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:
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0ttllttfl*
HUNT'S MERCHANTS
MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITED STATES
VOL.
NEW
31.
YORK, JULY
Financial.
Financial.
&
Phelps, Stokes
N.
Co.,
esup, Paton
BANKKR8,
.
XN80N PHELPd 8TOKK8.
45 WALI. ST., NBW
YOKK.
in Dollarg for use in
United States, Cuba, Ac,
PouQda Sterling, arailable in anr part of the world'
TRATBLBR8' CREDITS
and
&
Co.,
Accounts and Aprency of Banks, Corporatl%na,
Qrms and indlr Iduals received upon favorable terma.
Dividends and intereet collected and remitted.
Act aa agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on
;
commission.
Sound
railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
€IRCt;iiAB NOTES.
7e5.
Financial.
New YorK.
53 William Street,
COnnERClAL. CREDITS,
Also,
J
„__„„
„
BitL>KERS,
PHBLPS,
JAMES 8TOKK8.
I.
NO.
10, 1880.
& Zoon,
BANKERS,
AUtSTEBDARI, HOLLAND.
Hymans
Bonds, Stocks and Securities (also not olBolallf
quoted) bought and sold on commission. Bills collected and other banking business transaoted.
Correspondence
solicited.
Al.BCBT H. VBRMAU,
KDWABD N. BONO.
Member N. Y. Stock Exchange.
Vernam & Company,
BANKEBS AND BBOKEBS,
New Street, Nevr York.
Bonds and Governments Bought and Sold,
on Commission, either for Investment or
on margin.
No. 34
Union Bank of London.
Stocks,
JOHK
Banque
J.
Antwerp.
^aid-Up Capital,
&
auil
Co.,
Merchants,
WILLIAM STREET,
63
strictly
carried
HOWABD
ItAlLROAD INVESTMENT SBOURITIBS
CotLKCT Coupons akd Dividends
NKCJOTIATB LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.
AW business relating to the Construction and
Special.
Lapsley, Field
FiLix Grisar, President,
ALFBXD U/iQniNAT (OraS& IMaqolnay), Vice-Pret
Von sir Bkuxk (B. Von der Becke).
Otto Gttnthkb (Corneille-Davld).
£XILR DX GcTTvL.
J. B.
Ad. Frank *"ranlE, Model ft Cie.)
Aug. Nottkb>hm (Nottebobm Freres).
Jb. DHANlti (MIchlel8-Loo6).
JOH. Dan. FuaBMANN,,jK. (Job. Dan. Fubrmunn).
BANKEBS,
21 AlfD 22
Locis
Wbbkr
(Ed. vveber
Jcuis RAUTBNBTBADOii
&
(G.
Cle.)
Bcbmld
TRANSACTS
A Cie.)
GENKKAI. BANKING BUSINESS.
ABA
P. POTTKR. Prest.
J. J.
Eddt. Casliler.
Maverick National Bank,
BOSTON,
$400,000
400,000
SUBPIiirs,
UOIiLBCTIONS a specialtr. Business from Banks
paper
discounted.
Cor-
respondence invited.
liEwis H. Tatlob, Jb.
L.
Hankers and
138
&
Co.,
Brolcera,
SOUTH THIRD STREET,
PHILADBLPHIA.
tDeposits reodired subject to check at siKht, aad
interest allowed on dally balances.
-Stocks, Bonds, &c.. bought and sold on commlssioa
39 IVall
Inrestment Securities.
Bdttrick, Member of the
Hilmers,McGowan & Co
Foreign Exchange, Stocks and Bonds,
63 IRTall Street, New York.
(P. O. Box 8347.)
Special attention paid to the aegotlatlon of
mercial
STOCK AND BOND BROKERS,
24 BBOAD ST., NEW YORK.
Stocks, Railroad Bonds. GoTemments, and all Beeurlties dealt In at the New York Stock Ezohantra
ibouffhtand sold for investment or carried on mar.
:£tn, strictly on commission.
McGtorxBN, JK., »e°>'>«'» »•
«• Stock Bxcb.
S
R.T.Wilson
&
Co.,
BAITKERS AND COMMISSION U£BCHANTS,
3 Bz«IuiaB« «oat<, Hmt York.
St.,
Negotiable Securities, ON COMMISSION.
Mr. J. M. Drake has been a member of the New
York Stock Exchange since 1868, and will give »er>
sonal attention to all business entrusted to the finu.
H. Latham
J.
&
Co.,
SECURITIES,
INVESTMEIVT
New York
City, Chicago, Cincinnati,
Iiouig, District of Columbia, and
St.
Crovernnivut Hecuritien.
FOREIGN EXCHANGE.
62
J.
WILLIAM STREET.
H. LATHAM.
F.
W. PEB«r.
bills.
C.
3
Com.
DREXEL BUILDINO,
New York.
BUY and SELL RAILROAD STOCKS and BONDIi
U. S. GOVERNMENT, STATE. CITY, and all otkef
Wall
N. Y. Stock Excb'de
W M. BLLiHAH, Member of the N.Y. MininK Bxoh'Ke
L Hudson
EXCHANGE
COI7BT,
&
Co.,
NEW YORK,
on commission, for investment or on
margin, all securities dealt In at the New York
Stock Exchange.
C. I. Hudson,
B. B. LsAB.
T. H. Ccbtis.
Buy and
H. R. Prather
REAI. ESTATE
Member N.Y. Stock Bxch.
w. C. McKban,
Member of N. Y. Stock Bxch'ge.
jositPQ P. Lloyd.
34 WAIil.
6c
McKean,
STREET, NEW^ YORK.
Buy and 8ell-H>n commission —Government, Rail,
way and Miscellaneous Securities. Receive detwslts
&
Co.,
AND INSDRANOB,
SIXTH AVE., WEST OP KAN.
88
sell
Lloyd
Coleman Benedict & Co.
.J AS.
St,
BOUGHT AND SOLD uN COHMIdSIUN.
C. A.
tn Philadelphia and other cities.
Particular attention Kivea to information regardlUff
New
York,
BONDS.STOCKSandlNVBSTMKNTSECDRITIES
LINDLET HAINK8
H. Taylor
&
BKOKBRS IN
OAPITAI.,
.and Banlcers solicited.
Satisfactory business
BANKERS AND BROKERS,
Nos. 37
A
Elliman,
& Co.
jfames M. Drake
(
&
Co.,
STOCK BROKERS,
15 BROAD STREET,
New York.
Equipment of Railroads undertaken.
Buttrick
&
No.
;
BOARD OF DIRECTORS
LAPSLKY,
D. SBYMOUB WIU.ABD,
Members N. Y. Stock (exchange.
JK.
Cyrus W.Fikld,
Cyrus W. FiKLD,
New York.
BUY AND SKLI,
9,000,000 Francs.
- •
Bankers
No.
Kennedy Tod.
J.
Kennedy
S.
Anversoise,
Centrale
KBNNEDY.
S.
ATB..!
TOPEKA, KANSAS.
Loans negotiated. Collections made. Taxes
iiald.
Municipal Securities bought and sold.
P. F. Keleher
30S
& Co.,
OLIVE STREET, ST. LOVIS, Mo,
First-class Western Investment Securities for
St. Louis City and States of Missouri, Kansas,
Texas, Arkansas and Colorado Bonds a spedaltr.
Full information given In reterenoa to same on application. Coupons and dividends oollected.
sale.
subject to check, and allow interest on balances.
Gwynne & Day,
fEstoblislied 1854.]
No. 45 W^all Street,
Tranaaot a general banking and brokerage bujl.
ness In Railway Shares and Bonds and Oovernment
seourities.
lAterest allowed
on
deposits.
InTMtBeoU owefully ftttooaAd to.
Trask
&
Francis,
BANKERS AND BROKERS,
TO Broa4wa7 A 15 New St., New York.
ALSO,
COB. MAIDBN LANB .\ JAMBS ST., ALBANY, N, T.
Transact a General Banking Business.
STOCKS and BONUS Bought and Sold oa UOK*
Bteslan, and carried on Marxlas.
,,,_,,
Deposits received and Interest Allowed,
:
THE CHRONICLE.
Vol. XXXI.
Foreiirn Bankers.
Foroisn Ekctaangc.
Foreign Exchaiife.
Nederlandsche
Drexel, Morgan & Co., JCnoblauch
WALL 8TRBBT,
& Lichtenstein, Handel-Maatschappij,
COKNKK OF BROAD, NBW YORK.
&
trexel
N".
S4
Co.,
SoPTB TuiBD
BANKERS,
O
39 WilUam
Drexel, Harjes &
n BooleTard HauumanD
St..
The Netherland Trading Society
Excbange
cor.
St.,
NEW YORK.
iBKe Telegraphic Money Tr«naf era.
Unnr Bllla of Exchange and lane Letter* ot
PmrU.
pmudelpbla.
DOMESTIC AND FORBIQN BANKERS.
ESTABLISED
Credit
($i4,40U,060, Gold.)
Execute orders for the purchase or sale of Merchandise, Bonds, Stocks, and other securities. In the
United btalec, Europe and the Kast make Collections
buy and sell Foreinn Exchange, and give advances
upon Merchandise for Export.
OLIVER S. CARTER, ) Agent*
SPECIAL PARTUEK,
OKITTSOHR RANK. Berlin.
Depo«lw received tohject to nr»n. Securlttei. Oold,
sold on Cotiicnlstion. Interest a'loweo
on Depoiiu. Korelgn Kichaut-e. Commercial Credlta.
Circular Lattera for TraTelen.
TraasferJ.
Cable
*e boughi and
:
.
aXD AGBXT8 OF
ATT0B<!CXTB
ncHra.
No. «2
J. 8.
muKGAN &
OLD BROAD
Brown
WALL
ST., N.
IT.,
OF
Office,
$5,500,000 Paid Up.
Capital,
JOHN HAMILTON.
JOHN MCLENNAN,
Proaident.the Hon.
BPY AND SELL
Vice-President,
OF FX€HA1WGE
B1L.L.S
Nbw
CANADA.
Co.,
HEAD
ESQ.
HONTREAL.
OFFICE,
IKBLAND, FRANCE,
ON GRKAT BRITAIN AND AND
HOLLAND.
GERMANY. BELGIUM
GEORGE HAGUE. General Manager.
Credits
Travelers'
and
Commercial
Issue
WM. J. INGRAM. Asst. General Manager.
AY SIERLINQ,
BANKERS:
AVAILABLE IN ANY PART OF THE WORLD. LONDON, ENG.— The Clydesdale Banking Comp'y.
And In Franca. In Martinique and Guadaloupe.
NEW YORK— The Banlt of New York. N. B. A.
MAKLKTKLBGIIAPHIC CRANSFBBS
«F MONKTf
B*liW««iitbla and other conntrfes, through
and
London
Faris.
Oolleotiona of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.
Make
.
&
G.
S.
The New York Agency buys and
&.
New York Agency, 48 ExcUange-place.
HENRY' HAGUE,
JOHN
J.&W.
HARRIS
B.
JH.,
GEORGE STEPHEN,
C. F.
S9 EXrHANG-E PLAOB,
'CbBNBR BROAD gTKKHT. JIKW 10KK.
''
[gsne Letters o' Credit for Travelers,
&
Co.,
PARIS.
CO.,
ttfSSJSQ CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
NoTxa
J.
&
CBBnrra fob Tbatbijir8.
A2n>
&
Stuart
8MITHERS, General Manager.
Co.,
J.
NASSAU STREET.
BILLS 0F EXCHANGE ON
PAYNE
&.
SiniTII'S,
BANKERS, LONDON
:
JIAN/OHESTEH & COUNTY BANK,
,i\
•LIMITED;"
JtANCHEBTBR, PAYABLE
HEAD
Agencies
OFFICE IN AMSTERDAM.
Batavla. Soerabaya and Samarang.
ii,
Correspondents in Padang.
Issue commercial credits, make advance* on ship.
ments of staple merchandise, and transact othei
business of allnancial character in connection with
the trade with the Dutch Kast Indiea.
BLAKE BROTHERS &
CO.,
North America,
WALL STREET, NEW YORK,
28 STATE STREET. BOSTON
AGENTS
FOit
Hong Kong &
Shanghai
BANKING CORPORATI«N.
CAPITAL (paid-up)
BEAD
$5,000,000
1,500,000
OFFICE,
BONO KONO.
The Corporation grant Drafts and negotiate or
Bombay, Calcutta, Singapore,
Manila, Hong Kong, Foochow, Amoy
Ningpo. Shanghai, Hankow, Yokohama, Hiogo, San
Saigon,
Francisco and London.
T«W>SEND, Agent.
A. M.
59 Wall St.
i
Boy and sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available In any part of the world issue drafts on
and make collections in Chicago and throughout
the Dominion of Canada.
;
London
Office,
No. 9 Blrchl n Lane.
California Banks.
The Nevada Bank
OF SAN FRANCISCO.
New lork Agency, 62 WaU Street.
AGENCY OF THE
Surplas,
Bank
?i
British
North America,
No. S2
fers.
Invested In JJ. S. Bonds,
$3,500,000 Gold.
OP
WALL STREET.
sell Sterling
Issue
Exchange and Cable Trans-
demand di-afts on Scotland and
Ireland,
on Canada, Britlah Columbia, Portland, Oregon,
and San Francisco.
Bills collected and other banking business transalso
33
sniTIi,
Pald-Up
Established in 1863.
Capital, 12,00t>,000 Guilders
($4,800,000 Gold.)
RESERVE FUND
Walter Watson.) AKO""Asents
A. LANG,
Bay and
CTBCnrfcAB
HOLLAND.
A laSTER D A M,
President.
SEW YORK OFFICE.
59 & 61 WAL1> STREET.
No>.
No. 8 "Wall Street, Neiv York,
No. 4 Post Office Square, Boston,
CHEQUES AND CABLE TRAN8FKBS ON
Ac
lor
America
New York,
142 Pearl Street
14
;
Payable In any par of Europe, Aiia, Amen, Aoitrallt
ad America.
Draw Bills of £xc.^ange and make telegrapblc tranpfeca of money on Hurope and OallforHia.
inVNBOE
)
collect Bills payable at
BANKERS,
John Munroe
\
1, 1B79.
Nederlandsch Indischc
Handelsbank,
i
$12,000,000, Gold.
6,000,000, Gold.
CAPITAL,
SURPLUS,
York, January
Acents
^genta.
)
Bank of Montreal.
COMPANY,
Seligman&Co.,
Bx-
description of foreign banking business undertaken.
ABSKTS FOB
S3 WALL STREET, NEW YORK.
as 8TATK STREET, BOSTON.
sells Sterling
in
chanire. Cable Transfers, issues Credits available
in Canada
all parts of the world, makes collections
at any of
and elsewhere, and issues Drafts payable
the afaces of the bank in Canada. Demand Dralts
Issued payable In Scotland and Ireland, and every
G. C. Ward,
BARING BROTHERS
STANTON BLAKE,
HENRY E. HAWLEY,
Merchants' Bank
CO.,
&
Brothers
Mo. 89
CHiiadian Banks.
LONDON.
ST.,
1834.
Pald-np Capital, 36,O00,00U Florins.
principal cities o' Europe.
all
tT^liable In all parta at ibe world.
OF HOLLAND,
Place.
D. A.
acted.
MCTAVISH,
W. LAWSON,
)
.
„ents AK«°'8..-
i
Imperial Bank of Canada
Capital, $1,000,000.
H. S. HOWLAND, President D. &. WILKIE, Cashier
GEORGE
L.
BEANDER,
Agent.
Issues Commercial and Travelers' Credits available
In any part of the world. Drawo Exchange. Foreig
and Inland, apd makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to paj
Dividends on such securities at due dates.
Bankers, London. S.MITH,
do
do
do
PAYNE & SMITHS.
UNION BANK OF LONDON.
NewYork.BANK OF NEW YORK, N. B. A.
do AMERICAN BXCHANOK NAT. BANK.
do
THE
Anglo-Californian Bank
;
M LONDON;
HEAD
(LIMITED).
OFFICE, TORONTO.
LONDON, Bead Office, 3 Angd Conrt.
Bbanchbb
ULSTER BANKINC COinPANV,
FRANCISCO Office. 4!i2 California St.
SAN
BELFAST, IRELAND
ST. CATHARINES, PORT COLBORNE, ST. THOMAS
YORK Agents, J. & W. Seiiaman A Co.
NEW^
AMD ON THB
INGERSOLL, WELLAND, DUNNVlLLE, FERGUS.
NATIONAL BANK OF SCOTLAND, Dealers lo American Currency and Sterling Exchange. BOSTON Corresiioud'ts, JIassacliusetts N. B'k.
:
EDINBDRG, AND BRANCHES;
Agents in Londoa
BosANQtjKT, Salt & Co.,
:
ALSO.
;:ABLB TRANSFERS
AND LETTERS OF CREDIT
93
Lombard
street.
t
1
|
Agents In New York
Bank of Montrkal,
59 Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
•
Authorized Capital, Paid up and Reserve,
-
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In
all parts of the world. Collections and orders fox
Bonds, Stocks, etc., executed upon the most favor-
FRED'K F. LOW,
(MunaanrH
IGNATX STEINHABT. Managers.
LILIENTHAL, Cashier.
able terms.
J
Foreign Bankers.
No. 25 Pine Street,
Pnrcha.se and
sell, ctn
New
York.
Commission, GOVERNMENT.
STATE. .MUNICIPAL and RAILROAD BONDS
and STOCKS, and all classes of Jjecurities deiilt In
Ht the NEW YORK STOCK K.XCHANGE, or all
in the OPEN
COMMEUCIAL PAPER
remitabio Securities bought and sold
MARKET.
negotiated.
check.
LOANS
and
Interest paid on
vnLLIAM
THOMAS H.SOUDia^.
B.
DEPOSITS
_
HATCH.
subject to
FRANK JENKINS*
Adolph Boissevain & Co.
BANKERS
AND
conmssioN merchants
AMSTERDAM, HOLLAND.
N. T. Cor: etpondeni*,—Messrs.
BLAKE BROS. A 60
P. N.
Dodge, Potter
&
Co.,
BANKERS
AND
COTTON COMMISSION MERCHANTS,
34 PINK STREET,
New^ York.
L
,
.
THE CHRONICLE
Jui-T 10, 1880. J
Boston Bankers.
Geo. U iii.Ballou&^Co
Financial.
Financial.
BONDS OF SVBETYSniP
FIDELITY (GUARANTEE BUNB8
ABE IBSUBD BT TBB
For
an4 Kmployeea or Bank
and ItallWMjra.
Officers
ANKERS,
8 IVall Street,
DeToimhlre
Til
NEW VORK
Oco.
AND IMTBBS8T ALLOWED.
RAIL.KOAD and mVNICIPAL
SECU KITIES For Sale.
Wm. Balloc.
Qbo. H. Holt.
&
Brewster, Basset
B A N KE H8
Co.,
H<Mton, Maaa.
UdAlan
Commercial
BoDda. Uold and
In BlocKt.
vaper.
Order* executed on
CommUalon
AacUOD»,and Prtvate
Broken
ftl
Boftrd
SiJe.
Inreatment Securltlea conetnnttron hMid.
Co.,
BANKKBS
IN GOVERNMRNT SECURITIES
County and Railroad Bonds.
H. Peck,
AND BROKER
&
(7
I
L D
Stackpole,
BANKKKS ANu
and
Ad-
&
Smith,
BROAD STREET.
VIBOIKIA BEC0KITIK8
•oltcUed
and
InfonLatlon
CoBRsapoKDBKTa— McKlm Brothers *
S. B. BBBauBe, Pree't.
Kimball
jr.
a
for-
BANKERS and BROKERS
4 Exchange Catrt, JVeia York.
'itytmrt mrmttnhif in V.
Broadway.
.M. HirilAHDH. President.
Lyma.v W. Bkiugk. Vlee-Presldent.
Wm.
Juu.v .M. Crane. (Secretary.
EDWARD STAKK. Ceneral A«ent.
DlRErTORS-Geonte T. Hope. A. B. llull^J.O.
Williams. W. G. Low, A. H. Harnes. H. a. Hurlbut,
l'.
Sttei JCxciMMgt.
Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also. State, Municipal and all
classes of reputable investment securities, bought
and sold at best market rates. Investors and dealers
wishing to buy or sell are Invited to commnnicate
with us. Loans iwgotiated for bankers and brokers.
Cor. of Montague
This Company
VHOS.r. MILLER. R.D.WILLIAMS, JNO.
B.
Ir.
HILLEU.
Thos. P. Miller
Room
24.
B. CiREENE,
BANKER AND BROKER.
30 Broad St.. New York.
&
:
:
of Liverpool, Liverpool.
8TA1BB
lucorny. ate
NK,
1
»
ISiS. f
C.T.Waijcee
LITTLE ROCK, ARK.
(Paid-in)
..$76,000.
a£,O00.
Prompt attention given to all business In our line.
N. T. CoBBKSpoNDENTs, Dosnell, Lawsoo ft Co.and
t le Met' ooolltan National tJanx.
Co.
68 Broadway, cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BON l)S FOB CASH OR ON MARGIN. BUY AND SELL COMMERCIAL PAPER.
P. O.
Cashltr.
German Bank,
ttDBPLDB
«^
BANKERS,
ALABAMA.
Special attention paid to collections, wih prompt
payment.
Correspondents.—German-American Bnnk, New
York Louisiana National Bank, New Orleans Bank
CAPITAL
Trust Co.
sts.,
Brooklyn, N. T.
Is
money,
RIPLEY UOPKS. President.
CHAS. B. MARVIN. Vice-Prea't.
_
Bdoar M. CfLLK.v, Counsel.
TliUSl'EKS:
Wm. B. Kendall, Henry Sanger. Alex. McCna,
for
John
P. Kolfe,
Chas. B.Marvin. A A. Low.
B.Baylis. Henry K. Sheldon
U. K. Plerrepont. Dan'iChanncey. John T. Martin,
M.
Alex.
White. Josiah O. Low. Uipley Ropea,
Austin Corbln. Edmund W. Corllea.
WTI. B BUNKBB, Seoretarr.
Thomas Snlilvnn.Abm.
.
&
12
Foote,
WALL STREET,
BUT AHS BBLL
GOVERNMENT BONDS. STOCKS AND MSCm,.
LANEOUS SECURITIES.
THEO. V. 8AXD.
KDWARD A.
Petit,
MAX
B. 8Ain>.
&
Co.,
MemberN. Y. stock Bzch.
Sand Brothers
BANKXR8 AND BBOKBRS,
New Tork.
STOCKS AND BONDS BOUGHT AND SOLD 0»
54 \rall Street,
COMMBBaAL PAPBB NBGOTIATBO.
"WALSTON H. BROWN.
FRED. A. BROWN.
Walston H. Brown & Bro.
BANKERS
II Pine Mreet,
New
Y*rk.
SPECIAL ATTENTION GIVEN TO THE NBOOTIATION OF
RAILROAD SECURITIES.
&
Gilman, Son
Co.,
BANKERS,
CEDAR STREET.
63
In addition to a General Banking Business, bny
and sell Government Bonds and Investment Secorl*
ties
C
IVALCOTT
CO.,
St
BANKERS,
No. 42 Broad Street,
Co.,
remittances at current rutes of excbantrc on day ot
i
i
Clinton
ailDlstrator.
It can act as agent In the »sle or msnagemaat ttt
real estate, collect interest, or dividends, receive
registry and tran.sfer books, or make purchase and
•ale of Government and other securities.
UeiiKious and charitable Institutions, and peraone
nunccuslomed to the transaction of business, will
Hnd this Company a safe and convenient dcpOBltonr
J.
MILLER
BANKERS,
rresldeot.
A
Wjo.
authorlied by special charter to
•ot as receiver, trustee, guardian, executor, or sd-
CoUectioni maae on «U pans or the Ucted States
^•J^P'^^*I;
T. Stranuhan. Charles Dennis,
The Brooklyn
CHARLES
A. K. Walkxb, CaaUei.
nOBIIiE,
S-
'j
ii'"i;,*'i.^'"S-
Buy and Sell m Ctmmiuicn./cr Cath, »m mm
Mmrtm, Stx*t, JSrnJr, mHdalt InwtttmmU
r*o.
First National Bank,
WlLniNUTON, N. C.
CHAS.
YORK,
Guaran'eeinit the itdellty of persona hnldlni poet.
pecuniary trust and responsibility, thua
ecurlnii a COItPOkATE OU A U A.-«1<KB In Ifeu ol
persc.nal l)ond where security l> required for tba
faithful performance of the ootles of eoploreee In
all positions of trust.
Full Information can be obuined at the OIBoe, lOT
tions of
(5f Co.,
A SPEClALTy.
Co.,
liitOKBBS,
alsbed.
.
HEW
Sheldon & Wadsworth,
Hatch
10 WALL STREET,
BANKERS,
No.
BANKERS AND DEALERS IN
R.
BALTIICORE.
K. 1
applica-
HEAD OFFICE:
260 >t. James Sireet, ITIontreal.
KDWARD HAWLIN(!8. Mimager.
CASUALTY CS.
A.
OF
SmcnrUitt, in hit if mil.
&
Wilson, Colston
and
to December
Just published.)
No. 37
Southern Bankers.
»VBSTMKNT
Government
$476.4fl6
SOth, 1»78,
BANKEB8 AND BROKERS,
BANKERS,
Correspondence
FIDELITY
COMMISSION.
&
ipectaltT.
(See Report to
N G,
I
DEVONSHIRE STREET
BOSTON
No. 68
1110,046
Resources
Pomeroy, Cox
Boston, Mass.
Parker
were
And the Gross
Wm. C. 9hkli)on.
Wm. B. Wai>8wobth._
bdwabd pommbor. w.h. oox,jr.. 09carb. smith
Curtis,
STOCK BROKERS,
imnONS' B
mly
that baa
succossfully conducted this business.— a result of
is that It hut been able to establish a Unmu
svstom'for those who huve been U or more years on
the books, whereby the subsiMiuent pruiulnms are
annually reduced.— (he n;lu<-tlon IMa year U Jrum IB
to 1^5 per cent on the nnual rate.
The advantafics of transaotlnu business with this
Company are that it is a woil-ostnblli.hed Institution, and has ample refierves, over and above its
capital, to provide axainst exceptional reverses.
The most complete and reliable information is obtained as to the <tri^^C'''l.'fit.'< of Employees, and this is
realFy of the llrst irapurtanco to the Kmploer. as
also the system of periodical supervision and revision of those on the Company's Books.
over 1100.000 have already been paid by this Company for fcisses by unfaithful employees, vrUhout a
siii^Jie conteM At hvtit.
The Available Assets of the Company fat
Slst Dec, ISTH) over and above uncalled
All classeB of neRotlable securities bought
told at the Stock Bxchauge on CommlsBlon.
raaces made on (»ame.
BOSTON.
Jackson
iH tllO
BONDS AND iTOCKS.
EXCHANGE PLACE,
No. 7
The CANADA UIAIUNTEK COMPA.W
Company on the Ammldan Continent
tion to the
DEALCRS
F.
NKER
Tills comiwny's Suri«iy:.liip Is accepted by many
of the principal U. S. Hallroad Companies and some
ortbe Hanks. In Canatla Its Bonds are now almost
universally required i)y the (Governments, Banks,
Railways, and (?omm('rt'lal Institutions.
Prospectus, Fotois. Ac, may be had on
STATE STREET, BOSTON.
State, City,
Canada Guarantee Co.
GRANTS BONDS OK SECURITV KOK ALL
KLKillll.K MEN IN SITU POSITIONS. AT A
TKIKI.ING DIAIMJE I'EK ANNTM.
Capital,
&
Chas. A. Sweet
40
Ehi'i.oyee Need ahk hid
Hk<(hik oh Oontinoe Ills
SUUETIKK, AX TlIK
KUHNDS TO
which
OONURESB STREET,
3S
'No.
Nu Bank OR RAILROAD
BOSTON.
DIPOSIlfl RECEiriED
Oboiee
St.,
iU
Box
D. A. BOODY.
447.
C.
W
MoLellan, Jr.
R eubex Lelakd.
Hickling
&
No. 40 Excbanse Place,
Transact a General Banking Business, buy and sell
on commission all securities dealt In at the New
York, Philadelphia and Boston Stock Exchanges,
either for cash or on margin.
Special attenUon
givetito Mining Stocks.
Walcott.
Frank F. Dickinsoh.
Members N. Y. Stock and Mining Exchanges.
Jos. C.
New
York,
New
Engrlaud
& TVestem
INVESTMENT
NOS. 31
No. 19
AND
33
PINE
ST..
CO.,
NEW
YORK.
CONGRESS STREET. BOSTON,
UNION BUILDING. CHICAGO.
CAPITAL STOCK,
9200,000
Offers to Investors carefully-selected securities
bcarinK from fl to 8 per cent interest. Investment
Co.,
New
York.
Execute orders for stocks on email margin, and
purchase time options— 1100, 100 shares. 1-18 com,
mission. Send for Financial Stock Beport,
Securities bought and sold on coniniittsliui. Settlements mude for holders of defaulted securities.
Will act as agents in funding and reorKunizing debts
of munioipiilities, railf'-ad comiianies, and otber
corporal iuns.
I'nrrespondence solicited.
JuHN t'. SHORT, President,
Gkokok \\\ I>KB :voiSK, V.
Wu.
vow
Pres. i ^^^ rorc.
Vice-Pres., Bostoiu
P. W'ATtiu^, geo. trnd TreA«..Chicftgu.
JyUCirs
\a.
HruBAKi). Asst.
(
v-nffc-
:
.
THE CHRONKJLE.
FOKT DODUE
DK8 MOINES dk
THB
RAILROAD COMTANY-The
this
Coupons on the
Companj, maturing Juljr 1,
the ofllce of
1880, will be paid on presentation ai
Uortoo, Bliss & Co.
8AUNDER9, Seorctarr-
FRANK
RAILROAD COMPANY
a dlTldend of
THRBK PER CENT upon Its Preferred Stock, payable ADS. i. 1880, at this office.
The transfer books of the Preferred Stock will be
eloMd at 8 o'clock P. M., on Saturday, the 10th day
0.
Of Joly next, to be re-opened on Thursday, Au«c.
JOHN A. HILTON, Secretary.
LOUISVILLE
RAIL-
NA8HVII-I.E
Jt
ISSUE, 85,000,000.
The mortgage which
flrstlien
10.
closed from the 8l8t of
July to the 6th August, both days inclusiye.
H.
VICTOR NEWCOMB,
President.
NBW YORK, July 7. 1880.
and
250
RORIN^, P01VBLL &
No. 40
CO.,
WALL
BTREET.
CLOSSON & HAirS,
No. 11
Exempt from Taxation in Pennsylvania.
FOR SALE BY
CHAS.
SWEET &
A.
Treasurer.
Kountze Brothers,
Treasurer's
New York, June 26, ISSO.— The dirccUira of
Company have this day declared a dividend of
BANKERS,
Depot,
lao Broadway (Equitable Bnlldlns),
It
VANDERBILT.
'
BANK OF THE
No. 08 Bowery, corner
of Canal Street.
FORTIETH
DIVIDEND
BBMI-ANNUAL
OF
INTEREST.
The trustees have ordered that Interest be paid on
all sums remainln;r on deposit during the three and
At the
June
30, lh«0. as follows
ending
six months
rate of five per cent per annum on sura:^ of $5 up to
:
excess of $1 ,000 at the rate of
four per cent per annum on such excess, payable on
and lurter July 20.
Interest will be credited the same as a deposit of
cash, and if not withdrawn will be entitled to interest from July 1.
Bank open every day from 10 to 3, and on Mondays
and Saturdays from 10 to 7.
Bank-books in F^nglish. German and French.
SEYMOtfR A. BONCE, President.
Henry Harlek, Secretary.
Chaules W. Held, Cashier.
{1,000,
and on sums
in
OFFICE OF THE ONTARIO SILVER
MINING
July
CO.,
18
Wall
Jtreet,
New York,
6, 1880.
S\r
WESTERN
issued for the use of travelers in
8dl pans of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places in the United States.
Deposits received subject to check at sight, lind interest allowed on balances.
Government and other bonds and investment securities bought and sold on commission.
Hr.lNTED
IT
NASSAr .STREET,
BASEMENT,
Deals In Investment Secnritles and
Bonds Generally.
WANTED
tireenville
& Columbia
lOiilruail
Bonds.
Boutb Carolina Railroad Securities.
Indianapolis & St. Louis Kailroad Bonds.
St. Joseph A Western Railroad Securities.
Flint ft Pere Marquette Rsillroad Securities.
Port Huron & Lake Michigan Kit. Certidcates.
Buchanan County, Mi souri. Bunds.
Omaha & Northwestern RR. Bonds and Stock.
Detroit ft Bay City Railroad Bonds.
FOR
SALES
Pacific
RR. 1st Mort. Bonds.
Atchison Colorado ft
Central Branch Union Pacific 7 Per C-ent Bonds.
Jersey City, N. J., 7 Per Cent Bonds, duo 1S93.
31 Pine St., N. T.
'Wn. R.
UTLEY,
:
Toledo Logansport &, Burlington Bonds.
Union & Logansport Bonds.
Rome Watertown & Ogdensburg Bonds.
Ind. Btoomtngt'n & West. Old and New Securities
New Jersey Midland Bonds.
FOR SALE:
New York & Greenwood Lake
years.
LEVY
WALL
BORG,
Si.
STREET,
NEW YORK.
Only lien upon tbe Road.
Present price, 9736 and accrued interest.
For Sale by
HATCH & FOOTE,
No. 12 Vra.n street.
RECOMMENDED BY
Phelps, Stokes A Co., No. 45 Wall Street.
Be^j. B. Sberman, President Mecbauics' Bank.
&
Chicago Burlington
guincy RR.
TRUST raORTGAGE 4 PER CENT
SINKING FUND RONDS,
DUE
1919,
FOR HALE BY
KIDDER, PEABODlf
&.
CO.,
14 Nassau Street.
FOR CHOICE
7 Per Cent Mortgages,
A. Moran,
Daniel
37 PINE
SMITH
STREET,
C. Chew,
J.
No. 7 WALL STREET, NEW YORK.
RAILWrAYS.
TEXAS
RONDS, liANDS, A:c.
Desirable Texas Securities lor Investment constantly on hand.
WANTED
City,
MISSOURI, KANSAS and
NEBRASKA
also.
(liember of N. Y. Stock Bxchange.)
All Classes of Railroad Bonds.
and
Buys and sens for
A
County and Toivnsliip Ronds
OF THE STATES OF
NEW YORK,
TOREY
Negotiate* Ftrst-CIass Railroad, State,
all
HAN.VAnAN,
dc
Indianapolis, Ind.
Bonds.
City
Loans.
cash, or
KIRK,
New
Yorlc.
Geo. H. Prentiss,
Securities dealt in at the Stock Exchange.
choice line of Investment Bonds always on
19
Correspondence
ac
No. 4 Broad Street,
on approved margin,
band.
:
NOW OWNED BY THB
& Soathern RR, Co.
ADDRESS
Albert E. Hachfield,
COMPANY. New York. June 9. 1880.
DIVIDEND No. 62.
City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
City of Atchison, Kansas, Old Bonds.
County, City and Town Bonds of Western States,
IS
The net earnings are largely In excess of the accm ing interest.
We offer a limited amount of tbe above bonds
at 92 and accrued interest, at wbicb price tbey
will net tbe purcbtiser 8 jwr cent interest tor 27
AND
VNION TELEGRAPH
The Board of Directors have declared a quarterly
dividend of One and Three-Fourths Per Cent upon
the capital stock of this company, from the net earnings of the three months ending June 30th Inst,
payable at the office of the Treasurer, on and after
the 19th day of July next, to shareholders of
record on the 19th day of June Instant.
The transfer books will be closed at three o'clock
on the afternoon of the 19th day of June Instant,
and wlU be opened on the morning of the 16th day
of July next.
K. B. ROCBESTBm, Treasurer.
KOAD
L. Iron Xonnt.
CIRCULAR NOTES
DIVIDEND
No. 57.
The Regular Monthly Dividend of Fifty Ceats per
share has been declared for June, payable at
the office of Wells, Fargo & Co., No. 65 Broadway, on
the 16tb Inst.
Transfer books close on the lOtb Inst.
H. B. PARSONS. Assistant Secretary.
YORK.
LETTERS OF CREDIT
Treasurer.
/CITIZENS' SAVINGS
*
CITY OF NEW YORK,
THIS
St
CO.,
BOSTON.
RAILROAD
THE MICHIGAN CENTRAL
Office, Grand Central
C.
Lengtb of Road, 13S miles.
Nevada Central Railway
E.D.WORCESTER,
upon its capittl slock, payable
on the second day of August next at this ofllce.
The transfer books will be closed at 3 o'clock P. M.
on Saturday, the third day of July next, and will be
reopened on the morning of Friday, the sixth Oaa
next.
•f August
*
TWENTY-FIVE YEARS.
per cent for
Amount of Mortgage, {2.600,000.
NASSAU STREET.
THIRTT-VEAR BONDJi.
INTEREST PAYABLE JUNE AND DKCBMBBR
June
IN BOSTON OR PHILADELPHIA,
FOUR PUR CKNT
BIGHT
PHILADELPHIA WILMINCWW &
FIRST nORTGAOE
BALTIMORE RR.
SINKING FUND 6 PER CENT BONDS,
FIVE PER CENT RECISTERED
Issued at tbe rate of $8,000 per mile.
urer's Office, Grand Central Depot, New York.
2A 1880. -The directors of this company have this
day declared a dividend of FOUR VMl CENT upoii
of
Its capital stock, payable on tlic second day
August next at this office. The tiansler books will
be closed at 3 o'clock P. M. on Saturday, the third
day ot July next, and will be reopened on the morning
* of yviday, the sixth day of Auiiust next
COMPANY,
IN 1907.
INTBRBST:
FOUR per cent for TWO YEARS.
No. 14
LAKE SHORE & MICHIGAN
THE
80UTHKUN RAILWAY OO.MI'ANY. Treas-
ttala
DUE
KANAWHA
PRICE 95 CENTS AND INTERE8T.
clared this day a semi-annoal dlTldend of fl»e (8)
per cent npon the stock of the company, payable on
and after the 2d of August next.
DiTldends on stock registered In New York will be
(•Id at the office of the company. No. S2 Wall St.,
No.
on
also upon a'ltteproijprty and franchises of the JAMES RIVER &
CANAL, a work of proat value, constructed at
a cost of over ton millions of doUars.
The nndersigiicd, after the fullest investigation, offer and confidently recommend tneso
bonds to investors.
milcB,
OPnCB. No. 52
lO.-NOTlCE.The LoutsTlUe & Nashville Railroad Company de-
The transfer books will be
is a
Une from Richmond
secnrea these bonda
the conipleteil
of
to Clifton Forge, Vircima. » distance
ROAD COMPANY, New YORK
WALL STREET. Rooms Nos. 9 and
Boom
FIRST MORTGAGE BOXDS,
First Mortgage 7 Per Cent Forty-Year
ST. JOGold Bonds.
this day declared
XXil
THE
Memphis & Little Rock
Richmond &? Alleghany
RAILROAD COMPANY
/^FKICE OP THE HANNIBAL &
^BKPH RAILROAD COMPANY. No. 78 BROADWAT, N»W VoBK, June 80. 1880.—The Directors of
this company have
Vol.
Financial.
Financial.
Financial.
Itortc*ce Bonds of
I
solicited.
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
«« BROADWAY, NEW YORK,
DKALEU8 IN
Flrst-CIass Investment Securities.
GOVERNMENT BONDS, STATE. CITY, COUNTY,
RAILROADS MISCELLANEOUS SECURITLBB
Bought and Sold on Commlsslou.
VirgUiia Tax-Receivatile Coupon* Bought.
aOViBKRN SECUKIT/B8 A SPBCIALIT.
LOANS NEGOTIATED.
ZUmutigT Allowkd on Dcposits.
BROAD
STIffiET,
NEW YORK.
GAS STOCKS
AND
GAS SECURITIES,
STREET RAILROAD STOCKS AND BONDS
AND ALL KINDS Or
BROOKLYN
SECURITIES,
DEALT IN.
8EB GAS QUOTATIONS IN THIS PAPBB.
.
.
xmtlt
HUNTS MERCHANTS' MAGAZINK.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
(Entered, according to act of Congres*, In the year 1880, by
VOL.
Wm.
B.
Dana A Co.,
In the office of the librarian of
SATURDAY, JULY
31.
CONTENTS,
THE
Taloo of Railroad Property.
29 United States Treasury State-
ment
30 Latest Monetary and Commer-
eultinWar!
Land Grants
31
32
to Railroads
Oott«n CouHumption in Enrope
Railroad EuminKS in June,
and for the First Six Months
NO.
1880.
10,
C.l
785.
gant demand for a division of freight on the Eastern association, which is to come up for decision July 20th, while
OHRONIC1J5.
.
Will the Eastoru Question Rc-
CongreM, WMhlngton, D.
cial EiiKlish
News
34
on the other hand
35
put in
Commercial and Miscellaneous
the
& Rock
Chicago
Island has
claim on the Southwestern association for an
its
is to be decided July 12th.
Of course, according to the gossip of the day these
33
ef 1880
THE BANKERS' GAZETTE.
demands are not to be yielded to, and if they are not in
Quotations of Stocks and Bonds
Money Market, U. S. SecurlNew York Local Securities
tiea. Railway Stocks, Foreign
full there is to be a general breaking up of freight arrangeInvestmenta, and State, City
Exchange, New York City
43 ments, last spiung's and summer's rates are to return, and
and Corporation Finances.
Banks.eic
38
THE COMMERCIAL TIMES.
Here is a pack of
52 no more dividends are to be earned.
Commercial Epitome
47 DryGoods
News
36
increased percentage and this
—
.
Cotton
47
Br«adstufts
51
53
Imports, Exportsand Receipt«
evils,
a pandora box
enough
full
the
to satisfy
most
inveterate croaker.
We
have no inside information with which to answer
It may even be true that the
day morning, with the latest neios up to midnight of FHday.
Island and the Grand Trunk roads are set on doing
Rock
fBntered at the Post Office at New York, N. Y., as second-class
It is the worse feature of these
mail matter.]
all the harm they can.
The Cohmeroal aud Financul Chronicle
is
issued every Satur-
TERMS OF SUBSCRIPTiON-PAYABLE
pooling arrangements that any party to them, with either
ADVANCE:
IN
For One Year (including postage)
ForSixMonths
do
Annual subscription in London (including postage)
do
Six mos.
do
do
$10
6
£2
1
20.
10.
7s.
8s.
Bnbsoriptions will be continued until ordered stopped by a written
order, or at the publiaition office. The Publishers cannot l)e responsible
for Remittances unless raaAe by Drafts or Post-OtHce Money Orders.
Advertisements.
Transient advertisements are published at 25 cents per line for each
insertion, but when defluite orders are given for Ave, or more, insertions,
a liberal discount is made. Sijeeial Notices in Banking and Financial
oolmnn 60 cents per line, each insertion.
B.
WILUAH B. DANA, )
!c 00., Publishers.
YOHK.
79
81 William Strmt,
JOHN a. FLOYD, JR. J
WILLIAM
&
DANA
.
these illogical assertions.
NEW
Post Okficb Box 4592.
CP* A neat file cover is furnished
at 50 cents ; postage on the some is
locents. Volumes bound for subscribers at $1 20.
^p° For a complete set of the (Jo.mmeucial and Financial ChroniCLE-^uly, 1865, to date—or Hunt's Merchants' Magazine, 1839 to
1871, inquire at the office.
good or bad motives, can easily work a considerable disturbance; and when there is a large short interest in the mar.
ket, by inducing one road to force a war, values under some
circumstances could be so unsettled as to shake out many
holders carrying stocks on small margins.
the bottom of the present threatened war; but
VALUE OF RAILROAD PROPERTY.
tion of every description of rumor.
which makes crops
critical
—cotton
many
broken up.
against
first
cutting
rates
offered,
is
place,
when there
is
business
the roads, as at present, the chances are
all
gained at the end.
;
and then again, in these cases,
and no more than that could be
It is against reason, therefore, if the
It is called the
a large section,
and being harvested, and corn being matured.
its
is
uncer-
motive
month
all
second
share of the Chicago business, or that the
ripening
Thus
to
is
the Eastern trunk lines in case
going to celebrate the occasion
o'f
it
is
denied a
lion's
Rock Island
paying dividends on
is
its
a enlarged stock by diminishing the chance of paying them
great 6xtent in that month, not only the purchasing power
and the
In the
enough for
a good one, to suppose that the Grand Trunk is
for the propaga- bent on leveling its little gun against a combination of
it
has then reached
stage, while wheat, in
if not, it. is
wholly unreasonable to think the combinations will be
arbitration
The month of July al'ways brings with
tainties and is therefore an excellent season
Of course no
one has any reason for supposing such a motive to be at
again.
But suppose we were to grant that these threats will
even then the other evils mentioned do
easily imagine the satisfaction felt by a coterie of Wall not seem logically to follow.
Times have changed. In
street bears over a very heavy July storm, or the necessity fact, before the railroad wars a year ago were closed, the
they would feel for magnifying a little one if the great one public recognized this in the prices paid for securities; and
of the farmer
planter,
earnings are determined and
fails to
favor them.
We may
but the year's railroad
fixed.
set
it
One
therefore can
be carried out
down
as a fact that
now even
—
the most careless observer
knows
that the old
any approach to it, cannot be brought
many times.
back by the foolishness of any single management. The
This year, besides the crops, we have as an element for business then was in great measure confined to the traffic
disturbing the values of railroad properties, rumors of which passed through certain points; now, though that has
pooling contracts about to be broken and a renewal of increased, every kind of traffic has increased also.
We
railroad wars.
Moreover, there is enough of truth in give on another page our usual monthly tables of
these rumors to make them interesting.
On the one earnings to-day; those who hav3 been promising
crops seldom get through July without
hand the Qrand Trunk
of
being destroyed
condition of
1
878, or
Canada has made an extrava- themselves the
gratification
of
largely-decreased
earn-
THE OHRONICLR
30
ings
first
in
May, then in June,
fer their prophecies into July.
^80 often stated,
now have
will
The
the activities of
truth
is,
to trans-
War
commenced
has actually
to mobilize the
XXXI.
Army
Second
as we have Corps.
While such
country are onco
the
[Vol.
more aroused and its industries are in motion, and any one
who tries to bring railroad property in 1880 down to the
the attitude of the Porte
is
we
are not per-
mitted to think that the recommendation of the Powers
Greece is prewill be allowed to remain a dead letter.
pared to enter and occupy the territory awarded to her,
way, wliolly misconceives the situation. Three weeks since and it is well known that Montenegro suspended action in
we gave a table of net earnine^s, for net earnings illus- the assertion of her claim in obedience to tie Powers and
What adds to
trate more forcibly than the gross earnings this change in pending the decision of the Conference.
measure of 1878, through railroad wars or in any other
Unfortunately the gravity of the situation is the peculiarly unsettled conexpenses are not reported except by a few companies, and dition of Eastern Roumelia. There at the present moment
some of the leading ones which do report them, have not every thing is chaotic, and evidence is abundant that,
business activity which has taken place.
May. But the illustration will probably while Bulgarian propagandism under the influence and at
taking two prominent roads, one East- the instigation of Russia is rife in that province, the Porte
by
be
em and one Western line, and comparing the monthly is hardly able to preserve even the semblance of order or
good government. We are no longer permitted to doubt
statements this year and last year.
that in order to pacify the Bulgarians, there must be
KET EARNINOS.
another boundary line drawn more to the south and east,
May.
April.
Jamiary.\Februar]/. March.
1880.
and a large slice of what is called Eastern Roumelia added
yet
come
in for
as effective
I,a86,298, 1,232,182 1.511.348 1,495,582 1,476.852
Peniuy Irnnia
630,816 525,786 781,780 549,928 827,855
Chic. Bur. i Qiiincy.
to the Bulgarian Principality.
This Bulgarian
1,997,1 14; 1,75 7.068 2,293,028 2,045,510 2,304,707
Total
1870.
Jatmary.' February.
Pennsylvania
CUo. Biir.
1,019.5311,1 7a,»8«
<& Qulncy.
615,985 424,005
March.
May.
Ajtril.
$
987,223 1,031.028 1,034,092
478,710 400,748 512,383
we have said, greatly com.
and tends much to paralyze
shows quite as effectively as the
difficulty, as
plicates the general situation,
the hand of the Sultan.
It
condition
present unsettled
of
inefficiency of the Berlin treaty.
1,535,516.1,596,991 1,46.5.933 1,431.776 1,546,475
Total.
461..598
Increase in 1880...
Increase percent..
yOOOl
160,977
10-00
827.095
56-42
758,232
49 -OO
613,784
42-86
of that portion of
it
which
it
was
affairs
in
Albania,
the single exception
left to
Austria to carry out,
the treaty has proved to be a signal failure.
In the light of such figures as these and of our table of
gross earnings on another page, there seems to be little
basis for depreciating railroad property
where
it is
honestly
is
not necessary that this remark
cable
to
left
Of course
it
should be held as ^pli.
and Roumania,
Servia
were merely
the
With
out of Turkey, and
which by
made
this
treaty
absolutely inde-
managed. Thirty -seveii per cent increase in gross earnings
pendent.
It applies strictly to all the provisions touching
for June and an average since March 1 of 49'42 per cent
delimitation and reconstruction.
So far, with the excepincrease in net earnings is certainly an astonishingly favortion above named, they have all failed.
able exhibit, and there is no wonder under such circumThis brings us to the root of the whole difficulty. The
stances that the rumors we have been discussing have had
arrangement regarding Bosnia and Herzegovina was made
no greater effect.
effectual because its execution was intrusted to the strong
WILL THE EASTERN QUESTION RESULT IN
WAR?
Now
least
its
work, and that an identical note to the
Porte has been sent by the different Powers represented
The other arrangements, such
of Austria.
affecting the
that the Supplementary Conference has so far at
completed
hand
the separation of Bulgaria and
because
as those
boundaries of Greece and Montenegro, and
left to
Eastern Roumelia, failed
the action of the Porte, and because the
Porte was quite as unable as she was unwilling to perform
Hsid a strong army under the
power
been stationed in Albania
much we are nearer a settlement of the questions at issue. control of some foreign
It appears that the decision arrived at in regard to the the Greek and Montenegrin questions would long since
new boundary lines of Greece and Montenegro is substan- have been settled and the presumption is that the Porte,
tially at one with the Berlin recommendation of two years relieved of duty in that direction, would have been strong
ago. If carried out, Greece will have a slice of territory enough and would have found it convenient to establish
off Epirus or southern Albania, which will include Janina, and her authority south of the Balkans.
in'the Conference,
it
remains to be seen whether and how
the duty assigned her.
;
strike the coast of the Adriatic
Corfu and Montenegro
;
which
on a
line
will include Dulcigno, with
If this be a correct representation of the case, the lesson
with the north of
will have a slice of northern
Albania
is
obvious; what
an available water-front treaty
was needed
to give effect to the Berlin
recommendation, or
Such is this recommendation decision, or whatever it may be, of this Supplementary Conof to-day. Such, in all its main features, was the recommen- ference. Force must be applied. In her present mood,
dation of the Berlin Conference two years ago.
The ques- it is quite clear that that force is not to be had frqm the
tion is whether this later recommendation will have any Porte.
It is doubtful, indeed, as we have hinted already,
better results than the former, or whether the Powers are whether she could command the power, even if she were
prepared to use force to give effect to their repeatedly de- willing. The requisite force must be found from without;
clared wishes.
and it is just here where another difficulty of no mean or
As yet we have no evidence that the Porte is willing to inferior kind presents itself. If it shall be found that the
make the recommended concessions, or that the Albanians, presence of a foreign army will be necessary to compose
even if the Porte should consent, are prepared to submit differences and to maintain order in Albania, the question
is
needed to give
effect to the
for purposes of commerce.
unresistingly to a limitation of their territory.
On the contrary all the latest news from Constantinople and from
Albania is of the most warlike character.
Mr. Goschen has
come to the conclusion that nothing but
of armed force by the united Powers will
the employment
is,
which foreign army
the task; but the
the peninsula
is
?
Austria
is
willing to undertake
further advance of
Austrian arms in
looked upon with jealousy by England,
Any
by
advance made by
be of any avail Austria to the south, and Russia will be found active
against the passive resistance of Turkey.
Nay, it would again on the Danube.
We shall not pretend to solve this
seem as if the Sultan and his advisers had resolved on difficulty. Much depends on the course whichJTurkey heroven a more decided course of conduct, for the Minister of self may pursue. If she takes advice in time, she may
Italy,
and by Russia.
further
JULT Cl
THE (3HK0NJCLE,
1880.]
the sympathy rather than the cupidity of
If
the Towers, and so at least prolong her lease of life.
the
hastens
but
she
recalcitrant,
she proves stubborn and
yet
command
31
the Northern Pacific even now, after
its
reorganization, strug-
head above water ? What is the preaeot
condition of the Missouri Kansas & Texas, of the St. Louis
& San Francisco, of the Grand Rapids & Indiana, of the
gling to keep
its
There is
that Chicago St. Paul & Minneapolis ?
Are they returning
and
still
through the firm but judicious pressure of the Powers, war large percentages to their stockholders? Are they not,
rather, satisfied just now to be able to meet their current
will be averted.
Lot him who believes that land-grant railobligations ?
precipitates her
and
inevitable
own
destruction.
the possibility that wise counsels will prevail,
LAND GRANTS TO RAILROADS.
A
much
roads as a rule are rich, study the answers to these ques-
present interest has recently been
and he will speedily be forced to alter his opinion.
ComLand
Association
of
the
of
it will be said that the promoters of many of these
auspices
But
the
under
issued
missioners of the Land-Grant Railways, prepared by Mr. roads have made large sums out of tliem, and lience th*
Daring late years it has been the stock in opposition is just. We do not see how that point has any
;6. H. Tal-bott.
trade of political platforms to avow hostility to any fur- place in a discussion as to the wisdom of such grants.
pamphlet of
No more
"
squan-
tions,
The leading
of the subsidized roads, that is those to which
were voted the largest amounts of money and larg*
to land monopolies," "Our lands for our settlers," are quantities of land, were called into being by a need
expressions that one hears all the time, and which do not which was then felt to be pressing indeed namely, th&
necessity of having a closer connection between our Pacificfail of their intended effect upon the unthinkingjclass.
all
question
is
on
this
public
of
the
territory and the sections of the East.
The roads
attitude
present
coast
The
ther grant of public lands to railroads.
"No
dering of the public lands,"
future encouragement
—
the more striking that it is in sharp contrast with our
Then
policy not longer than 6fteen or twenty years ago.
were considered essential to the welfare of the nation, and
we were prepared to give liberally of the resources at our
we thought no price too high to pay for the precious boon command. Besides, we cannot get a road built in an un
Aid in every form was extended. We populated district without giving the promoters some
of a railroad.
gave them money wo gave them lands we took their inducement and making them believe they are going to
;
;
—
we
did
make money by
everything except undertake the construction of the roads
enterprises that
ourselves.
mensurate with the
bpnds
we guaranteed
;
their
interest
in
short,
the venture.
do not
risk,
Capital will not
offer a possibility of
embark
in
success com-
and certainly the construction of
Have the rail- a road through an unpopulated district is a very risky
anticipated
from
them ? If thing, for no matter how rapidly the country adjoining
good
confer
the
roads failed to
popular opinion, as voiced in current phrases, is to be taken may be developed, some time must necessarily elapse before
Worse than that, instead the line receives even business enough to pay its expenses.
as a guide, they certainly have.
of proving an unadulterated blessing, we must pronounce To enable the projectors to hasten this time and to afford
them the prolific source of harm. That they have be- them meanwhile a source of income, land subsidies are.
stowed some advantages is admitted, but in the wake of given.
tliese has followed, it is claimed, a train of evils more than
The system, then, should be looked at, if we want to
Wliy
this
change in public sentiment
accruing good.
sufficient to oSset the
?
Huge and
gigantic
monopolies have grown up, using the land so liberally
judge
it
fairly,
what has been
from the
its
results it has produced.
influence
upon Government
First,
sales
of
donated to them to enrich grasping speculators, and actual land ? Second, what influence has it exerted in increassettlers, it would' seem, have only with difficulty succeeded ing our railroad mileage and thus stimulating the develThese expressions are said to opment of the country ? And third, how has it affected
iu entering their territory.
do not believe that they the lands granted ? have these fallen into the hands of specrepresent public sentiment.
We
do, but even
if
they did, the vox populi
is
very far from ulators or have they been sold to actual
We
As
settlers ?
be remembered
were in alternate
ultimately instinct leads them to adopt sound views on sections along their lines, the remaining sections being
every question of public policy. But the public is impul- retained by the Government. The price of this GovernHence it frequently rcent land was then doubled, being raised from §1 25 to
sive, and quick to act out its impulses.
happens that it arrives at a correct conclusion only after a $2 50 per acre, the additional charge being certainly
deal of hard experience.
moderate for the advantages to be derived from proxhave,
being a safe guide in matters of this kind.
however, the utmost faith in the instinct of the masses;
to the first of these points,
it
will
that the lands donated to the railroads
,
Besides, in this case the opposition to railroads in the
popular mind,
is
clearly based
upon
error.
It
has arisen
imity to a railroad.
The Government thus not only did'
away a part of
not lose anything in actual cash by giving
ideas of their power, influence and
They are powerful and influential, we admit, and
further we are very decidedly of the opinion that they
its territory,
should not be allowed to use either for the public harm.
the sales of public lands,
same time these are qualities inseparably connected with their growth as commercial agents; as commerce
expands they must go with it, or rather they must always
keep in advance, if they are not to hinder instead of promote such expansion. As to their being rich that needs to
be proven. Are they rich ? How many of the land-grant
phlet the
oiit
of exaggerated
wealth.
But
at the
railroads,
even among those that are ranked as prosperous,
pay
7
jjay
nothing at
Union
per cent or more a year
all ?
Pacific paid
years, as
much
Pacific in the
prior to
its
as
Has
now
?
How many
on the average, during the
7
of them
either the Central Pacific or the
per cent
?
Was
not the Kansas
hands of receivers for default of
consolidation with the
Union
last five
Pacific ?
interest,
Is not
but was really a gainer in so far as lands were
sold that could not find a
market at
illustrating the vivifying influence
all
previously.
of the railroads
A8£
upon
pam-
we quote from Mr. Talbott's
made by Mr. Colby of the
following remarks
Wisconsin Central Railroad.
" In 1852 the sale of lands by the General Government didn't
bring money enough into the Treasury to pay the expenses of the
Land Department in Washington; aiid it became a .serious question whether it would not be expedient for the United States to
concede to each State the lands within its border*. It was thought
best, however, first to try the experiment of giving land grants
to capitalists to induce them to build railways into the unpopulated country and in advance of civilization and business." * *
" They made a grant first to the Illinois Central. In 1853 the
first earth was turned in the construction of that road, and
before the year closed the General Government sold 2,800,000
acres of land, and in fifteen years retired from the State as a
«
" Since the time that grant was made,
*
land owner."
the United States Government has patented to railway companies about 41,000,000 acres of land, and as a result has been
able to sell other lands to such an extent' that it has received
THE OMONICLR
32
of
into the Trwwury from thia source alone $250,000,000, all
which, after deducting the mere expenses of the Land Department, is clear profit."
[Vol..
XZXI.
while the " horny-fisted son of toil" was left in comparative
neglect.
Of course, this informant said nothing of the
gigantic undertakings carried through successfully with the
help of land which was donated, or of the millions of
the growth of railroads, it is sufficiently clear that under dollars of added value to crops made marketable through
the stimulus of such grants a large addition has been made the new commercial avenues thus opened but was satisfied
in
to our mileage (Mr. Talbott places it at 14,628 miles
in leaving the impression that the Government was giving
With regard
to the influence of the grants in fostering
;
twenty-three States and Territories), and that the conse- away all its lands to rich corporations and that the supply
quent development of the country has been simply marvel- was now about exhausted. This belief has gained wide
It is hardly necessary to cite any figures in support currency of late among the ignorant.
lous.
To show its error it
that
of the latter part of this statement, but we may say
is only necessary to say that although altogether 2 15,203,807
Nebraska, which in 1869, when the Union Pacific Rail- acres have been given away to the several States and to
road was completed, had a population of 120,000, now has the Pacific Railroads of which, however, not one-fourth
400,000, while the assessable value of its property has has yet been certified the Government still had on July
risen during the same time from $20,069,000 to $75,359,- 1, 1879, the comfortable little quantity of 710,668,086 acres
800, and that in Minnesota, along the line of the Northern of unoSered lands, not including Alaska.
Pacific, there is now property assessed at $9,561,792,
IN EUROPE.
COTTON
where, when the road was opened, there was but $30,000
—
—
CONSUMPTION
We
have received at so late an hour our cable disIn respect to the policy adopted by the roads in dispo^ patch of Mr, Ellison's circular, issued at Liverpool,
ing of their lands, it has evidently been very satisfactory. Friday, July 9ih, that we are unable to make any conThis is a matter on which grave apprehensions might well siderable comment upon the figures. In the statements
have been entertained, were it not for the peculiar rela- below, however, we give our usual arrangement of them.
It will be seen that, contrary to general expectation,
tions that exist between a railroad and the territory along
If the lands should have been sold to a body of Mr. Ellison makes no change in the conbumption in
its line.
speculators, determined to hold them for higher prices, the Great Britain; he still continues the weekly consumption at 65,000 bales of 400 lbs. each. This is larger than
eflEect upon the country's progress would have been misBut in point of fact such has not been other authorities put it; and we were inclined to accept a
chievous, indeed.
the case, and the railroads themselves, more than all lower rate on account of the less satisfactory condition
The railroad of trade in England now. On the Continent the weekly
others, were interested that it should not be.
to get total is given at 52,000 bale?, which is also the same as
order
traffic.
In
creating
is chiefly concerned in
con- last month. The total takings and consumption in actual
territory
of
the
the
settling
encourage
must
traffic, it
tiguous to its line, and, owning the lands, it can do so, by bales and in pounds, and in bales of 400 lbs. each, in all
of assessable property.
ofiEering
them on
liberal terms.
It is
not to
its interest
Not
should further any scheme of land monopoly.
even the creation of large farms can it countenance, for
the latter, being supported by outside capital and their cul.
that
Europe, to July l,are as follows.
it
tivation carried on
by a few hands,
will give
it
traffic
for
for both ways,
but one way, whereas it must seek traffic
and return traffic grows only as the population grows. To
a corporation wisely administered, the price secured for
the lands
is
nothing
"
—
traffic is
everything.
However much
profit
the
As
Mr. Talbott
company may
aptly
says,
realize
from the sale of land to him (the pioneer),
from his business will greatly exceed it."
profit^
its
tion in Ev/ropt.
Surplus Oct.
DellTerioa
1,1880
1,
BalM. 400 pound*.
Bales, actual.
TaMnga and Cona'mp-
Great
Conti-
Oreat
Great
Ccnt<-
Britain.
Ticnt.
Britain.
Brttain.l
nmt.
89,523
1879,
10,500,000
37,600,000
27,000
94,00*
July
to
2.270.500 2,103,350
Uj.e
893,923.750 2,548,630]2,23430«
2,895.101 2,192,873
931,523,750,2.575,636|23a6,80(»
I
Supply to July
1..
Consumption
same
..
time
Surplus July 1. 1880
Surplus June 1,18-0
Surplus May 1, 1880
Surplus April I, 1880
Surplus Mar. 1. 1880
• 1,019,454,500.
2.167,4*3 1,897.411 973,200,000 806,400.000 2,433,000,2,016,000
295.462 07,054,500 125,123,750
242,391 44,129,000 104,228,300
123,2811 218,518 55.600,000 94,400,000
164.603 005,782 74,058,100 89,112,000
.1 87.117,690' 85,061,120
187.618
98,064
142,636!
110,000|
139,000
185.000
217.0001
312,809
260,000
236,000
222,000
212.000
+ 1,030,254,500.
According to the foregoing we give the present surplus
trial, the
held by the English spinners at 142,636 bales and of
the facts Continental spinners at 312,809 bales.
Our cable, how-
It is clear, therefore, that the policy of donating lands
new
to
railroad enterprises, having
vriadom of the course
is
had a fair
amply demonstrated in
ever, if we understand it rightly, puts the English spinone other point that will bear mentioning right ners' surplus at only 66,000 bales, but states as an
Politicians and demagogues, who ride the waves of explanation that the difference grows out of the 57,000
here.
the popular current, and desire to reach their goal, a big, bales excess forwarded (as reported in our last visible
fat office, as quickly as possible, often seek to give an supply table), 19,000 bales of which Mr. Ellison esti-
of history.
There
is
We
impetus to the current by citing
Figures are mates has been consumed.
figures.
give this statement as
wonderful things. They exercise a most telling effect upon it appears in our dispatch, without at the moment being
the mind, and if you can make them appear perfectly unin- able to explain it fully.
telligible and bigger than they really are, by multiplying
Mr. Ellison again lowers the average weight of bales
them several times as when you have tons, and turn in the total actual deliveries. He now gives the average
them into pounds why so much the better. Besides, by weights up to the first of July at 449 pounds for Great
—
—
a certain class they are the more readily taken in when not Britain against 450 pounds last month, and 425 pounds
comprehended then, too, you do not have to hammer them for the Continent against 430 pounds last month. This
into the heads of your auditors as you would an argument; gradual decline in the average is of course the result of
;
only
cite
failto
them and make them long enough and you cannot the smaller proportion of American and Egyptian in the
impression, and be sure the smaller the head receipts and the larger proportion of Indian and other
make an
We
the bigger will be the impression.
heard a gentleman,
Availing ourselves of the figures for previous years given in the June circular we are able to present
appear shocked, the other day, when told by a devoted the following comparison of takings and consumption
follower of the Greenback-Labor party that 40 or 50 mil- for the last three seasons up to this date, in 1,000'g of
An
instructor
in
lion acres of land
mathematics
too,
had been given
descriptions.
express surprise and
to a single corporation
bales of 400 pounds each.
..
.
JOLY
..
THE CHRONICLE.
10, I880.J
OontinttU.
Oreat Britain.
'79-80. 1878-9. 1877-8. 19-SO. 1878-9.
has been increased heavily, but it is impossible in any
given month to report accurately the miles operated
which earnings are reported. Many of the
54 on
1,300 companies
will
not furnish this information, and
77-8
27
etoek let October
Delivefe, Mar. 31, 26 wks 1,752
35
36
94
117
1,470
1,576
1,424
1,292
BaDDlv
OODiamption, 26 weeks.
1,779
1,620
1,505
1,400
1,616
1,576
1,613
1,340
1,409
1,274
1,354
1,234
139
504
105
539
74
643
178
550
135
688
120
637
5f.3
641
493
617
473
728
468
823
453
757
432
Stock, May 31
Deliveries, June, 4 weeks
110
293
151
166
144
104
260
261
370
183
325
230
OODsnmpUon, 4 weeks.
403
260
tJ08
338
228
621
208
553
202
555
196
143
109
110
313
361
359
Stock Horob 31
Dcliver'R Ap.A M'y, 9 wke
663
OonsompUon, 9 weeka.
.
.
Staek,June30
317
33
It will be noticed that in the above we have continued
the English total deliveries as in the previous statement,
figures for mileage published in some of the
newspapers are grossly incorrect. The following roads
are well known as working a mileage considerably
increased, viz.: Atchison Topeka & Santa Fe, Central
Pacific, Chicago <fc Alton, Chicago <fc Eastern Illinois,
Chicago Milwaukee <fe St. Paul, Chicago & Northwestern, Denver & Rio Grande, Louisville & Nashville,
Northern Pacific, St. Louis & San Francisco, Union
Pacific, and Wabash St. Louis <fc Pacific. The pertinent
question in regard to all these roadH is rather as to the
increase in bonded debt or annual obligations, than as to
the mere increase in mileage, and any precise information
on those points will not be obtained by outsiders till the
next annual reports are issued. In the mean time the
directors have access to the books and can form a much
the
because that is what our cable states them to have been,
but the result is 143,000 bales in the hands of English
pinners instead of 66,000 bales as we understand the
cable to give it.
now bring forward our usual better opinion of the value of the stocks.
table, which shows the monthly record since October 1
eR088 EARmNOS IN JUNK.
We
1880.
in detail.
Bales
OONgUUPTION
Pounds.
IN
400
lbs.
Bales per
week,
400
lbs.
Central Paciflo
Chesapeake & Ohio
...
ChlcaRO & Alton
Chicago & East. Illinois.
100,800,000
80,200,000
252,000
200,500
56,000
50,125
ereat Britain, November, 4 weeks.
Continent, November, 4>a weeks.
Oreat Britain, Dec, 4>3 weeks
Omtinent, Decemtter, 4>9 weeks
.
Great Britain, January, 4»2 weeks.
Contlaent, January, 5 weeks
Great Britain, Marcb, 4is weeks...
Continent, March, 4 week J
March
Oreat Britain, April. 5 we eks
Continent, April, 5 weeks
70,301
61,106
rnternat'l&Gt. North...
97,418
86,648
10,770
Kan. Cityl^iw. diSo.*..
41,530
112,565
842,229
47,043
307,032
113,570
2,653,477
137,874
261,269
48,784
105,988
41,980
365,300
26,704
48,278
504,229
23,586
221,891
91,t09
2,022,323
128,089
108,744
35,870
69,169
31,736
281,921
14,826
64,287
338,000
23,457
85,161
21,961
630,654
9,785
62,525
12,914
36,819
10,244
83,379
21,875
17.661
4,214
121,814
1,936,000
952.049
89.224
1,283,000
519.201
32,590
653,000
432.848
106,125
99,400,000
91,800,000
248,500
229,500
62,125
51,000
191,200,000
478,000
113,125
113,400,000
93,600,000
283,500
234,000
83,000
52,000
Ulinois Centrid (Ul. line).
207,000,000
517,500
1 15.000
113,400,000
104,000,000
283,500
260,000
63,000
52,000
Denver* Rio Grande...
FUnt&Pere Marquette.
Grand Trunk
Hannibal
&
of
St.
Canada!
Joseph.
Do (Iowa leased
Lake Eiie& Western
&
.
...
Nashville
Minneapolis & St. Louis*
Missouri Kansas & Tex
..
Mobile & Ohio
N. Y. Cent. & Hud. Riv.
N.Y.& New England*..
217,400,000
543,500
115,000
104,000,000
83,200,000
260,000
208,000
65,000
52,000
187,200,000
468,000
117,000
117,000,000
83,200,000
292,500
208,000
65,000
52,000
200,200,000
500,500
117,000
Scioto Valley
130,000,000
104,000,000
325,0tK)
65,000
52,000
Toledo Peoria
234,000,000
585,000
91,200,000
83,200,000
228,000
208,000
52,000
174,400,000
436,000
117,000
s.-i
nun
Northern Pacific
Ogdenb. & L. Champl'n.
L.A.&T.H. main line.
Do do (branches)
6t.L.IronMt.&8outh'n.
St.
& Warsaw
Union Pacific (cons, line)
Wabash 8t Louis & Pac
May
*
t
J
Oreat Britain, June, 4 we<eks
Oantinent, June, 4 weeks.
Total
104,000,000
83,200,000
June
187,200,000
260,000
208,000
468,000
Great Britain, Oct. to July, or 39
weeks
973,200,000 2,433,000
806,400,000 2,016,000
Continent, Oct. to July, or 39 weeks
Total
from
Oct. 1 to
July
1. ...
1,779,600.000 4,449.000
•This is really for only about 3>2 weeks, allowance
tke Whitsuntide hoUdays.
1,038,000
1,653,000
115,253
67,037
18,164,772
Net Increase
'
Total
$
107,560
460,171
120,407
452,500
Total.
Great Britain, May, 4 wee^n*
Continent, May, 4 weeks.
$
310,000
43,199
308,912
63,188
161,461
26,919
239.342
259,913
18,260
177,861
521.277
122,230
.
& Minneap..
& Springfleld.
Qev. Col. Cin. & lud....
Clev. Mt. Vernon & Del.*
Delaware & Hud. lines.Chic. St. P.
181,000,000
260,000
1,443,088
148.457
Increase. Decrease.
lines)
8t.l"aiU..
ChlcagoA Northwest.
Louisville
Great Britain, February, 4 weeks,
Continent, February, 4 weeks
S
410,000
110,179
334,742
23,987
311,238
294,105
121.376
776,761
&
Cincinnati
Total Octobtr
720,000
153,378
1,752,000
211,645
609,255
93,234
447,794
66.315
798,658
1,393,087
96,993
62,076
264.522
23,773
232,936
91,873
73,996
583,045
.
Chic. Milw.
Great Britain, October, A^ weeks.
Continent, October, 4 weeks
Total
1879.
$
Atch.Topcka&SantaFe.
Burl. Cedar Rap. & No..
65.000
52,000
.
'..
4,961
70,220
214
78,302
202,232
47,380
193,716
1,823
13,249,394 4,915,378
4,915,378
Three weeks only of June in each year,
For the Tour weeks ended J uiie 26.
For the four weeks ended June 25.
For the
first
half of the year 1880 no railroad included
our tables shows any decrease in gross earnings. As
1 17,000
to the net earnings we have less information, but the
62,384 returns of the comparatively few roads reporting to May
in
51,092
114,076
being made
for
31 are good,
net profits
increase in gross receipts.
Among
RAILROAD EARNINGS IN JUNE, jiND FOR
THE FIRST SIX MONTHS OF 880.
1
and show that the percentas;e of increase in
usually well kept up to, or exceeds, the
is
various
the reports and comments on earnings of
aside from the regular statements
companies,
monthly in our tables, are the following. The
Boston Transcript says of Union Pacific:
"The earnings of the consolidated Union Pacific Railway
Company for Jane are approximately 11,936,000, an increase of
publislftd
The reports of gross earnings on 42 railro ads for the
month of June have now been received, The state$653,000 over the earnings of the separate lines —Kansa-s Pacific,
ments, as tabulated below, show that on a total of
Union Pacific and Colorado Central—during June of last year.
H3,249,.394 gross receipts in June, 1879, then3 was an in- The auditor estimates that $210,000 of this increase is attribcrease in June, 1880, of $4,915,378, or about ;57 per cent,
This
is
the best exhibit, as to percentage o f increase,
that has yet been made, and
utable to increased mileage, arising from newlv-constracted
branches. This leaves a net increase for June of $443,000 upoa
the old mileage, or a gain of 34 per cent."
it will be observ ed that the
The Northern Pacific, Eastern
eolumn of " decrease " in the table is blank t hroughout^ ported thus:
not a single line showing any falling off in business KftminffR for Tlinp 1870
daring June of this year. The mileage of many roads
Increase
Division,
earnings
are re-
loo.UUW
WS.eJOO
...
THl? (JHUONICLE.
S4
Eamins* year ending June
30,
1879
$551,711
In the Pipenses for 1880 are included the cost of steel rails
between FarRO and Bismarck and all road improvements on the
line from Diiluth west.
The Central Iowa Kailway earnings for the first five months
of this rear are reported to show an increase over 1879 of
$86,6S3 gross and $84,671 net.
In the stock market Lake Shore earnings for June are reported to Show an increase of |430,000, and Erie earnings an
mcrease of $900,000.
GROSS BARNCIOS FROU JAM. 1 TO JUI.T
CUicaKO
&
No.
8.481.2.55
Alton
«
Kitgt. Illinois.
3,401,889
532.732
5.417,000
8,390,313
St.Pttul
Cblcaeo <fe Nortliwcat ...
CUie. St, P. & JliiuiiMip..
Chesapeake
*
(!!>3,547
Ohio
1,25(1,425
405,«0O
1,847.736
198.123
2,308,236
743,114
4,761,304
2,287.606
Clnoluiiatl A SpriiittHeld.
Clcv. Col. ("in. & Ind
Clcv. Mt. Veniou &Del'.
Delaware &
IIiul. lines..
Pcre Miiniiiette.
Grand Trunk of Canadat
Great West' n of Ouiadu:
Hannibal A: St. Joseph..
Indiana Bloom, ife West.
111. Central (111. line)
Flint
iS;
Do
1,132.926
569,704
2,800.194
754.100
709.986
(la. lease<l lines).
Internafl
&
Gt. North.
'
Kan. OitvF. 8.
Kan. City Law.
IjOuisvlUe
.V:
Minneapolis
& Gulf.
* 8o.". ..
Naahvilie
.
A; St. Louis'
<k Tex..
Kansas
Mobile i Ohio
N. Y. Cent, ife Hud. Kiv.
Northern Pa?itle
ML-isonri
.
&
Offden. & L. Chanipliiin.
»{iL.A.<kT. H. main line.
Do do (l)rumhes).
Bt. L. Iron Mt. i&eouth'n.
St. Louis \- g. Praucisco.
eeioto Valley
A
Warsaw
Ttoletlo Peoria
Wabash St. I^ouls it Pae.
5()l>.869
317,090
3.895.795
2^4,334
1,980,761
1.003,158
15,742.478
910.031
214.917
62O.083
297,860
2.620.332
1,110,983
134,744
660,636
5,313,838
165,^51
143.183
1,265,504
825,340
1,«38,876
24,250
22,363
440,164
!,13,395
627,600
416,392
425,750
253,386
3,053,566
1,853,122
2,124,526
1,329,405
211,008
170,164
1,200,444
795,121
,158,839
139,524
97.193
880,550
-498,888
732,840
460,143
42,331
381,662
a72,6a7
1,796,597
1,251,109
1,519,21*
1,076.283
NashvlUer-
Gross carniuKS
Operating expenses
,
Net earnings
ITashv. Chatt. & St.
Gross eaniliigs
Louis96,698
Operat. cxpeiis. and taxes.
62,141
Net earnings
ITew York & New En^andGross earnings
r
i?^.' ' 99
146,446
Operating expenses.!.
_
Net earnings
I
Net earnings
rWladolphia & Erie-
329, (88
317,!^68
276,122
273,774
1,476,852 1,034,092
7,082,162
5,244,8*0
261,409
196,025
1,443.774
905,280
1,142,539
805,478
311,470
Gross earnings
Opei'ating expenses
203,237
106,213
Net earnings
Louis Iron Mt. & South'n—
349.053
Gross earnings
Operat. and extr'y exp.. . 327,488
68,384
538,494
337,061
302,640
235,653
2,255,032
1,552,992
1,647,178
1,210,592
21,563
66,987
702,040
436,581
St.
Net earnings
'
Not including taxes for Mareh and April, 1880.
The following
-April
1880.
Atlanta & Char. Air Line—
Gross earnings
Operating exiieuses
Net earnings
of
:
eipenses and net earnings for the month of May. and from
January 1 to May 31, of all such railroad companies as will
furnish monthly exhibits for publication
GROSS EAR.NINGS. EXPENSKS AND KET EARNINGS.
:
-May.1880.
Atlantic >Ii3s. & Ohio—
Gross earnings
Oper'g exp. (lucl. extr'y)
$
;
. .
131,407
73,429
1879.
-Jan. 1 to
1880.
$
130,979
76.940
$
763.750
364,133
May
31.-^
1879.
$
613,239
372,113
54,039
404,612
241,126
Expenses
94,050
116,950
75,661
828,968
529,346
54n,64n
359,183
Net eaminKO
Carolina CentralGross earniuirs
Operating expenses
55,454
41,289
299,622
184.160
23,511
20,730
23,587
23,754
191,731
125,586
179,615
113.491
Net earnings
•Chesapeake & OhioGross earnings
Operating expenses
2,781 def. 2,167
66,145
66,154
199,443
178,314
178,824
132,471
1,044,780
827,063
604.351
596,294
.
.
21,099
46,333
217,715
68,057
Net earnings
<;hicago Burliugtou
&,
542,960
335,393
204,205
2,190,.501
1,314,181
310,90-5
1,306,014
792,985
232,055
131,188
884,437
521,196
£
£.
£
s,
1 (i7,810
1 10,477
138,342
108,540
663,816
469,505
572,677
462,168
51.333
29,802
194,311
110,509
(Duinev—
1,619,227 1,171,303
791,372
658,920
:
Lt.^BII.ITIES,
Fund
X870
215,956 #159,883
92.274
49,646
482,917
269,818
468,223
253,799
37,613
42,628
213,129
214,424
,53,483
35,969
37,238
20,067
273,746
157.977
133,831
109,082
17,514
11,171
115,769
46,749
141,392
94,382
130,308
91,034
688,913
403,478
503,591
354,892
47,010
35,674
285,435
148,699
Delaw. & Hn<l,— Penn. Dlv.—
Gross earnings
91,372
Operatiug expenses......
53,737-
Net earnings
Kew York & CanadaGross earnings
Oi>erating expenses... ..
Ket earnings.
<ic<insiielaer & Saratoga^
I''
Gross eani in gs
Operating expenses
Net earnings
Total of Delaware
Okws earnings
& Hudson
0« .'.Operating exiieuses
ITftt
earnings
Co.'s
roads—
393,653
£59,461
314,293
230.239
1,996,998
1,166,709
1,543,763
976.004
136,192
114,051
830,289
569,759
8,
$14,595,000 00
^'}?'*''i'^i;
^S
notes
Fund for redemption of national bank gold notes.
Curreiu'y and minor-coin redemption account
Fractional silver^oin redemption account
14,09.5,612
97
466,195
4,602
96,973
19,311
00
Interest account
Interest account. Pacific Rjiilroads
and
<St
P. Caual
on D.
C. bonds.
L.
17
20
00
25,680 00
Co
Treasiuer's geueral accountInterest diie and unpaid
Called bonds and interest
Refunding
18,871.426 2o
672,232 81
-
S., agent for paying intej-est
Treasurci''8 transfer cheeks outstanding
'
340,868 86
2,539,041 62
$1 8,768,098 11
7,613,810 36
Balance, iucluding bullion fund
24,581
June
17,534,699 17
2,331,i:31
34,053
1880.
Disbursing othcers' balances
Fund for redemption of notes of n.atioual banks " failed,"
"in liiiuidatiou," and "riHludng circulatiou"
Undistributed assets of failed national banks
Five per cent fund lor redemption of national bank
Net earnings
827,855
512,383 3,316,165
J)clawaro & Hudson Canal Company's roads
Albany & Susijuehanna—
Gross earnings
109,405
84,473
551,339
Operat'g expenses
75,352
59,892
335,433
(,
1,
Dmartmeut account
Ooldicrtiflcates.....
Silver certificates.
'
JULY
for redemption of certlfloates of deposit,
5,319,271
3,017,440
Net eamliTga
of the Treasurer, for
office
was issued this week. It is based upon the actual
returns from Assistant Treasurers, depositaries and superintendents of mints and assay offices
July,
9'22,083
91
«,004,600
12.374,270
-t"
1.367,000
l141,433,114
00
00
00
37
Old debt
418.116
258.231
87,606
UmTED STATES TREASURY STATEMENT.
The following statement, from the
6.714,248
3,398,083
Groas earnlngit
Operating expenses
250,310
162,708
13,570
Treasurer U.
..
300,113
13,596
Net earnings
Post-otiko
,978
Net earnings
Burl. Cedar Eap.A North'n—
Gross earnings
149,504
1879.
52.316
39,246
Canada—
Gross earnings
Operating expenses
Three weeks on ly of Jnne in each year.
to June 26.
to Jime 23.
The statement below gives the gross earnings, operating
.'.
to hand.
1 to April 30.-.
1879.
1880.
^Jan.
$
;
Net earnings
Chicago it AltonGross earnings
Operating expenses
.^
52,916
39,320
;.
Grand Trunk
come
figures have but recently
:..
From Jauumy 3
From January 2
,
166,383
175,439
37,254( <lel.9,i56
I
Northern Central—
Gross earnings
Operating expenses
'
1
$
725,381
43.794
545,488
442,930
53,666
Net earnings
Pennsylvania (all lines east of Pittsburg & Erie)—
3,417,916 2,708.695 16,212,.595 13,023,248
Gross earnings
1,941,064 1,674,603 9,130.433 7,778,398
Operathig exi>en8e3
65,908.73617,418,159
17,418,159
83,326,895
Total
JTet increase
i
1879.
188,120
163,870
Neteamlnge
Lonlsviilo
May 31.—
$
•
ic
CUcago MlUv. &
$
$
653,824 328,522
7,855,408 628.847
2,183,913 ,217,976
388,193 144,539
4,035,1.59 1,411,841
6,960,332 1,429,981
142,805
550,742
812,808 443.617
99.069
306,531
1,469,257 378,479
27,349
170,774
1,778.699 529,537
224,905
518,209
4,015,221 746,083
1,967,552 320,034
893,059 239,767
523,150
46,554
2,528.460 271,734
699.442
54.658
684.293
25,643
356.475 150,394
193,144 123,916
2,628,755 1,267,040
181.723 .99,611
1,212.807 737,954
856.579 116.579
13,157,968 2,584,510
709,242 200,789
65.912
148,975
400,247 219.830
50,094
247,766
1,929,094 691,238
519,854 397,109
124,079
10,665
574.266
86,370
3,639,736 1,674,122
$
$
982.316
and tjixes.
Oi>eratiug exp.
Jan. 1 to
1880.
$.
1.
[ucrease. Decrease-
1879.
1880.
&
187».
XXXL
Vol.
$
Texas Central—
Gn.s» .arniii^s
,
.
1880.
Honston
$890,811
$1,282,553
tm.'saj
——
May.
'/
I
l,jjj,j.-t
Exi>eiiw8yeareuaiD(5 JUUC30, 18(9
Burl. Cedar Rap.
Central Pacific
I
$2,124,338
E«nilnit« year ciKlliieJime 30, 1880.
year eudiiiKJ line 30, 1880
Expenses y
£xpeuse8
Chicaijo
>
.
:
,..
certiflcatfes
^190,402,981 75
$262 185,107 06
ASSETS, JtTLT 1, 1S80.
20
00
80
,124, 536 42
40, 700 00
6 ,581, 701 00
$126, 145, 427
Gold coin and bullion
Standard silver dollars,
Fractiouiil silver coin
Silver bullion
Gold certitlcates
Silver cert ilicates
4-1 .425, 315
21 350, 4,81
v.....'
33 ,020.:359 11
6. 879, 659 78
United 8t:itea notes
National bank notes
Natiitnal l»;iisk gold notes
Fractional currency
Deposits liild by national bank depositories
Nickel and minor coin
New York and San Francisco exchange
One and twivvear notes. &c
Redci'nu-d
<'i-itiririitcs
of deposit,
June
8,
Interest on Uistriet of Columbia
Deficits, unavailable funds
Speaker's certlticates
bonds
43
00
283 50
1 ,232,,722
1,
1872
cheeks and coin coupons paid.
Registered and unelainied interest paid
interest
bonds
and
8.
U.
(Duartcrl.\' interest
210,,590 00
67,,594 37
11 ,124,,342 37
.
520, 500
300,,000 00
78,,540 87
11,,395 75
316,,131 34
637 62
690,,848
30
Pacific Railroad Interest paid
$262,185,167 06
:
..
JvhV
THlB CHRONICLE.
10, 1880.J
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGK AT LONDON—
JtINK 25.
Oit-
Time.
Paria
Paris
Aiuiilcrdam
Aiustcnlaiu
.
.
Ajifwei-p
Rate.
Frankfort
HMnburs
Bate.
2i>-19
2.5-50
20-(i5
®20-G7
'*
lS-43
ail 8 -47
41
20ti.5
tt
•'
Oenna
It
•i»2.^•5.•)
Juno 24
June 24
siiort.
n-92ia®lli<5
.rune 24 3 niofi.
27-97isa>28'02»s June 24 3 lUOH,
"
Bi>ml>ay
Calcutta
..
..
June 24 InxMi.
June 2-1
June 24
June 24
'*
Hmi^Kong..
'•
SUangliai....
When
the shareholders meet again, in a few weeks
probably be able to inform them of a much better
will
lOiad.
and of augmented receipts from the conveyance of agricultural produce. Our agricultural pupalatictt
will be greatly benefitted, as they will now be largely
employed,
amd will have more means at their command to provide for thrfr
requirements. Times have been very bad with them for a lo»g
time past ; but now that farming is yielding somewhat better
results, some increase in the country trade may be anticipated.
Messrs. Morton, Rose & Co. invite subscriptions for $1,500,000 first mortgage 5 per cent bonds of the Chicago Milwaukee &
St. Paul Railway Company (La Crosse & Davenport Division) of
which 5 per cent is payable on application and 88^ per cent on
SBfid.
allotment.
23-32>«
25-50
27-70
27-70
Is.
Is.
3«.
5b.
he
condition of things,
1212
• '
(iO (lays
almost certainly enter upon a period of prosperity, and
ha»
indeed done so, as fruit is now maturing with rapidity. Last
year the chairman of the South Eastern Railway Company
alluded to the fact that the revenue of that undertaking had
diminished considerably in con»eqoence of the indifferent yield
time,
14
Cadiz
347''8
4S>
Ltebon
OOdaj-8
62P8'a52'«
CoptubiiKcn. 3uiua. 18-43 Sl«-45
Ak'xaiidria..
So
this country, and it must be said that they deserve it,
as hop
growhig is expensive, and successively bad crops are attended
by heavy losses.
Kent, famous for its hops and fruit, will
of fruit.
•a/20t)7
25i4®2.'>i8
. .
Vienna
Miidria
Latest
Date.
Time.
. .
flt.)Pev6i-sb'rg
EXCHANGE ON LONDON.
Short. 25-2->3 4«2!5-37's June 24 Short.
5-40 ®25-50
3 11108.
Short. 12-2
®l2-3
Juue"24 Short,
3 uiog. 12-4
®12-4^
"
Berlin
:
«iad.
83t.a.
The proanectus
states that the bonds, which are of
and payable to bearer, are a direct obliga/tion of
the Chicago Milwaukee & St. Paul Railway Company, and are
secared by a first mortgage on the Lacrosse & Davenport Divi-
$1,000 each,
[From our own correspondent.!
London, Saturday. Jnne 26, 1880.
in a very easy condition, and sion, 185 miles in length.
the Banlc return shows that the directors were quite justified in
Tenders will be received at the Bank of England on Monday^
reducing their rate of discount last week to 2^ per cent. They July 5, for £1,480,000 in Treasury bills of the usual denominamight, in fact, have lowered it to 2 per cent, as it is evident that tion, and under the usual conditions. This issue is to replaeethe amount of business they are doing is very limited. There bills about to mature.
is, this week, a further decrease of £288,336 in the
The demand for money ha;s strengthened a little, perhapstotal of
"other securities," the amount being £18,311,636, against £18.- during the last two days, owing to the approaching close of the^
523,864 last year and £20,711,781 in 1878. The supply of bul- half-year and to the commencement of another Stock Exchangelion continues to be augmented both by a return of coin from settlement
The dividends on the public funds will, however,,
provincial circulation and by imports from abroad. The total be paid in a, few days, and aa trade requires comparativeljr
supply of gold is now £29,381,943, against £35,143,525 last year; little capital to conduct it, and as mercantile paper is .scarce, aa
while the reserve of notes'and coin is £18,0,32,483, against £21,- easy money market is expected in July. The following are th»251,650 in 1879. The proportion of reserve to liabilities has present rates for under
increased. to 52-25 per cent, and a continuance of easy money
Per cent. Open-market rates—
is
Per uest.
Bank rate
4 months' hauk bills
21s
2 &2^
therefore looked forward to.
Open-nioi-ket
2J«»2i4
The money market continues
Although trade presents a very quiet appearance, there is
a moderate amount of business doing, for the time of year,
still
and- hopes are stUl entertained that the autumn trade will
be
It is not expected to assume large proportions, but as there is still reason to believe in
a good yield of
agricultural produce, while there are no present indications of
fairly satisfactory.
rates—
6 mootbs' hank bills
30 aud 60 days' bills
l^al-^s
4 dc U mouths' trade bills. 2i-ia3
3 months' bills
l^iSl-Jg
The rates of interest allowed by the joint-.stock banks and
discount houses for deposits are as under
Percent.
r ....,,
Joint-stock
banks
i i^
.
msoount houses
at call
i ij
Do
with 7 or 14 dajs' notice
isj
business seems to be almost
Annexed is a statement showing the present position of th»
week, a fair degree of activity Bank of England, the Bank rate of discount, the price of Con->
dear money, some increase in
inevitable. In Mincing Lane, this
has been apparent, and in the metal trade, iron, tin and copper
have commanded a good deal of attention, and have fluctuated
considerably in price.
From our principal manufacturing
twwns the report is that a fairly legitimate trade is in progress,
and
expected to develop as we approach the autumn.
There appears, however, to be nothing calculated to encourage
the belief tiat a period of activity is near, as there seems to
be a very general disposition to trade with cAution, and not to
nin unutuil risks. There has been a good deal of speculation
it
is
in tin and (opper this week, and on Monday an important
adyance took place but speculators speedily realized to secure
their profits, and on Tuesday there was a marked relapse.
Since then, prices have been steadily advancing, and the metal
;
is now regarded as strong.
The weather during the month of June has been true
trade
to its
the average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers' Clearing House
return, compared with the three previous years
sols,
:
1880.
bills ....
Fablic deposits
1878.
1877.
£
£
26,349,460
8,933,000
28,8f»l,87.5
27,580,375
27.994,045-
7,0i(i,l2i
7,940.2«.")
8,7tK).4H9
Circulation. excluding
Bank post
1879.
£
£
Other deposit 8
2^,32r>X>n8 28.."i84.374 21,9.53.200 20,957.739
Govoi-nm't securities. 15.804,318 I4,<!78.(i35 lfi,'207,6<U 13,214,8.^9Other .securities
18,311,630 is,523,8i>-l 20.711.781 1S..t10.65ORes've of notes & coin 18,032,483 21,251,«50 10,858.129 13,832,353
Coin and bullion in
iMth dcpai-tiuents.. 29,381,943 35,143,525 23,439,50t 26,826,398
Proportion of assets
52-25
to liabillttest
..,;„
Bankiate
213 p. e.
2 p. e.
3 p. c.
3 p. o.
94i«
Consols
98^2
95iex
92x
EnR. wheat, av. price
45s. 4d.
4l8. Sd.
46s. 9il.
648. Od,
CleariuK-Houseret'n. 88,562,000 80.204,000 83,195,000 81,80O,Oo6-
The following
are the current rates of discount at the prin--
and a copious rain has fallen, which, after the very cipal foreign markets:
Bank
Open
Bank
dry spring, has been of vast benefit to the growing crops. A
rate.
market.
rat4).
Pr. ct.
Pr. ct.
month ago, although wheat was thriving, the prospect for
Pr. ct.
Paris
219*2361 Genoa
2%
4
roots, grass and all late-sown crops was not very
j^msterdam
3
23tai3
Geneva
4
encouraging
315
3 ®3i4 Madrid, Cadiz &
bnt matters have now very materially changed, and "if we Brussels
Berlin
4
3 ®3J4
Biux-eloua
4
should have a bright summer, the yield of agricultural produce Hamburg;
2T8S318 IJslion
4
Oporto.
6
traditions,
I
Open
market.
Pr. ct.
I
4
I
4 »&,
55i®6
I
4fc
I
very considerable. Vegetable food has lately become
very abundant, and farmers have experienced difficulty in disposing of certain descriptions at any profit ; but the choicer
will be
Prankfort
4
Vienna
4
St. Pctet-sbnrK ...
6
3 •a3i4
3»8®3''8
434®5i4
I
I
!
Coiienhaiton
New York
.
i9iH
a4'44>a»5;r
*:
5
Calcutta
'
S'^Sti,
;
,
There has been very little demand for gold for export dnring
the week, and, as some moderate amounts have arrived from
sorts have been rather dear. The dry spring
has diminished to
some extent the sanguine hopes entertained re.specting the Australia, a fair quantity has been sent into the Bank of England.
Silver is firmer, the Indian exchanges being higher and"
fruit crop, and of a few descriptions
it is expected that the
yield will be light
but in the aggregate, if we should have Mexican dollars are al.so rather scarce. The following prices of
bullion are from the circular of Messrs. Pixley & Abell
good ripening weather, the result will
;
;
be a satisfactory one.
for once, do not complain. During the last three
weeks the plant ha.s made wonderful progr.'SK, and the plantations are remarkably free from blight.
Growers are looking
forward to one.of the largest and finest crops ever produced in
Hop growers,
:
GOLD.
Bar
Bar
jtold, fine
itvhl. eontaluin;;
20dwt8.
Spanish douldoons
South American doubloons
United States Rold coin
Gerimin Kold coin
silver,
8.
rt.
per oji. standard. 77 9 *
per oz. standard. 77 1019®
peroz. 74 6 ®
pcroz. 73 9 •»
i>eroz.
iteroz.
70 3iai*
76 3I4®
8.
a.
75. O-
THE CHRONICLE.
36
d-
Bn.TBit.
Bar silver, flne
Bar silver, containing 5
per oz. standard.
per oz..standard.
gis. gold
Oakosilver
jreroz.
;
per oz., last price.
Mexican dollars
ChiUau dollars
52''a
53 Vj
57
51%
peroz
Quicksilver,
£6
6d.
128,
®
®
-a
•»
—
d-
....
...
....
» -.
Discount, 3 per cent.
The following flgures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the first of September to the close of last week, compared with the corresponding period in the thr«e previous seaIMfOBTB.
sons:
1879-80.
business has been transacted on
Wheat
Cheap money and good
the Stock Exchange daring the week.
harvest prospects afford support to the markets; but the public
are, as usual at this period of the year, making but few investments, and consequently speculation is rather difficult to pursue
auccesiifully.
The tone has, on the whole, been steady, and no
United
important fluctuations in prices have taken place.
States' Government securities have been decidedly firm, and the
Barley
funded 5 per cents have improved slightly in value. Consols
are at the high price of 9S% ex-div. South American securities, especially Argentine and Buenos Ayres descriptions, are
much weaker, owing to the prevalence of political disturbances
Peas
Beans
A very moderate amount of
[Voh. XXXI.
owt.47,893,199
11,627,910
11,689.054
1,772,854
2,298,116
23,046.111
8,423,504
Oats.'.
Peas
Beans
com
Indian
Flour
1875-7.
1,398,131
1.381,440
28.141,742
7,353,347
28,449,930
7,060,355
34,163,835
11,461,751
9.016.555
1.115,138
3,379,312
28,092,441
5,685,544
com
2,5(18,509
1,422,896
104,145
86,269
15,963
13,423
28,034
84,997
88.326
48,786
499,381
147,771
Barley
Oats
bidlan
Flour
1877-8.
46,744,780
11,625,501
9,797,116
1,452,205
0ET8.
1878-9.
1879-80.
1,097,715
cwt
Wheat
1878-9.
39,062,086
9,233,180
9,266,801
410,970
117.659
1877-8.
1876-7.
1,411,720
53,935
92,534
18,550
18,958
213,539
74.627
731,435
45,245
84,465
22,050
28,627
423,842
39.533
EnsUMli market Beporta— Per Cable.
London and
Wheat gives way in price, but very slowly. White descrip- Liverpool for the past week, as reported by cable, are shown in.
tions, owing to large arrivals from Australia and New Zealand the following summary:
London Money and Stock Market. The bullion in the Bask
show the chief fall, viz., of about Is. per quarter but red
wheats are wanted for mixing purposy, and these command of England has decreased £207,000 during the week.
Sat.
Mon. Tues.
Wed. Thurs.
Frl.
about previous rates. Farmers' deliveries are upon a very lim-
The
in those republics.
daily closing quotations in the markets of
—
;
Since last harvest they have been only about 5,000,000 quarters, against 9,000,000 quarters, or a falling off of
4,000,000 quarters. Oar imports are larger, but, according to
July
ited scale.
the usual calculations, only about 77,000,000 cwt. of wheat and
flour have been marketed since harvest, against 84,207,000 cwt.
last year.
It is, however, well known that millers have been
buying from hand to mouth for a long time, and that their stocks
were never so low as they are now. Stocks in granary are also
small, and it. is these two facts that tend chiefly to check any
important downward movement in prices.
Prance, if the
account respecting the crops in that country is correct, will
again be a considerable importer of wheat, besides which Westem Europe is bare of reserve stocks. Wheat will undoubtedly
be cheaper, if the weather continues flne but England at all
events will again require a large supply, as the area of land
;
under wheat is small.
Advices from Paris state that Algerian flour of
crop has made its appearance in the Paris market.
3.
Silver,
peroz
d.
Oohsols for money
Consols for aooount
U.S. 58 of 1881
52%
98iii6
98 %
10616
11278
llO's
U. S. 4i38 0f 1891
U S. 4a of 1907
Erie, common stock
nilnois Central
42
109
Pennsylvania
Philadelphia^ Reading.
July
5
July
52%
5238
98«i8
981118
July
6.
98iiu
98 %
106
106
106
11278
llO's
42!%
llCs
no's
109
1081s
42 >e
109
112''8
112^8
42 14
131
Liverpool Cotton Market.
July
8.
9.
529ig
9871,
98»,g
10378
11278
11078
4II2
987i,
98»ii
105'g
11278
110'%
109
109
5538
5.114
8I4
8I4
8%
8
New York Central
July
7.
5238
987,6
989 18
da
40%
54%
8
131%
132
131%
See special re port on cotton
Linerpool Breadatuffs Market.
Sat.
Mon.
Tues.
Wed. Thurs.
Frl.
s.
—
—
d.
Flonr(ex. State)Scent'1.13 3
Wheat, No. l.wh.lOO lb. 9 5
"
Spring, No. 2...
9 2
"
Winter, West. ,n.
9 7
"
Southern, new .
9 8
"
Av.Cal. white..
8 10
"
California club.
9 8
Com,mlxed,We8t.!8cnt'l 5 1
s.
d.
».
d.
».
d.
13
9
3
5
13
9
3
13
3
6
9
9
2
9
7
9 2
9 10
10
8 10
9 8
5
10
9 8
8 10
9
5
8
1
Liverpool Frovisions Market.
this year's
—
d.
s.
9 10
8 10
9 8
4 111a
13
9 3
10 1
10 2
9 2
9 9
411
4 11
Halles
—
•
.
.
. .
®0mmcrcial
d.
«.
6
9 9
13 3
9 8
9 3
10
10 2
9 2
9 9
6
9 2
Sat.
Mon.
Tues.
Wed. Thura.
As to the
«.
d.
«.
d.
s.
d.
d.
s.
«.
d.
60
60
60
60
sums up the situation as Pork,We8t.mes8..¥bW.60
Bacon, long clear, cwt.. 35 6
36
36
30
36
follovre: In the south, which last year had a full yield, only
"
Short clear
37
37
37
38
33 6
60
60
60
60
two-thirds are reckoned upon this year. In the southwest, in Beef, pr. mesa, ^ tierce. 60
Lard, prime West. $cwt. 36 9
36 9
36 9 36 9 37
general, a pretty good crop is expected, if the bad weather Cheese. Am. choice " 53
55
54
53
52
The crops there, however, are ten to fifteen
London Petroleum Market.
keeps off.
Sat.
Mon.
Tues.
Wed.
Thurs.
days behind, compared with ordinary years.
In the
d.
d.
d.
d.
d.
& ..
east
an abundant crop is not to be hoped for, on Pet'leum.ref. fgal... ® .. 8 aS^ -- a .. 8ie»8<4
» .. i aSi*
..
Pet'leum, spirits "..'».... ® ..
9
account of the large number of fields that had to be
re-ploughed and sown afresh in the spring. In the centre and
nn&W^i$cclX^ntavLB
crops in France, the Bulletin
S2»u
Frl.
d.
1.
60
36 6
38 6
60
37 3
51
Fri.
8 98>«
..
»
..
^ettra.
west the crops are in general thin. In the North, with the
exception of the department of the Nord, where a good crop is
expected, either from having been injured by the rigors of
the winter or by the insects, the wheat leaves much to be
desired, and is overrun by weeds. Thus, though on the whole
the prospect is better than last year, an excellent harvest
is not to be expected.
Impoets asd Exports for thb Wbbk. The imports of last
week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were $9,188,199, against $9,218,231 the pr»eeding week and $7,805,490 two weete previous. The exports
for the week ended July 5 amounted to $9,447,24^, against
During the week ended June 19 the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to only 24,278 quarters, against 49,426 quartere last
yeir; and it is computed that in the whole kingdom they were
merchandise) July 2:
FOSEION IMPOSTS AT
97,120 quarters, against 198,000 quarters in 1879. Since harvest
the sales in the 150 principal markets have been 1,262,528 quarters, against 2,279,184 quarters; and it is computed that in
the
whole kingdom they have been 5,050,120 quarters, against
9,076,520 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement of the season, it is estimated that the following quantities of wheat and flour have been placed upon
the
British markets since harvest. The visible supply in
the United
States
_
Imports
1878-9.
1877-8.
1876'7.
of
39,062,086
7,353,347
46,744,780
7,060,355
34,103,835
5,685,544
21,884,000
85,332,550
.30,173.600
31,942,000
.78,200,703
or
1,245,486
85,747,933
83,978,735
71,791,375
1,540,555
1,486,347
779,973
76,955,217
84,207,428
82,492,388
71,020,406
home-grown
produce
Total
„
Deduct
exports
wheat and
flour
Result
Av'se price of English
wheat for the season.
468. 7d.
408. 6d.
Visible supply of wheat
In the U. 8
bush. 16,000,000 13,892,032
1878.
$740,661
4,635,066
1879.
$381,203
4,085,407
$1,837,968
7,350,281
$5,403,653
171,185,387
$5,375,727
143,347,100
$4,966,610
153.542,633
$9,188,199
255,893,580
General mdae...
Total week
Prev. reported.
NEW TOBK FOB THE WEEK.
1877.
$1,002,553
4,406,100
Dry Goods
1880.
1. $176,594,040 $148,722,827 $158,509,243 $265,031,779
In our report of the dry goods trade will be found the imports
Total s'ce Jan.
of
dry goods for one week
The following
specie)
later.
a statement of the exports (exclusive of
New York to foreign ports for the
is
from the port of
week ending July
5
:
EXPORTS FBOM NEW TOBK POB THB WEEK.
1879.
1877
1878
For the week....
1879-80.
„
of wheat. cwt. 47,893,199
unports of flour
8,423,504
Bales
week and $9,781,293 two weeks previous. The
following are the imports at New York for the week endinisr
(for dry goods) July 1 and for the week ending (for general
$9,163,891 hist
also given:
is
,
—
$5,022,895
Prev. reported.. 133,915,535
Total s'oe Jan.
The
1. $133,963, 430
$5,763,521
171,397,075
$5,640,576
138,253,368
1880.
$9,447,246
195,597,430
$177,162,596 $163,899,944 $205,044,676
show the exports of specie from the port
York for the week endmg July 9, and also a com-
follovring will
of New
parison of the total since Jan. 1, 1830, with the corresponding
totals for several previous years:
July.
3—Str.
Celtic
liverpool
Uex.sUv.
doto.
Total for the week ($19,537
silver and $^
gold)
"
Previously reported ($2,639,081 sUv. and $2,088,887 gold),
5ls. Od.
5,352,467
528. 8d.
TDt. Bihoe Jan. 1, '30 ($2,658,61 8 gUv.
and $2,083,887 gold)
$19,537
$19,537
.
..
. .
4,727.966
$4,747,50»
—
:
Jolt
—
...
..
.
-
THE CHRONlCLb.
10, 1880.J
Sami> time In—
Same time in—
$55,105,034 1871
S4?,403.H98
1875
20,9'2.'i.H:i:i
31.077,701 1870
1874
16,450,1SO
31,829,235 1869
21.084.2(15 1873
55,125.178
44.115,611 1868
31,509.012 1872
The imports of specie at this port for the same periods have
been as follows:
Same
tlni«
1879
1878
1877
1876
In—
$11,194,094
8,731.370
37
Statement of the Comptroller of the Cnrrenc^, showing by
States the amount of National Bank circulation issued, and the
amount of Legal Tender notes doposited in the Unit(id Ht.ates
Treasury to retire National Bank circulation, from June 20, 1874,
to July 1, 1880, and amount remaining oa deposit at latter
date.
June.
2S—Str.AlUa
29—8tr. Acapuloo
U.
8. of
Colombia. ..Am.
Am.
U.S. of Colombia... Am.
Am.
Am.
Am.
West Indies
30-Str. Atlios
1—8tr. Etna
1—Str.
1—Str.
gold coin..
sllv. coin..
f^^old
«llv.
Rold
For. Bold
July.
Am. silv.
Am. gold
Porto Kioo
Alvo
British
C. of
Vera Cruz. .Cuba
Mexico
West
$200
320
200
sllT. coin..
Indies. For. gold
coin
coin..
coin.
coin..
coin..
coin..
c«in..
1
.
44,332
4,308
2,415
842
375
3,683
3,620
49,970
328
318
600
300
338
.
diist
Am.
2—Str.
2—8tr.
3—Str.
3—Str.
gold coin..
For. gold coin..
Am. silv. coin
Am. gold coin..
Dutcli West Indies. Am. gold coin
Mexico
Am. sllv. coin..
C. of New York..
British West Indies. For. gold coin..
Bermuda
Ha<yi
Porto Rloo
Am. silv. coin..
For. sllv. coin..
Am. gold coin
For. gold coin
C. of Para
Dutoh West Indies. Am. silv. coin
Crescent City. . ..U. S. of Colombia. Am. gold coin
Am. silv. coin..
Venezuela
Augustus
2,771
13.191
.
.
1,200
.
400
2,190
1,701
500
700
.
3—Str.
3—Str.
Maine
Vermont
M.assaoh usetts
Rhode
Islimd.
Connecticut
.
Now York
Now Jersey.,
Pennsylvania
Delaware ...
Maryland ...
Dist. Columbia
Virginia
West Virginia
N'rth Carolina
10,200
S'th Carolina
.
.
25,20.5
Georgia
. .
.
3,700
1,445
1,400
4,500
4,380
Florida
South America
England
For. gold coin..
Am. sllv. coin
.
Total for the weelt ^$135,947 silver and $54,018 gold)
Previously reported ($2,780,555 silv. and $1,813,128 gold)
$189,96.')
4,593,683
..
.
Alal>ama
Mississippi
.
.
Same time in—
1879
1878
1877
1876
and $1,867,146 gold)
.
.$4,783,618
Same time
Same time in
1875
1874
1873
1872
$5,534,470
13,140.616
7,434,873
2,331,867
$7,386,161
2,659.803
2,758.969
2,733,718
1871
1870
1869
1868
in
$3,233,000
7,281.047
9,747.700
4,008,2,53
The following table shows the receipts and pa7ment.8 at the
Sub-Treasury in this city, as well as the balances in the same,
for each day of the oast week:
Payments.
Receipts.
July
"
"
"
3...
5...
6...
7...
8...
9...
944,341 24
1,478.220
1,246,090
1,185,569
1,492,388
2,095,612 73
...Holiday ..
2,272,961 28
80
77 1,366,:S04 60
94 1,076,625 60
54 2,341,127 04
Currency.
Gold.
84,320.394
84.452,337
84,481,975
83,909,372
6,833,998 53
93
57
96
80
6,935,867
6,889,711
6,969.016
6,089,880
65
18
29
95
Total
6,316,611 29 9,155,631 25
U. S. Legal TEWDEEa and National Bank Notes. From the
Comptroller of the Currency, Hon. John Jay Knox, we have the
following statement of the currency movements and Treasury
balances for three months past
—
Bonds held as security Jor
NcUional Banks.—
v. S.
April 30.
Bonds for circulation deposited... $3,319,100
Bonds for circulation withdrawn. 3,971, .500
May 31.
June
30.
$3,107,600 $2,917,300
3,396,200
3,980,300
Total held for circulation
363,003,650 362,715,050 361,052,0.50
Bondsheldassecurity for deposits 14,742,000 14,727,000 14,777,000
Legal-Tender Koles.—
Deposited in Treasury under act
of June 20, 1874
1,049,380
798,000
1,375,190
Total now on driwsit, including
liquldatiug liiiuks
19,126,740 19,521,723 19,782,387
Total entei'ed imder act of Jan. 14,
1875
35,318,984 35,318,984 35,318,984
Total amount of greenbacks outstanding
346,681,0) 6 346,681,016 346.681,016
National Bank Circulation—
Mew circulal ion issued
1,316,880
626,100
463,610
Oiroulation retired
696,537
369,157
1,141,916
Total notes outstandingCurrency. 343,579,300 343,836,243 343,157,937
.—.--" "
Gold
1,351,350
1,347,490
1,347,490
Notes rec'vd for redem'n fromNew York
1,761,000
4,675,000
4,461,000
gMton...
246,000
553,000
735,000
Philadelphia
326,000
378,000
439,000
Miscellaneous
1,673,000
1,948,000
2,174,000
Total
$4,006,000
$7,554,000
Texas
Arkansas
Kentucky
Tennessee
278,100
144,000
3,760,130
647,170
767,260
Ohio
Indiana
Illinois
Micliigan
Wisconsiu ....
Iowa
Mimiesota
Kansas
Nebraska
increase or decrease:
ffalional Bank Notes—
Amountontstanding June 20, 1874
Amount outstanding January 14, 1875
Amount outstanding May 31, 1878
Amount outstanding at date*
$349,894,182
351,861,430
322,555,905
343 157 937
Decrease during the last month
678306
Increase mucc July 1, 1879
14,933,740
J.egal Tender Notes—
Amount outstanding June 20, 1874
$382,000 000
Amount outstanding January 14, 1875
Amount retiriiil under ait of Jan. 14, 1875, to May 31, '78 382,000,(100
35,318 984
Amount outstanding on and since May 31, 1878
Amount on deposit with the U. 8. Treasurer to redeem 346,681,016
notes of lusulvout and liquidating banks, and banlcs
retiring circulivtion under Act of June 20, 1874
19,782 387
Increase in depo.^it during the last month
2606(>4
Inorease In deposit siJico July 1, 1879
7,646,089
°' national itold banks, not included in the above,
,..* i5£"'.'i^*''*°
,
#1,34<,490.
1,140,785
953,380
437,675
Utah
Montana
Wyoming
New
.
Dakota
California
l,8l[2,»86
3i',685
953,380
725,400
58,73$
273,446
143.820
156,819
20,485
81,810
"90,606
"229,566
"i66',7M
650,750
29,300
2,099,250 2,750,000
229,340
259,140
144,000
144.000
1,504,933 2.134.800
533,859
904,260
3,742,390 4,740,900
3,077,887 4,661,641
6,343,483 7,575,580
6,447,946 8,202,880
2,375,995 2,740.495
1,013,439 1.067,299
1,554,955 2,366,024
1,076,445 2,096,540
972.271
190,550
233,080
278,080
162,413
19,765
1,400
392,272
179,136
783,494
987,727
2,161,819
945,803
599,797
437,150
409,423
603,280
239,551
47,015
2,008
24,432
18,272
43,338
2,818,180
3,238,880
2,543,215
2.039,410
735,530
1,474,900
1,017,800
147,600
67,500
629,807
370,401
998,510
1,583,754
1,232,097
1,754,934
364,500
653,860
811,669
420,095
781,721
45,000
507,300
134,900
129,600
138,083
161,191
85,300
149,400
196,800
45,000
Legal tenders
...
287,483
357,991
130,300
3,813,675
89,889,395 18.036,708 82,775,604
Deposited prior to Juno 20, 1874,
(Total deposits, $104,025,987.
St.
362,364
1,512,944
3,600
133,000
90,000
175,500
657,000
....
Mexico.
Totals
.575,776
6,186,706
458,060
880,724
907,510 1 ,822,879
319,185 1,050,245
Nevada
Joseph
& Western.— A
119.782,387
and remaining at that date.
cash dividend of 12^ per cent
was recently declared by the land department payable to the
holders of land scrip.
—
& BoK
In the notice, last week, in which Messrs. Levy
called attentidn to Memphis & Little Rojk Railroad Cfompany^
first mortgage bonds, due in 1907, it should have been said that
interest was 4 per cent for two years and 8 per cent for twentyfive years.
—
Messrs. Hatch & Foote inform us that investors are buying
quite rapidly the first mortgage bonds of the Nevada Central
Railway, and they consider these bonds cheap at the present
figure.'viz. 97/6 and acrued interest.
:
—Dividend No. 57 has been declared for the month of June (59
cents per share) by the Ontario Silver Mining Company,
ble at Wells, Fargo & Co.'s, 65 Broadway, on the 15th.
MMm AND
paya-
FINiNCIAL.
FISK & HATCH,
BANKERS AND DEALERS IN GOVERNMENT BONDS,
And other desirable Investment Soourities,
$7,809,000
Statement of the Comptroller of the Currency on July 1,
1880, showing the amounts of National Bank notes and of Legal
Tender notes outstanding at the dates of the paasage of the
Aots of June 20, 1874, January 14, 1875, and May 31, 1878,
together with the amounts outstanding at date, and the
1,012,585
287,725
1,646,386
11.5,778
599,021
248,032
1,.
366
1,285,110
Washington
$
85,423,000 53
166,600
422.664
915,369
731,060
128,200
206,136
34,607
.
Colorado
Balances.
$
317,000
600,000
917,000
72,997
55,800
126,797
,009,340
174,097 1
1 ,243,437
234,800 7,912,300 8,147,1(K)
32,3.50
954,985
987,335
65,350 1,956,330 2,021.080
2,163,878 24,447,221 26,611,099
241,660 1,562,280 1,803,940
1,281,426 6,784,321 8,065,747
Louisiana ....
Missotu'i
Tot. since Jan. 1, '80 ($2,916,502 silv.
9
1,461,180
631.865
1,798,310
20,567.200
1,740.820
2,495,360
20,768,105
1,712.665
10,870,040
232,275
1,274,810
456.500
800.500
177.310
1,235,600
90,700
520,350
45,000
207,000
N. Hampsliire
.
Gold dust
3—Brig Emma Dean
3—Str. Donau
Status and
tskbitobiks.
1,9()0
.
Gold
Additional
1,095
Am. gold com..
Am. sllv.ooin..
Am. gold coin
For. silT. coin
For. gold coin..
U. 8. of Colombia... Am. silv. coin..
2-Str. Andes
Legal-Tendei: Notes Deposited to
Retire National Bank CirculaLegal Tention since Jime 20, 1874.
ders
on
Ciroulat'n
deposit
issued s'cc
To retire
with U. 8.
Juno 20, Rodempt'n
Ciroulat'n
ofNotosof under
Total
Treasurer
1874.
Act
Liquidat
at date.
of J'ne20, DeiKMits.
ing Banks
1874.
,338
No. 5 Nassau Stbkkt.
New
York.
Buy and sell all issues of Government Bonds, in lai'ge or small amounts,
at onrront market prices, and will be pleased to furnish information la
reference to all matters oonneoted with investments in Oovemmeat
Bonds.
We are prepared to give information in regard to flrst-olass Railway
Securities and to execute orders for the same.
Buy and sell all marketable Stocks and Bonds on commission, at tlie
Stock Exchange or in the open market.
Receive accotmts of Banks, Blinkers, Merchants and others, and aUfw
interest on daily balances and for those keeping accounts with us ws
collect U. 8. coupons and registered interest, and other (wupons, diTtdends, Sio., and credit without charge.
El*" We give special attention to orders from Banks, Bankers, Institotions and investors out of the city, by mall or Teleeiraph, to buy or
;
sell
OoTernment BoBds,
State
and BaUroad Bonda, Baak
Stocks, Railroad Stocks, and other seoiu'ities.
We
have issued the Seventli Edition of "Memoranda Conoerainff
of whioh can be bad on application.
Government Bonds," copies
FISK & HATCO.
. :
.
:
,
.
»
;
,
THE CH'RONKJLE.
38
XXXI.
[Vol.
—
United States Bonds. The only feature of special interest
Government bond market this week was tlie discontinuance of purchases by the Treasury, on account of the lack of
in the
NAT^IONAlTISiANKii
ORQANIZBD.
2.480—1116 Mlliiio National Bank of Ijiredo. Texas. Authorized capital.
*100.000 iiald-iii capital. <ilOO.(HM). EiiKeue Kelly. President
Daniel Miliuo, CaslUcr. Authorized to comiuence busUiiss
July 1, 1880.
:
_^_
DIVIDENDS.
Thi» following dividends bave recently been aunounce<l
snrplus revenues applicable to such purchases. It is believed,
hfowever, that the policy of Secretary Sherman will be to
resume the purcha.se of bonds again in the Fall, when the money
market will be more active and then, too, there is the first
Tuesday in November, which should not be forgotten this year.
The four per cents of 1907 close at im% bid.
The closing prices at the New York Board have been as fol-
—
lows
Name of
Coiniuuiy.
Railroad)).
Atrh. ToiM'ka
.Siintu Fe (qnar.
fanidon A Biinlugtoa County..).
iV-
Per
When
Cent.
Payable.
Auk. 16 July 25 to Aug.
$2
3
.
On
3
Aug. 15
•2
On dem.
Little .iclniylklll Nav
J»uit4villo Jc NtishvlUe
Mine Hill Sehuylkill
Puniima UK. «iimr.)
3>«
A
3>2
...
4
4
TeriT Haute
A' Indianapolis
WiBchejtter & Pntnniac
'-'.
3
On dem.
&
10
On dem.
On dem.
5
Oh dem.
Ou dem.
Ou dem-.
n«ur«nce.
American Kxehuugi' Fire
ritlzens-....
Clinton Fire
Coutiuental
3>s
5
Gernuin-Amerioan
Great Wcwtem
4
Pitenie:\"«
3ifl
Globe Flrp
Importer*'
& Traders'
July lU July » to July
dem.
dem.
dem.
dem.
dem.
July 12
Oh dem.
On dem.
On dem.
5
Irvini?
4
4
5
10
.i.
lorillard
New York Equitable
Paeitlc Fire
,
TimleHnum'g Fire
United States Fire
5
5
FRIDAY, JCI^Y
VHe Money market and Financial
88,1880
68, 1880
68, 1881
68, 1881
38,1881
58, 1881
4»a8, 1S91
4>s8. 1891
48, 1907
is, 1907
68,
6s,
6s,
6s,
6b,
18.
Ou
On
on
On
Ou
6
.»....l
"ii.
Aug. 15
July 12
Aug. 2 .July 21 to Aug. 5.
July 16 July 7 to July l(i.
Aug. 2 July 21 to Aug.
4
S
Haven
July
Jul'y'i" to
July
July
July
July
July
3.
5.
6.
7.
8.
9.
*
cur'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
This
is
•101%
•101%
reg.
coup.
101 :5t
lOl'Si
•104
•104
reg.
coup.
reg.
•10214
coup.
no3>3
reg.
coup.
nook's
•lOO's
reg.
108%
coup.
1895.. reg.
1896.. reg.
1897.. reg.
1898.. reg.
1899. .reg.
•10814
•1'24^
'•I25I4
1041?
10418
10238
103=8
i
110
:
no
aale
»
was made
*104i8
•10418
•10238
10358
•10978
109^8 109''8
10838 •10814
108 14 10814
*125i2 •124
126 •125
•1251^
•126
127 •127
-d
i*125ia
!'I28
1*126
the price bid
•101% •101% •10158
•101% •101% •lOlSg
•104
•104
•>103''8
103^8
•10214 -10218
*103ie •10338
•look's -lOO's
•lOO's •look's
108% IO8I4
IO8I4 108%
•123 124
123 *124ia
-123 •125
•123 'I25I2
•123 •126
at the Board.
in prices since January 1, 1880, and the amonnt
of each class of bonds outstanding July 1, 1880, were as fol-
The raQge
lows
:
Range
Situation.
Amount July
since Jan. 1, 1880.
Highest.
Lowest.
1880-5 P. OT.
—The mar-
9,
July
2.
dein.
CVntiul PaclHc
D»yti>u & Mich., >ruar. (qtinr.)....
Denver South I'nrk A: Pacific
:
Books Closed.
(Days Inclusive.)
10478 May 20
10718 May 2fi
10418 Apr. 28
110% May 29
lOfl'^s June
7
Apr. 31 I26I3 Feb. 1
cp. 10251 Jan.
6a, 1880
68, 1881... .cp. 103^3 July
5e, 1881. ...cp. 102 3i
4128, 1891.. cp. 106% Jan.
Jan.
4s, 1907.... cp. 103
May
$12,609,000
165,023,050
294,5'-(i,500
1.
1880.
Coupon
Registered.
$2,909,000
54,436,900
190,278,400
78,892,650
210,272,850
171,107,3.50
have been rather quiet, as usual in Fourth of July week.
527,707,950
There have been some reports of damage to the wheat crop in es.cur'ncy.reg. 125
64,623.512
the Northwest, which have been made tne grounds of an attack
with
securities
in
London
for
three weeks past and
directly
afifeeted,
prices
of
Closing
on the stocks Of the two railroads most
the result of forcing a decline of two or three per cent. There the range since January 1, 1880, were as follows:
k»-ts
is not much confidence, however, in the reports of damage to
the grain crops about this time of year. The great pressure of
grain coming forward from the West, even at the much lower
range of prices lately ruling, has been accepted as good evidence that holders there thought it best to sell; and their judgment as to what tjie present crop is likely to turn out is supposed to be better than that of parties in New York or London.
The business on the Erie Canal this year and last, and the Lake
and Canal rates in June for a series of years (the railroad rates
being proportionately higher in 1880), are given as follows.
The busine.ss of the canal at Buffalo from the opening to June
30 was as follows
:
1880.
1879.
Number of boats cleared
'.
—
Luke.
Wheat. Corn.
.
1871
1872
1873
'
Vi
Cts.
5-7
.. 8-3
.
lH!-i
.
1875
..
.
Cts.
Cts.
5-3
7-3
5-8
3-9
2(!
101
.
65
4-2
3-0
—
Lake.
Wheat. Corn.
Caual.
Wheat. Corn.
.
Cts.
91 1876
12-1
11-1
loe
95
11-3
6-9
10-3
6-3
1877
1878
1879
1880
.
.
.
Cts.
2-5
2-4
2-1
.
21
.
7-1
25.
U.S. 58 of 1881...
U. 8. 4issof 1891.
U.S. 48 of 1907...
State
2.
105 12 10618
since Jan. 1, 1880.
105''8 IO412 Apr.
112''8 lOO's Jan.
ll'-'-'e
110%
110^8 11078ll06i4 Jan.
The meetings
—
of
Highest.
Lowest.
II214
and RaUroad Bonds
at all active.
Range
9.
15
12
July 1
106''8 Jan.
2 113
2llll%M^y31
State bonds have not been
the readjustets in Virginia,
under the leadership of General Mahone, is an unfavorable
point in that direction. The North Carolina new 4 per cents,
lately admitted to the New York Stock Exchange list, are
Inc.
quoted to-day at 1S% bid.
1,723
Railroad bonds are moderately active on investment ptir$137,916
chases, but the speculative bonds have been lower, in sympathy
3,418
1,695
$242,523
$104,607
The Buffalo Commereial Advertiser gives the average freightrates per bushel from Chicago to New York, by lake and canal,
on wheat and corn for the mouth of June, in the years named,
as follows
Tolls received
June July July
20 Hamilton Fire Ins
100 Second Av. RR
$16,000 Union Coal Co.
Cts.
CtK.
cts.
2-3
1-9
1-8
1-8
0-6
6-2
5-0
4-7
5-4
4-3
4-1
3-6
6-4
41
6-9
Sorifls.
Sliares.
—
Canal.
Wlteat. Corn.
.
with the stock market.
Messrs. A. H. Muller& Son sold the following at auction:
13512
65
J?o«rf«.
7s. ..107
1,000 Mt. Carbon Coal RR.
Ist mort.boud. (•oupons attached from May 1, 1873,
for
$
—
Railroad and Miscellaneous Stocks. The week has been
broken up to some extent by the national holiday, and business
has been reduced in consequence. The stock market has shown
rather a weak tone the past few days, which may be attributed
It is
in part to the absence of many operators from the city.
probable, too, that this half -holiday week has been taken as a
good time to attack the granger stocks on the strength of bad
crop reports telegraphed from the West. Certainly, the general
situation appears rather strong, and the reports of railroad
earnings for June, and for the first half of this year, reported
at length on another page, make an exhibit of increase
over tie preceding year which has not heretofore been
matched. The report "of Reading affairs received from London
These figures have an indirect, but a decidedly important,
bearing on the meeting of the Eastern trunk line managers,
which is to be held at Saratoga July 20. It is reported that
the trunk line arbitiators will offer to allow the following
apportionment of East-bound busine.ss: Mienigan Central, 26
per cent; Lake Shore, 25; Fort Wayne, 24; Pittsburg Cincinnati & St. Louis, 10; Baltimore & Ohio, 8; and Chicago &
Graiid Trunk, 7. The Grand TVunk refused 7 per cent before,
and it is more than likely that a compromise may be made by
allowing that road 10 to 15 per cent.
The money market has been extremely easy, and the current (and it seems absurd that Philadelphia should wait to getquotations for call loans is 2@3 per cent, according to the Reading report from London) is quite unsatisfactory in otte
collaterals. Prime commercial paper is quoted at 4@5 per cent. particular, n9.mely, that the floating debt should have increased
The Bank of England weekly statement on Thursday showed $3,604,000 between Bee. 1 and April 1. Tiis can but make the
a decrease of £207,000 in specie, but the percentage of reserve holders of stock and bonds more anxious to have a full stateto liabilities was up to 50 3-16 per cent, against 44% per cent ment from the receivers. In matters bearing upon the pri<;e3
last week.
The discount rate remains at 2^ per cent.
of particular stocks the week has been rather bare of developThe last statement of the New York City Clearing House ments^ and the record of daily prices below furnishes nearfy
banks, issued July 3, showed a decrease of $1,399,575 in the everything of interest. The directors of the Cleveland Columlegal reserve, the total surplus being $1G,083,625, against bus "Cincinnati & Indianapolis railroad have voted to pay na
$17,483,200 the previous week.
dividend in August. The followipg is the comparative stateThe following table shows the changes from the previous week ment of the earnings, including th6 leased' line— the Cincinnati
and a comparison with the two preceding years.
& Springfield Road:
m til
1.
I
ll
.
,
1880.
July 3.
•i,_._
Dlffer'nces frln
previous week.
1879.
July
5.
1878.
July
Loans and dig. $291,784,300 Inc .$5,879,200 $257.082,.500 $236,516,000
toeole
Circulation ..
Net deposits
I«gal tenders.
28:i.07M,300 Inc. 5.307,.'">00
20,«g4,(KK) Dec. 1,031,200
Legal reserve.
$70,769..'j75 Inc .$1,320,875
Bmerve
Sjirplus..
held.
66.168,600 Inc.
19.37-.;.000 Ceo.
86,853,200 Dee.
958,500
48.000
72,700
$16,083.62f !Dec.$l. 399.573
19,889.600
20,542,900
230.007,300
49,544,600
20.420,000
19.823,900
213,816,700
53,606,300
$39,001,825
69,434,200
$53,454,175
74,026,300
$10,432.37.1
$2,315,600
Gross earnings for the first six montlis of IgSO
Expenses, tojces and interest
2,226,271
6.
$20..572.125
$88,729
Notsurplus Juno 30, 1880
Gross earnings for thcfirst six mouths of 1879
Expenses, ta^cs and interest
DeflcltJuneSO, 1879
Showing net gaiu in operating
1880 over 1879 of
$1,809,919
1,909,440
$159,521
for the first six
months of
$246,250
The New York Central & Hudson detailed statement of
earnings during the month of June is as follows
:
.
.
I
July
1
.. .
.
THE
10, 1880.J
The columnu under the heading " Jan. 1 to latest date" furnish
the gross earnings from Jan. 1 to, and ineladiog, the period
l,l>*T.ool
i-
)
mentioned
ToW
in the ttecond
column.
—Lateat earnings reported1879. ^-Jan.
Week or Mo. 1880."
,
$2,022,S23
20,733,735
Totnlfrom October 1
Oain for June
Oaiii for Dine months
m
(JHIIONICLE.
1870.
$4(il.407
Passengers
Freight
>
Ala.Gt. HoHthcm..May
Albany A Susq ..May
Atch.Top.A;S.Fe.June
ji.
$44,145
$.30,438
109,40.5
84,473
410,000
720,000
Atl.if:iiar.Alr-L.April
62,916
Atl.&fit. West. ...May
349,010
Atl. Mis.t. & Olilo.May
181,407
Bur.C.l{ap.&No..4thwkJ'ne
48,427
Cairo A: St, Ix)ui8.2dwkJune
7,121
Carolina Central..May
Central raoiflc...jMnc
23,511
1,752,000
June
Che«.&Ohlo
211.645
Chicago* Alton .4th wkj'nc 157,3.59
Chic, liuil.&Q... May
1,619,227
Chle,Cl.I)ub.&M.4thwkApr
16,883
21,h77
East. ril.. 4th wkJ'no
Cblo. Mll.&St. P.4thwkJ'uc 290,000
Chic. A Northw. June
1,653,000
Chlo.St.P.&Mln. 4thwkJ'ne
36,244
13,056
Chic. AW. Mich.. 2d wk June
Cln.Ham. A D...Ai)ril
197,048
Cln. * Bpringf. ..4thwkJ'ne
21,219
ChlcA
.
Chlc.M.iSt
Do
pref.
Chlc.&N. \V..
Do
prof.
C.R.I. *P. new
Clev.Col.Cln,<feI.4thwkJ'nc
CleT,Mt,V,<feDel.3dwkJiine
Del.&U.Can., Pa.Dlv..May,
Denver A Rio Gr Istwkjuly
Oeuv.S.P'kA Pac. May
Dct. Lans. A No 2d wk June
Dubuq ueA S.Clty 4th wk J 'lie
Eastern
May
Flint A Perc Mar. 4th wk J'ne
Gal. Har.A San A.April
Ch.St.l,.AN.O.
Chlc.St.P.*M.
CleT.C. C.Al.
Col.Chi<-.*.l.C.
Del. 4 H. Canal
Del.Luck.AVV.
. .
Han.4St.Jo..
Do
Illinois Cent..
Lake KrloJtW
Lake Shore....
OrandTiimk.Wk.eud.J'ne26
Louisv.ANast)
Or't Western. Wk.eud.J'iie25
Hannibal A.St. Jo. 4th wk J'ne
Houst. A Texas C.May
Mantiattun...
Mlu-.&C.lst pf.
Do ad prf
Mlch.Central..
Mobile* Ohio.
NewCent.Coal
Northern Pac.
pref.
OMo Central..
Ohlo&Mlas...
Panama
pref.
etX.I.M.is.j.
8t.I..* S.Fran
Do
pref.
250'.3l6
1.50,822
4,'76i',304
76,404
29,026
165,531
460.171
120.407
18,444
2,287,606
1.132,826
88,1 '.iO
1,967,5M
1,265, ,50-1
1,038.876
2,800,194
2,,528,4<IO
754,100
509.704
690.442
523,150
4,di5,!2'2£
898.059
.
.
St prf.
8t.P.481ouxC.
pref.
Butro Tunnel.
Union PhoIBc.
Wab.St.L.i P. ami
pref.
:i<><\VvJ
. .
"(I
Do
6'2,810
817,1-43
.
.
Phil. 4 Read
BtX.A.&T.H.
Do
$164,089
418,110
26;827
709,936
684.2»3
15,717
506,869
356.47«
7,737
317,090
193,141
48,278
106', 141
14,090
176; 248
73,604 3,895,795 2,628.7,55
7,958
284,334
184.723
67,162 1.980,761 1,'242,807
25.541 1,003,158
856,579
139,524
880,5.50
732,840
N. Y. A Canada May
53,4>'3
273,746
37,238
155,831
N.Y. Cent. A Hud. June
2,653,47V 2,022,823 15,742,478 13,157,9tt8
N.Y. L.Erie A W.April
1,643,151 1,372,7.55 5,836,708 5,0S4.i>99
N.Y.AN. Engl'd.J'uclto23 137,874 128,089
Northern Cent ral May
329,788 317.,5«8 1,796,597 1,5I9.2;3
709,'242
Northern Paeitlc .June
201,269 198,744
910;031
Ogd. A L. Champ. June
35,870
214.917
148.975
48,784
Pad.AElizabctht.2dwk June
0,882
5,113
101,882
118,623
3,146
Pad.AMeniphis..2dwk Juno
3,594
88,015
07,893
Pennsylvania
.May
3,417,91 6 2,708,695 16.212,595 13,023,248
PeoriaUec. A Ev.May
167,412
40,800
Phlladcl. AErle..May,
311,470 264,409 1,443,774 1.142,539
Phlla, A Reading. March
1,457,322 1,041.142 3,836,7'20 2,876,223
Pitts. Titusv. A B.April
41,704
55,700
167,593
10.416
Ports.Gt F.ACon.Mnv
14,476
Rensselaer A.9ar. May
141,392 130,308
688,913
503,591
400,247
St.LAlt.AT.H. ..4tliwkJ'ne
24,832
620,083
36,592
Do
(brchs). 4th wk J'ne
9,,540
7,390
297,860
247,766
St.L. Iron.Mt.AS. June
365„300 281,921 2,620,332 1,929,094
519,854
48,432
25,413 1,116,963
8t,L.&StuFran.4thwkJ'ne
8t,Paul A DulMth.M.av
206,147
151,529
57,715
50,002
1,316,859
St.P.Minn.AMan.2dwkJune
60,015
22.204
603,709
460.013
St.PaHl&S.aity..2dwkJune
22,656
124.079
SelotoVallev ....4th wk J'ne
6,736
5,045
134,744
Tex.as A Paeiflo ..June
153,065 120,815
17,016
600,636
574,266
rol.PeorlaAWar.4thwkJ'ne
26,.548
tTnioi. Pa<itlc....June
1,930,000 1,283,000
Wab. St. L. A Pac. 4th wk J'ne 216,412 125,046 5,313.858 3,639,78B
.
Do
pref.
Pacific Mall...
1
1
$243,946
551,380
.
K.
N.Y.L.E.4W
Do
pref.
N.T.Ont.Sw.
Do
6,555
521,277
(Iowa). June
Do
122,230
Indiana Bl, AW.. 4th wk J'ne
25.694
Ind. Dec, A Spr. .June
36,720
33.662
Int. & Gt, North .4th wk J'ne
K.C.Ft. S.A Gulf. 3d wk June
17,403
Kan8.C.Liiw.ASo.3dwkJune
16,810
LakeEiicA West.Junc
112.565
Little Rk. A Ft. S. May
21.471
Louisv. A Nashv.4tliwkJ"ne 196.400
Minn. A St. Louis. 3d wk June
19,708
Mo. Kan A Texas 4th wk J ne
99,670
Mobile A Ohio. .4th wk J'ne
35,330
Nashv. Ch. A St.L.May
158,839
Nnsh.Ch.&Stl.
Do
1
227,415
35,933
95,264
204,481
96,942
54,163
1 to latent date.-.
1879.
1880.
2,036,809 1,5 b3, 137
130,979
76m, 750
613,280
30.x74
982,346
G53,8M
4,179
101,340
100.793
23,587
191,731
170.645
1,443.088 8,184,255 7,855,406
148.457 1.256,425
812.808
97,206 3,401, K.'<9 2,183,013
1.171,303 0,714,248 5,349.-m
8,175
201,225
151.345
16,219
532,732
388.193
234,918 5,4l7,0t)O 4.035.1S9
1,393,087 8,390,313 0,960,332
28,208
693,547
550,743
10,582
351,488
270,030
170,140
'
"
16,681
4i6,V,000
366..53i
77,091 1,847,736 1,469,25'?
7,975
198,123
170.774
92,274
482,947
408,223
23,137 1,124,148
44,354
940,789
186,309
20,738
505,518
428,091
15,847
442,083
418,863
203,840 1,091^321
901,391
18,819
74;), 114
518,209
85,412
Illinois Con. (111.). June
Mo.Kans. 4T.
Mor.4Kssez..
Do
106,350
8,406
91,373
71.543
223,903
20,536
.
pref.
Houi.&Tex.C.
N.Y.C.&H.
:
-
.
8>1«
faii
ma
West. On. Tel. lOSW
I04»(i
These are the prices bid and asked; no tale iraa made at the Board.
+ A ^ale was made ei-dlv. at 105i^.
t Sftles were also inudo oi-div. at 103^^XOl^.
T A sale was also made ex-dlv. at 88^.
*
Total sales of leading stocks for the week ending Thursday,
in prices for the year 1879 and from Jan. 1, 1880,
to date, were as follows:
*nd the range
Sales of
Range
Week,
Shares.
Canada Soutliem
since Jan. 1, 1880.
Lowest.
May
May
Highest.
I
I
Kan^e lor
Year 1879.
Low. High
. .
74 la Jan. 14 45I4 78 1^
Central of N. J
2.".
54,83.5
90 14 Mar. 8 331a 89 '8
Exchange.—The trade movement has so changed in the past
Chicago & Alton
473 9913 Jan. 2 116 Mar. 29 75 IOOJ4
Chic. Burl. & Quiucy
1.939 113 June 2 1,52 Jan. 26 lHi«134ia month that if exports are kept up an importation of gold may
Chic. Mil. & Pt. P.
141,.TlO
66%! May 25 8538 Mar. 27 343« 8218 rather be expected in the autumn than any considerable shipDo
do pref.
1.200 99 May 10 IO713 Mar. 29 7434 102% ments.
Our market for foreign exchange is dull and weak.
Chio.&Northw
28,036 8718 July 9 97 Mar. 31 49=8 941a
The actual rates for prime bankers' sterling are about 4 84 for
Do
do pref.
8.59 104
Feb. 10 llOiaMar. 23 76''8|108
*Chic. RockT.&Pao.
3,175 lOOHs June 1 204 Juno 8 119
Cable transfers are done
1501a 60 days bills and 4 86% for demand.
Col. Chic.&Iiul.Cent
3, '^00
9>aMay 11 25i8Jau. 26
5
28
at 4 86^.
Del. & Hudson Cana'
3.000 60 May 25 8638 Mar. 30 38
89 le
In domestic exchange the following were rates on New York
Del. L.Tck.& Western
58,470 6813 May 25 9478 Mar. 22 43
94
Hannibal & St. Jo...
Savannah, buying J^,
2,475 22-'s May 25 421a Feb. 24 I314 411a at the undermentioned cities to-day
Do
do pref
1,800 63 la Ma V 25 76 Feb. 24 34
7018 selling "% premium; Charleston, buying
premium, selling
Illinois Central
513 99I2 Jan. 2 110 Mar. 31 79 14 100%
premium
New Orleans commercial, 100 premium, bamk
Lake Erie & Western
1,800
2014 May 11 38% Mar. 4 tl6
28ifl
250 premium ; St. Louis, par ; Chicago, 25 discount, an4
Lake Shore
55,720 95 June 2 imeMar. 4, 67
108
louisvlllo & Nushy..
(iOO
8618 J.m. 8 164 1« Apr. 2 35
891a Boston par.
Manhattan
18,800 24 May 18 57i« Mar. 16 35
72 14
Quotations for foreign exchange are as follows
Michisiiti Central
4,422
76 May 17 9618 June 28 73% 98
28i8 Mav 25 49i4Jan. 27
MlssimrlKan. &Tex.
1 9,!)50
538 35%
Morris & Essex
575 100 M.a'y 24 llOifi Feb. 28 75ifl IO4I3
Demand.
Sixty Days.
Jl-lv 9.
KasUv.Chatt. (feSt.L.
900 47i2.luue 1 128 Mar. 5 351a 83
N.Y. Cent.& Hud.Rlv
9,140 122 May 11 137 Mar. 31 112
139
4
86
®4 871a
on
London.
4
84
®4
85
Prime bankers' sterling bills
N.Y. Lake E.& West. 203,918 30 June 1 4^78 Feb. 2 2118 49
4 85ia94 86
Good bankers' and prime commercial.. 4 83iaa4 84
Do
do pref.
8,450 47 May 25 737e Feb. 2 37% 78i« Good coinuiercial
82ia®4
83
4
Xortliem Paeitlc
2,6tt3
20 May 11 36 Jan. 14 t 16
401s Documentary commercial
4 82 ®4 821a 4 84 ®4 85
Do
pref.
1,950 39% May 24 60 Jan. 13 ;44i4 65
5 25 ®5 221a 5 21i4S5 20l^
Paris (francs)
Ohio & Mississippi
44I3
12,t;35
23 May 25
3338 Antwerp (francs)
Mar. 6
7%
5 25 ®5 2213 5 211405 20»8
PftciUc Mail
lO.GoO 271a May 17 62 Mar. 8 1038 391a Swiss (fr.ancs)
5 25 ®5 221* 5 21i4a5 20'8
Panama
168 Jan. 2 190 Apr. 13 123
182
39iaa 39T8
40 -m 40%
AmsU'itlani (guilders)
PUIIa. <fe Reading
14,<>o6
1319 July 2 7238 Jan.
3
94'8a 95
9308® 94I2
l...
"56" Hanilnirg (rch-hmarks)
St.UIronMt.&.South.
9,125 3413 -May 25 66 Feb. 17 13
94'8a 95
9338®
(rciclunarks)
Frankfort
941a
St. L.ife San Francisco
100 2514 Mivy 11 48 Feb. 2
94I3
81« 53
94 's® 95
Bremen (reichmarks)
93^9
Do
pref.
4i« 601a Berlin (reichmarks)
500 33 May 11 6OI4 Mar. 8
94''8S 95
'^...
9358®
9419
Do 1st pref.
1:5 60 May 11 8312 Mar. 9
9%
781a
Dnlon Pacific
7,586 50 May 11 9738 Jan. 19 57I3 95
Wab. St. L. <fe Pocthc
ti.030
2fliaMay 23 48 Jan. 27
The following are quotations in gold for various coins
Do
do pref. IC.JIO 51 "4 May 25 7258 Jan. 27
Western Union Tel.
99%® piy.
Silver 14s and las.
37,750 86^ June 2 1161a Feb. 24 8808 116
SovOTeign.^
$4 S3 a>$4 88
95
92 a
Five francs
Napoleons
3 83 ® 3 87
'Lowest price here is for new stock, sold for first time June 11.
X X lU'iclimarks. 4 74 ® 4 7S Mexican dollars.. — 89%S 90»a
88
Range from Sept. 25. ; Range from July 30.
87
3
nneommerc'l.
Do
3 90 ® 4 00
X Guilders
Eugli.ih silver .... 4 75 « 4 82
Span"hDoubloon8.15 60 a. 15 80
60
68 «
Pnis. eilv. thalerg.
The latest railroad earnings and the totals from Jan. 1 to Alex. Dounloous..l5 55 ®15 65
99>«
99 ®
latest date.s are given below. The statement includes the gross Fine silver bars .. 1 I4I4® 1 14% Trade dollars
a
par.
99%
dollars
par 3 14 prem. New silver
Fine gold bai-s
earnixigs of all railroads from .which returns can be obtained
99%Si par.
I>iiue« <b la diiuos.
2,130
40
45
17
. .
:
%
%
;
:
.
1
.
—
—
—
—
—
—
—
—
—
—
—
—
.
..
.
THE CHROMKJLE.
40
New Vortt Citj B«nit«._The following statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on July 3, 1S80.
Banks.
Capital.
Loans and
(
NewTork
lUahUUn
Co..
Merch&ntfl
M«chanlcs'
Colon
America.
PhonLz
GItj
Tradesmen'*
l^lton
Chemical
Meroh'nts' Ezcb
Qallatin Nation'!
Bntcbers'ADroT.
& Tr
Oreenwlch
Leather Man'f'rs
Serenth Ward..
Btateof N. York.
American Ezcb..
Meelianlos'
Oommeroe
Broadway
Meraantile
Paeitto
Bapnbllo
Chatham
Paople's
North America.
Hanover
firlna.
Metropolitan
....
ausens*
Massaa
Market
St. Nicholas
Shoe A. l.€ather..
Corn GxchanKO.
Continental
Oriental
Marine
Importers'
&
Tr..
Park
Mecb. BkK. Abs'q
North Rlrer. ....
Jtast River
Fourth National.
Central Nat.... „.
Second .Natto^.
Ninth National..
Firtt National..
Third National..
N. Y. Nat. Exoh..
Bowery National
N.York County..
Germ'nAmeric'n
Chase National..
Fifth Avenue....
2,000,000 10.188.000
IS.IM2.V06
2.060,000
S.O'.O.OUO
2,000,000
a.eM.ooti
8.000,000
4,499.600
1,200,000
8.1MI.300
8,000,000
3,096,000
1,000,000
b.4It,800
1,000,000
3.167.600
1,000,000
1,717,000
000,000
aoo.ooo 11.015,700
4,841.000
1,000.000
4,218.600
1,000,000
1,419.300
300,000
876.000
800,000
928.100
800,000
2.839.900
000,000
900.900
800.000
3.388.600
800,000
6,000,000 U.tKW.uOO
6,000,000 10,702.300
5.448.800
1,000,000
3,623.700
1,000,000
2.116,900
482,700
5.894.000
1,600,000
3,280,100
«60,000
1.341.100
412,600
2,420.46c
700,000
7,.'188.30«
1,000,000
2.7»7,70li
600.000
3,000.000 U,7S3,000
l.bl'fl.TOO
000,000
2.836,100
1,000,000
2.454.6O0
600,000
2.ii91,100
600,000
a.254,000
500,000
4.452.200
1,000,000
5,404.000
1,000,000
1.508.000
800.000
3.123.000
400,000
1,500.000 18,638.000
IS.'IOl.lQO
2,000,000
863.000
500,000
866.800
240,000
850,000
948.400
3,800,000 1 6.453.900
7.044,000
2,000.000
2,579.000
300,000
4.eoaioo
760,000
600,000 l2.9tl8.00U
1,000,000
9,410,700
300,000
1.370 .600
260,000
1.393,100
800,000
1.243.800
760.000
2.213.200
300,000
3.388,160
100,000
1.619,000
MOC
638,000
8,063.100
430.000
3,365,400
481,600
91.800
3.810,300
697,800
887.600
308,600
101,000
18.400
iiSfiOO
187,400
489,700
4,128.000
7.880.700
eau.ioo
462,000
377.400
666.000
767,100
118.100
406.000
8<5,900
416.500
3.886.000
260,800
1 TO. 100
696.700
625,700
.
Total
i
<
383.000
467.900
878.70C
273,000
588,400
531,800
117,000
143,000
121,000
182,100
500,400
27H.70O
8,242.000
lui87.700
2,09
1,391.000
&,7gtl.400
400
7,817,300
5,696,000
3,868,000
6.423,700
2,706,000
9,960,600
2.140,900
1,151,100
12,149.300
8.593 800
2,452.900
657,300
44,500
41,300
1JU5.700
151,000
866,000
199,400
992,000
280,900
2.067.400
92.200
825.400
186,000
2.603.700
T20.000 13,071,000
1,481.500 11,258,600
497.900
4.261.400
339,900
3.325.700
188.800
2.034.300
231.000
3.239,600
189.900
3.564.800
147.100
1.358,700
124,000
2,468.600
735,700
e,939,50<>
357,700
2,683,200
l,3i2.000 13,741,000
217,900
1,873,400
130.200
2,135,700
78,900
2 002.400
78,200
2,177,500
200.000
3,0.8,000
76.000
3.111.400
296,600
5,926,400
1M0,200
1,385.000
146,000
3.761,000
751.800 20,33«,9GO
2,064,800 18.451.80C
51,900
803,10(1
97.900
932.800
106,600
727,000
940,500 15,812.400
889,000
8,4e6,000
300,000
2,833.000
481.000
5,138,800
818.200 13,495.000
394,500 10,018.100
95,400
1,017.400
298,000
1,185,000
361,400
1,411,900
117,700
2,073,200
270,200
8,532,000
««,800
1,547,600
(122.000
5I6,B0U
1,559*)0
29.900
9W.O0U
4.609.400
2.749.500
100,800
28.300
115.300
2.812.400
2,163,000
4IO.0(K)
1,008,600
8.409,900
8,147,700
160,100
24.000
15.700
386,800
660.200
236,700
Inc.
Dec.
LeKal tenders
The following
958,500
1,031.200
I
••
••
"
'•
"
••
Feb.
12,089,700
•?I2';?S?SS i?'?2.?'J''9
liS'ilS'JSS 53,55»,ii00
?.5'^S?'^^
.878,890,900
.280,068,000 51 »J2,200
,
17143500
50.312.800
lH,58«,S3o
S?'S'^'i^
5),74«,600
16,43-,,900
lfl,«H0.O00
,
.293,d4.'>.«00
.297.135,600
810,1,00
1,486,000
45,000
90,000
460,000
800.000
268.900
225,0J0
\8O,UIJ0
:M,800
:
Inc. $5,307,500
Dec.
48,000
weeks
57.4:3.300
58,035,000
57,827,800
65,440,100
16:505,500
14,168,000
I'i
i;M 400
11,052,400
11,555,100
242.0S7,100
240,995,600
253 731,900
237 488 700
£imiw
204404200
past:
2,-S,024,H00
942.M2,768
779,955 847
84fi«48
603,aS9
418 518
014 073
23812900 657695,265
1»
21 6:13 900
7S7 728
ll'SS'oOO
WSIZS'os?
21,5'i9;9TO
77i2TO'895
267,128 100
21683 200 7209W:i35
21509 600 6,83 44.S •5?3
27l,'.i5T,'«io
2
5sS
271012 800 21 174000
27 lAsioO 21,002 106
270
2(i4
^•^^
^is^lU
72r.
419
k',J
W50u'o«
000 20 967 00 ffil'sOlM^
OiW 200 20 975 800 748 '481 8(1 j
11272500 20fl,W0,M0
53,608.300
10,847,500
S^-S^-X
tl^-^-^
•i?; S?;-r g:39r,5TO
8..;.gi,,-57,7oo
66,-i7a00O
.'?'Sii?SS
,7;237;;oo
19,229.300
^....272,250.800 5«.8al.90O
29.... 2^.216,400 59.271.700
21,6«9..300
iSl---SS'Vi-^
iS
22 547 400
^^^
^P^-?SS m;5«;^ '^^^^
^M4\
^^:SSo
281 075 900
2!W 323 700
2^ 7fl2'B0O
20,498 400
3.. ..291.784.300
(lEOTATlQ.N'S LN
*y-'»».<»0 22,064,300 278 148,700
65,210,100 21,716,800 275 770 800
BO.lBs'.eOO 20;68i;600 283;67S.aOO
BOSTflN.
saonaiTias.
Bid.
20'^'l0O 78599S'S7j
Ask
ft Tcpcka let m.7i
117M 118
do
land grant 78
do
2d7i
117X 119
do
land Inc. Ss..
Boston ft Maine 7b
121
itoBton« Albany 7b
do
6s
Boston ft Lowell 7i
do
6b
Boston ft Providence 7«
Atch.
.
.
115
do
Nebr.'68
Ex 109J1
do
Kebr.6s
Conn, ft FasBUDipBlc, If-, 189;
Kastern,M>aB.,4iiB, new, ... 94g 94«
FltcbbnrgKK.,in.,.
do
78
Fort Scott ft Gulf 7B
108k
Hartford ft Erie 78
41« 41%
»Un. city Top.* w .,7b, Ist
116H
^°
'"«••
'••
,..?".
r tlty Lawrence ft So. 4s...
A.
90
'
Kaa.city.st. Jo.&C. B.
Uttle rIc
New York
ft
ft
:8.
.
Ft. 8icllh,7B,lit
New Engl is...
Ogdepsburgft Lakp Ch.St...
XtJ
19.694 900
616148'24?
19820000
Bn7'^ls'aJ}
19,572;000
TlMTOMi
SXOUBITias.
01dCo1ony,7B
Ho., land tcrant 78.
5,34
list.
'
111^ 112
99«]100
llOiK 111
6s, old, reg...
do
do 6B,n.,rg.,prlarto'9S
do 68,n.,rK.,1895&OTer
'
arte
do 48, viirlcUB
Allegheny County 59, coup.
Allegheny City 78, rejt......
"
N.
Bid.
Ask
"
Old Colony, 88
Omaha ft b. Western, 8b ..!!
hueblo * Ark. Valley, 7b..
''^,^
Rutland 68,l8t mort
Vermont & Canada, new 88.'
VcrmontftMaas. KB., 6s
STOCKS.
Atchison
ft
Atjhhoi
ft
Toneka
Cheshire preferred. ...
Ctalc. Clinton Dub. ft Ml'u
Concord
ft
145
82
isi
49
78
'
Clev. ...
Connecticut River ,,!!!!!!"
Conn. & PasBumpsIc
Eastern (Mass.)
Kastern (New Hampshire)
Fltchburg
,
FortScoftft Gulf, prcferrea"
ir ,^
i""
K.L.
T^w
13« 12X
do
ft
pref.
7
9>»
49)»
44
49»
do-
5s,
Baltimore
quarterly
68, 188I,
LawrnncM
Plttsb.ft Connellsv.78,'9B,J4J
*H
'l8,E.ext.,i910 lOd
Inc. 78, end., '9.1
Belvldere Uela. St m.,68,1902. Vib
1
2d m.6s. '8.i.. 107
3d m. 6s, '37. 104
106
68, coup., *S9
Camden ft Amboy 68,coup,'33
do
do
Cam.
mort.
li2«
6s, *89
3IH
80
Northern Central
do
68,
imt
105
10:3
102(i
140
79H 81
90
108)«
Atl. Ist m. 7b. g.. 1^93
do 2d m. cur. 78, 1^71*.. lioji
ft
107
108?
UlJ
112
113
116
117
119
114
117
108
108
Ul
ii5;<
119
119
i«o
120
115
181
164H 1G«
115
107
150
8
'i'-H
180
110
1«
40
108
102
Ul
106
14« 115
68, '85, JftJ 108
1900, A.*0. 112
6s,gld, 1900, J.ftJ. 109
do
Cen.Ohlo6s, lstm.,'90,M.ft8. 110«
W.Md.68,lstm.,gr,,'90,J.&J.
do Ist m., i890, J.ftJ....
do 2d m., guar., J.ftJ
do 2d m.,pref
do 2dm.,gr.by W.Co.JftJ
do 68, ild in., guar., J.ftJ
.Vlar. ft Cin. 7s, '92, F. ft A ...
115^
110
lis
110
U4
113
«
11.1
10;
110"
97«
107
113
108
ioi
do
2d, M.ftN
70
71
89,3d, J.ftJ
do
34!« 3bn
Union RR. iBt, gaar.,J.ft J.. 108
Canion endorsed. 108
do
CINCINNATI.
Cam. ft Burlington Co. 68,'97. 106
Catawlssa 18t,7a, conv., "82,
chat. m. ,10s, '88 ..
do
6b, long
Cincinnati
•'«?'""'B
.
lioa
do
new78 1900
114
do
7'-3b-B.'.'.'.'.'.!!!!!:!!!t}{5,
do
17«
HI
ConneCtlDK 68, 1900-1904
South. RR. 7-30e.t ikt
do
1st
m.
Val.,
78,C.,190;
Chartlers
106J4
do 68, gold, t 125 126
do
112
Delaware mort., 68, various.
Uamllton Co., O., 6s. long., .t 111
107
Del. ft Bound Br.,18t,7s,1905
114«
7b, 1 to 5 yrs..t
ao
East Penn. 1st mort. 7s, '88
7ftT308,long.1 105
do
115
Bl.ft W'msport, ist m., Is, '80.
CIn.ft Cov. Bridge st'k, pref.
130
5s,perp
do
Uln. Uam. ft D. coa8.6j, 19 5 +
104
10»><
HarrlBburg Ut mor». 6s, '83...
78, 1905 +
do
'90.'
7s,
gold.
Ist
m.
H. ft B. T.
2dm, 78, '85t 110
do
104
Istm. 7b, fd. g,'S9
do
Cln. Ham, ft Ind„ 7s, guar. .1
101
2d m. 78, gold, '95.
do
CIn.ft Indiana Istm.TS
2d m. f !.ecrlpg.,78
do
105X
2d m. 7b, '77. .-t 105
do
3d m.cons. 7b, '95»,
do
Colom. ft Xenla, Ist m. 7b, '90 102
Itbacaft Athens Ist g d, 7s., 'SO
Dayton ft Mich. Ut m. 7b. '813 tl07
101 Ji UU
Junction l8t mort. 6d, '82.
2am.7B,'84.3105H
do
2d mort. 6s, 1900
do
3d m. 78, '883 105
do
118
Lehigh Valley, lst,6s,cp.. 1898
Oaytonft West. Istm., '81.. .1 103
do reg., 1898...
do
118H
1st m., 19U5.1
do
do 2(1 m. 78, reg., 1910.
l8tm.68,i9U>
do
do con. m., 6s,rg.,1923
Ind,Cln. ftLaf. 18tm.7B....t tl08
lOL
do
68,( p.,19.;S
do
do (l.ftC.) l8tm.78,'8S3 105
Little Schuylkill, iBt m.79 '.^2
Little Miami 6a, '83
3
North. Penn. Ist m. 6s, cp.,'85.
Cln. Uam. ft Dayton stock... 102)i|
84
2dm.7s,cp.,'96'.
do
Columbus ft Xenla stock
125
do gen. m. 78, cp., 1903.
118
Dayton ft Michigan stock
53
54
do gen. ro. 7a, reg., 190?
do
8. p.c. Bt'k,guar
120
188
io'i
on Creek ist m. 7a, coup.,'8i.
Uttle Miami stock
.
.
Pa.ft
& B, 7s, cp.,'96
Scrip .,..
do
N .y .C. * RR. 7b, 896
1
121>, 122
80
LOCISVILI.E.
121
120« Louisville 7b
.
1906
do
123
Pennsylv., Ist m., 68, cp., '80.. lOOH
gen. m. 6s, cp., 1910. 117
do
gen. m. 68, rg., 1910. 117
do
cons.m.6i,rg.,1905. n2H
do
con8.m.6s. cp.. 1906.
do
112H
do
do
do
do
do
do
.
do
Navy Yard 68,
rg.'si
reg
6s.
105X
Ist m. 6s,coup.,'9
90
Phlla. ft Erie 18t m. 68, cp.,'8t. 102
Perklomen
.21
454
Susquehanna
RAILROAD BONDB.
do
S3
90
106
110
98
,
quart
.
rto
i«e
Marvland 6s, defense, J. ft J.. 105>4 108
106
do
6b, exempt, 11)87
100
do
68, 1890, quarterly.. 106
108
49
Val., 73-108,1896.
60
86
BAL,TIIHURB.
60
do 6b,',8S6, J.ftJ
do 6b, 1890, quarterly...
54X
IW 102J4
du 68, park, 1890, <i.-M.
Norrlstown
49
do «8, 1893,M.ftS
North Pennsylvania
53S4 53^
do 6s,exempt,'J&,M.ft8:
Pennsylvania
12H 13
do 68; 1900, Q -J.
Philadelphia ft Brie
do 6b, 1902, J.ftJ.
Pnlladelphla ft Reading
7X
160>i, :6a
do 5f 19i6, new
Philadelphia ft Trenton
89
Norfolk water, 8b
Phlla.Wllmlng. ft Baltimore.
12« !S3»
RAILBOAD STOCKS. Par.
Pittsburg TltuBV. ft Buff
pref.
Balt.ftUblo....
...100
do
00
Ist prtf
at. Paul ft Duluth R.K. Com
do pref.
do
2d pref
do
Wash. Branch. 100
do
United N. J. Companies.
do
Farkersb'g Br. .50
West Chester consol. pref..
32X
Northern Central..
5U
WeetJersey
5(i
Western Maryland
CANAL BT0CK8.
33^
Central Ohio
50
Chesapeake ft Delaware....
35
Pittsburg ft ConnellBVIlle..50
Delaware Division
3AILROAD BONDS.
27
Lehigh Navigation
Bait, ft Ohio 6s, I885,A.ftO.
Morns
.N. W. Va.3dm.,guar.,'85,JftJ
do pref
Allegheny
do
do
93*
do
2d m. 6s, reg., 1907 61
do 68. boatftcar,rg.,19:8
do 78, hoatftcar,rg.,19K^
Susquehanna 66, conn.. :9i8.* lom
Neequehonlng Valley
Pennsylvania
Schuylkill Navigation
pref.
do
loe
105U
Dela. I8t6s, rg./86
•MorrlB, boat loan, reg., 1885.
Pennsylvania 6a,co-.\p., :910.
Schuylk. Nav.lst m.68.rg.,'97
Little Schuylkill
Silnehlll
107
OAHAL BONDS.
—
East PeuHayivanla
Blmlra ft Wllliamsport
pref..
do
do
Bar P. Mt. Joy ft Lancaster.
Huntingdon ft Broad Top...
116«
7e, reg., 1911
1901
Delaware Division 6s, cp.,T8.
Lehlgb Navtga.m.,Bs, reg.,'84
do mort. RR., rg .'97
do m. conv. g., r.-K.,*W
do mort. gold, 'in...
do cons. in.78,rg.,191
new pref
Delaware* Bound Brook....
do
Lehigh Valley
do
Chesap.
do
Penn, Co,
Southern. Ex.R
Little Bock ft Fort Smith
41«
ft
106H
pref
do
10
54 >«
West Chester cona. 78, '91
West Jersey 68, deb,, coup.,'8S
do
Ist m, 68, cp., '96. 112
do
Istm. 78, '99
113
do
cons. 6s, 1909
Western Penn. RK. 6B,ep.'.
im'x
,'96. 101
do
(s P.B.,'
CatawlBsa.....
pref
do
do
2d m.
7s, ci).,'98
Phl'a. Newt'c ft N.Y., Ist m.
Phlla. ft Read. Ist m.68, '43- '44
do
do
ft
Manchester
122
108
.
common.
.
116
7b, reg. ft coup.
do
Delaware 6b, coupon
HarrlBburg City 6b, coupon
RAJtBOAD BTOCKB.t
Atlantic
i'l'i
Texas ft Pac. Ist m ,68, g.,1905
do
cons. m.,6e,g.,1905
do
Incft 1. gr ,78 191;
Union ft Tltusv. Ist m. 7s, 'SK.'.
CJnltcdN.J. cons, m.68, '94,
Warren ft P. ist m. 7b, '96..
"
Camden County 6s, coup
Camden City 68, coupon
ft
.
i-yra.Gen.ft Corn'rf,i8r,;8,i»ii5
106
rlttsb. Tltusv.
x
XeDraska
Boston ft Albany.
Boston .^LowelJ
Boetonft Maine. ..
Boston ft Providence....!!!'
Cln. Sandusky
do
enerapi, rg. ftcoup.
Camden
.
Steubenv. & Ind. Ist, 6s, 1884 102Ji
Stony Creek 1st m. 7a 1907....
Sunb. H»z. ft W.,l8t m.,58,'23. "ei
84
103« Sunburyft Erie ist m. 7s, '97.
117
7s,w't'rln,rg.&CD. 119
do
6s, 1903
Shamokin V.& Pottsv. 7«,
4s, coup., 1913....
58, reg. ft cp., 1913.
6s, gold. reg... ...
lo
m.
-t
PHILADELPHIA AMD OTHER CITIES.
BOSTON.
ft
867'^"o4o
Ssm'oOO 7?9?p('^?
••SS'SS'IVH 63,192,700 22,221.300 271,628.600 19,682 600 737
oS--^S^-}SS
aS--^*?*'"*
68,lVi5,reg.,1882-'M lOS
SB.ln. Plane, reg.,1879
ilo 78, itr.tmp., rcK., '83-86.
Jersey 68, reg. and coup. .
conB.m.6s.g.l.l9n.
i.en.
PlttB.CIn.ftSt. L. 7e, cou.,190C- 116
102«
1023
FhUndelpnla, 5s reg
do
S7>«
i%-
do
deb. 78, ens. off
_ do mort., 76, 1892.3
Phlla. Wllm. ft Bait. 68, '84 ... 108
58 M!W,reg.,lH»4-19lK 113
01*4
68,10-15, reg., H77-'Si
;i81
SJ.'^'WOO
51
,
do
65
10'
18, cp.,191!.,
78, rg.. 1911.
. .
Deposits. Circulation. Anit. Clear.
NOTT.-Wlth December 27 the Grocers' Bank disappeared from
the
Burl,
221.400
W^S'^ M44MM7
239 :»a 800 20 081 600 771 01««7o
}h^-^ 256,367800 20 987 900 SlOmisis
:Mi§§ 4t^;r II'^X gl;SK ISi^^Z iS'S?i'J
^•ISS'ZSS
•^522-S22
^7
„
L
July
;^S?T'^
16,914,200
l----^:fil-^
J4....
14
290.445.200
Afrll
..
^^.'^•'iOO
31
S-aRS.IM.SOO
SST'^'S'^ffi
.294,li'7,400
T
o3j,800
279,800
604,197,943
JS'Si?'"**
48,838,200
12.54.<).400
50}i
g'd , Int. reg. or cp,
Ss. cur., reft
58, reg., 1582-1832. ....
58,
ao
180,000
1,075,000
23,748,600
13,103,900
|'--2«0.091,20p 58,687,200
T,
•'
800,000
431,500
45.000
288,900
3.900
445,500
447,900
lOO.uOO
4,600
"80,300
850
722
668
588
l-'''"3-H95
do
do
do
do
do
do
l,12(,40O
45,000
5,100
23 255 100
23,483800
23,651900
23 732,900
18.771,-;00
Sl-S'-*^
119
Nashua
eons. m.
cons. m.
Imp. m.6sg., 1897..
conv. 7s, 1893*
78, coup, off, '9i
Pbll.*R.Caalftlron deb. 7b,»2
il4'!4
BTATB AND CITT BONDS.
PlttBhurg
247,196,500
»47,030,100
247,569,200
240.118,600
242,062,200
S2'29S'Z39
••§S'i2A'!ffi
2«.
900.000
179,800
22,5.50.400
•?S-f3?SS K'H"'™*
Mar.
1,337.900
2.')0,297..<in0
t3l^-iSR
3.
ID.
17.
84.
••
063.000
897.200
2J2,b00
18U.00O
2,700
476,600
30.800
585.000
460,000
18,985,200
SS'SS'JSS ii-^-fP
do
do
do
CO
do
do
do
29X
PHILADEL.PHIA.
Fenna.
L. Tenders.
13.
135
70
113
85«
BuUsLd, preferred
Vermont ft Massachusetts
788,700
Specie.
28.
89.
6.
20.
S5'2S?'JSS
• 87. ..277,684,200
1880.
Jan.
267,000
are as lollows
Circulation
are the totals for a series of
I/oana.
.
ft
SKGuarnas.
Phil, ft Read. deben.,cp.,'sr
do
do
cpa. ot..
do
scrip, 188-5
do
In. m.78, cp,1896
3S« 39
England...
Northern of New Hampshire 96
131
Norwich & Worcester
OgdensD.ft L. Cbamplaln ... 28J,
pref .
do
Old Colony
Portland s»co ft Portsmouth 111
114
Pulliiia Palace Car
Worcester
i
18T9.
Ask
Bid.
118
,
i
Specie.....
siotminis.
1,100
56.168,600 20,684,600
The deviations Irom returns of pfevious week
Loam and discounts
Inc. »5,870.20O Net deposits
Dec.
t
495,000
10,666,000
2711,300
B»«r(».V, PMIIt.lUBbPMI.k, 8te.-C»ntlnue<t.
Sew York ft New
CirculaLeaal
other
tion.
Tenders. than U. 8.
Specie.
.
rvoL. XXXI.
Ntsbuaft Lowell
Average amount of
Net dept's
dlscounta
Nov.
—
.. .
..
do
'48-.49.
2d m.,
78, cp.,9J.
•
In default.
i
Con, to Jan..
J
Per share.
'77.
funded.
109
6a,'82to'87
68,'97to'9«
t
t
water 6s,'87 to '89,3
water stock 6b, '97.3
wharf 6s
3
Bpec'l tax68 of
106«
t 105
'89.-I
105
105
105
;o5
105
105H Loulavllle Water 6s, Co. 1907 3 107«
Jeff. M.ftl.lstm. (1*M> 7i.,'8l3; 100
'
do
2dm'., 78
!..lll07J<
do
lBtm.,7s, 1906....t 114
LonlBv.C.ft Lex. Ist m.78,'973 114«
'Z
Louls.ft Fr'k.,Loul8v.ln,68,'8!
102'>,
102>,
112
Loulsv. ft Nashville—
Leb. Br. 6s, '86
t
Ist m. Leb. Br. Ex. 78,'80-85.3
Lou. In.
do
6s, '93.. .f
Jefferson Mad. ft Ind. stock.
t
And
Interest.
105K 106V
105 >t loeS
;05iv
103
lOAK
106
—
.
. ....
—
—
.. .
..
.
...
.
.
.
THE CHRONK^LE.
Jin.T 10, 1880.]
41
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U. 8. Bond* and
aetive
Railroad Stocks are quoted on a previous page.
Prices represent the per cent value, le/uUev&r the par
may
6«.
STATE BONDS.
etcvtams.
BICCaiTIZS.
Alabsmii— ClaM A, 2 to S
CUuM A, 8 to B, imall
.
.
6h
6s,
due 1887
due 1888
duel8«9or'00
Asylum
or Univ.,
110
due
•
108)4
New
"92.
;iii;--
I]llnol»-6t.coupon, 1879...
do
68,
South ('arolina—
es. Act Mar. 23,
NuH'f unUable
J.&J
bonds, J.
Chatham
6s,
6s,
1869.
1
'
{
new
new series
Vlrglna-««, old
6«, new, IH«6
6s, new, l.sa?
A3
RR
6s, couHOl. bonds
6s, GX matured coupon.
68, consol., 2d series....
68, deferred
D.of Columbia— 8-65«. 1924.
Bpedai tax, class I
do
class 2
do
class 3
Consol. 4s, 1910
Small
Ohlo-es, 1881
68,1886
1898.
Bid.
Tenocssee—66, old
A.&O
do
6h loan 1883
00 do 1891
6b do 18P3
War loan
Mmtocky—6b
SBCnBITIU.
Bhudft Island—6s,coup.'9B-0
do
A.AO
do
coup. off. J. A J.
do
coup, off, A. &0.
Funding act, 1886
1888
do
f-tindlnK, 1894-95
Hannibal i St. Jo., 1886..
1887..
do
do
New York-6B, gold, reK.,'87
68, gold, coup,, 1887
Connectioutr-66.
7a, (Old.
eB,old, A,AO
No. Car. RB.,
105
1(MI
fta
Bid. Ask.
North Carollna-ea, old.JAJ
7b IHttO
Missouri—«B, due 1882 or '83
ClauC, 2to5
Arkuuafl—68, funded
7», L. Rock 4 Ft. Scott lB«.
ft, Kemp. * L. Rock KB
7« L. R P. B. & N. O. RB.
7«, MlM. O. * B. B. RB...
7b, Arkansas Cenirol RR.
sccmuncs.
Ask
MM
—
CUuB.B*
Seorgt*—«»
7»,new
7B, endorsed
Bid.
Ix.nl8lana^7B, consolidated
Mlohiinin ttB 1883
59H
it-
BevlHtered
Funding 5s, 1899
do
registered
104
104
....
BAILROAD AND niSCBIiliANEOVS STOCKS AND BONDS.
N. Y. Central— Continued.
*103!^
6s, subscrintion
128
istm., I. 4 M-, 1H97
N. Y. C. A Hud., Ist m., cp.
108
istm., reg. llWi 127H
do
rstm,, I. AD., 1899
Huds. B., 78, 2d m., s.f.,'Ss
1st m., C. A M., 1908
»118M
112
Canada South., Ist, Int. g.
Con. sinking fund, 1905.
127
Harlem. Ist m., 7s, coup.
2d mortgage, 1884
109
126 127
lat m., 78, reg
do
1st m., TsTlA D.Kxt.,1908 108
U0«
100« N.Y. Elevated-lst, 7s.l906
8.-westdlv., Ist6s, 1«)9
Wisconsin—
1st, 6s
S96"
92S« N.
Ist 58, LaC. A Dav., 1919.
99
Nevada Central— Istm. 6s.
Ist 80. Minn, div.es, 1910. idoji
Ohio A Miss.— Consol. s. f'd
l8tm.,H. A»., 78. 1910. .. 107«
'.17J„
lI16Ji
Consolidated
Ohic. 4 Northw.— Sink. f'd.
"0S«
112
Sd consolidated
Int. bonds
123
81
Istm., Springlield div
83ii
Consol. bonds
Ohio Cent., 1st m., 6s, 1920.
Extension bonds
88*i,
98" 100
no!< Peoria Dec. ft B'vllle, Ist 68
1st mortgage
Pacific ItailroiulB—
Coupon gold bonds
Central Pacific—Gold bds.
Keglstered gold bonds ....
112J4
106
107
San Joaquin Branch
Sinking fund
103
104
Cal. ft Oregon, 1st
registered..
do
ica
State Aid bonds
Iowa Midland, 1st m., 8s.
I.and grant b(^d8
Galena A Chicago, exten. 105HS
ide'
107
Western Pacific bonds..
Peninsula, 1st m.,conv...
97
South. Pac. of Cal.— 1st m.
98K
Ctalc. A Mil., 1st
lOSHi
Union Pacific— lat mort.. 112
Winona A St. P., 1st m.
lis
:i3
grants,
2dm....
Land
7s
113J4
do
118
119
119
Sinking fund
C. C. C. A Ind's— let, 7s, s. f. 117
108
H4)«
Registered, 83
Consol. mortgage
116K
104
Collateral Trust, 6s
C. St.l.. A N. O.- Ton. Hen 7f
ide'
Kansas Pac—
1st con. 78
Ist m., 6s, '95, with cp.ctfs new
C. St. P. Minn.A O'aCons.Os,
—
Cb.Mll.A St.P.-Contlnued
lstm.,laC. Dlv.,1893...
Sailroad Stocks.
iAebve prmiouily twiud.)
om
Albany i, Susquehanna
tioe
Boston ft N. Y. Air 1,., pref.
Burl. Cedar lUplds ft No.
«61J4
Cedar Falls ft Minnesota.
Chlcano ft Alton, pre!
.
.
.
.
.
Clcv.
ft
I'ittaburK, guar....
Grande
Denver
ft Kt<i
ft Sioux
Frankfort ft
Dubuque
soik
City
Kokomo
Harlem
lod Bloom, ft Western
Intem'l A Gt. Nortlicm.
Keokuk ft Des Moines......
pref.
do
do
.
iiOng Island
liOOIsT. N. Alb.
ft
Sto^
.
110
Chicago..
Charleston
Metropolitan Ktevated.
«iii'
N. Y. Bevatcd
N. Y. New Haven ft Hartf
J«. T, Ontario ft West. pref
Peoria Decatur ft EvansT.
Pitts. Ft. W. ft Chic, guar. 126"
Memphis
ft
«
2H
do
Rensselaer
Saratoga
ft
Rome Watertown
8t.
—
—
spec'I.
ft
Ogd..
Paul ADuluth
do
do
Del. Lack.
pref.
A W.— 2d
Ist m.. 6s, '96,
do
Den. Dlv. 68 ass. cp.ctf..
mort.
convertible
Stonington
Terre Haute ft Indianapolis
7s,
Texas ft Pacific
do trust certlf.
do
VDledo Peoria A Warsaw..
United N. J. RB. A Canal
Morris A Essex, 1st m
2d mort,
do
bonds, 1900
do
Mortg«ge78, 1907
8yr.BU«h.&N.Y.,
.-.
construct'n
do
78 of 1871.
do
Ist con., g'd
do
Del.AHud.Canal— lstm.,'81
Warren
Hiscellancoas St'ks.
Adams Express
lis
American Express
Onlted States Express
Wells, Fargo A Co
American Coal
.1.
31
.
i36^«
5th mortgage, 73, 1888
1st cons, gold 78, 1920
.Mining
Leadvltle Mining
Uttle Pittsburg Mining ..
Mariposa L'd A Mining Co..
do
do pref.
Maryland Coal
Montauk Gas Coal.
D.Y.AStraltsvilleCoalAIron
Ontario Silver Mining
Nav, Go.
Pennsylvania Coal
Pullman Palace Car..
Quicksilver
do
pref
ailver aiff Mining
btandara Cons, Gold Mining
.
.
.
121
N.Y.& E,
Buff.
Consol.
do
do
114
l8t,con., f, cp.,7s
2d,con.,f.cp. ,58,68
Han. A St. Jos.— 88, conv
Hous.ATei. C— 1st, ra.l„7s
1st mort.. West. Dlv., 7s..
. .
men
200
1st mort.,
Waco A
N., 78-
2dC.,Main lino, 8s
2d Waco AN.. 88
Inc. and ind'y, 7s
U14
«57~
1905
i26
iiii
90>,
Income
.
«84
10««
Arkansas
1C9M,'
104 >«
103
Land grant income,
Chlc.ft
mi
A
Cleve.
Ind., 9. f., 7s.
Tol„ sink. fund.,
do
new bonds.
Det.Mon.ft T.,
1st, 7s.'1906
Lake Shore Div. bonds.
llOOf;
119
117H
103}^
2d mort. /is, gold
112
Ceclilan Branch, 78
Miss.Biv.Brldge.lst,s.f,6s
Nashv. A Decatur, 1st, 79. 108
Ohlc. Bu r. ft Q.—8 p.c, Ist
108(* L. Erieft We8t.-l8t68,1919 ion
Consol. mort., 78
121
Laf. Bi.&Mun.— Isi 69. 1919
58, sinking fund
120
Manhattan Beach Co. 79, '99 t»0
Ohic Kk. l.A P.-fls, cp.,19n liv"
N.Y. AMan. Beach l8t78,'9V :103
6b, 1917, registered
*119
Marietta A Cin.— 1st mort
Keok.ft Des M., 1st, g., 5s.
»7>, 98i(
Ist mort., sterling
Central of N. J.— Ist m., '80.
Metropolit'n Elcv— lst,190S
99(i
iBt consolidated
Mich. Cent.- Cons., 7s, 1902 120
do
assented. 102« ids"
Ist mort., 89, 1882, s. f
1st m.,g'd
do
assented
Adjustment, 1903
I«hlghAW.B.,con.,g'd..
do
assent'd
Am, Dock A Impr. bonds
do
assented
121K
122
103
108;.
islfj
lf'l»t
Ohlc.MII.ASt.P.— l8t..S9.l'.I) ;i.i2?i
»d mort., 7 3-10, P.D.,I89S,,illB
Ist m.. 79. « B'ld,R,D.,)901i
tll5
'
181
WM
68,1887
tAsdi^^ciMdlDUiMt.
«
Hannibal ft Naples, 1st (S
St.L. K.C ft N.K. K.ft B..7s
Div., 1st mort., 78
Clartndab..6s, 1919
St.Chas.B'dge.lBt, 78, 1908
North Missouri, Ist m., 7s
West. Un. Tel.- 1900. coup
M5s
112
;'.08
estate
No prtoa t«>dar ;
iinsu
-.00
(Jalv.
Hous.AH.-78, gld,'71
I.
gr.,7a
ft Nebraska^ Istm.
2d mort
Long Island— 1st mortgage.
Midland of N. J.—Ist, 7b, g.
79
IS
St. Jo.
150
A Western stock..
St.L.A S.E.-Cons., 7s, g.,'94
St.L.VandaliaA T.H.-lBt
2d mortgage, guar
South Side (L. 1.)— 1st mort
87« Union A Logansport- 78.
Pac— South
Branch
.
no
84
I«
so
lORk noii
100
106
80
80
50
so
90
98
106
60
20
109
6U
10
S
107
66
88
#
1
1
70
20
16
10
116
87
78
88
18
80
104
98
100
BO
108
106
100
Southern Securities.
88k;
{Brokers' (Quotations.)
STATES.
tlSl
tl30
J63'
65
96
113
lOB
.
,
idf
Vast-due Coupons.—
Tennesssee State coupons.
'.if South Carolina consol
Virginia coupons
consol. coupons...
do
20
131
Atlantic A Gulf—Consol.
Cent. Georgia—Cons, m., 7b
Stock
Chari'te Col. A A.— Cons., 7b
2d mortgage, 78
108k
103
East Tenn. A Georgia—68.
40
E.Tenn.A Va.—69.end.Tenn
101
E. Tenn. Va. A Ga.— 1st, 7b.
MI
Stock
102k Georgia
104k
:o«)i
A
i,
Dec A
1919..
Sp'd, 2d Inc..
Gt. Northern— 2d Inc
BR.— 7b
(is
I
iioH llOX Macon A Aug.— 2d. endors.
MemphlsA Cha'ston— l8t,78
110^
115k i;b
:i«
Stock"!"'.'.'.'.'.'.".".'...'...
Mississippi Cent -Istm., 7b
2d mort., 8s
Miss. ,t Tenn.— 1st m., 88. A
Ist
97»iS
60
35
37k
mortgage, 89, B
A Jacks.- Ist m.,
Ss.
Certificate, 'id mort., 88..
Norfolk A Petersb.— Ist, 8b.
lat mortgage, 7s
<>.
'2d
mortgage,88
100
106
111
90
105
100
00
98
100
65
75
116
106
110
100
100
100
+9lj'
idej^
27
100
106
1J5
+97
108k
\0h
100
100
106
Ida"
108
105
110
:o3
100
30
IDS
108
129
102
m
118
47k Northeast., S. C— 1st m., 8b. vn
117
65
2<1 mortgage, 8s
70
Rich. A Dan.— Ist consol ,6* 102k 103
Southw. Ga.—Conv., 7s, '86. 108 no
68"
95 too
Stock
46'
60
69
65
ft Wilkes B.Coal— 1888
LakeRrleft W'n— lnc.7s,'9S
70
Laf. Bl.ft Mun.-lnc. 7. 1899
6S'
Mobileft O.— 1st pref. deben
75,,
2d pref. debentures
tso
Sd
do
4th
do
t30
65
N.V.IjikeE.AW.lnc. 69.1977
?4.1
Umm wa latMt qvoMUoiu nade tkU w««k.
50
102
108
88
100
95
90
90
105
99
Stock
GreervllleACol.— 78, Istm
78, guar
N.
Cent. Iowa coup, debt certs.
Ind'sBI.AW'n-lnc,
RAILROADS.
132
107
115
Col.Chlc.&lnd.C.,inc.7s,1890
Ind's
lOOii 101
III
109
lOB
.Nash. (hat. A St. L.-lst 7a.
N. Y. Central-6B, 1883...
'79.
Central of N. J.-1908 ....
Chlc.St.L.AN.O.- 2d m. 1807
Mobile
m., 68
108
64)t
118)i So. Carolina—Con., 68 (good)
98
95
!00}< 101
New irap't cons
102>4
M,A8. + 108 106
Texas—Hs, 1892
109
110
J.A J. + I11k
7s, gold, 1892-1910
-.02
104
7s, gold, 1904
J.AJ. HI2k
111
Virginia— New 10-40s
Equipment bonds, 78, 18^
Leh.
A Ohio— New
A Crawfordsv. -78.
A Pere M.—Ss, I'd gr't
Consolidated 86
Stock
Kansas
I.MCO.ME Bo.vns.
104>ii 104
.
loe
109
.
Flint
Ist, ex.
Sprlng.V'yW.Works— lst68
Oregon 11. A Nav.— let, 68
Mo.K,AT.-Con8.a9S..lfl04-6
2d mortgage. Inc., 1911
H. ft Cent. Mo., lat., 1800
69, real
Wab. RR.-Mortg.78 of
T. AWab., l8t ext .7s
Int.
.
107'
7s
S.,
Ala.AChat.— Bec'rsctts.var
1900, registered
6s, 1909
es
L.S.AM.
Indianapolis ft St.L.— Ist, 78
2d mortgage
Indianap.A Vine— Ist, 78, gr
84
m.
Omaha
115)2
Equipment bonds
iS§J
90
;o«
Evansv.
lis
O.ft Tol., 1st, 7s, '90,ex cp.
111.,% So. la., 1st m.7s,ex cp
m
Convertible
49
:oo
Denver Pac— lst,7s.Id. gr.jg 80'
Eri%A Pittsburg— 1st m., 'is tlOO 108
loe
Con mortgage, 7b
86'
7s, equipment
U.
*ioo'
Consol. conv., 78.
Gt. Western, Ist m., ex cp no
do 2d m..7s,'98,ex cp 102
USkllld
114
t«
Southweat.- 7s,guar
Cin. Ijifayette & Ch.— Ist
Cln.A Spr.-lst. C.C.C.AI.,7i
Gr'nd B.ftlnd.— l8t,78,l.g.gu
Ist, 7s. Id. gr., not guar...
116^
lOSk
:90
1st
Ist St. L. div.7s,ex mat.cp.
2d mortgage ext.. ex coup
119«
no
III..
1st pref. inc. for 2d mort.
Istpref. inc, for consol...
I19i4
.
cons, coup., 1st
do
cons, reg., Ist.,
do
do
cons, coup., 2d,
ids"
cons. reg.. 2d
do
Louisv.ftNash.—Con8.m.,78
So.
C—
— \^
m
Income, "A "
"B"
do
N.Y.ftGreenw. L.— lat,7B, n.
2d
do
102Ji
N.Y. ft Oswego Mid.— Stock
92"
Convertible bunds
56M 96" New Jersey 80.— 1st, 68, new
St. Joseph ft Pacific- Istm.
2d mortgage
Burlington Div
101
115
119
ft
Tol.Peo.&W.Pur. Com. rec'pts, Ist.E.D
1st mortgage, W. D
107j^
Cleve. P'villo A Ash., 78
Buffalo ft Erie, new bds...
Buffalo & state Line, 7a.
Kal'zoo ft W. Pigeon, 1st.
...
Income
do
100
109
mort
68
100
106
88
96
80
BOH
138
124
:20
te
St. P.A Sioux
Ist 69.1916 idik 102
107)<
St. P. M. ft Manlt'a— Ist, 7s. 1107
$96
2d mort., 69, 1969
60
Lake ShoreMich 8. A N.
Br., 1st
ft
m.,g..7s
E. 111.-8. F.c'y 1907
Chic. St.P.AM'polls-l8t.6B
.06M
Cairo A Fulton, 1st mort.
Cairo Ark. A T., Ist mort.
St. L. Alton A T. H.— 1st m.
S105
Sd mortgage, pref
Belleville
.
iisji
2d mortgage
112^^
Ind's Decatur A Sp'd 1st 76
Int. A Gt. North. Ist 68j!ld.
109
guar
Sinking fund
Jollet ft Chicago, Ist m.
Lonis'a ft Mo., Ist m., guar
do
2d 7s, 1900.
Bt. L.Jack, ft Chic. 1st m
Rome Wat. A Og.—Con. 1st.
St. Ii. A Iron Mount'n— Ist m
Ill.Cent.— Dub.ftSioox Cist 100
Dub. ft Sioux C, 2d dlv... 105
Cedar F.& Minn., 1st ra.. lOSli
Ind. Bl'm ft W.— Ist, pref. 7s *11252
Iowa City ft Weat'n,lyt79 tlOT
Central Iowa, Ist ra.Ts, 1899 101^ iOiii
Chesap.ft O.— Pur. m'y fund
646s, gold, series B, int. def
6b, currency, int. deferred
37>i srji
Chicago ft Alton— Ist mort. »120
PttMiBOmliya.
6r.
St.L.Va,ftT.H„l8tg.78,'97
do
2d 7s. 1898
2dgld.78, '08
do
N.Y.L.E.&W.,n.2d,con.,68
stock Bxjchangf. Price*.
Bost. H. A Brie— 1st m.
1st mort., guar
Bur. Ced.R.ft .North.— Ist.Ss
110
ia2
1st m., 1916
~ IS
1900
Ist mort., 7s,
2d mort., 1909.
B»lt.AO.-l8t6s.Prk.b.l918
L., 1st, "s,
.
Long Dock bonds
»6k
Railroad Bonds,
Minn. ft St.
t."!
Y Alr-lj— 1st m.
N..
Income bonds
.
.
lA Plata
ft
Chic,
.,
817"
Telegraph
Homeptake Mining
Oregon Railway
extended
Coup., 78, '94 »108
Beg. 78, '94. {108
.
I2«
Stocl(
3-6s. class C.
do
3-66. class B.
do
do l8t6e.Pelrce,CAI)
do Equipm't 7s, '95
South Pac cf Mo.— Ist m.
Texas ft Pac.-lst, 68, 1905..
,
103J<
A
Chlc.ACan.8o.— Ist
.
106
112
109
....
83
78
RAILROADS.
Atch.AP.P'k-7s,gld
Bost.
ade"
2d mortgage
Income, 78
1st m., Cnrondelet Br.
Bt.L. ft S.F., 2d es.class A. J94H
!..
1st mortgage, 1891
do
do
do
KB.
.
556'
Consolidation Coal of Md.
Cumberland Coal ft Iron..
Excelsior Mining
Pacific
iifl
.
(Jroi«r«' Quotattont.)
1st consol. 6b
of Mo.— Ist m.
USX 117W Income and land gr't. reg.
Ist Construction, 9s, 1930.
reg., '78. 1917
do
Pennsylvania RB
Albany ft Susqueh., Ist m. lid"
108«
2d mort
PItts.Ft.W.A Chic, Ist m.
do
do
2dm..
1st con,, guar 112
do
do
112K
128
do
3d m..
do
Reus. ft Saratoga, Ist.coup
1st. reg.
Cleve.A Pitts., consol s.f
do
do
4th mort...
Denv. A R. Grande— ] st.ldOC
104M
90
91
Col. Chic, ft I. C, Ist con..
Ist conn. 7», 1910
do
2d con...
do
Erie— 1st mort.. extended. »122
107
do Ist Tr't Co.ctf s.a88.
2d mortg., ext'n 58, 1919.
1073i
do 2d
do
ass.
3d mortgage, 78, I8RS...
103>i 1035(1
do Ist
do
suppl.
4th mortgage, 7s, 1880
Land Imp
Deadwood Mining
do
Ist Pa. div.,ooup., 78, 1917
Climax Mining
Oolorado Coal ft Iron
Gold A
mi
—
Boston Land Company
Boston Water Power
Canton Co., Baltimore
Oarlbou Consol. Mining
Central Arizona Mining...
Central N.
n
5
4
lst,7s
118
114
129
Penrta Dec A K'vil.'e Incs,
St.L.I.M.AS.— lBt7s.prf.int.
2d Int., 6b. accum'latlve
Miscellaneous List.
.
,
do
I
I
S.
Carolina KB.- jst m..
Stock
non-enjoineJ
Non-mortg. bonds,
7s, 1902,
.
West Ala.— 1st mort.,
2d mort..
ll-no*/,..n
V
89,
*^
78.
.
88
guar
-1"* ".
Ho qaoUUoa toMUn
IDS
I'o"
.
70
SO
7B
S3
110
110
lis
118
'^o
Utart wle ihU 'WMk.
.
.
.
.
..
.
—
THE CHRONICLE.
4!2
NEW YORK tOC^
Bank Stock
Capital.
CoKPAKtu.
fVoL.
SECURITIES.
Insurance Stock List.
List.
[Qnotatlons by K. 8. Bailxt, Broker,;
Snrplns
at latest
^-ount
tSliS.lfi'!:'!^
dates,
i
Penud
Last Paid
1878. 1879.
3,
5,1
,_»J,000
%
,
.
"
M
.
.
.
*
.
.1
.
I The flgnres in this column are of date June
and of date June '.2, 1880, for the State banks.
11, 1880, for
the National banks
Ga« and Oltr Railroad Stocks and Bonds.
roaa (Quotations by George H. Prentiss, Broker. 19 Broad Street.!
Bab Coupaniks.
do
25 2,000,000
20 1,200,000
(Bklvn)
bonds
1,C00
50
20
50
100
V-r.
100
4 Hoboken
Manhattan
lietropolltan
do
certiBcates
Mutual, N. T
do
bonds
Nassau. Brooklyn
do
scrip
1,000
25
Va.
New York
100
10
..
People's (Brooklyn)
do
do
do
do
bonds
1,000
certificates.
Central of New York
Wllllamsbnrr
do
Var.
315,000
1,850.000
750,000
4,000,000
2,500,000
1,000,000
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000
300,000
300,000
466,000
Var.
Var.
A.
bonds
l,0n0
f.«A.
J.
4
lat niortffHKe
& Seventh at.— St'k
1st mortuuf,'e
Brooklyn Olty— Stock
ist inortKSfjre
Broadway (Brooklynl— Stock ..
Brooklyn & Hunter's Pt.— St'k
bonds
100
1,000
luo
1,000
10
1,000
IOO
IOO
1,000
Bushwlck Av. (B'klyn)— Stock.
Central Pk. N. & B. niv^Stook
100
100
—
Consolidated mort. bti^s
1,000
Christopher A Tenth St. —Stock
100
Bonds
Dock E.B.& Butt ;ry— Stock
Dp
tmortKUKe. consolidated
Avenue— Stock
..
1,000
100
5004 c
Btfchth
Central Cross
100
Ferry— St'k
Town— Stock
mortKaKO
Houst.West St.4 Pav.K'y— St'k
Ist
1,000
100
1,000
100
1,000
1,000,000
A.4
1st uKirt gage
Third Avenue- Stock
1st mortgage
Twenty-third Street— Stock.
column shows
900,,000
694,,000
2,100,,000
1,500,,000
2,000,,000
300,,000
200,,000
400,,000
300.,000
500,,000
1,800,,000
1,200,,000
8.10,,010
•^50,,«00
1,200,,000
900,,000
1,000,,000
203,,000
748,,000
23B,,000
600,,000
200,,000
1,000
1.000
Consol. convertible
Extension.
Sixth Avenue— Stock
*lli»
Nov,
June,
Jan..
1397
Jau.,
Aug.,
1900
Jan.,
..
150,,000
1,050,,000
:oo4c. 200,1,000
IOO
750,,000
1,000
600,,000
100 2,000,,000
1,000 jfion,,000
100
600,,000
1.000
?50.,000
last>dlTl(lend
ou stookt,
t»it
Ja'i.,
188S
.(.
J,
J.
145
I.
4
J.
Ci-F.
M.4N.
Q-.I.
A. 4 0.
J.*
J.
J
J.
&
Q-J.
•1.4
1).
F.4 A.
4 J.
Q-F
J.
18
21
J'iy,190o: 98
Kil
Ju y. '"0 92U 98
'81
July.
103
103
May,
May,
J.
J.
.V1.4N.
l«tp..
M.4N.
A.4U.
M.4N.
M.4S.
M.4N.
J.&J.
Q-F.
j;4J.
F.4A.
M.* N
'80
65
75
100
1890
June,
July
A. 40.
'80 IBO
170
Nov., '80-102
110
July, '80 140 150
Apr., •sOi 93
100
102t< 103
1888
July. •SO 80
IOO
'Uly, •SO 95
100
De(;.l902 IW^S 112
Feb .J
May,
Apr.
,
VK
'SO 119
'93 110
'80 180
'81
'80
'93
N0Y.19M
100
170
110
25
•S?
Sept..^8,s
Clhiton
100
Golnmbla
Commercial
30
50
...
400,000
200,000
800,000
200,000
158,000
300,000
210.000
260,000
300,000
200,000
1,000,000
800,000
200,000
200,010
200,000
204,000
150,000
200,000
475,871
Bi,545
386,940
300,404
196,417
486,57V
10
20
20
20
20
Continental., t 100
40
Kagle
KmplreClty... 100
Kxciiange
30
50
Farragnt
17
Firenjen^s
Firemen's Tr ,, 10
FrankIln4Kmp 100
German-Amer, 100 1,000,000
50 1,000,000
(>ermauia
50
Globe
200,000
25
Greenwich
200,000
Guardian
100
200,000
Hamilton
15
190,000
Hanover
50
900,000
Hoffman
50
200,000
Home
100 3,000,000
25
Hope
190,000
Howard
50
500,000
Importer8'4 T.. 50
200,000
Irving
100
200,000
Jefferson
30
200,010
Kings Co.(Bkn) 20
150,000
Knickerbocker 40
280,000
L«l'ayette(Bkn) 50
150.000
100
Lamar.. .;
200,000
Lenox
25
150,000
LonKlsl.fBknjt 50
200,000
Lorillard
25
300,000
.ManuLA Build. 100
200,000
Manhattan
250,000
100
Mech.&Trad'rs" 25
200,000
Mech'lcs'(Bkn) 50
150,000
Mercantile..
200,000
50
Merchants'.,,.. 50
200,000
200,000
Mbntauk (Bkii) 50
Nassau f Bklyn) 90
200,000
National
371^ 200,000
210,000
N.Y. Equitable 39
200,000
New York Fire 100
200,000
N. Y. 4 Boston 100
300,000
New York City 100
600,000
Niagara
50
8.50,000
North Kiver...
25
200,000
Paclflc
29
200 000
Park
100
150,000
Peter Cooper..
20
200,000
People^s
50
Phenlx
50 1 ,000,000
200,000
Kellef
50
300,000
Kepnbllc
t 100
200,000
29
Kutgers'
200,000
Nicholas
25
St.
200,000
Standard
50
500,000
100
Star
200,000
Sterling
!00
200,000
Stnyvesant....
26
3(K),000
25
Tradesmen's...
250,000
United States.. 25
300,1100
IVestchester. .. 10
•290,000
50
Wllllarash'srC
.
. .
Over
all
Jan.,
luly,
•80.
'SU.
6
6
123
Dec,
•78.10
18
Feb., •BO. 8
uly, •80.10
July, •80.10
Feb., "80. 5
185
195
180
190
10
20
20
Bid. ASL.
Last Paid,
20
lOH
15
20
20
W-i
200
8:<»
117
123
,lan.. •80. 5
130
110
July, •77. 9
65
Jan., •80, «
103
115
12-50 13-40 13-65 July, •80.6-89 180
Apr., •80. -H 190
20
20
15
July, •80. 3K 89 ,100
14
10
10
feb., '80. 5
105
110
16
10
10
Jan,, 80. 7>i 120
138.8.33 15
15
19
68,836 12
10
8Hi July, 80, 3Ji 90
Jan.,
103
76,147 12
SO. 9
11
11
July, 80. 6
186,442
7
July,: 80. 9
lib
875,666 io
10
10
July, •SO. 9
137
752,7-i4 30
22
14
July, •80. 9
110
ii5
118,251 20
10
10
Jan., •SO. 7« 290
343,748 40
30
30
Jan.. •SO. 3), 60
70
22,91)8 10
7
7
luly,
180
•80.
l-»
120 806 20
9
17K 12« July,
170
'80. 6
10
685,945 10
20
Ian., •SO. 5
'so
90
54,536 10
10
10
Jan., •80. S
130
133
,320.785 10
10
10
4,089 18
10
3« Ian,, •79, 8>t 99
Julv, •80. 9
100
116,815 12
10
9
July, •80. 9
80 100
10
78,822 12
10
80
70
6,488 IS
10
8>» July, •80. 4
.Mar., •80 5
139
141
290,776 10
10
10
Ian,, '80.10
170
183,014!20
20
20
Jan., •80. 5
99
9
5
4,938!io
Jan., •80. 5
110
120
i34,«o:
14
1
Jan., •80. 6 100
109
97,680
10
10
Jan., '80. 9
85
90
31,104
10
10
July,
130
253,53a
•80. 5
16
13
July, •80. 4
To
•34,202
5
10
Jan., '80. 6
14b
182,808
12
12
"an., '80. 5
1(»
140,828 _„
10
10
Jan., '80. 6
150
160
20
238,166,30
20
Jan., 80. 7
150
163,396 20
20
20
July, 'SO. 5
73
36,832 10
10
10
Jan.,
120
'80. 6
1.59,762 20
13
18
Jan., •80. 6
115
10
12
109,951 18
Jan., 80, 7
155
160
20
147,011 20
20
Jan.,
100
109
•80. 6
10
10
101.513 14
July, '80 9
159
160
15
20
318,385 20
Fej., •80. 5 110
120
14
12
130,186 17
60
70
N'ne 5"
20.068
JUlyi '80. 3V<i
05
N'ne
1,086 lb"
Jn.y, 'SO. 7
140
5!'' ,458 12
12
11
ipl
110
'80. 4
10
8
108, '.48 11
.luly, '80.10
206
20
30
888,062 20
Juiy, 'se. 6
108
12
!2
88,737 20
Jan.. ',-0.10
180
•iO
20
180,043 'iO
July, •80. 5
105
113
12
12
103,738 18
Jan., '80. 5
1-M
130
10
13
467,0-6 20
75
85
10
Jan., '80. 5
10
43,577 10
-.3
5
8« Jan., 'SO. 3« 70
26,723 10
•20
160
150
20
J*n., '80.10
173,334 20
70
55
9
10,811 10
10
Feb., '80. 3
130
168.090 12-36 6-83
8-13 Ian., '80.6-23 125
109
102
121,581
July, •SO. 9
12
80
If" 8« Feb., '80. 3H 70
28,519 10
120
115
14
137,084 16
10
Ian., •80 5
106
!00
10
102,888 -20
July, •80. 5
1?5
120
12
215,455 18
July, •80. 5
110
10
121,502 10
Jan , •"SO. 5
203
20
.Ian , •80.10
443,895 30
163,12',l
17«
130,235
2,735
118,401
108,151
544,412
73,898
89,195
18
10-72 10
12
11
5
25
N'ne
18
lb"
,
mi
liabilities, Incl-adlng
re-lnsarance, capital and scrip.
t
Surplus
City Securities.
INTBBKBT.
t/tV) york:
1841-M.
Water stock
Croton waterstock..l!H5-51.
..lS5-i-«0.
do
do
Croton Aqued^ct8tock.l865.
pipes and mains.
do
reservoir bonds
Io
Improvement stock
do
cio
.
. .
1869
.18b9.
Consolidated bonds
Street imp. stock
var.
var.
do
do
Consolidated
Wpstrhestpr County
var.
New
Consc!l''atol
,
Asses ment
May Aag,4 Nov.
do
do
do
.
7
111,
100
105
do
do
do
[Quctations by N. T. B)1«es, Jr., Broker, 1
BrvuA.l1/n— Loci^i
Bid. As,
due.
1880
1880
1883-1890
1884-1811
1884-1800
May 4 November.
Feb., May, Aug.& Nov, 1907-1811
1S8S
do
()o
1S99
do
do
1801
May 4 November.
1S98
May 4 Novcnber. 1894-1897
1888
do
do
1880
do
do
1901
do
do
1888
do
do
1S82
do
do
1896
January 4 July,
1894
dn
do
IM^M
Qua-t-rly.
1884
May Oi Novenif)er.
Feb.,
Central Paik bonds.. 185S-S7.
..1853-65.
UD
do
1870,
Dock bonds
1:75.
do
1865-^.
Market stock
r'eui'l
City bonds
Jamary &
do
do
do
do
dc
do
do
P.-irkbonds
Water loan bonds
175
110
103
Bonds
Months Payable.
-yyaier loan.
30
IOO
IQnotatlons by Dahisl A. Uobak, Broker, 27 Pine Street.]
Brldgebonds
City bonus
New
July,
Io
Jo
do
do
do
do
May 4 November,
Kings Co. bonds
do
do
Park bonds
do
ao
January a July,
do
do
Brldg"
104
106
112
118
108
115
122
Ho
lis
107
113
115
107
102
101
106
lOU
,120
185
120
109
116
Vi5
116
120
1
108
115
116
lis
108
109
118
122
1-^3
107
103
109
103
St.]
1880-1883 !0'2t4
l8o3-188l 107
;915-19'24, 130
1800-19-^4 128
1004-1912! V29
1888-1902, 104
1881-1890, 1«)
1880-18831 106
1880-1S85I 114
119
1924
1907-1910 118
I
108
118
1S»
HO
131
116
112
111
lie
121
120
•All Brooklyn bonds flat.
101
65
wm
[Quotations by C. Zabriseie,
47
Montgomery
St.,
Jersey City.]
BTVi 100
V-ii 100
.Miiy, ^77 VIS
'
Illy, '90 110
115
•
'80 lao
173
July, '90 lo.iv 106
Feb.,'90'lI5
120
May
1
115
180
115
80
Julv, '84 88
July, •SO HO
Apr., '85 100
May,
Citizens'
Olty....
1877. 1878. 1879.
Includes scrip.
SC'Jan., 'fO
7
J.4D.
Q-J.
4
Bid.
Bro»dway.]
4 J.
Q-J.
J.4D.
29
17
20
70
1,
1880.«
.
.
Jan..
0.
100
250 ,0001
900
500,,000lJ *, J
100 1,199,,500 J.&J.
1st niortiraKO
Second Avenue— Stock
3d niortfcaKe
_Ut jnortgage
1H82
Feb.,
& J.
M.AN.
4 J.
'iob 11,500,0001
BIceeker St. & Fult. Ferry— St'k
Ist mortjtaKe
42d St. & (Snind St.
Ist mortKHtce
July,
.1.
[(jnot^Uons by H. L. Obamt. Broker.
.
July,
J.
2li
Brooklyn
•
130
65
105
7S
150
180
190
193
145
130
101
104
75
80
10:l
104
50
55
90
»3
xlOl 102
.39
45
98 100
75
85
50
60
70
75
100
lOi
60
65
170
180
105
110
70
80
June,
June,
Var
M.&N.
M.4N.
Bowery
Broaiway
100
70
.luije,
M. 4 S.
Quar.
F.& A.
+ 50
American
American Exch 100
DIVIDXNDS.
Snrplns,
Jan.
Pme Street.]
Amount
110
60
Feb.
J.
J.& J.
M.4S.
100 1,000,000 M. 4N.
100 1,500,000
750 000 M. 4N.
do
bonds
Fulton Mnnlclpal
1st mortgiiffe
May,
Feb;,
1888
&U.
50
F.4 A.
50 1,000,000 Quar.
Hetronolltan, Brooklyn
Municipal
Bruadviiiy
Date.
&moant. Period.
Brooklyn Qas Light Co
Harle m
Jersey City
Capital.
Par.
m
.Iul7. •80. sa
IJMO !,Al».80O J.AJ,
n
May, •81). Si, 114>«
MIS.O-X) M.AN.
111
.(uly. •80. 6
100 290,000 202,000 .>.« J.
Sowerj
IH
.luir. •81). 8
as 1,000,000 1,272.500 ,1.* J.
BrotdwiT
6
Juy, •80. 3H
«'i.7.)0 J.AJ.
Botob«n'« Dr. 8S 800,000
7
.l=lv. •80. 4
100 2,000,000 l:<4,80i) J. A J.
C«atral
a Mar., •80. 3
100 SOO.OOO
74.100
Ctaue
« Jn y. •81). »
25 490,000 18»,W0 J.* J.
CtMibtm
l(K)
.Inly. •80.19
100 !IOO,000 3,8l»l iOO Hlm'ly 100
Chemical
6 .Inly, •80. an
6
000,000
176.400
CItlteU'
10
M<V. 80.10 205
100 1,000,000 I,4»S,''(J0
10
M.4K.
City.
"""
.* J
H .luly. •tO. 4 138
8
Comlneree ... 100 ».000,000
1,000,000
„ ,.4 J.
Coailaenial...
3K Ju y. •80. an
Fe'o •W). 5
III
Obrh Bxch'ge* ioo 1,000,000 «22,600 F.*A. 'io
July, •so. 3J<
70.800 •J. 4 J
KucSlrer .. 2S 280,000
16,-.l)0 .1.*.!.
.luly •76. 3
nth WaW... 29 100,000
« Jan., •60. 3
100
190,000
4rf3<)0 .1. 4 i.
F'ltth
Fifth ATenae* too 100,000 2-iB.lOO
310
Apr., •80. 6
ISO
100 500,000 2.1 84.700
ririt
6 .luly. 80. 3W
100 S,ltOO.OOu l.ctii an; J 74 J.
Fourth
115>i
7 May, IsO. 3M
ao 600,000
M.4N.
FiUt»o
4 isr
81) 1,000.000
754,UUII A. 4
eallatln
7H Apf., •80.
80.
Feb.,
1^
750,00(1
81300 ir.4A
2H
Gefinan jlij.'
2W
5 May, •80. 5
6OJ^0:)
Oerman Kzch. 100 200,000
May.
Mav, •80. 3
H
100 200,000
»r,20o
Germania*
H Mav, '80. 3
26 200,000
e
17.10U U.4N
Oreenwlch*
luiy. •80. SH
7
7
Hanover. ...... 100 1,000.000 28»,0';') 1.4 J
14
14 July, •80. 7
Imp. A Traders' 100 l.SOO.OO •J.ooujjoo J. 4 J
19-i.8')0 .1.4.1.
8 July, •80. 4
00 500,00
8
Irving
Ju,y •80. 3
3
7,500 J. 4 J.
Island City... 50 100,000
M luly. '80. 9
JLieatherManuf. 100 600.000 441.800 J.4J. 11
7 Feb., '80. an
8
Manhattan*
50 2,050,000 :.iai.8.io F.4A
'Uly, •so. ax
8
)i7.80O ,1.4 J.
Marine
100 400,000
4
Market
100 600,000 2WS.000 ,1.4 J. "l
7H July, 80.
8
8 July. '80. 4 142
MeehanlCB'
25 2,000,000 i,0'J8,ioa J. 4 J.
7il.40U M.4N.
1
May, '80. 2U
Mech. Assoc'n.
2
500,000
Mech'lcs A Tr. .„
41,«00
2*, July, '7». 2>i lOO
26 200,000
3
May, '7B. 3
Mercantile
too 1,000,000 188,100 M.4N. 'e
85
Merchants*. ... 90 2,000,000 710,500 J 4 J
314
6H 7 luly. •rt)
Merchants' Ex.
17(1.100 .J. 4 J
July, •80.3
,000,000
S**
41.fl00 .1.4 J.
Metropulls*.
V July, •SO. an
300,000
.„„
Metropolitan.. 100 8,000,000 1,231,>!00 .(
.1
u July, •M). 6
Murray HlU"
12
100,000
77.8;o J. 4 J.
July, •80. 3
Jt)a*ni<.i*
»
1,000,000
60,70«
May. '80. 3
Sew"Vor«
8 J'aly, 80. 4
2,000,000 802.101) J. 4 J.
a. T. County..
H
47,'JOO 1.4.1.
.lau.. 80. 4
200,000
». r. N. i'xch
88 600 F.&A.
300,000
Vi, Feb.. 80. 3U
Mlitni
750,000 149.700 J. 4 J.
5
July, 80. 3«
"00,000
No. America*.
166.900 1 4 J
uly. 80. 3
North Klver'.
»s.6CO J. 4.J.
240,000
7 July, 80. 3.L4
Oriental"
300,000 183,100 J. 4 J
8
Ju-y, •80. 4
etisltte422,700 22c(,500 Q—F
10
May, 80. 2W
Fark
H
531.300 .):4 J.
•July, •80. 4
2,000,000
People's* ....
7 Julv, 80. 3!<
1110.400 J. 4 J.
412,500
Ph^nU
218,600 J. 4 J.
3 July, 80. 8
1,000.000
Proaiice'
'Uly, •74. 3H
im,H('0
Republic
714.000 F.'4A.
1,SOO,00(J
«H Feb., •80. 4
St. .><lcholi(s...
3 •luy. 'SO. 3«
600,000 135 600
Seventh tuard
98,b00 J. 4 J.
3
300,000
Jan.. '8'!. 3
Second
B
123 500 1.4.1.
8
800,000
July, •80. 5
Shoe A lueather
500,000 173.200 J. 4 J. 10
loly. •80. 4
Sl^th
40.300 J. 4 J
6
»
200.000
,lan., '80 3
State Of N. Y. .— SOO.OOO 273,500 .'kl.4.N
7
7
May,' •SO. 3H
Th'5*
IW.OOO J. 4,1.
100 1,?0»,000
.luly. '80. S}4
8
Traflesmen's.
278.100 J. 4 J.
7 luly. •80. 3^
40)1,000,000
UiUon...
50 1,200,000 711,100 M.4N. 10
8
M«y. •80. 5 140
West Side'.... 100 200,000 12l),»u0 J. 4 J.
12
Jan., •80. 6
CUlieM^GasCo
Net
Bid. Ask
OotkrtniMt.
100
Amertc*'
Am. Exchange. 100
XXXI.
,
I
11'3
the d&te of maturity ot bmcU.
Jeruv Mil/—
Watei loan .long
188S-71
-to
Improvement
Bergen bonds
bon<ls
l8e3-«9.
January 4 July.
January 4 Juiy.
J.4 J.and J 4 O,
January and July,
1895
1809-1902
1895-94
1900
101
102
1"8
105
109
106
100
LOl
—
'
THE CHRONICLR
Jdi.t 10, 1080.J
BiulcluR fluid,
"
%nvit5Uxxtnts
"
1T4TK, CIT? ANn CORPORATION FINANCES,
Still oiitHtuiuIinK
Ham.
&
«73
Dayton.... (V.
Colora. Coal & Iron Co.[V.
Detroit &Biitlor
[V.
Flint & Fere Marquette. [V.
Clii.
&.
Hminibal 4 St. Joseph
Houston & Te.vas Cent.
(iti7
075
[V. 30] 675.
Head
Atchigon To|»pka
67S
20
N.AII>.&Chle...[V. 30] 675
20
<lulncy Missouri
Wal). St.L.& Pao
Western Union Telegraph
AMMOAJU REPOKTS.
Snnte Fe.— This
railr.;ad
company
ha.s
& Ohio.—The
English Bondholders'
Committee has issued a circular, which gives the following
statement of bonds and coupons deposited
:
Bouds deposited with English Comnjlttee
Matured coupons deiwsiteil with Kngllsh Coniiutttee
Unmatured coupons deposited wltli Eu)tll»h Committee
21
21
30) 675
21
21
&
Atlantic Mississippi
'i
W. & Chic. .[V. 30] '674
Portland & Ogdensburg
21
Pitts. Ft.
& Pacific
St. P. Mluncap. & Man
20 Texas* Pacific
[V.
30] G75
30] G73
(V. 30]
lake Shore & Michigan So
I>oiii8v.
30]
30]
<fc
'
issued circulars offering to exchange its own stock for stoew of
the Florence El Dorado & Walnut Valley, and Pleasant Hill
& De Soto branches, on the basis of one share of its stock for
ten shares of the Florence El Dorado & Walnut Valley, aod one
share of Atchison for two ot the Pleasant Hill & De &3to
The
stock of the Pleasant Hill- & De Soto Railroad Company
amounts to $450,000, and of the Florence El Dorado & Walnut
Valley to $450,000. It may be necessary to issue $170,000 mor»
of Atchison stcck.
|
Pennsylvania KR.
Philndelpliia
S573 000
$1,046,600
W
20
,
G-BNERAXi IKHTESTMENT NEWS.
:
.SO] (i74
9!i,528.i;05
8lx per cent (fold boudii, aioojint l<i«ued.$l,ili',6o6
Less canceled
38.0OO
The following is an index to all reports and items heretofore
published in the Investment Department of the Cheosicle
since the last issue of the I.vvestob's Supplembstt ; annual
reports are indexed in black-faced type
Aiithraeitc Coal Fields. (V. 30] 674 nilchlgau Central
20
AiiiliraciteCoal Trade
20
Atlantic Miss. & Ohio
20 Nujihv. Chat. & St. L...(V. 30] 675
N. Y. Kostoii & Albany
20
Boston Hoosac Tunnel* Alb.. 20 N. Y. Lake £. *
20
Brooklyn <fcMoutauk...[V. 30J 074 N. Y. West Shore &CUlo.[V.301 (>75
Central Iowa
20 Ohio & Mississippi.. [V. 30) 675, 20
C'lifsap. &l>eia. Canal.. [V. 30] 074
Oweusboro a, Nash
V. 30] 67,5
N<iitlnveHt...|V.
29,'2()S— ij«i34,997
.'.V.'.'
SOOO.OOO
27 000
LesH cuiieelcd
INDEX SINCE JUNK SUPPLEMENT.
A
$378,8.>it
2'2ti H.'ty
Cautou Co. sterllnx bouiU
Cniitoii Co. Hterltng Ijond*
of Railroads and other companies. It is published on the last
Saturday of every other month— viz., February, April, June,
August, October and December, and furnished without extra
charge to all regular subscribers of the Chrosicle. Single
copies are sold at $2 per copy.
Chic. St. P.M.&0...(V. :10] 67r).
CIilo. K.I.
Pac
(V. 30]
iHtmorttdiKeUiiluuKaUnaBiCo
^*^
lAabilititt—
The iNVESTOiw' Supplement contAina a complete exhibit of the
Funded Debt of States and Cities, and of the Stocks and Bonds
CUicaco
43
;
Total
$3,105 000
l 141*227
4,673^5
$8,910,252
The total amount of consolidated bonds issued is $5,470,000,
whereof $3,105,000 have been deposited with the English
Committee and .$2,182,000 with the Amsterdam Committee,
leaving only $183,000 not deposited.
The committee then gives a brief history of the legal proceedings, from which the following is condensed: " Many e£^rts
have been made on behalf of the holders of various unsecured
claims, amounting to over $267,000, to have their claims reoognized by the Court
but they have all been succeasfully
Canton Company of Baltimore.
(For the year ending May 81, 1880.)
The annual report of W. B. Brooks, Rsq., President, says:
President Harrison in his Union Kailroad report of
1879
asserted, 'that as terminal facilities have been provided
;
at resisted.
May 9, 1879, the decree for the sale of the railroad
Canton,^ a steaijy increase in the revenue of the railroad
has was entered.
This decree ordered the property to be sold as
been the result.' In this connection it may be interesting
to
an entirety, subject to the divisional liens, and provided
review what has been done in .these specialties since
January, that
the State and railroad company should have until the
1878.
"The Northern Central Railway Company, at their wharf second Tuesday in January, 1880, during which time they
might redeem the property.
near the foot of Sixth Avenue, have erected a bulkhead
along
"After January 13, 1880, no tender of the amount due being
their water front; from this bulkhead a steamship
pier 500
made by either party, the decree was modified by an order to
feet in length by 70 feet in width covered with an iron
shed
make the bonds as well as the overdue coupons receivable in
the pier extending to the Port Warden's line. This pier
is
payment for the property. The State of Virginia appealed
located 150 feet south of the elevator pier, and has all
the
against the decree, but the counsel of the Trustees advise that
requisite tracks and appurtenances for doing
a steamship
^ such appeal cannot stay the sale. Mr. Pleasants, the Clerk
business.
of
the United States District Court, has been appointed the Master
" The freight sheds, formerly located on the
elevator pier,
have been removed to the vicinity of the tracks and are used to sell the property, and the advertisement ©f the sale can be
published as soon as prepared, and the sale can take place
for the delivery of local freight.
ninety da.ys after its publication." The payment of coupons is
" Between the bulkhead and Clinton Street they
have erected
a one-story tobacco warehouse, 274 feet in length by 64 feet in based on the following statement of revenue.
width, built in the most substantial manner upon
6ro88
WoH-lng
Ktt
stone foundaretenue.
erptnati.
retctiue
with corrugated iron, and has a capacity of
f°''«r«<^
Julyl, 1876, to June 30, 1877
o
r^'
$1,740,838
$1,041,733
$aa9,104
2,500 hogsheads. They have also built stock yards
east of July 1, 1877, to June 30, 1878
1,781,710
1,074,745
706,904
t^iinton Street, with ample capacity for
1,672,131
882,973
400 head of cattle. And July 1, 1878, to June 30, 1879
789,158
are now engaged in building another steamship
pier 500 feet
Total for three years
$5,1 94.680 $2,999,452 $2,195,228
long by 120 feet wide. These improvements
have demanded a July 1. 1879, to April .30,1880
1,671,471
72»,064
946,40*
large amount of additional tracks, which, with
the required May 1, 1880, to June 30, 1880
ottces and appurtenances, give them
(estimated same as last year)
233,225
138,415
94,800
improved facilities
,
for
transacting their daily-increasing business.
"The storage capacity of the three existing elevators
at
Canton have several times within the past year
proved totally
inadequate to accommodate the demand upon
them. When
they are full, grain on the road, destined for Canton,
has to be
sent elsewhere. Thus the legitimate
business is interrupted,
to be resumed only when shippers are
well assured that there
18 again storage room, and it is patent to
the most casual observer that If the elevators were increa.sed to double
the extent
ot tne present combined storage
capacity they would still be
insuthcient to accommodate the grain seeking
the natural advantages of Canton as a shipping point.
grading proposed in our last report along the line of
has been but partially accomplished, the
dfemand from other portions of Canton property for
immediate
oeeupation making such improvements imperative.
But the
work oa Eastern Avenue wUl be prosecuted as
opportunity
B-l?^® Avenue
^ern
^^^''^ ,'? * present demand for several new piers
and extension ot old ones, to accommodate the
increa.sing busines of
parties occupj4ng portions of Canton water
fronts.
The outlay
tor these improvements commend themselves
to your directors,
be
entertained
upon
the
theory that parties
^1,"^
H^«iin
desinng them shall,
each case, contribute in additional rent,
^j?^j^^«dequate to meet the contingencies of interest and
.
m
Ataet
Stock
BALANCE SHKET, MAY
Total for four years
$7,089,377
$a«3,480 $1,041,215
2,195,223
2.099,4.52
$3,862,932
$3,236,443
Expenditures for extraordinary renewals and new construction
have been $752,841 from July 1, 1876, to June 30, 1879, and
$140,378 for the current year (June estimated), a total since
July 1, 1876, of $893,220. The annual interest on the divisional,
or prior, securities, as recognized by the decree, is $375,498; but
these securities could probably be funded, after the pureha.se of
the property, at 6 per cent interest, and the annual interest
charge would be, in that case, $314,140. Deducting this latter
charge from the average annual net revenue for the four completed years of the receivership, there would remain a balance of
$494,970. Deducting the same from the present year's net revenue, there would remain $727,075. For the purpose, however,
of accurately estimating the net amount which may be distributed among the consolidated bondholders, deductions should
be madel for necessary improvements until the property is
placed in first-class condition. Deducting for such improvements the annual sum of $230,000 up to April 1, 1884, there
would remain on the basis of the average of the four receivers
years a net amount for distribution per annum of $264,970
about 4'85 per cent; or, calculating on the basis of the receipts
of the present year, there would remain $497,075 about 9 per
—
31, 1880.
Union Railroad Company
0.04
nna
''*"*'*^
Due by Union Railroad Co. for land purchases'."
"$266"6o6
'"'""'
588,836
388,8.36Personal accounts eoUectable
Stock in Chemical Company .:
\l'Xmi.
Annuities, value » 6 per cent. .
rlSoVJi
Ualauce in bank
.„"... ............'.".."..
37'202
!
i
" When the receivers took possession, the liabilities, including back wages, division interest, back taxes, and all other
secured debts (exclusive of overdue interest on consolidated
bonds), amounted to $1,156,211. This sum has been since increased by the maturity of Atlantic Mi».sissippi & Ohio notes
fiven prior to the receivership for back divisional interest,
134,584 total. $1,290,795. This debt has been now practically
liquidated or funded. The overdue divisional securities of
Tarious classes have been nearly all— with the consent of their
;
i
.
91,893,208
$1,904,096
cent.
In
! ! ! i ! ! ! ! ! i
Total for 1879-80
Add results forprevious three years. 5,194,6«0
I
—
THE (CHRONICLE.
44
owners, extended for ten years, with the option to the owners,
at any
for the time being, of the railroad of paving them off
They amount to $605,584 of which ?562,554 have been
time
otherliaDO extended, leaving only $43,030 unextended. The
earnings
bilities have all been extinguished either out of the
the diviof the railroad or by the sale, on favorable terms, of
then,
sional securities which were held as collaterals. Since
however, the following divisional securities have matured Virginia & Tennessee 8 per cent registered certificates, due Jan. 1,
additional
1880, $84,190, and on July 1, 1880, the following
Virginia & Tennessee interest
divisional se<!uritie8 will mature
funding bonds, 8 per cent, $200,900.
"The negotiations for arrangements with western connections for protecting the through traffic, in view of adverse
combinations and competitive lines, were diligently prosecuted,
and would probably before this time have resulted in a formal
agreement to be submitted to the bondholders but for two
causes. There was temporary dissension in this country, now entirely obviated, and there were prolonged negi^tiations, now happily consummated, for a fusion of the English and Amsterdam
These negotiations with western connections,
Committees.
thus unavoidably retarded, comprised:
"1. A guarantee by the united Atlantic Mississippi & Ohio
and East Tennessee Virginia & Georgia Railroad companies of
the interest on the reorganization bonds representing the principal of the consolidated bonds.
" 2. A united management, with a considerable saving in expenses.
" 3. A grant to the East Tennessee Virginia & Georgia Railroad Company, by way of an equivalent for their guarantee, of
an amount of income bonds ana stock equal to those proposed
to be issued to the consolidated bondholders.
" The negotiations thus arrested may now, in the opinion of
the committee, be resumed with greater efficiency and more
probability of a successful result by the action of the Purchasing Committee, which will, with the sanction of the meeting on the 18th instant, jointly represent the English and Dutch
bondholders.
" Since the organization of an independent committee of
bondholders in Holland, this committee has at all times been
anxious to bring about a fusion of interests, knowing that such
fnsion, if effected, would at the same time save expense and
expedite the foreclosure proceedings; and the committee is glad
to be able at length to inform the bondholders that an agreement has been entered into with the Amsterdam Committee,
subject to the approval of the bondholders of both committees,
on the following basis:
" 1. That the amended reorganization scheme is the joint
scheme of both committees.
" 2. Tliat a joint Purchasing Committee is agreed upon.
" 3. That the original English and Amsterdam committees,
who have received the securities on deposit, will retain control
over them until they have obtained and re-distributed to their
certificate-holders, respectively, the new securities intended to
;
:
:
.
be iiwued.
" Under the
amended scheme
of reorganization the following
securities will be issued to the bond and coupon holders,
subject to deductions for any dividends paid meanwhile: For
each $1,000 bond, with all coupons from October 1, 1875, inclusive, $1,000 reorganization mortgage bond, $897 reorganization income mortgage bond, $100 stock. For all detached overdue coupons an equal amount at par of income mortgage
bonds."
Atlantic
matter, to take steps to open books for the transfer of the
stock, and otherwise to act as in their judgment was for the
best interests of the stockholders, and to report the action
taken at a public meeting to be held on Monday next, July 12,
at noon. The resolution was adopted, and the President appointed as such committee William Cooper, John O'Brien (of
W. & J. O'Brien), W. S. Nichols of Wall Street, Henry Earle,
Samuel Schaffer, George E. Harrington and Delorme Knowlton.
Brooklyn Elevated Railroad.— Meyer Feuchtwanger has
commenced an injunction suit against the Brooklyn Elevated IJailroad Company and the Farmers' Loan & Trust Company, and obtained from Judge Donahue, in the Supreme
Court, an injunction order restraining the company from
issuing, procuring to be certified, or delivering any bond or
bonds for money procured or contracts made for the sale of
bonds since the making of a contract with plaintiff on January
1880. In his complaint he alleges that he was induced to purchase ten ?1,000 bonds of the railway company for $-^,000, for
which he received a certificate for the bonds which were to be
issued on September 1, 1879, and which were to be delivered
within three months thereafter, on the surrender of the certifiHe paid the money, as he claims, but has never received
cate.
the bonds, and alleges that the company have borrowed moner
on the bonds they agreed to issue, and have contracted to sell
nearly $200,000 more of bonds to other persons, and he believes
that if not restrained they will disable themselves from procuring from the Farmers' Loan & Trust Company the certificate
necessary to make the bonds good.
Chicago & Iowa. The rival claimants for the possession of
this road have its affairs now in a somewhat complicated conAs already noted the United States Circuit Court
dition.
ordered the Receiver to turn over the road to the Aurora board.
The Hinckley party, however, begun to sue out a quo warranto
against the Aurora party, and the Illinois Circuit Court appointed the receiver just discharged by the Federal Court to
fake charge of the road pending a decision in the new suit.
Later, the Aurora party applied to the United States Court for
an order to attach the receiver for contempt, and the motion
was to be argued this week. R. B. Qmette.
1,
—
Chicago Milwaukee & St. Paul— Mineral Point.— At
111., July 6, it was reported that the Chicago Milwaukee
& St. Paul Railroad Company had purchased the Mineral Point
Railway and its rolling stock, and that the transfer had been
perfected. The sale was not to include the Calamine & PlatteIt was also announced that
ville Branch of the Mineral Point.
the Chicago Milwaukee & St. Paul would at once extend their
Galena,
new road to Dodgeville.
Delaware & Hudson Canal Company.
Sf
North Carolina.
—This
company Owns a
month
Ncteamlnes
Judgments, debt duo United States, Ac
Coupons
Taxed, &c
Rebuilding wharf destroyed by storm at Moreliead City.
Earnings.
$92,271
84,473
130,308
37,238
& Susqnehanna
Kensselaer
& Saratoga
New York & Canada
Totals
Pennsylvania Division
Albany
<fe
Siisquehanua.
Rensselaer & Saratoga
New Yorlc & Canada
. . .
Set,
$42,627
24,581
35,673
11,171
$49,616
59,891
94,634
26,066
$114,054
$344,293
$230,239
Net
1880.
1880.
Increase.
Net.
Earnings. Expenses.
*$5,012
$91,37:i
$53,757
$37,614
9,472
109,405
75,352
34,053
11,036
47,610
141,391
94,381
6,342
17,5 13
53,482
35,969
$395,652
Totals
1879.
Expenses.
$259,460
$22,137
$136,191
Decrease.
»
Denver & Rio Grande.—The following
additional details
were given in this company's statement, submitted to the New
York Stock Exchange when the committee placed on the regu-
and the $8,475,000 first consolidated
mortgage bonds of the company. The length of completed
lar list the $16,000,000 stock
road in operation is as follows
From Denver to Elraoro and Alamosa
Branch to Elmoro Colliery
From Pueblo to Canyon City and collieries (Arkansas Valley
$5,250
11,320
3,289
3,999
Miles.
:
23,859
Balance
:
1879.
line
$32,091
of May, 1880
Pennsylvania Division
A
City, N. C, to Goldsboro, 95 miles.
controlling interest is held by the State of North Carolina. The
following statement for the year ending May 31 was made at
the recent annual meeting:
Gross e.ii'nlngs
$94,114
Expenses
62^022
from Morehead
—
The following is a
comparative statement of business of the railroads owned and
leased by the Delaware & Hudson Canal Company during the
Albany
new
[Vou XXXI.
291
3
44
Division)
337
Total in operation
$8,232
Boston & Albany— Springfield & Northeastern.— A special In course of construction, of which 100 miles are completed
565
and in operation, commencinK May 15, 1880
meeting of the stockholders of the Boston & Albany Railroad First
consolidated mortgage tjonda authorized
$30,000,000
was held to see if the stockholders would approve of the pur- Capital stock, in shares of $1 00 each, amount authorised. 30,000,00V
8,500,000
chase of the Springfield & Northeastern Railroad, and approve Stock issued on account of completed road
7,500,000
of a lease of the Spencer Railroad.
Mr. Rumrill gave a Stock issued ou road under construction
description of the Springfield & Northeastern road, its tmancial
Total stock issued
$16,000,000
. .
:
status, yearly earnings, etc. The earnings for the present
year are estimated at $100,000, and perhaps more. The road is
out of debt. The amount proposed to be paid for the property
is $450,000, with interest at six per cent from July 1, 1879, after
de<lucting all sums paid since' that time as dividends and
interest.
The purchase and the lease were both approved.
Boston Hartford & Erie.—The New York Time^' report says
that about forty persons, claiming to be interested as stockholders in the old Boston Hartford
Erie Railroad Co., met.
July 8, in the office of Mr. John Rooney, No. 3 Pine Street. Mr!
Rooney claims to be the President of the company. In calling
the meeting to order, he told the gentlemen present that they
»nd others who, though not present, were co-operating with
them, had been deprived of their property in the railroad by
fraud and collusion such as had never been known in this or
any other country, or in the affairs of any other railroad corporation.
Mr. William Cooper offered a resolution calling for the
appointment of a committee to act with the President in this
&
mortgage 7 per cent bonds, covering (by a first lien)
291 miles from Denver to Elmoro and Alamosa
mortgage seven per cent bonds, "Arkansas Valley
Division,"' covering (by a first lien) the Arkansas Valley
Division of 43 miles between Pueblo and Canyon City
First
6,382,500
First
1
,040,000
•
Total
$7,422,500
First consolidated mortgage bonds to be issued to lift the
outstanding bonds as above
7,422,500
And in aid of the construction of the future extensions of
the road, of not less than 1,450 miles
22,577,800
Total
The amount
mortgage
to be issued on all
to $15,000 per mile.
new road
is
$30,000,000
limited by the
Application is now made to list these bonds to the amount of. $8,475,000
In $1,<X)0 each, numbered 1 to 8,07.'>; $500 each, numbered 1 to 800.
this auiouut there have been issued and are now outstanding
$3,500,000
The rem«iuiug bonds are to bo issued at a rate not exceeding
$850,000 per month from and after June 1
4,975,000
Of
Total
$3,475,000
July
:
:
.
THE CHRONICLE.
10, 1880.]
The company has no floating debt except current construction accounts and $109,200 in coupon certificates appertaining'
to the bonds of the Arkansas Vallw Division, which it is
The receivership, which
designed to pay oif this summer.
;
45
The expenses in 1879 were 59 9-10 per cent.
Interest on bonds is at the rate of i^ per cent to September,
1882j thereafter 6 per cent. After September, 1882, the interest will be increased 1}^ per cent on $13,394,000. amountintr to
*
$200,910.
The road will therefore earn, the current 'year, more than 8
per cent interest on the debt.
arose out of the controversy with the Atchison Topeka & Santa
Fe Railroad Company, has been terminated by decree at Washington, March 27, 1880, signed by Justice Miller, who likewise
decreed the Grand Canyon of the Arkansas and the entire disETansville & Terre Haute.— A despatch from BvansTille,
puted line to Leadville to belong to the Denver & Rio Grande
Ind., July 6, says: The Evansrille & Terre llauto Railroad toRailway Company, which is now in possession of the same. All
day filed their first mortgage bond to the amount of $1,500,000
litigation ana controversies are now settled between the two
in the County Recorder's office. The Farmers' Loan & Trost
companies.
Company, of New York, and J. M. Shackleford, of this city,
Denver South Park & Paciftc—The following is from an mor^agee in trust, will negotiate for the new bonds.
official statement of the affairs of
this company
It was
Galreston Houston & Henderson.— Default was made July
ohartered June 14, 1874, under the laws of the then Territory
of Colorado, anthorized to construct and operate a narrow- 1 on the first mortgage bonds of this company, which nsnaUj
paid
interest through Messrs. F. P. James & Co., No. 40 Wall
jrauge railroad from the City of Denver by the South Park and
the Valley of the Arkansas to Southwestern Colorado and the Street. The bonds on which default was made are the $1,500,Pacific Ocean, with various branches. The following is now in 000 first mortgage 7 per cent gold bonds issued December, 1871,
operation Main line, Denver to Buena Vista, 135"1 miles; Gun- and due in 1902. The default appears to be a very disgracenison Extension to Hortense, 6 miles ; 141"1 miles. Branches- ful one, as the road report net earnings about double the
Bear Creek Junction to Morrison, 8'8 miles Como to upper coal amount necessary to pay its interest. Bondholders will probamine (toward Breckenridge), 1 mile ; Como, south to lower coal bly do well to take steps without delay to employ able coonael
mine, 3 miles ; total, 12'8 miles ; total owned and operated, and protect their interests.
153-9 miles. Side track, 1303 miles. Gauge, 3 feet. The
Gray ville & Mattoon.
This road was sold, July 2, under
extension of the main line to Gunnison City, a distance of 58 decree of the United States Court to
Cummins, of Chimiles beyond the end of track at Hortense, is now mostly cago, for $600,000, of which $10,000 was paid
in cash, $180,000
under contract for completion in November next, or as soon in receiver's certificates, and the rest in a mortgage
of the road.
thereafter as practicable. Trackage has been leased to the
Denver & Rio Grande Railway Company over this extension at
Louisville & NashylUe.—The operations of the Louisville &
a rental equal to 8 per cent per annum upon one-half its cost, Nashville Railroad Company for its fiscal year ending June 30
in addition to one half of its maintenance. Under the same are given below
contract the Denver & Rio Grande Railway Company has Gross earnings
$7,299,000
extended its line to Leadville from its intersection with the Operating exiicnses..
4,132,000
Denver South Park & Pacific Railroad at Chalk Creek, and
Net earnings
„... $3,167,000
leased to it upon the same terms, equal rights in perpetuity. Interest on bonded debt
2,076,000
The same agreement between these two companies provide.s
Leaving
for the poolmg of all the receipts derived by them from the
$1,091,000
business of their roads on the joint trackage from Denver and or $11,000 more than 12 per cent on the capital stock for the
Pueblo.
year. From this was paid in February last a dividend of 3 per
The road has been constructed by the parties who own it, cent, and the board has this day declared a dividend of 5 per
nearly all citizens of Denver, and is reported to be one of tho cent, payable August 2, leaving 4 per cent to credit of sinking
most substantially built and best equipped in the country. fund and surplus accounts.
On the construction and equipment of the 150 miles now operThe following is a comparative statement for the years endated the stockholders have expended in cash $2,550,000. This ing June 30, 1879 and 1880, of the Louisville & Nashville Railroad and branches Nashville & Decatur and South & North
150 miles is bonded for only ^1,800,000.
The railroad company owns 87 >6 per cent of the stock of the Alabama Railroads and Evansville Henderson & Nashville
South Park Coal Company, which has 2,000 acres of coal land Division, from August 1, 1879, to June 30, 1880
at or near Como, in the South Park, about half way between
Oro88
Operating
Ifet
earnings.
expenses.
earnings.
Denver and Leadville, on which are two well-opened mines.
Interett,
Year
ending
June
The capital stock authorized is $5,000,000, on which there
30. 1879
$5,387,600
$3,155,800
$2,231,800
$1,886,000
has been issued on 150 miles of completed road, $3,500,000. Year ending June
All further issues of stock are to be limited to the rate of
30,1880
6,249,000
3,416,000
2,833,000
1,881,00»
$20,000 per mile of completed extension and branches. The
Inc. year ending
first mortgage bonds to be issued are 12,500,000, of which
June 30. 1880.. $861,400
there
$260,200
$601,200 Dec. $5,000
have been issued, at the limited rate of $12,000 per mile of com- E. H. & N. for 11
montlia
618,000
429,000
219,000
120,000
Sleted road in actual operation, $1,800,000.
Bonds dated
igust 1, 1876, principal and interest payable in United States Increase inolud'g
gold coin of or equal to the present standard and free from
E. H. &N. Div. $1,509,400
$689,200
$820,200
$115,000
United States taxes. Principal payable in the city of New York,
Metropolitan Glerated. At the annual meeting the former
May 1, 1905. Interest payable May 1 and November 1, at the
with one exception, were re-elected, Mortimer Ward
rate (^ 7 per cent per annum, at the agency of the company in directors,
New York, London or Frankfort-on-Main, at the option of the being chosen to take the place of F. Mera. The board is confollows William B. Garrison, John Baird, Jose F.
holder. Bonds $1,000 each, numbered from 1 to 2,500, inclu- stituted as
de Navarro, William Foster, Jr., George M. Pullman, Horace
sive, with provision for their registration, and secured
by a first
mortgage upon its line of road from Denver to the extent of Porter, John P. Kennedy, William Adams, Jr., George J. For2w 1-3 miles, its equipment, depots, shops, franchise and rest, Charles H. Clayton and Mortimer Ward.
New York City. By the assessors returns the increase in
other property. A sinking fund of 1% per cent per annum
on
the valuation of real estate for this year is $24,437,310. This
the amount of bonds outstanding is applicable, after August
1.
1886, to the amount of bonds by annual drawings for their increase is mainly due to the fact that that the value of propredemption at par and accrued interest. Farmer's Loan & erty on the upper end of Manhattan Island has nearly doubled.
Irast Company of New York, trustees. The company has no The increase in the First Ward has been $966,800; in the
other bonded debt, and is substantially free from floating debt Twelfth Ward, $6,936,185; in the Eighteenth Ward, $1,267,650;
in the Nineteenth Ward, $9,263,220; in the Twenty-second
Earnings for the year ending June' 1, 1880, were $1,659,764
Ward, $1,678,620. The increase in valuation of personal estate
etPMses, $560,934 net earnings, $1,098,829.
property has been $25,259,082, and this is said to be mainly due
Officers— President, John Evans First Vice-President, W.
S,
Cheeseman Second Vice-President, C. W. Fisher; Secretary to the efi'orts of the Commissioners of Taxes and assessments, to
Ueorge W. Kassler ; Secretary pro tern., h. H. Eicholtz!; Treas- compel corporations and individuals to pay the proper tax.
«rer. C. B. Kountze ; Auditor, Charles Wheeler.
North Carolina State Bonds. The new consolidated 4 per
Trustees—John Evans, W. 8. Cheeseman, C. W. Fisher, J cent bonds have been admitted to the New York Stock ExSidney Brown, D. H. MoflFatt, Jr., C. B. Kountze and H
change. The following statement was made " The State o£
Smith, of Denver, Col.; Jay Gould and Russell Sage, of New North
Carolina is now issuing its bonds, having upon their face
York.
'
The Consolidated Debt of the State,' in pursuance of an act
Eastern, Mass.—The following favorable report and esti- entitled an act to compromise, commute and settle the State
mates are made by parties interested in this company
debt, ratiHed March 4, 1879. They are in sums of $1,000, $500,
Gross earnings Sept. 30, 1979, to April 30, 1880 (7 months)
$100 and $50, each denomination numbered from 1 upwards
$1,517
197
Gross earnings Sept. 30, 1878, to AprU 30, 1879
i:302|.566 dated July 1, 1880, payable July 1. 1910, bearing interest from
their date at four per cent per annum ; coupons payable JanuIncrease in seven montlis (about 19 per cent)
$244 631 ary and July,
at the office of the Treasurer ; receivable at and
AOdfor 1880, 19 per cent increaso
472,335 after maturity for any and all State taxes. The act provides
that they shall be exchanged for the principal of certain outAnd the gross receipts will be
S2
».58 ill
\'°''"^''
standing bonds of the State, with all the unpaid coupons atLess expenses estimated to be 60 per cent
...'.'.'.'.'.'.'.
.774,987
tached, some at 40 per cent, some at 23 per cent and some at 15
Net earnings, 1880..
gllR<t<t'>'^ per cent of the principal, viz.:
I««a rent ofleased roada
;
.!::!;!:!:!:;.
293)996
$2,230,960
$5,577,400 at 40 per cent
804,861
3,217,045 at 25 per cent
Balance applicable to interest.
ftRRit laa
583,290
3,888.600 at 15 per cent
Interest in 1880 on funded debt, Ao.:. .::.:::::::::::::;;;:;:;
:
:
;
.".
—
—
—
:
—
•
;
;
;
;
—
W
:
:
.
eSeiidi
Balance equal to about 3^ per cent on $6,000,000 stock*
$223,068
$5,000,000 Eastern stock and $1,000,000 Portsmouth Great Falls
* CoDway. which oarrios same dividend as Eastern.
'
$12,683,045 total bonds to be exchanged.
Total four per cent bonds authorized
"A
$3,619,511
from the Treasurer, June 17, 1880,st*tes that $6,461,445 of these old issues hare been surrendered and new four
letter
:
:
:
THE CHRONICLE.
46
per cenU issned in eit-hinge for the same, viz.: No. 1 to 1,590,
#1,000 ; No. 1 to 417, $500 ; No. 1 to 8s7, $100 ; No. 1 to 238,
960, numbers will be furnished from time to time as further
iiBaes are made.
" Other bcmd.s of the State, amounting to about $13,000,000,
Mte excluded from the compromise, and no provision is made
for them."
The Ralt»igh O'-ierrer recently made the f ollovring comments
on the subject of the State's dent
"The Treasurer, Dr. Worth, has made satisfactory progress
in hia funding operations, and merits congratulations for his
There were outstanding and subject to be funded
sncoesH.
Of
class.
f!6,577,400 of old bonds belonging to the 40 per cent
these the Treasurer has funded $3,003,500, being more than, oneluUf. Of the second class there were outstanding $4,700,045
"bonds; of these there have been funded, at 25 per cent of their
face value, $1,814,045, being more than one-third. Of the third
«las8, for which only 15 cents on the doUar is offered, there
•waa outiitanding $3,888,600, and there has been funded of this
class $1,043,900, being more than one-third. The entire debt to
be funded amounted to $14,10.6,045, and of this Dr. Worth has
been able to retire $6,461,445, issuing in substitution thereof 4
p«r cent bonds to the amount of $1,901,495. Thus far. therefore, we have gained by the funding operation $4,559,949.
Were all the bonds issued still in existence and capable of
being presented, there would yet remain $7,704,600 to be
fnnckd ; but it is probable that a considerable number of the.se
bftnds will not come to light and will never be presented at the
Treasurer's office. We may safely estimate, therefore, that
one-half of the actual debt intended to be funded has been presented and has been retired, and that, when the funding operations are practically ended, the new 4 per cent debt will amount
to more than $4,000,000, bearing an annual interest of $160,000.
This showing, we say, is highly satisfactory, and Dr. Worth
deserves, and will receive, the thanks of the State for the skill
and acumen with which he has conducted this great and important service. By the way, the bill under which the Treasury
Department is now operating is not materially different from
the bill which we matured when in the Legislature in 1871-72,
and which passed the House of Representatives at that time.
The following is a resume of the Treasurer's trinsactions to
Bonds surrendered 40 per cent class, $3,003,500 25
date
per cent class, $1,814,045 ; 15 per cent class, $1,643,900 total
surrendered, $6,461,445. Four per cent bonds issued— For the
40 percent class, $1,201,400 ; for the 25 percent class, $4.53,511 ;
total new bonds issued,
for the 15 per cent class, $246,585
$1,901,496. This includes all certificates for small balances
—
:
;
XXXI.
[Vol.
payments for wages, interest, &c., $406,194, and
balance on hand, $10,843.
From London we have the first report of the English bond^
holders' committee, dated June 18. This committee is in the
interest of the Messrs. McCalmont, the English bankers, who
have managed the Reading Company in London. The committee is composed as follows: 'The Right Hon. Earl Cairns,
chairman; W. J. Cookson, W. Fowler, M.3P., Coleridge J. Kennard, Hugh McCalmont, Henry H. McNeile, R. C. Naylor^
Richard Potter, T. W. Powell.
The following are extracts from the report and appendix;
which contains statistics additional to what has been published
in this country:
" A comparison of the net earnings of the companies during
the five months ending 30th April in 1879 and 1880, and alsoduring the months of April in 1879 and 1880. The committeehave further ascertained, in answer to inquiries sent by them,
by telegraph to the receivers, that the general or floating debt
of the company had been increased between the 1st of December, 1879, and the 30th of April, 1880 (the latest date supplied
to themj, by about $3,604,000, a considerable portion of which^
however, is stated to be represented by the items of vainer
mentioned in the appendix under this head."
The following figures are taken from the appendix
$417,043; the
tlie
—
:
PHILADELPHIA & READING RAILROAD COMPANY.
BALAXCE SHEET NOVEMBER
Unfunded Debt.
Floating delit
30, 1879.
$7,550,079
this tliere are pledged as col$5,000,000 general mortgage
Note.— For iiait of
lateral security,
bonds.
Debts for current business, including rentals,
wages, miiterialB, drawbacks and p.-vyments to
counecttug lines
2,443,576
9iil65
State tax es
M
$10,091 ,821
PHILADELPHIA & READING COAL AND IRON COMPANY.
BALAN-CE SHEET
NOVEMBER
30, 1879.
I/iabilities.
Purchase money mortgages on various estates.. .$12, 605,000
742,898
Other bonds and mortgages on real estate
Lucugtdale Coal Company 'a extended Joan
15<>,000
$13,593,898
$1,731,000
27,880
Debentures
Unpaid intei-est
;
;
due."
Ohio
&
Mississippi.
—Mr. John King,
the Ohio
United States Court
in Cincinnati for the month of May, as follows
:
JleceijiU.
Cash on hand May 1
Cash fi'oiu ststtioa a^eute
Ca«h from conductors
Cash from individuals and r.ailroad comiiaiiies
Cash from Adam'B and American Express Companies
Xotal
$23,572
378,511
5,12<j
68,006
$475,946
Tonchers prior to NoveraDer 18, 1876
"VouoUers subsequent to NovemberlT, 1876
Payrollu
Total
Floating debt
Current business debts
Wagcsand materials
State taxes
'.
$1,507,830
247,474
476,033
143.902
$5,917
292.H02
137,739
3«0
..i.'....^.i.
$2,375,241
Debt to railroad companyMortgage of 1874
Mortgage of 1876
29.7.37,965
lO.OOO.Oiio
Opeudebt
Note. - The amount
5,253,948
of open debt given in the
published balance sheet of the railroad company is $5,177,919.
Capital stock (all held by railroad ooBipany)
44.991,014
S.000,000
729
Disburscmeiita.
1
to the railroad
Jr., receiver of
ft Mississippi Kailrosid, filed his report in the
ATerages
Cash on band June
$15,352,778-
Average interest about 7 percent.
Note.— The mortgage and other debt«
company are stated lower down.
38,985
$475,946
Pacific Bailroads.—-The Attorney-General of the United
States has tendered an opinion in regard to withholding payments from Pacific Railroad companies for transportation'services performed for the Government, in which he claims that
the whole of the earnings for such services should be withheld, and not the one-half thereof. He holds that the act of
Mav 7. 1878, applies not only to tie roads of the Union Pacific
and of the Kansas Pacific Railroad companies, but to all lines
leased or operated by those companies or consolidated with
them ; consequently he directs that payment be withheld for
Government transportation over the Denver Pacific, the Sioux
City & Pacific, and the Central Branch Union Pacific, as well as
over the Union Pacific & Kansas Pacific railroads.
Pliiladelphia & Reading.— George M. Dallas and Joseph A.
Clay, masters under the receivership of the Reading Railroad
and the Reading Coal & Iron Company, have filed a report in
the United States Circuit Court favoring the proposed extension of a loan of $70,000 made to the Reading by the Massachusetts Loan & Trust Company of Boston, to secure which
a large quantity of coal was pledged. The masters state that
the receivers are unable to take up the loan and that the Trust
Company is willing to extend it. .Judge McKennan has affirmed
the report authorizing the extension of the Lan.
In the suit of foreclosure the receivers already appointed
liave been made receivers.
The "masters appointed bv the
Umted States Circuit Court in the ease of the Philadelphia &
Beading Railroad and Coal & Iron Companies filed their first
report July 2. They say that the receiver's accounts as to the
railroad company from May 25 to Jane 12, inclusive, have been
examined and found to be nearly correct. The account as to
the Coal & Iron Company from May 25 to June 23 was examined
a*d found correct. The account of the railroad company shows
that the receipts were $2,719,014 and the balances on hand
f 151,803. The payments for wages, salaries and contingent
expenses were $862,602, and for interests, &c., $1,856,412. The
Aoeoaat of the Coal & Iron Company shows the receipts were
$70,719,931
The materials for the following statement of tho earnings'of the Railroad Company and loss of the Coal and Iron Company are gathered
ftom the company's reports. The former include tlie results of woriUng
the steam collier>< audbai^'es, and the two leased eauals; but the Ugures
are only given as appro .\imate
Kdrrxingsof
Long of Coal ami
SaUruad Comimny. Jlyin'Company.
about $5,145,000
1873
( Not given la
about 5,300,000
1874
^ the reports for
about 4,305,000
theso.ycars.
1H75
(
'•$203.«42about 3,.=J04,000
1876
755,47»aboJit 4,277.000
1877
752.04*
aljout 4,174,000
1878
699,4501879
about 4,000,000
*
Eleven months.
COMHABISON OF REVESUE DETWEEV THE FIVE MONTHS ENDISG APBIL
30 IN 1879 AND 1880.
^^et Uiss
of
Coal Co.
Hailroad.
$272 .4«3
175.835
five months, $.436,962 for April alone, $144,087
INCHEASB OP FLOATING UEUT.
The receivers have forwarded a statement sliowing tliat there is mi
increase in the amount owing by the two companies for tloattng deht*>
materials, Ac, on AiiHl 30. 1880. as conipaicdwitli November 30, 1879,,,
1879
1880
Aggregate gain for
$1,173,196
1,513,580
;
Among the items given to explain this increasothe following appear to be represented by value
of about $3,604,000.
Bailroad Company.
leased railroads al)out
$144,000
Increase in stock.s and
bonds held by the com-
Worked on
pany
Co<U and Iron Comptmii.
Furjinees and
Uon
w<>rfc..$4.*2.00O
Collieries
Increase in materials
707,000
ICO.OOO
97,000
$739,000
Increase of materials on'
hand
437.000
New engines and cars..
New trucks and sidings.
N6w bridges
Railroad Company
Coal and Iron Comiiauy
.^09,000
lOO.OOO
294.000
$2,191,000
'...
S.
$2,191,000739i00O.
$2,»3O.0OO-
Lees decrease in cash and other assets
300,o00
$2,630,000
consolidation of this
Pittshnr^ Titusville & Bulfalo.— The
company with the Buffalo & Southwestern had been accepted
aa-
and was voted unanimously by the stockholders of this company. But the Buffalo & Southwestera
stockholders failed to give a majority in favor of it.
an accomplished
fact,
,
JCLY
.
:
.
.
THE CHRONICLE.
10. 1880.1
47
OO T TON.
Fbtdat, p. M., July
CO)IIVlEK(UAL EPITOME.
Friday Nioht. July
The commercial exchanges were
week and
Latterly there has been an active
1)a8iness nearly ceased.
movement
9, 1880.
closed early in the
in breadstafFs, but generally trade Las hardly re-
There
covered from the holiday quietude.
is,
9,
1880.
Thb Movement of the
however, a
Cbop, as indicated by onr telegramB
(rom the South to-night, is given below. For the week ending;
this evening (July 9), the total receipts have reached 14 070
bales, against 17.057 bales last week, 23,.'51l bales the prerioM
week and 19,870 bales three weeks since, making the t(»t»l
receipts since the Ist of September, 1879, 4,8.'56,204 bales, against
4,427.572 bales for the same period of 1878-9, showing an increase
since September 1, 1879, of 438,032 bales. The details of th»
receipts for each day of this week (as per telegraph) are as follows:
cheerful feeling pervading mercantile circles, notwithstanding
rumors of injury
to the crops.
Sat.
Tiicn.
Wed.
Thum.
SOfi
27
94
116
2
97
466
563
72
2,3<5
94
63
616
36
147
Moil.
continues very cheap,
New OrleauB
Tom.
Pri.
although Secretary Sherman has ceased, for the present, to
Mobile
pnrchase United States bonds for the sinking fund.
CliarlcHtou
215
45
234
Port Koy.il, &c.
• •..
Savannah
Bmnswlck, &c.
98
284
SO
14
88
30
644
218
111
168
368
202
02
1JX9
S
1,417
5
24J97
6,30O
11
11
day or
Until within a
so the provision
market has been
extremely firm, in sympathy with the' heavy speculative move-
ment at Chicago. To-day, however, there was a slight break
and new mess pork was sold on the spot at $13@$13 20, and for
August at fl2 90; Sept'^mber and October quoted $12 55@|13.
Bacon
steady.
i-on
Lard
way
7/i@7%c. for long clear and 7'95c.
Cut meats have been fairly active and about
sold in a small
for short clear.
also
at
was lower to-day, with prime Western sold
the spot at 7"25c., closing at 7"20c., and for July 7"20@7'15c,;
August 7-22^@7-20c., September T30@T21)ie., October
.seller
,
at—
Receipts
Money
7-30c.,
year 7'12^@7"15c.; refined to the Continent sold at 7 67)^0.
Butter ruled firm for the finer grades,
which are
Cheese has been quieter and slightly easy.
The following
summary
•comparative
1 to July
of aggregate exports,
3:
1879-80.
Pork
lbs.
Ba<-on
lbs. 579,925,809
1878-79.
52,160,400
575.814,891
Lai-d.
Ib8.280,yj0,538
247,80-^.580
4.110.918
33,147,958
lbs.912,145,147
875,777,871
37,238,876
Total
51,2t>8.R00
Increase.
Galveston
Indlanola, <to...
ToDuessoo, &e..
Florida
21
Norfolk
City Point, &c..
....
week
1,521
Totals this
for
-export,
and 100 for home consumption.
Orleans..,
Mobile
Charleston
Port Royal, Ac.
Qalveston
4@5}^c. for lugs, and 6@12c. for
.a fair
demand, the
leaf.
Prices are quoted at
110
82
433
624
1^580
2.624
1.530
1,784
2.06,9
4,.563
14.070
1879.
Indlanola, Ac...
Tennessee, &e...
Florida
North Carolina.
Norfolk
City Point, Ao..
2,Sd4
740
70'
I4d
66
313
194
395
335
544
350
903
546
3
109
267
98
689
389
,72'
550
follows: 450 cases 1879 crop, New England 2ds, 103^@llc.;
350 cases 1879 crop, New England, 16/^c.; 300 cases 1879 crop,
Pennsylvania, 18@22c.; and 150 cases sundries, 9@22c. There
has been a limited inquiry for Spanish tobacco, and sales are
Havana
at 88c.@!f 1 10.
In groceries a good trade has been daily reported, and all
prices have been firmly sustained.
To-day Rio coffee was
•quieter and perhaps not as firm as of late ; fair cargoes quoted
.at 15c.; jobbing lots, 13>^@163^c.
Mild grades ruled firm and
in demand at 23@25c. for Java and 14@18c. for Maracaibo.
Rice was quiet at 6%@7%c. for Carolina and 5%@6c. for Ran:goon. Molasses steady at 36c. for 50 test Cuba refining. Raw
sugars ruled steady at 7%@7-81c. for fair to good refining Cuba
.and 6M@8Mc. for Centrifugal. Refined active and firm at 9%@
10c. for standard "A" and 10>^@10^o. for hard grades.
Ocean freight room has latterly been more active, and steadier
rates have taken place. The engagements and charters to-da.v
included: Grain to Liverpool, by steam, 5%@6^d., latter for
standard bushel; cotton, ^d.; provisions, 30@40s.; grain to
London, by steam, 7Md.; provisions, 30@40s.; grain to Glasgow,
by steam, 8d.; do. to Hull, by steam, 8^d.; do. to Leith, by
steam, 8d.; do. to Cork, for orders, 5s., free elevating, and 5s.
I
6d. regular; do.
66
1,590
7
1,021
14
39
486
439
611
624
to Stockholm, 6s. l^d.; do. to
Copenhagen,
-5s. 3d.; do. to Dunkirk, 5s. 3d.; naphtha to Havre,
4s. 6d.;
crude petroleum to Alicante, 4s. 6d.; refined petroleum to the
Baltic, 4s. 6d.(g4s. 1)^d.; do. to Antwerp, 4s.; cases to Gibraltar,
for orders, 22c.; do. to the Levant, 22c.; do. to Java, 25o.
In naval stores little of importance has occurred, and values
have been somewhat unsettled ; spirits turpentine closed at
27M®27}^c.
strained to good strained pepsins, $1 42^@
1.
884
324
5,28';
1,319
173
399
18
108
4,404
G.005
AM
29
4,856,204 4,427,572 4,248,551 3,949,162. 4,070,775
The exports for the week ending this evening reach a total of
30,905 bales, of which 17,300 were to Great Britain, 8,503 to
France and 5,196 to rest of the Continent, while the stocks as
made un this evening are now 237,220 bales.
Below are tb«
exports for the week and stocks tonight, and a comparison with
the corresponding period of last season.
Week
EXPORTED TO—
endinfc
July
Great
France.
Britain.
9.
N. Orl'ns
this
Same
Week
Week.
1879.
Total
Continent.
3,538
8.167
2,052
S. York.
Norfolk-
9,077
336
3,064
Other*..
4,591
13,757
STOCK.
1880.
1879.
4,129
80
4,671
64,775 17.549
0,503
2,382
2,083
117
431
5,146
1,635
5,526
2,259
3,660 119,715 122,817
14,472
1,787
1,334 19,000 19,000
5,196
30,905
9,554 237,220 167,596
Mobile..
Charl't'n
Savan'h.
Qalv't'n1
2,477
Tot. this
week..
17,206
8.503
Totsinoe
Sept. 1..'
2497,547 370,073 846,062 3713,682 3355,756
•The eiporta this week under the head of "other ports" include, from BaU
*
'5'S?' '''™ bules to LiTerpnol; from Boston, 1.4S8 bales to LlTerpool
and
80 to other foreign ports: fromiPhiladclphia,l2,058 bales to Liverpool,
li'rom the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an inareoM
\a the exports this week of 21,351 bales, while the stocks to-night
are 69,624 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also gire
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
add also similar figures for New York,
which are prepared for our special use by Messrs. Care^, Tale At
Lambert. 60 Beaver street
We
On Shipboard,
;
Petroleum has had a free movement for export, and
refined closed strong here at lO^c. bid crude certificates have
latterly been irregular, and closed dull at §1 11% bid and
•f 1 12?6 asked.
American and Scotch pig irons ruled dull, and
the latter shows much weakness. Ingot copper has also been
•somewhat easier at 19c. for lake. Wool is firmer, and sales for
the week include X and XX Ohio fieece, 47@48^c.;'East India,
40c.; spring Texas, 26^@31c., and Oregon unwashed, 35@39o.
$1 473^.
3,032
353
8
1,011
68
14,070
...
1876.
1,243
5
week
1877.
1,175
6,300
1,230 hhds.,
as
[only 450 bales
Total this
1878.
658
Seed leaf has met with
week aggregating
6^
2,365
1,129
,
Total since Sept.
sales for the
65
217
1880.
New
Savannah
Kentucky tobacco ias continued very quiet,
34
718
,
The market
740
707
For comparison, we continue our usual table showing this
week's total receipts and the totals for the corresponding weeks
of the four previous years
S91J600
-and the sales for the week are only 300 hhds., of which 200 for
478
973
Moreh'dCity,&c
Deoreftsp.
891,000
420
711
W'llminjrton ....
Receipts this w'k at
a
from November
.
:
scarce.
is
.
July 9,at—
Britain.
;
Rew Orleans
Mobile
3.795
Savanunh
None.
None.
None.
Qalveston
480
Uii.irleston
New York
Other ports
Total,
not cleared— for
Leavtas
Great
2,6o6
.
6.275
France.
Other
Coastwise.
Foreiifn
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
Not reo
None.
None.
50
300
227
Total.
3.795
None.
50
300
707
Stock.
00.980
6.503
2,033
4.846
4,819
elved..
1
None.
'•y.ooo
577
0.9.^.2
110.653
..
:
:
:
THE CHRONICLE.
48
movement
followinf; is oar nsu&l table showing; the
The
•otton at all the ports from Sept. 1 to J uly
XPORTED
KBCIIPT8 8INCB
SEPT.
Town.
1.
Great
of
the latest mail dates
_.
_,
3
Stock.
...
Total.
351,370
478,630
teyh.. 724,998
460,107
GalT.*
K.York 210,577
Florida
20,141
v. Car. 102.976
HorTk* 725,540
Other.. 286,773
Obar*!!*
,
361,488
514,232
704,778
562.029
147,540
56,428
134,961
558,706
213,187
1,177
1,479
23,863
240,794
252,008
10,447
8.912
25,318
II
to
B
II':
o2,e.s
»
n»2
S5
<1
A
It
B
a:
if
<
o
:
:
•
•
i-^
:
i
IP
'.
'.
:
.
I
2480,311 361.570 840,866 3682,777 266,162
ThlaTT. 4842,134
« 11
>
1,087
14,793
29,000
35,487
261,185
277,326
oaES oa£.5
ClODg
H2.-
6,676
111,687
344,774
2,371
424,092
6,393
4,833
293,801
564,142 124,410
10,143 17,355
20,625 170,109
18,950 219,990
23,831 49,679
32,308 88,003
84,189
154,040
185,152
220,291
443,831
{Bftftt;
E
.Orlna 1472,022 1171,191 876,173 263,057 261,053 13S0.283 76,599
Mobile.
and
ta
TO—
gINCB SEPT. 1
Other
Britain. France. Foreign
1878.
1879.
2,
[Vol. XXXI.
il
4424.540 2019.791 1410.687 915,724 3346,202 190,469
Under the head of Charleston Is included Port Royal, Ac; under the head of
SaitfUm la Included Indianola. Ac: under the head of Aorfolt la Included CItf
Ijwt year.
ii
*
acn
&c
The market was closed from Saturday to Tuesday, inclasive
The reopening on Wednesday was at some improvement, in
olot,
<100
00
cote
mm
Tesponse to stronger accounts from abroad, bat there was not
luch demand
QOH
market, and the close was at some
to sustain the
concession from the prices of the previous Friday.
00
Yesterday,
01 CI
—the object of some
wu fully maintained at the close,
special effort
—making the
demand continued very
steady, the opening was
O©
03 03
But the
To-day, with Liverpool quite
small.
Pr8
00
CBcb
H-X
1
To-day there was an advance of
middling uplands, with a
lljc. for
The
total sales for
total
sales foot
free
up
l-16c., to
a
fair export.
09
this
on board.
week
SS8
OiOi
including 1,700 for
export, 1,098 for consumption, 167 for speculation, and
bales
were
The
to arrive.
9«o
00
00
in
99
99
CJtCI
MOO
8,^
following
9?8
(SO
tco
0)01
Of the above,
transit.
00*-
00
Too
For immediate delivery the
2,903 bales,
9?8
CTidl
forward delivery for the week are 83,800
bales, including
?8
on Thursday, with prices firmer, but
fairly active for export
not quotably higher.
2~)
I
CS
and the
at a slight further advance,
M
'
Cotton on the spot was dull on Wednesday,
dose quite buoyant.
but
with July
most decided improvement.
^^8
ISO
however, an easier opening was followed by an advance, which
I
are the
quotations and
official
sales for each
day of the psst
908
week:
UPLANDS.
Sat. JHon Tae«
July 3 to
Jiilyg.
NEW
Sat.
ORLEANS.
non Taes
00
TEXAS
roa>
00
00
C16
0000
008
l@ CO
h-.
O o
I
998
(SOS
toco
Btr. G'd Ord
Jjo-w Mldd'g
^
•a
Btr.L'wMid
>
i
i
Middling...
Good Mid..
i
1
1
Str.G'dMld
Midd'g Fair
&
ri
•
I
2
o
i
1
1
S
I
a
«a
o
!<=
I
I
I
I
I
I
I
I
§2
•.
Hred TIi. Pn.
812
Ordln'y.^lb
Strict Ord.
Good Ord..
91 16
101,8
109,6
lilt,,
Middling... niJie 1U3,611'8
Good Mid.. 126,8 126,6 11238
Str. G'd Mid 129,8 129,6 12=8
K)l8
Midd'g Fair 13'i 131,8
J'}(
I1311
31I 1S13«4
Fair
STAINED.
Oood Ordinary
Btrlot Good Ordinary
Wed
8-',6
8'^16 816,6 9
916,, 916,8 10
Btr. G'd Ord 107ie 107,8 IOI9
I/DW Midd'g 113,8 113,8
.. IIH
Str.L'w Mid 119,8 119,8 11=8
1116,6
127,
1211,-6
133
ISiSJIa
TIi.
87,6
9116
101,8
109,6
116,6
1111,6
1116,6
12'jg
1211,6
133,6
1313,8
9
Fri. ^Ted
812
9I8
ID'S
1138
U\
12
1212
12«i
1314
1378
WeA Tb
8I16
lb
Holi-
Holi-
Holi-
day.
day.
day.
5i°18
99,6
1058
MARKKT AND
CLOSED.
Con- Spec- TranTotal.
port, 8uup. uft'n
sit.
Bat
t
Wed.
Steady
Firm
Fri.. Firm, at
498
254
344
167
1,700' 1,096
167
....1
1
,8 adv.
S87
813
665
I
1068
1138
I
00
11%
cnc;i
12
do
CtCT
CtCO
l®M
I2I3
I
»-
8m
s:
t-'t-'OD
12%
1314
1378
OO
^QOO
SOO
Transferable orders— Wednesday, 11-60; Thursday, .11-65; Friday,
Fri,
11-80.
818
81*1,
9
958
The following exchanges have been made during the week
08 pd. to exch. 200 Nov. for Jan.
100 July for Aug. oven.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the Ggnrea
'J9l6
1068
1011,8
FUTURES,
HalCH.
1,141
1,157
24,000
18,100
41,700
2,963
83,800
|
of last Saturday, but the totals for Great Britain ar.d the afloat
Continent
this week's
returns,
and consequently
Deliv-
for the
eries.
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (July 9), we add the item of
exports from the United States, including in it the exports of
Holi day.
Holi dav.
Holi day.
1
1
Tnea.
812
9l8
10%
8ije
Ex-
Mon
Frl
BALKS.
SALBS OP SPOT AND TRANSIT.
POT MAKKET
Tb.
gyi8
§318
9I16
9'l8
101,6 101,8
109,6 10»,8
116,6
llli,6 1111,8
1116
1116,8
127j, 127,8
12il,e 1211,8
133,6
V 133,8
1313 16 1313,6
lOlfi
nioD Tiie«
Sat.
low^Mlddllng
Middling
Total
998
-1-J
(BO
Sat. JHon. Tneii
Ordln'y.^lb
Strict Ord..
Good Ord..
Fair
998
01 CI
200
200
200
600
The daily deliveries given above are actually delivered the day previous to that ou which they are resorted.
The Sales and Prices op Futures are shown by the following comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales
ai-e
Friday only.
Stock at Liverpool
Stock at London
baies
Total Great Britain stock
Stock at Havre
Stock at Marseillee
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
1880.
755,000
55,100
1879.
1878.
589.000
42,000
782,000
12,250
810,100
82,500
5,300
48,800
3.000
31,000
631.000
103,250
2.250
37,000
3,000
27,250
794.250 1,021,000
214.000
211,750
6,000
8,000
38.000
72.000
7,000
16,500
47,250
72,25*^
1877.
981,000
40,000
.
JOLT
10,
1
..
AmRterdam
at Rotterdam
at Antwerp
at other aoiitt'ntal ports.
10.700
2,950
1.320
22,800
Total continental porta....
214,370
at
bales.
Total European atooks.. ..1,024,470
India cotton afloat for Europe. 237,000
Amer'n cotton afloat for Eur'pe 224,000
Egypt,Brazll,,tc.,afltforE'r'pe
19,000
Stock in United Statea poru .. 237,220
BtocklnU. 8. Interior porta...
38,217
United Strteaexporta to-day..
1879.
38,SO0
1,250
6,000
1877-
1873.
48,500
0,500
61,750
10.500
6,500
23,000
2)9,000
406,000
464.000
IL.'iOO
7,750
15,730
850,000 1.200,250 1,485,000
333,000
201.000
347,000
67,000
83,000
145.000
1.1,000
9,000
20,000
167.596
146,466
221.723
12.487
10,347
18,078
3,000
300
1,000
Total vlaibleaupply
1,785,907 1,453,083 1,650,363 2.235.801
<Mtlie abore, tbe totala of American and otber deaorlpUona are as followa-
A mcnean—
Liverpool stock
ContJueiital stocks
Americiiu afloat for Europe
United States stock
United Siatns Interior atocks..
United States ezporta to-day..
Total American
501.000
140,000
224.000
237,220
33,217
6,000
1.146,437
451.000
177,000
67,000
167.5n0
12,487
3,000
615,000
328,000
83.000
146.460
10,347
635.000
385,000
145,000
221,723
16.078
3oO
1,000
«.
873,083 1,183,113 1,403.801
East Indian, Braxil, etc.—
Liverpool stock
London stock
Oontlueiital stocks
India afloat for Europe
BKTPt, Brazil, dkc.,allo»t
Total East India,
Total American
&0
254,000
55,100
74,370
237.000
19,000
138.000
42.000
42,000
333.000
15,000
639,470
575.000
467,250
832,000
878,033 1,183,113 1,403,801
1,146,437
Total visible aupply
FrloeMid.Upl., Liverpool
167.000
12,250
78.000
201,000
9,000
346,000
40.000
79,000
347.000
20,000
1,785.907 1.453.083 1,650.363 2,235.801
6i»isd.
....
OSad.
6''gd.
GSig.i
The above
figures indicate an inoreate in the cotton in sight tonight ot 332,824 bales as compared with the same date of 1879,
an inerease of 135,544 bales as compared with the corresponding
date of 1878. and a decrease of 449,894 bales as compared with 1877.
In the preceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That difficulty no longer exists, and we therefore make the following comparison, which Includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns.
We shall continue this double statement for a
time but finally shall simply substitute the 19 towns for the 7
towns in the preceding table.
American—
1880.
1879.
1878.
1377
Liverpool stock
Continental stocks
American
afloat to
bales
Europe
United States stock
United States interior stocks
Uiiited Sutea exports toKlay
Total American
<Scc.,
.
.
501.000
140.000
224,000
237.220
7 1 .950
6,000
1,180.170
JSatt Indian, Brazil, etc.—
Liverpool stouk
London stock
Continental stocks
India afloat for Europe
Efcypt, Brazil,
—
1
THE CHRONICLE.
1880.]
1880.
Stock
Stock
Stock
Stock
:
afloat
Total East India. Ac
Total American
234,000
55,100
74.370
237,000
19,000
639,470
1,180,170
Total visible supply
451,000
177,000
67.000
167,596
20.69
3,000
615,000
328,000
83,000
146,466
18,033
635,000
385,000
145,000
221,723
28,997
1,000
300
836,287 1,190,799 1,416,720
133,000
42.000
42,000
338,000
13,000
67,000
12,230
73,000
201,000
9,000
346,000
40,000
79,000
347.000
20,000
3
575,000
467,2.50
832,000
8f6,287 1,190,799 1,416,720
1,819,640 1,481,287 1,653,049 2,218,720
49
Bbckipts ynoM thb PiiANTATiONS.— The following table is
prepared for the purpose of Indicating the actual movement each
week from tlie plantations. Uecoipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks.
W^e 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.
BBCEIFT8 PBOM PLAMTATIOHB.
Week
Reoelpts at tbe Ports. Stock at Inter'r Ports Rae'ptstroa Planfiis
ending—
1879.
1878.
«.pr.
Mar
80
7
"
14
••
21
••
28
June 4
**
"
11
18
"
25
Juir
3
M
9
88.806
31.196
34.2SS
80,097
19.732
1880.
1878.
1879.
1878.
1879.
18M.
88.714
89,142
75,500
65.770
87.294 280.938
78,968 204.154
71,546 ise.ees
38.019
17,604
31.51
19.0M
i4.aw
14.478
11,615
56.433
46.303
39.023
34,154
89.315
23,287
21JS10
S9J249 n».i57
51,<29 161,465
10,760
7,800
42198
143;B4I
10,910
7,888
37.570 130,635
32,428 115,038
29.906 96,190
23,223 81.1TO
22.388 75,103
20.891 71,950
7,509
6,388
6,461
4.8M
4.065
4,832
8,810
4,881
808
30,858
2S,6«I
84,636
a«,5i4
23.781
23.674
13,530
19,870
I8.2a0
19.380
11,831
10.781
6.879
S,949
5.387
83,51
17.057
14,0T0
19.975
18.033
1880.
9.601
3.645
13.901
8.106
I4.18»
8303 ii.su
1.471
5.000
11.004
8,9eS
1.08*
8,4M
10,SW
10.91
The above statement shows
1. That the total receipts from the plantations since Sept. 1 ia
1879-80 were 4,920,853 bales; in 1878-79 were 4,443,611 bales; in
1877-78 were 4,250,102 bales.
2. That, although the receipts at the out ports the past week
were 14,070 bales, the actual movement from plantations was
only 10,917 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 1,335 bales, and for 1878 they were 3,045 bales.
Weather Reports by Teleoraph. — More
rain than is desirsections of the Southwest, and dry
weather would be a blessing just now. No special harm, however, is reported as yet.
In the Atlantic States, where rain was
needed, they have had it this week.
^
have had a shower on one day the past
Galveston, Texas.
week, the rainfall reaching four hundredths of an inch.
Throughout the Slate the corn crop is safe, and will be abundant , while the cotton crop is one of the most promising ever
known. Some sections of the coast district and a small portion
of north-east Texas complain of too much rain, and occasionally we hear rumors of caterpillars; but otherwise the prospect
is as good as possible.
Average thermometer for the week 81,
highest 91 and lowest 78.
Indianola, Texas. The weather during the week has been
warm and dry, the thermometer averaging 85, and ranging from
77 to 94. All crops go id without exception.
Corsicana, Texas.
have Bad warm, dry weather throughout the past week. The thermometer has averaged 86, the
highest being 98 and the lowest 7U. Crop accounts are mors
favorable and very promising.
Dallas, Texas.
There has been no rainfall at this point during
the week. The crop is developing promisingly.
The cotton
plant looks strong and healthy and the fields are clear of weeds.
Some portions of the Red River counties have had too much
rain, and there are rumors of the appearance of caterpillars, bnt
we think them of little importance. The prospect liere is marvelously good. The thermometer has ranged from 70 to 98,
able
is
falling in
some
— We
—
— We
—
These figures indicate an inereaie in the cotton in sight to-night
of 358,353 bales as compared with the same date of 1879, an averaging 86.
increase of lttl,59l bales as compared with the corresponding date
Brenham, Texas. We have had no rainfall during the past
of 1878. and a decrease of 429,080 bales as compared with 1877.
week. The thermometer has averaged 85, with an extreme range
At the IsTKRtOR Ports the movement—that is the receipts of from 75 to 96. Crop accounts are more favorable. The fields
and shipments for the week, and stocks to-night, and for the are clear of weeds, and the cotton plant looks strong and healthy.
corresponding week of 1879— is set out in detail in the following The condition is about as favorable as ever known. We hear
rumors of the appearance of caterpillars, but do not attach any
statement:
importance to them. Dry weather is wanted for a while.
Week ending July 9, '80. Week ending July 11, '79,
Aete Orleans, Louisiana.
We have had rain during the week
on three days, the rainfall reaching three inches and two hunReceipts Shipm'ts Stock.
Receipts Shipm'ts Stock
dredths.
The thermometer has averaged 83,
Shreveport, Louisiana.
The weather during the past week
AagDsta, Oa
234
196
5,928
49
127
2,548
Columbus, Qa
105
95
3,572
20
33
915 has been fair and dry, with a high range of temperature. We
Macon, Ga
9
39
1,280
3
8
285 had a thunder squall on the seventh inst. with a rainfall of fortyMontgomery, Ala
20
6
2,918
47
343
1,577 five hundredths of an inch. The thermometer has ranged from
Selma, Ala
40
—
—
—
Mempbia, Tenn..
Kasbvllle, Tenn
190
734
921
682
17
709
37
18,648
5,189
228
1
57
42
57
5,906
1,139
Total, old ports.
1,154
2,181
33,217
365
689
12,497
.
Dallas, Texas * ..
Jefterson, T«x*..
8
Bhreveport. La .
Vlokaburg, Miss..
5
225
142
Columbus, Miss..
Eufaula, Ala
"73
Orlffin,
Ga
Qa
Atlanta,
Bome, Qa
Charlotte, N. C.
St. Louis, Ho....
50
58
1,008
54
160
1,221
595
7,276
1,811
107
8
15
12
20
41
65
4
20
2
348
170
44
43
13
12
32
198
19
1,375
287
125
3
1
167
94
317
10
75
25
594
164
322
3,767
1,972
4,029
5,269
7,395
33,733
702
2,154
8,204
6,423
9.576
year's flgures estimated.
71,950
1,067
2,843
20,691
Cincinnati,
O
Total, new p'rts
Total, all....
TWs
The above
•
7
39
48
132
823
28
15
204
170
6
55
283
163
92
3X8
117
17,346
4,047
4,781
1,654
totals show that the old interior stocks have dsoreased during the week 1 .027 bales, and »r<> to-night 35,730 bales
»iK>r« than at the same period last year.
The receipts at the same
towns hare beon 78J bale* m^e than the same week last year.
73 to 94, averaging 88.
Vieksburg, Missittippi.
—
Rain has fallen during the past week
on two days. Caterpillars have appeared in this section but
have done no great harm yet.
Columbus, Mississippi. During the earlier part of the past
week we had a rainfall of ninety-four hundredths of an inch^
but the latter portion has been clear and pleasant. Average
thermometer 87, highest 92 and lowest 83.
Little Bock, Arkan*ai.—Fnd&j, Saturday, Tuesday, Wednesday and Thursday of the past week were clear, but Sunday and
Monday were cloudy, with rain, and there was also a light
sprinkle on Wednesday evening, the rainfall for the week
aggregating one inch and one hundredth. Average thermometer
Crop prospects were never belter,
79, highest 91 and lowest 68.
but there must be a little more dry weather than for the past
three weeks or we will have both rust and blight in cotton.
JfasJniiUe, Tennessee.— Ridn has fallen during the week on fire
The therdays, to a depth of four and six hundredths inches.
mometer has ranged from 66 to 90, aTer.iging 77. We are har-
—
iog too
much
rain.
Memphis, Tennessee.— We have had rain on Ato davs, ths rataTt^e them\(MR«»«r
fall reachijBg thirty hundredtlis o( an inch.
—
.
..
.
.
THE CHRONICLE
50
XXXI.
fVoL,
tVit statement shows that up to June 30 the receipts at thethe hitrhest being 80 and the lowest 77, Crop
415,-579 bales more than in 1878-79 and
aoeoanta are less favorable. Excessive sap, much shedding, and port» this year were
grMB troublesome. The past two days have been clear and a 599,082 bales more than at the game time in 1877-78. By adding
to the totals to June 30 the daily receipts since that time
week's continuance will cure ills.
reach an exact comparison of the moveMobile, Alabama. The earlier part of the past week was clear we shall be able to
and pleasant. The last three days have been showery, the rain- ment for the different years.
The crop is developttiU peaching forty hundredths of an inch.
1879-80. 1878-79. 1877-78, 1876-77. 1875-76, 1874-75.
ing finely. Caterpillars have appeared in central Alabama,
thoogh with limited injury as yet. Average thermometer 82, Tot.Jn.30 4,837,328 4,421,749 4,238,246 3,939,755 4,056,109 3,456,872
Mkhest 98 and lowest 73.
948
343
S.
Julyl....
1,904
1,073
486
Montgomery, Alabama.— It has been showery four days of the
"^
970
271
1.541
8.
2,902
543
2....
week, the rainfall reaching fifty-one hundredths of an inch, but
« 3....
1,176
6501,521
1,548
1,864
2.518
not enough rain fell to do much good. The tbermometer has
" 4....
629
701
848
8.
S.
1,009
ranged from 73 to 100, averaging 84. Caterpillars have certainly
" 5....
414
1,163
367
2,624
2,067
668
appeared, though the injury done is cm yet limited.
" 6....
8.
840
914
1,530
780
961
HtlmU, Alabama.— 'R&in has fallen on two days, but the balance
- 7....
8.
1,112
849
656
1,764
1,18-1
of the week has been warm and dry. There have been good
" 8...
334
930
2.068
8.
3,045^
452
rains in adjacent sections. The crop is developing finely and
"
679563
1,013
815
9...
4,563
8.
tAe plant looks strong and healthy. Caterpillars have appeared.
No damage has yet been done, but they are creating much un- Total
4,856,204 4,426,983 4,246,047 3,946,953 4,065,373 3,464,37*
hm averaged 79,
—
>
evsiness.
Jladi»on, ^orida.
tkreH days.
tl» we^k.
fields are clear of
weeds.
Maean, Georgia.— U has rained during the week on two days.
with a rainfall of one inch and forty-seven hundredths. The
thermometer has ranged from 72 to 90, averaging 82. We have
secured a good stand of cotton. The cotton plant looks strong
aad healthy, and altogether crop accounts are, at present, more
favorable than for years in this section. Recent rains have done
much good. The rainfall for the mouth of June was one inch
and forty-one hundredths.
Columtms, Georgia. Rain has fallen on two days the past week,
the rainfall reaching one inch and forty-three hundredths. The
thermometer has averaged 88, ranging from 79 to 98.
Savannah, Georgia. It has rained on three days, the rainfall
reaching one inch and four hundredths, but the balance of the
week has been pleasant. Average thermometer 84, highest 97
—
—
and lowest
73.
Percentage of total
pW.rec'Dts July n
— We have had rain during the past week on
The thermometer has remained at 78 throughout
The cotton plant looks strong and healthy and the
July
8, '80.
July 10.
Vew
Below high-watermark ..
Above low-water (hark...
Above low- water mark...
Above low-water mark...
Above low-water mark. ..
Orleans
Memphis
KasbvUle
Shreveport
Vlcksbont
'79.
Feet. Incb.
Feet. Inch.
7
7
11
2
24
24
7
13
8
12
28
1
4
5
2
20
7
10
2
1880
1879
1878
1877
torial
in
Europe.— We give to-day
in
our
in Liverpool this afternoon.
—
Gunny Baos, Baooino, &c. Bagging has not been in demand, and the market is quiet. There is no inquiry except in
a small way, and prices are rather weak with holders quoting
lOo. for IM lbs., 10%c. for 2 lbs. and ll%c. for standard qualities.
Butts have been doing better, and holders are firm in
their ideas as to price. Paper qualities are now held at 3c.,
while spinning grades are firm at 'i'yic. The sales for the week
4,000
9,6b6
4.000
2,oo6
Shipments this week.
3.000
8.000
10.000
6.000
...
The above
We
have consequently added
to our
other
standing
Montlily
Eeoeipts.
Bept'mb'r
Oetober.
Sovenib'r
Decemb'r
January
IWimary.
Harcb...
.
April....
May
June......
Tear Beginning September
1.
1879.
1878.
1877.
1876.
1875.
1874.
333,643
888,492
942,272
956,464
647,140
447,918
264,913
153,025
110,006
88,455
288,848
689,264
779.237
893,664
618,727
566,824
303,955
167,459
84,299
29,472
9B,491
578,533
822,493
236,868
675,260
901,392
787,769
800,680
449,686
182,937
100,194
68,939
30,030
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
900,119
689,610
472,054
340,525
197,965
96,314
42,142
2,000
5,000
1,000
Slilpiuents since
Great
Total.
1
Britain.
186.000
159.000
71,000
79.000
5,000
13.000
11.000
6.000
week show that
than Bombay is 8,000 bales
January
Contlneut.
74,000
98,000
51,000
36,00O
the
less
1.
Total.
260,00012-.>.00(>
135.00O
movement from
than same week
as follows,
EXPORTS to EUROPE PROM ALL
1880.
Shipments
Europe
to all
This
week.
12,000
5,000
781,000
260,000
Total
INDIA.
1879.
Since
Jan, 1.
from—
17,000 1,041,000
This
1878.
This
week.
Since
Jan. 1.
week.
Since
Jan. 1.
4,000
13,000
534,000
257,000
6.000
11.000
682.00O
122.0CO
7.000
791.000
17.000
804 .OOO
1
This last statement affords a very interesting comparison of the
total movement for the week ending July 8, and for the three
years up to date, at all India ports.
—
Alexandria Receipts and Shipments. Through arrangements we have mads with Messrs. Davies, Benachi & Co,, of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corresponding weeks of the previous two years.
Alexandria. Egj-pt,
July 8,
1880.
1879.
1878.
Eaoeipts (cantars*)—
Tliis
week
Since Sept. 1
3,204,000
1,000
11,663,000
3.000
I2,766,00»
Tbis
Since
week. Sept. 1.
This
Since
week. Sept. 1.
289.780
173,662
1.000169,000
1,000 78,500
1,000 168,000
703 463,442
2,0001247,500
1,000 402,000
This
week.
Since
Sept.. 1.
Exports (bales)—
.
To Liverpool
To Continent
TotJn.aO 4,837,328 4,421,740 4,238,246 3,939,755 4,056,109 3,456,873
Ban'tagetrf tot. port
se««i|>ta June 30..
Since
Jan. 1.
Week.
For the whole of India, therefore, the total
week and since January 1, 1880, and for the
corresponding weeks and periods of the two previous years, are
COMPAKATIVB PORT RECEIPTS AND DAILY CROP MOVEMENT.
of the port movement by weeks is not accurate,
month.
This
781,000 10,000 1,016,000
534,000 7.000 847,000
631.000 5.000 828.00©
753,000 3.00O 978,000
totals for this
the ports other
of last year.
shipments this
A comparison
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
ince Sept. 1 has been aa follows:
Continent.
Britain.
1880
1879
1878
1877
All other p'rts
M the weeks in different years do not end on the same day of the
4,000 233,0001301.000
9,000 •2t)9,000[362.000
6,000 3.'J8.00oi395,000
Great
Bombay
agregate 3,500 bales, both kinds, at these figures.
Receipts.
1.
Total.
,000 12,000 340.000!441, 000
6,000
Tear.
edi-
columns our cable report of Mr. Ellison's circular issued
Continent.
According to the foregoing, Bombay appears to show an increasecompared with last year in the week's receipts of 3,000 bales and
an increase in shipments of 8,000 bales, and the shipments i-inceJanuary 1 show an increase of 247,000 bales. The movement at.
Calcutta, Madras, I'uticorin, Carwar, &c., for the same week and
years has been as follows.
CALCUTTA. MADRAS. TUTICORIN, CARWAR. RANGOON AND KURRACHEE.
Hew Orleans reported below high-water 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-lOths of a foot above
1871, or 1(5 feet above low-water mark at that point.
Cotton Consumption
Shipments since Jau.
Tear Great ContiGreat
lotal. Britain.
Brit'n. nent
—
10, 1879.
90-06
BOMBAY RECEIPTS AXD SHIPMENTS FOR POUR TEARS,
—
and July
97-00
97-74
—
We
8, 1880,
97-70
India Cotton Movement from all Ports. The figure*
which are now collected for us, and forwarded by cable each
Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &c., 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 July 8.
Shipments this week
Augusta, Georgia. The weather during the week has been
warm', with heavy'aud general rain on four days, the rainfall
are having
reaching one inch and sixteen hundredths.
plenty of rain, and thje crop is clear and looking fine. The thermometer has ranged from 72 to 95, averaging 83.
It has been showery three days
Charleston, South Carolina.
of J the week, the rainfall reaching one inch and sixty-six hundredths. Average thermometer 83, highest 97 and lowest 72.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
July
99-54
.
This statement shows that the receipts since Sept. 1 up to
to-night are now 429,341 bales more than they were to the same
day of the month in 1879 and 610,157 bales more than they
were to the same day of the month in 1878. We add to the lasi
table the percentages of total port receipts which had bees
received to July 9 in each of the years named.
. .
Total Europe
A cantar is 98 lbs.
t We have added to these
234,000
*
99-42
9752
97-56
90-73
98-85
statements for 1879 and 1878 corrections
which were made those years.
I
—
..
1
THE CHRONICLE.
Jui,T 10, 1880.]
Bremen
This statement shows that the receipts tor the week ending
cautars and the sliipments to all Europe
July 8 were
were 703 bales.
report received from Manchester
July 9 states that the market is hlfther and very steady, witli
give the prices of to-day below, and
a fair business doing.
ieave previous weeks' prices for comparison.
We
32s Cop.
8>4
Twist.
d.
"
4i
d.
8.
9 ai7 9
7iaa7 7»4
9 ©7 9
7»4a7 71s
9isaiOM
aijaio^
281
Jime
d.
d.
99»«10>i
9ia®10i4
14
21
"
11)S.
Slilrtlugs.
Cott'n „„ -,
Mid. 32«Cop,
Upld« Twist.
d.
d.
8^
lbs.
Slilrtlugs.
d.
R.
9 14 99^31
10iaa7 10>«
n; 9'aai0i4
7>s®7 7'e
613,0 914219^ 5
"
IS
o^aaio^
7>9
3
9
5
5
85j®93a 5
(i
9 ® 9%
9 ® 9%
9>4ail0
" 25
July 2
8
••
41437 6
4ia»7 B
7'«®7 7I3
d.
d.
8.
m
•'
7^®7
MI<1.
UliUU
-agss .5 10»«®7 lOk
7I19
938^10 6 li«a8
938® 10 5 10iu®7 Id's 73l6
9ie»9Ai .5 101337 lOi* eiSie
7i«
7'iia7
A.
Cott'n
9
6'.1,8
9>8»9^
»%
6i-'in
®7
9
7i*®7
7iaa7
New
U,'-'70
Mobile
Clmiiestou
4,322
JUverpool
June
Juno
Jnly
16.
23.
30.
7.
6,30'2;
Do
i„
Do
Bremen and Hanover
836 32,644
13,895
1,424
3,392
2,890
.338
32.644
13,993
464
508
915
115 36,230
80 19,055
649
915
1,453
25,698
14,273
2,U02
2,833
1,648
80,983
19,310
Spain. Op'rto, aibralt'r,<to
ll other
1,416
6,679
3,406
6,610
Total
1,416
10,084
5,610
Beceipts
from—
1.
Do
York.
IPhUadelphla.
Boston.
»IO»H
e,
&
g
I
c.
»ie
•is
Tie*"*
'is**
39*16
''i6*"3ai''i9''»"aa
"«a»ie
»iii»%
»i«
»
%
aall...e,
steam
ii3a»%
d.
sail
iljaaail
c.
—
LivKHPooL. By cable from Liverpool, we have the fo llowing
Statement of the' week's sales, otoeks, &c., at that port:
June
Sales of the week
Sales American
June
18.
25.
36,500
26,500
4,000
2,300
10.000
7,000
794,000
532,000
68,000
62,000
336,000
176.000
53.000
39,000
3,900
4,100
10,500
13,000
764 ,00c
501,000
35,50C
20,500
355,000
201.000
bales.
Of which exporters took
Of which speculators took..
July
2.
July 9.
43.000
47,««0
32,.500
35^00
3,000
4)70O
1,470
1,770
Actual exi>ort^
7,900
6,100
Forwarded
13,000
19.MO
Total stock— Estimated
76^.000 755,000
Of which Anieriean— EBtim'd
514.000 501,000
Total Import of the week
99,000
63.000
Of which American. ..
79,000
32..900
Amount afloat
282,000 362,000
132.0<W 11«.0<O
O' which American. ..
The lone of the Liverpool mar ket for spots and futures «aoh day uf tlitt
week ending July 9, and the daily closing prices of spot cotton, haw
b«en as follows:
Market,
12:30 r.H.
Saturday Monday. Tuesday. Wedne*. Thursd'y
Frtdi«.
Oood
damaad.
St—ay.
Moderate,
Inquiry
Fair
demand.
6i»„
Hid. Upl'ds
Baltimore.
Mai;ket.
}
6r.M.
i
I
7,000
1,000
5.000
1,00c
Sales
8pec.de exp,
This
Since
This
Since
This
Sinoe This
Sinoe
week. {Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
7,000
1,000
10,000
2,000
6"i«
61»,g
6l5i.
6Tg
Mld.Orl'ns.
1879.
New
riH.
'32'*'l6
»1«
Amst'd'm, steam.e.
12.131 10.908 12,963 12.477 576.619 284,970
Qrand Total
'I'HK Following arb thk Kkceipts of Cotton at New ifork,
Boston, Philadelphia and Baltimore for the past week, and since
Septembpr
Tfaurs.
83"4
aail...d.
Spot.
&o
Wedne*.
year.
2,890
TOTAL TO NORTH.'BnBOPE 3,005
Tnes.
.e.
sail
Do
Do
3,392
4,541
Mon.
c.
sail
Do
Baltic,
1,424
(Haiuburii;
153
Hamburg, steam. (f.
100
Other ports
i,S^
336 3.011
Ball...(f.
Bremen, steam,
Total to period
date. previ'us
Otker French porta
Total French
1.818
3,32»
1,272
Havre, steam
HcnxL TO Great Bkitaim 5,702 6,807 9,158 0,0T 452,908 246,055
Havre
9..538
4^2U
Satur.
9,158, 9,077 4',i4,408 238,232
7,8'23
C!j,500
6,867
400!
Ottier British ports.
447
Uverpool, steam d.
Sauifi
June
burg.
195
2,816
1,300 3,'J34
447 33,.5S7
Below we give all news received to date of disasters to vesselii
earrvlog cotton frAm United States ports, etc.:
Union, ship, from Norfolk for Uvorpool, before reimrted, was towed
ashoi-c by tug Great Britain, at / A. M., on Rhosuolyn Rook; tuwoA
otr again at 11 A. M. June 24, making water.
Cotton freights the past week have been a« follows:
1879.
Week endingExported to
lonaA
AntOpwerp. Beval. orto). Oenoa. Toltf.
153 1,300 1,416
12.177
1318
Total.... 25.070
a
from New York this
decrease, as compared with last week, the total reaching' 13,477
Below we give our usual
bales, against 12,963 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also tlie total exports
and direciion since Sept. 1, 1879, and in tlie last column the total
1.
Baroe-
Rotterduui ik
Baltlinure... 3,320
806
Bofltuu
&'•,
611.
for the same period of the previous year.
ExptiKTS OF Cotton (balks) from New York since Sept.
....
7
7
»7
weot buow
The Exports OP CoTTOH
Spain,
Havre
336
York... i).077
N. Orleans...
Philadelphia
1S78-79.
1879-80.
7
niul
Ham-
Liverpool.
MANcnB8TKB Markbt.—^ur
Xny
61
6I61,
a«oo
10,000
1,000
1,000
IHUura.
N. Orl'ans
1,401 196.760
Texas
Savanuah
859 110,433
23,645
2.969
5,279
2.575
393, 180,687
2*3 97.928
103 15,882
1,128
67,100
65
492
38
12,959
10.592
79,463
Mobile
'.'.'.'.'.'}
J*.C»r'lina
Virginia
Morth. pts
Tenn., Ac.
'^foreign
5,666
i',296
572 111,696
31
.
Car'lina
.
Tblayear.
19;
41.911
424 203.198
6,059
1,156 211,733
I
1701
51 53,9'55
1,341 151,682
3,075 151,366
392 62,546
4,750 422,766
495 86,347 2,802 185,884
1,234
Barely
8Uady.
dull.
iteaxly.
week are given
MlddUng cmib—
Baturoat.
DeliTery.
770
Delitery.
d.
Delivery.
d.
6»i33
6I4
Ang.-Sept
Oot.-Nov
fiMjs
Oilig
July
July-Aug
15,000
5.3361
4,995
Very
and
easier.
The aotnal sales of futures at Liverpool tor the same
below. These sales are on the basis of Uplands, Low
unless otherwise stated.
...
Florida
«
Dull
Market,
5 P.M.
tf.
dH
Aug.-Sept
Sept.-Oot
6i&j»
De'tvery.
Sept.-Oct
6^14
MONUAY.
Zjastyear. 4,770 889,9261 1,263 338,076
* 1.073,473.
Deliterif.
July
July-Aug
480161.328
106 88.980
I
Delivery.
. . . 6»8 * l»j»
.6a3sa»"i«' Aug.-Sept
eaijj
.
1
TCESDAT.
—
tiHlPPlNG News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
33,557 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York, we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Wednesday
night of this week.
New York—To Liverpool, per steamers Alenpo, 300
.'
•
Hew
To Bremen, per bark Diamaut, 2.816
To Genoa, per ship Aurora I.. 447
MouiLE—To Liverpool, per steamer Mobile, 3,186
502.... Marathon, 2(>0
..
Philadelphla— To Liverpool, per steamer British Crown, 1,272
6153a
IHlivery.
Joly-Aug
Aug.-Sept
I
6I4
6318
6llig
Delivery.
Aue.-Sept
8ept.-Oct
0"3»
Oot.-Nov
«»3t
Delivery.
«i«
Delivery.
Delivery.
Delivery.
336
115
80
8^
Aug.-Sept
63*32
Sept.-Oct
6>S|s
6ii339Sta
Delivtry.
6iti8
6I9
8ept.-Oot
B^st
Nov.-Dec
6''s»
Delivery.
Sept.-Oot
ei^^ss
Oot.-Nov
65i„
July-Aujr
Aug.-Sept
Friday.
Delirery.
July
July-Aug
Aug.-Sept
53
100
1,300
1,210
62539
6233a
eilid
Delivery.
6%
6*>ja
BREADS TUFFS.
200^
FRIDAY, P. M., July
6,270
2,810
The
4,322
1,S1S
3,;i29
806
1,272
Total
33.567
particulars of these shipments, arranged in our usual
form, are as follows:
Oct.-Nov
Nov.-Dec
July-Aug
Sept. -Oct
6H
6"3a July-Aug
Oot.-Nov
8"33a5i Oot.-Nov
65,a
6^^
611ibI Dec-Jan
Thhrsdat.
July
July-Aug
9,077
447
•Charleston— To Barcelona, per brigs Clara, 868 Upland
Osvaldo, 430 Upland
Almirante. 500 Upland
Baltimore— To Liverpool, per steamers Cwollno, 1,001
Nova Sootian, 2,328
Boston—To Liverpool, per steamers Brazilian, 44
Bulgarian,
8ept.-Oct
July
per bark
Cato, 1.136
G»'32
KSg
Wednesday.
Total bales.
Bothnia,
Egypt,
550
Wyoming, 1.6B9
City of Brussels. 667
1.640.... Celtic, 539. ...City of Chester, 963. ...per ship
Simla, 2,749
To Havre, per steamer St. Laurent, 336
To BrtMUeu, per steamer Miiaol. 115
To Himibiirg. pisr stPanier Westphalia, 80
To Rotterdam, pur stuanicr Rotterdam, 53
To Antwerp, per steiuner Pliiutyn. 100
ToHovul. per bark .''torjoham. i.-SOO
ToBaronlona, pcrbark'Rosalia, 1,218
To Oporto, per bark C'laiidina, 200
Orleans—To Liverpool, per steamers Pedro, 2,042
Stat^jsman, '2,800... Mayanuez, 1,428
Delivery.
Melitety.
July
Aug.-Sept
The
'
9,
1880.
market has been quite active since the re-openingof business on Tuesday. Sales have exceeded 20,000 bbls. per
day. The demand has been largely for common and medium
Fancy
grades for eiport, and these have unproved most.
brands for the home trade have continued neglected. The
products of spring wheat were in especial favor, and were
found to be quite scarce. To-day the market wa.s firm and
Rye flour has declined, in sympathy^
active, but less buoyant.
with the grain, but com meal haa continuecl firm aud indamaud.
flour
—
:
:
.
:
THE
62
(;HB,0N1(.^LE.
The wheat market has shown nnasaal activity and buoyancy.
Reports of injury to the growing crop in the West and Northwest have been current, and there is no doubt that some damage has been done by recent storms and flood.*). At the same time
the export demand has been urgent for immediate shipment.
Beoeipts at the West were comparatively small, and the visible
snpply rapidly diminished. There was, consequently, a revival
of speculative confidence. The advance has been most decided
for spring wheat, which sold yesterday at |1 11@|1 12 for No.
The business in No. 2 red winter yesterday was at $1 21®
2.
Jl 22 on the spot, fl 16@|1 16% for July, |1 10@|1 11 for
August and fl 09@$1 0954 for September; and No. 1 white
sold at $1 16^@fl 17 on the spot, fl 14?6 for July and $1 08>^
for August. To-day the market was excited. No. 2 Western
•winter selling at f 1 29 on the spot, $1 19 for July and |1 12®
91 14 fot August.
Indian com has been active, but at barely steady prices for
parcels afloat. For future delivery, however, there was some
improvement. No. 2 mixed closing last evening at 49'%@i9%e.
for July and 49^c. for August; No. 2 white sold yesterday at
63j^c.
To-day there was a decline of ^@}ie. from yesterday's
figures.
I
1879.
1880.
1877.
Week
Week
Week
July 5.
81,475
July 6.
65,310
July 7.
59,084
285,227
650,388
279,275
222,150
331,847
261,172
4,483
6,649
94,702
222,533
216,107
Flour
bbls.
Wheat
bush.
291,485
988,.569
357,897
26,587
44,703
Bye
1878.
Week
July 3.
93,004
Goto
Oats
Barley
Vol. XXXI.
11,1.37
19,624
6.303
17,749
1,709,211
1,236,651
Total
826,301
557,394
Rail and lake shipments from same ports for la-st four weeks :
Ck)m,
Floor,
Wheat,
Oats,
Barley,
Week
Bye,
bush.
bbls.
bush.
138.021 1,210,195 4,140.576
59,815 1,833,194 4,171,005
121,784 2.750,547 4.290,584
104,397 2,102,990 4,036,760
•ndinc—
July
3
June 26
June 19
June 12
7,907,926
Total, 4 w'ks.424,017
4weeks'79.. 480,927 4,895,982
*
16,638,925.
t
bush.
bush.
603,621
605.767
443,329
778.474
26,587
13.414
20,318
28,732
2,431,191
2,172,912
t
bush.
44,703
34.700
28.171
44,867
89,551 152,441
76,380 229,966
10.226,596
Receipts of flour and grain at seaboard ports for the week
ended July 3:
Wheat,
(3om,
Barley,
Flour,
Oats,
Rye,
Mr—
New York
bush.
bush.
bush.
bbls.
bush.
74,230 2,098,2811,885,428 265,750
38,518 293,570 407,465 73,050
5,500
2.850
1,500
186,480 210,359 17,569
8,587
13,560 259,000 991,600 52,000
10.412 739,500 454.150 20,600
20,128
150,735 27,980
5,130
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
bush.
23,902
1.000
3,500
Rye has continued dull and prices are again lower; shippers
153.287 3,596,959 4,108.237 458,449
28,402
Total week
say they can pay only 80c.
Cor. week '79. . 145,347 1,174.2 19 1,863,772 365,466
6,380 47,400
Oats have further improved, checking, however, the regular
And from Jan. 1 to July 3, inclusive, for four yeare:
trade. Yesterday there was'a brisk speculation in No. 2 mixed,
1880.
1879.
1878.
1877
bbls.
4,532,023
5,064,760
4,225,187
3,303,568
at 36%@36c. for July and 33j6@33'^c. for August. To-day FJonr
the market was dull, and No. 2 graded was quoted at 36c. for Wheat
42,698,543
35.696,948
bush. 41,923,276
5,031,116
.
mixed and
Oom
39e. for white.
The
following are closing quotations:
ORAIN.
nxJDR.
«bbl. $2 65« 3 25 WheatNo. 2
No. 3 spring, 9 ba.$l 05 »107
3 75® 4 00
winter 8ui)erflne
No. 2 spring
1 12 ®1 14
3 50'» 3 80
Spring superfine
Amber winter ... 1 15 ®125
BprinK wheat extras.. 4 10® 4 40
Red winter, No. 2 1 28 ®129
do XX and XXX... 4 50® 6 25
White
112 ®118
Winter sliipp'KCXtras. 4 25® 4 85
No. 1 white
117 ®1 17'2
do XX and XXX... 5 00® 6 50
46 ® 49»ii
FatenM
5 50® 7 SO Com— West, mixed
West'n No. 2, new
49>4® 49 Is
4 60® 5 00
Weatem '-rye mix".
West, yellow, new
49 ® 51
City slilppine oxtriu. 4 40® 5 50
Boutliem, bakers' and
West, wlilte, new
50 ® 53
family brands
5 25® 6 50 Rye
80 ® 85
Sonth'u stiip'g extras. 4 60® 5 00 Oat«— Mixed
33 ® 37
White
36 ® 43
Bye flour, Bupertine.. 4 40® 4 80
Barley— Canada W.
Com meal
.
2603 290
® 3 15
We8tem,A«
Brandywlue, Ao
State, 4-rowed...
State, 2-rowed...
95
Flour,
aill(Sago
MUwaukee
IViledo
Detroit
Cleveland
St Louis
Feorla
Duluth
Total
•ame Ume
Wheat,
Com,
'79.
126,014
92.606
Total receipts at
for four years:
Flour
bbls.
Wheat
bosh.
Cora
Oata
Barley
999,349 3,482,303
968,692 2,263,528
Total irrain
1 to
5,740
4,000
24,300,237
77,989,029
31,062.064
47,628.227
15,60">,578
14.43-i,782
2,331, 159
1,599,631
20,763,779
40.520,293
12,786,214
2,855,948
1,925,103
97,079,863
93,857,337
1878-79.
6,010.067
1,604
3,525
38.310 23,456
24,2i4 52,775
July
3,
inclusive
1877.
2,050,363
8,306,338
.35,937,610
9,714,436
2,651,389
906,563
57,521,733
same ports from Aug.
41,933,70«
8,657,288
1,831.347
611,372
132,261.810
119,896.983
111,593.170
58.064.829
Total for w'k
'79.
Cora,
bush.
sVheat,
bbls.
Boston
Portland
Montreal*
Philadelphia..
Baltimore
bush.
1,779,416
Rye,
Oats,
boah.
bush.
Peas,
bush.
90,476
2,103.610154.744
277.215 10,571
7,253
1,813
5,290
310,633
407.769
373,360
310,333 191,467
712,981
1,195
313,360
1,000
2,848
35,825
90.218
89,701
2,901,654
1,352,878
4.017,499 358,977
3,200
3,033,940
2,848
86,350
35.825
43,503
56.559
19,303
-
Barley, 2,108 bush.
visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboara
ports, and in transit by lake, rail and canal, July 3, was as
follows
Barley,
Wheat,
Com,
Oats,
Rye,
In Store at—
New York
Do. afloat
(est.).
1
1876-77
4,709,055
bush.
1,520,213
360,000
Albany
516,805
3,571,468
Duflalo
Milwaukee
Duluth
479,400
59,000
134,484
212,672
30,000
296,019
290,344
102,787
117,654
414,004
Toledo
Detroit
St. Louis
Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
On
On
On
rail
lake (eat.)
canal (est.)....
June
5. '80
5, '79
bush.
bush.
bush.
440.977
348.000
26,000
623.116
430.000
82,000
7,176
460.580
9,100
25,425
29,581
30,378
83
3,667
1,019
543
651
5,023
1,095,339
3,390.410
26,100
136,000
316,163
8,941
50,000
289,082
248,392
1,30,255
61,081
16.725
133,062
bush.
88,614
62,700
73,367
10,000
30,000
4,600
16,300
13,900
392
1,451
1,987
1,511
127,053
34,500
45,259
4,064
5,705
357,897
216,000
26,587
14,703
16,733,218 2.823,762
18,097.790 3,080,549
17,564,027 2.802,793
18,315,647 3.202,848
19,580,25716,407.750 2,945,803
12,184,153 11,547,230 1,581,995
235,772
280.180
293.426
376.260
436,558
366,334
211 .334
116,621
702,986
167,234
14,700
102,800
74,813
76,037
336,042
532,267
291,485
988,569
1,322,000 4,800,000
2,121,000 2,871,000
Total July 3, '80. 12,264,920
June 26, '80
13,913.310
June 19, '80
15,550,196
June 12, '80
17,933.556
July
1877-78.
5,687,615
60,946,101
10,125,254
2,391,042
3,433,825
Flour,
From—
New York
Oswego
1878.
2,915,221
1379-80.
5,239,350
....
62,955,731
10,755,742
1,431,477
2,005,490
Exports from United States seaboard ports and from Montreal
for week ending July 3:
Chicago
1879.
3,275,531
121,603,616
Totalgrain
75,541,619
12,409,688
1,584,267
802,960
The
Barley, Rye,
bush.
bush.
(48 lbs.) (56 lbs.
16,464 13,427
12,106
4,900
1880.
2,89^,535
Total receipts (crop movement) at the
to July 3, inclusive, for four years:
..bbls.
574,382
470,467
same ports from Jan.
2,523,236
1,125,536
Rye
Floor...
Oata,
Rye
*
Receipts of flour and grain at Western lake and river ports
for the week ending July 3, 1830
bbls.
bush.
busli.
bush.
(196 lbs.) (60 lbs.)
(56 lbs.) (32 lbs.)
43,532 126.109 2,2S3,531 236,093
38,H0O
46.727 128,099
28,950
330 110,838 295,723
14,857
4,681 116,047
6,421
5,872
9,900 106,650
2,895
18.500
19,954 491,816 437,415 126,010
5,745
2,150 232,600
94,100
2,150
14,390
81,163
Oats
Barley
Same time
Peas—Can'da.b.Af.
82
(From the " Neio York Produce Exehange Weekly.")
At—
.
800
14
4,000
237,986
234,065
250.135
301,486
428,074
THE DR7 GOODS TRADE.
Friday. P. M.. July 9, 1880.
Business opened quiet the past week because of the intervention of holidays, but the market has exhibited a little more
Bye
animation the last few days, owing to the arrival of a good
Total grain .... 253,721,997 219,306,925 193,299,428 144,534,818 many Southern and Southwestern buyers.
Operations in fall
Comparative shipments of flour and grain from the same goods have been comparatively light, but there was a moderports from Jan. 1 to July 3, inclusive, for four years:
ately-increased demand for staple cotton goods for early distrib1880.
1879.
1878.
1877
JBOOP
I>bl».
2,702,415
3,442,674
2,954,800
2,070,606 ution, and, though purchases were individually small, a fair
aggregate distribution was effected by the package houses. In
buab. 27,087,485
Wbeat
27.771,852
22,080,243
8,798.930
Com
62,256,235
41,620,06«
39,946,331
29,266,615 woolen goods there was no movement of importance, clothing
12.093,989
Oato..
10,887,693
8,135,104
7,181,615 woolens having been quiet and flannels and blankets inactive.
Barley
1,612,704
1,998.406
1,544,939
1,996,477
1.002,864
Rye
1,435,057
1,583,342
762,802 Prices are nominally unchanged, but it is highly probable that
TotollcnUn.... 104,053,277
83,713,074
73,280,969
48,006,439 lower qootations will be made on various makes of both cotton
Rail shipmenta from Weetem lake and river ports for the and woolen goods as soon as buyers manifest a disposition to
Wbeat
lra»h.
Com
Oats
Barley
weeks ended
86,684,687
122.490,659
30,079,012
10,390,115
4,077,524
87,160,830
87,098,622
30,398,594
9,492,905
4,555,974
73,249.020
81,615,909
25,197,771
9,334,808
3,901,920
37.699 323
74.886521
20.760 223
8 424 '239
2,764' 572
commence operations
for the fall trade.
.
July
.
..
THE (CHRONICLE.
1880.]
10,
Domestic Cotton Goods.—The exports of domestics from this
port during the week ending July 6 were 2,704 packages, distributed as follows Great Britain, 1,607 ; Brazil, 390 ; VeneU. 8. of Colomzuela, 209 ; Mexico, 208 j British Honduras, 109
bia, 71 ; British West Indies, (>2, and some smaller lots to other
markets. Brown cottons were only in moderate demand, but
bleached goods were a trifle more active, and there waa a
steady hand-to-mouth demand for colored cottons, in which
:
;
Prices
denims, ducks, cheviots, &c., participated.
of plain and colored cottons were somewhat unsettled, and
Amoskeag tickings were reduced ^c. per yard; but other
goods (though favoring the buyer) were nominally unchanged.
Print cloths ruled quiet and steady at 4c. and 3}^a. for 64x64s
and 56x608 respectively. Light prints were almost neglected,
53
iC«celpts or Leading .krtlclea ot Domestic Produce.
The following table, based upon daily reports Aade to the
New York Produce Exchange, shows the receipte 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 from January 1, 1880, to that day, and for the
corresponding period in 1879:
Week ending
tickings,
July
Ashes
6.
32
459
bbls.
bbls.
liciiug
linindstiiffH—
Flour, wheat
Since Jau.
1880.
1,
2,273
27,390
bbls.
bbls.
70,140
bush.
bush.
2,259,470
10,2.'iO
.V26.731
bcsli.
Com
but there was a moderate inquiry for medium'and dark prints,
bush.
Oats
bush.
accompanied by some business.
Hurley and malt
bush.
Peas
Domestic Woolen Goods. There was a strictly moderate
bales.
demand for clothing woolens, but prices were fairlj/ steady on Cotton
bbls.
Cotton seed oil
the most desirable fabrics. Fine cassimeres and suitings were Flux 8ee<l
bags.
bags.
taken in small lots at regular prices, and low and medium Grass seed
No.
Hides
grades were moved in moderate parcels by means of slight con- Hides
bales.
cessions. Worsted coatings remained inactive and overcoatings HoiM
bales.
sides.
were slow of sale. Cloakings were opened by some of the lead- I-cather
pigs.
Kentucky jeans Ixiiwl
ing agents, but busine.ss was only moderate.
Molasses
bnas.
were a little more active, but buyers are operating cautiously Molasses
bbls.
as yet. For flannels and blankets the demand continued light, Naval StoresTurpentine, crude
bbls.
and there was a limited inquirv for carpets. Worsted dress
Turpentine, spirits... bbls.
goods were more sought for by large buyers, and fair orders
bbls.
Rosin
were placed for special nmkes now in process of manufacture.
bbls.
Ti»r
bbls.
Pitob
FoRBiON Dry Goods. There has been no improvement in the
Oil
cake
demand for imported goods at first hands, and it is probable Oil, lard
.Tbbl
that business will remam quiet in this branch of the trade until Oil, whale
galls.
importers are prepared to show new autumn goods. Staple Peanuts
Dusb.
Provisions—
fabrics are generally steady in price, and stocks of fancy goods
pkgs.
Pork
are now well in hand as a rule, price concessions having enabled
pkgs.
Beef
holders to close out their accumulations.
pkgs.
Cutoieats
pkgs.
Butter
Imporlallona of Dry Goods.
pkgs.
Cheese
The importations of dry goods at this poi-t for the week ending
bbls.
Eggs
Lard
tos. &bbl8.
July 8, 1880, and for the corresponding weeks of 1879 and
Lard
kegs.
1878, have been as follows:
mo.
Hogs, dressed
ENTERED FOR OONgUHITION FOR THE WEEK ENDING JULY 8, 1880.
1,616,600
26,276,199
6,980,470
2,233,706
301,307
463,422
29,835
11,566
64,912
83,361
<*om meal....
Wheat
Hye
—
—
1879.
1878.
Pkgs.
Pkgs.
Value.
Pkgs.
Value.
Value.
Manufactures of—
446
685
406
614
232
178,550
209,263
231.228
2,383
774,164
Wool
Cotton
811k
Flax
UlsoeUaneous
Total
.
118,11!"
36,974
425
1,055
2,37,.590
1,179
44,902
210
3.696 1.101,356
3,823
614
1,355
158
$
708
172,125
303,826
342,913
1,144
Rice
Spelter
Steartne
1880.
284,971
302,741
414,178
186,111
78,910
673
1
,266.911
WITUDRAWN FROM WAREHODBB AND THROWN INTO THE MARKET DURING TUB SAME PERIOD.
Manufaoturee of—
Wool
Cotton
Bilk
Flax
BIlBcellanoous
. .
134
108
26
208
356
58,191
101
51,887!
110
69
177
696
832
19,414
41,912
11,168
42,590
53.916
43,265
28,212
5,929
211
257
62
115
463
95,485
106,899
58,669
26,748
17,818
Total
Ent'd f orcousumpt.
2,383
182,602
774,164
1,153
173,912
3,696 1,101,356
Total on market
3,215
956.766
4.849 1,275,268 4.931 1,572,530
DUKINO SAME PERIOD.
. .
BNTBRBD FOR WAKEHUUSB
V^^f^
slabs.
Sugar
Sugar
Tallow
Tobacco
Tobacco
boxes
Cotton
euk
Flax
Hisoellaneous
211
189
30
127
524
61,478
43,089
26,010
35,153
19,911
316
330
54
244
33
82,594
45,680
27,630
44,731
2,795
1,081
977
203,480
3.696 1,101,356
2,135 551,756
3,823 l,2Uff,911
4,073 1,304,836
5,958 1.818.667
....
Total
Ent'd forconsumpt.
2,383
185,941
774,164
Total at the port.
3,464
960,105
.
629
377
120
341
668
123,935
76,201
85,792
19,807
Bristol
W. Hartlepool
Beef,
Lord,
Bacon,
Cheese,
TaUow,
bbls.
bbls.
lbs.
lbs.
lbs.
lbs.
463
700
1,400
451
S3
144
264
726
50
100
23
297
85,600
1,860,450
71,480
43,250
152,000
Britietiport«.
Havre
Marecilles....
Hamburg
Bremen
Antwerp
Denmark
5
10
200
Btotiin
Medit'n ports
Brazil
Cent. Amer..
208
Mexico
8.4 C. A
Caba
307
330
944
HayO
West
Indies..
British Col...
Other count's
1,590
1,243
Total week
Prey's week
9,054
.
.
837
6..5H9
98
153
105
15
339
76
184
3,948
4,753
1,676,250
418,100
831,400
398,080
227,050
160,900
732,700
20,800
61,683
93,313
5,488
1,000
283,851
24,5.^0
173,807
450
89O.8'20
1,283,965
8,435,493 3,913,994
1,20.1,900 1,146,060
194,850 480.000
191,950 138,240
45,625 311,280
938,050
12,000
915,800
67,000
13,740
394,642
218,500
17,000
258,406
760,300
77,000
234,375
44,800
570,000
35,625
137,506
1,000
583
208
2,000
28,322
4,825
50,907
i'fiio
342
7,312
3,183
13,852
4,920
1,128
4,296
3,592
20,000
335
20,800
3.496
21.417
3,431
2,000
7.360, l«8 14,225,b9o 6,946,444 1.982,293
9.20.H.04:h
16 355.4«H 5 ««7
4 03
470
82
»,625
100
832
2,637
433
24,111
28,890
70,257
7,036
11,943
2,834
1,207
& oases.
bales.
2,606
2,115
2,451
4,512
3,664
545
2,583,938
87,601
21,512,058
1.140.723
20,620,332
5,142.924
1,965,334
226,545
424.362
13.838
3,311
94,850
107,007
84,682
34,653
2,191,155
435,936
4,941
41,814
75.397
2,161
44,307
185,552
11,378
1,328
33,547
160,292
13,471
30,6W
10,197
2,111,345
101,827
944
1,241
365,610
3,365
181
53,143
247,032
11,458
90,037
20,059
928,516
656,444
831,666
366,985
364,513
90,675
40,674
37,813
27,363
11,146
91
8,028
61,579
84,069
37,443
178,083
39,370
163,151
22,607
968,413
703,580
862,766
291,401
472,848
29,971
49,869
21,412
61,595
17,927
e2,9«2
l,10«i
29,347
57,051
81,2S6
37,998
159,284
66,642
July
Ashes, pots
Ashes, pearls
6.
bbls.
bbls.
lbs.
Since Jan. 1
1880.
Same time
last year.
627
1,041
131
54,878
28,238
80
Breadstuffs—
Fork,
1,681
112
3,137
10,486
Week ending
Flour, wheat
Flour, rye
Corn meal
Wheat
Rye
Barley
Pea».
Com
tons.
bales.
.pkgs.
bales.
bales.
4.164.002
Naval StoresCrude turpentine
Spirits turpentine
Bosin
Tar
Pit<fli
Oilcake
Oils—
bbls.
bbls.
bbls.
bush.
bush.
bush.
bosh.
bush.
bush.
pkgs.
Oats..:
:
Uverpool
Glasgow
692
348
77,012
2,346
3,701
39,840
responding period in 1S79:
Exports of Provisions.
CoaL
The following are the exports of provisions from New York, Cotton
Boston, Baltimore, Philadelphia, Montreal, Portland and New Domestics
Hay
Orleans, for week ending July 3, 1880, and their distribution
Hops
London
2,471
2,145,158
62,625
22,572,902
last year.
Bzportaol lieadluK Articles of Domestic Prodaee.
The following table, based upon Custom House returns, show*
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the export!
from the 1st of January, 1880, to the same day, and for the cor-
Candles
To—
48
200
428
'354
bbU.
Beeswax
Wool
552
6,979
"76
1,108 305.619
3,&23 1,266,911
Mauufactures of—
75,032
?bbls.
hhds.
'
240,1-^0
pkgs.
hhds.
pkgs.
Whiskey
Wool
665
Same ttoM
„. ..„
Wbale
Bperm
Lard
Linseed
Petroleum
Provisions—
Pork
Beef
Beef
Cutmeats
Butter
Cheese
Lard
Rice
TaUow
Tobaeeo,leaf
bbls.
bbls.
bbls.
bbls.
bbls.
ewt.
gals.
gals.
gals.
gals.
gals.
102,288
6
3,117
1,972,255
104,045
4,184
2,462,555
66 L
2.151
10,397
2,704
4,583
3
58
10
41,384
30,827
38,051
850
5,113,337
5,418
1,280
11m.
lbs,
lbs.
9,153,391
215,061
2,926,173
6,300,484
lbs.
hhds,
Tobaceo
bales and oases.
Tobacoo,maaafactured. lbs.
Whalebone
lbs.
943,655
282,232
262,636
200.516
22,468,581
32,133
26,470
341,736
51,953
64,353
1,900
1,529,017
3,789
86,923
23,203,452
2,213.865
338,620
101,770
192,670
17,821,007
33,365
42304
140,210
70,281
32,361
13,502
100
1,460
6,585
bbls,
bbls.
tierces.
lbs.
bbhi,
1,930,093
2,289
88.120
28,283,353
432
248
2455,016
958
432
57,903
12,395
131,584
4,075
3,374
2,704 024
5.393
103,211
4,112
3.013
917,349
69:907
206,008
410,351
51,433
117,286,888
138,349
93,645
673,402
6,017
105,116,024
130,420
33,451
34,060
305,551,610
13.012,296
46,013,136
153,238,021
10,214
45,352,367
32.989
21,952
3,418.477
52,855
127,789
27,361
31,078
333,428,615
16,875,284
57,044,767
141,805,162
8,978
38,/ 84,7 19
25,772
13,845
3,695.068
81.91«
:
THE CHRONICLE.
54
&
WM.
Co.,
SI
INVESTMKNT BBCURITIES.
Qasllslit Stocks.
Howkll,
BBOADTVAV AND
«8
17
NEW
Jas.
li.
Anthony. Member N. Y. Stock Exchange.
Pook.
Member N. Y. MlnluK ExchVe
ANTHONY, POOR & OLIPHANT,
BAXKER8 AND BROKERS,
No. 19 Broad Street, Neiv York,
JDevnnaliIre Street, Beaton.
B0Y AND SEI>L0X CoMMISaiO.V all SECI'KITIRS
cukkkst at tue n«w vokk stock kxrhangk.
Allow Inteuest un Deposits. Make Advancub
Life Insurance
^VAWTED
MISSOURI and ILLINOIS DEFAULTED COUNTY BONDS. Highest marke"
price paid for them.
address,
Give
full description,
li. A. COaVARD,
BANKER AND BROKER,
134 N. Tbird
Louis,
stre«t, St.
N. T.
and
Mo.
Beers, Jr.,
BROOKLYN SECURITIES, CITY
Gas Stocks,
ON Approved Collateral.
No.
H. Smith,
PLACE, JiEW TOBK.
for the paat 10 Years;
all
A SPECIALTY.
Investors or Dealers wishing to buy or sell are
invited to comlnunicate.
btate, Mtinlclpal and
Kaflway Uanda and Coapona bought and sold at best
Market Rates.
H.
L. Grant,
John
BONDS
CASH CAPITAL
%Wi middle
6
Examine the new form of Policy Issried by
United States Life Insurance Company before
suring elsewhere.
After the premlnras for three or more years hav
been paid, upon receiving the required notice from
the assured the Company will continue the Policy
without further payments, for Its KUI^L
I?.!'"'''*
i ACL. lor such a period as the ENTIRE RESERVE
will carry it.
Should the d ath o' the Insured take place during
the continued ttrm i,f insurance as provided for
above, the full lauc of the Policy will be pald-nff
deduction being made for foroborne or unpaid
premiums, excepting in the event of the deatt
occurring within three years after the Ortgina
default.
The new form of Endowment Policy provides :if theKNTIitE KE.SKKVE is a^n-eater sum
than the single premium required to carry the full
amount of insuranLii to the end of the endowment
term, the excess shall be used a.s a single premium
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to the policy-holder
In every event the full value of his Reserve.
NO SURRKNDKlt of the Policy Is required only
a notice from tlie policy-holder, on blanks furnished by the Company.
;
AFTER THKKE YEARS. ALL RESTRICTIONS
CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thoa
making the Policies, after three years, INCONand
r
RAUI).
ANY CAUSE, EXCEPTING
The Company will, upon
Co.,
application, send Circu-
lars giving full particulars.
Office of Middle Department, Boreel Bulldlnjr
No. 117 Broadway, N. V., Henry W. Baldwin, SupT.
$300,a»„
MARINE AND FIRE IN.SVBANCE.
COMMERCIAL
Mutual Insurance Co.,
Street,
Dealers In Government, State, County, City, ^nd Hallroad Bonds, Bank Elgcks, Ac.
Desirable Investment Securities constantly oa hand
Nos. 57 and 59
WiUlam
INSrREB AOAIMST
RISKS.
1,
1880
BANKER AND BROKER,
ST., NEIV YORK,
W. IRVING COMES,
HENRY
Dealer in Inveatment Securities.
Ordera executed atthe Stock and Mining Exchanges.
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
loWB and Nebraska.
Correspondence solicited and full information
ven on alt classes of bonds and stc cka.
f\u\
PAHIS, 1878,
OF
303-404- 70-36 -332.
1
threughout the vorld.
NewTork.
Company
NEW YORK,
OFFICE, 119
1
Joseph Gillottfi; Sons,
KING, Treasurer
Insurance
CeUbrattd Numters,
ana his other ttylet may be had of all dealers
D.
HOME
$*ttj5»
GOLD MEDAL,
JJis
BROADWAY.
Flfty-Tbird Semi-annual Statement,
SHOWING THE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1880.
CASH CAPITAL
cf^ Co.
BANKERS.
Net Surplus
STREET,
Cash Assets
SUmiHARV OF
UTUAtLlf
Transact a General Banking Business, Including
he purchase and sale of STOCKS and BONDS for
aab or on margin.
Bny and Sell Investment Securities.
BOX
IHmNCECOMl'
2.947.
D. Probst
H.J.' Morse
—-—
&
Co.,
J.
STOCK AND BOND BROKERS,
No. 52 EXCIftANGK
Ke.«erve for Re-Insurance
Reserve for Unpaid Losses
Insurance.
Neir Yorli.
P. O.
PLACE,
President.
WAINWRIGHT HARDIE, Vice-Pres't
(Dkexel Buildino)
A.M. Kidder. Wayland Trask.
$810,804 75
All Risks Written at Reasonable Rates.
BROAD
No. 18 WAI<I>
Street.
MARINE, FIRE AND INLAND NAVIGATION
ASSETS Jan.
Pens.
Steel
N. V.
$4.9S3,296 81
87a,484 06
JAMES BUBLI President.
LIBERAL AND IMPORTANT CONCESSIONS IN
LIFE INSURANCE CONTRACTS.
PORTLAND, Maine,
F. Zebley, Jr.,
....
TBUTfBLB FOR
BANKERS AND BROKERS
ON
John
A»»e»s
Surplus,
Swan & Barrett,
of all irWises of
Comp'y,
261—264 Broadway,
KENTUCKY.
XOXriSVILLE,
STOCKS AND BOIVDS
A
Exchanffe.
W. Norton &
G.
At Auction.
WEDNESDAYS AN!|» SATURDAYS.
ADRIAN H. IHIJL.I.ER
S<NH,
No. 7 riNE PTP-5ET, NEW YORK.
New York ^tock
BANKING HOUSE OF
The Undersigned hold KK<>ULAR 4UCTION
SALES
City
A SPECLALTY
See quotations of City Railroad* In this paper.
and
New York
SOUTHERN SECURITIES
the
States
That
BBOKEli,
State, Municipal and Hallway Monds and Coupons
bought and sold at best market nx^t. Investors or
dealers wishing to Duy or sell are Invited to communicate with us.
NEW YORK.
STOCKS
Manning,
No. 6 W^all Street,
Member of
CITY RAILROAD STOCKS H BONUS
BOUGHT AND SOLD.
B.
BANKEK ANB
BROADWTAY,
No. 14S
&:c.,
NEW YORK.
RAILROAD SECVRITIES
(An inttmate knowledge of
BONDS,
NEW STREET,
1
BANKER AND BROKER,
No. 52 E.XCIIANGi;
The United
All kinds of
Amd S3
Fred.
;
York Stock Kiohange.
Henry w.
JA8. B. Oliphant,
Cash paid af, once for the above Seouritie.^ or
they win be sold on commission, at seller's option.
olasses of
and Miscellaneous
Securities not actively dealt In at the New
Buy, Sell and Cahuy on Margins
Stocks
A SPECIALTY.
ALSO,
Investmeat
ST.,
All Securities dealt in at tUe Exrbanice
Dealing
Railroad 8t*eks and Bonds.
AU
Membera N. T. Stock Exchange,
PINE STREET.
Insurance
Tclesrapli Stocks,
Telephone StoclM,
N. P. IIemdirson,
Bailey,
S.
7
Trust Coinpnnles) Stocks,
Kimball, Howell& Co.,
J. P.
E.
BUYS AND SELLS
Special attontlon to baslneaa of country banka.
H. Kimball.
NOYES,
C.
NASSAU STREET,
BA.NKEK8 AND BR0KBK8,
V 'Wall Nt.. Cor. New, Netv IFork.
XXXI
Insurance.
F^llanef||l.
FliianciRl.
A. H. Brown
[Vol.
NEW
YORK.
Stocks, Railroad Bo.vds, Goverxsie.vts, and
utstbllaniuds securities, bodqht and sold
OF NEW YORK,
iF.S.WINSTON PRESIDEN,
SSUEb EVERr APPROVED DESCRIPTION C
AND ENDOWMENT POIICIE
JNTERMS AS FAVORABLE AS THOSE O
ANr OTHER COMPANY.
CRGANIEED APRIL I2th IS4.2.
.IFE
:ASHASSEIS0YER$80,0Oaop{
$3,000,000
1,841,438
248,764
1,320,785
00
00
81
30
$6,410,988 11
ASSISTS
United States, available for the PAYMENT of LOSSES by FIRE and for the protection of Policy-Uolders of FIRE INSURANCECash In Banks
$Si33,299 29
Bonds and mortgages, being first lien on
real estate (wortn #4.171.400)
1.866.053 00
United States stocks (market value)
3,184.125 00
Hank st<jcks (market value)
200.702 50
State and municipal b'ds (market value)
287,859 50
l,OHns on stocks, payable on demand
(market value of securities $543,592). 418.670 00
Intelest due on Isl January. ISftO
M.870 66
Balance in hands of agents
154,114 87
Real estate
54,125 91
Premiums due and uncollected on policies issued at this office
6.507 38
Held
in the
Total
_^
»e,4I0.988 !1
OHAS. J, MARTIN, President.
J, H. WASHBURN, Secretary.
I
:
*
.
\
JVLY
THE (JHRONICLE.
10, 1880.]
Insurance.
ComnwrMal
§teainskiiM.
Carda.
O \ L, T
E.R.Mudge,Sawyer&Co
AGENTS FOR
Direct Line to France. YVanlilnston .Ttllln,
riilcnpee nik. Co.
OFFICE OF THE
Woolen
Mew^IIU,
Burlluixtoii
ATLANTIC
GENERAL TRAINS ATLANTIC
Eilcrton
CO.
Betiveen Neiv Vork and Havre.
<;o.,
Atlanllc Cotton Kllllii,
Saratoica Victory .Tilt:. Co., ocean nUIa
A M>
UoMlery. Shlrta and Drawer*
'
.
From IMor (new) No. iU
Mutual
Insurance
Co.
Nbw York, Jnnuury 24, 1880.
TUo Trustees, in confonnlty to tlio f Imrter of
the Company, Kiibmit tlio foUowinf; Stiiteriieiit
of Its atTalrs on the 31st Decciiibei',
1870
foot of
Nt)rt.h River,
Morton
»t r«'Pt
Travelers by
itne iivold both transit bjr Bnfrllsli Httllwuy and the <llscuiufort8 of crossinK the
CImnnel In a miiuil bimt.
AMEHIOUK. H..l.mcla... Wed., July 14. lO^SO A. M.
KllANCE, Tiuilellu
Wed.. July ^1, 4:00 I". .M.
CA.NADA. KraiiKuel
Wed, July 2h, 10 P. Jl.
PlllCK
tills
()l<
ud
cabin. *100
$5,371,048 49
have
;
KKHUINAND UK
'Euesday, AuKUst 17
.Friday. sSept. 17
VII.LB 1)K MAItSKll.LKS
ThrouKti bills of lading k ranted, for 8pain, Italy
and Alaerla.
PKfCJC
Atlas Mail Line.
Our Asplnwall steamer.s form
saine
1,524,331 04
The Company has tlie foIlo-wing
United States and State of New
York Stocli, City, Banii-, and
other
840,736 77
Loans eeeiuwl by Stocks, and
1,:22,82G 35
2;J1,1.J5 IG
ccivu'ole
Cashinnank
Amount of Assets
$1J,437,73U 51
Six per cent Interest on the outstand-
Tot.al
ing cartiticates of iiroflts v,-lU bo p.aid to the
holders thereof, or their 1 -Kal reyrcscatatives,
on and after Tuesday, lUo 3d of February next.
paid.
of Forty per cent
is
de-
clared on the net earned premiums of the Company, for the year ending 31st December, 1879,
for which certificates will be issued on and after
Tuesday, the 4th of May next.
By order of
J.
H.
the Board,
Secretary.
Lewis Curtis,
Horace Gray,
Edmund W. Corlics,
John Elliott,
Alexander V. Blake,
Ch.arlcs H. Russell,
Robert B. Minturu,
j£iBC8 Low,
Charles
David Lane,
Gordon W. Bumham,
A. A. Raven,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
Wm.
James G. Do
D. Jones,
Charles Dennis,
W. IL n. Moore,
Stuigis,
Thomas
C. A.
P, Youngs,
Hand,
John D. Hewlett,
William H. "Webb,
Charles P. Burdett,
J.
'
ARRAN
I
&
Russell
Co., China,
Turner
Co.v
'Hanafaciurers and Deaiars
O Box
New
3,909.
York.
Advances made on Constgaments.
Special personal attention to the purchase ajid a&le
or '•CONTRACTS FOR FUTURE DELIVERY
OF
COTTON
Geo. Copeland
&
Co.,
NEW YORK.
Jemison & Co.,
PEARL, STREET,
E.
in
COTTON CANVAS. FELTISa DUUIl, CAR COVER
ING, BAGGING, RAVENS DUCK, SAIL TV; LNB8
*C. " ONTARIO SKAMUKI^S BAGS,
S.
BANKERS
AND
COTTON .COMMISSION MERCHANTSNo. ID Old Slip, New York.
'
"AWNIJIG
STKIPliS.'
MOODY & JEMISON, Galveston,
Also, Agent*
United State« BtmtinK Companj.
(311
BUpplj
all
Widths and Colors always
in stocl,.
Wm.
No. 109 DDRnr Strrrt.
&
Texas.
Felix Alexander,
COTTON BROKER,
Bro.,
AVGDSTA, GEORGIA.
Entire attention given to purcbaie of COTTON on
tor SPINKEK8 and EXPORTERS
ORDER
COEBBBPOSDKNOK SOLICmD.
References :— National Baafe of Augusta. Georins
Henry Hentz & Co., Commission Merchanu. N«^.
York: William B. Danad; Co., Proprietors Cb«n«JiW
ciAL AND Financial Chronicle, and other New
yoilt Ilou^et.
railiUVARD'S
400
HELIX NEEDLES
BROADWAY.
Wire
Parisot
YORK.
NljiW,
"R ope.
STEEL AND CHARCOAL
IRON of superior quality
mil forSliips' Hii-ging.Sas.
i'cnsiuu IlridKcs. iJurrick
(Juys. Kerry K<. pes. .Vc. .v
suitable
for'Ml.VKG
HdlSTING
AND
PURPOSES
Inclined PUlnos, Transmission of Power. Ac. Also,
charcoftl
fjiilvanizert
Collins,
L. Rikcr.
D. JONES, President.
and
l;i:u'>'
stock ConstulUly
0(1
h;i]iti
from which any
ite-
sii'ti
lengths
lire
cut.
Kul'ES for .Mining purposes manufactured to ur.
-
mVson
df
CO.,
Campbell,
VICKSBVRG, miss.
Orders to Purchase Cotton In our market sOMctted'
Refer to Messrs WOODWAllIl A STILLMAN
New Yort.
Tohn F. Wheless
'
^3 Broaduar, Neiv Vork,
&
Co.,
COTTON
COMMISSION MKlRCHANTS
FLAT STEEL AND IKON
JOHN
&
potton Factors,
Henry
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d VicoPrcsidcnt.
A. A. RXtES, 3d Viee-Presidoot
182 Pearl Street,
F.
13a
kinds of
all
Farley,
FINANCIAL ACENTS
COTTONSAILDUCK
And
H.
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
COTTON BEOKEKS,
Charles D. Loverieh,
William Bryco,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
Willi,am Degroot,
John
W. &
H.
BrinckerhofT,
&
OR-
DERS FOR FUTURE CONTRACTS.
:
COM.MISSION Merchants and Ship Agents,
Houar Kouff, Canton, Anioy, Foockow, Sllanffhai and llnukow.
Agent in America, S. W. POMEKOT, Jr.
New York Office, SB Wall Street.
Boston Office, 44 CKNTral Street.
•
TORK.
Special attention given to the execution of
ICl.ARIBEL
July 14
July 22
NEW
:
=^
Haiti and Mahacaibo
For
—
:
Marshall,
Forest,
Frederick Chauneo}-,
Adolph Lcmoync,
Benjamin U. Field,
Josiah O. Ix)w,
WUliam E. Dodge,
Royal Phelps,
II.
For PoHTo Rico
Georg;e A. Clark
TKVSXEES:
J.
J acmel
ANDES
Commcrciul Curds
A
CHAPMAN,
I
accommodation tor tlrst-class passeugers.
For freight or passaKe upiily to
PIM, FOBWOOD & CO., General Agents,
No. 37 Wall Street.
V-ttf per cent or tlio Oattitandlns
Ccrtiflcates of tlie issue of 1S7C, will be
redeemed and paid to tlio holders thereof, or
their legal representatives, on .and after Tuesday, the 3d of February next, fro-.;i whleh date
Interest on the amount so rodc.emabio will
cease. The ccrtlfieatcs to bo produced at the
time of payment, and canceled to the extent
COTTON BROKERS,
123 PEABL STREET,
:
July 82
July 21
KTNA
00 H0US8A
Superior
500,000 00
Mohr, Hanemann& Cj.,
:
ukeytown
ATHOS
ALPS
1,307,900 00
otherwise
Real Estate and elnima due tlic
Can::!any, estimated at
Prcnitvai Notes and. IslUs Ke-
A Dividend
—
-i ATLAS
For Kingston, Sava.mlla and
For Port a'u Princk. a ux CArES and
Assets, viz.:
$8,87!5,558
Stoclis....*.
close connection at
the steamers of the Pacific Steam
Navigation Company, beinc the quickest and most
direct service between New York and the west coast
of South America. Sal fruiu pier 51 North River.
For KiNGSTO.N, 8a VANILLA and Caiithagena
Panama with
AILSA
Setuias of Premiums and Kxpeuscs
Tork.
MoHK. CLEMENS Fischer. H. W.Mankhank
Son of J. T Ilanemann
late of Knoup, Uanemann A Co
Wii.
3,875,10126
New
Cotton.
Bowllus Green.
'.
Losses paid dm'Ing the
period
No. 11 Old Slip,
:
steerage, »32.
LOUIS DBBEBIAN. Agent,
olF frota Ist
bcr, 1979...
t.<*i8KI'^
OF PAS8AGK TO DUIECT PORTS
Fire dlfcoimeetert witli Mailne
Risks.
January, 1879,to31st Decom-
Chestnut STuerr.
mediterranean Service.
upon Life Risks; nor upon
Premiums marked
830
suit.
First cabin. »I0O
issued
Ijccn
9TBRT
IS CHAlTNCir
PIllLADEI.PHIA.
W. DAYTO.V.
in
Steamers will leave New York direct for Bordeaux
and Marseilles every muni li us foUows
Saturday. July 17
CALIJKRA
Polleies
BO.ST0N.
WirlTK STIIKKT,
Steenige,
»80.
und ntensUs.
Keturn tickets at very n-duced rates.
Checks drawn un CredU Lyonnais of Paris
Risks, from 1st .lunu.ary, 1878,
to 31st December, 1870
$3,090,066 ."58
Premiums on Policies not miirljedoff 1st Jammry, 1879
1,671,981 91
miums
J.
^
Mills.
I'ASSAuK.dncludlnii wiuc;.
To Hiivre— Klrst
amounts tu
No
„ ^
43 &4S
iTom Various
YORK,
|2H, Inuludlntf wine, beddtnt;
Premiums received on Marino
Total amount of Marluo Pre-
NEW
NASHVILLK, TENNESSEE.
Cone-
Special attention given to Spinners' orders.
apondence
»->llcti«d.
......
„ _
RKrEK»vcK8.-Thlr« and Fourth NaUonal .Baak;
•" »
and Proprleturjof TmtCBEoNioLi.
,
,
IHK CHRONICLE.
VI
&
Stillman,
SEAMBN'S BANK BUILDING,
74
Jfo».
&
Cotton.
INMAN,SWANN&Co
Robert Murdoch,
COMMISSION MERCHANT,
COTTON
COMMISSION MERCHANTS,
T6 Wall Street,
NEW
TORK.
GENEBALCOMMISSION MERCHANTS
I.OAN8 KIADB ON ACCEPTABLE
Cotton Exchange Building,
New
101 Pearl Street,
7ork.
SECVRITir.
rfor the purchase or sale of contracts for future
SOUTHERN SECURITIES.
dellTery of cotton.
&
Henry Hentz
Co.,
&
P. Billups
J.
GENERAL
Co.,
COTTON
LXBMAir,
New
Sonth WUliam
St.,
New
Noa. 74
York.
Adrances made on ConslRnments to
nieura. JAIRES FINLAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
MIso execute orders for Merchandise throuRh
raeun. FINLAY, laVIR & CO.,
CALCUTTA AND BOMBAY.
yUTURK CONTRACTS FOR COTTON bought
and sold on Commission
In
TS Wall
Bank
NEW
ll
ZBAAAM A
40
New
BABCOCK BliOTHERS *
90 Wall Stbxzt.
COTTON FACTORS
CO.,
iETNA
Insurance
&
Tainter,
COTTON ITIERCHANTS,
COMMISSION MERCHANTS, GENERAL
97 PEARL STREET, NEW YORK.
*
140 Pearl
&
Dennis Perkins
New
street.
York.
Orders for Spot Cotton and Futures promptly exe*
onted
Whiting Paper Co.,
HOLIOKE, MASS.
^
R. M. Waters
&
Co.,
COTTON COMMISSION MERCHANTS AND
BANKERS,
S4 BROAD STREET, NEIF YORK.
Banlcers* Ledger and
&
COTTON,
STOCKS,
WILLIAM STREET,
25
BONDS,
NEW YORK.
Hknbt
Ware
&
WonKS AT
York.
The
" Obient.'
Atlantic
&
James F. Wenman & Co.
COTTON BROKERS,
Ko. 146 Pearl Street, near UTaU, N. Y.
(I
Bennet
n TonUne BnUdl&s) IMl.
&
Foulke,
coniHissioiv siERCBAirrs,
Ml PBABL STREET,
NEW YORK.
Special attaaUon tlvan to the ezecntloa of orders
or the parohaae or sate of Contraoti (or Future
!
(6,914,147 79
. .
.
4,888,683 85
IV. G.
CRENSHAIW, PreaH,
&
Iselin
Co.,
MEMBERS CHICAGO BOARD OF TRADE.
OPTIONS BOUGHT AND SOLD.
NEW YORK
J. J.
OFFICE,
CONRAD &
ST.
ASTOU,
Col.;
Esq.
MANAGERS,
54 firUUain St.,
New York.
Liverpool
London
&
& Globe
Insurance Company^
|
45 William St,
JAUES
E.
HENRY
PCLSFOBD, BesidentMannger.ll
W. EATON, Deputy Manager.
GEO. W. HOYT,
Aast.
Dep uty Manager.
BvKKA TISTA and QUKDallas and Houston, Tex.
the"OrisinBl Budwelser."
Trademark registered
Lyormnercial
CO.,
LOUIS.
Branches In LxADriu,a,
HI80N Crrr,
:
CHAS. E. WHITE, SAM. P. BLAGDE>,
Orders left with HessnT ISELIN & BARKER
No. 14 Broad St., win receive immediate attention.
Sole Proprietors of
Co.
BROADW^AY.
No. 35
C.
Ins.
SOLON HTJMPHKKYS, Ch'r'n,(B. D.Morgan & Co
DAVID DOWS, Esq. (David Dows & CoT)
E. P FABBRI, Esq. (Urexel, Morgan * Co.)
Hon. S. B. CHITTENDEN.
EZRA WHITE. Esq.
Office
CBXNBHAW WAREHOU8S,
John H.
British
EONDON AND EDINBVRI.H.
Riobmond, Va.
BBATBR STREET, NBUr YORK.
. .
Mercantile
Virginia
And want a Kood working a^ent in every thriving
ootton-growing county. Apply (with reference) to
con-
COTTON BROKERS,
i«Ur(tT.
&
« ORIENT COMPLETE MANURE."
WALTER & KROHN,
asUblUhed
EuaxKA"
I
tltcnments.
S3
North
Ammomiated Bone Sdfgbfhosphate of Lihe,
AND
for the purchase or sale of contracts for future de-
made on
losses, etc
1879.
$8,000,000 00
1,617,189 P5
251,499 CO—
NET bUR'>LTJS, Jan. 1, 1819.. $2,04S, 468 94
Ko. 3 Cortlandt St., New York.
JAS. A. AL]SX.\NDER, Agent.
offer their standard brands
Special attention paid to the execution of orders
llTcrr of cotton. Liberal advances
CO.,
Fertilizing Co.
COTTON COMMISSION MERCHANTS,
New
'
OBIBNr, L.
Schroeder,
111 Pearl Street,
WHITnORE &
D.
BEEKMAN STREET, NEW YORK.
&c.,
GlLLlAT SCHROXDKB
H. Wake.
Unpaid
...
NEW TORK
AGENTS:
45
Orders In " Futures" executed at N.Y.Cotton Exch.
Re-insurance fund.
United Stales Board of Manageaient,
Plated Papers.
Bond Papers.
JAKES
Co.,
Record Papers*
Machine Hand-Made Papers.
Antique Parchment Papers.
Special attention given to investment securltle
H. Tileston
1,
Capital...
]Hi§ceIlaneou§.
Co.,
COTTON BROKERS,
IIT Pearl
Future ** orders executed at N. Y. Cotton Exch'ge
Y.
Btrert, N.
Company
OF HARTFORD.
Total Assets, January
Waldron
AND
York.
ln§urHnce.
COMMISSION MERCHANTS,
IT Water Street, I.IVERPOOI.,
Receive consignments of Cotton and other Produce,
and execute orders at the ExchonKes In Liverpool.
Represented In New York at the office of
EXCHANGE PLACE.
brdera (xecated at the Cotton Exchanges In New
York and .^i>erpo*l aad a4vtae*s made on Cotton
and other produce consigned ta as, or to our corre.
•pendents In Liverpool, Mewrs. H. Newgass A Co.
and Messrs L. Rosenheim A Sons.
F.BABCOCK&CO.
B.
Montgomery, Ala.
COnilVISSION niERCHAKTS,
Street,
YORK.
DUBB A Co.
LXBJf A»,
CO.,
C.-I«ans, La.
Buiu>ino,)
Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton ; also,
execute orders 'or Purchase and Sale of Stocks and
Bonds for Southern account.
New York and Llrerpool.
Gwynn & Co.,
Fielding,
dc
(Skamkm's Satino*
York.
LEHMAN BRO'S,
Cotton AND Factors
-oomnissioN hierchants, COMMISSION MERCHANTS,
8
New
111 Pearl Street,
Liberal advances on consignments of Oottoa for
Sale In New York or Liverpool. Bspecfal attention
given to Sale and Purchase of Future Contraot«,
both in New York and LIVERPOOL, on reasonable
terms, and profits paid as soon as realized In either
market.
LOANS MADE ON
Uberal adyancea made on ConslRnmenU.
Special attention paid to the execution of orders
10, 1880.
Cotton.
Cotton.
Woodward
(JUL*
(union Ins,
Ca
(OF LOIfDON),
la 18^7.
BVBWflSER l.ii«ERBEER,
ALFRED
m
BOTTLBS,
made from imported Saaxer Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Beer In the world. Warranted
to keep in all ollmates. Agents wanted in all townsArt v»i»r Orootr far Omni'i thttwt^tr.
PELL,
Raident Manager,
3r
&
39 Wall Street
I
@FedFRASER