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omnttrtfo
MAGA3INB.
MERCHANTS’
HUNTS
$ W^«It 1 if |)k w g j) a p e *,
OF THE UNITED STATES.
[Entered, according to act of Congress, in the year 1881, hy Wm. Br Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l
REPRESENTING THE
INDUSTRIAL AND COMMERCIAL INTERESTS
NO. 811.
SATURDAY, JANUARY 8, 1881.
VOL. 32.
THE
The Financial Situation
Additions to Currency in Two
Years
Cotton Consumption and Over¬
land Movement to January 1
CHRONICLE.
25 Course of Prices of
Retrospect of 1380
28
Railroad
and Miscellaneous Stocks for
the Year 1880
Course of Prices of Railroad
Bonds for the Year 1880
The Debt Statement for De¬
26
27
....
33
35
cember, 1880
United States Treasury State-
38
men t
Year 1880
32
Course of Prices of Govern¬
Monetary and
Commercial
ment Securities for the Year
English News
Miscellaneous
Commercial
and
1880
32
News
Course of Prices of State Securities During the Year 1880..
32
THE BANKERS’ GAZETTE.
38
j Quotations of Stocks'and Bonds
I Investments, and State, City
42
Quotations of Sterling Ex¬
change for Every Day in the
Money Market, U. S. Securities, Railway Stocks, Foreign
Exchange, New York City
Enterprise is becoming more varied
and general, and mercantile business is on a much more
conservative basis than a year ago.
Failures must of
course take place, as they do at all
times; but those of
the past week were in great part, if not wholly, due to
disease contracted years since.
A special feature of our financial market the next
twelve months is likely to be closer relations with London
the whole country.
CONTENTS.
38
38
We notice in a recent article in the
London Economist that the total amount of new capital
than
before.
ever
subscriptions placed during 1880 was £122,200,000, of
was subscribed wholly in Great
40 |
Banks, etc
THE COMMERCIAL TIMES.
Commercial Epitome
45 I Dry Goods
50 Britain and the remainder partly on the Continent.
Cotton
45 Imports, Receipts and Exports 51
The subscriptions in 1879 amounted to £56,500,000, in
Breadstufts
50
1878 to £59,300,000, in 1877 to £51,500,000, and in 1876
to £43,200,000.
During the year many of our first-class
Ctamiclc.
investment
properties were placed on the European mar¬
The Commercial and Financial Chronicle is issued every Satur¬
day morning, with the latest news up to midnight of Friday.
kets, and they have already become favorites.
Within
[Entered at the Post Office at New York, N. Y., as second-class the current week the Northern Pacific loan and the
mail matter.]
Reading deferred bond scheme are both reported by
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE*
For One Year (including postage)
$10 20.
cable as entirely successful, the latter securities being
For Six Months
ao
6 10.
J
and Corporation Finances...
43 which £69,900,000
on the London market. This will
Subscriptions will be continued until ordered stopped by a written doubtless encourage attempts to introduce other Ameri¬
order, or at the publication office. The Publishers cannot be responsible
can schemes
in the European markets, and it is antici¬
for Remittances unless made by Drafts or Post-Office Money Orders.
Annual subscription
do
Sixmos.
£2 7a.
in London (including postage)
1 8s.
do
do
Advertisements.
Transient advertisements are published at 25 cents per line for each
insertion, but when definite orders are given for five, or more, insertions,
a liberal discount is made.
Special Notices in Banking and Financial
column 60 cents per line, eaeh insertion.
London and Liverpool Offices.
The office of the Chronicle in Loudon is at No. 74 Old Broad Street
and in Liverpool, at No. 5 Brown’s Buildings, where subscriptions and
advertisements will be taken at the regular rates, and single copies >of
the paper supplied at Is. each.
WILLIAM B.
DANA,
JOHN ft. FLOYD,
?
t. 5
JR.
WILLIAM B. DANA & 00., Publishers,
79 & 81 William Street, NEW ^ORK.
quoted at
a
premium
pated that thus foreign capital will be extensively em¬
ployed in promoting railroad enterprises in this country.
the
London market is again outward to a limited extent.
The following table shows the relative prices in this city
The movement of American
A neat file cover is furnished at 50 cents; postage on the same is
17 cents. Volumes bound for subscribers at $1 20. A complete set of
the Commercial and Financial Chronicle—July, 1865, to datecan be obtained at the office.
THE FINANCIAL
SITUATION
The Hew Year opens with very promising conditions.
To be sure, there has been a check in the upward move¬
ment
of the stock market ;
but that
was
anticipated,
being a natural result of the rapid advance in the clos¬
ing months of the old year. Besides, Wall street, as is
on
and in London for the week.
Post Office Box 4592.
Jan. 3.
'
securities dealt in
Lond'n N.Y.
Jan. 4.
Lond'n
N.Y.
Jan. 5.
Lond'n
N.Y.
Jan. 0.
Jan. 7.
Lond'n N.Y. Lond'n N.Y.
prices.* prices. prices.* prices. prices.* prices. prices.* prices. prices.* prices.
U.S.4s,c.
112-88
U.S.5s,c. 101-24
50-80
Erie
2d
con.
Ill. Cent.
127-79
N. Y. C..
155-44
112-05
100-92
4907
101*
48*
102-20
100*
10225
101
125*
153-90 151*
28-73+
55*
125*95
125*
125-95
120
151-09
150
152-06
151
127*
120-09
120
120"54
155
15092
150
•
Reading
112*
100 92
102-41
102
102-57
112-85
112*29
101*13
20-31+
52
48*69
26-28+
52
112*
101*
48*
112*
101*
49*
101*
112*
101*
43*
100*
112-70
112*
101*
50*
100-70
4974
10215
28 281
55*
48-83
28-16+
50*
Exch’ge,
cables.
4*85
4-84*
4-83
4-83*
Expressed in their New York equivalent,
t Heading on basis of $50, par value.
Note.—The New York equivalent is based upon tlie
cable transfers, which ordinarily covers nearly all
4-83*
*
highest rate for
discounted every future contingency
charges, such as
favorably. So that when Mr. Wood got sick and the interest, insurance and commissions.
The European steamers arriving on Saturday and
funding bill dragged, and further when that mythical
after the first of January” investment demand failed as Sunday brought
$727,500 gold.
On Wednesday
usual to meet expectations, a set back was a necessity.
£100,000 were withdrawn from the Bank of England
Under the circumstances, therefore, such a reaction for shipment hither. On Thursday the Bank reported
is more a sign of health than of weakness.
There is no a gain of £30,500, and the cable announces a with¬
fear among us of excessive conservatism, for going fast drawal on balance on that day of £75,000; on Friday
is the American disease.
So, notwithstanding the tem¬ a further withdrawal of £388,000, for shipment to the
United States, was reported. These amounts, together
porary lull in Wall street, we may unconditionally say
that the year opens with a very prosperous outlook over with $450,000 withdrawn on the 23d ult,, give us
customary, had
[TOL. XXXII.
THE CHRONICLE.
26
which in 1879 reached about 75 millions and in
estimated sum now in transit for this gold,
1880 probably about 78 millions.
Another source has
The Bank rate has not been advanced, though been the addition to the aggregate of national bank
$2,890,000 as the
country.
liabilities was further
reduced this week to 36 3-16. The Bank of France
reports a loss of 7,620,000 francs gold and 7,918,000
the
proportion of reserve to
notes, which was about
lions in 1880.
Besides
18£ millions in 1879 and
mil¬
all these are the decreased hold¬
Bank of Germany ings by the Treasury. To indicate this decrease we
lost 16,400,000 marks. The following table shows the give below the cash items in the Treasury statement
(omitting silver) for January 1 of the last three years.
amount of bullion in each of the principal European
Total.
Legal
B'nk Notes.
banks this week, and at the corresponding dale last year.
Treasury
Gold.
i
Tenders.
francs silver for
the week, and the
]*-
,
,
January
'
Gold.
Si
•V
6,1881.
Silver.
£
January
Silver.
£
£
Bank of Germany
Total this week
55,154,436 66,474,995 G3,707,251 69,546,280
Bank of
England
Total
previous week
$
$
Gold.
27,629,023
24,269,499
22,268,353 48,805,029 29,285,228 49,167,280
8,616,584 17,669,966 6,793,000 20,379,000
Bank of France
Statement for
7,1880.
55,828,582 66,218,115 66,037,960 67,302,856
of coin of tiie
Bp3 The above gold and Bilver division of the stock
Bank of Germany is merely popular estimate, as tlio Bank itself gives
It is believed to be approximately correct
no information on that point.
and -wholly sufficient for the purposes of the above comparison.
The foreign bullion which came
port on
into
Friday
Monday, has been examined, and payment was
made for nearly all of it by Thursday. This makes the
total amount disbursed for bullion during the week,
135,382,639 *69,582,505
157,790,321 22,660*493
156,742,095 15,741,818
1, IS79
1880
Jan. 1, 1881
Jan.
Jan. 1,
$
213,432,586
183,693,521
176,726,741
fund held for redemption of
in July, 1879, under an act*of
*
Of this total, 10 millions was the
fractional currency which was re-issued
Congress directing
$
8,467,442
3,242,707
4,242,828
its re-issue.
decrease in Treasury holdings of
millions in 1879 and a further decrease of about
The above shows a
about 30
If we bring together all these items
we shall reach the following result as to the total new
supplies during the two years.
7 millions in 1880.
and
In 1879.
In 1880.
Total
Two Years.
$
153,000,000
78,000,000
$
$
Imports of gold, not
The Treasury operations, which include Production
33,000,000 33,000,000 66,000,000
of gold
2,500,000 21,000,000
the payment of Assay Office checks, this week, up t«, Bank note expansion
18,500,000
Thursday night, resulted in a loss, which is a gain to the Decrease in currency held by the 30,000,000 7,000,009 37,000,000
Treasury
banks, of $1,472,846. To this should be added $1,000,000
156.500.000 120.500.000 277.000,000
Total
gold transferred from the Mint, and the net loss of Increase in gold and silver certificates outstanding since
21,000,000
January 1, 1879
$1,963,591 last Friday, making $4,436,437. Yesterday
23,000,000
there was a further net loss to the Treasury of $1,341,871 Increase in silver dollars outstand’g since Jan. 1,1879, about
321,000.000
Total increase in two years
;
The gold depository of the associated banks received
$2,150,000 during the week. Some of the institutions
Nearly all of the foregoing additions must at present
have been depositing gold at the Sub-Treasury in be in the pockets of the people, since the hank holdings
exchange for silver certificates for transmission to New appear to be but little in excess of previous years. On
Orleans, where there appears to be an urgent demand January 1, 1879, the Associated Banks of New York
for money.
As last week’s bank return was held 63 millions specie and legal tenders ; on January 1,
made up on rising
averages, the statement of 1880, they held 61 millions; and on January 1, 1881, they
to-day should show a gain in reserve, resulting from held 71 millions. There is also great similarity in the
receipts from the Treasury, the efflux to Southern cities total amounts of gold and paper currency reported to the
being supposed to be about counterbalanced by the Comptroller to be held by all the banks near these same
influx from points near this city. The rate of exchange dates; the total this year in excess of January 1, 1S79,
on New York at Chicago now stands at such a premium
for the national banks, being only 28 millions, and for
as will bring back currency and silver certificates.
This the State and savings hanks only about 10 millions, or
indicates a return flow from other Western points, and an aggregate of 38 millions in excess of January 1,
the only demand now made for money is from the South. 1879.
We may therefore summarize the currency of
the country and
the total in active use at the
ADDITIONS TO CURRENCY IN TWO YEARS.
periods mentioned, as follows, omitting fractional cur¬
Although we have from time to time noted the rency ^bd subsidiary silver.
increase in our active currency, it will be interesting to
Jan. 1, 1881.
Jan. 1, 1879.
Currency.
bring together the figures which mark the change in
$346,681,000
$346,681,000
this particular during the two years ending with the 1st United States notes
343,219,043
322,322,854
National bank note,s
1,135,260
1,468,820
of January. These facts form an important part of the Notes of gold banks
497,000,000
278,000,000
0|nld enin and bullion, about
10,000,000
history of the period and show the altered condition of Trade
10,000,000
dollars in United States
28,000,000
5,000,000
the country. But they do not give any support to the Legal tender silver dollars issued
43,000,000
22,000,000
'conclusion drawn by many, that the South and West are Gold and silver certfs. outstanding...
75,000,000
$1 ,753,000.
•
absorb currency. The old tidal
movement to and from this centre must £00n be resumed
and.its action be as pronounced and regular as formerly.
The absorption which has up to this time been in prog¬
ress is only a provision for the activities of about 12
million more of people, covering perhaps a tenth more
territory than in 1870, much of it provided with banking
hereafter always to
facilities.
supplies our commerce has received
during the two years have, as our readers know, been
drawn from various sources. In the first place we have
retained our home production of gold. About 33 mil¬
lions a year have thus been added to the coin of the
country. A second source has been the net import of
The
new
currency
Total eirrrenev
Of which
in eoimtrv
the banks
(National) held.
Other banks
Treasmrv "held
Total increase in currency
......
$985,472,674
$1,269,036,203
$161,530,921
50,518,264
213,432,586
$189,290,000
59,912,000
176,726,741
$425,481,771
$425,928,741
$559,990,903
$843,107,462
in active use in two years...
283,116,559
other things, illustrate
the natural and healthful workings of a sound currency.
Before resumption, gold being out of use and not needed,
except so far as it was employed for customs payments
and to a small extent as bank reserves, kept up a con¬
stant out-flow from the country; since then, being
restored to use and' therefore needed, the current has
The
foregoing figures, among
JANUARY 8,
THE CHRONICLE.
1880.J
It is inaccurate to
been the other way.
that
27
But
notwithstanding the gross movement has so deci¬
dedly
decreased, the foregoing shows that the net direct to
production of gold has staid and that Euro¬
the
mills
still continues to compare very
pean supplies have come here because of bountiful crops
favorably with
sold abroad. Bountiful crops have furnished only the last year; in fact, for the four months the total loss is ar
opportunity, not the reason, for our gold imports. With little less than 11,000 bales. As we stated last month, we
the same conditions as to crops, and the country reduced think this fact help3 to confirm the belief that the falling
to a silver basis, gold would not come, but silver; off in overland is almost wholly due to railroad discrimi
reduced to a greenback or paper-money basis, neither nations. It shows that spinners are using the all-rail route
silver nor gold but merchandise at inflated values would almost as much as ever, and that it is only for
foreign ship¬
come.
A country retains and receives what it needs, ment that the other way proves the less expensive.
but it readily parts with what it has little use for.
RECEIPTS, EXPORTS AND SPINNERS' TAKINGS.
say
our
own
There is
further increase
during the past month in the
This,
however, has been indi¬
COTTON CONSUMPTION AND OVERLAND
cated in our weekly statements.
The total receipts and
MOVEMENT TO JANUARY 1.
foreign shipments since September 1, together with stock
We are able to-day to bring down our overland cotton at the close of last month, are
given in the following table.
movement to the first of January.
This statement covers^ Movement from
Exported since Sept. 1, 1880, to—
Sept. 1, 1880 Receipts
Stocks
therefore, the first four months of the season, a period
since Sept.
to
Great
Conti¬
January
Jan. 1.
1,
France.
1880.
Total.
which always furnishes material for useful compilations
1, 1881.
Britain.*
nent.
and surmises as to the year’s product.
376,584
112,796 17,302 40,031
An estimate of the Galveston
170,129 119,620
Indiauola, &c
10,541
41
crop it is not our purpose to make ; but by bringing New Orleans.. 812,495 358,937 161,344 122,291 642,572 290,778
Mobile
248,853
21,299
2,004
1,063
24,366 67,430
together the figures showing the amount already in sight, Florida
17,256
Bavannah
615,825
131,955 23,205 138,669
293,829 121,389
we may present facts as to the American
supply, sufficient to
Brunsw’k, &c
4,131
Charleston
117,470 40,113 95,056
452,055
252,639 100,836
aid intelligent action on the part of both buyer and seller.
Pt. Royal,&c.
37,601
18,797
9,630
485
28,427
receipts
a
at the ports.
....
Wilmington
Moreh’d C,&c
.
OVERLAND
The
show
MOVEMENT
TO
JANUARY
1, 1881.
Norfolk
movement to market by rail continues to
gross
large falling off. In fact the loss compared with
last yeards pretty general at all points except above St.
Louis and at Cincinnati.
The latter market, although it
loses by river, more than makes the loss good through its
new source of supply in the Cincinnati Southern Railroad.
The
a
reasons
land
a
moderate extent, the bad
weather which has
prevailed in the Southwest, and conse¬
quently the bad roads for hauling to shipping points;
(2) the new railroad combinations, which have tended to
increase the marketing through the Atlantic seaboard;
and (3) the somewhat shorter crop over a portion of the
district which last year shipped through St. Louis. We
are inclined to
give the greater weight to the railroad influ¬
ence, as some of the Atlantic ports appear to furnish pretty
strong evidence of its truth, especially Charleston and
Norfolk.
The details of the total overland up to
January
d, this year and last year, have been as follows.
OVERLAND FROM SEPTEMBER 1 TO JANUARY 1.
*i
r
S
1880.
if
Zy
Since
&
Over Illinois Central
Over Cairo & Vincennes
1
Over the
.
174,254
25,323
43,314
Mississippi River, above St Louis
Over St. Louie & Southeastern
Over Evansville & Terre Haute
Over J efferson ville Madison & Indianapolis
Over Ohio <fe Mississippi Branch
>
'-if
•1
Over Louisville Cincinnati <fc
Lexington
Receipts at Cincinnati by Ohio River
Receipts at Cincinnati by Cincinnati Southern....
Over other routes
■
■
r
Is
Shipped to mills, not included above
Total gross overland
1
1879.
89,590
270,181
37,622
56,401
73,364
11,385
52,132
28,716
26,928
17,059
42,766
11,875
7,011
13,899
63,125
44,909
36,441
28,500
530,353
629,820
147,914
229,099
202
5,176
Deduct-*
Receipts overland at New York, Boston, &c
Shipments between (or South from) Western in-
f
,
terier towns
»
7,001
Shipments inland (not otherwise deducted) from—
Galveston
New Orleans
•jp
:
Mobile
Savannah
%
Boston
Baltimore
Total
587
900
172
1,244
43,254
Virginia ports
’
Total to be deducted
m
45,589
1,444
195,198
2,850
160,014
22,351
8,132
38,924
36,652
51,696
21,187
13,001
18,943
Pkiladelp’a,&c*.
55,165
11,428
198,048
48,046
221,289 154,835
36,652
2,888
11,320
50
63,016
21,237
37,551
12,794
3,454,099 1,271,590 270,613 465,166 2,007,369 968,121
3,120,871 1,129,063 168,219 385,168 1,682,470 879,342
*
Great Britain exports include to the Channel.
Using the facts disclosed by the foregoing statements,
shall find that the
we
a
market
Southern
last year,
portion of the crop which has reached
through the outports and overland, and the
consumption, since September 1, this year and
is
as
follows.
1880.
Receipts at the ports to January 1
bales.
Net shipments overland during same time
....
Total receipts
Southern consumption since
hales.
September 1
Total to January 1
The
increase
in
hales.
the
’
1879.
3,454,099
331,468
3,120,871
342,192
3,785,567
38,000
3,463,063
28,000
3,823,567
3,491,063
quantity marketed during the
first four crop months of 1880 is thus found to be 332,504
bales.
To determine the portion which has
gone into the
hands of Northern spinners during the same period, we
have
prepared the following.
Total receipts to January 1,1881, as above
bales.
Stock on band commencement of year (Sept. 1,1880)—
At Northern ports
60,109
At Southern ports
At Providence, &c.,
3,S23,5$7
77,310—137,419
Northern interior markets
3,999—
..
Total supply to January 1,1881
141,418
3,964,985
Of this supply there has been exported
to
foreign ports since Sept. 1, 1880
foreign ootton included
2,007,369
1,446—2,005,923
Sent to Canada direct from West
9,282
Burnt North and South
6,376
Stock on hand end of month (Jan. 1,1881)—
At Northern ports
208,068
At Southern ports
760,053—968,121
At Providence, &c., Northern interior markets..
16,443—3,006,145
Less
Total
..
takings by spinners since September 1,1880.
Taken by Southern spinners
Taken
Taken
by Northern spinners since September 1,1880..
by Northern spinners same time in 1879
Decrease in
takings by Northern spinners this year.bales.
958,840
38,000
920,840
921,000
160
The above shows that Northern
2,333
4,177
2,280
spinners have continued
during the month to make purchases very freely, and that
their takings, which for the first two months showed an
4,555
excess
198,885
287,628
36,701
291
Charleston
North Carolina ports
t
...
5,976
142,352
55,343
60.627
New York
Sept. 1 shipped—
From St. Louie
$
City Point,&c
for this continued decrease in the gross over,
undoubtedly (1), to
are
94,279
21,944
472,269
..
29
342.192
of
59,660 bales
the same two months of last
year, and for the three months a deficiency of 39,987 bales,
now
show
a
over
deficiency of only 160 bales.
THE
28
(Vox.. XXXI f.
CHRONICLE.
AMOUNT
OF CROP
NOW IN SIGHT.
foregoing shows us the number of bales which
have already been marketed this year and last year.
An
-additional fact of interest is the total of the crop which
was in sight on January 1.
We reach that point, by
adding to the foregoing the stocks remaining at that date
at the interior towns, less stock held by them the beginning
of the year.
In this manner we find the result for the
The
two years
on
January 1st to be as
Total marketed as
Interior stocks
follows.
3,401,063
bales 3,823,567
above
Sheet- Co'Vn Print- SheetCotVn Print- Sheet- CotVn Printinn
ings,
low
low
ings,
ing
in
loir
infjs,
if
December.
mid- cloths, standmid- cloths, stand- mid- cloths. stand
64x64 ard. dliny. 04x64 ard.
dling. 61x64 and. dlincj.
1880.
1881.
'
348,000
204,000
Total in sight
bales 4,117,567
3,830,063
This indicates that the increased movement in the present
H916
i
3
4
5
6
11 ** 16
8.
bales.
12310
438
438
314
814
8.
438
8.
814
I2716
1‘^i316
121516
l^lo16
438
414
414
814
S4
8*4
SI2
Sk
ll716
4:1 (ft
418
11 he
8.
8.
ll1^
4%
4k
416
418
418
4i0
812
812
812
8k
8k?
8k
8.
8.
8.
3.
llbfi
llbrt
H7i«
11916
H91«
17
18
19
.
418
8k?
4%
8ia
418
4 is
8k?
8k?
4i6
.Holi day
28
S.
Holi day
43 iQ
Ski
31
43io
43! 6
4310
..
1112
of the receipts thus
for the four
compelled
far, we have obtained the weights of bales
months of this year. For Louisiana we are again
1319
1318
121510
12 34
m7!6
8.
125i6
12116
12° is
1214
I23ie
S.
I23i6
12316
12316
..
8.
123i6
1218
12316
8ia
8V
8 ia
8 k?
8k
478
8 k?
8.
47s
47s
47s
478
478
478
8.
8.
87b
81*16
813lw
8l3i,
8%
8ui(i
S.
8k?
81-2
8k
8k?
8k?
Sk?
8^8
8k
8916
8716
8716
8k
8.
338
33s
3k
3k
3k
3k
-7k
7k
7k
7k
7k
7k
8.
3k
3k
3k
8.
7k
34
3k
3k
7k
7k
7k
7k
7k
8.
S.
478
478
478
47s
47s
47s
Ska
8.
8.
S.
8k
8916
8916
8916
3k
3k
Sk
85s
8.
S.
314
314
3k
7k
7k
7k
7k
7k
7k
S.
8.
8k
8k
8k
8k
8k
47e
8k
478
8k
478
..Holi day
..Holi day
..Holi day
S.
47s
47s
478
3k
81116
8.
81116
834
..
..
..
..
..
8.
8 34
834
834
9k
9k
S.
9ka
9*16
7k
3k
7k
3k
Holi day ..
Holi day
7k
3k
7k
3k
..
8.
8.
3k
3k
7k
7k
uing upiana at jxew xoi-k;
prices; for sheetings, agents’ prices,
of 5 per cent.
prices are—f or cotton, low mia
for printing cloths, m mufacturers’
which are subject to an average discount
iue aoove
RETROSPECT
the
OF 1880.
epochs when
in slow and
growth in material prosperity
1880 was one of those remarkable
progress of the country was not made
The year
measured
OF BALES.
13
8k?
8k
sk2
434
434
4:k
434
434
8.
8.
8.
8.
ll7ia
29
11716
30..;....;.. 1 17ig
m3 ic
8*2
Ilk
Llk
111-3
11 ^2
1112
20
21
22
23
24
25
26
27
Should the weather therefore permit its being
gathered, there would appear to be fair reason for expect¬
ing at least no loss during the remaining months to the
increase already in sight.
The conditions, however, as to
the height of rivers and bad picking weather, have been in
favor of more rapid marketing than a year ago.
exact measure
84
814
H‘l6
16
crop.
To furnish a more
4*8
43s
1101 <»
H91«
12
13
14
15
8,504 bales. Hence if there is to be
received from plantations for the
season, the crop will reach a little more
WEIGHT
d>ig
U»ie
11
That there is considerable in the
fields not yet picked, seems to be pretty generally admitted;
this was not the case at this date with regard to the last
than 6 million
1
<>
7
8
9
10
year is thus reduced to 2 7
no loss or gain in amount
remainder of the
1878.
1879.
1880.
seemed
to
pushed on
factures,
paces,
but the
be marked
by great strides
by irrepressible forces.
forward, as if
In agriculture, manu¬
trade, and finance, the
to estimate the average, but the other figures are in most figures representing the year’s business were usually in
the superlative degree—unmatched by any prior year in the
cases kindly furnished us by the Superintendents of the Cot¬
ton Exchanges, a few being made up from the export history of the country.
The
returns.
For comparison we hare to retain in our table
great strength of the situation appeared to
accounted
be
for by the fact that the causes which
the weights for the whole of last year, as in some instances
we found it quite impossible to obtain returns for the same
produced it had been cumulative, and in 1879 and
1880 were let out the full industrial energy and enterprise
four months of 1879.
of the American people,., which had been pent up and
Year
repressed for six years after the crisis of 1,873. In no
Ending
Four Months Ending Jan. 1, 1881.
small degree was the general prosperity reriuered more
Sept. 1,
1879.
Number of
Weight in
Average
A verage
Bales.
Pounds.
Weight.
Weight.
387,125
812,495
248,853
637,212
489,656
614,621
198,881,597
389,997,600
513-74
502-34
48000*
46200
127,910,442
305,688,922
233,076,256
290,715,733
514-00
497-93
479 87
478-00
476 00
458-90
473 00
465-78
116.223
51.857,256
47200
455-81
North Carolina...
517,382
255,328,017
470-50
Tennessee, &c....
493 50
3,823,567
1,856,455,823
485-53
473 00
Texas
Louisiana
Alabama
Georgia!
South Carolina...
Virginia
Total
*
Estimated,
internal
commerce,
acceptable by the circumstance that it occurred in the
eventful year of a presidential election; and the record of
1880, instead of confirming the proverb that history
will do much to negative the past, and free
the business community from the idea that a presidential
election must necessarily be damaging to their interests.
repeats itself,
Following briefly the current of
that there was great buoyancy and
the year, it is observed
confidence at the open¬
the markets
ing, both in merchandise and in stocks, but
after running on for a few months with varying tone met
The decline then
with a serious check in May and June.
serious ; iron went from §41 per ton
June; wheat declined after the failure
This shows that the weights thus far have reached the ?
of the great Chicago pool from §1 59
per bushel in
large average of 485-53 lbs., against 473-0 lbs. for the
January to §1 03 per bushel in September. Cotton sold at
whole of last year.
13ic. per lb. for middling uplands in March and 10 15-lGc.
THE GOODS
TRADE IN DECEMBER.
per lb. in November.
At the stock exchanges the fall
As is usual in the^closing month of the year, there hasT
in prices was even more demoralizing, and except for the
heen a comparatively quiet market in all departments of
unusual care exercised by bankers as to their margins and
the goods tiade during December.
Quotations however the general soundness in financial circles, the decline
(with the exception of print cloths), have been very firm, ■ might ha#e precipitated a panic. From June until the
owing to the unusually light supplies.
Possibly the' elections in October there was a gradual recovery in tone
demand would have been more active wTere it not that the
and prices, but no extraordinary activity ; and indeed the
prices for raw cotton, though not materially lower, have
of the fall season brought much disappointment in
had a rather declining tendency during the month.
This opening
the failure to realize' the anticipations which had been
has encouraged consumers to make their purchases in strict
formed of a general boom in all the markets. The elec¬
accordance with actual wants.
Print cloths being in
tions in Ohio and Indiana on the 12th of October were
pretty full supply have felt more the declining tendency
accepted as settling conclusively the presidential elec¬
of cotton, but as the month closes they have- shown re¬
tion, and from that time began a great upward movement
newed activity and a partial recovery in price.
f Including
Florida.
in
prices was most
in
February to $23 in
January 8,
29
THE CHEONLOLE.
1880.]
kept up with slight 1880,—the amounts of silver and gold coin, which includeyear—the 31st day of the bullion in the Treasury, being the estimates of the
Director of the Mint:
December witnessing the highest prices of certain stocks, not
in 1880 alone, but the highest ever made during the exist¬
Xov. 1, 1880.
Xov. 1, 1879.
Jan. 1, 1879.
ence of their respective companies.
In the last quarter of Le^al tender notes
$346,681,016 $346,681,016 $346,681,016
343,834,107
337,181,418
bank notes
323,791,674
1880, after the elections had been settled, the notable and National
454,012,030
278,310,126
355,681,532
Gold coin
exchanges which was
re-actions-till the extreme close of the
at
the stock
-
the growing confidence in the
country, as exhibited in the public senti¬
conspicuous feature was
resources
of the
at
home
ment
was
merely a
abroad. The Stock Exchange
thermometer showing the current opinion of
and
the condition and prospects of
idea that the United States
men in regard to
The prevailing
business.
moneyed
Government
only 3
per
long-term bond, carrying
could negotiate a
cent interest,
showed such unlimited confidence
in the status of the country,
pushing up everything at
that it was a strong influence,
the Stock Board during the last
three months.
which call for most atten¬
tion may be noticed the large supply of money and the
occasionally stringent rates; the reduction of the legal rate of
Among the points of the year
interest in New
York State to 6 per cent from January 1,
the purchase by the U. S. Treasury during the
year of $103,303,300 Government bonds for the sinking
fund; the importation of about $75,000,000 gold and
silver; the great volume of exports and imports of mer¬
chandise ; the export of a large amount of our railroad
securities ; the consolidation and combination of railroad
corporations on a gigantic scale ; the construction of about
6,500 miles of new railroad ; the immense railroad earn¬
ings, and the watering of stocks by distribution of stock
dividends ; the establishment of new telegraph lines in
opposition to Western Union ; the large production of
grain, cotton, iron and coal ; the slightly decreased pro¬
duction of gold and silver and depression in gold and
silver mining stocks ; speculative combinations on a grand
scale to control or “ corner ” staple articles of merchan¬
dise—chiefly wheat, pork and coffee ; the immigration in
the fiscal year ending June 30, 1880, of 457,257 citizens
of foreign countries to make in the United States their
1880 ;
permanent homes.
grouping together the tangible facts of the foregoing
summary, and placing the figures in comparison with those
for 1879 the striking precedence of the year 1880 is
In
shown
as
follows
:
1880.
$1,302,798,480
in U. 8. Nov. 1.
Legal rate of interest in New York
Imports of gold and silver *
Exports of merchandise *.
Imports of merchandise *
Excess of exports over imports*...
Coin nu<l eurreticy
0
1879.
$1,165,553,503
7
$86,848,130
$75,548,731
$871,606,346
$709 028,302
$751,761,204
$162,638,044
$266,245,038
15485,516,166
.miles
(est.) 6,500
4,721
Earnings of 43 railroads (11 mos.)
$180,660,789
$143,840,129
New railroad constructed
...
Stock dividends distributed
Wheat produced
bush.
Cotton in year ending Sept. 1. bales
Iron
tons
Anthracite coal
..tons
Gold (Valentine’s estimate)
Silver (Valentiue’s estimate)
$40,700,000
(est.) 480,849,000 (est.) 448,755,000
5,073,531
5,757,397
2,741,853
(est.) 3,300,000
26,142,689
23,600,000
$32,539,920
$33,522,182
$38,623,812
$40,005,364
Immigration of foreign citizens t...
*
Twelve months
ending Nov. 30.
457,257
177,826
t Year ending June 30.
The movements of coin and currency in the United
States during the past two years since the resumption of
specie payments have been observed with the utmost
The increase in the supply of the circulating
interest.
medium, mainly by the importations of foreign specie and
by the retention at home of the domestic product of gold
and silver, has been something remarkable, and at the same
time the outflow of currency and specie from the eastern
money centres and its absorption in the South and West
have been equally important.
Comptroller Knox in his
annual report gave the following interesting table, show¬
ing the amount of coin and currency in the country on
January 1 and November 1, 1879, and cn November 1,
106,573,803
Silver coin
Total
126,009,537
158,271,327
$1,055,356,619!$!,165,553,503 $1,302,798,480-
legal rate of interest was reduced by law in New
cent from and after the first of
January, 1880, and the wisdom of the legislation was well
proved by the event, as the decline in rates for money on
first-class securities was greater than I per cent.
The
choicest 0 per cent railroad bonds advanced to about 130,.
and in New York City some round lots of money were
placed on bond and mortgage as low as
per cent.
The importations of gold from abroad began in the
second half of the year and the total amount imported in
the twelve months ending Nov. 30—the latest reported
by the U. S. Bureau of Statistics—was $75,548,731,
against $86,848,130 in the corresponding twelve months¬
ending Nov. 30, 1879. It was apparent that the large
import of specie could hardly be accounted for by the
balance of trade in favor of the United States, and it wasclear that a very considerable movement was in progressin the export of American securities to Europe.
These
were principally railroad stocks and bonds, and in the last
half of the year the foreign bankers reported a large
volume going out from week to week, although the
absence of definite statistics precludes the possibility of
giving precise figures as to the actual amount sent forward.
The quantity and value of merchandise exported from)
and imported into the United States far exceeded any
former year on record., The latest report of the Govern¬
ment is for the twelve months ending Nov. 30, 1880, and
for that period the exports were $871,666,346, against$751,761,204 in the year ending Nov. 30, 1879, the largest
previously made. The imports of merchandise for the
twelve months ending Nov. 30, 1880, were $709,028,302,
against $485,516,160 in 1879, and $642,136,210 in thefiscal year ending June 30, 1873, which was the largest
prior year. The great excess of these figures showsenormous growth in the foreign trade of the country.
In no branch of industrial enterprise was there greater
activity than in railroad building, and the total number of
miles built in 1880 is estimated at 6,500, against 4,721 asmade up by Poor's Manual for 1879.
The railroad combi¬
nations and consolidations were on an immense scale, and.
The
York
State to 6 per
brought together under several great systems nearly all
the roads west of the Mississippi River.
The most promi¬
nent corporations which largely increased their mileage
were the Chicago & Northwestern, operating at the close of
1880 about 2,800 miles ; the Chicago Milwaukee & St. Paul
with 3,630 miles; the Northern Pacific, 991 miles;
the Union Pacific, embracing about 3,126 miles; the
Wabash St. Louis & Pacific, operating about 2,487 miles ;
the Missouri Pacific, 730 miles ; the Chicago Burlington
& Quincy, 2,800 miles ; the Atchison Topeka & Santa Fe,
1,501 miles ; the St. Louis & San Francisco, 580 miles;
the Texas & Pacific, 550 miles ; the Central and Southern
All other transactions were sur¬
Pacific, 2,600 miles.
passed by the combinations and purchases of Mr. Jay
Gould, who controlled at the end of the year every
important through route west and southwest of St. Louis
except the Atchison Topeka & Santa Fe and the Atlantic
He was believed to have sold out a large part
& Pacific.
of his interest in the Union
Railroad
earnings
were
Pacific.
largely in excess of the year
-
THE
30
CHRONICLE.
months of the year the latest
published, in the Chronicle of Dec. 8, showed
BANK MOVEMENTS.
1879, and for, the eleven
statement
that
43 railroads
earned
$180,660,789
gross,
against
$143,840,129 in the corresponding eleven months of 1879.
With the large railroad earnings dividends were increased
and large stock dividends were made in several instances,
and in other cases were talked of.
The following shows
certain distributions of stock and bonds, either wholly
free to stockholders or on the payment of a certain per¬
centage in cash.
$2,400,000
Jxmlfivillc N. Albany & Chic, bonds at 20 (SO per cent free)
Chicago Rock Island & Pacific stock. 100 per cent.
210,000,000
,(>00,000
Louisville <St Nashville stock, 10 a per cent
Chicago Burlington & Quincy stock, 20 per
EastTenn. Va. & Georgia stocn at
Total distribution of stock and
0,200,000
2,100,000
cent
$30 (70 per cent free)...
$10,700,000
bonds
of the American Union Telegraph Com¬
pany in constructing new lines made a vigorous opposition
to the Western Union, and in the last quarterly statement
of the latter the decline in net earnings was so marked as
compared with the same quarter in 1879 that the stock'
fell off very sharply.
It was reported also quite posi¬
tively that contracts liad been given out by the American
Union parties for two new ocean cables to be laid next
The progress
season.
[Vet. xzxii.
The New York
City bank movements daring the year were
conspicuous for some remarkable changes, and particularly for
the large increase in the amount of specie held. The legal
tenders ran up to $22,547,400 on May 29 as the highest point
reached, and stood at $20,631,300 on July 31, but declined
steadily from that point, and on November 6 reached the lowest,
which was $11,989,600. Specie rose to $70,615,500 on July 17 and
thence declined, touching $53,933,300 on December 11; although
the amount of specie held early in the year was considerably
less than this amount. The reserves of the banks in specie
and legal tenders fell slightly below the legal requirement of
25 per cent of the deposits for two weeks in April, and again
fell below early in December, but recovered again by December
18.
Comparing the statements of January 1, 1880, and January
1, 1881, in the table below, we notice a considerable increase in
loans and deposits, a decrease of about $5,000,000 in circu¬
lation, an increase of about $10,000,000 iu specie, and legal ten¬
ders standing at nearly the same figures in each year. The
following were the totals of the New York City Clearing-House
banks about the first of each quarter in the year 1880 and at
the first of January, 1881.
discounts.
$
Jan., '80... 276.706,200
290,639,500
April
201,784.300
July
October.... 309,323,60a
products of the soil in 1880 were beyond any former
year, inasmuch as the favorable season came upon an
acreage in grain and cotton that was considerably larger
than had ever before been planted.
The crops were most
abundant, and prices were reasonably well supported, so
that returns to the farmer and planter were liberal.
Three great combinations were formed to corner or keep
The
Circulat’n
Specie.
1830
Jan. *3..
&
inclusive,
Specif.
$
are
$
12.723.500
10.847.500
20,634,600
13,046,300
18,408.200 272.466,900 12/796,600
The statements of the banks for
Loans.
deposits.
$
$
$
43,232,100 23,748,GOO 242,087,100
53.669.300 20,981,600 259,306,80a
66,168,600 19,572,000 283,078,300
65.256.300 18,636,700 295,611,400
Jan. 1, ’81. 297.756,700 58.0 47,900
Jan. 3 to Dec. 31,
Legal
tenders.
Net
Loans and
each week of the
year,
from
shown in the following table.
L. Tenders.
$
Deposits.
£
Circulation. Agg. Clear
$
#
23,748,030 604,197,043
23,812,900 657,6£5,2SO
21,035,900 787,728,198
21,632,9*0 743,125,031
21,529,900 772.270,895
21,03 {,200 720.978,130
21,590,000 6 S3,453,357
21,232,200 795.314,114
21,174,000 725,419,>05
up prices of staple articles of
21,002,100 895,014.025
20.907,10) 827,801,840
Keene and associates to corner wheat; that of Armour &
20.975,800 748.481,804
20,995,200 644,453,907
Co., of Chicago, to corner pork; and the
10,847,500 259,303,800 20,981,00 ) 771,019,370
11,935,000 2'0,*57,8)> 20,937,900 810.774.898
of Messrs. B. G-. Arnold & Co. and others.
The wheat
13,808,000 253,519,800 20,843,000 849,817,403 15,432,100 248,890,700 20,612,800 720,947,846
combination finally broke, with large loss to the parties
17,014,000 252.572,200 20,640,200 097,435,051
17,257,100 258,323,000 20,572,900 790.380,569
10,229,300
201,075.000 29,498,400 807.032,049
The coffee syndicate came to an end with the
interested.
21,669,500 253,325,700 20,304,000 759,515,331
59,271.700 22,547.400 232,762,000 20,233,100 795,990.073
disastrous failures of Messrs. B. G-. Arnold k Co. and June 29....273,216,400
5..,.270,050,000 61,109,000 21,934,800 236,o39,000 20.059,900 639,336.131
12....2/0,235,700 63,192.700 22,221,300 271,028,500 19,682,500 737.534,533
The attempt to corner
Bowie Dash k Co. in December.
19....283 075,100 04,450,000 22,004,300 278,140,700 19,604.900 016,148,241
23....285.905,100 05,210,100 21,715,800 277,770,800 19,620,0)0 607,558,981
July
3....291,734.300 03.103,000 20,684,000 283,078.300 19,572,000 711,472,517
pork was successful, and the parties engineering
10....293,428,500 70,822,100 19,624,800 290,714,700 19,525.800 452.751,881
17....202.309,500 70,015,500 20,015,400 292,238,500 19,488,700 330.484.033
controlling the whole market supply of the country for
24....294,517,800 09.058,000 20,351,200 291,270,000 19,433,500 025,910,274 *
31....297.779,300 68,037,700 20,631,300 291,303,500 19,477,000 583,540,083
some months, closed out at a large profit in the Autumn.
Auir.
7... .304,765.300 08,703,600 17,115,900 297,024,200 19.430.400 644,300,987
14... .300,491,00 03*330.000 10,312,000 298.091,000 10.381,000 551,023,441
The following summary shows the condition of the New
21....310,6-.3,300 63,717,500 15,254,200 298,315,100 19,428,100 480,785,180
23....3H',73S,t00 65,413,800 15,335,500 296,422,900 19,396, 00 522,890,382
York Clearing House banks, rate of foreign exchange, Sept. 4 ...311,942.800 05,434,700 14,541,400 297,180,800 19,342,300 603,877,203
11....313.716,200 63,340,300 13.948.200 293,350.500 19,353,000 625,650,183
18....314.123.500 63.517.300 13,517.700 298,923,700 19.344,500 623.375,655
and prices of leading securities and articles of
25....310.204.000 65.147,000 13,197,200 294,806,900 18,SS2.500 573.355,801
Oct.
2....300.323,300 65,256,300 13,046.300 295,011,400 18,036,700 705.598,703
on or about the 1st of January in 1879, 1880 and 1881:
9....313,521,200 00.992.200 l3,30),600 301,013,000 18,573,700 651,109,020
16....315.811,900 07,334.300 13,035.000 302.563.900 17.629.100 693.917,300
STATISTICAL SUMMARY ON OR ABOUT JAN. 1. 1879, 1880 AND 1881.
23 ...317,013,300 65.613.900 13,159,300 300,8.31,000 13,700.000 872,895.695
30....317,880.200 66,372.400 13,010.700 3«2,582,100 18,646.500 735.381,021
Nor.
6.... 24.370.200 03.091.700 11,989.600 307,7-0,700 18,001.800 860,393,048
1880.
1879.
1831.
13....324,970,000 64,955.400 12.474.900 307.7aS.200 18.708.700 896,540.451
20.:..315.334.000 63,830,600 12.07rt.900 295,871.400 18,730.400 868,070.513
313.524,900 60.177,900-12,098,200 -289,527,100 18,006.2001072.680,747
‘<*7
New York City Banks—
4....305,7*‘1,100 54,534,000 12,036,700 270,132,700 18,471,400 1155.094,682
Loans and discounts
$ 297.756,700 276,706.200 234,250,000 Dec. 11....293,959.200
53,930.200 12,579,900 260,385,200 1«,485,200 940.101,^42
20,9S6,200
48,282.100
58,047,900
SpAc.in
18....293.372.000 55 077,800 13.318,400 207,629.900 18.474,400 974,074.998
19,848,800
23.748,000
18,408,200
Circulation
24....292.417.900 57,086,000 13,3 *< ,900 207,O68,O!,O 18,431,100 804.522,749
Net deposits
$ 272,466,900 242,08 7,100 206,173,000
31....297,750,700 58,047,900 12,793,000 272,466,900 18,408,200 817,931,113
41,832,600
12,723,500
12,796,600
$
Legal tenders
THE MONEY MARKET.
Legal reserve
$ 68,116,725 60,521,775 51,543,250
62,818,800
61,005.6'
O
70,844,500
Reserve held
$
The year opened with the legal rate of interest in New York
483,82a
11,275,550
2,727,7 7a
$
Surplus
reduced to 6 per cent, bat this had no effect on the actual
commerce—that of Mr.
.270,700,200 48,232,100
10....270,110,100 51,473,MX)
17....270,990,900 53,553,0*0
24
280,008,600 51,832,200
“
31....233,194,500 50,312,800
Feb.
7....290,331,600 52,994,000
14....290,445,200 54,740,50)
21....290,091,200 59,887,200
28....293,545,600 57.413,30)
Mar. 0....297,135,500 53,055,000
13....297,256,900 57,927,900
20....291,407,400 56,440,100
27....290,800,700 54,773,80)
Apr. 3....290,019,500 53,039,3 K>
10....288,470,900 52,028,3)0
17....234,250,800 50,0-50,8 *0
24....278,830,200 48,983.000
Mar
1....28),430,300 49.400.500
8....2Sl,137,700 53,391.500
15 ...273.574,200 5\27S,000
22....272,250.800 50.831,900
“
“
“
“
“
“
“
“
“coffee syndicate”
“
12,723,500 242,087,100
14,097,800 210,905.000
15,*14,200 253,731,900
17,143,500 257,431,700
18,580,000 259,675,9)0
16,437,930 204,444,200
16,683,003 207,128,100
15,535,500 271,001,000
14,108,000 271,012,800
12,130,400 271,433,400
11,052,400 270,381,000
11,555,100 264,533,200
11,272,500 230,340,5 K)
“
“
“
“
“
“
•*
“
“
it, after
••
“
“
“
“
“
“
“
merchandise,
“
“
“
“
“
“
“
“
“
“
“
“
“
Money, Cold, Exchange—
Call loans
Prime paper
Gold
Silver in London, per oz
Prime sterling bills, GO days..
United Slates Bonds—
Gs, 1881, coupon
Gs, currency, 1898
5s, 1881, coupon
4*es, 1891, coupon
4s of 1907, coupon
Bail road Stocks—
New York Central & Hud. Riv.
Erie (N. Y. L. E. & W.)
Lake Shore & Mich. Southern.
*
„
Michigan Central
Chicago Rock Island & Paeitic
Illinois Central
Chicago & Northwestern, com.
Chicago Milw. <fc St. Paul, com.
Delaware Lack. At Western ...
Central of New Jersey
Merchandise—
Cotton, .Middl’g
42)7
101*s
104%
133
10
112
122
10G3s
119*2
1031*8
107
106%
1123s
103
10434
99*2
paid on call loans. The money market worked very
closely, and rates ranged at 5@8&l-32 per day until near the
middle of January. There was disappointment that the supply
of money did not increase by the return of funds to New York
and other Eastern cities, as it had usually done. But the
demand for money was so large in the remote sections of the
West and Southwest that the return current was reduced to a
150
129 Lj
114*s
minimum.
48*8
13014
121*3
13612
4314
100*4
227s
6
5^5*e
*
100 *
51 ^d.
481*e
02>6&ip4com
5*e® 6
100
527i6d.
.
90
149
99*2
91
110%
755s
107
83
84
60*2
lDSia
$ M>1.
1» OO
100
49*2(1.
4 80%-4 81*s 4 82 2)4 82*2
126
121
Uplands.$ tt>.
4*2 3>5
129,0
69
73%
120*4
SO *2
50%
37*8
43*4
33*2
0716
302*36
Wool, American XX
% lb. 37 ®48*e 33 442)53
002>35 00 16 50® 18 00
Iron, Amer. pig, No. l..f? ton. 24 002)26 00
103%
Wheat, No. 2 red win.$ hush. 1 173i-l 18*4 1 5S®1 59 108
002)63
442*43
5 1^58
Corn, Western mixed..
hush.
12 75213 OO 7 10,7)- 00
Pork, mess
rates
in New York in March
and April, and stockbrokers paid from 5 per cent to 6 per cent
and l-32@/£ per day during much of that time, while G-ov- •
ernment bond dealers paid 3@4, and the best grades of com¬
mercial paper sold at 5(5)6. After the 20th of April money
relaxed, and rates fell off until call loans were quoted
in the summer at 2 to 3 per cent, and scarcely ranged beyond 4
per cent until November.
From that time forward the demand
for money was more active, in consequence of the heavy stock
speculation in progress, and the large requirements of- the West and South. Rates advanced to 6 per .cent.by..the middle Money was decidedly scarce
January 6,
THE CHRONICLE.
1881.]
31
and during the month of December the mar¬ experience of former years as his guide frequently, lost
ket was very stringent, and stock-brokers paid 1-16 per day and money.
But, notwithstanding the general strength of the situation,
6 per cent on call loans, and the minimum rate on Government
based
upon the immense income of the railroad corporations*
bond collaterals was 6 per cent. About the first of December
the
year
was not all smooth in the stock market, and in May
the pressure was most severe, when % per day was paid, and it
and
June
came a depression of extraordinary severity.
Indeed,
was freely charged that the market was manipulated to depress
of November,
there has seldom been
stocks.
%
“
“
44
44
44
44
“■
“
20.. 3 80
27.. 3 8)0
Mch. 5.. 4 8>6
“
12.. 4 86
“
19.. 4 86
44
26.. 4 8)6
April
2. 4 8>6
“
9.. 4 8)6
“
16.. 4 86
44
23.. 3 86
“
30.. 3 8)6
May
7.. 3 8)6
“
14.. 3 8)6
44
21.. 2*30)5
44
28.. 2 8)5
June 4.. 2 85
44
11.. 2 8>4
44
18.. 2 8>4
“
Jjj
4
%
'5
<fc *i8
& *32
<fc
&
&
&
<fc
&
p.
P-
d.
d.
*18 p. d.
*i6
p.
d.
*i6
*e
*i6
*i6
p.
p.
PP.
d.
d.
d.
d.
5
5
5
5
5
5
5
5
5
5
5
5
5
5
“
8)5*2
8)6
8>6
86
86
86
86
86
86
86
86
86
1*283
27.. 2 ■<z>3*a
Sept.
3.. 2 85
44
14
10.. 2
17.. 2
44
24.. 2
Oct.
1.. 0
44
“
44
8.. 2
15..
44
22..
44
29..
Nov. 6..
44
12..
2
83
83
83
83
83
83
2*284
2%84
3
3
4
5
6
5
5
5
4
5
5
5
5
^5*2
85*2
85*2
85*2
5
85*2
5
5
5
5
5
85*2
85*2
85*2
85*2
85*2
4*2 85
5 85*2
5
86
d. 5 85*2
until after the elections
time until the end of
and
on
the 12th of October.
the year
"
44
19..
44
26..
Dec. 3..
44
10..
44
17..
44
Range in 1880.
Lowest.
6a, 1880
Os, 1881
Highest.
85
85
86
86
86
86
86
86
86
& I32 P-
even
November 22.
Registered.
Range for the
175,781,400
535,163,550
64,623,512
if
$46,768,250
155,902,150
74,218,600
203,25G,850
,
The Stock Exchanges were centres of interest in the
year
1880 to a degree never before witnessed. The
of seats in
price
the New York Stock Exchange rose to about $25,000 in Decem¬
ber. The total reported sales of shares at the Board amounted
in round
the sales
figures to 100,000,000 against 75,000,000 in 1879, and
of railroad bonds to $570,000,000 against $413,000,000
in 1879. The great number of new stocks and bonds admitted
to the Stock Exchange list was one of the notable features.
So' great were the combinations, consolidations and extensions
of railroads in the year that the
analogy as to the course of cer¬
tain stocks with former periods was lost, and
comparisons of
earnings or prices with prior years were rendered of little
value. Thus, what was the worth of a comparison of 1880
with 1879 on Louisville & Nashville stock, doubled In
amount,
and the company operating 700 miles more of road ;
Wabash
on
St. Louis & Pacific consolidated ; on Union Pacific,
embracing
the former Kansas Pacific and other
bankrupt roads ; on St.
Paul, with mileage increased 1,300 miles;
300 miles
on
Northwest, with
of road; on Rock Island, with its doubled stock ?
The year 1880 was one sui generis in the stock market and
must stand alone. The speculator or investor who took the1
MM
.
more
Ir»3
year
Lowest.
Coupon.
if
cp. 101% July 27 10478 May 20
cp. 1037s July
9 107*8 May 26 $154,787,750
Dec. 16 104*8 Apr. 28 313,748,90U
cp. 101
5a, 1881
4*jjs, 1891..cp. 106% Jan.
2 112% Nov. 23
4a, 1907
Jan,
2 113% Dec.
cp. 103
9
6s,cur,ncy.reg. 125 Apr. 21 134 Dec. 27
occurrence, we
Canada Southern
Central of New Jersey
40
45
Chicago & Alton
Chicago Burlington & Quincy.
113
Chicago Milwaukee & St. Paul 66*2
Do
do
pref 99
Chicago & Northwest
871«
Do
104
do
pref
Chicago Rock Island & Pacific* 100*2
Columbus Chic. & Iud. Central
Delaware & Hudson Canal..
Delaware Lack. & Western
Hannibal & St. Joseph
Do
do
pref...
Illinois Central
Lake Erie & Western
Lake Shore
Louisville & Nashville...
Manhattan
....
Michigan Central
May 17
May 25
2
June
2
May 25
May 10
July 9
Feb. 10
June 11
9*2 May 11
60
May 25
68*2 May 25
2278 May 25
63*2 May 25
99*2 Jan.
2
20*4 May 11
95
§77
21
75
June
2
Dec.
8
July 22
Mpy 17
Missouri Kansas & Texas
28*8 Mav 25
100
Morris & Essex
May 24
Nashville Chatt. & St. Louis... 47 *2 June 1
N. Y. Central & Hudson River. 122
May 11
30
June 1
N. Y. Lake Erie & Western....
Do
do
pref. 47 May 25
20
Noithern Pacific
May 11
Do
393g May 24
pref
23
Ohio & Mississippi
May 25
Pacific Mail
27*3 May 17
Jan.
168
2
Panama
—
Philadelphia & Reading
St. Louis Iron Mt. & Southern
13*3 July 2
34% May 25
St. Louis & San Francisco
Do
do
pref
Do
do
1st pref.
Union Pacific
Wabash St. Louis & Pacific
Do
do
pref.
Western Union Telegraph
25^4 May
33
May
60
May
80
May
26*3 May
51*4 May
—
1880.
Tear 1879.
Highest.
99*2 Jan.
.
u
the upward
was on
the tight money of early December was insuffi¬
cient to produce any considerable break in prices. Bears in
stocks habitually lost money, except in Western Union Tele¬
graph, which collapsed to 77% on December 17, from 104% on
move,
Amount Jan. 1, lsbl.
RAILROAD AND MISCELLANEOUS STOCKS.
■
everything
From that
Noting the leading events of the year in the order of their
find that in January the New York Central &
Hudson
5
86
availed themselves of their option to take
syndicate
4*28)5
*]6 P- d.
4 *28)5
6
& % p. d.
100,000 snares more of stock from Mr. Vanderbilt; the consoli¬
& *i6 P- d. 6 86*3
4*2 8>5
dation of the Union Pacific, the Kansas Pacific and the Denver
4 84*2
& *i6 P. d. 6 86*2
South Park & Pacific Railroad companies was made; the Missouri
25.. 2 83
24..
4 85
5*2 86*2
Kansas & Texas Railroad was obtained by Mr. Jay Gould ; the
31..
5
86
Louisville & Nashville purchased control of the stock of the
FOREIGN BXCHANGE.
Nashville Chattanooga & St. Louis Railroad ; the sale was
The course of exchange in the early months of the year was made
by the Huntington party of $10,000,000 Central Pacific
quite steady, and although there was no return of securities stock to a syndicate of bankers. In April the stock of the
from abroad as in 1879, the very large importation of
Burlington & Quincy Railroad sold ex 20 per cent
foreign Chicago
stock dividend made on the consolidation with Burlington &
merchandise kept up the demand for bills. In May, prices of
Missouri in Nebraska.
sterling bills were so firm that exports of specie were appre¬
The next event of striking interest was the suspension in
hended.
In July, however, rates began to fall off, as the May of the Philadelphia & Reading Railroad and its coal com¬
imports of foreign merchandise had been considerably checked pany, and the appointment of Receivers on May 24. In June the
Rock Island Railroad Company formed a consolidation, aud
by the decline in prices here ; and after July, prices of exchange made a 100
per cent dividend to stockholders. In August a
so fell off that the
importation of specie commenced, which contest began between the Chicago Burlington & Quincy and
was well kept up until the end of the
year, and resulted in the the Wabash St. Louis & Pacific Railroads as to the control of
western lines, which was finally settled in October.
The Louis¬
receipt at New York of $69,000,000 from Aug. 1 to Dec. 31.
ville & Nashville Railroad declared its 100 per cent stock divi¬
UNITED STATES BONDS.
dend payable December 1. Mr. Jay Gould, owning a con¬
Government securities were not as active in 1880 as in the trolling interest in the stock of the Missouri Pacific Railroad,
previous year. The reason for this was obvious, in that the made a consolidation in August, with provision for issuing
Government had no further transactions in refunding out¬ $30,000,000 stock and $30,000,000 bonds. He also purchased in
November most of the stock of the Denver.South Park &
standing bonds and the market was left to ordinary buying and Pacific Road, and in December a
large block of St. Louis &
selling. The shortly maturing fives and sixes declined during Iron Mountain stock and a majority of International & Great
the year and the four and four-and-a-half per cent bonds Northern stock. The Western Union Telegraph quarterly
advanced largely. The Treasury purchases of bonds for the statement of receipts was published December 8, showing a
large decrease, and"the stock fell off heavily.
sinking fund amounted to $103,303,300 in the year.
The following table shows the highest and lowest prices of
The range in prices during the year 1880, and the amount of active stocks in 1880,
compared with 1879 :
each class of bonds outstanding Jan. 1,1881, were as follows :
&
Range for
85*2
85*2
44
■S
decline in the stock market
44
44
1
worse
The following table will show the range for call loans and arising from what seemed to be purely speculative influences.
There was no panic, no failures of consequence among bankers
for prime commercial paper in each week of the year :
or stock brokers, but a gradual and irresistible
shrinkage in
Prim6
W’k eud’g
Wk emPg
Prime
Call
Call Loans.
f'oan8i
Paper,
Friday.
prices, under heavy and continuous sales which carried down
Friday.
Paper.
the whole list ten, twenty, thirty per cent from the highest
4
85
Jan. 2.. 5 86 &
84
p. d. 5*28)6*2 July 2.. 2
9.. 2 83
4
©0
made in the early months of the year. The shock to outside
9.. 1 @6 & *32 P- d. 5 86
16.. 2 83
4 85
16.. 3 8 6
5 8)6
23.. 2 83
operators was great, and although there was a partial recovery
3*285
23.. 4 ©6
5
30.. 2 83
1 85
30.. 3 *8)6
5 8:5*2
of tone and prices in June and following months, the general
85
4
Feb. 6.. 3 '8)6
5 8)5*2 Aug. 6.. 1 *283
13.. 1*2 84
13.. 4 8)6
4*2® 5 *2 market did not again show a decided activity and buoyancy
5 8)0*2
20..
“
a
a
11
11
11
11
25
25
813s
90*4
159%
183%
1143*
124*8
Dec.
Mar.
Dec.
Dec.
Dec.
Dec.
123
128
Dec. 27
Mar. 5
20
_
Low.
High
45*4
33*3
78*3
75% 104%
35*3 83
15538 Dec. 31 112
139
51*8 Dec. 27 21*8 49
93*s Dec. 27 37*3 78%
36
Jan. 14 tie
40*3
67*3 Dec. 28 t 44*4
7%
44*3 Mar. 6
62
Mar.
8 10%
Dec. 13 123
72% Jan.
3
66
Feb. 17
48
Feb.
2
65
Dec. 17
100
Dec. 30
113% Dec. 28
48
Jan. 27
225
88% Dec. 28
77% Dec. 17 116*3 Feb. 24
Lowest price here is for new stock, sold
t Range from
65
33%
39*3
182
'56*'
53
60*3
78%
95
83MU6
for first time June 11.
Sept. 25. 1 Range from July 30.
§ Ex-dividend or 100 per cent in stock.
*
89%
18 75
100%
27 111*8 134%
31 34% 82%
31 74% 102%
130
Nov. 29 49% 94*3.
146*3 Nov. 24 7678 108
204
June 8 119
150*3
5
25*8 Jan. 26
28
92% Doc. 18 38
89*a
94
110*4 Dec. 30 43
50% Dec. 27 13*4 41*3
105
Dec. 24 34
70*8
1273s Dec. 31 79*4 100%
423* Dec. 31 116
28*a
108
1398s Dec. 30 67
L74
Nov.
8 35
89%
57*« Mar. 16 35
72%
130*8 Dec. 30 73% 98
49*4 Jan. 27
5% 35%
[Compiled from tlie quotations of
January.
of
60 d. Sight.
Mo.
Holidav.
1...
2.... 4.81 4 4.84><$
.
4.834 4.854
4.824 4.85
4.83
4.854
4.83
4.854
4.814 4.844 4.834 4.80
4.82
4.84ly 4.834 4.86
8.
4.82
4.844
4.834 4.80
4.824 4.85
4.814 4.80
4.824 4.85
8.
4.834 4.80
4.83
4.854 4.814 4.80
4.804
4.834 4.80 * 4.84
4.83 ~ 4.854 4.84 4.85U
S.
4.824 4.85
4.84
4.804
4.82*4 4.85
4.84b;
4.87
4.824 4.85
4.844 4.87
S.
4.844 4.87
4.85
4.83
4.85
4.844 4.87
4.81
4.85
4.,844 4.87
4.81
4.814 4.84%
3....
4....
5....
«....
7....
H....
8.
4.814 4.844
11.'...
10....
11....
12....
13....
14....
15....
10....
17....
Irt....
19....
20....
21....
22....
23....
24....
25....
20....
27....
28....
29....
30....
31
4.85
4.85
4.85
4.83
4.83
4.81
S.
...
4.84
4.82
4.824 4.844
4.85
4.83
4.814 4.854
4.814 4.854
4.834 4.854
00 d. >ight.
4.88
4.85
4>8
4.85
4.88
4.85
4.88
4.85
4.88
4.85
4.88
4.85
S.
4.80
4.80
4.80
4.80
4.80
4.80
4.88
4.854 4.88'<,
4.854 4.884
4.854 4.88U
4.S54 4.88?\*
4.854 4.88,4
4.85
4.854
4.854
4.854
4.854
S.
4.854 4.8-14
4.85b; 4.884
4.854 4.884
4.85
4.85
4.854 4.89
4.85b; 4.89
S.
4.854 4.89
4.80 - 4.89
4.80
4.89
4.80
4.89
G’d Friday.
4.80
4.89
S.
4.854 4.884
4.35 4 4.884
8.
Holiday.
4.85
4.874
4.87bi
4.85
4.85
4.874
4.88
4.85
4.88
4.85
S.
.
...
4.864 4.894
4.80'-6 4.894
4.864 4.894
S.
4.88
4.88
8.
4.88
4.88
4.88
4.88
4.874
4.804 4.894
4.804 4.89*4
4.85
4.85
4.85
4.8.)4 4.884
4.89
4.39
4.89
4.30
4.30
4.80
4.85
4.824 4.85
COURSE
•
4.85*4 4.88
4.90
4.85)4 1.8814
4.87
4.89
4.80
4.85
4.8734
OF PRICES
4.34*4
4.82*4 4.84*4
4.82*4 4.84*4
4.82*4 4.84*4
4.80*4
4.80*4
4.8.3
4.83
4.83
4.83
4.85
4.85
4.87*4
4.87
4.85
4.90
4.87*4
Holiday.
4.89
4.88
4.80
4.85
4.88
S.
4.87*4
4.87*4
8.
4.82*4 4.84*4
S.
4.884
4.88)4
4.80
4.86
S.
4.85
4.85
4.85
4.85
4.85
4.85
S.
4.85
4.8.3
4.85
4.83
4.82*4 4.84*4
4.82*4 4.84*4
4.83*4 4.85*4 4.82*4 4.84*4
4.83*2 4.854 4.824 4.84*4
4.89
4.804 4.851
4.90
4.90
4.90
4.90
4.90
S.
4.8?
4.87
4.87
4.87
4.87
4.88
Sight.
4.83
4.83
4.83
4.83
4.83
4.83
4.80*4
4.80*4
4.83*4 -1 86
4.83)4 4.80
4.804
4.804
4.804
4.864
8
4.85
August.
00 d.
4.87 ‘-6
4.84
4.84
4.84
4.34
4.89*4
4 89*4
4.851*4
4.80*4
4.80*4
4.804
4.80*4
4.87*4
4.87)4
4.,35
4.85
4.85
4.85
4.85
4.510
4.90
S.
4.87
4.884
4.83b;
4.884 4.80*4 4.89*4
4.88b; 4.864 4.89.4
4.87*4
Holiday.
4.510
4.87
4.87
4.89
4.80
4.854 4.884
High 4.834 4.80
Low.. 4.814 4 04
4.89
4.89
4.39
S.
4.80
4.80
4.80
4.87*4
4.85
4.85
4.85
4.894 4.80*4 4.89
8.
4.894
4.894 4.804 4.89
4.304
4.39
4.894
8.
4.80*4 4.35)
4.80*4 4.851
4.874 4.87 4.90
4.85
4.85
4.85
4.854 4.89
4.854 4.884
4.854 4.884
4.80
4.89
3.
4.89
4.89
4.89
4.89
4.89
4.89
S.
leading bankers.]
July.
00 d. Sight.
Juno.
00 d. Sight.
4.90
4.87
4.90
4.87
4.90
4.87
4.90
4.87
4.90
4.87
S.
4.90
4.87
4.90
4.87
4.90
4.87
Mar.
00 d. Sight.
4.80
4.39
S.
April.
00 d. Sight.
4.854 4.884
4.854 4.884
4.85.4 4.834
March.
February.
Odd. Sight.
8
44..8822))6
EXCHANGE FOR EVERY DAY IN THE YEAR 1880.
QUOTATIONS OF STERLING
Hay
[ Voi. XXXII.
CHRONICLE.
THE
32
4.87%
4.85
4.85
4.83
4.83
4.83
4 83
4.83
4.83
4.85
4.85
S.
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.83
4.85
4.84)4
4.82)4 4.84)4
4.82*4 4.34bi
4.82
4.82
4.82
4.82
4.82
4.84
S.
4.84
4.84
4.83
4.82
4.85
4.84
4.82
4.37*4
4.84
4.84
4.84
Sight.- 00 d. Sight.
4.84
4.814 4.84
4.84
4.814 4.64
4.82
4.82
4.82
4.82
4.84
4.84
S.
4.84
4.84
4.82
4.82
4.82
4.82
4.82
4.82
4.84)6
4.84 )a
4.814 4.84
4.82
4.814 4.84
4.814 4.84
4.814 4.84
4.814 4.834
4.814 4.834
4.824 4.85 '
4.844 4.824 4.85
7.844 4.824 4.85
S.
4.844
4.844
4.844 4.82
4.82
S.
4.844
4.82
4.844
4.82
4.8-li-o
4.82
4.844
4.824 4.85
4.82
4.82
4.82
4.844
4.824 4.85
‘4.W4
4.824 4.85
4.82
4.844
4.83
4.844
4.314 4.84
4.82
4.82
4.834 4.85
4.814 4.84
~S.
4.81
4.83
4.83
4.81
Holiday.
4.81
4.83
4.81
4.83
S.
4.804 4.834
4.804 4.834
4.804 4.824
4.794 4.814
4.81
4.844
Holiday.
S.
4.804 4.834
4.814 4.844
4.814 4.644
82
4.82
4.814 4.844
4
4.79
4.S44
794 4.814
6s, cur..
Coupon Bonds.
1898.
rency,
reg.
1898, reg44s, 1891.
101)4
104%
103%
100%
104
107%
103%
107%
104%
120
107)4
120
103
107)6
109*4
107)6
105)6
105
108%
100%
108
106%
107%
103
1084
1074
107%
July.
January.
x
Opening.
Highest.
103%
1044
104%
Lowest..
•Closing.
.
104
x
•
.
.
Highest
t
103
•
1044
....
Lowest
•*
•
•
•
Closing
103%
103%
109%
110%
109%
110%
102%
102%
102%
102%
111%
111%
111)4
111%
102)4
102%
1024
102%
110%
T02%
108*4
.103%
104%
104*4
103%
104)4
103%
August.
103
Lowest.
105%
105%
105)6
•Closing..
105%
1034
105%
105%
105*4
1054
1034
1034
103*4
1084
105%
106*4
105%
100)4
103%
109
104
103%
109%
108%
104
109
102%
109%
110%
Opening.
Highest.
x
103%
Opening
Highest
1044
104%
120
Lowest
120
Closing
1044
104%
September.
Opening
Highest
March.
Opening
Highest
Lowest
•Closing
x
....
1004
104%
•104%
Closing
....
.
1044
Lowest
....
x
1044
'
108%
x
109%
108%
'
•
109%
....
128
109%
110%
109%
110)6
128
128
128
1104
110%
108%
108%
.
110%
109
109
•*
•
....
•
•
•
•
• •••
October.
April.
Opening.
Highest.
Lowest..
-Closing..
x
106%
1074
100%
1074
104%
104%
104%
104%
Opening
Highest
....
«...
Lowest
....
Closing
x
1074
109%
1074
....
109%
MM
103
1104
1024
103
108)4
1104
102
1114
110
13Q
102
112%
130
101%
101%
1114
1124
109%
111%
101*4
1014
111%
134
101
Hl%
1014
112
Hl%
113%
1114
113%
•
•••
November,
May,
Opening.
106%
Highest.
107%
Lowest
106%
100%
.
.
.1
x
Opening
103
February.
•Closing.
4s, 1907.
44s, 1891.
5s, 1881
6s, 1881.
4s, 1907.
5s, lt81.
4.81%
THE YEAR 1S80.
6s, cur¬
6s, 1881.
4.84
4.84
4)81
fc*
4.84*6
4.814 4,84
4.83
4.83
4.83
4 80
4.80
4.80
4.814 4.834
4.824 4.85
4.82
4.844
4.314 4.84
4.82
4.794 4.824
S.
4.84*4
4.82
^4.844
4.82
4.82
4.82
4.82
4.794 4.824
4.83
4.83
4.814 4.834
4.814 4.834
S.
4.844
8.
4.79
4.79
4.79
4.79
4.81!
4-81!.
4.81
4 81
4.824
4.794 4.82
4.794 4.82
4.79 4 4.824
4.794 4.824
4.794 4.824
S.
4.844
4.844
S.
4.80
tlio New York Stock Exchange. |
[Compiled from sales made at
Coupon Bonds.
4.84 4
4.844
4.82
4.82
~
4.814 4.834
4.81
4.834
4.814 4.834
4.814 4.834
4.814 4.-84
4.82
4.82
4.84
4.84
4.84
S.
4.84*6
GOVERNMENT SECURITIES FOR
OF
4.82
4.82
4 82
S.
l4.84b£
4.82
4.82
4.82
4.82
4.82
4.82
4.844
4.814 4.84
4.844
4.84)6
4.794 4.814
4.80
4.824
4.80
4.824
4.80
4.824
llolrday.
S.
4.814 4.84
-
December.
00 d. Sight,
November.
00 d. Sight.
4.82
4.844
October.
Septemb’r.
00 d.
x
103%
102)4
103%
107%
109
Opening
Highest
104%
104%
Lowest
104%
104%
108%
107%
110%
109
Closing
109%
109
Opening
104 *4
109%
109%
109)4
109)6
106%
109%
Highest
104%
Lowest
104%
104%
....
x
112
1294
1294
December.
a ue.
'
Opening.
106%
Highest.
107%
103*4
103%
Lowest..
100%
103%
‘Closing.
107%
103%
x
....
....
Closing
•
112
134
134
134
1
OF STATE
OF PRICES
COURSE
[Compiled from prices bid at the
.
March.
DESCRIPTION.
Alabema— Cl. A, 2 to 5, 19JO.
Class A, small
Class B, 5s, 1900
Class C, 2 to 5. 1900
Arkansas—0s. fd., 1899-1900
7s, L. R. & Ft. S. issue
7s, Memphis
Litt le Rock
7s, L. R. P. R. <v N.O
7s, Miss. O. & R. Rlt
7s, Ark. Central Rlt
Connecticut—0. 1883-84
Georgia—0s, 1880-80
7s, new bonis. 1880
7s, endorsed, 1886
7s. gold bonds. 1890
Illinois—Coupon. 6s, 1879...
War loan, 1880
Kentucky—0s
Louisiana—7s, consol., 1914,
7s. small bonds
Michigan—0s, 18-83
7s
1890
Missouri—6s, due 1882 or '83
6s, 1680
6s. 1887
0s, 1888
6s, 1889
or
1890..
Low.
High
544- 004! 59%- 624 62%- 03
64 - 05
05
54*4- 591$ 05
93 - 934
78
87
864- 92
-
58
15
-
00
18
OS
10
0
7
5
5
5
-
73
72
-
74
April.
MAY.
-
57
00
80
05
-‘574
-
01
SO
08
High
00
80
07
-
58
00
80
“
...
-
.
594
...
-
-
174
72 - 74
10 - 10
3-4
4
3 3-4
3 4
-
....
.
....
.
584- 05
(55
80
89
75 - 78
10
10
2-5
2-5
2-5
2-2
2-2
104 -104
60
-
.
20 - 20
5-9
9
4
9
5-0
8
5 8
4 0
7
3 84!
5 -%
0
0
3 8
3-4
5 0
5V.
3 8
105 -106
xl05-105 1105 - 100
100 -100
99 -101
101 -102 j 99 - 1(H)
1094-1104 110 -1104 1084-1084
110 -111
X107-110 il094- 111
r..
1094-110
109 -109
109 - 1094 1094-110
109 -109
110 -110%
109 -110
1094-110
xl 10-114
112 - 113
1124-114
101 -102
100 -101
100 -100
100 - 100
100 -100
101 -102
100 -101
100 -100
100 -100
100 - 100
-103
101
100 -101
100 -.100
1(H) -100
100 - 100
44)6- 40% 45%- 46% 45%44 - 49 j 47%- 48% 47%- 51%
41 -44
444- 444
45
43
44 - 44
44 - 45
444- 50
103 -104
103 -193
103 -103
x 103-103
103 - 103
113 -115
113 -113
115 -115
110 -1104:110 - 114
103
102 -103
-1044
x 100 -104
101 - 1014 101 -102
1054-105%
1074-10"
105%-107 1054-1074 107 -1074
X103-105
1054- 100
108 -1084 1054-1054
1074-108
X034-100 1105%- 107 1(>6%-1074 1004-1084, 108
1054-1054
-1094 108 -108
107%-1084 1074-1084
x044- 00*4 106%- 108
1074-1074
1084-109 109 -1104100 -110
x054- 00)4 1074- 109 1084-109
-
August. SlPT’BER. OCTOBER.
Low. High Low. High Low.
574- 584
07
13 - 15
124- 15
5-5
5 54
5-5
5 0
5-5
5 54
5 5
5 —
5
5
5 54
100 -107
100 -100
102 -102
100 -100
-
July.
JUNE.
Lowr. High Low. High Low.
57 - 00
57
63
75 - 01%
02 - 71%
10 - 15
3-8
3-4
3 5
3 44
3 4
105 -100
97 -100
109 -110
109 -1094
109 -111'
100 -100
100 -100
100 -100
47 - 51
45 - 4!)
103 -103
114 -115
101
-104*4
YEAR 18S0.
SECURITIES DURING THE
New York Stock Exchange on each Friday.]
-
....
-
....
....
-
....
....
*“
....
110
-111
High
674- 684
09
90
77
14
3
3
-*70
91
68%07
90
77
20
124
-
•
8*
3-7
63%- 704
70)4
71
91
77
13
78
18
•
-
■
69 4
914
-
784
8
-
-
-
74
84
-
-
-
-
NOV’BER. DEC’BER.
Low. High Low. High
84
-
9
9
•
-
3 8*4
74
8
■
3-7
-107
105 -100
100 -1034 104 • -100
109 -1094 109 ■ -110
109 ■ -110
1084-109
xllO -xll2
111 -112
8
8
100
■
-
-
-
749
6
7
7
107
100
110
110
71
93
80
15
8
-
•
9
8
-
-
-
8
7
-
1074
-
106
-
1104
-
•
■
-
U24
110
114
Low. High
72
74
92
85
10
9
70
99
-
•
-
884
•
-
21
•
-
IT
-
-
94
8
8
8
107
106
111
734
■
-
124
•
11
9
9
-
-
-
-
1074
-
-107
-112
1104- -112
115 - -116
■
-
_
__
-
_
-
4(i%
....
.
....
....
40-47
....
104
115
“
....
-104
-115
_
_
i05%-107
100
-108
1074-109
1084-H04
47%- 49%
44
103
112
102
107
108
108
109
-
45
-104
-115
-103
-107%
-108
-109
-110
48
44
102
110
103
107
107
108
494
•
44
- -105
- 115
- -103
■
-
-
49%- 51
47
105
115
104
-1074 108
-
49
105*4
-117
t
-rl05
-109
514
50
105
115
104
110
-
-
-
544
514
-105
■ -118
■ -105
-
-IIO4
-110%
108 -10941110
-108
110 ■ -111
-1084 1084-110
109 -110
1104 -1114
1084 -109
•
-
lltillul licit
iv
u
rlciilIllDtil cv ol*
fi«i
ov«i
lOO
i
'
110
109*6-110
100
100
105
110
IRQ'*
110
-107
-107
-100
-110
-110
-110
110
<5«, loan. 1898
No. Carolina—Os, old, ’80-’98 24 - 2014
20 - 204
Os old, A. ,fc ()
xllO-1124
N. Car. RK., 1888-4-5
x90
92*4
N. Car. RR., 7, coupon off.
xll0-l 124
W Pur
HR ’ A Mr (i ■
N. Car. RR., 7, coupon off. x90 - 9214
94- 11
«4- 11
Funding act, 1800-1900....
Funding act, 1808-1898....
New bonds, j.& J., 1892-98
New bonds. A. & O
Chatham RR
10546-100
10n
t na
vl(VJ! -10nU
105
100
100
100
110
110
110
28
28
110
90
no
90
10
10
15 - 17
15 - 17
3 546
4 64
4 04
3 U914
Special tax, class 1, 1898-9
Special tax, class 2
Special tax, class 3
-100
-100
-100
-100
-110
-117
-110
29
29
-110
90
-no
90
-
109*6-110
107
107
105U.-107
107 - 108
107 - 107
100 - 107
117 - 117
118 - 118
119 - 119
29
29
110
90
110
90
-
104- 17
1046- 17
4-5
5
546
546
-
44446-
-
-111
- -100
- -100
- -107
- 107
- 107
- 117
4100
29*6
2946
-
-109
-
117
118
119
28
-
118
-
120
-
29
29
- 112
95
- 112
95
10
10
-
28
110
90
-
115
95
no
115
90
95
10
1046- 11
10
1046- 11
17
17*6- 18
17 1 <46- 18
4 446
263 3*6- 446
3 3*6- 446
3 346- 436
104
10*4
-
109
107
104
104
107
107
110
109
-110
*105-108
X100-109
tt
• • •
>«..
1887
nnnpnn,
lr\«rT
1894-95...
546
-
-
-
176
17*6
36
109 -111
ill - 111
112 -112
100 -107'^ 107
108
1004^-100*6 107 -108
-107
107
107 -107
-:o7
~
107
107 -107
107 -107
-117
m
110 -110
118
-118
117 -118
119
-119
“
no -120
28
286 286- 2834 28 - 28
28
286 236- 2834 276- 28
110
-110
no - no
110 -112
109 -109
X1O0-1O9
110 -114
Rhode Island—0s, cp., ’93-99 xL09 -114
South Carolina—0s, act Mar.
5-0
2 04
23, 1809, non-fund., 1888..
37
Tennessee—0s. old, 1890-2-8 31 - 33k 30
0s, new bds., 1892- 98-1900.
0s, new series, 1914
Virginia—0s, old
29
29
18
18
18
75
0s, ex-matured coupons...
Os, consol.. 2d series
0s, deferred bonds
Dis.of Columbia—3'0os,1924
Small bonds
Registered
-
-
31%
314a
3246- 34
32*6- 34
23
20
20
75
24
25
25
75
49
30
504- 51
25 - 30
«6
54687
89
87
27
25
25
75
52
32
-
-
-
8*4-
846
-
89
8744- 97
8744- 87U
-
89
8?k- 964
S9,4f
-
102
- 109
- 115
546
44630
30
30
22
22
22
75
102
103
112
37
-
90
-
no
IK)
10
10
-
-
-
176
17
176
26- 26
-
.
176- 176
26- 26
3
3%
-
3
3
36
-
-
186- 18)4
26-
2
2
2
00
-
3
3
36
36
-
3
-
36
-
36
-
24
23
23
80
-
-
-
-
-
20
75
-
526-
846
94*6
76906- 936
-
93
92
101
....
-
....
....
-
....
-
....
COURSE OF PRICES OF RAILROAD
22
-
-
22
-
22
80
54
23
06
94
-
-
-
-
93
94
94
-
101
lot
112
-
115
26-
-
736
-
08
556
58)4-
20
20
20
H5
24
-
-
-
-
5)0
-100
-100
99
107
107
-100
107
95
9U
906
-
906
-
97
- 107
- 107
- 107
-
36
30)4
36-
2%
9U90
- 101
1096-110
112 - 112
101
30
20
20
23
23
23
85
01
25
-
246-
....
104
104
103)4
-
30
25
-
-
-
30
29
29
22
22
22
82
25
7
95
-
-
-
-
....
-
-
_
Registered
-
27%
100
109
115
36
26-
34
27
23
22
22
80
54
25
8
-
22
93
93
-
-
20
20
31
_
_
3
37
-
-
26
36
36
36
-
076-
-111
-115
100
112
31*f 286- 30
314 286- 306
-
5346- 5446
21
8
93
93
93
3
30
„
IN)
90 - 90
-110
110 - 110
90
90 - 90
10
106- 106
10
106- 106
17
k
17618)4- 18*4
90
-112
90
10
10
90
no
90
10
10
17
1026 1026-103
109
- 114
-
,
-
3*6
36
36
-
.
-
_
-
.
...
30
25
25
-
25
25
-
January
Febii’ry.
March.
107
107
-
-
-
-
-
-
....
—
.
-
-
-
-
-
-
-
-
-
-
-
-
—
-
-
-
-
-
-
-
....
....
38
326
30
38
-
3546
-
34
-
_
.
-
.
....
....
_
_
_
_
_
-
....
-
....
-
....
-
....
-
,
-
-
99
105
105
-
105
976104
104
104
....
....
976- 996
98 U- 996
-
98
98
98
100
100
100
006
-
99
-
3
37
31
31
22
22
22
90
59
23
0
-
-
June.
May.
July.
-104
104
-107
1056-H06 108
-110
104
1126-115
-1076
-1076 108
111
111
100
118
119
122
31
31
115
90
115
90
11
11
19
19
-111
-111
-105
-117
-119
-12L
31
31
-115
90
-115
90
11
11
19
19
2
3
3
3
-
-
-
-
-
-
-
-
-
-
-
986
986
-
-
-
2
2
-
-
99
-
-no
-115
26-
-
-107
100
-107
-
-
-
-
4
-
-113
112
113
-115
-no
-
-
31
-
80
-
3
27
27
27
91
01
27
-
-
-
-
-
-
74s r 8H*
078 i- 98k
978 £- 984
978\~ 08k
100
-107
-107
-107
115
2%
42)4
41
416
20
20
20
93
04
27
8%
99
99
99
107
107
107
-no
-120
4*4
406
-
-
-
-
-
-
-
-
-
-
-118
-120
-123
-
-115
90
-115
90
-
-
124
-
124
-
20
20
-
-
5^
-
44
44
44
-
ftfea
-
7
-
82
80
100
107
115
836
-
84
-103
-no
-
-121
5
40k
44
446
436
284
-look
-1006
324
32H
-
44
27
27
27
97
71
30
12
-
-no
-111
-111
-100
no
107
107
104
114
115
118
31
>31
115
90
115
90
11
11
19
19
3
46
4)4
4)4
-
no
•
as
-
996 986 996
-1006 100 -1004 100
100 -1006 100
-100
-
-115
90
11
11
19
19
-
-1036 1026-103
20
24
24
90
59
25
996
-
90
-
78
79
-
25
20
20
90
76
-
-
786
306- 326
304- 324
27
-
-
2
-
326
316
596
-
-1086
-111
-111
-107
-119
-120
-124
31
31
-115
16
-
0
50
-
-
486.
-
28
28
504
-
32
33
33
-105
-
-
-
100
73
30
77k
-
35
-
126
174
-
99k -104
996 -1036
-100 k
994-104
-1074 107 -107
-1076 107 -107
••
-1076
*
•
•
THE YEAR 1880.
Exchange.]
August.
Sept’ber. October.
1044-107
-107
105
-107
1074-111
1094-111
111
-115
NOV’BER.
115
-120
1346-1456
_
_
__
_
Belleville «fc So. III., prf.
Host. & N.Y. A.-L., pref.
1106-112
107U-108U no
30
AND MISCELLANEOUS STOCKS FOR
April.
-111
-112 k
3U
41
RAILROAD.
100
DEC’BEn.
Dec’ber.
Low. High Low. High Low. High Low. High
High Low. High Low. Higli Low. High Low. High Low. High Low. High
Low. High Low.
Albany & Susqnehanna.
Nov’bkr.
-
-
.
-109
-109
—
....
[Compiled from all sales of Stocks at the New York Stock
STOCKS.
-108
-108
—
....
110
112
109
111
105
115
-117
117
117 -117
119
117 -119
118 -118
120 -120
121
120 -120
31
29
306 30 k 31
31
30
306 30 k 31
115
no -115
110 -110
90
90
90
115
no -115
90
90
90
11
11
106 116 11
11
11
11
106 11*4
19
19
19
18*4 19
19
19
19
18)4 19
1
2
2k
2
3
2
2
26
2
3
2
26
26
2
3
,2
26
26
77
75
70
786 78
70
77
75
72
72
103
102 -103
101 -10 L
no
1096-1096 109 -no
115
115 -115
115 -115
108
103
_
-111
-112
100 -100's; 100
1004^-107 ' 107
—
....
—
102
109
114
1116-H16 111
....
_
xlOt-1016 101*6-102
110
-110
-111
103
111
_
Ohio—0s, 1881
0s, 1880
Srpt’beh. October.
High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High
Low. High Low. High Low. High Low.
Missouri—Cont inued—
August.
July.
June.
MAY".
April.
March.
FEBIt’RY
January
DESCRIPTION.
STATE SECURITIES—Concluded.
OF PRICES OF
COURSE
Funding bonds,
33
THE CHRONICLE.
1881.]
January 8,
119
-119
143
-148
60-60
55
-
61-k
51
-
57
50
-
54
45
-
496
37
-
37
476
-
434
41
-
474
45
-
474
394- 46
404- 45
43
-
46
49
-
506
_
158
Burl. C. R. & Northern.
50
Canada Southern
666- 746
14
27k
Cedar Falls dk llinn
-
60
-
1 st
-
72
576- 804
64%- 694
-
256
18
566- 00
65
23
-
29
69
754
574- 674
18
244
-
-
50
-
674
18
-
57
-
51
-
63
584
174- 194
40-63
18
__
Central Town
2d
-158
_
_
58-69
66
57
-
044
59-64
15
-
15
184- 19
25
-
25
Central of New Jersey..
Central Pacific
Chesapeake &■ Ohio
1st pref.
2d pref.
Chicago & Alton
796- 836
814- 87
19
-
236
30
-
346
22
264
996-1096
117
Pref.
-
-120
804- 876 836- 90*4
836
804- 846 76
204- 236 20-k- 254
296- 344 304- 35
236- 256 236- 274
1064-1104 1064-116
-
122
-122
-
-152
1446-148 1406-1496
856
754- 806 764- 816 79
Pref.
1006-1036 1024-1044 X034-1076
89
Chic. & Northwest
926 884- 934 916- 97
Pref.
1044-107k'104 4-1074 1066-H06
Chic. Rock I.& Pacific.. 149 -1536 1494-1526 1516-190
136
Chic. Burl. & Quincy
Chic. Mil. &, St. Paul
-
-
25
-
48
35
46
-
53
496- 584
-
47
374- 45
544- 596
19
18
45
-
774
534- 694
63
-•
72
65
15
-
206
204- 244
244- 27
274- 31
194
236- 254 17
108 -115
1034-1084
124 -127
1224-124
*123 -1494 1134-125
75%- 834 664- 78
102 -1054 99 -1024
876- 934
924- 97
1076-H06 1054-1094
186 -1944 1814-192
-
30
-
41
22-31
55
-
606
444- 57
-
73
22
-
X113-122
684- 816
996-106
874- 954
107
-110
189
-204
x69
-
-
21
110
-1154
130
-130
120
-1254
73
102
-
89
-110
876- 994
1074-1154
636- 664
574- 634
....
-
....
286- 32
-
59
58
-
75
38
-
476
804
734- 784 69
736- 784 714- 76
184- 194 174- 214
25
284
254 22
20
224
204 19
X134-H8 113 -118
X1254-130
1264-X396 126 -140
87
914 876- 956
108 -1124 1094-114
976-1016 994-100
1156-1254 1184-1264
-
-
-
-
-
-
-
1006-1086 X036 xl54 1116-1154 114 -122
36
32
26
414 344- 42
324 28
55
45
476- 57
-
-
-
-
....
-
63
696
594- 694
154- 194
296- 346
684 646- 764
656- 736 686- 816
66
-
IS
-
18
VU- 18
334- 35
346- 37
75
436- 446
724- 785,;
72 - 794
-
776- 776.
77
826 756- 856
974
784- 864 81
19
21
214- 25
194- 23
316 274- 364
254- 27)4 25
23
20k
204- 224 206- 24
136
-1596
1124-1366 1314-144
1426-1424 140 -144 142 -160
1454-1754 167 -1836
1344-146
x91-xl066 1014-1124 105 -1144
75
-
-
-
-
-
X1096-X21 1176-124 119 -1246.
117k-129k
105 -1176 1114-130
1224-142)4 134 -1464 1304-1454
xll6
-1234
816- 39-4
-1256 1226-143
386- 426 374- 41k
120
....
-
100
Chic. St. P. M. dk Omaha
Pref.
Cin. Ind. St. L. dk Chic..
Cleve. Col. Cin. & Ind... 774- 816 75 - 826 77 - 804 74-80
Cleve. & Pitts, guar
1064-1136 1106-H36 110 -1114 111 -114
Col. Chic, dk Ind. Cent... 206- 256 204- 244 156- 214 134- 17
Danbury dk Norwalk
Del. Lack. dk Western
83-88
834- 924 896- 944 834- 944
Denver dk Rio Grande
_
-
1064-113
New
Chic. St. Louis &; N. O...
Chic. St. Paul dk Minn..
Pref
154- 20
224- 28
044- 776
746
104- 194
234- 26
744- 856
72-80
694
_
59
pref....
pref.
-
426- 476 394- 456
79k- 846 804- 856
80 - 864
80-81
75-80
684- 724
61
706- 73
724 034- 73
764 62
X1104-114 1124-H8 116 -1216 1194-1256 122 -124
16
15
214
184 164- 20
116- 18
94- 14
36
-
454
69
-
80
-
-
-
-
50-50
_
_
-
416- 47
816- 866
864- 894
43
426- 464
824- 86
70
826 784- 85
1206-125 xl24 -1254
214
174- 204 18
_
_
874
714- 814 76
62
664 614- 754
684- 87
-
-
_
..
Dubuque dk Sioux City..
60
Frankfort dk Kokomo...
Hannibal dk St. Joseph.
-
60
64-65
22
_
-
076- 716
68-68
836- 924
68 - 744
67
_
23
123
-
-
53-53
314- 364
34
424
714- 864
36
36-6- 446
79
866
244- 354
374 224- 34
75
x684x734
736 636- 724 67
195 -195
180 -1804 185 -200
180 -180
Harlem
163 -180
158 -162
62
65
60-68
66
55
Houston dk Texas Cent. 51
85
75
664 64
494- 67
786 71
916 666- 83
105
-111
1106-1164
100
x086
xl36
Illinois Central
-1074
996-1056 1004-X044 1014-110
1044-1096 1004-1054
25-33
284
25
32
Ind. Bloom. dk West
326 28
28
30
264- 324 29
454 36-43
394 304- 35
Ind. Cin. dk Lafayette
4-8
36- 44
Pref.
■.
336- 42
64
726
-
384- 426
694- 76
-
354- 404
694- 75
-
31
-
65
-
-
-
-
-
-
-
-
-
-
-
-
•
-
71
1114-1194] 116
434
75-83
77
20-20
40k- 50%
864- 946 91 -105
190
-
-
39
-190
26
-
-
62-77
185
996-H04
74
866
964-1054
73
814
38
374- 434
804- 906
-
.
70
70
„
...
_
_
-
f
51
786- 966
-1296
18
21k
-
876- 92% x884 x994
68 - 744 70 - 75
-
826-1016
....
..
_
_
-100
-
45
-192
194
-196
794 59 - 766
-1224 118k-1276
-
-
52
35
-
....
-
•••»
-
506
34-43
_
_
_
_
...
Interuat. & Gt. North...
Kansas Pacific
Keokuk dk Des Moines..
Pref.
Lake Erie dk Western...
Lake Shore dk Mich. So.
Long Island
Louisville dk Nashville
Louisv.New A Ib.dk Chic
*
40-50
87
46
-
47
39
-
39
-
-
-
-
-
-
-
374- 436
55
-
69
1166-146
65
-109
139
-164
926-1044
Ex-dividend of $1 25 and 20 per cent in stock.
115
S5
-1646
-
95
120
-133
10
-
12
25
-
25
10
-
10
94- 116
43
-
11
13
10
-
13
10
...
-109
264- 334 30
X101-X094 105
120
-128
X118-126
904-106
100
-
15
374- 436
264- 276 29 - 306 31 - 31
336 31 - 356 30 - 344 31 - 366 33k- 42k
1076-H74 1126-1246 1184-1396
-1096 1056-111
-
-
95
214- 314
10
-
115
-132
130
-1604
155
20
-100
-
-
+ Lowest price is ex-dividend of 100 per
—
-
24
-173,4 +84 -174
•
-
46
-
13
-
864-127
-
?_
-108
924- 966
9-9
15
10
174- 206 166- 19
144- 15
26
27
39
41
34
376 35
364 30-35
31
206- 33
384 306- 356 204- 32
356 30
986-1046 1024-1084 1076-1H4 1054-1096 97 -1074
43
-
....
cent in stock.
30
-
30
.
.
.
.
77
—
-
•
.
89
384- 00
.
•
THE CHRONICLE.
34
COURSE OF PRICES OF RAILROAD AND
STOCKS.
August.
‘July.
J HNE.
42
49%- 58
—
2tl pref
-
7%- 11
Metropolitan Elevated..
Michigan Central
Mo. Kansas & Texas
Mobile Sc Ohio
Morris & Essex
Nashv. Chatt. &; St. L...
N. Y. Cent. Sc Hud. Riv.
New York Elevated
N. Y. Lake Erie Sc West.
...
Pref.
N. Y. N. Haven Sc Ilartf.
N. Y. Ontario &. Wrest..
-
-
-
-
-
-
....
81
_
32-38
Northern Pacific
Central
Ohio Sc Mississippi
Pref
168
Panama
Peoria Dec. &; Evausv..
-184
-
....
180
21
....
-120
31
-
42%- 70%
St. Louis I. Mt. Sc South. 49%- 57%
45%
St. Louis Sc S. Francisco 40
49%- 58%
Pref
68%- 79
1st pref
Pref
-
....
-
-
81
78
-
27
-
76
-
20
-
185
-
-
-
-
-
-
-190
76
76
28
as
32% 29
28% 25
46% 56% 51%- 57%
43% 50
17
21%- 23
21% 18-24
24 - 35% 31
35% :12%- 30%
78
75% 72
08%- 75% 71
52%
21
18
-120
-120
-185
180
-
-
-180% 182
-186
-
96
~
_
....
30
33
-
34
-
105%-115% H0%-130%
39% 36%- 41% 36%- 47%
19
23%
21%- 24% 22-24
...
-
26%
20
-
20
20
-
24
22
20
-
25
15
-
16
15
-
21
20%- 24
-
-
-
-
-
58%- 76% 71-84
-147% 139%-155%
112 -119
110 -114
117% 125 117 -126%
43%- 51%
37%- 41% 38%- 45% 42% - 49
72 - 82% 77
60
93%
71% 70-70
164%-170 173 -180 Y!2%-Yn 171 -176
20-26
20%- 25% 24%- 32
29%- 32%
-
70
68
70
-
68
-
41%-
45%
70%- 81
37%- 44%
76
83%
36%- 43
74%- 80%
St%- 37%
73
72
-
20-24
77%
-
190
-
65-06
....
23
-
26%
24
~
125
-120
120
-
-
-
-
-
42
45%
80
-
76 %-
47
-
46%- 47%
87%- 94%
90-94
84%- 97%
43% 40% 42-46
42% - 48
65
65%- 70%
72% 67%- 72
100 -100%
-
-
42%
34
71
-
70
70% 78%
-
-
-160
36% 44%
64-70
80
84
-161
-
68
66
71%- 73%
76%
-
70
76
-
72
00
03
-
79%
-
-
55
-
70
75% 81
A rnprirnn
Union
39%- 43%
Atlantic Sc Pacific
99%-105
Western Union
42
41%- 53% x41%- 51
103%-118% 104%-113% 104
45
-
-109
34
-101
100
76%
-
69
-
United States
Wells, Fargo Sc Co
COAL AND MINING.
(?onl
93
-110
-112
-
-
35-38
32-32
65
-
67-79
77%- 77W
79%
7?%- 88
30-37
34-39
35
-
87%- 94
92
97
-113%
50
65
109
52% 41-56%
30%- 42% 39%- 46%
50
54% 50%- 65
77-85
82%-ioe
40
50
-
_
40
46%
93%
-
-
46% 42
-
-103%
_
40%- 46%
73%- 80%
41
46%
75%- 88%
-
-
47
-
74
77%
57% - 07%
-
39%- 45
x95%-107%
72-78
72%- 78%
59 - 64%
SOL.
-
77
59%-' 04% 59%- 75
34
43% 33 - 38%
90 -104% 77%- 92%
40-43
-
96%-105%
116 -118% 117%-120
110 -118
116H-122
-120
66
62%- 66% 63
58%- 59% 58%- 65
57%- 00
50 - 53%
4H%- 54% x51%-x55
47%- 49% 47%- 50
113. -118
113 -114
106%-110 109%-111% 112 -117
115
-
-
Amprirun
Central Arizona Mining
ClimnY Mining
Colorado Coal Sc Iron...
Consolidation Coal
..
4%- 6
11%- 21%
3-3%
32%- 36
8%7
-
2%30
55-55
__
__
Carabou Consol. Mining
-
5
13
3%
30
2%2%6%1%40
-
32
-
36
3c
-
70
01-05
60-62
Deadwood Mining
Excelsior Miuing
20
-
25%
18
-
22
18
-
19%
19
21%- 25%
21
-
23%
20
-
21
35-38
34
-
38
33
-
39
19%- 20
33 %- 36
3%-
kittle Pittsburg Mining.
j n* n-
26"
-
4%
5 %4
-
7% x6% 3%4%
30% x13 - 28
3%- 4%
3-3
8
7
3%
-
15%
3%-
3%
-
2%-
29-29
30-35
2-2%
5-6
2%- 2%
28%- 30%
28
-
28
38%- 28%
-
5-6%
2
2%- 2%
5%- 0
2% 2%
29%- 32%
29%- 29%
3
7%
3
2%-
35
32
Idoroestake Mining
La Plata Mining
_
_
.
2-2
2%- 2%
2%
3%
2%- 3%
6-7%
9,%
2-3
2%
42% 35 - 40%
rnmhprlM flnsil At. Trnn
M'nripOSn f .HinI A'
42
_
86%106% 101%-108% 102%-109
-
-
-
-
-109
76% 72%- 75%
-
-
-
32
-
-100
112 -119
109%-114% 111%-113% 111 -115 110%-114
107%-110
108%-108
54 - 58% 54 %- 62
56%'- 59
55
57% 56
60,% 57%- 59
58% 56
44
49
47
49% 48 - 49
49% 42
48% 47% 50
46%- 49% 46
105 -109% 105%-107
104 -108% 104%-107% 104%-107
102 -104
100 -105
American
30%
39%
-130
92%- 96% x85
169
EXPRESS.
Adams
-
-
,
35-44
43%
89%106%
25
-
169%-169% 175%-180
30% 34%- 42% 38%- 43% 34%- 39% 36 ~- 44%
68% 62% 71% 69%- 73% 64 - 70% 67%- 78%
-160
f
-
31
29
-
__
-
26
-
_
..
-225
74
-
_
_
_
_
-
24
-
-
63
84%- 95
159
29
101
_
26
90%
_
26%- 39%
51%- 67%
21%- 25%
35
39%
85%-102
-129
127
-
TELEGRAPH.
American District
"-125
-
40-40
87%
-
159
_
_
-
86%- 91%
xl57%- 160 160
_
_
-
40%
35
30-30
34%
67%
-
,
208
-208
200
-
65-05
25-27
Pref
-190
-
-
-
....
02
-
-
-
32
-
-
23%
-
22-24
-
_
_
80-82
85%;
-
34%
30% 28
65
55% 52
24-27
28
37% 34%- 38%
79% 76
90%
-
192
-195
24
129
47
Wab. St. Louis Sc Pac...
70
20%50%21 %32%-
27%- 32
51
57%
.
Union Pacific
135
-
-120
-
-
-
....
-
X117-123
-122
115
-
117
22
-
-
-
_
Pref
-
-
-
25
-
-110
-
27%
-
„
-120
43
-
106
-118
108
95%-110
35
25
-
~-113%
89
0-7
43
28% 24%- 27% 23%- 28%
25
23%- 32% 29%- 48% 40%- 54% 45%- 54%
123 -125
124%-129
-124% 120 -124% 120%-124
33%- 34% 34
35%
30%- 34U, 32%- 36
25
25% 24%- 28
10% 22% 13%- 19% 19
120
119 -123% 120 -124
120
-120
118
S8
21
-
-
-
_
119
401^
8%- 11%
-
109%-112% 111 -117
50
71% 59-04
xl2S%-m 129%-138%
-
20
-
30-40
4-7% 0
10%
4%- 7
2%- 4%
39%- 40% 40%'- 41%
8
5%
36
42% 31%- 38%
31 %-
_
-
185
-
40
92%- 97%
30%- 37%
-
35%
76%
39%
-
76
-
22
-188
170
_
119
-
-
-
-
40
-
-
St. Paul & Duluth
Pref
-180
-
-
30
45
-
19%- 25
20%- 21
30
19
23% 18
23%- 25% 20%- 27
65
77
75
90
58
05
79% 77
01
70
03-69
59H 59
80-65
57%- 00
4G%58%
48%53
53%56
58%
54%
65% 40%- 59% 34)4- 50% 35%- 48% 43%
54%- 80
35
32-43
30
25 %- 34
37% 32
41
39% 36
35% 33
45% +31%- 41
42%- 48
42
42
4754 43-56
51
50% 40 %- 50
4.8% 45
54
56% 33
59% 54%- 60% *45
73
05
79%
79% 72%- 77% 74
60-70
72% 09%- 76
79 *
75
78% 76%- 83% *65
25-34
34
30
35
26
26
32, - 34% 34
33
39
40
37%- 37% 37
25
34
-
17
119
-
-
-
-120
93%
92%- 98%
35
39%
21
24%
106 -112%
65
74%
128%134%
110%-114
37% - 44%
-
-
-
89
83-95
-
23%
28% 23%- .25%
72% 58%- 70% 17%- 01%
89% 63
-118
117%119% 117 -118% 116%-119
21
_
__
St. Louis Alton Sc T. H.
180
26
-
67%- 72% 84
Phila. & Reading
115
Pitts. Ft. W. & C.. guar. 112 -117
111
Rens. Sc Saratoga
Rome Wat. Sc Ogdensb. 20
-185
5-8
31
-
-
-
-
-
2S%- 32%
57%- 88
31
"-102%
88
97
-
31%
29%- 34%
51%- 57% 51%- 54% 39%24
27% 20
24% 14
39% 23
S3%- 44% 32
76% 66
70%- 83% 72
-
Ohio
-
26-%- 31%
45
3%2%-
0-%- 10%
9
6%
7%4%-
90% 77% 96% x36% x97%
94% 75
33%- 45% 28%- 35% 28%- 38M 33%- 39%
12
17%- 23%
19% 14%- 21
19% 24
105%-108% 100 -108% \102%-108 104%107
58
70
x68 -xai% 52-75
47%- 71
122 -131
122%-129% 126%-132%
129%-136
112 -117
112%-115% 109%-119% 109 -113
43X 38%- 44%
41%- 46% 30%- 43% 30
73
70% 04% 72% 65
65% 47
&3% 70% 47
159%-163 160 -163% 159 -165% 162%-165 164 -166
25% 23% 24%- 27%
29% 23%- 30
25%- 31% 25
89
_
31%- 36
53
59%
2-4
28%
29%- 37%
65%- 84%
56%- 80
Pref.
8-4
-
92
25%- 31%
33%
-
50-50
_
-
-105
92
110
-
21
26%- 35-%
_
-
-118% x05% 117%
90%- 95
88%- 92% 88%- 93
32
48% 41%- 40%
49% 42
21
29%
27% 21 %- 20% 22
102%-110% L06%-109%
101%-105
75 -128
78
95% 82 -120
130 -133% xl29% -137
129 -135
120%-127% 120 -126 x 117-125%
41%- 48
44%- 48% 43%- 47%
73% 68%- 72%
07%- 73% 70
156 -159%
156 -158
155 -159
23%- 31% 25%- 30%
-121
31
-
7% 10
6-9%
7%- 10%
5
3
5
6%
5%
m
39%- 39% 29%- 30% 29%- 31
8-14
_
115
24
_
_
11%- 16%
8 - 12
10%- 18
8
12%
prof....
25%- 33%
31% 57%
51%
_
Warren
Nov’ber. Dec’ber.
Sept’ber. October.
Low. High Low. High Low. High
Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High Low. High
Manhattan Elevated
Mar. Sc Cin., 1st
MISCELLANEOUS STOCKS-Concluded.
May.
APRIL.
March.
Febr’by.
JANUARY
:
[vol. xxxil
15
20
-
-
15
16% 17%
18
16% 16
29%- 34 " 29-36
5
5
4%- 4%
3-3
1%- 2
6
9
5%- '6%
5% 9%
2 %3%
2%- 3
14
-
-
-
-
1%- 2%
0%- 10%
1%- 2
21
-
30-35
23
16% 14
15
16%- 17
34%- 35% 32
12
....
-
-
....
29
-
28%
-
15
-
17
-
5
-
34%
5%
1%5%1 %23
*-
2%
8%
1%
24%
33-34
11%- 14
G%- 14
32
35%
5%- 5%
-
2 %-
2%7%-
2%
9%
6%-
1-1
7
-
-
_
-
-
-
2%- 2%
4-8%
25%- 36
24%- 30
33
39% 35-38
19%- 25%
a5
36%
14
2%
9%
35%- 41
11%- 12
15
7-8
9%
30%- 33%
2-2
28
-
5
-
39%- 45%
6-7
31% 20 - 2954
7%- 9%
7%
-
•
•
_
3%-
0%
„
4-0
2%-
4
2
1 Vs~
2%
-
2%
2-2%
-
_
-
—
,
_
_
_
.
_
3-3
Pref..
Maryland Coal.
2i%- 27
Moutauk Gas Coal
New Central Coal
28%- 34%
N, Y,fV Sf rnitsvillc M in.
38
39%
Ontario Silver Mining
-
27
26%- 27
20
-
22
50-00
50-54
50
-
no
23%- 31%
29
24
-
-
35
-
..
200
Pref.
Silver ClifTMining
Standard Consol. Min’g
-210
20
-
62
-
24%
68%
-
21
-
'
16
105
„
38%- 39
195
-200
37%- 38
200
-210
-107
28%- 34
19
IS
-
19
-
45
-
29% 25
-
18
-
20-25
20-28
23
-
19
-
....
77% 71-85
28% 25%- 30
26% 20-24
33% 32 - 33%
28 %- 33
27
33
64
55-64
66%
18%- 19%
....
28
-
•-
....
28
34-35
190
-190
31%- 34
34
-201
195
200
9
13
12
15
20%- 22% 17 - 23
48-68
03
71
06% 63%- 78% 60
3% 5
3% 5%
5%- 6%
27%- 32% 24 ”- 33% 26% 32 x25%- 29%
-
-
-
-
-
30
34
-200% 206
35
30
-206
220
-
32%
-225
14%
10%- 13%
51
4%-
5
11%
10%- 10%
55
47
49
3% 5%
-x27% 25%- 27%
225
56
-
-
x25
-225
-
-
10
50
62%
31
-
14
-
30
-
x27
-529
-
57
2%- 4
27%- 30%
30
210
11
32
32%
-210
13“
50%- 54%
33
25%- 29%
33-31
-215
212
12%- 13%
12%- 14
50-50
45-53
2%-
-
__
_
-
[212%-212%
_
-
-
-
-
_
_
Stormont Mining
18
31
-
_
.
-
_
-
-
__
.
Pennsylvania Coal
Quicksilver Mining
29-35
19
...
20
2%
26%
3%- 4%
-
2%-
24%
2%-
3%
VARIOUS.
—
9-V- 12
K<MtAn Land fn
Boston Water Power—
11
-
16%
Canton
59
-
63
11%- 11%
14%- 19
5«%- 63
17%
.11
-
15
58Vo- 58^
53
-
54
16
-
6%-
9
8-9%
-
50
...
-
54
m-
s-%
9%- 10
40-50
_
_
....
9-9
-
52-54
2%
-
20
10
—
....
-
12%
50-02
-
__
39
rW>nt.of N..T. Ti’ml A*: Imp.
37-42
39
Del. & Hudson Canal
74
70%- 80%
...
-
78%
-
78%- S6%
78
-
86
60
-
80%
65
-
78%
73-83
79%- 87
81%- 88%
8056- 88
86%- 92%
_
__
_
‘
104
125
116 -125
107 -124
115 -120
xl07-xll0 105%-111
105 -111
Oregon R*y Sc Nav. Co... 102 -115% 108 -112
37
38
39%43%
44%
37%- 45% 27%- 41% 30%- 42%
Pacific Mail
36%- 43% S8%- 46-56 36% 62
112 -114
111 -112
U3%-115 118
115 -118% 114%117
113%-115
116 -125
Pullman Palace Car
107%-126
1
1
1%- 1%
1% 2
2 %l%- 2%
1H- 2%
1% 2%
2%- 3%
Sutro Tunnel t
3%
3%- 4%
*
Lowest prices are ex-privilege.
t Sold
ent.
-147
-
*127 -140
28-30
119
-130
43% 39%- 47% -45%- 49
-125
1%
117
-124
1-1%
-
....
....
-104
—
.
179%-180
_
New York Gas
N. Y. Sc Texas Land
-■92H
- 89
85
-
-
__
Jerome Park Improv’t..
Manhattan Gas
as
120
-125
%-
1%
“
...»
25-30
125
-136
46%- 54%
122
-146
14r
1M
THE CHRONICLE.
1881.1
Januvby 8,
OF PRICES
COURSE
35
THE YEAR 18Se.
OF RAILROAD BONDS FOR
[Compiled from all sales at the Now York 3fcook Exchange.
JANUARY
BONDS.
Febu’ry.
MAY.
April.
March.
6 108%-108%'
45
36
57%- 54% 55%54% 57%- 55% 60-56
.7 60
55
55
52
52
57%55
52%51%
tiu avail teed
7
92
92%- 91
90% 91%- 89
Bur. C. It. & N.—lst...5 00%- 88% 90%- 88% 92% - 88%
101 -100
100 -100
102%-102%
ioi%-i6i%
Minn. &■ St. L.» l»t...7
7
1st, Iowa Exten
Iowa C. & W.» 1st. .7 110 -110
97
102
98
95
98%- 94
Central Iowa—1st
7
-
-
-
-
-
Coup. debt, certifs—0
Central of N. J.—1st ...7
Consol., assented
7
Convertible, ass’d....7
7
Adjustment
117
-116% 116 -115%
119 -117
116%-115% 110)4-116
90
1CC%-104% 108 -105% 107%-105% 105%-104% 105
104%- 96
10034-1oi% 107%-100% 108%-106% 108%-107
108%-107% 108%-107 106%- 98
196%-105% 107%-106
79
87
86%- 78
77
91%- 84% 90
Income
7 87%- 81
112%-112%
113%-113%
J.. tfc W. B.-Cou., 81* 7
09%- 96
93% 100%- 98
98%- 95% 98 - 84%
Con., assented
7 99
74
69
75%- 71
65 - 65
7 69-65
Income
111 -108% 112 -112
Am, Dock & Impr....7 108 -105%
108%-107%j108 -107%
113 -100%
109%-108%!105 -104%
Assented
7 108%-105 111 -108
71
08
71
66
67%- 59%
09 - 07
63%
Clies.&O.—Ser. B,int.d.(i 69
46
4034- 35
40% 40%- 42% 44%- 41
Currency, int. def.—O 44%- 37
-
-
-
-
-
_
...
-
Chicago & Alton, 1st..7 110%-116
Income
7
Sinking fund
6 107%-107%
.Joliet & Chic,, 1st—S
-llr
108
96%- 90%
-105
108
68-64
40-35
-108
114
-101
Ch.&E.IlI—lst,s.f.cur.6 «5%- 96%
1st, gold
La Crosse Div
I. «fc M. Div
I. ifc D.Div..M
7
H. &D. Div.:
1...7
C. Sl M. Div
7
Consol, sinking tund.7
2d...'
7
1st, I. & D. Exten
7
1st, S. W. Div
G
LaC. & Dav. Div
5
6
South. Minn. Div
Chic. & Pac. Div—.'.6
Chic. & N. W.-S. F....7
Interest
7
Consol
7
Extension
7
1st....,
Hold, coupon....
7
7
Cold, reg
7
Sinking fund, coup ..O
Sinking fund, reg
6
Iowa Midland, 1st....8
Ctal. & Chic., Exten..7
Peninsula, 1st, conv..7
Chic. «fc Mil., 1st
7
.
113
-113
112
100
-
92
-
00%
99-99
113*4-113%
114
-113
114
-112% 113
-111% 113
-112
109
-109
113
10714-107% 110J4-108%
100%-100 101%-101%
90 - 89%
11234-110%
107
-107
-112
103%-100
-
-103
104%-102%
9(5
94%
70%- 58
-
98%- 94
72%- 71
90
-103% 108%-10434 111%-108
91
82% -80
82%
117%-117% 118 -117 11834-118
109 -106% 110*4-100
114*4-109%
108 -107
111%-107% 112 -108
110%-108% 112 -no 11234-109
87%- 81% 8934- 82% 03%- 8734
-
90%- 94
-
-112
111
-109
102
109%-109%
-100% 102%-102
115%-114%
111%-110%
109
-109
110
109
-109
107%-107%
123%-121%
C.St.L.&N.O.—lstCon.7 108%-108%
2d, income
6 75%- 70
C.St. P. M.<fcO.—Cons.6
~
••
• • • •
-114
108
-108
113
-112
-
98
114
111
-111
111
-111
116
-115
110
-110
111
-110%
116
-112%
109
-109
112
-111
103
102
-102% 103*4-102%
92%- 92%
-100
103%-101%
105
-104
122
-121
-110
12234-121%
105
-103% I04%-104%
105
104
-104
101
-100
-114%
10S%-108% 108%-108% 109%-108
113
11334-113%
-116
118
-
-
90%
-124
124 -114
ii2%-iii
73%- 69% 75-71
4234- 39
43%- 40
123 -122% 125 -125
123
-121
125
103%-103%(
10534-105
11234-112%
-115
108%-108%
115%-115% 115 -111%
-
....
109
125
-122% 125
101
-101
-Id
-
80
8234- 7234
51-42
-125
-115
115
111
-111
115
-113% 115 -115
-130
103%-101
133
115
-
-
-103% 107 -103
10034- 97% 10034-100
106
106
-100%
104
-103
98
-104
109
120
111
105
-105
-130
135
105%-104% 10434-10334
95
91
9334- 96
-
-131
117
-117
118%-117
124
-119
-
-
103%-103% 103%-103
-119
120
110%-110*4
1.10
121
-119%
121
120
-120
120
99
108
98
98
-108
103
-
105
-104
106
109
98
105
-100
....
-
-100.%
102
101%-101
101
-103%
102
-100%
102
97%
100
-100
108
-105% 10S%-107%
108
108
-108
-118% 12034-120 118
-108% 114%-114% 114
-117
-
-108%
-107%
-104%
-107%
108
111
-105%
-109%
107
no
-
....
107
111
-111
130
127
-122%“
-128%
111
-109
103%-103%
105
-164
120
126
-126
-107
91
-105
-
110
-111
-119% 123)4-120
-119%
98
99%- 98
125
-123
-103
114
-109%
-
-117.%
no
106
101%- 99
-105% 109%-100
lit
-110%
113
-110%
91
-no
10S%-108% 10834-108
115
-115
122
-121
11234-110*4 11134-111% 111*4 HI 112 -111
81%- 81
100%-106% 107 -107
-10634 100 -102%
111 -10334 109%-108
111 -10934 112%-112
-109
-114
117 -110
115 -114
108%-108% 108%-107 108 -108 114 -112
116
-116
-117
108
117
112
108
-108
-112
-107%
-109% 112%-112
7jH0%-109
120 -11834
Penn. Div.-cou p
114 -112% 112%-112% 112%-112% 113 -112
116%-111%
118%-118%
7jlll%-110% 114
113 -112
-112
Registered...'
112%-112% 112%-11234 115%-11534
7jUl -110%
Alb. «fc Susq.—1st
115 -115
11234-112% 113%-113%
7 113%-112%
2d
:
103 -108
108%-108% 108%-108% 111 -109%
7,108%-108 U0%-108%
1st consol, guar.....7 109%-107% 112)4-109% 113*4-112
114 -109% 109%-109% 111 -110% 113%-112
11534-114
ltens. db Sar.—1st, cp.7 124 -124
125 -125
125 -125
128 -128
130 -128
128%-! 29
12S -128
125 -125
1st, reg
7
Del. Lack. «fc W.-2d..7 104%-104%
104 -104
102 -101% 102 -101% 10234-102% 102%-102% 104 -104
100%-100%
Convertible
7
1907...
118 -117% 117 -116% 117)4-117%
7
117%-117%
120%-120%
117 -116
Syr. B. & N. Y.—1st. .7jU5 -113 115%-114
113%-113% U4%-113% 114 -113% 116 -114 116 -116
Morris & Essex—lst.7 126 -125
134 -131%
131 -129
i:35 -132
127 -127
125%-125% 131 -128
131%-131
2d
115 -115
114 -114
114 -113% 114%-114% 115 -115
114 -114
7 115 -112% 112 -112
11634-114%
1900
103 -103
7
104%-104%
Construction.
103 -103
7 109
99% 102 -101
1871
113 -107%
.7:113 -112% li5%-115
114%-114>4
111%-11134
1 st consol., guar
111 -109% 109
lll%-109% 114%-112
7i 109% 107 110%-108%
-110% 11234-112
..
-122
115
-115
115
-115
127
-124
130
-12634
-
85
101%- 98%
10834-108%
103
114
-no
106
107
-
-
96%
-114
80
-101% 106%-108
-10434 109 -107
121 -U7
-110% 117 -114
106 -106
10634-105
108 -105% 110%-!07
105%-103
114
100
-100
102
-102
108
-107
115
-115
115
-115
106
-106
116
-115%
12334-121
127
-126
-117
120
-117
117
81% 82%- 78
106 -100% 10834-107
lll%-109% 11214-111
83
115
-
-114
112
*
122
123%-12334 12634-12434
99%
99%- 96% 100
79%- 79%
93
-101% 10534*103% 106 -105
04%- 91% 100 -100 100 -100
-no
-108
-120
111
-
108
12234-119
-101% 104
no
119
-U9%
-109%
7734- 77%
102)4-101% 102J4-101%‘106 -104%
...
107%-106%
-115
105%-105% 106 -100
-108% 110%-10934 11034-108% 111 -11034
-123% 127%-124% 129 -127% 131%-130
125 -125 J
12434-124% 128 -125
11534-114% 121%-115% 121 -120% 125 -120%
115%-114 121 -119 12034-11734 127 -120
115 -113% 11534-H5
124 -121
113%-113%
10734-107% 110 -110 111%-111% 114%-111% 11734-113% 120 -117
119 -114% 11934-118
11934-H9 120 -118% 125 -12234 125 -125
11234-11134 11534-111% 11534-114 121 -115 122 -120 127 -11934
10434-104% 106 -106 105 -106
109 -108% 11234-no
11434-11134 118%-113% 121 -118 12314-122
103%-103% 104 -104 103%-103 105 -103 10534-104 11034-10734
90
90
93
92
10234- 97
93%- 91% 98-94
102 r101% 103 -101
10434-102 108 -10434 111 -10734
10134-100
106%-100% 10834-106% 109)4-107
109 -109
109 -107%
107 -107
10434-10434 105 -105
10534-105% 107 -107
127 -124% 131 -120% 133 -130
124 -123% 12534-124
13534-132
100
7 100 -100
7 11034-110% 112
....
-111
97
124
-112
130
-
107*4-107% 108%-108%
118 -118
Cl. C. C.&Ind.-lst....7 117 -117
Consol, guar
109%-108%
.7 108 -107
7 10034-105
-112
113
-115
-113
-117
7
1884..7|105%-103%
-11234
115
86
95-90
119
118
-
L.&Ch—Cons.!>}•;•••
-
116
106
112
-109
12134-120
-105
119 -117%
118%-117
117%-116
117%-117% 116 -116 118 -118 121 -121
97
97
96
97 l 97%- 94
98
90% 98
95%;
112 -111
111%-107% 111%-no
L08%-108% 10634-105
77
76%- 74% 76%- 75
7534
118
St.P.&Sionx C.-lst.6;19t -96%
C. I. St.
t ill. Laf. & Chic.—1st.7 92%- 92% 103
CoLC.iSb Iron—1st, con.6
Del. & II.—1st,
88
11834-11834
82-78
-•
-120
-103
114
104
C«n.&S,-lst,C.C.C.&I.7 100 -103
-
70
-106
115
•
Chic. St. P.& M.—lst.6 103%-102
Land grant, Inc
6 97%- 93
No. Wisconsin—1st ...6 •••• - •••
-111
89
-109
120
103
•••
115
95% 106%-100
107
-
-102
-
111 -109%
US -HI 108%-107% 109 -108 110 -108 109%-10(5 109 -109 110%-109 109 -108% 109 -109 110 -10934
119 -118
117 -115% 117%-115% 118 -116% 120 -117% 118 -116% 118 -117
12734-12334
120%-118%
12334-119%
110%-115
116 -115 116 -116 117 -116% 117%-117 118 -117% 118%-116% 118 -117% 118)4-118% 119 -118% 123%-120 12634-12334
106 -105%
10734-105 108%-107)4
107 -106% 107 -107
-108
-no
-
111
119%-119% 116 -116
119 -118
-112% 119%-114% 119 -113
116*4-114
113%-112% 114 -112 116%-114% 117 -113
116 -115
115 -115
115 -113
111%-111% 111%-111
112
-114
109
114%-H4%
no
102
80
122
-
5134- 44%
43%- 43%
100%- 96%
100
-no
-
-106
-
-100
80-80
111 -108
112 -110%
110%-110
68
01% (58%- 67% 71 %- 67%
39
39
42
37
38
38%
123 -123
121%-121% 122 -122
100 -106
105 -105
10634-105%
100
4234
106
no
-
-
104‘,fl04%
70-65
109
-122
100
99%- 99
116
123%-121% 123% 122% 123%-122
113%
Registered
6 116 -116
Keo. & Des M., 1st.. .5! 06 - 94
DKO’BER.
-113
42%- 38% 42%- 3834 47
4234- 42%
94
100
94%- 93% 98
106
112%-112%
-112
-100
97
113%-113 114 -114
109 -107% 109%-108%
Win. & St. P.—1st
7 103
2d
7 ••••
Chic. It. I. & P.—Coup.6 HO
1st, 1891
1st, extended
Coupon, 1891.
Reg., 1894
94
103
-100
Income
7
125%-125% 127%-127% 12S%-126% 132%-130
Chic. Mil. & St. P.-lst .S 127%-127% 126%-125
118 -117%
2d
112%-112% 113 -113
7*3-10
7 112%-lll
7 112%-111%
7 111%-111
91
-101
-112
109%-109
100%-109 110%-109%
~ — 109%-109
124
7 11034-118% 121 -119% 121%-120% 122 -120% 123 -121%
5 101
40
107%-107%
1st—8]••••
Sinking fund
1st, Lake Shore
Nov’bkr
108%-108% 105 -105
..7
-112
-
-
101
St. L. J. tfc Ch., 1st. ..7 112
Miss. Itiv. Br’ge, s. f. .6
40
-
113
-no
4334- 41%
105
99%!l04%-103 109 -104%
103%- 99% 104)4-102% 108 -104%
111 -100%
107%-104
107%-107
79%- 72% 82%- 77
85%- 81
108
-110
Lou. & Mo. Itiv.—1st.7 110
92
101
uo
-115% 119 -118% 116%-115%
-117
-107%
,
2d
117
118
....
-
-
-
117
109%-109%
44%- 40%
-
-
Chic. Bur. & Q.,
tk»n sol
Sept’bkr. OCTOHEH.
High.Low High. Low High. Low High. Low High. Low High.Low High.Low High. Low High.Low High.Low High.Low High. Low
Balt. & 0.-1 st P. Br.
Host. II. & Erie—1st. .
,
Auoust.
July.
June.
119*4-119
95*4- 88
103
-108
115
-114
11734-114% 116 -114%
11734-117%
119 -118% 123 -119%
120
117
-120
-115
116
-116
108%-107% 10834-108% 109 -107%
117 -117
12534-122%
140
131
-131
101
-101
-137
13734-13734
10134-10134
102
-102
114%-114%
123
120 -120
120% 125 -124
120 -120
11734-117% 120 -120
132%-132 134 -13334 135 -134
116 -115
117%-11C34
....
-
no%-ioo^no%-iio
-106%|L10%-109
114
-114
11734-116
116
-116
12134-119
:17%-117
12534-119
THE CHRONICLE.
36
RAILROAD BONDS.—Continued.
COURSE OF PRICES OF
f
!
7
1st consol
116
-no
11194-107% 111 -108
10394- 90
10876-103
10894-107 10594-105
113%-111% 113%-113% 114 -114
-125
127
128
10494-101% 105)4-10294 106)4-103% 102%- 99% 105%-100% 104%-103% 105%-104
95%- 94% 95%- 90% 96%- 95
-
-
5
7
5th
1st consol, sold
-
....
....
-11994
-115% 122
Buff. N. Y. Sc E.—lst.7 116
117
_
-
106
124
-116
116
-116
119
-
-122)4
124
-120
....
-
N. Y. E. E. Sc W.New 2d consol
93%- 90% 9294- 90
6 90%- 87
120 -120
fd. coup—7
87
84%
81% 88%- 84
2d cons. fd. coup.5, 6 85
70
68%
Income
6
Erie Sc Pittsb.—Consol.7 105%-lOS
90-90
90-90
Frankf. Sc Kok.—lst.. 7
Gal. H. Sc II.—Gold—7
Gal. If. Sc San A.—1st. .6
-106
-
113
119
....
-
-
....
-
-
__
-
....
° -102
105
100
90
-
100
-
90
75
....
95
90
-
-
....
122
-119
127%-124
120%-120
125
-125
123
75
75
-
-
96
....
96
95%
-
_
100V-100
-100
100
106
10994-106%
-118%
-
....
-
96
00
-
07
10394- 93
101101
-109% 112%-111% 10894-10794 109%-108
112
96
102
103
105%-105%
-109% 112 -110%
.
_
-
119
-123
_
96
_
-106% 100%-106% 107
-110% 108
112
-108
130%-125%
...
_
2d Mort
7
Han. &; St. Jo.—Conv. .8 110
112
.
Hous. it Tex. Cent.—
-109%
-106%
111
1st, Main Eine
7 10794-106% 109%-108
1st, Western Div
7 105 -105
106 -106
Waco Sc North. Div..7
2d, con. Main Line...8 113 -110)4 11494-113
98
93
Inc. and indemnity.. .7 (98 - 98
104
104
Ill. C.-Dub.&S.C., 1st 7 ,105 -105
104 -102
107)4-101
108
110
-109% no.
107
-107
-
108%
-!°7
108
105
-105
106
-no
no
94
....
-
-108-94 108
107%-107%
107%-107%
110%-105
115 -114% 1!0%-110
98%- 98)4 98%- 98%
-108
108
110
94
-
113%-112%
-106% 108%-107% 110%-108)4 112%-110
-105
106)4-105% no -108 111%-10994 113 -112
_
__
_
115
-114
....
—
95
95
-
“
....
118
116)4-114% 119 -116
99
9S%
-
-115% 118%-116
116
....
-
....
-115
.....
97
113
-111% 113
-113
123
-123
93%
-
-
.
_
106%-106% 10894-107
105%-104
115 -114
115)4-115)4 116%-116% 117 -113
115 -114
75
73
7294 74%- 72
73% 75
75)4- 73% 75
1st
—3, 4, 5, <> j 75 - 69
60
61
60
629462%60%
6394
64%05%- 64
2d
3, 4, 5, 6 65 - 58
45
53
53
48
60
50
51)4- 51
51
65%- 60
Income
(i (34
100
96
97
100
99%99)4
Ind. Dec.
Sp.—1st
7 102%-101% 103%-102 103%-102%
67
65 r 65
62% 60%- 60%
70
2d
75)14- 7394 74%- 69
7 76
98
102 -100
10194-100% 10196-100% 98%- 97 100
Int. Sc Gt. North.—1st.6
H.&Gt.N.-lst, P.R... 103%- 93% 100%-104
25
41
31%- 30
45
43
3594 31
48-44
2d, purcli. rects
51%- 32
25
36
39
37
33%- 29
49
42
45%- 43
Internat’l—2d,pur.rec. 52-34
104%-103
107%-107%
-no
no
-no
in
-
'
....
__
_
-
-
-
-
-
-
75
-
73%
78
-
74%
78
-
76
-
62
-
61
65
-
62
65
-
64
47%- 47
101%-100
50
-
47
48
-
46
-
-
-
-
-
-
-
67
65
65
-
80 - 78%
79
79%- 74% 80
09
6694 76%- 68
6694- 04
05
69%- 54% 72
549^- 42
103%-101
10494-103% 105%-104
66-65
63%- 60
64%- 64
107 -104%
106 -10394 105%-103
-
-
-
102%-100% 104%-103
—
101%- 99% 103
65
-
-
-102
65
65
-
103%-103
_
-
-
2d income
Jefferson RR.—1st
Eaf. Bl. & Mun,—1 st..
Income
8
7
.6
6
77
77%- 70
-
-
71
-
34-31
85
-
3494
-
34
-
34
33
-
33
71
-
69
75
-
72
93%- 91%
73 %- 61
96%- 94
65%- 57
(>
Income
.6
Lake Sli. Sc Mich. So.—
M. S. Sc N. I.-Skg. fd.?
Clev. Sc Tol.—Ska:. fd.7
7
New
Cl. Pains. Sc Ash
?
Buff, tfc Erie—New... 7
98
72
93
-
69
-
101)4- 98
72%- 69
101%-100
98
9994- 98
98)4- 93)4
no
-no
111
108
-108
118
-118
-110
-
69% - 63
72
65
98
97'
63
63
67
-
57
-
108
-107%
110%-109
111
-no
109%-109
-
-117
....
-
....
....
__
.
118%-118
108%-108% 10294-10294
-
118
-116%
104
-104
-
....
119 -119
115
jll0%-115%
11734-117
....
-
....
119
-
116
-
-109
118
119J4
118
95
100
7
94
-100
....
-
91
99
-
-
120%-120
-
....
-
121
120
-
120
-121
12334
12434-12134 12234- -121
1123)4-123
-
-
85
-
77%- 77
10334-102
-108
12034-119%
122
11034-10934'107
118
....
-115
...
-10434 105J4-104%
1st, ter. trust...,
m-
10634-106
10834-108
-107
126
7 125
.6
110
-111
112
-109% 110 -109%
-110% 111%-111%
-121
-103
123
-123
127
•
-118
-
....
-127%
128
-128
119'
125
-123
120%-120% 123
118% 119 - 119
109%- 109)6 110)4- HO34
-123
119%-117
121
--120
105 .-105
105%- .105
11734
118
-
117
119
■
110
■ -110
112
■
■
-123
12334 127% -127
....125
-116
117
123
....’116 -116
-
124
119
117
122
...Jl03
-123
-
118
-
124
1120
-107
HO
-
110
106
-10934
111
-
111
112
-
120
-120
-
-
|....
-
1107)4- 107)4
111%' 112%- 112
100
-
115
-
108
-108
114%-114%
10134- 101)4 103 - 101)6 105%-102
105%-105
....105)4- 105
96)4- 96
9134 91%' 96 - 95
-no
no
107%-107%
-
■
-
90-90
■
-
-
115
|118%-117
119
-
106% 10734-107
109
-116%: 12134-120
-107% 106 -106
....
-
115
-
104
103
95
108
• 104
•
•
•
•
115
101%
•
95
-
- 107%
-111
....
-
124
-124
........
124
....| 94
-
-123)4; 12S
■
111
110
-
•
•
126%-126
-
9234
58
no
■
-
-no
-10234 104
105
84
-
50
■
37
-
79
-
'
-
106
-10534 104
108
109
-108
127
-126
126%-125% 127 -126
no -10934 no -no
9l%- 8934
91%- 90
12634-125 127 -12634
125 -125
126%-126
112 -110%
113 -112
-
103
-
109
105
105)4-104% 105%10834-108)4
34
-
35%110
46
-
•
-
34
-110
•
■
92
129
-125
-103
112
70 '
107
86
105
95
-103% 107 -103%
91%
-
128%-125%
110
....
-
129
-125
-106% 115
no
-no
107
-104
110
-103%
110
-
82
90
-
-
106
84%
53%
-
•
-
•
-
-106
-
69%
88-84
54-50
41%- 38
•
-
106
-109%
-108
8-1)4- 79%
56 52 - 4534 58 • 51
45 - 41
40 - 35
40% •39
38
44
43%- 41
36)6- 34
116
114
118%•110%
110%-110
-
....
105% 117%- -110% 115
61
74%- 06)4 79
•
-
110
100
99%- 99%
105% -105 106% -105% 107
HI 34 112
112
10234- IO214
132
12734- 126% 130 -127)4 131 - 127
12734- 127 130 -127%|130 - 126% 130
111 * 111 -110%'ll0%- •110)4
111
93%- 88)4! 93 90)4- 88
12434 123)fi 125%-125% 129 •
12434 12414 125%-125%' 12634
11234 -110% 11496-112%'110%-
94
-
108)6-107% 111 -108)4 106 -106
-
-
•
••
121
—
•
•
t
•
-118
-100
-106% 104%- 103% 105
-111% 112%- 112
104%- 104)4
-104)4
132%-130J4 135 - 133 137 -135
-129-% 130% -130
-130
130)4 -129)4 130% 130%, 132%- 132% 135 -135
-112
11294- 11294 113 -110
112
100
93
95
94-% 101 - 99 104%- 99%
9334- 92%
134 -132%
-130
133%- 130
133
-130
130 - 129)4 130
133 -132
132
- 132
130
-12934 130)6 130%
■
-
■
126%
120 .-116%
10834 112)4-109% 112% -110% 115% -111941117)4-116)4
63%- 54
.
58
-112
133
118
-
93
-no
123
■
....
84%
-
-127
-
■ -115
107
121
6
1st, incomes
5-7 i
N. Y. Sc Tex. E. Scrip.
Ohio Central—1st
6
Income
7
91
-
-
-
-
-12334 12634-12534
-124
126%-124)6
Hud. R„ 2d skg. fd ..7 110 -110
110 -10934
Can. So.—1st, gu.3to5 93%- 8934 9334- 90%
Harlem—1st, coup
7 127 -126
12634-126
1st, rear
? x26 -125
12634-12634
N. Y. Elevated—1st
7 11134-110
11334-110
N.Y. Pa .Sc O.—Pr.Iien.6i
reg..
r...
104%-10294 106 -103% 10494-104 105 -104%
73
69
7494- 71
70 -.67
71%- 69
10794-106%
103 -101% 104%-102% 106-94-106
69 - 64% 72 - 67
68-64
69%- 64
124
....'llO -108% no 109%
100
10234- 10034 103)4 102 10094-100 102 80 - 7534
74
74%- 72
76
69
6734}
36
40
4334- 38% 46)4- 41
46 - 40
49%- 45
51 - 39% 50-43
30 • 28
3234- 3134 35 - 32
40-38
3934- 37
39%- 36
30
30)4- 30)4 31%- 30)4 32 - 31%
39 - 3434 30 37%- 36
114 -114
11034- 107%
115 - 114
H4%--114
115 -11234 114%-113
99%- 97% 99%- 99%
Han. Sc C. Mo.—1st..7
Mob. Sc O.—New
10134-100
6 100 - 95% 102 - 99
1st pref. deben
7 7534- 62
77%- 7034 77%- 74
N.Y.C.&H.—1st, cp..7
-
no
12434- 12434 12434- 123)4 12536-
-
Real estate..-
77
102%-10034 I0l%-100% 102J4-10134 10034- 98-% 100%- 99% 103%- 99)4 104 -102)4
•
Central—1883...6
1887
6
37
-
37%- 37)6
88%- 84)4
....
_
1IO34-IIO34!— Equipment
s!
i
Bonds, 1909
6*110 -109%; 110%-110% 107%-107% 108J4- 107% 108%- 10834; 10834-108J4
10234- 99)4 105%-101)4 105%- 103)4 106%- -104% 107)4-102
M. KV& T.—Con. ass’d.7 106%- 9234 10634-10334;10334-100% 103%- 99
62
68
64% 67%- 58
51)4! 60%- 55% 67
6734- 5834 62
2d, income...
6 70
47% 0934- 05
6934- 05
2d pref. deben
7
3d pref. deben
7
4th pref. deben
7
Nash. Ch.& St. E.—lst.7
Nevada Central—1st...6
87
85%- 35%
....
!ll7 -11334 11634 -II0J4 118 117 11834- 11634 117
103?6-103% 104 -10334 10434- 104 34 106 104
95
-
.
...
!120%-119
...JllO
-
62
-
12134-120
6
-118
69
-
12134-12134 121
11834-11834
1116
.
112
109%-109% 111 -11094 -112 111
108%-108% 110 -109 110 -109% 111
105 -105 '10834-105
‘10934-109' 10934-10934,109 -109
99
.6'l02%-10094 103%-101%
Mich. Cent.—Consol ...7 120
8
1st, sink, fund
-103
....
;118%-117
(»
Memp. Sc Chari.—1st..?
65
.
-107
1113 -113
...:[
.7jl05%-105%'110 -103
‘2d
.
_
10294-102
60
-
113%
121 -119
123 -122% 125 -1223412134 -121 123%123 -122
12234 -12234 121%121%-11894 122%-121
11734-11734 119 -11834 11834
116 -114'4 117%-116
Manhattan B. Imp.Co.7
N.Y. Sc Man. II.—lst.7
Marietta Sc Cin.—1st.
Metropolitan El.-lst.
109
-101
32%
~
■
....
115%-115%'
115%-115
9994- 9694 103 - 99% 104
69
68-68
.67-63
107
....
11334-113%
108 • 107 108%12034-11634' 114% 11434 II434115%-113% 120 -115
2d, gold
.'
7 105 -103 105%-104% 106 -104%'10534 .0534 103%11034-108 1110
Cecilian Branch
7 105%-105
112 -112
110 -110
112
Nash. Sc Dec.—1st....? 107 -106,*4
N. O.& Mob. Div., gd.6
‘^<1
68
-
9994- 97)4 101%- 97% 105
53
56
62%- 53% 65
111%-110% 111%-in
....
117
E. Shore— Dividend ..7 119%-118
Con. coup., 1st
7
Con. rear., 1st
7
Con. coup., 2d
7
Con. rear., 2d..
7
Eong Island—1st
7
Eouisv. &; N.—Consol..7
100
73-64
Det. M. Sc Tol.—1st..?
mort
70
65
69
7294- 71
33
..
L. E. Sc West.—1st
1st,
-
....
120)4-120
86%
-
105%-105%
....
-
102%- 95%
97%- 88%'102%- 96
119%-119% 124%-124%
97%-. 91% 98 - 91%
85%- 81% 929^- 81
83 - 74% 83%- 78% 91 - 85
72 - 71
86%- 81%
70
-7
101%-101%
-126
103%-103%
10794-106)4 108%-107% 109 -10894
105%-104% 107 -105% 10794-106%
-123
90
....
86%- 82%
86-71
86)4- 74%
86%- 84
68%- 67
-
....
-127
123
9194- 85%
91%- 87%
_
-125
126
123)£-119
90%- 77%
92%- 81%
9294- 89%
-119
119
-113
t109%
11694-106
111 -10494
115%-115%
96
109%-109% 105%-105
109%-109
107%-100)4
107 -106
106%-100%
109%-109% ni%-ni%
125%-1*3% 12l%-120
11494-11494 119 -115
_
cons.
N.Y
-122% 122
123
-122
123
-
7
7 116%-116%
Eons Dock
-106% no
-123% 125
109
-
7
4tli
-108
109
no
-
127
120%
109 -107
10694-105%
107 -105% 105)4-105)4
105 -104
106 -105% 107
10694 107%-107)4 IO894-10894
108 -106% 108%-107% 105%-105
102%-101% 103%-103 103 -103
104 -10294'104 -103% 104)4-104)4 10194-101
11094-109
112 -112
111%-in
112
111%-in
-111)4
11294-H294
123 -12194
119 -115% 122 -11894 119 -110% 119 -117% 119%-118% 121%-118
-11994
123
106-
5
no
-no
no
7 121%-120
Erie—1st, extended
2d, extended
v
3d
5
109
100
....
Den. So. Pk. Sc P.—1st.7
E. Tenn.Va.&Ga.—1st. 7 104%-104
Gen’l
Dec’ber.
Nov’ber.
October.
High.Low High.Low High.Low Higli.Low High. Low
High.Low High.Low High.Low High.Low High.Low High.Low High.Low
Denv. & Rio Gr.—1st..7 10194- 90
1st
Sept’ber.
August.
July.
June.
MAY.
April.
March.
Febr’ry.
January
BONDS,
[Vol. XXXII.
92)4- 90
57%- 53
89
91
8934
91
53
50
49)4- 45
-
92)4- 89
90
-
88%
92
90
48-44
47
-
45
48
47
93%- 91%
52%- 49%
98%- 93
5894- 51
25
22%
9894 107 -101
58-56
60%- 55
27
-
103
-
20
-
100%- 99% 10294-100%
COURSE OF PRICES OF RAILROAD
r| febh’hy March.
High. Lovrj High. Lov ’High. LovpjHigh. Low
113*4-111*/. 115*4-113)4 J115 -115
112%-110
BONDS.
Mi**.—Skg. I’d ..1
April.
.;
J ANITA m
Ohio &
BONDS—Concluded.
June.
MAY.
115
r
r
115
117
-115
-115
J103
..7
..f]
Cal. & Oregon
State aid
1,0ns
a
f]
•
Pacific of IUo.—1st ..h 10S%-10(‘>%100
-.7 108)4-107% 109
St.L.&S.F.—2d,Cl. A .(i 90 - 87)4 97
Class C
120
113
119
-115
121
-111% 115
-
93
-
-
98
-
-112
83
102
-
9(5%
100
-
-105
103%-103%
105
-105
105
105
-105
104
-104
110*4-107%
105
-105
109
-108
-106
-105
107)4-107%
...
....
-116
Il22
-116
100*4-106* 100%-108%
....
-
106%-103%
-108% 109 -108%,1112 -110
114
-111
_•
105
-105
...
...
.109
_
-
_
106%-10(5
109%-109%
l(Ki)4-105
-104*4
-107%.! 109*4-109
108
-106%
109
-108
90
9SJ4- 96
95
-
93
75
7(5
-
73
77
-
90
89%
73%- 68%
-
108%-108%
95%- 88
75
-
111
108
-109
-106
108%-106%
109%-108%
94*4- 92
109
108)4-107% 108*4-108% 109 -107%
113 -113
115 -114% 117)4-116
96
95
97
97*4
94% 100
8H4- 78% 85% - 79% 89%- 84
82
82%- 78% 87
79%- 76
102 -101)4
104 -102% 104%-104
104 -103% 105 -104
1C6%-105
100)4- 97% 101*4-100% 103)4-101
-107
9
So.Pac. of Ho.—1st (i
So. Pac. of Cal.—1st «
•
.
.
•
•
•
81
-
80
97
-
80
-
.
....
....
•
...
...
....
80-75
......
_
•
70
-
-
-
_
-118
122%-120
...
'i
-
-118
-
-
...
_
122
118
112*4-111* 113)4-111% ! 15 -113% 118 -114
109 -108
105%-104% 107%-105% ■107 -107
106 -106
105*4-105
106%-100% 105%-105
-
-
-115*,
-115*3 117%-117
117 -113
105)4-100% 119%-111 'll6%-110
97% 108 - 99*3 [107 -104)4 107%-106% 109 -106*4
105
1
...
-109,) 109)4-109
Dec’ber.
92
106
-
Nov’ber
95%
78%
75 - 09%
69*4- 08
74
78%- 77
67 - 67
75 - 75
76
72
(58% 77 %- 73% 79%- 78
74 - 09%
08)4- 05
101 -100
100)4-100*4 101*4-100)4 102%-102
104%-101% 164*4-103% 105 -103% 103)4-103% 104 -103% 104*4-103%
103*4-100 103 -102., 103%-101
97*4- 97% 97%- 97% 100%- 98)4 100)4- 99)4
97)4- 97% 97)4- 9(5
100)4-100
“
106 -106
108 -108
103%-103
105 -105
99 - 96% 102 -100
93 - 90
92)492%
96
’9(5
92
92
90%
90%89 - 89
99)4- 97
69
65
75%- 67% 75 - 70%
67
56
70*4- 67
69
56
77 - 67% 69%- 65
63%- 57
80 - 74
90 - 09
85 - 80
82%- 80% 92%- 82
95%- «1%
80
80
113 -112% 114)4-112*4 ll5%j-114
112*4-112
113%-lll% 113*4-111)4 113%-112)4 115*4-113*4 113*4-112
110*^-108)4 112)4-110
111%-110% 113)4-111% 114 -113 116 -114*4 11G%-115% 114 -113 114 -113%
110 -112% 114 -111)4 113%-113% ,111*4-110
119)4-116*4 120 -118%
116)4-115
116 -114% 117 -115% 118 -115% 119)4-117*4 120 -119
120 -114% 119*4-118% 116H-115
118%-118
I
119)4-119)4
115%-115%
105)4-105)4 105%-105% 107 -107
104*4-104% 105 -105
104%-102 lr5 -105
3-fi
3-ti
Class B
-116
-105
1
‘2d
-115% 117
117
...
-113% 112*4-111*, 112*4-112
-10314 10S%-107% [ 110
|
1....
-
116
-
—
115
....
October
Sept’ber
117%-115%
10(5
-104% 105%-105%: 105%-105)41104%-l 02%
.
...
-112%
113
‘105
..a
Land grant
Western Pacific... ..a i 10S
iuissonn t no.
104*4-104%
-100 j1105*4-105
...
-
105%-105)4ll04 -102% 104)4-103%
105*4-104)4 104%-103% 105 -104%
113*4-110*, 113%-111% 113)4-112
Brcli ..<j 1104 -101*:( 100)4-104
San Jon quin
-
—
...
"1
J) 109%-108>4
Pacific—Gold
-
|
I
Pacific Railroads—
r
J112J<j“10(J
-113%!....
August.
July.
High. Low High. Lowj High. Low High. Low High. Low High. Low High. Low High. Low
116)4-114% 117 -115
..1rill -111 [113*4-112
Consol
(110
-lo7% 111)4-108%
(114)4-111*4
(121
-116)
..7
j 118 -112*4
‘id consol
77
81*4- 70%
75% >80-80
84%- 77
81 - (59
85 - 80
1st. Snriugf. l>iv— ..1
94
91% 100*4- 92
95 - 91* i 94)4- 92)A 93%- 92%
A
i
92
%89*,
Oregon K.A Nav.-lst.(i
Cent.
37
THE CHRONICLE
1881. J
January 8,
-
-
_
_
li
_
-
-
-
«
Consol
...
-
Land grant, reg... ..7
it
<»
Union Pacific—1st...
.7
Land Grant
Sinking fund
-
-
-
_
_
-
_
00%- 99
77*4- 71)4
100
93%
-114*4
114 -113%
122)4-119*4
-
_
_
-
118
_
_
s
.0
Inn
Kansas Pacific—
117
-in
Coup, ctfs., J.A D O 110*4-111% 117*4-110% [ 117
11S
-117
117
-115%
-118
118*4-118
117)4-110*4
-116
-
116
-113% 118
118
_
105
7
*
-100
88
-
?2% !
Den. D.,as. cp. ctfs.6 108%-102
Den. I)iv„ ex cp. .6
-
1st consol
85
-
| 80%- 80
82
78
-
90
78
-
•
.Id
119
m.
•
_
120
....
-
137%-136%
137
-137
127
130
-129
119
-119
85
...
114
105
-
-
-125
i/ urs*
41
108
C.C.ifc I.C.—1st, cons.7
96
128
-122)4 125
-118% 121
1 181/
1 IS
130
-127)4
-123
126, -125
-119%
119% 118
-
84)4
-
52
130*4-130)4
126
-125
119
-117)4
....
-
120
-118
....
88
131
-130% 135%-131
126*4-126)4 125)4-125%
!
-
129
-120
120
-129
-127
-
_
-
130%-130
140
-140
130
-130
-
.
-1101/ 12114-11QU
-
120
-119
81 %-
81%
/
88%- 86
90%- 89%
^
99%- 98
95%- 93
52
no
-104
109
•
95%- 8-4)4
96*4- 83%
40%- 45
50
32)4
1st, trust ctfs., nssd
1st, supplementary..
Income
.7
Peo. Dec. A Ev.—1st.. .«
-
Income
89*4- SO
89%- 80
88
94%- 88
81%- 80*4
83
-
81
-
78
88%- 82
89
80%
Sl%- 78
80
-
86%'- 80%
89
84%
-
-
86
95
-
90
91 %-
86
96
-
90%
90
44
41%
93)4- 92
-
-
-
39
97*4- 93
35
-
29
97
96
-
95>
101
-
9(5
101
54
-
50
03
-
51
62
-
96
58%- 55%
57%- 51
52
39)4- 35
42
-
31%
41)4- 36
45
-100
101
60
63
-
47
39% 48%- 41%
-100
101%-100
-
-
61
63
-
104
103
94
.7
„
-
59%
-111
-101
-
90
....
112
-112
...
-
101*4-100% 101)4-101)4
94
-
93
90
113
-112
65%- 54
113)4-113%
105
-105
105
68%- 63%
72%- 6S
74*4- 67
90
94
-120
116
-
-
93
93
-104
-
65
115
-115
104
-102
107
92
93
56
66%- 65
111*4-111%
-
-
89%
64
-
61%
68
....
-
114
-107
106
-106
106
95-90
96
95
-
-
62
-112%
-104
-
—
60
44%
-101
99
-
-105
-
-104
-116
-
73)4
(58
-
68
70
-
66
79
-
73
81 %-
75
-114%
-
98
-
-114*4 118 -117%
98% 103*4-100%
104%-104% 105 -103% 102%-102 106 -104
Arkansas Branch... .7 104)4- 99)4 106%-104% 105 -104
110 -107%
Cairo & Ful.—1st.... .7 108 -101
106%-105% 107)4-106*4 107)4-107 107*4-104% 110 -107
99
105*4-102
Cairo Ark. & Tex... .7 102)4- 97)4 102 -101% 102 -101% 101)4-100% 101%-100*4 102
89
83 - 75
82%
84%- 76% 87
90% 95
1st pref. inc. int. ac. 7 90 - 80
90)4- 88% 96
74
65% 76
67% 80%- 74
2d pref. inc. int. ac... 0 74 - 68% 85%- 68)4 87 - 80*4 83-72
118
101
-
-
-
-
•
-
-
St. L. Vand. A:T. II.-
1st,
7
guar
113
-109
100
-
118
-117
115
-115
-115
119• -118
-
-
-
-
115%-115%
-113
'
97)4
120
-
-
-120
_
1021/-109.
*”j 110*4-110)4
-100% 109*4-107
90*4-
2d
South Side (L. I.)—1st.7
96)4j
109 -109
-107
105)4-104
112%-110% 107%-107% 109%-109%
98
96*4- 95*4
-
98
109
_
110
-109% 111
102
-102
101
-109
_
-109% 112
-112
101
-100
104
-104
-100%
_
96*4- 95%
130*4^129*4 131
-126% 129 -128%
-123
130
-126
131
-130
131
-.130
129)4-128
Pureh.C. R.. 1
-123
130
-125
130)4-130
130
-127
128
W. IL 125
-131
!33%-132%
_
_
135
-134% 135
130
-130
141
-135
....
-136% 140
1st prf. inc. for 2d...
W.St.L.& Pac.—G. M. (j
■j
Chicago Division
04%- 64 *<4
7
Wabash—1879
Tol. & W.—1st, ext.. 7
100
97%
97%- 91
112 -111*4 109 -107)*
108 -105
107*4-104*4
105 -103
103%-100
40
40
40*4- 40
101)4- 97 101)4- 99
112 -110*4 108 -108
103
99% 104*4-102%
103)4-102)4 106 -104)4
St. Louis Div
7
7
-
Great Western—1st. 7
2d
7
Tol.—1st..
Ill. & So. la.—1st
Wnb. Funded Int.—
III. A So. Ia.—1
st..
Dec. & E. St. L
-
7
7! 100
7
ii
-
|
-100
100
-100
100
-
no
-108
98)4
106)4-105
105
45
-104
-
94%- '94%
95)4- 95
109
-109
111
93%- 92% '99
-1<9
112
-112
106)4-105% 106)4-100
104)4-103)4 101%- 95
108
-102
108
102)4- 00
104
-
96
-
99^- 99
110*4-110%
Quincy & Toledo..ITol. & Wall.—2d 5-6
Wab.A W.—2d....1 9
-
40
-
39%
104
09% 104 -103
99%- 95
101%- 90*4 99%- 93
108%'-108*4
108*4-107*4 L10 -106% 110 -109)4 111)4-111
104 -102
105*4-103%
105 -103%! 105 -104
101%- 96% 102%- 97
106 -106
106 -106
107%-107%
100*4-100
101 -100%
-
-107
.
_
.
93
86
-
93
90
-
83
_
102
-
95% 106**-103% 107*4-10?
111
-now
85
Cons, convert
<84%- 80%
St.L.K.C.&N.—R.Es.7
Omaha Div
-
85
No. Missouri—1st... 7
West. Uu. Tel.—Coup. 7
7
Registered......
88
_
88
-
85
88
-
88
89
-
85
86
-
80
87
-
92%- 92%
86%.
-108%
108
-106
107
-
87
-
107
no
-100
110
_
-107
__
80-80
87*4- 87%
...
-
no -107
107 -106
L10)4-110
L12 -111
-109% 108*4-108% 112 -no
106 -106
107%-107% L08%-108
10C%-105
-105
110 -109
U3%-iii
107 -103*4 107%-107
108)4-107% 105 -105
95*4- 94
115 -112
115)4-114% 116)4-115% 116)4-116
120 -115)4 118)4-116
115 -115
115 -115
L17 -117
115%-115%
109
7 107*4-106*4 112
St.Char’s Bridge.7-8
Clarinda Branch... 9
83
-105
39
-
39
35
....
-
....
-113
-117
L14%-314*4
L14%-113
L18)4-117
L16
...
-116
-
....
L18%-118
117*4-117%
-
35
-100
100
-100
100
90
97
-
95
95
-
95
-
-
....
...
-
....
-no
.
-100
112)4-109
»• 108%-106*4
108
-108
-
‘98
-
98
-
98
-
95
-
...
111
“
108*4-108
_
96*4- 06*4
96*4- 96*4
95
95
90*4- 96*4
97 r 96
96%- 91
92%- 90
L10
L10
-109%
-107%
L07%-107
L12 -112
111%-no
[00%-105
HO -108% 107%-105
[18%-113%
-112
-
95
_
112
-
100
93
115
-114
L00%-102)4 110)4-105
103%-100
112%-112
L08%-103% 109)4-109
105*4-103% 109 -104% 109 -105
103 -108
L07%-107
:
L 16%-115% L19
114
-
1
92
90
97%- 95
99%- 97
_
Gt. Western— 2d...i- 9
5-(i
-
96
no -no
li
.
98
98
108 -104% 109%-108
106 -105
104%-104
110 -104% 103%-106
-102% 105)4-104% 105 -103%!
_
86
142%-142)^
_
-
-307
40
101)4- 99
108
92%
98
|
-
...J
-139%
-
61
_
7
2d, extended
Equipment
-
-
94
_
_
65
-
_
1
Purch.C. It., 1st, E. I). 125
114)4-111*4
101)4-100)4
*
_
100%-100%!
101)4-101% 101)4-101%
Texas & St. L.—1st... •6
Tol. Peo. &■ W.—
st.
107
’
Snrimr V.Wntor W’L t li
....
109
H7%-116*4
117%-117
no -103
106*4-103% 100%-104% 109 -105% 106%-103%
108
108)4-105
-105%
110%-108%
106%-105% 105%-104%
108%-100% 110 -108)4 112*4-110% 115 -111)4
108%-108
105 -103% 107*4-104% 109 -107% 107*4-103)4
106 -106
90-87
92
88% 92*4- 86
89%- 86
8^*4- 86
77*4- 72% 77*4- 71
85
79% 85*4- 80% 77 - 75
117
7
2d, guar
7
St. P. 3Iin. A M.—1st. .7 107
Quincy
-
_
2d
*
97%
_
■
■
_
....
__
•
-105
76
_
115*4-113 113)4-113)4 114 -113
St. L. & Iron 31.—1st. 7 116*4-115)4 115%-113
103 - 97)4 104%-102)4 103*4-102% 103)4-102)4 100%- 97
2d
-
107
72%
-
120
s
t
60-54
-
....
95
-
....
45
74
115
-
108
-
105
73%- 62
68 - 67%
75*4- 62%
62
_
(j
Income, Ev. Div..
R. Wat. & Og.—Cons. .7 71
St. L. A. &- T. II.—1st. .7 111
-
_
49
•
104)4- 95% 106%-105
96%- 94*4 105*4- 94% 107*4-102)4
....
-
60
-
-
-107
—
...
_
_
_
94
.
112%-112% 113 -113
_
_
2d
-
_
119*4-118%
108)4-108)4! 109*4-109 U 112 -111)4
89
82% 82%- 80)4 80%- 79)4
l-AO
-108
94 %-
-128*4 130*4-130
_
2d pref.
2d income
-140
100
-
....
-
140
91%- 01% 102 -100
-109% 114 -110% 114)4-113
-102
103*4-102% 106%-104&
96
102%- 96*4 105)4- 99
85
no -109
111%-109%
-107% 109%-108% 10S)4-107 104*4-102% 106 -103 109 -105*4
102*4-102
101*4-100%
99*4
100
100%97
97%95%
101%- 9(5*4 100%-100%
98
95% 97*4- 95%
95
90
97
94
97
95
93)4- 88
97%- 96% 97)4- 95
-
-121% 122%-122
126
-
_
83
_
_
-120
-
Pitts. Ft. W.&C.-1 st.? 120
2d
7 123
^
-120
-117% 118)4-118
_
Pennsylvania KR.—
4tli
120
110
-
.0
-310% 119
-118
^
107%-105)4
-
90
19)4-118%
L20
-120
17%-U7%
98-95
-
98
•
,,,
•
98
-
96
96
-
96
•
—
07
-
•
96
L13
-.112
L20
-118
L 04%-103
L02M- 95%
L23
-121
L19
-117)4119 -115
...
-
*
•m
•
••
“*
••••
....j 116)4-116)4
'■■■*
'
THE CHRONICLE.
38
DEC., 1880.
The following is the official statement of the public debt as it
appears from the books and Treasurer’s returns at the close of
on
the last day of December, 18S0:
DEBT.
INTEREST-BEARING
S-e
Character
Author-
When
Of 188UC.
izirnj Act.
Payable.
A mount
6s,Or.War.. Mar. 2,’61 July 1, ’81 J.&J.
6s of 1881.. July 17,’01 June30, ’81 J.&J.
6s of 1881.. Mar. 3,’63 June30, ’81 J.&J.
5s of 1881.. July 14,’70 May
1, ’81 Q.--F.
4*28 of 1891 July 14,’70 Sept.
4s of 1907.. July 14,’70 July
Outstanding.
Coupon.
$108,831,150
$710,550
35,508,750
11,259,500
155,902,150
74,218,600
203,256,850
45,956,600
313,748,960
175,781,400
535,163,550
Q.-J.
$1,179,481,600 $480,856,400
$92 7,400
14,06►0,000
48, ref. ctfs. Feb. 26,’79
3s,navyp.fd [July 23/68
accrued interest to
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
There is a total of over-due debt yet outstanding, which has never
been presented for payment, of $11,484,395 principal and $856,885
interest, Of this interest, $609,747 is on the principal of called bonds,
which priucipal is as follows: 5-20s of 1862, $378,750; do 1864,
$66,050; do 1865, $79,050; consols* of 1865, $514,950; do 1867,
$1,732,800; do 1868, $557,300; 10-40s of 1864, $1,277,250; 3’s certs.,
$5,000.
DEBT BEARING NO INTEREST.
Character of
Ammoit.
Authorizing Act.
Issue.
$60,745
July 17, ’61; Feb. 12, ’62
Legal-tender notes— Feb. 25, ’62; July 11, ’62 ; Mar. 3,’63
Certificates of deposit June 8, ’72
March 3, ’63
Gold certificates
Sijver certificates.... February 26, ’78
July 17, ’62: Mar. 3, ) <cie; mq ani
Fractional currency
’63; June 30, ’64 5
Less amt. esfd lost or destr’yed, act J’e 21,’79
8,375,934
Old demand notes
....
346,681,016
7,005,000
6,658,880
45,582,130
|
7,147,530
$413,135,301
Aggregate of debt bearing no interest
7.927
Unclaimed Pacific Railroad interest
RECA PITULATION.
Amount
Interest-bearing debt—
Bonds at 6 per cent
469.651,050
250,000,000
738,420,400
927,400
14,000,000
Refunding certificates
Navy pension fund
346,741,761
7,005,000
Certificates of deposit
Gold and silver certificates
Fractional currency
52,211,010
7,147,530
Unclaimed Pacific
Railroad interest
f
$21,596,379
$2,121,481,475
222,299,739
Total cash in Treasurv
$1,899,181,735
Debt, less cash In Treasury, Jan. 1, 188 1
Debt, lees cash in Treasury, Dec. 1, 188<J
1,904,831,166
$5,699,430
-Decrease of debt during the past morith
Decrease of debt since June 30, 1880
Current Liabilities—
42,990,559
$2,208,833
Intercut due and unnaid
Debt
on
11,484,395
856,885
52,241,010
7,005,000
148,503,615
which interest has ceased.
Interest thereon
Gold and silver certificates
U. 8. notes held for redemption of certificates of deposit.
Cash balance available Jan. 1,1881
$222,299,739
Total
Available assets—
m the Treasury
$222,299,739
Cash
BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIES.
Interest
Amount
of
paid
outstanding.
by U. S.
$25,885,120
$18,793,233
6,303,000
27,236,512
1,600,000
1,970,560
1,628,320
4,994,793
20,055,278
1,261,808
1,313,518
1,171,199
Interest
repaid by
transportat'n
Balance
of
paid
by U. S.
interest
%
Central Pacific
Kansas Pacific
Union Pacific....
Central Br., U. P.
Western Pacific..
..
..
fcionx City & Pac.
Total.
$64,623,512 $47,589,861
$3,358,026 $14,786,934
2,492,068
2,502,724
7,992,936
74,967
9,367
114,424
12,062,341
1,179,913
1,304,181
1,056,775
$14,052,447 $32,882,214
The pacific Railroad bonds are all issued under the acts of July 1,
1862, and July 2, 1864; they are registered bonds in the denominations
ot $1,000, $5,000 and $10,000; bear 6 per cent interest in currency
payable January 1, and July 1 aud mature 30 years from their date.
UNITED STATES TREASURY STATEMENT.
The following statement, from the office of
Gold coin
Gold bullion.
Standard silver dollars..
Fractional silver coin
Silver bullion
Gold certificates
Silver certificates
United States notes
National bank notes
National bank gold notes
Fractional currency
2, 1S81.
$61,481,244
95,260,851
48,190,518
24,769,057
6,183,224
130,500
9,454,419
15,741,818
4,119.998
-.
122,830
53,665
12,901,607
Deposits held by national bank depositaries
Nickel and minor coin
New York and San Francisco exchange
One and two-year notes, &c
Redeemed certificates of deposit, June
850,850
2,128,000
535
25,000
8,1872
3,216,559
4,061,389
Quarterly interest checks and coin coupons paid
Registered and unclaimed interest paid
63,405
U. S. bonds and interest
Interest on District of Columbia bonds
14,853
208,436
Speaker’s certificates
$288,983,768
Cable*
Sat.
Jan.
1.
the Treasurer, for
515(3
\
;
d.
Consols for money
Consols for account....
Fr’cli rentes (in Paris)fr.
U. S. 5s of 1881
U. S. 4*23 of 1891
U. S. 4s of 1907
Erie, common stock
Illinois Central
Mon.
Jan.
3.
9813ie
981316
*
84*90
104*2
115 *2
11638
53^4
W
Pliiladelpkia& Reading.
Fri.
Jan.
7.
51%
93Uig
98Hi6
51*2
51*2
51*4
98ul6
981516
981316
98i°i6
9311k,
81*9712
10412
115*4
116*4
84*95
85*05
104*2
115*4
116*4
104*2
115%
116*4
50*«
130*4
68*2
29*4
156*2
51
50*2
63
69*2
27 7s
159*2
New York Central
Thur8.
Jan.
6.
130*2
131
J
J
Pennsylvania
Wed.
Jan.
5.
Tues.
Jan.
4.
28*6
155
•
.
•
-
6S34
293a
157
98*3j6
....
104*2
115*4
116*4
50%
130
-
6838
29*y
157
Liverpool Breadstuff's and Provisions Markets.—
Sat.
Flour (ex. State). 100
Wheat, No. 1, wh.
Spring, No. 2...
Winter, West.,n.
Cal. white
lb.
“
“
“
“
Corn,mixed,West.
“
Pork, West. mes8..$bl)l.
Bacon, long clear, cwt..
Beef, pr. mess,new,$tc.
Lard, prime
d.
s.
West. $cwt.
1
J
j
>5
C5
o
K
:
J
Mon.
8.
d.
12 6
9 7
9 7
9 9
9 6
5 5
61 0
37 0
75 0
46 6
65 0
Liverpool Cottm Market.—See
Tucs.
8.
d.
12 6
9 7
9 7
9 9
9 8
5 4
61 0
37 0
75 0
46 9
66 0
Wed.
8.
d.
12
9
9
9
9
5
61
37
75
46
66
6
7
7
9
8
4
0
0
0
6
0
Thurs.
8.
d.
12 6
9 7
9 7
9 9
9 8
5 4
61 0
37 0
75 0
46 6
66 0
Fid.
d.
12 6
9
7
9 7
9 8
9 8
5 5
62 0
37 0
74 6
46 9
66 0
s.
special report on cotton.
©tfmmercial autlHUsccUauc0Xis Hews.
National Banks Organized.—The
banks were organized this week :
following-named national
Drovers’ & Mechanics’ National Bank of Baltimore,
Authorized capital, $202,600; paid-in capital, $202,600. Jacob Eliinger, President; J. D. Wheeler, Jr.. Cashier.
National Bank of Kenton, O. Authorized eapilal, $50,000;
paid-in capital, $50,000. Joseph Paulucci, President; Henry W.
Maryland.
Grainlich, Cashier.
Imports and Exports fob the
Week.—The imports of last
week, compared with those of the preceding week, show
decrease in both dry goods and general merchandise.
The total imports were $5,016,291, against $8,082,888 the pre¬
a
It is based upon the actual ceding week and $7,408,385 two weeks previous. The exports
depositaries and superintend¬ for the week ended Jan. 4 amounted to $7,648,993, against
$7,938,224 last week and $6,632,474 two weeks previous. The
offices:
-
January, was issued this week.
returns from Assistant Treasurers;
ents of mints and assay
2.4590—TFhierst
$238,983,768
Cheese. Am. choice “
INTEREST PAYABLE BY THE UNITED STATES.
Character
Issue.
690,848 30
„.
ASSETS, JANUARY
;
7.927
i $2,099,835,096
Total
Total debt, principal and interest, to date, including
interest due not presented for payment
.$222,990,587 28
$222,299,730
Silver, per oz
$413,135,301
Total debt bearing no interest
Total Treasurer’s general account.
Less unavailable funds
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary: '
Louden Money and Stock Market.—The bullion in the Bank
$20,731,566 of
England increased £30,500 during the week.
During the
856,885
same time, the specie in the Bank of France decreased 7,520,000
francs in gold and 7,918,000 francs in silver.
Total interest-bearing debt
$1,675,265,400
Debt on ichichint.has ceas'd since mat'ritij
11,484,395
Debt bearing no interest—
Old demand and legal-tender notes
7.008,000
EngllNh Market Reports—Per
$202,266,550
Bonds at 5 per cent
Bonds at 4*2 per cent
Bonds at 4 per cent
6,293,871
pLcmelartjf (gommevcial English Hems
Interest.
Outstanding.
423,990
473,723
133,786,356
Balance, including bullion fund
$2,208,833 interest
54,436
30,976
Interest account
Interest
account, Pacific Railroads aud L. & P. Canal
Co
Treasurer U. 8., agent for paying interest oil D. C. bonds
Treasurer’s transfer checks aud drafts outstanding
Treasurer’s general account—
Interest duo and unpaid
$17,616,940
Matured bonds and interest
6,308,163
Called bonda-aud interest
5,221,291
Old debt
811,825
Gold certificates
6,658,880
Silver certificates
45,582,130
Certificates of deposit
$1,675,265,400
Aggregate of interest-bearing debt
On the above issues of bonds there is a total of
over-due and not yet called tor. The total current
date is $18,522,733.
15,348,997
448,185
3,023
.
redemption of national bank gold notes
Currency and minor-coin redemption account
Fractional silver-coin redemption account
Registered.
1,’91 Q-M.
1,190^
$2,354,195
account
19,834,984
Disbursing officers’ balances
Fund for redemption of notes of national banks “failed,” “ in
20,352,614
liquidation,” and “reducing circulation”
Undistributed assets of failed national banks
565,022
Five per cent fund
for redemption of national bank
Post-office Department
notes
Fund for
r-
2, 1881.
LIABILITIES, JANUARY
THE DEBT STATEMENT FOR
business
[VOL. XXXIL
January 8,
THE CHRONICLE.
1881.]
39
—Attention is called to the card of Messrs. Groesbeck &
following are the imports at New York for the week ending
(for dry goods) Dec. 30 and for the week ending (for general
Schley, brokers, this city.
merchandise) Dec. 31:
New York Stock
44
The firm is well known in tW
Street,” and the members of the firm
are
both members of the*
Exchange, and, being young and enterprisingFOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
men, customers will, no aoubt, be promptly and well served.
1880.
1877.
1878.
1879.
Dry Goods
$1,381,488 $1,573,010
$1,385,809
$1,27G,819
—Messrs. Henry & Gilder, of this city, whose card will bt>
General mdse...
2,991,013
3,443,231 found in our advertising columns, inform us that
3,591,924
6,481,501
they have on
Total week ’.....
$4,977,793 ~$4,267,832
$7,8G2,9S9 $5,016,291 hand a choice lot of investment securities which it will repay
investors to examine for themselves and purchase before theyTotal for year...$316.196,630 $286,880,144 $340,992,692 $478,916,125
In our report of the dry goods trade will be found the imports are sold out.
of dry goods for one week later.
—Dividend No. 63 is announced by the Ontario Silver Mining:
The following is a statement of the exports (exclusive of Company, making a total disbursement thus far of $3,150,GOO<
specie) from the port of New York to foreign ports for the by that company.
week ending January 4:
—Attention is called to the statements of the Metropolitan
EXPORTS FROM NEW YORK FOR THE WEEK.
1881.
Bank, American Exchange Bank, Continental Bank and the
1879.
1880.
For the week....
Prev. reported..
$6,477,544
$4,429,575
$5,906,669
$7,648,993
Bank of the State of New York, in our advertising columns.
These statements show an active business and increase in
Total s’ce Jan. 1.
$6,477,544
$4,429,575
$5,906,669
$7,048,993
resources.
1878.
EXPORTS AND IMPORTS
The following
at the port
OF SPECIE AT NEW YORK.
table shows the exports and imports of specie
of New York for the week
Imports at New York.
Exports from New York.
Great Britain
Oold.
Silver.
$
$666,125
$1,473,104
Germany
West Indies
tixtl
V
404
77,494
18,643
10,000
7,054
2,839
$2,615,239
$22,172
CApwl to
'PAl/jVVV
$676,125
If Cl V iXlUvliV/Rli Oil T v*
\J\JX u.
u iim
Of the imports $76,038 were Amer¬
ican gold coin and $19,025 American silver coin.
The movement from January 1 to Dec. 31 in 1880 includes the
export of $2,237,623 gold and $7,108,501 silver, and the import
of $69,534,241 gold and $5,656,836 silver. The totals at New
York in 1880 and for several previous years
Imports.
Exports.
Year.
$9,346,124 $75,191,077 1875
14,454,343 81,176,764 1874
12,400,834 19,170,095 1873
26,226,848 15,142,553 1872
43,646,438 25,737,562 1871
1880
1879
1878
1877
1876
'
dissolved
name
have been as follows:
Imports.
Exports.
$69,097,437 $12,879,116
6,264,464
62,458,440
49,303,185 18,779,929
71,545,275
5,547,311
63,865,517
8,618,290
the present stockholders in proportion to the amount of
stock they now hold. The amount thus realized will be applied
to the liquidation of the floating debt of the corporation.
Louisville & Nashville—Nashville Chattanooga & SL
Louis.—At Nashville, Jan. 6, the case of the minority of the
stockholders of the Nashville Chattanooga & St. Louis Railway
against the Louisville & Nashville was abruptly terminated,
and Judge Baxter stated that further argument was unneces¬
sary, as the court had concluded, after hearing the complain¬
ant’s counsel, to disallow the motion for the appointment of a
Receiver to take charge of the Nashville Chattanooga & St.
Louis Railroad.
—In the Chronicle of this date will be found
a
most elabor¬
showing the fluctuation of all railroad bonds at the
Stock Exchange during the year 1880. In the preparation of
this table the publishers desire to acknowledge the assistance
of Messrs. Hewitt & Ryerson, stock and bond brokers, at 34
"Wall Street. This firm is represented in the Stock Exchange,
and has had a long experience in buying and selling investment
securities and possesses a thorough knowledge of the various
issues. If any of the readers of the Chronicle desire the ser¬
vices of brokers in buying railroad and other securities, it is
suggested that they will do well to give Messrs. Hewitt & Ryer¬
call.
g
having been dissolved by
partnership has been formed between William
B. Hatch and J. Hugh Peters, for the transaction of a banking
business, at No. 25 Pine Street, under the firm name of Hatch
& Peters. They buy and sell on commissiou for cash, or on
margin, all securities dealt in at the New York Stock Exchange,
and all reputable securities bought and sold in the -open
market. Mr. Hatch, the senior member of this firm, is well
known in New York business circles. Mr. J. Hugh Peters,
who has just been admitted to membership in the Stock Ex¬
change, is-a gentleman of long business experience in New
York,, and brings to the new firm a reputation for integrity and
ability, as also the weight of a large circle of influential friends,
among whom is his near relative, Mr. Wm. A. Booth, President
—The firm of Wm. B. Hatch & Co.
mutual consent,
a
af the Third National Bank.
—Attention is called to the card of Messrs. Collins, Bouden &
Jenkins in another column. This firm, just organized, has as
its senior member Mr. Sheldon Collins, a merchant of over
thirty
years’ standing, who has large
ence in this
means as well as experi¬
line, having been a director in the Chatham Bank.
Mr. Thomas M. Bouden and Mr. Frank Jenkins, the other
members of the firm, are also gentlemen of experience and
energy, both having been membeis of the late firm of William
B. Hatch & Co., ana Mr. Bouden beiDg also an old member of
the. New York Stock Exchange.
The firm will purchase and
sell on commission all classes of stocks and bonds, deal in com¬
mercial paper and receive deposits-subject to check at sight.
WM.
B.
mutual consent,
William
a
HATCH
partnership
CO, having been
has
this day
been
Hugh Feters, for ilie
and J.
B. Hatch
Sc
Banking business, at No. 25 Fine Street, under the flro
a
of Hatch & Peters.
dealt in at the
Commission for Cash,
York Stock
New
or on
margin, all Securities
Exchange, Government, State anti
Municipal Bonds, and Railroad Stocks'and Bonds, and all reputable/
Securities bought and sold in the open market.
We give
•
personal attention to the permanent or temporary
our
investment
funds,
of
negotiate loans, receive accounts of Baakst
Bankers, Merchants and others, allow interest on deposits,
draft at sight, and transact all
subject to.
business which pertains to a Banking;
House.
Wm. B. Hatch,
HATCH & PETER31
Late of Wm. B. Hatch & Co.
J. Hugh Peters,
Member N. Y. Stock
Exchange.
OFFICE OF
among
son a
by
formed between
Boston & Lowell.—The annual meeting of stockholders was
held this week. A resolution was adopted authorizing the issue
of $620,000 of new stock, the same to be apportioned at par
ate table
OF
FIRM
transaction of
$100 American gold coin.
Year.
THE
We buy and sell on
100
dUvY
$
639,462
413,125
236
'100
Total
vl
Silver.
Gold.
France
Mexico
South America
All other countries..
BANKING AND FINANCIAL.
ending December 31.
FISH Sc
HATCH,
No. 5 Nassau Street, New York, Jan. 7,
1881.
ELIZABETHTOWN LEXINGTON Sc BIG SANDY RAIL*
ROAD FIRST MORTGAGE BONDS.
Lexington & Big'Sandy Railroad is the connecting
Chesapeake & Ohio Railway and the West and South¬
The Elizabethtown
link between the
west,
Occupying this commanding position, it is assured of a large anil
completion. The great business
centering at Louisville will embrace tbis short outlet to tlio sea; white
the cotton of the Southwest, the tobacco, hemp and live stock product*
of the rich blue grass regions of Kentucky, will find by this routo thou?
lucrative business from the date of its
natural outlet to the markets of the East.
Lexington, Ky., the E. L. 6c B. S. R. R. will conneot with the Cin¬
to Cincinnati and south to
the cotton fields of Tennessee and Mississippi; while the far West and:
Southwest to the Pacific coast will, in time, contribute to the traflio of
the Chesapeake & Ohio route to the sea, in which this is an important
At
cinnati Southern and Kentucky Central, north
link.
This road will be completed by June next, the necessary means for it*
completion being already provided.
The bonds are of the denomination of $1,000 each, secured by a
strictly first mortgage on the entire property of the company; prinoipat
and interest payable in this city in gold coin; interest at the rate of six
per cent per annum, payable March and September; principal dno
March 1, 1902.
We
97
now
.
have in
*
-
our
hands
a
-
'
limited, amount of the bonds for sale sc.
and accrued interest.
authorized is $3,500,000, only $2,500»(KKA
appropriated for construction and first equipment.
The Chesapsake & Ohio Railway route is rapidly growing in power
and importance, and within a few months will take its place as one of
the great East and West trunk lines.
First mortgage bonds of the old roads are almost out of the market* ©care selling at so high prices that investors are looking to the best of thn
new issues to supply their wants.
Within six months the United State*
Fives and Sixes will be called in by the Government, thus adding to ttie
inquiry for good railroad securities: The new Government loan will not
pay more than 3 per cent; and we expect to see it eagerly taken up at
that; while a constantly-increasing accumulation of capital wilt tm
seeking the better classes of investments, from which a larger inoom*'
can be derived than the Government need pay.
Maps showing the Chesapeake & Ohio and Big Sandy route,.and any
further information desired, will be furnished on application.
The total amount of bonds
of which are
FISK & HATCH.
to time, short statements simi¬
bonds and other securities WitSi
are familiar.
' ; ;v
, .
Note.--We propose to issue, from time
lar to the above, in reference to railroad
the character and merits of which we
.
IHE CHRONICLE.
40
The
ffihc jgaulicrs’ (layette.
©
(VOL. XXXII
closing prices at the New York Board have been
.
Interest
Periods.
IVIDENDS.
Jan.
3.
Jan.
1.
Jan.
4.-
Jan.
5.
as
follows:
Jan.
6.
Jan.
7.
The following dividends have recently been announced:
Name
of Company.
Railroad*.
Atchison Top. & Santa Fe (quar.)
Camden it Burlington County
Central Pacific
East Pennsylvania
Little Schuylkill Nav.
Per
When
Books Closed.
Cent.
Payable.
(Days inclusive.)
2
3
$3
$1 50
3*2
&RR
Louisville Sc Nashville
Mine Hill & Schuylkill Haven—
Rhode Island
Mass
3
3L>
3
Feb.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
15 Feb.
3
1 Jan. 15 to
1
1
3
Jan.
3
Citizens’
Commercial Fire
5
5
Firemen’s
3%
Franklin <& Emporium
Globe Fire
Hanover Fire
5
Tradesmen’s Fire
United States Fire
5
5
5
4
5
5
5
5
5
On deiu.
On deni.
On deni.1
On dem.
On dem.
On dem.
Jam
10
On dem.
Jan.
4
Jan.
12
Jail.
10
On dem.
Jan.
10
On dem.
Miscellaneous
Consolidation Coal
2*2
Jan.
*
Importers’ it Traders’
Irvimr
Mercantile Fire
N. Y. Equitable
Relief Fire
Star Fire
The
Money
reg. Q.-Feb.
a
Q.-Mar.
Q.-Jan.
Q.-Jan.
J.
J.
J.
J.'
<fc
&
&
&
&
10112 *101%
xooq *10014 10014 *10f)i4 *10014
101 *2 1011‘2 *101 % *10112 *10113
*111*8 *111*8 *111*8 11218 112i0
112
*11178 *111*8 *111% 1121s
11238 11238 11212 11212 II2I3
xl2 *2 11238 1121*2 *11238 11213
J '
coup. Q.-Feb.
reg. Q.-Mar.
J.
*ioi%
1015a
X01 Ml ”10112 *10112 *10112 *10113
a
0
M
H
J.
J.
J.
J.
J.
*130
*131
*132
*133
*134
•
*130
*131
*132
*133
*134
Board
*130
*131
*132
133
*133
sale
: uo
Railroad and Miscellaneous Stocks.
—
*128
*128
*12812 *129
*130
131
*132
*130
”131
*132
was made.
The stock
market
has been
moderately active, but rather variable. Early in the
week there was quite a selling movement in the Vanderbilt and
some other high-priced stocks, which caused a temporary decline
in prices, but there has been nothing like real weakness in the
general tone, and many prices close higher than before. West¬
ern Union Telegraph lias led all other stocks in the amount of
*•
27 Jan.
FRIDAY, JAN. 7,
Market
and Financial
*ibl%
Tliis is the price bid at the morning
Insurance’.
5
& J.
& J.
& J.
& J.
reg. J.
coup. J.
reg. J.
J.
reg.
4s, 1907...
coup.
48, 1907...
6s, cur’cy, 1895.. reg.
6s, cur’cy, 1896..reg.
6s, cur’cy, 1897.. reg.
6s, cur’cy, 1898..reg.
6s, cur’cy, 1899.. reg.
Banks.
Fifth National
.....
4%s. 1891.
1
1 Jan. 23 to Feb. 2
14 Jan.
4 to Jan. 14
Feb.
Indianapolis
11
Feb.
18
13
4
Terre, Haute &
2 to Feb.
6s, 1880...
6s| 1880...
6s, 1881...
6s, 1881. A
5s, 1881...
5s, 1881..
4%s, 1891.
18 to
Jan.
27
1881-5 P. M.
Situation.—The
year opens with a healthy tone in all the financial markets.
The banks and trust companies have been closely occupied this
week in the disbursement of January coupons "and dividends,
and the numerous investors and stock buyers have hardly yet
sales and in its advance to 90% at the close to-day. The stock
is a mystery to the Street, and all kinds of reports are afloat as
to who are the • present buyers—Mr. Vanderbilt and Mr. Gould
of course, each or both having the credit of it. In so prominent
a stock it is remarkable that tWoperations are so well concealed.
There are suspicions that the last quarterly statement' was
“
cooked,” by including very heavy payments in expenses in
order to show the small net receipts wkicli the exhibit made.
It
is to be observed that the company’s method of reporting net
receipts only, and never the gross earnings, prevents any satis¬
factory analysis of its statements. Aside from any rise or fall
in the"stock by speculative influence, it would appear that there
deposited their January receipts and ’laid their plans for a new is no reason for the late advance if the last quarterly statement
campaign. All classes of business pertaining to the Stock Ex¬ was true and fair.
Central Pacific is strong on large earnings and a 3 per cent
changes have the appearance of a steady activity, with a larger
volume of transactions than has yet been seen. The amount dividend payable in February. Louisville & Nashville pays 3
er cent Feb. 1.
of stocks and bonds (par value) represented at the leading Stock
Reading has further advanced on Mr. Gowen’s
Exchanges is vastly in excess of the amount at the opening of
ispatches that the deferred-bond plan is a success and the
last year, and with the great abundance of money available for $2,000,000 guarantee money deposited. The coal-road stocks
speculative use there is little doubt that there will be a shifting are strong, led by Del. Lack. & Western.
The daily highest and lowest prices have been as follows:
from the high-priced dividend-paying stocks to the low-priced
stocks of the comparatively new railroads. Indeed, it is worthy
Wednesd. Thursday,
Satui day.
Monday. Tuesday,
Friday,
Jan. 5.
Jan. 6.
1.
Jan. 3.
Jan. 4.
Jan. 7.
Jan
of note that Mr. Jay Gould, who may now fairly be called the
55
58
56
56
55
59
greatest stock operator of the world, has apparently adopted Am. Dist. Tel.
53% 56
71
72
72
69
70
71
70% 73
72% 72
this course in marketing his Union Pacific stocK at prices above Amer.Un.Tel.
71
72% 74
71% 72% 72% 73%
Canada South.
74% 69% 73
par
and investing large
sums
in the purchase of other low-
or in the building of new lines in which the stock
is given as a bonus to the purchasers of bonds.
The Railway Aye, of Chicago, presents a summary showing
the mileage of railroad track actually laid in the United States
during the year 1880. The footings are larger than,were antici¬
priced stocks,
pated, and the later statements of other authorities may reduce
the total, which is given as 7,027. The only State in which no
work has been done is
Mississippi, and the only Territories
are
Idaho, Wyoming, Indian Territory and Alaska. Dakota leads
the country with t>S0 miles of new track ; Texas comes next with
659 ; then Oliio, 525 ; New Mexico, 519 ; Iowa, 445; Colorado,
401; Nebraska, 385 ; Illinois and Kansas, 340 each.
The money market has shown a steady relaxation, and during
the past few days a great abundance of funds has been press¬
Cent.of N. J..
S3
Cent. Pacific..
Ches. & Ohio..
Do 1st prf.
I)o 2d prf..
Chic. & Alton.
89%
155
Chic.Bur.* Q.
Chic.M.&St.P.
179% 181
IIOxj 114%
Do
a
1880.
Dec. 31.
,
Differences fr*m
previous week.
Loans and dis. $297,756,700 rnc .$5,338,800
58.047.900 Lie.
961,900
Specie
Circulation/..
16.403.200 Dec.
23,200
Net deposits .
272.466,900 Inc. 5,398,900
Legal tenders.
Legal
Do
praf.
N.Y.Ont. & W.
Northern Pac.
comparison with the two preceding years:
12,796,600 Dec.
504,300
$68,116,725 Inc .$1,349,725
Do
1880.
Jan. 3.
1879.
Jan. 4.
$276,706,200 $234,250,000
48.292,100
20,986,200
23,749,600
242,087,100
12,723,500
19.848.800
206,173,000
41,832,600
Reserve held.
70,844,500 Inc.
457,600
$60,521,775
61,005,600
$51,543,250
62.818.800
Surplus
$2,727,775 Dec.
$892,125
$483,825
$11,275,570
reserve.
United States
Bond*.—The business of the week has been
.
pref.
Ohio Central..
Ohio&Miss...
Do
pref.
Pacific Mail...
Panama...:'...
Phil. * Read’g
St.L.A.&T.H.
Do
...
140
138
41
46
96
140
20
21
138%
41
48
91% 92%
107% HO
84% 86%
46
48-%
102
103%
71
72%
pref.
.
$3,619,900 the previous week.
The following table shows the changes from the previous week
155
97%
95% 96%
pref.
Elous.&Tex.C.
Illinois Cent..
Int.& Gt.Nor..
Lake Erie&W.
Lake Shore....
Louisv.&Nash
Manhattan....
Mar.&C.lst pf.
Do
2d prf.
Met. Elevated
Mich.Central
Mobile* Ohio.
Mo.Kans. & T.
Mor.& Essex..
Nash.Ch.&StL
N.Y.C.&H. U.
N.Y. Elevated
N.Y.L.E.* W.
on'
The Bank of France showed a decrease of 7,520,000 francs
in gold and 7,918,000 francs in silver.
The last statement of the New York City Clearing House banks,
issued Dec. 31, showed a decrease of $S92,125 in the surplus
above legal reserve, the total surplus being $2,727,775, against
and
pref.
Clev.C. C.& I.
Col.Chic.AI.C.
Del.&H.Canal
Del.Lack.&W.
Denver* K.G.
Han.&St. Jo..
Do
25%
123% 128%
Ch.St.L.&N.O.
Ch.St.P.M.&O
Do
25%
....
C.R.I.&P.new
the market, and call loans are now quoted at 4@6 per
cent, according to the borrower and the collaterals. Prime com¬
mercial paper is quoted at 5@5/2 per cent.
The Bank of England weekly statement on Thursday showed
a gain in specie of £30,500, but the percentage of reserve was
down to 36 3-16 per cent, against 38 5-16 per cent last week.
ing
pref.
Chic. AN. W..
Do
34!4
80%
93
24%
34%
24
pref.
St.L.l.M. * So.
it.L.&S.Fran.
Do
pref.
Do 1st prf.
Tex.& Pacific.
Union Pacific.
Wab.St.L.* P.
Do
pref.
West. Un.Tel.
126% 127%
....
88%
85%
91%
23
23%
82%
84%
91%
23%
80
91%
23%
33% 34%
84%
91
*23
86%
85%
92%
23%
34
92%
33%
25% 25%
150
150
153% 154
181
181%
.181%
178% 179%
110% 112
110% 111%
109% 112
122
122
122% 123
*122% 123
!23% 126% 125% 127
124% 126%
*139 140% *140% 41% *140% 141
136 130%
135% 136% 136% 137
41
40
40% 40% 40% *40
45
46% 45% 46% 45% 46
95
98% 97
97% 96% 96%
95% 96
95% 96
93% 95
19% 20% 20% 21% 20% 22%
91%
92
91% 93
89% 91%
107
109% + 109% 10% Xl0?% 10%
a5% 88
82% 85
86% 89%
46
44% 47
48% 46% 47%
100% 108% 103% 104% 102% 103%
33% 83%
24%
67
124
25
151
180
25
70
126
69
25
150
70
125% 126% 125% 125%
50
....
51
23%
87%
95%
23%
24
154
181
24%
155%
123
125
*140
123
126
141
182%
110% 111%
130% 137
40% 40%
45% 46%
96% 96%
96
97%
21% 22%
92%
no
111%
90% 92%
47%
50
,
103% 106
71
120
51%
71
126
52
43
41% 41
41%
38% 40% 40% 41% 40
131%
128% 134% 127% 131% 130% 132% 129% 131% 131
89
91% 87% 89% 89% 90% 89% 94% 91% 93%
33% 34% 32% 33% 34% 35% 34% 34% 34% 35%
9
9
9
9
9
9
9%
9%
9%
9%
41%
ri
'O
0
X
.
107%108
126
22
121
22
106% 106% 107
120
21
40% 44% 40%
121% 121% 119
08
74% 68%
147%
149% ’.55
124
124
123%
48% 51
47%
89% 92% 88
29
30% 28
33% 34% 33%
124%
21%
122
21%
42%
43
121
121
108
124% 121%
21% 21%
44
42%
121% 120%
71
69
70
151% 149% 151%
124% 125%
124
49% 48% 49%
90% 90% 91%
30% 29% 30%
34
33% 31%
66
67%
65% 67% 65% 67
23% 23% 23% 23% 23% 24
37
38% 36% 37% 37% 37%
...
...»
46% 51
99% 101
45%
....
5i%
„
9
52%
t
93
52
40
48%
42%
110% 115%
52%
44%
62%
55%
45
63
99
99%
52% 54%
45
44%
61
97
41% 43
41%
107% 112% 107%
44 - 45
42%
85% 87% 82%
80% 86% 82
ICO
47% im
..
54%
55%
108
57%
42% 43%
114
115
53
54%
63
149%
125%
48%
90%
29%
34
60
23%
37
98%
48%
6
6
108
108% 108%
122% 122% 123%
21% 20% 21%
44
43% 44%
122
121
121
70% 66% 68
150%
151%
i52
125
125% 125
49% 48% 49%
90%! 91
92%
30%
30%
31%
06%
24
37%
98%
50%
34
66%
23%
87%
98
49%
219%
55% 57% 55%
40
40
41%
115
115% 115%
53
54
53%
45
45
44%
62
02% 61%
31%
34%
66%
25
38
98%
50%
219%
50%
42%
116%
53%
45
45%
62
62%
99
98% 99
98% 98%
43
43
43% 42% 43% 42%
43
109% 111% 109% 111% 110% 111%
111
44%
44% 43% 44% 43% 44% 44
84% 86% 85% 86%
85% 83%
88
86
87% 90%
85% 89 % 85
61%
98%
44%
61%
98%
These are the prices bid and asked: no sale wa» made at the Board.
large, and some heavy blocks of Government bonds have been
+ Sales were also made ex-div. at 108%@1G8%.
by financial corporations. It is too early to judge of the
State and Railroad Bonds.—The Southern State bonds are
prospects of the funding bill in Congress, on the passage of
whicn the Government bond market must to some extent depend. generally strong, though Virginia consols are a little off from
Closing prices of securities in London for three weeks past and their highest "prices. The interest on South Carolina new
brown consolidated” bonds, due Jan. 1, is now paid at the Nat¬
the range since January 1, 1881, were as follows:
ional Park Bank in this city. The Governor of Minnesota, in
Range since hm. 1, 1881.
his
Dec. Dec.
Jan.
me'-sa^e, recommends the payment of the old State railroad
24.
31.
7.
Lowest.
bonds in the following strong language :
Highest.
*
taken
“
U. S. 5s of 1881
U. S. 4%s of 1891
U. 8. 4s of 1907
101 ^’lOlkj 1041s 104% Jan.
115 *2! 115 *2 1154 11514 Jan.
11638 U6I2 116H II6I4 Jan.
3 104% Jan.
4 115% Jan.
4 1163* Jan.
3
3
3
At a time when tlie financial creditor classifies anew the roll of hon¬
ored debtors and exalts our country among the nations of the-earth,
shill our State skulk behind her defense of sovereignty and defy the
rale of right, because simplv she has the might ? Shall Minnesota herd
the South, and hear aloft the crown of
shame as the only dishonest State of the North i Nay. I would not
wrong the suffering South, for while there may be possibly some palli¬
ation for States crippled with internal disorders and scourged by war,
there is none for a State fattened by prosperity and blessed by fortune.
*
The h vlf million acres of laud which cost us nothing,
and come opportunely to hand, as if fortune would save us from dis¬
honor, can be so advantageously employed in this direction that scarcely
an appreciable increase of taxation would be required to liquidate the
with the
*
h
*
repudiating States of
*
debt.”
usual. The Northern
the subscriptions in New York
the new loan offered exceeded
Son sold the following
at auction:
Bonds
been strong, as
Railroad bonds have
Pacific syndicate intimate that
and London to the $20,000,000 of
$50,000,000.
Muller &
Messrs. A. H.
Shares.
$5,000 Gold &
39 Mechanics’ Nat. Bank ...150
30 Hudson Co. Nat. Bank of
per cent
7 p. c.
$3,000 Third Ave. RR.
bonds, due 1890
Stock Tel. Co. 7
114%
Exchange.-The bankers are quoting
to their new method, and as the matter
sterling bills according
stands it seems to be a
them and the members of the Cotton and
Produce Exchanges, who are the sellers of most of the commer¬
cial bills. The latter allege that when a banker offered $4 80 to
the £ for a bill, say of £979, it was plain; but when he offers 98%
controversy between
for the
bill, the seller must now
same
sit down and figure the <
price on the basis of 4*8665 to the £, and then to deduct 1% per
cent to get at the real amount he will receive.
This they claim
is too intricate. Their argument is simply presented here, with¬
out opinion as to the merits of the discussion.
The imports of
specie at New York for the years 1879 and 1880.
1880 were as follows:
1879.
$75,859,697
$68,732,472
8,317,067
5,655,116
$84,176,764
$74,387,588
quiet and steady to-day, and
Gold
Silver
Total
exchange was
The market for
bankers
quoted
on
for sixty days’
active business 98%@11-16
sterling and 99%@3-16 for demand. Cable transfers are 99 3-16@
5-16.
Commercial bills are quoted by the old method at 4 78 )i@
4 79 for prime.
The following were the rates for domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
5-16 discount, sell¬
Ys off, selling, par; Charleston, buying,
ing, par; New Orleans commercial, 300 discount, bank par;
St. Louis, 50 discount ; Chicago, 60@75 premium, and Boston,
par.
Quotations for foreign exchange are as
Demand.
4
4
4
5
bills on London.
Documentary commercial
Paris (francs)
Amsterdam (guilders)
:
93%®
93%®
Frankfort (reichmarks)
Bremen (reichmarks)
Coins.—The
4 99%®4 99%
4 98% ®4 99
98%
98ia
983s
255s
39 78
94%
94%
4
9S%®4 987a
5 2558®5 22%
$4 82
3 83
XX Reichmarks.
X Guilders
4 72
3 96
Span’h Doubloons. 15 60
Mex. Doubloons..]5
..
Dimes & % dimes.
50
Silver %s and %s.
Five francs
Mexican dollars..
Do uncommerc’l.
®$4 84
3
4
4
®15
®15
®
®
®
86
76
00
75
60
English silver
....
Prus. silv. thalers.
U. S. trade dollars
1 10%® 1 11%
par® % prem. U. S. silver dollars
—
99%®
40%
94 7s
9478
39%®
94%®
94 %®
following are quotations in gold for various
Sovereigns
Napoleons
Fiqe silver bars
Fine gold bars
9858 3)4
98%®4
98%®4
28%®5
3958®
—
99 %®
—
92
—
87
—
85%®
4 70
—
—
—
®
®
coins:
par.
—
—
—
® 4 80
67 ® — 69
99 %® — 99%
99 %® par.
following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
The
Balances.
Receipts.
Payments.
i,839*987
12
1,742,496 20
2,097.044 38
863.747 92
1,041,919 67
2,898.660 98
2,140,919
1,212,193
1,764,477
2,383,790
Currency.
$
$
$
$
Jan.
Coin.
08
85
23
88
71,460,062
71,103,062
71,971,622
71,071,081
69,622,694
01
48
82
19
15
3,795,089 85
3,753.666 50
3,769,956 85
3,769,769 27
3,875,997 04
to, and including, the period
mentioned in the second column.
Albany & Sueq^ . .September. 158.980
Atch.Top.&S. Fe.2 wks Dec. 420,470
127,332
Atl. & Char.Air-L.October
497,232
Atl.&Gt.We«t
October
...
...
Atl. Misa. & Ohio.November
Boat.* N.Y.Air-L.November.
209,046
Bur.C.Rap.*No..3dwk Dec.
49,832
22,390
10,661
Cairo & St. Louis.3d wk Dec.
Central Pacific...December. 1,853,000
Chea. & Ohio
November. 210.795
Chicago & Alton .4th wk Dec
110,042
1880.
1879.
$582,252
$390,644
105.362 1.055,122
786,312
$49,600
$61,155
.
Jan. 1 to latest date.—
307,693
88,498
477,776
179,972
22,220
39,142
8,190
8,113,655
743,023
6,069,652
595,611
1,882,448
1,546,287
1,995,350
406,133
1.475,838
260,903
1,335,870 20,410,424 17,153.161
149.074 2,456,299 1.757,378
125,058 7,681,253 5,755,677
Q....November. 1,510,486 1,327,680 16,015,078 13,341,548
14,623
Chic.&G.Tr’k. Wk.end. Dec. 25
29,050
Chic. & East. Ill..4thwk Dec
27,323
17,316 1,299,011
873,456
Chic. Mil. & St. P.4th wk Dec 416,000
350,317 13,114,810 10,012,819
Chic. & Northw..December. 1,490.322 1,325,895 19,423,684 16,098,373
Chic.St.P.Min&O 4th wk Dec
42,078
36,571 1,609,503 1.259.403
Chic. &W. Mich..3d wk Nov.
15,349
737,759
578,173
16,407
Chic. Burl.*
3,718.500
410,549
858,982
376,422
890.292
3,452,616
1,690.399
1,227,701
997.507
927,825
1,038,’ 150
8473819
169,341 10,413,667
93,466 5,175,542
8,861,257
4,509,699
1,997,305
3,205,683
D,190,010
1,548,998' 1,109,729
31,964
133,339
213,749
99,577
Hannibal&St. Jo.4thwk Deo
83,527
98,474
Houst. & Texas C.4th wk Dec
85,633
2,535,965
3,736,042
490,530
5,785,953
83,013
557,131
163,440
28,611
36,650
74,703
92,647
26,973
Kans.C.Law.*So.2d wk Nov.
18,011
Lake Erie* West.3d wk Dec.
23,705
Louisv. & Na8hv.4tliwk Dec 255,700
Marq. H. & Ont’n.November.
34,202
24,867
Memp. & Chari...4th wk Dec
Minn. & St. Louis.2d wk Dec.
13,482
Mo. Kan.&Texas.4tli wk Dec 103,623
Missouri Pacific.. October
546,027
Mobile & Ohio
December. 288,021
Nashv. Cli.&St.L.November.
182,087
1,388,386
140,813
1,536,242
29,668
1,199,159
1,129,571
53,777
1,961.041
1,775.861
19,676
10,761
1.028,309
642,138
1,276,732
768,815
422,991
666,195
195,100 9,432,173
781.566
29,183
26,356 1,212,614
8,693
104,898 4,163,070
434,266 4,374,036
316,626 2,269,865
174.245 1,873,452
485,069
47,394
6,007,386
538,569
912,736
18,462
...
3,344/292
3;i 86,803
2,127,487
1,615,225
323,691
2.801,835 30,772,015 26,521,216
1,713,697 15,965,240 13,595,040
137,599
377,316
4,556.077
3.693,349
115,081 2,540,237 2,004,555
8,684
331,451
393,383
9,258
154,847
207,139
4,980
11,656
9,533
5,132
Ogd. & L. Champ.3d wk Nov.
Pad.&Elizabetht.Sd wk Dec.
Pad. * Memphis. .2d wk Dec.
1,090,315
1,027,400
26,429
Gr’t Western. Wk.end.Dec.31
56 959
N. Y. & Canada ..September.
N. Y. Cent. & Hud.November.3,047,541
N.Y. L.Erie&W.October ...1,899,910
N. Y. & N. Engl’d.3d wk Dec.
147,220
Northern Central. November.
459,054
192,582
Northern Pacific .December.
766,681
217.506
312,750
17,036
216,767
169,957
Illinois Cen. (Ill.).November.
Do
(Iowa) .November.
Indiana Bl. & W.. 3d wk Dec.
Ind. Dec. & Sp.. .November.
Int. & Gt. North..4th wk Dec
November.
Iowa Central
K. C. Ft. S.& Gulf ,3d wk Nov.
801,748
919,996
4,396,019
5,976
27,122
118,084
32,984
wk Nov
November.
....November.3,574,913 3,131,997 37,712,210 31,166,351
9,224
436,600
254,801
3,564
Philadel. & Erie..November. 324,966
273,168 3,445,815 2,787,752
Phlla.& Reading.October ...1,746,299 1,542,911 14,839,670 12,377,394
Pitts. Titusv. * B.October
54,200
482,659 386,154
38,930
Ports. Gt.F.&Con. November.
26,138
23,802 1,415,572 1,132,097
Rensselaer & Sar.September 196,561
181,574 1,343,290
999,894
Pennsylvania
Peoria
Dec.&Ev.3d wk Dec.
...
‘
‘
“
Sc.L.Alt.*T.H. ..3d wk Dec.
Do
(brchs) .4th wk Dec
St.L. IronMt.&S.4th wk Dec
St. L. & San Fran.4th wk Dec
St.PauJ & Duluth.November.
St.P.Minn.* Man. 4th wk Dec
St. Paul & S.City. .4th wk Dec
Scioto Valley
.4th wk Dec
South. Pac. of Cal.November
Texas & Pacific ..lstwk Nov
Tol.Peoria & War. 1st wk Oct.
23.878
23,254
19,790
655,100
54,300
47,620
75,500
30,596
7,817
396,000
81,519
33,119
19,290
655,413
48,000
677,720
6,263,746
2,693,587
550,407
5,292,610
1,653,923
38.500
30.223
9,523
3,157,604
1,481,510
2,540,406
1,107,845
292,408
77,707
34,140
316,545
565,520
4,545,000
926,905
1,060,518
1,796,343
277,163 12,336,152 9,110,823
762,500
Wisconsin Cent...lstwkDec.
28,718
17,729 1,064,046
New York Banks.—The following statement shows the con¬
dition of the Associated Banks of New York City for the week
ending at the commencement of business on Dec. 31, 1880:
Union Pacific
November..2,265,160
Wal.. St. L. * Pac.4th wk Dec 203,857
Average amount
Capital.
Banks.
Loans and
discounts.
Specie.
of
Net
Legal
Tenders.
dept’s
Circula¬
tion.
than U. S.
-
1 New York....
Manhattan Co...
Merchants
Mechanics’
2,000,000
1,200,000
Union
3,000,000
America
1,000,000
Phoenix
1,000,000
City
1,000,000
Tradesmen’s...
600,000
Fulton
300,000
Chemical
Merch’nts’ Exch. 1,000,000
Gallatin Nation’l 1,000,000
300,000
Butchers’&Drov
200,000
Mechanics’ & Tr
200,000
Greenwich
600,000
Leather Man’f’rs
300,000
Seventh Ward...
800,000
State of N. York.
American Exch.. 5,000,000
5,000,000
1,000,000
1,000,000
422,700
Commerce
Broadway
Mercantile
1,500,000
People’s
North America..
Hanover
1,000,000
500,000
[rving
Metropolitan
450,000
412,500
700,000
....
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental
Oriental
Marine
3,000.000
600,000
1,000,000
500,000
500,000
500,0(0
1,000,000
1,000,000
300.000
400,000
Importers’ & Tr.. 1,500,000
2,000,000
Park
500,000
Mech. Bkg. Ass’n
240,000
North River
Bast River
Fourth National.
Central Nat
Second Nation’l,
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
Bowery National
V. York County..
Germ’n Americ’n
Chase National..
Fifth Avenue....
250,0(0
3,200,000
2,000,000
300,000
750,0(0
500,0(0
1,000,0< 0
300,0( 0
250,00<
200,0(X
750,00<
300,00<
100,00<
8.66 LOK
6.525.8'‘0
7,162.800
6,942.000
1,790,000
688.201
1,135.900
224,000
384.800
1,330.000
4,814.500
1,1/46,000
1,692,800
340.000
141,200
9.299.2UU
3.763.00U
8,830,400
2.978.700
1,664,000
12.280.000
4,043.000
4,072.700
1,312.300
932,000
1,010.000
2.860,200
930.000
3.873.700
14.533.000
16,811.800'
5,829.400
3,368.700
2.349.200
5.423,000
3,153.600
1.527.900
2,623.700
6,830.500
2,813,800
10,854.000
2,031.600
18,900
387,800
179,500
648,600
2,264.000
3,054.100
2.785.U00
286.100
160.500
316,400
2.029,900
344,100
858.000
235.000
1.454,400
43.900
720,0(X<
4.420.40O
4,975,000
156.000
3Ua0G
92.100
936,400
17.515.400
8.057,000
2,406.000
4.694.1,00
12.698.100
6,848,100
1.364,804)
1.481,000
1,307,100
2.345.300
4,376.000
1,336,1-00
39.000
74.400
312,900
949,-/00
356,300
1,502.500
*8
2.194.300
2.960.700
3.313.400
1.530.000
2.698.700
6.338,000
2.560,600
10,393,000
2.170.300
2,148.800
2,070.000
1.623.700
4.054.000
90,500
1.910.000
6,253,800
l,'. 25,200
3.48?,0*j0
58,000
178.300
280,300
94.000
357.100
438-100
28.600
140.000
047.9en l<> -on ***'
784.900
254,400
180.000
2,700
475,200
■38,000
585.000
439,000
.221,400
878.000
177,700
1
'
790.500
429,200
45.000
266.500
3.900
i437,100
449.500
450,000
4.600
780.300
180,000
1 ,112,500
19.628.80C
655.200
813.500
•44,900
17,656.200
7.904,000
2,853.000
5,546.600
13.12o. 400
6.689 800
1.050.500
1.184,400
1,534,000
2,#69,100
3.861,100
45,000
224.300
810, o00
l ,287,000
1,565,300
'
45,000
5,400
19,896.500
748.900
138.100
566.400
656.000
257.300
192.700
319.300
116,200
306.000
329.800.
•8.700
111.000
56,400
059,800
3.246.400
170.000
1,354.500
2.750,400
1,538,300
173,. 00
795,500
4,337.700
261.000
78.300
67.100
241.000
1,100
267,000
3.252.900
10,915.000
11,734.900
16,3.800
122.500
188.000
425.400
313.300
215.000
4-3.000
3,588.600
297,75#,700
41.200
;
4
3.2-85.600
2.071.800
1.118.U00
955.000
1.003,809
2.683.900
866.000
103,200
451,000
457,400
347.200
115,700
251,100
186.400
712.400
836.000
400
300,000
44,500
1.195,000
11.802,300
57.600
133.000
251.200
13 »,000
164.000
495,600
1.815.700
105.100
485.200
320.300
139.600
2,7Ol,G0O
477,200
354,506
258,400
2,796.700
936.000
950.200
112,000
162,000
52,000
404,800
202.000
2.296.900
3,800,000
3.416.60C
6.003.80C
1.831.500
3,399.000
19,356.700
15,880.000
275.900
2,867,200
265.000
608,000
619.500
139,500
346,001;
1,175,600
358,100
7,492,00(1
4.600.000
6,042.200
5,804,000
4,166,000
6,935,600
3.520.000
9,775,500
483.00C
642,000
t
$
*
$
*
Republic
-—Latest earnings reported—,
Week or Mo.
1880.
1879.
Ala.Gt. Southern.November.
Gal. Har.* San A. 4th
Chatham
itaiiroau Earnings.—The latest railroad earnings and the
totals from Jan. 1 to latest dates are given below. The state
ment includes the gross earnings of all railroads from which
The columns under the heading
returns can be obtained.
“Jan. 1 to latest date” furnish the gross earnings from Jan. 1
139,077
...
Pacific
10.400.042 02
$•
s
112,762
131,112
117,136
349,196
Denv.S.P’k* Pac.November.
87,333
Des M.&F.Dodge.3d wk Dec.
9,015
Det. Lans. & No..4th wk Nov
35,073
Dubuque*S.City.4th wk Dec
20,472
Eastern
November. 239,554
East Teun.V.&G.October
128,802
Flint & Pere Mar.3d wk Dec.
34,908
Del.* H.Can., Pa. Div.. Sept.
Denver & Rio Gr December.
94
88
86%
par.
U. S. Sub-Treasury.
...
...
follows:
Jan. 7.
Prime bankers’ sterling
Prime commercial
$232,8/5) $205,601
42.556
43,723
64,877
Cincinnati South.October
186,675
24,860
Cin. & Bpringf. ..4th wk Dec
26,459 129,896
Clev. Col. Gin. & 1.4th wk Dec 118,091
7,595
Clev.Mt.V. & Del.3d wk Dec.
8,088
Cin. Ilara. &Day.November.
Cin. Ind.St.L.& C.lst wk Dec.
Grand Trunk. Wk.end.Dec.25
bonds, due May
-Jan. 1 to latest date.1879.
1880.
/—Latest earninas reported.—
1880.
WeekoHMo.
1870
Georgia
1, 1885
*
102U
2,000 Bleecker St. & Fulton
Ferry RR. 7 p. c. rnort.
bonds, due 1900
109
1,500 Dry Dock E. Br’dway
& Battery RR. cons. 7 p. c.
bonds, duo 1S93
118
145%
Jersey City....,
200 Manhat. G’light Co.169® 170
75 Am. Union Tel. Co
70
100 Mercant. Trust Co. .150® 150%
Bonds.
41
CHRONICLE
THE
8, 1881.J
January
vro
j««.pon 18
45,000
90,000
450.000
800.000
270.000
225,000
180,000
154,800
42
THE CHRONICLE.
QUOTATIONS OF STOCKS AND
BONDS
[Vou XXXII.
IN
NEW YORK.
*
-
8. Bonds and active Railroad Stocks
are
quoted
previous
on a
STATE
Bid.
Alabama—Class A, 2 to 5
Class A, 2 to 5, small
Class B, 5s
Class C, 2 to 5
Arkansas—6s, funded
I
'
7s,
7s,
'ift,
7s,
7s,
...
Ask.
71% 73
74
96%
88
29
14. Hock & Ft. Scott iss.
Memp. & L. Hock HR .
L. R P. B. A N. O. HR.
Miss. O. A R. R. HR..
Arkansas Central HR
’Connecticut—6s
Georgia—6s
7s, new
7s, endorsed
7s, gold
Louisiana—7s, consolidated
Michigan—6s, 1883
7s, 1890
Missouri—6s, due 1882 or ’83
6s, due 1886
6s, due 1887
91
6s, due 1888
25
6s, due 1889 or ’90
Asylum or Univ., duo ’92.
....I
Funding, 1894-95
12
Hannibal A St. Jo., 1880..
1
r
.
,
,
,
,
,
•
12
10%
lOi,,
10%
•
•
do
New
104 "
107
% 115%
115
53%
102
114
54
107
6s,
6s,
6s,
6s,
i
I
i
Cedar Falls A Minnesota...
Central Iowa
1st pref
do
do
2d pref
'Chicago A Alton,pref
'Cio. Ind. St. L. A Chic
Cloy. A Pittsburg, guar—
-Dubuque A Sioux City
Long Island
Lou is v. N. Alb. A Chicago..
Manhattan Beach Co
Caribou Consol. Mining
Central Arizona Mining....
Central N. J. Land Imp
-Climax Mining
Colorado Coal A Iron
Consolidation Coal of Md..
Cumberland Coal A Iron....
Cumberl'd & Elk Lick Coal.
Deadwood Mining
Excelsior Mining
Homestake Mining
„>eromfc Park Imp. Co
72
153
1st
'
205
§14%
134
....
123
*
122%
i
1
!
123
.
r
.
t
6s, 1909
-
».
.
120%
107
108
108
no
105
134
2d
do
C. C. A Ind’a—1st, 7s, s. f.
Consol, mortgage
C. St.L.A N. 0.~ Ten. lien 7e
t""
1st con. 7s
C. St. P. Minn.A 0’aCons.6s. 105%
Ch.St.P.A Min.,1st 6-.1918 no
N. Wise.. 1st M., 6s., 1930.. 4105
St. P.A Sioux C.lst 6s,1919 no
102%
Del. Lack. A YV.— 2d mort.
121
63
51%
....
r
7s, convertible
Mortgage 7s. 1907
8yr. BIl gh. A N. Y., 1st, 7s
Morris A Essex, 1st m......
Consolidated
2d consolidated
,
63%
2d mort...
bonds, 1900
construct’n
7s of 1871.
1st con.,g’d..
do
do
do
do
do
53
113
H
Del.AHud.Canal—lstm.,’84
1st mortgage, 1891
53%
2
4/2
20
do
extended.
do
Coup., 7s,’94
do
Reg. 7s, ’94.
1st Pa. div., coup., 7s, 1917
do
reg., 7s. 1917.
§4*6"
39
2‘4
2.H
Long Dock bonds
Buff. N.Y.A E, 1st m., 1916
34
215
140
13%
15
§54
§4%
21%
125%
105
2
22%
Hous.ATex.
1st mort., West. Div.,
1st mort., YYraco A N.,
2d C., Main line, 8s
2d Waco A N., 8s
Inc. and ind’y, 7s
2
§1%
52**
52%
7s..
7s.
•
r
.
-
-
•
117
120
•
a
•
•
•
St.L. A S.F., 2d 6s.cla8S A.
do
3-6s, class C.
do
3-6s. class B.
do 1st 6s,Peirce,CAO
do Equipm’t 7s, ’95
....!
South Pac. cf Mo.—1st m.
Texas A Pac.—1st, 6s, 1905.
130*
Consol. 6s. 1905
115%'
Income and land gr’t, reg.
i 14
I
1st Rio Gr, Div., 6s, 1930.
...
.
•
X
11534
113%
no
•
r
i
t
t
i
106
118
110
111
107% 107%
do
130% 130%
Col. Chic. A I. C., 1st con.,
118%.
....
127
-
r
r
-do
2d con...
do IstTr’tCo.ctfs.ass.
do 2d
ass.
do
do 1st
do
suppl.
-
....
*
*
*
St.L. Va.AT.IL, 1st g.7s,’97
do
2d 7s, 1898
'
....
112
111
109%
109
109
119
.
120
97%
,
do
2dgtd.7s,’98
Rome \Yrat. A Og.—Con. 1st.
St. L.A Iron Mount’n—1st m
2d mortgage
Arkansas Br., 1st mort ...
Cairo A4Fulton, 1st mort.
Cairo AJk. A T., 1st mort.
St. L. Alton A T. II.—1st m.
2d mortgage, pref
do
ns"
.
....
“
are
4th mort...
income
Belleville A So. III., 1st ni.
St. P. M. A Manit’a—1st, 7s.
2d mort., 6s, 1909
Tol. Peo. A YV.—
Pur. Com. rec’pts, lst,E.D
1st mortgage, YV. D
Burlington Div.*......
pref. inc. for 2d mort.
lstpref. inc, for consol...
Wab.St.L.AP.,gen.,6s 1920..
do
Chic.div.,5s,1910
Wab. RR.--Mortg. 7s of ’79.
T.AWab., 1st ext.7s,
1st St. Ii. div.7s,ex mat.cp.
2d mortgage ext., ex coup
Equipment bonds, 7s, 1883
■
77
a
104%
101%
a
t
.
t
a
a
•
•
....
N.Y.LakeE.AW.Inc. 0s.1977
N.Y. Pa. AO.,1st inc. ac, 5-7s.
109% 112% N.O. Mob. Alex.deb.sc.,1930
102% 102% Ohio Central—inc., 1920
133% 135
Peoria Deo A K’viDe—Incs.
133% L35
Evansv, div. Inc. 1920
11534
St.L.I.M.AS.—1st 7s,prf.int.
105
2d int., 6s, accum’lative
1L034
118%
1183-6
Miscellaneous List.
120
122
{Brokers' Quotations.)
II5% 117
RA XLi.RO ADS.
90
497
....
r
.
,
t
a
.
86-k
90"
40
40
91
58
86
85
69%
59%
...
.
91%
•
a
a
.
a
a
.
.
103
100%
.
105
....
114
106%
103
103%
114%
115%
115
*122%
4120%
104% 103
125
123
a
#
a
ft
60
72
09
a
a
77
!
si
:|g
Ii
:,9
108
Evansv. A Crawfordsv. -7s.
Flint A Pere M.—8s, I’d gr’t
Consolidated 8s
Preferred stock
Stock
Galv. Hous. A H.—7s, gld,’71
Gr’nd R.AInd.—lst,7s,l.g.gu
1st, 7s, Id. gr., not guar.
0x, l. grt,7s•••• «••••<
103%
a
105’
7s, equipment
!0S%
115 ~
63*£
no’
Cin.A Spr.-lst, C.C.C.AI.,7s
1st m., g’d L. S. AM.S.,78.
Erie A Pittsburg—1st m., 7s
Con. mortgage, 7s
114%
ft
;
*
a
H
80
107
125
Chic.A Can. So.—1st m.,g.,7s
Chic. A E. 111.—S. F.c’y 1907
Chic.A Southwest.—7s, guar
Cin. Lafayette A Cb.—1st m
Ill
§
J
51%
63%
469
•'1
...
.
72
61
87
87
70
77
87
71%
..
•
123
.
...
126”
83
24%
80
122
112
Indianapolis A St.L.—1st, 7s
2d mortgage
126
Kansas A Nebraska—1st
2d mort
104% 104%
105“ 106
m.
Island—1st mortgage.
110% Longdo
2d mortgage.
115
Midlandof N. J.—1st, new.
103
Income, “ A ”
87% 88
do
“B”
88% 89
N.Y.AGreenw. L.—1st, s, n
113
101
do
2d
St. Joseph A Pacific—1st m.
102% 102%
103%
■
106
74%
rrz
98
98%
2d mortgage
St. Jo. A YVestern stock..
South Side (L. 1.)—1st mort
Union A Logansport—7s—
99
Southern Securities.
{Brokers' Quotations.)
129'
STATES.
So.Carolina—Con., 6s (good)
4110%
110
Brown
115
101
107
+
M.A S. + 106
L17
cons
Texas—6s, 1892
7s, gold, 1892-1910 .. J.A J.
7s, gold, 1904...:—J.A J. H19
49
Virginia—New 10-40s
108% 108%
Past-due Coupons.—
120% Tennesssee State coupons.
So. Carolina consol., valid..
Virginia coupons
80%
consol, coupons...
do
119%
109%
108% no
RAILROADS.
108% 109
110% ni
Ala. AChat.—Rec’rs ctfs,var
Atlantic A Gulf—Consol....
Cent. Georgia—Cons, m., 7s
Stock
107
I07%jj
110%
Chari’te Col.A A
101
ioi%
108%
no"!
102%!
—
Cons., 7s
2d mortgage, 7s
Stock
East Tenn. A Georgia—6s..
E.Tenn.A Va.—6s,end.Tenn
E. Tonn. Va. A Ga.—1st, 7s
Stock
<
#
Georgia RR.—7s
no
108
no
122
122
52
+108
112
112% 115
107
107
99%
42
1(K)
100
114
122'
106
105
Stock
Greenville A Col.—7s, 1st m. no
no
7s, guar
100
Macon A Aug.—2d, endors
Mem phis A Cha’ston—1st,7s 105
102
2d. 7s
..
39
7s 105
no
2d mort., 8s
• •
130
Miss. A Tenn—1st m., 8s, A
nil
1st mortgage, 8s, B
109
N. O. A Jacks.—1st m., 8s...
Certificate, 2d mort., 8s... 113
103
Norfolk A Petersb.—1st, 8s
103
1st mortgage, 7s
no
2d mortgage, 8s
128
Northeast., S. C.—1st m.,8s
115
2d mortgage, 8s
Rich.A Dan.—1st ccnsol-, 6s 102
Southw. Ga.—Conv .7s, ’86. 106
Stock
S. Carolina RR.- ist m., 7s.
Stock, aases3mt. paid....
109
109
100
44
102
L02
124
6s
97%
1(
.
.
„
.
98
98
109
112
....
112%l
.
....
Mississippi'Cent!-lstm.
10«%I10£%
-
-
-
T
112
.<7
■
.
109%
109
lll.ASo. Ia., 1st m.7s,ex cp 4100
Hannibal A Naples, 1st 7s 4105
St.L. K.C.A N.R. E.A R.,7s 112
Omaha Div., 1st mort., 7s 118
Clarinda b.,6s, 1919
x
....
100
....
...
113
120104
103
119% 121%
1163*
120
1900, registered
110
105 %
100’%
87
62%
latest quotations made this week.
...
■
1
-
62%
i No
108
41
108
113
115*
108
113*
106
...
110
23
102
West Ala.—1st mert., 8a...
2d mort., 8s, gua.*
Wostorn N. C.—l«t, m.. 7s..
116
116
101
7s, 1902, non-enjoiued
Non-mortg. bond3
....
INCOME BONDS.
Central of N. J.—1908
Chic.St.L.AN.O.—2d m. 1907
Col.Chic. Alnd.C.,ine.7s.1890
Sp’d. 2d Inc...
3d
.do
4th
do
134
132
Q, A Tol., 1st, 7s, ’90,ex cp.
Spring.V’yYV.Works—1st 6s
Oregon R. A Nav.—1st, 6s..
ind's Dec. A
Int.A Gt. Northern—2d Inc
!Leh. A Wilkes B.Coal—1888
i Lake Erie A YV’n-lnc.7s,’99
Laf. Bl.A Mun.—Inc. 7.1899
MobileA O.—1st pref. deben
2d pref. debentures
.
....
109
35
4111
Consol, conv., 7s
Gt. Western, 1st m., ex cp 112
do 2d m.,7s.’93,ex cp 109
West. Un. Tel—1909, coup.
registered
•
-
.
1st
St.Chas.B’dge.lst, 7s, 1908
North Missouri. 1st m., 7s
do
Cnic.A East’n Ill., Inc.,1907.
Ilnd’sBl. A W’n-Inc., 1919..
Cleve.A Pitts., consol., s.f. 4124
112
Funding 5s, 1899
.Cent. Iowa coup, debt certs.
107
121
Pitts.Ft. W.A Chic., 1st m. *138
do
do
2dm..
do
do
3d rn..
fir-
108%
these
73%
109%
110%! Pennsylvania RR—
128
....
t No price to-day;
1st mM 6s, ’95, with cp.ctfs
1st m., 6s,’96,
do
Den. Div. 6s ass. cp.ctf...
do
1st consol. 6s
Mo. Pac.lst cons. 69,1920.
Pacific RR. of Mo.—ist m.
2d mortgage
....
99% 100 "
117
119%
Minn.A 8t. L., 1st, 7s, guar 115
82
1st mort., 7s, 1900
Iowa City & West’n,lst7s
2d mort., 1909
73% |
Central Iowa, 1st m.7s, 1899 114% 116
Tnd’s Decatur A Sp’d 1st 7s 105
Chesap.A O.—Pur. m’y fund
lint. AGt North. 1st 6s,gld. 107
107%
to, gold, series B, int. def.
82% §2% L. Shore—M.S.A N.I., s.r.,7s 109% HO
50% 50%
0s, currency, int. deferred
Cleve. A Tol., sink. fund..;4108
Chicago A Alton—1st mort. 4121%
do
new bonds.! 107%
Income
Cleve. P’ville A Ash.. 7s
116
Sinking fund
114%; iio%
Buffalo A Erie, new bds...
123%
Joliet A Chicago, 1st m.
103%
Buffalo A State Line, 7s..
104
JLouis’a & Mo., 1st m., guar 4115%
Kal’zoo A W. Pigeon, 1st.
do
2d 7s, 1900.
106%
!22
Det.Mon.AT., 1st, 7s.T906
Bi. L. Jack. A Chie.. 1st m. 4116
Lake Shore Div. bonds... 123%
JkIi8H.Riv.Bridge,lst,s.f,6s 106 107
do
cons, coup., 1st
127%
Chie. Bur. A Q.—8 p.c., 1st m 105
107%
128
do
cons, reg., 1st..
129
128
Oonsol. mort., 7s
128%
do
cons. coup.. 2d.
124%
5ft, sinking fund
103% 1105
124
cons. reg.. 2d
do
125'
Chic. Rk. LA P.—6s, cp.,1917 125
125% Louisv.A Nash.—Cons. m. ,7s 121%
As, 1917, registered
2d mort., 7s, gold....
105% 106%
Eeok.A Des M., 1st, g., 5s. 103%
106
Cecilian Branch, 7s*i
'Central of N. J.—1st to., ’90. 119
N.O. A Mob.,1st6s. 1930..
101% 103%
1st consolidated
E. H. A Nash., 1st 6s, 1919 iiou
do
assented.
114% 115-%
Gen. mort, 6s, 1930
104
Convertible
Nashv. A Decatur, 1st, 7s. 115
118
do
assented
no"
Erie A YVest.—1st 6s, 1919 111
112.
113
Adjustment, 1903
Laf. Bl.AMun.—1st 6s. 1919 109
110%
Lehigh A YY. B., con., g’d.. 125
Manhattan Beach Co. 7s, ’99
98
do
assent’d
105% 106
N.Y. A Man. Beach 1st 7s,’97
107
Am, Dock A Impr. bonds, 123
Marietta A Cln.—1st mort. 4119
do
assented 122
124
1st mort,.. sterling
Chtc.Mil. A St.P.—lst.8s,P.D 135
Metropolit’n Elev—1st,1908 102&T03
YOmort., 7 3-10, P.D.,1898 125 128
2d 6s. 1899....
do
+ And accrued interest,
Registered, 8s
Collateral Trust, 6s
Kansas Pac.~
.
•
1st m., Springfield div —
Ohio Cent., 1st m., 6s, 1920.
do Ist Ter’l Tr.,6s,1920
Peoria Dec. A E’ville, l«t 6s
Evansv. div.,1st 6s, 1920..
Pacific Railroads—
Central Pacific—Gold bds.
San Joaquin Branch....
Cal. A Oregon, 1st
State Aid bonds
Land grant bonds
Western Pacific bonds..
South Pac. of Cal.—1st m.
Union Pacific—1st mort..
Land grants, 7s
Sinking fund
iff
97%
Ul.Cent.—Dub. ASioux C.lst
Dub. A Sioux C., 2d div...
Cedar F. A Minn., 1st m..
Ind. Bl’m A YV.—1st, pref. 7s
.
112%
Jos.—8s,
coriv...
C.—1st, ni. I.,7s
.
....
t
N.Y.L.E.&YV.,n.2d,con.,6s
125
do 1st, con., f, cp.,7s
do 2d,con.,f.cp,,5s.0s
Gal. Tlar’g A S. Ant’o. 1st 6s, 4 ids"
1st La Grange Ex ,6s,1910 4102%
2d mortgage, 7s. 1905
4102%
Han. & St.
....
110%
136
4H8
105
100
118 % 125
*109
2d mort
1st con., guar 125%
Rens. A Saratoga, lst,coup
do
1st, reg.
Denv.A R. Grande—1st, 1900
1st cons. 7s. 1910
do
Den. S. P- A Pac.,1st 7s,1905
Erie—1st mort., extended..
2d mortg., ext’n 5s. 1919.
3d mortgage, 7s, 1883
4th mort. Ext., 5s, 1920...
oth mortgage, 7s. 1888 —
1st cons, gold7s, 1920
....
124
Albany A Susqueh., 1st m. 4111%
do
do
107
115
119%
-V. V. Elevated—1st, 7s. 1906
Nevada Central—1st m. 6s.
Ohio A Miss.—Consol, s. f’d
116
.
coup..
reg—
N.Y\Pa.AO..prior lien 6s,'95
128
120
.
1st m., reg
104',
104',
104>
jC.St.P.A M’s L. Gr.,ln.6s,’98 4120%
....
104%
Harlem, 1st m., 7s,
do
lstm., 7s,
120
m
130
N. Y.
do
136
112
113
....
128
111
Mo.K.AT.—Cons.ass..1904-6
2d mortgage, inc., 1911
H. A Cent. Mo.. 1st., 1890.
Mobile A Ohio—New m., 6s.
Nash,Chat. A St. L.—1st 7s
Huds. R.,7s, 2d in., s.f.,’8o
Canada South., 1st, int. g.
7344
BONDS.
11'ni II2"
Central—6s, 1883
6s, 1887
6s, real estate
6s, subscription.
N. Y. C. ALlud., 1st m.,cp.
112
112
AND
llf
Registered
j
Equipment bonds
122%
123%
104%
STOCKS
Mich. Cent.—Cons., 7s, 1902
lsi mort., 8s, 1882, s. f
125
124
122%
u.
140
Bnr.Ced.R.A North.—1st,5s
Small
....
Railroad Bonds.
Prices nominal.
class 2
class 3
Ohio-69, 1881
6s, 1886..
....
....
27%
35
§13
23
Consol. 4s, 1910
....
Ask.
6s, new
6s, new series
Virgina—6s. old
6s, new, 1806
6s, new, 1837
6s, consol, bonds
;..
6s, ex matured coupon....
6s, consol., 2d series
6s, deferred
D. of Columbia—3*65s, 1924.
1868
do
do
....
....
....
179% isi’
Montauk Gas Coal
New Central Coal
§30
rLY.ABtraitsviUeCoalAIron
N.Y. A Texas Land, limited
26'
Ontario Silver 3f ining..
33
Oregon Rail way/A Nav. Co. §135%
Stock Exchange Prices.
Balt. A O.—1st 6s,Prk.b.l919
Bast. LI. A Erie—1st m..
1st mort., guar
1
«...
32%
32%
off, A. A O.
New bonds, J. A J
do
A.AO
Chatham RR
Special tax, class i
1
1
«■
....
34
Mariposa L’d A Mining Co¬
de
do
pref.
Maryland Coal
9ilyer Cliff Mining
Standara Cons. Gold Mining
Stormont Silver Mining....
-Sutra Tunnel
do
' 1*6% 128
Registered gold bonds.... 126J-4 126%
1110%
Sinking fund
do
registered..
131
Iowa Midland, 1st m., 8s..
Galena A Chicago, exten.
104%
140
Peninsula, 1st m.,conv... 130
4118%
Chic. A Mil., 1st
4107
no
Winona A St. P., 1st m, ..
§58"
...
Pullman Palace Car
ksilver
do
pref
114%
107
107
105
105
103
114
115
116
coup,
Funding act, 1866
Coupon gold bonds
§41
28
m..
Int. bonds
Consol, bonds
Extension bonds
1st mortgage
§20
10
Pennsylvania Coal
do
...J
99% 90%
107% 109
H. A D., 7s. 1910... 4117% 119%
Chic. A Pac. div., 6s,1910..
Chic. & Northw.—Sink. f’d.
132%
JLa Plata Mining
Leariville Mining
Little Pittsburg Mining
.
MISCELLANEOUS
I. A M\ 1897
I. A D., 1899
C. & M., 1903
Con. sinking fund, 1905...
2d mortgage, 1884
1st m., 7s, I. A D. Ext .,1908
3.-west div., 1st 6s, 1909.
1st 5s, LaC. A Dav., 1919.
1st So. Minn. div. 6s, 1910.
Miscellaneous St’ks.
Adams Express
American Express
United 8tates Express
WeRs. Fargo A Co
American Coal
Atlantic A Pacific Telegr..
Boston Water Power
Canton Co., Baltimore
AND
ist m.,
«st m.,
1st m.,
Memphis A Charleston
Ji. Y. New Haven A Hartf.
N. Y. Ontario A West.,pref.
Peoria Decatur A Evansv..
•Pitta. Ft. W. A Chic., guar.
do
do
spec’l.
Pitta. Titusville A Buffalo..
Rensselaer A Saratoga
Home Watertown A Ogd...
St, Paul A Duluth
do
do
pref.
St. Paul Minn. A Man
Terre Haute A Indianapolis
United N. J. RR. A Canal..
.
....
110
in
6s, old, A.A O
118
§62
I»8%
6s, do
1893....
North Carolina—6s, old.JAJ
Ch.Mil.A St.P.—Continued.
1st m., 7s. f g’ld,R.I).,1902
1st m., La C. I)iv.. 1893....
80
Frankfort A Kokomo
Harlem
*J.na Bloom. A Western
Keokuk & Des Moines
do
do
pref.
„
108
York—6s, gold, reg.,’87
gold, coup., 1887
loan, 1883
do 1891
do
1892
Bid.
Rhode Island —6s,coup.’93-9
South Carolinads, Act Mar. 23, 1869.)
Non-fundablO
j* **
Tennessee—6s, old
....
Railroad Stocks.
-1
.
value, whatever the par may be%
Bid.
N. Carolina.—Continued..
No. Car. RR., J. A J
do
A.A O
do
coup, off, J. A J.
107%
1887..
do
SECURITIES.
.
107
•
«...
Ask.
102%
..
JRAILROAJD
iActioe previously quoted.)
Albany A Susquehanna....
Atchison Top. & Santa Fe.
Boston A N. V. Air L., pref.
Burl. Cedar Rapids A No...
Bid.
SECURITIES.
per cent
BONOS.
I
SECURITIES.
Prices represent the
page.
quotation
;
43
latest sale this w jsk
%
January
THE
8, 1831.]
GENERAL INVESTMENT
|UUCStWCUtS
NEWS.
American Union—Western Union.—The American Union
AND
STATE, CITX AND
43
CHRONICLE.
Telegraph Company has been at work for several days between
New York and Philadelphia, in anticipation of the ejection of
the Western Union Company from the line of the Pennsylvania
CORPORATION FINANCES.
contains a complete exhibit of the Railroad. Notice had been served on the Western Union Com¬
pany requiring it to accept the terms granted to the Amerioan
Funded Debt of States and Cities and of the Stocks and Bonds Union
Company. The Western Union applied to the Courts,
of Railroads and other Cjmpanies. It is published, on the last and in the United States Circuit Court at Philadelphia Judge
Saturday of every other month—viz., February, Aprils June, Butler granted the preliminary injunction restraining the Penn¬
sylvania Railroad Company from interfering with the wires
August, October and December, and is furnished without extra and
offices of the Western Union Telegraph Company along
charge to all regular subscribers of the Chronicle. Single copies the route of the railroad until the case can be fully heard in
The Investors’ Supplement
are
sold at $2 per copy.
the same Court, before
17th inst.
annual reports.
Atchison Topeka & Santa
issued by this company :
Fitchburg Railroad.
“
September 30, 1880.)
The annual report of the business of the company for the
year ending September 30, 1880, is just printed.
It states that
{For the year ending
road-bed and track has been greatly im¬
proved since the last report, and will require large additions in
the coming year to meet the demands of the increasing traffic..
The report says of the Hoosac Tunnel road that the policy of
the State has been settled ; “ and, since the execution of a
seven-years’ contract with the Commonwealth, we can more
securely make outlays for improvements of an extensive and per¬
manent character. The traffic has so increased as to test the
capacity of the road to its utmost; and the assurance that we
have of its permanency and additional increase demands the
greatest haste practicable in developing our terminal facilities
for both local and export business, in completing the double
track to Greenfield, our western terminus, in increasing our
motive and carrying capacity, and in improving and enlargin
every facility necessary to ao the business with dispatch an
economy.”
In accordance with the authority granted, the directors have
taken. $192,000 of the stock of the Hoosac Tunnel Dock &
Elevator Company in Boston, and in November, 1879, they pur¬
chased Hittenger’s Wharf, the first wharf east of Tudor’s, for
the condition of the
.
.
$113,701.
The directors say of the recent purchase :
“The Vermont & Massachusetts Railroad Company, in its
lease to us, and upon the written request of this company,
covenanted and agreed to sell and convey to whomsoever may
be designated in said request, provided such sale can lawfully
be made, that portion of its railroad which lies between Grout’s
now Miller’s Falls, and Brattleborough, Vt., and known
Brattleborough Branch, which branch has never been
operated by the Fitchburg Railroad Company. It was under
lease to the Rutland Railroad Company, and formed a part of
Corner,
as
the
the New York line of the Central Vermont Railroad.
In the
struggle of the various roads competing for this business, there
was
constant liability that the value of the most profitable
portion of the same would be seriously impaired by the con¬
struction of a parallel road. Under these circumstances your
Directors, after obtaining the requisite legal authority, and in
conformity with the vote passed at the last annual meeting,
sold on May 1, 1880, said branch, with the real estate apper¬
taining thereto, to the New London Northern RR. Co. for
$630,500, which sum—by the terms of the lease of the Vermont
& Massachusetts Railroad—has been applied to the payment
for additions and improvemets made by this company on that
road.”
The
•
following were the receipts and expenditures for the
past two years:
RECEIPTS.
'From express
From mails
From rent of
property, &c
From mileage passenger cars.
Premium on bonds
Mont of roads
1879-80.
1878-9.
$749,169
$663,289
1,496,459
32,878
1,205,954
To the Stockholders
on
the
Fe.—Following i3 the circular
of the Atchison Topeka d
“
Boston, Jan. 3,1881.
Santa Fe Railroad Com*
Fiany:
n a'few weeks we shall probably have reached Florida Pass and
made a connection with the Southern Pacific. This will increase our
business by giving us part of the through travel and freight to and from
California, and we anticipate a demand from the mining region of
Arizona for coal and coke, for mining materials, food aud forage. Wo
think, therefore, that that portion of our road extending from. Albu¬
querque down to the southern part of New Mexico, which has not been
able to earn anything bocause not completed, will furnish its share of raceipts. The crops of Kansas are lookiug better than they have douofor
two years, and we hope to see our transportation increased in this 8tate.
But the road is not in a suitablo condition to do the largo business which
has already come upon it. Our earnings for the past year, amounting to
about $8,500,000, have been seriously interfered with by the condition
of our track and the want of suitable rolling stock.
And our best cus¬
tomers and friends on the line in Kansas and New Mcxioo, have not re¬
ceived the accommodation which we would have gladly given them if
we had been able to do so.
The road has not been sutfieiently ballasted,
and a largo
part of it was laid with light iron, which is giv¬
ing way rapidly both in Kansas aud Colorado.
In the latter
State wo are in perpetual danger 'from cattle
straying on our
of expensive fencing will have to bo
at
full
speed.
We require at the
prosent time 25,000 tons of steel and 500,000 cross ties to lay down a*
rapidly as possible. The machine shops at Topeka are altogether insuffi¬
cient in size, and we are without the neoessary shops to repair rolling
stock both in Colorado and New Mexico. In or near Kansas City we
shall require at least 100 acros of land to make exchanges of cars, with
the necessary round houses, coal chutes, &c. The renewal of bridges,
which should be done at onco, will require some $80,000, aud the water
service not less that $110,000. At Topeka wo ought to erect the neces¬
sary buildings for the business of the company.
Passenger depots
should be put up at Lawrence and Emporia, and round houses should be
eithor enlarged or built at Atchison, Emporia, Florence, Newton, Nicker¬
son, Dodge City, Sargent and several places in Colorado and New Mexico.
In the matter of rolling stock alone, wo require engines and cars which
will cost in the neighborhood of $2,500,000. Besides all this, some forty
miles of side tracks should be laid at once. In short, although the road
track, and
done
a
before
great
we
deal
can
run
has been a successful one and tbo business has increased as much
tho stockholders could hope, vast sums of money will have to bo spent
before wo can work economically and profitably. The direotors, after
giving tbo wholo matter a careful consideration, have deoktea that
$6,000,000 should be spent on the road. And they consider it much
more conservative to issue stock and sell ic at par to the stockholders
than to load down the road with a heavy debt in the shape of bonds.
as
They therefore have decided to issue one share iu four of new stockwhich will be used as explained above, for construction and rolling
stock.
PROPOSAL.
“
’
.
.
offers to stockholders of record at tho close of business,
February 1, 1881, at par, a number of shares equal to one-foiif tli the
amount standing to their credit on tho books of the company. These
shares will be entered to tho credit of each stockholder on the day of
subscription and will be in every respect equal to the old shares, except
that cash dividends to bo declared by the directors out of the earnings
of the road shall only be paid on the shares that have been issued.' The
subscription will bo payable in four equal instalments—March 1, June
1, September 1, December 1—when shares will be issued for every $10O
of instalments paid under each assessment, but no share will be issued
on any prepayment of assessments not due.
Prepayments of the differ¬
ent assessments will bo received, interest being allowed by the company
at the rate of 5 per cent up to the date when’ the assessment becomes
payable. Receipts will be. given on account of partial payments. Frac¬
tional or other rights can be assigned in a form which may be obtained
at the office. Auy shares not taken on tho 1st of February will be sub¬
ject to the disposition of tho board. By orler of tho directors,
“T. Jefferson Coolidge, President.’*
The company
27,611
30,400
23,561
-The Boston Transcript says : “ The name of the company
under which the Atchison Topeka & Santa Fe Railroad Com¬
68,823
57,197
pany
156
72
10,000
79,500
99,500
$2,464,598
$2,079,973
1879-80.
1378-9.
$1,725,535
$1,458,515
236,462
3,750
90,000
25,216
238,506
3,750
$2,080,963
$1,800,233
$383,635
$279,740
65,000
34,462
is building its New Mexico lines below San Marcial is the
Rio Grande, Mexico & Pacific. A short line in Texas from the
New Mexico line to El Paso is covered by the charter of the
Rio Grande & El Paso Railroad Company. Tne new 4% per
cent Atchison bonds cover these lines, which gather about what
now
EXPENDITURES.
For rent of road, V. <fc M. RR.*
For rent of road, Coun. liiver RR.
For interest on bonds
For interest, other
Judges McKennan and Butler,
promises to be the great railroad centre for Mexican; Cali¬
fornian, Texas, China and Japan trade.”
Boston & Lowell—Nashua & Lowell.—At Concord, N. H.,
the Governor and Council gave a hearing to the Boston &
Lowell Railroad Corporation to state its case in the matter of
the legality of the lease of the Nashua & Lowell Raijrdad.
Attorney-General Tappan delivered his opinion. He said the
was purely a lease, in his mind, and as such it must be
authorized by the Legislature, and that the Governor and
The interest paid on the funded debt of the Vermont <fc Massachu¬
setts Railroad and the amount paid into the sinking fund for the payment
Council had nothing whatever to do with the sanctioning of it.
of said debt are included as rent in our expenses.
He further stated that the lease was illegal, for the statute
TRIAL BALANCE, SEPTEMBER 30, 1880.
plainly provides that no contract between two or more railroad
Dr.
Or.
companies shall be made for a term of years exceeding five,
Construction accounts. $6,117,397 Capital stock
$4,500,000 whereas this lease was made for ninety-nine years.
Cash and cash funds...
52,905 Funded debt.
1,500,000
Meal estate
305,478 Notes payable
406,500
Chesapeake & Ohio Canal.—In Baltimore, January 3, in the
Stock materials
423,134 Unclaimed dividends..
8,761 United States Circuit Court, Judge Morris read the opinion of
Improvements Vt. &
Interest unpaid
45,000
the Court in the case of D. K. Stewart, an English subjeet,
Muss. RR
Mass. RR.
814,577 Vermont
Sinkiug fund
170,000
Company
744,291
ormerly of Richmond, Va., and a preferred bondholder* against
Debit balances
105,753 ihe President and directors of the Chesapeake & Ohio Canal
18,600 Vouchers aud accounts
Profit and loss
591,788
Company, praying that the defendants be enjoined from any
Total
Total...
$7,902,094 further control and management of the canal, and asking for
$7,902,094
*
.
contract
[Vol. XXXII.
fHE CHRONICLE.
44
January 12, 2,000 shares of its stock. It is understood that the
proceeds are to be used in payment for new depot accommoda¬
tions recently purchased in South Boston.
Chicago Burlington & Quincy.—The Chicago Times of De¬
Philadelphia & Reading.—The Masters completed taking
cember 29 reports of the special meeting of stockholders in
testimony in Philadelphia upon the application of Mr. Gowen’s
Chicago that the resident officers of the company and about
party for a postponement of the annual meeting of the stock¬
a dozen stockholders were present.
The meeting was organ¬ holders,
and on January 5 they forwarded their report to Judge
ized by the election of C. S. Colton as chairman and L. O. God¬
McKennan. of the United States Circuit Court, at Pittsburg.
dard as Secretary. Mr. J. M. Walker, solicitor for the company,
referred to the circular of the President, containing the call for Judge McKeman decided not to grant the application to post¬
The Master had reported against the appli¬
the meeting, and setting forth the proposition to be acted pone the election.
cation—firstly, for want of jurisdiction ; secondly, because the
upon, and stated that the articles of consolidation had been charter imperatively fixes Monday next as the day ; and,
prepared and would be read by the Secretary.
The following form of resolution, with the name of each road thirdly, that the call for the Musical Fund Hall has been virtu¬
ally approved by the directors in their testimony before the
separately inserted and separately acted upon, was unani¬ Masters, no office of the company being sufficiently large. In
mously carried:
his decision, Judge McKennan said he saw no reason why the
Resolved. That the articles for the purchase and consolidation of the
Court should stretch its authority in this case. He also said :
stock, property and franchises of the
after
date
company, as
the
of January 1, 1881, now presented and read by the chairman to the
If the directors want any advice from me—and what I say must
meeting for the assent of the stockholders thereto, he and are hereby not be regarded as judicial utterance—in regard to the annual meeting
approved and ratified ; and that the board of directors be and are hereby of the stockholders, which it is proposed to hold next Monday, I would
authorized and requested to cause said articles to be executed in due
say that, inasmuch as it is conceded that the action of the directors is
form on the part of this company and carried into effect.
essential to the legality of the meeting, they ought not to do anything
The proposition for an increase of the capital stock of the that might make serious complications hereafter. The best I wTill say isthat the question is a very doubtful one in my mind, and my own impres¬
Chicago Burlington & Quincy company was then taken up sion is that it would not be safe to hold the meeting or do anything
and acted uoon. The following resolution was adopted :
important under this call. I think they ought not to ratify the call or
Resolved. That for the purpose of completing the consolidation of the hold the meeting.”
eeveral branches the board of directors are hereby authorized to in¬
In London the Messrs. McCalmont wrote to the papers as
possession of, manage
the appointment of a Receiver to take
and operate it. The motion was denied.
“
crease
the stock of this company to cover
the costs.
follows, January 3 :
v
capital stock represented at the meeting was in the
“We learn by letters from Mr. Gowen, President of the Phila¬
neighborhood of $36,000,000, or about three-fourths of the delphia & Reading Railway Company, that he intends to offer for
total. The shares voted by western stockholders numbered less subscription his scheme of deferred bonds without obtaining any previ¬
than three thousand. The majority of the proxies had been ous guarantee and deposit to secure its success. We are the largest
shareholders, and think it right to make it known that the plan as sub¬
forwarded from the Boston office, the greater part of the stock mitted to the American Court was based on a guarantee of its success to
being held in New England. It was observed that Mr. W. H. be given by an association or syndicate, and secured by a deposit of
Vanaerbilt’s name did not appear in connection with any of $2,000,000, and it was only with this condition that the Court approved
of the plan. The failure of such an attempt would injure the company,
these proxies. The explanation of this is that, although known and even
only a partial success might produce financial entanglement
to be a large holder of shares, the books, which have been a ad mischief. We think, moreover, that as the day for the election of
closed for some time, do not yet show the transfers of his stock. the company’s board of directors is at hand, and as numerous share¬
It will be noticed that the resolution authorizing the in¬ holders, including ourselves, have come to the conclusion that a change
is necessary, President Gowen and the present board of directors
crease of the stock does not fix any limit for such increase.
It ought
not further to press such important financial operations until
is understood that the board of directors will use its discretion after the election.”
in making the increase.
Mr. Franklin B. Gowen sent a cable dispatch, January 4, to
Whether it may be necessary, in
order to cover the cost of the several consolidations, to issue Vice-President Keira, of the Philadelphia & Reading Railroad,
an amount of new stock equal to 66 2-3 per cent, as has been
as follows :
Contract signed, and $2,058,000 deposited as guarantee by a good
conjectured, remains to be developed. It is probably safe to
bank, representing the syndicate, which agrees to take at full issue price,
say that the increase will not come up to that figure.
without commissions, all of the deferred income bonds not taken by
The stockholders of the company will hold an adjourned shareholders and bondholders, the latter having the right to apply on
meeting at the office of the company, in this city, on January account of whatever is left by shareholders, who are entitled literally
8, to take any further action that may seem necessary. It was to their strict quota. This insures success, and saves the company over
half a million in commissions.
Prospectus issued here to-night. Sub¬
thought advisable to adjourn to that date, in view of the fact scription opened in London and Paris Thursday. I am satisfied can sell
that seveial of the branches embraced in the consolidation will $20,000,000 part “A” new 5 per cents at 110, and part “B” at par,
hold their annual meeting on January 5, and these meetings which will provide funds to pay deferred coupons, scrip, income mort¬
bonds, arrears, sinking funds of improvement mortgage loan and
might develop something requiring action on the part of the gage
general mortgage loan, Receiver’s certificates and interest arrears. All
of which can be accomplished within four weeks.”
parent corporation.”
Chicago Rock Island & Pacific.—It is positively stated
From London, January 6, the cable dispatch says : “ A prem¬
that this company has purchased the Central branch of the ium of 1XA per cent was bid last evening for Philadelphia &
Union Pacific Railroad, which is to be at once extended to Den- Reading Railway new deferred income bonds.”
yer; but there are no facts known officially.
—The Reading companies have interest falling due in
Columbus & 'Western.—This road, formerly the Savannah January amounting to over $1,400,000. It is announced as the
& Memphis, has been sold to the Central Railroad Company of intention of the Receivers to pay the interest on all the old
Georgia for $700,000. It is 60 miles long, from Opelika, Ala., mortgage sterling scrip and obligations of the railroad that are
to Goodwater, was sold under foreclosure last year, and bought superior to the general mortgage bonds ; also on the Susque¬
hanna Canal bonds; but payment of interest on the general
by the bondholders, who organized the present company.
Denver South Park & Pacific.—It is announced that this mortgage and the Coal & Iron Company’s loans has been
road will hereafter be operated as the Denver South Park & deferred. The amount of interest met is about $500,000.
Pullman Palace Car Company.—In Baltimore, January 3,
Pacific Division of the Union Pacific, that company having
in the United States Circuit Court, in the suit of the Pullman
acquired a controling interest.
Palace Car Company against the Baltimore & Ohio Railroad
Laurens, S. C.—At Columbia, S. C., January 5, the. Laurens
Company,
for an infringement of patent, and' praying for an
Railroad was sold by the Master in Chancery, at public outcry,
injunction
the railroad company, Judge Bond filed the
for $30,000.
Only one bid was made
The property was pur¬ opinion of against
the
Court,
refusing to grant the injunction.
chased by A. C. Haskell, President of the Charlotte Columbia &
St. Joseph & Western.—Default was again made January 1
Augusta Railroad and Vice-President of the Columbia & Green¬
on the St. Joseph &
Pacific bonds of this company. Great
ville Railroad.
indignation is expressed by the stock and bond holders that
Long Island.—The annual report for the year ending Sep¬ they can get no information whatever in regard to the earningstember 30, 1880, as made to the State Engineer, is as follows
of the road or the financial condition of the company.
Even
Receipts—From passengers, $1,169,403 ; from freight, $531,366; the terms of the lease to Union Pacific have never been made
from mails, $17,099 ; from other sources, $94,068. Paymentsknown.
Repeated applications to the officers of the company
Road expenses, $1,365,855 ; road interest, $228,120 ; other items,
and the lessees fail to get any satisfactory answers.
—
“
The
“
“
“
'
$340,579.
Louisville & Nashville.—This railroad company
makes the
following statement of six months business :
$2,206,331
95,342
for 6 mouths ending Dec. 31, 1880
Receipts from other sources
Net earnings
$2,301,673
Interest for 6 months.
.
1,610,000
St. Louis & San Francisco.—A notice was issued to stock¬
holders under date of December 29, 1880', of a special meeting
to be held at the Company’s office in St. Louis, on Tuesday,.
March 1, 1881, at 9 A. M.—
For the purpose of considering and acting upon a pioposed issue by
said company of its consolidated mortgage bonds to an amount not ex¬
ceeding thirty millions of dollars, bearing interest at not exceeding six
“
thirty years, as its
bonds to be secured
owned by said com¬
pany and the franchises and property appertaining thereio, and also
company,
all
the
interest
of
said
now
owned
or
hereafter
to be acquired,
$147,873
Surplus over dividend
in any or all of the lines of railroad now le'ased to or operated by it, or
Northern Pacific.—Messrs. Drexel, Morgan & Co. and asso¬ which may be hereafter leased to or constructed or operated by it, and
ciates announced, Jan. 4, that the subscription secured for the the franchises and property pertaining thereto, or so much and such
Northern Pacific Railroad general first mortgage bonds having parts thereof as its directors may determine; and which said bonds are
to be used, so far .as necessary, to retire or provide for all the bonded
considerably exceeded the amount reserved for this market, indebtedness for which said company is now liable at such times and on
they could receive no further subscriptions except subject to such terms as the board may direct, and after reserving sufficient for
the London allotment, which was to be as soon as practicable such purposes, the residue shall be used for the construction, acquisition
after the closing of the books there, on Wednesday night, the or equipment, or for aiding in the construction, acquisition orequipmeut
Surplus over interest
Dividends payable Feb. 1, 1881, 3 per cent
$691,673
543,900
5th instant.
The cable dispatch from Loudon, January 6, says : “ Ten
million dollars’ worth of Northern Pacific Railway bonds,
issued in London, were covered four times.”
Old Colony.—This
railroad
company
will sell by auction,
cent per annum, and running not less than
board of directors may hereafter determine; said
by a mortgage covering all the lines of railroad now
per
lines of railroad connecting with lines now owned or
operated by it, and to the improvement and equipment of any lines of
road now or hereafter to be operated by it in such manner and to such
of additional
extent as its
board of directors may determine.”
This call is
signed by Gen. E. F. Winslow, the President of
the St. Louis &
San Francisco Railway.
THE
1881.]
January 8,
fixe (E/bmmtvtml
COTTON.
^imes.
Friday, P. M., January 7, 1881.
COMMERCIAL EPITOME.
Friday Night,
The state of
trade is favorable
January 7, 1881.
for the season ; and yet it
that there is a general
mercantile cir¬
The weather is
much less severe, and the obstructions to transportation caused
by the storms of last week have been in part removed ; but
there is heavy ice in our harbor, which causes much delay.
Preparations are in progress for a large spring trade, the season
be noticed as a conspicuous feature
weakening of speculative action and feeling in
cles which has more or less effect upon values.
may
weeks.e
the stocks of leading articles
at dates given :
for which will open in a few
The following is a statement of
of domestic and foreign merchandise
1881.
Jan.
bills.
Pork
Beet
tcs. and bbls.
Lard.......:
foreign
domestic
Coffee, Rio
Coffee, other
Coffee, Java, &c
Sugar....
Tobacco,
Tobacco,
Sugar
Sugar
Melado
Molasses,
Molasses,
Hides
Cotton
Rosin
Spirits
foreign
domestic
turpentine
Tar
Rice, E. I...
Rice, domestic
Linseed
Saltpetre
Jute.:
Jute butts
Manila hemp
tcs.
bales.
Idols.
bags.
bags.
mats.
hhds.
boxes.
bags, <fcc.
hhds.
hluls.
bids.
No.
bales.
bills
bills.
.bbls.
bags.
bbls. and tcs.
bags.
bags.
bales
bales.
bales.
2.
45,534
3,512
41,407
22,488
48,747
95,129
89,000
1880.
Dec. 1.
26,296
3,251
18,044
23,678
1830.
Jan. 2.
74,274
7,427
100,068
25,240
50,203
41,934
137.810
169,640
21,736
7,716
961,400
7,646
223,049
52,400
37,900
33,481
10,673
967,000
660,600
2,423
91,748
178,989
87,710
3,607
103
801
1,251
3,000
1,000
187,900
197,100
112,697
51,425
1,966
3,991
7,000
41,810
151,669
67,298
3,062
1,057
-
•
-*«
149,857
'
56,642
'0,619
558
978
16,950
3,475
1,176
1,900
64,250
7,500
3,500
61,200
45,000
52,625
9,140
11,287
9,800
4,288
None.
8.500
1.650
23.503
20.346
affairs has been brought about
by increased export interest, varied now and then by more
liberal calls from 1*efiners and speculators. The Western
advices show considerable tone. To-day old mess pork was
In
45
CHRONICLE.
provisions a better state of
more active, selling on the spot at $12 75@$13, and new mess
$14; February options quoted at $13 75@$14 50; March, $13 90@
$14. Bacon closes higher, owing to a good export demand for
spot lots; short clear sold at 7*65c., closing with 7%c. bid;
long clear, 7Me. bid. Cut meats have been more active. Lard
The Movement of the Crop, as indicated by our telegrams
from the South to-niglit, is given below. For the week ending
this evening (Jan. 7), the total receipts have reached 110,735
bales, against 196,435 bales last week, 237,980 bales the previous
week and 238,490 bales three weeks since; making the total
receipts since the 1st of September, 1880, 3,564,834 bales, against
3,316,341 bales for the sameperiodof 1879-80, showing an increase
since September 1, 1880, of 248,493 bales.
The details of the
receipts for'each day of this week (as per telegraph) are as follows:
Sat.
Mon.
Tues.
10,513
6,539
3,180
1,051
1,405
890
Receipts at—
New Orleans
...
Mobile
Charleston
Port
1,621
1,044
Royal, &c.
Savannah
....
Galveston
993
Indianola, &c...
Tennessee, &c..
2,531
2,697
Brunswick, &c.
161
....
....
.
1,379
.
Th
5,407
7,057
816
888
1,610
888
606
1,416
....
....
1,131
....
.
....
2,004
3,927
....
....
2,363
1,651
....
....
Wilmington....
....
....
....
10
153
62
....
170
1
Moreh’d
City,&c
Norfolk
2,101
1,500
....
Totals this week 20,294
comparison,
2,990
....
23,421 11,808
13
13
1,788
18,543
528
528
1,151
10,474
775
775
1881.
502
474
474
2,872
14,129
3,944
3,944
table showing this
v
1880.
13,342
Charleston
6,279
8,724
534
801
73
20,694
1877.
49,549
13,237
9,114
2,G31
13,660
10,972
35,422
13,431
10,223
51,031
9,166
.
1878.
1879.
32,657
Royal, &c......
107
totals for the corresponding week*
Mobile
New Orleans
Port
534
12,717
13.397 16.773 25,039 110,735
continue our usual
week’s total receipts and the
of the four previous years:
Receipts this w'k at-
2,315
2,348
....
we
....
....
....
....
....
City Point, &c..
For
534
1
Florida
32,637
9,166
6,279
2,740
....
1,970
3,611
Total.
Fri.
urs.
2,980
2,055
1,560
....
....
1,926
1
....
....
6,224
Wed.
„
22,838
10,200
6,980
402
15,472
22,992
Savannah
12,717
Galveston
18,543
15,016
6,758
528
252
279
185
408
10,487
8,366
2,939
3,397
11,563
1,976
11,511
1,639
2.24S
20,715
3,588
7,509
14,129
3,944
33,426
1,368
2,699
13,171
2,898
110,735
149,486
131,091
142,099
Indianola, &o
Tennessee, <fco
775
Florida
976
North Carolina
Norfolk
City Point, &o
Total this week
...
12,173
791
2,383
10,230
427
101,132
Total since Sept. 1. 3,564,834 3,316,341 2,840,382 2,640,769 2,773 363
opened firm, and a slight advance subsequently took place;
prime Western, 9’12>i@9T5c., a small lot selling at the latter
The exports for the week ending this evening reach a total of
price; do., to arrive, Western weights, sold at 9@9*02/£c. for
future delivery; February options, realized 9T5@9*17 ^c.; March, 116,644 bales, of which 65,994 were to Grreat Britain, 7,806 to
9'22^g@9'25c.; seller year, 9'07/^c.; April quoted, 9‘30@9'32^c.; France and 42,844 to rest of the Continent, while the stocks as
refined to the Continent, 9%c., after selling at 9,30c. I3eef made up this evening are now 920,157 bales. * Below are the
firm at $19@$21 for extra city India mess. Beef hams in small exports for the week and stocks to-night, and a comparison with
sale at $17 50 Butter has been weak.
Cheese steady at 9%@ the corresponding period of last season:
s
13Mc. for State factory. Tallow more active at Q%c.^
£tock.
Same
EXPORTED TO—
Total
Week
Rio coffee at one time ruled firm at 13/£c. for fair cargoes,
Week
this
Conti¬
ending
Oreat
with a pretty good demand; but latterly there has been a
1881.
1880.
1880.
Week.
France.
nent.
Britain.
Jan. 7.
decline to 13/£e., owing mainly to rather liberal arrivals and
12,781 289,142 324,237
some falling off in the trade; mild grades have sold fairly, and
30,391
11,360
N. Orl’ns
19,031
4,543 65,233 71,818
in the for^ part of the week were firm, but the prices current Mobile..
5,561
2,506
3,058
6,395 82,061 64,192
then are ;little better than nominal now. To-day the coffee Cbarl’t’n
20,904
10,973
1,220
8,711
19,634
105,410 71,163
market was dull and nominal. Rice has been in fair demand Savan’h.
19,520
12,029
7,491
116,830
75,423
5,520
at prices ranging from 4%c. to 7c. for common to choice Caro¬ Galv’t’n18,510
4,998
6,218
7,294
193,361
158,224
lina and Louisiana. New Orleans molasses has met with a N. York.
1,441
978
9,669
; 363
8,323
38,757 49,542
10,011
pretty brisk demand within the last few days and prices have Norfolk- 10,011
advanced; to-day there was a good business at firm prices. Tea, Other*..
6,690 64,500 53,000
2,075
2,075
at two large auction sales, sold at lower prices in most
instances. Spices have been quiet. Raw sugar has been very Tot. this
57,559 920,157 907,791
7,806 42,844 116,644
65,994
week..
firmly held, especially centrifugal and good muscovado, the
supply of which has been moderate. To-day fair to good refin¬ Tot.sinee
ing muscovado was quoted at 7 11-16@7 13-16c., and centrifugal
1337,584 273,419 503,010 2124.013 1779,136
of 96 degrees test at 8 9-16c.
Refined has been active and firm, Sept. 1
The exports this week under the head of “ other ports” include, from
and closed at 10c. for crushed and powdered and 9%c. for
Baltimore, 400 bales to Liverpool; from Boston, 1,3*25 bales to Liver¬
granulated.
pool; aud from Philadelphia, 350 bales to Liverpool.
Kentucky tobacco remains very quiet, the sales reported for
From the f oregoing statement it will be seen that, compared
the week amounting to only 100 hhds. Prices, however, are
with
the corresponding week of last Season, there is an increase
firmly maintained. Seed leaf has been more active, and the
sales for the week are 1,198 cases, as follows : 500 cases 1879 in the exports this week of 59,085 bales, while the stocks to-nighfc
crop, Pennsylvania, 12c. to 40c.; 360 cases 1879 crop, New are 12,366 bales more than they were at this time a year ago.
In addition to above exports,’ our telegrams to-night also give
England, 11c. to 37>ic.; 238 cases 1879 crop, State, private
terms and 10c. to 15c.; and 100 cases 1879 crop, Ohio, private us the following amounts of cotton on shipboard, not cleared, at
terms.
the ports named. We add similar figures for New York, which
Also, 800 bales Havana, 82/£c. to $1 20c.
The naval stores market has latterly been quiet, but no quot¬ are prepared for our special use by Messrs. Carey, Yale
able changes in values have occurred. Spirits turpentine, in Lambert, 60 Beaver Street.
,
.yard, 48c.; strained to good strained rosins, $1 80@$1 90. Pe¬
On Shipboard, not cleaned—for
Leaving
troleum has declined in the absence of export demands ; refined
Stock.
Coast¬
Other
Jan. 7, at—
Total.
Great
for export, 9/£c., and for the home trade, 11c. In crude certifi¬
France.
wise.
Foreign
Britain.
cates a good speculation has been developed, and advanced
rates have been obtained, closing at 95c. bid, after selling at
690
85,546 203,596
56,558 17,616 10,682
New Orleans
35,883
29,350
None.
5,700
7,950
96Mc. Hops have latterly been quiet and unchanged. Ameri¬ Mobile
15,700
71,411
10,650
UH)0
4,050
1,800
3.809
can pig iron lias latterly been more active, fully 4,000 tons sell¬
Onarleston
73,010
32,400
4;r,oo
14,300
2,600
11,000
67,427
49,403
5,116
ing at current rates. Scotch pig continues dull and unchanged. 8avannah
10,572
3,711
30,001
6.300 151,924
None.
In steel and iron rails a better business has been done, repre¬ Galveston
500
Noue.
5,300
New York
74,257
29,000
1,000 ; 8,000
20,000
senting 11,000 tons steel at $57 50 for Amer. at the mill and $61 Other ports
for English to arrive. Ingot copper firm atlO^tSdOM0* for Lake.
242.649 677.508
142,362 1 33.677 46.^04 19;306
Total
In ocean freight room -business has latterly been slow, and
Included in this amount there are 500 bales at presses for foreign
although rates for berth tonnage have ruled steady, the rates
’/•-**
charter room have been depressed by more liberal arrivals.. ports the destination of which we canot learn.
....
....
....
-
....
....
—
-----
•
•
•
\
*
•
*
•
*
THE CHRONICLE.
46
The
usual table showing the movements of
ports from Sept. 1 to Jan. 1, the latest mail date:
following is
cotton at all the
co
p
our
®
Ohd®2:
CD
O
•
JSepl. 1,1880 Receipt8
since Sept.
to January 1,
1, 1880.
1881.
Galveston
376,584
Indianola, &c
10,541
New Orleans..
812,495
Mobile
248,853
17,256
615,825
4,131
452,055
37,601
91,279
21,944
Florida
Savannah
Brunsw’k, Ac
Charleston
....
Pt.
Royal,Ac.
Wilmington....
Moreh’d C,Ae
472,269
Norfolk..
Exported since Sept. 1, 1880, to—
55,343
New York
60,627
Boston
Baltimore
13,001
18,943
Philadclp’a}Ac.
1.
Jan.
Total.
112,796
41
......
......
612,572 290,778
24,c6G 67,430
358,937 161,314 122,291
1,063
21,299
2,004
......
......
......
......
......
40,113
117,470
18,797
45,589
......
......
2,850
......
......
......
22,351
38,924
195,198
®
o
......
...
.
.
-
48,046
•
160,014
36,652
51,696
21,187
......
221,289 154,835
36,652
2,888
63,016 37,551
21,237 12,794
ll,32t
5<
Total
3,454,099 1,271,590 270,613 465,161 2,007,369 968,121
Total 1879.
3,120,871 1,129,063 168.219 385,181- 1,682,470 879,342
The market for
futures, though not active, showed an upward
tendency from the opening on Monday to about noon on Wednes¬
day, ana, though fluctuations were frequent, the aggregate ad¬
vance from the close on the previous Friday amounted to 18
points for January and 10@14 points for the later months. This
advance was caused by the very bad weather at the South and
the decidedly smaller receipts, not only at the ports, but at the
interior towns. The speculation, however, was slow and fitful.
The slight sympathy which it exerted upon foreign markets was
soon lost, and yesterday, under a declining market at Liverpool,
the movement seemed to have
wholly subsided, and very mod¬
erate offerings were sufficient to carry prices back to a few points
under the closing figures of Friday. The smaller receipts were
attributed to the bad roads, and it was asserted that what does
not come forward now will swell the receipts hereafter. To-day
there was a steadier but dull market. Cotton on the spot, though
quiet, has ruled firmer, quotations being advanced l-16c. on
Tuesday. There were very large deliveries on January con¬
tracts during the early part of the week. To-day the market
was quiet at 12c. for middling uplands.
The total sates for forward delivery for the week are 442,300
bales, including
free on board. For immediate delivery
the total sales foot up this week 3,527 bales, including 972 for
export, 2,373 for consumption, 182 for speculation and
in
transit. Of the above,
bales were to arrive. The followng are the official quotations and sales for each day of the
past week:
'
UPLANDS.
Jaw. 1 to
Jan. 7.
Sat.
81&16 9
90s
9916
1O910 1050
Ordin’y.tfft
Btrict Ord.
Good Ord..
Btr.G’dOrd
Bow Midd’c
Btr.L’w Mia
10^16
Holiday
Middling...
Good Mid..
Btr.G'd Mid
H916
Ul3ie
11
12
127ig
l-2lli6
Midd’g Fail
11
111*3
11^4
«16
Holiday
128a
12^4
13H
13316
131316 1370
Fair
Wed
Ordin’y.©lb
Tift.
9
9
9
9
9^8
1050
95g
1050
11
11
Middling... 12
Good Mid
12L?
12
12
128a
12^
13 k
1283
12^4
1314
1370
137b
..
Midd’g Fair 13*4
Fair
1370
.
Wed
Fri.
Btrict Orel.. 95q
Good Ord.. 1050
Btr. G’d Ord 11
Bow Midd’g U»l«
Btr. 17 w Mia lll1316
Btr. G’d Mid 12^4
TEXAS
NEW ORLEANS.
Mou Tuea
Sat.
934
10%
11%
Mon Toes
Sat.
81516 9
9llio 9%
10H16 10%
IU16 11%
11%
111316
12
12*16
12316 12%
121116 12%
12J%g 13
137ig 1382
14116 14%
Tb.
jHoliday
Mon. Tue*
816W
91%6
12
9%
10%
9%
10%
11%
11%
12%6
123io 12%
121116 12%
121516 13
137ig 13%
141ig 14%
Tb.
9
9
9
9%
10ll16 10%
1H,6 11%
11%
liiGie
Wed
Fri.
9
9
9%
10%
11%
9%
10%
11%
Fri.
9
Good Ordinary
Strict Good Ordinary
Jjow Middling
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
13
13
13
13
13
13
1383
14%
1383
14%
1383
14%
1382
1383
14%
13%
14%
$ lb.
Holi
day.
Mlddltne
14%
Bat..
Mon.
Tnee.
Wed.
Thun
Wri..
port.
Quiet and steady
Steady at Lead*
Firm
Quiet
381
440
399
497
656
332
150
490
ll%«
11516
11516
H°16
FUTURES.
Quiet
972
Total
2.373
82
....
m
m
^
m
,
....
182
Sales.
day..
....
....
Deliv¬
eries;
90,300
400
872 84.400
631 70,700
987 105,300
656 91,600
2,200
1,200
1,100
3.527 442.300
5,400
381
100
500,
The daily deliveries given above are actually delivered the day pre¬
vious to that on which they are reported.
Futures
12-70,;
ol
o
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XT'
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11-85,100 at 11 92, 800 at 11-90,
at 11*90, 100 at 11*93, 400 at 1195, 100 at 11*85,
Includes for October, 1881,100 at
500 at 11-98,1,000
at
Fri.
8”16 8Hi6
9910
9«16
9916
107i« 10716 107l« 1071g
ConSpec- Tran¬ Total.
sump. uVVn sit.
Holi
^ :
2
71
bt
PC*
9°ic
SALES OP SPOT AND TRANSIT.
Ex¬
:
:
a:
P‘3 ■
p
©§
V*
.
ft*
Sihe
Tift.
MARKET AND SALES.
SPOT MARKET
CLOSED.
£>3 ;
^
1,000 at 11-84, 700 at 11-88. 400 at 11*89, 000 at 11-90, 500 at 11-60,
1.500 at 11-62, 500 at 12-76, 200 at 11-70, 300 at 11*71, 500 at 11-73.
200 at 11-75, 200 at 11 80, 100 at 11*83. 100 at 11-84, 200 at 11*88, 100
Mon rues Wed
8%
9*2
1030
11*4
CC ^ •
©
-i
.
P-gSL
p.P*t>-d
En,:
d p . g
d
CD
«>
©
9%
10%
11%
12%
12%
Sat.
:
® -
a
§
-X)
O
11*16 11*16 1lialG lli»i« H13ig U1316 111316 11*316
111316 111316 121ie 12116 12%g 12%g 12%6 12%6
BTAINED.
.
p
pc©
P75
25-',639 100,835
485
28,427
55,165 11,428
193,048
d.£*P P
I
&
p
»<t
o (t
ts-® CD
w
p.p'rd
»:
®
&.
5® V*i
sras.d
p
FT ^
QO
00
cj ® Cl
d-® CD p
cc
►-•(CO)®
CD
O.
OQ
v* 'd c m
d tfi -
fV.
p
£
ChrtODo
HE-®
o
d
PK
.
5
jc ® ®
r-P n-«
P Ch
i
......
95,056
9,630
8,132
1,444
is;
......
......
......
s'
CD *
n. Pc'
d
293,829 121,389
23,205 13S,6G9
131,955
&
W*
170,129 119,620
40,031
17,302
CO
®
*3
nent.
Britain.*
142,352
City Point,Ac
Conti¬
France.
®
tr® ® c.
P Cl
jr*
a>
c
S’
o
Stocks
Great
S*® 31
E3
sa
£* ess?
rT®*3
®,3
a> o
CD
Movement from
ivot. xxxu.
shown by
11-81,100 at 11-83, 500 at 11*81, 500 at 11*83, 100 at 11
75, 500 at
11-64, 100 at 11*70, 100 at 11-74, 400 at
100 at 11-70, 100 at 11*72, 100 at 11*73; for November, 1881,
300 at 11-61, 100 at 12 66, 200 at 11*53, 100 at 11-55,100 at 11-59,
100 at 11*57, 200 at 12-59, 100 at 11*40; also sales in September for
September, 621,400; Sept.-Oct. for Oct., 946,500; Sept.-Nov. for Novem¬
ber, 762,100; Sept.-Dee. for December, 1,464,500.
11-71, 100 at 11-65, 100 at
A Includes for
B Includes for
October, 1881,100 at 11-72.
October, 1881,100 at 11-80, 200 at 11-80,100 at 11*79,
1.500 at 11*80; for November, 1891, 300 at 11*50,100 at 11-51.
C Includes for November, 1881, 200 at 11-50.
D includes for October, 1881, 200 at 11-70 ; for November, 1881, 200
at 11-45; for December, 1881, 200 at 12.41.
Orders—Monday, 12;
Thursday, 11-95; Friday, 12.
Transferable
Tuesday,
1210;
Wednesday,
Short Notices for January—Monday, 12®12-03; Tuesday, 12;
day, 11*92.
The following exchange has been made daring the week:
13 pd. to exch. 100 Jan. for Feb.
Fri¬
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
the fellowcomprehensive table. In this statement will be found the
4iuly market, the prices of sales for each month each day, and
brought down to Thursday evening; hence, to make the totals tm
losing bids, in addition to the daily and total sales.
The Sales
and
Prices
op
are
January 8,
THE CHRONICLE.
1881.J
complete figures for to-night (Jan. 7), we add the item of exports
from the United States, including in it the exports of Friday only:
Stock at Liverpool
Btock at London
1881.
490.000
bales.
1880.
524.000
31,000
51,284
1879.
The above totals show that the old interior
stocks hare de¬
creased during the week 8,715 bales, and are
to-night 26,690
bales less than at the same period last
year. The receipts at
the same towns have been 11,128 bales less
than the
1878-
407,000
49,250
385,0i0
15,000
456,250
403,000
140.000
last
’
Total Great Britain stwk
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other oonti’ntal ports.
524,000
89,900
6,800
24,700
2,000
21.500
10.000
3.000
5,320
2,772
4,750
6000
Total continental ports....
167,570
120,903
176.000
266.500
Total European stocks..
India ootton afloat for Europe.
691.570
85,000
7*20.000
23.000
9.0.157
177,290
20,000
696.187
55.486
632,250
666,500
62.000
476.515
28.408
907.791
203.980
609,000
22.000
859.822
158.565
47.000
623.000
28.000
888.112
145 490
5,000
21,000
21,000
.
..
Amer’n cotton afloat for
Eur’pe
Egypt,Brazil,&e.,attt for E’r’pe
Stock in United States ports
Stock in U. 8. interior ports..
United StPtes exports to-day..
..
.
3.000
26.400
8.700
1,850
575,284
55,720
1,324
14.143
2.000
11.401
32,232
1,006
900
89,750
2,500
6.000
40,900
7.000
3 4.500
2 4.750
8.750
<35,000
Week
Continental stocks
i.
American afloat for Europe....
United States stock
United States interior stocks..
United States exports to-day..
920.157
177,290
387,000
GO,000
476,515
907,791
009.000
859.822
203.930
888,112
158,565
145,490
20,000
5,000
21,000
21,000
720,000
285,000
129,000
Oct. 22
•%
Nov.
218,000
205,OOu
623.0* >0
333.081
302,250
“
12
19
DOC.
44
23
3
10
it
1?
II
24
44
31
Jan.
7
....
102.230 214,461 236.341
r30-’8J*
J267,21L
97,887
95,993 152,7. *5 180,526 229,2*7
157.230 245.613 254.830 115.034 115,'35 179,670 174,42?
265,355 281,741
182.374 225.087 *251.768 149,498 133.905 204,759 217,338 243.257
876.851
170.004 220,216 215.842 171,583 137,120 227,135 201,089
181,376 218,408 256.618
184,625 249.152 205.192
220.743 316,107 *218,341
2*20.291 234.876 213.137
204,882 218.907 238,490
199,931 207.601 237.980
188,491 218.993 242.326 195,284
205,912 204,183 247.911 202.016
236,280 287,109 248,865 251,116
259.129 317,468 265.27- 243.140
280.957 343.503 294,224 226,710
294.231 364.920 310,015 213,305
143,155 154.306 190,435 281.634 355,943 321.225 130,508
121.091 149 486 110 735 253 f*4 * 319 859
300,5 9
273,437 238,218
250.280 271,809
294.3:7 210;777
230,093 219,295
265,235 259.548
244,942 207,438
229,024 253.771
145.323 207,015
93,104 143 402 90.013
The above statement shows—
1. That the total receipts from the
plantations since Sept, 1 in
1880-81 were 3,844,400 bales; in 1879-80 were
3,658,899 bales;-in
1878-79 were 3,088,377 bales.
....
339,570
5
Stock at Interior Ports Rec’pts from
PlanVns.
’78-'79. ’79-80. 8 )-’8l. ’78-’79. ’7JVS0 ’30-’31. •78-’79.
;
29
it
II
Total American
....2,297,447 2,040,316 2,062,387 2,100.602
East Indian, Brazil, <kc.—
Liverpool stock
122,000
137,000
122,000
167,000
London stock,
34,000
51.284
49,250
15,"00
Continental stocks
75,570
60,903
47,000
61,500
India afloat for Europe
85,000
55,486
62,000
47,000
Egypt, Brazil, &c., afloat..
23,000
28,408
22,000
28,000
Total East India, &o
Total American....
Receipts at the Ports.
ending—
Total visible supply
2,G37,017 2,373.307 2.364,637 2.419.102
aoove. the totals of American and other descriptions are as follows:
American—
363,000
92,000
week
RECEIPTS FROM PLANTATIONS.
Of the
Liverpool stock
same
year.
Receipts from the Plantations.—The
following table in
prepared for the purpose of indicating the actual movement each
week from the plantations.
Receipts at the outports are some¬
times misleading, as they are made
up more largely one year
than another, at the
expense of the interior stocky. We reach,
therefore, a safer conclusion through a comparative statement
like the following. In
reply to frequent inquiries we will add
that these figures, of course, do not
include overland receipts or
Southern consumption; they are
simply a statement of the
weekly movement from the plantations of that part of the
crop
which finally reaches the market
through the out-ports.
4,000
3.000
47
318.500
2,297,447 2,040,316 2,062,387 2,109,602
2.
That, although the receipts at the out-ports the past week
110,735 bales, the actual movement from plantations was
only 90,019 bales, the balance being drawn from stocks at the
The above figures indicate an increase in the cotton in
sight
to-night of 263,620 bales as compared with the same date of 1880, interior ports. Last year the receipts from the plantations for
the same week were 143,402 bales ana for 1879
an increase of 272,380 bales as
they were 93,104
compared with 1879 and an in- bales. crease of 217,915 bales as
compared with 1878.
In the preceding visible supply table we have heretofore
Weather Reports by Telegraph.—The weather the
only
past week
included the interior stocks at the seven
original interior towns. has been cold and wet. In
As we did not have the record of the new interior towns for the
many sections the roads are so
wretched as to delay the marketing of the
four years, we could not make a
crop.
comparison in any other way.
That difficulty no longer exists, and we therefore make the fol¬
Galveston, Texas.—We have had hard rains on two days the
lowing comparison, which includes the stocks at the nineteen past week, the rainfall reaching one
inch and fifty-four hun¬
towns given weekly in our table of interior stocks instead of
only
dredths.
The
thermometer
has
the old seven towns. We shall continue this double statement for
ranged from 25 to 52, averaging
a time, but
shall simply substitute the nineteen towns for 42. There have been killing frosts on three nights. Because of
finally
the seven towns m the preceding table.
the continued wretched weather
very little out-door work has
American—
1881.
1880.
1879.
been done anywhere in the State. The remnant of the
1878.
crop un¬
Liverpool stock
bales 363.000
387,000
285,000
218.000
Continental stocks..
92.000
60,000
129,000
205,000 picked is generally deemed hopelessly lost.
American afloat to Europe.... 720,000
476.545
609,000
623,000
The annual rainfall at Galveston for the past nine
United States stock
920.157
years was as
907,791
859,822
8 ><8,112
United States interior stocks.. 300.509
follows:
For 1880, 50’97 inches ; 1879, 26*90 inches;
349,859
253,647
236,293
1878, 60*90
United States exports to-day...
20.000
5.000
21,COO
21,000
inches; 1877, 66*87 inches; 1876, 50*92 inches; 1875, 58*48
Total American
2 ,420,666 2,186,195 2,157,469
2,191.405 inches; 1874, 49*58 inches; 1873, 58*91 inches; 1872, 41*72 inches*
East Indian, Brazil, <Zc.—
Liverpool stock
122.000
Indianolat Texas.—There have been showers at this point on
137,000
122,000
167,000
London stock
34.000
51,234
49,250
15,000
two
Continental stocks
days, the rainfall reaching eighty-one hundredths of an
75.570
60,903
47,000
61.500
India afloat for Europe
85,<>00
55,486
(52,000
47,000 inch.
Average thermometer 39, highest 50 and lowest 21.
Egypt, Brazil, Ac., afloat
23,000
28,4C8
22,000
28,000
Weather still very cold, and work suspended.
:
Total East India, &c
339,570
333,081
302,250
318,500
The annual rainfall at Indianola for the; past eight
Total American
years was as
.2,,420,666 2,186,195 2,157,46!) 2,191,405
follows: For 1880, 46*10 inches; 1879, 26*72 inches; 1878, 37*74
Total visible supply
2,760,236 2,519,276 2,459,719 2.509,903
inches; 1877, 42*67 inches; 1876, 32*14 inches;: 1875, 35*39
These figures indicate an increase in the cotton in
sight to¬ inches
night of 240,960 bales as compared with the same date of 1880, an
; 1874, 43*06 inches ; 1873, 43*27 inches.
increase of 300,517 bales as compared with the
Corsicana, Texas.—It has rained hard on three days the past
corresponding
date
of 1879 and an increase of
250,331 bales as compared with 1878. week, the rainfall
reaching one inch and three hundredths. The
At the Interior Ports the movement is set out in detail in
of
the
week
balance
has been terribly cold, and work was impos¬
the following statement:
sible. Average thermometer 35, highest 48 and lowest 17.
Week ending Jan. 7, ’81.
Week ending Jan. 9 *80.
The annual rainfall at Corsicana for the past six years was a3
: For 1880, 42*06 inches ; 1879, 36*19
follows
inches; 1878, 39*06
Receipts. Shipm’ts Stock.
Receipts. ShipmHs Stock.
inches; 1877, 43*89 inches; 1876, 33 69 inches; 1875, 32*11
839
Augusta, Ga
Total visible supply
2,637,017 2,373,397 2,364,637 2,419.102
Price Mid. Upl., Liverpool—
64td.
7ii6d.
5^1(id.
63a ■.
Columbus, Ga..
.
Macon, Ga
Montgomery, Ala
707
757
Selma, Ala
1,644
Memphis, T**nn..
Nashville, Tcnn.
4,977
Total, old ports.
12,263
Dallas, Texas
Jefferson, Tex
Shreveport, La...
..
Vicksburg, Miss
.
Columbus, Miss..
275
27,751
1,919
24,309
1,236
10,217
2,039
11,254
1,426
10,068
11,405
80,919
2,678 '12,772
1,612
1,727,
20,978 177,290
391
1,491
991
674
1,560
1,979
5,170
9.243
2,139
2,248
8,286
453
816
354
7.177
627
4,290
Eufaula, Ala
571
Atlanta. Ga
144
683
2,222
1,498
1,668
17,721
5,041
10,926
Griffin, Ga
Rome, Ga
Charlotte; N. C..
St.
Louis, Mo.....
Cincinnati, 0..
..
Total, newp’rts
320
.
3,791
146
11,981
13,292
840
15,484
41,027
13,080
34,197
46,198 123,219
15,290
2,909
3,040
4,046
inches.
17,661
20.72*
7,453
15,574
15,975
3.022
1.000
were
Dallas, Texas.—We have had hard rains on three days the
past week, and sleet, snow and ice in abundance. We are still
4.528
2.2 46
in the Arctic regions, and all work has ceased.
2.829
Immigration
10,534
7,745 112,045 very heavy, and much
suffering among the poorly-provided
1,517
14,544
2,609
immigrants. The thermometer has averaged 35, with a range
23,391
25,779 203,980 of from 17 to 48, and the rainfall has reached one inch.
;
Brenham, Texas.—It has rained hard on two days, the rain¬
314
271
3,034 fall reaching one inch, and the balance of the week has been
500
500
450
2.585
1,5d0
17,483 very cold, the thermometer averaging 38, and ranging from 20
3,720
to 50. Very little work doing.
4,601
7,425
1.408
1,690
4,964
WacOy Texas.—There, have beep hard rains: on two days the
936
3.595
1,066
past
week, and it has been very cold, with snow, sleet. and ice.
5 GO
276
3,612
Work still suspended. ; Average thermometer 37, highest 49
1,600
1,596
11,900
1,783
2,4S0
6,245 and lowest 19, and rainfall one inch.
452
76
1,883
New Orleans, Louisiana.—We have had rain on five days
14,860
14,383
71,384
19,579
23,504
13,899 the past week, the rainfall reaching three inches and eightytwo hundredths. The thermometer has averaged 44.
During
48.297
51,993
873
2,272
'
145,879
the month of December the rainfall was six inches and forty-fiVd
all....,.J 46 460 .67,176 300 =509 71.688 77.772 349.«59 hundredths.
V
j \ •
* .
.IShreveporty
Louisiana.—We
had
a rainfall of fifty-eight
‘Reduction
of
stock
caused
mainly
by:
local
consumption,
taking
*jV'lD"l)ulC8'.
hundredths of an inch the first part of the past week, and the
_
Total,
-
-
--
•
•
• -
.
^..
n
•
,
portion has been cloudy. Roads continue in a very bad
condition. Average thermometer 33, highest 47 and lowest 23.
Vicksburg, Mississippi.—It has rained during the past week
on three days.
The weather has been cloudy but cold.
Columbus, Mississippi.—There has been no rainfall here
during the week. The thermometer has averaged 22, the highest
latter
being 70, and the lowest 12.
Little Rockf Arkansas.—There has been only one clear
the past week. The remaining six days have been cloudy
an
figures.
same
day
inch.
clear days, but the remainder of the
week was cloudy, with snow on one day and rain on one day. The
thermometer ranged from 3 to 41, and averaged 22. The rain¬
fall reached forty-seven hundredths of an inch.
During the month of December the thermometer averaged 35,
with an extreme range of from 3 to 68, and the rainfall reached
two inches and twenty-nine hundredths. Snow fell on three
days and rain on seven days.
Rashville, Tennessee.—Rain has fallen during the week on
three days, to a depth of forty-three hundredths of an inch.
Average thermometer 31, highest 42 and lowest 9.
Memphis, Tennessee.—It has rained on four days the past
week, the rainfall reaching twenty-four hundredths of an inch.
Average thermometer 32, highest 45 and lowest 13. Tennessee
and Mississippi, seven-eighths picked ; Arkansas, three-quarters.
Mobile, Alabama.—It has rained constantly on two days
and been showery two days, the rainfall aggregating two inches
and ninety hundredths, and the balance of tiie week has been
cloudy. We are having too much rain, and it is retarding
receipts. The weather lias been too cold, the thermometer aver¬
aging 42, and ranging from 20 to 57.
Montgomery, Alabama.—Rain has fallen on four days the
past week to a depth of fifty-nine hundredths of an inch. The
thermometer has ranged from 14 to 61, averaging 38. The
weather has been too cold, but has moderated since Wednesday.
The cause of the small receipts this week is the impassable
Ports.—The figures which
and forwarded by cable each Friday, of
India Cotton Movement from all
collected for
are now
and
disagreeable, with a light sprinkle of snow or sleet on three days
and rain on one day. The thermometer has ranged from ,17
to 38, averaging 30, and the rainfall has reached twenty-five
hundredths of
need for actual requirements, preferring to come into market
and take their chances. The sales have been about 3,000 bales,
while for the past month the transactions are 25,000 bales spot
and to arrive at 2;J£@2%c., and at the close sellers are quoting
us,
Carwar, &c.,.
shipments from Calcutta, Madras, Tuticorin,
the
enable.us, in connection with our previously-received report from.
Bombay, to furnish our readers with a full and complete India
movement for each week.
We first give the Bombay statement
for the week and year, bringing the figures down to Jan. 6.
BOMBAY RECEIPTS AND
Last week there were two
G^eat
Brit'n.
1881
5,000
5,000
1880
1879
1878
4,000
3,000
Conti¬
nent
Total.
Great
Conti¬
Britain
nent.
5.000
4.000
3,000
6,000
6,000
6,000
2,000
3,000
This
Total.
Week.
Since
Jan. 1.
16,000
12,000 16,000
6,000 11.000
6.000 13,000
6,000 11,000
7.000
1.000
2,000
3,000
5,000
7,000 12,000
1,000
Iteceipts.
Shipments since Jan. 1.
Shipments this week.
Year
SHIPMENTS FOR FOUR YEARS.
11,000
13,000
11,000
According to the foregoing Bombay appears to show an
compared with last year in the week’s receipts of 5,000*
bales, and an increase in shipments of 6,000 bales, while theshipments since January 1 show an increase of 6,000 bales.
The movement at Calcutta, Madras, TuticcVin, Carwar, &c., fer¬
tile same week and years has been as follows.
increase
CALCUTTA, MADRAS,
Shipments since January 1.
Shipments this week.
Year.
Conti¬
Great
Britain.
1881
1880
1879
1878
KURRACHEE.
TUTICORIN, CARWAR. RANGOON AND
16,000
3,000
16,000
3,000
4,000
9,000
4,000
13,000
Conti¬
Great
Britain.
Total.
nent.
22.000
32,000'
6,000
8,000
22,000
16,000
16,000
3,000
4,000
9,000
32,000
6,000
8,000
Total.
nent.
3,000
4,000
13,000
from’
26,000
bales
more
than
for
theroads.
same week last year.
For
the
whole
of
India,
therefore,
the
total
Selma, Alabama.—It has rained on four days, and the bal¬
shipments this week and since January 1, 1881, and for the cor¬
ance of the week has been cloudy, but at the close there has
been a favorable change. Small receipts this week are owing to responding weeks and periods of the two previous years, are asfollows.
heavy rains and bad roads.
EXPORTS TO EUROPE FROM ALL INDIA.
fell
of
Madison, Florida.—Rain
the earlier part
the past
1879.
week on two days, but the latter portion has been clear and
1880.
1881.
pleasant. Average thermometer 46, highest 55 and lowest 37. toShipments
Since
This
Since
alt Europe
This
Since
This
Jan. 1.
Competition for labor is running up the rate of wages.
week.
Jan. 1.
week.
Jan. L
week.
from—
Macon, Georgia.—The weather the past week: was rainy
6,000
6,000
6,000
6.000
until Thursday morning; since then it lias been pleasant, but Bombay
12,000
12,000
8,000
8,000
6,000
6,000
3z,000
32,000
All
other
think it will rain again to-niglit, being now cloudy. The ther¬
p’rts.
mometer has averaged 34, the highest being 58 and the lowest
14.000
12.000 14,000
44,000 12,000
41.000
Total
10, and the rainfall has reached. one inch and lifty-two hun¬
dredths.
This last statement affords a very interesting comparison of theColumbus, Georgia.—It has rained on one day the past total movement for the week ending Jan. 6, and for the threeweek, the rainfall reaching one inch. The thermometer has years up to date, at all India ports.
averaged 41.
Alexandria Receipts and Shipments.—Through arrangements
Savannah, Georaia.—We have had rain on four days, with
we have made with Messrs. Davies, Benaclii & Co., of Liverpool
a rainfall of two inches and twenty-nine hundredths, and the
balance of the week has been cloudy
Average thermometer 43, and Alexandria, we now receive a weekly cable of the movementsof cotton at Alexandria, Egypt. The following are the receiptshighest 64 and lowest 23.
and shipments for the past week and for the coi responding week
Augusta, Georgia.—It has rained heavily on four days, the
rainfall reaching two inches and forty-seven hundredths, but as of the previous two years.
the week closes there has been a favorable change in the weather.
Alexandria, Egypt,
1978-79.
1879-80.
1890-SI.
About all the crop of this section has now been secured. The
Jan. 6.
cause of the small receipts this week is the recent bad weather
and the condition of the roads. Average thermometer 37, high¬ Receipts (cantars*)—
70,000
140,000
170.000
This week—
The above totals for this week
the ports other than Bombay is
show that the movement
*
1
.
xxxilE*
rvoL.
the: chronicle.
48
est 59 and lowest 15.
Since
Carolina.—We have had rain on four
days the past week, with a rainfall of one inch and fifteen hun¬
dredths. The thermometer has averaged 41, the highest being
Charleston, South
61 and the lowest 30.
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
January 6, 1881, and January 8, 1880.
Jan. 6, '81.
Jan. 8. ’80.
Feet.
New Orleans
Below high-water mark
Memphis
Above low-water
Above low-water
Above low-water
Above low-water
Shreveport....
Vicksburg
..
mark...
9
3
Inch.
11
O
6
4
mark... 12
11
mark... Missing.
mark...
Feet. Inch,
6
2S
15
3
35
O
11
4
7
11
reported below high-wrater mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
Overland Cotton, Amount in Sight, &c.—Our readers will
find in our editorial columns to-day our monthly statement of
the overland movement to January 1. We give in same article,
New Orleans
weight of bales, &c.
Gunny Bags, Bagging, etc —Bagging has not improved and
but little inquiry is reported. Buyers are only taking small
parcels at the moment, and the market is nominal at unchanged
figures. Dealers are not forcing goods, and are looking for a
better demand later on. We quote 9%c. for 1% lbs., 9%@10e.
fur 2 lbs. and 11c. for standard quality. Butts are also quiet, but
there is not enough stock in the market to cause anv weakening
in prices, and holders are not anxious sellers.
The stock on
hand at present is about 40,000 bales. Buyers are not anxious
to 1ay in any future supplies, and are only taking what they
A. cantar is 98
Sept. 1.
5,096
96,139j
262,189'
Sept. 1.
5,000
4,000
82,000
33,500
9,000 115,500
lbs.
This statement shows that the
Jan. 6 were 170,000 cantars and
receipts for the week ending
the shipments to all Europe
11,832 bales.
jjr^= In this year’s total exports there was an
by adding the week’o figures to last year’s totals.
were
error last week, made
Market.—Our report- received from Manchester
states
that prices are higher for both twist and shirt¬
to-night
ings, and that the market is firm at the advance. We give theprices of to-day below, and leave previous weeks’ prices for
comparison:
Manchester
1879-80.
1880-81.
32s Cop.
Twist.
also, cotton in sight,
Since
.
Since
This
week.
5.000 163.000
11,832 165,122 10,096
Total Europe
*
Th is
week.
Since
Sept. 1.
8,000 121,000
3,832 44,122
To Liverpool
To Continent
1,145,000
2,575,000
1.865,500
This
week.
Exports (bales)—
The
Nashville
Sept. 1
d.
9!4@10
9*4® 10
9*4® 978
95s®10
d.
s.
6
6
6
6
6
958^10
9L>@ 9 7h 6
7
9»8@10
“
7
24! 95«a>10
“
7
31
9582)10
Jar. 7 97g2'l034 7
Nov. 5
“
12
“
19
“
26
Dec. 3
“
10
“
17L
8*4 lbs.
CotVn
Mid.
Shirtings.
TJplds
d.
8.
d.
@8 0
@8 0
7b5®7 10^
9 @8 0
9 @8 0
9 @8 0
0 @8 1*2
0 @8 1 Lj
0 98
’h
1*2^8 4
9
9
d
to
10 * S’9
8a
d.
9
x8
67io 9a4
9*4
638
61116 938
6*2
6H16 10
'sS
5
d.
2) 9 34
6
@97e 6
®97s 6
6
@10
@10*2 6
10*6 2)1050
613,fi 10 @107g
@1078
6Hic 10
10
@107e
6%
1030 @10 34
6%
658
s.
6
6
6
6
7
8*4 lbs.
CotFi*
Mid.
Shirtings.
TJplds
d.
s.
4^2)7
6 @7
d.
7^
9
d.
7%
63*
4L2@7
7*2
67a
9
0
6 34
@7
@8
10 *2 2> 9
9 @8
9 @8
9 @8
0 @8
0
9
1 *2
0
0
0
3
078
6loie
6l3ie
6151g
678
7h«
January 8,
THE
1881,1
The Exports of Cotton from
CHRONICLE.
last week, the total reaching 9,669
last week. Below we give our usual
table showing the exports of cotton from New \ork, and their
direction, for each of tlie last four weeks; also the total exports
and direction since Sept. 1, 1839, and in the last column the total
for the same period of the previous year:
(bales) from New York since Sept.
Week ending-
Exported to—
Dec.
15.
41.67.2B5atlaticnley,
since
period
j)rcvi’us
Sept. 1.
year.
7,671
8,323 166,869 188,673
2,596
2,837
308
22,719
865
2,596
2,837
368
22,719
1,223
272
420
188
480
98
400
18,769
14,560
4,680
880
978
38,009
5,172
865
4,966
7,219
1,750
H nvrfi
Hamburg
Other ports
1,153
500
746
50
Total to North, Europe
3,281
1,296
....
905
Spain, Op’rto, Gibralt’r,&c
2
Total Spain, Ac
9.318
•Grand Total
1,413
9.669 229,010 237,558
8.860 11,388
The Following are the keoeipts of Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1880.
This
week,
N. Orl’ans
Texas....
Savannah
Mobile...
Florida.
S.Car’lina
| Since
j Sept. 1.
This
week.
5,253 67,858
1,558 54.965
8,512 153,255
674
.
Since
Sept. 1.
This
week.
NCar’lina
1,257
Virginia..
4,213 164,803
2,506
32.086
North, pts
Tenn.. &c.
3,404
4,350
4,418
68,469
52,549
Foreign..
194
4,600
58,747
1,579
.
m
m
m
m
m
Baltimore.
Sept. 1.
This
week.
14,231
2,268
30,993
802
723
12,280
3,330
65,711
Since
12,881
3,744
80,882
26,691
7,092
Philadelphia.
Boston.
New York.
Receipts
from—
m
......
......
Since
Sept. 1.
14,144
80
......
268
1,691 18,236
368
8,173
32,445 14,559
Charleston.
1.801
6,526
Savannah..
6,544
Texas
4,143
Wilmington 4,962
Norfolk....
Baltimore..
Last year. 62,161 668,979 25,635 235,816
1,691 32,467
3,345 47,271
12,822
7,391 136,030
7,786| 110,732
5,768
...
News.—The exports of cotton from the United
Stales the past week, as per latest mail returns, have reached
122,980 bales. So far as the Southern ports are concerned, these
are the same
exports reported by telegraph, and published ir
the Chronicle last Friday.
With regard to New York, we
include the manifests, of all vessels cleared up to Wednesday
night of this week.
8,173
150
368
480
98
400
1,187
To Hull, per steamer Sorcnto, 150
To Havre, per steamer France, 368.
To Bremen, per steamer Rhein, 480
To Hamburg, per steamer Westphalia, 98
To Antwerp, per steamers Plautyn, 141—Zeeland, 259
■New Orleans—To Liverpool, per steamers Cyplirenes, 4,98 L
Aiming, 4,636
Amazoneuse, 4,500....Chilian,
per ships Alexander, 4.098
W. D. Wallett,
per barks John Watt, 3,473
Aspatogan, 2,165. 32,445
To Havre, per ships Crescent City, 4,255—Doris, 4,146
per barks Maria Stonernan, 3,515
Preciosa, 2,643
14,559
To Bremen, per steamer Westbourne, 1,950....per ship Carl,
3,818
5,763
To Amsterdam, per bark Louise & Georgine, 1,111
1,111
To Antwerp, per steamer Lalehaui (omitted previously),
2,400
2,400
To Reval, per steamer Marcia, 4,340
4,340
To Genoa, per bark Luigia V., 1,457
1,457
Henry
4,178
4,414
Liverpool,
per
bark Onward, 1,754 Upland and
1,801
47 Sea Island
To Havre, per ship
r
6,526
2,330
6,544
3,550 Upland
To Ghent, per bark Kongsbyrd, 954 Upland
To Sebastopol, per steamer Troubadour, 5,000 Upland
Texas—To Liverpool, per barks lnveresk, 2,863
Henriek
:
Ibsen, 1,280
To Bremen, per bark Caroline, 1,100
Wilmington—To Liverpool, per barks Mindora, 936
Ophir/
Island
Total
The
form,
7,449
954
5,000
2,330
1,100
1,307
Total...
n
1 (\
331
67,183 21,453 16,202
9,340
4,865
Included in the above totals are, from New
Below
9,669
62,080
10,657
19,947
5,243
6,269
5,575
5,268
2,330
1,457 122,980
York, 150 bales to Hull.
give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
we
Reval.
Leverson8, str. (Br.), Woodruff, from Norfolk, which arrived at Liver¬
pool Dec. 17, liad touched the ground off New Brighton P. M. 16th,
but was immediately got off without assistance or apparent dainage.
Maharajah, str. (Br.), Bartlett, from Charleston Dec. 4 for Reval, put
into Belfast, Ireland, Dec. 28, with her propeller disabled.
Massachusetts, str. (Br.)—On Jan. 3 a slight tire broke out in the
the cargo on board the steamship Massachusetts (Br.), Stanhope,
from Boston, which arrived at Liverpool Dec. 31, but it was ex¬
tinguished without damaging the vessel.
Shannon, ship (Br.), Goffe, from New Orleans for Liverpool, which put
into Key West Dec. 23 in distress, remained 26th to undergo
repairs.
Cottoa
freights the past week have been
Satur.
Liverpool, steam d.
Do
sail
Bremen, steam,
Do
c.
j
58®1116
c.
•
*2® 3s
sail
c.
2
Hamburg, steam, d.
Amst’d'm, steam, e.
Do
•
sail...d.
Baltic, steam
Fri.
732® 14 732® *4 732®)14
3ie® *4 316® *4
316® *4
58 2)1110 ®8® 11*0 58®I116 38®lll«
h»® ^
12®58
^® 3g
*2® 3q
38
*2® 5q
3S
*2® 5g
®8
^® 38
*2® 5g
38
38
*22 38
Hi® 5g
58
12® 5g
38
12®58
J110® % Die® % Die® 3* 1116®% Ul6®%
•
....
d.
J
c.
|
sail
58
1a‘S>se
c
W
sail...d.
Do
«8
*2® 3s
£
Thurs.
*4
;
.e.
follows:
Wednes.
Tues.
a4
9
sail...d.
Havre, steam
Mon.
as
....
....
716®13
....
....
716®1a
71«® *3
7i6 ®*2
....
....
....
Liverpool.—By cable from Liverpool, we have the
statement of the week’s sales, stocks, &c., at that port:
Dec.
Sales of the week
bales.
Sales American
Of which exporters took
Of which speculators took..
Actual export
Forwarded
.Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Of which American
..
....
17.
Dec. 23.
....
716® ^
....
followin'
Dec. 30.
Jan. 7.
86,000
41.500
35,000
68,000
66,000
7,200
30.500
28,500
54,000
3,400
3,100
5,700
2,600
5,700
6,60°
9,000
18,500
426,000
321,000
73,000
58,000
340,000
323,000
.
2,500
940
361,000
9,100
1 7,000
4 78,IK)0
369,000
70,000
57,000
394.000
334.000
331,000
353.000
351,000
8,300
465,000
357,000
87,000
73,000
10,500
14,000
490,000
368,000
98,000
65,000
The tone of the Liverpool market for spots arid futures eaou day of the
week ending Jan. 7, and the daily closing prices of spot cotton, have
been as follows:
Saturday Monday.
Spot.
Market,
12:30
p.m.
\
Firm.
£
Market,
5 p.m.
?
$
Sales
Spec. A exp.
Tuesday.
Wednes.
Thursd'y.
Good
demand
Fair
demand
Mod.
inq,
freely
freely met freely met supplied.
£
6l3ie
9l516
61310
615io
6l3i6
15,000
12,000
1,000
12,000
2,000
12,200
2,000
Dull
and
easier.
Weak.
7
6l3i0
7
Ft'iday.
A
shade
easier.
6 34
616ia
-
C3
s
0
M
H-l
1,000
10,000
1,000
Futures.
Market,
5 P. M.
£
J
Weak.
Steady.
Weaker.
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
4,962
Saturday—Holiday
1,307
5,575
Monday.
Delivery.
d.
I
d. I Delivery.
May-June
6i5lft
®3!32® 15ie I Jan.-Feb
62732 Feb.-Mar
Mar.-Apr
67s
Feb.-Mar..
6i316 Apr.-May
Delivery.
Mar.-Apr
62532 I May-June
62033 |
6‘~>732 | Feb.-Mar
67s I Apr.-May
Apr.-May
62»32
Feb.-Mar
331
01316
Mar.-Apr
6‘2732
122,980
Jan
Jan.-Feb
62532
62332
5,263
Jan
Jan.-Feb
Feb.-Mar
1
d.
6*932
63*
625 ^
6*3
4
627
^
Tuesday.
3,516
particulars of these shipments, arranged in onr usual
follows:
are as
5,000
•
4,143
1,100
2,187
Alvah, 901 and 80
Eduardo, 1,400
Liscard, 700
bags
Boston—To Liverpool, per steamers Massachusetts, 204
Istrian, 903
Palestine, 495
Marathon, 245
Olym¬
pus, 413...Circassian,350...Illyrian, (omitted previously)
772—Sarmatian, (omitted previously) 134
Philadelphia—To Liverpool, per steamer Ohio, 328 and 3 Sea
954
1,457
3
Mid. Orl’ns.
2,464 Upland
To Bremen, per barks LadyDufferin,3,899 Upland....Betty,
2,364
4,340
Total.
331
Mid. Upl’ds
Melrose, 2,959 Upland and 224 Sea
Island....per barks Fjelstedt, 1,428 Upland and 134 Sea
Island
Solon, 1,781 Upland
To Barcelona, per steamer Santiago, 2,330 Upland
Savannah—To Liverpool, per ship Marianne Nottebobm, 3,938
Upland and 142 Sea Island....per bark Florence Chipman,
To Bremen, per bark Cato, 1,307
Norfolk—To Liverpool, per
, 5,575
Baltimore—To Liverpool, per steamers Triumph,
3,511
.
7,419
Total bales.
New York—To Liverpool, nor steamers Simoon, 188—Britan¬
nia. ‘2,272
Egypt, '1,275
Partkia.
Nevada, 2,804
Charleston—To
.
Genoa.
400
5,268
3,516
Philadelp’a
Do
Shipping
c
werp.de. iopol. Iona.
5.575
Boston
Do
This year. 32,157 i/26,124 11,274 165,985
Havre. burg.
578
jmol.
New York..
N. Orleans.
Brazilian, str. (2,795 tons register, hailing from Barrow, Eng., and
formerly known under the following names, viz.: New York,
Mersey, and Adelaide), Worthington, from Boston Dec. 21 for
Liverpool, with 75 bales cotton, during a dense fog, struck on the
Burbo Bank when entering the Mersey at 2 A. M. Jan. 4, and
10,621
broke her back.
Her grain cargo was washing out of her. Three
tugs loaded with cattle arrived at Liverpool from her at 5 P. M.
16,888
on the 5tli.
It was expected that all the live stock would be saved.
10,046
She is high and dry at low water.
2,124
| Cklla, str. (Br.), Smith, at Liverpool Jan. — from New Orleans, had
boats smashed and deck damaged on the voyage.
29,058
Farnley, str., Appleton, with 5,950 bales upland cotton, from Savan¬
nah Dec. 8 for Reval, is supposed to have been lost off Lemvig,
Denmark. A boat marked “Farnley of Newcastle,” containing
3,206
two dead bodies, has been washed ashore, besides many bales of
cotton. The Farnley belonged to the port of Newcastle. She was
3,206
last reported Dec. 27 at Dartmouth from Savannah on her way to
460
953
0
other
Liver-
16,621
’*"***
Total French
All
Totals
4,9t36
Total to Great Britain
Bremen and Hanover
Jan.
5.
Same
452
3,4‘22
Other French ports
!
_
Dec.
29.
Dec.
22.
1.1880.
8,173 159,612 182,327
150
6,346
7,257
Liverpool
Bremen Amster-Reval
and
dam,
and
HamAnt- Sebas- Barce-
New York this week snow a
■decrease, as compared with
bales, against 11,383 bales
Exports or cotton
49
'3»13i6®273o@ i:i13
Feb.-Mar
.....62“32®78
Apr.-May
67s
May-June.. 62932® 15i«
Wednesday.
Mar.-Apr
April-May
67g
Juiie-July
io16 | June-.Tuly
May-June
..6ioia I Feb.-Mar
'2>3i32®7'a(j‘11S2 I Apr.-May >
7-3)7132
7
62732
029^
CHRONICLE.
THE
50
62o32
6*731
Mar.-Apr
Apr.-May
May-June
6i51(J
Jan
Jan.-Feb..
Feb.-Mar
62332
623aa
G2532
Mar.-Apr
Feb.-Mar
6^10
Mar.-Apr
62732
67e
Apr.-May
67s
..62932 Jan.-Feb
d.
Delivery.
d.
Delivery.
d.
Delivery.
Feb.-Mar
62332
62o33
Mar.-Apr
6ia10
May-June
G2932
Jan.-Feb
6%
1
Friday.
6^
Feb.-Mar
...6^10
67e
62532
6‘-332
678®2732 1 May-June
62932 > Feb.-Mar
6i°ie I May-June...
Apr.-May
May-June
June-July
Friday, P. M.,
January 7, 1881.
dull and drooping in
the past week, but there have been features presenting a more
favorable aspect. There were large sales for arrival, in this
and the next two months, including prime No. 2 at, $3 50(g)
$3 60 per bbl. and prime extras from winter wheat at $5 25,
the purchases of this sort being entirely for shipment. The
local trade has been slow, and prices of very choice grades
showed the most weakness. Supplies detained by the snow¬
storms begin to come forward. To-day there was a steadier
but
has been generally
quiet market.
The wheat market has
been feverish,
There has been rather more
63,788
109,547
63,584
836,704
338,903
150,717
97,460
29,265
4,232,089
3,155,513
1,452,603
800,553
1,312,641
1.280.504
2.321,203
1,289,393
412,445
445,569
373,227
46,943
Barley
Rye
2,801,700
....
1878.
90,818
1,135,407
hush.
Total grain
1879.
.
390,337
145.120
supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by rail and on canal frozen in, Jan. 1,1881:
The visible
at the
BRE ADSTUPPS.
The flour market
Wheat
Corn
Oats
101,299
194,291
bbls.
Flour
107,708
1880.
1881.
Thursday.
Jan.-Feb
Feb.-Mar
[Vol. XXXIL
variable and unsettled.
doing for export, owing to a better
supply of freight room,and this at times encouraged speculation.
Receipts have been more liberal at this point, but were very
small at the West. Yesterday No. 2 red winter was active,
though variable, selling at $1 16@$1 16% cash, $1 18@$i 18%
for February, $1 20@$1 20% for March and $1 20@$1 21 for
May;’and No. 1 white at $114%@$115 cash, $115@$115% for
February, $1 17@$1 17% for March and $1 16%@$117% for
May. Spring wheats have remained nearly nominal. To-day
there was an advance of %c. on the above figures, but with
In store at—
New York
Wheat,
Com,
bush.
bush.
5,511,366
Do. afloat (est.)
104,000
546,833
Albany
Buffalo
7,370,621
2,725.160
Chicago
Milwaukee
Duluth
881,300
Toledo
Detroit
1,825,591
Oswego
40,000
1,992,897
108,985
123,416
1,196,772
8t. Louis
Boston
Toronto
21,000
113,000
42,578
50,000
41.500
18,950
303.782
45,000
759
16.332
90,000
6,008
7,964
350,000
1,587,653
316,311
219,240
53,810
73,644
4,504,000
55,136
.
4,000
09,814
10,690
417.891
6,667
1,118
10,860
7,547
3,805
115,000
23,237
6,500
90,700
2,173
..
676,000
Total Jan. 1,’81
•
290,971
505,162
1,445,000
Dec. 25, ’80
Dec. 18, ’80
Dec. 11, ’80
Dec.
4, ’80
Jan.
3, ’SO
170,000
505,500
Ryef
bush.
221,218
4,761,643 1,474,136
4,628
32,649
5,000
56,040
583,271
On rail
Canal and river..
490,300
454,227
Indianapolis
Kansas City
.
296.316
95.052
1,799,519
23.787
Peoria
bush.
208.224
811,716
Baltimore
1,195,537
Barley,
2,155,050
15,000
295,640
197,202
155,100
299,112
436,700
870,000
102,179
Montreal
Philadelphia
Oats,
bush.
...1
•
......
143,889
192,000
114,000
78,000
40,000
28,513,490 16,393,694 3,753,766 3,197.834
29,467,418 16,921,123 3.859.694 3,'185,241
926,624
873.360
940.916
932,633
913,044
1,136,170
29,709,288
28,673,491
26,930,809
29,620,312
16,465,285
15,757,056
15,753,676
11,431,034
495,000
100,000
3,783,061
3,816,749
3,587,563
3,074,106
3,057.731
2,963,944
2,861.443
4,333,915
THE DRY GOOD3 TRADE.
Friday, P, M.. January 7, 1881.
There has been
a
continuance of the quiet
lately noticed in
week was
devoted by merchants to closing up the business of the year
much less activity.
Indian corn has been dull and rather weak on the spot, espec¬ just ended. The weather has been stormy, and unfavorable for
ially for the crop of 18S0, while the crop of 1879 is so scarce the distribution of spring goods, besides which both package
as to be nearly nominal.
Yesterday No. 2 mixed, on the spot, and retail buyers have manifested a disposition to defer opera¬
sold at 55c. for new and 56%c. for old, and No. 2 mixed sold at
tions until such time as importers and agents for domestic
56@56%c. for February, 56%@56%c. for March and 54%@
manufacturers are more fully prepared to show complete
54%c. for May. Supplies of new corn at this market from New
lines of fabrics adapted to the coming season. Staple cottfn
Jersey and the South are still moderate, and have greatly fallen
off at the West. To-day the market was very firm ; No. 2 and woolen goods were in light demand, and there was an
mixed for March 57c.
utter absence of the speculative tendency which prevailed at
Rye has been quiet and prices are somewhat unsettled, but the corresponding period of last year—a feature which is con¬
close rather firmer. Barley and barley malt are inactive and
strued favorably by the most conservative merchants. Values
nearly nominal. Barley frozen in on the canal has been taken
to some extent at prices nearly up to New York figures. Oats remain unchanged, and most descriptions of both domestic and
have been active for speculation, but the dealings of the regular imported fabrics are largely held in first hands.
Domestic Cotton Goods.—There was a comparatively light
trade have been slow.
To-day the market was decidedly
demand for cotton goods at first hands, but agents continued
firmer; No. 2 graded on the spot quoted at 43c. for mixed and
to make fair deliveries of brown, bleached and colored cottons,
46c. for white, and No. 2 mixed sold for March at 45%c.
At the close, deliveries of all breadstuffs for export are cottonades, white goods, piques, &c., in execution of former
orders. Despite the late lull in the demand stocks have not
greatly impeded by the ice in the harbor.
accumulated to any material extent, and while many of the
The following are closing quotations :
the
dry goods trade, and the greater part of the past
most desirable makes of plain and colored cottons are largely
I
Grain.
80 ® 3 50 Wheat—
sold ahead to the home trade, agents hold liberal orders tor
Winter superfine
3 60® 3 75 | No. 2 spring
1 15 ®1 18
brown sheetings, drills, &c., for export, and prices are generally
Spring superfine
112 ®1 25
3 30® 3 50 1 Red winter
Red winter, No. 2 1 17%®! 18
Spring wheat extras.. 3 85® 4 25
The print cloth market' has been less active, but
firm.
® 116
do XX and XXX... 4 50® 6 00 1
White
110
57
53 ®
Winter shipp’g extras. 4 00® 4 40 Corn—West, mixed
fairly steady, at 4%c. for 64x64s and 3%c. for 56x60s. Prints
54^® 57
W<wt.No.2,n.Aold
do XX and XXX... 4 60® 6 00
56
53 ®
South. yeli’w,new
were only in moderate demand, but there was a fair business in
Patents
6 50® 8 50
®
58
South, white,new
City shipping extras. 4 25® 5 25
®1 00
printed piques and lawns, and ginghams were in good request.
Rye
Southern, bakers’ and
®
44
Domestic Woolen Goods.—The arrival of a few out-of-town
family brands
5 50® 7 00 Oats—Mixed
®
47L2
White
Boutb’u ship’g extras. 4 50® 5 25
®1 35
Barley—Canada
W.
buyers has imparted a little more animation to the woolen
Rye flour, superfine.. 5 00® 5 40
®1 12
State, 4-rowed...
Corn meal—
®1
05
goods market, but business was by no means active, and it is
State,
2-rowed...
Western, Ac
2 70® 3 10
®
95
evident that clothiers are determined to pursue a more cautious
"Brandywine. Ac.... 3 30® 3 35 Peas—Can’da,b. Af.
®
53
Buckw. fl.,p. 100 lbs. 1 85® 2 10 Buckwheat
policy than prevailed at this time last year. Heavy clothing
(From the “ New York Pi'oduee Exchange Weekly.")
woolens were taken in small parcels to a limited amount, and
Flour.
No. 2
[
$ bbl. $2
Receipts of flonr and grain at Western
for the week ending Jan. 1,1881:
Flour,
bbls.
A/—
(196 lbs.)
Chicago
Milwaukee.....
T<Qedo
Detroit
Gffveland
BfeT Louis
Peoria
Duluth...
Total
Wheat,
bush.
(60 lbs.)
Oats,
Bariev,
bush.
hash.
bush.
(56 lbs.)
99,272
655.676
13,970
1.000
18,112
85,332
11,500
40,529
55.254
199.100
1,825
164,275
9,317
1,862
16.511
7,595
194.291
5,857
56,000
800.553 1.135.407
de, for four years :
makes of
Eye,
hush.
(32 lbs.) (48 lbs.) (56 lbs.
275,151 210,673 32,438
7,750
25,500 67,750
5,041
6,133
8,705
9,500
28,800
1,755
29,444 66,999
5.000
9,600
75,500
445.569 373.227
46.943
390,337 145,120
63,783
fkone time ’79. 101.299 1,312,641 2,320.203
Total receipts at same ports from Dec.
placed with agents representing desirable
spring cassimeres and suitings. Worsted coatings
were only in moderate request, but stocks are in good shape,
and prices remain steady on such makes as govern the market.
Cloakings and repellents hav$ ruled quiet, and there was a
sluggish demand for Kentucky jeans and satinets. Flannels
and blankets were lightly dealt in, but prices continue firm and
stocks are in good condition. Dress goods, shawls and skirts
were severally quiet in both first and second hands.
Foreign Dry Goods have presented no new features worthy
of note, and transactions were so light that details are unneces¬
sary. Staple goods are generally steady in price and stocks
are not excessive save in exceptional cases.
fair orders
r
Com,
369.760
258.770
59.734
lake and river ports
27 to Jan. 1, inclu¬
1
were
January 8,
THE CHRONICLE.
1881]
Importation* of JDrjr Goods*
importations of dry good3 at this port for the week
ending January 6,1881, and for the corresponding weeks of
1880 and 1879, have been as follows :
The
6, 1881.
ENTERED FOR CONSUMPTION FOR TIIE WEEK ENDING JAN.
1879.
Manufactures of—
Wool
Cotton
Bilk
Flax
254
536
174
261
280
Miscellaneous.....
Total
596
145,729
1,261
96,529
561
$
232,041
432,805
377,944
1,092
272
64,711
115,575
45,824
57,054
267
272
52
362
202
20.971
320
44
485
929
787
5,020 1,471,3911
431,0561
13S
252
414
1,627
314,982
113,619
1,510
33.051
140,979
THE MARKET DUR¬
193
490
85
561
70,957
252,274
1,042
32,710
2.371
525,391
115,725
42,356
79,680
19,949
61,956
107,494
1,505
304,135
431,056
346,076
1,273
5,020 1,471,391
4,242 1,378.991
Total
2,413
735,191
6.293 1,817,467
6,613 1,904.382
market...
on
ENTERED FOR WAREHOUSE DURING
66
274
85
173
17
Bilk
Flax
Miscellaneous
SAME PERIOD.
30,828
66,119
67,549
421
535
85
36,013
10,713
1,003
148,061
172,003
63,824
217,858
375
2,419j
5,020,1 471,391
4,242 1,378,991
7,439'2.113,91*2
5,469 1,742,043
Total
Ent’d for cousumpt.
1,505
211,222
431,056
Total at the port...
2,1*20
642,*278
615
59,015
99,099
93,952
81,570
40,775
124
231
160
424
288
64*2,521
1,227
363,052
29.416
Imports of Leading Articles.
following table, compiled from Custom House returns
the foreign imports of leading articles at this port for
shows
the years
|The quantity is given in packages when not otherwise specified.]
China, &c.—
China
Earthen w
Glass
Glassware.
Glass plate.
.
Buttons
Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton,bales
Drugs, &o—
Bark, Peru.
Ble.a. pnwd.
Cochineal..
Gambier
.
.
..
..
..
95,492
56,987
Champ’gne
5,733
7,368
6,673
5,426
3,265
46,735
1,460
15,165
64,043
1,119
49,596
1,632
11,753
Watches J
Linseed
Molasses....
.
Metals, <fec—
1879.
42,512
5,167,247
514,770
22,728
3,745,500
107,168
1,593,144
3,763,606
1,082,595
77,618
1,202
1,933,262
1,039,752
60,497
573
131,150
198,339
Wool, bales.
Reported by
123,567
176,252
$
value.
Cigars
Corks
...
2,179
lemons
7,902
Oranges
..
.
64/927
$
1,528,191
120,337
1,548,223
639,150
1,115,672
656,064
1,645,751
1,326,578
1,481,455
70,401
...
7,356 Rice
50,225 Spices, &c.—
1,909 Cassia
Ginger....
3,073 Pepper....
794 Saltpetre...
400,236 Woods—
93^ / oo Cork
74,527
2,442
3,746
1,169
440,012
78,461
4,970
1,229
956
226,986
102,964
729,699
391,774
590,749
305,154
283,734
145,116
578,159
284,358
..
913,823
Mahogany.
441,555
125,687
807,175
281,119
193,450
Fustic
7,663
354,219
.....
Logwood
84,996
The
following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending Dae. 31, 1880, and their distribution:
Pork,
bbls.
Beef,
bbls.
1,470
90
Liverpool....
1,236
1,222
135
170
263
•
..
•
•
•
70
203
Antwerp
90
Hamburg
206
Bremen
Brazil
....
•
.
•
•
Mexico
296,850
Cuba
West Indies..
British Col...
Other count’*
..
917
300
877
50
76
5,800
8,724
lbs.
Cheese,
lbs.
1,144,032
330,480
942,306 10,960,514
30,720 1,286,000
317,500
213,450
127,000 1,490,075
211,800 1,146,650
4,404,706 2,099,925
473,716
485,555
185,000
641,250
936,047
137
39
r
.t
t
996 000
2,248,825
224,000
802,240
99,199
2,232
638,750
«-
So. Am. ports.
Bacon,
184,200
134,440
1,800
27,180
Tallow,
lbs.
240,000
669,187
22,000
11,000
Oats
Barley
and malt.. ..bush.
Peas
Cotton
Cotton seed oil
Flax seed...;
...bbls,
5,855.
72,032
93,568
110,815
3,120
306,225
16,500
132,720
93,500
66,494
11,204
38,279
5,412,474
179,351
5,5G2,4Ct>
164,245
70,877.620
3,304,868
484
4,702
2,662
Grass seed
Hides
Hides
..bales.
Leather
Lead
Molasses
Molasses
Naval Stores—
58,996,628
1,879,606
60,784,3 LI
13,819,481
8,477,901
479,952
(1 >043,536
504,345
427,635
227,109
218.836
108,417
114,996
1/310
8,815
95,653
28
3,132
100,699
389,284
23,492
2,699
685,933
10,792
642
993
39,415
42,360.612
11,159.538
6,530,281
518,319
1,120,360
40,729
107,580
142,999
45,650
63,592
3,812,773
169,609
3,152
21.640
4,090,588
2,587,050
5,350
113,44a
545
Turpentine, crude. ...bbls.
bbls.
Turpentine, spirits
..
Rosin
Tar
Pitch
Oil cake
314
...bbls.
.bbls.
...bbls.
1,025
..
510
150
.pkgs.
10,852
Oil, lard
Oil, whale.......
...bins.
140
Peanuts
..bush.
.
2.555
81.584
360,348
24.956
4,646
479.257
13,372
181
160
94,621
111,763
3,048
183,802
563
253,011
39,741
36,785
12,601
12,434
1,452
1,820,010
1,399,824
2,614,363
.559,551
—
Butter
Cheese
51,178
'
1,882,897
Lard
tcs & bbls.
10,407
717,407
Lard
...kegs.
15,791
2,193
1,113
216,594
54,448
77,667
73,071
24,746
1,887
16,288
1,423,603
2,558,089
455,674
709,932
85,418
54,256
46,001
71,084
25,005
1,732
42,330
.
-
pkgs.
Eggs
No.
Hogs, dressed
..slabs.
Steariue
..pkgs.
Sugar
...bbls.
Sugar
Tallow
Tobacco
Tobacco.
928
2,463
Rice...'
Spelter....
boxes &
Whiskey
..
1,211
233
103,613
110,729
cases.
1,538
153,191
.bbls.
1,080
5,392
104,317
300,536
175,239
90,936.
268,280
1,499
106,591
128,084
Exports of Leadiug Articles of Domestic Produce.
The
following table, based upon Custom House returns, shows
from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
for the years (ending with Tuesday last) 1830 and 1879 :
the exports
£
Week ending
Year 1880.
Year 1879.
Jan. 4.
394,420
21,878
8,000
52
10
161
501
40,600
2L200
1,800
1,001,975
8i779
300
930
186.667
818,458
107,313
300
549
17,003
75,514
42,553
490
590
52,865
14,213
975
134
Ashes, pots
Ashes, pearls
Beeswax
......
2,508 10,126,556 23.501,7801 1,629,084 1,684,715
4,577 4,558,714 14,824.4021 1,920,493 1,912,989
bbls.
bbls.
901
198
lbs.
87,080
1,244
'188
74,462.
Breadstuff's—
....bbls.
Flour, wheat
Flour, rye
113,589
Cora meal
1,336
324,352
359,388
49,538,220
35,319,727
342
52,836
59,439
655,861
124,337
61,513.
71,343
417,668
123,960
111,356
65,503
29,007
59,133
827,703
16,867
Wheat
Rye
419
Oats
Barley
Peas..'
Cora
Caudles
Coal
Cottou
Domestics
...pkgs.
..
Hay
Hops
.pkgs.
...bales.
Naval Stores—
Crude turpentine
Spirits turpentine.
...
bbls.
Whale
....bbls.
.tierces.
Cutmeats
Butter
Cheese
Lard
Rice
lbs.
Tallow
...hhds.
and cases.
Tobacco.manufactured. lbs.
lbs.
Whalebone.........
Tobacco. Leaf
Tobacco
bale
225
36
35,056
4,352/224
>
158.
8,863
157,602:
7,220
5.448.
.
1,681,87a
71,031
344,397
233,321
300,223:
6,986
721,498
1,266,617
373
124,674
6,025,852
253,650/255
4,773
240,014
403
58,920
gals.
gals.
Lard
Linseed
Petroleum
Provisions—
Pork
Beef
Beef
2,145,830
390,320
262,936
32,186
194,185
7,494
5,400
2,328
1,962
....bbls.
....bbls.
Pitch
Oil cake
Oils—
1,33*2
11,298
3,374
1,565
1,842
62,381,727
bbls
Rosin
Tar
4,677,691
4,162
190,437
3,684,36$
6,04*1
150,178
61,538,861
3,941,638
521,40$
147,867
393,153
10
964
Rpp.rm
200 000
....
....
Arg. Republic
Total week
Frev’s week
....
371
75
33
....
....
Lard, '
lbs.
London
British ports.
Havre
Marseilles.
French ports.
Genoa
•
Rye
3,032
2,877
’
Exports of Provisions.
Bristol
Hull
...bbls.
...bbls.
Flour, wheat
Year 1879.
.
1,631,584 1,573,652
186,972 Nuts
1,335,052 1,178,449
Raisins
2,441,865 1,930,411
1,839 Hides, undr. 23,466.444 13,240,325
3,232
8,122
Hardware..
Glasgow
Breadstufl’s—
Tear 1880.
4.
....
Cutlery....
To—
Ashes
Beans
Wool
161,538
...
4,405
12,603
251,694
1880.
baskets..
Wines
78,160 Fancy goods
3,554 Pisli
10,437 Fruits, Ac.—
Jewelry ,&c-
Jewelry...
Tea
Tobacco....
Wines, &o.—
.
Ivory
2,569,197 Sugar, boxes
11,054 and bags...
4,609
Hides,dr’sd
India rubber
5,327
9,752
57,798
38,916
47,871
24,201
12,807
Bristles
Jan.
Beef
Tin, boxes. 1.690,122
Tin sibs.,lbs 26,821,963 19,092,314
Paper Stock.
305,573
170,592
Sugar, hlids,
tcs., Acbbls.
608,493
641,221
34,523
30,018
4,039
PI av
Hemp, bales
Hides, &o.—
Week ending
Cutmeat j...
1
Steel
51,801
41,039
2,909,433
6,179
Furs
Hair
272,463
86,177
56,125
99,618
7,632
Gunny cloth
|
Metals, Ate—
18,279 Lead, pigs.
43,15o
Spelter, lbs
24,499
59,133
721,960
61,182
7,441
11,867
Gum, Arab.
Madder, <fec
Oil, Olive..
Opium
Soda, bi-cb.
Soda, sal...
Soda, ash..
1879.
1880.
Iudigo
:
Provisions
Pork
1880 and 1879:
|
and 1879
Hops
Manufactures of-^
Wool
The
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week
ending
with Tuesday last (corresponding with the week for
exports),
also the receipts for the years (ending with Tuesday last) 188(1
Cora meal
Wheat
Miscellaneous.....
Total
Knt’d for cousumpt.
90
reports made to the
New York Produce
187,165
559,050
319,072
172,725
4,242 1,378,991
88,366
t
Value.
Receipts of Leading Articles of Domestic Produce.
The following table, based upon daily
$
WITHDRAWN FROM WAREHOUSE AND THROWN INTO
ING THE SAME PERIOD.
Manufactures of—
Wool
Cotton
Silk
Flax
1881.
1 Pkffs.
Value..
$
107,782
47,965
1,505
|
1880.
Pkas.
Vain*.
Picas.
51
1,327
16,543,098
163,327
1,944,165
6,261,465
58,315
533.483,694
28,404/201
124,131,361
298,239,387
96
22,595
1,337,960
80,417,273
42,638
90,837
54,105
6,598,336
17,159
218,936
934
829
13,614
271,951,584,
249,811
51,193
59,553
543,977,078
35,321,195.
129,584,981
245,747,075.
14,681
67,912,848
68,841
40,20a
6,221.184
126,46$
52
THE CONDITION
ric(
JONTINENTAL NATIONAL BANK,
DEPORT OF
Report
of the
condition
of
AMERICAN
EXCHANGE
NATIONAL
at the
of New York, at
31, 1880:
BANK, at New York, in the State
the close of business, December
RESOURCES*
fund
cent of circulation)
from U. S. Treasurer (other
Due
5 per
cent
redemption fund)
LIABILITIES.
'
$5,000,000 00
1,250,000
00
270,838 95
439,500 00
6,817 00
14.609 50
11,248,320 98
495,501 52
in
8urplus fund
Undivided profits
National bank notes outstanding
State bank notes outstanding
Dividends unpaid
Individual deposits subject to check..
Demand certificates of deposit.
Certified checks
Deposits—Individuals
2.329,764 81
Due to other national banks
3,508,559 98
Due to State banks and bankers
1,643,291 25
$26,213,203 99
Total...
State of New York, City and County of New York, ss :
I, Dumont Clarke, Cashier of the above-named
bank, do solemnly swear that the above statement
is true to the best of my knowledge and belief.
DUMONT CLARKE, Cashier.
Subscribed and sworn to before me this 7th day
of January, 1881.
Witness my hand and
A. R. Rodgers,
discounts
National banks
State banks and bankers
Certificates of deposit..
Certified checks
Cashier’s checks
to the best
The
Directors.
CONDITION OF
OF THE
NEW
of New York, at
31,1880:
$3,162,593 26
650.000 00
circulation
2,000 00
Other stocks, bonds and mortgages—
42,225 42
Due from other national banks
63,520 18
Due from State banks and bankers
13,280 21
Real estate, furniture and fixtures
246,511 31
Current expenses and taxes paid
12,651 16
Checks and other cash items
33,147 88
Exchanges for Clearing House
21,817,160 66
Fract’l paper cur’cy, nickels & pennies
60 15
555.978 23
41,863 00
29,250 00
Treasurer
Capital stock paid in
Surplus fund
Undivided profits
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check...
of deposit
outstanding
Demand certificates
Certified checks
Cashier’s checks
Due to other national banks
Due to State banks and bankers
Total
State of New
$800,000 00
160,000 00
138,918 05
585,000
7,090
4,799,503
2,125
19,781,279
8.299
[300,953
93,064
$26,670,241
00
80
77
00
25
79
81
99
40
Y< rk, C >unty of New York, *s:
I, John H. Folsto.v, Cashier of the above-named
bank, do solemnly swear that the above statement
knowledge and belief.
ROLSTON, Cashier.
1 sworn
to before me this 5th day
J. Lawrence Slosson,
the best of my
JOHN H.
Subscribed an
Correct—Attest
Notarv
Public.
[ Di ectors.
)
in the State
Of bunness
of New York, at
December
31, 1880:
resources.
Lo ms and discounts
Ov rdrafts
U. 8. bonds to secure circulation
O her stocks, bonds and mortgages
D ie from other national banks
D ie from State banks and bankers
n,eal estate, furniture and fixtures
Checks and other cash items
Exchanges for Clearing House
Bills of other banks
Fractional paper currency, nickels
and
Total
04
03
00
92
76
44
00
32
76
00
$3,000,000 00
’... 1,000.000 00
34.030 15
45.000 00
153,561 00
7.301.000 17
46,721 05
3,167,917 71
126,917 59
6,443,155 88
1,047,132 48
Total
$23,266,092 03
State of New York. County of New York, ss;
I, Gpo. J. McGourkey. Cashier of the abovenamed bank, do solemnly swear that the above
statement is true to the best of my knowledge and
belief.
GEO. J. MCGOURKEY, Cashier.
Subscribed and sworn to before me this 7th day
of January, 1881.
W. H. Connell.
Cor. ect—Attest:
Notarv Public, N. Y. County.
HENItY A. HURLBUT,)
WILLIAM H. LEE,
;
SAMUEL SUETHAR,
3
Directors.
(J. F. Pknzxl,
President.
Railioad Bonds.
Bonds.
Securities.
Securities.
Wisconsin Central Railroad Land Grant Bonds.
County, City and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 and 10 Per Cent Bonds.
FOR
Bonds.
1st Mort. Bonds.
Bonds and Stock.
Mortgage Bonds.
Pine Si., N. 1.
Atchison Colorado & Pacific RR.
Scioto Valley Railroad
New Jersey Midland Railroad 1st
WMj K. UTLEY, 31
21,000.
the
Metropolitan
NEW YORK,
STOCKS
BOXDS,
A^iD
New
BROKERS
Foreign Exchange,
A. Moran,
Daniel
PINE
27
(Member of N.
Negotiates
19
CAPITAL
-
-
Y. Stook Exchange.)
Railroad, State,
and City Loans.
Buys and
sells for cash, or on approved margin,
dealt in at the Stock Exchange.
all Securities
A
choice line
of Investment
Bonds always on
hand.
Correspondence solicitod.
H. Prentiss,
Geo.
STREET, NEW
BROAD
19
YORK.
GAS STOCKS
AND
SECURITIES,
GAS
| street railroad stocks and bonds
KINDS OF
BROOKLYN
SECURITIES,
DEALT IN.
SEE GAS
QUOTATIONS IN THIS
PAPER.
N. T.
T. Beers, Jr.,
CO., Brooklyn securities, city bonds,
NEW YORK,
CONGRESS STREET, BOSTON,
BUILDING, CHICAGO.
STOCK,
STREET,
YORK.
First-Class
Gas
AND 33 PINE ST.,
UNION
Stocks and Bonds,
Wall Street, New
& Western
'INVESTMENT
No.
IN
York.
8pecial attention paid to orders at the New York
Stock Exchange and New York Mining Board.
63
AND ALL
COMPANYS’ STOCKS,
York, New England
NOS. 31
National Bank.
Hilrners,McGowan & Co
TELEGRAPH STOCKS,
TRUST
line.
A Co. and
Financial.
C. NOYES,
DEALER IN
GAS
Cashier.
in
SALE:
NASSAU STREET,
C. T. Wii.ui
J
onr
Prompt attvntlo? given to all business
N. Y. Cobrns^ovprnts, Donnell. Lawson
New Cork.
SECURITIES.
to business of country bankB.*
Central Railroad Old
>
Bank,
an
NEW
Chicago & Grand Trunk Railroad
Flint & Pore Marquette Railroad
St. Joseph & Western Railroad
South Carolina Railroad Securities.
21
Incorporated 18<5.
Surplus
WANTED s
WM.
<
ROCK, ARK.
CAPITAL (raid-in)...,
$75,OGO.
INVESTMENT
Detroit & Bay City
STATE BANK,
BROKERS,
StM Cer. New,
sold.
(
Germ
AVB.,
KANSAS.
made. Taxes paid.
TOPEKA,
negotiated. Collections
Municipal Securities bought and
& Co.,
$23,260,092 03
LIABILITIES.
Surplus fund
Undivided profits
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check...
Demand certificates of deposit
Certified checks
Cashier’s cheeks outstanding
Due to other national banks
Due to State banks and bankers
BANKERS AND
INSURANCE,
AND
WEST OF KAN.
Loans
BUNKER, Secretary.
2.848 78
2.040,993 73 City and other Railroad Stocks & Bonds
379,075 CO
AND
2,250 00
MISCELLANEOUS SECURITIES.
pennies..
Specie
Legal-tender notes
Redemption fund with L. S. Treasurer
(5 per cent of circulation)
Capital stock paid in
TRUSTEES:
Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. B. Marvin. A A. Low,
Thomas Sullivan, Abm. B.Baylis, Henry K. Sheldon
H.E. Pierrepont. Dan’lChauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
Wm. B.
the close
$9,806,835
2,932
50,000
1.203,418
1,306.790
424.579
720,000
163,005
6,524,760
38,601
86 SIXTH AVE.,
LITTLE
Cullen,Counsel.
A. H. Brown
in reference to same on ap
dividends collected;
ESTATE
REAL
Vice-Pres’t.
WM. R.
for
Kansas,
Colorado Bonds a specialty.
Prather & Co.,
H. R.
AGNE VV, )
CHAS.
Iowa
)
W. H. HAYS,
R. G. ROLSTON,
R. L. EDWARDS,
EEPOit
CONDITION
r OF THENATIONAL
at
the METROPOLITAN
BANK,OF
New Y >rk,
Full information given
lication. Coupons and
A Clinton sts., Brooklyn,
Special attention
and
Texas, Arkansas
N. Y.
This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or ad¬
ministrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer kooks, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
RIPLEY ROPE8, President.
R. MARVIN.
7 Wall
STREET, ST. LOUIS, Ho.
First-class Western Investment Securities
sale. St. Louis City and States of Missouri,
FRED’K TAYLOR.
$26,676,241 46
LIA HI LIT IKS*
Of January, 188
305 ©LIVE
Brooklyn Trust Co.
Edgar M.
Keleher & Co.,
P. F.
of my knowledge
Cor.of Montague
Loans and discounts
U. 8. bonds to secure
U. 8. bonds on hand
Is true to
reliable Mining Properties. Gunnison
specialty. Correspondence requested.
References—The Denver banks.
Dealers in
Mines a
and belief.
Cashier.
Subscribed and sworn to before me this 7th day
of January, 1881.
ALF’I) H. TlMPSON,
Correct—Attest Y
Notary Public, New York Co.
C. C. BALDWIN,)
T. W. EVANS,
[ Directors
is true
Xi/NATIONAL BANK OK THE STATE
YORK, at New York, in the State
the close of business, December
Total
Gurley DENVER,
Brothers,
COLORADO.
TABOR BLOCK,
04—6,655,587 43
13,912.575 09
78,922
R. A. Gurley.
C. D. Gurley.
Notary Public.
.
Specie.....
Legal tender notes
Redemption fund with U. 8.
(5 per cent of circulation)
Colorado for
of Hartford, Ct.
$3,425,892 14
2,283.229 49
807,543 10
JNO. T.
Correct—Attest:
W. BAYARD CUTTING,)
GEORGE BLISS,
>
S. D. BABCOCK,
)
resources.
ties offered. Corre>,pondence solicited.
C. D. G URLEY. Denver, Col., agent in
GEO. P. BISSELL & CO., Bankers,
30,187.05
Total
$22,042,721 82
State of New York, County of New York, ss:
I, Fked’k Taylor, Cashier of the above-named
bank, do solemnly swear that the above statement
notarial seal.
DEPORT OF THE
9 PER CENT MORTGAGE BONDS
ON IMPROVED DENVER REAL ESTATE.
Abundant security. Also local Investment Securi¬
8 TO
er
$26,213,203 99
Total
Capital stock paid
22,500 00
34,700 00
than f
December,
$4,923,430 00
98 30
867.000 00
17.000 00
109.MO4 52
Due from other national banks
112,079 58
56,076 01
Due from State banks and bankers —
Banking house.
385,000 00
Other real estate.
200.000 00
Premiums paid
47.3J6 00
Checks and other cash items
12,809 98
Exchanges for Clearing House
14,354,845 51
12,810 00
Bills of other banks
Fractional currency, including nickels
15 80
Specie, includ’g gold Treasury certif’s. 1,338,014 40
Legal-tender notes
107,000 00
Redemption fund with U. S. Treasur¬
(5 per cent of circulation;
39,015 00
Total
..$22,042,721 82
LIABILITIES.
Capital stock paid in
$1,000,000 00
Surplus fund
200,000 00
Undivided profits
10,130 75
National bank notes outstanding
780,300 00
Dividends unpaid
41,941 50
$13,502,233 53
10,300 32
5(H),000 IX)
5,000 00
08,020 07
98L,123 04
233,000 51
Real estate, furniture and fixtures
381.330 04
Current expenses and taxes paid
23,032 51
Premiums paid
131 25
Checks and other cash items
.
293,<20 Oo
Exchanges for Clearing House
6,587,243 73
Bills of other banks
88,938 00
Specie
3,003,907 94
Legal-tender notes
418,000 00
Redemption
with U. S. Treasurer
COLORADO.
THE
Overdrafts
U. S. bonds to secure circulation
U. S. bonds on hand
Other stocks, bonds and mortgages
and discounts
Overdrafts
U. S. bonds to secure circulation
U.'S. bonds on hand
Other stocks, bonds and mortgages—
Due from other national banks
Due from State banks and bankers—
per
OK
New York,
RESOURCES.
Loans and
Loans
(5
the 31 st day of
close of business on
1880:
Bankers.
Western
Financial.
Financial.
the
[Vol. XXJill
CHRONICLE.
THE
-
No.
1
NEW
NEW
$200,000
securities
Investment
Settle¬
securities
reorganizing debts
and other
Correspondence solicited.
Offers to investors carefully-selected
bearing from 0 to 8 per cent interest.
Securities bought and sold on commission.
ments made for holders of defaulted
Will act as agents in funding and
of municipalities, railroad companies,
corporations.
John C. Short, President,
)
~ .
George W. Debevoise, V. Pres. )1>ew
Lucius L. Hubbard, Asst. Vice-Pres„ Boston
Wm. P. Watson, Sec. and Treas. .Chicago.
xorx.
Stocks, &c.,
STREET,
YORK.
Levy & Borg,
No. S
WALL STREET,
DEALERS IN
ALL
CLASSES OF INVESTMENT
SECURITIES.
@FedFRASER