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MAGAZINE,
MERCHANTS’
HUNT’S
UNITED STATES.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE
[Entered, according to aot of Congress, in the year 1882, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.|
SATURDAY, JULY
VOL. 35.
obviously objectionable features in it that
cessity would seem to excuse its approval.
CONTENTS.
TFIE
Tlie Effect of the New Bank
Bill
The Condition of tlio Treasury
The Financial Situation
Railroad
Earnings in
June,
and from Jan. 1 to Juno
Head Money
grants
Tax
on
80.
Immi¬
THE
the N. Yr.
THE
Commercial Epitome
Cotton
I
The Bank Extension
G3
Act
Circular as
Exchanging the 3^ Per
Secretary Folger’s
to
Cents
and.
English News
Monetary
G4
Commercial
G9
G9
Commercial and Miscellaneous
71
News
G7
GAZETTE.
Quotat ions of Stocks and Bonds
New York Local Securities
Railroad Earnings and Bank
BANKERS’
Money Market, Foreign Ex¬
change, U.S. Securities, State
and Railroad Bonds
and
Stocks
Range in Prices at
Stock Exchange
CHRONICLE.
01
G2
G3
—
72 !
Returns
Investments,
and
State, City
|
and Corporation Finances...
COMMERCIAL TIMES.
73
3?lte Chronicle.
74
75
7G
86
accumulation in
the Treasury
active
use
and rapid
of legal tenders now in
serious defect in the present mode of reor¬
ganization; whereas under the new law the bonds held for
circulation are not taken up at all, but such circulation is
redeemed as it comes in with the five per cent redemption
fund and replaced by now notes of the reorganized bank.
process,
is
a
change leaves our currency undisturbed, and
tainly a weighty argument in favor of the bill.
is cer¬
provision the new law contains is
authorizing the exchange of 3^ per cent bonds for
registered 3 per cent bonds. This gives the banks a 3
Another wholesome
that
published in
[Entered at the Post Office, New York, N. Y., as second-class mail matter.
SUBSCRIPTiON-PAYABLE IN ADVANCE:
For One Year (including postage)
For Six Months
do
Annual subscription in London (including postage)
do
do
Six mos.
do
admitted that this withdrawal from
890.,
nothing but ne¬
Still it must be
The
77
85
79 1 Breadstufts
80 I Dry Goods
The Commercial and Financial Chronicle is
New York every Saturday 'morning.
TERMS OF
NO.
15, 1882.
$10
6
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10.
7s.
8s.
Subscriptions will be continued until ordered stopped by a written
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WILLIAM B. DANA. \
WILLIAM B. DANA & OO., Publishers,
79 & 81 William Street, NEW YORK.
JOHN Q. FLOYD.
j
The office of the Chronicle in
Post Office Bex 958.
security for circulation,
bonds of the
higher rate of interest than 3 per
per cent at par to deposit as
which cannot be called in so long as any
United States
bearing
a
pleasure of the Government
are outstanding.
As the last issued of these 3 per cents
are the first to be called, of course it will be desirable to
send in as early as possible the old bonds for exchange.
So on August 1st, at 10 A. M.—the hour Secretary Folger
has named for receiving the old bonds—we may expect
that there wil) be no little manoeuvring for precedence.
Some have suggested that these securities may not be
sought after, because of the peculiarity in the section
providing for their issue in stating only that they are
exempt from all taxation by and understate authority,’.’
leaving them so far as the literal wording of this section
cent
and redeemable at the
“
THE EFFECT OF THE
NEW BANK BILL.
publish in full in goes, liable for taxes authorized either by any city, by
There is, however,
another column as reported by the Conference Committee, any county or by the United States.
a
general provision of the Revised Statutes (sec. 3,701)
has now passed both Houses and is in the hands of the
which provides that all bonds and obligations of the
President.
At this late day of the session—so late that
United States are 11 exempt from taxation by or under
it would be impossible to mature and pass another measure
State or municipal or local authority.”
This would prob¬
for the reorganization of the banks—it is presumable that,
although in one particular at least it cannot receive the ably cover the defect, except so far as the power of the
central government is concerned, and the government in
President’s approval, it will be signed by him under the
the tax on capital (sec. 5,214) has exempted all amounts
pressure of a financial necessity.
invested in United States bonds.
So we do not see
The main feature of the law is of course the machinery
The Bank Extension bill which we
“
that the omission is material.
provides for the renewal of the charters of the banks here¬
The tendency of this section will be to at least prevent
after expiring.
In those particulars ihe measure is all that
could be desired.
Very simple provisions are made for any decrease in bank circulation, notwithstanding the
effecting the change. There need be no fear under it of provision in section 8 which authorizes banks of $150,000
the disturbance to business threatened through the more of capital or less to diminish their bond holdings to one-
it
Yet these quarter of their capital. For under the 3 per cents the
arrangements of the Comptroller under the old law are profit in circulation will be greater than if the banks had
been left no option but to purchase the 4 per cents say at
working so smoothly and so much better than anticipated,
They can obtain the new bonds at par and receive
hat if it were not for the accumulation in the Treasury of 120.
90 per cent of their face in notes; but with the 4 per
legal tenders which results, there would be little reason for
the change. It was thought possible that this consideration cents, the premium paid had to come out of their capital
and be locked up; with the 4 per cents hey ran besides
might lead the President to veto the bill, as there are such
cumbersome
arrangements
now
in use.
62
CHRONICLE.
THE
greater risk of a decline in price. For these reasons it is
likely that for a time the tendency will be for bank circu*
lation to expand rather than to contract.
These are the only features in this act which can give
one any satisfaction in reading.
It is to be said, however,
with regard to the remaining sections that like very many
attempts of legislators to interfere with the laws of trade
the present will probably prove an equally barren effort.
Take the section (section 12) in which the attempt is made
to force clearing houses to accept silver certificates at par
with gold certificates.
We showed last week how im¬
potent such an edict was, even if it had been expressed
in good, clear English.
But as it is, the law is so worded,
that it means nothing of the kind.
We need not repro¬
duce here the section in full because it is all published on
another page.
It begins, however, with a general authori¬
sation to the Secretary of the Treasury to receive gold
and issue certificates therefor, and then makes directions
as to their
use, character and powers.
Every subsequent
sentence either speaks of “said certificates” or “such
“certificate?,” referring not only evidently but as a gram¬
matical necessity to gold certificates, with reference to
which the section was framed.
In only one sentence are
silver certificates mentioned, and then only in a paren¬
thesis, which parenthesis confines their connection with
the act to that simple clause; and when the law
goes on
to provide that “ no national banking association shall be
“a member of any clearing house in which such
ceriiji“cates shall not be receivable,” &c., it cannot include
silver certificates under the phrase “such certificates,” but
only gold certificates.
This peculiar infelicity of expression seems to attach
itself to the soft-money party.
Almost every time they
attempt to interpolate their obnoxious doctrines in a
statute, they show the hand of a novice in their words as
weil as in their principles.
But in this case it was of little
importance, for as already stated the whole of the above
restriction as to clearing houses is absolutely void.
It
could not have been so expressed as to force upon such an
intangible thing as a place of meeting for exchanging
checks, restrictions in making exchanges between the
clerks there gathered.
And furthermore it is impossible
to give silver certificates the power to pay one depositor’s
check, without having first made such certificates legal
tender for all debts.
The wording of the act therefore
is of little importance, as the attempted provision was
outside of statutory possibilities.
1
What effect the section
as
to
certification of checks wil
(f
have, it is impossible as yet to say. The law will of course
be obeyed.
But it will soon be seen that the necessities of
business will provide a remedy.
You may change the
course of a river, but
you cannot stop its flow, or make it
run up hill.
The result of this provision will be either a
return to the State system
by those banks which have
few out-of-town depositors, and can therefore make the
change without harm, or the devising of some new plan
for transacting business which will be
equally efficacious
to the present system of over-certification.
THE CONDITION OF THE TREASURY.
In view of the passage
i VOL. XXXV.
additions
being due to the cumbersome process of reor
ganization to which the banks whose charters were expir¬
ing were subjected. The July total is four millions
greater than it was a year ago, and 7£ millions greater
than it was only six months ago, on
January 1. It i8
within
a
few hundred thousand dollars of the amount
held
the 1st
March, 1881,when the fund was swelled 16 million
dollars in one month—from $20,697,283
February 1, 1881
to $36,856,444 March 1—by reason of the fear
inspired
by the passage of the refunding measure which sought to
impose restrictions upon banks in the matter of retiring
circulation.
A veto by President Hayes removed
the
on
of irritation, but bank currency comes in so slowly
redemption that it took 13 months to draw down this
greenback fund 8 millions, to $29,103,930 April 1, 1882,
the lowest point touched since February, 1881, and now it is
up to the old figure again.
It is gratifying to note there-
^source
for
fore.that the Bank Extension law will prevent
this source
danger to the money market in coming months from
becoming more serious than at present.
Another point worthy of note in the
Treasury state¬
ment is the small balance the
Treasury now has as a
reserve against greenbacks.
It would seem as if the Sec¬
retary, to overcome the effects of the large holdings in
the redemption fund, had determined to keep his own bal¬
of
ance
of
cash
down
to
much
smaller
limits.
On
1882,
had it
high as $154,640,688, May 1, 1881, and the
present Secretary had it but little lower than this only a
short time ago, namely in March, when it was $153,024,
In comparing with a year ago, it does not
219.
appear
that the falling off in balance is the result of an increase
in the amount of called bonds
outstanding, or in the
as
amount of interest
latter
due and unpaid.
On the contrary, the
item
aggregates only $11,819,935 this year
against $17,348,944 last July, a reduction of 5.J- millions
while called bonds aggregate but half a million more, or
$26,307,659, against $25,872,797, so that these two items
would tend to add to the balance, rather than to dimin¬
ish it.
With this smaller balance of
a
cash,
we
smaller amount of available assets
on
expect, of
course,
the other side of
the account,
and the expectation is not disappointed. Of
gold coin the Treasury holds $91,964,504 this year,
against $74,153,944 July 1, 1881, a gain of $17,810,560,
but of gold bullion it holds but $56,541,8S6, against $89,*
017,716 a year ago, a loss of $32,475,830, making a net
loss of $14,665,270.
This comes within two millions of
the loss in the general balance.
Altogether the gold held
by the Treasury is $148,506,390, against $163,171,660 in
July 1881.
During the same time the specie held by
our New York City
Clearing House banks has fallen from
$77,728,500 to $64,2S3,600, a decrease of $13,444,900, so
that the Treasury and the banks have together lost more
than 28 millions of gold.
Notwithstanding the heavy
shipments of this metal from this country during recent
months, the movement for the twelve months ended July 1
will, we think, show a slight balance in favor of the United
States—possibly a million. As our domestic production
amounts to about 35 millions a year it would appear that
the whole ofc this, together with such portion of the 28
millions drawn from the Treasury and New York banks
as has not gone into
consumption or into the banks out¬
of the Bank Extension bill, and
probable effect upon bank and Treasury operations, - an
examination of the Treasury balance-sheet for
July may
possess features of interest.
The first point to attract
attention is the fund for the redemption of national bank
notes, which amount* now to no less than $36,675,085. Of
course, this fund will always appear in the Treasury state¬
ments, but at present its aggregate is very large—the late side of New York has been absorbed
by the people
its
July
the “balance, including bullion fund,” which
represents the actual balance on hand, after providing for
matured bonds,
interest, &c., was only $119,583,665,
against $136,089,643 July 1, 1881, a reduction of over
164- millions. In Secretary Sherman’s time, March
1}
1881, this balance was $158,542,647 ; Secretary Window
1,
;
tha
July
13,
J^we^areTtill hoarding gold, as we have before pointed
oat in
As
these columns.
to silver, it is
scarcely necessary to say that the
holds an increased and increasing amount. Of
standard silver dollars it held July 1, 1881, $62,544,722; on
July 1, 1882, the amount had been increased to $87,153,816, an addition of $24,609,094, showing again that these
Treasury
coined go into the Treasury and stay
there. The people absolutely refuse to take them.
In
the shape of silver certificates during the activity of last
year they were put in circulation, but these certificates
are now accumulating in the Treasury again.
The total
amount of certificates issued is $06,096,710, of which the
Treasury holds $11,590,620, leaving only $54,506,090
actually outstanding. On January 1, 1882, the amount
issued was $68,675,230, of which the Treasury held but
$6,359,910, leaving $62,315,320 outstanding, or 8 millions
more than at present.
There are some other features of
the Treasury statement worthy of note, but we have not
the space to dwell upon them.
dollars as
fast as
THE FINANCIAL
The
63
THE CHRONICLE.
1883.J
outlook this, week has
SITUATION.
continued to increase in
arduous work to
protect the Suez
Canal against roving
irresponsible bands of Bedouins, and it is possible
be so greatly injured at unguarded
points as to render its navigation entirely unsafe, and com¬
pel the diversion of traffic either around the Cape of Good
Hope, or across the American continent. It must be
remembered that there are only twenty-six feet of water
in it when full, and that this amount may be reduced by
cutting off the supply on the line of the work. Until,
therefore, the canal can be patrolled and guarded by infan¬
try at every point, its free navigation cannot be relied
upon with any certainty.
The importance of this avenue
and
that this avenue may
of
commerce
may
.
be illustrated by the following
table,
prepared from statements in the report of the Bureau
Statistics for the quarter ended March 31, 1880.
Via Canal.
Distances.
Liverpool to Bombay
Liverpool to Calcutta
Liverpool to Melbourne
Liverpool to Auckland, N. Z
Liverpool to Singapore
Liverpool to Hong Kong
Liverpool to Yokohama
Via
of
Cape
Good Hope
Miles.
6,2S1
7,9(36
11.231
12,706
8.296
9,865
11,540
11,139
11,790
12,593
14,073
12,700
13,640
15,315
For the calendar year 1878 the commerce between
promise. In fact, at present everything seems to be tend¬
ing to make the situation more hopeful; and if we are only Europe and India amounted to £52.129,640; the Straits
wise and do not permit ourselves to be too elated and settlements, £4,419,743; Ceylon, £3,772,772; Hong Kong,
carried away by another wild speculation, it appears as if £4,215,798; and Australia and adjacent islands, £42,380,a year of great
prosperity awaits us. Of course, the 570. During that year thej imports of merchandise into
British India via the Suez Canal amounted to $135,833,257,
primary cause of the better feeling, is the daily improving
and the exports to $103,747,649. These figures remind the
crop condition, and the prospect that the disturbance in
reader of the value of the canal as a commercial avenue.
Europe will enable us to realize fair prices for our pro¬
ducts.
But besides that, a feature which has caused de¬ Of course, if the interruption continues beyond the har¬
cided relief is the rectification in progress in the foreign vest, shipments of grain and cotton to Europe mu3t be
trade movement as indicated by the New York figures. via the Cape of Good Hope, and the time attending this
Furthermore—and an important factor—are the railroad longer transit will in some measure enhance prices here;
whereas the probable curtailment of cultivation of these
earnings, which even now- continue surprisingly good.
And to all this, may we not be excused for adding, that productions in Egypt will reduce the world’s supplies.
Suggestions of this nature are even now having an influ¬
Congress is on the eve of adjournment.
The bombardment of Alexandria by the English fleet ence upon our markets.
The foreign news early in the week made a decided
commenced on Tuesday morning and by Thursday the
eity was in ashes, having been deserted by its de¬ change in rates for foreign exchange. Instead of the
fenders, then sacked and burned.
The Suez Canal downward tendency observable last week, the rate for
sight sterling and for cables moved upward. The ex¬
was closed
on Tuesday by order of the authorities,
and although private dispatches say that it will be planation is, that bankers did not care to buy long bills,
for it was impossible to say what might be the rate of
reopened on the 14th, the turn which affairs have
taken in Egypt, and the fact that steamers might discount in London by the time the drafts arrived out;
be plundered in the canal, may render such a course consequently long sterling and commercial were neglected.
inadvisable and result in navigation through it being Bankers here freely sold American securities for Lon¬
interrupted indefinitely.
The new3 of the attack upon don account and bought sight bills and cables for re¬
Alexandria made only a slight impression upon the Lon- mittance, thus making a pressing inquiry for these drafts.
don and Continental markets.
It was not until Thursday Some loan bills were covered and others were extended
afternoon, when it was announced that the city was being during the week, further adding to the demand for short
rapidly reduced to ashes, and that Arabi Pasha had fallen sterling. Thursday afternoon, when the news came of the
back upon Cairo, there to continue his work of destruc. financial flurry in London, foreign bankers became so appre¬
tion, that the speculators and capitalists in London rea¬ hensive of an advance in the discount rate that they deter¬
lized the fact that the war thus far had damaged England mined to await further advices before doing any business.
Friday, pretty much the same conditions were apparent.
more than it had Egypt, that the contest promised to be
It is fortunate for us that this Egyptian difficulty did
prolonged, and that Egyptian unified and other stocks
not arise earlier, since in the condition of our foreign trade
were no longer desirable
as investment properties. The
haste displayed in parting with these securities made the it could not fail to have had considerable effect on our
London market panicky on Thursday afternoon just at the gold reserves.
Last week we commented upon the
unfavorable
foreign trade figures, and showed by the New
close of business and the tone was very .feverish on Friday.
At the moment it seems unreasonable to expect a York weekly statements in June that a reaction had now
speedy end to this contest-. And yet if England succeeds taken place. This week the New York Custom House
in putting the Sultan foremost in the pacification move¬ returns for the whole of June have been published and
ment, as she is now attempting to do, and if the Sultan acts they, together with the later July figures, indicate even
in good faith—which is at least not his custom—it may more clearly that the turning point has been reached.
prove less prolonged than is at present anticipated.
So Our imports have become decidedly less, while our exports
long, however, as r there is no settlement, it must be an are large in view of the small remnant of old crops left.
a.
THE
64
CHRONICLE.
[VOL. xxxv.
And
speedily we shall be in position to send forward new
produce. So that even if there should be an outflow of
gold now it is likely to be limited in amount.
The advance in the
stock market, which commenced
Into Banks.
Sub-Treasury operations, net...
Interior movement...
Gold
$323,302
Out of Banks
$
1,541,000
900,000
$1,864,302
$900,000
exported this week
Total.
Net Gain.
$32332
641,000
$964,30?
July holidays, has continued almost unin¬
The Bank of England lost £415,000 bullion
during the
terruptedly this week, being, as already stated, stimu
lated by the foreign news and by the very favorable week, but gained 4£ per cent in the proportion of reserve
to liabilities.
The Bank of France shows a decrease of
reports regarding the harvest and the growing crops.
Speculators appeared confident that the European com 5,300,000 francs gold and 4,125,000 francs silver. The
Bank of Germany since last report has lost
7,860,000
plications could not be otherwise than beneficial to this
marks.
The following exhibits the amount of bullion
country, enabling us to find a market for our produce at
in each of the principal European banks this week
and
comparatively high prices, and to transport goods which
at the corresponding date last year.
would be diverted from the Suez Canal across our conti¬
after
nent.
the
Free sales of stocks in
account,
our
market for
European
July 13, 1882.
the realizations by timid speculators, and the
of the strike among the freight handlers, made
only a passing impression upon the market, which rose
steadily.
The cliques took advantage of the strong tone to move
upward some of their specialties and the promise of much
higher figures for some of them may have induced out¬
side speculators to purchase.
The Pacific railroad stocks
and Pacific Mail were directly affected by the foreign
news, Minneapolis & St. Louis advanced on the story that
July 14, 1881.
Gold.
Silver.
Gold.
Silver.
£
£
£
£
progress
the Rock Island had
Bank of England....
Bank of France
Bank of
Germany...
Total this week
Total previous week.
23,737,941
26,653,743
38.742.088 46,242,151 25,217,552 49,402,470
7,025,750 21,077,250
7,213,000 21,639,000
69,505,779 67,319,401 59,084,295 71,041,470
70,231.265 67,760,101 59,923,805 71,048,659
The above gold and silver di vision of the stock of cdtn of the Bank
Germany is merely popular estimate, as tne Battik itself gives no
_
ot
information
on
that point.
The
and
obtained
following will show the relative prices in London
New York of leading securities at the
opening each
control, St. Paul Minne¬ day.
apolis & Omaha moved upward by reason of large earn¬
July 11.
Julv 10.
July 12.
July 13.
July 14.
ings and the favorable condition of the property, Rochester
Lond'n N.T. Lond'n N.T. Lond'n N.T. Lond'n N.T. Lond'n N.T.
& Pittsburg rose in consequence of a story that the stock
prices* prices. prices.* prices. prices* prices. prices.* prices. prices.* prices.
was wanted
for control by the Wabash and the New
119
11931 118% 11882 118%
tJ.S.4s,c. 11919
118-94 118% 11882
118*
York Lackawanna & Western, St. Paul sharply advanced U.S.3*s 10087 ioo* 100-97 100* 100 97 100* 1C0-34 101% 100-34 101*
37
Erie
36-51
37
36-79
37*28
38-18
39-28
38%
39*
37*
on a report that the
arrangements for the stock dividend
2d
9525
95 35
95 35
95*94
9692
95*
95%
96*
95%
97*
Cent. 135 92 136* 18643 137
136*43 136% 137 06 137
137-30
were completed, and
137*
the Eries started upward in conse¬ Ill.
N. Y. C.. 13213
13363 133*
13412 133*
132* 13276 132* 13276 133
2934+
quence of covering in this market of stock sold.in LondoD. Reading 29311 59* 2934+ 59
58% 2997+ 58% 29-37+ 58*
On Thursday afternoon, when the report came of a ffixch’ge,
cables.
4-89
4-89
4‘88*
4-89*
4-89*
panicky condition of the London market, prices yielded
Expressed in their New York equivalent.
+ Reading on basis of $50. par value.
to the pressure of free sales and the market was more or
The Assay Office paid $254,524 through the Subless unsettled ; but on Friday there was a generally strong
Treasury during the week, and the Assistant Treasurer
tone, with further advances in special stocks.
received
the following from the Custom House.
Money has been in abundant supply during the week.
The only feature about this branch of the market is that
Consisting of—
Date.
banks are indisposed to make time loans running beyond
Duties.
Silver
U. 8.
Silver
Gold.
Dollars. Certificates.
Notes.
September, except at full rates, and commercial paper of
$810,933 28
$562,000 $101,000 $1,000
long date is not desirable. Evidently banks and other July 7...
$144,000
8....
358,590
99
82,000
213,000
34,000
1,000
lenders look for activity early in the fall, and from pres¬
10....
56.000
605,104 78
410,000
143,000
ent indications they will not be disappointed.
11
The 114th
683,000 115,000
985,016 20
186,000
12
1,000
111,000
583,048 89
360,000 111,000
call for $15,000,000 bonds will mature August 1st, and
13....
532,627 20
299,000
57,000
176,000
the next call will be the 115th, for $16,000,000, issued this
Total...
$3,875,321 34 $2,557,000 $477,006 $3,000
$842,000
week, which will fall due September 13. Meantime the
con.
♦
“
“
“
...
“
...
“
banks will
have to meet the
drain
from
the West for
which in all probability will soon com¬
mence, as the new wheat is now moving into the grain
-centres rapidly.
The immediate future of the money mar¬
ket depends greatly upon the condition in which the
European markets may be placed by the poli tical com¬
plications. * The Treasury operations for the week have
resulted in a loss, which is a gain to the banks, of
$323,302 17.
There is little change to note in the domestic
exchanges and the interior movement is shown by the
following.
crop purposes,
RAILROAD
EARNINGS IN JUNE, AND FROM
JANUARY 1 TO JUNE 30.
For the first time in thirty-seven months our monthly
statement of
earnings shows a decrease as compared with
the previous year, the upward movement having been in
uninterrupted progress ever since May, 1879. And yet,
strange as it may seem, this latest exhibit will be accepted,
and with reason, by the vast majority of persons as fully as
encouraging as any of its predecessors. Statements of
earnings, though valuable in themselves, should always
be interpreted in the light of the surrounding circum¬
Received.
Receipts at and Shipments from N. T.
Shipped.
stances and conditions of trade, traffic and business.
In
Currency
$1,526,000
$864,000 the
present instance especially is it necessary that this
Gold
15,000
36,000
should be borne in mind, since though there is a diminution,
Total
$1,541,000
$900,000
that is not at all the surprising feature in the figures—that
The Bank of America received $600,000
gold on was long since recognized as inevitable ; but what is sur¬
account of the associated banks, and paid out
nothing.
prising is, that with all the conditions of business unfa¬
The bank statement of last week was made on
rising vorable the roads should have kept up their^eamings so
Averages for specie. Considering this fact the following well that in the aggregate the loss reaches only a nominal
will indicate the character of this week’s return.
figure. What with the great deficiency in the grain
,
15,
July
crops,
1882.1
of this source of traffic
bringing the movement
down to infinitesimal proportions
months of the crop year, the contrac¬
tion in the cotton movement, the hesitancy and inac¬
the extent of
tivity characterizing general trade
which affects the business of the railroads in no imma
terial degree, and the marvelous earnings last year in
June
when larger totals than ever before were
reached—what with all these influences to con¬
tend with, it
was supposed that a very large
falling off in earnings would be witnessed, and having this
possibility in mind we suggested to our readers some
months since that it would be well to be prepared to see
the railroads
during the closing
0Ver
smaller receipts
closely to each other. The Northwestern roads, taken
altogether, make very satisfactory exhibits, notwithstand¬
ing the tremendous falling off in the receipts of grain
at Western ports.
The Chicago Milwaukee & St. Paul
has a decrease of only $109,811 on earnings of last year
$700,000 above those of 1880. The Chicago
& Northwestern has a decrease of $283,740, on earnings
of last year $635,263 above 1880.
This large increase
last year not only bears out our remark above about the
generally heavy earnings in June, 1881, but also demon¬
strate how small the present decrease is, relative to the
pretty nearly
The actual result
than a year ago.
gratifying surprise. With the customary
which however cannot be counted on
contributing much to earnings, since new mileage
always affords but a light traffic in its early years, there
is a decrease of only about $150,000 in earnings, or less
than one per cent.
We think that making allowance for
all the adverse circumstances, there are few that will
consider such a showing other than very favorable. The
figures for each road are given in the following table.
presents a
in mileage,
increase
65
CHRONICLE.
THE
as
large increase then. Perhaps it will be remarked that
mileage is considerably heavier than two years ago. That
is so.
But even on a mileage basis, with its light traffic on
the new road, the earnings make a good comparison with
1880.
At present the St. Paul operates 4,263 miles ; in
June, 1880, the mileage was about 3,000 miles—increase
1,263 miles, or 42 per cent. Earnings in June this year
are $1,620,000 ; in June, 1880,
they were $1,037,958—
increase, say, $582,000, or 57 per cent. Thus the ratio
of increase in earnings is greater than in mil sage.
In
other words the St. Paul earned $380 per mile in 1882,
mile in 1880, and in 1880 there were
On the Chicago & Northwestern the earn¬
EARNINGS AND MILEAGE IN JUNE.
ings per mile are smaller than in 1880, being $616,
Mileage.
,Gross Earnings.
against $670, but it is to be noted that the mileage earn¬
Increase
Name of road.
ings on this road are much heavier than on the St. Paul,
1882. 1831.
1881.
1882.
so that comparing the new mileage with the old the dis$
$
$
—50,550 1,820 1,667 arity between the earnings must have been much greater
1,147,000 1,197,550
Ateh. Top. & S. Fe
564
620
+ o,345
205,912
211,257
Burl. Ced. Rap. & No.
in the case of the Northwest than in that of St. Paul,
146
-7,530
33,551
20,021
Cairo & St. Louis
300
383
-41,601
97,131
55,5.10
Central Branch U. P.
190
244
requiring consequently a much larger increase on the old
4-10,711
89,918
100,629
Central Iowa
2,634
2,994
+
79.619
2,239,000 2,159,381
Central Pacific
lines to make good the shortage of earnings on the new
430
504
+ 19,613
241.135
200,753
Chesapeake & Ohio..
840
847
-21,974
613.886
635,860
lines and maintain the former average per mile.
Chicago & Alton
220
230
-12,264
144,879
132,615
Chic. & Eastern Ill
335
335
+ 30,423
115,581
146,001
The Burlington Cedar Rapids & Northern has slightly
Chic. & Gr. Trunk!...
-109,311 4,263 3,803
Chic. Mil
& St. Paul. 1,620,000 1,729,8 LI
-283,740 3,285 2,778
Chicago & Northwest. 2,022,700 2,306,440
larger earnings than last year, though then they were over
946
-41,453 1,042
404,562
363,109
Chic. St. P.Minn. &O.
144
144
+
7,68'(
35,48 l
one-third greater than in June, 1880. The St. Paul Min¬
43,171
Cleve. Ak. & Col
322
322
+ 12,127
204,277
216,404
Col. Hock. Val.
Tol.
766
1,066
-46,768
534.230
537,462
Deny. & Rio Grande..
neapolis & Manitoba is still getting the benefit of the mar¬
87
87
—6,72:->
22,321
15,596
Des Moines & Ft. D,*.
222
222
+8,837
velous stream of immigrants wending their way to the
79,160
87,997
Detroit Lans’g & No.*
900
900
+ 4.190
204,208
208,398
East Tenn.Va. & Ga..
144
157
4.061
55,039
Northwest, and its earnings continue to reflect the large
59,100
Evansv. & T. Haute..
1,456 1,406
+ 15,147
851,014
866.161
Gr. Trunk of Canadat
807
807
business it is doing.
On earnings of $405,321 last year,
+ 16,733
360,236
376,969
Great West’n of Can.t.
219
219
—3.9 42
27,140
23,198
Gr. Bay Win. & St. P*
292
292
there is thisyear again of $451,096, or fully 110 per cent.
—35,710
190,740
155,030
Hannibal & St. Jos...
88
111
+9,531
13,813
23,344
Houston E. & W. Tex.
919
The Chicago St. Paul Minneapolis & Omaha exhibits a
919
-108,470
629,280
520,810
Illinois Central (Ill.)..
402
402
-31,671
174,607
142,936
Do
(Iowa lines)..
decrease of 10 per cent, or $41,453, but last year’s June
544
544
-13,713
199,846
186,133
Ind. Bloom. & West...
625
731
+
65,290
172,004
237,29i
lntern’l & Gt. North..
318
362
earnings were unprecedented, the increase being no less
-7,193
110.753
103,560
Kan.City Ft.S.&Gult.
385
+ 3,173
127,996
131,169
Lake Erie <te Western.
than $186,469 on earnings of only $218,093 in June, 1880.
168
168
-920
28,058
27,138
Little Rock & Ft. S...
328
328
+ 29.961
176.8 45
206,809
To show how great was the contraction in the grain move¬
Long Island
-40,500 2,025 1,840
1,187,385 1,227,885
Louisville & Nashv...
87
87
+ 43,626
95,333
138,959
Marq. Hough. & On.*
ment, as compared with a year ago, and what an impor¬
250
275
+ 21,837
47,731
69,568
Milw. L. Sh. & West..
880
1,226
+
49,298
40G,606
455,904
tant influence the diminution must have been to all the
Mo. Kan. & Texas
796
894
—72,310
607,998
535,688
Missouri Pacific
506
528
-3,945
136,517
132,572
Mobile & Ohio
grain-carrying roads, we annex the subjoined table of the
316
394
+58,542
231,518
290,060
N. Y. & New Engrnd.
428
423
+ 13,214
156,888
170,102
Norfolk
Western...
receipts of flour and grain at the leading lake and river
754
1,298
+ 219,318
412,024
631,342
Northern Pacific
200
200
+ 22,159
60,506
82,665
ports for the four weeks ended July 1.
Ohio Central
128
128
+ 481
25,297
25.778
against only $346 per
no
short crops.
GROSS
<3
or
Decrease.
146
■
w.
3
+
385
<fe
..
Ohio Southern
Peo’ia Dec.&Evaus v..
Rochester & Pittsb...
St.L. A.&T.H. m.line.
Do do (branches).
St.L.IronMt. & So...
St. Louis & San Frau..
St. Paul Miun. & Man.
Scioto Valley
Texas & Pacific.
Tol. Delphos & Burl..
Union Pacific
Wab. St. Louis & Pac
53,690
23,870
91,351
51,391
529.700
241,226
856,417
41,983
334,712
67,647
474,302
260,254
Three weeks oiny
254
+ 6,7 60
108
—30,645
+ 1,259
+55,398
195
121
723
661
+ 2,889
+ 99,407
39.094
285,305
+15,3 43
-410,000
52.404
1,149.682
144,283
129,720
—159,310
+ 14,563
912
-
127
243
103
195
121
636
597
718
100
395
800
285
3,594
3,350
3,346
2,479
1,05 4
'
534
53 4
of June iu each year,
—158,523 45,+51 40.341
t Four weeks coded July 1.
point that will probably attract attention in the
above table in the case of the individual roads, is the small
difference between the figures in the two years.
Out of
the fifty-seven roads in the table, there are only seven that
report a difference of over $100,0(50 in amount, counting
both increase and - decrease.
All the others show, as a
The first
rule,
very
increase
or
small changes.
Of course the percentage of
decrease fluctuates
cant that in amount
RECEIPTS OP
FLOUR AND GRAIN FOR
bush.
bbls.
Chicago—
1S82
....
151.030
205,643
1881
Milw'kee—
228,933
1882
1881
329,754
St. Louis—
81,385
1882
103,266
1881
Toledo —
1882
....
quite widely, but it is signifi¬
the two years
should approximate so
bush.
Rye,
bush.
3,696,361 1,919,330
2,284,615 10,577,221 4,264,211
108,750
58,908
56,830
50,281
72,525
133,148
23,100
29,552
506,212
256,630
154,080
1,560,735
68,520
271,791
486,412
894,686
836,160
500.197
2,651,025
641,093
9,765
4,413
3,940
8,231
721,639
919,254
161 606
1,304,100
45,522
67,263
2,250
400
123,737
53,653
27.074
51 ,S07
4,656
4,216
....
....
Clovel’d—
1882
188L
Peoria—
1882
1881
Duluth—
18a>2
1881
....
....
....
....
....
Total of all
18-1
Earley,
....
....
1882
Oats,
bush.
....
Detroit—
1882
188L
ENDED JULY 1.
340,805
....
1881
FOUR WEEKS
Corn,
bush.
Wheat,
Flour,
....
22,648,158 22,806,681
Total
+ 3,704
-19.028
+ 451,096
405,321
2,593,00c
1,308.992
2.183,000
Wisconsin Central....
*
49,986
19,110
121,996
50,132]
....
3,340
290,775
239,423
8,354
26,391
37,000
166,950
80,962
4,325
2,125
950
500
*
423,050
643,400
17,650
51,340
50,050
9,550
5,490
7,068
17.645
430,750
34,900
1,587,475
10.250
8,000
132.972
165,031
497,863
2,555,314
-
*e»7
i
H
I!!-
83,S23
44,8.50
58,824
9,897
9,003
5,555,091 3.184.660
i
P1 ^
A4 *
217,671 134,870
inn
Os*
Ml
66
THE CHRONICLE.
The total
receipts of all kinds of grain were thus only
11,647,609 bushels this year, against 28,951,453 bushels
last year, a decrease of 60 per cent, besides a falling off of
200,000 barrels in flour. The loss is in the three items of
wheat, corn and oats. Especially heavy is the shrinkage
in corn, of which the receipts were this year only
5£ mill¬
ion bushels, against over 16£ millions last
Of
year.
wheat the receipts were only
millions, against 6 mill¬
ions, and of oats 3 millions, against 6 millions. Chicago
has/ without doubt, suffered most from this diminished
grain movement. It lost 7 million bushels on corn, over 2
million on oats, and almost 2 million more on wheat.
That is, it had total receipts of only 6,122,076
bushels,
against 17,235,236 bushels in the corresponding time in
1881.
The decrease at the other
receiving ports is much
less
pronounced.
With such
a
decline in
the movement at
Chicago,
no
wonder that the roads
leading to that point have smaller
earnings than a year ago. The decrease in earnings is not
confined to what are commonly called the “ Northwestern
roads5’ to Chicago, but those
leading south and southwest
from that
Central
city also share in the decline.
on
its main line records
Thus the Illinois
falling off of $108,470,
The Chicago & Alton has a much
about $22,000. The Chicago &
Eastern Illinois loses $12,264, or about 8
per cent.
The
Missouri Pacific which leads to St.
Louis, loses $72,310,
or 12 per cent.
The Wabash St. Louis & Pacific shows
a
falling off of $159,310, though pretty nearly 900 miles
more road were
operated this year than last; but this
additional mileage, it should be said, adds
proportionately
very much less to earnings than to mileage, so that with the
mileage the same in both years—the additional mileage, be
it understood, does not consist of new road built, but of old
road acquired—the decrease amounts to a little less than
$300,000.
The Hannibal & St. Joseph loses $35,710 for
the month, but the officers of the
company state that
a
about 16 per cent.
smaller loss, or only
or
winter wheat is
now
being cut and that in
a very
time
short
they expect a heavy traffic over their line. This re¬
mark will probably
apply to many other roads similarly
situated..
[Vol. XXXV.
The Pacific roads
not
conspicuous for their gains
previous months. The Northern Pacific has its
customary increase of a little over $200,000, but the Cen¬
tral Pacific gains only $79,619, while on the Union
Pacific
there is a decrease of about $400,000.
On the latter the
increase last June was very heavy—over $660,000.
The
Atchison Topeka & Santa Fe records a decrease of
only
$50,000 on earnings of last year over $450,000 above
those of June, 1880.
Among the trunk lines, the Canadian roads all report better
earnings than last year, though
this is probably the result more of an increase in
passenger
receipts than in freight receipts. On the Great W estern,
for instance, there was an increase of $8,614 from
passen¬
gers, and $6,725 from freight; while on the Chicago &
Grand Trunk there was actually a decrease of
$16,462 in
freight, against an increase of $46,885 from passengers.
The Indiana Bloomington & Western, which is to some
extent affected by the course of trunk-line
traffic, reports
a moderate
decrease; while the St. Louis Alton & Terre
Haute, which runs east from St. Louis, again has a heavy
decrease, though with an augmentation in the volume of
traffic to St. Louis on account of the better
crops in the
Southwest, the latter road should soon cease to show a
falling off in receipts. The Michigan roads in our list'
appear to be doing well.
The Detroit Lansing & Northern
has a small increase, while the
Marquette Houghton &
Ontonagon is conspicuous for a very large increase. In
Wisconsin, the Wisconsin Central and Milwaukee Lake
as
in
are
so
some
Shore & Western have
larger receipts than a year ago;,
Bay Winona & St. Paul sustains a
decrease.
The Long Island is still swelling its
earnings
largely, and so is the New York & New England, whose
carrying capacity is said to be taxed now to the utmost.
The roads in the South,
notwithstanding a smaller cot¬
ton movement, have
earnings not materially different
from those of June, 1881..- The East Tennessee road re¬
cords a gain of about 2 per cent, the Louisville & Nash¬
while
the Green
ville and Mobile & Ohio
loss of about 3 per cent; on the
there is an increase of about 8 per
To show the influence of the cotton movement in
a
Norfolk & Western
cent.
The winter-wheat harvest is believed to be
un¬
the two years, we give the following table of the receipts
precedented both in quality and quantity. Take Kansas, at the Southern outports in June, 1882 and 1881. New
for instance.
According to the State Agricultural Bureau Orleans, Norfolk and Galveston, it will be seen, suffered
Kansas expects a crop of 30,264,000
bushels, or five mil¬ the heaviest diminution.
lions above the crop of 1878, the
largest ever raised in RECEIPT8 OF COTTON AT SOUTHERN PORTS IN JUNE, 1882 AND 1881.
that State.
This crop is now
being harvested in fine con
1882.
1881.
Difference.
dition, and before long such roads as the Hannibal & St.
Galveston
bales.
Dec....
2,411
11,933
9,522
Joseph, the Missouri Pacific, the Wabash, and the
22
Indianola, <fcc
70
92
Dec....
New Orleans.
Dec.... 25,084
20,688
45,772
Chicago & Alton, must feel the effect and show it in their Mobile
40
3,445
Dec....
3,485
Florida
10
2
8
Iuc..
earnings.
Savannah
7,726
Dec....
9,124
1,698
■
..
But Kansas
is not
alone in this
respect. All other
winter-wheat producing States have a similar
story to tell.
The Southwest, however,
appears to have been especially
favored as respects
good crops of every description, and
this will not only soon be a
very favorable influence to all
roads
that connect
Brunswick, &c
60
Charleston
Port Royal, &c
Wilmington
Morehead City, &c
Norfolk
City Point, &c
Total
with that
For the first six
promising section, but is
already swelling the receipts of those within the district. earnings presents a
60
9,685
1,231
17,486
1,142
Lie
Inc..
Luc..
Dec....
Dec....
Dec....
Tuc..
52,633
95,776
Dec....
year, our
statement of
....
6,885
4,814
29
389
52
1,409
months of the
22
195
..
..
..
2,on
7
1,020
143
7,801
89
43,143
satisfactory showing. Altnough
Vanderbil\ roads are included in the
list—namely, the Lake Shore and the Michigan Central,
the case with the Iron
Mountain, the Missouri Kansas & with a decrease of $1,091,226 between them—the total
Texas, the International & Great Northern, and the Texas decrease is less than 2
millions, against which there is an
& Pacific.
Yet the effects of the increased
increase
of
19
crops were
millions, making a net gain of over 17
only partially felt in June ; they are daily becoming more millions, or nearly 14 per cent.
There are only 10 roads
pronounced, so that the promise is for still heavier gains altogether that have a decrease, and in almost
every case
in the future.
The St. Louis & San Francisco lost these are roads that were either
affected by the smaller
All
the
Southwestern roads in the Gould
system, for
illustration, show for June fair gains over last year. This is
very
two of the Western
$19,028 in June, but in the fourth week of the month cotton movement in the South or roads that have suffered
was an
increase, though the road does not derive as from the contraction in the volume of trunk-line traffic.
much benefit from the
good crops in the Southwest as the The following is our usual table showing the figures of
there
Iron Mountain
or gomt
of the other Gould roads.
individual roads.
Name
•
*
*
GROSS
EARNINGS PROM
/'
.
1882.
of Road.
& Santa Fe ..
Cedar Rap. & No...
Brancli Union Pac.
170,018
382,312
546,171
Central *••**■*•
12,176,568
1,388,490
Cairo
Cent.
oh* jljuuio-...*•• -
Central Iowa
Chesapeake <fe Ohio
3,424,584
Chicago « au-vu - - - - • - - * •
814,510
9,140,000
10,504,499
Chio.« Eastern Illinois.
Chicage Milw. & St. Paul
Ohioaio <fc Northwest....
Chic.St.P.Minn.&Omaka.
Cleve. Ak. & Col
Col, Bock. Val. & Tol—
Denver & Rio Grande....
Deo Moines A Ft. Dodge*
Detroit Lansing & No* ..
Grand Trunk of Canada.
Great West’n of Canada..
Green Bay Win. & St. F*.
Hannibal & St. Joseph...
Houst. E.&
ni
235,461
1,265,703
3,151,633
W. Texas....
Gil. line)
.
166,272
728,900
5,321,895
2,412.610
172,427
904,278
122,323
3,201.330
_
905,425
leased lines).
(la.
Do
2,217,433
.
.
t'
' ' '
.
1831.
•
$
6,800,718
1,291,399
Atoll. Tod.
7
JANUARY I TO JUNE
$
Burl.
5,396,206
760.457
7,118.801
9,042,724
1,683,927
203,317
1,038,648
2,555,757
45,527
581,375
5,366,205
3
2,584.05b
166.453
1,008,133
66,010
3,065,375
787.833
1,146,643
761,731
657,780
637,888
8,026,200
8,954,026
North
City Ft. S.
Lake Shore
& Mich. So..
raln.nfl
T.^no1
Nashville...
Marq. Houghton & Out.*
Michigan Central..
Milw. L. Shore «fc West’n.
Louisville
Texas
Missouri Pacific
Mo. Kansas <Si
New
York Si N.
—
England.
Rochester & Pittsburg..
St.L.A.&T. H. main line
Do
do (brauehes)..
St. L. Iron Mt. Si South’u.
St. Louis & S. Francisco .
St. Paul Minn. & Man —
Scioto Valley..'
Texas <fc Pacific
Toledo Delphos & Burl...
Union Pacific
Wabash St. L. & Pac
6,064,664
5,477,515
423,093
4,177,500
$
1,404.512
227,879
4,340,000
92,367
178,626
54,053
2.021,199
533,506
32,144
227,055
595,876
‘20,745
147,525
5,974
........
56,313
137,955
117,592
5,787
199,195
73,843
32,191
352,101
3,215,579
1,299,234
274.791
1,766.288
9,3 L 7
106,539
716,245
368,381
2*.
364,272
135,944
580.720
386,531
3,231,303
1,513,849
3,63 i,034
3,335,429
1,461,671
1,948.280
234.262
164,963
2,062,824
1,732,446
436,146
13,099,000
7,411,248
282,437
10,961.000
6,227.286
923,006
661,887
Name.
103,855
........
Burl. Cedar Rap. &
Do
do
1881
Chesapeake A Ohio... .1882
........
Gr. Trunk
Do
162,500
........
do
Marq.
1881
do
Do
46.041
89 705
1,080,142
353 885
176.570
194,744
193,809
02 295
1,127.737
1,054,983
253.819
53.426
24.790
18.823
*33,903
150.079
123,206
59,139
24,001
7.970
def.9,832
72.740
54.3-4
58,178
0 •, 164
10,356
78.590
58,397
20.10»
560,283
522,347
57,6)80
178,224
70,:»77
791.120
£
-
871,218
885,277
122,357
9,501
£
217,348
202,774
*
*
4,897.279
4,249,631
1,977.816
l,43b,995
120 544
35.460
35.517
329.353
135.554
104 430
100,015
51.3(3
64.415
767.671
924 075
.1882
1881
289.722
195.167
94 555
217.180
160.694
50,492
1,249 589
1,009 480
Norfolk & Western... .1882
185,322
149,603
77.5560.931
850.115
838,241
831.007
193,3:2
180,234
2.168.90*
703.778
405,598
107,764
88,672
208,855
285,354
2.174,580
808,770
4.108.S77
2.342.OSS
1,706.789 18.557. 91
1,688,6 0 17,;46,402
129.780
1,383.550
139,280
1,372,442
6.655.789
700.938
7.9,5^4
7.810. :fr\
7.429 793
19,612
46.331
4,969.140
3,041.512
3,031,351
188,357
4,422,511
274.423
100,935
643,304
393,240
320,322
129.992
100.327
England.
do
Do
do
1881
Northern Central
do
Do
.1882
1881
Do
........
........
81.193
482.607
359,990
374,600
........
135,525
........
104,126
Penn, (all
Pitts. &
Do
lines east of
Erie)
....18S2
188.
do
do
Do
1,682,754
........
........
i;i83;982
266,119
.1881
188
Phila. & Erie
Philadelp’a & Reading.
do
Do
Phila.A Read. C.& Iron
do
Do
West Jersey
Do
*
18-
188*
188i
51,389
152,323
Utah Central
Do
IS-'
2.169.297
212,035
341.415
204,454
343,742
942.534
1,703.469
909.278
1,689,802
1,174,510 1.154.898
916,127
902.458
3,850,897
do
1881
do
1892
1881
281,853
Gross
net earnings than in
and Erie, but for the
is still very heavy—in amount
May, but is still ahead of last
year on the five months’ exhibit; on the Coal Company,
notwithstanding very much larger gross earnings, net
earnings are below last year both for May and the five
months.
Buffalo Pittsburg & Western maintains the
large gains of previous months, and Burlington Cedar
Kapids & Northern added $6,246 in May to its previous
gain of $171,063, making the total increase in net for the
five months $177,309.
The Marquette ’Houghton &
Ontonagon, a road situated on the northern peninsula of
Michigan, and which is enjoying unusual prosperity at
present, had larger net earnings in May this year than
gross in May, 1881—that is, it earned net $120,544 this
May, while last year it earned but $70,977 gross, and
only $35,460 net.
Louisville & Nashville increased its net in May about
$83,000, raising the gain to $541,000 for the five months.
Approximate returns for June make the net in that month
$550,000, or about $23,000 below the June net last year.
This would leave a gain in net of $518,000 for the six
months.
The Nashville Chattanooga & St. Louis reports
a decrease in gross and net for both May and the five
months, but the decrease is much smaller in the net than
Net
Operating
Earnings Expenses. Earnings
474,995
207.000
193.490
*
188 90(
181 505
72,400
49,900
22,500
S
895,900
Co. .1882
1881
Oregon & California... .1882
Oregon R’y & Nav.
Do
do
$
Gross
*65 272
*
Inoluded $ 18,651 for new
56,480
Gross
30.
Net
Earnings Earning9
*
2,240.500
1,760,288
*
937,870
700,600
-
Jan. 1 to April
Net
Operating
Earnings Expenses. Earnings
Evansv. & Terre Haute.1882
Do
do
1881
477.643
-
....
April.
NAME.
7,508.611
446.203
Jan. 1 to June
June.
Name.
small loss in net for
*
3-9.717
306.3-0
$
*
950.000
828.725
do
1881
Nash. Chat. & St. Louis 1882
Do
do
1881
June in eaoli year.
the loss
£
£
127,488
119,553
,
S
$
163,337
71,541
185.060
180.717
Houghton & On.. 1882
Do
$852, 822. The Northern Central also had larger net
earnings than in May, 1881, but, like the Pennsylvania,
has a large decrease for the five months—loss $164,992.
The Philadelphia & Reading on the Railroad Company
257.039
252.235
.1882
1881
Canada..
N. Y. & New
........
1881
do
Louisville & Nashv... .1882
the first time this year has larger
1881 on its lines east of P ttsburg
a
of Canada.. .18*2
Do
earnings on the few roads reporting are now to
hand for May and the first five months, and as in
previous months we have varying results, though in the
main the returns are favorable.
The Pennsylvania for
shows
199,278
165,630
.1882
1881
& Ft. D...
do
Gt. West, of
Net
months
Net
Gross
807.963
243,904
17,026,661
Three weeks only of
fiva
*
35.357
22 35*
£
140,010,938 122,984.277 19,022,297 1995,636
Total
Net increase
1881
do
Des Moines
Do
52,178
69,299
330,378
153,709
2,135,000
No..l&82
........
1,286,807
18,200
Net
Operating
$
66.876
50.813
Buffalo Pitts. & West.. 1882
Do
do
1881
Do
298,651
25,088
........
•
*
31.519
28,400
153.237
125,835
........
230,172
84,955
29,405
Gross
May 31.
Earnings Earningt
Eapiings Expenses. Earnings
182.355
181.195
474,212
Jan. 1 to
May.
110,508
607,149
195,214
3,033,224
DATES.
........
928,726
........
EARNINGS TO LATEST
GROSS AND NET
44,310
171,446
2,295,223
995,129
Oregon Railway & Navigation reports slightly larger
earnings in June this year (both gross and net); for the
half year there is quite a heavy augmentation.
The fol¬
lowing table furnishes the gross and net earnings of all the
roads that will supply monthly statements for publication.
1,461,775
2.647,327
1,539,649
1,020,217
2,586,041
455,986
2,24'),500
•••!■•••
155,715
168.076
1,117,899
1,240,998
the decrease for the
37,280
77,696
239.467
407,543
Wisconsin Central
*
625,589
811,352
837,727
Norfolk & Western
Northern Pacific ..
Ohio Central
Oregon Railway
Nav..
Peoria Dec.<fe Evansville
1,143,763
921,860
.
$
1,286.644
& Gulf..
Lake Erie & Western
ftt,.
Kan.
Decrease.
10,889,924
1,296.123
3,245,958
Bloom. & West..
Tnf
Increase.
294,367
in expenses. The
May $16,627, and
five months is thus only $42,993.
in the gross, on account of a reduction
Norfolk & Western increased its net in
30.
997,032
207,298
460.00S
390.456
1,152.135
1,342,958
Indiana
67
THE CHRONICLE.
1882.]
July 15,
Gross
80.
Net
Earnings Earnings
*31.302
*33.890
def. 2,428
58.908
steel rails.
HEAD-MONEY TAX ON
IMMIGRANTS.
notwithstanding the pressure of business
of the session, the Senate will not
omit to pass the House bill imposing a head tax on steam¬
ship companies of 50 cents for each emigrant brought to
any port of the United States.
The bill promises to dis¬
pose satisfactorily of the long troublesome subject of caring
for emigrants arriving at this port.
The unprecedented
increase in immigration during the last two years is well
known, and the great bulk come in at New York. For
example, in the calendar year 1881, the total arrivals
were 720,045, this port receiving 461,131, or 63 per cent;
Huron, Michigan, came next, with 72,117, or 10 per cent;
Boston next, with 49,850, or 6f per cent; Baltimore next,
with 46,998, or
per cent; Philadelphia next, with
We
hope that
incident to the close
36,236, or 5 per cent.
and port is neces¬
the responsibility of looking to it that, in
and by some authority, the immigrants are
It thus appears
sarily thrown
some
manner
that upon this State
land-sharks on their
arrival, the immediate consequence of the lack of protec¬
tion being that thousands would speedily become a public
charge here. Yet it is too plain for argument that the
immigrants arriving here, or at any other port, are no
more for the special benefit of the port or State than the
cared for instead
of being left to
68
THE
CHRONICLE.
imported merchandise so arriving is. According to the
estimates made by the Emigration Commissioners, fully
three-fourths of the immigrants arriving in New York in
1880 held prepaid tickets to their destination; and of the
entire 327,371 entering this port in that year 112,119
went directly West, 63,368 went East, and
only 137,561
(42 per cent) remained in this State. It may also fairly
be urged that, at least to a pretty large extent, the most
desirable of the immigrants—those
possessing industrious
habits and some cash—pass on, while the least desirable,
including the criminals, the lazy, the paupers, beggars,
and determined non-workers, remain to swell the trouble¬
some population of the
metropolis.
This fact, as far as it goes, is another
proof that this
State should not be taxed with the cost of
providing for a
movement in which it has no peculiar
concern, other than
that of self-defence against the evils
inevitably following
neglect to have effective provision. Accordingly, as our
readers know, efforts have been repeatedly made to
put
the burden of cost upon the carriers that
bring the immi¬
grants and derive the first and most immediate advantage
from their coming.
But the State laws were resisted and
overthrown by the Supreme Court, as was
inevitable, under
the constitutional reservation to Congress of all
regulation
of foreign commerce; and, since then, the
subject has
been more “at sea” than ever.
Recently, the Legislature
passed a bill appropriating $200,000 for Castle Garden
expenses. This the Governor held under consideration
for some time, but
finally signed. While the bill was still
in the Governor’s hands the
closing of Castle Garden
seemed imminent, so the steamship
companies, although
they had very recently refused to pay the 50 cents required,
wheeled one by one into line and agreed to
pay for the
,
present rather than have their human cargoes to arrive
a
trouble upon their hands.
Here comes in the new
bill, which passed the House
almost unanimously, under suspension of the rules.
It
makes no mention of New York, of
course, but applies
equally to all ports where emigrants may arrive." It
imposes a head tax of 50 cents, to be paid to the nearest
Collector of Customs and to constitute a special
immigrant
fund, under control of the Treasury Department; this tax
is made a lien upon the vessel, to be enforced
by any
appropriate remedy. No more money shall be expended
for the care of immigrants in
any port than is collected in
such port.
The Secretary of the Treasury is charged
with executing the law, and is
given power to enter into
contract with any State
Commission, board, or officers
that may be designated for the
purpose by the Governor
of any State to attend to the care of
immigrants, and
such board or persons are given
authority to inspect all
arriving vessels. Convicts, lunatics, idiots, or other per¬
sons liable to become a
public charge shall not be per¬
mitted to land, but shall be returned in the same
vessel,
at its
expense, to the countries from where they came.
This bill ought to go
promptly and easily through the
Senate. Its constitutionality is
unquestionable, and, if
passed, it will be a happy settlement of the subject.
The
Bake Extension
of the
Comptroller of the Currency,
we are enabled to give our readers
of the act to enable national banks to extend
their charters, &c.
an
exact copy
An
Act to enable national bankingassociations to
THEIR CORPORATE EXISTENCE AND FOR
OTHER PURPOSES.
extend
Be it enacted by the Senate and House
of Representatives of the
Tfnited Slates of America in Congress assembled.
that any national
banking-association organized under the acts of
February 25th. 1863,
June_3d, 1864, and February 14th. 1880, or under Sections 5.133, 5,134,
0.135, 5,136 and 5,154 of the Revised Statutes of the Un'ted
States,
may at at any time within the two years next
previous to the date of the
expiration of its corporate existence under present law. and with the
approval of the Comptroller of tne Currency,
granted as herein¬
after provided, extend its period of succession to be
by amending its articles
of association for a term of not more than
twenty years from the exnir
ation of the period of succession named in said
articles of association
and shall have succession for suoh extended
period, unless sooner dis
solved by the act of shareholders owning
two-thirds of its st ck Ar
unless its franchise becomes forfeited by some violation of
law, or unlaw
hereafter modified or repealed.
Sec. 2. That such amendment of said articles of
association shall bs
authorized by the consent in writing of shareholders
owning not lees
than two-thirds of the capital stock of the
association; and the hoard of
directors shall cause such consent to he certified under
the seal of
association, by it* president or cashier, to the Comptroller of the tha
Cur
rency, acoompanied by an application made by the president or
cashier
for the approval of the amended articles of association
by the Comntroller; and such amended articles of association shall not be
valid
until the Comptroller shall give tosuoii association a
certificate under
his hand and seal that the association has
complied with all the pro¬
visions required to bo complied with, and is authorized
to have succes¬
sion for the extended period named in the amended
articles of associa¬
tion.
Sec. 3. That upon the reoeipt of the
application and certificate of the
association pr -Tided for in the preceding section, the
Comptroller of thi
Currency shall cau-e a special examination to be mnde, at the expense
of the association, to determine its
condition; and if, after suoh examin¬
ation or otherwise, it appears to him that said association
is in a satis¬
factory conditi >ii, he shall grant his certificate of approval
in the preceding section, or if it appears that the condition provided for
of said asso¬
ciation is not satisfactory, he shall withhold such certificate of
approval.
Sec. 4. That any association so extending the
period of its succession
shall continue
to enjoy all the rights and
privileges and immunities
granted, and shall continue to be subject to all the duties, liabilities and
restrictions imposed, by the Revised Statutes of the United
States and
other acts having reference to national
banking associations, and it shall
continue to be in all respects the identical association it was
before the
extension of its period of succession.
Provided,
however, that the
jurisdiction for suits hereafter brought by or against any association
established under any law providing for national
banking associations,
except suits between them and the United States, or its officers and
agems, shall he the same as, and not other than, the jurisdiction
for
suits by or against banks not organized under
any law of the United
States which“Klo or might do banking busiuess where suoh
national
hacking associations may be doing business when such suits may be
begun. And all laws and parts of laws of the United States inconsistent
with this proviso be, and the same are
hereby, repealed.
Sec. 5. That when any national
banking
association has amended its
articles of association as provided in this act, and the
Comptroller hag
granted his certificate of approval, any shareholder not
assentlug to
such amendment may give notice in
writing to the directors, within
thirty days from the date of the certificate of approval, of his desire to
withdraw from said associat on, in which case he shall be entitled
to
receive from said banking association the value of the shares so
held by
him, to be ascertained by an appraisal made by a committe of throe
persons, one to be selected by such shareholder, one
by the directors
and the third by the first two; and in case the vaiue so fixed shall not
he
satisfactory to any such shareholder, he may appeal to the Comptroller
of the Currency, who shall cause a reappraisal to be
made, whioh shall
be final and binding; and if said reappraisal shall exceed
the value
fixed by said committee, the bank shall pay the
expenses of said reap¬
praisal, and otherwise the appellant shall pay said expenses; and the
value so ascertained and determined shall be deemed to be a debt
due,
and be forthwith paid, to said shareholder, from said
bank; and the shares
so surrendered and appraised shall, after duo notice,
be sold at
puhlie
sale, within thirty days after the final appraisal provided iu this seoProvided, that in the organization of any banking association
intended tOTeplace any existing banking association, and
retaining the
name thereof, the holders of stook in the
expiring association shall be
entitled to preference in the allotment of the shares of the new associa¬
tion in proportion to the number of shares held
by them respectively In
tion.
the
expiring association.
circulating notes of any association
Sec. 6. That the
so
extending the
period of its succession which shall have been issued to it prior to suoh
extension shall be redeemed at the Treasury of the United
States, as
provided in section three of the act of June twentieth, eighteen hun¬
dred and seventy-four, entitled “An act fixing the amount of United
States notes, providing for redistribution of national bank
ourrenoy,
and for other purposes,” and such notes when redeemed shall be for¬
warded to the Comptroller of the Currency and
destroyed, as now pro¬
vided by law; and at the end of three years from the date of the exten¬
sion of the corporate existence of each bank the association so extended
shall deposit lawful money with the Treasurer of the United States suffi¬
cient to redeem the remainder of the circulation which was outstanding
at the date of its extension, as provided in sections
fifty-two hundred and
twenty-two, fifty-two hundred and twenty-four and flfty-twp hundred
and twenty-five of the Revised Statutes; and
any gain that may aria*
from the failure to present such circulating notes for
redemption shall
inure to the benefit of the United States; and from time to time as suoh
notes are redeemed or lawful money deposited
therefor, as provided
herein, new circulating notes shall be issued, as provided by t ils aot,
bearing suoh devices, to be approved by the Secretary of the Treasury,
as shall make them readily
distinguishable from the circulating netea
heretofore issued: Provided, however, that eaoh
banking association
which shall obtain the benefit of this act shall reimburse to the Treas¬
ury the co*t of preparing the plate or plates for suoh new circulating
notes as shall be issued to it.
Sec. 7. That national banking associations whose
corporate existenoe
has expired or shall hereafter expire, and which do not avail them¬
selves of the provisions of this act, shall be required to
oomply with tb«
provisions of sections 5,221 and 5,222 of the Revised 8tatures in the
same manner as if the shareholders had voted to
go into liquidation, as
provided in section 5,220 of the Revised Statutes; and the provisions
of sections 5,224 and 5,225 of the Revised Statutes shall also be appli¬
cable to such associations, except as modified by this aot, and the
franchise of such association is hereby extended for the sole purpose of
liquidating their affairs until such affairs are finally closed.
Sec. 8. That national banks now organized or hereafter organized,
a capital of $150,000 or less, shall not be required to keep on
deposit or deposit with the Treasurer of the United States United States
bonds in excess of one-fourth «f their capital stock as
having
circulating notes, but such banks shall keep
security for their
on deposit with the Treas¬
of the United States the amount of bonds as herein required;
and
such of those banks having ou deposit bonds in excess of that amount
are authorized to reduce their circulation
by the deposit of lawful
urer
money as provided by law: Provided that the amount of such oiroulating notes shall not in any case exceed 90 per centum of the par value
of the bonds
Aot.—Through the kindness
[VOL. xxxv,
deposited as herein provided: Provided further, that all
national banks which shall hereafter make deposits of lawful money
for the retirement in full of their circulation shall, at the time of
their deposit, be assessed, for the cost of
transporting and redeeming
their notes then outstanding, a sum equal to the average cost of the
redemption of national bank notes during the preceding vear, and shall
thereupon pay suoh assessment; and all national banks whioh have
heretofore made or shall hereafter make deposits of lawful money for
the reduction of their circulation shall be assessed and shall pay an
assessment in the manner specified in section 3 of the aot approved
June 20, 1874, for the cost of transporting and redeeming their notes
redeemed from such deposits subsequently to June 30, 1881.
Sec. 9. That any national banking association now organized, or
hereafter organized, desiring to withdraw its circulating notes, upon a
deposit of lawful money with the Treasurer of the United States, as
provided in section 4 of the act of June 20,1874, entitled “An act
fixing the amount of United States notes, providing for a redistribution
of national bank currency, and for other purposes,” or as provided in this
act, is authorized to deposit lawful money and withdraw a propor-
J01.Y 15,
THE
1883.1
bonds held as security for its oirculatiug notes in
2m order of such deposits; and no national bank which makes any
Sfomsitof lawful money in order to withdraw its circulating notes shall
entitled to receive any increase of its circulation for the period of
of* months from the time it made such deposit of lawful money for the
rwirDOse aforesaid: Provided, that uot more thau $3,000,0 )0 of lawful
nmnev shall be deposited during any calendar month for this purpose;
provided further, that the provisions of this section shall not apply
Pinnate
amount of the
69
CHRONICLE
of this oiroular, especially as to assignments and authority to assign.
Interest on the bonds surrendered will cease on the first day of August
next, aud the new bonds will bear interest from that date.
Th»
ha
envelopes should be addressed to the “ Secretary of the Treasury,
Division of Loans, &c., Washington, D. C.,” and marked “ Bouds foe
exchange into 3 per cents.”
The bonds should be ass gned to ths
Secretary
of
tho
Treasury
for
exohauge into
3 per
bond
is
desired In the
centum
bonds.”
Where
a
new
“
name
of
any
one
but the payee of the old bond, the
old bond
redemption by the Secretary of the Treasury, nor to should be assigned to the “Secretary of the Treasury for exohange into
the withdrawal of circulating notes in consequence thereof.
a 3 per centum bond in the name of.”
(Here insert the name of ths
Sec 10. That upon a deposit of bonds as descrioed by sections flftyperson in whose favor tho bond is to be issued.) The Department will
mie hundred and tifty-uino and fifty-one hundred and sixty, except as
pay no expense of transportation on bonds r oeived under the provisions
modified by section four of an act entitled “An act fixing the amount of this circular, but the bonds returned will be sent by prepaid regis¬
of United States notes, providing for a redistribution of the national
tered mail, unless the owners otherwise direct. The requisite blanks to
hank currency, and for other purposes,” approved June 20, 1874,
be used by national banks and other corpoi ations and institutions, to
and as modified by section eight of this act, the association making the
enable them to effect tue said exchange of bonds, may be obtained upon
same shall be entitled to receive from the Comptroller of the Currency
Charles J. Folger,
application at this office.
Secretary of tho Treasury.
circulating notes of different denominations, in blank, registered and
oountersigned as hereinafter provided, equal in amount to ninety per
oentum of the current market value, not exceeding par, of the United
States bonds so transferred and delivered, and at no time shall the total
Wiottetarg 1 ©0mme*xial gtxfllislx Utexxrs
amount of such notes issued to any such association exceed ninety per
centum of the amount at such time actually paid in of its capital stock;
and the provisions of section fifty-one hundred and seventy-one and
fifty-one hundred and seventy-six of the Revised Statutes are hereby RATES OF EXCHANGE AT LONDON AND ON LONDON
repealed.
AT LATEST DATES.
SEC. 11. That, the Secretary of the Treasury is hereby autlirizoed to
receive at the Treasury any bonds of the United States bearing three
EXOHANGE ON LONDON.
EXOHANGE AT LONDON-July 1.
and a half per centum interest, and to issue in exchange therefor an
equal amount of registered bonds of the United States of the denomina¬
Latest
Rate.
Time.
tions of fifty, one hundred, five hundred, one thousand, and ten thouRate.
Time.
On—
Date.
gand dollars, of such form as he may prescribe, bearing interest at the
rate of three per centum per annum, payable quarterly at the Treasury
12-05
Short. 12-1*3 312-2*3
July
l Short.
Amsterdam
of the United Slates. Such bouds shall be exempt from all taxation by
3 mos. 12-4*3 ®12"5
Amsterdam
or under State authority, and be payable at the pleasure of the United
25-20
25*45 325*50
July 1 Short.
Antwerp....
States: Provided, That the bonds herein authorized shall not be called
20-45
20*66
320-69
July
1
Hamburg...
in and paid so long as any bonds of the United States heretofore issued
20-45
20-68 320-69
July
1
Berlin
hearing a higher rate of interest than three per centum, and which shall
20-45
20-66 320-69
July
1
Frankfort...
be redeemable at the pleasure of the United States, shall be outstand¬
18-46
318*50
ing and uncalled. The last of the said bonds originally issued under Copenhagen.
23*3^23*4
St. Peterso’g.
this act, and their substitutes, shall be first called in, and this order of
2513*3
July
1 Short.
Short. 2512 *3 325*20
Paris
payment shall be followed until all shall have been paid.
25-16
3 mos. 25-40 325-45
July
1
Paris
Sec. 12. That the Secretary of the Treasury is authorized and
1200
12-12*3® 12-15
July
1
Vienna
direoted to receive deposits of gold coin with the Treasurer or Assistant
46*3® 4638
Madrid
Treasurers of the United States, in sums not less than twenty dollars,
46%® 46*3
and to issue certificates therefor in denominations of not less thau Cadiz
46*2®4638
twenty dollars each, corresponding with the denominations of United Bilbao
25-80
26-10 326-20
July 1 Short.
Genoa
States notes. The coin deposited for or representing the certificates of
517b®5134
Lisbon
deposit shall be retained iu the Treasury for the payment of the same
on demand.
Said certificates shall be receivable for customs, taxes, Alexandria
4-8*
July 1 Short.
New York...
and all public dues, and when so received may be reissued; and such
Is. S^d.
4 mos.
Is. 8d.
60 d’ys
July
1
Calcutta....
certificates, as also silver certificates,when held by any national banking
la. 8iled.
Is. 8d.
July 1
association, shall be counted as part of its lawful reserve; and no Bombay
3s. 10*id.
July
1
national banking association shall be a member of any clearing house in Hong Kong..
5a. 2t9cL
July 1
which such certificates shall not be receivable in the settlement of Shanghai....
clearing house balances: Provided, That the Secretary of the Treasury
shall suspend the issue of such gold certificates whenever the amount
TFrom our own correspondent.!
of gold coin and gold bullion in the Treasury reserved for the redemp¬
tion of United States notes falls below one hundred millions of dol¬
London, Saturday, Julyl, 1882.
lars; and the provisions of section fifty-two hundred and seven of the
Revised Statutes shall be applicable to the certificates herein authorOwing to a settlement on the Stock Exchange, which has
feed and directed to be issued.
been
a cause of considerable anxiety, and to the close of the
Sec. 13. That any officer, clerk, or agent of any national banking
association who shall wilfully violate the provisions of an act entitled, half-year, money has been more wanted, but a return of ease
“An aotin reference to certifying checks by national banks,” approved
is anticipated in the course of a few days. The dividends on
March 3,1869, being section fifty-two hundred and eight of the Revised
Statutes of the United States, or who shall resort to any device, or
receive any fictitious obligation, direct or collateral, in order to evade the public funds will soon be distributed, and there will be a
the provisions thereof, or who shall certify checks before the amount large supply of floating capital.
In the absence, therefore, •£
thereof shall have been regularly entered to the credit of the dealer
any important trade demand for money it is naturally expected
upon the books of the banking association, shall be deemed guilty of a
misdemeanor, and shall on oonviction thereof in any circuit or district
that during the summer months the money market will be in a
oourt of the United states, be fined not more than five thousand dol¬
lars, or shall he imprisoned not more than five years, or both, in the dis¬
very easy condition. The Bank rate remains at 3 per cent,
cretion of the Court.
while in the open market the quotation has improved to
Sec. 14. That Congress may at any time amend, alter, or repeal this
act and the acts of which this is amendatory.
to
per cent. The probabilities seem to be that the open
market rates of discount will somewhat recede, that the Bank
Secretary Folger’s Circular as to Exchanging the 3^ Per rate will remain unchanged, and that no feature will manifest
Cents.—The Secretary of the Treasury issued, on Thursday, itself until something can be ascertained respecting the extent
the 13th instant, a circular, addressed to all holders of 3^ per of the autumnal demand for money.
oent continued bonds, in which, after quoting the eleventh
Our general trade is still satisfactory, but there is room for
section of the bank charter act, approved yesterday (authoriz¬ improvement. Business with the United States has not been brisk
ing the issue of 3 per cent bonds in exchange for the 3^s), he of late. It is very satisfactory, however, to be able to hold to
the opinion that there is some prospect of a favorable agrionlsays:
Under the provisions of this law, the Department will be prepared to
tural season. The crops on the European Continent are spoken
receive, on and after the 1st day of August next, at 10 o’clock A. M.,
of very favorably, and, although there have been some asser¬
until further notice, any of the bonds issued under the act of March 3.
1863, and 5 per centum bouds issued under the acts of July 14.1870.
tions to the contrary, the harvest in this country promises to
and Jau. 20, 1871, continued, as stated above, to bear interest at
3*3 per cent per annum, which have not been called for payment by yield a satisfactory result.
a call
therefor issued prior to the date 'hereof; and as early
Iu judging of the crops in this country it has always to be
as practicable hereafter will issue in exohange therefor a like amount of
United States registered bonds, bearing interest at the rate of 3 per
borne in mind that a full crop of cattle-feeding staffs is of
oentum per annum, as provided by the act approved July 1-', 1882.
To effect the exchange, the bonds should be surrendered to the Secretary
supreme importance. We can always depend upon a full wheat
of the Treasury in accordance with the terras of this circular. They
will then be accepted for that purposte in the order of the surrender of
supply from abroad, but tor hay and roots we must depend
to
bonds called for
.
.
it
ftft
»l
ti
a
it
a
ti
a
...
ftf
it
ftft
a
a
a
tt
tt
->
.
it
it
it
ti
....
*0
.
them to him, and new bonds,
per annnm, will
bearing Interest at the rate of 3 per centum
be issued iu the same order in
lieu thereof. A letter of
package of bonds for exchange,
setting forth the purpose for which they are forwarded, and giving the
address to which the new bonds and checks for the interest thereon
shall be sent. When the bouds are already in the custody of this
transmittal should accompany each
Department,
or any
officer thereof,
or
are
transmitted otherwise
with a letter, a letter advising of the proposed surrender
should be sent, complying with the requisites for a letter of trans¬
mittal, and with such other requisites as the case demands under the
than
regulations prescribed by this circular. The surrender may be made by
mail or by express, and not otherwise, beginning on the first day of
August next, at 10 o’clock a. m. If made by mail, the Postmaster
should stamp or otherwise mark upon the envelope containing the bonds,
or the letter advising of their surrender, the day, hour, ana minute at
which received by him. If made by express, the express agent should
in like manner stamp or mark the envelope. Bonds held by the Treas¬
urer cf the United States iu trust for a national bank may be sur¬
rendered by letter addressed to the Secretary of the Treasury, accom¬
panied by the Treasurer’s receipts representing the bonds, together
with a resolution of the board of directors of the bank authorizing tho
Treasurer to assign the bonds. Tho priority of surrender will in all
oases bo determined by tho time of receipt stamped or marked on the
envelope as above required, except that where two or more envelopes
have the same time stamped or marked thereon, tho first opened at the
Department shall have priority. A transmission of bonds, or letter of
and the weather of late has been very
We have j ust passed through
a “dripping” June, and, although the work of stacking the hay
has been impeded, a large quantity of produce has been stacked
in good condition, and it is asserted that the crop will be one of
the largest on record. At the same time, the genial rains have
left the pastures rich with verdure, and cattle are thriving to
the best possible extent. Even allowing for the retrograde
movement which has been apparent in British agriculture,
owing to a series of bad seasons, and to the imperfect way in
which many farms are now cultivated, we may still hope,
with six weeks or two months of propitious weather, to secure
a harvest which will show very satisfactory results compared
upon our own
resources,
favorable for their
development.
The increase in th3 crops of 1681 had
home trade, and it is but reasonable
to expect that, should there be no mishap, the crops of 1882
advice as to them, will not bo recognized as a surrender under these
will produce still more substantial results. Of late years our
regulations unless there is asulficienc compliance with the requirements
with the last five years.
a
beneficial effect upon our
70
THE CHRONICLE.
have been very
been concerned, and any
treacherous as far as the weather has
indications of unsettledness are natu¬
rally a cause for anxiety; but there are no serious complaints
from the farmers as yet, and this is always a hopeful sign.
As usual toward the close of the half-year the Bank return
shows changes of more than usual importance, but they have
no special significance.
Money has been freely borrowed, the
total of ** other securities 99 showing an increase of £1,673,634.
A large proportion of that amount reappears, however, under
the head of 44 other deposits,” or current accounts, and hence it
is obvious that the money borrowed has been for the customary
temporary purposes. The supply of bullion shows a slight
increase, but, the note circulation having been augmented, the
total reserve has declined to the extent of £441,889. The pro¬
portion of reserve to liabilities is now 43 per cent, showing a
reduction on the week of about 3 per cent. The following are
the present quotations ior money.
jammers
[VOU XXXV.
ing have been
no some cases
very moderate. Holders have been firm and
secured better terms, but with an
have
increasing visible
supply in the United States, and with the prospect of a good
harvest on the Continent millers are still very cautious
buyers ?
Their purchases, as a rule, are of a very limited
character, and
are restricted to
actual requirements. It is expected
that
harvest work will be commenced in this country about the
end
of the current month. The following are the present
quanti¬
ties of cereal
produce at present afloat to the United Kingdom':
Wheat, 1,931,000 quarters; flour, equal to 183,000 quarters, and
Indian com, 319,500 quarters.
During the week ended June 24 the sales of home-grown
wheat in the 150 principal markets of England and
Wales
amounted to 22,879 quarters, against 24,118 quarters last
year
and 23,204 quarters in 1880; while, it is computed that
they
were in the whole kingdom
91,520 quarters, against 96,500
quarters and 93,000 quarters. Since harvest the sales in the
150 principal markets have been 1,727,257 quarters,
Per cent. Open market rates—
Per cent.
against
Bank rate
4 months’ hank bills
3
2%®2%
6 months’ bank bills
Open-market rates—
2%® 2*2 1,602,564 quarters in the corresponding period of last season and
30 and 60 days’ bills
4 & 6 months’ trade bills. 3
2%®2%
®4
1,279,383 quarters in 1879-80, the estimate for the whole
3 months’ bills
2%®2%
kingdom
being 6,909,100 quarters, against 6,054,300 quarters
The rates of interest allowed by the joint-stock banks and
in 1880-81, and 5,143,000 quarters in 1879-80.
Without reckon¬
discount houses for deposits remain as follows:
Per cent.
ing the supplies of produce furnished ex-granary at the com¬
Joint-8 took bant s
2
mencement of the season, it is estimated that the
Discount houses at call
1%
following
Do
with 7 and 14 days’ notice
2
quantities of wheat and flour have been placed on the British
The following are the current rates for discount at the lead¬ markets since harvest. The visible
supply of wheat in the
ing foreign centres:
United States is also given:
Paris
Berlin
Frankfort
Pank
Open
Bank
rale.
Pr. ct.
market.
Open
rate.
Pr. ct.
4
6
market.
3%
..
•
.
Hamburg...^....
Amsterdam....
3*4
3*4
3*4
3%
.
4
4%
..
Annexed is
.
3%
..
Madrid
.
....
..
Brussels
3*6
3%
4
..
•
Pr. ct.
a
Vienna
St. Petersburg
Geneva
Genoa
Copenhagen
Bombay
..
..
...
...
...
Pr. ct
3%
5*4
4%
4
4
4
5
4
statement
showing the present position of the
Bank of England, the Bank rate of discount, the average quota¬
tion for English wheat, the price of consols, of No. 40 mule
twist, fair 2d quality, the price of middling upland cotton, and
the Bankers’ Clearing House return, compared with the three
previous
years :
1882.
£
Circulation
Public deposits
Other deposits
26,070,915
7,678,483
21,801,985
Goverum’t securities. 13,780,079
1881.
1880.
£
£
,1879.
£
26,954,010
8,786,057
27,343,043
11,908,400
10.577,383
27,512,614
22.'09,•'*7
?a.«28*,0 3
23 144.069
Bes’ve of notes & coin 14,059,996
16,030,879
17,012,010
20,024,691
20,749,40^
27,234,919
29,319,390
37,286,209
Other
Com
sno'i H-Hpa
and
bullion
15,877,232
29,536.865
7,279,300
29,957,815
14,480,146
in
both departments..
Proportion of
27,307,380
24,389,941
reserve
to liabilities
Bank rate
1881-82
Sales
of
produce
3 p. c.
Eng. wheat, av. price
Mid. Upland cotton
..
9958
46s. 1 Id.
6*%. d.
2% p. c.
101*4
2% p. c.
98%
45s. Od.
44s. 8d.
2 p. c.
98 %x.
42s. 6d
6i3jgd.
6%d.
65sd.
No. 40 mule twist
10 VI.
10%d.
ll*4d.
9%d.
Clearing-House ret’n. 104,948.000 150,599,000 131,426,000 115.564,000
The recent fall in the value of securities, and
especially of
1879-80.
48,543,408
8,634,030
29,940,000
26,235,100
22,286,100
39,277,850
87,279,337
84,252,346
79,4G3,536
87,323,513
1,173,447
1,193,237
1,300.290
1,583,383
86,105,589
83,059,109
78,163,246
85,740,130
46s. 9d.
43s. 2d.
4Gs. 4d.
40s. 7d.
16,400,000
15.625.000
13,438,600
1878-79
40,478 02*8
7,567,635
home-grown
Total
Deduct
or
exports
wheat and flour
Result
Ar’ge price of English
wheat for season (qr.)
Visible supply of wheat
in the U. 8
bush.10,200,000
The
following return shows the extent of the imports and ex¬
ports of cereal produce into and from the United Kingdom
during the first forty-four weeks of the season, compared with
the corresponding period in the three previous seasons :
IMPORTS.
1881-82.
cwt.49.262.387
Wheat
Barley
11,526,477
8,757,415
1,780,247
1,585,331
18,856,605
8,076,950
Oats.
Peas
Beans
Indian
Flour
corn
43*00
Consols.-
1880-81.
47,265,280
10,751,966
Imports of wheat.cwt.49,262,387
Imports of flour
8,076,950
1880-81.
1879-80.
1878-79.
47,265,280
10,078,211
8,341,647
2,061,568
48,543,406
11,651,496
40,478,028
9,283,572
9,456,914
1,443.262
2,120,702
28,927.009
10,751.966
12,095,224
1,802,815
2,309.634
23,796,047
1,422 265
50,246.632
8,634,030
7,547,635
EXPORT8.
1881-82.
WTieat
cwt.
Barley
Oats
Peas
Beans
Indian
Flour
1880-81.
1879-80
1878-79.
1,033,131
1,066,614
173,894
659.376
57,501
1,462,747
590,4S8
1,144,153
28,257
86,914
88,887
54,867
19,668
14,859
422,845
120,636
46,929
87,021
42,331
115,291
corn
'
40,509
214,955
126.623
140,316
511,384
156.135
105,017
89,361
Egyptian, has been the cause of some embarrassment on the
The public sales of colonial wool were brought to a terminaStock Exchange this week. Several failures have taken place,
tiou on Thursday evening. The following is a report by Messrs.
but only in a few cases have they been important. The settle¬
John Hoare & Co. respecting them :
ment has, in fact, passed off much more
satisfactorily than
Catalogued. 'Withdrawn.
bales. 79,368
had been anticipated, and there would, no doubt, be a great Sydney and Queensland
4.500
Victoria
97,091
7.500
rise in prices were the Egyptian difficulty to be arranged. South Australia
33,605
2,700
West Australia.,.
6,795
Of this there are some indications, and a termination to the Tasmania
Too
13,069
80,932
7,500
present state of tension is much to be desired. The Irish diffi¬ New Zealand
•ape
29,459
3,000
culty is still an unsolved problem, and this week’s events, unfor¬ Falkland Islands
2,186
tunately, lead to the conclusion that the progress which legisla¬
Total
342,505
25,300
tion has made has failed to exercise any beneficial or human¬
A large degree of animation has marked the progress of this
izing effect.
series, and the attendance of home and foreign buyers has been
The crown agents for the colonies invite applications for
very good ;c and, though there may have been some slight
£509,000 of debentures of the Government of Jamaica, in
falling off in the demand towards the last, the general results
amounts of £1,000, £500 and £100 each. Interest will be at the
must be taken as decidedly satisfactory.
rate of 4 per cent per annum, payable
half-yearly in London.
Basllsli Market Reports—Per Cable.'
£200,000 of the loan is to be applied to the extension of the
The
daily
closing quotations for securities, &c., at London,
Government railways, and £309,000 to the purchase of a por¬
and for breadstuffs and provisions at Liverpool, are reported
tion of the existing public debt of the colony, which now bears
by cable as follows for the week ending July 14:
~
interest at 5 and 6 per cent. The loans are secured on the
gen¬
eral revenue and assets of the Government of Jamaica.
Silver has been in demand on Indian account, and has been
sold at 51%d. per ounce. Mexican dollars have realized
51%d.
per ounce.
f
The weather
have had
during the week has been unsettled, but
we
bright summer days, and many of the crops
promise satisfactory results. Uninterrupted sunshine is now
much to be desired, as the crops have arrived at a critical
stage
some
London.
Silver, per oz
Sat.
d.
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
Q. 8. 58 ext’u’d into 3%s
fJ. 8. 4%sof 1891
U. 8. 4s of 1907
3rie, common stock
llinois Central
Pennsylvania
Philadelphia & Reading.
Sew York Central
51%
991&10
99i516
81*30
103%
116%
122
37%
137*4
Mon.
Tuc8.
Wed.
Thurt.
51%
99»1C
9m%
51%
51%
51%
99%
99%
99»i6
99i*ifi
8117%
103%
116*4
121%
37%
139%
61
61
29%
30
134%
135
99%
121%
38
99%
81-12%
103%
116*4
121%
38%
140
140
8110
103%
116*4
59%
30
136
61%
*
30
136%
81-10
Fri.
51*8
99%
99%
x!02% 10*24
1161*
116*4
121%
121%
40*4
40
140*4
140
62
61%
30
30*4
136%
JULT
15,
T=
Flonr (ex. State.. 100 lb.
Wheat, No. 1» wh.
“
2...
“
“
4
Winter, West., n
Cal. white
mix., West.
Pork, West. mess..#
Corn,
bbl.
Bacon, long clear, new..
Beef, pr. mess, new,$tc.
$ cwt.
Cheese. Am. choice, new
Lard, prime West.
s.
d.
s.
d.
13
10
9
10
10
7
89
61
88
65
9
2
8
0
13
10
9
10
10
7
89
62
88
64
9
2
8
7
0
1
0
0
0
6
55
6
55
6
6
0
1
0
6
0
d.
13 9
10 2
9 8
d.
0
3
9
7
0
2
0
0
0
0
0
s.
7
89
62
88
64
14
10
9
10
7
10
0
1% 7
89
0
62
0
88
0
64
0
55
0
10
55
8.
d.
d.,
s.
14 0
10 4
9 10
10 8
10 0
7
2%
89 0
62 0
88 0
63 9
55 0
0
3
9
6
0
3
0
0
0
14
10
9
10
10
7
89
62
88
63
55
6
0
Exports fob the
week in January:
For
Dry goods
GenTmer’dl86..
Total
Since Jan. 1.
Dry goods
Gen’lmer’dise..
NEW YORK.
1881.
$1,304,836
3,436,557
$1,818,667
6,336,897
$1,255,822
6,039,316
$2,095,744
5,474,530
$4,741,393
$8,155,564
$7,295,138
$7,570,274
$43,866,910
$66,169,048
$54,543,601
115,115,894
199,205,306
167,278.321
68,-498,673
193,307,985
1882.
Total 27 weeks $158,982,804 $265,374,354 $221,821,922 $261,806,658
report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
In
our
specie) from the port of New York to foreign ports
week ending July 11, and from January 1 to date :
for the
$5,878,670
$8,098,810
159,470,369
199,138,007
For the week...
Prev.
reported.
$(5,260,923
192,614,958
$8 025,017
158,555,097
The following table shows the exports and imports of specie
at the port of New York for the week ending July 8, and
since Jan. 1, 1882 :
SPECIE AT NEW YORK.
Imports.
Exports.
Gold.
Since Jan. 1.
Week.
Great Britain
France
$31,000 $27,049,671
2,526,150
1,400
83.160
6,088
Germany
West Indies
Mexico
South America
All other countries
Tetal 1882
Total 1881
Total 1880
by laying track from
32 miles.
Chippewa Valley & Superior—Extended from Durant, Wis., southwest
to the Mississippi, 12 miles, completing the road.
Denver Circle.—Track is laid for 4 miles in Denver, Col., making a
Southwestern.—Completed
Chesapeake Ohio
Dyersburg, Tenn., south by west to Hatchie River,
line to the
Week.
$
Since Jan. 1.
$104,998
401
232
5,183
190,043
6,113
92,659
100,000
72,100
5,636
203.616
$32,400 $29,837,169
$16,932
$607/701
37.468
24.336
28,233.854
1,891,482
,
15,752
....
270.033
**
•
•
•
•
2.088,887
•
$5,180,456
Mo., 23miles.
Ball Ground. 13 miles. Gauge, 3 feet.
Natchez Jackson & Columbus.—Extended from Utica, Miss., north¬
east to Raymond, 14 miles. Gauge, 3 feet 6 inches.
New York Lackawanua & Western.—New track is reported laid from
south¬
Northeastern of Georgia.—Extended from Tumersville, Ga., north to
Tallulah Falls, 4% miles. Gauge 5 feet.
Northern Pacific.—The Pelican Rapids Branch is extended northward
19,975
to Pelican
Rapids, Minn., 11 miles.
Keysville, Ya., south to
has completed a spur from
East Gainesville, N. Y.. to Gainesville. 1 mile.
8t. Louis Dea Moines & Northern.—The extension to Boome, la., is 3'3
Mecklenburg.—Track laid from
Richmond &
196,000
148,000
$6,006,968
5.928,425
2,806,618
miles.
miles longer than heretofore reported.
Sioux City & Pacific.—Track on the
point forty-five miles west by north
West Jersey.—The Salem branch is extended in Salem, N. J., 0’6 miles.
Wheeling & Lake Erie.—Extended westward to Toledo. O., 6 miles.
This is a total of 343 miles of new railroad, making 4,758 miles thus
far this year,
in 1873.— Radroad Gazette.
published in New Orleans
:
798,284
365,028
70,947
17,288
$42,395
$1,394,204
30,282
1,602,719
24,775
2.941,277
Office State Treasurer,
\
Baton Rouge, July 10, 1882. 5
In accordance with the provisions of Act No. 77, of 1882, interest
will be paid by the State Treasurer, at Baton Rouge, on the consolidated
_
bonds of the State of Louisiana, at the rate of 2 per cent per annum,
from January 1, 18*0, to December 31, 1881, inclusive, on the presen¬
tation and surrender of the 7 per cent ooupons maturing July 1, 1880,
January 1, 1881, July 1, 1881 and January 1, 1882. The taxes for the
year 1882 have not yet been covered into the treasury, but the interest
on said bonds due July 1, 1882, at the rate of 2 per cent per annum,
will be cashed at the State National Bank (Fiscal Agent), New O leans,
^
Presentation and surrender of the 7 per cent coupons of July l,
1882. The interest coupons, payable July 1, 1882, on constitutional
oondsjof the State, will be cashed by the State National Bank (Fiscal
Agent), New Orleans.
Said payments will not impair or novate any right of the holders of
oonds accepting the same, or their assigns, in ease the proposed amend¬
ment to the Constitution, relative to the State debt ordinance, bo not,
0Ii submission to the people,
duly adopted. The coupons surrendered
will not be
destroyed or defaced, but will be preserved and kept in
paokages for Identification.
Upon the adoption of the amendment to the Constitution, to be voted
upon in April of 1884, said consolidated bonds will as presented be
stamped: “Interest reduced to two per cent per annum for five years
irom January 1,1880, and four per cent per annum thereafter.”
E. A. Burke, State Treasurer.
regu¬
Lounsbery & Haggin.
Mining Company has declared its 47ti
June) of $50,000, payable at office of Messrs.
—The Homestake
dividend (for
Lounsbery & Haggin, on the 25th inst.
—Messrs. Morton, Bliss & Co. are offering for sale the first
mortgage 30-year 7 per cent gold bonds of the Southwestern
Division, also the 6 per cent gold 40-year first mortgage bonds
on the Pacific Division, of the Minneapolis & St. Louis Railway
Company. These bonds, considering the security and the low
rate of bonded debt per mile, are offered at a comparatively
low
price.
sold at auction this
Auction Sales.—The following were
week by Messrs. Adrian H. Muller & Son:
160
200
10
11
4
5
5
gold coin.
Louisiana State Binds.—The following notice to bondhold¬
is
corresponding time in
miles in 1878, 710
727 miles in 1874,
againet 2,418 miles reported at the
1881, 2,228 miles in 1880, 1,035 miles in 1879, 791
miles ill 1877, 84(3 miles in 1876. 457 miles in 1875,
Shares.
12 N.Y. Float’g Dry DookCo.104
140 The N. Y. Floating Ele¬
vator Co
$39 per share.
5 Broadw’y & 7th Ave. RR.149%
Bontts.
Shares.
Union National Bank
165
Manhattan Gas-Light Co.220
American Exch. Bank...128%
Hanover Bank
132%
Bank of State of N. Y
120
Corn Exchange Bank.... 175%
Bank of Comm’ce(ex-div.)151%
Nassau Bk. of Brooklyn. 191
Home Life Insurance Co 151
Firemen’s
rust Ins. Co.
$3,000 Eighth Ave. RR. Co.
7s mortgage, due 1884...105%
$15,000 Western Pacific RR.
110%
6s, due 1899
$15,000 Dubuque & Dakota
RR. 6s bonds, due 1919..100
of Brooklyn
114
20 Lamar Ins. Co
73%
429%
12 U. S. Trust Co
280 Union Nat. Bank
165-162%
143
100 U. S. National Bank
4 Bauk of New York
142
20 Bank of North America.. 100
25 New York Gas-Light Co..116%
$20,000 Louisv. Water Works
Co. 6s, due 1906
110^
$4,000 Covington & Lex. RR.
101
7s, due March 1. 1883
$5,000 Third Ave. Rti. Co. 7s
reg., due 1890
11138
DIVIDENDS:
The following dividends have
reoently been announced:
exports for the same time, $31,000 were American
.
laid to a
extension
extended from
& South
Han¬
of 3 feet
north to
100
Of the above imports for the week in 1882, $7,486 were
American gold coin and $12,740 American silver coin. Of the
ers
Nebraska Division is
from Long Pine, Neb., an
of 35 miles.
•
,
Union Pacific.—Track on the St. Paul branch lias been
St. Paul, Neb., westward 20 miles. On the line of the Denver
Park Division, the track of the Gunnison branch is extended from
cock, Col., southwest to Woodstock, 6 miles. This division is
gauge.
West & East.—Extended from Gray’s Mills, Miss., weit by
Lexington. 5% miles.
1,027
832
57,012
$183,700
Mount Morris, N. Y.,
Alflen, N. Y., east 20 miles, and from near
east 55 miles.
$26,279
115.351
21.588
Mexico
South America
All other countries
Total 1882
Total 1881
Total 1880
$
721,000
48,500
Germany
West Indies
Douglasville, Ga., west to Villa
east by south to Sey¬
Marietta & North Georgia.—Extended from Canton, Ga., northward to
mour,
30
$
183,700
southward to Jug
Rica, 10 miles. Gauge, 5 feet.
Kansas City Springfield & Memphis.—Extended
9
Silver.
Great Britain
France
Exposition Grounds.
Messrs.
Total 27 weeks $165,349,039 $207,236,817 $198 875.881 $166,580,114
EXPORTS AND IMPORTS OF
Belleville, Nov., to White
—The Deadwood-Terra Mining Company announces its
lar dividend of $30,000 for June, payable at the office of
1882.
1881.
1880.
from Brocton, N. Y., north¬
Dunkirk, 9 miles.
Carson
Colorado.—Extended from near
Mountain Summit, 23 miles. Gauge, 3 feet.
and 1,587 miles
EXPORTS FROM NEW YORK FOR THE WEEK.
1879.
17
Gauge, 5 feet.
Rochester & Pittsburg.—This company
1880.
1879.
Week.
northeast to Nilos, O
east to
Ft. Mitchell, 11
FOREIGN IMPORTS AT
railroads is as follows:
Alliance Niles & Ashtabula.—Extended
miles, completing the road.
Buffalo Pittsburg & Western.—Extended
Georgia Pacific —Extended from
Week.—The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise.
The total imports were 17,570,274, against $8,963,735 the pre¬
ceding week and $7,158,533 two weeks previous. The exports
for the week ended July 11 amounted to $8,025,017, against
$4,940,319 last week and $6,212,748 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) July 6 and for the week ending (for general
merchandise) July 7; also totals since the beginning of first
Imports and
(New).—The latest information of
on new
Gainesville Jefferson & Southern.—Extended
Tavern, Ga., 7 miles. Gauge 5 feet.
(fiommzxtlaX aud BXiscjeIlaue0xts
c
completion of track
the
s.
10
Railroad Construction
Fri.
Thurs.
Wed.
Tues.
Mon.
Sat.
Liverpool.
Spring, No.
71
THE CHRONICLE.
1882]
Name of Company.
Per
cent.
H ailroads.
Atch. Top. <fc Santa Fe (quar.)....
Central Pacific
Mine Hill <fe Schulkill Haven
Northern Central
1%
$3
$1 75
3
2%
United Cos. of New Jersey (quar.)
When “
Payable.
Aug.
15 July 16 to July 21
1 July 16 to Aug. 2
July
July
July
14
15 July
10
Aug.
Banks,
10
First National
3%
Merchants’ National
New York County National
Sixth National
4
3
Insurance
5
5
American Exchange Fire
Clinton Fire...
Continental
Farragut Fire
Guardian Fire
„
*
6
2%
Home
Mechanics’
Traders’ Fire
New York Equitable
Phenix (Brooklyn)
Rutgers Fire
Standard Fire
TUscellanet m,
Fidelity <fe Casualty Co
Union Trust (quar.)
3%
.
5
5
5
5
7
3%
Books Closed.
(Days inclusive.)
On
On
On
On
dem.
dem.
dem.
dem.
On dem.
On dem.
On dem.
On dem.
On dem.
On dem.
On dem.
On dem.
On dem.
Aug.
1
On dem.
*3
On
dem.
2
On
dem.
1 to
72
CHRONICLE.
THE
United States
J? ankers' (gazette.
Dividends will be found
NEW
YORK,
on
preceding
FRIDAY,
14,
1S&2-5
P.
M.
The Money Market and Financial Sitnation.—The past
week has witnessed the bombardment of Alexandria by Eng¬
lish
At this
imbroglio of Great Britain with one
immediately drawn
European investors
will turn once more towards American securities, with the
feeling that this country is more safe from the contingencies
of war than any other nation in the world.
It is not out of
the way also to observe in this connection that England's
foreign commerce and monopoly of the ocean carrying trade,
which is her glory in time of peace, has in it a certain element
of weakness in time of war; and all the vast capital invested
in shipping trembles at the fear of hostile cruisers, privateers,
or, as in this case, at the possible damage to arise from the
shutting up of some important channel of commerce.
New winter wheat is beginning to arrive in market quite
freely, and the exports of wheat and flour will soon feel the
effects of this supply if the demand for our produce keeps up.
Thus comes the first relief to that scarcity of breadstuffs in
this country and Europe which began to be felt in August,
1881, and has ever since played a most important part among
the controlling forces bearing on the markets at home and
cannon.
new
of the oriental powers, the conclusion is
in Wall Street that Englishmen and other
abroad.
Exchange the firmness of last week has fairly
run into buoyancy, and some of the worst bears
during the
depression of June have apparently turned bulls, and are
pushing up the market with all their strength. There is also
much to encourage outside buyers of stocks in the very good
agricultural prospects, the tolerable certainty of larger rail¬
road earnings in the last half of the year than in the first half,
and perhaps in the circumstance that the heaviest of the
stock operators are probably interested for the present in get¬
ting stocks up to higher figures. Though, as to the last point,
it is well to suggest that a discrimination should be made
between those
stocks which advance on their substantial
merits and those which are crowded up for the purpose of
getting a market to sell on. Of the latter sort, there were
enough distributed last spring to make buyers cautious in
dealing with the same class of stocks again.
The money market has been quite easy, and on call loans to
stock borrowers the rates have been 2%@4 per cent, with
exceptions at .5 per cent, while government bond dealers
have paid 2@2% per cent. Prime commercial paper sells at
England weekly statement
on
Thursday showed
decrease in specie of £415,000, but the percentage of reserve to
liabilities was 39%, against 35 last week ; the discount rate
remains at 3 per cent.
The Bank of France lost 5,300,000
francs gold and 4,125,000 francs silver.
The New York City Clearing-House banks in their statement
of July 8 showed anincrease of $2,872,300 in their surplus reserves
the j*)tal surplus being $8,303,325, against $5,431,025 on
July 1.
The following table shows the changes from the
previous
week and a comparison with the two preceding years:
a
1882.
July 8.
Differ'nces fr’m
previous week.
1881.
1880.
July 9.
July 10.
Loans and dls. $326,679,900 Tno .$3,795,600 $352.8 16,800
Specie
64.283.600 Inc. 8,159,100
77,728.500
Circulation...
18.410.800 Dec.
58,100
19,149.200
Met deposits. 318,329,100 Inc .12,960.000 349.843.000
23,602,000 Dec. 2,046.800
Legal tenders.
16,284,300
Legal reserve.
Reserve held.
Surplus
$293,428,500
70,822.100
19.525.800
290.714.700
19.624.800
$79,582,275 Inc. $3,240,000
87.885.600 rue. 6,112,300
$87,460,750
94,012,800
$72,678,675
$8,303,325 Inc .$2,872,300
$6,552,050
$17,768,225
90,446,900
Foreign Exchange.—There has been a good demand for short
no great
supply of bills offering, either bankers’
short or bankers’ or commerciil long.
The offerings of com¬
mercial bills to be drawn against future shipments of
produce
are quite free.
To-day, on actual transactions, prime bankers’
60 days sterling bills sold at 4 85% and demand bills 4
88%,
bills and
with cable transfers 4 89.
The actual rates for Continental
bills are as follows : Francs, 5
19%@5 18% and 5 15%@5 15;
marks 94%@94% and 95%@95%; guilders 40@40 5-1G.
In domestic bills, New York
exchange wTas quoted to-day
as follows at the places named
: Savannah, buying, par, sell¬
ing, %@% premium; Charleston, buying par, selling,
premium; New Orleans commercial, 100@125premium : bank,
200 premium ; Chicago, 50 premium ; Boston,
par.
Quotations for foreign exchange are as follows, the highest
prices being the posted rates of leading bankers:
July 14.
Prime bankers’ sterling bills on London.
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reiehmarks)
Sixty Days.
Demand.
1 SoHiDl 86
4 8 4
@4 84
4
4 83 *2® 4 81
5 19ya®5 17*2
10
®
4044
4 86
5>4 87
5 15 5q §) 5 143e
4014@ 40
945s&
95
SB14®4 89
4 "7
a)4
9530®
transactions
in
955s
government
hung on the new bank law permitting the ex¬
change of 3% per cents for new 3 per cents, and prices of the
continued fives have been advanced by the demand for these
bonds to exchange for threes.
Some of the largest dealers
in government bonds think that the banks would do better to
buy 4 per cents of 1907 at current prices than to take these
short bonds, which have probably but a few years to remain
outstanding. Secretary Folger has issued a circular to all
holders of 3% per cent continued bonds, in which he
says:
“The surrender may be made by mail or express, and
not otherwise, beginning on the first day of August
next,
at 10 o'clock A. M.
If made by mail, the postmaster
should stamp or otherwise mark upon the envelope con¬
taining the bonds, or the letter advising of their sur¬
render, the day, hour and minute at which they were
received by him.
If made by express, the express agent
should, in like manner, stamp or mark the envelope.”
It thus appears that the priority of the new bonds to be
issued, which establishes their right to remain longest out¬
standing, will be determined by the Postmaster or express agent
marking on the package the “day, hour and minute at which
they were received by him.” If it should turn out that $100,000,000 or so of 3% per cents were offered at 10 A. M. on
August 1 to Postmasters and express companies, there should
be no priority among such bonds, but, according to the Secre¬
tary’s order, there will be a priority according to the accidental
opening of one envelope before another at the Department.
The Secretary of the Treasury issued July 10 the one hundred
and fifteenth call for bonds, embracing $16,000,000 of the regis¬
tered bonds of the Act of March 3, 1863, continued during the
pleasure of the Government under the terms of Circular No.
42, dated April 11, 1881, to bear interest at the rate of 3% per
centum per annum, from July 1, 1881, as follows:
$50—No.
At the Stock
43£@5
per cent.
The Bank of
Bonds.—All
bonds have
page.
JUJLY
[VOL. XXXV.
100—No.
801 to No.
5,501 to No.
3,601 to No.
900, both inclusive.
6,500,
500—No.
4,150,
1.000—No. 19,001 to No. 21,000,
5,000—No. 6,401 to No. 6,900,
10,000—No. 12,501 to No. 14,650,
Total
The
both inclusive.
both inclusive.
both inclusive.
both inclusive.
both inclusive.
$16/300,000
closing prices at the N. Y. Board have been
Interest
Periods.
July
as
follows:
July
July
July
July
10.
11.
12*
13
July
14
6s, continued at 3*2.. J.
& J. HOOis *100*2 *10034 *100% *100% *100%
5s. continued at 3*2.. Q.-Feb. *100% *100% 100% *100% *10058 101%
4%s, 1891
reg. Q.-Mar. *114
Q.-Mar. *114
4^8,1891.
48,1907...
reg.
coup.
4s, 1907..
6s, cur’cy, 1895..reg.
6s, cur’cy, 3 896.. reg.
6s, our’ey, 1897..reg.
6s, cur’cy, 1898..reg.
6s,our’o.v. 1899.. reg.
*
Q.-Jan.
*
118 78 *11878
Q.-Jau. ni878
J.
J.
J.
J.
J.
<fe
&
&
&
&
J.
J.
J.
J.
*114
*134
*130
*130
*130
*130
J. *130
119*6
*130
*130
*130
*130
*130
*114
*114
*114
*114
*114
114
*114
*114
118 78 *11858 *11858 *118%
*
11858 *11858
*130
*130
*130
*130
*130
*130
*130
*130
*130
*130
1185s *118%
*130
*130
*130
*130
*130
*130
*130
*130
*130
*130
This is the price bid at the morning: board; no sale was made.
State and Railroad Bonds.—In State bonds the Tennessees
and Louisiana consols have been most active, the former
closing to-day at 57% and the Louisiana’s selling at 71%.
Some of the new Tennessees, or rather what might be called
the “latest and best” Tennessees, sold at 75.
The State
Treasurer of Louisiana publishes notice that he will pay at
Baton Rouge back interest on the consol bonds from July 1,
1880, to January 1, 1882, at the rate of 2 per cent per annum,
on surrender of the 7 per cent coupons due in that period, and
the State National Bank, New Orleans, will similarly pay 1
per cent for July 1, 1882, on surrender of the 3% per cent
coupons due at that time.
Railroad bonds have been more active and decidedly strong,
as may be seen by the quotations on another page.
Railroad and Miscellaneous Stocks.—The Stock market,
following up the firmer tendency of last week, has developed
a positive buoyancy.
Nearly all the list has shared in the
movement, though some stocks have been particularly strong
and active, advancing rapidly under heavy purchasing.
Fo.*
the time being, the bears have been lost sight of, and there has
been nothing to oppose the advance in prices. The trunk
line stocks are generally 3@4 per cent higher than a week ago,
and Erie has advanced with the rest and sold to-day at 39%,
there being pretty good signs that parties who were bearing
the stock and bonds a month ago are now pushing them up.
Western Union has shared in the advance, and at any prioe
over 85 it is possible that the largest holders may distribute a
good deal of this stock. St. Paul common has been conspicu¬
ous for a rise of nearly 8 points,
from 112% last Friday to
120,% to-dry ; and in this stock, also, it is believed that
parties who endeavored to bear it after the new issue
was determined upon, have, recently been purchasers.
Louis¬
ville & Nashville and Denver & Rio Grande, which have so
long been weak spots in the market, have shared in the gen¬
eral advance; but in regard to neither of them lias there been
any new point given out as a matter of fact, and the L. & N.
dividend is yet uncertain.
The Wabash stocks have also
taken their place in line and recovered much from their late
depression; the good winter wheat crop is an excellent thing
for the Wabash Road, as it carries a great quantity of that
class of grain,
Minneapolis & St. Louis stocks have come into
prominence on large sales, and it is supposed that the pur¬
chases for account of Rock Island or Omaha parties have
pushed up the prices.
Railroad earnings for June and for the first six months of
this year are given at length on another page.
15,
July
1882.]
PRICES AT THE N. Y.
RAKG-E IN
73
THE CHRONICLE.
DAILY
STOCKS.
Saturday,
July 8.
STOCK EXCHANGE FOR THE WEEK,
HIGHEST
Monday,
July 10.
~~
railroads.
AlbRTiv & Snsonehanna.--
*131
90
Topeka & Santa Fe^T
Bbaum^N. Y. An-.-UHe._-;;
Burlington Cedar Rap. & No..
*131
135
90
AND LOWEST
Tuesday,
July 11.
135
Wednesday.
July 12.
v131
93
135
93 %
PRICES.
Thursday,
July 13.
Canada Southern ....—
Cedar Falls A
Minnesota
Central of New Jersey
Central Pacific....
75
5278
"53%
533s
19*2
77
93%
22%
32 *2
24%
20 %
77 %
94
23 %
33 %
25
135
20
78*4
94
23*2
33*4
75
54
21*2
80
94%
23*2
5334
20*2
76 34
94
23%
54*2
20*2
79*2
94%
24
35
26
54
55*4
21
57
21
76%
94%
78
76%
78%
9434
9434
95 %
24
24%
24
24
35
26
136 34
OO
Range Rinco
Jan.. 3, 1832
Lowest.
Highest.
130
94 %
9334
94
94
78% .7834
78 7,8
Sales of
the Week,
Shares.
*131
Atchison
78
*74
Friday,
July 14.
AND SINCE JAN. 1, 1882.
°.JL
76
56
76
56 *2
20% 20*2
76% 7734
94% 95%
24% 24 *2
34*2 34%
*25 % 26%
136% 136%
130
130*4
117% 120%
131% 134
600
*969
100
19,400
2,500
41,700
93.786
2,950
.Tan.
Jan.
Juno
6
10
Feb. 23
Feb. 18
6434 Juno
Low.
Mar. 21 120
6 135
94% July 13
84% Juno 10
32% Jan. 18
60
67
44
15
For Full
Year 1881.
5
Feb. 23
19% Mar. 9
86
3214 Jan. 18
7934 Juno 28
85*8 Pel). 2
57
July 13
23
Mar. 25
97 % Feb. 20
95% July
26
Jan.
13
7
25
45
69
50
16
High
135
30
71%
90
90
40%
82 % 112
80% 102%
20*4 33%
32*4 48%
3734 Jan. 11
36%
20% Jan. 14 23
156
26
DO
*24
137
July 10 127
2d pref
132%
Do
137
138
135
Jan. 27 133%
135
130 *213l
Chicago & Alton....
-129 7e 131*2
120% July 14 101 % 129%
129% 130
117*2 118*8
134
July 14 116% 140
Chicago Burlington &
1127e 114% 114*2 115
131% 131*2
136
Feb. 2 117
Chicago Milwaukee & St.
127 7s 128*2 128*2 129*4
124
Jan.
4 136
133
133%
132%
13334
Do
P1'61 131*2 132*8 132 1323s
136
Apr. 10 14834 July 14 131% 147%
148% 14834
147%
14S*«
148%
Jan. 13 129
Chicago &
—ref.. 147*2 14734 147*2 147*2
125% Apr. 18 135
129% 130
12934 130
88
Do
Feb.
1 40
129
129*4 129*2 129 ?4
250
68
Mar. 8 84
80
80
80
*79
*79
81
79
79
Chicago Rock Isl. &
July 11 33% 51
79
79
2934 Feb. 23 47
46*4 46%
116,645
46%
47
45
46*8
46
47
91
109%
45
46*2
rhicalo St. L. & New Orleans. 44*4 45
44,545
97% Feb. 24 10634 Mar. 22
10434 105% 105% 106 *2 10534 106%
105
106
104*2 105
44
Mar. 9 57% Jan. 14 41% 68%
104*2 105
56
56
3,100
56
57
55*2
55*2
81
55%
5534
101*4
Jan. 14
53*2 56
55
55
65%June 7 84
4,317
78% 8234
76
78
75
75
76
76
127% 142
75*4 76
139
Cincinnati Sandusky
July
13
133
Jan.
7
73*2 75*2
139
139
139
139
95%
Feb. 2 82
Cleveland Col. Cm. &
69
*138*2 139
71
1,500 61 June29 104
73
62
Cleveland <fc Pittedmrg guar...
7 1834 32%
6
June 7 21% Jan.
12,995
13%
1134
12*8
13
1134 12
131
12
12
107
Columbia & Greenville,
12
12*2
11
12*4
63,46 L 116% Apr. 24 123 % Fob. 3 66
126% 127 *8 126% 127%
113%
Columbus Chic. & Ind.
12634 127*4 126*4 127*4 126% 127
1263a 127
52% Mar. 14 74% Jan. 20
58% 60%
170,710
58%
59%
57*2
58%
57
59
Delaware Lackawanna &
583a 60*4
200
Ain*. 28 76% 88
58
60
82
Apr. 15 85
21
13
16
Jau. 14
85
85
Denver <fc Rio Grande
12
8
Juno
11
11*2
15,600
11*2 1134
11% 11*2
33
23
11% 11*2
26
Dubuque & Sioux City...
11*4 11*2
%
Jan.
18
10 7q 11*4
15%June
7
7,600
19% 19%
19% 19%
19%
19
19*8 19%
16
Jan. 18
Bast Tennessee Va.
Ga—.. 19*2 1934 19*2 20
8
15
Feb.
1,500
11
13*2
11
Do
pref.
11
Feb. 8 4434 350
90
Mar. 1 110
*85
90
90
*85
90
*85
90
*85
*85
Green Bay Win. <fc St.
90
111%
Jan.
9 94 121
*85
90
76
Mar.
2
85
2,955
34
86
85
84*2
84
84
106
84*2
63
84
84
84*2
86
Jau. 14
Hannibal & St. Joseph.........
61
Mar. 11
82*2 83*4
81
81
2,210
81
8134
8034 81
Do
146%
80 34 81%
137% Mar. 30 124
813s 813s
80*e 80*2
6,370
4
127%
Jan.
137%
137%
136*2
137*8
136
34 137
38% 57%
Houston «fe Texas
136 7s 13634 137
36
Mar. 8 43% Jan. 14
134*2 136*2 136
13,700
44
43
44
43%
42% 4234
30%
4134 43*4
19
42
42*o
Mar. 23 14
Illinois Central......... - - - - - - 12
June 17
40 7e 41*2
600
17
18
56
Indiana Bloom’n & West., new
49
Jau. 19 41
17*2 18
20
Mar. 21
65 34
32
Keokuk & Des Moines —-—
37%
Jan.
14
23%
June
12
32
9,92*6
34 35
Do
pref.... 31
33% 3334 ‘3334-34%
33*4 34
120% Mar. 30 112% 13534
98
Juno
6
323g **3234 "33*2
100,186
11134
11234
63
110% 110% 111% 112%
44
Lake Erie & Western
10938 1103a 110% 110 7s 109% 110%
59
59
1,900 49% Feb. 24 60 June 1 16% 38
*58
59
59
59-2
Mar. 30
Lake Shore
59
5934
950
14 % June 26 24
59*2 5934
110%
16 34 18
— ***
Long Island
3 79
61
June 10 10034 Jan.
168.317
70
71*2
6934 7134
117%
69% 70%
Louisiana & Missouri River...
Jan.
9 50
69»4 71%
70*2 73
100
57
June 5 75
67»4 717a
15 % 59%
Louisville & Nashville.........
57*2 57*2
43
Apr. 21 60% Feb. 11
1,310
52
52
52%
52-8
34
34
53
52
53
53
Louisville New Albany &
51*2 52*2
135
8934 May 25 98% Jan. 23 18
49*2 49 *2
91
'90
91
*90
91
*90
59%
91
91
91
Manhattan.......----*90
*90
91
23
24
2,645 23 July 14 37 Mar. 30
25*2
24%
24
9
Dc
1st pref
25%
25%
26
26
26%
24
24 34
8
24
May 1 15% Jan. 16
15
6
Manhattan Beach Co...........
9% Jan.
3
4
Apr.
11
2,600
7
6
93
82 % Jau. 18 41
Marietta & Cincinnati, 1st
5*2
5*2
4434
Juno
7
2,700
52
52
Do
2d pref. 48
53
53
Feb. a 7734 126
53
52
400
8 L % J uly 6 92
48
86
84% *84
84*2 84% *84
*84
85
Memphis <& Charleston
85
: 84*2 84*2 *84
94% July 14 8434 126%
77
Apr.
18
38,990
94%
94
92%
92%
42
64%
92% 92 34
Metropolitan Elevated
91% 93*4
92*4 93
90 7s 92*8
41% Mar. 11 52 % May 6 23
4,000
50
50%
50% 50%
30%
50%
Michigan Central
50 7s
4934 50*2 50
50
19
Mar. 6 30% July 14
49 7a 50
30
24,400
30%
29
*2
30%
26
29%
62% 70%
Milwaukee L. Bli.A West., pref
25*2 25%
25*2 25 *2
68
7.300 59 Feb. 25 68% July 13
63*2
68*2
54
67%
67
65
*2
65*4 65*2
26% Mar. 11 39% Jau. 14 34%
111,150
37% 37 a4
37% 38%
114%
36% 37 7,
104% Jan. 28 85
36% 38
36
36%
37,970
86%
Apr.
21
35*2 36
99%
98%
98% 99%
18% 3934
97% 98%
Missouri Kansas <fc Texas
97% 99
12
Juno 6 353* Jan. 21
9734 98 %
5.500
20*2 2 L
96*4 97*4
20*2 21%
131
118
20
20%
Missouri Pacific
20
20*2
18 34 20 34
104 11934 Mar. 13 126% June 26
18
18*2
102
63
121
Mobile & Ohio
123% 123% 121
52% June 5 87% Jan. 14
9,200
61
61
60
61
130% 155
60*2 60*2
Morris & Essex
-......
60*2 60*2
6034 61*2
58
29,259 123% May 1 13534 Jan. 14
60*2
133%
134%
133%
134*2
Nashville Chattanooga & St.L 131 34 132*4 132*2 13330 132% 133% 132% 133%
Apr. 27
10% May 25 16
10,125
12% 13
12% 12%
12% 12*2
New York Central & Hudson .
Apr. 27
12*4 12*2
27
May 27 35
12*4 12%
9.300
1178
12*4
30%
30%
30
34
31%
96
130%
30
2934 30*2
New York Chic. & St. Louis...
30
100
May 15 109% Jan. 27
2934 30
106
29*2 29a4
HOI
106
*101
Do
pref *101
3934 52%
101
106
43 % Jan. 14
*101
106
106
*101
33%
June
7
106
154,300
38% 39%
38% 39%
Jan. 14 80% 96%
37% 38*2
New York Elevated
36% 37%
37
67
373a
Mar. 8 85
3,160
363a 36%
78% 78%
79
78
New York Lake Erie & West.
76
7634 77*2
76
May 6 164% 190
Feb. 17 180
66 168
76*2 76*2
75
75*2
43%
Do
Pref. 178 178
175
176
178
178
20%June 9 29% Mar. 28 25%
14.710
27
27%
70
^7% 27%
53
26*2 27
New York New Haven & Hart.
58*4 Jan. 11
26*2 27
26*2 27
44%
Mar.
8
4,750
25 78 263s
54
%
54%
54
54%
New York Ontario & Western.
54
54%
53% 54
46% July 14 32 34 51
76.242
52*2 54%
53*2
2834
Mar.
9
53
45
46%
44% 45%
64% 88%
Norfolk & Western pref
43% 4434
43% 44%
44*2
44
43 78
66a4 F.*b. 23 86% July 14 21
113,376
43
84 34 86%
83 34 85%
82 34 83*2
37%
Northern Pacific —
82% 83%
82 34 83%
11% June 7 25% Jau. 14 35
13,528
16 *2 17
817e 83*4
17
60
pref
1634
Do
16*2 17*8
17
16
Feb. 23 3D34 Mar. 28
27
14 78 15*2
1578 16*2
3,690
37*2
37%
126.
3734
3734
37*2
9734
Ohio Central
37*2
110% Mar. 28
36 34 37*2
126
37
37*2
90%
Mar.
9
36 a4 3734
103
103
18
37%
Ohio & Mississippi
12
June 3 23 % Jau. 16
15
1,100
15
15
15
83
pref
Do
15
15
77% July 14 64
15*2 15*2
Jan.
60
30
15*8 15*2
18,007
14*2
14*2
77*2
76%
200
74*2 76
Ohio Southern
74*8
74
May 9 190
73*2 74
270 167
July 10 204
74*4 75
74*8
72%
27% 57%
Oregon & Trans-Continental,.
25
Juno 9 37% Jan. 14
167
167
16,230
34%
34
34
34%
7434
Panama, Trust Co. certificates
67 % Jan.
3334 34%
7 50
32 34 34*2
51 % Mar. 11
32 34 33*4
32 38
26.710
3134
58%
69
142
127
58% 59%
Peoria Decatur & Evansville..
58*8 58 34
59
58
May 13
June27 138
59 7,
6834 593s
1 70 130
130
130
583s
146
130
133
130
Philadelphia <fc Reading
Jan. 17
131
F'eb. 25 140
135
133
131
*130
80
35
Pittsburg Ft. Wayne <fc Cliic..16
May 25 40 Jan. 5
1,660
24
28
24
*2
25
%
20
22
Rensselaer & Saratoga
250
Feb.
7 99% 171
21% 21%
96
3.270
7
July
20*4 20*4
20
20*4
10134
100*2 100*2 101
174%
101
Rich.dfc Ailegli.,st’ck crust ctfs.
100
Feb. 15 122
102
May 15 263
100*4 100*2 101
14,400 H7
99
100
55% 56
50
55
56
Richmond & Danville
55
55*8
36% Mar. 22 22
55% 55*2
2234
June
8
64
54*4 06
54,235
53
33
33%
50%
32% 34%
Richmond & West Point
33
34%
Mar. 17 22
20
3 26
3234 34%
J au.
323a 333a
30=8
32*2
77%
39
Rochester & Pittsburg
20% Mar. 8 4334 Jan. 16
3,900
30
30
34
31*2 3334
14334
Rome Watertown & Ogdeusb.
30
Jau. 16 85
327,
55
2,505
Apr. 20 92
29
2934 2934
27
70
69
55
34
74%
39
7334
73
Bt. Louis Alton <& Terre Haute
68
68*2
68
65
70
63
1.350 3334 June 13 46% Jau. 25 55
63
39
39
39
Sl%
pref.
39
Do
38
38*2
66*0
Jan.
26
38
38
43
Mar.
8
2.350
62
3734 3734
90
115%
50*2 51% *51
Bt. Louis & San Francisco
50
50
106%
Jan.
17
50
50
410
7934
Fob
24
50*2
50
50%
98
*94
97
42%
97
Do
pref . .. 49
95
*93
July 13 26
95
94
800
26
Feb. 15 34
34
34
89%
Do
1st pref. *90*2 93
32*2 34
July 13 70
32
32*2
68
Jan. 19 89
2,150
89
*83
88% 11334
86% 89
Bt. Paul& Duluth
86
86
136% May 31
85
85*2
108%
Jan.
26
84
3,245
34
34
84
Do
41% 73%
pref
135% 135*2 135% 136%
134% 135
131*4 135
34% Mar. 9 51% Jau. 14 15
128,885
134% 134% 135
38
47*2 48%
47% 48:*4
Bt. Paul Minneap. & Manitoba 134
47*2 48*2
17% Jan. 7
46 34 48*2
10 % Feb. 15
46*2 47*8
4534
46%
15%
16
105 % 13134
rexas <fc Pacific
16
11934
Jan.
34.900 106% June 10
II434 116%
33% 60
Toledo Delpbos «fc Burlington
113% 113% 113*' i '1’3% ii3% i'1434
60,025
23% June 10 33% Jau. 14 6 4% 96%
ii'a" i‘1'3" iis” i'14
33% 34%
33% 33
Union Pacific
71%
Jau.
14
32%
3434
32
33\
45
31
% J uue 9
32%
70,000
29 7e 30 %
57 % 583,
57% 59
Wabash St. Louis & Pacific ...
55*2 59
54% 56*4
53% 55*4
5234 53*4
31
74%
Do
pref.
Feb. 14
69
Jan. 28
31
50
53
73%
Feb. 20
MISCELLANEOUS.
65
Feb. 17
60
47
47
100
67
American District Telegraph .
53% Mar. 30 35
38
6,245
47
%
47
47
47**4
Canton Company
113% July 5 89% 115%
46% 46*2
46 \
46
11,445 1023
46*4 4734
46
47*2
49
111%
112%
30
Colorado Coal & Iron.
112%
49% Jan. 10
477
”•111% 11234 111% 112% 11134
44% 44*
190
5 134
43
43%
Delaware & Hudson Canal.... 11234 113*8 112% 113
145
Apr.
41*2
41*2
123
Jan.
31
40% 40%
2,607
144% 144%
62%
141
145
11 39
New York «fe Texas Laud
141
141*2
37
Apr, 24 48 34 July
49,000
141
151
46% 46 7t
Jan. 18 120
4634
47*2
145
46
Oregon Railway
Nav. Co— 138
34
47
7i
117
June
5
46
46*8
483.
45
1,365
7,
4334 443.J
4%
3
%
Pacific Mail
J an.
1
127
127*2 127% 127 7i
126
% May 17
126
126
126
92
28 77
Pullman Palace Car
7 6 % Mar. 11 93% Mar.
107H80
8734 83%
Bntro Tunnel
S7% 89
86% 88 I 87% 8734
87*4 88*8
8634 87a4
10 120 ^
West.Union Tel., ex-certitio’s..
145 134
May 19 149% Jan.
98
139% 139*2 *139% 140 *t
EXPRESS.
140
140
139
90
Feb. 18 97% Feb. 25 62%
139
222
139
137
137*2*137
94%
94%
26 51 % 79
Adams
9334 93%
94
94
94
94
70
J une 8 80 *4 Jau.
759
93*2
93
I
93
92
73
*-.
142
*72%
American
73% 73%
June 8 112
131
*72% 74
73
73
Feb.
215 125
73
72
72 %! *72*126
128
126
126
United States
126
126
128
*125
127
*124
128
*125
43
30
Wells, Fargo & Co
Mar. 14 36% Jan.
23
200
32
32
14
29%
COAL ANI) MINING.
*27%
1934 Feb.
Jan. 17
*30
320
15%
32
’
32
*27%
1%
S%
Consolidation Coal
18% 18:%
2 % Mar.
1% June 8
8
%
Homestake Mining
2 % .J VA.
—
1% June 6
1734 35
.Little Pittsburg Mining
Jau.
13
May 2 26
17
17
32 % 38%
•17
May
Mariposa Land & Mining
Jan. 16 36
33
•16
18
254
240
Jan.
Maryland Coal
Jan. 17 245
240
12
21%
Ontario Silver Mining
14*4
Jan.
.Tune
21
8%
100
9
*8 %
53
75%
9
Pennsylvania Coal
*8*2
9
45 ‘u July 13 62 % Jan.
*8*2
500
9
9
9
47
*8%
27
*45
1734
45*2 45%
47
Quicksilver Mining
*45
19a4
Apr.
Jam
11
47
14
*45
1.2 15
48
*43
13% 18%
25
4534
I)o
pref
17% 18
37 % J uly
18%
23
18%
Mar.
18
18%
27%
18% .18%
4,BOO
18 *2 18%
7
36%
36
1
37
Standard Consol. Miuing
1 % Jan36 *2 37
35% 36%
% .June 3
14
4
Cameron Coal...'
634 Feb.
Jan.
5
5
%
Central Arizona Mining
% Jan. 17
25 14
18
Deadwood Miuing.
13% May 20
100
13%
Excelsior Mining
June
24
1
17
17
7
New Central Coal
Mar. 2
•j
4
1%
Robinson Miuing
1*0
Silver Cliif Mining
d.mpeake&OU.o
Quincy
Paul
Northwestern
iS
Pacific—
33*4
*33*2
34
*25
26
*136
136 34 137
130
130 34
130
131
114 % 115 34 115% 118
129
12934 129% 131
132%
131*2 132*4 132
146 *2 146 *2 14634 147*2
12934 12934
130. 130
*33 *2
35
26*2
26
2,236
1,561
1,150
10,818
67,129
13,120
16.834
2,139
2,090
27% Apr. 18
21
Mar. 9
127% Mar. 11
tl27 July 5
104% Jau.
4
11834 Apr. 14
f. Paul Minn.A Clev...
& Om.
Ind
pief...
Central
West
_
Paul...
pref....
Central
^
.Cliic
pref.
Minneapolis & St. Louis_^...
.
,
"
_
r*
«
g-ormont M'niny
*
These aro the
prices bid and
asked—no sa^e was made at the
Board.
t
Ex-privilege.
74
THE CHRONICLE.
[VOL. XXXV.
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
SECURITIES.
Bid.
Alabama—
Class A, 3 to 5,
Class A, 3 to 5, small...
Class B, 5s, 1906
Class C, 48, 1906
i
Ask.
SECURITIES.
80
! 85
..
119
105*2
112
n°8
120
120
120
A tch. T. & S. Fe—4 *2,1920
Atl. & Piic.—1st, 6s, 1910
Balt.&O.—1st,68, Prk.Br.
Bost. Hartf. & E.—1st, 7s
Guaranteed
Bur. C.Rap.& No.—1st, 5s
Den v.So. P. & Pac.—1 at,7 s.
Det. Mac.& Marq.— 1st,6s
•Land grant 3*2S, S. A...
E.T. Va.&G.—1st, 7S.1900
**5*2 34
10*2**
101*2
1st cons., 5s, 1930
Divisional 5s, 1930
Eliz.C.& N.—S.f.,deb.c.6s
i*0*7"
C.Rap. Ia. F.&N.—1st,6s
Central Iowa—1st, 7s, ’99
68, gold, series A. 1908.
6s, gold, series B, 1908.
6s, currency, 1918
*io*7* * 110”
82
50 7h
82 ••q!
51
100
I
122*2
Chicago & Alton—1st, 7s 12 i
413*2
Income 7s, 1883
Sinking fund, 6s. 1903. 113*2 114
La. & Mo. Riv.—1st, 7s
117
2d, 7s, 1900/
St. L. Jack. & Chic.—1st *115
1st, guar. (564),7s, ’94 415
2d (360), 7s. 189-8
2d, guar. (188), 7s, ’93
Miss.R.Br’ge—lst,s.f.6s
C.B.& Q.-8 p. e., 1st, ’83.
Consol. 7s, 1903
5s, sinking fund, 1901..
Ia. Div.—8. F., 5s, 1919.
8. F. 4 s, 1919
48,1922
4s 1921
C. R. I. &
1917
68, reg., 1917
Keo. & Des M.—Is, g.,5s
Central of N. J.—1st, ’90.
1st consul., assented,’99
P.-bs’cp"
1st, 6s, 1920
Eliz. Lex. & Big S.—6s...
Erie—1st, extended, 7h...
2d, extended os, 1919
3d, Is, 1883
4th, extended, 5s, 1920.
5th, 7s, 1888
1st cons., gold, 7s. 1920
1st cons., fd. coup., 7s..
Reorg., 1st lien, Gs.1908
Long Dock b’ds, 7s, ’93.
Buff.N.Y&E.—lst.1916
*
87*2]
|!
129 *2
97
9634
92
106
!Ev.& T.II.—1st. cons.. 6s. !
’V;
Fl’t&P.Marq.—M.6s,1920
Gal.liar. & S. Ant.—1st, 6s ! 104*2
96
115
2d, 7s, 1905
Bay W.&S.P.—1st,6a
Gulf.Co).& S. Fe—7s,1909; 105 *2 ..
H an.& St.Jos.—8s, conv..( 107
107*2Consol. 6s, 1911
103*4
Gr’n
.
i jHous.&T.C.—1st, l.gr.,7s.
105*2
1st, West. Div., 7s
110
1st, Waco & N.,7s
! 2d
125
consol., main line, 8s 120
2d, Waco & N., 8s, 1915! ...
128
105
H06
$334
58*
small
registered....
10
110
110
110
110
110
110
Richm. & Danv.—Cont.—
Atl.& Ch.—1st, p. ,7s,’97
1
Ill
Ext.—1st, 7s, 1909
2d, 7s, 1891
97
....
S’thw.Ext.—I8u7s,19l6
Income, 1900
Scioto VaL—1st, cons., 7s
Ext.—1st, 6s, 1921
St. L. & Iron
Missouri Kan. & Tex.—
j i'27*2
109
..
Do
Do
...
■
*87*8
Registered
Funding 5s, 1899
118
5734 I
57*2
new,
new,
District of Columbia—
.
.
j
81
....
cp., 5s... 1*
Buf.& S.W.—M. 6s,1908 *
ioi*s ibl’v
1866
1867
consol,
bonds
6s,
6s, ex-matured coupon.
6s, consol., 2d series
6 s, deferred
85*u 86 V
6s
*135
108 V 109
Cons., 7s, 1904-5-6
113*2 ii4
2d, income, 1911
72
10134 102*2
H. & Cent. Mo.—1st. ’90
101
101*2 Mobile & Ohio—New, 6s. 108*2
*
89
Collat. Trust, 6s, 1892..
Morgan’s La.& T.—1st, 6s
i’13**
Nash.Chat.&St.L.—1st,7s 113*2 114
74
75
2d, 6s. 1901
90
N. Y. Central—6s, 1883..
ib*2*4
6s, 1887
111
*102
6s, real estate, 1883
*9*6“
6s, subscription, 1883..
N.Y.C. & H.—1st, coup. *1.30*2
1*09** Ill
-130
1st, reg., 1903
104
105
109
Huds.R.—7s,2d, s.f., ’85 106
Can’da So.—1st,int. guar
93
93*2
Harlem—1st, 7s, coup..
128”
1st, 7s, reg., 1900
133
N.Y. Elev’d— 1st, 7s, 1906 114*2 115
N. Y. Pa.&O.— Pr.l’n,6s,’95
*
i'20" N.Y.C.&X.-Gen.
54 8: 00
,6s, 1910
2d, consol., fd.
*127*8 429
6s,
6s,
......
..
102*2
Mortgage 6rs, 1911
1921.
—
97*2
Minn.&St.L.—lst,7s,gu
IowaC. & West.—1st, 7s
Char. Col. & Aug.—1st, 7s
Ches.& Ohio—Pur. m’y fd.
reg.,
Virginia—6s, old
Gen. con.,
Denv.&Rio Gr.—1st,1900
1st consol., 7s, 1910
...
BONDS.
Pac.
127
1892-8-1900
Small bonds
Io\va
ii*i*2
new,
3-65s, 1924
Minn. & st. L.—Conr.—
1st,cons.,guar.7s,1906
1st,
6s,
68. new series, 1914
103
6s, coupon, 1893-99
Ask.
Brown consol’n 6s, 1893
Tennessee—6s, old, 1892-8
Rhode Island—
1st, Pa. Div.,ci).,7s,1917
Pa. Dir., reg’., 7s, 1917 *127
Alb. & Susq.—1st, 7s... 111*2
107
2d, Is, 1885
ibo*2
2
68, 1886
RAILROAD
Reus. & Sar.—1st, coup
class
Bid.
68, Act Mar. 23,1869)
non-fundable, 1888. )
Small
Ohio-
Del. & H.—Contin’d—
XStock Exchange Prices.)
Ala.Central—1st, 6s, 1918
Alleg’y Cen.—1st, 6s,1922
4
6
6
6
79
Do
class 3
Consol. 4s, 1910
10S
6s, loan, 1893
Railroad Bonds.
A.&O
Do
6s, loan, 1883
6s, loan, 1891
71*2
Do
Chatham RR..‘.
SECURITIES.
South Carolina-
12*2
12*2
Special tax,class 1. ’98-9
6s, loan, 1892
7a, consol., 1914
7a, small
A.&O
coup, off, J.&J.
coup, off, A.&O.
Do
1868-1898
New bonds, J.&J., ’92-8
113
Hannibal & St. Jo., ’86
Do
do
’87
New York68, gold, reg., 1887
6s, gold, coup., 1887
Ask.
20
20
125
125
103
102
10
10
Funding act, 1866-1900
108
110
Funding, 1894-’95
Louisiana—
Do
Do
Do
100
....
100
Bid.
old, J.&J
6s, old, A.& O
No. Carolina RR., J.&J.
100
68, due 1882or1883
6s, due 1886
6s, due 1887
6s, due 1888
6b, due 1889 or 1890....
Asyl’m or Univ., due’92
33
SECURITIES.
N. Carolina—6s,
6s, 1883
7 s, 1890
Missouri-
Arkansas—
6a, funded, 1899-1900
7a, L. Rock & Ft. S. Iss.
7a, Memp.A L.Rock RR
7a, L.R.P.B.&N.O. RR
7a, Miss. O. & R. R. R«.
7a, Arkansas Cent^RR.
Connecticut—68,1883-4..
Georgia—6s, 1886
7a, new, 1886
7a, endorsed, 1886
7a, gold, 1890
Ask.
Bid.
Michigan—
6a, 10-203,1900
BONDS.
N.y.& iXew Eng.—1st, 7s
1st, 6s. ft)05
N.Y.C.&St.L.-lst,Gs,1921
N.Pac.—G.l.g
8534j 8534
...
2d, pref., 7s, 1894
2d, income, 7s, 1894....
Belleville & S. Ill.—1st
St.P.Minn.&Man.—1st,7s
2d. 6s, 1909
Dakota Ext.—6s, 1910..
St.P. & Dul.—1st, 5s,1931
So. Car. Rv.—1st, 6s, 1920
2d, 6s, 1931
Tex.Cen.—1st,s.f.,7s,1909
Tol. Del.& Bur.—Main. 6-<
1st, Bayt. Div., 6s, 1910
1st, Ter’l trust, 6->, 1910
Va.Mid.—M. inc.; 6s, 19271
Wab. St.L.& P.—Geu’l, Gs
Chic. Div.—5s, 1910
Ilav. Div.—6s, 1910
Tol. P.&W.—lst.7s, 1917 108
85
66*
....
Ind’polis Div.—6s, 1921
Detroit Div.—6s, 1921..
10*2
I st.cn., 6s
Registered 6s, 19? 1
.,
N.O. Pac.—lst,6s,g. 1920..
N orf. & W.—G’i., 6s, 1931.. rtoi
Ohio & Miss.—Consol, s.f. 117
Consolidated 7s. 1898
2d consolidated 7s, 1911
1st, Springfield Div., 7s
Ohio
Mt.—1st, 7s
Iowa Div.—6s, 1921
.
Nevada Cent.—1st, 6s
2d, 7s, 1897
Arkansas Br.—1st
Cairo & Fulton—1st
Cairo Ark. & T.—1st
Gen. r’v& 1. gr., 5s, 1931
St. L. Alton & T. H.—1st.
Cairo Div.—5s. 1931
Wabash—M. 7s, 1909...
...
88
Tol.&
10134
117
'
117
94
94
Central—lst,6s,1920
1st, Ter’l Tr., 6s, 1920..
1st Min’l Div 6s, 1921.
OlnoSo.—1st, 6s, 1921
I
,
84
W.—1st, ext., 7s
1st, St. L. Div., 7s, ’89
2d, ext., 7s. 1893
Equip. L’nds, 7s, 1883
Consol., conv., 7s,1907
Gt. West.—1st, 7s, ’8S
2d, 7s, 1893
Q. & T.—1st, 7 s, 1890.
Ill.&So.I.—1st, 7s, ’82
Han.&Naples—1st, 7s
110
112
103*4105
V
100
108*2
100
101
106
Oreg’u&Cal.—1st,6s,1921 ‘104
S t. L. K. C. & N.—R. e. 7 s 106*2
99* Panama—S.f. sub.Gs.lOlO
General, 6s, 1921...
f
Om. Div.—1st, 7s.
110
107*2
H0U8.E.& W.Tex.—1st,7s *105
Peoria Dec.& Ev.—1st, 6s
106
Clar’da Br.—6s, 1919 *80
Conv., assented, 1902.. 110*4'
Ill. Cent —Sp Div.—Cp.Gs 112
Evans.Div.,
lst,6s,1920
100*4
St.
6s
Chas.Br.—1st,
ustment, 7s, 1903...I 106
106*2
Adju
Middle Div.—Reg. 5s.. 107
112
Pac. Railroads.—
No. Missouri—1st, 7s i 17'^. 12134
i.& W.B.—Con.g’d.as, 104
Leh.<
Cliic.St.L.& N.O.—g., 5s
02*2 102 V
Cent. Pac.—G., 6s
116*2!
West,
Un.
Am.D’k & Im.—5s, 1921
90
Tel.—1900, cp. 116
116*2
Dub. & Sioux City, 1st
02
San Joaquin Branch. 107*2*.:....
136
1900, reg
C.M.& St. P.—1st, 8s, P. D.
116*4 116*2
Dub. & S.C., 2d Div., 7s
Cal
&
I
405
Oregon—1st, 6s
N. W. Telegraph—7s,1904
2d, 7 3-10, P. D„ 1898.. 122 124
Ced. F. & Minn.—1st, 7s
State Aid bds, 7s, ’84 *10334
Spring Val. W.W.—1st,6s
1st, 7s, $ g., R. D.f 1902
Ind. Rl. & W.—1st prf.,7s!
Land grant bonds, 6s. 105
*11S*8!
Oregon RR. & N.—1st, 6s 40634 i*o*r
1st, Lac. Div., 1893
*9*6” **92."
1st, 4-5-6s. 1909
West, Pac.—Bonds, 6s 111*2’
1st, I. & M., 1897
'*117*21
75
2d, 4-5-6s, 1909
So. Pac. of Cai.—1st, 6s 105
V106
122
1st, I. & D., 1899
East’ll Div.—6s, 1921...j
94*s 94*34
Unio 1 Pacific—1st, 6s.. *
117
INCOME BONDS.
*117*2
1st. C. & M., 1903
103
Indiauap.D.&Spr.—lst,7s
Land grants, 7s, ’87-9 II434L..
Consol. 7s, 1905
120
12 f
2d,
5s, 1911
Sinking funds, 8s, ’93 12134'
100
(Interest payable if earned.)
2d. 7s, 1884
Int.& Gt.No.—1 st,6s,gold
lOO*3*
Registered 8s. 1893
120
1st, 7s, I.& D. Ext., 190S,*12078 121*8
88 * 88*2
j121
Coupon.
1909
6s,
Collateral
trust,
6s
Ala. Cent.—Inc. Gs, 1918.
S.W. Div., 1st, 6s, 1909; 107
;
Cen.—M. 6s, 1911
Kaus.Pac.—1st, 6s,’95 *113‘|
lOO' i Kent’ky
1st, 58, La.& Dav., 1919
Alleg’y Cent.—Tnc., 1912.
Lake Shore & Mich. So.—
1st,
6s,
1896
110*8
Atl.
& Pac.—Inc., 1910
1st S. Minn. Div.,6s, 1910
107
28"
Mich.S.& N.I.—S. fd.,7s 107
109 '
Den. Div.,6s,as’d, ’99 109*2
Central
of N. J.—1908
115
1st, H. & D., 7s, 1910
90'*2 91
11534
Cleve. & Tol.—Sink. fd.
1st consol.1. 6s. 1919 103*4
Chic.
Ch. & Pac. Div.. 6s, 1910; 108
St.L.&N.O,-2d, 1907
New bonds, 7s, 1886
C.Br.U.P.—F.c.,7s,’95 100 I
Col. C. & I. C.—Inc. 7s. ’90
lstChic.& P.W.,5s,19211
46
9134 91V
50
Cleve. P. & Ash.—7s
90*2
At.C.&P.—lst,6s,1905
Min’l Pt, Div., 5s, 1910*
Cent.
92
Ia.—Coup. deb. ctfs.
Buff. & Elio—New bds.
120
At,
J.
Co.&W.—1st, 6s
C.& L.Sup.Div.,5s, 19211
Ch.St.P.& M.—L.g.iuc. 6s
92*2 96
Kal. & W. Pigeon—1st.
Ore/.Short L.—1st, 6s 103
Chic. & E. Ill.—Tnc., 1907 ”80**
C. & N’west.—S. fd. 7s, ’851
Det.M.&T.—1st.7 s,1906
Ut.
So.—Gen.,
7s,1909 104*2!
Interest bonds, 7s, 1883! 103
DesM.&Ft.D.—1st,inc.,6s
Lake Shore—Div. bonds
?126
*95
Extern,
1st,
7s,
1909
Det. Mack. & Marq.—Inc.
Consol, bonds, 7s, 1915. *132‘
'4*5"
Consol., coup., 1st, 7s 127*8 127*2
Mo. Pac.—1st cons., 68.
100 *2! E.T. V.&Ga.-Inc,,6s,1931
Extens’n bonds, 7s, ’85
48
48
Consol., reg., 1st, 7s
1127
109'
3d,
7s,
1906
El.
C.&
110*4
No.—2d
110
1st, 7s, 1885
inc.. 1970
Consol., coup., 2d, 7s. 122 j125
Pacific of Mo.—1st, 6s 108
G.
CoupoD, gold. 7s, 1902.. 126
126 78
15
108*2]
BayW.& St.P.—2d, inc.
*20**
'Consol., reg., 2d, 7s... 122 1124
111
2d, 7s, 1891
112
Ind. B1.&West.-Inc., 1919
126*2 127
Reg., gold, 7s, 1902
Long Jsl. R.—1st, 7s,1898 118*2 120
St L.& S.F.—2d,6s, cl. A
100
Consol.
Sinking fund, 6s, 1929
Inc.,
6s,
1921...
1st consol. 5s,
1931..'...] 97^ 9734
3-Gs, class C, 1906
8*8 *2 90
Ind’s Dec.& Spr’d-2diuc.
Sinking fund, reg
Louisv.&N.,—Cons. 7s,’98; 117*4 118
3-6s, class B, 1906
88*2 90
100
Trust
Co.
Sinking fund, 5s, 1929
certificates
1013s'
101
2d, 7s, gold, 1883
1st, 6s, Peirce C. & O
*98
Int. & Gt. North.—2d inc.
Sinking fund, reg
Cecilian Br’ch—7s, 1907 105
Equipment, 7s, 1895.
Iowa Midland—1st, 8s. *112
2d assented, 6s, 1909...
N.O.&Mob.—Ist,0sl9;'>0
So. Pac. of Mo —1st
;
94
*120
10334[
Leh. & Wilkesb. Coal-’88 '81***
Peuinsula-^lst, conv. 7s
E.H. & N.—1 -t, 6s, 1919
93*2
Tex.&Pac.—1st,
404
6s,
1905
120
Lake
Chicago & Mil.—1st, 7s
E. & W.—Inc. 7s, ’99
57
95 V 96
General, 6s, 1930
-90
Consol., 6s, 1905
Winona & St, l’et’r—1st 105
50
53
Sand’kvDiv.—Inc., 1920
Peusac’la Div.—6s, 1920
1100
In. omo & I’d gr., reg
66 *2 66 -8] Laf.Bl.&Mun.—Inc.7s,’99
2d, 7s, 1907
120
55
53
St.L. Div.—1st, 6s, 1921
1st, RibG. Div.,6s,1930
86
Mil.&M ad.—1st,6s,1905
Mil. L. S. & W.—Incomes
114
77
8634;
2d, 3s, 1980
|
Pennsylvania RR.—
C.C.C.&Ind’s—1st.7s .s.f.
Mob.& O.—1st prf. deben.
123
75*2 76
Naslxv. & Deo.—1st, 7s.
1120
Pa.Co’sguar.4*2s, 1st c.
9534
Consol., 7s, 1914
i 21**2
2d pref. debentures
44
S.&N.Ala.—S.f.,6s,1910
Registered, 1921
9434
3d pref. debentures
C.St.L.&N.O.-Teu.lien,7s 116
40*a
Leban’n-Knox—6s 1931
Pitt.C.&
St.L.—1st
c.,7s
1st, consol, ,7s ,1897
116
4th pref. debentures
120
27*2
Louisv. C.& L.—6s, 1931
1st reg., 7s, 1900
C.St. P.M.&O.—Consol.,6s 104
N.Y.Lake E.&W.—Inc.Gs
62*2
104*8 L. Erie & W.—1st,6s, 1919 103
2d, 7s, 1913
C.St.P.&M.-lst,6s,1918
N.Y. P.&O.—1st inc.ac.5-7
*40
114*2 ! Sandusky Div., 6s. 1919
100
Pitts. Ft. W. & Ch.—lsi
No. Wis.—1st, 6s, 1930.
Ohio Cent.—Income, 1920
30
36
Laf.Bl.& M.—1st, 6s, 1919 '99*2 100
2d, 7s, 1912
1
Min’l Div.—Ine.7s, 1921
St.P.&S.C.—1st,68,1919 ill
1135
ill* *2 Louisv. N.Alb.&C.—1st,6s
101*2
3d, 7s, 1912
Chic. A: E. 111.—1st,s.f.,cur.
98
Ohio So —2d inc., 6s, 1921 *23** 30*
iMauhat.B’chCo.—17 s, 1909
Clov.&Pitts—Cons. s.f. 120
Col.& Green.—1st,6s,1916
Ogdens.& L.C.—Inc.,1920
N. Y.&M.B’h—lst,7H,’97
4th, Kink, fd., 6s, 1892 *106
2d, 6s, 1926
Peoria D.&Ev.—Inc.,1920
80"
90
Marietta & Cin.—1st, 7s.
C0I.C.& I.C.—lst.cousol *120
Bel. L.& W.—7s, conv. ’92 *127
121
Evansv. Div.—Tnc., 1920 *52*2 •••«»#
130
1st, sterling
127
.2d consol., 7s, 1909...
Mortgage 7s, 1907
Roch.& Pitts.—Inc., 1921
Metrop’lit’n El.—1st, 1908 100 v 101
lst.Tr’st Co.ctfs.,ass’d
Rome W. & Og.—Inc., 7».
50
40
Syr.Biug.&N.Y.—lst,7s 12334 125
2d, 6s, 1899
94
2d.
Tr’st
Morris & Essex—1st, 7s 136
Co.ctfs.,ass’d
So. Car. Ry.—Inc.,68,1931
49
49*a
137
Mich.Cent —Con.,7s, 1902 124*2 126
2d, 7s, 1891
St.
Louis
I.
Mt.
& So.—
*117*8
1ft, Tr’tCo.ctfs.suppl.
1st, 8s, 1882, sink’g fd.
St. L. V.&T.H.—lst,g.,7s
105*2
Bonds, 7s, 1900
*117
1st, 7s, pref., int, accum.
7s of 1871. 1901
2d, 7s, 1898
121*2 123
2d,
6s,
int.
acc’ranlative
**8*6" *9*0 *
)9
2d, guar., 7s, 1898....
1st, consol., guar., 7s. 120*2
St’gr.&Ry.-Ser.B.,inc.’94
1931
Coupon,
5s,
104*2
Pitts.B.&
B.—
Bel. & H.—1st, 7s, 1884.. 105
1st,6s, 1911
Plain incomes 6s, 1896.
io*6 *2
Registered, 5s, 1931
R »me W.& Og.—Con.. 1st
78,1891..
116
’Sterling Mt.Ry.—Inc.,’95
Jack.Lan.& Sag.—6s,’91 105*2
R >ch.& Pitt.—1st,6s,1921
*
1st ,ext, ,7s, 1891
St. L. A.& T. H.—Div. bds
50
70
115
Mil. .2 No.—1st,4-o-6s,1910 *91
’OS*' Rich. & Al.—1st, 7s, 1920
Coup., 7s, 1891
1T0I. Del.&B.-Inc.,6s,1910
iis 120
23
21
Mil.L.S.&W.—lst,6s,1921
100 a4 jRich.& Danv.—Cons.g.,6s
Reg., 7s, 1894
118
| Dayton Div.—6s, 1910..
Minn.&St.L.—1st,7s,1927 ii*5*78 117
Debenture 6s, 1927....
Tex. &St. L.-L.g.,inc. 1920
'
118*8
;
...
jliOV
..
--
.
......
....
....
-
•
•
•
.
..
.
..
..
...
.
!
...
..
..
*
.
....
.
..
-
....
1
...
’53*2!;:::::
......
.
.
■
......
...
--
.
.
.
.-
.....
.
....
******
»m’t bds., 8s, 1883
...
*•••••
,
1
*
No price
Friday—these are latest quotations made th 14 week*
Ex June coupon*
mm••••
1882.J
15,
Jolt
New York
Stock List.
[Quotations by K. 8. Bailky, Broker,
No. 7 Pine Street.]
List.
Philadelphia and Baltimore.
Quotations in Boston,
Local Securities.
Ask
Ask.
Bid
BBOURITISa.
Insurance
Bank Stock
75
CHRONICLE.
THE
.
Jam. St Atl. 2d m. ds, 1904.
do
112}$
cons., 6 p. c
Cam. St Burlington Co. es.'itt.
Catawlssa 1st,7s, conv., cp.’32
103
BOSTON.
19J
119
Topeka 1st m.7s
do
land grant 7s 114
Atlantic St Paclfl?, «a
<<o
income..
Boston St Maine 7s
Jotton <* Albany 7s
do
6s
Boston St Lowell 7s
do
6s ....
ooston St Providence 7s
lurl. St Mo., land grant 7s... .
112)4
do
Nebr.6s
Ex 103}$ 194
do
Nebr. 6s
83
do
Nebr.4s.
84«
Chicago Burl. & Quincy D.Ex
vtch. St
Par.
Harked thus (*)
not National.
Bid. Ask.
American
American
Ui
....
Exchange
Broadway
Brooklyn
Citizens’
City
,
Butohers’ St Drov’rs’
12S
125
Central
Chase
Columbia
Commercial
Continental
City
Commerce
Eagle
Citizens’
Exchange*
Farragut
Firemen’s
Firemen’s Trust
Franklin A Emp....
Bast River
Eleventh Ward*
Fifth
Fifth
Avenue*
German-American..
First
Fourth
Fulton
Gallatin
German
German
121% 122
Germania
127
Globe
Greenwich
•••
Guardian
American*.
Exchange*.
TTjimilt.on
Hanover
Hoffman
Home
Germania*
Greenwich*
Hanover
Howard
Imp. and Traders’...
Irving....
Importers’ A Tr’d’rs
Irving
Island City*
Leather Manul’trs’.
Jefferson
Kings County
146
HO
Manhattan*
Marine
Market
(Bkn.)
Knickerbocker
Lafayette (Br’klyn).
Lamar
Mechanics’
Mechanics’ Assoc’n.
Mechanics’ & Tr’drs’
Long Island
Mercantile
Manufac’rs’A Build.
Merchants’
Manhattan
....
.
Mech. A Traders’...
Merchants’ Excli’ge
Metropoiis*
Metropolitan
Mount Morris*
Murray
(B’klyn)
Lorillard
Mechanics’(B’klyn).
■
Hill*
107
Nassau*
New York
New York County...
N. Y. Nat’l Exch’ge.
Montauk (Brooklyn)
.
*
Nassau
(Brooklyn)..
National
New York Equitable
New York Fire
New York A Boston.
New York City
Niagara
.
North River
Ninth
North America*
North River*
Oriental*
Pacific*
Pacific
Park
Peter Cooper
Park
People’s*
Phenix...
People’s
Produce*
Republic
Phenix
Relief
Bt. Nicholas
Republic
9S
Seventh Ward
Rutgers’
Second
Shoe and Leather. .
ftxth
State of New York..
Standard
Star
Sterling
Third
Stuyvesant
Tradesmen’s
108
155
Tradesmen’s
Union
United States
West Side*
United States
Westchester
Williamsburg City..
150
155
no
210
1h7
195
100
125
140
50
105
245
230
85
130
100
235
220
80
100
120
80
105
100
40
100
30
50
17
10
100
100
50
50
25
100
15
50
50
100
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50
Exchange
Ask.
150
117
30
50
Empire City
121
...
Bid.
105
200
185
175
•
Chatham
Chemical
Corn
50
100
25
25
17
20
70
100
Bowery
Broadway.........
Continental—..
Par.
COMPANIES.
iz>7
America*
Am. Exchange...
Bowery
Prick.
PRICK.
COMPANIKS.
110
194
145
115
270
70
120
148
75
150
80
75
55
145
Paasnmpsic, 7s
nValey.ls
California Southe'n, 6s
Conn a
C-. nnott
155
96
90
63.
153
K
Knit
Little
Mass
.
85
110
75
h0
105
65
no
85
140
150
80
112
115
100
120
159
105
20
67
185
100
200
125
195
120
150
75
N5
155
125
83
60
133
80
135
125
260
STOCKS..
Atchl*on A
98%!
Topeka
Gab Companies.
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
do
bonaB
Harlem.
Jersey City A Hoboken
Metropolitan
bonds
Mitual,N. Y
bonds
Nassau, Brooklyn
scrip
do
„
New York
bonds
Municipal
.
F.A A.
Var
AN.
M.
700,000
4,000,000 M. AN.
1,000,000 J. A J.
375,000 M. AN.
125,000 Var.
466,000 F.A A.
1,000,000
1,000,000
1,000,000 Quar,
1,000 1,000,000 A.A O.
100 1,000,000 M. AN.
100 3,000,000
Metropolitan, Brooklyn
do
Quar.
50
Williamsburg
dp
5,000.000
25
Va
100
10
Var.
50
Bonds
Central of New York
750,000 J.AJ.
4,000,000 J. A J.
2,500,000 MAS.
1,000,000 F.A A
1,000
1,000
Bonds
P:
2,000,000 Var.
1,200,000 Var.
315,000 A. A O.
1,850.000 F.A A.
.
People’s (Brooklyn)
:
25
20
50
20
50
100
500
100
Manhattan
do
Amount. Period
1,C00
.
do
Par.
750,000 M. AN.
bonds
100
Fulton Municipal
Q
Date.
ft?
*
5
May
2% July,
7
Aug.,
H
7% July.
5
4
3
June,
May,
1% July.
3% 1882
3
Sept.,
3% My,
5
May,
3% Jfit..,
7
6
3
1900
6
2% Jan.,
3
0
A Albany
li. A Fitch
Boston
Boston A
Providence
„lfltmortgage...,
100
1,000
10
Brooklyn City—8tock
1,000
1st mortgage
Broadway (Brooklyn)—Stock ..
Brooklyn Crosatowu.—St’k ...
1st mortgage bonds. I
Bushwick Av. (B’klyn)—Stock.
Central Pk. If. & E. Kiv.—Stock
100
100
2,100,000
1,500.000
2,000,000
300,000
200,000
400,000
1,000
100
100
Q-J.
J.AD.
Q—F.
MAN.
Q-J.
Jpj-
300,000
500,000 J. A J.
1,800,000 Q-J.
1,000 1,200,000 J.AD.
100
650,000 F.A A.
Christopher St Tenth St.—Stock
250,000 J.AJ.
1,000
Bonds
100 1,200,000 Q-F.
Dry Dock E.B.St Batt’ry—Stock
consolidated
Eighth Avenue—Stock
•
:1st mortgage
48d St. St Grand 8t.
1st mortgage
.,
Ferry—St’k
-
....
Central Cross Town—Stock ....
1st mortgage
Houst.West St.A Par.F’y—St’k
1st mortgage
Second Avenue—Stock
8d mortgage
Consol, convertible
Extension...
Sixth Avenue—Stock
1st mortgage
Third Avenue—Stock
1st mortgage
Twenty-third Street—Stook...
1st mortgage
500Ac
100
1,000
100
1,000
100
1,000
100
500
100
900,000
1,000,000
203,000
748,000
236,000
110
70
110
95
170
220
175
109
90
103
52
95
117
45
107
90
85
00
104
!82
no
78
7
3
2
7
'102
7
Dec. 1902 116
A.AO.
600,000
900,000 M.AN.
250,000
260,000 M.AN.
7
6
7
7
7
4
7
7
7
5
7
5
7
4
7
100
May, ’82 240
June,’93 115
200
Jan., '84 100
May, ’82 200
Apr., ’93 110
70
Nov.1904 103
70
July. ’94 105
98
Connecticut River
Passurnpslc
Valley.
Conn. A
714
4-4%
.
Connotton
(Mass.).
(New Hampshire)...
Eastern
Eastern
Fitchburg
Flint A Pere
do
Fort Scott A
127
pref.....x
Gulf, pref
125
A Sioux City
Rock A Fort Smith
Iowa Falls
Llt-.e
Maine
entral
<
...
mi
90
71
7*3
71%
72
....
fliancheste* a Lawrence....
Mar. Hough. A Out
Mar. Hongh. A Out., pref.. ..
NashuaA Lowell
New York A New England...
L.Champlain
Old Colony
Pullman
Rutland,
128
129
25%
247$
preferred
123
Beach A Lyun
Tol. Cin. A St. Louts
Vermont A Massachusetts
Worcester A Nashua
7%
Revere
17%
pref
CITY BONDS.
do
Phil*.,
do
do
do
do
118}$
reg.,l892-iyuV
1894—1904
3Mveg.,Ut2
do
ao
!
18%
pref
do
pref
do
new pref...
Delaware A Bound Brook....
East Pennsylvania
|
54%
53
27
do pref.
do
pref
Little Schuylkill
Mlnehlll
iio
no
July. ’901110
115
May, ’82 200
.July, ’90; 109
n's
,’82 151
’93 110
stocks, but the date of maturity of
10%.
355
115
bonds.
in
default.
rn.6s.rg.,*97.
90
100
91
Baltimore 6s, 1S34, quarterly,
do
68, .886, J.A J.........
do
6s, 1890, quarterly...
do
6s, park, 1890, Q.—M.
do
6s, 1893, M. AS
do
68,exempt,’9S.M.AS.
do
0s, 1900, Q —J.......
68.1902, J.A J
109
117%
111
130
130
124W 125
13i*
Par.
Balt. A Ohio
1st pref .......
do
do
2d pref
Western
100
42%
Maryland;
Central Ohio, common
Pittsbu g A
42%
193
124
120
196
10
50, itt%
50 46%
Connellsvllle...
RAILROAD BONDS.
Balt. A Ohio 6s. 1885,A.AO.
..
Cin. A Baltimore. 7b, 1900 ....
N. W. Va.bd m.,guar.,’85,JAJ
Pittsb. A Conneusv.7s,’#8,J AJ,
Northern Central 6s,’85, JAJ
1C 6%
121}
106)
68,1900, A.AO.
117
Oen. Ohio 6s. 1st m..’90.M.A S.
W. Md. 6s,1st
do
1st m., 1890,J.AJ....
do 2d m.,gnarM J.AJ—
do
2d m.,pref
do 2d m.,gr. by W.Oo.JAJ
do 6s, 3d m., guar., J.A J.
Mar. A Cln. 7s. ’91. F. A A ...
do
2d, M. A N
do
Ss, 3d, J.AJ
Union RR. 1st, guar., J. A J..
do
O nton endorsed
110
do
do
96
00
do
Wash. Branch.100
do
Parkersb’g Br..50
50
29% Northern Central.^;
13
BONDS.
Inc. 7s,
m.78,rg.,19i,...|110
6s,gld,1900, J.AJ.
iio
m.,gr.,’90,J.AJ.
prof...
end.,c.’94
Belvldere Dela. 1st m.,6s,1902.
do
2dm. 6s.’85..
do
Sd in. 68, ’37..
Camden a Am c
*.oup,’-6s, coup., ’69
do
do
mort. 6h. >>u
Cam. A 4tl. Mm
1™
*
__
188
Allegheny Val..7 3-10s,1896... 120
7s, E. ext., 1910
do
do
108%
iul
100
104
uo%}...;
Lehigh Navigation
Pennsylvania
Schuylkill Navigation
11*5
118
Gr’nw’d Tr.7s, rg.,’92'
Morns, boat loan, reg., ls3 >..
RAILROAD STOCKS.
04%
60%
do
do pref.
United N. J. Companies
West Chester consol, pref....
West Jersey
West Jersey A Atlantic
CANAL STOCKS.
do
RAILROAD
cons.
do
5s, 1916, new
Norfolk water,8s..,
48
A N. Y
'29%
Pulladelphla A Read ng
Philadelphia A Trenton
PhUa.Wflmlng. St Baltimore.
Pittsb. Cln. A Bt. Louis, com.
Dt. Paul A DuluthR.K. Com .
110
245
119
do
do
do
'.ewiown
Phiia.
118
Phll.Ali.CoalAIr’n deo.7s,»2*
do
deb. 7s. cps.ofl
do mort., 7s, 1892-4
BALTIMORE.
pref..
Mt. Joy A Lancaster.
Huntingdon A Broad Top...
Lehigh Valley
113%
do
2d m. 68, reg.. 1907
MISCELLANEOUS BONDS.
104
Penn. Co., 6s. reg
do
do 4%s, reg.,1921
do
do
co .p., 1921
Har. P.
do
93%
Pennsylvania 6s, coup., 1910..
Williamsport
do
96
Lehigh Naviga. m.,6s, reg.,’84 103
do mort. KK., rg . ’97.... 116
18% Schuylk. Nav.l8t
pref.
Catawlssa
Elmira A
do
Syra.Gen.A Corn’..,1st,?s,l*05 107
Texas A Pac. 1st tn.,6s,g..l905
do
Rto Gr. D v.,1330.
do
cons. m.,6s,g.,1905
lnc.A 1. gr., <s 1915
do
Union A Titusv. 1st m. 7s, ’90.
United N. J. cons. m. 6s,’94 .
Warren A F. 1st m.7s,’93.....
West Chester cons. 7s,’91. ..\
West Jersey 6s, deb.,coup.,’8;>
do *
1st m. 6s, cp.,’96.
do
1st ni. 7a, ’99
do
cons. 0s, 1909
W. Jersey A Ati. lstm Ss, cp.
Western Penn. RR. 6s,cp.’a6.
..
do
6s P. B..’9rt.
do
gen.m.7s.tp., 190i
CANAL BONDS.
Ches. A Del.. 1st m., 6s, 1886
stocks.t
Allegheny Vadey...
Buffalo Pitts. A Western....
do
Camden & Atlantic
95
2o
.
116
:912
6s, taxel, reg., I*82 ’94
126
6 >, untaxed..reg., *;6-’d5 101%
48, reg , V2 Cu
4^, re«.. ’91’-99
4s, i eg , 190 ’*19 4
railroad
’97..
Sunb. Haz. A W..lst m.^s.^S.
do
2d m.6s, 1933..
*37
Palace Car
Penna.5s, new,
do
4s, reg.,
do
4b reg.
Sunbury A Erie 1st m. 7s,
... 132
Portsmouth
Portland Saco A
Rich.A Danv.con3.1ut.6s,19'.5
Shamokln V.A Pottsv.7s, 1901
lud
Hampshire...
Norwich A Worcester
Northern of N.
Ogdensb. A
ao conv. 7s, R. C., 1393*
do
7s, coup, off, %
Phil.Wilm.ABalt ,4s,Tr.certs
Pitts.CIn.ASt. L. 7s, reg., ISO*do
do
7s, cp.. 19 Hi
Pittsb. Titusv. A B.,7s,cp..’96
72)$
common.
do
24
23)$
Marq
105
.
"«*>
Philadelphia A Erie
Phila. Ge-m. A Norristown..
July, ‘82 152% 158
Apr , ’66 103
ios%
Nov., ’88 107
Sept.. ’83 155
Mar., ’82 250 260
Feb
May
28)4
...
Pennsylvania
July, ’82 190
July, ’82 150
1888 |103
2% July, ’82 135
2
July. ’82 143
2% Feb., ’82 100
108
10}$
122
122
106
104%
po
do
5s, 920
Pnlla. Newt’n A N.Y..lst, ’9.
120
Phil.A R. lstm.6s,ex.dae i9t0
do
2d m., is, ep.,93.
124
do
cons. m..7s,rg.,1911
,-123%
do
do
cp.,11*11
do cons.m.6s,g.lRL)19il
do lrao.ra.,6sg„ l. is*do gen. m. 6Jtg..C.l£0- 96%
95
do In. m.,?8,conp., $96
60
do d«b. couo., l"93*
oo
do coup, off, 1S93
103
do scrip, 1882
67%
Concord
Northern Central
North Pennsylvania
Juue ’841103
3% May, ’82 2J5
Q—J.
J. A J.
M.AN.
24
7
12
58
66
Norfolk A WesUrn. com
pref....
do
d>
J’ly.lWOi 105
2% Jaly, ’82:149
1898
-.
148
Nesquehonlnj* Valley
July, ’£2
J.AD.
500,000 J. A J.
1,000
100 2,000,000 Q—F.
1,000 2,000,000 J.AJ.
100
600,000 F. AA.
his column shows last dividend on
Ask.
7
7
4
7
500,000 J. A J.
1,199,500 J. A J.
150,000 A.AO.
1,000
1,000 1,050,000 M.AN.
200,000 M.A 8.
tOOAc
100
750,000 M.AN.
1.000
105
....
102)41
.x
Chesmre prererred
Chi
A W. Michigan
Cin. Sandusky A Clev
STATE AND
*
Consolidated mort. bonds....
1st mortgage,
j
65
.
..
uowel:
Maine
PHILADELPHIA.
Broker, 145 Broadway.]
900,000 J. A J.
094,000 J. A J.
100
1,000
May.
LifcS
••
■)—
1st mortgage
Jan.,
1% Feb..
*82 I <2%
’82 65
(05
’-2 93
’82 105
*82 217
170
105
’82 93
100
»K1 .ie
’82 90
’82 116
’70 40
105
Ac 80
’82 75
’82 55
101
’82 05
’82 180
l.Mu.0001
(.Quotations by H. L. Grant,
Broadway St Seventh at.—St’k
1397
1900
Bid.
88
:05
do
do
5«,reg.,19H
123%
Pa.A N.Y.C. A RR. 7s, th'Jo ..
do
1906 ....
105
Perkiomen 1st m.6s,coup.,,s
Phila. A Erie 2d hi. 7s, cp.,’38 113)4
do
cons. mort. 63. 920
93%
jl65>fc
...
Bono i C
Boston A
Boston A
<io
Bonds.
H. Prentiss, Broker, 11 Wall Street.]
80
121
A So. Pac. 7s...
jgdensburg A L. Ch. con. 6 .
do
Inc.
103
Old Colony, 7s
Old Colony, 6s
114)4
Pennsylv.,gen. m. 6s, rg.,1910 123%
122
Faeblo A Ark. Valley, 7s
do
gen. m. 6s,cp.. 1910
US
Rutland 6s,1st mort
105
do
cons. m. 68, rg., 1905.
105}$'
Sonora 7s
do
cons.m. 6s. cp.. 190‘. 117%
Railroad Stocks and
[Gas Quotations Dy oeorge
118)41113}$
...
New Mexico
Wisconsin Central
Gan and* City
Little Schuylkill, 1st m. 7s,’82
N. O. Pac., 1st m., 6s, 1920 ..
North. Penn. 1st m. 6s, cp.,’35
do
2d m. 78,cp., ’96.
do gen. m. 7s. reg., 1903
do gen. m. 78, cp., 190b
do aebenturics,re?...
Norf’kA Went.,gen. in.,68.1.31
Oil Creek, 1st 6s, coup., Hi<..
40)4
80%
104*
116-6
..
7s
con.'m.,68,rg.4?23
do
Sa.cp., I9<:8i....
do
do
,
:
6s
90
Lehigh Valley, lst.6s,reg., ’J* 120%
do
lst,8a.cp.,1898 120}$
do 2d m. 7s, reg., 1910.. 133
53%
105
104
115 '
lU7
Ss.perp
Ithac&A Athens 1st g d, 7s.,’90
function 1st mort. 6s, ’82
do
2d mort. 6s, 1900 ...
80*-
.
do
210
80
105
70
75
100
60
K-0
7.5
130
140
70
105
110
150
37% 105
140
35
97
100
1ft
100
60
100
175
50
100
25
190
25
120
100
185
20
115
50
145
50
65
50
75
100
145
25
no
50
75
100
100
53
125
25
25
ID
130
25
10
120
250
50
Central. 6s
Mexican Central, Is
New York & New Eng.
do
Harrisburg 1st mort 6s, ’83...
H. A B. T. 1st m. 7s, gold, *90.
ao
cons. m. 5s, 1395....
112
52%
128
..
*
80
110
Connecting 6s, ep. 1900-1904.
Delaware in.. 6s, reg.Acp.,var
Del. St Bound Br., 1st, 7s. 1905 125
107
Bast Penn. 1st mort. 7s, ’88
Easton St Amboy, 5s, 1920....
Bl.A W’msport, iatm.,6z,19l0
109% 109s
Mass.,4*8,new. ...
Fort Scott & Gulf 7s
dartford A Erie 7S
—
.ttuira.
125
90
114
120
200
150
120
300
75
125
153
80
19C
'54
.
do
chat. m..10s,’68
do
new 7s, 1900,r.A ep
Chartlers Val., lstm.7a.C.,\so’.
t i'ci
105%
105%
103
106
112%
share*
121%
120
50
Consolidated Gas
do
bonds
116%
105
115
108
}H%
127
128%
101%
102
50%
60%
115
43%
103
il03^
76
-
rHE CHRONICLE.
Railroad
Earnings.—The latest railroad earnings and the
January 1 to latest date are given below. The
totals from
statement includes the gross earnings of all railroads from
which returns can be obtained. The columns under the head¬
IVOL. XXXV.
July 8:
Average
Banks.
ing “Jan. 1 to latest date” furnish the gross earnings from Jan.
1 to, and including, the period mentioned in the second column:
Capital.
Loans and
discounts.
Specie.
amount of
Legal
Tenders.
$
Latest
Roads.
Earnings Reported.
Week or Mo
1882.
Jan. 1 to Latest Date.
1881.
1882.
1881.
2,000,000
2,050,000
2,000,000
2,000,000
£
1
f
$
Ala.Gt.Southern May
Atcb.Top.& S.Fe
■’Vi
54,853
June
1,147,000 1,197.550
Bost.Cl.F.&N.B. May
Bost.&N.Y.A.-L.
Buff. Pittsb.&W.
Bur.Ced.R.&No.
Cairo & St. Louis
Cent. Br.Un. Pac.
Central Pacific.
■Obesap. & Ohio.
Chicago & Altou
Chic. Bur. & Q..
Chic. & East. ill.
Chic.&Gr.Trunk
Chic. Mil & St. P.
Chic. & Northw.
f
Ch.St.P.Min.&O.
Chic. & W.Micli.
Cin.Ind.St.L.&C.
Cincinnati South
Clev".Akron& Col
Col. Hock.V.&T.
Denv. & Rio Gr.
DosM.dc Ft. D..
Det. Lan. & No..
Dub. & Sioux C.
5
A
Eastern
E.Tenn.Va.&Ga.
Europ.&No.Am.
Evansv. & T. H.
Flint <fe P. Marq.
Gal.Har.&Sau A
Grand Trunk.,..
Great Western..
Gr.BayW.&St.P.
Hannibal& St. Jo
Hous.E.&W.Tex
Illinois Cen.(Ill.)
Do
(Iowa)
Ind.Bloom.& W.
Int. & Gjb. North.
Iowa Central
K.C.Ft. S. & Gulf
K. C. Law. & So.
L. Erie & West’n
L. R. &Ft.8mith
Long Island....
L0U1SV.& Nashv.
Maine Central.
Mar.Hough.&O.
35,679
25,880
66.876
42,674
May
May
1,200,000
3,000,000
1,000,000
$
52,304
31,887
308,050
295.117
6,800,718
5,396,206
^
ii 8,590
109,42 i
243,904
C
23,216
50,813
43,745
307,963
£
G
1,530,838 1,574,371 6,213,189
1st wk J’ly
29,204
31,286
843,714
Wk.July 8
32,973
20,947
1st wk J’ly
331,000
364,834 9,47*1*000 7,483,6*35
1st wk J’ly
419,040
452,731 10,923,533 9,495,455
1st wk J’ly
75,259
2,292,692 1,769,745
May
128,150
108,347
603,100
482,069
2 wks June
100,917
1,117,840 1,011,935
208,188
May
967,58"
801,587
1st wk J’ly
8,926
244.387
209,611
1st wk J’ly
45,281
1,310,934 1,08'»,602
1st wk J’ly
113,406
3,265,039 2,690.059
3d wk J’ne
5,330
166,272
145,527
3 wks J’ne
87,997
728,900
581,375
June
88,598
553,054
484,885
May
273,361
1,218,929 1,125,605
June
208,398
March
47,132
118,805
103,831
1st wk J’ly
18,602
May
176,137
889,412
744,07*6
2d wk J’ne
34,896
579,497
520.089
Wk. July 1
213,615
5,321,895 5,366,205
Wk. July
107,076
2,519,686 2,676,799
3d wk J’ne
7,837
172,427
166,453
1st wk J’ly
38.877
943,155 1,055,234
June
23,344
122,323
66,010
June
520,810
3,203,330 3,065,375
June
142,936
905,425
787,833
1st wk J’ly
46,040
1,198,475 1,191,975
4th wk J’e
87,414
1,342,958 1,143,763
June
100,629
3
546.171
390,456
4th wk J’e
34,257
t
761,731
687,888
3d wk May
13,553
4th wk J’e
54,881
1
657,780
625,589
June
27,138
1st wk J’ly
79.744
)
1,001,604
88i*,i*98
1st wk J’ly
)
211,680
6,296,344 5,654,515
May
170,337
3
785,907 * 698,790
3d wk J’ne
46,498
)
423,093
227.879
1st wk J’ly
t
16,420
423.963
249.311
May
104,307
)
549,938
333,196
4th wk J’e
152,962
) 2,647,327
2,295,223
4th wk J’e
3
172,16
3,215,579 3.033.224
June
132,572
7
887,727 1,117,899
>
May
135,556
767,671
924,675
4th wk J’e
1
75,275
1,539,649 1,240,998
May
>
440,099
2,179,759 2,282.709
June
170,102
3
1,020,217
995,129
May
482,667
3 2,168.909 2,174,530
1st wk J’ly
159,200
3 2,745,241
1,390,994
1st wk J’ly
9
17,813
473,799
284,870
^
April
Exch.
[
& Tr.
r
[
3
9
C
\
t
C
.
..
.
& Tr..
.
....
...
Mil. L.Sh.A West
Minn. A St. Louis
Mo. Kan. & Tex.
Missouri Pacific.
Mobile & Ohio..
Nashv.Ch.&St.L
....
N. Y.& N. Engl’d
N. Y. Pa. & Ohio
Norfolk <fe West.
Northern Cent..
Northern Pacific
Ohio Central....
Ohio Southern.. 4th wk J’e
Oregon R.&N.Co June
Oregon & Cal... June
N. Y. Nat. Exch..
Fifth Avenue.
5,553
0
169,991
5
2,240,500
1,766,288
...
Pennsylvania
..
Peoria Dec.&Ev
Philadelp.&Erie
Phila.& Reading
Do
Coal & Ir.
Richm.& Danv..
Rochest’rA Pitts
St.Johnsb.&L.C.
St. L.Alt.&T.H.
Do
...
...
.
March
....
1st wk J’ly
1st wk J’ly
May
May
April
....
June
May
May
May
June
..
30,832
111.788
...
J’ly
243,256i\
5 L7,74£
*149,30-;
..
*660,69ri
2,062,82-1
449,99'
144,283
..
50
129,720
1,732,44*6
‘
295,915
461,927
6,464,286
320.32: ^
284.853
928,00<3
661,887
>
*
Included in Central Pacific
earnings above,
t Northern Division.
U. S. Sub-Treasury.—The
following table shows the receipts
and payments at the
Sub-Treasury
in this city, as well as the
balances in the same, for each
day‘of the past week:
Receipts.
-
1:.'!
Ja
y
8.
“
10.
“
11
12.
“
“
“
13.
14.
Total....
;!;1
Payments.
$
8S2.028 39
1,484.894
1,520,472
1.034,004
1,103.377
90
52
35
46
1.056,384 81
7.036,602 43
$
,
1,195,891 54
1,617,389 36
1.019,804 05
1,142,628 1G
1,143,374 52
972,322 56
7,091.413 19
Coin.
$
80.851,355 78
80,969,126 87
81,487,371 61
81,207,363 33
81,346.441 58
81,539.347 65
Currency.
$
5,916,662 06
5.666.896 51
5.649,320 24
5,820,704 71
5.647,126 40
5.537,735 58
3.641.60C
356.600
13.t2’."00
16.026 300
5,v8<.400
6,3-7.890
2.' 8 .100
5.648 20C
3,3H2,80G
1.32?,600
2,5d.G0C
8.286.40U
3.222.400
13.007.000
2.030.500
2 571.200
1,446,000
0,679,200
1,004.000
l,02i,600
3.117.600
590,800
191.900
394,009
1.031,100
2,536,101
46 4.600
3.379.00C
615,000
4.673.50"
6.372.400
534.000
1,116 000
14.600
8II."00
4.943.300
2,8?4.8 to
224.000
21.7.0
3,428.000
19.8d5.300
17.7U.600
.
442 400
2.929.300
400,000
1,500.000
500,000
240,000
.250,000
3,200,000
2,000,000
300,000
750,000
500,000
1,000,000
300,000
250,000
200,000
750,000
300,000
100,00C
914.50G
903.100
5i«,500
472.60G
4,040.000
308,204'
151.H00
537.500
2,125.890
1.359.500
1.168.400
1,17 7,800
101.6 to
17.655.O0C
3,807.500
1,240,000
023.000
7.754.000
3.231.090
6,157.10C
!4.293.000
5.451.100
1.388.100
1.833.800
944 3 JO
3.530 700
1..>U4,8 H)
154.000
231 .OiX)
1.649.500
2,: 30.700
4.776.400
1,978 300
1,481.600
200,000
U. S. Nat.
'
500,000
300,COO
1.500.500
4,828,700
654,1 >0
832,0 )0
496,090
1,114.700
1,010.900
565.500
71,000
-
Judo
2.9 s 8."01
9,09 ’.I'M
2 0
1,263.8 >0
16,12* 900
785.406
3.355,230
497.800
207,030
2.659 duo
1.621.600
772.300
232,900
1,042.000
1,003,400
2.413.400
143.000
2,600
464,000
37.400
26,300
45,000
2.*72,600
10.790.000
16,169,300
4.653.500
936.206
897.700
6.200,000
2.* 17.700
794.800
U25,0(Jo
3.036.200
3.55 '.500
1.763.300
<45,000
5,400
2.638.300
8.001.2011
720,500
8.189.200
II.382,000
2.134.101
2,32 MOO
2,413 201
2.079,200
3.203.000
3.583.400
409,000
2,250,000
269.700
3,900
450,000
435.000
150,000
4,600
6.459.700
1.996.900
607.700
45.066
4.037.700
'
20.846.40C
1,1K9.01)O
1,194.000
1,055.100
17.013.810
45;ooe
224,200
704,100
387,000
8.503.000
3.9H3 000
0,189, **00
600.000
428,000
15.759 000
d.^T.LK)
147.000
194.000
509.700
1.162.700
552.000
203,600
87,901
991,8
50 300
33 900
"
300,000
6:756.700
442.400
63.700
268.900
04.300
09,900
281.300
1,118.000
431.0,10
I
495,00®
3.638.800
6.626.101
1,643.000
1.934, fcOO
2,090.90C
5 413 8 »C
2.051 0 0
1,770 .0 -C
1,081.0 •(
4,115.4 K
19.810
tion.
10.616.000
8.436.000
7.321.800
692.400
409,000
69,600
131.000
783.100
365.400
198.0,00
103.300
138.000
109.400
231.600
78.200
227.400
1,258,000
532.300
177.500
703.800
174.000
814.600
253.100
169.200
203.OQ0
933.900
431.800
207.000
245.700
118.600
66.400
79.200
198.000
140,000
256.800
390.6,(0
144.0Q0
32b.5(K)
1.820,000
70.000
271.000
105.100
764.200
1.239.000
360.000
049,200
659.700
672,0, >0
CircxsHa•
74.7 0
270.000
221.800
180,000
91,800
......
448.010
45,00*
H>
Total
61.162.700 326,679.900 64.263.600 23.002.000 318.329,100 13.410400
*
To be increased to $1,000,050.
The deviations from returns of previous week are as follows:
oans and dlaoounts
Inc. $3,795,600 | Net deposits
Ino .$13,960,000
pecie
Inc. 8.159.100 j Circulation..
Deo,
56,100
esral tenders
The
Dec.
following
are
Loans.
%
1832.
2,046.800 I
the totals for
Specie.
24....318,710.800
1....322.884.100
8....326.079.900
a
L. Tenders.
57,834,900
26,905,500
53.9-7.600
56.124.500
61.233.000
25,34 >.800
23,302.000
series of weeks past:
Deposits.
Circulation. Agg. Clear
301.812,000
20.516.400
18,502,000
304.491.000
30.5,369. LOO
813,635,691
801,184,115
18.532.800
18,438.900
318,329,100
678 8 6.561
18,410,800
542.401,53s
Boston Banks.—The following are the totals of the Boston
banks for a series of weeks past
1882.
June 19..
23..
3..
July
■
Loans.
%
Specie.
151,223,400
152,250,000
8.259.300
8,177.700
15
3,942.000
7.987.300
*
3.932,700
L. Tenders.
Deposits.* Circulation. Agg. Clear
$
4,428,800
1C..
t
3,359,300
154,381.200
7.575.400
3,351.900
Including the Item *‘ due to other banks.”
98,084,800
99,133,100
93.104.000
98,627.300
*
30,780,000
30,591,100
61,245,442
80.520.40*
69,712,88#
69.037,059
30.664.900
30,833,400
Philadelphia Banks.—The totals of the Philadelphia banks
are as
follows:
Loans.
1882.
J’ne 19...
“
$
75,416,178
20.
July
”
75.887.666
3...
76,091,119
75.455.576
10...
Unlisted
Street:
L. Tenders.
$
19.508.552
19.463.198
19.102.146
Circulation.
Agg. Clear.
$
09,147,324
69.274.933
69.403.M76
07,970,459
9,703.953
9.717.070
9.707,183
9.078.635
53.349.434
65
531,040
55.593.574
55.211.41*
Securities.—The following are quoted at 38 New
74
30
15g
Bid. Asked
N.Y.& Scran. Con.ex-p ....
85
N Y. W. Shore & Buff
sub., 38 per cent
75
North River Const. Co. 88
1
N. J. Southern
74%
Atl.&P.blks.,30 p.c.pdllO
Boat. H. <fcE.. newst’k
l1^
Do
old
7e
Chic.<fc Cal. D.& C.atck
Do
pref. stek
Continental Constr.Co. 58*2
Central Railway Construet’n Co.t'D. L.W.)
Den & R. G..W. sub.ex
Do stock
Do bonds
Den.&R.G. unl’dcons. 96*2
Denv. & N. Orleans... 30
Edison Electric L. Co.500
Hud. Riv. Contract Co. 90
luteruat. <mp. Co
Ind.B. & W.,Eas. D.lsfc
Do
income bonds
Ind. Dec. & Sp. com...
6
new
Deposits.
18.877.239
Bid. A 8 feed.
Do
Balances.
969,100
521.500
392.400
159.000
26.500
391.000
242.200
300.000
Am. Tel. & Oible
Am. Cable Constr. Co.
643,30- L
191,57,
482,98( 3
7,666,151?
...
6 (4 300
524,986
13,099,00(> 10,964,000
il
56
50
254,907
173,035
411,141
*1,338.33]
..
2
r8
>0
17,746,402
279,317
1,372,442
7,429,793
4,422,511
1,372.100
111,995
48,799
741,890
377,275
3,335,429
1,514,243
399,721
3,231,303
1,568,413
183,322
123,403
3,801,15C>1 2,032,565
4
13,851
2,183,000
152,323
...
1st wk
May
■
131,031
...
599,067
1
2
4
5
2
‘203,305
..
141,768
64,945
t
’369,816
*60,234
....
1,436,114
d
13,140
179,319
54,570
63,538
170,116
8,994
74,249
104.864
....
4,969,140
6
6
3
.
March
So. Pac. of Ar... March
Texas <fc Pacific. 4th wk J’e
Tol. Del. & Burl. 1st wk J’ly
Union Pacific...
Utah Central...
Vicksb’rgtfc Mer.
Va. Midland
Wab.St.L.<fe Pac.
West Jersey
Wisconsin Cent.
8
...
...
(brehs.) 1st wk J’ly
St.L.IronMt.&S. 4th wk J’e
St.L.&Sau Frau. 1st wk
J’ly
St. Paul <fe Dul..
St. P. Miun.&M.
Scioto Valley...
South Carolina.
fSo. Pic. Cal
Do So. Div.
So. Pac. of N. M.
7 18,557,091
2
364,272
2
1,383,550
2 7,816,766
3.757.500
4.50".700
1.643.800
200,000
...
395,9,)0
72,400
May
4,108,877
4th wk J’e
15,182
May
311,415
May
1,703,469
May
1,174,540
May
262,430
1st wk J’ly
5,824
April
17.836
1st wk J’ly
18,347
337,000
3.790.200
•
....
871,000
3,431.500
293,23C
1,017.900
2.000,000
....
1.355.300
14.617.50G
3,000.000
600,000
1,000,000
500,000
500,000
500,000
1,000,000
l,000,0u0
(
003.600
448.500
776.100
300,000
1,000,000
1,000,000
300,000
200,000
200,000
600,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,000,000
422,700
1,500,000
700,000
1,000,000
500,000
j
8.113.600
4.485.300
9.000.000
600,000
450,000
\
2.812.000
1,87 ',000
2.817.500
200,000
Net dept's
other
than U. S.
S
9,632.000
8 72^.000
8.083.600
3,038.000
7.5*5.100
1,000,000
r,ooo,ooo
&
1st wk J’ly
1,334,073 1,010,777
4th wk J’e
6,090
7,337
170,018
207,298
4th wk J’e
18,818
29,964
382,312
460,008
June
2,230,000 2,159,381 12,176,568 10,889,924
June
241.135
260,753
1.388,490 1,296,123
4th wk J’e
147,064
170,633 3,424,584
3,245,958
5,335,289
791,743
I1.,<465
New York City Banks.—The
following statement shows the
condition of the Associated Banks of New York
week ending’- at the commencement of business on City for the
Do
65
55 p. ct...
Mex. Nat. bonds
Do
stock
Mo. Kan.
Tex. g.mort.
Mutual Un’n Tel. bds.
Do
stock..
N. Y. Cb. & St. L. pref.
Do 1st, ex J'e,’82,cp
27
78*9
97*2
Do
Do
stock
bouds
27
Obio Cent. Riv.D. lsts. 5*
Do
River incomes. 17 *4
Pensacola & Atlantic.
Do
stock
Pullman’s P.Car rgfcts.
Ric.&Al.<£ O.Cen. subs.
90 per cent paid
77 *
Do
ex bds. & stek
6
Rich. & Dan. ext.subs
Do
deb. subs.
Selma Rome & D.stock
56
17%
—
700
...
...
55
....
7*2
12^
24
11
9
5^2
6-2
86
■
63*4
stock
Oreg. Sh.L.subs.60 p.o.116
Do subs.
$10,000
bl’ks ex-bds
Is,6s,fund
Mid.RR. of N. J. stock.
Do
A bonds....
Do
B bonds....
Mex. Cen. 1st 7s, ex...
Do
blocks No.2,
1*4
Oregon Imp. Co.lstex. 90
69
19
75
7614
26^8
27*4
8l4
87
'
....
.
•
•
•
....
10*9
rex.St.L.RR.sb.,60 pd.
Tex. &Col. Imn.,50 pd 91
Tol. Cin. & St. L. lsts.
Do income bonds
Do
stock
Vicksb. Mer’n com.st’k
*
Premium
mm
m
m
....
Do
2dM. st'mp.
Do
incomes....
St. Jo. & Pacific 1st M.
St. Jo. & West, stock..
mmm
m
%
.*
•
••
•
13
•
•
....
m
m m
....
0
m
.
.
7
.
.
•
•
98%
m
m
m
mm
» m
9*a
*
JM,T
its own stock for one share of the I.
has increased the share capital of the
Imrrstnmits
to date
AND
STATE, CITY
The
Investors’ Supplement contains a complete
exhibit * of the
States and Cities and of the Stocks and Bonds
Railroads and other Companies. It is published on the last
Saturday of every ether month—viz., February,
August, October and December, and is furnished
charge to all regular subscribers of the Chronicle.
are sold at $2 per copy.
April, June,
without extra
Single copies
pany has
contracts
1882.
the capital stock of the com¬
been increased to $44,652,000 (June, 1882), to meet the
growing out of the mileage constructed since January,
St. Louis Irou Mountain &
EARNINGS AND EXPENSES.
following reports are from returns published in Poofs
Railroad Manual, and have not previously been issued:
The
Missouri Pacific.
Expenditures.
(passenger, 1,109,793
freight, 2,940.078/, 4,049,871 miles. Total engine service, 4,220,
241 miies. Passengers carried, 1,017,507; carried one mile
59,132,107; average fare, 2 48 cents.
Freight moved, 2,712,634
moved one mile, 368,817,609 tons; average rate, 130 cents.
EARNINGS AND EXPENSES
$1,472,150
4,80(3,913
Passengers
Freight
294,281
2,067,612
Mail and express
Miscellaneous
Total ($11,16403 per m.)$8,640,957
Net earnings
Mails and express
299,534
Miscellaneous
411,868
xpenditures.
Maintenance of way.... $1,04^,655
Rolling stock
1,268,201
1,047.251
Transportation
269.040
Miscel. and taxes
Total ($4,687 54 per m.)$3,628,154
Payments: Rental
(58#01 per cent), $5,012,802.
1,339.134
Transportation
349,934
Miscel. and taxes
Total ($6,859 34 per m.)$4,93J ,863
Net earnings (35 84 per cent), $2,755,109. Payments: Interest
on funded debt, $1,794,232; interest on floating debt, $162,074;
other payments from income, $292,453; total payments, $2,248,-
760.
Balance, surplus, $506,349.
Following
are
.
comparative statistics for four years :
(774 mil68).
h
Earnings.
5,447.676
Freight
$1,838,917
1.103,876
Maintenance of way...
Motive power
$1,527,894
Passengers
Tofcal($10,691 20perm.)$7,686,973
December 31, 1881.)
Operations (774 miles only),—Trains run
Southern.
{For the year ending December 31, 1881.)
Operations.—Trains run (passenger, 1,188,157; freight, 3,298,693), 4,486,850 miles. Engine service, 4,822,048 miles. Passen¬
Freight
gers carried, 913,755; earned one mile, 57,640,368.
moved, 1,593,943 tons; moved one mile, 309,271,737 tons.
Earnings.
{For the year ending
M. K. & T. RR Company
by $16,470,000.
REPORTS.
ANNUAL
Such exchange
& G. N.
Since the close of the fiscal year
AND CORPORATION FINANCES.
Funded Debt of
of
77
THE CHRONICLE.
18, 1889.]
1881.
719
1880.
685
1879.
1378.
685
600,556
Miles of railroad
685
652,757
829,152
913,755
31,348,280 45,831,042 57,640,368
1,187,097
1,593,943
694.601
981,139
Freight (t’ns) moved.
F’glit (t’ns) in’vd 1 m.l 70.988,859 226,573,979 263,223,376 309,271,737
$
$
Earn'gs & expenses—
1,527,894
981,151
1,268,873
1,027.884
Passenger earnings..
5,447,677
4,103,665
4,697,017
3,282,898
Freight earnings
711,402
295,676
207,19o
203,539
Misoellan’8 earnings.
Passengers carried...
Pass’rs carried 1 mile
32,390,103
lines, $78,500; interest on bonds, $1,295,371; other
Gross earnings
interest, $49,000; dividends (April, July, October, and Decem¬
4,514,321
5.292,611
6,265.597
7,686,973
2,992,050 4,075,226 4,931,863
ber 31, 1881, 1/6 per cent each), $1,524,167;^ other payments, Expenses, taxes, &c. 2,568,365
$524,465; total, $3,471,503. Balance, surplus, $1,541,299. Sur¬ Net earnings....
1,945,956
2,300,555 2,190,370 2,755,110
plus from last year, $2,516,457. Balance to credit of income
International & Great Northern.
account Dec 31, 1881, $4,057,756.
From want of returns from the several lines which now make
{For the year ending December 31, 1881.)
up the earnings of the M. P. RR. Company, the ordinary tables
Operations.—Trains run (passenger, 648,179; freight, 1,297,of cost, earnings, expenses, etc., for a series of years cannot be 267), 1,945,446 miles. Total
engine service, 2,182,538 miles.
given.
Passengers
carried,
201,387;
carried
one mile, 13,937,056; aver¬
GENERAL BALANCE SHEET DEC. 31. 1881.
age
cents.
rate,
3
95
Freight
moved,
459,536 tons; moved one
Liabilities.
Assets.
$29,955,375 mile, 102,283,183 tons; average rate, 2‘99 cents.
Oonstruct’n and equip $33,555,939 Capital stock
of leased
1,091,763
6,463,138
Sundry accounts
Bills payable
6,941,926
Profit and loss
4,057,756
Total liabilities... $62,071,014
due wholly to the issue, made in
Louis Iron Mountain & Southern RR.
was
year, $17,524,575,
the purchase of the St.
{For the year ending December 31, 1881.)
Operations.—Trains ran (passenger, 1,060,542; freight, 2,969,495), 4,030,037 miles. Total engine service, 4,192,017 miles.
Passengers carried, 402,800; carried one mile, 32,214,694; aver¬
age fare, 3 28 cents.
Freight moved, 1,243,491; moved one mile,
$89,202,202 tons. Average rate, 1*39 cents.
EARNINGS AND EXPENSES.
Expenditures.
Earnings.
$1,058,053
Passengers
Mail and express
Other
Maintenance of way... $1,128,784
Rolling stock
1,143,015
4,050,119
211,368 Transportation
Freight
41,294
sources
Total earnings
$5,360,837 |
8undry debits to income account
Less sundry credits “
“
820,086
207,654
Miscel. and taxes
Total expenses
$3,299,549
$409,381
259,759— 149,622
$3,449,163
Total expenditures
Net earnings,
$1,911,673.
Paid interest
on
bonds, $1,891,667.
Balance, surplus, $30,006.
GENERAL BALANCE
$66,091,669 Capital stock
99,398
15,387,298
882,245
Current accounts
Gash
on
1881.
Liabilities.
SHEET DEC. 31,
Assets.
Cost of road, etc
Real estate
Stocks and bonds
94,978
band
3,475,672
Profit and loss
$76,031,263
Total assets
Funded debt
Bills payable
Current accounts.
Interest due
Land acoounts....
$39,971,468
34,712,4 82
12,546
106,915
468,589
759,262
Total liabilities... $76,031,263
Comparative statistics for four years are as follows:
Miles of railroad
Pass, carried No
Pass, carried 1 iqjle.
1878.
786
1879.
265,473
22,581,541
296.652
786
2,981,682
Bxpensea, taxes, &o.
2,383,085
3,344,292
2,072,751
696,967
582,579
132,537
Miscellaneous
($3,850 61 per m3 $2,837,897 Total ($2,858 03 per m.) $2,106,369
Net earnings (25 78 per cent), $731,527; credit income account,
$57,487; net revenue, $789,015. Payments: Interest on bonds,
Total
$225,749.
GENERAL BALANCE
Assets.
Cost of r’d and equip.
Real estate, etc......
Stks. and bds. owned
Materials, fuel, etc...
Current accounts....
Cash on band
SHEET DEC. 31, 1881.
Liabilities.
$27,641,586
Net earnings
...
61.215
85,877
3,212.449
$28,174,891
follows:
1881.
1879.
1830.
519
519
541
737
117,055
7,841,041
113,317
135,913
8,532,856
281,196
201,887
7,534,957
254, L88
310,053
132,^42
1,636,5*5
1.064,602
1,775,863
1,178,467
1,973,583
1,264,333
571,983
597,396
709,200
DECEMBER
1879.
$
2,115,647
135,228
,
2,837,897
2,106,369
731,528
31.
1880.
18,443,023
18,443,023
46,181
$
20.430,490
424,396
607,560
1,274,746
133,207
1,781,830
$
587,022
$
105,921
$
459,536
337,075
1,503,566
.
1,359,889
1878.
13,937,056
50,256,847 102,283.183
43,969,649
$
GENERAL BALANCE
Assets—
Road and equipment
Stocks and bonds
Other assets
Profit and loss
52,343
1378.
224,113
Freight (tons) moved
Frt. (tns) mov. 1 mile 39,579,080
$
Earn'gs <£ expenses—
318,928
Passenger earnings.
1,216,146
Freight earnings....
101,411
Mia cell, earnings
Gross earnings..
Expenses and taxes.
15,003,000
Total liabilities
Comparative statistics for four years are as
Miles of railroad....
Pass, carried. No
Pass.carriea one mile
$9,755,000
Capital stook
5,000 Funded debt
352,542 Accounts payable
144,224 Current accounts
13,864 Other liabilities
17,672 Profit aud loss
$18,174,891
Total assets
Deficit,
$363,387; total, 1,014,765.
1881.
$
27,646,587
352,543
175,762
1880.
879
1881.
1,003
355,075
24,796,548
402,800
32,214,694
21,632.806
$
18,489,204
21,462,446
28,174,892
Liabilities—
1,243,491
Capital stock.
5,500.000
5,500,000
9,448,000
6,325,000
11,448,000
9,755,000
15,008,000
371,943
6,384
225,500
3,162,877
3,433,946
199,442
3,212,450
23,312,888
676,785
889,219
490,060
Freight (tons) moved
Frt. (tns) mov. 1 mile. 118,190,343 142,418,281188,024,404
$
$
$
Eam'gs <& expenses820,201
714,751
766,602
Passenger earnings.
3,110,461
2,455,864
Freight earnings.... 2,039,928
Miacell. earnings....
232,389
173,677
175,152
Gross earnings..
42,126
Miscellaneous
$651,378; other payments,
Missouri Kansas & Texas.
$694,234
Maintenance of way...
2,115,617 Rolling stock
93,102 Transportation
Mail and express
capital during the
The increase of share
$587,021
Passengers
Freight
(737 miles).
Expenses.
EXPENSES
EARNINGS AND
Earnings.
451,956
585,540
$62 071,014
Total assets
20,664,« 00
Funded debt
73,766
20,300,866
Beal estate
Stocks and bonds
Materials and fuel....
Current accounts
Cash on hand
4,161,671
2,616,046
289,202,202
$
1,058,054
4,050.119
252,663
5,360,837
3,299,541
Total assets......
Funded debt
12,307,000
Past due coupons....
3,243,160
Bills payable
417,377
Other liabilities
165,269
Profit and loss
Total liabilities.. 21,632,806
18,489,204
Houston & Texas
21,462,446 28,174,892
Central.
(For the year ending December 31, 1881.)
Operations.—Trains run (passenger, 591,168; freight, 1,039*1,043,208
1,545.625
3,449,163 725; mixed, 104,306), 1,735,199 miles. Total engine servic e#
Available revenue
348,483
,256.598 miles. Passengers carried, 270,233; carried one mile*
Duriner the last fiscal year the M. K. & T. RR. Company
20,179,077;
average rate, 3*68 cents. Freight move d, 588,029;
acquired the railroad and property of the International & Great
Northern Railway of Texas, by an exchange of two shares of moved one mile, 105,432,771 tons; average rate, 2'71 cents.
Net earnings
....
Imp.,eng.,car hire,&c
..
598.592
250,109
1,271,541
228,333
1,545,625
2,061,296
149,622
THE CHRONICLE.
78
EARNINGS AND EXPENSES
Earning*.
(521*75 miles).
Expenditure*.
$734,987 Maintenance of
2,859,758 Rolling stock
102,992 Transportation
Passengers
Freight
Mail and express
Miscellaneous
$593,846
651,661
711,155
$3,748,655 Total ($4,10517 per m.) $2,141,872
Net earnings (43*13 per cent), $1,606,782. Payments: Interest
funded debt, $1,171,741; on floating debt, $31,938; other
on
payments, $403,103; total, $1,606,782.
~
r
GENERAL BALANCE SHEET DEC.
Attet*.
Cost of road and bids.
Equipment
Beal estate
I/ds granted by Texas
31, 1881.
1,014.981
5,505,327
Bills payable
Current accounts
Interest accrued
Profit and loss
Sundry sec's and ace's
754,653
Materials and supplies
Bills and cash
665,055
165,480
Total assets
$33,299,781
$7,726,900
16,878,000
282,194
1,029,492
415,271
108,470
6.859,452
$33,299,781
Total liabilities
of the mandate of that court.
Cincinnati & Baltimore.—The stockholders of the Cincin¬
nati & Baltimore Railroad have ratified the sale of their stock
made by the trustees to the Baltimore & Ohio Company at 110.
The stock will be delivered August 1. This*practically makes*
the Baltimore & Ohio the owner of the Cincinnati & Baltimore,
pursuance
Liabilities.
$22,993,081 Capital stock
Funded
debt
2,201,203
\
8chool fund loan
petition of William R. Fosdiok and James D. Fish for leave to file
supplemental bill is granted, and supplemental bill allowed to be filed
Tbe objections of the railroad company and of Elwell, Trustee, to such
leave, and to the filing of tbe supplemental bill, are overruled. The
order of refereuce asked by tbe railroad company is for the present
denied, the Court being of opinion that such order is premature, and
that no order of reference for the ascertainment of the principal or in¬
terest due is necessary or proper until at least the parties are at issue
upon the matters set out in the supplemental bill. Further, by the time
that occurs, the Court will probably be advised of the result of tbe ap¬
peal pending in tbe Supreme Court of tbe United States, which Is
olaimed to be an appeal -from the order of this Court heretofore made
confirming the sale under the decree of foreclosure recently set aside in
The
a
185.207
Misceu. and taxes
50,916
Total ($7,184 77 per m.)
troy.....
[Tol. XXXV.
and removes one difficulty in the way
the Marietta & Cincinnati Railroad.
Denver & Rio Grande.—A.n
of the reorganization of
approximate statement has
Antonio.
been published showing the operations of the Denver & Rio
Grande Railway for the six montns ended June 30, as follows:
(For the year ending December 31, 1881.)
1882.
1881.
Operations, 256 miles.—Trains run (passenger, 153,513; mixed,
1.066
800
183,552; freight, 209,308), 546,373 miles. Passengers carried, Mileage, June 30
Gross earnings (June, 1882, estimated).... $3,110,000
Galveston Harrisburg & San
mile, 6,313,906 tons; average fare, 3’222 cents.
Freight moved, 205,240 tons; moved one mile, 31,473,421 tons;
average rate, 3*123 cents.
95,005; carried
one
EARNINGS AND EXPENSES
Earnings.
$209,986
Passengers
Freight
982,057
Mail
26,708
Express
13,423
26,681
Miscellaneous
Total ($4,91764 pei\m.) $1,258,916
(256 miles).
Expenditures.
Maintenance of way
Motive power
Maintenance of cars
Transportation
$232,199
108,399
72,430
221,920
Miscellaneous
00,088
Total ($2,965 per mile).. $755,045
Net
The
earnings ,40 per cent), $503,871 62.
earnings given above are on the old line east of San
Antonio, 256 miles, the earnings of about 453 miles of the com¬
.
pleted portion of the Mexican and Pacific Extension not being
included in the statement, as the.y accrue to the contractor
until the extension is completed and turned over to the com¬
pany.
Income account.—Receipts: Net earnings for year, $503,871 ; other sources, $38,070; balance from 1880, $1,040,224;
total, $1,582,If 6. Payments : Interest on bonds, $332,809 ; on
Operating expenses (June, ’82, only est’d).
Net earnings
Fixed charges,
about
Applicable to dividends
Capital stock January 1
Earnings on stock for half year
l,876,0i 0
$2,555,750
1,3=0,000
$1,234,*00
$1,175,750
875,0»>0
630,000
$359,000
29,160,000
12
12 pr. ct.
16.000,000
3*4 pr. ofc.
$545,750
Elizabeth City
Debt.—The difficulty in the way of a settle¬
seems to be disappearing.
The Post says
that “ the obstacle was the claim of the Singer Manufacturing
Company to recognition as a preferred creditor of the city, ana
ment
of the debt
demand based on the claim that the terms of the settlement
with the concern should be more favorable than the terms with
other creditors. The city officers were anxious to make a settle¬
ment in time for the tax levy just made, for fear that if no
a
was reached now none would ever be possible, and
the last moment a partial concession seems to have been
made to the company. The basis of the settlement is that the
Singers shall receive, like the others, fifty per cent of the
am *unt of their bonds, but that, unlike the others who are to
compromise
at
exchange the oid bonds for half their face value in new bonds,
; on school fund, $20,358 ; taxes, $14,920;
including salaries, $33,624; total, $419,138. the singers shall receive their fifty per cent in cash. The City
Balance, surplus, $1,163,028, against which has been paid a Council has ordered a special tax levy of $136,000 to meet the
interest on the new bonds, with a proviso that, if the proposed
stock dividend of 8 per cent $516,000.
During the year there were expended on construction and compromise shall for any reason fail, the money is to go into a
improvement, $323,959; for equipment, $160,232; on real estate, sinking fund. If the scheme is carried out Elizabeth City will
wipe out her debt of $6,800,000 for $3,400,000. To settle with
$33,431; total, $517,623.
the Singers in cash it will be necessary to negotiate the new
1878.
1879.
1890.
1891.
Miles of railroad
215
215
224
256
bonds ; that will involve an expenditure to pay bonus and a
floating debt, $17,424
other expenses,
Passengers carried, No....
60,193
Passengers carried 1 mile. 4,870,649
T'roiplit iDAVpd
71,226
6,293,466
1,325,846
533,832
$
1,390,670
571,904
78,547
6,099,888
177,198
24,124,949
$
1,392,890
593,725
792,014
367,882
818,766
339,288
799,165
354,784
OQQ
1
trma
156.183
Fr’glt mov’d 1 mile, tons.22,463’,238 22,738,201
$
Gross earnings
Operating expenses
Net earnings
AL BALANCE DECEMBER
1878.
Assets—
Construction
$
9,474,078
809,723
1,702,572
Bonds and stocks owned.
Materials. &e
Cash and sundry assets...
Total assets
Capital stock
6,450,000
5,300,000
Funded debt
School fund
386.627
Bills payable
Other liabilities
Profit and loss
373,380
121,121
373,574
Total liabilities
Increase of stock
$
205,240
31,473^421
$
1,258,917
755,045
530,872
370,593
1881.
$
$
9,695,982 10,219,635 10,543,594
a 13,943
814,415
973,648
1,744,093 1,771,804 1,807,736
377,000
402,000
377,000
1*2,192
69,376
168,68 L
577,307
485,950 5,304,750
13,004,70113,277,700 13,875,996 19,235,409
$
$
$
$
Liabilities—
*
377,000
53,275
424,165
1879.
31.
1880.
95,005
6,313,906
6,450,000
5,300,000
365,843
6,450,000 *11720,686
5,800,000 5,800,< 00
344,675
323,0*3
288.594
40,701
211,708
109,047
200,396, 487,584
764,216 1,040,225
647,028
13,004,701 13,277,700 13,875,996 19,235,409
on
account of construction west of San Antonio.
GENERAL INVESTMENT NEWS.
Adirondack.—The bondholders who bought the Adirondack
road at foreclosure sale have
organized a new company under
the name of the Adirondack Railway Company, ana filed the
necessary certificates.
The capital stock is fixed at $4,000,000.
The road is projected from Saratoga, N. Y., to Ogdensburg, 185
miles; it is completed from Saratoga to North
Creek, 58 miles.
Cable Companies.—The French Cable Company has ratified
the contract with the American Cable and Western Union com¬
possible discount. The new bonds have no market value as yet, of
If they canaot be negotiated for a figure near to their
face value, the effort at settlement may after all be defeated.
But the city authorities hope they will bring par, and expect
to have the aid of the Singers in negotiating them.”
course.
Iowa Railroad Land Company.—The June sales at the
Iowa Railroad Land Company’s office, Cedar jaapia*, la., em¬
braced 108 town lots and 23,991 acres lor $179,426. The num¬
ber of land purchasers was 234 and the cash collections $184,218.
The sales in June, 1881, were 203 town lots and 40,966
acres for $305,505.
The land purchasers numbered 331 and
the cash collections were $208,593.
Massachusetts
Central.—A press dispatch from Boston,
says: “A number of the largest bondholders of the Mas¬
sachusetts Central Railroad met, and, in conjunction with the
July 13,
permanent committees, considered the plans for relief sug¬
gested, and finally voted to recommend a complete reorganiza¬
tion of the board of directors. Three plans are now proposed:
First, te issue $1,500,000 new bonds, with interest on the same
guaranteed; make the present bonds preferred stock, on which
interest shall be
paid only after the interest on the new bonds is
fully met. The stock in this case becomes a third security,
having a nominal value. Second, issue new consolidated mort¬
gage bonds of $1,500,000, making the new boipds preferred
bonds, interest payable after that on the new bonds. One
mortgage, in this case, to include all the bonds. Third, a prop¬
osition" similar to the plan recently adopted by the Connotton
Valley Road. It recommends the assessment of $350 on the
cash bond, giving in return a bond of face value of $1,500. In
this way $225,000 would be secured. Each plan hks its own
advocates, and one of the three is expected to be adopted. As
to the attachment threatened to be placed on the rolling stock,
it now appears it was on account of a mortgage fceld by a trust
company of Boston.
This matter has been satisfactorily
adjusted, and no further fears of a suspension of business on
panies.
the road are entertained.”
Chesapeake Ohio & Southwestern.—The last spike in the
New Orleans Pacific.—A dispatch from New Orleans says:
Paducah and Memphis division of the Chesapeake Ohio & “The last rail on the New Orleans Pacific road connecting this
Southwestern Railway was driven July 13 in the neighborhood
city by the Southern Pacific with San Francisco was laid-to-day
of the Hatchie River in Tennessee. Through trains between at a
point just beyond the Atchafalaya River. The City CounLouisville and Memphis will be running by the new route next cil
yesterday
granted the site of the Claiborne Market in this
week.
city to the road for a union depot, and President Wheelock
Chicago & East Illinois—Chicago Danville & Vincennes. left for New York last night to complete his work.”
—At Chicago, July 7, in the United States Circuit
New York & Boston Air Line.—The directors of the New
Court, before
judges Harlan and Drummond,in the case of FoRdick and Fish York New Haven & Hartford
Company and the New York &
V3. the Chicago Danville & Vincennes Railroad
Company, the Boston Air Line Company recently agreed upon a lease of the
following order was made :
latter road to the former company, as reported in the
July 15,
Chronicle.
THE CHRONICLE.
1882.]
No provision was
made in the lease for the com¬
79
gRe Commercial jinxes.
stock of the Air Line Road, which amounts to about
$800,000. The preferred stock amounts to about $3,000,000.
COMMERCIAL EPITOME.
Most of the common stock is said to be owned by W. J. Hutch¬
inson. A meeting of the stockholders of the Air Line Company
Friday Night, July 14, 1882.
will be held, and the common stockholders intend to defeat the
The
weather
has
become
warm
and summer-like, and tho
Aease, if they can receive sufficient support from preferred
stockholders. It is believed that the result may be a modifica¬ violent wind and rain storms at the West have been much less
tion of the present directors’ agreement.
frequent. Good progress has been made in the work of
New York & New England.—Notice Is given that the
harvesting the ripening crops. Some of the “ vegetables” have
34,750 shares of stock, of the par value of $100 each, which declined
materially under the liberal supplies which are now
have been held by the Commonwealth of Massachusetts, and
which are now at the disposition of the company, are offered at coming to market, and altogether the prospects are as good as
could be
$50 a share to the stockholders of the company in proportion affairs in expected after so unfavorable a spring. The course of
Egypt, embracing the bombardment of Alexandria by
to the stock owned by them respectively, as shown by the com¬
the English fleet and its evacuation by the Egyptian forces,
pany’s bo )ks on August 2, 1882. Holders of the Berdell bonds have excited much interest, but have been somewhat variable
still unconverted must convert them into stock of the present
and uncertain in their effects upon values.
company before August 1, in order to entitle them to subscribe
The advances and liberal speculations in provisions, which
for the stock.
have been so noticeable during the past week or more, have
Rochester & Pittsburg.—A dispatch from Rochester says : been
checked, and prices are on a downward course, maiuly
It is officially reported here that the Rochester & Pittsburg
owing to the lack of export support and the few realizing sales.
Railroad Company will have 302 miles, including branches, in
To-day old mess pork was sold on the spot at $21 25@$2l 50 and
operation next fall. The new line is to have a rolling stock of new at $22; September options realized $22 ; August $21 80.
20 consolidated 44-ton locomotives, 1,400 20-ton coal cars, 100 Lard declined to
12*75@12*82%c. for prime Western on the
box cars, ICO flat cars and 0 passenger cars.
spot; refined to the Continent was quoted at 13c.; July options
St. Lonis Alton & Terre Haute.—In the suit ef this com¬ realized 12'72%@12‘77%c.; August, 12*77/£@12*85c.; Septem¬
pany, Judge Drummond of the United States Circuit Court de¬ ber, 12,S7/6@12‘97J£c.; October, 12'95@13c.; January, 12 77J£@
cides that the lease executed with the Indianapolis & St. Louis 12*80e.; seller year, 12'67%@12*75e.; February, 12'80c.; closing
Railroad Company and the second guaranty contract dated weak and somewhat lower. Bacon firm at 13>£@>13Mc. for long
September 11, 1867, are valid and binding, but that the liability cLar. Beef quiet at $30@$31 for extra India city mess. Beef
of each guaranteeing company (the Pittsburg Fort Wayne & hams quiet and unchanged.
Tallow firm at 8%@8%c. for
Chicago and Cleveland Columbus Cincinnati & Indianapolis) is prime. Stearine quiet at 13@13/£c. Butter firm for prime
one-third instead of one-half, because they never released the grades, which are scarce. Cheese more active at 9@llc. for
other, the Indianapolis Cincinnati & Lafayette Company.
The f iir to fine State factory; Ohio factory, 7/£@10c.
Rio coffee has been firm and moderately active on the basis
injunction in force is continued. The amount of rental over¬
of 9/£c. for fair cargoes; mild have sold quite freely at firm
due now amounts to about $500,000.
Spices have been firm, and nutmegs have advanced
St. Paul Minneapolis & Manitoba.—The land department prices.
slightly,
owing to the possibility of the closing of the Suez
of the Sr-. Paul Minneapolis & Manitoba RR. reports that the
Canal,
which come many of the vessels which bring
through
sales for June, including some 8,600 acres by special commission,
that spice to this port. Foreign fruits have shoyn little change,
amounted to 61,367 acres, for which $256,758 was rer-eived.
and trade has been rather quiet.
Tea has brought firm prices
One sale of 32,000 acres in Kittson county was made to Valentine
at auction; 75 per cent of the tea now received here comes
and associates at $5 per acre, with a rebate of $2 50 per acre
through the Suez Canal, a fact which explains the present firm¬
for breaking.
Excluding this one sale, the ordinary current ness
of the market here. Rice has remained generally steady,
business for June was 28,989 acres, for which $167,7i9 was re¬
and,
though domestic has been quiet, foreign has sold fairly.
ceived. The land was sold to 217 different persons, the average
Molasses has been quiet and nominally unchanged for grocery
acreage being 107.
The sales for June were three times as
grades, and active at some decline for boiling stock, which is
large as in June of 1881.
now
quoted at 30@32c. respectively for north and
Southern Pacific of California.—The Southern Pacific south side of Cuba stock. Raw sugar, owing to a propo¬
Railroad of California embraces that part of the great Southern sition
in
Congress to reduce the tariff 25 per cent
Pacific system lying within the State of Cilifornia. Of this, immediately.
has
been
quiet, pending the settlement
176 miles of the road, constituting the Northern Division, is of the
question. Meanwhile quotations remain nominally 7/4
operated by itself, and the earnings for five months of this year @7%c. for fair to good refining, and 8%c. for 96 degrees test
are given below.
The remaining 551 miles, constituting the Centrifugal. As regards the tariff question the importers here,
Southern Division, are operated on a short lease by the Central of course, favor the
proposed reduction, and the refiners either
Pacific. The road is making such progress in earnings that favor it or are not
opposed to it, while the Louisiana planters
when the lease to Central Pacific expires the company may
naturally do not wish to see itHhds.
adopted.Boxes.
Bays.
Melado.
prefer to operate the road on its own account. The actual
38
24,261
134,074
gross earnings for four months of this year—the latest yet at Receipts since July 1
114,391
15,408 45
hand—are given below. It should be clearly understood that Bales since July 1.
Stock July 12, 1882
5.298
457,»38
75,039
56G
these earnings on the 551 miles are included in the earnings of Stock July 13,1881
105,780
6,963
1,016,443
272
Central Pacific, as reported in the Chronicle, and the Central
Refined has been quiet at a decline, and closed at 10c. for
Pacific also operates and includes in its returns the Southern cruvshed, 9%@9%c. for powdered, 9%e. for granulated and
Pacific in Arizona and New Mexico and down to Sierra Blanca 8%@9c. for standard ‘‘A.”
in Texas, where the junction is made with the Texas Pacific.
Kentucky tobacco has been in better demand for export, and
Northern
South. Div.
sales for the week are 700 hhds., including 70 for home con¬
(Leased)
Division,
sumption. Prices are without important change, but rather
551 miles.
170 mil 8.
January
$73,882
$320,560 favor buyers; lugs 6M@7/£c.; leaf, common and medium*
February
6S, 268
345,025 7%@10/£c.; the higher grades nominal at ll@14c. Seed leaf
March
80,528
302,OHO continues to be
pretty freely offered, and sales for the week are
April
369,816
83.617
1,742 cases, as follows: 772 cases 1881 crop New England sec¬
May
101,861
onds at 10%@12%c., 100 cases 18S0 crop New England wrappers
$411,150
$1,338,332 at 13@30c., 620 cases 1880 crop Pennsylvania at 6@30c., 150
Total
Utica Ithaca & Elmira.—Application has been made to cases 18S0 crop Wisconsin Havana seed, and 100 cases 1880
Judge Rumsey, of the New York Supreme Court, for the appoint¬ crop Ohio, private terms. Also, 500 bales Havana 88c.@$1 20.
Rosins have been weak and dull, the higher rates for ocean
ment of a receiver for this road, and the case was referred to a
master to take testimony and report to the Court.
The road freight room having checked the export interest; strained
extends from Elmira, N. Y., to Cortlandt, 71 miles; and the quoted $1 90@$1 95 ; good strained, $2@$2 05. Spirits turpen¬
company has also controlled and worked the Cazenovia Canas- tine, however, has been in reduced supply and stronger at 47c.
tota & De Ruyter road, 29 miles, and has worked the Ithaca for yard lots. Refined petroleum quiet and easy for export
Auburn & Western road, 27 miles. The road was sold under lots ; quoted here at 6%c.; crude certificates steady at 56%(8>
foreclosure four years ago, and the present company was then 57Vc., closing 57%@58c.; August, 59 %c.; September, 61 %c.;
October, 63%c.; November, 65%c. Ingot copper steady at 18%
organized.
Virginia State Funds.—At Richmond, Va., July 8, Judge @18/4c. for Lake. Lead has been active ; 5,000 tons domestic
Wellford, in the Richmond Circuit Court, rendered a decision have been sold at $4 90@$4 92%@$4 95. Pig iron, whether
in the case of Gantt vs. the State of Virginia, in which the American or Scotch, has been quiet, and yet all prices remain
plaintiff prayed for an injunction to restrain the alleged mis¬ steady. Hops are quiet but steady at old figures.
Ocean freight-room, whether on the berth or for charter was
appropriation of $500,000. the proceeds of the sale of the State's
interest in the Atlantic Mississippi & Ohio Railroad. «. Of this held at firm rates, and business was smaller in consequence.
money $100,000 was appropriated by an act of the last Legisla¬ Grain to Liverpool, by steam, 4d.; bacon, 17s. 6d.; cheese, 22s.
ture for the establishment of a colored normal school, the re¬ 6d.@25s.; cotton, 3-32d.@5-32d.; flour, 12s. 6d.; grain to Lon¬
mainder to be used in refunding to the public free schools a don, by steam, quoted 7d ; do. to Glasgow, by steam, taken at
5d.; do. to Antwerp, by steam, quoted 6%d ; do. by sail
•
ecision was in money
favor of the complainant
and against the August and September), to Cork for orders, 5s. 6d.; do. by
State, enjoining and restraining any State officer from using in steamers from Philadelphia and Baltimore to do., 4s. 9d@5s.;
any manner any portion thereof for school purposes, and
Naphtha hence to Havre, 4s.; refined petroleum toDantzig, 4s.;
ordered the State Treasurer to take possession of said money do. to Cork for orders or United Kingdom, 4s.; cases to two
and pav it over to the Commissioners of the Sinking Fund, to
be applied by them for the settlement of the State debt. The
elphia to Tunis, 19c.; do. thence to Malta or Palermo, 17c.; do.
in bbLs from Baltimore to Dantzig, 3s. 9d.
ease will be taken to the Supreme Court of Appeal*.
mon
Sortion of the
heretofore diverted therefrom. The
Sorts in Java, 32@33c*; do. to Salonica, 22%c.;
do. from Phila-
CHRONICLE
THE
80
COTTON.
fV0L. XXXV.
In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
ns
Friday, P. M.,
July 14, 1882.
indicated by our telegrams
below. For the week ending
The Movement of the Crop, as
from the South to-night, is given
this evening (July 14), the total
Mon.
Sat.
Indianola, Ac.
234
1,054
6
65
119
....
92
446
728
....
,
32
city Point,&e.
Boston
Baltimore
GO
....
....
275
155
13
6
....
17
13
50
....
....
53
....
....
59
56
265
294
71
243
76
....
....
Philadelp’a, &c.
427
Totals this week
1,168
....
586
2
2
117
G30
....
1,061
1,061
....
....
133
223
90
69
....
33
2
....
....
....
251
380
....
....
221
139
11
224
1,045
1,125
1,022
1.006
863
685
3,834
8.142
1,125
....
the following table showing the week’s
For comparison, we give
total receipts, the total since Sept. 1,1881, and the stocks to-night
and the same items the for corresponding periods of last year.
1880-81.
1881-82.
Receipts to
July 14.
Since Sep.
This
Since, Sep.
Week.
1,1881.
Week.
1,1880.
426,783
2,173
13,737
1,054 1,182,989
728
262,800
16
Galveston
223
Indianola, Ac.
10
New Orleans*..
Mobile
Florida
662
727,519
167
*496^915
Brunsw’k, Ac
687
2,663
7,026
Charleston
Pt. Royal, Ac.
....
Wilmington....
M’headC.,&c
33
Norfolk.
City Point, &c
630
2
1,061
New York
380
Boston
1,045
1,125
1,022
Baltimore
Philadelp’a,&c.
Total
3,480
27,207
Savannah
*
Slock.
This
706
24,514
134,880
26,573
611,764
193,544
159,272
228,229
26,556
35,292
1,565
94,096
4,630
2,475
f»,08H
6,185
1,832
3,992
49
......
94
117,327
686
724
32
2,314
30,461
708,642
4,356
8,074
96
210,645
......
......
520
171,654
4,185
173,269
584
49,878
74,998
158,614 145,327
6,580
9,890
1,902
8,459
7,701
4,055
IS.199 5,722.045
229,355 310,556
23,369
92,594
649
previous receipts of 1,500 bales added.
In order that comparison may
be made with other
give below the totals at leading ports tor six seasons.
Receipts at—
1881.
1,795
..
8.142 4,639,715
£..
A correction of
1882.
663,373
15,279
1,563,234
382,251
20,359
862,976
4,855
617,882
49,972
1881.
1882.
1880.
1879.
years, we
1878.
1877.
Galvest’n.Ac.
233
2,189
837
10S
316
449
New Orleans.
Mobile
;
1 054
3,480
3,185
408
736
1,248
728
687
327
195
220
219
Savannah....
662
2,663
531
219
660
285
Gharl’st’n, Ac
167
706
900
43
483
315
Wilm’gt’n, Ac
Norfolk, Ac..
35
126
93
33
118
81
2,410
5,938
1,309
3,509
148
641
515
All others....
1,691
3,572
1,656
608
564
Tot. this w’k.
8,142
18,199
10,691
2,809
3,782
3,676
Sinoe Sept. 1. 4639,715 5722,045 4866,895 4430.381 4252,333 3952.838
Galveeton includes Indianola: Charleston includes Port Koyai, <fcc.;
Wilmington [Includes Morehead City. Ac.; Norfolk includes City Point, Ac.
The exports for the week ending this evening reach a total
of 23,439 bales, of which 9,798 were to Great Britain, 6,107 to
France and 7,534 to rest of the Continent, while the stocks as
made np this evening are now 229,355 bales. Below are the
exports for the week and since September l, 1881.
Week Ending July 14.
Exports
from—
Great
Galveston.....
New Orleans..
Mobile
Florida
Savannah
Conti¬
Tot a’.
nent.
Week.
......
..
..
Charleston *...
4,143
Boston
Baltimore
Philadelp’a,Ac
Total
Ta*»i is«n.<?,
8,680
.....
......
......
Wilmington...
Norfolk
New York
5,227
1,465
2,60(5
1,570
3,39;
..
..
SI 519
-i!?z
660,09.; 268,688
38,8‘?2
6,313
3,yoo
138,600
17,23
153.550
23,77-.
53,584
311,879
10,188
1,165
2,603
428.029
153,426
91,10?
961
500
S3,370
500
9,70S
15,145
1,430
2,5.80
37,218
.....
7,53l
23.439 2,309,004 373 337
A
Q-
07
.
"includes exports from Fort Royal Ac
Great
Britain. Frarut
182,147
4,d3 (
Mobile
Charleston
Savannah
Galveston
Norfolk
New York..
Other ports
....
Total
Total 18S1
Total 18S0
0 '.10
»
Shipboard, not cleared,—for
France.
Other
Coast¬
Foreign
wise.
1,654
3.90G
None.
487
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
Leaving
Stock.
Total.
6,047
None.
300
29.215
1,300
None.
300
1,950
None.
300
250
None.
None.
None.
1,000
None.
350
None.
3,550
1,350
155.064
22.076
3,954
4,206
2,300
1,037
11,497
217,858
27,026
7,908
3,768
5,813
2,017
2,996
500
345
38,024
11,749
271,932
211,703
,
1,565
1,532
2,225
1,795
250
None.
None.
4[35g
considerable excitement on
Exchange, with a brisk speculation in futures at
varying'and irregular values. On Saturday prices were very
buoyant on renewed efforts toward a “ comer” on contracts
for this month.
On Monday there was much variableness,
our
past week has been one of
Cotton
but the efforts toward
the time, for at the
a
“comer” seemed to have ceased for
close, while July and August
were no
dearer, the next crop advanced 4@7 points, owing
to the
threatened bombardment of Alexandria. On Tuesday morning
the bureau report for July was made public, and was much
more favorable than many nad expected, fully sustaining the
Chronicle’s advices on the subject. There came also from
Constantinople indications of diplomatic complications which
Europe. Under these influences,
inducing sales to realize, prices rapidly declined, especially for
early delivery, and continued to give way further during
Wednesday and Thursday, until the closing figures of Thurs¬
day were 20(8)25 points down for the early deliveries, and 14@
17 for the later months, as compared with the closing
figures of Monday. To-day there was some further
decline, without much speculative activity or decided feature.
Cotton on the spot was advanced l-16c. on Saturday, Monday
and Tuesday, and was reduced l-16c. on Thursday.
The
demand has been mainly for home consumption.
To-day
there was a further decline of l-16c. and little doing, prices
closing nearly nominal on the basis of 12,% c. for middling
uplands.
The total sales for forward delivery for the week are 624,800
bales. For immediate delivery the total sales foot np this week
4,010 bales, including 597 for export, 3,371 for consumption,
42 for speculation and
in transit. Of the above, — bales
The following are the official quotations and
were to arrive.
sales for sach day of the past week.
threatened the peace of
UPLANDS.
July 8 to
Sat.
July 14.
NEW ORLEANS.
Mou Tues Sat.
Ordin’y.#1b 10*4 10&18 10he
Strict Ord.. 1O1310 10%
107s
Good Ord.. 1158
11**16 11**10
Str. G’d Ord 12*16 12*8
12*8
Low Midd’g 12*2
12018 12016
Str-I/wMia 12%
12l216 12*316
13
Middling... 121Si6 13
1338
Good Mid.. 13&ie 1330
8tr. G’d Mid 139iq 1358
135s
Midd’g Fair 14*16 14*8 14*8
Fair
141316 14% 1478
10*2
TEXAS.
Mon Taes Sat.
10016
11*16 11*8
1170 111% 6
12&16 12%
12%
!2*316
13
13*16
i33i0 13*4
13016 135q
13*31G 1378
145i6 1438
15*16 15*8
1O0i6'
10*2
10016
11*16 11*8
ll*5ie 1178 11*516
123s
125l6 12%
12*316 12% 12*316
13*16 13
13*16
13*4
133l« 13*4
11*8
135g
1378
143b
13*16
15*8
15*16
145ie
Wed
Tk.
Wed
Frt.
Ordin’y.$lb 105ie 10*4
Strict Ord.. 1078
101316
Good Ord.. Uli16 115s
Str. G’d Ord 12*6
12*16
Low Midd’g 12^16 12*8
Str.L’wMia 12131g 12%
Middling... 13
12*016
Good Mid.. 133s
135l6
Str. G’d Mid 1358
13016
Midd’g Fail 14*8 14*itt
Fair
14%
14*316
10*2
10%
11*10
331.817
102.5S3
567,930
4
153 430
50,515
148,578
409
84,270
791,677 3,471,018
1
*
Oi -
lOJie
11*8
11*516
12%
12*318
13*16
13*4
13%
13%
14%
15*8
Fri.
Wed
Tk.
11*8
11
13*4
13*2
135a
14
14%
15*8
13%
14%
Sat.
$ lb.
14° 16
13*2
13%
14*4
10*16 15
10*16
11
n*3ie
12*4
12**16
12*%«
13*8
1368
1378
130,6 13*2
1438
14&16 14*4
15*16 15
13*316 13%
15*8
Mon Taes Wed
Tk.
Fri.
9*316 9%
10*316 10%
1l9ie U0l6 11916 11*2 11*16
129,6 120,a 12016 12*2 12*16
9*3l6 978
1013lc 1078
11*2
12*2
Fri.
97s
1078
978
1078
MARKET AND SALES
Total.
17,359
14%
15*8
129lG
Middling
SPOT MARKET
CLOSED.
nent.
61,798
262,090
22&3U 1,158,117
46,366
3,231
3,93
162,735 338,625
131,810 315,13?
63.833
8,819
13%
1378
10716 10016 10*«
11*8
11*16
11*516 ll7s
li*3l0 ll*%e 11%
123s
1230
125t6
125l6 12%
127i6 12*316 12% 12**16 121316 12%
13
12*516 13*16
12**16 13*i« 13
13*4
12?8 13*4
13%6
13316 13*8
103l6 10016
STAINED.
Good Ordinary
Strict Good Ordinary
Low Middling
Tk.
FUTURES.
SALES OF SPOT AND TRANSIT.
Conti¬
Mon. Toes
0
From Sept. 1,1881, to July 1$, 1882
Exported to—
Exported to—
Brit'n. France
Great
Britain.
New Orleans....
The
—
8
2
14
On
July 14, at—
167
80
....
....
....
5
....
6G2
....
....
....
New York
....
....
113
2
Norfolk
10
52
....
Wilmington....
Moreh’d C.,Ac
10
379
38
Pt. Royal, &c.
223
53
....
Charleston
....
10
171
21
Brunsw’k, Ac.
6
....
....
Savannah
Fri.
....
Mobile
Florida
Total.
165
....
New Orleans...
62
16
....
Thurs.
Wctl.
Taes.
52
77
Galveston
by Messrs. Carey, Yale &
receipts have reached 8,142
bales, against 9,586 bales last week, 9,288 bales the previous
week and 13,869 bales three weeks since; making the total
teceipts sinoe the 1st of September, 1881, 4,639,715 bales, against
5,722,045 bales for the same period of 1880-81, showing a decrease
since September 1,1881, of 1,082,330 bales.
Receipts at—
prepared for our special use
Lambert. 60 Beaver Street.
are
Sat. .'Q’t- & st’y, *16 ad.
Mon .:Q’t & st’y, *ih acl.
Tues Quiet and steady
Wed
Steady
Thurs Easy at *ie dec..
Fri.
Q’t Aeasy, *m dc
.
Ex-
Specsump. uVt'n
j Con-
port.\
197*
...J
382
398
”.9
....]
732
33
400
...J
344
5G7
597l
3.371
Tran¬
sit.
....
Total
L.
j
!
42
....
Deliv¬
eries.
103,300
99.GOO
110,000
200
200
300
300
200
200
4,010 624.800
1,400
105,000
.
.
Sales.
Total.
on!O0^*;4
I
Ci
114,000
92,300
1
The daily deliveries given aoove are actually delivered
on which they are reported.
the day pr©
vious to that
The Sales and Prices of Futures are shown by the follow¬
ing-comprehensive table. In this statement will be found the
daily market, the -prices of sales for each month each day,sand
the closing bids, in addition to the daily and total sales.
81
CHRONICLE.
THE
1882.]
July 15,
§r
P*
ffl
®
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CD
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gJ
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Liverpool stock
341,000
69,500
191,000
51.100
137,000
138,700
125,510
284,000
25,000
244,000
60,600
85,390
222,000
20.000
322,000
12,000
631.990
676.610
892,200
931,094 J1,438,933 1.126.226
838,713
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indicate a decrease in the cotton in sight
>1 55 0 © g: ©
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1,823.291 2,115.513 1,753,216 1,396.713
t>i516fl.
69iftd.
67s:1.
6%d.
At thb Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
•
•
558.000
6©
M©
M
^
supply
44.000
43,000
to-night of 292,249 bales as compared with the same date of 1881,
an increase
of 65,078 bales as compared with the corres¬
ponding date of 1880 and an increase of 426,581 bales as com¬
pared with 1879.
to to
'
MM 13
to to ©
to
20,000
M M
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323.000
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to to ©
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838,713
a
MM ,3
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931.094 !L,438,933 1,126,220
IskSS-^s
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to to ©
M
Total American
East Indian,Brazil, <&c.—
5F§S'S'J9
M 35
M
M-*
M
1
1
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.
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I
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to
11,600
1 ©to
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2,000
223,028
66,198
5.000
429,000
170,000
76,000
145,185
15,528
3,000
473,000
133,000
221,000
period of 1880-81—is set out in detail in the following
-4-4©
c
-4
635,000
260,000
167,000
310,556
54,777
! ©^
MM©
W
©
80.000
103.000
229.355
29.739
Mtcx
-4©
“Hyi
145,185
15.528
3,000
|®"The imports into Continental ports this week have been
M©
1 ©P
5,000
487,000
31,000 bales.
The above figures
MM
too
11,600
76,000
12,000
Continental stocks
American afloat for Europe....
United States stock
United*State8 Interior stocks..
United States exports to-day..
Total East India, &o
Total American
1 ©cn
M M co
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©05
COM
CO
w
.
I
too
I ©^
MM
00
to
2,000
229,355
Stock in United States ports
Stock in U. 8. interior ports..
United States exports to-day.
rice Mid. Upl., Liverpool—
1 ©W
1 ©s*
1
Egypt, Brazil,&c.,aflt for E’r’pe>
Egypt, Brazil, &o., afloat
I ©CO
MM
MM
o»ot
a
too
29.739
25.000
310.556
54,777
222.000
221,000
20.000
223,028
66.198
284.000
167,000
323,000
103,000
20,000
,
Total visible
to M
66
1*8
to
-401
to o to
to to
Mm
to
•
1.000
None.
213,000
Continental stocks
India afloat for Europe
to to
CO 00
MM
M
i
36,750
223,390
London stock
6
3,500
27,250
6,500
India cotton afloat tor Europe.
Amer’n cotton afloat for Eur’pei
MM
MM
f-*
►-‘CO
Wif-
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..
2,250
37.000
24,800
Liverpool stock
05
to
H|F
stocks..
Total European
1879.
93,750
American—
«st
I 8P
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385,510
600
80,100
4,820
59.100
2,900
30,100
17,100
3,150
1,320
Total visible supply
1.823.291 2.115.513 1.758.216 1,396,713
Of the above, the totals of American and other descriptions are as follows
mmw
I 00©
MCJi
HH®
to too
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218,700
1,200
.
00
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17,500
57,200
39,700
5,080
3,330
11,200
.
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Stock at Havre
bales
Stock at Marseilles
Stock at Barcelona
Stock at Hamourg
8rock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at ottier conti’ntal ports.
1880.
1881.
205,000
3,500
54.900
5,600
1882.
nt-doca.
s
to
to
CO
1 1:
•includes sales in September. 1881, for September. 314,000: September-Octuber for October, 416.400; September-November for November,
611,200; September December for December, 1,479,100; September,
jMiuary for January, 4,252,500; September- February for February,
2,230.100; September-Marcli for March, 4,411,100; September-Aprilfor April, 3,533,800; September-May, for May, 3,295,800; September,
W W
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©MW©©©M
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UCOi M K0O5 MOW O' -4 O'
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June, for June, 2,779,700.
Transferable Orders—Saturday, 13’05c.; Monday, 13 05c.; Tuesday,
12‘95o.; Wednesday, 12 S0c.; Thursday. 12’80o.; Friday, 12*75c.
Short Notices for July—Monday, 12*95c.; Tuesday, 12-89®12-90c.
Thursday, 12*76'@12*77c.
The
following exchanges have been made during the week:
pd.
to exch. 1,500 July for Aug. -04 pd. to exch. 100 July s. n. 15th
'92
'J 8
pd. to exch. 300 Nov. for Oct.
for regular.
'21 pd. to exch.
1,000 Jan. for Mch. -06 pd. to exch. 100 July for Aug.
The Visible Supply of Cotton, as made up bj cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (July 14), we add the item of exports
from the United States, including in it the exports of Friday only.
Stock at Liverpool
Btook at London
bales.
Total Great Britain stock
1879.
1882.
1981.
828.000
826.000
1880.
717.000
566,000
69,500
51,100
60,600
44,000
897,500
877.100
777.600
610,000
©
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©
CO
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<1
M
to to to 05 to 05
05 tO O' M oVwh
0'tO©if-M©WW®-IGDM©M
The total gross reoeipta
1831, have been about 300,000 bales, against
about 260,000 bales for same time last year.
t This year’s figures estimated.
*
These
are
ouly the net receipts at Louisville.
there since September 1,
fiHT* We have corrected last year’s
St. Louis stock.
The above totals show that the old interior stocks have de¬
creased during the week 6,422 bales, and are to-night 36,605
bales less than at the same period last year. The receipts at
the same towns have been 2,815 bales less than the same week
last year, and since Sept. 1 the receipts at all the towns are
576,286 bales less than for the same time in 1880-81.
Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the ontports are some¬
times misleading, as they are made up more largely one year
THE
82
CHRONICLE
[Vou XXXV.
IStw Orleans, Louisiana.—It has rained on five days of the
the interior stocks. We reach
past
week, the rainfall reaching two inches and six hundredths.
therefore, a safer conclusion through a comparative statement The thermometer
has averaged 80.
like the following. In reply to frequent inquiries we will add
Shreveport, Louisiana.—We have had cloudy weather
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the during the past week, with heavy rains and gales on the 11th
and 12th. The rainfall reached three inches and seventy-eight
weekly movement from the plantations of that part of the crop hundredths. The thermometer has ranged from 67 to 98.
which finally reaches the market through the out-ports.
Vicksburg, Mississippi.—Telegram not.received.
RECEIPTS FROM PLANTATIONS.
Columbusy Mississippi.—It has been showery on three
days of the past week, the rainfall reaching thirty-eight hun¬
Wtek
Receipts at the Ports. SVk atlnterior Towns. Rec'pts from Plant'ns.
than anouier at the expense of
ending—
1881.
1880.
1882
isso.
1881.
1882.
Apr. 28
30.858
47.729
5
25.061
45.535
12
24 630
49.150
33.006 220.890 225.820 157.836
34,423 202.216 215.253 143.327
25,881 18° -03 194.662 127,630
19
26.514
42,415
80.85!
20.864
32,04.
29,432
May
M
II
20
23,764
June 2
23,674
32.351
11,161
6,987
34.968
19.914
12.183
28.559 *10,184
22,562
8,669
9.515
15.950 140.127 136.470
93.585
21.639
2.342
2,504
5,M7
83,394
0,854
2,217
72,408
15
15,785
2.672
16
19,87'
28,216
23
23,511
23.470
13,869
18.580
12,573
4.88S
II
....
1882.
9,574
15,624 123,704 109,360
13.658 103,9 9 90,917
9
1881.
172,83 5 174,809 115,435
13,981 153-04 7 147,473 104,018
M
44
1880.
87,833
81.179
91,230
78.617
72,301
74.003
5,438
59,550
7,435
17.759
1.011
50.417
10.403
8.049
155
42,842
85,454
9,927
4,404
12.027
2.012
753
dredths of
an
inch.
The thermometer has averaged 81, th«
highest being 95 and the lowest 68.
Little Rocky Arkansas.-^The weather has been more or less
cloudy all of the past week, with rain on four days. The
rainfall reached one inch and fifty-seven hundredths. Aver¬
age thermometer 75, highest 87 and lowest 63.
Memphisy Tennessee.—It has been showery on five days of
the past
week.
from 68 to 87.
The thermometer has averaged 77, ranging
Nashville, Tennessee.—It has
rained
on
two days of the
past week, the rainfall reaching one inch and thirty hun¬
dredths. The weather has been too cool. The thermometer
has ranged from 64 to 91, averaging 77. 19,811
8.142 70,749
10.691
18,199
14
Mobilet Alabama.—We have had delightful showers on six
The above statement shows—1. That the total receipts from the days of the past week, and the indications are that they extended
The rainfall reached one inch and
plantations since Sept. 1, in 1881-82 were 4,629,744 bales; in over a wide surface.
1880-81 were 5,757,210 bales; in 1879-80 were 4,922,646 bales.
twenty-nine hundredths. The crop is developing promisingly.
.2. That, although the receipts at the out-ports the past week We hear rumors of the appearance of caterpillars, blit think
were
8,142 bales, the actual movement from plantations was them of very little importance. The thermometer has aver¬
only 753 bales, the balance being taken from the stocks at aged 77, the highest being 91 and the lowest 66.
the interior towns.
Last year the receipts from the planta¬
Montgomery, A labama.—The early part of the past week was
tions for the same week were 19,811 bales and for 1880 they clear and pleasant, but . during the latter portion it has been
were 4,404 bales.
rainy on three days. The rain extended beneficially through¬
out the- interior.
Crop accounts are more favorable. The
Amount of Cotton in sight July 14.—In the table below
fields are clear of weeds at.d the plant looks strong and
we give the receipts from plantations in another form, and
healthy. The thermometer has ranged from 65 to 94, averag¬
add to them the net overland movement to July 1, and
ing 79, and the rainfall reached four inches and seventy-one
also the takings by Southern spinners to the same date, so as to
hundredths.
give substantially the amount of cotton now in sight. We shall
^elmay Alabama.—We have had rain on two days of the
continue this statement hereafter, bringing it down to the close
past week, the rainfall reaching two inches. The crop develop¬
of each week.
ment is encouraging.
The thermometer has averaged 77.
1880-81.
J881-82.
Madison, Florida.—We have had rain on two days of the
5,722,045 past week, and the remainder of the week lias been pleasant.
Receipts at tlie ports to July 14
bales. 4,639,715
3d, Ibo
*9,971
Interior stocks in ext ess of Sept. 1 on July 14.
Crop reports are less favorable. Good progress is being made
in clearing the fields of weeds.
There is some complaint that
5,757.210
4,629,744
Total receipts from plantations
bolls are dropping badly, and that the bottom crop will be
464,336
509,799
Net overland to July 1
195,OoO poor.
229,000
The thermometer has averaged 83, ranging from 72 to
Southern consumption to July 1
July
SO
17.057
20.002
7
14,070
19.163
9.2SS
9.586
77.036
•1
'
-
5.323,080
Total in sicht July 14
6,462,009
1.
It will be seen by tbe above tliat the decrease in amount in sight
o-night, as compa e l with last year, is 1.138,929 bales.
Weather Reports by Telegraph.—The weather condi¬
*
Decrease from September
tions have in
general been very favorable during the past
week, and the crop is developing finely. Picking has been
commenced in the southern half of Texas.
Galveston, Texas.—We have had a light shower on one day
of the past week, the rainfall reaching seven hundredths of
an inch.
The northern half of the State has had good rains
during the week, and all crops are very promising; the south¬
ern half have had only trifling showers, and crops of all sorts
are suffering badly.
Picking is beginning in southern half.
The thermometer has averaged 83, the highest being 91 and
the lowest 75.
Indianola. Texas.—It lias drizzled on one day of the past
week, the rainfall reaching 1 ut two hundredths of an inch.
We are needing rain.
Picking has begun. First bale new
cotton was received here on the seventh, and shipped to Gal¬
veston.
The thermometer lias ranged from 77 to 93, averag¬
ing 84.
I) all as, Texas.—On three days of the past week we have
had beneficial showers, and indications are that they ex¬
tended over a wide surface. The rainfall reached three inches
and sixteen hundredths. The corn crop is safe, and cotton is
doing splendidly. Average thermometer 81, highest 98 and
94.
Macon, Georgia.—It has been showery on three days of the
past week. The thermometer has ranged from 60 to 76, aver¬
aging 87.
Columbus, Georgia.—It has rained
Most sections need rain.
tnermometer has averaged 87, ranging from 71 to 102.
Palestine, Texas.—We have had delightful showers on
The
four
days of the past week, which have extended over a large
surface. The rainfall reached two inches and eight hun¬
day of
92 and lowest
Savannah, Georgia.—We have
had rain
on
three days of
week, and the remainder of the week has been par¬
tially cloudy. The rainfall reached thirty-five hundredths of
an inch.
The thermometer has averaged 81, the highest being
the past
91 and the lowest 67.
Augusta, Georgia.—We had heavy rain on three days
during the early part of the past week, but the latter por¬
tion has been clear and pleasant.
The rainfall reached one
inch and five hundredths.
The crop is developing encoura¬
gingly and accounts are favorable. The thermometer has
ranged from 62 to 93, averaging 79.
Atlantaf Georgia.—Telegram not received.
Charleston, South Carolina.— We have had light showers
on
three days of the past week.
The thermometer has
averaged 81, ranging from 69 to 92, and the rainfall reached
seventy-six hundredths of an inch.
The following statement we have also received by telegraph,
ah* >wing the height of the rivers at the points named at 3 o’clock
July 13, 1882, and July 14, 1881.
July 13, ’82 July 14, ’81.
weather has been warm and dry
during all af the past week.
on one
and sixty-five
76.
lowest 64.
Brenham, Texas.—The
severely
the past week, the rainfall reaching one inch
hundredths.
Average thermometer 80, highest
New Orleans
Memphis
Above low-water mark.
Nashville
Shreveport
Vicksburg
Above low-water mark.
Feet.
2
30
7
10
40
Inch.
10
9
11
8
5
Inch.
Feet.
6
6
2
15
Miss ing
Miss ing
10
27
New Orleans reported below high-water mark of 1871 until
doing as well as possible. The ther¬
9, 1874, when the zero of gauge was changed to high-water
Sept.
mometer has ranged from 66 to 98, averaging 82.
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
Huntsville, Texas.—We have had warm and dry weather
1871. or 16 feet above low-water mark at that point.
during all of the past week. Rain is badly needed, and crops
New York Cotton Exchange.—On Monday next, July 17. the
of all sorts are suffering.
Average thermometer 86, highest
190 and lowest 71.
application for membership of the senior of a Liverpool house
Weatherford, Texas.—We have had rain on one day of the will be voted on. Another application is made by a partner of
past week, which has benefitted a large surface. The rainfall a Havre firm with a branch at New Orleans, and one member
reached two inches and thirty-two hundredths.
Corn is out
of danger and cotton is flourishing.
The thermometer has of the Exchange has posted his intention to transfer his seat.
A counter petition was signed yesterday requesting the
averaged 81, the highest being 97 and the lowest 65.
Belton, Texas.—-It has rained on one day of the past week, Board of Managers not to act on the petition referred
the rainfall reaching fifty-three hundredths of an inch.
The to on June 24. The latter recommended an amend¬
rainfall was insufficient and more is needed. Otherwise crops
are promising.
Average thermometer 84, highest 100 and ment of the Commission Law so as to restrict the' right
lowest 67.
to solicit business to members of the Exchange, and not
Luling, Texas—We have had a light shower on one day of to allow salaried agents to act in that capacity. The coun¬
the past week, but more is wanted.
Picking has been ter
petitioners consider such a change, in addition to other
commenced. The thermometer has ranged from 64 to 100,
objections, not only to be unfair, but also unconstitutional.
averaging 82.
dredths.
All crops are
July
submitted to the decision of
the members of the Exchange, when it will require a two-third
The
question will, no doubt, be
rote to carry
The
the amendment.
introduced this week as visitors to the
following were
Exchange:
T 8.
r\
L. P. Jones. New York.
G. Siegel. New ' rleans.
E. Taburius. Liverpool.
Hipkins, Baltimore.
g. Bryce,
North Carolina.
fir. Holmes, Norfolk.
Camp, Norfolk,
j. F. Foster, Savannah.
W.
J. B.
Texas.
Memphis.
Ga.
Georgia.
E.’ Lilly, Wilmington.
The Agricultural
-The
Department of Agriculture, July 10.
statistical returns of the Department
From Florida to
slightly declined.
The general average is 92, which is higher than in J uly of 1S73
and 1874, and lower than in any other year of the past ten. It
was 93 in 1877 and 1879, and 95 last July.
This condition is due
to a late, wet spring, and is rapidily and generally improving
under favoring skies.
The figures for the several States are: Virginia, 85;
•Carolina, 90; South Carolina, 98; Georgia, 92; Florida, 92;
Alabama, 93; Mississippi, 87; Louisiana, 96; Texas, 97; Ar¬
kansas, 90; Tennessee, 78.
In Texas and South Carolina the condition is better than in
North
and the same as at that date in Louisiana. The
drawbacks reported are those of the past and are mainly defic¬
ient stands, slow growth and general backwardness; but there
The
is a marked absence of present unhealthful condition.
returns are nearly unanimous in indicating a good degree of
vigor and rapidity of growth. Thus far there is only a loss
of time for development and fruiting.
Future favorable con¬
ditions may make good the deficiency, but unfavorable weather
in July ani August would make a full crop impossible.
The June and July condition figures, compared with the
June and July figures for previous years, are as follows:
July of 1881,
1878.
18 79.
1880.
Jali/.
No. Car....
82
.So. Car
92
Georgia
...
89
.*
Jane.
Jali/.
Jane.
July.
June.
July.
June.
Bales
Great
Conti¬
Britain
nent.
265,
469,
27,
271,
129,
373,
734,
232.
512,
298,
264,
81,
363,
141,
308,
222,
671,
34,
314,
237,
59,
551,
444,
280,
449,
261,
893,
541,
348,
264,
262,
216,
610,
480,
164,
183,
352,
338,
307,
645,
84,
382,
46,
331,
713,
502,
495,
261,
997,
611,
466,
319,
377,
276,
843,
625,
101,
241,
218,
Great
Conti¬
Britain
nent.
25,
336,
240,
133,
Consumption in Oct..
361,
2 SO,
Spinners’ stock Nov. 1
Takings in November.
Total supply
Consumption in Nov
000s omitted.
1880-81.
1881-82.
Total.
Total supply
.
216,
25,
‘
Spiuners’ stock Doc. 1
Takings in December.
Total supply
Consumption in Dec..
Spinners’ stock Jan. 1
Takings in January..
234,
253,
386,
117,
261,
514,
269,
413,
487,
900,
386,
232,
512,
272,
342,
218,
728,
280,
133,
255,
242,
3S3,
114,
124,
283,
525,
289,
313,
238,
602,
8upply
Consumption in Feb.
416,
280,
497,
232,
913,
512,
403,
270,
Spinners’ stock Mar. 1
Takings in March
136,
418,
265,
337,
401,
755,
602,
Total
supply.
Consumption in Jail..
Spinners’ stock Feb. 1
Takings in February.
152,
810,
500,
133,
207;
340,
335,
310,
645,
87
8L
98
88
93
104
99
94
81
99
104
92
92
98
98
97
93
86
101
105
98
100
Consumption in Mar.
350,
290,
1,156,
640,
466,
91
337,
517,
272,
Spinners’ stock Apr. 1
Takings in April
204,
312,
516,
261,
270,
531,
131,
265,
245,
263,
92
Alabama..
.95
93
102
102
96
93
96
96
101
102
Mississippi
88
87
94
94
96
99
99
92
98
98
Louisiana
90
96
90
96
97
96
95
93
93
95
93
97
89
89
106
Ill
94
90
104
106
Arkansas..
85
90
90
92
100
104
100
103
98
91
Tennessee.
80
78
93
105
99
103
91
101
97
98
Galveston’s First Bale.—Galveston
received her first bale
supply
490,
230,
104
Total
510,
437,
-
93
90
130,
350,
101
99
539,
480,
241,
92
100
139,
400,
112,
94
92
Total.
•
Spinners’ stock Oct 1.
Takings in October...
96
97
of this
July 1.
of 400 lbs. each.
Oct. 1 to
90
Florida....
.
441
According to the above, the average weight of the deliveries
pounds per bale to July 1, against
450 pounds per bale during the same time last season. The
Continental deliveries average 421 pounds, against 432 pounds
last year, and for the whole of Europe the deliveries average
427 pounds per bale, against 441 pounds during the same
eriod last season. In the following table we give the stock
eld by the mills, their takings and their consumption, each
month since October 1, all reduced to bales of 400 pounds each
for this season and last season.
It is a very convenient and
July.
95
Texas
4,748,340
432
1,091,335,500 1,003,600,800 2,094,936,300
Total
States.
Jane.
2,323,150
450
of Agriculture for
Mississippi every State shows higher figures.
Mississippi and Tennessee the condition has
1881.
2,425,190
useful summary.
July, which are very full, show that cotton has improved since
the first of June, its average condition being three points better
on the first of July.
From Virginia to Georgia and west of the
1882.
1880-81.
in Great Britain is 432
Department’s July Report.—The fol¬
lowing statement, showing the condition of cotton, was issued
by the
For 1881-82.
Takings in pounds.
Mumford. Norfolk.
P. H. Savage, Norfolk.
E Courtney Jenkins, Richmond, Va.
B. B. Ford. Norfolk.
J. B. Harrison. Danville. Va.
Gen. John J. Hazard, New Orleans.
Gastin Mauley, Baltimore.
H M. Hobbie. Montgomery.
G* If. Pollitzer, Charleston.
Total.
Continent.
Great Britain.
July 1.
2.418,660
5,132.870
2,714,210
Takings by spinners...bales
427
432
421
Average weight of bales....
1,018,255,860
2,190,794,580
1,172,533,720
Takings in pounds
For
A. J. Ingersoll, Mobile.
C. W. Parke, Selma.
J. C. Tarver, Houston.
Sbellhass. Bremen.
Geo. G. Lineu, Melbourne.
From Oct. 1 to
Takings by spinners., .bales
Average weight of bales....
Conrad Miller, London.
J. F. McBride, Texas.
C. A. Gambill. Baltimore.
\V. B. Lightfoot, Dallas,
r F. Patterson,
W. H. Chew, Augusta,
L. H. Compton,
83
CHRONLOLK.
THE
15, 3882 ]
985,
-
609,
376,
528,
465,
582,
280,
262,
1,047,
542,
396,
Consumption in April
Spinners’ stock May 1
Takings in May
185,
295,
320,
300,
505,
595,
112,
306,
270,
351,
382,
430,
620,
1,100,
418,
621,
1,039
Total
Total
supply
supply
264,
508,
238,
.
904,
522,
657,
year’s crop on Sunday, Ju’y 9. It was received by
516,
504
272,
280,
236,
232,
Consumption in May.
Messrs. Gust, Heye & Co., from C. H. Gruecke of Grueckeville,
535
384,
584,
146,
389,
DeWitt County. The bale weighed 378 pounds, and was sold Spinners’ stock June 1 200,
395,
376,
771,
297,
,334
631,
Takings in June
by auction at the Galveston Cotton Exchange on Monday for
1 *3oo
Total supply
576,
779,
443,
723,
1,166,
380 to Messrs. J. O. Symes & Co., and by them shipped to
334,
340,
697,
290,
630,
Messrs. Richardson & May of New Orleans. The first bale was Consumption in June. 363,
received at Galveston last year on July llj and came from De Spinners’ stock July 1
103.
536
213,
658,
445,
43^.
Witt County.
A more striking comparison with last year i
reached by
The First Texas Bale.—The first bale of new Texas cotton,
bringing
together
the
foregoing
totals,
and
adding
the
average
which was shipped from Houston on July 6, and consigned co
consumption
weekly
np
to
this
time
for
the
two
years.
Messrs Latham, Alexander & Co. of this city, was sold at auc¬
tion in front of the New York Cotton Exchange on Monday
Oct. 1 to July 1.
,1881-82.
1880-81.
afternoon, J uly 10, at 19 Gents per pound. It was purchased by Bales
of
400
lbs.
each.
Mr. Thomas Perkins, Jr., and shipped to Liverpool the follow¬
Great
Conti¬
Great
Conti¬
000s omitted.
Total.
Total
Britain
Britain
nent.
nent.
ing day per steamer Wyoming, of the Williams & Guion Line.
The First Bale of Georgia Cotton.—Our correspondent at
25,
27,
240,
265,
Spinners’ stook Oct. 1.
112,
139,
Albany, Ga., telegraphed us on July 11, as follows: “First Takings to July 1
2,931,
5,476, 2,728,
2,545,
2,509,
5,237,
bale of new cotton was received to-day by Ed. L. Wight from
P. W. Jones, Baker County; sold to A. 13. Westow for twenty Supply
5, * 41, 2,755,
2,956.
2,785,
2,621,
5,376,
■cents per pound and shipped to Tolar, Hart & Co., New York.”
2,743,
2,340,
Consumption
5,083, 2.652,
2,188,
4,840,
Last year the first bale of Georgia cotton was received at
213,
103,
445,
433,
658,
536,
Macon, July 23; this is the earliest bale of cotton received any¬ Spinners’ stock July 1
where in Georgia last year of which we have any record.
Weekly Consumption.
00s omitted.
Virginia’s First Bloom.—The first bloom of this year’s cotton
In ©ctober
70,0
58,0
128,0
66,0
54,0
120,0
crop was received at Petersburg, Va., July 10, from the farm of
In November
70,0
Reuben Ragland, of Chesterfield County, near that city. The
58,0
66,0
128,0
120,0
54,0
In December
cotton crop in Virginia State is about a month late, and the
70,0
5S,0
122,5
128,0
54,5
68,0
In January
stand is bad and irregular.
70,0
68,0
128,0
68,0
54,5
122,5
In February
70,0
58,0
128,0
68,0
54,5
122,5
European Cotton Consumption to July 1.—The cable brings
In March
70,0
58,0
us
128,0
54,5
67,5
122,0
to-day Mr. Ellison’s cotton figures brought down to July 1.
In April
70,0
59,0
The revised totals for last year have also been received, and we
129,0
68,0
56,0
124,0
In May
70,0
59,0
129,0
58,0
68,0
126,0
give them for comparison. The takings by spinners in actual
71,0
In Juue
bales and pounds have been as follows:
60.0
60,0
131,0
58.0
127,0
-
f
*.
,
LHE CHRONICLE.
84
,
we
now
for the different years.
Condition
of
Cotton.
North Carolina.—The Henderson (Granville County) Gold
Leaf* in
a recent issue, says :
“Cotton has taken a fresh start and is
1881-82.
1878-79.
1877-78.
1876-77.
3,939,755
8.
•
1,176
1,236
1,763
“
5....
464
“
6....
“
7...,
1,395
2,353
1,168
2,855
4,003
3,880
3,9C1
1,764
1,112
2;068
334
930
8.'
3,036
4,563
563
1,013
815
2,232
322
796
798
2S7
674
634
399
1,034
479
346
726
Brooks County, Georgia.—The
Savannah Morning News
received, July7, from Mr. J. A. Johnston, of Grooversville, aboil
of this year’s cotton picked out of his cotton field in Brooks
County, July 5. Accompanying the specimen is a note, which
says “I have one hundred acres and plenty of cotton. This is
the most forward cotton in this section. I will be picking by
the 15th or 18th of this month.”
The census year Brooks County
raised 6,288 bales.
(Avoyelles Parish) Bulletin, of
last week, says :
“We have seen cotton bolls in the bayous this week.
Cotton
is more advanced this year than it has been for a long time,
and with'a favorable season the heaviest crop that lias been
made in years will be the result.”
The census year Avoyelles produced 18,355 bales.
Mississippi.—A
special from Vicksburg to the New Orleans
Times-Democrat, dated July 7, says :
“Crops are reported to be excellent on the Tallahatchie River
and on Big D-er Creek.
An encouraging report also comes
from nearly all sections of the country tributary to Vicksburg.”
-
8.
'
2,624
1,530
10....
586
“
11....
1,006
2,731
“
12....
863
3,222
1,874
“13....
685
2,761
3,045
983
“
bales.
8....
9....
“
giving Bladen 6S3 bales and New Hanover only 66
1,541
1,864
4....
‘'
§reat deal of it being over waist hign. He sends a cotton
Louisiana.—The Marksville
1879-80.
“
“
picked in S. B. Anders’ field on June 25th. New Hanover
has reported her first boll.”
Both of these counties have been small producers of cotton,
census
1880-81.
the movement
Tot.Jn.30 4,620,187 5,681,281 4,837.328 4,421,749 4,238.246
Juty 1....
2,405
3,402
1,904
343
918
“
2....
8.
2,701
2,902
271
970
“
3....
8.
1,733
1,521
1,548
loom
the
exa^t comparison of
an
XXXV.
*
coming out wonder¬
fully.” The census gave the county 2,535 bales.
A correspondent of the Wilmington Morning Star, writing
from Magruder, Bladen County, says : “The cotton crop of that
section is very fine and is very much larger than ever before, a
.
shall be able to reach
The
foregoing shows that the weekly consumption in Europe
181,000 bales, of 400 pounds each, against 127,000 bales
last season, and that the stocks at the mills both in Great Britain
and on the Continent are greater than a year ago.
is
[Vol.
14....
Toial
8.
*5,334
761
414
1,163
8.
S.
840
S.
8.
2,187
848
367
914
849
409
8.
8.
758
4,639,715 5,718,641 4,863,480 4,428,380 4,248,897 3,950,348
Pero^n
of
a: e
total
97 35
pr»rr tb 'Ms 'July 14
*
629
97 23
0957
97-77
9782
A correction of
previous receipts of 1,500 bales added.
This statement shows that the receipts since
Sept. 1 up to
to-night are now 1,078.926 bale* less thau they were to the same
day of the month in 188L and 223,765 bales less than they were
same day of the month
in 18S0. We add to the table
the percentages of total port receipts which had been received to
July 14 in each of the years named.
India Cotton Movement from all Ports.—The figures which
are now collected for us, and forwarded
by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin,
Carwar, &c.,
enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a fuil and complete India
movement for each week.
We ilrst give the Bombay statement
for the week and year, bringing the figures down to
July 13.
to the
BOMBAV RECEIPTS AND SHIPMENTS
Shipments this iceek.
Year
Great
Br it’ll.
Conti¬
nent
Shipments
Great
Britain
Total.
FOR
since
YEARS.
Jan. 1.
Conti¬
nent.
East Tennessee.—The Knoxville, Tenn., Tribune, received
FOUR
'
Receipts.
This
Week.
Total.
Since
Jan. 1.
1882 9,0<K) 8,000 17,000 696,000 559.000 1,255,000 15,000 1,543.000
July 4, from Charleston, Tenn., the first cotton bloom of the 1881
1.000 18,000 19,000 252.000 501.000
753,000 12.000 1.099,000
season.
The accompanying communication says that the cold, 1880
4,000 6,000 10,000 344.000 447,000
791,000 7,000 1,023.000
backward spring held the cotton crop in check for awhile, but 1*79 1.000
1,000 234,000 301,000
535,000 7,00 0 754,000
the prospect is fair for a good yield. The acreage of the cotton
According to the foregoing, Bombay appears to show an
crop is the largest ever known in East Tennessee.
increase compared with last year in the week’s receipts of 3,000
Of course our readers know that this section only produces
bales, and' a decrease in shipments of 2,000 bales, and the
little cotton, and is no indication of the crop of Tennessee.
shipments since January l show an increase of 502,000 bales.
The movement at
Tuticorin, Carwar, &c., for
Texas.—(From the Galveston Daily News)—Paris, Lamar the same week andCalcutta, Madras,
years has been as follows.
County, July 6—“A fine rain fell all over the county a few days
ago,
and has assured the farmers of
an
excellent
which is already safe, and the prospect for
is
now
a
corn
crop,
good cotton
crop
certain.”
The
census
year
Lamar County is reported
as
weeks hence.”
census
year
Washington County was reported
as pro¬
ducing 20,692 bales.
Comparative Port Receipts and Daily Crop Movement.—
A comparison of the port movement by weeks is not accurate
as the "weeks in different years do not end on the same
day of
We have
consequently added to our other standing
daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September 1, 1881, has been as follows.
tables
Year
1881
Year
1881.
1880.
Conti¬
1878.
1877.
i'.ooo
6,000
Bept'mb’i
425,77i.
October
January
February.
968,318
837,349
951,078 1,006,501
933,44u 1,020,302
543,912
571,701
291,992
572,728
March...
257,099
476,582
447,91*
261,913
April....
147,595
113,573
234,246
153,025
303,955
167,459
190,054
131,871
110,00H
88,455
29,472
Decemb’r
.
May
June
68,679
458,478
333,643
883,492
283,848
689,264
98,491
578.533
942,272
779,237
822,493
956,464
647,140
893,664
618,727
566,821
900,119
84.299
689,610
472,054
340,525
197,965
96,314
42,142
Total year 4,620,487 5,681,231 4,837,32s 4,421,749 4,238,24b
Perc’tage of tot. port
receipts June 30
1876.
.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
8,00*6
226,000
148,000
118,000
3 44,000
209,000
5,000
15,000
190,000
168,000
61,000
75,000
104,000
to
1832.
Shipments
all Europe
This
from—
Bombay
All other
96*71
This statement shows that up to
99 42
97-52
265,000
272.000
This
1830.
week
Since
Jan. 1.
17,000 1,255,000
19,000
753,000
344,000
8,000
17,000 1,599,000
27,000
p’rts.
Total
1881.
Since
Jan. 1.
week.
years up
week.
Since
Jan. 1.
209,000
10,000
5,000
791,000
265,000
962,000
15,000 1,056.000
This
to date, at all India ports.
of cotton at
Shipments.—Through arrangements
Alexandria, Egypt. The following are the receipts
week and for the coiresponding week
and shipments for the past
of the previons two years.
Alexandria, Egypt,
July 13.
1881-82.
1880-31.
1879-80.
Receipts (cautars*)—
*
This week....
Since
Sept. 1
3,939,755
97*56
and
have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
we
*
*
2.831.720
This
■week.
-
96*72
Totcu.
nent.
EXPORT8 TO EUROPE FROM ALL INDIA.
36,030
June 39 the receipts at the
ports this year were 1,060,794 bales less than in 1880-81 and
216,841 bales less than at the same time in 1879-80. By adding
to the above totals to June 30 the daily receipts since that time
Conti¬
The above totals for this week show that the movement from
the ports other than Bombay is 8,000 bales less than same
week last year. For the whole of India, therefore, the total ship¬
ments this week and since Jan. 1, 1882, and for the
corresponding
weeks and periods of the two previous years, are as follows.
Alexandria Receipts
Noverab’i
Great
Britain.
Total.
nent.
This last statement affords a very interesting comparison of the
total movement for the week ending July 13 and for the three
Beginning September 1.
1879.
8,000
4.000
9,000
1880
1879
a
Monthly
Receipts
Great
Britain.
Shipments since January 1.
1882
Brenham, Washington County, July 4.—“ Several bolls of
opening cotton were received at ihe Banner office to-day, and
the indications are that cotton picking will commence two
the month.
Shipments this week.
-
producing
24,154 bales.
The
CALCUTTA, MADRAS, TUTICORIN, CARWAR. RANGOON AND KURRACHRE.
Since
Sept. 1.
1.500
2.770,500
Th is
week.
3.204,000
Since
This
Since
Sept. 1.
v:eek.
Sept. 1.
Exports (bales)—
To Liverpool
To Continent
Total
*
*
Europe
A cantar is 98 lbs.
*
k
>yj-0
rCport.
289,780
245,900
176,271
243.000"
152,308
G66 174,328
422.171
395,303 1
666 464,108
THE CHRONICLE.
1882.1
July 15,
This statement shows
that the receipts for the week ending
cantars and the shipments to all Europe
July 13 were
bales.
Manchester Market.—Our report received fv m Manchester
fc>-night states that there is a fair inquiry, and that prices are
unchanged. We give the prices ot to-day below, and leave
previous weeks’ prices for comparison:
were
32* Cop.
Twist.
d.
930®1O
938®10
d.
M’y 12
19
26
“
«
Jane 2
«
9
“
16
26
30
“
“
July 7
14
“
R.
6
6
6
930010
6
930 010
9*20 10*8 6
9*2010*8 6
9
0 10*4 6
99i6@10l4 6
f>916 010*4 6
99163>10l4 6
8*4 lbs.
OotVn
MU.
Shirtings.
JJpl Is
d.
d.
d
9
8.
4*207
4*207 10*2
4*207 10 *2
4*207 10*2
6
6
6
-0) 8
-@8
-08
0
65s
658
650
658
6%
0
H34
0
678
678
678
57q07 1178
578 0>7 1178
57807 1178
d.
s.
5*207
s.
8=8 @ 9*2 6
858 0 9*2 6
85r TV 9*2
8% 0 9*2
5*207
6
6
6
6
6
6
5*207
5*207
5*907
9*2
9*2
9*2
93s
0 958 6
9
9*8 0 9^ 6
8"8
878
878
878
Mid.
Shirtings.
d.
d.
OotVn
8*4 lbs.
32* Cop.
lwist.
0
0
®
0
5*2 07
5*2 07
5*2 07
9 08
9 08
TTplds
d.
8*2
8*2
8*2
8*2
8*2
8*2
8*2
8*2
0
0
d.
53*
578
5l&ie
OLe
6*16
6»i6
63 ^
6 he
691G
News.—The exports ot cotton from the United
week, as per latest mail returns, have reached
33,141 bales. So far as the Southern ports are concerned, these
are the same exports reported bv telegraph, and published in
the Chronicle last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week:
Shipping
Total bales.
Liverpool, per steamers British Crown. 200 ...
City of Richmond, 100
City of. Montreal, 154 — Coper¬
nicus, 1,40s)
Parthia,
Egypt, 1,020
Nevada, 158
1,105
Wyoming, 1
To Hull, per steamer Otranto, 1,050
To Havre, per steamers Ferdinand de Lesseps. 063—St.
New York—To
4,177
1,050
1,570
1,222
1,036
583
Laurent, 907
To Bremen, per steamer Salier, 1,222
To Haiuimrg, per steamers Alhingia, 700 ...Herder, 336
To Rotterdam, per steamer Amsterdam, 583
To Antwerp, per steamers Daniel Steiumauu. 400
Neder¬
land, 150
New Orleans—To Liverpool, per steamers Celia, 4,667
Me¬
diator, 3,740
To Havre, per ship Friedrich, 5,252
550
8,407
5,252
1,012
3,300
2,275
1,251
1,426
City of Merida, 1.042
Charleston—To Havre, per steam r Freja, 3,300
Baltimore—To Liverpool, per steamer B >livar, 2,275
To Bremen, per steamers Hohenzollern, 8 15
Leipzig, 406
Boston—To Liverpool, per steamers Lowa, 1,318..Palmyra, 10S
Sales
Spec.& exp.
The particulars of these shipments,
are as
arranged in
our
usual
follows:
Liver¬
pool.
Bremen
<6 Ham- Bolter
dam.
Hull. Havre, hurt/.
1,050
New York..
4,177
N. Orleans.
Charleston.
8,407
Market,
12:30 p.m.
l
J
)
$
Market,
4 P. M.
Baltimore..
Boston
2,275
1,426
Total...
16.285
AntVera
xcerp. Cruz.
550
1,042
61518
7*8
12,000
2,000
7*8
18,000
4,000
Quiet.
Firm.
Dull.
Quiet.
Steadier.
Dull.
Steady.
Quiet.
Dull.
Steady.
Steady.
Irregular.
10,188
14.701
3,526
1,426
1,251
583
3,509
550
Easier.
steady.
7
‘
7
73ie
10,000
2,000
7
6i516
*.
7316
73ie
10,000
2,000
12,000
2,000
7*8
10,000
2,000
Saturday.
Delivery.
Jilly-Aug...
Aug.-Sept
d.
661 f;4
Delivery.
Sept.-Oct
6®2e4
Oct.-Nov
7
7
Oct.-Nov
Nov.-Dec..
Dec.-Jan
Nov.-Dee
1,042
33,141
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Dell very.
d.
Nov.-Dec
654,54
64i64
d.
...639(54-g)3864
Monday.
July
J m y- Aug
Aug.-Sept.. ..7ie4®2s4
Sept.-Oct...
6o6d4
j
644(54
.640(j4-g)41,-4
641,,4
642,34
I Jan.-Feb
!
|
j
64304
Aug.-Sept
7*G4
Oct.-Nov
Nov.-Dee
646(34
64i64
64064
654G4
6^o64
Tuesday.
July
J Uly-Aug
._.
Aug.-Sept..
662(;4
Sept.-Oct... 656d43)55G4
Dec.-Jan
662,34
Oct.-Nov
Nov.-Dee
Sept.-Oct.
7<z/666u4
..
..
641,54
.640i 4-®3964
Dec.-Jan
Wednesday.
July
July-Aug
Aug.-Sept
660,.4®5964
660(:4®59(;4
Oct.-Nov
Nov.-Dee
64064'@39(54 Sept.-Oct
607,4- July
Dec.-Jan
6:i7,<4
July-Aug
'2iG1t34'®60,34'2)P>l, 4
Sept.-Oct.. -656g4 a;5234
4 an.-Feb
60804
Oct.-Nov
653,34
660(54
660,34
640,54
July
653(34
July-Am:.. ..
6®o,.4
'S) '304® 08(54-3) 5tfG4
Aug.-Sept
Nov.-Dee.
Dee.-Jan
Nov.-Dee
637C4
6:>764
63864
..
i>6-
4
...
Thursday.
660,
Aug-Sept
661,74
3.61 (54
640,54
a 60,54
Oct.-NOV
4
Friday.
July
July-Aug
Aug.-Sept
Sept.-Oct
.
65704
657(54
659(34-72)58,54
6:>L.4
®50G43>4y64
Oct.-Nov
Nov.-Dee
Dee-Jau
638(!4
636
4
636G4
659,54
650(j4
Aug.-Sept
Sept.-Oct
Oct.-Nov
Dec.-Jan
63964
6^4
July-Aug... 653(343)5704
Allg.-Sept.. 653(543)5904
Sept.-Oct.. .64904-3)5004
BREADSTUFF S.
Friday. P. M., July 14, 1882.
Flour has advanced
a
materially in sympathy with
fair amount of business has been done.
are being utilized
have been more freely
grades
Total
3.300
3,300
1,050 10,122
inq. Mod. inq.
freely
freely
supplied. supplied.
61516
and
The aotual sales of futures at Liverpool for the same week are given
below. These
le salos are on the basis of Uplands, Low -Middling clause,
unless otherwise stated.
wheat, and
583
2,258
1,570
5,252
Mod.
Quiet
and
firmer.
viid.Upl’de
Mia.Orl’ns
Friday.
Steady.
33,141
Total
form,
Active
)
$
Market,
12:30 p.m
0^6
States the past
To Vera Cruz, per steamer
Wednes. Thursday.
Saturday Monday. Tuesday.
Spot.
Futures.
1881.
1882.
85
a
rise in
The lower
for feeding stock and the better grades
taken for export; patents have been
selling quite freely. A large proportion of the receipts of
clears, ordinary patents and of soring wheat brands generally
are
sour
however, and this is
one
of the
most unfavorable
features of the market.
To-day trade was less active and prices,
except for No. 2 and superfine, were weaker.
Wheat has advanced with
only a brief interruption, and
large speculative transactions have taken place. The influences
5, from the Banks, passed through a large number of bales of at work have been the breaking out of hostilities in Egypt, a
cotton on the 1st inst., in the vicinity of Sable Tslaud.
A large steady advance in prices in London, and the wet, unfavorable
quantity was being saved by the Ashing fleet. As some of the bales
weather in England. The closing of the Suez Canal would
were scorched, there is little doubt that the cotton is part, of the
cargo of the bark Wild Huuter, burned off Halifax a few days ago.
necessitate a return to the old voyage around the Cape of Good
Cotton freights the past week have been
follows:
Hope for East Indian merchantmen, and, it is believed, would
make
Great Britain more than ever dependent upon the United
Fri.
Satur.
Mon.
Tues.
Wednes. Thurs.
States for her supply of cereals.
Still the belief is by no
Liverpool, steam d. *8 0316 *8@316
*80316 332®582 332'®B32
means
general
that
the
trouble
will
be of long duration, and
Do
sail...d.
c.
38*
Havre, steam
V
early in the week some of the bulls showed such anxiety to
5i6*
B16*
5iq*
Do
sail
c.
secure their profits on the recent advance, that prices dropped
30*
38*
%*
30*
Bremen, steam, .c.
°16*
516*
three cents in one day. This has since been recovered, and the
Do
sail
c.
advance in options for the week is marked, especially in
Hamburg, steam.d.
516*
516*
516*
516*
516*
516*
Wild Hunter, bark, from Savannah for Reval, via Boston, before
reported, burned at sea. A schooner which arrived at Casno. July
Do
the later deliveries.
sail...d.
Amst’d’m, steam.c.
Do
Baltic, steam
Do
d.
sail
516*
516*
Do
732®V
732®14* 7320*4*
7320*4* 732®14
c.
Barcel’na, st
*
516*
516*
5J6*
sail. ..d.
>am.c.
sail... c.
916*
916*
....
....
9!6*
916*
916*
....
—
....
516*
....
June 23
have the following
at that port:
we
,
June 30.
July 7.
....
Of which speculators took..
Bales American
Actual e Kport
Forwarded
Total stock -Estimated
Of wUic_ A Herican—Estim’d
Total import of cue week
July 14.
114,000
10,000
20.000
70.00o
65,000
72,000
8,500
8.300
12.000
9,000
12,000
62,000
42,500
12,500
9,100
4,300
884,000
6,700
41,000
9,900
12,000
842,000
492,000
9,200
900,000
531,000
523,000
47,500
31,500
285,000
crop
of winter wheat, if
have been serious hindrances to business, while the limits of
of the exporters have been several cents under the
current prices.
It is stated that a considerable portion of the
recent large shipments of wheat from this port was made by
the bull clique in order to facilitate the accomplishment of the
July
corner
which they are said to have in view.
To-day prices
with less speculation at the "decline,
though the export trade slightly increased. No. 2 red sold at
$1 28/4@$l 29)4z for July, $1 2325 for August and
were
Sales of the week
bales.
Of which exporters took
favorable weather at the
circumstances continue
many
statement of the week’s sales, stocks. &c,
warm,
propitious for a week or two longer,
act as a drag on the upward movement, however, and a more
732@V conservative
spirit has been manifest for several days. The
export trade has been of fair magnitude, but the firmness of
916*
ocean freight rates and the moderate supply of suitable tonnage
Compressed.
LivaapooL.—By cable from Liverpool,
The
West, and the prospect of a good
lc.
to 2c. lower,
42.000
September, $1 24%@$1 25/£ for October and §1 23(§>$1 23/£
14,000
seller’s option all the year.
Indian corn has been firm most of the time for cash and July,
as the shorts have been covering through fear of the bull
11,500
828,000
487,000
clique here and at Chicago. At the same time the shorts have
been selling the later months owing to the warm weather at the
Amount afloat.
238.000
294,000
West, which gives hopes of a more abundant crop than was re¬
Of which Ameriuan
62.000
74 000
35.000
cently anticipated, and owing also to a material increase in the
The tone of the Liverpool market for spots aud futures each day or th
week ending
July 14, and the daily closing prices of spot cotton, have receipts at Chicago. The weather reports have been sufficient
»ean as follows:
to offset in a great degree the war news from Egypt, which,
Of wkicn American
37.500
15,000
301,000
7 2,000
-
29.500
16,000
59,000
46,000
[ V ol, XXXV.
THE CHRONICLE.
86
is usually witnessed, *t(this quiet stage of the season. .The
restricting the decline of prices jobbing trade was rather slow, as
generally expected, yet.the
There has been less activity in
order
demand
was
in
excess
probably
of the corresponding
the speculation than last week, and the export trade has been
insignificant. To-day the market was dull and slightly lower; period last year, and the outlook is regarded hopefully. The
No. 2 mixed sold at 86^4c. for August, 86%c. for September, tone of the market has greatly improved, and though values
86%c. for October and $l%c. seller’s option all the year.
have not materially changed there is a firmer feeling, indica¬
Rye has sold moderately at an advance. Oats have been
fairiy active at some advance for white on the spot, and also in tive of more remunerative prices in the not far distant future.
Domestic Cotton Goods.—The week’s exports of cotton goods'
options, which the bulls have still largely controlled. To-day
prices on the spot were firm for white, but slightly lower for aggregated 3,414 packages, making a total of 80,214 packages
miied, while options were lc. lower ; No. 2 mixed sold at 61@
since January 1st, against 75,b94 for the same time last year
61^c. for July, 51%@52c. for August, 48/£@49c. for September
c
however, has had the effect of
to about two cents per bushel.
quotations :
lows
FLOUR.
No. 2
3
3
4
4
5
4
6 00® 8
6 00 ® 7
5 50 S> 8
4 30 ® 5
7 25® 9
bbl. $2 90®
2 90 ®
spring...
No. 2 winter
Superfine
Spring wheat extras..
do bakers’
Wis. <fc Minn, rye mi r.
Minn, clear ana stra’t
■
Winter shipp’g extras.
Patents
00®
90®
^
City shipping extras.
50
85
90
50
00
00
00
50
Southern bakers’ and
family brands
South’ll si ip’g extras.
Rye flour, superfine..
Corn meal—
Western, &c
Brandy vine. Ac....
,
50 | Buckw’t
flour,1001b8.
$6 50®
8 25
6 50®
5 40®
3 65®
7 85
6 75
4 10
4 40®
4 45
4 60®
...,®
GRAIN.
i
Wheat-
bush. $1 10
Spring No. 2
1 27
Spring, per
Bed winter
Red winter, No. 2
White
Corn—West, mixed
West. mix. No. 2.
1 IS
1 33
1 25
Western yellow..
Western white...
83
96
95
®l
®l
®1
® 1
®1
85^2®
86^®
Southern white..
Southern yellow.
®
33
32
36
34^
33
87
Oats—
-
«■
60 ®
62
®
013* i>
6
Mixed
White
No. 2 mixed
No. 2 white
Barley—
Canada No
...
....
Canada bright
State,
90
...
4-rowed
...
2-rowed
Barley Malt—
State,
98
® 1 00
®
®
®
®
in 1880. The principal shipments were made as fol¬
2,000 packages to China, 508 to Great Britain, 437 to
Brazil, 155 to U. S. of Colombia, 95 to Hayti, etc. The demand
and 56,296
and 48^c. for October.
The following are closing
...
Canada
State, 2-rowed...
Stale, 4-rowed...
1 25
107
1 15
63
68
62
65
:
goods was steady, though chiefly of a hand-to-mouth
character, and deliveries on account of back orders were con¬
tinued on a liberal scale. Prices for cotton flannels were made
at about last July’s quotations, save in the case of low grades,
which are a trifle dearer because of the advance in the staple.
Brown and bleached goods are not only steady in price, but
some few makes have already been marked up about %c. per
for cotton
yard, and colored cottons are firm but unchanged. P> int cloths
were less active,but firm at 3%c. for 64x64sand 3/£@3%c. for 56
x60s—the latter grades being in very light supply. The open¬
ing price for the best standard pTints has been made 6/2C., and
was a fair though not very active business in leading
»
®
®
there
kes
ma
Goods—The feature of the woolen goods
brisk demand for soft wool dress goods, and
suitings, sackings, etc., for which very satisfactory orders were
Domestic Woolen
®
®1 40
®1 12 *2
®1 22^
market has been
a
placed with manufacturers’ agents. Colored flannels were also
in fair request, and a considerable business in blankets was
(From the“ New York Produce Exchanqe Weekly.'’)
effected in some quarters. The demand for men’s wear woolens
Receipts of flour and grain at Western lake and river ports was irregular, and the movement on account of former orders
was less active, as agents have in some cases nearly completed
far the week ending July 8, 1882:
Wheal,
Rye,
Flour,
Corn,
Oats,
Barley,
their deliveries. Low grade cassimeres were mostly quiet, but
bush.
bush.
bb'.s.
'
’bush.
bush.
bush.
there was a fair reassorting demand for fine and medium
(196 lbs.) (60 lbs.)
<5<W5s.) (32 IbsO (48/6s.)
At—
qualities. Overcoatings were in lessened demand, but choice
Chicago
: ttUl 10-V.no
4-2.800
36.1
SO 11,860 3,000
Milwaukee
J- * V
cloakings have received a fair share of attention. Kentucky
7-2 lo
llO
96,948
Toledo
773
14.559
7,216
jeans
ruled quiet, and doeskins were only in moderate request.
Detroit
307
44.648
2,500
16.516
Satinets were inactive as a rule, but repellents continued to
Cleveland
1,415
21,889
7,500
26,200
move with a fair degree of freedom, and there was a little more
St. Louis
13.987 418.109
41.705
35.630 1,205
1,625
Peoria
3,625
77,000
92,900 4,100 1,800 inquiry for linseys by early buyers. Carpets were in moderate
15,500
9,311
Duluth
demand, and for the most part steady at current quotations.
7 852
23,856
Foreign Dry Goods —There has been little, if any, improve¬
Total
104.771
848.560 539,815 466,339
596,934 15,287
6,611 ment in the demand for
imported goods and a renewal of
Same time ’81. 175,938 1,044.166 3,595.829
activity in this branch of the trade is not looked for until im¬
Total receipts at same ports from Dec. 26, 18S1, to July 8
porters are fully prepared to open new fall styles. Staple
1882, inclusive, for four years :
1881-82.
1880-81.
1878-79. goods have been rather more sought for by distant buyers, but
1879-80.
3,010,499 3,385,590 business was strictly moderate in the aggregate.
Flour
bbls.
3,903,749
4,652,693
Rye—Car iots
83
Boat loads
81
...
.
HI J
1 1
.
Wheat....
Corn.
Oats
.bush.
...
Bailey...
Bye-
16,662,169
44,357.522
19,836.239
4, ”66,754
1,129,014
25,378.341
60,925.871
23,881,910
3,939.090
863,950
32.796,339
49,530.0*0
14,969,117
2,385.906
1,018,094
25,213,745
81,090,114
10,118.721
2.538.224
1,143,339
126.101.113 101,330.136
The visible supply of grain, comprising the stocks in granary
%t the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, July 8, 1882, was as
Total grain
....
86.751,698 114,992,162
follows:
In store at—
Albany
Buffalo
Corn,
bush.
bush.
3,316.158
689,0C0
1,035,561
541.(87
1.0 >5,818
718,223
138,761
1,043,54 9
302,000
30.500
Oswego
Bt. Louis
Boston
Toronto...,
Montreal
Philadelphia
Peoria
India napoli8
City
Baltimore
1,024
bush.
230.713
.7.000
10,f 8J
UO.OOO
14,000
191,045
206.095
34.087
509
645
21,290
30,535
5.136
495
32,141
93,573
47.623
3,609
1(5,152
107.977
4,495
2,156
16,000
10,766
380
71.868
79 662
31,429
102
62,396
Ct¬
rl-
S3*
©
whole the dry
2
*-i
»
i—i
0
©
.
O
.
O
o
0
•
CD •
O
0
3
3:
S
►—1
o
.
“
0
2*5
5®
p
•
CP •
0
00
0
.
~
H
Sc
e;
®:
p
o
0
53
a
®
•
o
•
0
•
tt
OB •
CP
>s
•
•
'
;
b*C3
O'O
C- O1
to to —• o o
10
to
to
X
7*
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TRADE.
July 14, 1882.
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goods market has been quiet the past
j
week, owing, in a measure, to the uncomfortable warmth of the
!
weather, which has caused many package buyers to take a
brief vacation at the watering places, &c. There has, how¬
pi
b I
ever, been a very fair business in a few specialties, such as soft
wool dress goods and suitings, sackings, &c.t which were opened P I
SI
in variety by manufacturers’ agents, and the movement in
staple cotton goods (on acccunt of back orders) was larger than 1
a
b
g
week
facts
•
Friday. P. M.,
As
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6.388.650 1,675.628
DRY GOODS
96,103
791
300.479
1.348,775
I.OjO.TOO
5*4*03
800
**78*6
535,197
580,800
9, ’81. 15,619,976
0
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g P. © g' P
gor
4.676
7,2. 0
47.200
69,705
285.907
11.819
478,217
Tot. July
6, ’82. 9.621.412
Tot. July
1. '82. 10.107,430
Tot. June 24,’82. 10,555.410
Tot. Juue 17,’62. 10,230,307
Tot. June 10, ’82. 10.057.797
I—«
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p
34.000
6.202
12.2 L6
178,040
104,2-5
158.317
1,034
58.700
48,663
296.627
g-3
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a
£
p
c"
42.000
25,408
36.972
On lake
On canal
THE
bush.
133.1*29
148.576
60,000
427.443
July
bush.
Ryf,
R
c
l® I
Down Mississippi.
On rail
Tot.
Barley,
importations of dry goods at this port for the
ending July 13, 1882, and since January 1, and the same
for the corresponding periods of 1831, are as follows:
20,075
348.851
Duluth
Toledo
Detroit
Kansas
*Wheat,
Oats,
Importations of Dry Goods.
The
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