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ommtrfi*
MERCHANTS’
HUNT’S
« «
REPRESENTING
THE
Unrjspajur,
AND COMMERCIAL
INDUSTRIAL
VOL. 17
fe I g
MAGAZINE,
INTERESTS
OF THE UNITED
NO. 420.
SATURDAY, JULY 12, 1873.
A
° ONTEMTS.
THE CHRONICLE.
The Gold Shipments
The Exportation of American
Bonds
•
-.
National Banks and Real Eslate.
37
from Jan. 1 to July 1
Changes
In
Ibe Redeeming
Agents of National Banks....
38
38
Latest Monetary and Commercial
40
Commercial and
•Consumption of English Spin¬
42
English News
ners
Railroad Earnings In June, and
News
THE BANKERS GAZETTE.
Mone3V Market, U. S. Securities,
Raiilway Stocks, Gold Market,
Forei
reign Exchange, New York
Miscellaneous
.
Banko, ett
Quotations of Stocks and Bonds
New York Local Securities
Investments and State, City and
City
y Banks,
Boston Banks,
Philadelphia Banks, National
46
49
50
51
Corporation Finances
COMMERCIAL TIMES.
-54 \ Groceries
55 ) Dry Goods....
57 ; Prices Current.
STATES,
important question is whether the first weeks in
August and September will bring a similar export of gold
to that which has just marked the beginning ot July.
The
French payments of those two months will complete the
indemnity transfers, and will be likely to cause a considerable
demand for gold in London.
It is also worthy of note that
the Bank of England seems to have found a way to draw
gold from this market at the very moment of putting down
more
its minimum rate of discount.
interest both here and in
This fact isoneof
some
It supports the theory
Cotton
and whether it
Breaastufls
foretoken a change of policy or not on the part of the Bank
of England it is well worth
watching. When the Bank of
<&t)e .<£ fytoniclt.
France suspended specie payments we ventured to predict
The Commercial and Financial Chronicle is issued on Satur¬
that during the suspension of that institution the Bank of
day morning, with the latest news up to midnight of Friday.
England would be unable to attract gold to its vaults by the
TERMS OF SUBSCRIPTION—PAYABLE IN ADVANCE,
device
raising the rate of discount, W^ assigned reasons
Tiie Commercial
Financial Chronicle, delivered by carrier to city
for
believing that this method of attracting gold which was
eubscribers, and mailed to all others (exclusive of postage):
For One Year
$10 00
For Six Months
:
6 00
wholly unknown to the Bank management prior to 1844
THE RAILWAY MONITOR.
might probably have to be given up altogether, and that
Journal of general Railroad Intelligence, intended to supplement
This is
id
the brief railroad news contained in The Chronicle, and published monthly
something better should be substituted. It is in perfect con¬
about the fifteenth of each month.
Subscription price per year (including a file cover the first year)—.... $4 00 formity with this view that during the past year or two the
3 00
to subscribers of the Chronicle
Batik of England has never been able to keep up the rate of
1 he Chronicle and Monitor will be sent to subscribers until ordered discon¬
tinued by letter.
Postage is paid by the subscriber at his own post-office.
interest long enough to cause a turn in tbeforeign exchanges
dana,
)
WILLIAM B. DANA A OO., Publishers,
ployd, jr. f
79 and 81 William Street, NEW YORK.
so as to
replenish its depleted reserves. These questions
Post Office Box 4,592.
Subscriptions and Advertisements will be taken in London at the office of are now
assuming more importance in relation to our coin
the Chronicle, No. 5 Austin Friars. Old Broad street, at the following rates :
Annual Subscription to the Chronicle (including postage)
£2 2s.
Monitor
0 18s.
“
“
exports and other financial movements.
Chronicle and Monitor together
2 16s.
There are several reasons which seem to render it impro¬
Advertisements, in either Journal, Is. per line each insertion; if ordered
f
fiv«
insertions, a liberal discount is allowed.
bable that the export of gold from this point, if it extend
The Publishers cannot be responsible for Remittances unless made by
into August and September, will reach any large aggregate.
Drafts
Post-Office Money Orders.
gy A neat file for holding current numbers of the Chronicle is sold at the First, such an exportation would not be likely except as a
office for 50 cents; postage on the same is 20 cents.
Volumes bound for sub¬
result of some exigency connected with the closing French
scribers at $1 50. The first and second volumes of the Chronicle are wanted
by the publishers. ‘
payments. But it must be remembered that the Bank of
has consented to pay out a heavy amount of its coin
France
THE GOLD SHIPMENTS.
To-day we report the heaviest gold shipment of the reserve, so that little if any gold will be probably needed
THE
■Commercial Epitome
-.
58
59
60
England.
which has been often affirmed in this journal,
•
and
a
on or
“
“
44
.
william b.
John 0.
^
or
44
“
“
“
or more
or
from any
other source to form a basis for these payments.
it is, however, of less consequence than is commonly Secondly, the gold coinage of the German Government is
supposed. In view of the present state of our foreign not likely to go on so rapidly as was intended, owing to an
indebtedness, such an export has nothing in it to awaken unexpected difficulty. The states of Bavaria and Saxony,
anxiety, white the premium which double-eagles command anxious to prolong the time of their paper money system,
in London adds to the other influences prompting a move¬ which they find too profitable to be given up all at once, have
ment of gold toward London from this point.
When the contrived to put off the time of setting the new coinage Jaw
in operation for three years. The Berlin correspondent of
causes which have combined to produce the shipment are
more fully known,
they will probably be found not to the Economist gives the following account of this episode in
season.
The movement
excites considerable
discussion;
speculative element. We are rather the currency movement:
The concluding article (the 18th) of the German Coinage Bill
disposed to think that the export owes its origin to causes
the final settlement of the banking legislation and the
legitimately arising out of the commercial indebtedness postpones
German Stafie paper currency question till the 1st of January
which has rapidly accumulated in consequence of the small
1876. All
attempts made ju the Bundesrath to arrive at eome
cxpor!s and heavy imports of the past, For
pest wq definite arrangement were defeated by the opposition of such
can
spare the gold, and England needs the sqpply which Stages as (like Bavaria and §asony) have hitherto been enjoying
we can sp easily and so profitably
a strange privilege te the tes&a of Irnmoderaie
dispense witht 14
quantifies of
contain much of the
T
*
«
L
38
-
with a view to avoid the necessity of paying interest on a
public loah. At present, pursuant to the concluding article above
mentioned, the continuance of that paper currency having been
precluded, and at the same time the circulation of bank notes
tinder one hundred marks, having been discontinued after the
date of 1st January, 1876, the German Coinage Bill promises, after
its final adoption, to secyire a radical change for the better in the
foundations of the economical life of Germany.
money,
*
To these indications
we
may
add the fact that the recoinage
gold and silver coins of small denominations, will, of
necessity begin soon, and will cause the German importation
of gold to diminish.
On the whole, therefore, our prob
able shipments of gold during the next three months will
not be likely to exceed moderate limits from this port.
But of course the whole subject is beset with such a com¬
plicated series of doubtful exigencies that nothing more
solid than a conjecture can be had on the subject.
The uncertainty on these points has not communicated
itself to the money market, which, since the payment of the
July dividends, has been working with much more of ease
and promise.
One ot its most hopeful symptoms is that
the banks continue to strengthen their reserves. We observe
among them, however, some indications of restlessness at
losing possible profits and some disposition to force their
idle means into employment at some rate or other, instead
of accumulating now, that they may have the larger funds
at command when the fall activity sets in.
This conserva¬
tive policy would perhaps in the long run tend most to
their prosperity. It certainly would conduce to their credit.
of
THE EXPORTATION OF AMERICAN BONDS.
The revival
of
the
European demand for
has often been cited for well-known
l«™7 12 ^73.
(THE CHRONICLE. *
our
securities
reasons as one
of the
opening a way for the export of our securities there are,
however, many other persons engaged.
■ Among the most prominent of these volunteers is Mr.
Bernard Cracroft, one of the most opulent members of the
London Stock Exchange.
He has just had prepared a valu¬
of
able
with a view to solve the
more extended choice to English capital
report on American railroads,
problem of giving
a
in its selection of American investments.
The book has
prepared by Mr. Robert GifFen, a competent statistical
writer, and aims to prove two things : First, that American
securities are, on the whole, as safe and more lucrative than
most of the foreign securities in which British capital is now
and has for years been investing itself. The second posi¬
tion is that of all American securities, railroad bonds ^f
goed lines are most suitable for the average English capi¬
talist, while they can be had at various langes of prices
which make them attractive to every class of investors, from
those who want the highest security, to those who for an
equivalent are willing to undertake some risks. Except on
a few minor points the information here given is thoroughly
accurate, and almost the only fault of the work is that
its copious statistics are not brought down to a later date
than December, 1871. These defects can, however, be reme¬
died in a new edition, which we hope soon to see issued.
Its practical value also would be enhanced to the ordinary
reader if the relative prices were given at which some of the
various securities can be purchased, with which the writer
compares the bonds of American railroads. . Meanwhile the
fact is very suggestive that an English banker of Mr. Cracroft’s standing and connections has taken up thi3 work and
is urging the claims of our bonds on the attention of
been
investors.
however, dwell upon the general inter¬
promising features of the financial situation. But the est which American securities are awakening in Europe
free development of this demand in Europe under the or
upon the efforts which are making to popularize our rail¬
plethora of money and other expansive conditions of public road investments and to overcome the obstacles which pre
and private credit, is checked by two impediments.
First, judice and want of information have presented to the due
there is a lack of sound information about American securi¬
appreciation of our bonds. Enough is known to justify
ties in the financial circles abroad ; and, secondly, there is a
the belief that a larger amount of American securities will
scarcity in our market of such bonds as are most available be sent to foreign countries this year than has been in many
for export.
quarters supposed. If we look, however, at the supply of such
At present the foreigner seems to prefer our Government
securities that are available, our expectations may be some¬
bonds; which, though scarce, are batter known and more what checked. In the first place our government bonds are,
relied on thaa any other descriptions of our securities.
as we said, extremely
scarce. Five-twenties to the amount
Several negotiations of new railroad bonds are, however, of 60 millions are
supposed to have been sent abroad this
going 6 forward satisfactorily; and as the appetite of the year, and more are going by almost every steamer*
London market for our securities is increasing in eagerness,
But Governments are scarce, and the sametnay be said of
the question is whether a new direction cannot be given to
state and municipal securities of the few descriptions which
it, and whether a larger range of investment is not com¬ are known abroad and available for foreign markets. It thus
patible with equal safety and more lucrative profits.
follows that excepting railroad bonds our market is not in a
We have often shown how this vigorous demand has
position to supply any great aggregate of securities for
arisen and how it needs by appropriate means to be stimu¬
exportation. What descriptions of railroad bonds are likely
lated and kept up.
Of late it seems to be in less need to be most attractive to the new impulses which are develop¬
of outside stimulus. Among the means which have been
ing themselves in the money markets of Europe and especi
used for this purpose the Chronicle has more than once
ally of Great Britain, is a question on which the most diverse
referred to certain publications which have been circu¬
opinions are current. Some of these we may probably
lated by various persons in England and elsewhere for the
discuss next week;
We need not,
most
■
purpose of popularizing American securities.
The
wardness of English capital to invest itself in our
,■
back¬
bonds
NATIONAL BANKS AND REAL ESTATE.
being partly due to prejudice, but more to want of informaEvery day brings to light new evidence of some singular
tion^such explanatory works when accurate, honest, lucid
and trustworthy, are capable of rendering
the very neglect on the part of our bank officers, not only in the
highest service. The accumulation of capital in Europe is country but sometimes in our larger cities, to make them¬
so great, our need of capital in this country is so
pressing} selves acquainted with their rights and duties under the
and the superior advantages of American investments are National Currency law.
A recent illustration of this culpa
so conspicuous ar.d so worthy of being examined, that our
ble remissness was brought to light by the investigation of
foreign bankers have very judiciously spent some of their the recent failure of the Atlantic National Bank in this city.
energy in the task of spreading the requisite information by Another proof of a less mischievous negligence in studying
lhe press iji various European countries. In this good work the plain provisions of the law which constitutes tjie charter
July 12, 1873.]
of our
1,700 'National
general surprise
39
THE CHRONICLE.
Banks, may be deduced
from the
awakened by the ruling of Judge Dillon of
Valley
United States Circuit Court in the case of Kansas
National Bank of Topeka vs. Schuyler & Sons. Subjoined
are the main points of the decision which denies to
banks, under special circumstances, the power to lend on
the
National
real estate,
presumption can be rebutted, the mortgage
collectable, and the security is worthless.
This
unless this
not
assuming more importance just now, as
York and elsewhere
the late
and
in the State of New
of country banks, since
becoming embarrassed for money,
seeking to use their larms as a
bank.
As to the reason of the
basis of credit in
The
section
by
prohibition it is very plain.
of which a foreclosure is sought, was made by main object of the National currency act, as its first
bankrupt for the double purpose of securing a debt to the declares, was “to provide a National currency secured
The mortgage
"
ihe
is
the customers
stringency, are
are
is
contracted, and to secure future advances,
subsequently made.- The mort.
gage is upon real estate. The bill alleges a mistake in the
description of the property, and asks that this mistake be corrected
and the mortgage foreclosed.
The assignee files a general
demurrer, and insists that under the national banking act of June
plaintiff previously
which are
alleged to have been
bonds.” This currency the Government
endorses. If the banks fail the Government has to redeem
every dollar of the currency.
The value of such
ment to the banks and tcKheir notes is too obvious to need
remark. The only consideration that the Government asked
in return for this valuable privilege was that the currency
United States
endorse¬
(sections 8 and 28), the plaintiff as a corporation organized
enactment has no right to take, hold or foreclose a
should be represented by an adequate amount of
mortgage upon real estate, except as a security for a debt con.
tracted before the taking of such mortgage; that the mortgage ment bonds, and that these bonds should be
here in question was made upon but one consideration, part of the Treasurer of the United States at Washington.
3, 1864
under that
govern¬
deposited with
which related to future
advances—is
arrangement introduced the new principle of securing
by the Federal Government. It gave mutual
for the two purposes above mentioned, namely, to secure a prece¬ advantages both to the government and to the public; to
dent debt to the bank, and also to secure future advances to be the former by offering a market tor the bonds, and to the
made by the bank. I am also of opinion under sections 8 and 28 latter by giving a basis of security to the bank note such as
of the national banking act, that a mortgage upon real estate is it had never received in this country before.
On the banks
clearly authorized as f a security for debts previously contracted/ it also conferred the advantage that they could keep their
and as clearly unauthorized when made as a security for money
notes out all the year round without bfing liable to have
to be thereafter advanced by the bank on the strength of such
which—to wit, that part
illegal, and being so, the mortgage is wholly void. Upon the aver¬
ments of the bill it is my opinion that the mortgage was made
This
bank notes
them
security.
in question rests upon a valid consideration
and is authorized by the law so far as it secures a debt previously
due to the bank by the mortgagor : and it is invalid so far as it
undertook to secure a debt then or thereafter to be created. The
line which separates that which is good from that which is bad
is plain; and I am of opinion that the defendant’s counsel are
mistaken in supposing this to be a case in which the considera¬
tion Is indivisible and the whole mortgage void.
The two parts
of the security are easily separable, and the result is that the
good stands and the bad must fall. It follows that the Court
may correct the mistaken description in the mortgage in suit and
enforce the same, so far, and so far only, as it was given to secure
a debt to the bank previously contracted.
The demurrer being
general, it is overruled.”
'•
The mortgage
-
here raised, the chief
point on which general interest turns is the prohibition of
National Banks to hold real estate. If our bank officers
will turn to the 28th section of the National Currency law,
they will find that it authorizes a bank “ to purchase, hold,
and convey real estate
.
.
in good faith by way of
security for debts previously contracted” On this section
the ruling just quoted is based.
The Court emphatically
Waiving
the other questions
return
frequently for redempOn at
inconvenient
By this regulation the privilege of
issuing currency gave the banks power to borrow money
from the public free of interest for an indefinite period.
This right of borrowing without interest is one, the value of
which is so great that it has been subjected to severe attacks
by the press, and the proposal has more than once been on
the point of success before Congress to revoke it, or at least
to compel the banks to pay for it a larger consideration than
periods of the year.
at
present.
always opposed this assault on the banks. It
doubt be revived next session with the usual impetu¬
We have
will
no
equivalent which
osity. In opposing it we contend that the
the banks pay for the privileges of their circulation
is more
nearly adequate than is commonly supposed by the super¬
ficial observer. It is true that our National Banks get all•
the profits of their 345 millions circulation, and that they
draw interest on the 390 millions of bonds deposited at
Washington as security for that circulation, so that they are
really allowed to gain double interest on this part of their
the banks are not very heavily
taxed on their circulation. The tax of 1 per cent a year on
declares that a conveyance of real estate to secure debts
their notes, paid to government by the banks under section
afterwards created, either overdrafts of account, or notes, or 41 of the currency law of 1864, constitutes a very small part
otherwise, is not valid or binding, and is worthless to a
of the net profits gained from the circulation. We also
National Bank.
- .
concede that if the banks paid no more than 1 per cent for
This is, we believe, the first time that this section has
their currency privileges, a plausible case might be made
been adjudicated upon, but the spirit and intent of the law
against them. But our argument is that the opponents of
so plain that no doubt can exist as to the soundness of
the banks leave out of view some important portions of the
the view taken by Mr. Justice Dillon.
Every bank officer
burden of the banks; This fatal omission destroys the force
should remember, therefore, that the law ot 18G4 does not
of the attack, and has hitherto saved the banks from losing
allow any bank to loan money directly on real estate, or to
their valuable privilege of issuing currency.
purchase real estate except for its own use in its business
OF these peculiar burdens the most important, the most
location.
Neither can a National Bank purchase or take a
costly, and the most indispensable is that involved in the
mortgage on real estate except to secure the payment of
debts previously contracted to the bank, or debts incurred keeping of reserves. Formerly we were continually having
bank
before the taking of the mortgage.
Hence it follows that if Of latepanics in this country because of our defective reserves.
years we have had no bank panics, and our preserva¬
a dealer executes a mortgage to his bank to secure the pay¬
tion has been due almost wholly to the reserves of pur
ment of any debt or overdraft of account in the future,
But these reserves cost. The expense of keeping
banks.
the bank cannot collect the mortgage under the law. And
them ought to fall partly on the public. And it does so fall,
if the mortgage is given with a note for discount at the <
the banks being reimbursed by their currenoy privileges.
hank, the Court will presume that the bank takes the mort¬
With this arrangement we contend that both parties ought
gage before parting with its money on the discount; and
are
capital.
It is also true that
1186550..
[July 12, 1878.
THE CHRONICLE.
40
to be satisfied.
The
banks have
a
good bargain, because
them but one p?r cent a year, printing
included; and with the government endorsement giving to
notes of
any obscure bank a validity second onlv to green¬
their currency cosis
supposed. Our contemporary commences his remarks with a com.
parative statement of the number of spindles at work and the
amount of cotton consumed in various years, beginning with 1850
and ending with 1872, as follows:
Years,
No.
of
spindles,
No. of
spindles.
Lbs. of Lbs. per 1
cotton spun, spindle. \ Years,
Lbs. of
T.bs.per
cotton spun, spindle
941,586,000
30,000.000
31*38
29 13 i
20.977,017 611,000,000
given them for one per cent,
28,010,217 866,700.000
30 94 1870.. 32,000,000 1.052,470,000 32-83
and the banks ought to be satisfied.
30,430,467 978.300.000
32 15 1871.. 33,750,000 1,145,455,000 33 * 94
On the other hand,
32,000,014 993.489,000
31 05 1872.. 35,800,COO 1,170,600,000 32 07
the country' has reason to approve of the arrangement,
Then starting with the stock at the close of 1869, our contem¬
because it has supplied itself with a bank system so well porary works out the following statement:
Stock in the ports and inland Dec. 31, 1869
lbs. 193.084 000
buttressed, so compactly built up, resting so firmly on the Import
4,366,899,000
in 1870, 1871 and 1872
basis of public and private credit, that it is worth all if,
Total supply....
4,562,983,000
costs.
In war and in peace, it his successfully resisted the Export 1870, 1871 and 1872
835,890,000
Retained for consumption and stock.
3.727,093,000
extraordinary shocks of the past ten years, and has saved Estimated consumption in three years as above
3,368,525,000
us from the
panics which under former systems had caused
Stock remaining in Great Britain
358,568,000
such frequent losses and such widespread ruin.
225,207,000
Of which remained in the ports
There are also certain minor restrictions imposed on the
Leaving in the hands of spinners
133,361,000
banks in return for their currency privileges.
One of Or about 333,400 bales of 400 lbs. each, instead of 150,000 bales, as
these is that they are forbidden to take mortgages.
given in the Brokers’ circular. The Financial Chronicle then
The general
banking law of the State of New York adds 45,211,000 lbs. for surplus deliveries to the trade during the
allowed banks to deposit mortgages for one-half of their first seventeen weeks of this year, bringing the total up to
currency.
Other states permitted the same privilege. 178,572,000 lbs., or 447,458 bales (should be 446,430). The assumed
By the national currency laws, for the reasons we have surplus deliveries are based upon a statement iu Ellison & Co.’s
circular for March 10, to the effect that the high price of coal and
above suggested, mortgages were prohibited in the first
the unsatisfactory state of trade had, “ it was stated,” led to a
ba ik act of February 25, 1863. Moreover, in the following
reduction of from 5 to 10 per cent in the rate of consumption
y^ar, the prohibition was rendered still more emphatic
during the dullness which ruled at the close of February. It is
When the new banking law of 1864 was framed, the sug¬ well known, however, that this depression was only of temporary
gestion was made that abuses would spring up, and that duration, and that the rate of consumption shortly after recovered
much injury might be done in our rapidly growing Western more than it had lost. Our contemporary, nevertheless, assumes
that the average rate of consumption during the whole of the first
cities if the accumulated deposits of a bank were controlled
seventeen weeks of the year was about 6 per cent less than the
by a clique of officers with power to use them in monopo full spinning capacity of the country—an assumption flatly con¬
backs themselves.
All this is
l'zing lands
to the detriment of commerce.
prevailed.
The banks
to find
were
treated
as
This argument
organizations created
loans for business purposes,
181-9..
by all the known facts of the market. To every one
practically acquainted with the trade, however, the bare state¬
ment that spinners hold the enormous stock of 447,458 bales
tradicted
and not for real estate
carries its own refutation.
operations, and by section 62 of the new law the act of
A lurther analysis of the figures put forth by our contem.
1863 was repealed, so that its more lax restrictions ceased
porary leaves a stock of nearly 400,000 bales in the hands of
to operate, and since that time all the banks throughout
spinners at the clos9 of 1871, thus—
the country have been uniformly prohibited from holding
Pounds.
real
estate
except first such
the bank needs for its
business; secondly, such as is first mortgaged to it as
security for past debts; thirdly, such as is conveyed to
it in satisfaction of past debts; and fourthly, such as it shall
purchase at sales under judgments, decrees, or mortgages
held by the bank, or such as it shall purchase to secure
debts due to it.
as
It is also to be observed that
no
196,084,600
Stock in the oorts and inland December 31, 1869;
Imports in 1870 and 1871
Total
2,993,951,000
3,190.035,000
570,040,000
supnly
Exports in 1870 and 1871
Retained, for Consumption and stock
Estimated consumption in 1870 and 1871 as
Remaining in Great Britain December
Of which remained in the porta
:
.
above
81, 1871
422 070.000
262.855,000
Leaving in the hands of spinners
national
2,619 995,000
2,197,925,000
159,215,000
Or nearly 400,000 bales of 4001 bs. each. It is well known that trade
permitted to “hold the possession of any real estate
was very unremunerative all through 1872, and that at certain
under mortgage, or hold the title and possession of any real
periods of the year consumption was materially curtailed, and yet
estate purchased to secure any deb's due to it for a
longer the Financial Chronicle believes that spinners only reduced
period than five years.” We fear that not a few of our their stock of high-priced cotton from 400,000 to 333,000 bales.
national banks have been violating this 28th section of the
Our contemporary has arrived at a wrong conclusion simply
because
bis premises are wrong. In this he has been misled by
National Currency law, and now that their attention is
called to it, they will do well to examine the collaterals of the returns of the factory inspectors. The returns for 1849 (not
1850) and 1856 include both spinning and doubling spindles, but
all their loans iu which real estate is implicated.
those for the subsequent years give each description separate.
It
[s manifest, however, that to make the comparison ^for the whole
series of years correct, both spinning and doubling spindles ought,
CONSUMPTION OF ENGLISH SPINNERS.
bank is
to
be taken in every case.
We
The correct figures
are as
follows
Years.
Years.
Spindles •
Spindles.
reprint from the Liverpool Daily Albion, of June 18, 1849
37,718.0' 0
20,977,0: !0 1870
an interesting
.....28,010,000 1870 working
35,441,000
article upon the subject of “ The Stock of 1856
38.000.000
1861.:.
32,387,000 1671
Cotton Held by English Spinners,” as discussed in The 1868.
39,500,000
34,215,000 1872
Chronicle of June 7.
The estimate for 1871 is based upon information furnished by
Trie article is cleverly written, and
coubtless presents the strongest argument available against the.factory inspectors and is the average number of spindles at
work through the year.
The estimated number at the opening
the conclusion we had reached ; yet in our view it rests
of 1872 was 39,500,000, but these were only partially at work during
upon the same assumptions to which we objected as erro¬ the
At a full rate of consumption, say 32 lbs. per spindle per
year.
neous, for its main points of difference.
The following is annum, the quantity of cotton required would be 1,264,000,000
the article referred to:
COTTON HELD BY SPINNERS.
The
general impression in Liverpool and Manchester is that
spinners hold about the same quantity of cotton as they did at
the close of 1872, and they were then supposed to hold about
150,000 bales. The New York Financial Chronicle, however,
in its issue of June 7, endeavors to show that the
stock of cotton
held
by English spinners” is much greater thfin is generally
lbs., but the actual rate of consumption was about
per cent,
lees than this—say 1,170,000,000 or exactly the figures given by
the Financial Chronicle.
In the
way the 35,541,000 spin¬
only partially employed
during part of the year, and the average consumption was proba¬
bly not over 36 lbs per spindle, say 1,006,000,000 lbs.
The
38,000,000 at work in 1871, which was a very prosperous year
used $2 lbs. per spindle, say 1,216,000,000 lbs. For the three
dles in work at the close of 1870
same
wero
THE
July 12, 1873.3
41
CHRONICLE
vast
quantity of stock
difference in the
required for profit
therefore, tlin consumption reached 3,452,000,000 lbs, or
Doubtless the six millions new spindles
84,000,000 lbs. more than the estimate of the Financial Chroni¬ able results.
cle, which would reduce the stock held by spinners on the 31st added, and the four or five millions old ones replaced or
December to 125,000 bales. The Brokers’ estimate of 150,000 bales started up since 1S69, have required about 100,000 bales
was therefore, a very full one.
cotton merely for “stock in process of
manufacture,”
First of all we must object very decidedly to bringing reckoning all from the raw cotton entering the picker to
If so, the available stock held by spin¬
into this discussion any argument which does not rest upon the finished cloth.
some surer b^sis than the impression of the trade.
The ners December 31, 1872, was only 233,000 bales as against
subject we believe admits of mathematical demonstration the 80,000 bales surplus held December 31, 1809—the
from admitted premises—let us confine ourselves then to j Chronicle on this point differing only 83,000 bales from
these. The trade never had a stronger impression, nor the annual reports in the three years ending December 31,
asserted one more boldly than in the first half of last year, 1872, yet establishing, as we think, a true conclusion as to
to wit: that the spinners’ surplus stock was exhausted ; yet the actual annual consumption of cottc n in England, which
in October, when that stock had actually been reduced is, we repeat, the one objective point under discussion.
considerably, that surplus was admitted even then to exceed
Upon the character and scope of the returns by the Fac¬
200,000 bales; and, meanwhile, the trade circulars in.which tory Inspectors, for 1S50, we cannot contend with the
that impression finds utterance, had abruptly and arbitrarily Albion, having lost our copy of the returns, the printing of
reduced the u estimated weekly consumption” ten per cent, which wns ordered by Parliament, July 22, 1803, from wh'ch
or more, at a time when all spindles were well
employed, we took the figures for 1803 and earlier years, given in the
and the only actual reduction was the slight one resulting Chronicle, June 7. It is strongly impressed upon our
fiom a partial change to higher counts of yarn—this change memory that these were in parallel and comparative columns
in the weekly rate being announced to conform to the fact for the several years, and were either of spinning spindles
of the discovered surplus. “Every one practically acquainted separately, or, if of all spindles, that the numbers of doub¬
with the trade,” so far as could be discovered in England^ ling and twisting spindles were given in another place, so
shared that delusion last year. We must be excused, then, that we could deduct them. By reference to the returns
if, as we did last year, we now venture our dissent until for 1808 (not those printed in earlier years), the Albion can
years,
better evidence
of
error on our
part is
presented, than this
impression of the trade.
Another point in this inquiry, which we wish our friends
carefully to remember, is that the amount of stock held by
mere
decide if
our
memory
is correct.
But, however that may be; it is of little moment, for this
is beyond
question that only spinning spindb-s consume
cotton, and therefore, these only should be considered when
computing the consumption per spindle. The number of
twisting spindles used varies from time to time with the
character of yarn demanded in tin market, a id to include
important, and has been
sought by us only for the purpose of determining the weekly
consumption. In the Chronicle of February 15, 1873,
writing on this, topic, we said: “It is not important^ them destroys all accuracy or value in the statistical result
except as all statistical truth is important, to show that for any one year, still more in a comparison for a series
English spinners hold 100,000 or 200,000 bales of cotton of years. It were better to begib the comparison with the
more than the published statistics gave them
credit for. year when the spinning spindles were first distinguished in the
But it is highly important to know the true rate of English returns, disregarding earlier years. Then the varying elements
only in the average size of yarn, and the average time
consumption of cotton during 1870, 1871 and 1S72; and
the quantify held by spinners at the end of the .year is the of running through the year.
Taese are disturbing enough,
key to the whole.” It is not unlikely that the error of our but they can be approximately determined by an accurate
critics arises in great part from their giving undue import- < observer. Cuming then to the actual consumption, the
ance to this question
of stock. We never indicated in Albion's article admits, and proves by its own process, that
what condition this surplus was, not deeming it important the consumption of 1872, as stated by The Chronicle, was
to-our inquiry.
But a moment’s reflection will convince exactly.correct. As to the consumption of 1870, it dilFers
those who are familiar with the subject that as the spindles from The Chronicle only to the extent of 13,550,000 lbs.,
increase spinners must necessarily hold increased supplies; equal to about 35,000 bales of the average weights of that
and that as between a.good year when the spindles are thus year.
The only important dilFerence then is concerning the
increased and all fully employed, and a bad year when consumption of 7871.
On this point let us examine the
there is stoppage in part and the cotton in process is run Liverpool statistics, for they show that the error is not ours.
Whatever in the annual statements is abated from the
out, the difference in this surplus would be greatest. The
year I860 was the last of a series of extremely unprofitable spinners’ stocks on hand at the end of the year, goes to
years to the cotton-spinning and manufacturing interests. swell the consumption of that year—all the other elements
Many failures had occurred; mills were closed, or running in the statements consisting of kno wn quantities ; and vice
on short time ;
quite a number of them were sold up in versa, whatever is added to the stocks by so much reduces
^insolvency, their machinery for old metal; and all were the stated consumption. The “stocks held by spinners ”
running with very low supplies of cotton, It is doubtful if have been stated on the 31st D
there were in all England more than the equivalent of vears, as follows :
Bales.
Bales. 1
25,000,000 spindles running on full time like that of 1871. 1SG7
200,000
,80,000 fl-STl.
Since 1871 the working hours per week have been short¬ 18HS
i
18T2.
SO,000
lSGlf
ened, while wages have been increased, and full time now
When M. Ott-Tiiimpler in October, 1871, stated that the
is not what it once 'was.
Yet, as between the hard times
of 18G9, with its 25,000,000 (active) spindles scantily spinners’ surplus (his “ invisible stock ”) had been increased
supplied with cotton, and the highly profitable twnes of during the previous twelvemonth by more than 500,000
bales in all Europe, of which 250,000 bales or more was in
1871, using 33f millions spindles, when low-priced cotton
a
was
good investment, or even nov> with 30 millions England, it was received at Liverpool with general increduspindles at full work, v/hen so much advantage can be lity and some expressions of derision. Between Oct. 1 and
December 31 of that year the takings by the trade exceeded
gained in carrying a large assortment of cotton, including
the excessively abundant low-priced American, there is a the consumption, so that if the excess was true in October
spinners at any certain time is
are
,
...
THE
Yet the annual
statement at the end of 1871, assumed an addition of only
100,000 bales to the “ stock held by spinners,” making it
200,000. If M. Ott-Triimpler was right it should have
been 150,000 bales more, or 350,000 bales. The trade at
Liverpool and Manchester, assuming that its own authority
was correct, found
as they advanced into the year 1872,
and saw the large weekly purchases by spinners, both
renewed evidences of the high rate of consumption estab
lished by their statistics of the previous year, and good
reason to fear “either an entire exhaustion ot staple cottons?
Or such an advance in price as would force the stopping of
spindles.” Had the premises been right, their conclusion
was right also.
But both wer9 seriously wrong. By the
it
was
not less
so
at the
[July 12, ldfs.
CHRONICLE.
RAILROAD EARNINGS IN JUNE.
er>d of the year.
1873.
Atlantic & Great Western
Atlantic & Pad lie
Burlington, Cedar R ipids & Minn
Central Pacific
..
98,800
96.567
90,69G
74,242
1,138,272
1,292,143
1.070,460
1,607,402
Indianapolis, Bloomingt’n & W..
130,178
Kansas Pacific*
Lake Shore & Mich. Southern...
Marietta & Cincinnati
218,457
1,585,363
Michigan Central*
Milwaukee & St. Paul..
Mobile & Ohio
;.
Ohio & Mississippi...
Pacific of Missouri.
St. Louis, Alton <fe T. H. Main..
do
branches*
do
St. Louis & Iron Mountain*
St. Louis, Kansas City & North...
$11,987
2,233
22,454
175,518
63,008
....
'
221,683
110,101
65,621
659,362
100,868
.....
....
'
35,310
185,953
233,939
1,323,476
154,587
392,381
345,297
31,360
47.087
929,210
148,691
594,768
331,442
282,302
272,600
116,365
262,326
286,738
19,916
94,539
21,826
34,525
155,000
J 25,036
131,725
15,275
15,482
261,892
......
151,945
199,958
216 354
Toledo, Peoria & Warsaw
114,601
Tol., Wabash & Western
541,192
94,522
462,868
$11,462,503
j$9,988,081
Total
Net increase
$
419,197
1,717,593
724,983
..
Increase. Decrease
1872.
$435,501
1,313,790
482,205
Chicago & Alton
Chicago & Northwestern..."
Erie
Illinois Central
.
$423,514
3,254
14,138
9,189
16,396
”
20,079
78,324
$1,535,684
$61,257
$1,474,427
October, 1872, the trade circulars and commer.
Three weeks only of June in each year.
cial advices, indeed, “every one practically acquainted
For the first half of the year 1873 the exhibit of earnings
with the trade,” in Liverpool and in the continental markets, had recognized the sagacious accuracy of M. Ott- is very satisfactory ; and although, the first two months were
Tciimpler’s estimate of surplus. By general consent the quite unfavorable on account of the storms which prevailed
stock held by English spinners should have been stated at the West, the earnings of the. later months have been
about 150,000 bales larger than it was in the annual report. large enough to more than balance the deficiency, and to
Applying that correction to the statement, and otherwise make the totals generally show a considerable increase over
using the same figures employed there, we get the following the first half of 1872.The receipts, expenses and net earnings of the Central
statement for 1871 :
Railroad Company of New Jersey, for the six monthsending
Bales.
Pounds.
100.000
Stock held hv spinners January 1
39,916,000 June
30, compare with the six months of the previous year
Stock in the ports January l.
446,990
165.265,960
as
4,405,420
1,678,552,720
follows,
Import during the year
showing the net result of the business for the
present
year
to be $625,204 better than the previous year:
Total supply
1,883,734,680
middle of
*
350.000
133.914,000
727,300
Receipts.
Expenses
262,855,320
Net
Total deduction
1,937,630
2,964,780
Leaving for actual consumption
The
''
738,279,430
1,145,455,250
the stock held by spinners
—the “invisible s'oek” of Ott-Triimpler—really increased
in 1871, as stated by him, and as so universally admitted
only re*l question is,
was
in the later months of 1872?
course.
If it
It is thereafter only simple
was,
7
the rent follows, ot
arithmetic.
RAILROAD EARNINGS IN JUNE, AND FROM JAN. 1 TO JULY 1,
The
reports of railroad earnings now rendered for the
month of June complete the returns for the half year, and
are
generally so favorable as to make a good addition to
.the
earnings
The figures
for June
1872.
$3,455,956
2.062,426
$679,055
54,051
$2,018,533
$1,393,529
$625,204
are
is not included in the tabU
partly estimated, and this road
a9 its statements of earn¬
below,
published regularly.
ings are not
EARNINGS
PROM
Atlantic & Great Western
Atlantic & Pacific.
Burl., Cedar Rapids
Central Pacific
...'.
'
JANUARY 1
& Minn..
$2,333,721
$103,834
613.320
514,189
482,035
409,964
5.508,616
2,281.156
5,380 9.87
99,131
72.071
812.171
2,485,311
5.997,670
9,176.007
Erie
Illinois Central
Indiana. Bloomington & West.
Kansas Pacific*
Lake Shore and Mich. South..
Marietta & Cincinnati
1.
Increase.
$2,442,605
6.320.787
Chicago <fc Alton
Chicago & Northwestern
TO JULY
1872.
1873.
-
Increase.
1873.
$4,135,011
2,116,478
-
335,510.110
Export during the year
Stock held by spinners December 31
Stock in the ports December 31
3,752,018
697,313
1,556.580
9,833,856
1,075,273
Michigan Central*
Milwaukee & St. Paul
3,617,681
Mobile & Ohio
1,398,556
Ohio & Mississippi
1,823,753
Pacific of Missouri
...
1,729,043
698.511
St. Louis, Alton & T. II. main.
do
branches*
do
281,506
St. Louis & Imn Mountain*... 1,123 930
St. Louis. Kansas City & North
1,290,937
.
Decrease.
$
201,155
616.683
8,995,046
180,961
3.612.637
139.411
651,342
1,570,331
45,976
8,464,178
1,369 678
"
13,741
904,931
170,342
3.091,758
2,924,162
360,721
693,519
1
67,330
206,230
331,226
1.617,473
1,663,470
668,691
65.573
229 89.3
51,613
T--
#
*
*
•
-
*
'
29,820
1,013.061
105,919
footings of the previous five months. Traffic appears to
1,374.184
83,197
2 705,018
be well maintained on a large majority of the roads Toledo, Wabash & Western
2; 753.346
48.328
embraced in our tables, and several of them show earnings
Total
$5,400,238
$62,557,334 $57,302,362
$145,266
Net increase.
$5,254,972
in June which are relatively much better than some of the
Three weeks only of June in each year.
previous months of the year. The Central Pacific again
shows a considerable increase, and the Chicago and North
CHANGES IN THE REDEEMING AGENTS OF NATIONS BANKS.
The following are the changes in the Redeeming Agents of
western, Milwaukee and St. Paul, Lake Shore and Mich¬
National Banks approved since the 2Cth ult.
These weekly
igan Southern, Toledo Wabash and Western, Erie, and
changes are furnished by and published in accordance with an
Illinois Central are all conspicuous for a material increase arrangement made with the Comptroller of the Currency:
the month of June, 1872. No less than eight of the
over
NAME OP BANK.
REDEEMING AGENT.
LOCATION.
roads whose earnings we report are operating a large part
The Second Nation iTlie Ninth National Bank of New
Dist. Columbia..
York, approved in place of the Na¬
al Bank
of their mileage in the State of Illinois, and the effect of the
Washington—
tional Park Bank of New York.
new law regulating freights, upon the earnings of these roads
The Gainesville Na¬ Tho National Bank of the Common¬
Alabama—
wealth. New York, in place of the.
tional Bank
Gainesville.
will be watched with great interest. It is certainly to be
Ninth National Bank of New York.
The Union County.The Importers’ and Traders’ National
Indiana—
National
hoped that there will be no permanent antagonism between
Liberty.
Bunk...[ Bank of New York, approved as an
..
t...
*
"
...
..
.
.
r
the railroads and the farmers ard other
their several routes,
a fair
observed
by
shippers located
on
and that the latter will be governed
and liberal policy towards the roads. It will be
that two
road3
tables which have not
are
this month included in
our
previously been reported, viz., the
Toledo, Peoria and Warsaw, anc
that the whole list embraces twenty-two roads.
The earn¬
ings of the Baltimore and Ohio Railroad and branches for
June, 1873, were $1,323,797 47, showing an increase, as
compared with June, 1872, of $111,855 65.
-
Mobile and Ohio and the
Michigan—
Three Rivers.
Massachusetts—
Boston.
New York—
Ellenville
Ohio—
Canton
Michigan—
Ionia.
Iowa—
Council Blufts
Montana—
Helena.
The First
Bank
additional agent.
National;The Manufaciurers’ National Bank of
t
Chicago, approved in place of the
-1 Commercial National Bank of Chi-
I
cae;o.
The Manufacturers The National Park Bank of New York,
National.Bank...
approved..
The Home Nationaf'The Importers’ and Traders’ Nationa
Bank
i
Bank of New York, approved.
The First National The Manufacturers’ National Bank of
Bank
Philadelphia, approved as an addi¬
tional redemption agent.
The Second Natn’l The First National Bank of Detroit,
Bank.
approved as an additional agent.
The First National'The Fourth National Bank of New
York. approved in place of the Ninth
Bank.
National Bank of New York.
The People’s Na- The Second National Bank of St.Louis,
t.ional Bank.
approved. -
,
>The following National Banks
past two
Official No
Per cent.
Banks.
New National
;
have been organized during tbe
weeks, viz.:
115—The Farmers' National Bank of Marshalltown, Iowa. Authorized capi¬
tal. $50,000 ; paid in capital, $25 000. H. E. J. Boardman, President.
J. H. H. Frisbee, Cashier. Authorized to commence business June
1873
80
3116—The Griggsville National
Bank, 111. Authorized capital, $50,000;
.
paid
McWilliams, President; Isaac A. Hatch,
business July 8. 1873.
8 117—-The Home National Bank of Ellenville, N. Y. Authorized capital,
$150,000; paid in capital. $75,000. John McElhone, President; Peter
Lefevre, Cashier. Authorized to commence business July 8, 1373.
in capital, $35,000. James
Cashier.
Authorized to commence
following
HATES OF EXCHANGE AT LONDON, AND
AT LATEST DATES.
EXCHANGE AT LONDON—
JUNE 27.
EXCHANGE ON LONDON.
LATEST
BATE.
TIMB.
ON—
12 0
short.
Amsterdam....
Antwerp,..... 3 months. 25.75
2112 1
Paris
Paris
Vienna
Berlin
U9%@120
Frankfort
St. Petersburg
.Hl%@91%
47
@U%
Cadiz
90 days.
Lisbon
52% @53
3 months. 29.05 @29.20
Milan
29.05 @29.20
Genoa......
29.05 @29.20
NaDlcs
New York
Rio de Janeiro
Bahia
June 27.
;
.
44
3
11
3 mos.
44
....
4«
short.
Ayres
.
June 27.
June 27.
i June 6.
j June 2.
1 May 30.
j May 15.
j June 7.
Valparaiso....
Pernambuco
Montevideo...
..
!
Bombay
Calcutta.
short.
days.
days.
60
90
•
.
•
12.07
25.38
19.93
25.55
the rates of discount at the
112.50
6.19%
117%
leading ConA
Bank
rate. market.
*
Bank
1
Open
1
6
6
per cent, per cent.
cent. |
Madrid, Cadiz and Bar4%
6
6
celona
4%
4
4%
St. Petersburg
5%
6
5%
1 Brussels
5%
5%
1 Turin, Florence and
6
7
6
7
per cent. per
Paris
Amsterdam
a.
Hamburg
Berlin
Frankfort
Vienna and Trieste
Lisbon and Oporto
....
|
1
6
Rome
....
•
•
•
•
•
•
109%
•
•
an
Bar Gold
Bar Gold, fine
Bar Gold, Reflnable
South American Doubloons....
United States Gold Com
per oz.
per oz
s.
per oz.
standard, last price.
standard,
standard,
do.
do.
per oz.
per oz. none
•
•
•
«
....
6 mos.
d.
77 9
77 9
77 11
73 a
here.
d
8.
@
@
@
@ 74 0
@ ....
....
....
....
SILVER.
d.
8.
d.
standard. 4 11 5-16&....
standard,last price. 4 11 11-1H@....
per oz.
5 grs. Gold, per oz.
per oz.
....
s
no
price
lasc price, new, 4 11% old,
..per oz., none here
@
per oz.,
...
.
published this week is favorable. The stock
increase of £418,820, which indicates a con¬
siderable return of coin from provincial circulation. There is
however, an increase of £300,744 iu the circulation of notes, owin#
to the quarterly payments which have been made, so that the
increase in the total reserve is only £30,750.
The repayment of
advances to the Bank has been to the extent of £642,174, and the
The Bank return
26
of bullion shows
49%
44%
25%@25%
51
6 mos.
5%
6%
6%
Leipzig
"improved demand for foreign bills of
exchange, and the rates are rather less favorable to this country
There is still a good demand for gold for export to Germany, and
all arrivals are purchased for that purpose.
The arrivals of silver
—chiefly ore—have amounted to £174,000, the whole of which
is from New York, and they have been disposed of at former
prices. Mexican dollars are rathei cheaper. The following
prices of bullion are from the circular of Messrs. Pixley, Abell,
Langley & Blake:
has been
Bar Silver, Fine
Bar Silver, containing
Fine Cake Silver
Mexican Dollars
Five Franc Pieces
28.60
Open
rate. market
GOLD.
25%
•
May 27.
June 22.
J une 22.
June 25.
June 25.
June 12.
June 12.
Hong Kong...
Shanghai
BATE.
5%
8.
..
....
Penang
Singapore
mos.
'uhort.
June 27.
.
Buenos
short.
4%
....
....
TIME.
DATE.
©25.80
20.52 @20.56
short.
25.47%@C5.5T%
3 months. 25.87% @25.92)*
11.45 @11.50
6.25%@ 6.25%
Hamburg
ON LONDON
are
6
tinental cities;
There
©nglisl) Neius.
Cateat fllanetarn anti dommercial
4%
4%
Joint stock banks
*
Discount houses at caVl
Discount houses with 7 days’ notice..
Discount houses with 14 days’ notice.
The
3
43
THE CHRONICLE.
July 12,1873.]
4/?. 6%oL
65. 0%</.
Is. 11 %d.
Is. 1 la.
48. 6^d.
is. 6
an
proportion of reserve to liabilities is now almost 40£ per cent.
The following statement shows the present position of the Bank
London. Saturday, June 28, 1873.
of England, the Bank rate of discount, the price of Consols,
Tlie usual demand for money peculiar to the approaching: ter¬ the
average quotation for English Wheat, the price of Middling
mination of the half year has set in this week, and it will probably
Upland Cotton, of No. 40 Mule Tarn fair second qualit),
be maintained, almost in its present activity, until the home and the Bankers’
Clearing House return compared with the
payments due on the “fourth” of the month have been arranged four previous years ;
1873.
1872.
for.
The rates of discount are, nevertheless, comparatively easy,
1870.
1871.
1869.
....
IFrom our own
and in
some
correspondent.!
instances accommodation is
obtainable at
per
cent,
£
£
£
£
£
Circulation, including
bauk post bills
23,844 551 23,572,131 24,556,228 25.578,497 25,633,156
Public deposits
9,898,184 13,639.109 12,642.270
8,7*2,376 13,683.699
Other deposits
19,149,726 17.826,647 23,139,721 17.353,103 16,487,313
12,991.579 13,500,052 13,398.934
Government securities. 14,154.373 13.017,279
Other securities
20,552,209 22,854,906 20,661,763 2l,274,4u6 21.853,717
very quiet in every department, and the com¬
general that profits are small. It is probable,
therefore, that during the summer months the money market will
Reserve of notes and
rule easy, and that there will be no revival of animation until the
11.387,671 13,696,210 17,559,790 14,338,794 11,990,740
coin
autumn.
The new schemes introduced to public notice during Coin and bullion in
both departments.... 19,780.776 21,892,360 26.609,540 24,552,319 22,270,010
6 p. c.
3 p. c.
3 p. c.
2% p. c.
3% p. c.
the past few weeks have not been of a character to affect the Bank rate
92% d.
92%xd.
92% d
92%xd.
Consols
92%xd.
59s. Ud.
58s. lOd.
59s. 11 a.
50s. 5d.
46s. 4d.
money market, and the only foreign loans now spoken of are a Price of wheat
3%d.
ll%d.
8%d.
Mid. Upland cotton
9%d.
small one for Persia and one of considerable magnitude for Egypt
No.40 mule yarn fair 2d
Is. 2d.
Is. 4%d.
Is. l%d.
la 2%d.
Is. 4%d.
quality
viz., for £32,000,000. With regard to the latter, your readers
Clearing House return. 75,714,900 67,524,000 73,210,000 89,449,0U0^ 97,459,000
may possibly need to be reminded that in the year 1868, when the
The inactivity peculiar to the stock markets during the autumn
7 per cent loan was brought out, the Viceroy agreed not to intro¬
months
The account which
appears to have already commenced.
duce another loan for five years. Though he has kept his promise
has
been
arranged
this
week
has
been
a
very
light
one, and there
in not introducing a public loan, he has found capitalists who
have been willing to advance him large sums of money, and to appears to be no disposition to operate largely. It is believed
that the investing public have small means at their command*
meet the pressing needs of his treasury he has been compelled to
pay as much as 20 per cent per annum.
The large loan which he owing to the less satisfactory state of trade. Another reason
why they hold aloof is probably that they seldom buy in falling
is now about to negotiate will be first employed to pay off all
market^.
British railway shares decline from day to day, and
those debts which have been incurred, tbe total of which does not
the market for them will no doubt be unsettled, until some of
appear to be known ; and the balance will be for, as usual, “public
works.” Many persons, however, are of opinion that whoever the dividends have been announced, and until the exact cost of
undertakes the issue iu this country will encounter great difficulty working has been ascertained. Many persons are of opinion that
in floating it, as the public are very generally disposed to believe the extra charge for labor and material /will diminish the net
that if Egypt continues to accumulate debt at the present rate the earnings to such an extent as to reduce the amount of dividend.
financial difficulties will eventually become so considerable as to The traffic receipts, however, continue good, the total for last
week being £1,065,137, against £976,851 last year.
United States
oppose all efforts in restoring them to a state of equilibrium.
The loan for Persia will, it is understood, be a small one, and is Government securities have been in steady demand for invest,
probably more of the character of a “feeler” to ascertain what ment, and have improved in value. Illinois Central shares expe¬
rienced a heavy drop in the early part of the week, but are now
success schemes which Baron Reuter has iu contemplation are
firmer, and the value of Erie shares and Atlantic and Great
likelw to meet with.
The rates of discount have not materially varied during the Western securities has had an upward tendency.
The following were the closing prices of consols and the princi¬
week, and they are now as follows:
Per
cent.
Per cent.
pal American securities this afternoon :
4 months’ bank bills
5 @5%
Bank rate
6
Consols
••
92%@ 92%
6 months’ bank bills.
4%@5
Open-market rates:
United States 6 per cent 5 20 bonds, ex 4-6
91 %@ 91%
4 and 6 months’ trade bills. 5 @6
30and 60days’ bills
5%@...
do
2d series
*
9(J%@ 91
3 months’ bills
5%@...
*
do
1865 issue,'.
92%@ 93%
do
1867 issue,
.
...xd92%@92%
The rates of interest allowed by the joint stock banks and
do
5 per cent. 10-40 bonds, ex 4-6
89 @ S9%
do
fl per cent Funded Loan, 1871, ex 4-6
89%@ 90
discount houses for deposits are subjoined:
Business is
plaint is
now
very
-
..
•
•
•
...
.
..
THE CHRONICLE
<44
Atlantic and Gt West., 8 per cent. Debent’s. Bischofifsheiro’s ctfs.. 56 @ 58
Ditto Consolidated Bonds, 7 per cent., Bischoftsheim’s certificates. 46 @ 47
Ditto 1st Mortgage, 7 per cent bonds
79)£@ 80%'
Ditto 2d Mortgage, 7 per cent bonds
68 ,@ 69
Dittoed Mortgage
39 @ 39%
Erie Shares.- ex; 4-6
49%& 49%
Ditto6 oer cent. Converl ible Bonds,
96 @ 97
Ditto 7 per cent Consolidated Mortgage Bonds
94 @95
Illinois Central Shares, $100 pd., ex 4-6
86 @87
Illinois and St. Lonis Bridge, 1st mort
.
9) @100
.
Louisiana 6 per cent. Levee Bonds
40 @ 45
Massachusetts 5 percent, sterling bds, 1900
92 @ 94
New Jersey United Canal and Rail bds
93 @100 <•,
Panama Gen. Mort. 7 per cent, bonds, 1897
91 @93
Pennsylvania Gen. Mort. 6 perct. bds, 1910
Virginia 6 per cent, bonds, ex 4-6
99
42
@100
@44
In tlie market for Central American and South American stocks
[July 12,1878.
IMPORTS.
1872-73.
cwt. 36.089,717
12,201,561
Wheat
Barley
Oats...;,...
Peas
Beans
Indian Corn
Flour ...!..........
1.243,764
2,209,900
11 629,836
5,529,717
1871-72.
1870-71.
31,218.160
10,534 212
8,380,285
816,478
2.817,742
14,864,577
26,127,943
6.571,254
32,59;,833
7,248.737
8,751,971
18 Gr*W2
6,551;
807.915
1,437.435
1,508,963
1,586,078
12,091,764
3,733,214
2,621,207
W(i
14,740,395
5,197,532
EXPORTS.
Wheat...,•
2.168.046
3,098 941
15,403
103,209
110.130
46,073
1,421,671
262,783
13,207
17,211
Barley
Oats
Peas
Beans
Indian Corn
Flour
-18,160
............
,
6.8; 7
9.605
53,212
2,458
5,041
21,062
18,019
61,351
19,450
1,344,494
34,390
20,641
473,293
2.281
14,814
*
37,17
there has been considerable
rienced
a
heavy fall.
excitement, and prices have expe.
The trustees of the Bolivian loan have
ascertained that the loan will be insufficient to pay
struction of the proposed line of railway, as there
for the con¬
has been an
error of fifty miles in the calculation.
It appears that the Gov¬
ernment relied upon a Brazilian chart, and they have since
learned
that
the
route
selected must
he
altered.
It is clear,
nevertheless, that previously to introducing'the loan no proper
survey of the practicability of the route had been made, and this
fact’ will evidently be difficult for the trustees to explain away at
the meeting of bondholders on Tuesday.
The interest due next
week, however, is provided, and as there is an additional £42 per
bond at the Bank of
England, the policy of a strong desire to
sell, when yesterday the price was forced down to about 40, is
at once apparent.
Honduras bonds, which were issued at 80, are
now at only 14 to 16, and
17 to 19 ; and Paraguay 8 per cents,
which were last week 61 to 63, are now only 52 to 54.
The telegraph market lias continued firm, and increased firrnness has been apparent since tlie announcement that the Great
Eastern lias completed her portion of the work of submerging
the new Atlantic cable. The work of raising and repairing the
broken 1865 cable will now engross the attention ot the electri¬
cians, and much anxiety and interest are felt in the result of the
operation. The cable has now been submerged eight years, and
on the state in which that cable is will greatly depend the future
of telegraph property.
If still intact, telegraph property will
form a very popular investment.
The experiment of light cables to the United States will soon
be practically tested, arrangements to enable Mr. H. Ilighton to
lay a cable across the Atlantic being in active progress. It is
stated that if the experiment proves to be successful a great reduc¬
tion in the charges for messages must necessarily follow.
Messrs. Grant Brothers & Co. have issued the prospectus of a
loan of £115,000 in six per cent sterling bonds for the city of
Quebec. The price cf issue is 102, and capital and interest are
secured upon the revenues of the city.
The weather has been fine, and the importations of foreign
wheat have been liberal. Millers have, therefore, operated with
considerable caution, hut have been compelled to pay former
prices. The French, German and Russian markets have been all
very scantily supplied, and high prices have been realized.
English Market Reports—Per Cable.
Tlie daily closing quotations in the markets of London
and Liver
pool for the past week have been reported by submarine telegraph
shown in the following summary:
as
London, Money and Stock Market.—With the
exception of 65s
close at
American securities
slightly advanced prices.
reduced 1 per cent, and is
The Bank rate has been
5 per
now
cent.
The bullion in the Bank of
ing the past week.
Sat
Mon.
Tues.
Wed.
Thur.
Fri.
92%
92%
93%
93%
90%
90%
92%
92%
93%
*2%
92%
93%
92%
92%
93%
93
93%
90%
90%
90%
92-*
92%
93%
93%
90%
90%
Consols for money
92%
account
92%
U. S. 6s (5-20s,) 1865,old.. 93%
“
“
“
93
1867
U. S.10-408
New 5s
Tha
fort
England has increased £38,000 dur-
90%
90%
9Q%
States Gs
United
daily quotations for
were:
'
93%
90%
90%
(1862) at Frank-
_
90%
Frankfort
90%
4.*<
90%
-
Harvest work has been commenced in
the far south, viz., in
Algiers, Egypt and Asiatic Turkey. The yield is spoken of as an
average.
In this country, so far as the more southern counties
are concerned, the wheat plant is in bloom.
The wheat crop does
not promise to he heavy, but good quality is expected if the
weather during harvest should be fine. The plant is remarkably
short in the straw.
The following remarks are from Mr. Mechi,
who writes from E?sex, our principal wheat-growing county :
t;A very
wet autumn, followed by a frostless winter, rendered both the clear¬
Liverpool Cotton Market.—See special report of cotton.
JAp&i'pool Breadstuffs Market.—This market closes steady
at
a
Flour (Western)
Wheat (Red W’n.
“
mencing harvest about the first week iu August—in our early districts rather
d.
$ hbi 27
spr)..$ ctl 10
(Red Winter)
“ 12
0
9
0
(Cal. White club) “ 12
Corn (West, m’d) $ quarter 27
2
“
“
Barley (Canadian).. ..$ bush
Oats(Am. &Can.)
^ bush
3
3
Peas (Canadian)... $ a uarter 36
3
6
5
6
Tues.
s. d.
27 0
Wed.
d.
s.
Thur.
10 9
11 10
12 O
27 3
3 6
3 5
37 0
27
10
12
27
3
3
9
10
2
3
6
5
37
0
27 0
10
9
11 10
12 2
27 3
3 6
3 5
37 0
0
Fri.
d.
d.
8.
27
Sat.
d
d.
81 6
6
Beef (mess) new $ tee
81
63 0
0
Pork (Pr. mess) new $bb!. 63
39 6
e
Bacon (Gum. cut) new$ cwt 39
33 3
Lard (American)
“
64 0
Cheese(Amer’n fine)
“
8.
•
...
Mon.
d.
s.
81
6
63 6
37 6
38 6
63 ,0
Thur.
s.
d.
81 6
63 6
37 6
33 6
60 0
Wed.
Tues.
s. d.
81 6
63 6
37 6
33 6
62 0
d.
81 6
63 6
37 6
33 6
61 0
8.
Rosin (com. N.
“
C.)...<
fine
Petroleum(refined)...
(spirits)....
“
Tallow( American)... $
Oloverseed (Am.
red).
Spirits turpentine....
“
,
33
s.
46
1
0
2%
10
41 0
40 0
33 0
0
London Produce and Oil
last
Mon.
d.
7 9
Sat.
8. d.
cwt. 7 9
16 D
1
2%
10
cwt. 41 0
“
40 --0
Fri.
d.
81 6
63 6
39 6
33 6
60 0
s.
.
Tues.
d.
8 0
16 0
1 2%
8.
Wed.
d.
8 6
16 0
1 2%
b.
9%
41
40
33
0
0
0
Thur.
Fri.
8.
d.
8. d.
8 63
8 6
16 0j
16 0
1 2% 1 1
40
40
40
33
0
0
33„ 0
9*
9%
9%
41
Markets.—This market
40 9
40 0
3 30
9
0
0
closes at
Friday’s prices.
Sat.
£
s.d.
Lin8’dc’ke(obl).$ tn
9 15
0
Linseed (Calcutta)....
62
6
on spot, $ cwt
28
Sperm oil
$ ton 94 0
6
0
Sugar(No.l2D’ch std)
Whale oil
Linseed oil..
..
“
“
36 15
33 15
0
0
Mon.
£ s. d
9. 15 0
62 6
.
28
94 0
36 15
33 15
6
0
0
0
Tues.
£ 8. d.
9 15 0
62 6
28
94 0
36 15
33 15
6
0
0
0
Fri.
Thur.
£ 8 .d. £ s. d.
9 15 9
9 15 0
62 6
62 6
Wed.
£ 8. d.
9 15 0
62 6
28 6
94 0 0
36 15 0
33 10 0
28 6
94 0 0
36 15 0
34 0 0
28
94 0
36 15
34 0.
6
O'
0
0
COMMERCIAL AND MISCELLANEOUS NEWS.
Imports and Exports for the Week.—The imports this
week show a decrease in both dry goods
and general mer¬
chandise/ The total imports amount to $4,112,009 this week,
and $5,790,952 the previous week.
this week, against $5,568,681 last
week, and $5,728,915 the previous week. The exports of cotton
the past week were 8,286 bales, against 6,229 bales last week.
The following are the imports at New York for week ending
(for dry goods) July 3, and for the week ending (for general
against $8,447,831 last week,
The exports are $4,964,510
merchandise) J uly 4 :
Dry goods
-
General merchandise...
Stock breeders have done well.”
1870.
1871.
1872.
ft,223,132
$1,485,468
$1,519,228
3,179,747
5,210,780
"
Total for the week..
following figures sliow tlie imports and exports of cereal
8
6
Liverpool Produce Market.—Refined petroleum and tallow
declined, while, common rosin shows a gain of 9d.
FOREIGN IMPORTS AT NEW YCRK FOR THE WEEK.
arable farmers.
3
36
have each
There
being no laid crops, mowing and reaping machines will be very ex¬
tensively used, especially now that agricultural labor is so much dearer.
“I am afraid that this'will prove a second very unfavorable year for many
0
10 9
11 10
12 2
27 3
3 6
Liverpool Provisions Market.—Pork and bacon have each ad¬
Is., while lard and cheese have each declined.
sooner.
Tlie
11
s.
vanced
perature of June.
land, particularly where poorly farmed, the wheat crop especially must fall far
short of an average. I form this opinion both from my own observation and
from information obtained from most parts of the kingdom. Root crops
plant well, and the potato crop is at present promising. The early hay crop
will not be abundant. Beaus are doing well where early planted. Early table
peas are not an abundant crop.
Spring-sown wheats and spring corn generally are now improving rapidly,
but there wi 1 be very few laid crops of any kind, straw being short. This is
"in favor of a good quality of grain, which we may reasonably expect.
“Wheat is in and coining into full car in E sex, and we calculate upon com¬
Mon.
s.
d.
27 0
10 9
12 0
12 2
27 3
3 6
3 5
36 6
Sat.
8.
ing and seeding of the land difficult, imperfect, late, and costly. Then came
fourteen weeks of piercing, drying winds, with ni^ht frosts, the last severe
one being on the 20th of May.
As might be expected, the crops looked late,
thin, and gappy, until greatly improved by the genial rains and higher tem¬
“On good lands and on web-farmed lands, properly drained, deeply cultivated
and wen-manured, there will probably be an average yield of wheat and all
other crops ; but on the very extensive area of unimproved and undrajued
decline of 2d. in red Winter wheat.
Previously reported....
4,566,011
*4,402.819
$6,696,248
$6,085,239
152,463,573
195,778,813
232,125,858
1873.
$859,925
3
252,084
$4,112,009
219,390,510
produce into and from tlie United Kingdom since harvest, viz.,
Since Jan. 1
$150,866,452 $202,475,4)61
$238,211,097 $223,502,519
from September 1 to the close of last week, compared with the
In our report of the dry goods trade will be found the imports of
or esponding periods in the three previous years;
dry goods for one week later,
f.
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports, for the week
July 8:
111,123,604
$123,093,724 {$115,089,417
$96,036,831
Since Jan. 1
$3,965,813
$4,903,228
118,190,496
92,162,466
previously reported
1872.
1871.
week..$3,024,415
the
5 Nassau Street.
New*York, July 7, 1873.
1873.
We recommend to our friends and customers for investment of
$4,964,510
140,209,601 surplus Capital, or in exchange for Government Bonds,
$145,174,111
will show the exports of specie from the port of
York for the week ending July 5, 1873, and since the
beginning of the year, with a comparison for the corresponding
date in previous years :
American gold coin
$30,000
July 2—-Str. Iowa, LiverpoolThe following
New
$69,819
Mexico,
July 5—Str. Donau London—
American gold coin
Mexican eagle dollars
% dol.
5,000
.Mexican silver bullion....
Mexican silver coin
Silver bars.
July 3—Str. City of
Progresso—
Americ’n Bilver
For Havana—
'
BANKING HOUSE OF FISK & HATCH,
specie)
ending
EXPORTS PROM NEW YORK FOR THE WEEK.
1870.
For
45
CHRONICLE.
THE
12, 1873. J
J
«-
50,000
19,500
c
50,000 July 5—Str. Baltic. Liverpool-
American gold coin
Progresso—
American silver coin
1,531
July 3—Str. Cleopatra, Havana—
For
One box silver bars
July 5—Str. City of Paris,
Liverpool—
Thirty-one silver bars
6,997
gold coin
Spanish gold coin
Mexican
One box
4,182
2,268
48,000
14,216
BONDS; principal and interest payable in gold coin in
payable January land Julyl; Coupon or
Registered. Price 90 and accrued interest.
THE CHESAPEAKE AND OHIO RAILROAD, IS A GREAT
EAST AND WEST TRUNK LINE, 420 miles in length, extend¬
ing from Atlantic tidewater at Richmond to Huntington, the
most favoiable point of railroad connection with the Ohio River,
and developing the richest IRON, COAL AND TIMBER regions
in the United States.
$28,204,646
I Same time in
completed, and doing
It is
large, profitable and rapidly in”
a
creasing business.
$401,515
Same time in
CENT
New York; interest
27,8G3,131
Total since Jan. i, 1873
PER
SEVEN
OHIO
AND
GOLD
90,000
1,000
gold coin
Total for the week
Previously reported..
CHESAPEAKE
THE
FREIGHT
ITS
TRAFFIC,
PASSENGER
EARNINGS during the current year
has heretofore been
TRAVEL AND'
will be much larger than
anticipated, and they are developing
with
a
rapidity which shows the Chesapeake and Ohio to be one of the
most valuable and successful railroads in the country.
These facts, together with the SUBSTANTIAL AND ENDU¬
The imports of specie at this port during the past week liave RING CHARACTER OF THE ROAD ITSELF, ITS ADVAN¬
boen as follows:
TAGES FOR ECONOMICAL AND PROFITABLE OPERATION,
July2—Schr. Isaac Oliver, Aux
I July 5—Str. Ocean Queen, AsCayes—
|
pin wall—
AND THE UNQUESTIONABLE SECURITY OF THE BONDS
Silver
$8001
Silver
$500
Gold
750 OF THE COMPANY, enable us to recommend them with the
$30,262,456
46,441,084
13,185,566
15,541,446
1872
1871
1870
1869
$51,350,825
1868
1867
1866
1865
26,553,723
47,12 i,868
13,015,774
-
$2,050
Total for the week.
confidence.
utmost
r
’
-
.
.
2,736,732
Pamphlets containing full information concerning the Road and
the
Total since January 1, 1873
$2,738,782
country it traverses will be furnished upon application.
Same time In
Same time in
We
continue to deal in Government Securities, CENTRAL
....$9,671,486
1872.....
$755,540 1869
3,971,15i PACIFIC, WESTERN PACIFIC, and CHESAPEAKE AND
1871
3,219,930 1868
1,589.049
7.232,251 1807...
1370
OHIO SIX PER CENT BONDS, buy and sell Stocks and Bonds
Lacrosse Bridge.—The Secretary of War, after an argument at the Stock
Exchange on commission, for cash, make Collections,
by Hon. J. M. Rusk, has definitely decided the Wisconsin Railroad
receive Deposits, on wbicli we allow interest at the rate of 4 per
Bridge question by locating the bride at Lacrosse City, in accord¬
ance with the recommendation of the Government engineers. The
cent, and do a general Banking business.
FISK & HATCH.
contest has been pending in Congress and the department for one
Previously reported
,
The location selected by the Milwaukee & St. Paul road
south of Lacrosse, at a point which the engineers
would be detrimental to navigation and ruinous to the city.
year.
was
say
two miles
BANKING AND FINANCIAL
CEXT.'NEW
TEN PER
Mortgage
First
THE NORTHERN PACIFIC
ENGLAND INVESTMENT.
Sinking Fund.
determined
further issues of its
ST. JOHNSBURY
COUNTY RAILROADS,
VALLEY,
and
ESSEX
annum
and seventeen miles long,
interest.
.
/
loan is
now
reinvest
7-30 First Mortgage Gold Loan and
higher rate of interest than G per cent, on
bonds, the limited remainder of the 7 3-10
usual agencies.
opportunity to persons wishing to
a
desirable
July interest or dividends.
miles of its road built
including the entire Eastern Division connecting
Lake Superior and the navigation of the Missouri River; the
work of construction is progressing satisfactorily; the Company
has earned title to nearly ten million acres of its land grant, and
The
Company now has more than 500
and in operation,
averaged $5 G6 per acre.
securities are received in exchange for Northern
sales of lands have thus far
All marketable
.
security is greater than these first-class railroad bonds,
based on a large property, as well as on a large and constantly
increasing income.
The building and management of the road is conducted with
such economy and integrity as to make the investment very pro.
No
Pacifies.
JAY COOKE & CO.,
No. 20 Wall street.
HASSLER & CO.,
FAIRBANKS & CO., St. Johnsbury, Vt.
FAIRBANKS & CO., 311 Broadway, New York.
FAIRBANKS, BROWN & CO., 2 Milk St., Boston.
Financial Agents.
Henry Clews &
32 Wall street, N. Y.
„■
Oo.J
allowed
Exchange drawn on
Continent;
Travelers’ and
on
0aiettc.
(iil)e Bankers’
The following
Company.
Mercantile Credits issued available
Cent,
Schuylkill Navigation RR. & Coal..
West Chester &
Phil., pref. and cons. pref.
Insurance.
“
extra
on
Rooks Closed.
dcm.
July 15.
4 free. J uly 15.
?2
5
7
5
on
2X
on
5
5
6
on
dem.
July 10.
on
dem.
demJ
dem.
on dem.
on dem.
throughout the world.
N
past week :
When
P’able.
Itailmad*.
Little
all daily balances.
England, Ireland, Scotland and the
Dividends have been declared during the
Per
\
Mercantile firms and Individuals received
accommodations granted usual with City Banks;
in addition thereto interest
New York
DIVIDENDS.
Deposit accounts of
Bills of
No. 7 Wall street.
Bankers and Brokers generally.
Banking House of
all facilities and
wish to BUY or SELL,
RAILROAD BONDS.—Whether you
E. & T.
£gT For sale by
New York.
write to
perfectly safe.
Stable and
RAILROAD COMPANY having
being disposed of through the
affords
This
from the Connecticut
River to Lake Champlain, and forming the Vermont Division of
the Portland and Oirdensburg Railroad Trunk Line.
Issued in
denominations of $100, $500, $1,000, and absolutely limited to
$20,000 per mile, WI fH A BASIS OF. A CASH CAPITAL
STOCK OF $1,200,000 PAID IN AT PAR.
Principal due
in 1891. Interest payable in Gold Coin in Boston or New York,
November 1 and May 1. They yield, at present rates of gold,
8 3-4 PER CENT., and held to maturity 10 PER CENT, per
One hundred
close its
to
thereafter to pay no
Gold Bonds
OF THE
LAMOILLE
TO INVESTORS.
\
*>
r
?...
..
■
Phenix (Brooklyn)
St*r Fire...
Manufacturers’ & Builders’ Fire.
New York Equitable
Mechanics’ & Traders’ Fire
American Fire
American Exchange Fire
Citizens’ (interest div.)
Safeguard Fire
City Fire...
Continental
Arctic
Knickerbocker Fire
“
**
Relief Fire
extra
.
5
on
5
5
10
10
7
5
o"
dem.
dem.
6s. 1881
dem.
July 12.
on
3%
nn
5
on
3%
on
5
5
5
5
5
on
on
dem.
dem.
dem.i
dem.
dem.
dem.
dem.
Long Island
8
on
dem.
Manhattan Telegraph
5
on
dem.
*•
The Honey market
ence
30c scrp
60c scrp
pref..
6s,
68,
6s,
6s,
6s,
5s,
5-20’s, 1864
5-20’ 8, 1865
5-20’s. 1865,
5-20’8, 1867
5 20’s, 1868
10-40’s
Highest
Registered.
Coupon.
25 $120,581,700 $70,418,300
24 192,872,100
..reg.
112%
111%
113%
112%
113%
113%
100%
coup.
..reg.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Apr.
100% Jan.
112% Apr.
116% May 31
new coup.
coup.
coup.
6s, Currency
119
114% Jan.
114% Jan.
9
28
30
29
13
28
10
11
25
.
June I
27.
|
U. S. 6s, 5-20’s, 1865
U. S. 6s, 5 20’s, 1867
U. S. 5s, 10-40’8
New 5s
July 15.
July 15.
Friday, July 11, 1873—6 P. M.
and Financial situation.—The influ
July
July
3.
11.
93
93%
92%
93
89
90%
90%
89%
80,864.250
30,631’ 800
232,637,850
34,726.850
36.359,750
110,156,700
34,303.300
58,758.500
90,106,000
14,174,000
140,198,450
148.433.100
224 568.550
24,357,900
54,368,850
64,623,512
Closing prices of securities in London have been
miscellaneous.
Co
Bchnvlkill Navigation Co
,f
“
5-20’s, 1862
coup.
coup
coup.
coup.
5s, 10-40’s
July 15. July 10 to July 15.
July 15. July 10 to July 15.
on
6s.
Lowest.
112
Jan.
116% Apr.
May
123% June
118% Apr.
118% Apr.
120% Apr.
120% June
121% May
120% June
115
July
115% Jan.
5s, funded, 1881.... coup.
..reg.
6s, 1881
July 10.
July 11.
on
Range since Jan. 1.—
,
Cra* FVbElT Books CLOeED'
Company.
„
[July 12 1S73.
CHRONICLE.
THE
as
follows
:
Since Jan. 1.
,
Lowest.
91% Apr. 18
92% June 13
88% May 20
93%
93%
90%
90%
88% May 19
^
Highest.
1
94%
94%
92%
91%
Apr.
June
Jau.
Jan.
,3
12
31
31
State and Railroad ^onds,—Transactions in State bonds
have been small, and sales have been confined to a few of the
more prominent issues.
There has been no news of importance
of two holidays coming at the close of last week extended
into the eerlv part of this, and on Monday the markets were
Southern bonds, as we hardly consider the
granting of an injunction in the State Courts of South Carolina
generally very quiet. There has since been more activity, how* against the collection of taxes to pay interest on certain issues, as
ever, and a healthy tone seems to prevail in financial circles.
intelligence of, any special importance.
Messrs. Winslow,
The principal event of the week was the reduction of 1 per cent .Lanier & Co., of this city are now paying all the back coupons
previous to July, except a
in the Bank of England rate, which was made in consequence of on Louisiana State bonds, due
over
to affect the values of
few
which
are
under injunction.
In railroad bonds the
in the open market, the increase in the .business has been
increasing, and the demand is more active for
bank’s bullion, and the generally improved appearance of- the all the first-class
mortgages. Union Pacific bonds of all three
the lower rates for money
financial situation.
In
classes have shown
;
local money
market call loans have been readily obtaintainable at 3@4 per cent, and the prospect of continued ease has
been strengthened by the increase in bank reserves, caused chiefly
by the large disbursements of gold made at the first of the month
in interest payments, which more than balance the proportional
increase of liabilities in the deposit line, and thus increase the
reserves.
On commercial paper rates are quoted at 5^@7 per cent
for prime names, and business lias been of fair amount.
The Treasury is now taking in currency by its large sales
of gold against small purchases of bonds, and it may be pre¬
sumed that the policy will be pursued of increasing the cur¬
rency disbursements in the autumn, when money is always
needed.
With this plan followed in the Treasury operations, and
a general caution exercised by borrowers in regard to making
provision for their monetary wants during the Fall, the proba¬
bility of an excessively stringent market in that season will be
our
greatly diminished.
Cable advices
Thursday reported an increase this week of
£38,000 in the bullion of the Bank of England, and a reduction of
1 per cent in the rate as above stated, to 5 per cent.
The Bank of
France loses 43,000,000 francs in specie, in connection with the
Government indemnity payment to Germany on the 5th inst.
The last weekly Clearing-house statement of New i'ork city
banks, rendered July 5, showed an increase of $2.8fi5.o50 in the
excess of reserves above the legal
requirement, the whole of such
excess being $16,808,000.
The total liabilities stood at $259,645,6u0,
on
the total
$3i ,719,400.
The following table shows the changes from previous week
and a comparison with 1872 and 1871:
ana
reserves at
1872.
1873.
1871.
June 2^.
Inly 5.
Differences.
July 6.
July 8.
j,oans ana dig. $281.506,COO $286,905,800 Inc.. $5,399,200 $296 901,800 $299,078,677
JSpeoie
27.661 500 33,551.400 luc.. 5 889.900 28.785.500 19,145,775
Circulation....
27.311.400
27.276.260 D c.
35.200
30.411.874
27,503/00
Net deposits..
224.040.800 232.36o.400 !nc.. 8,328.600 241/74 900 251.307.552
Legal tenders.
49,119.000
48,168.000 Dec.
951,000
52,508,600
United States Bonds.- The market for
government
69.976,823
securities
has been nuite firm, and
prices have advanced on some of the
fully 1 per cent since the date of our last
report—July 3. There is a decided scarcity of bonds, as usual,
and as a result of this fact there has been more inquiry for th°
registered issues, from home purchasers ; the latter generally rule
a fraction below
coupon bonds and paying the same interest ate
quite as profitable and really safer for investors who intend to
issues of five-twenties
Lold for a considerable length of time.
In the London market
securities have aLo been stimulated by the reduction of the bank
rate, and
Int. period.
funded, 1881,
5s,
6s,
6s,
6a,
1881
1881
5 20’s, 1862
6s, 5 20'a, 1864
6a.
...
5a.
.
5a,
6s,
*
This is the
price bid,
The range
July
July
July
8.
9.
July
7.
10.
11.
114%
114%
117%
115
118
*115%
..
.
6s,
6s,
July
5.
..coup.
.Quarterly.
.reg. .Jan. & J uly.
coup. .Jan. <fc July.
coup. .May
coup. .May
5-2r’e, 1865
coup. .May
5-20’a,1865 new,coup. Jan.
5-20’s, 1867
coup. .Jan.
5-20’a, 1868...:.coup. .Jan.
10 40'a
reg. War.
10-40’a
coup. .Mar.
Currency
reg. .Jan.
6e,
July
no
& Nov.
& Nov.
& Nov.
& J uly.
& July.
<fc July.
& Sept.
& Sept.
& July.
sale
wa8
117%
119% *119%
119%
117
117
117%
*118
115%
*118
119% *119%
117% *117%
117% *117% *117%
178% *118% 119
117% 117% 118
118% *118% 119
a
O'
*116% *116%
s
11«% H6%
117% 117%
117% *'17% *118% 118
118%
*113% *113% *114 *1!4% 115
*114
♦114% .114% *114% *114%
1H% 114^*114% 114% 1H%
SB
*118
118%
made at the Board.
in prices since Jan. 1, and the amount of each class
of bonds outstanding June 1,1873, were as follows :
and
are
higher than last week,
1.
list no.
Alley, John B.
•
Araef, Oakes
Ames, Oliver
Ames, Oakes, trustee.
,
i
Andrews. Frank W.
Atkins. Elisha
Baker. Ezra H.
Fessenden, Sewall H.
Foster, Pieri epont B.
French. L. Eugene
Fourth National Bank*
of New.York.
Bardwell. Josiah. trustee
Forbes, William D.*
Gardiner. John, trustee.
Gilbert, Horatio
Gilbert, Horatio J.
Gilmore, E. W.
Barnes. Oliver W.
Glidden, William T.
Bates, Benjamin E.
Berj. E., trustee.*
Beard, Sylvester M.
Beard, Eli
Blood, Henry
J’.oyer, B. M.
Gray, G. Griswold
Baker, Ezra H.. Jr.
Bardwell, Josiah
Bates.
Bradford. Gamaliel
Bristol. William B.
Bushnell, Cornelius S.
Bliss, George*
<
Grimes. James W.
Gray, H. W.*
Hazard, Isaac P.
Hazard, Rowland.
Hazard, Rowland G.
Hazard, Elizabeth
Hazard, Elizabeth, trus¬
Hazard, Anna
Hazard, Marv P.
Chapman. Oliver S.
Crane, Henry C.
Crane, Henry C.. trustee.
Crane. Henry C., trustee
for W. D. Train.*
MeComb, Henry S.
j McCormick, Cyrus H.
McNeil. Robert G. S.
Moore, E. C.
Meyer, E. Reid*
Neilson, Chas. H.
Nickerson, Frederick
Nickerson, Joseph
Nickerson, Thomas
Robbins, Henry A.
Robbins. Royal E.
Sanford, Hrevey
Scranton. Joseph
H.
Skinner, F, & Co.
Skinner, F. & Co., trus¬
tee.
Hall. Chas. M.*
harlick. Oliver
|f Macy, William H.
Op lyke, George
Peck, Nathan
Pigot. Joseph B.
Polil, Paul, Jr.
Richardson. Joseph
tee.
Hedden, Josiah
Hobart, Aaron, Jr.
Holluday. Benjamin
Hooper, Samuel <fc Co.
.
Smith, J. N.
stetson, Thomas M.
Stevens, W. B., tiustee.
Stewart. Benedict D.
Thaeher Isaac
Cummings, Wm. A.
Horner. Anna
Davies. John M.
Hotchkiss, Henry
Hough, Benjamin K.*
Torr.y, Lydia
Train, Willie Davis
Trowbridge, Ezekiel H.
Howland, Gardner G.*
Trowbridge. Henry
Dillon, Sidney
Dillon, Sidney, president
Dodge, Anna M.
J nks. Barton H.
Duff, John R.
John-on. J
D’lrant Thomas C.
Dana. Samuel T.*
Jones. David
Day. William F.* (cashier
Lam hard,
in trust.)
Duff, John.*
Alley, J. B.. account of
somebody.
Ames, Oliver & Son.
Ames, Oliver, by A. C.
by E. R.
Ames, Oliver,
Eager.
Ames, Oliver,
by John
Bardwell, Josiah, by,
Stephens. Amory & Co.
Bardwell, Josiah, by T.
Waite. C. O.
Williams, John M. S.
Williams & Guion*
no:
Zborowski, Martin
2.
Credit Mobilier.
Lockwood, Le Grand, by
Cook, Ebenezer.
Judge Emott.
Lockwood. Le Grand, by
G. Ames.
De Haven & Bro.
Dodge, G. M.
Durant, W. F.
Gilbert, H. & H. J.
Glidden
James
Glidden
Glidden
Lockwood, Le Grand, by
O. C. Smith.
& Williams,- oy
Stur«:is.
& Williams.
& Williams, by
Marquand & Son.
1
Guest, W. A.
Hazard, R. G., by J. F.
Williams.
H. Perkins.
Bardwell, Josiah, by D.
Foster.
Bai dwell, Josiah, by
W. Andrews.
Beard & Cummings.
F.
Ham, B. F.
Hawley, Thomas.
Hooper, Samuel.
Ingalls. Henry, ac. G. A.
Miller.
Johnston, J. B. & Co.
Blake, H. T.
Iselm & Co.
Bliss, George.
Brooks, Jar
Vernon, Sophia
Chas. A.
Lockwood, Le Grand
! Low, Abiel A.
list
Harding.
Train, G. F.*
B.
mas
King, John L.
Pon dir.
Ames, P. Adams.
prices were generally strong.
Closing prices daily have been as follows-
better tone
a
probably influenced by a strong conviction on the part of bona
fide holders, that the Government will not be guilty of such injus¬
tice as to prosecute its suit to their injury. We published last
week the notice given by the company to its bondholders, and
furnish below the full lists of names embraced in the notice.
Every person presenting a coupon was asked the following
questions:
1. Do the coupons which you now present belong to either of
the persons named in lists Nos. 1 and 2? 2. Are they the coupons of bonds which were distributed as
dividends or a.lotments of profits to shareholders of fhis com¬
pany directly, or by the seven trustees under the Oakes Ames
contract, or the Davis contract, or through or by the Credit
Mobilier of America; and if so, to whom do they belong?
The lists designated Nos. 1 and.2 are as follows:
.
Bushnell, C. ., by F. S.
Hodges.
Bushnell, C. S., by J. B.
Johnston.
Bushnell, C. S., by John
Pondir.
Cisco, J. J.
Cisco, J. J. & Son.
Lockwood. Le Grand, by
C. V Lambard.
Lockword. Le Grand, by
B. F
Ham.
Lockwood, Le Grand, by
H. Williams.
Lord, Thomas.
Opdyke, George & Co.
Patterson, F. W. & Co.
Phelps, James.
Robbins, II. A. & R. E.
Shaw, Prosper P.
Scranton, E. S. & Co.
Skinner, F.
Stone & Downer.
Knight, W.
Lambard. C. A., by Page,
Richardson & Co.
Lambard. C. A., by Glid?
den & Williams.
Smith, D. N.
Smith, J. N., by B. F.
Ham.
Stevens. W. B.
Lambard, C. A., by P.
Smith, G D.
Tracy, John F.
Tuttle, Cnarles.
Lockwood, Le Grand, by
White, William.
Adams Ames.
J. Richardson.
.
and lire
Closing prices daily,
July
-
'
6s Tenn., old
6s Tenn., new
C8 N. Car., old....
6s N. Car., new...
Un. Pac., 1st
L’d Gr’tT
Income.
do
do
Erie 1st M. 7s
N. J. Cen. 1st 7s..
Ft Wayne 1st 7s.
Rock lsld 1st 78...
*80%
77% Apr. 13
78% Apr. 16
26
June 18
16% Apr. 4
*52*
B
*i5
o
.
.
,
m
“43
53
93
81
71
70%
59%
.
-
-
....
15%
*100
S2
*
*27
•
1*H)%
82%
71%
-
*15
*15
*43
*53
*10
*15
53
*15%
93%
100%
82*
71
71
•
....
•
103
103
:
103
102*
103
Mch. 19
Mch. 17
86
86
34% Jan. 30
4
19
Jan.
7
Feb.
49
6
Apr. 3 56* Mch. 17
10% June 26 15% Jan. 2
Jan. 20
13
May 23 23
June 28
92
July 2 97
Feb. 10
104%
Jan.
2
99
81
July 8 89 Feb. 4
Jan. 6
67% June 2 80
June 21 83* Jan. 6
57
Jan.
6 103% Apr. 25
101
102
Mch. 15 107% Ju'y
1
102% Jan. 6 109% Apr. :»
100
Jan.
6 ,1(6% June 17
52
60
59%
*57%
59*
103
*102*
“102* *102%
107% *106% *105% *107
*103
*106
1(6%
106%
•
Highest.
43% June
*92%
100%
82*
generally believed to be made, in part at least, for
speculative effect, the bankers through whom the export is made
being guaranteed against loss, with possibly a slight profit on the
transaction. The total shipment thus far has been about $2,200,000, of which about $1,750,000 was gold coin, and the estimates
for to-morrow’s steamers is nearly $2,000,000 more, though this
may be too high.
The rates paid for carrying to-day were
2£, 3, 4 and 2 per cent, and fiat for borrowing. On Thursday the
Treasury sold $1,000,000 gold, the total bids amounting to $2,703,600.
Customs receipts of week were $2,147,000.
The following table will show the course of the gold premium
each day of the past week:
,
,
79*
.92*
1(0%
92%
sc
10.
*80
11.
80%
*52%
*26*
*
*
8.
8"%
*43
....
6s Virg., old
do
consolid.
do
deferred.
5s S. C., J. & J....
6s Missouri... ....
Cent. Pac., gold..
8.
Lowest.
80
*27
*15
*43
*
•
July
80*
5.
l
l
July
July
this week
since Jan. 1, have
been:
Since Jan. 1.
range
July
July
This is the price bid, no sale was made at the Board.
Railroad and Miscellaneous Stocks.—1The
Saturday, July 6
Monday,
“
7 ...115%
“
8
115%
Tuesday.
Wednesday,“
9
115%
Thursday, “
10.... 115%
Friday,
“ 11
115%
opened favorably on Monday bo far as prices were concerned, but
business was quite dull after the preceding holidays, and trans¬
actions were limited.
Subsequently there, was more activity
shown, and the market has since presented a fair amount of busi¬
ness for a midsummer season.
The tone, with some exceptional
reactions, has been strong, and the several changes which have
been made in Lake Shore, Northwest, and Pacific Mail seem to
be favorably regarded, and have led to more activity, and in Lake
Shore to higher prices. The general market was strong to-day
in the afternoon, except in Union Pacific and Erie, which were
lower, the latter in sympathy with the London prices, and on a
rumor that some of the preferred stockholders intended to com¬
mence suit against the company on account of the payment of
dividends on the common stock. Notice was given to day by the
chairman of the Stock Exchange that “ Messrs. Morton, Bliss &
Co., the financial agents, have been enjoined from transferring
Union Pacific stock in the names of persons recently published as
bondholders, and such stock is not now a good delivery to pur¬
chasers.” The extended lists of bondholders are published
N.Y.Cen.&H.R.
Monday,
July 7.
102% 103%
Harlem
Erie
do pref
Lake Shore....
Wabash
62% 62%
*71A 73
95% 96%
6* % 70
Saturday,
July
.
126
176
Northwest
71
do
pref.
Rock Island
St. Paul.../..,.
81%
1(9 %
pref....
Pac.,pref.
& Miss...
73
*....
3*
uo
71%
81*
At.4
Ohio
Central o* N.J.
Bost., H.& Erie
0
do
pref.
Union Pacific..
Col. Chic.& I.C.
SB
<
73
22
51%
52%
72%
20%
73
21
85”
26*
‘28 *
110%
84%
40
*33
26%
28% 29
*U0
31%
Quicksilver....
pref.
35%
Pacific Mail....
39%
Canton.
Cons. Coal
27%
29%
110%
84%
40
62
*63
*63%
*
70%
70%
*70
#
*96” l66”
*53%
23
28%
*96”
55
23”
41%
tf
36% 37*
*
95
*70
74
55%
55
36* 37%
95
.....
10
11
....
This is the
price bid and asked
The en:ire range
follows :
N. Y. Cen. & Hud.
Harlem
Erie
do pref
Lake Shore
Wabash
*22% 24
sale was made at the Board.
Lowest.
R...
Highest.
|
97% Apr. 16 106% Feb.
6 140
114% Jan.
Apr.
53% Jin. 18 69% Feb.
New
72
May
5
16
Feb.
82
97% Feb
88% Apr.
62
75% Jan.
Apr.
Feb.
63% July 11; 85
pref
80% July
...
do
pref
Atlantic & Pacific pref.
Ohio & Mississippi
Central of New Jersey.
191
Nov.
51
11; 64% Apr.
68% Apr. 17 79% Jan. 24 72% Nov. 11
1 38% Jail.
.36% June 11 49% Jan.
96
Apr. 8 106% June
2
June 3: 10% Feb.
Boston, Hartf. & Erie.
Jan.
7i 106 June
93
Del., Lack. & Western.
Hannibal & St. Jo
do
do
pref.
Union Pacific
Col., Chic. & I. C
"
.
5 230
Nov. 23
4i 66% Jan.
Nov. 25
3 83% Nov 11 j102
Feb.
Mch. 11,101 Nov. 11'118% Apr: 2
104% Apr. 16117%
49% June 11 62% Apr. 21
Rockls’and.
St. Paul
18
32
54
22
July
June
June
June
29
24
llj 52% Feb.
2 71% Jan.
20; 39% Jan.
26% June 11; 43%
95 Feb. 26 130
94%
Telegraph.. 77% Apr.
46%
36 May
Quicksilver
57
do
pref
47 May
Pacific Mail
34% July
76%
Adams Express
100%
92% Apr.
American Express
70%
61% July
82
United States Express. 70
Feb
86
Wells, Fargo & Co
73 July
110
90
Canton
Apr.
Consolidated Coal
58%
43 Jam
Maryland Coal
20 Jan. 13 28
Panama
West. Un.
7
3
83
1
Jan. 20
1
Nov. 11 51% Apr.
Oct.
4 113% Jan. 15
40
98
3% Jan.
2 11% May 18
Dec. 13 112% Mch. 16
Nov. 11 59% Jan. 17
61* 44
Sep. 18 71% Jan. 19
42
Apr. 1
28% Jan.
7
91
28
19% Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
72
Feb.
30
Feb.
Jan.
Jan.
53% Jan.
8^% Sep.
67% Sep.
25% Jan.
Jan.
60% Jan.
56% Jan.
88% July 6
95
May 21
76
May
Apr.
May 21
Oct. 26
Dec. 23
Dec. 6
59
Oct. 21
103% Oct. 22
99% May 20
80% May 24
Jan.
59
Jan.
Jan.
42%
148%
82%
49%
Jan.
107
Oct.
23
Mch. 17
^Lapsley & Bazley, 74 Broadway and 9 New street, quote
stock
“privileges” (signed by responsible parties) 1®1* per cent premium foi 30 days
and 1%®2 per cent for 60 davs, at prices varying from the market as fo'lows :
Puts below. Calls above.
Puts below. Calls above.
Central & Hudson.. %© *
Lake Shore
%@l
Rock Island
I%@2%
Erie
1*^3%
Pacific Mail
2%@i
Northwestern
%® *
1 @2
1 @2
2%@4
1*®?*
3 @5
lg(Si‘2
%@1%
Ohio <fc Mississippi. *®1*
The Gold Market.
2 >«3
1¥®3
1 %®2
do
Pref.
West. Union Tel.
.
*@1%
1%.® I*
Union Pacific
Wabash
Col., Chic. & I. C.... 1%®!*
B. H.& Erie
%® A
St. Paul
1%@2
do °
1 %®2
pref
Gold % p c tor 30 ds *®1
Gold A P c lor 60 ds *@1
There has been
some
bull party
1,613,101 61
1,320,077 04
1,440,011 44
802 980 36
Currency
Gold.
$810,722
2.151,008
800,106
469,301
$700,472 02
1,645,569 95
66
1,559,218 73
2,535,216 79
493.801 42
569,529 14
93
56
80
51
1,035,611 0(?
181,9221
1,734,725 48
72 $25,764,387 23
63 $25,692,62: 54
Banks.—The following statement shows
of New York City for the
the commencement
of business on July
AVERAGE AMOUNT OF-
B WKS
Legal
Co
Mechanics’.....
Union
America
Phcenix
.
•
Tradesmen’s
Fulton
Chemical
Merchants’Exch’ge.
National..
Butchers’&Drovers’
Gallatin,
Mechanics& Traders
Greenwich
Leather Manuf
Seventh Ward
State of N. York.. .
American Exch’ge.
Commerce
Mercantile
Pacific.
Republic.
Chatham
People’s
North America
Hanover
Irving
Metropolitan
Citizens
Nassau..'.*.'
Market..
St. Nicholas...
Shoe and L ather..
Corn Exchange
1,000,( 00
1,000,000
2,'HH',orO
750.000
Continental
Commonwealth
Oriental
Marine
1,500.000
Park
..
Mech. Bank’g Asso.
500,000
Grocers’
North River
East River
Manufaci ’rs’ * Mer.
Third National
1%@3
U4@l%
1%@1%
specie.
the large shipments
4lKi.uu*J
*
Importers’* Trad’rs
First
Circula-
Tenders. Deposits.
Capital. Discounts. Specle.
$391,000 $12,293,400
',(>00,OX 113 076,700 $3,211,600
1,662,300
947,000
6,221.500
7,597 600
8,114.100
1,112/00
9.713.100 1,669,000
o’nm’mn
331,200
1,042.200
3,533,900
5.475,600
548.400
626,800
3,26),‘200
1,500.000 4.844.300
6,759.000
1/89/00
8,284,000 1,740.900
3,000,000
813.300
361 7005
2/57,100
3/65.000
Viffi’nm
1,690,3,*)
331,000
4.041,100
5,784.000
1,()0U,UUU
67.6 0
601,700
1,8*0,800
‘252,300
1.WJJ.000 3,1.73U,99P
133,000
420,7(0
1,313,300
600*WX)
239.900
1.090,400
4,630,800
6,741,000
63,3"0
735,660
2,508,600
S.2 '5,300
L23\(>’0
578.3 0
1,990,100
434.300
3,570,=4)0
1.500/00
25/00
536,400
1,817 200
2.524.900
8'X),000
17.300
316,0*0
1,103,4(0
1.873.300
600/00
267/00
1,140,(00
1,150,800
200,000
33-2,700
407/00
2,513.400
3,1-8,100
POO.O-K)
59.200
240,400
887,600
1.192.700
500,000
578,600
1,5(8,800
4,135,100
4.773.200
2,000,000 10,506,309
1.63 ',000
1,417,500
6/28,800
5,000,000
1,323/00
5,277,600
9,426,100
10,000,(U0 18,992.300
761/00
348,700
3,313/00
5,2*8,700
681.200
384,500
4,022,600
4.352.900
1,000.000
222 200
15.300
1,440,900
1,-98,500
,45?’mn 4.943.200
1.63 * 000
501.900
4,002,600
209,100
543 300
2.308,700
2,24'. MOO
450,000
165,000
3,500
1.280,000
1.460.200
412,500
248.900
211.000
2,951,200
8 353.400
1.0fi\0CH)
815
283.59J
900
2,297,700
3.131.300
1
31.500
70:1.000
2,743,(1)0
9,721,1 (0
5 0,000 10,
227 /00
25,7-JO
1,958,9(0
5,904,0.10
4,01(3,(00
62/00
384,*
)00
1,402.6(0
1,436,1(0
40( ,0( 0
221 3(0
44,600
!,902.900
2.156.700
1,"00,000
373,700
1,760.700
84.500
2 951,2 K)
1/00,0(0
297,0:0
287,900
1,149,800
2,357,400
1,000,000
261,800
680,000
2.718/00
3,462,000
J’mS’mn
Broadwav
1%©3
%@ %
5, 1873 :
Net
*
1%©2%
l ®2
1%@2%
advance has
The
export movement to
in gold has been looking for an
operations for some time past, and
assist their
86
61
96
$408,620
1,558,565
519,120
456,787
$761.895 76
2,612.315 11
1,360,550 14
of the Associated Banks
week ending at
Fourth National....
Central National...
Second National....
Ninth National ...
activity in the gold
market, particularly to-day, at higher prices, as the
been assisted by a considerable export movement in
-Payments.-
Currency.
Gold.
York-City
the condition
Merchants’
Highest.
4l 81
Nov. 11 101% Apr.
2
1 107% Feb. 12 130
Apr. 25
5 75%
-Feb.
4 30
May 20
4 60
Mch. 2 87
May 20
1* 83% Nov. 11 9^% Meh. 30
2 64
Nov. 11 8u% Apr, 4
_
follows:
-Sub-Treasnry.-
474,000
465,000
431,000
430,000
New York
from Jan. 1,1872, to this date has been as
»
Jan. 1 to date 1873.
Whole year
1872.
%[, Lowest.
J
Northwest
do
; no
72%
the Custom House and Sub-
-Receipts.-
263,00)
Manhattan
*
as
41%@ 41%
97%@ 97%
73 @ 73%
41%@ 41%
97%@ 97%
Loans and
51%
*54
24
*22
9
...
*93% 100
55
97%@ 97%
5.15 @5.15%
40%@ 41
Total ......$-2,147,000
Balance, July 3.... $39 207,168
Balance, July 11.... $38,932,386
*74
*97% 100
*22% 24
8
“
“
63*
70% 70%
74
7
“
“
63*
63% 63%
70*
76%
96%@ 96%
72%@
$84,000
5
“
40
50
*4?” 50% *47”
37%
37
40
40
40
40
99
*.
Custom
House
*2% 2*
99% 99%
41
41%
*57% 60
2i% 28%
2*
2%
98*
"
..
Treasury have been
July
...@....
5.17%@5.18%
5.15 @5.15%
5.20 @5.20%
40%@ 40%
.
The transactions for the week at
103
110%@llU%
@109%
5.22%@5.23%
5.20 @5.20%
Prussian thalers
27% 28%
28%
29
30%
•28* 29%
29%
*110% 111
110% *11U% 111
85% * 84% s5* * 85% 86%
*94% 95
"53%
Maryland Coal.
21%
29%
111
85%
,
73
63
40
«
98*
36% 37%
"94% 95
70% 7"%
United States..
Wells, Fargo ..
98%
109
Receipts.
103
110%®>110%
109%@10y%
Frankfort
Bremen
73
103
103
Hamburg...
20%
-
102 ■>, 102%
2A
2%
Swiss
Amsterdam
110% 110%
52% 52%
73
73
$3,033,659
2,693,070
3 days.
days.
109%@109%
Antwerp
81
81
$219,136,000 $2,581,114
116% 116
115% 115% 261,173,000 2,340,926
119% 116
60
68% 69%
20% 21
39%
21
21
T0%
50%
£'•%
95
61
95
*
3
Adams Exp ...
American Ex..
81%
110% 111%
52% 52%
72* 73%
56
*55
25%
Panama
West, Un. Tel.
do
81%
39%
89% 39*
*101
103
1(5% 105
2A
2%
2%
2%
93
93
98
98%
41
31% 3J
89*
K
Del., L. & West
Han. & St. Jos.
81% 81%
*
Balances.
Gold. Currency.
,
Holiday
$32,384,000 $2,755,913 $3,190,330
41,484,000 2,588,679 2.873.772
58.001,000 1,989,613 2,893,996
43,700,000 1.560.880 2,006,110
43,567,000 2,581,114 3,033,659
115%
115%
115%
115%
116
London prime bankers
Good bankers’do
“
commercial
Paris (bankers)
91* 92%
69* 70%
96%
69% 70%
68% 69%
81
81%
110% 111
52% 52%
,
Foreign Exchange.—Exchange has been strong, and closes
higher, 60 days sterling being quoted at 109$@109f, and short
sight at 110f@110L although the outside rates are, as usual, a
little above the actual figures at which business is done.
The
supply produce and cotton bills having fallen off, and the pur¬
chases of Government bonds for abroad being hindered by the
prevailing high prices, the rates for sterling have thus advanced
to near the specie shipping point.
Some bills have been drawn
this week against the N. Y. Central and Hudson loan negotiated
abroad several weeks ago.
The following are quotations :
*72
74
*72
115%
115%
115%
115%
116%
115%
115%
115%
115%
115%
Current week
..115% 115%
Previous week
115% 115
Jan. f, 1873, to date...112% 111%
128
61
60%
61% 62%
96% x41%
70%
...
July U.
103% !03*
126
129
127
70%
68% 69%
64% 70%
69% 71
110% 111%
11-*.%
51% 51 %
...
96%
96
July 10.
103% 104
73
73
96
..
..
follows:Friday,
Thursday,
Tuesday, Wednesday,
July 9.
July 8.
103%'104% 103% 104%
129%
126% 129% 129
61% 63
60% 62%
Quotations.
<
stock market
daily highest and lowest prices have been as
are
Open- Low- High- Clos-.' Total
iDg. est.
cst. ing. Clearings.
*
above.
The
47
CHRONICLE.
THE
July 12, 1873.1
National
N.Y.National Exch..
Tenth National
Bowery National...
New York Co. Nat.
German American.
Dry Goods.
Total
2,000,1X30
1.815.900
1,520,000
2.261/00
14,191,70S
15.311.100
1.369.300
81.5)0
2 4,000
1,430,9*20
111,9(K)
354,(00
13 20)
7.2-0
1,267.100
195,900
298.200
3-9,30 )
426,61*0
3,544,300
1.512.400
184,400
4,555,200
225.800
1.155,600
2.091,400
14 40V0)
472.400
300.000
761 300
2,600
400,000
350,000
500,000
5,0)0,000
3.000,000
3-0,000
990,700
1,0(7,100
1,021,500
25,692,310
9.6 3,000
1,701,9 0
19 800
133,300
25/300
18,2*0
305,000
1,500,'C-C
6.267,210
4,150,2)0
5
03
1,000,000
5 K',000
1,000,0(0
•250,0- 0
290,000
2.000,000
1,000,000
2,71*0
.
5.2(8,000
77,000
6.727.6 0
414.500
1,374/(0
685.6 0
1,179 S0-J
1,740,101
1,175.* 00
162.500
3,100
1,170,800
5,556.000
2,263.910
15 3 0
183,000
3,437.400
2,717,000
446,800
1,659 6 0
187. 00
1.233,10*)
242,10i)
221,600
279,0*0
277,3(0
313.900
7 410
719,1(0
289,700
1/49,700
19,977,100
1,261,200
621,100
901,800
797,800
855,400
22.181.700
8.3S3.000
1.441.6'. 0
6,153,300
4 822,890
6,6'8,8(0
'740,300
530,300
884.0 0
854,2'0
4,950 / 00
1,870 900
868,800
475 /00
476,000
1,‘200
517/00
752,600
444 000
486/00
238.500
195,700
2,700
25°, 8 4)
170.500
528.500
954,400
3,115,700
900,000
476.800
853.800
1 SI ,700
5,600
290,701
179.800
1,174.2(9
1S0.9U0
3,900
359.900
7.89 706
719,400
5/00
571,100
233,000
4,100
360.(00
493/(0
870.700
305.700
224/00
2/30,700
1,407,7(0
265,000
592.700
313.700
714,200
266/00
884,500
225/00
18U.OUO
$34/29.200 $286,905,800 $3 >.551,400 $13,163,0(10 $283/69 400 $27,276,200
from the returns of previous week are aa
The deviations
follows:
2.805 0 >0
2,602,7 i0
tion.
$845,600
9,700
48
Loans
Legal Tenders
'The
following
April 26..
May 3
May 10...
May 17...
May 24...
May 31....
June 7....
June 14...
June 21...
June 23...
the totals for
are
Inc. $8,328,600
Dec.
35,210
Net Deposits
Circulation
Inc. $5,399,200
Inc.
5,889,900
Dec.
951,000
Bpecie
Legal
series of weeks
past:
Circu¬
a
Tenders.
Deposits.
lation.
37,690,600
40,C51,700
188,220,600
27,737.700
693,515,939
196,471.900
27.564.4iK)
41,914,310
43.102.200
42,752,900
44,332,3'X)
202,819,100
2 '7,834,100
209,762,300
203.136.500
27,5:3,500
27.459.200
27/93,8U0
698,035,783
655,285 410
45,SO •> ,000
211,475,800
46,397,• 00
218,171,10)
46.704.200
49,119.000
220.392.500
20,632,600
19,482,000
25,984.800
2 i,96 i ,600
27,398,300
27.651.500
33,551.400
278,5)1,800
281,505.600
July 5....' 283,905.800
221,040,800
232,369,400
48.168.0J0
615,076,093
578,673,92;,
454,272,03(0
560,623,857
439.261-',970
27.447.100
27.434.100
27,402,". 00
27,352,000
27.311,400
529.4o0.4H3
433,988,733
478,571,o8|
27.276.200
Boston Banks.—Below we
National Banks, as
July 7, 1873:
give a statement of the Boston
returned to the Clearing House on Monday,
-Capital
Banks.
Loans.
$750,000
1,500,000
1,500,000
1,000.000
~ 600,000
200,000
Atlantic.,
Atlas
Blackstonc
Boston
BoylSton
Broadway
Columbian
1,000,000
1,000,000
1,000,000
Continental
Eliot
Everett
Faneull Hall
Freeman’s
Globe
Hamilton
Howard
Market
Massachusetts
Maverick
Merchants
3.300
800,000
1,660.300
15.700
2,200
1,000,000
2,213,700
750,000
1,000,000
1,633.400
2,289.200
800,000
1,567,500
800,000
400,000
2.054.0J0
1.243.1110
6.866,300
677.9JG
2,502.500
Bank of Commerce
Bank of N. America
B’k of
Redemption.
Bank of Republic...
City...,.
Lagle
Exchange
Security
Union
Webster
Commonwealth
Central
3,3"3,4.0
1,9(5,5 0
4.055,200
5.1C7.4uo
1.469.940
5.037,400
2,000,000
1,060,000
1,000,000
1,500,000
-.1,000,000
1,000,000
1,357,500
5.756,Soo
3/82,1‘K)
1,899.5(30
2.114.200
4,314,700
3,451.5(0
4.590,700
590.400
2.493,9 ’0
2,566,000
l/d.oap.uuO
Not received.
Same
as
Legal Tenders
The
10,500
as
following
are
117,965.000
117.530.500
117,501.100
117,070,500
117,013,60U
116.962.600
117.959.600
118.218.500
18,200
115,500
562,700
ill 200
186.000
316,0 0
73,900
are as
11,257,600
Capital.
hll&acutJiiia........ $l,aou,UUi;
North America
1,000,000
Farmers and Mech. 2,000,000
Loans.
$5,666,' J0C
4.121,000
810,000
Kensington
800,000
500,000
250,000
250,000
Western
500,000
400,000
Manufacturers’.... 1,000.000
B
Commerce
Girard
Tradesmen’s..
‘Jity
Eighth
Central
R ink of
Security
Republic..
.'.
2,263,000
2,470.tX)0
1,542.0(0
1.115,591
1,255,(20
1,56.:,0J3
2,101.0(0
528
17,6)0
563, IpO
7y3,l- 0
542.4.30
489,00'271.6(30
3(8,960
143,6(0
782/(0
442,OpO
S29/00
791,000
77O,Op0
7'O.Oii‘J
180,0M
July 7,is $21,934,3(A).
follows:
1,213,000
264,076
10,500
235,614
321.4)0
*70*1
250.C00
699.000
1,000
275,000
750,000
1,000,000
250,000
1,012.000
4.104.000
2.04 !,0(KJ
2*666
25*
’3(»0
25/57,7(0
average con¬
week endung
2,l6.-«,(00
1,511,0(0
*363
150,000
25 556 109
543,0(10
3II.COO
267.283
31,00)
77,(00
39,000
25/M.3‘-()
25,491,4(0
$4,201,000
2,914,000
3,4 2 j
3.851,000
25*440.101'
nP^Tder* UepositP.Clrcnlat’n.
7*55)h
1,730.000
4,351.000
1,034'00
690,000
fOU
25 451,B00
$1,312,000
936,0(0
1,885,2(0
621,(AH'
321,000
504,000
343,000
292,6' 0
5(3,424
11.605
25*475
74,950
651 000
297,000
1,363.000
341,000
133,000
157.000
2'.0,000
$1,000, (A0
791.4'K)
5,22 i.ioj
1,6" 5,0)0
1 381.000
1/00,WO
614,000
474, (AX)
442,(00
215,000
910.. 12
919.866
1.632.025
1,132.86)
715X15
3 217.000
224 000
169,(3?
214.210
536/35
2( 5 0(5
592,000
1.126,637
ITS.. 16
913. 61
270,000
350,1(2
210,(05
918,010
425,5.-8
3,7 DJ.CKJU
1,548.000
450,000
3(8, (OO
3.960,000
1,009,300
792,000
259.126
592.000
135,000
216/50
235,000
510.000
831,300
1.094,000
8.670 000
555.000
570.000
1,085,000
357,000
800,000
180,000
628,000
126,000
Aotal
116,435,000 $60,480,4(3 $322,526
$14,513,757 $48,200,545 $11,431/47
The deviations from the returns of
previous week are as
follows
oan.s
Specie.....
Inc.
■
$188,972 ) Deposits
inc.
149,678 Circulation
.Dec. 753,3301
.
Legal Tender Notes
llie
Date.
following-
May 5
May 12
59.458,900
59/91/75
May Iff.
2
9...
16
23
30
6t .135,011
61.735 781
July .7
A
4
.-
the totals for
59,(*06,414
59,117.174
Mav 19
•Tnne
June
inne
June
June
are
Loans.
„
a
210,761
61.350,352
59,969 35S
59,991,131
178,117
60,480,403
322,626
1(2 8f6
172,948
Dee
iuc
C‘
:
$141,327
701,007=
do
do
Boston 6s
do
5s,
Deposits.
45,177,205
45.127.223
45,992 160
47,514,085
15,377.993
15,416/48
15,250,814
15,214.558
15,267,087
49,656,368
14,513,757
48,200,545
51.833.223
50.094 J 57
4S,'.5S/*!3
43,311,872
11,219/48
11,431.531
11,451,79s
11,457,7! 6
11,458/51
10,277.204
11.431,847
do
do
do
do
do
99% 100
99^ 100**
9 9%
99%
,
do
7s, ’98 104
deb. bonds,’93 75
g. m. 7s, c. 1911 101
do
reg... 102%
6s, g., 1910.. 98
West
32
31 Ji
Lowell stock
Maine
Providence
1st
do
do
do
do
do
do
do
78 %
do
do
..
i
2d
..
6s, imp., ’31...
Cs, bout,’88.
7s, boat, ’89...
.
Susquehanna 6s, ’H4
do
Coal Co. b .'lids.
'Union 1st mort.Gs, ’83
Wyoming Va ley 1st m. 6s, ’7S.
54
STATE AND CITY BONDS.
.
Minehill
io"\
15%
16%
60% 60%
16%j 46%
51x | 52
1
Northern Central
North Pennsylvania.
Oil Creek * Allegheny River.
...
.
.
CANAL STOCKS.
Chesapeake* Delaware
Delaware Division
Lehigh Navigation...
Morris
pref
Schuylkill Navigation
pref....
55
37%! 28
49% 50
27*4 j 27%
6
1U
m
13
do
do
2d
3d
M.,’?5
M.,’87
Amboy, 6s, ’75
do
6s,’83
do
6s,’89
do mort. 6a,’89...
consol.,68, ’94...
Camden & Atlan. 1st m, 7s, ’73.
do
2dm, 7s. ’80..
Catawissa, 1st M. conv.,’82....
do
Camden &
.•do
do
do
do
do
do
chat.
m.
do
’83....
61%
88
66%
...
100
95
....
—
.'.... U’2
86
’83... .100
7s. ’FO.! —
5s.... 1 59
Harrisburg 1st mort. 6s, ’S3....! ....
H. & B. T. 1st mort. 7e, ’90
!l0l
do
2d mort. 7s, ’75
88
do
3d m. cons. 7s,’95. 61
Junction 1st mort. 6s, ’S3
1900....
Lehigh Valley, 6s. 1893
do
do
new
reg
7s, reg., 1910
Schuylkin.lstM.,7.1W7.
Northern Central 2d m, 6s, ’85.
do
do 2d m, g, 6s, 1900
do
do 2d m. 6s. 1900...
North Penn. 1st m, 6s, ’85
;
do
2d m. 7s,’96
do
10s, chat, m., *77
Oil Creek* Al. R., con.7s,’8S.
.
Oil Creek 1st m. 7s, ’82..
Penn & N. Y. Canal 7s,
’96-1906
Pennsylvania, 1st M.,6,1880...
cfo
2d M., 6,1875
....
Jeff., Mad.* I.lstM.(I*M)7, ’81
do
do 2d M.,7
do
do 1st M.,7,1906....
Lo lisv. C. & Lex., 1st M., 7, ’97..
Lmils. & Fr’k., 1st M.,6,’70-’78..
do
Louisv. Loan, 6/81.
L. ANash.lstM. (m.s.) 7. ’77..
do Lou. Loan (m.s.)6, ’86-’87
do
do
(Leb. Br.) 6/86
IstM. (Mem. Br)7, ’70-’75.
do lstM.(Leh.hr.ex)7, ’80-’R5
do Lou. L’n(Leh.br.ex)6/93
do Consol. 1st M.,7,1S98.
A9
90
65
90
91
95
■Jefferson., Mad. & Ind
Louisv., Cin. & Lex., pref
do
do
common.
Louisville & Nashville
*
And interest.
S I
104%
LOUIS.
99
SI Louis 6s, Long Bonds......
91*
90
do
68, Short do
96% 90\
Ao
Water 6s gold
85
36
do
do
do
(new)
100
97
do
Park 6s gold
101
do
Sewer SpecialTax fis
110
iii% North Missouri. 1st M. 7s
72
do
T2%
2d M.7»...
82
80
do
3d M.7s...
Pacific (of M >) IstM. gld....
93%
100
Kansas Pacific stock
92% Pacific RR. of Mo. stock
94
do
Dayton & ifichigan stock
st’k guar
Louisville 6s, ’32 to ’87.
do
6s, ’97 to’98..,..
do
WRter 6s, ’S7 to ’89.
do
Water Stock 6s, ’97.
do
Wharf 6s
do
special tax fis of ’89.
7s, 1900
Connecting 6s 1900-1904
do
Columbus * X'enia stock
96
104
.
„
.
.
90
61
85%
60%
63%
174
90%
94
%5
■ii
t
LOUISVILLE.
84
S3 %
new
2d
88
HHk 1(1%
60% 91
Cin., Ilam. * 1).. 1st M., 7, 80...I
do
do
2d M., 7, 35... j
94
Fast Penn. 1st mort. 7s,
El. & W’msport, 1st m,
do
do
do
97-
..
do
8 p. c.
Little Miami stock.
*
92%
Alleghany Valley 7 3-10s, 1896.
92
BelvidereDelaware,l8tm,6,’77; 92
do
01%
do
6s
do
'
7-30s...:
Ham. Co., Ohio 6 p. c. <>ng bds.1
do
do
7 p.c., 1 to5yrs.
do
do
lg hds. 7 & 7.30s
Covington & Cin. Bridge
104%
99%
96%
b* 1
85
;3
95
?6
60
do
do
3d M., 7, ’88..“ 67
do To\lo dep. bds,7/S!-’91.i 87
Dayton & West., 1st M.,7,1905* 88
do
do
1st M., 6, 1905.1 81
4S
49
Ind., Cin. A Laf., 1st M.,7......./ 75
" (L&C) 1st M.,7,1888 85
39% 39% ! do
53
/Little Miami, 1st M., 6,1833 .../
125* * 127
Cin. Ham. & Dayton stock....
'.
-
20
CINCINNATIo'
Cincinnati 5s
51%
Pennsylvania
do
do
3d M., 8,77...]
24% -•-'% s
Philadelphia & Erie
Z
Philadelphia & Reading
x 55% ; £5% Cin.. Ilam.* Ind.7s guar
Cm. & iudiana, 1st M.,7.......
Philadelphia & Trenton
"do
" do 2M M.. 7,1877..
55)/
Phila., wilming.& Baltimore.,
United N. J. Companies
Colnm., * Xenia, 1st M.,7*’90.
121% 1/2
Dayton & Mich., 1st M.,7 81..
West Chester
tio
2d M.,7,’84..
do,
do
pref
RAILROAD BONDS.
63*
11
87
Norristown
Union pref
74
80
99
do
18s t
do
68,1900
do
1890 Park fis
Baltimore & Ohio 6s of ’75
do
do
Cs ol ’90...
do
do
6s ct ’ 85
do
(N. W. Va.)2oM 6.
do
3d M 6 >
100
Pennsylvanians, coup..?
do
6s,’67, 5-10,1st... :.;,0
do
do
10-15, 2d... i(-2>4 It‘2%
do
do
166%
15-25, 3d... 106
97
Philadelphia 6s, old
#.....
do
100% l6i*' Central Ohio, 1st M..6
6s, new
Marietta & Cin., 1st M.,7, 1S31.
Alleghany County, 5s, coup... 75%
do
do
2(1 M.,7, 1896.
Alleghany City 6s
Norfolk Water 8s....
72%
Pittsburg 5s.
Northern Cent., 1st M. (guar) 6
do
6s
do
do 2d M., S. F.,6/35.
do
78./.
do
do 3d M., S. F., 6,19<"
101 %
New Jersey State 6s, Exempts
do
3d M. < Y. & C) 6/77
do
Delaware State 6s
do
do Cons, (gold) 6,1(00
Pitts. * Connellsv., 1st M.,7, *98
RAILROAD STOCKS.
do
do
1st M., 6, i83t
Camden & A' 1 antic
33% 37
42
do
do
42% West Md, IstM., endorsed, 6, ’%
pref
do
1st
M., unend., 0/90..
1*% 20
Catawissa
do
2d M.,endorsed 6/99.
do
42% 43
pref....
Baltimore * Ohio stock
28"
:
Elmira & Williamsport
39*' i
Parkersburg Branch
Elmira* Williamsport- pref.. 33
Central Ohio
39
East Pennsylvania
do
preferred
Harris!)’g, Lancaster A C
do
80
baltiitiokjr;.
Baltimore Cs of’75
Nesquehoning Valley
98
91
93
90
89
71
Maryland 6s, Jan., A.. J. & O..
do
104
6s, Deience
PHILADELPHIA.
do
8S%
67%
conv., ’82.
conv., g,’94.
M., 1876..
boat, ’85...
Pennsylvania 6s, 1910...
Schuylkill Nav. 1st m. 6s. '72..
do
2d m.,'82..
do
Cs, ’95
6J*
53
92%
'+1.
do
do
do
Ogdens. & L. Champlain
98 %
do
do
pref,,.
iii*
Old Colony
"... 1:0*
125
Port., Saco & Portsmouth
8
90
KR, ’97..,.
gold, ’97 90%
94
Morris, 1st M., 6,1876...
•
Lehigh Valley.......
Little Schuylkill
9S%
CANAL BO.NDS.
Hampshire.. 127*
Worcester
West .Jersey
99
2d Mort, 1902
Delaware Division 6s, ’73
Lehigh Navigation 6s. ’31
.
..
94
Chesapeake & I)ela. 6s, ’8?....
78
common
6s, ’96...... 93
102
7s, ’97
do
do
6s.p.b.,’9r
Wilming. & Read.,1st M.,7,1900
151
do
preferred..
Vermont & Canada...
Vermont & Massachusetts
m.
do
WesternPenn.es/93
117&
preferred
Jersey Gs, ’83
do
do
144 %
7
128
Albany stock
Huntington & Broad Top.
do
do
pref.
81
701%
.......
97
Concord
1...
35
Connecticut River
Connecticut & Passumpsic, pf. 90
104 A, 105
Eastern-;Mass \
Eastern (New Hampshire) ;... 98% 1(0
127
123
Fitchburg. *.
132
Manchester & Lawrence..
it?
9
Northern ot New
Rutland
90
£0
Phil.. Wilm. & Bal.,6s, ’84
76*
Pitts., Cin. & St. Louis 7s
Sunbury & Erie 1st 111.7s, ’77.. 101
Sunbury & Lewiston 7s
Warren & F. 1st m. is, ’96
West Chester cons. 7s, ’91...... 100%
101% 102
Chic., Bur. & Quincy
14
141<4
Ciu., Sandusky & Clev. stock. 80
81
do
11,432,5(3
5s, Gold
....
Norwich*
90*
34),
89
8 8%
Philadelphia & Reading 6s, ’80
Ogdensburg & Lake Ch. 8s....
Old Col. & Newport Bds, 6, ’76.
do
do Bonds, 7,1877..
Rutland, new, 7
53
Stansted & Chamhly 7s
Verm’t Cen., 1st M., cons.,7, ’86 26%
8
do
2d Mort., 7,1891..
BU
Vermont & Can., new, 8
Vermont & Mass., 1st M. 6/83.
Little
Circulation
11 433,679
11,420,083
93*.
Gold, 1876...
gold
Chicago Sewerage 7s
.'
do
Municipal 7s
Portland 6s, building loan
Burlington & Mo. L. G., 7
Cheshire,6
Cin., San. & Clev., 1st M.. 7, ’67.
Boston &
Boston &
Boston &
Boston &
Cheshire
96)4
do
reg....
Perkiomen 1st m.Cs, *97
Phila. & Erie 1st m. 6s, ’81
do
2dm. 7s.’88
99%
98
68.'.
6s
92
do
Massachusetts 6s, Currency
do
series of weeks past
Specie. Legal Tender.
238,944
SI,611,739
236,537
13,456,177
122,37)
13.641/0)
128.999
14/61.463
116.089
Maine 6s
New
Hampshire,
Vermont (5s
Total net
6*565
11,000
390,000
Sixth
Seven:u
61 ‘.5(6
811,147
500,000
1,000,000
First
6,142.21-0
2.523,(A)0
3,785,000
1,599,124
1,191,393
1.486,25)
765,669
300,000
500,000
Union....
Specie.
$10,000
250,000
400,000
Commonwealth....
Corn Exchange....
173. S;,0
685,10')
586,600
7(2.Oil)
768,5(0
169,
73 >,9(0
810.200
701/00
993,9J)
1.8 9.76(3
l.’TO 2)0
1,851,900
729.900
973,500
1 ,i68,5O0
1.80:,700
50,283.800
51,029,3o0
51.203/00
50.422,500
50.356,100
49.161,100
50.103/00
51,234,6(0
11,193,000
11,738,000
1,000,000
200,000
300,000
Consolidation
726.3;/
$51 231,600 $25,487,700
The fo.lowing is the
Philadelphia National Banks for the
Monday, July 7, 1873 :
ink of
172.700
778,400
773,1(0
342,100
589.800
551.100
945,8 0
Increase. $1,177,809
Increase.
17.400
.
Fenn
1,561,3.0
1,416,900
2,467,300
4(6,900
1,267.500
210,600
933.700
122,947.000
1,9)5,400
Philadelphia Banks..
Commercial
Mechanics’
Bank N. Liberties.
Southwark
2,437.3,10
1,423,900
2.167,400
343,700
10,929,900
Banks.
239,50U
935.U 0
1/80,0 0
678.300
142 li'O
dition of the
A
671,700
370,500
195.3(0
per statement of
1,15 ,200
S53.100
404 200
1,010,1(0
1.661,700
1 318.1(0
857,900
1,196,900
928,2)0
1,223.300
148,9J0
73 500
1.156 600
July 7
241.700
440,7(0
470,400
1,656*100
120.163.900
121,3-6,700
.
3! 0,7%)
696,6'0
555.8(0
Deposits
Circulation
1,757.700
119.221.900
,
351,300
5272.2-.0
162.1(0
1,107.3 'j
257,4(0
11,114.3()0
30..;.
1,070.000
147.2' >0
424 800
1,011.500
16..
23..
281.000
133/00
171,700
416.7(0
237,500
39>,6po
1,269,500
2
9
565,000
559,2 0
1,573.500
130.500
9,441,600
10,542,6 0
11,496,800
June
June
June
-Tune
June
135,100
117.200
517.700
355,200
562.3(0
794,20'J
a series of weeks past:
Specie. Legal Tender. Deposits. Circulation
922,600
8,939,300
47.723,>-00
25.519 40*.
933,100
8,452.200
4,:,20 i,800
25 6 77 1 00
838.700
8.424/00
45/42.200
25,’596900
1,030,700
9.055,800
47,410,300
25 filiUeO
l,4ul,l'0
9,191,630
48,103.700
25,625.700
l,8o),900
9,052,100
43.467,'P0
55 566X00
120,0)1,600
April 23,...
May 5
May 32....
May 19
May 25...,.
1,205,200
the totals for
113,753,700
...
790,000
last week.
Loans.
...
173.300
865.000
719.400
294.700
25,100
768.0; ()
789.2)0
586.2(0
437.900
173,800
261.700
76,700
380.700
$122,917,000 $1,965,4(0 $11,257,600
-..Decrease.
Date.
Anrll 7
April 14....
April 21
789,1(0
299,700
177,100
209,500
119/00
700
26.9 0
7.7(0
Increase.$1.G40,390
Increase... 945,790
Specie.
110,000
128.6(0
The deviations from last week’s returns
Loans
1,763,900
1,217,910
170,3.0
101,2(0
SSS/’OO
57,200
213,700
14,800
4.500
157.440
10,800
767.90)
The total amount “due to other Banks,”
*
339.600
214,900
191 000
2.513,6(0
1.011/00
Pennsylva.,gen.m. conv, 1910
BOSTON.
Eastern Mass., conv., 6, 1874...
Hartford & Erie, 1st M (new)7.
Deposits. Circuln.
$482,700
$444,8')J
57.200
8,300
53,500
3 i.St^O
70,500
20,9)0
42.8.0
1S2100
6 '.900
25 800
3,244.410
1,534.600
600,000
2,000.000
.750.000
1,000,000
1,600 000
300,(XX)
500,000
5on,ooo
Total....
,
3.5;2.0JC
1,000,000
l,.500,(K)0
2,000,000
200,000
1,000,000
1.500,000
Hide & Leather
Revere
21.200
33.900
35,300
51.0.0
6,600
815,000
500
60.400
149,30)
160,200
3,370.2(0
2.223.6>0
2,337.410
2.9/7.6u0
1,500,000
Third
86,300
760.700
1,000.000
1,000,000
2,000,000
First
Second (Granite)...
1.500
6,600
2,706.900
.
61.000
207.000
....
200.000
3,000,000
200,000
1,000,000
1,000,000
900,000
Washington
121.800
12,200
1,000,000
*
Mount Vernon
New England
North
Old Boston...
Shawraut
Shoe & Leather
State
Suffolk
Traders
Tremont
Specie. L.T. Notes
$137,600
$200
217,700
7QP
$1,546,300
3,127,700
3,851.900
2.4S8 200
1.604.700
5OT.600
2,418.000
2,013.900
2.695,700
Bid. Ask
8ECUBITIE8.
Clearings.
Specie.
13.989.700
277,953,8(0
277.418 800
277.714.40J
Bid. Ask.
8EOUEITIEB.
Loans.
20.698.900
QUOTATIONS IN BOSTON, PHILADELPHIA, BALTIMORE, &t.
Aggregate
269,301,900
27 ,721,100
274,687,9 0
278,074,400
279,846,300
18.677.500
20,261,6; 0
[July 12,1873.
CHRONICLE.
THE
July 12, 1873.]
49
CHRONICLE.
THE
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Government Bonds and active Railroad Stocks are
cent
Bid
aXOTTBITISB.
Long Dock Bonds
Bufl. N. Y. & E. 1st M., 1877...
3ud. R. 7s, 2d M. S. F. 1885
do
7s, 3d Mort., 1875
State Bonds.
new
!
Virginia 6s, old
do new bonds...
do consol, bonds
do deferred do
do
do
do
m
80*
48
80
45
53*
-
;; 27*
to N. C. R;R.c__>p
do ex coup.,
Funding Act, I8f
do
newbonds
18' »8.
:
Special Tax
do
do
27*
..
do
• • •
15
16*
13*
14
15*
15*
t
floating del
7s, Penitentiary..,
•••
•••
35
93
V
b'.
•
California 7s
do
7s, large bondB.
Connecticut 6s
R'lode Island 68
;;
Alabama 5s
do
8s
do
88 Mont & Kuf’la R.
do
8s Mab. & Chi
8s
do
of
“
....
93*
si
47
•••
’***
••
•
•
•
93**
98
82“
27
7s, Memphis & L. E
7s,L.R.,P. B.& N.<L 27
7s, Miss. O. & R. Ri v 27
7s Ark. Cent R
21
Texas, lCs, of 1876
Ohio 6s, 1875
ICO* *
do 6s, 1881
100
do 68, 1886
95
Kentucky 6s
97*
Illinois 6s coupon,’77
.
.
.
t
..
40
•
-
25
..
“
99
*
97*
....
; 95
'
92
92
...
103**
*
*
do
do
QO
6s, Canal, 1373....... 112
: in
1874
Jo
cou
106
106
106
1875
18<<
1878..
..
dogld 1887
do
do
*
*
do
105*
105*
.
1874
1875
1876
.
•
t
»
Cleve. & Pitts., Consol, S. F’d
do
2d Mort
do
3d Mort
do
4t,b Mort
Chic. & Alton Sinking Fund..
do
1st Mortgage...
do
do
do
Income
&
Ohio
Miss., consol, sink. f...
do
Consolidated....
do
2d
do
Dub. & Sioux O., 1st M...
do
do
2d div
Peninsula 1st Mort., conv
114
t
t
f..
-
-
/
•
•
•
4
.
.
106
....
do '
2d Mort.
do
3d Mort
d ) 8 p. c. eq’t bds
H9*'
*
(Not previously c,uotcd.)
Albany & Susquehanna
Chicago & Alton
do
do
pref.
Chic. Bur <fe Quincy
Clev., Col., Cin. & Indianap
Cleve. & Pittsburg, guar
no*
.
100
.
.
87*
Dupi'mip. A Sioux Citv,
Harlem pret
linois Central
diet & Chicago!
53
Long Island
P.3
102
S7H*
...
...
d
Michigan Central
.
Morris* Essex
■
22* *
91
92
91*
91*
d
134**
135
)
69
6J
93*
72
.
Pitts., Ft W. & Chic, guar.
do
do
Rensselaer & Saratoga........
Rome, Watertown* Ogdens.
9t. Louis, Alton & T. Haute..
do
do
prei
.
,
'
Jol., Chic. & Ind. C., 1st Mort.
do
do
do
....
Toledo, Peoria* Warsaw
.07*
62
2d Mort...:
93*
50
71
55
do
do
.
60
250
So*
92 /s
—
—
•
•••
—
100
81
103
30
70
S
270
a
....
....
Trustees Certii...,
Land Mining Co.,
do
pre
...
:o
....
...
....
a
Railroad Bonds.
Y. Central 6s, 1883
93
do
6s 1887..
91X
do
6s, real estate... 88
do
6s, subscription. 83
do
7s. 1876
102*
do
7s, conv, 1876....
Brie 1st Mortgage Extended., 102*
do
do
Endorsed...
....
»
7s, 2d
do
do 78, 3d do
do 78,4th do
92
....
...
....
....
....
....
I860,..,,.,.., 97*1 98
-
c
-Nashville 6s, old
do
Cs, new
New Orleans 5s
no
j do
!
i
do
construction.
'
F, 104
(
I
1
104*
8s, 1st M..
I
c
t
G
& Hudson Canal 1st M.... 102
do
do
A
A
A
A
A
B
* Mo. River, stock.
99
Land M. 7s.. 94*
2d S., do 7s.. 102
3d S., do 8s..
70
Ala. & Chatt.,lst.M, 8s, end..,
Ala. & Tenn.K.lst M., 7s....
do
2d M.,7s
•Atlantic & Gulf consol
do
do
end. Savan’l
do
Hi
stock
do
gnaran.
do
;
do
do
stock...,
(Charlotte Col. & A.,1st m.,7s.
(Greenville & Col. 7s,
guar
do
I
do
7s, certii..
'Macon & Brunswick end. 7s...
.Macon & Western stock
Macon and Augusta bonds...
do
do
endorsed
do
do
stock
!
.
.
‘Memphis & Charleston, 1st 7s..
(
* do
do
2d 7s..
do
i
Chesapeake & 0.1st m. gld 6s
do
do mort gold 7s
it
do
do
tstock.
1
6s
(Memphis & Little R. 1st M...
Mississippi Central, 1st m.. 7s.
*lo
2dm., 8s...
(Mississippi & Tenn., lstm.,7s
do
i
10
'I
.
do consold.,8s.
Montgomery & WestP..1st 8s..
84*!
Rondout & Oswego 7s,gold...
Sioux Ci’.v & Pacific 6s
Southern Pacific 6's,gold
South Side (J,. I.) 7s
Steubenville & Indiana 6s
“
2n 7s
60
Southern Minn, construe. 5s
do
do 7s
St. Jo. * C.Bl. st M., IPs.....
do
do
8 p. c..
St. Jo.& Den. C,8s,gold,W. T)
do
do
Ss, gold, E. I)
Sar dusky. Mans. & Newark 7s
St.Louis, Vandalia & T II. Lt 96
do
do
2d 82*
St. L. & So’eastern 1st 7s.gold
St. L.. & st. Joseph, 1st.6s. gld 50*
Southern Central of X. Y. 7s..
Tebo & Neosho7s, gold
Union* Logausport7s
Utah Central 6s, gold
Union Pac., so. branches, gld 88
Walkill Valley 1st 7s, gold
Wisconsin7s,gold....
do
j Memphis & Ohio, 10s,..
do
do
do
do
11
1st end.
Income
jMontgom.* Eufaulalst 8s,gld
so
TC
i
end.
by State of Alabama...
(Mobile & Mont..8s gold,end.
Mobile & Ohio sterling
do
do
do
do
do
do
do
do
do
ex
ctfs
8s, interest..
2 mtg, 8s
Income
stock
!N. Orleans
& Jacks. 2d M. 8s
do
do
cert’s,8s
X. Orleans & Opelous.lstM.8s
Nashville & Chattanooga. 6s...
90
'Norfolk*
!
end
Jack.. N.W.&S.E. istmgls*?
• ••«
gold....
.Central Georgia, 1st M., 7s
guar.....
ist m, cold
Chic. & Can. South. 1st m gl 7s
Ch., D. & V., I. div., 1 m gU 7s
Hous. & Tex. C. let m. gold 7s
Houston & Gt. N. lr.t m.gl.l 7h
Tnternat‘1 RR.Tex.lstm g>d7s
Ind. & 111. C 1st m gold 7s...
Ind., B. & W. Ext, 1st m gl 7s
7s.
8b
do
do
do
Cin. & St. L. 1st 7s
New Loans.
1
.
new
KAILKOADS.
.
.
2d 7s, cur’y, ’91
6s
7s,
!
•
.
Jervis7s,gold
| Montclair 1st 7s, gold,guar....
|!
do
7s, income
i Mo.. Krn. & I exa- Ts gold
Mo. R., Ft., S. &,Gulf, stock...
West
45
c.
Petersburg 6s
do
do
Petersburg 1st m.,Sh
do
do
7s
do 2d mo., 8s
Northeastern, S.C.,lst M.8s...
,
do
2d M.,8s
Orange and Alex., lsts,6s
i
do
2ds, 6s
do
3d8, 8s
Rome, W. & Ogdeiisburg7s...
Sinking Fund..
Issex, convertible...
10s
(Wilmington, N.C.,6sgold
do
do
7s, gold
Peoria & Rock I. 7’s. gold
Rockf’d.R I.& St. L.lst 7s,g!(
Rome * Watertown s
93
to railroads,6
| Richmond
lOswego & Rome 7s,
90
bonds, 7s
do
do
■
16..
j Michigan
Air Line. 8s
Mo.dicello & i’.
|Port Huron &L M.7s,gld.
consol.6s
do
do
jSavannali
7s, old
do
;
do
do
1st M.. 10s..
i l.ouiMana* Mo.Riv. i-t m.7>
Logans.. Craw. & S. W. Ss. gld.
.
ao
do
Norfolk 6s
j;
do
d<>
2d 7s
jLeav.. Atch. * N. W. 7^, guar.
JLeav Law. & Gal., stock
!Pitts
end.,M.& C.R.R...
8s
|Montgomery 8s
7s, Leaven. Erch.
Incomes.Xo.il..
I Peoria. Pekin & I.
do
Mobile 5s
ao
(Oregon & California 7s. gold.
71*
92*
do
.
102*
1879.
1888
I Memphis old bonds, 6s
do
new bonds,6s
\
& Sag. 8s...
No
7s,bonds
Lynchburg 6s
do
stock
•Charleston & Savannah 6s,end.
Savannah anu Char., 1st m., 7e.
iCheraw and-Da.Dngton 7s
East Tenn. & Gect gia 6s..
East Tenn.* Va. 6b end. Tenn
•E. Tenn., Va & Ga., 1st M., 7s..
do
do
stock
ieemria R. R., 7s
(
do
stock
do
2d 7s guar.....
XT. Y. * Osw. Mid. lsi'7', gold.
do
do
2d 78, conv.
New York & Boston 7s gold..
jX. Haven,Middint. & W. 7s....
Xe« bu g br’ch 7s, guar. Erie
iOmaha & Southwestern RR.-S’s
sk
P
P
N
d
i
!
107
pref.
do
|Columbus, Ga.,
j Macon 7s, bonds
do
do
do
1st. M.lOs
3‘* I
do
do
2d M„ 10s
91* X. J. Midland 1st 7s, gold,guar
63* 8
9S* 100
119* [19k
1
1*
Mariposa Gold
do
do
Charleston stock 6s
7s, Land Or., gld.
7s,
do new. gld
6s, g el, Jun & Dec
6s, do Feb* Aug
As, 7876, Land Gr.
do
Stork
8s
-Charleston, S. C.,7s,F.L.bd8..
(Columbia,S. C., 6s
...
..
Minn. 1st M....
& Minn.7s,gld
do
Wilkesbarre Coal
Canton Co
Delaware & Hudson Canal...
Atlantic Mail Steamship....
do
Augusta, Ga.,78,bonds
Kal. & White Pigt on 7s
Kansas City * Cameron iCs
Kan. (:., s t. Jo. & C. B. S p. c..
Lake Sup. & Miss. 1st 7’s, gld.
98,‘-i
guaranteec.
c
.
Pennsylvania Coal
Spring Mountain Coal
93
97> 101
97* j 101
| Kalamazoo * South H. 8s. guar
.00* Kal., .M eghan. & G R.Ss.gm r
1
.
CITIES.
*|
94*!
98
Dock & Im. Co. 7. ’36.
.
do
do
do
do
do
do'
do
103*!
....
American Coal
Boston Water Power
Cumberland Coal and Iron
N. J. Land Improvement Co
| s-I &
Jack'on, Lansin
do
W. D..
do
Burl’n Div.
do
2d M..
Consol. 7s
102*' ioT*
t. Louis & Iron Mountain...
t. L„ Kan. C.& Northern pre f
r-
...
91
91 *
91
j Kansas Pac. 7s, Extension, gld
Marietta & Cin.. 1st Mort
Chic. & Milwaukee 1st Mort..
Foliet. & Chicago, 1st Mort
34
Mo., Kansas & T
New Jersey Southern
.
Valley 8s.
Quincy* Warsaw, 8s
100
703
do
do
2d M.
Mil. & St. Paul , 1st M. 8s P.I). .99
do
do
do 7 ?-ii' do
da
do
7s gold R. D
do 1st Mort. LaC.D
do
do
do
lsi M. I.& M.l).
do
1st M. I. & D..
do
do
do
1st M. I.& I...
do
do
1st M. H.& D.
do
do
1st M. C. & M.
do
do
2d M
do
’. 103^
Marietta & Cin., 1st pref<
do
' do
2d pref...
.
..
Ill. Grand Trunk
Chic., Dub. & Minn.. Ss..
..
92
109
.
O.O. & Fox K.
97*
....
Kallroad Stocks,
do
.
105
91
Securities
•
New Jersey Southern 1st m 7s
Pitts., Ft. W. & Chic., 1st M..
....
'
reg
Atlanta, Ga., 78
conv
Central of Iowa. 1st M, 7’s gld.
do
2d M, 7’s, gld
Keokuk & St. Paul, 8s.... ]
Carthage & Bur. Ss
Dixon, Peoria * 11 an., Ss. |
94
,
Indianapolis & St. Louis 7s
Galena & Chtc.i-.go Extended
do
2d Moit...
Jhtc. R. Island & Pacific
Morris & Essex, 1st Mort
do
do
2d Mort
New Jersey Central, l6t M., n
do
do
2d Mort.
....
”
do
1S79
War Loan
Indiana 5s
96
95
100
Quincv & Tol., 1st M., 1890
til. & So. Iowa. 1st Mort...!..
*'
do
do
bd&
y,
9u
90
-
•
....
do
new
Southern
99*|
ioi*
in
s! 27**
do
do
do
do
Pac.7s, gold,
CO
-01*1
...
....
do
Central
‘0
L. Ont. Shore RR. 1st m. gld 7
uake Shore * M. S. income 7s
North. Pac. 1st m. gold 7 3-10s
Spring. & Ill. S.E. I K. !mgl7
St. Louis & S. E. RR. con.
South Side of L. 1.1st m. ex
Bur C. R. & Mo. mort. g’d.7
Portland & Og. (Vt. div.) 6sg
101*
6s, 2d M., gld
Canada Southern 1st 7s. gold..
..
Ask
Tol.. Wab. & W. mort. gld. 7a
do
..
Bid
8BOUEITIB8.
65
97*
Buffalo & Erie, new bonds ..
Peoria * Hannibal R S’s. I ~ £
94
Lake Shore Div. bonds
Chicago & Iowa It. 8’s.... j c .*•
Lake Shore con. coup, bonds. 97
American Central 8s
lit 0
J
do
Con. reg. bonds...
Chi. & Southwestern RP. 7’s..
Pacific R. 7b. guart’d by Mo... 90* 98
Col. & Hock. V. 1st 7s, 30 yrs
90
Central Pacific gold Bonds... 10v% 100*
do
do
1st 7s. 10 yrs..
110
do
State Aid bds.
do
do
2d 7s, 20 yrs...
92* 92*' Chic., Danv. & Vincen’s 7s, eld
Western Pacific bonds
32*
32
Union Pacific 1st M’geBonds.
^ Cleve.. Mt.V. & Del. 7s, gold.
70* 71
do
Land Grant, 7s.
IConnc client Valley 7s, gold...
57* 59* j Connecticut Western 1st 7s....
do
Income 10s
102
tllinois Central 7 p. ct., 1875...
(Chic. * Mich. Lake Shore 8s..
Bellev’le & S.llls. R. 1st M. S’s. 93
jDes Moines Valley 1st 8s
99
Alton* T. H., 1st M
i
do Land Grant Ps
do
90* 90* ;Dan., Urb., Bl. * p. 1st m 7 pld
do
do
2d M. pref
do
do
2d M. income..
Hillsdale
& In. RR. S't
Detroit,
Chic. * N. Western S. Fund...
1(6* Dutchess & Columbia 7s
99
do
87
do
Int. Bondf
Denver Pacific, 7s. gold
92
do
do
Dcnvt r & Rio Grande 7s, gold
Consol, bds
do
do
Estn. Bde
Detroit. Lansing & Lake M. Ss
1UI
do
do
1st Mort.
Evansvill.e & Craw fordsv. 7s..
90
do coup gld bds
do
Erie & Pittsburgh 1st 7s.......
do
do reg’d
do
do
2d 7?
Iowa Midland, 1st mort., 8s...
do
7s. equip
dan. & St. Jo. Land Grants... 101
Evansville. Hen. & Nashv.7s..
83
do
do convertible
Elizabethtown & Padu. Ps eon
1
Del.. Lack. & Western, 1st M. 103
Evansville, T II & Chic 7s, gld
101*
uo
do
2dM..
European & North Am.6s.gld
99
do
do
100* Flint & Pere M. 7s, Land Gr.. 93
7s, conv.
99
Fort. w.. Jackson & Sag.Ps...
Tol. & Wab’h, 1st Mort. ext’d. 97
x:0
do
1st M. St L div.
92*; -Grand R. & lnd. 7s, gold.guar. 10T*
do
d<>
2dMoit
93* i
do
93*
7s, plain
I Grand River Valley Ss
96
do
Equip. Bds ....
do
C ons. Convert.
Indianap., Bl. & W‘. 1st 7s, gld.
Hannibal & Naples 1st M..
:
do
do
2d 8*...
Great Western, 1st M.. 188
;Indianan.* Vineen. lsi 7s,guar
do
2d M. 1893....
lTown Falls & Sioux C. 1st 7s...
...
." 41
do new
do
do
do
dr
Detroit, Monroe & Tol bonds
17**
Asylum bonds...
Louisiana6s.
do new Ponds
r0
104
100
ICO
6>
Cleve., P’ville & Ash., old bds
....
•••
23
do
Jan. & July,
do
April «fc Oct.
do
do Funding Act, lc 6<
do
do Land C, 1889, J & J
do
do Land C,1889, A & 0
do
do 7s
of 18: 8.
Missour 6s
d
Han. & St. .losep ;
Michigan 6s, 1878
do
6s, 1883
do
7s, 1878
New York Bounty,
2d
3d
96*
90*
Mich. Cent., 1st M. 8s, 1882
99*
do
Consol. 7s, 1902.... 112
U4ifc
110
Chic., Bur. & Q. 8 p. c. 1st M..
Mich. So. 7 per ct. 2d Mort—
99*
105
Mich. S. & N 1. S. F.7j>.c... 103
100&
Cleve. & Tol. Sinking Fund
95
Cleve. * Tol., nr-w bonds
...
South Carolina fis
io
do
do
Bur. & Mo. River 4th S.,do 8s..
no
do
5th S., do 8s..
do
do
6th S.,do8s..
do
do Creston ' rail' ll
do
do Chariton Branch
Burl. & M. (in Neb.) ISt conv..
California & Oregon 6s, told..
California Pac. Klt.7’8, gld..,.
..
...
do
do
do
do
do
do
do
do
83
—
.
Harlem, Con.M. & S’kg F’d
Albany & Susqh’a, 1st bonds
53*
10k
.
Georgia 6s
do
7s, new bonds....
do
78, endorsed
do
7s, Gold
North Carolina 6s, old
do
do
do
do
do
do
95*
92 X
Bid, Ask
SBCUKITIEP.
95*
Erie 7s, 5th mortgag 1888
do 7b, cons. mort. gold bds..
(Quoted previously.)
do
Bid. Ask.
BBOUKITIES.
]Ask.
17* S. Bonds.
do
quoted on a previous page am„ Aot repeated here. Prices represent the per
“ N. Y. Local Secunties” are quoted in a separate list.
value, whatever the par may he.
do
4ths,8s
RIchm’d & Peterb’g 1st m., 7s
do
do
2d in., 6s
do
do
8d m., 8s
Pticl!.,Fre’ksb’g & Poto.6s...
do
do
do
conv. 78
Rich, and Danv. 1st cons’d 6s.
67'
;
85
do
I’iedmont 8s..
lsts, 8s
3elma, Rome & I).,lst M., 7s.
South & North Ala, 1st M., 8s,
Southside, Va., 1st mtg. 8s
do
2d m., guart’d 6s..
do
3dm., 6s
do
-
do
4tli m.,8s
Southwest. RR., Ga., 1st mtg...
do
stock
8. Carolina RR. 1st M,is (new'
do
do
68
do
do 7b
do
do
stock..
Va. & Tenn. lsts, 6s
do
2d8,6s
do
3d8 8s
WestAia., 8s guar
Wilmington and Weldon 7s.
do
do
Ch* Ruth. 1st in. end
do
lBt M., 8s...
PAST DUD
Tennessee Stat
COUPONS.
e
Coupons
Virginia Coupons
ao
Consol. Coup
;
Memphis City Coupons....
Nashville City Coupons,
,.v#.
.
86
*
i
oO
(July 12, 1818.
CHRONICLE
THE
NEW YORK LOCAL SECURITIES.
Hank
-
Companies.
100
10J
100
75
1U0
25
25
25
100
America*
American
American Exchange.
Atlantic.
Bowery
Broadway
Bull’s Head*
Bnfe.he.rs &‘Drovers
..
Central
Chatham
Chemical
•
'
City
Commence
Commonwealth.
Continental
Corn Exchange*
Currency
• • • •
East River
Eleventh Ward*
Filth
First
Fourth
Germania*
Greewich*
Grocer
100
100
25
1,(00.000
200.000
800.000
Hanover
Harlem*
100
100
100
Importers’ & Traders’.
50
100
10.)
100
25
50
25
100
50
50
100
100
100
x5
100
Marine..........
Market
Mechanics
Mech. Bkg Asso’tion..
Mechanics & Traders..
Mercantile
Merchants
:
Metropolis*
Metropolitan
Murray Hill*
Peoples*
10C
100
1CK
100
re
25
50
10
25
20
100
1<K
:oo
•
PheiJx
Republic
;
Security3*
M.&N.
J. & J.
J. & J.
F.& A.
J. & J.
J. & J.
J. & J.
J. & J.
500,000
1.50 7 0 1
50O.1 00
100,000
600 000
2.050,000
500,000
400.000
1 OCO.OOG
500,000
600,000
1.(XX> .000
3.0 O.OCO
9RR 0<)0
50 ',000
4,000 000
r
St. Nicholas
Seventh Ward
Second
:
Shoe and Leather
Sixth
S*ate of New York...
Tenth
Ti’ird
UK
100
100
UK
100
11V
10C
Union.
WeBt Slde*.r
.
10
16
M.&N.
J. & J.
J. & J.
12
10
8
12
10
10
9
10
10
8
8
j.
io
io
& J.
•
•
1
•
-
300,(XX)
J. & J.
J. & J.
J & J.
42L70)
Q-F.
1,000,000
400.1X0
J. & J.
J & J.
J & J.
F.&A.
J & J.
F.& A.
J. & J.
J. & J.
J. & J.
J & ,J
M.&N.
J. & J.
J. & J.
J & J.
M.&N.
J. & J.
2,'XX),000
412,500
1 800 000
2,(X)0,000
500 000
1,0. <0,000
500.000
300 000
1.000,000
200 000
1.000 (VO
1 MK3.000
’73...4
1 •
%
•
7
«
12
16
12
10
7
8
...
.
.
.
9-?
85
130
.
... 4
.
.
•
•
•
•
215
.
150
k
102
’73...4
103
1
.
.
8
12
U)
4
50
400.000
8,150
—16,557
88,323
100
25
50
25
100
25
17
20
70
100
FO
100
200,000
27,845
104
19.)
126
f
155k
<r
Germania
Globe
and
Hoffman
Home
134
Hope
iio
Iinporters’& Trad..
*
.
Irving
J efferson
.
.
.
...
ids
.
.
.
4
.
95
•
100
•
•
Long lsland(Bkly.)
Lorillard
Manuf & Builders’
Manhattan...,..
Mech.&Trad'rs’...
Nassau
^
147
•
•
...
Montauk (B’klvn).
87
,
.....
Metropolitan
105
,
Mercantile
Merchants’
(B’klyn)..
nok
105
116
146
200,000
North P.iver..
Pacific.....
25
25
100
20
20
50
50
100
100
25
100
25
50
100
100
25
25
Relief
110
35
’71...-
July 1/73...
.Inly 1/73
fi
.
-
Republic
...
Resolute
Rutgers’
/.
Safeguard
Nov., ’’72 5j 133
JulyT/73...4|
St.Nicholas
Standard
Sterling
Stuvvesant
Tradesmen’s
[Quotations by Charles Otis, 47 Exchange Place.]
Brooklyn Gas Light Co....
*5
20
Jersey City & Hoboken...
Manhattan
Metropolitan
do
.■.
'50
20
50
100
certiticates..
Mutual, N. Y
.Nassau. Brooklyn
do
scrip...
New York
100
25
do
do
bonds.
Westchester County
Williamsburg
serin
.
OO.uoO
00,000
86,000
30,000
00,000
50,000
KK
Bleecker St. A Pulton Ferry—stock 10(11
1st mortgage
1 00'
Broadway A Seventh Ave—stock.
1st mo.
Brooklyn City—stock
1st
Atlantic Avenue, Brooklyn—stock
1st mortgage
2d
do
3rd
do
Central Pk, N. A E. liiver—stock
1st mortgage
2u
do
100
MX)
500
UK)
1000
UXX)
loo
000
UK)
1000
Eighth Avenue—stock
1st mortgage
421 St. A Grand St Ferry—\stock..
100
UXX)
100
1000
20
50
1000
100
1000
50
UXX)
10 0
100(1
1000
ICO
10"0
2d mortgage
1st
mortgage
Ninth Avenue—stock
1st mortgage
Second Avenue—stock
1st
mortgage
mortgage
3d mortgage
Cons. Convertible..............
Sixth Avenue—stock
l ib
mortgage
.’..i
Williamsburg A Hatbush—stock
1st
mortgage
15
io
Jan.,
’72.7k
Ian.,
.
Feb., ’73...5
Jan./ '72... 5
Various.
10
7
|
.
.
200
' UO
i
150
150
217
125 *
1000
100
1000
51,251
—24,456
20
15
20
13
13
20
14
10
10
10
20
1710
10
11
20
10
4
20
10
20* Apl!,* *’73*.i6 W
20
10
16
20
14
10
11
10
18
10
26,798
10
io" io'
63.561
58.391
210.717
Feb.,’73..7
July, ’73. .5
July, ’72..5
95
160
200
100
145
105
60
July, ’73..5
July, ’73.75
8k July ,’73.3k
80
105
10
10
10
10
.July, ’7S..5 ICO
Men.,’73. .5 60
July, *73. .7
July, ’73. .5
Jan., ’66..3 45
July, *73..5 too
Xug.,’72. .5
io'
July, ”18..5
6,800
—8,143
-377,067
-13,377
—1,955
5
10
12
10
9k
10
July,’72..5
Jan.,’72..5
July,’73...4
io" July, ”78..5
US
*eo*
ICO
iio*
90
99
1(8
145
100
8tl
82k
*90
95
85
S 90
120
ISO
90
82
100
85
95
80.692
135,727
11,379
July, ’73.
July, ’73.
50.484
July, ’!5f
Jan., ’73.
JuD ,’78.
July, ’73.
July, ’73.
July, '72.
ioo*
July, ’73.
July, '73.
July, ’72.
July, ’73.
Feb., ’73,
143
195
110
150
90
y. ’73.
95
10P
107
Mch.,’73.
July, ’73.10 185
July, ’73..8 130
Feb.,’73.10 155
July, 73. .6
July, *73..5
July, *78 5 75
Feb. ’7j.3k
3k
July,*71.8k
16
20
Feb., ’73.lO 155
July, ’73..5
io' id' Jan., *73..5 90
7
i3k July,’73...6
10
io
July, *73. .5
io
10
Feb., *73. .5
10
12
Jan., *73..6 110
14
'4
July, ‘73..5 10)
14
14
July, ’73. .7 140
5
July, 72 .5
io" 10 Jan., *73 .5
112
190
140
1*0
r.8
June,’ 3.
50,000
186.829 15
46,591 5k
-17.027 10
21.692 20
18
20
4
10
20
79.796 12
199,972 18
136.370 15
53U
90
.
140
92
150
100
70
125
131,693
102,43?
150,000
215,368
118,477
168.139
76,413
1,000,000
43,893
3k
—25.' 21
200,000
143,666
13,772
200,000
’50,000
—895
849
—532
19.568
200,000
200,000
200 000
107,240
200,000
150,000
25n,000
200,000
250,000
e5
128
i-iu*
18
23
11
12
12
12
11
10
—137
200,000
300,m
200,000
96
65
4,884
123,000
175,540
150.000
20V
80
Mar., ’73.
July, ’73.
July,’73.
July, *73,
80.532
—11,545
350,000
200,000
200,000
iio'
95
5
5
—59,857
98,818
85.139
99.483
500.000
'io*
li
20
10
15
io" io’
16.593
150
12X July,’73.7k 1O0
24
Aim.,*12.14 200
Si¬ Ju'y, *72..5
nk July,’73.. 10 HO*
Ju y/73...5
8k 10
10
July, ’12. .5 72 *k
11
20
10
16
10
91 ,S59
3.073
Dec.,’72.10
Feb.,’73.10
July, ’73.10
1SK July,*73.8k
33k
14k 14k 20-
io" io'
44,010
—1.025
if6'
20
20
—13.675
81,609
ids’
-i0 697
187,019
24,3ii
85*
75
90
95
ido*
iis*
*
Over all liabilities, including re-insurance, capital and profit scrip,
t Gone into hands of receiver since Boston fire.
Before figures denotes impairment of capital.
—
o
City Securities*
j.
& J.
J. & J.
t
T
t
rs
10
10
10
May, ’73....
Feb., '73... 4
R2
.Jan., ’73...5
iio
Interest.
I
......
5
J. & J.
J & i).
J. & D.
Q —F.
J. & J.
J. & J.
7
J. & J.
7
7
A.& O.
A.& O,
J. & J.
1S"T
1881
1885
7
7
F. & A.
M. &N.
1882
1890
3
7
3
7
18S0
Jan.. 78
;o
67
1884
May.’73
1872
Dec, 72
93
193
97
100
120
1.161.000
550.000
61X1,0 'll
500,000
214. (XX)
1,200,000
420,000
7
2
7
J. & J.
Q -F.
M. &S.
Nov.’72
1874-76
1,000,000
203,000
750,00>
200,000
"6 ' X & i.
J an. ,’73
170.000
254,000
300,000
797,000
167,000
800,(XX)
350,000
200,000
150,000
5
7
2
A.&O.
7
M.&N.
.
750,000
250,000
7
2
7
7
7
7
5
7
2,000,000
4
2,000,000
7
315,000
J. & J.
M.&N.
7
87
?0
95
90
175"
100
160
;
95
&
&
&
&
J.
J.
D.
A.
A.&O.
M.&N.
M.&N.
J. & J.
O—F.
J. & J.
var.
var,
do
var.
Brooklyn,
City bbi
bbnds
1819-65.
do
1878
1877
1S76
1885
1888 I
80
Nov.’72 140
1890
1890
1862-65.
do
do
....1805-70.
N. Y. Bridge bonds... .1870.
May, 7c
May.’lE 1
1861-65.
Local imp. bonds
-
J.
J.
J.
F.
Consolidated bonds
imp. stock'.
Street
do
July’70
300,00!)
125.0X)
Mav.’73
1873
New York:
Water stock
1841-63.
do
...l«54-57.
Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqued’ct stock.1865.
do
pipes and mains
do
reservoir bonds
Central Park bonds. .1853-57.
do
do
..1853-65.
Real estate bonds^...1860-63.
1852.
Dock bonds
do
1870.
Floating debt stock— 1860.
Market stock
1865-68.
Soldiers’aid fund
1863.
do
do
1863.
do
1863.
do
Improvement stock.... 1869
do
do
....1869.
700,000
164,'00
.
Mouths Payable.
Bid.
Ask.
*
7
‘.r.8 IKK)
115.C00
100.000
Bondsdue.
100
155
’73... 5
Variou-*.
Jan..
1
Price.
100
91
91
80
ioo
i
165
I
100
M .& S.
This column shows last dividend oiDdoc/ts, but aaie of maturity oi bQixds.
tWasbington.
Williamsburg City
327,9^8 20
80,906 10
200,000
25
100
50
10
16
Jan., ’73..5
55
140
100
65
Various.
7
?0J (XX)
1st mortgage
Grand Street A Newtown—stock
Park Avenue—stock
Third A von ue—stock
1st mortgage
M.& S.
F. & A.
2; 8,'000
Coney Island A Brooklyn—stock
1st mortgage
Dry Dock, E. B. & Batter y—\stock
Istinortgage
2(t
JlO
Apr..
Apr.,
'73...5, 225
’73... 5
’72.3 k
’73.. .5
Apl.,
Bid. Askd
iao
'(X!
1000
!uxx)
mortgage bon s
20
10
7
[0
15
10
7
M.&N.
100
ICO)
:o|
1st mortgage
Broadway I Brooklyn)—stock
Brooklyn A Hunter's Pi—stock...
|20
M.&N.
900,(XX)
6 <4,000
2,100,000
1,600.000
2,<KX),00(>
3(X),000
200,1 KK)
•100C1
tgage
& J.
& O.
& A.
& J.
& J.
& J.
& J.
....
53,159
210,000
1.009
oo.roo
..
Q-F.
J.
A.
F.
J.
J.
J.
J.
00.000
,00,000
00,000
00,(XX)
00,000
0',000
00,000
People’s (Brooklyn)
do
00,000
00,000
United States
—io,6i3
200,000
150,000
200,000
200,000
300,000
150,000
200,000
200,000
Cooper
People’s
Phenix (B’klyn)
!!*
18
2 0,000
250,000
35
100
100
50
park
Peter
105,898
5V,163
—30, <12
150,000
280,000
150,000
200,000
150,000
200,000
800,000
37k
National
200 088
—41,599
20
20
200,010
N. Y. Equitable...,
New York Fire
N. Y. & \onkers.
Niagara
...
iu
►
25
50
25
100
100
25
50
50
50
F0
50
50
Mechanics’(Bklyn)
•
200,000
200,000
150,000
250,000
200,000
2,500,000
150,000
500,000
200,000
200,000
100
.
iii
•
Lafayette (B’klyn)
Lamar.. j
Lenox
2.0
•
'
Kings Co. (B’klyn)
Knickerbocker
132
•
«...
Howard
City K.H. Stocks and lionds.
Citizens* Gas Co <Bkl'. n..
do
certificates
Harlem
Paid
July, ’72..5
July,’72..
.July, '73..7
July, ’73. .5
July, ’78..5
10
14,428
255,321 20
—39,659
184,271 16'
1,010,000
500,000
200,000
50
50
100
25
50
100
50
30
20
<50
50
Hanover
132
.
250,000
300,000
200,000
200,000
1,000,000
200,000
300,000
200,000
200,000
200,000
204,000
150,000
150,000
200,000
15
iio
119k
210,000
80
5"
17
10
10
lOo
100
50
50
25
100
iremen’sFund—
i29
ItOk
200,000
153,000
300,000
100
......
134
132
200.0, 0
25
40
Greenwich
Guardian
Hamilton
no
200,000
800,000
100
German-Ainer.can
180
122
250.000
50
Star
Gas
Price.
Dividends.
1S6S 1870 1871 1872 Last
200,000
Firemen’s Trust...
Gebhard.
U’S
.
200.000
Exchange
Farragut
Firemen’s
.
......
.
Jan., ’73. .5
Nov., ’72...4
July,
.
......
July 1/7,3.3k
'71.3k
•
25
100
Eagle
Empire City
.
.
l,’*78„.a
Feb.,
4
116
July 7/ 8 ..5 131k
Apr. 1/72. .4
July, ’71.3k
Nov.'. '72...3 104
A pi. 10 ’73...4
July 1/73...5 131
July,
<*
.
.
.
iio
Jan., ’73...4
July 1/73...6
July 1/73...5
July 1/73 ..5
My 1/73...4
May 1/73...5
May 1/73...5
July 1/73...4
July 1/73.. J
Inly 1/73. .5
4
......
Jan. 1/73...6
12
Fire....
Commercial
Continental
tCorn Exchange,
commerce
t
July 1/73... 6
Mav
Columbia
.
.
’72.. 10
16
Clinton
£
July 1/73...4
July 10/78 ..5
8
8
12
10
.
..
Broadway
Brooklyn
Citizens’
City
...
....*<
86
80
9
Feb.. ‘73. .4
6 k Jan.. ’73... ?
10
July 1/73. f
12
Ju e, ’73...f
8
Bowery
Brewers’ & M’lst’rs
in
July 1/73...7
7
8
10
7
1»
12
•
•
•
Jhu., ’73...7
July 1/73...8
5
Jan., ’73...5
9
July 1/73... 4
Jan., ’73,..f
7k July 1/73.. 4
7
July l,’73.8k
12
July ','73...b
n
«
....
73...5
Nhv..
6
8
10
15
7
9
90
....
July 1/13.. .5
July 1 ,'73.. 4
Men., ’73...4
.
.
2,000,0 0
......
......
May 1/73.. 10
-
7
8
10
16
7
Jau.,
AStna.
American
American Exch’e..
Arctic
Atlantic
.......
July 1/73...5
Nov., ’72...5
Feb., ’73...4
Q
S
-73...5
Jan.,
10
8
Adriatic
.....
July S.TS.Sk
Jan., 73.3 k
8
10
Feb.,
Jan. 1,
1873.*
109
’68..15
•July 1/73...4
July 1/73... 6
Jan., ’73.. 10
Ju'y 1/73...5
Jan., ’73.. 11
July 1/73. .-4
July, l’73.3k
Jan., ’73.3k
Par Amount.
285
Ju!vl0/73.3k
July T/73...4
8
7
14
20
200,'KXl
4< ! 1 000,00
50 1 1,500/00
10C
200,000
Tradesmen’s
r
7
20
10
M.&N.
A.& O.
J. & J.
J. & J.
J. & J.
J & J.
J. & J.
500 .OCX)
.
6
8
A. & O.
J & J.
1.5tX),0 0
.
4
12
8
10
12
10
8
12
’.0
10
8
10
10
8
g
F.& A.
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
2,000.000
20
8
8
7
10
20
S
10
4
7
20
Q-J.
000.' 00
10
10
16
& A.
J. & J.
M.&N.
F.& A.
M.&N.
23,000
200,000
1.000,000
1.500.000
100 3.000. 00
100
200,000
100
500,"oO
M iit.nal*
Nassau*
National Gallatin
New York
New York County
N Y.Nat.Exchange..
N Y. Gold Exchange*
Ninth
T...
Ninth Warn*..
Nortu America*
North River*
Oriental*
Pacific*
Park
Net Stjr
PLXJ6,
Capital.
155
July 1/73...5
10
8
12
36
6
8
Q-J.
900,000
300,000
i
Askd
......
July 1 *73.. 12
Jan., ’73...4
20
12
36
10
20
9
J. & J.
J. & J.
000,000
24
8
Q-J.
’200,000
5U
Irving
Manuictrers’& Build.* 100
Leather Manufactrs... -100
Manhattan*
Manut & Merchants*.
July,
M.&N.
J.& J.
J. & J.
J. & J.
.
July 1,*73. ..5
Jan.. ’67...5
May 1, ’73...4
Jan., ’72... 4
.
»
8
8
24
20
10
.
F
•
8
8
Q-J.
’600,000
1
Bid.
Last Paid.
10
•
J. & j
SJRKJ.OOO J. & J.
450,000 J.& J.
300,000 ev.2 mos
4UI.01KI
J. & J.
40
.
10
J. & J.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
300,0“0
250,IKK)
o
1872
Companies.
3,0i:0 000
590,000
5.000,000
30
Fulton
German American*..
1871
Periods.
100
25
100 1,000,000
100 l0.0i)0,(KKJ
750,000
100
100 2,000.000
100 1,000 000
100
100,000
](ll) 1,000,000
25
350^00 1
25
*(0,000
150 000
100
500 00)
100
100 * 000,000
Citizens’..;
Price.
Dividknds.
Marked thus (*) are
Par Amount.
not National.
Insurance Stock List.
(Quotations by E. S. Bailey, broker, 65 Wall street.)
Stock List.
Capital.
-
Park bonus.
Water bonds
.1860-71.
Sewerage bonds
Assessment bonds...
rersey City
Water loan
do
1-'57-7l
3 years
do
1852-67.
1869-71
Sewerage bonds
1866-69.
1868-69
Bergen bonds
Assessment bonds... 1870-71.
5
6
5
6
6
7
6
5
6
6
5
7
6
7
5
6
7
6
7
Feb., May, Aug.& Nov.
1870-80
1875-79
1890
1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1873
1871-76
1901
1878
do
do
do
do
do
do
do
do
May & November.
Feb.,May, Aug.& Nov.
do
do
do
do
do
do
do
do
May & November.
Feb.,May, Aug.& Nov.
May & November.
V
do
do
do
do
do
do
do
do
*
1894-97
1872
1873-75
do
do
.
do
do
do
do
do
do
1876
1889
1879-90
1901
1888
1879-82
January & July,
do
do
do
do
do
do
do
do
*
1872-91
1885-91
1881-95
1872-95
do
do
do
do
do
do
do
do
106
104
99
105
95
99
102
96
105
98
98
98
98
98
106
100
106
97
100
103
98
107
99
104
100
105
«
f
4
-
do
do
do
Jan., May, July & Nov.
1
96
98
103k
104
103k
103k
92 y
104
104
1915-24
1881-1902
1U3
U«H
various
various
100
100
1877-95
1899-1902
1872-79
1874-1900
1875-91
90
99
98
99
99
1911
January & July.
do
do
do
104
-P
-
...
-
98
98
98
98
98
90
95
94k
.
•
•
92
100
99
100
100
—
——.— ■
rnrnMfm
THE
.July 12.1873.]
51
CHRONICLE.
Erie Railway.—At the meeting of the Erie stockholders on
Tuesday, the 8th inst., the following board of directors for the
ensuing ye \r were chosen without opposition-, Mr. S. L. M. Barlow
AND
representing $61,000,000 of stock and voting on $41,000,000 of it :
STATE, CITY AND CORPORATION FINANCES,
Samuel D. Babcock, *George H. Brown, President of the Boston
& Montreal Railroad Company ; ^Hermann R. Baltzer, Samuel L.
M. Barlow, W. Butler Duncan, *Giles W. Hotchkiss, *William
EXPLANATION OF STOCK AND BOND TABLES.
T. Hart, President of the Boston, Hartford & Erie Railroad Com¬
1. Prices of the moat Active Stocks and Bonds are given in the “ Bank¬
ers1 Gazette,” previously.
Full quotations of all other securities will be pany ;*Adrian Iselin, John Taylor Johnston, Henry L. Lansing,
found on preceding pages.
Edwin D. Morgan, Cortlandt Parker, Homer Ramsdell, *Lucius
„2. Government Securities, with full information in regard to each
issue, the periods of interest payment, size or denomination of bonds, and Robinson, Frederick Scbucbardt, William W. Shippen, Peter H.
Watson. Those marked with a * are new names to take the
numerous other details, are given in the U. S. Debt statement published in
The Chronicle on the first of each month.
places of the following gentlemen, who retires John A. Dix, John
3. City Bouds, and Bank, Insurance, City Railroad and
J. Cisco, R. V. L. Pruyn, George T. Oliphant, A. S. Diven, George
Gas Stocks, with quotations, will usually be published the first three
weeks of each month, on the page immediately preceding this.
Day. The new board of directors have not yet organized for the
4. The Complete Tables of State Securities, City Securi¬
choice of president and other executive officers. President Watson
ties, and Railroad and miscellaneous Stocks aud Bonds presented a report, of which the following are all the essential
will be regularly published on the last Saturday in each month. The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
points:
In the course of the next few weeks a complete report of all
supplement, .vhich is neatly stitched in with the usual edition and furnished
to all regular subscribers of The Chronicle.
operations to the 1st of July can be made, and it is intended that
such a report shall then be made, as will show, with precision,
Louisiana Finances,—The following notice lias been sent to the actual condition of this company’s affairs for the past six
Messrs. Winslow, Lanier & Co., the New York bankers for months.'
% noestments
-
“
paying the State interest of Louisiana
“
.
The Louisiana National Bank of
'
New Orleans,
New Orleans, )
July 5, 1373.
f
Messrs. Winslow, Lanier & Co., New York:
Dear Siks—Inclosed please find schedule of interest coupons of the State of
Louisiana, due in March, April, May and June, 1673, and those outstanding at
the close of the year 1872, which, when presented, please pay, and charge our
account with same. I also inciose copy of letter dated 3d inst. from Charles
Clinton, Auditor, in reference to interest coupons on bonds issued under act
32. of 1870. which are not to be paid ; those of the Mississippi & Mexican Gulf
Ship Canal Company, referrea to in copy of letter 10th ultimo, sent you and
enjoined, are now included in the schedule of interest payments.
I particularly wish to call your attention to the interest coupons of the
North Louisiana A T^xas Railroad Company, the injunction having been
removed on the original issue of $546.0CO bonds, and accordingly the coupons
due in April are to be paid, being numbered from 1 to 546 inclusive ; and those
earnings of this company
For the past half year
those of any similar period since the
reforms begun in the management
The
increase.
have continued steadily to
they have largely exceeded
completion of the road. The
of the company’s business
almost every depart¬
ment, and these expenses will be still more largely diminished as
the reforms in progress are developed ; and when the present
plans for a double track and narrow gauge upon the whole line
shall be carried into effect, there is no reason why the cost of
operating this road, in comparison with its gross earnings, should
not be as low as upon any of the other great trunk lines.
The funded debt of the road has been increased during the
against the last issues of bonds, $576,030. numbered from 517 to 1,122, are not year by the addition of ten millions of convertible bonds,of which
to be paid—the injunction holding good against them.
Yours truly,
eight millions have already been sold at par, in currency. The
A. Luria, Cashier.
remaining two millions will probably be placed at the same rate
South Carolina Finances,—An injunction has been granted as soon as they will be needed for our new construction and
prohibiting the collection ot taxes to pay interest on the $7,000,- equipment, now in progress. Assuming all these bonds to be
000 of State bonds alleged to have been illegally issued.
negotiated, the funded debt of the company will then be as
folio ws:
—A letter from an official at Memphis, Tenn., states thst the
July 1. 1872
$30,040,140
July coupon ot 1872 will now be paid at that place, and as fast as Reported
Convertible bonds......
10,000,000
the interest fund accumulates the payment of others in regular
Total
$40,040,140
sequence follow.
stock
The
Texas & Pacific Railroad,—The Committee on Stock List of
capital of the company is unchanged as reported
the New York Stock Exchange received a short time since an July, 1872, viz.:
.". $78,000,000
application from the Texas & Pacific Railroad Company to have Common stock
8,536,910
their securities placed on call.
The following statement was Preferred stock
submitted by the company:
Total....:
$86,536,910
TEXAS & PACIFIC RAILWAY COMPANY,”
The floating debt of the company a9 reported July 1, 1872, was....
$6,463,668
1,700,060
:
organized under acts of Congress March 3, 1871, and May 2,1872. The present floating debt is nearly
Length of road.—From State line to Fort Worth, 198 miles ; or about equivalent to one month’s current receipts, showing a
from Marshall to Texaskana Junction, 59 miles ; from Texaskana reduction since last July of $4,750,000 and upward.
Junction to Fort Worth, 236 miles; from Fort Worth to San
The grading for the double track is rapidly progressing.
Diego, 1,434 miles ; total, 1,937 miles. Road leased from Texas Upward of 40 miles will be ready for the rails in August, and
State line to Shreveport, 21 miles; number of miles of road com¬ during the autumn a further portion of 80 miles will be com¬
pleted and equipped, 115 miles; number of miles of road graded, pleted, making in all 120 miles to be co3tructed this season.
ready for track, 287. Iron delivered and being delivered for 225
“During the present season, we expect to change the existing
miles of track to be laid within the year.
gauge of the road from Attica to Paint d Post, a distance of 100
By July 25 the road of the Texas and Pacific Rail way’completed miles, and to lay a third rail from Attica to Buffalo, and from
between Shreveport and Dallas, 192 miles; from Marshall to Jef¬
Painted Post to Waverley, the third rail on the latter being
ferson, 17 miles; from Jefferson to a point of connection with the already neaily complete. This will give us a narrow gauge con¬
Cairo and Fulton Railway line by Dec. 1, 1873, 69 miles.
First nection with Philadelphia and the anthracite coal fields. As
mortgage six per cent gold construction bonds, dated June 1st, rapidly as is consistent with an economical change of our present
187.2, mature June 1st, 1912. Interest payable Dec. 1st and June motive power and rolling stock, it is proposed to narrow the gauge
1st.
Principal and interest payable in New York or London, and of the whole of the main line and branches.
at the option of the holder, free of taxes.
Not only is this change demanded for the purpose of reducing
Denomination, $1,003.
Issue of bonds $40,000 per mile ouro id as constructed and equip- working expenses, but because we cannot, so long as our gauge
ped. $77,480,000. Trustees—J. Edgar Thomson, Samuel M. Felton. is not in conformity with that of our Western, Eastern and
Bonds registered or coupon at option of the holder.
These bonds Southern connections, secure a large amount of traffic now offered
are secured by a one per cent sinking fund, and by first mortgage
to us, if we could receive and transport it without breaking bulk.
The motive power and rolling stock of the company is in a more
upon ihe railway of the company, its equipment and franchises,
and upon fifteen millions of acres of land donated by the Gov¬ efficient condition than at any previous period, as is shown by the
ernment of the United States.
They are convertible into, or increased service whicu it performs. But the imperative demands
receivable at par and interest, in payment of aay of the said of our tiaffic will require, by the time the narrow gauge track is
lands.
None of these bonds pb yet issued. Authorized capital extended eastward to Waverley, the immediate addition of 2,000
stock $50,000,000 ; shares $100 each.
narrow gauge cars, and 100 narrow gauge locomotives, which we
^ Equipment on line as follows:
Engines, 21; passenger and are now about to put under contract.
“In the month of February last, in addition to the annual
bag£ag© cars, 19; freight cars—box and platform, 575 ; road and
construction cars, 58.
Under the act of Congress and the legis¬ dividend of 7 per cent on the preferred stock, a further dividend
lation of the State of Texas, the company has consolidated with of If per
cent on the common stock was declared and afterward
itself the Southern Trans-Continental Railway Company and the
paid.
Southern Pacific Railroad Company, ‘corporations chartered by
The accounts, based upon which this dividend was declared,
the State of Texas. The company has a floating debt incurred iu
lave already been published, and have, in addition, been most
the purchase of these roads of one million dollars, to meet which carefully
scrutinized by a committee of the Legislature. At the
the company has unsold first mortgage bonds amounting to time of making this dividend sundry important
items of accouut
$1,800,000, and Btock subscriptions uncalled amounting to nad to be estimated, because of the incompleteness of the returns
$1,800,000.
and the backwardness of the bookkeeping, but in every instance,
The company has also on hand $8,000,000 seven per cent cur¬ when these estimated items came to be corrected by the acl ual
rency land grant bonds, being part of an issue of twenty millions returns and the completion of the accounts, it was found we had
of dollars, secured by mortgage upon thirteen millions of acres of under-estimated the receipts, over estimated expenses, and there¬
land granted by the State of Texas, Earnings of the road, 66 fore under estimated the actual net earnings, and nothing has
miles operated during the past year, $346,987.
Transfer office, since occurred to show, or even to raise a doubt, that this dividend
No. 50 Exchange place, New York. Officers—President, Thos.
was not fully earned, or was not properly declared and paid.
On
A. Scott; Vice-President, Wm. A. Wallace; Treasurer, Edwards the contrary, it is believed that the system then inaugurated, of
Pierrepont; Secretary, E. B. Hart.
carrying the cost, paid from earnings of all additions to the
New York, New Hayen and Hartford.—The last steel rail
property and equipment of the road to capital account, taking
has been laid upon the New York and New Haven division of care in all cases to make ample allowance for the necessary
this road, and the steel rails are now complete, without a break, expenditures for a full and liberal reparation of the road, its
from New York to New Haven on both tracks.
equipment and machinery in every department, and of then
have
diminished the relative expenses in
“
..
“
“
“
“
•
“
J
4
'
.
THE
52
dividing tlio whole of the actual net earnings of the Company
among its stockholders for the time being, is a policy equally
honest and wise, and to this policy of fairly dividing the actual
earnings at short intervals, say semi-annually, among the whole
body of stockholders, the present Board is fully committed upon
principle.
“As before stated, a full report of all the affairs of the Company,
including its earnings for the first sis months of the present
calendar year, is necessarily deferred to about the end of August
next.
All of which is respectfully submitted.
By order of the
Peter H. Watson, President.”
Board.
Steamship Company.—Mr. Aaron Freeman,
stockholder for the past ten year3 of the
Company, has taken preliminary steps to
bring a suit against Mr. A. B. Stock well, late president, and the
board of directors who went out of office May 23, to recover the
value of securities belonging to the company, which, lie alleges,
were
diverted from their proper use. lie demands that the
present board shall unite with him in the suit. At a meeting ofthe directors of the company this matter was referred to the
counsel of the company to report hereafter.
The Pacific Mail
of Schenectady, N. Y., a
Pacific Mail Steamship
The New York & Oswego Midland and New Jersey MidLand*—The first through train on the New York & Oswego Mid land
Railroad, from Osvogo for New York, started on the 10th inst.,
lieavijy laden wiili flour. The last spike in the road was driven
on the previous day. The officers of the company say that through
passenger trains will begin to run oil the 20th inst., and time
tables rre new in course of prepaia ion. As to a report that the
company intense l to repudiate the mortgage bonds of the Mont¬
clair Railroad, which it had guaranteed, the officers say that no
threat of the kind lias been made.
meeting of the Executive Committee of the New York Mid
was held
this week at the company’s offices to perfect
arrangements to consummate the lease to it of the New Jersey
Midland. Mr. Wortendvke, the President of the New Jersey
Midland, says that extensive improvements are designed by that
company, independently of its connection with the New York and
Oswego. Its managers expect to extend the road from Ogdensburg to Btdvidere, Warren Co., there to connect with the Belvidere
and Delaware and New York Central roads, and with a road now
building by the Pennsylvania Central. It is also designed to build
A
land
aside, by consent, and the property released.
Michigan Central Railroad—No Dividend.—The
Michigan Central Railroad Co. have issued the
following circular:
*■
*
'.
The stockholders of this company have been heretofore made
aware of the large expenditures which have been made and are
being made upon the road to enlarge its ability to meet the
demands of business pressing upoil it.
These expenditures have
been more than was estimated, because it has been found neces¬
sary to press them faster than was originally intended, and also *
because of the largely increased cost of iron, steel and labor.
The capacity of the road, however, in all its departments, has
been largely increased for business, though, even as yet, it is
inadequate to the necessities.
The full statement of its affairs comprised in the annual
report, which is now in press, will soon be before every .stock¬
holder. It will show what has been done, and what remains to
be done, and the necessities therefor, and also the financial condi¬
The
Directors ol the
“
“
#
“
tion of the company.
“
The net earnings.of
the past six months have been
thought it
about 31
larger will also
stockholders to judge
per cent, and the reason why it has not been
appear in the report, which will enable the
as to the future of the property of the company. “
In the circumstances, however, and with the amount
is evident must be yet expended upon the road, the
which it
B >ard have
the wisest and best policy for the stockholders not to
earnings made, but to allow them to be used to add to
divide the
the value of the property.
It has become evident’that it will require the full amount of
the proceeds of its mortgage bonds, and some more, to
the improvements necessary, and the board believe that
interests of the company are promoted by using the present net
“
complete
the best
earnings rather than raise money at large sacrifice, now or in the
future, or attempt to carry a large floating debt.
They regret very much the necessity of passing a dividend,
but believe they will be justified by t,lie stockholders when they
“
sliaU have read the annual report.
Their confidence in the value
property is unshaken, though so large an amount of money
has been and still is required to make it adequate to present and
of the
future demands upon
it.
By order of the Board,
President.”
dispatch from St. Louis,
“J. F. Joy,
The North Missouri Railroad.—A
here by
Dwight
Missouri
Railroad Company and the St. Louis, Kansas City & Northern
Railway Company, to set aside the sale of the road made August
23, 1871, to Morris K. Jesup, of New York, on the ground that
the deeds of trust, conveyances, &c., were executed without legal
this authority given by the stockholders. The bill charges that the
about two and one-lialf miles of track to the freight terminus
of the road at Weehawken, and to finish the work iu 18?3.
The Newark (N. J.) Advertiser says: The several writs of
attachment issued against the New York & Oswego Midland
Railroad company, under which the sheriffs of Essex, Hudson and
Sussex seized upon the rolling stock of the company, have been
set
12< 1873«
CHRONICLE.
July 5, states
:
A suit has been filed iu the Circuit Court
Kitchens, of St. Loui3, D. L. Leggett, and
Roberts, of New York, and others, against the North
Messrs. S. G.
Prior to
against Mr. Byram and the directors of the old North Missouri Company, by means of a
Passaic, forbidding them to fictitious purchase of illegally issued bonds, assumed to become
of the company, upon the absolute 'owners of the road and its franchises, while disfran.
ground that such seizure would jeopardize if not destroy the chising the stockholders of their rights.
interest of the third mortgage bond-holders, to whom the rolling
International (Texas) Railroad.—The Texas courts have just
stock is pledged, and whose security would be diminished and •rendered a decision confirming the constitutionality of the act
possibly destroyed if such seizure was allowed. The company granting the International Railroad charter, and have issued a
claim that Mr: Byram has acted maliciously in suing out so many mandamus to compel the State officers to sigh and deliver the
writs and causing so large an interruption of their business, State bonds to which that company is entitled by act
of the Texas
and have commenced suit against fiim therefor, laying Hheir
Legislature.
damages at $25,000.
Gilman, Clinton and Springfield.—Despatches from SpringNew York Central Scrip Tax.—Commissioner Douglass lias field, Ill., have stated that the ^directors of this company
made arrangements with the Pennsylvania Central to lease their
informed the President of the New York Central Railroad Com¬
pany that the claim for the refunding of the tax had been road for a period of 999 years, and transfer the entire manage¬
examined, and the office decides to adhere to its former ruling in ment of the road to the Pennsylvania Central Company. A
the case.
meeting of the stockholders of the Gilman, Clinton and SpringAtlantic & Great Western.—A report states that arrange¬ field road was ,called to meet on the lO.h of July, when the
of leasing the road was to be submitted to them.
ments are being made uuder the direction of J. L.
Devereaux, the question
A later telegram from Chicago, July 8, says : “Judge Tipton, of
newly appointed manager of tne Atlantic and Great Western
McLean County Circuit Court, to-day issued a temporary injunc¬
Railroad, for the narrow guaging of the entire line. Under the
tion to restrain the leasing cf the Gilman, Clinton & Springfield
auspices of James McHenry, money lias been raised in Loudon
Railroad to the Pennsylvania Company, to whom the directors of
sufficient for the completion of the work.
The road has been the road had leased
it, and who had agreed to pay the principal
laboring under serious disadvantages in consequence of the and
interest of certain debts which, as the bill charges, are
necessity for shifting freight from the narrow guage ears of other
lines before it could be transported over the Atlantic and Great fraudulent. The bill also charges large frauds in the construc¬
Western.
The earnings will, it is said, be materially increased tion of the road, by which a Pennsylvania corporation, known as
the Morgan Improvement Company, secured enormms profits at
as soon as the narrow guaging
is completed.
the expense of the stockholders of the railroad -company.
A
Central Pacific Railroad.—This company has elected Leland receiver is asked for.”
Stanford, C. P. Huntington. Mark Hopkins, E. II. Miller,«. Robin¬
Chicago aiul Alton Railroad.—This company nroposes to
son, C. H. Cummings, and William E. Brown, directors for the create an indebtedness not
exceeding $8,000,000, secured by a
ensuing year. The proposed sale of C. P. Huntingion’s interest mortgage or deed of trust upon the Company’s property, the
in the Central Pacific lias fallen through.
The general terms of money to be applied to retiring the present bonded indebtedness
a i
arrangement had been agreed upon, as announced, and the of the
company and the better equipment of the road with a
transaction was looked upon as substantially clo.-ed, when diffi¬
double track and steel rails.
A meeting of shareholders will be
culties arose which prevented the final consummation of the
called for the 10th of September to approve the proposition.
matter.
Dos Moines Talley.—In the. Circuit Court at Des Moines,
The Central Pacific Railroad Company refused to deliver gov¬
Iowa, June 25, Judge Mitchell sustained the motion for the issue
ernment freight at San Francisco without
prepayment of charges of an execution for the sale of this road. In
compliance with this
accruing on the railroad west of Omaha, and the Atiorneythe
Sheriff
of
Polk
county
road
advertises
the
to be sold at public
General decides that this act is a violation of law, and that suit
sale on.the 25tli of July. The sale will be absolute and of the
will be brought aga nst the company for the
recovery of freight
entire property of the company, including the land grant.
without payment of such charges.
Sunbury & Lewiston.—A practical movement is being made
Union Pacific.—Sixty-two defendants in the Credit Mobilier by the holders of the Sunbury and Lewiston first mortgage 7
suits on Monday, entered personal appearances in the United
per cent gold bonds. These securities represent $1,200,000, and
States District Court, before Judge Shipman, in Hartford, Conn. now have upon them two unpaid semi annual
For
coupons, viz.:
They moved that the bill be dismissed as regards therr, on the October, 1872, and April, 1873. Atarecent meeting of the largest
ground of want of jurisdiction of the court, the said defendants holders of the bonds it was agreed to foreclose the mortgage, and
residing in the Southern District of New York. The motion to the necessary legal steps to secure the end in view will at once
dismiss will probably be argued at the September term of the betaken.
Several months must elapse before anything definite
court. Eighty-seven other defendants appeared by counsel.
is accomplished.
the Chancellor granted an injunction
sheriffs of Essex, Hudson, Sussex and
seize or hold any of the rolling stock
„
.
53
THE CHRONICLE.
July 12,1373]
l
■
Canada Southern.—At the annual meeting at St. Thomas,
Canada Pacific Railway.—A despatch dated Montreal, July Ont., it was stated that the Western Division was opened for
7, states that'at a meeting of tlie Board of Directors of
local traffic, May 20, and a daily train was running.
Tlie St.
Pacific Railway, held there on Saturday, the. terms proposed by Clair branch and tlie Eastern Division are nearly ready for busi¬
Sir Hugh Alian for the construction of the road were finally ness.
The line will not he opened for through business until
the Canada
j
accepted.
everything is in complete order.
Sir Hugh Allan has published an affidavit in explanation of his
At a special meeting of the stockholders, held immediately
pse of money in procuring the charter of the Canada Pacific
after the annual meeting, tlie following propositions were acted
Railroad Co. He states that no money derived from any fund or
upon:
from any of his former associates was expend; d at the recent
1. The Canada Southern Railway Company was authorized to
general election, and that he had made no agreement
loan its credit to, and become guarantors for stock in the Erie &
government to pay any money in consideration of receiving
Niagara Railway Company, and subscribe and become owners of
contract. He considered it for his interest that members of par¬ stock in tlie said
company.
The same powers were conferred
liament wbo had shown an interest in railway enterprises in which with reference to tlie
Michigan Midland & Canada Southern Rail¬
he was interested, and who were dispose., to assist them further
way Company; to the Toledo, Canada Southern & Detroit Railway
should he aided in their elections, and he subscribed and lent
Company, and to the Detroit River Railway & Bridge Company.
money for that purpose; hut without any understanding as to wliat
2. An agreement between tlie Canada Southern and the Erie &
they were to do when elected. These sums amounted to about Niagara, for operating the line of the latter Company was sub¬
the sum stated in his letters—three hundred and fifty thousand mitted
by the directors and was confirmed by the shareholders.
dollars.
3. An agreement with the directors of the Hamilton & Lake
Southern Minnesota Railroad.—Albon P. Man and Chris¬ Erie Railway Company for t.lie exercise of running powers over
topher Meyer, of this city, trustees of the mortgage bonds of the the line of the said company, and for other purposes mentioned
Southern Railroad of Minnesota, formerly called tlie Minnesota : therein,* was also submitted and agreed to.
4. Tlie proposition for an increase of the capital stock of the
and Northwestern Railroad, sold the road, machinery, and appur- J
tenances at auction, on the 9th inst., the company having failed ! Canada Southern Railway Company was withdrawn.
to pay the interest on its mortgage bonds.
The mortgage was Chillicothe & Brunswick*—This "railroad is authorized to be
executed in August, 1870. Bonds to the amount of $409,000 w *re sold at auction in St. Louis, on the 23d of July, by tlie survivor
issued, and the inti rest due July, 1872, amounting to $10,415, was of two trustees designated by a mortgage deed made July 1, 18G9,
not paid.
The interest since then, together with the principal ot to secure the payment of five Efimdred $1,000 8 per cent five-year
the bonds, makes a grand total of $515,235, to discharge which the
bonds, the interest on which is in default. Tlie road is leased
road was sold.'
and operated by the St. Louis; Kansas City & Northern, and the
Macon & Brunsw ick.—Gov. Smith issued a proclamation, July bonds in question are guaranteed by that company.
2, seizing the Macon & Brunswick Railroad for failure to pay the
Little Rock; Pine Bluff & New Orleans.—The track is laid
semi-annual interest on the bonds of the r ad indorsed by the to Dorris Lake, about three miles from Pine Bluff mid twentyState, said seizure being provided by tlie legislative act granting one miles beyond Varner’s tlie late terminus.
the indorsement.
George H. Hazelhurst was appointed agent of
—The following is by telegraph from Washington : Governor
the State to receive and control the road and its properly.
Davis (of Texas) leaves here this week for New York, to make
Indianapolis? Cincinnati & Lafayette.—The directors voted some efforts to dispose of $900,000 of Texas bonds, bearing seven
to accept the transfer of the railroad from the receiver pur¬
cent interest, payable in gold. The state debt is now about
suant to the order of the United States Circuit Court.
Mr. M. E. per
$1,600,000, a greater part of which wag incurred by maintaining
Ingalls was elected director vice Joseph C. Butter, deceased,
troops for the frontier defense.
was subsequently elected president.
with the
the
,
and
MONTHLY EARNINGS
(585 m.)
1873.
(53 ) m.)
$372,845
$374,718
1872.
"324,210
435,544
42S 5 >4
435,501
417,903
423.514
472.110
505; 069
547,923
471,774
404,900
*
5,131,912
i
Chi'’-, Diny
1872.
(132 m.)
$41,553
43,952
45,997
49,515
50,139
...
..
,
(284 m.)
$170,023
162,585
180,467
190,562
185,683
185,953
-
.
.
.
,
(715 in.)
$505,586
484,022
558.533
607,678
593,641
503,314
(956 m.)
(971 m.)
1,294,056
1,464,209
1,329,422
110,710
119,753
......
118,058
g 98,717
{ 72,309
......
(1,018 in.)
$460,985
387,565
426,192
474,188
580,432
675,840
679,333
594,769
......
488,349
565,728
811,961
950,945
.
...
00
..Bee
693,063
..Feb..,
555.005
..Mar..,
95.853
569,236
805,799
929,210
..April
117,512
150,574
143,455
180,480
171,945
..Jan.,,
..May..
..June.
..July..
..Aug.
•
•
•
.
..Sept...
..Oct
..Nov...
..Bee...
...
J 702,S33
{ 513,787
..
Year
.
(530 m.) (530 m.)
$228,830 $183,275 ..Jan....
220,618 ..Feb....
211,057
260,194
229,924 ..Mar. .
230,109
231,886 ..April.
219,051 ..May...
227,640
216,354
199,958 ..June..
207,854
July...
233,551
Aug. ..
*
.
.
296,502
241,985
.T77TT
.Year
..
....
•
•
12,272,645
.
•
•
•
•
•
•
*
AiaKe snore & m.s.
1812.
1873.
•
•
Ohio & Miss.
$312,848
265,628
255,471
215,360
178,151
180,127
*
260,127
227,225
181,037
148,691
«
•
,
.
265.406
114,601
90.070
M
• •
326,667
260,404
1872.
127,852
•
384,193
.
Tdedo.Wab. & W.
,P & Wars’w.
1873.
1872.
1873.
94.522
178,169
315,699
317,410
-
100,439
105,4‘6
102,191
117,904
(628 in.)
$439,780
(628 in.)
•
3 ,575,14S
Union Pacific.
(1088 m.) (1,038m.)
$370,290 s $273,936 $374,925
405,110
405.110
534,115
491,783
460,646
447,313
471,301
565,861
741,802
708 259
510,792
462,868
432,056
614,175
446,527
470,598
541,192
890.412
743,383
103,110
90,856
757,850
5,968,317
8,892,605
•
t
•
r
• •
•
•
•
•
•
•
v
•
784,568
863,754
489,341
492,235
•
881,266
835,459
565,811
621,351
•
1873.
1872.
114,488
115,140
1,270,216
1873.
249.911
2,952,004
169,454
177,515
170,218
1872.
.-222,682
294,150
(248 mi.)
$79,591
Pacific of Mo*
(393 in.) (471 mi.) (471 in.)
$277,776:$246,830 $227,897
246,805 237,778 261,346
332,849 327,404 344,633
333,236 295,160 320.991
3:0,785 269.559 301,521
282,302 286,637 272,600
(393 in.)
$273,024
235,980
288,852
273,920
272,310
356,232
445,187
250,856
306,248
344,335
360,056
1873.
1873.
1872.
1873.
$320,669
.
17,591,629
3,651,645
151,445
158,526
200,757
167,496
1,888,92.2
....
.
1872.
(641 in.)
$200,630
218,000
252,400
261,700
251,355
130,145
102,613
.
.
Mobile & Ohio.
1873.
(337 mi.) (248 m.)
$166,078 $144,209 $108,188
Bee....
AUl,UOiJ
,
1,364,006
(337 m.)
177,085
201,648
•
......
•
1,895,858
Sept....
Oct....
•
•
227,443
230,410
200,023
140,552
165,392
154,641
147,540
149,832
#
#
205,588
1872.
1,067,387
859,780
.
-
St.L. A. & T.H. Tol
St. Louis, E G &N.
1872.
1873.
2,856,920
•
8,026,754
(433 in.)
$81,299
91,138
(m.)
$334,715
423,716
•
724,983
1872.
1873.
•
,
4,035
687.630
881,692
696,475
1 433.948
m
(212 7/i.) (212 m.) (672 in.) (672 m.) (1,074 in.) (1,136 m.)
$101,075 $100,327 $189,606;8150, 567 $ 1.339,389“- $1,412,368
1,549,285
99,441 90 441 191,738 194, 786 1,294,710
1,735,736
109.830 112,569 200,783 300, 7:9 1,493,403
1,694,543
114,812 1.24,045 322,>75 359, 2;‘8 1,528,250
763
1,680.969
1,479,945
125,286 133.758 311,843 332,
315 363
1,323,476
1,585,368
100 SOS 1-86,178
1,223,708
321,774
100,860
1,459,360
349,-382
117,403
1,635,' 91
124.203
341,968
1,764,783
442,822
137,634
1,558.424
310,345
102,431 *
223,241
1,433,480
126,124
744,782
..
1813.
1872.
Mo, Kan. & Tex-3S.
235,159
......
.Sept....
.Oct
Nov....
..Year..
6,957,771
180,786
2,251,212
.
1872.
542,008
690,017
,
659,362
609,846
783,255
,
(715 mi.)
$415,897
,
648,955
Mil. & St, Paul.
1873..
...
54
.
•
18,390,605
$173,707 $146,160
156,292 163,254
182,055 229,260
178,65^ 208,140
187/25 230,300
181,243
194,155
194,000
213,325
203.731
205,698
.
550,871
May...
1,029,9' 8
1,193,700
1,303,304
me
Kans. Pac’c->
1872.
1373.
Ind. Bl.AWest’n.
1873.
April..
..June..
426.310
482/205
...
1873.
(
Ml.) (— w.)
$774,856 $752,468
765,250
714,122
967,258
846,394
900,376
91)0,816
1,074,779 1,237,083
1,070,460 1,292,143
5,150,320
562,949
651,952
..
1,392,615
St. L. & Iron Mt.
1873.
1872.
(212 in.) (212 >n.)
.
J
.
.
438,352
559,882
•
352,004
575,393
..July
..Aug....
.
412 218
431.315
531,627
..
*.*•••
424,614
379,879
409,254
419,197
497,261
510,756
$637429 $580,499
Jan—
.
•
...
..Feb..
March.
.i
373 217
.
12,933,126
..
1,541,953
1,754,821
1,717,593
.
356,37S
1,313,790
(1109 m.)
1.515,382
$-352,538
402,177
1.332,220
Bee...
..
$371,708
332,902
1,375,425
1.299,990
1,037,125-
..Oct..
..Nov...
1872.
1372.
(649 m.)
1
Illino's Ceni’i.
1,704,374
1872.
1,175,295
1,283 297
.
1873.
1,743,752
Michigan Cent.
..July..
..Aug...
.Sept...
..Year
1.550,023
1,525,243
1,643.464
6,994,124
oo
.
1.-22,140
..
Erie
1,527,993
1,767,936
1,463,961
432,923
304,435
576.783
100,272
765,855
~
667,849
786,333
616,024
$83,126
"101,825
......
$1,333,310 $1,316,831
408,849
580.908
43,461
g
(391 in.)
949,598
1,322,775
J unc.
(600 m.)
974,460
1,132,923
875,762
.
995,865
.
,
.
84,022
505 808
(358 w.)
42,258
f 96.842
93,420
113,831
126,968
98,592
4,462,625
1873.
78,346
73,834
......
325,258
401,251
417,327
439,581
389,829
358,743
-
St. L. & s. East.
1872.
1873.
38,875
9S,S30
341,104
2,029,927
41,467
39,211
..
381,112
373,519
......
208,977
207’911
204,196
37,514
96,693
372,974
162! 521
191,841
$36,840
..May..
465,517
141,550
.
112,275
82,682
340,791
49,107
49,773
Marietta & Cin.
154.587
82,385
98,057
85,306
107,790
107,236
116,206
10),633
91,948
66,632
74,242
$358,612
627,930
142,407
150,784
145,858
158,718
..April
87,619
$47,515 $320,022
55,000
49,440
$152,578
87,543
77,387
(391 mi.)
(132 in.)
56,169
(284 m.)
85,561
61.581
1872.
1873.
47,259
57,375
55,290
1872.
122,348
105.352
& I.
Clev. Col ,Cin.
1.873.
&Vii
52.104
-
98.8 SI
$61,363
^1,166 m.)
$852,860
$592,223
694.015
571,836
1872.
-1873.
1872.
4
„
(1,050 m.)
..Jan..
..Feb..
..Mar...
$86,854
601,314
...
(261 m.)
(261 in.)
$65,319
09,-44
69,315
(328 in.)
(328 in.)
$ SO, 59 4
69,814
1873.
1872.
Chlc.& N. western
Chicago & Alton.
r-Contral Pacific—v
nn-
1873.
1872.
1873.
1872.
324,210
420,250
431,845
372,397
393,234
Bur.,C. R. & M
Atlantic & Pac fic.
Atlantic & G. W.
PRINCIPAL RAILROADS.
OF
980,706
915 727
a
m
m
m
5t
[July 12
THE CHRONICLE
&!)c Commercial
8 3
Kxports of Leading Articles from New York,
tints.
(10loEER(¥AlTEPiT0ME
The
foilowingtable,compiledtromCustomHouse returns, shows
the exports of leading articles from the port of New York since
January 1, 1873, to all the principal foreign countries, and also the
totals for the last week, and since January 1. The last two lines
show total values, including the value of all other articles besides
Night, July 11,1873..
Business in merchandize lias been resumed since the holidays those mentioned in the table.
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of last week, with a good degree of spirit.
Cotton and coffee
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show some decline, but in nearly every other leading staple the
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volume of transactions have not only been liberal, but prices in
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There is, besides, such a return of
confidence in mercantile circles as promises well for the fall
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trade. Money is so easy as to favor speculation, while the move¬
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with us than at present.
The only conspicuous drawback is in
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Provisions have ruled firmer for hog products. Mess pork, soon
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as
August, in bbls.; cases on the spot quoted 22f@23£c.
Crude has
fairly active at 7£c. in bulk, closing with a good inquiry,
anjd quoted tor future delivery at 7$@8c. Naphtha quoted 10@
10£c. in bbls. Rosin has been fairly active, and closes firmer at
Spirits turpentine also firmer at 45c. Hides
$2 85@$2 95.
have been active and firm, the sales today aggregating 14,000.
Dry Buenos Ayres quoted 25@25£c, gold, and dry Texas 20@21.
currency. There has been a large movement in leather; 8ig!l0,000
sides are going forward to Great Britain, partly on dealers’ account,
and several thousand sides of common qualities have been so)d
for the Liverpool market. Oils have been dull, and menhaden
been
has declined to 45c.
Wool remains rather quiet in this market,
but the provincial markets are active for the new clip, at 36@42c,
and we notice 50,000 lbs new Ohio in this maiket at 48c@51c.
Tallow has been fairly active at 8£<3)8 7-16c for prime Western
and city. Whiskey has advanced to 93£@93£c.
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steady.
7s.
Petroleum on the spot hns been reported sold in the past week
as low as 17£c., but
the market has ruled about 17£c., and tlie
sales to-day were at 17£@17£c. for July, and 18c. for the middle of
■
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moderate extent, and have ruled
Smoked hams in tcs. have sold at 13£@13£c., and there
has been some revival of business in dry salted shoulders, which
have brought 7-fcc. Beef has been quiet for most of the export
descriptions, but in family grades there has been some business^
and $8 50 was paid for half barrels. Butter has be^n in mod¬
erate demand and steady.
Cheese has met with a good demand,
but latterly at lower prices, 12£c. being the highest price obtain¬
able from shippers. To day pork was lower and moderately active
at $17 37| for new mees on the spot, and $17 25 for July and for
.September. Lard was very dull, but sold to some extent at 9 5-16c.
for Western for September, and 9|c. for October.
Bacon sold at
9c. for long clear and long cut hams at 12£c.
Butter was steady
but cheese tending downward.
There has been more activity in Kentucky tobacco, the sales of
The week aggregating 1,500 hlids., of which 1,200 hhds. were for
export and 300 hhds. for home consumption. Prices have been
without decided change, but have rather favored buyers.
New
"crop lugs-6£@8c, and leaf 8i@14c.
In seed leaf the interruption
to business caused by the holidays has also been felt, and the
market has been dull.
Sales have been : Crop of 1870—100 cases
sundries. 8@9c. Crop of 1871—180 cases Wisconsin, private terms ;
and 100 cases sundries at 15cs!50c. Crop of 1872—200 cases Wis¬
consin, 6@6£c.
Spanish tobacco also quiet, the sales being only
300 bales Havana at 80@08c.
Freights were quite active early in the week, the number of
petroleum charters being unusually large, at very full rates. On
Wednesday the business embraced grain to Glasgow by steam,
12d., and to London by sail, lid.; and there were charters of two
vessels for grain, three vessels with naval stores, and twelve with
petroleum ; 8s. 10£d. paid for grain to Penarth Roads, and 9s. to
the continent; 6s. 9d. and 8s. 9d. paid for a vessel to arrive at
Wilmington and load rosin and spirits turpentine for the United
Kingdom or continent; 8s. 63. for refined petroleum to the Baltic ;
8s.@8s. 3d. for the same voyage, vessels to arrive, and 7s. 6d.@
8s. 6d. for the Mediterranean and Adriatic. Yesterday there was
less doing ; grain to Liverpool by sail at 10d., and to London by
the steamer of the 5th August 13d.
To-day the engagements em¬
braced grain to Liverpool at lOd. by sail and 12|d. by steam,
and to London lid. by sail.
A vessel to Penarth Roads with
grain at 8s. 9d., and two vessels to Cork for orders 8s. 9d.(a9s.,
the higher rate for small tonnage.
The petroleum charters
included vessels to the continent, between Havre and Hamburg,
at 6s. 10ijd.@7s. 3d., one to Stettin at 9s., and one to Liverpol at
t-d ©oo
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improvement in prices, transactions in prime Western being
made at 9 1-lGc. on the spot and for July, 9 l-16@9£c. for August,
and at a shade above 9 5-16c. for September. Bacon has been in
light supply, and has met with a moderate demand at some ad
vance; long clear has sold at 8£@9c., and short clear at 9|c
Other cut meats have sold to
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t*
July 12, ^73 j
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase ia
Imports of Leading Articles.
following taoLo, compiled from Custom House returns
snows tlie foreign imports of leading articles at this port since
Jan. 1, 1873, and for the same period of 1872 and 1871:
[The quantity ia given In packages when not otherwise specified.!
Tlie
Same
Since
Jan. 1
1873.
Since
Jan. 1.
1873.
Same
lime
1871.
time
1872,
Same
time
1871.
Same
time
1872.
9.237
31.026
Cotton, bates
Drugs, &c.—
Bark, Peruvian.
powders...
Brimstone, to
Cochineal....
Cream Tartar
Gambler
Gum, Arabic.
391.191
23,917
Hardware
Irou, UR bars..
1.372
358.162
5'4.oil
Lead, pigs
189,268
3.293
562.774
175.997
27,145
16.741
Spelter, lb®
556,1 3! Sugar, hhds., tcs.
797,099
& bins
4,120
1,323
19,413
18,291
18,924
1,837
22,363
13,936
16.337
15,616 Tea
10,952
36,6.0 Tobacco
827
1,136
29,738
2 543
4,324
2.091
26,033
30,576
405
815,793
759,333
603,215
759.513
20.779
795.511
791,130
38.7.'2
2,445
3,364
2,191
85,217
83,433
33,245
99,5^8
106,0 7
64,471
97.200
109,0)3
&
by value—
led
1 j>79 Corks
66,998 Fancy goods
o
Virginia
Other ports
771,004
481.831
1S4/58
200,04
184,910
331,793
189,421
114.S-5
115.290
20,.154
1.073
18 665
23.258
163,265
462,659
6,100
J3523 454
Tot*l last yoar
l
248/97 j 1187,6' 6
I 13'. '30
22,699
156 65 \
127,-09 ! 363.221
201,949
32, '4
16.212
31.145
5,9:5
2696,653
Stock.
203.970
50 099
i,k
l:
2,554
70: .109
242 318
:
,94»
5. 30
7,81:-;
19.461
103,861
79.443
502.7S9
500
12 914
52,654
00
5.6,2
38,406
1.798
6,32-4
399,413
5.672
27,369
200
1798,322
247.472
493,193 25°S,9S7 .'1399,973
2oi,;o(
1413^415 |
183,210 ! 314,443 11903,098 ! 1089.492
126.281
54,783 j 111,975
Total this year
|
10,S37
20.itv
the Exchange havingnight. Still the open¬
little being done, outsiders taking but slight
The week’s business opened on Monday,
been closed since the previous Wednesday
83,584
716.099
267. 24
417,593
.
00.9s6
ing was dull, very
interest in the contest which lias been in progress of late between
the two cliques in the market, prices being far above the export
1227,641 1,698,391' 1927/01
4*.621
50,2i4
63,788
19,372 Cigars
'925
51,344
45,3 4
27.406
462
33,154
36,619
boxes
Sugar,
bags
296,o52
360,519
602,284
187,191
701,578
151.3-5 : 104 070
12,0! 4 | 18.697
54,1*07
51,593
404 550 ! 270, .00
...
| Otliei
,
Britain.1 France.; For Vn.1 Total.
1371.
.
1225,2 >3 i 950,315
3'.5,996 ! 285,465
....
75.119
307.141
Ureal
New Orleans
Mobile
Charleston...
Savannah
Texas
STew York
Florida
No. Carolina
313,376
.90.; 19
U3,9»5
51 ,219
,157,2.'2
Coast¬
wise
Ports.
SEPT.I.
1»72.
2,670
351,698
4,71) Waste
’.,615 Wines, &c.—
3,801
Champag’e.bks.
Wines
2,111!
Wool, bales
Articles
reported
1,779
2,773
386
S3;
.
Opium.....
3,832
5,732
Indigo
Oil, Olive...
3,977
41909 9 7,158.21't
120.892
Steel
117,101
532.973) 585.122
Tin, boxes
Tin slabs, lbs.. 2931,614 4,0'.;.3cl
40.6-<3
71.470
65,2.6
10,514 Rags
6.397
3,233
5,298
2,337
2,731
Madder
O.ls, esseutial...
7.146
35,639
305,142
20,547
U.,727
3,163
3,761
8KPT.1 TO—.
EXPORTED SINCE
receipts
SINCE
PORTS.
Cutlery
9,789
China
Earthenware.... 28 703
311,318
Glass
21,612
Glassware
6.001
Glass plate
2,939
Buttons
26 535
Coal, tons.
18,711
Cocoa.bags
5.53.453
ColTee, bags
Blea
this week of 9,831 bales, while the stocks to-night ore
more than they were at this time a year ago.
Tlie
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to July 3, the latest mail dates.
the exports
71,291 bales
Metals.&c.—
China. Glass anil
Earthenware—
55
CHRONICLE1
THE
figures, while spiqners appeared to find little attraction in cotton
present rates with the goods market so unprofitable.
On
3.767
Furs
there
Wednesday
was more doing, quotations being reduced ^c.;
6i:.l'3
812.181
546,071.761
8,972
Gunny cloth..
but since then the old quietness has returned, the market being
161 29*2
531.519
645,-Tk
3,637
2,294
3,485 Raisins
Hair
8,684.073
7128.669
dull and prices merely nominal, but without further chnnge.
69,467 Hides undressed.
5,410^
71,377 115,515
Hemp, bales...
55 »,02*.
567,010
)33.098
Rice
Hides, &c.—
For future delivery there has been a very considerable decline,
916
1,012
Bristles
1,160 Spices, &c.—
336.112
182.914
477,081
11,206
Cassia
6,665
12,885
Hides, dressed..
principally, however, for the present crop. This has been due
52,612
45,281
23,310
31,813
27,254
23,183 Ginger
India rubber....
7(.‘
213
mainly to the very liberal and unexpected deliveries on July con¬
692
3.6
995
65,433
2,777
2,390 Pepper
Ivory
164.19
51,666 HO, JC5
tracts, disappointing the expectations of those who were operating
Saltpetre
Jewelry. &c.—
2,035
1,886
2,848 Woods—
Jewelry
for higher rates, on the basis of a corner wuich they supposed they
171 3’8
V4
687
S66
213,852
210,7/
Cork
Watches—...
27.69,
59.025
29,620 had effected.
30 7.294
There has been very little done for deliveries later
Fustic
3il,8o9 433,77!
Linseed
29 >,03'.
183,487
1 213,773
73,015
85,316
93,833 Logwood
Molasses
than October, and the leading business has been for August. The
80,501
65,881
] 57,465
Manogany
decline to-day was -£c. on August and ^c. for the other months,
Receipts of Domestic Produce for tlie Week and sine* except November and December, which closed about steady.
January 1.
After ’Change there was some recovery in the earlier months, the
The fGidipta of do:Q33tic produce have been as follows :
latest prices bulletined at the Cotton Exchange being for July,
20 1-10; August, 19$ ; September, 18£ ; October, 17f ; and Novem¬
Since
Same
This
Since
Same
This
Jan. 1. time ’72
week
week. -Jan. 1. time ’72.
ber and December, 17£.
The total sales of this description for
week
the
are
966
60,300
tree on board. For
bales,
including
PitCii
1,527
3
818
83
3,616
Ashes...pkgs.
103.610
76,987
8,373
Breadstufl's—
immediate delivery the total sales foot up this week 0,030
| Oil cake, pkgs
962
4.122
56.063 t.536.756 1,269,540 Oil, lard
Flour., bbls.
bales, including 100 tor export, 4,887 for consumption, 1,049 for
1 173
53,559
61,313
Wuear..bu9. 824 452 7.99!, 107 2,874,211) Peanuts, bags
613,951 7,410,965 17.137.133 Provisions—
Corn
speculation, and —in transit. Of the above 150 bales were384,176 295,077
Butter, pkgs.... 19,941
355,564 5,525.945 4,806.266
Oats
573,933 424,029
67,251
Cheese
313,331
227.600
82,100
to arrive.
The following are the closing quotations :
Ryfi
Soda sal.,..
Soda,ash ...
Flax
32 333
29,784 Fisli
‘25,368 Fruits, &c.—
Lemons
7,459
3.747
Oranges
Nuts
6,865
7,563
4A'3
4,566
—
at
321.062
496,750
1155.94 V I,2s7.6.5 1, '97.762
342,910
—
.
....
-
706,732
1,304,403
59
59,635
451
2< 897
95,293
‘23.1^ 1'
14,104
Barley, &c..
Grass sd.bgs
.-
Peas,bush..
C. meal.bbls
2,389
8i!o72
1.795
182.08:
Cotton.,bales.
36,529
497,661
Hemp. .bales.
35
3 349
5,493
123
380,577
6,379
43,391
1,402,059
No.
Hides
Hops, .bales.
Leather.sides
Molasses, hds,
Do.,
bbls
Naval Stores—
Cr.turp bbls
Snlrits
Rosin
Tar
*
353,999!
20
297.223
244
25,820
4,501
Rice, pkgs
4iU.tS7i Starch
6,0.8: S earine
388,i'92
291,503
284,063
289,6' 3
100 567
106 9:5
! 8.489
15,931
263,162
185
17 603
6,930
7,3.6
164,92.
48
10,4 ;7
171 Sugar, hhds
30,414 Tallow, pkgs..
Tobacco, pkgs....
5.221 Tobacco, hhds....
34.178 Whiskey, bbls....
....
1,051
3,74)
am
Florida.
5,128
3,189
l,76o
810,3271 Wool, bales
21,602' Dressed hogs. No.
....
14,014
7,318
164, .26
14,553
Ordinary
97.383
39.32!
93,312
80,218
22%®....
bales.
New Orleans
Mobile
Charleston
8avannah
Texas
2,806
201
7
310
4,322
1,226
1,099
3,195
784
1.762
1,113
...
493
Tennessee, &c
Florida
North Carolina
6,900
470
17
610
S68
9
5CU
Exp’t.
1,309
15,181
3,267
3,538,635
2,699,925
Total this week.
Total since Sept. 1
456
411
5'8
532
157
99,5
73
1,255
929
1,3*0
484
2,532
1,126
1,577
„
Virginia.
1,010
.
.
47
.
103
611
15,386
8,565
4,500.
New Orleans
Mobile
Charleston..
Savannah
Texas
New York...
Other porta..
4,279
•
•
•
•
•
•
•
„
,
„
„
8.2'6
105
....
#t.t
,
#
'
.
....
•
•
•
...
....
•
12,670
Total
Since Sept. 1 1,810.992
....
•
4,279
•
.
•
•
....
....
•
•
....
•
•
•
•
•
•
•
....
.
.
.
8,286
105
12,670
247,472
493,193
12,551.657
1,318
•
•
.
.
....
293
82
7S9
S57
2,839
1.910,937
1873.
43,608
12/63
7,832
6,267
18,047
80.922
26,000
195,584
....
1,000
600
20 9-82
3*2
■
%7?
.
KS.
L-te-otl
'
..riloli
1
j
3.S24
517
1
|
353
j
1
6 056,
1
M !il
ow
1
-
'rd’ry. Ord’ry. Mid IV; Cilf «»•_
ii
%
14%
800
...19 25-32
19 13 16
3,400
600
7Oil
100
1,800
3,400
1,300
1,200
20 7-16
600
20%
1,11k)
14
14
14,
day.l
21
21
18
20
,S
2»
17%
17%
17%
19%
19%
16%
....
...
20%
20%
<0%
....
....
19%
1,200.
19 5-16
....19%
19 7 16
19%
200
100
700
2.200
The
.
...20 1-10
.20 3-32
...
....
....
20 3-Lo
...20 9-32
....20 5-16
26,200 total Aug.
For September.
....13 1-1C
300
600....
.18%
...
100
300
300
.
....
ICO
18 3-.6
18%
100.
ILK)
100
...17%
For December.
6i0...
li 0
400..
17 13 16
17 27-32
100..
too.
17 13-16
1.300 total Nov.
For October.
17 9-16
500..
300..
11%
17 11-1)
700..
17 23-32
700..
2,300
17%
100
200
10,700 total Se;.t.
20%
2,1) 0...
IS 25-32
IS 13-16
—
20,%
..
13%
18%
501'..
200.
too..
20
....
18 17-0.’
IS 9-16
.
1,700..
1,200..
19%
18 1-32
...!S 1-16
For November.
200
17%.
100
17 7-16
*200
17%
200
17 9-16
200
17 23-32
1>%
300
cts.
100
100
6,3.0 total Oct.
2,100
...19 15-16
....
2ooi
1,500
For August.
100
19 3-! 6
.
..
bales.
cts.
13 5-'6
i3 11-.:>2
00
400
s0 )
700..
200.
900
20 16-32 \
14,510 total .July.
bales.
!>0U..
19%
19%
20 5-16
3i K)
li%
17%
17 y-16
300
ICO
17 11-16
100
17%
100
17%
17%
i7 15-16
..IS
..18
.
following exchanges have been made
1,3<K) total Dec.
during the wools :
to exchange 200 August for July.
The following will show the closing prices each day on the
basis of low middling uplands, for the several deliveries named:
15,384
1.M2
Fri.
W
A>%
Tue®.
20
20 7-16
©
2o »-S2
18 13-16
20%
ls%
*18%
13 i-32
17 23-32
Sat.
On
9pot
td
July
August... o
Sepiem...
6,113
5')4
989
83.101
•••
....
2,100
20 11-32
20 H
20 13-32
1,300..
1872.
•
1,049
....
3-16c. paid
124.293
...
...19 11- 6
8 0
7)0
200
4
16,000
14
too
20%
.<
8t0Ck.
Contin’t
....
<t*.
500.... * ...19 9-16
10t!
...19 19-32
20 1-32
29 1-16
.20%
.
France
....
781
218
4,8S7
l.’OJ
....
week of last season :
G. Brit.
19%®.
20%®....
22%®....
Pill
'
W.)
563
.,
bales,
20
00
;
for the week ending this evening reach a total of
12,670 bales, of which 12,670 were to Great Britain, none to
France, and none to rest of the Continent, while the stocks as
made np this evening, are now 195,584 bales.
Below are the
exports and stocks for the week, and also for the corresponding
July H.
36
299
339
100
2i0
;00
3,945.832 2,335,607 2,106,610 2.167,530
Total this Same w’k
1872.
week.
|'To:»l
i-.
.
2,953
....
....
3,00.1
The exports
Week endlnw
100
'
For July,
bales.
cts.
100
19 13-16
800
19%
19 15-16
200
'
Exported to—
1
delivery the sales (including
free on board)
during the week 00,300 bales (all low middling or
on the basis of low middling), and the. following is a statement of
the sales and prices :
769
128
18%®....
ill.
For forward
.:0
3,067
14
IV
have reached
110
75
.
769
527
...
Total
1,40)
4,610
uia’n
sura p.
(Holi day.).1
Friday
8H
22
69
14 ®....
:7 s' 'it
|
Tran-i
Spec-
-
Saturday
Monday
Tuesday
Wednesday
Thursday
1868.
2,643
730
-
1869.
....
SAl.Kb.
The details of
and for the corres1870.
1871.
1872.
1873.
Tex!).-,
Below we cive t.he sales of spot and transit cotton and price of
Uplands At this market each day of the past week :
September 1, 1872, of 838,710 bales.
Recelved this week at—
®....
17%/....
1"%®....
19%.
20%®:...
22% ity
20...
Middling
By special telegrams received to-nightfrom the Southern ports,
we are in possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, July 11. It
appears that the total receipts for the seven days have reached
15,181 bales against 12,428 bales last week, 17,686 bales the pre¬
vious week and 19,672 bales three weeks since, making the total
receipts since the first of September, 1872, 3,538,635 bales against
2,699,925 bales for the same period of 1871-72, showing an in¬
since
:
Cm-
receipts for this week (as per telegraph)
14
®...
17%
18%®....
1V*X 4V
Good Middling
Friday, P. M., July 11,1873.
the
11
lb
per
Good Ordinary
Strict G >od Ordinary
Low Middling
COTTON.
crease
Mobile.
.
4,682
23,135
140.279
36,607
103.528
31,308
681
27,154
S5.9:2
66,: 31
New
Orleans.
Cpland
245,534
558
1,640,339 Sugar, bbls
5,800
31.359
1,215
4.293
55
kags
Lard,
3.0251
22,615
turp.
6.704
60;
...
Beef, pkgs
Lard, pkgs.
102,370
....
» «
Eggs.
154,49o!
'
*
2,461
Cutmeats.
,
October...
Noveui....
Decem...
r
After ’Change.
si
s*
Mou.
20
....
11%
Wed.
Tbur®.
19%
19%
2* 5-'fi
20 3-32
2o %
19%
1*%
18%
17% '
17 9-16
l-%
«
17 .3-16
#
#
*17%
Fri.
19%
)9%
10 5 16
lr 1 16
17 9 16
IS
4,1
H
56
THE
1872.
[July 12, 1873.
CHRONICLE
<
during Britain the past week and 17,000 bales to the continent, while the
the past week has, as a general tliiog continued very favorable receipts at Bombay, during the same time 'have been 3,000
bales. The movement since the first of January is as follows.
for crop purposes.
Iti most sections they have had showers
These are the figures of W. Nicol & Co., of Bombay, and are
which were greatly needed, and consequently the plant has made
brought down to Thursday, July 10 :
.--Shipments since Jan.l to—»
r-Shipments this week to->
good progress, and the work of clearing the fields of weeds and
ConGreat
Great
Week’s
ConBritain
tinentl
Total.
Britain.
Total, receipts.
tinent.
grass has proceeded satisfactorily.
In New Orleans, it was
1873
0,000 17,000 23,000 025,000 189,000
814,000 3,000
showery one day. At Mobile they also had rain on one day the
6,000
6,000 572,000 230,000 802,000 5,000
early, part of the week, the latter part being clear and pleasant ;
14,000 5,000 19,000 590,000 282,000
878,000 11,000
Weather Reports
by
Telegraph.—The
weather
t
considerable tracts of laud have
been abandoned
on
account of
r
....
From the foregoing it would appear that compared with last
has been saved are pear there is an increase this year in the week’s shipments from
getting rid of the Bombay to all of Europe of 17,000 bales, and that the total move¬
ment since Jan. 1 shows an increase in shipments of 12,000 bales
grass. Our telegram from Selma reports but one light rain;
compared with the corresponding period of 1872.
weather is propitious and crop reports are improving.
There has
We also learn by our cable dispatch to-night that the wet sea-,
been rain on one day also at Macon ; crop is developing promis¬ son continues, and that the raiufall is well distributed and prom¬
ingly. At Columbus it has been warm and dry all the week. ises to be abundant.
Visible Supply of Cotton as Made up by Cable and Tele¬
Heavy showers of rain on Thursday and Friday are reported by
graph.—Below
we give our table of visible supply, as made up
our correspondent at
Augusta; he adds that they were much
by
cable
and
to night. The continental stocks and afloat
telegraph
At Charleston they had rain the latter part of the week,
needed.
are the figures of last Saturday, but the totals for Great Britain
the earlier portion being clear and pleasant; crop accounts are
are this Week’s returns, and consequently brought down to Tliurs
more favorable, as rapid progress is being made in clearing tlie
day evening; hence to make the "totals the complete figures for
fields of grass.. Rain is now wanted at Memphis : there has been tonight (July 11), we add the item of exports from the United
one
slight rain this week but not enough to do much good, the States, including in it the exports of Friday only for Great Britain,
but for the Continent the exports of the entire week.
balance of the week being pleasant; the rain is wanted for the
1872.
1873.
1871.
cotton lately cleared of grass.
At Nashville it has been warm Stock at
992,000
918,000
660,000
Liverpool
and dry all the week with the exception of one heavy shower,
Stock at London
80,060
180,000
234,000
the rains and grass, but reports from all that
better now, as good progress is being made in
,~...
from
accounts
less favorable.
Columbus,
Selma, 88.
90;
somewhat conflicting and rather
The thermometer at Memphis has averaged 8G ;
the
interior
Macon,
are
87;
Savannah, 85; Mobile, 80, and
-
Stock at Marseilles
dispatch from Washington has been published by the daily press»
purporting to have been issued from the Agricultural Bureau^
stating that their reports for June represent much wet weather
&c., but after making allowance for these unfavorable conditions,
it is believed by the Bureau that the large acreage plauted will
insure “ a crop this year at least equal to that of last year.”
This
dispatch was returned to Washington by Mr. Cliailes A. Easton
to determine who authorized it, and we have seen the answer to
him of the Commissioner of Agriculture, stating in substance
that no such information or opinion was issued from that cilice—
that the dispatch was wholly unauthorized.
TnE Situation.—Our readers
are
aware
that
during the past
going on in the cotton
market between the operators for higher and lower prices.
The
bulls hold a large number of conjracts for July aud August, and
believed that there was not enough deliverable cotton in the
country to fill them. To make the matter doubly sure they have
been shipping to Liverpool considerable lots—in fact it is said
they shipped all that was tendered to them. As 20£c. here is
equivalent to 10|-d. sold, including only ^d. freight and the usual
charges, the loss to the shipper is over $12 per bale, even presum¬
ing that our low middling will go middling there, which is doubt¬
ful. But however great the loss the bulls considered that it
would be more than made good to them in the higher prices they
would secure' on the maturing contracts they hold. These facts
becoming known to the b.ars they organized also; first, they re¬
solved to sell no more contracts for July or August unless they had or
could get the cotton against it; and second, they agreed to deliver
the cotton on all contracts sold for July, forcing the bulls to store
or ship, or sell and break the market.
Here was certainly a very
square fight, and which way the scales would turn appeared to
outsiders doubtful.
The improving crop reports, however, seem
to have given the advantage to the bears.
In view of them, all
legitimate demand for cotton ceased ; spinners did not want it at
the ruling prices, and shippers could do nothing in the face of our
higher rates. Hence there was plenty of cotton for delivery, and
it was turned in pretty freely ; in fact, street report says that one
of the contending parties is now crying “ hold, enough.”
Just
at this point appears a letter from Mr. B. F. Nourse, of Boston,
advising spinners, in view of the unsatisfactory condition of the
goods trade to shut up their mills, making tlieir summer vacation
a month longer than usual, and
intimating that they might sell
their present stock of cotton, as it seems to be in such demand in
New York, and buy it in at a very much lower rate later on.
a severe
contest
This letter has added another element of weakness to the market,
and altogether the situation at present is a little shaky.
As
Stock at
Hamburg
Stock at Bremen
86,000
547,500
624,000
1,651.500
430,000
1,850.000
522,000
81,000
40,000
124,293
10,466
1,500
56.500
;
Stock at Amsterdam
100,500
37,000
29,500
Stock at Rotterdam
Stock at
1,226.000
214,000
19,000
65,000
33,000
28,000
81,000
8,000
43,000
127,000
1,101,000
133,000
15,250
T..
51,750
33,000
Stock at Barcelona
Agricultural Bureau and the Crop Report.—This week a
few weeks there has been
Total Great Britain stock
Stock at Havre
Antwerp
.
Stock at other continental ports
Total continental stocks.
Total
European stocks
India cotton afloat for Europe
American cotton afloat for Europe
172.000
55,000
195,584
30,390
3,000
Egypt, Brazils, &c., afloat for Europe....
Slock in United States ports..;
Stock in United States interior
United States exports
ports
this week
740,06(1
73,000
16,000
50,000
11,000
59,000
52,000
11,000
16,000
100,oo0
V
388,000
1,128,060
773,000
232,000
50,000
176,199
17-107
2,000
Total visible
Of the
2,629,259
2,537,474
2,378,366
supply
above, the totals ot American and other descriptions are as follows:
American—
376,000
246,000
172,000
195,584
80,390
3,000
323,000
200,000
81,000
124,293
10,466
1,500
1,022,974
745,259
1,029,306
542,000
664,000
234,000
424,000
522,000
40,000
268,000
80,060
178,000
773,000
50,000
1,514,500
1,022,974
1,884,000
1,349,060
1,029,306
..bales. 2,537,474
6^d.
2,629,259
Liverpool stock
Continental stocks
American afloat to
Europe
United States stock
United SLutes interior stocks.
United States expoits
this week
Total American
bales.
East Indian.
Brazil, Ac
Liverpool stock
—
London stock
186,000
Continental stocks
India afloat for Europe
.%.
Egypt, Brazil, &c., afloat
Total East
•;
India, &c....
;
Total American
Total visible
Price Middling
.
392,000
210,000
232,000
176,199
17,107
2,000.
supply
301,500
430,000
55,000
•
745,259
2,378,366
S@9>£d.
10%d.
Uplands, Liverpool
These
figures indicate a decrease in the cotton in sight to¬
night of 91,785 bales as compared with the same date of 1872,
and an increase of 159,108 bales as compared with the correspond¬
ing date of 1871.
.
Movements
of
Cotton at TnE Interior Ports.—Below
we
give the movements of cotton at the interior ports—receipts and
shipment s for the week, and stock to-night and for the correspond¬
ing week of 1872:
r-Week ending July 11,1873—»
Receipts. Shipments. Stock.
Augusta.......
Weekending July 1*2, ’72->
Receipts. Shipments. Stock.
494
1,060
3,735
67
85
3,120
96
38
169
426
2,415
2,304
106
28
195
48
335
465
764
Columbus
Macon
legitimate trade, both in raw material and in goods, is suffering
from the effects of the present cornering operations, no outside
Montgomery...
47
191
2,267
17
86
sympathy is felt for the losing side. There is
little story, but we think we will defer it.
Selma
16
’ 107
601
11
51
104
Memphis
1,503
3.850
11,659
789
192
192
7,409
333
42
356
4,120
1,558
2,386
6,595
30,390
604
1,610
10,466
a
moral to
our
Nashville
Cotton Consumption in Great Britain.—We would call
the attention of our readers to an editorial on a previous page, in
reply to
a
June 7.
Bombay
criticism of the Liverpool Albion
upon our
article of
Shipments.—According to our cable dispatch received
to-day, there have been 0,000 bales shipped from Bombay to Great
The above totals show that the interior stockB have decreased dur¬
ing the week 4,015 bales, and
at the
more
same
period last
than the
same
year.
to-night 19,924 bales more than
The receipts have been 1,782 bales
are
week last year.
New York show an in¬
bales, against
crease since last week, the total reaching 8,283
6,229 bales last week. Below we give our usual table showing
the
exports-of c itto i from New York, and their direction
for each of the last foui weeks; also the total exports and direc
tion since September 1, 1872 ; and in the last column the total for
cottou this week from
The exports ot
period of the previous year :
the same
exports of Cotton (bales) from New
York: stuce Sept.l, 1812
,
ENDING
to
June
25.
6,389
9,666
Liverpool
Other British Ports
July
July
2.
9.
5,984
8,286
....
...r
9,666
5,984
•6,389
Total French.
865
Bremen and Hanover,
701
Hamburg
Other ports
....
100
Total to N.
-•
....
Spain, OportoA Gibraltar&c
All others
'
881
119
N.O&Tex7
•
49
1,000
18,383
5,380
4,6U7
349
•
•
8,324
1,141
•
....
—
....
....
31,404
6,870
2,74*1
1,196
2,741
1,14
....
....
...
....
Grand Total
11,332
....
....
....
333.224
511.015
8.286
6,229
6,433
following are the receipts of cotton at New York, Boston*
Philadelphia and Baltimore for the last week, and since September
1,1872:
*
The
beob’ts
prom-
This
week.
Since
I
/Sept
1.1
New Orleans..
Texas
Savannah
Mobile
Florida
S’th Carolina.
N’th Carolina.
1,307
116,726:
1,952
58,369,
1,311:
164,175!
l
1,4941
Virginia
5,299! 216,415/
•
•
•
156.4171
28,663!>
8,079;
224
2,102!
j
14,439,'
160.988’
8,547,1
72
Foreign
Total this year
This
week.
...
....
•
i
2,172
Tennessee, &c
909,873'
-
! This
Since
Sept. 1.
50,709
18,7261
41,094
week.
Sept.l.'
This
week.
123
3,638
182
.
.
.
5
17«
386
.
325,060'
-I
105
9,949
20.478
42,044
51
61,715
57,483 **
Brazilian...
2.200
Egyptian
5,450
81.090
31.330
180.860
41.720
16.020
5.300
50.860
297.760
.
37,610
3,520
19r>, 240
131,370
477.460
820
W\ Indian..
E. Indian..
Total.
...
The following statement
for the week and year, and
8ALE8, ETC., OP ALL
West Indian,
East Indian
Total
641!
51,1451
9,110
3,270
52,290
5,110
68,522!
This
week.
American
Brazilian
259
Egyptian
Smyrna & Gr’k
106,978
The Chron¬
last Friday, except Galveston, and the figures for that port
are the exports for two weeks back.
With regard to New
we include the manifests of all vessels cleared up to Wednesday
night of this week :
Total bales.
York,
Liverpool, per steamers Parthia, 483—City of P iris,
France, 1,433
Cuba, 352
City of
.Baltic, 1,062
Limerick, 806
Idaho, 2,573
per ship Lord Lyndhnrst. 967
New Orleans—To Liverpool, per ship Mataura, 3,530.. .per bark Galceran, 1,214
To Cork, per bark Harriet F. Hussey. 2.005.. .
Savannah—To Liverpool, per bark La Plata, 1,785 Upland..
New York—To
.
...
6.200
4,130
i
360
-1
960
260
To Cronstadt, per
ship Savannah, 4.700 Upland
Texas—To Liverpool, per
El wood, 1,495..
bark J. W. Bares, 1,407
per
schr. Adeline
8,286
4,744
2,005
1,785
4,700
To this
date
To this
date
1873.
1872.
25,796 1.245.467
238,506
10,878
1,652 167.596
particulars of these shipments,
89.300
4,850
128,649
23.680
533.740
168,463
220,549
742,770
Total
this
Same
Average
period
weekly sales
1872.
year.
995.440
162,780
140.680
7 350
49.890
985.950
434,780
171,440
10,910 1
f
51,630
658,080
This
Total.
1872.
1873.
1872.
34,.°90
6,060
5,630
29,510
12,840
5,640
1.690
1,700
11,600
12,010
58,870 61,700
-Stocks.—*
Same
Dec. 31,
date
1872.
1872.
%
day.
987,046
1,402,134
365.420
339,299
485,964
709,655
297,042
113,310
190.870
44
15.615
W. Indian
East Indian...
419
40,172
17,147
140.393
26,451
380,080
14.868
58.557
494.953
857,942
999,430
Total
65,240 2,087,436 2,209,880
3,414,313
168,492
63,570
25.880
78,770
44,210
10,350 ,l
on
24,120 1
266.940
367,600
883,160 1,011,030
421,050
of cotton in Liverpool 414 Per cenf i®
last year.' Of Indian cotton the
proportion is nearly 84 per cent, against 36 per cent.
London, June 28.—The cotton trade has been exceedingly quiet,
and prices show no important variation. Annexed are the particu¬
lars of imports, deliveries and stocks:
Of
the
present stock
American, against 3C4 per cent,
1872.
3 1871.
hoi
Imports, Jan. 1 to June
26
Deliveries
Stocks, June 26..
f2,902
arranged in our usual form
11,040
5,781
72.950
12.210
19.840
.
129,828
116,201
80,912
lS^
Vinloc
Vinlpfl.
264,029
192,512
231,901
117,103
172,06p
172,967
oq
BREADSTUFFS.
24,422
Total...
4.190
5.100 62.500 1-760,360 2,312,790
..
—
25.377
404,220
12,640
Imports.
/
800! 100,480
38,210
50
&c )
42,280
7.811
4.853
DESCRIPTIONS.
Sales this week.
,
Ex- SpeculaTrade
port tion. Total.
40
bales.
132,030
shows the sales and imports ot cotton
also the stocks on baud on Thursday
evening last:
14,083
icle
The
166,300
150
News.—The exports of cotton from the United States
the past week, as per latest mail returns, have reached 24,422
bales. So far as the Southern ports are concerned, these are the
520
bales.
85.290
....|
j
reported by telegraph, and published in
bales.
American...
220
Shipping
sameexnorts
bales.
1,097
1
761 i
1871,
bales.
Egyptian..
4,120
Smyrna & Greek j QOn
..
17,283 1
223
...J
112
1
1.702
374
Actual
from
Liv., Hull & other exp’tfrom
outports to date—,
U.K. in
1872.
1872,
1873,
^-Actual exp.
bales.
1,710
ll,ii9
11,662
(
to this date—.
the transactions on specula-
1872,
4,640
....
...j
81,385/
83.326,
23,105'
....
985 j
on spec,
1873,
1,580
....
•
<—Taken
American.. bales. 31,990
Brazilian
6,!50
■
132|
Since the commencement ol the year
tion and for export have been :
12%
12%
11%
10%
9%
9%
8 9-16
8
Sept.l.
...J
14,436
Mobile.... 7
(Since
17,098.
295
*
12.033
....
463
809
410
Since
....:
4,9631 709,284'| 2,411'273,200’
Total last year.
Ord.
BALTIMORE.
PHILADELP’IA
BOSTON.
NEW YORK.
North’rn Ports
Sea Island
Florida...
2,826
5.985
— Good & r-ISame date 1872—
g’d fair—.
Fine.—, Mid. Fair. Good.
16
19
22
24
30
42
21
30
44
14
17
19
20
22
..
22
28
84
G.Ord. L.Mid. Mid. G.Mid. Mid. F. Mid. G.Mid.
M.F.
7%
8 5-16 B%
9% 10
115-16 11%
12
7%
8%
8 15-16 9#
10
11%
1111-16 12
/—Fair &
Ord.& Mid—.
5,985
__
Total Spain, Ac
-
prices of middling
qualities of cotton, compared with those of last year:
Liverpool, June 28.—The following are the
Upland... 7
....
49
...
801
Europe.
245
....
of Juue 28,
correspondent in London, writing under the date
states:
324,158
....
Markets.—In reference to these markets
European Cot ton-
470 945
...
••
9
is dull but
Report—The market for yarns and fabrics at Manchester
quotably lower.
321,332
245
865
ports
8,286
Fri.
834®....
8%®....
9 ®
Trade
not
469,438
1,507
/
8%®.
8%® ..
9%®.... 9)4®.:.
..
the week:
Thnrs.
Wed.
Tues.
Mon.
Price Mid. Upl’ds. 8%®.... 8%®....
.
^
„w.~,
Orleans. a%®.
9%@..-..
prev.
year.
date.
table will show the daily closing prices of cotton for
Sat.
*
Total to Gt. Britain
Havre
Other French
Same
time
Total
EXPORTED TO
June
18.
The following
our
■
WEEK
t
CHkONICLE.
THE
July 12, 1873.]
Friday P. M..
July 11. 1873.
there has been a better tone to the flour
upward tendency to prices. The greatest im¬
8,286
8,286
New York
provement has been in shipping extras, but other lower grades
6,749
2,005
4,744
New Orleans
6,485 have shared in the advance, and baker’s brands have been taken
4,700
Savannah
2.902
2,902
Texas
more freely by the trade.
On Wednesday a line of 2,000 bbls.
extra
Western
sold
for
arrival
at $6 25, and on Thursday 3,000
4,7uO
24,422
2,005
17,717
Total
barrels brought $6 50. But the close of the market on the latter
Gold, Exchange and Freights.—Gold has fluctuated the
day was quiet, with some irregularity in the prices paid. Receipt®
past week between 1154 and 1164. and the close was 116.
have been comparatively light, but the 'check to the advance in
The following were
Foreign Exchange market ,is strong.
the last quotations:
London banker*', long, 109|@1094; short wheat is felt in the flour market at the close. To-day, the market
1104^1104, and Commercial, 108f@109£.
Freights closed at was quiet, but holders were firm.
|d.(®7-16d. by steam and 5-16d.@|d. by sail to Liverpool, lc.
Wheat, after having broken down to $1 42 for No. 2 Milwau¬
gold by steam and lc. by sail to Havre, and lc. by steam to
kee early in the week, recovered in the course of Tuesday and
Hamburg.
Wednesday to $1 43@1 44, with considerable activity for export,
By Telegraph from Liverpool.—
Liverpool, July 11.—5 P. M.—The market opened quiet nnd steady and including No. 2 Chicago and Northwest at $1 38@1 42, No. 3
closed dull and depressed to-day, with sales footing up 12,000 bales, including
spring at $1 31@1 35, inferior and rejected do. $1 20(5)1 27, No.
2,000 bales for export and speculation. The sales of the week have been 7u,000
bales, of which 5,000 bales were taken for export and 3,000 bales (on specu¬ spring at $1 48®1 51.
Winter, wheats have remained quiet,
lation. The stock in port is 918,000 bales, of which 376.000 bales are Ameri¬
meeting
some
inquiry at the close. The receipts
although
with
can.
The stock of cotton at sea, bound to .this port is 459,000 bales, of
which 115,000 bales are American.
at the West have fallen off somewhat.
A telegram from Chicago,
July 11.
June 27.
July 4.
June 20.
July 9, says: “The telegraphic crop reports from numerous
70,000
63,000
62,000
Total sales
5,000
points in Illinois and Iowa, covering the greater part of these
7,000
5,000
10,000
Sales for export
3,000
4,000
5,000
Sales on speculation
6,000
States, show that while recent severe rain-storms have considera¬
918,000
917,000
883,000
Total stock
878,000
376,000
365.000
390,000
bly
Stock of American./..
damaged the wheat crop, particularly in localities where it
399,000
518.000
459,000
569,000
Total afloat
585,000
was just
fully an average
115,000
ready to harvest, there will
160,000
130,000
168.Q00
American afloat
are as
follows:
Liverpool.
Cork.
Cronstadt.
Total.
For the
past few days
market, and an
....
1
•
,
\
...
...
...
...
..
...
crop.'*
58
Yesterday tlie market was easier, No. 2 Milwaukee selling at
$1 43@1 43J. To-day tlie arrivals were light, and the demand
quite urgent. Several boat-loads of No. 2 Milwaukee sold at
$1 45@1 48, after some early sales at $1 43.
Indian corn has been steadily improving.
The receipts have
been in better condition, so that a portion could be shipped by
sail vessels.
The local trade has also been moderate.
has also been
some
[July 12, 1878.
CHRONICLE.
THE
Previous week
Week June 21, ’73.....
Week June 14, ’78
Week June 7, ’73
200,960 1,076,773
206,190 1,316,621
225.997 1,695,801
201,374 1,965,262
Corresp’g. week, ’72.. 113,421
438,278
Total Jan. 1 to date ..4,465,547 12,654,827
Do. same time 1872...3,906,688 4,930,435
Do same time 1871.. 3,910,056 13,073,751
There
falling off in receipts at the Western markets-
great extent a failure, owing to the drought and the low
temperature of the season thus far. Large sales of new mixed
were made in the range of 54@60c.
Many fields in the Western
part of this State have been abandoned to pasturage. Accounts
from the West and South are quite favorable to the growing crop.
a
To-day there was
decided change, and not much doing.
Oats have been active, and prices advancing in the past few
days. Boat loads of No. 2 Chicago sold, yesterday, at 44£®44§c
against 44@44£c on Wednesday, and 4<f|c on Tuesday. To-day,
the market was easier, and No. 2 Chicago sold at 44c.
Rye hae
Wheat,
In store at Albany.
14,500
111,263
723,717
580,000
9,121
277,002
In store at Milwaukee*.
In store at Duluth......
In store at Detroit.
9,000
312,197
-
3,666,347
157,000
....
5,436.351
June 14, ’7J
June 7, ’7c
Grain.
July 6, ’72
5,524,692
6,002,435
4,998,643
8,592 '
49,iso
•
-
....
3,520
4,124
15,000
35,180
15,000
234,106
348,346
375,053
134,769 150
6,530
5,459
3.959
23,023
34,339
65,000
373,552
150,000
160,000
40,000
757,925
180,352
1,372,226
bush.
524,028
25,000
170,000
5,348,459
5,524,824
...
595,663
48,805
339 581
Barley.
562,927
49,000
94,858
1,053.098
245,000
1,158,374
68,900
150,000
102,351
67,255
116.06S
In store at
Oats,
bush.
bush.
268,198
pea’s have been more active at 90@92c., in bond.
The following are closing quotations :
Flour.
Corn,
-
bnsh.
Canada
Wheat—No.2 spring,bush.$1 43® 1
Superfine State and West¬
ern
No. 1 spring
$ bbi. $5 00® 5 50
1 52® 1
Extra State, &c.
Red Western
6 25® 6 60
1 50® 1
Western Spring Wheat
Amber do
1 60® 1
26,156
74,321
51,144
11.975
6,082
785,596
1,591,853
490,421
6,150
1,959,001
75,549
599.794
2,866,054
10.975
4,400
20,615,647 11,629.516 1,096,455 367,313
37,292,700 10,556.493 1,276,570 356,916
527,797 138,798
19,163,713 5,938,551
no
declined to 78@80c for Western, with a limited business.
4.000
975,432
962,356
1,768,068
The Visible Supply of Grain, including stocks in store at
tbo principal points of accumulation at lake and seaboard ports,
in transit by rail, and frozen in New York canals, July 5,1873:
This staple has also been strengthened by the probability that
the growing Crop in the Northern and Northeastern States, will
be to
1,466,989
8,000
.
m
.
.
20,000
768.177
439,575
432,601
523,932
559,588
.
.
4,875
146,478
....
9.048,507
4,032,559
9,246,088 4,557,300
9,399,333 4 448,149
8.560,464 4,430,848
8,713,753 4,437,850
11,169,482 6,802,689
109,029
162,738
168,790
196,982
219,394
283,792
♦Estimated.
..
extras
6
6
do double extras
do winter wheat extras
and double extras
00®10 25
6 75® 7 00
..
brands
Southern bakers’ and fa
8
mily brands. '
Southern shipp’g extras..
Rye'flour, superfine.. ...
Cornmeal—Western, Ac.
9 25® 10
7 50® 8
4 50® 5
3 10® 3
3 60® 3
Corn meal—Br’wine, &c.
Southern, white
Rye—State and Canada
00®10 00
50
50
25
40
75
1
Corn-Western mixed,new
White Western
Yellow Western
7
City shipping extras.
City trade and family
*
White
00® 6 50
75® 8 25
56,068 1,586,756
1,795
132,081
Wheat, ous. 824,952 7,992,107
.
....®
®
Canada West
...„
613,954 7,470,965
Corn,
“
348,381
83,100
Rye,
“
14,104
Barley,&c..
706,782
Oats
355,568 5,526,945
.
.
The
as
,
1872.
For the
Since
week.
Jan. 1
18.685
469,338
3.0 12
96.554
,
102,370
1,763
95,253
2,874,234 595,743 6,378,142 185,293 4,241,212
17,187,193 272,293 6,527.554 1,044,321 12,309,283
199.677
227,600
8,154
25,301
384,817
1,304,408
40,040
22,659
333
4,806,266
17,441
85
18,485
Breadstuffs to the latest mail dates
RECEIPTS AT LAKE AND RIVER PORTS
JULY
5.
AND FROM AUO.
Flour, Wheat
bbls.
bush.
(196 lbs.) (60 lbs.)
Chicago....
375,139
2.100
93,765
12.414
3,900
143,687
112,947
1,254,072 1,428.746
1,588.347 1.864,561
2,264.606
454,477
964,004
1,759.574
794.905
808,718
14,281
67,374
15,715
2,100
16,680
3,300
104,723
5,023
Cleveland
3,888*
St, Louis
Duluth
Total
92.174
Previous week
..
Corresp’Lg“week,’72.
“
“
122.931
50,303
Barley
Rye,
.
bush.
bush.
(56 lbs.) (32 lbs.) (481bs.) (56 lbs.)
889,830
529,469
1,985
20.763
42,710
10,490
1,230
3,720
7,500
359,621
279,434
28,000
....
959
3,215
9,904
7,013
7,162
53,442
34,264
14,082
’71.
’70.
84,454
70,523
’69.
712,018
572,370
51.035
252,855
801.755
376.591
12,901
16,989
177.258
767
5.247
24,082
,886
,788
,512
,321
*
Estimated.
Shipments of Flour and Grain from the
ports of Chicago
Milwaukee, Toledo, Detroit, Cleveland, St. Louis and Duluth
for the week ending July 5, 1873,
and from January 1 to
J uly
5
:
Weekending—
July 5, 1873
June 28. 1873
Corresp’ng week 1872
CorreeD’g week 1871.
Corresp’g week 1870.
Corresp’g
week 1869 .
Total Jan.
to
Flour,
Wheat,
Corn,
bbls.
bush.
bush.
90,099
938,297 1,292,109
145,115 1,408.185 1.570.634
57,267
70X508 1.431,523
91,388
515.782 1,910,149
54,552
701.696
727,890
78,581
965,659
483,471
Oats,
bush.
872.176
1,112,820
Barley,
4.224
208,276
2,700
11,060
558,444
230,027
3,200,482
Rye
bnsh.
4.875
6,661
539,121
date. 3,031,024 17,029,989 19,214,099
10.632,016
Same time 1872....
1,930,336 6,280,861 30.089,250 8,295,779
Same time 1871
1,951,755 13,816.812 23,580,300 4,304.536
Same time 1870...1,960,557 15,030.604 9,250.405
1
bush
37.864
110,321
31,311
6,470
6,707
475
960,830
362,499
7,109
611,842
573,680
266,734
393,367
280,664
1,528.739
RECEIPTS DF FLOUR AND GRAIN AT SEABOARD PORTS
FOR THE
*
‘
'
WEEK ENDING
At
New York
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Total
JULY
Flour,
bbls.
AND
Wheat,
1
FROM JAN.
TO JULY
bush.
Corn,
Oats,
bush.
bush.
788,710
625,918
50.332
82,915
286,213
105,060
1,500
in non
81,017
500
25,800
106,600
133,00(1
9,000
169,370
16,254
67,266
1,174,788
1,146,024
612,973
5.
Barley,
bush.
2,271
1,400
a.
299,446
69,709
character
a
worn
ofi
denoting
more
activity in the distri¬
butive trade.
Sugars were drooping early in the week, but have
improved toward the close, and are quotably better. Tea has also
shown
some
invoices.
call
for
remains
indications of
Molasses has
trade
improving, and there is
sold well in the
more
call for
boiling grades, but the
qualities is rather slack.
Coffee is quiet, but
nominally steady at about previous rates.
TEA.
past week has been a trifle more active in a jobbing way
The improved sales are largely in Oolongs, which
have been dragging for a long time past, but now show signs of returning
activity. There has been no quotable improvement in prices, but the transac¬
tions are at full figures and help to sustain values. Japans have not sold very
freely and fail to show any improvement, although the former quotations are
fully maintained. The transactions in Greens have not been heavy, but it is
reported that some of the sales made during the week indicate a better feel¬
ing, and that some of the better grades have,sold at actuary better prices than
ruled a few weeks earlier. Improved prices have not become so much the rule,
however, that quotations can be advanced, and we repeat eur previous range.
The sales of invoices since our last have included 1,500 half chests
Oolongs,
3,000 do. Greens, and 800 do. Japans.
as
FOR THE WEEK ENDING
TO JULY 5.
OatB.
bush.
497,320
550,160
move
:
Corn.
bush.
37,802
19,836
7,994
Milwaukee
Toledo
Detroit
1
of
are
holidays of last week have
The market for the
following tables show the Grain in sight and the
ment of
the sales
90®. 1 25
follows
-EXPORTS PROM NEW YORK.
-1873.
For the
Since
week.
Jan. 1.
31 9S1
658,429
July 11, 1873.
improvement in the call for groceries, and
some
...
Peas—Canada
1,269.540
there has been
49®-
'
The movement inbreadstuffs at this market has been
Flour, bbla.
D. meal, “
Since the effects of the
433^®
Barley—Western...
-1873.
Same
For the
Since time Jan.
week.
Jan. 1.
1, 1972.
Friday Evening,
.
Chicago mixed
White Western, &c
-RECEIPTS AT NEW YORK.
GROCERIES.
.
Western
Oats—New Black
,
60® 1
54®
66®
60®
@
®
78®
42®
Bye,
bush.
67,599
1,200
3,125
•
6,796
7,500
500
767799
well
as
from first hands.
There have been
no importations since last report.
following table shows the imports of Tea into the United States
from January 1 to date, in 1873 and 1872:
The
Atlantic ports,
Atlantic ports,
1873...lbs.
1872
BlacK.
Green.
12.690.590
12.806,177
13,566,853
11,948,795
Japan.
Total.
9,275,783
7,042,644
54,772.550
32,556,293
The indirect
receipts at New York, principally overland receipts from San
Francisco, have been 49;801 pkgs. since January 1. against 91,271 last year.
Imports at San Francisco from Jan. 1 to June 16, were 469,195 lbs. of China,
1,239,245 lbs. of Japan and 200 lbs. of Java tea.
COFFEE.
The market for the last few
days has been in a not very buoyant condition,
although holders of most grades have demanded pretty full rates. Buyers
have shown an inclination to hold off as much as possible and restrict their
purchases to actual requirements, yet the sales from first hands have
aggregated a pretty full amount. The feeling in Rios especially is irregular,
and it is doubtful what the future
course
of the market will be.
The feeling
the India grades is not buoyant, but the market is steady wilb small
supplies of all descriptions excepting Maracaibo, the recent arrivals of which
have swelled the stock to something more than 10,000
bags. Prices remain as
last quoted, with a moderate call for pale grades, but no animation. The sales
include 3,900 bags Rio, ex “Triton
2,970 do, ex “Zingara
500, ex “Merri¬
mack
4,500 ex “ N. H. Kniidtzer;” 6,000 ex “ Contest4,000 ex “fitania
2,842 bags Maracaibo, 1,372 Costa Rica, 288 Savanilla, and 192 Jamaica, sold in
lots to consumption.
Imports were 3,865 bags Santos, per “Venus;’’ 3,828 do. Maracaibo, per
“
Allemaunia,’’ 3,450 do. do, per “C. II. Eaton,” and 1,788 do. sundries.
upon
The stock of Rio
July 10, and the imports since Jan, 1,1873,
New
In Bags.
Stock
Same date 1872,
Imports
“
York.
....
In 1372
79,291
83,746
846.721
800,167
^
Phil a-
delplila.
....
...
3,000
4.012
BaltiNew
more. Orleans.
82,602
4,000
24.000
179.940
89,613
185,264
59.5*7
....
Mobile,
&c.
.
..
5,700
21,609
29,817
are as
follows:
Galvestnn.
Total
7,000
113.893
113,446
....
24,392
8,213
.
66V275
587,089
Of other sorts the stock at New York.
July 10, and the imports at the seveiaj
ports since January 1,1873, were W follows:
July 12,1873 J
Boston. Phlladel. Balt. N. Orle’s.
import. import. import. import. Import
•61.646
”30,055
**
r-NewYork-.
stock.
In bags.
java and Singapore
....
5,851
50.626
52,776
Ceylon...
Maracaibo
-
-
-
*
game time,
*
•
.
•
r
18,550
43,766
8,612
3.871
245,294
87,538
•
•
•
•
„
t,
.
1.0S2
19.S17
1.089
•
•
•
•
•
.
.
Cassia, In cases...gold 1? lb. 25X@
Cassia, lu mats
do
....@
10 @
Ginger, liace and Af (gold)
Mace
do ;i 20 @1
95 @
Nutmegs, casks
95 @
do
case Penang
rt
p-pr
®
B
’O'O
o o
,
23
541
Raisins,Seealess, nw V frail,
do
Layer, new, $ box.
do
Sultana, V lb
io
Valencia,
tb
do
Loose Muscatels....2
Currants, new
D* lb.
Citron, Leghorn (new)
Prunes, French
Prunes, Turkish
mats.
SUGAR.
The market for raw sugars
the week trade began
opened dull, but early in
and the transactions aggregate a considerable amount. Refiners
have been running short of stock ; and with barely enough refined sugar on
hand to supply the demand, there has been more pressure to fill up with raw
grades for refining. The sales have been principally of Cuba hhds.,
have ruled very strong throughout the week, and the sales have been princi¬
pally upon a basis of 7*£@7%c. On Thursday the market stiffened under the
to improve,
Dates
demand, and there was a
liberal business at an advance of
Xc. per
pound on all refining grades. This improvement is maintained at the close^
with a fair business in progress. There has been a good inquiry for refined
goods, and stocks have been well cleared out. The result has been a strength¬
ening of values with quotations a shade better. The sales of raws have been
7,554 hhds. Cuba at 7>£@8c.; 1,128 hhds. Centrifugal, 8@.9)£c.; 6,773 boxes do.,
625 hhds. Porto Rico, 8^c.; 482 boxes Havana, 91 hhds. Martinique,
and stock in first hands
Imports at New York
Cuba. P. Rico.
*hhd8. *hlids.
Cuba.
bx8.
imports
this week'..
“
“
15,433
5.926
,
F474
since Jan. 1. 202,921
212.210
20,611
time,’72 233,363
210.234
20.303
same
57.742
stock In first hands.
Same time 1872
1871
86,826
....
....
Filberts,Sicily
Barcelona
13
Walnuts’ Bordeaux
25 @2 49
....@
6
S6Mtf 37
10 (it 15
10
11Y
7 @
714
59
20
13
@
103.151
232,888
91.323
255.125
71,910
considerable activity in the
3i“
do
I
do
do
do
I
I
unpared, qrs&hive
Blackberries
Cherries pitted.
1
IPecanNuts
Hickory Nuts.......V
since Jan. I
time 1872
“
same
3l”
5
“
“
c
bbls.
12,213
1.6S5
S.foi
13,113
1,190
9,105
24,275
25,7.4
1,803
Imports of Sugar Sc
4.6S6
New York
Boston
....
■■
■
—
■
,—Boxes.—,
1873.
1872.
202.'J4i. 288.3‘>4
5.13 a
17.574
3,129
3,017
6,5C0
since Jan. 1.
and of Molasses at the leading ports
follows;
Sugar.
—»
>—Mo lasses.
19,159
26,619
37.122
New Orleans...
44.791
t Includes baskets, &c.,
71,172
19.107
5,430
82,590
82,920
40,422
-*
,—*Hnds.
, ,
tBags.
* - ,
>*Hhds.—<
1873.
1872.
1873.
1872.
1873.
1872.
341,402 239,177 584.671 514,421
86,920
79.396
42,632
56.153 947,518 655.830
89 519
84.736
26,585 49,926
6,656 89,321
14.(30
33,060 16,520
4.680
8,400
....
4,587
Total........ 286,054
352,645 515,830 459,185 1,534,575 1,209,937 224.560
» Fnciudlngtlercos and barrels reduced to hhds,
Philadelphia... 15.2 '2
Baltimore
36,162
.
2,542
809
Molasses at leading ports
The imports of sugar (including Melado),
from January 1, 1873, to date, have been as
r-
July 10, were as follows :
N.O.
3,135
4,135
222,143
reduced.
WHOLESALE
PRICES CURRENT.
Tea.
Hyson Sk. & Tw. C. to fair,
do
do
8up.tofine.
do
do
Kx.i.totin’st
Uncol. Japan, Com. to tnir..
do
Sup’r to fine...
do
Ex. f. to finest.
30 @ 45
50 @ 65
Ex. flne'to finest.... 70 @ 80
do
roung Hyson, Com. to fair. 26 @ 35
Lyson, Common to fair
do
Superior to fine....
do
do
@ 60
75 @1 00
Super, to fine. 42
Ex. fine to finest
Oolong, Common to lair....
do
Superior to fine....
lunpowder Com tofair.... 45 @ 55
do
Sup. to fine.. 65 @ 80
do Ex. fine to finest.. 90 @1
mperlal, Com. to fair....
83 @ 50
do
Ex fine to finest....
Souc. & Cong., Com. to fair,
do 7
Sup’r to fine,
Ex. r. to finest.
do
„
do
do
Sun. to fine
Extra fine to finest
55 @ 70
75 @ 90
Coffee.
Klo Prime
do good
do fair.....
do ordinary
Java, mats and
gold. 19 @19M l Native
bags
Java mats, brrwi
Ceylon
Maracaibo
gold. 18^@18Y I
gold. 18@18K
gold. 17H@17,\'
gold. 21 @23 I
gold. 22>4@22K 1
Laguayra
St Domingo
Jamaica.
Mocha
.....
do
do
do
do
Io
Io
pr. to choice grocery... 8M@
centrifugal,hhdB. & dxs. 8K&
*4 @
Melado
molasses
8%
2*
Hav’a, Box,D. S. Nos. 7 to 9.., 7 @
do
do
do 10to 12..--7H9 8%
do
do
do 13 to 15.. 8^@ 9M
do
do
do 16to 18..
9M
do •
do
do 19 to 20.. !0>$®10X
V gall.
55 @82
35
@60
80
@32
Brazil,hags.....
Manila, hags
White Sugars, A
do
B
do
do
do
extra C
6^@ 8
8^@ 9
7&
7 @ 7V
10M@U>M
9%@10
9%@ 93f
Yellow sugars
Crushed.
Powdered
Granulated
10^@10V
3 @ 9*
....@10^
....@103*'
l
Cuba Clayed
Cuba centrifugal,
English Islands..
.29
18
@31
@22
.25
@50
do
do
Wll.,g’dto belt do.,
d, gold iatond 2*@
@1 *0
50
75 fed 65
,120
ao new
....
....
«. .
1
TRADE.
yet fully
July 11, 1873.
recovered from the effects of
3 ICarollua,,..
give a very
that the spring season of 1873 was almost unpre'
cedentedly unremunerative. An occasional house may be able to
show a small profit, but there are very few which are not losers
discloses the fact
the trade have
by the season’s business, and it is remarkable that
weathered the season without serious failures. The outlook for
the fall is not very flattering as yet, but there are hopeful indi¬
cations, and, upon the whole, dealers have reason to look
to a more satisfactory season than the last.
Prices will, in all
forward
probability, rule low, but a
profits are small.
Cotton
Domestic
good trade will be
acceptable even if
quiet since
very little variation in prices. The clos¬
Goods.—The market has been
has shown
last, and
our
end, for the present,
for brown
is steadier
than when we last wrote.
Some makes of goods which had been
depressed by jobbers, have recovered and are now held at figures
ing of the summer business having put an
to the cutting of prices in second hands, the market
and bleached goods has rather stiffened up a trifle and
a
fraction above our
however,
quoted.
last
last quotations.
These instances are rare,
being about the same as
the range, for the most part,
Colored cottons are dull and exhibit no changes
The demand for printing cloths has been
worthy of note.
little
quiet; the quotations for 61s is 6^c. There has been very
doing in prints, but the fall styles of most of the manufacture! s
have been opened and 11c. is the established price. Other cotton
fabrics exhibit no notable features and are extremely dull.
Domestic Woolen Goods.—There has been a fair trade in
the heavier descriptions of woolens during the latter part of the
week, although the market lias not fully recovered as yet from
the effect of two holidays.
Jobbers are beginning to look around
and
been on a very
7*0 9X
fully established, the tendency still being
of buyers. Carpets are selling slowly, and rule
prices are not
rather in favor
easy.
Foreign
Goods.—Some fall goods are arriving,
hut the
far below those of this time
feature, and it is to be hoped
importations will he the rule throughout the season.
The stocks held over from the spring are very large, and there is
in the market a large supply of foreign fabrics, many of
which are adapted to the fall sales. British goods are scarce on
the other side, but continental fabrics are very plentiful and*will
importations are still light and run
This is an encouraging
last year.
that light
now
be
low.
likely to rule
We annex a
Rice.
Rangoon dree
—@
purchasing their fall stocks, but as yet their opera¬
restricted scale. The demand from
clothiers is fair, and the prospects for the distributive trade are
such as to encourage agents to look for a good season, although
19 ft20
16^S20 it is not probable that prices will be much more satisfactory than
19 (< 20
17 (317^ at present. The sale of flannels has not begun with any activity,
imolaMMeii.
NewOrleani new
Porto Rico
Cuba Muscovado
@
®
...
do
which has just been'made
profitable showing, but on the other hand
tions have
gold.
gold.
..gold.
..gold.
gold. 19 @20
gold
@....
white
Porto Rico, refining grades
do
grocery grades.
Havana, Box,
refining.... 6K® 7X
refining.... 73i@ 8
prime
8M@—
fair to good grocery.... 8M@ 8%
7fc
Peanuts,Va,e’dtotnoy oil 1 10
29
12
preparatory to
Sugar.
Cuba, Inf. to com.
fair to good
* do
6 <3
10 @
Q
Other
531
.
@
5
6X
5M
4>4
6
8),'
their
*hkds
same
“
8X@
*
10,471 jobbers’ stocks. Retailers have had a fair season, and
5.‘ 66 stocks 8re pretty well run down, but their assortments are gener¬
11,551
ally sufficiently complete to enable them to supply the demands
of their customers without recourse to jobbers, and the latter are
•hhds.
time ;72 4.547
6.547
same time’7?1
Stock In first hands
6 @
5 @
much
Demerara,
P. Rico,
•lihds.
156
63,512
.
11
the
refining grades of molasses
York, and stock in first hands
1.560
V lb
Friday, P.M.,
78<&34c.
.
10
@
17 @ 18
bush.
Chestnuts
does not
Imports
thisweek
“
V lb.
I Peaches, pared
quotable range is not essentially altered. The transactions hove reduced the
supply of Cuba molasses to 531 hhds., including grocery grades. There is a
stock of 1,803 hhds. Porto Rico, reported in first hands, and considerable
boiling stock has been taken out during the week. The remaining supply is
chiefly grocery, as is the 2,542 hhds. of English Islands now in the market. The
call for trade qualities is limited, and the supply of domestic remains at 8C0
bbls., with quotations for choice a shade better. Syrups are quiet and
unchanged. The sales are 157 hhds., 5 tcs. Cuba at 28X9.; 1,176 hhds, 106 tcs.
Cardena3, and 522 hhds., 20 tcs. Sagua, 28c.; 200 bbls. New Orleans, in lots,
Cuba,
8
10 @
sliced
Mestern
Southern, quarters
sliced
siloed, fancy
...
do
do
19
18 M
13
12
12M@
@
Apples, State
|
moving very few goods.
The semi-annual accounting of stock
*hhds.
16
DOMKSTICJ DRIED FRUITS.
during the past week, though the market has ruled rather in favor of buyers,
and the sales effected have been at prices a shade below previous figures. The
The receipts at New
....@
l:iM@
Macaroni, Italian
THE DRY GOODS
The market lias not as
11V
6 @
do
@
ISM®
19 @ 20
11
and Nuts.
4 00 1
8
8M©
(gold) ....@
& Singapore
Pimento, Jamaica... (gold)
do
in bond.....’ do
Clov ti8
do
do
in bond ... do
do
Clove strum
1 95@
12M@
Suma ra
ao
25
1\M
25
97X
holidays of last week, and the volume of trade has not assumed
Other. Brazil.Manila.&c.Melado
larger proportions than were noted in our last review. The
*hhds bags.
tbags.
hhds.
trade in summer fabrics is, of course, pretty well over for this
697
...
2,553
26.514 177,973
556,698 3 52,067
24,105 season, and the current sales make very slight inroads upon
34,532 82,919
431,508
MOLASSES.
There has been
.7
8 75®
ISM'<4
do
Ivica
@
do
Sicily, soft shell..
@
do
Shelled, Sicily...
@
do
paper shell ....
@
Sardines..
* hi. box.
&
•ardinas.
4 qr box.
<3
Brazil Nils, new
@
Atrican Peanuts
July 10, were as follows :
104,736
'85 364
•*
^ lb.
Figs,’Smyrna......
Canton Ginger, case
Almonds, Languedoc
do
Tarragona
which
active
Spices.
26K Pepper,.in bond
Fruits
541“ 303.779
2,819 426,062
t Also 14,570
reduced to bags
o
C+
....
7,771
25,969
•
•
.
...
324
•
to
trto
....
* ♦ • *
....
20,180
869,323
34,236
1872
includes mats, &c..
*
27.495
443
*,
80.629
-
Other.
Totol
59
THE CHRONICLE
particulars of leading articles of domestic
prices quoted being those of leading jobbers:
few
manufacture our
60
Brown Sheetings |
Width. Price.
and Shirtings.
! Utica
35
16#
Width. Price.
do Nonp 36
19-?0
Adriatic.
86
13
do ex hvy 36
18#
Agawam P... c36
do
25
5-4
10
Albion A
36
9
do
45
8-4
Atlantic A... 37
do
9-4
47#
13#
do D.... 37
do
10-4
52#
12#
do
H...«37
13
Wamsutta.. 40#
22
do OHH 36
Appleton A.. 36
13#
19-19#
do
N.. 30
do OXX 36
11#
19-19#
Augurta
36
11#
Bedford R... 30
Brown Drills.
8#
Boott FF
36
13#
....
.
..
....
4
do'S
do W.T,.
40
12#
16#
as
ConestogoD. 28
Cabot A.
10
36
...
Dwight X...
,12#
10
30
do
Y.... 33
do
Z...,. 36
Indian Head.7-8
'do
48
nd’n Orchard
A
36
do
BB. 33
'do
C. 36
do
W. 30
Laconia B
37
do
E.... 36
do
O.... 39
Lawrence A.. 36
do
D.. 36
do
J.. 36
do
LL. 36
11
<io
:*?:
j;
\\ j
n
.
,
’
i
i> \ <
!h ;
12#-13
11#
12#-13
11#
J3#
14#
11#
10
36
40
33
36
12#
15
12#
13#
42
46
20
17
18#
Androscog¬
gin L
36
16
Arkwri’tWT 36
17.
Auburn
15#
36
Barnsley..; 33
Bartletts... 31
10
12
33
36
....
....
-
Bates. BB... 36
do
45
Ballou&Son 36
Blackstone
AA
36
Boott B.... 36
do C.... 33
do R.... 28
11
Fruit of the
Loom
Glr’t Falls A
do
M
do
O
do
S
....
19
12#
13#
14#
12#
9#
13#
36
16
12
32
38 °
11#
36
15
31
10#
Lonsdale... 36
15
lo Cambric 36
22
N. Y. Mills 36
20-21
25
PeDpereil. 6-4
do
7-4
27#
do
8-4
30
do
9-4
35
do
.10-4
40
do
.11-4
45
Pequot... 5-4
22#
Simpson mourning. 11
do white grades. 10#
Sprague’s fan
10-11
14
14
12#
.
...
.
...
.
Peabody
12
River Bank
Renfrew
Union
White Manuf’g
9
14
12#
70
70
...
.
do
do
do
do
A..
23
20
18
16
23
23
20
B..
O..
D..
Cordis AAA. 32
do
No. 2.
do
No. 3.
do
do
do
do
No.
No.
No.
No.
4.
5.
6.
7.
Eagle
18
& Co
70
70
Clark’s, Geo.A
Willimantic, 3
cord
do 6 cord.
Samosset
Green & Daniels
47#
70
42#
do
medal. 36
Hamilton reg..
Lewiston A... 36
do T.B.. 30
Caledonia, 8..
16
duck, 22in.—
W’db’ry,
Fl’twing
best
2 65
do do A No 1.. 2 55
Brussels.
Crossley& Son’sl 30-1 40
Eng. Brussels. 2 20-2 30
Hartford Carpet Co :
1
l
Body Brus 5 fra. 2
do
4 do 1
do
3 do 1
Bigelow Brus 5-fr. 2
do
4-fr. 2
do
do
do
do
70..
80..
90..
100..
DRY GOODS AT THE
NEW YORK.
20
05
00
80
80
10
00
PORT OF
CONSUMPTION FOR THE WEEK ENDING JULY
-—1871
ffi:
Wi:.
cotton..
silk
flax
Miscellaneous drygoods.
Total.
Pkge.
Value.
679
662
476
539
$285,541
192,917
338
403 056
105,650
135.985
2,694 $1,128,149
—
Ginseng,Southern
-1872-Value.
Pkgs.
123
$53,552
366
10 i,90i
385
359,962
845
149,715
196
89,110
1,915
$750,143
10, 1873.
Pkgs
“
704
908
317
669
641
do
do
do
cotton..
silk
flax
Miscellaneous dry goods.
Total
Add ent’dfor
1,292
$213 5:0
105,468
$95,627
91,473
99,501
59.070
54.972
8,629
16,201
$225 096
1.605
$574,015
1,047,063
1,915
Total thrown upon m’k’t. 3,986
$1,606 299
2.722
$1,069,464
4,844 $1,621 078
976
584
174
$452,826
$340,211
1,404
99.700
140
38,427
$801,036
8 278
J.,128,H9
$973,416
1,915
750,143
do
do
silk
flax
Ml«ce laueous dry goods.
608
218
225
39 r
<$2
Total
;
1,490
Add eut’d for consumpt n 2,694
$258,626
79,554
338,019
107,445
17,332
Tptal entered at the port. 4.184 $1,929,185
195,959
186,504
5,103 $1,703,559
293
183
563
•
50
1,813
3,239
5,052
40
121,442
191.403
132.270
7,749
$793,075
1,047.063
$1,840,188
PROVISION*5
23#
Pork
8#
22
31
Beef
2#
5#
19#
2#
...
Refined,pure
....
...®
“
3#®
...0
IS#
12#
®
16 v
11#
60
eo
75
76
...
SPICES—See groceries report.
—» gal’ —
SPIRITS—
Brandy,rignh’ds..f gal,gld3 65® 15 CO
Rum—Jam.,4th proof. ** 8 75® 5 ffi
St. Croix,3d proof... “
3 25® 8 50
Gin, different brands
••
8 00 ® 8 85
Domestic liquors—Cash.
Alcohol (88 per ct)C.&W.1 79 @180
Whiskey....
91 #@ 92
...
11#®
60
PI at.es,for’n ,f 100ft.gold 7 50 ®7 75
Plates domestic
f ft 8# 4 11
40#
Mackerel, No. I, Halifax
1« 50022 50
Mackerel, No. 1. 1)87.
17 0'i@23 00
Mackerel, No.2,Mass shore 16 00@16 50
Mackerel, No. 2, Bay
@
FLAX—North River....ft ft
15®
18
FRUITS—See groceries.
GUNNIES.—See report under Cotton.
GUNPOWDER—
Shipping ¥ 25 ft keg
@ 4 25
Min. & Blasting
@ 3 75
HAY—North R.sbip’g, f 1U0 ft 90^ i 00
.
STEEL—
English, cast,2d&lstqu fft 18#®
English, spring,2d & 1st qu
9#®
English blister, 2d & 1st qu 14 ®
American blister
;.®
American cast, Tool
@
...
American cast soring
American machinery
American German spring.
SUGAR—See special report.
23
’0#
18#
11#
17
0
11
11#®
9
TALLOW—Americanf ft...
12
®
...
f#®
8#
TEAS—See special report.
TIN—Banca...f ft,gold
Straits
36
**
....@
Si#
30 ®
30#
11 25 ca 11 f.0
10 00 @10 50
English
“
Plates. I. C.char. f h ••
Plates.char. Terne “
TOBACCO—
Kentucky lues,heavy
®
10 ®
....®
12 ®
13
7#@ P#
“
“
leal,
9 @15
Seed leaf. Conn., wrappers. 40 @ 55
“
“
fillers. ’72
ri @ 10
22 0 6»
Pennsylvania wrappers
Havana, com. to fine
75 @1 10
Manufac’d,
in“bond, dark wrk.!6 @25
“
bright work. 20 @ 45
WOOL—
American.8»xony Fleece fft 50 ©P*
American. Full Blood Merino 49 @P0
American,Combing
50 @55
40 @46
Extra, Pulled
No 1, Pulled
80 @85
California. Spring ClipFine, unwashed
26 @8!
Medium
26 @31
Common, unwashed
21 @25
South Am. Merino unwashed 27 @33
12
14
Texas, fine
Texas,medium.
17 ®
18#
...®
13 ®
13#
....
..
2#®
.
.
.
pry_Buenos Ayr. Vft gld
Montevideo
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Bahia,
Drv
1 40
SPELTER-
FISH—Dry cod
¥ cwt. 6 l’0@ 6 50
Mackerel, No.I,Mas®..shore 22 f>0@25 00
HIDES—
?2
32
-
5#
2#
“
11
9 1-16
Timothy
2#®
Jute
©
8#«
f ft
8**
fbush. 4 25 ®
Hemp, forf ign
2 00. @ 2
Flaxscpd, Amer’n.rVh. '> 45 ® 2
^Linseed, Cal., f 56ft gld. 2 57#* 2
SITiF—Tsatlee.No.3 chopf * « 50 f 9
Tsatlee, re--eeled...
6 87#® 7
Tayssam, Nos. 1 &2
.7 25® 7
-Canton, re-reeled No. 1 6 00 ©
....
1 10
2 62#
1 10
1 gi#
45
10
13
ft
...fft
gold
Crude
Nitrate soda..*....
SEED—Clover
®
®
Vitriol, blue
f
..
v
56#
®
®
@
®
®
®
“
25 00
hams, new
SALT—
Turks Islands ..f bush.
Cadiz
Liv’p’l, var'ous sorts....
SALTPETRE—
30
40
..
©13 75
®i9 (0
® 7 *Hi
@13 00
©30 00
RICE—See groceries report
00
Opium,Turk.In bond,gld 6 25
Soda ash
Sugar lead, white
IP
0
,
Hams, pickled
@ 1 20
@
45
z0 ®
so#
35#®
4t
25 ®
26
12
8 ®
7 ®.
g
17V®
M
2#®
3
...
12#
10#
-
mess
Lard
1 15
—
@
f bbl (new). 17 50
Pork, extra prime...,
Pork, prime mess cl'y..18 00
Beef, pluin mess
4 00
Beef.extra mess new. 10 00
12#® 1 15
—
25
Matamoras
Bahia
Wet Salted—
Buenos Ajtqi..Vft
Para
California
Texas
Eaet India Stock—
..
®
®
"
"
"
"
25
23
*•
“
**
22#@
®
®
....®
16 ®
...,®
..a®
Salt.—Maracaibo.gold
Chill
Pernambuco
o
ENTERED FOR WAREHOUSING DURING SAME
PERIOD.
Manufactures of wool
do
cotton..
I
7# *
17#@
10 <g
10
..
Naptha
88
...®
gold. 1 03
peroz. 2 60
Rhubarb, China
f Tb
6R
Sal soda, Newcastle, gld I 75
Shell Lac, 2d& 1st Eng “
42
91.407
consumpt’n 2,694
PETROLEUM—
Crude, ord’v gravity, in
bulk, per gallon...:—
Crude in bbls.
*
Quicksilver
Quinine
109,693
13,896
..
32#
62#
2#
4#®
Prussiate potash, yel’w.
133,923
$319,321
750,143
“
00
00
4#
115,634
80,884
OILS—Olive, in csks f gall 1 15 ®1 25
Linseed, crushers prices
f gallon, in casks
97 ® 98
Cotton Seed .(’rude S
*7#® 48
“
yellowS..
55 © 56
72 © 75
Whale,bleached winter..
Whale, crude Northern..
63 © 65
8perin, crude
©140
Sperm, bleached
:
1 67 ©1 7"
Lard oil, prime winter...
'3
02 V
(«
...
...
•
2#®
6
Dutch
.jgold
Fr. E.X.F.F"
Nntg’ls.hlue Aleppo
degs;.
'
...
TO *
?7#
222,433
456
388
99
358
304
3,239
23
28
18
IS
!2#
11#
Value.
$363,182
264,930
$478,150
1,128,149
807
9
12
50
40
....©
®
28 ®
84#®
......
OR vitriol (66
'
3,239 $1,047,063
53.020
*•
“
“
“
®4 25
3 37V®3 50
Spirits turpe.nt.lne.fi gall
44#® 45
2 8U 02 95
strained, f bbl
Rosin,
“
No. 1
8 25 03 50
“
No. 2
8 00
©3 15
**
3 62 #4 00
pale
"
extra pale
4 00 ©4 50
OAKUM
fft
8 ® 10#
on. cake —
City thin.obl.ln bbls.f tn.gd
®
West, thin obl’g, (dom.) 39 00 ®
Refined, standard white.
51#®
dve, good &;flne gold
paste, Calabria.
paste, Sicily
Lac
WITHDRAWN FROM WAREHOUSE AND THROWN INTO
THE MARKET DURING THE
SAME PERIOD.
Manufactures of wool....
”r
3 87# »4 12#
Tar, Wilmington
Pitch, citv
1
10#
HEMP—Am. dressed.¥ ton.17? l>0®225 00
American undressed
120 .)0@125 00
Russia, clean
gold.210 Q0®215 00
Manila.current..V ft “
10#®
Sisal
"
8 ®
1873
Tar, Washington
12
40
l,icorice
Licorice
Madder,
Madder,
1 52#
Med. super
Park, No. 60..
5 00
...®
36
6 44 @6 75
60 ®
67
Jalap
26
24
34
TUe importations of dry goods at this
port for the week ending
J uly 10, 1873, and the
corresponding weeks of 1872 and 1871
have been as follows :
do
do
do
Cochineal, Hondnr..
22#
40in.
**
“
Cochineal. Mexican.
Cream tartar, prime
Cubebs, East India.
Cutch
Gambler—V ft,..
Ginseng, Western
Carpets.
Velvet, J. Cross&
ley
Son’s
3-ply
to.
77#®
...
Caustic soda
Light duck—
Superfine
IMPORTATIONS OF
Manufactures of wool
oil, E.l.in bd, ’*
Chlorate potash
"
Imperial 3-ply.. 1 45
.
ENTERED FOR
Brimstone, Am. roll fft
amphor. ernde... ,gol.d
(
30-38
40-46
Druid
"
new
Castor
Cotton Duck.
Extra
IS
13
8
6
®
®
@
@
COTTON—See special report.
DRUGS & DYES—Alum..
3#®
Argols, crude
gold
16 ®
trgols,refined
“
25 ®
Arsenic, powdered. “
2#®
Bi earh. soda, N’castle**
5#@
Bi ohro. potash.S’tch **
19 @
Bleaching powder... “
2#®
Brimstone.cru.f ton.."
...^33
Tap
Checks.
.
"
Sail
Mont.Ravens29in
30
20
26
24
®
(over
12 oz;
ft ft
Braziers’(over 16 oz.)
American ingot
32 fO
32 00
32 50
33 00
33 00
37 50
33 50
40 00
37 00
51 50
Great Falls A.
Ludlow AA....
Lewiston
Ontario A
Povvhattan A.
do
B..
Stark A
do C 3 hush
14>
20
Sheathing,
Bags.
American
Bear duck (8oz.) '
do heavy (9 oz.).
20
..
COPPER—Bolts
42#
65-67#
35
70
do
00
(X)
00
00
00
00
*75
....
17
14>
do
no
5,000 tons lump
4 i2#@ 4
7,500 tons steamboat... 4 52@ 4
20,000 tons grate
4 75 @
7,500 tons egg
5 00 @ 5
tons
5
25,000
stove
2.5 @5
4 55 @ 4
10,000 tons chestnut
Liverpool gas cannel.. .16 CO (a 18
Liverpool bouse cannel
(&1&
COFFEE.—See special report
Clark, John, Jr.
14
32
Welsh
do State d:dry,coir, to One
@
COAL—
Auction sale of Scranton, June 25 :
oil.
per doz.
200 vds
J. & P. Coat’s
•
Tickings.
Amosk’g ACA.
28-29
do
■Western da1 ry, packed...,
do
store, packed
Cheese (new)— State fot”y
Brooks,
Amoskeag
Co. 13#
Bntter (new)—
State,p’Is& t’bs.g’d to fine
7#
Cot?
..........
75
BUTTER AND CHEESK-
7
7#
7#
Sterling
Namaske
sizes
®
Paints—Lead, white, Am¬
erican, pure, in oil
®
Lead,wh., Amer., dry.
10#g
Zinc, wh., dry. No. 1.
*#@
Zinc, wh.. No. 1, in oil.
11 ®
Paris wh„Engf 100 ibs. 2 25 @2
7#
7#
Victory H..,
@ 1
30@46
00@S8
00®83
00®76
00@32
00@84
4
6 25® 6 75
® 7 00
2d and °dtlne
Cut spikes, all
12#
7#
3l
32
h9
30
27
Nails—:0d.@60ri.eoni¥ kg
Clinch, 2 to 8 In. & over
Cambrics.
Pequot
12
...
n-;
14
14#
12#
9#
13#
Clear nine
Spruce boards & planks
Hf mlock bo’rds & plank
13
...
88
12#
Naumkeagsat.
Gloucester
Hartford.
Lancaster
Logan
Rockland, lump
14
^
@ 1 "is
@ 1 50
Lumber— southern pine..
WJii'e pine box hoards.
•*
hli e pine raer. bx b’ds
12#
11#
.
...
4 50® 9 00
14 00@>17 00
28 00ra30 Oh
*•
-
**
Cement—Kosendaie Vhbl
Lime— Rockl’d,com.f bbl
10
Hadley
Holyoke
14
Crotons
Philadelphia fronts.
Canoe River..
Hallowell Imp
Ind. Orch.Imp
Laconia
Peqnot
8 25
...
17#
Amoskeag
Androscog’n sat
13
...
•#
.
—Pot,let sort ¥ 100 1b
BUILDING MATEUIaLSBricks— Juiu. ii»ru...f< M
Corset Jeans.
Glasgow
.
...
23
21
Rea Cross
10#
..
do W pk and pur. 13
do Shirtings
10#
Pacific Mills
11
Richmond’s
11
17
16#
EllertonWS4-4
Otis AXA
do BB
do CC
Smithfield..;
11
..
Manchester
Merrimac D. fey
13#
14#
Bay Mills ..36
15
Harmony.
11
Bates
Caledonia
40#
Haymaker Bro
j Suffolk
11
Fmcrs
175 00'S 185 00
Scroll
112 50(5? 145 cu
Hoop
120 000170 00
Sheet. Rus., as to aesor.gd 16#® 18
Sheet,sirnt.. d. * t.,corn..
(#®
1#
Ralls. Eng. V ton., (gold)
<a 67 50
Ralls Am.,at works in Pa. 77 50®
LEADSpar.fsh.ord’yfCGO fteold.f =0 <S6 75
German.
“
“ 6 5'* ®6 75
“ 6 62#@7 00
Englisn
Bar
®9 25
Plpeandsheet
®I0 50
LEATHER —cash
Oak, slaughter,
32 ® 45
crop
89 ® 42
“
rough slaughter
82 & 86
Hemlock. B. A
27#® 80
“
California
26#® ^7#
**
Orinoco. Ac
"6 @ 27#
“
rough
33 ® 85
MOLASSES—Spe special report.
NAVAL STORES—
BREATiSTUFFS—See special report.
14
9
1 Arcadia
10—11 Garner...
Amoskeag
...
c
do
do
9# -10
21#
24
ASHES
22
..
11#
11# I Glazed
.
do
do
i-
Prints.
19
12#
Boston
Beaver Cr, AA
Chester D‘k B
Clark’s Mills
Columb’n h’vy
Bristol Pinks
Cocheco L
Garner <fc Co
Gloucester
do mourning
Hamilton
Hartel fancies..
Bl’ched Sheetings
and Shirtings.
Amoskeag. A36
15
t'
14#
14#
..
Domestic
Ging¬
hams.
American
10#
do fine Non
|!*5
,.
STOH»
PR I OIOS CURRENT.
19
Ark’rightblue.
11#
12#
10#
ar c
v
Stark A
GENERAL
25
B...
8
...11-4
12—4
.
14
do
[July 12. 1*573.
Bar, 8wedes
Amoskeag
Amoskeag
.
Ul?ca..
14#
Langley B
Pepperell
Price.
Denims.
14
.
.
14#
American
Pepperell.
do
do
do
do
do
14#
12
19
S.. 3f
do
Y..
Nashua fl ne E
do
O....
do
It....
Appleton
Adriatic
Laconia
12
..
51;
CHRONICLE.
THE
“
"
**
"
@
@
...,@
...
...
....®
'
gold. 13
“
"
cur.
Calcut. city sit. ¥ ft gold
Calcutta, dead green “
Calcutta, buffalo.¥ ft “
HOPS—Cronol 1872..V ft..
40 ®
Crop of 1871
@
Crop of 1870
12 ®
IRON- -Pig. Am., N04.V ton 45 00®
Pig, American.No.2
4100®
Pig. American Forge
®
pig,Scotch...
48 OO®
.
Bgrrefluefi
*Awer.
a
14
Cape JGood Hope, unwashed.
Smyrna,unwashed......
ZINC—Sheet
fft
v
FREIGHTS—,—
STFAM.—.
: s. <1.
#. d.
To Liverpool
Cotton
fft
# a 7-16
Flour ....f bbl 40 ®....
20 »
H. goods.f ton 40 0 @65 0
48 00
Oil
70 n ®.
4» 00
Corn. ...f bu.
12#®....
85 00 i Wheat.Lk. & b.
18 ®....
53 00
@86
Peel.... f tee
50
80 @33
26 @83
25
;
POfkM.MlW, 6 6 0,..,
@82
17 @1
10#@U
sail.
,
s. d.
s.
5-16®
...,®
d
#
....
...
m
.
10#«
....
11
....
...
@
@
6(1
@FedFRASER