do winter shipping ex¬
City shipping
3
wheat
extras
2 35 @ 2 60
2 85@ . ;.
81
98
80
1 09
08*
l 11
48
47*
48
47
58
60
82
86
1 25
1 00
83
90
at lake and river ports for the week
eniing Dec.
1 to Dec. 28, and from
Aug. 1 to Deq^8.
Steady.
Dull, but
steady.
These sales
are on
khless otherwise stated.
Steady.
Liverpool, for
the basis of
•
*
©
Unch’ng’d
©
£
©
Weak.
the same
week, are given
Uplands, Low Middling
clause,*
Saturday.
Chicago
Milwaukee..
Detroit
Cleveland
St. Louis
Peoria.
Duluth......
Delivery.
d.
Delivery.
d.
?ec..
Delivery.
d.
........5u32
Mar.-Apr.. 5*2-i632-7i6
Jan.-Feb
June-July
530®n32 April-May
5»i<t
5*2®1332
I>ec
Feb.-Mar
53s
51132®%
May-June.:
5173x
_
At—
Toledo
r*
actual sales of futures at
oeiow.
£
•d
W
Futures.
The
Extra State, Ac
Western spring
Saturd’y. Monday. Tuesday.
Wedn’sdy Thursd’y Friday.
Market, 1
5 P. M.
ern
Grain.
Wheet-No.3 spring,bush. $0 89@
No. 2 spring
9t>@
R-jected spring
,77@
Red and amber winter 1
02@
Red winter No. 2
1 08*®!
White
1 04@
Com—West’n mired
44@
do N*2,newAold
45@
do
white
45@
do Southern new.
46@
Rye— Western.
56@
State and Canada
57@
Oats—Mixed
29@
White
31*@
Barley—Canada West....
93@
State, 4 rowed
93@
State, 2 rowed
78@
Peas—Canada, bond Afree
77@
28,
1878, and from Jan.
Spot.
12:30
declining.
Total
Previous week
Corresp’ng week,’77.
Corresp’ng week,’76.
Flour,
Wheat,
(196 lbs.)
87,012
(60 lbb.)
868,957
416,524
108,859
191,265
8,670
bbis.
bush.
50,1 IS
186
3,572
1,667
14,169
14,500
•
•
•
•
186,4S9
6,730
•
•
•
•
111,25* 1,282,474
137,254 1,544,065
109,932 '771,747
78,561
617,707
Cora,
bush.
(56 lb?.)
338,320
14,740
116,031
4,700
130,200
102,400
92,475
•
•
• #
798,866
930,987
430,3*8
1,379,859
Oats,
bush.
Barley,
bush.
Rye,
bush.
(32 lbs.)
(48 lbs.) (56 lbs.)
155 359
52,7*3
21,355
83,100
23,770
10,830
5,563
979
6,623
4,084
32,800
3,6t0
26,543
24,363
7,848
36,750
10,000
5,850
•
•
•
*
» •
•
....
•
•••
301,933
302,125
147,152
153,707
248,913
142,908
118,610
129,925
# •
• «
• •
•
•
46,857
65,659
25,054
63JJ77
Tot. Jan.1 to Dec.28
5,821,015 90,095,853 92,574,547 80,531,101
Same time 1877
5,107,531 53,776,909 77,995,208 23,337,031 9,972,627 5,016,65*
Same time 1876.
9,342,646 4,979.944
....5,578,950 55,834,141 81,054,249 24,881,498 8,987,489
Same time 1875
2,k54,8CO
5,022,510
70,669,657 48,989,721 25.341,390 6,233,151
2,829,494
Tot Aug. 1 to Dec.
28.2.824,356 56,088,864 40,067,395 16,859,980 7,041,776
Same time 1877
957,343
2,873,689 43,485,291 35,088,616 12,511,657
Same time 1876
2,643,182 29,315.00 * 38,649,901 11,044,790 6,488,860 2,026,837
5,e67,850
Same time 1375
1,787,484
2,394,368
33,308,675 43,459,422 19,277,037 2.830,6b4
937,051
24
THE CHRONICLE.
Shipments of flour and grain from Western lake and river
ports from Jan. 1 to Dee. 28.
Flour,
bbis.
Tot Jan. 1 to Dec.28.6,164,851
Same time 1877... ..5,340,423
Same time 1876
4,997,845
Same time 1875
5,539,965
Wbeat,
Corn,
bash.
Oat*,
bush.
Barley,
bash.
85,574,366 79,014,652
44.633,537 67,587,819
48,799,613 75,010,881
57,899,899 43,472,250
Rye.
bush.
21,590,168
17,976,642
20,094,245
10,322,370
daring the year ending Dec. 31, 1878, were 112,687 packages,
against 104,556 in 1877, 74,456 in 1876, 41,008 in 1875, and 21,253
in 1874.
bash.
5,898,415 3,729,965
5,615,685 2,378,660
3,941,036 2,511,04“
2,814,450
927,840
[vol. xxvin.
The market
quiet the past week, but prices ruled
steady, and a few makes of brown and bleached goods,
dyed
ducks, &c., that have been selling below [their actual value,
was
slightly advanced. The supply of cotton goods is well con-;
tinued, and a* small advance along the whole line would not be
Week
Flour, Wheat,
Corn,
Oats,
Barley,
Rye, surprising. As above stated, some lines of
bbis.
bush.
ending—
bush
bush.
goods lately held on
bush.
bush.
Dec 28, 1878
101,351
458,597
memorandum by jobbers were charged
64.1-56
425,555
165,743
15,314
at
a very slight reduc¬
up
Dec. 29, 1877
116,392
213,648
685,054
125.867
69,225
5,544 tion from
Dec. 30, 1876
nominal
89,853
248,372
491,085
Print
cloths
were quiet but
99,2 6
holding
prices.
69,380
56,692
Dec. 31, 1875....
99,772
249.824
617.963
128,695
51,731
11,212 firm at 3£c. cash for
64x64s, and 2|c. cash for 56x60s. Dark
Receipts of flour and grain at seaboard ports for the week endfancy
prints
were
almost
neglected, but there was a moderate
ing Dec. 28, 1878, and from Jan. 1 to Dec. 28.
inquiry for shirtings, light printed cambrics, and “ patchwork **
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye.
At—
bbis.
bush.
bush.
bush.
bush.
bush.
prints.
New York.
Bail
ports.
shipments of flour and grain from Western lake and
85,4!9
3',025
8,000
7,841
15.4S0
Boston
Portland
Montreal
Philadelphia
*
.3
Baltimore
New Orleans.
20.899
715,504
25,250
133,478
69,039
153,400
41,7h9
89,292
2,500
1,260
700
600
340,6^
328,000
19,078
65,800
19,500
400
330,400
170,400
2,004
57,153
10,621
9.000
®
^
river
13,174
7,200
350
*
were
Domestic Woolen Goods.—There were
comparatively few
out-of-town buyers in the market, and
operations in
woolens by the local trade were few and
made further deliveries of
light-weight
clothing
Agents
unimportant.
clothing woolens on ac¬
was
orders,
but
new
business
Total
very alow. The cold
183,565 1,553.253
977,056
230,242
87,874
20,724
Previous week
9 8.775
260,802 1,766,453
268.189
82,430
67,171 weather has developed a demand for small lots of overcoat¬
Oorresp’ng week,’77. *16,^98
864,537 2,265,998
190,438
217,090
23,734 ings and heavy fancy cassimeres, but
Tot. Jan.l'to Dee.28 9.^35,732 108,629,276 103,039,156
cloakings and repel¬
6 247,383 5,310,059
24,198,565
Same time 1877.....8.546.349 46,000,508 87,804,025
20,639,892 9,698,072 2,586.672 lents remained quiet.
Kentucky
have
jeans
lacked animation,
Same time 1876 ....9,939,150 42,740,235 3 >,775,163
21,435,604 7,862.019 1,881,2 8
Same time 1875
despite
the
very low prices at which some makes were offered,
9,985,255 54,713,3^7 56,235,241 20,375,115 5,083,026 501,435
and satinets ruled quiet, but some fair orders for
tweeds were
Exports from United States seaboard ports and from Montreal
placed by clothiers. Flannels and blankets were taken in small
for week ending December 28, 1878.
lots for the renewal of
assortments, but were by no means aotive.
Flour, Wheat,
Corn,
Oats,
Rye,
Peas,
Frsii—
bbis.
bush.
bush.
bush.
bush.
Dress goods, shawls and skirts continued in
bush.
light demand, and
New York
79,116
638,060
890
225,130
17,914
6,066 woolen hosiery and underwear ruled
Beston
6 503
quiet.
51,219
101,524
Portland
7,264
39,292
Foreign Dry Goods.—There was a very
46,000
Montreal
light demand for
Philadelphia
1.180
imported goods through the medium of orders and values re¬
137,041
201,142
Baltimore
10,639
278,117
2 000
112,193
mained steady, but personal selections were
very light, as usual*
v
•
•
•
13,901
-
42,764
•
•
•
•
'
count of back
....
..
•
•
•
•
•
•
,
.
#
....
To’al for week..
Previeus week
T\*o weeks ago
Same time in 1877...
....
104,702
1,143,719
890
639,989
19,944
52.066
2,316,442 1,D5,557
47.915
10,6i3
43 947
117,029 l,621,s94
830,529
3,432
33, (‘33
21,504
51,8.4
612,472
978,443
2,282
27,528
2/, 417
From New Orleans 1,400 bbis. flour, 81,683 bush,
wheat, 23,138 bush, corn,
and 116 bush.
between
The visible supply of grain,
comprising the stocks in granary
at the principal
points of accumulation at lake and seaboard
ports, and in transit by |rail and afloat in New York, Dec.
28,
1878, was as follows:
Wheat,
Corn,
Oats,
Barley,
Rye,
Amoak’g ACA.
111,894
We
'
In Stork
New York
at—
bush.
Albany
bush.
buth.
2,950,004
18 0 0
767,389
1,94 \988
32,980
bueb.
bush
1,069,202
14,400
171,880
918,091
461,000
418,239
564,143
427.933
1,166.762
141,423
....
.
•
548,655
•
418,294
53.652
2,651
23,938
-p
374,0(0
....
.Boston
Toronto
Montreal (!5).
•
....
Peoria
Indianapolis.
.
424,0.J6
197,5 8
Philadelphia.
Kansas City.
Baltimore.
383,904
....
.
....
•
•
9l,i59
461,050
181.' 00
2,250
20,591
256,497.
559,054
458,597
).... 1,200,000
....
Total
Dec. 21, 1878
Dec. 14, 1878
Dec.
7, 1878
Nov. 30, 1875
N >v. 23. 1878..
Nov. It:, 1878
Nov. 9. 1878
Dec. 29, lo77
•
116,498
Width. Price.
.10,191,121
118,872
11.S00
16,G»4
128.753
25,177
84,789
•
l
125,000
350,010
401,000
2,700,310
2 968,674
5.248,452
1,722.955
5,600,192
5.701,568
5,205.152
5.483,9:38
1,565,184
1,608.215
1,200.820
1,191,963
1,289,6 9
4,648
4,193
.
8,787,375
5,336,614
9,206,949 9,818.963 4,966,134
9.551,678 3,016,864 5,033,907
6,c09,73d 3,351,452 4,548,000
*
1.U6 357
1,320,474
678,367
Friday, P. M., January 3, 1879.
mostly of \ hand-to-mouth char¬
acter, as is usually the case during the
holidays, but consid¬
erable quantities of cotton
goods lately held “ on memorandum "
by jobbers were charged up by manufacturers' agents at a
slight
concession from nominal holiday rates.
Toward the close of the
week tlieW was a little more
inquiry for printed cambrics and
shirting prints by city jobbers, but transactions were less liberal
than at the
corresponding time in previous years. Clothing
woolens have been in light demand, and
agents continued to
make fair deliveries of
light-weight fancy cassimeres, cheviots,
and worsled coatings on account of former
orders. The failure
of the Southbridge Print Works
(Messrs. T. & J. H. Saunder>)
was
announced in the
trade, and caused much regret, as they
have made a gallant
struggle to withstand the late depression
in the print market.
Domestic Cotton Goods.—The
exports of cotton goods from
this port daring the week
ending Dec. 31 were 785 packages, of
were sent to
Brazil, 125 to Japan, 114 to Danish West
Indies, 106 to Argentine Republic, 67 to Great
Britain, &c. The
which 207
total exports of domestics from this
port to
4
..
do premA.4-4
do do
B.4-4
do
ex...4-4
do
ex.. 7-8
do Gld mdl4-4
do
CCA7-8
do
CT..4-4
do Penna. 36
do
do
7-8
do
AA 7-8
do
FF
do
foreign countries
do
do
do
No. 7.
No. 8.
do
do
A.\
BB
.
m
#
#
9
:
do
do
TT
.
.
#
.
#
I
1
....4-4
do
28
25
17
15
15
32
...
ACA.. 33
Pemberton A A
do
do
14#
7#
14
..
B
E
12#
Swift River..
Thorndike A..
11
8
9
9
...
do
13/,
E....7-8
18
18
ACA.. 32
do
A
36
Pearl River
Palmer
18
15
A.... 32
A.... 30
do
do
do
do
H#
13/,
10-
D...
Lewiston A... 36
do
do
14
13
12
10
m
14
..
..
Omega medal. 33
8#
8#
m
20
17
Minnehahi... 7-8
11*
m
4-4
7-8
Methuen AA..
do
ASA.
10
9
.
Width. Price.
do
13
...
do
A
Hamilton BT..
Lancaster
m
No. 3.
No. 4.
No. 5.
No. 6.
*.
Falls AAA....
74,700
15,324
THE DRY GOODS TRADE.
Business the past week was
awning
Conestoga
860
900
15,314
375,0 0
2,423.417
2,455,966
2,603.774
do
•
84,f 56
3,014,689
do
do
do
335
•
165.743
7,350,653
.
221,825
318,001
425,555
....16,208,015
....16,497,635
16.565,793
..
32,000
40,939
69,372
8,210
10,788
S.525,*19
9.058,b72
8.855,364 *
8,124,159
...
7,143
705.000
Width. Price.
Cordis AAA. 32
14
do
ACE. 32
16
do
No. 1. 32
16
do awning.
22-25
dc
No. 2.'
14
,
*
81,858
7,132
few articles cf domestic dry goods
a
Tickings.
226,984
94,013
17,331
195,924
18,233.701
....18,917.270
...18.842.048
17.045.020
....
37.915
♦
209,000
62,1 i 6
prices of
annex
oats.
;
seasons.
j
..
E
Willow Br’k No 1
York AAA.... 32
do
..
..
15#
15
12#
Corset Jeans*
Amoskeag
.
Canoe River....
Clarendon
Hallowell Imp.
do
brown
Hamilton
f Ind. Orch.
.
7# |
Androscog’n sat.
6
Imp..
7
...
I
brwn&b!k
j Laconia
7
do
....
7#
Manchester
sat.
..
Rockport
7#
I National
...
Newmarket
Pepperell, blea..
7#
do
6#
Naumkeag sat..
sat
Kearsarge, sat...
....
.......
do
Suflolk:
7#
Denims.
Amoskeag
Carlton
Everett
Lewiston
OtisAXA
do BB
do cC
Pearl River..
do
AM.
Boston
Beaver Cr.AA.
do
BB.
do
CC.
Colnrab’n h’ybro
do XXX brn
Thorndike A..
Uncasv’e DC A.
15
10
15 Yt
York
Warren AX A.,
do
BB...
do
CC.
Gold Medal...
•,...
Haymaker....
Far. & Min. No. 7
32#
do
No. 8
do
No. 9
Park Mills,No.50
do
No.60
do
No. 70
13#
Park Mill?,No.80
do
No. 90
do
No.100
..
..
.
......
13
12#
...
.
Palmer
..
..
Checks.
Caledonia, XX..
do
X..
Economy
Far. A Min, No. 5
do
No. 6
Spool
Clark’s.O.N T
Holyoke.......
Home...
brooks
67#
57#
60
Greene&Daniels
King’s 3 cord
27#
Clark, John, Jr.
Hall &
10#
11*6
13#
14*
15#
16#
Prodigy
Lewiston A
_
Cotton.
57#
J. & P. Coat’s
15
25
...
*
Manning
Merrick
•
•
•
•
Staflord
£0
•
.
•
40
25
....
Willim’ntic6cd
do
57*
3 cord.
4d
Domestic Ginghams.
Alamance
t
Amoskeag*
Bates
.
...
..........
fllllflfrnw ffllirv.
.
Miami
9# I Larcaster
...
8
..
Namaske
8
..
Gloucester, n’stand ...*.
Shirley
White Mfg Co...
1 Carleton.T.
«# | Johnson Mfg Co
[ Plunkett
7
...
8
9
Randalmoc
dr’ss style
1 Renfrew
Mohawk
Baird.
Belfast
9
...
w*
Stripes.
American
8#-9#
1QJ4-11 #
Amoskeag
do
fancy
Bates Cheviot..
Belm’nt Chev’t
Clarendon do
Creed moor do
Cberwell
do
Century.
33
UK
8
14
• •
•
•
•
•
•
•
•
•
•
• tee
Century
27
Colombian
Evere it Cheviot
do
heavy
Hamilcon
Lew’n AA.Chev.
do
A»•
• •
Massabesic
•
•
•
9
10
11#
10#-11#
....
a
•
•
•
-•1
Otis BB
Park Mills Ch’t.
Thorndike A....
do
B....
Uncasville A...
do
UCA.
Whittenton AA
do
B...
0
m
,
1**
•
•••
♦
•
•
•
8#-9#
10-11
9
8
January 4,1879. |
THE CHRONICLE
Importation* of Dry Goods.
Receipt* of Leading Articles
The importations of dry goods at this port for the
week ending
Jan. 2, 1879, and for the
corresponding weeks of 1878 and 1877f
have been as follows :
ENTERED FOR CONSUMPTION POR THE
WEEK ENDING JAM.
A
.
_
.
■————
-
—
—
Value.
Pkgs.
Manufactures of wool..
do
do
do
881
cotton
silk
1,153
flax...
692
352
Miscell’neousdry goodf
Total
142,967
61,531
PROM
$960,762
AND THROWN
THE SAME PERIOD.
do
cotton
do
silk..
8€3
245,916
91,817
88,765
414
559
740
1826,978
2,819
114
150
46
$40,176
INTO
THE
138
23,854
14,899
Total...
1,134
960,762
1,199
2,831
$208,704
826,978
1.467
2,819
116,041
934,205
$1,164,268
4,030
$1,035,682
4,526
$1,050,246
764
2,897
T«t. thr’wn upon mark’t
3,661
$203,506
.
65,798
60,553
Manufactures of wool..
silk..
flax
do
194
181
29
$92,221
74,801
62
37,082
291
517
203
15,468
29,546
344
139
..
Mlscell’neons dry goods
Total
Add ent’d for cons’mp’n
340
766
$249,121
Tot’l entered at the port 3,663
323
81
89,173
22,427
18,821
70,017
283
32,485
112
15,026
$558,891
993
826,978
2,819
$1,209,885
4,325
$1,385,863
-
$96,032
86,044
68.359
Wheat
Leading Article**
Year
1878.
China, Class and
$1,276,819
.
Earthenware..
Glass
Glassware
322,745
36,327
Crcoa bags.....
Coffee, bags
Cotton, bales
Drugs, Ac—
Bark, Peruvian.
Blea. powders..
Cochineal
Cream Tartar..
Gambler
Gum, Arabic...,
Indigo
Madder&Ext.of
Oil, Olive
Opium
Soda, bi-carb...
Soda, sal
Sodaasb
130,128
21.842
1,813,703 1,803,825
4,975
Pars.
Gunny cloth
•
16,226
3,672
5,582
Hemp, bales
Hides, Ac—
Bristles
Hides, dressed..
India robber
Ivory
Jewelry, Ac.—
5,372
6,495
6,020
36,720
1,016
21 ,H2?
66.586
Linseed
Molasses.
Steel
106 924
1,069,3*3
972.782
47,050
44,394
1,292.033
bbls
Champagne.bkt?.
Wines
Wool, bales
Articles reported b\
585,373
535,648
2,306,007 2,846,638
1,051,460
966,269
59, «5
67,67?
487
791
102,813
102,903
130,908
45,816
13",433
33,176
value—
5,165
Lemons
6,718
4,825
Oranges
$
$
1,396
5,011
46,8fc9
1
61.948
63.766
1,178,351
5S5.263
927,721
576,922
1.464,11b
1.004,833
l,377,i94
1 003,<-68
■
59a
536
215,468
896,248
91,718
81.168
Export*
The
Woods—
Cork
Fustic
377,868
£93,176
Logwood
45,500
664 722
32,909
Mahogany
567.585
112,083
58.446
week ended Dec.
Beef,
Pork. bbls.
To—
bbls A
tcs.
28, 1878, and their distribution:
Lard,
lbs.
Bacon,
lbs.
7,566
705,422
958,438
a
•
bbls.
London........
..........
Glasgow
Bremen
1,680
1,903
124
30
44
Hamburg
Antwerp
•
Havre
Marseilles
Continental Ports
South and Coat. America.
West Indies
Brit, ant N A. Colonies..
Other countriea.
Geaoa
•
•
537
823
28 i
70
20
#
*40
20
60
76
384
5
1,58!
1,519
8(5
1,028
27
25
2,046,800 10,501,772
8,250
324,425
162,670 1,437,8*
1,216.600
308,750
857,000
567,200
761,600
450,3* 0
9&9,8o0 1,099.625
195,400
'294^087
650,456
5,d0u
47,101
401,125
451,797
57,230
226,182
20,417
2,861
*
Total week
Cheese,
lbs.
Tallow,
lbs.
«••••••••> .-*>*«•
7,152 3,269 6,604,164 15,649,017
9,623 3,126 8,005,259 20,005,55.
14,479.595
6,868,068
40,870
290,458
196,078
Tar...,
525
Pitch
Oil cake
bbls.
Oil, lard
Oil, whale
•
•
•
14,937
2,792
16,434
2,4 ?0
1,91-5
735
Sugar
Sugar
116,084
a
.
.
•
455,807
721,860
172 2ifs
’m
440,600
49.500
122,500
792,OOJ
817,520
•
•
•
•
•
•
*
•
6,128
24,444
900
fll U9fl
e
•
•
•
15*511
22,636
• •we
25,263
93,286
521,594
57,572
1,414,562
183,070
50,880
1.238,737
3,l79,9b3
466,296
771,279
48,818
29,476
1,064,740
1,269,440
2,421,340
474,807
497,732
42,580
78,927
20.010
•
,
1.367
25,002
90,562
213,755
ll5,01t
219.415
87,759
•
•
•
•
•
846
13,794
73,522
200,438
99.897
160,199
104,615
Exports of Leading Article* of Domestic Produce*
The following table, based
upon Custom House returns, shows
the exports from New York of all
leading articles of domeetic
produce for the week ending with Tuesday last; also the
exports
for the year 1878 and for the
year 1877.
Week ending
Dec. 31.
Ashes, pots
Ashes, pearls
30
.
;....
•
Breadstuff’s—
Flour, wheat
bbls.
Flour,
•
• •
59,686
rye
Corn meal
50
2,767
819,45*
Wheat
Bye
25,945
Oats
1,821
Barley
•
Peas
Corn
Candles
Coal
Cotton
•
•
5.712
354,105
..
836
872
tons.
9,047
815
832
Hay
Ho~p8
1,293
Naval Stores—
Crude turpentine
bbls.
bbls
bbls.
Spiiit.s turpentine
Rosin
Tar
hitch
Oil cake
Sperm
liftrA
Linseed
Petroleum
Provisions—
•
•
•
•
11-«
•
v
•
•
•
•
•
••
0
•
.
gals.
...
...
Beef/...,..
Cntmeats
•
0#
•
•
•
«
Batter
Oh66C€0 »**••••••••••»
Lard....
-
•
•••••«
fts
ft
ttl.
Rice
0
Tobacco....
0 0
0
1,494
••••••••*•• •
•
•
•
•
0*^8
bales and cases.
Tobacco* manufactured.
Wkaisben*
lbs.
..ibs.
•••••••
••...
1,450
271
164,984
133,3.0
2,630,437
1,537,106
4,375
202,738
55,019,389
4,084,841
8,653,905
1,518,72*
476, li4
27,440,781
49.279
54,238
455,583
139,764
61,521
51,281
7,999
229,939
21,355,774
2,019,796
257,634
2,412,509
487,031
26,373.9 i 2
50,2 4
38,430
407,952
102,218
51,010
69,694
185
200*
2,724
75
239,77*
7,948
,23,399
3,158,707
25,703
232,800*
10,879
45,481
1,316,945-
467,938
109.994-
00
•
•
• •
•
•« 0
5,646
402,06ff
1388,253
.8,883,725
612,893
1,260,991
10,983
205,098,522
231,127,895
3,900
946,184
186,785
21.612
11,902 4*4
436,686
1,103,353
5,165,870
318
.
1877.
16.964
0
238
887
—
TftllOW
1 obacco, leaf
Year
,
97
0
257
Pork
Beef
Year
1878.
250
Beeswax
00*0
1.406,162 1,910,787
1,767,838 3,273,655
•
83,240
21.321
•
914
4,2 i 6
938
Wool
3,171
73,210
380,185
22,704
6,173
471
3,000
2,120
Whiskey
2,353
73,827
387,136
22,413
3,386
39,229
682
bx i. and cases.
473
107,025
42.911
74.395
hhds
Tobacco
as
174,309
1,663
•
Taiiow
Tobacco.
122.668
4,517,400
18,594
2 >,539
.slabs
154,880
217,965
128,144
369.788
29,236
.tcs. A bbls.
823,31$
19.036
232
Butter...
324.378
8.793,230
666,410
462.825
5,696
Bec-f
Cntmeats.
88,364
4,428,055
1,969.607
34,626,108
12,179,667
531
2,280
.
’
24,691,237
4,618
galls.
Peanuts
Provisions—
Pork
165,424
115,068
*
7,357
Oils—
281,400
Previous week
•
50
766
Whale
Liverpool
4,268.269
33,113,272
2,922
Domestics
of Provision*.
following are the exports of provisions from New
York,
Boston, Baltimore, Philadelphia,
Montreal, Portland and New
Orleans, for the
62,027,693
1,578,812 1,353,495
1.368,541
Nuts
199,229
89,400
51,215
32,446
c
Hogs, dressed
7,255
941,359
3,650
Raisins
1,429.441 1,510,132
14-,2i9 Hides, undressed.. 10,919.^32
i2,4>3,685
Kice
289,310
302,283
1,828 Spices. Ac.—
6.838
Cassia
169,993
122,476
6-\ 04
Ginger
61,620
113,332
868
Pepper
385,124
465,620
Saltpetre
2i2,473
419,354
2,723
2,581
....
624
Spelter, Tbs
4U54 Cigars.
1,75) Corks
25.587 Fancy goods
65,381 Fish
65,599 Fruits, Ac.—
1,761
Watches
.
5,57*«<
1,565
5,721
164,047
Hair
.
65,265
7,3h4
.
Hardwaie
Lead, pigs
8,608,788
236,050
Molasses
Naval Stores—
Rice
3,805
1,218
4,629,286
7.097
10,135
1,254
1,922
67,904
13,256
Stearine
4,002
73,216
992
Rotfin
6,677
88,755
1,522
Spelter
Cutlery
4,200
86,738
30,308
Lard
Lard
Year
1877.
1818.
Tea
3,918
Irtish.
Molasses
specified.]
Year
52.511 Tobacco
27,740 Waste
4,455 Wines, Ac—
o0,ll7
•
Hops
-
5,418 Sugar, bxs A bags.
45,424
•
Egg*
Tin, boxes
1,049,485
Tin slabs,lbs... 10,982,162
6,549
11,315,310
80,658 Paper Stock
131,948
193,7t>5
23^317 Sugar, hhds, tcs. A
70,430
3, .08
Flax..
when not otherwise
7,840
8,207
.
Coal, tons.
Jewelry
14.888
4U,4u7
34.012
5,049
Glass plate
Buttons..
15,835
37,990
222,095
•
Cheese
Metals, Ac.—
Earthenware—
China..
•
Barley and malt
1877:
Year
1377.
•
Turpentine, crude...
Turpentine, spirits..
$342,614
934,205
following table, compiled from Custom House returns,
foreign imports of leading articles at this port for
[The quantity is given in packages
•
Year
1877.
1,419
J,?01
390,200
2,410
Peas
Cotton
Cotton feed oil
Flax seed
Grass seed....
Hides
Hides
shows the
the year 1878 and for the
year
•
Corn
Oats
66,731
25,395
3,S12
bbls.
bbls.
Corn meal
Year
1878.
85
Leather
Lead
•
194
1,494
2,831
Imports of
The
$115,048
165,138
176,203
960,762
2.897
bbls.
bbls.
Breadstuff’s—
$21,094
90
ENTERED FOB WAREHOUSING DURING
8AME PERIOD.
cotton
Ashes
Beans
Rye
48
107
28
ending
Dec. 31.
MARKET DURING
26,314
9,555
816
Add ent’d for cons’mp’n
do
Week
$934,205
$46,454
50,619
week for exports), and
year 1878 and for the year 1877.
813,392
309,560
133,261
83,536
102
155
56
866
618
68,958
receipts for the
$94,456
'
do
' flax...
Miscellaneous dry good*
do
Value.
248
269.301
daily reports made to the
receipts of leading
for the week
ending
upon
Tuesday last (corresponding with the
also the
Flour, wheat
WAREHOUSE
Mannfactures of wool..
Pkgs.
$136,149
2,831
with
1879
Value.
810
941
440
518
6 !2
224,315
2,897
WITHDRAWN
Pkgs.
$176,374
355,575
319
..
1878.
following table, based
Domestic Produce*
New York Produce
Exchange, shows the
articles of domestic produce in New York
2, 1679.
—..
1877.
The
of
1,071,895
2,585
199
81,821
637
49,350
59,068
478,179,518
23,590,608
134,007,28$
259,123,481
25,038
78,060,790
118,769
88,179
7,510,842
115,148
12,762
40,166
57,679
261,749,687
19,652.170
107,694,189
188,657,8W
25,170
»7,496,585
95,00$
47,280
8,562,164
84,640
26
THE CHRONICLE.
Financial.
Jesup> Paton & Co.,
52 William
Accounts
and
Banks, Corporations,
agents for corporations in paying coupons
and dividends, also as transfer agents.
Bonds, stocks and
securities
bought and sold
on
Sound railroad and municipal bonds
negotiated.
Funds carefully Invested in Western farm mort¬
gages, and the Interest collected.
J. S. Kennedy & Co,,
BANKERS AND
Broadway, Cor. Rector St.
-
Registrar of Stocks.
Interest allowed
Buy and sell Railroad Investment Securities. ColCoupons and Dividends. Negotiate Loans and
-draw Bills of Exchange on London.
•Agents for the sale of STEEL RAILS made by the
EXECUTIVE
BANKERS,
Street, New York.
•DEPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AND INTEREST ALLOWED ON DAILY
CAL A NCES
GOVERNMENT
BONDS,
GOLD,
ALL INVESTMENT SECURITIES
SOLD ON COMMISSION.
63
Wall
Street, New York.
TP. O. BOX
8peclal attention paid
to the
J. * W. DAYTON. 230 Chestnut Street.
BrinckerholT, Turner
TRUSTEES:
J. 8. Rockwell,
John P. Rolfe,
Henry Sanger,
Alex.McCne,
Chas. R. Marvin, A. A. Low.
Thomas Sullivan, Abm. B. Baylis,
Henry E.Sheldon
H.E. Pterrenont, Dan’l Chauncey, John T. Martin.
Alex. M. White.
Josiah O. Low,
Ripley Ropes,
Austin Corbin.
Edmund W. Corlles.
Wm. R. BUNKER, aerietary
R. T. Wilson &
Co.,
And all kinds of
BAGS,
‘
AND
A fnU
14
Parker,
'
MERCHANT,
Exchange Place,
BOSTON.
Post Office Box 2,634.
8ELL
AN
idh&t
O.I
Hunting Company.
supply tl! Widths and Colors alnay? in stood*.
No. 109 Duatie Street.
Charles E.
Olyphant &
.
Walston H. Brown & Bro.
States
COMMISSION
STREET
BONDS, GOLD, STOCKS
MISCELLANEOUS SECURITIES.
FRED. A. BROWN,
AWN/NG STRIPES.’
Also. Asents
t nited
Foote,
BANKERS, No. 12 WALL
neiroriMnon of Coir
WALSTON H. BROWN.
Co.,
COTTON CANVAS, FELTING
DUCK, CAR COVER
LNG, BAGGING, RAVENS DUCK, 8AIL TWINES
*0. “ ONTARIO ’ SEAMLESS
COMMISSION MERCHANTS
2 Exchange
Court, New York.
GOVERNMENT
merclal bills.
&
COTTONSAILDUCK
KIPLKY R< >PES, President.
CHAS. R. MARVIN, Vice-Pres t.
Edgar M. Cullen, Counsel.
BUY
2.S47.)
15 Chaunoey St.
PHILADELPHIA,
securities.
Hatch &
GOLD,
BOSTON,
-
45 White Street.
Religious and charitable institutions, and persons
anaccustomed to tne transaction of
business, will find
this Oompary a safe and convenient
depository for
STOCKS AND
BOUGHT AND
AND
Drawers
From Various Mille.
YORK,
Manufacturers and Dealers it,
IN
EXCHANGE
Co,,
It can act as agent in the sale or
management of real
estate, collect interest or dividends, receive registry
and transfer books, or make
purchase and sale of Gov¬
Hilmers,McGowan & Co
FOREIGN
NEW
Montague ft Clinton sts., Brooklyn, N. Y.
BANKERS AND
BROKERS
Hosiery, Shirts and
Secretary.
money.
John J* Cisco & Son,
FOR
Jiii^ioii Mills, ilhlcopee Mfg Co,,
Burlington Woolen Co.,
AND
Brooklyn Trust Co.
erns ent and ether
relating to the Construction and Equip¬
Wall
Wa
trator.
THE
Sawy er&Co
AGENT 1
Company is authorized by special charter to art
receiver, trustee, guardian, execuor or adminis¬
as
ment of Railroads undertaken.
59
The
E. R. Mudge,
UUerton New Mills,
Atlantic Co.ton IMliis,
Saratoga Victor j Mfg
COMMITTEE.
J. H. OGILVIE,
u.'v. of
PITTSBURGH, PENN.
No.
pass
HELIX
NEEDLES.
BROADWAY, NEW YORK.
400
This
Edgar Thompson Steel Co. (Limited),
All business
may he made
through tne
Clearing-House.
EDWARD KLNG, President.
J. M. McLean, 1st Vice-Pt'esidenl.
Wm. Whitewbight, 2d Vice President.
Company,
JOHNSTOWN, PESN.,
AND
Deposits, which
on
AMx.
Mi LWARD’S
LEGAL DEPOSITORY FOR MONEY.
and withdrawn at
any time.
N. B.—Checks on this institution
"
.
as Executor, Administra¬
tor, Guardian, Receiver, or Trustee, and is a
J. M. McLean,
Samuel Willets,
Augustus Schell,
Wm. Whitewbight,
E. B. Wksley,
Geo. Cabot Wabd
G. G. Williams
ect
draw
$1,000,000.
-
#
Authorized by law to act
MERCHANTS,
iron
.“T
-
Transfer Agent and
New York.
Cambria
YOKK,
HAS SPECIAL FACILITIES FOR ACTING A8
41 CEDAR, COR. WILLIAM
ST.,
!
i11
George A. Clark & Bro.,
NEW
as
commission.
1
UNION TRUST CO.
CAPITAL,
-firms and individuals received upon favorable
terms.
Dividends and interest collected and remitted.
Act
Commercial Cards.
No. 73
Street, New York.
Agency of
Financial.
OF
BANKERS,
VOL. XXVIII
COMMISSION
Co.,
MERCHANTS,
Hong Kong, Shanghai, Foochow and
Canton, China.
BANKERS,
*
34
Pine
Street, New Y'ork.
TION OF
COR. OF
SECURITIES.
J. D. Probst PLACE,
& Co.,
52
EXCHANGE
NEW
Transact
YORK,
in
New
Transact
for cash or
NEW YORK,
134 Pearl Street.
on a
Gossler &
O.
BOX
Co.,
Locomotives
Amoskeag Steam
Engines,
MANCHESTER,
ARESTAS
BLOOD,
Peck, Gilbert & Co.,
No. 16 Broad St. (near
Wall),
class references.
or
by mail. First-
J. Alden
Gaylord,
St., New York,
33 Wall
DEALER
IN
ST. LOUIS CITY Sc COUNTY
BONDS
AND ALL CLASSES OF
INVESTMENT ft MISCELLANEOUS SECURITIES
ftaferi by permission to W. 8. Nichols ft Co, Bankers
No.
MEANS,
40 Water Btreet. Boston
COMMISSION
AND
11
Old- MIp, New York.
Jobbing Trade ONLY Supplied.
John F. Wheless & Co.,
COTTON
COMMISSION
Special attention given to Spinners’ orders. Corre¬
spondence solicited.
Refehences.—Third and Fourth National Banks
ano Proprietors of The Chronicle.
-
Wire
MERCHANTS
SHIP AGENTS.
suitable for MINING AND
HOISTING PURPOSES, In.
cllDed Planes, Transmission
iof Power, &c. Also G«i
Boston Agency.
) New York Agency,
J. MURRAY FORBES,V S. W. POMEROY
Jr.,
30 Central Street, j
105 Water St., N. Y
Hong Kong & Shanghai
Banking
Corporation,
Office, Hong Kong.
Head
AGENT,
8. W POMEROY Jb., 105 Watbb St.( N, T.
Rope.
STEEL AND CHARCOAL
IRON of superior quality
Hong Kong, Canton, Amoy, Foochow
Shanghai and Hankow, China.
.
MERCHANTS,
NASHVILLE, TENNESSEE.
Treasurer,
Russell & Co.,
BROKERS.
Stocks bought and sold on the NEW YORK STOCK
EXCHANGE on a margin of 3 perctnt, if desired
£4ual attention given to small and large Investments.
N. H.
W. G.
Superintendent,
Manchester, N. H
Any information given personally
W orks,
and
Fire
ROPE,
STOCK
l ards.
MANCHESTER
HAMBURG.
AND
W. Tease
MANUFACTURERS OF
& CO
SODA.
2,647.
C. W.McLellan. Je.
The
OF
BERENBERG, GOSSLER
BANKERS
SliPER-CARBO^ATE
OK
Locomotive
Hamburg and
London, (Limited.)
E U
MANUFACTURERS OF
STOCKS, BONDS and GOLD
Commercial
International Bank of
IN
John Dwight & Co.,
margin.
P.
A.M. Kiddeb.
BOSTON.
70 State Street
HOUSE
BROADWAY
York.
General Banking Business, including the
purchase and sale of
Attention given to Miscellaneous Securities.
JOHN
a
a
Railway
CORRESPONDENTS
104 Wall St., New York.
Investment Securities For Sale.
General Banking and Brokerage BusiShare* and Bonds, Government
Securities and Gold.
inees
WALL STREET AND
by
OLYPHANT Sc CO., of China.
BANKERS,
•SPECIAL ATTENTION GIVEN TO THE NEGOTlA
RAILROAD
REPRESENTED
de, a.
i
Ivanlzed Charcoal and BBfor
m
constantly on .hand
which any
are cut.
frem
desired length
FT.AT'STEEL AND
IRON ROPES for.
purposes
order.
Mlnlig
manufactured to
..
---a
JOHN W. MASON Sc CO.,
43 Broadway, New York*
@FedFRASER