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P0wm
HUNT'S MERCHANTS' MAGAZINB,
REPRESENTING

VOL.

INDUSTRIAL AND COMMERCIAL INTERESTS OF TIIE UNITED STATES..

TIIE

SATURDAY, JANUARY

28.

CONTENTS.

now

Rasamptloo Accompllthed
Production and iiiOck of Precious
Metals
New Arrang^-m }qU for Ocean
Freight'
Social Piohlem— P«rke Qodvin at tt>! 0»n|)er Insiituie .. .
Retrosp ci of 18?il
Prices of Gold In New York for
Every Day in the Year 1878 ....
Quotations of Sterlins; Exchange
for Every D:>y in the Year ISTS..
Course of Piicch of GovernmeDt
Securities fur the Year 18^8

The

THE
Money Market,

Course of Pric«8 of State Securities During the Year 1878
Course of Prices of R iilro:td Bonds
for the Year 1878
S Course of 1 rices of Railroad aid
Miscellaneous Stocks In the

1

Year i8:8
The A^e'it Stateoaent

4
4

uncertainty,

a

Latest Monetary and Commercial

8

Commercial

its

Knelish News

Miscellaneous

I
I

14

13

GAZBTTK.

Qiiotationsof Stocks and Bonds.
Investments, and State, City and
Corporation Finances

16
17

19
19

Breadstuffs

Si]

I

thus relieved of this element of

becomes

enterprise

hazardous

less

and

closes the history of our

distinctive feature

war

concerned.

is

finances, so far as
It

useless to say

is

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
the various stages of depreciation with constant fluctua-

|

THE COM.MERCIAL TIMES.
Commercial Epitome
Cotton

;

Dry Goods
Imports, Receipts and Exports

..

.

84
25

tion

for seventeen years,

safely anchored

respects

to

upon a

we

are at length once again

fixed standard

and subject

in all

Many, how-

the universal law of value.

now believe, or say they believe, that this isbut an experiment, and others even prophesy that we
will soon be drifting again with gold at a premium. Our

ever, even

The Co-Mmehclm, and Financial Chroski.k is imued
day morning, with

the latest news

up

to

on Satur-

midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE
For One

IN

ADVANCE:
$10

YejiT, (including postage)

20.

Months
do
6 10.
Annual subscription in London (Including postage)
£2 68.
Sixmos,
fto
do
do
1 7s.
SubjcnplioDs will he continued until ordered stopped »y « writtfn order, or
oi the pubhcatioii office. The Publishers cannot be responsible for Remittances
Fi>r Six

(nlCi^B

made by Drafts

or Post-Otfl je

Money Orders.

London
The London

ofllce

Ad vertisementa.
Transient advertisements are published at ii cents per line fer each i nsertion,
bnt when di-finlte orders are given for five, or more, insertions, a liberal discount is made. No iiromi^e of continuous publica'ion in the be^t pi ice can b3
given, a< all advertise s must have equal opportunities. Special Notices in
Banking and Financial column BO cen s per lin<. each insertion.
wlLLtAK B. nanA,
WILLIAM B.
& CO., Publishers,
JOHN a, FLOTD, jii. f
79 Sc 81 William Street,
YORK.

DANA

I

NEW

i^ A

neat flie-cover

Volumes bound

is furnished «t .50 cents; postage
for sib^cribers at 31 '^

set of the

more stupidity and weakness than the people of
country have ever displayed in the past, to permit a
turning back. Of course, the silver issue is the cause of
require

this

on the same

but that law will be altered or repealed
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 pariy can adopt. Mechanics
before

it

in this vicinity

even

now call

the silver dollar the "stove-

lid-currency;" and every intelligent

man knows by

this

time that the act is simply a measure for the relief of
Europe.
have no fear of its long continuance on
our statute book.

We

Post Offick Box 4592.

fW For a complete
July, 18« to date—

readers need have no fear on these points. The penalty
hag been paid, the victory has been won, and it would

chief concern;

Office.

of the Chronice.b is at No. 5 Austin Friars, Old Broad
Street, wuere subscriptions will be taken at the prices above named.

cents.

is

13

Coxvkrciai. and Fl-javial Cichosicmc—

or of Hunt's Ukbchants' Maoazike, 1839 to IsTl, inquire

St the office.

For the

benefit of those

who have

the permanency of resumption,

month

we

other doubts as to
are

able to

give

Ciiiiosici,!: (Bit

from the Bureau of
Statistics.
It is a remarkable exhibit, showing a mer.
chandise balance for the month of November of
$31,989,505 in our favor, and making, with the previous

pablishing

excess in exports, an excess of over |I269,000,000 for the

to-day one

Notice to SalMicrlberfi.—The

price for binding volumes of the
months' numbers) has been reduced to gl ao. The publishers
have no agent who solicits binding from subscribers, and any person visiilng
them for the pu pose of such solicitation does so entirely upon his owr.
authority, and rhonld not bo naderstood as havin? a connectioa with the
office.

later trade figures

eleven months of this year, compared with an exces.- of

RES UMP TION A CCOMPLISIIED.
During the past week we have quietly passed

new commercial
large

number

of

into a

Not only our banks bnt a
our merchants were able to and did

condition.

#100,000,000 for the same eleven months of
is as follows

summary

Excess of Imiwrts
11 .Mouths.

November—

are required

Tkn

the merchant buys his sterling with legal

tenders and can even pay his duties with the same, eo
that he bays and sells in the one currency and needs but

one account of the transaction.

Thia means simply that

1877.

Th©

:

1878.

1877,

and Exports—

with the l8t of January close up and discontinue one
f^et of books.
Hereafter no more gold accounts

complete

;

•

and

at this time that these issues

News

I

is

manu-

interchange-

of value

basis

13

and

8

V. S. Securities,

Thus

14

8

tea, are all

therefore freer.

for Dect-m-

ber, 1S78

Chinaman's

anywhere on a common fixed

every venture

as

2

B.\.NKaRS'

Railway Slocks, Gold Market,
ForiigB Exckinge, N, Y. City
Banks, etc

able

706.

the farmer's grain, the planter's cotton, the

facturer's prints, the

THB CHRONICLH.

NO.

1879.

4.

Excess of imports.
Excess of exports..
prcvioiiB nio's—
Excess of imports.
Excess of exports.

Total

11

Gold & sU'r Merchandise. Gold

tt

M'r. Mercli'd'se.

$701,229
681,968

28,113,501

31,989,505

2,416,261

24,999,949

7i2,191,48»

jef^n.osn.."!!? )!i24.29S,720

100,304,990

237,070,012

mouths

Excess of lmi>ortJ<. $1,734,293
Excess of extiorts

—

.

6

.

—

.

THE (mnONlCLE.

2

XXVIH.

[Vol.

must be remembered, is, we repeat
and the previous ones are for the calendar year. Much of the discrepancy between them
could be reconciled by making allowance for that fact
for
it is an undoubted truth that production has of late
she
how
far
in Great Britain, and
materially decreased and for the next twelve
months
other
and
forward our railroad

Surely our doubting Simons can draw very little
And yet they do not mean
support from these figures.
of gold to Europe this
ehipratnts
no
make
shall
we
that
That will depend largely upon the length and
year.

This statement,

it

>

for the fiscal year,

;

extent of the distress
will continue to send

Bat

bonds for payment.

so long as our foreign trade

remains on its present conservative basis we may be sure
that no more gold will go than we can wtU spare.

We

millions a
are producing gold at the rate of 35 to 44
to
year, and it would be unwise for us to continue long

keep

home.

at

it all

mouths

is

decrease, giving a

likely further to

yield

of

gold not much in excess of $35,000,000. Using, however. Dr. Linderman's figures for the last five years, and
giving the results of Professor Raymond, formerly Commissioner of Mining, for previous years, we have the
following statement of the yield of gold and silver since
1800.
PRODHOTION or OOLS AKD SILVER SINCE

PRODUCTION AND STOCK OF PRECIOUS
METALS.

Gold.

In connection with resumption, whicb has this week
effected, statistics with regard to the pro indion and

been

Total.

$215,651,114
35,703,413

$77,927,092
42,000,000
46,850,000
45,100,000
47,226,107

1860-1874.
1875
1876
1877
1878

1860.

Silver.

38,,500,000

38,950,000

$893,578,206
77,703,413
85,350,000
84,050,000
93,952,421

46,726,314
stock of the precious metals have an increa'-i.J interestFargo
CoWells,
&
$859,103,199
$375,530,841
Messrs.
siuoe
1860
$1,234,634,040
Total
With the Ist of January,
It
production.
of
statement
annual
export
movement
ol
the
the
precious
their
now
to
Turning
have i.>-suid
prewith
the
follows,
is
as
and
year,
the
following
results.
give
only
calendar
have
we
metals,
is for the
the totals for the entire period, not having room to
vious year added for comparison.
.

We

Year ending December 31.
LocaUon.

$18,174,716
51,580,290
1,191,997
92,220
1,832.495
2,644,912
8,113,755
7,913,549
309,010
2,388,622
1,500,000
1,432.992
1,771,190

From

$81,154,022

5,421,754

Total

gold

aud

silver.

$38,956,231
38,746,391
3,452.000

$46,129,547
47,206,957
5,085,250

$18,920,461
35.181,949
1,213,724
73,311
1,868,122
9,763,610
6,004,613
0,232,747
453,813
2,287,983
2,215,804
1,594,995
1,283,460

California

Nevada
Orosiin
Wasiiiiig^n

Idaho

Montana
Utali

Colorado
New Mexico
Ailzona

Dakota
Mexico (west coast)
British Columbia
Total gold, silver and lead

.

Gold...
Silver.
L.ead..

insert the figures for

each year:

1877.

1878.

to

Exported.

185!

Total

Imported.

1878Foreign.

Domestic.

Total.

Qold coin..
Gold bullion

$038,714,816
217,317,925

$58,713,695
368,553

$697,428,511 $191,569,160
25,248,136
217,686,478^

Total gold

$850,032,741

$59,082,248

$915,114,989 $210,817,293

Silver coin..
Silver bul'n

$51,330,853
215,727,866

$95,548,051
1,811,28!)

$140,928,904 $118,730,855
217,530,155
18,559,190

Tout silver

$267,108,719

$97,359,340

$304,408,059 $137,290,045

$1,123,141,460 $156,441,588 $1,279,5S3,048,$354,113,340

Using the

figures for production since

1860, as given

above, and the totals of exports and

imports as here
$98,421,754
$81,154,622
Total, as abovo
for the last six months,
estimate
adding
an
and
staled,
in
the
This shows a decrease of $17,267,132 this year
we have the following net result
total production, and the same authorities estimate that
"
$70,000,000."
greatly
exceed
not
will
the yield for 1879
Silver.
Total.
Gold.
:

Their totaU for previous years are as follows.
Net Product of the United States and Territories
west of the Missouri Kiver.

Products,
inoludiag

Year.

Britisli

Columbia
and Mexico

Lead.

Gold.

Sliver.

Total.

1870... *5 1,000,000 $1,080,000 $17,320,000 $33,750,000 $52,150,000
58,284,000 2,100.000 19,286,000 34,398,000 55,084,000
1871 ...
62.236,950 2,250,000 19,924,429 38,109,395 60,351,824
1872 ...
1873 ... 72,258,693 3,4.50,000 27,483,30'- 39,206,558 70,139,860
74,401,045 3,800,000 29,699,122 38,406,488 71,905,610
1874...
80,889.057 5,100,000 32,60.'i,2;i9 39,96',194 76,703,433
1875...
90,875,103 5,040,0f)0 39,292,924 42,88<-;.935 87,219,859
1876...
98,421,754 5,085,250 45,840,1091 44,880,223 95.811,582
1877...

These statements are

for the calendar year,

all

and

are generally received by bankers and others dealing
The
in the precious metals as quite accurate.

most
Mint

prepared by Dr. Linderman, should, how-

figures,

$859,103,199 $375,530,841 $1,234,634,040
Production since 1859...
E.-^porta in excess of imports
925,400,708
098,297,094 227,172,014
Biixce 1859
Production in excess of net
$100,805,505 $148,358,827
exports

Months,
June-December, 1 878
Production
Imports in excess of exports

$300,164,332

Estimate for Six

19,000,000
2,000,000

$38,000,000
3,000,000

Total production in excess
$180,805,505 $169,358,827
Of exports

$350,164,332

$19,000,000
]

,000,000

General estimates put the stock of coin in the country
1860 at about $200,000,000, of Which about
$100,000,000 were visible. This must have been all

in

Starting then
subsidiary currency.
with the stock at that time, and adding tha increase of
gold as shown above, we shall, after deducting the

gold except the

more reliable, as they are for the fiscal year
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 repoit gives the gold coin and bullion
past three years have been as follows.
A statement
in the country on June 30 at $244,353,390.

ever, be

Gold.

Locality.

$

Sliver.

$

Total,

Total.

Total,

1877-78.

1876-77.

1875-76.

9

$

$

Oallfornla.... 15,200,679 2,373,389 17,034,068 16,000,000 18,077,500
19,54ti,513 2-*,l;i0,3o0 17,070,863 14.000,000 41;725,000
Nevada
3,360,101 5.391,910 8,761,344 7,500,000 7,292,000
Colorado
3,950,000 4,230,000
2,260,511 1,669.63.^ 3,930, 11
Moniana
1,1.50,000
300,000 1 ,350,000 1,7.50,000 2,038,000
IdaUo

392,000
500,000
175,000

5,208.000

5,600,000

3,(HX>,000
5(M>,00"

3, .500,000

800,0110

(!75.(KM)

1,000,000

1,100,000

.300.000

100,000
25,000

Dakota
3,000,000
I*kc Superior

675,000
1,100,000
350.000
2,000,000

100,000

Ctah

..

Arizona

New Mexico

.

Ocegiin

Washington

..

325,000
3,000,000
100,000

Virginia

North Car'llnn
Georgia
Otlicr sources.

Total

5,125,000

200,0(0
50,0(10

.

1.50,000

150,00(1

100,000
25,000

100,000
50,000

25,000

100,000
100,000
50,000

5,850.000
1,510,000
810,000
1,500,000
300.000
1,000,000
269,500
75,000
150,000
1- 0,000

313,000

47,226,107 46.726,314 9.1.052.421 84.050,000 85,350,000

made up from the above
But where is it all,
total.

figures
is

would have a large

the usual inquiry; for the

doubt implied in this question is very generally felt
among our financial men. A few days since we met a
New Jersey farmer not a wealthy one, either and
falling into conversation with him asked whether he
" Yes," he replied, " a very little. In
iiad any gold.
"i860 I had over fifteen hundred dollars, and kept'
" it for several years, but finally, when the premium
" began to go down, I sold it all but one hundred and
" fourteen dollars. I have that yet." How many other
New Jersey farmers have as large a sample ?

—

—

:

Januaiit

4,

THE CHRONICLE

1879.]

CEA N FREIGHTS.

NK W AREA NGEMENTS FOR

that those roads conld easily do freight busineM at night;

" it would bo very easy," said he, " for down-town shiprumor interpreted a sudden
pers along our line to ran up their freight by elevators
brief trip of Mr. Vauderbilt to Europe as meaning an
to their second or third-story windows, and thence, by
arrangement for some new or closer cennectiou with the
means of sidings connecting with our track, dump it
Central for ocean freights, and now the rumor seems
into our freight cars, which could transfer it to the
Tiie railroad people are nonto have become true.
trunk lines outside the city." The cars which should
oommunicative, but enough has been gleaned to make
carry it away should be the ones to receive it, thus
it certain that an understanding of some sort has been
avoiding transfer, and this plan could -be only a substireached whereby the " Unicorn " line of exclusively
tute for a system of improved docks connected with a
freight steamers will run from the Central's wharf at
nevertheless the suggestion is a fertile
freight railroad
Sixty-fifth street, North River, having a monopoly of

A

number

of montliB ago,

;

business at that point.

the

This arrangement

is

the

one.

tor,

and

an important although ta^-dy step towards

is

assumed by some that the Central, as the Penn-

It is

natural sequel to the construction of the Centriil eleva-

sylvania road was obliged to do, has given the Unicorn

line some sort of guaranty of freight
but this does not
seem to us a warrantable supposition. The vessels exist
and are looking for business; the wharf is ready for
them
and while there is, of course, some risk necessarily
Boston, Phila-

a removal of the local obstacles to the commerce of
New York. Without the appliances for cheaply handling grain in the mass, Ciiicago could hardly have

become the grain-distributing centre.
delphia, and Baltimore, have for several years been
using the method, whereby the railroad car runs direct
to the vessel and the cargo is lifted on board at the
minimum of cost; but New York has gone on in the old
way of lighterage. Under this and other disadvantages
which have made the passing of freight through New

;

;

connected with undertaking a
like

that of organiz'.ng a

the risk

trip,

new

line.

is

The

nothing
are

vessels

and all they undertake to do is to run from the
Central's wharf at such intervals and to such foreign
ports as business requires. Undoubtedly a favorable
statement of the situation was made by the road, and
the aid of its facilities and influence promised but
York bear a cost enormously large relatively, there has
there is no reason to infer any definite guaranty, and, in
grain.
principally
in
been some diversion of export trade,
fact, one of the parties expressly says that the vessels
diversion
gone,
the
followfar
this
has
As showing how
the railroad are at liberty to discontinue the arrangeand
ing Government figures for several fiscal years are
There are diflferences, also, between
ment
at pleasure.
interesting, giving the percentage of the cities named
Central's position with reference to this city and that
the
first column
in the total trade of the country, the
roads with reference to Philadelphia and
being the percentage of the entire Atlantic coast (all of the other
Baltimore. Both those have boiind themselves closely
north of Florida) to the total
both have
with the commercial growth of these cities
mroBTs VIA
BaltiXew undertaken a comparatively artificial task as proven
AUantic
PhUadtlplila.
Coast.
Boston.
more.
York
Ytar.
by the fact that increased exports fail to increase im4-22
3-18
82SI8
10.28
63 68
ISTl)
4-60
3-18
30-83
65-68
ports
and hence both are under a necessarily heavier
8J'40
1872
4-92
85-81
4 44
1874
8 74
6i-3i
bond in several ways to push the attempt through, in
0-28
4-37
rovers,

;

;

—

—

1875

..

.. ..

..

503

(,6-55

4 72

4 70

65-4)

8 59

3 99

4-£3

67-10

S-64

414

3-63

67 08

66 49

83 73

1878
1877

8531

187i

64-46

7 85

60-66

1870
....

6')'8!i

7I-M

1374

2 4t>
3 90
4 0)
4 54

How

the

than the Central can ever be.

new arrangement

will

work must be

time to show, for there are several factors

DOMESTIC EXPORTS FROM
1678

spite of cost,

329
382

S-87
3-34

4-7!

3-97

4911

44>
624

4-28

61 19

4J-07
49-24

sides railroad competition.

leng'h of the trips

For

— 14 d-ays—

in

left

for

the case be-

instance, the expected

put the

will

new

vessels

some disadvantage in respect to the more perishable
5-59
4 S4
7-J-44
45 65
1 78
..
as compared with the passenger vessels.
freights
The
6-,3
44-51
5
6-E2
1877
.... 73 31
46 -»0
6 !4
6 16
7485
6
%8
lattei- have con-iections and arrangements with the CenThese figures require no comment. The diversion of tral, and several of them have their docks already joined
some
exports which they show is not alarming, but it would with that road by the " Belt " street-car track
1875

.

..

....

74 56

.

at

',9
8:J

;

West

have been larger but for the slowness with which trade

have their own agents

The effort, therefore, to remove thi.s
embargo has been made none too soon. Trade
hereaftir must be conducted on small margins, and a
trifle more or less of transportation charges, particularly
upon cereals and other bulky freights, which must be
carried cheaply or not at all, is enough to make the vital
difference between trade which can bo lost and that
which cannot. With the streets narrow, the docks bad,
the charges and restrictions connected therewith heavy
and vexatious, and, to crown all, no better appliance for
local handling than the cart and the ligltcr, the cost and

and, of course, the Central cannot undertake a monopoly,

currents change.

local

delay of getting merchandise across the city have been
a burden no longer to be tolerated.
tions relief can be obtained only

From

these obstruc-

by bringing the traiismove goods to this

poriing vehicles, which respectively
port and carry

them away, more

closely together.

The

introduction of elevators on special, railroad wharves

is

in the

but will deliver merchandise as
start

it is

looking for freights,
directed.

We

cau

with the proposition, however, that east-bound

come to whatever city, and will leave this
by whatever line offers it on the whole the largest
Hence, although there is no authority for
advantages.
affirming it, it seems as though the new arrangement
means that Mr. Vanderbilt has definitely decided to throw
freight will

city,

down

the gauntlet, doing the best he can independently

for his roadj

"

Equal

and leaving

his rivals to

rates to the sea-board "

is

do what they

like.

an impossible condi-

Free competition all around, and
its result, must be the meaning of
the movement, or else ii can have no meaning. Whether
any more reckless war is to follow we do not venture to
tion of such a plan.

increased cheapness as

predict.

But

it is

well to

remember that the Central has

not undertaken to take care of New York, and that the
interests of the city form a sentimental claim which it is

one step, but there are others remaining to be taken.
One of these a proposition similar to what was long frivolous to keepj urging. Mr. Vanderbilt is 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 hia interests are largely concerned

—

—

—
THE CHRONICLE.

[Vol.

XXVUL

advantages, other things being
wholly bound petition always offers
with the city'8 prosperity, but tliey are not
the largest resources.
commands
equal, to the man who
is to view
up with it, and it is useless to suppose that he
unmixed good. It
an
therefore,
not,
as to its prob- Competition was
this or that question, first and foremost,
of these, the fruit
One
train.
its
in
evils
York. If cities had brought
able bearing upon the prosperity of New
of credit
system
the
was
more,
many
of
without ful parent
and railroads cannot have the sense to compete
come to be
had
pay
to
promises
which
by
system
hopes the a
running competition into the killing sort which
mainly to
was
which
and
money,
to
equal
as
regarded
must teach
others will break down first, then experience
of
the last
disasters
be held responsible for the financial
Such a course, however, is no more necessary
them.
of
world
of
the
debt
The accumulated
in our hundred years.
than it is wise, for they can do what we all do
amounts
to
at
tells
us,
Godwin
Mr.
in the civilization to-day,
private ways— the best they can for themselves
paid,
be
never
can
debt
this
As
least $32,000,000,000.
-open

field.
it is

THE SOCIAL PROBLEM— PARKE GODWIN AT
THE COOPER INSTITUTE.
in
At a meeting of the Workingmen's Lyceum, held
Parke
Mr.
the Cooper Institute on Monday of last week,
Godwin delivered an able, interesting, as well as instrucmany as the great
tive lecture on what is regarded by
of capital and
relations
mutual
question of the day— the
well qualified
is
Godwin
Mr.
subject
On such a
labor.
and in both
publicist,
a
and
historian
an
is
He
speak.

to

capacities he has

made

This funded debt has, therefore, he stated,

funded.

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
causes which have brought labor and capimight have no objection to this
tal into conflict.
if
the application was made only
case
statement of the
of the

many

We

some of the old countries of Europe. As applied to
the United States we cannot accept it as a statement of
Mr. Godwin seems to have fallen into the error
truth.

to

mark. It is natural, there which is quite common among those who treat of the
be attached to what he has socialistic or labor question on this side of the Atlantic
pleased to call "The Social He appears to take it for granted that the conditions of

his

fore, that importance should

to say on

what he

is

social life are the

Problem."

The

appear?, confined himself to one par-

lecturer, it

ticular aspect of the general question, namely, in what
way the productive forces of society can be applieJ so

as to realize the greatest

amount of good

proportion of mankind.

We

same here

as in

Europe

;

that there are

Europe ;
which yawns between capital and
the Old World yawns between capital and labor

privileged and

non-privileged classes here as in

that the same gulf

labor in

It is a serious as well as a radical error, for
in the New.
cannot say that this ques- the teachings which are naturally deduced from it, while
tion has as yet received a final or even a satisfac- they would be pertinent and proper there, can only be
tory answer. Many have been given ; some from regarded as erroneous and pernicious here. That the
the standpoint of religion, some from the standpoint " bloated " bondholder is a fact, a living reality, and

for the largest

some from the standpoint of poliand religious solution is substanThe
tics.
and, being based on the printially the same
But
ciples of equity, it has much to recommend it.
hitherto it has not been found practicable; and, human
of morals, and

moral

;

that there are

numerous specimens of the same

of the countries of Europe,

is

such specimens of humanity,

in

not to be denied.

if

they exist at

all,

some
But

are ex-

number on this side of the Atlantic.
We have some really rich men in the midst of us; but
nature remaining the same, there is, indeed, but small how few of them are inactive or non-producing?
chance that it will be more practicable in the future. Ihe The man who works with his pen, or keeps busy half a
political solution, which would make the State the regu- dozen secretaries and twice as many telegraphic operator.",
lator of industrial enterprises, finds many supporter?. is surely quite as truly a workingman as he who hammers
Such an arrangement, however, would bring about more on the anvil, or he who carries the hod.
It is the disand greater evils than those it sought to remove. There tinctive feature of American life that we have no priviis yet the economic method, on which Mr. Godwin dwelt leged and no idle classes.
We are not divided into two
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,

it, there is nothing new.
Workingmen
have combined, have formed their own fire, life and accident 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 management has fallen into the hands of the capable and trusted
few; and the final result has almost invariably given a
fresh illustration of Darwin's favorite doctrine of the
" survival of the fittest."

as he describes

Mr. Godwin's
sent with

historical studies enabled

much

him

to

pre-

tremely limited in

classes

— the

offering

one offering labor for money, the other

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.

The man who owns
earns the interest.

a

bond

is

man who works and

the

We are 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
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
that 80

many

who ought

to

foolish things are said

know

many

lost sight of

better.

RETROSPECT OF
In

is

and done by those

respects the year

1878.

1S78 was one of the most

and beauty, the slow, remarkable which has yet occurred in the financial history
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 Doccmsents itself to us in these times. According to him, com
ler, 1878, the commercial failures in New York city
clearness, force,

steady, but finally triumphant efforts

1

Januabt

;

THE CHRONICLE.

4, 1870.

liabilities of about $1,850,000, against liabilities to the action of Congress is given merely as a part of the
year's history, and without political bias or intent to
December,
1877, of about $8,000,000.
in
In taking a general view of the leading events of the impugn the good motives of members of the National
year we find that the money market was ea.sy through- Legislature. To a careful observer of the course of finanout; the prolonged discussions iu t'ongress on the Silver cial affairs during 1878 it is apparent that the cloud of

Involved

and

bill

other

influence; the

was very

financial

movement

measures

exerted

of the crops of

malign

a

1877 and

1878

furnishing the basis for an increase in

largo,

uncertainty projected

into

the business horizon

transactions in Congress throughout the

by the

half of the

first

year formed the most pwtent influence of that period.

There was a largd decline in the prices of many articlee:
domestic produce, and ^tho table below shows that
tile failures in the first eight months of tlie year were far cotton, corn, wheat, pork, wool and iron fell off to abnorThe export movement in all of these
in excess of 1877, and culminated with the repeal of the mally low prices.
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 so
marked during the year; depression and uneasiness occur- large a volume as to force down prices; and in some inred 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 workfor resumption purposes $50,000,000 of 4^ per cent bonds ing man, while the producer, carrier, and commission merthrough 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
the general elections in
The number and amount of mercantile failures in the
November were accepted as a practical defeat of 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
railroad

earnings and a remarkable excess in

exports over imports

;

the

number and amount

foreign

of mercan-

of

;

;

1878, after ruling at a

premium

since the early part

of

January, 1862.

Before the opening of the year 1878 influences had for

some time been

the bankrupt law took effect on the Ist of September,

many
work which were

parties

went into insolvency shortly prior

and

to that

date in order to avail themselves of the provisions of the

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.

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
proposed in the tariff and kept under discussion for months
were also the direct cause of the failure of some houses
and of serious losses to others.
The foreign trade movement of the United States presented an excess in the exports over imports which was
far beyond the anticipations of the most sanguine.
For
the ten 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

That element was merely the removal of uncertainty as

assisted the

at

calculated to restore

health to the shattered business interests of the country.

The

had been settled for another four
was restored throughout tlie land; the
yield of cereals, cotton, and other raw products had been
of so large a volume as to stimulate trade in many branches
presidential question

years and

quiet

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 102|.
In a

word,

the future of the currency.

The simple assurance

to

that the

laws then on the statute books should remain substantially
unchanged; that matters should be let alone, and the

made towards specie payments
should be permitted to go on uninterrupted, until gold
payments for legal tender notes should become an accomsteady progress already

plished fact on the date fixed

—

by law January, 1, 1879.
it was a misfortune that the
great deiideratum of the moment was withheld, and
Congress, instead, was engaged for months in the agitation

Under

these circumstances,

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 greenbacks,

and other matters of minor importance, but
unsettling character.

It

was not

until

summer

all

of an

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
month, and the law which stopped the
further withdrawal of government notes.
This reference
silver dollars per

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.

were sold

A great proportion of

to actual settlers,

and the

these lands

sales are

unques-

by the prevalent depression in mercantile 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, September, and the first half of October to an extent which
went far beyond anything in previous experiences of thai
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.
tionably stimulated

On the

second of October the astonishing intelligence w»a

.

,

.

that the City of

cabled from

London

failed with

liabilities

too

over-trading,

on

advances

large

Circulation.
$19,657,800

January.... $8-9." -^SW

Specie.
$22, 12*, 400

April...

841,590,900

38,767,61 !0

JnlT
October

2f;4,0i!),400

246,324,500

17,001,200
18,199,600

19.912.300
19,941,0C0
19,617,800

Jan. 1,1879..

235,824,400

20,614,100

19,576,700

Discour.ts.

This

approximating £10,000,000,

merchandise,

Legal
Tenders.

Net

Loans and

Glasgow bank had

great strength until
institution had been regarded as one of
as it was
surrounded
period,
short
comparatively
within a
personal liability of
a
which
safeguards
proverbial
the
by
course
stockholders has given to the Scotch banks; but a
of

[Vol. XXVIIl.

THE CHRONICLE.

6

Deposits.
$197,711,800
210,378,400

$85,300,500
29.426,400
47,818,000

I9!),8W,:O0
216,-32,000

45,6t0,Ti;0

40,797,100

203,309,700

THE MONBY MARKET,
The course of the money market after the
was one

first

week

Just at

of almost uninterrupted ease.

tlie

January
opening of

in

there was the usual sliarp turn in money owing to local
and drawing bills against the year
that time,
causes incident to the large disbursements made here at
insolvency.
advance
in money for a
an
was
nothing, finally brought the bank into a state of
there
April
of
first
the
ahotit
an
Following the Scotch bank failure came the suspension of day or two, hut with these exceptions the rate for money was
outlook continuously low until the first week in October. At that time a
several heavy mercantile firms, and the financial
cent by
exceedingly
slight flurry took place and rates were forced up to 7 per
was
October
of
20th
the
about
London
in
the market, but the speculative
from
gold
of
withdrawal
the
and
The Bank of England lost specie rapidly,
gloomy.

accommodation

to

directors,

1

manipulation was suddenly stopped by an order from the Secre-

advanced its discount rate on the 14th to 6 per cent., at tary of the Treasury directing the disbursement of gold for
which it remained until the 20th of November, when it called bonds, on presentation, instead of waiting till the calls
went to 5 per cent., and so stood until the end of the matured. In the last part of the year money was notably easy,
and such low rates in November and December had probably
year.
never been known in this market. It was the policy of the
improvedecided
a
showed
year
The last quarter of the
Government throughoat the year to keep money abundant and
ment in the tone prevalent in commercial and financial stimulate subscripliocs to the 4 per cent bonds, and the heavy
Mercantile failures decreased very much after balances left on deposit with banks probably had much to do
circles.
September 1 the yellow fever was checked by the middle
the exceedingly easy condition of the market.
with

;

movement of crops was very heavy
The following table will show the rate for call
paper in each week of the year
the elections early in November were accepted as a prac- prime commercial
element
inflation
tical defeat of the paper money and silver
Week ending
Prime
ending
of October

in

the Pall

;

embracing the

politics,

"

National-Greenback-Labor

"

Week

FridayJan.

4

" 11
and finally there was a confident assurance that
" 18...
of
January,
on
the
first
resumed
would
be
payments
gpecie
Feb. 1..
"
8..
1879, which resulted in a disappearance of the premium
" 15..
on gold on the 17th of December, 1878, when gold and
Ifch. 1..
"
8..
United States legal tender notes were quoted at par.
" 15..
" 22..
The following summary shows the condition of the New
" 29..
York Clearing-House banks, the premium on gold, rate of Aprils
" 12.,
foreign exchange, and prices of leading securities and
" 19.
" 86.
articles of merchandise, on or about the 1st of January in May 3.
" 10.
each year, from 1876 to 1879, inclusive
" 17.

party

;

.

:

SCKMAST ON OR ABOUT JANDABT

STATISTICAL

1,

1876

TO

"

\S^9.

1876.

1819.

1873.

1877.

2J5,824,4r0

839,17.3 900
22,12-3,400
19,li57,800

253,328,600

24.
31.,

"

June 7.
" 14.
"

21.

My
Loans and

Specie
Circulation
Net deposits
Legal tenders
Surp. recerve {over 45 i)%

81.M4,100
19,57«.70a
203,309,5 00

40,7b7,100
10,47S,575

C»U loans
Prime paper
Gold

4-7

197,711,8
35.300,5tX)

7,994,960

1(10

tMUd

49Xd.
4 8!-l

1VJ«
108W
lOIX

currency

S.

&

Mich

ai.oju.'ioo

20,2)3,MI'l

15,268,700
212.461,100
:M,975,100
14,909,525

18,^91.000
804,578,100

& Northwest, com.
Chic Mil. & SI. P. com.
Chic

West

N.J
Utr^andiM—
Cotton, Mid. Up.,

Wool. Am.

Am

XX

»

•3!),H24,90O

9,013,675

pig.

Pork. mee«,

y

^

bhl

The continued

5-6

5X-6V4
107K

6W-7X

n3«

56V,d
4E3iH-4 84

6574 li.
4 84ii-185

m%

119Ji
122>i
118

118i4

>13«

99H
114X

10S«

liOX

il%

8X

9«

6!)i
62

lOSJi

5
5

5
5
5
5
5

(i»

@7
®7
@ 6)i
©ex
® 6>i

'

61X

ma
74

fOX
87X

35«
36X

i&H.

51

7.3X

my,

83X

13X

37X

10ii>i

96-D3
41-18
7 10-7 90

12 85-12 50

180-183
55-58

59H
105

Kii
30«
35Ji

nx

12K
37-48
SO 50-21 00

138-144
68-62

I7av..

.

1

19...

*'

86
2
9
16
2)
30

Ang

(* 6>i
Mi 6
5
6

((
*'
(<

4X@6

Scpl
'*

4>6® 6
4M(a6)4

'<

36
4X@5>4
@l-32p.d. »>4@ 6
5 IS 6
@7
5 tae
@6
5 »6X
6 @6«
®5
4 @6>i
@6
4
i &i>i
SX@5
@4
3«@ 4^
SI 4
» 4M
©4
m
@3V4
^Yi^m
®3
3X@4
3 @
(a 3

(1

Oct.

1

8
15

88
" 29
Dec 8
(•

1

1
1
1

1

®4
®4
@4
@4
®4
4 ® 6
4
m@
4 @B
4 @5
4 ® 5
4 ® 6
3

©2X

3

S!/3

3
8
3

® s;*
@2V4
®
®3
@2Xt
@ 2X

1X,»3

1«@3

2

18

*'

"

1

4
4

25

*«

@8'/i

3

<(

• '

@2'<

1

4

U

"

1

1

6
13
20......
87.'. ..

"
"

Nov

...,

.

.

@s« "«© 4

4
4
4
3
3

CA 4
B

®
@7
®7
®6
@6
@
@4
®5

4J<@ 6
4>s® 6

Bi®
5

5
5

i>

2^4®

4)i@ 6
4>4@5)*
4
i
4

4

18

2^®
2^®

6
4

20
27

4

@

6

6

@S
®6
®6

5
I

® 6Ji
&f>%
® Sit
®6

4«@6

GOLD.

mium

40-48
23 00-24 oa
1 82- 1 27
6S-73
SO 65-21 00

BANK MOVBMBNTS.

taxation of the banks, both local and'national

•nd the decreasing

profits made in banking business, induced
of the larger institutions to reduce their capital, and the
tednctioDs in New York city alone amounted to about |5,000,000

maoy

In the year. At the opening of the year the New York City
Olearing-House Asiiociation had fifty-seven banks, with 67,935 000
of capital, and at the close fifty eight banks, with $02,707,900 of

the gold market and the preabove 102S, which was the opening price of

little interest in

at no time rose

The silver bill was so greatly modified before It
became a law that its final passage on February 3^, over the president's veto had but slight effect on the gold premium, as it was
the year.

plainly seen that the coinage of only

$3,000,000 silver dollara

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

120)4
80«,

11 S-16
83-47
18 00-1900

<t

Prime
Paper.

Call Loans.

5.

12

4^-8
iHlh

a5
®5
@7
©5

There was very

105
15Ji

55X
45K
sex
62X
S6X
W>i

16 59-18 00

CITY

6-7

107X
103X
101«

9 7-18
80-36

lb..

fill)...,

No.l,^ ton
Wheat No.«8t.irng,|) bn
Corn, West, mix,
bush.
Iron,

d.

105X

13X

IllluoiB Central

&

4

T).

5-6K
10S«
Md.
S2-4 eaa

69

So..

Michigan Central
Chic. Kk. Itl. & Pac.

Del. Lacic
Central of

83X

108J<

10-408 coupon
4M>. 1891, coupon..
4eor 1907, coupon ..
Sail o-idStoelaN.Y. Cent. <fe Hud..

Lake

7-X

4>i-5

Silver in London, ^oz..
Prime steri. bills GO days.
S'at'i I'ondt—
e-SO bo'ids, '6T, coap.

Brie

@7
@7
@6
@6
6
@6

Friday—

Paper.

Loans.

@«p.d.

:

864,062,500

Money. Oold, Exchange—

6e,

fill

4

tJiaccaDt:^,

loans and foj

;

at par.

FOnEIGN EXCHANQE.
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
a profit.
The demand fo.7 bills for ordinary mercantile remittances was far below the supply made by the heavy shipments of
produce, and except for the large amount taken by the importers
of United States bonds the market would have had no support to
maintain prices anywhere near their usual average. The amount
of

Government bonds and other

securities

brought home from

foreign countries during the

year cannot be precisely determined, but common estimates place it in the neighborhood of
$100,000,000, The return movement was heaviest in the early
mouths of the year, while the sliver bill was under discussion in
Congress.

UNITED STATES BONDS.
was some depression in the
goverments, owing to the discussion in Congress on

In the early part of the year there

market for
Chase National, with a capital of $300,000, having the silver bill, and the unfavorable tone exhibited In regard to
oommenoed businese 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- freely from abroad and were readily
absorbed here without
taenc«ment pf each quarter, and, at the close of the year, the creating any such decline In prices as might have
been anticipated.
capital, the

following;

the dates

summary
named
:

is

famished of

their statements nearest to

this time the sale of new 4 per cent bonds had virtually coased,
but shortly after the sliver law had passed In Its greatly modified

At

—
ANUART4,

18':

THE CHKONICLE.

O.J

shape, Ihf re w«8 a derided improvement, and In April Secrc t»ry
Blieriuaii male «n ntfreemont with* syudlcate of bankers for th e
talo of $r>0,(jOO,000 of 4^ per cent bonds for resumption purposes,
Bind this agreement was speedily carried out and iho bonds sold

and the proceeds turned into tbo Treasury. Secretary Sherman
then invited subHcrlptions to tho 4 per cent lonn directly with ths
Trcasuiy, and from the early part of July subscriptions wore
made very freely, enabling the Secretary to call In flvo-twenty
bonds to the amount of about $130,000,000, the last call, dated
the 16th of December, coTeringr the ln,st of the issue of 1805
bonds.

The range
class of

in prices for the year 1878, and the amount of tach
bonds nutetandinc Jan. 1, 1870. were as follows
-Amount Jan I. "T'J
Ranito durlns ISTs :

.

Lowest.
conp. \06ii F'eb.
roup. Iieii July
coup. M4^ Anj;.
coup I06\ Jan.
coup. lOSH Mch.
coup max Feb.

1881....,

Is,
te,
tm,
It,
Is,

S.**,

1,«65

B-aOs, I8AT

taos, is'.s
10 40
funded, 1431
<

B',

coup

t)i», 1S91

i-m

4a.
6»,

coup.

currency

-

.

.

reg.

101 J<
99!i(

BL-hret.

|

Coupon.

t2ii',niii,7,o

i8,3n^,'iW

7(',87ll.!IC0

Jiine 2;
Juiie;^8
II9J> .Inly JU
I0;;4 July SO
lO'.V Nov. 27

iir,iiS2,.'iS0

11.2,':m,4MI

ii

lO^Ji,
1 1

Mch.
Oct.

IITK April

Rcgisicred

I'OX Jun.!27
lOSK.Iune

IX

lOaK Jan.
182X May

fl

g'

la.aw.soi

$82.7^4.6

factory, and tbo combination was not renewed for 1870, owing to
the objections o( the Lehigh Valley operators, and prices of their
stocks fell off sharply In December. The busineia in railroad

year was largo beyond precedent,
on speculative account.
A general confidence in
railroad property had been growing ever since tbe turn towards
prosperity, which began with Auguit, 1877, and with the relatively high Interest paid pu railroad .bonds, the low^rate* of interest on governmi'nt. State and city bonds, ami tliu rapid calling in
of tho United States
per cents., the demand for railroad securities was greatly Etimalated, and prices advanced very rapidly,
closing the year at the highest figures madx for a long time.
The range in prices during 1878 and 1877 of the most active

bonds in the
and much of

25',

:f

H^S4,15.1

164.1^5,760
1,6,8S9.70
64 6.'SM3

62,8.JO,800

Torkcity 5 per cent gold loan of $6,900,000 at the price of 105.3?.
IIAILROAD AND MISCELLANEOUS SECURITIES.
In the market for railroad and miscellaneous stocks and bonds
the record of the year 1878 presents a striking contrast to that of

The second quarter of 1877, from April to
inclusive, witnessed the culmination of the long depres.-ion
in railroad securities which set in after the crisis of 1873. The
predecessor, 1877.

June

comparatively small crops of 1870 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,
as compared with the centennial year 1876,- made them show
a large decline in earnings. But with July, 1877, a recovery in
railroad securities set in, which was maintained with only temporary interruptiocs 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

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 ihe
whole market. In the latter part of the year, however, there
year,

Exchange

S'.ock

table below, as well aa tho date

puiut was reached in the year

is shown in the
the higbeet and l«weit

when

named.

first

Rause
Rtnee du Ing
Central of New Jersey
Lliie«f;o Burlington & Qtiincy

& St.

—

•

very sharply to the lowest prices of the year.

In

between the seaboard and the

pref

Lake Shore

,

Michi*:an Central

Morris

&

Ea?ex

New York

Ceiitml

&

Ohio

& Halson

River

Mississippi
Pacific .Mail
Piinaina...

6jki

l-2ii

,
'

American Express
Uri|i<2d Stales Kxpress
Weils, Fargo & Co

June

1

1

W

April

.lune

51

7<!<

It

:>

ii«

1.;

2iJi Nov, II
73
Mch. 23
104
Oct
109!if

69 V
o()

del

91

biX May

ii'ti

Jan.

9'Ji<

X

"X

'-i>i

2iJi Jan. 18, 127< 2iX
1:11
Feb. 2J 80
130

Ang.
Aug.

29

79

45

81
10

Sept.

U.'i

June

Nov.

81
13
i9;i

IX Feb

Feb.

June

37

7<
hifi
lO.i

*iX no«
Si
69X

SlJi Feb.

9X Nov

:

pref

Dec.

81)

It

48

Quicksilver

7.>

•M«

17

U

61^ July
l&a Feb.
Jan
93

Pacific

Western' Union Telegraph
Adamti Express

do

28 4I)i Nov. 11
87
July 11
nfi Dec. 31

12ji Dec.
112
Jan.

Wabatfh

Union

Fell.

7i;i Feb.
55Ji June 29
5-t!4 Jan.
3
67Ji Feb. 2103); Feb.

.

,

K

21

lUi nuls Central

15

flO

3t
45

—

Bailroail Construction in 187S. Thi Railroad Gazette gives
usual annual statement of railroad construction which supplies the following:

its

Mites.

To'al
Total
Total
Total

United
United
in United
In United
in
in

The

States,
States,
States,
States,

1873
18;?
18i6
1876

^iles.

1

2.6'j8

distribution of the

2.281

I

2,460

I

l,5bl

I

Total in Unitod States, 1674
ToLtl in United -itites, lh73
Total in United Slates, 1872

2,045
8.88S
7.340

new

construction amoni; the several
States and territories and groups thereof for each of the past
given
following
three years is
in the
tables
HILEAOE OF SEW BAILBOAD CONSTBnCTED IN EACH STATE ASD TKBBITOHY
rOB TilKEE YEABS.
:

1877.

1S76.

Alabamii

1877.

Missouri

2J

36

181 S.

!0»

Montana
49

California

844X

Colorado
Connecticut.

Dakota
Delaware

1876.

i8;-8.

!>»•

Alaska
Arizona
Arkansas

K5«
1«X

1

..

Nebr.-ska

N. nampshire.

New Jersey...
New Mexico..
New York
.

62

42

Idaho

Pennsylvania.

12f

58
12 Sf
2

m%
70

103
74

21

555M

15
5

20

nx

6

4ti

51

llOX

204

Uiesiseippi

...

34
10

3.38X
26

S&

13
SIJ*

3}
3

«»«

151«

129H

21

16
97
36

Texas
Utah
Virginia

I

Washington

W.
1

3(19

1195i
»Ji

17

48K

7ii
337

ma
20

21

X

1

I

43
275
90^4
9

Island,

Vermont

fl

...

69

9Jf
84

Caro ina..

8.

1

I

6',ji

Michigan
Minnesota
.

I

lti««

SSJi
2

so

.

Rhode
I

Tenneasee....

mx
8iX

188

.

N. Carolina...

Ohio
Or gon

13

Georgia

53

^evad*

U
15
6

...

.

30
1

7\X
193X

3>i

Florida

.

Both the prominent railroad companies of the Northwest the
Chicago & Northwestern and the C'bicago Milwaukee & St. Paul
paid dividends on both classes ol their stocks, and all the prin.
cipal grain carrying roads showed earnings far in excess of the
first six months of 1877.
In July and August it becam apparent
that there had been serious damage to the wheat crop in some o
the Northwestern States, and the stocks of the companies jus

mv

Joseph

do

for

,

I

Erie

Hannibal
do

187i».

Lowest.
ilighesr.
Low rihfh
13y, Jan.
2 43X July II
«
ilHJi Feb. 2S
July Ii 94
1I8«
27^ Sept, ii 54;< July 8| 11
4iH
64
Oct. 14l 81Ji July u 40J< 7iJi
»2>< AU". 10, S5» April 17| ir
43X
593i Feb. 9 7»;i July II 87X tax
98 H I.in. 15 2i
Dec. .3, 82 Ii 105H
M)i Dec. t) .')9'; July 10 2'X 'iH
Dec. 28 61 Ji July 10 aoji 77
41
t>\ 2JX Dec.
31
73i Jan.
4)i 15
10
Feb. 28 11.J4 Nov. l.J 1
15«

Chicago Milwaukee & at. Taul
do
do
Pi;ef.
Cbicaso A Northwestern.
do
do
pi'-f
Chicago Rock Island & Pacific
DelavMire & Hud-ou Canal
Delaware Lackawanna & Western.

was a general tone of strength throughjut the whole market, Illinois
Indiana
and the year closed with very strong prices. In the early months Indian Tcr ...
Iowa
of 1878 there was much dullness in stocks, and prices wore com- Kansas
Kentucky..
..
paratively low. During the second quarter there was much more
L u siaaa.....
animation, and prices made a considirable advance up to and Maine
.Maryland.
including the month of July, when high figures were reached. Ma^r-achusetta

fell off

New York

stocks sold at the

4,8.0

In regard to city debts, there were very few new bonds issued
except for the redemption of other bonds falling due, and the
best classes of city bonds ruled very high in the marker.
The
most notable transaction of the year was the Bubscription by
Messrs. Drexel, Morgan & Co. and their associates for the Now

named

it

30,*5,500

i'it.s-ti),8iin

2 8.175,500

close of the year.

^regard to the trunk line railroads

last quarter of the

21,85.5,8

STATE AND CITV 110ND3.
There was compara'ively little interest shown it State and
city bonds, as there were few new developments to affect the
markets. In Tennessee there was entire indifference as to any
adjustment of the S:ate debt, und the most lib ral propositions
from bondholders met with no encouragement. The Virginia
bondholders in London made a proposii ion in November for an
adjustm'-nt of the State debt by the issue of 3i and 4 per cent
gold bonds, but no definite conclusio;i has been reac'jed at the

its

K

..

71

ma
I6i^
10

118X

T

15V
5iK

Virgrnla..

iO>i

ux
15
WH

6i

83X

10

WUconsin...,

Wyoming

6

T..

Total

2,4iO

2,S81

2,088

RECAriTDL»TIO» BV BECTIOSS.

New England [a]
Middle Slates [6]
South Atlintir- Slates
Gulf SUtes [d]
South Interior [«]. ...
North Interior [f\..
Northwest [^J
Far West Interior [A]
Pacific States

[i]

1872.

1373.

1874.

198

282
541

129
387
Itl
138

.1.010

W

510
535

391
4ri4

-19

.1,819
.S,C81

452

1,H0

400
609

180
31!

it*
13i

132
111

.
.

.
.

1315.
114

437
82
34
3J
166

1578.

1877. 1878.

to
2)9

119
33i
9i
185

114

318
19T

393
550

aoj

154

lliO

815

70
341
6^8
1(8
S8S

41

338
111
167

63
218
1,235

8«
122

West, the Important movement of the year was in the election of
2,688
3,883
2,025
1.681
2,460 2.231
7,340
Total
Mr. William H. Vandurbilt as president of the Michigan Central
a New England includes Maine, New Hampshire, Vermont, Massachuaetta,
Railroad, which, with his control of the Lake Shore and Canada Rhode I^lar d and Connecticut.
he Uiddlt SlnUs includo New York, New Jersey, Pennaylvania, DelaSouthern, placed under hid management every line from Chicago ware. MaryUnd, and the Dl^trict of Cnlnmbla.
e The.vr,«(Ay«tfoi««;Sto<ir«>include Virginia, North Carolina, South Caroeastward, north of the Peunaylvonia railroads leased lines, and lina and Gutir^'la.
d The Oul/ Slnles Include Florida, Alabamk, Mlaelsslppi. Louisiana and
leeving the Canada roads wuhout Western conneclions.
An im- Tens.
„
portant conference of railroad officials was held at Saratoga in
< In the Soiilh murtorate Included Indian Territory, Arkaoaaa, Tecnessee,
Kentucky and West Virg nia.
August, at which Mr. Vanderbilt's peace policy was proclaimed.
f he JVorlh Interior incluiics Ohio, Michigan and Indians.
g The N,,tUittKiii ii.cudis Illluole, Wisconsin, Minnesota, Iowa, Mhsosri,
The combination among the Anthracite coal mining and carryI'akota.
I>

'\

.

I

ing corporations was maintained through the year, and served to
keep up the prices of their stocks, but coal business was unsatis-

Kuncas, Neb ar-kaand
A 1 he Far West Interior covera the district between Tezu and the Northwest and the Pacijic Mat.'S,
i The Poddc Statu are Callfomit, Oregon and WaaUDgton TenltoiT.

K

.

1

THE CHRONICLE.
AT NEW YORK FOR EVERY DAY IN

8
PRICES OF GOLD

[Compiled from

Dajof
Febrnary.

month. Jannary.
UoUdaT.
1 ..

lOlX-lM

.

9.. .. loax-ioSji
J... . IWX-IWX

10.«-1(B

4

IWX-lOiX

8

1U»X-1>B«

101
102

-1(K«
-lO.'X

101«-1(H«
108
10»

icrsji-ioax

10S«-lCtt«

101
1(W

s.

IW

101«-108S'
101J4-1(B«
1(W -lOSX

lOlX-lOlV
101X-101«
lOlX-lOlX
lOlX-IOlX

84
tS

101H-101«
101«-101X
lOIX-lOIX
101X-101M

101 -101
100?i-101

100>i-lOOJi

iu)^-ioo«

100X-10f>4

8.

lflJ*-101X

IOO«-100J<

lOOX-lCOX
ItOK-lCOX

101

lOOX-IO

%

lOOVi-lOOX

8.

100X-10C3£

100^4-100^,

lOOX-101

lOOK-lOOX

ioo>(-ioox

loox-ioox

ioox-;otiK
10C«-lCOi4

s.

10OJ4-lOl«

KB

iooK-;ooji
inoji-ioo;<

101X-101>i
8.

100Ji-l(C?i

10IX-10IJ4

lOlX-lOlW

100%-lOOJi
G'dFriday.
lOOJi-lOO^

lOOX-lOOX
ICOX-IOOK

KIH-K'IX

1015i-101V
lOlH-IOlJf

-102X

-101 )i
-10154

101
101

101
101

K

lO^X-lOOK
10OV4-10fl«

S.

8.

101J<-1<«S'

101X-101)f

lOOX-lDOX
loox-iooH
ICOX-iOOX
10€K-10C«

Holiday.
-102>f

M
M

8.

101^-102
lOIX-lOlJi

101
101

10IX-10t«

101X-101«

89
30
SI

)Oi;»'-ioi)<

101)f-I01«
lOlJi-lOlK
lOlij-lOlX

101.'i-102X

S.

101X-101J<

«r

lOI^lOJV

Month. 101X-102;<

101X-102«

-lOlX
-101

8.

ICOJi-lOOJi

lOOi-lCOJi
lo-.x-ioox
lOOJf-lOOK

iroji loojf

10oX-10f%
lOO^-i-lOlJi

October.
loox-ioiiK
ICO^-lOOJi

September,

Joly.

Angnst.

lC0X-I005i

lOOH-lOOW

s.

lOOji-lOOli

loo;<-ioox

100)i-100«

s.

8.

loox-ioox

lOOJi-lOOX
lCOX-!00>f
10ux-100>i

lOOH-lOOH

100^-100 ?i
100'/,-100X

s.

lC05i-K0K

100Ji-100J<

10(i;^-100Ji

Novemher.

Dccembeij

I0(ix-100K
loo^-iuoii

ioox-ioo«l

100)i-100«
100>,-1COX
100H-100"4
loox-ioiix

10(l)i-10CX
10U>i-100>i

100>i-10C?i

lC0}i-I00)4

lOOi^-lOTH
]co>i-;oox

iOPJi-lOOJi

s.

ICl'Jtf-lOOX

100K-lOO>i

ICOX-lOCJf

lOOH-lOOJf
100^-100>4

100J<-100)i

8.

ICOJi-lOC'Ji

lC0>4-10fK

lOOX-lOOK

lOOX-UOJi

-loix

100,)<-100>f

lOCX-ltOK

100>f-101iii

lCOX-101^100>i-100X

lOOH-lOOX

s.

loox-iocji

loox-i'ox

lOOJJ-101
101 -lOlM
101 -lOljJ

lOOS-lOOX

ioo>i-ico>i
s.

Holiday.

s.

101

lCOX-102

1878.

Stock Exchange.]

105X ICOX
lOOH-lOOX

100 Ji -100»i

lOOJt-101
100;<-101

s.

THE YEAR

lOCJi-lOOJi

locx-ioox

[Compiled from the quotations of leading bankers
January.
of

Febrnary.
to

8

iiO

3

March.

3

10....
11....
12....
13....
14....
15....
16....
17....
18....

19

...

4.SJ

4.8)

S.

4.81X4.84V4 4.82X 4 84X 4.85- 4.87
4.elJi4&»J< 4.82)4 4.84X 4.85 4 87
8.
4.82 S4 4.84
4.8,5X 4.87X
4.81X4 84X 4.K2S4 4.8(X 4 86 4.88
4.^8 .
4.81i4 4 81X 4.82!4 4.84^ 4.86
4.82)4 4.84^ 4.86
4.88
4.81H4.81
8.
S.
4.81X4.84
4.89
4.82
4.84)i 4 82X 4.84X 4 37
4.82
4.84X 4.c2i4 4.8IH 487 4.69
S.
4.82X 4.84X 4.87X4.89X
4.85
4.874 4.89X
4.82
4.81i4
Holiday. 4 8714 4.89X
4.82
4.'vlX
4.82
4.87X 4.89X
4.81X 4.b3 4.85

SO....
21....
22....
83....
84.... 4.f2
85.... 4.83
28.... 4.83

4M

4.84i4

4.81«

S.
4.85
4.83

4.i>5X 4.83X 4.85X
8.
4.84
4.86
Si.... 4.8S 4.8.SX 4.84
4.t6
4.85)4
89.... 4.8!

87

...

SO . 4 83
31.... 4.83

High.
lA>w.

4.A.'>)(

4.85

4.83
4.86
4.8114 4.81

4 84
4.82

4.86
4.34

8.
4.8:V4 4.89X
4.8714 4.89 S<
4.8714 4.89X
4.88i< 4.90X
4 8814 4.9014
4.8814 4.9014
S,

60
days.
4.87

4.f6
4 8814
4.8«14 4.
4.88X
4.87
Hol'day.
4.67
4.83
4.65
4.87
4.85
4.83

S.

4X

4.

4.85
4.85
4.8)

conp.

/—5-IOs. conp.'65, n.

Opening
Hlghetf
l,owe"t.

Closing

Febraary—
Opening

1J67.

181

4.66X 4.84
4.8(JX 4.84
8.
4.8314
4.6314 4.87
4.82X
4.8!X 4.t714 4.82X

4.63
i.83

4.8814
4.8814
4.P8
4.87
4.87
4.87

S.
4.83X 4-67X 4.82X
4.'* 114 4-8714
4.87
S.
4.87
4.83X 4 87X 4.82X 4.87
4.8:
4.84
4.88
4.83
4.86X
S.
482 4.6614
4.&1X 4.8714
4.S4X4 87X 4.f4X 4.83S4 4.82 4.86X
4.S214 4.87
4.64X 4 87>4 4.83 4.89
4.65
4.81X 4.t2X 4.87
4.a5X 4.87X 4.84
4,87
4.85
4.8914
'
S.
S.
4.8 14 4 f214 4.87
4.S3V4 4.86X 4.85
4,8514 4.87X 4.83X 4.86X 4.85
4.69X 4.82X 4.87
S.
4.85X 4 87X 4.83X 4.S6X
.
.. 4.87
4.82X
4.8)X 4.87X 4.83i4 4.86X
85
4.89!4 4.82X 4.87
4.85X 4.87X 4.8314 4.8614 4.85
4.89X 4.82X 4.87
""
"
S.
4.8-)X 4,87X
4.8214
4.87.
4.8<X 4.89
4.f6
4.8514 4.8714 4.83
4 6t)i.4 83
S.
4
8.
4.83
4.86
4.6214 4.87
4.^3X 4.t8
4.8514 4.87X 4.S3
4.»'8
4.82
4 86X
4.83X 4.88
4.86
4 83
4.83
4.86
4.83
4.86X
4.86
4
4.83
4.t6
4.82
4.8614
4.83X 4.88
4.86
4.88X 4.83 4.'.6
4.81
4.86
4.83X 4.68
4.86
4.88X
4 84
4.86

S.
4.8->X 4.87X
4.85)4 4 81X
4 85X4.6714
4.f5X 4.87)4
4.S514 4.87X

'

H

4.8bH

4.86

8

4.89X 4.8S

4.83X 4.88

4.84
4.84

'

4

4.^X4.6114

4.83
14.83
4.8J,

4.(!6

I

»

4.88X 4.86

64X

10-40S, Ss,'81,4X','91, 4s,

coup.

coup.

)06X
10«\

4 86>i 4.63

coup. conp.

4.86
4.86

^

4.84
4.84
4.84

lOSH

108X

lor.f

irax
102X

106

ll'9X

10JJ4

105X
106X

106X
J08X

108X
107X
108X

101

106X

108X 108XX104X lOSX loax 118X

10-');i

103X lOlX
IDIX 102X
I03X lOlX

106X

103)4

103

118X
I19X
IISX
119X

l(i5X
105iK

\ia% lOtiX
108X 106
)03« lOiX

IMX

Bigheat

lO^K
107X

Lowest... .i

106;(

Clodag

1U7X

10814
114)4

ApillOpenlng
Highest

Lowest
Uoaiog
I

H«

US

10814

I04X

106X

ll'3

8.

4.83X
4.-8),'

\

4.81X 4,86

4.8814

Hlgbaw
Lowest
CkMing
'

Lowest
Closing

conp.
Op€ning.>..

Highest

Lowest
Closing

'"J

"1

-100
-100 I
Holiday. 1
10 -lOO
100 -iCO
100 -100 J
SI '^
100 -100 ,
100 -ice 4

W K-li'OX

;

100

100>i-10C>f

-100i4

1878.

4.83
4.83 * 4.86>J|
4.F2
S.
4.86x1
4,85X 4.82 4.8714 4.82 4.8314
Uolidav.
4.82
4.6514
4.S8>i>
4.' IX 4.HfiX 4,8214 4.87 'f
S.
4.81
4.85X 4.60X 4.85X 4.8ax 4.87>,
4.e014 4.85
4.81
4.86
S.
4.80X4 85 4.81 4.86 4.83 -4.67^
4.80
4 8414
S.
4e3 4.87X
4.61
4.81
4.81
4.81

4.85X

4,62!/.

4.8."jX

481X4.86X4

83
4.87X
4 80X 4.63X '4.88 ?
4.R1X 4.HiiX 4.33X 4.83 "

4.79X4.84
4.r9X 4.M

'

4.81 14

S.

4.83
4.8'IX 4.8314 4.89'
4.78X 4 84
4.79
S.
4.81X 4.83 4.'6X
4.79X 4.85X 4 83 4.86X 4. '^314 4.88
S.
4.83X 4.88X
4.79X 4,85X
4.8l)
4.80
4.82
4.85X 4.83X 4.88X
4,80
4 86
4 82
4>8X 4.8314 4.S8X
4.62
S.
4.86X 4.83X 4.88X
4.80X 4.8614 4 82 4.8i!X 4.83X 4.89>
•

4.87
4 8214 487
4.68
4.82X 4 87
4.68
S.
4.8814 4.8214 4.8T
4.82X 4.88X 4.62 4.86X
S.
4.f2
4.86X
4.8514 4.3314
HoUday.
4.8214 488X4.^2
4.86X
4.83X 4-8814 4.8J 4.8614
4.81
4.82
4.8J
4.8214

4.82X4-83

5-20S,

.

'65, n.

conp:

1667.

S.

Jl

4.R3X 4.89
4.83X4.89
Holiday.
4.63
4.83
4.83

4.8814
4.88JS
4.8814
8.
4.82
4.8714
4.83
4.8714

1878.

10.40s, Bs,'81, 4X«.'91, 4«,

,

conp. coup.

1868.

coup. conp.

68.1
cur.;

.

.

109
xl07Xxl02Xxl05x'xl08'
10714 IC4X xionx
107X 102)4 106X )08V 109X lOTX 1 4J4 lOOS
107
102X 105X 107X lO^X 10(X 104X lOOX
...:
lOrx 102)4 1C5X_108X .109X >07»f 1C4X 10014

...

108)4

Hex

tOSV
107X

108)4
109

X103X
105X

IWx
107X
107X
lOiK

104X

1I15X

108X

HOX

109

105X

Opening

102X
lOIX

11914
11814

Highest

102

119.^J

Closing

xIOIX

IPIX

Opening

lOlX

103

103

lOlX

10:j<
lOOJi

119
119
1)S

104X

103

101^

U8

lOSX

"l20!!<

liOJ4
1«>

130X

Lowest

107X
103X
107X
108X

105

109XX106X 104X^100)4

120X

lO^X
108X
108X

IWA

102X

105X

102.X

101)4

108
108
103

102X

103X

103.

103)4

105X
105X
105X
105X

107XX106X 106V xlPSX lOOX

)02X
lOJX
102X
103

105X

103X
lOix

in«14

10214

106J4
106
.

106X

105

100',4

104V
104«

100)4
100J4

130)4

188X

September-

IWX

103

Hlehest

J;?"?"
Closing

108X
108X

lOSX
103S

106
106)4

lOlX x9974

HHX

lOi'X

130«

105U

I02X

99X

lOfiU

104

100

119*<
120«<

101
105)4
104

iro

121X

lOOX

123

105

100

13IX

IWX

10«X

V»K

lOOH

123

107)4

106XX104U

in8X
lorx
lOSX

106X
IOBX
106X

106X

107X
107X

106

106X

J07«4
108
lOTJf
108

106X
lOBX
106X
lOBX

'osx 1C3X mex i08>4
iDflx 108X 106)4 109X
103X 105X 108X
I03X 106X 109X

107X
106X

107X

llfl«

106X
105M
105X

108

107)4

103)4

100J4
K1014
100?4

119X
119X
119«

October—

I04X 10»X
104X lonx

1C9X
1I0X

104
101

109X

)

110

106

r7
U/

105X
5)6

6X

liMX

103X

105)4

Kex

I'MX
105X

loax

1«X

lOOX
lOOX
lOOX
100^

1I7«
119X
117X
119X

OpCTilng
H'8'>''"

J*W'et
Closing

107X
'•««
J07X
lOSX

10234

103X
106X

104

HoT«tttber—

107X
108X
lorx

103?4
1114X

106^
IW)4

liSV

1«,!4

1C9X
lOMV
109X

10814

I04J4

107X

liS)i«

105XB104X

lO-IX

IHOV 119X

Op*?'"?

10rr»4

104X
103X
ia«X

lOljJ

flighett

viiii

1"5X 114)4
1C7X lV.y,

lOOX
101«

122
110
123

Jane—

Hlgheet

'

si

Stock Exchange.]
e», '81,

103X
102X
lOSX

May-

Opening

-lOOj'
-IGO
-100
-100,

August106X
10«X

XarchOpenlng

New York

«.,

I

Highett
IiOOTMt
ITkMlng

-lOOX

100

4.8814 4.F5
4.8314 4 89 ,
4.89X 4.84 4.88,V 4.82if 4.88X 4.8214 4 83
4.88
4.88X4.86
4.61X4.86 >78Xi:84. 4;8!iXJl.85X 4.82 _4.86Jtf

cur.

102)4

10-iX
105?i

8.
<(
i''n>,'-ioov

IIo iday.
100>i-1l03<
ii.o)i-ioox

ICOX-IOIK

July—
106)4
1I-7X

lOOJi-lOCJi

]

4.8)X 4.87X
4.80X 4.87X 4.84

[Compiled from sales made at the
»«, '81,

100>i-10CX

lOOK-lOOJf

COURSE OF PRICES OF GOVERNMENT SECURITIES FOR THE YEAR

tmaxrj—

'

lOOS'-lOOJi

lOOJi-lO.X
100X-100>i

^

8,

June.

4.t6X 4.89

4.37

100>i-100J4

lOOX-lOOJ^l
10('«-100X
lOf'X-lOOX

3
60
days. days.

4.8814 4.89
4.86X 4.69
S.
4.86)4 4.89
4.86X 4.89
4.S614 4.89
4 8nX 4.89
4.87
4.8914 4.8614 4 89
4.87
4.8')X 4.8J>4 4.89
4.87
S.
4.89X
4.87
4.89X 4.86X 4.89
8.
4.86
4 8-;X
4.86X 4.89
4.85X 4.'i8
4.8Tr 1.89
4 8.5X 4.88
4.86
4 83X
4.86X 4.89
4.^4 88X
'I.89X 4.66
O'd Friday.
S.
4.87
4.S9X 4.85 4.83X
4.83
S.
4.e814
4.87
4.8914 4.8514 4.88
4.87
4.8 IX •<.85X 4.88
4.8!
4.89 S< 4.85X 4.(-8
4.87
4.8!IX 4.8514 4.88
4.87
S.
4.89X
4.87 g4.89X 4.81),' 4.87
4 8314 4 86
4.87
489X 4..S314 4.86
4.87
Holiday.
4.89X
4.e4
486

4 8314 4.90X 4.8714 4.90
4.8IX 4.8tiX 4.8tiX 4.69

lOOi-KlK'
ICOX-KOJf

September.
July.
August.
October.
Koyember. December.
3'
3
10
3
60
3
60
3
60
3
60
3
60
days. days. dajd. days. days. days. days. days, days, day?, d^iys. days, daya^
4.86
4.8i)
S.
4.81
88
4-8oX
4.S»X
4
S.
4.82X
4.89X 4.8»X
4.85X 4.62X

May.

April.

60

3

60

Month.day8. days. days. days. days. days. days, days
Hoi day.
4.82!< 4.84X 4.84X 4 8BX 4.87X4.90
1...
g .- 4.8!X4.i!6
4.S8X 4.84X 4.Hy, 4.86X 4.87 48914
8.
4.87
S.
8 ... 4.^2 4H5«
4.S9H
4.... 4.83
4.85X 4.82X 4.94X 4.84-4 4 86H 4.87 4.S914
6.... 4.82
4.85^ 4.^2!4 4.84X 4.8414 4.8614 4.87 4.89X
4.82« 4.1-4^ 4.^4)« 4.86X 4.87 4.89X
7.'.'.'.
4.82
4.8))< 4.83X 4.84X 4.84X 4.86X
S.
8.... 4.b2
4.S5X 4.-2i4 4.8l!4 4.8I14 4.861/, 4.87 489X
1.8 iX 4.62X4.81X 4.81X *Mii 4.S6X 4.89
9.... 4.82

10o!4-100J<

100X-100)<

s.

QUOTATIONS OF STERLING EXCHANGE FOR EVERY DAY IN THE YEAR
Day

XXtill.

s.
ioox-io-« 10O«-1005i loox-ioox lOOX-lOOX iro.'i-lOCW
lOOX-lOOX lOOJi-lOOX lOOV-lOOJf
Holiday.
8.
lOOX-lOOX
Holiday.
10.K-100K loox-iooH lOOK-lOOW 100Ji-lCO>i lCO>i-100V4
s.
lOiijt -loox:
10C74-I01
100H-100J4 loux-ioox iLOH-ioo?;
3.
loox-ioox 100>i-100Ji lOOJi-lOOX lOOK-ltOX
ini -101
s.
lOO'i-lOOX 1(0>4-I00X
lOOX-lOOH 10 x-ioox
lOOX-ldl
8.
loox-ioox 100*4-11 0i4 iroX-lOOJf i'»y,-iot%, ioox-ioo>i
s.
lOOJi-lOOW ioc'/5-icox lOOX lOOX lOOJi-101
lOOJi-lCl
10!i>4-100X lOOJi-lOlK lonx-iooK
8.
100^,-1C0^
10OJ4-1O1
iDOX-irox lOCk'-lOOJi 101 -i01J4 looK-ioeiK
101 -101
8.
lOOii-lOOK
lOOJi 101
100>4-100>i icox-ioox 100)»-100>i
lOOJi-lOOX lOOK-lOOX 100?i-101« lOoX-iaX
s.
IOOX-100J4
100«-100«
ino>i;-ioiix
s.
iooy,-ioo>i
iccx-ioo;< JOOJi-lOOX
loox-iooji 100J4-100K lOO'i-lOOX 100)i-10fl« lOOX-lOPX
s.
8.
ioox-ioc« loos-ioox loox-ioo^ 100%-100?i 100X-100?i
s.
loo^-icox lC0><-l(O?i
10C>i-100>i lOOH'-lOOK
lOO^-lOOX 100^-10(1 5i lOfiJi-lOOJi loox-ioox iooK-100^ lUOii-lOCX
8.
ioox-ico«
loox-iocx 100^-100>i lOOJi-lOOX loox-ioox
100«-10(i>i 10O?i-10O>f 100!4-10P« l(IO)i-100K
8.
lOOX-lCOM

ICOX-lOOJi

8.

-)01>J
-10:

loix-ioix

1I)1J(-102

8.

100^-IOOK

8.

ICOX-IfOJi
lOOX-lOliX

102

101Ji-101>tf

-101.^

-1024f
]02!4-10a)i
102)»-102Ji

lOOJi-lOl

s.

-K»

X

New York

June.

8.
-101

lOlX-102

8.

May.
lOOX-lOOJi
100X-100>i
lOdJi-lOOX

loix-ioix
lOlX-lOlX

8.

101«-1(B
101i4-101«

S3

-1C8X

joix-ioa

vm-wiii

tt

-lOSH'

April.

loix-ioijf

lOlX-lOlX

8.

?;."; io2K-io?!.'
lOiH "«^i
8
i(i«x-ioa»i
«
ioax-ii2«
JO
11
12
IS
14
15
1«
17
18
1»
10
21

MaTch.
IDlX-lie

e»Iei at the

all

[Vol,

liov
I08X
iiox

m%
105X
m%
lOi).'

Jj""?"
Clo"'«

J08X
lOiX

10614x105

106X

_,

Deccnibcr—
lorsf

110

loss

11 !i

107X

110

108)4

llIX

lo^x xiosx
I04X
107X 10.5,«< 103X
10»X 107
104X

10TV4
109)4

m

ioi!<xiib

lOlX
lOIX

19

lOlil

liox

120'<

}^?«""?
n'Pl"=et

f;pwf»»

•-'oflng

JJ'X
loex
;09X
109X

103)4

103X
108)4
ItiSX

J06X in9X
lOex 109X
105X 108
105X 108

1045
lot

lOCrX xll9

iOOX
lOOX

lOlX lOOX

""

180K
119

1J9K

JAKwiiiT

H

«

. ..

V

.

THE CHRONKJLK

4, 1878.]

COURSE OF PRICES OF STATE SECURITIES DURING THE YEAR
[Comprort from pH^fA fiH
Jahitabt. rkBlCABT

DBSCRIPTION.
Alabam* Sd,

61 - 40
88 - 40
89 - 40
Slip- 40

188S

86,18M
8»,1889

M. JbE. RR...
AI«.,fcChalRR
IS'*

40
40
40
40
'5'

funded.

&

*K.

Connectlcal ()»
Georglata
7«, new.
76, endorsed

-

-

101

-

20
to
23

•
•

4.3V

43W

48-43
5
SO
10
18

S

4
4
4
4
lOS

108

108

ins

•
-

-

5

5

-»0
-20
-SO

20
30
80

-

4

4

-

5
4
4

4
4

-

4

4

108

108
ICO
103

'

•
•

lOIX 9CX^ 99X 99X- 100
108)4
1(4X- 105X 10s - 106X 107
-

106)4 104«- 107)4
106 • 107)4
100 • 101
101
100 • 101
101
101
00 • 101

-

104V 104

lox- 10»\ 105X- 106

gold

Kentucky 6»
LoaUtana 6>i
new bondd
6a, new flout debt..
7a, penitentiary...

S8,l»vee bonds
8s, levee bonds
8s, levee boods, '76.
89 of 1910
78, consolidated...
7;", small
Michii:an6s,187tf

55'

-

ss
55
S5
55

-

56"

-

'

-

•

-

•

M

-

55

-

SOJi-

56
56
S6
86
58
S6

-

100

-

105

-

100
100
S6
53
B«
66
56

-

56
56
56
56
56

-

-

56
56

56

-

56

six- six

81

79
00

101
111

100

81
100
102
112
100

-

81

65
55
SS
55
55
55
55

67

57
57
57
57

•

57
57

•

•83)4
81

i-i'

76

100 • 101
104 - 105
- 111
110
113
- 100
dne 1S7S 100 - 100
100
101)4
103
102 - 102V4 103
69. 18Sa or 1833
102X- 104
101 - lOlX 104X- 106
6b, 1836.
104)4 105
01 - 101 )» 101)4- 103X 104X^ 105
6«. 1887
11)4 X6s, 188a
104X- 105X lOIJJ- lO'.X
or
1390
104141859
105
05 - 106
1(B - 106
6a,
Asy, or Uni., '93.. 105)i- lufiX OS - 105)4 105 • 105),fiidg,dne '94 -'95 .. 107 - 107)4 107 - 108V4 108 - 103H
Han.* St. .To-., '86. 103><- 104 103 - 104 103 - 104)4
Han. ASt. J09 ,'8.' 103.x- 104 103X- 104 103 York 6<. gld.reg.
69, gold, coup, '87..
6a, gold, coup, '91
1I5« 116
116 -118
115X^ 116
8s, gold, coup, '«!.
US -117
115V- 116
115K- 116
116 - Ul
69. gold, coup, '93
115V^ 116
115X- 116
old,
15 - 15^
Caro.
69,
J&J.
15
17)4
N.
16J4
6s,old,
15 15 - 16
ua6s, l!-83.
7e, ISM
Uissouri 6s,

-

100

103
- 113

-

ma

•

New

.

nx

•

A&O

N. C. RR., J&J 70
N. C. RK., A&O 70
coop. oS. J,tJ.. 60
coab.

A&O.

off,

do
do
Ohlo68,
6s,

Rhode

-

9)4
8Ji

9

•

-

•

2
2
2

lOiJi- •104
105 - •106
-106
105

104

2
2

-

41
•

A&0

•
-

41
41

,

I

38X

series

Tirgin'a6s, old

16s, new,
63,
6s,

69,
6s,
6s,

1866

new, ISOr
coneol. bonds.
ex-matured coup
consol. 8d series
.

106
105

40
30
30
30
40
40
30

<

3)
30

30
67 - 67
6454- •57)f
40 - 40
-

76
75X- 76X

-

-

1^:- 8X
8

8)f--

8X

3
2
101
103
108

41

30
35
41
41
35

40
30
SO
30
40
40
80

2

1

•

V

•30

•

36X- 39
>

•

•
•

-

•

4

-

»>.'

2)4

37

87
31
31
31
67
66
41

9

8)4

--

2).-

105
118
-41
•30

-

30

-

-30
--43
--42
-

-•
-

SO
2

-

•3S

-

89
3J

-•38
-

•70

68
-37

56Jf-

35

109

lOJ

loov 100
lOOV lOOV^
108)i 108X 109V 109X^

101
101
101

•

loix
lOiM

-

101

66
66
56
56
56
66
66
10

-

•

-

-

-

74X- 76X
73

-

75

101

•

103
104

fiiich

Fttday

5

-

6
5

•

-103

lfl8

•

lOSH

-

•

<

50
so
50
50
60
50
50

56
66
56
SS
58
56
56
10
78
77

<

-

•

4i4-•

2J

-

SO
30
4
4
4
4
4

--

3
3
3

---

43

43
43
8

-•108

101)4 108V-•10-JV
109)4 10614-•107
106

100
100
100

53
53
S3
52
53
68

-

-

•

S3

IfllX 102
103
104X 104
•113
108
110

•<8i4 43
• 43)4
48
-4iV4 43
43v 43
-

-

30
10
20
8
3

3
3
3
107

91
n?

-•108

107

104

-•lOiiX

irio

50
50
50
60
60
60
60

•lOOX 101
-52
SO
52
60
50
58
60
53
80
80
68
68
80

74'

-

103

-

62

-

9V
8X

•

8X-

8X

40
80
30
30
40
40
30

2
39
36

<

-

9

-

71
51
61
9

-

2
2
2

-

•msji 104
108)4 108

-

234
854

•

116

113

42
30
30
SO

43
30
30
30
40
40
30
2
39

•
•
•

a

•

43
30
2

•

•

39V
•

36!4

36
87
31
34
73

27
27
•n
70 68 )4- 60X
30 - 32

-

-

8H

•

8X

69
75
•lOOV 100

-

-

-

106
109

30
48
43
30

-

i%

-

3!IX

S5H- 36
35X- 8.3X
23
83
25

-

27
27
27
70X- 75
59 - 62
29 - 32H
4 - 4V

4)4

74X-76)4

-

60

3

3

-

44
30
30
30
40
40
30
2
36
85
35
20
20
20

44
31
30

50

8X

-

-

108

106

-

lOOV

-lOOX lUl loix
108X-109V "O^H •no
107X-109
,or -108V !07 -ir.7V 08V- 109X

-

-

-

--

5(1

-

70

-70

-

-50V
-

9X

8V-

-

8
8
8

-

5'IX

4X

4

-

4X
4X

60
80

-

SOX

-

51

-

SO
60
60

-

8X

-

2

2

2

-

2

-

2

-

8

74,V

101)4- 103

101

104

-

111 - 111
103 - 101
101)4- 108

-

8V

103 • 101
104 - 106
108)4- 103W
108 V- 10:)),113 - 113
113 - 113

75
75
54
58V58X- 84
71
71

-

8)4

36

83
80
30
80
70
55
85
4
80

33

-724
25

4X
-84

-

IX-

33X 33V-

-•

23
80
20

--

78
57
-2S«
-

-

83X

88V

IX

31 - 35
33 V- 33X

-

83X-

•

40
40
32

20
20
30
70
63
28
4
79

33)i

- 31
- 21
- 31

- 72)4
- 55
- 23X
- 5
-

81X

83)4

JAITOABT FEBRnART

aWF BONDS.

Hgh.Low. High. Low.

&

E., Ist.

guar

12
....

Boat.&N.Y AirL.Ht,
Bnr. C. R.

&

N.. 1st..

M'polls&St.

- 12
- ....
_

63X-58

- ...
_

Can.south., Itt, guar.
l9t,skg,M.,co,1906

_

_

-

59V 67 -

Chesapeake & O.,
Chicago & Alton,

.

..
.

Ist.

lat.

Income

65

....

6154-59
SIX- tox

61-60
35-34

Joliet

&

....

66

105
Chir., 1st

..
.

12)4
- 13

_
- 64
- ..

l;)4-

_
-105
_
.

90-90

New York

SO
50

101
103
104

-

-

-

S3
51
58
52
S3
62

53

111

-113

118

111

-

74
64

110

106

•
•

•38

IX33

41
41

34
31V- 32
31 !4- 32
24 - 25
25 - 35
25 - 25
72 - 73
-

MV

54V29

31X

-

SV-

6

<

103V-101X

-•105

-114
-115
-124
-121

110

-•113

113
120

-

121

-

-U5

123

113
113
121

121
181

80

- PI

- 51

60

9

--109

!('5

-74
-74
-

--106

105

-

2-29

17,,

80-81
- 61

60-61
9

-

K)4

9V
9X
8V- 9V
9
9

-105

-

•113
•182
•183
••185

-

18V-- 19X
18
84
64

-19X

-

--

10'4^-

n

:i^

40-44
25-28

23-30
30-40

IX- IX

-83X

33

5-10
6-10
5-10

10-20

6-10

IX- IX
30

- .31X

'X- 2
S1V- 36
•

31X- 31V 25X- 88V 29X- 30
29X- 31X 25 -28
29.V-

20-24
•38
- 25
22-23

28-25
23 - 2".
28-25

- 72V 70

70
52
30

-MV

58

-73
-56X

-30V 39-35

«X-

6

6X-

7),

83
26
36
72
55
31

27X
29

-

-•
-•

-•
-

28
74

55X

-

7X-

79V 76X- 77V 77-77), 7iV77)4- 77X 77)4- 771l
79-79
77 -77 1

78

a

65
64 --65
64 - 65
lOX--llX
lOV^
lOX^
•-

2 - 2),
2X^ V^
1)4- 1«
8 IX- 2
1
- IX
IX- IX 2. 104 -105
104 -105
102 --105
103 -110
110 -IIOX 107 •-111
107-03 107 -118 no •-112
iO - 85
25 - 25
10 -- 10
.... - ....
10 -- 10
10
10
30 -40
10 - SO
10 - 10
10 -- 10
30 -33
10 - 10

IX

•

-I05J4 lOi
-101
108

H

51-54
9

101
103

imy,-msi

39X

7X.

-

1878.

Stcck Fichange.]
JULT.

Jt!lC«.

12

B4V'-

113

103
.

-

AoonJT. Sept'mb'b October. NOTEMBEK Dbcbmbbb

k7)4- 67

72V- 72X
-

- 66X

73X-

88
-115
-107
-

110X-I03

La. & Mo.. 1st. guar
9J - 91
St. L. Jack.* C.lsi 105 -loix 108 -106
IW -106
Chic. B.&(1. 89, Ist. llix-lllv 113 -llOV II4V-118X
Consol. m., 7s
ionv-109
110 -lOiX lliiV-ll'9)4
90 V- 90)4 91X- 90X 91X- 91X
58, sInkinL' futid
Chic.R.l.P.,e.f.inc,6s. (IHV-iOiV
-I'd
10
6fl, 1917, coution
107
-10
103 -lorx
107V-107
6s, 1917, registered. 107 -106X 107X-107V 103 -107V
Keo. &D.M.It.t, Ss.
CentRR.of N.J.,let,n 111)4-1I2V 111 -110 inx-iiox
67 - 61X 68>4-65)4 68X- tvIV
Convprtlhle
68 - 61V
68V- SIX b7X- 63
Leh.&W.B. con. Bill 86 - SOV 39)4- 34Vl -IflVi

i

MV

....

....
....
....

-

27
....

- nii

7d

....

....
....
....

....

-

- 86)4

-

....

_

MX- 69k

- ...

-

....

-

77-76

_

61V 66X- 66X
"ex- 66H
64

.... -

70X-68X

73X-68

- 25X

29

.... - ..

- 18

102V-102)4

69X-68
...

_

13X IIV- iix

_

63-68

I'S

- 61

Mat.

-

_

b4V- 61V
66X- 64
67X24V-

114V llIX

Sinking fund

13

66X- 63X 70

-

Aprii..

sales at the

-S3
-53

-'109

-

High. Low. High. Low. High. Low. High Low. High. Low High. Low. High. Low. High.Low. High.Low. Hlgh.Low.

UV...

L..l8t.

with Int. ctfs
Ist, fkg fd., reg
Debenture ccrtfs

March.

all

K

62
S3

15X- 17V

8X-

1)4

44
28
S7
£0

35
2
-36
83!4-34

107 -109
118
10!)4-:03
103
•.03 V -103
Wi
103 -i03V 103
51 r 50
50
52 - S3
60
S3 - 53
50
53 - 12
58 - 52
50

- 16%
- 16)4

9

2

no

-

16
16
74

-114
-113
-182
-182
-122

8)4-

44
37
37
27
40
40
31

-

-105
-106

9

•

103

--

101

106

103 -103V
101)4-10 IX

8
8
2
IX-

44
30
30
30
42
48

40
40

3

102 -10-8X
-101
-10314 1(13 -103)j ioix-loix
-105)4 104V-105V 105)4-105X

9-99

MO

-

m

-115

102
103

9

-

30
40
40

»
8

- 4
-in«

3
a

101

9

-

-•

4

lis

8X -

lol^: loJ^

-

IS

W

- 93
8
3
8
8
3
-108

78 V f.9X-•73X
74 -74
69 - 73
loix-ioix 108)4-!0:iH I08X--1'8X
101 -105
104X-10 X 105 -108

121

IhH

2

30

-21
8-4
3-4
8 3-4

21

5

-20

20
ao

-74V 75V-

1-21

-

104
106

-

20-20

74

-

16X- 16)i
16

•

30

60-60
50-50
50 -03
50-53
50 - 63
60-63
50-53

in

-

-

101
101

181

-

44
31
80
27

101

181

2

44
EO

-108
-102
-103
-103

107

-

•loi" 101

-

lOll

-

•

-

26' - 20

8
-108
107
-100)4 100

1-81

-

44
30
30
30
40
40
30
3
35

- 21

4-4
4-4
4-4
4-4
4-4

131

106
112

45

20-80

113
113
181
181

103'

•1U6)4 106
-- 112
110

-

s

loav^ 10-8)4
108)4- laiv 10)X-1'6
101X-105V 103X-105X
108X- 10.i)4 104 -lOtiX 105 V- •"'JX 106 -•106V
lOiX- 10-3X 104X- 0>.X 105)4-10HV li)6V--106X

8V-

-

80

<

36

-

-71

3

53)4-. -59)4

25

28

-

60

-

3

-23

70

-

ao' - 80'

4V
*H

-60

•

--

-

35

-

-

4
4

60
60
50
60
80
SO

-

2

-35X
<

-

10
20
90

-

50
60
50
60
60
60

-

r.

-SO
-

-

-106)4 1(16)4- 107
-1I'7X 107 - 108
101 - lOlX
•108
lOlX- 10<
•101
lOlV- 102

814

2

-

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70
70
50

- tiy

11)0

2'4

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-

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-

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-

--

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- 43H

107

9
9
9

-106
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103
108
115

inx

--

-

70
50
50
9
9

-

-

-4SM

43
43
41
48

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•100

no

70

- 41

-43

4

-

70
70
60
53

43
43

42V 42 -41
43V 4.'X- 4*X IS -43
13V

8

-

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-

9

41

-

-

-

-•101

-

-

-

-

-

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70

9X

42V

42
42

V

4
4
4

-

-

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-

8
2

i'A
ay,

•

.

•

70
70
50
50

8K
8V

8X-

8X
2X
'

70

8
8

8

3
05
108
113

-

-

43
4))4

11
9
SO
20
31
4

»«-

70
70
60
60

43V 4»

•

77)4 70V--73)4 7JX-

lom

70
70
60
50

-

-

loox lOOX -101

<

[Compiled from

1st.

NoTiasn DccnBiB

13
10
TO
30
21
4

-

8

••

3

76v- •80'ji
73
69X^ ',9
108X- 103H 100

4
4V- 4X
74X- 75!4 76)f- 62)4 83
7634 77
76>i-76X 75X- 75X 76 - 76
7«>4 •7734 75 --76!4 74
75
76^- 7«V

J'<

78)4- 77)4

43

-

-

Sl4
107
109

108
l(BX- 103
108H 103
102X 108

103
102

.

-

43

;08v- 108^ :06X--106X 106

-lO'i

•

64
54
54
54
51
54
64
10
73
75

»«

•

•

107H io:v

•

101
101
101

5V

•

43
48
48

COURSE OF PRICES OF RAILROAD BONDS FOR THE YEAR

Best. Hart.

1878,

J

AUOCST. StPT'llB'B OCTOBIB.

103 -•104X
110 • 113
110
108 -•109
110 •102
loix- 101
100 -•100
10-iH- 103)4 100 -•100
101
102 - 113
lOiX •103
104
101 --101
I0.3V^
101
105 106 - lOOy 103 --104)4 103 -•101V
103
11I3X- 104
104 - 10414 lOlX •lOSV 106V- 106X 10334--104 V4 102>4-•104 14
IMH- 10414 10:iX •10.3V 106X- 106^ 101 -105 lOiV-•105V
104 -106
102)4--104)4
04)4 • :05)4 105^4- •10«
106X- 107
• 105
107
!l'5
104 --101/. 10! --104
105
106 - 107
-105
103 - 108X 107X- 108X 1P7 - 109
103 -•101
1I14X103
lOOX- 10.1
104V 103 - lOSV 103 - 103X 103 -•103V
105
>4ICO - 103
103
10:i)r -104V
-103X 108 --103X
106V
114
118 - 114
113 --113)4 118 -1!3
113
113 --11314 113 -•113
114 • 114
114 - 115
120V-130X 180 --120
--180
1-JO
117 -120
180 - 120
180 - 123
13i' -132V 120 --181
•
15=4
17
17
18
14!415V16V-16V4
-16X
16 -1»H 14X-• 13V 14X--14X
1.SX 1«X 16^4- 17
1114

-•S5«
-

-

-

103
107

20
38
2C
3

5V
5V

-

S
5
S

>

'7'

8

•

-

>

334

-•109

5

-

43
43
43
43

- 20
- 20

S

•

107X

55
SS
55
55
55
65
65
10

4

-

6
80
80
83
S
S

"i'
20 -81
SO - 21
20 - •«
4 • S
4
4
4

5
5

•

2%

36)4-38=4

35
35
25
30
30
67

•

-

9

-

-

106

8)4-• 10

-

6
30
SO
20
S
6

-

107X- 108

48
43

lot
109
108

35
30
30
30
65
65
40

-

65
45
45

67
67

4

68
63
43
48

•

33>i. •37H
-

-

•

3S)i-

30
30
80

-

65

'

i3W- •37X

deferred
4%- 4X
Dlst'ctCol. 3 65s, 1924 75Jt- •77X
Small bonds ....
76 -

Regis'ered bonds

10
9
9

'

8X

40 k 6s, J&J
30 - .30
I 6s,
30 - 30
I e^fandlDg act. 1866 35 - 36
I 68, land C '89. J&J 40 I 69, UndC.,'89,A&0 40
79 of 18^8
30 - Si>i
Nonfundable b'ds. 2 - 2
Tennessee 6s, old ...
33X-

new

10)4

8V4-

class i
class 3

new.

•

8^

-

Sonib Carolina 6s...

63,
69,

51
51

2
3
2

-

Island 6s

I7X
70
70

-

-

,

•

9
7
7

Um

-

9X

2

1851

65
65
51
61

9K- - 10

1

Special tax, class

Ohio

50

fnnoing act. 1H6
funding act, I86K
new bonds, J&J
new bonds. A&O

-

17X
70
70
•61
51

41S- 44
MV4- 44
43V 13 V- 44
43X 43X- 44

43

41)4- 43X 43
4i)4-4SH 43
4SX- 48X 43

- 43

43

S
8
3
3
8

••

-48H

48

41V4-4S

4

4

5

Illinois «». "79, coup.. lOOM- 103
101 - 103
war loan

6s,
6«,
69,
6s,
69,
63,
6s,
6s,

Jolt.

Jmti.

*Mt- 43

3
S
3
4

,

ins
100

"5"

80
20
2i

S
6
6

,

•40
-40
-40

••

•26H

4
4
4
4
4

40

•-

-

i'

- 20
- 20

20
80

7«, L.H. &?'i8, im.
L. R,
7«, Meinnli
7«, L.R.P.U &N.0.
Hlv..
!», M. O.
78, Ark. Cent. RR..

7s,

-•

's"

8«, 1893

.Arkani>afl 68.

RTch«ne« on

Low.nigh Low.Hlgb. Low.BIgh Lnw.aigh Low.Uigh. Low.HIgh Low.HUh. Low.nigh. LowTnigh. Low.nixh. Low.nigb Low.Hlgh.

5«, I88«

89,
8k,
8«.

Y-^rk Srork

Mat.

Aniit.

MlIICB.

N«

Kt thft

72X75

-

.... ....
.
.
....

-

.

. .

ti9

- 73

....
...

...

....
....
....

- ....
68
.
76X- 73X
... 86)4-25
...
8!)4- 25
32X-28
116 -118
1 6
-11.3V inv-117H \U}i'lUM 115 -114X
105 -103
106 -106
105 -104X 10 j -103
.... - ....
... - ....
_
iiox-imx
95
99-97)4
93
lOl - 19
91
93
97X- 97X
107 -1(.5X
10IX-103V 1(I5V-I0
109X-10S)4
69

.

20-28

V

V.»>i-Uiii ilSV-llS

ll-iX-lllH 111

inv-iiov 118X-1I1V 113V 113X IISV-IIOV
93-1,8
9IX- 91)4 93 -93
10 i
108

-107X

109

10SX-107)i!l09
_

iiiV-iiox
I9V- 1)8
68

-

11

- HXvl

6)V

111

'3r~28~ li)4-2ex SIX- 28X
-31

31

-

.

7iX- 68X

-

...

75-69
75

-75

75H- 74X 75X- 78X
....
....
....

-

....
....
...

...
....
...

.... - ....
..
.... ... ..
72)4- '•Oit
.... - ....
... 75X- rix 77)4- 71«

60-68

- .... .... .... .. . -

—
-

....

....
....

-

.... ^... '. ...
...
.... ••.. .... ...

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83-68

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'

THE (JHRONICLR

10

[Vol.

XXVIIL

COURSE OF PRICES OF RAILROAD BONDS-Continued.
January F£BBDABi
BOND:*.

High.Low. High.Low.
Bigb.Low. High.Low. Hi'jh.Low. High.Low. High.Low High.Low.

High. Low. Higb.Lowi Higb.Low High. Low

U

Am. D'k A Imp. bds

-41

- 43

41

'

-

44

- 4i;4

44

.13

SEPT KB R October. NOVEUBEK Oecembbb

AuonsT.

June.

May.

Apbil.

Majich.

ro

50ii- 43.!i
ti - 67Ji
b7«- 67

lst,con8ol.,»-6onti;d
1st, cunv., a.«8Ci,te<l
81,f00»dju8imci!t..

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64

69-56

60-66

6154- 61)4,
77J4- 71
7634- 70

- 60

73«70

70

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7334- 7154
733,- £9

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7134- 63

4934- 45

4534

36

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73 -68)4
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83 - 80
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73 - 6834
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44
39
55
55

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106
97 -91)4 98 -»5)» U9X- aijK
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109
107

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94 - 9334
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91 - 90

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89 - 86)4 9'.)34 - 8354 9234- 91
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n:i -11834 11954-11734
119 -118
117 -116
118 -118
119
lira 120 -11'.!
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74 - 74
80'
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66 - 8'i
80
89 - 8)
75 - 74
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93 - 91
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10034-100
97
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102«-1023i4
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9S)i- 95
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101
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10134-10154 10334-101
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77-76

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7s, conv^nible
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103
lOJJt 104 -103?i
2d mortg ge.
Bundf, 1900...

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lC3.';i

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90-89

Win<ini(&St.P.,l6:

45

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1071^-107 3<
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10654-1053<
100 -100

97 - 9654 97)4- 97)4
10734-10654 109 -103
ni!<-iO)>i
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10854-10634
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107
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llOiii-109^ 112 -11134 IIO.V-IIO
18V-107X 10 J -107;, 109 -.08^i no
106)4-101)54
108 -lot
-no ;i6' -lio' l67>4-l6'i54 10734-167' 16734-10731 10734-107)4
109 -106!4
07^4-1063^ 163' -loiji 108)4-108
SI6
-101
108)4-103
103
00)4lO-3;<9334
98
16
101J4U}i- 9i>4' iUX- 9l>i 98 r 97 lOi)^- 9734
10534-10334
10134- 9334 10334-li«
99>4- 98
- 93
lOlii-lOO
9->i- 971, 102K- 98Ji
9HX- :-3)i !.G - S6
106 -105
03 -10054 105 -101

IM

-m

169'

•

98 !»
-110

-117
1'9JK-119
105)4-104)4 106 -10534
-103
04'<-liil54
-107
lr65i-10634
-103
liiO
- :'8>4
-101
9i)4- 9834
-110
-103
10354-10334
- 9334 99 - 9134
119

.

Ul-.'34-

100
100

.

H

-118
-101
-1C2
-10
- 98
- 971.

.M

HT^

-10534 106)4-166
10)54-108)4 IMv-lOi
-106
15
103 -10454
107X-:0734 107.!, -107)4
163' -10'^)4
-104
104)4-10334
lOJX
l6i)4-l64'!4 103X
11N54-118
11934-117)4 119)4-119)4 ISO 1,^-119)4 12134-iaOJqi
118^-11734 1 8 -!17)4 Ilil34-118,!4 119)4-119)4 ;81 -120
106

lOl

131 -120"
12034-1-30
|-30!4-l 0)4
8/34- f6)4 9134 85
01)4-101
104)4-10234
93)4- 9734 1 l)s- 99
93)4- 973» 101!«-10J
65 - .^9
67 - 63)4

121,14-12114

12i'

118,14-113

'92)4- 8334 99)4- 90
105 -lOlx 107>4-105
105 -1 3
03 -11:
103 -10D34 10134-103
70 - 63
73)4- 6')

-is!"

13034-1 19M
101)4- 97
107J4-10834

10334-lOlX
-10054
7454- 7134

:oi

...

Jax»abt4,

THE CHRONICLR

1879. J

XI

COUBSE OF PRICES OF RAILROAD BOIIDS—Comolvdbd.
BONDS.
mih.haw.
Rallroida—

Paclltc

Pac

Central

gold..

8«n Joaquin br'h.
Cal. A OrOKun Isl
SUtnalil
LhiuI ifrant

Wu-UTiiPac
Pac of

8.

bdt.

C»l., lat.

Union Pidllc,
Land grant.

Ist..

Blnkfng fand.
Paul/lcof Mo., 1st..
3d mtvtgnge
Soiiili. Pac. of Mo..
KaiiB Pac.,l«t.«','91
l8td->.,coup. ctrs.
I8t «« 'llii
coup. Ctf«
7i',I,v.Br.,cp.ctr8.
7s,
coup. Ctf8
7c, land grant, '80
iW, 7», '8 1

R&LO.D.W.
.

coup, crfs
Inc.cp.No.il, 191tl
No. IB, 918

tncomo

3d,

.

.

Pennsylvania RK.
Pllt-. Pi.W.AO.,Ist
Sd m> tjitaijo. ...
3d inor'^a'.ro

&

Clcv.
P.con., 8.r.
4th inortiia^o
Col. C. &, 1. V , l8t..
ai mortc'i^o ,
Rome Vf.AOg con.lsl
»l. L Jkl. Ml., let...

Sd morf gaio
9t.

L.AltiT. H,Ist

2d preferrwl.
Sd inconio..
Bcllcv. &So. Ills,8e
Sl.L.K.O.AV.r.est.?-8t.I..JiS.F.,"A." 1936

M,

class
id. class

South

"C,"
"H,"

1-06.
1006

i^ldo. Ist, 79.

..

Sinking fund, 1900..
& Puc dc, Ist..

Texas

Tol. C. 8. &Det.,lst..

Tol.P.* W.,

ist,

E.D.

W. D

1st.

2d mort^ftife
Par.Coni Rect'B.D.
W. Div
Consol. Rec't
Tol.
W., Ut, oxt ..
1st, ext, ex conp...
l8t St. Louis Div..

&

Bx coupon
Sd morlgige
Kx coupon

.

.

Bqnipment
Consol. convertible

Ex coupon
Gt.W, I6t,'88,eicp
2d mortgiige,
ex coupon

Qnincy

& T..

'

Ist, '90

l8t, 9ii, ex coup..
ni».ASoIa.,lst,exc
West. U. Tel., cp.,190O

rcgiatrred

..

COUBSE OF PRICES. OF RAILROAD AND MISCELLANEOUS STOCKS FOR THE YEAR
[Compiled from

jANniBT, Febritary

STOCKS.

March.

all

sales of Sloclcs^at the

Mat.

April.

Low. High Low. High Low.Bigh Low.Higb

New YorK

JULT.

JtlHB.

1878.

Exchange.]

Steele

Skpt'mb'h OCTOnHB. NoVEaiBER Deoxhbhb

AcatisT.

Low.Uigh Low.Higb Low.Hieh. Low.Higb. Low.Higb. Low.Higb. Low.nigh Low.Bigh.

Rallroadn.
Albany

&

Susqufh'a

Burl. C. R.p. s, No..

Caoada Southern

Central of N. Jersey

Chicago

& All on

do

- 15

:<

na-

80

17«- 31>f 83X-34

HU--isir

is'

-

is3<-

75X-79X

1J7J<- 78>«

US
3«

99X-I0354

--lo;s<

prcf.. 100

Chic. Burl. & Qnincy.
Chic. Mil. & Si. Paul

do

73

UH-

77
i'l

37

-

- 83
- 3S.)<

80

-

39%--

...

•

97Jf -lOi

3»Ji- d8J4

prof.

73Jt

1.8

!<- TOJi

Chic. A, Nonhweat...
do
pref

»4

38

.33H-

S.'iTi

61)<-

Chicago

64X 59X-

623«

98X-

.

& Rock Isl'd
Cler. Col. Cin. 4 Ind
Cler. & Piitsh., guar.
Col. Chic. & Ind. C.
Del. Lack. * Western
Dabnqne & Sioux C.
Brie

34

M%

•

f8X- ^}t

27X-34

70S£-

',»

46>4-

5SX 4CK-50^

1H
7X-

10

do y< assess, paid.
do pref
82 - it
do |3 assess, paid...
Hkanibtl &St. Jo..
!0«
do
pref..
„
Uarlem
141
143

63!<- ri'i
2X- 3

"9

- '9Ji

13H-

m\-

17;i

13
975i-100

'SJi-

7«

is"

-

ii'ii^- lOn

70
99
100
49

•

-

3iiK
79
101

•85
•335i

85X

8U.
103

-

1C5

82^4- 81

-81

81

24X-30^

- 8j

«X-

34

-

45X 32 -38X

7iiX- 85
60
10314 101

102

- 65

83
8)

104

101

.

105 J4 lot - 103
99X-101K
lOW- lUH ^sa I'.m
Srx- 4!Ji 43!<-SIX
3')
MJi 4«>^34X- 54H i8
ti9s<- 7JH
")»'
77 - 81
70),- 81V 66
71X72X- PI
78)5
35 - 45>4 45 - 55« 49X- 54 1< 41Ji- 54JK 33 38«
52X
36K
7S
6'!>r- n«
li9X- r^a 66 - 79H 63V 69
70,'i- 78S»

101i(- 106

- 83
53

-1035i lOIX- 30Ji vSS(-

-77Ji

05

104)i- iiaji 112 - 119)4
25>,- 39 !«
84!<- 33

-

^>H 50«60

-

lO.V-

4X

SJJ-

58
60

51H-

13X

lU-

M)

-

si>.-

5

77H- 8tX

8H-

4«

61X

55 Ji- 59X
63 - 64 >i

15>i

'A'i-

17«

117;-,

85
79

-

27

-Six.

-7IJi

3X-

*H

!b%- 61J4
15Ji-

-

do

pref.

38

- S3

31H-

10

- lli<

10

inx

111

Kansas Pacific
Lake Shore
Loaisville &, Naahr
Mtchigiin Central. ..
Mo. Kansafi
Texas.

78

-

75 J<

«x-

141

-!42X 141iK-149

7JV-77
SX- 8

tin-

80

- 33

80

ii«- iax

11

-

ii' -

18X

UK

isx

59

-

(0%

I4S

75JK '74X- 76!i(
6X- 9

76' -

84k 82X-

-

-

7

8X

6

-65X 61«- 69« 6IX- 68S 55«-

Wi-

65V

65i,--

7ix

'63V4- 7iii

85Ji

Sk
65 ii

w

mx

nX

6

-

87

«X

1<X

11

x45X- 60X

S74V-78X

65

56

18

I4«

:ov17X- I9X

13
^5

x7i' 4 -

69' -

V.-

»

8

-

- 83>4"
4X- 5
64 !i- 6ft V

36-36

^Xl

68)4-

38
186

154

7

'

-15tX
-

8X

•4V

MX

-S3H

- 1
lllVi-UB

mx

t3

H'X- 33
-

31

13X- 15V
J«X- 40
135
74'

136H

-

--

1155'

"i5»-159"'

TV- 8X

"X- UK

isx-

MX

41

- 4T

65

-e<,

i7x- aii

31-38
13X83
138
138

:6J<

- 41}»

-38
IS

iix-mx

-I48V xm-i4s
-1.38

141

35
85

-. 35

-

S')

- 39

SI

-130

Iia5i<

196V

1»4

-t8.-i

- Si

67x-:»
7:v 66X-70
4X- 7X 5 - TX
81X 79V- 84X xTSX- WX

8V- 4V
79
23

JO

:0

U7V

188

-

ici'

114
85

158X- :59>i

7X

8X
IS

110

80

.30

-13 'V t»' -ISO"

IX-

IX

-IMV
6X- 8\

!'«

14

'X-

I80X-18IV 188

w

-IISH xnox-iiT
- )»

-

ISX

97
ISS

-184

-lit
-1S7

7X- rx
15V- t»X

-

186

-I4iV

-

85

7X

- 60

tan
nx- 6X

t-«.v-

83

1

I3X- 13X

5i

ii7x-ia
31V- St>t

74J4- 80V 74X- 7»X
4X- nx lov- nx 10 - IIV
64 V-•70;i 67X- 7DX

•

-

.SH-,4

72X

-

"X

iw' •137" iwx-iarv I87X

-mji

IX
108X-nO 107X1

40

78

8k »X8JX- 86X 80X- ilH 8iV3Ji-

1«!4

186X- M8X

8tX

58X- 65X ssx- 67

35K- 3«>i
63X- 71V

A
4
3H- 8S4 3X- 8?i 8V- 4X iH- 3
2X- 3\
Morris & Rssci
11 - 75X 67«- 75
87X-79Jt 76 - 80\ rrx-85
83 Nashv. Chatt..fc St. L.
New Jersey
-126'
lao"
lao'
mH-_ 180' 130^-186 j< 188
New Ji-rsey Southern
- 1«
- IX
»
IX- IK
N. Y. Ceni & IIud.R. 104 Ji
108>i 103JK-I06
109).103X-I07J<
10) - 118
105XNew York Klev»ted
75
too
N. Y. N. U. &, llartf.. 153 !< 155 J< 15«
-159X isa -159 V 158
159
151 -160H 154
lei"
Ohio Jk Mississippi... 7
7X- 8H 7 - 9X
7X- 9X 6J(- 9V
do
pref.
„
14
15
18>«
SO
13K17
12
15XIS
15XPacific of Missouri.,
!K Hi .... - .*
ranama
113
185 n81 -13!
IS**
-130 Ii2s -mWljis" -lam iao'

mx

8JX-

"'

48Ji

33-83

89X- 34X

nji

-81)

72,i«

68

i

78

am-

29

13X

77X- 88

0<X

-113
iio' -liav insii-ii'i
ST
89V - 33 V 30 Jt- 3<iV
64
6HV 6(iV- ;8!4 71 -76«

-

31 Ji 2li!4- 89 W 36 J<86X-88
8^X 36
- 119
147 -148H 133 - I4?X 189 -140>i 138
139

&\- UK

S9X- 63* 60\-- 62X 81
6.3

S6J4- 32

11¥-

n

119

t.9

-35

!3X-27Jg

2U<- 2»X 3i«-

'.'...',

IllimlsCenlral

24 Ji

-UH

%

- 4!
- 33X

36: -43V
40U- 4sX
88X -71X 7iU- 78
X13V USX U5V-I:8V
116X
3
83
88
30 - 33V
34X 8IV-- S3
9
SIX 79X 85 80V 84V x8IV-83>»
SX 4X 3X- 5V 4X- 5V
3W- 4X
OX 68). 50X 56V «X- t6X 45X- S*Vi

33 J4
64

.

.

81X 70V- lax
2iV 28V38 - 45H
8iX- i*k

-

•«

!«

t3V

85

84

-

80
8!

•

-

-

79X

-101« UH
-tny, lOS

-

74X- 77\ 74^3

4li>i-

63 - 63
9ii- n>i

I07X

83V

-Six 86V 36K
-

•

99
it
66

80

2JX - 83

181

-tM

..
..

.

STOCKS.

-9*

Si

special
do
Reons. * SiratoRa.

St. L.

*

S.

6
4

&No

-

7W
4I<

4>.'-

"is-

pre'letpref.

8

'i>i

Wabasb

IS

SVarrcn

a

••••-••
American Diotr. Tel
Atlantic A Pac Tel.. 'i9k- IWJt

98

4«

-lOOM
50
- "8

..

-

17«-

2l>li

-

1

»X

52X

-

64

15>i

12K

30«-

-

62

- 62

si'k

-

7-3

35-37

19X 17K- 18«

31^'
- 16

W

73X- 73X

- 35S4

33

3J

-

16

- 3)

30

15X-

16

7i' - 77?i

SI

!0X2' -

ik- «x

ik

'sk

6X-

78

-

60

15 -17;<
20 - 20
255i- 27X
61 - 63

10
lj«

56"
'ik-

IX-

-

88H xSS -

3ti

- 16>i

14
«3

-

1««

-

37

16X-

19

16

18'/,

314

30-31

U}i-

16

15

- 15

- is'
- 10
-155

IM

15
20

- 20

20
27
63

'72k- 7TH l73!4- 77
115

75

75

92
105

- 18V

74X

7d>i

76

90X- 93X
48>i-53

June

B«of 18.^8. .
6»of 1881
6«, Oregon War
6«of 1881
««of 1881

Feb.

14, '58
8, '61

"

«9X-

3X- 3X

IX- 3K
2X- 3'/4
38X13
33
18

March 2,

'61

.Inly&A.,'61

March 3,
March 3,

'63
'64
.March 3, '65
March 3, '65
March 3, '65

J«,10-40'>

«s,5-S0sof 1885, new.
e«, 5-20eof 1S*7
6«,5-20eof 1868
E*. Funded Loan, 1881 July 14, '70
1891 July 14, '70
do.
4XS,
19a7ljuly 14. '70
do.

13b',267,'0i0

56.748,750
144,20,1*00
18,205,550
117,622,560
16,209.500
251.175,500

1881

1904
18H5
1887
1888
1881
1891
19u7

31

31X

- 2554

...

13XSix-

3:l>4

19

- 19

9X

149"

745i

- 75Ji

73

73k- To

liv4.715,;50

lSi.369,700

33k- 39k
lOX- 13
33 - 3(«

40
li
34J4

22-28

- ....1

-149

72k-

80-80

73'

74k- 74k

3kI

Debt bkabino Intkbbst in Lawful Monkt—
Navy pension fund at 3 percent
Dbbt on which Int. has ceasbd sdicb Matobitt.
Debt bkabino ho Interest—
Old demand and legal tender notes
Coin and

Coupon.

tsicono
395,531

$346,743,051
34.515,000
16,108,151
31,078,830

silver certificates

{421,443,035

Total debt bearing no interest

8,197

Unclaimed interest
4,4M.OOO
946,000
59,054.350
19,256,250
50,285,500
7,879.900
192,991,450
21.2:>5,800

255,264.850
8.S,284,»0
62,330,300

Coupoua

tl.Ono, registered J5.010. (») coupon $1,000, registered tl,000, $5,000, $10,000,
((t) coupon, $50, $100, $300 and $1,000, registered, same
(<;) $.50, $100 and $300.
and also $5,00) and $10,000.
On the above issues of bonds there is a total of $4,051,903 of interest overdnc
and not yet called for. The total current accrued interest to date is $30,116,160

$34,841,793

t2 387,703.345

Total
interest due
Total debt;'princip'al and interest, to date, Including
not pre&ented for payment
Amount in the Tbeasobt—

Coin
Currency
Currency held

'5'"

Interest.

$14.O"O.00
33,416,460

Fractional currency

1,05n.S«1.200 »758,971,680
Affin^^te of debt bearing interest in coin.
uf (50 iiud f lou bonds are paid auuually lu March.
The sizes or denominations of each issue of bonds are as follows; (a) Coupon,

*

3

34 !<

- 13
-

3X

2J<-

^X 80-41
13

AmOLlllL
lOutstanding.

*260.000
13,991,000

2ik- 2ix
iio' -lii'"

1878.

Bonds Outstanding.
Registered.

1874
1880
1-81
1881

15'i?

- 25" 35' - 35

'23'

35' - 55"

Certificates of dei)Osit

Character of bene.

isk-

- 20X
28X- 29X

30

106

4.'X- 50M
49 - 51

X- IX

31k

- SO

16)i

39.

j93)4- 96T-S
9)!i-lC2
105^-107
-109iC 105/,-108
47 «- 49^4 4S - SOSi x46 - 50
47 - iiH 45 - 47!tf
4754- 60
93 - 97X 98 - 9JX 95 - 99!4
43J4- 63H 37)<- 47>ii S4X-38X

-97X
-106X

14«-

8TX-

19-30

- 2014

25-28

- 31
- 61

-115

The following is the official statemeat of the public debt as
ftppears from the books and Treasurer'a returns at the close of
btuinen on the last day of November, 1878
Debt bearlns Interest In Coin.
Interest
Periods.

19?i

nx

65 S<- 68
80)i- 83X

69Ji
191f- 23J4

-185

X- 3
X3SM-- 39!^
13 - '.SH 12 - 13x
3l;<- 33)i 30-35

1

x35X- 36 !«

16X.TO>^-

THE DEBT STATEMENT FOR DEC,

2?

9>i-

9;4

-78

-18X

18'^

15Ti19 26 63 -

\- X

ik

-

-105

Anth'rizing
Act.

4
9

15K,

7!4-

-150
- 80

-73^

3V- 4«
iK- 5X

7H-

»

66% 65X-

-

- 14

73

IK- 3H
3;.4- 4%

4

31

soy,- 22Ji
IX- 2!4
3X- 5
6X- 9

61X- «5« 64 - 6
12X- 15>4 14X- 18X 17X-

k-

4'4- 7H
- 26

100

3 la-

nx-

7^- 13V4
4«- iH

66

1*
61
l.it4- 15

kV

2.V - 23
10 - 10
162 -155

1

29«-

-78

.

ItiX

S3K 22k-

21

-iw

Pnllm'n Palace CarCo
Union Trust Co
Sulro Tu nnel Co

70«

•

21 5<

- 10
-155

'ik- '2k

N J. L'd&Imp
lao

72>i

'}A\/. 9.^"

1

H- 2X

14

Manhattan Oia
New York Gas
New York MntoalGa.

»

- 81

2-2
5-6

6X
4X

-

5

4-4

- 7ii
*>^- Ji'^
itOli- 2J

-100
- 4X
- lOV
11 - 1414
6'4- "Hi
24^- 26Vi

100' -100

160" -loi'

IX

-

1

5-12

18-22

..<).

25
9

-

71

31
I5>f- 16
80
31X

pref

l66' -loiii

8

-

Vi

iso' -lio'

.

Quicksilver

Cent.

25

'9k- *X

.._.

Pem-^nthrac'tc Coal
Sprini; Moont'n Coal.
Ifaiiijosa L. & M. Co
pref
IXdo
Ontario Silrer Mining 30 -

do
Canton

32-34
85-23

.....

Pennsylvania Coal..

-

2

-97

8?k- 95k fiik- 94
84X rak- 8:iji 81X- 87)4 losx-ws'/.
KW),- 106
75K- '!7)i 76k- MJi '79'i- 102
X 101 -104 lOJ -10)X
lOlX- 50
lOOiiC-WJ)^ 100 -lOJ
5(« 47 - 49^ 46s<- 4rj4 46
49 - 49t« 48 - 49H 48!<- 49>< 4-iX48 K 44 - 4iX
4tl
A6H47
50
60 - 51
46^i- 91
90
47)i- 51K 49)^- 51
x90H- 94X
92 - 95
89«- 91
89 - ilO
81>4-85
84X- 88
S:%- 56X 55 - 58)4 53X- i9y, 47X- 54X
4ili- 50V 4t)3i- 56X 51X- 67M
28-30

Wells Far.'O Eiprees. Si%- S'K
Del. & Hudson Canal 45 -52Jt

Maryland Coal

18X- 21« 20
....

47X-

.

\7%'

161<- 21X
15 - 15

-33S

20' - 2Jji

75X- 78X

American Kxpreas
United State* Expr.

-

'

'97'

8

2Ji

7iX 63>414«- 20 Ji l:;X-

UX

- 78

MI»cell«neon«.

Adama Expreas

ISX-

7;!

Pacific Mail

Gold & Slock Tel....
8outhi"rn« Atl. Te'.
Western Union lei..

"

15X-

-100

100

'ik-

-iJOJi 120
- 73
fP?X-

67-63

64S- 69
14X- 17X

rnlonParlle

Conaolidation Coal.

2-2

6><- 7)<
4H'- 5X
20 -2J

6
20K- 28

«x-

iook-iroJi

iiU- 13"

-

4

5

81X- 84X

- 126"

Stonlngton

American Coal.

si' -100'

7«- 8X

- "3H

8X

-

- 96

•93H

94!^- 96

- 93

93

- 97)4

90

12' - 13

-MX

24

- 92>i

96

IX

-

4X

«x »x-

aox-

pre'-

-

6

FmnciKO

do
do

90

-14«

13
6

12X-

P"'Sooth

M. *
Bt.L.Kan.C.
do

h.

- 92

8«- 3X

Altun&T. H..

do

Low Ui

sm

-

NOVKMBEE DiCBJCBBB
August. Skpt'mb'b OCTOBXB.
Low.High. Low.High. Low.High.
Low.High. Low.High. Low.High.
Low.High. Low.High. Low High
x99>j-10 I
ii5'/4-10O
96!i- 99J4 97X-I00X

90-90

.

I.

XXV. 11,

[ToL.

jin.T.

JCKB.

Mat.

Apkii-

MascB.

Low.Uigh, Ix>w.Kigh.

Ft.W.&C.,!?ii« 87

Si. L.

9

^^^^i=5F^^^^^^^^^^^^^^^^^
JiUCABT. FZBBDAmT

St. L.

W

.

THE CHROJJKJLE.

12

Pitti.

X

:

.

.

3,302,544,138

334,865,477
4,515,650
10,000,000

i-;-*'V*;

......
fi>r the redemption of fractional currency.
deposit
Special deposit held for redemption of certificates of
as provided by law
.

34,515,000

$273,896,037
2,0ia,S48.I11

Debt, less amouiit in the Treasnff, January 1, 187^..
Debt, less amount in the Treasury, December 1, 1878.

3,(B7,414,3»
$1,233,785

Increase of debt during the past month..
Decrease of debt since June 30, 1878 ...

7,1:18.7iO

Bonds Issued to the Pacific Railroad Companies, Interest
Payable In Lanrlal Money.
Interest

Interest

Debt Bearing; Intereat In Lawlnl nioner.

rep'iid by
paid by
Amount
Outstand'g. United St's tr'nsp't'n.
I

Character of Issue.

Principal. Interest

Balance of
Int. paid
by U. S.

I

8«,Navy pension. Act Jnly

gl,'68. Int.

appl'donly to pens'ns $14,000,000 $210,000

Debt on Which Interest Has Ceased Since Maturity.
There Is a total amount of over-due debt yet outstandin?. which has never
been presented fiirpaymBnt, of $22.1!6,160 principal and $31)5,631 interest. Of
thia amount, $21,130,593 U on the "called'^ five-twenties.

Debt Bearlne no Intereat.

Old demand

Acts,

notes.,....]

July
Feb.

Issues.

Amount.

17, '61
13, '62

$62,035

Prior to 18
$17,990,522
Series of 186!) 132,683.091
iSeries of 1874
84,176,193
iSeries of 1875 138,187,912
iSeries of 1878
35,643,296

Feb. 25, '«S
.

. .

< July 11, '61

Certificate* of deposit.

Mar.

8, '63

Jane

8, '72.'

Jnly
yrsctional currency. < Mar.
.

June
Colncertificatea...

BUvcr

certificates

17, '6«
3, '63
30, '64

Central Branch,

Union

Pacific.

Western Pacific
Sioux City and Pacific

First....

4,237,376

Second

8,111,2t.7

,

iThurd...

Fourth.,
UFifth...,

3,009,OS5
8,906,238
1,794,18'

Mar. 8, '63
Feb. »S,'78

$2,516,742 $11,170,276
$25,885,120 $15,687,01
2,493,74*
1,7)4,693
4,238.431
6,303,000
10,641,681
16,18».8')6
87,236,512
6,14V3'4
998,-362
1,0S9.808
71,)45
1,600,000
9,36'
1,077,0-tO
1,067,713
1,170.560
892,153
83,64S
975,801
1,638,330
$64,633.513 $.19,8.35.03)

«5,.'<I0,000

Halifax Award; otherwisa the ordinary decrease would have been

$2,283,757.

346,681016

The

followiocf is a comparison of the coaditioa of the
1, 1878, and January 1. 1879:

34,615,000

January

16,108,151

Currency
Especial fond for the redemption of fractional
currency
Special deposit of Icgil tenders for redemp.

2.496,180

(ion of certificates of deposit
$121,441,035
8,lv7

Amount
Outstanding.

Bonds at 6 percent
B^nds at 5 per cent
Bonds aV4>( per cent
Bonds at 4 per cent

Of

COOt—
,

Total debt bearing Intereat In coin

silver certificates

$687,816,200
"0),v6ti.«5P

250,000.000
198,700,000
1,809,812,850

Outstanding called bonds
Other outstanding coin liabilities
Outstanding le^at tent^ers
Interest.
OuttitHnding fr4ctional currency
Outstanding silver coin
Total debt, less cash in Treasury
Increase 'of debt for December
Reduction of debt si'ice July I
Market valne of gold.
Imports (14 months ending Nov. 80)
months enfllne Nov. :10)
$84,328,063 Exports (12

$5,498,844

...

10,OCO,000

10,000,000-

84,515.000

1.19,518.405

2.'4.865.4Tr

<a

24.076,830

106 013505
20.745,30)

20a783,647

5,907,346
349.94 !,776
17.764,113

21,718,7(0
4.«24,2JS7

846,6SI,01ft
16,108.104

38.03.3,444

89 931,957

2,015,955.4 3

2,a88,e4«,lll
1,283,785

71,631
.

$4,515,550

3*,810,Oin
38,424,9

Coin, less coin and silver certificates

Reoapltnlatlon.

DSBT BtARlMa INTBRSST

Coin
Coin and

Ireaaury
1879.

1878.

21.0811.700

Aggretiate of debt bearing no Interest.
OncliJtaea lotere-t

10.5n.l02 $29,s*3,9afr

Pacific Railroad bonds are aU issued under the act.'* of J^'y ,!• !*»'• »"*
July 2, 1864; they arc registered bonds in the denominations of $1,0(>1, *5,000and tl0,0O0; bear 6 per cent interest in currency, payable January 1 and Jnly 1,
and mature 30 years from their date.
Note.—The increae of the debt during the month is due to tho payment of

The

Total.

I

Legal-tender notes

Kansas Pacific
Union Pacific

Total

Authorizing
Character of Issne.

Central Pacific

lOil'J

7.188.7ai)
lC-0-00

482.;92,9'4
62S,ni>i,'H

430.«et.996
739.971 .789

14,202,-!^0

—
Ja»ua»y

.

THE OHRONKJLK

t870.]

4,

.

fkXouctaviji<S;ommcvclal^wgTlsTt Incurs

13

14—Str. Bcrmoda

D«c.

Dae. 24-Brig Cleta

KiiKlUli Market Ileporta— Per Cable.
The dtilj closiDg quotations In the markets of London and
Iilverpool for the past week, as reported bj cable, are shown in
the following; aummary:
London Money aTid Stock Market. The bullion in the Bank
of Eogluod has increased £030,000 during the week.
We i.
Thnr.
Taaa.
rri.
Mod
Sat.

—

DeaiS.

Dec.

UK
M

0.8.«i (S-JOa) 1867. ...t04V

W<M

10<«
1I»X

1()8V

loB

Wi
accoant.. M%

"

O.8.10-Ma
U. 8. Saofieai
U. 9.«J<«of 1891.
Erie

atock
Illlnoia Ceotral

21

-

.

80

PennaylTanla
& Reading.

Phlla

...

iWV4
12ii

Liverpool Provision* Market

.

•

d.

a.

8
8

9

a.

Thni

d.

d.

•.

8

6

9

8
9

9

1

2

9

IX

6

9
24
22

SH

3

.

PrL
d.

a.

i3

&

77
31

Mon.

o

M

9
9
24
22

3

9

30
45

Wed.

Tues.

d.

a.

46
23
24
77
30
45

6

77

ib

ToUl alnce Tan.
Same time In

Sat.
d.

9

Spirits turpenliae

Mon.
a.

a.

^
.

.

common

cwt. 36
"
%i
**
4

6
6

86
22
4
10

d.

ft.

7
8
9
9
9

3
9

22

1

6
9

21

6

•a

9

A
a

d.

8.

40
*)
24
75
80
45

Wed.

Tues.

d.

a.

d.

6

.36

6

s.

c

6
9

Fri.
d.

».

40
23
21
7S
39
45

U

4

«

6

fl Eal.

"

C^

10«

18!4

....

••

"

d.
36 6

6
6

a.

22
4
10

6

«X

10

lOJi
18

—

Imports and Exports for the Week. The imports of
last week, compared with those of the preceding week, show
a decrease

in dry goods and an increase in general merchandise.
imports were $5,504,356, against $4,393,835 the preceding week and $7,272,070 two weeks previous. The exports
for the week ended Dec. 31 amounted to $5,782,673, against
$7,269,771 last week and $6,331,833 the previous week. The
following are the imports at New York (or week ending (for
dry goods) Dec. 20 and lor the week ending (for general
merchandise) Dec. 27:
rOBXIGH IXFOBTS AT NXW TORS TOR THX WKEK.
total

DryQoode

1875.
$^S3,96l)

$650,653

$773,073

1878.
$<i03,923

General merchandise...

3,876,000

3,.<)84,91t

3.678,660

4,6t>0.4.:i3

Total for the week..
Previouely reported....

$4,529,9 »
318,997,693

$1,0:5,572

$1,451,7.33

$5,:;64.35S

Ji4,19fi,0T9

311,741,897

231,315,788

$8t4,527,6S3

$278,531,651

$316,196,6.%

$286,830,144

Total foryear

1977.

18T6.

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 ol New York to foreign ports for the week ending
Dec. 31:
XPORTa TROX NKW TORK IK)B Tni WEEK.
1875.
$1,7.19,431

For the week

ToUl

for year

The following

1877.

18:6.

251,767,862

$6,958,J10
272,1)8,226

$255,507,286

$279,097,136

Previoaaly reported...

show the exports of
week ending Dec. 28,

will

New York

1878.

$5,317,093
290,018,617

f5,78J,673
841,128,200

t295,.343,740

$346,910,873

specie from the port of
1878, and also a com-

for the
parison of the total since Jan. 1, 1878, with the corresponding
totals for several previous years:
Dec 28— Str. Uosel
Southampton
Mex. sllvrr dola..
$16,360
Bremen
Qer. gold coin .. ..
700
London
Amer. aUverbars.
35,0OJ

Total for the week ($51,360 silver, and »70O. gold)
Frevioaaly reported ($6,510,463 silver, and $5,626,1*1 gold)

ToUl alnce Jan.
Same time In—
lffT7

1,

1878 ($6,561,823 allver,
I

and

|5',060
12,837, 197

$5,81?,431 gold). ...$12,830,257

Same time In—

1871
121.
1.226,843
43 616.43111870
69,,097.437
1869..

$68,885,547

1

M7«
1875
1874
tt7S

62. 453.440|l3t8

49. 303.185
71, 515,276

MTt.

I

I

1867
1866

The imports

.

of specie at this port during the
been as follows

58.689.171
82,108,448
70,841.599
61,001,948
61.568,700

same periods have

:

Dec.
Doc.

23— Schr. S. A.
23— Str. Hudji

Palne...

..Hayagnez
.Laguayra

Amer. gold
Amer. sliver

.Aipiowall

Foreign gold
Amer. gold ....
Foreign allver.,

..

.

.

Dec tl—Str. Clyde..

transactions for the

Amer. silver...
Amer. gold....
Onldduet
Silver bars

GoldballloD...

week

K8

7.875
4.421

ft8a,<ii

M71,418

II

and $7,275,034 gold)..tl»,138,tt9
$».IM7.«I1

1872
1871
1870
1869
1868

8,619,»0

1I.W1.7U
14.978.001
7,168,070

at the

Sab-Treasury have been

$4,000
26,269
1.360
13.449
1.980
17,391
8.338
8,150
1,188
735

Becalpta.

Cnetoma.
Coin.
$129.«W $1,020,8M 56
362,0('0

284.000

I,lbl.:«9 92
1,893,43133

»

Payments.

-«

Cnrrencr,

Coin.

M

$256,075 50 $2,'!5.\e80 86 {1,015,873
691,766 97 1.480,097 02 1.662.333 88
431.526 19 8,058.814 69 1,061,605 80

—

'>
.
2,844,260 60
929,709 98
47.55.3,942
23
115.233.890 65
113,202,613 37 43,512,675 87
'

3

— Messrs

,

Currency.

Holiday

1

2

Balance, Dec. 27
Balance, Jan. 3

1.' 23.970 90
2,281,475 70

...
»

we observe, have enlarged
government bonds, and are prepared 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 yenrs for its large and successful
negotiations of bonds Ijoth of the United States, of cities and of
Drexel,

Morgan &

Co.,

their department for dealings iu

is

called to the notice of

The Funding

Association,

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 receivable coupons, and a sinking fund.
The proposed plan is
before the Virginia Legislature, with strong hopes of its adoption, and all interested should give attention to the subject immediately and give in their assent unless they have some good
reason for delay.
IT. S.

©onxmcvjcial ixniiW^isttlXxmtaus %zxo$.

The

«,J64.464
18,779.929

— Attention

Fri,

10

10

.

Amer. sliver...
Golddoat

—

d.

38
22
4

22

6

461
10,484
88.144

corporations.

Thar.
r.

1,M»

Bametimaiu12879.116

Jan.

9

o
.

1878 ($11,863,195 allver,

25.7-!7,.'562

Dec. 28
" 30

11

6H

5),

Thar.

d.

K

London—
Fetroleum, refintd..
Petroleum, pptrlto....

1,

$15,112,563

31

.

s.

Aapinwall

Tout for the week (1214,323 silver, and $41,438 gold)
PravloaalT reported ($ll,633.d?2 allver, and $7,232,546 gold)

23

6

78«
97,000

.

87— Str. Aeapulco

The

9,808
8,148

.

as follows:

23

9

40
23
24

Str.

if.wn

.

allver...

Foreign gold
Dae.

•••

....

d.

—

Dec 17-

,

6

9
9
9
21
23

Dec. 16— Str.
Dec. 26— Str.
Dec. 21— Str.
Dec. 27 Sir.

and London Produce Markets.—

Liverpoot—
Tallow, prime Clly..
Roein,

8JX
88X

23

8
8

40

.

H'A

Wad.

Taea.

d

a.

U

Sat.

.

22 !<

—

Wheat,aprln)f.No.l»10ift ....
8
do
do Nn.ini'w"
do winter W. new "
8 9
9
do Southern, new. "
9 2
do Av. Cal. while.. "
"
9 6
do Cal. clttb.
Corn, mlied foft, old, V qr. »1 .i
"
23
do prime, new

H

23

— Hee special report on cotton.

d.

a.

07 K

Amer

Amer. KoH
Scythia
Liverpool
Amer. allver...
Oral Btamarck
81. Thomaa
Amer. silver...
Corento
Amer. gold ...
CoataRlca
C. of Klo da Janelro.Klo de Janeiro.. Amer. silver...
Amrr. silver..
C'larlbel
Kingaton

1877
1876
1875
1874
1878

109X

....

BreadMuffa Market.
Mon.
Bat.

Pork, Western mesa..*! bbl.
Bacon, long cl'r, new. ^cwt.
'*
Bacon, ehort cl 'r, new
Beef, prime mesa, new.^ tc.
Lard, prime Wi at
Ij) cwt.
**
Cheese. Amer. choice.

n

»

6ifi

a.

o

\WH

Amer. allver
Amer. gold...,
. .

957-18
!04H

95H

as

Fl>ar(extra8iate)....Vbb>. «3

Liverpool

I04«
IIOK
109H
107X

11

Liverpool Cotton Market.
Livtrjiool

t03

1

a.

49X
96K

95 X

32X

Jan.

2.

49S

107)4

-;

i

Jan.

1.

96
>S

llOK
109H

1

>

Jan.

31.

49.S

95

...l(X-5£

com

Dec.

80.

BilTar.pcros
i.
Ooaaoia for money.. <H^

Lacuyra
BallM

A., in

— One of the old and powerful financial corporations of

Europe

the Nederlanseht Handel-Maatsehappij, or Netherland Trading
Society, of Holland. This company was established in 1824, and
has been the agent for the Dutch Government in the transportation and sale of the products of its colonies, having a paid-up
capital of $14,400,000 gold, and numerous agencies in the Eastern
possessions. The company has just established an agency in
New York, and placed its management in the hands of Mr. Stanton Blake, formerly of Blake Brothers, bankers, aud Messrs.
Oliver 8. Carter and Henry E. Hawley (of the firm of Carter,
Hawley & Ck>.) as .agents. The agency will execute, upon favorable terms, orders for the purchase or sale of merchandise, bonds,
stocks, and other securities in the United States, Europe, and in
the East, make collections, buy and sell exchange, give advances
upon merchandiso for export, and in general traosact a commission business. The sterling exchange will be issued upon the
Union Bank of London.
is

—

At'ention is called to the large ntimber of bonds and stocks
on which January interest or dividends are paid at the banking
house of Winslow, Lanier & Co. This house has long been prominent 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 (jlendinning, Davis & Co., bankers and brokers. New
York and Philadelphia. Mr. John H. Davis and Robert P. Anderson.will constitute the new firm, having for their Philadelphia correspondent the bouse of Robert Glendinning & Co. Messrs. Davis
& Anderson are well and favorably known on the street, and all
the activity and business ability which has characterized the management of the old firm may be looked for in its successor.

— Messrs.

N. Phelps, James Stokes and Anson Phelps Stokes,
memliersot the well-known firm of Phelps, Dodge it
Co., have formed a copartnership under the firm name of Phelps,
Stokes & Co., for the purpose of conducting a foreign and domestic banking business at 45 Wall street, where they have fitted up
fine and commodious banking offices for the accommodation of
The well known financial and
their friends and customers.
business abilities of the members of the firm will no doubt
enable the house to command at once an influential position in
I.

until Jan. 1

financial circles.

—

Messrs. Walston H. Brown & Bro., 34 Pine street. New
York, have advanced the price of the first mortgage 7 per cant
bonds of the Sioux City & Pembina Railroad Company from 87J
They report that only a few of these
to 90 and accrued interest.
bonds remain yet unsold.

—The Plumas Silver Quartz Mining Company annonnc«
another monthly dividend for December, 1878. A change of oflSC. W. Reed resigns and H. C.
cers has recently taken place.
Bidwell is elected President, and Mr. H. J. Rogers as Secretary
Messrs. W. H. Quion and H. J.
in place of A. P. Marshall.
Rogers were alao elected Directors.

.

,

THE CHRONICLE.

14

XXVIII.

[Vol,.

1 he prospect of the speedy redempiion
of tive-twont PS unsettles the holdets of all ihose bond-, and oven
little
out of favor with buyers, as they will
the ion foriies ar^ a
stand next to the five-twen ies for redemption.
The Secretary of the Treasury has made the seventy-sixth call
for the redemption of 5-20 bonds, embracing $10,000,000, and
These bonas will be
being the first call on the bonds of 1867.
paid on and after the first day of April, 1879, and interest will
The description is as follows:
cease on that day.
Coupon bonds, dated July !, 1867— .$30, No. 1 to No. .5,000, both inclusive; $100, No. 1 to No. 5,000, both iiicluaivo; $500, No. 1 to No. 6,000,
both inclusive; $1,000. No. 1 to No. 6,000, both inclusive. Total oouiwn,
$0,000,000.
Registm-cd bonds— $30, No, 1 to No, 182, both inclusive; $100, No. 1
to No, l,300,both inclusive; $.500, Na, 1 to No, 1,0,30, bofli inclusive;
$1,000, No, 1 to No. 3,700, both inclimive; $,3,000, No. 1 to No. 1,150,
both lucliLsivo $10,000, No. 1 to No. 1,000, both lucluslve. Total registered, $4,000,000.

ceived in a single day.

NATIONAL BANKS ORQANIZBD.
States Comptroller of tlie Currency farDiahes the
following statement of national banks organized
S,*)8—Yates Connty National Bank of Penn Yan, New York Anthorized
Andrew Oliver, President;
capital, $.'0,000; paid-in capital, J80,0(10.
Prank K. Durry, Cdsbier. Authorized to commence bUiineso December

The United

:

ao, 1878.

DIVIDBNON.
The f oUowliU! dividends have recently beat announced
Pbb

:

Whbh

BnttKfl (^L- BED
inclusive,)

Cbnt. Patablb (Days

Naiib ot CoxpAnT.

Railroads.
Branch

ftttleboronfrh

C'ayusa & Sa^qnehanna
Cheshire, prof ..

4K
$1
3

Delaware
Ba"tern,N.H
Baat Mnlianoy
Biet Punnsylvanla
Hou^atonic, pref. (qaar)
Lnwell ifc Andover
Mlneial Range payable In stock). .
Paterson A Hndso;: River
Pat(;r on & Ram po
Philadelphia & Tienton (qn»r.)
puts. Ft. W. & Chic, speciiilgn&r. (qnar.)
Pitts. Pt

PlttsBeld

Portland

J>^
SI 50
|,50

t«
ax

& Chic. gnar. (qnar.)
Adams
t^aco & Portemonth

{^

W.

&

>'o.

Providence & Worcester
River
WlnchCit.r & Po!im«c

Ware

3

Closing prices at the N. Y, Board have been as follows:

Jan. 1.
Jan. 2.
Jan. 6.
Jan.
Jan. 6.
JunjUIo.

Jan. 21.
Jan, 15. Jan. S to Jan, 16
Jail.

1.

Jan.
Jan,
Jan,
Jan,
Jan.
Jan.
Jan.
Jan,
Jan,

3.

Dec. 21 to Jan.

I

2.
7.
1.

10.

Bast River Nat
Second Nat

»H

ThirdNat

4

.Tan,

5

On dem.
On dem,

"Jan.

S
5
S

Mercantile Fire
.

ParkPre
"

Rldgewood IB'klyn)
Sikfegaard Fire
AlarFire

..

Jan,
Jan,
Jan,
Jan,
Jan,

3.

*

10038 10038
10914 1093a

coup,
1805... reg,

1863 .coup.

*102i4
•10538
•105
'108
•lOV's
•108
IOOI3
lOOio
•10438
'1043e
993f
•10038

reg,

1891

coup.

Jan, 22,

10218
IO514
105

108
108
IO8I3

100 iij

102 H

10214 •10214
x023a 10214
'103
105
x03 •105
IO8I4 108 3g
10814 •10818
xOoTg 100
107
107

IO318

103
'108

'108%
lOSie

100% 107
100% 100%
lOlia 104%
10412 104%
100 la

•1.19141 'II9I4

II9I2

3.

1003a IOOOb
XO038 •100%

10938

9912
10038

Jan.

104''8

1051)1

lOi's •104Ta
9;)%
99 13
X9912
9914
1191^ •1191a

•9939

made at the Board,
London for three weeks paat and

This is the price bid; no gate was

6.

2
8
2

Jan,

11 to .Ian, 15

Thia price was

Dec.

Deo.

Jan,

Range

20.

27.

3,

Lowest.

for year 1878.

Highest.

104% IOII4 IOII2 104i4Deo, 23 109=8 June 8
110 109% 11058 IO412 Feb, 25 lll=8JiUy30

U. a. 68, 5-208, 1867.
U. 8. 5s, 10-408
58 of 1881
4159 of 1891
*

»»

2.

6,

inisGellaneoas.

New Central Coal

Jan.

1.

Closing prices of securities in
the range during 1878, were as follows:

On dem
Ou dem.

.

Jan.

31.

2.

Inaaranee.
M. Y Citv
Niacarn Fire

Dec.

30.

reg,
48, 1907
coup,
4s, 1907
08, cur'cy, '93-99. reg.

1H

Hanover Fire
Hoffman Fire

Deo.

28.

Os, 5-208,1868 .001111,
rog,
58, 10-4()8
coup,
58, 10-408
53, fund,, 1881.. .reg,
5s, fund,, 1881.. coup,

4I38,

Ifanks.
Jan.
Jan,

Dec.

Period
reg,

4138,1891

1

1,

Jan

Central Nat

4

6s, 1881
68, 1881
Ga, 5-20S,
Os, 5-20a,

Interest

68,5-208, 1807... reg,
Os, 5-20a, 1807 .coup.
08, 5-20a, 1868... reg.

3,

10,

;

108=8 108=8 109=8 10338 Mob, 1 10914 Dec. 31
Feb, 85 I0714 J'ly 30*
again reached on Deo. 31.

100% 1061a 107=8 1021s

and Railroad Bonds.— In State bonds the principal
transactions have been in Louisiana consols, which sold as low as
68 to-day, in consequence of the default on January interest. The
funding association of the United S ates invites the holders of
Virginia bonds to join in urging upon the Ixigislature of that
State the issue on certain terms of 4 per cent bonds in place of
the old bonds outstanding.
State

PKinAY,

J.IN. 3, 1819-5 P. IB.
The money market and Financial Situation There is
but one topic of engrossing interest this weelt, and that is the
resumption of specie payments.
he 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.
As the premium on gold lias been only nominal for some
time past the practical changes in the channels of business are
bnt slight, but all parties having gold accounts can now discontinne them, as the banks have done away with their special
gold deposits.
The opinion is quite generally held that the
resumption of specie payments by the Government under existing
circumstances is a practicable and legitimate measure. There is
no prospect of any speedy demand for coin which can drain the
supply ot the '1 reasury, and as to the remote future, it is far
better to trust in the ability to maintain specie payments under
a
careful and judicious administration of the government finances,
and resume at once, rather than delay the day of resumption and
offer encouragement for all sorts of financial nostrums calculated
to prolong the uncertainty which has already been so baneful
to
the country's best interests, A buoyant tone has been noticed at
the Stock Exchange, and the prices of bonds and all classes
of
investment securities have been very strong.
The money market has worked more easily than is usual at the
opening of the year, and on call loans the rates have been
4@>6
per cent. Prime paper is in moderate supply and moves
at iiflb
'1

.

-

.

'

•

m per cent.

The Bank

of England weekly statement on Thursday
showed
a gain of £635,000 in specie for the week, and a reserve of
28 7-16
-per cent of liabilities, against 27i per ceut the previous
week
1 be posted rate of discount remains at 5 per cent.
The Bank of
France lo.st 30,000,000 francs in specie.

The last stateiuent of the New York City Clearing-House banks
lasued December 28, showed an increase of
|873,675 in the excess
above their 25 per cent legal reserve, the whole of such
excess
$10,478,77.1, 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.

^m

Railroad bonds have been very active, and the Stock Exchange
show heavy sales throughout. Prices are held with great
firmness, and it is not unusual to observe an advance of 1(3.5 per
cent in opular bonds within the past few days.
he most conspicuous wore the New York City Elevated Kailroad 7s, which,
on large sales, have advanced to 103J, ex-interest.
Closing prices ot leading State and Railroad Bonds for two
weeks past, and the range for the year 1878, have been aa follows:
,
lists

'1

1

'

'.

States.
Louisiana consols
Missonii Os, '89 or '90

North Carolina 08, old
Tennessee Os, old
Virginia Os, consol

do
do
2d series..
Dist. of Coliuubia, 3-65a
Raii.eoads.
Centralof N. J. lat consol....
Central Paciflc Ist, 6a, gold..
Chic. Burl.
Q. consols 7s.
Chic. & Northwest. cp,,gol(l
Chic, M,& St. P. cons. s. f 7s
Chic. It. I. & Pac. 6a, 1917...

&

.

Dec.

Jan,

27.

3,

Ran ge during
Lowest.

701a
681a 6GI4 Dec. 31 85
106 '9 •x03% 1021a Aug, 23 108
•I8I4 •18^ 15
McTi.2i) 20
•3019 30 Nov. 7 .19=8
37
•73 12 •74
Nov. 29 78
35 29 July 31 41
791a 7-1 Apr. 12 85
•85

•97

108-*i

x03% 103=8 Jau. 15 lOB'Ja
xl4% 109 Jan. 2 117%

117

102=8 1031a
101% x9»ia

6li4Meb. 4

Jan. 14
Jau, 5
x08% 106 Jan. 5
Erie Ist, 7a. extended
'113
115
110 Jan. 7
Lakes, &M,S, Ist cons,, cp..
'xlS-a 109 Jau, 10
Michigan Central consol, 7s.. ili'a
105 le Jan, 5
Morris & Essex 1st mort..
116=8 1151a Jau, .3
N. Y, Cent, & Hud, Ist.op.. .. l^'i" 'xll8
1171a Sept.lO
Ohio & Miss, cons. sink. I'd
103 19 105
OS's Fob. 20
Pitts, Ft, Wayne & Cble, Ist.. '121''8 'xl8ia 118
Feb. 8
St. Ijouis & Iron Mt. 1st
10212 Sept. 20
Union Pacillc lat, 6.%, gold
lOS^^s x05% 103=8 Jan.
7
do
sinking fund
108 1« 108
92=8 Mob. 6
• This Is the price bid
no »ale was made at the Board,
.

m

1878,

Highest.

iim

flip's

91%

90

Feb. 11

June22
2
May 14
Nov. 29
Deo. '6
June 10
Deo.

July 11
Doo. 27

Deo. 30
10038 Nov. 30
10'2% .May 25

llli4Deo. 38
116i4July 8
114 Sept.26
115 Oct. 29
121 Oct. 8
122 Juno 26
103 Nov. 18
122 Oct. 18
1091a Doo. 6
109 Deo. 26
109 Deo. 30

:

1878,
De«. 28.

Loans and dls.
Speoio
Clrrulatlon

«2i«5.824,400

20,514.100

..

Wet dcpoalta

.

Legal tenders.

JJt-il^-'"^
203.209,700
40,767,100

Differ'nces fr'm

previous week.

1877.
Doo. 29.

1876.
Deo. 30.

Dec. $149,700 $239,173,900 $253,328,600
Dec.
397,400
23,122,400
33,049,700
"«*•
»00,300
19,657.800
15,268,700
Dec.
415,900 197.711800 212,461,100
Inc. 1.107,100
35,300,500
34,975,100

united State. Bond.._The week has been
very active
Government bond dealings, as might naturally have been in
ex

pected.
There is a well distributed business throughout
the
of low interest bonds, the fives of 1881,
4i per cents and
sixes of 1881 apparently receiving most attention
from those' who
are selling out five-twenties. Subscriptions to
the 4 per centq
are reported larer, th« Washington despatches
Jan. 2 rei)orti
total subscriptions that dar of
$8,590,120, the largest

Wb

ever

Kailroad and mucellaneou. Stoeks—The
stock market
Has

partaken of the general buoyancy and prices
have been
strong throughout the list. There bas
been no special bull morement to carry up prices at this time, but under the
confident lone
which I. goneially felt in financial circles,
the stock market has
naturally been the first to reflect
the cheerful feeling which is
prevalent.
The conclusion is fairiy drawn, tUat there is a
oon8 derable outside support to the ma'ket, and tbat the
present
purchases
of
others
than
brokers them1!* V'^
l^wJ M
^f*^ all
selves.
Neariy
classes of stocks have shared in the
rise, iaoluding the grangers, trunk lines, and
coal roid stocks.
The arrangements to have a line of steamers run
in connection with
H"'l^''° has contributed to advlnw
lT,Wv^°/''i5r*:''V'""* '^''"'
Milwaukee & St. Paul for the
^on 1? of December
n" ' "'""u'month
shows a considerable increase in earnings
earninw
over the same month of last year.

L

.

.

Januarx

CmiONlCLE.

THJj:

4, 1876.)

The

daily highest Aad lowest prices hav9 been as follows:

The

M

1

.

15

of

ranire

»

ffold,

and e\e»tiag» and bsiances, were as

follows:
Oaturdar,
Doc.

W

I

Mondar,

I

Dec. 30.

Tuwdar, Wedn'ad'r Thunday,
Deo. SL
Jan. 1.
Jan. a

Frldar,.

Jan. 8

owe. Hurl* 6
C. Mil. A St. I'
pr«'f.
do
Chic.

A

C.

nrt'f.

A

li. I.

])ol..t

Hcl.

Doo.
"
"
Jan.

Noilh

ilo

1'!

I

N.V

I

(?

ft II.

.

I

l)l]Ui& Ml««...
I'ltclllcMul....

UnloQ

The

00

Weill. FarKO..
Qalckitlver. ...

•

46

49

.

f

KH

9.5

Those are
<)

tlio

ana

prlcoa IjUl

AUo, ex

(liv.

week

Total sales of the

St.

St.

Paul.

a.skert

uo

;

X(Uf

in leading stocks

Paul Northwpst.

prof.

.N'rtliw,
prof.
I

Doo. 28 ...
'•
30....
"
31 ....
Jan.
1 ....
2....
"
3....

Total

47.200

.

.

.

Whole srnck.

was

5,100

8,8.50

18,400

11,84.5

21,72.-i|

8,000

20.200
11,300

10,000
11,355

r,AOO
7,615

.

I.'i4.04

.

14,060
16,300
10,300

OjOlO
Holi day

niiule at tho
Also, ex div.

Board.
atOS>a

West,
West. Un. Tel.

Del. L.

&

I

13,222
32,950
23,270

30,640
34,855

10,26(1

27,820
22,000

49,390 119,262
215.250 524.000 350.849 494,665

71,59.i* 6.S,37.i 163,975!

122.794

4n.a,'i8

—

.

JLatest earnings reported.

BASNIKOS.
Week or Mo. 1878.
Atcb. Top. & 8. F.3d wk Deo. $80,000

— ^Jan.

given in the

West... November.

.

.

.

Beads

fur tho period i)rior to Jane 1.
operation of this road
t Diirinj; October and a part of September, the
Muth of Artcsla, a, distance of 219 miles, was entirely suspended, owing
to yellow fcrer restrictious.

qaotation

Silver is quoted in London at 49{d. per oz.. The
following is a statement of the coinage of the Philadelphia Mint
for the year 1878

for gold loans.

Easlfs
naif eairleil
Three dollars...
Siwi ler euglfis.
ollars

Totiilgold

Dollars

Trade dollars
B«lfdoUar«

Dime*

;

Denomination.
$10,872,900 Quarter dollars
738,000 'I wonty cents..,
058.700 Dimes
Total silver
246,972
715,650 FivecentA
Three
ocnts
3,020
13,235,212 One lent
10,509,530
Total base
Value.

'.

900
689,200

A

— 07 » — 981^
— 98 9—99
— 92 %—
dollars.. — 84 '3—89

>«

dimes.

Silver Hs and <as.
FlvofraiioD

Mexican

4 75 » 4
— 63 » —
— 98 3) —
Now silver dollars — OO's® —
English silver

Pms. sllv.

80

....

70'

thalors.

9&

Trade dollars

par.aisprem.

par.

demand.

Jan.

60 days.

3.

4.8(i'4a4,

4.80 314.81
4.79is-a4.80ia

4.85 ©4. 86
4.84 12»4, 86

Paris (: ran cs)
A nt werp ( francs)

5.24383.5.21

5.2438a5.21>4

5.21 '4 a.5. 18%.
5.2114 85. 18\

.

gwi.ss (francs)
Amsterdam (auildors)

City

40*t

95
94%» 95
94:<t9 96
94=^^ 95

BanRs. —The following

statement shows the.
Banks of New Tork City for the week
the commencement of business on Dec. 2S, 1878
—
^AVEIUaK AMOUNT OF

ending at

:

.

$

$

$

New York

Specie.

Capital. Discounts.

Banki.

1,4W,I0J

aiiS.OOO

614.800

S,01X),000

Union
America

1,200,000
'"'. '.'
3,000,000
.
l.OXJ.OOO
Phoeuli
'"'.'...'.'.
1,000.001
City
Tradesmen's. ... l,n00,OXI
6 0,000
Fnlton
SOO.OOO
..
Chemical.
Merchants' Exch. 1.000,000
Gallatm National 1,000,030
300,000
Butchers'&Drov.
enO.OOO
Mechanics' &Tr.
30;\0OO
..
Greenwch
600,000
Leather Manf'rs.
300,000
Seventh Ward..
800,000
State of N. York
American Exha'e 6,000,000
5.000,000
Commerco
Broadway
1.000,000
Mercantile ..
1,000,000
Paciflc
422,700
.

'

.

Republic

...

Chatham
People's

Nicholas

.

..

401.000

..

Imnorlcra'&Trad 1,500,000
2,000,010
Park
Mech. Bkg.Ass'n 500.000
Groc.Ts'

800,000

r.

944,0)0
I,544,;00
11,61:1,000
15.SO5,;)O0

4,664,000
3.1(-4OO0
1,958,000

2.957.700

Shoe and Leather
Corn E.tchaDge
.Marine

a,r.0,:300

450,000
412,500

1.000,000
l,C0O,0O)
1,000,000
Continemal.. ... 1,'501«)0
300,000
Oriental .. .....
St.

1,.383,600

8,06.3,201

600,000
Irvln"
Metropolitan ... 3.00P,00II
Citizens' ........
600,000
1,0,XI,000
Nus'-an
.
..
.
500,000
Market

240.000
North River
.
250.000
East Kivcr
100.000
Manttfrs'.t Mer»
Fonrtn National 3 5 0,000
Central National. 3,0<W,U<;0
Second National. 30J.(00
75i,0O0
Ninth National..
500.000
Fir^t Natioial...
Third National..
988,700
800,0(0
N. Y. Nit. Exch.
Bjwerv National
850,000

500,!1(J0

9.674,700
3,125.900
3,461,S0O
1,095,000
1,238.000
Sil.lCO

1..3O0,OO0

700,000
North America..
.... I,ro0,000
Hanover

1,340900
1,7iO,.tOO

5,413,:00
i,»95.500
12,376.003
t,520,0C0
1,944.000
2,s9-2,S03
1,8:<9,603
3,64'),03J

S.38i,400
1,767,900
1,255,400
.",43 ,000
14.991.100
9.587,500
512,700
445,200
779,800
675,100

7,(S00

5,V6.3,900

66,600
41,700
131,500
1,100
216,000

4,5il,600
2,714.1,00
B,7i'4,600

1,968,000
S.alO.OOl
I,7O».80J
1,053,900
9.431, 700
2,356,700
1,8:8 SCO

19^,000
2,700
2i.ll00
28,800
45,000
ISt.OOO

1.SI0.:*I0

8j2,200
1,44U, 00

8.073,(00
9.302,800

1,713,900

a.H58,t0[)

412,i)00

S,73'i,a0
2,009.800
1,919,200
8,791,800
l,:2i,l'X»

1,866 (10)

7,173,000

3t9,00O

1.8.53.010
1.35,700

2.120.500
35.',i;oc)

1,I55.90(>

$565,200
120
16,800

Chase National..

l,t>97,.00

198,300

56,9.10

108,700
1,628,700
1,448,000
4S5.«00
789.200
l,4i8,«00
1,374,700
165,601
211,000

179,400

450,000
401,000
5,400

1,7:0.700
5,051, iCO

1,728,900
9,174 (Oi
1,748,700
1,795.200
1.612.700
«V4,20J
2,5:51,000
1.^ 3i',7tO

2,699,400

1.W4.300

46,100
85,8,0
3,500

Ui.WAI
25-;,000

2.418,000
!8,i«9,a00
11,683,800
411,900

817.70.)
14,OIKI,000

....
591,600

944,000
610,300

l8l',00J

8,858,500
I31.60P
114.20)
119,900

7t3,10«

8:4 000

3i0,00i

8,117 800

..

..

439.3CO
172.800
•>.i31,CC0

217,500
3,900
503 000
(i21,«00

669,600
4.700
764.400
3^S,000
1,093,600

688.NI0
291,800

R8.',030

627,700
527,800

185,600

404,5:iO
t2,0!5,20lr

l.r60,9C0

6,i2\noo

i,4U,009

1.S56.00C
8,ll3,80u

9.61V;0J
5.803,90
7 19.900
f06,000

2<il.4iX)

l,i:i«,7*i

278,70)

1,9.W,SM

S:9,"J00

:.b78,vx;

270,i)i)O

£97,530
45.OC0
799.000
-.f 9,400

;2\Oi0
lWi,000
.

_^

245,700

82,707,9)0 1)5.824,401 30,514,100 40,76r,lo'i-10S,»09,7ufi 19,578,71*

Total

No

44,000

3,769,.M)0

1,400

3.304,100
7,810.100
5.670,100
1,079.000
1,168,400

(.li!4,200

S.3,400

476,600
83,400

tion.

3,957,500

26;,PaO
1,329,400

20,003

*

»

591.0U0
214.000
l,li5.300 2,043,000
30I,2X)
14S.7uO
369,400
178,200
761,;00 2,263.:(00
626,100
194.700
361,000
170.800
8°,000
139,000
221.0J0
31,0:0
9.500
162.100
S84.00.)
403.900
180.400
39,400
"41,300
6:J,inO
93,5,000
1.290,000
1,515,600
1,:14),4'J0
891.30'
343,700
342.7.0
312. 4C0
612,900
!i7,l«)
681,800
15.5,100
643,100
60,^UO
134,.30)
I7,4C0
:340,00l
67,000
-53,810
478,100
.89i,6PO
47,400
649.000 1.773.003
379.300
915)0
4i,500
236,100
4iS,100
42,800
n2,8(W
74,500
463,000
253.0,10
I55,G0J
l«.'.7il0
718,6.0
68,8X)

M3,500

6,28J,S00
5,751,700
8,7iM,000

.

<

l,9rr,O0O
5,733.400
2,911,200

5,-354 20.1

Mechanics

Merchants'.! .... 2,000.000

t

8,lt9.-.i00

1,188,100

Circnla-

Deposits.

22:,M0

8,031,010

Net

Legal
Tenders.
1,109,SOO
i35,7uO
9r8.8J0
930.8
MO.OiX)

2,000,000
Manh.ittan'co.... 2,i50,0O0
.

750,000
300,000

58,186
Grand total......... $25,226,278

18%

4018®
94?ta

(!ondiiion of the Associated

NowYorkConnty

.57.ii08

86%

5.21i4a»5,

SO's® 40
94'8» 9498
91 '8® 9138
94 "8® 9438
9418® 94%

riainburg (reichmarks)
Frankfort (reichmarks)
Bremen (rciehmarks)
Berlin (reichmarks)

New Vork

14

5.2438®.5.21J4

German AmeriC'n

70

diiys.

4.81^34.8213
4.81>4»4.81%

Valne.

11,932,850
117

3

4.86%«4 871a

on London
Prime bankers'
Good bankers' and prime commercial
Good commercial
I>ocumi'nt:iry commercial
sterling bills

52,010
20,000
3,2C0
139,i00

:

Dmmninalion.
Donblo eagles

«4'is,688

following are quotations in gold for various coins:

Loans and

330,833 377,029
AUantie Miss.ih O November. 175,892 161.338 1,575,210 1,613,930
Bar. C. R.in. & N.3d wk Dec.
31,432
32.728 1,493,108 1,219,047
Burl. A Mo.R.in N. October.
307,5? 1 21(5,233 1,-553,677 1,036,083
Cairo A 8t. I.oui8. 1st wk Dec
4,419
3.833
206,093
220.019
Central Paeifte... November. 1,5 13,000 1,855.774 16,314,363 1,5.096,09;
Chlcajto AAlton..3dwkDcc.
93,906
65,119 4,622,894 4,386,140
Cblc. Burl, i Q... October. .1,368,318 1,290,114 11,746,897 10,285,021
Oliic. A E.ist. Ill .3dwkDee.
16,759
13,029
Chic. Mil. & St. P. December. 716,408
009,920 8,451,724 8,114.894
•Chic.&Northw.Ac.Novem ..1,403,728 1,230,412 13,407,690 11,786,672
Clev.Mt. V. & D .3d wkDec.
0.784
6,859
373,630
378,036
Dakota BoiitUern. November.
23,(i86
24,307
200,234
191,357
Denv. & P.io G.. November. 117,303
80,083 1,033,048
700,239
Dubuque&a.Citv.Sdwk Dec.
18,675
15,361
922,860
899,555
Grand Trunk.Wk.enu.Dcc. 21 174,308 207,601 8,733,915 9,249,859
Gr't Western Wk.end. Dec. 20
95,076 4,312,085 4,339.142
79,891
Houst. & Tex. C. November. 408,1:13 340,090
111. Cent. {Ill.line). November.
483,948 474,012 4,934,305 4.814,922
ao Iowa lines. November. 123,365 144,880 1,3.50.704 1.378.440
Indianap.Bl.&W. 3d WkDec.
21,.532 1,235,928 1,190,180
27,802
Int. &Gt. North. 3d wk Doc.
49.397
50,489 1,571,661 1.505,028
Kansas PiWitto.. .3d wk Doc.
61.449 3.638,913 3.238.124
57.473
Mo. Kans. & Tex SdwkDcc.
61,233
59,997 2,920.472 3,104,844
252,766 1,617,774 1,675,833
t Mobile A Ohio. November.
307,581
Na«hv. Ch. A St. L November. 156,994 158,731 1,482,129 1,580,145
P8d.AEli/..-ib.tht.2d wkDcc.
5.905
7,778
Pad. A Memphis. 2d wk Nov.
4,647
4.094
1.58.120
159.897
^hila. A Kiie
November. 317,167 353,446 2,695,752 2,915,250
Phlla. A Readiiifr.Moveiolier. 1,078,394 1,133,111 11,927,488 13.092.338
Bt.L.A.AT.H. (brs!3d wk Deo
12,3.50
9,337
487,064
508.040
St. I,. Iron Mt. A S.3d wk Dec.
119.000 154,218 4,443,715 4,393.188
et L. K. C. A No. .,3d wk Doc.
79,081
57,028 3,253,375 3,096.900
St. L. A 8.E.(St.L.12U wk Doc.
12,921
9,272
628,537
.592,406
(Kcu.).2d wk Doc.
do
7,169
7,288
341,429
316,047
do
(Tonn.).2dwk Doe.
3,523
2,983
165,503
145,442
Bt. Paul A 8. Clty.Novemhor.
57,584
07,445
554,615
498.357
Scioto Valley
November.
13,855
260,216
27,509
Stoiix City A St. P.Noveraber.
40,017
49.251
351,606
.309,141
Southern Mmn
Octolicr ...
44,430 110,014
535,305
536,238
Tol. Peoria A War .3d wk Dec
25,827
20,411 1,220,303 1,089,900
Union Pacific
November. 1,084,324 1,022,3.54 11,718,738 11,549,295
Wabash
91,519 4.919,539 4,479,710
3dwkDec. 82.073
• The flenres In tho last two colunuis do not embrace the Propriotary

'

27,188,000

Quotations for foreign exchange are as follows:

1 to latest datc.-^

1877.
1878.
1877.
$33,172 $3,850,847 $2,620,392

Gold and Silver.— There is no gold market and no

$415,000

$

Shore.

The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
ooTumns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. I to, and including, the period mentioned in the second column.

A (It.

100
100

—

for

7,125
14,510
11,450
e,045

1,215.403
1.870,750

Kxcbanffe. The advices from Ix>ndon are considered better,
and bankers have advanced their rate on 60 days' bills to equalize

Late

51,130
10,650
21,700

I

$051,410

1,834,000

loaTg 100

.

i),200

Curronojr.

quotations with short-sight sterling. On actn'al transactions rates
were about 4'8'J(ce4"82i for bankers' 60 days' sterling, and 4'871

were as follows:

.

11.010, 11.015

11,430

;

The total number of shares of stock outstanding is
last line for the purpose of comparison.

Atl

100
100

Fine gold bars...

ex div. at II<J^fi>120>4.
at 73-<*73%.

1

.$951,150
1,213,000

...Holiday...

pref.

tFali'H wi'i-c!vl8om»(le

• iibV

7,818,000
30,140,000

$4 83 ®$4 83
3 83 a 3 88
4 74 •a 4 80
3 90 ® 4 00
Smui'h Doubloons. 15 70 al6 00
Mox. Doubloons.. 15 50 ®15 05
Fine silver bars .. 108 ® 109

...

Gold.

$.1,088,000

X X K(^lohm,arkg.
X Guilders

Pnolflc.

west. Un. Tei

AmurtcanKx..
United sutoD
do

100
100
100

Sovereigns
Naiioleons

Fauiuna
Wttuiah

Adanu Exp

100
100
100

This week 100 100
100
Prev. w'k 100
S'ce Jan. 1 102Tg 100

(1 II
prof.
IlllllallCeuC

^horo
Mlrti'^ian fcnl
MorriB .« Kitilt'X

100
100
100

1.
2..

w

L(»ki'

OoM
Clearing*.

28.. 100
ao.. 100
81.. 100

H.rnrml

noK.A-,
Krl-,»1 pi.ll..
llali. V At. .lu..
T

Qnotatlnnik-

OpouliiOW. High Cloa.

;

C'filral nf N.J

same as

report;

last

work.

deviations from returns of previous week are as follows
Dec. 5415.900
D^c.
Loans
S149,700 Net deposits.
600,800
Dec.
397.4(10 Clrcnlailon
.Dec.
>.
Spjite

The

:

I

Legal tend«r4

.

.

Inc..

I,167,10Ol

.-.—

—
.

..
.
,..
.
..
.

.....,

.

[Vol. XXVIII.

NEW

QUOTATIONS OF STOCKS AND BONDS IN
Bond* and

8.

YORK.
par may

Prinei represent the per cent value, tehatever the

BaUro'id Stocks arx quatti on a previous paje.

aetiet

.

,

THE CHRONICLE.

16
XT.

.

...

be

STATE BONDS.
«d.

AUMOW it. 1882.

y

St. 1BS<
do
8l, '.set
40
8a, 1833
do
B<, M.AE. RR..
do
do
Btt Ala. <kCh.8.
8a of 18K
do
8aof 1893
do
Ark*B**a 6a, funded. ...
do 7», L. R. » Ft. S. IM
do Ta MimpbU « L.R.
do 1a.L.«.*'.B.»N.O
do 7a, Miaa. O. * R. R
do 7a, Ark. Cent. UK...

Connecticut 6a
eeorgla 6a

43
43
IS
"is

SO
20

39

3

B

3

'5

3
3

Bid.

S2
93
93
S3
92
92
92

do
do
Michigan
do
do

B
9

Ulaaoarl

10S«

7a, newDonaa
do
7a, endoraed. ...
do
7a, gold bonda...
do
ntlnoU 6a, coupon, 1B79.
do Warloan
Kentncky6a
.

do
do
do
do

do
do
do
do

105
lu7

i6o«
ma
113
or

103

M<1

i03
103i<

1833. ...

189^

Funding, due 18)4-5
Han. 4: Bt. Joa., due 1886
do 1837
do

>

&

Clere. Col. CIn. 4 1
Cleve. * Pittsburg, guar..
Col. Chic, ft 1. Cent

Dabuque 4 Slou^

UltT.
Krle pref.,(2 assess, paid.

J:arlem

aUet4 Chicago

KaaaaaPactflc

Lone

4

Ml(>slseippl,pref
4 Ch.. guar,
special
do

4

Saratoga
Rome Watertown 4 Og.
Bt.Loula Allon4T. U ..
Benaaelaer

do

do

BelleTir,e4 80. Ill.,pref

United N.J. R. 4 (J.
niacel'ona Stocka,
District Telegraph.

Cedar F.

.

Silver Mining....

St. L. ,1st Is
lit. Ist

uhio

tax four

gua
111.

conp

Ucago 4 Alton ist mort.
do
d)

Income.

slnk'g fund
Collet 4 Cblcago,lBt m.
La. 4 Mo., Ist m., guar.

Bt.LJackA Cblclat m.
cue. Bar .4 Q. 8 p.c.lstm
do
consoi. m. 78
do
68 sink, fun 1
Ch.Rk.l 4P. ,a.f.lnc.6a,'»5.
6a,

t9'i7,conpon

8««

^

Keok.4D

70

7

'39

11

Cleve. F'Tllle

14

Buffalo
Buffalo

J3a
68>«

20

do

Istm.. LaC.D
l8lm.,l.4M..
Ist in.,

I.

4

U.

Istm., H.4D
1st m., C. 4 .M
lBtm.,78,

1.4D.EI
West. sink. fd

88H

do
do
do

86

7^«
99

do
do

5o\4

lo„ B3«

«

107!

ll»i.

103 14
101);

lOlS

99K
100
99 tr 161
llOti

- w,****

do

do

with coupon

7s.

conv

!06

m

Kaaex, ist,
2d mort.
bonds, 19(in.
conatruct'n
7b, of 1871
l*t con. guar

111

Rome
St. L.

„

]06i

93

ibo
tOB

»7

B.f

^'h mort....'
Ind. C, 1st mort

do

2d mort

Watert'n 4 Og.,con.
Iron Mountain, 1st

4

. ''o

Bt. L.

Alton

do

4 T.

lat

m

2dm.,

<•<>

H.,lat

mort

2d mort.,prei.

'2d mort. Inc'me
„ do
^
Belleville 4 S. Ill.u. ist m. 8»
ToL Peoria ft Warsaw, 1st K.L

102«
108^

4 Pitta., oonaol.,

do

111

8dm.

<lo

„''''
«
.
Col. Chic 4

93

117

98
93
j

nt
IOj

aomlnaL

t

sewerage
78, water
7s, river Improvem't
Cleveland 7fl, long
Detroit Water Works 7s
7s,

,-''''

And

68,

.

long
various

Long Island City
Newark City 7s long
do
Water 18,
Oawego78

79'ji

Georgia

109'

T99
110

85
107'"

'.07W

114
109
10:

g.

Houj.
HOUB.

,

73

is,

m

g., certs.

,

ft

Indianapolis 4 St. Louis Ist 76
Indlanap. 4 Vlncen. Ist 78, gr.
International (Texas) Ist 78.
Int.

H.

4 G.N, conv. 8s....

Kalamazoo

tl3

South H.

ft

Kansas City

16

IISS
14K

8s,

gr

'

& Cameron iCs.
Keokuk ft D.M., i»i 53, gr. R.i
Long Island RR., lat mort.
Louisv. 4 Naahv. cons. m. 7b!

100
88
45
36
64
20

do
2d m.. 78, g
Michigan Air Line Ss, 1890 .
Montclair ft G. L.lst Ts, (new/
113
N,J. Midland Ist 78, gold
109
106^ ,^. Y. Elevated UR.,i8t
....!
68X 5WN N. Y.&Osw.Mld.lat.... ."
iH4<
do recelv's ctfa.(labor)
32
36
"'o
(other)
n ,. '1°
110
Omaha
4 Southwestern RR. 3s
85
Oswego & Koine 78, guar
"
10.1

m

H

110

.,.,
•

••

'orcons'd

accrued interest.

84
70

64
90
71
20

90
49
105

Peoria I'ckln ft J. lat mort
Pullman Palace Car Co. stock,

Jo ..oils., 8s, 4th series
a.,
St. L. ft I. Mt. (Ark.
San
50

Bt. L. ft

Br.) 7s, g.
P., 2d m., class 1.

do
*"

„

.

"le

Sandusky Mans.
South Side, L.

25
10
"20
74
95
85

•to,.

do

guar

m. bonds

sink. fund..

South, Minn. Ist mort.

78, '38 ''

78. Isr

JJio price to-day

;

100

91

20
I13>i

th».e u.e latest

100

1U9
98
100

52
73

Nashville
68,

New

27>(i

58..

Ss

old

68,

new
Orliana prem.

5b.

ConsoIIdiiiedSs..
Rullroad, 6s

Norfolk 68
Petersburg

,.

6s

68

old

78,

Wllm'ton',N.c'.,6B,g".'j' coil

SB.gold

on

{

30

'36

i'd

75
80
83
36
23

85
85
39
38
30

19
93

lOO'

lot

no

103
64
64

104

73

67
B7
85

RAII.ROADS.
Ala.ftChat.,Rec'sctf8 ,vai
Atlantic ft Gulf, cousol..
Consoi., end. by Savan'h
Carolina Cent. Ist in. 68,f
!:^i
Cent. Georgia consol.m,

Stock
Charl'te Col.4A., cons. 7s
do
2d 7s.
do

20
SO

38
35

104

106

69
87
57

72

Darlington ss
East Tenn. ft Georgia 68
E. Tenn.ft Va. Ps.end.Ten^
E. Tenn. Va. 4 Oa. 1st. 78,
Stock

103
HO

Georgia RR. 78

106

Cheraw

ft

«8

stock
Greenville
7s, guar.

4

Col. 7s, Ist m.

-sei
Macon 4 Ang.21endor8<
It 7
Memphis 4 Cha'ston 1st

Kock Is
Cent. Ist m.

Little

Mississippi
2d mort., ex coupon**...
Miss, ft Tenn. 1st m. 88,
Ist mort., 8s,

*

B

ft Ohio sterling 8a
Sterling ex cert. 68
8a, Interest
2d mort. 8s

Mobile

.

New let mort
New debeuiurea

..,

N. u. ft Jacks. Ist m.
Certlflcate, 2d mort.
ft St. L. 7
Ss.
88.

Nashville Chat,

00
100

35
98
70
'as

92
97
76

5«

9S
102
45
110
102

75
90
38
97

98W
80

8

33

40

102
91
108

105

82
67
67
50
15

75
23
lOd
"0'9

Tenn.ft Pac Hr
87
lBt,6«,Mc.M.M.W.4Al.B_
ft Decatur Ist 7
io'o'
Morfoik4PeterBb.l8tm.8
103
Ist mort. 7b.
100
2d mort. 88
92

93
110
85

73
72
55
20

S«
108
101
102

1st, 68,

87

i05H 106

class B.
class c.

ad,

let

ioi

104K 104H

4 Newark 78

1.,

93
94
85

88

a,
T ^S°,
St. L.ftSo'eael.
cons.78,gold,'9.1
St. Louis Vandalla ft T. H. Ist.
.

72

105« 103

'25
104
6

New

stock

100

97
103
97
97
48

AC. RK.

6s, funded
Montgomery, new

Memph, 4

90
90
70
97
91
92
83

100

115

loa

Compromise

92'

^«

86 >,

Endorsed, M.

Savannah

l')l>j

15
.lack.L. ft s. 3a,lst m., "white" tl02
Kal. Allegau. ft G. R. 8s, gr
99

J 13

t

Gt. N. lat

Ss, isf

Texaa C. 1st 7s, gold.
do
West, div
do
Waco.
consoi. bds..
„ *"
Bloom, ft West., 1st

tnJ.

71«

4

notgu.
ex l.g. ,8.

60
109

1:3

NIacon bonds, 78

Klchmond

77J(i

90
97
83
40
30
62
18
87

tll2
tllS
tlOl

bonds

7s,

Mobile 58 (coups, on).
8b (coupons on) ....

105
!

Columbus, 6a.,
Lynchburg 6s

75
71
104
tlOS
98

tllO« lllX
...

AuguBta, Ga., 78, bonds.
Charleston stock 68.
Charleston. 8. C, 7s, F. L

Memphis bond« C
Bonds A and B

tll2

44
73
48

CITIES.

:02
111

1S08.

43
71
46

lOIJi 103

tlO«>»
t:o9
lio
tllO}< 112«

Ist'is, 1. g.,

1st

consols, A.j

_,

6s. 18i9-'89..

Carolina con. Ss (good)
46
Rejected (best sort) ..
TexaB?s, 1892
M.48 tl03

tl09

119
102

2dm.

6s,

..

7s, gold, 1892-1910.. J.ftJ
7a, gold. 1901
J.ftJ
lOa, pension, 1894.. J.ftJ

tl()8

.

do

C
S.

JlIO
;93

long,... 1112
tlOI

Atchison ft P. Peiik, 6». gold
Boston ft N. Y. Air Line. Ist m
Cairo ft Fulton, 1st 7s, gold.
California Pac. RR., 78, gold

lOO^i

1135
* i'rtce

do
do
do

76W

do
1st W. D.
esH 98
do
Burllogt'n I>Iv
do
2dmorl. InSi;
120
do
consoi."", 1910
do P.Cora. Kcpta,ist.E'.b ;20
98
do
50
Ist.w.D
97
18
00
do
Bur. D
00 latpref.lnc for2iM

T«i ^*!» V

i«o

B,5s

RAILROADS.

XO^

,

135

extended
conp. M, 189.
Ja.

Cleve.

100
94

1st

reg.

„, ""O

99M
79M
V7«

STATES.
Alabama new
107«

108
112
102
tio<% 107
tl09
110

Buffalo Water, long...
6s. long dates

Orand River Valley

do Den.Dlv.Trast Re .
do Detat-hed conp. do

10634

I'oV

iBrokera" QuotattouH.)

103
110
tlOl

Poughkeepsle Water.
Kocneeter C. Water hd».,
91W Toledo 8s, water, 1894-'»4
Toledo 7-308. ...
Yonkers Water, due 19W

..

109M 110
Pennaylvania RK—
ItOH
Pitta. Ft. W. 4 Chic, Istm.
103
00
do
2d m.

<lo

long

Indianapolis 7-308

..

ctf^

T., 6s,

do
do

Inc. cp. No. iion 1916
Inc. CO. No 16 00 1916

iBtmort..

D«L*Bnd.Caaal, i«t m..'8<
do 189
50

30
do
do

do 2d mort. ,78.1356.

lUH

113
106

ii«H

.

lOlH

107

Morris

4

104K

s
71
62

Waterworks

Chicago

iBt

Kansas Pac, 1st m. 6s, 1995.
do
with coup, c.f 8.
do Istm.. 6s, 1S96 ...
do
with coup. ctfs,
do iBt, 18, Leaden. Or., *9i}
do
with coun ctfs
do lBt,7»,R.4L.O.D'd.'98
do
with coup, ctfs
do 1st m.. 73, rd gr.,
do
wlib coup, ctfs,

79«

"im

Sontb'n Secnrltleal

79J4

.

Income, 78.
Caron't B
South Pac. of Mo., 1st m ...

40
8

ft Logansport 78.
Un. Paclflc, Bo. Br., Ss. g.

.

Pacific R. of Mo., 1st mort..
do
2d mort

MH

biii

.

~H
7«>4

Union

MM

IP

consolidated
2d do
IstSprlng. dly.

Columbia 3'<58, I9U
do
small
do
registered

Atlanta, Ua., 78

180
120

bonds
do San Joaquin branch
do Cal. ft Oregon lat .
do St-vte Aid bonds
do Land Grant bonda..
Western Paclflc bonds
Southern Pac. of Cal.. 1st m.
Union Paclflc, 1st mort. b'db
Land grants, Ts.
do
do
Sinking fund..

87

lOlK

ilo

7tJH

.,

deferred bonds

Tol. Can. 8. ftDet. l»t 78, g

Central of Iowa Istm. 78, gold.
Chic, ft Can. South Istm. g. 7s.
Chic. 4 East. 111. 1st mort., 6s
do
2d m, inc. 7s.
104K unit Sh.St.P.ft MInneap., 68,g.,new
88
do
1O1J4.105
do
1. gr., 68, g
43
Chic. 4 S'thwestern 78, guar
104HI
CIn. Lafayette ft Chic, Ist m.
72
78
Col. ft Hock V. 1st 7s, 39 years. tl03>i \MH
do
1st 78, 10 years. t99
101
do
2d
20
105H
78,
years.. t90
91
Dan. Urb. Bl. ft P. ist m. 7e, g.
91M
3H
40
Denver Pac, 1st m.78, ld.gr.jr.
94H
35
41
Erie ft Plttabnrgh 1st 7b. . . ... 100
do
95X 99J<
con. m., 78..
b9
103!^ 104
do
78, equip...
78
9S
Evansvllle ft Crawfordsv., 7b.
ib'i
105
..^om Bvansvllle Hen. 4 Nashv. 7s.
41
lOs^'lou
Evansvllle, T. H. 4 Chic 7s. g.
48
53
107i)i;i08>< Flint 4 Pere M. 8e,Land grant
•85
90
lOjJi OOH Fort W., Jackson 4 Sag. Ss," 89
30
40
103
Orand H.ft Ind. Ist 7b, l.g., gu.
99

1885

Pacific RailroadsCentral Paclflc gold

108%

Albany,N.

i04>s

188.3

Hudson R. 7e, 2d m., s.f .,
Canada South., 1st guar

107«
j:o3
00

.

.

96>,

consoi. bonda
consoi., 2d aeries..

26
26
28
74
St
35

AND BONDS.

-.x.

do

lI2,Mi

. .

1

1867

ez matured coup....

,

Elizabeth city, short

104J^

S!>«

1886

Hartford

6s, 1887
do
do
68, real estate..
lOJH
do
68, subscription,
103>,
do 4 Hudson, Ist m., coup 118
nsn'
do
do
Istm., reg. }:21

i62>i
107>»

do mcrt.. .s, itin
Brr. Blngh.4};.r. ;.t,i(
do
do
do

7&, 1902.

tlOfl

West., 2d

100

Istm. 8s. .882, s.f.
CQUlpment bonds.
Mo.K4T.,con8 ass., i90i-5-s.
50
2iira.lnr., 1911
do
3
H. 4 Cent. Mo Ist, 1890
4?« New Jersey Southern Ist m. 7b

bonds.

cp4ld.bda
reg. do
IowaM1<!land, :st m.8a
Galena 4 Chicago Ext
Peninsula 1st m., conv
Chic. 4 .Mllw.. 1st mort
Winona 4 Bt. P., lat m.
do
2d mor(.
^
C.C.C.41nd'alatm.78,8K.
do
consoi. m.bdt

do

new bonds...
State Line 7s .....

*

old
bonds, 1866
1866.

do

3...

iBroters' Quotations,)

Erie,

4

*

68,

new

D. of

niscellaneona List.

lUH

new bds

do
ft

6s,
6a,
6s,
6s,
6a,
6b,

'

iotSi;:::
lu>>t(110
lOOJs 10.ij»

*

tfon-fuQdable bonds
Taanesaee 6s, old
do
6a, new
do
68, new series

Virginia

orxiES.

Ash., old bds

consoi. bds
ezt'n bds.,

Int.

'89
31

. .

consol.slnk.fd

'Mm

lOlH

do
do

Ch Jlll.*8t.P.; St m.Ss.p.D 12^K
do
ad

DaLLack.*

iiov

Harlem, 1st mort. Is, coup...
.do
do
7s. reg
lOlM North Missouri, 1st mort
100%
Ohio 4 MlSB., consoi, sink. fd.

.88enle<l.

m. 7 310, do
lsl7s, tg ,k.ri

4

Mich. Cent., consoi.

28)4

72^

do
do
do
do
do
do

10 :«
loe
107

Kalamazoo 4 W. Pigeon, iBt JlOO
110
Det. Mon. 4 ToL.lst 78, 1906
11:
Lake Shore Div. bonds
Cons. coup.. iBt. I18X
do
113
Cons, reg., I8t..
do
Cons, coup., 2d..
do
Cons, reg., 2d
do
Marietta 4 Cln. lat mort

100

33H

fesseated...

CUC.4M.

105«

sinking fmid..

N. Y. Centrales,

do

do
do
do
do
do
do
do
do
do

1?^'*

,

mil

do

94

new bonds

do

20

M'B.lst I g.Jis
.
., 1st m., ^90
lat conaol.

N J

4 Tol.

Cleve.

"4

128

do

do
conv
do
a88en'cd...
do
adj'mt b., 1903.
L«hl(h4 W.B.con.guar
do
do asstiiled.
Am. Dock 4 Imp. bonds
_

995«

Minn., 1st mort..
ft W., Ist mort..

do

"Hh

108J<

(a, 1917, reglat'd

Central of

108

19«
19

Wabash,
coupun
do Istm.St.L. div
110
do ex .matured coup....
100
2d mort
do
do Extended, ex coup..
97
00 eqnlp't bonds
JI18
do con. convert
tll8
do ex coupon
9J
Great Western, l8t m., 1888..
do
ex coupon
do
2d mort., '93
I'o
ex coupon
Qulncy 4 Toledo, ut m., '90.
ex coupon
o
Illinois 4 So. Iowa, 1st mort
do
ex coupon
lOlK
Pekin Llnc'ln 4 Dec't'r,lst m
Western Union Tel., 1900,cp,..
do
do
reg,,

.

Railroad Honda.
(8U>c> Exckan/je lYicet..
Boston H. 4 Krle, Ist m,.
do
guar. ...
Bn-. C. K * North., 1st 58.

ft

Class

4

Tol.

2d mort.
do
do
Lake ShoreMich 8. ft N.Ind., 8.F., 7 p.c.

101

10

4

J90

.1

101

Indlanap. Bl.

100

Uaryland Coal
Pennaylvania Coal
Boring Mountain Coal
Uu'lpoaaL. 4 M. Co
do
pref
do

do

ulv., cp.

Cen.— Dub.ftSloux C.latm
do
2d div.
do

Ul.

23H 25

Mlnn.4

Pa

Ist

,

E.lBt.m.,1916...
Buff. N. Y.
Han. ft Bt. Jo., 88. conv. mort.

149
167« 180

"anton Co., Baltimore....
American Coal
OonBOlldat'n Coal of Md.
Cumberland Coal 4 Iron.

ClieaA.

4 Uud

7aof

1,

Ohlo6s,1881
t

act, 1864...
13S9, J.
J. . ,
1389, A.
O...,
1833

Land C,

Classy.

do
do

niISCEI.I.ANEOVS STOCKS

119

140

28^ 29

Atlantic* Pac. Tel

OnUrl'

...

.

pref.

St. L. 1. Mt 4 Southern...
St. L. K. C. 4 North'n.pref
TerreHaute4 luirpolla..

Am.

....

*

PllU. Ft. W.

do

102

102

do reg
AlbanyftSusq. lat bds... .
do
^A *to
21
no
8d bonds...
do
47
1st C'lD'*. fUH
dt
80
Bens. 4 Saratoga, 1st C"np
latre?.-.
do
35H
Denv.4 Rio Grande Ut ra.,1900
Bne, 1st mort., extended.
"(i
96^ 60
do 2d do 7s, 1879....
do Sd do 7b, 1883. ..
do 4th do 78,1830....
140
do 5th do 78,1888....
do Long Dock bonds..

laland

Ulaaonrl Kansas 4 Texas.
KaahT. cha'. 4 St. Louis
New Torn Elevaiea Kit..
». T. New Haven 4 Hart

Ohio

...

Funding

LandC,

.

Special tax, Class

103
103

76>i

Northern.
Canada Southern
Chleago 6k Alton
prof
do
Burl. C. Rap.

do coup.. !887........
do loan. ..1883.
do do ..1891
1893
do do
<•,
do do .1393
^orth Carolina—
6B,old. J.& J
do
A.&O
J.4 J
N.C.KR
A.&O
do
do coup. off. J. A J
do do off, A.& O....
FBndlngact, 1366
do
ETew bonds, J. & J ..
do
A. AO.

do

Del

.

...

103M

'90

RAILROAD AND
Railroad !«(ocKa.
Active preri' usty (juot'd
Albany A Susquehanna.

97

lOlit

'83

1386

or

1389

Asylum or Un.,due

107
103
103
:oi

...

'93H

6s, cp.,
«8.
.

Sjutb Carolina
Jan. A July
April* Oct

go!a, reg....l88T,

6a,
6s,
6s,

...

69

68, 1373-79
6a, 18S3
7a, 1890
68, due 1832

R^ode Island

f
New
Tork State—

»:« 6*

7a,Bmall

SBOUBITIBa.

BBOaBTTIBe.

Aak.

19'

88, of 1910
7a, consolidated

do

i!0

3

aBonBiTiBa

Datalani 6a
6b, new
do
68, new float's debt,
do
do
7«, PeultentUry
6a,leTee
do
do
8a, do
8a, do 1875
do

•k.

"43"

'27
105

7
30
23

114H
93
40
75

m%

90
60

Naahyllle

.

!4orthea8t., B.C., Ist
ad mort. 8s

m.

Orange ftAlex'drla,

let8,S

^ds,6B
3dB,S8
4thB^8s
Rich. Fred,

70
95
85

20H

.-

Potomac

7s, 1902,
78, non

low N08
mort
4 Char .Ist m.

Cha'ston

&

Sav.

fis,

mort.
2d m.88, guar
Ala., 1st

end
8s..

PAST DOE COUPONS.
Virginia coupons
Consoi. eoiip..

ntv i-otinon'
quo..tloua madTtHu weei&.

90
SB
72
SO
U5
100
80
103
80

85
110

9'2

36
,

7i

Tennessee State coupons..
South Carolina consoi,
M<"nnti1s

1(3

12
68

mort. 78
Danv. let consol.6i
South we8t.,Ga,,conv 7s,'
Southwestern. Ga., atock
S. Carolina RR. Ist m. 7a

West
104

ft

8b

Klch.ft

savannah
32

88«

'5

32

PO
106
106

108

15
40

20
76
30

10
40

108

1

Janvary

:

THE (mRONlCLEw

4. 1879.1

iiaNiMas or lono liLxRO bailboad aito leasid

Juucstmcnts

uHm.

tin.

AND

Prom puienseri
From rrelKht.
From exprt'SS
From botritflgo
,
From wharfaira
From tolfic-aph
From United Slates mall
From ul«s of old material

1«7S.

fWlitU

tl,iq>.7M

M7.M9

.

STATE, CITY AND CORPORATION FINANCES.
publlHUed oD tbe iMt Saturday
of each month, and furniBhed to all reenlar aabHoribem of the
ChhoniCi.k. No aioKlo copies of the Supplkmknt are sold at the
only a autBcient number ia printed to lupply regalar
office,
ub«crlber«. One number o( the Supplkmknt, however, is bound
ap with Tub Financial Review (Annual), and can be purchased

The iNVBSTOKB'SarPLKMBNT

17

Is

M

».tn

18MS
1«1

1,144

1,719

».71S

16.MS
t«,MO

14,307

Rents of baildlDgs, land, newspaper
ges,

U,303

ao7

prlvllt^

MW

Ac

Total
Less proportion
proport
of earnings for otlier roadi

and

$1,537,311

ferries.
f

3^,400

in that shape.
TotsI earnings

ANNUAL REPORTS.

$1,473,177

$1.4»7i«U

Operating expenses

I,0(>u,477

1,000,019

Neteamlni{8

$412,700

$l»r,Et5

Proportion of vorking expenses to gross
receipts

72 p.

FltctabnriT Railroad.

directors' thirty -seventh

Receipts.

From
"
*'

pii^engers

$M),356

freight

1,0»1.6I5
37,5S3

express
mails
rent of property

"
"

80,»li

24,»20- $1,S1?,1.^7

Premlnm on bunds
Bent

ll,31i

ot roads

107,«4
$1,93:,!;33

Expendituret.

For rent of
'•

AM.

road, V.
rent of road. C'onu.

" interest on bonds
" Interest, oilier

$1,354,641
83',94l
3.750
65,iOD

R. R.»

R.R.

R

1.684, 167

Net earnings

$i53.

A

Interest pall on tbe funded debt ef the Vermont
Railroad, and the amouut paid Into tbe siniklng fand for the
debt, is included as leut in oar expenses.
J>r.

MassacbuMtts
payment of said

Trial balance, SeptemierSXitHS.

Constrnctlon sect's
Cash and cash tunds
Real estate
Stuck materials
Fuel
Imp. V. 4 M. R. R

$5,041,365
180, SSI
S'IJ,»b9
2jl,!!.39

44,057
639,018
13S,559

Binkingfund

|

|

j
I

I
I

I

Cipital stock

Bonds
Notes payable
Uueconneci'groads..

&

Mas?. R. R
Unclaimed dividends.
Vt.

Conpon No.
Coupon No.

2
9

Bamlngi.
1877.

Receipts from

all

sonrces

187».
$1.41*7,914

$1,473,177

Expenditure:
Expenses of trdnspoitatlon, Inclading snpvllcsonliand
$l,OM.4T7

$1,000,019
lt«,«06

Interest

174,H4

Rentals of otber roMds ..
Constrnctlon and equipment
Account of funded debt
Account of floaiing debt Incurred pierioas to

435,8!<1

14S.6U

tl88,2'i8

12«.5?6
20,000

October

1,

.

..

1877

104,383

Totals

$2,353,768

aiSNERAIs

$1,693,311

INVESTMENT NEWS.

Boston Hoosac Tunnel & Western.— Some years ago, when
the completion of the Hoosac tunnel was supposed to be near,
two companies the Troy & Boston Railroad and the Albany &
Northern Railroad were formed to connect with the tunnel
road.
The Albany road failed, and in 1803 the Troy & Boston
Company leased its road-bed, and other property, in perpetuity,
after the tunnel was opened for traffic. Three years ago the
Erie railway endeavored to obtain permission from the Troy &
Boston railroad to reach Boston by the use of the latter's road,
but as the Troy & Boston road was under the Vanderbilt influence, the effort failed.
The Erie Company and the Delaware &
Hudson Canal Company, with Boston capitalists, last year commenced the cona'.ruction of a road parallel for several m*les with
the Troy & Boston Railroad, using the roadbed of the Albany ie
Northern Railroad. Suit was commenced by the Troy & Boston
road, which claimed possession under the lease. Tbe case haa
been in court for several months, until lately, when Judge
Oaborn decided that the Troy & Boston road was entitled to possession.
The opposition road has laid rails the whole distance,
built bridges, and had begun running trains.
General Burt, President of the Boston Hoosac Tunnel &
WeFtern Railroad, says that an appeal will be taken from the
decision aeainst his road. Security will be given, pending the
final decision, and trains will be run in the meantime.
Central of loira. It Is reported that over $65,885 of improvements have been made within the past ten months, and the following figures are given

—

—

—

aS.SM

Total expenses

•The

Or.

$4 500.000
1,00>.000
486,0
h,8i7
92,303
7,963
15,1-00

—

1877.
$>*K,l'i2

$iil9,427

Operating expenses for 10 months ending Oct. 31
Total expenses, including renewals, for 10 msnths end-

331,193

359,703

ingOct.31
Excess of grosi earnings for 10 months endine Oct.
1878. over same period iul8i 7

427,853

499,180

Total earnings for 10 months ending Oct. 31

1918.

31,

43,294

& Lake Huron. — A dispatch from Detroit, Mich.,
" The Chicago & Lake Huron Railroad has been
said

Chicago

Dec. 27,
taken from tbe doubtful position it has recently occupied, by the
payment of the $40,000 taxes due the S'ate, to satisfy which it
was to have been sold at once. Captain John Pridgeon paid the
$",«38,9S1
$6,t2li,934
money, but whether in tbe interest of Vanderbilt or of the Albany
Long Island Kailroad.
stockholders, or of himself, is not made public."
The Detroit Post and Tribune of Dec. 28 says "
have
{For the year ending September 30, 1878.)
what should be the very best authority for the statement that
Receiver Sharp has made his report to the New York State
the negotiations opened some weeks ago between Vanderbilt and
Engineer. lie took possession October 20, 1877. $76,500 Atlantic
the Albany bondholders, whereby the former was to gain control
avenue certificates, included in funded debt of $1,':J81,750, 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 ownership of the road ;
was f 1,103,809, exclusive of interest on the 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 payment of which 40 days remain.
made by order of the Court, for the payment of real estate mortGeorgia Jlunicipal Bonds. The State Legislature of Oeorgia
gages, additional rolling stock, opening front street, and alteration of depot at Hunter's Point and depot at Bushwick.
To make passed a law which authorizes the municipal authorities of any
a connection for the Brighton Beach business, a track was con- incorporated city or town in the State to cooipromise and settle
The act provides where there are outstanding
structed connecting the Long Island Railroad with the Brooklyn its bonded debt.
& Jamaica Railroad at Berlin. Oa Atlantic avenue additional bonds and coupons of any incorporated town or city of the State,
whether
due
or
to
become due, it shall be lawful for the municigates were required and constructed, and at Flatbush avenue it
was necessary to acquire more real estate and extend the depot pal authorities of such town or city to issue new bonds with
coupons attached, to be exchangad for outstanding bonds and
facilities and tracks to accommodate the increased business at
that point.
The floating debt of |1,1.57,860 is subject to a credit coupons Pro i;t<f«(i, that the new bonds so issued shall not exceed
of $35,728 due by the Southern Railroad Uompany, October 26. in amount the previously outstanding total bonded debt, with
Interest thereon.
1877:
The act authorizes the municlpol authorities of asy city or
BT00X8 AND DXBTI.
town to pass any ordinance to provide for tbe issuance and ex1877.
1878.
change of such new bonds to stand in the place and stead of oatCapllarstockpaidin
$),8<io,ii0t)
$3,'.i6(i,>.01
Fnndeddebt
slandicg bonds and coupons, and to determine the mode and
l,b5J,8.')0
1.881,7f0
Floating debt
954,367
l,I5:,e6ll
method of such issuance and exchange and to fix the length of
Total araunnl of funded and floatlngdubt
>,80t,2l7
3,03J,t>10
time such new bonds shall run and the rate of interest they shall
Average late per annum of interest on funded
Uncollected freight

.....

38,9(j2

I

I

Suspense acconnt
and loss

Profit

17,500
3 9iO
494,435

:

—

:

—

;

del«..i

7Derct.

c.

SnXHABT or lARKINSS AMD XZrEXSEI.

(For the year ending September 30, 1878.)
annual report states, in substance,
that the additions duriug the year to the road-bed, track and
equipment have placed them in a bettur 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 Hiosac tunnel, to change radically the standard of its road from one doicg
mainly a local traffic with a light equipment, at » moderate rate
of speed, to one doing a through western trafSc, with a heavy
equipment, at a bi(;h rate of speed and a greatly increased mileThis change has absolutely required tbe making of great
age.
improvements upon tbe 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 thiid term of ten years.
Notwithstanding the considerable increase in business, the
additional income derived therefrom was insutflcient to equal the
increased payments on account of rent of roads and interest, and
the net earnings of tbe year, including all receipts and expenditures, have decreased $33,937.
SECaiPTS AND EXPENDITURIS FOB THS TEAS XNSIHS BEPTIHBEB 30, IS'8.

The

MXp.

c.

7 per

ct.

bear.

We

:

THE CHRONICLE.

18

for the I
It also aulborizeB the establishing of a sinking fund
redemption of such bonds and to create a commission for the
maoaeemeat of such fund, to consist of not less three nor more
than five peri^ons.
Indianapolis Bloomington & Western, Western Extension.— This road will be sold in Springfield, 111., Feb. 6, under
the separate decree of foreclosure granted by the United States
Circuit Court. The sale will include the line from Champaign,
White Heath to
111., to Havana, 101 miles, with the branch from
Monticello, 31 miles, with the equipmeut adjudged to belong to
tbe extension, consisting of 6 engines, 4 papsenger cars and 3
baggage cars, S9 box, 14 stock, 13 flat and 4 caboose cars, with

new Missouri & Pacific Railway Company, but now^
refuses plaintiffs any interest in the new company, whereupon
The case was
the plaintiflTs began suit to enforce the contract.
argued before Judge Speir in the Superior Court on a demurrer
to the complaint, and the Court gave judgment for the plaintiffs
and overruled the demurrer with costs.

Indianapolis & YlncennPS.— The Pennsylvania Oom-any gives
notice that it has leaised this railroad, to take eff ct January 1,
1879, on and af.er which date it will be operated in the name of

Pittsburg Titusville

"Pennpylvania Company, operating Indianapolis and Vincennes

:

is valued at $25,606,163, and railroad property. $15,525,028 real estate, |97,567,615 total, |1 38,698,801— which is taxed
as follows: For gene al revenue fund, $485.445 02; for sinking
fund, $27,739 73 for interest fund; $110,959 for school purposes,
1138,693 75; total for all purposes, |762,843 39 - the rate being
The Auditor recommends
five and a half mills on the dollar.
that the general revenue levy for the year 1881 be reduced to
three mills on tlie dollar.

roads,

;

;

;

before Justice Miller and
Washington, D. C, the questions of continuing the ttafflcor pooling contract with the Union Pacific &
Colorado Central, were set over to the March term of the Court,
and it was ordered that parties have leave to file affidavits and
take testimony until February 1.
A motion was made to dissolve the injunction to re5tr.)in B. W.
Lewis, Trustee, from profecutirg the su t begun by him in the
Kansas State courts to foreclose the income mortgage. The Court

Kansas Pacific.— In the arguments

:

090 25; during 1869 it earned $2,014,427 34 1870, $3,343,811 33
1872, $1,2S5,5.=)4 40
1871, $1,675,008 5G
1373, $1067,733 96 ;
1874, $843,851 73. At thi^i time default was made in paying inDuiing 1875 the road was in D.
terest on tbe consolidated bonds.
McCargo's hands as receiver, when it earned $809,796 01. In January, 1876, the company was reorganized as the Pittsburgh TitusIt earned in 1876 $734,410 99,
ville & Buffalo Railway Company.
and in the next year, 1877, it earned $686,471 18. During the ten
it
has
earned,
gross, only $430,781 74.
months of 1878
This erhibit of gross earnings demonstrates clearly that as the production
of oil declines along the line of the road the earniogs must de;

Judge Foster,

at

The Titusville Company have to pay first mortgage
bonds amounting to $2,580,000 on the various roads composing it,
tbe annual interest being $180,000. It also has a second, or consolidated, mortgage of $1,155,000, the annual interest on which is
$80,850. Besides, there are about $40,000 of interest bearing scrip
and income bonds amounting to $315,933. To meet all these
charges the company en this year show about $500,000 of gross
earnings. It earned $250,832 10, net, in 1876, and $359,004 10 net
$151,899 18.

1870.

Young

ing resolution
.

:

its

Leyislature will meet on Monday, December

Lonis

St.

Passengers...:
Freight

Cher
Total

Expenses

Net earnings
6.

Orleans City Bonds.— New Orleans, Dec. 80.— The
Supreme Court has decided the case of the State in the matter of
the Southern Bank against E. Pillsbury, Mayor, and others,
against the relators, reversing the judgment of the lower court,
'which granted a mandamus compelling the city to levy a special
tax to pay the interest on certain bonds held by the Southern
he Court holds that Sect on 37 of the Act of 1853 proBank,
vides for an unequal tax, and is unconstitutional.
Newlorlc & Harlem Railroad. —This company has submiti

annual report to tbe State Engineer. Th<) following is a
of the report: Stock paid in, including $400,000 in
adjusting the accounts for the construction of the fourth avenue
improvement. $9,450,000. Funded debt, $10,617,329 bonds and
mortgages on property in New York, $700,000. Present funded
and floating debt, $11,317 329. Total costof road and equipment,
as per last report, $31,922,815; as per present report, $21,963,707. Fourth avenue horse railroad expense of maintaining road
and real estate, $48,908. Expense of operating road and repairs,
$878,416. Receipts from passengers, $632,385.
Receipts from
other sources, $111,578. Pavoients for transportation, maintenance and repai rs, $427,325. Dividend on stock, one of 3 per cent,
its

summary

;

—

New

—

& Sontlieastern. From the report of Auditor
the following statement is made up of the earnings and
expenses for the fiscal year enqing October 31
St.

Louis Div.

Kv. Div.

$il7,.3^30

J90,4..S

39s538

8l-,(it)0

28,475

12,iB4

Tenn. Div.

Bntire LIns.

$0,9'21
107.816
8,378

t858,fi66

$167,017

$l,ia-J,197

$645,333
477.183

$34S,Si7
S68,0i:9

124,

$168,210

$61,778

$;2.570

H7

'JS4,4U
49,111

889,638

assemblage.

New

amounting

Tnus

:

Seiolwct. That the Governor of the State of I/oni-iana be direVled and reIq view of the fact th it, under the
qneete to pi lilish ttie foUowiLg notice
existing law, tux coltectora are not called upon to settle their accouots with
theState U' tii January 20, 1879— as a lesult, only the small euoi of $8,494 is
new to the credit of the interett tax fund of 1878— notice if, therefore, hereby
stven to holders of State bonda and conpona, due January 1, 1879, that this
import at eal))ect wiil be submitted to the Legislalnie for action aid remedy

ted

The

net earnings for the first ten months of 1878 are
it needs over $28,000 more profits to pay its
iulereet on the first mortgages of the various sub roads.
The
statements show that the taruings have steadily declined since

in 1877.

LonlKiana State Bonds.— New Orleans, Dec 31.— The
Funding Board, in execative session to-day, adopted the follovr-

immediately upou

;

;

crease.

refused to dissolve the injunction.

The

BuffalOi— The Philadelphia Record,

;

Kansas.— The report of the Auditor for the year ending June
The municipal debt of the State is, in round numbers,
$18,CO0 00O. Tbe personal property of the Stat^-, excluding: rail-

Circuit

&

in reply to an inquiry as tn tho causes of the shrinkage in value
of bonds and stock of the Pittsburg Titusville & Buffalo Railroad,
gives the following condensed history of tho company Four or
live short roads, which were friendly, consolidated and incorporated as the Oil Creek & Allegheny River Railway Company.
These roads were built as tbe necessity of carrying the oil diecovered along their lints demanded accommodation.
As long as the
oil wells held out and pipe lioes were unknown the company paid
large dividends. During eight months ot 1SG8 it earned $1,197,-

Railroad."

;

XXVUI.

organized a

hand-cars, &c.

80 shnws

[Vol.

to $383,500.

& Oswego Midland.—The committee of holders
of Receivers' certificates of the New York & Oswego Midland
Bailroad have received the report of the sub-ommittee appointed
to confer with a similar subcommittee of the first mortgage
bondholders' committee, and agree upon the details neceseary to
carry out the compromise plan recently accepted by the holders
Of all c:aspes of securities.
The report was submitted and approved.
The sub-committee of first mortgage bondholders will
make a similar report to their constituents at an adjourned meeting to be held January 7.
Yorli

Old Colony— Boston Clinton & Fitcllbnrg.— It is reported
from Boston that the Old Colony Railroad Company has leased
tbe Boston Clinton Fitchbnrg & New Bedford Railroad for a term
ol ninety, nine years. It is said the Old Colony Company is to pay
one-third of thirty-tvro per cent of tbe gross earnings of both
.roada.

PaclJlc Railroad of Missonrl.— Peter Marie and others
brought suit against Cornelius K, Garrison, alleging that they
were holders ot 36,000 shares of the Pacific Railroad <.f Mis.souri
'Wrben the third mortgage bondholders were foreclosing, Garrison
holding tbe mtjori'y of the bonds. Sjme of the shareholders
Gonlesled tlie foreclosure on the ground that the bonds were
fraudulent, and the plaintifls filed a crossbill to defend the foreclosure tnit. Plaintiffs say that defendant compromised by
agreeing, if they abandoned opposition to the forecloaure , to
eetabiirb a new company and give the plaintiffs 86,000 shares of
the same. At the Sale the defendant purchased the roftd and

South Carolina Bonds.— The Charleston

$37£,656

(S. C.) Jfews,

Dec.

30. says, in explanation of the recent bond deeisions: "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, therefore, the total issue of consolidation securities
$5,130,965, less
To this amount should be added
$2,818,454. or $2,312,511.
about $150,000 for consolidation securittes which came before the
Bond Court, and were admitted by the State to be valid."

—

—

Soutll Side (L. I.) Papers have been served for the foreclosure
the sinking fund, or second, mortgage, of the Southern Railroad of Long Island, amounting to $1,500,030, under the plan of
reconstruction adopted at the meeting held several months ago.
The sale is to be made subject to tbe first mortgage of f750,O0O.
Tbe plan takes in the third mortgage debt of $800,000. The
holders of the sinking fund bonds are to receive GO per cent, and
the third mortgage bondholders 40 per cent, in either new bonde
or in preferred stock of the reconstructed road probably in stock.
of

—

"Wisconsin Central.— In the United States Circuit Court at Milwaukee, December 23, Jesse Hoyt, trustee, under the mortgage of
the Milwaukee & Northern Railroad, began suit a?aiost that company and the Wisconsin Cen'ral as lessee of the road. The truBtee asks that the Central he required to account for the proportion of earnings due and not paid, and he enjoined from making
any payments except for necessary current expenses uutil euob
an accounting can be had.
He alleges that both companies
are insolvent.

Wells, Fargo & Co.- A resolution of the Board of Direetoris
Wells, Fargo & Co. was passed last November increasing the
capital stock of the company from the present amount, $5,000,000, to $6,250,000.
The question of the proposed increase wfll
be submitted at the annual meeting of the stockholders, to be
held at Denver, Col., on February 5. The following circular to
stockholders, signed by Mr. Lloyd Tevis, the President of the
company, explains the object of the increase

of

:

"The

object of inTeasin? the capital stock of this company is to deliver
wit. $l.SBO,fOC— lo the Central Pacific Kailrosd Company
"""'°^''" P"ci»c
Co., in consideration of a contract asrced upon
.1?
uu
with them for running our express over their roads for the pcrk)d. of fifteen
years from Janu.iry 1. 1879. This contract is rcemed
of preat valnS, and
lieen unaniuiously approved by IheBoard
of Directors. Under (his arrareement every eio<-kholder will receive the same number of shares now slandliut
n his Lame upon the eurnnder of the old cert flcatt."

snchlncrcase— to

KR

hU

1

JtmiABT

;

:

.

.

. .

-

.

.

:

THE (JHRONKJLE

4, 1879.

19

OOT TO N.
FBIDA.T, P. M., January 3, 1879.

Thk Movbment or thk

(JoMMJEltOlA^
Fridat NionT, January

The

final

week

8.

of the holidaj period has been a very qaiet one

in mercantile circlea.

Tlie roaamption of specie parmentH, wliich

WM

already a fact accompliahed, has been carried out in due
form, and caused no disturbance wliatever In monetary circloa.

The

severe storms, noted in our

last,

have been followed by

in-

tense cold, canning the suspension of navigation in latitudes so
far south an wbolly to escape the effects of tiie cold.

The

a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given
following

is

1879.

Jan.

Beef
Pork
Lard

tea.

and bbU.
balbs.

hhda.

3tj.s20

bbi».
tea.

Totmoco, toreiga
Tobacco, doinealic
CotTeo, Klo
ColTco, other
Coffee, Java,

Oaga. 104,083
bags. H,800

Ac

mal«. 23,817
hhda. 81,908
boxes.
6,848
bags, etc. 341,000

Sugar
Sagar

Sanr
Meudo

bhds
hbda

U olaMca, rareign

Molaaaea, domeallc

Hldca
Cotton
Boain

1873.
8.

4,931
50,158
M,^iS4
20,278

bbla.

No

;

baiea
bbla.
bhle.
bbla.
bags.

Bplrlta turpentine
OSir

Rice, K. t
Klce, doiaeatic

bbla.

Linaocd

and

tea.

bags.
baga.

Saltpetre

Jata
Jatebntla
Manila hcmo

bales.
balea.
balea.

3,li3l

8,447
10,"CO
194.100
103,a!3
28.011
4,541
18,300
6,(00
9.480
21,8 5
6,500
2,400
14.(00
85,981

Dec.

Crop, as indicated by our telegrama
from the .South to-night, is given below. Kor the week ending
this evoning (Jun. 8), the total reo«ipt.s have reached 143,18S
bales, against I9!).U81 bales last week, 304,88^ l>ales the previoos
week, and 220,291 balost three wooks since; making the total
receipts Hinco tlio Ist of Heptembor, 1878, 3,7!U,291 l)alos, againat
2,498,070 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 230,021 bales. >The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are a-s ioIIowh:
Receipts tbls w'k at

1870.

1878.

1877.

1876.

Now

47,783
13,22i
10,795
122

63,997
18,682
8,550

40,713
11,710
9,703
13,962

54,258
12.129
8,925
83
11.837
13,720

Orleans
Mobile

1873.
1.

4,134
40,180
83,771
18,080
41.8SJ
91.959

Jan.

2.

0,127
88..83I

4t,73J
28,0«1
20,619
7.I,^0S

9,700

:5.8I1

Sl.iXJO

7-^,588

46,5W

2.), 74.5

10,:iS5

7,2«T
111,600

329,000
8,010
4,9k 1
6.O0O
196,100

62,698
32,183
4,735

Port noyal,

&c

«7U

18715.

29,733
8,419
6,878

Savannah

19,681

Galveston

14,333

1,991
16,805
15,455

210

140

314

508

166

10,653
3,430
2,196
17,783
2,911

13,914
1,089
5,099
17,602
2,371

10,.554

13,930

8,248

992

400

321

143,155

165,755

115,268

133,174

82,178

&o
Tennesaoe, &o
Indlanoln,

Florida

Carolina
Norfolk
Iniirth

West Pohit,&c

15,0.59

061
10,803
6,026

839

749

729

1,869
8,874

'3,116

1,522
8,343

18,423

1)

Total

2,1.73

R,00J
1O4.-00
112,000

89 076
7.7!)1

81)6

810

4,100
8,740
21,604
6.8.0
3,767
2J,2iO
28,617

6,250
I,4.'0

162,075
9,500
1,60.)

tills

week

. .

Total sinoeSept.

1.

2,719,291 2,493,670 2,677,331 2,478,860 2,314,397

The

exports for the week ending this evening reach a total of
95,919 bales, of which 45,150 were to Oreat Britain, 14.030 to
France, and 30,739 to rest of the Continent, while the stocks as
made up this evening are now 863,478 bales. Below are the
stocks and exports for the week, and also for the corresponding^
week of last season.

EXPORTED TO—

Week

13.403
31,800

(

ending

STOCK.

Same
Week

Total
this

Great
ContiThere have been variable markets for pork, lard, &c., in the past Jan. 3. Britain.
Week.
1878.
France. nent.
1870.
1878.
week, but on the whole an improving tendency, and at the close
N. Orl'ns
28,972
10,752
5,982 12,233
24,956 307,076 342,182
some advance is established. The severe weather at the West Mobile..
12,701 62,072 66,534
3,506
3,358
6,864
and the holiday seaeon seemed to have united in causing a Cliarl'fu
....
6,732
6,732
8,556 69,995 86,126
smaller nnmber of swine to be marketed and given rise to confi- Savan'h.
16,621 31,446 94,008
1,250 12,165
13,415
6,369
1,325
1,070
8,764
13,632 116,223 98,779
dence in the stability of prices. To-day, old mess, on the spot Oalv't'uN. York.
6,223
350
7,012 107,003 125,459
6,573
and for January, sold at ^7 25(§^7 40, and new mess was held for
Norfolk13,194
3,102 29,663 40,701
13,194
February and March at |8 65, with recent sales at $8 50@$8 55. Otber*..
8,612
1,967
826
11,405
12.077 30,000 54,000
Bacon has been more active and closes at about 4^c. for Western
Tot. this
long and sliort clear together. Lard has advanced, and closed at
week..
45,150 14,030 36,739
95,819
09,260 363,478 907,839
|5 87j@|5 90 on the spot and for early deliveries, and $0 for
Tot. since
April. Beef has remained quiet.
Tallow is without essential
Sept. 1. 855,778 175,941 418,444 1450,163 1219,461
changes. Butter and cheese close dull.
The exports this weeK aaUer the head of otiier P'Cts" mi-.iQde. from Baltl
more.
bales to Liverpool and 82d bales to Coatloent; from Boston. 6,189
There has been a pretty good movement in Brazil coffees, and bales t'.1,305
Liverpool: from Pbilaletphli, 1,108 balej to Liverpool from Feroaaquotations have assumed more firmness fair to prime cargoes of dlna, 1,9^7 balei to Frii:icc.
Kio quoted at U}(alGlc., gold. Stock here of 104,088 bags in
In addition to above exports, our telegrams to-night also give
Mild grades have also met witli more activity, and us the following amounts of cotton on shipboard, not cleared, at
first h*nds.
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, bat all figures are well sustained. which are prepared for our special use by Messrs. Carey, Yale &
Refined auifars have latterly shown weakness, with the demand Lambert, 60 Beaver street
quite limited standard crushed quoted at Qia. Raw grades, on
On Shipboard, not cleared—for
the contrary, have been more active at a slight improvement
Leavlnjr
Jan. 3, atfair to good refining Cuba quoted at 6ffa6ic.
LiverOther CoastStook.
France. Foreign wise.
Total.
pool.
Kentucliy 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 hbds., of which 1,.501) for export and 100 for home con.Mobile
21,700
8,900
4,500
40.372
8,300 None.
'

;

;

;

Bumption. Prices are well supported; lugs are quoted at 3i@5c.,
leaf 5}@l3c., as in quality.
Seed leaf has remained rather
quiet, and the sales for the week are only 658 cases, as follows:
600 cases, 1877 crop, Pennsylvania, 14340e.; 130, 1876 crop, do.,
private terms; 28, 1877 crop, Wisconsin^ private terms.
Spanish
tobacco is much less active, the sales for the week being limited
to 64 bales Vara, private terms, and 400 Havana, 85c.(a|l 10.
The demands for ocean freight room, whether by steamer or
sailing vessel, have Utterly been somewhat checked by the
blockade at the west and in the interior of this State, caused by
the severe snowstorms; rates are generally easy and irregular.
Late engagements and charters include G^rain to Liverpool, by
Bteam, .5«^il., 60 lbs cotton, 7-32@id.; bacon, 25s.; cheese, 30s.;
grain to London, by steam, 61)., 60 lbs.; flour, 3s.; grain, by sail,
4«. 9d. perqr.; flour. Is. lO^d
grain to Bristol, by steam, 7d.;

and

:

;

Charles ton..

Galveston
Total

per

2a. 3d.;

qr.; do. to

48. Od.; refined

by sail. 7d.; do. to Cork for orders, Ss. 9d.
Bayonne, 6s. 6d.; do. to the east coast of Ireland,
petroleum from Baltimore to Bremen, 39. 3d.; do.
gi-ain,

hence, same port,

38. 4^d.
In rosins little nr nothing of importance has been reported and
late prices are essentially the same
common to good strained,
$1 S5@|l 37j. Spirits turpentine has t>een firmly sustained, the
stock being in few hands at the close 27ic. was bid and 38c.
asked.
Petroleum has latterly advanced, and is quoted with
much firmness, in view of the limited offerings on the part of refiners and higher advices from the Creek markets
refined, in
barrels, here quoted at SJc. 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 $43 ^0@
In^ot copper has remained steady, with 100,000 lbs. Lake
$43.
sold at 16c., cash.
Cloverseed closes more active at 6f(37ic. for
prime Western and State. Other seeds quiet. Whiskey nomi;

3,000

2r,,524
31,01 K)

3,.509

43,002

44,471
.50,446

700

800

200

Nono.

•3,700

99,026

74,549

70,782

13,819

260,776

542,963

Inoluiled in this amount tUere are 2,000 bales at Presses (or foreign
ports, the destination of which wo cannot learn.

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a deereoM
in the exports this week of 3.341 bales, while the stocks to-night
are 44,361 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Doc. 27, the latest mail dates:
BKCEtPTS SINCE
Forts.

SEIT.

1878.

N.Orlna
Mobile
Char-n
Sav'h
Galv.'

N.York
Florida
N. Car.

;

nal at $1 13(a$l 13f

CO

10,454
14,000
8,828

*

;

;

7,960
4,000
5.289

72.621
103,303

New York

;

flour,

1,050
10,000
25,976

Savannah

Norfk*
Other.

555,484
201,187
372,345
492,402
369,555
64,478
31,263
92,654
325,042
71,726

Thiayr. !576,136

1.

1877.

BXPORTBD SINCE
Great
Britain.

667,147 121,321
222,132
14,904
308,825 102,728
386,356 131,541
285,270
90,491
36,174 134,863
5,297
6,300
97,226
34,169
93,730
280,937
43.501
80,581

I

SEPT. 1

Other

France. Foreign

61,448 105,935
9,426
8,567
34,343 78,715
15,153 120,462
30,708 27,187
8,783 14,652
2.050

17,439
3,748

TO—
Stook.
Total.

288,704
32,897
215,786
267.156
148,336
158,298
6,300
53,653
93,730
89,329

344,701
66,953
77,952
84,455
116,355
92,637
7,661

33,700
36,900

810,628 161,011 381,705 1354,244 849.894

2332.915 703.659 203.441 20 j.09a 1120.201 884.344
Unoer the bead of OharltMon Is Inoladad f on ito/al, Ao.: andsr me hwd ot
O^IVMlon la lacladel ladlaaol*. Ac; nador tlia hmtd of Norfolk la laolalvd Utir ,

Lastyr..
<

Poliit.*c.

—

.

.

:

THE CHRONICLE.

20

otn.
9-92
9-93
9-94
*-95

BaieB.

These mail returns do not correspond precisely with the total
always
the telegraphic figures, because in preparing them it is

1

of
necessary to incorporate every correction made at the ports.
The market for cotton on the spot has been rather quiet this
having
1 he opening was somewhat depressed, quotations
week.
Yesterday, spots did not
been reduced 1-lOc. on Mor-.day.
they
share in the advance which took place in futures. Today,
were quiet and unchanged. The speculation in futures has been
have not
active, but at variable prices, and yet the fluctuations
been so wide as last week, although the course of values has
been much the same. There was some depression on Saturday and a slight decline on Monday, especially in the spring and
summer months. The weather report of last week and the other
indications that severe storms had interfered with the movement of th« crop, together with tamer foreign advices, not only
checked the enthusiasm of the operators for a rise, but caused
gome 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,
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. Yesterday, the very
small receipts at the ports on Wednesday (less than ten thousand
bales, 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, inconjunction 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 389,900
For immediate delivery the
free on board.
bales, including
total sales foot up this week 3,829 bales, includicK 856 for export,
Of
in transit.
1,375 for consumption, 1,398 for speculation and
the above, 140 bales were to arrive. The following tables show
the official quotations and sales tor each day of the past week:

500

S.400
10.000
4,000

400
300

UPLANDS.
mon Toes

Ordln'y.^B)
BtrictOrd..
Good Ord..

81,8

§^«
Btr. G'd Ord 8'8
Iiow Midd'g

Btr.L'wMld

She

Hiddllng.

9>3
9'8

Good Mid
G'd Mid
Midd'g Fair
Fair
Btr.

NEW

ORLEANS.

Sat.

Mon Taes

Wed Th.

wred Th. Frt.
7^16
8
819
813,6

BtrictOrd.
Good Ord..
Btr. G'd Ord

8

8^1
813,6
91,6
9'4
914
97,6
97,6
913,6 91*16
103,
103,6
lO's 11079
1011,6 1111,6

low Midd'g
Btr.L'wMid

^>

Middling.

Good Mid
Btr. G'd Mid
Hldd'gFair
Fair

STAINED.

FrI.

711,6

8%

711,6

8^

8%

8%

8=8
816,6

8=8

8=8

93b
99l6

938
99j6

9i5„

91»,(

7%

f) lb

711,6
83,6
811,6
91,6

811
83»
9i«

liOw Middling
HlddllDK

UABKBT

IJ'l8
83,6
811,6
91,6

400.

100
1,100

300
500

Holi-

day.

Export.

Quiet
.

Kaaier, lower.
Dull, easier

738

.

_

92
271
522

121

.

82
36

Dull.

DuU.

427
716

loial

527
163

,

8561 1,575 1,398

l»»
100

9-51
9-52

100

965

_«-•;.•.!:::

SS

S,900

For Jwatrr.
000

.WO
aoo.....

...

100.

cu.

Bale*.
3,100
t 100
7,800
4,800
7.400
t 100

••89
9-40
«-41
»-43

9-45
9-48
1/)00<J1.M.. 9'4H
100.
... 9-4S

600

IMO

9^.62

9-53
9-53
9-64
9-55

968

lOOl.D.U.. 9-6«

1,700
2,900

9.66
9-57

2J00

200
•00
7(10

9^59
9-eO
9-63

1,H00

964

200
SOO

9-68
9-60
9-70

»68

48,400

lOOl.o.M.. 9 49

For Febnunr.

0-49
100
lOOi.B.ld.. 8-50

•

4,700.. .._...

9-60

100
1^00.

._.

061

:.

9-51

100 (.n.M. 0-54
• lio notice, SUt.

100
100
400
1

9-155
o-e-i
9-.«,7

958

1,000
3,000

7.300
6,000
10,900
10,000
12,400
»,aoo
s.500
3,900

0'60
9*6l

200

9' 02

92,000

.

..

9-f5
••66
9'67

..

8-69
9-70
9-71
9-72
9-73

..

974

..

..
..
..

400
l.'iOO

..

..

1,700.

..

1.200
1.500
8,800
1,600

..

200

Mo BOtlce Ull

after Ut.

..

977
•78

«-94
9-95
«-96
0-97

!012

700

1013

9-99

1,8(X)

10-14

1000

10 16

1001

1002

1,700

300

10-04

400

10-3?
10-3}

200.
100.

lo-sS
lo-sg
10-32
10-3^

10-3'

10-08
10-09
10-10

200
100

10-3!!

1015
1017

100

100

10-18

1,500

10-4*
10-4i
10-4*
10-4*

1019
1020

100
400

10-21
10-22
10-23
10-24
10-28
10-27
10-28

10

10-45-

9,000

For Augnst.

2>;

1032
10 34

For July.
1005
1013

10-55
10-26
10-27
10-32
10-33

200
200
200
200
700
700
100
200
700
100
800

10-31

SCO
800

a

100...

11,700

10-18
10-19
10-20

10-.S5

10-3»
10-3910-41

10-42
10-50-

3,300

'12 Dd. to exch. f 00 Mar. for Apr
•20 pi. to exch. 1.000 May for July.
•01 pd. to exch. 100 Jan. ad for B.n. 31.

Feb.

pd. to . ich. 700 JiD. for Feb.
pd. to exch. 100 Jan. lor ^ ar.
pd to exch. 400 Jan. for Feb.

will

•02 pd. to exch. 100 Jan.

s.

n for reg.

show the

Mond'y T'sday.

Auk

Bid.

Afk.

9-45S

Deoemb'r 9-48®.W
9'51«52
February 9-70®71
March. .. 9-85® —
April .... 9'97S98

Bid.

—

9-64® —
9-77®78
9-89®90

®02
10^20®21 1011812

May
June

10-01

10-28®30 10'19®21

July

Augl,£t... 10^32'ai35 10'25ai28
9-50
9'DO
Tr. orders

Lower.

Higher.
Bid.

Ask.

Bid.

9-6n®70
9-83®84
9-98®99

Atk.

9^50®51
9-64®6.5

9^80®81

1011®12 993®94
10-23®24 1005®06
10^33a35 1016®17
10-43®44 10-25®2&

1049S50 1031®32^

9-55

9-70
Steady.

Firm

Steady.

Closed- Steady.

Thnrs. Friday.

Ask

9'52®53
9'68®69
9-83® —
9-9o®96
10^08®09
10-19®20
10^27®29
10^33®35

9'47S.19

1009®10

Wed

Higher.

Lower.

Easier.
Bid.

9-55
Dull.

The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stocks are the figuresof last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Jan. 3), we add the item of
exports from the United States, including in it the exports of
Friday only:
1876.
650,000-

1878.

1877.

414,000
16,000

571,000
41,500

430,000
155,000
3,500
45,000
6,500
35,000
22,000

711,250
200,000

8,000
3,500
5,750

612,500
148,000
3,000
39,000
9,500
27.000
26,500
9,750
7,250
12,000

168,250

284,250

282,000

386,750

632,000
56,000
611,000
Egypt.Brazil.&cafltforE'r'pe
15,000
Stock In United States ports
863.478
Stock in U. 8. Interior ports.. . 176,425
United States exports to-day..
15,000

714,250
45,000
633,000
48,000
907.839
152,878
16,000

894,500 1,098,000
133,000
96,000
617,000
560,000
77.000
60.000
969,890
792,914
148,884
130,150
20,000
23,000

1879.
415.000
48,750

Stock at Liverpool
Stock at London

Total Great Britain stock
463,750
Stock at Havre
80,000
Stock at Marseilles
3,000
Stock at Barcelona
7,000
Stock at Hamburg
2,500
Stock at Bremen
34,500
Stock at Amsterdam
22,500
Stock at Rotterdam
1 1,000
Stock at Antwerp
1,750
Stock at other conti'otal ports.
6,000
.

61,250

3,750'

62,000
17,000
31,500
42,000
10,750
12,000
7,750

.

9-87

..

«00

..

.

.

..

8-81
9^82

..

••M

9-83
9-84

2,400..

..

..

9-88

200

..
..
..
..
..

Total visible supply. bale8.2,368,903 2,416,967 2,829,274 2.797.073
totals of American and other descriptions are as

Of the above, the
follows':

Ameriean—

Liverpool stock
Coutinental stocks

American

afloat to

Europe

Total American

Londoustock
Continental stocks
India afloat for Europe

Egypt, Brazil, &c., afloat

••se
9^87
9-88
0-89
9-90
U-QI

NonoUce.SOth.

Total East India,
Total American

&c

Tutal visible supply

283,000
119,000
611,000
863,478
176,425
15,000

237,000
225,000
533,000
907,839
152.878
16,000

311,000
209,000
617,000
969,890
148,884
26,000

317,000
185,000
560.000
792,014
130,159
23,000

bale8.2,067,903 2,071,717 2,281,774 2,008,073

Eatt Indian, Brazil, itc—
Liverpool stock

080

2:S??!!!!!!:. .. 9^85

8,100
2,500

Total European stocks.. ..
India cotton afloat for Europe.
Amer'n cotton afloat for Eur'pe

United States stock
United States interior stocks..
United States exports to-day..
0-70
»-71
9-72
••73
9-74
9-75
9-78
9-77
9-;8
B-7a

9-78

Total contmental ports....

4,500

Cti>

1,400
16,400

X

4,100

200
600
600
100.

700
700
100
100
700
900
100
500
200

1009
1010
1011

10-2g

1,300!.!!!! !!'.io2*
10-2»
1,600.

1006

800

10-06
10-07
10-08

3,'400

998

Market

600
300
100

1,B00
1.300
1,600
4,300
2.000
1.300
1,000
1,700
1,500
2,400
8.700

2.900
8,200

1003
1004

Sat'day.

980
981
982

.

3,600

..

..101*

MIDDLINO UPLANDS—AMERICAN CLASSIFICATION.

For March.

2,000
7.000
5,900

9-59

T

..

Balea.

1,100

4,500
4,600
5,200

10- ll

..10-2f

closing prices bid and asked for
fature delivery and the tone of the market, at 3 o'clock P. M.,
on each day in the past week.

FrI.

71,100

Ct".

10-01
10-02

300

The following

eries.

3,829 389,900

200

2,700
1,900
1,000

1,000

«00iJ1.2d.. 9 49

Balet.
1,700
1.100
2,500.

1000

300
300
800

100.

600.
200.

.10-i7

500
200
100
100
100
600
1,200
2,100
2,800

l.EOO

SOO

For Junp.

1,400
1,400
1,000
1,200

300

17

For forward delivery, the sales hare reached during the week
889,900 bales (all middling or on the basis of middlin|{), and the
following ii a statement of the Bales and prices:
For December.
Balea.
cu.

»'95
9-96
9-97
9-98

500

1,600

31

652 62,'66b "406
290 83,900 3,100

43
91

For M»y.

Balca.

10-22
10-23
10-24
10-25
10-26

Deliv-

Sales.

1,976
day..

1015

400
500

19

711,6
83,6
8lt,8
91,6

213 80,9 00
698 91,400

.New Year. HoU
1

.

-lotal.

10-14

<'t".

1021

The following exchanges have been made during the week

Ain> SALES.

Con- Spec- Transump, ul't'n sit.

500
2,100

•19 pd. to exch. 1.000 Jan. for

SALES OF SPOT AND TRANSIT.

SPOT MARKET
CLOSED.

1011
1012
1013 37,400

900

993

1,300
4,800
8!500
4,500
3,600
1,200
4,160

1113^6 11",6

711,6
83,8
811,6
91,6

200
700

1001
lOOi

H-84
9-85
9-88
9-87
9-88
9-89
9-91
9-92

11

mon Toes Wed Th.

1,200.

2,400.
1,400

ftliS

8=8
Si°l« 816,6
93,6
SZ'8
938
93e
9»16
99,6
915,0 91*,6
105,,
106,6

106,6 105,0
11
11
11",6 1113,6

Sat.

Good Ordinary
Btrlct Good Ordinary

Th.

10-08
10-09
10-10

9-99
10-00

9'81
9-82

700.

8V

Si^i8
93,6

2,41,0

1,800.
1,400..
900..
200..

711.

Frl. wt,a

3,300.

«tf7

January.

711,6

711,6

7»,e

600
800
800

3,800
3,200

»-efl

1,400

711,6
79t
7H Z'i«
7»16
79l6
8l8
S^S
83,6
8
8
83,6
8II16 8=8
8»8
813
8=8
811,6
816,6 816,6
816,6 815,6 9
81316 813l6 9
914
914
93,6
91 16
93,6
93,6
9116
93l6
9k 914 9' 16 9'8 938 97,6 938 938
9T,6
9=8
9=8
99l6
9'l6
9iS„ 913,6 10
916,6
91^6 IX. 10
loa,6 10^6 10%
106,6 105,6
10316 103,6 1038
10^8
11
ICa ir-i6
lUie
111116 111116 ll's
msii 1113,, 11^8 11'3,6 1113,6

0^dln•y.^p1b

Bale'.
1,800

1006
1007

40,500

700

Mon. Taes

71 11
8>8

Cf.
1005

500

For April.

TEXAS.
Sat.

1,500

87,700J

—

Sat.

Pa'ei.

»»8

1.30O
6.000
3,100
1,600
100

—

Dee. 28 to
Jan. 3.

[Vol. XXVIII.

132,000
48,750
49,250
56,000
15,000

177,000
16.000
59,250
45,000
48,000

260,000
41,500
96,000
77,000

333.000
61,250
201.750
133.000
60,000

301,000

345.2.50

547.500

789.000

73,000-

2,067,903 2.071.717 2,281,774 2,008,073

2,368,903 2,416,967 2.829,274 2,797,07*

FMoe Mid. Upl., Liverpool....
6i6,ed.
57,6d.
63ed.
C'sd.
These figures indicate a de.erease in the cotton in sight to-night
of 48,064 bales as compared with the same date of 1878, a
dterease of 460,871 bales as compared with the corresponding dat&
of 1877, and a decrecuie of 438,170 bales as compared with 1876.

.

«(amcary

THE CHRONICLE.

1879.]

4,

—

the movement that ia the receipts
gliipmi^Dts for the week, and stocks to-ni^ht, and for tlie
correH|MiiuIiii^ week of 1878
la set out iu detail in the following

At the Intkrior Pobts

And

—

atateuent:

Week ending

Jan. 3, TO.

Receipts Shipmts

Augiwta, Gft
Columbiia.Ua
Maoon, Ua

1,671
1,647

668
Ala

595

4,487

26,970 176,425

22,684

NaslivlUe.Tcim..
Total, old ports.

18,060

Dallas, Texas
JeflVrson, Tex.',.

637
1,000

1.101

Bliinvciii>rt, I-a

2,78.'S

3.542
3,270

Seliua, Ala
Meiupliix, T«nn..

VU'k«lmrt,'.

..

Miss

.

927

3,277

750

922

Eufaula, Ala

1,464

1,695

OrllUn, Ga
Atlanta, Oa
Rome, Ga.*
Charlotte, N. C...

526

657

1,061
1,500

2,331
1,684

Coluiubuft, Miss.'

Bt. Louis,

Total,
*

2,7.'>5

11,781
1,701

24,839 162,878

2.005

105
50

502
50

9,544
6,447
7,500
3,852
2,461
8,750
6,500

3.190
3,518

5,019
3,721
1,033
1,064

750
968
255
3,321

23,859
15,917
11,076
18,733
10,861
67,590
4,842

3,188
2,600
8,918
6,033
6.513
7,125

2.50

2,09(!

4.785
1,425
1,655
7,136
6,737

15,495
4,880

282

734

337

8.588
6,301

9,65'S

46,517
7,796

8,283
5,327

32,817 105,209

27,495

33,977 100,361

47.140 59.787 281,034

.50,179

53,816 253,239

Mo

aU

904

3,602
1,158
2,306
1.416

746
982

Clnolunatt,0
Total, new p'rts

1,901
1,174
2,274
2.132
9,812

28,171

6,290

1,971

35.895
5,647

£stiuiutcd.

The above

show that the old interior stocks have
week 8,001 bales, and arp to-niglit 23,.547
same period last year. The receipts at the
eame towns have been 3,71o bales Uj* than the same week last
totals

decreased during the
bales more than at the
fear.

—

!n

RKCKtPTS PROM THE Pl.^jctations. Referring to our remarks
a previous issue for an explanation of this table, we now bring

the figures

down one week

later, closing to-night:

Week

Receipts at the Ports.
1877-3,

i87(i_7.

1878-9.

Stock at Inter'r Ports Rec'ptB from Planfnt.
1876-7. 1877-3. 1878-9.

—
—
—

has been very cold.
Columbus, Mississippi. Telegram not received.
Little Rock, Arkansas.
The weather has been more or less
cloudy all the week, with two inches of snow on Sunday. Otherwise it has been dry and cold, the thermometer ranging from 4
For the month of December the therto 87 and averaging 2.5.
mometer has ranged from 12 to 65, averaging 35, and the rainfall
has been three inches and thirteen hundredths.
Nashville, Tennessee.
It has rained and snowed, chiefly snow,
on five days of the week, tlie rainfall reaching one inch and
twelve hundredths
The thermometer has ranged from 7 to 41,
averaging 30. The cause of the small receipts this week Is the
bad weather.
Mobile, Alabama.
It has been showery three da'^s and has
rained constantly two days, but as the week closes there has been
a favorab'e change in the weather, and it is now cold and clear.
The causes of tlie small receipts this week are that we have had
too much rain and tlie weather has been too cold.
The thermometer has averaged 45, the highest being 63 and the lowest
The rainfall for the month of December U eight inches and
26.
seventy-four hundredths.
Montgomery, Alabama. Rain has fallen on five days, the rainfall reaching one inch and eighteen hundredths, and there have
l)een killing frosts on two nights.
The heavy rains and impassable roads are the causes of the light receipts this week. Average
thermometer 41, hi^ihest 55, and lowest 23.
The rainfall for
the month of December is six inches and seventy-four hun-

—

—

—

dredths.

—

Selma, Alabama. It has riioed on six days, and ico has formed
The cause of the small receipts ihis week is
during the week.
the bad weather and heavy rains.
The weather is now cold and

Rscxirrs raox plantations.

cnd'g-

Neu Orltaiu, Louitiana.—U»ln haa fallen on four Aajb the
past week, the rainfall reaching one inch and nInntr-flTe hundredths.
The thernionioter has average<l 4,5. VVehaTehadft
l|iinfall during the month of December of eleven inchoe.
Shreveport. iMuxriatm.
Continued disagreeable weatlier terminated yesterday, and prospects this (Friday) morning sr«
favorable. Roads are in a fearful condition. Average thermometer 82, highest 43, and lowest 21.
The rainfall for the week
is two inches and forty -two hundredths.
Vicksburg, Mississippi.
The weather daring the past week

—

4, '78.

Re«elpti|8lilpmt8 Stock.

25,813
14.713
6,649
14,181
15,881
00,015
0,170

3,117
1,138
3,873
3.670
13,163
1,414

2,712
1.83«
0,126
1,314

Mniit);oiii<'ry,

Stock.

Week endloK Jan.

21

1876-7.

137:-8. 1678-9.

clear.

— Telegram not received.
— Telegram not received.
Oeorgia. — Rain has fallen on two

Madison, Florida.

Macon, Oeorgia.
Sept 6.

19,73:i

5.835

26,750

20,76ii

16,449

9,97ii

18,866

5,685

26,7t0

"

18.'

41.4S1

12,109

47,431

23,431

16,37S

18,9ri

41,457

11,932

47,431

"

ao.

6!i,998

2S,345

74,355

23,904

15,104

26,377

61,998

21,17;

74.355

••

27.

9^840 43,138

98,863

38,S3:

20,510

37,872

9J,845

43,Ii8

98,863

-0,010

130,990

57,048

29,720

47,208

152,199

Ojt.
••

4.

!««,I99

70,040 130,990

136,074 109,«64

1)8,158

72,27;

41,891

5»,88.3

1.36,074 109,261 148,153

" V.
" 85.

UJ.SOO; 135,054

160,233

84,871

58,745

79,597

152,830 135,054 160,213

!74.6ir 157,609

162,236

103,774

«),374 97,f87

174,617 167,i;09 162,236

NOT.l.

»01,90l] 177,336

157,280 123,652 105.814 115,034

201,904 177,336 157,280
211,810 198,776 182,874

11.

1

"
"

8.

211,810 198,776

131,874 ri8,)n 128,630 149,498

15.

205,6Ct) 191,571

176,004

157,.381 13-2,40i 174,583

205,606 194,571 176,004

«*

22

811,62:) 200,980

181,376

180,519

36,941 168,491

211,823 20e,9i0 181,376

sj)

S04,'-79 172

184,625

197,131 157,0d2 205,912

204,879 172,216 181,625

••

Dec.

8:6

167,73) 174,.365 -20,718

l!)6,4i6|«a,605

220,748 213,722 168,073 236,280i
2S0,;91 «4.;2. 185,666 »9.1-'<i

SO.

171,;9t;t^«,594

204,8S3 ;215,615 206,559 «i0,9o7

171,596 331.594 204,832

S7.

162,63)

199,!I81

6.

187,731 174,365

"

13.

"
"

J«n.

s.

j2.'4,6.'i4

115.S6,''1:W,7.W

ViK.Zr- 261,8:fi 294,?81

14i.l55 i249.906 i53.239 281.634

196,43H 302,80' ;20,291

162,63:j

a4,634

199,!i81

108,776 157,118 130,508

This statement shows us that although the receipts at the ports
the past week were 143,1.55 bales, the actual from plantations
were only 130,508 bales, tlie balance being drawn from stocks at
the interior ports. Cast year the receipts from the plantations
for the same week were 157,118 bales, and for 1877 they were
108.776 bales.

Wbatiikk llEPORTS BY TELEGRAPH. — The

pist wcok has been
very rainy and unusually cold over a large portion of the South,
interfering n aterially with the movement of the crops.
(JcUveston, Texas.
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

— We

tender veg<rtation 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 hundredths of an inch.
have had a killing frost and ice on on?
night.
Roads are impassable. The thermometer has ranged
from 81 to 64, averaging 47.
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
ico 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 days the past
we<!k, with a rainfall of thirty hundredths of an inch.
Roads
are bad.
The thermometer has averaged 41, the highest being
57. and the lowest 31.
The rainfall for December is two inches
and eighty hundredths.

—

We

—

—

—

Columbus,
days of the past
week, the rainfall reaching one inch and eighty-one hundredths.
The thermometer has averaged 40. We have had a rainfall
during the past month of five inches and seventy hundredths.
Savannah, Oeorgia. It has rained on four days and the rest
of the week has been cloudy.
The thermometer has averaged
45, the extreme range having been 34 and 60.
The rainfall for
the week is one inch and thirty-one hundredths.
Augusta, Oeorgia. During the earlier part of the week we
had heavy rain on three days, but the latter portion has been
clear and cold.
About all the crop has now been secured, and
about ninety per cent marketed. The thermometer has averaged 38, the highest being 54 and the lowest 20. The rainfall
for the past week is one inch and thirty-six hundredths, and for
the month four inches and forty-one hundredths.
Rain has fallen on throe days of
Charleston, South Carolina.
the week, the rainfall reaching one inch and ten hundredths.
Average thermometer 44, highest 58, and lowest 25.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Jan. 2, 1879.
vVe give last year's figures (Jan. 3, 1878) for
comparison:

—

—

—

New

Jan. 2. '79.
Feet Inch.
7
4
..
9
lo
Altove low- water mark...
9
2
Above low-water mark .
7
11
Above low-water mark... •21
4

Below liiRh-water mark
Above low-water mark.

Orleans

Memphis
Nashville
Slire vejwrt
Vioksburtt

Jan.

3, '78.

Feet. Inch.

.

.

9

9

19
10
21
25

»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 high-watei
mark of April 15 and 10, 1874, which is 6-10th3 of a foot above
1871, or 10 feet above low-water mark at that point.

—

Comparative Port Receipts and D.uly Crop Movement.
of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the

A comparison

We

month.

tables a daily

have consequently cdd^d to our other standirg
and monthly statement, that the reader may con-

have before him the data for seeing the exact relative
for the years named.
First we give the receipts at
eich port each day of the week ending to-night,
PORT RECEIPTS FROM 8ATCEDAT, DEC. 28, '78, TO FRIDAY, JAS. 3. '70.
stantly

movement

D'ys

New
Or-

Mo-

wo'k leans.

bile.

Sat.. 10,424

2,067
4,172
2,132

Char- Savan- Galnah. vcst'n.

leston.

Wil-

Nor-

ming-

AU

folk.

ton.

others.

Total,

3,532
2,373
3,230
2,501
2,769
3,373

359 2,096 23,533
167 1,497 27,403
283 2,567 21,913

Tot.. 47,783 13,228 10,795 19,631 14,333 17,783

1,609 17.833 143.155

Mon

2,431
3.631
1,068

Tues

6,214
8,675

Wed

698

647

987

8,772
Frl.. 12,970

2,120
2,090

1,291
1,381

Thuc

2,083
4,405
2,819
2,301
3,633
3,433

The movement each month

1,632
4,913
1,164
1,800
2,400
2,424

eince

Sep^

1

6:»

39-'

611
795

391 10.317

0.614
22,227
30,437

has been »g follows:

.

.

THE CHRONlCiLK

22
Year Beginning Beptember
Ifonthl}-

1878.

Beoeipts.

Bept'mb'r
October.

Movamb'r
Deoemb'r

230,868
673,260
901,392
787,769

93,491
578,533
822,493
900,119

288,848
639,264
779.237
893,604

169,077
610,316
740,116
821,177

direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1378, and in the last column the total
for the same period of the previous year.

1.

1873.

1874.

1873.

1876.

1877.

xport«olCoUoa(bales) from New YorK since SeDt.l. 1878

115,255
335,323
576,103
811,668

134,376
536,908
676,295
739,036

WmtK EHDINe

2,831,013 2,399,636 2,601,289 2,310,636 2,106,675 1,858,349
Fero'tage of tot. per
49-85
60-24
53-85
64-42
55-21
reeeipta Deo. 31
the
ThiB statement shows that up to Dae. 31 the receipts at

Dec

1876-77.

1877-78.

1875-70.

" 25....
••
26...
" 27....
" 28....
" 29 ...
"30....
"31....

8.

54,604
44,635
33,804
35,803
22,066
29,398

27,402
21,943

37,323

" 24....

/

23,042

55,204
27,382
22,297
29,936
37,213
25,532

8.

8.

8.

45,824
22,837
18,561
23,070
23,041
20,892
18,523

8.

21,587
25,361
20,415
23,343

28,596
36,821
21,123
34,917
37,943

8.

27,037
40,756
28,431
29,005
23,508

26,018
31,079
17,506
18,643

26,431
20,197

33,973
28,014
28,795

56-77

63-60

57-01

01-41

Great Continent.

Brit'n.

Great

Total. Britain.

Continent.

1873 2,000 5,000 7,000 323,000 406.000
1877 4,000 14,000 13,000 389,000 450.000
1870 4,000 J 9,000' 13,000 5S3,000!412,000

626

1,749

103

100

flambarg
Other ports

2.-0

9S0
21^

Total to N. Bnrope.

489

•paimOportoAQibraltar&c

Grand

See

1,142

1,770

1,004

1,770

7,227

7,753

....

Total...

350

10,858

l,20i

635

2.S19
8,253

11,342

21,330

3,660

s.'m

1

3,660
164,871

6.573

are the receipts of cotion at New York, Boston,
Philadelohiaand Baltiraorefor the oast week, and since Sept.!. '78:
BOSTON.

PHILADSir'IA

BALTIHOBS.

This Since
week. 8ept.l.

This Since
week. Septl.

This Since
week. Sept.l

H»W YORK.
This
week.

Hew

Orleane..

Since

Sept

1.

1,835

28,ff,8

i,S61

6,146

B7,t9s
87,76i

'737

8,5:;6

1,398
3,111

57,8H5

7,106

1

9%«(i3
6.331
70,165
1,03b

this year

i6,72J

464.241

Total last year

33.47S

4BS,O06

n'trht of this

Teias
tevannah

liojo
1,668

17,810

i",n'>6

26,918

4,398

65,1,',7

1,761

3a,3a.'i

I,!)fl6

1^39 28,216

14,116

l',079

Kobile
Florida
S'th Carolina

S'th Carolina.
Virginia
Sorth'rn Ports
Tennessee, Ac
Foreign.. ...

roUl

•21,58-J

85-i

6,6;7

'bii

l-2!333

254

8,675
32,371

],7t3

2,668

22',S63

9,880 141,-281

3,061

36.079

3,C87

81,698

Ut.'84

3.281

21,61-J

6,648

£1,476

7

...

19,051

—

Shipping News. The exports of cotton from the United
the past week, as per latest mail returns, have reached
So far as the Southern porta are concerned, theee
87,279 bales.
are the same exports reported by telegraph, and published in
8.
Thb Chronicle, last Friday. With regard to New York, -ne
40,113 include the manifests of all vessels cleared up to Wednesday
8-,ates

week.
Total bales,
Livernnol, per s'eame s Wisconsin. 489 ...Scythia,
per ships Isaac Webb,
Britannic, 77i ....hx Place, l,46i.
6,-2-23
774 ..Senator. 2,5 8
350
To Bremen, per file tmer Mosel. 350
New Orleans— To Liverpool, per siesmers Rita, 2,-207 ...Miry Liulaa,
11,272
5.931. ..Oberon. 3,131
6i6
To Antwerp, per steamer John '*. Bei-t. 5-36
4,524
To Havre, per fhip Annie M. Law, 4,524
710
To Barcelona, per hsrk Sufris.*, 710
1,78)
To Geuoa. per burka Yarra Yarra, 1,7-a
1.630
To 'Vera Crnz. per b irk Lfone, 1,6(0
4,770
MoBiiK—Til Liverpj, 1, per fh p Si-nator Weber, 1,770
l.'BO
To Bremin, pt-r hark JeiiB Brandi. l.fiiO
Charlkstos— To i.iveriwiol, p'^r steiraer* D itterel, 3,3.9 Upland and
S-Jti Sea Inland
Bor.nq'ieii. 2, i86 Upland and i3 Si-a iB.and ...
9,!02
per bnik Fjreit Belle, -J. 16- Upland and 103 Sea Isia d
ToHivre.p.-r birk Martha A. McNeill, 3, 53 L pi lud anl 4-J Sisa
S,4»2
Iiatid

Nbw York— To

50-83

...

. .

.

:

To AmUerdam, perl ark Kmannel,
To Sebistopol, per 8*eamer Eiixiri
Ti> Bircelona, per bark Ani4al.

Receipts.

1.0)0

U

3 910

-.

1,030
8,940

land

Upland

1,2) Upland ...per

brlj;

Pdil, 603
l,t20

U.land

Satannab— To

Liverpool, per birRs Lira. 3,429 Upland and 5 Sea Inland
Min'.ieCarmichaji, 3, el Jpl ndandlO Sealiland.. .Summer
Clona. -J,0'j2 Upland
To Bremen, per bark Maid of
lei-.-, 3,15i Uplind ..
To Perrol. Sptin, per bark ^' a-'taj^ia. 1.5U Upland...,
T) lienoa. per b rk Una, 1 2Di Upl '"d
Texas— To Liv. rpool, per »teara r Indua. 4,633
lo Floe'wood, per birk Uazir 1. 1, i71
To Havre, per nrls; Minerv,., 1.0:)i
To remen, par bark Veranda, I..S05
WiLMiNeTON—r i.iviriiO')l, per barb Superb, 1.43J
To Qo ni-town or ra'.m ju h for order-, per bjrka Braije, l,Oil ...
.

Total.

731.000
S39.000
997,000

Thi9

Week.

Sinoe
Jan. 1.

9,000 927,000
8,000 l,l()4,M00
9,000:1,118,000

B.voaiNO, &c.— Bagging continues in the same
quiet condition that we noted in our last, and no transactions are
reported. The inquiry is almo.st nil, and the few orders cominun are for trifling lots. The feeling is rather weak, and, tliough
holders are still c|uoting 9@l0c., according to quality, these fig.
uies are nominal. Butts are also very quiet, and the inquiry
is moderate, with the market ruling easy in tone.
Quotations are
still 21(g2|c., but we hear that a shade less-would be accepted for
lot.

from' New York this week show a
ecrease, as compared with last week, the total reaching
6,573
bales, against 7,754 bales last week.
Below we give our ui^usl
yible bowing the exports of cotton from New York, and their

8,667
3,tli0

150
1.200
4,6-8
1.071

1092
1,3C5
1,134

I

Ca|)ella,

S,105
1,650

1.11.5

NoRF.iLK— ToLWerpool, psrshiii Belle O'Brien,
«ALTiMonE-T.i Liverpool, p r
3iii

BusTON— To

Liverp

Margre

per 8 earners Atia?,

ol,

L nh

or, 1.55

PmLADELpaiA— To Llverpoo

ipe,

-2-17

Minn

.

6,550

-233

828
Imbros, 992

..

i,fOA

-^ol9, ii86

Athene, 663.

per tteam rs Ohio, 31?

,

Total

UtO
67,279

The particulara:of these shipments, arranged
are as fallows

:

B.\os,

Thk Exports of Cotton

100
1,004

9,505

The following

the foregoing it would appear that, compared with las
year, there has been a decrease of 11,000 bales in the week's ship
ments from Bombay to Europe, and that the total movement
Mnce January 1 shows a decrease in shipments of 108,000 bales,
compared with the corresponding period of 1877.

a round

8,783

350

CI others

Total Spain,

From

Gunny

2.21&
119

SS5

which had been

1.

187,174

8,783

Bremen and Hanovei.

:

BUipments since Jan.

141,086

Total Frencb...

— According to our cable despatch received

week

6.223

100

to-day, there have been 2,000 bales shipped fram Bombay to
Qreat Britain the past week and 5,003 bales lo the Couiinr>nt
while the receipts at Bombay during this week have been 9,000
The movemont since the lat of January is as follows.
bales.
These figures are brought down to Thursdav. Jan. 2.
Bhlpnienta this

125,I«J
l,5e&

1,749

received Jan. 3 in each of the years named.

Bombay Suipmbnts.

136,834

626

This statement shows that the receipts since Sspt. 1 up to
to-night are now SiSjll-J 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 parcontages of total part receipts

6,223;

4,746

2,719,291 2,407,179 2,631,441 2,339,249 2,147,381 1,935,500
. .

1.

4,748

4,421

T'iDec.31 2,651,013 2,399,630 2,601,289 2,340,081. 2,100,075 1,838,349
20,31'
18,351
9,014
18,523
10,371
20,878
Jan. 1...
30,233
16,245
8.
22,227
31,240
14,339
18,957
15.384
36,437
32,192
8.
25,033
3....

Percentage of total
port rerelptB

8.821

Jan.

Total to Gt. Britain ~636

137

Total.

25.

period
prey'ue
year.

to
date.

600

aavre
Otber French ports.

Tot.Nv.30 1,757,349 1,499,517 1,813,520 1,519,509 1,347,639 1,046,681
20,472
24,51'
22,842
30,824
21,387
8.
Deo.1...
26,031
28,921
26,301
" 2...
21,089
8.
39,978
22,843
19,114
8.
20,856
" 3...
40,703
40,894
23,275
34,055
•'
44,873
35,581
27,179
4...
23,532
28,248
31,842
8.
" 5...
31,662
20,766
30,938
23,008
8.
30,511
" 6...
32,325
36,219
53,291
8.
'•
41,726
29,087
24,767
28,111
7...
25,563
40,210
26,812
" 8...
22,952
33,072
22,784
8.
26,615
" 9...
22,943
26,534
26,931
8.
58,501
27,632
" 10...
25,918
26,509
S.
47,969
28,693
22,371
" 11...
20,385
42,803
28,977
35,846
30,830
33,111
8,
" X2...
29,247
37,015
25,895
30,614
23,023
49,512
8,
29,420
" 13...
39,011
46,024
B.
33,97'
30,833
31,300
41 ,470
" 14...
26,923
40,009
35,042
33,698
29,802
" 15...
32,893
8.
26,018
26,G8:
23,479
8.
31,91
" 16...
52,468
32,904
8.
31,592
50,32^
24,897
" 17....
33,t08
33,607
43,343
34,519
28,519
29,578
" 18....
33,179
39,418
8.
38,346
31,246
28,601
" 19....
25,930
29,534
23,673
48,381
8.
30,037
" 20....
31,074
B.
32,156
45,471
22,381
34,692
27,899
"21....
55,781
31,722
25,931
26,331
31,701
8.
" 22....
" 23....

"^665

Liverpool

1873-74.

1874-73.

Dec.

18.

Other BrltiflhPorU.

^__

1878-79.

Dec.

11.

and 49,724
ports this year were 351,377 bales more than in 1877
By addin» to the
bales more than at the same time in 1876.
above totals to Dec. 31 the daily receipts since that time, we sball
be able to reach an exact comparison of the movement for the

Same
ToUl

XPOBTSD TO

Tot roar

difierent years.

XXVUL

[Vol.

L'vcr-

:;

poiil.

New York

h,s-23

.

.

•Qneen*!iown

ii

:ior Fill-

II

Char'estrtn....

lt,:.Oi

Savannah

8,6h7
1,638

.

.

..

foriu,

|

dFim&

V

-iebas-.

4.5'ji
...

'

Barce- Fctlona.

,686

710

1,13)

ii6-;6

rol;

Genoa. To'al.
l.7,'l

fi.!T5
20,t!l3

ISM

n.l67

.,

1,660

34»i
i.ok

1,1

21

1U.S84

:50

3.150

f.l.W

6

1,H2 8.195

8 6-J7

(,6U)

1,-M

Philadelphia..

930

32fi

&5.9H

.

..

....

8'.>S

I,

....

8,195

9,101

6,155

In i.b vc totals nr.- fr im
1,071 bales to Fleetwood.

from Texas

our usual

f,55)

Baltimore. ...
Bo-to-i

Total
InolQded

Anister-

Bx- Am-

rouuih. Havre, men. vfcrp. topol.
3J0

No-* Orl(!an8,:i,S7J
Mobile
... 4,771!'

"exaa
Wllininston
Norfolk

iu

:;

Now

1,536

3,941

*,3-30

160 8,921

US
980

87,279

OrKan.9 .,630 bales to Vera Crua, and
1

:

^

.

JaUWaUt

THE CHRONKJ.K.

1879. J

4,

.

Below vr« ^Ito all newn recuiTttd to dale of dlsafftom to TeBBtflH
e&rryloK cotton from United Htaten ports, etc.:
Atiibnu. a'cannrCllr.). «t Phila.. Dpc. 80, f.vr LiYerpool, Ac, Mneht Are at
Oiranl I'oint. la^-t wtick. but tho flimes wero soon oxLlDgatHhod, and aho
rorcivrd but llMlo diimaire.
Kati, (Bi). About 4>0 l'aU*M of cotton had be«n sftved Doc. a4ih from tho
She
fifrtmHti Ip Kate, from (lulvr^ton for llitvr*<, wn-ckod at Bormada.
hftd broken upon the >Oth, v/ah M (aei n'.do wator anrl a ood deal of
lht)0->tto< wu» lout; but tho lulanco rtmnlolng In the wreci could be
moritr'iidily oht'ilnod. Tho court ai>|»olnloi to InTO^Hlfato the cfrcumftlance in CMnnrdlon with thd loss of tbe veMol ndjadged that the
muster, bn auiipended for tiix inonlha and
certlflcate nf Wl Ihim >*lin:>8
John lla'ph. chief officer, and William tLnry IUrrl:ion, chief en<ine(!r.
wrre severely coiieurod, and their certiflcatua of compa.encj returucd to
thiin
LaMTBRTa. fir. (Br). Pcarce. from Savannah via Dartmouth, B for Rtral,
wt^ni aKronnd at Copenh'iKen Doc. 'i8tb. and g u ofT.
LAnTiNOVoy, rtr. (Iron, 1,^7 tone of Sunderland), Dixon, from Savannah
i eo. Sih with 4,000 bilea cotton for Kcval, went nshoro on thtj reefa
northwct of the Bennada I'l'indii Dec. lUh. Captain Dixon reports at
midnight of thn Uth expenenrcd aevere ^ale^ from the SSB. Teat>el
iaborlnj; heavily and chippliifffitit'at qmniitlenof w*iti'r, carryluir awtj
At 6 I*. M.
life bo«t». cherki* and everyihioK movable about the derk*.
of the lOih a heavy aea struck thH! vfxaul af:, caasing a very load creukInj; report, and at 8 P. M. the veR.«>ol waa fonutt to be makini; a threat
deal of water, aUo the coalition tank ^ft run full, the ballai>t tank aft
nearly h^lf empty, cau»li>f; th
vo^sel to heel over
burtit and run
beavilr; the pump waa attended toad I'.Ig'it, but It couH not overcome
the U'ak. On the nth the win'l more modiT.-ite, run the Im last tank up
to 4'l<;ht the ^hip, but found it leakt d too fat for the pumps to keip
the ves-il clear. On the laib findlnfc that tho tank could not be kepi
fall with- ut the water i;ainia<; on th pump* and the ahlp heeling t.ver
loo mnch to be f afe, bore up for B rmuda from Int. 35. 42. Ion. 68 4i. to
repair damn>;eiS. AilQ.'^i A. M. on the :4th. Judfj;intr the vc^cel to bo
10 or Vi miU-9 off tho Islands oi Btrmuda, xet the holm hard to aturb(>aril, i>et rngino K<>>"g full »po«d to brtitg bead to uorlh and aea to
w;:if -.r f'ji\';';hf, b'lt in coming round the ve*>el took the i rou'iU, Btrmoda light bearing SB. AMme.ns were tried to "'t her off hut unsucce^afnlly. At 8 A. Kl. she wax left by the crew, alt noldx being then full
wnd the »1 .'1 frvpheniog to n gale.
of water, the t*teimcr listing
She rcm-tlnod ashore on the 2*th and about \S00 bales of cotton
h)d been saved from her, some t-00 nrv; more was being saved and It
waa rxpccted that the vessel would bi; floated *:nd got Into pirt.
t.alvcaton Dec. 18 wub 3.0 '4 bales cotton
1 17NU, etcamer (Hr. Down?, fr
and 765 carkt* itf oil cak", for L'vcr.><'0', went ashore at l.yfl A. id on the
28th abt'Ul IJ^fO yaids fnmi ?hore, \\i mJIe» ^oath of Cape Ilonry HghthousTTund in ':2 feet of water, ht rierly iow tide. \t daylii:ht hho wtis
bonrdtvi by the crews fro;n tho I.lf«* Savlna: Station, but the ciotain
She changed
rcfusnd t'hciraspi^tMMCt', cxpe tin^j to float w.tti fl <od tide
h('r position at ti r. M. the sim^^ d;ty, but remained aground (m the iiyth,
when an attempt was made to h'\m her off at hi£h water by the Coiat
Wre«kinn Co.'s ."Teamcr Rescue nsj-i^tcd by her own steam, and phe was
njovcd two hundred fett, nfti-r which ihe Rtiscuo wtnt alongside and
beffnn light-ning ih attaraer rf g(ime of her cargo,
i he Tuni"* was not
off A. M. of the -ilet, aui pro-oedrd f.>r N-trfoik, apparently urdamaged.
Wm. Syminotos. ^Ieamer (Br ), Ilullett, whlfh arrivcj at Liverpool Doc. 25,

m

*

ow

m

,

»

;

from \ew rleans. was dam gt-rt by collision.
.Montheal. The cargo of coit m of uhip City of MontreHl, recently
dama::cd by Are and wa'ernt Savannah, was being di?' hnrged as rapidly
as piiB^itilu ai.d ttored in the Centra* Pre.49 in Dec. 2Ub.
About 4C0
bill
of the -J.fiO' had been di.«ch/iriied, bit a correct estimate of the
(damage cxnnot be made until the entire c.jri;o \* (>ur.
BniDeKPORT, bark, Morgan, from Ntw Orlt-ausfor Providence (before repnrted), pnt into Key West, Dec 1^, with fore and maitimaf; heads broktn;
would be ub.tged to have new spars.

MOKDAT,
DtHvery.
'.. .9>k«i33a

Deo
Jim-Feb

Cotton freights the past
Liverpool.

.

Steam.

M®9-32

Jtuuday..

ij®!*-'!'

TtieRday..

li'&V-cS

WedMay
Thursday.

—'Stii

U-16

Steaci.

c.

rp.

IS

C|i.

X
\

3>4

— a'^

New YearV
H-l'' cpIl-la cp.

Steam.

tiail.

c.

-©K
—

11-18 cp

.— Uambarg—

.

Sail.

—&ii H

JiiaS-iS
!i^9 3i

Friday....

Havre.

,

c.

—©X
—&H
—®^

as follows:

—
— — Bremen. —
Bteam.

>

Sail.
d.

<1.

Batnrd.iy.

week have been

'4

Sail.
c.

c.

comp.
como.
comp.

•A

—
—
—
—

%
%
H

comp.
comu.
Comp.

%

con. p.

y,

coup.

Holiday

—ax
—@>f

%.
J4

comp.
cump.

a
X

—

—

LivERPOor,, Jan. 3 1:0') P. M.— Bv Oabi.e prom Livej)?OOL. Estimated sales of the day were 12,000 bales, of which
^,000 bales were for export and speculation.
Of to-day's .sales
8,400 bales were American. The weekly movemeut is given as

—

Doo

D«ri

Apr.-iVIay

ft'*3»

fts,

|

Deo. 13.

week

Deo. 20.

balea.

."5.5,000

Forwtwded
Bolca American
Of wliicli exporters t*)ok
Of wliivli apuoulatora took..

5,000
43,000
13,000
-',000
32 l.OOti

Total Htock

American

wliicli

192,000
48.000

Toul

imixiri of tlio week
which .\inorican

Actual export

3t,()00
!>,000

Aiiioniit lUtoat

337,000

6f wluoli Aincricin

27ti.0(M)

Deo. 27.

Jan.

3.

51,000
6,000
42,000
9,000

3.5,000

1,000

1.000

38,000
6,000
28,000
3,000
4,000

32r),ooo

4l.-.,000

200,000

283,000
134,000
118,000
10.000
270,000
227,000

333,000
302,000
71,000
60,000

3,000
27,000
4,000

3.3,000

33,000
10,000

l.-i.OOO

316,000
271.000

320,000
27!t.O<)0

The tone

of the Liverpool market for spots and futures, each day of
the poBt week, and tho daily closing j)rlc«6 of spot cotton, have been a«
folluwtt

:....Sili>

S»i«
011^*

I

5%

Mar.-Apr
Apr.-May

'Delivery.

\

Mar.-Aprll
Apr. May

8>u

IS^g
51-''3a

SSin
May-June
OUaa^'is Jau.-Fcb

I

S^u

DeHvery.
ilia**)*
Juno-July

'tl^

Mar.-Apr

Siaal'aa) April-May
May -June
5»3j

.*>*»

6''i»

I

TlfoasDrvVil""' Year's Holiday..
Fridat.
Delivery.

Jan.-Fob
Fob.-Mar
Mar.-Apr

S'Ju
5>a
.

.

.

'

Jan.-Fcb
51'32
Feb.-Mar. ...5'».i29''ia
Mar.-Aprll
S'^^a
SlTu
April-May

ai'saa^ij

Apr.-May

Delivery.

'

.51^32 »9ig

8"i« May- Juno

Juno-July

May-Juno

5 1832

Delivery.

Jan. -Feb

Peb.-Mar
Apr.-May
May -J une
Juno-July

S*»
5l»sa
8'«

.

5»i(i

S^'M

5S»

'

BREADSTUFFS.
Fbisat.

The
week.

ume
The

p. H.,

January

3,

1K9.

market has been without special feature in the past
Changes in prices have been unimportant, and the vol-

flour

of business, ns usual

hauls

the holiday we:;k, quite moderate.

iu

found to be 333, 003 bbls. Cold
weather has caused production to be furihi^r reduced, and violent
snow-storms have impeded the movement towards the seaboard.
The wheat market has been comparatively quiet, and No. St
red winter has lost the exceptional advance of Ia?t week, due to
speculative influences, prices for early delivery also decHnio^.
The export demand has been limited, and the natural effects of
the reduced receints at the Wett and at the seaboard ports are
therefore lost. To-day, there was no decided c'aange and a limstock in

fir,st

is

ited business.

Indian corn has become somewhat irregular as between the
old

and new

Prime old

crop.

fcarce,

is

Western mired selling

47J948c. white, 48@49c. yellow, 49c., and State round yellow, 6^(gC4c. but new No. 3 mixed going at 45@45ic. on the
spot and for early delivery new No. 3, 44@44ic. ; new Southern
Supplies are
yellow, 46ffl47c., and new No. 3 white, 45@45}c.
moderate at all points, but there were yesterday considerable de
liveries on contracts.
To-day, the market was steadier, bu
rather quiet for bot.li spots and futures.
Rye has rulfd firm, but the volume of business has been small.
Barley ard barley malt ard very firm, with a moderate demand.
Oats do not show any important fluctuations, and transactions
are only to supply the Immediate needs of the trade. The close
to-day was quiet, with No. 3 graded quoted at 30^0. for mixed
and SSe. for white.
The following are closing quotations
a'

;

;

;

;

:

Floor.

tlie

..B^«iim

I

5H

a»y-Juno

&^is33'i8

Doo.-Jan
Jan.-Fob
Fob.-Mar

No.

Of

June-July..

TOESDAT.

-J

&

liurerflne State

Of

5*11

5h.tj

Delivery.

follows:

Sales of

Dttivery.

I

Deo....'

Jan.-Feb
Feb.-Mir

Jan.-Keb
Mar.-AJIril...aiia9>3:ia| Knb.-Mar

ft^V^'^^t

Mar.-Apr... .57|.9Uoj
April-May... .Sil>]j9>ii
May-June
6»ie

oi^

-i

Vtthery.

f>3^

Knb.-Mar

»

City

23

^

Oatiti.

bbl. $2

253

2 S5

Wesl-

«

Whe"t-No.39pring,ba9h. $0 89a
No. ii-prini;
»>&

98

mily l>randa
-outhern shippV extras.

'T® 80
RJected spring
KuU and amber winter 1 (14® 1 09
Hed winter No. 2
1 OSxai 08X
White
1 Ui® 1 U
3 700.190
4 25i$ S 5) Corn— West'a mixed
4«® 48
do N 2,new& old
459
do while..
3 8"@ I 30
46® 49
4ii®
dn Southern new.
4 50® S 50
47
t6® 68
5 SOttt 7 75 Rye— Western
DO
Stite and Canada
3 75^4 75
5Ttt
Oat->— Mixed
29® 38
4 7;® 5 75
While
3114® 8&
I<S^ 1 35
4 I0:ft 4 CO
Barley—Canada West....

Rye flour, saperfino
Corn meal— Wostern.ifci;.
vJorn mial— Br wine. &c

8 73 3 3 10
J 35$ *
i a5® ...

urn
Bxtra Stite, &c
WestJ^rn suring
extras

a 10r» 3 50
Vi® 3 85
!i

..

wheat

do XX and XXX
do winter ehipping exiras

do

«V

>

XX and XXX..

Minnei'ota pat^-nta
Oity BhippinK extrw
Southern bakers' and fa-

M

91®
78®
77®

State, 4 rciwed

Statu, trowed
Peus-Oanada bond&freo

1

00
83
93

Keceipts at lake and river ports for the week en ling Deo. 28,
and from Jan. 1 to D^^c. 28, and from Aug. 1 to Dec. 28.

1878,
Spot.

M.vkct,
ct,
12:30

Saturd'y.
;

Mid. Upl'dx
Mid. Oil'iis

Market,
5

P.

M.

Monday. Tuesday We<ln'aUy Thurtid'y
'o-l't

Ter..llnj!

Firm.

up.

In-

Act vcsnd

qulrv fro
lyMjpplled

(0

•a

[Aroaer.

B%
5=8

5»8

/

Ohlcago
Mtlwaakee.
Toledo

5»8

51'l8
ITDCh'ng^d

banh.
lbs)

bhls.
(190 Ih-.)
ar.oij

At.

Detroit

Onfh'ngM

(

Wheat,

Flour,

Friday.

.

Peoria.

Duluth

3<i8,li'.7

Corn,
bu.-h.
(Rii

lb".)

8?8.i20

6(1,1.8

41', 524

U.T40

^8

108,859
191.265

i;B,Oii
4.;oo
130,200
10.', 100

S.fTl

....

Clevelund
St. Louis

(10

1,«()7

»,(i70

Kliffl
.4,400

18M'9
8,730
....

••

9!«,4r5
....

Oats,
bush.

Barley,
buAh.

Rye.
bash.

(48 lbs.) (561b?.)
6;,7:3
21.365
U5 859
3«,ino
23,770
10,880
6,563
»;a
6,823
4,084
8/,f00
3,«0
*
S4,:M
2«,M3
7,848
88,750
10,000
5,850

(32 lbs.)

>

....

....

futures.

Market,
5

p.

H.

I

>Ualy.

Dull,

b'lt
^

H'eady

J

tcady.
'/;

Wflik.

Thoaoinal g^ilcBot fntnros at Llvertxx)l, for tlia».im!) week, are snvLU
These salo-i are on the basUoC Uutaudg, Low MlddiluK olame.

'>elow.
uiiieiMi

otherwise stated.

Saturday.
Delivery,

Deo
Jan.-Feb
Fob.-Mar

d.

1

.51I30I

O^sal'ii

sV

I

"'Tl

UPPetioen/.

Mar.-\pr
.\pril-.May
.May- J uno

.

•

rf.

5'-2-i5.iir-^i«
-7i«

I

Detittry.
J^jic-July

I3:,j
o "4® I^MlIX?^

5 "32

rl.

59,.

Oi'aaA

Total
Previous week
0orreBi>'ngwcek,'7r.
Ootresp'nK week,'7«.

1 1

1

,251

l.'ir,ai

1H9.93J
1(1,561

,«,«, 174
1,611.0115

71 3,88fl

301,934

9."»).9s7

:it'2,

711,547
817,707

4.1.'>,3-8

117,151
248,913

1

l.lla.SiS

15

11S,6I0
120,925
15:),707

U.:,908

to Dcc.J8 5.811,013 9!>.n93.fM 92,5:^.647 »n.53l.l0t 9.97«,fiS7
iam- lime 1677
5,;0;.^i| 5;,7rit.'J 9 7T,1I'J5, ilk-* ;S,3;r,0ll «.342,I48
Saniotim! 1S78
5,578.9.'iO .V\jSi,14l ^I.0i4,2l9 •-'4 a^l.lfl'' 8 '•Si.-ISM
Same time 18:6
E,0.2,.'il0 'll,'it;9,i,67 18,'i8i,7il 25,i4l.390 6.»13,151

Tot. Jan.

I

4II.8S7

«\8S»
»l,n54
63,277
5,01(I.MI
•4,979,914

2,-34.9
2,8i9,49i

9.57,348
6f,0-f.881 4O,067.3i5 I8,K.'>9.'<(0 7,041,778
2,f':t,tWI 43.4f5,2Jl 3'.0-».»lti 12.511,1.57 »,4V<,8tO 101B.8S7
ijil.<,l>t2 294 5.00t »8.ei'.i,90l 11,014.7110 6, '87.850 I, Ii7,48(

TotAag.UoDoc.23.2.t2l,35«

Same lima
Same time
aamo time

!(I77

1873
li73

3, 114,083 3J,308,(i75 4J,40'J,4.ii» 19,.:;M»J7 t(,a3U.6!:l

93 .064

4

.

.

Sliipmeot* of flour and grain from
aorta from Jan. 1 to Dec. 28.
Com,
Wheat,
Flour,

Weatern lake and

river

^
Rye.

Bar:ey,
Oat",
bash
bush.
bath.
baek.
S.TJS'ISS
5.893.415
S1,5W),10«
;»,Ht,65J
Tot Jan. ltoDeC.»8.«,l«4.851 65,574,868
5,M0,413 41.833,637 67,687,819 17,978,643 5,815,6S5 S,37»,««0
Same time 1871
4.()»7.845 48.79»,«13 76.01U,881 *0,U9).«45 8.94, ,038 «,511.04.
Same lime 16T8
bame time 167i......&;5»9,!tM 57,899.899 ii,*Vi,V>0 10.«S,370 «.8U,450 927,310

bash.

bbls.

Rail abipmenta of flour and grain from

Western lake and river

ports.

Week

Floor,

Wheat,

•ndlne—
Dec S8, l-STO.

bbls.
101..W1
116.302
89,853
99,771

bush.

Dee.

DtC

29, 1ST7
30, 1878.
81, 1875

Com,
bush
485,555
2:?.6I8
491.085
617.963

45I..597

685.054
»1S.3;2
2»»,8«4

Oata.
bush.

Barley,

J6.5,:43

64.1.56

69,225
9!l,« 6
1J8,«95

125:867
69,380
61,731

Rye,
bash.

bush.

15.314
5,544
56.692
11.2)2

Rec«>ipt8 of flour and grain at seaboard ports for tbe week ending Dec 28, 1878, and from Jan. 1 to Dec. 28.
Rye.
Barley,
Oat!,
Corn,
Wheat,
Flour,
bush.
bu^h.
bash.
bush.
bu^h.
bbls.
At—
57,153
13,174
69,009
13.),473
715.504
a%4;9
HewTork.
153.(00
2,5U0

41,71.9

170,400
2,001

3I0,6'«
S2b,000
19,078

85,800
9.000
42,764

1,J53,»50
1,766,451
864,537

977.058
9 .S,775
2,265.9^8

J3n,«42

25.250
89,292

87,025
8,000
7,841
15,440
20.891
18,901

Boston
Portland
Montreal
Philadelphia
Baltimore

McwOrleaoa.

ToUl

188.565

lb,62«

1,200
'eao
19,500

70O

400

SM,iUO

7,200
350

87,874
8i,430
217,090

S0,72(
67,171
23,7'4

68,285,241 20,475,115 5,08 i,026

601,435

2ti8,189

Previous week .... JBO.Wl
190,433
Correep'ng week,T7. S16,iM
Tot Jan.rto De«.t8 9.f85.732 10P,629,276 103,0.19,156 21,198,565 6 247,363 5,.'il0,0;9
87.804,025
8.5<6,H9
46,000,503
20,63S^92 9,6iJ8,072 2,5e6.«2
Bame time 11-77
Same time 18TO ....9.>t39,150 42,741.233 3i.775,lti3 2l,435,60i 7,8ta,OI9 1,88),» 8

8»metimelb75

9,986,256 54,71S,3rt

Exports from Uaitod States seaboard ports and from Montreal
week ending December 23, 1878.

for

Flour,

Fbck—
New York

Wheat,
683,060
51,219
39,292

79,116

6503

....

...

7,261

...

1.180
10.619

...

Total for week..

Previeusweek

Tvjowceksago
Same time In 1877...

From New Orleans

104,702
111.894
117,029
51,814

Corn,
bush.
2i5,lW

bush.

bbls.
...

Portland
Montreal
Philadelphia
Baltimore

and

Oatf,

Rye,

Peas,

bash.
880

bush.

bush.
6,060

17,914

101,524
46,000

187',(14i

eoiiiij

2r8,r.7

112, '98

1,113,714
2.116,442
l,6:i,»91

639,989
1,145,567
830,529
978,443

612,472

890
10,8i3
3,4.«
2,282

1,400 bbls. flour, 6I.6SS bush,

20o6

....

19,944
47.915

51.0»:8

43 947
21,504
2/.417

3S,I>33

27,528

visible supply of grain, comprising the stocks in granarj
at the principal points of accumulation at lake and seaboard
ports, and in transit by |rail and afloat in
York, Dec. 28,

New

was as follows
Com,

Wheat,
In Stokb

New York

at—

Oats,

bush.

bath.

bush.

bush

l,069.tO2
14,400
171,880

918,091
461,000

564,143
209.000
62,116

427.9:11

1,166.761
548,655

»26,'I84

81.'853

7",i43

Buffalo

I,154.(.79

Chicago

5,556,662

2,950,004
18
76i,S89
1,91S,S88

Milwaukee
Duluth
Toledo

2,5H7,.385

32,980

141,423

4 1 8.294

53.6f2
23,938

Albany

»0

I,«i0

137,067
486,2.2
891,624
690.000
383,904

Detroit.

Oswego
St. Louie,

Boston.

2,651

424.0-6
197,5 8

186,084
91,i59
461.050
2,260
2,701
256.497
555.054

(15)

Philadelphia
Peoria
Indiinapolie.

KsnsasOlty
Baltimore
Rtll hipm'^nti'. week
Afloal in New York ( 14)

116,498
131.100
20,591
17,3.11

195,921
218,001

46ti.59I
.

4i5,.555

1,200,000

.

.

125,000

9.0.^8,6'i2
8.85.5,:l«4

1 1.04.5.(^20

8,124,151

..I6.2(»',0i5

7.350,fi53

..16,197,655

8,787,375
9.296,M49
955',ti78 3,01fi,«64
6,109,7^6 3,351,452

Nov.
N>v.
Nov. It, l.«78.
Nov. 9 1878
Dec.

.

.

16.565,79:1

.16 812,«65
.10,191,121

29, 1877

3:j5

1

12S.7.53
&l,'i69

"sic

4^643

84,f6^
401,000

S.700,810
2 968,6:4
3,01l.f8i
2,423.411
2,455,966
2,6)3.774
9,318.963

15',.3i4

875,0

6.248,452

1,722,965
1,565,184
1,608.215
1,200.820
1,191,963
1,289,6 9
1,1S6 357
1,310,174
6.8,367

6,1)00,192

5.701,568
6, 20-1.152

5.483,938
6.-'):i6.6l4

4,966,1:14

5,083,907
4,548,l-<>0

THE DRY GOODS TRADE.
Fbidat, P. M., January

count of back orders, but new businees was vsry slow. The cold
weather has developed a demand for small lots of overcoatings and heavy fancy cassimeres, bat cloakings and repelKentucky jeans have lacked animation,
lents remained quiet.
despite the very low prices at which some makes were offered,
and satinets ruled quiet, but some fair orders for Iweedg were
placed by clothiers. Flannels and blankets were taken in small
lots for the renewal of assortments, but were by no means active.
Dress goods, shawls and skirts continued in light demand, and
woolen hosiery and underwear ruled quiet.
Foreign Dbt Goods. There was a very light demand for
imported goods through the medium of orders and values remained steady, but personal selections were very light, aa usual,
between seasons.
We annex prices of a few articles cf domestic dry goods

—

:

Tleklnsa.

concession from nominal holiday rates. Toward the close of the
there was a little more inquiry for printed cambrics and
ahirting prints by city jobbers, but transactions were lees liberal
than at the corresponding time in previous years. Clothing

woolens have been

in

fair deliveries of

light

demand, and agents continued

of the Southbridge Print

of former orders,

Works

do
do 4-4
do
A.. ..
do
B.. ..
do
C. ..
do
D.. ..
do
E. ..
do
P.
do awning ..
Conestoga
do prem A. 4-4
do do B.4^
do
ez...4-4
do
ex.. 7-8
do Old mdl4-4
do
CCA7-8
do
CT..4^
do Penna. 36
do 7-8
do
do
AA 7-8
do FP
do
K....7-8

Tbe

!0>i

lOX
16X
is'

No. 1.
awning.
No. 2.
No. 3.
No. 4.
No. 5.
No. 6.
No. 7.
No. 8.

do
do
d<

16
15
15
12)4
13>i
12

AA

io"'

17

Methuen AA..
do
ASA.
do

..

...4-4

Omega medal.
do
do
do
do

8J4

do

3'j

32
36

...

ACA..

ACA

32
36

..

A

Pearl Rive."

14
13
12
10

BB
A

..

Minnehahi... 7-8

10
9

Bamilton BT..
do
TT.
do
D...
Lewieton A..
do
A....
do
A....

4-4
7-8

do

14
13
llii

...

.

Width. Price.
Lancaster

14
16
16

22-25

AAA....

Falls

17

32

ACE.

do
do
do
do
do
do
do
do
do
do

Palmer
Pemberton

B

do
do

I'H

AA

..

25
17
15
IS

,">*
14
12)tf

E

11

Swift River

10-

ThorndikcA.. ..
do
E
Willow Br'k No 1
York AAA.... la
do

8
.

13%

28"

14V

iS'/i

18
15

20
17
14
18
18

.

.

B
9

15X
15

12«

Goraet Jeans.
Amoskeag

.

Androscog'n sat.
Cnnoe River
Clarendon
Uullowell Imp.

do

.

I

'.X
6
6Ji
7

HamiltOii

..

Ind. Orch. Imp..

do

I

1

I

I

brown
I

Nanmkeag

7

eat.

Newmarket

eat

Kcarsirge, sat...

lU

do brwn&b.k
Laconla
Manchester

T>4
7)4

National

"X

.

Pepperell, blea.

do
Rockport

sat.

..

9X
9

7«

Suflofk

Denlma.
Amoskeag
do
A.\I.
Boston
Beaver Cr.AA.
do
BB.
do
CC.
Colnmb*n h^ybro
do XXX bin
Caledonia,

XX

do

.

X..

16
15
8

Carlton
Everett

13X

OtisAXA..

15

Lewieton

'
I'.i

BB ...,
doro ..
do

12
l«'/i

12)4
10
i;vi

.

Pearl River.

15
15

Thorodike A..
Unrasv'e UCA.

10J4
12

York
Warren AX A..
do BB ..
do CC. ..

15V

Gold Medal...

»X
9X

Haymaker

Palmer

12
11

failure

Far. & Min. No. 7
No. 8
do
No. 9
do

I

Economy
Far.ft Min, No. 5
do
No. 6

....

18>f
12)»
11

Park MillB,No.50
No. 60
do
do
No. 70

10
11

&

P. Coat'a
Clark, JohB,Jr.
brooks
J.

Qreene&Daniele

67)4
67)4
S7)«

IHolyoke

15
I0>4

14i4
15>tf

16K

Prodlg/

Lewiston

A

:3x

I

27X

25

Home
1

60

Hall

King's 3 cord

Alamance...
9)4

Bates

8

I

.

I

I

I

AmoekeagJ

I

I

|

Stallord

....

Willim'ntiiBcd
do
3 cord

40
S5
57^4
40

I

GIusI><»>ia.

Miami

I

Lar caster

9

Namaske
I

Merrick
I

I

& Manning

Domentlc

& J. 11. Saunder) Qlasgowfancy
8X
n. stand ....
much regret, as they Qloucestei,
Mohawk

Plunkett

Randaimon
Rentrew dr'e?

late depression

in tbe print market.

Park Min?,No.80
do
No. 90
do
No. 100

12)4
l:l,V

Spool Cotton.
Clark's.O.NT

(Messrs. T.

announced in the trade, and caused
have made a gallant struggle to withstand the

AAA.

Cordis

15
20
15
14
13
11)4

to

light-weight fancy cassimeres, cheviots,

and worsted coatings on account

Width. Price.

Width. Price.

Checks.

week

/^^s

—

Domestic Woolbn Goods. There were comparatively few
out-of-town buyers in the market, and operations in clothing
woolens by the local trade were few and unimportant. Agents
made further deliveries of light-weight clothing woolens on ac-

3, 1819.

Business Ihe past week was mostly of a hand-to-mouth character, as is usually the case during the holidays, but considerable quantities of CDtton goods lately held " on memorandum "
by jobbers were charged up by manufacturers' agents at a slight

make

prints.

74,-:o»

15.324
4,193

165!743
SBD,OtO

..18.917.«0
.

16,0

32,000
40,931

8,210
10,788

..18.843.018

1878
30.1878
21. 1678
7,

94,013

706.000
221,825

6^372

Dec
Dec

19

1,2.3;)

900

..18,2*1.701

8.525,!^

1

7,1:12

87.915
118,872
ll.SOO
25,177

Total
Dec. *1, 1878
14, 1818

4

8;4,(K.O

8:1,794

Toronto
Hontrral

Rye,

Barley,

bush.
8,8".1,;61

[Vol. XXVIII.

firm at 3Je. cash for 64x649, and 2|c. cash for 56x608. Dark
fancy prints were almost neglected, but tliere was a moderate
'
inquiry for shirtings, light printed cambrics, and " pitchwork

Amosk'g ACA.

The

.

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
The market was quiet the past week, but prices ruled
in 1874.
steady, and a few makes of brown and bleached goods, dyed
ducks, &c., that have been selling below [their actual value,
were slightly advanced. The supply of cotton goods is well continued, and aj small advance along the whole line would not be
surprising. As above stated, some lines of goods lately held on
memorandum by jobbers were charged up at a very slight reducPrint cloths were quiet but
tion from nominal holding prices.

wheat, 28,138 bash, com,

116 bush. oats.

1878,

. .

THE (CHRONICLE.

24

Dec.

.

8
9
style

Baird

7

:

Belfast
Shirley

I

White Mfg-Co

I

Carlelon
JohiisoQ

«X

Mfg Co... U)(

Stripes.
Amcricin

SH-^X Century

27

...

I

OtieBB..-.

DoMBSTic Cotton Goods.— The exports of cotton goods from Amoskeag
Park Mills Ch't
Wii-U}4 Columbian
9
do
fancy
ThorndikeA.,..
I'K Everelt Cheviot
10
this port during the week ending Dec. 31 were 785 packages,
of Bates Cheviot..
8
do
heavy
do
B....
11)C
which 207 were sent to Brazil, 115 to Japan, 114 to Danish West Belm'nt Chev't
14
Hamilcon
10X-11)4 Uncasville A...
1

"X

|

'

Indies, 106 to Argentine Republic, 67 to Great Britain,
&c.
toul exports of domestics from this port to fareign

The

countriw

Clarendon do

Lew'nAA.Chev

Creedmoor do
Cberwell
do
Ceniory
33

Massabesic

do

A

....

do
UCA. 10-11
9
Whittenion AA
do
B...
8

1

.

Jancart

..

———

.

THE CHRONICLR

4, 1879.

dry groods at tbla port for the week ending
Jan. 2, 1879, and for the corresponding weeka of 1878 and 1877,
bave been aa followa
KHTIRID FOR CORfCirPTIOH TOB THS WICK >in>n<0 JAW. 3, 187l).
importatloDi

of

:

819

TotaJ

41«

Sl!|,3»«
StW.JflO

M8

U9

18.1,

a.ssi

|'8J6,979

14*,ll«7

85*

tl.Ul

$M0.7e3

»»4.4M

l<3
8C3

941

3^1

also the receipts for the year 1878 and for the year 1877.

1IB.9:8
91,817

S&5,5"5
Z^4,31&

440

7 to

88,(38

2319'

t9S4,a09

114

|4C,n«
84,958
S0.619
«8.854
14,699

764

t303,S€6

Add ect'd for cona'mp'u

8,897

Tot. thr'wn upon mark't

Sfitl

.

ToUl

lOJ
155
56
S6i
618

146,464
65,798

|20t!,70l

i,«0,76J

1.199
«,8Jl

11,164, t66

4,080

48
107
S8
90

80.658
26,814
9,665

lIaoar>ctnrea of wool,

191

cottoi>
do
rilk..
do
flax
do
Miaceirneoaa dry goodt

ISl

15,046
118,041
934,V05

ilioAesi" Ts!88

11,050,246

2,922

bbla.
bbla.
bbla.
bbla.
bbla.

7,857

15,468
£9.546

341

281

6t),:3l

32,48S

112

23,398

4,-)-25

11,385,669

3,818

$342,614
931,306
tl,276,8I9

Importa of Leadlnic Article*.
compiled from Custom House returns,
shows the foreign imports of leading articles at this port for
tlie year 1878 and for the year 1877:
[The qaaatlty ia gtvea In pacxages when not otherwiae apecilled.]

The following

table,

Year

Tear

Year

Year

1878.

1S77.

18 -.8.

1877.

China, Qlaae and

Sartbenware—
China
arthenware..
Qlasa

Slaeaware
Qlaaa plate....
Bationa
Caal, tona
C>coa baga.

Ootton.balea
Drage, AcBark, PeraTiaL.
Blea. powdera..
Cochineal

Cream Tartar..
Sambioi

Sam,

Arabic...
IndlKO

MadderAExtof
Oil.OliTe
t>piam
8oda,bl-carb...
8oda,eal

Sodaaab
Flax.

Fora
cloth

Hair

Hemp.balea
Hldea,

Ac—

Brietlee
Hldea, dreaaed.

India rn Dber
iTory
Jewelry, Ac.—

Jewelry .......

Watchoa

Unseed

14888

Hardwaie

40.4U';

Lead, pi^a
8pelter,Tbe

«S2,745
36,327

Steel

Tin, boxea
6,54ii
Tinalaba.lbs...
8C,S5t Paper Stock

5.U4SI

7,8411

8,807
130, !V8

...

Coffee, bags

SannT

Cutlery
15,8?5
37,99U
222.096
31.012

21.842

23,317

,813, -U3

l,80.i,»a5

Sagar.hhda,

27,140
4,466

58.^,3;3

Wlnea,

2,306.00'
1.051,460
t9,iv5
4b7

Ac—

Cbampagne,bfct.<.

102,813
13".433
13.176

65^265
Wlnea
6.672 Wool, balsa
5,37i Arliciu reported bv

16.226
8,672
5.588
6.(«0
86,7S0
1,016
21, ,27
66.686
70,430
8,.08

Corka
Fancy gooda

25.587
65.381
65.59a

Pieh
Frulte,

5,ltib

Lemona

7.3li4

6,; 18

1,555
5.7i:
164,047

4,£25

Orangea
Nnta

«
1,3S3,495
63.766
9^7,721
576,922

3,h-.0

1.368.541
1.464,11s

Raialna
undreaaed

.

Kice
1,828 Spicee,
6,338
Caaaia

Ac—

l.W
6,011
46,ti«9

6'.',

'04

Qlnger
Pepper

C&l

1,76(

Saltpetre
593
215,465

Sllba

bbla.
galls.

Peanuts
Provisions-

bueh

Pork
Beef

pkga.
pbga.

Cntmeata

pkga
pkga.

Buttf r

Cheese
EgglAid
Lard
Hogs, dresacd
Rice

Sugar
Sugar
Tallow
Tobiicco.

pkga
i.bla.

tea.

A bbla
kcge
....No
pkga.
.elaba

bx=. and

nki^a.
caaee,

hhda

Whiakey
Wool

bbls.
balea

124-3.685

289,310

302,283

BeeEwax.
Flour, wheat
Fhiur, rye

169,093
6!,6i0

122,476
118,S32

Wheat

8S'5,121

465, 6iO
419,ii54

Odta
Burley
Peas
Corn
Candles
Coal
Cotton

. .

661.72'i

.

Ii2,(i8-J

587,585
58.) 46

82,9(19

Kye

Kambarg
Antwerp
Havre

....
.,

Maraeillea

Conlincntal Porta

Snath and Ccat. America

Weet

I[idi«'8

ana N A. Coleniea!
Other conntrlea.
Brit,

Oenoa
Total week
Frevioaa weak

NaVal SUJrea—
Crude turpentine
Spirits turpentine

Roain
Tar
Pitch

Lard,

Bacon,

Cfaeeae,

Tallow,

Iba.

Iba.

Iba.

Iba.

45f,807
721,860
172,21C

440,600

Oil

cake

.^,

••«

40
20
184

80
75

1,53;

815

1,519

5

2,046,800 10,501,772
8,250
324,425
162,670 1,437,32:
1,216.600
308,7:0
567,iOO
857,000
761,60n
450,3(0
9S9,800 1.099.126
195,400
401,125
451,791
294,087
57,230
560,496
226.1*12

49.6(X)

122,100
7»2,0a>

120
....

817,^20
81,920

6,628
24,411

15.511
22,636

.

1,028

5,i'0o

20,4n

»co

27

26

47,101

2,861.

26,263

....

7,152
9,623

8,269
3,126

...

8,000
2,120

914
4,2 16

938

••>•

4'J.9I1

3»,t»

74,:»S
21.321

20.010

1867

816

55,002
90,562

13,794
73,622
200,438
99,897
160,190
104,616

,

e82

.

21:i,755

116,011
219.415
87,759

l.-),849.0r.

1.406,162
1,787,838

1,910,787
8,27.J,e55

Year

Year

1878.

1877.

SO

1,494

250

•

164,9:4

1,460
271
133,3£0

bble.
bbla
bbls.

buah.
bU4h.

69,636
60
2,767
819,452
26.945

502.788
55,0 9,389
4,081.811

boah.

1,8^1

3,1.5:1,905

bash.
bnah.
bnah.
pkga.
tons.
balea.

bbla.
bbls
bbla.
bbla.
bbla.

6.712
864, W5
8:16

(72
9,047

615
(32
1,598

97
2,724

75

2,6-30,137
4,:i75

1

1,518,722
47", U4

27,410,781
49.V79

61.2M
455.583
1)9,764
61,521
51,231
135
16.964
289,772
7,948
5,«46
8,168,707

cwta.

1»,S»9

gala.
gala.
gala.
gals.
gals,

...

611,893

21.612

1,26(>,V41

857

10,983
295,098,522

1,537,106
7.993
220,989
21,355,774
8,019,796
257,631
2,412,309
•i8r,n3i

26,373,912
50,8:4
88,430
407,962

102,218
61.010
89,894

200
25,703
232,800
10,879
46,481
1,316,945

4«.;«8
.

8,885,726

109,994
402,0t3
1388.253
12,763
231,127,395

PMvielona—
Pork
Beef
Beef

Cntmeata
Cheese
Lard
Rice

231,400

8,095,'259 50,005,55.

Lard
Linseed
Petroleom

Bntter

....

6,604,164

471

l.*!8,737
8,179,963
466.296
771,279
48,818
29,478

!8,S»1

t3.tM

Olla—

Whale
Sperm

70
20

188,070
50,880
1,064,780
1,289,449
2,421,310
474,807
497,732
42,582
78,!Wr

37,5-,2

735

22,704
S,17A

S21.594
1,4H,.'>«2

1,R6.3

8,871
79,210

Ua,18&
l«>.7»

2;i2

14,937
2,792
16,434
2,470
l,9f5

47a
137.019

BreadatuflTs

Corn meal

Beef,

V81

5,69«

I2!i,144

122.688
4,617,400

482.825
19.016
116,081
83,240

89,2:16
21,5:19

lbs.

Dalea
balea.

823

2,880

bbla,
bbla.

Hope

30
44

2.858
71,827
387,186
31,413

154,880
217.988

based upon Custom House returns, show*

Hay

Loadon
Olaagow
Btemea

U6,ti(
1:6.068
8S,.M1
4,428.065
824.373
38
174,309

3,.386

Week ending
Dec 31.

li','<19.^82

£9i,176

table,

Exports or Provisions.

637

4[).8;0

the exports from New lork of all leadioj,; articles of domestic
produce for the week ending with Tuesday last; also the experts
for the year 1878 and for the year 1877.

are the exports of provisions from New York,
Boston, Baltimore, Piiiladflphia, Mon'real, Portland and New
Orleans, for the week ended Dec. 28, 1878, and their distribution:

1,680
1,903
121

8.793.210
868,412
823,21*

Exports of LeadlnK Articles of Domestle Prodnee.
The following

Aehee, pots

The following

Urerpool

625
4,618
631

hhde

pkga.

Pork. bbls.
bbla A tea.

60
768

bbla,

.,

Deiuestica

To-

i3,-.6a

pkga.

Tobacco

A:^he8, pearle

877,868
15.600

Fuatlc
.

Oil, lard
Oil, whale

l.f,04,63S

2i2,4;3

Cork

Logwood
Manogany

pkga.

1.37r.J94
911.358
1,610. l.M

Wooda—

2.723
636
881,S4S
9-,7i3

2,581

Pitch

Oilcake

D03,t68
1,439 441
1

148,219 Hldea.

102,903
130.908
45,816

t
61.949
1,178,351
655,863

Ac-

531.648
2.846,638
966,269
67,67?
791

l,5;8.o'.2

6,49.^

41.154 Cigara
1.75:J

Tar

12.i;»,8«

6,3f8.iir8
70.1.422

4,268.169

A

bxa Abaea.

Tea
Tobacco
Waate

S2,6I1

45,424
i0,4l7
8,918

tee.

4.0O2
3,806
6^4
1,218
7.255
106 924
1,069,3.3
97J.7a2
41,394
17,050
1,298 033 1,04W,4S5
10,982.162 11,315,310
131,948
1^,706

bbla

6,41S Sugar,

4.974

Turpentine, apirita
Roklu,

Spelter
Steariue

Ac-

Metala,

No.

Naval Stores
Turpentine, crude

14.479.595

290.158
196.078

7.097
10,116
1,854
1,822
87,904

41

8ti,i

8j. 113,272

9»J

baga

8,877

M,TJS
3,808.788
238,090
24,891,237
1,9«».«07
8t,»t»,10S

958.488

bbla.

68,359

4,624,S8«
1K9.229
t2,'27.6!l3

80.808
1,521

bbla
bags.

Hope

4,200
l«,78«

bales.

bhda.

81

$l,-«»,S8o

3,663

Tear
isn.

irs.

7,S<.8

Mo!a?Bei^

313

993
2,619

Year

bni*h.

MolHaaea

165,138

194

1558.891
826,97s

buab

Lead

17n,-103
711.017

1,494
2,831

Data
Barley and malt
Peaa
Cotton
Cotton teed oil
Flax eeed
Gruea teed.
Hldea
Hidea

i.:oi

890.200
2,410
89,400
61,215
82,446

|SB,002

203

9ti0.7eS

Corn

78,»I«

bbla.

buah.
bnah.
.....bnab.
bn>h.

Leather

>D.

87,1182

SM9.12I

bbls

88
1,410

bales
balea.
aides
plS*

tllN04S

766

Tot'l entered at the port

18,feai

291
51;

Add ent'd for cone'mp'n 28»;

Total

S2.4n

t9«.121
74.801

39
Vi

.

121.094
89.173

1.467
«,819

Bsraaao roa warbboobiho durino sams rsRi

bbls.
bbla.

Breadntuffa
Flour, wheat

Wheat
Kye

i,M*

826,978

Aahes
Bcana
Corn meal

BAMS PIHIOD.

150
48
1S4
HIS

Manufactorea of wool
cotton
do
«llk..
do
flax...
do
HlaccU'neoBa dr/ good>

Week ending
Dec 81.

Ml

WITHDBAWN FROM WARBH0C8B AMD THBOWN INTO THE XARUCT
TIIK

The followinit table, baaed upon dally reports made to tb«
New York Produce Exchange, shows the receipts of leading
artlclea of domeatie produce io New YorA for the week endlnf
with Tuesday last (corresponding with the week for exports), and

Valoe.

>n6.149
M9.301

810

l.ir.g

rllk ..
do
Okx...
do
MitceU'Deoaadrj goodr

Pkg*

Valne.

Pkg..

Value.

m

Maoofiictares of wool.
cotton
do

187V

1878.

1817.

Pkgi.

25

Receipts ot Iicadlnc Articles of Domestic Prodace.

liHPartalloua a( Drf Uoa««.

The

.

bbla

3,900

bbla.

2.38

tlercea.
B>a.
Iba

887
ll,9024t4

As.
I>a.
bhie..
ttt.

Tallow
hhda.
1 obacco, leaf
Tobacco
balea and caaea.
Tobacco, mannfactared
Iba.
Whalebone..
iba.

436,686
1,103,351
5,165,870

318
1,071,895
2,585

199
81.821

637

946,184
49,150
69,(<68

478,179,518
23,5!«i,>108

186,735
40,160
67.«7»
26t,749,»8r
19,832.176'

\M.Oif!,M

Un,-.9<,18»

269,123,481
«^,0v>
78,060,790
118,789
88.179
7,610,842
115,143

183,837,i;01

26,170
67,495,588-

95.001
47.130
B,B6t,8«e
84,840

J

UNION TRUST

&

Paton

Jesup^

Co.,

BikNKEBS,

New

62 William Street,
Accoonu ind Agency

termi'.
ilrm» and tndlvldaalarecelTed upon fBToraWe
DlTtdenda and Interest collected and remitted.
coupons
Act as agenu for corporations In paying

also aa transfer ijgents.
Bonds, stocks and secnrltles bought

•od dividends,

and sold on

.commission.

Sound railroad and municipal bonds negotiated.
Funds carefully lnvestc.1 In Western farm mortCa^es, and

&

Kennedy

Co.,

B.INKEBS AND OTKKCHANTS,
41 CEDAR,

WILLIAM
York.

CrvR.

Mew

ST.,

Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, anJ Is a

LEGAL DEPOSITORY FOB MONEY.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N B.-checks on this Institution pass through the

Thompson

PEA'y.

Wm.

ACGOSTUS SCBKII.,
Weslkt,

Son,

York.
No. 59
DEPOSITS liECEIVED SUBJECT TO CHECK AT
BIOHT. AND INTEUEiT ALLOWED OS D.llLY
BALANCES.
OOVEKNMENT BOKDS. GOLD, TOCKS AND
ALL INVESTMENT SECURITIES BOUGHT AND
J

SOLD ON COMMISSION.

Hilmers,McGowan & Co

BOX

merclal

i;:!erton

a

Clinton

AND

charter to

Com

.

H.

R MAK7IN,
TRUSTEES:

C!!AS.

VlCe-Pres

Alei. McCue,
Hcnrv Sanger,
Chas. K. Mai-vln, A. A. Low.
niomae Sullivan, AIjw. B. Bayll-*, Henry E.Sheldfn
a.E. Pierrepnnt, Dati'iChanncy. John T. M.'irtln,
Joslah O. Low, Kipley Ropes,
ilex. M. White,

Wm.

Edmund W.
R.

&

R.T.Wilson

No. 13

S4

52

&

Co.,

EXCH.tNGE PLACE,
NEW YORK,

Transact a General Banking and Brokerage business In Railway Shares and Bonds, G-.'Vcrnmcnt
Becurlilcs and Gold.
Attention given to Miscellaneous Securities.

NEW YORK,
IM Pearl

&

Bank

or

COMMISSION MERCHANT,

W^ALL STBEET

COR.

14

AS

OLYPHANT &

for cash or

STOCKS, BONDS and QOU)

C.

W. TBASK

W.MOLBLI.AN. JB.

Commercial Cards.
inANCHFSrEK

No,

John

Works,

1

1

Old Mlp,
ONLY

Fire EuKlncs,

W.

G.

MEANS,

Treasurer,
40

Russell

Wat^r

&

F. Wheless
COTTON

street.

Alden Gaylord,

New York,
OBALEB IK
LOUIS Cli-Y
COUNTY BONDS
AND AT.L CLA8.<4BS

ST.
UJVKbTMENT

St.,

Ac.

d>

OP
MlliCELLA.'<KOUS 8ECUEITIKS
to

W. S. Nichols

* Oi, BuUera

Stbbbt.

Boston

Co.,

105

\

Watbe

St.,

W

Transmlsaion
Power, &c. Also Gai
van'.zed Charcoal and BBtor
hips* UltfgmK, SuspensKtt

c^llnod Pianos,

of

N Y
.

Ltritigfis, Derrick Guys, l-'erT"
Koju-H, Ac.
A larin'e btoi71
constantly on hand fr(
wliicii any dealivd Jentrlh
are rut. FLAT STKEL
IRtlN UOPES for Mlnlig

Je., lOS

Watsb

St.,

m

A>D

purposes manufactured lo

Hong Kong.

Office,
AORXT,

POMEBOY

Corre-

STEEL AND CHARCOAIj
IRON of Bupeiior quality
suitable for MINING AND
HOISTING PURPOSES. ID.

Shanghai
Banking Corporation,
8,

ord-„'r8.

Wire Rope.

Hong Kong &
Head

Co.,

RKFi£KB.^CE8. -Third and Fourth National Banks
ana Proprietors of Thb Cubomclb.

(near Wail),

M Cbmteai;

&

NASHVILLE, TENNESSEE.
Special ftttenfon given to Splnnt- rs'
spondence s )IIcUcd.

MANCilESTElt, N. H.

^Superintendent,
Snperlntei

York.

Supplied.

COMMISSION MERCHANTS,

Hambnrg and Locomotives and AmosUcas Steam

claas reference*

Co.,

OF

SODA.
New

The Jobbing Trade

Co.,

&

York.

MANUFACTURERS OF

Sale.

MASUl'ACTUKESS OV

&

New

SUPER-CARBON ATE

on a margin,

InTostment Secnrltles For
P. O. BOX 2,647.
A.M.RlDDBB.

St.,

John Dwight

i

etert by penulsslou

Co.,

CO., of China,

104 IVall

C OM MISSION MEBCIIANTS
AND SHIP AGENTS,
BANKERS AND STOCK BROKERS.
Hons Kong, Canton, Amoy, Foocliow
EtocVs bought and sold on the NEW YORK STOCK
Slianglial and Hankow, China.
EZCHANUh on a margin of 3 perctnt. If dei-lred
Equal attention given to small and larKeluvestuients.
Boston Agency,
New Vork Agency,
Any Information given personally or by maU. Elrst- J. MURRAY FOKBES.f 8. W. PO.MEROY JK.,

83 Wall

2,6»4.

&

Olyphant

Transact a General Banking Business, Including the
purchase and sale of

Manchester,

J.

BOSTON.

Exchange Place,
Post Office Box

OF WALL STKBKT AND BROADWAY
Ne-w York.

Locomotive

Co.

HAMBUKQ.

St.

Parker,

Charles E.

Foote,

CAJ Co.
BANKERS,

JOHN BEUKNBERG, GOSSLER & GO ABESTAS BLOOD,

No. 16 Broad

Id stock.

Canton, China,

London, (Limited.)
HOUSE IN EUROPE,

Peck, Gilbert

Bunting Company.

Widths and Colors always

Hong Kong, Shanghai, Foochow and

COBBK3PONDKST3 OT

International

all

No. 109 Dnane Street.

TO State Street

GOSSLER

toH supply

COMMISSION MERCHANTS,

BOSTON.

Street.

t'nlted States

A

Co.,

STRIPES.'

Also, Agents

beprbsektbd by

RAILROAD SECURITIES.

D. Probst

•

'AWNING

Se.retarr

BUY AND BKLI.
GOVERNMENT BONDS, GOLD, STOCKS
MISCELLANEOUS SECURITIES,

York.

SPECIAL ATTENTION GIVEN TO THE NKGOTIi
TION OK

J.

kinds of

all

COTTON CANVAS, FELTING DUCK, CAR C0> ER
LNG, BAGGING, RAVENS DUCK, SAEL T WINKS
ftC. " ONTARIO SEAMLESS BAGS,

BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, Newr York.

&

Id

COTTONSAILDUCK

Corlles.

BUNKER.

Co.,

MAPufactuiers and Uealerfi

And

J.S.Bockwell,
John P. R«lfe,

Austin Corbin.

Turner

Brinckerhoff,

&

St.

t.

WalstonH. Brown&Bro.
BANKERS,
Pine Street, New

BOSTON,
15 Cbaunoby
PHILADELPHIA,
& W. DAYTON, aso Chkstkct Stbbbt.

RlPl^RY RiU'ES. President.

moaey.

FBZD. A. BSOWH.

DBOWX.

J.

Various Mills.

"Whitb Stbbbt.

.,

bills.

WALSTOH

NEW

45

ai t

It can act as agent In the sale or management of real
estate, collect Intel est or aividenfls. receive registry
ant" trauBfer hooks, or niHke purchase and sale of Govern:, tnt aid other securities.
Killgious and charitaiile lustltutlons, and persons
anaocustoraod to tue ti atecction of business, will RnS
this Company a safe nnd convoMirnt depository foi

Hatch

2,S«.)

From
YOKE,

execa or or aumliiU*

guai-diflE,

iTIills,

Hosiery, Slilrts and Drawers

Brooklyn, N. Y.

sts.,

New

Atlantic Cotton Mills,
Saratoga Victory Mfg Co.,

Williams

Company is authorized by special

FOREIGN EXCHANGE AND GOLD, BANKEBS,
63 Wall Street, New York.
(P. O.

AGENTS FOR

vvaithlngtoii iMIIIb, Ohlcopee Mfg Co.,
Bnrllnston Woolen Co.,

SAMUSL WlLlETS,
Wm. WhiTKWBIOHT,
Gbo. Cabot W abd

The Brooklyn Trust Co.

IN

Special attention paid to the ne^atlarion of

E.R.Mudge,Sawyer&Co

H. OGILVIE, Secretary.

Cor. of Montague

IIULIX NEEDLES.

400 BROADWAY, NEW YORK.

EXECUTIVE COMMITTEE.
M. McLBAJf,

J.

.

BANKERS,
Wall street, New

BROKERS

Vice-President.
Whitbwbight, id Vice President.

S08AB M. CULLBy Counsel.

&

Cisco

J.

Piesiaent.

trati'r.

All business relatlngto the Construction and Equipment of Lallroada undertaken.

John

KING,

1st

aa receiver, trustee,

Steel Co. (Limited),

PlTlSBUKOa,

EDWARD

M. McLban,

This

AND THB

.'TliLWAitU'N

tor,

J.

joHNSTowy, PEny.,

$1,000,000.

-

.

Transfer Agent and
Registrar of Stoclts.

G. G.

Cambria fron Company,

^gar

rr

.

E. B.

Buy and sell ItsiSlroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL KAILS made by the
'

.

St.

HAS 8PECLAL FACILITIES FOR ACTING AS

J.

S.

Bro.,

NEW

Clenrlng-IIouse.

th2 Interest collected^

&

CO. George A. Clark

YOiiK,
OF.
No. T3 Broadway, Cor. Bector

CAPITAL,

York.

Bank§. Corporations,

of

Commercial Cards.

Financial.

Financial.

J.

Vol. XXVIII

THE CHRONICLE.

26

JOHN
N. Y,

43

MVSON & CO.,
BroaUway, New York*

W^,

I